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a
MONDAY

ISSUE
Ui*#V

p

.

y

OF Miv-H
GAH

JUL 27 1954

ams,S!^ST"m

Reg. U. 8. Pat. Office

Volume

New York

Number 5345

180

General
RAILROAD

PUBLIC UTILITY

Mich.—Catalog—

industry

serve

jet

to

automobiles

uses—from

of

dispersions

colloidal

^'dag"

engines,

and

in

INSURANCE

-

published

460,

"Colloidal

electric

and

10

In This Issue

nearly

catalog.

new

denum

and

and

vermiculite,

dispersion

dispersions

in

oxide,

zinc

resin solutions,
alcohol, glycol,
Comparative particle size and consistency of
given,
as
well
as
dilution information
and

are

New

income

$21,670,000 $19,475,000
2,344,000
1,632,000

-

Stock

1,181,000
1,080,000

$1.95

$1.28

-

income

Net available for common
per

share

common

directors

32

cents

of

87 V2

both

San

on

previous
June 1.

$882,130
The

revised

43
33

Exchange.

Transactions American Stock Exchange

33

involved,

this corporation

has

SEC Index of Stock Prices

announced

filed

the

by

July

on

directors

of the

behalf

p.

this company P.

of

51

The Course of Bank Clearings

45

Dividends Declared and

Foreign Exchange

a further $600,000 has been added to the com¬
through the sale of 100,000 treasury shares at $6 per...

II

•

■

.

.

„

Federal

reports

company

earnings for

the six

Reserve

Profit

System

46

June

total

"As

30,

to

something

like

approximately
the

last

20%

compared

to

$170,000,000.

last

but

year

will

taxes

$20,787.

were

Wendt reports that the company backlog of business has reached

peak

approximately

of

active.

But

"

months, we are to borrow a political campaign
It's a buyer's market and competition Is very
not too much left of the drouth; in fact,
we

scared.'

there

$2,500,000.—V.

177,

is

experiencing

4%

from last year to June

not

quite

a

,

-

Manufacturing Co.—Sales Hold—

W. A. Roberts, President,
"Both

proposals

sideration

the

at

of

that

the

shareholders

common

for

some

record-breaking year."—V. 179,

2137.

p.

.

shares

of

type,

any

when

issued,

be

offered

to common share owners before otherwise

being placed on sale.
proposal to increase number of preferred shares authorized,
holders of the 3V*% cumulative convertible preferred shares also voted
approval by a substantial margin. This 3Y<% issue, Incidentally, has
"On the

reduced

been

to

shares
-

issued

"As

*

'The

through

convertible

alone

has

company

to

the

at

$102

proceeds

bank

improvement

and

$24,000,000

capital

used

meeting,

350,000

account

was

and

will

leave

us,

$78,250,000

share

per

from

loans

the

the company

shares

of

4.08%

on

to

which

partially finance
for
capital items

expended in 1953. Since 1947 expenditures for
various maintenance, replacement and other

for

totaled

more

than $175,000,000.

of July 15 this year, with a
which $15,000,000 is due Sept.

total

as

of

preferred

this

of

the

next

$60,000,000
"Net
.

12

years.

until

1,

funded

1956

and

debt

of

current

assets

No principal payments

will

capital

to

current

will

six months

-Approximate
some

$240,000,000

be

close

decline

in

defense

to

of this year

the $258,000,000 volume of the
Division sales,
which we did not Shave

Buda
-

approximate

liabilities

"Sales invoiced for the first
,

due

are

serially

the

on

other

1962.

working

Eame

last

and

ratio

of

last

Backlog,




July 21,

our

issue of

year,

will

offset

CAPITALIZATION GIVING

Division

defense

contracts,

EFFECT

Marine

PRESENT

TO

Midland

:

C%

ment

Trust

stock

These notes

one

54,000

will

$1)

of

a

which

be issued

provides

Los

for

under

Net

-The above

table

outstanding

the issuance of

share

382,200

594,000

742,100

$248,356

$175,646

$473,543

$346,745

share

$0.39

$0.27

$0.73

$0,54

—

1.088,845

*

has

a

.

(& Subs.)—Earnings—
1954

Cost

of products sold

on

•Earnings

?

1953

34,602,727

30,810,744

9,130,446

—

—

less other income-;.

8,087,666

—

common

per

of

2,535,000

$2,055,500

$1,766,667

$1.52

(est.)-

2,225,000

-

income

income

Net

-

$48,013,673 $43,200,077

-

$L34

share

restricted class B common shares.—V.

180, p. 49.

American

Stores^bo.—June Sales Up—

Period Ended June 30—

1954—Month—1953
$

59,577,861

gales
—V.

179,

2701.

p.

a

term

a

as

sets

of

Said

loan

of

the

forth

May

28,

term note in

the

the

in

is

in

authorized

Security-

two

prvts,

amount

of

revolving credit type, provides
debt

1954

the

agreement

and

and

amount

capital stock of the
giving effect to:

after

of $100,000

and a com¬

revolving credit of $200,000;
(2»
th^ recapitalization
850,000 shares of common stock of the par v: lue of $1
and
the
reclassification
of
the
issued
and
outstanding

shares

of

capital stock of

of common stoak of the

r.j

par

per v due of $1 per

value

Silk

licensed

under

$

....

American Silk Mills

1400 Broadway, New York, N. Y., have
Viscose Corp. to convert rayon fabrics
the Avcoset program of quality control of washable rayon fab-

American
been

1954—3 Mos.—1953
$

$

59,941,291 153,322,899 142,428,058

by

Mills,

Inc.,

American

TICS

Milton

H.
an

fabric

Rubin,

President

Avcoset shirting

made into a

process.

of American Silk, said
fabric named "Donella "

they will mer¬
This is air All-

doeskin-sueded type of the exclusive Shep..

,

processed under the Avcoset program may carry the
Avcoset label, and garments made from them may also carry it.
This
label
informs the consumer that fabrics have been fast dyed andv

for

76 230/739

310,300

'

sales

The

476,000 shs.

Credit Agreement with

a

Angeles.

and the other, which is
maximum loan of $200,000.

mitment

1,067,543

American-Marietta Co.

ardene

54,000

850,000 shs.

$lu *,000

per

*$100,000

j

(par

Fir.st National Bank of

lor

Outstanding

*$100,000

note

note payable to Employee's Retire¬

Common

557,846

6 Months Ended May 31—

rayon

term

558,656

backlog of more than three months' production
and orders are being received at a
rate about 6% greater than the
current rate of shipment.—V. 179, p. 1829.
•

chandise

FINANCING

Authorized

;

5%

authorizing

Tractol:

The

of New York, New York, N.
Y., and the registrars are Bank
National Trust & Savings Association, Los Angeles, Calif.,
Irving Trust Co., New York, N. Y.

(1)

1953.

and

America,

company

in

Security-First National

are

Trust Co.

and

$4,106,310

$4,111,329

American Viscose Corp.—Licenses

The transfer agents for the common stock
of Los Angeles, Los Angeles, Colif.,

will very (Tor,? y

volume.

excluding

wholly-owned subsidiary,
1954—V. 179, p. 2805.

stockholders.

period

be slightly better—on the increased number of common
outstanding will be close to 10% -more per share than for

year.

on

its

and

Offering—Mention
July 12 of the public offering
and sale of 160,000 shares of common stock (par $1) by
Van Alstyne, Noel & Co. and Crowell, Weedon & Co. at
$4 per share. Of these shares, 100,000 were for the ac¬
count of the company and 60,000 for account of selling

of

1954—6 Mos.—1953

$2,109,438

Electronics, Inc.—Stock

made in

NOTE

flve-to-one.

"Profits will

Glares
j-.

American

was

This

'

over

corporation

this

became effective

Corp.,

Inc.—Earnings—

.1954—3 Mos.—1953

f

taxes--

per

•Exclusive

original

to

sale

borrowed

programs

facility improvement items have

of

Bank

underwriters

preferred

short-term

pay

expansion

-

total

359,373

of

yield 4%. This
new
issue,
convertible at $60 per share
into common shares,
was
promptly distributed—"it was over-subscribed"—and is now trading
oa the New York Stock Exchange.
Issue

*

from

one-fourth

outstanding.

these approvals at the annual

offered

11

cumulative

shares

91,000

remain

result of

a

May

on
*

conversion into common
shares; thus about

by

about

shares

merger

for

$2,091,631

Operating expenses,

con¬

additional

authorized

any

Arma

June 30 said:

to

meeting held May 5 were approved by very sub¬
These proposals provided for authorizing a specified
preferred shares and eliminating requirements

stantial margins.
number

on

submitted

The

is engaged principally in the
metal enclosing of "packaged"

Encaustic Tiling; Co.,

company

Taxes

Allis-Chalmers

sheet

and

taxes

829.

p.

wiring

control

American Bosch Corp.—Merger Effective—
*

specific functions in automatic

Inc.,

,

six

local floods.
Cash farm Income is down only
1. Most utilities report total loads holding
—or
even
increasing.
Construction
work
is
perhaps
better
than
expected.
Barring major upsets, we should end up with a good—but

Tunnin'

Electroflow,

profit

The

down

are

$971,000.

Comparable figures for 1953 are not available; however sales for the
five months ended June 30, 1953, amounted to $522,000 and earnings
.

new

various types of synchros, induction potenSuch products are computer components

are

motors.

servo

subsidiary,

before

Income

taled

Mr.

name

—

Earnings
be

still

ended

months

Sales

term,

a

"

J

principal

products

American

1954, of $34,625 after provision for Federal income taxes, Charles W.
Wendt, President, announced on July 22.
Sales for the period to¬

after

the

1957

1,
' •

,

incorporated as a California corpora¬
"American Electric Motors, Inc., of Los

was

changed

Period End. June 30—

46

.

.

Engineering Co.—Earnings—

All American

Rates

/-Net

will

This

"

American

12
46

Statement of Member Banks of

Condition

also

Payable

Banks

Reserve

advised that the share purchase option pre¬
viously granted to E. H. Pooler & Co. until July 12, 1954 was not
exercised nor extended. In lieu thereof, clients of E. H. Pooler & Co.
bave made an alternative proposal to acquire control of Algom
and
fiance the mine and erection of a mill, under terms and conditions
now under study by the Algom
directors.

l

the

July

ground power supply units, designed for any degree of portability from
skid mounting to completely self-propelled units.
It also manufactures
electrical test equipment used principally by the aircraft^ Industry to
test various
aircraft electrical and -electronic equipment.
The major

Condition Statement of Federal

Combined

Purchase of the shares was made by Burns Bros. & Co., Toronto,
behalf of certain clients.
announcement

have each
agreement"
will waive
term note has
unless prepaid prior
he

company,
$100,000, 5%

portion of its business in the past year has been subcontract work
Electronics, Inc.
See also V. 180, p. 153.

Redemption Calls and Sinking Fund Notices.-46

President,

Joubin,

R.

,

General Corporation & Investment News-Cover

share.

The

..

.

successor

and

other

assembly,

to become

by the Commission
2137.

The

the

with

compliance

in

company

Miscellaneous Features

July 15 announced

pany's treasury,
on

the

until

be

the electronics industry and perform

for

last.

2,

approved

179,

the

in

tionmeters

requested.

was

as

dividend of '"

a

,.

electro-mechanical control equipment.

had

have been

will

company

was

company's

cluded

33

but

1954.—V.

10,

33

the Alabama P. S. Committion approving
denying the company the rate increase of

of

1954

1

production of miniature high frequency drive motors and blowers and
high frequency power supply units and related products, all of which
are
components of the electronics and aircraft industries.
A
subsidiary,
American Electronic Mfg., Inc., is engaged in the
business of developing and producing miniature rotary
electrical in¬
struments for use in guided missiles, fire control systems, electrical data
handling or computing machines and servo-mechanism systems.
In¬

44

Stock

,

intention to declare

to a partnership. In July of 1954 the cor¬
to "American Electronics, Inc."
office and plant Is located at 4811 Tele¬
graph Road, Los Angeles County, Calif., in four connected buildings,
having an approximate total area of 22,000 square feet.
These prem¬
ises are leased from Deston Co., an affiliate of the company. Effective
July 1, 1954, American Electronics, Inc. has leased 12,000 additional
square feet in a building on West Jefferson Boulevard in Culver City,
Calif.
American Electronic Mfg., Inc. is located at. 9503 W. Jefferson
Boulevard, Culver City, Calif. It has under lease 8,000 square feet of
floor
space.
Electroflow, Inc. Is located at 1144 N. Tyler Ave., El
Monte, Calif.
It leases two buildings having a floor area of 6,000 and
4,000 square feet, respectively.
It expects to sublease those buildings
to others, and will move its entire facilities into and sublease a 47,000
square foot building which is leased by the company.
The business of this corporation is the designing,
engineering and
the

as

name

The

State and City Bond Offerings

On

of

^

of

"

,

under

1945

porate

40
Section

Markets

which

full

in

'

Angeles"

39

Exchange—Curb

Transactions New York

Algom Uranium Mines Ltd., Toronto, Ont., CanadaStock Sold— 1
- './* •"
*
On

quarter

stock.

officer

an

stock

his common

on

paid

in

tion

National Quotation Industrial Stock Averages 33

it

order

Aug.

factors

decision

rates

Commission's

J

is

he

as

BUSINESS—The

38

Exchange

Stock

Order—

the

all

which

annually

Commission

effective

of

decision

The

*

long

so

thereto.

Dow-Jones Stock and Bond Averages

schedules

rate

Stock

Over-the-Counter

share on the $3.50 cumulative prior preferred stock,
1 to holders of record Aug. 17.
dividend on common stock was 20 cents per share

consideration

accepted .the

Exchange

Exchange

Stock Exchange

on

uniform

Exchange

Exchange.

Toronto

Sept.

State Commission Rate
After

Stock

Toronto

quarterly dividend of
stock and the regular quarterly dividend

common

on

Exchange

Exchange

Francisco Stock

Canadian

regular

a

Stock

Montreal Stock

cents per

payable

The

;

paid

share

a

20|Udeclared

July

on

Stock

Angeles

Pittsburgh

Raises Common Dividend Rate—
The

Exchange

Philadelphia-Baltimore Stock

214,000

1,744,000

income

•

Stock Exchange

Midwest

1,846,000

1,642,000

income

82,000

2,426,000

Other
Gross

Earnings

1953

1954

12 Months Ended June 30—

Los

been

13
25
--29
34
34
34
34
3G
37
37
37

Detroit Stock Exchange

Corp.—Earnings Show Gain—

Operating revenues

Exchange

Stock

American
Cincinnati

Net

for

that

Page

'

v

(Stocks)
York Stock Exchange (Bonds)

Boston

Alabama Gas

.

New York Stock Exchange

typical applications.

Operating

third

common

stock.

Lamel,

dividends
v

graphite, molyb¬
carriers such as

of

hydrocarbons,

emulsions.

wax

each

basic

40

lists

volatile

oil,

the

their

'

disulfide,

water,

during

common

just offered for the account of the selling stockholders),
agreed in the Credit Agreement and in the underwriting

Quotations

"

,

table

centerfold

fA

the
the

to
in

amount of $379,000; and (4) the*
of

declared

Cripps and Zonne, officers of this company and1,
of 289,500 shares of common stock (after the sale of the shares*

owners

Stock and Bond

have

directors

share on the

per

shares

100,000

of

sometime

pay

cents

; Messrs.

was

product —• from'"Aquadag," -the-first preparation,
half-a-hundred dispersions now available—is traced

sale

DIVIDENDS—The

.

unusual

and

issuance

range
toasters to

by

graphite

Copy

a

MISCELLANEOUS

-

current bank loans outstanding in the

•;/

wide

a

thoroughly treated in a new catalog, Bulletin >
Acheson Colloids Company. *
first developed in 1906 by the late Dr.*
Edward
Goodrich
Acheson
in
order
to
provide
industry with an improved lubricant in a handy ; liquid form.
"The growth of this
He.

INDUSTRIAL

-

machine tools—is

giant

$1

Corporation and Investment News

-

Acheson Colloids Co., Port Huron,
How

Price

7, N. Y., Monday, July 26, 1954

into 376,000 chares

shaic; (3) the puyn.ent of

fabrics

permanently stabilized
fully washable.

against shrinkage and growth, so

that they are
i

Merchandise Avcoset Shirting Fabrics
Felix Kramer, President of the Krasom Co., Inc., New Jerk, N.Y.,
on
July 12 announced that his company would merchandise Avcoset
r"von men's and boys' sports shirting fabrics of a handkerchief-linen
type olTfabric int heir spring
1955 line. Their selling agents are
Krasom

Co. to

MCTh\mKrasomnco?r°is

the 37th converter to be licensed by American
convert rayon fabrics under the Avcoset program
of washable fabrics. The Avcoset label lnlorms toe
consumer that fabrics carrying
lthave beenbothfast dyedmid per
manently
stabilized against shrinkage and grov.th, insurug lull
washabUUy.-V. 179. P- 2361.

Viscose Coro., to
of Quality control

2

The Commercial and Financial Chronicle

(346)

The

sailed

he

before

is

which

according

to

the

for

The

shares

The American Woolen directors,
down the Little proposal.—-V. 180,

turned

Stevens,

Mr.

before

Income

taxes

income

Net
Earns,

has

divs.

$1.93

*

depreciation

for

made

been

preferred

after

share

common

per

•Deduction

all

and

21,

Oct.

„

N.

opened a storage operation this month at Bath,
petroleum gas.
It will store 2.000,000 barrels of

company

liquid

for

Y.,

petroleum
controlled

by

in

pumping brine
petroleum
gas.
fuel,

which

Oil

for

Search

Ltd.—To

Co.,

Oil

Anglo-Iranian
D'Arcy

■

Exploration
to

interests
the

Government

—V.

180,

Co.,

SEC

1"

>

in

expense

taxes on

—V.

•

J

•

■.

'

•

/

;

.

/.,.

'

'!

banks

three

from

•

newsprint

SEC—
July

its

of news¬
pulp and

huge

and

insur¬

an

;

income

share,

of

2586."

p.

179,

.

.

(par

10

The

net

John Hancock Mutual Life Insurance Co.

C-26

and 4%.

Air

179, p. 2361.

proceeds

i'.h.

'I

23,736,929 ,
686,303 f

30—

V

taxes

'

on

of

/

1954./

$321,639

incom3_/_r____j

•

' v-

,

1

..■■■■■—

-

The

■

"""""

•

L_:

^

'

Federal

taxes

Cur. Year

*

Plan

$1,714,394

641,322

1,200,076

$520,131

units

announced

built

be

to

July

on

believe

to

"

per

share

common

deducting

;

like

MD-3,

the

and

planes

1

•

$0.29

;

short

the

in

downward

reversed

reduced one-fourth of

was

June

1954,

and

expected for the balance

Bulolo Gold

trend

that

of

of the year.—V.

these

in

categories

179, ,p.^ 2702.

fine

Ounces
Value

under

the

of

terms

will

C-26,

to

be

supply

an

will

contract

new

used

the

start

to

Value

.V

U.

S.

preferred

requirements.—V.

dividends

Atlantic City Electric Co.—Plans
applied

company

permission

L.

B.

to

$

"

*

178,

Operating expenses
Fed.

1465.

p.

inc.

Financing—

$983,640

115,745

':]

'
15.37c

—

$4,051,075

$2,418,185

/•

.

'17.39c

26.63c
-

23.97c

•

Watch Co., Inc.—Notes Sold Privately—The
has completed arrangements to place privately
with a group of three institutional investors, through
Goldman, Sachs & Co., $8,000,000 of 3Yz% sinking fund
notes due May 1, 1969, it was announced by John H.
Ballard, President, on July 20.
Bulova

of

jet-

Ballard

Mr.

for

tied

they

are

receivables

'

in

up

the

r

sumer

•

pointed

that the

out

equipment,
make

and

company's

available

free

expansion

—V.

to

President,

retire

said proceeds from
borrowings
and

the

offering

for

short-tedm

entirely

Atomic

Offered

now

would

Uranium

Corp.,

Denver,

/

Continental

14,503,363

14,602,265

2,318,785

12,004,487

12,140,307

drilling

net

proceeds

and

expenses

for

BUSINESS—Corporation
1954.

Its

principal

The

is

The

general

of

the

in

Is

to

the

holds

of

totaling -approximately

200

acres,

Colo.,

Mesa

County,

Mountain

District,

in

at

Delaware
404

June

on

Empire

the

gap

to

has

and

Printing

now

begun selling

make

he

large

expects

whole

the

lately has

been

stepped

Pittsfield

Coal

Gas

the

said

working

known

Eagle

as

County,

the

Ford

Colo.,

Group,

known

the

as

Net

circuits

outside

•

Contracts

of

electronics

the

for

field

Interest,

and

Buick

before

up

to

150

week—V.

a

the

Power

Uranium

further

exploration

of

for

Corp.- received

the company

and-development.

GIVING

EFFECT

51%

a

•

of

v

179,

180,

p.

stock

180,

♦Earnings

30.

i

-

10c per

shareu_

TO

PRESENT

(

par

Jackson
deepwell

FINANCING

/

on

4,312,408

income

$7,250,000, it

Ohio
the

RR.—Net

first six

Profit

from

announced

was

on

July

net,

which

for

Net

(est.)_

taxes

of

1953,

with

June

month
the

this

of

41.78

net

income

current

were

Transportation

about

ratio

ratio

n

-

for

year

was

about

date.

to

$8,800,000

for

June

the

less

was

preceding

Industries

was

made in

offering

Corp.,

com.

Railway
than for

month,

a

largest net for
operating revenues
June,

1953.

substantial

and

the

trans-

Y.—Stock

on July 6 of
(par 50 cents) at $2 per share by
Jay W/ Kaufmann &
Co. and Vickers
Brothers, both of New York Citv. Fur¬
ther details follow:

by the board.—V.

179, p.

Sales

revenues1.-

and

Profit before

Income

May 1/54

and

income

1830.

India

from

Quinine

Jersey;

there

Cantrell

&

Drinks

his

in

Cochrane

and-tart

R.

&

Water,

the

Cochrane

Water,

which

and

nation's

Corp.,

with

flavor.—V„

Trans Inc.,

This corporation

;

other

taxes—

income-

Inc.

836,000

$455,000

Earnings

per

common

stock

Book value
—V.

179,

j

;

$533,000

and

share

surplus end

share of.

per

'

$1.31

the

.

of

common

year

7,888,000

and

7,736,000

$29.88

$29.04

the

first mortgage

Under

bonds, series E, due 1984.—V. 180, p. 246.'

Sir Eric

Southern

Vansittart,

Paper Corp.,

Ltd., the

Bowater,
parent

newsprint and paper,

of

its

American

new

Operated
American

bv

mill

its

Paper

on

pulp

Chairman
and

one

July 20

and

subsidiary,

represents

an

Corp.—Starts

,

the world's leading

paper

mill

investment

Paper

$60,000,000.

Corp.,
It

has

.

will

the

a

will

Ruan

veteran

last

of

be

the

new

court

The

company

will

company

of

C.

through

&

R.

the

be

Trans

purchase

strengthened

will
in

serve

the
a

as

and

Chairman

of

by

the

the

Board,

highway transport business, will
half years,

General

Mr. Drohan

system.

Prior

Manager

of

to

the

was

that,

the

he

Interstate

funds

new

a

have

been

made

avail¬

capital contribution of
a

preferred

new

the purchase of $500,OOo of preferred
notes by Fruehauf Trailer Co., an

subordinated

over

bank loans aggregating $1,200,000.
announced
$200

trustees'

by Federal Judge Walter LaBuy,
and those up to $200 will

will get 25%

has been fully assumed by
and these debts will be paid in full, Mr. Drohan said.

Reorganization of

the

owner

operations

trustee liabilities from

plan as

creditors
.

1

reorganized

Iowa,

modernized

and

reorganization,

of

the

f

the

from the purchase of $200,000 of

& R.

and by

100%

extending
through Minne¬

Louis,

System.

$400,000

Under

of

eight and

Vice-President

corporate and

the Keeshin

St.

the bankrupt Keeshin

creditor,

receive

and

announced.

Mr.

the

plan

indebtedness

the Keeshin System has been opposed by

a

group

of railroad carriers who are presently opposing the Interstate Comimeirco

an
■

.

~

:

f

1

«

...

.

\

.

tractors

and

Bowater

producers

the

Southern
of

fleet

interested

production start-up
at Calhoun, Tenn.

the Bowaters

in

water

2138./

p,

Iowa,

stock issue by the Ruan interests;

Mill—

of the Board of The

of

announced

in

stores

in

qUinine

Chicago, 111.—Acquisition—

operations

150

setup.
For

$100,000 by C.

>

and

Drohan,

Freight

able for

stock

Bowaters

the

trustee for

Executive

Motor

Co.—Bids July 26—

at 182 Tremont St., Boston, Mass., will up to 11 a.m.
July 26 receive bids for the purchase from it of $18,000,000

on

new

William

was

(EDT)

trailers

President.

be

of

truck-trailer

The

operating

Boston Edison

sale

on

July 2o purchased the Keeshin Freight System'
plan of reorganization approved by, the Interstate

a

management, it was

In

$2.15

stock

and

product,

new

be
produced in
the
Angeles plants,: and/dis¬
markets, is an, original formula
a
unique cool taste combination

by John Ruan, Des Moines.

over

200

new

2138.

p.

first

on

with,

Management
taken

1,369,000

858,000

manu¬

announces

world's

Los

179,

over 17 states from Des Moines,
apolis to the eastern seaboard.,-

.

of

Net

1690.

Commerce Commission and the Federal District Court in
Chicago, which
has had jurisdiction of the bankrupt Keeshin line since 1946.
Keeshin
motor transport freight routes totaling 16,000 miles and

■

May 1, '53

1,313,000

Corp.,

cap-top cans,

company—the

Quinine

Chicagor

to

&

dryness

$36,987,000 $36,100,000
other taxes

and

of

net proceeds will be used
for working capital, for
expansion of the business, production of
new products currently
development, and for expansion of plant area.

New

Cantrelf

C.

$0.47

Booth Fisheries Corp. (& Subs.)—Earnings for Year—

;

now

plant

.

India

Old

of

The company

Offering—

issue of July 12 of the public
140,000 shares of common stock




Nil

of
for

no-deposit, no-return cans, is now
nation, below the competitive price of

the

tributed

*$526,472— -$169,830

$0.35

taken

sub¬

is

acquired

cans.

Old

of

$125,673

action

wholly-owned
corporation,

recently

cap-top,

C&C

181,309

Nil

"first"

in

.

dividend

its

its

bottles.

$532,700

•

and

C&C

as

.company's

,

.

President

Super Cooia Soft

—181,561

>.

in

; has

Capital

decrease

lowest

our

PROCEEDS—-The

.

137,642

share

that

Mexican

a

10c
par
value,
of this corporation has
been
the Midwest Stock Exchange, it was announced

on

Mack,
C&C

in accordance

"Loss.

$1,700,000.

41.16,

N.

.

146,365

*$273,935

per

NOTE—No

any month of the current year to date.—V. 180,

Bassons
Mention

achieved

year

the

month

the

compares

was

*$380,107
"

__j.—

income

Earnings

\

a
net of $13,649,996 for the'.same
despite a decrease in railway operating
revenues
of more than
$42,000,000 for the first six months of this
year versus the same period of last
year.

-period

12-oz.

'

=

.

86,032

1

Year Ended—

This

S.
of

exclusive

Known

1954—6 Mos.—1953

$349,347
-

73,609

^

trading

only quinine water

current

year was nearly
by Howard E. Simpson, Presi¬

21

operations-.- »$200,326
on
plant
7*'

,

equipment

-Prov.

1,260,000 shs

of the

dent.

$1.02

Outstanding

Earnings Decline—

months

_

another

outstanding June

i(

1^54—3 Mos.—1953

Period End. June 30—

•

&

;

A.,

pumps

Announces New Product—

(Sidney) Blumenthal & Co. Inc. (& Subs.)—Earnings

■

.

for

1930.

announced

S.

19.

Walter

$1,527,408

$1.34

stock

common

<-.^i

•

$13,822,876

2,785,000

to

July

across

Z

Baltimore

p.

B

14

Co.,

turbine

stock,

common

admitted
1953

2,240,000

„;

_______

class

and

■■■

C. & C. Super Corp.—On Midwest Exchange—

$2,022,530

__________

•'-/,.

manufacturing district outside Mexico City.—V. 174, p.

new

The

$14,982,184

/

taxes

common

1954.—V: 179,

•'Depreciation

-

5,000,000 shs.

1

all

on

type of adding ma¬

in

July

on

Byron

154.

4,262,530

share

per

♦Based

these claims

■,

153.

p.

utmost

company

sidiary,
in the

1954
•

this specific

on

•-'/.'

•.

Byron Jackson Co.—Mfg. Pumps in Mexico—
This

Pro¬

1150.

p.

,/

Net income after

the

Authorized
Common

'

-

the

space,—V. 180, p. 246.

by

Co.—Earnings Increased—

,

and

CAPITALIZATION

engineering development
■

facturers

mining .development

the judgment

in

as

immediate

and

simplicity in design, and practical simpli^
city in. operation, Burroughs' Ten Key ^is only 13. inches long, 814
inches wide. 7 inches high and weights only 16 pounds.
It is so com-v
pact that it can easily be carried in one hand or stored in a small

Acquired—

taxes__

-Taxes

»

Group of claims

warrant

Atomic

contemplates

company

priced competitively with any similar machines on
marks Burroughs entry into the 10-Key field, Mr. Morgan,
out.
It is the result of more than five year's intensive re¬

Featuring,

computer

benefit.

to

.

Force

used

are

.

Machine—

model,

new

search

users.

Air

Adding

market,

pointed

System

the

gadgets

new

!

sales

Profit

the

and

interest.

The

under

to

for

Six Months Ended June 30—

assignment 10 mining claims
located in the Gateway Mining

payable Aug. 1, 1954, and $6,000 payable Nov. 1, 1954;
assignment Uco Ventures, Inc., retained a 49 %
carried

working

normal

the

k j

r

below.—V.

Co.

Blockson Chemical

$9,000

under

246

s

.....

Corp.,

from

etched

them

analyzers that Bendix makes

Berkshire Gas Co.—To Be

and

Ford

For

-'

•

18,

Building,

Group consisting of five claims was assigned to the com¬
pany by
Uco Ventures, Inc., for a consideration of $18,000, payable
$3,000 cash upon transfer of the assignment to Atomic Power Uranium

any

bridged

says

duction

purposes.

Group.

Net

- *

chine.

prime products for which
Richard F. Walz, Manager

Bendfx,
division,

for exploration

pay

first

the

are

uranium

District,

—V.

Textile

—

r

■

consists

company

operation

lease

Ford

■

manufacturing

corporate

located

under

The

*

oldest

computers,

own

in the mining, exploration,
mining properties. The com¬
exploratory and development stage.

and

company,

Horse

used

Incorporated

was

office

be

the

of

While differential

See

business

development
pany

to

are

One

Its

/

Colo.

Denver,

Corp.

The

'

■<

Electric

...

'

Aviation

Bendix

poration

Securities

PROCEEDS—The
and

p°

2,830,628

2,435,065

printing processes known to man—silk screen
stenciling—has been harnessed to the newest glaipor tool of industry!
the digital
computer. /. The Bendix Computer Division of this cor-?

Colo.—Stock

Securities, Houston, Tex., and
Corp., New York, on July 20 offered
600,000 shares of common stock (par 10 cents) at 50 cents
per share "as a speculation."
■;

for

2,922,100

Corp..—New

An all
new,
ultra-modern Ten Key electric adding machine is in
large scale productnoin by this corporation and was introduced to
the public throughout the United States and Canada on
July 19, it
has been disclosed by Willis E. Morgan, Vice-President in
Charge of
Marketing.

4,312,605;

Adapted to Etch Circuits—

Power

—

Hunter

.-

12,605,100

4,730,609

2702.

p.

con- "

new

products

are

Burroughs

75,851,297

12,441,400

income—1-

179,

construction.—

2245.

p.

f

•

80.831,525

858.179

charges——

after

Net

107,371,267

15,621,888
2,408,900

-

937,109

now

government
of

and

diversification

and

Certain

capital

the

work-in-process,

for

production.

goods

consumer

"will

money

inventories,

it

-

.

$

$

112,506,897

•

'

have passed through the planning and design stages
being tested in pilot models."
/
/ Buiova's backlog of defence orders stood at $50,000,000 as of March
31, 1954.—V. 180, p. 50.
:

and

1954—5 Mos.—1953

21,719,595

-2,528.200

.--w

taxes

Net oper.

July 21 to the New Jersey P. s. Commis¬
72,000 shares of new preferred stock, $100

on

sell

_

taxes.-..

oper.

7-

y

;

x

1610...

p.

power

*

;

$

22,655,845
16,268,436

,*■

England,

used

179,

,

company

>

value.

be

:•)

.16,901,200

69,091

per

in U. S.

yard

—;

179.

13,909,900

28,104

$466,690

per

—V.

Pennsylvania—Earnings—

1954—Month—1953

Operating revenues

Other

,

\

1954—12 Mos.—1953

3,693,700;

13,344

ounce

the-,

be

engines

independent source of
of military planes while
.

Co. of

Telephone

gold—u—

$35

at

.!

1954—3 Mos.—1953

3,035,720/

-

and
may

-volume;- outstanding

increases

Dredging, Ltd.—Production Report—

dredged

s

lfev

by

Budget Finance, was
with other indications,- leads management

which

this year,
that

written

receipt

15

'

••

Bell

$1.08

$1.09

—_

t

241,731 v ^ 229,425
shares-/,£-7V'/»-

.

V.

$66,404

t

outstanding

common

bank borrowings

Period End. May 31-

since

Period End. May 31—

par

~

84,676

continued to improve its

business

has. been

Yardage

generator, which Beechcraft has been delivering to theNovember, 1952, and the new Beech-designed MD-3*

portable

Force

$514,318

———

____

c

$151,080 4

/I—/ £ $0.45

of

sum

income
be

operating the electronics systems
on
the ground.—V. 179, p. 2590.

Prev. Year

$1,161,453

income

an

income—

on

-

93,000

$107,620

shares

1953

-

86.019

shares^

common

Finance

the. largest

—

/ $840,553 /.

1930.

p.

powered

Corp.—Net Earnings Higher—

Federal taxes

before
for

profit

for

>

$244,080

128,000

..

.

.$193,639

number of common

company's short-term

213,111 ;
1,044,000 i

.

$864,183

—

corporation

The

Aro Equipment

The

are

/

,

-•

be

to

financial position in
quarter, it was further stated/ During this- period, the company
sold a $600,000 61/2% 10-year capital-debenture and a $2,000,000 4J/2-%
15-year sinking fund note.'After these, sales, the Interest' rate on the

portable generator, a more powerful modification of the C-26.

Six Months Ended May 31—

sion

the

with

cents)

,

preferred sharesi.

on

Budget

The

The

i

.

♦After

*•.*

Plains,

White

notification

of

stock

underwriting.
/ ,.'
/

taxes—

outstanding

of additional work
orders from the USAF in the amount of approximately $7,000,000 for.
an
undisclosed quantity of ground power units to be used as outside
power sources for the latest version of the USAF B-47 six-jet bomber
and other jet aircraft.
*
'

sinking fund

through sale of 3Va%

$11,000,000 was obtained

The $21,275,000 in notes to be retired bear interest at 37/a%

♦Earnings

pine,

Southern

from

Inc.,

letter

a

common

without

Earnings on average number of

$26,520,896/,

..•1,002,000

—■—s.——

profit

The

to prepay existing obligations.

debentures, due 1974, to

Net

the

of

customers

-

,

filed

20

Ended'June

income

Average
.

( Beech Aircraft Corp.—Awarded Power Unit Contract

sold $11,000,000 3 'A
notes, due Dec. 1, 1954 to June
to Guaranty Trust Co., Chase National Bank and Harris Trust

profit

produces

shares

Federal

.

cents

Debt—

company

Provision

-

,5- -

corporation on July 19 filed a-letter of notification with, the/
SEC covering 75,000 shares of preferred stock
(no par) to be offered
at $1 per share and
100,000 shares of common stock (no par) to be
offered at
25 cents per share, without underwriting.
The net pro-;
ceeds are to be used for working capital.

Savings Bank.

Net

many

income.——__L

Net

_

/

Oil Corp.—Refunds Existing

borrowed $22,000,000

company

ance company

—V.

The

wh.ch

on

before

for

Dividends

Rockaway, N. Y.'
—Files With Securities and Exchange Commission—

on

Arkansas Fuel

Another

from

working capital.

Months

Provision

173,297

22,458,533
728,309
197,273

'i

Net

July 12 filed a letter of notification with the
SEC
covering an undetermined number of shares of common stock
to
be puchased
on
the open market and subscribed for under em¬
ployees' stock purchase plan.—V. 179, p. 1717,

&

years

With

for

income

Net

Net

.111,436
$25,250,303

Interest

Public Service Co.—Files With SEC—

company

The

for

supplier-

153.

p.

Arizona

1, 1964,

£5,400,000

corporation from
important

an

Bradley, Associates,

$1 -per

at

used

Six

»

j Beach Harbor Publishing Corp., Far

The

the

been

Budget. Finance Plan (Calif.)—Reports Earnings Up-—

^

J

The

of kraft

tons

were

Brook,»Newfoundland;

295,000

covering

be

$25,138,867 $26,347,599,;

—

(net)

income

Operating costs and expenses
Depreciation of properties

with

Malta

of

L.)

corporation

offered
to

June 27/53.

June 26/54

Total

.

subsidiary, has extended its prospecting
the granting of three licenses by;
to
search
for
oil in Malta
and Gozo.

a

territory

new

has

,

The

Optical Co.—Earnings Up—^
r

55,000

20

this

;

•

mid,

Y.—Files

N.

,,

-

sales

Other

Federal

Malta—

capital of

publishers

Corner

at

(George

for

-

American

.

for heating

used extensively

is

Lomb

&

July

on

predominantly Southern newspaper publishers.—'/. 175,

are,

/I.,

•

,

.

26 Weeks Ended—

Net
.

and as a substitute
electricity in farming communities, and for industrial purposes,
will.be distributed from the storage operation at Bath.r:; 0-'■■■•..■ /The

—

newsprint and

The

Bausch

salt bed deposits near Bath.
Storage capacity is
drilling into the salt beds,
pumping water in and
out, thus obtaining cavities for the storage of the

gas

of

parent

Corporation

Tennessee

new

...

Okla.—Expansion—

Co., Tulsa,

Petroleum

Anchor
This'

the

ordinary share

mill

paper

60,

,,

the

Bowater

print to

Corp.
'
.--/
-.•,/•'*■•■
,•
corporation is a custom molder and fabricator of plastics, man¬
products for industrial, consumer and military customers.
The company works with two basic materials, one known as "Fiberglass," the other known as "high impact" plastic.
/ v
\ /'/''•'■■
The
plant occupied/by the company contains 40,000 square-feet.
35,000 square feet are enclosed manufacturing area/5,000. square feet
are
sheds and storage space.
V'
About
25,000 square
feet of the enclosed manufacturing area is
situated upon lands leased from the City of New York.—V. 180, p. 153.
1

of

£7,200.000.

ufacturing

1851.—V. 179,"p. 2138.

established by the Revenue Act of

rates

of

as

tons

.

stockholders

The

under

1947,

13,

Industries

charges

including. Federal and Canadian income taxes and provision for con¬
tingencies in the amount of $200,000.
Provision for income taxes ha«
been made for the six months ended June 30, 1954 in accordance with
the

to

plant and general offices at 1432,
N. Y. It was incorporated in New
the name Applied Plastics, Inc. By
1949, the name was changed to Bassons ;

York

New

Road,

March

of

amendment,

$1.72

»;

other

Farms
as

130,000

year.

a

increa.e

nonpay¬

its

has

BUSINESS—Company
West

-

•

.

of

Monday, July 26, 1954

.

but not yet

previously declared

thereon

dividends

any

date of redemption.

the

at

York

$2,585,205

$2,882,910

with

together
paid

4,614,652

3,322,671/

.

participating preferred stock is entitled
to a
dividend of 36c per share per annum and after the
A

36c per share per annum on the common stock is entitled
equally with the common stock, share for share, in all further
dividends.
It may be redeemed at any time in any amount,
at the
discretion of the Board
of Directors, upon payment of $6 per share

$7,199,857

$6,205,581

—

of 342,569

and/or their nominees are the holders
stock and 69 shares of preferred stock.-

common

class

of

ment

1953

1954

Federal and Canadian income taxes

3,648 shs.

to share

Corp. (& Subs.)—Income Gains

Anchor Hocking Glass

of

cumulative

*

Six Months Ended June 30—

capacity

.

to approve
a
funding issue proposing a distribution to the shareholders of £1,800,000
cut of capital
reserves
in the form of one new one pound ordinary
share for every three pounds of ordinary stock held.
This would

489,796 shs.

management

Tne

July 20.

Europe

pulp

Outstanding

100,000 shs.
2,000,000 shs.

partic. pfd. stock (par $5t
stock (par 50c each)___

A

Common

with Mr. Stevens as President.

49.

p.

Class

been

had

proposal

initial

FINANCING

PRESENT

TO

The

put forward by Royal Little, Chairman of
largest American Woolen common stockholder,

three-way merger with American Woolen
Textron,

EFFECT

Authorized

Corp., operating the Ames
and
Walsh mills in
Lowell, Mass., on July 20 said the directors of
American Woolen Co. had rejected a proposal by Textron, Inc., for a
Ames Textile

of

President

Stevens,

GIVING

CAPITALIZATION

Inc.—Textrou Proposal Rejected

American Woolen Co.,
Ames

.

:

•

'.

.)

-

:

1

'.i

1/

Volume 180

of

.

.

The Commercial and Financial Chronicle

.

Louis.

St.

,

the, ICQ

S. 'Government and

with the U.

reorganization, who together

(347) * 3

Louisiana: Electric

Central

•

approval of the plan in a suit instituted in the Federal.
This suit is being-contested by the parties to the;

Commission's
Court

Number 5345

Co., Inc.—Redemption—

Colonulo

There have been called for redemption on
operation
of the < sinking fund,
$40,000- of

Aug. 2, next, through :
3%%
first
mortgage •
bonds, series D, dated June 1;. 1952, at 103%. and accrued interest. Payment will be made at the National Bank of Commerce,, trustee, j.

V
•

defendants.

as

*

.

,

'•*,

■

I.

~

]'

V

210

Angeles, Calif.—Files--

California Test Bureau, Los

Baronnc

Street, New Orleans, La.—V. 179,

1370.

p.

'

The

notification with the
SEC covering 1,000 shares of class B
common stock to be orfered
at par ($50 per share), without underwriting.
The proceeds are.'to be
used

company

for
*

July

on

filed

2

letter

a

of

working capital.

'

'■

1

■

»

*

.

'

-

,,

i.

Govt.

& sales

exc.

t

$22,666,037 $19,727,531

of

1

son

—

'

inc.—

$3,064,896

——

6,800,408 ♦'17,095,760-: 14,209,489

8,220,157

371,340

J;

Net

operating

Other

income

-Total

Other

for

for

Prov.

Net

deprec.—

981,000

taxes.

Income

share.

com.

V

181,287

494,139

investment

stocks

in

and

;

Corp.—Stock

Mines

to

the

sale

■

t"

+■;*

155.
-

-

■

-i '

,

Vr*/■'

-

'

'

"

7.,

-

„■

'

" *

6 Months Ended June 30—

Dividends
E.

I.

received

du Pont

General
J'1

I

'

on

*.

'

rsvinio^

1

two

Total

dividends

United

EARNINGS—For

340,000

for estimated income

On

Federal

On

indication

the

of

tax

,

series

due

series

due

stock

—V.

180,

10c)

(par

due

/,

■

plants

Central Foundry
Profit

Depreciation
Interest

12,186

226,400

200,600

-

71,585

+.—

—

expense

..l——

Fed. income taxes (est.)

.

$850,500

$463,668
72,125
"8,750

$516,132

142,839;

'

24,061
,;

358,600

w^ll
will

it

Additional
of
.

;

At

the

the
in

August.

in

all

income

178,

i

——

1

'$182,193

" $205,961

2195.

p.
f)

-

(

,

>.

;

-

$325,000

August.

In

y

- •

framing

and-

be

will

'Period

180,

Transit

Ended June. 30,

of

first

on

Interest

exercise

of

be

may

be

of

on

155.

p.

.

•

•

,

rearrangement:

-

,

bonds

their

1954—3 Mos.—1953

1954—

&

Alex.

From

surplus

transactions

Month

6 Mohths

$6,227,946

989,617

5,996,973'

:

18,085

1

109,706

Ave-.,

—V.

on

Total

—L

revenues

.

179,

The

of service over gross

New

income after Fed.

Oper.

/
1,045.819

forth

tNet

776,140

shares

shares

outstdg._

share

com.

per

3,839^89
2,817,175

2,076,430
$0.27

2,259,642
$0.97

Inc.

were

Aug.

&

of

$621,389

1,

Ipc.

j__i—_

revenue

Gross

income

Net

income

taxes,

etc

—__ _____

Loeb

,

preferred -stock

&

of

Earnings
—V.

179,

1954,

will

be

p.

U.

Co.

Underwriters

-

■

from

350

N. Y.

17,

Dillon, Read &. Co. Inc
Bacon,
Baker,

Central

taxes

S.

inc.

S.

fr.

fr.

inc.

Total

"Less

501,605

stock

then

on

June

next, two outstanding .pre¬
the Crocker First National

below.—V.

180,

p.

1954—3 Mos.—1953

this
30,

sale,
1954,

$3.23

Service Co.—Preferred Stock

outstanding (see

V.

.

with other funds, were used!
shares of 5'A %
preferred
p. 2702).—V. 179, p. 2806.

together
the

179,

Elchler

A, G.

Becker

Blunt

Ellis

50,000

&

bonds

pipe

reserved

liko

for

bonds.

line
for

issuance

the

of

names

principal

to

purchase
the
principal
shares of preferred stock

of

New

Bonds

The

Brothers

Lynch,
&

._$l, 100.000

Pierce,

Beane

Robinson-

Humphrey

♦

F.

Co.

Inc.—

Rothschild

Salomon

200.000
400.01 0

Co.

&

Bros.

&

Smith,

Barney

&

Co.—

1,

Stifel,

Nicolaus

&

Com-

y

Hutzler

1

800,10)

—_

pany, Incorporated—
Stone & Webster

IOOjOOO
200,000

Securities

Corp.______ l, lOO'G )
Co._
800,000
& Co
l 100,0t >
Douglas &' %

Wertheim

White,

&

Weld

Winslow,
McEvoy

of

Preferred

lOO.Ot)
Co

800,-

Co., InG.„
Simmons-

1,000

Blyth & Co., Inc.—
Boettcher and Co._„__

.

1,000
• *

Bro,wn &
W.

Sons—

Clarke,

&
.

1,000

Inc.—
Co

&

7*1

»'
2,11,

Ppters, Writer-&

Chirstensen,
R.

•'

'-;

)

-

inc.

50(

W.

Pressprich & Co.__ l„)
Reynolds
&
Co.—— 2,00(

Riter

700

Dillon

2}tC'

Co

Curtis

500

Courts & Co

Eastman,

Ohio

Paine, Webber, Jackson

700

Alex.

1954—6 Mos.—1953

The

2,800

'

2,8U

—' 4,uq

F.

700

—

.

Morgan Stanley & Co
S.
Moseley & Co

500

Inc.

246.

Sha'

1,500

&

&

$

64,151,458
36,516,425

$

Equitable

$

64,194,400 131,803,813 134,199,730
37,481,673

75,491,405

77,444,739

The

2,800

Co._

&

*

*•',(

-

7

<

Robinson-Humphrey

Co.,

Inc.

26,712,727
24,633,112

56,312,408

56,754,991

25,540,145

1,244,848

48,986,478
3,875,063

48,947,920

,1,188,348

834,767
1,092,774

2,362,747

1,764,796

118,449

264,302

244,883

974,325

2,098,445

4,242,982

Securities

Corp.- 2,000
Co.—iT^
1,500
Corp.—_L 4,000
Glore, Forgan & Co
2,800
Goldman, Sachs & Co
2,800
Granbery, Marache & Co
700

ops.

906,540

subs.—

on

income

1,331,461
143,350

dom.

3,450,867

.

3,564,089

net

income——'

credits

share
for

2,094,651"
„

including

1,519,913

1,809,092

5,549,312

5,084,002

$0.73

$2.20

$2.10

$0.82

sales

of

<

.

foreign

subsidiaries

not

The

company

Harriman

Ripley & Co., Inc. 2,800
Noyes

Hornblower

floors

being

added

to

the

four-story building, which was
only recently completed. The pilot plant is devoted to the exploration
of new processes and product development.
The expansion Is sched¬
uled to be completed Oct. 1, 1954.
In
addition,
a
separate storage building, is being built to meet
the needs of the pilot plant operation.
The work is being carried
out by Joseph Mitchell Inc., Jersey City, N. J.—V. 179, p.
1931.
are

Co

&

Loeb

i

Co

&

Laird

&

Langley &

C.

Lazard,
Lee

Co

Freres

—

Co

1,00'

-

Co.—____

M.

180,

p.

S.

Smithers

R.1

William

&

Staats

Nicolaus

Stone

&

-76,.

&

&

Webster

Corp.

u:

2*,b

Co
Co.—

Co.,

:_

Stroud

&

Co.,

1.5

Inc.

7u

Securities

•

2,'dijK

Inc

Spencer

Trask

Tucker,

Anthony &
Walker

7v

Co.—__

&

Co

r,5tl

l,5li

2,800

G.

1,500

Wertheim

White, Weld & Co
2,801
Winslow, Douglas & McEvoy

Co.—

700

Co.

1,500

■.

&

H.

&

Co

&

l,5u

Co.-

2;0*
,—

i500

Marks

&

Mason-Hagan, Inc.
—V.

2VC6,

2,800

Corp.—.

Lundborg

F.

Dean

Witter

Co.

&

2,0b'

^

155.

The
SEC

corporation

covering

on

July

8

filed

a

i,800 shares of class B

letter

Of

common

notification
stock

without underwriting.
The proceeds
purchase equipment and used for general corporate
per

share,

to

are

be

to

with

offered

be

used




the fluctuations

.

the rate of exchange,

remittance for foreign subscriptions an d advertisements must be n.

d
.

J

'

Columbia

Gas System,

Inc.—Books

Closed—

" *

Co. announced on July 22 the closing of - th»
the offering of $40,000,000 of 3'/2% debentures
series D, due July 1, 1979 (see details in V. 180, p. 57).—V. 180, p.113.
Morgan

Stanley

&

subscription books on

,

account of

iLa

purposes.

FINANCIAL CHRONICLE (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9?70. Herbert D. Setbert, Editor and Publisher;
William Dana Seibert, President. Published twice a week
[every Thursday (general news and. advertising issue) with a statistical i33Ue on Monday]. Other offices: 135 S. La SaLe Street, Chicago 3, Illinois
-{Telephone STate 2- 0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. Copy right 1954; by William E.
na Company. Reentered as second class matter February 25, 1942, at the
post office at Ne# York, N. Y., under the Act of March 3, 1879. Subscriptions in .United States,
U. S. Possessions, Territoi
\nd Members of Pan-American Uni n, $48.00 per year; in Dominion of
Canada, $51.00 per year. Other Countrie
$55.00 per year. On

♦

1,51:

Co._

700

Brothers

Laurance

Co.—

Shuman, Agnew & Co
Smith, Barney & Co.—

Stifel,

2,800
4,000

&

2,800

Co.—

&

&

2,000
1,000

;

Higginson

Shields

2,000

Weeks-

&

Johnston, Lemon & Co
Kidder, Peabody & Co

$25

25%.

Two

&

Schwabacher

Colorado Redaction Corp., Columbus, Ohio—Files—

announced on July 20 that it is Increasing the
size of its research and development pilot plant in Jersey City, N. J„
by

Rothschild

Salomon Brothers & Hutzler 2,1

Boston

First

Irving
con¬

totaled

F.

&

The

Lehman

foreign taxes paid.

sales,

:

L.

Estabrook

THE COMMERCIAL AND

NOTE:

)

Stock

Merrill Lynch, Pierce,
Fenner & Beane

700

Co.„

Bosworth, Sullivan' & Co.,

'

To Enlarge Pilot Plant—

Illinois Public

proceeds from

redeem

at

Preferred—t

$211,976,000 for the first six months of 1954, an
increase of $5,132,000 over the preceding year.- In the second quarter,
world-wide sales were $2,503,000
greater than in 1953,

18301

share), it was announced on July 22.
The

25,

for.

taxes

solidated,

Privately—This company has placed privately,
through Kuhn, Loeb & Co., an issue of 50,000 shares of
4.25%
cumulative preferred stock at par -($100 per
-

per

Aug.

share

on

27,635,033
etc..

income-

on

Earns., per com.

Placed

to

Electric Co.—Calls

1,188,111

3,404.746

,

the

are

L.

9,300

Whipple & Co;_„__
Weeks & Co.___

Hemphill,

2,903,141
900,000

$2.88

one

Co.; of

Insurance
new

Shares

moved

New York

Calif.

sales—

Gross profit
Operating expenses,

27,941.824
4,163,586

1,000,000

outstanding end of period
share on shares outstanding

shares
per

$27

sales—________

World-wide

Common

any

1, 100.01 n
Morgan Stanley & Co.— 1, 500,000
F. S. Moseley & Co
800,000
Reynolds & Co
800.000
/___
Rlter & Co._
J
200.01 )

Co._i___

&

W.

501,605

1_

Balance

at

exchanged (pursuant

is

Fenner

1,500,000
W. C: Langley & Co
1,100,000
Lazard Freres & Co.a—
1,100,000

Kuhn,

4,269,716
3,384,146

——

etc

stock

Merrill

800,000
400,000

$126,351"

$

29,331,759

.

after income

after interest,

on

issues- at

1953

2,882,542

Dividends

redeem

in

"U.

$
Gross

will

San Francisco,

domestic

Net

1954

mortgage
be

Lehman

1,100,000

Kunh,

*."•

"

also Pacific Gas & Electric Co.

Cost

Co.—Earnings-

Central Illinois Light

of

400,000
100,000

Move Offices;—

$

Net

Div.

12 Months Ended June 30—

110,000 shs.
1,714,649.6 Shs.

*"

to July 12/ 1954, 329,251 additional
convertible debentures,
f After
before preferred dividend require¬

and

-J4

names;

400,000

Sons__

Clarke,' Inc.—

$29,813

to. 250 Park Ave.,

N. Y„

1,

Period End. June 30—

and

of

'

1

-

to

agreed

Eastman, Djllon & Co.— 1,100,000
Equitable Securities
Corp.
:j.
1
800,000
The First Boston Corp. 1,500,000
Glore, Forgan & Co.— 1;100,000
Goldman, Sachs: & Co._ 1,100,000
Harriman Ripley & Co.,
*■

John

Issued' for $4,034,000 of 3%

$155,347 in each three months' period
each twelve months' period.—V. 1780, p. 154.

ments

.

1

30,000,000 ;

Prudential

number

400,000

Co.^_

&

,

115,046

Colgate-Palmolive Co.—Quarterly Report—

2,076,430
$0.91

Interest and income reservation;

the

200,000

19,068

receipts.

Corp.—To

effective

1719.

p.

stock

See

3,538,741
2,511,930

the period from July 1

"During

-

965,054
721,700

Income

"Com.

below

severally
and

respective

Johnston, Lemon

-

2,259,642
$0.28

taxes

Earned

'

-

•

7,500,000 {
12,000,000

Dean Witter &

York

pompany

oif

Bank

$5,196,303 $22,398,855 $20,841,926

$5,514,518

-

:

$8,400,000

,

are

The

1,100,000

132,575

first mortgage bonds

Coast Counties Gas &

.,194,979

60,482

15,423

the

common

Inc.—__

$11,305

,

6,417

with

Simmons

21,872

./•

__

total

notes

—

mortgage bbndsi_„1

corporation,

The

ferred

power

The

179, p. 1931.

Fifth

$5,180,874 $22,338,373 $20,646,94;7

$5,508,101
v

customers-

reg.

From

'

mortgage, subject^ to
principal amount of

the

under
.

&

Brown

W.

*

Operating revenues—

under

therein.

Co.,

Boettcher
John

$1,018,929
;

Ellis

Blyth

'

*:

•. ;

:.

Glinchfield Coal

1954—12 Mos.—1953

<

1

Outstanding

options.

have

Becker & Co.

G.

Blunt

■

Co.—Earnings—

debenture bonds———

Excess cost

—V.

Central Hudson Gas & Electric Corp.—Earnings Up—
Period End. June 30—

issued

outstanding

stock

o.f
*'.\f

FINANCING

♦

tl2,00o',000

$300,000,000.

who

new

Bateman,
.

company

income'

500,000 shs

agreement

$10,745

new

PRESENT

§2,500,000 shs.

121,367 shares of

opposite

A.

operations

:

Sinking fund

the cost of

will provide approximately 80%
of
estimated at $3,325,660.—V. 180, p. 50.

proceeds

the

net

t7,500 000

.

.The

equipment,

from

gas

Company i of

1954

and

t$8,400,000

Dillon, Read & Co, Inc._$3,500,000
Bacon, Whipple & Co.—
200,000

•

handle the

•

Equipments—

TO

.__

Underwriters

well as-the physical inventory count.'

as

Operating expenses

Co.

&

30,

Authorized

series of unsecured

exchange

amount
set

Revenue

will receive bids up to noon

Morgan

P.

April

$100)

UNDERWRITERS—Set

„

retained to

building

car

dates.—V.

Cincinnati

(EDT) on Aug. 3 at the
Incorporated, 23 Wall St., New York,
N. Y. foY the purchase from it of $2,655,000 equipment trust certificates,
series Z„ to be dated Aug. 1, 1954 and to mature annually on Aug. 1
from 1955 to 1969, inclusive.
i
1
company

of J.

$1^,- -*

-

contained

may

underwriters

other-

of

Pipeline

$21,726,712.

EFFECT

Hornblower & Weeks—,

Central of Georgia Ry.—Bids for
The

office'

an

upon

.

»; $277,849

♦

.

which

§A total

the

.

.

* con-

1954

distribution £ in

mortgage

will,

"

Net

ended

of

$5).

bonds

restrictions

to

Gas

Ameiica)!, simultaneously with the issuance of the
principal amounts -and maturities of first

will be resu^Prt in*
of the plants In September,
with production schedules building c
through October and November • in* preparation for the late fall

up

(par

tThe three

as well as its duration;
Plymouth plant in Detroit

second, week

equipment within the plants
Body

*

Natural

for

deliveries

^___.

stk.

time, Is limited to

Inventory—

inventory period,

commence
begin later

employees

Introduction

15,90$
307,300

/

"

together with

30,000,000

(par

series

bonds

and. sab-assemblies.r

$740,77?
130,720

>

.

of

Interest
—"V.

the

1954—6 Mos.—1953

1954—3 Mos.—1953

operations.

from

18,900,000

,

stepped-up, production of new models for late
corporation
will
utilize
the
annual
plant-

plant.

stock

"Additional

the halt In
current
car
building operations will affect a *
approximately 38% of the corporation's 107,000 employees at
various times, work will cpntinuje in. a number of plants on certain
machine, maintenance, foundry, and forging operations and on parts'

v-

(& Subs.)—Earnings Up—

Co.

Period End. June 30—

5%

this

to

series

pfd.

Common

While

total

'

^

for

plant

from

inventory

J

'

~

'

154.

p.

,

Scheduled start of the
vary

to

1974

' 525,000

525,000
22,200,000

^

,

introduction,

■

;, •/

securities;

Company.

1969—

3.35%

Inventory period beginning in August for rearrangement of machines
Taqd conveyors and installation of new dies, jigs, and fixtures in'
its principal body building, and car assembly plants.

r

FINANCING

these

company's

subsidiaries

1969—

3%%

.

155.

p.

preparation

.fall

-

Outstandings.
1,230,000 shs.

Authorized
"3,000,000 shs.

s

Common

PRESENT

TO

EFFECT

GIVING

CAPITALIZATION

minerals.

of

■

GIVING

3'/#%

$22r834,807 $16,421,483
'V

—

stock

common

In

Cavendish of Canada *

radioactive

of

——

Chrysler Corp.—To Take

of

presence

the

Principal

months

12

"First mtge. pipe line bonds:
2%% series due 1964
:

,

.

commercial

definite

sale

i

CAPITALIZATION

20,600

tax—18,423

distribution:

180,

its

revenues

$3,250,999.

$24,785,230 $21,117,265
57,782"1,932,000
1,638,000

______

income

25,200

<

preferred stock

—V.

royalties against these claims.
v.."
property is in the exploratory stage with- no known- bodies
ore
but, the exploratory work done to date provides

The

income

Net

overriding
of

for

$24,760,030 $21',096,665

Savings. notes

____

other

Dividends

and

Wyoming.

the

operating
-

:

________________

Treasury

Total

organized

was

others,

among ■

purpose,

the

,

States

than

340,000
18,025

-

•

»

Provision

in May 1954 primarily for
acquiring, exploring and developing
certain
liranium properties.
The company's subsidiary, Cavendish
Uranium & Mining Co. Ltd. owns a
100% undivided interest in 19
unpatented mining claims (950 acres) located in Cavendish Town¬
ship, Peterborough County, Province of Ontario, Canada. There are no
BUSINESS—Corporation

the

be. used

the company s field system are
America and
to Amarillo Oil

1953

21,630

received

southern

and

$24,398,400 $20,738,640"
1__!

Expenses

Offered—

and the balance will be used for working capital.

subsidiary)

will

Colorado

j

Colorado

stocks:

Corp.
Trust Co.
V'1

on

common

1954

4^ Nemours & Co

•

Int.

{

»

Motors

^

<

(a

after

S subfeS
shares out-

of

e sinkinS fund redemption price of

a

'

-

share

per

Public'

'

Christiana Securities Co.—Eainings—

work being carr.ied out by the company, to pay the
installments" on purchase of 19 unpatented mining- claims,

organization expenses, accounts payable owed by

$100

number

a 2,159-mile natural gas''
major portion of the company's gas require-''
ar.e obtained from company-owned reserves, estimated to .be 2.75 trillion cubic feet of
gas,
in Texas.
The company's principal
deliveries of gas from its
transmission system are made to

follows closely the opening of the nearby Atlantic'
which involved the building of 35 miles of new railroad.— *

one

■'

t

■

exploratory

first

to

preleS

°'

«)^U|'^rE:S?TCom^"y ow"s and operates
"he system.
The

these 6hares will be applied

of

1959

t

pipe

The Adair project

Cut-olf,

V. 180, p.

Offering of 230,000 shares of common stock (par lOtf)
Was made on July 20 by James Anthony Securities Corp.-*
New York. The stock was priced at $1 per share.
->
<from

at prices ranging downward^ from

30,

1959,' the

l,

800U000°n Pr°gram' whlch has been budgeted at approximately

Cum.

Uranium

June

July

,

Inc.-4—Files—

Carpenter-Morrison Uranium & Oil Co.,

After

qfher_ corporate funds,

..

$1.08

-

through

SO,, 1974.

proceeds,

.

>

of the relocation of the mainline at-Adair,
Iowa, and included constructionr of 6.63 miles of trackage, a saving of
.87 miles.
The new right-of-way greatly cuts down curves and
grades.;
Tbe cost; was, $1,252,600. ......
.T

The company on July 8 filed a letter of notification with the SEC
covering 250,OuO shares of common stock to be ouered at p<u f 0
per share),
without underwriting.
The proceeds are to be used to
pay
exenses
incident to mining operations.
i
.
.
The company's ofi.ee is located in bait Lake City, Utah.

PROCCED3—Proceeds

financing represents the first

part to repay $29,000,000 of
bank loans which were
incurred primarily ' to finance
the company's
construction
program
of the past, two
years,
The balance of the

Theproject consisted

$2,501,879)

$1,147,445
$2,658^802
.
$0.49, $1.05

July 15 announced the completion pf another major
Vfestern ToVa: C

line change in

Wilmington

Cavendish

This

P^ferrcd sthck- is fedecmable

per * share"

ctamun^frua f
share*:

The. company on

$7;643,360- $7,407,359
905,073
♦
824,503
1,548,485 ' -1,385,977
2,531,000 • '2,69$,00Q

1954

30,

for

purposes,

Chicago, Rock I$lan& & Faclfic RR-—Improvements—.

••

reflects, the sale of $15,000,000 i
4%% debentures early this year. Working, 'capital is increased by
$7,755,000 to $18,973,521;
investment in other companies (not in-r eluded in eurrent assets) by $7,017,000 to $18,985,634 and net fixed
fcssets by $3,883,000 to $43,147,406.
Bank loans are $6,804,000 lower
at
$1^157,933.
The ratio of current assets to current liabilities is
2.7 to one.
Funded debt of $36,526,500 compares with $26,398,500.
Earned surplus stands at $25,151,037.—V. 179, p. 1718.
balance sheet at April

The

construction

Oversub~

investnient

an

is&t £ ?2"s^xo,n„Bprs
,une'30'i97s-The
wvu.

The

Co.

-

headed

minRPCS^rThe a?!1 Pr0ceeds fr°m
will be Used in

-

\ 932,000

-

$1,154,180i $0.'46

profits

Earns.: per

696,535

763,961

>

&

$7,149,221 ^ $7,226,072

$3,436,236
$3,191,059
'
537,095 " " ' 415,079

—

deductiones

Provision

,

$3,084,354
, 106,705

Loewi

and

Securities

—

public financing of the company.

subsidiaries, r"
and for other corporate purposes.
Construction expenditures of the t
company, 'and of: the company - and its subsidiaries consolidated, -for (
$lOO per'
1954 are estimated at $1.900.000 and $4,900,000, respectively.. "
Y

22,780,226

24,172,477

Curtis

<5?

for

"

.?

oversubscribed.

were

underwriting terms are to be-.-supplied by amendment.
.1 j
.
,J;-e
The company expects to use the proceeds thereof for construction
$104
expenditures, for the making of temporary advances to subsidiaries'

$48,417,458 $44,215,787

9,842,769

IT,380,984

goods soldi_
Sell., delivery, admin. &
general expenses

:

.

company

thereof thrpugh an underwriting group headed by Paine, Webber, Jack¬

1954—3 Mos.—1953

Balance
Cost

•;

♦

1954—6 Mos.—1953
$33,720,701 $30,080,074 $70,570,690 $64,612,175
taxes
11,054,664
10,352,543
22,153,232
20,396,386

i.

;

The

filed a. registration statement with the SEC on July
19, 1954, covering $1,500,000 of convertible subordinated debentures, t
due Maf 1, 1969, to be oiiered for .public-saje at-the principal amount .

\

' v* 1

Canadian Breweries Ltd.—Profits Higher—
sales

Neb.:—Registers With

Securities and Exchange- Commission—

Go.

.

1'

Period End. Apr. 30—
Net

Central Telephone Co., Lincoln,

•

Gas

banking group which offered on July 21 for public sale
$30,000,0(30 of 3.35% first mortgage pipe line bonds, due
July ,1,.. 1974,-at 100%. and accrued interest, and
110,0p0
shares of 5% series, cumulative
preferred stock at par
($10(V per share) and accrued dividends. Both
issues

.

have been named

Interstate

scribed—-Dillon, Read & Co. Inc.

In New York funds.

4

The Commercial and Financial Chronicle

(348)

be

made

the

at

York,

New

Bank

Chemical
57.

the

of

office

180,

Y.—v.

N.

P.

Trust

&

Co.,

the

incorporated

company,

primarily

is

1906,

in

State

trustee,

1,150

company
filed
15,' 1954, covering
units.—V. 179, p. 1931.; ,

SEC

Plan

B

a

July

on

statement
units and

registration
2,500 Plan A

investment

Boston

the

Authorized

-

First

V

Series

27/8%,

due April

1,

Months Ended

Net

——i-i

sales

Profit
Net

before

profit

No.

taxes

3%%,

1983—

Z

3%.

3'/4%

1,004,582

Earnings per share—$0.34

Y

Pfd.

$0.30

due

due

debs.,

conv.

stock,

15,
June 1,

July

due

($100

cum.

40,000,000

1967—

18,

;

179,

■Liquidate—
310,

■■■"'■;■

■

■

that

inasmuch

it

as

substantial amount

a

undistributed

of

part

a

determined

be
on

hand

at

is

least

until

50%

with

the

of

tax

the

distribution

total

it is likely that it will

authorities,

and

it

Cement Corp.—Earnings

Allison-Williams

Co.

before

Profit

Federal

Federal

income

Bache

1,250,000

♦Based

1954

234,920

on

of

shares

Byrd Brothers

(under reclassification effective June

R.

taxes

shown

adjusted

for

to

six

the

provided for the

179,

such

of

have

taxes

L.

&

First

i

July

on

16,000

Foster

been

150,000

F.

150,000

Stern

&

Period End. June 30—
'

V

$

Hanauer

B.

Heller,

Oper.

income

Gross

Income

Net
Shs.

income

outstg.
per

179,

600,000

Co.

Kaiser

200,000

67,033,025
18,361,269

30,966,412

48,671,756

$15,379,444
truck

13,581,863

13,670,711

$1.93

$2.86

Co.

of

America

179,

volume

service

dividends,

that

the

Mr.

outlook
James

of

ume

the

is

the

of

one

world's

from

that

ahead

that

the

-

'
,

1953

firm's

made

it

issue

sell

and

for

headquartered
in
•—

total

1953

for

pay

income

(jointly),
Alex

Brown

The

Si

bonds

prices

at

will

be

3/s%
will

ance

posed
of

its

and

103.65%

to

ranging from
the

net

refunding

be

available

construction

It

and

equipment

the

exoendfture

the
is

and
of

and

First

—V.

Ripley

net

$5,372,425

^

profit

paid

172,

4

par

proceeds'

mortgage

for

and

100.66%

general

by
to

Edison

Employee Stock Purchase

Co.

registration

statement

redeem

sinking

operation

of

Edison

INCOME

from

the

fund

corporate

the

—

30

$5,379,335
1,924,627
1,969,356
693,000

$5,364,382
1,924,619
1,957,408
1,083,000

bonds

purposes,

notification

of

Commission—

184,454,226
157,213,355

17,826,162

15,617,096

108,949

170,608

17,935,111

15,787,704

31,416,617 : 27,930,570

4,135,389

10,557,97* b,7,962,097

11,652,325

20,858,639

7,753,653

17.079,353

.3,401,620

3,898,662

3,779,286

•

bal¬

and

filed

was

the SEC

with

company
estimated

the

to
that

the

replacement of

approximately

proximately $6,000,000

make

was

substantial
construction

existing

$''0,000,000

expansions
of

facilities

in

1954

expended through March 31




Paint

on

July

of

new

may

gas

of

plant
require

which

ap¬

5,287,949

v

x.

'ri'.

''

i

shrs."

the

$1.10

'

; •

$1.94

-\'$1.89

$1.13

51.11

$1.95

$1.96

—

$1.12

pr.

155.

Scott

Paper

Co.

below.—V.

& Almy

169,

1516.

p.

Chemical Co.—Secondary

.

.r

.

'

,

(&

.'

;

.

Mos.—1953
1954—6 Mos.—1953
$9,087,097
$9,413,784 $15,968,126 $16,888,390

Sales

—v.

—————

180,

••'•••

252.

p.

\

Total

Costs

luxury

•;

' " •-

■

1954

-

Selling

and

sold

_•

administrative

3,350,235

Knife

distributor
this

model

The

1

the

most

is

MBS

first

the

on

discounts

dealer

and

the

Corp

popular

Electric

for

market

Knife

several

years

gifts

appliance

and

electric

second

Fresh'nd-Aire

line

automatic

of

selling

/1

;

original

cost

of

properties,

equipment allocated to

expense

of current

the

newest

taxes

fan

on

facilities.

emergency

§ After

line

heater,

new

on

Sharpener, Model DKS-2, has
and has proven to be one of

the

market.

..

.

.

43.- -

;

$1.27

recorded

income

for

the

includes
to

the
retail

popular
as

an

-

:

due 1978 are now
temporary debentures
30 Br°»d
New

outstanding

avail¬
at

the

with

the

Stre«t

trUSt"'

Doeskin Products, Inc., N. Y.—Files
With SEC
The

corporation

on

SEC
to

covering 25,000
employees under

used

for

expansion

Dow Chemical

on

repriced

:

-

sinking fund debentures

exchange

Fresh'nd-Aire

important

.

July

16

shares
a

of

stock

and

filed

part

.

1

working

.

of

stoGk

plan.

notification

(par
The

capital.—V.

169,

$1)

to

be

proceeds
p.

offered

to

are

1989

*

"

•

be

.
'

h

Co.—Expands Activities Abroad-

Continuing to expand its activities abroad, this
company on Julv 12
an agreement with
Pyrina. S. A., of Mexico, for the
manufacture of
announced

pharmaceutical products for the
Mexican market
the company announced the
establishment of a
City by its subsidiary, Dow
Chemical
which will service not only the
Mexican markpt

Simultaneously
sales

office

American
also

the

Dr.

in

Ltd.,

entire

Leland

facilities

Mexico

for

Doan,

and

Central

Dow

American

Fresident said
manufacture
of
aspirin,

Pyrina,

new

InterT

Caribbean
I.

the

pharmaceuticals.
.

letter

a

common

purchase

•i

des:gn
,

>

non-recurrinr

restating Federal

Definitive Debentures Ready—

<

.

never before offered in one single' line of
New models will retail for $18.95, $24.95 and $49.95.—V. 177,

heaters.

$1.26

depreciation

1953S iasa$3U357a9V22rT ^ f0r 1953' <°riein£lI Pulsion to June 30,

full

margin
profits
prevailing,
knife sharpener in the Cory

line

and

'

certain

of

for only $14.95 retail.
In additoin there are three
Freshhid-Aire automatic heaters said to incorporate features of

the

performance
p.

forced

$3,140,566

'

'Restated fc° reflect the average amount of
charges in 1953.
^Restated to reflect additional

basic

Fresh'nd-Aire

new

Heaterette

new

division,

§2^771,043

$3,,115.753

income

Earnings per cpmmon share (on 2.264,923 shs.)

year-end

$2 952 662

3,242^927

its
Jewel

member

July 12 announced a complete new
thermostatiscally controlled heaters for this fall
a

3,442,474

^

income

/3621514

•

plants

(depreciation)

^Definitive 3%%
for

season.

The

of

Co.,

3,094 884

405,027
of

Provision for Federal

.

234,253

33,569,174 »31,352,142

expenses

Interest

Net

1953

66,400

$47,125,590 $43,673,811

products

C°"

introduce

soon

.

•

„

"Crown Jewel"- gifts,
the New Cory Crown
Sharpener.
Scheduled to retail
at $19.95 with

of

line

Electric

been

will

-

$47,059,190 $43,439,558

Cory Corp.—New Product—
corporation

"

'

-

income

of

able

The

Offering—

Subs.)—Earnings—
.

covering

1

Co.—Sales Off—

Varnish

&

Period End. May 31—* 1954—3

number
and

19^978,473
14,690,524

.

B Kfonths Ended June 30—

of

shares

Cook

series
pro¬

27,240,871
451,040 * ^ 689,699

'

out-

aver.

approxithe

and

30,965,577

,

'

at

including

Continuing growth in the
increasing demands for electric

1954—12 Mos.—1953

Interes, divs., management fees, etc

Separation, Inc., Reno, Nev.—Files

and Exchange

New Line of Automatic Heaters Introduced—

sale,

outstanding

SEC

STATEMENT

Snlcs of Droducts—

10,950

non-voting capital stck to be offered at 20 cents
per share for the accounts of Maurice Constant and Harry C. Hewell.
There will be ho underwriting.
200,000

179,

sink¬

the

the

participations in the plan
capital stock. $20 par, which

193,318,371

of pr.

end

p.

■

.

Securities

letter

A

vol¬
cor¬

company

with

of

98,458,743

.

$5,353,432

6,910

par.

received

to

the

HfCr

•:,

"5i;?' 1 1

cap.

sbrs.

on

Portion

Constant Minerals
With

Corp..
Inc.. and

Co.,

net

mining

8,589,330

„

1130.

p.

line.

&

to

82,841,647 162,352,794

Diamond Alkali Co.

5,621,111

*

securities—.

investment

of

.

Boston

expenditures.

served,

require

xaci ities.

Co.

Harriman

«!9?0'000 is to be used
first

customers

cervices

3s,

&

(jointly), 102.39799 for SVaS.
redeei'uaDle at the option of

from

prices

PROCEEDS—Of
Y

for

Sons

ranging

fund

ing

100.10999

Weld

The

11,990,950

2,476,198

.

5,746,787

taxes

Sinking fund requirements for six months
Expend, on capital improvements to June

Co. Inc., on July 21 offered
$40,000,000 of 3% first re¬
funding mortgage sinking fund bonds, series Z, due
July 15, 1989, at 100.65% and accrued interest, to
yield
2.97%. The dealer's subscription books were closed on
July 22. The group was awarded the issue at competitive
sale July 19 on a bid of
100.129999%.
White.

incident

SEC

(five

par

secondary offering of 11,500 shares of common stock
(par $1) was made on July 13 by Paine, Webber, Jack¬
son & Curtis at $31.50
per share, with a dealer's discount
of $1 per sh.
It was quickly completed.—V. 178, p. 2471.

191,870

depletion—, .2,505,000.

—

sale

from

Balance

Halsey, Stuart &

from

at

Colo.,

A

at

came

with: the

offered

expenses

-

bids

be

Denver,

5,944,161

share:

on

Dewey

111,156

112,563

for

Dividends

Consolidated Gas, Electric Light & Power Co. of Bait.
—Bonds Offered^—A group headed by

Other

domestic

99,719,281

inc.-'

working

180,

See

$13,736,776 $13,642,611

—

-

—

depreciation and

first

dollar

posi¬

81,893,119

income

out'd. duri'g

outstanding
p. 155.

139,633

for

Balance

comment

largest
Oregon.—V.

Delta-C&S

notification
to

Aiken,

$5,000,000

r

per

Based

—V.

$13,597,143 $13,531,455

—

—

interest

Profit

for

the

'

and construction
Based

and

investments

year. *

freight

in

competitive
proeraip,

utility

dividends

indicated

that

of

1954—6 Mos.—1953

income

and

no

to

of

stock

Carl

Detroit

—___4_

operations

He made

year.

the

of

utility oper!

$1.06.

to

business

last

of

motor

standpoint

cents

74
June

of

$45,000,000

2139.

p.

from

Delta's

operation

letter

a

H.

covering

corporate

Earnings

(& Subs.)—Earnings—

admin,

deducting

after

opers.

Provision

approximately 5%.
Revenues from
were
given as $2,763,635 in

firm's

that

filed

used

shares

stand. at

1954

Provision

with

compared

as

be

to

1954,

from

Bal.

r",,

$25,000,000 of debentures due 1978.
Proceeds
debentures, along with other cash resources of

expense

from

Total

$14,596,483

were

hour luxury airliners

per

modernization

of common

through

income

Casb

largest

business,

remainder

remarked

approximately

poration

the

remain

for

Other

Net

V

to

shares

200,000

on June 30,
1954
share on the 1,019,863
on
Dec. 31, 1953 and

authorization

out

expenses-

Inc. from

Inc.

be
used
to
redeem Consolidated's
37/b% debentures due 1978.^-V. 180,

will
issue of

from

general
Income

operations

increased

added

half earnings should
on

the

of

company,

Profit

2247.

p.

of

in 1954
decline of

a

-

•150,000

6 Months Ended June 30—

provision

James

to $30.73
298. r :

improve

Detroit Sulphite Pulp & Paper Co.—To Be
Acquired—

Freightways, Inc.—Net Earnings Incr.—

and

&

p.

SEC

received

bidding

sale

$25,000,000

against
$3,095,891
last
year.
Net
earnings
after
provision
for income taxes increased, however, from $284,186 last
year to $396,091
in
1954.
Earnings per share of common stock, after
Mr.

178,

Consolidated Paper Corp. Ltd.

1953,

Wright

value

per

365-mile

aircraft

July 7

on

from

revs,

Utility

100,000

$2.97

.1954

preferred

$37.55

compared

as

has

Company
the

the

13,581,863

$1.85

revenues

In

assembly

to

in

in

Oil Co., Denver, Colo.—Files With
Exchange Commission—

share)

operations

1,250,000

.%

Co._

Inc.

estimated

or

equal

1953.—V.

30,

competitive

from

net earnings in the first
.five
of 1954 have improved over the same period last year,
<Leland James, President, told stockholders on July 12.
In
an
unaudited
report on the five-month period,
he said that

^transportation

market

$38,291,396,

June

on

The
•at

49,856,424

13,670.711

in

Gross

250,000"

^Investment Trust—Assets Higher—

assets'lat

to

by .^the

be purchased under the plan.

Consolidated Natural Gas Co.—Fmanciftg^Approved—

16,852,026

30—

decline

150,000

Inc

Yantls & Co.

pointed

Period End. June 30—

,v

66,708,450

8,512,748

organizations.—V.

a
months

S.

$30,000,000

and

19,

Gross

outstanding,

shares

$29.29

167,934

97,391

39.479,160

sh

Geophysical

Despite

F.

made

potential."

152,000

246.

net

amounted

Bond

.

Co
p.

these

further

earning

&
.

&

of

will

our

company and The Detroit
of Aug.
10, 1954, filed a

Dwluc.

2703.

Consolidated
,

&

Consolidated

Henry Salvatori, petroleum industry leader and President of Western
Geophysical Co. of America, has been elected a director.
Western

600.000

180,

Co.

L.

an

CONSOLIDATED

Co

White

Co.———

Illinois

—V.

Consolidated Engineering Corp.—New Director—

oil-seeking

N.

been

passengers,
a
7.74%
increase
increase of approximately 20%

Northern

are

'

149,907

30,059,614

June
com.

p.

C.

1,000,000

has
>

in

may

66,935,634. 66,540,516

39,329,253

9,716,763

—

Weeden &

-

<.,

Arthur

Total

39,776,377

■

deductions

Earns,
—V.

39,712,798
,, 63,579,

___

750,000

Co.—

&

Co—

Co

Johnston, Lemon & Co.

207,926,367 198,450,813 397,016,413 381,481,859

taxes

&

exp.

500,000

Bruce
&

payments

and

more

each

6,000,000

July

250,000

>1—
&

fiscal year ended June 30, 1954—gains from equip¬
on
international routes.

June—included

these

gain

and

1,000,000

Cartwright

Co.

common

payments

This

Co.,

—

Thomas

for

Detroit Edison Co.—Registers With SEC—

on

-

Sweney

s

Company,

Inc.

&

W

.

.

with

of six

company

per

Plan

200,000

Inc.

100,000

.

600,000 shares of

»

600,000

750,000

&

The

247,639,165 237,780,066 463,946,947 448,002,375

Operating income
Norr-oper. inc.

Co—

&

re¬

Chicago

"
on

100,000
1,000,000

Si

and

activities.

500,000

&

Delta

subsidy payments by the Post Office Department reosaving to the government of $539,000.—V. 177, p. 2733.

a

proceeds

Meyer &

Nicolaus

of

merger

&

Co._

Stroud

the

without

The

300,000

Co,

Co._

Stifel,

500,000

1,000,000

■

13.

the

covering

1,250,000

______

&

Co

&

Hirsch

'

$

250,000

1
—__

'

♦ *.'*•
July

on.

said:

Woolman

cents

&

100,000

H.. Hentz

(& Subs.)

$

.

1,250,000

—

Co._.

&

1954—12 Mos.—1953

$

Co.

Fox

Inc—

Son,

Ira1 Haupt

.

1954—6 Mos.—1953

Operating revenues

Co

&

airline

Denver

400,000

Brothers

400,000

Inc.—_

Co.,

&

Gregory

Commission—

Consolidated Edison Co. of New York, Inc.

Inc._

Stringfellow—

Frank,

Manager,

,

increase

lesented

Smithers

S.

pj 2740.

etc.—

routes

Co.,

Hammill

primarily

anbi-lcaking,

carried

Securities

&

_

Stern,

B.

Marshall

Si

Freeman

actually

Co.

Corp.—

Iowa

Nolan-W.

Hibbs

14

of

shares

&

Shearson,

1,250,000

150,000

of

Folger,

filed a letter of notification with the SEC^
non-voting common stock
(no par)
and.
4,200 shares of voting, common stock (ho par)
to be offered at $1
per
share, without underwriting.
The proceeds are to be
used to
obtain
building sites, pay for construction, etc.
company

150,000

Bodine

Co.—
Steele & Co.—

Fauset,

Consolidated Development Co., Grand Junction, Colo.

The

Scott

as

150,000

600,000

Inc.

Schwabacher

Morris &

Harrison

covering

Pomeroy,

750,000

and

$1,28.4,000 for the company's first

mail

of

miles,

$1,750,000

Mr.

Si

AL-1

introduced ' with

was.

150,000

750,000
250,000

&

——

Rothschild

F.

and

-

effected
past year included the purchase of 20
Supe^pConvair
340's,
a
44-passenger pressurized cabin airplane
which
cruises
at
270 miles per hour.
Delta-C&S has replaced the older, 25-passenger
DC-3 with Convairs on many of its routes.
"

Robinson-

Co.,

162
244

coatings

merger.'

miles.

this year

The

—

&

the

compared

and

during

Schoellkopf, Hutton &

Townsend,

Si

seat

Woolman

tion

■

J.

•—Files With Securities and Exchange

L.

& Co

Day

Pollock

E.

subsidy

7.62%

a

its

.■;*

General

of

W.

paint,

<•,

no

since

100,000

Humphrey

600,000

.

200,000

Crouter

1719.

p.

in

Co.,

&

and

taxes

of

of

of
applications
products for
the

308,
Syloid

paper

j

passenger

30,

Mr.

250,000

—

'Inc.

The

200,000

Dick & Merle-Smith—

$272,800
$1.16

1953,

30,

June

part

proportionate

1953.—V.

year

ended

months

the

reflect

Wm.

'• "100,000
200,000

Union Securities

DeHaven

outstanding June 30,
1954).
tFederal income

25,

Co

Inc.

350,000

—

C. F. Cassell & Co., Inc
City Securities Corp—
Clayton Securities Corp.

Pizzini

W.

B.

500,000

—_

division

company, a

1,732,313
passengers
during
the
year
ended
1,609,622 for the previous year.
"During the past year the company has placed
service four 69-passenger DC-7's on its
major routes, and delivery

June

Peter,

stock

common

revenue

later

Co.

Copeland
Kendall, Inc.
Waiter &
Christensen, Inc.

purchase machinery and

Inc.—Earnings,

following

determination

available

costing

—_

Patterson,

&

but

reported

200,000

Co.

Northwest-

500,000
750,000
1,250,000

&

Inc.

508,800

&

Corp.
Pacific

Kraus—

Blair, Rollins & Co. Inc.

J236,000

$354,400
$1.51

share

common

sales

250,000
!

the

due

withoiit

range

Syloids
in

preliminary estimates

final

He

Hanseatic

York

New

Eurns. Eros. Si Denton,

1953

Wells

this

the

Woolman said earnings for the

ment

100,000

Co._;—

Coe__

&

Mullaney,

600,000

Ball,' Burge

$2,578,200

Co

Masten & Co

Baxter, Williams Si Co.
Bear, Sterns & Co._—_

Elkins,
Net profit
♦Earnings per

" 150,000
150,000

Co.

319,000

——:

Machall
A. E.

Co

&

John

72

Then

use.

after

operations

on

No

$200,000
600,000

Inc.—

Co.,

Kormendi

150,000

150,000

__

&,

Aspden, Robinson & Co.

be

673,400

taxes

income

taxes

Co.

Strudwick

Lestrange

—

Courts

1954

$2,881,100

sales

&

Arthurs,

income

Delta-C&S
&

with

bonds

interest,

bodying agent for various materials.—V. 179,

government

Taylor Si

Kean,

to

pigment
Industries.

applications

outstanding,

Mr.

v-'.'Vy..

Kalman

Co.

&

lacquer
of

net

a

based

below:

———$11,000,090

Anderson

Higher—

6 Months Ended June 30—

Net

"

Stuart

Inc.

Dallas

Consolidated

upon

:

forth

Halsey,

higher.

be

may

for'/issuance

reserved

set

are

income

and

area

of

stock

5,410,771 shs.

shares of unissued common stock
conversion
of "3V4%' convertible

purchasers named below have severally agreed
purchase from the company all of the new bonds.
Th'e respective
principal
amounts of new bonds agreed to be purchased by each

the

to

358,710

1954,

68,928 shs.

*9,600,000 shs.

value)——>—

par

31,

notification

debenture

accrued

silica

on
May 1, 1953.
Reported earnings equal $2.14 per share,

PURCHASERS—The

income

the company's undistributed

of

amount

the

settled

distributed

is

what

of

68,928 shs.
(no

March

used

Southern

222,921 shs/

222,921 shs.

to

shareholders will be
treated as a dividend for Canadian tax purposes and that while the
exact proportion of what is distributed that will be so treated cannot
hand

on

4%

—

stock

debentures;

a

has

C

at

were'

resolution to be submitted to the meeting
providing for the distribution of the assets of the company ratably
among the shareholders and for the directors of the company, at such
time
following such division as they consider desirable, taking all
necessary proceedings for the surrender of the company's charter and
making
application
to the Secretary of State of Canada for
the
"acceptance of such surrender.
It was announced on July 14 that the directors expected that within
the next week or so the disposition of the operating assets of the com¬
pany will be completed.
/'•%•
•,
The directors contemplate that if the abovementioned resolution is
passed an interim distribution to the shareholders can promptly be
made and that this distribution may be at the rate of approximately
$28 per share. They also contemplate that a final distribution will be
made at a later stage, the exact amount of which cannot presently
be estimated with accuracy. The company has been advised by counsel
considering

of

purposes

4%%—,——-——

♦As

special general meeting of the shareholders will be, held at Room
197 Bay St.; Toronto, Ont.;' Canada, on July 29, 1954 for the

A

5%

B

Common

Conger Lehigh Fuels Ltd., Toronto, Canada—Plans to

;

ported,

208,151 shs.

A

Series

Syloid
extends

functional

paper and other
first
brought
out

paint

year

Series

1263.

p.

be

and

Co.—Extends Syloid Uses—
of

further

c: -E. - Woolman, -President

♦7,174,200

;

.

value):

par

Series

—V.

„•

to

of

coupon

100%

are

-Delta-C&S Air Lines,

>

1989—

15,

Dec.

letter

a

10-year

at

ink,

flatting and

24,777,000

Series

305,000

993,727

---

——

—

———-

336,000

—

--

—

shares

of

;

——

1980—

Co.

11,306,000

2%%, due Jan.

Series

$11,533,000 $11,273,000
—586,000 |
570,000

—

2%%, due Dec. 21, 1984—
2%%, due June 15, 1980—

X

filed

13

6%

of

offered

introduction

Syloid

broad

a

19,123,000

W

Series

1953

1954

30—

June

for

40,901,000

Series

Nast Publications Inc.—Earnings Higher—

Conde
Six

of

plastic,

$10,893,000

1981—

be

The proceeds

&

Davison

2%%, due Jan. 1, 1976—

U

the

Grace

series

Outstanding

,

to

Davison Chemical

refunding mtge. s. f. bonds:

Series T
•Series

1364

With

FINANCING

PRESENT

EFFECT TO

GIVING

CAPITALIZATION

Monday, July 26, 1954

.

equipment.

R.

.

This

the
year
1953
operating revenues
net income amounted to $10,636,735.

July

on

$200,000

underwriting.

$98,-

totaled

EARNINGS—For

184,633 and

31,

.

Furniture, Inc., New Bethlehem, Pa.—Files

corporation

covering

July

electricity and gas in the City of Baltimore and
The area served with electricity contains approxi¬
mately 2,283 square miles and has an estimated population of about
1,550,000; the area served with gas contains approximately 275 square
miles and has an estimated population of about 1,300,000.

adjacent territory.

Mass.—Registers With
Securities and Exchange Commission—
with

The

SEC

furnishes

.company

Boston,

Fund,

Commonwealth

Crawford

en¬

the production and distribution of electricity and gas within
of Maryland where all of its properties are located.
The

In

gaged

1954, all of
1973.
Pay¬
the redemp¬
amount, will

23,
its
outstanding
due
ment
at the principal amount with accrued interest to
tion 'date,
plus a premium of
1%% of the principal
has called for redemption on Aug.
3Vz%
junior subordinated notes,

company

BUSINESS—The

3Notes—

Credit Co.—Calls

Commercial
The

.

S. A.

was

salicylic

inwrporated

hji*

fc

areas

Pvrlna

will

it-

acid

£ 194?

°

Volume 180

The

Chemical Co.

Dow

est in

Number 5345

Pyrina,

The Commercial and Financial Chronicle

...

announced

also

the

purchase of

half inter¬

a

repayment of advances from Erie Forge & Steel Corp. which
total

A. of Mexico.

s>.

(349)

presently

New

The

development of a new light
plastic of particular signiiicance to
nounced by th.s company.

stable
the

formulation

lighting

polystyrene
has been an¬

field

announced
on
July 12 that a lightweight, flexible tubing,
to wide temperature, and pressure ranges, has been
developed from General Electric's SE-100 silicone rubber compound as

BUSINESS—Corporation
was
organized
in
Delaware
on
Dec.
7,
1953.
Its principal office is located at No. 1 Wall Street, New York.

of

Y.

N.

'

The
of

This

new
formulation, called Styron 647, offers eight to ten times
light stability than general purpose polystyrene, while retaining
characteristic physical ana chemical properties of
the general

is

company

■

experimentation

in

engaged

part

the

and

fibre reinforced plastic pipe for use primarily

glass

is

and

gas, uiauoirxes

presently

purpose material.

ing crystal
fixture

Stabilization of

the

in

development

in the

oil

development stage.

'

*

-

*

'

.

Common

*

-

—v.

Drewrys Limited U. S. A., Inc.—Calls Preferred Stock
corporation

called

has

of its

all

Sept.

on

cumulative ^preferred

dividends.
the

10;

outstanding

1954,/it-was

stock .will

"

redemption

time of

the

also

at

that

made

was

time!

any

the shares

In

be-turned

could

retirement.

a..-.',",.:;,:

~

,

"///"-J

i.

.

/ J

.

eschhiige lor

in

theshares

of;,

31,729 shares '.of

.

Shareholders

this preferred

of

Atlas

.

have been

and

"

30,' 1954, >.
retired;."leaving a total: of

<3w

TJp

40,494 shares outstanding at. that time..
•

June

to

..i.j

not

have

12

converted * their: holdings, into Dfewrys preferred stock , can • turn"
in their shares, at;ratios)of the. original exchange offer, for -redemp- tion, at- $52.50 plus declared and accrued .(dividends.;.- -The Tight "to •
receive additional.dividends will expire on Sept. 10.
„*
Funds

for the retirement of ^he preferred shares of-.-Drewrys wiU.
provided by an upward revision
in the company's long term
continued Mr. Bmith.—VI L76;.p. 508.
~

(E. L) du Font de Nemours & Co...(inc.)—Number of.

:

Stockholders.Increasef—,c .it
This

1954,

company

hy;~i48-,347; stockholders

owned.*

was

as,1 of. June * 30,'

;

ovefr"-the' number

of'hoiders' recorded at
'close' of the first -quarter",©* »*9fHhr". and an increase of 3,821 over

the

Increase

an

of

249

,

*

/the
'

number

There

of

as

30,

1953}

«/-

-i-*"--

*-v

'

.180,.. p.,

the

as

These
-stock.

second

Co;—-Offering Oversubscribed—The
Corp.,-managm?f underwriter, on July 20
announced that 129,000-share block of $50 par 4.10 %
preferred stock was oversubscribed and the books closed.
—V. 180, p. 57/
v , -I- '•
"
Plastics

Durez

Privately—The

&

Chemicals, Inc.

western Mutual Life Insurance Co.

an

3%% sinking fund debentures due June 1, 1974.
new

a
>

i

-

Alton Austin

:

,

•.

...

.'

'

i

•'

?Net

,

1953-

2nd'quarter 1953

814,496

______

_

••/

Profit
$94,213
126,723

months

Airplane Co.—Stock Subscriptions

Ton
$4.68
"4.94

per

v

the SEC

•

deposited under the voting trust between

be

to
:

-

$4.81

•In

voting trust agreement

2nd. quarter 1954

909,188

-; 206,248

4.36

$1,750,574

$318,511

1__

1954

.

income

from

investments.—V.

170,

of

extension

period.—V.

Elliott Co.—Reports Earnings—
Net

income

$1,001,590

for

the

$1.59

or

compared with

ended

months

six

share

per

$1,343,943

or

June

30,

amounted

1954

same

months

.six

a

to

See

on 533,158 common shares outstanding,
$2.23 on the same number o( shares for

year

-

ago.

the. first -six

for

for the comparable

$20,624,505

Backlog of orders

as

period

in

:

to-

Georgia

the

174,

Omnibus

Filtrel

voting- trust

prior

to

voting

agreement

for

2547.

p.

28,

Dec.

trustees

the

1354,

an

L

7:

_______7___-_

,,

Reliance Gas Corp. of Columbus, Ga.

The

i

some

7

-

.,

Six

Months Ended—

May 29/54

.

sales

Profit

__

before

normal

tax.

&

stock

give effect

to

prov.

Earnings per

.7

Net

base

amount

stock

method

to

of

-

:—_

effect

give

method

$1,873,149

inventory..——

of

taxes—

income

1,550,000

transferred

$1,182,503

from

Net earnings

|

Earnings
—V.

-7

-

share

$0.98

—

300,085

The

used

due

New

Estate

under

the

redemption
ing;

c>ss

interested

at

due

Mineola, N. Y. and Air Cruisers Co., Belmar,
N. J., recently acquired by Tbe Garrett Corp. of Los Ar-g^teo, became
divisions of the corporation on Juty T/1954, it whs announced by 3. Q.
Garrett,

Investment

Company Act - with
respect to
the proposed
retirement by Real Estate Equities of its outstand¬
stock, $1 par value: and the Commission has
given

until July 29,

1954,

to

request

ing

Real

Estate

to.

proposes

redeem

and

retire

all

addition

to

Other

The .class,,A shares are redeemable at $50 per share, plus- a divi¬
dend adjustment.
The.aggregate funds necessary for redemption willbe' $768,600 plus air 3mount equal to $3,202.50 per month for
the
portion of the current': .fiscal. year with respect to which dividends
are
unpaid.
According to the application. Real Estate Equities h-'s
generated
a
substantial amount- of cash
which it believes, could
berutilized most advantageously in the .redemption and retirement
stock.—V.

179,

p.

100%

at

two

wholly

sub-

are

AiResearch
Co.

Manufacturing

General Electric Co.
..

Sales of products and
customers

to

Operating
and

15,

costs,

other

-

-

serv¬
.

of

Manufacturing

Co.,

Los

Angeles;:

Arizona,

,

June 30, '54
" 1954
1953
$732,001,000 $1,447,-597,000 $1,530,448,000 -

latiori.w

from

operations--

$198,193,000
1(1537,000

proceeds-Tgfll }»e. added, .to. the cash

company/and be available for -general corporate
t

*

.

^ i
:

*u*>s
i

.

i
.

.i

•

i

i 'be-qu.

tM




bi-s M

purposes
Ji

,

funds

of ,the

and for the

'f

.

.

the annual volume of receivables
increased ,from .$3,028,812,542 to $6,697,-£32,386
and for
the first
five mohths Of 1954. the volume was;
$2,856^317,711. Notes and bills receivable-held bv the ccmnanv. which,
stood at $528,417,941 at Dec. 31, 1948, increased to $2,331,275,838 at
Dec. 31, 1953 and to $2,551,519,519 at May 31', 1954.
- ,
the

five

by- the

in

838,000
income-,

1949-1953

years

cpmpany

operating; in'c.ome rose from $60,1953. Income before interest arid:
For the three/ months/
31, 1954 total operating income was $51,325,000 and.
Interest and income taxes' $37,126,000.
-

1949

March

ended

to

for

taxes

total

before

$185,054,000 in
1953

was

CAPITALIZATION GIVING

$125,313,000.;

EFFECT TO PRESENT FINANCING
"

*

Non-operating* income-—_
Total income u.
x—
Intc^kdther financial chrgs.
,

Fed.

Inc. taxes and reneget.

Fed.

excess

$102,513,000
186.000

56,500,000

$208,730,000
374,000

$270,595,000'

Notes, loans, and debentures:
Due within one year:
Canada ■" _L—

.

Other

43,090,000

profits taxes— I

•Net earnings

—_

Earnings per common share

$45,827,000
$0.53

States

l

H

.

t.

'

/. J

■

VVi

f, i. i

•

(

:

countries (payable

in

local
30,675,444

currencies)
-Total

$0.87

$1.03
}/!

1

t

126,857,745

:—

$75,417,000;

$93,856,000

791,748,000

-

_____

'

147,000,000

114.500,000

''

"

.

Ulrtted-

178,000

'

'''

Outstanding

$

due

within

one

year—

1,124,281,189

»

t

9

Including, Frigidaire electric refrigerators and other
air' conditioning and" commercial refrigeration^
and Diesel equipment for railroads and

appliances,

15,363,000

•

..

t
,

the

$255,236,000

*

on

comprised

industries.

acquired

1,305,218,000

$97,907,000
4,606,000

an

During the'first five-months of 1954 auto¬
97% "of the company's dollar volume of
balance representing other products
of

make,

any

purchased,

Motors,

Dimng

;

♦1

joif

,

634,034,000'. 1,249,404,000

prepayment on July 29,;
will be added to work¬

Authorized

fered—LeeHigginsoc Corp., and P. W. Brooks & Co.
Iruc_, Qf New York City, on July 22 "offered 200,000 shares
of common stock (par i#) at $1.50 per share "as a specuPRQCEEDS- The

the

equipment, heating equipment

income
—

for

The

receivables

expenses

charges

of the sale of the debentures will
of $87,500,000 of 2V*% debentures;
called- for redemption on July. 29,
payment of $40,000,000 of -3%%
notes-

proceeds

; EARNINGS—Consolidated

—6 Mos. End. June 30—•

3 Mas. End.

and

financing

mobile

(& Subs.)—Earnings Rise—
*

net

which have been

1954.

household

•

Phoenix; Airsupply Co.,
Los
Angeles; Garrett Supply Co., Las Angeles; AiResearch Aviation
Service Co., Los Angeles; and.Northfll Co., Inc., Los Angeles, a wholly
owned subsidiary.-—V. 180, p. 59.

ices

of

used units

.

owned

and

1955

$37,500,000 of 2Vt%
debentures are part of
$175,000,000 of debentures, half of which was redeemed

June

224T.

Eric Reinforced Plasties Pipe Corp., N. Y.—Stock, Of¬

I

and

.t

subject

are

15,

July

1955

capital.

other

companies

AiResearch

Inc.

.K-r '■'

.

to

1; 1956 which have been called for
102%. The balance of the proceeds

May

General

divisions

seven

,

of the class. A

/

Aero Sales
renamed Garrett Manufactur- •

divisions and subsidiary brings the Garrett

new

to

Was

sidiaries
-

of

.

bonds

BUSINESS-r-GMAC finances the distribution of new products manu¬
factured by ^General Motors Corp. to de? lers for resale and finances
dea'ers* retail instalment, sales of new General Motors products and

Canadian subsidiary,- formerly

new

a

the

structure

corporate

the
15,372 outstanding, shares
of
the class A stock, of
wbdeh 15.231
shares
are
owned
by Industrial Insurance,
127 shares by Equity,
and the remaining 14 shares by 8 unaffiliated stockholders.
Equities

v

>

time

Ltd., Ottawa, Canada,
of Canada, Ltd.

Corp.

The

hearing thereon.

a

same

Engineering,

Rear Estate

Equities ;has outstanding 15,372 shares of the class A
stopk and-656,450 shares of. 10c par common stock.
All of the latter
is owned by Equity Corp.
v

President.

the

At

and
A

j

Engineering Co.,

Aero

York investment company and two affiliated companiee,
Equities, Inc., pnd Industrial Insurance Co., have joired
of an application with the SEC for an exemption order

persons

the

and

-

by'GMAC for the payment
1,

1954

'

prior

April

1954

draymen,

Divisions—

debentures

10-year

PROCEEDS—The
be

ing

Equity Corp.—Seeks SEC Exemption Order—

the.' filing

oversubscribed

werel quickly

the

issue

This

Debentures Of¬

—

to redemption
at
101%
if
thereafter at prices decreasing
principal amount on July 15, 1962.
The 15-year debentures
are
redeemable at
102%%| if redeemed prior to July 15, 1955 and.
thereafter at prices decreasing to the principal amount on July
15,
1066:
"■
•
;
7** ' '
to

farmers

Garrett Corp.—Forms Two New

in

of

1969, were offered at 100%% and accrued
Both

July 15,

redeemed

corporation

179, p. 516

Real

Corp.

I

of commodities by construction firms, mines, quaries,
and many types of retailers.—V. 179,
p. 2596.

types

$1,482,588
$1.65

$945,799

-J.

common

per

102,650

—:—

delivery

capacity

interest rate of 2%% due July 15, 1964, was

an

offerings

iS'celebrating, its 40th anniversary as the country's
first and leading manufacturer of special truck equipment with the
introduction of new hydraulic hoists and dump bodies which; accord¬
ing. to E. B. Hill, Vice-President in charge of Gar Wood sales, establish
new standards of performance for the hdist"knd hb'dy Industry.
Hydraulic hoists and dump bodies manufactured by Gar Wood Indus¬
tries
in plants
in Wayne/ Ypsilanti, Mattoon, 111., and Richmond,
Calif., account for approximately one-third of the nation's total. Gar
Wood
hoists
and
bodies
are
used -to handle
almost 160 different

provision therefor after deducting approximate
applicable Federal taxes on income thereon

a> current rates

storage

S0.72 k »interest to yield approximately 2.97% to maturity.

179, p. 1932.

This

the normal base

to

inventory

LP-Gas

116

closed.

$2,732,503

1,030,000

of

a

fered—Representing the largest corporate offering to
come toyjnarket so far this year, two new issues of this
corporation's
debentures, amounting to $150,000,000,
were offered publicly on July. 21 by a nationwide invest¬
ment banking group comprising 23-5 investment firms
beaded by Morgan Stanley & Go. An issue of $75,000,000

due

$950,000

9l.n

Gar Wood Industries, Inc.—New Products—

$843,149

Federal

—V.

May 30/53

-

$61,995,684 $68,965,317

the

to

fleet

combined

a

have

plants

'priced at 99% and accrued interest to yield: 2.865% to
maturity; The $75,000,000 of 15-year 3% debentures

845,000

-

$1,547,000

;

1

share_7.____——

bulk

27

vcarrying

6,049,000
543,000

730,000

;

Net income

Net

6,092,000
815,000

income

on

operate

other vehicles.

19

total above-ground
724,000 gallons of LP-Gas.—V. 179, p. 1372.

The

date of

firms

nine

trucks and

■

1952 • * ;
$8;387,000 -

$10,084,000

(excl. of items shown below)

Cost and expenses

and its

affiliate, the Dixie Gas & Electric Co., Inc.; Mills Gas & Appliance Co.,
of Louisville, Ga.; Southern Gas Corp. of Tucker, Ga., and the

v

1954

Ended June 30—

7

>

Co., Inc. of Dublin, Ga., and its three
Radiant Gas Service, Inc., and the Dublin

Appliance

&

General Motors Acceptance

belcw.—V. 179, p. 2247.

Corp.

Gas

to solicit an
additional 10-year

Depreciation and amortization

Subs.)—Earnings—

(&

Inc.;

Co.,

Inc.

'

Provision for Federal taxes

of June 30, 1954 was $20,300,000.—V. 179, p. 1720.

Endicott Johnson Corp.

sales, General Gas operates

propose

porp.-rSemi-Annual Earnings Up—

Six Months

/

s

and appliance

Inc.; Dixie Gas Distributors Corp. of Ridgeland, S. C.,

Gas Co.,

and

the effective date

1954 and voting trust certificates
1,562 holders.
It is estimated that

approximately

Net sales

1954, against

months of

1953.

its LP-Gas

wholly-owned subsidiaries, Delta Tank Manufacturing
Industries, Inc., and the Propane Corp.

affiliates, Armor Gas Corp.,

.

shipments of- $20,061;078

addition to

Phillips said the nine LP-Gas firms were acquired for a total
approximately 50,000 shares of General Gas stock.
He identified

of

Fifth Avenue Coach Co.—Sale—

Figures for periods are after' takes
and provisions for-preferred stock dividends.
:
u ;
- i'r".
The company, a leading manufacturer of steam turbines, electric
generators and heavy industrial power plant equipment, reported net
the.

served 80,000 Louisiana and western
plants. Their total LP-Gas sales

previously

Corp.

the organizations included in the acquisition as:

.

of July 9,

as

1,000 shares may be deposited
termination of the triist.
The

$4.56

1913.

p.

therefor

issued

•

^Includes

Gas

Mr.

issued

$4.77

months

Nine LP-Gas Firms—

major acquisition,

a

three

the voting trust to Dec. 28, 1964.
There are 325,000 common shares
and outstanding, of which 218,048 had been deposited under the'

$220,936

$112,263

1st ,6

"'7

.'.7; 7'.,

■:

required/for

General

28, 1954, and also with respect to 325,000 of said shares to which
voting trust certificates will be offered under the proposed extension

$841,386

quarter

to; precisely
cycle and

during 1953 amounted to about 44,500,000 gallons.

Dc.

1954

1st

1953

v7:

as

Mississippi customers from 57 bulk

Cheney, et al., trustees under a voting trust agreement
of
this company, filed a
registration statement
on July
13, 1954, covering voting trust certificates re-

$1,584,811

6

--

so

production

own

customers.

to 326,060 shares of the Farrel-Birmingham common stock. The
statement relates to ^certificates for 1,000 common shares,
estimated

of

1st

customer's

the

this corporation has expanded its marketing
area into Georgia, Alabama and South Carolina through the purchase,
of nine liquefied petroleum .gas distribution companies.
Rawlston D.
Phillips, President, announced on July 18. He said that annital sales
through the 27 bulk plants qf the nine firms amount to more than
13,500,000
gallons
of
LP-Gas
distributed
to
approximately
31,500

la ting

Oper. Cost

Net

.

Income

_!

_

In

security

stock

common

with

Earnings—'

$770,315

,

quarter

using

General Gas Corp.—Acquires

new

Farrel-Birmingham Co., Inc.—Voting Trust Agreement
for:

1st

.

part of the-Chemical Materials Department's

a

Gamma

The proceeds are to be used to finance the construction of
plastics plant at Kenton, Ohio.—V. 178, p. 2572.
•: 7

East Malartic Mines Ltd.—Quarterly

G-E

.

577,551 shares of common stock recently offered
subscription by stockholders, 553,657 shares, or
95.8%, were subscribed for. The remaining 23,894 shares
were purchased by the underwriters, headed by Merrill
Lynch, Pierce, Fenner & Beane.—V. 180, p. 58.

North¬

to

to

-

for

issue of $2,000,000

.

Co. *> currently . manufactures both! the synthetic <
the hew shell-molding process, phenolic: resins »
and
silicone chemicals.- 12316
phenolic^, resin, considered 'the most ;
effective'adhesive agfent for bonding shell ' halves together, and SM-55 *
silicone
parting agent, -for releasing shell molds - from their metal
Patterns,. may be obtained by foundries from this single supplier.—
v. 180, p. 59.
■
\
'v-\
.

—Of the

Sold

Debentures

privately

sold

has

company

—

foundry is

77'/-'-'7/'■ 7 '

materials

l,

Fairchild Engine &

-

reduces

general* Electric

//

.

,

having; less

...

pouring facilities for all. common foundry alloys

alloys.'. /"

,

First Boston

control

30 inches in depth; the new enclosure is only
Height has been cut Jn haK—from 76 to 38 inches.

reproduce -castings

total

as

crane

Formerly

*1

and

; ;'7;;v^

^^77:7^;.:

a-c

-

bridges to be made smaller, and
required on preceding models, according

clearance

.The ^new

.

construction valued
in the aggregate/ of
for the above bonds.
The Georgia Baptist Convention Includes 2/729 churches with
an
aggregate membership of 738,250.

Light

Duquesne

the

■« Property
including
.$7,794,524 is pledged

,-t

v

.

Of

1954 to July

-

of

depth and improved- maintenance and
been announced by
the G-E's Industry

has

'

issue, $254,500 3V«% bonds will mature from July 1,
1957; $319,500 3%%- from Oet. 1, -1957 to July 1. I960;
$356,500.3%% from Oct. 1, 1960 to July 1, 1963 and $1,369,500 4%
from
Oct.
1,-1963 to July- 1, 1969. :
•
;
,

j

22,372 holders of

quarter perkxf ©11954 ended.
6,629
holders
of moreK than, one
kind
of
57..
...:
■ - 7
1

preferred stock
figures
include
—V,

Junet

132,604 holders©* common stock, and

were

expanded- line

enables

inches deep,:

.

iJujy 1,71969.

Sub-Killer

.

Ci Zicgier & Co., West Bendv'Wis;, Gn Juljr l5 offered;
publicly $2,300,000 o{ first mortgage serial and sinking
($9OO!OO0 of serieo A -and. $1,400,000 of series
B)». They will bear interest of-3%%,
3%% and
4%,- according to maturity. The bonds are dated May 1,
1954, and mature from - July 1, .1954 to and inclucling

fund bonds

S2F-1

Establishes Experimental Shellmolding Foundry— J

*

.

debt,

Grumman

new

EstahUahfueat of a new experimental shellmoldtng foundry, with
cemplete faoilities tor making shell molds and pouring' castings, was
announced by the: qonwany's Chemiosd Materials Department on July
16. Believed to be the most complete experimeotal operation of its
kind ii| the; resin manufacturing field, the G-E foundry permits study
of all factors affectlpg shell
and casting quality—not only in the
intermediate area of shell moldmaking but also in the final
pouring
of the casting itself..- -r
_•
•

.

L:'

line

-new

overhead

■

-

.

Sehoenhofee-Edelweiss* who

yet

be

The

Ttto-corporation reports for-the three months ended May 31,1954,
thej lirst quarter of-the fiscal year, net sales of' $4,959,07(1 compared
with sales of $5,532,082 in the corresponding quarter of 1033.
Net; ,
income "for the 'period was $283,800 after Income" taxes of $174,000'
compared - with $442,914 after taxes-of $414,000.
Earnings per common
shaare" were 28 cents, -compared with 47- -cents. in the three monttak ;
epded May 31, 1953.
>
«
"
:
'
Operating income for the quarter ended- May Jl,.1954- was^ $387,788 - ■
and inooate from investments was $40,092 as-compared with $805; 161:
'and $51,753 respectively in the 195-3 period.—V. 178, p. 1568.
, •

^

the

of

enclosure

features,

Control' Department.

Eve$^a«i», Inc.—First^Quaiier Earnings—-

.

and

much

as

engineers,
-.

him .Chieagov breweries, i Atlaa

Schoenhofen-BdelweiSs

and

half

installation

*

*;.

?

.<

redesigned

than

prior. to- Sept.-

of $750,000

sum

Brewing rCo.

A

;

corporatiop on July 12 filed, a letter of notification with the. '
30,000,000 shares of common stock to be offered- at par '
»(one cent per share), through; Underwriters, Inc., Sparks, Ney.• The/net-proceeds.are to_be used to pay expenses incident io mining ac¬

.

J7- In' November, 19ai,;. Drewrys^ isKued; T7,J23 sba«es of it.s "preferred :
stack

^

-

system

Announces New, Mote Compact A-C Crane Controls

Files With

Wyo

Commission

SEC -covering

10, ..1954,.. Drewrys has
for ^payment to shareholders who -may
desire
to
have- their
shares
redeemed
prior to: Sept.
io.
Stock '
redeemed -prior to : the final, day "will carry.accrued dividends up to

deposited the

643,000 shs.

The

1

agent,v

:

'

.

Corp., Cheyenne,

and Exchange

Outstanding

'

*'•

de-icing

Designed and fabricated by Flexible Tubing Corp. of Guilford, Conn,
the ducting is strong, exceptionally light in
weight, easy to handle!
and has been quickly and
economically installed by the Grumman Air¬
craft Engineering Corp. in the
wings of each plane. It can be used
without fear of collapsing in situations where bends
up to 180 degrees
must be made, and is capable of
withstanding temperatures ranging
from 250 degrees F to minus 65 degrees F.

FINANCING

Authorized

v

the

of

aircraft.

and

tivities.

Announcement
for

'

.

PRESENT

4,000,000 shs.

share)

'

Uranium

Securities

accrued

plus

Shares should be deposited- with the company's fiscal

City National .Bank &. Trust .Co., of Chicago.

(par 5c

253.

p.

announced

redeemed .at$52.50

be

-jwmI,

Eureka

preferred shares..
on
July 22 by
Carletpn S. Smith, Chairman of :the Board:-. The $50 par value- 5% %.
redemption

per

-

most commonly used colors for light;

parts—V.

The

for

Stock

EFFECT TO

GIVING

the polystyrene results in nqnyellow-

white colors, the
180, p. 262.

and

CAPITALIZATION

was

highly resistant

better

the

Development Announced—

$65,000.
It

Stable Polystyrene—

New Light

5

!•

*

)

1

i

.

U

6

\

(350)

Due

subsequent

United

to

one

R.

year:

States:

l

3V*%

5

2%

notes,

4%

debentures,

due July I,",1958—
due June 15,
1959—

3% ca

notes,

150,000,000

Sep.

15,

1, 1963
3%
notes, due March 1. 1963
23/4% debs., due July 15, 1964
3%
debs., due July 15. 1969

.

4%

*

notes,

to

.

June

•

Total

Sep.

'

United

.

,

'

States—

due May

debentures,

3%%

notes,

434 %

debs.,

434%

;

300,000

Stern,

900,000

Fox

50.000,000

.

■

+

V

.

■'

.

—I—

due

May

due

debs.,

1,

■

Rippel,
Co

The

•

Rogers

&

1,

Jan.

due

15,000,000

15,

15,000,000

'

6,000,000

1968—— '

*

1969—

R.

25,000,000

Mosle

Total

Other

Canada
(payable

Total

subsequent to one year

E.

9,465,408

'

.

Total

3%

loans,

notes,

Subordinated

799,465,408

notes,

due

debs.

and

(United

indebt.

subord.

3%%

junior subordinated
April
1,
1967

notes,

125,000,000

junior

April
4%

subordinated

15,000,000

1,

notes,

1967

Total

subordinated

Chas.

W.

stock

($100

agreed

underwriter

shown

below

Includes

equal

C.

Brothers

American

E.

Granbery,

Co.,

Emerich

Gregory

400,000

Inc.

Hallgarten

Halsey,

400,000

Co.—_______

Bacon.

Whipple

Robert

Co.

&

Baird

VV.

Ir/5.

&

400,000

Ira

Baker,

Watts

&

Baker,

Weeks

&

Barret,

Fitch.

North

750.000

Leeds

Co.

J.

100,000

Kirsch

200,000

J.

Co.—

900,000

Hogle & Co.
Hornblower &
Weeks._

Inc.

900,000

E.

Co.—

400,000

W.

&

Co.

&

Blair

&

&

Boettcher

Co

Bradford

&

M.

100,000

'

,

y(Inc.)

Inc.—

Burr,

Kay,

ColHngs

and

A.

jQilTen

»
*'

Collins & Co.—_

Qooley

&

Co.—,

&

J;

Dain

M.

DaVas

Co—__

&

Union

Laird,
W.

Day

L.

•LCrouter

&

.Co.

Dick

""

R.rB.

^

*

»

Lundborg

Read

Inc.

Company^

Domlnick

100,000-

Dominick

&

-

-

Co

&

—■

Dre^el & Co
Prfincis

Co.

I.

Pont

Eastman,

&

&

.&

150,000

&

Corp.

&

Co.__:

■ Inc.
!
"F8hey, Clark

'
'

Co.__'_Z

First

Michigan Corp.
Southwest Co.—__

'**iPoTger, Nolan-W.
'-=w

Hibbs

&

Co.,

B.

Paul

Inc.—_

_^Fostet & Marshall
Fulfcm,

^'jf^Rcbfert

Reid

Ai

Garrett

,.&>Glorer -Forgan

Goljfman,
Goodbody
Uoodwyn

&

Faine,
&

Sons'

Co._l

-

k

3,Oo6[666

Curtis

100,000




&

showed

1954

30,

welding

that

$0.20

assets^5 (not

total

total

Nelson,

Ted

process,

assets

-

were

v,

of Connecticut—To

Acceptance

revision
action

of

on

the

below.—V.

Corp.

Utilities

States

consider

180,

Be

Acquired

Co.—Meeting Adjourned—

pending
shares

the

Further

question.

consideration

$4.40

50,000 shares
$4.44.—V.

and 50.000 at

issue of
now out¬
$4.50 dividend,

preferred

new

160,000

that carry

180, p.

postponed

was
i

,

proposal would authorize
a
of $100 par stock, to replace

which consists of

at

-

stockholders, in an adjourned session to

jpeeting to be held Aug. 17.

a

156.

p.

company's preferred stock authorization, again

60,000

Gunnar Mines Ltd.

;

shares
a

59.

made

was

(Canada)—Debentures Offered—
July

on

Nesbitt,

by

21

Thomson

•

Ltd.,

Co.,

&

issue

of
to

100%-

yield 5%.
debentures

The
-

chase,

•;

$11

at

1,

entitling

warrants

carry

the

holders

stock

20 shares of
common
share up to and including

1955,

$10

per

to and including Oct.
including Sept. 30, I960.

1,

up

and

to

up

will

April

shore

per

share
-

after

debenture

$500

1958,

Oct.

and

to

for

J,

pur-

each
at

1956;

$12

at

•

per

.

1959
( inc]usive will provide for the retirement of $15,250,030 of debentures,
which with a final payment at maturity of $4,250,000 will be sufficient

.$3.,805,043

AnhuaT

sinking

467,041
89,000

2,3 60,278-

2,483,188

<•

payments

fund

in

the

four

1956

years

to

"i-

333,616

debentures.

,

The,company has contracted with Eldorado Mining & Refining Ltd.,'
Crown company, for the sale of uranium concentrates to the value
of <$76,fl50;000, and it is expected deliveries will commence before Oct;
^ '1955 and be completed by Oct. 1, i960.
•
•-v
l
The purpose of the issusxis to pay the costs and expenses of the
a
„

.411,000
VT261^29

" 436,000'

i

•

%

all

retire

to

$3,553,457,

.

.

-

i-

"'-$552,

$107,524 *

$120,202

93,573

399,356

79,308

--

4

■:

"

'

'

*

1 1954—5 M«?s<—1953

1954-Month—1953

Other -operating taxes-

54,063

,v

,

'operating income

47,260"

$122,355.

"

Net .after-charges—.
—V. 180, p. 253.

-

■ •

272,542- ",

^

General

229^60^

80,277

439,976

;

revenues—$1,318,571

Other; operating

$1,003,596
699,929

880,879 :'
145,982'.

,

taxes

income

Net

taxes—

operating

after

—V.

179,

1

income

charges

*84,553

'

3,370,260

4,467,148

■

$145,454-

138,973—195,980

-

'

;

•

$737,221
» 504,25q

590,853*

—

V-

"

.

;

;

.

c.y

,

•>n?POirH^

bonds,

Trll8t ii'sMMft Y°irk,4 Ni' Y'„ h^s ^
i
P1« '8
rtiV °
due June .1, 1984.
V. 176, p. 1673.
T

V

Waterworks

them

in

or

net

■--

•

Corp.—Stock

proceeds

advances

in

meeting
the "year.—V.

Offered—A

to

are

to

certain

of

their
180,

capital

p.

be
the

used

group

: Period End. June

156 *

mak?

to

f

30—

1954—3 MOS.—») 953

.

$1,999,817

Profit

before"

Federal

r

taxes——

income

taxes—

$1,635,869
177,669 - "
155,616

{ Net

profit

V

* ~

"

,

*

the

*

1P54—^

'
Mo.s^-r-lQ5g

$3,722,598
'
309,246

-

-

-

-

*

.'58,285

160,808

23,314

$148,438

$34,971

'

FINANCING—On June 3.T954, a group™ of 26 underwriters, ^headed
try -McCormick &.-Co;» -Chierago,Til., successfully-offered- to the public
the
company's
Kconvertible sinking fwt ;

mentioned

of

200,000

last

the

,

,

K

largely to the expiration o' i,he excess-profits
five-month revenues, $51,000,000,' were- 18%

year's.

stockholders were'advised

that increased offshore activitv along

expenditure 01 about «2-000^00 iof

-equiDment

and

expand

to

he
>

stockholders approved' an

The

manufacturing • and

said,
*

approved

have
"

a

administra-'

capital

1954

(

-

to. the

amendment

certificate

in-

of

corportUion-to clarify, and extend the nature of the company's business,

173, p- 2289-

The

"

Hanna Co.—Net Profit Declines—

on July 14 reported net profit in the first six months
$5,101,300 after all charges incluldihg $1,303,887 for depre¬
amortization and development, and $762,073 for
Federal income tnxes.
The
profit is equal after preferred dividend
requirements to $1.59 a share on the <3,091,392 outstanding common
of

■

23,314

Part1 of

,

the g^ia

that

facilities. The directors,
budget off$n,000,000.
,
:

company

1954

shares.

$1.77

$2,762,234 }

$132,302

qrdinated debentures.c^fering-was utilized-to

150,000

than

(M. A.)

*

^

92,388

ioo;ooo

—

.

,

of

cation, "depletion,

$3,000,000. of

Co.,

noted

operating

\

re¬

$85,281

300.000

C-l_.

but

tive

additional

during

&

500,000-

C^mentin^ Coi—Progress—

^S^enT^ J6QUire

>

compsiny'$ -subsidiaries to

expenditures

Glass Fibers Inc.- -Statement of Earnings—
Sales

Co.,Tntf.

He act ributeh

share.

mainder, of

100,006

.

.

Mr. Halliburton s? id that7 because of expansion of services and bulk
Jcement operations, it had been necessary to incr3ase the quantity of

o

.

General

"PROCEEDS—The

100,000

.

'

assist

2,000,000

^ -

company

...

The

r

underwriters, headed by Townsend, Dabney & Tyson
and Schirmer, Atherton & Go. on July 21 offered publicly 29,600 shares of common stock (par $1) at $10.12^

400,000

.

^better

v.
A.

of

300,000

,

"covering

Halliburton Oil Wtlls

tax,

^General Telephone Go. of Wisconsin--Gb-Payift&Agent

100^000.

-.

SEC

The companV e^rnfed $o,776,000 in the ffrst five months of thlsjrear,'
last yeafi Erie"

■

300,000

Co.

;

eiS^SSi.'^^499,500'f an increase-of $2,000,000 over the similar, period,
"444,880 J ;,-^96,093. j Hal.iburton, Chaii'man, told stockholders on'-July. 2.
$867,279

.

\

*>

:.

(Mfl^-Gas Co.—Files-With

,

.**

.

$^to674(v

^$6,393^288

9S,3bO! "*

62,913.fw

\

8197,057

1721.

p.

100,000

Co.__

&

a

1954—5 Mos.—1953

s

of

balance

- on
July 12- filed a letter of notification with the
$100,000 i of- 5% convertiWe- notes to be offered 'first
stockholders and- then to public;
The offering will;; be
underwritten-by-Alex.-Brown & Sons, Baltimore, Md.
The net pro-.
ceAds are to be used'to pay-current accounts and -for working capit$l.—V: 172, p. 1732.
' ; "■
- k-:. •
-

Telephone ^Co;. o# the SeuthwesU—Earnings—
" 1954—Month—1953

the

to-1 common

391,555

.

to pay

plant and mill with^a rated capacity

^

;

v.--

'. The

SEC

$111,169 .*f>, $599,068 '-", $549,958

88,990

expenses—*

Federal

per

Jackson

Pollook

Inc." _„i

y

a

*

-

'V

>' -<.-Hagerstowii

———

and

y

on

I 250 tons "daily, which is expected to go-into operation in October,;

1?55'

$3,209,596
2,218,381- r* 2,038/035
455,ooo "

424,605
an nnn
80.000

Hheppre-^jroduotion costs of $1^476,369,

/ ?of

•t

;:_$663(634.Z.$3,543,991

$713,353

_

'

v- '

of

1 the pre-production costs.
construction ias started

*: \'i ■■■*

€»; Of Ohio-^-EarningS—

Telephone

-revenues——

*'■

~

expenses.:-income taxes—

investments

Prescott, Shepard & Co,,
-

stud

Credit Co.

160,000

-1954—5 Mos.—1953 '

- <.

$721,042

109,000

200,000

Co._—_

Writer

Inc.

200,000

April

standing,

Inc.—Earnings—

,

&

5.__

B. W.'Piraini-&

Wm.-E.

Sachs & Co.— 3,000,000

& Co.
& olds

Co.

Christenpen,. Inc.
Phelps,■ Fenn & Co.—
Piper, "Jaffray &
-Hopwood
_i_—
11

900,000

400,000
150,000

&

Northwest

Peters,

*

at

increased

Gundy & Co. Ltd. and R. A. Daly Co. Ltd., of an
$19,500,000 5% sinking fund debentures, due Oct. 1, 1960, at

„

300,000

Co.

Webber,

Parrlsh

.

&
Son

Nowland

Pacific

100,000

Co
&

J.

100,000
i

$0.91

$1.34

sheet

the

The

an

57,477

-

i

<-

'<■

200,000

500,800
'V

Wells

Newbold's

The Ghio

Ferris. &
150,000
Company
^Field, Richards & Co.__
100, qoo
The. First Boston Corp. 3,300,000
of

H.

2705.

p.

Period End. :May 31--

.

Moseley & Co.J_^_ 2,000,000

Newberger & Co
Newhard, Cook & Co.—

100,000
150,000

for

64,382

income

chatges—

179,

mn?££.«f
mortgage

100,000

Co.

200,600

/First

Milwaukee

S.

W.

-

.

of

deferred

i

SEC

427,935

3,000,000

F.

,

.

Co,—__

&

150,000'

Farwell, Chapman & Co.

^

&

Miller

150,000

Mltchum, Tully &,Co.__
Moore, -Leonard &
Lynch

1,500,000
900,000

-

agreement

dealer

Hutchinson

i,__j

Mullaney,

—

Estabrook

$47,761

789

<

during
the
year
from
$2,042,829 to
^Shareholders'
equity increased 19%, from $1,241,635 to
W!hen
the
business
was
purchased
in
1948 from;- the

Offering

103,000

Operating

400,000'

300,000 »

--^Clement A. Evans & Co.,

-

13,277

$223,789

share

patents)

Gulf

-

253.

p.

p..

Co.___;_

The

operating

after

Net

100,000

400,000 !

Securities

61,039

234,000

$359,959

The common and preferred

;

pro¬

..

100,000 ■*

ij

-___

Merrill, Turben

-

income

Operating

'

150,000
Co.

r

'

150,000

Co

Emanuel, Deetjen

45

220,000

^

Merchants

See

orders in excess of
will be reduced

Weir,

Merrill Lynch, Pierce,
Fenner & Beane

750,000

$784,938
497,354

Operating,

& Co.__

Inc.

Elkins, Morris &
El worthy & Co. J
Equitable

Co.

Co.

&

Co.

&

1

Mead,

3,000,000

46,322

579,959

.___

Wood

the

Operating

&

400,000
Co.""400,000

Young,

McMaster

Co.

Co.

$1,862,470

418,097

orders

participating

1954-^Month-^T953

"Period End.'May 31—

150,000

Dillon

Eberstadt

Marks

&

Inc.

.

,

$3,°^H.4Q9

.profit from the cold; heading and plating operations launched
the year through its subsidiary,
Nelson Fasteners, Inc., at
Ohio.—V. 179, p. 758.

16.

to

1949

1953

1954

net

J

100,000

1

McDonald-wtoore
'i Mf'Leod,

750,000

_________

100,000

900,"000

400,000

&

180,

Unit—

to

applied

has

Subs.)—Earnings Higher

$3,997.iP5
403,722

income—

oper.

Amherst,

cash

■Geittral

.150,000.:

300,000

'

3,000,000

du

M.

McDonald

1,500,000

V."®°rP-

Co.
1_„

A. .E. Masten &, Co.^_
McCormick.&.Co._i.-_i_

The Dominion Securities

Doolittle

Co

McDonnell

100,000

150.000

—_

&

30Q,ooo ;

3,300,000

—_

Advance

a

operating .taxes—-

;Net"

M&son-Hagan, Inc.

Bretscher

J

100,000

co.

.

business July

Federal
J

900,000 t

,1

Coe„

&

Laurence.

Co.

&

Co.-:
&

await

.

300,000
&

of

expensestaxes—

Other

MacNaughton-Green-

.

100,000

——

1953.—V.

in

/

during

on

certain

20.

George E. Gregory, President, reported-that the ocmpany has started
to

Corp.—Offer'g Oversubscribed

restrictions embodied in the

.

3,000,000

1

&

^Noonan, Inc._^^

F.

Go.

Mackall

Dixon

»

&

.

Dickson & Co.,

wpc.
Dillon,

t

' " '
1953

)

r

therefore,

July

for

2596.

p.

t

a

the! year

for

179,

(&

$873,592.

July 16 that the offering to stock¬
1954 of approximately 111,000 shares to round

and,

Operating

500,000,

^ Cropse & Co.j^_^___
Carl M.- Loeb, Rhoades
-

900,000

$3

the market price resulted

at

shares

corporation

Federal

—V,

HIgginson Corp.—__ 2,000,000 (
Legg & Co,^_.> 100,000 ^

Brothers —
S.ft. .Livingstone,
-

&

provided

revenues-

Net

John. C.

Iiwing

Merle-Smith__

to

for Federal income taxes in the
have been adjusted to reflect the

announced

Operating

"&

Locwi

l|ixon

.4

Freres

100,000

____—______—

&

Meeds-

iiSnai

100,000

equal

taxes,

United

the

on

batteries

quar¬

showed

company

$15,372,700.

Period End. May 31—

& Uo.__"
900,000 '
Co.li 3,000,000 '

Langley

Lee

,

^

&

200,000

Bodine—

the

craft.—V.

taxes

Guardian

1954,

other

other

balance

inventor

...

order authorizing
capital contribution in the amount of $1,300,000
to New Jersey Power & Light Co. its subsidiary: and the Commission
lias given interested persons until July 30, 1954, to request a hearing
thereOn.
The funds, to be advanced during the period ending Aug.
15, 1954, are to be used by the subsidiary to finance, in part, its
1954 construction programl—V. 180, p. 156.
-

Co.—200,000 t

Co.—

&

&

Dempsey-Tegeler

"

C.

300,000

•

taxes

the close

Make

Net

Co,—
200,000
Co._i.__ 3,300,000 5

&

Bissell

Lazard

D[e, Haven & Townsend,
|

&

100,000

J^POO a
20(7,000

of

make

to

i

Loeb

Co.—

Skaggs

R

,

3,000,000

Kuhn,

100,000

Davis,

,

300,000
100,000
1-00,000 "

Co.—

&

with $7,939,600 in the second
30,

for

announced

supplier' of

:

w

Laird

Securities

Co.

M.. Kidder

three

regular

1

200,000

300,000

-

100,000

Inc,
& Co.—
&

June 30, 1954, had net
tax,.provisions, compared'
months the year before.

ended

General Telephone Co. of Indiana,

Kirkpatrick-Pettis
•

with

corn-

1

;

batteries

storage

President,

profit

$2,474,217.

-

100,000

Co.__

Co.__________

.„,Crowell, Weedon & Co.
Curtiss, House & Co—

300,000

Kidder, Peabody & Co.__

Co.,

jCourts

Taylor

150,000.

Co.

&

'

200,000

______

Co.——

Richards

500,000

Hicks—

&

&

Kean,

,

shall

.

200,000

Space

Inc.

Lemon

Kalman & Co.,

•

900,000

at

To
it

150,000.

KaiSer

.

of

holdings

number

This

Inc.

200,000

Corp.
Co.

Lane,

Co.,

and

per

The

share, as against
share in the first half of 1953. Net sales totaled
after

provisions
and half year

corporation

ceased

300,000

Jones, Kreeger & Hewitt
Joseph, Mellen & Miller,

and

V

the latest quarter's earnings were
shares^^ of comnson; stock outstand¬
the, same number• of shares a-

June

said

part

Trading

300,000

100,000

Johnson,

Ctface,, Whiteside, West
Winslow, Inc.____ • 150,000
Clark/Co.—300,000. ?
/ <Sark, Dodge - &' Co.— 1,500,000
^ichaa-d W. Clarke Corp, r' lOO.dOO
&

200,000

by allocation.

&

200,000

National

a

compared

quarter

their

out

this

1,500,000

-Grubbs

Johnston,

Republic

$3,117,200

holders of record June 2,

400,000

•

Profit

200,000

Co.

&

on

compared

ended

1,500,000

100,000

Co.—

,

,

100,000

Co.„

200,000

—____

of

months

Storey

This
1

150,000

Co.—
&

900.000

,

Dffin

&

Hutton

Co.—

Phillips

C&hTral

Hutton

E.

Jenks,. Kirklarid
150.000

Byllesby and

Central

F.

Sons__

&

&

(Inc.I

Caldwell.

Co.—

&

Biddle

income,

like

share

a

plants

new

on

/A

contract of approximately $3;000,000

a

Daggett,

a

profit

until

209,000
v

MacDonald—

Brown

Burke

&
—

—

Son

________

150,000

Sullivan

Inc.

&

Co

&

The

400,000

3,000,000

inc..

Hilliard

B.

A.

I'linois Company—
Indianapolis Bond &
Share Corp.
Janney & Co.__

750,000

Simmons

&

Bo; worth,

.Co.,

&

Co.,

J.

the

General Public Utilities

<

100,000

200,000

Federal

in

.

ago

$1,981,815

aggregating
<

income before Federal taxes—

Net

i

six

portionate

300,000 >

Co

Co.

Ellis

Blyth

Co.

Co.

&

&

Co.

Blair, Rollins & Co. Inc.

C.

Herrman

&

Becker

100,000

3,500,000

Co—150,000

Richards

$1.46

$8,423,500,

were

second

100,000

&

William

Alex.

&

Mr.

600,000

Co.—

months

three

after

1953.
the

$15,800,800,

400,000

Co._

&

&

Noyesl & Co._

with

$2,799,400 and $2.69

400,000

.

,150,000

Eichler

Stearns

Blunt

Hill

Ltd.

Co...._

Williams

Baxter,
G.

&

Stone

Bruce

Henry

100,000

&

of

For

earnings

Co.—

Miller

Hentz

100,000

Bartow

&

Hemphill,
H.

Co

&

Bateman,

Bear,

Heller,

&

Co.
Barth

Partners

&

Haupt

Kayden,
Hayden,

400,000

Co.—;

&, Kraus—

Sales

3,000,000

the

$1,515,700

■>

submarine

H.

is

and

Federal income

ago.

ter

Ripley & Co.,

300,000

Co.—

Burge

Dulles

Wurts,

Storey, President, said
a share on 1,039,971

compared

3,000,000

Harris

Co.,

W.

of

year

Co.

&

in

$1,741,100

depreciation

year

a

year

1,500.000

Co._

&

sMes

Operating

400,000

'

Yarnall,

to $1.68

equgl

100,000
Stuart

of

ing,

&

Inc.

——600,000

Ball,

300,000

company

earnings

Smith

500,000

Sulzberger

Harriman

400,000

with

1,500,000

,

Inc.

Redpath
&

Inc.—

Co.______

Co.

100,000

Strudwick

Son,
&

Haliowell,
100,000

Biache

&

Net

Total

Co.

&

Woodard-Elwood

Co.__ 3,000,000

submarine

'$1,581,382.

earnings

300,000
300,000

from

reduced government

Contract—

awarded

of

Albert

corporation

including

$300,000
&

this

earlier.

year

was

manufacture

'

Co.,

&

Struthers

Wood.

180,

This

Co.—

Co.,

&

Inc
&

Gundy

Inc,

150,000

—i,

accelerated

in

charges

a

Years Ended April 30—

100,000

1

Witter & Co.— 2,000,000
Harold E. Wood & Co.
200,000

&

Barney <fc
p.
156.

increase

$1,555,263

income

net

Daggett ™to

Gregory Industries, Inc.

15-

Green, Ellis & Anderson
750,000

&

Ames

Anderson

.

and

Marache i&

Grant-Brownell

Atichincloss, Parker &

H.

10-year

Co.-

100,000

Securities

Corp.
Ames.

J.

of

Wood,

McEvoy

General Portland Cement Co.—Earnings Higher—

Stanley & Co.—$8,800,OOn
Ailyn & Co. Inc. - 900,000

Alrtistedt

A.

Scribner
—V.

Co

&

Deane

Smith.

debentures:

year

J.

amounts

Simon

M.

Dean

Harris

&

for

Weld . & Co.— 3,000,000
Winslow, Douglas & '

100,000

Co.

&

and

1,500,000

Co

&

r

100,000

900,000
300,000

.

Pairman

Singer,

severally

and the company
has agreed
to sell to
them
respective amounts set forth below, an aggregate
principal amount of debentures.
The total for each

Morean

A.

have

the

in

$150,000,000

A.

I.

500,000 shs.

below

named

300,000

White,

Inc.

purchase,

to

severally,
of

500,000 shs.

underwriters

Co.

&

Wertheim

300,000

Agriew

share. «•'
levels
orders.
on current information "it is our belief
purchases during the coming year will reflect an
last year." A contributing factor also to lower net
sales

both

part

submarines
and supplied the storage battery used, in the "Nautilus," the Navy's
first atomic submarine.
The company has worked closely with the
Navy since World War I on research and development of batteries

)

300,000

Inc.——

&

Gibson

&

600,000

Sills,

275,000,000

value)....—

par

&

Co.

Shuman,

100,000,000

indebtedness..'

UNDERWRITERS—The

Hammill

in

in

an

Navy,

The

i

900.000

Co.

Webster

the

.States

■

Co.—

&

Watling, Lerchen
Weeden

—

to $7.51 a share'on
outstanding, compared with $3,167,259,
$416,940, in the preceding year. Earnings
to $8.93 a share on the 339,160 shares out¬

of

Awarded Government
for

.

100,000

Walker

H.

G.

,

—

300,000

&

Shields & Co..

35,000,000

due

100,000,000

300,000

Scranton

*

amounted

This corporation

150,000

Inc.

Mason,

&

Shearson,

,

Capital

Co.

.

Alstyne, Noel & Co.
Wagenseller & Durst, ;

750,000

Stringfellow—

r

35,000,000

notes,|

&

amounted to $57,192,-

1954,

$60,854,903 set in the pre¬
President, said in the annual

Daggett,

$2,718,026, equivalent

was

depreciation

with

spared

3,000,000

100,000

Scott

'

■

1973-!

1,

Horner

Corp.

Securities

Van

&

Inc.
:

15,000,000

due

:

subordinated

junior

April

Scott,

{j

125,000,000

due

—

4%

'

H.

shares

credits

over

was

total

with

100,000

—

__—_—

Union

150,000

Co

&

Co.

100,000

Co.

&

income

I

Trask & Co... 1,500,000
Anthony & Co. 1,500,000
Underwood, Neuhfetus &

Roberts
...

Schwabacher

'

1959

1,

Poole,

Schneider

Co

•

ended April 30,

record-breaking

Tucker,

100,000

Parke.

&

1953

decrease

/improvement

Spencer

Co.,

______

1,923,746,597
./"V.."-

States):

Nov.

&

..

H.

•

Thomas

3,000,000

special

government

.

400,000
150,000

Corp.—

American

Swiss

year

the

by Mr.
He added, however, that based

100,000

liabilities

current

and

V

2596;

p.

stockholders.

to

attributed

iwas;

that

'*■

Monday, July 26, 1954

.

$1,127,190,

of

179,

Albert

profit after taxes

fiscal

for

3,000,000
Inc.——
500,000
" *

fiscal

from

year,

344,899' common

The

&

.

standing/including these special credits representing $1.23

100,000

'

Cartwright

the

6%

including

Co.

<

Schoellkopf, Hutton
Pomeroy, Inc.
'

•

<fe

150,000

Corp.

Co.,

&

Sweney,

1,500,000

the

——'200,000
Webster '

Securities

.

report

&

cash

$529,487.—V.

fiscal

Net

—

Maynard

for

down

ceding

Co.,

Co.———

&

Stroud

Co.

&

Schmertz

C.

&

10,333,378

100,000

and

Bros.

Schmidt,

local

in

——

due

-

62,000,000

•

countries

currencies i

Stone'&

100,000

Inc.
;

Stix

150,000

Inc.—

Hutzler

25,000,000

25,000,000

Tracy,

Sales

619,

150,000

Corp.

&

——:

Inc.

Stillman,

300,000

Inc.—

Rothschild

P.

Salomon

6.000,000

r

25,000,000

L.

,

Securities

to

.

Gould-National Batteries, Inc.—Earnings Lower—-

:

100,000
Nicolaus

including

amounted

&

Meyer

Co.

Co.,

Renshaw—_

Cooper

6,000,000

6,000,000

1964

1966

15,

Dec.

1,

Co.—

&

Frank,

500,000

Robinson-

&

Co——

Brothers

Stifel,

100,000

Inc.—

...u

Humphrey
Rodman

*

•

.

A.

&

& Boyce____

Bros.

Stetson

100,000
&

Vv

728,000,000

1961—

due -June

Gardner-

&

Smithers

S.

Starkweather

Inc.

■V Rctan,

notes,

3" 4%
4%

Stern

Julius

Canada:
>

Stein

100,000

'

200,000,000

*

50,000,000

'

;

100,000

Reynolds & Co.__
Irving J. Rice & Co.,

<'•

75,000,000

200,000,000

1978——

1,
'

.

Co...
& Co.

Riter

75,000,000
i

due

notes,

.

75,000,000

1970

1,

&

William R. Staats

Reiriholdt

>

;

100,000,000

75,000,000

—

1973

4%
t'■

payable

25,000,000
100,000,000

1961—

March

due

F.

100,000

Co

&

&

$3,355,430,

$150,000
500,000
400,000
150,000
300,000
400,000

,

300,000

Co.———„

Quail

-

100,000,000
150.000,000
25,000,000

100,000,000

Moore & Co

Smith,

Pressprich & Co._$l,500,000

Raffensperger, 'Hughes
& Co., Inc
Rauscher, Pierce & Co.

>

13.000,000
25,000,000
150,000.000

150,000,000

due

debs,,
debs.,

2.9%

.

■?'.

notes,

-23.'4%

i.

W.

Putnam

•

due July 15, 1955;!/ 15,000,000
due July 1, 1956———
25,000,000

<

The Commercial and Financial Chronicle

In

a

the

share

profit

96'
In

cents
the

a

first
oh

in

half

of "1953, net profit

the same

the

common

number

of

was

$5,635,889,

equal

shares.

to
-

<

/■

second quarter of 1954 was $3,067,182, equal to
share, compared with .$3,635,342, or $1.15 a share,

second quarter

178,

last year.—V.

p.

1569.-

.

-

Harley Patents,-Inc., N. Y. —S.tock„ Offered

■

—

('

E. E.

Smith Co., New.York City, on -July"20 offered publicly
2^,000 shares of capital stock (par 10: cents) at $1.23; per

debenture^a
" 4:
" ' •'
i'retire all of the company's then outstanding bIiart as d ipctuiduuil.
• ' "
/
I
indebtedness and.the balance was added™ to working capital.As of-.* . PRGCE EDS—Th e
net - proceeds are- to be used to j?ay; for ._the
Jjune 30) 1854, Hiw company's' debt consisted only -of--the debentares
development and sale of the cotnpanyV products* And "for general
above.

-As

the

the 'proceeds

same

datd

from- -the

current"

*

assets:

,

totaled

'-corporate

purposes.

.

>

-v

Number 5345

Vblume 180

.;

PRESENT FINANCING

GIVING EFFECT TO

CAPITALIZATION

(351)- 7

The Commercial and Financial Chronicle

.

increase

mand

c

eluding

in,

ra/dio; television and
machines, officers of

business
expand

other

electronic

devices

in-

the

,r

the corporation*, propose - to ,
production.
Industrial
HardCapital stock (par 10 cents)
125,000 shs.
73,000 shs.
ware
is
regarded
as
the leading company in the manufacture
of
Jsockets
for
BUSINESS—Company was organized in New York on May 7,- 1954, j
transistors; sub-miniature
tubes,
and
printed
circuits,
to acquire all of
the assets of Harley Buckle Division: of -the Sem-; f The relatively new f "automation." field looms as a major potential
market for its products, according to company spokesmen.
bodja Corp. of New York,
which was engaged in developing 'the i
»
market
in the
United
States and
Canada for the items invented
Located in New York City,.-the firm was sfcrst. organized in 1943, r
and
developed by Frank B. Harley of Camberley, Surrey, England.
changing to its present name in 1947.
Consolidation with the Prince •<
All
manufacturing and
sales- rights- to these items in the United
Machinery Exchange, Inc. and the Louis Offerman Tool & Dte Corp. '
States and Canada for a period of at least 10 years has been grantedwas
effected in
April.
Officers of the firm are Seymour Offerman, to the Sembodja Corp. by Mr. Harley and have been, in turn, granted
President;
Louis
Offerman, Vice-President,
and
Bernard
Offerman,
*

•

.y7

V

-

,

Outstanding

1"Authorized

-

further

their

sensitivity

Rayotube

high-speed

company's

speed of response of the
dete.ctors.—V. 180, p. 60. '

and

radiation

■

„

f

and

facilities

■

*

by .Sembodja to Harley Patents, Inc.
'
/;
The Harley items are based on the need for quick release
quick fastening equipment of various types required by modern
.

Secretary-Treasurer.

(

_

and
high,

The

and

1954

thereafter
59.

annually

1958.—V.

,31,

180,

p.

with

balance

final

payable

filed

corporation

registration

a

depart-

research

j

accounts in the radio,
fields
as
well
as
to
1953
totaled
$2,146,301.

from

ty.

Inc. avail, for fxd.
—V.

$1,371,624
231,426

1,047,059

84,761
'

—

179, p. 2597.

647,724

142,211

61,801

114,186

1

director,' it
Corp.

Foods

General

served

announced

was

years

many

on

as

Stock

Exchange.—V. 180, p. 254.

'

,

..This
will

been

has

July 20 announced that the

on

transferred

David

to

man¬

company

Louis

of St.

Lichtenstein

B.

associates.

Mr.

the

1, on its common
43 states.

its 78th consecutive quarterly dividend Oct.

Liberty has over 4,000 stockholders in

stepped

Levy, tonight
Chairman

became

.

offices in seven states^

66 small loan

22-year-old company with

pay

stock.

732,655 «

531,467

.

Levy, President,

his

and
"

$6,971,623 :
1,419,831
858,128 ?"

$6,531,277

150,871

chgs.

income

Net

'

$1,247,914

H.

agement

1954—5 Mos.—1953

1954—Month—1953

opers.

has

Liberty Loan Corp., Chicago, 111.—New Management—■

Railways of Central America—Earnings

revenues—

oper.

a

President.

Robert Lehman,

Francis

York

New

*

rev.

elected

been

Board—

on

,

1

.

has

Francis

by

Francis

VicePresident, Executive Vice-President, President and Chairman of the
Board.
He retired as Chairman of the Board in April, 1954,
and is
presently a director, and member of the executive committee.
In addition to his directorship in General Foods Corp., Mr. Francis
is a director of the Federal Reserve Bank of New York, Air Reduction
Co., Bendix Aviation Corp., Mead Corp., Mutual Life Insurance Co. of
New
York, Northern Pacific Ry. Co., and a Public Governor of the

SEC on
common

the

with

statement

and

21

Mr.

I.

.

The

for

-

International

Ry.

"■*"

Sales

2808.

P.

Period End. May 31—

Net

Harrisburg Steel Corp.—Registers With SEC—

;

and

Clarence

July

*

400 active
products

over
_

manufacturers.

device

179,

.

-

engineering

own

company

electric

electronic

Dec.

on

The

television,

—V.

maintains its
sells, to
appliance

company

ment.

air cargo planes, airborne military equipment and a
great variety of civilian consumers' needs and uses.
In payment for the assets of the Harley Buckle Division of Sem¬
bodja Corp., the company has issued 20,000 shares of its capital
stock,
calculated
at $1 per share,' has- paid
the Sembodja Corp. $5,000 in cash and has agreed to pay approximately $30,000 -additional,
at
the
rate of $5,000
a
year with
4%
interest payable on Dec. 31,
aircraft,

speed

.

Lehman Corp.—Clarence

down

Board

the

of

as

President

Directors,

of

the company and
Lichtenstein became

of

Mr.

immediately.

President, effective

new

In addition to Messrs. Lichensteih and Levy, members of the board
186,683 outstanding shares of its
Jakgray Co., Denver, Colo.—Files With SEC— .
; ,
of directors will include William A. Gerard, Lyle S. Woodcock, Anthony
to be sold
by certain stockholders of the <.
A.
Buford
(general attorney for Anheuser-Busch, Inc.), D. J. Harris
The company on July 12 filed a letter of notification with the SEC
through an
underwriting group headed
by Reynolds &/
President of Sills, Fairman and Harris, Chicago investment brokers)
covering 5,000 shares of common stock to be offered at par ($5 per
Co... The
public offering price and underwriting terms 'are to be;
share), without underwriting. The proceeds are to be used to pay for V and Allen J. Nix (partner of Riter & Co. of New York, investment
supplied- by amendment.
According to the prospectus, the oompany
brokers)',
■; ;
.<
...
'
'
has outstanding 628,100 shares of the $2.50 par common .and 199,880r •'expenses incident to manufacturing, buying, selling, distributing and j
Mr. Lichtenstein also announced that John L,< Wilson, Vice-President
*
shares
of
class
B
common,
$2.50
par.
The
three
selling
stock- : : dealing in. and with respect to all itypes. of articles, goods, etc.
and Financial Officer of Anheuser-Busch, Inc., and Edward J. Costigan,
holders, Eric H. Heckett (Board Chairman), Greta S. Heckett, and
partner in the investment brokerage firm of Edward D. Jones & Co.,
Leonard
J.- Buck,
purpose
to
sell
all
of
their
holdings of
they
Jefferson'ElectricJ Co.—New Clock Introduced—
both^of St. Louis, will be nominated as directors when the stockholders
common,
in the amounts of 97,388, 35,270, and 54,025 shares, ' re—.
A
new
clock, based on a ship's wheel motif, and incorporating the
approve
an
increase in the number of directors.
Among other ,St.
spectively.
They
will
retain their class B holdings amounting to:
"see-thru"- dial^of
Louisans
who have acquired substantial interests in
the company is
the poular /'Golden-Hour" clock,: has been In¬
102,044, 30,614 and 63,120 shares, respectively.—V. 179', p. 5. "
*
troduced by this company.
The "Golden Hour's" new mate is named '
August A. Busch, Jr., President of Anheuser-Busch, Inc., and of the

July

1954, covering
$2.50 par value,

14;

stock,

■

company

~

.

.

-'

.

:

•(the "Goluen Helm,'ana

Corp., Utica, N» Y.—Files With SEC—

Hart & Crouse

-

business

filed a letter of notification with thej
SEC covering $250,000 -of 20-year 6%
first mortgage bonds due Aug.
I, 1974 to be offered at 100% and accrued intere. t by Mohawk Valley;.
"Investing Co., Inc., Utica, N. Y., and Security and Bond Co.,- Lexington, *
Ky.
The net proceeds are to be used to redeem outstanding -bonds *
($71,335); to repay F.'D. I. C. notes~($25,Q00) and for working capital.
The

—V.

corporation

174,

July

on

called'byitne manu acturerr "a aistinguisned

:s

office

the

for

home."—V.

or

176,

1

/

Johns-Manville Corp.
Period End. June 30—

,

Subs.)—Quarterly Earns.—

(&

1954—6 Mos.—1953

1954—3 Mos.—1953

..

stock,

•

and

'A'

'B'" stock

•

Sales

•

66,192,920

59,380,045,

,

Haydock Fund, Inc.— Cincinnati, O. —Registers With

59,779,562 108,700,704 112,091,556 ;

Net

corporation

covering

July

on

filed

14

shares

25,000

of

registration statement with the
stock.—V. 179, p. 2473.-,

a

~

common

"Incl.

—V.

(H. J.) Heinz Co.—Sales and Earnings Higher—^
This

II,

$220,633,000,

President,

ployees.
I1

For

in

it

fiscal

sales

that the company's

annual

report

ended

April

the

on

dividend

stock

common

at

totaled

payments

Mr.

1954,

company's net'earnings,
needs.
This
iinahcia.

capital
v

'"Our

"At the

close

$110,400,000

and

In

in

Heinz'

British

records

in

of

Sales

Mr.

sales

stated.

Heinz

amounted

current assets totaled
to $33,200,000, leaving'

volume

and

22

established

all-time

new

varieties

Heinz

new

substantially

recovered

has

record,'

•

diminished."—V.

were

178,

:

297.

p.

company

there

are

will be lodged with a single
more than 4,000 now.
The

C.

It

above.—V.

179,

their

to

ores.—V.. 180,

The

i

announced

recently

the

of

long-range

Inc. and,
position

lithium

important

157.

p..

company

the

of

reserves

Idaho—Files—

*

notification with the SEC
at par (1 cent
be used to pay
incident to mining operations.—V. 177, p. 1474.
July

on

filed

12

a

letter of

covering 6,500,000 shares of common stock to be offered
per share), without underwriting, (The proceeds are to

Offered—20th f

Inc.—Stock

Co.,

Electronics

'Kendon

top

Little Queen Mines, Inc., Atlanta,

2597.

p.

on

move

entered into between Lithium-Corp. of America,
Corp., will further enhance Lithium Corp.'s

Lithium

with-respect

System—Acquired—

Trans Inc.

R.

this

that

assumed

Is

agreement

Quebec

$6.45
$1.13 '

$6.13
$1.01

preferred stock

of

'

2573.

p.

&

pleted.

the

losses

of the
which

of

preferred stock, now outstanding is convertible into the class 'A' £tock.
"Thus, when the preferred is fully converted, and approximately
100,000 shares of common is
set aside for purchase by employees,

.

share;

Keeshin Freight
See

recession in Australia during 1952-1953.
In the last; six
months of the past fiscal year, sales increased materially and operating"

<

$4,515,000

$4,289,000

per

178,

—V:

sustained

setbacks

;

control

way,

stockholders,

but

equipment

new

3,783,780 shares of common stock__

On

introduced'

were

were listed.

the

from

for

users .eager

700,000 shares

On

Prospects for the Heinz business in Australia are generally improved
Heinz
said:
"There
is
every
indication
that
our
Australian'

during

9,100,000

profit

Earnings

-

Mr.

Company

5,690,000

—.

-

in Canada and nine new sizes of existing products

tool

high

income.

likewise were the largest on

company

of

net

5,230,000

^

operates companies
Net

again

once

total

A

.

:j4 -j.-iu/.

'

..

company's

,

.

Canadian

the

^

the

(

a,

stock.

common

3,920,000

of

to -be sold slightly higher -than book value, and common stock 'B' has
Service—
been eliminated, there will be about 650,000 shares of stock outstanding.
"The
shareholders will be
requested tc increase the authorized
shy of the cash
number of shares.
One purpose will be aimd at a subsequent stock
purchase price were joffered what was termed "the most flexible and
complete financing and leasing plan in the field'' today by this com; split, and another to acquire additional small loan companies."—V. 175,
pany, one of the
world's largest makers of machine tools.
p. 1541.
'
The merchandising programs,
worked out by J&L with C.I.T. Corp.,
industrial financing iirm, feature a true lease plan running for periods ,
Lithium Corp. of America, Inc.—Acquisition—
of up to nine years and an instalment financing plan with five-year ;
In
a
move
to
further
consolidate their holdings of lithium
ore
terms.
Also available, in addition
to straight cash purchase, was a *
properties in North America, - this corporation has acquired 100% in¬
leasing plan permitting an option to buy.—V. 175, p. 2378.
terest in the Cat Lake, Manitoba Canadian properties formerly owned
by Northern Chemicals, Ltd.
Kaiser Aluminum & Chemical Corp. (& Subs.);—Earns.1
These substantial properties have been held by Northern Chemicals,
Ltd. in which for some time Lithium Corp, of America, Inc. has held
Quarters Ended May 31—
1954
1953
Net
sales
1
$55,370,000 $59,301,000
a
substantial,
but not controlling, interest.
In a recent move, the
Lithium
Cost
of product
sold, selling,
administrative,
corporation acquired 100%
interest in Northern Chemicals,
Ltd. by means of an assignment of Northern Chemicals, Ltd. to th.j
general and other expense—
41,369,000 45,160,000
Interest
1,800,000
2,011,000
American company.
I
At
the present time there
Normal depreciation and depletion
are no mining and
recovery activities
4,119,000
3,285,000 ;
Provision for Federal income taxes
3,793,000
4,330,000
although some diamond drilling and surface trenching has been com¬

Australia.

and

company

both

■

of

United

Canada

Enlgand,

ti.

■>.

year

con-;

the business, for

in

share

per

43rd

common stock. J
to $3.09 per share

$77./.-v. juO
■
States business, Heinz

i

i

$1.32

,

share.

per

the

stock totaled $316,757.
equal to 60% of the

preferred

liabilities

current

ramg cap v
addition to its

net >

a

£

»

fiscal

the

of

to

quarterly;

pay

$1.80

was

year were
$2,228,905 to use

leaving

amounted

on

compared

to

of

rate

This

paid

were
as

Dividends on the 3.65%
dividends paid during the

ye^ar, ago.

•/Total

annual

an

of

taxes

will

.

that

"In
class

179, p. 2248.

Machine

stated'

Heinz

income

to

that

conditions

'Jones & Lamson Machine Co.—Marketing

1

28,

$3,040,014.

secutive year in which dividends
Earnings per share were $3.12

;

•-

sales

net income increased to $5,586,000 from $5,546,000.-

During the.past fiscal year the company continued
dividends
These

»

all-time

an

July 20 by H. J. Heinz
to stockholders and em¬

on

$219,574,000.

were

which

year

setting

by

year

announced

was

firm's

the

Last year's

the

its. 85th

completed

company

of

record

11,356,849 1
4,751,620 i$3.58

receive

stock

of: that

holders

the

8,028,069
4,760,132
$2.53

$1.71

incentive to increase the assets of the company
marketability of all of the company's securities.
small loan
company
merges
into Liberty, a plan

any

the

submitted to the Liberty

will be

$2.02

5,435,663
6,413,358
2,380,937 ^ 2,376,332

earnings

Dividends.

Commission....

Exchange

Earnings per share

The

r

EEC

and

to

intends

also

another

restrictive

Securities

management

new

the two classes of common
only one class of common stock. The

approval,

and institute

stockholders to eliminate the 'B' stock,
class 'A' common stock under
not affect the dividend policies.
The
holders of all 'B' stock will be treated alike.
.*

123,448,405

116,728,773

64,815,708

^Expenses and taxes

"the

stockholder

to

'B,'

lacks

retards

and

"When

\

i

subject

that

said

Lichtenstein

Mf.

remove,

;

Cardinals.

Louis

St.

1769.

p.

14

2356.

p.

gift

r

for expenses

pay

Pioneer Securities' Co., New York City, on J
July 20 offered publicly 150,000 shares'of common stock J
(par 10(5) at 250 per share.
..The net proceeds are to be used for working capital
and general corporate purposes—V. 179, p. 1933.
Century

Powder

Hercules

Ended

Months

Six

Co.,

Inc.

-Quarterly

Report—
1953

If 54

30—

June

s
Gross

sales

Other

and

income

"

I

:

and

Other

27,316,028.

4,339,207

;

foreign taxes

taxes

1,411,937

-

—

Six Months Ended June 30—

sales

,Net

of

Cost

13,506,107,

Dividends

on

Dividends

on

r_—

stock—2.50%

preferred

•

6,753,996

:

$2.58
i

Two

$1.10-

$1.10

Net

12-Bs to PAL—

SEC

20,000

covering

shares

of

wiuroui underwriting.
The proceeus
restoration and remodeling of properties.

to

u.e

'

be
'' '

•178/pc387."

v.

Sales'——————
V.
'

•

'

V-

■

.

The

be

to

St.,

at

three

a

cents

per

of notification .with the.
stock (par one cent) to
through J.
Arthur Pett,
345

share

City, Utah. .The net proceeds
incident to mining-operations.

are-

to'

be
^

used,

•Federal

gram.---V.

180,

p.

company

254.

creasing

July

19.

interest

plans
in

expand its
automation

to
the

~

it.

the

which. laminated

company

sockets




manufactures

represent

half

was

electronic
the

light uf
announce'd

in' the

*

.

Currently,

facilities
field,

'

business.

\

// /.

Co.—Earnings

income—/

>;

i

Net

Net

;

—V.

'
1953

'

State
■

taxes

on

58,4245

;

income

(esD—.—
-J. ■

■

y <

earnings
per

179,

p.

common

1480.

'

•

share—
;

'

*787,400

,

.

in¬
on.

:
components,: of
With the-tie--

■for

1"5-21,

•follows;

new

automatic

control,

,

order

which" Is

for

arfienan

and

sonar

patterns,

computed

outputs or

$196,052
—1$0.43'

t—

1481.'

$211,713
$0,47,

'.'•'•■■

..

>

(Canada)—Profit Improved

profit for the second quarter

$133,496 for the same
Included

in this

*SEC

Co.—To Sell Notes—

issued

has

an

order

■

.

.

.

< •

>

authorizing this company to 4S$iO
and sell to its parent, The Columbia Gas System,
Inc.,
'
time to March 31, 1955, an aggregate of not to exceed $14,160 890 cl
3 '/2 %
in1 tallment promissory notes.
Proceeds are to be applied uj
Manufacturers' construction program.—V. 179, p. 2371.
The

I

City, Mo.—Stock Of¬
fered—The First Trust Co. of Lincoln (Neb.) on- July 8
Marsh

c '•
;. •
ca'led Series 60, for use with either

Speedpm-v
or
MtrT,rrm.T -in«^nnnents;-Sp^edomax G Recorders for
a wide
variety of research work (one of which will include the Polar RecA

p.

1953_

1954

30—

earnings after taxes—
179,

Earnings

Anderson, Ind.—Semi-Annual

Corp.,

Manufacturers Light & Heat

,

•

by Leeds fc, Northrup
Philadelphia, 'Sept.

of better products—V*. 179,

of 1954 was $182,568 as compar> <1
period in 1953, accordipg to M. A. Thomscn,
profit is the assistance payable under the
ETnergency Gold Mining Assistance Act, which amounted to $157,178-a*
against $162,388 for the second quarter of 1953.—V. 179, p. 2039.

Exhibit New Products—

principal lines of equipment-are announced
their exhibit at the1 Instrument Sqciety Show,

the expiration of

Months Ended June

Net

1,885,000 ;

' "

-Four

$644,000 to $1,268,000.
He credited the
the excess profits tax, improvement in

amount .of

previous

President.

»
■

16,0472,731
f ,*51,250

Net earnings after :taxes

per

In

Malartie Gold Fields Ltd.

—-.■*.* ■"1»—'•
$713,314
$849,553 ' ,
$1.75 * "
$2.10

'

the '19*52-1953' period.

than

cents

Earnings per share

•

13,500,058

amortization.

1954.,- soared to a record $3,544,000
the dollar volume recorded the year
announced.
"

2371.

Six

$15,059,017 $18,828,534

and

the

gains to

new

$15,036,145 $18,820,987
22,872
7,547

—

President,

operating efficiency, and wider acceptance

'

1954

34

to

Lynch

Lower—

*

Leeds 4c Northrup Co.—To

Industrial Hardware Manufacturing Co., Inc.—Expands;
The

*

*

"

Lunn,

previous year.

-from-

;$518,570 •
$1.57

!

has received SEC

company

and

Earnings

Indiana & Michigan Electric Co.^-Bank Loans—
The

*

cnarges.

'-if,

—V*

\,f

authorization to issue $6,000,000 ofshort-term promissory note; to
four banking institutions.
The pror.
ceeds will be used in connection with the company's-construction i^ro.

—

.

sold,-selling, administrative and
inc'udmg allowance for de-

goods

IntertSfe

letter

'

■

of

preciation

common

Lake

expenses

pay

13 filed
shares of

July

5,000,000

Salt

offered

State

on

company

covering

,

ren^'"J expenses,

Imperial Uranium Co., Salt Lake City, Utah—.Files—

SEC

172,371 ''

1954—28 Wks.—1953
$569,235,449

income

Total

Cost

r
-

...

.$662,594
$2.10

$1,393,000,

times

share as compared to five cents per share' in
the past year, stockholders' equity increased, to
$533,000 or $1.33 a share from $328,000 or $1.01. per share.
Mr.
Lunn said
that the companyls gross' assets doubled, increasing
amounted

the

p.

,

other

-

>•

(

.

■

.

i

ended Aoril 30,

year

2 Vz

$244,000 more

or

54,209 -

with

■

-

'

$1,6J8.044 /

717,810- '•►.• •921,903 '

Up—

Sales

1

sales

Miscellaneous

$2,106,633 $11,722,363 $12,674,700

$1,957,703

179, pp. 2141 and 2706.

'

"

Sessions

&

'

*

Gross profits also showed substantial .gains, Mr. Lunn declared, point¬
ing nut that $540,000vwas realized this past year as compared- to
$194,000 achieved in a corresponding period the year before.
Net income before
taxes for. the 12-month period reached $272,000

~

.

1954—4 Wks,—1953

Six Months Ended June 30—
Net

\

" 1954—6 Mos.—1P53

1954—Month—1953

'

'

'

'

f

p.-60. V'/

180,

157.

p.

...

$1,584,302
.•, 93,742

.,

$83,473,872 $81,072,566 $587,925,198

Lamson

-

/Howard Stores Corp.-^Jtine Sales Off-—
Period End." June 30—

^

profit

for the

James S.

before,

6,743T• '.."10,931

'

u

taxes.:

Kroger Co.—-Current

used
-

i

Federal income

for

180,

Laminates Inc.—Sales Hit Record Level—

nearly

or

677,977

etc.—,—

bonds,

Per. End. July 10—

a

:,($l-4>er':thare),
to ;pay.-for

on

Sales

letter of notification with , thecommon stock to
be offered at par

filed

28

June

on

$1,588,864
—99,480

—

Earnings per common'shiare (on 272,136 shares)
—V.

Historic Georgetown, Inc., Washington^!). C.--Eiies—
corporation

Sales

3,463,028'

T' 53,875
'Depreciation *and amortteation/i.-—187,322

Philipine Air Lines is taking delivery of two more 3-place Hiller
12-B helicopters- for operation in the Phillplnes.
These are in addl-'
tion to the two 12-Bs which PAL bought las year.—V. 179, p. 5.
J

The

.

3,447,842
728,385

^-.-™^; $1,628;344

Interest

Provision

More

income

income

Miscellanecus deductions

$2.44

179, p. 1721.

HRler Helicopters—Sells

—

—

sold—'—

goods

Total

2,945,731'
2.677/37.

._

/

betterments.—V.

Lunn

1953
'
$5,725,307 '

218,720

'218,720

2,952,758

shares outstanding—_
Earned per share of comihon stock—.—
:
Dividends paid a share of common stock
—V.

Other

2,684,508

stock—-..—

common

Average common

1954
$5,715,091

.

Selling, general and development expenses..
Profit before other

Net income

--

•

1,349,726

7,150,605

:

'

t.v

4,576.430,

8,062,40.4

amortization.
on income..

and

49,947,332.

company

Co.—Earnings Higher—

Fibre

Keyes

46,136,831
28,306,.'"45

services

and

Wage and salary costs
U. S.

103,449,619

and

.

Purchased materials

Depreciation

'.16J.517

95,907,929

'

103,280,102

,265,334

—

j

RR.—Plans Financing—

Nashville

&

plans sale on Sept. 30 of $30,350,000 first and refund¬
ing mortgage bonds.
\
The net proceeds will be used to retire $24,610,000 Atlanta,
Knbxville
&
Cincinnati Division 4s,
due May. 1, 1955, and for additions
The

'

>

Total

$

95,642,595

operating revenues-

inetu

Louisville

Corp.,

Steel

No. Kansas

shares of common stock (par $10) at $17.f )
share to residents of Missouri and Nebraska only.
net proceeds will go to Marvin B. Marsh, President, who is t.> .3

offered 2,850
per
_

.

*

physical quantity which may be measured as a function
of
angular displacement); a new panelmounted pH indicator for industrial geryice which is said to be completely moistureproof without
use
of desiccants, and will be mounted with a stream of wash-down - *
flowing down its panel;-and the fourth L&N exhibit will demonstrate

The

selling stockholder.—V.

180, p.

157.

'•<•

.

any'other

Master Television,
The

company-on
i

r\nn

cha

July

roc

With SEC—
.V
of notification with the SW ^

Inc., N. Y.—Files

14 filed a'letter
f)n<:<:

A

stnrk

to

be

offered

at

par

($100 >

i*

8

The Commercial and Financial Chronicle

(352)

puncipal amount, without
for working capital.

of

debentures

The

debentures to be offered at ,100%
underwriting. The proceeds are to be

10-year 6%

and $19&,000 of

share)

100.03%

used

sales

N*t

1954

30—

Nine Months Ended June

$27,736,677 $23,988,128

——

—-

1953

Oct.

2,301,786

2,011,194

1,292,000

1,365,000

*M<>9,786
330,397

Income before Federal taxes
Provision for Federal taxes

count,

$646,194

;—-—

consumer

N.

or

used for working capital.

to be

are

was

of

business

The

income

Net

$3.06
1954 representing 8%

Earnings per share

shares issued on July
declared May 27, 1954.

12,

24,473

•Including.

stock dividend

stockholders

number

maximum

authorized

V

;

:

amendments

the

to

Letknder,

A.

The

headed

an

A

publicly 300,000 shares of common stock (par $1)
$16.75 per share. This offering was oversubscribed.
but

company,

to

An

held,

and

at

is

Houston,

in

Latest

ended

year

net income of $2,457,402,

March

31,

the

1954

this

at

time.—V.

180,

158.-'

p.

stock

July

on

21

of

•

*

:

v

of

•

,

applications

that
the

July

shares

offering

Provision

offered
to
for each

share

one

Shares

MARCH

OF

a

total

of

date

of

for

has

shares

493,737

Long-term debt

be

obtained

of

remainder

devoted,

that

time

-

in

•Of

$1)__

(par

amount

this

$1,469,601

by

represented

by

Life

in

the

proceeds

Society

will

serve

180.

offering

the

Merritt-Chapman

of

60.

P.

The

&

raised

Scott's

shares

reserved

are

officers

and

UNDERWRITERS—The
shares

of

thereof

stockholders

each

has

Foreign

Stock

the

principal

offered,
agreed

the

and

to

underwriters
number of
from the

purchase

50,000

Kuhn, Loeb & Co
Lazard

Freres

4,000

Lehman

Brothers

Bacon, Whipple & Co.

3,000

Carl

Loeb,

Btirge & Kraus__

M.

McCormick

8,000

Merrill

Inc.

and

Boettcher

Co.____

2,000

Co.

•

PROCEEDS—The

20,500

179,

825.

p.

made
of

-

Dodge

$210,000

June

Fancoast

Drexel

Lynch,

—

Jackson

Webber,

Curtis

— ___

5,000

&

Co

180,

Sons

2,000

Stone

8,000

Moore
&

&

Co

•

5,000

G.

Labouisse,
2.000

H.

Chas.

.

5,000

The

existing

of

SEC

bank

authorization

aggregate
be

called

used

for

to

maximum

to

and

pay

redemption

West

115

Co.,

46

Monroe

Wall

Neuhaus & Co.

Common

stock

proceeds

&

Walker
B.

& Co

White

&

—

Co.l

5,000

1,000

to be

are

Witter

incident

expenses

1,000

trailer

8,000

St.,

issue

promissory

principal

Co.—

&

Sales
first

on

went

-proceeds

company.—V.

179,

was
to

York

New

Corp.

1954,

Frank

H.

a

provision

share.

"construction,

or

Y.—V.

•

•

Jennings,

a

director

share.—V.

the

Other

income

-

129,952

income.—_ $26,209,328

Cost of products soldSelling and admin, exp.

Depre.
Int.

depletion.—

and

and

■

expenses

long-term
Fed.

and

state

193,869

taxes

-

"

The

1954

and

were

♦After

394,757

351,406

1,856,867

2,640,268

3,993,749

$2,473,349

$2,586,665

$1.04

-

$2.01

The

•

for

its

consolidated

dividends

subsidiaries

provision
for
preferred
dividends
and
based
shares presently outstanding.—V. 179, p. 2143.

20

,




in

and

Utah

50,000

78

on

acquisition, exploration and develop¬
properties.
The
company
is no

the

vanadium

not

has

principal

office

located

is

Y.

N.

yet engaged in any business except
operation interests in certain properties.

for

claims

to

as

sold

were

claims.—V.

company

179,

the

to

2809;

p.

to

to

be

used

to

the

July 20 filed

on

issue

an

and

mining

quitclaim

by

company

-

"

-

the

Commission

request
to

of the

than $1,615,000 will be

to

or

therefrom

given

loans;

due

of

Aug.

until

persons

$1,585,000

Aug.

proceeds

the

will be

$5,500,000

1,

6,
are

applied

first mortgage bonds, 414% series
and the balance of- not

the redemption of such bonds;

upon

program

Financing—

bonds,

mortgage
interested

thereon.

outstanding

1983

less

house

first

short-term bank

repay

payment

has

hearing

a

" "

~

registration statement with the SEC

a

$8,700,000

of

due

applied

reimburse

during

1954

the

to

the company's

company's

construction

for

from

for

the

bonds

1954 construction

treasury

expenditures

for

purposes.

.

the

$2.12

were

a

$2.51

a

and

for

are

Securities

to be

general

shares

U.

income

S.

common

Net

ry.

corporate

stock

for exploration

pay

drilling'

and

purposes.

Investment
Just

shares

Co.

recently
its

of

of

placed

capital

the

on

market

Offered—

a

new

5,632,000

9,249,000

696,148

.4,110,921

1 4.228,598

1,729,906

8,067,077

11,052,103

1,400.772

5,794.744

8,990,092

$0.50

share

com.

preferred

dividend

$0.60

based

and

of June 30,

as

23,700

whoch
Oct.

America—Stock

1,434,500

716,565

inc—

New

at

1954,

be

made

York

of

recently

were

1,

shares

15,

at

$llt)
the

$3.88

shares

common

...

V.

preferred

cumulative

redemption,

drawn for
per
share

(see

of

-

6%

plus

accrued

Guaranty Trust Co.

N. Y.

$2.32

number

on

1954.

Partial Redemption—
The

Period

1,193,787

per

outstanding

York,

Period

1,539,480

Income

common

-

1954—6 Mos.—1953

June 1953

1,152,500

accruals-

operating

•After

,

to

used

of

taxes_____

tax

ry.

2680.

p.

$12,441,172 $13,951,467 $70,292,284 $83,196,460

income

Other

177,

Earnings—

1954—Month—1953
June 1954

common

Corp., New

& St. Louis RR

Period End. June 30—

Net

1953

to

through competitive Uidding —V.

sales
Gross

equal

will be sold

New York, Chicago

Corp., Salt Lake City, Utah

1,450,000
share.

per

proceeds

the

investment

John G.

by

179,

of

series A,
will be redeemed on
dividends. J Payment

New York,

2707).—V.

p.

stock,

180, p.

140 Broadway.

61.

'

-

offering

stock

1,172,053

and

company

Haslam,

the

President

distributing organization

of

are

New

Trust
and

York, New Haven

Hartford RR.—Equipment
Bros. - & Hutzler

&

Offered—Salomon

Certificates

net

assets

and

offering

mission Is 7%.

June 30, '54

five

The

OF

25,
10

1954,

cents

cents

net

'.:

1.75% to 3.25%.
Issued under the Philadelphia
Plan, the certificates mature annually Jan. 1, 1955 to
1969, inclusive. The; offering is being made subject to
approval of the Interstate Commerce Commission.

price

NET

asset

per

share

per

ASSET

$6.80

share
per

$66,907

with

$7.31.

was

shares

9,843

Sales

VALUE

paid

a

issue

com-'

15

share

June

30,

are

the

installment

final

$12,786,000,
and
are
secured
by
equipment estimated to cost $17,040,000.,-.
members

Corp.

the

of

and

offering

Stroud

& Co.

group

are:

Inc.—V.

of

3%s.

as

proposed

a

standard-gauge
Drexel

180,

p.

&

railroad

Co.;

Union

255.

/" Dec. 31, '53

New York State Eleetrie & Gas

$6.03

,

cents

per

investment

The

share,

1954, ,(adjusted for the

for

common

ended
-

Corp.—Earnings—

corporation on July 22 reported that the balance of net income

available

income,

.......

on

..

which

of

Securities

SHARE

$6.41

.

dividend of

paid - from net
captial gains..

was

from

PER

Jan. 31, '54

„

certificates,

The

awarded to the group on July 22 on a

Halsey, Stuart & Co. Inc.. bid 98.5073 for the certificates
-.The

Other

...

share

value

were

Mar. 31, '54

company

per

31, .1954

were

bid of 98.3833.

,

.,_■•

May 31, '54
$7.45

June

which

and

-

.

$7.49
On
of

March

on

on

from

...

Total

associates

July 23 offered ."$6,180,000 of J3%
equipment trust certificates, series B, at prices to yield
.

certificates

H&slam

Associates, Inc., a
financial and business consulting firm, also at 32
Broadway, New York
City, Mr. Haslam specializes in the valuation of closely-held companies
for estate and gift tax purposes.

outstanding,
on

publicly
10-year debentures due July 10, 1964 at
(in denominations of $10 each). The offering is
.

underwriters and

in

July 22, 1952, from Canadian Radium & Uranium Corp. to
wherein Canadian sold and quitclaimed the unpatented

66

of

1954,

With

•

offered

at 200

100,000

Both

$250,000 of 8%

underwritten.

the

to

incorporated

was

claims in the Henry Mountain Mining District, Garfield
Utah, subject to a purchase money mortgage in the sum of
payable to Canadian.
The
company's right
to certain of

covering

298.

$11,434,961, which,

year are

is

2371.

TREND

not

748,000 shs.
*150,000

150,000

issued

be

Outstanding

2,000,000 shs.

New Jersey Fewer & Light Co.—Plans

period in 1953.

preference

Mesa Uranium

company

headed

$2.10

Mechanics Finance Co., Jersey City, N. J. — Deben¬
tures Offered—The company on July 10 offered

100%

to

are

generally

lease

of

dated

lent

.

194,364

$1,279,038

$1.05

FINANCING

PRESENT

TO

these claims, Daisy June Nos. 7 and 8 and Congress Nos .14 through
inclusive, appear to be in conflict with school rights.
Accord¬
ingly, the company makes no representation as to the validity of
these disputed claims and deems its holding to consist of the equiva¬

.

$1,128,161

shr.__>

EFFECT

,

'

com.

claims.

mining

new

President.

uranium

and

$70,000

(par $1) at the market-price,
—24 Weeks Ended-plus commission. -The registration became effective June 29.
Jun. 14, '53 Jun. 13, 54.Jun.14, '53 «
v
Distribution will be made through the MICA Fund Distributors, Inc.
;
$26,460,149 $51,340,317 $52,382,667 '
of 32
Broadway, New York City, -which was recently formed to aci
<
155,925
287,248
236,485" '
as
the distributing agent.
.«.•'•
,-v
"/The company is- a -diversified open-end management type of invest-,
$26,616,074 $51,627,565 -$52,619,152
ment
type of investment company.. Formed in
1938,
the company
20,926,705
41,119,989
41,073,012
operated/ prior to this year, mainly in the State of Michigan. At the
1,675,972
3,492,866
3,285,547
end of
1953, new management entered the picture with the idea of
683,128
1,506,346
1,328,773
expanding the company's activities mother areas./

1,380,444

•Earns, per

exploratory drifts, under¬
and other geological
and
and/or for the acquisi¬

mining

The

$170,109,549, down 2.8%

Offered—Hunter

net

expenses

of

on

earnings

common

748,220

on

debt

income

Net

20,829,797
1,768,837

of

GIVING

100,000

engage

County,

at
180,

.

Total

payments

company,

will

$26,079,376

be

(par fiVe cents)purchase warrants

Lasher,

total

lode

1

of

179, p.

July

on

the

of

—12 Weeks Ended—

—

mortgage

the company's properties

on

company

The

178, p.

operation and maintenance of

Earnings for the first six months of

Mountain

dealer's discount

(& Subs.)—Earnings for Quarter—

sftles—u_—___.

to

company

its

meet the mortgage payment
balance of $190,000 for the
used for working capital, 'in¬

to

the

and

a

29

deed

of

all

111.,

N.

bank loans.—V.

Earnings for the first six months of this
after

Co.—Secondary Of¬

share, with
completed.

Jun. 13, '54

Net

meet

$10,000

1954,

subsidiary of Associates.
Its
Broadway, Room 1707, New York,

A

90,

15,

to

The

on

of $175,044,261 for the same

Mutual
Mead

next

to

of

at

2809.

p.

the

Inc.,

longer

acquire

18,

Aug.

Chicago

St.,

used to repay

company,

months

(par 50)

It

to use the anticipated net pro¬
$10,000 borrowed from One Hun¬

intends

repay

ment

Milwaukee's

Sites,

to

this

of

six

Cleveland, O., at $23
net

Martin

and

of

amount

discharge

Corp.—Bonds Placed Privately—

parks. ' """*"

—Stock

$1 per share.

Brothers, both ofvNew

4,000

Engineering

per

or

July 6, 1952,
as
the wholly owned subsidiary of One Hundred Associates of Amer¬
ica, Inc., for the purpose of acquiring interests in certain properties

has sold $1,150,000 of 3 *4% first mortgage

The corporation

.r

fering—A secondary offering of 4,300 shares of common
stock (par $5) was made on July 6 by McDonald &
Co.,

The

which

•Of

July 9 filed a letter of notification with thfe SEC
covering 68,000^ shares--oT common stock to be offered at par ($1 per
share), without Underwriting.
The proceeds are to be used to pay

2,500

Robbins,

Machine

months of 1954,

rates

Authorized

•Earns,

McNeil

at

drilling, driving of
work,
road
building,

development

stock

179,

loans.—V.

Inc.,. Monroe, Mich.—Files
Securities and "Exchange Commission—

Inc.—Secondary Offering—A »
secondary offering of 24,800 shares of common stock;
(par $18) was made on July 22 by Carl M. Loeb, Rhoades
& Co
at $42 per share, with a dealer's concession of $1 per share. It was quickly completed.—V. 179, p. 2706. "

of

and

1984;

White, Weld & Co

3,000

Gas Service

Mobile-Home

8,000

White, Hattier & Sanford
Dean

&

the

for

Common

/'/, Monsanto Chemical Co.—Semi-Annual Sales Off—
McKesson

of

expenses

CAPITALIZATION

Webster Securities

Corp.

157.

p.

tion

Co. and Central Life Assurance Co.

surance

2,000

-

enter

Com¬

bonds due 1979 to Union Central Life Insurance Co., Life
Insurance Co. of Georgia, Columbian National Life In¬

8,000

___

been

The company

5,000

.

Smith,

Co.—-I.—

July

funds

to

the
31,

1954,

development

make

the

255. \

Mobile

Smith, Barney & Co

8,020

ta

compared

as

23,

&

1,000

Ingalls & Snyder—
—V.

have

p.

5,000

Co

Underwood,

&

to

may

and

4,000

Northwest

Schwabacher

Weil,

1954,

Trust

5,000

Hutton & Co

will

Bank,

5.000
Townsend, Dabney & Tyson
Tucker, Anthony & Co._
•5,000

E.

it

which

1, 1954, of which $5,400,000 were outstanding
and to finance its construction program.—V. 180, p. 61.

Savings

2,000

Frledrichs

under

$23,000,000;

Aug.

Banker's

Hornblower

W.

15,

due

the

in

the

•—:

Weeks——._

payment

received

banks

Proceeds

and

Hemphill. Noyes -& Co._-_—• -5,000
Howard,

six

There

1,000

&

authorization

for

of

the outstanding first mortgage bonds, 3%% series due 1981 at 103.72%
acrcued -interest.
Payment will be made at the Harris Trust

2,500

&

the

has

company

8,000

Russ & Company

Glore, Forgan & Co.—
Goldman, Sachs & Co.__

for

3,000

.,

4,000

Robert Garrett

SEC
banks

amount

Missouri Power & Light Co.—Calls Bonds—

2,000

.1

the

seven

to

to

June

Pierce,

Rauscher, Pierce & Co., Inc.

Marshall.

&

to

with

aggregate

and

Rolan, Mosle & Cooper

Fridley & Hess.

funds

$10,000,000.
3'A%
notes

2,000

8,000

Southwest Co

First

Foster

Co

&

5,000

Equitable Securities Corp.—

the

Milwaukee Gas Light Co.—To Borrow—

8,000

Moore, Leonard & Lynch—

2,000

——

Co._

amounted

1954,

has

This

8,000

—

Milwaukee Co.—

Paine,

'

applied

agreement

in

provide

the

Dillon

&

of

(Utah)—Stock Offered—Jay

Corp.

America,

10,

exploratory work

2707,

p.

shares

Co^—_______

&

Eastman,

branches

months

reported-

for the six months of 1953.

company

first,
of

due

$10,000

ground

given interested persons until Aug. 9,
1954, to request
a
hearing thereon.
The contemplated borrowings are for the pur¬
pose of providing temporary financing of the company's construction
program during the current year and the early part of 1955, and also

selling

Pacific

Robertson &

Dewar,

of

5,000

Co.—

&

has

company

credit

a

mission

Option

5,000

_________

and

being

on July 14 publicly offered 298,000 shares of com¬
stock (par five cents) at $1 per share "as a specu¬

mon

general

Rhoades &

Fenner & Beane

The

George D. B. Bonbright &
Clark,

(excluding

profit

York,

of

8,000

3,000

Co.,

._

Co.

5,000

William Blair & Co.—_____

Blyth

&

six

converted

were

Uranium

National

other

1,695,965 the total out¬
authorized 3,000,000 shares.

Associates

This

a.uoO
Co._

&

A. C. Ailyn & Co., Inc.—

Bali,

currencies

dred

notes

Dominick

&

the

$2.83

branches

and

consolidated

to

company

borrowings

Shares

Peabody & Co.—_ 30,000

Kidder,

during

taxes)

BUSINESS—Corporation

Shares

Dominick

subsidia«ies
the

1,969,807

$2.59

of exchange, official
free, prevailing at May 31, 1954 and May 31, 1953.—V. 180, p. 158.
.

ceeds

into

3%%

the

of
in

5,570,465

outstdg.

now

foreign subsidiary companies

(after

—V.

follows;

as

are

above

severally

under

profits

included

7,133,912

•

of

names

stock

common

which

issuance

for

employes.

key

12,704,377

$2,411,466 during

has received SEC authorization to issue and sell an
shares of its no par common stock to its parent,
General
Public
Utilities
Corp., for a purchase price of $2,050,000.
Proceeds will be used to meet in part the issuer's construction program.

to

X 25,000
Plan for

all

of shares

no.

W. Kaufmann & Co. and Vickers
of

$

11,792,871

2,173,382 '

on

not

are

of

1953

-*

$

6,165,806

compared with $1,044,236

as
,

from
The

United States.
for further expansion and
the

of

1934

*

123,219,137 123,601,405

branches which amounted to $2,020,690 during the six

through

on

Assurance

of

the.
$4,050,000
$4,500,000

proceeds realized

purposes.

additional

2,000,000 shs.

a

*.

*

lation."

mortgage
note payable to a bank, due $10,000 monthly from July 20, 1954 and
secured by a lien on a derrick barge.
Repayments of long-term in¬
debtedness between March 31, and May 31, 1954 aggregated $294,652.
was

'

the same period of 1953. Included in the net
profit shown above, are the profits earned by the Canadian subsidiary,
and cash dividends received
from foreign
subsidiary companies and

Scott's

&

diversification

and

with

Metropolitan Edison Co.—Stock to Parent—

Outstanding

12,500,000 shs.

------

*

"

5,627,065

share

$3,265,548

ad¬

of

.

-.

the

many

as

offerings

part, to retirement of the
the 10-year, 4'/2% unsecured
Merritt-Chapman & Scott in March,
1953,

subscription

standing

*$2,110,101

—______

stock

Common

"

unremitted

Canada)

Michigan Consolidated Gas Co.—To Borrow—

Authorized

existing notes

off about $1,000,000 of

pay

outstanding

•The

he

offer,

the

Merritt-Chapman

expansion

v.'...,

announced

outstanding

Equitable

Full

further

a

third

the

oversubscribed

facilitate

to

for

marked

heavily

V /

now

corporate

1954

31,

to

for income taxes

per

cluding
AS

used

Net profit

Wolfson, President

Louis E.

expiration

19

this

had

designed

program

will

balance

that

noted

shareholders

Wolfson

Mr.

after taxes.

CAPITALIZATION

be

Profits, after depreciation and maintenance

additional

corporation

basis

by

•

Profits

—V.

will

panies and branches

Earns,

of

as

Wolfson

ditional

the

funds

Six Months Ending June 30—
'
"
Sales, including sales of foreign subsidiary com-

to Share¬

282,661

the

this

of

the

on

•

•

oversubscription
share

per

figures show

that

loan

can

National-Cash Register Co.' (& Subs.)— Earnings—i

-

Chairman.

continuing
operations.

had

company

by 75%—

common

$21

announced

was

received

Mr.

Texas.

the

at

Board

years

provides enginering and construction services
to major and independent .companies in oil and gas operations in the
inland and offshore waters of the Gulf Coast area of Louisiana, Texas,
Mississippi, Alabama and Florida.
The company also produces and
sells oil and gas from properties in Colorado, Texas, Wyoming and
elsewhere.
It holds leasehold and fee acreage in various states, and is
actively engaged in exploring for and developing oil and gas production.
For the 1954 fiscal year the company drilled or participated in 119
wells of which 69 were completed as oil wells and one as a gas well.
In the year ended March 31, 1954 the net crude oil and condensate v
production amounted to 1,496,103 barrels against 187,176 barrels in
1950.
At March 31,
1954 the company owned working interests of
varying amounts in 314 oil wells and 12 gas wells located on leases
held by production which cover an aggregate of 27,932 acres.
Principal office of the company's contracting and engineering divi¬
sion Is in Harvey, La. and the principal office of its oil and gas V

and

York

$200,000 more, according to arrangements
on
July 15. The loan will be on 12-year

ahead of last year.

said.

proceeds from the sale will not accrue to the
group of 20 selling stockholders.

EARNINGS—For

Acquisition—

Scott Corp.—Offering

&

75%

unissued

of

five

BUSINESS—Company

division

offered

Oversubscribed

approximately

shares

net

a

stock

common

holders

were

PROCEEDS—The

•

Acceptance Corp.—Proposed

Merritt-Chapman

.

New

of

$6/250,000 since the end of the war in increasing its production capacity
to keep pace with greater demands for its
products. Since 1952, when it
purchased the assets of the Croft Brewing Co. of Boston, Narrangansett
also has
produced Croft ale.
The company's sales are about 10%

—

v

,

~

Dominick

&

The

,

McDermott & Co., Inc.—Stock Sold—Domiand Kidder, Peabody & Co. jointly
underwriting group which on July 21 offered

(J. Ray)

loan from

$1,000,000

a

Co.

has decided to make a cash offer only for the stock of «
Credit Corp.
of Connecticut.
Therefore, there will be.no*

Guardian
class

Insurance

company

stockholders

nick

—

i996,370 \
1
309,529 *

-

.

Life

4%% notes.

-

,

,

H.

-

Merchants

..

the

President, stated that
there are no plans at this time which would involve the issuance
of any of the additional
authorized stock, the increase being solely
in order to make additional shares available in the future as may
be directed by the further growth of the company.—V. 180, p. 60,
In

1964__—

—';——:—

i

—

180, p. 60

over

and to reimburse Narrangansett for part of the cost of recent additions
to its plant in Cranston, near Providence, R. I.
" ; :
The
company,
in business for nearly
65
years,
has spent ^ome

<

cer-

authorized number of shares v
1,000,000 shares, increasing the
directors from 13 to 15 with certain C",

of

technical amendments.
announcing this action,

other

1

authorized

20

increasing
500,000, shares, to

from

$3>

(par

July

on

incorporation,

of

stock

Common

—v.

Authorized Stock Increased—
The

tlficate

10-year debentures due July 10,
Preferred stock
:—
;.
8%

-

-

'

has obtained

company

Mutual

announced

$225,000
150,000.
250,000

payable to Investors Diversified Services, Inc..
bonds due July 10, 1958
—.:i_—

Debenture

305,924
$2.11

represented a gain of 25.04%
1953.—V. 179, p. 1834.

dividend)

gains

value per share on Dec. 31,

borrow up to

Outstanding

Shares ef stock outstanding

capital

asset

ing—The

GIVING EFFECT TO PRESENT FINANCING

CAPITALIZATION

Notes

cents

Monday, July 26, 1254

.

.

Narragarrsett Brewing Co.—Arranges Private Financ¬

office at 586
New Jersey on
purchasing at dis¬

its
principal
incorporated in

having

J.,

is engaged in the
commercial paper.

and

1937,

16,

proceeds

City,

Jersey

Ave.,

five

to

the net

corporation

BUSINESS—This
Newark

103%

ranging from

prices

at

interest.

net

PROCEEDS—The

Subs.)—Earnings Increase-

(W. L.) Maxson Corp. (&

redeemed

be

may

accrued

plus

.

June

30,

1954,

ended

June 30,

1953.

stock

was

$2.69

a

share

compared with $2;57 a

These earnings

per

for

share

share

are

for

the

the

12

12

months

months

calculated on the

Volume 180

Number 5345

.

.

The Commercial and Financial Chronicle

.

'

basis

of

the

respective
issued

Gross

1954,

shares

outstanding

in

1954

the

at

(including

end

of

337,118

M.

the

shares

2,696,950 shares in

$71,297,082

were

to

after

and

for

$65,987,660

fixed

$9,607,986

for

charges
the

for

the

the

1953

However,

ending

June

30,

the

dividends

and

June

30,

1954

as

pared to $8,097,303 for the previous 12 months period.—V. 179, p. 2372.

noted

securing

of

tender

of

Period End. May 31—

V

Federal

revenues

56,761,322

expenses

38,723,974

income

taxes

5,744,050

31,619,756

6,439,315

6,579,112

5,225,040

5,514,401

and

said

to

be

unwilling

to

he

is

attempting

the

balance of 166,000
half of all stock.

to

of

Board

Power

Shovel Co.

through

recently

from

■

.

the

to

announced

and

it

it

make

sell

The

in

reported

company

of

year

1953 compared

1953

totaled

net income

with

20c

of

14c

share

a

share

a

in

the

"Journal

against $12,800,000 the
Commerce.)"—V. 178, p. 182C.

of

for

the

preceding

$17,700,000

Laurence

26,833,215

The

stockholders

July

on

City transit properties

by

15

approved

the

sale

of

the

New

York

The

July 16 filed
381,542
shares
of

company

SEC

covering
the

represents

on

maximum

registration

a

its

number

of

$5

par

statement

stockholders

number

shares

of

Commonwealth

I

June

on

in

1,

for

each
a.m.

that

such

by

shares

of

mon

the

on

shares
such

of

dated

the

Bank

the

of

—V.

stock

delivery

the

for

total

of

share.

the

All

Bank

The

is

bank

Edison

the

to

be

sell

to

for

sold

stock

his

July

to

monwealth

from

bidding

all

the

July

of

In

account

the

and

would

stock.

returned,

Edison

stock

sell

at

deliver

respect
to

were

Following
to

fo

the

require

balance

sales

of

at

competitive

bidding

would

be

381,542

shares.—

179,

Pacific

Ry.-—Equipment
Bros.

&

Trust

Hutzler

and

A

Federal

Other

of

bid

Net

1934.

Net

the

for

certificates,

Halsey,

of

the

Stuart

&

certificates

Co,

is

j

State Commerce Commission,

equipment

steel-sheathed

estimated

Bell

Inc.

operating

by

income

cost

less

not

$1,859,291
1.731,958

natural

miles

its

Columbia

are

Ohio

of

Fuel

filed

Gas

at

its

mated

of

cost

and

in

1

affiliate,
to

Hocking

1963)
in

and

units

without

the

with

the

for

the

Fuel

$125

oil

engineers

two

it

Federal

made

its

of

Co.

Gas

of

receive

1,500

is

pipe

will

this

Ball
year

20,702,960

to

engine

of

7

Fairfield

and

line

to

start

The

filed

letter

a

$30,000

for

are

of

each

com-

compressor

The

offer

in

onl

November

Powder"

July

Powder

with
Olin

has

is

outstanding
The

offer

company's
of

on July 8 announced that
of Incorporation increasing
2,000,000 to 4,000,000
was

Articles

shares

a

share

from

permit from the California State Com¬
the directors declared a stock dividend

of

for share

record

shares

stock

July

on

issued

are

split,
1954.

15,

on

payable

prior

or

to

on

30,

July

1954

July 30, 1954, the cash
board will then be 2Ce

with

the

SEC

July

on

1954,

16,

covering

voting

against shares of Phillips-Jones no par common stock
cumulative preferred stock, $100 par, which may be deposited

the

trustees.—V.

178, p.

has

company

No.

1

Steve,

10,000

1374.

successfully

small

a

first

choke

of

from

production

in

tested a second pay formation of
discovery well, around which
Grady County, Okla,, according to
by K. S. Adams, Chairman, and Paul

multi-zone

new

acres

leases

an
announcement on July
Endacott, President.
The
of 48.1 degree gravity oil.
The new well previously

of

178,

of

to

,

Oil

the

in

20

wildcat

flowed

ratio

Gas-oil

flowed

Creek

at

the

formation

the

rate

of

barrelj

728

1,764:1.

was

barrels

411

from

area

tions.

oil

of

day

per

perforations.

McLish

This

is

Creek

Oil

and

through
uo

forma¬

•

,

21

used

Norl

now

the

under

.

has

Badger

A.

Hamilton,

airplanes

will

at

to

in

miles
is

early

notified

trust

members

certificates

and

not

250-300

will

its

been

made

stock

good,
shares
frjm

it

at

is

are

en

to
$G

be

offered

have

and

a

test

wells

the

near

of

approximately $33,000,000.

for

the

NASD

250,000

shares

180,

p.

of

of

recent

stock

Heller

256.

and

Associates

of

Cleveland,

the

firm

that

has

Pennsylvania RR. during the last two
will undertake the organization study.

test

.

discovery

mile

a

north-

and

that the

that

the

railroad

Heller

has

study

its

own

would

not

operate

the

is

spring,

in

November
to

on

buy
a

control
share, it

deposited

undisclosed

the

purchaser

than

half

1954—3 Mos.—1953

made

S.

Chairman

Adams,

well

which

around

Okla.,
and

it

Paul

an¬

was

Endacott,

Second

taken

the

oil

and

additional

wells

to

the

start another

test

a

two

porous

shallower

discovery

formation s.

with

cores

formations,

mile

pro¬

formation.

in

the

announcement.

the

hear

Creek

sands

Bromide,

into

according
test

Oil

from

<11

well

and

northeast.—V.

show3

good

Third

Phillips
is

Broir

is

1

drilling

moving
p. 2708.

179,

-

Proceeds

of

the

sale

Berkshire

purchase

to

are

Gas

Co.

be

used

and

to

by

Pittsfield

refund

the

Coal

Gas

company's

Co,

-:o

presen

1/

179, p. 827.

Pittston Co.—To Move Offices—

before

taxes—

1,972,952

2,115,218

946,521

1,150,394

1,703,599

Effective

$955,824

$1,779,163

$1,888,374

1,242,795

1,242,799

1,242,795

1,242,799

$0.83

$0.77

$1.43

$1.52

shares
per

outstadg.

share

1780, p.

4,108,964

3,482,762

N.

of

by

Sol

1954,

■

'

On
new

July

the

company's

1,

N.

Electric Power

14,

this

Y.,

offices

will

be

moved

fro 1

to 250 Park Ave., New York

17,

'

'

90,000/100,000 kilowatt

Co.—New Unit—

placed

company

in

generating

regular
unit,

operating

together

service

with

Iba

adidtior

1

boiler capacity and related equipment, at its Potomac River Generatij
Station located in Alexandria, Va.
This
unit—the largest unit on the Pepco system—has been cc in¬
structed at a cost of approximately $18,000,000, which includes pre¬

liminary
This

work

will

kilowatts,
p.

on a duplicate unit scheduled for completion in
195:3.
bring the Pepco system to an effective capacity of 843,000
well above the July 14 peak of 729,000 kilowatts.—V. 17 2,

2373.

bonds,

series

I, due July 1, 1979, at 100.855%

terest.

Quebec Tantalum & Lithium Mining Co., Ltd.. Toronto,

and accrued in¬

Further details follow:
GIVING

Ont.,

EFFORT

TO

PRESENT

This

FINANCING

well
Authorized

Outstanding

of

*First and

refunding mortgage bonds—
E, 3V4%, due Aug. 1, 1966
G, 3%, due June 15, 1961—
Series I, 3V4%, due July 1, 1979

$22,000,000

17,230.000

Capital
The

issued

stock

($100

mortgage

par

is

thereunder

an

value)
open

although

end
the

-

mented.

certain
'

restrictive

mortgage.

Additional
*

amount

provisions

the
"The

0;

such
ie

east

1,118,367 shs.

mortgages

July

Ontario.

15

lying
Ltd.

The

reported the acquisition by staking of two
on strike to the northeast and southwest
ore
development in the Nemegos area oi

announcement

stated:

properties comprise compact groups of 71 and 78 claims
The 71 claim holding is located in Lacknor Twp. north¬
of the Multi-Minerals Ltd. ground where a large magnet*fe-apatit9

orebody

containing, promising

be

activ :y

is

bonds

is

located

columbium values and asso*.
The company's 78 claim r

in

as

further

two

may

bonds

issuable

on

properties

Multi-Minerals

respectively.

39,950,000

2.000,000 shs.

,

by

Canada—Acquisitions—
company

located

Northern

Series

61.

all

1,

Aug.

Ave., New York
180, p. 256.

Y.—V.

'

159.

of

p.

Fifth

350

2,220,590

$1,026,431

profit

of

limited
known

*

Co., of Pittsfield, Mass., and the Fidelity Mutual
of Philadelphia, Pa. The financing
arranged by J. G. White and Co., New York City.

1954—6 Mos.—1953

the

offer.

was

Okla.

wildcat,
the
No.
l
Stove
flowed
gravity oil per day.
This is the first

flowed

McLish,
deep

K.

from

area

and

were

more

by

outstanding notes.—V.

Peoples Gas Light & Coke Co.—Bonds Sold—Mention
made in our issue of July 19 of the offering and

company through
learned
on
July 21.

more

Bradley,

Life Insurance Co.,

1

sale by The First Boston Corp. and associates of an issue
of $39,950,000 first and refunding mortgage 3 lA %

this

was

if

only

under

of

of

ance

system of evaluating
involve appraisal of

was

increase

180,

First
oil
the

$15,726,460 $15,665,676 $29,283,941 $29,839,405

Net
No.

Ex¬

next

expected

southeast

successful

also

Potomac

in
ex¬

—V.

Manager,

plant.—V.

new

miles

Pittsfield Coal Gas Co.—Bonds and Stock Placed Pri¬

personnel.
It will
be concerned,
he
said,
with
functions
and
the
organizational arrangements for carrying them on in the most efficient
economical ways.—V.
180, p. 159.

CAPITALIZATION

until

l'/fe

vately—The company has arranged to place privately
$1,330,000 first mortgage 4% bonds due 1979 and 7,50)
shares of $100 par 5% preferred
stock, R. McAllister
Lloyd, President, announced on July 16.
1
Among the purchasers are Teacher's Insurance & An¬
nuity Association of America, the Berkshire Life Insu >

been

years

located

degree

the

equipment to

operations,

Symes stated

49.5

in

two

at

for improving it in the light of prac¬
present-day competitive conditions, and advances in
of large-scale industrial management.

the

is

15

The

well

and

recommendations

with

July

on

of

barrels

The

its

that

Steve

company has
a
new multi-zone
discovery
holds 10,000 acres of leases in
Grady County,

President.

unit,

per

investment

promotion

General

completed

workers. 1 This

understood,




deep

more

Discovery Well—

nounced

science

Taxes

Ordnance

plant is expected to start operations
Industries

two

The

1956.

hour

an

share has been fully subscribed.—V.

make

Earnings

through

be

$250

for

and

an¬

1

No.

New

-

.

about

drilling

moving in equipment to start another

'

covering

1959

1,

The

an

it

begin

will cruise at 365
The contract total

Sales

been

will

is
is

and

Pennsylvania Salt Manufacturing Co.*—Quarterly Earn.

way and production is
Ordnance Corp.'s new
Works, it was

Army

at

DC-7B,

'■

Operate New Plant—

at

plant

by

Phillips
well

and

1988.

notification

stock

be

long-range Douglas DC-7C's,
Franklin Gledhill, Vice-President,

esti¬

Total

p.

10 cents)

organization

15

units

Aug.

(par

shares

125

proceeds

and

Inc.—To

construction

of

the

number

certificates

duction

has

experience,
art

Mr.

Olympic Radio & Television Co.—Offer for Stock—
purchase

and

President, announced on July 19 that for the first
history of the railroad a firm of management consultants
engaged to study the organization structure of the company

working

in

The

rockets.

offer

drills,

declared at the last meeting of the
on the outstanding 2,800,000 shares, in lieu of 40c per share
presently outstanding 1,400,000 shares.—V. 179, p. 2810.

holds

design

Series

An

a

Phillips Petroleum Co.—Tests Pay Formation—

the

passenger

miles

29

"R-501"

County.

$3,832,700.—V.

(due

and

notes

properties,

which

gradually.

transportation

is

liquid which
to
be
impervious to high temperatures
synthetic cutting and
cooling
oils
used
and other machine tools.—V. 179, p. 2708.

Corporations,

new

5%

its

Symes,

in

Robert

horse¬

Wis., Badger is a government-owned ordnance
operated under contract since 1951 by
Liberty Powder Defense Corp.,
a
subsidiary of Olin.
Up to now,
Badger's two products have
been
propellant powders for
artillery

new

turbine

gas

a

purchased

new

voting

per

been

the

total

a

of

M.

J.

Located near Baraboo,

Although

ready

new

26,246,194

Pennsylvania RR.—To Study Organization Structure—

plosives Division.

shells and

and

Contract—

contract

for

compound

share
the

trust

.2145.

company

$2.12'/2

companies

Ohio.

horsepower

in

phase of construction is

installation

major

chemicals

new

shown

registration statement

19.

the

of

p.

offering

additional

The

existing

Counties,

shares of capital stock

"Ball

known

a

the

Phillips-Jones Corp.—Registers With SEC—

Pan-Israel Oil Co.—Offering Oversubscribed—

Power

compressor

to

July

on

179,

The

Charlottesville, Va.—Files—

notes

Olin Industries,
to

awarded

maintenance

1372,

Thomas H. Golden, Sr., et al, voting trustees under a voting trust
agreement dated as of Aug. 1, 1954, between said trustees and certain
holders
of shares
of
the
capital stock of this corporation, filed a

$

29,112,100
22,047,282

Co.—Government

been

tlm

of

new

Earned

$21,000,000

4,067,380

sealing compound to solve the
cutting and cooling oil in machine tools
this company, which produces sealants

dividend
per

with

5,242,081

Car

has

Clippers
range ol' 5,000 miles.

penses.

The final

6,090,371

of

stockholders

on

$

of

Tf the

1954—5 Mos.—1953

4,555,658

Motor

version

personnel

Fairfield

station

July

on

underwriting.

expected

to

2599.

Deliveries

and

construction

additional

enable

miles of 20-inch

17.3

construction

registered

of

100,000

by

of

the

lathes,

amounting to

47,104,572 246,120,480 231,025,516
34,482,761 176,518,839 167,620,586
3,587,000
19,351,000
18,229,000
3,792,730
21,138,541
18,929,736

4,220,670

income

corporation has

The

6,574,186

to

parts

install

to

150,000

producing

100,000

Co.—

&

industrial

21

No.

have

authorized

missioner

A
redemption

company.

for

new

a

nounced

$7,353,742

7,973,528

United

and

compressor

corporation
of

Biddle

approved by the stockholders.
Subject only to obtaining a

planned

256.

p.

$

35,822,589
4,061,000

Period End. June 30—

The

the

call

is

Telegraph Co.—Earnings—

50,194,630

p.

improved

subsidiaries.

build

Oil Production, Inc.,
$150,000

180,

1954—Month—1953

taxes

company

This

1954—5 Mos.—1953

$8,720,160

3,000

Ohio

paralleling

plans

Crawford

pipeline

System

proposes

pipe
Vinton,

also

pany

into

Co.

will be to

merger

it

July

line

to

amendment

The

1,375,284

application

an

system
its

24-inch

Jackson.

of

main

from

gas

Dulles & Co

Henry J. Kaiser, Chairman of the Board,

Pan American World Airways, Inc.—Buys Clippers—

,

Co.—Earnings—

$1,529,329

requesting authorization

46

Wurts,

•

standard-gauge
$6,531,175: 225

new

than

time

has

company
Commission

on

Electric

&

approvals,

Under study for 18 months by a special engineering, section at Pack¬
ard, the engine will soon be ready for active tests.—V. 180, p. 256.

the Inter-

has

about

&

charges

179,

tical

of

modern

-

high shafthorsepower, with economic fuel- characteristics and long life between
overhauls, whieh will be adaptable to modern mass production methods.

was

Ohio Fuel Gas Co.—To Add to Facilities—

power

regulatory

revenues

Packard

2599.

The

.•

,

100,000
100,000

east.

to

1954—Month—1953

charges
p.

200,000
200,000

Permanente Cement Co.—Stock Split Ratified—

gas turbine engine for use by the U. S. Navy,
it was
by Rear Admiral W. D. Leggett, Jr., Chief, Bureau of Ships,
Navy Department.
•
■

$14,578,676 $13,348,469 $70,355,616 $64,906,339
expenses9,915,554
9,444,784
48,431,057
46,266,307
Federal income taxes—
1,760,275
1,434,849
8,133,696
6,673,753
Other operating taxes—
1.043,556
939,507
5,070,703
4,612,537

179,

Gas

May 31—

operating

develop

revenues

after

with

announced

...

subject to authorization

Telephone

Period End. May 31—

—V.

200,000

opera¬

Co.—Proposed Merger—

expenses-

after

—V.

Net

Counties

income

This

,

wood-lined

Northwestern

Net

250,000

_

Yarnall,

new

a

on

tests

resistant

an

company's stockholders.—V.

Packard

refrigerator cars, 40 feet long and of 50-ton
capacityr 50 heavily insulated mechanically equipped 50-foot refrig¬
erator cars; 7 steel dome sleeping cars,
40-passenger seating capacity,
and 6 steel sleeping cars,
22-passenger seating capacity.
Also participating in the offering are: Drexel &
Co.; Union Securi¬
ties Corpation and Stroud & Co., Inc.—V. 180,
p. 256.
*

Operating
^Operating

Co.

256.

Sealant

as

and

The

on

2%s,

as

250,000

Chas. W. Scranton & Co.

leakage of

of

complete

a

extensive

•

The certificates will be secured by the following

,.

railroad

also

250,000

—

Co.—_

industry.

Known

Certificates

bid of 99.7823%.

on a

99.62%

and
and

Wolfe

158.

p.

additional

operating taxes—

stock,

associates

Co

&

.

from

Issuance

...

July 20

on

competing

the

Operating
Operating

July 21 offered $5,220,000 of 2%% serial equipment trust
certificates maturing annually on Aug. 10,
1955-1969,
inclusive, at prices to yield from 1.50% to 2.875%, ac¬
cording to maturity. The group won award of the cer¬
tificates

180,

$

Com¬

p.

unchanged,

previously performed in the Linden engine
shops will be
accomplished in PAC's other

Pacific Telephone

—V.

Northern

Offered—Salomon

-received

of

Period End.

maxipium number of shares of dividend stock to be sold by the

bank

a

cards,

dividend

continue

stock of Coast Counties, about 94%
of which is now
by the company... Thereafter, the merger can be accomplished
simplified procedure which will not involve a special meting or

80,631

the

will

preferred

vote

for

of

division

work

of

receipt

set

bidding
remaining reply

all

to

by

274,912

allotted

fractions

that

Coast

merge

the

out¬

would

Eastern

preliminary step in effecting this

holders

of

competitive

Assuming

with

stock

against

added

out the
of
40.2%

holders

would

the

Pacific Gas & Electric

a

the

the

in

of

problem

announced

the

stock.

1954,

of

was

Linden.

carrying

of

bank

14,

54.1%

stock.

costly

of

and
accessory
overhaul
branches in the future.—V.

the

shares

180, p.

&

Renshaw

Williston

—

500,000

also V.

&

250,000

Irving Lundborg & Co.—
Winslow, Douglas &
McEvoy
Hallowell, Sulzberger &

750,000

....

-See

250,000
250,000

E. W. Clark & Co

Denton,!

Development

affecting this

He

owned

of

as

holders

stock

dividend

of

dividend

not

that

Inc.

&

Masten

R.

500,000

Bros.

E.

A.

Rodman
J.

750,000

Blunt Ellis & Simmons_-_

250,000

Company

First Securities Corp
Mackall & Coe

750,000

Burns

facility

from

tion.

which

dividend

stock,

purposes

the

the

Co.-

&

300,000

Crouter & Bodine—250,000

1,250,000

Taylor & Co
American Corp—

Swiss

company's Eastern division plant of corporation. located at Lin¬
Airport, N. J., has been struck by the UAW-CIO since June
29,
1954.
Mr. Wolfe explained that the decision to close the Linden
engine
shop was a result of economic conditions directly

by

of

Haupt

Kean,

The

by

to

out

to

account

Ira

den

arrangement.

common

for

(a)

round

respect

the

to

competitive

indicates

Edison

for

entitled

this

to

with

sold

and (b) for the account
Commonwealth
Edison
stock
the
bank

the

out
or

be

2707.

p.

250,000

250,000

2392.

p.

activities

stated

card,

him

9

sales

could

account

delivered

necessary

fractions,

to

at

under

sold

further

shares

of

whether

fraction

are

stockholder

dividend

of

rounding

stock

dividend

including

received

so

the

20,823

shares

his

received

Commonwealth
of

13.9%

off

of

2
dividend a reply
which the stockholder

of

179,

500,000

Wood, Struthers & Co.— 1,250,000
Baker, Weeks & Co
750,000

Co.,

the immediate closing of this
corporation's engine
at the company's Linden N. J. plant was made on
by- Thomas Wolfe, President and Chairman of the Board.
All

overhaul

transmitted

Aug.

use

received
reply cards
Commonwealth Edison

instructions
shares

the

dividend

additional

arranging

stock

had

ail

Edison

prospectus

standing

his

of

shares,
are

Commonwealth

dividend

to

the

by

all

approvals.—V.

Coach

Pacific Airmotive Corp.—Closes Engine
Shop—

comprising

Commonwealth

173,

Announcement

of

number

shares)

(656,454

Avenue

supple¬
.

..

development.

McNaughton and Halsey Twps. adloining the
boundary of the Ontario Rare Metals Ltd. Siu .se group ot
adjoining

'

under

the

Multi-Minerals

•

500,000

Permatex Co., Inc.—New Product—

provided

to
the Bank, for the
Commonwealth Edison com¬

of

Fifth

at

record

resolution

irrevocable

any
fraction the sale of which by the Bank
by the stockholder or including a full share re¬
purchase by the Bank, at the direction of such

the

instructions

:

common

payable

excluding
directed

from

stockholder,

The

1954,

entitled

have

to

or

be

sulting

the

directors

such

the

certificate

a

of

1954,

common

23,

Bank,

have

to

Bank,

should

full

June

the

to

either

elect

of

holders

of

of

share

The

by

2,

Aug.

Illinois

stockholders

addressed

of

date,

Edison

governmental

necessary

until

Co.—Secondary Offering—A secondary
offering of 10,000 shares of common stock (no par) was
made on July 19 by Blyth & Co.,
Inc., at $16.75; per
share, with a dealer's concession of 65 cents per share.

minimum

stock

comomn

one

1954.

payable

on

for

agent

record

23,

be

Edison

as

Northern

letter

its

no

June

the

board

its

its

of

Commonwealth

should

of

on

rate

consummated

Pabst Brewing

63,489.

resolution
the

Co.,

Continental
for certain

dividend.

By
to

and

Edison

being

dividend

a

at

time)

dividend

of

by

stock

(Chicago

Commonwealth

account

offered

declared

Illinois

25

8:00

be

Edison

1954,

Northern

Commonwealth

of

to

so

the

be

not

which

may be offered for public sale at competitive bidding by
Illinois National Bank & Trust Co. of
Chicago as agent
"common

will

sale

receives

This

common

Illinois

The

the

stock.

common

Northern

with

Meeds—

Ferris &

Co

&

Bissell &

500,000

Doolittle & Co

&

S.

Witter

Co

Carolina Securities Corp.
De Haven & Townsend,

-

1,250,000

Dean

'

500,000
500,000

Hutton &

Singer, Dea-ne & Bcribner
Newhard, Cook & Co._
Baker, Watts & Co

Moseley & Co._
1,250,000,
Shearson, Hammill & Co. 1,250,000
Tucker, Anthony & Co.— 1,250,000

overwhelming majority.

an

Marks

Co.

F.

SEC—

M.

F.

Laird,

Lee

(New

Omnibus Corp.—Sale Ratified—

Northern Illinois Gas Co.—Registers With

2,000,000

—_

1,250,000
Hemphill, Noyes & Co.— 1,250,000
Higginson Corp
1,250,000

Sales

•

179, p. 2598.

Securities

Corp.

$500,000

-

Co

Goodbody & Co

Hallgarten & Co

calendar

year.

E.

Folger, Nolan-W. B. Hibbs

Goldman, Sachs & Co.— 2^000,000
Kidder, Peabody & Co.— 2,000,000
Central Republic Co.
(Inc.)
1,250,000

con¬

before.

year

below:

& Co., Inc
Fulton, Re id &

•

machine

air

room

forth

Equitable

pos¬

insure

„

would

would

set

as

Boston

Corp._$4,650,000
Blair, Rollins & Co., Inc. 2,000,000
Drexel & Co
2,000,000
Eastman. Dillon & Co.__ 2,000,000

,

that

that

bonds

The First

stock.

common

subsidiary

a

purchasers named below have severally agreed
purchase from the company the respective principal amounts of tho

new

consider

ascertain
the public

9

PURCHASERS—The
to

is

28%

or

recently associated with Louis E. Wolfson, Chair¬
of Merritt-Chapman & Scott
Corp. in the purchase

31,994,594

26,160,333

shares

shares

was

company

tools

28,617,610

31,915,930

50,000

123,000

ditioners. "

York

operating income
Net after charges

the

The

$

54,878,317 281,949,716 268,918,194
192,340,030 181,642,990
5,523,000
26,074,000
26,663,000

6,335,033

Net

—V.

$

•

37,032,155

5,263,000

taxes—

Other operating

1954—5 Mos.—1953

$

$

Operating
Operating

of

man

of Marion

1954—Month—1953

represents

about

owns

and

that

than

more

Zweifach

Mr.

Co.—Earnings—

and

owns

,

*

New York Telephone

he

Co.

&

outstanding

Zweifach

sibility

com¬

reports

Wells

offer.

Mr.

preferred

on

who

Fox

shares

432,000

period.

before
months ended

12

1953.

months

12

Zweifach,

ready to deposit this block.

is
'

compared

was

stock

common

1953)

revenues

income

stock

of

3,034,068

October,

as

Net

-

shares

periods,

in

(353)

acreage."

I

radio-

-ty

is

lwest

;laims

The Commercial and Financial Chronicle

-(354)

10

Television

Privately—The company has placed privately with an
institutional investor, through Emch & Co., Milwaukee,

Improved 21-inch tri-color kinescope with a picture
of 250 square
inches has been developed by this corporation
will be demonstrated on Sept. 15, it was announced on July 19

A

and

new

area

and

Wis.,

W.

W

$175.-

is

Reductions

which

Television Re¬

the

in

radio

apply

to

white

TV

apparatus.—V.

179,

effective
C. Anderson,
reduced rates
television receivers, black-andand eertain commercial radio

tubes,

electron

2600.

p.

15 covering

July

Burnside

B.

177,

Co.

<Sc

Batkin

and

Co.,

&

Profit

,>

other

and

income
taxes

income

(est.)

With

the

cards

punched

verifying

for

card,

same

operation.—V.

180,

—V.

A new

shares

1,105,946
declared

of

dividend

stock

10%

a

1953.

and Federal taxes were

trucks

income

$4,893,000

to

the

$166,-

ment

President, said: "It is expected that sales for the
or perhaps surpass those for 1953 with deliveries
of
the
Thunderstreak and its
photo-reconnaissance counterpart, the
RF-84F Thunderflash, both
well under way."
This corporation on July 22
announced that it has completed a
mass
movement of
370 engineers from New
York City to an airconditioned
acre
of new office
space created
under the roof of its

kets

cost

Long Island,

Farmingdale,

at

factory

The new project

N. Y.

-

40%

V., 179,

est

Company

known

F-105,

the

as

added.--

he

2145.

Republic Steel Corp.—Earnings Show Gain—

shares

of

Stock

York

New

important

financial

Ex¬
mar¬

Netherlands corporation,
owns
60%
of what is
Dutch/Shell Group of companies, the remaining
The "Shell" Transport and Trading Co., Ltd.,

a

by

offered

United

the

sales

1953,

its

of

one

important

most

com¬

the

of

of

to

about

£1,700,000,000

and

corporation

July

on

reported

15

of 1954 of $13,712,933,
quarter net income.

quarter
first

production

Ingot
of

the

in

income

and
first

the

for

cents

share

per

half.

the

in

the

In

share

per

$1.79
first

the

in

income

Net

quarter

second

quarter

at

was

rate

the

of

69.9%

with 69.4% of capacity in the first quarter.
of common stock was $2.22 in the second1

capacity as compared
Net

quarter

increase

an

second

income for the second
of $2,633,921 over the

net

1,000,000

shares

of

to

first

quarter,

dollar

per

of

total

a

sales

$4.01

of

from

rose

5.2

cents in the second.
ingot production was

6.3

at the rate
profits taxes then in effect,
net income amounted to $14,931,475.
Net income per share of com¬
mon
stock in the second quarter of 1953 was $2.44 and net income
per dollar of sales was 4.8 cents.
>'
Republic's ingot production for the second quarter of 1954 amounted
to 1,741,146 tons.
Ingots produced for the six months ending June
100.3%

of

30,

1954,

of

amounted

Incoming

With

excess

3,451,153
also showed
the

of

improvement

continuing

during

Appropriations

"Although

first

production

operations

six

months

compared

around

Largest
than

the

$10,000,000

70%

of

capacity."

the

of

appropriations will be spent in Ohio with more
scheduled for new equipment in the company's plants

part

$5,000,000

in Warren and

Youngstown.—V.

179, p. 2600.

Rexspar Uranium & Metal Mining Co. Ltd., Toronto,

Canada—May Start Operations—
With

be

the

tion

Black

is

At

present

the

surface

net

proceeds

feet,

other

GIVING

to

are

15,000

and

CAPITALIZATION

stock

♦Including
the

in

to

Co.

stage

the

of

all

of

between

Present

sibilities

for

sight

unexplored
and

A

on

factory

if

radioactive
the

250,000

work

zones

the

on

tons

underway

property

of

raising

ore,

pos¬

the

total

tons, then production plans will be possible,
basis of 500 tons daily. Mill pilot plant work and mine
would
then
proceed
during the winter of

early

an

start

construction

at

could

be

made

the

in

spring

of 1955. In view of the property's location construction would
proceed quickly and production could, under the above conditions, com¬
in

mence

the

Rheem

fall

or

winter

of

1955.

Sales

and

second

In

earnings

Co.

have

permit

recently

consolidated

acquired

into

the

1950;

its

real,

with

in

the

second

first

S.
Spring &
figures for the

quarter

quarter

of 1954, Rheem
earnings although

1954

showed
sales

an

were

lower.

the

Net Earn.

45,512,184

ing

as

first

share

standing

for

was

convertible

30,

the

due

into

month

earned

June

of

common

sixth

was

in

the

period
recent

shares

preferred into

after

1,513,054

comparison

same

to

165,452

period,

the

on

with

1,869,313

in

shares

1953.

Rheem

98,294

preferred

$2.04

exchange

of

of

of

U.
the

dividends

increase
S.

shares
in

Spring

for

shares

to

out¬

Bumper

of

for

cial taxes

Federal,

Dominion

income

on

1,120,690

be

corporation

£

K.

t

I.

ryl

The

equipment

on

50,000

July
shares

16
of

filed

a

letter

common

of

stock

179,

notification

(par

$5 per share trough G. H. Walker
net
and

proceeds are to be
for working capital.




transferred

to-

depending

rata

pro

the

with

escrowed

are

released

of the company.
The persons en¬
shares have agreed with the under¬
to remain in escrow until the satis¬
termination of the present stock offering.

incorporated

was

Act

office

(Quebec)

is

located

under the provisions of
Letters Patent dated Feb. 7,

by

1200

at

St.

Alexander

Mont¬

St.,

is engaged

shore

north

the

of

Town

the

of
St.

St.

River

Lawrence

Simeon.

The

about

miles

three

subsequently

company

securer!

staking 4,278 acres df additional mining properties contiguous
its original properties and an additional 2,578 acres in Sagard and

to

Dumas

Township,

to

inland

northwest

the

from
the

of

the

St.

first

River

Lawrence

of

group

about

eight

properties.

San Diego

Gas &

Electric Co.—Earnings—

Years Ended May 31—

num¬

$5,639,796

$5,663,733

1,136,850

$5,017,113

$4,526,883

and taxes
1

Net operating income

Other

28,843,131

$6,060,203

1,043,090

expenses

1953

$34,482,927

31,267,098

revenues-.—

Operating

1954

$37,327,301

$6,060,203

Operating

_

income

Gross

23,937

income

Income

deductions

income

Net

Preferred

dividends

Common

853,417

1,008,583

1,920,000

dividends

As of April 30,

2,400,000

1954, the company purchased the electric distribution

facilities

of the Escondido Mutual Water Co. at a price of approxi¬
$989,000.
The deal gained for the company 2,230 customers
living in the vicinity of the City of Escondido, contiguous with ter¬
ritory already served by the company's electric system.—V. 179, p. 2080.

mately

Sapphire Petroleums Ltd.—Completes Wildcat Test—

2,270,571

This
State

Provin¬

and

595,000 /

—

1,205,000

No.

$1,065,571

$0.91

$1.85

tEarnings per common share

♦Including
the

credit of $6,000 for

a

ended April 30,

year

the

of U. S. excess profits

recovery

1953.

tBased

shares pres¬

577,500

on

first

of

is

located

high

well

located

is

50% working
ing.—V. 180,

crude

oil

made

on

was
on

interest.

tract

a

the

in

American Petroleum and Irving Pasternak
Weston County, Wyoming.
It flowed 800

in

gravity

shipment of oil

This

>

according

named Sapphire

Field,

1

barrels

$525,690

Wyoming,

well,

completed its first wildcat test
to Maxwell Goldbar, President.

successfully

company

of

The

There

July

the

of

are

in

13

hour

The

test.

of which Sapphire has a

acres

regulations

proration

no

12

a

da^y by truck.

same

320

in Wyom¬

159.

p.

ently outstanding.

Improved
forecast

this

for

business

during

company

the

ahead

year

was

ended April 30 had been one of effort
and investment
in strengthening the organization and adding to its
facilities and products in the face of very heavy competition in the
industry, Mr. Russell pointed out that business during the last few
months

that

fiscal

the

Indicates

The

Savage Industries, Inc., Phoenix, Ariz.

by Frank C. Russell, President and Chairman of the Board.

Citing

year

upswing

an

backlog

company's

of

in

sales

orders

for

is

the

the

company.

Carl

has

W„

been

of the V.

President

Zies,

highest

elected

member of

a

the

Anderson

D.

it

board

of

Co.,

Securities and Exchange
The corporation on

covering

4.000

price

be

to

been

has

in

18

Calif.

V.

of

letter of notification with the SEC

a

stock

common

through

later

Files With

—

Commission—

July 8 filed

shares

named

Francisco,

Cleveland,

directors.—V.

(par

Pacific

to

$1)

offered

be

Securities

Coast

at

Co.,

a

San

2573.

177,

p.

The

proceeds

be

to

are

used

capital.—

working

for

Ohio,

Scott Paper Co.—Proposed

179, p. 2373.

Thomas

income

operations
to

for

amounted

prior

of

After

weeks

plus

of $212,885,
of

ended

This

a

or

June

with

compares

of

recovery

1954

19,

net

of

all

Income

income

profits

excess

total net income

a

after

from

relating

tax

$6,192,932

in

to

$1.76

earnings

in

operations,
relating

the

share of common stock

per

plus seven
prior

to

during

weeks

24

same

of

the

on

period.

the

3,369,521
This

previous

shares,

the
with

compares

the

or

a

taxes

there

income

taxes

taxes

cluded

in

these

$5,500,000

in

of

the

to

of

24

weeks

to

and

are

shares

June

19,

outstanding.
before all income

1954

This compares with net income before
the first 24 weeks of 1953.
Income

Detroit

$1,345,000

in

U.

1954

S.

and

Federal

$5,205,000

in

in

$6,508,115

in 1954 and

Normal

1953

1953.

p.

100.

Sulphite

1954

1953

$3,539,059

1,105,373

2708.

p.

3,150,168

98,867

and state

income taxes

134,207

Cr22,822

used

to

pay

&
for

10

cents)

Co.,

the

to

be

Providence,

machinery

and

have

176, p. 57.

operation
gage

of

3'/b%

interest.

been

the

called

sinking

bonds,

Incorporated,

for

fund,

series B,

Payment will be
23 Wall

the

of
and

owns

stockholders

of

plant

in

operates

a

Seagram-Distillers Corp.—To Build New Headquarters
A

new

towering landmark
was
at

stories

due

made

Oct.

Oct.

through
first and refunding mort¬
1971, at 100>/2% and accrued
on

1,
at the office

of

Park

of

to

four

metal

of

all

proposals

marble

these

and

53rd

for

New

July

on

Avenue,

headquarters

Street

52nd

12

the

the

of

indicate

costing in

A. Fischel,
skyscraper will

affiliated

Seagram

east

of

side

Park

$15,r-

President.
house

th®

companies.

four

with

a

the

on

of

excess

Victor

34-story
structure,
covering the entire street

bronze

Street

York,
by

proposed

from

area

Above

Avenue.

tower.

stories

Construction

the

1957,

of

year

of

marble

the

and

bronze

will

rise

a

building is scheduled
the
100th
anniversary

new

marking

30

for

of

story

monu.-

completion
the

in

House

Seagram.

This
years

redemption
$240,000 of

announced

375

Preliminary

Over

There

approval

Co.

Sulphite Pulp & Paper Co. also has a wholly-owned Canadian
which has substantial timber holdings in Ontario.
George
will continue as the principal operating executive in the
company's operations.—V. 179, p. 2811.

000,000,

♦$178,738

Saint Paul Union Depot Co.—Partial Redemption—

with

Paper

58,845

$111,999

loss

income.—V.

statutory
&

Carleton

Detroit

17,100

Depreciation and depletion

♦Net

Pulp

city

national

$1,069,419

Federal

tax

requisite

company.

Detroit

on

Interest charges

for

shares

five

subsidiary
N.

Co.—Reports Loss

Cost, expenses and taxes

Net

for

of Detroit comprising a' bleached sulphite pulp mill with &
capacity of 150 tons per day, six paper machines and converting
equipment.

of

taxes

Canadian

$1,416,000 in 1953.—V. 180,

earnings

Provision

of Scott

Detroit company.
The performance of
the transaction being a tax-free reorgani¬
law
existing at the time of closing arid

rated

In¬

Surtax

and

Tax

and

St. Louis, Rocky Mountain & Pacific

Gross

shares

common

the

to

for

$7,050,000

amounts

1954

common

ended

$13,665,971.

$12,701,047

amounted

income

3,478,550

were

for

amounted

income

shares,

the

to

Detroit

three

of

subject

Scott

Pulp

Scott

stock

Federal

under

subject

the recovery of excess
profits taxes
total of $1.83 per share of common

the average number then outstanding. The
average number of common shares outstanding in 1954 has increased
by 494,870 shares over the average number outstanding in 1953.
At
1954,

zation

the

$1.76

of

is

19

which

Sulphite

the basis of

on

common

agreement

from

of

year

shares

is

the

the

cents from

years,

2,874,651

on

This

that the two companies had entered into
Paper Co. is to acquire all of the
& Paper Co. in exchange for 125,092
Paper Co.
1

July

on

under

Detroit

common

of

outstanding

number

average

of

assets

Acquisition—

President of this company, and
George N.
Detroit Sulphite Pulp & Paper Co., Detroit,

McCabe,
President of

agreement

an

the

1953.

deducting preferred stock dividends of $680,661, these earnings

amounted

stock

24

$6,615,971.

$5,980,047

years

weeks

24

the

to

B.

Carleton,
Mich., announced

Safeway Stores, Inc.—Earnings Increase—
Net

taxes,

Rheem

Riverside Plastics Corp., Hicksville, N. Y—Files—
covering

Outstanding
*2,993,905 shs.

properties

Canada.

company

the

on

by

ing,

fcEC

FINANCING

in the exploration of the uranium deposits
on 7,456 acres
(94 claims or lots) of mining properties.
The company's initial property acquired in. 1950 consisted of ap¬
proximately 600 acres of mining claims in Callieres Township, Quebec

1953

1954 y.

income___

on

common

&

conversion

common.—V.

$2.03

outstand¬

common

1,249,308

on

The

of

and

shares

PRESENT

$2.11 per 50
guilder shares

$1,426,506

quarter

per

shares

April 30—

provision for taxes

12 Months Ended June 30—

Net Sales

$46,710,816

quarter

For

lesser

a

to
50

-

Net income

for

machin¬

shares

or

principal

Quebec,

The

$15,195,268 $16,789,187

♦Provision

diamond-

pay

Russell Co. (& Subs.)—Earnings—

Ended
before

Net

U.

above

,

2nd

were

the

on

257.

p.

for

expenses,

1,000,000

said

Mining Companies

Located

comparison

slightly
1st

there

amounted

Dividends

quarter.

improvement

_

the

for

been

(when

1952

Dividends

sales

June,

Manufacturing: Co.—Earnings Show Gain—

The company reports for the first half of 1954 net
earnings of
$3,295,819 in comparison with $2,775,632 for the first half of 1953.
Consolidated
net
sales amounted
to
$92,223,000 compared to
$94,200,000 for the same period of 1953.

Bumper

(F. C.)

first

indicates

preparations

and

180,

to

development

completion

£130,413,373

to

($351,693,689) in 1952.
dollars per 50 guilder
stock
dividend,
amounted

£125,604,889
of

1952.

used

3,000,000 shs.

which

1950,

BUSINESS—Corporation
The

a

1,000,000
a

share.—V.

will

Zones.

BD

that

are

additional

an

to

probably

production
1954-55

the

expectations

and

1953

July

on

stock

purposes.

TO

issued

Montreal

of

said

to

interest

U. S. registry are to be paid in U: S. dollars at the then current
rate by Chase National Bank, U. S. transfer and dividend
paying agent for Royal Dutch.The Chemical Bank & Trust Co. has been appointed New York City
registrar of certificates for not exceeding in the aggregate of 6,000,000
shares of the Royal Dutch Petroleum Co., Carel van Bylandtlaar 30,
The Hague, of a nominal or par value of 50 Netherlands Guilders per

tax

be

EFFECT

shares

early

Trust

writers

9,106

exchange

three

next

in

$9.35

outstanding).
in

257.

p.

exploration

corporate

$1—Canadian)__

(par

1,000,000

company

Guardian

of

mapping,

heretofore

seven

situated

in

objective

reserve

months, emphasis is being placed
prospecting and surface drilling with
machines. This work will provide conclusive tests as to the merit

two

of

as

engineering
the

for

ore

company reports mining
large low cost open-pit opera¬
study.

deposit

ore

current

and

detailed

on

•<*

Diamond

under

with

4,000

cords.

months.

possibility that its 1,000,000 ton
during this season's work, this

attained

the

of

and

1953

shares

of

Income

of this year showed a sharp drop
with 1953, we are optimistic about the
future of the steel business," Mr. White declared.
"Republic has proven that good earnings can be maintained with
steel

in

$9.22

amounted

companies

group

compared

as

guilder share

Years

for expansion and im¬
provements of this corporation's plants and equipment have been ap¬
proved by the directors, C. M. White, President, announced on July 21.
This
is
the
largest appropriation made by Republic, the nation's
third largest steel producer, since the steel industry production rate
began to drop nearly a year ago.
in

to

Net

nearly

totaling

share

ber

of

income

Dutch's share, expressed in terms
and
adjusted
for the recent 20%

Royal

each

quarter.

To Increase Facilities—

•

,$365,157,444),

tons.

to

orders

succeeding month

1953,

of

quarter

capacity.

net

1953

180,

common

i

The

long-term

a

Corp., Montreal, Canada—Stock

tons.

The

is

approximately

25,000,000

project will cost $30,000,000 including provi¬

Uranium

equipment,

Common

($4,760,000,000).

companies owned, or had an
products pipe lines, of which

group

crude

project
on

Shell Group/in 132 countries of the

in,
miles
were
in
the
United
States.
At
the same
date,
group
companies
owned 201 tankers totaling 2,033,000 dead weight tons and operated
under period charter 252 tankers
with a total tonnage of 4,242,000
31,

miles

the

in

Alberta

estimated

an

by senior financing.'—V.

(approximately

and

miles

■

the Royal Dutch

of

amounted

Dec.

is

States

f

World

At

factor

with

(par $1Caandian) at 22lk cents per share (U. S. funds) "as a
speculation" in units of 100 shares at $22.50 per unit.

from

company.

in

1953

12,410

plane

the

on

other

on

of

Royal

owned

,

Exchange

shares

its

listed

already

ponents.
Free

fighting

raised

Simeon

titled

Royal Dutch/Shell group companies comprise one of the larg¬
integrated international oil enterprises in the world.
Shell Oil

brings engineering closer to production," said Alexander
Vice-President and Chief Engineer,
It will speed work on

p.

St.

lifting or lowering

for

loading

a

The

In

move

future

the

being

American

"This

Dutch,
as

English

an

basic

Province

Authorized

front of

Stock

of

listing

a

are
world.

the

of

Royal

$750,000.

Kartveli,

in

York

New

They

known

1954 will equal

aircraft

the

on

seek

to

change.

Peale,

I.

pavement

this com¬
pany
commenced on July 20.
Commenting on this, J. H. Loudon,
General Managing Director of Royal Dutch, said that the international
character of the company's interests and the fact that approximately
15% of its outstanding shares are held In the U. S. led the manage¬

backlog approximately $1,000,000,000.

period last year the

same

Mundy

year

a

Trading

The

1953.

engineered

A

the

timberlands

Offered—Philip Gordon & Co. Inc., New York,

upon

compared with $188,299,571 in the corresponding period in
backlog of unfilled orders at present totals $918,000,000.

901,615,

the

Royal Dutch Petroleum Co.—Trading Begins—

compared with a 1953

as

in

dock, this rampsuitable for either trucks or trailers—a heavy duty electric hydraulic
system adjusts the level of the carrier's bed to the level of the dock by
an instant-acting push button control.—V. 179, p. 828.

company
well as $1.50 in cash
in 1954 amounted to

as

Regis.

from

working capital. St. Regis and North Canadian Oils will provide
capital equally in a total amount of $10,000,000 and the bal¬

drilling

Device Featured—

hydraulic adjustable ramp
loading or unloading.

$1.30

$1.40

while

Installed

The

$12,367,506 and Federal taxes of $8,628,206.
six months ended June 30, 1954 amounted

gross income of
Sales for the

At

year

1953,

Gross

during

$9,483,544

the

in

late

dividends

outstanding.

then

stock

common

St.

will be

catalog sheet describes and illustrates the company's 40,000-lb>

capaclty

July

on

by

grant

miles of

PROCEEDS—The

16 reported net income for the first half
of
1954
of
$4,590,544 after provision for Federal income taxes and
the New York State franchise
tax. This was equivalent to $3.77 per
share
on
the
1,216,540 shares of common stock outstanding. In the
same
period of 1953, Republic reported net income after State and
Federal
taxes
of
$3,739,300, equivalent to $3.38 per share on the
corporation

4,562,101 com. shrs. outstdg.)

2080.

p.

5,203,339

share

for

ance

ery

Republic Aviation Corp.—Net Earnings Show Gain—
The

179,

5,692,815
$1.25

3,003,660
$0.66

-

Rowe Methods, Inc.—New

100.

p.

profit

Earned per shr. (on

folder

made
mechanical

of results is a separate

comparing

but

Net

automatic

with

5,459.668

oustanding

common

is estimated that

13

of cards containing errors is the subject of a new
by this company.
this method, the original
and the verify punching are

flagging
released
in

method

$7,122,208

$

66,595,415 134,635,373
6,384,117
12,100,918
3,380,457
6,408,103

-

before taxes on

6 Months

$

sales

Net

Federal

mechanical

timber

equity

3 Months

Remington Rand Inc.—New Method—
A

managed

sion

Co.—Quarterly Earnings-

1954—

8,005,920
7-r#

$7,957,391

1

per

square

Rockwell Spring & Axle
Period Ended June 30,

7,626,175

income
shares

of

both

2682.

p.

86,617,409

In June, the company
reports, St. Regis signed a contract with North
Canadian Oils, Ltd., to participate in the
financing and building of ft
300-ton
bleached
kraft pulp
mill at Edson, Alberta, which will be

royalty rates of this corporation,

black-and-white

sets,

the SEC on

$101,745,537

85,782,187

expenses

Provision for taxes on income-

It

patent

kinescopes,

with

to

Mortimer

York.—-V.

New

filed

was

1953

$101,365,753

and

A

purchase 23,029 shares of common stock at $2 per share
be
sold
for the accounts of two selling stockholders

to

are

through

1955, were announced
on
July 22 by Ewen
Vice-President, Commercial Department.
The

1,

Executive

notification

of

warrants

ceivers and TubesJan.

letter

A

"

1954

sales

Cost

Earnings

,

| Reduces Royally Rates for Radio and

Regis Paper Co.—Earnings Show Gain—

Common

Rockhill Productions, Inc.—Files With SEC—

Monday, July 26, 1954

.

6 Months Ended June 30—

Net

Net

July 13.

on

pointed out, substantially reduces the number of tubes and components
required in a color set and results in a significant reduction of costs.
The introductory price for the
new tube, to equipment manufac¬
turers,

of subordinated debentures,
serially to May 1, 1964, it was announced

issue of $300,000

an

series A, due

Watts, Executive Vice-President of the Electronic Products.
At
the
same
time, RCA will demonstrate a new color television
receiver
chassis having greatly simplified circuitry.
This, Mr. Watts
by

St.

Sold

Finance Co., Green Bay, Wis.—Debentures

Rock

American-Announces New 12-Inch Tri¬
Picture Tube—

Radio Corp. of

color

.,

J.

Street, New York, N. Y.—V.

1,

P.

next,

Morgan

178,

p.

390.

&

Co.,

on

$100,000,000 Spent for Advertising Since Repeal

corporation
since

the

charge
heads
Mr.

Repeal

in

the

that

disclosed

and

O.

budgets
and

history.—V.

$100,000,000

never-ending

public's consciousness, George
advertising and promotion,
Seagram executives on July

Mosley

of

excess

of

Seagram's V.
its

spent

effort to impress its story

and

campaigns
in

has

employing

determined

in a

for

the
its

Seagram's

154,

p.

800.

E.

tolc)
14.

pressure

of

Mosley,

500

during

1954

Seagram

national

three

brands,

Seagram's

Bottle

were

irt

distributor

Ancient

Gin

superiority

Vice-President

Seagram

the

advertis¬

of

product

advertising
7

the

Crown,

greatest

i

Volume 180

Number 5345

Seattle Gas Co.—100%
The

directors

stock

for

have

each

declared

The Commercial and Financial Chronicle

...

Stock Dividends—
dividend

stock

a

of

treasury funds

♦
of

com¬

stock to be payable
bs
soon
after Aug.
16, 1954 as possible to common stockholders of
record as of that date.
The capital surplus amounting to $2,924,873
will
be
transferred
to
capital stock in addition to $236,497 to be
transferred from earned surplus account, increasing the capital stock
mon

outstanding share of

Minnesota

Co.,

common

in

in part to reimburse the, company's
made in the stocks of Great Northern Oil
Line Co., South Saskatchewan Pipeline Co. and
equipment and other useful property.

will be use<l

and

drilling

Pipe

barges,

Period Ended June 30,1954—

This

has called for redemption

company

$12,500,000
principal
March 1, 1967.

$6,322,740.
The stock distribution is subject to approval of the Washington P. S.
Commission. The Seattle-First National Bank is stock transfer agent.—

amount

its

of

Aug.

on

Net

1954 the entire

23,

3%%

15-year

debentures

debentures

The

redeemable at 102 Mt plus accrued interest at the

are

offices of The Hanover Bank,

2374.

p.

time

prior

The

Signode Steel Strapping Co.—Special Offering—Ames,
Emerich & Co. on July 15 made a special offering of
5,000 shares of common stock (par $1) at $20.87% per
share, with a dealer's concession of 50 cents per share.
It was quickly completed.—V. 177, p. 984.

will

Aug.

to

the

at

70 Broadway, New

York 5, N. Y., at

price of

conversion

terminate

the

at

close

$35.62Vi

per

business

of

share
Aug.

on

of

the

any

senior

with

interests

Model

Mr.

Co., and

the

in

is

United

23,

179,

1954.—V.

Hotel

Corp.,

Development

Las

The

Vegas,

of

States,

America

South

of

the

Board

Europe.
Tramways

and

133,

Irving Trust Co.,

New York,

has

been appointed

pipe line bonds, 3%%

trustee for

reports

company

Gross

operating

$13,142,615

for
and

increase

an

the

Jersey Gas Co.—Secondary Offering—A sec¬
offering of 77,500 shares of common stock
<par $5) was made on July 19 by The First Boston Corp.
and Wertheim & Co. at $22 per share.
It was over¬

Net

of

filed

Stone

of

Securities

Webber, Jackson & Curtis; Boettcher & Co.; Bosworth,
William R. Staats & Co.;
Hutchinson & Co.;
&

to

are

Co.,

be

Inc.

public

The

supplied

by

offering
°

price

and

Corp.;

11%

and

major

terms

underwriting

«hares
with

to

its

made

projects

included

in

such

1955,

in order to com¬

will

program

the

connection

the

for

carrying

the

aggregate

Southern Indiana Gas & Electric
revenue

Gross

income

Net

1954

after

Federal

income

etc._

epr

p.

179,

share

facture

2,429,273
2,040,674

412,296

$1,628,378
799,167

$2.03

:

A

in

by Bache & Co. and associates of 156,250 shares of

This offering
Further details follow:

heavily oversubscribed.
BUSINESS—Company
Tor

the

ment

of

Southern

and

Materials

sale

the

preparation,

one

subsidiary,
lighterage

The

of

Corp.

sand

delivery

The

and

and

is

company

gravel

sale

from

engaged

natural

ready-mixed

of

in

'The

the

V.

activities incident

executive

offices

of

to

the

business

the

company

of

the

located

are

2125

The
SEC

Kimball

be

2,

1954

debenture bonds due Nov.
JDeed

of

trust

Common

"•By

($2

the

no

value,

par

pursuant

©f

par

$2

of

authorized

1954,

outstanding

company

of

changed

was

shares

of

$2

issued

of no par value,

owned

or

DIVIDENDS—The
19c

11,

share,

per

board

payable

has

Nov.

by

or

varying rates up to 3%, $5,000

©f

value.

split of

a

controlled
members of their families.
are

25,000
On

2,

1,

1954

within

one

to

initial quarterly dividend
stockholders of record Oct.

1954.

UNDERWRITERS—The
take

to

below-named

and pay for

underwriters

under

are

the 156,250 shares offered

as

This

,

.

Merrill

Shares

,

Co

&

Anderson

26,000

Horner & Mason,

shares

See

also

V.

180, p. 257.

5,000

5,000

Chenery,

consummation
new

issue

The

a

"first

taken

were

The

National
Nov.

of

Bank

Aug.

15-year

on

in principal amount of $26,000,000,
National Bank of the City of New York,

of

1,

Chicago,

The Hanover Bank and The
These notes mature quarterly from

1962.

$26,000,000 of
notes,
known as
"second
series,"
quarterly from November, 1962 to August,
1969, and
were
privately by Eastman, Dillon & Co. with a limited number of

investors.
All

$1,100,000

of

indebtedness

of

non-interest

bearing

the

company

will

be

paid

off

except

The con¬
vertible debentures of the company in principal amount of $12,500,000
have been called at 102 y2 plus accrued interest as of Aug. 23, and
funds

have

debenture

been

issue,

deposited with The
for this purpose.

The

Hanover

obligations.

Bank,

trustee

of

the

sum of
approximately $8,500,000 will remain from the proceeds
new note issues after the
payment of all long-term debt, with
exception above noted, and of the expense incident to such re¬
funding. The total Interest charges of the company are not changed
substantially by this transaction.
The new
funds
received
become

of these

-

unsecured




of

lower

of

tax

the

at

current

the

This

also

Automotive

year

resulted

parts

lower
industrial

from

and

quarter

by $2,116,767
and amounted
loans were $25,000,000, compared
the fist quarter.—V. 178, p. 1822.

of

be

to

used

pay

expenses

incident

to mining

Uranium

July

on

Corp., Salt Lake

and

filed

17

shares

cents

Exchange

of

The net proceeds

to

are

letter

a

of

(par

Charles

be used

mining operations.

notification

stock

common

through

share

per

City, Utah-

Commission—

to pay

;

the

with

to

cent)

one

Weinstein

&

Co.,

incident

expenses

%

Pipeline Co. — Notes Sold Privately — The
has placed privately, through Dillon, Read &

Corp.—Stock

Offered—A. C. AUyn & Co.
July 22 publicly offered 200,000
(par $5) at $12.75 per share.
oversubscribed and the books closed.

associates

and

shares

of

net

par

with the
to
be
The proceeds

value.

proceeds

Union Carbide

180, p.

for

used

1

$

$

267,459,224 435,156,792

5,611,713

Total

general

and

1954—6 Mos.—1953

$

214,166,621

(net)

capital

Corp.—Earnings—

1954—3 Mos.—1954
$

sales

working,

101.

Carbon

&

Period End. June 30—

Net

debentures

be

to

are

corporate purposes.—V.

notification

on

stock

common

5,150,745

528,155,328

10,920,675

9,341,596

219,778,334 272,609,969

44,6,077,467 537,496,924

gen'l and admin, exps.

156,189,405

186,450,956

315,658,i21

366,828,115

Deprec., amortiz. & depl.

22,951,392

17,644,158

45,855,391

34,673,221

Int. on promissory notes

Mutual Life In¬

2,820,000
17,458,104

2,887,500

5,640,000

5,764,583

38,843,875

37,120,752

77,752,425

20,359,433

26,783,480

41,803,203

52,478,580

$0.70

$0.93

$1.44

Cost of goods sold,

the proceeds will be
and purchase money

taxes

Earnings—

selling,

(est)—

income

Earnings per share

,

—V.

Directors on July 23,

179,

$1.82

'

2477.

p.

■4+

ended

six months ended

June

30,

of

1953

stock outstanding June 30,

common

1953.—V. 180,

p.

100.

California—Conversions—

of

1954 called for redemption on July 29,

$31,840,000 outstanding 3Vs%

1954

convertible debentures, due >1972

convertible through July 19, 1954. Holders
of $31,383,000 debentures exercised
their conversion privilege and in
exchange for their debentures have received 766,387 common shares.
which

(subordinate),

1954. This compares with earnings for the
of
$3.03 per share on the 7,086,914
full

Co.

The company on June 29,

all of its

of $21,659,462.

1953

Oil

Union

dividend requirements of preferred stock, net
six months of 1954 are equivalent to $2.64 per
full shares of common stock of the company

the
first

corporation has
stock,

issued
dall

Oil

in

1950

Co.

into

redemption

to

Pursuant

Co.
•I

were

Read &

standby agreement with the company, Dillon,

a

Inc., on behalf of itself and certain other investment bankers,
during such conversion period
to
purchase any debentures

offered

tendered

See V.

outstanding.

1950,

number

total

them

to

180,

and

to

such debentures into

convert

common

shares.

101.

p.

to

only

its

shares

279,088

United Funds, Inc.—Assets Rise—

Shares—
of

5%%

second

outstanding,

tenders

Oil
or

resulted

call

of

with

Sunray's
the

Corp.

The

conversion
the

in

second

merger

of

preferred

the

former

stock
Barns-

company's consistent policy
these shares into Sunray

of

fast

reduction

in

these

shares

July 2 resulted in 214,743 shares of second
preferred being converted into Sunray common or redeemed for cash.
Of

total

the

of

shares

issued, 296,587 shares were pur¬
chased
by the corporation on tenders and 41,126 shares purchased
on
calls for redemption for a total of 337,713
shares, all of which
have
been
retired.
For
the
2,082,056 shares converted, a total of
approximately
remaining

basis

—V.

1.1

of

180,

originally

2,670,000 shares of Sunray common stock were issued.
outstanding
279,088
shares are
convertible on
the

share

of

common

for

each

share

of

second

preferred.

100.

p.

1954

1953

$91,741,428

$65,211,377

6,284,365
$14.60

5,547,361
$11.76

As of June 30—

Income

United
Net

shares

Sunray
has

The

the

July 16.

connection

on

shares

common

on

of

2,698,857

were

in

reduced

series

announced

was

The

present

effect

profits

Bank

end

to

are

25

Ultrasonic

7,653,910

months

six

This

of

notes.

such notes,

Chase

the

There

July 22 announced the
of debt of Southern Production with

Bank of New York.
to

Board,

remaining

mature

placed

The

National

1954

1,

The

the

the refinancing
$52,000,000 one to

series"

City

of

of

of

by

First

Chairman

for

year.

the

30.

June

1,175,000

at

York.

Inc.

corporate purposes.—

subsidiaries report for the

and Its

meeting
the

preferred

Southern Production Co., Inc.—Refinances Debt—
T.

excess

Triangle

at $3.75 per sh.

Sunray Oil Corp.—Reduces Preferred

5,000

Wyllie and Thornhill

it

C.

favorable

the

of

Corp.

Patterson

&

out¬

share in
paid

per

dividend

gain.

during

corporation

covering

Income

outstanding as of June 30,
first

Miller

stock

1953.

in

dividends,
stock

Co. Inc., an issue of $6,000,000 of serial mortgage notes,
it wasvannounced on July 21.—V. 174, p. 1897.

7,500

Norfolk

22,000

$3.97

10%

the

of

shown

Securities

With

company

178,

a

months

six

on

12,500

24,000

with

the

period
stock

common

..

1954,

After

Proctor & Paine___

Investment

Inc.

to

1198.

earnings for

20,00o

Abbott,

Mason-Hagan, Inc.

of

President,

Co.—Semi-Annual

company

the

Strudwick

&

reflects

this

of

at the

proceeds,

offered

be

consolidated net income of $20,407,464 after setting
aside
normal
reserves
for
depreciation, amortization, depletion and
Federal Income Taxes.
This compares with a consolidated net income

Willis, Kenny & Ay res, Inc.

Lynch, Pierce,

Fenner & Beane

Ecott,

Shares

29,250

SEC

15-year loan at 4%%.

R. Sidenfaden,
oustanding 6%

its

177, p.

Oil

3CT,

share

Bache

letter

a

Joseph N. Pew, Jr., Chairman of the Board of

firm

a

follows;

net

Net

i

for

commitment

5.—V.

series

with Massachusetts

is negotiating

W.

redeem

to

June

year.

filed

19

$1,000,000

a

announced:

an

to

for

notes.—V.

1960 and bearing interest

being due

declared

the

July

on

corporation

Sun
of

used

Co.

used

25-for-l.

stockholders

of

on July
12 filed a letter of notification with the
299,000 shares of common stock (par one cent) to be
per
share through A. L. Albee & Co., Boston, Mass.

$1

at

The

Plainfield, N. J.—Files—

($100 per share), without
for working capital.

According

shares

July

for

products.

slight

a

This offering was

par

be

to

The

25 shares of common stock
in exchange for each share of previously

IDue at varying dates on or before Feb. 2,
*t

par

from

same

preferred

corporation

covering

Files

new

With SEC—

19

at

at

21,

June

months

Trans-Wdrlld

Oronite
the

covering 4,324 shares of Common stock (no par)
$25 per share, and 202 shares of preferred stock to

July

surance

filed

incorporation

by

Suburban Gas Service, Inc.—Private Placement—

42,000

625,000 shs.

authorization,

stock

common

all

stock

1,000,000

board

were

tSubstantially

certificate

the

common

to

to

value

value)

par

amendment

1954,
©f

stock

the

shares

compares

expiration

sales

of

on

Other income

Outstanding
t$140,000

$450,000
1
58,000
•1,000,000 shs.

15, 1955-

notes

six

operations.

July 14 offered 48,730

used for general

be

to

are

corporation

on

are

Authorized

proceeds

offered

offered

AT'JULY

income

aircraft

of

$45,000,000

The

Terrace, Norfolk 12, Va.
CAPITALIZATION AS

first

the

increased

The

manu¬

160.

p.

Stavid Engineering, Inc.,

company.

at

net

180,

Southern Lighterage Corp., a Virginia
marine equipment to the company for use

leaess

the

marketed by

shares of class B common stock (par $1)

and
has

It

This

adjusted

from

level

three

offered

7

—A. M. Kidder & Co. of Miami on

deposits,

concrete.

for

State Fire & Casualty Co., Miami, Fla.—Stock Offered

wholly-owned,

oorpbration, which
In

and

certificates,

investment

of

1,314,357

1954.

1953,

1953.
in
net

$49,339,999

SEC

company

$500,000

subsidiaries

and

*$183,114

manufactured

as

245.

p.

was

incorporated in Virginia on Nov. 9, 1945,
operating the properties and equip¬

was

and

17,

on

Tex.—•

June
30, current assets were $101,958,118 and current lia¬
including notes payable to banks, were $52,618,119.
Working

to

filed a registration statement with the
1954, covering $5,000,000 of accumulative certificates,

July 19,

on

series

of acquiring and

purpose

production

SEC

com¬

stock (par $2) at $9.50 per share.

mon

lower

of

As

$2.04

Offering—Mention

extending

Longview,

1953.

first

New

issue of July 19 of the public offering

our

line

near

Titan Manganese Mining Corp.—Files With SEC—

State Bond & Mortgage Co.—Registers

Southern Materials Co., Inc.—Stock

20-inch

line

bilities,

Facilities will include a
service
laboratory.
It is

investment

in

resulting

deliveries

fully equiped engine testing and
customer
expected that the plant will be
in operation by the end of tnis year.—V. 17a, p. 2477.

2611.

made in

$22,953

-

manufactured

bo

extending

,

increase

of

the

Cr7,500

Cr21,442

additives

oil

will

States

of

line

Joaquin, Tex., area to
Tex.
From
that point

to date is
due almost
entirely to reduced shipments of aircraft products, ac¬
cording to Mr. Wright.
Sales of automotive parts and industrial
products were down only slightly from last year.
Sales
during the second quarter were somewhat below those for

a

lubricating

United

miles

24-inch

16-inch

of

the

capital

corporation, now constructing a plant for
lubricating oil additives at Hull, England.

complete

the

company.

This

"was

have

of

in

County,

$5,357,618 in
provision
for

the

on

30,

June

period

rates

The

wholly owned subsidiary and the Distillers
announced tne formation of Orobis Ltd., a jointly
Co.,

with

after

share

September,
The

California—New Affiliate—

of

31.5

existing

corporation

compared

on

tax

153,844
174,450

•

87,531

British

owned

$1,857,949
913,333

outstanding end of period

—V.

in

1484.

p.

Oil Co.

Chemical

Ltd.

Co.,

412,296

179,

this

products showed

*

——

loss.—V.

of

per

same

The

1953

2,678,582

.

Balance

Earnings

the

—

957,279

build

equivalent,

standing

goods and services—

profit

Net

Oronite

2,270,245

taxes,

interest, etc
preferred stock

on

of

required

Standard

$13,815,968 $13,050,825

,

income after

"Shares

Net

Co.—Earnings—

12 Months Ended June 30—

is

$4.80

with

r

Dividends

to

Federal income tax for prior years

for

longer

no

payment of bank loans
such program.—V. 179,

of

out

p. 2146.

Gross

This

goods and services

Provision

♦

and

program,

with

sales

$6,490,502,

Milling Co.—Reports Profit for Year—

sale

station

Panola

of 1954 amounted to $144,410,319, it was announced on July
by J. D. Wright, President.
For the
corresponding period of
1953, net sales amounted to $169,416,436.
Despite this decline in sales, net income was up. amounting to

31,

charges including loss on disposition of
Kansas City mill machinery and equipment—
Depreciation

the net proceeds from the sale of the preferred
payment in part of obligations incurred in connection

construction

in

12

58

19

1953,

31,

Special

to apply

proposes

the

.

made after Dec. 31,

to be

of

approximately $2,000,000.
It

ended May

months

May

in

its

of

Power
of

estimated

Total

Thompson Products, Inc.—Sales Off—Net Higher—

1954
1953
$19,560,352 $34,707,448
16,746,499
31,938,048
Selling, advertising and administration expenses
1,583,586
2,306,137
Deductions from income
183,946
325,583
Cost

Rauscher,

amendment.

that expenditures

the

for

Standard
Income from

company estimates that its 1954-1956 construction program will
Tequire expenditures of approximately $5,250,000 during the two years,

plete

in

ended

to build 26.5 miles

field

would

terminus

Texas.

$3,269,000.

compressor

gas

in

months

Year Ended May 31—

Paine,

The

and

months

for the 12
each instance.

is

line

180, p. 298.

end

Sullivan & Co.,

Inc.;

Tierce

ended

months

12

an
application with the Federal
authorization
for
the
construction

proposes

existing

Eastern

filed

transmission

gas

project

company
an

to^the
V.

1954 was $7,405,457,
per
share on the
end of said period,
and $1.76 per share on average shares outstanding during said period.
For the
same
12
months period of
the preceding year, net income
was $6,259,049, equal after preferred stock dividends, to $1.52 per share
on 3,815,006
shares outstanding at end of said period, and $1.61 per
share on average shares outstanding during period.—V. loO, p. 2s(7.

180, p. 100.

Webster

&

the

Carthage

Texas

income were $31,601,287 apd
May 31, 1954, compared with

gross

natural

of

The

a

composed

group

of

from

after preferred stock dividends to $1.69
4,087,477 shares of common stock outstanding at

registration statement with the SEC on July
21,
1954,
covering 30,000
shares
of
4.72%
series
preferred
stock
(cumulative $50 par), to be offered for public sale through an under¬
writing

cost

equal

Southern Colorado Power Co.—Registers With SEC—
company

income

and

$11,892,387

South

ondary

The

miles

gross

revenues

.

The corporation has
Commission
requesting

a

common

Net

an

series due 1973.

$28,550|564

subscribed and the books closed.—V.

of

operating revenues of $2,574,317. for
the month
of
May
1954,
compared with $2,418,631
for the same
month of the previous year.
Gross income for May 1954 was $1,054,630 against $999,423 in the preceding year.

South Carolina Natural Gas Co.—Trustee—
The

Issue of $4,000,000 first mortgage
See also V. 180, p. 160.

filed

2

shares

Southwestern Public Service Co.—Earnings—
The

455.

p.

July

on

5,000

the

Mexico

of

Lehigh Coal & Navigation Co.—V.

corporation

covering

2374.

179, p.

Texas Eastern Transmission Corp.—Proposed Expans'ii

letter of notification with the
stock to be offered at par
($10 per share), without underwriting.
The proceeds are to be used
to pay expenses incident to
planning, constructing and operating a
resort-type hotel.
SEC

t

Lynch, Pierce, Fenner & Beane on July 20 completed the
of 51,400 shares of Technicolor, Inc. common stock under
exchange distribution approved by the American Stock Exchange;

an

Southwestern

Model,

Chairman

also

director

a

of

$99,452

distribution
—V.

Roland & Stone, members of
New York Stock Exchange, has been elected a director.
Sofina, with headquarters in Brussels, is one of the world's leading
International financial, utility and industrial investment companies,
partner

*$100,186

income

Merrill

stock

common

2146.

p.

(Sofina)—Banker Elected to Board—

Model,

103,000

Technicolor, Inc.—Distribution Completed—

com¬

Nev.—Files With SEC—

Leo

,452

$

23.

convert the debentures into common stock of

right to

pany

Societe Financiere de Transports et d'Entreprises Industrielles

"$206,186

Crl08,000

•Loss.
tAfter provision for
depreciation of plant, all selling &
general expenses, and provision for state iranchi— taxes.
The company had outstanding as of June 30, 1954 a total of
1,012,984 shares (including scrip for fractional shares).—V. 179, p. 1271.

due

,

170,

Three Months Six Months

tOperating profit and miscellaneous income.—
Fed. inc. taxes (est.) & prov. for contingencies

To Redeem Debentures—

to

V.

U

Symington-Gould Corp.—Quarterly Earnings—

investments

for

treasury

share

one

(355)

Shalres
Net

outstanding
value

asset

-

Fund:

$31,765,403 $16,649,118

assets

Net

Shares
Net

outstanding
value

asset

assets

Net

asset

Net

value

$11.91

assets

Shares

2,587,581
$7.18

2,506,761
$5.64

$5,973,315

$3,032:402

1,116,399
$5.35

719,577
-S4.21

—

per

Continental

United

Net

1,398,424

$18,576,447 $14,129,258

-

—

_

Shares outstanding
Net

4,231,691
$7.51

>,.

—

share

per

Science Fund:

United

—V.

.

share

per

Accumulative

United

,.

Fund:

assets

share—

Fund:
—

—

outstanding

asset

179,

value

per

share

—

2417.

p.

I

Supermarket

Merchandisers of America, Inc., Phila¬

The
SEC

corporation

covering

offered
York.

at

The

business

on

net

July

15

filed

a

letter

of

notification

with

the

shares of common stock (par 10 cents) to be
share through Milton D. Blauner & Co., Inc., New
proceeds are to be used for working capital and for

199,700

$1.50

per

expansion.

United

Funds

Canada

Ltd., Toronto,

Canada—Regis¬

ters With Securities and Exchange Commission—

delphia, Pa.—Files With SEC—

This

register

Fund

with

has

the

filed

an

application

with

the SEC

for permission to

Commission as an investment company under tile
Act" of 1940 and to make a public offering of its

Investment Company

(Continued

on

pa£e 50)

v*

12

The Commercial and Financial Chronicle

(356)

Per

DIVIDENDS

Name of Company
Fuller Brush Co., class
Class AA (quar.)

Dividend announcements are grouped in two separate
tables.

first

the

In

indicate all the dividends

we

Gar

an¬

Wood

during the current week. Then we follow with
second table in which we show the payments previ¬

General

Name

ment

Steel

Acme

Advisers

Co.

Fund,

net

Alabama

net

Gas

Corp.,

(Increased

$3.50 prior preferred (quar.)
Power Co., 4.20% preferred

Allis

preferred

(Louis)

Co,

Extra'

20c

Aluminum

Co.

Furniture

American

Fuel

Ayshire

Collieries

Bankers

Co.

Corp.

Commercial

Beaver Lumber

Garden

Extra

South

Real

C

&

Tar

&

preferred

A

preferred

pief.

net

'

(quar.)

Ltd.

(quar.)

___!

I

37'Ac

$37'Ac

9-

1

8-

9-

1

8-1 3

$25c

1

9-

8-13

Extra

8-16

7-30

Louisiana

9-

8-16

Lucky

7-30

Lynch

8-

2
1

8-20

Land

Meadville

7-20

8-

25c

9-

1

9-

1

9-

1

8-10

50c

7-20

9-11

9-

8-

Midvale

8-16
8-

3-

1

Miles

7-20

9-10

2nd

8-16

Mississippi
Mission

1

9-15

10-

1

9-15

10-

1

9-15

Class

B

Missouri

8-31

7-30

7-30

7-19

9-15

8-25

35c

9-15

9-

1

9-

3

25c

9-17
8-25

8-27

8-

8-

2

8-

1

5»A%

17'A %
45c

$10c

10-22
9-25
11-

Mutual

8-25

8-

10c

8-14

8-14

8-

N.

1

—

___ZIIIIIIIZZ

(G. C.)

preferred

(quar.).

preferred

(quar.)___

1

9-

1

9-

9-

1

York

$1.06'A

9-

1

Electrographic Corp. (quar.) ——__IIII_Z
Emsco
Manufacturing Co.—
payment

on

July

common

9-

1
1
1

9-

1

8-16

9-

1

8-16

25c

9-

1

Dock

8-23

Federal Compress &
Warehouse Co.

___

Mogul Corp," (quar)— II—
IZZZIZ—Z
Firestone Tire &
Rubber, 4'A% pfd. (quar.)

50c

(quar.)

(quar.)..,

-

(quar.)—

(quar.)

(quar.l

_IIZIIIIIZZZ




1

25c

8-25

6%

(quar.)
(quar.)
(quar.l—

preferred

(quar.)

9-15

Mfg.,

Glass

—

new

(initial)

com.

(quar.)

;

Pipe Line

8-11

37V2c

9-

1

9-

8-16

Peerless

1

2

8-11

Cement

Corp.

Co.

(quar.)

3

8-

3

8-31

4.05%

preferred

D

1

8-13

4.70%

preferred

E

(quar.)

30c

9-10

8-20

4.50%

preferred

F

(quar.)__

25c

9-

1

8-20

$1

8-15

7-30

8-15

7-30

Pittsburgh Brewing Co., $2.50 pfd.

8-15

7-30

Portland

Sz

Electric,

preferred

Bureau

Corp.,

Phila Insulated

Gas

&

C

4.40%-

pfd. B

(quar)

(quar.)—

Valley RR.

8-16

8-25

$12'Ac

8-16

8-

50c

9-28

9-16

9-

8-25

______

15c

8-16

(quar.)_

50c

9-15

8-31

$1

9-15

8-31

(quar.)
common

30c

pfd.

8-

8-31

15c

(s-ai__

9

9-

2

2

(quar.)

8-16

1

8-16

$1.25

9-15

8-31

75c

A

9-20

8-30

Inc.—

Co.

11c

8-17

7-30
9-

9-10

8-12

9-10

8-12

9-

8-

8-15

7-30

25c

8-16

8-

8-16

8-

2

$1

(quar.)
quar.)

9-15

37'Ac

13c

(increased

$12'Ac

20c

class A

8-25

8-

6

2%

_________________________

Steel

Fund;

1

1

9

Inc.—

income)

Corp.

-

(quar.)__

(year-end)

2

Pulp & Paper—
preferred (quar.l
Products, Ltd. (quar.)

(George)

Co.

July

7-30
8-23

8-

2

7-19

$5

8-

2

7-21

$$1.12'A

9-

•r..-

pfd.

(quar.)

•

1

8-13

__________

15c

8-15

7-30

!___

(quar.)

25c

8-15

7-30

(quar.)

Co.

common

8-15
9-15

20c

Ltd., 4V2%

B.)

Wilson-Jones

$30c

Alabama

of

(J.

$1.12'A

._.

Co

(directors

payment

at

took

action

no

meeting

held

on

21)
(Gar)

Industries

Gar

(see

Wood

Industries)

Wisconsin
Yosemite

Power

Park

&

&

Light Co.

(increased!

Yuba

Consol.

32c

Gold

Fields,

Inc

8-

9-17

8-13

10c

;_

7-31

8-12

75c

(quar.)_

8-14

30c

Curry

Youngstown Sheet & Tube Co.

8-16

7-21

2

8-16

9-30

9-

preceding table.

9-10

8-20

$1

9-

1

8-16

$1

9-

1

8-16

1

8-27

10-

1.

8-27

$2.50

9-

i

3

8-13

7-30

8-

2

7-20

$1

8-

2

7-21

22V2c

8-

2

9-

being given in the

1

8-13

7-31

7-20

Per

Name of Company
Abitibi

Power

PaDer

&

Co.,

$1.50 pfd._
Above issue called for redemption on July
30 at $25 per share plus dividend
Abstract & Title Insurance Corp.
(Buffalo
N.

A.

Y.)

C.

F.

(quar.)

Payable of Reo.

$12%c

50c

____

Industries

Special

Ltd.

When

Share

i

7-28

$1.14

Inc..

(From

com.

surplus

(quar.)

not

75c

Holderi

7-30

6-25

8-

2

7-15.

8-

2

7-15

$1

profits)

8-15

7-27

9-30

9-

9

Common

(quar.)

75c

$1.12V2

9-

9-15

1

8-11

9-

1

Common

(quar.)

75c

$1.12%

12-15

9-

1

12-

8-11

1

Common

(quar.)

75c

8-10

7-26

3-

1

30c

37V2c
25c

$1

9-

1

preferred (quar.)
preferred (quar.)_

7%

2

7%

preferred

8-18

7%

preferred

8-

9-

5

7%

8-13

8-25

9-15

$1.75

Refineries,

8-31

Common

1

9-15

$1.20

A

1

8-13

5%

preferred

(quar.)

Acme

Aluminum

9-27

9-17

9-15

9-

1

$1.10

(quar.)

conv.

9-15

8-10

Advisers

9-

8-10

Agnew-Surpass Shoe

9-

8-10

Aircraft

9-

8-10

Air-Way

9-

8-10

8-

7-30

Adams-Millis

Akron,

Corp.

Fund

Radio

1

1

10-

1

9-10

10-

1

9-10

9-15

8-20

27'Ac

8-

1

7-15

50c

Ltd.

(quar.)

7-16

8-

2

100%

div)
Stores

Corp.
&

(accum.)

8-

6

$10c

9-

1

7-30

8-13

7-23

(quar.)

Appliance

10c

Corp

7-20

40c

8-16

8-

Allied

62V2c

8-16

20c

8-

2

7-20

$2.50

10-

1

9-15

$3

1-3-55

12-20

14c

8-17

7-23

7-30

22V2c

8-14

8-

2

5

Control

6-29

Youngstown RR.—

5%

preferred
(s-a)
Allegheny & Western Ry.

8-

1

$30c

$$1.25

(quar.)

(stock

Electric

Canton

3-

$12'Ac

preferred

9-

8-20

1

3-15-55

Alloys. Inc.—

$1.10

1

7-15
9-

12-

Ltd.—

(quar.l

9-

12'Ac

2

12-15

$1.75

10-

class

8-

9-15

$1.75

(quar.)
Sugar

3-15-55

$1.75

(quar.)

25c

25c

(accum.),

(quar.)—

1

$5c

10-

$1.12%

Ltd

Co.

9-

9-10

Below we give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these

75c

$2.121/2

(s-a)

Wire Co

Coke

Co.

Fund,

-92V2c

(quar.)

9-

3.70%

65c

10c

Inc.,

Ltd.,

$1.17%

8-

1

7-30

20c

income)

Co.,

$1.01

1

8-16

Ltd.—

•.

preferred

12'Ac

9-

2

8-13

(increased)

Inc.

iquar.)

preferred

on

8-

1

30c

(quar.)

Income

7^26

8-12

9-

(quar.)_______

com.

preferred

Co.,

7-29

25c

$20c

7-14

7-14

14c

i

8-16

7-21
7-21

50c

(quar.l

9-

Pennsylvania

9-15

$50c

gains)

iquar.)

(Canada),

$1

9-10

.

9-24

9-

8-

2c

(quar. )_i_'i__

Acadia-Atlantic

Corp
:___
Transportation Co. (quar.)_.

Fruit

Petrolite

8-10

10-15

25c

62V2c

preferred (quar.)

Parmelee

Peoria

8-27

and

(quar.l—

Ry.

V

•8-16

income

Carson

R.)

4

Inc.—

Cement,

&

Western

8-16

Co.—

Sheraton

8-16

Ltd.

Condensing

8-11

25c

(quar.)—

Marine &

Oil,

8-

6

5c

Williams

9-15

:

Fund,

investment

investment

4%%

26(4c

15c

common

Corp.

dividend

Westeel

30c

preferred

25c

$1.15

8-16

1

2

Virginia

8-24

II

$1.50

...

Co., 4.56%

preferred

West

9-

7-21

7-29

Extra

9-10

1

2

8-

Wesson Oil & Snowdrift Co.

9-15

9-

8-

3

25c

(s-a)

„—

50c

$1.12'A

9-20

$1.50

(quar.)

(quar.)

$1.10

;

Federal

-$$1.19

$1.06'A
(s-a)

(quar.)

Penn

(quar.)

Inc.

8-27

1

(quar.)

pfd.

non-cum.

Inc.

Lumber

Eastern

4%

$1.12'A

2

7-15

(quar.)

Petroleum, Inc., 6%

Washington

,

75c

common

Brewing Co

Panhandle

Park

"I

(quar.)

$5

Plastics

Common

12'Ac

6

10c

(quar.)

Co.,

Redwood

Outboard

common

Fair)

Co..

Oil

Owens-Illinois

191

(quar.)

6

8-

7-21

2

9-

earned

(From

9-15

20c

4V2% preferred A (quar.)
Oswego Falls Corp., common (increased)
5% convertible 2nd preferred (quar.l_____

8-16

$1.10

8-

9-

2

8-

Co.—

Mfg. Corp. (quar.)
Washington Mutual Investors

Wood

preferred

4V2%

8-16

$1.41'A

10-

1

9-15
8-

8-27

Chemical

$1

—.

Mining Corp., Ltd.—

Edison

Omar,

8-16

9-

8-19

30c

(quar.)

4%

Ohio

8-16

$1.37'A

8-19

10-

3

8-31

$1.10

Vcgt

8-31

8-31

Fund—

Register

Central

Olympia

8-16

9-

Co.

9-12

40c

net

Mfg.

Stock

21)

(quar.)

Northwestern Utilities,

3

$1.02'A

9-16

9-16

$10c

Northwest

3

10-

$1.06'A

common

common

8-

25c

Gas

Line

(From

7-23

37V2c
$2.50

(quar.)_—:.XiLL

Noyes (Charles F.)

10-

$1.50

$1.34

(quar.)

Inc.,

on

July

on

4

Pipe & Foundry (quar.)

Value

9-15

6

t25c

Northeastern Wa$er Co., $4 prior pfd. (quar.)
$2 preferred (s-a)

8-10

$1.75

1

8-

50c

*

9-

(quar.)

Western

Y., Chicago & St. Louis RR. com.,
6% preferred A (quar.)

New

8-10

1

10-

5c
50c

(quar.)—

U. S.

9-16

$1.15

*31,/4C

preferred
(quar.)
Products of Western Canada, Ltd.

North

8-25

9-

Vick

1

8-13

Weston

payment

held

Investment

Normetal

5

9-

7-30

4>/4%

9-21

9-10

8-15

Extra

4

1

Viceroy

(quar.)

meeting

Cash

Neon

7-30

8-16

7-30

7-30

1

Corp.—

National Distillers Products,

7-30

10-

Inc.

National

4

87'Ac

8-16
8-15

security profits)
By-Products, Inc..

1

8-

10-

realized

9-10
10-

25c

6c
$1.37Vs

(quar.)

National

9-17

1

9-

(7V2c from ordinary income and 2V2c from

7-15

8-25

Lines,

& Co.

preferred

Murphy

7-26

2

75c
——•-

Ltd., class A

omitted

at

Munsingwear,

8-16

$1.25

(Directors
stock

7-20

1

Transtates

(quar.)—;

7-16

8-16

A.)

Trunkline

(quar.l

1

9-15

Corp.

7-22

8-24

37J/2C

Co.

Ltd.

Co.,

Tok'neim

2

2V2c

Cement

8-

$0.0455

____

(quar.)

Products,

8-

(quar.)

5

37'Ac

87'Ac

preferred

9-13

common

8-

8-16

(John

4%

20c

(quar.)—

5

8-31

8-16

Thompson

(quar.)—

pfd.

8-

8-

Thompson

25c

(Henry) & Co., Ltd.—
4%%
preferred
(initial)

New

7-20

2

9-

2

Pipe Line,

&

Motor Products

3

8-

8-

S.)

(J„ P.)

Morgan

7-20

i

8-

Containers,

Morgan

8-10

8-14

8-16

-

Moore-McCormack

75c

15c

50c

Modern

60c

2

4.60%

7-31

8-31

Co.—

Corp. (quar.)
(quar.)_

Fair

7-21

25'Ac

9-15

convertible

2

(quar.)_

7-21

2

8-20

50c

5%

8-

;

2

8-

8-16

Portland

7-30

—

8-

30c

9-15

Pearson

8-

(monthly i
$5.50 1st pfd.

,

$1.25

$1.50

5c

Taylor,

8-16

_

8-13

45c

preferred

Superior

8-15

(quar.l

(J.

5.20%

1

5

8-25

8-16

Extra

Mitchell

$37'Ac

98-

9-10

10c

(quar.)

7-15

(quar.)

Propane Gas,

12'Ac

Co.,

Portland

9-15

8-15

Suburban

——

Corp

Missouri-Kansas

10-

14c

Power

7-22

The

(quar.)

2

9-13

35c

long-term capital
Corp.' (quar.l

(D.

Tennessee

preferred

Dry

1

Stuart

7-30

(quar.)

Laboratories

$1.50

8-

Stouffer

8-20

—________

8-

65c

(quar.)__

Service

Investment

from

8-21

7-22

pfd. (quar.)_

(initial)

pref.

from

6

Co.

Minneapolis-Molihe,

3

1

Co.

(12c

8-

Co.

8-23

25c

(quar.)

Warner

Sterling

9-10

Co., Inc. (quar.)
Seamless Tube Co
Water

Stanley

30c
37'/2c

Frank

Middlesex

$1.60 conv.

$1.25

——

6

Forgings Corp. (quar.)
Packaging Corp.—

Standard

(quar.)—

Mickelberry's Food Products

7-21

1

$1.75

(quar.)

Standard

(quar.)—-

(quar.)„—

8-16

9-

Corp.

preferred

(s-a)————————

Co.

1

25c

Public

pfd.

Moore,

9-

40c

(quar.)

(|quar.)____—

preferred

Inc.

&

8-16

62'Ac

(quar.)

preferred

$3.50

9-20

1

15c

$5 non-cum.

Telephone

Michigan

8-31
9-30
8-

12'Ac

_____—

Meier &

8-10

5

Co.,

Mfg.

Extra

8-14

87'Ac

(quar.)—

Exploration Co.

Maxv/ell

Manning,

8-10

&

4_

Stores, Inc. (quar.)
Corp.
(quar.)

Menasco

1

$1

$1
75c
75c

(quar.)

————

Macmillian

5

—

Hotel

•

7-20

9-

$1,

~

Baltimore

8-31-

9-

(monthly)—————.——$1

Monthly—
Monthly ___
Lord

8-13

1

Engineering

7-21

8-

Co.

Southwestern

8-13

7-31

$1.50

pfd.

4.40%

4

25c

8-20

1

9-

20c

pfd.

6%

Service

8-27

7-30

17'Ac

j__

Common

Gas

Electric

9-10

7-30

Water—

ZIII

Southwestern

Spencer Shoe

1

50c

2nd

(quar.).I

7-21

1

35c
__

convertible

preferred

8-13

1

9-

25c

I

$4.40

preferred

4

8-

9-

62'Ac

'_.

preferred

9-

$2

87'Ac

25c

._

4.40%

7-31

2

Northern

4.60%

8-15

8-

8-19

7-30

9-

Company (quar.)

4

$1.75

2nd

Florida Power, 4%

3

Petroleum,

8-16

„

;

B

Calif.

Southern

8-11

16c

(quar.)_„

Corp.

Southern

8-16

8-

25%

convertible

Stock

9-10

9-

1

15c

Co.,
(quar.)

Fitzsimmons Stores, class

9-24

1

35c

-____.

Extra

40c

preferred

10c

8

8-13

$1

30'Ac

4.08%
(quar.)

Standard Brands, Inc.

9-15

7-30

25c

.__

Edison,

7-23

9-

1

Calif.

1

Q-20

8-13

S.),

9-

|

7-19

.___

3

9-

$$1.25

<T.

9-15

$50c

2

2

9-23

50c

25c

Pipe

1

8-

8-

(quar.)__

8-

+

9-

8-16

87'Ac

(quar.)

common

(quar.)

Southern Natural

—

9-15

10c

Southern

$1

1

Co.,

40c

-

20c

,

;

25c

(quar. i

9-23

10-10

10c

(quar.)

Co.

Bleachery & Dye Works
Lexington Trust Fund Shares—;

(quar.)

9-23

10-10

(initial quar.)__

com.

Inc.

Stamford Water Co.

Co.

10-10

50c

Co., new

7-31

B

45c
53c

$1.433A

i;

8-20

Class

(quar.)

11-12

60c

9-

com.

Co.

4.36%

3

8-12

12-1

;.

9-

8-12

_________

8-18

7-31

10-1

1

11-12

1

1

9-

11-12

9-

9-

$31'Ac

11-12

20c

10-10

1

Sinclair Oil

capital

7-26

10-16

9-

pfd. (quar.)

preferred

4.88%

8-20

2

8-

$25c

1

(quar.)——

$32'Ac

Co.,

$1.75

$1.10

$5

from

7-27

8-31

________

Southwestern

4c

8-18

37V2c

1

quar.)——

7-20

5%

25c

1

—

7-20

1

1

(quar.)______

common

8c

Loblaw, Inc.

(quar.)
(quar.)_

12-

(quar.)-.

7-21

1

8-

Insurance

44c

and

Glass

(quar. )_

(quar.)

Oil

Simmons

Fund—

income

pfd.

12-

(s-a)

2

8-

25c

12-

Lanett

(Bait.)—

_

-

1

Libbey-Owens-Ford

50c

$4.25

The

9-

7%

Signode Steel Strapping com.
5%
preferred (quar.l

7-23

Liggett & Myers Tobacco Co. (quar.)————
Loblaw Groceterias Ltd., class A (quar.j-—

$1.18%

(quar.)

Preferred

8-16

9-20

8-

15c

(quar.)

$1
$1.12'A
$1.05

gainst

Co.—

on

1

8-16

7-21

Extra

2

7-30

35c

preferred^fquar.)

Corp.,

9-

8-12

2

15c

(quar.)

Finance

Sherwin-Williams

7-15

7-30

17'Ac

omitted

9-

2

7-21

15c

Co.__

meeting held

Servomechanisms,

1

$1

(quar.)

Seaboard

8-31

1

$1.12'A

(quar.)_..

9-17

9-10

9-

50c

(accumulative).

preferred

from

(4c

29c

(quar.)—

preferred

9-29

9-

$1.25

_

preferred

(initial

common

Knickerbocker

75c

!

pfd.
(quar.)„

5'A%

pfd.

8-

1

8-

common....

$1 preferred (quar.)
Corp. (quar.)
Smith Agricultural Chemical Co., common—
6%
preferred (quar.)___
Smith-Douglass Co. (quar.)

income)

investment

New

1

16'Ac

(quar.)

(see

8

$1.25

(quar.)
(quar.)—.

B

8-

16'Ac

4%%>

414 %

*

7-10

12'Ac

7% preferred (quar.)__
Eastern States Corp. (Md.i—
$7 preferred A
(accumulative)

First Bank

7-22

1

50c

(quar.)
_______

Co

Natural ^as, 4.10%

conv.

$5.75

Simms

(quar.)_——_
Keystone Custodian Funds, series K-l (from

Lock Joint

_

(quar.)—
Louis & Interurban

$2.12

8-10

$1.05
__

(quar.)

Co.

7-31

45c

■

7-28

Y.)

8-16

preferred

Seaboard

7-28

8-12

9-

90c

(quar.)

Ltd.,

9-10

5%

7-30
8-10

9-10

(stock div.)__

common

preferred

Co.,

7-31

$1

common

prior

2

8-

1st

Mills,

Co.,

9-

15c

_____

Co.

(The)

8-

Paper

Scythes &

Corp.

Marine

&

9-24

35c

Kellogg Co.

7-23

30c

-

(quar.)

Chemical

preference

at

1

Flour

8-16

5c

.

7-26

common

Mills

8-

(quar.)—_

1

__

stock

Kawneer Co.

3

8-

Extra

(Directors

9-

Ltd.—

(N.

Aircraft

$5.65%

9-17

Insurance Co.

$1.50

Co., 5% pfd. (quar.)—_
Diocesan Investment Trust Shares—
Distillers Co., Ltd.—
Amer. dep. receipts for
ordinary (final)
Dixie Cup Co.
(quar.)_

5.36%

Kansas City Title

7-26

Diamond Ice & Coal

preferred

8-20

Petroleum

Fire

$4.40

7-15

8-15

60c

95c

1

(quar.)

Supply

2

Consol

4%

—

8-

(reduced)

preferred

St.

9-15

"

(quar.)

Seal

2

9-22

50c

Co.——

(quar.)

(quar.)

25c

Cork

Corp.,

preferred

preferred

8-16

Railway & Terminal

Co.,

8-

9

8-31

Crown

Regis

—

$3

Dallas

Drackett

3.80%

9-17

(quar.)

'50c

Stock dividend___
;
Counselor's Investment Fund, Inc

Douglas

9-30

Common

7

8-16

(quar.)_.

Press,

St.

(quar.)-;
——
Kansas City Power & Light Co.—

7-15

,

Co.,

8-13

(quar.)

9-

(quar.)—:

preferred

Dominion

10-

Co.

8-31

Inc.

Paul

Society—

7-30

Wire

St.

Gas

7-21

1

8-20

——

International Resistance

8-26

1

A

9-24

Ltd., 6'A%

preferred B

Common

9-27
11-

Accountants

10c
_

9-10

2

9-30

9-

1

9-

$1

Consolidated/ Copper
class

35c

Gas Electric Light & Power

*/2f'

Common

Inspiration

2

—

Continental American Life Insurance
(quar.)
Continental Can Co. (increased
quar.)
Continental Steel Corp. (quar.)_
Cosden Petroleum
Corp. (quar.)_

Fair

International

7-19

Kings County Trust Co. (quar.)
Kings County Lighting—

(Directors omitted payment, on the class A
stock at
meeting held on July 16)
Consumers Glass, Ltd. (quar.)_

«

8-2

8-

Keystone Steel & Wire Co.

(quar.)—

Finance

E'rlanger

9-

8-16

8-25

Inc.,

Lawrence

8'A%

8-11

com.

Columbian Carbon Co.

»

9-14

9-15

10 & 25c Stores,

St.

8-

9-10

50c

B

8-16

9-

7-19

1

$1.12 %

9-

9-24

2

50c

(quar.)

Safeway Steel Products, Inc.

8-26

8-20

8-

20c

(quar.)

common

Ryan

1

(quar.)

B

5,

Sherer-Gillett

(interim)

Ordinary

7-29

;

Insulated

Paso

7-30

7-10

(quar.)—,..
Bakeries, class A

Cochran Foil Co.

$6

8-14

12'Ac

(quar.)_

Class

Imperial Tobacco of G. Britain & Ireland, Ltd.

1

Corp. (quar.)
Estate Trust (Boston)—•

Commodore Hotel,

Ei

1

9-

Clearing Machine Corp. (increased)——
Cleve. & Pittsburgh RR. Co., 7% gtd.
(quar.)
4%
special gtd. (quar.).,
;

6%

9-

1

Co.,

6-21

—

8-11

preferred

Duriron

9-15

(quar.)

25c

West

Class B

East

Hubiager Co,

50c

Quarterly
•
Chicago Yellow Cab Co. (quar.)—
City Water Co. 'of Chattanooga—

4%

Houston

1

Insur.

quar.

Inc

preferred (quar.)

Class

9-14

10-

50c

Marine

Brass,

6-21

25c
50c
115c

3

1

&

&

Rogers Corp., $3.60 class A
Rose's

Washington
75c

8-

—

25c

&

Consolidated

Oil

(quar.)

common

(quar.)
(Texas) (quar.)

4%

(quar.)
(quar.)__

Common

Co.,

&

(quar.)——____

4'A % preferred (quar.) J
___——
4.20% preferred (quar.)—L_°.

Utilities, Ltd., 5% pfd.
Foundry, 5% preferred (quar.)

Colonial

(George A.)

9-

$50c

Central

4%

6% preferred A
Hotels Statler Co.

62 'Ac

Central

Dravo

8-16

9-10

_

4V2%

8-16

8-31

25c

Mfg.

9-10

7-23

$1.25

(increased

Copper

8-24

8-16

(quar.

8-

50c

(quar.).—-——

9-

;

Canadian

7%

9-

$$1.50

_

Dentists

9-15

25c

Canada Malting Co., Ltd. (quar.)
Canadian Fairbanks-Morse Co., Ltd.

Claussen

preferred

9-30

(quar.)

7

9-10

8-31

41c

(quar.)

(quar.)

Fire

Inc.

Revere

6-21

$1.06'A$1.05
62'Ac
$1.50

.

9-30

(quar.)—-

Canada Cement Co.,

4%

2nd

7

City

9-30

Commission.

preferred

Rayonier,

9-10

8-

(quar.)

20c

___

—

preferred

4'A%

$4.20

Co., common

(quar.)_

12'Ac

3,/2% preferred (quar.)__
Campbell, Wyant & Cannon Foundry Co.—Quarterly

Consul.

preferred

common

Inc
Burlington Mills Corp.,
4% preferred (quar.)

Collyer

$4.25

9-

,40c

Inc._

2

10-

——-——_

75c

'

Burdine's,

5%

Hooker Electrochemical

Jacksonville

Buckeye Steel Castings Co., common
6% preferred (quar.)——

Store

(quar.)

9-15

50c

____

4.20%

preferred B

6%

9-15

$1

Apartments,

2'

8-

9-30

(quar.)

$1.25

—

Black, Nivalis & Bryson, Inc.
Bowling Green Fund Inc.—
Brooklyn

Quaker

8-

75c
31c

9-

1

Inc.

Co., common

25c

;

Corp.,

___

8-24

6

25c

(quar. )___„__—

9-20

1

Service

Oil

6

9-

—

25c

(quar.)

——

Aircraft

Public

8-31

9-30

■

Puget Sound Power & Light Co.
Subject to approval of the

2

10-

B

preferred

Hormel

10-

56'Ac

___,

8-

$1.06'A

_

5c

—

(quar.)-—

8-16

10c

—_______

H.) Knitting, common

10c

Co., Ltd

Extra

Common

(quar.)
(quar.)—

(P.

7-23

7-30

$1.25

Y.)

7-30

25c
$1,12'A

——

(quar.)

common

_|_

(N.

Bay Petroleum Corp.

Paper Co.,

preferred

4'A %

5

(quar.)__

(quar.)

8-14

8-31

35c

$1.04'A

(quar.)

8-

(quar.)

5

RR._—_

Refining

preferred

8-

Heywood-Wakefield Co.K common

11-

25c

Point

4.18%

Rheem

—-

30c

11-

15c

(quar.)
(reduced)-

West

&

8-.13

9-24

15c
$1.50

________

—

(quar.)

1

(quar.)______,

Atlanta
Atlantic

9-10

Holderi

9-30

$1.02

_________

(quar.)

5%

pfd.

1

_

Gas

preferred

Payable of Reo.

40c

(quar.)

com.

(quar,)_

4.08%

55c

(initial)—

common

common—

preference

2

8-18

Hercules Steel Products,

12-

._

(quar.)_:

$1.40

Gas Co.,

When

Share

&

8-

9-10

7-31

•

12-

—

Oil

7-22

Elec.

8-16

Pullman,

7-13

8-13

75c

preferred

Louisiana

Chain

8-13

87'Ac

prior

Beech

1

Zinc, Lead & Smelting Co.—
(quar.)

new

Co.,

(quar.)——

25c

Co.

8-

25c

50c

(quar.)——

Arkansas

<

8-16

5%

12'Ac

(quar.)___

(initial!)———

Per

Public Service

pay¬

(quar.) —i

preferred

Class

(quar.)

Foundries

Steel

Arkansas

,

9-17

9-

i

Hanes

5%

preferred (quar.)
Anderson-Prichard Oil (quar.)_,

»

9-30

(qu.ar.)___

4'A%

Screw,

Common

$5

8-17
9-17

8-17

$25c

Steamship
Pipe & Construction

American

American

1

$$1.31

American-Hawaiian

American

1

9-30

$2

Cable

&

Electronics

American

4'A %

Canada, Ltd.—

Colortype Co.

American

Hammermill

7-23

9-

30c

Amalgamated Bank (N. Y.) (quar.)—^
Amalgamated Leather Cos., 6% pfd. (quar.)
American Airlines Inc., com. (quar.)
American Chain

56'Ac

——

common

Monday, July 26, 1954

.

Name of Company

7-22

Pure

Dredge & Dock

preferred

9-

50c

4%
preferred (quar.)
5'A% 2nd preferred (quar.)

American

omitted

—

8- 2
2

.

Holdert

time.

Northern Ry.,

6%

32c

—

$3.50 convertible preferred

this

Griscom-Russell

2

$1.05

_

(quar,)———-_-.r~r.-~-.—

of

Corp.

directors

at

Lakes

87'Ac

quar.)
(quar.)

—;—,—

_

8-13

$1.15

(quar.)

(quar.)

Cities Gas Corp.—
Class A (increased quar.)

(quar.)

Alloy Cast Steel Co.

C.)

$i
56'Ac
31c
60c

——

pfd. (quar.)

When

Payable of Reo.

Gulf

_

Alabama

4.60%

8-

8-13

from

10c

gains)

com.

8-10

9-11

undistributed

and

income

Great

10c

—

capital

Great

40c

Inc;.,

(quar.)__
Inc. (10c from

investment

realized

Holders

Payable of Rec.

Share

of Company

Industries,

Acme

Metals

Company

payment date.
When

——

(s-a)—
Grayson-Robinson Stores, Inc.—
$2.25
preferred (quar.)

ously announced, but which have not yet reached their
Per

(K.

Co.

25c

(quar.)

A

Industries, Inc., 4'A%

Gas Service

nounced
a

Share

.

guaranteed

Co., Inc., 7%

preferred

(Continued

(s-a)_

(s-a)_

on page

46)

Number 5345

Volume 180

.

The Commercial and Financial

.

.

(357)

Chronicle

Stock Record «» New York Stock Exchange
WEEKLY VOLUME OF TRADING

DAILY RANGE OF PRICES

FOR EVERY LISTED ISSUE

YEARLY RANGE OF SALE PRICES

47% Jan

22

99

25

Jun

8% Sep

|

Jan

29

10% July

14

6% Jan

3% Sep 15

41% Jun

5

112

Highest

Lowest

Highest

Invest

29

49% Apr

Jan

7

115 % Apr

106

9% Jan

3

8% July

5% Jan

23

4%
ABC

12% July 23

14

49% May 25

32

72

29

85% Mar 18

73% Jan
20% Jan

22% Apr

Dec

31

26% Jan

25% Sep

14

35% Jan

2

23% Dec

29

36% Feb

25

20

6

16

59% Jan

27

32% Jan

6

Jun

7% Sep

10% Mar

14

49% Sep

3
8

22% Oct

114% Jan

101

Oct

15

150

Jun

3

8

70

3% Apr

Sep

14

130

Sep

15

78

Oct

9

81

25% Sep

15

39

1

104

91

Sep

87% Sep
8% Oct

4

14

152

Jan

Feb

Jan

12

4

15
Feb 15

157

Jan

6

89% Feb

35% Apr

8

4

97

May

97

1

Mar

104

92% Mar 11

/

May

8

10% Mar

3

8% Jan

6

11% July 22

Allen

2

72% Jan

98

18
6

Allied

20

Jan

4

35

24% Oct 28

33

Jan

8

35% Sep 21

40% Jan

3

47

Jun

87

94

Nov

4

Jan

5

97

July 14

59% Jan

2

45% Jan

4

61% July 22

2

93% Jan

8

Sep

22

41% Oct 14
Oct

86

118% Jan

8

16
26

90

4

90% Jun

May~25
Dec

10

58% Jan

4

54% Jan

20

47

Jan

11

29

1% Jan

3% Mar 24

24

36% Mar 24
189% Jan

148% Oct 14

11

166

5

Jan
Jan

4

197

84% July 23

26% Sep

29% July

Jun

12

Nov

56

Jan

4

62% Jun

9

26

Jan

4

12% July 19

4

27

31

Jun

20

96

30

Jun

15

Mar 15

5

July 23

12% Sep

15

15% Mar 19

14% Jan

4

13% Sep

11

15% Mar 20

15

Jan

12

Feb

11

16% Jun

12

16% Jan

4

18% July 19

1

4% Jan

11

6% July 21
49% Jun 29

6% May

3% Sep 15
31% Feb

40

9

Nov

45% Nov
34% Jan

26

44% Apr 24
16% Jan
2

51

Dec

18

23% Dec

17

21

25 % May 27

17% July 16

Sep

90

May
41% Jun

3

6

96% Mar

4

9

55% Jan

6

6

39% Jan

5

6% Jun 30

8% Jan

26

Oct

10

14

151

31% Jan

7
20

17% Feb

4

12% Nov

2

Feb

19

11

May 25

27% Jan

18

35

Dec

9

67

Aug

8

31

21% Sep
99
Jun

July 13

3% Feb

16

2% Jun

28

Jan

28

31

44% Jan

20

59% July 23

Mar 18

7% May 17

13

Jun

28

Jan

14

100

Jun

25

17% Jan

4

22% July

7

27

July 16

19

107 ■'

Apr 21

4

17% July 21

85 % Jan

6

98% July 23

24% Mar 16

21% Feb

24

28% July 22

86% Dec

31

84% Jan

15% Sep

16

19% Feb

2

J7% Jan

18% Jun

8

26% Feb

27

19% Jan

11

94% Jun 23

105% Feb

9

100% Jan

20

Jan

4

Mar

1

27% July 23
July 16
Feb

24

19% Apr
7% Jun

22

7

18% July 21
Feb 23
22

7% Jan

5
4

14% May 12

11

31%

42

31

29% Jan

5

Jen

6

Jan

16 % -July

11

39% Jan

Mar 27

15% May

58

4
0

25

25% Sep
Feb

120% Sep
12

44% Jan

58

50

Jan

36

2

14

Mar 20

26% Jan

134

May 12
Feb

19

16% July 30
5

Apr 14

152% Jun

10

161% Jan

59% Dec

23

77% Aug

123% Dec

24

3^VB Of1,

4

9

7

16% Jun

7

8

10% Feb

25

Jan

4

July

1

65% Jan

138% Feb

156
55

■
121

175

July 23
28

10

Jun

22

5

30% Apr

19

Jan

7

113% Jan

4

120% Mar

5

10% Feb

22

111% Dec

3

Jun

134

121% Jan

2

9

10% Mar

5

143% Oct 27
60% Jan
119

Jan

9

13% Sep

l0

27% Jan

5

11

94% Dec

17

9 %

July

37% July 23

27

25% Feb
57
59

Sep
S-e

17

15% Jan

4

May 5
23% July 14

71% May

4

93

95% Feb

4

19% Jun

1

Jan

4
28

Jun

1

29% Jan

4

40% July 12

45% Jan

4

55% Jun

30

Jan

5

37% May 17

100

Jan

6

89% Dec

17

21% Jan

5

12% Jan

68

Sep 21

97

Jan

6

73

29

Dec

29

45% Feb

26

43% Sep

15

57

Jan

30

31% Dec

9

66

May

89

3

25

106 % Mar




106

Feb

8

<
.

46%

1,600

7,900

:w.

99

*96

—-

19,700

61%

603A

61%

593A

600

'

47

121

♦121%

107 %

108

108

1083/a

109

1083A

59%

60

60%

61%

82%

83%

82%

83%

83%

84

823/4

83%

66%

67 %

66

667/8

66%

66%

66

66'/2

16,000

2 5/8

*2%

2%

2%

600

85

67%

68%

♦118

107%

*2%

22

169%

174

71%

70 7%

71%

347/s

23%

71%

72

71%

'

8,500

100

32

32

♦23

233A

900

1767/3

174%;

173

174

171

1703A

70%

2%

23%

*31

23

4,500

623/g

1

34V8

1,600

1097/2

62

61'A

600

124

177%

4,200

71%

715/a

1,000

,

1

133/4

14

137/8

14%

14%

143/4

14%

145/a

143/a

143/a

80,700

81 Va

81 %

81'A

81 3/4

82

83

83

84

8 4 7/4

843A

5,800

29%

29'A

29%

29%

295/8

1,400

♦101%

103 Va

*101'A

1037/2

10

*24 Va

61%

10

2,100

24

24

24

24

640

62 3/a

*67*/2

113A

12 Va

117/8

12

49

49

497/2

49%

33 Va

325/8

327/8

323/8

32%

325/8

33

5,600

98

99

99

973/4

98

1,200

173/4

18

52,300

/

4%

convertible

Theatres

Inc

1

973/4

17%

Can

Radio

&

Corp

167/s

17%

167/a

*16%

17%

*17%

3%%

conv

American

Co

223/a

22%

22%

22%

600

26%

26%

*26%

26%

26%

26%

26 %

26 %

1,200

923/4

*91%

92%

♦91%

923A

923A

923A

49%
*136

109%

48%

110

108 3/4

93/a

93/a

14%

14%

10%
37

*303/4

110%

■110

110%

41

41

41%

41%

41 Va

'

93/4

93/4

'103/4

;

9%

93/4

137/8

14

137/a

14

137/e

14%

7,700

103/4

10 7/g

28,500

37%

373/4
67%

9,500

3%

2,400

10%

11

lO'/e

373/4

373/a

373/4

67%

67

67

67

67%

2%

2%

30%

30%

30%

58%

58%

59 Va

58%

59

583/4

59%

3,200

10%

11%

11%

11%

11%

113A

11%

11%

11%

2,200

97

97

•97

213/4

21%

♦22

♦98

213/4

100

213/4

22%

800

26%

1,900

26%

26%

263/8

26%

26%

26%

•106%

107%

10634

106 3%

•106%

107%

•106%

107%

106%

15%

16%

16%

167/8

17%

163A

17%

16%

♦97

977/a

97

97

26%

26%

26%

27

•88

89

89

89

26%

27

26%

26%

30%

30%

29%

105%

*105'/a

17%

17%

17%

20
1

5
Co—No par
No par

•20

8%
11

21%
83/4
11%

♦20

83/4
11

30%
106

98

98%

98%

983A

983A

27%

27

28%

27%

277/a

21,900

89%

89%

89%

♦88%

267/a

267/a

27

267/a

27%

5,400

30%

30%

303/4

9,300

26%
30

♦105%

30

303/4

•105 Va

106

106

18

18%

18

18%

203/4

20%

20%

203A

203A

21

21

83/4

8%
11

83A

83/4

11

11%

46%

46%

4,200

45%

46%

45%

46'/a

45%

46%

46

19%

193/a

19%

19%

19 %

193/4

193/4

197/8

19%

193/4

3,700

36

35%

353/4

4,200

573/4

11,800
51,700

35%

35%

35%

55%

57

57

18%

18%

18%

18%

178%

*175%

178%

•175 Va

178%

35%

•175%

36%

178%

*175%

7%

7%

7%

293/4

29%

*51

36%
160

383/4

•120%
30

55%
59

130

14%
171

513/4

373/a

161% \

383/4
122

30%

-.♦51%

30%

303A

30%

303A

50'A

50 %r

51

51

387/a

19,900

162%

430

37

367/s

373/a

37%

38%

162%

162%

161%

161%

161%

38%

27%
56

38%
122

30%
56

38%
♦120%

27%
55%

♦38%

38%
122

122

273A

27%

56

55%

387/a
122

28%
56
59

59%

*59

59%

131%

131

132%

131%

1323/4

14%

14%

14%

143/a

14 Va

14%

1737/B

1733/4

57%

57%

1233/4

124%

American Viscose Corp com

35%

353/4

172%
56

1233/4
35

173

56%

1243/4

14%
173

56%
124%

35%

35
♦117

59

125%

1253/4

353A

36%

117

117%

1743/4

583A
126

38%
♦122

27%
55%
59

132%
*14

1743/4
58'A
124

38%,»,
124

59

175

58%

2,990

34,500

36%

36%

117%

1163A

117%

360

117 %

9%

9%

9%

9%

93A

10%

10

26%

26%

•26%

26%

26%

26 %

26%

25

26%

22%

22%

21%

21%

21%

21%

21%

21%

American Woolen common—No par

8234

823/4

83

83

83

823/4

83

83

82

72

72%

70

71

series

100

preference—No par
& Smelt com
1
$5 prior conv preferred
25
Anaconda Copper Mining
50
$4 conv prior

Amer

Zinc

Anaconda

Lead

Wire

$4

& Cable.

No par

preferred

6.25

No par

213/4

10%

12,900

20 %

900

21%

4,300
350
870

71%

72

71

72%

70%

71

17%

17%

17%

17%

17 %

17%

173/a

17%

17%

17%

87 %

87%

873A

260

87%

87

387%

397/8

39%

40 %

34,200

52

52

52'

52

1,100

36%

1,700

♦86%

87%

*86%

87%

87%

38%

39%

38%

387/a

38%

78%
52 Va

35

34%

103

102%

52

527%

513/4

52%

52

343/4

35%

343/4

343A

35

Hocking Glass Corp—

Common

♦263/8
♦82

44.800

377/a

•11634

6%

700

780

1,000
64,200

126%

93/4

preferred

20

55%

1323/4
14%

116%

7%

1,100

1,000

9%

Preferred

550

23,400

116%

preferred

4,100

28 Va

com—5

5%

American Water Works Co

15,800

7%

30%
51

7%

162

♦120%

7%:

7%

30%
51

7 Va

131%

100
25
100

73/8

7%

30

513/4

363/4

*59

57

18%
178%

.

160%

59

172

18%

•175%

38%

56

56%

55%

58

131 %

25

preferred

35%

29%

common

6%

1,800
29,300

11 Va

357%

5
100

500

46%

55%

Co

9

20

12,400

11

18%

American Sumatra Tobacco

8%

8'/a

350

11 %

54

100

106

18 %

18

preferred

105 Va

177/a

54%

1

•

90

173/4

11%

30

55,400

97%
*88

18%

Co

17

263/4

.,

523/4

Refining com—100 i

106%

600

-

'

10

22%

26%'

1

17

99

22 Va

26%

1

105%

preferred

Tel

♦97

99
"

18

8c

1

26'A

8c Std Sany

Tobacco

100

58

11

Optical Co
No par
Chem cl B___No par

Tel

500

58%

2

com

Corp

American

31%

30%

100

American

•29%

58%

Amer Potash 8c

7%

3

32

•29%

No par

com

American Molasses Co

Amer Rad

*66%

3%

3

3

11

*29%

30

7
100

preferred

American

6,600

•303/4

37 Va

*20%

2,200

32

37%

2'/a

4,600

•30%

11

67

100

32

103/4

2'/a

No par

8c Metals

Co

110

110%

37%

67%

33,700

*30 3/4

32

100

Motors

9%

100

Fdry common
preferred

American

41

37%

2%

50
140

11%

67%

No par

preferred

convertible

,49%
*136,-

1

common

Products

50%
140

'

50

Amer Mach &

Ltd

49 %

•136

14%

1

10
'•

'

497/8
140

14

10

preferred

Co

1093/4

413/a

93/a

*136

1093/4

40%

32

22%

<

41%

40c

93/a

49%

50 Va

138%

*303/4

Investment Co of 111

Metal

22

22%

138%

50%

22

Locomotive

22%

141

No par

com

3,700

623/4

*91%

x40%

5

613/4

61

26%

100

5%%

4,200

60 %

61%

923/4

22%

22

Metal

1,400

347/s

"

*98

4%%

44%

34%

6%^

26%

*22%

20
1

preferred

noncumulative

American

44%

34%

61

13%

18

•91%

preferred—100

Amer

45

34 %

*34%

61 %

"

American Ice Co common

Amer Machine

44%

347/8

*44%

343/4

Products

Home

3.90%

45%

443/4

Electric Co

&

prior

15,000

61

Foreign Power—No par

convertible

5%%

66,200

62%

Hawaiian SS Co

American

6%

463/a

61%

Inc.

900

6%

46%'

10

Secur

18%

457/8

34%

10

18%

457/a

44%

com

*17%

18%
6%

453/4

preferred series B_100
preferred series C_100

177/8

18'A

6'A

343/4

10
100

177/8

45%

47

com

17%

*17%

18

453/4

6%

6%

443/4

American International Corp.No par

7%

800

45 %

18

18%

34%

No par

American Hide & Leather

American

6%

44%

Distilling Co

American

18

x457/a

American Encaustic Tiling

American

6%

6

12.50

Cable

Cyanamld

conv

18%

18%

1

No par

common

prior

3%%

6%

♦98

33,400

183/8

25

Co

preferred

4%%

*17

20

Cable

6%

*61%

61%

177/a

17%

1

common

preferred

American
American
7%

61%

97%

973A

973/4

100

common

interest in

Ctfs of

5%

preferred

61%

Broadcasting-Paramount

Anchor

25% Aug 27
Jun

4

3

11

ll%S^p 14

94

Feb

463/a
99

*97%

18

34%'v;

*34
•

120

843/4

Stores

May 28

38% July 14
124% Mar 18

18

35

118%

593A

59

par

9,200

1185/s

597/8

170%

91%

18

34%
46%

f

99

1*97%

90%

120

108'A

2%

>

6,700

597/a

593A

1

•

10

11%

59%

108%

50

*177/8

'

463A

46 Va

463/a1
100

59'/a

119%

Sugar

164

22
4

118% Jun

•97 Va

60

119%

American

May 24
38% July 23

57

47% Nov 24

15

49

7

30% July 22

Mar 31

36

2

46 Va

100

593/8

American

144% Jan

-

46'A

46%
•97 Va

20
100
100

July 19

5

21

Be\>

38

34%

July 15

159% Jan

,4
4

Feb

34%

59

27% Jan

40% Aug 10

34%

56

6

127

34%

4

Jan

18

177/a

34%

5

13

44

90

175/a

May 18

42% Jan

15

89

i,

100

11

11 Va
90%

89%

173/a
34%

32

30

14

19
May 10

7% Jun

24

25% Sep
Jun

177

Jan

6% Jan
22% Feb

65% Jap

35% Dec

169

July 22

111

89%

common—_5
7% preferred
100
American Safety Razor
5
American Seating Co
10
American Ship Building Co„No par
Amer Smelt & Refg com
No par
7% preferred
100
American Snuff Co common
25
6% noncumulative preferred—100
American Steel Foundries
No par

23

10%

10%

>

25,400

95

*93

95

-

33

Natural Gas

18% Apr

8% Jun

103/4

*93

33'A

News

13% Jan

24% Nov 30

10%

95

337/a
103

33

American

32% Jan

171% Feb

2

10%

10 3/4

*92

85%

323/4

*99%

;

No par

American

34% Jan

15% Feb

93

*84

333/4
103

Amer Brake Shoe Co com

5

24

6

93

85%

f

32 %

♦99%

102

*61%

Feb 23
37% July 2

47% May

12

30

41% Dec
136

July 23

39% Mar 24

6

117% Dec 30

9

36% Jan

28% Sep 16
12% Sen 21
148

Dec"l5

37

Jun~18

20% Dec

May

95

400

♦142

12'/a

Gas

12

Sep 14

*92

20,500

*84

32%

*99

•

90

4

146

37/a

4
144 Va

4,100

49%

&

100% Mar 17

7

•99

99

79

37/a

85%

*84

32

99

32%

78

!'/ 144 Va

145

31%

31%

101

313A

77

37/a

33/4

85'%

*84

85%

♦84

77

,

623/8

American

12% Jan

2

*143

144 Va

146

~

*

ll'/s

American

23% Jan

18% Feb

144»/8

3%'

3%

3%

•144%

78%

6,600

17%

*48%

6

100% Jan

15

*77

17%

common

37% July 15

31

13% Sep

77%
37/a

167/s

12 %

Corp

1952

11% July

31-

77%

24%

Export Lines

107

78%

3%

16%

16%

88%

common

American

>

•77%

3 Va

16 %

24%

European

15

16%

24 Va

American

11

16%

24%

10% July 23

4

16%

24%

32% May 28
Feb 11
15

92

16%

16%

\ 168

3 Va

48%

American

19% Sep 18
79% Jan 12

93% Dec

168

3

11 7/«

4

4

104% Dec

12% Dec 23

*165

;

3%

2'/a

2%

*165

168

♦165

168

2 7/8

103%

Jan

92

nes

3

300

111

48%

American

18% Mar 26

25% Mar 18

16
25

6

15

168

f

2%

111

1113/4

♦101%

26% Jan

31

Nov

111%

•165

♦111

12%

American

110% July 15
46% Mar 16

8% Dec
22% Jan

94

♦110%

1113/4

48%

10

7

9

16,100

1113/4

ni¬

111

11%

26
7

21

23

60

267/a

48%

July

30

Jan

16% Sep 15

533/4

263/a

2

Bosch

Apr

31% Jan

6% Jan
36

533/4

263/4

50

Note

preferred

93

50% July 15

26

533/4

25'/8

17%

preferred

23% Feb

138% July 20

29

53 3/4

26

9

5 % % —50

2nd

28

43% Mar 25

48% Dec

9%

54

253/4

ser

6%

5

125% Apr

39% May 27

9Va

*533/4

26%

29%

Colortype Co
Crystal Sugar
preferred

15

93/a
54 %

25%

103 Va

11

36% Jun

9%
•53%

29%

20% Jun

26% Dec 24

9%
26%

893A

Co

2% Dec 29

17,300

2,400

53%

*101%

Chicle

70

9%

9

300

t

9%

29'A

American

Mar

52,400

IO2V2

64% July 13

57

Jan

243/4

29%

4

8% Jan

24 Va

102%

48% Jan

33% Jan

25 Va

100

&

13% Jan

243/4

17%

pfd

Chain

8

25%
9%

com—No par

Co

conv

American

3
5% Mar 25

48

Bakeries

46% Mar 10

105% Jun

Jan

28% Sep 15

117% Jun

24%

293/a

35% July 15

Jan

247/8

,

100

4

91

24'/a

89

Chemical_No

4

Jan

24%

1

23

22

81

No par

27% Jan

-

Sep 14

80%

No par

Cement

44% Jan

9

26

80%

25%

No par

35% Feb

27

40% Apr 23

29

80

53%

1

preferred

cum

American

Amer

15

*273/4

80

62%

18

104% Mar

18

28%

80

23%

gtd—100

Limited

conv

4%%

49% July 23
41

28

793/4

100
1
100

preferred

American Bank

37% Jan

6

29

Feb

28%

79%'

*28

5

of America

Co

American

24

24% July 14

103 % Feb

Sep 17

102% Jun

18

4

40% Jan

34% Sep 21
91

Feb

28%

80

100
10

preferred

4,400

28%

80

100

Mining
new

Agricultural

3%%

16% Jan

Jan

47

2

29%

American Airlines common

29% May 19

26% Mar 16

12% Jan

59

6% Aug 31
35

*28 %

May 26

14% July 21

50

35 %

•70%

73

2

35%

Amer

4

20% Feb

35%

May 24

4

5

35 Va

Amalgamated Sugar Co (The)
1
Amerada Petroleum Corp
No par

7

14% Nov

35%

23

Jan

93% Aug 20

35

*31

11% Jan

98

35

2'/a

70% Jan

8

1

34%

22 Va

8

17

10,200

34%

347/8

4

Dec

22 %

2%

84% Feb
99

2,700

213/4

*32%

15% Jan

15

11,000

93%

22

23/8

75% Jan

57

42 Va

93 Va

217/a

22

2

6

41%

93 %

21%

347/b

31

11% Dec

X41 %

93

21%

.

*213A

70% Dec 29

55% Nov

437/8

92 %

21%

Amalgamated Leather Co com
6% convertible preferred

16

247/a Mar 29

19

19% Mar 18

29

: 43 %

21%

Corp common—No par
100

conv

Aluminium

16

Feb

35

3,800

•30

3 % Feb

5

8%

8

Portland

Aluminum

25

69% July 16

Apr 23

28

Gold

convertible

4.08%

Alpha

8%

21%

preferred

3%%

62% July 23

62

1% Dec

4%

8%

21%
34%

Allls-Chalmers Mfg common

July 22
109% July 23

43% Jan

30% Dec

Allied Stores

18

121

52%

Sepl4

42% Apr 23
41% Apr 21

16% Jun

-

May 28

103
40

4

37% Jan
'

83/8

91%

Allied Mills

July 22

8%

8%

43%

Allied Kid Co

Mar 25

18,500

No par

29

18% Jan

22

12%

91%

Chemical & Dye

96% Jun

9

76% Jan

Dec 29

113/4

43 y8

Industries Inc

8

Sep 15

17

H'/e

8%

common—No par

common

Mar

62

11%

No par

Allegheny & West Ry 6%

Mar 31

11%

,44%
91'A

5%% preferred A
$4 prior preferred conv—No par
Alleghany Ludlum Steel Corp
1
$4,375 cum preferred
No par

9

4

11%

8%

4%% preferred
Alleghany Corp common

4% Feb

11%

91%

pfd 1951 series
& Vicksburg Ry

Juneau

Aldens Inc

28% Jan

80
.

4

4.50%
Alaska

110%

11 '/a

43%

,

Corp

Reduction Inc

Alabama

5

May

17% July 23
81
Mar 16

144% July 20

5

Aug 24
6

Jan

Air

3% Mar 25

,

3% Jan

72

5% Mar 25

3

167

3

2% Jan

14

Feb~27

74

Aug 10

155% Feb

Mar 11

160

Sep 11

7

111% July 21

Feb 24

104

5

16% Jun

2

25

27% Jun

200

•109%

11%

25

Admiral Corp

54% Jun

Mar

49

22% Mar

5,900

112

100
10

2.50
com

Co

Express

Shares

44%

112

112

110%

10%

Addressograph-Multigraph Corp__10
1
Affiliated Gas Equipment com
1
$3 preferred w w
50

July 14

9% July 19

7% Jan

6

Adams

Adams-Millis

29

25% July 21

18% May

10

29% Jan

81

Jan

58

,

•'

Nov

52

29% Jun

*110%

8%
42%
93%

Co

Steel

43%

43%

43%

43%
111

111

July 23

July 22

8%

preferred

non-cum

Acme

35% July 21

24% Jan

18% Dec 31

48

7%

13

27% Jan
1

Industries Inc

ACF

44% July 15
93% July 23

Jan

43%

43%

43 Va

43%

.

the Week

Friday

Thursday

July 21

♦109

100
1

:

Corp

AFC-Brill Motors Co

7

30% Sep
Dec

preferred
Vending

Wednesday

July 20

43%

5

Laboratories

Abbott

8
20

Tuesday

July 19

Par

EXCHANGE

Sales for

SALE PRICES

HIGH

AND

Monday

STOCK

YORK

NEW

Range Since Jan. 1

Tear 1953

39% Sep

LOW

STOCKS

Raage for Previous

•102

103

103

103

♦102%

}.

t

353A
103

35%
♦103

101

6,000

80

13

14

The Commercial and Financial C'ronizle.

(358)

NEW YORK STOCK RECORD
STOCKS

Range for Previous
Range Since Jan. 1

Year 1053

Lowest

Highest

Lowest

Anderson-Prlchard

8% Feb

23

12 % May 27

Andes

7

2% Feb

11

9

32% Jan

4

42

4

25% Jun

41

45

57% May

Dec

2.9

15 % Feb

26

2% Nov

24

5

Jan

14

52

Jan

30

Sep

16

Sep

3% Jun
■

A

29

Copper

W

P

Oil

Argo

25

14

23% Mar 27

17% Jan

30% Sep

14

43% Jan

5

33% Jan

4

8% Sep

15

12% Mar 26

8% Apr

30

85% Apr

26

57

Jan

11

93% Jan

6

100

Mar

3

$3.75

14

149

July

9

$4

77

-

Sep

-59% Dec

9

89% Sep

Mar 25

93

15

48% Feb

24

7

117% Dec

102 '/a Sep

21
16% May 28

,

29

Jan

23

97

19% Jan

114

Jan

30

10% Mar 26

5

14

32% Jan

6

21

May 13

11% Sep

15

18% Mar 25

5% Dec

22

Dec

29

14

18% Sep

22%
100
' 99%
32

15 ;

89% Sep
92% July

3

25'/a Sep

Mar 27

-

2

25

Mar
Jan
Apr
Mar

11
22
22
25

i

4
6

104

:

Jail

13

103

■>:

July 20

4

47

96

31 % Jan

v

,

85

21% Jun
27% Jan'

4

95% Jan1

4

16% Dec

15

4% Dec

28

7% Mar

24

15

Dec

preferred—.;.No par

18

36 % Dec

29

4% Dec
35% Jan
6

Sep

6

17% Mar

9

4% Dec

8% Feb

.

4

17

10% May 28

;

12

;15

Jan; 20

16

May 26

4% Jan

(16-

..Conv

Automatic
Avco

7

distribution

Co

(T)
&

7

;65% July 12

8% Jan

11

10% July 22

Balciwin-Lima-Hamilton

11

26'A July 22

Baltimore

29

30% Mar 19

29

48% Mar 25

39% Jan

4

29

22% Mar 17

16% Jan

4

Jun

Sep

53% July 21

■27

Jun

Feb

10

59% Apr

14

68

43% Jan

4

11% July

1

'13% Jan

34% May

5

■39

11 % Dec

29

7
17% Mar 12

37% Sep

15

39% Feb

18% Sep

18

25% Mar 19

9% Sep

14

11% Feb

27

34% May 20

42% Dec

4

5

112% Dec

7

107

Dec

9

j

1

18

4'/o

1

57

Ohio

&

Oil

BiirHer

18

Mar 31

20

93

Jun

90% July 28

100

%)

*/4

21

86% May

8

81

6

88

9

Sep

16% Mar 20

14

5

33% Jan

Feb

5

30% May 26

29% Jan

4

10% Dec

29

Mar 16

10% Apr
23% Jan

14

22% Mar 13

17% Jan

4

12

90% Jan

27

17% Sep

26% Feb

15

Oct

14

1

16
90
50

Sep

17

2

68% Mar 20

14

33% Jun

Jan

93

May 21

32

60

3d

17

Jun

*

39% Dec

7

Dec

30

1% Jan

7

112

Jun

17

% Dec

30

22% Nov

25

27% Jan

5

Oct

5

37% Jan

20

93

30

44% Sep

6

15

57% Jan

135% Jun

19

146% Dec

16

9% Dec

31

Jan

15

82% Jan

16

!

112

4

Jan

% May 18

7 74%

5

13

65 % Apr

6
30

38% Aug 26

36% Feb

9

14

22% Mar 17

15*

21% Jan

17% Jan
14% Jan

11

conv

prior

Mills

Shoe

S)

(A

Co

Aviation

Beneficial

Best

&

Best

preferred

12% Sep

14% Aug 13

11

|Jan 13
52%"jan
64% Sep

Mar

3

16

Mar 25

86

86% Jun

48% Nov

12

61% Dec
94% Jan

18

12

Dec

11

50

4

26

13 % Jan

4

8% July

74% Jan

Bethlehem

12

31

13% Mar 19

31

46% Mar

25

Sep

21

33

Mar

5% Dec

31

11% Jan

19% Sep
28

9
2

5% May

3

20% May 11

Steel

25% Jan

11

7

6 % Jan

15

25"% Mar 10

23% Jan

Sep

22

42% Feb

36 % Jan

33% Sep
17% Sep

21

39% Aug 17

38

Jan

26% Jan

20

19% Jan

May 28

99% Feb

9

27% Jan

29

91

22% Jun

15

45% Jun

9

11% Sep

25

26

Jan

6

54% Dec 21

52

Jan

5

13%

12% Jan

11

59% July 14
13% Nov
4

66% Jan

Jan

13

22% Mar 17

13% Jan

14

28% May 20

22

15

16% Mar 25

72% Dec

3

17% Jan

2

83'A Feb

6

60

Jan

11% Jan,
74

'

4

31% Nov

16

Jan

24

25% Jan

11

B

43% Mar

2

17

Jan

2

10% Jan

11

74

10

91% Jan

7

80% Feb

3

67

Jun
Jun

13% Sep
11

35

Oct

10

14
6

Jan

9

11% Se.p

30

79

Aug 28

5% Sep

15

78

30

73 % Jun

17% Feb

3

15

9

40
July 15
15% Feb 16

36 % Feb

5

46% May

11% Jan

4

20% Jun

25

86

Mar

Mar 16

12% Feb

15% Jan

4

21

11% Feb

8

15% May 20

9

May 19

79% Jan

14

92 % Jun

29

7% Jan

4

10% Apr

12

15% Jun

29

21

2

105

29

27% Mar 20

30

109% Mar 10

16% Sep

15

24% Mar 12
v.

27% Jan

3

26

16% Dec

7

75% July

2

98

July

16% Jan

22

Jan

5

24 y„

July 13
Jan

8

July 22

iy8 Dec

28

3% Mar

2

1% Jan

29% July 16
2% Jun 14

6'A Sep
20 y4 Sep

15

93A Mar

2

7% Jan

10

29

20 % Jan

10

Sep

24

15

86% Oct

7

46% Jan

22

17 3/b Apr
21

Dec

43% Dec

27% Jan

13% Mar
102

Jan

Jun

25

3

12% Jan

24% July 14
14% May 12

5%

26%

253/4

26

52%

53

52%

53%

8,000

25

25%

24%

24%

1,700

*76

77

76

76

*75

76%
48%

77

77

48

47%

*75
48

49

12%

12%

12%

12%

49

49%

*35%

49%

493A

*49

12%

12%

127/a

v8;

78,800

10

49%

1,900

133/s

12%

3,000

49%

49

49%

*35

100

36

130

*130

133 "

49%. 49%
130% 131

130%

131

107

107

107

*1061/4

1071/4

106%

106%

106%

106%

17%

17%

173/4

18

84

84

84

5.100

4,700

;

50

130

49%

131

84

17%

17%
84

*84

,

.

17%

i

19

*32%

33%

34%

34 %

.11%

11%

37%
95

47

49%

*92%
79%

48%

135%

142

1%

1

>

1%

30

30%

36

36

35%

463%

19%

18%

33%

333/8

33%

33

11%

11%

11%

36 5%

36

36 v2

22%

80 3

12%

'

12

12%

12%
70%

*70

71

23 %

94%

*92%

793A

80>A

79%

80 y8

8

47%

47%
136

1%

1

30%

36%

36%

36

47%

47%

47%

47-%

l'/a

21%

1

24

36%

24

50 %

50%

52%

5

34,000
5,800
5,100

36%

74%

12%

12

70%

160%

300

12%

12 %

70%

'7434

160 3A

743/s
160

12%
71

9,400

76%

'

49,600

"

40

47%

47%

47%

46%

47% :

1,800

22%

f

38%

22%

420

1V3

30%

225/a

22%

23%

23

231/8,..

16,200

22%

22%

23

7,600

4,800

135

303/8

36%

2,000

,

47%!,.

46%

30%

11,300

46%

47%

22%

23%

135

*

22%

1,700

36%

23

136

70%

*70%

80

4,100
,

94 %

30%

12

;

27,700
-

*92%

23

94%

1

36%

36»/2

50

11%

30

-

190

33%

11%

370

4,900

33%

34%

2,700

-

19

33%

*

138

*130

135%

30%

1

30%

36'A
22%

'

80%

79

19

33%

23

,

32 %

<11%

36%

48%

19%

11%

22%

142

85

34%

-92%

82%

74

33%

23

81

7H

*32%

95

38%

*/4

19

19%

19%
33 %

37%

I

*84

85

38%

23%

15,400

23

22%

23%

24

24

24%

24%

24%

3d

3d%

3d

38%

373/4

38

r

50%

52 y4

49%

50%

152,700

;

21%

21%

21

2,500

22%
"

23

23

~

49%

20%

21%

21%

21%

21%

21

29

28%

283%

28%

28%

*28%

28%

28%

11%

10%

11

10%

10%

*l03/8

11

*10%

11

13%

14

13%

13%

13%

14

Inc___1.25

8%

8%

8V4

67%

8%
68%

68%

69

,

69%

84

85%

84%

85

*

85

85%

95

93%

93%

93%

94

54%

54

54 'A

54%

54%

800

5.700

29

11

■

21%

29

Corp

Club

8%

15

68%

70

5

common

84%

85

93%

93%

54

54

100,
25

*93%

54%

.

,

14

8%

8'A

14%

14%

83/8

8%

590

530

141%;'

11,400

;

1,600

70%

803/4*

4,200

853/8

70 V*

8%
86

5,500

*94

100

95%

54

54%'.

3,300

'

*

;

joo

8%

8%

23%

25%

25%

26%

31

ZZZZ100

_*

31%

31%

313%

9%

9%

9%

9%
30 %

30%

9

8%

'

29%

9%

10 y4

93/4

10 Va

-

26%

27 *A

26%

27V4

27%

273/4,

■

31 y4

31%

31%

32%

32%

323/8

9,700
2,500

9%

10 y4

9%

10 '/a

10

lOVa

26,100

<

30 %

9%

.

..

10%

55,900
.

2u-,a

3u

30 Vs

31%

313/8

32%

15,900

39%

39%

39%

39%

39%

39%

39%

39%

39%

39%

9,500

52%

52%

51%

52%

.51%

5134

51%

513/4

513A

1,200

2.50

,51%

21%

21%

21%

21%

21%

21%

21%

21%

21 3/4 ~

100

96%

96%

95%

97

*96y4-

No par

97%;

30%

30%

.30%

30 ?«

61

61

61'A

61%

14%:

13%

common..

com

40
.1

Bullard

Terminal

5%

conv

Butler

7'.

78

>

27

A

41

41%

,40%

A

_1

common-

22

Dec

24

22% Jan

27% July

9

Jan

5

■Canadian

21% Jan

28% Jun

7

54

Canadian

Jan

6

44% Jan

Cannon

15

14%

62%

-

14%

-

14

13%

*75

84%

84%

♦74

80

*74

20

15%

13%

14

14%

14%

50

43%

43%

43%

43%

4278

13 Vs

r
,

28

,

15

'
5

Co—;

"*

q3/4

•'

20%

100

;

10

_

5

:Ii

Inc__i__Z—"III5

C

iqi/~

4l%

No par

common

FoundryJ

Breweries Ltd.
Pacific

~*

15

Ry

100

iqs/.

92
9

20%
100

193/4
92

9

9%

20

20%

*100

101

<1,200

14%.

3,800

,

12%

*77%
.

77

13%;

•

18,800

1,800

.'41%

41%

42%

,

41

2y8

45%

45%

45%

''

45 Va

453/a

1,600

14 34

143/4

14%

14%

147/a

45,400

84%

84%

843a

84 3A

843A

843A

*74
'

201

80
a

14%
*42

19%
*91'%

*74

20%

20%

14%
43%

834

19%
92

8%

20

20

*100

101

80

*74

14%

*133A

43%

43%

43%

43%

100

19%

20

20

20 Vs

23,700

•91%

92

91%

91%

141%,..

83A

83A

8%

4,300

20 3/a

20'/a

20%

3,800

♦100

101

101

101

29%

283A

29%

28%

28%

283A

291/a

29 Vs

29'A

2

1%

2

1%

2

1%

2

97/a

9%

9%

9%

9%

93/4

9%

23 Vs

231/4

23I/2

1,400

14,800

223/4

13 y4
94

*93%

56

*56

55.

55%

3,500

2

13 y8

27

50

4,100

9%

933A

26%

140

8%

29

25

900

20 y4

233A

27%

23,206

♦133/4

23'/»

56

500

78

20%

24%

*26y2

^

20%

23%

2334

-■

20%

23%

*23 V4

21,800
39,900

23%

2%

100

■28

23%

10

18,000

77%;'
r

27%

233/8

9%

1,800

:

3iy2-

23%

2

200

>'

•15V4.

23%

No par
No par

19%
♦91%

i,64IAri
-

••

15%
31

77%;

27

;

77
,

f

270

10,300

143g
'

41%

*77%

64%
14

.

{

31%

13

,

27

.

5,000

32%

rl%

80

20%

78

78

15
31

i

321/4

45'A

1
.

14%

85

1

__

Mills

1%

14%,

20%

•

*77%.
*26%

45%

85

Canada Dry Ginger Ale
com—1.65%
$4.25 conv preferred
No par
Canada Southern
Ry Co
100

34

-

1%

—100

California Packing
Corp___
Zinc-Lead

29

45

100

preferred-

Callahan

&

13
.

'

41%

1%

45%

20%

.62%

'

1%

common

(AM)

W

13%

<

Bldg—

Calumat & Hecla

Campbell

>

44%

3——15

preferred

Jackson

13

97%

,

317/s

31

26%

participating preferred

Byron

303A

31

i

31%

14

15

:

78

is

*77%

Butte Copper &
?inc

Byers Co

>

*75

13'A.

^5

prior

Bros

4%7,

61%

"13%

26%

~~

Co

61 %

:

77%

preferred

Terminal

c

<

13

.

Inc—

31Vfl

*96

97%

,

26%

-

2

;
Co

"

15

77%

_

Burroughs Corp
Bush

30%

-

■, a

30 5,8

14 A

.

^^_n0 par

~~

Burlington Mills Corp
4% preferred 1
3% %

31

31 'A

f *96

1

1

1

Rights
Bulova Watch

15

'

753%

75%

15%

30%

5

77.

15%

__5

Co

Co

*75

No par

Co '

..

13%

Inc.—Z~III—H15

Co

Forge

24




25%

513/a

(The),Co common
$5 preferred

Buffalo

57

Pnr

800

25

23%

Budd
,

99% May 13

July 23

43A

'

53%

38% j
52%

conv
preferred..
Bigelow

Bucyrus-Erie

52% Jan

61

43A
61

24%

38 %

BrunsWlckf-Balke-CollenderJ

90% Jan

16

*4%

52%

23%

cum

30

8

'

25

22%

Roller

54% Nov 27

July

•

700

v

24%

22%

Co

Bush

102% Oct

20% Oct

8

2,200
68.400

52%

1

,

Co

-

'
->

43% ' 441/4

>

100

.

,5'a

—No par

3%7p preferred
Brooklyn Union Gas

5

.Jan

43%

16%
16%

5

25%

*5

;

Shoe

15% July 15
86% Apr
6

-

16 5A

j

1,000

•

51%

*92%

„1

new

Maine RR—

Brown

2 % July 8
45% July 19

*15%

xl

'

.

'

;; "

,

'

100.

:

7%

par

49% May 24

37% Mar 24

29

&

•

.

22

10% Dec

.

16%

i

■ ■

24 %

11%

5

Inc

BriStol-Myers

July 23
16% Apr 12
31% July 22

Mar 12

43%

16%

\$y8

*

9,000
360

13%
'

—j.No par

Edison

&

July 13

.44'A

5

>•

23%

7.50

Co .(The)

Brown

Apr

16%

*7

200

v

~i

122%

*ny»

7%

-

21,400 ;

f' 290
A 7,000 Z

46%

122

133/4

.;

>'■

?'

23%

34

Bearing Co
5
Braniff Airways
Inc—___J_
2 50
Bridgeport Brass Co„
Bi'lggs Manufacturing Corp__No par
Briggs & Stratton
:
.No

Mar 11

30

C 46%

■-

;
-

52

—2.50

class A

preferred

Bower

9

78

*15%

16%
5%

*43%

183/4

10

T_v

Common

3

'

44

33

50

100

Co

,

Stores

5%

*'

1% Jnlv 12
35% Jun

*

Chemical

Ami Co

Boston

14

>13%

6

25% Feb

.

-

•

25

84

Mfg Co
No par
10
(Delaware)—^

Co

Laughlin Inc

77

1

12

5

46%

-

.

10%
25%

17%

Decker

14% July 19

15

20% Sep
10% Sep

16%

5 >■ .'

*70%

&

Borg-Warner Corp
3%% preferred

64% July 23

1

16%

"

,

72

Borden

32% Apr. 30

4

July 20

5

160

Bond

■

'

.r.".

7

72

Class

July 21
32'A July 23

;

A

160

Book-of-the-Month

100

*11

o

70%

Bohn Aluminum & Brass

8

10 %

95% July 20

*

7

♦159%

Bon

39% July

>

*15%

<

70%

&

24% Apr

13%

6%

•a

159%

Bliss

56% Jun

7

69%

11

32% July 22

•

44

44%

13%

122

>158%

(E W)

10% July 21
7 29% Jan .5

4

16%

4%

*11

16%

16%

5%

*6%

46%.

•>>

125

71%

Bliss

May 27
97% May 28

>

*122

158%

Black

54% July 12

4

2

11

-■'45% <46%

121

70%

88

11

21

,

.35%

35%

158%

70% July 23

6

120%

16%

49 3/a

l

(Del)

12 % Jau

:

,.:35%

35%

-

,

100

Boston

5% Dec
26 % Dec

•r

r

;

106%

100

—

*

7

98%

.3

98%

Bigelow-Sauford Carpet (Del) com 5
4 % % pfd series of 1951
—_100

27

•

49% Jan,

pfd

.7/4 preferred

May 20
12% May 20
14% Feb 11

}

22
34%'

98 V2

.-

34

com—No par

■

*

31 %

4

93'A Jan

33%

22

98%

.

129i%

'

8

57 % Mar 17

»2i%

122%

22
32%

>

V

35% 'j 35%

*15%

*35

1

Blaw-Knox Co

24% Apr

99

j

36%

*10%

12

100

rr_

23% July 23

4

V

33

-

'

_i

Boeing Airplane Co

Jan

'

11%
7
16%

48%

2.50

Co

52% July 19

Jan

.'

22

32%

*98%

•

45%

45%

45%
121

*75

10

Foods

Blockson

6% Jan

22
•

323/a
99

23%

Loan

25% Jan

20

99

A 35%

30%

.

22

\

32
:

24%

100

,.

38% July 16

23

32% -\;

,

50,

50%

50

■

3

3

*21

22

,

-99%

1

2,600

7,600

Corp common
10
Cum pfd $3.25 ser of 1946_No
par
Benguei Consol Mining Co__il peso

7

1,300

i

1203/i

97,100

>

5

18

99

>

120%

10

common—..

22% Feb

Mar"

99.

v

.

62

4%%

27*% Jan

29 % Mar

J

93A

preferred

Bendix

6

'

2,200
-

4%

Corp

Howell

4%%

July 16

:

10%

—

15

23%

99%

120%.121%

f

7.800

,»

v

60%

common

Inc

17

,12% Mar 12

*98

37

10

loo

Dec

2

121 % /

-.i.

5»34

35-

*4%

preferred

27

14

:.P

*58y4

10%

'/o

<•

•

27%

28% Dec

15

;r

99%

1183/8. 119%

H •

58%
34%

10%

15

6% Dec

121

*\

*. "

119

58%

34%

27%

15

16% Sep

*98

.

f
•

10%

19 % Sep

21% Jan

116%

58%
58%
34% ' 34%

27%

23% July 16

5

'

>121% 122

•

A

58%

36

22% Sep

May

99%

117%

10%

12% Sep

38

115%

59%

Beech Aircraft Corp
beech Creek RR_,

28

3,000

-i

47/8

Corp

15% Sep

>

<

27%

Works

8

12

46%

116

*?.

230

59 %

50

30

5

46

/

50

-

.

35%

Beck

July 23

Jan

103

45 y2

-i.10.200

105

*102%

10

common

Oct

72

46%

*103

\

10%

12% July 23

>' 48

115%

25%

4

102%

47

25y8

9

104

58%-

10

31% Apr

63

46%

25%

104

36

8

160% July 23

47

25

4

:* 102%

27%

30% July 22

\

102%

10%

July 15

4

Vjr'

:

102%

,

27

July 15

Jan

9% May,

45%

25

*102%
*102

>

4%

<te

50

<24%

v

103

10%

Bell

144% Jan

25

102%

102%

♦98

44%

l

Jun

24%

' 99%

5

__10

'39;

2,500

59%

—

4

600

24%

9%

Co

27

24%:

47,000

4%

Packing

Jan

24%

"

58%

Aircraft

30 % Jan

24

24%

24%

2,200

23 V4

..

4%

Bell

1 % Jan

6%

12% - 123/8

10%

Belding-Hcmingway

51

6 3/8
23

12'A

103A

Iron

Beaunit

22

142

38% Jan

6%
23 'A

12%

*-

60%

Beech-Nut

82% July

24%

6%

>*23
•

300

9%

23% July 16

11

Jan

12»i

.. >

50
60

17%

4%

2

Apr

*17

58%

38% Jun
97

:

•

**

6i%
23 %

.12

>

16%

100

common

11% July 20

4

24%

*15%
i

13

34% July 13
'

17%

28%

Mar 12

Jan

*17

r<

1

Corp

preferred

4 va

19% July 20

-

4

9% Jan

May 19

31

29

Jan

-

6%

*22%
>

34%.

11%
*6%

par

Corp__

3%%

18% May 27

Dec

149-

35

30

78

17%

4,100
>,»•

'

10%

Jun

3

*147"

27

July 23

13% May

149

35

July 19

9

/A

23'A

3,400

743/4.
96 % '

*147

11

107

2 2'A Mar

A

283/4

131

28

92 %

74 5 8

96%

36

O

12

14% Dec

92%

74%

96%

103/4

4

■

92%

74%

28 3/a

waI

o

r": 147

*17

•34%

121

BayuK

50

Jan

%

.

5,400

96'A

10

Bath

11% Jan

4

,

92%
'

'*

74%

'

•121/8

102%
,

45%

45%

-

'

0

92'A
97

oigurs j.nc_,
„——No par
Beatrice Foods Co common—12.50

29% July 15

4

4

9% Jan
'

29,500

147

•58%

36

;3

preferred

Brothers

4%%

Jan

20% Jan

53,100

10

9%.

,

24%
102 %

32'A

noncumulative preferred—100

Barber

50%

10

(The)_Nopar

Co

Convertible 5%

May 14

22%

50 y«

92%

34%

*99

100

Inc__,

Wilcox

Bangor & Aroostook

76'A July 16

76% Mar 17

9

38

1

22%

50%

9%

74%

119 .
58%

<>21
•

No par

4% Jan

Dec

22%

49%

9%

'■//>

Amer

preferred

conv

Babbitt

of

42% Jan

Dec

.

.

102%

>

common

16

16

i.,

123% 124

--No par

21

18% Dec

24%

*98

.

common„„_No par

Jan

39

22%

49%

*961%

58%

B—100

<

11 % Mar 26

18% Jan

8.600

22%

74%

34%

5

Canteen

Babcock

1

41%

42

92%

6'/8 V

6%

23%
24%

118
A

_

_-___10

common

series

Mlg Corp (The)

$2.25

200

41

41%

9%

97

12

>

:

300

3%

Lines—

prior pref. <$1.20)_^_No

21

5% Feb

4

50

v;.■> '•'V*

Nichols

25

44 V2 Jun

I »S

>.

„

12'A

45%

RR—-_No par

w

6%

...

*102 :/

100

Atlas Tpck, Corp..,

5% Jun

4

&

liquidating

'

37 % Jan

upu

17% Jan

4

.

23 A

.

*___50

4%

Austin

Mar 26

-

*24%

,.

conii.—10

Common'(voting)

7% July 22

Feb

5

*3%

.

i
'.

_—

;4%r convertible pfd series A

Mar 24

1034

48%

17% r 17%

.

*10

,22%

' 149

♦147

•

3%

!

42

10

92%.

12'/*

10

-

City Electric Co

Atlas Corp
Atlas .Powder—

122% July 22

48%

223A

1

Fe—

Common

45% Dec

67

6

par

—i—10G

8i Santa

,

46% July 21

8

22%

74%'

.

17% A

102%

G%< 2nd preferred

Ex

22%

*96'A

149

,.24%

Atlantic Refining
Preferred $3.75

36% July 16

4

Jan

26

40%

:: 9 3A

92%

—

40'A

483/s
A

743/8

17%

—2.50

14

7

; No

lnc_-

14

22

5

...

Refining Co.-

preferred
Atlantic Coast Line
.

36% May 17'

34% Jan

26

52% Feb 26

Corp

*147

*3%

40

97

*96'A

___i

Preferred

100% Mar 30

103% Jan

9

16% Mar 13

17

13"% Jan

29

Feb

.60

9

2

36% Mar 27
108% Mur 18
7
27 ' Jan

31% Apr

94% July 16

92%
1

3%

*3%

10

74"%

,

lst'prefenred—_„t__i00

Atlantic

124% July 15

4

Jan

j

5

/July 23'

101% Mar 29

5

Jan

22
2

49'A

No par

Carpet Co Inc__

At,.<• y< ic

30% Feb

23%

9%

com

Associates Investment Co

119% July 15

8

92% Jan

2

•

22%
483/4

5

_

*10

,38%

■

j.5.25%

July 20

' •

92

16

40'A

Common

July 22

97% Mar 25

28% Jun

39%

„„

Constable

Artloom

25% July 22

18% Jan
93% Jan

37

16

-No par

(2nd preferred $1.50 series_:No par
Associated Dry Goods Corp—

59% Feb

Jan

3%

18

14

58% Dec

3%

26% Jan

13

33% Jan'

3%

4

Jan

54"% Jan

99

3%

23

29% Jan

19

_5

Inc

At*via ludusules

5

14
89% July
1

10'A

Ashland Oil &

13

Nov

10'A

14

Jan

49

10

26

57% Jan

25% Sep

10

Jan

*

30% Nov 30
119% Jan

10%

preferred

Arnold

6% July 21

27

18

8 <

10 3/4

14% Apr

23

29

8,300

*10'A

9

14

88% July

42%

11% Jun:

Sep

83% Dec

8.500

413/g

*38

$6 conv prior preferred
.No par
Armstrong Cork Co com——.No par

25% Feb

103

40 3/a

42%

5

50% Jun

*

40

41%

14

Illinois

Atchison Topeka
86

41

43%

2

17"% Feb

May 19

25% Sep

40

41

74*% July

13

Jan

16

2

39%

42

95% Feb

15

Shares

38%

413A

Armco

convertible

the Week

July 23

38%

Armour

of

Fridav

July 22

423A

2

Corp

Sales fur

Thursday

38%

50% July 23

Co

-

42%

10% Feb

&

PRICES

10

Co

Corp

Steel

SALE

10

Corp.

Archer-Daniels-Midland

July 21

HIGH

WednesdayJuly 21

July 20

July JO

—21.80

Oil

Mining

Products

AND

Tuesday
Par

Anderson Clayton & Co

July 22
52% Mar 29

33% Jan

6

25

15

8

>41

12

STOCK

YORK

Continued—Page 2
LOW

EXCHANGE

July 21

5

Jail

Nov

40% Sep

32

NEW

Highest

Monday, July 26, 1954

13 Vs

27
"26 y4
55 y2

23

13%

22%
13%

95

*93%

563A

*56

23

13%
95

23
13 y4

*93%

13%

13 Vs

13'A

95

93%

^31/2

6,200
11,100

90

563/4

*56

56%

563/4

563/4

70

27

27

27

*27

27%

27

27 Vs

600

263/4

26%

26%

26%

26%

2 6 3/a

263A

30,000

*55%

56%

56%

56%

58

61

55%...

700

\

.

Volume 180

Number 5345

.

.

The Commercial and Financial Chronicle

.

(359)

NEW YORK STOCK RECORD
STOCKS

Range for Previous
.

Lowest

Highest

Lowest

29

23% Sep

14

16% Sep

14

19 % May

*

May 27

<.

Jan

13

17% Jan

25

107

113% Mar 19

103% July 20

28

5

Sep~14

39%

34% Jan

2

12 % Sep

48% Dec

14

24

14% Sep

16

111% -Dec

24

45% Sep

21

96% Jun

23

18% Dec

:

14% Mar 27

*

25

Jan

143

Jan

9

44% Feb
101 % Jun

4

38% Jan

6

16% Apr

28

107 % Jan

4

•

133% Jan

24

98

15

J

16

20 %

20%

20 Vb

20% i

113%

*113%' 114%

*113%

114% •'

22%

22 Vb'

22%

22%

44%

45

44%

44%

*44 %

58%

59

57%

58%

57%

16%

16 %

16%

*16%

15%

14%

14%

*14%
118%

9,600

38 %

39 %

37%

38 %

51,600

20%

203/4 ' 21 %

1113%

*113% 114 %

113%

-

14'%
118'/a

~»118

•'

v

119

119

119

59%'

60
1 60%'
*101% 103 %

103%

21%

21%
1 115

22%

23

22% 1

45%

45

57%

57%

22%
113 %
76%

75%'

75%

75%

60

No par
20

21%

21%

22 Vb

23%

23 VB

233/8

Corp

common

preferred

,5%.

_______

*17

21%

21%

115

J

■

■'

f>l

1143/4

215%

24%

24

17%

17%

17%

17%

17%

*17%

173/4

20 %

20%

20%

20%

20%

20%

20 VB

'20%

6%

6%

6%

6%

6%

65/8

6%

12

*

26%

26%

26 %

26%

253/4

25

•

/

__100

67%

68

67

67%

*66%

67%

15 %

July. 22

Central Hudson Gas <fc Elect-No par

14%

14%

14%

14%

14%

14%

C

38 % Jan

'8

46

July 19

Central Illinois Light com.'—No par

'»•:• 44%

45 %'

45%

45

45%

105% Jan

19

112

100

108%

108%

108%

108%

*108%

109%

*108%

.19% Jan
8
15% Mar 15

24

23%

23%

■'23%

23%

23%

23%

23%

23%

17%

18

*17%

18 %

18%

18%

18%

18%

18 %

'18%

6

Jan

110

'20% Mar
28% Feb

24

14% Sep

14

28% Feb

25

18% Jun

10

23% Dec

10

v

2

.

10% Feb

30
16

20% Jan '

5

4

—

Central Illinois Public Service
10:.
Central RR Co of N J class A—50

16
16

50
Corp
5
Cos—-9.50
Century Ribbon Mills
__No par
Cerro de Pasco Corp__-•
5
Certain-Teed Products Corp
1
Chain Belt Co
-10

Central

8

,

July 20

30V» Jun

i

3 "■

13

11% Sep

14

15% Mar 20

12% Jan

4

18% July 23

30

15

37

3

33% Jan

4

41

V

July 19

Violeta

Sugar

18%

27%

28%

*11%

Central & South West

12% Mar 18

>46

*17%

:

Class B

28% July 19

•19% Oct

Feb

preferred

4%%

.

July 23

19% Jun
.

26

6% May 27

9% Mar 12

38% Jan

Mar .5
»

19% Jun

4

15% Jan

23 Vb Jan • 6
•

17% Mar 16

,

preferred series B—•

5%

11%

*7-%

26%

*17%

7%

26

6%

26

600

'12,800

26^3^

26

€7%

14%

15%

44

"44%

'

1

29,500

17%

?6%,

■

*66%
'

.

7%,
26%

,

67%
v

15,

3,700

-67%

900

'15%

i

23,800

^ 44

44

1-10

11,200

2,400

*108% '110

80

1

233/4

24

6,500

18

•

*173/4

600

18

8

18%

18%

1,200

27%

27%

27%

27%

27%

28 VB

10,800

11%

27

17%

28

27

*11%

27%

.

,

,4,800

24% '

'

17%

72% Feb

'

140

76%

*20 VB ' 20%

32% Jan

12 £

7% July 23

27,700

-

115

75%

4

21 % Mar

:'

6,700

22%

114

*75% l

23 % Mar 25

6

4

80

62

233/8

•

800

15,900

103%

75%
'

10,900

118%

61

21%

114%

■

1,000

.

14%

*102

'

215/8

115

14%
*117

103

11,100

*163/8 > 16*%

118

♦101%

76

*114

-14%

118
•

75%

16%

14%

103%

21%

58 5/8

16%

-

60

*101%

70

45%

65%

6,000

22%

45

.

45

59%

60

*101%

Shares

10%

20%

16 %

15

the Week

10%

58%

16%

223/4

"

10%

10%

54% Mar 24

24

Sep

20%

'

12% Jan

14

6% Dec

10%
39 %

;

30

14% Sep

10% Dec

10%
37%

•

22

Mar 27

Jan

4% Jan

26

17%: Jun

t

10%
38%

Friday

July 23

,

Central Aguirre: Sugar. Co___
5
Central Foundry Co
;—1
Central of Georgia Ry
No par

7% Feb

13

12

10 VB

37%-'

113%

Celotex

7

17% Jun.

io%
37%

7% 2nd ^preferred
i
100
4%% conv preferred series A-100

v
i

io%

'

Sales for

Thursday '
July 22

22

.

Apr; 12

24% July 23

11

2d

.

PRICES
y

113%

L

Co

SALE

July 21

42% Mar 25,

.

11% July 14
Jun

15% Jan

Steel

Carpenter

76% July 19

.

4

73 % Jan

31

15

97

Jan

40% Jan

,

59 % Sep

16

24

HIGH

Wednesday

20%

_5
13
Carrier Corp „———i
10
16% July 13
Carriers & General Corp—l
1
17% Apr 12 V Case (J I) Co common
—-12.50
129% * eh 26
7% preferred ____'
,1
__100
63% July 14
Caterpillar Tractor common
10
104% Apr. 13
.
Preferred 4.20%
100
22%. July
6
Celanese Corp of Amer com__No par
46% Jun
62% Apr

1

July 20

.

35%

•

>

40% Aprr 12
21% Apr 30

.120

4

16% Mar 18

19

26% Dec

-

66% May

5,

20% July 27

30

19% Feb

35%: Jun

2 ,*

Jan

19% Mar 25

2

4%.Sep
i

17*

2

24

15% Oct
■r

4

Jan

24

29

-

113

3

Feb

Dec

.15% Sep

7

i

65% Jan
105

65% Dec

104

4

Jan

13% May

5.

;

>5

46% Jan

16

40% Jan

13

Jan

49
'

Tuesday

V

July 19

,

21% July 12
'

Monday

Par'

Capital Airlines-Inc
—_
l
Carborundum (The? Co—
—5
V Carey (PhilipX Mfg Cb_—•_
10
116
Jun 22
Carolina Clinchfield & Ohio Ry_100
23% May 26
Carolina Power & Light new_No par

v

5!'

Jan

YORK STOCK

EXCHANGE

'

■

*

10% July 20

4

8% Jan

29

13% Jan
30

8% Dec

NEW

V

Range Since Jan. \>
Highest

Year 1953
:

Continued—Page 3
LOW AND

11%

11%

*11%

!ll%

*11%

11%

7%

75/a

27%

8

27%

28'/a

17%

18

17%

17%

17%

18

40%

41

40%

41

40 3/4

7%

•7%
28

'

41

r

2° VB '

500

30

10,200

15,600

18%

18 Vb

18 3%

41

*40

100

7%

7%

28%

18

'

*18

40

40

1,400

Champion Paper & Fibre Co—
26% Jun

16

34 % Dec

22

103% Jan

Jan

5

33

30

:

32% Jun

31% Feb

4

5

35

15

41% Feb

2

33 % Jan

4.

36% Feb

27

84% Jan

~4%

Sep

15

Mar 27

85% Oct

80

Jun

3

12

Sep

15

23 % Mar 13

it

Aug

31

26% Mar 17

16

21% Mar 24

18 % Jan

21

12

Sep

5% Dec
10

Dec

Hii

5

18 % Jan

29

July 22

21

27 VB Jan

34

July 22

6

12% Mar

la%

5% Jan

31

10

Jan

6

29

22% Jan

13

12% Feb

51% Jan

21% May 21

10% Jan

30

44 % Aug

2

28

6

3

34 Va Feb

62% Mar 19

45% Jan

4

82 % Mar 19

63

5

89% Jun

25

7% Oct

13

10% Sep

62% Jan

76% May 27
95
Jan 12

6

22

Jan

4

Juiy 15

101 % Apr

7

11

7% July
11% Jan
1% Jan

4

7 % Jan

5

Feb

5

35

56% Feb

1

66 % Jun

20% Feb

18

97% Jan

4

18

3% Feb

10

13

13% Feb

13

29

39

Jan

5

-.96% Jan

29

*9

21

2

15

9% Mar 15

9% Jan

1% Dec

17% Jun

11

12

9

93% Juiy 21
73

14% Feb

<

6"% Oct
58% Dec

Jan

6

15% Jun

8

Jan

18

10% Feb

5

11

3

'47%

104 %

27% *•
6

4.7 %

105

26%
'

6

47%

*104

•27%

May 25

1,500

105%

30

273/4

27,100

6%

17,000

26%

34%
35 Vo

35%

90%

90%

90%

35

*35 %

35%'

36%

20,200

*90%

90% '

'343/4

353/8

'91%

*90% ;

91%

300

'16%

17%

17%

343/4

35%

6

16%

34%

35%

6%

34%

5%

5%

'

'

35

2,300

•

16%

16%

25

25

22%

22%

23 Vb

23%

26%

273/4

27%

28

27%

32%

32%

33%

333/4

13%

7%

16%

25%

22 Vb

26%
33
14%

16%

25%

14

14

14

7%

25 :

800
800

25 % 1 "25 %

•23%

23%'

23%

27,100

29

28%

28%

9,900

33 Vb

34

33%

34

14%

14%

14 VB

14%

2,800
1,400

7%

7%

7%

7%

1,400

23,700

73/4

7%

7%

25

•

10%

103/4

10 5/a

103/4

103/4

11%

11

11%

10%

11 Vb

40

39%

393/4

39%

39%

40

40

393/4

40

Chrysler

29

St

series A

5','fi

71% July 22

6

47%

106

39%

Milw

Chic

12% Mar 31

11

31

Oct

Dec

Mar

27

*34VB

17%
25%
22%

*7'/a

*105

28

5%

90%

*16%
25%
22%
26/2
33
14%

106

pfd—100
Chic & Ndrth Western com—No par
5*> preferred series A—,:
100
Chicago Pneumatic Tool com-No par
$3 convertible preference—No par
Chicago Rock Isl & Pac RR__No par
'
5% conv preferred series A—100
Chicago Yellow Cab-*.-i——No par
Chickasha Cotton Oil
;—10
Chiids Co common—
1
5% convertible preferred
25
Chile Copper Co—
25

26

30

90/a

47%

47%

47%

>

27 VB

106

Paul & Pac—No par

11

46% Jan

15

22

8% May 21
2

10% Dec

59

8

10 % Mar 25
35 Vb Mar

Manufacturing—1.25

Cab

convertible preferred—100
Chicago & East' 111 RR com—No par
:
Class A
<
—40
Chicago Corp (The)--1
Chicago Great, Western Ry com—50
5'/r preferred ;—i
50
Chicago Ind & Louisville Ry cl A_25
Class B__
——No par

27% May 14

Jan

18

47%
106
29
5%
6
34 % 34 %
35% 35%
27%

3%%

o

^

34% Jan

30 % Dec

Aug

a

'L

25% Mar 19

26% Jan

40% Sep

59

May 12

7

14

41% Oct

Checker

47%

47%

V *105

Chesapeake Corp of Virginia
5
Chesapeake & ctnio Ry common—25

15

6

Oct

17

27% Oct

Chance

July 23

91

23% Feb

17% Jun

13

$4.50

1

3

6% July 22

31

4% Feb
25% Jan

2

25% Dec
32% Sep

1
No par
preferred
:—No par
Vought Aircraft Inc_
1

Common

Mar 17

108

May 12

22

"~7%

47% July 19

11

98% Jan

3

92 %Jun

noncuin

11%

29%

68%

69%

*90

72
100

10%

623/e

11%

28%

693/4

11%

11%

28 3A

69

70

•-

•

*1%

93

93

93

72%

71

713/4

8%
14

2%

10%

101

100%

101

8

11%

12

6,000

293/a

293/8

293/4

3,500

*71%

*94

93%

71

101

11%

11%
29

72%

2%
*29

,

29

71

11%
28%

.

93

8
14

25

Corp

11%

28%

70%

71%

4,800

*94

'98

71%

101

3,900

101

400

98

72%

72%

72%

6,800
'

101

900

102

*100%

8%

8%

8%

700

*14 VB

14%

14%

14%

14%

'14%

14%

15 Vb

2,700

*2%

2%

2%

2:,/a

2%

2%

2%

1,500

8

*10

*8

29

29

63'/a

62 VB

10

62%

*28%

*28 Vb

63%

62 %

2

9%

-29%

9%

*28 %

400
30

29

63%

63

'63%

63

%1

1

'10

*93/4

29

10

10%

31

*8

8%

49,300

Cincinnati Gas & Electric—
22 % Dec

91% Jun

25

102

35% Jan

22

55

Jan

>

16

70% Oct

6

15

14% Jan
Jan

102

15

14% Dec

28

72% Dec

28

83% Feb

Oct

5

44% Jan

6

31

33% Mar
*

Aug

17

Nov

4

4

24

12

109% Jan

19

July 14

15

75

41

21

33 Vb Sep

11
19

29% Oct
97% Nov
Feb

Sep

5

14

34% Dec

28% Apr
128% Sep
Jan

89

107

Oct

874

Jan

38% Dec

21

80

Jun
Dec

2

29% Jan

4

Clinton

1

97% Jan

8

4%%

4

2% Jan

36% July 21
140

Apr
Feb

111% Jan f 4
930

976

2
7

52% July

6

93

Mar

5

5

86% Jan
12 % Jan

15% Mar 24
41

49

Dec

22

47

Sep

38

385/a

38%

39%

39'

39%

12,500

95%

,96%

96%

20,900

47% Feb

Jan 29
Apr 30

26

3

71

38 % Jan

9

50% Dec

9

41 % Feb

2

69

•

Fuel

Iron

&

July
% July

12% Jan

4

14% Jun

•19% Jan

12

25% Jun

22

Columbia

15

68 % Jan

4

Feb

17

5134 Mar 17

.41% Jan

11

49 Vb May

$4.25 cumulative preferred-No par
Columbian Carbon Co
No par

26% Jan

11

31% July 15

89

2

27% Dec

11

48% Dec

8

44

Jan

14

58

38% Jan

6

34% Jan

12

43% Apr

29

«

27

Columbus

Pictures

&

Southern Ohio Elec—5

21% Dec

29

27% Jan

27

20 Ve May

3

23% Jan

27

Inc
1
L;—-—10
No par
Commonwealth Edison Co com—25
$1.32 convertible preferred—25
$1.40 convertible preferred
25
Conde Nast Publishing Co—No par
Cone Mills Corp
10

20% Oct

28

24% Jan

15

17 % May

5

23% Jan

26

Congoleum-Nalrn

38% Sep
31

Sep 18

15 % May

Sep

15

22% Jan

2

32 Vb Jun

17

37% Dec

2

37% Dec

7

36% Jan

37% Mar 16

36% Jan

16

367/b Jan

-./

*873%
623/8

Combustion Engineering

July 22
19

Commercial

Credit Co

11

19Vb Julv 15

Commercial

Solvents

4

44% July 19

1

42
*53%
*50%
62%
62 %
14 Ve
24 1
80
45%
31

55 Vb
41
18%
43 %
r43 t

17

32% Jun

17

5% Dec

29

.,

8

Mar

6

3

Jan

4

15%
17%
42 *
42
53%
51
65
63
14 %
24

42% July 16
8
Jun 29

Dec

30

20% Dec

31

20% Jan

12

6% Sep

14

11

25

7% Jan

4

18

Feb

10

42% Dec

11

40% Jan

4

103% Jun

2

109% Jan

5

107 % Apr

26

12% Dec

16

16% Apr

24

12% Jan

4

23% Jun

10

26% Jan

8

Jab

7

34% Jun

'

28

14% Apr

Jan

5

Jun

15

110% Jan

7

91

Jun

10

102

11

Jan

107

Mar 26

98

Jan

7

31% July 23
112

Feb

12% Feb

11

16

58

Jan

2

54

Jan

7

65% July

17

Sep

14

38% Jan

5

18

Jun

9

25

5% Dec

23

10% Jan

6

5% Jan

4

8

Dec

29

10% Jan

6

7

6

35 VB Apr
99

13% Apr

27

'

Apr

15

July
Jan

8

9
26

6% July 16
8% s^b 15
47% July 19

23

40% Nov

2

38% Jan

8

Jun

19

109% Jan

8

105% Jan

5

110% Apr

5

99% Jun

18

108% Feb

5

106% Jun

7

109% Feb

1

93

23

102% Feb

11

.

18% Jan

2

89% Sep
45% Jan
87

May 17

101 % May 25

20% Jan

23

25% May 21
95% Jun
4

13

58% Nov

6

54% Jan

May 20

97% Jan

8

96




90% Jan

Jan

4
4

4
'21

49% May 27
104

July 13

*23% Mar 29
98% July 23
74% July 22
100

May 13

;.9i%

109%

71%
42%

41

41%

18 3/a

19 Vb

18%

110,;.
; 72

18%

72

•*.

;jl

62%

*109%

680

170

72
,

43

140

18%

18%

19

7,600

52%';

,41

•

*

51%

51 Vb

523/a

52%

53%

263/4

27 Vb

26%

263/4

263/4

26%

95%

95%

95%

95%

95%

95%

50%

2%

2%

23/4

2%

35%

36%

35%

36%

35%

134

92%

*133

134

134

116 %

134

91

15%

17%

17

17%

3/a

17

18

*893/,

163/B
„

41%
42

42

42

53%

53%

54%

53% -543/4
*49% j 50.%
633/4 •64%

*50%

"

51

50%

50%

62

62%

62%

63%

613/4

61%

7,400
60

5,200

17%

28,500

s/8

700

41%

43

45

210

53

43

'

61%

50%
91

16%

41

413/4

413/4
*41%

,

173/a

.

53 %

'

700

6,700

15%

i

42

42

923/4
119

493/4

"

153/4

;...

80

134

91

41%

*41%

7,800

118

*893/4 '*01

153/a

17%

35%

2,800

*900

50

493/4

4

15%

10,900

133%

-93

117%

50%

*89%

91

360

23/4

34 VB

*92%

15

.95%

23/4

*900

495/s

26%

953/4

,36

117

116%

*900

50%

26%

23/4

134

93

*92%

93

116%

533/4

55,700

'

*23/8

116

2,900

110

*71

■„

•41

41
18%

.

3,400
•

91 %

62%'-

62%

*71

70%

180

*87%

'

62 %

483/4

*165

53%

250

•

62

;

62%

'

*493/4

10

50%

64%

2,900

2,100

14 Vb

,

633/4

14%

47,500

23%

>'

65

633/a

.

63%

243/8

8,000

14%

14 Vb

14%

23%

233/4

80

80

46
31%

453/8

46

46

463/4

46 3/8

31

31

303/4

31%

30%

55

55%

55%

56%

57

57%

58

41

413/B

41%

41%

41%

41%

40%

41%

18

183/«

18 Vb

18%

18 Vs

183/4

18%

183/4

18,900

433/4

44 %

43%

43%

43%

43%

43%

44

22,600

7%

~7%

8

6,900

23%

23%

23%

7,300

19%

19%.

3,000

56
41%
18%
44%

Coppermines Corp—5
com—No par

26
11 %
46%

26
11%
46%

preferred

—

Foods

--

Corp

—-No par
1.33%

*43%

14 VB

14%

.

'

,

r43

23%

24%

*80

%

43%

r43 %

43%

7%

•7%

75/8

■73/4

22 %

22%

22%

22%

18%

18%

18%

183/4

,

80

46%

47

4,800

30%

"47

31%
58

-

81

30%

5,000

*80

81%

.

,

B——100
Preferred 4% series C
100
Consolidated Laundries Corp
5
Consolidated Natural Gas—
15
Consol RR of Cuba &% pfd—-100
Consolidated Retail Stores Inc
1
Consolidated Textile Co Inc
10c
Consumers Power Co com
No par
$4.50 preferred
——No par
$4.52 preferred
No par
Corp

of

r43%

108 % 108 %
14Vb
14Vb

—

—

*43 %

•

—

—

M.

•

.

11,700

13,600

200

'

300

—

'

73%
'

23
.

.

18%

193/a

25%

^

25%

30%

31

109% 109%
*99% 100.

*14%
64 %
*18%

14%
65
20'
6%

*6%
8'/b
8%
47Ve 47%
110
110

*107% 108%

26

26

25%

25%

60

61 %

103

104

22

22

97%

98
72%
98

72

*97%

*25%

600

25%.

11%

113/8

11%

11%

11%'

11%

11%

11%

11,700

453/4

46%

45%

46

45%

46

453/4

46

14,300

108 3/4

14%

109

14 %

30%

31

109%

109%

♦99%

100

14%

63%
*18%
6%

108%

108%

1081/2

108 %

108%

108%

1,700

14 Vb

14 VB

14 VB

14%

14 Vb

14%

3,100

31%

15,100

14%

64%
20

6%

31
110

31%.
110

100

*143/8

143/4

*143/8

64

64

65/s

8%

8%

83/8

473/a

47%

60

♦102%

110

109 %

107%

107%

61%
104

60%
104

213/4

21%

213/4

97%

97%

9734

*

',

400

62 %

62%

2,700

*18%

6%

6%

20

6%

£50

8%

8%

2,700

47%

47%

47%

9,000

109%

105*

109%

200

*107%

108%

320

61%

61%

60%

"

*10^:

623/4
105

5,300
1

30

22%

21%
98

143/4

11)

*104

98

'*14%

107%

107 %

22

130

.

8 3/8

8%

*109%

60%..
104

100

20

*6%-'
47%'

110

108%

40

111

63

*18%

6%

*99%

14%

63

20

*18%

31%
*110

100

.

47%

109%

31%
111

99%

8%

*107 %

31
*110

99%

x47 VB

America—

Common
.
10
4% preferred
—
100
Continental Baking Co com__No par
$5.50 preferred
..——No par
Continental Can Inc common
20
$3.75 preferred
Fc p.u

-

•1

Light &

Power Co of Bait com—No par

Container
47

Jun

*87%

623/4

,47%

•

290

83%

83

48%
180

Cigar

Preferred 4%% series

105% Mar 25

48% Jun

5

'

: 84

40

80 %

18%

Consolidated

1

1,500

233/4

18%

Inc.

Consolidated Gas Elec
28

100

17%

14

-No par

$5

4

23

173/B

7,900

101

233/4

43
43%
7%
22%

Consol Edison of N Y

46% July 19
109% Mar

17%

48

110

*71 *)

6,000

*165

91V2'

62%

35 VB

84

473/4

*873/4

'34%

17%

180

110

*34%

12%

12%

80%

7%
22

Corp—
Ex stock distribution

27% July 15
113/4 Jun

91%

623/4'
110

*99

343/8

84

<

473/4

12%

! 98%

80

Consolidated

42 % July 16

4

4

109%

84

95%

230

5,100

11%

34%
17%

*165

*900

Consolidated

32 Vb Jun

t

180

7,100

98%

"

*41%

*89%

41%

Inc——No par
common—No par

5

24

69 % Dec

91%

62%

72

83 %

483/a
'

50%

15 %
17%

—

Jan

-

47

89%/'' 89%

Columbia Gas System

9

*82

*165

50 %

50 %

preferred

22% Dec

6

17%

*500

No par
No par
No par

7

16'

41% Feb

15

17%

49%

23 %
100 3/8

11%
102 "

*98%

17%

109% 110

10

11%

11%

34

83

23'/a
100%

95%

91%

923/8
102 '

343/8

180

23%

1005/b
*

17%

*71%

•

11%

23%
1005/s

'

101

34%

*41 % 42%
19%
19 %
51%
49
27%.
x27
95% 95%
2%
2%
35% 35%
134
134
923/4
*91%
116% 117%

100

91%
*98%

23%

22%
101

34%

62 %

2nd

9

5%%

28

45

2

1

102

*88

series B—
50
Ry com—100
4% noricumulative 1st pfd-t—-1004% noncumulative 2nd pfd—100
Columbia Broadcasting Sys cl A-2.50
Class B
2.50

56% Jun

50

65% Mar 24
50% Dec
15

.
4gi/a
*165

Colorado & Southern

16

'52% Feb

Mar 24

1
8

7

11%

11%

No par

preferred

Colorado

38% Jan

29

93%

92%

*98%
- 34
17%
g2%

a-1.

Colgate-Palmolive Co com
$3.50 preferred
Collins & Alkman Corp

43 % May 24

24

Mar 22
.„.

conv

cum

18% Jan

20

40% Jun

23% July

39 %

stock—50
1

16% July 23

4

27

203/s Mar 17

Sep

38%

preferred_100
Coca-Cola Co (The)
_*.
No par
Coca-Cola" Internat'l Corp—No par

13

Apr

July

383/4 Jan.

66 Vb Mar 24

37

39%

Inc common

Foods

4% -cumulative

125% Mar 17

23

59% Mar

7%

Cluett Peabody & Co, com
7%

10

14

11% Jan

;

2

94

Dec

12 % Dec

72

Clopay COrp

14

6

Nov

67

693/4'

-

12

■

•

70.%

Climax Molybdenum

24

43

14% Sep

69%

:—No par
1
preferred——100

53% July 23

Feb

243/4 Feb

31

27

Jan

.

69%

No par
gtd—_50

_

Pitts RR

&

Jan

89

17

90

8

13

Dec

47% Jan

July

23% Jan

guaranteed 4%
Clevite Corporation-—
Special

4

132 % Jan

20

892

Cleveland

32 % Mar 25

».

29

125% Feb

23

Dec

$4.50

Mar 22

2 Vb May

July 24

136

78

preferred

July 19
Mar

24

4

2

69%

preferred—100

75

92% Apr

♦

25

69%

Illuminating com.Nopar

37

*

9

12

noricumulative
Eleo

44

-18

15
43 Vb Mar 20

Jun

Cleve

Jun

110«

1003/4

69%

Co com^_100

C & St Louis Ry

41

25% Apr

22% Jan

C

5 ','e

Mar 24

July 22
'

Jan

100 %

69%

_5
^-100
City
No par
City Stores CO common
j_5
V
4JU% convertible preferred—LOO
Clark Equipment Co
20
C

Mar 15

91

62%

Co—

Service

23 Vb

100%

69%
33%

23

Inventing. Co common
preferred —:
Products Corp;

70 Vb Jun

107
•

44% Mar 19

16

July 19

210

53% Jan

Mar 23

70% Dec

July 12

49 %

Mar

89

-

85

May 12

170

30

54% Nov

Sep

'

27

Corp

22%

100%

5'%%'

18% juiy 12

Jan

Financial

T

City

7

Jan

90

18

35% Jun

33 % Jan

172

Sep

4

lot

I

Cities

14

'74

16

C

12% July 22
uan

9

10

Jun

106% May 24

5

3

Mar 24

100

4

>15

Feb

80

Jan

: 27 % Jan

5

47% Jun

152

39% July 23

98% Juiy 22

12

10

26% Dec

:

11

78

-

Jun

95

76% Apr

9% Jan

95% Jan

9% Sep

12

28% Jan

30% Dec

24% Jun

30

Jan

47

23 VB

100
Co—10
-No par
——10

4% preferred "
Cincinnati Milling Machine

11

'

Dec

—•—No par

Common

23% July 22
103% Feb

*

21%

21%

2,800

98

98

98%

270

733/4

74%

6,900

*97%

98%

300

72%

73

72%

74

73%

74%

97%

97%

98

98

98

98

16

(360)

The Commercial and Financial Chronicle

NEW YORK STOCK RECORD
Range for Previous
Lowest

Range Since Jan. 1

Highest

Lowest'

7% Sep

15

10% Mar 17

17% Jun

11

20% Mar 17

9% Sep
67

16

Jun

13% Mar

16

7% May
17% Jun

3

72

7'/« Sep

14

8% Apr

8

19% Jan

14

13

62% Jan

5

13% Jun

6
15

7% Jan

11% Mar 25

48% Oct
15

4

Feb

4

52

V* Sep

15

14

28% Mar

21

26% Jan

27

15

27'/4 Feb

2

6

52

Jan

55% Jan

15

Jun

18

Steel

20% July 23

Continental

Cooper-Bessemer

41% July

9

52

Jan

25

44% Mar

5

49 % Apr

9

4

32% Mar

68% Jan

15

90% Dec

21

87% Jan

12

96% Jan

19

95% Jan

8

99

96% Jan

6

101

Jun

78

60

25

Mar 22

Preferred

July

13

3 % '/t>

Jun

28

Cum

Nov

9

71% Feb

24

78% July 15

Mar 31

176% Dec

31

174% Jan

5

182% M*r 29

18% Nov

16

Jan

4

3 % Sep

i

15

1 % Nov

Jan

2

15

5

Mar

30

25 % Sep

87% Jun
25% Jan

95

2

10% Dec

29

Jun

3%%

72% Jan

4

86

14% Jan

5

20% Jan

26

Cuba

Cuban-American Sugar common
7% preferred

31

17

Jan

6

Jun

24

185

Jan

15

180

52

Nov

21

27

Sep

49% Sep
6% Sep

28

6% Jan

29

Mar 17

52% Apr

20

7% Jun

30

34% Jan

15
31

21

23% Sep

14% Feb

28

64

21

5% Sep

93% Dec

4

5% Apr

12% Mar 19

18

6% Sep

11% Jan

8% May 2i

18

29

57

27% May 14

8% Apr
2
100% July 28

6% Apr
93

103
60

4

54% Jan

5

9% Feb

2

7% Jan

4

$7

16

Jan

23

138

Apr

17

134

Jan

7

31% Sep

15

43

Jan

15

39

Jan

11

25

11

Jan

29% Sep

15

40% Mar 23

30% Jan

11

22

92

87% Jan

26

93

4

Dec

22

13% Aug 20
11 % Dec

8

16

39% Dec

17

90

Jan

5

16

91

Jan

13

94% Jan

11

86

Jun

3

97% Feb

11

17% Aug 31
7% Sep 15

23% Feb

2

34

Dec

14

47% Jan

5

23% Sep
28% Jun

15

30% Jan

2

24% Jan

4

32% Jan

4

34% May 24

18

33% Jan

5

26

3.75%

Co

7%

28%

2,600

65
r

102

i

77%

*96

102

25%

25%

3%

3%

3%

33/4

1%

1%

1%

1%'

33%

33%

33%

33%

33%

34%

*97

28%

24%

12%
>170

99

*97

99

28%

*28%

28%

16%

16%

34%

*333/4

48

47%

104%

17%

♦333/4

12%

16

*170

*15

12%

16

12%

200

*170

*15

12%

53/4

5%

53/4

54'A

543/4

♦543/g

8%

83/4

8%

83/4

29%

*28%

29 %

7%

3%

101

17%

8

8%T

9

*233/4

102%

*101

*101

58 %

58

58

11%

11%

11

11%

27%

27

135

273/g

136%

57%

38%

27%

38%

136%

*135

563%

56

27%

57

27

138

57%

57

383/4

38%

94

93

93

*43/4

5

14

*13%

14%

18

17%

43/4

38%-

'

5

14%

*13% *

18%

xl8

41%
94%

*94

94%

93

94

*92

94

94%

*93%

94%

*93

94%

*93

94%

100

96%

96%

*96%

98

*96%

98

*96%

98

Inc

13%

50c

9%

13%

13%

41%

13%

13%

10%

10%

10%

49%

483A

49%

49'A

29%

29

29%

28%

29

34%

34%

*34

34%

*34%

100

41%

42%

41

41%

52% Feb

2

3

463/4 Feb

30

12% Jan

4

153/4 July 22

Delaware Lack At Western—

50

14%

14%

14%

27

Apr

7

32 %

Delaware Power & Light Co—13.50

30%

30%

30%

30%

9

55% Jan

12

75% July 23

74%

743A

74

74"%

Aug
4
24% Mar 23

93% Jan

14

113% July 23

16% Jan

4

30% Dec

28% Jan

11

10%

14%

21

41%

13%*

503/4

29

20

Hudson

41%

133/4

49

15% Jan

11

100

18%

4,100

•

41%

4,400
90

.*

;

81 % Apr

29

60

28

15% Oct

99

7

24% Jan

16

61

July 24

2% Dec

if

29

64

14

9% Dec

17% Sep
18% Sep
25

Dec

14

94%

*96%

98

70

133/4

13%

•

13%

11

:

11%

11%

"

51

50

3,400

'i

11%

50
'

•

■

10

.,

50

283/a-

28%

27%

34%

34%

341/4

42

41%

42%

■

\

28%
34%

153/a

15%

31%

31%

74%

74%

•
.

Mar

2

62 % July

6% Mar 17
16% Mar 25

2% Apr

15

19% Jun

£

8

■1

18

1

Feb

20% Jan

24% Mar 10

8

Sep

14

95% Jun

9

32% Jun

24

j

40% Feb

3

33% Jan

30

12

£

34% Feb

13

33% Jan

Jun

9% Sep
10% Sep
25

Jan

7% Sep
31% Jun

33

;

108

15

Mar 17
-,

Jan

27% Jan

2

15%
313/4

9,200

*

:

40,700

•

17
12

12

41% Dec

8% May 17

3

Jan
Jan

28% July

5

16

13% Dec

29

23% Mar 10

14% Jan

33% Jun

10

43% Jan

59% May 14
33% Feb
2

94% Jun
17% Sep

29

15

75

Dec

36

July 29

6% Dec

2V

13% Feb

102% Jan

26

8

15

100% Jan

4

2,200

-

4

20

20

2

293/4

30

29'A

293A

10

33%

33%

32%

33%

Alkali

4.40%
$1.50

Match

T

Motor

Car

5% conv preferred series A
Dobcckmun Co (The)

12

94% Jan

6

4

28% Jan

13

30% Dec
48

Feb

47 % Apr

23

52

Dec

9

50 V3 Jan

43% Jun

4

48% Jan

5

473/4 July
51 VA

JO

45

10% May 15

Jan

July

9% Jan

6

Nem

Common

20% Jun

2

89

May 28
12% Sep 14
39% Sep 21
1 % Dec 22
23% Dec 29
10% Oct

24% Dec
102

Feb

17% Feb
57
2 VA

7

11
24

Mar 12

Apr

15

373/4 Jan

9

6

13

Jan

26

Oct

5

33% Feb

4

48% Dec

31

22

44

30

Oct

6

51% Nov 30
60% Feb
4

Sep

15

13% Sep

15

18% Mar

37% Jan

8

2

85% Feb

3

22% Jan

19

IOO

Jan

13% Feb

4

23

36% May
1 % Jan

4

23

6

May

113/8 Mar

6

3

24% Mar 24
95

Jun

com

50

preferred

nn"'

50

Kodak

Eaton

Steel

Co

Edison Bros Stores
4% %

Ekco

Elec

Mus Ind

49% Mar 29

54% Apr

9

5%

conv

3534 Jan

4134 Jun

17

20% July 21

Elliott

El

Co

Paso

2nd

Natural

Emerson

Electric

13

July 21

Emerson

Radio

23

26

Jun

293A Feb

Empire District

% Dec

21

99

20% Jun

4

6

Sep

18

16

Dec

7% Jan

22

10 % J uu

9

22% Jan

5

64% Dec

16% Jan

22

18% Jan

27

74% Feb

5

66

15

74




see

Apr

21

page

24.

703/4 July 16

July 22

74% Feb

5

983A

-

983/4

983/4

*98%

32%

33

32%

-33%

333/8

*46%

47

*46%

-

119%

■47

*46 %

99

33%

99

47

99

33%

-

333A

*46%

■

1,000
400

11,000

47

52%

52%

52 3/4

53%

*52%

53%

52%

53

190

50%

50%

50%

50

50%

50%

50%

50

50

1,600

52%

52'A

52%

52

52 3A

52%

52%

523/4

523/4

1,350

11%

11V*

*11%

11%

11%

11%

11%

11V*

1,500

52%

,i

Endicott

4Vc

5%
Erie

&

22%

22 3A

22%

22%

22%

223/g

5,700

26%

26%

26%

26"%

27

26%

27%

20,700

20%

21%

21%

22 %

21%

22%

22%

22 %

13,300

15%

11,100

61

14,500

15%
613/s
171

14%
60%
*170

15

60%
171

15

14%

61%

603A
*170

171

15

15%

60%
*170

•

15%

60"%

60%

171

171

-

20

433/4

43%

43%

43%

44%

44%

453A

46

46%

3,300

22%

22%

22%

23

22 3/4

223/4

223A

23%

23

23 Va

2,400

*90
32

93

32%
102

93

31%
*99

93%
31%
102

94 %

94%

31%
*99

31%
102

*93

31%
102

95

•

31%
102

17%

17%

17%

17%

17%

18

17%

37%

37%

37

373/4

37%

38%

37 %

37%

2%

2%

2%

2%

2%

2%

2%

2%

25%

25%

25%

25%

25%

25"%

25%

26

r

93%
31%

*100

17%

.-5

No par

171

43%

*99

93%

80

31%

5,300

105

50

17%

173/4

37%

37%

8,700

2%

2%

28,700

25%

25%

3,900

12%

12»A

3,300

27

-

27%

6,300

3,600

Mfg

&

12

1234

12

12 Va

12

12%

12%

12%

10

26%

27

26%

27

26%

27

26 3/4

27

*48%

50

*48%

50

*48%

50

*48%

50

52

52

51%

51%

5134

513A

*51 %

52%

51%

51%

400

40%

41

40%

40 3A

40%

40%

40%

41%

41

41%

14,600

19%

5

I

50
3

Co
Co

4

19%

19%

20%

19%

20

19%

193/4

17,700

12 %

12 3/4

12%

123/4

12%

13

12%

12%

12%

123/4

31,200

253/4

25%

253A

25%

26

25%

25%

25%

26

3,200

28%

2,000

8.50

28%
25%

28%

102%

28%
*101

28%
102%

283/4
*101

25%

25%

26%

25%

1

9%

9%

*9%

10

*9%

No par

common

100

25%
*101

19%

50

5

100

series

19

*48%

10

Phonograph

Electric

Johnson Corp common__25

preferred

14%
60%
*170

__1

preferred

RR

223/8

25%

20%

shares

Equitable Gas Co
Equitable Office Bldg
Erie

22%

26%

100

Gas

9 % Jun

July 13
26% July 14

119%

5,600
21,400

22 34

2.50

preferred

22% Feb

29% May 19

*98%
"

-

50

6

102

1193/4

20%

2

common

common

19

24% Mar 12
83/a Nov 27

138

.

25%

Inc common—1

Amer

Jan

24

137%

.

22%

100

Co

26% Feb

footnotes

Co

Electric Storage Battery
Elgin National Watch Co

1234 Jun

5

9%

11%

5

preferred

&

50%
*52

10

preferred

Products

4%%

14

»cr

Corp

common

Elastic Stop Nut Co
Electric Auto-Lite (The)

July

27% Jan

72

119%

9%

11%

100

30

70% Jun

119%

119%

40%

'

10

preferred

Jan

119%

119%

*36

-

510

1

fManufacturing

5%

Jan

119%

135%

9%

15,100

;

.10

-.

preferred

11

22 Va Jan

138

1333/4

•

5

_____

July 15

92

137 Va

*52

50
prl

Jan

13

1363A

1373/a

47

15

Mar

135

135
*119%

*46%

93/4 Dec

89

9%

9%

50

28 34

Jan

40 Va

9%

*36

40%

983A

51

26

*36'A

9 3A

.

9Va

33

12

5

40%

*36

9%

983A

20

14% Jan

40%

32%

20% Sep
% Dec

25

88

10

233/4 Jan

11

88

No par

48

Apr

88%

No par

6%

12

18% July
45% Mar
2 3/4

30% 1

•

•

'

11

32% July 15
Apr

29%

*88

series

4%

3

104

30%

88 %

series

Stainless

20

•29%

88%

$3.50

Eastern

Feb

293/4

89%

$4.50

Eastman

94

30%

89%

Preferred

63% May 24

1

300

29%

89%

Preferred

Duquesne Light Co

8,100

303/a

9%

5

-

—

Corp

July

•103

-

& Co—

Airlines Inc

83

1

;

-

*37

No par

Eastern

30

1,900

1043A

Eastern

46% Apr

12

•103%

Eagle-Plcher Co_

4

12

12

104%

273/e July 23
22"% July 22
15% July 22

24

11%

1

15% Mar 17
473/4 Dec 18

37% Feb

11%

29%

30

preferred—100
International
1

31

20% Jan

11%

*88%

50c

convertible

8% Dec

30

11%

103%

33/4%

22% Jun

25% Mar 25

11%

No par

$4 preferred series A
Dresser Industries common

12

5

11%

68,500

DWG Cigar Corp

16% Jan

2,600

27,900

97

Feb

-600

29%

16%

11% July 13

171

1,800

71

29%

42%

7

4

.*69%
'

88

preferred

4

-

•

104

*

4

70

29%

103'A

28

Mar

»

29 %

103%

$4.15

9 % Jan

•29%

103%

53% July 21
52% Mar 8

463/4 Jan

29%

*102%

18% Jan

,

69

293A

16%

21% Apr
15% Jan

165

703A

293/8

41%

19% Mar 27

22

703/4

29%

86%

233/4 Mar 11

Jan

71%

57

16%

28% Jan

48% Jan

2,200

57

423/4

4

169

*70

57

883A

53 %

16

£6%

'

11

10 VA

15%

13% Dec

18

553A

11%

6,200

6,700

9%

42

7

30

70

18,300

12

31%

86%

1

41% Jun

69

10

i-

11%

-

'

57

29%

-

31%

153/4

preferred

156% Sep
36% Sep

56%

•

:

31 %»

43

$3.75

4

56%

-16%

•

113%-.

1,900
300

-

92 %

17% Sep 18
20% Sep 22

8

553/4

16%

16%
-

180

h

'

153/a

3o

333/4 July 13

Anr

*9%

38

34%

42%

Mar 12

12

10

113A

t

37%
34%

89

144% July
7
122% Mar 30
100% Apr
2
49

10

16%

109%

37%
24 %'•

4,900

153/a

;

97'- Jan

10

XlO

*

i

423A

(E I)

27

30%

'

-109%

s.

8,200

91%

du Pont de

23

303%

-

34

t

15%

Dunhill

14

11%

30%

-

33%

<n

313/4

42%

Duplan Corp

Apr

11%

30%

~

9,600
300

31%

87%

12

89% Jun

16%

11%

30%

*56%

1

'

15 %

11%
„

'*

*34%

-

13,000
*

15%

29

42

16'/2

110

"'373%

■

-

42%

9% Jun

25% Sep

;

V+;;i6%

*109

v

i: i

8%

89%

38% Jan

12

38%
34%

V 33%

"*■

3

20

15%

4

11

11%

50

110

373/4
'34%

313%

20

65

42%

19

115% Jan

109 VA

38%
34%

30 %

33%

1.,

i

20%

7,800

86%

Jan

104% Jan

•'

-33%

-

•

8%

j

5

Co common

Apr

2

•

-30%

33%

-

*2%

'

-400

4,500

No par

Chemical

7

118% Jan

»

*

•63

,

3

*19%

32%

5,900
5

-

Duw

4

4

29%

1

•20 3A

75%

Douglas Aircraft Co Inc new_No par

15

Jun

IIO1/4

*19%

65

"

2%

.8% 7 8 3A

*34%

15%

30%/
10% ~'10%'

No par

183/4 Jan

3

*63
•

•

37%

.303/8

No par

Pepper Co
Dome Mines Ltd

75% Jan

2

"15 VA

: 11%

—1

Dr

33

12% Jan

1

.

Ltd

common

5

109

:

2

50c

_2

Cup

13

108% Dec

34%,.

Co

Corp—;

110%

38 3/8

'34%

Dixie

Co

IO93/4.-

,38%

_25

Divco

Stores

1093/4

—100
No par

common

preferred

cum

Diamond

common

preferred

cum

Diamond

Co

14

10

6

20%

Feb

30

9% Jan

20%

.

43

Jun

'■

65

5

Co

83% Jan

91

•63

8%

13

303/4 July 12

65

3%

11% Jan

91% Jun

•63

•

24% Jan

i

65

/

Corp-Seagrams
Corp

4

♦63

•

21%

32%

* 112%

•111

113%

21%

32%

8%

Diana

173'r Mar

32%'

2%

Distillers

92% July 21

32%

2%

4

A4ytt J»lv >2
104
July 21

32%

8%

July 23

July 12
29% July 15
12 % Feb 10

2

10% Jan

Sep

32%

2%

72

11

32%

8%

58% July 12

4

57
10

40

,'

32%

8%

Jun

*

323/a

74%
113%

20%

2%

Diamond

12

20%

8

Mav 10

33

203%

2%

-

74%

111%

203/.

1

Vilblss

74%

1113/4

-

1

Devoe & Raynolds class A.

15

•

203A

RR Co_100

Jun 14:

'V-16% July 23

28 % Mar 24

Nov 30

W

33

Jun

-

20%

De

21% May 27

35

111

20%

—20

Detroit Hillsdale & S

->/
!j

111

20%

Detroit-Michigan Stove Co„
Detroit Steel Corp—*

1

>110% July 20
38% JUn 28

4

12

10% May 10;
10% Jun 21.

13 Va Feb' ' 4

12

•,

.27

111

•

8

Edison

35

"

14% May 25

29% Nov

I

4

'

21

i

7

101 ?: Jan

22

Detroit

111

100

Derby Oil Co

if 3% July 21 \
;,10Wa*.

10

'

Fob

67

8

30

July 19

new—100

17'A

17%

17%

17%

70

70%

70

70 %

17%
70 34

A

100

Pittsburgh RR Co

50

*703/4

72

*703A

72

*70%

28%

28

28%

102%

*101

102%

26

26

10

•

27%
*101

102%

26%

25%

*9%

10

10

10

.17%

17%

17%

17%

17%

71%

71%

72

72

72

*70%

72

72

*703/4

25 %

72

■■■

4,200

1,800
13,600

1,300

.1

-f

1,200

42%

15%
31%

153/4

32'/a

'A
f

13,300

,

f

'

6,000

42%

14%

30%

66,000

West RR—

common

Escrow ctfs for preferred
(The)
*.

8

.323/4 July 14

'

'

16

22% Jun

& Rio Grande

Escrow ctfs for

'

*

900

94

*93

.V

Denver

55% Dec

j
'.

500

41%

..

*92"
'

343A

42
•

-

14%

■f.v,

.

'

1

27% Dec

5%

"

413/8

10 '

common

38%

91%

18

*94

50c

40

*13%

18

*41%

Co

,

2,500

5%

14%

173/4

41%

1

38%

'

*93%

41%

20,800

573/4

91%

•

5

100

7

186,000
•

27%
138

57%

38%

1

100

C

27

93

*913/4

'5

*13%

18

'

113/«

*135

57%

40

300

58

11%

138

39,300

"

38%

*92%

,

*57

27%

•135

2,000

102%

102%

58%

*101

9%
283/4
8%

12

*

300

8%

58%

•.

4.200

8

102%

11%

,1

5%
563A

8%

*57

12%

150

3,500
;; •'

*28%

29%

8%'

*101

58%

16

13
200

54%

*5%
*53

600

12"%

*170
5%

*28%
7%

*15%

24,600

85%

13

*170

8%
8

16

270

26%
,

200

12%

200

1,000

8,700

104 %

26
85

29%

14

104%

85

7%

27%

104

263/8

*8%

20

B

series

104

34%

48%

»•

48

24%

16

&

104%

*28 %

56%

15%
34

.

83%

53/4

135

23,000

16%

34%
48

243/4

54%

100

163/8

16%«

33%
473/4:

84%

5%

No par

700

24%

*53%

11%

100

283/4

*83%

5%

preferred

Delaware

16%

98%

28%

24%

12%

200

20,300

*963/4

833/4

*15

1,500

33%

.

97%

24%

16

900

1%

28%

833/4

85%

54%

*57

33%

34,300

;

4

28%,

-

34%

*103%

5%

101

33%

•

350

26%

3%

.

*1%

48

473/4

25%

.

33/4

20

5,100

78%
178

:

97%

28%

16%

34%
48

102

•

78%

2

3,200

97%

178

25%
.

33%

99

28%

104

104

24%

*97

25% <

550

121

•100

78%
178

140

66%

118

',*96

97%
102

77% :

177%

24%

13

8

•100

77%
178

1%

21

July 21

;

53

66%

120

*96

100

77%

♦52

66

119

97%

*176%

23% Jun

May

653/4

119

100

78%
178

40% Sep
10% Oct

41

653/4

117

97%

*100

78%

65%

11634

3%

—„1

pfd

series

3.90%

Records

28 V*

*53%

Deep Rock Oil Corp
&

28%

24%

10

Decca
Deere

28%

10

Inc.

ll3/8 July 23
14

29

1%

10

preferred

55'

Jun

28%

3%

_1

Inc

Rubber

200

283/4

25

No par
No par

1

Power Sc Light common
3.75% series A

Dayton

48%

1

Preferred

30% May 26

12% May 14

19% Jan

48%

1%

100

common

convertible

Preferred

48

*96

5

Mar 12

52

3%

16

common

Preferred

52
48

116

97%,

43/4

5"/r

52

47%

65

.1

118

Davega Stores Corp common—2.50

:»

28

12% May
4
9'A Apr 27
35% Jan 11

65

*51 3/4
*47 3/&

2.50

Inc

23

'

51 %

473/4

28%

28%

94

96% Apr
1
963/4 Apr 23
100

3,900

38%

Dayton

27

Apr

2

Jan

23

*92%

42% Jun

37

Jan

92

28

22%

1

Daystrom

92

Apr

22

*84

common

preferred series A—

18% May 26

83

21%

21%

51 %

*47%

<

5

_____—

Corp

33A%

11% Jan

82 % May 28

21%

21%

51
48

100

Dana

14% Mar 15

4

2,300

100

Cushman's Sons Inc 7%

May 25

5% Mar 12

39%

100

common—.

Drug Stores

Cutler-Hammer

A

39%

100

pfd

preferred

4% May 18
13% Jun
8

14% May 4
16% Jan 29

15

33 % Jun

Jan

8% Mar 17

preferred

preferred

Class

40%

24 %

25

Inc

Curtiss-Wright

39% Mny 24

83 % Dec

common

non-cum

Publishing

Prior

58% May 24

131

Amer

preferred
Press

Curtis

May 27
jun

6%

Cunningham

12% July 19
27% May 26
136% July 20

27 % Mar 20

of

convertible

4%%

5
8% July 21

4

common

preferred

RR

Cuneo

30% Apr

19

Corp

Cudahy Packing Co

3
5

Jan

57% Feb

15

Feb

9% Jan

preferred

5%

8

5% Sep

July 12

40

>103%

Mar 17
5

39%

No par

4

89

39%

16%

11

36% Jan

383/4

47%

21% Jan

24

38

*33%

6

15

3,700
2,300

39%
22

5

4

13% Dec

20%
21%

2.50

4

$4.20

19%

21%

No par

29% Jan

Crucible Steel

64%

19%

77%

2

34% Jan

1

64%
21%

*176%

(The)

101% Jan

Apr

16.600

63

9,700

19%

116%

100

of

26% July 23

65

63

25

33% Jan

15

76,300

1

17

20% Sep
68% Sep

2,200

10

21%

1

common.

Zellerbach

97

93/4

l

Cork <fe Seal common

$2

96%

10

19

178

.

preferred

Crown

95%

9%

213/4

*176%

_____

Cream

•

95%

18%

18 3/8

65

5

Corp

___

Crown

48% July 12

62

13 %

10

1

13%

*21%

100

July 16

105

9%

13%

183/g

28%

20

16

103.

12,700

13

*18

213/4

1

___/

Wheat Corp

Shares

8%

96

*95

63%

8%

18%

18%

100

17% July 20
34% July 23

4

61%

8%

*18

13%

123/s

9%'

7%

18%

21%

series of 1947-100

29

Jan

64%

7%

the Week

July 23

18%

51

Refining common.25

Inc

9%

Friday

July 22

21%

*47%

Corp

26'/» Mar 22

15

50

Jan

35% Dec

May 18

11% Dec

99% Mar 30

4

95%

50

Coty International Corp
Co

943/4

*96

Petroleum

Crane

96

100

preferred

Coty

123%

Sales far

Thursday

39

5

series

Electric

11

2

34% Jan

17

July 16
35% Apr 14

4

Products

1%

2

91% Jan

27% Mar 12

16

28

91

4% Feb

4

28% Jan

21

Corn

73/4
*18

12%

9%

PRICES

21%

No par
common

preferred

Cosden

July 23

3% Mar 16

2

Jan

26 %

1 % Jan

3

15% Mar

10

26% Jun

20

34% Apr

1

16

7%
18%

12%

63%

series

pfd 3%%

7%
18

Monday, July 26, 1954

21%

5

common

Corn Exchange Bank & Tr Co
Corning Glass Works common

9

% Apr

15% Dec 29

161
"

6%

Dubilier

7%

.

18%

Corp

Convertible pref 5%

Cornell

4

67% July 12
121

Delaware.

SALE

July 21

95%

Corp

HIGH

Wednesday

July 29

18%

9%

Copper Range Co
Copperweld Steel Co

2

Apr

93

98

22

24

70

Apr
1
'/a Sep 14
93 V* Sep 15
67 '/a Feb
6

of

AND

Tuesday

12%

Motors

25 % Apr

Jan

21% Jan

26% Mar 25

58

Oil

48% May 25

30

Sep

Continental

15% Jan

28

30

18 J/4

Continental

May 19

7%
*18

Continental Insurance

July 21

20

6

43% Dec

14

10

20 % Jan

Mar 18

Monday
July 19

Par

/

Continental Cop & Steel Ind com.-2
5%
convertible preferred
25
Continental Diamond Fibre.

73

22% Jan

19% Sep
46 % Jan

22

STOCK

97% July 15

Jan

19% Sep
19% Sep

YORK

LOW

EXCHANGE

22

10% Jan

7

82% Jan

NEW

Highest

.

COBtlDBttf—Pagt 4

STOCKS

Year 1953

.

.
.

-

1

i

v.

Number 5345

Volume 180

.

.

The Commercial and Financial Chronicle

.

j

(361)

NEW YORK STOCK RECORD
Range for Previous
Range Since Jan. 1

Year1953

Lowest

Highest

Sep

14

14% Mar

11% Jan

4

12

Nov

10

16y8 May

12 y« Feb

16

39% Sep

14

59% Mar

49 7. Jan

4

Jan

1% Apr

July 13

3

2

NEW

Highest

Lowest

2

Continued—Pag* 5

STOCKS

20

17

YORK

LOW AND

STOCK

Monday

EXCHANGE

July 23

Evans

Products

Co

Tuesday

July 19

Par

*

HIGn

July 20

SALE

•

Sales for

PRICES

Ji ly 21

the Week

Friday

Thursday

Wednesday

Shares

July 23

July 22

5

16 %

16%

15%

16%

167.

1674

16 %

16%

"167s

17

4,800

Inc

1

12%

12%

12 3/8

127b

12 7a

127a

12%

12%

127a

12 7a

7,700

Corp.

3

71%

72

703/4

717a

70%

71%

69

70 %

69

617.

3,900

.2.50

1%

14 y8 May 12

Ev.ersharp

74y2Jun

4

Ex-Cello

2% Jan

18

26

17

.

Exchange Buffet Corp

1%

*l3/4

*l3/4

2

*1%

2

*13/4

2

100

2

•

27% Jun

Sep

14

21 % Jan

4

6% Sep

15

10% Mar 25

9% Jan

11

16% Dec

29

22% May 11

13 "/4 May

14% Oct

13

16% Mar 24

15

Apr

19

15% Jun

17

19

Jan

8

17% Jan

5

48% Jun

24

57

Jan

14

52% Jan

11

62

21% Sep
10% Sep

21

34% Apr

14

20% Jun

29

26

Jan

27

9

13% Feb

24

16% Apr

8

21

28% Mar 25

18

15

Mar

1

Fairbanks

13% July 19

Fairchild

18% Jan

27

Fajardo

16% Jan

4

1

Falstaff

207s Juiy 23

Family

July 23

5%

Fansteel

Oct

9

66% Mar

9

58

Feb

18

64 V2 Apr

Sep

14

53% May

4

48% Feb

24

56% Apr

8

31

7% Apr

1

3y4 Apr

8

5y8 Jun

10

Federal

Oct

1

35% Sep

14

48

1

105

29

13

94

July

8% Dec

i

29

38% Jan

4

2

99 y2 Jan

4

104 ya Mar 26

Jan

15

8% Jan

4

10% Apr

30

Felt

26% Apr

13

Ferro

19

5

Jan

Mar

Oct

7

29% Jan

2

20% Jan

4

67% Sep
13% Jun

14

86% Jan

5

76

53% Sep
101% Jun

15

19

41

15

99 y2

14% Jan

12

23% Jun

6

63

Jan

12

Oct

26

105

Dec

21

107

1

8

May

7% Dec

Feb

18% July 30

757. Jan

8

<

.

54

Apr

17

30

,

7 y2 Mar

July 23

% .Tu\v

Fire*

Mar 25

25% Jan

Feb

11

98 y4 Jan

24% Feb

27

16% Jan

29 y2 Dec

7

28 y8 Jan

38% Jan

21% Apr 23
36% July 20
49% July 23

25 %

Sep

18

32

Sep

10

100

16% Aug 24
21 y8 Jun 10

34% Jun
103

24

39% Oct

21

11% Dec

31

17% Jan

6

11% Jan

23

11

31% Dec

3

30 y4 Jan

July 13

36
92

Sep

37% July 16
100% Mar 19

Jan

5

93% Jan

7

43% Jan

2

37% Jan

12

48

99

16*

81

Jun

9

Jan

27

88% Jan

6

106

July
July

89

Jun

26

96% Jan

12

94 y2 Jan

4

100

15

23 y4 Jan

20

19

Jan

11

6% Jan

4

6

103

6% Dec

29

13% Apr

30

13% Apr

13

1

4

Dec

22

79

6

69% Jan

4

81% May 13

Jan

*58 7a

225/b

22 7a

14%

14

*59

61

*58%

61

*59

61%

61

♦587a

61

51

51

50%

50%

*50 7a

517a

51%

517a

*507B

517a

4%

47b

4%

4 7a

4%

4%

474

4 7b

26%

253/4

267.

287a

287a

4%

5

26

44%
103

44%

44%
104

104

447b

233/4

13,000

14 %

14

1474

12,700

*59

26

10,900
300

10

1,400

257B

247a

257a

9,000

93/4

97B

9%

97a

24%

24%

98

99

97%

98 7.

*9734

98%

98

987a

99

22%

22%

22%

22%

227a

23 74

23%

237B

233/b

233/4

78%

79

797a

8074

80

80 3/4

L0%

817a

817.

817a

10674

*106

1063/4

10

2

100
"

*106

No par

I

106%'".

55%

„5

,

106 3/4

"55%

56

9

8%

557a

56

8 3/4

18%

18%

♦177a

18%

—7%

36%

36%

36%

363/4

33%

*997.

48%

48%

par

33 7a

101

487a

500

83/4

600

343/8

5,700

33J/2

33 7.

101

*993/4

101

101

*99%

18

18

18%

18 7B

18 7a

187a

36 7s

363/a

36 %

367a

♦363/a

367a

3,500

487a

493/4

9.800

*993/4

101

487a

48%

483/4

48 74

487b

17%

173/4

19

18%

19%

18%

213/4

217a

23

45%

46

45

45

45

45

45

4574

45

45%

37

37%

36 72

36s/«

367a
98 7a

36%

367a

36 7a

367a

*36 74

98%

*9772

98%

*97 7a

46 Ya

46%

453/4

4672

453/4

102 %

102 7a

preferred

preferred

100

102 %

100

*96%

97%

963/4

963/4

10

29%

30%

30

31

No par

*7%

1

10%

Corp
Co

Corp
Sulphur Co

I

103

63

8

♦73/4

10%

107a

63

62%

~_i

12%

13

*1278

1

28%

28%

78

79

10

Corp
common

preferred

800

88,400

17%

1

issued"
of

20

,

55%

10
common

100

46

100%

.101

10074

1007a

96%

96 3,4

963/4

963/4

370

963/4
3172

963/4
305/a

8

30%

313/8

303/4

313/B

39,200

62 74

500

874

*7 7a

8%

11

%

8 7b

11 7B

11

11

3,300

623/4

61 %

62

1,300

61%

623/4

900

13;

13

13

28 74

287a

28%

78

77

807a

60

bJ

-

13

233/4

10,500

BU

283/4

78

28 7a

13

28%

*123/4

230

11%

8

8

V

13

1,500
7,400

4674

46

45%

102 %

*101

10%
623/4

3,400

98

*97

987a

*97%

46

2874
•

90q

27,800
■l, 8,900

83/4

83/4

*8%
33 %

33%

.

55%

56

♦55%

106

106

1063/4

*106

83/4

33 74

33%

'

557a

*8%

83/4

1

ser

9

99%

1

12.50

com

33%

Co

467a

10

23 Va

*97%

Fruehauf Trailer

11,000

104

1037.

10374

103 %

500

3,000

47a
29

457a

46

45 %

45%
104

♦103 74

10

4%

23 74

14 3/a

2674

15

Froeutert

237a

14%

26

45%

*103%

22%

233/a

14 7b

143/b

*99%

convertible

100

60 72

22%

97b

Franklin Stores

13
July 6
2<$% ju.y 15

61

*58%

23%

14

'51

Freeport

7

60

J

23

common.No par

pld

Francisco Sugar

11

62

62

Machinery & Chem Corp

9
May 19
11% July
8

Jan

68

cum

div

65

ZjVeJan

9

14% Jan

*59%

62

■

23%

,

Inc

"when

4

27 V* Mar 24

15,400

97b

Light Co__..No

3%%

15

May 15

1,000

207a

227a

;

3%%

Jmy 13

157a

193/4

9%

Corp

Foster-Wheeler

21% Sep

10

&

Stores

31% July 21

Mar 22

10

51% Mar 17

157a

20

23%

Corp

45V2Jan

15

9% Dec
39% Sep

15 7a

19%

*9%

Y_~

Ins N

Co

Steel

Fair

Food

1

15%

193/4

No par

$4.20

6

15%

19%

23%

_

(The)

Common

Mar 16

14% Sep

33% Oct

*15 7b

197a

5

_

4,600

157a

193/b

*15

'

Power

Follansbee
cFood

14%

♦58%

5

common

Co

_

Power

Fiorina

July 23

147b

_2

_

~~

Carpet Co

preferred
Florence Stove

47% May 18

9

66,500

16

50

$4

22% Feb

31% Jun

preferred

(The)

Florida

5,400

137a

147b

I_I_1

Flintkote Co

May 14

267.

133/B

147a

19%

100

Mfg

NaHnnal

Firth

26

137b

50

Corp

4%%

8

26%

13 %

14%

15%

A

ser

Firestone Tire & Rubber

97b July 14

8

pfd

Fidelity Phoenix Fire
Filtrol Corp

21

25%

133/4

147b

1

pfd 1953 series
Corp__

Tarrant

26%

137a

5

preferred

&

267»

137b

147b

19

50

Fawick

%%

267b

133/b

14%

15%

common

Corp
Federated Dept Stores
4

26

13%

1

Corp

Corp

cum

conv

26%

13%

1

Federal-Mogul

81% Jmy 23
107% Mar 19

7

49% Feb

13% Mar 17

93

conv

J^ly 23
46% July 23

Jan

23

27% May 21

•

5%

26

*14%

20

Metallurgical

5%%

3% Dec

'

No par

series B___

Fedders-Qulgan

5

Co

Brewing Corp
Corp common

preferred

48

22

&

Co

Finance

40
:

Morse

Engine & Airplane Corp_i
Sugar

80 %

620

V2

Q
6% Jan

May

5

Jan

4

lij

6% Jan

4

38% May 19

34 % Jan

6

Jan

13

4

4% Sep

15

3

5

15% Sep

15

20% Jan

28

19

6% Sep

15

8-% Apr

33% Dec

30

?y8 Mar

23

22

Gabriel

Co

(The;

25% July 16
7% July
8
39% Apr
1

Gair

34 % Apr

1

Gamewell Co

Co

Inc

(Robert)

Gatnble-Skogmo
5%

Inc

10

27% Jan

2

21% Sep .21
22% Sep 15

28% Jan

27

22y4Jan

33% Jan

20

24y2 Jan

7

3% Apr

12

5% July 23

7

31% July 23
32% July 13

Gayiord

27 % Jun

General American

20% Jun

3% Sep

7% Mar 12
37% Mar 12

,21% Aug 31
20
Dec 22
.

25 % Jan

22

27% Jan

14

25

29% Mar 24

14

25% Sep

31% July 16
34% July 19

20% Jan

4

5

May

Garrett
Gar

Corp

Wood

4%%

2

24

104% Feb

6

103

Jan

18

107

31
,10

Sep

15

40% Dec

18

38

Jan

13

55

Jun

23

19

9% Jun

29

11

Jan

6

General

142

July

1

148% Feb

4

i 17%

Jan

5

i>

Nov

9% Sep
70

May

155

May 26

138

Mar 24

18% Jan

22% Mar 17

Mar 25

$4.50

$8

July 20

Mar 25

10% Jan

4

Jan

71

Feb

2

76

Apr

29

4%

1st

9

41

July 23
July 15

4%

conv

8

35% Mar 25

30% Mar

Jun

10

19% Jan

2

17% May

Dec

28

129% Apr

2

122

Jan

15

7

11

Jan

8

46% Mar 24

36

Jan

4

54% July 20

48% Mar 24

39

Jan

4

57% July 20

16%

i

117

25

General

128% July 13

7%

10% Nov
31

11% Dec

9

July 28

35% Jun

16

37% May 17

;

8% Sep
Jun

18;

9% Jan

16

56% Feb

Jan

23

<88%
*

26

61% Dec

15

50% Jun

r

U % Feb

2

•,

14

:;9% Dec 31,x

61

Mar 19
f Jan

8

6%

21

60%
119

Jan

5

un

9

17

113% Jun

22

124% Jan

2

106

11

119

Jan

14
4

58% Jan
1187/b Jan

Jtin

<

15

69% Feb

112% Jun

2

123% Jan

5

Sep

15

99 y» Jan

14

53% Sep
91

21% Sep

4

135

8

125% Mar 30

$5

100% Mar 30

Preferred

29% July 22

31% Jun

General

104% Apr 26

Sep

18

37% Jan

16

May 11

100

Oct

21

2

14

100

Dec

16

12% Jan

25 y4 Feb

3

20% Apr

28

40% Nov

12

51

86% Dec

30

96% Mar 16

14% Jun

4

15

Apr

23

Jan

6

41

51% July 13
101

2

Sep

18

2dv2 Jan

Apr

20

37% May 21

33% May 11
31% Feb

22

22

24% July 22

12

87% Jan

30

100% Apr

12

Sep

8

Jan

28

15

34% Mar 11

29% Jan

4

38% July 22

74% Dec

16

85

May 11

75% Jan

4

88

69

100

32 y4 Jan

1

72% Feb
10% Jan

2
23

4

14

Jan

11

Dec

16

105% Jan

79

16

15

49% Dec

28

96% Jun

Dec

18% Jan

4

76

July 29

9% Oct

99

106

46

Mar 18

9

68% July 22
135

12% Sep

15

4

18% Jnly 22

79% Apr

13

82% Oct

2

80

Jan

8

85% July 23

10% Sep

23

21 y8 Jan

9

10% Jan

4

14% July 12

27% Oct

14

$5

38% Mar 20

13% Jan

28% Jan

38% July 23

4

6% Dec

15

87b Jan

20

6% Feb

30

139% Dec

31

137% Apr

7% Jun

26

130% Jun

26

11

Sep

19

14

Mar

60% Sep

21

80% Jan

43% Sep

15

59

102% Jun

2

5

7

9% May
Jan

101

4

12

105% Jan

27

19% July 21

3

52% Jan

5

77

2

Jan

150

July

9

5774

44'%

43%

44

43%

44%

■

65

4% Dec

108% Feb
9% Jan

29

4

4% Apr

20

29% July

24% Sep

33% Mar

1

4

27% Jan

73% July 22

9%

65%

121 %

121%

129%

129%

79 %

80
80%
*123% 124%
*99%
99%
28%
28%

124%
*99%

121%
♦130

457a

112,700

11%

117a

11 7b

3,300

797a

10,500

97s

,,

<7

122

:i; 13174

135

797s

797a

124%
9974

<

797b

8072

9972

9972

300

29%

2,200
5,100

28%

29

29

29

2974

29 74

64

64%

64%

64%

65

65 74

65

6574

44%

42%

433/s

423/4

43 %

437b

447a

44 y2

447b

87

87

85

86

86

86

par

30%
*103%

31
104%

13%

__10

24%,

50

1

98
34%
28%

par

20
par
»

*100

33

30%

102.

31

30%

104%

13%

24%

13%

49%

50

97%

97%

,

24

-

493/4
♦97

34%

34%

34%

28%

29%

29%

*100

35%

35%
88

♦86%

102

♦3072

307b

104%

*103 74

♦100

49 74

977a

977a

100

343%

35

3574

27,400

30

30

30

30 7.

30%

f,900

102

;

.

'

•100

■

36%

87

38 74

8872

♦87 7a

89

767a

*7572

76%

*75%

76%

*757b

11%

11%

11%

117a

117a

64%
132

129%

64%

66%

12

12

12%

687a

68

68 72

67

1

387b

1,000

177b

187.

173/4

18

49,100

85

1,800
16,900

135

*134

135

16%

17

*83%
13%
35%

85

85

85

*83%

85'%

♦847a

857.

13%
35%

13%

13%

*13%

137a

137e

1372

137a

85%
13%

377b

377b

38%

__2.50
No par

7

1

100

Inc

147 %

10

Telegraph Co

17%

•

36%
7

7%

147 %
18%

36%

7%

•147%

149

17%

19

36%
7%
♦147%
19

377t

373/8

7

7 7a

7

77b

.

97%

98%

98

99%

97%

10

69%

70

69%

71

71%

No par

*107%
5%

109

107%

107%

*5%

5%

73/B
149

109

Feb

6% Jun

21

32

1

9

16

July 22

39% July 19

4

!

1

l%Jan

2% Mar 25

;Dec 22

1% Feb

4

*

6% Jun

9% Feb 25

19

7

Jan

30

31% Apr

28

14% Sep

15.4

20 % Jan

5

14% Jun

29

85% Oct

15

98% Jan

28

86% Jan

5

29% July 16

34 y8 Dec

31

33

26% Jan

34% Dec

18
.

rDec

4

94% Jan

7

,7% Mar

6

May 27

37% Mar

8

16% Jan

22

40% July
17

92% May 14

19

97% Feb

86% May 22
7

Apr

18

10% July 19

12

2

IPO

Mar

2
4

Jan

;4

17

Jan

;4

9

54

Jan

11

Jun

9

33% July 23

4'

20% Feb

56

30

Nov

27

-17% Oct

19 % Mar 27

1

128%; July 17-,

141

64% Apr 15

78

Mar

Dec

2
31

,

17% Jan

131% Jan
73

Apr

71 %

78.

9

40% Jan 1 2

28 *: Jun

23% Mar25

20% Jan

8

26
4

Mar 22

•»*»% Feb

18

19% Sep

2

July 16

145% Mar

4

29% Dec 22

(W

R)

Batteries

&

1

Inc

Motors

Graham-Paige
Union

Grand

Granite

5%%

177a

19

183/b

193/a

56,200

987a

98

9974

98 74

983/4

7,000

73%

737b

16,800

5

Grant

common—12.50
100
Co common
5

T)

$2.25

conv

Northern

Great

Northern
Western

preferred
Green Bay & Western RRI
Green

(H

L)

Co Inc

:

100
100
1

'

18

24% July 22

Greenfield

Tap & Die Corp__No par

387a

1%

1%

9%

10%

10

10 74

97a

39%

39%

397a

393/,

21%
„

39%
14%
90%
36%

*39%

98

*97%

8%. ..8%

19%

1%

38%

10%

69%
30%

95 f

Co—

39

39%
1%

No Par

Paper

387»

31%
39 7a

Sugar com—No par

Ry Co

32

38%

*31.

No par

preferred

31,3/4

31 %

*97%
_

Iron Ore Prop__No par

Great

•Great

1 '

Stores com

317.

32

31

32

14%

143/4

90%

90%

36

•31

■

;

-

18,000

2,400
33,400

147a

147s

16%

157a

1674

9072

91

9174

917b

1,200

37%

2,500

36%

36%

37

367a

367a

97%

98

*977.

973/,

9774

97%

150

98

9%

97b

9%

7,000

32

327a

32%

10

21%

217a

213/4

6,600

663/4

663/4

2,000

8%
32

83/a
*31

21%

87a

'

•

87a

*3178

32

2172

217a

21%

68%

69%

68

687a

6774

68 74

31%
19%

30%

31 %

31

317a

317a

32 74

19%

19%

19%

197a

1972

♦75

7,100

97b

407a

13/B

91

21%

138 % 138%
*75
80
;
28%
29%
23%
23%

17a

93/4

10

4074

22%
70%

139

400

12,400

407b

17a

1%

700

5,?00

37

,..

g

14 3/4

*90

1%

5%

5%

'

'

1%

107%. 1077a
*

53/4

*5%

39%

'36%

100

preferred

737b
107 7b

•J'

30%

39%
14%
90%

10

(The)

preferred

(W

3%%

Co

723/4
1077b

y4

574

38%

38%

Steel

cum

73
107

1%

No par

City

*53/8

10

♦1477a

19%

9%

No par

Granby Consol M S & P

5%

107

8,100

149

30%

30%

new_4

Co

Gt Northern

29

(Nov

Gould-National
Grace

No par

24% Jun

-

39% Mar 17
19% Nov 27

t-

Hosiery

Gravson-Robinson

14% Jan
52

preferred

9% July 22
32% July 23

28%; Dec 30
5

$5

Gotham

300

♦14772

149

'

—_10

F)

Common

13,200

138

xl'Va

136

5

< V2

20

3,600

A.%

132

No par

A

16,500

76%

*75%

05

102

*100

102

387a

37%

87

373/4
•8672

36%
89

130%

2,000

97

35%

11%

64%

4,390
11,700

50

343/8

76%

|64
*127

14%
247b

97

11%
1

497b

497b

.„

14 7»

497a

>

98

*75%

__100

247a

"•2474

2,000

1047a

247a

14

14

14%
124%

10,200

31

303/b

♦103 74

104%

700

33,000

33 7.

33

33 7.

33

33%

5,500

37b

,37a

4

37b

90

*88

89

♦88

31

103%

13%

,24%

28%

35%

100

3%
323/4

33%

*103%

13%
24%
50%
98
34%

88

2.50

4

3%

4

600

124 78

99%

65%

33%

190

300

53,800

•29%

43%
3%

i

5,900

124 7a

65

4

t

993/4

124

124

12178
135

135

'

807b

7,300

97b
677a

:-'67 %

100

96 7.,

9 rib,i

i

122

>

,

*95 U

♦.

9 7."

67

•132

79%

77

807b
96 74/

C.;.6672

121%

♦99%

99%

700

44 7a

78 7a

135

124%

80%
125

55 74

457a

11

u

66'/2

135

32%

100

8%

52,800

53 7a

525/a

,557.

44

57

<*95%

65%

121%

_10c

common

(B

210

1,300

13

Goodyear Tire & Rubber—
Mar 19

20

763/B

*76

54 7a

53

♦5574

97

9

64%

5

com

<The>

Co

13

65

8%

9

121%

5

Goebel Brewing Co__

Goodrich

54%

57%

*129

preierence__No par

Goodall-Sanford

53%

8"%

1

__J

Gleaner Harvester Corp
Co

543/4
57%

13

11%

Corp common.No

Gold & Stock

13

12%

53
57 %

100

preferred

»

12%

♦1278

13

54%

77 %

preferred

$4.50

1287a

*127a

11%

—___

Gimbel Brothers

*127 7.

12772

75%

pjelerreu.No par
Service
10c

convertible

128

129

♦95%

3%% preferred
Georgia-Pacific Plywood Co
Gillette (The) Co common

July 22

16% Mar 25

3,400

11%

___.

12% July

237b

97%

preferred

4%%

223/4

75%

Shoe

4%%

237a

11%

Eqp Corp

General Tire & Rubber

July 19

2,100

2374

74

Steel

Time

41

♦95%

Corp
Castings $6 pfd
No
General Telephone Corp new_
Gen

407a

11%

General Realty & Utilities
General Refractories
General

407a

73%
95 %

Railway Signal com_No

General

7

22% Sep

99

Precision

preferred

15

757s

40 72

43%

$2.90 convertiDle

5%

31,000

15

143/4

143/4

56%

12%

No par

25% Mar) 26
Jan 18

25
93

3,900

263/4

757s

53%

No par

Public

40

,139

™

263/4

15

11%

General Public Utilities Corp

28 Ya Jan

♦128

128%

2,400

40

73%
95%

common

series

33% July 19

5
28

25% Sep

Corp

$3.75

18

4% Jan

128

128

m

8,900

10

757a
•

56%

joo

4

29% Dec

Sep

23 %

preferred___100

4

10

19

23

,

94

10

'

23

*127%

.

547a

237a

23 %

22%

No par

No par <

4

3% Dec

263/4

1

57% Jan

23% Jun

97s
139 7a

257s

143/4

General Outdoor Advertising No
par
General Portland Cement Co
1

General

93/4

♦138 74

97a

10

106

*105

257s

25%

No par

21

19

*138

263/8

'

139%

9%

9%

139%

25%

39%

No par

67% July 14
47% July
1

Apr

;

52

*75%

com

8

-

*138

40

__

4

fi

1

27%

15

Corp

Jan

.T'l'v

9%

9*%

138

75

5

48% Jan

59% Dec

93/4

39%

preferred

General

537a

14%

10

5

25

537a

75

common

Motors

4

10574

5274

39%

new

Corp

convertible

4

10574

14%

preferred

11

2,100

75%

conv)__No par

Mills

5%

263/4

14%

Instrument Corp

Jan

95

3% Jan

10% Jan

Foods

3%%

9%
26%

Corp common__3

cum

preferred

General

267a

39%

preferred
($2

General

3

267a

"

i0o

General

July 23

6,300

263/8

47a

Corp—

May 27

80% July 15

327a

*75'%

_____

1

124% Mar
'

32 7b

50

com

8

4

327a

100

54% Mar 30
27% Mar 23

15

65% Dec

Jan

123% Feb 26

„

900

32

-No par

preferred

22% Jan

25% Feb

15

42% Aug 31
21 y. Sep

i.

'68

3174

32%
26%

Mar

,

574

29 7a

32%

472

106 7.

138

19,100

47a

29

32

50%

5

5,600

29

26%

5

3378

4%

*105 %

___No par

337a

33 3/a

28%

50%

common—

1,500

43/8

26%

Corp

30 3/4

28%

106 %

com

30 74

4%

49%

Feb.

$3,50

31%

800

32

28%

26%

Finance

Genera!

32%

600

313/a

3074

327s

.

2,800

39 7.

3272

30%

33

323/4

33%

4%
*28

*105%

Genera] Electric Co

<

32%

4%
29

51%

Contract

General

34%

26"%

General Dynamics

25

30%

106%

2nd

Preferred

32

30%

50 %

Corp com
preferred

series

32

30%

26%

preferred

6%

11% July 19
80% July 22

4

Jan

94

Jun

52

48% Jun

5

Jun

July 20

32%

30%

11,200

7%

*39'

39

39

*32

32

30%

*105%

Cigar Co Inc

General
13

31%

38%

32%

4%
*28

*38%

39

2,900

6

13/a

7 7a

73/a

257b

25

2574

25

73/8

*5 7b

57b

57a

5%
25%

7%

100

General Cable

14

78

33%

50

*38

5%
25

1

Bronze

6
16

307.

1.66%

Investors

39

*32

__1

com

Corp

Baking Co

15

29 y2 Sep

*38

2

Inc

preferred

General

15

7%

Transportation__2.50

Amer

27% July 12

25%

7%

5

preferred

4

5%

24%

7yB

No par
_.

preferred

Container

General

14% Mar 18

5%

25%

71/4

50

(The)

Industries

convertible

98 y* Jun
5

57/8

24%

5

convertible

preferred
(The)___
Gardner-Denver C0

30

53/4

l

common_

comihon

139
80

139%

.*75

33 V,

43,100

19 3/8

197:

19%

2,100

1407a

1407a

1407:

32%
-

140

140
80

29 %

29%

29%

29%

23%

23%

23%

2472 1

,

*75

29 %

29 7a

r' 24%

■

243/4

:

29
24%

220

80

*7674

80

.

297a

7,100

24%

2,700

J.
fontno'




1

-——j

The Commercial and Financial Chronicle
18

.

.

.

(362)

CM,in"4-Pae«6

NEW YORK STOCK RECORD
Lowest

Highest

Lowest

Highest

4

11% May 21

14% Mar

87% July 31

95% Jan

7

90 % Jan

96 % Jun

19% July 28

28 Vb Jan

29

'22% Jan

11

31

8'/. Jan

9

4% Jan

4

26% Dec

29

38 Vu Jan

5

26% Mar 29

66% Sep

21

77

Jan

5

68% Jan

4

81% July 21

$5

50% Mar 27

45% Jan

4

60 % May

20

Gulf

>26% Jan

4>/4 Dec

41

y4 Sep

14
22

20

Jun

9o

Juiy

92

Jun

97

July

7

,

4

22

30% Jun

2

July

29

34

100% May 26

104

105% Jan

8

103 % May

1 5

108% Feb

105

8

105

Jan

15

24

2

5

35

Jan

27

29 % Feb

2

18

Jan

-

July HI

96%

29%"

Friday

July 22

the Week

Shares

July 23

*95

12%

12%

12%

12%

12%

12%

96%

12%

*95%

96%

♦95%

96%

96

96

29%

28%

29%

28%

29%

61,200

4%

4y8

4%

4%

1,900

32%

33%

29

29%

30%

4%

30%

Sales for

Thursday
:

4%

4%

4%

12%

36,900
10

"

5

Oil

Corp
Gulf States Utilities
Common

2

Co—

5

80 %

53%

32%

1100
*..100
—100

*103%

$4.20 dividend preferred-

10.J

$4.40 dividend preferred

preferred

$4.44 dividend

i

33%

81%

81%

53%

51%

52%

33

331/2

9,500

*81%

82%

*31%

82%

500

52%

53%

53%

53%

47,000

V

-

—No par

—*

32%

81%

51%

80%

53%

33%

81%

32%

32%

32%

No par
.-25

preferred

21

Jun

*95%

Sugar
1
Gulf Mobile & Ohio RR com-No par

106% Mar 26

28% Dec

' 12%

1

'

July 20

12%

Guantanaino

5% Feb. 2
33% July 13

103% Jair 16

1

Aircraft Corp.

Grumman

Wednesday

July 19

Greyhound Corp (The) common—_3
4%% preferred
—100

14 V# Dec

PRICES

SALE

Tuesday

Monday

,

Par

EXCHANGE

2

12'A Jan

STOCK

YORK

NEW

Range Since Jan. 1

HIGH

LOW AND

STOCKS

Range for Previous
Year 1959

Monday, July 26, 1954

32%

33%

33 %

105

I

*107

107%

.J

106%

*105

*103%

107

*105

106%

33

33%

33
*103%

105

107

33%

33%

34

3,900

105
107

*105

*103%

105

*103%

105

107

107%

*106%

107

106%

107

*105'

106%

*105

106%

"80

H
32% Sep
23% Sep

>

15
15

36% Mar
30% Dec

30

13

17% Jan

41% Jun
*v-

48 Va Jun

Hackensack

1
28

20 Va Apr

31

14

Jan

23

12% Mar

2

Jan

30

63% Jan

5

70

2

Jan

12% Sep
100

,

16% Jan

131

22% Dec

2

2

26% Aug

24

Feb

13

14

11% Jan

2

145

29

4% Sep
31 % Dec

Feb

12% Jan

10

31

8

15
July 9

5

105% Feb

■

15

Jun

22% Sep

24% Jan

15

22% Apr

23
19

5

Sep
Dec

Jan

6

11% Feb

17

32

8

14% Mar 20

4% July 12

8% Mar 12
Mar
9

23
7

> 18% Jan

4

29% Jan ' 2

21% Jun

25

12

17

21% Dec

5% Jan

7% May 20
Jan

4

Jan

131i

'

36

4

•

102% May 11
,

21

3

9

133/4 Jun

28

4

35

15

87

NOV

5

34% Jan

22

Apr

20

97

Jan

21

94% Jan

22

98

21 % Dec

29

26 % Feb

5

21% Jan

26

22% Feb

34% Dec

14

38% Mar 13

Feb

5

13% Dec

2

20% Apr

10

60'/4 Sep 15
Jun.17

74% Jan

6

126 % Jan

9

91

»

113

,

37% Sep
48% Jun

62

Feb

16
31

22

4% Dec

7% Jan

30

14

4

43% Jun

90

Jun

12

Sep

5

57

83

Feb

4

Mar 25

17

95% Jan

12

103
131

32

Dec 29

36 % Jan

30

Jan

7

July 20

57% Feb

24

48% Jan

18

93% Feb

3

84% Jan

6

80% Jun

9

33

94% Jan

4

Feb

17

24

28% Jan

11

91

July 17

99% Jan

5

96

Jun

19

103% Jan

13

101

4%

43/4

5 Va

43/4

4%

4%

4%

'

'

3,100

1,700
10

36

13'/4

'

5

1,100

5%

9,400

5,900

193/4

20

20

20 Va

20 Va

20%

20

20%

15

22%

22%

22%

22%

22%

22%

22%

22%

22%

22%

*84%

87%

; *84%

87%

*84%

87%

*84%

87%

*84%

87%

34%

'34%

34%

34%

343/4

96%

*94%

193/4

r

20

34

34%

34

■

34%

34%,

*94%

*94%

96%

22

22

'

96%

22

36%

♦94%

22

*36

■

♦94%

96%

*36

22 3/a

223/s

22%

36 3/4

*36%

3634

163'4

*16%

17

873/4

88

124

♦123

124

" 123

123

]

22%

36 3/4

873/4

♦123

1,900

2,200

96%

22

36%

22

363/4

16 3/4

10

,'16%

16%

700

88

88%

3,300

'

30

123

123

123

123

:i

1,300

313/a

30%

15%

*70

*85

1,300

53%

200

32%

34%

10,400

157/s

6,000

15%

15 Va

15%

70%

70%

71

*70V2

87

86%

86%

100

26%

273/fe

8,800

86%

86%

86%

26%

27

26

26%

26 Va

27

9%

9%

9%

5

13%

14%

13%

13%

5

5%

5%

,1

Sons

40%

15%

86

17

26%

27

12.50

*5%

17

30

—10

*9%

15»/2

27%

27

26%

71

40

9%

9%

9%

800

14%

15%

26,000

*5%

6

*5%

6

-

,

14%

9%
14

14%

*5%

17

*26%

*86

9%

14

6

*16%

'

16%

26%

16%

16%

26%

27

100

16%

600

*26%

17

263/8

*16%

6

27

800

40%

41%

40%

41%

40%

40%

40%

42%

41%

42

8,900

No par

64

64%

64%

65%

65%

66%

65%

66%

663/4

67

79

80

79

80

80

80 %

80

82

83

83

3,000
3,100

*100

101

*100

101

*100

101

126

126

131

131

$4 25

Oil

Corp

preferred

■_—_No par

101

101

pfd ser B_„No par

$4.20 div 2nd

129

129

;

Houdaille-Hershey

70% July 14.

Household Finance common—No par

64%

66

100
100
100

92%

92%

$2.25

12

3%%

102% Jun

23

A7'

common

preferred
preferred

May 21

4.40%

38% July 21

Houston

3

;

preferred

conv

Apr

105

32%

40%
*52%

70%

71

86

26
35% May 25
96

523/4

31%

*

40%

523/4

31%

31%

40%

Electrochemical Co com—_5

Honolulu

10% Apr

V

15%

15%

71

40%
523/4

40%
*52

'

——5

preferred

conv

40%

523/4
313/8

15%

(conv)—No par

Co

&

40%
X523/4

*70

100

(Charles E)
(A)

40 3/4

53%

31»/8

common—1

Hotels Corp

Furnace

40%
*523/4

—5

dorp

preferred series A-

Hooker

July 23

4

42

4%

*36

Homestake Mining

Mar 31

22

13% Jan

.

v

*-

6

13

87

5%

July 23

108 % Jan

116% Mar 19

7

13

•'

29%'

6

*35

13

2,600
■

29%

6

36

12%

12%

12%

100

333/4
142

"

—25

Holly Sugar Corp common

78% May 26

4

102

16

15

123/4

5

Va

*6

16%

Hollander

7

56% Jan
Jan

13

220

3,000

105

33%
*138

293/4

•29

36

*35

600

15%

*35

6Va

6%

6%
36

1,600

19%

105

33%
142

*138

28%

28%

28%

6

*35

3,300

70

19%

105

33 Va

142

87%

Holland

33% Jan

2

x28%

6%

15%
70

f

-f

.

*33

16%

Hires Co

31

64% Jan

18%

19%

86

18

41% Mar 10

22

2934

33

70

19 Va
*104

104%

104%

*138

?

33

142

.

153/4

*69

19 %>

16%

Hilton

27

Dec

104%

323/4
*138

36

*12%

——10

—

$4% cum 2nd pfd

May 18

58

*103%

33

153/B

70

19 4

87%

23
1

7% Apr
Apr

5

104%
142

>

16 y8

*69

19

16%

16%

15 % July
18

30

46%

18%

87%

10% Jan

27

Oct

100

42%

; 46%

18%

47%'.

18%

-No par

3 Va 7n

)

July 15

5

25

103% Oct

4
19

*42%

46%

18%

*1534

■70

183/4

6%

—

8
15

4

32% Dec

Sep

28

Jan

*68%

29%

Hefshey Chocolate common—No par
4 %%
preferred series A——50

16

Jan

28% Jan

55

1

5

17% Mar 23

15

47

89% ^pr

May 13

9

Apr'

78

5

10% Jan

*15%

36

———100

Hewitt-Robins Inc

18% Mar

423/4

46% " •

'

54% Fab

25% Jan

11

Dec

Motors

Hey den Chemical

.81% Jan

*41%

423/4
-

Hercules Powder common.—No par
5% preferred
-100

34% July 23

6

Sep

—

preferred

18% Apr 21

4

\

19

323/4

25

common

non-cum

Hercules
v

433/4 Mar 31

2

14

preferred

(G W)

7%

11

Jan

16

*138

5.
__

common

11

9

Mar

Co

26% Jan

12% Mar 11

10% Dec

3.65%

Mar 16

10

Dec

20

G

8% Sep

(H J)

Helme

1

125

68

18%

*41%

,

100

common

<14% Jan

2

15% Jan

17% Jun

2

7

91

Co

Heinz

May 28

May 26

Corp

3 3/4 % I preferred

10

89

38% Jun ;18

46

18%

69%

103%

r

1
50
1
2

common

Hazel-Atlas Glass Co

Mar 11

6

>

Mfg

Hecht

363/4 July 22

Jan

-52

46%

15%

-10

Marx

&

»

'

121% Feb

2

73% Jan

14

13% Mar 12
68

14
27

29

Aug 19

72% Sep

Mar

18% Feb1

14
11

12% Sep

35

3

53% Apr

4

23% Sep

Feb:

44%

15

'

31% Apr

Hayes

May 21
Jan 14

22

Hart Schaffner

18%

19

100

Hayes Industries Inc

24% May 24
89

41%

453/4
18%

46%

69'/2

100
-2,50

—

Corp of America
Wz'/o preferred

7

213/4 Jun

preferred

Hat

9
14

Jan

6

Jun

!

,

6% July 12

78% Jun
31

6 7o

May 13
30% July 12

46

18%

Co $4.25 pfd—No par
Refrac com
—15

(M A)

Harbison-Walk

140

36% July

4% conv preferred
Hammennlll Paper Co__—
Hanna

,

33% July 23

19

Mar

185

203/b Jun

Z

Printing Co—
5
Watch Co com—No par

(W F)

Hamilton

„

May 12 :V

105% Mar

41%

41%

'

16% May 12

71

16

*41 %

Well Cementing,.—5

Hallburton OH
Hall

30

18% Dec

11% Aug 27

81% Dec 30

—25

Water

—50

—

preferred
Light & Power

.

15%

15%
35

*15%

35

35

126 %

127%

15%

128

15%

153/s

15%

15%

10

1,110
2,100

15%

35

35

35%

500

65%

66

66%

66%

2,100

93

*92%

93

*92%

93

92 %

92%

40

35

35

64%

I

*100

101

126%

15%

35

65

64%

*$2%

65%

*35

*100%

102

102

102

*100%

102

*100%

102

*100%

102

*103

105

*103

105

*103

105

*103

105

*103

105

37%

37%

37%

373/4

383/4

72

72%

71%

72

72%

74%

*17

No par
(Del)—25
1

37%
17%

17

17

17%

38

17%

38%

37%

743/4

75%

743A

17%

17

10

38%

5,500

22

Jun

22

29 % Dec

54

Sep

15

79

1

64% Jan

8

86

Jun

14

Dec

29

17% Jan

7

15% Jan

6.

18

May 25

9% Sep

14

21% Jan

6

11% Jan

4

15% Jun

2

Howe Sound

—1

14%

14%

13%

14%

133/4

14%

14%

14%

14%

14%

10,500

3% Nov

18

2% Mar 25

AVa Jan

5

Hudson & Manhattan Common—100

3%

3%

*3%

3%

3%

3%

3%

3%

3%

3%

1,700

7

16

Oct

May

Mar 11

8

Mar 25

7

14 % Mar 11

2

Oil

Houston

9% July 16

5%

7

59% Feb

2

38% Jan

4

48% Apr

14.

29

19% Jan

8

13% Jan

14

20% Jun

14

Hunt

2% Sep

14

3% Feb

3

100

9

*47

2% Jan

11

20% Jan

4

28% July 15

Hussman

44

Jan

4

Idaho

" 9

53% July 23'
50% July 19

56% Jun

Jan

24

15

14

60% July

40

12

5

preferred—:

Refrigerator Co

*8%

9

*17

47%

47

47

*19%

19%

19

19

2%

2%

*2%

26%

26%

2%

2%

27

5,200

75%

900

17

'

9%

9%

1,000

47%

471/4

473/8

1,200

19

19%

19%

300

9

9

9

47%

19%

.

26%

—1
No par

Hupp Corp

*8%

9%
47%

*19

Foods

-43% Jun

18% Sep

Texas

Bay Min & Sm Ltd—No par
Inc
6.66%

Hudson

12% Dec

of

Corp

Co

noncum

36% Oct

5% Mar 19

Co

Stores

Howard

♦47y8
19
2 3/i

27

513/4

523/4

2 3/4

23/4

2%

2,700

26 3/4

23/4

26%

27 %

26 Va

263/4

2,800

I
48% Mar 25

40% May 25

42% Dec

4

5

50

Jan

5

Sep

2

52

Jan

49% Jun

18

35% Jun
44

May

46

16

"3% Dec"30

50

7

Oct

13

5i% Jan

21

11% Apr

May 25

52% Jun 15

54% Mar 11
52

48% May 19
7% Jan 27

.Tan

>48% May 21

4'

"

6% Mar 16
*56% Jan- 7

Jan

21

Jan

28

'97

Jan

» 4

7

165

Dec

23

160

Jun

7

35% Sep. 15
18% Sep 15
13% July 17

48

Jan

5

40% Jan

'4

Sep

151

Apr

21% Sep

23

July 22 '
Mar

53

54% Apr
54 % Feb

pfd

conv

ser-A

4.08%
4.26%

5

cum-preferred
cum preferred—

4^70%

-

15

cum

-

1

preferred

51%

50%

-49%

50%

60%

*59

60%

w

i39

•

48 %

48%

*50 V2

——50

__50 "

51%

*50

52 %

,52

T *51%-

-

48%

11

12% July 13
23% July 9
4% Mar 15 '

*52'

53

1-53

Industrial

2-

Jau

RR

26

6%

63% July 22-

Aug 13
13% Sep 15

5

Co—

preferred

a

29% July 2-2

Inspiration Cons Copper—

5

19% July 22'

Insuranshares

Ctfs

4

33%

Interchemicai

Corp common

!89% Jan

6

14

19% Mar U

14% Apr 28

'

271 '•

1

Jan'

33

May-11

5

'27%

Jan

7

.166% Jan

23-

27% Sep
76 *

Dec

26% Mar

159

Jan

1% Oct.

34% Dec
128 %

>

Sep
9% Sep

15

Juiy

999% July 23 -

16% Feb

4

-

4%%

1

*158%

preferred

Jan

-

2

,1%-JaT

..

5

34% Jan

132% Mar 11

130% Jan

12"% Mar 18
'

59% Nov
103% Nov

10

,<

16

32% Jun

3
5

In#l

28%
33

4

>9% Jan ; 4
55

,Jan

.4

101% Jan

13

;

30

29

64

May 29

40% May 27

41

29

55

Jan.

44% Jan

,

Jun

38% Dec
36 % Dec

24
30

10% Mar 17
7

40% Feb
54

3

-preferred

4% May 2,7

38

4%

11

Jan. 11

,

138

Jun

,

Jan

26

37% Jan

Jan

19

31% Jan

29

13% Jan

>4

-

18

29 % Apr

1

22

31

May

4

36% Jun

30% Mar 18

25

Jan

3

29% July 12

15

11

14

10% Jan

4

19

12% July 20
33 % Jan 26

31% Dec

8

33% Jan

9% Sep
29% Jan
27

Jan

1

16

41% May 21
31% Mar 16

28% July

Jun

29% Jan

5

22% Jun

15

26% Mar 16

24% Jan

4

15% Dec

22

109% Dec

10

30% Jan
130

6

Feb

11

14
May 12
112% Jun 16

32%

*53

53

300

Sep

15
14

6% Dec
25

16

May 12

19
6

9

20% Jan

21

26

86 % Jan

8

35% Apr

22

99

16

25% Mar

82

July

89

Feb

34f

Apr

23

43

Nov

6

88% Jun

19

101

Jan

16

7

4% Feb
19

Jan

17% Aug 31

Jun

57% Aug 31
9

2

61% Mar 31

50% Feb

66% Dec

8

19

24 % Jan

5

59% May
19% Jan

86

3

85% Jan

39% Mar 17

31% Jun

82i

14
Sep 18
Sep

29% Sep

14

74% Jan

Dec



r

.

,

—.100
Limited

15

•

*
"

91 %

98 V2

,

•v

2%

32%

43%

13%
78

136

*136%

5%

preferred

International

.

Salt

Shoe

59'A

59'/4

-

preferred

No par

42

42%

49%

50

25
25

:

137

Power

Iowa

18% Jan

20

Island

Jan

25

$6

7% Apr

13

Jacobs

Power

&

Creek

20'/8

20%

*58%
42

49%
*34

33%

19,800-

29%

.

105

-

*

98"

,

>

313/4

32

31%

168

32%

:167%
-*32V®

32%

;

32%
: '32%
*88

*

90

23/4

23/4

43%

7

55%

55%

59%

59%

42%

42y8

f

2%

700

43%

12,100

137

137
13%

13%

13%

77%

76%

77%

104%

*io3y2

-

*7

7%

55 y4

59%

58%

58%

42%

•42y8

-

13,500

'

900

7%

510

59

59%

700

42 y«

42%

•

,

4?%

2,700

50

49%

50 Va

50%

*34%

35%

*34%

35%

*341/2

21%

21%

21%

21%

21%

3*%

*35%

50

104

9,300

f

*

57

*56i/4

57

49%
21

140

137

13%

;

200

21,000

90

"'76%
*7

-

,

; 33%

1,350

43%

35%

20%

39,300

32

50

1,700

35%
22

210,800

35%

35%

36

3P%

36%

36

36

36

36

*35%

36%

36%

36%

800

28%

28%

28%

29

28%

28%

2o

2Q

28%

28%

1,300

12%

12%

12%

12%

12%

12%

12%

12%

12%

12 3 4

5,500

35%

V

35%

•

36 ¥4

1,900

*29%

29%

29

29%

29

29

29%

800

33:l 4

34%

34%

34%

34 %

34%

34%

34%

34%

34%

9,100

26%

27%

*26%

27

27

27

27

27V8

27 %

27%

5,400

15%

2,700

50c

common

——

par
par

1

_

14%
*115

15%

116%

14%
115

15 Va

115

15
115

15'/4
116

*29%

*15

*113%

29%

29%

15 Vh

15%
116

*1131/2

116

7

!___

Co,:

50

6%

6%

24

24%

23%

24

24

24,

23%

23%

1,100

31%

31

31%

31%

31%

31%

32

313a

31%

2,700

94

93%

93%

*92%

94

93%

93%

Jersey Cent Pwr & Lt 4%

43% Jan

21

Apr

76% July
69% July

14
8

Sulphur Co

31

pfd—100

93

93%

Johns

Manville
&

Laughlin Steel

4

9

36% Apr

Joy Manufacturing Co__

1
100

Corp

Johnson

5%

}

preferred

Jones &

13

1

Jewel Tea Co Inc common;

3%%

6%

6%

24%

1

103

6%

6%
*24%

95 % Apr

Lake

6%

l

^^_„__No par

Jefferson

Jaeger Machiiie Co

7
26% July 22
90% July 23

4
-

It

(F

25% July 13
33% July 8

40Vb
*100

.

40%
102

6%

*92%

39%
*100

40%
102

40

*100

6%

10%
102

40 yu
*100

40

4014
102

*100

6%

4,800

70

40%

102

3.200
.

Nb par
12 V2

preferred series A
:

75

74%

74%

71%

73%

711/2

721/i

67

*641/2

65%

65

66

66%

661/2

*66i/4

671/4

900

24%

25

24%

24%

24%

25

25

25%

25%

25%

75.800

—101'

com

651/3

10

Johnson

89%

89%

88%

89

89

89

89

89%

90

90%

750

1

33 Va

33%

-33 %

33%

33 y«

33%

33 y4

33%

33 y4

33%

4,600

74%

74

74%

-

"

2,100

-

168
'
'32%

*103%

.

-

105

7

'

*136%

13%

-240

10,100

\-

2%

43%

136%

32%
*88

2%

43%

771/4

-:

991/4*

"15%
*390

7

33"

76%

3,400

*35%

35%

•

'.-300 i

*

333/4

^

15%
299"

"

43-»/b

-,♦103%

7y8
56

* 299

167%

90'

13%
■

99

15%

15

296

•

*9.9

99

.

,

2d

10

Light Co

Coal

preferred

35 %

*34

7
56

:*i93/8;

136%

>

13%
77%

*104

/ 29

i9%
333/4

3.50

Co-.

Intertype Corp
1
No
Iowa-Illinois Gas & Elec Co .No

19

'

,

29*%.

33%

23/4

-

/

13

76%

>

.

14,500

1

Interstate Dept Stores^

Interstate

7%
57

No par

International Telep & Teleg_No par
International Utilities Corp—
5
$1.40 cum ,conv pfd—
—
25
.

106

7%

a

International Silver common
77c

*104

57

100

.

97%*

*88

23/4

43 Va

77%

1,800

163

62% * 63%

19%

'*32%', 32% Ji
•

91%

2%

13

'IS'*

:

63%

\

,' 297
;
31%-'" 32" -'■*
:167%.168>

•

33%
"

43%

136

'28%

14%,..15.-

32V2

32%

2%

,

1,900
6,600

133

'

33%

296

32%

32 Va

*88

"

•

297 :

43%

.

28%-4

l93/a'' 19%
33

-14%

14%

;

34

-

3%

3%,
133

163

-

23%

: 47y*.: 48 ■*

48
132

-62%

12,400
>2.100

12%

#

167%" 167%

32%'

*15<>

12%
23%

:

3%

3%

.

12%

J
3

17% Oct

^

"50

;

j 53%

*52

233/e

/473/8

62% i"

28%

-

j

131

163
..

33%

.'31%

32 Va

♦88

No par

i

,

International

29.

34% July 21.

28% Apr
120

*159

20

98%

167%

3%~

3%

/ ■' 61»

-28%

-

295

32%

'

_

.

July 23.
36 % July 22

10

8,000

51%-

*51% :* 52%

52 y2

53

•23%

.

"

22

29

of, Canada com

Preferred

35% May 28

6

Jun

-

-12%

,

47-47% ':
131 ^ 133 ,•
;

62%

33

-

-

.

■*-

163

*19%

14%

32%

A—J—IOO

i

International, Packers

42% July 23
50% July 12

35

4

3%
48

"132%

28%

,

19%

33V2
99

167

International Paper' common
7.50 "
$4 preferred
No par
Int'l Rys of Cent Amer com__No par :

.

7% July 14

20 % Jan

preferred

Int/1 Nickel

59% July 16 i
60% July
6

21

24

1,300

49%

:*50

---53%

*52

12%

61%

298 %

L_ 100

k

A

International Mining Corp——1

L

14% July 12;
78
July 19
106% May 19

31

28% Oct

*51%

**53

23%

*158%

-

14%
t

Int'l Hydroelectric 8ys-class A—25
Minerals &' Chemical com
5

-

13% Dec

23% Dec

53,

12%

132-

-

28%

,

98

Mach* new_l—No par
Harvester common
—No par

Int'l

43% July 13

30% Dec

,

3,100
15,200

59%

49 %

:

'51%

*50

53%

*52

233/a

46%

298%

No par

Business

7%

3% May 21

4

Dec

.,

*•

52%

*53
'

53

12%

62%

*19%

1

5
-100

—

163

62

—20

7.

Inc.

Intej-lake .Iron
Infc'l

May 13

32% Apr
6
35% Apr n
94 < Feb 23

Jan

45% Dec

6f

*51%

52

'

306

169% Mar

•

Jan

-

2.% Jan

16
18

77

47% Jan

.

15

93% Jun

25

i28%

9

; Jan

90

7

28

47% Jun

24
2

39% Jan;

1
31

53%

23%

47
132 Va

'

21% Sep, 15

53%
50%

59%

•

-

50

48%

48%

51%

.

<23%

-

■

Sep"l4

48%
*50 /

60

-59%

60%

12%

-23%

46%
132 y2

-

:No par

25 % Jan

12%

23V4-

;

100 1

,_a

Inland' Steel Co_

21% Jan

f

24%

.•

*3

L—1 "
_Nb par ■

i

'15% Jan

"

-12

*

Pwr & tit new—No par "

Rayon —
Ingersoll-Rand common

135% July 15
170

Terminal

Indianapolis'

10

92% Jan

86

53

'50%

-49%

-

49'/2

53

523/4

49%

*59

51%

♦52

Industria Electrica De Mex S A

49% July

Illinois

15% NOV 24

26% Nov

.

-49 %

-

48%

'.

-

53%

*52%

—50

4.42% cum preferred—-—50 f

29% Feb,25
'

15
'

148% Jun

51%

"

60%

50

Illinois Power Co. common—No par

22

15

!

new

'

8% Jan 11
22% May 18
■'
2% Jun 30

1

84

6%

51%

49

Illinois Cent RR Co com new_No par

19'

'

101

38% Sep

50

51% Jun

51%

20

Co

Power

9,800

.

Volume 180
fill-"-';

■

Number 5345

-

.

The Commercial and Financial

.

.

..

I

Chronicle
(363)

<

.

NEW YORK STOCK RECORD
Range for Previous

I

Year 1953

Lowest

■

'■

Highest

•

Range Since Jan. 1

Lowest

K

Continutd—Page 1

STOCKS

NEW

.

Highest

k

YORK

LOW/

STOCK

AND

HIGH SALE

Monday

EXCHANGE

v

Tuesday
July 20

PRICES

Wednesday

July 19

*■'

Par

.a

July Si

Sales for

.Thursday
July 22

Friday
July 23

the Week
Shares

K
22 Va Nov

4

41 Va Nov

30

30 7a Mar 12

267a Jan

49

46 74 Jan

Feb

5

27a Oct

15

8% Jan

26 Ve Jun

16

33 V4 Dec

10

95% Jan

92

85

92

4074 July
1
58% July /2
3% Jan 18

4

32 y8 Jan

Jun

U
«•

2% July 2,0
4

28

Jan

5%'

97% Mar 18

Sep

11

1003A Mar

100

12

1047a Apr

98 V2 Jun

18

1057a Dec

104% Jan > 7
102
May 26

104% Aor

107

14

32% Jun

16

17

27

Sep

•

457» Aug 10

July 1
137a Sep 15

14

58

Oct

28

35% Jan

'

5

15

4%

Mar

17

lb% Jan

21

18

12% Apr ,23

147a Dec
20 7a Jun

18

.

May 13
2274 July 23

/

4%

Kayser

(Julius)
Hayes

Jan

4

23% July 21

Kelsey

82

Feb

25

64% Jan

4

85% July

Kennecott

6

60

Jan

8

39s/a Jan

4

49

16

2474 Feb

3

207a Jan

11

16

4974 Dec

14

48

Jan

11

73

111% Feb

9

1-6

Jan

5

143

24% Jan

13

101

Sep

15

22% Sep

3

Jan

22

,24
78

28

Mar 17

417a May 19

31

95

79% Jan

'

July 22

34

Apr

Apr

13

28 7» Sep

14

417a Jan

5

2974 Jan

8174 Dec

31

937a Jan

5

82% Jan ! 5

3174 Dec

29

357a Jan

5

29% July 22

3474 Jan

48% July 23

5174 Apr
8
493/4 July 16

Kress

11% May 24

8

5774 Feb

5

37% Apr

28

467a Dec

31

8
:;

Jun :1.9

47a Dec

t 197a

2

:i4% Dec
46

Dec

7

574 Feb

4

10

28

Jan

42

25 74

Feb

24

974 Jan

5

3% May 27

53% Feb

28

24

31

18 7a Mar 18

14 74 Jun

; 9

16

Jan

July 19

31

56

Mar 12

47 74 Jan

4

52

14

24% Mar 17

19% Jan

5

27% May

47

Sep

21
23

64

July 14

Jan

9

48'/a Jan

7

67

.Tun

3

22

7

26

86

95

18

23

117a Jan

23

10

34

Dec

95

104

*102%

104

*102%

104 :

1057a

*105

1057a

*105

1057a '

105 7a

104

*103

104 '

Iff 3 7a

1037a

55 V2
*41%-.
21%
14%

'•

16

Jan

par

1

;

227a Mar 17

16 7a Jan

4

14

42% Feb

4

397a Jan

8

59 7a

107a Apr

13

8% Jan

4

10

Jan

45

10

39 74 Dec

10

63

Dec

29
5

82 I. Aug
171% Nov

6

Jun

367a Mar 22
56

6

July

56

3574 Sep

4774 Mar 16

24

2

1427a Jun
Mar

164

4

.38 74 Apr

16

26

15

110

Apr

15

23% Jan

4

Aug

5

108% Jan

4

noncum

1st

noncum

Fink

Liggett &
7%

9
27% ,July 21

74 July

30 7a Aug

5

9874 July

9
30

v9%Jun

237a Dec

2174 July

1

14

1607a Dec

14

Jun

22

427a Dec

14

40% Jan

5

55

677a Jan

2

59% Jan

11

30 74 Apr

27

40

May 25

367a Sep

977a Nov

9

45% Jan

15

22

96 7a Jan

22

38% Mar 25

1537a Feb
47

101

36%

373/a

95

94

94

110

33%
82

430

5,700

30%

'297a

30

12,900

48%

49%

4874

49

4,800

48%

487a

48%

47%

47%

4,300

11%

113%

11%

4

11%

117a

5,700

33%

15%

*15

53

*517a

*3%

4

223%

223/;

23

3,200

15%

153%

153/a

157a

2,100

*51.7a

53%

33/4

22%

22%
15%

523%

*5074

507a

30

,26%

3,100
2,600

I,000

83%

2%

2%

2%

387a

t

16%

39%

383/4

'39 74

153%

153/a

153/4

15,400

1 7b

2,600

*1

83%

*8 74

8 3%

23%

*2 7a

23%

383/a

39%

39 7a

395%

16 s%

I67%

163/4

16%

18%

18%

183%

18 7%

18%

19

58

563%

5774

57

/i.

573/4

19

9%

9%

9%

9 3%

93/4

9 5%

42%

43%

433%

43 7a

43%

*43 7a

58%

57

58%

573%'

58 74

58 3%

148

*148

152

/:•

1517a

152

40

16%

16%

900

19%

5,200

587a

59 7a

6,900

93/4

9%

9%

151

45

45

593%

59 7a

59%

1517a

1517a

130

151

800

28,500

82

'<

82 7a

84

84%

8474

837a

8474

83 7a

85 7a

2,400

44%

4574

443%

45 :

44%

44%

45

45

44

Va

453/a

2,400

2174

217a

21%

217b

217a

217»

2174

1,300

38

38

39

38

39%

333/8

383/4

7,700

24%

24%

24%

253%

25%

26 7i

7,200

C

20%

21

21

373/4

383/4

37%

247a

24%

24%

100

*75 7a

78 7a

79

79

1

36%

38

36%

37%

3674

373%

36

36%

36

15%

16%

15 3/4

16

15%

1674

15%

16 74

16

74

44

74

preferred

Corp___
Corp

;

433/4

10

(Md)

27
114

114 7a

A—.No par

78 7a

43%

27 7a

100

24

21%

213%

32

106

983/4

22%

2274

100

146 3/4

147%

146 V4

El

Co

(Ky).No par

Nashville;.
&

Sons

preferred

:

45 7a

50

series

A

.

243%

243%

24%

24%

700

217a

213%

21%

21%

21%

22,500

a

a

Ti\

372

*100

*105 7a

'

22%

101

101

227a

147

1467a

46

46

4674

74%

74%

75 74

75 74

76

38%

38%

38%

387a

38%

*100
42

102

101

42%

101

413/4

30

23,600

148

610

148

147

467a

4674

46%

1,100

753/4

7674

753/4

76%

8,600

38%

t

39

3974

39%

3,400

♦100

102

42%

1,920

24

*45%

4674

*100

42

993/4
101

233/4

23%

146

147

106

997a
*10074

101

2374

2374

*10572

997a

99

99 7t

*100

405,100

106

*105 7a

106

99 74

1003/4

46

10

800

24%

,

100

Lukens Steel Co

21,100

115

213%

377s :

747

Inc com—1

II,200

273/4

115

*2474

997a

22%

preferred

443/4

27 7a

273%
116

,67,800

}/-

106

99 74

*10074

common———10

Co

44%

27 5%
*115

III,200

16 7a

372

*105 7a

99 7a

44

27%
116

100

79
36 7a

213%

24
>

100

101

*78

44%

27 5%

*115

j'u

*105 7a

100

preferred.!—_100
preferred..

233/4

217a

79

44

27%
115

A

E

*77

443%

27%
115

233/4

10

.24%

*76

443/4

—10

common..

D

(M)

12,700

44

82

series

&

7,400

19 74
"

2.50

Lighting Co com
rights—-——

Lowenstein

200

23/4

-No par

com

preferred.

(P)

600

83%

39 7a

'

58%

9%

148

*874
*2 7a

19%

573%

-

5774

_No par

1

17a

*2%

16%

1%

8%

39

*16 3%

383/4

153%

42%

series

474%

83%

2,000

5

Cement

I.ouisvi'le

12

8%
*

26

,153%

39
,

5

Corp.-

Louisville Gas &

23

15
*1

..."

26

II,600
7,400

7

j.

series B preferred!—.

77/

8

63

No par

conv

Lorillard

25

Jun

*81

37%

*94

com—25

4.35%

15

443/4 Apr

82

36%

■:

5774

10

4.25%

July 15
Jun

*32 7a

No par

Common

76 74 July 13

35 74 May 25

Sep

307a Dec
92

137

60
700

33%

"29%

*3%

17a

16%

No
iNo par

Co

Star

•5%

July 22

347a Jun

f

27

307a

227a

38% * •39%

1

Co—

Long Island

26 74 May 18

1467a Dec

27

49%

:

.11%

157a

100

Cup

Long Bell Lumber

993/4 July 23
101

.

4

1

2%

5

Corp (The)

Oil

4.75

2

103

11%
227a

15

9

8%

preferred

Lone

8

106 7a Mar

9

487a

*51

1%

.—

Tobacco

Lone Star Gas Co

7

8

106 V4 Jan

2574

>_

;

Myers

Aircraft

Mar 16

:i72 July

6'

153/a
52

15%

Loew's Inc

6

May

157a

;

convertible

22% July

47%

ll3/a

39%

-

Lockheed

2«% Apr

49

22%

1%

Libbey-Owens-Ford Glass Co!
Libby McNeill & Libby
1

July 19

4

29%

49%

2774

81

8174
-

;

v

94

37

94

.

307a

*33/4

No par

Products.

&

Life Savers Corp

16% July 23

4

/

;f

37
,

29%

3%

No par

(The)

Lehn

Lerner Stores Corp
-

42 72 July

17

94

11%

14%

pfd

37a%

22 % Jan

37

94

22 7a

39%

preferred

2nd

July 23

187a Mar 25

*81

36%

33/4

1
——1

common

Lehman Corp
v

Lionel

357a Mar 26

8172

27

*32 7a

'

817a

73
143

38 5%

Mar 12

10

33%

47%

No
.No par

,,

Valley Coal

Belt

14

2774

*32 7a

71%

3974

Valley RR—

Link

aim

*27

337a

49%

52

I

143

.

27

.

*32%

50
48

11%

;

14%

22

157a Jun
97

5,800

27 '

,72%
146

39

Lenigu
Lehigh

29

217a Oct

Jan

717a

1417a

717a
*144

83/4

45% July 15

115

2,400

707a

1417a

697a "71%
144 /

"142

867a

Jan

23 7a Jun

24%

8%

26

10374 Jun

24%

*85 7a

Tulip

;

24

83%

Lily

38

24

"

867a

79

11

II,900

23%*

26

Jan

11

23%

8 5%

67

" 4

18,000

43%

23%

*

23%

:
-

26

Liquid Carbonic Corp

13 74 Jan'

85%

43

*85 7a

Lion

237a Jan

84%

43%

83%

25

27

8574

4374

26

2674 July 23

147a Mar 25

84%

44

867a

41% Mr:-' 21

3474 Mar 19

22%

84%

42%

f

87a

18% Jan

297a Nov

22%

84

42%

*25%

20% May

18

23%

85

*85 7a

30 % Jan

23

6,300
17,700

237a

84%
42

21% -23

8%

4

15

22%.

7,700

4378

867a

3

Sep

14%

26

38% Mar

107a Sep

14%

7a

27% Mar 27

26

3,300

15

25%

2174 Feb

2074 Apr

15

*85 7a

9'

13

22 74

867a

14

Feb

300

227a

*42

257a

15

:74

42 7a

227a

8 7a

w

Sep

17

42

21%

.

85 74

•

1

J,

15V4 Sep
Jun

14%'

V

15

I,272

42 *

;

21%.

14%

15 \'t
22 %

"5

I

1

Sons Co

19% Feb

64

42

21%

223/8

50

—

&

preferred

85 7a July 23
•

*41

24%

4

Apr

.42

21% *21%

25
;•/ Lehigh Portland Cement———25

25

6774 Jan

23

42

*85 7a

July23

347, Jun
155

Feb

57%

10

July 23

7

104 7a

577a

58

100

40% July
2
1874 May 24
20

42%
21%,

50
4772

No par

Lehigh Coal & Navigation Co>

50c

29

103%

5774

26%

$3

Dec

!__10

:

57 7a

10

200

547a

No par
—

r
*

627a

12

33% Sep
8% Jan

10
;_100

Co

57

263%

15% May 18
17b Apr 15

157a Jan 7 4

56%

97

627a

18

187a Mar 27

1057a

*95 7a

267a

18

2

56

56

237a
667a* 69
*136
140
"26 7a
27
*32
33
517a
62
37
3774
93%
94
307a
303/8

No par

preferred

3.85%

413/4 July 13

4

1037a

*105

900

427a
23 7a

1

"(The)

*102 7a

1057a

61

9 74 Jun

Jan

Co

97
104

4,700

14%
22%

22

"

(cum)—100

common

&

:*957a
*102%

59%

3 74 Jun

34

*103

„

263%

Mar 30

12

104

5874

4

Nov

3,200

26

4

36

38%

587a

6

30

*38 74

25%

Apr

2

387a

58%

7» Jan

22

38 7a

97

25%

6VaJan

7a Jan

1,500

387a

387a

59%

6

4

2%

25%

7

13

Inc

(James)

20

15

14

•

INo

com

Lee Rubber & Tire,
Lees

17a Jan

16

33'/a Dec

107a Feb

4'

'

*2%

*95 7a

105 7a

_No par

common—,

Lane-Wells Co

1474 Jan

22>

17a Dec

4

27 7a Jan

2%

597t

1

•

722 7a Jan

29

7a Dec

6% Dec

May 25

7% May

Mar 24

58

*2%

37%
58

common_3

May 10

Feb

7% Oct
14

V

July 20

■257a Jun

58

2%

96 7a

""103

No par
2.50

preferred-——

(S H)

472%

6

297a Feb

Jan

577a

*2%

3874

Gas Co-__
4
La Consolidada 6%
pfd_75 Pesos Mex
Lambert Co
(The) ——
No par
Lane Bryant common
!
1

22

21 % Nov

.

Wheel

preferred

Kroger

; Feu 25

Dec

*

587a

2%

*1023/4

!
,__5"
1—___1

Kresge (S S) Co

18

217a Jun

prior

>4%

23

Aug 20

$5

Koppel's Co

May 20

*

187a Sep

; 86

•

37% July 13
97

58 7a

2%
38 7a

Laclede

47'/a Dec

4

587a

2%

967a

8.75

Copper

King-Seeley Corp
Kinney (G R) Co

29

86

6

587a

37%

97

50

—,

Co

Kimberly-Clark Corp
'4%. conv preferred

July 22

11

•

37%

*

Dec

May 12

3774

38 7*

100

Light Co__

County Land Co:
Keystone Steel & Wire Co

27% July 22

Mar 19

37

Z

Kern

9
74 J-o.y 21
243/4 July 23

Nov

36%

583/s

38

100

&

377a

"'95 72

100

preferred
&

36%

2s/8

10

-

377a

58

,_50

No par

Power

14

39'/4 JUn

.

(conv)

;

non-cura

Kansas

24

Sep

21

367a

1

Furnace-

City Southern—

Common

377a Oct

59 Va

16

&

preferred
preferred

4.20%

July 22

15% Jun

Corp—

preferred—

cum

4.50 '/c

9

42

21

10

38% Jan

37

Chem

preferred

cum

Kansas

/367a Sep

&

Kansas City Pr & Lt Co com_No par
3.80%
preferred
100

Mar 31

:

Alum

Kalamazoo Stove

387a July 14

Apr

Kaiser

102

42 74

433/4

50

43

*100

102

42%

427a

9,600

M
7% Oct

23

12

Mar 20

41

Jun

8

45

Feb

125

Sep

17

132

10 7a July 18
20 7a Dec

40

Mar 24

10

29

26

14
16

678 Dec

29

Sep

15

157a Sep

15

21

.

9

517

Sep

Jan

9
6

6

499

30

8

22

Jan

16

28

Mar

18

11

21

25

7a Jan

132%. Jan

19

b'/o

Mack

267a July 22
85 74

6

8% Feb

15

Magma

Mahoning

7a Jar.

25

5% Jan

18

'28% July 21

Jan

' 4

12% Jan

11

253/, July 21
15% July 15

13 7a Dec

2274 Sep

15

25% Mar 19
88 7a Mar

02

66

8

9

Jan

8

42

Sep

55

Apr

29
12

31 %

July

95

..

May 12

,

Jan

4

Manati

Sugar

.Mandel

July 16

1

Shirt

.8

22% .July 22

Jan

4

247a July 22

Feb

16

110 74 Jan

5

104

Jan

5

987» Jun

30

277a Jun

327a Mar 23

837a Jun

95

20

Jan

49% July
11274 July

-

Masonite

Master

Corp

2

4.25/%

6,800

15%

15 7a

14%

15'/4

14%

15

14%

15

15,100

(conv)
Co

4

34% July 15

3

977a Mar 29

92% Jan
83

Dept Stores

6

5

98

Mar 11

$3.75

cum

24

Jan

7

89

Apr

' 1

$3.40

Sep

17% Jail

20

52

Mar 12

47

207a Sep
417a Nov

27

30 V2 Feb

17

50%.,July '9

7

19

2

22% Jan

18% July

'

July 23

Jun

17

4

12

Jan

4

15 74

Jan

8

75

J'n

4

88% Jim

92

16

J

40

9

4

Jan

157a Feb

,

11% Dec -29
"72 7a Dec

lo

4574 Feb

14

19;'/4 Jnlv

Feb

15

-,a

43

22

7a *21. 14

July 23
24

pfd

63

63 74

63 74

487a

*48 7a

48%

48%

49 7a

1,000

30

3074

30 74

303/4

303/a

303/e

6,400

947,

95

94%

943/,

120

2674

267/a

25%

.26%

25 7a

25%

24%

257a

24%

25%

84,800

16
21%
23%

17'

16%

16%

16%

16%

163/4

16 3/4,

163/4

163/4

2,300

22%

21%

22%

22

22%

223%

12,100

24

24

24 7a

24 74

24%

243%

24%

243%

247a

4,200

46%.

47%

46 3%

47

4 6 3%

46%

15,400

111%.

111%

*1103%

1113/4

500

33%

33%

10,600

com—-_5
—100
5

-No par

1947 serles.No par

pfd

No par

preferred

50

Corp

convertible

687a Jan

8

337a Jan

4

53 % Jun

30

54 7a Jan

4

67

Apr

30

McGraw-Hi'.l Publishing
Mclntyre Porcupine Mines

2

397a Dec

3

3774 Apr

26

43 74 Jun

25

McKesson

24

24% Jun

28

McLellan

McGraw Electric Co

22

117a Feb

133/4 July 19

27% Jan

39 74 July 19

Mead

837a Oct

13

95

99

31 74 J.: y
14 7a

46

5074 May 21

Aug 19

47

Jan

Mar 26

8

July 20

493/4 July 23

474%

preferred

5%

15

19 74 Jan

7

15% Feb

18

19

July 22

Mercantile

17

Sep

14

257a Jan

5

17% Jun

28

22

Jan

26

Merck

80

May

88 74 Apr

29

91 7a Feb

4

89

Oct

27

5

$3.50

92% Jun

10

111

Jan

20

98

Jan

106

Feb

8

$4

917a Sep

21

97

Nov

13

95

Jan

105

Apr

19

25

Sep

15

31

Jan

30

26

Jan

37

22

Jun

16

31

Nov

5

21 % Jan

&

July 13

283a ;a

% Jun

4

1

1% July 14

Inc

94 74

*84

197a

1974

19

1974

507a

*50

50%

*50

187s

18

21

21%

42%

42%

*42

*50

18%

18%

21%

21%

2174

42%

*42%

42%

1874

18 7a

19 74

42%

*42 7+

14%

143/4

15

100

86

87

87

87

*86

87

14%

15

15

...

*86

50 7a

2174

213%

2,700

*413%

42 7a

20

15 74

9,900

14%

15 7a

*86

87

87

*94

95

943%

95 74

51%

*50

517a

*50 7a

517a

51

51%

63

*63

63%

63%

64

637a

63 7a

800

42 74

42%

413/4

4274

41%

42

413/4

42

417a

41 %

3,900

233/8

23%

233/a

23%

233/4

24 74

24 74

10

13%

133/4

13%

13%

13%

13%

38%

3974

37%

38=%

37%

38

100

9874

9874

98%

99

1

307a

303/e

303/e

307a

30%

24 7a

137/S

13%

147a

14 7s

147a

*4872

*13 74

373/a
*98

30%

133/4

preferred—50

1st
Co

937a

24

—1

Inc_„:

3%|
16%c

common

*98

99

94%

24%

133%

133/a

1,700

373/4

38%

3,800

*98

99

303/a

30%

3,900

14%

14 7a

14 7a

12,800

483/4

483%

*483/4

^9%

49 7a

18%

18%

18%

18%

18%

IS'

18%

18%

18 74

18%

187a

19%

49%

497a

1874

rl

357*

49%

*873/4

883/4

*873%

88%

19

5,500

19 7a

21

58,700

*87%

88%

*873/4

883/4

102 7a

1027a

102 74

102 74

101

100 74

100 7a

104

102 7a

103

1003/4

i003/4

10074

10074

1003/4

100%

*100 7a

35%

353/4

35 7a

35 7a

35%

35%

35 72

357a

26

25%

26 7a

253/4

267a

*102%

25%

267a

25%

35

35

35 Va

937a

98 7a

104

*35 7a
26

36

267a

Dec

29

39 % Jan

9

28% Jan

Jun

11

987a Jan

2

62

Jan

100

95

Sep

14

Feb

2

104

Jun

10".% May 19

88

Jun

12

93% Jan

13

92

Jan

98

Feb

8

3.85%

preferred

series

-—100

97 7a

*96

84

July

3

93 74 Feb

4

89

Jan

6

97

Apr

14

3.80%

preferred

series

_i__100

*93

95

*93

95

*93

95

95

95

*93

97

99

May 21

107% Feb

19

105

Jun

1

109

May 14

4.45%

preferred

series

100

*107

109

107

109

107

107

*106

107

*106

107

22 7a Feb

2

18% Sep
For

105

14

29% Mar

tootnoies




set

page

5

24.

15
.

.

2

Mesta'Machine

Feb

-

4

Metropolitan Edison 3.90%

28 7a

July 23

4.35%

Miami

preferred

Copper

'

-5

pfd!_100

series.— u

—-—

100

5

*9872
*104
96

27 V2

100
106
96

27%

800
230

700

25,500
20,500

28
86

367* Jun

140

183/4
•

1,*,

35

preferred

883/4

230

30 7a

14%

19%

Mergentlialer Linotype Co.—No par
Merritt-Chapman & Scott
12.50
Rights
—__:

99

30 7i
I

497a

No par

:

1,500

133/a

1874

.

300

38

18%

*873/4

pfd

Co.

1,500

94%

»10374

2nd

70

63

No par

$4.25

100

4,800

94

.No par

2nd

1,500

19

74

*50

preferred

coirv

90

~io

86

63

(1st series)

Stores

Co

.*93 7a

86

507a

Corp
(The) common

convertible

1574 Sep

94 74

*84

953/4

Shoe

Mengel Co

*93 7a

7a

84

50 7a

Co^

Corp commort

Melville

93 7a

623/4

McQuay Norris Mfg Co.—

18

11% Jan

34 7a

937a

__No par

21

147b Jan
297a Dec

27 7a Feb

33

94

33%

._18

267a Jan

86% Jan

33 %

*93

95

Inc

29

1

19%

.

—_1

Robbins

14

May

19%
50%

94

11174

5

117a Dec

28 7a Mar 19

19
*50

84

111

223%

22%

2,000

_5

1

21% Sep

1474 May 22

*93%

223%

94

1

preferred

1

2

94%
86

*943/8

95

14%

CGmmon__50c

12

30

*93 7a
*84

9474
86

21

Stores

f

*93

217a

&

111

343%

20%

3%%

47%

627a

•

common

Stores

.

937a

3

$2.50

*9474

'

93%

187a

MrCrory

95

333/4

19%

Corp

1

34%

187a

McCord

65

94

50

737. Mar 12

117a Dec

1103/4

1972

717a Jan

267a Jan

111

463/4

187a

3574 Dec

18% Jan

*84

47%

*94 74

50

17

187a Dec

93%
*9372

-

-

No par

15

3374 July

34

947.

No par

22

July 13

47
*110%

•

No par

——

Corp

52

97

*65

Maytag Co common
$3 preferred

267a Sep

Sep

*

McCall

57 74 Sep
.

63

48%

29%

l-^—l

cumulative

Mar 16

2174 Mar 25

63

48%

293/4

_1

,_l

Jan

4

64%
48%

30.

common—

21

29

65%
48%

293%

rNo par
-No par

^1*.

$3.75 preferred

9

100

„+

Corp
preferred

9

4872

-

Co___

95

Sep

50""

8

-No par

com

!—

85 7a Nov

Dec

1,700

28 74

15%

July

15

28

28%

1,600
1 400

-

15%

75

45

5%

20

4%

5%

15,100

827a Jun

~16

28%

28%

43/a

9 7a

i

Jan

May

28%

28

47a

/

25 74

L)

9174 Jun

28

5 7»

*8%

Chemical

conv

5%

243/4

Electric Co

Mathieson

273/4

4%

*5

11,600

5%

74

*474

5,900

20 3/4

5077a

253/4

preferred

2

*4

47a

43%

20

20%
505

5%

*5

43%
*500

433/4

207a

253/8

Martin

16% Jan

437o
*500

504

9 7a

Martin-Parry Corp

18

28

74

"

25%

18 % Apr

38

*4

;...

504

^

8%

26% July 19

30

7a

19%

25 74

1

257a Feb.* 2
16

28

5

44 74

505

87a

4

42 74 Dec

19%

25 y2

13 % F.b

217a Nov

207a'

433/4
*500

2,900

74

16% Jan

15

43%

19%

■*:

330

300

7 74

7

774

7

257t

187a Mar 20

29

6%

8%

14 7a Mar

167a Dec

6% :
•
43%

7%

25%

16

177a Sep

6%

14,800

84

*73%

874

preferred

(Glenn

,77a

63/4

26 7a

84

833/4

*7%

4%
-

25%

26%

837a

117,900

Corp common—5

Midland

74 %.

257a

7%

10

253/s

Marquette dement Mfg Co——*—10
4

25%
83%

*774

19%

500

_l

14

347a Aug 28

,

5

24%

1

20%

197a,

193/4

83%

84

2,900

127

.127

6.25

Marshall Field &

26

1

-

19

77a

44%

•

42

423/4
127

*774

24% : 24%
*83%

500

4«%
*578

9%
42 7a

9%

*42
*126

20%

19%

203%

9%

9%
42

128%

6%

19%

-1

9%
42
*125

7%

500

No par

—

24%

43%

—l
—50

187/«

84

" 7%
6 72

10

,

Mararaibo Oil Exploration
Marathon Corp >

474%
;

8

;

10

5

*8372

93%
42

i28%

*125

18%

2474

-.100

Co___—

1274 Jun

Sep

No par

9%
42

128%

18 7a

—No par""
No par

Co.

RR

Brok

Marine

497a July 23

247a Jan

.

Coal

Manhattan

9% May 18

4

58

Feb

.

'

Copper
Co (The)—.

9%
42

*125

_5

Magnavox

;

26

Jan

15

Inc.—__—

Square Garden
Magic, Chef '—J—

;

5

974
*413A

100

„

Madison

.

0

Feb

7

10

Trucks

203/4 July 23
530

19

117a Jun

preferred

44% July 19

7

12

Wood Working Co.—__5
& Forbes common
10

Macy ,(R H) Co Inc com
4 74%
preferred series A

1

28

4

22% Ja.i

Mar

Jan

M

MacAndrews

20% July 23
Feb

'47a Mar 10
-

527a Jun

80

M &

8

8 7a Jan

4

July

3% Jan

9

257* Jun--

674 Sep
1674 Sep

Mar

'

8 7a Feb

14

9% July 23
45

27
'• 4

25 7a Jail

Mar 23

3% Dec

4

5 74 May

12

Apr

4% Sep

,

6

7 74 May

22 74 Jan
552

15

July

01 % Mar 16

8

9 7a Jan

32

2

20% Jan

8

May

74 July

% May 10

12

877a Mar 27

77a Oct

22

Apr

122

15% Nov

78% Sep
,

8

24

*104

*96

27%

106

27%

35
*93 7a

*97 7a

*104

273%

106

97%

*104

*96

277a

35%

35%

997a

*98%

106

97 7a

28 7a

*104
*96

27%

35%
99

2,200
10

106
97 7a

28 7a

~10
20
40

5,800

•

I'

20

The Commercial and Financial Chronicle

(364)

Range for Previous

55'/a Sep

Highest

22

22% Jun

9

29'/2 Dec

14

27% Mar

9

26% Jan

4

32% July

9

46% Jan

7

30

3

3*% Jun

3

Midland oteei

Feb

9

126% Jan

8

26

24

Nov

20

20

31

19% Jan

2

136

6

21 % Jan

7

21 % Oct

9

16 % Jan

8% Dec

139

Feb

8%

24

Beo

25% July

53'/a Feb
42

27

Apr

6
11

8% Dec

29

69

Oct

60% Dec

21

22

28

4

Jun

99% Jun

26

70% Jun

105% Apr

13

4

88

Jan

5

9

26% Jan

22

19% May 26

17

21% Dec

21

21

71% Jan

21

preferred

$1.50 2nd conv

No par

24% Oct

V.

18

34% Mar 25

34% Mar 30

15% Sep
34% Jun

14

23% Mar 25

15% July 19

19% Mar 16

Mission

10

41% Mar 17

37

Jan

4

44% Jun

31

6% Mar 12

4

% Jan

4

9% Apr 29
69% Mar 22

1
5
1®

Mississippi River Fuel Corp

4

Dec

57% Sep

15

33% Sep

15

22

31

13

Dec

61

Mar 17

40

70% Aug
6
58% Jan 23
33% Dec

4

Jan

Jan

5

15% Mar 25

13

15% Sep

11

20% Mar 23

Corp
Development Co

Missouri-Kan-Tex RR com—No par

7%

7%

__1Q0

64%

64%

pfd_10O

44%
21%
13%

22%
13%

1%

preferred series A_

4

16% Jan

54% Feb

17

Missouri Pac

5

19% May

17

4

24% Feb

16

Mohawk Carpet Mills

22% May 27

5

RR 5%

conv

20
.1.25

Mojud Co Inc

19

15i/e Jan

Mar 31

Monarch

Chemical

5

Sep

15

95% Jan

97% May 12

17% Sep

14

28% Mar 11

19

Jan

4

23% Jun,

Montana-Dakota Utilities Co

25% Jun

10

32% Mar 26

31% Jan

4

38% July 23

40% Dec

31% Feb

1
4

29% Nov

17

79% Mar 29

20

11

3

49 % Jun

Montana Power Co

Monterey Oil

3

Co

65% Mar 19

56

2

18% Apr
15 % Apr

15

12% Jan

15% Juiy 23

16

11% Mar 24

14% Feb

Morrell

29% Dec

29

43% Jan

21

Dec

31

34% Mar 18

21% Dec

29

27% Jan

21% Sep

14

27% Mar 16

18

Sep
Jan

23

23 «/4 Jan

5

Motor

1

24% Apr

26

Motor

21 '/a Mar

6

to

O

—.J

28% July 15

19% Jan

28% Mar 24

104% May 18

7

16% Apr

8

29

47% Feb

2

50

Feb

110
24

2

74

Sep

15

99% Jan

2

28

Oct

6

4%%

23

Feb

% July 23

4
4

4%

42'% May 27

Jan

(F E)

133

*23%

*130

133

24%

25%

2,200

29

29

28%

29

4,400

21%

21%

*21%

22

10%

11%

10%

93%

92%

94

65%

*104%

66%

66%

4,700

-

5,200

66%

104%

105

104%

10%

10%

10

73

73

20

20

23%

23%

23%

23%

30%

30%

120

73

29%

5,400

10%

73

30%

*19%

4,100

-

200

20

16%

16%

16%

43%

42%

400

4,700

9,700

.

17

43%

43%

7%
64%

7%

8

64 %

65%

8,400
6,100

8

65%

47

46%
22 %

14

14

14 %

21%

21%

21%

21%

88

90

88%

5,700

22%

13%

4,200
:

.

46%

22%

89%

46%

*22%

-

1,300

10%

92%

9,200
5,400

1,500

-

;

5,000
6,800

20%

21

21%

37

37% '

38%

36%

37%

36

37

21,800

67

/-

21%

36%

67%

29,100

67%

67%

67'A

15%

15%

15%

13

12%

13

12%

3

43%

44%

43%

44

42%

43%

43%

44%

43%

17%
23%

17%
23%

17%

17%

17%

17%

17%

18%.

17%

18

23%

23%

23%

23%

23%

23%

23%

23%

27%

28%

27%

28%

27%

28 %

23%
14%
14%
40
40'A
*108 / 109%
2314
23%
*47
' 48
*39%
40%

22%
*14%
40
*108
23'A
47
39%

22%
15

6,800
-

.

i

3,200

15 %«' 15%

12%

1
5
1
100

23

10
-50

—.

No par

& Bros

40

25%

14%.

preferred

preferred

Myers

3,100

*130

66%

Murray Corp of America com

48% July 23

37

25

Feb

-

9

11

42% Jan

42% Aug 26
35% Dec 29

51

Jun

18% Jan

106

3

26

31 %

12%

Murphy Co (G C) common-.-.

24% Feb

30%

15%

1

13 Vb Jan

110% Mar

15

32%

12%

Mullins

39% Jun

6

11,200

31

15

Mfg Corp
Munslngwear Inc

Jan

9,000

32%

15

Mueller Brass Co

4

84%

32

12%

Products Corp__
Wheel Corp..

28

'

84

32%

12%

-

Apr

23

26% Mar 13

31

16% Sep

lj

4

16 % Jun

Shares

84

32'A

14%

Inc

14% May 19

5

Dec

...

& Co

50

15

12
43

Motorola

30 % Jan

6

(John)

34%
67%

the Week

12

Moore-McCormack Lines

15

No par

Montgomery Ward & Co

15

8

20%
36%
34'A

Friday
July 23

-10
5

18

11% Sep

10% Sep

68% July

33'A
66%

July 22
83%

89%
21 %
36%
36

*

Sales far
'

Thursday

83%
32%
33

131 /2 131 %
24% 24%
29
29
21% 21%
10% 10%
92 /4 92 A
„.65/?
.?;104 A 104%
10% 10'A
73% 73%
19% 19%
23'A 24
J 28% 30
15% 16%
42% 43
7%
7%
63% 64%
46'A 47%
22 . 22%
13% 14
21% 21%
89

PRICES

No par

53% Sep

Jan

.

21
36

20%
36

36'
34%
35
67%. -68

1

Co

21%
91%
20%
36

20%

—5

No par

(The)

44%

20%
89%

No par

Tool

Machine

Monsanto

79

9%
92

66%
104% 104%
10%. 10%
72% 74%
*19%
20
23%
23%
28% 29%
15%
15%
42%
43

-25

Light

Power &

Minnesota

31%

22

8%
90 %
65

1-50
common—No par

Mission

27% Jan

21%

-

preferred
No par
Minneapolis-Moline Co common—1
$5.50 1st preferred
10O

July 20

81

*129% 130
25%
25%
28%
28%

$4

22

24

15

Feb

Apr

21% Jan

12

1

18% Nov

19% Nov

issued"

Min & Mfg

Minn

11'/a Jan 21
78

Corp

Minneapolis-Honeywell Reg

1

5

9% Jan

19% Jan 23

Oil

32 %

100
10

1st preferred

"When

29

11

May

5

common.,

31%

81%
31%
31%

81%
32%
32
33
130
130
24%
25
28% 29
21%
21%
10
10%
90%
94
65%
65%
*104% 105
10
10%
73
73'A
20
20
23%
24
28%
28%
15%
16
42%
43
7%
7%
63%
64%
"
44%
47%
22 %
22%
13%
13%
21%
21%
89%
90%

81%
32%
32%

81%

Minn St Paul & S S Marie—No par

Jan

67

102

Prod

Inc

Minneapolis & St Louis Ry—No par

111/8 July 22

55% Jan

3
29

Jan

29% Jun

8% Jan

68% Nov 30
104

26

20% Jun

94% Jan

Jan

South

Midwest

9
28

10

10

Petroleum
Utilities

Middle

July 19

Par

Mid-Continent

17

90% Jun

4

65% Jan

31

66% Dec

24% Mar 20

125% Oct

LOW AND HIGH SALE
Tuesday
Wednesday
July 20
July 21

Monday

STOCK

EXCHANGE

Highest

Lowest

YORK

NEW

Range Since Jan. 1

Year1953
Lowest

Monday, July 26, 1954

.

Continua*—Pagt f

NEW YORK STOCK RECORD
STOCKS

;.

*

40%

109%
23%
47

.

39%

•

,

4,400

12%
:.

44%

9,400
:

7,300
13.400

v

1,500

27%

22%
23
14%
15%
40 % 40%
*108
109 %
23%
23%
: «.*46% 48;
•/
39%
39%

28

27%

27%

7,100

22%

'

23%

23 %

23%

9,800

15%
40%
109

15%

15%

4,000

42

43%

5,700

109

109%

110

23%

48

40'A

24

25,700

48%

900

*39%

40%

24%

48%

40%

400

24%

48

;

15

41
109

r

N
74% Mar 29

11% Sep
16% Sep

15% Jan

8

22

21% Mar

9

19% Sep

15

25% Mar 20

34

14

Sep.14

158% Jun

38

24

10

Sep 14
51% July 22
13% Jan
2
9

Sep

100

85%

85%

85

87

87

89%

88%

90

89%

90

8

46% May 26

National

Acme Co

1

42%

43%

42%

42%

42%

42%

42%

'42%

43

43%

2,700

7

15% July 21

National

Airlines

1

14%

15%

14%

15%

15%

15%

15%

15%

15%

15%

24,600

Jan

12% May

13% May 11

19

19

National
National

Aviation

180

172% Jan

13% Feb 26

11

18% Aug 18

15% Apr

Biscuit Co

7%

4

National

Can

National

Cash

14%

14%

14'A

14%

14%

141/4

14%

29%

28%

29%

28%

29%

28%

28%

42%

41

42%

10

common

Register

25

National

City

National

Container

Lines

Inc
Co

17

4,900

14

29,200

26

9,900

8,900

4

97 % Feb

20 % Jan

8

34 %

Dec

29

17% Sep
85% Dec

1

99% Jan

5

22% May 26

15

96

29% Apr
155% Jun

24

38% Dec 31

132

Apr

15

7

Feb

9

Nov

104

93 % Jan

5

38

6

4

Jan

55

4

5

Nov

4

141% Jan

7

8 % Feb

15

146''

Jan

II

31

37% Mar 19

20% Jan

4

25% Sep

21

32% Jan

6

26% Jan

40 %

Sep

14

52% Jan

5

46

25% Oct

26

30%. Jan

12

22% Sep
86% Sep

21

31% Jan

25

91

6

104% Jan

21

4 % Jan

2

10

9

34% July 22

National

Shares

4

56% July 22

National

Steel

4

29

National

4

36% July 22

4

98% July

4

36

Jan

28% Jan
114

Jan

27

National

July 23

17

.Sep

14

10% Jan

12

4% Dec

28

6

4 % Jan

4

10

13% Feb

26

11% Jan

4

13

13% Jan

5

16% Apr

8

14

8

4.20'A

Jan

27

106

31 % Jun

9

85% Jun

30

12% Jun

11

85

18

Jun

105

Mar 25

106

1

Jan

Feb

6

31% Mar

5

39

86

6

97

May 11

13% Jan

14% Mar 30

92% Jan
56

Jan

4

Feb

11

100

14

60

94

6

Jan

20

40% Jan

16% Jan

29

12

Apr

30

July

Dec

30

23% Sep
17% Sep

8
17

23% Mar 17

18% Jan

4

18% Dec

29

25% Jan

18% Jan

11

72% Mar 23

67% Jan

5

75

25% Jan

4

34% July 15
20 Va Mar
5

Jan

30
30

26

Apr

Fibre

15

.

19 Va

19%

19%

19%

37,100

95

94

94

94%
31%
102

94

pfd

IOO

Mining Corp

10
1

100

Newport News Ship & Dry Dock
New

York

Air

York

Central

1

18,600

178
150
10%
23%

150

149

150%

34%
56 %
29
33%
97%

*34%

35

55%

56

28%

29

28%

29

33%

34%

34%

36%

98

97%

97 %

33%

33

331/2

33%

34%

33

135

*129%

8

7%

*36%
93%
15%
*97
55
14%
74%

33%

135
7%

11%

*149

10%
23 %

*97%
*131

7%
11%

•176

150%

15,900

280

177

270

150 3A

10%

10 %

10%

1,500

22%

23%

23%

2,700

34 3A

23%

10%
23%
34%

*34%

55%

10%

56%

134%

136

7%

8

11%

11%

56

500

35

13,800

293A

1,600

33%

36%

50,400

97

97%

34%

♦

56%

*28%

36

*136

134%

7%

8

11%

11%

220

13,900

142

100

8

43,400

11%

1,700
50,500

6%

6%

7%

7%

7%

7%

8%

12%

*12%

12%

12%

12%

12 %

12%

900

15%

*14%

151/4

15

15

15

15 %

1,200

106%
37%
93'/a
15%
99
55

*105%

1061/2

15

74%
34%

*37%

*105%
38

39

93%

94

15%

*92%
16

16

96%

96%

*55

14%

*95

106%

39

38%
94

500

38%

94

95

16%

-.

15%
*95

98

16%

260

21,300
20

98

54%

56

53%

55%

2,400

15

15

15%

15

15'A

3,700
20

75%

*74

75%

*74

75%

34%

34%

34

34%

34

343/a

3,300

19 V2

20

19%

20

19%

20%

11,700

22 %

41,800

*74

20%

19%

227A

21%

22%

21%

22%

35 %

35'A

35%

35%

35%

35%

20%

*105%

106%

56

22

No par

40

52'A

51%

52%
176

20%

5

Brake

34%
103%

34%
55%
*28%
32%
97%

56%
28%
33%
97%

*105% 106%
36%
36%
*93%
95
15%
15%
98
98
*55% 56%
14%
14%
74%
74%
33% 34%

1

33%
103%

176

*177
*149
10'A

500

33%

51%

11%

England Electric System

51%

7,500

103%

176V2

6'A
*12'A
*147A
*105%

No par
100

*102

51%

11%

1

32%

32%
1031/2

175%

6%
12%
15%

_100

New

102

32%
*102

*94

95

52'A

6%
12%
15

common

Jersey Pr & Lt Co 4%

32%

51%

11%

1

common

95

*94

■

*23%

52%

1

Co

4%% preferred

14

Feb

1

Newport Industries common

34

19%

No par

Vulcanized

Newmont

7

15% July 13

May 11

19%

*129
7%

100

Inc

3%% preferred
New

19%

33

Corp

New

19%

32%

.

10

preferred

Newberry Co (J J)

16% July 22

3,300

19%

.—5

4%% preferred

July 22

2

14%

35

com

common

Neisner Bros Inc

25

Feb

38

79

14

*33%
55'A
28%
33'A
97%

—No par

Natomas Co
Nehi

Mar 29

213/4

78%

13%

14

100

Co

Theatres

National

8

7% July 22

93 % Apr

37% Aug 31
10% Sep 15
64

Jan

11% Apr

conv

National

15% July 16

12

Tea

21'A

80%

13%

178
150
10%
23%
23%

10

4%% preferred

7

21%

78%

14

10%

No par

Corp

Corp

Sugar Ref Co—
National Supply (The) Pa

134% Apr 19
8% July 23

7

6% Feb

1

Jan

21%

81'A

176%

1

Natl Malleable & Steel Cast__No par

May 24

11

21%

80%

*149

IOO
Corp

21%

51%

100

Service

Jan

10% Jun
105

Linen

24% Jan

29% May 20
116% May 20

7% Mar

preferred B

25%

213/„
82%
14%

25'A
21%

32%
103% 103%

_5

preferred A

National

25
21 %
80%
13%

94

No par

6%

5

May 21

16%

16%

83%
14

321

1

Co common

90

24

7% Apr
12% Jan

Lead

16%

16%

19%

100

1951

preferred

7%

26% Jan

5

Nov

25

$4.50

common

Gypsum Co common

National

7

152% Apr

29

173% Nov

20 % Dec

24% Jan

July

180% May

pfd series of

National

July 13

172

9% Dec

3

4%%

12

July 23

Prod

16%
25

24%
20%
82%

25

preferred

16%

14

5

84

4,700

13%

Distillers

20

85

25%

National

20 % Jan

85

14%

Department Stores

6

85%

25%

National

16% May
87% Jan

83%
13%

1

6

83%

25%

5
5

23% Jan

12,900

13%

Cylinder Gas Co

22

14

25%

Dairy Products

16% Sep

13%

13%

National

4

13%

14

National

12 V8 Jan

13%

13%

21% July 22

8

13%

13%

18

15% Jan

420

175%

13%

25

29

9,700

1751/4

1

common

17% Feb

Dec

6,800

177 %

175%
82%

62 % Feb

July 23

177

177

176%

82

19% Mar 27

83% July 19
14 */B July 23

*175%

13%

66% Dec

$1.25 conv

176%

81%
16%

10

12

3,500

13%

21

5

14%
28%
42%

13%
82%
16%

Sep

19% Jan

41%

41%

13%
81%
16%

Aug 31

2

42%

28 %

10
No par
1

Corp

56% Jun

14

40%

"

13%

15

20% Dec

42%

42'A

*175%

19

26

14 %

14%

28%

100

t„1V22

14%

Inc

preferred A

5

17% Jan

21

10% Jan

1

5

Fibres

Corp

910

T

21

Apr

15% May

Jan

11% Jan

5

National

85% July 22

57% Jan

24

Jan

42% July 19

36% Jan

14

Louis

Automotive

29% July 20

60% Dec

15

Nashville Chatt & St

July 22

20% Jan

Mar 19

174% Dec

90

30

36% Mar 25

22%

22%

22%

36

353A

36%

New York Chic & St Louis Co-

30

Sep

14

48% Jan

5

101% Jun

10

109% Mar

9

14% May

1

6

15% Mar
63

Sep

11

5

19"% Jun

16

34

49% Dec

29

May

21

Jan

17% July 13

13

80

'106%

70

59% Oct
400

32% Apr

37% May 17
110% May
7
21% Jun

9

3

Jan

20

92

Feb

9

520

Jan

8

Feb

18

22

Mar 23

31% Mar

65% Feb

5

51

Apr

7

64 %

July 23
July 22

Common

6%

85% Jan
: Apr

14

90

Jan

29

6

515

Jun

28

N

3

N

348

2

21

37% Mar 23

35% Apr 28

41

11

92

Jan

22

91

Jun

7

96% Feb

10

28% Feb

2

27% Jan

4

31% July 23

28

82% Jan

25

24% Jun

4

No par

preferred
Co_

Y New

Haven &

50

*455

series A

-

100

$3.75

Mar 24

3.40%

preferred

100

86

Jan

5

92% Mar 11

3.60%

preferred

100

92

Jan

7

100% Mar 30

3.90%

Jun

15% Sep
8

July

34% Sep
103% Oct
52

4.10%

100

preferred

Sep

23

53% Jan

30

39% Jan

4

12

26

16

23% Jun

25

19

23% Mar 24

20

Jan

4

25% July 23

North

American Co

22% Dec 21

20

Jan

12

40% July 19

North

American

14

15

Jan

8

8% Jan

4

14% July 21

6

87

Jan

16

81

Northeast Capital Corp
Northern Central Ry Co

46% Jan

2

38

24
6

107% Nov

14

84

Jan

4
5

Jun

Apr

8

89

6

43 % Apr

107% Mar 31
53% July

26% Apr

1

III

19

Mar 23

Feb

64% Mar

19
23
4

Nopco Chemical Co,:

_2

Norfolk

& Western Ry common
Adjustment preferred

Northern

5%%

10

16

78

14% Dec

16

13% Jan

4
4

Apr

24

87

Mar 19

85

100% Jun

18

109

Mar 12

105

89% Jun

19

101

Jan

12%

Jun"

8% Dec

15

18%

29

9

Mar" 17

99

Jan

July 19
Jan

100% July

12

7

16% Jan

11

39%

1

50

12 SA
*82

.10

Co

41%

Common

95

$3.60

preferred
preferred

103% Apr
100% July

2

7
35% July 19

$4.10

5

preferred

10,900
5,800

21

41,200

40%

40%

40%

40%

*92 %

94

30%

31

*85 "A

Northrop

Aircraft

100

1

Inc

14% Jan

13

7% Jan

11

16% Dec

30

24% Jan

13

14% Jan

11

18

25 % Apr

9

19% Mar

2

26% July 23

34% Jun

10

39% Feb

2

38% Jan

4

94% Jun

12

2

102% Jan

4

83

12

93%iJan 27

92% Jan

5

44% July 14
108% Apr
7
98% July 15

May 18

106% Feb 25

IO6V4 Jan

6

110% Jan

29

4.56%

preferred

100

104% Jun

18

108

26

4.44%

preferred

100

69

Northwest

4.6%

Airlines

Inc

24%

91%
98

28%

40%

41

*92%

94

*92%
*

31

29%

86

*85%

91%

*89 %

91

*98

99

common

preferred

10

25

Norwich Pharmacal Co

2.50

*100%

22

21%

22'A

407A

40%

41

41

41%

25

25

25

25

25

24%

25

25%

25 %

37%

39%

37%

38%

37%

13
82

14%
82

41'A

415A

13%
*82

41%

14%

13 %

*82%
41%

108%

I

4,000

41%

41%

11,600

25%

25%

1,200

25%

25%

14,600

38%

78,200

13%

65,100

13%

82%

41%

80
110

102

23%

22%

13%

82%

99'A'

*82

82%

10

42

42

42%

12,200

108%

108%

1083A

120

108%

108%

53%

54%

54

54%

53%

55%

27,900

15%

15%

15%

15%

15%

15%

15%

21,200

89% 89 %
*105
105%
101% 101%
*100% 101%
33 % 35%

*89%

108% 108%
53'A
54'A

89%

,

100

*101

102

41%

■

100

8&3/4

21%

83%

15%

•

85%

*98%

98
102

19,200

89 3A

f

31%

85%

86

*89'A

3,900

94

31%

31%

♦100%

25%
(39%

15 %

165
105
*101
102
*100% 101%
34 %
35'A
1°%
10%
19%
19%
24%
24%

100

Preferred 4.08 %_

18% Sep

11% July 22
19% July 20

64%

20%

38%

89%

100

9

25%
40%
13

15%

100

$4.80

Mar 25

64

20%

29

(Minn)—

15% July 19
108% Feb

64

20%

40%
*24'A

*108% 108%
53'A 54'A

100

No par

Ry__

Northern States Pwr Co.

11% Jun

64

19%

98
161
102
21%
22

41'A
24%

247A

1

preferred
Pacific

98
98
181
161
21%
217A

40%
24%

25
25

Aviation

Natural Gas

Northern

~

100

26

15

Sep

83

preferred

20% Jan
Jan

28%

62'A

31%
86

8

19

20

27%

40"%
94

10

22% Jun

10

91%
498

19%

30%
*85%
*89%

87%.Tan

39% Dec

•475

498 1

61%

40%
*92%

94% Nov 13

102% July
2
23 % July 23
43% Feb 10

•455

27%

31%
86
91%

100

80% Nov

6

*88%

91%

91%
498

4,900

70

61 %

31%
*85%
*89%

preferred

Niagara Mhk Pwr Corp com_No par

22

25

*88%
*455

*69

21%

27%

19%

29

Jun

91%
497

300
'

20%

70

40%
94

Jun

17% Jan

69%

19%

Jun

100

20%

69%

40%
*92'A

Apr

15

20%

70

9,000

111

1

Y State Electric & Gas

Common

87

Sep

•110

110%

110

20%

1

Shipbuilding Corp
Corp—

110

21

19%

79

16

*88%

110%

No par

York

75

87

20 Va

*68

470 -

Hartford Co-100

New
N

31% Sep
80% Jun

non-cum

Y & Harlem RR

Preferred 5%

July 23

21

14% Apr

$5

No par

*110

490
-27%
27%
61'A
62

City Omnibus Corp_No par

New York Dock common

20

*110
110%
20%
20%
*68
70
*88% 91%

100

preferred series A

New York

Jan

69% July 21

20

:

105%

89%

90

*105

105%

*101%

102

101%

*100%

101

*100%

34

170

89

100

105%

105

101%

*101

102

101

*100%

101

33%

34

32%

34%

88%

89%
105%

33%

50

20,200

10%

10%

10%

11

11

11%

11%

4,000

19%

197A

19%

19%

19%

19%

19%

193/4

3,400

24

24

24%

24%

24%

25%

26

26%

6,200

43%

433A

4,800

11

'

o

100

Jun

97% Jun

12

106

Jan

104% Dec

9

6

5 4 V8 Jan

4

Mar 23

26% Jan

4

18% Jan

20

21% Jun

9

49% Jun

10

57% Aug

23% Jun

10

28

16% Sep

1

For

19 % Dec

footnote-




24

?*

Apr

May
7
32% July 22

20 "

Apr
1
23% May 24

Ohio Edison Co common

43'A

12

4.40%

preferred

100

3.90%

preferred

100

Ohio

Oil

4%

Natural

Gas

__7.50

43%

43%

43%

43%

43%

43%

*106% 107%
98%
98%
107
107%
*106% 107%
58 %
59%

*106%
*97%
*107
*107
58%

107%

107%

108%

108

98%

98%

98%

*98

1081/4

108'A

108%

108%

*107%

108%

98%

70

108%

108%

90

107

107%

601/4

60%

62

61%

31

31%

31%

31%

31%

32%

32%

32%

20
22%

20
22%

20
22%

*20
22%

20'A

20

20

20%

20%

22%

22%

22%

22 7A

60

62%

317A

*19%
.

80

108

.31%

10

20

preferred——

Oklahoma

107% 107%
*97%
98%
*107
108
*106% 108
59%
59%

No par

Co

Oklahoma Gas & Elec Co com

43'A

22%

-

16,700
8,200

-

:

600

~
-

22%

3,300

Number 5345

Volume 180

.

.

The Commercial and Financial Chronicle

.

(365)

NEW YORK STOCK RECORD
Lowest

Highest

LOW AND HIGH

NEW YORK STOCK

Range Since Jan. 1,

Tear 195S
Lowest

Monday

EXCHANGE

Highest
Oliver

Par

11%

10%

11

10%

10%

10%

10%

10%

11%

85

85%

84%

85

84%

84%

84%

85%

5

19%

20

19%

19"%

19%

20

19%

21

20%

21

No par

58%

58%

57%

58%

58 %

53%

24%

23%

24%

No par

4

15 y» Dec

28

14% Jan

26

21

July 22

37% Aug 31

46% Dec

21

44% Jan

11

62

July

Otis

79% Oct

2

84

Jan

6

11% Feb

17

16% Oct

15

38

Sep

18

55% Dec 21

69% Jun

16

81

4%%

87% Jun

7

28% Jun 30

July 23

convertible

Elevator

Co

Jan

8

Outlet

16% Jan

4

Overland

87

Apr 29
13% Mar 11
Jan

11

74% July 16

77% Jan

Mar 12

12

94 %

Owens-Illinois

July 23

57% J 58%

7

-

9,600
.340

17,700,

4,600

57% .58%
23S •' 23%

24%

24%

24%

•83%

86

86

86

•85

86

86

•85

86%

1

•14%

14%

14%

14%

•14%

14%

14ya

14%

•14%

14%

1,100

5

72%

73%

70

72

69%

70%

69%

70

69

69

1,700

91%

92%

91%

92%

92%

93

93

93%

93 %

94%

6,700

18%

18%

183/4

19%

19%

20%

33,200

85

85

85

85

85-

85

'• 9

9

9

Corp

Glass

;

*•

I

12.50

----—

(The)
Owens-Corning Fiberglas Corp

50

Shares

July 23

85%

preferred
Omnibus Corp (The)

23

July 22

11

9% Jan
73
Jan

4

9

83

the Week

Friday

Thursday

July 21

85%

1

common.

2

95y« Jan

9% Mar

Sales for

SALE PRICES

Wednesday

100

Corp

14% Feb

4

Tuesday
July 20

July 19

Outboard Marine & Mfg new..83 %c

12% Jan 20
15

15

71% Sep 23

•% Dec

CtDtiflUStf—P»g« I

STOCKS

Range for Previous

Co

24

24%

•85

2,200
10

r:

•

P
14% Jan 20

Dec

88

Oct 28

Mar 10

5

34% Dee 21

48

3

55% Jun

16

73% Mar 26

Oct

15

57% Mar

4*

6

32% Nov

2

4% Sep

Jun

25

2nd

4

July 19

38% July 14

Pacific

Jan 12

July 12
July 22
147% July 20
5% Apr 14

4

4% May 18

47% Mar 31
8

19

6% Jan

3

28

11% Feb 26
52% May 25
88% Mar 25

47 y4 Jan'

t

1

May 13
5% Sep 15
24% Sep 15

10

30% Jun
33% Jun

Dec

8
7

3

33% July 15

17

i 7% Feb 23

30% Jan

38

4

27% July 20

27% Jun 24

29% Jan

73% Jan

4

106% Feb

18

104

15% Mar 25

5

41

Sep

15

11

11

14% Apr 23

29% Sep

32% May 27
148% Mar 16

14

48

10% Jan

15

14% Dec

33

29% Sep

13% Jan

4

Feb

11

55

101% Feb

9

107

6

18% Jan

4

46

19% Mar 25

43% Feb

5

30% Jan

4

41% July

32% Jan

19

32% Jan

4

23% Jan

11

39% May 26
26 %Jun
3

25% Mar 17

1

111

Jan

5

106

99

Jan

2

94

96% Jun 10

108

Feb

26

103

108% NOV 12

107

18% Jan

8

29% Nov 27

36% Jan

49

Apr 28
91% Dec 29

88

Nov

55

49% Dec 29

101

30

Jan

98% Jan

5

Jatt

48% Sep

15

M

Dec

30

33

Sep 21

99

July 22

165

Feb

21% Jan

17% Sep 15
Iff
19
49

Jan

9

29

30% May 12

Jun~23

22%

Mar"i

Jan

86

Apr

77% Jan
42% Mar

11% Jan

6

4

85

19

Apr 19

57

July 22
15% July 21

3

13

32

313/4

32% rr

31%

31%

32

40

39%

39%

*39%

39 y4

39%'

5

3%

25

12 %

12%

12

38%

38%

38%

37%

37%

24%

July 30
14

•27%

preferred
(J C) Co

25

28%

28%

28%

28%

*27%

283/4

No par
LI
1

•43%

5%

Sand

Corp...
Corp

preferred

45

106

*105

86

283/4

863/4

54%

551/4

♦44%

45%

♦105

108

108 %

108%

108%

1083/4

108 3/4

108%

4.40%

series

♦108

108%

105%

1053/4

106

106%

Pennsylvania

Peoria & Eastern Ry Co

Phila

109%

350

*105%

1053/4

1053/4

106%

230

i6y4

16%

16i/a

16%

16%

161/4

16%

48%

48%

48%

48%

48%

48%

483/4

44,200
3,400

16%

16%

16%

9,700

♦155%

17

16%

32%

32%

16%
32%

156

155

47

49

*47

14%

15%
55 %
105

22%

22

12

11%

5
1

14%
54%
105

21%
11%

16 3/4

17

17

32 y4

32%

155 y4

1551%

48%

48%

493/4

15%

15

151/4

323/4
155

106

*104

14%
*0<t

V4

♦104

-

223/s

12

11%

12

11%

32

313/4

104

1041/4

31%

31%

♦32%
155

15%
*

bo

106

12

311/4

104%

1033/4

40

40%

393/4

401/4

40

40%

401/4

40%

No par

37

37%

37

373/8

371/4

371/2

37%

37'/2

10

22'/4

1,900

*110%

111 %

11%

373/8

104

105

25

25

25 %

25 y4

25%

25%

110%

110%

110%

1103/4

3.8%

98 %

98%

*97%

991/2

*97

1043/4

104

104

108

108%

108%

81/4

8 3/8

$1 conv preference com

No par
preferred
100
preferred
100
4.3%
preferred
100
4.68% preferred
100
Phila & Reading Coal & Iron—.1
Phllco Corp common
3
3%% preferred series A
.100
Philip Morris <fc Co Ltd common..5
4%
preferred
100
3.9% series preferred
100'

*104

104%

*104

*107

108y2

108

8%

8%

83/a

8%

99V4

363/4

*97
104

*108

?

373/8

36%

95

94%

94%

93%

94%

*94 y4

35%

35%

35%

353/4

36%

36%

86%

86%

*84'/4

863/4

86%

87

*82%

84%

Phillips Jones Corp com..—No par;, "7, 44%

44%

37%

37

""

—100'
No par

—

Hosiery

*96

25
No par

Pltney-Bowes Inc

*11

42%
*100

27%

821/4,
45%
97 "

*84%

*96

12

43%
101

27%

57%
•10%
423/4
100

27%

583/4

:

12

; *10%

437/3
100

273/4

58

■>'

42y«.
♦100

27%

8%

37%

1

*42%

47

•96

99

59%
*11

60%

853/4.;

59%
12

423/4
101%

*42%.
*100

27%

27% •

:

12
43

Ym

18%,

19%.

83%

82%

82 %

79%

79

803/4 ;

153/4

55
■1

13%

2,200

100%
28

57

18%83%

500

80%

240

56'/4

14

4,600

13,500

163

♦161

163

•161

163

4

4

59% Feb

5

4

7% Mar 22
■

18% May 27

89% Jan

27% July 22
110% Jun 28

11

10% Feb

23% May 14
148% Feb 12

1

Jan

12% Feb

16

29% Jun 24

34

May

68

Feb

4

Pond

4

Jan

29

Apr 20

9% Jan

5

Creek

38

Jan

26

4%%

17

88

Jun

30

Procter

&

82% Jan

7

25% Jan

12

27% Jan

20

25% Jan

4

28% July 15

27% Feb

24

25% Jan

4

6

97% Jun

2

29% July 15
103% Apr
6
102% July 23

102

100

•72

July 20

92% Mar

3

Mar 19

40% Jan

4

2

47

Jan

4

May 17
64% May 24

4

108

Apr

6

110% Jan 28

55

g

28

Jan

4

33% July 15

131% Jun

17

146% Feb

2

143

Jan

20% Sep

15

25% Jan

2

21

Nov 19

M

Jun, 18

3%%
4.32%

24.

153

*149

153

•149

*149
26

26%

26%

22%.,
153

1

♦149

273/4

27%

26%

26%

106 >/4

•105%

1083/4

1,830

12%

12%

12%

12%

12%

12%

12%

12% '

12%

12%

26 %

26%

26%

26%

26%

27

26%

27

27

27

2,500
3,900

26%

26

26%
106

106

106

106

26%

109

107

8,700

26%

263/8

26%

26%

26%

17

17%

171/4

17'/4

17%

17%

1,500
1,700

18%

18%

18%;

18%

19

7,200

9

1,200

9

9%

9

9%

9%

9

9%

•36

37%

•36

37%

36%

36 %

*36

37%

843/4

843/4

841/4

841/4

84%

9%

10%

10

10%

10

85%

85%

9

8%
'

•36

84% ,"
10%

76%

*76%

763/4

39%

39%

39%

40%

40%

40%

preferred
preferred

100
25

86%

preferred
preferred

No par

com_.No par
100
100
No par

Inc

Pure Oil

(The) common

No par

preferred

Quaker Oats Co
6%
preferred

153

26%

38%

conv

160

1,000

105%

..

40%

100

(The)

com

5
100

RKO Theatres Corp.

8% July 6
99% Mar 29

Ralston Purina Co 3%%

45% Apr 27

Raybestos-Manhattan

1

22

♦76%

00% Jan 12
4

22%

41

37

Jan

*21%

183/4

Radio Corp of America com__No par
•3.50 1st pre/erred
No par
RKO Pictures Corp
1-

4% Mar

22%

17%

34% July 23
81% Feb 11

NOV

*21%

18%

78

5% Dec

21%

18%

22% Jan 11

47% Mar 25

*72

171/4

79?

6

22%

723/4

25%

29% Jan

July

22%

*72

17%

Quaker State Oil Refining Corp_10

7

73%

72%

18%

24% Apr 29

4

*72%

*72%

26%

155% Apr 21

Jan

73%

72%

18%

5

2% Jan 28

70

17%

21% Jan 15

Jan

*69

39

Pullman

5%

70

76%

$1.40 div preference

4.18%

•149

70

40%

Pub Serv El & Gas com

4.08%

21%

70

17%

26%

'

27

7,800

♦69

76%
383/4

Co

3,600

17%

41

Serv

11,000

*

16%

76%
38%

preferred

cum

7

17%

"

163/4

16%

40%

Publicker Industries Inc com
$4.75

563/4

56%
63/4

7

38%

Public

5

70

56%

*76%

July 16

5

69

6%

Indlana__No par

41

26

70

56

7

of

7

84% Nov

100

70

56%

5

35% Jan

3

16%'

6%

10

29% J

23

16%

55%

--No par

Public Serv Co of Colorado

Jun

17%

7

9'/a

20

Jun

16Y8

No par

Gamble

20

22

par

preferred series A..50

conv

July 23

73

par

63/4

1

Jan

37% Dec 29

56%

6%

10

B

Jan

18

56%

6%

Pressed Steel Car Co Inc com (Del).l

5

n

55%

No par

Pocahontas

<fc Co class

563/4

10

5
5

Plough Inc
Plymouth Oil Co

35

4

100

Pittsburgh Sc West Virginia
100
Pittsburgh Young & Ash pfd—100
Plttston Co (The) common
1
5%% conv preferred
100

40

4% Jan

4,900

14%

56

14%

*161

7% May

20

1,600

*82%
80%

163

24

20

300
-

18'/*
-

*161

22

7

20

200

43"/*

11 y»

27,000

•105

79%

55

20

60%.
ity«

,

42%.

*105

100

"

27%

*82%

14%

:

85

453/4
99

100%

18%

54%

26,300
700

*94%.

27%

783/4

15%

*83

101%

82%

54%

100
1

87

60

18%

14%

17,000

95

37%

*42

783/4
54

60

37'/4

'

:

82%

14%

3,900

'

•82%

45%

18%

54

260

8%

.

86%

78%

14

108%

36%

83%

53%

1

70

100

*941/4

18

18

2,100

99'/4
1043/4

363/4

95

♦78%

preferred—No par
84.80 preferred (conv)
No par

25 y8

111 »/2

8%

t

36%
88%

85%
•

*106

*105

8,200

108%

108%

98:

,.
*82
t- *42i/a

16,300

,

37%

*1041/4

♦82

$5 convertible

Pittsburgh Forglngs Co

59%

*105

Pitts Coke & Chem Co com._No par

Pitts Consolidation Coal Co..

37%

660
1

41

25

*

2
100

821/4,

*42'/a
97

'

"58%

5

$4 preferred

36%

23,900
1

*97

104

8%

12,400

331/4
105

*110%

99'/4

35%

*94%

32%

251/4

111%

*1101/2

323/a
105

200

55

1041/4
40%

31 %

38,800

106%

11%

31%

104

4,300

15

22%

100
12.50

700

54%

bt 74

•105

223/b

900

323/4
155

51%
14%

.

22

21%

213/4

163/4

323/4
323/4
1553/4 155%
53
49%

55>/4

*541/4

543/4
105

4.4%

preferred

1083/4

49 y4

♦54%

(conv)

Electric Co common

5%

7,100

16'/a

♦103%

Pfelffer Brewing Co
Pfizer (Chas) & Co Inc com.

preferred
Phelps-Dodge Corp

10

>441/4

•

48%

100
5

America

2nd

400

106

44

44%

16%?

No par

Pet Milk Co common

4%

5,100

10,800

451%

49%*

33 %c

Co

preferred
Corp of

86%
56%

100

Corp
Peoples Drug Stores Inc
Peoples Gas Light & Coke

4%%

20

190

220

10
5
100

Penn-Texas

Petroleum

t

•

1

16%

100

.

Pennsylvania Salt Mfg Co

Pepsi-Cola

44

»:•

50
10

preferred

RR

44%

44

3,100
1,800

55"/4

108%

..

2,500

86

106

4%%

44%

44

'<

28%7

*44

106

44%

11




551%

1,900
-

•

28%

163

2

page

106

*105

106

861/3

44%

...

44

80

For footnotes

443/4

53%

55%

44%

853A

873/4

53 y4

45

•105

18

•

86 %

54

_100

&

9% Mar 31
72% Mar 16

96

87%

52

28 3/4

Light com...No par
preferred
100

Power

33% Jan

26

87

com

283/4

37%

*161

3

7
16

<

*241/4 ! 25

28

\

2,400

37%! *

37%

5

F*b

37%

24'/4

11

86

37

37 y4

82% Jan

25% Dec 30

12%
40%

7%
guaranteed preferred
Pittsburgh Plate Glass Co..
Pittsburgh Screw & Bolt
No
Pittsburgh Steel Co com—No
5% preferred class A
5%% 1st series prior pfd

9

8

2% Oct 15
2% Sen 15

12%
40

400

7,200

33/4..

12%
39%

Mar

6

3

30% Mar

3%

12%

39%

•271/4

35% Dec

25% Aug 31

3%

12'/a

39%

169

Jan

Jun
52
6% Jan

18% Jan

109% Mar

33/4

12

39

'

>

81/2' • •'
4ya 1

25

76% Dec 29
26% Jun
5

2

3%

3%

12%

38%

Potomac Electric Power Co

14

4%

28

Poor

Jun

8% 7

4%

*24%

17% July 19

42% Sep

8%

4ya

*27

19

103

3%

8%

1.600

14,200

158

5

43% Jan
64% Jan

3%

81/4
4%

27%

7

5s % Edp-~iif

'

8%
4%

*154%

19% Jan
146< Jun

Jan

5

8%
4>/4
3%

158

3

102

-4%

4%

25

16% Jan

9

8ys

4%

.

27%

19% Mar 23

4

8%

par

'

8,600
f<
<

i;

*24%

4

Jun

8%

39%

40

'

May
14% Jan

24% Jun

39 y4

•39%

27%

Cement

7,000

32%

32%

31%

25

19

r-r

32%

32

31%

.

pfd

>

270
u

7% " 7%' 4

38

Glass

4,900
'

,

31%

32%

32

No par

17% Jan 29

92

8%

•154%

11

Jan

7%

200

j

75

101 %

32%

...

34% Apr
46% Feb

24% Jun 22

7%

31%

74%
101%
'•••

158

73% Jun

15% Jan

743/4

75,200
107,800

3»/8
59

27%

...

30% Dec 23

-

7%

7%
31%

73%

101% 102

.

14

*57

*154%

70% Jun

71% Dec

7%

3

133/4

59

158

4

May

7%

7%

3y8
14%

*57

*154%

11

39

3

133/4

58

J

4,000

; 16,300

.

9% '

158

62% Jan

11% May

3%
14 y4

.13%
*56%

*83/4

*154%

12% Jan

5

Apr 27
31% Jan
2

7% Sep 15
34y« Jan
8
39% July 1
9% Dec 31

3

3y„
14
59

9'/8

162
l

150

8

3

13%
*56

No par

13% Oct 13
Jun

*83/4

Pitts Ft Wayhe & Chic Ry com_.100

60% Jan

98

9%

1

Apr 15

Mar 20

12% Jan

3%

3

*8%

9%

*9

160

25% Mar 18

Sep 14

9%

37%

Penn
'

130

29% i

1

75

10% Sep 15
21% Sep 14

29

29

July

73% Feb 27

Sep 14

29%

27%

155'

6

13% Sep 15
44
Sep 21
99% Dec 31

2

17%

58% Mar 16
9% Feb 26

Sep 18
4% Dec 31

8
11

80

3

44

Jan

26%

26%

2,080

5'/a l'. ''

33 :

Pilisbury Mills Ihc common.

Jan

147%

5

31%

2

45% July

147

5%

31

Phoenix

103

146%

5%

32%

3

9
11

146%

5%
29 y4

5

33%

13% Mar

12

148

5y8

.

31%

Phillips Petroleum

July

*146%

5%

*

373/4 :4

32%

67% May 27

Jan

147%

1,300

131

36%?

31

Pitts C C & St L RR

3

Sep

Jan

1303/4

37

32

4

21

16% Mar 18
162

90

132

36%

31%

5

Mar

129

31%

44% July 19

35

7

59% Feb

41% Sep 15
11
Sep 15
149% Apr 21
153% Jun 11

Apr

37%

1283/4

31%

97% Apr

100

17

Jan

95

23

10% July 15

106% May 22
29% Jan
5
97

Apr 27

37% July 19
95
July 13
44% Jan
6

7

2

36

127

1

93% Feb

22% Mar 27

199% May 22

2

May 5
10% Jan 28

17

9,900
l#, 500

36 y»

1273/4

146%
:

27%

•9

1

Corp

53% Jan

2

6

Jun

Apr

30%

4

.No par
2.50

Corp..

Co

&

9

29

69% Mar 25
19
May 18
37% Jan 14

T6% Dec 29

110

3

82% July 20

29

Feb

11

34% July

D^C 23

98

94

Jan

Feb

29

24

107

Jan

1

Dec

11

83

19% Jan 27

Jan

Jan

28

83

7

113% Mar 29

5

101

5

23

38

112% Mar 30

May 28

27

92% Jttn

101

Jan

7% May

Mar 13

19% Dec 29

11

29

24

77

11

Feb

20

100% Jun

Jun

Jan

15% Jan

30 y4 Jun

2

Jun

I*

May 24

May 19
24% May 27

11% July 23

34% Oct 20
108% Jan

99

Dec

July 15
% July 23

16% Mar 12

30

40

*7

54

28

29% Jun 24

July 7
4% Sep 21

Mar 26

Jan

16

104

32% July 20
157

Dec

21% Mar

21

28% Jun

5

4

49

July 28
18

50% July 6
18% Jun 16

Mar 18

12,000

35%

y*.

•24%

Penn-Dixie

44% July 19
109% July 23
107
Apr 19
18% F«b 15

2

45

81.30

29

May 26
July 8

105

30

20

% Jan

31

15% May 21

91% Jun

Mar

134% Jan

22

Sep

8

Mar 18

5

44%

36

33 y»

25

107

35% Jan

45

35

25

Apr 13

105

3

35% Mar 18

44%

36ya

preferred

2

7

44%

35%

81.32

10

15

Pictures

$1 preferred

Jun

4

33%

44 %,

'

1

Peninsular Telep common

25% Jun 24
29% Mar 5

Feb 10

j23

5%

26%

33%
,

35%

146%

5

10

170

126%

38%
127

♦145

No par

Car

Penlck & Ford

July 23
July 19

30% Jun

Sep
17% Sep

33%

36%

40%

7

101

99

*33%

36%

4% July 8
12% Jan 25

May

Penna

30% Aug 21

33%
443/4.

33%

44%

36%

Mines

Penney

Dec

33%

45

36%

Transportation..
No
& Enterprises
Peabody Coal Co common
5%
conv prior preferred
Patino

89% July 7
56% July 23

29

33%

44%

par

Parmelee

47

Sep 15

33%

25

& Tllford Distillers

4

19

50

No

Parker Rust Proof Co

8% July 12

3% Mar 12

Paramount

19

127

*48

Panhandle Oil Corp

37% Jan

52% Jan

50

75%

37% Apr

40% Dec 29

*48

102 »/a

39% Mar 19

23% Jan

49

49

74%

41% Dec 28

29

48

*101%

Jun

16% Dec

48

753/4

27

107% Feb

48%

102%

39%8ep 14
10

48%

35-

-

29% Nov 30
81% Dec
9

45% Mar 19

59%

2% Apr 26
10% May 11

9

>

*57%

75%

1

21% Aug 10
29% Dec 14

27% Aug 10
29% Aug 27

59%

•101%

40% Jun

32

37% Sep 15
20% Nov
2

*57%

75

Park

Jan

59%

102

Parke Davis

18

*57%

74

29

38% Dec 11

5

59%

•101

33% July 16

19% Oct 20

♦57%

13%

37% Jan

34

59%

57%

30% Jun 22
35 y4 Jan 15
6%. Feb

•57 %

700

36%

13%

21 y4 May

8% Apr
6
Jan

*35%

57

26% Jan

16

353/4

5

7

39% Jan 30
8% Jan « 5

353/4

1

7

-

44% Jan

•%8ep 15

Jan

8% Apr 14

Jan

8%

36%

35%

30% Mar 27

10

4% Sep 21
2% Dec 22

I I

6

2

390

;-*8%

*35%

125%

34% Jan

Dee 30

23

Apr

102% Mar 19

9

36%

Panhandle East Pipe L com..Nopar
4%
preferred
100

84% Apr 19

97% Jan

1

*35%

Pan Amer World Airways Inc
Pan-American Petrol & Transp

Apr 19

69% Jan

.i

•:

36%

No par

Motor

9

No par
No par
10

Corp
Electric

&

18%
86

9

-

•35%

Mills

Packard

1

14% July 21
63
"

i.98% Dec 30

91

July

Gas

18

♦84%

9%

100
...100
Pacific Tin Consolidated Corp
1
Pacific Western Oil Corp common_4
4% preferred
10

4

4% Jun

9% Jan

2

Mar

Feb

9

common.—...10

Pacific Telep & Teleg com
6% preferred

37% Mar 16

26% July 20
8% Jan
5

com

Lighting Corp

Pacific

46

132

137% Jan

14

33

64% Oct
9;

45

Co

Finance

Pacific

15

23

8% Jan 28

Coast

Pacific

33% July 16

Inc

conv

preferred noncum
preferred noncum

33% Feb

3% Dec
'

Pacific

50

8% Sep
li

cum

1st

13

9% Jan

85

•9

10

114% Jan

.

18%

85

5

Feb

142% Jan 22

22% Feb 20
8% Apr 16

18

100

62

119% Mar 10

15

Products

4%

39% Jan

31

Mar 17

30

22% No* 25

119% Sep 22
129% Jun 25

Pabco

16

38% Jun 28

May 17
44y« May 17
28% Jan
4

2

34% Dec

No par

preferred

Pacific Amer Fisheries Inc

Mar 10

10% Jun

57

Mar 17

40

10

7

11

33% Apr 28

30% Feb 20

25% Jun 16
34% Jun

Mar

88

Jan

7% Jan

13% Jan

7% Oct

20% July 23

82

11

18

It

11% Jun
tO

1
100
Nosar

10

87

86%

87

87%

♦86%

88

26%

26%

26%

26%

*26

26%

*26

26 %

28%

28%

28

28%

281/4

28

:

28%

29 %

*101

102%
53%
55 y8

109

32%
*151

23%

32
78%
6Va
77/a
*92

*42%

29%

29%

101%

♦101

102%

102

54

55%
109

33%
152%
23%

29%

101%
102

27%
29%

101%
♦102

53%

533/4

53%

543/4

53%

543/8

55%
108%

543/4

56%

108%

1083/4

108%

32%

33

32%
23%

23%

32%

32y4

32%

32%

33%

79

78%
6%
-7%
92
42%

78%
6>/a
8
92
42%

80

93

80 /4
6%
8
93

42%

42%

8

6%
7%

32%

33%

*150%

23%

151

56%
109

151

152

151%

94
42%

•101

102%

23%

6%

29%

29%,
101%
102%

.

84%

4,700

10%
763/4

10 y.

10,400

393/4
40%
»863/4

380

76%

4tr

5,200

40%

4,600
220

87

26%

263/4

1,000

27%

(

28%

30,500

29%

7,100

29%

29%
101%

101%

102 >/4

102%

102%

730

54%

7,700

58 y«

14,100

54

58%
109

33
151

24%

33%

34%

79%
6%

79%
6%

7%

7%

42%

84%

101%

23%

•93

;

87

100

37

94

43

.

54

57^8
♦io8y4

32%
151

34%

34%

7%
•93

43%

3,700
230
3,100

32%
151

24%

6%

500

110

23%

•79

160

80

6%
7%
94

43%

-

114,400
t

1,300

11,300
14,600
20

1,000

21

22 '

The Commercial and Financial Crronicle

*

i

(366)

Continued—Page 10

NEW YORK STOCK RECORD
■

Range for Previous

22

Sep

35% Jan

30% Dec 28
8

Sep

.

5

25% Jan

15

31¥b Jan

4
11

■tt%Jair

14% Mar 18

15

10¥» July

26V* Oct

24

31% Dec
12 Vh Jan

16V* Oct

4

Dec

6

26

40 %
3;>

28

30¥4 Jan

32

16

Feb

22 V* Mar

23

16% Jan
12 % Apr

7

^Jun

27

1

Reed

7% Mar 20

4% May

1

9% Dec

18

14% Jan

54% Apr

29

62% Jun

1

10% Jan

Reliance

12

59 % Jan 20

36%>

37

37

37%

37 ¥a

37 ¥a

11

11%

11

11 ¥«

11

¥8

*ll¥s

12 V4

37%

37¥4

2,300

12%

12 ¥a

13%

111,100

*12

12%

12e8

28 %

28%

"

40V2

*40

40 ¥2

34 ¥2

28 ¥a

34 ¥2

*34 ¥4

35

1,000

*28

29%

28

17¥4
"

40 ¥2

*40

403/4

35%

.

*34%

35 ¥4

30

>

*28

29 Vr

18

30

173/4

173/4

*17¥4

—50c

16 ¥b

16¥B

preference
10
Corp-^——=.No par

*4¥a

*28 ¥2

-No par

•40

2 J ¥2

*28

>

•r.

18

18 ¥,

18%

18¥B

18

-100
300

17

———

1,600

18

18

16 ¥2

173/4

17%

18 ¥2

17%

18 3/8

*43/8

"/

¥5%

*4%

5¥a

*43/8

4%

*25 ¥4

253/4

25 Ver

25 %

*9 ¥2

common

pfd 3%%

5% %

*25

5
series—.——100

Co

Mfg

37 ¥2

*12

40%

*

prior

Stores

Conv

-

28 ¥b

40 ¥2
-

35

*28

Co—-.

20,400

393/4

,

"

*34 ¥s

40 3/4

34 ¥4

¥s

28

28

28

28

•40 ¥2

11

*11 ¥2

11 ¥4

*107/8

.4

_x—

.

40 ¥4

37%

12 ¥a

■

"**

58,700

Co—

<fc

div

$1.25
Reliable

May 13

40 ¥4

Inc——

(Robtj

29

7

8% May
56

38%

Bit

Bros

Reeves

5% Mar 19
* Jan
-8

3

24% July

26
19

31 ¥b Feb

Mfg

Roller

Reis

23

393/8

Reading Co common
50
4% noncum 1st preferred__±__-50
4%
noncum 2nd preferred^—50
Real Silk Hosiery Mills
5

July 20

.Jun

38

393/4
12 ¥s

38%

Shares

July 23

July 22

373/,

the Week

Friday

ibursday

Jaly 21

1

L

common

issued"

"When

i8% Apr 19
18¥a July 22

4

16

23

Sep

6

Mar

157/b Jan

6

25

1

;

Raytheon

9

2tf% May 24

13

36% Feb

29% Nov

15

Sep

26% Jan

5

36

6

12

8

Feb

41 %

22

10 ¥4 July

Wednesday.

July 20

Sales for

PRICES

SALE

HIGH

AND

Tuesday

July 19

Par

—!——25
Co!
5

Inc

preferred

$2

13% July 23

9

337/b Jan

9

36% Dec

37% July 23
1

Monday

STOCK

EXCHANGE

*

Rayonier

40% July 21

4

34% Jan

14

\

Lowest

Highest

YORK

NEW

Range Since Jan. 1
Highest

Year 1053
Lowest

LOW

STOCKS

.;v

Monday, July 26, 1954

.

93/4

9¥e
59

*57¥e

58

.

9¥8

-

57%

57%.-

"*■

■r

9¥a

9¥s

93/4

*573/4

-

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25 ¥2

25% t
.

*57 ¥4

1

300
400

10

.1" *93/2
-*i *57%

573/4

v.-;

2534

,,*25.

>10

100

4%

4¥4

;

573/4

20

'

"*

13% Sep
84

Sep

97

5% Feb

28

11

Jan

11

10% Jab

3

26

.

52

24

37%' Feb

30

J

6% Apr

14

4

33% July

Aug 10

48% Mar

Mar 16

46
78

'July

2

88

Feb

2

104

Feb

14

297/b Mar 18

25% Jan

65

5

48% Jan

11

Oct

9

267/b Dpc

6% Apr

23

9 % Dec

20

11
18

,ua-/4

27

3

May

3

9% May

3

21% May

4

.41'

17% Jan

4

;27¥b July.-16

27% Mar

29

3

21 ¥b Mar

;

22% Oct

7

25% Aug 14

24

Jan

23

43% Dec

7

41

Jan

217/B NOV

9

187/e Jan

4

Apr
Jun

2

149% Dec

11

148

Jan

8

240

96

Jan

18

105

11% Dec

Rottm

July 23

17

Mar 29

Dec

24;

10¥b Jan

13

22¥b Jan

30

14¥4 Jin

9% Feb

67/b May 27
56% July 21

29

6% Sep
14% Dec

5%%

"l5

17%

*43

5

Royal

39¥sJuly

9

Ruberoid

16% Mar

97%

Ruppert

9

33

4

1

12%
>

"

36

v-

60,300
"V 330-;

t

57,900;

<

8.500 %

36%

-

74J/a

/

61

61%

V

*

8VB

-

77

76.»

8%'

8%

3534.

■;

36%

-

•

i

8 %?

-

♦»

"

,2,900;

;■'

8% >

9,400

20,000

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-

1,300-

;■

v

6 ¥4

-

47,100,

?;

.

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613/4

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76

74%.

12 %

513%

6¥s

.

25,500-;

5%i

■

124 %■: 124%

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,

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1233/4

5134

i

5%

12%

.

123

t.i

6%

"

5¥a

60 %>

.

S.

511/4

;

33%

-

;

33»/4
51 ¥v

23¥4

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123/8

80

27
33 ¥1

4

44 y«-

26

>.

1,600

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-

44-.

44%

:

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l9¥a'

37 ¥s

26 V*

263/4

32

32

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4

46

4

20%

45%

1

101%

*100

101%

7 ¥b

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7%

7¥a

-21

16'/a

1

37%

38¥b

5

13%

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10
100
10

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92 ¥4

92 ¥4

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5,300"

5,400
11,500

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1,900

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2,000

32,900

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240

'

7%

573/4

1,100 :

101%

4,500

7 3/a

58 ¥a

58%

36,300

2,700

16%

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*

*

16%

161/s

16%

38

38 ¥a

38 3/s

383/a

13%

16%.' ,16%
37%
38 -

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-

1

300

2,500

•

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26 ¥4
333/4

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7%

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7%
58%

7 ¥a'

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225

225

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223

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223

223

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7,6004:
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24

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■:*■

w

53 %

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53 ¥4

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1

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:

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99

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81

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81

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34

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48

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80

43,600, '

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24

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33

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34%
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•

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i

80

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e

10®/8-

12%

47

24

107/b

353/4

'•

331/2
513%

52 V4

10%

■

;35%

98%

98%

23%

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(Jacob)

367/8

5%;

1231%.

f 74¥i

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51%

20

new

27% -

36

603/8

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l"*6¥a

6¥b f"-

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80%

96 %

1

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59 Vb-

51

'35%:
47: *■

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177/b May

; 12

1231/4

75'
*

8

34 ¥4

47'

Royal Dutch Petrol Co__50 Guilders

4

A

741/2;

•>.:

8%

35¥b

:

•:*

51¥bV

v 6%

i

75%

223

Ronson Corp

19

6%

•

5

common

98%

27

'

25

Co,

50%

8

Corp—No par

& Axle

Co

Haas

&

33% May 21
13% July 23

Ma"r"23

&'E1

Gas

Spring

preferred series A

4%

59¥b July 20

'

preferred!—:

conv

Rochester

Rockwell

1

20 ¥8

98%

27'/4

37¥a

'12

123%

*123%

35

•

July 14

105

24

92

45 %

205/8

97-%

271/8

5% '•'".:5¥b

5¥b

59

58%

-

51%

75%

20

common

203/4

971/4

;.

27 ¥b

36'/»

f

27'/s

12%'

123%

6 %;

Co

; 4.50%
preferred series A
50
Roberstshaw-Fulton Controls com__1

May 18

22 V* Jun

Inc

60

•

12

-

12¥b

50 ¥b

Corp

Mills

Robbins

5

33¥4 July 16

14

18% Dec 29

14% Mar

12

35% Jun
115

Roan

,11% July 15

7

5%

.

'

123%

Ritter Company

7¥4 Jan

Oil

5%>

-59

1
-No par
—-No par
Antelope Copper Minis
Manufacturing

Rheem

Richfield

Mar 22

-27%"
35%: s 37% ::

.

20 ¥2

V.

'97'/2 ■j 98^. *
r

12¥*

—10
3-60% series_x__—-100
4.50%, series —.—.100

May 21

44% Mar 10

31

15

Jan

50c
10

—

Preferred

37%

20 »/2

20%

20%
97%

27

'

"

Steel

Preferred

347/b July 22

12

14

11% Dec

4

5

19%

971%

27 ¥a

5%

conv

Common

10,

95% July

1

!

convertible

6'fo

4

5

Sep

16¥e Sep

1

5

22% Sep

26% Dec

25
30

Jan

107

1

x-V

Corp

preferredCorp com
Ho par
prior pfd series A—100
Revere Copper & Brass———No par
Rexall Drug Inc_L—
:—2.50
Reynolds Metals Co com—No par
Reynolds Spring Co—
—.
1
Reynolds (R J) Tob class B_
10
4

'40% May 18

2

43 3/4

22

7% Jan
87/« July

90¥4 Jan

5

'$1

Republic

'

58% July 21

31

12

5

i

Aviation

19¥B
97 ¥2'

36%

25

Republic Pictures common..

July 22

79 % JOn

22

Jan

6

16

9% Mar 20
49

Jun

51% Jan

22

Jan

56

Inc

Motors

19¥B

97%
27%

I—50c

preferred

Republic

124% July 23

8

Mar

.Reo

6

'61% July 23.

11

47 ¥b Jan

114

Apr

37% July i9
5% July 16
12¥a July 19

1

4

Jail

3

$4.50

100

'

13

Dec

Jan

427/e Oct

22

48

19

52% Mar 17

14

80% Jun
98% Dec

4

22

4

11 ¥b Jun

21

36% Defc

f

Remington-Rand common

20% July 23
; Mar 26

18

115¥4 Mar 17

7

4% Sep

93% Feb

4% May 18

40% Sep 14
108% Jun 10

42 ¥4 Sep

14% "Jan

Mar 18

27

17
14

31V* Apr

Jan

23% May 25

18
Aug 14
19% Jan 12

2% Sep
9% Sep

2
23

19% Feb

21
14

13 ¥a

13%

131/8

900

45%

13,300

4'

2,300

"

"'13%

*13%

13%

44%

45%

92%

923/4

923/4

107%

1063/4

383/4

37%

13%

s

•

467/8 July 14

32% Jan

23

40% Dec

18

38% Jan

12

93 % Nov

9

88 ¥4 Jan

4

Jun

103%
30% Oct

43%

7

Jun
Jan

11

Jan"~5

.•

11

417/a Jun

.

St

2

16% Jun

29

19¥4 Nov

24

18%

.IM 11

>14

22 ¥4

July 22

29

33 ¥4 Jan

30

23% Jan

4

.at 'a

May 25

St

Sep

15

Feb

17% Sep

9

21

Sep

9

23¥a Mar 25

15

91% Sep

Apr

150

20% Jan

12

30¥s July 19

12

93% Jan

4

101 ¥4 July 21

3

16% July 23

5

160

May 26

150

280

96

27

14

Sep
Nov
Jan

10% Dec

22

15% Mar

Sep

15

28

20f

11

Sep

174

15

62% Jan

2

Jan

312

Jan

14

211

123

;

Apr

24

Feb

6

11

Jan*

6

17% Apr

13

11% Jan

Mar 23

5%

May 14

1071/2

107%

38 ¥»

39%

10

26¥4 Mar

4

4

38

14% Feb

19

Schering

4

100 ¥4 Jun

29

Scott

Feb

26

Corp

107%

"

923/4
1073%

22 ¥4

' 37

;

22%

38

373/4

223/a

38

22%

2,300

26%

11,500

63 "

69

22%

22

22

2534

257/»

25%

683/a

687/s

*691/8

'69%

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♦228

250

*230

239

228

228

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243

*231

100

*135

150

*135

150

*135

150

*135

150

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r
,

1

"26

26 ¥a

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V

69 %

¥

"

4

30 ¥b

29 ¥s

30%

293/4

30 V*

293/4

IOIV2

101i/2

1013/4

101%

101%

1011/2

16%

157/s

16%

157/a

16

25 ¥b

26%

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25%

25%

253/a

12%

12%

12%

1,500
10

243
150

,

293/4"

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101%

16

29%
101%

55.800

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180

102 %

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16%

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7,400

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1,700
3,700

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12%

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183/4

19%

187/s

19%

187/8

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123/a

12%

12%

12%

12%

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95 V*

95%

95%

941/2

96%

96

:

92%

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92%

15,700

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27,100

94%

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;

193/4

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4,300

93%

19%

12 '/a

12%

12 3/8

19%
12 ¥4

12 «/2

18¥a

12%

19

15c

—

26

2,000
10,600

39

25 ¥s

22

22%

590

92%

1073/4

:

69 ¥B

Regis Paper

4

45%

V2

107¥s

26 ¥4

Co common
-5
pfd 4.40% series A___x__100
Diego Gas & Electric Co
10
Sangamo Electric Co—
10
Savage Arms Corp—
5
Schenley Industries Inc
1.40

22% Jan 20

93

92%
1075/8

69

1st

12% July 14

.

28

45%

923/4

21%

San

5

45 ¥8

'

'

St

'

257/8

preferred

noncum

45%

100

5%

A

Southwestern Ry

Louis

St

May 24

107%

& Power—No par

series

<

'

Co common—No par

Light

Joseph

L San F Ry
Preferred

15

70

5

77% Feb

14

Sep

8

14% May

61
211

Common
_—

Joseph Lead Co

St

Dec

22

Stores

preferred
4.30% conv preferred
4%

108¥b July 15

14

31%

Safeway

96% Feb

28

81

933/2

r

Jan

16

70¥b Dec

85% Jun

1

91% Jan

Jun

la

24% Dec

29

69 ¥4 Jan

54

98

81% Jun
15% Jun

10

68% Jun

<

25 % Jan

85% Feb

15

*

Mar

17% Jan

3

81

Feb

29

74

Jan

42

Jan

4

Jan

4

103% Nov

102

9

Mar" 24

17%

17

627/b Dec

13

Jan

106% Mar

5

38

July 21
1

Jan,

7

57% Mar 16

3

13

'

18% May 2,4
66 % July 12

Seagrave

6

Seeger Refrigerator

3

Seiberling

13

14

69% Jan

26

51% Apr

8

80

Apr

14
3

32

Sep

15

43% Mar 16

8

Dec

29

11% Mar 25

24% Dec

22

26 ¥4 Feb

54% Jun
40

Jan.

27 %

May

4

4

:

Sharon

29

197/b July

July

9

May 10

13 % Sep

15

17¥4 Jan

6

15% Jan

28% Sep

15

34

Jan

20

29% Jan

4

Dec

30

43% Mar 20 1

36 % Jan

6

40% July 22

30% Sep

11

43¥b Mar 20

32 % Jan

4

33% Oct

14

42

Aug

5 •

35% Jan

4

23% Sep

29

37

Jan

8

255/b Jan

5

7

22
21
15

Dec

8

14% Dec

30

13

17% Feb
„

6% May

58¥4 Mar

27
4 4

35

70% Feb

25 4

40

21% Mar
18% Jyn
37.% Jan

1 :

4

5 f

14

35% Jan

21 ¥4 Mar 20 f

18

146% Mar 13 ;

Oct

1

32 ¥b Dec

31

47

33

Dec

16

33%

Jun

9

13 ¥b Sep

15

22% Jun

11

23

.

Jun

5

7% Feb

15 ¥4 Jan

138 ¥8

27*

Fe,b

4

4

18

Mar 26

14% Jan

6

53

May

1'

49% Jan

8

5

29% May

40

Jan

13

34

Jan

52¥4 July 22

1

•

11

16% Feb

2

157/b Jan

/
•

24'

25% May
28% Feb

2

;35¥B

Dec

29

49¥4 Mar 18

36¥b Jan

Sep

11

49 ¥8

Miy 20

39 ¥4 Jan

11

36% Sep

21

40

May 21

37

73

Mar 30

80 ¥2 Oct

80

2

11% Dec

11

15 ¥b May 25

43/8 Dec

31

73/4 Mar 17

4% Dec 29

73/4 Mar 25

Jan

Jan

12 ¥4 Jan
4
♦

Apr

54

Mar

Oct

2

107

Dec

21

18

60 ¥2 Dec

98% Feb

2

101 ¥2 Dec

12% Sep

14

19% Jan

353/4 Sep
5% Sep

14

>

Feb

14

16:'

Corp.—.

36 »/4

37

353/8

3 6 ¥a

100
100

—

——

No par

—1

Co

Aircraft

Inc

Co

x—

pfd—100

Amer

8%

153/4

15

19'/4

193/4

21% :

21%

2134

-42% :

42%

433/4,.-

62.100

20'%

25,700

19 ¥b

401/4
20 ¥b

*160

*36

407/a

39 ¥a

407/b

203/a

193/4

21 ¥B

♦162
6 5'a

63/4

6 5/8

17

17%

,17
523/4

523/4

31%

313/8

36%

36%

*52%

-313/B

36%

•

.

43%

441/4

423/4

43%

<

5 ¥4 Jan

6% Apr
106

Jan

No par

50

Mobile & Ohio stk tr

9

ctfs

100

Spalding (A G) & Bros Inc
1
Sparks Withington Co
No par
Spear & Co common...
1

20

13

$5.50 preferred

19

_

_

_

_

__No par-

72 ¥4 July

6

Sperry

65¥b July 15

Conv $4.50

Jury 23

46%

14

4%
5

90

*69

*101 ¥2
19 ¥8

*75

"

69 ¥2
♦101 ¥2

373/8

Standard Brands Inc com
$3.50 preferred

13¥s Apr

Standard

No par
No par

&

Co Inc

Electric

1

Co_No par

447/b

44 ¥3

44 ¥a

18%

181/4

18%

>

.

62%

63

37

35 ¥».

34%

35

90%

87%

89

12 ¥b

13 ¥b

12%

13

13

13%

13

13 ¥4

34 ¥a
*89

,

5,600

17»/4

14,100
100

53'%

.

5,000

31

313/2

37

.

37

44¥4

44%".

10,500

181/2

24,600

'

-

'

.

;

400

2.800

27 ¥a

27¥4

273/4

28

28 ¥a

32%

321%

32%"

32%

32 ¥s

4,200

43%

43¥4

433/4

44%;

44

44¥8

35,200

58%

59

13,100

46

57%

¥4

14 ¥,

4%

63
8 34
■

45 ¥2
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90

143a

19

8%

363/4

;

6¥«

18%

18 ¥s

*101 ¥2

64 ¥a

8%

17%

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31¥4

70 ¥2

19%

62 ¥2

65¥4

7,300

.

'

53%

371/4

*75

103

19

19%

900

172

6%

.17%

311%

:

.

*165

65/s

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4%

5%

70

2,440

15

¥

20

20 %

170

3l3/4

*5

90

103

63

Standard Coil Products

*52%

4%
*5

5%

"

36¥a

923/a Mar 30

17

17%

53'/2

14%

70

62 ¥2

14% Jan 27

Gas

♦434

5

*75

1

6'%

36%

46 ¥4

4%

5

4

♦164

65'8

36%

♦88

14%

4%

2

5

14

14%

.

57

57%

43/4

1,700

51

27¥8

90

14%

pfd (stamped)_No par

12% May 17
12 ¥s Jan 28

•

43

50

"32 Vs

46%

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9

_

193/8

20%
172

'

8 ¥4

__

.

4

90

6 4 ¥4

Square D Co
„

5 6 ¥4
46

58 ¥4

46V4
*88

1

(The)

Spiegel Inc common

93/a July 23
66

383/4 July 6
3 6 ¥2 July 23

Corp

1

57%

.

41 ¥8

445/8

7/8

41%
.

'

31%
-

.

,

preferred-

20 y«

,

170

*158

170

20

' 19% >.20
40%
42%

.

32%

"




19i%

32%

28¥sJan

11

15%

273/8

86 ¥4 Jan

293/8 Mar 18

16

32%

non-cum

24,300

*15%

27%

5%

10 Vs

93/4

10%

10

5,300

16%

"16

32

Southern Railway common

10 3/a

8,900"

373/4

37

16%

16

27%

July 13

373/4

•

441/4 ,■

—5

59¥b July: 13

36%

►

523/4

Elec_iNo par

No par

36 3/4

45 3/2

2,000

41,200

417/a<

41%

45%

43%

18%
273/8

(Del)

r

51

44

Co

-V

45%

-

50%

18

Pacific

413-8

x4-i%

■39%:

44

443/8

South'n

40 ¥8

44%

5,100

36

343/4
39%

49,.-

18 ¥4

.

-41

6,200

11

103/4

43

45

5

I".

-

9¥s

97/a

17%

7.50

,

40 1/4

10¥b

35%

44%

&

36%

40

42%

-

25

)_—

-

36

40

44%

53%

Gas

10¥s

36%

1,000
3,400

•>19

;5i%

31 ¥4

(The

11-

40.:.

r *

_25

Indidna

18 ¥a

91/4

*52 ¥4

Southern Natural Gas Co—

19

49%

50

11

4

40-

:

South

18 ¥8

11

Co

:

191/8

363/4

California Edison

28%-July 23
32s/b July 23

21,700

42%

65/a

preferred

5,100

4734;

9%

17%

South Porto Rico Sugar com.No par

>

46%

48%

6¥a

5% 'preferred

1

18

9%
26 ¥4

473/4

43 ¥4

16%

Platinum

83/4
26 3/4

46%

39%

1

&

8 ¥8

271%

47

8%
*

E & G Co com_4.50

Gold

8%
*263/4

46

5

Inc common

preferred
preferred

83/4

40%

427/a

-

7,900

21,900

.

103/4
361/s

»393/4

1.050

46

-

29

36

40%

42

Spencer Kellogg & Sons

4

20 ¥4 Mar 18

40

43 ¥a

Spencer Chemical Co common_l__6
4.60% -preferred >
100

11

15

40%

421%

-

28

6 ¥8 Jan

10¥b Sep

40

_:No par
25
L
10

27

243/4 Jan

6

39%

19% Jun

53 ¥2 Jan

6

Feb

391/4

1033/4 jan

9% Mar 19

91

No par

1

4

G7¥4 Mar 23

17 ¥4 Jan

36 ¥4

27

14

31 ¥b Jan

15

11
:

20,600
•

-

31

45%

>

1,500

.

8 «/8

»56 3/4

56%

ioy8

10¥«
36i/4

Jan

101 ¥2 Apr

5

52% Dec- 29

Sep

O)

South Carolina

14% Jun 16

5

22

55 ¥b Mar 31

22

803/4 May
5
121/4 Dec 29

Steel

&

187/b

50c
-No par

1

29%

46
30 ¥s

2,700

>

8

8
.

9,000

v.

19

Southern

88 ¥4 July

14

213/4 Aug 31
25

18

*
-

900

27%

.♦44%

Southern

47

5

9

18%

19

43 ¥4 Jan

49 ¥a Mar 20

44

July

44%

-

81/4

29¥4

45%

*7¥a

8

57%

8

57
45%

-

85/a

July 13

45

45% Mar

4% Mar 16
85

423/4

5
->15

South

30

4

103

43¥b

—

7¥a

8%

100

14,700-

1534't

*15%

*263/4

4

18% July 23
1

4

'38

Jun

42%

Solvay American Corp 4%

38% Mar 29
4

6

10'

7

27V2

-

7.50

Solar

17% May 27

28

8 3/a

Socony Va6uum Oil Co Inc_'

July 16
July 12

37% Jan

5

27% Feb

33% Feb

21 ¥b

45

26%

'Smith-Douglass

45% Apr' 26

'170

27 ¥a

281/4

8¥b

Smith-Corona Inc i—

8

July 23

28%,
8
I

46%

44%

t

66

57-¥4

3,600-

343/41

34%:

27%

1

26%

I

6,300-

f

287/ai

65%'

-*56%

-

8 ¥»

Smith (Alexander)

3%%

467/b

57

■

107

v- *106

107

27¥4

8'

-v

*106

653/4 >

*77/a

56

56

28¥s-'

29
107

27¥a

8

26%

x

>59 3/a

59

59%

200

8,500-

81

i

65%

8

8¥b

America

58%

59%

*79

X

27¥s

7%

;•

*25%

—

>81

.

'21 '/2 '

661/4

*77/a

7 ¥4

x_l

of

*79

*

87'/2!
103 3/4.:

"

651/2

No par

Corp

81

*86%
103%
■..'■*21 y8

•

27 ¥4

277/b

;

-

15%

66 %

46 ¥2

1

i

21%

*211/4

3,700

2934-

34%

28%

55 ¥b

87%

*1021/8- 104

■■

211/4

130

104% t;

293/4

»

15%

28

,

•

331/2

65 ¥a

8

>

*86%

87%

29%

15%

28

7¥b

293%

335/4

33

66 ¥8

77/B

>

*103%

104V2

*15%

*<

28

No par

Saw

4.20%

17¥i July

.r

*106..

106 I

-

Pen Co

A)

Corp

(A

»

11

377/b Jan

39% Mar 16

Smith

4

1

21 ¥4

—No par

106

106

66

5
:-l
1

—

10% July 22

«

CoCo—

Sinclair Oil' Corp__—
-Skelly Oil Co
i

44% July 20

6

53%F*eb

Simonds

'

•

5% Jan

15

Mfg

4

12

18

2

5

15% Jan

Jun

14

May

_5

153/4

28%

[

333/o

153/4

Co

Sheraton

50s/b Mar 29
38 % Jun

33%

No par

•

'

16¥a

4
&• Gas—

Simmons Co

44% May 25
!

6
23

13% Jan

Sep

4% Sep
11% Jan

Apr

6!

14% Sep

30

121

Mar 15

SQ

29%

287/8

29%
33 ¥4

(Frank
(W

Oil

Sheller

7

12 ¥4
37

•

Shell

*78 ¥8

59s/8

58

59 ¥4

29%

>. 104

211/4

'

81

*78¥a

81

Corp
_4
G)_-

Steel

Sheaffer

5

59'A

21%

*15%

common—

Oil

Shattuck

Feb

29 %

51 ¥b Apr

42¥b July 19

5

Shamrock

2iy4
*78¥b

♦102

21%

*33 ¥a

preferred

9¥b July 23

4

Rubber

Inc

$4.50

37¥8 Mar 11

4

8% Jan
25% Jen

6

4

Servel

*86%

87%

1031/4

21

287/b

i

9% Jan

28¥a July
•

*86%

1031/4

105 >/2

Co

10% Feb

42% Dec

42% Oct

&

7

12

87%

IO31/4:

_1

common

_i

4

18

Dec

Corp

67/o July

'

*86 >/4

—

Roebuck

Sears

29%

29%

951/4

92%
*103

104%

*103

104%

29 *

29%

preferred-No par
'
1

Co

7s/o Jun

217/b Jan

26

35 ¥b Sep

8

Oil1

'

'

103 V*

100
Co

fund

sink

$5.75

Seaboard

29

92%

*103

104%

*103

_40

RR Co

Line

Air

Finance

94%
-

92%

*91

_5

com

preferred

Seaboard

6

(The)

Co

12% Mar 12

60% Oct 27

38% Oct

Elec

14¥b Feb

26% Mar 27

11
15

35

common

preferred

Seaboard
1

9

July

Co

preferred
conv

3.35%

29% July 19

8

M'fg

3.65%

Scranton

■'? 59% July 15

24

79¥4 Jan

preferred

4.30%

19

45% July 31

$4

-v

2

21% July 14

5

preferred

$3.40

Scovill

29% July 23
107

26 " Dec

29

.

,

4

14

56 % Apr

Oct

Jun

89% Mar 23

8

102% Jan

"l2¥4 Dec"

7

4

2

33

,

95

8

3

17s/b Dec

14

20% Sep
8¥b Sep

Jan

-

'

21 ¥b Sep

15
99 ¥4 Aug 24

'105

May 26

Feb

110

15

36 ¥b Sep

102

31 ¥4 Jan 12

19

98

89

6
Feb 25

86% Feb

30

Jun

105

9

No par
No par
-No par
i
25
100
100

Paper Co common

*75

90

14%
43/8

5

*5

5 ¥4

*75

90

103

463/4

2,200

90

14%
4%.
53/4

4.700

4,700
100

90

70%

71

*101 y2

71

*101 ¥2

103

46

*88

14%

70 ¥2

70 ¥2

583/4

58%
46 ¥4*
90

1,900

103

.

4.500

19

19%

19

19%

63%

63 ¥2

64

63 %

63¥s

13,400

8%

8%

8%

9%

42.000

19¥s

8%

66

1,120

36%

37 ¥a

36%

37 ¥2

36 %

37

4,800

34%

35 ¥2

35 ¥4

35%

36

36 ¥2

8,200

89

63 ¥2

*89

12%
13

63 ¥2

.

*63

64

„

63%

110

90

*88

89

89

13 ¥2

'13

13 ¥2

13%

133/2

9.200

13V4

133/4

4,800

13 ¥4

13 ¥4

13%

■"

Volume 180

Number. 5345

.

The Commercial and Financial Clironicle

.

.

t

i\-

*

(367)

NEW YORK STOCK RECORD
Year 1953
Lowest

.

Lowest

v

r.

49 y4 Sep

21

65% Sep

15.

67

15

78% Jan

5

21

38% Jan

5

May 11

100 y2 Jan

12

31
94

Sep
Sep

8% Dec
8% Sep

5

52% Jan4

'81% Jan

2

68% Jan

32% Jan

5

12 y4 May 11

11% Jan

47 y4 Dec

42% Feb

7

4

30 % May

10%

"32%
87

Dec~30

17% May 25

Jan.

-

38

Jun

4

94% Jan

14

23.

36 y4 Jan

<

21

24

25 y8 Nov

Dec

2

11% Jan
36 y8 Feb

16

12%'Feb

18

-44% July 17

17

75

Jersey
—15
6ommbn_—10

84%

85%

84

37

37%

37

preferred series A_J
_100
Equip Mffc Co____
1
Stanley Warner Corp—;
5
Starrett Co (The) L S„
_No par

*99%

Stauffer

22% Apr 30

30y*Fob

•

15

100

9%

"

*

59%
75

,'

84

'

100

9%

;

,99%

16%

16%;

50%

49%

7
.

49%

Chemical Co_

L____10

35%

35%

35%

1

*11%

11%

-

Sterlihg Drug Inc

40%

41%

11%'' 11%
40%
41^8

*<

Stevens

3%%

5

common—

1

preferred& Co Inc

(J P)

*93%

100-

_____

-

15

■25%

26%

21,400

78%

18,600

86%

8.7%

87%

30%

38 3%

87%
38%

55,100

37%
*

*99%

101

*99%

9%
16>/4

10%

50%

51

35%

36

1
'

12%

.

413%
94

.

25%

>

'

i

26

:9%-

*

v

"

413/4
*92 %

"

26 r

15,600

101

100

9%

; 9%

2,500

163/a

16%

16,500

'

51

51 y4

1,100

*
12%

36

36 y4

5,000

12%

12 >/8

423/8

423A

93

93

"

35%
12 '

*92%

257>8

62%

773%

'

50%

.

'
.

41% '

*93%' 94 '

61%

7,7%

16%

35%
.12

,

94

25%

36%

62

9%

16%
50%

16%

■

Shares

60%

*

99%

9%'.

the Week

-

July 23

763/4

37%

91/4

FHday

,

"July 22

60%

37%
-

Sales for

"Thursday
*

85 %

37%

16%
*49%

•;

77

84%

*99%

9%

Wednesday'
July 21

75%

,

Sterchi Bros Stores Inc

97% Mar 31

7

3%%

,

60%
*

*■

36y2 MayJ24

*

5

9iy4 Jan'
.

59

76%

*

;5iy4 July 23

5
i

so y4

k____-25

Standard Ry

8

17%'Jun

j

5

1

Tuesday
July 20

■

,

-

75%

New

10%: Feb

Monday
Juir iF
59%

Ohio

102% Mar 11
s

~

_No par-

Oil of Indiana

Standard

Standard Oil of

6

8% May.21

""Par

'

Standard Oil of California
Standard Oil of

4

Jan

99

v

2

i

LOW AND HIGH SALE PRICES

STOCK

42 % May 12

90% Jun

4
t

YORK

EXCHANGE

*

64% May 21
♦83% Apr 19

4

1

71% Jan

13% Mar 26

17

40% Feb

.Highest

'

*59% Jan

30

NEW

Range Since Jan. 1

Highest

.

Continued—Pagrlf

STOCKS

Range for Previous

23

42%
9;4

'

600

8,000
100
k

20%

26

26%

15,200

'.... •

16% Sep 14

23% Feb

2

19% Feb 16

17% Feb

.

2

13% Jan

'

12% Dec

29

110% Sep" 15

Dec

2iy8

4

26% July 12

37% July 20

'40y4 July ! 6

9
9

i

;

Jan

Feb~~2
Dec

14

30% Jan
8% Jan

,43%
38

I

20

99

Feb

2

89.

23

82y2Jan

5

69

Jan

15

,

10
.

7

30l

113% Jan 4. 7 ;
-24% Jan *11 "

16

16 y8 Jan <

26

23% Mar 26

21% Jan

66

Sep

73% Nov

15

6% Nov

17

'

4

660

71% Jan

19
29

7

Jan

635

Jan

20

14% Jan t

15

26

Jan

14

32

Nov

6

Jun

18

113

Nov

6

12% Jan
29% Sep
78

conv

Inc

4

25

May 22

91

13

Feb

14

_100

24

5-

14% Jan

27

$4

15% Jan

Corp

(James)

25

.17% Apr 29

40% Jan

11

66% July 23

Tennessee

57% Jan

4

74% May 19
69% J«n 25

Texas

45

-

16

45%

160

18 V4

18%

18%

'/

,.30%

38%

38%

9%

9%

r

9%
*91

733/4

18%

18%
25

25

25

21%

21%

21%

1,200

803/4

813/4

2,300

.9%

3,300

9

Gulf

45%

19

39%

38%

39%

88%

15

38%

118

5%

118

4%

■'

120

5

15%

*15

5*

78 % Dec

15

5

80% Jan

4

July 12

Texas

Producing Co
Gulf Sulphur-—

5y8Oct

6

5% Oct

15

5% Jan

5

12% May 20

Texas

Instruments

30'/a Sep

14

42% Feb

24

Jan

4

48% Jun

24

Texas

Pacific

&

Texas

4,100

160

*18%

156

157

19

19

100

473/4

48

6,400

37y8

373/4

'

19

47%

38%

393/a

gto

*89-

'
*

118

*

89

119%

4%

100

•5

80
4uO

118

5

5%

151/4

'15W

16%

17

'16%

66%

65%

67%

67%

76

60

62%

623/4

98%

97%

10%

9%

10y4

9%

453/a

45%

45%

453/8

127

129%

126%

129

128%

128%

128%

8,400

128%

65%

643/4

65%

59%

60%

58%

59%

98 %

98%

97%

98%

98

9%

9%

9%

9%

9%

42%

43%

42%

43%

42%

1

125%

126

122

124%

123 y4

131

129

129

127%

127

15%

126

131

17

17,900

89%

*114
'

'

620

<

(15%

400

16 3/4

3,000

66%

2,800

Pacific Lajid Trust—

34

Jan

35

11

101 %

Corp__

Coal

101

Oct

6

165

Jan,23

106% Jan

11

140% Jun

4

Sub

103

Sep

15

138

Mar

107

11

131 i, July 13

Texas

&

37% Jan

10

48% Dec

Texas

6'/4 Dec

18

112% Nfar

Dec

30

Oil

Utilities Co.

9

Jan

share

certificates

Pacific

.

Ry Co__

100

%/ 65%

y2
'

13

17% Jan

7% Dec

31

6% Dec

?

17

31

40

1% Jan
41% Sep

4

Textron Inc

5

.11% July 14
17% Jun ,-7

7

"17% July. 2

Thatcher Glass Mfg Co common

20

13% Jan
13%

38% Jan

4

8V2 Jan

22

Mar 26

8

Jan,

47

10% July 23

14

6% Jun. 11
39% May 17

3

1% Mar

9

8% July

1

■; 61% Mar 26

49% Jan.

4

75% July 14

92 y2 Jan:

7

100% July;20

% July

8

2% May:27

Jan

2

3% Jan

28

-

29% Mar 27

27

7% Apr .12
44

Jan

-

»

28

18% July 20

Dec

29

46% Jan

5

36 y8 Jan

4

47% July 14

11% Jun

10

13 y8 Mar 25

12% Jan

5

14% July. 6

23y86eJ>

14

29% Mar 19

25% Feb

2

36% Jun

19% Odt

; 27j/4 Mar 25

14

35

163/4

*16 3/4

*16%

17

163/4

17

17%

17

163%

17%

17 %

16%

17%

*45%

46%

*453/4

46%

*9

9%

*9

9%

17

171/4

17

*453/4

9%

46%

171/4

46%

10

103/4

800

IVa.

7%

7%

2,200

*40%

41%

4%

4%

.4%

*4%

9

9

:

7%

*41%

42%

43/4

4%

Thompson (J R)__—
15
Thompson Products Ihc common—5

9

8%

9

Roller
Edison

75

73

75%

Transamerica Corp_

73%

74%

73

100%

100%

1%

100%

100%

100

1%

1%

1%

26%

1%;
f

26 %

27%

"

753/4

100%

1%

—10

18%

18%

18%

No par

46%

47%

14%

14%

14 y8

2

33%

34%

33%

16%

16 3/8

27 (

'

463%

5

;

(The)

.»

8%

i

Bearing
Co

4%

9

*99%

:_No par

Tide Water. Associated' Oil--

Toledo

-5 *-"t

1%

27

27

183/s

18%
463/4

47'/a

14%

14%

14%

33%

33%

34%

17%

17%

25%

18%

-47%

,

r

103/4

10%

500

4,500

41%

7%
42%

5

17%
46 »/4

7%

*7%
*41 Ya

7

17

*45%

40%

7%

42%

Timken

'

18%
*453/4

'

10

7%

;

_—

800

5,700
11,800

9

741/4

99%

:l%

1%

25%

13%

19%

14%

47%
141/4:

34%.

:

3,300

100

1%

27

46%

,

v

800

1,800

733/4

73%

100

343/4

30

4%
9%

'

*8 3/4

26

19%

270

9,800
1,100

19%

28,600

.46%

47

11,100

14%

.14%

343/a.

:

34%:

6,000

33,800

17%

163/4

17

17 v

17%

17

17%

*17

17%

2,500

21%

21%

213/4

21%

21%

213/4

22%

22

22%

22,600

110

Mar 19

114% Feb 24

No par

111%

111%

111%

111%

111%

111%

30

13

Apr: 23

18%Feb :19

25

42

May 28

45% Mar:

20% Jan

19

47% Ffeb

13 y8 Jan

15% Jan

15% DeC* 30

24% Jan 30

16% Jan

1

49

69% Jan

30

49% Jan :

*2iy8 Dec 28

18% Jun:

9

1

62% July 19
.

World Airlines. Inc.—

$6 preferred J.
Truax*Traer Coal Co

,

22% Mar:

1

20th Century Fox: Film
npw^

16% Mar.

r

9

Twin

Jun

8

13% Jan

18

45

Jun

8

41% Jan

5

47

Mar

6% Jan-

4

12

July 22

7

13% Mar 11

Udylite Corp (The)

26% July 22

32% Mar;30

Underwood,Corp

15

21%

22%

61%

62%

21

21%

15

15

.1

City Rap Transit Conu-No par

15

9% Mar 20

16%

*44%

1
50

Tung-Sol Electric Co common
Conv 5% - series of 1952™

1

50

common

Preferred: series- A (conv)2

1

22% July ,23

8

18

11

21%

29

25

10%

17%

Dec

5% Dec

11

1

4Bj/2 Jun

35% Sep

10%

5

7

-

11

Transue & Williams Steel-—-No par

112% Aug

2

10%

Tri-Continenfeal-Corp cdmmon_

24

K

11%

17% July:2l

-2

11% Jan

10%

18% July 13
22%'July 15

Feb

17% Jan. 27

13% Jar*

11

4

25

25

25

10%

12

20% Feb

10

15

Sep

57%

15% Apr: 19

14

15

25

57

No par

preference

5,100

'

57%

*41 %

$3.50

10,000

57 y*

1

*

13,600

45%

573/4

No par

common

6,700

10

16%

Dec

17

.

12,100

97%

Trans

13% Sep
106 y2 Jun

12% Sep

18

643/4

97%

573%

;
4% preferred
100
Thofnpson-Starrett CO com__No par

July 15 1
23% Apr :19 *

17% Jan

64y4

98

57%

No par
5

preferences

Co

643/4

50c

Fair—:

Thermoid

25,600

57%

v

7

70%

58%.

$2.50 convertible preferred
50
tThlrd Avenue Transit Corp.No par

10% Jan ;15

*97%

The

5% July 14

14% Mar 12

...

69'%

'

57%

common

$2.40 conv

66

No par

;

$1.25 cony preferred

May 17

27

.

1

Nov

6% Jan,

Feb

30

16

6

3% Aug

15

1 % Nov

58% July 19

9y8Jan

15

88% Jan

9

14 y2 Mar 10

44

15

9 y4 Oct

46% Mar;

12 y2 Jan
.

4

Jun

16

42

11% Aug 31
35% NOV

-

443/4

66%

65

Inc

44%

17

10

39

5,300

45%

65%

1

1

17%

153%

17

65

No par

24

54% Apr
110% Jan

17

745

17

17

65%

10

58% Dec

2

17%

...9%

65

16%
64%

'

81

*720

47%

89%

*8?%
*118

5%

*15

15

81%

*157

383/8 -- 385/b

90

400

44%

J

48

39%

50,500

163/a

157 "

473/4

,

5%
74S

*715-

'

157
'

18%

9.%

45

160

18%

80%

;
'

25

18

Jan

*

16%

5

14

;.

93/8.

,

7 7157

*18 3/4'

120

10

110

-

25

48%

5%

1,300

116

1,600

21%

183/4

47%

*88%

733/4

733/4
116

5,800

25%

—8

—

Sep
49% Sep

47% Mar

74%
116%

24,200

i 9%
93

21%

*183/4

*118

2,500

■,18%
383/4

*91;

*116

116,

xl6

-

93

74

.

.

500

11,200
"

.

93%
93

715

•

19

'

373/4

38%

16%

9

Co___

Texas

16

37%

18%
.

48%

1

:

Telautograph Corp-:

Jan

3

373/4

47%

No par
No par

(convj-

Gould

Talcott Inc

18

pfd

cum

253/4

37%

7.50

com:

preferred—-

$4.40

Symington

»25!%

25

& Co__—

Sylvanla Elec Prod Inc

5% May 24

•:

r

80%

9%
745

46%
'

26

37%-

%

21%

80%

9'/a
*705

164%

*16

Swift

121% July 15

4% Feb

—5

*161

19

105% Jan

J

Corp__

■; 25%

26%

37%

7,100

18%
*25 ■'

18%

793/4

9%

19!%

116' ;

21%

SwCets Co of America (The)—4.16%

40% July 13

14

18 3%
;

21%

80

•:

19.

733/4'

5

25

745

19

I

*91

73%"
116

18%

9%

10c

1,100

12,400

19-

153/4
19%

9%

92 V
r

21%

79%

12.50

Co—

16%

14.3/4

18"

25%

46%

31% Jan'

,16 y4 Aug 13

18%

18%

143/4

38%

*25

25

:

pfd ser 1950—20
2nd pfd ser '50 called

21

1,6%

14%

25%'
«

93%

116

203/4

*6%

/

18%

<

*21%

1

common

2nd

conv

Sunshine Biscuits

July :13
July J3

5

17

5

20

116%

Sutherland Paper Co common
v
4.40% preferred

165

Jan

17% Nov

Jan

8 % Jan

14

116%

100

203/4

j

14%

38%:

♦,

73%

preferred series A
■

Sunshine Mining

July 15

81% Jan

73%

preferred—,

Sunray Oil Corp

•19% July 14

I

93

48 %

*

4

5

*90%

^73%

16%

26

25

par

20%

16%

.19

.

37%
-

9%
92

20%

143/b-

26%

7

38%

.

9%'

_No par

common-—

4%%

39

9%

'

16

Feb

7% Feb

A

18%

38%

_1

50

41% Feb

111% Jan

17%

17%

par

Superior Steel

16

16

1

-

20%;
16%'

16%

37%

*715

14

15

25%

25

11

4% Sep

26%
37%

Superior Oil of California—;

Dec

97% Jun

33

Class

.

2

86

Sep 30

Oil Co

19%

26

Cdrp—
LNo
Corp common!$4.50 serites A. preferred
..No

5%%

40

21

Sun

*19

20%
r

143% J !4%
*19
19%

37%

Chemical

3

18% Dec

2

Suri

5 % %

44%

13

16%

14%

SUnbeam

4%%

Jun

20%

16%

14%

17% July 22

111% Janai

35% Jan

-8

20%

16%

—10

Co_,

Corp——

,,

*

82% July
7
10% Mar 29

30% Jan:11

100

Jun

20%

1
20

_No par

Stromberg-Carlson

23

816

4

13%, Sep

Stone & Webster—
Studebaker

21% Jun

8

22% Jan

-

23% May 10

4

22

f

.8

25% Jun

11

Jan

t

20% Apr 19,

.

7

Dec

10%

.

May 12

.Feb

118 ;

20y4 Jun 28

520

10

5
..—5

Corp

Stix Uner & Fuller Co

Stokely-Vart Campf Inc common
:,5%.. prior, preference—

76% Mar 15

"24% Jan

Sep .14

Feb

95

4

H7
Jan
6
,.21% Mar 25

7

19% Sep

,

'
.

6

Jan

39% Apr 28

.

Feb' 1

18

29

23% Sep
.

19 7/4 July 15

11

68 y2 Nov

I

15% July

-

14V2 Apr 28

ay8 Sep
92
Oct

July

Stewart-Warner

2l
23

8

Jan1;

Mar 25

10% Mar 13

23

26% Jun. 10

110

20

17% Jan '

28%

-

20

Jan

;

16% May

12

18% NOV

-16% July 1
20% Dec 15

.

22

.

4

16% Mar 11

.

5%- eonv

prior

Coach

Twin

*45

preferred;—.—50

Co_

-r

1

10%

1
—No par

-

17%

17%

111

17%

173/8

112

111%

16%

16%

16%

45%'

45

45

21%

22%

22

60
20%

61%

*60

21%

21

213/e

21

15

15

15

15

15%

♦45

46

*45

46

45

45

*44%

103%

10%

12

113^

.

.

46

10%

10%

10%

16%

16%

16%

*43%

45 y4

*43»/4

10%

223/n
•

62

22

*60

17%

112

11,400

1,100

16%

163/B

16%

45

45

45

22%

22

22%

62

60%

61

350

21%

21%

22

23,600

15%

15%

15%

•

,

6,100
200

7,000

2,600
100

46

11%

20,900

u
11% May

14

14J/a Feb

2

Dec 29

55% Jan

15

Dec

23

13 V4 Jan

8

7'% Jan

38% Sep

15

49% Mar 20

43% Jan

8

61% Jun

16

75 y4 Dec

70% Feb

16

10% Sep
26
7

19% Jun

21% Jan 25

9

110

Jan

2

97

Jan

3

87% Jan

8

85

Jan

7

Jun

18

100% Nov

6

99

Jan

5

37% Jun

10

4

15

78 y2 Jun

98

90

-

104 % Jan

38% Jan-

44% Aug 13

Sep
44% Jun

15

115% Jan

17

50% Jan

31% Apr

24

102 y8 Jun

3

15

4

105% Jan. 11

50% Dec ~21

100

5

6

Dec

17

100

July 21

13% Jun

16

107

Jan

15

61% Jan

23

31% Feb

23

4% Feb

Jan

2

Feb

4% Jun

23

5% Jan

112

94

Apr

103% Feb
141

July 12

51% Mar.

57

57%

57

58

57%

58 y4

4,900

85

83%

84'%

83

84%

82 %

83%

23,000

26%

26%

26%

26%

26%

26%

27%

4,600

109%

109%

109%

360

$3,70

series——No par

*92%

94

$3.50

series

No par

86%

87

$4

100

107% Apr

136%

138%

135%

137%

noncumulative preferred—-50

50%

51%

*50%.

51%

*503/4

51%

50%

50%

50%

503/e

28%

28%

28%

28%

28%

283/4

28%

28%

28%

28%

2,300

64

65%

60%

633/4

61%

62%

60%

62 Vs

60%

61%

28,100

105%

105%

*104%

*104%

105%

100

25%

245%

24%

25%

25,600

4%

66

13%

13%

13%

13%

13%

13%

133/a

133/a

3,200

United

Engineering & Foundry

5

13%

14%

14%

15%

14%

14%

14%

15%

14%

15%

14,400

49%
30
36%

50%
30%

49%

50

49%

49%

49%

49%

50%

54,900

30

30%

29%

30 Vs

29%

30 Vs

293/4

30%

36%

36%

37%

37%

373/a

37>/4

37 y4

37%

37%

13%

14

13%

14

13%

14

133%

14

13%

14

11% Jan

Sep 28

58% Jan

31% May 24

3

11% Jan

12

2% May 12

1% Jan

4

15% July 20

1

Dec

10

46

Sep

14

5

49% Jan

8

67

95% Sep

101% Dec 23

100% Jan

12

107

Sep

15
14

103% Oct

13

Jun

9

22

159

65

Jan

31% Jan

5

120

Jan

20

175

Mar 16

15% Nov 27

68

r

30

footnotes




Feb

see

page

4

1

July 13

30%

of

America

$4.50 preferred

Nopar
United Board & Carton Corp—_10
United

United-Carr

:

—No par

Carbon Co

Fastener

United

United Fruit

No par

Co

United Gas Corp_

10

United G^as Improvement Co
13%
United Merch & Mfrs Inc__—;
1

1

U

Jun

15

Jun

18

11

174% July 23

25

182

Apr
18% Jan

62|% Jun

4

28

S

&

$4.50
U

U

S
S

7%

21

54 % Mar 1 I

24

Biscuit

Jun

14% Mar 17

9

Preferred 4%%
United

United Park City Mines Co

175

Jan

Air Lines Inc common

3

2% Jun

114% Jan

35% Jan 23

56% "ov

22% Jan

26

37% July 21
14 %

1,300

66

5%

United

104

30

6,300

13 %

2

13% Mar

Nopar

new

137

13%

16% Feb

29

Co

Aircraft Corp common—^_5
convertible preferred
loo

135%

43,100

5

28

11% Dec

Tank Car

134

45 3%

Electric Coal Cos

6

53% Apr
32% Jun

137%

50

100

United

11% Dec

4

136

Pacific RR Co common

45

22'

6

72

13

136

~70

Union

100

30

80% J*ni

28

45% Jan

45%

100

3%
72%
5%
9%i
66

29

27% Jan

45

*98%

3%
72%
5%
9%
66

Jun

14

45

No par

12

10

100

433/4

443/8

Cig-Whelan Stores com—30c
$3.50 convertible preferred
100
United Corp (Del)
1
United Dye & Chemical Corp com_l
7%
preferred
100

20

63% Jun

Mar 27

♦98%

43%

*98%

31%
106
15%
63
36

8

4

100

44%

series

96%

6

Apr

86%

31%
*105 .
15%
62%
36

4% Jan

14% J*n

86%

96%

17% Jan

May 25

87%

No par

38% May 26

8

*86%

series of 1952-100

27

4

4

87%

235/8

12

4% Jan

*86 y4

♦io4y4

25

70% Apr 29

94%

24

Jan

27

*92%

104

3% Feb

5

1

109%

94%

23%

17% July 21
70
May 27

Jun

109%

*92y2

43%

98% July 23
Jan

86

109 V*

94%

10

25% July 21
40

109

*92%

*98 %

3

11

110

94%

25

106% Feb

July 23

110

110

86

*92%

.-Nopar

Union

6

58

Oil of California

United

10
Sep 30
727/b Nov 13

37% Feb

57%

573/4

&

Union

1

2

30

1,400

Preferred

24

50% May. 24

15

23% July 22
30 y4 Jun 17

4,600

8%

Preferred

7

Jan

44

2,400

<29%

8%

Elect Co of Mo common
10
Preferred $4.50 series—-_No par

Feb.15

10% Sep

24

13%

28%

8%

83%

27% July 23

May 12
10% Apr 19

5% Feb

12%

29%

8%

26%

24

57% Jan

29

49

12%

29 y8

56%

30

14

18

86

4

104% July 23

24

67

12%

83/4

86

29% Jun

27

11

3% Apr

123/a

29%

8%

26%

67% Jun

87% Jan

16% Mar 20

25% Sep

12%
28%

8%

84%

Jan

21% Apr 27

21

48% Sep

12%

28%

8%

20

Bag;& Paper Corp
Carbide

May 14

103% July

39% Dec 23

31

12%
28 %

8%

Union

48

32% Mar 25
104% Jan 30

21

87

12%
28%

8%

26%

Union
Union

89

45% Jan. 11

29

33% Sep

21% Dec

12%
28%

5

Carbon—_No par

9

July 12

59% July

26

106% Jan

-

Union- Asbestos &. Rubber Co

6

Jun

82% Jun

.

9% Mar 11

Preferred

18

24 y2 Mar

16

4

U

S

(The)_l

Foreign Securities
1st preferred

Freight Co
Gypsum Co common

preferred

—

Nopar
Nopar

No par
20
:—.—100

Hoffman Machinery com

4%%

preferred

—L_

5

100

1

1%
63%
64
*105
107
30%
30%
169
171%
*176% 179
16
16 %
61%
61%
1%

97

25

24%
97%

97

31%
♦105

104

98

98

106

-

25%

98

98

31%

31%

31%

31%

*104%

313/4
1D6

105%

*104%

105%

27

104%

...

98%

1,200

31%

11,600
300

104%

'

16%

16%

17%

17%

17%

16

17%

8,600

61%

61%

61%

62

61%

62

63

63%

2,400

*35%

37

*35%

37

*16

•

*35%

37

3%

33/4

-3%

33/4

72%

72%

73%

73%

5%

5%

5%

6

9%

9

9

9%

*65

67

*65%

9%

1%
63

107

29%

11%
63%

1%
63

63%

107

♦106

108

30

30

30

165

168%

164%

1763%

179 3/4

*177%

*15%

16%

61%

1%

«•

"

*16

61%

1683/4
179

3%
♦73

5%

*35%

3%

3%

*73

74

5%

6
-

49%

l5/8
64%
*106

*29%
167

*177%

16%

15%

61%

*61%

9%
67

1%
64%
108

30

170%
179

15%
62

*9%
*65

1%
64%
*106

293/4
172

*177.%

300

36

4,00

3%
74

50

6

18,200

93/a
67

13/4
65

108

1

600
80

19,200
3,900

17,400
6,900

4,200
10

29%

600

1743/4

2,700

179

340

*15%

16 y4

500

615/8

615/8

170

I

<

24

The Commercial and Financial Chronicle

(368)

Lowest

Highest
22% Jan

23

13% Mar 17

22
26

14

40% Mar 17

57'/a Dec

11

64

22

Oct

23

70

7% Oct

Sep

8

22

Jan

U

17 y8 May 25

24

8% May 25
593/8 juiy 22

U

3

68

U S Playing

11

32% Feb

2

24

Oct

26

853% Jan

5

70% Jan

7

9

973/4 Apr

6

79% Jan

13

89% Apr

23 Vi Aug

31
18

31% Jan

2

29% Jan

11

U

37% July 23

Jan

134% Jan

1443/4 Mar 11

82

May

150% July

6

Pipe

8

Plywood

preferred series B

U S Rubber Co common

8%

7
U

S

6

67 % Jan

2

37% Jan

4

Jun

3

Dec

31

663/4 Feb

2

543/4 Jan

13

61% Jun

29

15

44% Jan

5

39

Jan

11

55% July 23

143

Jan

4

156% July 19

16% Jun

24

35

Jan

26

7

Jan

4

9% Mar 19

63/4 Jan

4

90

Mar 18

73% Jan

5

4

Mar 19

1% Jan

4

1% Jan

7

United

11% May 12

17% Jan

7

4%

Aug 31

144% Jan

28

17% Dec

10

213% Feb

26

35 % Dec

4

393/4 Nov

9

6% Jan

2

18'A Feb

7%
U

7%

common

56%

59%

67%

66%

663A
27

.58

.

300

26%

26%

26'A

79

*77'A

80%

*77'A

80'A

*78

*88

89

89

89

*88

89

36%

36'A

36%

37'A

36%

37%

36

47%

50

58 »/4

58»A

51 >A

52%
156

48'A

48

57'A

58

513A

51%

52%

156%

155%

156 «/4

17%

173/a

17%

147

49%

58%

155'A

»/4

49'A

50 3/2

-

173A

17 »A

No par

148

147

♦57'A

49'A

156

...100

147'A

147

148

36%

173/s

48

10

1

147%

690

6,900

47%

48%

57%

57%

700

54'A

54'A

55%

155'A

155'A

155%

17'/a

17%

6% Dec
•

22

72% Dec 30

1%
15

Dec

31

Dec

31

4,300

17%

22% Jan

14
15

27

1% Nov

Sep

29

Sep

3

Feb

17

14

Feb

2

19% Dec

30

61

Jan

7

68% May 20

28 % Jun

10

35% Dec

30% Sep

15

45% Mar 23

155

167

18

38% M*r 16
9 %

Stockyards

noncu

*8'A

8 3/4

8%

11%

10%

'

12

Jan

18

154

27% Jun
165

Jan

71

5

8%

Corp

Pictures

23'A
70

693A

No par

Co

39'A

39%

39

62 3/4

63%

61'A

13

67% July 22
39

Vanadium Corp of America—No par

4

13% Jan

7

30% Feb

Van

5 % Dec

29

10% Jan

6

5'A Jan

4

7% May 19

23% Apr

6

31% Dec

29

30% Jan

8

413% July 22

3

127

Apr

13

24% Apr

28

29

Nov

30

88

92

July 17

Mar 20

26% Jan

92

157'A

157%
23 3A

13/4

2,600

l7A

27%

28:

26%

27

*156%

158

60

♦156%

24%

23%

70

70'A

*69'A

39

393A

63

62

65%

158

39%

5,500

■

11%

113/4

11%

113/4

11%

11%

11%

29%

293/8

29%

29 3/2

29%

29%

293A

89

4

Jan

63/4

6%

6%

6%

63/4

6y8

6%

6%

6%

Jan

4

2.50

383/4

40'A

41'A

413/4

41 iA

41%

5,500

Vicks Shreve & Pacific Ry com__100

*132'A

noncumulative preferred—100

*134»A

5%

Jan

4

139% July 20

22% Jun

23

273/4 Nov 17

27

Jan

11

112% Jun

2

32% July 20
115
Feb 18

1143/4 Nov

12

92

July 20

1003A Dec

24

92

Jun

3

100% Oct

30

101% Jan

25% Dec

31

353/4 Feb

25% Dec

99

102% Apr

39

40

40

41

3/4

*132'A

*132%

*132%

*132'A

19

2

25% Jan

4

30% Feb

28

30

Feb

19

25% Jan

4

28

Feb

64

Dec

7

57

Mar 25

14% Dec

7

18

Mar

4

13

May 17

22

30

Jan

15

26% Apr

6

Jan

100
100

preferred

7%

*95

97'A

*95

97%

27

28%

28'A

3,«00

——

139'A

138'/4
32'A

.

1143/4

*99

99

29%

26,300

139%

1,900

32%

32 3/8

32%

6,400

*114'A

114%

28 y8

137

139

J14

114

II41/4

114'A

*99

100

*99

100

105'A

103'A

104

102'A

102'/a

28'A

28'A

28%., 28%

25%

26%

26

26'A

67

63'A

65%

283/4

283/8

28%

26'A

26

26

66'A

66'A

65'A

65'A

*65'A

67-

13'A

13'A

*13%"

13%

*13%

13'A

29

*27%-

29

*273/4

28%

63%

63'A

♦63'A

63'A

*63%

64

•63'A

11%

12

*11%

12

*11%

12

*11%

25%

•25%

■

28 '/a

28%

25%

r

26

-

r

*65%

100

104

*102%

'25%

*273/4

330

100

*99

25%

20

27%

..

137

*28 '/8
-

3,100

;

973/2

100

*104

104'A

10

—

34

*95.

323A

32%

114'A

—

333/4

97'A

27»A

139'A

32%

313/4

*132'A

•

34%

*95

28'A

136

31%

104'A

—

4

33%

132'A

114'A

99

Virginia Ry Co common
25
6% preferred
L—..25
Visking Corp (The)
5
Vulcan Detinning Co common
10

71% May 19
16
Feb
1
29

dividend preferred

34 %

137

114

.—

*34

27%

31'/«

$4.20 dividend preferred

9

5

26%
*135'A

100

$4.04

B
11

36% Mar

preferred

$5

34%

97'A

10

com

*132'A

34

*132%

*95

100

Power Co

132'A

34%

34'A

100

div partic preferred

6%

Virginia Elec &

8

105% Apr

July 19

5

preferred

3'A%

293A July 23

123

«

3,900

Va-Carolina Chemical com—No par

20

8

'■

-

1,200

6%

Victor Chemical Works common

8

:

33,500

113/4
293/8

330

13%

13%

28'A

*273/4

64

63 »A

11%

25

'

25%

60%

700
400

63'A

11%

.

28'A

<12

3,900

13%

*273A

'

-13%

3,100

'

r.

61%

w
'

59

70% Mar

Sep 14

11% Dec

22

13% Mar 10

21% Nov 24

43% Jun
5

29% Jan

16

52

Dec

29

2

15

105

6% Sep
11% Sep

15

14% Apr

24
21

23% Sep

J*
*»r3

Jun

10

4
3

Jan

51

4

9

Jan

4

31% Dec
30

30

Mar 16

17% Apr
9
24% Mar 23

13% Feb 25
13% Mar 27*

Sep 14
Sep 15

Pictures Inc

Warren

Wash

Waukesha

4

No

Water Power

Wayne

12% Jan 25

Snowdrift

Oil A

Wesson

17% Feb 14

20% Mar 18

West Indies Sugar Corp—

14

17% Jan

West

16

Dec

32

30

39% July 23

July 20

$4

July 19
25

Jun

9

373/4 Feb

36% Jan

11

98% Jun

17

107% Jan

104% Jan

4

111% Apr

88% Jun

18

102

Jan

15

99

Jan

7

9

99% Jan

15

96

Jan

7

102

12% Nov

5

16% Jan

15

9% May 20
23% Jan
4

21% Npv
104

Sep

253/4 Dec

5

29

109

21

Jan

5

8% Sep

15

12% Jan

8

15

57% Mar 11

43% Apr 27

20

Sep

14

37% Mar 25

45

Jan

2

63% Mar 25

46% Sep
90

67%

14

May 14

126

100.

Lines

3

50% Jan

6

75% Jun

25

993/4 Jan

12

98% May

5

102 % Feb

15

Westinghouse Air Brake
Westinghouse Electric com
3.80% preferred series B

15

40% Mar 17

14

86% Mar 24

243/4 Dec

14

30

Jan

8

23

15

30% Dec

21

127

Mar

4

127

May 14
30% May 4
82% Jan
4

373/4 July 23
89

27

Jan

11

26

27% Feb

25% May 10

Feb

8

36% July 15

85% Mar 15

93 % Jun

Elec

Inst

12% Jan

15

21

8

32% Apr 13
30 % May 27

11

11% Mar 26
74% Mar 10

5

5

Jan

4

21% Mar

Mar 19

7

87'A

88

87%

18'A

17%

18

14

*101

42%

110

.•

103

l

43%
111

,

43%..

•109

103

i

111

103

*101

101 »A
11%

323/4

.

.

r

31%
106'A;.

"■
,

,

-

103

101%

32 y4

30

7,900
3,500

24%

24%

24%

47'A

47%

800

57%

58'A

12,200

24%

24

24%

47

47

47'A

56%

57

58

58

106

47%

573A

58%

10
12%
100

43

24%
68%
*101

23%

.

85%

102

24

102

*101 y4

;

8

26% Mar 19

4

21% Jan

26

42%

43

43

43%

43%

45

45%

453A

29,100

24%

24'A

24'A

24%

24%

24%

24%

15,500

71%

37,000

69%

68'A

69 y8

68%

693/a

68%

70%

101%

*101%

101%

101%

1013/a

101%

101 y8

23'A

23'A

23%

23%

23%

*23%

233/4

*127%

*127'A

*127'A

70 »A

102%

35

35%

36

36

37'A

86

85'A

86%

86%

87

37'A

27 y®

27%

27%

27 'A

273/8

273A

•27

27%

500

35.%

36

35'A

35%

35%

35%

36

36%

36

36%

8,100

*91 Va

91%

91

91'A

91

91%

91%

91%

6 Va

6'A

6%

6%,

20

*22 »A

22%

,223/8

22 «/8

21%

8%

No par

&

70

Co—

Co

Jan

22

73% Apr

12

9% Apr
31% Jan

7

12% Feb

19

16

7

51% July 12

Winn

24% Jun

17

29% Oct

5

28% Jan

6

32% July 19

Wisconsin Elec Power Co com

Apr
16% Jun

24

135

Jan

2

21

142

10

19

% Dec

22

18% Jan

8

21

36

Sep

21

53

Jan

2

39% Jan

14

42% Dec

22

48

Jan

30

26

Sep

15

75

Sep 10
Sep 14

_

35% Mar 17
86

Mar 19

130% Mar 16

137

Jan

77% Jan
116

Jan

Apr

1

July 23

.

'July 21

l

37

23'A Apr

1

21% Jan

May 21
27% Apr 13

53 % Mar

9

51% Jun

60% Apr

20

25% July 23

15

12

Jan

72 3/4

72

72%

'

Woolworth (F W)

Co

10%

9%

10%

10

10

800

49 %

49%

49%

50'A

50

50

4,900

32%

32'A

32'A

32'A

313A

32

31%

32 y4

31%

32%

4,100

140%

138 Va

140%

*138%

140%

20%

20%

20% ;

*52'A

53%

53'A I 54%

*138'A

140%

♦138V4

203A

20%

20'A

20%

53

53

52%

53

—10

43

43%

43%

43%

48 »A

47%

43%
48%

43%

47'A

47%

48%

87%

87

87 y4

87%

87%

87 %

Corp

I

par

100
100
par

176

»A

176

176

176

176

177

43

43%

25,500

48%

16,200

87%

87 y4

176

176

87%

873A

87'A
8

88

87'A

87%

87%

8%

7%

8 v»

47'A

47'A

47'A

24%

24%

55'A

21%

46%

471/2

471/4

49%

49 »A

51%

50%

13%

13%

13%

13%

13%

133/4

13%

Zenith Radio Corp

No par

70'A

71 %

70

70%

71

72'A

Tl%

1

6'A

6%

6%

6%

Oct

28

8c,/ Jan
5%

13

8

63% Jun

9

73%Ap* 14

4% Feb

26

7% May 20

Jan

56

no sale on this day.
x

July 23

Zonite

Products

Corp

6%

tin receivership, or petition has been filed for the company's reorganization,
y Ex-rights.

Ex-dividend,

88%

1,200

8%

8 >/a

8%

6,600

21%

No par

11% Jan

88%

24%

56

,88 'A

8%

Youngstown Steel Door

38

2

150

120

174

174

~

213/4

16% Jan

1,800

47

21 y2

31

6,500

55%

88

22

Dec

20

>

21

48

21%

11

May

50

'

55

43%

Young (L A) Spring & Wire.No par
Youngstown Sheet & Tube
No par

5

preferred

1

20%

47'A

55

convertible

*

138%, 138'A

43%

543/4

Mfg Co

20%

*87

55

13

300

*ioy4

55

34% Jan

72'A

ioy4

471/4
24%

47% Jan

72%

16,500

49

24%

14

3,100

9y»

10%

10

Service

Corp common

4%%

8%

47%

46'A

13

300

22%
23

23
,

10'A

243/4

Towne

5,900

49%

473A

&

72'A

*72%

290

6%

483/a

24%

York

9

*

*103/4

47

31




223/4

83/4

25

Sep

distributed,

22%

223/4

8%

8%

34

wd When

22%

22%

83/4

8

20% Dec

as^ed Prlces:

22%

22'A

5

9

cash sales,

*22 y4

8%

13% July 15

6% Jan 22

Jun

Apr

22%
22

10

1

Public

Yale

177

7

6%

1

887A July 23
8 3A July 15

4

72

6%

10

Co

Worthington Corp common—No
Prior preferred 4%% series
Prior pfd 4%% conv series
Wrigley (Wm) Jr (Del)
—No
Wyandotte Worsted Co

39% Apr

Sep 14

Jan

preferred

Wisconsin

72 3/2

63/a

100

Grocery

48% July 21
883A May 19

4

31

11% Mar 17

77

6%

Lovett

49

v

82

10

.

&

♦72

8 3A

9

6%

91%

91%

10

Co

Woodward Iron Co—

71% May 12
6% Dec 31

Dec

$4.25

Wilson-Jones

55% July 23
45% Jan 21

40% Apr 23
30% Jan

'
.

6

22%

Wilson

460

27%

2P/8

29

17,500

87 v*

86%

27%

5

Oil

9% Jan

800

37%

*23%

200

23%

•101

*my2

34%
85'A

35%
<86

common—No par

Wilcox

25

100

102

102

24»A

Inc

preference

18

Feb

6,700

43%

preferred

Prior

Jun

8

106

,

25

*1273/2
35

•101'A

102

3,800

?

52'A

47 y4

♦101 »/4

32%

50%

24

583/8

1,800

12 y8

*11%

50

47 >A

102

70

10%

24%

*101

8.600

10%

473A

,

C

i.

•105'A 106%

473A
57 y8

4,500
3.600

110

..

•100%

32 %

t

'

'
,

43%

43%

*101

11% ,• 11%

.

:

21,800

1,150

14%

110

*100'A 101%

11%
32%

11%

*

323A

43%

*101

101%

11%

11%

103

*100 >A

101J/2

11%

*14%rto,J v.: 14

*100%

*101

32%

.,

*100 J/2

18%

14

i,4Qo
400

'

89

I8'r<l

»..

17% >18% ; '

14%.

*110

2,100
:

39%

183A

42%

110

3.000

.

;

88

87%

87%,

800

4,500

■'

:

37

--

14

1

43

109'A

42%

42%
*109.

,87'A

12

!.

3,000

2b, 700

■:

21.%
13

18

14%

:

21%,
12

36% U 3%%

24

White Sewing Machine common—1

15

r

89

I

;

100

13% Jan

3 /a

88

37 : ;

>

361/4

12%

;

12%

100

preferred

35% Dec

47

36%

15.%

/

:

9.000

1

31%

■

.13

12'/»

18,400

34%

,

21'A

;

13

49%

12.50

Corp

5

16% Sep

35%

14%

21%

"

49'A

10

6

101

35%

18

13

49%

100

24% Jan
126

36

14%

2J%

12%

35 %

'

*

*

28%

.15%

,

80

15,400

27'A

;31%.

;*

3,700
•

17%

>27%
35%
!34%,

•

4% Dec 20

8% Nov

*12

ia%

483/4

Wheeling Steel Corp com
No par
$5 conv prior preference—No par
White Dental Mfg (The S S)
20
White Motor Co common
1
5%%

12%

,

7

48 3A

Whee.lng & Lake Erie Ry—.—100

3

13%

20%

_

13

12%

49

2nd

V Preferred series A

Weston

20%

20%
*12

.

49

preferred—100
Western Pacific RR com
No par

37% July 22
129% Apr 26

13'A

>■

18%;

.

10%

Western Maryland Ry common

Western Union Telegraph

18% Mar 17

20%

13

31%

15%

i

19

19

4

20%

(3*»A

34%
31%: 31%
15
: 15%
:

10%

19

Co

453A July 23

May

15%

*34%

31%

31%

15'/4

34%

.

v

5,300

12 ye

:17
•
26%

27'A
35%

.

103A

1

Inc

26 Vs Apr

22

31%

34%

15%

34%

35 y2

10%

53% Jan

Mar 11

11%

27'A

;

27 y4

35%

10%

26 % Jan

58% July 15

34%

35

27%
«

10%

Air

104

35

_26'A

103/s

Auto

noncum

35'A

10%

Western

4%

'J

106 »A

Western

Supply

27%

35

106 'A

103/4 July 21

11

26%

26%

101 y2

'

*105%

•

96% Jan

27%

101%

-

700

2,900
2,100

<

21 %

*21

-■
•

-17y.Y

106 »A

52% July 23

Apr 28
41% Apr 26
49% Jun
9

17

*105'A

—100

1

22

17%:

10

preferred

%

4

30% Sep
80
Oct

63% Oct

4%

4

4

14

183/4 Sep
73% Sep

preferred series Bi;

preferred series C——100
Virginia Coal & Coke
5
West Va Pulp & Paper com
5

52% Dec

10

21% Dec

4.20%

35% May
22% Jan

Jan

Sep

1

99% Sep
2
48% Aug 13
29% May 18

37% Feb 18
22% Dec 30
39% Sep 15
91% Jun
1
16% Jun

Mar 16

Mar

12 Vs

12

27'A

353/4

*12

par

West

33% July 16
110

preferred—No

4.10%

1

13% Mar 18

105% May 20
8% Jan
4

43% Sep

Mar

5

convertible

Kentucky- Coal Co
£
4
West Penn .Electric Co——Nonpar.
West Penn Powert4%%
100

104% Mar 31

89% Jun

43% July 23

101%

300
«

-

6%

6%

'213/8

17:

*

6%

21

101

i

11%

26'A
-

15

com__2.50

24% Jan
77% Jan

1:89

6'A 1

63/4
102

11%

27'A

27

273/4

31%

5

84% Feb

•

17

34%

par

Mills

Knitting

28% Feb

,

16%

-

*100%

-

-

-61

*

Wayne Pump Ca
—.r_1
Webster Investment Co
5

293/4 Jftp
28% Jan

5

17'/a

21%'
102

60%

2i%1 *

21

12%

35%

5

1

5

11%

26%

-No par

Co__

Motor

'4»

,

123/8

273/4

3

17% NOV

<

21 «/4

*100'A

v

60 >A'

6 »/2

6%

21 »A

1013/4

17

No par

73% Oct

1

6%

7'A

•60%

12'A

1

Pipe

Petroleum

16% Jun

4

&

Corp.,.
Washington Gas light Co

21% July 23
13% May 24

5

60

21 3/8

5

Inc

Foundry

34% July 16
32% July 16

13% Jan 4
19% May 14

59%

'

'

Warner-Hudnut
Warren

July 19

37% May 24

14

10% Jan

Bros

60'/4

25-

25%

100 3/8

1

—100
—1

Corp

27% July 16

30% Jan 12

9% Jan

preferred

25'A

63A

2.50
common—

25%

60

_No par

Co

35

4

25% Jan

Warner

25%

10

G & W

(Hiram)

Wardell

par

.—

Baking Co

'5%%

3

173/a July 16

19

30% Jan

Ward

100

_No

Co

Walworth

12% July 15

11

13% Jan

Feb

104

19

17

Walker

8% Mar 30,

preferred

System

Walgreen

4

24% Jan 27

4

Jan

3

61% May 18

4

100% Jan

Waldorf

Mar

26% Mar

5

5% Jan
19% May

Wabash RR 4%%

13

113/4 Apr 30
24
Jun
3

25% Jan

37% May 14

9

68% Mar 18

Mar 26

33% Mar 19

Sep 14
Sep 14

21% Sep

Feb

60

17% Apr 16
18% Nov 20

15

18% Dec 28
8

27

May 12

9% Mar

28% Sep; 14
29

22

Feb

25

Sep

9

Dec

9

18% Jan
98

2

*55

6%
a

21'A

6»A

Deferred delivery.

*

47%

46

47%

23%

54%

55

23%

23%

25%

54%

54%

56

13%

13%

133/4

72%

72

72%

5,200

24%

'

24%
55%

-

7

-

11,800
700
•

3,100

4,100

'7%

7

6.000
133.900

16,900

,

1

.

i

:

i.

2,500

66%

65'A

1

.

130

393/a

39'A

67%

.

71 ;

*69%

71

66

23%

23%

24%

39

11%

Co

:

■

3,100

293/4

Chemical

.:

•:

500

27'/4
263/4

70

233/a

*1%

13/4

27'A

25'A

v.

158

S

'

4,300

13A
is y8

39

'

.

13/4

•15'A

:

253/4

158

130

•

1%
16'A

13A
28 -

25%

92
1

1%
*15'A*

113/4

6
95% May 26

25% Jan

Jun

157

*91%

29'A

Raalte Co Inc

Vick

July 14

130% Jan

27

92

j •'

18,200

Vertlentes-Camaguey Sugar Co__6'A

35% July

4

15
5

'

3,900

-

10

132% July 21

124% Mar 26

28

Jun

9'A
11%

2.50

Van Norman Co

10

Sep

106

9
11

9

■

125 % Jun

!

40

35 »A

35%

:il%

1%

*27

v

25%

23

70

113/B Jan

16% Oct

28'A

25'A

23

28% Jan

112

11'A

16

1%

1%

*27

25%

1

36% Jan

131

1%

1%

28'A

25%

100

Co Inc com

preferred
Power & Light

17% Mar 23

Mar 26

1%
*15 »/8

157

323/4 Mar 25

126

13A

16'/8

100

4'A%
Utah

*1%
*15'A

*27

•—1

com_No par

8

Mar 19

*35'A
•V 8%

-

93

92

92

13/4
16%

13A

1

_

X92

94'A

1%
*15'/«

50

preferred

Universal

July 13

39% July 15

34% Jan 21

American

Universal Leaf Tobacco

7

*92'A

par

preferred

Universal-Cyclops Steel Corp

1

24% July 21

18% Jan 11

preferred—No

Wall Paper Inc common—2

convertible

Universal

3

30% Mar 11

8

63% Jan

$6 convertible

July 21

2% Feb

4

26% Jun
22% Jan

93

22

128

111

36'A

8%

11'A

8 3A

11%

;

36

36

8%

10%

11% Dec

May 29

36'/a

36 3/2

1
2d pfd-5

Corp

United 8tores $4.20

363/4

*36

noncumulative preferred—25

7%
United

July 23

11% July 14

27% Dec

125

i

'

1% Jan

3 % May 13
32% Dec
9

23% Dec

;

'

29% Mar 12

17

*

i

2,400

17 %

!

'

\

126,400

'

8% May 25

»:■

28,500

58

155

1

130

37%

147%

V 49 %

52%

"

26%

37%

147

*573/4
,

26%

j

6,000

80%

89

26%

!

9,300-

vj

t

68

79

26%

;

'
!

58%-

4

*66%

89

50

preferred

U 8 Tobacco Co common

11

57

663A

89'A

No par

_

Corp

56%

80'A

27 'A

„

8'A

26%

146'A

preferred
Steel

S

6,200

16%

*7%

*79

100

Smelting Ref & Min com

Oct

33'A Sep

16%

8%

16

57

*67

Shares

16'A

♦73/4

8%

68

553A

57'A
68

*73A

July 23

v

*88'A

5

preferred

1st

noncum

*73/4

16'A

16

8'/a

!

1

_

preferred series A

33A%

*73/4

8'/a

57

16 ya

16

16

Sales for

July 22

the Week

Friday

Thursday

100
100

common

3%%

54

135

Corp

7

July 21

*66'A

10

12

37

54

10
20

Card Co

Wednesday

July 20

16

Monday, July 26,1954

.

SALE PRICES

Tuesday

July 19

1

common

Foundry Co

&

HIGH

Monday
Par

preferred

4

593/4 Feb

July 16
283A May 28

S

Co

36% Jan

74% Nov
127% Sep

Lines

S

4%%

6

Mar

STOCK

YORK

EXCHANGE

Highest

7% Feb

34

NEW

Range Since Jan. 1

Year 1953

13 'A NOV

LOW AND

STOCKS

Range for Previous

.

CtatliiMt—Pag« 12

NEW YORK STOCK RECORD
Lowest

.

'Sj1*; IV,

'

■

■

1

'

|

Number 5345

Volume 180

The Commercial and Financial Chronicle

...

Bond Record

New York Stock Exchange

«c»
FRIDAY

The

italic

letter*

WEEKLY

-

the column headed "Interect Period"

in

YEARLY

•

Indicate in eaeh

Figures after decimal point represent

on* or

the month when

case

more 32nd* of

a

Lowest

Highest

99.24 May 12

Feb

108

Mar 25

Highest

Feb

16

19

102.4

16

Feb

19

Feb

108

Mar 25

94.8

98.29 Feb 15
95.20

15

98.29 Feb

95.206X23

Oct~23

99.14 Oct 23

99.14 Oct 23

July 19

EXCHANGE

104.16 Dec
102.4

94.8

Monday

NEW YORK STOCK

Range since Jan. 1

Year 1953

99.20 Feb

15

99.20 Feb

15

Low

AND

Low

High

HIGH

SALE

PRICES

Wednesday

Thursday
July 22

July 21
Low

High

Low

High

Friday

Sales for

July 23
Low

High

the Week

High

Bends <$)

*111.4

111.8

*111.4

111.8

*111.14

111.18

•111.14

111.18

*111.14

111.18

*101.17

101.20

*101.17

101.19

*101.17

101.19

♦101.17

101.19

*101.17

101.19

-1956-1959

*104.6,1104.10

*104.6

104.10

*104.6

104.10

*104.6

101.10

*104.6

104.10

*104

104.4

*104.2

*103.30

104.2

*104

104.4

104.6

*104

1958-1963

*106.14

106.22

*106.14

106.22

*106.14

106.22

*106.14

106.22

*106.14

106.22

1960-1965
1956-1958

*108.24

109

*108.20

108.28

*108.20

108.28

*108.24

109

*108.24

109

*102.11

102.13

*102.11

102.13

*102.12

102.14

*102.12

102.14

♦102,12

102.14
103.15

1961

*103.13

V

104.4

103.15

*103.12

103.15

*103.14

103.17

*103.14

103.16

♦103.13

1961

*102.10

102.14

*102.8

102.12

*102.10

102.14

*102.12

102.16

♦102.10 102.14

.1962-1967

*101.18

101.22

*101.16

101.20

*101.24

101.28

*101.22

101.26

♦101.20

.1963-1968

*101.6

.Dec 15

1958

101.24

101.10

*101.4

101.8

*101.12

101.16

*101.12

101.16

*101.10 101.14

.June 1964-4969

*101

•

101,4

*101

101.4

*101.6

101.10

*101.4

101.8

*101.2

-Dec 1964-1969

<100.30

101.2

*100.30

101.2

*101.4

101.8

*101.2

101.6

*101

1965-1970

*100.26

100.30

*100.26

100.30

*100.30

101.2

*100.28

101

*100.26

100.30

1966-1971

*100.20

100.24

*100.18

100.22

*100.24

100.28

*100.24

100.28

*100.22

100.26

1872

*100.10

100.14

*100.10

100.14

*100.20

100.24

*100.18

100.22

*100.18

100.22

Sept 1967-1972
Dec 1967-1972

*1*00.12 100.16

♦100,10 100.14

*100.20

100.24

*100.18

100.22

*100.18

100.22

*100.19

100.14

*100.10

100.14

*100.20

106.24

*100,18

100.22

*100.18

1957-1959

*102.18

102.20

*102.18

102.21

*102.19

102.22

*102.19

102.21'

♦102.19

102.21

1958

*102.23

102.25

*102.23

102.26

*102.25

102.28

*102.25

102.27

♦102.24

102.26

1956-1959

*101.26

101.28

*101.26

101.28

*101.27

101.29

*101.27

101.29

♦101.26

101.28

June 1967

'

June 15

*101.4

101.6
101.4

100.22

101.8

*101.2

101.6

*101.6

101.10

♦101.6

101.10

*101.4

101.8

*101.2

101.6

*101.6

101.10

*101.6

101.10

*101.4

*100.20

100.22

*100.21

100.23

*100.21

100.23

*100.21

100.23

*100.21

100.23

Dec 1954-1955

*100.20

100.22

*100.21

100.23

*100.21

100.23

♦100.21

100.23

*100.21

10C.22

*101.4

Dec 1959-1962

__

Bank

„_

101.8

1954

June 1959-1962

„

Dec

International

Tuesday
July 20

-1955-1960

-1978-1983

Treasury 3V«s
Treasury 27/aS
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%$
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2y4s
Treasury 2y»s
Treasury 2y»s

Treasury 2s
Treasury 2s

the bonds mature.

point

LOW

GOVERNMENT BONDS

Range for Precious
Lowest

25

(369)

'

:

101.8

for

Reconstruction & Development
90.16 Jun

17

94.16 Jan

2

94.8

Jan

7

91.25 Apr

16

94

July 20

93.8

Jan

4

92

15

96

Nov

94.24 Jan

6

98

Dec

1

101

Oct

26

101.24 Feu

100.24 NOV

4

101.16 Jan

13

101.20 Feb

1

Jun

95
July 2
97.16 May 12
100.16 Nov

30

4

101

Feb

100

Jun

9

Jun

16

102

Apr

15

30-year 3 V4S

Oct

2

102.8

Apr

6

104.12 Mar 10

23-year 3%s
19-year 2%s

May 15

1

100

102.28 Feb

25-year 3s
25-year 3s_

24

1

Mar

1

1976

100
100.4

*99.24

*99.24

100.4

101.16

*101

100.8

*99.20

100.8

*99.20

1981

*101

100.4

*99.24

100.8
100.4

*102.8

*101

101.16

100.8

*99.20

*99.24

*99.20

101.16

*101

101.16

100.4

101.16

*102.8

102.24

1975

*102.8

102.24

*102.8

102.24

102.24

*102.8

102.24

Oct

15-year 3%s

15

1971

*104

104.16

*104

104.16

*104

104.16

*104

104.16

*104

104.16

1

1956

*103.4

103.16

*103.4

103.16

*103.4

103.16

*103.4

103.16

*103.4

103.16

of

*104.8

104.24

*104.8

104.24

*104.4

104.20

*104

1U4.16

*104

101

*100

101

*100

101

*100

101

*100

'

104.16

*100

1 1969

Jan

Serial bonds

101

1950

2s

due Feb

15

1955

due Feb 15

1956

*99.24

100.24

*99.24

100.24

*99.24

100.24

*99.24

100.24

*99.24

2s

due Feb 15

1957

*99

100.16

*99

100.16

*99

100.16

*99

100.16

*99

100.16

2s

due Feb

15

1958

*98

100

*98

100

*98

100

*98

100

*98

100

2s

due Feb

15

195g

*97.16

99.16

*97.16

99.16

__due Feb 15

28

;

2s

price. No sales transacted this day.

a Odd

lot

Period

New York Stock Exchange

or

Sale Price

transactions,

Cash

e

*97

99

*97

99

*97

99

*97

99

*97

99

1961

*96

98

*96

98

*96

98

*96

99

*96

98

1962

*95

97

*95

97

*95

97

*95

97

*95

97

sale,

York

New

Transit

3%

Unification

r

Registered

FOR

WEEK

ENDED

JG

New York Stock Exchange

No-

High

Interest

BONDS

Jan. 1

Sold

Low

Brazil

High

City

(continued)

,

Period

Week's Range

La&t

or

Sale Price

—

June-Dec

3%s series No. 20
—June-Dec

1980

105 7/8

105% 106%

33

98%

June-Dec

*82'/8

3%s series No. 21

106 Va

June-Dec
June-Dec

*89

*82%

;

.

No. 26—

Telephone

120

Government and Municipal

99%

H lo o £

*84

90

83%

assented

*84

90

75

85

sinking fund 7s 1st ser 1957-April-Oct

l957_April-Oct
1957—April-Oct

*84

90

75

85

*84

90

75

43%

57%

7s

7s

2nd

3rd

ser

ser

20-year 3s s f $ bonds 1978
Antwerp (City) external 5s 1958
Australia (Commonwealth) 5s 1955
Called bonds

Jan-July
June-Dec
Jan-July

,

10-year 3V4s

1957—.

June-Dec
June-Dec

20-year 3%s 1966

3%s

103

101%

90
"

——

'

54

7

103

1

101

100% 101%

l

'

<

8 A Bavaria

f

(Free

88

100 Va 100%

100% 100%

100

24

99%

102

Feb-Aug*
June-Dec
June-Dec

1945

(City of)

§A6%s external loan 1950

SABrazil

(U

S

of)

external

8s

116

70

116

116

40

*63

97

AExternal

s

f 6'/2s of

1927 due

70

1952

(Central Ry)

<64%

—

5%

100%

99%

fund

bonds

$

64%

A 6s

A7s

67
'

95%

A 6s

90

64%

66

92

99

3

60 Va

94%

-

sinking fund

Consol

assented

6s

1961

6s 1962

87

*82»/8
June-Dec

*90%

3%s series No.

8

June-Dec

*82 Va

3%s series No.

9

77%
76%

39%

39%

84%

77%

84%

77 Va
89

83 Va
905 2

78

83%

—

£5

87%

88

June-Dec

*87%

June-Dec

♦91

91

86

86

81%

86

87

87

80

40%

39%
63%

66%

*

38%

38%

l

64%

66%

-April-Oct
—April-Oct
May-Nov

>

i-

*40

*-*tv

66%

66%

40

40

40

'

*114

118

*113

90

FIRM

3%s series No. 14

June-Dec

*82 V«

3%s series No. 15

June-Dec

*83%

3%s series No. 16

June-Dec

*83%

3%s series No. 17

June-Dec

*82 V«

3%s series No. 18

June-Dec

*82 Va

__

76

85

„

78%

78%

83%

123

105

118

105

113

10

63'%

62%

53%

67

__

63%

72%

72%

'

*

'

73%
——

100

100%

74%

99%

102'/4

99 Va
*60%

99%

8

99%

102

;

44%

63

'

50%

53%

108% 110

41%

33

31

107

Institution^

/

SECURITIES

,

r.arl marks & no. inc*

88

77

85

—

79

85

FOREIGN SECURITIES SPECIALISTS

50 Broad

75

74%
18

'

TRADING MARKETS

St., New York 4, N. Y.

Telephone HAnover 2-0050

20%

108%
5
——

83%

—

64%
40 '/4

6%

——

120

118

Jan-July

For Financial

40%

38%

-

12%

1961—April-Oct

1961

38%

39%

64%
——

*10%

—Mar-Sept

6s of 1928 Oct

2

*66%
*40

„

89

88

*90 %

90

40%

38%

93

—June-Dec

41

36%

109

*66%

FOREIGN

84

66%

38%

84 %

83

*83

June-Dec

—

tl

40'/a

63%

*40

Mar-Sept
Mar-Sept'
June-Dec

1960

1960

Jan

66 »/2

*40

—Afay-Nov

1962_:

Municipal 7s

(Rep of)

1927

66

40%

39
—

68%

78%

7

on

of

__

*40

39%

41

63%

38%
63%

__

66%

,>65%

5

June-Dec

66%

38%

*40

103

59 Va

3%s series No.

June-Dec

66%
40%

64%

—

66%

4

3%s series No.




59%

65%

83

Cn.

2
—

65%

*84

12

40%

62%

66

sinking fund dollar bonds 1970—April-Oct
April-Oct
SASlnking fund 7s of 1926 due 1946——May-Nou
5A Sinking fund 7s of 1927 due 1947
Feb-Aug
5 A Copenhagen (City) 5s 1952
—June-Dec
25-year gold 4%s 1953
J.——May-Nov
SACosta Rica, (Republic of)
7s 1951i^_May-Noi>
2s ref $ bonds 1953 due 1972
—Apr-Oct
Cuba (Republic of) 4%s external 1977;
June-Dec

97

65%
*82 Va

3%s series No. 13

?8%
38%

June-Dec

1961

assented

,

65%

June-Dec

3%s series No.

r

1

SAColombia Mortgage Bank 6%s 1947

68%

92

61

June-Dec

-.

ZI'v'

••

/■
.

*66%

3s ext

101

1

June-Dec

3%s series No. 11—

*0

66%
40%

66%

—June-Dec
June-Dec

1957

AColombia

80

67%

3%s series No.

3%s series No. 10

40

1

*40

June-Dec

1993

3s

109%

(Plan B)-

3%s series No.

99%

5(5%

I

"

*40

125

67%

3%s series No.
No.

99%

94%

63%

40

*66%

56

103%

44

70'

*66%

(Hukuang Ry) 5s 1951
§ A Cologne (City of) 6%s 1950

59%
—

--

100

3%s

series

5

*40

May-Nov

sinking fund

assented

AChilean

,

April-Oct

1979
1944

—

65%

June-Dec

funding bonds of 1931 due 1951
to Plan A (interest
reduced to 3.375%)

94%'

(interest
.

Stamped pursuant

External dollar bonds of

67%

♦95

June-Dec

Stamped pursuant to Plan A
reduced to 3.5%)
1978

102%

44%

*'40 »"•

May-Nov

107%

12

—

*95

Stamped pursuant to Plan A (interest
reduced to 3.375%)
1979—
April-Oct
5 A 7s

18
42

*66%

April-Oct

1903

assented

AGuaranteed

100%

97

61

67

*66

April-Oct

1957-

Trrr

1963

6s

106%

——

68

100

pursuant to Plan A (interest
reduced to 3.5%)
1978
June-Dec
AExternal s f 6%s of 1926 due 1957
April-Oct

(interest
—April-Ocf

104 %

__

40

*66%

;

fund

Mortgage Bank 6%s

A 8s

Stamped

Stamped pursuant to Plan A
^reduced to 3.375%)
1979

*66%

'•

April-Oct

1902

1962

sinking

AGuaranteed

101 %

97
'•

12

108%

June-Dec

1941

102%

55

*66%

A6%s assented 1957
A6%S assented
1961

101%

100%

April-Oct

6%s

State)

(Kingdom of) extl 7s 1955
6s 1958

A Berlin

13

99%

99%

*66%

AChinese

Belgium

104 Va

99 %

*53%

83

102 Va

56

99%

83

4

103% 103%

Sept 1961—Mar-Sept
Mar-Sept

sinking fund 6s

assented

sink

AChile

102

99%

100%

99 Va

Extl

lOOVa

74

101%

A 6s

106 Va

99%

6s

AExternal

,85

——

'

101

y2

202

70

101A 101%
—.

74

'

101

»

A

85

71

•
.

101%

Feb-Aug

1962

53%

*99 ig

Feb-Aug
June-Dec

20-year 3%s 1967_.

15-year

53%

—

10-year 3V»s 1956

80%
79

*53%

i 103%

Jan-July

assented Jan 1961

87

fd

1960

6s

89

103% 103 W

assented Feb

AExternal

85

71

90
90

fd

fund

—

103% 103%

TMay-No»
April-Oct

1942—.

AExternal sinking fund 6s
A 6s assented Sept 1961

87

*84

sink

83

*83

A6s

—

*99%

*84

sink

80%

*83

^und 6s Feb 1961—-Feb-Aug 1
1961.:
,
—J.—Feb-Aug'
ARy external sinking fund 6s Jan 1961—Jaw-July

*84

sec

83

*82%

1960____—ri;iAprfZ-Oct;'

7s ser C 1946—Jan-July

sec

81

90

June-Dec

AExternal sinking

AExternal

AExternal

84

81

83%

June-Dec

(City) sinking fund 5s 1957
Mar-Sept
Sinking fund gold 5s 1958
F$b-Aug
Caldas (Dept of) 30-yr 3s s f $ bonds 1978_Jah-July
Canada (Dominion of) 3%s 1961
Jan-July
25-year 2%s 1974—
Mar-Sept
25-year 2%s 1975—
Mar-Sept
Cauca Val (Dept of) 30-yr 3s s f $ bds 1978_Jan-JuZy
§ A Chile (Republic) external s f 7s 1942—May-Nov

SAExterh&l sinking fund 7s ser D 1945—Jan-July
A External

77%

|

(Kingdom of Norway) 4s 1968
Afar-Sep
SAAntioquia (Dept) collateral 7s A 1945—Jan-July
SAExternal sinking fund 7s ser B 1845—Jan-July
§ AExternal sinking fund

88-

81 Va

June-Dec

A6s

Akershus

>

90

80%

3%s series No. 30

0-

Ai

84

*89

§A7s

Foreign

99 %

83%

June-Dec

AExternal sinking
Afls ' assented

Agricultural Mortgage Bank (Columbia)—
J
§ AGuaranteed sinking fund 6s 1947
Feb-Aug
§ AGuaranteed sinking fund 6s 1948
April-Oct

82
96

82

3%s series No. 29

NY 1-1693

Broadway, New York

82%

92%

83

3%s series No. 28—

T eletype

Members New York Stock Exchange

High

79

—

83V4

Brisbane

REctor 2-2300

78%

88

82%

82%

June-Dec
June-Dec

.

3%s series No. 27

Wertheim & Co.

Jan. 1
Low

No.

*86

June-Dec

—

3%s series No. 25_

3%s series

June-Dec

—

3%s series No. 24

Foreign Securities

Range Since

Sold

*96

3%s series No. 23-

>

Bonds

s

High

*831/4

j__

3%s series No. 22

t

Friday

Bid & Asked
Low

3%s series No. 19

Issue—

Corporate Stock

JULY

Friday

Bid & Asked

'

bond transactions.

Range Since

Bonds

Friday's

Low

99.16

1960

RANGE
Last

*97.16

9J.16

Week's Range

Friday
Interest

BONDS

*97.16

15

due Feb

2s
asked

and

99.16

*97.16

100.24

due Feb 15

2s

♦Bid

!

5,000

*101

Oct

3-year 3s

104.24 July 15

100

*99.20

July 15 1972

Teletype NY 1-971

59%
53%

114'/a

'

26

and'Financial Chronicle....

The Commercial,

!(370)

Monday, July 26, 1954

.

NEW YORK BOND RECORD
RANGE

4

Interest

Last

Period

BONDS

Sale Price

New York Stock Exchange

Low

(Dept of)

Czechoslovakia

(State)

gold

'

(inteiest reduced

6%) extended to 1960—;
Denmark (Kingdom of) extl 4V28
Called

bonds

El Salvador

_

to
—April-Oct

.

f dollar bonds Jan

3s

f

dollar

s

bonds

1

Jan

100% 100%

1

100 %

76%

70%

4

65

71

71

6

1976

(Republic of) 7s 1967—
§AFrankfort on Main 6V2S 1953i—

58%

115%

3s

dollar

bonds

180

81

68%

'

1972

Prussian
4s
>

& fund

conv

Conversion

dollar

1953

1953

due

79

51%

51 •' "51%

56

'

45

62%

65

44

'

58

65

60

60%

International loan of 1930—
5s

dollar bonds

/

1980

June-Dec

1st mtge series A
A

ser

§ A

1944

6Y2s

1st &

to

mtge

gen

part

A6s

part

paid

51%

99 ^

88%

88%

!

May-Nov

1968—————————Feb-Aug

115

23%

25 y4

142

§A7s

series

Italian

B

Public

f

1947

7s

1977——

Jan-July

1952

§AItaly (Kingdom of)

40%

42

20 V

37%

39%

19

5J/as

due

1965

AMedellin

extended

<

19 %

18%

(Colombia)
f

s

5%s

§A5s

6Y2S

(40-yr)

97
22»

52%

53%

51

56

*95%

—

1st

7s due
77 •»

;52%
95%'
93

101% 101 %

145%

—

56%

1945 extended to

139

129

139

85

86

External

88%
30

74%

68

24

:

130 Ya

121 y2

77%.

71%

74%

66

"60

67%

*55%
134 Y2

■

66

June-Dec

73%

85

'

44%

56%

25%

A4%s

Mexican Irrigation—

147

83%

18

167% 167%

1

166

100 % 100%

1

due

6s

86

79

Mar-Sept

83

.

1937)

bond of

(dollar

167 y2

99 Ya

100%

—

95 Ya

89

94Ya

95

92

95

98%

98%

95 Y4

99%

82

72

81 Ya

130

*75%

144

June-Dec

82

82

11%
142

84%-

77 Ya

10

rfv

15%

6Ya
*140

1971—

to

--v.

12 Ya

1961——June-Dec

6s of.'26

extended

1961

90%

93

95

95%

_____Feb-Aug

1958—

(City of)

95%

93

95%

1979——
May-Nov
—_—May-Nov

1979

conversion

assented

A Yokohama

§A4'/2s assented (1922 agreement) 1943—May-Nov
§A4'/2S small 1943—_i
—i.

2

145'/a 145 Ye

145 %

Mar-Sept-

-

3%s-4%s-4/^s external conversion 1978-June-Dec
3V2s external readjustment 1984-————Jan-July
Valle Del Cauca See Cauca Valley (Dept of)
AWarsaw (City) external 7s 1959
Feb-Aug

»■-

25%

*73 Vb

4s-4%s-4%s external readjustments 1978_Feb-Aug

>

19%

April-Oct

72%

*65%

1955

readjustment

External

»

80%

1957

—

external 8s 1946—Feb-Aup
sinking fund 6s I960—-—_—May-Nov.
sinking fund 6s 1964—:'——May-Nov

AExternal

160

5-

7s

126

19%

(Republic)

.AExternal

95%
101 %

30J

1954

1978

120

'*67

1952 coupon on—

$ ser 1953
1——— June-Dec
to 1963—4—
Jwne-Dec

mtge

§AUruguay

93%.

87

20

93%

*137

—May-Nov

101%

26

*125% 127%

extended

1953

3%s-4s-4%s

1975—..

13 Y4

100 Ya

•71%

1961

loan of '27

Ujigawa Electric Power Co. Ltd—
§A7s 1st mtge s f 1945

—

92%

10 Va

*125%

72%

—Jan-July

1981

to

April-Oct
due 1961 extended to 1»71___, —April-OcL
sterling loan of '12 1952
Mar-Sept

§A6s

56%

30

54

*154

15

12 ~

Tokyo Electric Light Co Ltd—

99%

55

53%

June-Dec

87

18%

"

—

*93%

53%

92

91

"

101 y4101%

101%

Jan-July

1971——

f

s

extended

1971

§ A With March 1

.——Jan-July

to

bonds

$

49%
45%
123

104

98

53%

149

*10

*__

Tokyo (City of)—

1

(State Mtge Bank)

30-year 3s

100%

r6s

Jan-July

7s 1951_——

(Imperial Govt)—

Jugoslavia

98%

39 %

53%

26%

15%
143%

__

I

42

A6'/2S extl loan of '24 1954—
L
Feb-Aug
6Y2s due 1954 extended to 1964____—_—_Feb-Aug
A5'/2S extl loan of '30 1965———.-May-N0v
A

5%s due

A5%s extl

Mar-Sept

f 3s

s

§ A External

Japanese

A5%s

165%

54%

26%

Taiwan Electric Power Co. Ltd—

101%

Utility Institute—

30-yr gtd ext

95%

f

81%

15%

♦„

--June-Dec
A4%s assented 1958—_—*_—————June-Dec
Sydney County Council 3%s 1957
Jan-July.

162%

*„

*147
'

external 7s 1958..

(Prov of)

156%

*106%

25%

—

*100'

April-Oct

Jan-July

102%

165% 165%

—April-Oct

1977—1

3s

B

§A6%S 1st mtge s f 1952——June-DecJ
6%s due "1952 extended to 1962__„——June-Dec

87

64%

Shinyetsu Electric Power Co Ltd—

100%

1

25%

external 1962————".—May-Nov
secured external 1962—
May-Nov

74

84

74

87

59

25%

162%

»__

(Republic) ext s f 3s 1977
Jan-July
Italian Credit Consortium for Public Works
s

76%

»

81%

87

23%

101%

*165%

Italian

ext

134

90

64

78

77

A7s series

57'A

82%

78

77

80%

45

»'■

.100

100%

82%

*92

*84

ASilesia

_______Jan-July

§A Hamburg (State of) 6s 1946—
Helsingfors (City) external 6V2S I960-

30-yr gtd

67

63

?

86"

«

'

Feb-Aug
Feb-Aug
Jan-July

1954—

—

214

73%

50%

April-Oct

1950

1964

paid

71%

51 "r

June-Dec

6V2S due 1950 extended to I960Greek Government—
A7s

55%

*

—

—__i

1944

extended

71%

(Young loan)—

5YaS loan 1930 due 1965
J
Great Consolidated Elec Power—
§A7s

15

i

70

Jan-July
Jan-July

1968,—

loan

external dollar

A8s secured

June-Dec

___■

dollar bonds; 1972—
German (extl loan 1924 Dawes loan)

§A7s gold bonds 1949
German Govt International

'

59

—Jan-July

~

3s

7s

-'

Apr-Oct

50 Ya

72

A 6s

issue—

bonds. 1972

60

*53

(interest
____Jan-JuZy

Stamped pursuant to Plan A
reduced to 2.25-%)
2004—

57%

64

1963—_Jan-July

58

Stamped pursuant to Plan A (interest v
reduced to 2% ) 2012
April-Oct
Serbs Croats & Slovenes (Kingdom)—

79%

April-Oct

k

'

issue

55

*79

84%

April-Oct

10-year bonds of 1936
3s

57

1956—:——.—Mar-Sept

loan

water

external

A7s

1969

High

*68

Stamped pursuant to Plan A (interest
reduced to 2.5%)
1999——
—Jan-July

(Federal Republic of)—

Jan. 1

Low

No.

A

1950———1

external

§ A 8s

External loan of 1924

5V2S dollar bonds

pursuant to Plan
reduced to 2.5%) 1999

(interest

71

17
122

105

Range Since

Sold

—

stamped

1936

Bonds

High

8s

(City)

(State of)

Paulo

8s

76%

<13%

"114

May-Nov

104%
100 V»

San

*13

Jan-July

Range
Friday's

Bid Si Asked

1952
May-Nov
Stamped pursuant to Plan A (interest
reduced to 2.375%)
2001
May-Nov
A6%s extl secured sinking fund 1957—-May-Nov
Stamped pursuant to Plan A (interest
■■>
reduced to 2%) 2012—J—
May-Nov

SASao Paulo

43

37

99"%

1976__—Jan-July
Jan-July

1

AEstonia

or

Sale Price

Low

56%

11

100% 101

Last

Period

Exchange

High

44%

.

"37

100%
100 %

April-Oet

1962

-

.

s

German

1

53%

Interest

BONDS

*

New York Stock

-

Low

No.

(Republic of)—

3YaS extl
extl

High

Jan. 1

-

—

Stamped assented

t

Jan-Jufy

1978

3s

53%

Week's

Friday
v

Range Since

Bands

Friday's

or

Bid Si Asked

'

Cundinamarca

JULY 23

WEEK ENDED

FOR

Week's Range

Friday

___________

A New

assented

ASmall

a'greem't)

(1942

9%

1968_Jan-JwZy

: < 9%

"2

9%

1968

Alabama Great

„

Mexico

(Republic of)

§A5s

of

s A

1899

Alabama

1945
:

§ ASmall

§A5s assented

(1922

agreem't)

S A Large
§ASmall
A5s

27

1945—Quar-Jan

I

:

(1942

due

4s

1904

(assented

1922

to

17 %

16%

16%

16%

17%

*9%

9%

Aluminum
3s

(1942

agree't)

(assented

to

1322

A4s

assented

new

(1942

agreement)

1933

8 ASmall
A6s

ASmalJ

§ A Milan

Minas Geraes

(State)

15%

16%

2%s

debentures

15%

16%

2%s

debentures

2%s

19

17%

17%

96

92%

2%s

*58

reduced to 2;125%)

Netherlands'(Kingdom

53%

53%
38%

3s

58

58

3YiS

33%

*58

45

41

100%

\ 101% 101%

May-Nov

•*

3%s

-

100%
99%

102%

sinking fund external loan 1963_1____Feb-Aug
3V2s sinking fund external 1957——
ApriZ-Oct
Municipal Bank extl sink fund 5s 1970—June-Dec

100 % 100%

99%

102

98

100 Y4

Mar-Sept

4s

-

-

98 %

98 Va

103

*102 Va 103

6s 1952—__—____Feb-Aua
Oriental Development Co Ltd— 8A6s extl loan (30-yr) 1953=.—

101%
98 Ye

131

1

138

138
82

1

72

7

_Mar-Sept

82

71 Ye

■

77 Ya

*123Ya

—May-Nov

debs

conv

ANat

f

s

loan .extl

6s

debentures

A

P

W

i

s

1960. -June-Dec

2nd

6s

series
series

_

'
--

"*52

-April-Oct
_

8s

1961

7%s

fun
i-suant

stamped

(interest
1966

to

s

f

gold extl

to

84%
130

70%

76

,

100%

de

Janeiro

('27

loan)

7s

(City

to

8AExternal

58 y4

36

Stamped pursuant to
reduced
Rio Grande

do

2% )

to

40

55%

A

66 y4

55

65

9

reduced

to

*9

8%
__

8%

10

8

8%

debs

3%s

Line

Line Ry

RR.i4%s A

99%

102%

67

96%

102%

5

98%

103%

(interest

IA Rome

2.25%)

Plan

reduced

(City of)

to

2.25%)

6%s 1952

Po.- footnote*

see

A

na«.




5%:

1

March

1

12

15

7%

12

Ref

and

fixed

*72

79

~

*135%

I"

*58%

68

127

56%

and

due

41
__

37%

33%

div

First

lien

56%

Bangor &
Bell

and

ref

Aroostook

42

51

55%

31

37%

45

M

Telephone

ABerlin

of

.

City

§A6Y2S

f

s

s

Bethlehem

f

Electric

_1
__

*41

*94

;•
/

117

124%

111%

.

119

103%

"l *•>

100%

16

106 y4

.*

104% 104 y4

'

\
.

109%

101 Ya

-*

104

7

100
.

,

103 y8

__

!

96

103%

'*

105

100%

:

106%

'

!

98%

99%

_

mortgage

Borden
Boston

99%

104 y4

87

74%

83%

67

73 y4

83

109

73 Ya

83 Ya

83%
83

82

83%

6%

99%

t

'

(2%%

;

—

1

94

93 Va

94%

29

86 Ya

95

May

74%

73%

74 3a

234

64%

74%

_May-Nov

98%

97 Ya

98%

39

93 y4

1980_Jan-JwZy

88%

88 Va

89

20

79 y4

June-Dec

2010

1

(93%

•

_

\

(The)

Co

mortgage
mortgage

5s

62

First

mortgage

4%s

mortgage

4s

37

40 %

&

5%

ser

A

98%

1st

.

"

i

j
!

89
]

series

D

1985_ _Jan-July

debs

2Y2s

1961_May-Nov

1955

85

1951—

1959

—Feb-Aug

44

97 Ya

11

3

107%

109%

!

2

94 Ya

98 Ya

1

97 Va

„

97 Ya

78%
90

*76

_Jnne-D?c
;

87

97

108% 108%

;

108 7/a

ApriZ-Oct

Maine

1970-

series

87
97 Ya

72 Ya

85

85

"I

77

110

85

7

79

113

99

84

1

110

83

■.

Union

_

..Jan-July

99 Va

99 Ya

43

97

100%

*97Ya

1976--^ -May-Nov

J

j

95%

99

98%

..Jan-July

100 Va 101 Ya

4

98 Ya

102 Ya

.Mar-Sept

100 Ya 100%

2

97

101

RR—

5s

series
series

AC

series

1967

Gas

mortgage 3s

gen

1980

Mar-Sept

JJ

RR

mtg

1961

*100

Jan-July

74 Va

59 Mi

—

81

76 Ya

.ApriZ-Oct

1976_ _Jan-July
-Jan-Jul3

101 Ya

73%

74%
59 V2

83

—

;

*

51%
100

98

10

—

98

2fi

70 Ya

48

54%

■

101 %

76%

*100 V4 101 Va

——

81 Ya

99Ya

9

*76

1970 -May-Nov

1960

2%s

81

81

May-Nov

ApriZ-Oct

1955

II

series

AInc mortgage 4Y2s series A July
Bristol-Myers Co 3s debentures 1968

Brooklyn

,

Virginia—

conv 1976— Jan-July
series C I960— April-Ocf

2%s

First

97%

8

81%

2%s series I

58

92%

24

82

3s series K 1979
2%s debs 1981

40%

41

99%

103% 104 y4

' -

4Y2?

debentures

debentures

mortgage

50%

37%
98

69%.
103

Steel Corp—

60%
40%

4s

6s

First

40%

-

101-

7"

,i 1

83

1980_._—_____

Loan

First

June-Dec

102

*104%

*

—

109

83%

West

5s

Pa

Industrial

37%

A

ApriZ-Oct

109
♦102

*

23'
*

83

conting int)

RR

56%

(interest

101

-

Mar-:Sept

first, mortgage

Consol

42

-.119

Mar-Sept

1995

1

fixed & 1%%

Consol mortgage

*40%

123% 123%
115

-*103% 104

—

"

*68

__

it

,

83

i

66 Ya

1996—j.

income Feb

Lake Erie &

Consol

April-Oct

June-Dec

/

119

4 109

103%

80

75

101%

—

92 Ya
—

♦

lr

-■

Toledo-Cincinnati division—

A6Y2s
37%

82%*

\

96

-

,

123%
*

91

101

2000

contingent interest)
Dec

.Refunding 4s series A

79

142%

(interest

2004

•'*:'.

•

2

•

__

June-Dec

1995

1

mortgage

3%%

Series J

Beneficial

'

Plan

Dec

general

(3V2 %

I

;.

Refunding and general mortgage 5%' (2%
fixed
and
3 % : contingent, interest) —
March

7%

fixed

(4 %

B

due

791/2

73

series

due

67%

*72

(interest.

2004

»—

—

contingent interest) July 1975_April-Oct

S'western

May-Nov

to

1%

K

9%
5

mortgage

and

41%

*60

stamped! pursuant to

*69%

/
! 1
mortgage 4s series A July T975—_;April-Oct

Series M

42

*58

reduced

82%

__

_May.-Nov

First

Series

39

June-Dec

1967

96

^

Baltimore & Ohio RR—

18

39

to Plan A (interest
reduced to 2%) 2012_—
June-Dec
A7s external loan of 1926 due 1966

Stamped pursuant to

99%

96

*102%

mortgage 4%6-4s ser.:A 1980———Mar-Sept
Gen mtge 4Y»s ser.C 1972s_i—i—iJan-July
Atlantic. Refining 2%s debentures 1966-4—Jan-July
3Y4S debentures 1979_si____________ 1—_Jan-July

11%

*40%

*53%

1968

99%

.

i_r_sJnne-Dec

14

1964:

:

98%

—

1962_*„_Mar*SepZ' /

3%s 1963

due

__

Stamped pursuant

7s

14

138%'

rjrj

99%

4s July 1^ I995_>i____-__—sf^—May-Nov

Pittsburgh

Feb-Aua

sinking fund gold

118%

138 Yt

&£anta Fe—■

G

*40%

*38%

1999

1,848

(
P

138,

1<J1%

—-—LFehrAug

Series

__

*49%

external

13

11%

8%

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■

10

18

*10%

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A

y2

8%

—Feb-Aug

A

6
.

8

8Ya

~I

2012

2.5% )

8 Ye

(interest

(State of)—
8A8s external loan of 1921 1946

Stamped pursuant to Plan

66 y4

*9

Apr-Oct

Sul

119%

135

-V-v1**"
4s.'1995——-———'--—iJ-*—-April-Oct

Coast

64

55%

__

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8Ya

April-Oct

1953

Plan

66%

Mar-Sept
1946

2001

6%s

——

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45

A

1952

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loan) 1951_Mar-Sept

1950

of)

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reduced

to

Jan-July

65

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'

'

-

101 Ya

58 V*

—

A

2001

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101

gokL 4s July 1995__s_—_lQuar-Jan'
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SARio

Plan

2.375%)

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A6s

to

.

reduced

*36 Ya
——

April-Oct

§AExternal sinking fund gold 8s 1950
--Jan-July
A4V2s assented
1963
—_;
Porto Alegre (City of)

118

>

98%

Inc'J%s

Investment

Stamped

139%

118%

100% 100%

—

1961. -April-Ocf

-ApriZ-Oct
-April-Oct

ir—

-1' I

„•*'

99 Ya

95%

"—.JO

5

99 y4

106%

101%

Corp 4s 1960^_'_1—June-Dec
debs 1977s—4—April-Oct

Nitrate

•

41

97%

93
104 Yfl

•

137%

—

Products Ca 5s

General

Atl

s

1977

Atlanta & Charl Air

)t

1st

92%

134% 138
•

t

94 Y4
130 Ya

2

137"%

98%

93%
87%
111%

24

134% 136

97 Ya

33

98%

97%

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91%

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debentures 3s

1969——4

62 y4
r

/
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94V2

*•• 136

85 V4

,1962__Apri!-Oct
April-Oct'

1965^——i____

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First

extl

42

97 y4
100

77%

205

94%

1964———.-Jan-July

debs

Atchison Top^ka

123

—May-Nov

loan

92

105%" 105.%
97%
97%

Gen

_Mar-Sept

ANat

96%

91%

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1:__———Feb-Aug

debentures

Associates

103

*102% 103

gANuremberg (City of)

_Mar-Sepf
_Mar-Sepf

96 %

126% 130%

105s'h

1963—Mar-Sept

Ann Arbor first

102

101 % 101 %

A

27

ApriZ-Oct

1971

Anheuser-Busch

v100% 100%

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395

95%

—.—__June-Dec

debentures

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*38

-

1965—i.___AprtZ-Oct

-April-Oct
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-

40

" "

3%s 1957_

of)

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conv

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2008—Mar-Sept

Norway

19C2_\________—

debentures
conv

34

-

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Mar-Sept
1959—MarrSept

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*

.

/.

70

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'

96

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V"

.

96%

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debentures

3%s debentures

100 y8

84%

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debentures

2%s

17%

18

98 y4

101%

89

.

1964—May-Nov

1986——Jan-July
sJTune-Dec

.

15
43

.«•••

96%

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1166

f debs

s

100

105% 105%

debentures

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* ~
'
■'
reduced to 2.125%)
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-

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3%s

Corp

15%

—

fund

100

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1980——————~—.Feb-Awp

Jan-July

1963_Jan-July

1952___——-u—AprtbOct

sinking

100% 101

85

•

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100 y4

102% 103

101

Foreign Power deb 5s 2030_-_Mar-Sept
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Jan-June

3Y2s

6%s

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2%s conv debentures 1961

—i.',

(City of)

103%

&

.

agree't)

91

-

74%

104% 104%

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3%s

debentures

3s

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—

(1942

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1

104%

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June-Dec

Ltd

105
101 Ya

99

74%

1956—Mar-SepZ

1964__—

SYsS

1979

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74%

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debentures

2s

Canada

of

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1963_Jan-July

'

(assented to

;

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new

Co

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agree't)
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of America

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—

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1968Jan-July

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s

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ment)

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agree't)

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of

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~

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SA

16
17

16

1963_Jan-July

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Chemical

100%

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__

Power first mortgage 3

Allis-Chalmers

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A4s of

27

Allied

assented

new

May-Not

1967^

COMPANIES

1st

Quar-Jan

Large

3V4S

Southern

INDUSTRIAL

'/2s 1972—Jan-July
mortgage 3V8S 1984
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Albany & Susquehanna RR 4'/2s 1975
April-OcZ
Alleghany Corp debs 5s ser A 1962
__May-No«
Allegheny & Western-1st g.td 4s 1998—_April-OcZ

—

due

AND

RAILROAD

10%

78

75%
59 %

101%
98
—

,

Number- 5345

[Volume 180

.

The Commercial and Financial Chronicle

.

,

27r

(371)

.jr.

t

>

NEW YORK BOND RECORD
RANGE

New York Stock

Last

Period

Sale Price

Exchange

or

Buffalo

3%s debs

Co

Buffalo Rochester &

Terminal

Co

Bush Terminal
A5s

ENDED

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97'A

No.

Low

.

5s

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99%

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Can

90

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85'A

88%

89%

53

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100%

100% 100%

5

100

101

104

104

2

103'A

104%

6

81'A

general mtge income

1982

1047A

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90

C6

Electric

California

A 1st

Cuba
*

June-Dec

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Canada Southern consol
Canadian

first

Power

3s

1976

gtd 5s A 1962

1

gold 4%s 1957
Guaranteed ,gold 4%s 1955...1
Guaranteed gold 4%s 1956—

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4%

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Ohio

&

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A

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4s

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&

ref

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84

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1988

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ser

inc mtge 4'As Jan

2038

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series B Jan 1 2044
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refunding mtge 2%s-4'As
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coll

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trust

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3s

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I

mortgage gtd

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53%

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gold

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Cleveland
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mortgage

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series

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100%

42

103

102

98%

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series

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100

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•

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99%

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■

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&

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3s

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s

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101

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of

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100

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113

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99

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105'A

561

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73

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,

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3s

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I

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106'A 106%

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(B F)

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103

105%

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104%

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106

106%

32

104%

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182

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1979—

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88

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2

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132

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122

122

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126

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105

105

12

103%

105

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__

_Jan-July

103%

103% 103%

273

103%

103% 103%

294

103'A

105

104'A

103% 104'A

135

101%

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April-Ocf

1969—

146'A 146'A
100%

94

1

14

1945—'—

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Co—
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96

—

95

„

101%
126

116%

18

111

96%

97%

13

88

94%

94%

95'A

13

91

116

*90%

.Jan-July
General mortgage 2%s series P 1982.
General mortgage 25As series Q 2010.-. .Jan-July
.Jan-July
General mortgage 2'As series R 1961
Feb
AGreen Bay &-West debentures ctfs A1

116

85

93

>Il

,

Gulf Mobile &

98%

96%

Jan-July

—
-

certificates

146%

116%

*125% 126

Jan-July

—

mortgage

ADebenture

131%

'

3'As series N 19901. Jan-July
^General mortgage 3'As series O 2000.1. -Jan-July
^General

100

1965— .Afap-Nov

;

1976

:General 4'As-series D

83

83

96%

96%

73

18%

18%

94

83'A

94%

10

97%

70

18%

15

104'A

6

75

15'A

*75

Feb

99

96%
*

22

Ohio RR—

B_—

1975— -Jan-July
April
July 2015—
1969. April-Ocf
April
General mtge inc 4s series B Jan 2044.
First

refunding :4s series B

and

104

104

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General mtge inc 5s series A

,

First
.

3%s

trust

debentures

101

84

75

*92

101

9l

*101

II

*._

.Jan-July

1979

mortgage 2%s 1980
3%s 1981
1st mortgage 3'As 1982

.May-ZVou

84%

92%
98

98%

101%

99

100

June-Dec

1st

I

June-Dec

First

102%

101

98

ApriZ-Oct

1978

1969——

96'A

100

__

84

1st mtge 1976.^ .Afap-Nov

105

89'A

98

.Jan-July

1968—

Utilities 25As

First mortgage 3s
3s

*102%'

refunding 3%s series D

and

1st

mortgage

2%s

mortgage

—_

'100%

June-Dec

__

June-Dec

mortgage 3%s 1983

103

100%

103%

104% 104%

——June-Dec

1963

98%

100% 100'A
"103

Feb-Aug

1983

102

'100 % 101'A

Mar-Sept

1984—*

debentures

99

May-Nov

1982

series

10^%

83

Mar-Sept
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_i
-

Northern Ry

First

A

1st/& ref M 3'As ser G 1981
1st

103%

94

refund

and

102%

*103'A 103%

94

and

First

"

_Afap-Nov
— _Jan-July

A.

debentures

"j§ A7s s f mortgage
Goodrich

Collateral

95

First

103

*106

..June-Dec

;

1958

income

conv

Great

95

91%

mtge

8

4

105%

.Jan-July

1940^

1948

Realty & Utilities Corp—

102%

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91%

refund

debentures

A 4s

100%

94%

and

75

'■

Motors Corp 3'As debs

100%
t

>

94%

First

74

Good Hope Steel & Iron Works—.

100%

101%

1961——Feb-Aug

ser

4

—

General

97 %- 102%

-97%
95%

15

G
1945

debentures

Gulf States

1965

mtge 2%s

71

„'

■

debs

(Germany)

debentures

37As debentures 1961

i 105%

104
5

99

99% 100%

3s

General

96

*94%

refund

98%

1977.—

102

97

York—

and

i

97%

■

1961——Afap-Nov
+————Jan-July
-Afap-Nov
tFlorida. East Coast first 4'As 1959
June-Dec
AFirst and refunding 5s series A 1974—Mar-Sept
Fort Worth & Denver Ry Co 4%s 1982—-Afap-Nov
Rubber

&

General Foods Corp 3%s debs 1976
General Motors Acceptance Corp-r-

104%

101

April-Ocf

3%s

New

First

''

125

97%

■;

93

*97%

Georgia div first 5s 1956_May-Nou
first cons gold 5s 1995_Jan-JuZp

debentures

69

1982_Jlfar-Sept
25As ser B 1977. ApriZ-Oct
2%s ser C 1972.June-Dec
series D 1972
May-ZVoo
3s series E 1979__Jan-July
3s ser F 1981
Feb-Aug

Corp

Cigar

Consolidated

■

.

A

&

Tire

.General

ApriZ-Oct
-—April-Oct

1999—

3%s series

Power

159

109%

"•

75

*._

(N Y)

■;

95

*

A 95

—

98

..Feb-Aug

f debentures 2001

River

141%

16

108% 110%

Mar-Sept

"3'As

81%

62

91

*104% 105

100'A

1978.—

Anglo-Lautaro Nitrate

»

'*

105%

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•

109'/a

.Mar-Sept

1983.

3%s

§A6%s debentures

Compania Salitrera—See
Conn

>'

Feb-Aug

1982

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87%"

70%

86

69

.May-ZVou
1955—Feb-Aug

1977

series N

■'

97%

104%

j
!

71

*87%

1972—

Co—

series L

mortgage 3s

mortgage

.1

debentures

'

-June-Dec
sinking fund debentures 1999————ApriZ-Oct

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/

■

-

136

:

/

104% 104%

—

April-Oct

1980.

94%

101%

101

68'A

*95'A

ApriZ-Oct

1

—

Feb-Aug

1977—

1979

99%

t

81

1

79%

*—

r

South

&

2%s

Co

General Electric Co

99'A

93
98,

—

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*

mortgage 3%s 1983—

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■

j

1977

Light

2%s
2%s
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§A6s

(conv aft Jan 1 '55) '64—Ztfap-Nov
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3'As sub debs
■Columbus

C

ser

Jan-July

mortgage

106%

94%

73

97

96%

103%

13

105% 105%

—June-Dec

1975

May-ZVow

25As

100%

—______.June-Dec

1975

debentures

-i—1

97%

97%

—

System Inc—.

debentures

3s

1961

1961

Elgin Joliet & Eastern Ry 3'As 1970

75

66%

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g.td 4'As 1961—ApriZ-Oct
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3s

Afap-Nov
1976.Afar-Sept

mortgage

Edison El 111

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Columbia

2%s ser B

subordinate debs 1982

1st

100

first

Iron

*'

123% 125

97%

98

95

96

74

debentures

2.35s

104%

92%

J

_

124%

June-Dec

——

Firestone

69'A

10

97%

1990_May-ZVow

-*-n—Mar-Sept

2%s 1985.
3%s 1986

Chemical

102%

100%

1

*73

gold 4s 1995.1.

Tol & Ironton RR

99%
22

95%

*103% 104%

■

gold 4s 1S95—June-Dec

lien

107%

4

71

94%

97

1970—Jan-July
—June-Dee

3s

i982^

3s

mortgage

Cleveland Short

trust 4s

Illuminating

mortgage

First

first coll

Feb-Aug
Afar-Sept

101%

75

70

13

69

4s

first

1st

98

93

1

95%

45

80

1st

Mack

&

—

June-Dec

1958—

1969

1st

80 Vb

72'A

—

99'A

1991—Jan-July

St

99 7A

102%

*95

May-Now

'

93

Refunding and impt 4'As series E 1977—Jan-July
Cincinnati Wab & Mich Div

104%

93%

99%

95%

—Mar-Sept

1976.—.

debentures

102
;

Afar-Sept
El Paso & Southwestern first 5s 1965—April-Oct
5s
stamped .1965
April-Oct
Erie Railroad Co—
;''"■
:,
General Mtge inc 4'As ser A Jan 2015
.April
First consol mortgage 3'As series E 1964.April-Oct
First consol mtge 3'As series F 1990—Jan-July
First consol mtge 3'As series G 2000
Jan-July
Ohio Division first mortgage 3'As 1971—Mar-Sept

93% 100'A

____June-Dec
1.June-Dec

1993

B

j

95%

100%

104

*102% 103

.June-Dec

27As 1984.^

ref

East Tenn Va

99

—-.Jan-July

1993—..

4s

series

5s

99

1982__May-Sepf

J 1985

ser

1st

5 9'A

Cleveland Cincinnati Chic & St Louis Ry—
General

104

64%

530

99%

1966.1.—.June-Dec
1961
June-Dec

City Ice & Fuel 2%s debentures
City Investing Co 4s

340

80

*106%

1969—Feb-Aug

E

95

95%

1
}

102%

75

*100

—Jan-July

f debs 1977.

s

*77'A

*98%

mortgage 2%s series G 1974———.Feb-Aug
Corp 2%s 1959—
ApriZ-Oct
debentures I960.—*
u—I
—:—Jan-July

Cities Service Co 3s

59'A

65%

.

r

3%s series

85 7A

82

99

F
106%

Financial

T

64%

57'A

*100

First

'C

21

75

71

1982—Zifap-Nov

•

:

91%

II

*94%

^.Jan-July

1970.1—

H

K

ser

debs

conv

Duquesne

Ry—

1994.Jan-July
Jan-July

1978
>

3%s

103%

97%

1

74%

95%

2%s 1975_ApriZ-Oct

Union Terminal—-

mtge 2%s

ref

101%

100'A

Cr¬
A

ser

1st mtge

*94

April

2%s series I

ref

Detroit

,

RR

4%s

mtge

*

—

1963
Jan-July
series G ,1963——Jan-July

-Cincinnati Gas & Elec

V

59

mortgage 3'As series F

First

ist

•

*99% 100%

Jan-July

—

,

...

Union Station—

First

series

3s

refund

&

66

63

64%

1999—April
Jan-July
Jan-July

First and

Income

79%

5

77%

RR—

Detroit Terminal & Tunnel 4%s

70

59%

74'A

74%

increased

conv

63%

68

102'A 102'A

—

'Chicago & North Western Ry—
Second mortgage conv inc 4'As Jan 1
First mortgage 3s series B
1989
:

70'A

*101'A 101%

Chicago Milwaukee St. Paul & Pacific RR—
First mortgage 4s series A 1994...
Jan-July
General

and

Second

80

*66'A

20G3

Chicago Indiana & Southern Ry 4s 1956—Jan-July

-

84

82

96%
"

'

1983—April
April

Jan

mortgage 4'As inc ser A

A2nd

86

*80'A

Afap-Nov
1985—__Afap-Nov

(3%

&

Detroit

Chicago Indianapolis & Louisville Ry—
A 1st

E'dison

3'As

93

79

*78'A

*85%

91

.

1985

(3%
fixed
1993
(4%-%

A

interest)
series A

mortgage

3s convertible

124

91'A

91'A

•

89

*

86%

,

117%

91

|

1984

Western

Gen

90%

74

6

8 6'A
134

90%

:—Afap-Nov

fixed .
contingent interest) 1993—

1%

99%

80%

70

1980—^Mar-Sept
Afap-Nov

2%s

series

mortgage

Gen &
31

89'A

74'A

3s

3'As

Grande

mortgage

Detroit

.

Chicago Great Western 4s

Rio

Income

106%

94%

93

74%

103%
103%

Denver & Salt Lake—

7101

93

6

93

May

contingent interest 2018

.

85'A

86'A

May-Nov

1982

tr

1% "contingent

Chicago & Eastern 111 RR—
AGeneral

trust

coll

Income

116

.

4

98'A

98'A
r

coll

&

Gen

20

99% 100'A

100'A

Feb-Aug

:

&

mtge

General
105

93

99%
101%

3

Div

1973
—April-Oct
mortgage and coll trust 3'As-1977_June-Dec
mortgage and coll trust 27As 1979-Jan-July

First

*101

105

103

1973__Arap-Nbv

series C

5s ser A

tr

Light

&

mtge

.106%

104%

& coll

Power

Denver ,&

103 V2

*112'A 112'A

102'A

103

May 1 2042

1st

103 %

23

i

101

97

*—

1993

4-6s

1st

99%

102% 103 %-

2

103

Western

&

5s

mtge

First

127

102'A 102%

105%

refunding mortgage 3,'As 1985—Feb-Aug
refunding mortgage 27/eS 1970—Feb-Aug

First and

M

due

mtge & coll tr 4%s ser B

First

101'A

117%

5

99

Afap-Nov

1963

1st

Delaware

*

First and

refund

mortgage

^Collateral trust

-102%

*99% 101'A

96

104%

Pennsylvania Division—

55%

>

103

1973—June-Dec

impt M 37As series H

99%

Morris & Essex division

75%

102%

1996—Feb-Aug

R & A div first consol gold 4s 1989——Jan-July
Second consolidated gold 4s 1989—
Jan-July
Chicago Burlington & Quincy RR—
General 4s 1958
1
—Mar-Sept

;•

Lackawanna

and

AIncome

98%; 103

V.

126'A 126'A

.

3'As series E

York

New

86

51%

129

101'A

100% 100%

Jan-July
extended

4s

&

90

66%

i

101 % ,101 %
i

:

94%

11

*94

April-Oct

1977

Hudson

97%

Lackawanna & Western RR Co—

102%

102'A 102'A

Mar-Sept
impt M 3'As series D 1996—May-ZVou
1992

4%s

debentures

3'As

^.Chesapeake & Ohio Ry—
General

1978

Delaware

100'A

82%

32
.

54%

53'A
*101

27%
28%

103

mortgage 3'As 1982—L

.

Feb-Aug
Feb-Aug
Jan-July

1974—

B

v

24

29

*104

100'A

'

—April-Oct

1974
'

.

*26

28

25%

~1

25'/2

23

25 %

29

25%

99

1978—.

1st

*

*26

20

3

96

103'A

98

84

73

36

21%

97

99%

:

100

90

74

32%

*99

3s

Delaware

98

—

90-:

98%

36

21%

June-Dec

1970

4s

21%

June-Dec

L

»Dayton. Union Ry 3'As series B 1965
Deere & Co 2%s debentures 1965

69

96

*99'A 101
*102%

series A 1995
—Jan-July
mortgage 4'/2s series A Jan 1 2020
May
AGen mortgage 4'/2s series B Jan l 2020_*u^May
Central RR Co of N J 3'As 1987
—Jan-July
Central

equip

&

197,0

First

98%

92'..

:

94%
98%

*99'A 101

4s

91

*35%

June-Dec

A.1970

mortgage 3s series A

Georgia Ry—

mortgage

First

94%

98%

A Gen

104

98

*99

107

64%~

94%

—

98

Jan-July

1970

30

First

1102

.97

105 7A

95

95

;

102% 103%

June-Dec

(1942 series). 1970

4s

First, mortgage

106%

103

32

>

69

*66%

>

«

—.

.105% 106

T

of

109

106'A

104%

*100'A 100%

June-Dec
—Feb-Aug
Celanese Corp 3s debentures 1965
April-Oct
3y2S,. debentures 1976
___April-Oct
Celotex Corp 3'As debentures 1960
Feb-Aug
3'As debentures (1947 issue) 1960
Feb-Aug
?§ACentral Branch U P 1st gold 4s 1948__.June-Dec

102%

Zlfap-Nov

103%

'

Jan-July
.'..June-Dec
Feb-Aug
June-Dec

103% 1.05%

.105'A 106

106

Carthage & Adirondack Ry 4s 1981
Case (J. I.) .Co 3'/2s debs 1978

First

106'A

1

104§0

*106'A

Jan-July
Mar-Sept
Mar-Sept

(perpetual)

Capital Airlines Inc 4s
Clinchfield

8

104 §2

—...Feb-Aug

Afap-Nov

—

Big%
100%

99

Dayton Power & Lt first mtge 2%s 1975—April-Oct

108% 109

108 7A

Low

103
101%

105'A 108'A

*107'A 108

Jan-July
_T—June-Dec

Jail. 1

;

No.

RR—

AImp

97

-

Range Sines

Sold

*104

.

mortgage 4s

A 1st

96

93'A

'

-

consol debenture

Central

%

99

April-Oct

1977—*

f debs

.s

Bonds

•

>

High

*99

1976

A 1st

National Ry—

Guaranteed

?

*96%

-

93'A

100

*__

___May-fVou
ApriZ-Oct

Friday's

Bid Hi Asked

1965—-Jan-July

Northern Ry—

Cuba

90

3'As

3'As debs

A 1st

California

or

-

Low

101%

Map-Nov
April-Oci
——Jan-July

Week's Range

Last
8aie Price

High

,

Bu.ldings 5s gtd 1960

Period

•

101

-

„

Interest

BONDS

94'A

97 7A

88%

\

1955-

1957

Cons

23

New York Stoek Exchange

Jan. 1

-

Pittsburgh Ry—

Stamped modified 4%s
Bush

High

1975_Jifay-Nov

Elec first mtge 2%s

Niagara

WEEK

Friday
Sold

Bid & Asked

Jan-July

1971

JULY

Since

Bonds

Friday's

Low

Brown Shoe

FOR

Range

Week's Range

Friday
Interest

BONDS

H
Hackensack

Water

first mtge 2%s

1949..
Hocking Valley Ry first 4%s 1999
Mining

§AHarpen

Household

Finance

Corp

Corp

6s

2%s

Jan-July

debentures

1968

125

125

1

90%

93%

*130%

94

1187A

135%

114%

126%

94%

__

98%

103%

104%

'

125

7

.

"

*97

Mar-Sept
-Mar-Sept

98

104

Jan-July

1970

37As debentures 1958
4'As

*

1976.; -Afar-Sept
..Jan-July
...

'

104

1

*107

105%

107%

*200

'

151

192 %

'

Consolidated

El

Gas

Lt &

1st

ref

M

1st

ref

mtge s f 2%s

1st
,

M

1st
-

ref

ref

M

27As

27As

ser

37As

T

ser

ser

Power

(Bait)

—

Jan-July

1976—

U

1981—
ser

Y

X

.—

Natural

3'As debentures

June-Dec

3'As

debentures

2%s

1968
—

101

99%

96%

100%

*95%

97%

94%

99%

60%

56 %

April-Oct

26%

22%

*105'A 105%

105%
117%

95%

95%

in

cum

U

S

Consumers

inc

debs

140%

190

98%

99%

Illinois

103'A 103%

102%

104%

First

*101% 102'A

105%

107

101%

102%

June-Dec
01

*99'A 100

102'A

102

102'A

39

Illinois

Bell

Telephone 2%s series A
mortgage 3s series B 1978

Central

1981—Jan-July
—June-Dec

Consol mortgage

dollars)
Power

2001

first

mtge 2%-s

For footnotes see na*e 29




payment
April-Oct
1975—..Mar-Sept

67

60%'

381

47

60%

27

341

15%

29

2

93%

11%

11'A

12

141

93%

99% 100

30

11

96%

14%

101%

*101% 102%

—

—

98%
102%

*106

4%s-3%s ser A 1979—May-Now
5%s-3%s series B 1979_May-ZVou

1974.—.May-ZVow
Consol mortgage 37As series E 1982
Feb-Aug
Cons mtge-3%s series F 1984
—_Jan-July
Consol

82%

93

98

102%

RR—

Consol mortgage

Cuba—

(stpd as to

13

140%

138

82%

mortgage 3%s series C

104%
— —

*103%
104

*102

106

103

*103%
•

•

A 3s

85%

107%

AAdjusted income 5s Feb 1957

ApriZ-Oct
_ZHap-Nov

1979

Railroads

95%

*99

140%

101%

f

Jwc-^c

Gas

1976

374s debentures 197«
Consolidated

ApriZ-Oct

—June-Dec

3'As conv debs 1967
Consolidated

*101

1986——-—Jan-July

1983.

Lighting & Power Co 3'As 1967. -June-Dec
Hudson Coal first sink fund 5s ser A 1962 June-Dec
-Feb-Aug
Hudson & Manhattan first 5s A 1957
Houston

—

—

104%
__

__

7

105%

102

103%

101%

105 %

102

102

'

28

The Commercial and Financial Chronicle

(372)

..

Monday, July 26,1954

.

NEW YORK BOND RECORD
FOR WEEK

RANGE

Interest

Last

Period

BONDS

;

•

New York Stock Exchange

Sale Price

or

Refunding 4s
Refunding 5s

(Continued)

May-Noc

1st

Steel Co

3%s debs

§ A First

6s

5s

series

A

series B

3.65s

133

subord

conv

3%s

Oil

debs

t

s

Interstate
1st

♦103

debentures
Power

77%

65

;*

147

:

121% 121%

77%

78 Vi
114 Vi"

114

:16

113% 114

122%

'97

.

1

107

*88

93

70%

J
Power

&

1st

100

103%

102%

102%

102%

*__

103

90%

97%

97%

92%

98

Kanawha
Kansas

Mich

&

1st

,

registered

1st

mortgage

2%s

1976

1980_

*88

June-Dec

*97

99

June-Dec

23/46

Kansas City Southern Ry 4s ser A
-

*99%
105%

4s

103%

*98% 100
'114

103%

98%

5 '

106%

100%

20

99%

116

*55% ' 59

■

__Aprll-Ocf
1959——Mar-Sept

JAKreuger & Toll 5s certificates

*—

102%

170

161%

102% 102%

2%

2%

2%

3%

June-Dee

'

Lehigh Coal & Navigation
Lehigh Valley Coal Co—

3%s

83

April-Oct

92%

84

35

92

June-Dee

1970

A

7

88%
92%

13

90%

85
,

82

84%
93%

87%

&

ref

5s

stamped

1964

1st

&

ref

5s

stamped

1974

Feb-Aug

_

Feb-Aug

54

*55%
2

51%

51%

—

65

45

60

Lehigh Valley Harbor Term Ry—
mortgage

extended

5s

1984

to

Feb-Aug

A

Series

B

4Vis

Series C
A

fixed

4s

interest

fixed

fixed

5s

Series

D

4s

ASeries

E

4Vis

2003

2003

contingent interest 2003

Miami general 4s series 1962
§ALombard Electric 7s series A 1952

3s debentures

3%s

May

3s

93%

83%

70%

2

65%

&

refund

73

86%

65%
71%

78%

3

91%

91%

1

.

—

—

8

April-Oct
Mar-Sept

1 April-Oct

1978

mtge 3%s

AprfZ-Oct

refund mtge 2%s ser G 2003
First & refund mtge 3%s ser H 2003
St Louis Div second gold 3s 1980

ApriZ-Oct
AprfZ-Oct

Atl

Knox & Cincinnati

Gas &

mtge

1st

Elec

3 VbS

mtge

ser

Div

4s

Mar-Sept

1955

May-Nov

1st mtge 2%s

1979__May-Noo

1982

3y„s

*117%
*99

99% 100

12

100

97%

—

--

__

103

103

101% 102
90%

—

—

—

;

*106

107

*94

f

McKesson

2%s

debentures

debentures

1972

*

102%

3

82%

91%

97%

101

102%

103%

1973

Michigan Cons Gas first mtge 3%s 1969—Mar-Sept
First mortgage 2%s 1969—
:1
Mar-Sept
First mortgage 3%s 1969
_Mar-Sept
3%s sinking fund debentures 1967
—Jan-July
St

Mining & Mfg 23/4s 1967

AGeneral

Missouri
-

&

Saulte

mortgage

Kansas

Prior

lien

40-year

.

85

65

65

3

60

65

92%

—

&

St

Prior

5s

ACum

series

4s series B

lien

99%

993/4

10

4%s

1971

Jan

A

ser

first 4s

104%

11
—

104% 105%

28

*96%

__

*100%

*102%

97
__

—

—

—

*99

May

1991—May

1990——June-Dec

1962

series

D
ser

Jan

1967—April-Oct

A

First

and

AGeneral

AFirst
A First

refunding 5s series A 1965—_Feb-Aug

4s

and

1975

—Mar-Sept

,

refunding 5s series F 1977—Mar-Sept
refunding 5s series G 1978—May-Noo

and

SAConvertible gold

5Vis series A

1949—May-Nov
AFirst and refund gold 5s H 1980
—April-Oct
AFirst and refunding 5s series I
1981—Feb-Aug
Mohawk & Malone first gtd 4s 1991
Mar-Sept
Monongahela Ry 3 Vis series B 1966
Feb-Aug
& Co

Morris

first gtd

&

Essex

3s debentures

1958—May-Nov

3Vis 2000

June-Dec

Construction mortgage 5s series A
Construction

mtge

4Vis

series

Mountain States Tel & Tel
3 VaS

debentures

2%s

3s

97%
95

100%

Natl

National

National

First
3s
3s

New

Tel & Tel

guaranteed

101

s

f debs

1974

98%

debentures

|

Western RR—

&

4s

mtge

1994

...v
.

2004:.

A

ser

2%s

—

series

1982—

D

■

.

—

lien

1
74%

1961

80

For footnotes see page 29

1988

56
99

103% 103%
98'/a

98%

.73%

81

4

58%

61

48

48

5

41

*

95%

95%

*106% 107%

—

*95%

-Jan-July

92%

—

3

{
*

104%

'

116%

123

110

110

——

104%

104%

—

*105

*101% 101%

103%

105%

9

101%

102%

37

105%

113%

10

102%

108%

101% 101%

—

99
106

94%

——

•110

;

"87%

102%

— —

121% 121%

108

105

5
—

•

1973—May-Noo

102% i

105%

—

*103% 104%

121%

103% *

98%

'

.

]

54%
J97%

102%

2
•

98

98

93%

4

"

102% 102%

*100% 101%

May-Noo

1997

3s

111%

Quar-Jan

trust

111% 112

2047

1

Quar-Feb

1975

*74%

■

105

77%

67%

— —

98%

14

104% 105%

—

103%

71

17

79%

105% 106

'

■

Mar-Sept

»

77%

77

'

—

Quar-Feb

4%s

108

108

Quar-Jan

Jan

2047

6

74%
106

103%

'

106%

93%

'

105%

103%

36
■'

105%

104%

14

105

103% 104%

98%

"

Power Co—

first

mortgage 2%s
2%s 1975

3s

1974

Feb-Aug

97%

*96

1

April-Oct

97%

--

~3

97%

93%

99%

93

97%

Jan-July
*96

Feb-Aup
June-Dec

■

.

ApriZ-Oct

1979

98

——

—

*__

—

■

•

——

98%

•

103%

104%

91

98 %

86%

~

86%

Mar-Sept

first

mortgage

2%s

June-Dec

—

—

V'

--

mortgage

102

ApriZ-Oct

:

;

1976

2%s

1980

3%s

1982

95%

-

June-Dec

mortgage

J 102

97%

*—

May-Nov
Feb-Aug

1879

3s

*

Max-Sept

1974

1975

mortgage

6

98

182%

'97%

7

95

99%

99 V2

—

95%

~6

97

97

93%

87%

•

—

May-Nov
Mar-Sept

refunding 3%s series I 1966
refunding 3s series J 1970

102

r

101

103

39

103

102%

102

•„

102

103%

;

100%

103%

1

94%

98%

94%
84%

113%

94%

2

84

84%

13

113

89%

li3%

10

298

91%

98

104%

114

113%

113% 114

28

104%

114

104%

93%

252

79%

113%

113

113%

37

104 %

114

113

113%

51

104%

114

*66%

67

*98

100

62%

100

61%

-—

—

100

62%

101% 101%
101 % 101%

*91%

1

51

67%

97

100

99

* 100

60%

63%

5

101%

102%

5

100%

101%

88%

93%

—

'100%

63%

94%

—

97%

100

*89

99%

102%

93

99%

4

95%

98

101%

12

101%

103%

10

99%

104 %

ApriZ-Oct

*99

100%

100 %

100

104

103

May-Nov

102% 103

June-Dec

*97%

May-Nov

108

108

*—

100%

—

31

97%

98%

99%

103

.

10

99%

103%

;

1974

June-Dec

101%

101% 101%

33

99

102%

June-Dec

23

96%

102%'

3s series N

June-Dec

9

96%

102%

3s series L

1977

3Vis

series R

series

2%s

June-Dec

X

'100% 102
102% 102%

„

99%

debentures

1983

debentures

1981

Mar-Sept
May-Noo

3%s
4s

debentures

Pacific

1984

Western Oil

Paducah

Illinois

&

1st

f gold

s

4%s

1964

99

;

——

__

99%

98%

104%;

96

101% I

4

96%

100%;

10

102%

106% ?

22

100%

102%'-

13

100%

100% !

16

92%

94%

'

-

—

*96%

95%
97

'

-

6

98%

3

101%

102

■

;

*101%

•
__

*105% 106%
*106

—

*99%

'

——

•"

——

'

*100%

"

*93%

——

—

99%

19

102% 103%

141

99%;
105

104%
106%;
99%

90%

•

96% *

103%

108

100%

__

99%

99%

106
99

__

95

99%

104%

106%

*

"

94%

—

102%

103% 103%

-

■

■

99%

100% 100%

'•

——

95%
1

'

A

Pennsylvania-Central Airlines 3 Vis 1960_April-Oct
Pennsylvania Power & Light 3s 1975___^__April-Ocf

!

94%

100% 101%

-

June-Dee

1955—Jan-juZy

97

9

97%

104% 104%

*„

Mar-Sept

3%s debentures

*

92%

—

100%

Mar-Sept

3 Vis

•

95%

104%

June-Dec

1978

99%

'

April-Ocf

debentures

*103%

■

-

June-Dec

1985-

97%

—

June-Dec

1984

debentures

*95

•

r

**'

U 1985_June-Dec

ser

1984—.

100y8 1007/a

—Li

-June-Dec

2%s series T 1976
mtge 3%s

series W

-99% 100%

-

■

•

1982—June-Deo^

1983

96

100%i
96

]

101%'

Pennsylvania RR—
Consolidated

sinking fund 4%s 1960

General

4Vis series A

General

5s

General

4 Vis series

series

1965

Feb-Aup
June-Dec

-

1968

B

D

June-Dec

1981

95%

&

ref

mtge

3%s

Eastern first
4s

April

ser

H

1981

external

4s

106'/a 107

95 %

Jan-July
Jan-July

mortgage 4 Vis series E 1984
mortgage 3 Vis series F 1985
Peoples Gas Light & Coke Co—
General

April
Mar-Sept

3%s series D 1980

109%

100%

105%

103

109%

-

95%

79

91%

94%

95%

41

91%

99%)

80

80

3

77%

86%

103%

104%

*103%
J——

10

94%
-

-

--

June-Deo

1960—ApriZ-Oct

1990

106%

*108

102% /
106%

—ApriZ-Oct

General

-

■

67

__

96

96

~5

90

66

68

52

53

99%

96
68

101

101%

4

95%

112

112

2

108%

112%

103

103

1

101

106%

99%

2

96

100%

100% 101 y*

29

98%

101%

98 %

98%

1

95%

97%

—

97%

10

102

Philadelphia Baltimore & Wash RR Co—
General

5s

General

gold

series

4%s

B

1

1974

series

C

1977

Feb-Aug

Jan-July

—

Philadelphia Electric Co—
First

&

First

&

First

&

refunding
refunding
refunding
refunding

2%s

1971

June-Dec

99%

2%s

1967.

May-Noo

101%

2%s 1974—
2%s 1981

May-Noo
June-Dec

&

109

First

&

97%

102

First

&

98%

102

1st

&

ref

mtge

3%s

1983

May-Nov

99 %

104%

1st

&

ref

mtge 3%s

1983

June-Dec

106

99%

-

2%s series P 1981—June-Dec
2%s series Q 1980
-June-Dec
3s series S

100% 100%

-

April-Oct

First

87

5

102%

3Vis debentures 1987

114

92

Tel

——

-102

2%s debentures 1986

104%

92%

&

"

102%

refunding 3 Vis
Tel

"

June-Dec

3s series K 1971

3 %s

85%

97
98%
113% 114

&

Pacific

97

75

113%

98

1st & ref M 3Vis

June-Dec

-June-Dec

3s series M 1979

refunding
First & refunding
First & refunding
First & refunding
First & refunding
First & refunding
First & refunding
First & refunding
First .& refunding
First & refunding
1st

7

102% 102

Jan-July

3

60%

Ry—

First &

87

47%
90

2

103

Mar-Sept
3 Vis

74%

59%

Jan-July
Jan-July

First

B

■

...

^

Jan-July
—Jdn-July

Jan-July

1997

4s

mortgage

First &

100

51

April-Ocf

series

1974




68%

April-Oct
Jan-July

1977

6%

3% J

P

;

Co—

1982

Jersey Bell Telephone

62

— —

mortgage

First &

102%

June-Dec

4%s

68%

Gas

First

96%

29

1970—June-Dec

Corp 1st 3Vis 1982
Supply 23/4s debentures 1967

debentures

68%
—

&

•5%

Oregon-Washington RR 3s series A I960-.April-Oct

10"%

98%

Feb-Aug

Steel

New. England

t

Pere Marquette Ry

June-Dec

3%s

99%

debentures

AIncome

1976

Distillers Prods

94%

First mortgage 2%s 1980
Oklahoma Gas & Electric 2%s

106%
,

52

May-Nov
ApriZ-Oct

1970

debentures

t

97%

3%s series G 1984

Edison

First

102%

102%

Chattanooga & St Louis—

debentures

3>/8s

102% *

*96%

Pacific

Peoria &

First mortgage 3s series B 1986
National Dairy Products 2%s debs

99%

*102

o

104%

N
Nashville

68

Light first mtge 2%s 1975—Mar-Sept

mortgage 3s

mmm

99%

84%

1955—May-Noo
May-Nov

1978

54%

Pacific Gas & Electric Co—

98

1955

B

1986

I

66% 79

375

1%

•Ohio

99%

51%

-

Morrell-(John)

583

-

5%

103%

94%

98

Jan-July
—„Jan-July

1978
A

1027/«

51%

^Missouri Pacific RR Co—
.'

J

85%

9(5%

84%

Jan-July

1962

adjustment 5s

80

82%

104%

—«

103%

RR—

A

76%

10

1973

—

103

*102

Marie—

inc

4s

Texas

^

16
18

*95

--

Paul

92

79%

84%

37

Telephone 2%s 1984

100

80%

101

April-Oct

mortgage 4 Vis inc series A Jan

Missouri-Kansas-Texas
:

95%

8

--

First

84%

79%

3%

First

13

84%

*96%

94

■

91% i

6

Northwestern Bell

102

99

Feb-Aug
-Mar-Sept

Corp first mortgage 3s 1966
June-Dec
Metropolitan Edison first mtge 27/8s 1974—May-Noo
First mortgage 2%s 1980
Feb-Aug
Michigan Bell Telephone Co 3Vis 1988
April-Oct
Michigan Central RR 4Vis series C 1979— Jan-July

Minn

*92-

-

3%

102

99

65

86

94%

95%
--

95

106 y2

101%

—

103%

100
88

——

84%

Mead

Minnesota

*92w

96%
92

' 98%

96

June-Dec

3%s 8 f debs

First

84%

i

1955

First mortgage 3%s 1982
(Wisconsin) first mortgage 2%s 1977

105

>

21

—

■><

/.

mortgage 3s 1978
First mortgage 2%s 1979

101%

102%

90%

84%

,

,

First

1017/a

91%

98
—

Jan-July

1978

Robbins 3'Vis debs

&

ser

Natural Gas

First

»

!

90%

96
-

67%

(Minnesota)

104%

98

2

*100% 102
■>

103%

89

*96

79

registered

First

(R H) & Co 27/es debentures 1972
May-Nov
Manati Sugar 4s sinking fund Feb 1
1957—May-Noo
Manila RR (Southern Lines) 4s 1959
May-Nov
s

*95 ,i
—

65%

Northern States

9tJ

96%
1

100

—

Feb-Aug

91

103

64

v101

95

:-,i

r.

May-Nov

I

mortgage 4%s series A 2019

Collateral

66%

'

Refunding & improve 4%s ser A 2047—Jan-July
Refunding & improve 5s series C 2047—Jan-July
Refunding & improve 5s series D 2047
Jan-July

119

65

58%

63

99%

99%

-

75%

registered

3s

93

89%

96
—

Feb-Aug

1984

Dept Stores

*60%

67

59

67%

mtge

lien

1

58%

64

78%

Electric

General

78%

72%

5

May-Nov

1973-

f

s

4s

72%

100

*93V2
*103% 104%

Macy

3%s

series B 1975

Port Chester—'

&

r

57%

A* 2007—-Jan-July

&

mtge

Prior

66

115

64%

64

Jan-July

Telephone

3Vis

M

May

75% '

mortgage 2%s 1980—
April-Oct
mortgage 3 Vis 1983
Feb-Aug
mortgage 3 Vis 1983—
Aprll-'Oct
Norfolk & Western Ry first gold 4s 1996
April-Ocf
Northern Central general & ref 5s 1974
Mar-Sept
General & refunding 4%s series A 1974_Mar-Sepf

86

56%

'

First &

1st

70%

-

General

78

80%
63%

80

65 %

78%

__

May-Noo

F 2003

Louisville

20

-.General

70%

Louisville & Nashville RR—
First

74

74
64

•62

Niagara Mohawk Power Corp— ■General mortgage 2%s 1980

88

*70 VB

June-Dec

1976

debentures

86

7

*84 %

%

1976_June-Dec

1963

debentures

7

*77

65

May

April-Oct
April-Oct

D

ser

93

85%

70

—

contingent interest 2003—May

Long Island Lighting Co 3%s
Co

92

85

—

May-Nov
May-Nov
May-Nov

Little

(P)

Y

Northern

2003

interest

interest

Jan-July

A Series F 5s
contingent interest 2003
Lehigh Valley Terminal Ry 5s ext 1979
Lexington & Eastern Ry first 5s 1965

Lorillard

79%'

■77%

'

1973—

B

cons

Northern

Lehigh Valley Railway Co (N Y.) —
1st mortgage 4 Vis extended to 1974
Lehigh Valley RR gen consol mtge bds—
Series

74%

*

General

1st

1st

65

•

Jan-July

4s

1st

&

Ref

88%

86

78

'

Refunding mortgage 3%s series E 1978—Feb-Aug
'Refunding mortgage 3s series F 1981
Jan-July

-J

so so

78%

75%

mtge conv inc 4%s series A 2022—May

AGeneral

N

i

70%*

67%

107

A 2043-

series

Y Susquehanna

-1st

;

Jung-Dee

1998

2%s

Lakefront Dock & RR Terminal—
1st mtge sink fund 3% ser A 1968
Lake Shore & Mich South gold 3V2S 1997
3'/2s registered 1997

62%

274

April-Oct
May-Nov

River

Y State

Term

102%

2%

220

78%

Feb-Aug

gtd 4s 1993

168

99%

'

'I

84%

1998_Feb-Aug
Feb-Aug

gold 3%s

N

N

April-Ocf

1997

<

98%
100%

70

1998

N Y & Putnam first consol

100%

98%

100

92%
94%

77%

69%

Feb-Aug

refunding mtge 4s

N Y Power

51%.. 58

.

100% 100%

Jan-July

1961__

Kings County Elec Lt & Power 6s
Koppers Co 1st mtge 3s 1964_

&

v* AGeneral

116

94%

6

16

•84%

1st mtge 4 Vis series A 1973
Jan-July
tAN Y Ontario & West ref 4s June 1992—Mar-Sept

.

1

97%
100%

77%

Jan-July

s

West 4s series A

AGeneral
Harlem

104% 105%

j

99% '

84%

gold 3 Vis 2000

series

First

94%

100

97%

Jan-July

N Y New Haven & Hartford RR—
**

103% 103%

April-Oct
Kentucky Central 1st mtge 4s 1987-,...—Jan-July
Kentucky & Indiana Terminal 4%s 1961
Jan-July
Stamped 1961
:
Jon-July
Plain
1961
Jan-July
unguaranteed

99%

*97

—June-Dec

-

90

99%

1975—ApriZ-Oct

1st mortgage 3%s series B 1968
Kansas City Terminal Ry 2%s 1974

4%s

84

94%

ApriZ-Oct

1990

4s

mortgage

100

30

69%

:

Mortgage 4s series B 2043—

•

4%s

June-Dec

mtge

City Power & Light
27/,s 1978

1st

i'

gold 3%s

Y Connecting RR 2%s

.Mortgage

•

104

100%

April-Oct
April-Oci

1998

Cent collateral

N Y Lack &

K

99%

100

Refunding mortgage 3%s series E 1980—June-Dee
First mortgage 3s series F 1986
April-Oct

96%

1976__Mar-Sept

Light 27/es

94%

103%

100%

_

Feb-Aug

1997

collateral

N Y & Harlem

94%

«

100%

1998-

A

3 Vis 1997—

registered

3%s

(

97

ApriZ-Oct

New York Chicago & St Louis—

N

1959__June-Dec

4s

series

registered

Shore

Michigan

'w.-:.;'.

.

Jamestown Franklin & Clear
Central

103%

*__

—

4s

Lake

3%s

99%

Feb-A up

1954

N Y Central & Hudson River RR—

89

104

4priZ-Oct
Feb-Aug

•

85%

96%

__

104

2N*»

81%

Central RR Co—

107

100

*97%
*102%

1956

D

Jan. 1
T,ow

No.

90

May-Noo

1956

General mortgage

*—

Mar-Sept

1978
_

C

series

114%

Jan-July

1977

A

series

4 Vis

5%s series A

*85

Range Sine*

Sold

''PA

'*

Refunding & impt 4%s series A 2013
Refunding & impt 5s series C 2013

115

97%

4

1977

1954

New York

ei%

6i

Jan-July

series

B

5s

AFirst

3 %8
107

1972—May-Nov

B

103 Vi

104%

series

AFirst

117%

101%

—

Jan-July
5s

102%

62

...

Co—

3%s

5s

A First

Consolidated

121%

April-Oct
__Jan-Ju!j/
Jan-July

1952

1977

mortgage 3s 1980

Jersey

135%
93

92

—

117

116

3%s

JNew Orleans Texas & Mexico Ry—

-

.

Jan-July

July

1st

/

New Orleans Terminal

97%

Pipe Line Co—

mortgage

1st

133

♦88%
117

Mar-Sept

RR—

—;

Rys Central America

Interstate

Jersey Junction RR gtd first 4s 1986—Feb-Aug
New Jersey Power & Light 3s 1974
Mar-Sept
New Orleans Great Nor 5s A 1983
Jan-July

105

89%
123

Bonds

Friday's

or

Bid A Asked

New

103

103%

A First
gold 5s series C 1956
International Minerals & Chemical Corp—

Inter

High

102%

—

Last

Sale Priee

->*

AFirst

1952
A

High

103% 103%

♦102%

1986_June-Dec

C

1982

1956_

Low

NO.

*98% 100

Mar-Sept

Great Northern

§AAdjustment 6s series
A First

Period

Feb-Aug

1972

mortgage 3.20s series I

^International

Interest

New York Stock Exchange

Jan-July

.

Indianapolis Union Ry Co—
Refunding and' imp 2%s series
Inland

BONDS

Jan. 1

May-Noo

1955
1955

Week's Range

Friday
Range Sine*

Sold

—

Illinois Terminal Ry 4s series A 1970
§AIlseder Steel Corp 6s 1948—

23

Bonds

Friday's

Bid A Asked

-

Low

Illinois Central RR

JULY

ENDED

Week's Range

Friday

refunding 2%s 1978
refunding 3%s 1982

99%

94

99%
98

Feb-Aug

*99% 100 %

97%

100

Jan-July

'104% 104%

103%

105

105%

105% 105%

15

105%

108

103% 103%

8

103%

104%

NEW YORK BOND RECORD
RANGE

Week's

Friday
BONDS
New York Stock

c-

-

Interest

KiofcoofC

Last

Period

■

Bale Prise

Petroleum

3.70s

2%s

deb

conv

debentures

1964—Feb-Aug

100 %

June-Dec

111%

1983

PiUsbury Mills, Inc 3%s s f -debs 1972
June-Dec
Pittsbgh Bessemer & Lake Erie 2%s 1996—June-Dec
Pittsburgh Cincinnati Chic A St Louis Ry—
Consolidated guaranteed 4a
Consolidated guaranteed As

No.

High

100% 100%

1957—May-How
ser H
1960—Feb-Aug
Consolidated guaranteed 4%s ser I
1963—Feb-Aug
Consolidated guaranteed 4%s ser J
1964_Jtfay-Nov
Pittsburgh Cine Chicago & St. Louis RR—
General mortgage 5s series A 1970
June-Dec
General mortgage 5s series B 1975
April-Oct

Low

13
510

♦103%
♦103%

102% 104%

108%

*■

General

mortgage 3%s series E 1975

Pittsb Coke & Chem

1st mtge

3 Vis

105

mtge

3%s

series

A

84

May-Noo

1984

3

•

104% 105

April-Oct

♦99

1964

Pittsburgh Consolidation Coal 3Vis 1965—Jan-July
Pittsburgh Plate Glass 3s debs 1967
April-Oct
Pittsburgh A West Virginia Ry Co—
1st

-105%

-

10

I
♦

100

101% 101%

~

*102%

,107%

First

general 5s
First general 5s
•

•First

general

series

C

99% 101%

101% 103

Texas

First .mortgage

2%s

1984

Terminal 4s 1956
Public Service Electric A Gas Co—

-

-

.

3%s debentures

1972

>

II

73

74%

34 %

400

♦104%

•

•135%

♦

5 A Direct

mtge

5 A Direct

7s

12
3

3%s

218
102%

mtge

*100

_Jan-July

•97 »A

AConsol mtge 6s 1955
Rochester Gas & Electric

•134

Lawrence

Second
St

123

123

123

100%

102% 105
105%

100%

(subord)

gold

6s

123

123

series A 1971—
1st

gold

1996

Union

Depot 3%s B

New

mtge

3%s

3s

f

s

England

series

1971

1st gtd

131

106%

130

107

130

4s

&

3%s sinking fund debentures
4%s s f debs 1972—

Vanadium

2%s debentures

~1
—

6%s

1951

1941

80 %

83

100 %

104%

6

86 Va

94%

109%

100

100

118

__

5

167% 168

95%

95%

U

95%

95'A

Gen

175

Indiana

Ry

Natural

Gas Co

2%s

1994

4%s

4%s

(Oregon Lines)

Gold

4%s

_

4%s

2

100%

4

97

♦142'/8
65
105
♦101

28

106%

66

101%

95%

779
!

96'A

52

'

--

--

West

1

101% 101%

74%

139

49%

91%

,

A

mtge 3%s

115% 117%

299

109

18

103%

106%

87

103

107

30

102% .106%

106%

106 »A 106%

106%

106

ser A '75—June-Dec

106%

99%

v<

99%

2

Oil

Standard

Oil (N J)
debentures

2%s

2%s

94%

94%

*103%

104

86%

34

95 y4

106 »/s

102

:L_

99

103%

102%

—

'v-'i':''

"2

81%

81%
98

98

1

71

71

1

62'A

*60

*87%

83%
82

99%

95'A

72%

68

1

rl02% 102%

102%

115

55'A

59 y*

103%

—

105%

—

23

103% 103%
*95

—

*100% 103

May-Nov
Jan-July

1974

78

77%

85

*83

101

14

103

104%

—

107

67%

66%

33

59 %

66'A

103%

103% 103%

5

102'A

104'/a
106%

first

4s

1966

2361

guaranteed
;—

66

68

7

194%
96'A

97

230

102%

105

97

97

67%

,

2

105% 105'A
—

61%

Union

103%

Afar-Sept

Jan-July
Mar-Sept
Mar-Sept.
Jan-July

first

Co

&

mortgage

3s

:

!

first

B

♦104%

'

<96%

.

102

102%
106

103

—

'

103%

95%

100'A

1

—

102

98%

30

100% 100%
<—

*

90

80
5
—

—

102% 103

103

98%
123

196

__

*90

Jan-July

100

94

-94 y8

—

—

*101% 101%
*101'A

April-Oct

1958

1960

4s

1

95%

♦119% 113

■

S

103% 103%
*97%

—

May-Nou

1965

debentures

Winston-Salem

v

95%

Jan-July

Mar-Sept

3%s

RR—

5s

conv

3%s

87

93

79%

9*%

i

■

i

Co—

mtge 4s series A 2004
—
Gen mtge 4'As inc ser A Jan 1 2029—
Wisconsin Electric Power 2%s 1976

88%
97%

.

RR

'1st

17

122

130%

102 %

102% 103

52

101%

103%

106

First

1971

Wisconsin Public Service 3'As

13

70%

70%

128

64%

73%

94

94

1

90%

95

82'A

82'A

May

70%

June-Dec

Afar-Sept
Jan-July

mortgage 2%s 1979

80%

83'A

-Jan-July

,

87%

j

104

100

*103'A 104

12

105%

106%

107'A

S

106%

108

117% 117%

106 %

10

110%

117%

Yonkers Electric Light & Power

106

106%

included in the yearis range,
u
Included in the year's range,
n Under-the-rule sale not included in the year's range,
r Cash sals
not included in the year's range,
y Ex-coupon.
INegotiability impaired by maturity.
under Section 77 of
tCompanies reported as being in bankruptcy, receivership, or reorganized
the Bankruptcy Act, or securities assumed by such companies.
week.
♦Friday's bid and asked prices; no sales being transacted during current

*

107

*98%

106%

*96%

1967

72%

April
—June-Dec

72%

94 %

1982—April-Oct

107%

1971

96%

__

94%
100

Jan-July

92%

100%
5

72%

Y

94%

15

9b

102%

72%

87%

288

a

103%

67%

108%

92'A
107

96%

Afay-Nov

1974

—

*102% 103%

Afay-Nov
2013

debentures 2%s

3

•.

84%

130% 130%

May-Nou
April-Oct

1985

conv

96'A

2

87

96

'

Central

♦93

2%s 1976-Jan-JuZy

94

92%

92%

--

'4

;

4%s

6

92'A

130%

Jan-July

debs

gold

92'A

April-Oct

:™:

(Indiana)

:

105%

105

*103'/a 103%

105%

101%
*106'/b 116'A

Jan-July
Jan-July

Shore

Wilson

99%

96%

100%

8

—

.

1983

Coil Products

3'As

Wheeling •& Lake Erie RR 2%s A 1992
3'As series C 1970
First mortgage 3'As series D 1967

117%

106'A 106%

101

96

—

!

99%

97%

104% 104%

104%

Feb-Aug

Electric Corp 2%s 1971
Westphalia United Elec Power Corp—
§ A 1st mortgage 6s ser A 1953

75

106%

Joint

Standard

Electric

registered 2361

Wisconsin

Northeastern

first

•II

1976—Afay-Nov

Westinghouse

99%

117%

6%s series A 1956

Standard

1971
3'As

debentures

conv

101
-

—

April
1991—April
Feb-Nov

Telegraph Co—
30-year 5s I960
4%s debentures series A 1980

97% 102%
92%
97%

Afar-Sept

Memphis Div first gold 5s 1996

Internal

Co

115%
101

94

97%
101

•__

—

Petroleum

Western

1973-June-Dec

mortgage 2%s series E 1986—
Jan-July
First mortgage 2%s series F 1996
Jan-July
First mortgage 2%s series G 1961
±i—Jan-July
Southern Ry first consol gold 5s 1994
Jan-July
Devel and general 4s series A 1956
April-Oct
Devel and general 6s series A 1956
ApriZ-Oct

3%s 1977
Southwestern Bell Tel

—

101

*96'A

Western

96%

70

103%
190%

105

115'A

110

105% 105%
67
67'A

48

•

118

112

4'As series B Jan

mortgage 3'As series B

Penn

West

66

110%
98% 101%
96%

3

75

May-How

debentures

96%
99%

w

West Penn Power 3%s series I

97%

98%

♦97%
75

25

96

96

First

3%s

94%

-

93'A

Maryland Ry 1st 4s ser A 1969—April-Ocf
1st mtge 4%s series B 1970
May-Noo
Western Pacific RR Co 3'As ser A 1981
Jan-July

98

125

—

65%
106%

104%

93

Southern Pacific RR Co—

ASpokane

90

97

•100% 102

Westchester Lighting, gen mtge 3'As 1967—Jan-July
General mortgage 3s guaranteed 1979
Afay-Nov

99

96%

May-How

&

4

—

*100

r-

4s income series A Jan 1981

Washington Terminal 2%s series A 1970

97

1977

1981

Orleans

93Mi.

*97

Corp 3'As conv 1966—April-Oct
Warren RR first ref gtd gold 3'As 2000—Feb-Aug

101

91%

conv

1969

Gold

New

5
2

Co—

RR

Wheeling Steel

First

and general

•

115'A

1969——. June-Dec

debentures

mtge

mtge Income

First

Southern Pacific Co—

Devel

ref

Walworth

97%

92%

1

95'A

*96%

Jan-July
Feb-Aug
Jan-July
Jan-July

1987_

1st

.

92

93'A

'll
CI

consol

&

Gen mtge

118

123%

100

♦101 % 102%

June-Dec

1979

San Fran Term

103%

92

1959—Afar-Sept

100%

104 y8

5
:■

100%

97%
105%
105%
103%-105%
104'A-106%

—

104'A 104'A

i

'

\

*96 %

■

—

•103% 104%
'

4

95

97%

'

'

.

1047A 1047/8

mortgage & refund 3%s ser I

Wabash

99%

95 Va

—

•120%

April-Oct

2%s debentures 1985

Southern

•104%

Afay-Nov
ApriZ-Oct

.

—

.

—

99

i

86%
91%
tl04%. 106%

5

105

♦97'A

L—

7

12

of America—

subord

RR

118

101%

103% 103%

1965

Corp

conv

/■

107

7

116

Telegraph Co—

Southern

105

96%

6

;

89 %

*102%

'

1967—

->

100

*100

1981- .June-Dec
.April-Oct
3%s ser J 1982
Virginia & Southwest first gtd 5s 2003— Jan-July
First consolidated
5s 1958—
_April-Oct
-Afay-Nov
Virginian Ry 3s series B 1995
First lien and ref mtge 3'As ser C 1973- _April-Oct

80

45

*99%

Jan-July
Jan-July

Oil 2%s 1976
South & North Ala RR gtd 5s 1963
Southern Bell Telephone &

debentures

100%
104% 122%

105

105

April-Oct

1st

97%

71

90 >A

April-Oct
April-Oct
Mar-Sept
Feb-Aug

1982

1971

Corp coll trust 7s
Corp 3Vis conv 1983.

debentures

1973

1976_i

lst

95

June-Dec

Skelly Oil 2%s debentures

2%s

103%

89

-89%

gtd 4s series A 1955. _Feb-Aug
.May-Nov
sinking fund series B 1957.
Virginia Electric & Power Co—
First and refund mtge 2%s ser E 1975- _Afar-Sept
First and refund mtge 3s series F 1978. _Afar-Sept
First and refund mtge 27/8s ser G 1979- -Juiie-Dec
Flrst and ref mtge 2%s ser H 1980
_Mar-Sept

102%

98%

--

80

116

June-Bee

Socony-Vacuum

3s

2

3

100

100

■

98%

97%l

—

99 V*

99

99 Y*

Consol

*100

Mar-Sept
1966

t§ ASilesian-Amer
Oil

5

3%s

Vandalia

*108% HO

116

May-How

1974

Halske

99 %

104% 104%

104%

-Jan-July
Jan-July
Feb-Aug
Apr-Oct

mtge A coll trust 3%s 1971
mtge & coll trust 3%s 1972

Warren

s f debs
Shell Union Oil 2%s debentures

§ASiemens

--

•97

,

94%- 99 1
99% 101%

3

'

'

1989—May-Nou

1977

& Sons 2%s

debentures

"

II

90'A

—Mar-Sept

Service Pipe Line 3.20s

Sinclair

106%

"

104'/e 104%

104 %

May

April-Oct

1980..!

B

debentures

Seagram (Jos E)
3s

3

12

"

♦83

—Jan-July

Scott Paper 3s conv debs 1977
Seaboard Air Line RR Co—
1st

152

Ry Co—

4s bond certificates 1989
May-Nov
Second 4s inc bond certificates Nov
1989-Jan-July
Paul & Duluth first cons
gold 4s 1968—June-Dec
V &

123

80

First

Paul

103% 107

1

*

97%

101%

123%

♦98

..April-Oct

Francisco

123

♦101%

Mar-Sept
1996_jan-July

5s

mortgage 4s series A 1997

Scioto

97%

Feb-Aug

1976

debentures

Universal Pictures 3%s debentures

Corp—

mtge inc 4%s series A Jan 2022
St Louis-Southwestern
Ry—

St

1972

106

106

*101

June-Dec
Afay-Nov
1970
June-Bec
I
——Afay-Nov

United Gas Corp. 2%s 1970

87

81%
96%

--

122 »A 123

A Second

St

98

—April-Oct

i

Adirond'k

&

Louis-San
1st

10

-

152

.—Feb-Aug

—

General mortgage 4%s series D 1977—
—Mar-Sept
General mortgage 3 Vis series J 1969—
Mar-Sept

St

86%

—May-How

1953.

'

Saguenay Power 3s

' '<•"

Refunding mortgage 2%s series C 1991_^Afar-Sept
Union Tank Car 4%s s f debs 1973
ApriZ-Oct
United Biscuit Co of America 2%s 1966—ApriZ-Oct
3%s debentures 1977—
Afar-Sept

97% 100%

86%

__May-Noo

1952

6s

98%

Power Corp—

1950—

6s

mtge

-

Afay-Noy
Afay-Nov

coll tr 2%s 1980—

debs

coriv

2%s

*

5 AConsol

37%
\100%

98

3

75%

15%
95

Union Pacific RR—

135%

97-

99%

103% 103%

1995 .-May-How
1973—. ..April-OiSt

debs

105%

A102%

54%

13

98%

98%

1975—ApriZ-Oct

1968—1

V-SV&s debentures

Rhine-Westphalia Elec

V.:;"r'

u

mtge 3%s 1982—
Union Oil of California 2%s debs

103
105%

100%

100.

104% 104%

series D

3s

73%

and

1st

131

V

,101%

•100

1st mtge &

99% 100%

200 '■;<

—

215

215

debentures

U S Rubber

Tobacco

130%

95

133

31%

1974

3%s

First mortgage and coll trust 2%s

-

(R J)

1

99% 100

1st

Reynolds

98 %

33%

1st

Reading Co first & ret 3%s

98%

101

101%

Pacific—

Union Electric Co of Missouri 3%s 1971

103

17

101% 102

1983—April-Oct

1964

17

122

—

105

-

101%

92

15

105%

94

21

100% 100%
'

•131

3%s ser E 1985—Jan-July

Orleans

;f

100

99%

♦—

-June-Bee

Quaker Oats 25/es debentures

101%—100% 101%

99%

3s

♦100 'A 101

May-Noo

1st and refunding mortgage 3Vis

i

^

98%

98

95
98

refunding mortgage 354s 1968—Jan-July
First and refunding
mortgage 5s 2037
Jan-July
J First and refunding
mortgage 8s 2037—June-Dec
First and refunding
mortgage 3s 1972—May-How
First and
refunding mortgage 27/8s 1979_June-Dec
.

99%
104%

'

4

...

"

Afar-Sept

debentures; 1963

II

97%

First and

-

94%
101V*

Jan-July
April-Oct
impt 3%s I960—June-Dec
Tri-Continental Corp 27/8s debs 1961
Afar-Sept

107

106

-111

119%

6
69

'

Mar-Sept
Feb-Aug
Jon-July
May-How

Providence
3s

*__

111

t

98%

98 %

t A Third Ave Ry first refunding 4s 1960
AAdjustment income 5s Jan I960—.

Feb-Aug

98
101

94

June-Dec

New

RR of

June-Dec

Line 2%s 1970
Potomac Elec Power 1st
mtge 3Vis 1977
First mortgage 3s 1983

M

Pacific-Missouri

Term

June-Dec

D 1977

Plantation. Pipe

i

and refund

General

Tol & Ohio Cent ref

1974

4Vis series

95

•.

%

100%

101

__--"102% 102 %

1990—ApriZ-Oct
Texas & Pacific first gold 5s 2000—
^June-Dec

Afar-Sept

Ashtabula Ry—
series B 1962

95

98%

•119% 123

w —

May-How

and refund M 3%s series C

First

100%

Pittsburgh Youngstown A
-■

—

95%

♦__

<

High

Low

104% 104%

♦__

3%s series B 1970—ApriZ-Oct

First and refund M

81% ->88

96%

v.

High

♦__

impt M 4s series C 2019
Jan-July
impt 2%s series D 1985—_».April-Oct

and

Texas Corp 3s debentures 1965
Texas A New Orleans RR—

103% 108%

15

84

-

104

i

-

Refund

Refund and

-

105

♦104%

Jan-July
Jan-July
May-Nov

Jan.l

No.

Terminal RR Assn of St Louis—

109

108

10

Mar-Sept

1973

debs

Range Bins®

Sold

104

108

...

-

—

3%s

Chemical

2%s debentures 1973—

; 97

102%

108

108

103%

93%

—

♦107%

Stauffer

Sunray Oil Corp. 2%s debentures 1966
Swift & Co. 2%s debentures 1972—

115

Bonds

or Friday's
Bid A Asked

|

Loto

98% 102%

—

Bale Price

.High

107%

97

Last

Period

.

New York Stock Exchange

100

i-

Week'a Range

Interest

BONDS

Jan. 1

110% lll7/8

G

ser

23

Range Sin**

Bold

•101% 102%
•96%

JULY

Friday
Bonds

Bid A Asked
Loto

Phillips

FOR WEEK ENDED

Range

Friday'*

or

97%
111

8

91

9

95%

delivery

sale

not

-

95%

95'A
100%

Deferred

A Bonds

100%

selling

flat.

AMERICAN STOCK EXCHANGE
WEEKLY

RECORD

YEARLY

AND

In the

following extensive list we furnish a complete report of the transactions on the American Stock Exchange for the week beginning Monday,
July 19, 1954, and ending Friday, July 23, 1954.
It is compiled from a report of the American Stock Exchange itself and is intended to include ev
y
security whether stock or bond in which any dealings have occurred during the year.
RANGE

Week's

Friday
STOCKS

Last

American Stock Exchange

Sale Price
Par

ACF-Brill

Motors

Acme

Aluminum

Acme

Wire

Adams

Co

Hat

III!
10

Inc

Manufacturing

Air Associates Inc

common-

(N J)—




4

1

7%

1

Friday

3%
6%

T.nw

■h
4'A

400
—

3%

300

III5
1

—

4%

7%

8%

—

Last

3% Mar
27

Mar

Jan

4%
30

Apr

Airileets

3

Air-Way Electric Appliance

May

Jan

37/a

Jun

9,300

2% Mar

4 !/a

July

7,300

x5 'A May

2%

Sale Price

7% July

8'A

8%

3,100

7%

Jan

10%

12%

12'A

100

7'A

Jan

13% May

Feb

1

.

Gas

Alabama Power- 4.20%

Airlines

j.

2
50

preferred—i—10o

Inc

Algemene Kunstzijde Unie N V
Amer dep rets Amer shares

1

13'A

13%

—

137/a

—

5'A
—

Range Since Jan. 1

Shares

Low

9%

3,200

10'A

400

Feb
Jan

2,800

%

25%

16%

Jan

5

100
5%

4,400

31*A

317A

%

23%

100

July

15% May
II

Jan

25% July

Jan

121

96%

Jan

103

3%

Jan

5% July

24% Feb

32% July

107'A
25
'

700

I

High
xl4

Jun

7,700

>®

%
24%

Sales
for Week

high

12%

13'A

.i—50c

Corp
Alabama Great Southern

Alabama

Alaska

—

Inc

Ajax Petroleums Ltd

Week's
Range
of Prices
Low

Par

High

% May

1,200

*
„

23

American Stock Exchange

Range since Jan 1

High

__

3

1

Aero Supply
Manufacturing
Aeroquip Corporation
Agnew Surpass Shoe Stores

Ainsworth

4
— —-

JULY

STOCKS

Shares

Low

■

ENDED

for Week

A

Alloys

common

WEEK

Sales

Range
of Prices

warrants—

Stores

FOR

July
Apr

Commercial

The

and Financial Chronicle

.

.

Monday, July 26, ,1954

.

AMERICAN STOCK EXCHANGE
STOCKS

Range

Sale Price
Par

All

American Engineering Co
Alleghany Corp warrants
Allegheny Airlines Inc
—.—:
Alles -&

Allied

Fisher

3%

1,600

1%

Jan

3% July

ft

2%

8,000

118

Jan

2%

Feb

2lA

1,900

2% Mar

2%

Jan

7%

8 %

July

2

1

1

stock—1

Products (Mich) common
Altes Brewing Co
Aluminum Co of America—

200

2% Mar

950

27% Feb'

4'/a

800

3

Jan

96%

550

92%

Jan

99%

Apr

23%

600

22 % Mar

23%

Jan

Carter

10

350

11%

Jan

Casco

4% Jan

7 "A

July

Jan

33 %

Jun

Catalin

% May

1%

Jan

Cenco

3

4

4

95%

100

Aluminum Goods
Manufacturing.,
Industries common.
Ambrook Industries Inc

•

10

.25c

23'A

23'A

*

—

Aluminum

9%

6%

7'A

Air Filter 5% Conv pfd——15
{American Bantam Car Co class A
1

"V/4

Beverage

American

Book

Co

Hard

Rubber

7,000

Natural

American

'

Feb

Central

Jan

59

July

Central

Jan

13% July

Conv

22%

22 VB

22%

1,150

21'A

21'A

22%

400

20% Mar

23%

Apr

19

25%

Feb

Jun

—

50

33

Jan

37

533A

51%

54

2,200

48

Jan

2

12%

12

12%

950

600

4 Vb

5

15%

15

15%

5

.

1,000

12

3.50%

4%

Cessna

9%

6,800

8% July

14'/8

Feb

Camberlin

21 £
8%

2%

9,600

211

Feb

313

Jan

Charis

200

7%

Jan

9%

Jun

American dep

Co

£1

36%

34%

36%

1,300

23

2.40

6%

6%

6%

2,300

4

37

Jan

% Mar

Angostura-Wupperman

1

Apex-Electric Manufacturing Co

1"

Appalachian Elec Power 4%%
Argus

pfd—100

Cameras Inc

Arkansas

5

4%%
Aro

17%

17%
21%

5

Fuel Oil Corp

Louisiana Gas Co
Arkansas Power &
Light $7 pfd
Armstrong Rubber Co class A—

107

—

1

Arkansas

12%

20%
12%
113

*

,_*

convertible preferred—

4%

200

3%

900

9%

Jan

90

18%

6,300

20

20

22

11,000

12%

15,100

113

10

20%

700

50

Equipment Corp

2.50

14%

14'A

14%

2,800

dep rets reg

Associated

Laundries

Associated

Tel

-

CI

A

(ex

&

$43

—£1

of

America

8'A

paid

Jan

17%

1%

1%

1%

1.900

1%

Line

Co

120

50

Jan

26%

Jan

29 %

32

32%

200

23%

Jan

32 Va July

100

78%

72 Va

Jan

„—

■_

1,360
1,000

l'/a

Feb

Co

85 %

Jan

10%

28,500

5%

Jan

8%

Jan

II Vb

6%

16,300

5%

1,200

%

Jan

.1

ft

2,200

■in Mar

%

1,2JU

,17% Jun

19%

24'A

24 Vb

(The)

Mining—

Cable

&

Corp..

Controller

Co

12

Jan

16% July t
7% Jun

15%

16

1

6%

7 Va

4,500

5'A

5%

65,700

5%

Feb

4

Jan

5% July f
12Va

Jan;

Jan

10%

Jun

Jan

33%

Apr

10% May

50

400

8V4

30

31

700

26 V«

4

400

Aluminum

?

Products

Caribbean

Oils

Co

*

vtc

Colonial; Airlines
Colonial

■

Sand

2%

Stone

2%

16,300

7%
36

Co

11%

11%
5%

5,200

10%

11%

2,600

13 VB

12%

13%

,5%

.

*

-

>

Jan ;

3% Mar
11%

-

■

>

Jan

:

44'A May
13% Feb

Jan

10

3,6UJ

;4%

11

11%

1

Feb

31

300

36

5

3% July
2'/4 Feb

—*

—:—..._____il

—

&

3%

10c

Equipment Co
Development - ordinary..

Colts

common..

Commodore Hotel

Jan

Community
Compo

2%

300

2%

Jan

3% May

Jan

13

Mar

Feb

5% July

10'A Mar

12% May

3%

Gas

Consolidated

8

Utilities

•

Baldwin Rubber

1

13%

13%

13 Va

700

lc

3%

3'A

3%

10,600

2% May

7

6

Jan

7'A Mar

118

2 Vb

1% July

218 Mar

6%

6%

200

2%

7% July

5

5%

22,800

50c

Light & Power Ltd

2

i'tf

*

Barium Steel Corp

5'/2

1

Inc

20

13,400

9%

500

1 %

1%

1%

9,200

1

5%

5 ]A

5'A

300

1

common

Beck (A S) Shoe
Corp
Beckman Instruments Inc
Bellanca Aircraft common

Telephone of Canada

common

25

14

1,400

13%

21 VB

22%

5,000

5 Va

6%

6,400

8% Mar

50c

20%

19'

21 Va

12,800

13 Va

Jan

21'A, July

1

16%

15 Va

17 Va

21,100

12 Vb Mar

17% July

'

2oV»

2 /

3,83J

22%

Feb

30'A May

12%

12%

2.0OT

10 Va

Feb

13% Mar

7%

7%

7%

1,700

7•

b*

Air

Aviation
Car-Na

Commercial

Lines

&

Engineering.'.1

Var

Corp

Corp..

i

I

34

1

1

H

7% July

6% May
5% Mar

J

%

%

900

%

1

Jun

9

13

Jun

Jan

5»A May
20'A Jan

27% May

6

May

45%

45%

45

10%

10 Vb

10%

2,500
800

40% Jan
9%

Jun

10%.

10 Va

400

17%

18%

com.*

18%

3,400

7%

7%

325

10

15

14

14

10'A

Jan

14

A

Jan

ft July

8%

Feb

10% July
9 'A July
19 Va July

prior cumulative preferred—100
Borne Scrymser Co
5

Crown

Jun

$6

Cuban

Feb

24 %

Jan

34% July

95

110

88%

Jan

96% May

Curtis

3

100

2%

3%

900

2%

3,100

8%

8%

3,800

5%

5%

700

4%

2%

1%

Jan

dep

receipts

13,400

10 Va

—*

10%

1,900

■

8%

9'A

2,300

7%

Jan

19%

19%

300

17%

Jan

5

87%

83%

7,400

73 %

1

(ord

5%

5%

300

July

July
,

(Md)—1
"A"

4%

3% Mar

reg)__£1
:

;—-

12%

13

Jun
;

21

600

2

1,200

•

1%

25c
-*
10

Sugar common

^5

,

1%

8%

14%
21

/

Jan

600

18

142

Jan

9Va

5,800

6%

Jan
Jun

July?

2V4

July

10

19%

155

6%

Jan

155 ft

18

!

14 %

Jun

89 Vb May ?*

Jan

5'A May
9% Feb

2,700

20

-5

partic.._^*-

;

Atlantic

Gurtis

ft

*

preferred

800

100

Hi

1

Drug Co common
Oil ^Refining common.—

Crystal

300

3

...

2,700

Ltd—

Internat'l

7%

3'A

_*
5c

Petroleum

Petroleum

34%

'

*

A

Cent

94%

95

class

Cork

7%

5%%

—_—*

Reynolds-common

Crown

33%

_*

&

preferred

Crown

Jan

9%

6% May

Jan

'Crowley Milner & Co.i

4% Mar

7'A July

11

American

11% Mar

18%

700

A

Courtaulds

Feb

Jan
Jan,

15

Creole

45% July
11 % July

Apr

10

36

14'A

$1

Apr

10'A
4

.-*

30 Vk Mar

Corroon

6% July

45

350

Co

B non-voting—
Cornucopia Gold Mines
Coro Inc
._i.

22% July
'

26%
36

Varnish

Distillery Ltd—
voting

Class

Feb

37% July

1

common

17

25%
35

(H)

Class

5% May

.

Foundry & Machine Co__l
&

Paint

Corby

Jan

,

Jan

1

% May

*

Lud—_*

g

Continental

1% Mar

13% Jan
4% Feb

—

Co

10'A

Apr

Xl3%

Blauner's common
3
Blumenthal (S) & Co common—.-*
C)

6'A

Jun

6%

4

common

5%

13 %

>

.1

Birdsboro Steel Fdry & Mach Co
Black Starr & Gorham
class A

Jan

4% July
9
May
1% Jan

22 %

1
1

1

Benrus Watch Co Inc
Benson & Hedges
common...

Inc

9%

50c

Bearings Inc
Beau-Brummell Ties

Jun

-19'A May

703

12%

Feb

15%

Jun

1,500

9%

Cook

Ltd

Refractories

13

Apr

9%

22'%

9 Va

27

Continental

3'A July

7

Baldwin Securities
Corp
Banco de los AndesAmerican shares

5%

Jan

22 Va

22 Va

9%

10

Continental

Feb

8% May
11% Apr

common

3%

July

22'A

_—

Oil—

Continental

Gas—

15

Jan

Inc..__——1.25

Royalty

Continental
&

9%

1,100

10

...

Engineering Corp

Colsolidated

-

.1

Service...1

Machinery—■"
1956—:____i„

to

ext

Consolidated

July

Inc..„—:—__si

Public

Shoe

Vtc

16'A July

Cbii._i'j—____ 10

Manufacturing

.

Apr

1,400

Jan

24

1

Mar

163

May

10

Jan

_

*

Jun

'

Cuban

Tobacco

Lighting

Inc

Co

18

-18

100

18

22

Jan

,

9%

Apr

t

Jun

2.50

5

Jan

5

common.—

Manufacturing

Feb

*

common

12

Feb

14

6

Jan

7% July;
16 Va Feb'

(Mo)

July

t

*

■'

Bourjois Inc

1

3%

Foote Gear

Works Inc
20c
Brazilian Traction Light & Pwr ord—*
Breeze Corp common
•

Bridgeport Gas Light Co

Manufacturing Co

8'A

'

*
common

American

Oil

American

3% July
2% Jan

Apr
1% May

x6%
4%
24

9'A

Jan

25

July

rets

Co

ord

bearer

$5 convertible preference—

preference

Rubber

Co

Jan
Jan

Davidson
.

Day

23% Mar

21

27 % May

100

3%

318

300

Jan
Jan

8%

Jan

—♦

109%

108 % 109%

175

89%

Jan

53%

53 %

150

16'A

15%

16%

3,100

7%

7%

600

14%

15%

2,900

15

preferred

July

16%

Jun

24%

22%

24%

5,300

20 %

Jan

8%

8%

300

6%

Jan

4

4

50c

3,700
100

11%
4

Feb

July

9%

14

200

10%

200

8

Jan

13%

—

9

2.50

9%

10%

10

preferred

11

Jan

7 %

14%

3,100

11

Mar

ft

%

18,700

3 %

3%

8'A Jan

15% July
4

July

24% July
9'A

Jun

9%

Jun

11%

Jun

15%

Jun

Mines Ltd—

Gray

&

A___!

35

30

Iron

Detroit

Foundry
Mfg Co

Hardware
Steel

Distillers

300

18

140

140

5'A

500

4%

Apr

700

16'A

Jan

20

133%

Feb

13%

400

12'A

1%

1%

6,300

2 Vb

1%

2%

2,1O0

dep rets ord shares—3s 6d
Biscuit Corp
12'Ac

%
3%

3,300

%

Jan

2% Jan

ft Jan
4% Mar

26 Vb

26%

500

26

24 Va

2o

Ltd..

11,400

'

11%

Calamba

Sugar Estate
Calgary & Edmonton Corp Ltd
California Electric Power
Calvan Consol Oil & Gas
Bread

Canada

Cement Co Ltd

Co

Ltd

13,600

5%

200

Diversey
Dome

dep

rets

(The)

ord

Jan

1

Domestic

Finance

Dominion

1%

1%

.1%

9,700

4s

Bridge

2.50

Dominion Textile Co

Ltd

Brewery

Dragon

Ltd

-1
——:

.—

Cement Co Inc.——:

4'3

1,200

5,200

1ft July

2Vb Mar-

Feb

3

10 Vb

Jan

6 %

100

11%

1,200

6

11%
--9

Feb
Jan

9 Vb

6

Feb

7% Mar"

800

5

July

7% Mar

4.9C1

7%

19%

Jan

70

84%

3,900

43

18%

17%

18%

2,300

15 Vb Mar

40

Harris Co————1.—————10

Jun

Apr

Class

6 % May

Dunlop

4V'8 Mar

July

2%

11%

lT%

11%

4,800

Jan

13%

11%

11%

12%

7,900

10

Feb

12% July

ft

20,300

4

Jun

513 Mar

28%

550

23%

Jan

28% July

118% 118%

150

1

4-ft

4

28%

28

4

3

*

20

Dredge & .Dock Co Ltd
Homestead

Canadian

Marconi

Canadian

Williston

*

"l%

"2%

17,900

3%

318

14,100

67%

2

3ft

67%

10

Canso Natural Gas Ltd vtc

2%

900

1

5%

5%

5%

22,300

6c

(Oils Ltd

Minerals

2%

2'A

2%

5,000

1%

1%

1%

11,700

10c

1*
33.

Feb

92

Mar

29%

Southern Petroleums Ltd vtc—1
Canadian Atlantic Oil Co Ltd
2
Canadian Canners Ltd common—-—*
Canadian

9%

.

2ft

2ft

Feb

1%

Jun

3

Apr

31

4'A

Apr
Jun

8%

8%

4,900

37 V2

40 Va

550

33%

Jan

40 Va July

48 %

48 Va

100

40'A

Jan

48 Va July

11%

12%

20,400

12% July

8% July

9% Mar

Laboratories—

common

10c

dep rets ord reg
(The) Co

9Vb

Jan

2%

10s

1
Durham Hosiery class B common—
Duro Test Corp common
—1
Duval Sulphur & Potash Co
*

Eastern Gas & Fuel Assn common—10

Apr

4%%
Eastern

67% July

1%

Duraloy

Apr
84% July
19% May

Feb

3% July

3 Vb

Jan

3%

Rubber Co Ltd—

American

6ft Mar
29%

4%

B)

8%

26

3%

3%

1,200

8%

SVt

300

6%

7

30-/2

1.500

31%

l.iOd

7% May

9%

5

7

25 Vb

Jan

Apr

Jan
Jan

July

33 Vb

Jun

Feb

Apr

5 3'A

2'A July
1% Jun

(Allen
A

—I—*

.Jan

Feb

118% July

3% July
23% Apr

Apr

Co

Marl

18% July
13 Va May

300

9

79

Power

•

5»A

*■

10

Jan

2}?

Jun

6%

Feb

3 ft May
3
Apr

prior preferred—
Malleable

Iron

Eastern

States Corp
preferred series A
$6
preferred series B—r.—
$7

Eastern Sugar Associates—
Common shares of beneficial
$2

preferred

8%

8%

8,400

—100

61 Va

62%

725

25

24%

24%

20

13 Va

8% July

10 Va

Jan

Jan

66 Va

Feb<

22% July

25%

Feb

13 Va

July
July
July

60 Va

7,400

8

Jan

1*

169

175

200

147

Jan

175

165

600

1

,

6%

Corp common...—-.——*
Drilling & Exploration Co.—1

Draper

7

Jan

Apr

May

5

T.P%

-6%

"5 %

5%
10'A

•

13% July
6% Mar?

31? July

16%

%

11%

<■,

common_ij._*

Douglas Oil Company—
Dow

3!3

.

Gerp: cOmmon—~—l,
Ca ;Ltd_i_^_'_iJ:^=^*.

13 %

12

—1.

Ltd

Dominion Steel & Goal JorlL-stock.^;..'.*
Dominion Tar & Chemical Co Ltd.—_•

3% Mar

*

*
common

see page

2

Apr;

2%

25c

reg—

Corp—,

Exploration

3

1

Canada




2%

5

6%% preference

Por footnotes

2

5'/a

2

*

.

Co

Insurance

Canada

10c
50c

2%

26% July!
27 - Jun:

Ltd—

Co

Air\erican

DuMont
C & C Super Corp (new)
Cable Electric Products common

Apr I

2% July

22'A Jan

—1..

Jun ;
Jun t

14%

-

Duke

C

145

1% May

26 Vb

Driver

American

19%

Jhn

2%

1
10

Jun i

5% Jan

Jan

.1

Mar

30

Jan

140

13%

2%

x27%

30

4%

6 Va Mar ?
2

1A «Ian

160

18'A

30

18

Jun

5% July

1

Devoe & Raynolds class B

Oils

6,300

1%

12%

850

6'A

,»

Products

Devon-Leduc

13'A

1ft

«

_50c

13%

5,300

6

1ft

Manufacturing—1

Detroit

53 % July

18%

14%

15 %

.

Jan
Jan

6%

15%

*

Bunker Hill & Sullivan

x50% May
15% May

class

6 VB

...

Gasket

Detroit

109% July

53%

1
10c

—

7%

13%

1—.2.50

Inc

Co

7'A

7%

Mfg class A common.——5
debenture
——.——100

8%

15% July

3%

Mills

common.—

Detroit

23% May

22,400

—.1

i—

Inc

Stores

Inc

Dennison

4% May

18%
15%

Hosiery

Rubber

Dejay

Jan

14%

._*

common

5%

Dairies

Brothers

Mines

Dayton

Feb

3%

2.50

Bruck Mills Ltd class B

Buckeye Pipe Line..
Budget Finance Plan

6Vb

14%

*

1

common

5% Mar

1

^__10s

1

common

-

5% Mar

junior preferred...10

convertible

518

5,300

•

Distillers
Co

25%

10s

American dep rets ord reg
British Columbia Power common
Brown Company common

Forman

25%
5ig

_10s

dep rets ord reg
Celanese Ltd—

cumulative

25%

*

Crystal

Davenport

6% Mar

Jan
Mar

21%

•*

Daltch

Apr

Tobacco—

Canadian

n

Julyi,

700

1

10%

9%

9%

Fire

»■

.Jan:

10

10

Co—

July

7%* Apr
41

Feb

12

Hosiery

.

9

10

Co

Inc

'

Apr

1,250

9%

——

Manufacturing

Neon

7%

38% July

*

Co

24 V*

Apr

?

Feb!

.

1

L

D

22

300

Jun

July

18%

2 %

9%

.Camden

{,

Jan5

112

Jun

*

Feb

July *

.

Va

Jun

9%

Burry

6

Apr
•

"%

July

6%

Jan

5
4 %

17%

7% May

1

Burma

U Vb

36 %

1

1%

Baker-Raulang Comany

7%

11

Feb

5

Wire

100

4,000

60c

10 Va

5%

1

Jan

36 %

'"

10

Ltd

Co

Consolidated

3,500

4ft

(EL)

! May

•

9%. Jan
Jun

8%
ft

Feb

1%

3|i4

Bruce

9

Jan

:

26%

8%

4

Brown

94'A May ?

July

1

A

2nd

7%

""""

'

July ?

8% Mar

-

Jan

-r

12

11% July

11%

1

4%

87

-

22 V4

—.1

1

Bailey & Selburn Oil

$3

"

—.2.50

Consolidated Liquidating
Consolidated Mining & Smelt

Brown

80

6% July

25

5

123% July

Jan

14'A Mar

Amer

10
2
10

common

America

of

ft3

Clayton

98% July
1% May

100

10%

British

100

1,100

250

Coastal

300

dep

70

;¥,

6%
93

23%

Feb

600

Amer

80

6 Va

1

22 Va

1%

16

British

Jan i

12 Vb

Jan

13

British

July

3%

150

75

1

15%

Brillo

Apr

8%

Jan

4,100

29

Jan

Club

1%
120

10%

Corp

■'■'j:

*

5%

3%

7%

Jan

Jun

12%

>Brad

;

28%

9%

7%

80%

3% Jan

67%

Jan

98%

97

_—1

May

875

colon

'53)—*

' Jan

6

3

& Lambert Manufacturing—4
.Clinchfield Coal Corp common
20

Jan

14% July

16

(H

19,100

8'A

16% Mar !

Jun

4'A Apr

1,400

Clarostat

Feb

13

Bohack

5%

4%

14'A

r

Feb

*

Bickford's

5,700
5,200

1,500

Claussner

23

51

3

:Bell

3'/a

ii

Claude

Jun

Ayshire Collieries

Barcelona Tr

1,200

4%

3

common

Oil

Jan

July

19%

Non-voting non-cum preferred
Automatic Voting Machine

Basic

15'A

4%

Jan ;

'

Coast

Oil

14%

'

Feb

4Vb

.

12Vb

Clark

Jun

12% July
117

*

6%

Jun

75

Clark

on

Automatic Steel Products Inc

Banff

3

1

Cockshutt. Farm
div

Atlas Corp warrants
Atlas Plywood Corp

Class

200

73 Vb

24%

Jan
Jan
Mar

,

%' May

City Auto Stamping.5
City Specialty Stores. Inc common
1
4%% convertible preferred—_——-50

Feb

Tel—

arrear

July 1 '53 & $41 on Dec 22
Atlantic Coast Fisheries
j.—
Atlantic

15%
113

%

11%

18% July

Jari

Vb" Jan

110

75

5%

—

4

_•

109%

Jan

12%

44

Associate Electric Industries—
American

105

14%

Ma*

I

28,200

12

Circle

6% Jun
4'A Jun

Jan

10%
107%

4%
10'A

10%

115

100

%

5

Chief

shares

Jan

Apr

750

111%

Chesebrough Manufacturing common. 10
Chicago Rivet & Machine—
.—4

Jun

Anglo-Lautaro Nitrate Corp—
"A"

Jan

121

%

300

preference

Co

Corp

Charter

Ltd—

rets reg_.

80 %

7% July
121 V July

5

Cherry-Burrell common

V

Anglo-Iranian Oil

Feb

series
»*
series—_—*

Light 4% pfd

Aircraft

8%

9

Jan

2%

3 VB

Investors Inc

Convertible

9

2

7

800

3%

Century Electric Co common—.
Century

Apr

15% July

Jan

,

700

7%

5

Corp

$1.50
$1.40

preferred

2%

5

20c

Feb
7% Apr

7%

7%

-

29%

10% May
4
Jan

14

Central Maine Power Co—

58% May
13'A Mar

4'A

.

Jan

25% Mar

25% May

% May
4% July

Ohio .Steel Products

2,800

pfd—25

Secur

Illinois

Power &

29%

36'A

11% Apr

Jan

May

7%

111

Ltd.

Explorers

preference
preference

Conv

•*.'

Jun

5Va
22%

-1
1
-1

Central

22,000

28 Va

36'A

,11

-10

Co

Central

5%

29'A

3,100

113

America

Mar

5%

*

4%

&

of

6% May
Jun

1

5'A

M)

Corp

7%

1%

12,200

r

.,

High

Ltd—

(A

45%

IS July

5%
12'/a

*
1

pfd—

$5

Corporation

150

10

Gas Co 6%

Castle

1,000

900

5'A
11%

dep rets B ord——2s 6d
(J W) Co common
1
Products
common—...;———*

13%

1

Light

Low

5%

—■*

common.—;

&

High

American

53 Va

41

Co

Range Since Jan. 1

Shares

-•«

11%

2.50

„

Power

fot Week

of Prices

»

5

19.50
1

§ Carr-Consolidated Biscuit Co

12%

20

Republics

■

Carolina

51 Va

25

Amurex Oil Development class A—
Anacon Lead Mines Ltd
Anchor Post Products...

'

Carnation

Apr

13

—

25

American Seal-Kap common
American Thread 5% preferred
American Writing Paper common

I

Apr

Co

&

July
,

4% July

52'/a

100
Co

American Laundry Machine
American Manufacturing Co com
American Maracaibo Co
American Meter Co
American

23

l'/a

.1

common

9%

1,700

"l'/a

American

American

3

33

Carman

Carreras

preferred—

American

Jan

6

29%

29 Vb

29 %

1

Feb

3,800

3% May

1

Capital City Products common—
Capital Transit Co
Carey Baxter & Kennedy Inc

VB

2%

3

5

~4

~4

4

Canso Oil Producers Ltd vtc

Sales

rRange

Sale nice

Low

2 Vb

3 Vb

2%

Week's

Last

American Slock Exchange

Range Since Jan. 1
Low
High

High

3%

1

Allied

cumulative

Low

10c

common

Pictures Corp
Internat'l Investing cap

$3.75

Shares

—

Artists

Allied

Friday
STOCKS

for Week

of Prices

Last

American Stock Exchange

JUL* 23

WEEK ENDED

FOR

RANGE

Sales

Week's

Friday

12%

.*

159

134

Jan

165

int—1

19

19%

900 -r

19

July

27

30

22

22

300

21

Jun

25

.

.

Feb
Feb

■

Number 5345 »The Commercial and Financial Chronicle

Volume 180

AMERICAN STOCK EXCHANGE

-1

"RANGE -FOR WEEK
Friday
STOCKS

I-

•

•

American Slack Exchange

Easy Washing Machine class B
Elecirtc Bond & Share common

Empire Millwork
Emsco

Manufacturing

5

Esquire

17»/4

-10c

Corp common
convertible preferred

$2

6%
3%

Co

Equity

Inc

%

common

—

Camera At- Instrument--

;

6

Jun

8

17 ¥4 July

700

2

33

Jan

4 ¥4

400

4¥a
1

5,950
%

16

—

^11

28%

I

27%

'

r-

29

2,500

-

3V2

53%

Fishman (MH) Co-Inc

t

Fitzsimmons Stores Ltd class A—T~

-

Ford Motor of

Class

Canada—

10%

'Ford

Motor

♦

Fort

Pitt

►

Fox

-

Fuller

91%

:•
*

„.

47/s

3 v2 ¥ 3 ¥4

1,200

Jan

5%

5¥a

5%

3,900

_5

14 ¥a

13 ¥4

14¥a

'2,200

5%

.

Gellman

i

Apr

li% July

General

Builders

Apparel

American

•Generol

6,500

7 v2

900

"

3

.

111

Jan

10%

La

*

1¥4

1%
,v

{
r

1%

V*

6

Feb

# General

5%

?

Public

•General

Gerity

Stores

Mich

2

Jan

Mar

•Gilbert

Gold

"l%

~2¥a

~2¥a

¥4

8 ¥a

8 ¥4

Apr

2%

Apr

Maine

Union

Gobel

97/a

100

300

10%

Jun

13% Mar

100

19'A

Jan

25

6 ¥4

7¥a

19,500

6%

Apr

8%

Jan

10%

1,700

9'% May

12'A

Jan

20%

1,300

24

Jan

1,300

19% May
% Mar

1,190

40 y4

Jan

53

9 ¥t

9%

Inc—

(Adolf)

_1

I

Class

»

$4.50

B

13

.GoJdfield

Mines

Goodman

Manufacturing

Manufacturing

.Gorham

45 ¥2

; Grand

*

common

i

(Great Atlantic & Pacific Tea—
Non-voting common stock
7%
1st
preferred--

*

J

•Great

Lakes Oil

IGreer

Hydraulics Inc
Freehold

tGridoll

Chemical Co

&

Leases

-186 Y*

±

#Griesedireck Western Brewery-

j

.

'

Laboratories' Inc.

Haelgn

L—".—1

——1

Company
Electric Light
Brewing Co——

1 Hartford.
•/Haryard
#
I

Hastings Mfg

Hathaway Bakeries .Inc

Lithographing

:.*** Havana
4Hazeltine

<Hearn

6%

Co^——j—10c
*

Corp—

45.

IHecla Mining Co-_*U^,
A——.

Class

.

..:

Heller

Co

5V2 7c
4%

*

_.

8

:

Holly

Consol Gold Mines-

'Horder's
•

Hormel

Co

common

24 y2

Jan

A) &

&

Hardart

Horn

&

Hardart

5%

•

Hubbell

5
—1
*

23 y2

Baking Co

140 %

preferred

Inc

Lock

3

Jun

6

&

Manufacturing Co__

13%

Michigan
6%

Securities

Hydro-Electric

;

Jan

.

,

14 y4 Apr

-

Co

Imperial Chcmica;

.,...

Amer

Mldvale

l%iluly

.

•,.

4

"3%iFeb r
4% 1 Jun--,

_£1

"

2%

.

Imperial Oil

(Canada)

-5
of Canada.
of Gt Brit & Ireland 1—£1

200

9

4,400

U~

300

.

Imperial Tob

V

Jan

14% Jan
22% July

Jun

Jan

,

79 % May

10% Jun

3% Jun

2 % Mar

8% May

67/8

Jan

8

Apr

8% July

Jan

12% Jun

12 y8

16% July

Jan

200

2%

600

11%

-

Jan

2,600

18

15

Insurance

of

Co

Nortn

America

<International

Cigar
Metal

Industries

Petroleum

International

5%

12%

140 %

Jan

Resistance

22% July
106
May

Jan

3.90%

Jun

Ironite

Irving
s

...

9¥a

300

.

9 7 ¥2

40

74

99%

.

22 ¥2




13 ¥a

14%

600

11

Apr

14¥a July

26 ¥b

28 y8

11,100

19

Feb

28%

28

28 ¥2

600

22 %

Jan

29¥» July

Jun

13 ¥» Mar

Jan

19 ¥a July

Jun

11%

400

Light 5% pfd—-100

Co

common—

Muter Company

common

Nachman

Inc

1

Milling Co
Hess

Bellas

rH CO £

Apr

Co

Research

National

Rubber

Starch

National

Jan

36% May

National

Transit

11 ¥.

Jun

National

Union

Electric Corp

8

Jan

Neptune

Meter

100

Mar

Nestle

common
Co common

.

99 ¥2

Jun

New

Le

Mur

19% Mar

New

England

Feb

New

Haven

34

Jan

27% Apr

Jan

12

4%%

Mar

New

Idria

Mill

3¥s

Jan

4%

Feb

New

Jersey

Jun

3%

Feb

New

Mexico

New

Process

New

York

York &

12%

Apr

478

5%

300

4%

Jun

6%

Feb

New

3%

4%

3,300

3%

Jan

4¥a July

New

Jan

;

•

.

York

Ltd

&

Chem

Co

Zinc
&

Arizona

Co

Co

common

Honduras Rosario

Merchandise

25c
2
*—-4
1
—10
1
*
1
30c
1
40c
1

20
50c
—25

Land—„1—1

common...

Auction

1

100

Watch Co.

preferred

Mining Co

90% Mar

4%

9%

Park

Oil

1
~*

10

Tel & Tel

Clock &

convertible

2¥a

'47/8

common..

Dominion

British

1,200

•

Ltd

5% July

1,300

-

Corp—

Machinery—

Products

Car

Steel

Inc

Industries

Radiator

3%

1,100

pommon

Gas.

Fuel

Presto

Jan

5%

5%

12%

127/a

57%

7/a

18

600

8%

8%

183A

203/4

13

11%

11%

11 ¥4

*2,700

24 3A

~3%

•

3

•

u

July

7 ¥4

Apr

2

-3,000

103%

103

T-

•.>

353A

•

*

40
10

180

174% 176 -V

175

7%

■

25

7%

a

38¥4

102;

18

5,850
1,000

7/a

1%

17,000

26 ¥a

27%

36¥» July

47%

95%

28/a

Jan

172% Jan
34 ¥4 Jan
5%

Jan

Apr

101 ¥2 May

Jan

104
Apr
98% Jan

,

107% Mar
103%

Apr

3% May.

Apr
38% Jun

180

X7%

3%

Jfculy

20% July

105 % Jan

118¥2 July

,7. Mar

•

800

Jun

25

900

7

Jan '

28% Mar

l7/a

Jan

28 ¥2

Jan

8¥s May

33 Vt May

5

1,100

5%

5

4% Jun

6¥b

Jan

14 % Jan

47/a

—

200

1
*
*
10
10

12%

14 ¥b

14 3 8

12,400

16 ¥2

Apr

4

Jan

6¥b

Jun

5%

Jan

14¥e July

2¥2

Jun

2%

2 ¥4

2 ¥2

5,000

l7/a

Jan

19 ¥4

18¥a

19 ¥4

18,900

15 ¥a

Jan

~1 ft

1ft

~1%

10¥B

10 ¥4

10%

700

8¥a

Jun

11

14 ¥b

14¥B

15

900

xll%

Jun

15¥a July

16¥b

Feb

207/a

10¥4 Mar
3,300

'

17%

600

18 ¥2

17

18 ¥2

6,000

31

30 ¥2

31 ¥2

500

17

17 ¥4

1¥b

Apr

15% Jan

20

Jun

137/b

Jan

2¥a

Jun

Feb
Apr

18 ¥a Mar

300

2¥a

"'2 ¥4

3¥a
2 ¥2

24,500

31¥2 July

25%

~3¥a

Jan

Apr

27

3

Jan

3¥4

May
Feb

l¥a Mar

2 ¥2

May

187/8

"l"7/a

~2Va

127

131 ¥4

36 ¥2

2,200

2%

25,500

131 ¥4

3,070

24¥s

Jan

37/a

35

—

Apr

35¥a July
4 ¥2

Feb

IS Jan

211 May

^lSya Jan

131 ¥4 July

1

3 ¥2

Feb

3

27a

3¥b

400

2%

Apr

9¥b

9

9 ¥2

950

7

Jan

10

July

2 ¥2

2 ¥2

2%

31,100

1

Jan

3

May

40 3 a

41%

4,200

36%

Feb

44¥a

17¥B

18 ¥2

5.200

ll¥s

Jan

197/a July

1 ¥2

1%

14,600

49 ¥2

49%

100

10 ¥2

10%

100

34 ¥2

35 %

1/800

40 ¥4

18

1¥b

35 ¥b

|

9

9

100

¥4 May
45
9 ¥4

26

7¥a

Jan

2

52

Jun
Jun

Jan

Jan

10%

Apr

35¥b July

Feb

9

-

Apr ~

4% July

Apr

14

'

1

Mar

37¥b Jun

3% May

118%

117

118%

July

•106

Jun

3% Jan '

20%

Feb

16 ¥4

-

30% Feb
-

100

20 ¥4

38 ¥4
,

Feb

31%

Jan

10¥a

500

101

.3

3%

*

3%

101

5% Mar

4% Jun
-T

50

106% 106'/<

3% July

Jan

30)
16

Feb

25% Apr
20 ¥4

'

15%

,

27 ¥4 July

1,200

4%

4¥a

•*%-

-Jun-

Jun

Apr

14

.

13% Jan
5% Jan

"

45 ¥4

8 ¥2 May

20%

13¥a

Jan

23 ¥4 Alar

7,400

3 % *'

Jan

100

.

,

-27

i

2,400

1,800

5¥4

5 ¥4

26%

1

11% July #
11
Feb
24

Jan

13% Feb

,

Apr

13%

100

19

18

.48%-v!

400

24%

;

7% Mar

3,900

*

Apr

6

103/4 Mar.

300

20%

Jan

3¥a

5% July

1,200
...

Dehydrating &

Alfalfa

National

---,1

——

July

84

5%
127/a

Jan

7

2% Jan;..

10

Corp

Namm-Loeser's

National

Jan

10%

Apr

5%

Muskogee

Jan

Jan

6

!
10
—-50c

—

Apr

19 %

15

100

6%

7¥a

common.....*

Service

National

Jan

^50
^-*

8¥a

6,100

19

7%

2%

11%

^50c

common—

13% May

Mar

*
*

Jun

55% May

—5
1

Jan

19%

•

6 ¥2

1
2.50
—*
-10

r

Mar

19-

—

6ft
1734

——v——50c

Mfg & Stores common
Petroleum Ltd

31

~

7 ft

..18¥a

,

—15

Corp—__i

4

Jan

4%

lVa

National

83

¥4

1

5% July

Jan

2

.27%

% Mar

91 ¥4

9,500

^

9 ¥1 May

14

§Munt£ TV Inc
——1
Ohio Mfg Co
,-,5
Muskegbn Piston Ring «ommon...2.50

L%

-

4% May
35% July
_

.27

25c

common-

Jun

9% July

1,750

11 ¥4

Jun

_1

Mursay

2 38

11%

Feb

•Vr-

3%

•

Jan

7 3A

26% July

3 3A Mar

100
B-100
-100
Monroe Loan Society com c&ss A
*
Montgomery Ward & Co class A
*
Moody Investors participation pfd,— *
Morn? Plan Corp of America——10c
Mt Clemens Metal Products
—1
6% cumulative preferred——
4
Mt Vernon-Woodberry Mllls
2.50
Mountain. States Tel & Tel
100
4.50%.

2%

1

21%

700

curaul preferred series
preferred series C

4.80%

New

t c_

6,600

8 ¥4

90

National

28 ¥a

-100

v

35%

8¥a

99-

National

5

lO.uUU

—

Inc—

Air Chute

34%

8%

98 %

Apr

12 ¥4

'

•

35¥4

*
f

98%

30% Apr

Co—

preferred

July

125

1,600

1

Fireman Manufacturing

(Iron
f

Service

34%

11%

30

297/a

8,200

74%

4%

•

5

Feb

29

36% v-

Jan

11

1,200

»

22 ¥2

Apr

22

29

43 ¥8

-10c

Co

Royalty

Public

ilowa

5 ¥4

be

34

41%

Jan

2%

950

16%

20%

¥4

21 Vb

Jan

427/a

24%

1,300

—

A—

capital stock-*

Products

International

(Investors

by

Feb

1

57

11,600

*

Machinery

International
International

j

5

Jan

July

Apr

100 V2

700

Feb '

3

46% Jun

Jan

130

9 ¥4

97

16 % July

Jan

13% July

Jan

613 Mar

pfd_ -100

Indianapolis Pwr & Light 4%

12% May

15%

—?

Molybdenum Corp
Monongahela Power Co—
4.40%
cumulative preferred

Jun

Jan

,-

Co

Public

Missouri

Jan

102

Jan

10 Va

3,400

96 %

9%

Imperial Tobacco
•

Ltd

commoiy__r._i_r

Minnesota Pwr &

45% July
4% Feb

19'A Jan

200

33%

33 ¥4

capital stock..*

10 % Mar

11

'

Jan

2%

Jan

93-%

700

5

2,100

£1

4%%'convertible ^refeirtHfQ
Mining Corp of Canada—

V.

11%

5

11%

33

-

Jan

10

1% May
26% Jan
-

'

Co

Wohl

Miller

57% July
..1% Jan

...e.t—

dep rets reg new.

24 ¥a

*

30% May

13% Mar

3%

15 ¥4

22% July

217/a

1

Midwest
Piping CO
Mid-West-,Refineries

3% Jun

Jan

52% Jan

•;

40

68

16

200

11

11%

23 ¥1

51%

Co_^

Mld^West,.Abrasive

3% Mar

.

-2% Mar

22'/2

1,600
510

5%

J—•

Apr

23%

Corp

National

1

common

Apr

.Jan

3

4,500

300

lnc_

Hone

National

Zinc

Illinois

•

Jan

75 %

69%

2,000

Cq, common

Sugar

National

;

14 %

Jan

65%

2,900

$2* non-icum dividend snares—

.

40 % May

200

r

30%

12%

May

69%

v—1
Middle States Petroleum, common
1
Midland Oil Corp
cony preferred—*
Midland Steel Products—
w '
V

\

23%

103

63%

*

5

Hygrade Food Products

22%

30

3%

13

20

preferred

Micreoiatic

Jan

15

;

r

>May

-

l'/a Feb
:

20

30%

5

300

13

16%

Michigan Steel Tube—^

7% Mar

Feb

;

9y»i Jun

18'A May

138

103

Mar

10%

13

10

Corp

Michigan4. Bumper

19% Mar

16

,,:6% Jan

>

68

5

common

2

44%

26V2

Ltd—

Co

Brothers

Michaels

2% Feb

13'A Mar

100

-

(Harvey)

2,600

19 %

Participating preferred —:

Jun

1% May

Textile

Metal

187% July

44%

—*

700

2%

1

% July

3,100

•

13%

20%

10 ¥s

2%

1

3% May

.

Jan

500

138

*

11% Jan

10%

»

Jan

Feb

200

'

Jan

59%

.-5

Jan

132

15

Co

common

) Humble Oil & Refining capital stock—*
iHurd

.

8%

3

Feb,

59% July

15%

Inc common—

(J W)

Mays

7% Jun
17%

375

8y8

13

13%

45% May

2 5 ¥4

26% Mar

8%

/„ 12%
' 16%

16

6% Jun

Apr

2%

25

V

15%

Apr

164%

*

Inc

(Geo

jHorn

i

x

Inc

Stores

.

-3%

8%

Jan

6

41 ¥4

59%

Jun

1,600
J'> 1,600

14%

8

Jan

Feb

5¥b Mar

July

<4
100
.j 1,500

10 Vt

12

3¥a
42 ¥b

July
4% May

100

6%

Jun

July

4 ¥»

47%

70

10

6%

4 ¥»

33

200

4¥a

5¥b Mar

Jan

2 ¥4

4s/s

Feb

37/a

150

33

33-

Jan

37/a

2%

,1,600

,101V4

2.50

Feb

7%

7
.

57/8

-t:

22 '/a

3 %

700

56,800

Jan

1,400

.

z—1

.Higbie Mfg Co common

6 V2

10

3%

4 3A

Jun

100

20
.

4%

Jan

2,500

i»ji

:

99

-—10c

;
5% convertible preferred
:v#Hoe (R) & Co class A——-

iHollinger

.14 r
20%

.

22%

100
_1

—

•.Henry Holt & Co common—
I Hercules Steel Products

tHolophane

„

101

4%

2

850

7%

19%

1,000
25,900

2 ¥»

3%: ,^1,400

3»/4

' 7%

20

_2

,

———100

preferred-,

preferred

J—25c

1

—-

common

'

18%

~5%

15¥a

5,600

.

3%■

17 3A

"5%

7,000

900

.

4§

42%

.

,

7%

,

common——*:.—-—*
1
*

Rubinstein

Helena

.

5 %"•*

,3 %

common.—__5

Dept Stores

57

18%

~5%

49,100

% July

2%

56j/2

.

18% July

4%
7ft

27/$ July

27

—

"

15¥a Mar

4

'V

-.m
11/*
.*>.^3%*

—

11% July

„1

9,500

: 21/8 .: - - 2 %

^=^.„__25

it—_'i'
2
i
——1

Co—1

Jan

Jan

¥4

26%

Mar

1%

Jan

4,900

6%

2%

4¥a
8

——10

Shovel

Power

1,200
4,900

Jun

%

%

26 VB

Feb

5%
11%

2,200

4.2,200:

--1

Feb

5¥b

5%
10%

5%
11%

92,600

10%- -u*,-*.

26%

"J%

2%

13%-'13%'-

-

Apr

6¥a

197/B

400

17%

.2%
.4 2%

Jun

4%

Jun

0

!

V^Hamtnond .Organ

19 %

Jan

5%

r-—5

common

(The'B)

Massey-Harris-Ferguson

■>.;

-.tHalFLairtp-X:o—

Feb

4%

127/8

40

.

113A

200

9,800

187/B

•Gypsum Lime & Alabastine-—

*

6,900

4%

■6%

12 ¥a

.5,900

.5

Grocery Stores Products common

17%

4%

2

Jan

-

16%
-6%

197/a,

80

6

16%

Jan

12 ¥2

450

.

7%

lc

138%

6.nt

Apr

._1

Apr

16%

10%

1"% Jan

6¥a

1%

6%

XO

10,500

1%

~

Jan

1^5 July

100

1%

Feb

6

1%

.^2

+

3%

.

Mar

14

*16 y2

50c
_9c

2% May

86

1,000

~i%

1

11% July

93A Mar

400

49

3%

137

600

3,700
-•

Jan

183 y2 187%

100

2%

6%

*
2

—

Co—

Service

Public

Marlon

•

1
.

16¥4 July

Jan

3,500

3

3j/4

10c

^

Jan

12

1,100

32

7%

%

%

/

Industries Inc—

Amer

Jun

17 % July

78

14 y2

7%
14

11%

2%

*

1% Mar

21% May
14%

24%

800

25 ¥4

25 ¥a

Feb
Jan

;

W

Communication

Apr

36%
25 ¥4

Jan

15 3A

100

280

;

1%

1

1

__1

Rights

82

%

11 %

pfd—25

conv

Rapids Varnish:

iGreat

45 y2

1%

Manufacturing po—__^.5

Gray

40
81

50
4

Co

.Graham-Paige Motors 5%

53

1

^

ia

48 ¥2

*

:

Consolidated

¥» /

52

_^_—*

-

preferred

prior

20

Co

Mapes Consolidated Mfg Co——
Marconi International Marine

Jan

8%

20

5

AGodchaux Sdgars class A———*

•

.

Inc

Co

97/a Mar

i

Jan

%

4,500

23

11%

*

Corp

Manischewi.tz

'

(Globe

Jan

34%

July

9% Ju»

200

:
1

Apr

3 Y*. Mar

2% July
27

10%

(Thp)

Mangel Stores

Jan

10

12 ¥4

7 ¥4

1

Jan

8

i7ff

16 3A

1
10
T,

Mackintosh-Hemphill Co

Jan

22%

8 ¥4

:

...9%

42 %

34% Jan

300

l5%

r—--1

—

,

Jan

2»/4

common—

5

Jun

7%

2,700

'%

16%

Chain^

Steel

Lynqh

118% Mar
105%

12

12 ¥4

*

iGlenmore Distilleries class B

1%

Jun

Apr

,

150

2%
28

% July

15

5
25c

Groceterias" class A

105% May

22 ¥4

8 ¥4

*

Realty

Lunkenheimer

11% Mar

Apr

3,900

8

—10

Coal

Jan

1 % May

2,500

''

iGlen. Alden

Apr

114 %

25

4,700

15% July

41%

23

5
—10

preferred—.

conv

Class B
Locke

2ya Mar

1% Mar

8,400

116

~2¥a

*

1

common

Co

(Gladding McBean & Co

107%

102%

1

Mines

"l¥a

"1%

.

116

*
1

Corp

Jan

700

»

47

9%

Lodge & Shipley (The) Co—
——1
Longlnes-Wittnauer .Watph Co—__1
Louisiana Xand & Exploration—„—1

Mar

29

10

_*

J

Jan

105

^1

Corporation

(AC)

"Gilchrist

~*1 %

"l%

"l3/4

.26

1-1,200

cum

Loblaw

7% July
9% Jun

Jan

105

28 ¥4

Jn
Jan

2%

.

5
.—r—50c

Tourneaju (R G) Inc
Liberty Fabrics of N Y
"5% cumulative preferred

Apr

18

.

5 A Mar

„

8%

preferred
20
$6 preferred—*

Yellowknife

"Giant

_

200

r

(

Service

preferred

$5

1,800

j

9%

27

28

50c

.

7¥a

.

9%

•

30 %

107/a

40%
27

28

Apr

25

1,900

15%

~2%

9¥a

Jun

8%

14%

15

•

73A

Apr

47%

University——

Le

l7/a Jun

Jan

16

~

5%

Georgia Power $6 preferred-;
#

7 ¥4

7ft

£1

Plywood Corp common

convertible

General

8%
44

44

1
—

common—

Lefcourt

7% July

Jan

1%

900

t

pfd A^_—10
General Fireproofihg common.:
.5
'General Outdoor Adv 6% pfd
f
100

.

Apr

5
!—.'

of

Extension

Salle
5%

13% July

Jan

4'/4 July

700

1%

1¥4

:'13/4

25

dep rets ord reg

Corp

14

-1
-1

Inc

Delaware
& Sessions Co

Lear'Inc

Apr

'

T_—♦

preferred

Finance

Jan

~27/b

Lakey Foundry & Machine

..J General Electric Co Ltd—
•

11

33%c
20c
1

Mines Ltd

Lake Shore

27% July

Jan

:'11,500

13 y2

6¥a

%

com—1

Supply Corp

convertible

5%

4 ¥2

13 ¥4

7 ¥2

*

Alloys Co__

General
1

"4 ¥2

13 ¥2

"4%

1
1

Mfg Co common
Corp
c_:—'

300

*

common——

Company

Laclede-Chrlsty
L'Aiglon

Jan

6% Feb
157/a Jun

Jan

3,300

100

Acceptance

Warrants

Co

Forge,Co
Kroy .Oils
Ltdr_,._
Krueger Brewing Co__

Lamson

27%

25 ¥a

2IV4
106%

26 3/4

common

preferred—

General

t

Co

Power

13%

Kropp (The)

G
Gatineau

1

12 3A

Rubber Co————10
Knott Hotels Corp_^__^—Jn
5
Koba'cker Stores
7.50

Lamsorr Corp

V

Apr

(I B)

4%

10% Jan

i

1

37 %

105

May

97/a July

A Jan

1.25

'

Co_

A)

1,000
38,400

;

3'/2 July
4% Jan

3%

1

Brewing

Feb

Jun

106

Jan

26 ¥4

103

U, Co Ltd————1

Emil)

(D

2¥a

1% July

100

Apr

102

Jan

1ft

1ft

Jan
Jan

2 ¥4 Mar

22,100

—_1

——„

Lake G

Kleinert

May

Jan

65% Jan «

9%

9%
"

..!:%

Brewing Co

(Geo

Klein

21

71

1%
15 %

Jan

AprJan

2%

____-10

preferred

Feb

11%

Jun

5%

1%

33%

1

Products

Kirkland

Apr '

-

50c

Jun

"

4,800

>

14¥4

1%

5

Co

&

Kirby Petroleum

Jan

6y*

Jan i-

Inc

Kingston

72%

37/8
9%

—2,200

93%

91

deposit receipts ord reg_£l

(Peter)

u%

us

33%

Kings County Lighting common——*
4% cumulative preferred—
50

,

; Ford Motor of France—
l
American deposit receipts bearer--

,

6y8

6>/4

Kennedy's

Key go common
Kidde
(Walter)

5 »A Mar

17%

>7,300

1%

150

15

pfd—100

1

Co

Feb

Ltd—

Co

American

«

:

10 y2

207/s

•

11,500
— 300

7,800

4,300

1%

1%
15

—

"

-

A non-voting

Class B voting

■\

*

800

5 7/b

Kaw'neer

29% July
2ya Jan

Jun!

3% July :-,
43 y2 Jan i-

6,700

54%-

20

20 v2

1

j Flying Tiger, Line Inc——__ 1
)

3%

.

•

:- '5 %t

5%

"l%

1%

3%

3%

3%
1%

*

Corp

Kansas Gas & Electric 4%%

Jun

24 ¥2

Jan

1A

:

5
*

Motors

Kaiser

Feb

1

May

20 y»

■

J9.300

-

'

il

I

——

>

_10
2.50

j.

lA

v3y8

53%

——*

\ Fire Association (Phila)
f Firth
Sterling Inc_l

*

iy8

1V4

25c

;

Petroleums Ltd

* Federated

July

5¥a

1ft Feb

'

Ltd

t Fargo Oils

common.,

Inc
Co

Ltd-.

Oils

Jupiter

1
10c
*
15c

1

Co

3% July
41

Jun

A Jan
-ft Jan

3,800

Apr

;■

Glass

O'Mahoney

Julian & Kokenge

4% Feb

3% July

200

23 ¥2 Mar

Jan

2,000

—10

f

| Fairchild
,,r-

Mar

86,000

7/a

High

Low

High
•

Jun

105

800

41

iV

Pipe Line

Jerry

15

Jun

,

3 ¥4

3

Warrants..;

Eureka

Jan;

101

200

...

18%

17 ¥4

4 ¥4

25c

$1 or

Jeannette

13¥4

Low

Range Since Jan. 1

Shares

13% Mar

23% July

6¥a

38

1

Eureka Corporation Ltd

Jun
Jan

10

14 ¥4

6¥a

1

-

10 ¥4

19¥a

102 ¥2 102 V2

1

Corp

Par

24,600

23
:

Migh,

Low

•;

1,700

11%

14%

_100
pfd—

5%

Electric

Empire District

'

,

for Week

Range
of Prices

Sale Price

American Stock Exchange

Sales

Week's

Last

,STOCKS
Range Since Jan. 1

High

22 ¥s

23

1

Electrographic Corp common

Shares

11

I_l5

23

for Week

Low

♦

JULY

Friday

Range
of Prices

Last

.

Sale Price

<-

ENDED

Sales

Week's

Par

„

31

(375)

Jun

Apr

32

The Commercial and Financial Chronicle

(376)

.

.

Monday, July 26, 1954

.

AMERICAN STOCK EXCHANCE
FOR

RANGE

Friday
STOCKS

Last

American Slock Exchange

Range

Sale Price
Par

Niagara Share Corp common......

of Prices
Low

Niles-Bement Pond

Mines

STOCKS

Low

1,100

17

Jan

25

21%

8,200

16 %

Jan

900

1%

Jan

Sentinel

22% May
2 4i Jun

2%

2 %

2%

1

4%

4%

4%

10.400

3%

%

%

%

37,200

%

Jan

1

1%

1%

1%

800

1 %

Jan

North

American

200

37%

Apr

North

Canadian Oils Ltd_

North

Central

Texas

Penn

Northern

RR

Ind

Servomechanisms

Shawinigan

Jun

Sherwin-Wiiliams

Jan

3i\

Feb

27%

Jun

4%

Jan

Shoe

Jun

91%

Apr

Sicks

4%

Jun

&

of

87

87

100% 101 %

101 %

pfd__ 100

20
150

87

Okalta

4%s

Oils

Okonite

95 %

101% Mar

Jan

Oil &

Signal

Old Town Corp common.
40c

cumulative

Co

Oliver

United
Inc

Filters class B

,

Ltd

1

{g Mar

98

Jan

8%

600

lft July

200

19%
5

4

72% July
8% Feb

50'

9'A

Jan

6% July

Jan

15% Mar

20

3% May

9,800

1

—

Securities—

May
July

1

5

Smith

Gas &

5%'/<.
5%

Co

Jan

South

Jan

49 %

July

South

48

450

37%

17%

17%

100

13% Jan

17% July

1st

5

21%

'21%

22

1,500

Electric 6%

1st

pfd___25

36%

x35%

36%

2,300

preferred—

preferred
redeemable 1st preferred.

5%

Jan

25

30%

31

original

31

200

33%

Jan

94% July
106 % Mar

31

July

24%

25

5

t

—

Jun

29

July

Southland

29

July

Spencer

28'A

28%

400

26%

Jan

28% Mar

104% 105%

300

98%

Jan

Jan

33% May
6% Jun

15 % Mar

22% July

33%

34

7,400

29

35%

4

100

__

4

97%

Jan

105

!_*

Pacific

Power &

Pacific

Public

$1.30

1st

2 %'

1

Light 5%

7%

7%

7%

pfd

100

common

Israel

Oil

Pantepec Oil
Paramount

51

3,200

4%

100

7%

8

2o%

—

Corp
Chemical Company,,
Parker Pen Co class A,'

130

46

2ud

41

300

38%

1,200

2 0"/8

7UO

2o%
-

Jan

73

1%

44,200

2%

2'/a

3

27,600

2

Jun

3

July

Standard

5

4%

5%

14,000

4%

Jan

6%

Apr

Standard-Thomson

GO

....

Co,_

shares.

Pittsburgh & Lake Erie:
Pittsburgh Metallurgical

Pneumatic
Polaris

Scale

6%

1st

of

3,850

4%

100

69%

71%

1,900

'/ft

5%

1,100

3%

3%

3%

200

21%

21%

500

10s

5% -Jan
14%

35% May
3 %

43

4%

Jan

5%

Jun

"2%

14,700

3%

4,100

~T% Jail
2

65%

common__2.50

18%

18Va

19%

2,100

18% July
6'A Mar

6%

6%

300

l

2%

2%

300

10

24%

24%

200

2%

3%

6,300

2%

2.50

6%

6%

2,300

_L__*

common

50%

49%

2.50

50%

Preston East Dome Mines Ltd,

l
l

1%

*

Public Service of Colorado—
4 % %
cumulative preferred

Jan

11% July

Apr

-16%-July

3 IB

20,500

100

Puget Sound Pulp & Timber com
Pyle-National Co common.,....,

io

.

600

700

9%

2,300

102

,5

Pyrene Manufacturing

102

*

1 %

12%

9

9%

38%

102

38

50% July

"

•

1 % May
10 Va

8

Jan
.

Jan

98% May

500

31%

4

July

1%
>

14%

Jan

Feb

Feb

X103

16%
38

300

14

Jan

38% July
16% July

24

Apr

40%

Jan

Swan Finch Oil

Talon

Jun

Inc

Class

Cement

ft

class

B

27

27%

50

21%

Jan

Inc

Texas

Power

Thew

Shovel

Thlokol
Thor

Reading Tube Corp
Reda

i

Pump Co

Regal
Reis

Shoe

Reliance

:

Electric

&

Rico

22%

9,000

23%

7

Engineering

100

&

Roofing

Tishmafi

Todd

Shipyard

Toklan

Radiator

9%

~9%

7,100

36%

2%

2%

2,000
2,400

Empire

Oils

27% July

True

Temper

~2%

2%

2%

500

50c

American- dep

rets ord

2%

2%

2%

2,200

97%

96%

97%

260

£1

reg

Rome Cable Corp common
Roosevelt Field Inc

Rotary
Rowe

Electric

(The)

Royalite

Steel

Corp

Oil

Co

Russeks Fifth

Ave

Feb

28% July

_

8%

Jun

9 % Mar

$3.75

Elastic

United

Molasses

1%

Jan

1%

Feb

3% Jun

9 % Mar

17%

1,200

18% Mar

Jan

common

37

35%

37%

1,903

32%

1

11%

11%

11%

1,800

*

:

11%

11%

11%

3,000

10% May
10% Jun

24%

24%

:_1.25

Co

5

1

Ryan Consolidated Petroleum,
Ryerson & Haynes common

1

of

Milk

10

Co

common,—

Co

United

1,400

3

-5

2%

1

5

25%
x3

5%

900

5

Feb

Jan

Jan

22% July

9%

Jan

20%

Jan

33

3,200

3,700

26

5%

3%

5%

400

12%

12%

2,000

x9%

Jan

14%

28

100

20%

Feb

28

4

3%

5%

Jan

Feb

Jun

July

2,600

2% Mar

18%

1,525

9%

Feb

18'A July

11%

400

10%

Jan

14%

10%

600

10% July
52% Feb

13%

Feb

62

Jun

11% May

14%

Jan

11%
10'A

60%

61%

700

13

12

13%

94,100

17%

4%

Apr

July
21% July

17% Mar

28

108

13%
—

22

2,900

13%

2,600

50

13

%;■'

13%

30%

—

9

108

21

12%

;

31

7%

200

9

7..

22%

22%

•

.

34%

37'A

.

J} \

1,900
1

«.

3,200
400

.

1,000

4%

106

Jun

.

53%

3%

%

•

51

3%

%

Mar

'

24

Jan

j,

15% May
16% May

j

10% May
21

Jan

7

Jan

32% May
9% Mar

i

Jan

22%

Jun

•

34% July

44%

Feb

1

18%

600

44%

101

101 %

2

2'A

2,GOO

1%

1%

12,500

1

3%
7

3%

6%

3%

900

7

36,400

25

26%

18%

_

75

19

2%
99

10

20%

Jan

N

United

Mar

10%

May
Jun

22% May
39% Jun

94

RR

J

Profit

United
U
U

S

series
of

26 %

July

70

16%

Jan

19 ya

Feb

2%

Feb

•

S

Co

43 V*

43

43%

1,800

33%

Jan

8%

Feb

$4

convertible

S

and

$5

1st

1,000

2%

Jan

3 % Mar

U

S

Radiator

4%

Jun

5%

U

S

Rubber

common

57%

60

12

12%

300

Sapphire Petroleums Ltd,.;,,
Savoy Oil Inc (Del)
Sayre & Fisher Brick Co

_i

2

2%

2u

19,900

1ft

Jan

2%

5%

5%

600

4j/4

Jan

b,/8

32%

98%

250

~6

1%

17,300

32%

33%

600

30%

Apr

75

6%

Apr

8%

4%

Jan

5

Jan

236

7

7
1

^100

231

94

Jan

5

Jan
Jan

98% Mar
Feb

89

6% July
36

Feb
Jan

common

J*
7,900

46

660

36%

Jan

40% May
14% Jan

44%

25

.

38

38

38%

10

10

10%

1,400

10c

3

3

3 %

20,000

1

19 V8

18%

19%

1,500

*

12 Ye

72

72%

375

1

60

*

Reclaiming Co.:

100%

5%

1

.

8-%

•

1

1

8%

60

8%

2,800

3,800

.

__

2%

Jan

4%

July

Feb

16% May

19% July

62

72% July
62% July

39%

6%

Jan

Jan
Jan

9% May

102

500

5%

6

2,000

4%

Apr

7%

Feb

1%

1%

2,700

1% Mar

2%

Jan

3

2%

3%

3,200

Jan

57%
.

9% July

1 %

_50c

common.

58%

100 -

Jan

5% Mar-

Jan

46

1

.

Apr

%

Jun

36%

45%

__

221

3% July

—25

preferred..

Insurance

10

A Apr

■

10

_

Corp

231-

25

common

common

Feb

Jun

Jan

57%

100

28%

29%

200

2%

2%

2,400

6%

900

88

Jan

102

3 % Ji'ly

56

Jun

67%

23'A

10

July

Jan

33

Apr
May

Jun

25c

8%

98

75%

6%-

_10s

registered

preferred with warrants..

Stores

5 Ye

44% July

Ltd—

International Securities

1,500

98%

•

U S Foil class B

U

3%

Jan

common. _50c

Conditioning Corp
Finishing Co

Jan

8,309

*

Canal

Specialties

Feb

4%

20

ord

&

5%

Jan

4

JL00

_

Sharing

13%

2%

4%

A

Omaha..

Air

25% July

12

July

7

Jan

Jan

4

United Shoe Machinery common
Preferred

Jan

GO

3% May

2% Mar
4

18%

_»

preferred

14%

1

July
2% May
2% Jan

Jan

California—

rets

1,400

8

102

Jan

1%

1% July

5

_

Co.

Corp

Feb

Milling Co Ltd..

4% Mar

1,000

10c

Porducts

13

Jan

Jan

Jan

Apr

1%

Mar

57 %

Jan

3%

2
1

6

ig July

900

1,300

101

San

Carlos

Steel Co

Scurry Oils Ltd

.J

Western

2%

1,700

2%

18%

1,400

15%

17

18%

1.800

17

1

1

50c

\i

Selby Shoe Co

~7%

1
;

2%

•

12.50
n«D">

.<*-




U July
13 July

July
12% July

2%
23

lis

6,600

7

7%

5,700

5%

Jun

7%

2%

2%

600

1%

Apr

2%

13

14%

400

12%

Jan

13

14 y8

800

9% Mar

1%

Universal

Products

Utah-Idaho

Mar

Co

10

~2%

5

22% Mar
2%

Jan

29% July
3

Feb

V
Valspar Corp
$4

Vanadium-Alloys

Apr

Venezuelan

Jan

Venezuela

Jan

preferred.,

6%

*

Steel

Petroleum

Syndicate

1

Inc

Corporation
'
Virginia Iron Coal & Coke Co

Manufacturing

25'

24%

25

800

24%

23%

24%

20c

3%

3%

5%

1.000

1

6%

5%

6 %

12,000

1

10

♦

6,400

5

May

7

74

5

Co.J

Vinco

Vogt

6 %

1

common

convertibel

Jan

14% May
15 Va July

common

Sugar

Jan

20 Va Mar

14

1

Inc

1.200

Jan

Jan

July

60

1

'

Airlines

Securities Corp General,,

""or fontn'ifpo

2 %

18%

18%

50c

Scurry-Rainbow Oil Co Ltd

Bros

2%

18Va

•

common

Jan

9% May

l

Inc,

Scullin

Seenian

.

38%

1

Schick

Seaboard

HT

5%

5,500

Jan

90

July

22% Mar

25

July

23%

Feb

32%

3%

Jan

4%

4% Jan t

Feb

Jan
Jan

6% July

28
14 %

1

110

3%

100

|j

Apr

9% Mar

53%

—1

Feb

Feb

19%

S A Mar

.1.25

Corp

Products

dep

Universal
common

20%

18%

Universal Consolidated Oil.

Corp Ltd

300

21%

*

Yards

Aircraft'

Amer

United

St Lawrence

22%

17%

20

Corp.

preferred

United

22

Jan

20

70c

Canada

9% July

3614 July
3% Jun

20%

3%

1:

__

__

_

of

Gas

Feb

19%

Jan

Apr

18%

i-_ —_1

common

Chemical

Jan

19%

2%

2%

61%

.

Realization

United

22

5

l%July

800

21%

20

Ltd.

Unexcelled

Apr

Jan

2,400

1

Ulen

34%

Jan

Apr

1%
2%

July

24%

Feb

2%

9"%

22%

22%

0

Union Stock

89

15% Mar

Jan

1%

10%

__

Jan

,5

Ltd

Ryan Aeronautical

5

Inc

United
__l

pfd F,__.100

.

9'A

Jun

2%

warrants

%

7%

5%

38% July

12% July

1%

25c

Corp

Jan

22

16%

600

*

Inc

preferred.
Mining of Nevada

Tonopah

1°6

Rio Grande Valley Gas Co—

(Texas Corp) vtc,
Rochester Gas & Elec 4%
Rolls Royce Ltd—

Fen

700

800

9%

11%

1

pfd

Toledo Edison 4'A%

25 %

1

Argentine Mining Co...

18

Feb

17%

13 %

Corp

Oil

33%

Jun

Jan

2%

29% Mar

13%

21%

Corp

Royalty

Union

9%

5% Mar

9%

rets ord registered
£l
Amer deposit rets def registered.—5s

Jan

35%

Jan

Amer deposit

6%

*

4%

12%

1

Investment

,

600

18%

_

Tobacco Security Trust Co Ltd—

Union

7 % May

7% May

5%

17

*

£2';

7% July

400

11%

Jan

13%

1

Inc

Jan

100

Feb

4%

100

Jun

Realty & Construction.!- i—1
Allied StocksluL%__'jV L
5

6%

1,500

15%,July

8

3,800

4

Tdbaccd'&

300

U

Feb

1,400

7'A

5

common.

7%

8%

13%

11%

Jan

5

Markets

Union

9%

15%

July

2%

1

common

Corporation

8% July

14

15% July

3%

Corp

Jan

1

;

Jan

Jan

3%

common

4%

8%.

5

Jan

Jun

13

15

Light $4.56

Co

2,000

8%

—-

3%

3,000

5

5%

common

8%

•7%

i

Inc.,,

Richmond

50

28%

1

...

Remington Arms Co Inc
Rice-Stix

4%
24%

25%

8%

1

Co,,..

&

4%
24%

28%

.,6.25

Co

(Robert)

4%

*

—.10c

common

Preferred

1
10

30 % July

15%

6%

12%

common

Chemical

Thorofare
Tild

Trunz

Railway & Utility Investment A
Rath Packing Co common
Raymond Concrete Pile common

25

Jan

5

A

Tri-Continental
_•

Jan

25

15%

•

Trans Lux Corp
__

Jan

16%

1,550

10%

1

common

Technicolor

Trans

Quebec Power Co

41 %

3,000

30

15%

25c

Inc

Corp

Tampa Electric Co

9% May

50

16
38

38

2% Mar

175

38%

May

44% July

113 % May

_

8

600

8,700

3%

7

Feb

9%

11%

15%

1 %

3% May

Jan

Apr

Jun

Jan

12

B

Drug common
:
Supermarkets Corp
Portland

700

23%

1

common

Ray

Sunrise

Superior

Jan

25%

;40%

14%

3 i3

Producers Corp of Nevada
Gas

5%

Jan

3%

250

11

14%

Co

49%

23%

Jun

8

Jan

111%

49

Jun

20

2% May
21% Jan

36

100
*

Sun

&

May

2% May
56% Jun

72% July

Jan

2%

July

3%

Feb

7%

*

2%

Jan

1%

15%

5

Jan

1,100

500

Stroock

4% Mar

1%

400

(Hugo) Corp
Stop & Shop Inc

26

14% Mar

3.400

May

(S)

5% May
23

29%

*

common

Superior Tool & Die Co,.

2 Ye

2%

*

B)

Jan
Jan
Feb

*

common

Stinnes

(J

3%
18%
11%

3%

July

6% Mar

Jan

May

1,200

common

Stetson

2,900
500

—

Jun

4%

Jun

2,300

...

July

Feb

12%

5

17

May
14% Feb
3%

1

72

60

20

Apr

'

2%
3

1

Providence

43

%

71%

America,

Prosperity Co class

Jan

Jan

70%

preferred—

Metals

5%
12%

70%

Pratt & Lambert Co
Prentice-Hall Inc common
Pressed

500
8.400

21%

25c

Powdrell & Alexander
Power Corp of Canada

5 %

14%

5%

5%

(A)

Corp

Canada ordinary
Corporation,

& Co

Jan

28%

Stein

8% Mar

3%

1%

Sterling Aluminum Products common_5
Sterling Brewers Inc
1
Sterling Engine Co
10c
Sterling Inc
:1

8%
55

300

5

Feb

Jun

Feb

Feb

Jan

4%

38

Jun

6

5%

5%

54

~5

of

Parts

300

Jan

38

Co

1,700

Jan

4%

1

(The)

Steel

Steel

6%

41%

3,300

*

Starrett

Mar

"7%

1,000

5%

22

1

21

„_50

Mining Co

B

20% Mar

5

_l

common

class

6% Mar

49%

4%

1

Jan

39%

70 %

__i

Pittsburgh Railways Co__
Pleasant Valley Wine Co,,,,,;.

Tube

27'A May
25% Mar

Jan

12

1

Jan

4

l

Amer

Standard

Jan

Feb

5%

■

21 %

*

Co

Corp

13%

5%

Perfect Circle Corp,
2.50
Phillips Packing Co—;
*
Phillips Screw Co...
.——10c
Ltd

B

Products

13%

13%

42%

Mines Ltd....

Jan

4%

1

common

300

6 %

14

Pep Boys (TheI
1
Pepperell Manufacturing Co (Mass)_„20

Piper Aircraft Corp common

July

class

Light

1,000

~7%

1

common

4%

Common

&

18%

2.50
...

60

Jan

3% Mar

26%

Pennroad Corp common
Penn Water & Power Co,

Pioneer Gold

53

Power

18%

~6%

i

2

Pierce Governor

25
200

Standard

25%
24%
'

12%

10

18%

2

Patican Co Ltd,

4%

(Ky)

preferred

17%

18%

__2

B_;

Parkersburg-Aetna Corp
Patchogue Plymouth Mills

GO

x4

Oil

Convertible

Feb
Jun

% July

21%.

23%

1%

Standard

28%
38

Jan

5

49%

Standard

Jan

2% Mar

1
1
10

30% July

105 % Mar

51'A July
x41

4

__1

26'A

x4

Jun

32% Mar

47

5%

Packaging Corp

Feb
Jan

32%

.

——

1

1%

1

Jun

10
•,

26% May
34% Jan

„

Inc

26%

i

Jan

51

27%

'

:

48

20

Corp

Industries

101'A

Jan

Jun

Feb

9%

Jan

26%

Jun

5%

•'

—

5

Corp common
preferred

Forgings

75

1%

5%

6,000

38

— —

1

convertible

500

lc

2,000

28%

24

Apr
Jan

50

*

20%

Amer share—1 Bol

Jan

4% May

Jun

4%

8%

27%

38

1

Inc

71

vtc

Pinchin Johnson

$1.60

Standard

Feb

Jan

41

27%
—.

Co

Standard Dredging

12% Mar

Jun

24

4%
8%

25

Corp

30%

103 % 104

--

(C A) vtc—2 Bol

Motors

Traffic

Stahl-Meyer

Standard

2%

Jun

Royalty

Shoe

Feb

1 % May

7%

common

(C A)

Apr
106% Mar

Jan

104

33,000

»

Park

Penn

10
190

3,300

May

3%

——

4%
__

25

Line

30%

Service

Pancoastal Petroleum

Class

106%

2

preferred

Page-Horsey Tubes
Pan

104

106

2%

Petroleums Ltd

Pacific

104

106

*

,1

4%

'

105% May

;

Jan

600

3,800

mrm.

25

Jun

preferred,.

32

6%

'

25

27%

Airlines,,

July

22%

preference

preferred

27'/8

preferred

Jan

5

34

25

preferred

preferred

400

cum

28

6%

7%

preferred

Pipe

2,400

dividend

Jan

21%

27%

cumulative

29

Northern

July

3% May

•

7%

cumu.ative

29

$4.75

Feb

22

28

28%

4.32%
Southern

28%

$4.40 dividend

27% May
28% May

6%

25

28'A

*

May

18%

Feb

2,500

4%

__

36

Apr

23%

7,200

5

Jan

July

16

__

1

preference,.

28%

Pacific

■

22

102%

26% Mar

200

—

.12.50

4.08%

33% July

Jan

—

17%

—

*
1

convertible

28%

Lighting $4.50 preferred—

'

—-

—

1

4.48 %

36% Mar

Jan

28

Mills

common

convertible

25

Pacific

i

x54

Jan

•

£1

common
Co

cumulative

redeemable 1st pfd series A
25
4.80% red 1st preferred.—___.—25

5%

4))

Jan

74

Southern California Edison—

22% May

30%

25

1st

13%

Oil

Jun

40%

"

20

common

Paper

Coast Corp
Penn

8%

1,300
1,600

22%

Corp

Manufacturing

17%

46~%

47"%

1

common

17% July

Jan

'

(Howard)

Sonotone
Soss

Jun

4.56%
Can

10% July

Jan

4%

51%

1

Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord registered

5%

Pacific

Jan

15%

'

common

Singer

4.88%
Pacific

5%

100

93%

17%

•

common

Pattern

Simpson's

15

O'okiep Copper Co Ltd Amer shares_10s
Overseas

3,500

Publications—

preferred

Simplicity

1,375

19 %

convertible

Jun

Feb

1%

4%

$3

51

110

6

1

July

Jan
Jan

8%

!

Jan

44 %

Jan

50%

-1

—

Jan

A Mar
15

July

2,900

8

--

2

A

common

105%

—7

Olympic Radio & Television Inc
Omar

10

92

—2

110

77%

8%

l

preferred—.

4 %

class

Co

Gas

B

200

1A

73

25

2%

6,300

72%

1%

90c
common.^

108% 109%

109%

-.100

Ltd..

Company

50

50

preferred'

4%

3%

50c

Brass Co class B common

Power

17%

__

—.—-——*

Simmons-Boardman
Ohio

10%

7%

*

class A,

Ltd

Breweries

Silex

Ogden Corp common—.J.

400

4%

92

*

Canada

America

of

Corp

Class

Ohio

6,000

9%

High

3% May
Y4 Jan

51

——100

preferred

He

17%

25

—

900

10'A

10

7%

Power—__—

common

Sherwin-Williams

Jan

2,800

10%

Range Since Jan. 1
Low

4

%

*

Wfcter

Shares

3%

5

3%

40,200

—7—20c

Inc

Mining

Denn

for Week

High

—

50

4%%

1%

2% Mar

10%

B

common

eLather

Shattuck

Feb

42%

class

18%

3%
4%

4%

4%

1

Co

Serv

42

__5
-

Pub

.

42

3

25

Oil—.

Northeast Airlines
North

42

Rayon $3 preferred_5Q

Range
Low

1
10c
1

common

Control

Corp

Seton

%

Corp

Safety

Serrick

Non-Ferrous Metals Products Ltd—
American dep rets ord shares
Norden Laboratories Corp

Radio

Sentry

5% Jan'

Apr

Is

July

•

Sales

of Prices

Sale Price
Par

High

23%

1

Noma Lites Inc

1

Week's

Last

American stock Exchange

Range Since Jan. 1

Shares

"

Nipissing

23

for Week

High

21

21%

JULY

ENDED

Friday

22%

5

WEEK

Sales

Week's

30'

850

24%- Jan

31

July

14%

14%

500

12%

15

Mar

Jan

Number 5345

Volume 180

.

.

33

(377)

The Commercial and Financial Chronicle

.

AMERICAN STOCK EXCHANGE
RANGE

Sale Price
Par

Low

*

preferred

7 %

Low

Low

Watch

♦Waltham

Ward

Co

Webb & Knapp

common

4.40%
Ltd

Utilities

Texas

West

Leaseholds

Western

151

Whitman

Wickes

Oil

(The)

Williams

& Co

Products

Wilrich

Petroleums

Wood

Woolworth

6%

500

Lt

35%

Jun

11%

17%

17%

100

19

27%

23%

26

150

25 %

Apr

28

Jan

26%

Jun

4%

4%

2,100

4

11%

10%

2,000

Mountain

6%

7%

12%

12%

400

16

A

15,400

Hamburg Elev &

-

1,350

A7s

ex

Nov

J947

1

A

13

38%

39%

1

"ill

"l%

Last

Quar-Feb
—June-Dec

1963
4s 1970

64

65%

33

63

56%

56%

56%

10

54%

96

17

94%

103"%

A6s

mtge s
Corp

Wasatch

Total

20

15

Total

10

First

Second

10

Rail¬

Util¬

65

Indus¬

Grade

Grade

Util¬

trials

roads

ities

Stocks

trials

Rails

Rails

ities

Bonds

59.57

127.61

100.05

102.91

100.34

100.31

100.90

59.78

127.33

) 00.02

103.07

100.27

100.26

100.90

100.28

100.30

Date

339.96

•

117.16

338.64

16

July

116.80

40

July

19

20.

337.62

116.05

59.64

126.84

100.05

21

339.98

116.88

59.64

127.56

100.01

103.05

100.29

100.26

22

342.97

117.69

59.67

128.40

99.99

,103.13

100.26

100.31

July

.

.

-

_

103.15

86

48

1150

1956
1956

1941—
f gold 1945
j—
deb 6s ser A 1963

Union 6s 1959

41%

12

48
-

-

98%

100.94

+00.90

.

100.92

Range

July 19____

57.27

High

Tues.

July 20

57.23
57.13

21

141%

—

Fri.

«1%

20

94%

135

High

49.80 Feb

2

57.82

Low

44.40 Sep

16

133% 133%

128%

189%

the current year are as

143

191

93

92
104%

102

1103% 104%

*150

155

*88

'

92

.

-

(

—.

-

"

85%

91%

103

105%

99

a 102%

''
—

■

101%

103%

99%

—

104

Manufacturing

232.3

r

—0.3

273.0

275.2

v

254.4

291.2

Transportation
Utility

257.3

193.2
«

249.7

234.4

o

198.5
124.6

+

O

1.3

138.9

i,

+

0.3

235.9

»' 209.5

—1.8 A

235.3

252.6

Mining

222.7

254.4

294.1

+ 1.6

,

137.1

235.9*

Low

; 193.9

275.2

—1.0

230.7

138.9*

—

and Service

Trade, Finance,

,

—0.5

294.1

234.4*

Goods

Non-durable

High
232.3

—0.8

253.1

_a

Goods.

-1954-

Percent

Change

273.7-

233.1

102%

—

high.

93%

93%

*25

—-

132
156

'.'

134

15

156

2

85

85

1

*133

156

137

'■

102%

148%

100

*84

156

85

Daily, Weekly and Yearly

136%
135

Stocks

-V

—

63

.

66%

91

103%

101

Number

Week Ended July 23,

*102% 103%

99%

103

*100% 101%

98

102y4

Mon.

19—

20
21

97

100%

Tues.

July

103

101

102%

Wed

July

*105

107

103%

1071/,

Thurs.

101%

104%

Fri.

99%

*98

'

—

1954

14

102% 104%
99%

1

99%

*102% 103 %

—

—-.■

2

90

89

*95

175

'

175

99

—

175'A

6

97%

a

July 22
July
23___——.

2,373,620
2,575 940
2,513,C40
2,888,482
2,529,610

Total

$17,273,000

81%

152%

4,436,000

452,000
395,000

3,336,000

$19,613,000

$5,000

$2,335,000

Jan. 1

Week Ended July 23

277,611,477

4,470,550

Bonds
90

95

*95

U.

8.

to July 23
1953

1954

1953

1954

12,880,692

Stocks—No. of shares

4,229,000

_j

410,000

96

175%

3,967,000

535,000

96

89

Sales

$3,645,000

$5,000

$543,000

$3,097,000
3,432,000
3,984.000
3,834,000
2,926,000

Bond

Bonds

Bonds

Bonds

Total

Government

Bank

Foreign

Bonds

100-/8

103%

102

Shares

I

United States

int'l

Railroad
oj and Miscel.

12,880,692

July

*101

'

-

A\Y\

85

83

—

102% 102%

Exchange

Transactions at the New York Stock

135

120

*96

——

116

130%

*122%

——

•

100):

July 9, '54

——

-

*New

*90

=

54

231.7

Composite

158

9

*103% 104'/2

*102

—

*

20

:

,

101% 101%
"

150

' J+H

.

f. J

103% 103%

103 7/a

follows (1939
July 16,

Durable

■

prices of the common
and by major indus7
with the preceding week and with highs and lows for

The SEC Index of stock prices based on the closing
stocks for the week ending July 16, 1,954, for composite
+

145

1145

j

1«)53

for

SEC Index of Stock Prices

50

142%
122

93

91%

4

47.32 Jan

Range

103%

try groups compared

89%

57.82 July 23

____

57.41

23

July

11)54

for

Low

July

Mon.

122

125

209,414,272

$35,000'

$5,500

Government

—

Bank

International

—

Foreign
Railroad

*93

and

$5,000

$25,000

703,000

613,000

76,275,200

57,076,340

17,273,000

1,680,000
9,735,000

456,752,600

410,015,500

$11,440,000

$533,736,300

$467,739,840

—

Industrial

'

'

——

Afap-Nov
—June-Dec
Jan-July
June-Dec
June-Dec

*25

2,335,000

19,613,0G0

—

June-Dec

June-Dec
Feb-Aup

5s 1960

*25

1121%
93%
105

72%
109

133%

112

__

1

116

116

2

93%

105

'

93

105%

105

72%

17

103%

72%

90

72%

1

109

109

107

99%

1100% 100

132%
96%

105%
72%

Transactions at the American Stock Exchange

110

102%

Daily, Weekly and Yearly
Stocks

Foreign Governments and Municipalities
Friday

Interest

BONDS

Period

American Stock Exchange

Last
Sale Price

or

Friday's

Bid & Asked

Agricultural Mortgage Bank (Col)
A 20-year 7s April
1946
A20-year 7s Jan 1947
ABaden
(Germany) 7s 1951

—

—April-Oct
Jan-July
Jan-July
June-Dec

Valley 7s 1948

A6s
A 6s

series

Port

AGerman
AS

f

AHanover
A Lima

1951

&

Cons

Waterways 6%s
7s 1947

Munic

secured

AHanover

Feb-Aug
April-Ocf

1952

A

series B

ADanzig

State & Prov Banks—

(City)
(Prov)

6s

7s

6%s

Jan-July
Feb-Aug




No.

1939

1949

23, 1954

Range Sine®
Jan. 1

Low

High

__

547.390

19
Tues.
20
Wed.
July 21
Thurs. July 22
Fri.
Juiy
23Mon.

Bonds

Shares)

July
July

$68,000

Government
Bonds

$33,000

142

*128
*84

84

$7,000
13,000

114,000

506,925

80,000

8,000

16,000

104,000

64,000

20,000

20,000

104,000

524,505

]

82,000

9,000

602,050

86,000

9,000

1,000

96.000

2,838,785

*85

115

5

75

117

20%

95

75%

$380,000

$89,000

$57,000

526,000

Week Ended July 23
1953
1954

shares

21

94%

135

83%

123

Domestic

130

145

Foreign government

102

125

Foreign corporate

96

May-Nov
Feb-Aug

1

*111

115

51

573A

41

41

Total

23

1953

2.838,785

60.670,889

$262,000

$6,678,000

$7,424,000

89.000

100,000

6,717,000

11,158,000

57.000

81,000

2,961,GOO

3,278,000

$443,OCO

16,356,000

$21,860,000

Bonds

__

—-

to July

71,814,937

$526,000

of

17%

139

Jan.

1954

1,234,120

$380,000

Stocks—No.

1

11

20%

92

*41

Total.

108

139

*573/4

$108,000

657,915

+

84

88

105

Bonds

Bonds

—

_

120

75

Total

Corporate

■
__

6

City (Peru 6%s stamped 1958
Mar-Sepf
stamped (Plan A) 2%s 2008—May-No®

Maranhao

*93%

Sold

High

June-Dec

1947

Ger

1952

*93%

Bonds

Domestic

of
Week Ended July

Foreign

Foreign

(Number

Week's Range

Low

Bk of German

A"

(35 Stocks)
Closing

Date—

96%

193

May-No®
ApriZ-Oct

1940 coupon

110
4

1107% 115

—»

ACauca

I

91%

86

35

88

130

102% 102 %

Feb-Aup

April-Oct

•

93%-

97

1123

86%

——.

Central

•

Over-the-Counter industrial Stock Averages

Thurs. July 22___

195

April-Oct

Newspaper

10

10

30
Indus¬

*25

Jan-July
——April-Ocf

Washington Water Power 3%s 1964
Webb & Knapp Inc 5s debs 1974
Western

Co.:

-Bonds-

-Stocks-

*93

(Calif) 3s 1971.—Jan-July
& Electric 3%s 1970
Feb-Aug

West Penn Traction

bonds

closing averages of representative stocks and
compiled by Dow, Jones &

Wed.

—-Jon-July
—May-Nov
AprH-Oct
May-No®

f debentures

s

V

the New York Stock Exchange as

on

106%

United Industrial Corp—

A6%s

listed

100%

*104% 105 %

Hydro-Electric Co—
with Aug 1 1940 coupon 1953—;—Feb-Aug
A6%s ex Aug 1 1947 coupon 1953
4
United Electric Service Co—

'

voting-trust certificates;

"n-v" non-voting stock; "v t c,"
with warrants; "x w." without warrants.

w,"

the daily

are

63%

95%

1952
—
1952
Mar-No®
Trust 6V2% liq tr etfs__

coupon

..

cumula¬

Stock and Bond Averages
Below

67%

A6%s

1

"w

/

Gas

1-1947

;

'

.

.

91%

Terni

Dec

issued;

when

i,"

101%

coupon

(Hugo) Industries—
2nd stamped 1946

Dec

"w

150

132

85%

—June-Dec

;

Spalding (A G) & Bros 5s 1989
Starrett Corp Inc 5s coll trust 1966

with

,

.

105%

97...

Jon-July
May-No®

1978
California Gas 3%s 1970

ex

Transaction for cash

r

High

101%

11

16

-June-Dec
—June-Dec

series E

A7s

Low

No.

High

36

'

A7s

range),

in year's

Jan. 1

Sold

Bid & Asked

91%

Jan-July
Mar-Sept

May-No®
1981—May-No®
Sapphire Petroleums Ltd 5s conv deb 1962_Jan-July
Southern California Edison 3s 1965-——Mar-Sept
3'As series A 1973
Jan-July
1st and ref M 3s series B 1973
Feb-Aug
27/eS series C 1976
u_Feb-Aug
3 Vbs series D 1976
Feb-Aup

A7-4s

Range Since

64%

Housing Corp 6%s 1958
Safe Harbor Water Power Corp 3s

Stinnes

Bonds

Friday's

99% 100%

Jan-July

Southwestern Gas

Jan

2

91

Moy-Nov
May

——

Counties

5%

July

tl50
100

Jan-July

A Ruhr

3%%

3%

Compiled by National Quotation Bureau, Inc.

Reading Tube Corp. 6s 1971
ARuhr Gas Corp 6%s A 1953

Southern

May
3% Apr

Apr

104% 104%

June-Dec

ex

Southern

13

tive; "conv," convertible; "M," mortgage;

Apr

11

lft Jan

9,400

I

or

Sale Price

Hydro-Electric Co—
1 1940 coupon 1960
ApriZ-Oct
.Oct .1 1947 coupon 1960
APrussiah Electric 6s
1954Feb-Aug
Public Service Electric & Gas Co 6s 1998—Jan-July
A6%s

45%

Week's Range

with-Oct

•A6%s

5%

4%

July

*—i cr V*

Piedmont

.

Apr

3Ya

1941—
1963
—,
New England Power 3'As 1961
Nippon Electric Power Co Ltd—
'A 1st mortgage 6%s 1953
Jan-July
6%s due 1953 extended to 1963
Jon-July
Ohio Power 1st mortgage 3'As 1968———Aprll-Oct
1st mortgage 3s 1971
April-Oct
Pennsylvania Water & Power 3%s 1964—June-Dec
3'As 1970

3%

4

(not included

transaction

17% May
13% Jan

Jan

32%

1,400

I

1

Midland Valley RR 4%

•

32

and

„

Jan

12% Feb
107% Mar

87/a Jan

1

Mansfield Min & Smelt 7s

A

Feb

II

500

12%

12%
—

coupon,

Italian Power Realization
Leonard Tietz 7%s 1946

4%

year's

Jan

15% Jan

100

17

17

Underground

! 1 1940

Nov

with

A7s

in

bid

Apr

2%

102% Feb

--

1993

5%s 1938___—
Hydro-Electric Co—.

48
36%

3%

range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
asked prices; no sales being transacted during current week.
A Bonds being
traded flat.
§ Reported in receivership.
• f
....
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum,"
included

7% July
13%

Jan

10%

1978

& St Rys

A

Jan

i7a July

.

2y8

Hamburg Electric 7s 1935

A

39 %
32

16

11% July

>10% Jan

%

1956

3%s

56

37

(not included in year's

RR—

A

Isarco

21%

Jan

6

7%

Period

1953

Power

8% July

Feb

7

900

12%

8

Guantanamo & Western RR

48

5% Mar

10%

% July
8% Jan

5s

5s

44%

52

47 %
47%

Deferred delivery transaction (not included in year's range), d Ex-interest,
range), f Ex-distribution, g Ex-stock dividend, h Ex-

a

Under-the-rule

n

JFriday's

Jun

17%

4%

1953
May-No®
A6'/2S ex Nov 1 1947 coupon 1953
May-No®
Finland Residential Mtge Bank 5s 1961—Mar-Sept
Flying Tiger Line 5V2s conv debs 1967
Jan-July
Green

Mar

5,700

Mtg Co—

debs

(not

Jan

16

value,

Odd-lot transaction

Jan

6'/2s with Nov 1 1940 coupon

6s

principal.

8% Apr

Interest

RR

&

va

39%

3% Mar

mortgage 4s series B 1993
Eastern Gas & Fuel 3%s 1965

AGesfuerel

e

May

A 1st

A

Mar

July

32% Apr

1

4s series A

10*

36%

*35%

June-Dec

par

6'
188 '

75

Lackawanna of N J Division—

Water

♦No

Jun

Jun

July

£1
*

Delaware Lack & Western

66%

100

__

*50%
48

Jan-July

1921

Jan

50

Low

Marrelli Elec

103%

A5 %s

July

27 %

17%

66%

66%
100

*40%

2s 2012—Jan-July
6%s 1919
Jan-July

Government

4

9'A

i

66%
100

Jan

34%

34%
9%

2

Transit Authority 3%s

ARussian

*66

_Jan-July

series E 1997—

f 2%s

s

Sinking fund 3s Jan 1 1997
de Janeiro stmpd *(Plan A)

Jan

4%

3

Appalachian Elec Power 3%s 1970
Bethlehem Steel 6s Aug 1 1998
Boston Edison 2%s series A 1970

Krcole

165"%

3% Jun

12,200

::

BONDS

Elmira

Apr

Extl

85

—

Rio

175

American Stock Exchange

mortgage

1%

(Republic of)

101

20

4%

4

Friday

1st

Jan

20

common
Ltd—

Wright Hargreaves Ltd

Mortgage Bank

Jan

9%

1,100

Inc

preference

Chicago

1%

16% May

Jun

150 y8
i

102 7/a 102 7/8

100

pfd

deposit receipts

American

Apr

3

Machine

W)

(P

Peru

8%

:

Lt 41/2%

Petroleum

27% July

3

Ltd

Industries

Woodley

Jan

I

25

Pwr &

Jan

21

280

3%

3%

12%

21% July

8

common

Newspaper

W'oodall
'

152

151

1947

of Oct 1927)

(issue

High

85

*66

May-Nov
April-Oct
June-Dec
June-Dec
_Mar-Sept

AMortgage Bank of Chile 6s 1931
of Denmark 5s 1972
Parana stamped (Plan A)
2'/as 2008

3

Inc

Brothers

Wisconsin

% Jan

4

1
5
•
1
1
1

preferred

5%

37,100

1%

1

A7s

2% July

8%

Corp

Willson

Wilson

7% Feb

Jan

Low

No.

<

Jan

25%

Corp

(R C)

7'/a July

300

Mortgage Bank of Bogota—
A7s (issue of May 1927)
1947

Jan

110

May

1

& Co

(Wm)

River

Wichita

500

3%

25
—1

preferred

convertible

5y2%

22,200

15

105

1
5

Stores Inc

Auto

White's

1%
7%

l'/a

l'/a

100
•

pfd

Mfg_

Shoe
Corp

Whirlpool

1,300

13%

1st pfd
100
Western Tablet & Stationery com—*
Westmoreland Coal
20
Westmoreland Inc
10
Weyenberg

27%

11/2

Maryland Ry 7%

Western

26%

2614

40o
10c
*
1.25

Inc

Manufacturing

Wentworth
'

'

750

*

7%

preference

series

$6

207/a

warrants

Baking Co

7%

Jun

5,800

20

1
1

Wasatch Corp

5y8

10

2'/a

2

Inc

Tiernan

&

1,200

3% Mar

Jan

Jan. 1

Sold

High

184

June-Dec

1951

stamped

7s

Range Since

Bonds

Friday's

or

Bid & Asked

Sale Price

High

109% 109%

30

preferred

cumulative

$2

f Wallace

5%

2%

700

1

Waitt & Bond Inc
i

3%

5%

5%

100

.

"

Week's Range

Last

Period

American Stock Exchange

Range Since Jan. 1

High.

3%

3%

•

Aircraft Co

Interest

BONDS

Shares

AMedellin

jWagner Baking voting ctfs ext

;

23

for Week

w
/Waco

JULY

WEEK ENDED

Friday

Range
of Prices

Last

STOCKS

American Stock Exchange

FOR

Sales

Week's

Friday

—

34

The Commercial and Financial Chronicle

(378)

.

Monday, July 26/1954

...

OUT-OF-TOWN MARKETS
RANGE

Boston Stock
Last

Range

Par
Motors
Tel

American

5

Tel

&

100

_

conv

_1

Boston Edison

Boston & Maine

5&
Boston

Calumet

Cities

10

53%

68%

700

10%

271

25%

27%

34%

101

5

400

——5

101

9%

10

10

91%

96%

484

•

39%

39%

76

;

7%

(N

Oil

(Ohio)

Jan
Jan

J)—

July

July

Toledo

Edison

10

Common

—-—-—100

6%

cum

5'/c

pfd adj

Eastern
First

1st pfd class A

National

General

Inc

Island

8% July

>400

1%

55

55

28

28

22%

76c

5

75

Mar

.

v

1—

1%
55

Jan

30
24

Co—...

Ja&

44% MaJ

43

40

35%

Jan

44%

•

i,

/

V.-

18'A

43'A

Jun

44'

JlliS./

3474

36

205

28%

Jan

36 '

75

Jul3?«

;3

72%

Jan

83% Juij

71%

Jan

'

84

:37

<
r

.85
■Z

lb

87%

r>

15% Jan

90

38%

le

—

41%

-

,511

90%

32% Mar

Jftuf

42%

Maf

0

1474 May

J7,; 21% Juil

18%

18%

.

1-,

50 '

18'A July

19%

.

21

10

82%

Transit

95?.
25
60

50

54%

:

82%

.

:■.

■r

54%

/

Cincinnati

14%
21

85%

70%

51%

"

68

'

—10

.465

71%

u

43%

16% July

:

,

56%

Feb

~

:

89'

29% Jan

.

39%

Jutf.
Jult -

21'

July

70%

-

44

:

21

s

252

43

56

_

-

12% Jan

_

Juil -

'

:_

(F W)

14%

:

339

371/2

_L

:

•

Wool worth

Api18% July

37% July

54%

Jan

5074

Jan

40%

Apr "—

JulV

75%

Juf

45%

Jai

'

-

BONDS

f

Apr

55%

49

Mar

43%

45%

2,884

38%

Jun

67%

723

45%

Jan

6%

100

4%

1998.

$3,112

-

54

Mar

63

'

Jan

67% July

6%

4'As

55% July
48% Jun

64%

1

Coal

Jul#

223/4

Jan

18

*

1

j

1

Westinghouse

Feb

Jan

1

5

—

3074

Apr

34%

87%

_i___50c
—

Feb

17%

2274
55%

-•

(new)

Jun

17%

16

Jan

18%

"

26%

39%

38%

5

—

_______

Union Carbide /.-———i

10% Jan

Mar

44

285

Bakeries

Creek

1%

—•

(The) Co.

Hathaway

255

100

common

Stores

Electric

8%

100

,

—

Lines

SS

Gillette

8%

Street Ry—

40

31

43%

.

.

—

—

1

_________

Twentieth Century-Fox

105% May
41% July

U S Steel

(new)

Massachusetts

J

—/.

i

U S Rubber Co
Common

33 % July

30 »/8

,

75

l

10
—

Sunray Oil

Eastern Gas & Fuel Associates—
Eastern

18%

,:Z

15

—

Studebaker

*

f

High

60,1 Jan
37% jun

Jan

la y8

:

*

Jan

10

Jan

79

22%

Oil

Standard

272

47%

42%

36

——25

(Indiana)

Low

39%

'//

V

•

Oil

105

89 % May

/

25

36'A

35%
30

.

42%

•

Brands

Standard

10% July
28'%

"-j.

•

/

5

Co

Standard

34% July

i

«r

Pacific

Standard

54% July

May

221

10

Co

Soutnern

Southern

20% May
26% Jan

157

34

Jan

49

•«

59%

■Yi

r

Range Since Jan.l
-

187's

1.
—

Vacuum

Socony

Jun

36%

1.40
*

Feb

94%
132%

10

Tobacco Co—

(R J)

Industries

""

Shares

Hiah

5974

—

,

Regis Paper

40% July

Jun

Low

„

Sinclair

23% July

Jan

121'A

St

Schenley

Jan

175% July

Jun

29%

129

54%

18 'A

Jan

314

100

RR

Co

Range

54%

8%

Hecla

&

Service

Copper

71

39%

•

Trust

Prop

Providence

&

71

38%

15%

Reynolds

High

1074 July
15574 Jan

110

127% 129

—100

————

Personal

Low

4,159

when issued)_100

(new

preferred

Boston

25

—

Range Since Jan. 1

255

22

K

—

Sales
for Week

Range
of Prices

0

Steel

Republic

Week's

Last
Sale Price

Par

Shares

11%

21%

—

Copper

Boston & Albany RR

Friday/

1'

for Week

-

170% 175%

175'/8

23

STOCKS

High

11

*
50
100

pfd

pr

Anaconda

Low
11

*

Woolen

American

$4

Corp

JULY

ENDED

Sales

of Prices

e"

American

WEEK

Exchange
Week's

Friday
STOCKS

FOR

44%

100

Jun

9%

Jan

—50c

14%

14%

70

•

84%

85%

523

64%

Jan

85% July

22

22 %

200

18

Jan

23

5

46%

47%

37%

Feb

May
49% Jun

Narragansett

1

14

14

Jan

14%

Jun

National

1

13c

Feb

Kennecott

Copper

Maine Central RR

Chemical

Mathieson

100

common

Corp

Racing Ass'n
Companies
England Electric System
England Tel & Tel

New
New

Service

20
100

Norbute Corporation

Pacific

50

——

Association

Shawmut

16%
131%

327

1

1%

900

75c

Apr

*

Stone & Webster Inc

•'

Twist Drill

Union
United

Fruit

Co

Co

20%

U

S

common

25

System Inc
Westinghouse Electric Corp

12.50

23%

15"% Mar

100

American

Stock

Exchange

Ford

Stock

Exchange

Midwest

Exchange

Stock

Exchange

Building

-

DETROIT

Telephone:

WOodward

2-5525

Feb

7

Mar

20%

300

18%

Apr

26 %

415

21%

Jan

25%

715

23% July

28%

Jan

13

675

11% May

13%

Jan

50%

53%

4,490

43%

Jun

20% May
27

July

Detroit Stock

Apr

45%

46

70*7

36%

Jan

46

36%

36%

187

29%

Jan

37% July

48

48%

167

103% 104

6

11%

11%

20

68%

70%

Detroit

45% July
18%

Jun

49

•

_

537
631

6%

20

45%

Stock

York

1 >/2 Juiy

25

50%

Members
New

16% July

38%

6

WATLING, LERCHEN & CO..

131% July

12%

Vermont & Mass RR CO—___.___._100

Waldorf

Jan

25%
25

clm__50

Smelting, Refin & Mining

Jan

Jan

13%
115

16%

6%

•

—.

July

16

—___—5

United Shoe Machinery

5c

35%

16%

•

Torrington Co

17'

Apr

15%

2.50

—

11%

128

15'/a

131%

,■_*
RR

Drug Inc

7V

15

8c

1,500
1,845

2.50

Mills

Pennsylvania
Rexall

8c

14% May

71%

601

Mar

44

103 %

July
11% May
Jan

50

July

50%

Apr

105
13

Week's

Last

7

May

Par

Jun

Sales
for Week

of Prices

Shares

Low

low

Electric

1

3%

3'A

3%

366

Brewing

1

4%

474

4%

2,075

American

Metal

Big Bear

Friday
STOCKS

Week's

Last

Par
American

Laundry Machine

Balcrank

Baldwin

Brummell

Beau

Carey

1

___

Brewing
i

—,

Champion Paper

—-

common

—*
10

5%

Cincinnati

Mililng

Cincinnati

Telephone

I

31%

160

"5%

5%

200

22%

100

20%

21

146

23%

21

93/4

May
Apr
Jan

5%

Apr

5%

213/4 May
17% Jan

21%

47%

6

32%

Jan

23%

825

20%

Feb

14

96%

Jan

47% July

Eagle

Picher

Formica

-70

47%

Jan

75

1,107

69 3/4

Jan

773/4 July

4%

456

4

Feb

20

13

Jan

Kahn

preferred

I

Gibson Art
Hobart

8%

S

10

Jan

3% May

52

52 %

29

13%

13%

25

48%

47 %

48%

222

84 ;
85%
215% 215 %

877

68

Feb

2

210

Jan

84%

215%

—•

—

22%

•

Printing

3%

18%

35% Mar

29

•

B

Rapid
U

60

52

100

preferred
class

153

29

•

Gamble

&

3%

*

L_«

•••■—.

Procter

1

22%
36

•

common

Randall

25

2€%>
36

10

Manufacturing

Kroger

22%

*

Investment

15

15

*

common

32

31

<

80
270

22%
15

100

140

.

32

83

43/4
15»

May

Airlines

Amer

American

1

Cyanamid:

10

American Radiator
American

Jan
Feb

Hh

26%

26

26%

1,414

473/8

47%

Power

Avco

22% July
38-

3%

Pacific

Chrysler Corp

—

41%

20

12%
29

Jun

Jan

141/4

Jan

48V2 July

87%

Jun

215% July
23

July

15

Jun

32

July

Ohio

;

—.

Dayton Power & Light

Kodak

Co

International

^

Harvester

4%

4%

135

43/4

Jan

10

Inc

Martin

(Glen L)

York

Jan

10

Jun

72% July

Steel

344

23% May
33% Jan

63%

36%

Feb

62%

63%

255

56

Jan

66

Jun

91%

92%

12

78%

Jan

2%

25

41%
60%

50

14%

-_.7l9

125/8

Jan

31

25

27%

Jan

11%

12

278

41

11%

2%

14
31

14%

41

25

37%

Apr

41%

413/a

14

40

Jun

137% 137%

50

106

Jan

2% Mar

8% Mar

2774

Jun

1063/4 May
2%

Feb

14% May
311/b July
12

41%

July

&

Co

Register
Products

61%

116

47

Jan

37%

111

37

July

453/4

523

80%

79%

80%

446

38% May
59% Jan

12%

12%

60

11%

Jun

1474

31%

32%

178

283/8

Jan

20%

Central
Air

Petroleum

Oil

Corp
For footnotes see page 4'




1

Mogul

Frankenmuth
Wood

455

1374

Jan

21% July
8554 July

Hastings
Hoover
Hoskins

Kinsel

(S

_—

Murray
Mt

Clemens

Metal

Packard

Parke

__

62

common

__i

Pfeiffer

Brewing

80%

Jun

Jun

July

37%

6

353/8

67%

20

57 %

Jun

68% July

853/4

27

58i/4

Jan

62

,85% July

71

Jun

57%
56%

20

32

343/4

247

60

7%

7%

400

1%

1%

3%

374

13'A

13%

14%

14%

59%

Jun

17

May
19% Jan
9 5/8

Jan

15% Mar

13%

Jan

571/2 July

83

July

25%

Feb

2538

Prophet
Rickel

(Fred
(H

—

<__•

•

1474
•

/

7%

__

4% Mat

'

Jan

80/

2%

.

July
Feb

7%

-

Jun

Sheller

B)

Co

3% Feb
12% Mar

15%

945

27

14%

7%

Feb

15% Mat
874 May

24%

284

Jan,
Jan

27

July

240

2% July

3

Mat

174

1,016

1% Jun

1% May

30%

2,466

29% July
2% Jun

274

274

200

23%

280

22%

24

960

1 8%

Jan

Apr

t

4%

.

4%

233

3%

3%

514

3%

4%

560

3%

Jan

3

32

3 74

31%

12,933

32

Feb

5% July

Apr

15% Jan
7% Mat

7

7%

1,233

1%

1%

825

974

10

1--\

class B

4%

common

■

5%

12%

6

__

1% Mat

Jan

9

Jan

10

19

-

Jan

22 74

May
Juh

6%

2%

Jan

13%

Jan

15% July

350

18%

5%

12%

__

Jan

1%

Jan

805

15%.

18%

—

;
1/

37'4

Jun

300

5

1574

15'A
1

675

6

750

20 74

1974

Manufacturing

Udylite Corp
Vinco Corporation

July

4% July
4% Juh

11%

7

__

.

11%

11%

10>:'

4% July
3% July
,

i3%

s/'.11%

__

July

30%

5%

10

Jah

Apt

24

909

5'A

„

3

Jah

425
275

5%
.

3

24

,

Jan

4

,,_i

34

Feb

2374

,

5 ;-

Dillon

Feb

2%

29%

__

lr

1

FelJ>

JaA

479

1%
:

4

748

23%

__

1^,

Paper

Standard Tube

-

'

1%

Jan

174

29%

1.

5

Spring
Manufacturing

Scotten

700

1%

2%
__

Rockwell

Rudy

1,100'

8

27

—

-

W)

Raisin

15%

Jan

19% July

4%

Jan

5% Mar

ll%May

13% Mar

728
•

150

4%

851

5

July

6% July

Jun

———

«.

•

■
•

1

Feb

Aeco

Com

10c*

Alleghany Corp (Un)
Artiste

Mfg

Amer

Broadcasting
Can

Co

(Un)_.

Para

American

American

Smelting

Jun

American

Tel

48

Jan

641/2 Mar

American

(Un)

Jan

34% July

American

Viscose

&

&

Tel

(Un)_l~-

...

__

:

18
a46

10'

__

__

5

SS

(Un)

4

Co

(Un)

Corp

(Un)

25

70c

2,200

a3%

a3%

25

474

474

307

59%

61

555

14

14%

725

17%

18

385

a46 a46%

50

49%

al0% al0%

427
50

High

a38%
__

•

a36%

Jun

22%

July

Jan

72 %c

Fpb

3%

Jan

4

Jun

4%
5%

47% Mar

61

11% May
15%
37

18

Feb

11% July

241

11

July

14

35

Mar

4374

1874

455

13%

Jan

a38 74 a38%

-90

2874

Fpb

171% 174%

2,503

156%

851

5574

Jun

25

31% May

May
Anr

18% July
37% July

Jan

5774

a36% a36%

July

43% May
4974 July

43% Mar
9%

Feb
Jah

July

14% July

Apr
Jan

225

5774

\

19%
43c

11

18

100-7
25

Low

155

6774c

49%

Range Since Jan. 1

High
a25

11

•

(Un)

Shares

a24%

a54 a5774

class B_«*.

Ref

&

__

%

(Un)

Tobacco

22 5%

70c

1274

Chemical

Radiator

__

1-^-7 1474

Thea

American & Foreign Power
American Motors Corp
&

^

•

(Un)

American Cyanamid Co

Potash

,

1__

(Un)__

American Airlines Inc
American

>

1 .T.

Pictures

of Prices

•*

for Week

Low

1

j

Sales

Range

Sale Price

Corp

Exchange

Week's

Last

Par

18

16% Mar

Friday

.

STOCKS

American

Feb

■

Los Angeles Stock

Admiral

--I

-

v.

141/8 July

63%

•>

Ami

5%Julfi

6% Mar

Feb

67%

56%

7%

-

ly-„

—_

Jun

85

57%

2% July

•»:.

80 54 July

37%

34%

500

1<%

Products

Jun

•

•

3% May
3% Jun

1,868

$

45% Mar
48 V4

•

*

3%

2854 July

:

2,718

Feb
Jan

28% July

Jan

Jan

3%

_10

—

Welding

Metal

Allis-Chalmers

•

1,215

—„&■:

Davis

Peninsular

Allied

25

5%

3

26% Juljr

2'A July

235/8

2%

Motor Car

161/4 July

15 %

4%

23%

230

561

3%

26% July
3754 July

15%

2%

28%

Juh

July
July

103/4

-

May

79%

10

Electric

60

9

2%

Preferred

National

22%

16%

1,178

26

28%

24

3%

__V

—

Corporation

52% July
13% Feb

16%

225

28%

2'A May
8
July

2,181

2%

5

10

50
33 %c

V

874
26%

79%

1

__i

Products

35

3

825

8

14

2%

2%
;

Wheel

16%

70

3

1

79%

;

2
aOU//

S)

Screw

Motor

26%

14%

3
26

>

1\

15%

223/s

2%

100

-rl-f

Drug

26%

14%

325/8

1% Mar

•

Motors-

King Seeley
Kingston Products

47

22%

28% Jan

714

28%

5£;

Bearing

Electric

65

*

7,022

2 %

—__5-: ./y 374
—

Manufacturing

Howell

60

_1

Feb

14

common

&

85%

195

85/8

July

674 Mai-

325/8

5%

Manufacturing

Ball

57%

193/4

Jan

1/!

Paige

85

19%

10

6

28%

_i_.

Brewing

Graham

6%

174

__1-

Motors

60

5

Jan

1,186

39

14

874

-

Industries

85%

83

8%

695

323/8

„

5

Brewing s.—£

Manufacturing.

General

6

__

Trailer

32% July

21%

78%

2,080

10

32s/8

10 V

•

60 %

5

Jan

26% July
4 7 74 July

__

—_1

Jun

43%

25

2074 May
65% July

235/8 Mar

Jun

37

31%

Juifc
135/8 Apt

2%

Products

44% July

1433/4

44%

3

5

Corp

Steel

Federal

River

36

*

Pennsylvania RR
Pepsi-Cola

Phillips

83/e May
50 3/4

5% Mar

26%

1

Distillers

Amer

45

Jan

Apr

35%

.

Co

Ward

Dairy

50

72%

14 3/b

26%

137%

•
;

,

Cash

10

65 3/b

"50% July

36

*

Corp

Montgomery

—1

10

72%

5

•

& Tel

Copper

Loew's

Radio

Jan

Jun

July

175% July

5

Liggett & Myers Tobacco Co

Pure

55

113/4

July

18% July

5

International Tel

New

Jan

Jan

34

5

Greyhound Corp

Pan

50

Mar

13%
155%

180

10

(new)

General Motors

National

44

59

232

280

5

Auto-lite

National

14s/8 July

1,130

5

-—-—

General Electric

National

113/4 May

12%

7

Chemical

Mead

46% July

58%

_•
Elec

Curtiss-Wright

The

Jan

50%

1
Gas

Col

Kennecott

38%

12%

10

:

Columbia

Eastman

50
♦

9%

6

20

Goebel

Jan

57%

28
25

Clopay

Electric

18%

Navigation

Edison

Gray Iron
Detroit-Michigan Stove-—

Jun

Mar

48%

—

—

Cities Service

Pont

50

1'>'

Gerity-Michigan Corp

Feb

12%

*

Chesapeake & Ohio

Dow

50

170% 175%

10

13

-

Mar

50%

13

Bethlehem Steel

du

135

•

1

—

Jan

30

58%

3

Baldwin-Lima-Hamilton

S

14%

-

Detroit

Gar

59

1

Manufacturing

&

14

13

__

5

common

Motors

Cleveland

&

Detroit
t

Apr

47 % May

10

Oil

Canadian

46

39%

*

Bros

Freuhauf

27% May
11% Mart

25

Steel

Armco

50

175 %

46%

18%

14%

5

Telephone & Telegraph—100

American Tobacco Co

Ashland

45%

Feb

56%

Masco
*

-

39%

15%

*

Jan

Jan

11%

Jan

Stocks-

Stores

8

16%

150

Kresge Co
Unlisted
Allied

1874 July

313/4 July

972

Detroit

77%

10

,

Co

485

Apr

1,94$

Gemmer

Foundation

395/a

Jan

6%

20%

Detroit

70

.

39%

15%

27% Apr

63%

Apr

23%

77

_

290

20%

1033/4 Mar

4%

15

525

6374

Detroit

Jan

Apr

77%

15

845

7%

20'A

Davidson

223/4 Mar

70

_•

1874
313/4

7

31%

63%

Continental

32% July

50

Stockyards

17%

7%
'.__

4'A July

Jan

25

Consumers

Apr

70

4%

1874

1

3

14% Mar

21 %

101%

22%
100

High
23%

12%

Cincinnati Transit

^Cincinnati Union

100

47

8.50

________10

Machine

319

14%

22%
21

100

—

Low

22%

31%

Range Since Jan. 1

High

22%
14%

:

Cincinnati Gas Electric common
Preferred

Low

22%

.—._———8

_________—

Burger

20
_1

________—

2

___5 >

;

|

43/8 Mar

Consolidated Paper

for Week

Shares

Products

Markets

Roller Bearing

High

2% Jun

Briggs Manufacturing
Budd
Company
Burroughs Corp
Chrysler Corp

Sales

Range
of Prices

Sale Price

Bower

Exchange

Range Since Jan. 1

High

Allen
Altes

Cincinnati Stock

■>

'

Range

Sale Price

Mar

75%

Exchange

Friday
STOCKS

17474 July
1

65

Jah,

37

Jan

.

(379)

The Commercial and Financial Chronicle

Number 5345

Volume 180

M

OUT-OF-TOWN MARKETS
FOR

RANGE

Week's

Sales

Last
v

Range

Shares

Sale Price

Par

(III)

Co

&

Armour

a40
503/s

Manufacturing

Avcd

(Un)

Corp

Ohio

<&

Barker Bros

Basin

Oil

(Un)_:

Co——

;i

Aviation' (Un)

Bendix

Steel

Blue

Diamond
Oil

Bolsa

Chica

Bond

Stores

Borden

(Un

Budd

preferred
pfd

60c

-50c

.

Burlington

Mills

CoJ.1

Packing

California

Natural

Canso

Gas

Canadian

Atlantic

Homeste'ad

Certain-teed'
Chance

Products

'

Gas

(Un)

Commonwealth

Consolidated

N Y (Un)__—*

Continental

Oil

Curtis

(Un)—_—_5
5

(Del)

(Un)

(Un)__

A

&

Mines

Co

Douglas
Dow

1

—

Industries

duPont

(E I)

Radio

Emerson

Railroad

Phono

a60%

—

1.15
37Q

Fedders-Quigan Corp (Un)
1 ■>
Stores class A——1
Food

GarTe^f
General

1
9

.;

.

.

.

i

Dynamics Corp
Co (Un)__—

General

Corp

"
5
20

preferred '
:—.1
Public Utilities (Un)—f.-*
Telephone (Un)_l

2nd

General

General

Products

Gladden

Goodrich

Tire

Northern

Great

Gulf

Oil

»

(Un)

Corp

—1<

:

(Un)

25

^

Pacific

Lighting

Jun

% July

class

Co

10%

Pepsi-Cola

___

49

13%
57%

Pure

Jan

Oil

20% July

Jan

Feb '

40 Va

Feb

Feb

66

Feb

Jun

a—

—

10

Jan

July

Aviation (Un)
Republic Pictures (Un)
Republic Steel
(Un)

48 % July

Rexall

a__

—

12

Jan

July

Jan

27(4 July

Jun

26% Mar

11% July
29% Jun

15%

Hotels

Corp

Holly Development
Hunt

Foods

5
L

—

—

15%

Reynolds (R J) Tob (Un) class B
Rheem
Manufacturing Co
Rice Ranch Oil Co

July
7% Mar

Ju.y

34

Jan

40%

20%

Jan

30% July

Jun

Jan

136% July

22%

Jan

47(4

Jan

26(4 July
60% July

3r

T"n

108

'

9% May
9%

Jun

16%

Apr

75c

Jan,

Spring

41%

Jun

10% July

12% July
18% Feb
1.50 Mar

Seaboard

Sinclair

OH

Jan

20(4 May

Southern

5%

Jan

May

7

Oil Co Inc
Co

Jun

Aircraft
Calif

preferred
4.48% preferred
4.88%
preferred
6% class A pfd

23% May

Jan

33

May

Southern

May

54

July

Southern

ComDany

38(4 May

48

Jun

Southern

57%

Southern

Railwav

Standard

59%

Jan

72% July
80% July

9(4

Apr

10% July

Calif

Corporation

Sperry

Standard

a__

Oil

—
—

—

12%

12%

12%

,

2.45

Apr

Standard Oil

Apr
Feb

Stone

25%
34%

Jan

Sunray. Oil

5%

Jan

Swift

91%

Apr

Sylvania

70

Jan

29

July

60c

2%

Feb

14

Mar

442

Jun
Jan

30%

Jun
Jun

a29(4

a29% a-29%

231-

23(4

a33%

a33% a33%

100

27% Mar

32%

a51% a53%

252

46(4

58% May

20%
25%

|l%
25%

2,280
1,390

26%
97%c

27
1.00

210
300

19%

195,'a

19%

578

13%

a53%
21%
25%
—

—

19%

20

Jan

25

May

90c

Jan

(Ohio)

Central

International

International
Oil

tntex

Oil

Paper Co

Tel

&

1

•
33 %c

Co

Co

10c

-

5 7c

Aluminum

Kaiser

Motors

Kansas

Power

(Un)

10

pfd

Light (Un)
(Un)

8%

Kennecott Copper
Kern

Land

County

„•
2.50

Co

1

Lane-Wells Co

Lion

Lockhppd

Co

(Un)

Aircraft

(P»

25%

<Uni

For footnotes

see page

24%

24%

Feb

27

Jun

27% July

May

1.15

Jan

Jan

20(4

Jun

43.




•

—

9%
„

—

,

July

1.20

Feb

Jan

32%

Jan

Feb

38%

Feb

57(4

Jan

72

Jun

14%

Jan

21% July

1,300

8(4 Mar

1,000

6c

21c

Jan

76
410
12
193
338

51%

9%

19%

620

1.15

5.400
15
1,914
570
457

37%
16
23%

32o

Jan

19%

Feb

Inc

Tidewater

July

Apr

34%

375*

**•/*

FeD

54 '/a

57%

Apr

47

a7%

36

4%

1,257

22%

Jan

1,062

8%

Feb

684

22

23(4

1,545

a6%
34%
34%

a6%
36%
34%

Apr

July
64% May

Feb

32% 34(4
12 13%
20% 20(4
37% 37%
5 V*
5%
a58% a61%

July

8

34% July
13% July

"

14%

Jan

20%. July

150

22%

Jan

37% July

1,100

3%

Apr

546

48 V*

Jan

5% July
60'A July

25%

15% May

Jun

7'A

Jan

34 % July

39%

Apr

26%

34% July

6% July

56

"975
666

Jan

Jan

70c- "May

80c

291

49

Jan

59% May

177

19% July

21% May

a25 a25'V8

141

15

190

72%c
80c
52% 52%
al9% a21.(4

4,300

Jun

24

Jan

•i.

38%

120

24% Mar

27% May

275

22 % Mar

29% July

16 %

1,908

15%

26%

11

128%

29

•

14% May

,

16 % July

17%

50

500

21%

common

724

Twentieth

710

58

Oil

Union

Pacific

30

7%

Jun

9V8

Jan

120

6

Jan

10 %

July

23%

24%

488

20%

Jan.

28%

Ap*

40

41%

1,276

34%

Jan

a39%

10(4

41%
a42%
a20(4"

.

,

—

17 Ye May

44%

1,026

38%

Jan

26%

26%

245

25%

Jan

27

May

38

429

??%

Jan

38.,,

a27% a27%

25

July
Apr

.,37%

35%

383

10

10%

2,750

18

821

43%

18'A
44 %

1,153

57%

57%

6)5

63% a63V2

65

35%

62

RR

28 %

32%

35 Va July

Aircraft Corp

Corp

United

Gas

U

S

Rubber

United

(Del)

Jun

Apr

28 Va

Jan

34

62

Jan

64% May

65

177%

July

670

78%

Feb

35%

Jan

250

--

al8 al8%

510

14% May

18%

187/b

370

16%

22% Jan

20%

Apr

180

43 V»

Feb

47% July

317

32

Jan

40

292

58% Jan

72% May

89% Jan'

89%

al7% al7%

50

July

•

7%

Apr

18% July
13%

Jan

25% Feb

Jan

11% July
23%

Apr

17 Va July

34%

Jun

34%

675

7%

7%

934

5%

Apr

a22

65

22

2,233

Jan
Apr

22 Va

20%

15%
18%

83%

83%

402

72%

Jan

83% July

Jan-

50% May

33%

21%

1
25

45%
•

al36

a61(4

8

Jun

July

22% Mar

4,263

38%

al35%al37%

125

112%

25%

525

21% May

25% July

a60% a64%

162

48%

60% May

44

25

10

5

r

a21%

7%

•

__50

May

27% May

a47% a48 %

18%
al7%

1

(Un);

Jan

May

42

a37% a39 %

18%

45%

Jan
Jan

5% July

118

Jan

5% July

1
10

Consolidated

5%

5%

100

30

30

210

28

Jan

30% May

5

(Un)

Co

89

a65 a69%

__

a37(4

10

36%

36%

235

30

Jan

36% July
55

July

•

Oil-

54%

52 %

55

1,987

39%

10

States Steel Corp

Universal

81% May

*

22% Jan

Film.4

Mar

57% July

43% Jan

691

(Un)
(Un)

Corp

18% July

40% Jan

52%

190

(Un)

14% Mar

46

Jan

38%

173

350

(Un)

United

Jan
Jan

h

15% Jan

a25% a26%

18%

44% July

1,636

60 %

a99

(Un)

Lines

.

26% Jan

a25%

1

21 %

a34% a36 Va

11%

(Un)

c

60%

a

1

Carbon

Apr
July

35% Jan

85

26%

a27%

__5

Corp com
&

Jun

45%

624

11%

Co

.44%

a43

al9% a20%
44%

1

2

Air

United

66% July

Mar

66%

a97%

Co of Calif common

Union

Feb
Jun

July

10%

i.-—50e

(Un)

Century-Fox

Carbide

Union

lis.
29

24% Jan

25
.•

Corp

Trl-Contlnental

Jun

July

1

a8%

(Un)_—-7.50

Airlines
Products

Sweet

46% July

a29% a30%

1

(Un)

(Un)

Oil

Assoc

Transamerlca

Jan

•

(Un)

common——

World

Trans

Pictures

Universal

de

Co

(Un)—

Kamp's
Com

Bakers
of

America

Kentucky Coal Co
Air

Union

Jan

84% July

Western

48% May

(Un)

(Un)

62

57%

62

819

55%

Jun

67%

19

Jan

22% May

13%

a23% a23%

1

Westinghouse

Apr

Telegraph

Apr

May
Jan

Woolworth

70c

Feb

Feb

40% May

26%

Jan

37% July

13%

Jan

16% July

Zenda

21%

Jun

25%

Zenith

Jan

York

(F

W)

Gold

Radio

Mining

Corp

Co

(Un)

Jan

15

May

60

46% Mar

59

July*

12

14% May

17

jan

10%

10%

100
435

Jan

10% July

36 % May

45% July

8%

45%

45%

69%

69%

380

10c

17c

20c

3,300

4

9

9

325

8%

386

40%

Apr

23% Mar

10

45%

1—10

43%

43%

1
4

24%

24%

50%

55%

250
900

5c

6c

12,000

(Un)
Youngstown Sheet & Tube (Un)
Corp

355

al4

14

1.15 July

35%

Inc (Un)
(Un)

14

a62% a65%

19%

(Un)

'TTn>

Ei*r

10

al4

a65%

1

Williston Basin Oil Exploration
Wilson & Company

4
4
4

Lines

Western

Jan

9%

9

34%

207

(Un)

Gulf SulDhur

Textron

Vanadium

Jan

Apr

66 % May

July

9

50

65%

25

Texas

40

8%

40% July
34 Va May

Jan

Jan

1

West

2%

27

Feb

56%

1

50

a37 a38 %

Prod

Company

Apr

Jun

Jan

Feb

Feb

36%

28%

31%

.

189

240

—

(Un)

Electric

66%

20

133'

-

-

10

Corporation

Co

&

Texas

Van

18%

Jun

10%

25% July

Apr

1.10

36(4

Apr

20%

2

76"
^

Jan

51%

25%

a37% a37%

July

2,135

25%

22%

85c

37%

8%

a84% a85(4*
a42(4 a43%

—

28%

..16c
25%

16
—

120
29
1,820

a—

a—

10 Va

a21%a2j%

—

a84%
a43%

1.10

10

21%

a57% a5g(4
2
>
2

•
Co

16c

—

1

Loew's Inc__
Lorillard

3V*

8%

•

Corp

300
799

20%

7

Petroleum

Oil

J)5c

85c

a43(4

10c

Libby, McNeill & Llbby (Un)
Lincoln

26

,,31% 31%
a43a43(4
a76% a76%

—

—50
1

Corp
&

—•.

85c
.

7%

(Un)

(Un)

Jones & Laughlln Steel

Kaiser

•....

(Un)

a50% a50%

__

10c

Harvester

Nickel

International

Jade

—

Petroleum

Intercoast

Int'l Tel

(Un)

RR

Jun

30% July

a84 a87%

Inc

United

Illinois

July

203

53(4 53%
a54% a55%
a7%

Jun

14

33

July

31% July

11%

Jan

4%

Jan
Jan

16% Mar'

a75% a77%

Studebaker Corporation

Feb
Jun

July

10*
21%

18 %

a87(4

(N J)

Webster

&

Julv

1%

3'

37% Mar

83%

a77(4

5,925

55 %

Jttn

Jan

15

2.25

25

July

30%

Jan

25

Co

400
635

131

Mar

(Un)
(Un)

Calif

(Indiana)

Oil

256

Jan

16

(Un)_—-

of

Co

Oil

Standard

a97% a98%
69% 69%
-1% .'i 1%
31% 31%

__

Mar

115%

,

14

a36%

Standard

July

12

80

•
*

July

4

July

Jun

a8 %

1

(Un)

33

40c

-Mar

7

296

•

(Un)

Inc

Brands

36% May

83%

74
38

-

250

,

5

(Un)

Jan

5,825

28% Mar
•

-

Feb

,

2

(Un)

Apr

4

-

_25

Petroleum

28%

Jan

-33%

35

.

-

25
_25
25

Pacific

Jan

a86 a87%
16(4 16(4
14% 15(4
31% 31%
•*. a40 a40%
a36% ^37(4
59(4 59(4
a 9 (4
a9%
a37% a37%

Jan

525
>

44% July
36 % Mar *

Jun

250

•

Jan

19%

34-fa

60 % May

3,515

3' 3%
14
14
a32% a32%

com__25

—

34

•

-

;

-

24%

39%

.

Jan

Jan '

27%

2,239

.

;

al8% al8%

5
•
_15

(Un)

Ltd

Edison Co

4.327a

20

192
5,200;

28%

0

Mar

July^
33% July

20c

Corp.

Socony-Vacuum

46% July

140

11

•

-

-

a__

22%

28%

Signal Oil & Gas class A

13%

Anr

Jan

-

1

Servomecnanisms Inc

Solar

370

1

(Un)

Inc

14% July

2.15

64

41% Apr -

39%

85

a27% a27%

.

26%

a30(4
16(4

—

Sears Roebuck & Company
Servel

Jun

—

,

3% Apr

Feb

•

670"

a87
- 36
7(4

34% July;

Jan

8

396 "Z

-

60%4 Feb

'

62%

601

•

1

Jan

38%

90

_•

Co

Finance

100
375

al7

84 *

160

Mar

40% July
25
July

Apr!

3%

May

6 "

;

Jun

;iV<
.

July

3

Jan

54%

601"

8,370

65

—

*
10
1.40
—__50c

(Un)
San Diego Gas & Electric
Schenley Industries (Un)
Scurry Rainbow Oil Ltd—;
Co

Paper

Regis

Feb

Feb

—

a21(4

,—5

Francisco Ry

San

Louis

St

14

47

300"
,

8

Jan

20%

? v"

'

July

a44J4 a45%

—

5

(Un)

Safeway Stores Incorporated
St

350

38' " " Jan

—

1

Axle

&

Aeronautical Co—

Ryan

—

-•

Corp

20%

.

Apr

35

Jan

90

59% May

Oil

Rockwell

36%

1
1

Jan

2.60

100

131

23

2%
10

Inc

Drug

—

1

Gas

&

1,244

4

_6%

Inc

Oil

Richfield

Jan

(Un)

Republic

71% May

a

America

of

Corp

—

a7%
*
34(4
5
13%
-50c
—
1
—
50c
—
——a61%

Raytheon Mfg Co (Un)_
Remington Rand Inc (Un)

Radio

—

1

(Un)

Theatres

RKO

May
45% July

33
35%

22%

40c

25

Preferred
Hilton

(Un)

Co

12c

Jan

J

—
—

•
*

Feb

9%

•
1

common

4

35(4

26%

—

Sound Pulp & Timber
Pullman Incorporated (Un)

Reserve

8

l_

Puget

57%

.

Car

—

3

Pliillips Petroleum
Steel

—

12.50

:

43% July

a__

8(4

Dodge Corp (Un)Corporation (Un)

Pressed

a86'
14%

18

Jan

39%

Philco

July

a32%

18% May
14% Jun

May

41

Phelps

Jan

a—

16 V* July
10c

Jun

6%

i--"
—

33V3c

(Un)—

Co

(Chas)

Feb

1%

1,618*

,

35%
28%

3(4"

33%c

(Uh)__—

Co

6%

Jan

32 % July
<•

,

35%
28%
''*• a65
36,
35(4
127

40% July
20%
-

Jan

:

300

.

1

25%

1,190

--

•
50

i

Pfizer

65% July

Jan

37%

Jun

102

15% Mar
12%

(J C) Co (Un)

Penney

'

600

33%

7%" -7(4

Jan

17 ' May

500"

-

44%

~

•

^

32

872"

•

33(4

»

Jun

67 Va July '

■21,"Jan

525

11

—'

——1

(Un)
Pictures (Un)-

Jun

Jan

60 *

183"

44%

—

23 V

56%-Jaii

- 485" '

32
35

11

43% May -

>

.

a—

;
"

—

L4

(Un)l.

.

World

American

Pan

.wt

Car

Motor

Packard

Paramount

38(4

Jan

* ■ ^_

-

100

com

al7
33
34

a36% a37%
40c 4, 44c

—

1.

A

Tel

Tel, &

Pennsylvania Railroad (Un)

Jun

—

Feb

20

317 *

.

.2%

.

38%

60'

A

r

8 v 8
. 2%
3(4 ' 3%
37% 40%
.
25
25
a53% a54%

.

—

1

Petroleums

Pacific

Tree

Oil

Hancock

common

18% July

Feb

8

,

>

25
10
——•

36% May

Jan

-

25

—

red

Pacific

2.20

—

3

(Un)

Ohio

&

1,442
10

-

2.20

(Un)—*

(Un)

Grumman-Aircraft

Mobile

com

new

80% 80%
alO% al0%

54
44%

44

33
35

1

Chemical

&

RR

Greyhound Corp
Gulf,

(Un);

Rubber com

Ac

Oil

Lakes

a73% a78('2

315"
174
930
1.316
160

—
%

5 "
10
4

:

Co

F)

(B

Goodyear
Great

i-

pfd

a24% a25%
a33V8 a34'/8

—

*
50c

Good Humor Co of Calif common
Prior

335

—

10*

(Un)

Co

Glldden

46(4

—

1

Co—

McBcaii & Co

Gladding,

46

—

——4

com

180

533s

o

(Un)
—-—•
Corp
common-.—.—5

Motors

Paint

6(/8

a25Va
a35%

General Foods Corp

General

50
495

6%

3 "

Electric

General

/ 60
6,500
23

Apr

53%
22

a

a__

205
210
150 135 v

—

(Un)—_10 '

(Un)_

Inc

Co

Corp

--

I;.

preferred
1st pfd
Indemnity Co

6%

5%

common

Apr

5%

-

;—

.

—

—_-10
25

Corp—
Elec

&

17

Feb
Apr
Jan

56%

246
140

--

1

—

Chemical

&

Machinery

GaiK (Robert)

—^

al4% al4%
20 20%

—

Fitziiihmons

Flying jTiger Line_

10% 10%
al2% al2%
al7% al7%
1.10
1.15
; - 370 • 370

—

1
Bank__^__<—100

-

a40% a41%

__

al7%

*.

(Un)

Merchants

&

Farmers

—

&

Co

Co

Oil

Exeter

10

Products

Gas

Pacific Western Oil

80

206
158
.

Finance

Pacific

10%

1,692
600

al34%al38(4
a25%^ a26%
a60V2 a61%

--

—3
4
(Un)—
5

(Un)

Gas

Natural

Paso

Electrical

Erie

.-.-1

(Un)

Inc

Kodak Co

Eastman
El

(Un)

de Nemours
Lines

Air

Pacific

Pacific

12%

—*

10

Products—-

34

50

90
5%

88
5

—

Clay

59(4 Mar";

a__

1,291
200
50

5%

a41%
50c
a29%
8 al37%
—5

Dresser

Eastern

__

Pacific

28%

14% July

1,423

a41% a43%
a29% a20%

__

——*
——1

Chemical

25

(Un)—

Jan

Jun

Feb

23% May

Feb

120

.

(Un)„,—

Co

Jan'

222

10% 11(4
a28% a29%
al5% al5%

11(4
;

48%

a8% a8V8
11(4
12
a27% a27%

—

-

Ltd

20 20%
a47(4 a47%
a72% a73%
a7% a8(4
9%
10
a61% a63%
48%

__

Aircraft Co—
Oil Co of Calif

Douglas

—

48 V*

—1

(Un)_

50c
10
(Uni—4

(Un)

Deere

'

In'c

Records

Decca

Dome

—

10

—1

Curtiss-Wright Corp com
Class

—

.—,—.—.———1

(Un)

Co

Pub

(Un)„

Co

Zellerbach

—
—

(Uni„__2
1

Steel

&

Copper

Continental
Crown

50c

J

43%
12c
12c
a45% a46%

—

2% Mar

Apr

7 49
16%

165
50
375
2,000
160
1,250
49
78
104
1,550
70

43%

—

—20

(Un)-

Continental Motors

1

—*

(Un)

Co

__

43%

25

Engineering

Power

'

al4(4
al8(4 al8(4

a__

29 Va

21%

230

,

,

—1 ■!'■;34(4 34%'
——-1
3(4"
3%
3%
12 r '
a43 a43%
4 '
—
a58% a6l%

i

;

Co

Co

Oil

22%

1,274

a 14

28% July

Jan

Oil

Edison

ou

331

—

mln g_l

of

23% July

6% Mar

1,613
280
10

17%' 177A

14% July

Jan

21%

27% May

Yg - «

Jun

Jan

1%

200

5V2
a50 a52%
a26(/2 a26%

al4(4

——4

(Un)
Savage

Continental Can Co

a96

5%

\

&

Edison

Consolidated

Consumers

(Un%

Edison

Gould

Chollar

Cons

63%

a91

_-

•

(Un)

System

63%

5%
a52%

^_1
__4

Solvents

Commercial

—

'

11

*

222
515
58

a96

10

,

al0% al0V2

Jun

Ohio

a

22(4

270
,

Ohio

Aircraft.

Oceanic

Jun

9(4

Jan

a__

1^0

-

Apr

9%

16%

363

18%

Mar

July

Norrfe

13(4
,

Jan

10

,V 33

a26% a27%
35(4 35%

__

—1

Colorado Fuel & Iron
Columbia

18%

18%

Mar

8%

351

a26%
35%

h

8%

280

-

—1

(Un)—

Inc.

7

500
25

21% ' 21%

13%

11% Mar?

" 80
62

a60% a60%

.

MpltlDller
Climax
Molybdenum
Foods

Northrop

—

Clary

Clinton

13

a59
14%

(Un)

(Un'l

Service

60

5(4 May
Apr';

Jan;

Jan"

18

Apr
Jan

70

a44
19%

32
34%

-7

bil

83% July

26%

w~--1

—1

Idria

New

a43%
19%

—

19(4'

__*._10
'
—1..
Mining & Chemlcala-—-50c

Jan

a56%
14%

-25
Chicago Milw & St Paul RR com (Un)_°
Chrysler Corp
:
25
Cities

'

*

(Un)——
National Theatres (Un) —

Jan

"50

\

a67%

Supply

Jan

3%

4% July

81

a36% a36 V8
a66% a67%

r

"i

_1

(Un^——

GypSum

National

9%

a56%
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Aircraft

Chesapeake &■ Ohio Ry Co

.-10% July
51% July

National

1

75%

4 26%

__

July

59%

.125

(Un)—'

Vought

-

July

Feb

2.20

a20% a20%

—

Co

52

—*

(J I) Co (Uu)_
—
Caterpillar Tractor (Un)__

Jan

13%

6,746
94
165
"
960"
135
tl
945

Jan
Jan

a42% a'43%

a42%

5

Utilities (,Un)

(Un)_r_;
r——? •
Montgomery Ward & Co Inc (Un)__:—*
Motorola Inc
(Un);
;
;
3
Natidnal Distillers (Un)
^—.—5

71% July
11% Feb •'
I9d

Klver Fuel

Power

Montana

' "40

.

-

—__10
J.2-V2
__10

Co (Un)_L

(Un;__——

Corp

31i
a2'

/

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May^

2%
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---

Co—______—1
North Amer Aviation InC (Un)—^1North American Co (Un)
10 Northern Pacific RR (Un)-.*
100

3{J
a2
26%

,*

l_*

Jun

40% May

160

al-4

a28% a29%
al% :al%

3]£

—2

Oils————10c

Case

Celanese

a29%

,

39

375

al8% al8%
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&. Light

Montana-Dakota

1''; 'Jan

..

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Jan

July

; 82

Jan

10

1,665
1,642""

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Oil————

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Carrier" Cctf*p

.

__

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%

Feb

22% July"

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67

50 %

503~:
977
33,575"

k

50

1.90

1.90

—

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113

3,100

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12%

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500

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Company

V

l
* l
a70% a74V2
vll Va 11%
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(Un)_

26% July
47 V* May

Jan

4%

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—

High
17% Mar

17%

60

t,

Jan

'13

jnn

1

14%' Jan

150

.

___1

Borg-Warnef Corp'(Un)—'
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V

T7c
10%
10%
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3%

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.

<Un)___—_

Jun

a

1

Utilities

South

Middle

—

—1
16%c
—4

—

(Un)—

Merck & Co Inc

Apr

-—

«

Low

17% Mar

125

a26% a26% "
46(4"*- 47%*
a41% a42%

—

—1

-—i—

Petroleum

Merchants

July

3.50

July

II'/8

'320'-;

'

*

2.55

1,733

22(4

5%

1
—5

(Un)_

Rafige Since Jan. 1

High

a20 a20%

—

(Un)j.-_—i,—_18

Roobins

&

Shares

Low

1

Co

Mfg Cb-Js.

for Week

25% July

Jan

4,900

.

13

Menasco

July

10

8% May
19

95

McKesson

35% May

Jan

4% Mar

328"

.

117

Jan1'

Par

Chemical

Mathieson

Apr

Lt

(Glenn

Martin

Feb

14(4

27%

~

,';a80% a80(4

__

'

^__5

Com-—

Inc

660

9%

22(4

10%

Jan

95%

4,186

3

12

9%

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11%

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Airplane

2.55

„

Apr

8%
12

227

5%

.

a25 a25%

22(4

-

50% July

'

33(4

13

_5

Jan

,

U7

32(4

__

*

1

:

(Urr)_

Corp

Bishop Oil Co_—_;
Black Mammoth Mining
Boeing

117

—

^

34

20

Range
of Prices

Last

(Un)—

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Magnavox

July

Sales

Week's

Friday

.

,

40

256"

a9% al0%
1

50c
—__4
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__

10
I

-

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Jan

1,203

5

*

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Instruments

Benguet

50%

__

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common

Co

Beckman

48%

al2%

—100

i

Sale Price

30%

371

13

RR

Petroleum

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a40

3

.

,

Baldwin-Lima-Hamilton
Baltimore

23

-

STOCKS

Low

a38%

d

(Un)___

Rexming
(Un)
L_1
Atchison Topeka & Santa Fe (Un)__50
Atlantic Refining
(Un)
lo
Oil

Ashland

—.j

Range Since Jan. 1

High

a9%

10

(Un)

Steel

4rmco

Low

Copper Mining Co (Un)—50

Anaconda

.

for Week

of Prices

JULY

WEEK ENDED
.

Friday
STOCKS

j4

35

55%

lu**

—4

a71%

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100

50%

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Jun

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Apr

Jun

9

Jan

40
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Jan
Mar

Jan

45%

Jun

Jan

25% Mir

55% July
tic

69

Jaa

July

.

36

(380)

OUT-OF-TOWN MARKETS
RANGE

FOR

WEEK ENDED

JULY

23

Friday

Midwest Stock Exchange

Week's

Last

STOCKS

Sales

Range

Sale Price

for Week

of Prices

Shares

Range Since Jan. 1

"

Friday

Week's

Sales

Last

Range

for Week

of Prices

Shares

STOCKS

Sale Price
For

Abbott

Co

Allied

American Airlines

American

Can

(Un)

American
American

Rad & Stand San

Apr

Jan

22%

Apr

15 %

International

Apr

26

25%

__

32%

32%

32%

59%
13%
45%'

61

14%

2,600

45%

200

36%

49%

50%

300

43% Mar

Foundry

(,

(American

Tel

—

49%

500

/

7% May

650

9

9%
6%

25% July

7% Mar
4%

100

10

Feb

-American
Amurex

Tobacco

Jan

32% July

Jan

61

.

Oil

&

11 % May

July

14%

Feb

Illinois

Iowa

Power

Jun

Atlantic Refining Co___

23%

Jan

27

July

Kaiser

21%

Feb

28

July

Kansas

11

11%

1,100

18
18%
171% 175

3,200

13%

Jan

3,300

156%

Feb

11
18%
58%

Automatic

Washer

Avco

Corp

Mfg

Co

Belden

Inc

Fisheries

(George W)
Borg-Warner Corp

C

Canadian

Corp

Jun

4% Jan

Jan

5% Mar

(Uni

10%

2,400

52
1%

52%

150

1%

24%

24%

25

550

21

Jan

25

82

82

100

61

Jan

82

10

Secur

70%

74%

18%

18%

4%%
Coleman

Consumers

pfd

Crane Co

common....

300

75%

Jan

85%

Jun

15o

50

Apr

54%

Feb

2%

1,200

76.

100

1% May
60% Jan

14%

150

13%

2% Jan
76

Jun

14% July

July

11%

Feb

13%

10%

Jan

15% July

20%

20%

__

20

450

20

Co

Apr

20% July

11%

Jan

20

2%

700

26%

26%

800

21%

ft

100

%

•

22
2

Apr

21%
2

1%

2

22%
2

150

23%

24

8%

7%

24

23%

Alum

11

10

2% Mar

19%

24

Jan
Jan
Jan

29 %

Jan

33% Mar

36%

Feb

19

Jan

27% May

60%

Jan

Jun

12%

72%

200

10%

8% July

72% July

600

10

July

12

Mar

140

124

Mar

118%

Jan

124

July

66

Jun

1,300

56%

Feb

95%

200

81%

Jan

20%

3,000

17%

78%

500

72%

500

24%

105% May

Jan

27%

Feb

24%

43%

43%
r43

Feb

66

19%

25

450

14%

24% Jun

2,000

44'/a

4,500

r43

12%

20%

Jan.

Jun

79% Mar
Janr

29

28

.

" Mar

14% July

Jan

37

Jan

44% July

37%

100

Jan

41%

47% July

Jun

47%

47%

47%

900

38%

Jan

62

60%

62

300

48%

Jun-

62

July

9%

10

2,200

7%

Jan

10

July

33%

33%

34

500

29%

Jan*

35% Apr

5%

5%

40

5%

Apr

lift

11%

12%

4,200

7%

Jan

9%

10

10

Du Mont Lab Inc
Du Pont

Corp_—_

6%

Jan

12 ft July

28%

5

(Alan B)class A

(E I); de Nemours

41%

10c

(Uni__

Jan

30% May

7%

Jan

13%

32%

100

28%

Jan

32% July

14%

600

10% Jan

34 % May

76%

76%

56%

33%

Jan

43"% July

9% Jan

12% July

41%

138

42%

900

12%

350

Oil

Air Lines

Eastman

136% 138

Jun

Eddy

Kodak

Paper

Electric

Co

104%

27%

26%

27%

800

22%

Jan

27% July

10

(Un)

Corp

60%

60%

60%

300

46%

Jan

61%

127%

•

Controller

&

Mfg

Emerson Radio & Phono (Un)
Falstaff Brewing Corp —
Flour Mills of America Inc

Four-Wheel

Drive

175

175

5

43

42

43

700

__

5

-

5

Jan

34%

(Un)

21% July

12%

12%

1,500

10%

Jan

123/4 July

34%

34%

600

29%

Jan

34% July

27

27

100

25

"

Jan

28

Apr

24%

25%

20y4

Jan

42

May

40
July
38% July

25%

1

37%

37%

20

26 3%

Jan

—•

38

38%

500

32%

Jan

8.75

22

22

300

18%

Jan

15

15

15%

85%

85

85%

—1
•
i—J_.
11
33 %o

"»%

Martin

.

Field

Medusa

Middle
Miller

General

Inc

12% July

12%

200

15%

151/3

900

15%

Apr

I6V4 Jan

8%

8%

800

5%

Jan

8% July

3

7%

American Transportation__2.50

Oeneral Box

General

Corp.,.

Candy

1

Corp

9% May

Jan

12

9% May

5

General

5

Package Coup
Telephone Corp

General

Gibson
t

com

r

«

Gillette

(The)

Glidden

Co

>

4,400

11

50

79

120

80%

2,400

Inc

'

Chemical

Monroe

Co

30%

National

&

Mfg

Central

American

Car

North American Co

(Un)_.

Illinois
Pacific

Ry

States

Northwest
Oak

Edison
Oil

(Minn)

Power

Packard

Motor

Car

Parker

Pen

Co

Penn

Controls

Pennsylvania

B—

class

A

13

2%

Pulman

Pure

Oil

42%

43%

38

May

48 %

Jun

11 % July

9% Jan
57% Feb

79

59

Jan

80% July

Jul7

Rand

18%

Jan

26% May

1,200

Grlesedieck

Western

Gulf

Oil

1

Brewery

Organ

Co

Corp

Helleman .(G)

Brewing Co

Hein

Werner

19%

19%

'300

12%

12%

12%

1,300

3

Corp

(Waltpr El

__

11

11

53%

52%

53%

2,400

1

Harnischfeger

Heller

iye

19%

__

25

Corp

Hallicrafters Co
Hammond

1%

•
3

4%

4Va

4%

4,100

1

27

10

—

A Co

Hibbard

Spencer Bartiett
Huttlg bash & Door common
For footnotes see page 43.




3
2

25
10

26%

24%
.

"

-

-

9%

21%
__

24%

27

22%

23

1

24

23%

24%

9%

/

300

350

2,750

11

9% May

2%

1% July

Feb

16

Jan

23% May

Jun

14

Jan

9% Jun

15

Jan

Jan

60

May

3% May

5

Feb

23

17%

.Tan

30% May
24

Jan

-

1,600

22% Jan

45% July

Feb

27

Jan

43/4 Jun

63/s Jan

17% Mar

21% July

21%

1,200

19%

320

16% May

51%

52%

800

38%

Feb

54% July

33%

200

28%

Jan

34

3%

3%

22%

22%

22%

900

37%

37%

40%

2,800

19%

19%

19%

600

24%

25 ft

500

20 %

3% Mar

200

18%

Jan
Jun

4% May

Jan

26

Feb

20

Jan

173/4

Jan

40% July
19% July
27% May

20

Jan

12

12

50

11%

Jan

54%

54%

50

53% July

633/4 Mar

15%

15%

15%

1,700

133/4

Jan

15% July

50

49%

50

2,000

40%

Jan

19%

18%

19%

1,750

16% Jan

12

Jan

50

July

43%

43 %

43 5/s

800

383/4

Jan

44

61%

58%

61%

450

54%

Jan

67% May

3

18

3%

11,700

13%

14 %

2,500

31%

3

13%

1

32%

250

July

93/8

% July

4%

Jan

Jun

14% July

27% Jan

33% Jun

13% Mar

203/4 Mar

■

18

18

17%

17%

200

3%

3%

1,800

12%

"5%

3

20% May

12%

16%
15

—100

15% May
2%

Mar

19

Apr

4% July

100

10% May

12% July
26

350

20 %

800

1,400

15
Apr
13% Jan

900

30% July

37%

1,100

31% Jan

41

Jan

Jun

18% Feb
16 % Mar

31%

•

41

37%

3

32%

39%

41

12.50

37%

100

28

Feb

37% July

59%

Feb

July

60%

400

54%

Jan.

67% May

7%

7%

200

7%

Jun

10'A

9

9

700

73/4 May

9%

8

60%

~9

8

3

8

8% Jan

41

2,300

36

-

Jan

40%

40%

54

53%

54%

285

41%

58%

55

58 ft

400

43%

32%

33

400

28% Jan

*

Jan
Jan

41

Jan

July

54%

Jan

Jun

64% May,

Feb

33% July

1

7%

7%

7%

100

34%

32%

34%

1,900

24

24

100

4%
22%
24

8

Jan

July

34% July

Jan

24%

Mar

13

%

Jan

12

13%

1,000

8"%

Jan

13% July

20%

800

14%

Jan

20 3/4

59%

61%

1,700

47%

Feb

6%

Jun

Jul?

Republic Steel Corp (Un)
Drug (Un)
Reynolds (R J) Tobacco class B

61%

6%

600

36%

35

36%

1,800

33% July

40% May

Rlchman

21%

21%

22

2,450

21% July

26'A

21 ft

19%

21%

1,400

19

22% jun-

55

55

Bros

Louis

6%

Co

National

Stockyards

•

"A"

12

Paper Co
Bangamo Electric Co

6%

61% July
7%

Jan

Jan
Jan

Sears

10

&

July

25 %. Apr

-

Vacuum

-

25%

25

233/4 May

Oil

Lathe

25%

Jan

19

19

120

15 ft

Apr

22%

Jan

15%

15%

153/4

150

14%

Jun

153/4 July

65%

65%

66

600

57% Mar

100

10

14%

Feb

46%

43%

47%

1,300

43% July

50

Apr

1

22V4

21%

22%

1,400

16%

22% July

1

common

10

•

41%

1

(Un)
Works

9%

15

5

Spiegel

10

40

41%

8%

9ft

43

39%

43

25%

24%

253/a

Inc

2

8tone

900

July
Jan

32% Jan

1,700

5%

Jan

2,500

35%

Jan

550

24

July

66% July

44% May

9% July
45%
28

Apr
-Jun
..

Container

21% July

3u

44-

Bunray

24 %

24%

700

21 y2

Jaa

dstrand

Oil

15%

«

I. "

500

36"%

1,000

Jan

18% July

Jan

45% Mar
9

July..

2

Jan;

Corp

Swift & Company

500

1

May

61%

500

53

Jan

64% May

78

700

68% Jan

83% Apr

87%

1,300

72% Jan

90

38%

600

32%

42

9%

800

78

75%

87%

84

37%

1

9%

«

5

20%

20%

21

1,100

l

11%-

11%

12

1,600

18

18%

_i

Tool

1%

10

:

(Un)

9

15

;

Machine

8%

25

Corp

Jan

44%

1,800

59%

9

•

(Un)

37

18%

1%

Studebaker Corp
Sunbeam Corp

8
Apr
19% May

18%
42%

18%

*

Standard OH N J (Up)
Standard Oil Co (Ohio)

200

Apr

(Un)

common

Standard Railway Equipment
Stewart-Warner Corn

300

Jan

3

Standard Oil of California
Standard Oil of Indiana

400

July

(Un)

Warrants

-9%.«

-

Co

Southern Pacific Co

44

25

..Jan

30% July

J

Southern

2l%

.

May

14

203/8 Mar

.

21%

10

57

12

1,700

*

Co

Co

Bend

July

-

2,600

30%

1

1.40

Co

Corp class B

Oil

51% May

12%

29%

25%

29%

7.50

Roebuck

Serrick

36

12%

5

Bchenley Industries (Un)
Schwitzer-Cummins

44

*

Jan

25%

July

11%
46

31

33

Rexail

South

1,350

A

100

19%

73% July

26%

class

68% July

19%

(Un)

Jan

25%

Chemical

400

26

Corp (Un)
Corp of America (Un)

Radio

53'/8

26

(Un)___

25

5%

Jan

32%

80cony

•

&

25%

33%

56%

•

68 % July

15% July

Oil

Jan

Mar

700

•

38% July

Feb

Corp

28

43

14%

Company (Un)
Co (Un)

Jan

13%

Cooperage

Jan

45

28%
68

16%

Indiana

Jan

500

Lakes

30

20%

51%

*

30

15%

Bros

Jun

57% July

4%

1

46%

11

Greyhound

44%

Jan

Apr

67%

25%

Signode Steel Strapping Co
Sinclair Oil Corp
Society Brand Clothes Inc

15%

Orelf

Feb

34%

25%

Rath

Shell

May

May
7% Jun

10

Great

Feb

7

22

43

1

of

3%

14% Feb

May

400

28%

67%

July
July

.

5% July
38 % Jan

1,500

25

14%

Co

Co

11

500

57%

24%

70

2% Jun

150

150

3,500

54

16%

St Regis

15%

Dredge & Dock

7

43%

1

St Louis Public Service

ll

Great Lakes

11%

6%

250

57%

Quaker Oats Co

37

2,250

2%

11%
7

26

(The)

Service

Jan

17

323/4 July

10

Corp

Public

24%

Jan

—33%c

Dodge Corp (Un)
Corp (Un)
Phillips Petroleum Co

.

July

27

50

Car

49

32%

25

RR

Steel

Apr

32%

2

._:

Phelps

Co

42

32%

•

Phllco

Potter

200

49% July

1

Pepsi-Cola Co (Un)
Pfizer (Chas) & Co

Pressed

Jun

July

'

Feb

(Un)

preferred

Inc

46
'

♦

common

prior

6%
"

Jan

*

conv

41% May

Jan

Jan

10%

5

6%

49

Jan

4

41%

100

51

Airways (Un)
(Un)

class

32%

3,200

Jun

200

Patterson-Sargent Co
Co

900

6%
46

Jan

July

15%

1,200

Pea body

Coal

39

17%
173

13

-10

—

American World

Pan

38%

Jun

1
12

(Un)

Paramount Pictures

Apr

70

com__5

Co

Co

Jan

15

12%

*

Bancorporatlon

Ohio

89"%

100

68%

100

Manufacturing Co

Ohio

15

725

15

.,

Jan

12%

10

Corp

Northern
Northern

200

173

1
10

(Un)

Corp

8t

1

Co

Stores

15%

164

1

(Un)

Jan

•

(W H)

10

70

1

RR

Aviation

American

Jan

14

Gossard

Drug

Apr

31% July
263/4 July

10

Jun

July

•

Gray

8%

Jan

5

Northern

44

130

1,700

41"% Apr

5

Co

Tile

York

New

Jan

73%

9%

9%

500

1

Prod—

Distillers

Lead

National

4% May

800

18% July
19 % Mar

400

preference.*

National Standard Co

31%

2,100

Feb

10

Cylinder Gas

National

33% May

38%

II3/4 May

Jan"

16%

25

Inc

National

950

68%

Jan

153/4

100

3,700

3

600

69%

9%

400

47%

Motorola

3,200

65

1,800

18%

26%

Muskegon Motor Specialties conv cl A_*
Muter Company
50c

6%

35%

11%

18

30%

—*

$3.50

2%

12

Goodyear Tire & Rubber Co

__

11%

29%

•

42

38%

Feb

46%

Montgomery Ward & Co

35%

68%

73/a

24%

_10
1

Cement

Portland

54%

Jan

'

•

Jan

46%

1

common

Modine Manufacturing Co

6%

•

7

7% July

Jan

2%

200

*

Utilities

Hart

Missouri

41%

6%

1

(Un)

6% Jan
38%

'

7%

1

$1 prior preferred
Minneapolis Brewing Co
Mississippi River Fuel.

34%

__

'

.

45

79%

__

20

1

Co

350

11

80%

6
new

1

79

•

Refrigerator Co

13

43%

44%
__

General

2,100

12

v

l

Corp.—

20

2%

400

Jan

"

•
—

*

Electric Co (new com)
General Finance Corp common
General Foods Corp

Motors

52%

2%

2%

7%

52%

__

■!.

5

General

7%

3

48%

1
—5

Products

Food

South
&

•

(Un)

Co

Cement1

Portland

49

Rockwell Spring & Axle

Gamble-Skogmo

'
1

2% May

46

10

Remington

12%

8,350

Feb

400

2%

6

Ky____

Chemical Corp

Mickelberry's

38%
6

of

Co

&

(Glenn L)

Jun

3%

200

15

B

Elec

Marquette Cement Mfg
Marshall

15%

85% July

2% July

2%

15%
169%
10

Co

Mathieson

Jan
Feb

"

7%"

—

common

class

July

11

64%

300

2%

•

&

150

,

22

•

2%

& Libby

Mfg

3,700

18%' 18%

July

__

12

77% July
42% July

11%

May

__

11

Jun
Jan

18%

44

—

12

38%

13%

Co

175

Jan
Jan

1
10

350

4,600

Packing Co
Raytheon Manufacturing Co

Jun

5

Auto

42%

21%

143% July

300

1

Inc

42%
20%

common

Gas

Jan

Jun

42%

(Un)—_—10

Lindsay Chemical Co common—
7%
preferred __—
Lonergan

323/4

21%

10

—

Lincoln Printing Co

Louisville

July

*

RKO Theatres

Eastern

200

Jun

30

•

(Un)

Co

Co

&

Libby McNeil

14% July

11%

__

_5

25%

200

14%

14%

1,000

13%

32%

__

•

29%

13%

__

10

Co

Jan

27 % May

64% July

10%

63%

14

July

3%
26%

77%

„

20

Manufacturing
Chemical

28%

1,700

Co

Co

Sessions

&

Lamson

North

26%

5

3,000

33%

Chemical common

&

Gas

Laclede

Leath

44% July

78

25

common
Cleveland Nav
(Un)

32%

32%

La Salle Extension University

Jan

20%

1

Company

31%

33

Co

Process

61

Mar

3.50

Light

Monarch

North

95%

__

1

26

Kropp Forge Co——1

27% July

62%

__

-

41%

1,100

City Power & Light
Power & Light (Un)

Knapp

Jan

150

64%.

123

Jan

200

23%

11

1

63% July

1,800

30

Electric

&

Gas
&

Drug

38%

900

64%

10

3%

1,400

35%

72

22% July

50

23%

__

Jan

900

29

35%

__

Katx

23ft

1,800

/

8%

29

July

1% July

900

44

1%

Aor

2

200

27%

43%

29

16%

600

Jun

2% July
28% Jun

2% July

1,000

3

27%
44

20% May

Jan

ft

__

10

Corp^

Jan

16%

2%

*

America-

15%

200

20 %

19%

__

Apr

1,300

—

20

25

Detroit Edison Co

Dow

85 %

650

25

common

&

Dodge

Apr

1,400

*

Packing Co
Curtis-Wright Corp (Un)

Detroit

24%

13%

100

;

Cudahy

Oeere

Feb

14"%

*

preferred

of

19%

14%

|-

Motors

Feb

14%

1

Power

12%

12"%

Co.__*

Ry

Inc

Corp

Continental

Jun

51%

0

Co Inc

Container

18% July

13

10

convertible

74% July

Jan

11%

200

•

Columbia Gas System (Un).
Commonwealth Edison common.^

$1.32

Jan

14%

1

Pac

preferred-_j

Clinton Foods

Jan

16

76

25
Iron

4%

2

__

1

Co

Cliff's

July

1% July

Jan

85

__

•
25

Chrysler Corp
Service

July

51

__

10

Jan

Jun

63%

7.50

1% Mar

50%

650

20%

20

20

•

common

conv

12%

12

__

v

Jun
Jun

Jun

3

100

Chicago So. Shore & So. Bend RR-12.50
Chicago Towel Co $7

%

300

18'/a

5

preference

Chicago Rock Island &

1%
4%

10 %

63

Jan

1% Mar

2,000

74%

1

.

$3 convertible preferred
Chic Milw St Paul & Pac common

Cleveland

1

8% Jan:
46%

900
1,100

1

Corp

Corp

convertible

1%

4%

__

50c

West

South

-

__

25

Biscuit

29%

•

Kennecott Copper Corp

Lion

9"%

52%

10c

Chesapeake & Ohio (Un)
Chicago
Corp
common

Cities

May

2%

5

Brewing Corp

111

8% July
36

4%

15

Illinois Light Co
Central Illinois Public Service
$1.50

Jan

100

12.50

common

Central

Central

28%

Jan

5

Corp

Pacific

&

700

Feb

14%

Jan

1

Corp of America
Corporation

Central

34%

10%

Jan

1,200

15

Celanese

Centlivre

6%

11%

3

2.50

Carr-Consolidated
Cenco

200

40
July
50% July

5

20c

Jan

Feb

3

•

Works

Co

Super

14

5

5

(E J)

Butler Brothers
&

700

3,200

8%

32%

34%

10

Company
Burlington Mills Corp (Un)
Burroughs Corp (Uni

C

Apr

10

12%

8

5

Budd

Burton-Dixie

8%

9%
12

1

Corp

Gear

L»

Jan

•

Brown Shoe Co Inc
IE

Jan

33%

12%

5

Corp

Borg

Bruce

29%

1,600

65% Jan

July

10

Corp (Un)
Binks Manufacturing Co

Foote

1,200

50%

9

50c

Bethlehem Steel

Brach & Sons

39%

—

Benguet Consolidated Min'g Co (Un)_lp
Berghoff Brewing Corp
1

Brad

38%
'48%

39%
50%

13

(Un)

—.

Hendlx Aviation Corp

'

55% July

200

•

:

Manufacturing Co

Booth

1,500

-9%

July

3

Baldwin-Lima-Hamilton

Hearings

58%-

Jan

18% July
175

3

_

rUastlan-Blesslng Co

(

56%

18%

July

9

10

18

61%

(Un)

Laughlin Steel

Jones Sc

100

4

COrp

500

July

48%

600

1

Refining common

Products

28%

27%

Co

Power

Iowa

27

Oil

Ashland

A'they

28%

29

Co

Interstate

25%
4o Vs

28

25

:

49% July

31%

6% July

Jan

500

27

175

Shoe

International

26%

Development class A com_5
Anaconda Copper Mining
(Un)
50
Armco Steel Corp (Un)_!
10
Armour <k Co (Illl common
5

Jun

63

(Un)

International Paper

—

5
100

13%

44 %

Chemical—5

&

International Tel & Tel

1,000

11

Mineral

9% July

27%

5
(Un)

Co

Tel

&

Apr

300

50% July

14%

18% May

Kansas

■

9%

49%

Jun

23%
8%
9%
6%

High

800

49%

International Harvester

20%

50
3,400

660

1

Motors Corp

&

48%

l,50o

44

7

(lib

Machine

42% July

2214

21

Low
"

12%

•

Co

43'/#

High

11%

28%

Co

Steamship

61

10

American

Steel

Inland

21

9%

-—12.50

Co

American Cyanamid Co
American Investment Co

High

Low

1
*

Indiana Steel Products Co

21%

24%
9

20
1

Mfg

Low

>•

12%

—100

RR

44

•

Laboratories

High

,

~

10

—

—

—

Allis Chalmers

Central

Illinois

Range Since Jan. 1

Co

22

Co

Mfg

Lb

Illinois Brick

Interlake

♦
Admiral Corp
1
Advanced Aluminum Castings
5
Affiliated Gas Equip
————1
Akron Brass Mfg
_____————50c
(J

Low

1

5
10

Laboratories

Steel

Acme

Adams

For

compilation «f the round-lot transactions only

A

%

500

63A Mar

9

Jan

May

19% Feb
9%

Jan

14% May

,

Jun

May
10% Feb

22

Jan

12

July

22% Jan

38%

38%

39%

Apr

28'A

27%

:283'a.

2,800

15%

Jan

29%

Jun

_1

18%

18%

18%

2,100

16%

Jan

20% Apr

25

48

47%

48

41% Feb

48% July

•
,_5

»
-

__

200

800

32

Jan

4

\

Number 5345

[Volume 180

(381)

Financial Chronicle

The Commercial and

OUT-OF-TOWN MARKETS

Range

Sale Price

Texas

Trane

66% July

Jan

20
14

% July

1,600

12%

Jan

2,450

36%

Jan

67%

Jun

ACF

34%

200

25%

Jan

35%

Jun

Admiral

Coal common

.

21%

22 %

450

16%

16%

21 %

22%

1
1
*

;

600

22

22

Mar

3

Feb

2

15%

22 % July

Jan

Feb

13

Apr

18

19 %

100

1,100

Apr

22% Mar

62%

62%

420

59

Jan

62% July

83%

84%

300

70% Feb

88% July

Abbott

Inc
Corporation

Industries

Alaska

Carbide

Union

Oil

California

of

Lines

United

Air

United

States

U

(Un)

Corp

Steel

Inc

Gypsum

S Rubber Co

U S

•
25
10
20
5
•

Carbon Corp

&

common

45%

24%

600

38%

25%

43%

45%

400

36%

39%

July

171

Mar

July

37% July

29% Jan

4,500

55

May

25 %

Jan

126

600

37%

50%

55

100

170

170

50

21% May

Dorn

•

8%

8%

8%

10

Works

Iron

July

55.

Jan

25%

25%

25%

43%

43%

69%

71

35%
14%

10

Mar

8

250

Union Telegraph

Western

.

Wieboldt Stores

Wnol worth

(F

,

10

4

r

35% May

43% July

1,100

50%

Jan

75

36%

150

27 %

Feb

36'A July

14%

400

13% Jan

16%

300

14% Jan

20%

100

19

10

L.

Cn

W)

24%

20%

14%

•

Corp

Public Service

26% Mar

100

300

16%

•

Inc common

Bankshares

Wisconsin

71

1

Motor Co

Wisconsin

——

—12%

Corp

Westinghouse Electric
White

10

_

_

Jun

1,700

40%

8%

150

8%

Jun

15'

July

17% Feb
1

Jan

43%

43

—

-

20% July

45% Jan

Apr

8%

5

Yates-American Machine Co

Youngstown Sheet & Tube

47%

•
.

55%
72%

38%

2,200

72%

55%

5

.

Zenith Radio Corp

100

55% July

Jan

73%

65 % May

Apr

(Un)

Common

Friday

Range

•

American

Stores

Co

American

Tel

Tel

Arundel

Ar.

Atchison Topeka &

•

24%

23%

—10

Co

Elee.

Citv

35%

34%

Baldwin-Llipa-Hamilton
Ealdwin Securities Corp

Budd

Oil

Corp
(par

—

Blair

35% July
10% July

Jan

3%

150

2%:Mar

'

1

Co

3% July

•

Battery

200

473A July

13

156

63%

270

36%

Feb

49% July

182

43% Mar

168
25

18 %

500

Budd

Hill

Jun

133/4

Apr

66%

*

&

Deposit

Co

Garfinckel

(Julius)

common

4% 7c

conv

Jun

Calveras

8%

Apr

Jan

313A July

California

333/4

3,089

28%

Jan

33% July

463

273/8

19%

250

18

Jan

20%

300

18

803A

2,163

58%

Jan

17%

17

17%

290

133/o

&

Jan

Corp

—

2,765

35%

4,080

15% Mar

48%

43%
373A

24%

25%

309

•

6%
8%

—20

preferred

Participating
Corp

—

Potomac Electric Power common

3

_

27%

233/e

\

39 % May

Jan

28% July

7%

jun

9%

Jun

7'/a

1,970

4

Jan

9

3,065

5%

Jan

302

28%

Jan

373/a July

Jan

19%

37%

16%

2,008

Apr

18%

19%

27%

283/4

729

25%

Jan

283/4 July

29%

363

25%

Jan

29% July

•

—

preference com_

July

50

43% July

Jan

29

19 %

—10

Gas common-

&

*

div

Si.40

36%

.

•

Service El

Public

'

Feb

18%

353A May

4,703

'

44% July
1

32 %

105

37

•

Cnmmnn

Philco

40%

37%

Feb

14%

Mar

38

307

49%

42%

*

Feb

21%

Jan

16'/a

16

—

Jan

Jun

44%

43%

'

16%
173/4

Jan

26% July

Jan

4

Water & Power com
Electric common
$1 div preference common
Philadelphia Transportation Co—

Pennsylvania
Philadelphia

10

1,125

14

16%

243A May

12 3A

13%

44%

*

Pennsylvania Power & Light com.
.—50
Pennsylvania RR
—10
Pennsylvania Salt Mfg

17% July

Jun

321

14

1

_

19'/a

Central

May

545

26%

18%

19%

27%

28%

98

26%

Jan

28% May

94%

96'A

871

69%

Jan

65%

Jan

35%

36%

497

31 %

May

37%

Jan

145

15%

Jan

21% May

39%

39%

674

29%

Jan

40% July

52%

668

43%

Jan

52% July

12%

100

50 "A

1,134

34%

all5%

all9

30

95%

a32 a34%

181

%

-

2,450

1,030

4%

10%

615

8%

a3%,

4

16%

16%

17

166

15% Mar

•

74

73%

74%

335

68 3A

—

Brook

Scranton-Spring

Serv.

Wat

Sun Oil Co

37%

13%
'

•

Light

Gas

5%

Jun

common

Woodward Lothrop common

'"10'

_

200

—

35

32%

4%

848

37%

36

343/8

32%

34%

5% July

Jan

33%

Jan

303/4

Jan

35,

28%

Jan

32% July

92

,

37% July

July

80% May

$3,450

82%

82

82

1975

5s series A

84%

Feb

2.85

50

14%

Feb

21% July

19'A al9%

20

13

Mar

17% July

a81

119

62

Jan

81% July

1

200

13

Feb
Jan

71% July

Jun

11%

2*05-, Jan

4.00

a79 %
1
71

71

363

11%

11%

11%

445

3%

3%

3%

11,639

49%

50%

1,151

3%

3%

168

a67% a70%

130

L

3%
a70%

Friday
Sale Price

Co

Eciuitable

Gas

5
•

_

_

32%

139

28 %

Jan

35

22%

22%

35

17%

Jan

22% July

14'/a

14

14%

288

123A

Jan

14%

Jun

5% July

7%

Jan

—

6%

6%

1,300

33%

32%

333/4

227

28%

Jan

333/4 July

223/8

Jan

26% July

123A May

213/4 July

25%

253A

26%

10

213/4

21%

Refractories

Joy

Co

Manufacturing

Natco

'

Plate

Pittsburgh

preferred

.25

.

—10

Glass

Screw

*

Renner

San

Spring

&

Axel.

_

Mining

Westinghouse

50

25%

Jan

28

110

31%

Jun

35%

Apr

July

x27

Brake
Electric Corp
Air




4%

Jan

32% July

33%

27%

27%

70

23%

Jan

27 %

123A

13%

3,476

7%

Jan

13% July

1%
30

56%
7

30
56
6 3A

1%

2,045

30%

334

56%
7

'346
150

1% July
26%

14%

300

11%

13

16%

24

20%

22%

'2,734

14%

Jan

22% July

16%
28%

384

1,890

22%

Jan

205

13%

Jun

100

575

50

61 %

334

60c

619

18%

7c

9%
6c

9%
7c

218

10,100

Holly

Holly

Mar

Jan

9-

May

5c

Julv

70c

F^eb

22%

Jun

93/4

Jun

7c

Jan

5

15%

14

15%

535

12

Jan

15% July

10

243A

24%

25%

945

22%

Jan

26 %

Apr

71

376

50 %

Jan

75

Jun

12.50

71

68'A

Co

Honolulu

Mining

Oil

Corp

Co

21% July

Apr

90c

Jan

28%

Jun

35%

700

33%

36% May

70

Apr

37% May

45%

Jan

63 %

917

56%

Feb

66'A July

339

81%

Jan

104% May

42

Jan

50'A May

15% Mar

18% May

47%

55

17%

689

a62 % a65 %

61

Jan

44%

48%

Apr

16

48%

Apr

62% July

14%

14%

14%

1,402

12%

Jan

14% July

18%

18%

160

44

43%

44

1,220

87%

87%

88

45%

46%

61

650

a62 %

Jan
Jan

59

1,208

a62'A a62%

15 % May
37

285

46

i

41'A Jan
Mar

56

8%

9 %

62%

100

61

78%

78%

295

48%

1,501

8

8%

12%

15%

15%'

15 15%
63'A 63'A
—
2.50 2.50
41%
.41%
42
42% 42%
al37% al33%al37%

—
__

3%
—

a46%

*

40% 41%
48%
50
a20% a20%

/ 3% 3%
106% 106%
48% 48%
a45% a46%
54%

—
—

a77%
—

__

—
__

21%

,_i.

27'A 27%
aGO a60%
5% 5%
22% 22%

12%
25%

a2.50

*

1.50
a52%
31%
a43%
76%
22
8fy

54% 45%
43% a78 %
a73%
80
79% 10%
10% 17'A
17%
33
33 a97%
a97% a72%
a72
33
31
21 21%
a25% a25%
12% 12%
25% 25%

1.00 1.00
a2.50 a2.50
41% 41%
66% 66%
1.45 1.55
a51% a52%
31%
32
a43% a43%
76% 77%
20%
22
8%, 8%

July
Jun

46% July
64% July
10

July

7) % May

78% July
48 %

July

104% May
8% July

8

Jan

12% July

Apr

15% May

13%

21

Apr

15%

Feb

62

980

Jan

64

Apr

1.90

1,482

Jan

2.65 May
45

May

36'A

Feb

33%

Feb

40

105%

Jan

251

22 %

Apr

27 % July

Jan

63

1,016
.

Apr

18% July
44

90

14%

200

15

Jan

7

2,655

Apr
Jan

35

400

11%

Mar

101 %

10 '

al03% al04%

„

Feb

72%

47%

48%

10

62%
78 %

1
1

(Un)

Apr

50c

26 % May

a62% a62%

12%

Mines Corp

61% July

16%

90'

Feb

341

17%

1
—2o
International Harvester
"
International Nickel Co. (Can) (Un)
•
Internationa) Paper Co
(Un)
7%
International Tel & Tel com (Un)_ —•
Intex Oil CO—
33%c
Idaho Maryland

Idaho Power Co

Jun
Jan

45%

1,300

47%

a25%

1

Mar

17

62c

62%

1

(Un)

it.

28

a91 % a96%

63%

a96%

-25

Development Co
Oil Co (Un)

Homestake

14

26%

35%

33

Ltd
class A (Un)

G

Jan
May

21%

a39% a39%

35%

...

Pineapple Co

Battery

29% July
14% May

57c

63%

♦.

Jan

17

26%

3

—

3% July

3%
26%

a21% a21%

62c

(Un)__10

class A

preferred

Hawaiian

Hobbs

Jun

7% Mar

500

5%

14% Mar

17

29%

61%

a21%

20

com

July

Jan

50

new

Jun

20% May

17%

Co————,——*

Rubber com
Ry

15 %

Jan

468

61%

3
(Un)—5
•
General Motors Corp common
5
General Paint Corp com
.*
Conv 2nd pfd—
♦
General Puohc Utilities (Un)
5
Goodrich (B F) Co (Un).
10
Northern

Apr

Feb

3%

Dynamics .Cord

Goodyear Tire &

May

13%

26%

Electric Co new com
General Foods Corp (Un)

Great

9%

al4% al4%

General

Jan

593A Mar

70c

s-%

13A
32

Jun

21'A

21%

Feb

6% July

52%

70c

5

.

11% Mar

al3 al3%

May

33

19%

__10c

Engineering & Foundry Co.

Westinghouse

Jan

33/a July

5

.

Manufacturing

Toy

United

24%

1

Co

Rockwell
Ruud

Bolt Corp

&

13

.2.50

Pittsburgh Brewing Co common
Pittsburgh

33%

10

.

5

convertible

63

12% July

152

17

Ltd
•
Products pr pfd (Un)„100
& Light (Unl.j.—
*
Machinery & Chem Corp
10

General

Jan

875

13

24

Power

Hancock Oil Co
1

Corp

$2.50

669

...

Co

Gas____

Star

Lone

—

■

210

3%
32%

x27

«

(Joseph)

213A

32%

*

Home

/

3%

1

Walker

Harbison

Apr

6%

.8.50

Co

Brewing

Pitt

Food

Jan

79

38

13

23%

High

Low

196

Steel Corp

Follansbee
Fort

System

Brewing
Light

Duquesne
Duquesne

Range Since Jan. 1

22 3A

—

*

_

_

Shares

High

_

»

Gas

of Prices

5'/4 May
a—

29'A

Fibre Board
Florida

Feb

July
50% July

22%

Petroleums

Federated

Sales

for Week

Jan

1

87

a20 % a20 %

27%
a60%
5%
22%

Oil

Apr

23%

1
10
•
_5
3

Inc (Un)
(Un)
Works
Electric Bond & Share Co (Un)
El Paso Natural Gas Co
Kodak Co

Dorado

—

13

com—5
5

Lines

Air

Eastman

3% July

14%

Co———_—*
•
5
(Un)—25

Emporium Capwell
Ewa Plantation Co

31%

*

Steel.

1

Range

Low

Par

Ludlum

Week's

Last

STOCKS

Columbia

du

40% May

a—

12%

a20 %

3.50

I

a85 % a85%

12%

Oil Fields
(Un)
Chemical Co common
Pont de Nemours & Co

Dominguez
Dow

Jan

10

—

Mfg.

Doernbecher

El

Pittsburgh Slock Exchange

Blaw-Knox

common

preferred

Eastern

BONDS
Baltimore Transit Co

Allegheny

Fruit Corp class A

B

Class

Jun

25% July

19% Mar

a

i-

Giorgia

Di

3
|

165

a21% a21%

—2%
Columbia Gas System (Un)
•
Commercial Solvents (Un)
*
Commonwealth Edison
25
Consolidated Chem Indus class A
*■
Consolidated Edison of N Y (Un)
*
Consol Natural Gas Co (Un)
—15
Continental Motors (Un)
LI
Continental Oil Co (Del) (Un).
5
Corn
Products Refining (Un)
25
Crown Zellerbach Corp common!
5
Preferred
*
Curtis Publishing Co (Un)
-1
Curtiss-Wright Corp
(Un)
1

76% May

1,292

5%

...

...

Improvement

United Gas

5%

—1

Corp

United

17

Jan

Apr

10% July

500

"A"—2%

Broadcast System

July

5%

-*

*

B

41c

Apr
Jun

May

3

2.85

_

$3

Washington

25%'

36

-

Jan

3

50

a3%

25%

112% July

Feb

41c

5%

,10%

•
Com————-—-1
Chance
Aircraft——_—
_1
Chesapeake & Ohio Rv (Un)—_——25
Chic
Milw St Paul RR pfd
(Un)_100
Chrysler Corp
:
25
Cities Service Co (Un)
10
Clorox Chemical Co
3%

Class

Apr

25c

36c

5%

July

50 %

Jan

28% Jan

40c

a3%

12 % July

9% Mar

5%

Eureka
Vought

Columbia

171 % July

Jun

50%

/Colorado Fuel & Iron

38% July

Jan..

55%

100% July

•

Co

Paper

Scott

27%
96

—50

Reading Co common

Jan

156%
'

52%

a 34

10

Caterpillar Tractor Co common
Celanese Corp of America

SO3/, July

8

282

29%

914

v

48 %

Dry Ginger Ale (Un)_„—-1%
Atlantic Oil Co Ltd
2
Pacific Rv (Un)—
—25
(J I) & Co com (Un)
12 %

Case

38%

717

Canadian

20% July
1

21%

1,520

8%

25

25

]L6%C

223A

8%

1

L)

(Glenn

22%

22%

10

Navigation

Merck & Co Inc

193/4 July

Apr

79'/8

Feb

111%

.

Mar

19%

—15

Co common

Pennroad

19%

79%

—5

Lehigh
Martin

19%
20%

5

Hecht (The)

Coal

Jun

25

.

Corp

Brothers

Gimbel

74

18% July

•2,662

Canada

253/4

"20

Jan

a21% a21 %

all9

5
5.50
5

Co
Ink Co capital
Packing Corn

California

Apr

80

13%

'

—10

Co

Cement

6%
27%

80

80

10

Mar

36

12 '/a

5

Sullivan (Un)

&

Jackson

Byron

539

50c

...

preferred

Motors

General

—

Apr

14% May

57%

Canadian

Fidelity

48%

35'A Mar

39%

—10
*
2%
5

Corp

Burroughs

439

May

143/4 July

52%

—1
15

Company

Bunker

8%

23

•

July

11

11

64% July

Feb

51

1
—5

(Un)

Borg-Warner Corp (Un) __
Broadway-Hale Stores Inc

25%

,

17% July

463A

36%

1

(Uni—

Borden Co

50%

Feb

56

July

Com

Holdings

32%

25%

_

36

11% Mar

555

Jan

37

5

Oil Co

Bishop

313A

30

33%

10

Cn

Storage

Jan

49 VB

Jun

6%

Feb

25%

7%

.

31%

Power & Lignt common...13 '/a

Duquesne Light

43A

436

6 '/a

62%

25

Publishing

1,645

36

17%

15'A

P.l

Boeing Airplane Co (Un)
Bolsa Chica Oil Corp

12%

'

—

13

$5)

now

Corp

Chrysler
ijciaware

Electric

24% July

Jan

47%

36

10

—

Company

Curtis

Jan

29%

5%

__50

preferred

non-cum

Barber

19%

35%

1

Common
$2.50

605

1,425

,i

11% May*

150

175% July

Transit Co—

Baltimore

635

2

35%

3%

—lc

: July

5fi'

24%

8%

222

143/4

a49 % a50 %

a21%

•

Jan

947

66%

61'/a July

,

57%

(Un)—13
:
lc
100
1—— 1
~-l

(Un)

Cons Mining
Bethlehem Steel (Un)

Jan

10%

Jan

171% 171%

10

1

Mfg Corp (Un)_—,

44 *

9%

9%

13

May

47

18

P2
3

Wedge

Atok-Big

155%

285

88

38%

Co..__

Refining

Atlantic

3,064

56

170% 175%

174%

Corporation

Atlantic

55%

55%

100

May

88

31

11

—

Benguet

High

Low

Feb

43A

723

a573A a573A

-10
Santa Fe (Un)__50

Corn—

Steel

Petroleum
Instruments
Beech
Aircraft Corp
Bendix Aviation Corp (Un)

Range Since Jan. 1

High

Low

Par

33A July

17%

a50%

25

Beckman

for Week
Shares

20

46%

(Un)
25
American Woolen Co (Un)—
—.—*
Anaconda Copper Mining (Un)
50
Anglo Calif Natl Bank
20
Arkansas Louisiana
Gas Co (Un)—5

Bandini

Sales

of Prices

Last

a3%

3% Mar

Jan

a90

—

100

Baldwin-Lima-Hamilton Corp
Securities
(Un)_„
Baltimore & Ohio RR (Un)

Philadelphia-Baltimore Stock Exchange
Sale Price

2%

14%

& Refining—

Baldwin

stocks

50

66%

Viscose Corp

American

Avco

Week's

Jun

a3

61%

•

—

Tel & Tel Co
American Tobacco Co ——
American

Anncu

Jan

11

Apr

Jun

263/4

27%

Apr
American Smelting

Walgreen Co

26 aA

60%

5
Chemical class B_*
&, S S (Un)
8

Radiator

Mar

22 3/4 Mar

40"%

a88%
61

Corp—._

American Potash &

Jun

20

200

a3%

a3%

»Uii)
1
Amer Bdst-Para Theatres com (Un) — 1
American Can Co
(Un)
12%
American Cyanamid Co (Un)—.—.10

American

Van

41%

130

a3

Inc

Motors

Jun

25

263/4

*

Ltd

Airlines

American

104

26%

(Un)_.—*
20

Allis-Cli aimers M'fg
American

High
47% May

25

1

Alleghany Corp com (Un).:
Allied Chemical & Dye Corp

Low

a41% a433A

a41 %

Co—10

Mining

Gold

Juneau

1

Range Since Jan.

43'/a July

•

■

94

•

*

(Un)

Reduction Co

Air

Aluminium
Union

High

a43 a43 %

5
25
1

Laboratories

14%

2%

Shares

Low

Par

69

2%

for Week

July

14'/a

2%

.1

(Un).

Corp

Film
La Salle St Corp

So

Jan

17%

34%

.1

20th Century-Fox
208

40%

1,750

Sale Price

65%

—2

__

Trav-ler Radio Corp
Truax-Traer

20

Sales

Range
of Prices

Last

stocks

14%

Corp

Tri-Continental

74% May

69

2

(The I

Co

57% Jan

100

63 %

19%

19%

Co

Toledo Edison

Transamerica

High

500

63'/a

—10

Tool Co-

Power

Tnor

Week's

Friday

Low

68

Exchange

Range Since Jan. 1

High

65

Par
—

Shares

Low

__25

(The)
Gulf Producing
Co

Texas

San Francisco Stock

for Week

of Prices

Last

stocks

JULY 23

FOR WEEK ENDED

RANGE

Sales

Week's

Friday

197

47

317

5%

800

Jan

8

Jan

41%

41%

Jan

50

Jun

35%

12

10

3% July
106% July

100

46 % May

100

Jun

Apr

22"% July

20

790

1,465

Jun

Jan

20

100

43% July
135%

Feb

24

Jun

July
Apr

4"% Mar
107 %

Jun

48% July
47

July

207

38%

937

46% May

54% July

39%

Jun

48'A

58

Feb

72%

59%

Jan

80

9

Apr

10% July

1,969
75

1,077
450

16% Mar

100

17 %

Jun

Jun
July
Adt

July

238

28%

Jan

33

90

79 %

Jan

95% July

70

59% Mfr

70

Julv

669

29% July

33

July

531

,

20%

25

10

Feb

26 % May

Jan

13% Mar

Apr

11%

30

May

90c

300

24%

May

25

26

1,994

Jan

Jan

1.10 May

Jun

3%

Feb

175

30% Mar

42'A

Jun

350

57

2.50

5

1.00

7,210
60

90
308

400

Jan

1.90

Jun
—

Jan

32% July

37%

Feb

4034, May

56%

Jan

77% July

14

Jan

22

28%
,

75% May

a—

a—

1,333

2,705

Jan

„

8% Mar

10 %

July

Apr

38

The Commercial and Financial Chronicle

(382)

.

Monday, July 26, 1954

i

.

OUT-OF-TOWN MARKETS
RANGE

(Ocnt.)

San Francisco Stock Exch.

Low

Par

-•
—10

(Un)
Laughlin Steel (Un)

Jones &

Corp.-—1
Preferred
50
Kaiser
Motors
Corp
1
Kansas Power & Light
(Un)
83A
Kenuecott Copper Corp (Un)
•
Kern
County Land
2.50
Leslie

Aircraft

Loew's

Inc

.

Martin

Co

McKesson
Meier

Frank

&

Mfg

Merck

Co

&

Middle

M J

a25 % a26%

—

14

21 %
26%
47
41%
14

(Un)

4%

4%

4%

Inc

—

Natomas

19

3,580

23

8

19% July
16
17

Jan

197

41%

Apr

256

39'/a

80

66c

38%

38%

67'A

67%

a 19
-

'A

1

22%

preferred

Railway (Un)
Northrop Aircraft Inc

__

1

a33%

20

Sugar Co Ltd (Un)
Pteroleum

Shell

Oil

Jan

Jan

36% July
68% July

Feb

37 % July

Conv

1

Corp

Oceanic Oil Co
Ohio

Edison

Ohio

Oil

Calif

Cumulative

Oliver

United

Class

(Un)

Jan
Jan

Southern
Southern

Co

Southern

Pacific

Southern

Railway

July

Jan

26

Feb

31

July

3

July

class

__

Spiegel

Calif

21%

255

20 %

Jun

23

Mar

Standard

Oil

Co

B

«

__

20

40

54
54
a33% a34%

260

54

300

17%

Products

Inc

American

Oil

Pacific

Coast

Pacific

Aggregates

Finance

Pacific
6%

Gas

1st

5%%
5%

,—5

Corp

&

nreferred

preferred
preferred

Feb

Jan

44

60%

Feb

62% July

31%

121

31%

Jan

32

4.80%

red

J.

preferred—

18"% al8%

7

15% May

20

Jun

July

a

5%

red

25

Swift

preferred

Lighting

20

8,144

14%

Jan

20

9

9

450

7%

Jan

10 V8

6%

6%

a33% a33%
44'A

44%

Texas

$4.40 dividend
Pacific
Pac

1st

Service

36 Va

6% July

5%

Jan
Jun

._

Jan

44% July

preferred

Union

36'A

845

33 %

Jan

a33 a33%

69

30%

Jan

36% July
33
Mar

50

28 %

Jan

30%

Pacific

Tel

Pacific

Western

Packard
Palmer

Tel

&

Motor

28 Va
28%

28%

200

26%

28%

350

27

Jun

Oil Co

28% Mar

United

Jun

443

27%

399

33% Mar

103%

_l

7%

Stendel

Pan American

Oil
World

Airways

103

5

Mar

7*

7%

8

31'A

1,117

26 'A

20 V2

126 Va

131

180

114%

27%

29'%

300

27 Va

3%

3 %

544

26c

31c

4,950

13%

14%

2,883

__

3%
26c

(Un)___l

1,295

a23

30%
131

7%

a23

•

10c

___

103% 103%

__

4

Pictures

Corp.

(Un)_—1

13%

Pennsylvania RP Co (Un)

Pepsi

Cola

Co

Philippine Long Dist Tel.
Phillips Petroleum Co
Pullman

Pure

Oil

Inc

3

Co

Co

a32 a32%

•

Jan

44% May

Jan

45 %

45

1,320

Am*

Jan

45'

199

25%

*Vb

26% Mai<

38

265

32%

Jan

38'

32%

Jan

35% Juiy

35 %

700

18%

739

43%

44%

38

227

10%

35'A

35

a57 a58%

a63%

35

14% Mai

8%

Jan

Jan

18% Juiy

1,676

36%

Jan

45%

140

-40%

Jan

125

46%

Jan

-

8%
35%

59

'

62

July
Juiy

15%

a63% a63%
8%

62

)

100

58

321

28%
5z%

82

Jan

Mdf*
July

-

■-62% Juiy

July

9

6% Mar

4,145'

a75% a76%

15

„

35% Julj>

i

64'/a May

Jail

76% Ju'.v

81

84

Mai|

(Un>__

/ 84

650

72%

Jan

90

Jun

a40% a42%

a42%

5

130

37 Va

Apr

44

July

a

V

18%

17% al8%
18 %

14% May

1,318
20

23

16%

80

18%

a27% a27%

*

20%

23

Jan

Jan

23

May

Apf
Mays

11%

12%

47%

47%

150

43 Va

Jun

48% July*

7.50

12%

39

39%

847

3r '/a

Jan

40

70

614

58%

Jan

73% Mav

18'A

19%

2,200

18% July

23 %

Apr

33%

34%

2,261

2;>%

Feo

36Va

Jun

16% al7Va

-97

13 Va

Feb

17% July

15%

Jan

21%

25
Oil

70

_I0

65%

19%
34%

5

Inc_

3

Jun
Jan

Jan
Ja,n

July
July

21c

9%
27'A

101

(Un)

Carbon

al7%

a

Co.

of

2158

1

(Un)

14% Mar

11% July

2,225

21%

220

a83% a86 %

•

Mo

'—10

-<

175

July

26%

26%

277

2b

45%

43%

45%

3,463

8

common

61

60'A

61

392

46%

25 Va

24%

25 Va

975

21% May

24

26% July

Apr

50% May'

J^n

.39

Juri
J"'v>

71% M°r

10

of California

28% July

U

Corp.

12% Mar
22

S

Inc

Del. (Un)
(Un)

of

a5%

1

a5%

40

5

Corp

10

30%

30 Va

605

(Un)

5

36%

36%

394

50%

54%

2,764

a57 % a57 'A

1,162

9%

Sfeel Corp common

54%

•

Oil

Consolidated

10

Jun

25 Va

July

5%

Jun

Jun

Gas

Universal

65%

Jan

Apr

32% May

,Titi

y% Juiy

39Ve ;Jan

54% July

56%

Jan

66

Apr

Jun

11%

Feb

27 Va
-

Apr

31V4 July
131

Victor

Equipment

1

Co

1

10%

10%

350

17%

17%

100

a35% a35%

100

July

37 V4 Mar

4'A

Jun

Jan

31c

ajn

14 %

July

Warner

Bros.

Warren

Petroleum

Wells

July

Feb

(Un)

Rubber

S

U

103% July

Lines

Air

United

July

38

Corp

Fargo

32

West

(Un)

_5

17%

3

a35%

Corp
T

U

&

Westates Petroleum

Jun

18 Va

Pictures

Bank

___100
(Un)

common

Coast

325

1

326

41c

14

Lite

Insurance

294

43c

474

4%

4%

5

825

5

(Un)

Feb

36

36

36

95

15% Mar

150

14

Jan

16% Mar

564

31%

Jan

40% July

Western

Airlines

37'/a

37Va

100

29%

Feb

37 Va July

Western

Department

27

al8 % al8 Va

50

10%

150

1,655

9

5

6,250

3%

Jan

Western

Pacific

59%

374

38

150

a53Va a54Va

130

41%

Jan

34c

55 V2

July

64 'A May

July

75c

Jan

3%

Mar'

5% Mar

Jan

Jan

40 %

18%

Jun

20

9

Jan

t

May;

54 V2 May

70

326

Jun

Feb

765

17% July
36%

?4% May

30

1

(Un)

15%

4'A
58

*

32%
35%

%«

5

Corp
&

40Va

16

5

16%

.

38

__

a54%

(Un)

Apf

605

1,196

10

'

2

15'A

•

(Un)

Co

66% July

59% Mar

25

40'/a

__

iplO

44%'.:

25

Cement

—

12%
_

;

16%

__33Va

Jan

95 % July

38-

1

(Un)

J

N

__

50

(Un)

Phelps Dodge Coru (Un)
Philco
Corp.
(Un)

Puget Sound P. & T.

a32%

22%

43

a26 Va a26%

•

Products

Aircraft

Preferred

Paramount

Maf

28% July

36

_____♦

111

Jun

•7C

Jan

17% May
69% Jan

378

18

(Un)

Airlines

Electric

Union

Jan

28%

Corp
(Un)

66%

40

•

Corp

Carbide

United

35%

_100

common

Oil

Co

44%

25

(Un)

Tri-Continental

Apr

28%

__«

75

95

40%- 41 Va

25

California

Associated

World

Union

a29% a29%

__

*

95

5c

Jun

16% July;

31 % July

39 Va

36

common

26,000

66%

•

(Un)

(Un)

Water

29%

#

Ltd_______
Co

6c

al8% al8%

95

43

(Un)

Electric

Company

Trans

25

28%

—

Petroleums

Public

'

•

Corp—

Co

Transamenca

Jun

1,741

•

common

of

Inc

Portland

&

7,660

25

A-.:

ser

Corp

al8%

1

8ylvania

United
Pacific

14% May

5c-

1

Mold

Super

July

18%

25

red preferred

5%

__

27%

21 %

770

July

Apr

31%

Jan

3%

38%

110

__

__25

Jan

350

16%

15%

10 *

46% Juiy

49 Va May

(Un)

Superior

Mar

224

.A

_____25

41 %

Jan

287/a

(Un)

Sun ray

18c

2,100

44%

25

1st
1st

__

Mar

Jun

Corp

16 % May

Jan

3%

6%

10
25

common

Jan

33 *

Jan

Oil Corp

13% May

43%

__

5

(Un)

Electric

Inc

Co

Drug

12c

a58%a61%

20

•

common

Fisheries

3fa%

190

July

Jan

Tide
Pabco
Pacific

8%

524

47%

(Indiana)

31%

A—

3,6)5

37%

a29 % a30Va

16%

2

21%

3Va

10

45%

20'A

common

of

3 %

a30%

1

Co

33

8%

45%

145

(Un)

Co

Brands

Feb

July'

8

137% July

Apr

37%

•

Oil

Sterling

130%

57% May
35% Juiy

'30

Co

Standard

Standard

75

5

Standard

Mar

131'% 137%

•

% JUxy
4% Feb

33

2

July

20 V2 Mar

100

a23 Va a23 Va

Petroleum

40% July

62

743

6o5

7%

a43% a44%

(Un)

Inc

July

54

35%

•

Sperry Corp

5% Mar

52

35
7%

.

'

__

25

25

43%

July

54
—

2

com

Jan

18c

52

A-

4.32%

Jan

__

«

Filters

Co

20%

14c

34%'July

15

20%

18%

Jan

10

Southern Calif Gas Co pfd series A

18%

8

*

40% May

26

137%

4.48%

33% July

aJn

-July

**

33% July

-

420

43%

12

(Un)

Edison

preferred

preferred

20 Va

Jan

class

Co

2,038

__

1

Co

Co

Gas

&

17

20%

Jan

360

61 % July

7.50

Sinclair Oil Corp (Un)
Socony-Vacuum Oil (Un)

18%

1,900

18% May

Jari

8%

178

1,282

;

Jan

Oil

Southern

May

!

Co

&

1.05

22% Mar

27%

15%

13

Jan

48 y8

45/
«•

1,696

1

Co

Signal

25

15

Jan

15

1,100

•

34%

1

40%

15

13

61%
36 %

(Un)_^______j_1.40

Jan

Studebaker
Oahu

Occidental

12 Vk

oit-i

35

Co

20

__100

Jan

^__P.10

-

37%

__

32 Va

33'/a

.—10

3c

4 %

150

Industries

Paper

Sears Roebuck

Feb

32% July

536

3

150

al9% a20%

r_100

24%

____25

Pacific

July
Jan

21%

572

3

__

25

pfd

3,185

38

10

6%

6%
8
22 22%
a30% a31%

Jan
Jan

Scott

4% July

Mining

13% May

.

37

92"1

38% July
37 > July

34%

!

Foods Inc

Mauricio

56%

105

309

a

Jan

36 Va

Safeway Stores Inc__
-1-—5
St
Joseph
Lead
(Un)—;.10
St Regis Paper Co (Un)—
___—5
San Diego Gas & Elec
,—10

19% July

21% May
26% July

32%

675

19 %

3

1

(Un)

(Un)

14%
33 'A

%
33%

a 19

__

Jun

1

(Un.)

Corp

W Fine

30

746

14'/a

14%

5

Co

American Aviation

2c

'506

3-7%

Jan
Jun

27

135

—

and

Schenley

18

>

1

26%

10

(Un)

Bldg. Co. pfd. 6%_

14 % May

2%

:

20%

38%

Jun

Theatres

San

1,007

37 %

Jun

Apr

13,683

•

41 'A

13% Mar

100

bo.

58%

a20%

61%

Co

Manufacturing

49% July
41% July

72c
21%

(Un)

Jan

995

66c

Norris

Invest

Jan

20%

a31%

American

Russ

—

•

North

16% July

72c

N Y Central RR (Un)
Niagara Mohawk Power

Co

Jan

1,100

.8

American

RKO

12,750

1

North

37% July

3c

(Un)

North

9% July

Jan

22

4,487

13

50c

Richfield Oil Corp
—
•
Riverside Cement Co class A (Un)___25

Jan

Apr

13%

80

113
152

V

8%

a20

Company Co.

5%%

.

85

July

34

Jan

37

5

(Un)

Reynolds Tobacco class B

May

26%

420

23%

38%

-

unioo

—-

Co

1,383

83

—
.

High

Low

34

38%

Remington Rand (Un)
Republic Steel Corp (Un)

33%
i

32%

1

Gypsum

Northern

15
980

4,076

100

Range Since Jan. 1

High

33%

-

common

Mlg

Shares

83% July

2c

Inc

Distiller® Products

Jun

Rheem

10

National

Raytneon

Jan

for Week

Low

•

(Un)_

America

Preferred

May

2%

49

32 %

*

54

20%

Jan

al8%

(Un)

Co

Ry
Rayonler Inc

July

Jan

2c

5

Apr

40

Corp of

Eayjjj & Realty Ltd Co— I

25% July

66

a20

(Un)

National

Oil

*

Radio

Jun

Sales

Range
of Prices

Par

High
72%

39%

32%

Co

Fibres

Jan

1% July

19%

10c

(Un)

Mtorrison-Knudsen

47

53

10

Mines

Montgomery Ward & Co.

Auto

~

100

P.10

Inc

Montana-Dakota Utilities

National

"

16%

(Un)

Utilities

& M & M Cona

--

5
18

Inc

Co

Power

203A
25%
47
41%

10

Inc

Mother Lode

Montana

36'A
16%

al9% a20%

Co

South

Mindanao

9%
37%
16%

21%

Corp——

Robbins

Menasco

36%
16%

1

Chemical
&

9%

—•

(Glenn)

Mathieson

Jan

1,320

a38% a38%

a26%

—

26%

221

--

Jan

675 '

1,321

1

Marchant Calculators

20%

899

43%

42'A

5

Magnavox Co.

62% Mar

Week's

Last

Sale Price

"

a22
a84% a85 /2

*
——1

(R H)

& Co

Macy

2

a21%

—

•

(Un)

J%

■

—

7
1

Corp

Friday

Low

37
?58

--

1%
a22
a85

10

Co

Salt

Libby MeNeill & LibbyJ*

23

Range Since Jan. 1

40

a72
25 A

36%

—

,

Lockheed

JULY

ENDED

STOCKS

Shares

High

a72
25 A

a72
25/s

Chem

Aluminium &

Kaiser

of Pricea

Sale Price

Corp

WEEK

for Week

STOCKS

Johns-Manvllle

FOR

Sales

__

a55

a55

58

July

32

Jan

5

West

July

66% May
38

Indies

Sugar__r_7._

Westinghouse

July-

Woolworth
Yellow

< orp

W)'

Co

(Un)

J_

Stores

Railroad

Elec

(F

Cab

__

.

1
"

Inc

1

"10%

—25c

Co

10%

10'A

com___*

(Un)

10%

80

a56% a56V2

_12%

71

71

71

■454

_10

43%

43%

43%

579

(Un)

preferred

25

20

20

Va

53

10%

40

Jun
Anr

74%

Jun

45

Apr

Feb

20

May

18%

July*

53

50% Mar

20

"

11

Jan
Anr

July

.

1:!>

CANADIAN MARKETS
RANGE

FOR

WEEK

ENDED

JULY

23

Exchange

Sale Price

Par

Asbestos

STOCKS

Last

Sale Price

Par

Abltlbl

Power &

Acadia-Atlantic
Class

Algoma

Paper

•

Aluminum Co of Can 4%

5%%

2nd

preferred__25

preferred-;

.,

22%

Low

22%

5,295

7%

8

430

21%

21%

675

41

42

1,735

g4i/2

64

67

3,378

25%

25%

25%

320

100

Steels

107 107%

127

16 %

Jan

6% Mar

17%

23%

Feb

21% July

39% Mar

48 % May

46

Jan

23%

Feb

26,

Bell

Feb

48%

Jan

39%

Jan

47

•

17 Va

17 Va

180

a97

a98

55

a98

Brit

12%

Jan

Col

Elec

British

98% Juiy

British
Bruck
Class

Canadian securities.

Canadian Stock

on

,

all
all

Exchanges

through our Canadian
affiliate which has a
direct
private wire
from coast to coast.

4%'

Ltd

Jun

95

10%

Feb

16 %

834

40%

Jan

52% July

432

295

12%

221

51

52 %

ito

'

a25%

a25 a25%

19

«)an

25% Juiy

43%

44 Va
8Va

9,226

39%

Jan

44 %

Ju'.ys

8

8,562

6%

Jan

9%

Apr

Co____:__*

18%

18%

18%

225

16

Feb

18%

Jun

" 25

24%

25 %

6,960

20%

Jan

26% May

'93

93

93%

81%

Feb

91

J->n.

•

red pfd
...

'

>

.

100

i_U.OO 1101%:

*

•-

25

53

150

48%

Jan

7%

7%

4,340

5%

.22

22%

5,3aO

17%

42

42%

719

9

9

100

4.00

4.10

44%
6.75

46
6.75

—

__

44%
6.75

•

/"

:

42%

5

Dredging

Canada

$1.30

Cement

Canada

Iron

Canada

Tel: HAnover 2-9250

116%

Canada

Safeway

2nd

Teletype: NYl-1979

Foundries
Power

Ltd

1st

10

pfd

Steamship

common

100
*

24%
13

Canadian

Breweries

*

26%

Canadian

Bronze

•

35

Canadian

Canners
Car

&

*

series

common

•

—

20

common

A

Canadian. Celanese
$1.75

Ltd

Foundry

Jun

7% Juiy
%

.1

■■i

35%

Jan

42% July

8%

Jun

U

300

4.00

F°b

162

35%

Jan

15

5.60

.

jun

5.00
461

7.25

Jan

Jen

July
Fed

50

100%

Jan

105

Jun

1,980
75

85 %

Feb

120

July

31

28%

Feb

21 %

21%

1,870

IQi'ri

'"n

27% M"v

10

10%

Feb

12%

22Va
22%

•

19%

25

118

-

31 Va

Jun

Jun

>

__

al04%al04%

5

100%

Jan

104

May

al04%al04%

__

50
common

53%
2

al2% al2%

21%

:—100

preferred

107% Mav

30

116

v~

®

Corp

preferred

Canada

5%

NEW YORK

—20

Northern

93% "July

..

104 % 104%

common

preferred

-

Jan

•

•

95

52%

*

__i.

102

160

7%:

22% h

A_

'

,101

-

>

52%

-100

Products

'' '

.

8

Telephone
class

B

'

Class




cum

Gold

Canadian

For footnotes see page 43

Note

52%

^

Calgary Power preferred

W. C. Pitfield & Co., Inc.
30 Broad Street

90

95

12%

Mav,July

44

Power ;'f„...

Columbia

Mills

Bulolo

Orders handled

,

31 1

•

Oil common

Columbia

Building

on

Co

Bank

4% % G R- preferred--

17% July

Feb

•
*

5%
preferred
'_
1
:
British Columbia Forest Products

Jun

82%

A

Light & Power

American

,

F
quotations

High

Jan-

94 %

12%

25

Traction

British

Apr
53% May

25

class

Paper

B

American

108'

104

585

a47

&

British

Apr

53%

100

Lou,

24 %

2,610

27

—

•

Ltd

Range Since Jan. 1

High.

27%

27 %

*

Teleg class A

Telephone

Brazili-ji

67% July

53

53

Shares

Low

•

common

Power

Class

Jun

8% Mav

a47

50

&

Bathurst

High

50

Anglo Can Pulp & Paper pfd
Anglo Can Tel Co 4%% pfd
Argus Corp Ltd common
4 % %
preferred

Tel

for Week

Range Since Jan. 1

High

41

•

Ltd

Shares

Atlas

for Week

8

Corp

Assoc

Range

21%

•

Steel

Aluminium

22%

•

common

Sales

of Prices

Low

•

common

Sugar

A

Week's

Sales

Range
of Prices

Last

STOCKS

Canadian Funds

Friday

Week's

Friday

Montreal Stock

5

100 %

Feb

104

Jun

28% May

a24 a24%
13
13 %

23

Jun

300

12%

Apr

13%

23

26%

3,218

21%

Jan

27

July

35

35

575

31% May

36

Jan

88

22

Anr

30

Jun

Jan

a27

a27

10

21 %

22 %

2,728

16% Mar

'22% July

19

23

Mar

Jun

22%

3,080

19

19%

1,285

18

May

24% Mar

31%

31 %

125

29

Mar

33% Mar

22%

Number 5345

Volume 180

.

.

The Commercial and Financial Chronicle

.

39

(383)

^4—
1

'

CANADIAN MARKETS
FOR

RANGE

Friday
Last

*

STOCKS

Range

Sale Price

Chemical

Canadian

Industries

Canadian

Cellulose

&

Morse___

Oil

23%

*

a

/

15%

15%

a

15%

23

30

15%

L100

5 'jo

preferred
Canadian Pacific
Canadian

<Un.asuutt

Coghlin

Farm

Coroys

class

Class B

Mar

I

I

.

,,[■

Foundries
Glass

&

2,540

10%

Jan;

14% July

Commerce

10

Jan

14

36

Jan

42

Apr.

32%

Textile

160

42

42

\^vy;,25

30%

29%

30%

5,530

19%

18%

19%

4,960

6%

6 %

6%

500

al3

al3

100

15

15

570

11

July

103% 103%

55

100

Jan

15

42%

42%

43
11 Va

15%

1,755

50

Jan

300

35

Jan

46

17

Famous

2,315

47%

1,095

42'/» Jan

49

50

41% Mar

49

32

31%

32

420

27Va

32

41

40

41

1,096

39

39%

125

433/a

42%

43%

2.40

2.65

-10

10

;

35%

-10

3,600

Canadian Stock

Jan

45

Jan

Canadian

Jun

11

25

26

800

18%

Jan

8

8%

7,182

7%

Jan

8%

Jan

22%

20%

Jan

23%

Apr

26

22%

22%

6%

6%

63A

2,670

6%

Feb

23

*.
•

22%

23

1,400

15%

Jan

25

25

1,864

18%

Jan

25% May

25%

25%

380

23

Jan

i.

25% July

25

_—20

25%

all%

all all%

•

Anglo-Nfld

37%

463/4

Co

Development

Apr

1,385

19%

Jan

24%

July

British

18

2,385

12%

Jan

18% May

Brown

20%

8,625

15%

Jan

20% July

Power

26

common

preferred

_10o

—„

General Bakeries Ltd
General

General

*

;

Dynamics

preferred

3

a6%

a7

Shares

Range Since Jan. 1

2,910
4,070

a7%
a8
a8
alO
alO

50
50
25

Company

7%

53

•

77%

77%

11 %

11%

100
•

103

Canada

Canada

Starch

16 %

Jun

Jan

43

42

25%

25

930

43

Canadian

105

Jan

43

26

July

>

class

Co

Paper'

25%

2,122

19%

Jan

50

50

100

44%

Jan

50%

*

46%

46

46%

1,148

38

Jan

47% May

•
Imperial Tobacco of Canada common_5
4%
preferred
25

33

32%

33%

4,518

28 %

Jan

36

May

9%

Feb

11

Jun

Combined

23%

Jan

25%

Jun

Consolidated

34%

Jan

46

May

39

Jan

47

May

Mining

Bay

Apr

Catelli

*

Ltd

Industrial

$2.00

Intl
*

AcceDtance

Nickel

7%

Corp

9%

9%

25

9%

25

2,565
195

common—.*

Paper

International

Petroleum

7.50

common

Co

Ltd

International

Interprovincial

the

:

Class

42%

134

134

74%

74%

75%

1,407

54

20

20%

Woods

128%

Feb

Dominion

Oilcloth

35

July

Dominion

35

Jun

35

1,725

34%

140

28% Mar
30'A Mar

25%

2,750

21%

Jan

27 % May

21%

315

17

Jan

21% July

Fanny

32

Apr

Fleet

14 % May

Ford

31%

185

27%

Jun

13%

1,205

10%

Jan

,

•

21

23

1,200

13

Jan

23

40

a20

a20

50

18

Jan

20

*

10

10

Feb

Ltd

23

135

8

Du

Pont

Engineering

«

Class

July

1,835

19

225

8%

8%

8%

6,005

7%

:30

32

1,150

26%

Jan

.15%

15%

15

Apr

32

26%

•

.—*
—100

17

Chemical com—1—5
1
J—i—-—5
Steelr Car
—-—♦

16%

12

&

Co common

preferred

4%%

26%

16%

<

26%

26%

26%

class A

Montreal. Locomotive
*

19

22%

19

B

Morgan

j

60

Jan

66

Jun

Jan

27 % July

37,,

national

—r—*

Ltd—x

Mines

Ogllvle

Mills

Flour

Jan

27

Fage-Hersey

27

12%

850

175 *

24%

25

16%

Co

73%

J >*

18

Ltd

Co

33

a9

1'

'

67

12%

*

,

i

42

'

Jan
Feb

75

32 %

26
36 %

5,250

43%

42%

43%

835

38%

40

2,975

15%

16

:

Ltd

•
•

A

class

Sec

Ltd

Corp

com

Co Ltd

Securities

Corp—

Paints

26

Groceterias

*
100

26%

Jan

38

Jun

104

36

56

58%

2,240

Shawinigan Water & Power common—*
series A 4"£
50
preferred

50

49%

50%

2,410

50

49 %

50

490

common

1

Lt

.;

Pow

&

13%

1 98%^ Jan
373A

Jan

39

Lt

Northern Quebec

Feb

i,

6%

July

Class
»

Russell

25

Jan

38 %

July

Sangamo

Co

Jan

29 %

July

Southern

Canada

24

Feb

29

July

Standard

Paving

al8

al8

30

15

May

17

a)8

42

42%

37%

2,594
10

37

*

100

1

—

32%

110

'37

103% 103%

Power——__—•
common

14% Mar

605

21%

21

21%

Jan

May

21% July
42 % July

29

Mar

Stores
ode

__

United Steel

Feb

103% July

23

Jan

33

Jun

31%
.

1,364

2.65

1,400

2.59

Jan

3.45 Mar

12%

32

,
tf..

32

2.60

Ltd-

13

740

11 %

Apr

13% May

w'

——

12%

Corp

Suez

Canal

Tooke

Bros

STOCK

Toronto

EXCHANGE
I

230 Notre

Dame

Local

Branch:

Branch
William

St., New

Iron

Class

-

TROIS-RIVIERES

-

-




'
__

38%
29%

i$

Jun

25

Jan

i-400

5%

Jan

8%

Apr

100
200

8

10%

Feb

15%

Jun

14
14

12

Jan

17

50

,43%

Feb

57% July

20%

2,826

15%

Jan

20 Ya July

69

325

.54%

Jan

a9

175

8%

Apr

57%

'

,

,

25

200
'100

37%
29%

38%
>30

2,430
720

26%

26%

30

110

110

—50

—

64%

111
65

30%

31%

1,074

a90% a90%
al5 al5%

20
135

p

255

*

al5%

—

14%

14%

100

140

140

Materials Ltd_,— *

—

25%

25%

*

—

a9
198

a9
198

53
50
35
50

*
pfd—100

6%

class

B

*

—

al7% al7%

75

60c

60c

1,100

2.50

2.50

256

21%
21%
40%

21%
21%
42%

50
65

42%

40
*

44
26'A

43%
25%

44
26'A

125

——*

41%

41%

42

1,605

*

al5

al5 al5%

335

*

al7%

21%

*
•

Oil Pipe Line

Canada

(LE)

ST. JOHNS, P. Q.

B

•

Co Ltd

—.

—

—

10%

;

a21
a21
32

Ltd

—

a21
a2i
32

*

Ltd—,.—5

—

w-

675

350

10%

*

Ltd
Breweries

150
i

25

,

-10%

Apr

101

5% May
7.00
1.40

Jun
Jan

1

Corp

Mines

Ltd

Mines Ltd

Lead

Mines

Ltd

Sulphur Mining Corp

Metals

Corp

Sulphur &

Ltd

Iron

3.60

3.60

—

7.45

7.65

1
.-*
—1

16%c
2.60
6 Ac

25c
2.75

6%c

1
1

He

25c
2.64
—

7%c
42%c42 /2c
10%c
11c

1,420

33,500

o'fnn

500
5'433

Apr

July
Apr

9.25 Mar
2.30

July

Jan

38% July

24%

Jan

30

May

22

Jan

26%

July

50%

Apr

^

*'52% May
7%

Jun

7

Jun

110

July

114

Jun

Jan

65

July

56 %

Feb

33

May

36

Jan

96

July

15

Jun

19%

13%

14% July
124

Jan

20% May
a—

—

198

Jun

17

Mar

40c
2.50

Feb
Jan

21% July
21 %

July

Feb

'19% Feb
140

July

26

July

a__

198

177A

—

Jun
Jun

60c

Apr

2.50

Jan

21% July
23

Jun

32%

Jan

42% July

40%

Jna

44

July
May

20

Jan

30

33 V*

Jan

43

July

13

Feb

15

July

10%

Apr

9%

Jun

20%

Jan

23

17%

Jan

22

Jun

Mar

33

Jun

30

2.85 Mar

3.60

—1

9%

28

Stocks—

Mining

Uranium

Anacon

Ascot

class

Pen

Hotel

Ltd

—

' July

8% May',

Jan

88

^160

a5%
7%
2.30

89

'Jun

10

82

101

a5%
7%
2.30

1st pfd-^100

-J.

July

5.25 May

Jan

Jan

70

Corp class A__

Canada

Aconic

-

27% July
47

''' July

,22s
70

Ltd

Works

of

Ameranium

CHICOUTIMI

July

9

7

—

Corporation

Algom

York CjtyTHAnover 2-0575

Jun

137

Feb

4.10

Jun

24

101

6
*

Products

Atlas

For footnotes see page 43

1.15
33

Jan

19

Apr

100

13

52

preferred—

Gas

Mining

Square

Office:

SHERBROOKE

.

7

A

red

Arnora

QUEBEC

24

al0% al0%
—

*

Windsor

•

Phillips

a8%

a8%

common

Ltd

Westeel

PL-9501

1203

-

52

pfd

Ltd

Western

St. West, Montreal

Telephone

62

2.20 May

Jan

Jan-

31

Feb

25

12JA

—

Founders Shares—

Co

Traders Fihance

Waterman

EXCHANGE

STOCK

125

—

pfd

United

EXCHANGE

TORONTO
CANADIAN

5%

*

Petroleum Ltd

Supertest

Union

HART

STOCK

MONTREAL

MEMBERS:
1

10

—5o

Ltd

Power

&

Co

Screw

5%.

&

a47

—

Ltd-

Trans Mountain

SAVARD

a47
5%

—

22%

Mar

104

25
6,085

37% July

101

,

Stowell

Red

Thrift

137
27%

10

Ltd

Ltd

Industries

23%

preferred

Feb

May

50

38 Ve

i

-*

190

Supertest

25%

—
< 14
14
57% "
56%
20%
,19%

5
—*

A

825

Canada

1,535
57

1.00

July

35% July

Jun

31%

May

43

—

1.20

July

a—

Jan

60c

69

,

10

2nd

29

com—*
,

of Canada

63%

8

*

—

Canada 6%

part

C

38%

no

1,485

—

Quebec Telephone Corp common——5

58% July

.July

N

29%

southern

91%

24

*

Power pfd

Stores

Power Corp of

Feb

50

Service

28

ei0»i

21

Jan

15 %

Feb

21

4

12%

*

com

Pwr Co

&

29

Canada

*

—

pfd—10

Ltd

Ltd

Corporation

38'/a

of

common

trust ctfs

25%

26% July
a

25
5,780

24

i.-'f.iS

Minnesota & Ontario Paper Co

<May

53

Jan

44%

.'

104
.,

Jun

36

27% Jan

a90

137

~

Ltd

Co

L

•

Williams

Mar

25%

*__•

Ltd.

Canada

of

*
Simon (Hi & Sons common*
Simpsons Ltd
*—_—0

*

Breweries

Apr

12

1.00
31%

27%

1
-1

Ltd

Co

Paper

Paul

10y2

104

Voting

20

85
95
13,045

12%

(Walter M)

Distilleries

Melchers

Newfoundland

23

104

;

590
400

34%
42 %
33 %

88 %

1.00

class B—'«

Ltd

Co

Preferred

26% July

58 %

Sherwin

47'A

341

._*

Milling C« Ltd;

Leaf

Moore

Jan

*

pfd

Jan

-

Mica

Apr'

Jan

Jan

—

July

55

23
14'A

20

Power & Paper Co

MacLaren

36% July

13%

100

4%%

Jan

22

J&n

31%

195

Corp

Feb

29%

Jan

35

1,930

Power

26 %

Jan

a—

Jan

46%

"

35

Lawrence

1
;

t

625

113A

St

74%

715

11

Saguenay

__

88%

cl A—*

(Can) Dtd

Paints (Can>- Ltd—
-preferred-'
-

cum

Mersey

43% Julyr
41% July
1'6
Apr

34

Ltd

v

Apr

47%

Apr
Apr

24 ■*' Mar

175

35

39%

common.

25%

Jan

Jun

40%
34

a90

Inc—1

Shops

Can

of

Lowney Co Ltd
t

30% Mar

60

24%

common

Co

J'/---

a__

Jun

75c

i

Jun

22%

40

35

Oil

Jan

75c

Apr

9%

a22% a22%
1.80
1.90

50

«jl.

Alfred, Inc.,
Participating class B

July
...

33 - May

250

11%

Royalite

70

34%
42
32 %

42 %

com_

*
*

LoblaW

26% May

160

67

41%

42

26

Paper

3.75

Jan
Jan

6%

Jun

30

Feb

3.35

23
14'A

—

•

Dauch Paper

Mexican

Power

Holland

Apr

39

Feb

-17% July

Mar

46%

*

Interprovincial Utilities Ltd

13% May
,38

80

*

Quebec

a9
a75c

a22% a22%
54
55

.

54%

*

6'/,

July

Feb

24% July
58

*450

a23

36 Va

Transport:

Provincial

3.65
64

13

20

International

May

32 %

967

a23

—*

power* Corp of Canada.
&

29%

64

•

International

'

Jan

Jan

9%

50

37%

72%
32%

—1—j—— *

Powell River Company
Bros

al7%

103% July

Jun

12

1,435

-25

37%

73%

Placer Development*,

Price

12%

-

July

Jan

100

13%

*

"Tubes

comihon

5.25

Apr

3.60

3.65

Jan

145
5
100
320
25
50
60
25
5,027

10 %

29%

__

2.50

11

a 17%

__

Ltd

Candy

Hydro-Electric

July

Feb

16% May

830

175

Feb
Jun

19

11

5

Steel

Manufacturing
Motor

Hinde &

Jun

15%

12

*

common

Ontario Steel Products———
Penmans

5%

Jun

a3.00 a3.00

a75c

Ltd

Works

Sec

preferred
Farmer

Maple

'%*

4%

16% Mar

23 %

13%

_—

Niagara Wire Weaving
Noranda

*

4%

4%

•

Lambert,

-r

37

57

Apr

61

Feb

Great Lakes Paper Co Ltd com

9% May

Jan

23

544

525

17

/V 17

150

,114
:

103 103%

Drug &

Preferred

,

Jan
Feb

51%

•

Canada

Foreigrt Power
6% red pfd_

July
July

"

National
>
""

53%
31%

23%

& Linoleum

Structural
of

7 % %

July

23

Apr

21%

19

(Robtl
Breweries

Molson

Jan

18

22%

*

priority

Ltd

Massey-Harri8-Ferguson
MeCoil Frontenac OilMitchell

17%

class B_*

Bloedel Exports

&

Corp

Apr

25

Goodyear Tire & Rub of Canad Ltd
MacMillan
Mailman

19%

10% July

*

B

Bros

Dominion

34

31

Jan

15
1,009

—*
cl

Magnesium Ltd

Dominion

13%

17

66

A—*

com

Sec

Corp—

Jun

31

52

al2
5'A

*

Apr

13%

106% July

66

0

B

Corp,Ltd

PaDer

95

*
A

Ltd

Standard

Div

26%

—*

common

14% July

Jan

Jan

8%

Jun

34%

21%

Enterprises

75% July

Jan

21%

class

135%

Mar

25%

Jan

88

49%

59

100

Jan

78

5

100
65

Mar

10

Jan

al2

*

A

class

Adver

Gen

Zellerbach

Crown

19

*

119

37
59

*

Preferred

215

25

Acceptance

25

61

37

Jan

a__

—

July
July
July

*

Consolidated

42% July

Jan

class

Products Ltd

Neon

630

35

(John)

6,997

34%

61

37

*

Co

Preferred

95

95

34%

Preferred

Lewis

42%

95

Lines

Pipe

Limited

of

42%

Corp common__5
25

Utilities

Preferred

*

450

*

Power

Laxe

4,905

•

International

Laurentide

45

44%

100

preferred

International

Labatt

44
44

40

Canada

of

44%

common—*

preferred

\

Ltd

Inv

Lumber

B

Claude

Oil

*

*

Food

Class

&

Western

•

Imperial

61

1

Marconi

Power

Canadian

50

Smith

12.00 preferred

Apr

*
*

B

Ltd-

Co

Canadian

July

!

t

Hudson

1,638

-

7'A May
10

_5

I^tdi

Ltd

& Dock Co Ltd
Investments Ltd

Gen

Paper common-

Howard

19

*'

Canadian Dredge

Jun

July

Canadian

Gypsum Lime & Alabastine

19

19

•

Sugar

Malting Co
Packers

Jan

32%

Dominion

&

78% July

Jan

10%
100

Canada

Canada

53

Jan

59

74

55

Apr

6% July

Feb

35

275

102

110%

Jan

5%

2,000

28,820
493
103

*

preferred

2nd

9
a—

5

14 14%
105 106%
a50 a51%

14%
106%
a51%

10% July

Jan

6% May

9

all% all%

1
•
*

common

preferred

32% July

Jan-

25

32 %
10%

High

*

Low

High

26 % July

Jan

104

150

.52

\

•—

5

•

__—

20%

3,535

*

;

Motors

General Steel Wares common

I 5%

26%

-

__

3

-

25

all0%all0%

__

jun

3.30 July

July

\ Sales
for Week

of Prices

a7%

__

class B_*

Columbia Packers Ltd

$5 conv 1st

$3.00
5%

*
_100
20

Bros

24%

20%

Jan

2.40

July

Exchange

31%
10%

32%
10%

•
5

& Paper

Ltd
Belding-Corticelli Limited com
Belgium Stores Ltd 5% pfdj

Beatty

19%

24%

24%

•

Eraser

common

11%

9% Mar

475

\ V

Jun-

40

Fundi

Low

Par

Anglo-Canadian Pulp

17%

1

Canadian Corp

Foundation Co of Canada common

Gatine&u

July

42'A July

Jan

31% Mar

Range

,

Sale Price

^

;

Mar

8

Last

STOCKS

23 % July

_•

Ltd

47% July

Jan"

33

2,148

Week's

Friday

July

*300

1

Players

Jan

36

48,630

,

13 % May

9% Mar

11

.

,

—

_10

A-Ji

Dominion

■■

19% May
15

26

Corp

Co's

Jun

48% July

46

47

—

'

Electrolux

July

10

26%

Jan

49

'

103% July

8%

;

Eddy Paper Co class A pfd

Jan

20

Apr
Feb

7%
20%;

Jun

102% July

Jan

96

50

-Jun

19% July
8% Feb

Apr

6% July
12% Mar

•

Ltd

Brewery

27% Mar

181

'

Dow

Jun

*

•

common

—

Rights

__

*

Ltd

Bros

59%

44
46
102% 102%

58%

Jun

al4 al4%

•

preferred

Dominion

45

Jan

12

2.50

14%'

Dominion Tar & Chemical common

Donohue

46

47%

Feb

60%

a20

10

14

com

Coal

855

.10

14%

*

Ltd

285

26

Canadienne

May

23 %

Stores

275

10

25'A

.

29% May

common

Steel

a20

110

26

July

Feb

25
Steel

&

15

21%

100

Dominion
Red

13

6,174

■'• ■'

pfd

al9

10

common

High

Low
10

675

Banks—

Jan

26 %

common

6%

Dominion

I

100

11%

Range Since Jan. 1

High

11%

*

—

Nova

42

'

[

Preferred

Dominion

Montreal

11%

25%

Dominion Corsets

Dominion

62% July

7% Mar

Low

11%
59%
46

-10

22% May
27% July

Jan

Jan

'

al3

Bridge
Coal

'700

14 34

Jan

60

26%

Co_

'f

...

Dominion

8

U4%

Seagrams

Dominion

7%

Limited

17%

12

'

•

2

Seal

&

"

••

.

100

14%

...iw...™..

Distillers

2,580
4,080

62%

Ltd

Zellers

Jun

Shares

—•

preferred

Wilsils

•

1;

:

19

273/4

27%

Jan

common

Winnipeg Central Gas_

•
•

_

a

Cork

Crown

.

Smelting

&

20%

26

-

7%

•

Kcuipment

4,108

26%

18%

18%
27%

*

IB Jl
Mining

Consol
'

pfd

;

25%

62 %

10
•

Ltd

Vickers

Corp

100

.

105% July

Jan

10

105% 105%

\

25%

29

Railway

Petrolina

"onadian

Chrysler

,

(Geo)

4%%

Jan

17

Jan

"

for Week

•
•
•
—100
*

WalxeY Goodorham & Works
Weston

Feb

19

Feb

12%

240

Jan

24 %

Apr

Range

Par

•

Wabasso Cotton

25% July

July

-

15

25
*

15%

9%

May

20 %

8,810

a24% a24 %

Companies

7

,800

i

-

High

Low

Sales

Week's
of Prices

Last
Sale Price

Range Since Jan. 1

Shares

8%

21%

—

Friday
STOCKS

High

8

23

—*

Locomotive

Canadian
.Canadian

8%

\

com

Canadian Fairbanks

Low

23

for Week

of Prices

Par

JULY

WEEK ENDED

Sales

Week's

4.00 May

10 %c

Jan

2.52

Feb

6c

Mar

3.65

Mar

Jun

8.00 July
31c

3.80

Jan
Jan

11c

Jan

38c

Mar

63c

Apr

10c

July

35c

Feb

40

The Commercial and Financial Chronicle

(384)

,

.

Monday, July 26, 1954

.

CANADIAN MARKETS
*r
RANGE

FOR

WEEK

ENDED

JULY

23
1

.

(Cont.)

Canadian Stock Exchange

Last

STOCKS

Mines Ltd
—
Bellechasse Mining Corp Ltd
Metals Ltd

Rare

Low

500

86c

3,100

2.90 May
75c
July
31c

36c

36c

38c

3,000

2.05

2.05

2.05

17,950

—1

Lld_,

16c

13c

16c

48,000

11%

10 %

11%

1,500

23c

21c

29c

60,800

5.50

Feb

July

Min

Smelting Corp Ltd.l

&

Uranium

Calumet

Ltd

Mines

3.35

Mines Ltd——1

Campbell Chibougamau
Carnegie Min^s Ltd

1

Long

Jan

2.80

Merrill

Feb

17c

Apr

12%

Jan

Cassiar Asbestos
Dev

&

Chemical

Mining

Research

Cobalt

Consolidated

Gold

Dominion

Ltd,—

6:20

1,650

6.00

10.812

2.78

Feb

Jan

5c

1,000

5c

a88c

200

83c
10e

Feb

Jan

2.78

May

3,500

1.24

1.24

200

Apr

ll%c

July

July

10c 10'Ac

10c

Mines Ltd—_—X

5c

a88c

—-1

13,000

70c

Jun

5c

July

1.37

2,000

ll%c

Apr

2,900

5.90

Jan

8.00

Apr

ai.15

50

1.26

Jan

1.56

1.99

10O

1.82

1.31

1.31

500

1.25 July

Oil Ltd—

Dominion

90c

8c

July

1.95

1.31

1.45

1,575

1.25

Jan

1.80 Mar.

1.82

1.86

9,300

1.24

Jun

1.86

1

45c

45c

61c

5,000

Co — -————.—■—>
Petroleums Ltd
*

Quebec

Oils

Development
Petroleums Ltd

23c

Jun

80c

*

2.33

2.24

2.33

Petrol-Chemical

1

65c

65c

68c

9,900

50c

May

95c

Ltd

1

79c

60c

79c

165,382

58c

July

84c

60c

70c

5,500

Sapphire

Oils

Tri-Tor

Oil

Westburne

Ltd—:—

Co

Jan

.186

Oil

Pontiac

Trlcan

Feb

2.68 May

Jan

700

1.60 May

55c

2.41

Jan

75c

July

20c

20c

3,500

20c

July

41'Ac

2Gc

3,500

24c

July

55c

May

1

4.00

3.90

4.00

.1
—1

2.80

2.62

Toronto Stock

Jan

25c

Jun

Jan
Jan:

Mar

Exchange

Canadian Fund*
East

Sullivan

Eastern

Mines Ltd

—

Metals Corp Ltd
i
Smelting <fe Refilling.-.

Eastern

7ipc

500

762

3.60

5.500

2.90

4,300

4.50

Jan

75c

Apr

Feb

1.42

3.10

Apr

Range

Sale Price
Fab

Metal

Mines

Falconbridge

Nickel

Fen'more

Iron

Frobisher

Limited

Oiii

Por

Gold

Hollinger

Ltd—

Gold

Cons

Gold

4.00

Ltd-*

Metals

33c

1

Ltd

Mines

5

500

Apr

4.05

500

3.85 July

5.15

Feb

7,600

£.40

1,35J

15%

1,052

8c

8c

500

1

2.15

2.10

2.20

48c

46c

55c

17c

I I d

Jardun

1

26c

10,000

17c

Jan

38c

May

63 e

25,900

42c

Jun

70c

July

__1

Ltd——Ltd—

4c

4c

500

1

18

18

303

—

Labrador Mining & Explor Co

Ltd—1

Mines

Ltd

——

Uranium

Louvicourt

Ltd

■9c

Mar

17c

Jan-

13c

Apr

28c

Jan

Jan

10% Mar

500
150

6c

1.000

5'Ac

Feb

10%c

7c

1

9.05

5.55

6c

8c

7,400

3c

Jun

11c

7.50

5.35 May

36 %c 36 !4c

__1

—

1,000

3,003

8.95

7c

*

Ltd—

Mines

Goldfields

Ltd

Jan

Apr

5.55

1

Ltd..I

Ling,side Copper Mining Co

7c

18%

Feb

9c

9c

9.05

Mines

Jun

3c
17

13c 13 %c

9c

,

13c

Lorado

13 %c Mar

Jun

55c

Mines

Zinc

Mines

8c

Apr

24'Ac

1

Lavalie

3.35 Mar
89c

July

25c

Ltd

Shore

1.99 July
39c

58c

Keyboycon Mines Ltd .A—

L£ke

Jan

1

Gold

Lead

Apr

12c

July

Ltd————

Kenni'ayo Yukon Mines

Kontiki

Jan

16%

Jan

5c

1,039

Apr

11

1

Mines

Kerr-Addison

9c

44c

voting trustt.

Mines Ltd

Joiiet-Quebec

8'Ac

2,500

36 %c

19c 19 %c

19 c

&

Power

Acadia-Atlantic
Class

7,000

Acme

&

Oil——__,

13c

6.00

Jan

Apr
July

1.19

Jan

Jan

27'/ac

Ltd,—

Mines

„1

Mclntyre-Porcupine Mines Ltd
island Mining Lid—

Mining Corp

of

New
New
New

Nib

of

Larder

"U"

Louvre

15

15%

1,050

10%

25c

25C

25c

2.530

19c

May

1

62 c

62c

66c

6,400

60c

Jun

*

—

Mines

Canada

Island

Ltd

Mines

Mines

Obalski

:____1

(1945)

—

Apr
July

15 Ms July

feb

25c

July

1.75 Mar

1,600

90c

Jun

1.05

Jan

5c

1,003

2%c

Jun

5%c

Jan

25C

2,900

17c

Jan

35c

Jun

8c

8%c

10,000

13c

13c

4,000

8c

—1

17c

17c

■

__

17c
2.35

3,700

19c

21c

4,500

Jun

9c

July

9c

200

2.10

2.35

1

—1

6 'Ac

May

16c

Jan

ll%cMar

Jan

23c
2.53

Mar

Jun

34c

Jan

1.10
13c

Jan

Pato

Mines

Cons

Preston

Ltd

Gold

East

1

Dredging Ltd—.

Dome

Mines

20c

Ltd—

4.00

,1

Quebec Chibougamau Gold Fields Ltd

1

Quebec Copper Corp Ltd
Labrador Devel Co

1

Ltd

Quebec Smelting & Refining Ltd—1
Quebec Yellowknife Gold Mines Ltd—1
Quemont Mining Corp Ltd
*
Radiore Uranium Mines Ltd
Uran,um

Sherritt-Gordon
Siscoe

Gold

Stadacona
Standard

Mines

Mines

Mines
Gold

Ltd

Mines

2,53 Mar

12c

2,503

65'Ac
10c

95c

May

3,500

7c

3,000

4c

8,500

1,500

14

„.f

8c

Mar

95c

200

3.90

May

1.16 July
18c

y.

5c

Mar

Jan
Jan

Jun
Jun

20

Feb

66c

1.00 July

1.14 Mar

1.58

Jan

3.95

200

38c

38c

500

37c

Feb

43c

Jan

a22c

a22c

34

25c

May

33c

Feb

12c

12c

14 c

4,000

9c

Jan'

25c

Jun

5c

Jun

38c

1

3.75 May

4.25

Apr

Steeloy Mining Corp Ltd
Steep Rock Iron Mines Ltd

5c

5c

1,000

12c

Jan

1

7.70

7.15

7.70

4,700

6.50

Feb

8.60

Sullivan Cons Mines

Apr

1

3.20

3.20

3.30

3,200

1.70

Feb

3.55

Jun

Jun

16c

6 V2 c

14c

Jail

1,495

17

Jan

22

9%c

10c

8,900

9'Ac

Jun

16c

15c

15c

1,000

15c

Jan

20c

100

—

7%

7%

9%

9%

5

51c

55c

5,300

50c

80c

1,700

76c

Jun

85c

92c

17,200

85c

July

150

1.50

200

1

Pacific

Consol—————

1

Leduc

American

pfd——_

Petroleums

class

Auucon

Petroleums

Ankeno

Aquarius

Arjon

200

2.65

2.56

2.79

4%c

5c

5,600

4.50

4.75

pfd

50

22,000

^7c

7%c

—

3%c

22%c

.

22'Ac

1

J

17V2

100

1,500

17%

17%

91

2.50

8%c

48'A
7,c

Jun

13c

F^d

6c

Jan'
Mar'

3%c July

83ic

.

17c

May

35c

35c

July

65c

12'A

Jan

17% July

185

82%

Feb

98

7c

3,500

%c

13 c

11,600

41c

48c

16,750

36c

17'A

18%

355

13c

Jan

July

16c

Jan

May

11c

Jan

Jan

13c

Mar

May

39c

Jan

2.45

Jan

8%c

9c

8,500

8c

12%

12%

615

11c

6c

6c

5,000

6c

9c

8c

9c

8,600

6%c

——_—__.—1

17c

17c

17c

2,686

15c

1

2.00

1.97

2.10

2,350

*

—

9%

9%

200

3.50

3.50

125

9c 11'Ac

8,684

Gold

Electric
Fabric

Apr

8%c

.1

River

Auto

19

12%

-—.—1

common——,

class

A

Mines

,___

—

——

Ltd

1

Minea_i—

—

1 ' *

1

Bailey. Selburn Oil & Gas class A
Oils

1

Bankfield

Consolidated

Bank

Montreal

:Li

1.96 Mar
8

3.50 July
9c

12 %c May "

15c

5,800

3.90

4,385

3.70

Jan

1.75

1.90

6,500

1.73

Feb

5.40

Feb

v,'

2.55 Mar

Toronto—

i-'

5%c

10

45%

45'A

46

1,355

10

:

47%

47

47%

945

42

Jan

48

July

41'A Mar

50

July

1

10

5%c

50Ov

5%c July

8'Ac Jan

35%

48% July

Jan

49

49'A

515

Mines

1

1.02

1.00

1.06

6,025

1.00

Barvue

Mines

1

1.40

1.36

1.40

2,820

1.26 July

40c

40c

41c

1,080

_•

1.90

1.89

1.95

4,600

•

14c

14c

16c

2,500

14c

Feb

•

20c

20c

22c

18,700

20c

*

14%c

14c

18c

23,300

14c

July
July

10

10

200

51'A

51'A

151

28c

31c

3,019

—

Warrants

Barymln Co Ltd
Metals

Mining

Baska Uranium

Aor1

Jan

19%c

Jun,

Barnat

Base

May

4.50 Mar
22c

July

14c

—

10

Apr

3.75

>

50c

*

Jan

63cJan

Mar

Jan

1

—

%c Feb

24c

Jun

Jan

July

15'A

1

(1937)

12

Jun

11c

42c
—

Apr

1,280

—

—10

Jan

53'A May

Jan

46c

—

B

Jan

Mar

1
class

Jan

9c

6.00

July

21c

—1

.__

Feb'

3.80

Feb

4.50

Jan

Jan'

13%

4%c July

___—_——_1

Corp

1.03
23c

July

2,500

98

—

Jan

Apr

61,000

26c

35c 35 %c

—

—_—*

3%c

May
67'A July

8.55 July

15,367

7%c

Mines

of

260

27c

*

1

Auto

Bank

53

26c

52%

„

26c

1

Atlin-Ruffner

of

75c

5,778

& Paper

48

Mar

10 %C

16,965

5c

—_———*

Hardware

Bagamac

22c

4.70

—

Avlllabona

Jan

11'Ac

May

8.20 July

39'A Mar

9,900

:

Mines

Aunor

Feb

36c

3.25 Mar

9,000

102,020

Yellowknife

Aubelle

18'Ac

26'Ac JUly

4,100

26c

•

Mines

Metals

Athona

Jan

22'Ac

13c

common

Armistice

Ashdown

108

92c

Porcupine

Gold

Jan

9.15

Mines

Corp

Jan

104

83c

Mines

Area

46

178

8.55

Cons Res

Argus

1,882

„—.———.1

Pulp

Canadian

525

67

10 %c

*

Feb

41%

11c

Oil

Jan

64

92c

Lead

Anchor

2.15
40c

41

50c

Anglo-Canadian

1.48

1.50 July

107 107%
13c
13c

—

—

Jan

55,430

—

5

Jan

1.00

7.70

25c

A

July

85c

7.20

———.-—1

Yellowknife

Oil

10

Apr

Feb
Aur

Feb

2.000

Ltd———*

Nepheline

American

—

9

Jun

27c

64

1
Larder—„———l

Amalgamated

Amurex

2nd

7% July

Jun

July

26 %c

41

•

—

Canada

of

American

7.40

•

Ltd

Aluminium

—

—1

Algoma Steel
Aluminum

88c

common——.—*

Uranium Mines Ltd

Aigom

—

*

Petroleums

Distillers

Alberta

Banif

8%

July

79c

Yellowknife

Alberta

Atlas

8%

Jan

-

40c

1.39

July

Jan

1.70 May
90c

July

2.00

1 40 Mar

19c

Apr
Anr

Apr

Jan

6 %c

1,255

22

—

-—..

Bank of Nova Scotia

27,500

1.17

,

July

14c

2'Ac Mar

19%

89c

3.90

16c

Apr

8'Ac

1.17

—

3.85

Feb

2,000

3 %c

;___*'

—

4.05 July

96c

8%c

1

Ltd--

36'Ac July

Jan

19%

1

Ltd—

(1944)

500

July

3.50

10c 11'Ac

--

.

1

Ltd

3.70

20c

:

l

Ltd

Mines

1,400

93c

93c
..

Rix-Athabasca

2,000

4.00

11c

1

Quebec

20c

4.00
3.65

1

1

8%

55c

Aumacho

Parbec

6 Va

7"%

9%

Albermont

Ascot

High
23'A

Jan

*

Akaitcho

Aye*

9'Ac

*

common

Preferred

90c

l

_

Ltd

35c

5C

(Quebec) Ltd

Mines

66

Feb

1

Ltd

Uranium

Jan

20c

25c

1

:

Opemiska Copper Mines
Orchan

90c

Apr

54%

«.

Ltd

Ltd

55c

Apr

625

8,500

Pacific Coal & Oils Ltd..—
Yellowknife Mines Ltd——

Nocana

39c

15,000

62

35c

„—1

Canada

Corp

44 c

61

32c

16%

10

Jun

33 %c

1

Mogador Mines Ltd
Molybdenite

44c

1

Merrill

10,819

Petroleums—————..—-•

Agnew-Surpass
AJax

Ausr'o

July

Low

23

21->4

1

*

Range Since Jan. 1

High

22%

8%

*

—

Gas

22%

*

common

A

Anglo Rouyn
Mackeno

•

Paper common

Preferred

12

42,500

Mines

Mar

8.55 Mar

1,900

1

Jaciilet

Abltibi

Acadia-Uranium

34c

Lso

Mines—_—___

July

67%c

Inspiration Mining & Dev Co—
Uranium

18

Feb

Shares

Low

Par

Jan

43%c July

15%

—

14%

1,050

35c

July

6,500

8.95

15%

17c

c

33 c

—

Ltd— _____1

Mines

18%

43 %c 44',4

—_—*

_———

Mines

Hudson-Rand

18

43 %C

17c

17%

*

Ltd..

Mines

17c

;—1

Ltd

Mines

Mines

Uranium

Gunner

1

.

for Week

of Prices

Last

stocks

Sales

Week's

Friday

Jan

Jun

2.40

Tazin

Mines

Tiblemont

Ltd

Gold

Trans-Dominion
Mines

Ltd

1

Ltd

8c

9c

6 %

c

2,000

7c

1,000

4'/aC May
1.25 Mar

1.72

Jun

1.14

2.10

Bathurst Power class

Mines

United

Ltd

2,500

80,650

10c 10'Ac

5,000

10c

Mar

18c

Apr

1,500

10c

Mar

30c

Jan

United

Montauban

Vlolamac

500

22c

22c

500

*

17

17%

200

Mines

Mines

Oils

3.40
22c

Feb

4.45 July
1.00 Jan

July

14%

Feb

20

Ltd—

1.65

1.63

1.65

1,000

1

Copper

25c

23c

25c

20,000

20c

July

38c

Jan

2,000

5c

Apr

15c

May

1.61 July

Bell

Mining
Telephone

Berens

10c

10c 10 Vac

Ltd.l

70c

63c

73c

7,800

38c

2.15

Mar

2 VaC

2%c

2,000

2c

Feb

*

1

Jan

^ 92c Mar
4c

Jan

Corp

7'A

1

3.75

__25

^

43%-

_!

River

10c

1

Gambia

Mines.

Bevcourt

*

oil

Co

Petroleums Ltd

32c

32c

500

—•

Lid—

4.55

4.75

600

19%c 21'Ac

6,500

1

_

Bailey Selburn Oils & Gas class A

19 %c

_i

3.75

3.85

25c

25c

11%
3.90
3.00

44%

10c 13'Ac

51JA July

Jan

6%

Feb

50c

7'A

,

5.50

2.90 May

Bobjo

Canadian
Central

Central

Leduc

Consol

Del

Federated
Gaspe

Apr

50c

Jan

55,620

37c

July

13,352

39'A

Jan

44% July

21,075

9c

Jun

24c

Bonville

42c

May

72c

Jan

6,000

15c

Mar

43c

Jan

18c

19'Ac

23,600

35c

Jan

8c

10c

4,500

—

5%c

5'Ac

8,100

5%c July

22'Ac

24c

3,850

22c

10c

1

23c

1

Gold

11c

1

July,
July

40c

13%

Cordage
Traction

__

8c

42c

Feb

5.35

9,100

Jun

25c

3,000

6c

July

10c

Jan

8c

5,500

7c

July

20c

Mar

3.50

3.50

3.35

15

15

15

1.105

13 V*

•

8

8

8'A

7,549

6%

880

2.95

4.25 Mar

Jan

15%

Jun

Jan

9%

Apr

Feb

Home

Jasper

Ltd

Petroleums

Oils

Sweet

Oil

Oil

>
;

1-

—-l

29c

•

-

Inc

_—l

;

Ltd——

Ltd

—_*

—

—

1.38,

„_(r-

Ltd
Grass

Co

-

1.60

4.65

4.65

1.40

*'

1.41
29c

5,000

1.20

2,900

38V4C

4'0c

5,600

3.35

3.35

Ltd..

1

600

,1.15
1.22

.Ltd__J_—

Com




1,40

l!75

_

500

1.75

48c

1.15 July
38c

July

3.35 July
40c

Jun

llo

1O0

7,000

-

July

1.01

1

2.50

Wall

45c

Company Inc.

Street, New York 5, N. Y.

Jan

Feb

Gertrdner & Company Limited

20

Feb

Members: The Investment Dealers'

5.00 Mar

1.60 July
21c

CANADIAN

SECURITIES

Associstion of Canada

-

Investment Bankers Association
of America
<-

-

Gairdner,Son fif Company
Members: The Toronto
Stock Exchange

Montreal Stock Exchange
Canadian Stock Exchange

Jan

1.37 Mar

10 %. Mar

"

3.9(1

WHitehall 4-5335

Canadian Affiliates

2.25
)

—

Feb

Apr

1.25 Mar

40

5.65 Mar

"7.75. July

*

Gairdner 8

Jan

2.95 Mar

*

1,000

7.85"

Jan

1.40 July
22c
May

15,750

1.72

'Ac July

1.40 Mar
4.00

4,350

lie

1,.22

7.85
,

21

1,500

25c

lie

Oils

.

l',000
<v

'

4.35 Mar

Feb

Wirt system to

all offsets

Jan

Apr.

Feb

5.50 Mar

Mar

12c

Apr

3uc

ADr

9% May

7'Ac

*

A

14c

11c

*

class

ordinary.,

Feb

July

6'Ac

Jan

Jan

Mine

18c

7c

1

Brazilian

3.00 July

1,000

1.60
■

Apr

500

20c

19c

Bordulac

Brantford

3.85 July

100""

'145

Ltd—1

Minerals

Oil .Ventures

Gateway
Great

&

21 'Ac 21 %c

—

-

Ltd_„_—

Oils

Pioducers
Oil

Petroleum--

Ltd——

Oils

Cordasun

Rio

*moire

Devonian

Explprers

3.00

Feb
Jun

76c

Feb

50c

1

1

Mines

Apr

3.75

9

Mar

40c

♦

11%

Jan

Mar

18c

__

1

Mines

Kirkland

Jan

25c

1,200

3.00

5.60

Jan

2,320

3.85

69c

19 %c

1,000

11%

Jan

4.55 July

800

.Calalta' Petroleums Ltd
25c
Calgary & Edmonton Corporation Ltd_*
Calvan Petroleums Ltd
)
♦
Canada
Gils Lands Ltd——
„_*
Canadian Admiral Oils Ltd
1_
_>

23c

50c

43%

10

Jan

800

4,000

41'A

18c

4,300

48c

64c

27'Ac Feb

Apr

50c

•

Gold

Yukon

Bidgood

Bralorne

Limited

7'A
4.00

37c

1

-_

Mines

7
3.75
46c

„

Boymar

"v

Anglo-Canadian

28c

•

Lodge-

Bellekeno

Bibis

1

__

,

9'A

May

1
&

Stocks—

Antone

4.00

,

Wendell Mineral Products Ltd
Western Tungsten Copper Mines

Oil

3.90

—1

Ltd-:

t

Pyrite

Westville

3.95

Beta

Ventures Ltd

Weeden

1

Mines

11 %c 12 %c

*

*

*

1.50
2.10

r

A

Beaver

1.45
2.09

Asbestos. Corp Ltd

*

Jun

1.50
2.10

1

Ltd

«^Innes class A—;

1

1

Apr

Mines

Petroleums

Beattie-Duquesne
Beatty Bros
Beaucage Mines Ltd_

_1

Mining & Oil

Ltd——

Bata
Bates

Belcher

Uddlen

Altex

■

•

Fields

Tobrit Silver Mines

Trebor

1

;

July

Jan

1

Ltd..—

Jan

8c

7.00

1.24 July

—1

Ltd

Mines

&

1.80

Jan

2Qc

1.02 July

High

1.05 July

al.15

1

Ltd

Oils

200

8c

May

6.50

1.65 May
43c May

56c

Jan

4c

6'Ac Jun

9,000

Plumps

45c

Mar

55c

55c

Mines Ltd.—.—. 2

Mines

Asbestos

2c

2.57

Ltd——lv

Corp

Mining

Candego

Consolidated Mosher

D'Eldona

2.60

30c

British

Okalta

1.05

7.00

7.00

1

Ltd—

Oils

Bristol

3.45 July

2.70 Mar

4,700
3,500

a3c a6'Ac

a5c

50c
-1

Ltd—.

Mines

Consol

—*

Corp

Explorers

Chibougamau
Citra-Lartic

Ltd—

Co

3,300

31c
2 %C

6.00

Corporation Limited.*

Celta

Mines

3.45

30c

Ltd—__1

Gold

New

2.35 May

July

Low

1.99

Ltd

Petroleums

July

9

14c

Range Since Jan. 1

High.

1.05

——!
Island Petroleums Ltd—..
—1

Feb

60c

5c

2%c

—

.—

Cartier-Malartic

Low

Kroy Oils Ltd—

New

Brunswick

Shares

Jun

1.04

2.00 May

for Week

of Prices

Par

High

4.15

*

vtc

Mines

Gold

Bouscatilllac

High

Sales

Range

Sale Price

Range Since Jan, 1

83c

86c

_•—1
^.td———1;

Mines

Gold

Boreal

Shares

3.80

]•

Beaucage

of Prices

Week's

Last

STOCKS

for Week

Low

■

Friday

Sales

Range

Sale Price
Par

Belville

Week's

Friday

(385)

The Commercial and Financial Chronicle

Number 5345

yolume 180

41
v

CANADIAN MARKETS
FOR

RANGE

Sale Price
Par

6c

6c

4,000

—5Q

Bridge & Tank Co

50

49%

50

325

1.93

2.00

3,900

3.75

4.30

6,255

3.55

Feb
Jan

25

24%

25%

6,567

20%

Jan

26% May

92%

92%

93%

270

78

Jan

93% July

4%%

_100

101%

102

315

90

Jan

102% May

5%

„5»

52%

53

287

48

Jan

preferred
preferred

Columbia

British

•

•

Oil

Consolidated Mining

—1

—

176

13

Jan

17

Jun

Consolidated

5,945

17%

Jan

23%

jun

92,500

16 %c

'~T;

3,750

1.40

27c

——'

1.40

1.49

'

1,750

1.61

2.18

38,916

25%

26 %

1.00

1.32

188,265

93c

18c 22%c

133,921

10c

22c

Consolidated Peak Oils

22c

16c

7% July

Jan

7%

22%

23c

15c

26%

Mosher

15%

5%

7,190

Nicholson

7%

8,345

2.60

1.80

& Smelting

Consolidated

21%

22%

I—1

Mines

Reef

Jun

54

15%

7%

«

A-

Power

Empire

Broulan

class

Packers

Columbia

nntish

-

52%

2.54

Oils Ltd

Consolidated

British Columbia Forest Products
British

101%
.

8c

';

Consolidated Micmac

Oil

25c

Lead

pfd— lioo

American

British

British Columbia Electric 4%

950

9,550

2.60

July

Bruck

class

Mills

Brunhurst

A

t

Mines

Brunsman
Brunston

Ltd
Ltd_

_

_

Mining

Brunswick

_

■

•

110

8c

.6,800

Apr

10c

2,500

7 V2c Mar

13c

Jan

18c

3,500

14c

Jan

25c

May

11%

4,035

9

Mar

13

*

!

-

Feb

ll%c

Apr

10c

Jun

20c

Apr

47c

Mar

1.05

5c

6c

7,000

5c

July

11 %c

Jan

2.34

2.55

1,922

96c

Jan

2.65

July

22%

23%

12,740

5%c

5%c

5%c

1,100

5%C July

9c

Jan

18c

16c

18c

7,897

15c

Jan

29c

Pen

Cosmos

4c

4%c

2,500

3%c May

6c

Jan

Buffalo

Buffalo

Red

45

45%

1,160

35%

Jan

9c

9%C

7,600

8%C

Jun

•

Canadian

.

,

1

Lake

Burlington
Burns

_

—

class

23

_

53%

_

_

•

A

24

165

19%

155

51%

Calgary

195

37 %

8%

340

8;

7

Oil

4,635

Crown

Jun

Crowshore

8%

Canada Cement common

3,500

10c

July

13c
4.15

4,350

3.35

3.45

11,975

8.00

7.75

8.00

1,750

117

116

118

1,048

30%

30%

125

11%

11%

170

Davis

Feb

Feb

Jan

8.50

Jan

120

Feb

28%

Rio

Foils

Class

*

common

Canada

Iron

Life

Canada

Power

21

21%

805

19%

Jan

23

May

Dominion

100

100

10

78%

Jan

100

July

Dominion

61

60%

61

235

51%

Jan

61

July

Dominion

12%

12%

115

10 %

Feb

12% July

2.90

3.10

1.25

1.25

1.75

36 %

36%

38

•

Packers class B

*

July

2.75

Mar

38

1.25

4,600

31

340

Permanent

Canada

Southern

Canada

SS

Canada

Wire

Canadian

Ltd

pfd

Bank of

Canadian

Oil
Commerce

13%

730

12%

100

60 % Mar

67%

2^c

J:

Apr

3.60

,40

41

1,290

26

26%

Canadian

Breweries

Canadian

Canners

•

26%

Apr

Apr

Jun

Car

•

22%

20

22%

Jan

50c

6.25 Mar
42 % Juiy

Jan

4,770

21%

Jan

1,175

22

Apr

30

22%

3,139

16 % Mar

22%

1,640

18% Mar

July

27

21

22

Class A

Celanese

Electrohome

preferred

$1.75

1.36

1.43

30%

29%

30%

Canadian

Food

Products

A

5%

4,555

61c

July

79 %c

Feb

20c

3,100

18c

Feb

27c

70c

Jan

50

Apr

1.51

1.70

29,930

65

67

976

1.75

1.75

1.75

4.25

4.25

10c

—

2.00

2.15

15%

15%

Cos

is %•

_*

common—

preferred

-

-JL80

Gas Reserves

Canadian

Pipe
Salt

Canadian

Tire

Line

Producers

Co

Canadian Vickers

class

National

Canso

Castle

Gas

65

225

102

102

80

27%

26%

27%

5,735

2.30

2.15

2.45

63

63%

1.60

1.40

__100

5.05

•

30c

July

21

Jan
Jan

12

93c

July

7

Feb

45'A

Jun

100%

1,150

Feb

34%

67c

Jan

1.02 Jan
27%

Jun

22% May

Oils

Dragon

Oils

Duvex

&

Jan

102

'■

'

11%

65c

65c

3,300

64 %c July

5.75

6.25

9,055

5.75 July

200

11

350

11

5.00

5,450

1.34

1.47

12,700

Jan

2.39

11
4.45

2.57

I,330
870

3,745
215

6 '/a

6%

22%
6%

41c

40c

46c

25

25

\

:

2.57

Apr

3.70

Jan

El

i

El

32,575

loc

May

83c

55,375

69c

Jun

1.09

Apr

7%c July

11 % c

Feb

70c

300

28%

28%

40

25

25%

25%

50

22 'A

42c

25%

7%c

7%c

19c

19c

f—

-—

7,511

14%

Feb

24%

24%
22 %
1.15

1.15

28%

75

8%c

8%c

3.30

3.25

3.50

6.809

1

43 %c

43c

45C

60,284

lie

lie

500

7

7

25

-20

1.10

1.09

1.15

7,300

93c

May

5,800

82c

July

20

44

43

44

122

5

5

150

Chimo

Circle

Bar

class

Knitting

3,000

4c

6,025

28c

Jan

58 %c

Apr

63c

II,600

40c

Mar

66c

July

52c

55c

1.41

1.36

1.45

48,625

1.02

2.80

2.00

2.85

11,300

1.90

8%

8%

330

1

5%c

5%c

•

70c

70c

Jun

July

7% May

31,125

5%c

5c

Jan

15,753

60c

Jun

"

1

Cochrane-Dunlop

78c

89c

*

Cockshutt
Coin

Farm

class

A

Equipment

Colomac

Yellow

Knife

T

Petroleum

Jan

15%

18

19%

20%

150

4.10

3.95

4.20

65c

70c

10,880
1.810

17c

20c

2,740

30c

32c

14,000

30c

8

9c

9%c

25

26%

1,360

10.25

6,185

7

2,900

5%

53

1,086

35%

Jan

53

July
-July

77%

78

192

58

Jan

78

Juiy

5.00

300

14c

Mar

Central

Cadillac

11%

Jan

10 %c July

Tire

500

175

7

May

63

55

58

Feb

67

12c

13c

8,720

12c

Jun

Great

West

Coal,

class

29c

Jan

Great

West

Coai

class

B

Jan

Gridoil

Jun

4c

May

6c

Feb

Gulf

Jun

44c

Jan

Gulf

Jun

65c

July

Gunnar

Mines

2.20 Mar

Gwillim

Lake

30c

Lake Mines

1

20c

20c

22c

20,500

For footnotes see page




43.

1.83 May

10c

Jan

1,100
34,300

3%C

7,500

3%C

4,000

136

137

49

53

125

29c 32 %c

41,600

18c

20c

38,400

45c

Feb

1.91

3%c

July

48%

Jan

53

July

24c

May

49c

Jan

15c

Feb

29 %C

lfl%

Jan

Feb
Jun

2,500

3.95

Jan

1.01

29%

Jun

7.95

15%
1.30

118,300

7

80

7

5

17%

Apr

1.42 Mar
9 % Mar

4% Mar

2,600

7c

12,600

6%T5

Jun

12c

52

92

45%

Jan

57

52

2

Oil
—

Gold

Lime &

200

6.05

Alabasune

Feb

8.50

9.15

22,558

8.00 Mar

7c

7c

6%c

3,000

fs^.c July

43

41%

43

1,140

32%

9.10

Jan

j

8 % Mar

5

5.80

5.65

Jun

Feb

7c

5.80

,

4.50 July
1

5

9c

Feb

137

4,255

15

July

6c

Jan

97

27

1.21

Jan

7%c Jan

July

4.50

1,550

Feb
Apr
Jan

15c

Apr

3%c July
3c

Feb
Jan

Jan

58c

29 %'C Mar

4.35

Lead

Gypsum

5c

1.35 Mar

25%

—

Freeholu

6c

6,400

40c

% C 12%c

9

52%

A—

Grass

Sweet

6.520

38,922

12 %c

15

Great

19,720

35,463

July

9,725

1.30

Development

Great Plains

5%c
29c

23 %c

9,500

1.55

27

Ut.il

Apr

7%c

2.13

37c

6 'A c

4.50

common-

Jun

7c

46c 51 %c

Gas

July

4%c
25c

1.00

5c

20c

8%

5c

1.92

9.7U

5 %c

1.44

137

4.20

7c

49c

Jan

Jan

Mar

7.70

Apr

30c

Paper

1

28c

Jan

3%c Mar
65c

Jan
Jun

9%c

July

Jun

3%c

Mines

12c

2.09

104

Mar

ll%c

40c

Bousquet

Gramtmes

Northern

64

4c

Apr

16%

Jun

23 %c

50

Lakes

8%

1

Mines

18,925

100

Apr

7.00

4.80 July

10%

8,000

10c

Preferred

Graham

Great

4.20

1

Denison

Discoverv

9,200

71c

7.00

4.95 July

1,000

1.55

—

common

Great

8%

1

Cordasun

Consolidated
Consolidated

8.15

3%c

66c

7 %

12c 12 %c

Mining

Jan

4.10

3,745

8.00

3%c

6»/-> r M"v

42c

1

22c

19.600

Jan
Jan

23 %c 23%c

Mines

_1

Astoria

Consolidated

4 %c

Uranium

3,000

12c

163

5c

:

Porcupine

2,000

1

Oil

Mines

Goldfields

4c

Feb

102%

103

5.55

23 %c

Goldhawk

15c

3.75

470

3%c
68c

Goldora

4c

3%c Mar

103

8.15

Mines

Manitou

Goodyear

Jan

common

Gold

1.20 Feb

14c

"

Golden

Goodflsh

Apr

2,600

11%

4c

1.15 Mar

4c

8%

Jun

Jun

7%

Wares

5.00

11%

Gold

Eagle

Jan

7c

Jan

26% July
13
Fen

12c

1.08

420

Jan

78c

aJn

6%

—

Goldale Mines

1.43

5,100,

25c

Jun

20%

9.70

common

10

Lake

God's

Gold

16% July

Apr

30c

6%

Gold

Mar

Jun

Feb

26

.

4.80

Yellowknife

Giant

July

13%

5.20

1.08 May

Feb

4.95

•

Lake

Geneva

Glenora

65c

50

May

20% July

10.00

.

Preferred

65c

8,775

Apr

19

16 %c

•

•

i

Steel

General

414,748

91c

100
,

3.80 July

30c

July

2.20 May

Jan

17%
20%

Jan

7

Jan

12 %

250

Apr
Apr

23c

Jan

64

common

Petroleum

55c

16%

7%

10.

Allenbee

Gillies

93c-

1.15

1,098

Jan

5.05
68c

Apr

6,700

-v

Class A

Apr

8%c Jan

15c

1

Consolidated

Consolidated

"

Jun

9

5

1.00

1.64 Jan
3.00

11c

91%

ft

II,000

86c

*

Confederation Life

Consolidated

65c

2.78 July

7%c Jan

1

National

Consolidated

80c ~

16%

90c

1
Couper

Commonwealth
Conduits

1

___»

Lake

Coldstream

"

60c

ctfs

Cobalt Consolidated Mining Corp
Cochenour Willians

Jun

203

345,300

1

trust

13%

13

2.78
4%c

Chemical

Voting

Jun

33c 34 %c

_1*

A

5%

2.56

*

Citra-Lartic
Cobalt

July

4%c

1

Gold

Chromium

44

13 %c

May

July
July

88

1

Mines Ltd

General

1.74 Mar

40c

1.75

Feb

88c

Jun

88

—

Feb

82c

7c

Jun

29

3.25 July
-

Apr

28

1.85

•
•

1956)

2.10

Feb

•

Jan

85c

July

•
—

General Bakeries

♦

25

24% July

Jan

26

1,600

V#.July

Jan

19

175

Fen

18

ff;

Jun

1.10

4,900 '

Jan

1.07

52

Geco

1

■

8 %c

Power

Gatineau

Jan

I

25

28%

Jun

25c

Jan

19
20

24%

•

Feb

Apr

1.18

28%

Exploration

Jan

1.52

3,635
2,475

25
24% "

24%

.

a

23 %

19% Mar

25*.

18%

Exploration of Alberta

Feb

10% Mar

.

17%

common

2.50

13

Jan

18%

common

22c

2.67

43c

Jan

•

(extended to June

85c

•

Jun

July

*

Jun

_1

17c

14c

Co

Mar

May

Jan

20

class

13c

4

14 %c

54c

A

pfd__

67c

*

Jan

12,700

24%:

Feb

7c

II,850

—1
25c

Jun

luc

4%c July

95c

Mines.

l,37o

12c

69c

14c 15 %c

A

Gas

Jun

Jan

88c

warrants-

Ltd

Gaitwin

26

15c

——.—•'

Petroleum
Iron

Cos

Apr

Jan

88c

—

Fasteners

Jun

May

—1

-

Feb

6%
31
'

500

23

23

Jan

1.43

Apr

July

7,800

19c

Kirkland

5.75

Apr

"

5c

1

j— —--4---—-*

14,800

Jan

3,666

Feb

4.50

July

4%

8,062

6c

1.17

1

15c

40%

64c

5c

61c

1

70c

.

3.45

Jan

3.55

3,160

74c

Feb

Jan

Jan

1.9C
80c

18,600

3.85

3.85

pfd______—____—-25

68c

l

38,100

1

2.70 July

25c

Chibougamau Explor

11,000

95c

80c

Ltd

Preferred

Frobislier

Jan

:

2.50

88c

88c

9c

2.35

2.44

———10

Falconbtldge Nickel

Fraser

May

Mines

3,500,

7%c

•

ihainous. Players

Foundation

Jun

13,200

24c

4.75

Corn

B

Feb

2ic

23c

4.05

—

Mines

Class

Apr

43c

20c

8c

Fanny Farmer
Fargo: Oils
Ltd
Federal, Grain class

Flash

Mar

25%

72c

Glacier

Eureka

62c

Jan

July

4.50

-

(T H)

Jun

19%

35c

19c

82 %C

1

—

Gold

Sol

Emerald

Jan

6c

Feb

19c

•

±.

Oils

Pen-Rey

Jan

13c

8%

—20

Invest

Elder Mines

7.00

1.45

Apr

Feb

6

22c

1
f.
i

13c

1.34 July

FeD

23%

122C

.

_1

Eddy Paper class A

1.00

11

July

9

% Mar

.

1

Manufacturing

Apr

13 % May
27

Jan

20% Mar

15,100

25

7

2,035

22%

15% July

9% Mar

18%

8,380

—1

Steel.

Motor

3,000

Chesterville

Jan

14%
11%

1

Eastern Metals

67c

50c

11%

14

27

Mines

14c

Wines

Jun

8%

Mines—

Sullivan

East

Eastern

Warrants

4.80

Research

Jan

103%

8

.

Mines

Ford

5,500

Mines

15%

Jan

11

1

Fleet

23c

Chemical

Apr

99%

14%

u——1

Apr

6%c

Cheskirk

13%

65

25

.

Jun

20c

:

200

3, lid

11%

3.55 May

64
3.00

65c

Jun

27% July

Jun

5.00

5% Mar

3.50 July

3.50

l0'/4

103% 103%

.

•

Gas

Nickel

reueraied

6%c

common

39%

27

Minerals

&

Malartic
Rim

July

20c

Steel

July

15

23.50

Amphi

65

1

Chateau-Gai

'

East

Federal

1

Chatco

40

•

1

Trust

1,014

Feb

8%

Brewery

July

Chamberlain Oil

Chartered

May

31

1

1

Oils

Apr

54c

1.70 Mar

Centremaque Gold

Charter

16%

Jun

•

Mines

10

July

1.40

3,075

5.40

Jan

2.01

165

5,100

1.60

Jun

17

1.40

Uranium

Jan

22c

__•

common
..

Dow

Estella

4.15 Mar

5.90

1

—

14Vb

2,650

"

Donalda

Fenimore

1

Porcupine

Lake

Centre

55

65

1

Patricia

Central

100

Oil—

Central Leduc
Central

47,578

10

10

Investments

Explorers

1,575

1,970

•

i

Estabrooks

16% Mar

•

Corp Ltd

Canada

300

1.00

10

1,961

6.50 Mar

3.80 July

4.00

3.50

15%

'■

Jan

15%

38 y4

39%

•

common

Textile

Jan

105% July

1
1

*

Trethewey

Central

18%

S3c

1

Ltd

Gold

Asbestos

Central

18%

94c

♦

A

Oil Producers Ltd

Cariboo

18%

6c

Minerals

Wirebound

Canso

.Cassiar

26

•

Williston

Canadian

25%

*

com

Canadian Utilities pfd (1954 issue)

Canadian

25%

*

;

Corp

-13;500

25
10
1

Railway
Canadian Petrofina Ltd preferred

Canadian

35c —44tr

42c

1

Pacific

i

Jan

'1.55
—

Canadian Oil &
Canadian

;

x

Jan

100

155
560

-

32%

Jun

24

Apr

2.05 Mar

Jun

27%

•

Preferred

Jun

2.79
19

Jan

12 %

320

105 105%
2.80

2.80

Feb

6.75 Mar

Apr

35c // Jan

July

3.75

14% Mar

3,825

15%

15%

105%

100

-

Warrants

50

2.95 Mar
67

Jun

1.75

I,203
-

,

41c

40c

*

4.00

50

4.25

2.00

15%

Oils

"

1.75 July

400

•„

2uc

Jun

1.25

Jan

2.25 Mar

July

12c

7,385

Jun

1.53

____«

-

Homestead

Oil

63c

19 c

*

com

:

:

61c

66%

Locomotive

Canadian

9.60 Mar

61c

*

J?,'
:

—

1.15

1.25

15

3.80

0

Coal

&

Stores

Economic

•»

Canadian Malartic

„

Jan

9%

6.70 July

Petroleum

Devonian

Canadian

.

34% Mar

6% May

6,100

common

Dredge

Class

Feb

1,250

7.10

19c

Canadian

Canadian

29

8%

—3

(Dunsmuir)

Decalta

Canadian

675

32

8

6.75

"Warrants

Canadian

'31

24 % Mar

8%

July
1.00 May

1,300

Jan

Jan

42c

18 %c

5,000
.

Apr

5.00

24%

3.85

15%

100

Steel

Dominion

East

May

7.10

14,000

1.36

Dominion Magnesium

mast

18

_•

Cellulose

&

32

25

.

Chemical

Canadian

Canadian Colleries

Jun

22c

16

Mar

3.25

5,950

___-

Preferred

Juu

23%

1,730

19%

19

19%

•

common—

13

200

Jan

„

22% July
•

Canadian

325

28,200

Dyno Mines
-

common

15

4.50

16c

,__10

Bank

69 % May

July

26%

26%

Canadian

Mar

47% July

Jan

20c

l

July

4.10

32%

18c

1.25

•

Dominion Tar & Chemical com

13%

3.20 July

8,150

26%

•

3.20

41

10

22c

Feb

1.05

2.50

(Western)

Dominion

July

1.80

3,033

24c

3.50

2

58

10c

2

■■

•

♦

Atlantic

Canadian

5,775

67%

*

B

Oil

1.95

13%

13%

_____12.50
class

Cable

Admiral

70

1.80

1

75

May

16,000

25c

July

75

Jan

75

75

20

Petroleum

Lines
&

Mortgage

12c

15c

15c

Foundry & Steel com

Dominion

Canada

Mar

34

Jun

90c

May

56c

4.35 Mar

2.90 July

I,300
-

7c

1.15

Asbestos

21

Warrants

11,100

1.00

Mines

Dome

Dominion

100

•

Oil Lands

Canada

Feb

Jan

*

Assurance

Northern

Canada

July

15

10

.

Malting

Canada

12

13

615

8%c

16c

.

Seagrams

Distillers

10

Foundry

Canada

7% Mar

100

15

14%

*

A

46%

1.19

Minerals

Dome Exploration

Canada

11,670

July

31% May

Jan

76c

9%c Mar

7%c Mar

1.00

Ltd

Devon-Leduc

84

500

14

20C

Ltd

Mines

Producers

Del

Detta

Feb

2,200

12c

15

A

Delnite Mines

Jun

Jan

8c

Feb

6c

8c

13c

class

Gold

5.50 Mar

6.70

5%c

Jun

3uc

7%c

4.50

3.45

July

11% July

July

46%

—

B

2.35 Mar

3.85

13%

Jan

9

17c

70c

46%

Corp
Patricia

Mines

D'Eldona

Jan

10

40
300

2,000

,

14% July

6c

75c

Leather

Class

28c

11c
3.85

20c

Jan

Jan

7%c

:

Zellerbach

Apr

21 %c

4.00

30 %

July

13%

Jan
Jun

3.45

20

Preierred

26c

Mar

9

11%

Jan

4.0o

18c

July

10%

Apr

12c

*

Campbell Chibougamau
Campbell Red Lake

15c

13%

11%

Mines

Uranium

Croft

14%

18c

Crestaurum

Jun

5,700

14c

1
1

Gas

&

40,200

13c

♦

Cons

20c

11%

1

Oils

Calnorth
Calvan

1
1

Flon

Flin

Callinan

18c

10%

19c

llVb

2,475

9c

Jan

23% July

Jan

3.00 July

2,740

14%

11%

Mining

Cournor

July

Jan

16%

11,700

13%

14%
_

75

•

3.25

9c 10 %c

Mills

Imperial

59

Jan

8%

1

Edmonton

&

23%

1

voting

Dist

(H)

D'Aragon
Calcler Bousquet

._

Class B

24

Jan

54

45% July
14 % C M«r

Jan

70

53

23%

a

A

*
__

"

—

68

•

class

B

Burrard

'

—-1

Steel

Co

&

Class

„

•

Products
Bulldog Yellowknife

Building

k

Coulee Lead

Corby
Gold

Buffadison

'

5c

56,000

9%c

Jan

11

Feb

July

11,200

—

1

Smelting,

&

1.70

22 %c

21,204

.

Copper-Man

10

.

_1

Mining

Pete—

West

29% May

Feb

6c

Consumers

16 %c

9c
:

——

18 %c

July

7c

Jan

July

67c

Roehette

Consolidated

tan

12

Jun

8%

Feo

Apr

3.90 May

July

22

Feb

35c

*•.

3.05

Consolidated

Gas,
Conwest Exploration

10c

1

9%

7c

7c

1

_

—

8%

8%

.

1—1;

Mines

July

3.50

65c

Consonuaied Ranwiuk

Jan

2.25

V

Jan

1.61

Jun

59c,

10c ll%c

10 %c

•

•

14c

Jan

53c

Jan

63c

6%"C

8c

Orlac

Jan

49c

July

40c

July

2.30

6,681

High

-

Jun

9c

—-

Howev

Matarrow

21c

500

8c

Haliiwell

Cons

•

Low

22c

39%c39%c

Guayana

Consolidated

Consolidated

Range Since Jan. 1

High

1.14

Consolidated

5.20

July

Shares

22c

22c

—

.

2.55

Jan

1.80

4.15

Arrow

Apr

50

48% May

1.94

Jan

15c

Jun

1

_

Petroleums

Brltaita

6c

1

Mines Ltd

Briiund

6c

Golden

Consol

for Week

Low

Par

High

Low

Range
of Prices

Sale Price

Range Since Jan. 1

High

1

Lake

Red

Brewls

Shares

Low

_

Last

STOCKS

for Week

Sales

Week's

Friday

Range
of Prices

Last

STOCKS

23

JULY

WEEK ENDED

Sales

Week's

Friday

7.20 Mar

1

Jan

I

May

j

Jan_„
10%c Jan
43
July
U

42
t

,

The Commercial and Financial Chronicle

(386)
'

..

.

Monday, July 26, 1954

'

CANADIAN MARKETS
RANGE

Friday-

Exchange (Cont.)

Toronto Stock

Sale Price

Par
Mines

Hallnor
Hard

Lakes

Red

Headway

3.50

73,295

8%

2.90

500

llVaCl4J/2c

925

8

'?

7%

24c

Jan

Mexico

8%c

18,500

8c

May

17%c

Jan

20c

18c

23c

11,555

15c

Mar

21c

May

Midcon

36'Ac

35c

40c

27,000

17c

Jan

45c

May

Mill

8%c

10%c

1

Lake

10%c

11c

11,200

26c

Jun

10c

Jan

Apr

2.35

•
*

6%
51c

8,070

%c

10,600

2.35

1,800

1.75

6'Ac

4,000

6c

9% Mar

-

July

6% July

Jan

50

6'A
45c

19c

July

9% Max

Jun

47c

■■

26c

Mar

6%

l&C

Miuda-Scotia

6%

9c

2.30

50c

—•

Brick

5%

800

6c

.—•

Milton

200

19c 20

6%

Gas

dt

266,130

5%
8

Apr

••

Feb

67c

July

43p:

May

h

Hinde

47

__

Daucta

&

4c

"*•

High Crest Oils Ltd

Smith

Howard

375

15%

15%

16

7.45

7.75

5,205

17c

14c

17c

7,500

4'Ac

5c

Paper

.£,500

25

26

2,830

50%

50%

10

25%

_•

common-

50

Preferred

'•*

Hoyie Milling

—:—

Hudson

Mining

Bay

Hugh-Pam Porcupine
„
Oil & Kenning Ltd

Husky

s

46%

14'AC Apt
!

i'

2.15

Feb

7.45

14c

2.10

2.15

300

1.70

46

46%

1,909

37%

29c

8,000

-

43

44

575

:

47

100

33

33%

33

6,341

28

Mar
Feb

7% May

Feb

25 % May

5c

^July

*

6%

6%

6'A

National

Jan

Hosiery

Petroleum

July

National

Steel

"49

Mar

National

36

May

Negus

6

25

25

80

*

44

45

44%

44%

10%

New

Car

1.58

1.56

44%

45

40O

8%

8%

24%

24%

25%

31

31

10

——

Uranium

Labine

1

2.46

12% July
13% July

8%

A—

7%

7%

305

7'A

11,700

1.95

I

July

2.69
8c

34%

34%

34

2,000

Jan

70c

Mar

38c

54,250

1.30

11,910

1.09 July

British Dominion Oil

•

2.10

1.90

2.13

24,375

1.77

Apr

Jun

Davies

New

•

42%

42%

42%

Jan

134

132%

134

6,661
125

34%

__5/100

128 'A

Jan

135%

Jun

•

21

20

21

1,825

19

Jan

26%

5

25%

I 24%

25%

7,835

20%

Jan

27'A May

5c

5%C

17,100

5c

May

2,500

55c

Feb

65c

4,700

55c

July

10,900

39c

37c

July

75c

Jan

12c

1,000

12c

July

30c

Mar

1.09

1.19

32,450

8ic

Mar

13c

July

40c

1

14c

13c

15c

8,150

1

2.81

2.80

2.90

4,175

12c

11 %c

20c

23,104

25c

25c

5,000

12c 12 %c

Petroleum

:) ■ "
Jan

Jan

12c

1

Devon

1.20

40c

—50c

Dickenson Mines

'.'.V
91c

1.14

—•

Oil

Petroleum

60c

Feb

2.70 May

Jan

55c

'

•

1.60

3,628

19c

21c

4,250

14c

2.60

L.u3

r

24'Ac May

Jail

j.pj

jjji

Apr

Interprovincial Pipe

•

28%t

60c

60c

*

Dellil

New

International Petroleum

Development

i/oouiteiilul

N»-w

New

1

Mines

Jun

Feb

34c

Concord

jun

July

13c

1.09

9% Mar

34%

2.69

7'/«c May

35c

42% July

29% Mar

450

14 c

1.38 May

87,700

7%c

26% May

1.17

New

•

Jim

Jan

3i%

9'Ac Feb

4,100

1

3.36 Mar.

Jun

2.20

Feb

*2i09 Jun

Apr

1

Calumet

9

2.02

'

7'A

j an

Oils

New

47

7%

28

24% July

Bldlamaaue

New

Jan

2.15

Inglis

Jun

12%

Jan

Bristol

May

Jan

34%
I

57c

Mar

27

50

.

2.43

1

Alger

1.40

1,800
2,255
-

10c 11'Ac

1

New

Mar

34 % Jan

Feb

Jan
Jan

New

45% May
45% May

8

93b

44%

4Q'Ac

27% May
6'A July

605

1.64

•

:

Mines

Nesbitt

Jun

39

90

2

23%

4,637

30

A—

10

i

B.Vft Jufy

July
July

New

25

class

25c

Trust

805

Metals

B

30,% July

j

Jan

"""44

3,508

International

class

150

Jap

Jan

22c

1,880

A".

Jun

16%

11 %

4,500'

12

53c

Jan

9»A

395

27%

9%, Mar

Jan

15c

4,260

47'Ac

11%
27%.

Jan

6%

44c

11%
27%

15% July

Mar

5"

500,
■

-

24%

300

12%

•

7

41c

1,021

-

Jan

Feb,.,

15

400

13'A

20

Jan

6%

12

13%

;-

——•

36%

Jan

,8%

12

5

Preferred

43

r

8

5

com

—

National

8.20

10%c

6.20 July

6 %

Ingersoll Machine class
(John) & Co
inspiration Mining

July

13,500
1,270

30%

National Grocers common

Jan

6.35

Chemical

1,800

15'Ac 15'Ac

*

—

1.60
10

75

43c

29%

,——*

—

&

7%

National Explorations Ltd

Jun

47% May

*"! 51c

53Ac

£1

—

2.50

Feb'

Jan

Brass

Drug

7%

16%

29%

4

common

^Preferred

Jun

3,325

16'A

—

Ltd

National

July

6.25

9

preferred

Naco

5'Ac

9%

$2

Morrison

Jan

26

9%

$1.50 preferred

Apr

6%c

50%

9%

common

25c

47

—

Acceptance

Moore Corp

6.25

—

Industrial

Jan

Jan

6,150

15%

43c

Apr

Jan

?

common—

10'A

July

27c

Knitting
Porcupine

16%

19%

43%

preferred

Moneta

July

45

10
Imperial Life
10
Imperial
Oil
*
Imperial Tobacco of Canada ordinary 5
4%

Monarch

July

1.75

15

—

Montreal LoeomoLive

4'Ac Jan
,

Jan

Corp

Jan

11%

;~

Mining

1,60

1.65

Mindamar

Jan

5%C

Imperial Bank

Preferred

47

Feb

July

*

——1

Petroleums

Hy-Charger

May

27c

2.15

*
•
1
1

Smelting

&

30c

14

28% Mar

2,420

7.55

1

Gold

13c

32,600

47

'"l

Yellowkulie

Homer

14c

47

Is

.

Oil

Hosco

13'Ac

7%c

12%

6,500

r

13 %c

6c

54

4'Ac

July

Apr
3%c July

2,700

14

3%c

•

Consol

Hollinger
Home

6c

14

common

Mines—

Jan

Jufc

2.^5
.

«

Paper

Gold

Heva

6e

1

Gold

Heath

Hendershot

«

High

Low

26c

5%
-

Range Since Jan.1

High

7%

City Petroleum

Oil

Shares

20% C

-i."

■

8

100

Tramways

8c

1

1

1

Preferred

1

22c

•
13.50

Light & Power common

Mexican

Feb

9,

Feb

Uranium Mines

Meta

3.50 July

Apr

11 %c July

1

Mines

Gold

of

8%

for Week

Low

Par

High

Iron

Hibbert

Harrison

Hasaga
Heaa

13c

*

—__

Low

Sales

Range
of Prices

Sale Price

Range Since Jan. 1

High

Week's

Last

STOCKS

Shares

3.50

1

Carpets

23

for Week

Low

—1

r

Gold

Rock

Harding

JULY

WEEK ENDED

Friday

Range
of Prices

Last

STOCKS

FOR

Sales

Week's

Nickel

International
Preferred

Jacknlfe

Jack

common

Line___

1

Oils

Gold

4,700
85,667

12c

11c

12c

11,150

10c

9c

14,000

8c

8c 1

53c

63c

254,440

21c

21c

24c

15,000

•

1.55

1.55

1.55

1,600

1

Ltd

Kayrand Mining

55'Ac

10c

8%c

10c

18,500

Goldvue

New

Harricana

9%c Mar

New

3.80

Jan

New

Hugh

28%c July

5%C Mar

7'Ac Mar

l,58o

*

Ltd

Fortune

Jan

New

Kelore

10 %c

1.40 Mar

21c

1

Mines

Oils

Jupiter

1.77

17c

1

i

Joliet-Quebec
Jonsmith

7%c

1.74

17c

—*

Ltd

Joblirke

7%c

1.75

1

(1939)

Mines

7%c

1

Mines

Oil

Jellicoe

Warrants

New
New

•

Gold

Waite

Jasper

Jet

Co

_

—

-

Laguerre Mines
Larder

73c
27c

Jun

Newlund

1.50

July

5c

12 %c July

21 %

22

1,225

19%

Jun

25%

Jan

6c

5%c

6c

5,500

5c

May

9%c

Jan

New

18

19

Apr

New

Jan

New

Ricmield

Kristin*

Copper

Oils

10c

3,750

7c

July

65c

1,500

52c

Apr

Ryan

69c

75c

61c

May

90c

Mar

New

35c

Apr

6Uc

May

New

Superior Oils

10c 18 %c

35,000

10c

July

24c

Jan

New

Taku

Mines

19c

Feb

47c

38C

1

11%C
31c

29 %C

34c

1.03

1.10

i

45,400

1.03

i

20c

Ltd

36c

5,050

1.00

1.02

1

•

21%

21

21%

*

9.00

8.95

9.05

1,615

Lake

1

676

63 %c

67C

4,200

1

14c

13 %c

1

20c

17

990

Labrador Mining

Ltd

& Exploration
Dufault Mines

Lake
Lake

(John)

Lingman
Osu

——i

—.1

Mines

Shore

Lake

6.00*

1.80

July

7.75
61c

15c

4,000

12c

19c

20c

6,000

16 %c

5.35

6.00

4,205

Lake

of

La

Luz

1

the

Woods

common

5.00

Secord

23c

31%

31%

32%

20c

1,550
175

V28

—*

____

1.41

1.41

630

1.30

3.70

3.75

1,125

3.60

Gold

Lapa Cadillac
Laura

23C

•

Mines

Lamaque

23C

•

Mining—

Wasa

Candy

5C

1
3

16%

*

Shops

Nib

/

•

Jan

10

13%

80c

Jun

Feb

Jun

21c

22c

Jan

6.15

5c

24%c

May

5c

5%C

7,950

16

16%

205

15

1.70

Jun

1

1

Lencourt Gold |
Lexindin Gold

1

'

14% May

13%

150

10%

Jan

21

700

13

Jan

20 %

200

17%

Jan

20% July

3.25

3.25

300

1.80

Jan

4.25 May

6%c

3,000

July

class

,5c

-21

Mines

11,850
110,700

61c 61 %c

2,750

43%

Canadian

Mafie

Oils

North
■'

Gold

July

North

1

Class

Bloedel class

&

Nubar

Madsen

Nudulama

Mines

Malartic

Manitoba

&

a

Eastern..

;;

47

Maple Leaf Gardens
Maple Leaf Milling common

•_!

59

July

37%

Jan

50c

50c

Marbenor

Malartic

Maritimes

Mining

Marwayne

Oils

Corp

Maybrun

Ltd

Ltd

8c

35c

18 %c

Mines

McColl

Grain

1.62

Frontenac

common

Preferred

Omnitrans

12c

9%c

Jan

75*

Jun

1.78

10Vac Jan

Jan
Jan

2.80

9,000

6c

6'Ac

3.10

6'Ac

'6,000

50c

2.90

50c

500

Apr

5 %e

Jun
Feb

3,40 Jun
16c

Jun

6

3.15
18c

Jan

.

Jan

72c

July

43c

14'Ac Fib"

Jijn
.

9%

9%

1,537

2.90

9%

3.00

9,120

•

i

9% July

Ontario

Steel

Jan

2fcc

Jun

12c

Feb

1.66

6,365

50c

1,600

1.60

10'Ac

12c

July

21%

10

22'A

21%

22%

1,420

__1

1.76

1.70

1.80

8,875

6%c

6'Ac

9C

2,600

1.47

1.40

1.47

22,920

4%c

4c

4'/2c

56,100

7

Jan

17

Feb

20

50

•

9

8%

9

925

101

101

101

35

9,500

20

Jan

Orenada

Feb

,

10 %c

1 lie

8,100

9%c May
20c

30c

31c

3,450

6'/sC

3,000

6c

50c

Jun

70c

75c

6,350

60c

Feb

24%c Jan

Jun

6'/«c

Mar

•>

7c

1,300

,,8c

9c

3%c

4'Ac

21,333 i

1.30

1.30

1.35

1,500

16c

16c

17c

Vac

3%c

.

.

Jan

9'Ac Jan
80c

Jan

18c

Feb

3

May

lie

Jan

133

133
2.35

3.90

3.90

5c

56c

Pacific

(Eastern)

1

x

f

Page Hershey Tubes
Pamour Porcupine

*

:V

1.31 Mar
90

Jan

*23
1.80

July
Jan

Pan

Feb

July
Jan

4'Ac Jan
2.95 May

95c

May

July

22

Jan

24

Feb

60c

Jun

97c

Apr

Jun

135.

Jun

130
1.00

Jan

3.25 May

800

5c

July

3,300

35c

Jun

110c

5'Ac July
9

20
1.70
101

14 %c:15'Ac

2.56
4.45

--

Jun
Feb

7.%c Jan
58c

Jan

Oil

10c

7.20

7.45

66

67

545

66c

67c

3,770

39c

38c

40c

14,750

5c

1,000

21c

18 %c

27c

154,050

3.00

|

3.00

320

5C
_

1

_

6.90

3,535

66

Mines

Parker Drilling

14 %C July.

6,500

59'Ac Feb

"

7.25

•

Parbec Mines

Western

•

60
61c

Jun

Apr
Mar

31%c Jan

ll%jMar
74%

Ffeb

84c

Apr

46c

Mar

4%C

Jun

He

Jan

lie

Jan

38c

Jun

3.00

Jun

5.00 Mar

Apr
Jun

Apr

July

Peace

Peruvian

34c

34,100

30c

July

52c

Jan

Petrol Oil

21c

People's

10,000

21c

July

65c

Jan

21c

21c

500

18c

July

37c

Credit

6,751

Gas___

1

Jewelers

—

1

1

1,600

50c

40'Ac

52c

143,956

26c

4.15

4.05

4.15

1,325

to O O

_100

50c

I'-

if

99

99

30

3.65
,

99

July
Feb
Jun

Fields
Mineral

&

July

11c

11c

11c

5p0

8C

Feb

1.05

95c

1.07

10,400

75c

Mar

41c

Gold

Ohs

_

45c

30,000

39C

Jan

95C

Mar

&^pas

1.00

52c

Feb

July

8.40 Mar
99

11%C

July
Apr

1.20 July
62c

Jhiu

Feb

8%

Nat

49c

1 y

!

Consol

River

55c

IV

Pathfinder Petroleum
Paymaster

23,500

8'Ac July

Jan

3c

1,006

5c
40c

Pacific Petroleum

Feb

18,%c

1.90

64,220

35c

Jun

6c

Jan

Mar

«65c

10

2.05

'

1

Apr

2'Ac July

1.96

14c

4,100

3.90

*

Jun

Jan

75c

lfV

2.40

1.60

„

July

1.15

35

133

'"21%

17% Jan

3%c July

3,500

2.35

'Jan

17%

8%

21c

8%C

9c

7,830

16

16

16

50

32

Qn

3,295

100% 100%

35

42c

4,150

9c

10c

28,400

7%

Feb

8%c July

9% May
17c

Jan

Pickle

Crow

Pioneer

Gold

Feb

18

26% Mar

37

12%

Pitch-Ore

91

Feb

Ponder
Pontlac

100% July

July

19%c

Apr

Jan

66 %

Jan

43c

Jun

5c

Jun

14c

Feb

26c

10c

53

13c

13c

6'Ac

Jan

1.50

1.50

325

95c

Feb

34c

36c

11,900

20c

Apr

7.05

52,434

6.35

3,500

2,556
8,050

_

11c

12c

6,500

26

24%

27

936

80c

80c

85c

8,500

1.80

1.90

81,220

lf".

_

Petroleum

_

—1

1.90

Oils

Powell

River

Jan

1.22

10c

May

28c

Mar

30

80c

July

1.01

17c

1,000

17c

35

36'A

7,580

26

55c

3,200

51c

Feb

July

Jan

2.15 July

24

17c

*

Poplar

1.41

1.36

Jan

Apr
Apr

1.90 July
40c

Feb

Apr

30c

1.07

2.15

x

Oils

Jun

1.01

2.00

•

Uranium

Development

1.07
2.02

1

-

July

i

•

Mines

Gold

*

5.80

Jun

2.50

36c
8.00

Mar
Feb

July
Apr

Powell

Rouyn Gold

Power

6.95

Jun

9c

-

Jan

30c

:

Gold

Jun

31 %c

34c

Jan

65c

Jan

r

Osisko Lake Mines

14c

14c

1.50

25c

May

4%c

i

24%c

IOC

lie

Gold

Jun

40c

lOOl

pfd
Copper Mines.
Crush

Feb

9'Ac

12c

9c

10c

1,500
3,000

Opemiska

8c

9 %C

8%

16,100

5c

1.26 Mar
*

1

15c
" 40c

16'Ac Jan

Mar

21%

Deb

1.97

Jun

9c

&

68c

1.45 Mar

41c

'V

Juay

11c

1.10 Jan

Feb

18c

*

3.00

Jun

40c

70c

8c

4,000

t

2.15

4%c

13C

•

13c

39c




6,000

24"

3,000

52,900

1

pagi 43.

11'Ac 11 %c

24

3,400

115

see

Jtin

12c

Feb

10

19c

6,100

For footnotes

2.35

1,900

8V4C

14,900

1

May

2.85

9'Ac July

960

6,500

18c

62

Merrill Petroleum

6%C

3,000

2.80

23,325

Jun

48c

.1

1,500

9%c

2.80

80

{28c

1.80

Mills

7c

9'Ac

2.80

25,350

12c

Merrill Island

6'Ac

3'Ac

35c 38%c

62

McWatters

Jun

9'Ac Ju}y

JanJ

9'Ac

76

Pyrites Co Ltd

10%c

Mercury

58

2.60

Ontario

41c

—1

2,274

2.80

Mar

*

Lake

74%

10>

18c

5

Lake

May

72%

73%

•!.»

Exploration

July

1.70

ioo

Red

6 Vac

Ontario Jockey Club
Warrants

8c

Mclntyre PorcuDine
McKenzie

5,000

Feb

2,100

McDougall-Segur

McMarmac Red

9c

Feb

Apr

12c

Jan

*

.......

8c

46c

•

25c
4.25
19c

"

Malartic

Loan

1.75

*

1.40

4'Ac

Ontario

50c

i

class A

1,545

8'Ac

9c

il_

Placer

McCabe

9,000

2.15

90c

Feb

1

•

1,000

8'Ac

5'Ac

8 %c

•

Ltd

Jun

—

Oils

75c

•

Massey-Harris-Ferguson

Mar

9c

7c

30c

Jun

1

Oils Ltd

7c

5c

9c

2.13

9c

7'Ac

___:%

Selections

Pershcourt

Marigold

May

Ltd

50c

l

Gold

Marcus

12c

10'Ac

150

...

100

Preferred

2,850

May

756

Mar

_♦

18c

18'Ac May

Jan

t

lYgama-Rockland

Jan

44%

3'Ac

—

16c

•;

Apr

O'Leary

40'A

i

Goldfields

May

i

Paramaque

Magnet Consolidated

Feb

Jan

*

(1940).;

Gold

Feb

21%
t.

Feb

9c
2.10

Ltd

O'Brien

1.20

5,333

A___

Red Lake Gold Mines

9c

6,200
3,605

•

Mines

Mines

Mines

Jan

1

B

7'Ac
19c

Jun

12c

__1

Canada

Northland

56c

;•*

MacMillan

Jan

2.30

-

Trinity

Northern

Okalta

1,366

1
__■_

Mines-

9%c

12c

_lj

Star Oil

Jun

23c

"

Mines

7,600

Jun

2.15

1

—

Warrants

Oil

59

1

MacLeod-Oocktfhutt Gold

12c

4c

10%c

•

»—

Inca

Feb

4%C

1

Explorations

Mackeno

8'Ac

1

Raskin Inlet Mines

Jun

4c

*

Mines

4'Ac July

1,000

July

12c

1

-

,4orpax Oil & Mines Ltd

3.00

57

1

Mlnei

Macdonald

6,225

9'Ac

1c

2.80

Mines

Orange
Macassa

4'Ac

9c

Jan

Jun

12c

Mining

July

1.50

1

1

__.

4 %c

1

-

Norlartic

12c

7'/.c July
10c
Jan

11c

2.10

*

Goldfields

Yellowknife

57,500

Mdy

34c

4'Ac

2.20

•

•

73c

Jan

*

_

Uranium: Mine*

Louvlcourt

Lynx

1,000

9c

59

Lomega Gold
London
Hosiery common
Long Island Petroleums
Lorado

60c

1.50

44

9c

3,200

10c

•

A

71c

9C

•

,

4 %c

1

Feb

9%c Mar

.

1.74

•

Little Long Lac
Loblaw Groceterias

19c

15'Ac

.

North

^ 1£% July

13

69c

1

Petroleum

4c

—1

:

Obaska Lake

Liberal

4,000

1

North

Jan

5%c

3.25

Leitch Gold

5%c

_*

Jan

20%

2

Mines

40,200

1

Canada

' 7

North

Jan

7%c

Apr

12%c Mar

9'Ac May

10,000

28c

1

Normetal

Jan

4.00

Jun

3,500

11c

24c

1

Mines

Norgold
(-

Feb

32'A July

Jun
Jun

of

Mines

Noronda

Jan

Jun

July

6c

10'Ac

1

Ltd

Mines

*\

20

Warrants

Lavalie

Jun

Jain
Jan

"

*

Preferred

5c

20c

May

.

Acceptance class A

Class B

July

1

Mines

Lake

Yellowknife

Nisto

21% July

Mar

A

;

■

Laurentide

15c

9'Ac

Pete—

Thurbois

New

Jan

Jan

*

Lake

1,105

9c

2.11

Apr

Nlpissing
Labatt

July

5%c

Senator

38c

1,000
3,560

—1

Lake

Townsite

Kroy

3,988

9c

63c

New

Kirkland

Jun

88c

4 %c

18%

10c

1

KirKiand

6c

556,200

___—...

65c

1

5,100

95c

27c

Pacalta-'-pils

20c

16% Mar

Gold

—*

—_

6'Ac

July

10'Ac

Ltd

J^pfzone

Hudson

Apr
Jan

6c

Explor_.

22

Kirkland

Jun

13 'Ac

4'Ac

Mylamaque

1

Keymet Mines

Jan

13c

25c

88c

5%c

Mines

Morrison

New

*

18%

40c

10c

9,605

Marlon Gold

New

2.15 Mar

Feb

New

1

July

6%c Mar

11,000

28,535

13c

~

Kenville

Keyboycon Mines

Jan

12c

Mines

Kelvinator

Kerr-Addison

Jan

52c

15c

—1

O—

Newnorth

Gold

19vaC

July

Mav

May

July

15'Ac 15'Ac

New
New

May

Feb

12c

18c

95c

Jan
Jan

16c

; 48c

10c

v.

May

July

10%c

10c

Malartic..

23c

29 %c

20c

11c

15c

lligiinuge

26c

Jun

July

'

■

39c

11'Ac July

Corn

Prairie
Pressed

Preston
Pronto

1

54c

•

Oil

_

East

x

42%
•

1.60

53c
42

43%
1.60

35

807

1.45

3,651

Jan

Mar
Jan

1.45 July

36 %
84c
44

3.00

July
Jan

July
Feb

1

Metals
Dome

Uranium

Prospectors

36%

Mines.

Airways

_

14

14

14%

2,581

Apr

15% July

1

3.65

3.55

3.75

41,485

2.50 Mar

3.90 July

1

4.95

4.90

5.25

18,715

4.20 May

5.75 July

3.05

5.50 Mar

•

3.20

3.05

3.30

2,560

>.

7%

July

Volume 180

Number 5345
VV*

r

.

The Commercial and Financial
Chronicle

.

.

T'

>*-

-

-

3t^'#*y:trrn.*

-i

-

•

£

'%r

'

(387)

43

CANADIAN MARKETS
RANGE

Friday
STOCKS

Week's

Last

Range

Quebec

Chibougamau

Quebec

Copper

Quebec
Quebec

'■Quebec

fQueenston Gold

Radlore

Uranium

Petroleum

Reeves

Kegcourt

Kix-Athabasco

I
•

i

$1.00

I

Mar*

18c

19%

88c '

A

2,387

Mfg

6%

pfd

23c

8c

Apr

'■!

12c

Jan

1,000 "
•

1.61

4%c

5%c

r

200

1.20

48,553'

50c

"53c

1.30 Jan

39,755

2.55

9,500

.

2.60

2.30

10

50

1.19

43c

22

i8y2

19%
12c

Jun

-

18,400

55''--

May

,_1

12c

12c

1,000

10c

-10

Rights
Ro>ai He Oil

i

6c

6%c

27,100

6c

Jun

43%.

*
•

42% 7 43%
2.40
2.60

11%
*■

IRundle Oils

:

2.50.

\

11

7 %c

».7%C

Rupununl Gold

__

3%c

| J Russell Industries

-: 15%

common

I

9c

16

Saguenay
St

i

/

Power

Lawrence

preferred...

100 C

Corp

,

4

6,000

Antonio. Gold..
Sand
River
Gold.;

Sapphire

Scurry

Petroleums

Rainbow

i

Ltd

Oils

Security Freehold

(1954)

Mines-

Silver-Miller

15%c
2.53

Jun

1.45

Jun

3,000

49 %

50%

1,153

54%

54%

8c

8c

4.00

29%

28

29

Souris

Southam
Soooner

Stadacona

Mines

(1944)..,

Standard Paving

Stanley Brock class
Stanwell

Oil

Starratt

Stedman
Steel

&

Bros

10%

10%

46

51%

Stuart

Oil

jan

July
Apr
Jan

11%

Feb

44c

60

13

July

13%

46

750

46

July

46

52

415

47%

Feb

53%

55c

6,000

40c

May

80c

Territories

Westeel

1,255

29%

Jan

16c

12c

Jun

25c

25c
20

Jan

May

8

8

100

49 %c

57c

12.5">5

36c

Jun

"

Western

3,000

10c

May

6% Mar

26% July
8

1.00
18c

July
Jan

650

18%

Apr

22% July

38%

3,721

18%

Apr

5c

5%c

3,000

5c

7.30

7.75

23,385
200

15 %c

15c

17c

Jun

12

25,000

1

3.25

3.20

3.35

25,850

—25

23%

•

17%

:

—50c
•

'T

_

18

13c

Jan

8.75

Apr

12c

500

2.30

1.10

1.15

10

—

12

;

May..r

1.65

500

2.25

w

13c

2,305

12

1

_

24

1.15

—

_

23

17%
12c

,

455

(Geo)

Wtlrich

Pearson

*

common

Preferred

10

•

Teck-Hughes Gold Mines

1

Texas

'■

1

Calgary
Thompson-Lundmark

2.10

'■

23.

Feb

15

Jan

Jun?

28c

12

Winchester

10c

3.60

Windward

Gold

Torbrit

Silver

Toronto

Elevators

Toronto

•

General

Toronto Iron

Apr
Jan

Feb

1.06

July

8%

Jan

150

10'A

Apr

2.02

2.10
1.12

1,000

99c

Jun

14c

6,000

12c

May

1.83

Trusts

Mortgage

Traders

Finance

_

20

4,500

16

685

13%

32

32

21%

22

*

-

'

--

1

2.70
1.22

May

Jun

50

_

A

104

104

>

42%

40%

.

Jan

July
12'A July
2.65

Feb

1.60

Feb

Empire

•

Oils

Era

Mountain

61c
1.70

Jan

Oils.;

16

July

Apr

34

May

Jan

23

5

101

Feb

109

Jan

8,111

32%

Jan

225

32%

Feb

42% July
39'A Jun

93

Feb

99%

41%

Jun

45

99

99'A

60

43

45

1,235

1.68

Transcontinental Resources

*

1.76

7,803

32c

36c

32,340

26

~

25%

26%

1,980

19%

Jan

30

33c

35c

5,000

31c

Jun

42c

8'Ac

9%c

1,200

7c

Jun

14 %c

Yale Lead

•

__

_

-1

2.85

27,600

22c

24c

5,643

2.85
-

Union
union

Acceptance

common

&

United

Corp

United

Fuel

Class

B

class B
class

A

;

pfd

—

preferred

\
\




.Jan

3.90

5 %c

5%c

6%c

■'

7,100

'

38% July
5.80 Mar

July

36e

Mar

95c

34% Jan
40 %c

103 -

6%c

1,500

80c

2,383
30

Jan
Jun

9c

Feb

6%c July

10

102% 102 %

May

-

9%c

July

6%cMar

5%c

Mar

46% Jun

95% J*n

,1,500
1,000

.

Mines

1
•

10

.100

102%

*

93/4
5

5%

5%e Jun

1.67

1.67

7

4,860

9c

May

97%

290

1.65

__

•

Zinc

32c

33c

10

Feb

5

Feb
Jun

•

102% July

Mar

ISi

23,074

5%c

6V2C

6Vac

6Vac

Yellorex

14,000
1,500

1

1.37

1.31

1.38

5,350

12c

12c

3,450

16c

15c

16c

8,700

Vac

%C

349,250

Mines

Yellowknlfe Bear Mines

1

Yukeno Mines

1

Zenmac

Metal

.-1

-

Toronto Stock

31c

Exchange

'

Jan

6

Jan

1.96 Mar

22c

Mar

41c

%c July

1.14

Jun

%c July

5%c July
5%c Jan

10c

Jan

9c

Feb

Jan

1.47

9c

Feb

22c

Mar

14c

.

July

27c

Feb

Apr

Curb Section

-

Canadian Fnnds

Friday
STOCKS

Week's

Last

Far
Andian National

•

Pulp & Paper
Anglo Newfoundland Develop
Asbestos Corp

for Week
Shares

Range Since Jan. 1

Low

*

Canadian

Sales

Range
of Prices

Sale Price

—

High

12%

12%

100

7

Jan

12% July

31

31 %

695

25

Jan

31%

7%

Jan

24%

Jan

10% July
31% May

—

Low

5

10%

lOVs

10%

•

27%

27

27%

3,695
485

14%

13,930

High

Brown Co common

—1

14%

14

•

107

105%

107

70

Bulolo Gold Dredging

5

6.50

6.50

6.70

800

Canada

*

19

19

19%

3,045

*

15%

15%

16

250

13%

Jan

Jun

16

27

27

225

23%

Jan

27

1st

preferred

&

Dominion

Sugar

Vinegars

:

General

Canadian

Invest

(1954)

Ltd

Marconi

•
com

Western

Canadian

23%

1

Westinghouse

Consolidated

—

new__«

:

Canadian

Lumber

5.50

'

*

Paper

•

Bridge

Dominion

Glass

Dominion

8%
87

Jan
Jan

5.60

14% July
107

-

July

Feb

7.25

Feb

Jan

21%

19%

Apr
July

July
25% July
5% Feb

23%

5,599

5%c

2,079

11

4.90

250

10

Jun

12%

45

64

Jun

70

Anr

40%

Jan

55

July

10%
-

17

10 %

67%

67%

67%

54%

53%

55

M

3,362

2014 July

4.40

•

Jun

DuPont

19%
cobimon

Oilcloth

of

Canada

18%

19%

1,835

15%

-

,

Apr

—

42%

43

200

35%

Jan

34

34

40

27%

Jan

*

i-

•

Securities

—

Feb

19% July

•'(

43% May
35% May

♦

32%

32%

33%

7,026

26% July

35% July

*

34

33%

34

310

33%

Jan

37% May

7%

74

75%

864

54

Jan

75% July

5

35%

74
33%

35'A

695

28% Mar

35% July

6

com..

51

50

51

390

34%

Jan

51

37'A

38%

2,405

28

Jan

38% July

■1

'

f'

Hayes

Steel

Paper common

International

Utilities

-

Loblaw Inc

——

Minnesota

-

&

Niagara

Ontario

Wire
Flour

Paper

8

Weaving

—

*

37%

37%

50

34

32'A

32'A

50

30%

4.10

4.00

4.20

1,050

—

*

common

—

Pato

Consolidated

1

Pend

Oreille

1

5.05

5.00

5.05

500

•

39%

39

40

1,010

Price

-

Bros

22c

-

1.68
30c

2.55
'

19c

July
July

Jan

Jun

2.55
65c

Feb
Jan

Thrift

Stores

vnkon

Consolidated

May

Zeller's

-

FOOTNOTES FOR

3.50> Mar
•

35c

2

No par value. '
Odd lot sale (not

Jan

10%

11%

2,125

9

Feb

41%

42'A

2,611

33

Jan

11% May
43
July

4.00

20,760

3.30

Feb

4.45 July

in

♦

50c

'

'

15

14%

15

12%

Jan

15% July

e

61

61%

180

56%

Jan

61% July

f Flat

29%

30

745

23'A

Jan

30%

231

Jun

r

32

180

48c

50c

4,840

25%

26

200

OUT-OF-TOWN
in

AND

July

Feb

Jun

3.50 Jan
3.55

32

Feb

37% July
33

Jun

4.20 July
5.65

Jun

Jan

41% July

delivery sale (not Included
year's range).

Selling
Cash

ex-Interest.

price.
sale

48c

20%

Jan

33

Jun

59c
26%

Jan
Jun

July
Jun

CANADIAN MARKETS

Ex-liquidating dividend,
privileges.

W<1
wl When
*

y

(not included In year's range).

23%

lUn) Admitted to unllotad trading

year's range).

29%

"150

__

t

Included

d Deferred

3.85

32

*

Ltd

4.00

25

47c

7'Ac

6%c

41%

•

•43c

6%c

11%

__

185

v

.-

1

1

„

Asbestos

13,500
3,148

33

/f.

2,035

1

•

_

Gas

46

70c.

.

102%

Rights

a

United

75c

42

\

Yankee Canuck Oil

Jan

2.60

9%c

nil

61c

102% 1023%

B0.

-

Mar

19%c May
22'A Jun

Jan

33c

——

Petroleum

Tungsten Corp

Jun

July

34c
•

Pipe Line

4.05

23

lie July
17% Feb

.

Jun

39

1.75

;;
Oil

Jun

Jun

Jun

17

45

40

Trans

Jan

1.20 Mar

30

99'A

..100

July

Jan

19c

100

38

preferred

Trans

Trend

104

42%)

July

Jun

12

"122

.

„•

20% Jan

100

383%

45c

Winnipeg & Central Gas
Winnipeg Electric preferred
Wood, Alexander
Wright-Hargreaves

Ogilvie
class

preferred

Trans

Triad

_

35c

1.50

15%

t>

A_

3,500

1.45

16

B

4 % %

5%

-

.

class

42c 43 %c

1.50

•

Works

Toronto

Class

42c

1
.

1,191
15,836 '

3.90

46

.100

.

International

Tombill

Jun

13e

20%

6%c

Gold

Jun

20c

May

1.65

5,737

Apr

33c

July

4c

383/4

i
-

Larder

Canadian

18

12 %c

>

13c

Jan

7'Ac

3,000

3.90

—

Canadian Indus

25

1.00

*

Jan

9c

10,800

4

38%

Ltd

common

Jan

Jan

125
•

39c

5%c Apr

July

July

15%

5,976

12

20c

...

14c

20%

Petroleums

Dominion

Taylor,

42

21

11c

•

-

38% July

14%

May

60% May

Jan

22%

14%

20%

12c

Preferred

-

36%

1

Gold

21

Jun

21%

6.50

.

*

July

22

Contact

Sylvanite

24c

Tungsten

Weston

Mar

36%

Cons

Inlet

20c

Anglo

Sullivan

Switson Industries

4c

,J

13

Jan

40%.Man

„

500

4c

9.00 Jan
SO
,

8,500

lo

—

Feb

1,000

2,345

Sudbury

Surf

25c

5%e

Ashley-

Canada

Superior Propane Ltd pfd
Super test fnrrilnary)

Oils-

Feb

34c

25c

25%

*

22 %c

5%c

34% July

500

25c

7.75

,,130

Products

Jan

34%

25%

,'j

2,466
..8,073

42

25c

Jun

25c

5c

l23/4
59%

21% July

Mar

10c 10%c

Jan

15% May

10% July

14% Mar

34

57c

12%
58%

13% July

Jun

35c

25%

1

Mines..

175

Jun

2.20

Apr

Apr

9

1.20

16c

*

common..

6.15
18c

Jan

55c

34%

•

Mines

4.30

Jan

9%

5,050

13

81c

4,070

40c

Jun

10%c July
|

25

21%

38c

•

Steeloy Mining
Steep Rock Iron

5.50

997

1

Canada

of

160

3,400

20%

1

Gold

29

22,125

*

Ltd

Gas

Olsen

29% July

13

*

A__

July
54% July

Jan

38c

_*

common

2.20 May

Feb

10%

•

I

Jan

21

53

24

13c

•

-

Feb

23%

10% r 10%

52

13%

8c

Anr

1.60 Mar

1.85 Jan

100

1.10

*

Ltd

Feb

July
July

515

21%

50

Co
Oils

50

58

11c

11c

10%

Jan
Jan

104

7%c May
3.75 May

1.05

__50

preferred
Valley

.v

12,261

*

Somerville

1.55

39

732

3.90

*

Preferred

1.50
85c

23

;

3.95

1.09

133/4

Wiltsey-Coghlan

Jan

13,090

1

corn.....

Feb

July

49,900

98c

1.70

—1
new

19%

Jan

49%

*

Slater, N, Co

Jan

4%c, Jun

Jun

2.37

*

Simpsons Ltd

17c

6c

85c

_1

133/4

'

20% May
8% May

7% Feb

6%c Apr
19

6,700

1

Leaseholds

1.26

28

Mines

;

.1

Western

Jun

4,300

29

Silanco

1.65

Consol

3.25 July

,13% .Feb

3,883

1.65

1.47 Mar

•

10c

5.50

1.60

Breweries

1.42

5.50

150

class

9c

1

50

1,000

1.65

Malartic

Canada

Jan

95c

Voting trust ctfs.

8%

6%c

20ya

41

Grocers

37%

•

"

8%

12%

Western

1,285

1

(Quebec)
Mining

Jan

14% Feb

59%

Western

58

1

Sigma Mines

99

5,603

-t

1.65

.

Gordon

Jun

17%

6%c

W

&

Feb

2.15

2.37

-__50c

*

Shawkey

July

Jan

163/4

____25

:

Apr

56

t

50

Sherritt

Feb

5

1.42

*

:

Ltd

Petroleums

West

104

-

1

:

"7c
15

Jun

1.67

Jan

Apr

46%

>

<2%c May

325
.f"

July

1.37

58

.1
i

?.

6,100

;;

22

18c

Jun

13%

1.01 Jun

Pyrites

West

21c

July

10%

11% Apr

11,425

Equipment

Wekusko

104

_'T

San

Jan

2.40

1,835

3%c

15%^

37%

53,765

1.12

1

Western

2,660

V
•

11%

i

j
'

G

Jan

19c

Feb

6c

'

:4
i.

1.03

20%

Amulet

Walker

20

>'

600

1

Mines

Waterous

Jan

1.65

Feb

•

11c

S

'■

RovaL Bank

-

May

15

20% May
■•-18

12c

»

Waite

Jan

1.24 May
74c

1.10 Mar

240

lQc

8

-

16,300

13

Apr

3.20

'

Jan

Apr
Jan

98c

90c

♦

*

"

15,600

22

i

Apr j;

87c. Mar

*

72e

High
7.70

July

83c

10

;

Virginia Dare preferred

Jun

21c

•

Grey Trust

Violamac

-

10
"

19%

2.00

7%c

Feb

&

300

17

Mines

Weedon

1.10

1.10

3%c

300

*

11c,

Vicour

25c

5.25 Feb

1.10

V

■

Victoria

1,335

123/4

...

Viceroy Mfg class A

1.00 July

Low

6.85

13

...

Apr

9c

85c

„

Ltd

Range Since Jan. 1

High

25c

:

I

Ventures

Jun

*

1.10'

j

20%

July

52c

*

;.

'

,

Shares

6.60

Mines.

Upper Canada Mines

Jan

Mar

71.12

1

Silver

13% Mar

May

54c

,1.61

»

Jan

73c
43 %c

13 %c

22

preferred

3.85

I

Jun

12,700

2.25

20

Steel

Mar

28,645

4%c

_1

United

6.70

Montauban

for Week

Low

Hill

Oils

95c

♦

Uranium

56c
-

"

9c

*

United

13 %c 14 %c

13 %c

1

...

Roc He Long Lacj__„
Roxana Oils

Roy

37c

7,800

l

t

■-

Oils i

•Robertson

94c

.

United

Feb

11,300

1

3 Riverside Silk- class
j

>2.50

45c
20c

,

1

Uranium

Prado

800

19

1

a

2,500

42c

__1

,

65c

Keno

Sales

Range

Par

United

May

1.20 July
15 %c Jan

1.00 Mar

Jan

2.90

19c

J

Mines

\ Kexspar

44c

__1
:

.

.

10c

64c

19%

Mines.

.

11,100

15c

*

2.80

-1

MacDostfld

i Renable
Rio

12c

HIl

*

n

10c

.

Poplar Gold

Reef

Mar

r.

M

5 Red

Mar

62c

•

| Quebec Nickel Corp_^_

J

8c

13,650

Week's
of Prices

Last

Sale Price

High

1,000

99c

1

Mining

Low

11c

92c

Metallurgical

Quemont

High

11c

94c

Manitou

23

STOCKS

lie

1

JULY

Range Since Jan. 1

1

Labrador

ENDED

Friday

Shares

Low

—1

Corp.

WEEK

for Week

of Prices

Sale Price
Par

FOR

Sales

•

delivered.
Issued,

Ex-dividend,

Ex-rights,
Ex-stock

dividend.

„

'

4*

The Commercial and Financial Chronicle

(383)

.

.

Monday, July 26, 1954

.

OVER-THE-COUNTER SECURITIES
Quotations

for

Friday,

July

23

Investing Companies
Mutual Funde—•

Bid

Par

1.11

1.21

Par

Investment Trust

Affiliated

Fund

1.25

5.51

5.96

Johnston

American

Business Shares—_1

x4.34

4.64

Fund

Inc___—

Obligations of Government Agencies

Mutual Funds—

Ask

25c

Fund

Aberdeen

(The)

Inc

of

1

14.14

15.37

11.17

12.13

B-2

(Medium

"A" Inc—1
Axe-Houghton Fund "B" Inc__5
Axe-Houghton Stock Fund lnc_l
Beneficial Corp
1
Blair Holdings Corp
1
Blue Ridge Mutual Fund Inc—1

10.65

11.51

B-3

(Low

20.99

22.82

B-4

(Discount

3.39

3.70

K-l

(Income

Fund

Mutual

Fund

Axe-Houghton

Bond

Fund Inc_
Century Shares TrustFund

(High-Grade

S-2

(Income

1

28.24

Lexington

28.32

31.03

Loomis

10.56

11.42

(Net

13.36

4.74

16.67

1

13.99

Investment,
Fund

1

18.77

20.63

9.12

9.99

7.89

12.08

l%s Feb.

3.53

Metals

1958

102.14

102.22

100.2

100.6

1959

100.12

100.18

100.8

2%s May
2%s Feb.

1,

100.2

1,

I960 w 1

lc

Ask

4.00

4.41

6.33

6.97

l%s Dec.

5.00

5.51

1%S March

4.93

5.43

8.13

of

Bond

Fund

beneficial

Inc—10c

interest—1

Growth

100.12

1

of

100.16

l%s Oct.

100.19

100.21

2%s March

1955

100.13

100.15

1 %s

of

13.32
19.18

National

16.27

National

5.92
21.28

6.13
23.01
3.24
49%

Wide

2.97

47%

Bond

Stock

7.76

2
1

23.46

25.71

New

1

20.86

2.75
22.80

North

1
-1

70.53

75.84

6.28

100.19

15,

1955

l%s Oct

100.20

l%s

101.12

1955

100.21

100.18

1954

15,

101.14

Capital

8.71

7.95

2.53

Dated

Bid

Ask

Bld

Ask

8-

2-54

bl.00

0.65%

1.30%

6-

1-54

12-

1-54

bl.10

0.90%

12-

1-53

9-

1-54

bl.05

0.75%

1.50%

4-

1-54

1-

3-55

bl.15

0.95%

13.19

13.19

2.15%

Do*

Bat#

1

11.63

12.64

1

1- 4-54

10-

1-54

bl.05

0.80%

1.45%

5-

3-54

2-

1-55

bl.15

1.00%

2-

1-54

11-

1-54

bl.10

0.85%

1.40%

6-

1-54

3-

1-55

bl.20

1.05%

5-

3-54

11-

1-54

bl.10

0.85%

1.30%

7-

1-54

4-

1-55

bl.20

1.05%

1.60%

3-

1-54

12-

1-54

bl.10

0.90%

1.20%

8-

2-54

5-

2-55

bl.20

1.10%

7.57

8.13

8.89

5.23

5.72

1

Series

10.97

6.93

1

Series

10.04

1

3.75

4.10

I

6.10

6.67

1

13.14

14.36

Inc„lc

4.70

5.16

of

Canada

3.02

1

Trust

19.65

13.00
8.79
10.95

Pioneer

9.97

10.92

Price

$1.50

Bid

1

July 29, 1954
August 5, 1954

Street

September

9,

99.982

99.988

September

16,

Fund

25%

27%

25

32

*

Inc

13.32

Puritan

Fund

6.47

Putnam

(Geo)

9.26

Scudder

Fund

8.99

9.85
12.05

Inc

1

Fund

1

(net asset value)—*

17.60

16.28
21.39

23.12

32^

34%

31.85

31.85

1

17.78

17.78

9.83

>10.10
7.60

7.77

8.52

Selected

2V2

15.50

16.76

Clark-

&

Stock Fund

Shares

10.00
4.08

9.11

31.70
13.49

*

21.17

21.17

1

13.54

Income Foundation Fund Inc_ 10c

2.19

1

Investors

Investors

26.11

26.11

Television-Electronics Fund

1

9.04

9.85

32.65

Texas Fund Inc

1

6.15

6.72

13.90

United

Fund—1

7.80

8.48

Funds

United

United

13.73

Institutional

United

1.07

Income Fund

Science

1

5.50

6.01

Shares.l

15.20

16.52

.1

7.39

8.08

1

6.88

7.52

Fund

lc
Fund_lc

Growth

Line

Income

lc

Inc
:

•:

1-

lc

Investment Co of America

1

.

Insurance Fund

Inc—1

19.55

Van Strum & Towne Fund Inc_l

18.51

Wall

5.46

Street

Investing Corp—_1

5.00

5.46

9.48

10.33

16.53

16.86

Mutual

Investors

5.98

Fund

*

Harris

48%

Northern

3%

(White Plains N Y)

67%

1.41

1.56

Whitehall

7.35

8.03

Wisconsin

102

107

10

131

Aetna

Casualty

&

Aetna

Life

10

Inc

1

Fund

Inc

12.33

13.22

1

22.70

24.75

1

Investment

21.64

23.39

1

Co

4.70

5.08

149

161

72

10

———

Agricultural Insurance Co

10 '

'
„

Companies

Fiduciary Trust

of

National

74 '/2

'

153

Hartford

Steamboiler

5

Home

Insurance

of

Co

North

74%
46 %

Amer„5

Jersey Insurance Co of N Y—10

—4

49%

51%

Lincoln

5
American Fidelity & Casualty_5
$1.25 conv preferred
—5

34%

36%

Maryland

30VH

31%

$2.10

Equitable Assur

American

National

Life

23

New Rochelle

20

70

66

55

58

20

70%
96

(The)

Bank

1
'
Industrial Bank of Commerce.10

Irving Trust
Kings County Trust Co
Long Island Trust
Manufacturers

Trust

40

.

New

Public

153

10

70%

163

28%

31

;

267

20

Bank

55%

25

Bank

&

Trust_17%

125
.

44%

32%
275

57%
128

46%"

25

125

132

10

17

18

100

295

302

&

American Surety

25

65'/a

67%

National Fire

Automobile

10

2

10
5

Co

'

98%

48 %

5

28%

Assurance

5

Manufacturers

4

55%
11%

12%

10

93 %

95%

67

46%

48 %

2

46%

48%

10

46%

48 %

5

26%

28%

35

36%

Hampshire Fire
York

42

New

28

29%

North

10

354

364

Northeastern

Continental Casualty Co__

10

145

150

Northern

Crum

Inc—

10

65%

67%

Pacific

Assoc

•

59%

61 %

Pacific

Connecticut General

&

Forster

Employees

Group

Life

Fire

2.50

3.33%

Fire

&

Assn

Deposit
of

Firemen's

of

of

Md

91

10

66

5

26%

27%

10

120%

124%

10

29%

33%

Phoenix

79%

83 %

Providence-Washington

53%

68

Newark-

5

35

36%

Reinsurance

Republic

Corp

(N Y)

(Texas)

Globe

&

Republic

Globe

&

Rutgers

Great

i

Gulf Life
recover

(Jacksonville

45%

Seaboard Surety Co

10

46

71%

73%

Security

10

10

55%

10

59%

5

18%

20

Springfield Fire & Marine

48

50

Standard

39%

40%

Travelers

Fla)_2%

Fire




57

47

44

5

iLartford Fire Insurance Co

45

43%

Haven)

10

10

Accident—_t
I

31%

10%

54

6.25

5

5

Fire

American

-■
-

9%

10

(New

Oregon Power 3y4SPower &

Lt

3%s_

IOO 1,415

100 'A

100 ya

1989

100%

100 ya

100 '/2

3%s_1979

Consumers Power 3s
Detroit

Edison

10

32

34

10

52%

54%

25

37%

39

54

56

—1984

•

Angeles

Nat'I

Bank_12.50

l'

Mellon

Bank

Nat'I

&

Trust—25

86%

89%

47

49

20

Peoples 1st Nat'I Bank & Tr__20
Louis
National

American

Bank

National

Boatmen's

38%

40%

20

51%

54%

-17

55%

Trust_20

29%

25

51%

54%

Bank

National

Bank

Manufacturers

Bank

First

Mercantile
Mutual
St

Trust

Bank

Louis

81

Co—

81 Trust

Union

United

Bank

58 %

25

65

61%

65%

20

65

100

81 Trust

61

20

Trust.

Tower Grove Bank 81 Trust

160

Francisco

Bank

of

NT&S A—6.25

Amer

36%

Gas Light

Serv

El

&

3%s

Gas

1979

3%s_1984

San

Diego Gas & El 27/as__1984
Southern Nat Gas 3%s
1974
United

100 'A

1984

k„
103 ya

103%

Gen

Motors

2%s -1964

987/a

99'/8

3yas—

Accept

3s

Gulf

1969

3'As

—1934

Power 3s_1989

Power

Public

Laclede

Gas

Montana

Service

3%s

3s

__

Power 3'As

3yaS
New

—1984

_

.

1974

1979
—1984

Jersey Bell Tel 3s

38

,

101%

103%

104 'A

97%

98

100

100%

1974

101%

101%

Imprvnu

Gas

3%s_1979

101%

102%

Light 3%s

Electric

3VaS

101%
100
98

102

102%

1979

100

100 y4

West

1984

Penn

100 V2

98%

Dallas
F1

Nat

100%

Louisiana

102

102'/a

4.16%

102'A

100 y2

100%
101

100 y4

3s

57%

FOOTNOTES

FOR

99'A
101

& Lgt
Gas

Power

4%

5.65%
&

U S

Fidelity & Guaranty Co__10

73%

75%

Fire

3

48%

50 V?

k admitted

2

28%

30%

Stock

to

listing on the New York

Exchange.

100%

pfd

•
pfd.100

99%

100%

108

109

Light—

preferred

100

4.36%
Ohio

preferred

Power 4.08%

99%

100%

100

102

103%

preferred.100

101

102%

Gas Transmission—

5.85%

preferred

5.12%

preferred

—100
100

OVER-THE-COUNTER ISSUES

61 %

U

99%

Mississippi Pow & Lgt—

Tenn

99

Power

Power

Paso

100%
101%

3%s

Stocks-

102 »/4

100%

1984

102%

1984

Electric

100%

—1989

Panhandle Eastern Pipe Line—
3%s
—1974
Penn

100

1934

Vireinia

46

1,455

Ask

101

3%S-

Gas

Utah Power &

3'/4S_1974

49

.

Bid

Bonds—(Cont.)
Public

Tennessee

1984

2%s

Light

30%

Westchester Fire

Co

Washington Gas Lt 3%s

Duquesne

45%
179

39

Bank

City

Peoples

100%

Gas

43%
-

37%

of Commerce

National

Pittsburgh

Ask

101

1984

k__

Natural

29

174

10

33%

Security Issues

1984

•No par value,
b Bid yield price.

S

29

Consol

Northern Natural Gas

10

St Paul Fire & Marine

General Reinsurance Corp
G«eut> Falls—

2

27%

Bid

Cleve Elec Ilium 3s

Iowa
69

55%

66

10

Bonds-

Houston Lighting

10

32

2.50

(S F)

67%

9%

Indemnity Co
Peerless Casualty Co„

59

Philadephia——10

Fireman's Fund

8»/a

12.50

+

10

Reinsurance

Federal

Fidelity

Fire

River

4

Emploj'ers

7%

Commonwealth Edison 3s_ —1984

5

Casualty

New

39%

6%

Recent

100%

National Union Fire

J)__5

(N

Los

San

10

38

New Amsterdam

Assn

55 %

240

78%

29%

Fire

Shippers

54

72%

Rye National Bank—
Sterling National

Central

Massachusetts Bonding

Fire Ins

225

Trust

St.
30

100

Trust—

Nat'I

Calif

Merchants

Insurance

32

50

37

20

City

York

53%

Merchants

Camden

425
435

20

First National Bank

27%

.20

Co

of Freeport

50%

31%

Bo'iun

305

405

16

Security-First
34

26%

10

Morgan (J P) & Co Inc

10

prior preferred

29%
113

Bank

National Bank of Detroit

Meadow Brook National Bank

35%

32%

108

298

420

Co

Hartford

99

34%

307/a

&

100

72%

20

common—_1

Casualty

30%

Bankers

Co

Trust

Bank

Jersey

10

294 Vz

27%

Re-insurance

67

100%

City Bank

Detroit

Guaranty Trust Co

284%

5

Co

100

Savings Bk—100

97%

Connecticut

24%

&

Franklin Square N Y

10

(Newark N J)—2%

Amrr Ins

American

64

Bid

10.

36%

Automobile

25

Trust—33%

Bank

81

Trust

National

National

Albany, N. Y.
Par

34%

American

Central

Bank

State Bank of Albany

/Ask

155

10

Co

Insurance

Aetna

Surety

Bid

Trust

&

136

10

Trust

&

United States Trust

Insurance

National

Cleveland

(

16

;

Bank

Bank

Cleveland

4%

65%

Trade Bank & Trust Co

Far.

Aak

Trust

Stamped (ex-distribution
Exchange Bank Trust—20
County Trust Co

National

Wellington Fund

'

;

,

Fund

16.92

Washington

Income Fund

.—

17.88
-

Institutional
Institutional

Value Line Fund Inc
Value

Fund

Foundation

|

.

.

Institutional

97c

&

First

53%

Hanover

Inc—

Accumulated

United Continental Fund

;

2.40

12.70

Fund—lc

Bank

50%

Corn

Federation

BK

Illinois

National

Franklin National Bank—

Institutional Shares Ltd—

Bank

Continental

49

70.25

8.31

Institutional

City Nat'I Bank and Trust

46

66.75

9.13

Incorporated

far

51%

Investment Corp—•
Stein Roe & Famham Fund
I

3.71

14.64

Companies

10

Tr__25

41

Utility shares—
—lc
Growth Industry Shares Inc—I
Guardian Mutual Fund Inc
1

•

99.826

418

State Street

Fund Inc—

Continental

&

38

9.92

Hudson

Bk

406

9.05

Inc—

State

10

lc
lc
lc

Fund

Commercial

of the City of N Y
100
First Westchester Natl Bank

shares

Haydock

99.819

56 %

First

stock

shares..—:

1954

15

Trust

&

425

10.45

Sovereign

shares

99.844

21,

54%

33.19

5.10

Tobacco

Bank

41

413

10

9.54

Shareholders Trust of Boston—1

4.64

Steel

39%

100

Trust

30.70

3.25

lc

Railroad

10

of New York

1

2.95

shares

-

99.836

Chicago

Empire Trust

Equipment

Railroad
RR

99.860

1954

Ask

Union

(net

value)—^
Amer

Bid

York

Chemical

9.44

'—lc
Bond shares—-—lc

New

Bank of the Manhattan Co

Chase National Bank

9.22

shares—

rar

44.64

of Canada Inc„1

Stevens

1954
1954

14,

October

43.76

6-93

Common

October

Bank

"

asset

99.932

Bankers

-•

Scudder,

99.922

1954-

17.76

shares—lo

shares—

99.850

14.56

shares--;—lc
lc,

Bond

Merchandising

October 7, 1954

22.52

Scudder, Stevens & Clark

11.00

September

99.947

17.40

Growth Stock

6.80

Inc

September

99.961

99.938

20.72

1

Fund

99.973

99.952

1

8.45

6.20

99.875

99.966

1954
1954

2.50

Inc

5.90

lc
lc
administered shares—lc
General bond shares
lc
Industrial Machinery shares-lc
shares

99.890

99.864

1954

19.

7%

5

Inc

(T Rowe)

99.879

12,

Bank & Trust

7

5

Fund

99.905

26,

23,

-

99.919

99.893

1954

30.

Ask

99.908

August

2.95

Fund

1954

August

6.94

Fund

Electrical

August

Bid

99.997

21.24

Trading

Philadelphia
Pine

Dollar Taint

Ask

99.995

Shares—

preferred
&

Bills

Dollar Value

3.31

1955

Petroleum

wi

United States Treasury

September 2,

1956

10.00

Petroleum

Fund

Fund

Series

11.87
7.47

Institutional

Series

lc

Series

lc
lc

Fully

Mining

Stock

American

8.34

Equipment Shares

Food

-

1.90%

15.79

1

England

15.77

&

DM

18.54

14.61

1

Stock

17.27

1

Series

Resources

7.61

Electronics

Dated

1.35%

Fund Inc

lc
(The) Stock Fund-lc

Common

99.20

11- 2-53

Fund

Natural

14.41

Fund—

100.19

99.12

2.25%

interest

Resources

lc

shares

100.2

100.17

2.35%

Series

Growth

lc

shares
Growth

Building

Chemical

15, 1959
1, 1959

100.4

99.26

1958

9.42

Pacific Amer Investors com__10c

shares

99.28

1958

1,

Feb.

22.90

Corp—

Natural

Group Securities—
shares—

1,

l%s April

6.83

Automobile

100.20

35.04

Speculative Series

7.08

Aviation

103.30
100.20

100.12

1957

8.58

Series

Income

11.09

Inc

1,

101.8

103.28
100.12

32.41

Investors Corp
Security Series—

Preferred

12.61

Capital Corp
General Investors Trust

1957

1957

Securities—

Balanced

10.20

Inc

101

1956

15,

1,

101.10

Federal Intermediate Credit Bank Debentures

25.71

21.18

Shares—

Trust

beneficial

11.51

Industries Fund

101.2

1956

1

asset value

shares—1

Futures

1,

April

l%s April

15,

l%s Dec.

Rata

interest—•

Shares

Net

23.78

Fund—

Mutual

Fund
*
Funds Inc—
Common stock series
lc
Preferred stock series
lc

Gas

1,

1954
1955

100.14

Ask

Bid

Notes—(Cont.)

April

:1

Life

beneficial

Balanced

General

,

more 32nds of a point

or

l%s

100.14

Treasury Notes—

Stock

Inc

15.21

Investors Inc

■

8.91

lc

Investors

Nation

Franklin Custodian

Fundamental

113%

2.37

12.25

Mutual

100.8

112%

1961

Maturity-

l%s Oct.

lc

shares

shares

17.94

interest

Beneficial

100.4

Canal 3s

Treasury

1954

15,
l%s May 17.

lc

shares

Invest Fund Inc

Fund of Boston—

Founders

99.30

1,

3.89

Units

13.75

2.15

1°

102.2

99.22

May

Indebtedness—

4.46

Massachusetts

-

First Boston Corp

of

5.69

Mutual

Equity Fund Inc
20c
Fidelity Fund Inc
-5
Financial Industrial Fund Inc_l

100.30

101.26

1957-55

2%s

Bid

3.20

Fund

8.65

Diversified Trustee Shares-

—

100.26

1956

Figures after decimal point represent one

4.05

^

Mutual

Diversified Growth

1

1955_.

1,

1,

100.19

Maturity—

2.90

Ctfs

2.50
25c

1,

2%s May
l%s Oct.

U. S. Certificates of Indebtedness & Notes

5.17

Steel

100.15

i

lc

Paper

100.12

Panama

2%s Aug. 15,
2%s Sep. 15.

Non-Ferrous

47.09

Fund

40.54

Mass

46.62

Dreyfus Fund Inc
Baton & Howard—
Balanced Fund

40.54

•

shares

1954

2%s Feb.

32

V

'

1,

100.15

1, 1955

Equipment shares_lc
Electrical Equipment shares_lc
General Industries shares—lc

12.24

1
Fund—1

100

•„

1, 1957

6.66

Business

Inc
11.40

Shares

2s June

Ask

Nov.

11.66

Manhattan

12.12

E

1 %s June

2%s

100.054

100 &

Central Bank for Cooperatives—
2%s Feb. 1, 1955

Certificates

-

100.020

1954
1955

Massachusetts Investors Trust—

10.42

Stock Fund

6.08

10.67

15.20

1

Formula

1

25c

Fund

36i/2

1
1

Diversified Investment

1.30s

Bid

Federal Land Bank Bonds—

Banks—

Loan

15,
Jan. 17,

7.90

Value)

i;V. Automobile

point

11.06

7.24

14.06

Fund Inc.
Vegh Mutual Fund Inc

Stock

10.13

Stks)_l

341/2

Income

Fund.:

Home

Sep.

Mutual Fund—

Asset

a

11.31

Fund

Trust

Sayles

Federal

15.21

1

De Vegh Income

Com

more 32nd* of

or

Ask

15.52

10.36

Managed Funds—

18.12

Consolidated Investment Trust-1

Dividend

10.23

14.22

14.46

4.33

1
1

Priced

Knickerbocker

9.64

8.92
26.12

—1

Composite Fund Inc
Concord Fund Inc

Series

9.38

Stk)_l

Stocks)

(Low

Petroleum

Inc,

Delaware

Stks)_l

Com

(Speculative Com Stk)„1

Composite Bond & Stock

De

Pfd

Com

S-4

.

Western

(Speculative

S-3

Securities

Dividend

20.21

K-2

——

Crown

18.53

S-l

21.50
23.24
1
23.73
25.66
com—100 8,900
9,200
Preferred
100
136
141
Colonial Fund
Inc
1
15.06
16.35
Commonwealth Investment
1
7.66
8.33

Fund

12.43

1

Stocks)

11.39

23.74

Invest

Venture

Christiana

Pfd

20.60

1

Bonds)

27.45

18.88

29.21

Fund Inc—-_10c
Corp
5
1
Canada General Fund Inc
^.1
Canadian Fund Inc
1

Chemical

28.25

25.16

22.03

Bullock Fund Ltd—

Capital

27.07

1

27.02

Bowling Green
Street

1

Bonds)_l

Bonds)

1

Boston Fund Inc.

Broad

Bonds)

Grade

Priced

—*

America

of

Tr

Inv

(Investment

3%
12.15

3%
11.13

34.58

1.15s

11%

10'/2

33.90

Keystone Custodian Funds—
B-l

Inc

Figures after decimal point represent one
15.75
Bid

__

1

Inc

Development

Atomic

Bfi
14.41

Mutual

1

Fund

Mutual

American

Boston—1

t New

stock,

Ex-dividend,

x

wi When issued,
y

Ex-rights.

105

106

100

101

%

Number 5345

Volume 180

.

The Commercial and Financial Chronicle

.

.

(389)

Week Ended

THE COURSE OF BANK CLEARINGS
will show

Bank Clearings this week

liminary figures compiled by us based
of the country,

increase compared with

an

a year ago.

Pre¬

telegraphic advices from the chief cities

upon

indicate that for the week ended Saturday, July 24, clearings for all

be 10.8%

above those of the corresponding week last year.

stands at $19,823,878,904 against
center there is

Our preliminary total

At this

$17,896,452,587 for the same week in 1953.

gain for the week ending Friday of 13.3%.

a

clearings will

Our comparative sum¬

Inc.or

$

Dec. %

1,486, 620

+ 16.4

1,923,,476

—21.4

2,181, 572

—10.9

1,607,778

2,253, 613
1,097,000 000

+ 131.4

4,868,203

5,215,642

Philadelphia
Reading

1,148.000 1Q0
4,206,683

(11

13.3

932,492,034

898,902,641

+

3.7

1,084,000,000

+

4.4

Cleveland

630,984,608

359,000,000

Louis

Francisco

364,600,000

568,403,000

524,293,817

Pittsburgh

381,407,902

382,722,277

Cleveland

cities)

502,129,198

509,710,553

299,624,112

293,594,387

Baltimore

<

cities, five days

Other cities,

Total

3,483,280,095

+13.2

3,942,434,975

13 261 171

378,834,281

Total

all

five

$19,035,391,909

$17,200,995,485

11,652.388

—

Virginia—Huntington

4,387,881

Virginia—Norfolk

all

cities

for

week

I

6,451,886

320,374,845
124,245,704

330,541,028
114,640,201

641,655,552

647,619,388

+10.8

Complete and exact details for the week covered by the foregoing will appear
in

issue of next week.

our

ends

We cannot

inasmuch

furnish them today,

Saturday, and the Saturday figures

19,954,000

172,521,371
5,781,057

Columbia—Washington..

+13.4

day

Total
Total

4,181,731

18,872,000

167,323,236

Carolina—Charleston
Maryland—Baltimore

+10.7

695,457,102

$19,823,878,904 $17,896,452,587

days

1,245,447,368

10,357,638

Richmond

788,486,995

cities,

one

1,207,405,880

52,410,600
—

(7 cities).

District of

cities,

10,785,666
271,667,868
509,424,433
49,762,100
10,425,402
12,080,244
381,301,655

480,263,534

South

All

the week

as

not available at time of going to press.

cities)

(6

Tennessee—Knoxville

27,396,306

Nashville

In the elaborate

i

we

detailed

July 17.

For that week there

week

same

in

1953.

was

Outside

clearings at this center showing

the New York

sion of

week ended

—

increase of 16.7%, the aggregate of

an

of this

Reserve District

clearing^

3.1%

and

District

of 4.9%.

located and from this

note that

we

(including this city) the totals show

In the Cleveland Reserve District the totals

the Richmond

in

the

totals

Reserve

larger by

are

10.5%.

an

expan¬

are

0.7

8,067,127

229,894,652
431,280,281
39,326,500
6,851,106

9,273,612

0.6

344,435,451

8,799,362
356,453,416

3.1

1,112,422,198

1,080,672,444

5.4

3,886,601
20,614,000

3.0

—

6,960,277

3.5

—

175,442,889

3,231,903
16,424,000
159,223,791

4.9

+
—

—

+ 11.6

5,602,658

4,282,369

—

3.1

+

8.4

297,076,807
107,799,036

266,735,182
108,144,813

—

0.9

610,421,99 1

558,042,058

3.9

24,130,330

7,213,583

—14.8
—26.1

7,539,665
5,216,775

4,013,901

45.2

130,388,763
138,457,496

+ 11.1

8,889,398

7,305,305

5.1

430,466

5.6

148,216,754

471,596
146,250,275

897,385,085

819,084,672

—

—

+

Florida—Jacksonville

171,829,335

Alabama—Birmingham

192,733,689

11,411,343

10,269,056

567,688

159,773,400

597,940
151,308,616

1,008,267,285

912,684,676

+10.5

+ 14.8

Mobile

Louisiana—New
Total

Orleans

(10 cities)

Seventh Federal Reserve

+ 13.0
+

—

+

87,030,201

120,124,032
128,510,213

2,199,080

Indiana—Fort

Chicago Reserve District records

a

1,914,703

1,536,927

1,484,305

17,005,781

16,198,149

+

5.0

12,507,786

13,108,291

10,449,086

Lansing

9,800,825

+

6.6

7,131,607

9,355,870

9,802,792

4.6

7,360,797
8,497,602

87,946,000

77,816,000

+ 13.0

79,228,000

9,163,723

10,481,073

—12.6

8,918,617

61,385,000
10,674,938

4,347,614
114,604,388

4,435,748
108,549,926

2.0

3.886.118
103,920,830

88,105,722

5,652,252

5,071,049

38,472,605

39,023,323

4.994.119
34,798,191

31,204,261

14,499,151
1,859,101

14,865,703
1,713,113

917,026,134
4,532,943

862,731,469
12,815,286

Wayne

South

Bend
Haute

;

Wisconsin—Milwaukee
Iowa—Cedar Rapids
Des Moines

iloss of 1.2% and the St. Louis Reserve District of 1.5%, but the Minneapolis Reserve

Sioux

City

14,951,887

Illinois—Bloomington
Chicago

,

15,614,517

—

—

5.6

+

+ 11.5

1.4

—

—

4.2

7,123,429

3,388,373
3,964,200

show

registers

gain

a

of

7.0%.

In

Kansas

City Reserve District the totals

following

we

furnish

a

summary

1,526,824

1,014,980,915

5,513,393

6,060,927

15,201,164

15,570,566

9,404,191

8,633,478

+

8.9

14,280,722
9,989,553

5,897,936

5,452,275

+

8.2

5,072,067

4,361,589

1,335,260,987

1,350,933,090

—

1.2

1,232,908,658

1,133,927,200

7.6

349,800,000

Decatur

and in the

Peoria

San Francisco Reserve District of 5.6%.
In the

1,636,120

Rockford

the

improvement of 8.5%, in the Dallas Reserve District of 6.4%

an

983,459,897

Springfield

District

by Federal Reserve Districts:

Total

(17 cities)
I

■■■

SUMMARY
Week Ended July 17—

,

1st

New

3rd

1953

12 cities

Philadelphia

1951

1952

Inc. or

$

$

Boston

:

V

'

7.2

+
—

—

3.1
9.0

2.4

—

3,437,804
6,432,110

.

OF BANK CLEARINGS

1954

2nd

it*®.

6,248,819

District—Chicago-

Michigan—Ann Arbor
Grand Rapids

smaller by

by 0.9%, but in the Atlanta Reserve

The

5.3

—

6,516,054
152,003,536
132,700,178

Terre

District

+
—

453,080,909
45,423,800

295,000,000

4,813,616

Indianapolis

District

5.7

gain of 2.8%, the bank

30.5%, in the Boston Reserve District of 3.6% and in the Philadelphia Re¬

serve

—

23,239,237
95,406,531

6,147,931

We group the cities according

increase of 32.3%.

an

a

8,522,775
244,725,374

4.1

—

339,600,000

Augusta

$21,.434,068,552 against $18,369,995,715 in

city there was

to the Federal Reserve Districts in which they are
in

the previous week

+ 23.0

9,661,050

3.4

106,862,881
316,700,000

Mississippi—Vicksburg

for the whole country having amounted to

the

has to be estimated.

statement, however, which we present further below,

able to give final and complete results of

are

cases

1,112,368,981

0.7

28,512,832

106,093,977
327,500,000

Georgia—Atlanta

Accordingly, in the above the last day of the week in all

1,171,673,206

Sixth Federal Reserve District—Atlanta-

Macon

are

4.9

Fifth Federal Reserve District—Richmond—

2.1

+

+10.0

five days

10,887,821

1.5

$15,092,956,934 $13,717,715,390

;

13,352,829
9,162,488

+

26o',626',268

0.3

—

West
Ten

6.8

7.5

1,153,075,393

Pennsylvania—Pittsburgh

8.4

+

5,792,915

+

+

1,209,061,954

,

Youngstown

1.5

—

3,273,733

7,278,400

13,680 ,608
12,133 ,479

—

Mansfield

9.3

+
—

+ 11.7

14,614,974

Columbus

+ 10.6

371,654,944

6,577,156

3,005,254

13,049,367

Ohio—Canton

570,687,117

406,089,555

—

3,706,168

7,264,753

8,469 791

Cincinnati

1,132,000,000

Kansas City

3,612,167

9.5

—

Fourth Federal Reserve District—Cleveland—

+

Boston

1,119,000,000

3,591 874

Jersey—Trenton

$8,717,549,654

Philadelphia

San

%

4.6

9,462,483

Delaware—Wilmington

1,749,486
1,263,335

+ 16.7

+

3,250,252

Wilkes-Barre

1,342,019

1,188,677

—10.0

3,606, 173
6,748 187

York

1,332,657
'

Ol.

4,115,298
1,064,000,000

6,075,164

_

Scranton

$9,880,826,530

Chicago

St.

1953

1954

York

1951

t

1,730.231

Chester

CLEARINGS—RETURNS BY TELEGRAPH

New

1952

.

1,512,643
1,944,465

Bethlehem

Total

Week Ended July 24—

.

Third Federal Reserve District—
-Philadelphia—

New

for the week follows:

mary

1953

$

Lancaster

cities of the United States for which it is possible to obtain weekly

July 17

1954

Pennsylvania—Altoona

45

Dec. %

$

$

Eighth Federal Reserve District—St. Louis—
Missouri—St.

378,000,000

698,481,025

3.6

659,725,208

'608,950,418

Kentucky—Louisville

"

11,896,162,347

9,113,489,450

+30.5

9,072,766,305

7,964,066,775

Tennessee—Memphis

11

**

1,209,061,954

1,153,075,393.

+

4.9

1,171,673,206

1,112,368,981

4th Cleveland

7

"

1,207,405,880

1,245,447,368

—

3.1

1,112,422,198

1,080,672,444

6th

0

"

641,655,552

647,619,388

—

0.9

610,421,991

351,400,000

137,103,188
119,699,554

Louis

723,709,685

11

116,469,973

176,842,360

—22.5

165,099,146

311,800,000
144,686,964

2.8

103,721,624
2,107,527

562,316,115

+

558,042,058

6th

York

Richmond

Atlanta

7th

647,115,396

1.5

625,072,571

1,008,267,285

912,684,676

+10.5

897,385,085

819,084,672

"

1,335,260,987

1,350,933,090

—

1.2

1,232,908,658

1,133,927,200

8,794,238

8,962,560

1.9

7,609,842

8,165,143

*'

637,648,220

647,115,396

—

1.5

625,072,571

562,316,115

Minneapolis

356,631,329

332,040,501

+

7.4

333,320,486

301,485,756

7

"

533,073,119

498,262,522 -+

7.0

469,888,312

452,558,362

St.

Paul

133,791,580

126,540,927

+

5.7

115,556,985

668,711,061

616,414,499

+

8.5

650,748,484

458,101,784

8,883,909
5,263,232

8,305,720
5,225,722

488,244,257

458,709,243

+

6.4

444,631,536

380,956,961

6,023,611
13,685,220

5,328,102
11,858,990

533,073,119

498,262,522

Minneapolis-—.
City

-

/

_10

11th Dallas

6

Total

"

10

Francisco

"

New

York

City

1,084,868,205

1,027,763,665

21,434,068,552

18,369,995,715

10,002,815,888

-

111 Cities

Outside

cities)

"

Louis

San

+ 18.4

.

9,726,954,635

"

5.6

995,406,435

996,911,868

+16.7

17,943,049,989

16,127,957,638

2.8

9,210,946,839

Ninth Federal Reserve

District—Minneapolis-

Minnesota—Duluth

North Dakota—Fargo

—.

Dakota—Aberdeen

South

Montana—Billings
Helena

now

week ended

add

our

+

detailed statement showing the figures for each city for

July 17 for four

Total

(7 cities)

Clearings at—

.

Inc.

'.$

Dec. %

1952

or

$

1951
$

2,515,372

—

2.0

2,229,801

1,848,395

6,415,137

i

Fall

5,885,919

+

9.0

5,089,512

4,247,482

New

Bedford

Total

(12

165,306,166

156,901,662

5.4

Joseph

2.9

2,621,734

2,339,790

+

5.8

11,412,734

9,772,729

3,660,241
12,304,257

11,624,941
37,961,502

+

15,716,704

33,439,600

2,642,884
698,481,025

—15.0

8,960,104

7,095,957

2.7

32,125,429

27,555,363

+11.3

14,465,927

15,004,709

—17.2

33,992,000

j—

4.0

1,969,623

+

3.6

659,725,208

608,950,418

New

i

123,883,222

Galveston
Wichita

-

Jersey—Newark

Northern

New

(11

4

Jersey

—f2.1

24,148,219

13,935,928

—

9.9

3,898,247

3,609,761

—

2.4

119,749,642

110,141,016

2,958,059

cities)—.




3,280,378
2,455,270

616,414,499

+

8.5

650,748,484

458,101,784

•
,

668,711,061

10,342,922

+

21.9

9,347,769

7,136,508

387,906,530

+

5.4

374,529,724

319.627,859

34,215,766

+

8.5

35,488,882

31,314,979
6,155,000

6,976,000

7,308,000

6,354,968

12,913,057

488,244,257

458,709,243

6,478,000

+

4.8

+

11.7

6,260,035

6,085,824

+ 18.4

12,527,126

10,636,791

444,631,536

380,956,961

+

6.4

Twelfth Federal Reserve District—San Francisco—
175,157,114

172,943,009

6,086,843

4,826,949

+

1.3

.

166,420,151
3,789,244

176,132,020

+ 26.1

4.608,865

0.5

175,434,660

5.7

75,992,860

162,995,829
62,565,522
16,257,381

Lake

City__

184,257,187
80,773,805

California—Long

Beach

23,802,682

185,185,345
76,453,299
22,592,512

+

5.4

17,676,807

16.478,490

+

7.3

15,710,677

568,410,573

515,100,404

+

8.4

489,814,696

539,724,730

20,584,832

17,718,775
5,319,683
11,145,199

+

16.2'

16,010,520

11,955,256

Oregon—Portland
Utah—Salt

1.5

2,137,912

1,977,696

San

Francisco

2,138,496

+28.3

2,138,817

2,391,247

San

Jose

8,643,041;080

+32.3

8,732,103,150

7,663,719,174

31,44t»Ti72

+13.5

26,106,397

19,374,238

22,153;201

—12.5

19,346,010

17,138,613

23.245,837

+11.9

20,336,448

—

+

22,478,130
1

11,872,479

23,194,497

17,847,523

,—

6,881,553

Barbara

11,236,809

+

56,323.010

50,053,232

69,559^95

+_6.6

66,478,453

60,058,088

11,896,162,347

9,113,489,450

+30.5

9,072,766,305

7,964,066,775

5.6

:

Total

1,084,868,205

(10 cities)

Grand total

63.62YT709

-

Santa

Stockton

74,126,039

67,220,581
,

3,681,921
3,401,754

7,098,521

(6 cities)

26,002,822
*

.

2.9

15,291,143

Falls

35,686,041
..

10,578,621

+ 39.3
+

12,612,757

Louisiana—Shreveport

11,431,252,664

Syracuse

+ 21.3

4,411,397
3,633,364

37,111.799

Worth

Yakima

4,490,425

2,744,333

Connecticut—Stamford

415,718,359
13,613,682

408,822,037

Texas—Austin

Total

126,951,654

,2,912,913

York

Total

1

(10 cities)

Pasadena

Rochester

New

Total

1,517,044

4,044,652

Jamestown

8.1

29,668,100

123,874,406

Buffalo

+

Eleventh Federal Reserve District—Dallas-

Washington—Seattle

108,923,658

Binghamton

7,908,241
16,798,114
264,195,436

23,410,962

395,205,885
11,505,098

6,144,800

Dallas
Fort

10.4

2,071,838

—

+

3,738,785

Pueblo

1,025,806

7,128,700
144,446,493

12,408,244

9,626,974
23,497,389

427,341,782
13,950,522

City

Colorado—Colorado Springs

1,430,480

+

+ 44.1

13 871,503

Wichita

8.2

723,709,685

Elmira

771,331
531,210

166,980,655

—

25,946,853

Kansas—Topeka

+

2,536,485

York—Albany

1,066,973

City953,105

1,176,119

Second Federal Reserve District—New York—
New

8.8

7,585,876

9,512,829

506,803,205

27,679,300

cities)

452,558,362

8.1

2,427,113

17,495,564

New Hampshire—Manchester

469,888,312

8.3

543,000,751

39,002,272

Rhode Island—Providence

7.0

+

+

5.1

+

9,880,999

Haven

11,843,496

+

—2.6

3,555,338

Connecticut—Hartford

13,108,423

9,763,898

3,266,310

13,017,565

Worcester

+ 15.4

10,549,253

1,272,289

Springfield

New

568,287,176

3,750,456

918,117

3,180,353

597,209,005

River

Lowell

4,170,850

5,014,399

950,715

—

•

Massachusetts—Boston

4,960,947

994,463

St.

2,465,373

Portland

0.7

866,934

Nebraska—Fremont

Missouri—Kansas

First Federal Reserve District—Boston—
Maine—Bangor

7.0

+

+ 13.1

Omaha

July 17

1953

$

,

+

97,437,073
8.437,142

Lincoln

years:

1954

.

the

Hastings
Week Ended

,

—

8,464,238,464

+

Tenth Federal Reserve District—Kansas

We

+

4

9th

lith

(4

2,403,063

'

Illinois—Quincy
Total

2,845,478

107,558,537
2,614,888

637,648,220

-

10

St

Kansas

;

17

,

Chicago

6th

10th

+

(111

cities)

Outside New York City
•Estimated.

.

1,027,763,665

21,434.068.552

18,369,995.715

10,002,815,888

9,726,954,635

+

29.4

17,746,199
5,826,198

+

0.8

11,662,130

+

5,320,756

5.6

995,406,435

996,911,868

+ 16.7

17,943,049,989

16,127,957,638

2.8

9,210,946.839

8,464,238,464

+

r-

46

The Commercial and Financial Chronicle

(390)

.

Monday, July 26, 1954

..

ComDany and Issue—

Foreign Exchange Rates
certifies daily to the Secretary

RATES

EXCHANGE

of the Treasury the buying rate for cable transfers on

16,

Noon

Country and Monetary Unit

TO

1954

JULY

July 16

.133333*

.133333*

Free

.0719820*

.0719820*

Australia,

pound

Austria, schilling

.0200125

Malaysia,

British

.0385802*

France

(Metropolitan),

franc_

.238379*
.210933
2.817812
.0799840

Germany, Deutsch Mark
India, Dominion of,
Ireland, pound
Mexico,

rupee

peso

Netherlands, guilder
New Zealand, pound
krone
Philippine Islands,

.264100

.....

2.789913

Portugal,

pesO__

—

escudo
krona

Switzerland,
United

peso

of merchandise.

depends upon type

tApplication

.0428082*+

.0428082*+

.0352609*t

,0352609*t

.326900

.210950

.00435401*

.00435401*

.00285625

.00285625

.238379*

.238379*

.210933

.210933

2.817500

3(4%

1.026796

.210950

2.817291

Crampton

Haloid

.140080*

.140080*

.496766*

.496766*

.0349000

.0349000

.193330*

.193330*\

.233200

First

2.817421

Dec. (—) since

July 14,

July 22,

1954

1954

1953

20,392,100

4,998

+

852,826

2,081

+

July 21,
..." Assets—
certificates

Gold

i_

Redemption fund of F. R. notes

97,998

.

55,742

certificate reserves

Other

+

2,917

177,915

+

12,471

5,404

378,725

+

16,920

39,270

93,312

+

10,628

427,669

1,050

notes of other banks

F. R.

+

114

1,893

_

cash

Discounts

advances...

and

Industrial loans
U. S.

153,740

21,244,926

securities:

Government

Certificates

+

$57

6,599,791

______

Notes

13,029,021

Bonds

744,650

District, and

Chicago

the

in

in

the

they

but

District,

Atlanta

Total

bought outright™

24,714.437

—188,000

—

A summary of assets and

liabilities of reporting

Co.

Total
Due

loans

from, foreign

Uncollected
Bank

cash

securities

24,714,437

—188,000

—

1954

Loans

—177,258

—

678,791

—356~160

—

6,367

Aluminum

$3.75

53,764

+

214

116,586

+

8,181

—

:

12,202

Loans

50,635,163

495,124

—492,715

Other

for

4%

5(4%

2nd

Amerada

Stock

notes

25,573,871

—

—

99,160

—

bank—reserve

accts.

19,140,595

535,880

Foreign

628,948

Member

___

Other

+

88,517

—

21,186

—142,504

+

601,659

402,290

+

—™

20,707,713

—

availability cash Items

3,199,953

2,691

104,342

Treasury

79,715

+

Deferred
Other

deposits

liabilities

72,482

—

—327,921

+

420,656

ll(j>,157

accrued

and

U.

S.

dividends

14,604

795

+

notes

49,496,141

—498,768

—

+

140

376

+

211

—

13

—

149

33,549

—

26

+

223

American

—

563

6,665

vault

1

Capital. Accounts—

(Section

Surplus

Other capital

13b I

1

+

213,129

accounts

S.

Government

5,536

American News

liabilities

and

accounts

—

211

i—

55

+
—

+

+

108

341

—

204
51

174

53,652
21,072

+1,009

+

193

+2,504
—3.350

—

856

11,306

—

97

+

1,260

—

33

—

Foreign banks
Borrowings

548

138

+

+

356
23
217

20,330

Ratio

of

—492,715

—

495,124

gold certificate re¬
deposit and F. R.

note liabilities combined

Contingent

liability

purchased

45.9%

__

on

Redemption Calls and Sinking Fund

loan

.2%

9,106

1,093

—

16,182

2,432

commitments

165

—

1,151

preferred

and

common

including those

called

under

The condition statement of weekly reporting member
banks
shows
ended
ances

of

the

Federal

Reserve

System in

following principal changes for the week
July 14: Decreases of $211 million in reserve bal¬
with Federal Reserve Banks and $856 million in

United

States

Government

deposits,

and

increases

sinking

bonds, notes,
redemption,

fund

provisions.

$341 million in demand deposits adjusted and $138 mil¬

and

agricultural

loans

de¬

creased in six districts and increased in the others, with
a net decrease of $81
million at all reporting member

banks; the principal changes
lion in New York

Consolidated

Baltimore,

preferred

1st

Electric
ref.

Light &

mtge.

s.

f.

Power

were decreases of $54 mil¬
City, $13 million in the San Francisco

Investment

Co.

of

bonds

Aug

estate loans increased

increased $96

$24 million.

Loans

million.

Holdings of Treasury bills decreased $80 million in the
York City, but this

New York District outside of New




(quar.)

1977

mortgage 4% bonds, series A, due 1965
:
Caterpillar Tractor Co. 4.20% cumul.
preferred stock
3%%

Louisiana
first

Electric

mortgage

$4.75

Utilities

series

2

8-

2

7-14

1

9-

8-

2

7-20

8-

2

7-20

X

8-20

CO

(Chicago)
8-

3

7-31

12c

8-

2

7-15

50c

(quar.)

com.

8-

2

7-15

8-

2

7-15

25c

9-15

9-

3

$1.75

9-15

9-

1

12-

1

$1.75

12-15

12y2C

7-30

7-15

50C

(reduced)

Corp.

:

1

(quar.)

9-

9-15

9-

1

$1

9-15

9-

1

$1.18%

(quar.)

9-15

50c

A

preferred B

9-15

9-

I

American President Lines, Ltd.—

5%

non-cum.

preferred

5%

non-cum,

preferred

$1.25

(quar.)

Radiator

Amer.

&

Standard

Sanitary

9-10

12-20

12-10

Corp.
25c

(quar.)
preferred (quar.)

$1.75

9-24

9-

1

9-

1

8-24

Smelting & Refining—

1st

preferred

(quar.)

Thermos

Bottle

preferred

6%

9-20

$1.25

(quar.)

$1.75

Works

8-

2

7-

O

25c

(quar.)

8-

2

7-20

50c

(quar.)

common

8-

2

7-20

7-20

$1.25

Co.,

8-

2

37V2C

9-

1

8-13

$1.25

8-

2

7-

50c

(quar.)___

Water

preferred

8-

2

7-16

Inc.—

<quar.)__

American

Zinc, Lead & Smelting Co.—
prior preferred (quar.)

$5

Anderson

Claytbn & Co. (quar.)_,
Anglo-Canadian Telephone Co.—
Class

A

tl5c

(quar.)

4(4 %
preferred
(quar.)
Anglo-Iranian Oil Co., Ltd.

t56y4c

__.

9-

1

8-

2

9

8-10
7-

9

25%

Inc.

6-10

8-10

6-10

30c

9-

9

8-11

62yj>c

(quar.)

8-10

12 (4 %

(final)

Bonus

5%

preferred

Argus

8-

1

7-20

8-

2

7-

Corp.,

Page

1st mtge. & collat. trust bonds due 1972
Lakes Pipe Line Co.—
%5-year sinking fund 2%% debentures due 1960

Iowa Power &
Light Co., 3% & 3(4% 1st mtge. bonds
Kings County Lighting Co.—
3'/a% 1st mortgage bonds due
1975T

5

com.

(quar.)

tl5c

9.7

1

7-30.

preferred

(quar.)

$$1.12%

9-

1

7-36

221/2 c

9-

1

8-

5

27'/2C

9-

1

8-

5

621/2 c

9-

1

8-

5

(quar.)_

59c

9-

1

8-

5

Corp.

20c

8-

2

7-14

56i/4c

9-

1

8-26

Ltd.,

conv.

Public

$1.10

$2.36

Aug

153

Arkansas

1

Aro

1

246

Aug 10

Sep

246

Aug

2

*

Fuel

1

246

Aug

1

59

Aug

1

254

Oil

Equipment

Co.,

(quar.)

com.

5.25%

(quar.)

4V2%

Corp.,

preferred

2nd

(quar:)_

—

(quar.)

pfd.

(quar.)__

preferred

8-13

8-13

1

8-13

$1.25

9-

1

7-30

8-

2

6-25

$1

8-

2

7-

$1.08%

(quar.)

1

1

9-

$1.25

8-

2

7-

8

$1.08%

Atchison, Topeka & Santa Fe Ry.—
5%

(quar.)

(quar.)

9-

$1.50

common

(quar.)

preferred

9-

$1,311/4

Associated Dry Goods Corp.,

Common

Sep

Service

preferred
preferred
preferred

245

Co.—

3'/2%

$1,121/2.

*

6%
D

(quar.)

Appalachian Electric Power—
4(4%
preferred (quar.)
4(4%

Co.—

bonds,

7-21
10-

10-

$1.12%
Co.

(quar.)

Aug 13

First

Central

2

20c

(s-a)

(quar.)

B

preferred

$2.50

Great

Real

246

Illinois—

due

8-

10-15

& Chemical—

A

$4

Arizona

of

prior preferred stock
American Tobacco Co., 3V4% debentures
Caroline, Clinchfield & Ohio Ry.—

release.
banks

2

REDEMPTION

5 V*%

Citizens

to

Page

Date

Co.

7-22

Animal Trap Co. of America-—

Company and Issue—

District, and $12 million in the Cleveland District.
Changes according to industry appear in another press

.

Gas,

7-23
7-22

3

35C

J.)

(quar.)

Phenolic

American Potash

Anheuser-Busch,

TENDER
Date

PARTIAL

American

industrial,

OF

Company and Issue—

oJ:

lion in borrowings.

Commercial,

NOTICE

8-20
8-16

60c

(monthly)
N.

(bi-monthly)

7%

American

7%

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."

leading cities

the

7-10

8-

85c

(quar.)

5%

list of corporate
stock
called for

a

7-23

$1.25

American

The date indicates the redemption or last date for mak¬

Comition Sfafemenf of Member Banks

Co.

preferred

American

Below will be found

7-20

8-10

37y2c

American Viscose Corp.,

Notices

.9%

+

foreign

correspondents
Industrial

+

accept¬

for

2

35c

com.

7%

American

to

serves

ances

50,635,163

2

8-

50c

Common

capital

:——

7-12

8-

American Paper Goods

759

7%
Total

7-27

(quarterly

(quar.)

+1.117

2,745

Domestic banks

8-15

40c

(quar.)

Gas Co.,

+2,167

14

2,876

Interbank demand deposits:

40,337

—

preferred

4

1

10%

Fund„

+

deposits

12,759

27,543

_

Mutual

8-

9-15

9-

6c

Class

+

7-15

1

20%

6)

Quarterly

18

+

986

+

625,013

July

(quar.)

13,920

deposits adjusted
deposits except Government

2

8-25

Ltd.

Co.,

Class

U.

7)

517

+

273,337

Capital paid ln_
(Section

Surplus

Metal

preferred

33

banks-

Demand
Time

(quar.)
stockholders

Inc.

(Newark,

—

>

domestic

8-

10-

4c

Co.

—

____

with Federal Reserve Banks

6

7-17

50c

Co.

(quar.)

American Motorists Insurance

6%

8-

1

62y2c

Shares,

8,213

—

Cash

with

Co.

21,633

:

bonds—

Insurance

Co.,

American Natural

—2,498

6

1

8-

50c

(quar.)

+

4,577

527,890

preferred

1

Liabilities—
liabilities

Total

American-Marietta

96

26

8-

9-

50c

.

(quar.)

Co.

24

—

1

$1.25

Products Corp.

Insur.

+

2,729

9-15

9-

12»/2C

7,823

Reserves
in

(quar.)

(quar.)

;

Co.

+

4

8-20

1

12 (4 c

(quar.)_

(quar.)

Board

+

+

7-31

10-

t$1.32

preferred

on

639

2,522

of Reo,

9-10

*25c

(quar.)

by

American Home

4(4 %

Hol&en

9- 4

93 %c

Corp.

Business

American

When

Payable

40c

Equitable Assurance (N. Y.) (s-a)
Fire & Casualty (Orlando, Fla.)—

5%

securities—total

securities

Balances
—

179.

(quar.)

com.

(approved

Can

American

-

Government

Other

Total

Box

American

Treasury bills
Treasury certificates of indebtedness

3,054

—

—

§In Volume

*

161

t50c

5%

Co.

891

loans

S.

298
101

meeting held

Book

American

—____

Sep 15

§2853

(quar.)

Sugar,

6,698

banks

to

Other
U.

U. S. Treasurer—general acct.

159

Aug 23

Share

Automobile

American

81

loans..

estate

Loans

218,814

Deposits:

257

1

July 29

dividend

46

securities

Real

Liabilities—
Federal Reserve

59

9

issue.

America,

dividend

+

507

254

Sep

Distilling

+

July 31

of

special

+

8

253

s. f. debs, due 1959__Sep
1
debentures due 1966
July 25
first mortgage s. f. bonds.
Sep 1

5%

this

Petroleum

34

+

•

Aug 16

3'34%

Inc.,

Aggregates, com.
preferred (quar.)

35

2,271

155

Aug

American

for

1

Sep 10

Inc—

from net income)

—1,004

Aug

preferred stock

subordinate debentures due 1972

preferred

Amalgamated

+

81

155

stock

conv.

Canada, Ltd.—
preferred (quar.)

1st

+

—

57

2

Aug 18

(quar.)

of

Co.

American

pur¬

1

Aug

-July 30

1981

Common

carrying securities.
purchasing or carrying

or

loans

1982

stock

+1,028

25

—

21,647

dealers

and

Co.

Aluminum

39,314

:
agricultural

and

___.

brokers

to

chasing
assets

industrial,

loans

3,823

+
—

Aug 23

-Aug

Corp., 3(4 %

preferred

39,969

__

i__

Commercial,

81,076

—

_

Loans—gross

.

premises

Investments—total

and

#

Aug 25

Co., Inc.—

in

Aluminium, Ltd.

American

1953

(In millions of dollars)

Loans—net

22
3,854,426

Other assets

Total

July 15,

July 7,

§2805

(Continued from page 12)

Stock

July 14,

249,229

24,808,799

banks
items

1973

Name of Company

at

249,229

1

Dividends

American

1954

securities™

and

Indiana,

Pictures Co.,

Petroleum

American

mem¬

153

246

Aug 16
Aug

California—

of

convertible

Increase (+) or

Assets—
Total U. S. Govt,

due

preferred

(Alan) Steel Co.,

5%

._

_

of

Announcement

ber banks follows:

Held under repurchase agree¬
ment

Co.

Production

dec. (—) since

—

__

due

preferred

Light Co.—
3%% bonds

American

$97 million.

—1,429,425

3,092,550

$55

Borrowings increased $131 million in New York City.

1,604,075

—

million

decreased
$119 million in the New York District. Time deposits
increased $193 million of which $146 million was in New
York City.
Demand deposits credited to domestic banks

320,771

+

-188,000

1,993,075

—

Co.,

notes

Per

deposits adjusted increased $70 million in
the Kansas City District, $61 million in the Cleveland

decreased

Bought outright—
Bills

*

Demand

million

stock

Co.—

$18 million,

and

pfd.

pfd. stock
preferred stocks

Co.—

Corp., cumul.

Oil

of

than offset by increases in most

million

Electric

convertible

&

Pag*

July 30
conv.
conv.

$33 million.

District,
Total gold

§2701

CALLED

3%%
debentures due 1967
Toho Electric Power Co. 1st
mtge. (Kansas Division)—
S. f. 7% gold bonds, series
A, due 1955

districts; there was a net increase of $4 million
at all reporting member banks.
Holdings of Treasury
certificates of indebtedness and of United States Gov¬
$26

ISSUE

15-year

3(4%

decreased

&

cumulative

Southern

the other

bonds

4.50%

respectively. Holdings of Treasury notes increased $14
million.
Holdings of "other" securities decreased

(+) or

160

Co.—

Edison

Service

4.90%

**Temporarily omitted.

ernment
Inc.

160

1

Ltd.—

subordinated

Power

Resistoflex

.233200

more

Gas

mortgage

Public

2.806973

2.817500

Co.,

Missouri

Wood

(In thousands of dollars)

§2601

1

Aug

1972

stock

Manufacturing

Universal

Federal Reserve Ranks Combined

100

Aug

Aug

First mortgage 5(4% s. f. bonds due 1966
Drewrys Ltd. U. S. A., Inc., 5%% cumul. pfd. stock
Firemen's Insurance Co. of
Newark, N. J.—
$4 cumulative preferred stock
Gulf Power Co., 4(4%
1st mtge. bonds due 1983

.264121

2.806973

was

•

1

Juiy 26

$1.32 and $1.40 convertible preferred stock.
Consumers Power Co., 3%%
1st mtge. bonds due

2.789603

2.807181
2.817656
**

decrease

256

1

Oct.

Date

Co.

Paper

Credit

junior

Commonwealth

.0800480

.0800480
.264162

Counties

Commercial

.326900

1.026328

2.789603

&

preferred

Warren

Statement of Condition of the Twelve

256

1

Aug

July 30

bonds due

Beneficial

Union

♦Nominal,

pipeline

$1.50 cumulative preferred stock
Loan Corp., $3.25 cumul.
Brooklyn Union Gas Co., 5% cumul.

.0385802*
.0199750

.233200

.233200
2.807077
2.817656'
I**

2.807285
2.817812
**

pound
pound sterling

Kingdom,

Uruguay,

,

.233250

franc

of South Africa,

Union

'

.140080*
.496766*
.0349000
.193330*

Norway,

Sweden,

.210950
.00435401*
.00285625
.238379*
.210933
2.817604
.0799840
.264200
2.789706
.140080*
.496766*
.0349000
.193330*

.210950
.00435401*
.00285625

Ceylon, rupee
Finland, markka

Power

7(4%

2.245019

.0200031

.320900
1.026718
.210950
.00435401*
.00285625
.238379*
.210933
2.817708
.0799840
.264200
2.789809
.140080*
.496766*
.0349000
.193330*

.326900
1.025546

.326900
1.026230

Malayan dollar

dollar

Canada,

.0352609* t

1

Sep

Company and Issue—
Abitibi

.0719820*

.0719820*
2.245019

.0428082*1
.0352609* t

.0428082*+

.0352609* t

!

—

—

mortgage 3%%

ENTIRE
.200000*
.133333*

Coast

.0428082*t

Basic

Pacific Ry. collateral trust 4y2s due 1975
Eastern Pipe Line—
f. debentures due 1973

1st mtge. 3%%
bonds, series A, due 1975
Sun Ray Drug Co., 15-year 3V2%
debentures
Tennessee Gas Transmission Co.—

July 22

.133333*

Brazil, cruziero—
Free

1

s.

First

.200000*

2.245185
.038f802*
.0200000

2.245102
.0385802*
.0200000

2.245268
.0385802*

—,

Belgium, franc

255

1

Oct

___;

$

$
.200000*
.133333*
.0719820*

Preferential

C, due 1971__Sep

ser.

RR.—

Paul Union Depot Co.—
First & ref.. mtge. 3(4%
bonds, series B, due 1971
Farms Co., 334% s. f. debentures due 1962
Southern Pacific Co. San Francisco
Terminal—

Thursday

July 21

®

.200000*

bonds,

stock

St.

(Value in United States Money)
Wednesday

.200000*

s

peso—

Basic

preferred

Pag#

Association—

4%

Seabrook

Tuesday
July 20

Monday
July 19

Date

Electric
trust

Chicago & St. Louis

cumulative

3(4%

Buying Rate for Cable Transfers in New York

Friday

&

Panhandle

INCLUSIVE

1954,

22,

York,

6%

Gas

f. collat.

s.

Northern

RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930

FEDERAL

BY

CERTIFIED
JULY

Argentina

New

Bank
the different

We give below a record for the week just passed:

countries of the world.

England

20-year

requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve

Pursuant to the

TOREIGN

New

8-

2

7-

8

40c

,

1_

(s-a)

Atlantic City Electric Co.
4%

preferred

(quar.)

1

52808

preferred

4.35%

Aug

4.35%

2nd

Atlantic

(quar.)

preferred

Coast Line

Co.

(quar.)
of

Conn,

(quar.)—

$1.25

9-13

8

8-16

Number 5345

Volume 180

.

.

$1

7-20

Cenco

9-

1

8-10

Central Cold Storage Co.

30c

8-

1

7-20

Central

8-

2

7-16

Central-Illinois

8-

2

7-20

W

7-26

7-12

$1.12 J/2

7-30

7-20

$1.12J/2

7-30

7-20

,

$1.50

10-15
1-14-55
8-

3

7-

25 c

8-

2

7-15

$1.25

10-

1

9-

$4

8-

2

6-30

$1.50

Co.

(s-a)

7-26
8-25

8-16

8- 6

7-

9-

8- 4

$75c

Laboratories

50c

2

7-15

2

7-20

Class

A

8-

2

7-20

Class

A

25c

8-

2

7-26

Chicago Mill & Lumber Co.
Chicago Rock

$1.18%

9-

1

8-16

tlOc

10-

1

8-31

10-

1

8-31

15c

(quar.)_

15C

Co.

Chickasha

Cincinnati

9-15

8-16

9-30

9-15

81'Ac

9-30

(quar.)

2

8-

2

8-14
8-

3

7-2

8-

3

7-

7-15
.

8-13

7-31

9-30

S-18

Cleveland,

15c

9-

1

8-21

11-30

11-19

1

7-15

Clinton Foods,

5

7-20

2

7-

9

15c

(quar.)

$62 J/2C

—

8-

10c

8-13

7-29

7-30

7-16

Fisheries

Corp.,

7-30

2

7-20

Coast

Coast Counties Gas &

$1

8-

2

7-20

$1

9-

1

8-11

87'/2c

10-

1

9-15

70c

8-

2

7-

50c

9-

1

8-24

15C

preferred (quar.)
Borg-Warner Corp. com. (quar.)_
3y2%
preferred (quar.)
Boston

7-26

7-15

Trust Ifquar.)

Estate

(Milton)

Bradley

(quar.)

Co.

Edison
Real

Co

8-

2

7-16

CO

CO

6-30

Collins

Telephone Co.—

British Columbia

to

2)

Aug

Broulan

Reef

8-

1

7-16

8-

2

7-19

Colorado

10c

1

9-20

42 % C

8-

1

7-

$3c

dividend

Stock

Bullock's Inc..
Burns &

B
B

common

Mills.

Burrus

8-

2

7-29

7-

8

$50c

10-29

10-

8

7-

8

Common

10-

8

$1.32 conv. pfd.

7-20

Inc

65c

8-13

31c

8-16

80c

;—

8-

$$3.50

2

7-15

8-16

7-30

20c

8-

6

8-

2

2nd

80c

Common

2

partic pfd.

Electric

$3

Co.,

Power

8-

7-13

Common

1

7-15

8%

Common

(quar.)

Cement

preferred

$1

Canada
Class

A

Consolidated Chemical

7-26

7-16

vestment

1

7-10

8-

1

7-10

Consolidated

8-

1

7-10

Consolidated

8-

1

7-10

Consol.

30c

8-

1

7-10

7-28

6-28

$10c

8-15

from

(quarterly

income)

;

preferred

2nd

(quar.)_

Co.,

7-

7-26

6-18

9-

1

8-

Class

A

Ordinary
Canadian

Oil

Pacific

Ltd.,

Canadian

4Vi%

preferred

41/2%

preferred

Carborundum
Carlisle

common

Co
Refractories Ltd.—
Ry.

Co.

Corp.
common

Carrier

Corp.

Stock

4.20%

Co.,

(quar.)—.

com.

2

7-

9

8-23

8-

3

Continental

8-14

7-14

2

6-25

8-

10-15

9-29

$$1.12J/2

1 15

12-30

9-10

8-20

(quar.)

4.52%

Can

preferred

1

$3

8-

1

5-14

Corn

00

CNJ

7-9

Corn

40c

9-

1

8-13

50c

9-1

8-13

Paint

prior

&

1

(quar.)

Varnish

pref.

Exchange

Co.,

(quar.)




(quar.)

2

7-15

9-

1

8-10

8-

3

7-15

8-27

8-13

8-

6-23

8-

1

6-23

8-

1

Co.

(N.

(quar.)

A

Bradstreet,

$1.05

7-20

-

9- 1
9- 1
7-21
7-16

93%c
25c
20c
10c

(quar.)
Dunhill International,

,

Duriron

Ltd.,

Sullivan

Mines,

'__
(quar.)

Inc.

7-31

9

7-29

4 J/2

(quar.)
(quar.)

(Bahamas)

Ltd.

Corp.,

Products,

Line,

(quaf.)__

(quar.)

common

(quar.)
;
of Amer. (quar.)
Refractories
&
Abrasives
Corp.—
preferred

%

Elastic

Stop-Nut Corp.

Electro

9-15

9-10

12-15

12-10

7-30

6-30

Elgin National Watch Co.

1

7-6

Elgin Sweeper Co

preferred

5%

(quar.)

(quar.)_

Ely & Walker Dry Goods, common (quar.)__
Mfg. Co. (quar.)—!.

8-

1

7-

6

8-

1

7-

6

1

7-

6

Empire

8-

1

7-

6

4%%

10-

1

District Electric, 5%

7-31
8-20

12- 1
8-16
8- 2
8-10
8- 2
8-12

11-19

10c
40c
$1.121/2
25c

9-20

Empire Southern

Employers Group Associates

7-15

Emporium

New

8- 2
8- 2
8-20
8- 2
12-15

11-30

8- 2
9- 1
8- 2
8-16

8-15

10- 1
8-20
10- 1
10- 1
8-20
9- 1

9

Enamel

7-15

8- 1
9-23
8-25
9- 1

25c

8-13
9- 1
9- 1

10-1

9-1
8- 1
8-2
9- 1

8- 2

7-

9

9- 1

&

7-10

6%

1st

7-15

5%

2nd

7-23
9-

3

9-

3

8-

5

4J/2%

8-

4

7-15
6-25

8-12
8-12

7-20

(quar.)—_

(quar.)
—
(reduced)_____—_________

18&C
15c

10-1

7-20
8- 2
7-16
7-16
9-10

*%■
8c

8-16
8- 2

8- 2
7-16

*3

10- 1

(quar.)
(quar.)_;

Co.—

;

preferred

Co.
Stock dividend
Brothers.

Farmers

Co.—

———

Inc.

Fate-Root-Heath

(quar.)__

(stock dividend)

convertible preferred (quar.)
convertible preferred (quar.)

6

5%

7-

6

5'/2%

8-27

Federal Grain,

Ltd.. $1.40

8-10

6-25

E-A*

preferred

Federal Insurance Co.

—

pref. (quar.)

Inc., com.
(q*ar.)__

Federal Paper Board Co.,

4%

l°c
20c

8-2
8" 2

2%
82%>c
68%c
$35c
35c

8-20
8"3®
8-30
8- 1
8- 2
in" 1
9-1Q

—-—-

(quar.)

Fedders-Quigan Corp., com.

7-

8-13

Life Insurance Co.—

Quarterly
Fashion Frocks,

7-20
7-20
7-20
•

—

___________—

& Traders

8-10
7-31
7-31

^

Brewing Corp., common
Mfg.

Farmer

7-26
8-16
7-15
7-13
8- 6

9- 1
12- 1
8- 2
8-16
8- 1
8-2

preferred

"A"; (quar.)
"A" (quar.)
(reduced quar.)
Exeter & Hampton Electric
(quar.)____
Fairbanks Co., 6%
preferred (quar.)

Fanner

6-30

$1.25
$1.25
30c
65c
$1.50
25c

preferred

preferred
preferred
Eversharp, Inc.

Falstaff

$10c

$2
12J/2c

8-31
9-1

(quar.)—

5%

8-20

7-15

7-17
9-21

15c

5%

9-15

7-26

7-31
10- 1
7-31
8- 1
9i 1
8- 2

15c
50c
10c
15c
62V2C

& Steel Corp., common

Erie Railroad

9-15

.__—

(quar.)

Equity Corp., common (annual)
$2 convertible preferred iquar.)
Forge

7-19
9- 2
8-18
8-12
7-15
8-13
8-13

25c

Smith Co. (s-a)
Equitable Credit Corp., 50c preferred
60c preferred (quar.)

Erie

7-15
7-15

50c
$3.50

quar.)__

(quar.)
Co., 7% preferred (s-a)
Heating Products, Ltd.
(quar.)—

Capwell

Eppens

8-

8- 1
8- 1
8- 2

7-16
7-15
7-15
7-15
8- 2
8- 6
9- 1
7-15

Gas—
(initial

common

8-16
9-15

62J/2c
15c
5c
25c
$1.25
$1.18%

(quar.)

pfd.

preferred (quar.)

7-15

8-16

8-14
9- 1

Emhart

8-

8- 5
8-20
9-17
7-22
10-22

31 "Ac
$12'/2c
10c
5%
15c
25c
50c

(reduced)
:
(quar.)

common

dividend

preferred

8- 5

8-15
9-10
10- L
8- 2
11- 1

31J/4C

!_

(quar.)

1

Ltd.

Inc.,

Industries

8- 2
8-15

$30c

(quar.)

pfd.

pfd.

,,

8-31

share held

for each

(quar.)

convertible

7-15
7-15

dividend)

(stock

Inc.

4.80%

5%

Company,

preferred

Ekco

^

A

additional shares

5%

7'/2c
40c
$1.12J/2
15c
15c

(quar.)

preferred (quar.)
class A (quar.)

4J/2%

8-15

ttUO

9-15
9-15
8- 2

50c
—

Duncan Coffee,

6%

1
<b»mb>

7-2
10- 1
9-1
7-7

25c

:___

common

Ecuadorian

8- 2
9-10
8-31

8-10

—

preferred
&

Dun

2

$1.75
25c
40c
25c

Corrugated

8-2
11- 1
10- 1
8-2

(quar.)
Instruments, Inc.

8-

8- 2

7-20

7- 7
8-17

—

8r16

8- 2

7-20

(quar.)

:

Utilities Association

90c

8-10

preferred

Common

Steamship

75c

8-10

9-15

(quar.)

(quar.)____

Eastern

,

8-13

7-28

(quar.)
Metals & Supply Co.

Eastern

8-

6-30

9-1

quar.)_

2

8-

7-30

Inc.—

(increased

8-

Y.)—

7%

5%

—_____

:

8-16

(quar.)—

——

Ltd.—

^quar.)

(quar.)

Dumont Airplane & Marine

Stock

31'Ac

Cornell

Paper Box Co.,

Ducommon

East

9- 1

com.

&

preferred

3%%

$40c

ilOc

Drexel Furniture

Eastern

8-1

(increased quar.)
Chemical Co., Ltd.—

Industries

Common

Class

1

75c

___—____

Dow

Two

——,——-

50c

;
common

7-15

I7J/2C
30c
25c

4%

(quar.)_

Tractor Co.,
dividend

2

(quar.)

common

preferred (quar.)
Paperboard Products Co. (quar.)—_
Corning Natural Gas, com. (quar.)
—
Corroon & Reynolds Com.
(increased s-a)__

\

9-17

&

preference
(quar.)
Chemical' Co.. common

30c

93%c

—

(quar.)
Bank Trust

Products Refining Co.,

2

7-15

8-

$1

Copper &
Steel Indus., Inc.—
preferred (quar.)—.——-—Continental Transportation Lines (quar.)__
Cook Electric Co. (quar.)
Cook

8-

1

2

Co.—

5%

Quarterly

(quar. 1

8-16
8-

Continental

10c

(initial)

7-20

10-11

75c

,

preferred (quar.)

$3.75

25c

(quar.)

9-

8-14

$1.12
$1.13

4.50%

3

35c

,

9-22

Common

Dresser

55p

—

8-

$$1.12'/a

(quar.)

preferred

Power

preferred (quar.)
preferred (quar.)—
_—
ContainerCorp.ofAmerica.com. (increased)

1

Caterpillar

Consumers

9

$75c

7-7

53'/2c

8-

$12 J/2 c

7-15

7-26

25c
30c
62'Ac

(quar.)

7-

;__

(quar.)

Carpenter Paper Co.

preferred

6-23

Carolina Power & Light Co.
New

4J/4%

4%

(quar.)

8-2

Consolidated Retail Stores—

1

8-

$1

$1.25

(quar.)™

2

8-23

Common

7-15

15c

Inc

2

$20c

Co.'s,

Lobster,

8-

$25c

9-14

7-15

62'Ac
20c
25c

Laundries

Consolidated Natural Gas Co.

Tar

2

37'Ac

(quar.)'—v
Corp.
(quar.)

preferred

9-

(quar.)

Canadian

$5

V

Steel

7-31

$3

—

8-

(quar.)

Dominion

Ltd.

Mines,

.

$31c

Canadian Car & Foundry Co., Ltd.—

7-20

(quar.)

Dominion Stores, Ltd.

Consolidated Edison Co. of N. Y.—

3
3

Dominion

7-15

8-

$5

Corp., Ltd.

Coal

7-30

9-30

8-13
7-30

$37'Ac

9- 1
8-25
8- 2
8-2

7-16
8-17
9-17

Ltd.—

Investments,

(quar.)___

preferred

8-14

$37c
138c

Coppermines Corp. (quar.)
Dearborn Corp. (quar.)

Consolidated

,

7-31

$1.37%
$15c

—-

$$1.25

(quar.)

7U15

5%

10c

$$1.25

common

9

$1.50

—

$$1.50

(s-a)

(quar.)

preferred

7-28

$$1.25

__

(quar.)__

Ry.

Bronze

1

$8c

$15c

(
1st pfd. (quar.)

5%

7-31

7-

7- 7
7- 7
7-9
7-9
7-14

Ltd.—

Corp.,

Dominion

8-

(quar.)
Industries—-

Consolidated

8-15

in¬

9

Dupuis Freres,

—

Yellowknife

Investment

Anglo

&

preferred
(quar.)__
Bridge Co. Ltd. (quar.)
Dominion Fabrics, Ltd., common (reduced)
2nd convertible preferred
(quar.)
Dominion Oilcloth & Linoleum, Ltd. (quar.)
5%

7-

60c

_—

Discovery

(monthly)

Fields

Oil

Dominion-Scottish

$20c

,

____________———-—-

—

Common

,7-31

(quar.)

$15c

Fund

Canadian

(quar.)

8-

$7J/2c

Ltd

common

Canada Southern

A

Extra

25c

(quar.)

General

Class

(quar.)

___

Dominion

7-15

Ltd.

Mines,

Dominguez

9-16

1

f$1.25
$10c

$25c

Monthly

2

9-13
8- 2
6-30

$20c

Monthly

9-16

8-5

25c
75c

40c preferred

Inc.,

33c

(quar.)
Mines,

Ltd.,

Canada Safeway Ltd.,

5%

Connohio,

(quar.)_

com.

Canada Northern Power Corp., Ltd.

5%

7-23
7-31

31JAC

Co.,

Lake

Foils,

Canada

1

(quar.)

preferred

$1.02

Campbell Red

1

8-

8-16

50c

(quar.)
(quar.)_

preferred
preferred

7-23

8-

(quar.)

Co.

8-16

7-31

$2

50c

7-22

1

*

$1.06
$1.16

——

43 %c

___________

Dome

3

7-15
8-14

9-20
8-16
7-30 '
7-30
8-31
9-30

$10c
$10c
$25c

9-

Cox Fund,

&

8- 2
8-31

$62'Ac

income

(quar.)

7-20

8-

$1.90

7-15

25c

Water & Telephone

$1.32
$1.25

7-15

1

,

Portland

California

Calif.

7-15

1

8-

Inc.

1

7-31

$2.06 pfd. (quar.)
51 %c
preferred (quar.)
___
—— .47V2C
preferred (quar.)
—50c
$2.04 preferred (quar.)_____—.
51c
$2.20 preferred (quar.)
55c

1

8-

Dobbs Houses,

Dodge

2c
35c
20c
25c
$17'Ac
25c
25c
25c

15c

(quar.)_

Shares, Inc.—
net investment

8-9

7-15
7-23

$37'Ac

(quar.)_

pref.

Beneficial shares
Dodge Manufacturing Corp., (quar.)

10-

(Toronto) —
.

Corp.

9-3
9-3
9- 3

7-9
7-9
7-10
7-14
7-27
7- 9
7- 9
7-19
7-8
7-6
8-20
8-9
8-9

Ltd.—

Co.,

class A

8- 2
8- 2
8-2
9- 6

8-13
9-17
9- 1
7-20
9-15
8- 2
9-15
9- 3
12- 3
7-9

8- 1
7-31

$2

Y

N.

7-26
,

7-15
7-15

9-10
12-10
12- 3
8-14
7-1
7-19
7-12
7-12
7-12

37"/2C

(quar.)

of

1

37J/2C

.

—

37 J/2 c

.

(quar.)

Assn.

Divco

(quar.)

common

Construction

convertible

Dividend

9

class A (quar.)

2

10-

Connecticut Light & Power,

8-

75c

______—

preferred (quar.)
Packing Corp.

7%

California

8-15
10-

—45c

preferred

$38c

Pacific Title Insurance—

California

7-

$1.06'A

(quar.)

common

(quar.)

6
4

8-

(quar.)

pfd.

7-9

7-31

20c

:

(quar.)

8-

8-

$20c

(quar.)
(quar.)

preferred

1st

$1.50
Calif.

Life

Confederation
■

(quar.)

com.

7-31

$2
$2

preferred

$1

Ltd.,

7-19

Corp.

Steel

$1.50

12-20

Co.,

preferred

$1.50

8- 2

(quar.)

(quar.)

Match

Discount

Disher

1-3-55

35c

Co.,

B

Diamond

1

Co. (quar.)
(quar.)

Mfg.

Products Co.

Giorgio Fruit Corp.,
Class B (quar.)

7-19

(entire issue called for re¬

Electric

$20c

Timber

&

Mills,

2

Both

10c

Linen

Caldwell

8-

50c
15%
17c

(quar.)__
__—
Concord Natural Gas, 5%% pfd.
(quar.)—.
Conduits National Co., Ltd. (quar.)

8-

Extra
Calaveras Land

6-

$20c
50c
87V2C

—

_.

Class

7-23

Yard

(quar.)

Raynolds, class A

2
2
2
4
8-16
7-26

6-18
12-15
9-10
8-16
11-15
7-15

9-20
12-20
12-15
9- 1
8-2
8- 2
8- 3
8- 2
8- 2
8-15
8-15
8-2
8-2
7-28

$1.25
$1.25
50c
90c
40c
25c
50c
50c
25c
25c
25c
50c

1st pfd. (s-a)
(quar.)

Corp.,

Tramway

8-13

6-30

$1.75

Byron Jackson Co. (quar.)
it
Calaveras Cement Co.
(quar.)

&

8-13

$6c
25c

Concord

371/2C

(quar.)

preferred

7%

7-30

Co.

2

33c

2

Edison

1

demption at $32.50 per shr. plus this div.)
issues convertible into com. to July 22.

6-30
8-

7-26

5

Detroit

7

demption at $32 per shr. plus this div.)
$1.40 conv. pfd. (entire issue called for re¬

6%

(A. M.) Co.—

Byers

(quar.)

7-29
10-29

25c

$1.25

Stock

9-15

8-

$1.12V2

class A (quar.)
Combustion Engineering Inc. (quar.)
Commoil, Ltd.
Commonwealth Edison Co., com.
(stk. div.)
One share of Northern
Illinois Gas com¬
mon for each 25 shares held

6-18

Union

1

Di

-:■■■;•

preferred (quar.)
4.65% preferred (quar.)
Locks Paper Co.,

$50c

5%

Denver

7-30

RR.—

(quar.)
convertible preferred*(quar.)

Denver

8-

V-

$2

convertible preferred

8-10

65c

Corp.,

(quar.)

(quar.)

8

9-

—__.

4'A%

$50c
.

(quar.)

preferred (quar.)
Butler Mfg. Co., common (increased)
Butterfly Hosiery, Ltd., 7% pfd. (s-a)
Biscuit,

Burry

7-12

1

8-

8-10

$50c

common

Class

7-12

8-11

$1
$1

Co., Ltd., class A preference
preference

Class

1

_

A

Burroughs Corp.

8-11

5%

(quar.)

Co.

Class

7-21

9-

7-26

$1

Combined

____________—

preferred

4%

Burgess-Manning

8-20

60c

Co. (quar.)
Budget Finance Plan—

stock

7-15

9-

"A"

com.

(quar.)

com.

deb.

From

$4.25 pfd. (quar.)_
preferred (quar.)__
Mutual Life Insurance (s-a)
& Southern Ohio Electric—

Columbus
8-

Co.,

Denver &r Rio Grande Western

8-15

Terminals, 6%

Columbus

1

50c

! 8%

(quar.)

Light Co.

(quar.)

Mfg.

1

non-cumulative 1st preferred
non-cumulative 1st preferred—
Columbia Gas System, Inc.
(quar.)
Pictures

&

Power

Air Lines

Dennison

9-23
12-23
8- 2

8888-

25c
25c
50c
30c
25c
35c
30c
30c
30c

(quar.)

common

common

9-

4%

Columbia

(interim)

Ltd.

6

9-13

Co.,

Steel

4%

Columbia

—

—

Mines,

2

10-

(Charles)

Bruning

8-

8-16

95c

Delta

11-10

Co., common
dividend

Fund, Inc.& Southern Ry.—

Colonial

5c

(quar.)
Brockton Taunton Gas Co., common (quar.)
$3.80 preferred (quar.)
Brooklyn Union Gas Co., com. (inc. quar.)
5% convertible preferred
(entire issue to
be redeemed on Aug.
1 at $48.95 plus
!
.this dividend. Convertible into common
(N. Y.)

Delaware

1

1

Radio

$$1.50

preferred (quar.)

BHtish Industries Corp.

1

12-

&

(quar.)

Inc.

(quar.)
Co.,

,

$1.06
$1.13
$1.25
10c

(quar.)

(quar.)
Co.
(quar.)

Vilbiss

10-

9-13

10- 1

A

class

Deere

1

(quar.)

preferred

Inc.

Gasket

for each share

Stock

Bros.,

Devoe &

preferred B (quar.)__
—
30c
Coca-Cola Bottling Co. (N. Y.)
—50c
Cochrane Dunlop Hardware, Ltd.—
Class
A
stock
div.
(2
shares of non¬
assessable Redeemable pfd. stock
(200

3>/2%

Water,

Detroit

$1.12%

8-16

Quarterly

(quar.)
5% preferred

(quar.)__

9-29
8-16

$1.12J/2
50c
50c
$1

(quar.K

preferred

Detroit

pfd. (quar.)

1

1

preferred

1

9-15

10-

$5
$1.25

—

$4 pfd.

&

$4.24

8-1

$1.75
87J/2c

4V2%

Co.,

(quar.)
Light Co.,

A

Power

8-10

(quar.)

Elec., 4%

9-

tlOc

class

$2

Dallas

9-

held)_—_—-Coghlin (B. J.) Co., Ltd. (quar.)
Colgate-Palmolive Co., common (quar.)

Ltd.—

Products;

Forest

8- 2

8-16

10c
—10c
10c

25c

Briggs Mfg. Co
British Columbia

6%

9

$3.50

5%

Louis

St.

&

$72'A c

(quar.)

pref.

7

7a 9
7-^21

9-30

4.80%

par

of Canada, Ltd.—

Bridge & Tank Co.
$2.90

•__

9-15

7-20

$1.50

—_____

Ltd.

Breweries,

9-30

$1

Forster.

&

1

20c
35c
$1.06'A

(monthly).

(quar.)

pfd.

conv.

9-1
8-

4%

Boston

41/2%

21c
25c

.

(quar.)

common

(monthly)

Common

income t-

investment

(From

Chicago

Inc., com.
(monthly)

$2

$4.20 pfd.

pfd. (quar.)
Curtiss-Wright Corp., $2 class A (quar.)

12-

—

Common

8-16

Curlee Clothing

$1.75

preferred (quar.)
Illuminating, com. (quar.)
$4.50 preferred (quar.)

,

50c

Booth

7

10-

8- 2

9- 1

Voting

$1.25
$1.25

5%

(quar.)
Bond Investment Trust of America—
class A

Co.,

Cincinnati

(s-a)

Ry.

investment income)

Ami

1

7-

8- 2

$1.05

8-1

Cleveland Electric

8-

(quar.)
(quar.)__

9-

'

Ltd.

$50c

$1

75c

Ridge Mutual, Inc.—

(From
Bon

5

9-

New Orleans,

20c

(quar.)

pfd.

8-

9- 1
12- 1

8% preferred (quar.)
Refining Corp., $6 pfd. (accum.)
Cuba Co., $7 preferred (accum.)
Cuban American Sugar Co., 7% pfd. (quar.)
Cuneo Press, Inc., 31/2%
pfd. (quar.)

7-23

10-20

28y8c

(quar.)+__

Crystal Oil

9-30

$2

—

8-

Seal,

&

75c

(quar.)

Co., 7% preferred (quar.)
Investing Co., common (s-a)
City Stores Co, common
(quar.)—
4% conv. preferred (quar.)
I
Clearfield & Mahoning Ry. (s-a)

—

Ltd., 5%

Corp.,

Crum

7-23

9-30

$1

City

5c

common

7-21

12-15

25c
25c

(quar.)

City Baking

2

8-25

40c

6%

Ribbon

7-26

9-10

15c

Co. (quar.)
Co. (quar.)
Tobacco,

Zellerbach Corp.,

10-15

37 Vic

common

Tex. & Pacific Ry.
5% preferred (quar.)____
5%
preferred (quar.)
Cities Service Co. (quar.)
—
Cincinnati,

2

8-

20c

_

(quar.)—

preferred (quar.)
(quar.) _
Quarterly
/

Crown

7-

$1.25

-

5c
10c

pfd.

A

10c

7-15

2

8-

$2.50 1- 2-55
$15C
9-30

(quar.)

Cork

De

preferred (quar.)__:

4%

9-16
7-

$6

8-20

(quar.)

Crown

$2

4%

60c

B

4'/2%

class
A

7-30

Dayton Rubber

Inter-Terminal R.

Cinn.

7-15

W.)

Bros.

Class

Co.,

class

Davidson

Coal Co.—

Co., com.

4%%

7-31
11- 1
• •

4'A%

50c
50c
50c
25c

preferred (quar.)
R. Co.—
preferred (s-a)
Cincinnati Milling Machine Co., com.

7-16

2

50c

Co.

Oil Co.,

& Electric

Gas

8-14

v

„

Blackwell,
Co.,

Daystrom,

4%

2

8-

50c

Blue Bell, Inc.

Blue

2-9
6-30

$1

(E.

Blue

1
1

8-

(quar.)

Electric

7-16

&

Davenport

$1.25

Cotton

38-

—

Oil

Bishop

11-10

1

12-

5c

Special
Birtman

Crossett

'

1

Island & Pacific RR.—

preferred series A (quar.)
Wilmington & Franklin
Quarterly

10c

(quar.)__
Inc.

Crosse

7-15

Ltd.—

Sexton

&

7-23

7-31
7-31
8-16
9-20
8- 1
11- 1
8- 1
8-10

15c
$1
50c
75c
87Vic
87Vic
20c
25c

5%

50c

preferred (quar.)
Benjamin Franklin Hotel
(s-a)
Benrus Watch Co.
(quar.)
&

50c

(quar.)

Chicago

9

8-

9-1

$1

$3.25

Best Foods

Cribben

(quar.)

Common

—

Beneficial Loan Corp., common

7-23

8- 2
8-10
1 8-16
8- 2
8-13

(quar.)
(quar.)

15c

(increased)

(quar.)

8- 2
8- 2

$1
40c
21c
5c

(quar.)

A

8-

L

Corp.

class

$2
75c

$1.50

Iron

Beneficial

Bloch

8-

$17'Ac

(quar.)-

7-12

postponed by the directors of the
until August 2 to permit the
to claim a 5%
credit for
income tax purposes if the pending Fed¬
eral tax bill is adopted.

7-22

Quebec Mines, Ltd
Works (quar.).,

Belleterre
Belmont

Bliss

2

Ltd.

deposit receipts ordinary (final)
Craddock-Terry Shoe, 5% preferred (s-a)
Crain
(R. L.), Ltd.
(quar.);

company

7-16

8-

i.

Corp.

American

shareholders

$17>/2c

preferred (quar.)
Belknap Hardware & Mfg.

Best

8-2

12 J/2C

7%

Aircraft

1

16 "Ac

Inc.,

Quarterly
Quarterly

5

Courtauids,

was

Ltd.—

(quar.)

A

(quar.)
Bay Petroleum Corp.
(quar.)
Baystate Corp. (increased quar.)
Beaux-Arts Apartments, Inc.—
$3 prior preferred (quar.)
$6 1st preferred (quar.)_
Beck (A. S.) Shoe Corp., com. (quar.)
4%%
preferred (quar.)
i
Belding-Corticelli, Ltd., common (reduced)

Bell

7-15

3c

30c

Bathurst Power & Paper Co.,
Class

6-30

2

8-

7

3c

Body

Batavia

7-15

2

8-

pfd. (quar.)
(accum.)

9

1

7-15

$1.25

Imperial Mills,

Holder•

8-16
11-15

Quarterly

35c
$1

Cherry-Burrell Corp., com. (quar.)
4% pfd. (1946 and 1947 series)
(quar.)—
Chesapeake Corp. of Virginia (quar.)
Chesapeake & Ohio Ry. com., (quar.)
3Vi%
conv.
preferred (quar.)
3Vi%
preferred (quar.)
Chicago Corp. (quar.)
Chicago & Eastern Illinois RR., com
The quarterly payment of 50c on the class
A stock payable July
15 to holders of
record July 1 previously reported here

12-31

20c

Monthly

Baxter

'

9-30

$1.50

participating pfd. (s-a)
Oil Co. (Calif.)
(monthly)

6%

20c

Cosmos

8

$1.25

9-

Light Co., 4% pfd. (quar.)
Central Public Utility
Corp.
(s-a)
Central Vermont Public Service Corp. (quar.)
Chadburn Hosiery Mills Inc., common
Chase National Bank (N. Y.)
(quar.)

___

6%
preferred (quar.)
6% preferred (quar.)
Baldwin-Lima-Hamilton Corp. (quar.)__
Baldwin Rubber Co. (increased quar.)______
.Extra
i
.

RR., 5%

preference

$1.50

7-12

7-

7-27

47

Payable of Reo.

Share
(quar.)

Realty

9-17
8- 2
8- 2

(quar.)
(accum.)

$1.40 preference

Cosmopolitan

Corp.—

Securities

Name of Company

7- 8

7-31
7-31

When

Per

'

20c
17Vic

(quar.)
(quar.)____;
Hudson Gas & Electric (quar.)

56 J/4C

Co.—

Bankers Securities Corp., com.

___—__.r.____——

Central Power &

(L. S.), 4y2% preferred (quar.)
4 J/2%
preferred (1947 series) (quar.)

Bangor & Aroostook

Corp.

6J/4C

Ayres

Basin

6

Central Electric & Gas Co.

(quar.)__

Machines, Inc.—
(accum.)— ________
Axe Houghton Fund "B," Inc.—
From investment income
_

(quar.)

7-

2

When

Payable of Rec.

37'/2c
25c
5c
50c

(quar.)

common

2

8-

$4c

prior pfd.

Baldwin

preferred

8-

Avildsen Tools &

5%

Corp.,

5%

8-16

93 %c

Co., 3.75% pfd. B (quar.)
Atlas Powder Co., 4%
conv. pfd. (quar.)—,
Aunor.Mines, Ltd.
(quar.)
Austin, Nichols & Co., Inc.—

Atlantic Refining

$1.20 conv. preferred (quar.)
Avco Mfg. Corp., $2.25 conv. pfd.

Celotex

Holder$

Per

Name of Company

o/Rec.

9-13

$1.25

(quar.)

Coast Line RR.

Atlantic

When

Payable

Share

1

Holdert

Per

Share

Name of Company

(391)

Chronicle

The Commercial and Financial

.

(quar.)_

1

(quar.)__——150

9-15

7-15

7-15
7-30
8-18

7-16
7-12

8-3(1

48

The Commercial

(392)

When

Per

Name of Company
Federated

Ferro

(quar.)

62!Ac
$1.06'A
2%

Class

8- 3

7-14
8-13

7-19

________—._

$1.12(4

9-1

8-13

Hart, Schaffner & Marx

7% preferred (quar.)__
Electric Light Co. (quar.)

$1.75
75c

8- 1
8-16

8-

7-16
2

Hartz

25c

9-

1

8-20

62'Ac

10-

1

9-17
7-15

(quar,)—

&

Fitzsimmons Stores, Ltd.,

class A

(quar.)

_

prior pfd. (quar.)

(quar.)

7-26

30c

-

Food Fair Stores—
Stock

stock

33/4 %
53/4%

each

share

shares

four

Foundation Co.

Corp.,

common

(quar.)

(L.)
Quarterly

Realty

J.),

Ltd.,

Industrial

$3.50

(R.

4(4%
Gale

Co.,

5%

Co.,

&

Co.,

(quar.)

7-20
8-

7-30

6-30

8-

8-24
2

2

—

_

7-19
8-3

11-15

11- 1

8-

2

8-

2

7-31

$1.16

preferred

(Alfred),

7% preferred A (quar.)——.i—j.___—
Hershey Chocolate Corp., 4(4% pfd. A (quar.)
Co., 5% preferred (quar.)—
Higbie Mfg. Co., common (quar.)

7-23

Extra

1

8-

1

7-23

5%

Holmes

7-30

7-15
7-15

Holt, Renfrew & Co.,

8- 2

7-15

Home

Hoover

8- 2

7-15

9-1

8-17

10- 1
8- 2

9-17
7-26
7-20

5%

Household

Stock

9-

3

8-12

4.40%

preferred

8-

2

7-15

33A%

preferred

4%

preferred

15c

Cigar Co., common
preferred (quar.)
Oil

General

Electric,

new

General

Finance

Houston

9-17

Hudson

25c
$1.75

(quar.)__—___•

—_—_________—

7-15

10- 1
9-15
9- 1

8-16
8-16

Hunt

10c

General

8-2

$2

7-19

6-30

Hussmann

Corp.—

(initial)

com.

40c

$1

Mills,

General

7-31
8- 3

7- 9
7-2

'

Lee

7-

Leece-Neville

25c

9-10

8-25

9-30

9-20

7-16

Lehigh

7-12

Lehman

9-

1

8-12

8-

7-22

10-15

9-30

5

10-29

9-30

$1.10

—

10-15

9-30

Lincoln

10-15

9-30

$3.50

11-

8-

(quar.)

$1

1

$$1

9-13

8-13

12'Ac

8-31

8-16

12'Ac

8-31

8-16

8-

7-21

pref.

Inc., 5% pref. (quar.)_.—
(quar.)——

A

——

Co.

Refrigerator

Huttig Sash & Door Co.
preferred
preferred

(quar.)—

50c

(quar.)

(quar.)

5%

30c

(quar.)

2

9-

1

8-2

7-9

Hydro-Electric Securities Corp., pfd. B (s-a)
Hydraulic Press Brick Co. (quar.)—
Hygrade Food Products, 4% pfd. A (quar.)_
5%
preferred B (initial)

8- 2

7-6

Idaho

8-2

7-6

8-16

8- 2

$1

8- 2

6-30

9-30
12-30

Little

12-17

$25c

8-

2

8-

2

$1

8-

1

preferred

General

6%

Outdoor

$5 pfd.

(quar.)

(quar.)

$4

Public

Service

preferred

General

$2.29

8-

1

7-21

8-20

7-26

$3.50

Corp.,

Corp.,

Steel

5%

5%

preferred

$2.20
$2.20

Genessee
Giant

Co.,

25c

1

7-20

1

7-20

20c

8- 2

6-25

15c

8- 2

7-15

62'Ac

__

&

8%

class

preferred

Miami

RR.

8- 2

7-15

8- 2

6-14

Local

Finance

Corp.,

Co.,

8-16

9-15

8-16

2

(initial)

_

7-31

7-

8-

2

7-20

56'Ac

8- 2

7-20

$2

com.

42'Ac

9-11

8-30

$1.50

new

9-11

8-30

9

(quar.)

B

(quar.)

(N. Y.)

(s-a)

$25c

12-15

11-25

25c

(quar.)
Indemnity (quar.)

Co., common

8-25

8-27

8-

2

15c

9-15

8-20

5c

10-15

9-30

Quarterly
Co.

L.)

40c

8-16

7-31

7-31

7-15

37'Ac

Ltd., class A (quar.)—

(quar.)

9-10

$12'A«

—-

8- 2

Griesedieck Western Brewery Co.

convertible

5%

Growth

investment
sale

preferred

Industry

of

Shares,

income

and

_

54c profits

on

$5

&

preferred

Ohio

(quar.)
(quar.)—

Halle

Increased

Hallnor
Haloid

common

to July

(entire

issue

.

1

25c

1010-

1

11-

1

7-15

3.90%

preferred

^

r




Heintz,

1

9-10

7-23

9-10

9-1

called

8-25
8-10

Jacobs

(F.

5%

41/4%

(quar.)

7-30

7-19

2

7-

6

preferred

(accum.)_

(quar.)

2

7-14

1

10-13

8-

2

6-24

9-15

$75c

10-15

9-15

$75c

10-15

9-15

30c

9-

1

6-30

6-24

8-

2

6-30

8-

2

7-20

$1.05

8-

1

7-15

8-

35c

9-

1

8-16

9-

1

8-16

62'Ac
20c

$1.25

(quar.)
Co.

8-11

8-

11-

50c

5%

(quar.)—;

Electric

8-

15c

(quar.)

common

preferred

+$1.75

133/4c

common

$1.06 V*

(quar.)

10c

1

9-

1

9-

7-15

8-10

1

8-16

7-30

7-16

8-

7-15

1

10-

4%

preferred

(quar.)

$1

Corp. (year-end)—
Tea

Co.,

33A%

Johnson & Johnson,
Ranch

pfd.
4%

35c

(quar.)

2nd pfd. C

Royalty

93%c

(quar.)_

Johnson

(quar.)

Inc.

& Supply, c'om.
preferred (s-a)

8-25

8-

1

7-25

8-

2

7-15

8-

1

8-16

7-

9

7-15

& Chemical, com.
(quar.)
Vegetable Parchment Co.

(quar.)

8-

1

7-20

1

10-20

8-

2

7-15

8-

2

6-

1

8-

2

6-

1

32'Ac
25c

8-31
9-

1

9-10

8-13

8-13
9-

1

95c

9-

1

8-13

$1

9-

1

8-13

$1.05

;

9-

1

$1.12'A

Kellogg Co.—
3'A %

preferred

(quar.)

87 V2C

preferred

(quar.)

87'Ac

Stone

Co.,

preferred
(Walter)

(s-a)

(I.

Corp.
B.)

pfd.

Kresge

(S. S.)

(reduced)-—...

&

1

8-13

1

7-15

1

10-15

8-

1

7-15

15c

7-31

7-21

9-15

8-31

~

25c

8-25

8-

9

8-25

8-

9

$1.06 Va

8-

2

7-

7

$1

8-

2

7-

7

25c

40c

8-25

8-16

$$1.25

7-31

7-14

56 '/4c

8-

2

7-

$3

8-

2

7-20

8-

3

12-15

$1

common

(quar.)_

(quar.)

9

7-

2

12-

I

30c

8-

2

7-

0

50c

8-

2

7-15

5c

23c
$3
50c

7-26

6-30

8-

1:1

2

9-15

$1.06 Va

(quar.)—I

9-

1

8-

6

$1.06'/4

I
I

12-

1

11-

5

25c

8-

5

8-

2

1

8-13

45c

9-

93%c

IIIIIIIII

9-

1

8-13

93 %c

9-

1

8-13

85c

(quarl)IIIII

9-

1

8-13

7-15

IIII
Co.,

Ltd.

(quar.)

5%

2

8-

1

$15c

8-

2

7-15

8-

2

7-15

30c

8-

2

7-

7-15

9

$25c

8-31

7-31

50c

8-31

8-17

62'Ac
Ltd.

(quar.)

(quar.)

Manufacturers

9-30

$2.50

8-

1

50c

(s-a)___I

preferred

Mines,
& Co.

8-

$15c

(qiiar.)„_I

75c

$25c

9-

1

l:103

9-15

60c

(quar.)

I
—IIII

Insurance

8-

2

7-20

25c

8-

2

6-21

45c

9-

1

8-

$1.06'/4

9-

1

20C

8-

2

3

Id

2c

8-

2

6-15

45c

8-

2

7-16

$1.183/4

9-

1

8-13

Co

Y.^"(s-a)

30c

Corp.
;
Forming Corp. (quar.)
Metropolitan Edison 3.8Q% pfd.

8-16

8-

10c

(qua~r!)I_II

8-

20C

Messenger

Metal

10-

8-

2

7-22

95c

10-

1

9-

2

7-21
6

2

(quar.)„

96 '/4c

10-

preferred

1

9-

(quar.)

97'Ac

10-

1

preferred

9-

2

(quar.)

$1.083/4

10-

1

9-

2

$1.11'/4

10-

1

9-

2

8-

2

1

9-15

3.90%

1-3-55

12-15

4.35%

8-10

8-

2

8-10

8-

2

Meyercofd

Miami Copper Co. (quar.)
Michigan Central RR. (s-a)
Michigan Gas & Electric Co.

4.45%"'preefrred

8-10

8-

2

8-

1

7-

9

8-

2

6-21

8-

3

7-29

4.40%

8-

2

7-

4,90%

9

Co.

(quar.)
(quar.)

preferred

preferred

.

50c

(quar.)

811-

$31'/4c

$$1.25

Mead"JOlinson & Co., com. (increased
quar.)
4%
preferred
(s-a)
Melvil}€>3Shoe Corp., common
(quar.)
43/4% preferred A (quar.)
<N;;

62'Ac
62'Ac

(quar.)

Co.,

(Arthur G.)

7-31

6-30

MidAVest

25c

(quar.)

II

I I
(quar.)_I"

pfd. A

4'/4%:"preferred (quar.) __'

$1

(quar.)

(quar.)

Rubber

2

8-13

McQuay-Norris Mfg. Co., common
CftMrp. com. (quar.)*

75c

dividend

King-Seeley

McKee

50c

(quar.)
(quar.)

Kimberly-Clark Corp., 4%

8-

9-10

37'Ac
$1.25

class A

Co.

1

9-13

Mead

100%

$3
&

8-

$1

15c

$1

common
:

Keyes Fibre Co.,
Stock

(quar.)

8-15

Co.—

3.85 % * Referred

3'A %

5%

9-

8-13

1

Extra

7-12

$2.50

Ry.

(quar.)

McCormick

Merchants- &

(quar.)
preferred (quar.)
preferred (quar.)

7-12

2

(quar.)

B
(quar.)
Corp. (quar.)
McColl-Frontenac Oil

Mclntyre Porcupine

Kansas

preferred

2

8-

Class

7-19

11-

62'Ac

(quar.)

8-

$1.04

I
Louis

McCall

7-31

50c

preferred

$1.24

4'/4%

pref.

2

8-

2
1

7-22

Chemical Co., Ltd.—
preferred (quar.)—
McCabe Grain Co., Ldt., class A

7-31

7-

7-

10-22

preferred

com.

1
5

1

(quar.)

$2.50 .preferred

88-

1

5%

McCord'-Corp.,

2

8-

McArthor

8-31

9

8-

11-

series)

$3

8

8-

1

$1.75

May Department Stores, com.
$3.75 preferred
(quar.) _!
$3.75 -preferred (1947

Maytag Co.,

7-

1

$1.75

4'/4^_rpreferred
(quar.)
IVlylJer Candy Co

7-12

2

9-

(quar.)

Maud

preferred

8-

9-

(quar.)

Chemical Corp.,

9-15

$2.25

Aluminum

5%

Kalamazoo

10c

preferred

Mar-Tex Oil & Gas
(semi-annual)
Marion P^wer Shovel Co
Marshall-Field & Co. (quar.)
Massachusetts
Investors
Trust,
(quarterly
entirely paid out of divs. and interest)
Massawlppi Valley R. R. Co. (s-a)

$3.40

7-15

preferred

(quar.)

convertible

7-21

7-15

7-30

Light—

Refrigerating Co.—
8% -.-preferred (accum.)
_\
Manischewitz (B.) & Co. (annual)

7-15

1

5c

(quar.)

B

8-

25c

Manhattan

4'/4%

12-22

2

7-30

20c

Madison-^Square Garden Corp.Mailman Corp., Ltd., 5%
pfd. (quar.)
Mallojy^P. R.), 4'A% preferred (quar.)

1

15c

(quar.)

&

& Co:,

preferred

Mathiesdn*

1-2-55

$1

."■>

(quar.)__—**___
(quar.)

Co.

7-30

5c

Testers,

Joslyn Mfg.
4 'A %

$1

4%

8-16
9-21

38c

1

preferred

8-

Jersey Central Power & Light—
Jervis

.

Holdings Ltd., 5% partic. pfd. (quar.)
Corp. (quar.)
Mackinnon Structural Steel Co., Ltd.—

Macmillian

5

7-15

1

1

25c

_.

M R A

Ex>r§k*:
Macy (R.. H.)

8-

2-18
7-15

9-

$1

(quar.)

(quar.)
Henderson & St.
preferred (s-a)

5%_ 1st

2

15c

Nashville RR. Co. (quar.)
Lyon Metal Products, common (quar.)
5%
preferred (quar.)_l
5%
preferred
(quar.)
;

:

2

8-

10-

V

%^preferred (quar.)

5%

8-

$1

4.16%^preferred

8-19

1

$1.05

(quar.)

2nd

7-19

1

2-ia

11'/4c

(quar.)

(quar.)

2nd

Power

2

9-

8-ia
11-18

10c

__*__*__■

Watch

non-cumul.

9-10

8-

9-

97'Ac

pfd.

Knudsen Creamery Co., 60c preferred
Kobacker Stores, Inc.' (quar. ).

18'/ac

7-12

2

$1.09

(quar.)

Co.,

L.)

Inc.,

preferred

Kleinert

com¬

1

93 %c

(quar.)

common

conv.

Inc.,

preferred

Jantzen,

Co.,

(quar.)

(quar.)

preferred
Inc., 55c

&

4%

Service

preferred

Kentucky
9-10

8- 2

per share

Convertible into

30

1

1

8-

$5c

plus this dividend).
mon

12-

50c

pfd.

Public

3.75%

4.20%

8-3

7-

$1.50

Rhode Island

of

7-15

1

1
2

17'Ac

Iowa-Illinois Gas & Elec., $4.22 pfd.
$4.36 preferred
(quar.)

Jack

(s-a)

Inc

Investors Trust Co.

Kidde

Ltd

4.50%

Mutual,

6-23

9-

8-

8-

q&'Ac

common

preferred (quar.)
Mortgage
(Bridgeport)
(quar.)

Investors

pfd.

Louisville,

2

35c

Ltd.,

1

Cementing Co.—

for redemption on July 30 at* $52

(quar.)

(quar.)

Foundation,

convertible

4.50%

J25c

(quar.)

Corp.

8- 4

t50c

8-

35c

8.

1

35c

City Power & Light Co.
3.80% preferred (quar.)

9-15

9-

8-

35c

common

1

$50c

(quar.)—:.

Corp.,
(quar.)

10-

$40c

$20c

Co.,

Mines,

Co.,

8-23
11-26

17'Ac

common

Oil Well

6%

4%

(quar.)

Brothers

Hailiburton

9-10

10c

—

Ltd.,

7-15

12-16

$1.16

(increased)

Quarterly

A

2

8-

$1.25

Hagerstown Gas (quar.)
Brass,

7-15

$1.25

Gypsum Lime & Alabastine of Canada, Ltd.—
Quarterly

Class

7-26

1 12'Ac

(quar.)

Co.

Intertype

Investment

Kaiser

G'-rney Products, Ltd.. $1.60 pfd.

Hahn

7-20

RR.—

preferred (quar.)
Gulf Power, 4.64%
preferred

Mfg.

7-29

10c

$5

Gusi n-Bacon

79c

3

$1.75

,

Quarterly
1

12-

Corp.—

(quar.)

Utilities

preferred

Johnson

the

2

$1

preferred (quar.)
Interstate Department Stores

Jewel

7-16

(25c1 from

securities)

Mobile

1

/*

(quar.)
Inc.

Guardian Mutual Fund, Inc.*——
Gulf Life Insurance Co. (Fla.)
(quar.)
Gulf

9-

1-

1.12'A

Machines

International Harvester Co., 7% pfd. (quar.)
International Nickel Co. of Canada, Ltd.—

Jefferson

50c

—

2

50c

(quar.)

9-10

10c

Macco

Quarterly

4.20%

9-15

8-

Lighting

non-cumul.

4.96

8-10

1

70c

Corp., common
preferred (quar.)

Ironrite,

$25c

1

30e

4

12-10

(quar.)

Louisvilltf &

Semi-annual

11-29
8-26

9-

Island

7%

9-20

State of Pennsylvania—

Interchemical

11-29

1

1

$3

profits)

8-16

$1.10

Baltimore Hotel—

Louisiana

Quarterly of 9c from ordinary Income and

12-11
9-

10-

9-

30c

1

■

7%

2

8-25

20c

V

8-16

9-

$1.10

Candy Corp. (s-a)
.-IIIIII
Long-Bell Lumber (Md.) class A (quar.)
Long-Bell Lumber Co. (Mo.) (quar.)

9-21
7-

9-10

$1.50

nary income and 14c from security profits)
Institutional Growth Fund—

12-11

$2

$1.20

6%' preferred (s-a)—_——
Institutional Foundation Fund (16c from ordi¬

$2

Great American Industries Inc., com
Southern
Life
Insurance
(Texas)—

(H.

Telephone, 4.30% preferred (quar.)
Indianapolis Water, class A (quar.)
Ingersoll-Rand Co., common (quar.)

$1.50

Great

Green

Indiana

Iowa
B

class

Great West Coal Co.,

Long

1

1

*___

Loft

Lord

2

9-

10c

Longines-Wittnauer

8-

8-

87'Ac

Extra *T.

2

10-

1

35c

(quar.)

com.

(quar.)

9

$25c

8-31

9-

(quar.)

(quar.)
Boston Theaters (quar.)

8-

Investors

(quar.)

American

9-15

$1.25

(quar.)

Union

Great

8-

75c

Ltd., class A (quar.)

Grand

6-28
8-16

preferred

Loew's

7-

37'Ac

8-31

9-11

60c

II

2

$37'Ac

7-15

7-15

9-11

37'Ac

(quar.)

8-20

$1.40

1

8- 4

(Canada)
;

2
2

50c

l__

Pipe Co.,, 8%

9

$1.40

1

1

Joint

8%

9

7-21

8-16

9-

Lock

7-16

7-16

7-

9-20

9-

$1

Preferred

7-15

2

7-

(quar.)

10-24

88-

(quar.)

;__*___

,

2

2

8-

15c

(quar.)

$50c

class

and

A

8-

Extra

2

pfd.

1

50c

87'Ac

8-18

8-

10- 1

$1.75
12'Ac

common

3-10-55

8-

(quar.)

11-

2

50c

55'/4c

Quarterly
Imperial Tobacco (Canada), 4%

7-24

(quar.)

2

8-

1

11-18

8-

2%

8-

(Fort Wayne)—

9-10

8-

583/4c

8-

12-10

53 '/4c

_

6-30

1

50c

(quar.)

Co.

8-16

7-31

50c

$3

dividend)

9-15

9-

(quar.)

(quar.)

preferred

40c

0

(quar.)_

preferred
preferred

7%

7-2Q

guaranteed

preferred

4'A%

2

guaranteed

4.42%

International Business

8-

guaranteed

9

of the

$1.12'A

(quar.)—_

Special

9

security

7-14

Special

7-

from

7-12
8-

2

$1.00 3-10-55

7-

21c

2
1

8-

40c

_

2

Insurance Co.

8-

9-

$15c

Original

2

Products

t$2

(quar.)

8-

(quar.)

7-15

30c

(quar.)

Lockwood-Dutchess

(stock

7-15

7-21

R.—

Assurance

2

7-16

5c

Co.

Co.

(quar.)

8-

Life

7-17.

8-

50c

51c

Zinc

7-15

2
6

96y4c

(quar.)

55c

4.70%

9-15

8-

*

Printing Co.,

(quar.)

Illinois

7-15

1

7-30

50c

4.26%
•

7-30
10-

3

7-15

Special

15c

_

7-30

8-

(quar.)

preferred

International

(quar.)

Grace National Bank

A

7-15

Co.—

and

preferred

Class

2

25c

(quar.)

R.)

&

8-

56'Ac

—

pfd.

Batteries,

preferred

Grafton

7-10

Amer.—

(quar.)

preferred (quar.)

6%

7-1

8- 3

25c

—

8-

8-2

2

25c

..

(W.

9-4

$1.25

(quar.)__

Goodyear Tire & Rubber Co., com. (quar.)—
\ $5 preferred (quar.)_
Goodyear Tire & Rubber Co., Ltd. (Canada)

class A

7-10

1

(quar.)

(quar.)__

Goodall-Sanford, Inc., 4%

6%

8-16

8-

45c

8%

1

8-

Semi-annual

Grace

98-

(quar.)

preferred

7-15

$1.25

(quar.)—

Co

Inc., com.

2

8-

55c

Globe-Wernicke Co., 7% pfd.
Goldblatt Brothers
(quar.)
Goodall Rubber Co. (quar.)

4%

7-8

$1.27'A

preferred

(quar.)

H.), com. (quar.)_
4'A%
preferred (quar.)
Gleaner Harvester Corp
Globe & Republic Insurance Co. of

4'A %

8-2

Southwest—

the

(quar.)

common

Gould National

5

7-8

55c

of

Cement

$5 preference
Gimbel Bros.,
Glatfelter (P.

7-

8-2

50c

Brewing, class A & B

Portland

2

8-

Ohio—

of

Waterworks, 5%
preferred

7-16

8-16

22'Ac

;
—

Co.

preferred

Gillette

7-21

2

8-

8-

1

75c

pfd. (quar.)__
preferred (accum.)

Ltd._

4.03%

Indiana Steel

(quar.)

Telephone

5.10%

2

$10c

(quar.)

preferred

General

7-21

8-

of Indiana—

Telephone Co.

General

8- 2

$$1.25

(quar.)

preferred

General

7-16

$1

i

(quar.)

;

Imperial

(reduced quar.)
(quar.)
Telephone Co.
(Calif.)—
preferred (quar.)

General Telephone Co.

$2

7-16

8-16

87'Ac

(quar.)

preferred

4'A%

8-16

Wares, Ltd.—

Common

General

(quar.)

Co

non-cumulative preferred (s-a)
Illinois Power Co., common (quar.)

6-30

62'Ac

(quar.)

common

Bricx

6%

6-30

2

5c

-

2

8-

37'Ac

(quar.)

com.

8-

$1.50

Utilities

preferred

General

$1.37'A

•

(quar.)

Public
Shoe

preferred

55c

(quar.)—

common

Illinois Central R.

Special
General

Co.,

Extra

Corp.—

convertible preferred (quar.)
preferred (quar.)

$5.50

$6

4%

Illinois

Advertising—

preferred (quar.)

General

Power

9-

tl5c

3.85%

Cement

Corp.

'

$3.75

•

7-15.

tl5c

(quar.)_

4'A%- pfd.
(quar.)

Co.

Original

11-

8-2

20c

Original^ (quar.)

6-30

15c

Corp.

Link-Bejt Co.
(quar.)__
Liquid Carbonic Corp., com.

9-17

$1.25

8

11-15

t25c

Lincoln Service Corp., common
$1.50
preferred
(quar.)

8-13

$1.25
—

Tire

preferred

3'A %

9-17
8-

$20c

Quarterly
Quarterly

7-15

(quar.)

1

8-15

t30c

Lincoln Nat'l Life Insur. Co.

10-15

8-27

9-10

10-

56 '/4c

(quar.)

Corp.,

Bros.,

Savers

$1

10%

—

$4

Salt

Life

12-18

35c

Corp

Lewis

2

12-31

25c

(quar.)

Portland

Leslie

7-30
8-

9-15
12-15

$1.80

Lerner .Stores

6

9-18

9-30

12-31

62'Ac

;_

4'A%

(James) & Sons,
Legare Co., Ltd., 6%

1

5

(quar.)

com.

(quar.)

Lees

1

2

9-30

tl5c

Co

8-

8-

10-21

$15c

—_——*————*—__L__

&

8-

pfd.

Power,

Rubber

$1.25

__________——-

(quar.)——

(quar.)

_—_*_—_______

7-15

,

A

(quar.)

preferred

1

1

4

10-31

U5c

Co.

preferred

93 %c

(quar.)—*___,_,—
(quar.)

Lighting &

5%

4

7-21

U5c

B

$1.20

9

8-

$1.25

—_____—,_

7-

7-23

$2

93%C

—

1
2

60c

$1.50

Motors Corp.,

Inc.

11-24

11-10
11-10

87'Ac
12'Ac
62'Ac

(quar.)

Corp. (reduced)(quar.)

General

6-25

11-24

Class

7-23

8-

8-

8-

8-

7-31

29c

•

Inc.,

50c class A

25c

—

5%

preferred A (s-a)
4% preferred series C (s-a)__—
General Foods Corp., $3.50 preferred
Instrument

8- 2

25c

5%

8-12

Bay Mining & Smelting, Ltd.

Foods,

5%

7-20

60c

dividend

7-21

1

29c

preferred (quar.)_
Candy Shops, Inc. (quar.)
Laurentide Acceptance Corp., Ltd.—

2

1

9-

(quar.)

Secord

30c

(quar.)

—

7-21

7-15

2

*

Corp., common

Quarterly

2

1

8-

—

(quar.)——

8- 2

8-

7-3Q

1

25c

Bryant,

Laura

25c

Hotel

8-

9-15

12-24

8-16

9-

Quarterly
Lane

7-15

1

8-

(quar.)_

com.

7-20

7-21

2

1- 10-55

$$1.75

pfd.

class

Sessions Co.,

$1.12'A

____

Inc.,

preferred
Machine

8-

_____

7-20

50c
$1

common

(quar.)—____

7-21

8- 4

810-

&

$2.50

Landis

50c

—.—

Finance

7-15

Lamson

$$2.50

(s-a)
—

preferred

Barbizon

2

5c

25c

1st pfd.

(N. Y.),

8-

50c

preferred (quar.)—„_____
Horder's, Inc. (quar.)—
Co.

7-15

37'Ac

(quar.)

Co., common

7-15
7-23

2

$15c

8- 1
8- 1

35c

(quar.)

$5

2

8-

8-

9-24

8-

Ltd.—

(quar.)

12'Ac

(quar.)—
Home (Joseph; Co. (quar.)_———!*__

1

B

8-13

7-15

10-11

J40C

(quar.)

15c

__

Co.,

(quar.)

A

35c

(quar.)_.

Ltd.,

Co.

Hardart

B

Class

31 'Ac

4(4%

&

Class

2

$1.25

(quar.)—_—.—

8- 4

15c
62'Ac

——

(quar.)
Ltd.

Co.,

H.)

Insurance

Horn

8-

(D.

9

8-

53'Ac

Holden Mfg., Ltd., class A (quar.)—
Holly Stores. 5% preferred (accum.)
Holly Sugar Corp., common (quar.)

8-

$1.50

(quar.)____—

preferred

preferred

7-

8-14

_________—.——

—_*«

convertible

7-31

$1.25

(quar.)

Milling

(ouar.)

Class

Co.,

Higbee

5%

Woods

(quar.)

93%c

(quar.)
5% preferred
Hercules Steel Products Corp.—
Powder

2

10c

$1

the

Lambert

9

7-

7-24

20c

(Brooklyn, N. Y.)—

7% preferred (quar.)
Lakeside Laboratories, $1.16

7-20

35c

7-23

8-10

10c

Common

7-15

$1.25
.__

of

7-26

8-

10c

Semi-annual
Lake

8-

50c

Quarterly
Lafayette National Bank

2

7-

5c

preferred

7-30

37'Ac

.

(quar.)

common

Baking Co.,

General

7-26

7-26

8- 2
8-16

15c

Co., common
(quar.)

Crude

30c

1

9- 1
8-16

60c

General

(quar.)__—.—_____

56'/4C
12'Ac

(quar.)

(quar.)

(quar.)—

preferred

7%

6-30

10c

(quar.)

(quar.)

preferred

7-15

Inc.

13 %C

(quar.)

L'Aiglon Apparel, Inc. (quar.)
La Crosse Telephone Corp.
(quar. >___*_
La Salle
Extension University
(quar.)_.

1-20

1

87'Ac

preferred

Inc.,

Gardner-Denver

$8

1-55

8-

8-

25c
17'Ac

14c

—

common

Extra

General

10-20

2-

7-31

7-20

20c
55c

——

$1.50 preferred A (quar.)_
$6 preferred
(quar.)

4%

11-1

115c

1

t$1.12Vi
(quar.)

common

common

Co.

10-15

56'/4c

.

8-

$12'Ac

common

preferred

Gamble-Skogmo,
5%
preferred
Gamewell

10-30

7% 2nd preferred (quar.)__;
Kuhlman Electric,
5'A %
preferred
Kuppenheimer (B.) Co. (s-a)

7-20

Hercules

20c
10c

—

(quar.)

E.)

convertible

Gabriel

10-15

8-16

7-15

7-15

7'Ac

Securities,

preferred

Funsten

11-

8-25
8-16

8-31

7-23

8- 2

$15c

(quar.)

(quar.)

preferred (quar.)
Corp., common
preferred (quar.)

$2.20

Ltd.

'

(quar.)—

Froedtert
Fulton

$1.75

9-10
8-31

1

7-16

$0.215625
—

Co.—..

Corp.

Freidman

4(4%

7-15

2

8-25

10c

&

(A.

9-15

8-

8-16

32'Ac

—

Machine

of Canada,

Stores

Frieman

10-

$1.75

8-

33A %

(quar.)..
&

convertible preferred

Bros.

$1.50

(quar.)

8-

—

of

& Chemical—

Gear

Forbes & Wallace, class B (quar.)
& Kleiser (quar.)__
;____

Franklin

(quar.)

preferred

40c

Mfg. Co. (reduced)—*
Hays Corp., 5% preferred (quar.)—
Hecht Co., com. (reduced)

held)

Foster

Fownes

preferred

$1.37%

(quar.)____

Co.

93%c

additional

(one

for

preferred

Bros.

1st
2nd

1

Food Machinery

Foote

6%
7%

68%c

Industries,

9

8-

5

$12'Ac

Hayes

9-

5

$1.37'A
(quar.)

Light

Holder*

Payable of Rec.

45c

8-

62'Ac

Co., Ltd.,

F.)

When

Share

* v

.

(quar /

11-

35C

(quar.)

Electric

(J.

common

8-14

class A (quar.)
Hat Corp. of America, 4'A% pfd. (quar.)—
Haydock Fund (quar.)

Hartford

Company

Kroger Co.,

11-15

Hayes

dividend

com.

preferred

Per
Name of

8-10

1

15c

(quar.)

A

8- 2

Flagg-Utica Corp., 5%

Corp.

class

preferred (initial) (s-a)_—___;—___
Harris (A.) Co., 5(4% pfd. (quar.)
5'A%

Holder*

15c

Co.,

Monday, July 26, 1954

$$1.25
—

(quar.)

9-15

com.

9-

...

$$1.25

(quar.)__

55c

preferred

Gas

Oil
B

When

Payable of Reo

$22'Ac

5%

3

preferred

75c

Co.,

Sterling Inc.,

Fluor

9-

7-16

(reduced quar.)

preferred (quar.)——
Hammond Organ Co.
(quar.)

(quar.)_7

Firestone Tire & Rubber

4(4%

9-24
8- 2

Ltd., com.

5%

Hancock

(quar.)
Fidelity & Deposit Co. of Maryland (quar.)
Fire Association of Philadelphia (quar.)

Firth

5%

7-9

Products, Inc.—

prior preferred

Fitchburg

7-9

8-2

75c

dividend)

8-2

$1.50

(quar.).

(stock

Corp.

Per
Share

Name of Company

Hamilton Cotton,

:

preferred

Fibreboard

6%

Holdert

Payable of Reo.

Department Stores, Inc.—

Common

4(4%

Share

ayd Financial Chronicle

>10

8-25

Midwest

Abrasive

Piping Co.

15c

8-25

8-14

20c

8-

2

7-16

Miiler.& Rhoads,

40c

9-

9

8-17

Minneapolis Gas Co.

IIIIIII

2

.IIHIIHI

12'Ac
50c

9-22

IIIIIII

9-

8

25c

7-31

7-

9

7-20

(quar.)

$1.10

8-

2

7-15

(quar.)

$1.22'A

8-

2

7-15

10c

9-

1

8-17

50c

8-16

7-30

$1.06 V4

7-31

7-20

30c

8-10

7-26

Co.

(quar.)

(quar.)

4Vi%

preferred

(quar.)

(quar.)

Number 5345

Volume 180

..

Pert
Name

Holders

When

*

Share

of Company

Name

Payable o} Rec.

omitted at this time.
$5.50 1st preferred (quar.)—
$1.50 convertible 2nd preferred (quart)__
Minneapolis & St. Louis Ry. Co. (stock div.)

$1.30

was

7-30

Pacific

37%C

8-15

7-30

Packard-Bell

7-28

7-

2

Pantex

50c

8-

9

33%%

preference series C

Mills

Paper

7-15

Parke, Davis & Co

7-15

Peerless Casualty Co.

7-15

Peninsular

8- 2

6-30

8-1

7-15

1

7-15

8- 2

7-16

6%

"9+15

8-14

Penn

t75c

12-15

11-15

$5c

7-30

:7-i5

$1.25

8-

$1.30

.

$75C

Zm"

-

-

!

~

$1.10

8-

2

8-

2

8-

2

$4

7-15

$1.20

7-15

34%c

preferred

preferred

9"

7%

preferred A
preferred B

1

7-12

1

7-12

2

Perkins

Permanente

10-

1

9-

3

t$1.75

10-

1

9-

3

t$1.75

10-

1

9-

3

{18%c

9-

1

7-31

9-10

1

9-

3

8-

6

7-16
7-15
7-J5

5c

8-

7-12

56 %c

8-

7-12

(quar.)

com.

(quar.)

8-

7-

8-16

8-

2

2c

8-31

8-10

Ltd.

Straus-Pimarawet.
Automotive

National
7%

Biscuit

National

Chemical

City Bank

National

Company

Inc.

(quar.)

Chemical

Co.

(quar.)

National

2

7-

9-25

12-30

12-25

7-31

7-19

9-

8-

9

Pittsburgh
Pittston

1

New

Co.,

Portsmouth

Potomac Edison Co., 3.60%

{5c
$1.50

2

10-20

4.70%

8-23

10-30

5c

(quar.)

8-

1

9-

1-2-55

10-

12-

8-

2

Process

3/

Price

3

Procter

York

New

York Shipbuilding

Merchandise

York

State

Common

Elec.

u

preferred

8c

8-16

8-16

Fublic

7-30

7-30

(entire

4%

8-

2

Quarterly

7-30

8-

2

7-

7-16

8-

2

7-19

Randall

1

8-13

Raymond

7-30

Northern

Te^phone

Pacific

Ry.

Raytheon Mfg.
Reading Co.,

9-14

Top

5%

7-20

$1.12%

10-

1

9-

3

1

9-

Reed

3

3

$1.12%

10-

30c

8-

2

8-

2

9-

9-15

25c

.——

30C

$3.50

20c
37 %c
20c

.

\

B

5%

7-15

8-10
8- 2

8-

7-21

1

Resistance

Welder

8-

Reynolds

8-1
1

9-22

8- 1

6-22

11-

J.)

"B"

Inc.,

3%%

7-31
2

7-15

8-

2

7-15

8- 2

7-15

8-

2

7-15

1

9-21

Roanoke

8-

2

7-15

Robinson

9-

8-16

7-30
7-14

10c

$1.12%
50c

25c

2

9-30

•,

9-35

7-31

7-15

8-

1

7-14

1

7-14

8-

125c

>8-16

"7-15

8-16

7-15

25c

—

9-10

--

8-21

Rothmoor
Class

Corp.,

A

62%c

8-

2

7

Corp—

pfd.

7-15

St.

7-15

1

8-13

8-

2

2

7-15

St. Lawrence Corp. Ltd.

8-16

7-26

St. Louis-San

8-16

7-26

5%

3iy4c

8-16

7-26

5%

1st

3iy4c

8-16

.7-26

30C

8-16

7-26

5%

7-26

8-16

-

preferred (quar.).—,—__;
..—
preferred (quar.)
.—„——

1st

(quar.)




50c

8-16

7-20

5%

Franci

4V27c
24c

8-

co

Common

9-

3

8-31

8-10

8-

3

;6-i5

8-

3

7-31

7-31

8-

5

7l31

8-25

7-15

8-

7-

8-

{15c

9

V

2

Portland

Springfield
Standard

9-13

75c

9-1

Standard

10-

9-

1

7-20

8-

1

7-15

8-

2

7-15

9-15

8-13

7-31
7-31

9-

1

8-13

8-

2

7-20

8-

2

7-20

8-.

92V2c
97V2c
$1.03%
$1.0674
$1.10
$1.15

preferred

1

7-20

Standard

Products

.7-20

standard

Silica

9-15

1

8-12

7-15

8-

2

2

8-

3

8-

3

8-

2

8-

2

-

Class

7-20

7-14

5%

Steel

Sterchi

7-21

8-

3

6-30

Stevens

7-31

7-15

Stix..Baer

1

9-15
7-

9+ 7

12-15

P )

(J.

8-13

8-16

60c

9-

7

8-

1

$1.75

10-

1

9-15

$1.75

10-

1

9-15

30c

8-

2

7-20

93%c

8-

2

7-20

,9-15

8-13

8-10

7-15

10c

8-

6

8-

28c

8-

2

7-12

50c

8-

6

8-2

75c

$4

2nd

44

2nd

8-4

25c

7-15

—_

8-

88-

2

common

(quar.j

9-10

8-27

.'

...

V.

:

8-

2

7-

Sunshine

,9-1

$1

8-13

1

8-13

9-

$1.02%

•

$L«2%

9-

1

>8-13.

$1.18%

9-

1

8-13;
7-15

8-2

35c

2

7-15

40c

9-10

8-26

8-

Co.

&

ciiartenv

•IOC

(quar.)

5C
20c

—

^

3

7-

l;
1;

8- 2

r7-

9.

8-

:isc

7-26

50C

7-31

r-36

8-14

$1.50
;

7-

8-3

:$io7

10-

1

.

7-10

.

V

4.327c-

Taylor
4.32%

7-23

2

7-23

8-

1

7-15

8-17

7-16

9-10

8-16

2

7-12

8-

9-10 ;

Texas Electric

70C

8-14

8- 5

-

t50c

7-26

7-

62 %c

9-15

9-

1'.

(quar.)
(quar.)-——*

$1,25

9-15

-9-

1

$1.25

12-15

12-

1

14c

8-15

14c

11-15

25c

8-31

(quar.)—.,

(quar.)—

V

18 %C

8-31

,7-30

11-

1

8-20'
8-20

Illinois

Texas

Common

Texas

(quar.)

15c

Light Co.—

-

"

preferred (qu)ar.) _—
preferred (quar.)
—
preferred (quar.)———

$4.56
$4.84

Z5C

.

(quar.)—

7-12

1

9-1

12-

1

8-

2

0-1

8-16

.

8- 2

7-19

9-15

9-

1

8-16

2

7-16

8-

2

6-21

8-

2

6-29

8- 2

7-15

9-15
9-15

8-25
8-25

9-15

8-?^

7-31

7-15

.

7-9

5-2

I,

*
" •

oi

1

98-

$1

^$1

8-16

3

8-16

*5c
2»c
l»c

Gas Pipeline-

—

Industries, Inc.

Texas Power &

$4

Natural

8-18

1

1-2-55

5%

——-

7-26

1

10-

-

2 ;

common—

Texas Gulf Sulphur Co.

9

8-

'

——

5

7-15

9-

27c

Service, $4 prererrfetl (quar.)_

8-

'

9-

70c
$Lu»
20c

(quar.)

e

3

«-

.

-

8-

7-31

™c

preferred (quar.)
—
Taylor Instrument Cos. (stock dividend)
Technicolor, Inc. (quar.)—
Telautograph Corp.
(quar.)—3

9-10

1

9-

30c
—i??®

common

6

1

9-

$1

—-

8-

9-20
10-

37%c
.
10c
•
25c

«~

Aircraft Corp.

7-23

8-

25c
$1.12%
30c
26fgC
277aC

eonv.

Tern CO

10-15

2

t c

preferred A

7-16

1

2

65c

(quar.)
(quar.)—
& Fenn Co,, common (quar.)

Tampa ElectHe Co.,
.

-7-15

11►

'

"

'

2

-

8-

v

(quar.)

7-15

2

3772c
3772c

(quar.l-

,———

,

8-

1

7-15

7-26

Inc.

.7-30

8-

8-

.

13c

Superior-Separator, 6% preferred (quar.)—
Superior Steel Corp. (quar.)—_—
Swan-Finch Oil, 6% pfd. (quar.)——
47«
2nd preferred
(quar.)———-——
Sweets Co. of America, Inc.
Swift

'

25c

$1.16

Biscuits,

.7-30

8-14

„8-:.4

:

1

7-15
.7-20

V" 7v

(incr. quar.)—_

8-16

9-15
7-

8-. 2 7

40c

$1
$1

7-22

8-27

.8- 2

25c

(quar.)—
(quar.)

9-15

.7-13
,

9-30

.

20c

3iy4c
12 y2 o

9-.10

£- 2

43%c
15c
.

:9^14

10-1

,3- 2

30c

..

—

1

5

7

7-30* j

,

—

1

8-

S

7-

8-14

56c
25c

<quar.)__.^

9-

15c

(quar.)__—

7-23

9

12-

2

8-

;
—

9-30

;

8-

9-15

9-30
12-31

25c

;

v:

20c

,

2

7-15

30c

—

125c

—

6%

7-10
"

25c

preferred'A
preferred B

6%

„.

7-10

1

15c

(quar.)__
(quar.)
Suburban Propane Gas Corp.—
5.20% conv. pfd. (1952 series) (quar.)
Sullivan Consolidated Mines. Ltd.—
Sun Oil Co., common (quar.)
4%% preferred (quar.) —_1——
Sunray Oil Corp., com. (quar.)
4%% ^preferred
(quar.)_
572% conv. 2nd pfd. (quar.)

,

5c

1

tl5c
110c

{20c

———

8-10

8-20
8-14

(quar.)

Inc.

Suburban Gas Service, com.

6-16

8- 2

(quar.)——,

preferred
preferred

2

20c

———

Stubnitz Greene Spring Corp.
Suburban Electric Bervice—

6

7-15

* 12%c

Clothier (quar;)—
.Struthei's Wells Corp., common (quar.)_—
'.
$1.25 preferred (quar.l—

7-15

7-

1

—

Strawbridge

8-13

37%C

2

6

8-

*

——

8-

8-

8-

——
$1.25
——.—$1.25

Co.,

-.M>

—

(quar.)
& Co. (reduced)—

Fuller

&

1

8-31
11

lii-iu

——

Textiles,

19-

»

(quar.)

Inc.

Stores

8-13
9-15

1

9-10
■°

{56740
15P

.

(increased)

Ltd.

7-15

9-10

5%

(quar.)

Stockton Whatley. Davin & Co
.Stone Container Corp;,__——

8- 2

60c

pfd.

(quar.)

(quar.)

1st preferred

7%

9

Co.

&

Stern

7-15;

7-26

1U-

div.)

preferred

7-31

10-

2

aac

—

(quar.)

Canada

Bros.

&

4% %

tlOc

{27C

7-15

8-

(quar.)——__

of

(A.)

Stern

7-31

20C

2

45c

(stock

4727o

Co.

Corp.

preferred

7-26

CM

B

Co.

Stein
1

8-

(quar.)

Coo.

preferred (quar.)

5%

7'21

V./
CO

7-20

5c
56V4c
30c

Stanley Home Products, (extra) __—
Stecher-Traung Lithograph Corp.—

.

7-21
v"

2

Stamey-Brock,

-

6-1$ '•

.

7-20

8-

10c

(William J.) Co.
Ltd., class A (quar.)

Stange

7-20

8-

7-20

2

Inc.—

(quar.l

Tobacco

Fuel

2

10-

7-20

8-

.

">•

Light

Gas

Commercial

8-

5c

2

8-2

additional

Cement,

8-

17-20

«—.

5

8-16

33c

Securities,

&

Co., Ltd.,
Standard Milling Co.—

1

8-1

—«

5

7-

(quar.)__

com.

mnionaj

7-16

9-13

8-16

Industries,
common——
75c convertible preferred (quar.) -t—vJ—

5

7-

6-18

Quarter!v

I

10-

c

10c

Co.,

7-

7-31

6

(quar.)

convertible

Spokane

7-23

1

8-23

25c

12 %c

Ry.

6-15

'

8-

Spencer, Kellogg & Son

(qUar.)
common
(quar.)

convertible preferred A
convertible preferred A

Savage

3

9-30

(increased quar.)—
Spokane International RR. Co. iquar.j

9

87

-

San Antonio Transit, com—
..

Investments

Special

Common

(reduced)

(quar.)—!

8-

34%C

pacific Lighting Corp.

$1.12%

9-

Co.

31%c

3

9-

7-24

(auar.)

35C

Co.

9-

2

(quar.)

preferred

Gas Co.

31%C

31%C

4.80%

preferred

4.607c

(quar.}—

Paper

0-15 >

,

25c

4.407o

8-13

(quar.)

37 %C

(quar.)—_
.

Croix

8-. 2

2

(quar.)

8-13

125c

(quar.):—,——————-

6-30 ;■

7-30

8-16

(quar.)

25c

common

1

6-30

,,

8-

(quar.)—

preferred,

1

(accum.)—
(quar.)—
Saguenay Power Co., Ltd.. 4%% pfd. (quar.)

8-30.

1st pfd. (quar.).
—
redeemable 1st pfd. A
(quar.)__—

redeemable

preferred
preferred

4.257o

1

Royal Oak Dairy Ltd., class A (quar.)_-

2

4.157o

7-15

9-

Russ Building Co., 6% preferred
S & W Fine Foods Inc., 4% .pfd.

8-

3.907c

7-23

5oe

7-

$1.25

7-14

2

50c

7-21-

9-10

2

8-

50C

8-2

15C

——

Service,

8-14

8-

60c

7+26

6

Public

9-

—

25C

.——

Southwestern

40c

•

RoWe Corp.

7-30

9-30

(quar.)

com.

37 %c

preferred H (quar.)_.
—,—
4.10%
preferred J (quar.)——
—
4%% preferred I (quar.)__——
—
Rockland Light & Power, common (quar.)—
4.65%
preferred (quar.)___————
Rohr Aircraft Corp. (quar.)———-—
Ross -(J. O.) Engineering Corp. (quar.)——-

8-27
7-

2

8-

,

Extra

75C

preference
Button

8-

9-30

(s-ai—

(quar.)

-

4.10%

7-16

:$i.75

"

—-

—__

8-

A

Drug,

preferred

Co.,-!

Co., common

8-10

"

10c
30c
80c

(s-a)

3.70%

(quar.)

&

Co.

Southwestern

10-30

(quar.)
(quar.)
Rochester Gas & Electric Corp.—
4% preferred F <quar.)__
1-!

7-30

8-16

Little

Rochester

7-30

7-30

50C
_

Class

7-30

J

8-16

Gas Co.

7-9

.

:•

62y?c
$1

(quar.)

Southwest Natural Gas, common

8-16

11-15

American shares

10-

Weaving

6-30
1

7-12

—

(Texas)—
Rising Paper Co., common (quar.)
River Brand Rice Mills (quar.)
Riverside Cement Co., class A (accum.)
Roan Antelope Copper Mines, Ltd.—

7-15

8-

Grande Valley

2

9-10

—

Southern

7-16

preferred

1

preferred

Tobacco,

common

non-cumulative

8-

preferred

20c

61%c

Corp., 5% (quar.).
$1.25 preferred (quar.)
—
$1.25 preferred (s f) (quar.)__.

5%

7-12

7-12

1st

Rich's

9

37 %c

Pacific Finance

-

7-26

(Dayton Ohio)—

(quar.)__

7-9

Railway Co.—

1

Corp

conv.

Rio

30c

—

Pacific Gas & Electric, 6%
5%% preferred "(quar.)

Southern

1

Inc., common (reduced) __—
preferred (quar.).
—...—
7% 2nd preferred (quar.)!

7%

7-17.
6-22

59%C

•

7-12

9-

Rice-Stix,

7-17"

2

(R.

Common

6-30

8- 2

5%

2

8-

$1.20
20c

(initial)

8-

(quar.)_

$1.25

(quart)

2

(quar.)—

Republic Supply Co. (Los Angeles)

7-12

7-

{$1.75

(quar.).

Co—

Pacific Can Co.

8-

35c

(quar.)

8-

8-26

(quar.)

common

(quar.)

Power

90C

r

(quar.)
Renold Coventry, Ltd., class A

50c

(quar.)L.,-____________—
Steel Products, Ltd., com: (quar;)

Fiberglass

preferred
Nevada

1

preferred

7-22

.

Co.

Owens-Corning

4.80%
Southern

2

(quar.)

Engineering

&

9

8-

; 7-27

50c

(quar.)

Co., Ltd...

Power

1

$1.25

3

25C

7% pfd. (quar.)—
Co., common
preferred' B (quar.)

Elevator

Canada

6-30

8-

Corp. of N. Y. (increased)
(Canada) common (quar.).—.—

Reitman's

Edison Co.,

7-

8-

f

Electric

8-31

9-3

28c
28'/fee
J50c

Co.

preferred
(quar.)
preferred (quar.)

1

17%c

(quar.)

2

25C

(quar.)

____

Otis

Calif.

(quar.)

& Paper

Bag

7-31

on

(quar.)

8-

—

—

7%
preferred -(quar.)_
Onondaga Pottery Co. tquar.)

Advance

Southern

7-22

Works

Lathe

8-

{12 %c

{30c

(quar.)

8-31

&outhern Indiana Gas & Electric Co.—

com

8-

$1.50

B

Ontario

Bend

4.48%

25c

(Mass.),

32 %c

__

(quar.)

(quar.)

6

20c

75c

(quar.)

preferred A (quar;).

:Class

$2.40 pfd.

(quar.l
Richfield Oil Corp. (quar.)

$1.25

Co.

8-

1

9-20

17 %C

35C

I

'

>■

Seuthern

(quar.);

(quar.)

10-1

425c
t50c
10c
5c
38%c
3lV*c
50c
3uc

(quar.)—

37 %C

class A

7-20

Extra

7-28

Reinsurance

8-12

9-10

7-30

(quar.)——
.——:
Old Town Corp;, 40e preferred (quar.)
Oliver- Corp* 4%% conv. pfd. (quar.)_;
Oliver United Filters- Inc., class A {quay.}

.

7-28

9-

5C

Resistofiex,

common

Oklahoma Gas & Electric Co.
Okonite

2

8-2

93 %c

Co.

preferred (quar.)
A.), $2 class A

Reliance

8-13

75c

(quar.)—

Natural Gas

4%%

8-

(quarj_

Reliable Fire Insurance Co.

1

9-15

$750

(e-a)__

common

(C.

Class

7-16

20c

Ogilvie?Flour Mills, Ltd.,
4.92 %

20c

B

5c

;

couthem

7-14

99 %C

Northwestern States Portland Cement (quar.)

Okla

7-15

15c

common (quar.)

Co.,

com.

Reece Corp.
8-15

9-

5c

Nunn-Bush Shoe Co.

1

pfd.

fciuar.)___

Pile

Brewing,

Class

9- 1

1

of New Hampshire (quar.)—
Engineering, class A (quar.)

Class B

8-

(quar.)_

Concrete

7-20

10-

Northern RR.
Northwest

Co.

7-21

50C

_—

Ohio

preferred

9-

(liquidating)— * - v
of Pato

Co.,

of America,

1st

Ralston Purina Co.,
3%%
preferred

2

93 %c

1—

eruar»"t«^d

Corp.

$3.50

2

____•

preferred (quar.)—

Northern

South

(quar.)

Radio

20c

5%

Shares

7-31

[ 25c
50c

—

(quar.)

$1.05

redemption

7-30

8-15

Corp.—

Corp., com. (quar.)_
preferred (quar.)

Illinois Gas

Northern

for

17-30

7-15

2

Illinois

conv.

called

7-12

__—

$1.50

7-15

$1

4.90%

2

$2.45 in cash pius l/20th share
Consolidated Gold Dredging

Northern

1

—

—

Indiana

8-15

$1

adj. preferred (quar.)

Northern Empire Mines

f.

8-

preferred
preferred

$1.06%

8-

7-M

8-

8-

„

quar.)

7%

$1.25

•,

Quebec Power Co. (quar.)
Quincy Mining Co._
Quinte Milk Products, Ltd., class A

2

7-31

Red

Ry. Co., com.

North Carolina. RR.

of

Distribution

8-

North American Refractories Co. (quar.)—_

,

issue

67 %c

—.—

.

6

(quar.)

(quar.)

Co.

50c

.

Western

preferred
Service

6-28

7-20

50c

(quaft)

common

$1.17%

(quar.)

7-20

8- 2

;

1

(quar.)

15C

(quar.)_

preferred

5c

(quar.)
New York ;Wlre Cloth Co. (quar.)——
Newberry (J. J.) Co., 3% % pfd. (quar.)
Niagara Share Corp. (quar.)—
Noranda Mines, Ltd- (quar.)
&

8

7-

com____—

4.20%

7-20

2

15c

7-

(quar.)

quar.)
Colorado, com.

2

8-

1

Drug Stores, com.——

2

{40c

(increased
of

4V4%

18C

(s-a)__—„_—

preferred (quar.)
$4.50 preferred
(quar.)
4^% pfd. (1949 series)

Norfolk

Ltd.,

Co.

40C

—-

(quar.)

Gas

&

preferred

7-29

$1.25

(quar.)—

50C

——

3% %
'

Co,,

9-10

Corp.—

(increased

&

9-10

37 V2C

——_!

(initial).

common

Sonotone Corp.,

8-

2c

9-30

$1.18%

(quar.)—

(quar.)
Co.

Sommers

8

75c

common__

Gamble

&

8-

9-

(quar.)

25c

x5c

—

(quar.)

New York Fire Insurance Co.
New

9

4.96%

(quar.)

B

8- 2

i
,

7-ia

10-

(quar.)

Co.

35c

60c

(quar.)

Ltd

Co.

9

Ltd.—

preferred

9-30

35C

Co.—______

$2

777-

30c

Aug. 9 at $26.25 per shr. plus this divid.)

Warehouse

Common

$1.55

(quar.)

15C

9C

Ctfs.._

Fund

Oil,

Service

4%%

common

Air Brake

Bros.

Public

7-12

Corp.

preferred

Pratt-Hewitt

I

'

New York

Steel

9

7-14

$15c

Paper Mills, Ltd.—
(quar.)

1

8-1
8-

65c

com.

5%

.

pfd.

Morgan)

7-29

95c

30c

(quar.)

Inc.,

6

(quar.)

Storage

England

New

'

Tools

6

(quar.)

New Dickenson Mines.

New

Corp. Ltd.

8-

.

preferred

Bedford

New

Scale

Electric

8-

70c

Meter

$2.40

common

7-

',

(Howard)

$1.10

Co. (quar.)
(auar.)____;

1

__

4%%

Smith

9

Glass

1

Natomas Co.

Neptune

Co.,

Portable

6

Products

Inc.,

(A. O.) Corp.

97%c

9-

V

Brothers

(S.

Smith

2

■

1

7-28

—

12-10

"7-

7-30

Ltd., common

CO.,

10c

Plate

8-

:

1

2

(quar.)—tl5c
(quar.)
i50c

(J. Hungerford) Co.

$1

9-

A. (quar.)

—

series

(N.)

1+2-55

7-

;

8-

2

7-

v

fl5c

(quar.)

Extra

1

—

2

2

7- 2

*$1.25
45c

pfd.

(increased quar.)

Smith

8-

com.

Associates,

&

,

—

9-10

$1.07 %

common

>

(quar.)

(quar.)

Smith

9-10

7- 9

Pioneer Petroleum

Pneumatic

t5c

preferred

Neisner

Johnson

Dairies, Ltd., class A

B

(H.) Sons Ltd., 5%

1

10-

1

(quar.)
preferred (quar.)
Corp.,

Class

12-10

10-

8-

(quar.)

deposit rets, for ord. shares (final)
Pioneer
Gold
of
British
Mines
Columbia,
Ltd.
(interim)

7-15

2

9-30

25C

tquar.)__

(quar.)

starcn

$1.40

New

8-

1

1-2-55

$1.17

Amer.

;

pfd. B

Preferred

Skelly Oil Co.

preferred

Pinchin,

tl5c

series

National

8-26

$1

8-10

Securities Series:

Stock

9-10

$1

9-14

(quar.)
Co.

Simon

;

Slater

5% preferred (quar.)
Phillips Petroleum Co. (quar.)

Canada,

Welding Machine

Radiator

8-26

2nd

Phillips-Jones

(quar.)__

of

(quar.)

6%

7-16

9-10

$1.12%

tl5c

Co.,

7-15

7-30

$1.12%

8-10

8-

Silverwood

7-30

(quar.)

7-15

5%

Signature Loan Co., common "A"
7%
convertible preferred (quar.)
100%

9•9-

2

8-

•

t35c
J25c
40c
50c
$1.50
;20c
<
6c
19c

Sigma Mines, Ltd

(quar.)

8-31

;

dividend

7-20

'

*

Lead

8-

2

8-

Ltd.—

Canada,

7-13

preferred

7-15

1

of

^

10- 1

10c

7-12

Dairy Products Co.

{10c

A

Stock

8-

10- 2

25c

:

1

preferred

4%

>

8-

1st

3.90%

7-15

15c

National Hosiery Mills, Ltd., class

National

,

7-16
'7-15

5%
Co.

6-36

2

(quar.)
Ltd.,

7-16

* t50c
|56y4c

1

8-2

(resumed)—
$1
participating preferred (resumed)
Philip Morris & Co., Ltd., com. (quar.)

9

2

55c

(quar.)

Quarterly
Class

7-

7-31
8-

Common

Shirriff's,

f

2

8-25

(quar.)__

preferred (quar.).
Sibley Lindsay & Curr Co. (quar.i__^
Sierra Pacific Power, com. (quar.)_—
6%
preferred (quar.)
!_____

1st

10-15

Extra

National

7-20

8-

8-

$30c

Corp.. of America _(.quar.)„_

25C

pfd.

7-27

(quar.)

25c

4

12c

dividend

20c

2

(quar.)

Y.)

Drug. &

National Electric

3

(quar.)

8-15

2%

preferred

3

9-

Co.—

9-

(s-a)

Department Stores Corp.

conv.

9-

9-13

2nd

50c'

tquar.;

National

60c

9-13

Stock

Y.)—

(quar.)

25c

dividend

common

Co.

•Phila. Transportation ep.,

8-10

1

8-

10c

Mfg.

(N.

8-31

9-10

—

(quar.)

Inc.

9-10

10- I

v
—:

Foods

6-10

10- V"

10c "

'.'jA

>

Income)

Co

8-

ioc

8-27

2V
2 ','t

25c

(quar.)

inc.—

8-13

9-16

9-

10-"

31J/4c
40c

r

(N. H.)

1

9-27

$1
60c

50c

N.

(initial)

common

$1.75

common

&

Gear

&

5 "fr

div.)

(stork

National

Ltd.,

56 %c

—

(quar.)

National

Stock

(quar.)

58c"

Inr

Fibres,

Co.,

preferred

t20c

(quar.)

pfd.

8-31

$1.07%

(quar.)
(quar.)

Co.

Sherwin-Williams

preferred (quar.)
preferred (quar)
Philadelphia Electric Co., 4.68%
4.30% preferred (quar.)
3.80% preferred (quar.)__
4.40% preferred (quar.)

1

5c

37 %c
common

40c

Narragansett Electric, 4%%
4.64% preferred (quar.)
National

9-15

$4

8-

lc

Nathan

faneraton

$4

8-

8-13

preferred" series A

7-15

$4.50
$1

1

4y? % -preferred- series B_ (guar.)—i

8- 2

$4.50

97 %C

4%

~

.

9-10

dividend.

Philadelphia

9-17

12 %c

Leather

15c

New

9-

(quar.)

Shedd-Bartush

,

7-30
8-13

9lV4c

Shawinigan Water & Power Ca, com.

8-13

v

7-16

1

investment

15c

—

;

Cement

Permutit Co.

1

Seton

Fibre—

(Subject to obtaining a
permit from the State Corp. Commission)

10-

1

&

preferred

40c

—

i

Machine

Stock

62%c

(quar.)

Mills,

1

8-27

30c

Bridge
Rice

1

9-

1

8-14
9-

(quar.)_

40c

Quarterly
Pepsi Cola Co

8-

"

10-

Line

15c

(quar.)

Voting common (quar.)
Non-voting common (quar.)
Peoples National Bank
(Bklyn.,

8-

9-10

10-

$1.06 Vt

Penobscot

f25c

Motorola, Inc. (quar.)
Mount Clemens Metal Products Co.,
Mount Diablo Co. (quar.)

Royal

Chemical

'

35c

8-

30c

Selected American Shares,

7-16

7-10

$1.25

(quar.)___

pfd;

4.24%

$l

*_

pfd.

>Security Insurance Co.
'

7-30

$1,06

(quar.)

Power,

5%

>

7- 5

7-26

v

7-16

.^Securities Acceptance Corp., commbn_______ ! V
*5
Common
!

.

-7-15

~

2

8-

i

90c

6

t25c

(Philip) & Co., Ltd.—
3.90% preferred (quar.)
4% preferred
(quar.)
Morris Plan Corp. of America,

Mi'unt

preferred

-8-16

{$1.50

:; ,15c

(s-a)

2

(quar.)

-

Mount Hope

7-26

Air

Roebuck

(From

7-

8-16

7-26

(Phila.)—
pfd. (s-a)

conv.

Co.

S7-26

8+15

,8-15

,

:75c

8-10

Morris

$2.25 preferred A

'

:

—

8-

1

(quar.)

(Henry) & Co., Ltd. (quar.)
Morgan Engineering Co., com. (quar.)
$2.50 pripr pfd.
(quar.)
Co.

Co.

8-15

33c

25c.
r

(quar.)
__,

Sears,

1

(quar )
RR. Co,

preferred

Seaboard

32 %c ;

f

(quar.)

4.30%

7-20
9-1©

7-20

8-

7-15

91V4C

preferred

1

7-20

8-2

(quar.)

3.65%

7-6

8- 2

10-

45c

1»

12

8- 2

25c

,

•_

7-27

9-

10-

Morgan

&

35c

(quar.)
Iquar.)

common

8-16

75c

(quar.)

(John)

1-2-55

4.25%
preferred (quar.)
Pennsylvania Salt Mig. Co.

8-

:

(quar.)

7%

Traffic

5%

8-26

1

non-cum.

Pennsylvania

$1.05

preferred

2%c

Pennsylvania Glass Sand Corp., com. (quar.)

$1.50

(quar.)

redeemable

(quar.)

40C

_

(quar.)

Moody's Investors Service—
$3 partic pfd. (quar.)
Moore Corp., Ltd.. common
4%

Scovill Mfg. Co., 3.65%

20C

96 %C

(quar.)
(quar.)

com.

$4
preferred
(quar.)
Scotten Dillon Co. (quar.)

(Keene, N. H.)

common

"

4

7-30

(quar.)

Investment

Penn

7-15

$1.12%

Ltd.,

preferred

8-

8-20

9-15

(quar.)

preferred

Penman's,

9-17

1

8-10

27'/2C
85c

Schwitzer-Cummins Co., 5y2% pfd. A (quar.)
Scott Paper Co., $3.40 preferred (quar.)

8-13

Co.,
(quar.)

$1.32 preferred

9

Jlr\*

.

8- 2

25c

(reuucea/

10-1

Te.ephone

preferred

$1

■V

10-

.

7-

1

~t20c

^____
Inc.

2%e

(quar.)

-—

2

2

(quar.)

Montana Power Co.,

Morrell

2

8-

.

5%

Class A (quar.)
Schenley Inaustries,

8-13

Share

class B

7%c

convertible preferred

Chemical Co.

Monsanto

$4.20

5%

"$1.25

—

$6

9-20

35c

Monongahela Power Co., $4.40 pfd. (quar.)
4.50% preferred (quar.)
4.80% preferred- (quar.)
Monroe Loan Society, 5%% pfd. (quar.
$3.85

1

-20c

Quarterly
Porcupine Mines, Ltd.

Mosinee

108-

7-26

—

7-15

.

Co., Ltd.,

(quar.)

convertible preferred

8-

;

Moneta

s

5%

$1.09

___

(accum.)
(Robert), Ltd. iquar.j

Mitchell

7-23

$1.50

1

50c

7-23

1

Park

1

9-

Corp
com.

7-

1

8-

15c

preferred A

7%

Motors

Chemical Co.,

Paramount

1

8-

.

dividend)

(stock

com.

25c

Mississippi Shipping (quar.)____:
Mississippi Valley Barge Lines Co. (quar. I
Mississippi Valley Public Service, com. (quar.)
5%
preferred (quar.)
Missouri'Kansas-Texas RR.—

Corp.,

10C

&

Minute Maid Corp.,

>.

Mfg.

8-

10c

(quar.)

(quar.)

40c

Ontario Paper Co. (quar.)____
com. (quar.)
$1.60 prior pfd. (quar.)
Mississippi Glass Co., 4% preferred (quar.)_
Mississippi Power & Light, $6 pfd. (quar.)_
4.36%
preferred
(quar.)

Minnesota

Co.

32 %c

j.

pfd.

&

49

When
Holderf
Payable o/ Ret "

Per

l'-*-.

'

.v

Name of Company

Scarfe

25c

preferred (quar.)
Corp., 4%

1st

8-15

j'.vi'

,

V;

.

.

Western. Oil

$1.37%

When
Holders
Payable of Rec.

Per
Share

of Company

Pacific Public Service Co.—,

Minneapolis-Moline. Co.—
Common payment

(393)

The Commercial and Financial, Chronicle

.

7-9

8-2
8- 2

.

7-9

50

The Commercial and Financial Chronicle

(394)

Textron,
'

*

*

3.65%

Thompson
Time

Co.,

preferred

Timm

15c

Tishman

5%
Title

Insurance

7-30

8-

2

7-12

25c

10-

1

9-15

Yale

10c

(quar.)

Co.

Bank

Trane

Co.

for ord. reg.

Radio

Salle

preferred

Street

of

-United

United

B

B

United
United

class

A

United

4(4%
6%

(from

S.

U.

2nd

S.

1

8-13

9-22

9-

8

8-

3

7-23

87 VaC

8- 5

'7-15

7-30

7-15

138c

8-16

,7-15

8-31

9-22

7 Vac
,

9-10

*

10-

9-

1

6c

7-30

Hoffman

9-30

•8-31

$1.06'A

10-

1

62 VaC

:

8-

2

7-

Potash

U.

S.

Co.

2

Shoe

Corp.

United

Stores,

$4.20

8-

2

7-14

8-

2

6-30 V.

8-

2

6-30

$1.06'A

8-

5

7-16

ment

35c

8-

2

7-

1

shares,

plus

such

45c

9-15

9-

1

by

said

distributors

United

Transit.

Universal

(quar.)

5%

50c

pfd.

Co.

1

-6-30

8-13

7-30

8-16

2"

7-22

8-16

Corp.

of

Grey

Trust

&

America

Co.

Railway

%'Waite Amulet Mines, Ltd.

Warren

Warren

&

Swasey

Bros.

Co.,

$4.50

preferred

'

•.

7%

prior preferred

9-

1
1.

8-20

8-

2

7-16

9-10

8-10

435c

Fire

Lines, Inc.

Air

*

$2.50

Western

5'A%

.

class

A

62 VaC

(quar.)

Western

Pacific

*8-10

.7-23

preferred A
preferred
Tablet

A

&

Weston

*

*
'

prior

lien

r

,

-

"i

Whiting

Corp.,

*

2

,7-20

8-

2

31'Ac.

.y
i
i
»

Co.

.

i

class A

7-30
8-16

,

(quar.)
$5 preferred (quar.)
$5-54 .preferred (quar.)




fixed

a

added

8-16

11-

'
V

1

10-

on

1

,2-

1

7-31

,'77-

25c

10-

insofar

in

be

(headed
to

the

used

by

Morgan

withheld

be

and

50c

8-

j

2

7-16

.<•8-1

on

&

34%c

$1

8-15

15c

~

t

a

'7-16

*

expansion

company's

for

corporate

and

comes

It

replacements

of

the

the

near

the

first

the

■i

8-16

III"

2
~~

___

(from invest
-

8-16
8-

25c

8-20 '

15c

8-

2

37 VaC

-9-

1

<7-31.

•

miles

Michigan

of

town

to

of

load

located

south

expected

also

Limestone

of

new

will

heating

furnace

Wire-Division
Furnace

furnace,

Co.,

of

of

U.

the

V;

Division

next

of

the

Rust

be

Steel

continuous

Steel

and

p.

Bush

and

1

Milton

2 *

8-16

2

-7

constructed
at\

for

Cleveland,

next •spring':

the

Ohio,

.

Feb.

where

PRESENT FINANCING

»

Co,,

York,

New

$8,607,000

principal

1974.—V.

1,

f'

-

+

..

Inc.—Paying Agentifor Debentures—

Trust

for

.

Authorized "* Outstanding
5,000,000 shs.
2,120,000 shs.

has • been appointed
of sinking fundf de¬

Y.,,

N/

amount
102.

180,' p.

-

-

? '

!

Banks-.

t

received SEC

has

company

four

with

banks., and

*

\
•"

•■

"

1

Eagle

<■'
•

'•

•

■

...

•

"'■;1

•/"

-

'•

-

company

on

July

12" filed a letter of

notification w,ith> the ;SEC

"coverins^3,000.000 shares of common stock .(par 5 cents), t> be offered
■at 10 cents" pet share through Arlin Davidson, 3? Exchange Place, SaltTLake'City, Utah. The .net proceeds are.to be u:ed to pay for expenses
Incident to milling operations...
.//:%:%..
,
"
.»

,►

We^thingtoii CorF-^Earnings Higher—

"
r.

"for
,

per

,

double-fired

type,

:

will

serve

Cuyahoga Works.-

-

of

•

•

the

furnace

Furnace

For the

corresponding period of last yei,r, not income,

$4,207,053

eouivalent

for

Federat income
^hare on the

to -$2.70 per-

af.er provi"ion

fxes;
amounted
to $3,0*8,49"»,
1,031,572 shares of common stock

' -

^then outstanding.—V. -179, p. 2417.

will-

official

;

income of7this^orporation "ai d
rs domjstic subsidiaries for
si^imcnths enced;-'luhe 30, 1 54, after provision of $3,868,559
Federal income taxes, amounted to $3,543,235. equivalent to $3.03
share on-the 1,098,218 shares of common stock outstanding.

Net

the

American

according.

\

Wire Division's

R.

Rackmil,

.

I

The

companv

on

July

14

filed

a

>

Utah—Files-1-

Yankee Uranium Co., Salt Lake City,

Co., Inc.—To Refinance Debs.—

President,

on

July

21

letter o!; notification

with the* REC

announced

$2,393,000 of ,said debentures in the hands of the

Upper

'

8-

1

7-15

$1.26

8-

1

7-15

Third

The-company on
covering 8,000

:

SEC

9-20

$1.25
.■

on "

Wyoming.;

Uranium €o.« Salt Lake .City* Utah—
-Files With Securities and Exchange Commission-^
.

Expand—$ -;

;

Street

Development

Securities and Exchange

"•

7-20 -

'8-31

27'Ac

.

Delaware

.

public.—:V._180,

-p. 101/

7-16

•

•

!™J

in

,

EFFECT TO

GIVING

.

8-

10-15

8-

in
and

Wvo..

$1)

(par

due-June

White

Bay

«

298.

Universal Pictures

later

acreage

in position to acquire

domesticated

it

Newcastle,

in

'

a

180,

be

to

ar*

ratfc.- of, upwards

designer-constructor.

rod mill at American

have

will

desirable

If

keep

incorporated

was

company

102-

■p-

from;

spring

Marie.-

dolomite)limestPBe'-by

S.

agent

agreement

The

McKay

Wire Oivisipn to

and

shares

"

between

'ktr

be

of

1

The

/

Cedarville.-

limestone

sale

the

*

1

9-

from

covering 12.400,000 shares of- common sAo-k (par 4 cent ) to be offered
that arrange--, at 2 cents per share through James E. Reed Co.. Salt Lake City, Utah.
8- 2.
.-ments
had been ^completed
with The First National Bank of Boston
An Additional
1,000,000 sharec are to be reserved for exercUe of
7-16 *
•
for the refinancing of its debentures.
Accordingly, - the company has . •-pption hi be-granted to underwriter and 11,000.000 shares, are to be
-7- 1
elected to redeenv on Sept. 1, 1954, its outstanding 3%% sinking fund,
xovered&by option to be granted to incorporators.
These, options! will
7-30." ;
debentures, due March
1L 1959.
There are • •presently
outstanding
be exercisable at 2(4 cents per share.
"7-20
'

10-31

90c

Corp.,

authorization to enter into a credit
to make borrowings thereunder in
an
amount not to exceed
$1,000,000 outstanding- at any one time,
180,
\- "•from- time to time prior to Dec. 31, 1955/ The funds wilL be u ed
-as
temporary ^financing
of
construction exoenditures .durine ;1954
and -1955
pending a plan' for permanent financing thereof.—V.' 180,

:

Saulfr Sfce-.

of

high-grade

Steel

billet

and

Rust

•said.—V.

1

$1.50
4c

inc )

2

$0.81

Wheeling Electric Go.—To Borrow From

:

••

-

9-20

10c

.*782.273

proceeds

net

office

an

stock

bentures'

future

•

.

1,138,000

$1,085,714
768.616
$1.19

share

incorporating

A^ter

1954/

established

•paying

developing a
large
acreage
of
lime--,
goal of beginning production in later

boat

port

new

34

tons

.

(see

•

capacity of 100 tons per hour.
With design riearly completed, it is expected that
be
placed in operation early next spring,
a
Rust

-7-23

9-30

25c

r

Securities

The .Bankers

/

-

Upper Peninsula of Michigan in late fall.
<
naturally from the product of the quarries which;

-inland

Huron

3,000,000

1

•

moderniza¬

including

purposes,

2,233.745

708,000

.—

4

Co.).r
at

$0.20

July 3, '54
Julv 4, '53
$50,194,560 $49,064,745

outstanding—

common

Webb & Knapp-,

7-23

8-15

$0.02

—V. '179/ p. -1874:

.

before^

Pension Fund

$272,591

should such opportunity arise.

"Common

or

384,292

$27,193

$7',9.969

income—

\
„

.
..

77,338

■

.

the

on

shipping
Dolomite,
a

Lake

The

'

7-20

15c

(quar.)__

Stanley
sale

for

Carnegie

additions and

President

and

! Steel

9-15

2

.,/

..

49.,

p.

CAPITALIZATION

Corp., on July 2o said this Division expects to
dolomite quarries and complete construction of proc¬

miles

A -new

v

to

,8-26

8-

$1.43%

*

p.

179,

437,275

taxe/_^_r———1,507,969

...

practicable,^
2645. \

as

179,

on

102,284

117.800
463,363

rt

;
y

acquire-' property
consisting of leases for oil
and gas exploration of lands in sur¬
rounding Weston, Campbell, Niobrara and Converse Count'e , Wyo.
The business done by.the company was that of acquiring the afore.said leasss on 11,920 i plus, .or minus .50).. acres in exchange for 1,120,000 of its Shares...
' •'
"*
;
'
:
V It is planned by the company to drill, upon the 240 acre® 1^' Weston
Countv
at
this time,i with ■ no drilling
program yet formulated for
.the other acreages of the company to the southwest.
I *t
:

and

Steel

American
•

9

1

Lewis,

new

Shipments.-arre

of

9-

9-10

25c

(quar.)
(quar.)

—-—_

;

BUSINESS—The
it

per

capital

taxes

19J>3

1954

oil,

61,

.

9-10-•

7-31

S.

name

Port

-

*

8-2

11-15

Corp.

price of $2.50

working

to

used

be

to

are

are

-

-

2

2-15-55

$17VaC

Public Service Corp.—

be

States Steel

years

and- will

States

five

fall

7-23',
<8-

$12'Ac

(quar.)

(quar.)

Common

and

Construction-employees are
•"stone-bearing property with a

'

'

1728.

p.

$20,161,247 $21 .371,777
685,695
1 ,196,443

—

^and/amortization--™--—1—-

income

same,

by the underwriters. Net proceeds will be added:
funds of the company to restore in part working capital

plants

Its
lie

•

7-20.

$1.25

;

at

or

will

underwriters

in .recent

its

essing

Corp.—

(quar.)

6% preferred (quar.)
3.60% preferred (quar.)

Wisconsin

,

$1.25

(quarJ

Co.

common

Investment

"7-30

rs-

$2.50

Si Lovett Groretv
(in^ressed monthly)
Wisconsin Electric Power
Co., common
6% preferred (quar.).,.

v? Wisconsin

Hugh

,7-15

_

I Winn Oil Co. (quar.)__
Wilcox

••

j

1954.—V.^ 179,

any
sifch acquisition" have been made.
"becomes available
the company wishes to

be paid

to

program

•open

"7-20

$1

Mfg.

funds,

1954,- to United

United

2

$1.25

com.

financing

•expenditures-for property
p. 298)..
,

-

7-14

1

75c

Corp

*

f

Corp.—

Whitehead Bros. Rubber
Wichita River Oil

-

tion

7-15

2

$li25

_

White's Auto Stores, Inc., common
5(6% preferred (quar/)-Cement

9-

.

^8-

.

2

(quar.)

(quar.)

Whitehall

2

8-

(quar.)

White Sewing Machine
$2 prior preferred

1

8-

•8-

1st preferred

Inc. (quar.)
Electrical Instrument

4he

to

general

^expended
.i.

t

_1

./Wheeling & Lake Erie RR.,
4%

8-

% ,i8-16

40c

Westmoreland,
•: >

2

34 %c

Stationery

to be offered for sa^ byAmerican Stock Exchange

7- 9

$2

preferred (quar.)
Westminster Paper Co., Ltd.,
Class B
(quar.)

to tire

'8-13

$25c

5%

-

1

2

15c

(quar.)

Western

:8-

9-

8-

27 Vac

(quar.)_

(quar.)

5%

*

the

Limestone Quarry Being Developed—

(quar.)

5%

.;

8-16

17 VaC

common

A

-

20c
25c

10c

;

the

$75,000,000 ^of debentures

Aug. 4,

7-23

(quar.)

RR,,

The

-J same priee

8-10

-

less 20%,

statement;

corporate

^commission

-

7-15

(accum.)

preferred

are

on

larger amounts of accounts receivable.—V.

•■

2

Light & Telephone Co., com. (quar.)

5%

time

optioned shares for sale from time to time on the
the counter at the market price then prevailing.

proceeds of

7-14;

1

8-

(quar.)

preferred' (quar.)
Western Maryland Ry., 7%

dealers,

to

.

8-13

7-31

9-

45c

Co. .(quar.)

Co.

and

time

the

registration

•

-

the

principally for the drilHng of up to 10 wells for the discovery
Sh'd, if found, its recovery anl marketing, it being estimated
that the approximate
cost of each such well may be $75,000 more
or
less, iand the balance of such net proceeds may be available for
recovery and
marketing costs, etc., and for the acquisition of addi¬
tional acreage .as approved by the directors, but no nresenf d an'
for

at

corporation filed a
registration statement with the SEC on
12, 1954,
covering $300,000,000 of serial debentures, of which.
$75,000,000 are not to be publicly offered^ The interest rate on the
-debentures is to be supplied by amendment.
The securities are to be
-offered for public sale at 100%
of principal amount,
with a 0.55%?

7-19 %
,7-26

40C

(quar.)__

June 30,

on

—™i_™__

PROCEEDS—The

of

The

,7-30

5

$1.06 'A

5%

■"

8-26

$1.12(4

Insurance

preferred

8-

25c

Western Canada Breweries. Ltd.'(quar.)
'.Western Insurance Securities Co.—

1

8-20

30c
.

the

(& Subs.)—Earnings Lower—

July

-

of

than

each

on

higher

share

a

used

conditioning equip¬

United States Steel Corp.—Debentures at Par—

8-20

9-

~.Z.

(quar.)

Westchester

Western

•

Co.

6

$1

Wellman Engineering Co
West Kentucky Coal Co. (reduced)
West Michigan Steel Foundry

f

the

general

37'/ac

(quar.)_

...

air

in

whichever is higher.
The option price for the 400,000 shares is
the market price,'less 17(6%, but-in no event may any of the optioned
shares be purchased by the underwriters for less than $2.50 per share/

8-31

(quar.)

at.' $4.25 preferred, (quar.)
Weber Showcase & Fixture

date,

carry

25c

com.

are

dealers

and

separate prospectus the company is currently offering 25,000
to holders of warrants, exercisable at $3.0625 per share/
none of the warrants have been exercised.

to

8-17

;

preferred

from

over

or

to

155/aC

-

Corp.

has:

company

of the 50,000 shares
to be offered for sale by

a

7-16

9-15

$16.07

to

$2.49

Newcastle, Wyo.—Stock Offered
Seattle, Wash, on June 23
offered 1.000,000 shares of common stock <par-$l) at
$1.12% per share on a "best-efforts" basis/

shares

"7-15
8-

:

;

(quar.)__

(quar.)_:

Washington Gas Light Co.,

$1^250,400

was

per

portion

counter

offer

2

8-

t20c

Co
5%

Petroleum

'

60c

Walker & Co., com. (quar.)—
Warner Bros. Pictures, Inc

Warner

10c

(quar.)

pfd.

to

7-31

8c

i.

amounted
was

Wyton Oil & Gas Co.,

the market price prevailing at the time of
After the 100,000 shares have been sold by the underwriters, they

Net

(quar.)

6%

Co..

$2

i

gains)

Vinco Corp.,*5% preferred (quar.)
Virginia Coal & Iron Co. (quar.)

,' Virginian

''

•

30

This

reported

—National

> share,

earned

Van Camp Sea Food Co. (quar.)_
Victoria

the

Exchange

7-22

.,

$0.54

$0.60

Corp.—Asset Value Rises—

value-on June

outstanding.

shares

(to be supplied by amendment). 75,000 common
of the 25,000 shares as are not purchased

price

underwriters

intend

7-16

t

(s-a)_!i

from

capital

asset

Estimated Federal

The underwriters have agreed to purchase the 100,000 shares-at a
price equal to the market price for the shares on the effective date of-

1

$0.43

!

400,000 shares.

7-12

2
2

$0.43

income

two offerings

shares

25.000

distributors

the

and

additional

an

To

7-31

4'Ac from

fixed

a

over

sale.

7-22

and

to

stock;'

of

acquire
to make

committed.

is

Coi

shares

to

proposes

7-12

8-

income

it

Co.

8-2
8-

378,560

(■''

cum.

before-Federal

the

35c

8--2

Vanadium

statement with

registration

a

Under

$1.31 Vi

Corp";! $4' convertible* ptd;

filed

19

100,000

option

an

&

&

at

the

the

59,520

59,520
378,560

1728.

Earning

common

9-

59,520
378,560

income

—V.

8-13

$1.37 Va

(3'Ac

-

Corp.—Registers With

7-15

8-

59,520

378,560

Gross

1

30c

$32,191

shrs.

•Profit

the

with

1

(quar,)

Inc.

notification

of

letter

a

9-

preferred (quar,) '_rr__r__
Fund)

filed

8-

$1.06'A

45,730

$35,930

stock

Depreciation

25c
50c

Line

in-'

7-15

Extra

Value

them

which

or

*7-23 ../.

S

"32,649
$25,486

6 Months Ended June 30—

Con¬

be

to

62 'Ac

Pictures, 4(4%
preferred (quar.)
Upper Peninsular Power Co., com. (quar.)
5(4 %• preferred

Valsjpar

is

2

(quar.)

132,591

$1,854,380
73,728
41,537

Net sales-:

is

8-

/

Universal

5Yz.%

which

40c

(quar.)

Co., com.

2

8-

$1.50

(irreg.)

(quar.)

8-

10c

(s-a)

preferred

Insurance

purchase

to

Burnside

7-12

25c

2nd

conv.

Universal Leaf Tobacco

.

agreed

Burnside

(quar.)
preferred (quar.)

$6

Canadian

adviser

investment

(Canada), .Ltd.,

9

July

on

45c

(quar.)

non-cum.

corporation

2

(quar.)

T9C3

1954—6

58.135

.Profit before .following deductions
Interest charges
1—

sale

for

p.

shrs.

$2

Walworth

covering 500,000 shares- of its 10c par common stock, to be offered
"as a
speculation."
Mortimer B. Burnside & Co., Inc., and
George F. Breen have been named as the underwriters.
They have,
for

8-

U. S. Vitamin Corp.

i

The
.

granted

Realty & Investment Co.

shr.

shares

portfolio

has given inter¬

Net

$1.50

common

pfd.

com.

p.

net

179,

$1,713,527
81,660

$1,106,985

58,193

taxes____

of

179,

and drilling
2853.

exploration

pay

1954—3 Mos.—1953

Wall Street Investing

purposes.

40c

Plywood Corp.,

S.

July

on

37 VaC

(quar.)

S.

corporation

7-

(quar.)!

to

purposes.—V.

last June.
»
Net unrealized appreciation in the value of the company's investment

development of

the

to
Its

resources.

: SEC

2

(quar.)

C. Sudler

$25,607

for

per

The

Securities and Exchange Commission—

8-31

Machinery Corp.—

preferred

respond

will

Research

United States Air Conditioning

7-15

45c

used

taxes____

of $2

288.202

covering

rate

3

inc.)

com.

(N. Y.)

and

$300,000 of 6%
sinking fund subordinated debentures,series B, due July 1, 1969, to be offered through G. H. Walker Si Co.,
Providence, R. I.
The net proceeds are to be used for general corpo¬

8-24

(quar.)_

invest,

'quar.)

U.

i

The
SEC

7-13

p.

Bond, Inc.—Quarterly Earnings—

Common

(interim)

U. S.

£

'

7-13

t75c

com.

Corp.,

1
1

25c

:

net

88-

be

corporate

.

7-31'

15c

180.

»

8

130c

(quar.)

U.

•

2

7-19

9-

will

general

affiliated with /
Prov.; for taxes on income & oi non-deductible
Continental Research Corp., a Delaware corporation, which now acts ;
pension reserves for" production and clerical
as
the investment adviser of United Funds, Inc., of Kansas City, Mo.
.,'. employees 4——',
—
^!;
This Fund has also filed a registration statement with the SEC on «
July 16, 1954, covering 2,000,000 of its $1 par common shares, to be
Net profit: •
offered
for
sale
through an underwriting group headed
by Glore,
Karnings per ?hare___!—
Forgan & Co., and Francis I. duPont & Co.
The public offering price
—V. 179, p.
1376.
y
and
underwriting
terms
are
to
be
supplied
by
amendment.
The
prospectus names Chauncey L. Waddell of New York as President.
Ward Baking Co.—Earnings Off—
}
United Public Markets, Inc., Pawtucket, R. I.—Files—
27 weeks Ended—

8-13

9-

(quar.)

(quar.)

preferred

414%

_

7-

2

8-10

and

Investment

tinental

Foreign Securities Corp.—

Common

$6

natural

9-15

$1.25

(quar.)

Co.,

U. 8. Fire Insurance Co.
U.

Judges

dustries

6c

(quar.)

Machinery

preferred

8-

management

7-20

-

60c

Cos.

Inc.

Earns,

Commission

the

and

for

•

on

profit

Number

indicated here/

States;

United

;

and drilling
101.

for exploration

pay

July 7 offered 1,500,000 shares
(par 10) at 100 per share.

proceeds

before

Number

payment

was

7-20

8-16

435c

the

in

to

shares of

■

persons

7-20

25c

Improvement

Shoe

9-20

Corp.—

A

Net

until Aug. 2, 1954, to request a hearing thereon.
Ap¬
organized on June 28, 1954, for the purpose of carrying
on
business as an investment company and
proposes to concentrate
its investments in securities of issuers organized in
Canada or the
United States which derive their income from Canada and which theested

plicant

7-20

8-16

56'Ac.

class A

Coal

preferred

United

class

Tool,

Funds,
Gas

1

;8-16

$1

income—

preferred

United

securities

8-30

used

corporate purposes.—V.

End. June 30—

Provision
■

.

Finance Co.,

$970,018

Profit

(Continued from page 11)

11-15
'

8-16-

10-

87 Vac

(quar.).
Investments, Ltd.—

Fuel

6%

9-15

general

stock

and

Period

$13.58

8-16

8-25

11-26

net

Waitt &

;

Investment News

8-24

62 VaC

(quar.)

Electric

1

9-

25c

(quar.)

The

r2-28

10-

be

to

Denver, Colo.,

preferred

Fund—

Ltd.,

&

1

1-5-55

for

common

—V.

9-23

25c

(s-a)

Stores

' v.

;

„

corrected

The

incorrect.

was

and

expenses

'

tax.

date

published

7-16

25c

preference

Income

/

General Corporation

2

2

40c

(quar.)

Drill

Class

8-

50c

(quar.)
(increased quar.)

investment

Corps.,

Class

7-

7-31

110c

convertible

of

7-2
7- 2
7- 2

Junction, Colo.—
Oklahoma City,

Grand

Inc.,

offered

Sales

tax.

date and/or record date is

7-12

92 VaC

Ltd.

income

are

Monday, July 26, 1954

.

publicly 3,000,000
stock (par 10) at 100 per share.

net

& Co.,

9-10
7-10
7-15

this dividend,

for

proceeds

.

Utco Uranium Corp.—Stock Offered—Amos

.

5

8-

65c

(quar.)—_

122(60
$31 (4c
$37(6c

12

*■

7-26

63 %C

(quar.)

Continental

From net

Previous

2

—

—

Shares,

Cigar-Whelan

$3.50

Jamaica

8-

(quar.)

Series A preferred
United

Less

8-26

United Aircraft Corp., 5% pfd. (quar.)
•United Can & Glass Co., common (quar.)

United

British

8-16

%

Calif,

Lines

United Canadian

Less

18%c

of Canada

Co.

a

8-16

(quar.)

Co.

6

1

7 Vac

Corp.

9-20
10-20
8-13

50c
37'Ac
5Uc

%

closed

not

Corp.—

(quar.)

Air

1

8-

9-

(quar.)

preferred

Oil

12-

9

y

$1.12 Va

preferred
Gas

12-10

Missouri

of

$3.70

Union

1

$1.14

(quar.)

8-20

10- 1
11- 1
9- 1
10- 1
7-31
- 8- 2
8- 2
8- 2
8- 2

The

expenses

tPayable in U. S. funds, less 15% Canadian non-residents' tax.
tPayable in Canadian funds, tax deductible at the source.
Non¬
resident tax. 15% ; resident tax 7%.

9-

9-

9- 1

25c
25c
20c

(quar.)

books

9-10

7(4c

La

25c

*•

—

Ltd., common
preferred (quar.)__
preferred (quar.)_

8- 2
9- 1

Industries,

July

on

common

..

7-8

(quar.)

Corp.

County Gas

•Transfer

30c

$3.50

United

6%

8-16

—

7-15
7-20
8-20

9

8-

1

(quar.)—

Y.)

(N.

(quar.)

preferred

Union

6-15

37'Ac

Co.

Trust

Union Electric Co.

$4

2

8-20

7-28

Trust Co. (quar.)
Trinity Universal Insurance, com. (quar.) —
Quarterly
—
True Temper Corp. (quar.)
—

$4.50

84

9-

(quar.)

Si

preferred

208 South

5%

17 Vic

Tremont Building

-

6-15

$1.06(4

Quarterly
•

2

Yellow

x

(quar.)'

Corp.
(s-a)__
Transcontinental Gas Pipe Line

Trav-Ler

8-

5%

(interim)
(quar.)

—

—

Zeilers,

Yorx

Co., Ltd.—

Transamerica
32.55

9

7-19

50c

(quar.)—

preferred

Trade

9

7-

1

—

Toledo Edison Co., common
4V4% preferred (quar.)_____.._™——
Townsend

7-

1

8-

50c

deposit rets,

4.56%

1

8-

30c

Quarterly
Amer.

7-30
8-

35c

-

Tobacco Securities Trust

-

(Rudolph) Co, (quar.)___
Manufacturing Co. (quar.)—
Cab Co., 6%
conv. pfd.
(ouar.)

2c

Ang.)

8- 2

Okla.,

Electric

County

Towne

&

15c

25c

(Los

$1.11
25c
25c

Uranium

Stock Offered—Petroleum

8-10

Wurlitzer

7-15

—

Co.

'9- 1

Monthly

Co.

preferred (quar.);
Wrlgley (Wm. Jr.) Co. (monthly)
Monthly
Z.
——

10c

Quarterly

50c

>

Monthly

—,

Trust

&

8-15

60c

—

(quar.)™.
Co. (quar.)

Mfg.

7-20

(quar.)—

Realty & Construction, com.

Metal

7-20

8-

(quar.)

common

Corp

preferred

Titan

8-

\
(quar.)

4.44%

62 'Ac

(quar.)

Aircraft

Worcester

9-15

—

Fibre Glass Co.

I.)

(H.

Finance

6%

9-15

10-

~

Thermoid Co., $2.50 pfd.
Thomaston Mills (quar.)—

:■

10-

$1

W.)

(F.

Extra

(quar.)
(quar.)

convertible

$2.40

9-15

91 (4 c

preferred (quar.)
Glass Mfg. Co.—
preference

Thatcher

10-

When Holder*
Payable of Reo*

Per
"" ' Share'

■■■■'■■ i',

.v

.

•t Name of Company
Woolworth

$1

$1.25

Inc.,

Payable o) Rec.

31%c

preferred (quar.)_^—4% preferred A (quar.)
——,
4% preferred B (quar.)—
Thalhimer Brothers, Inc., common (quar.)_

-

When

Share

of Company

,

Holders

Per
Name
'

.

J

July

12

shares

-

filed

of

a

letter

common

($25
to

company's office is located

of

stock

per share), without underwriting:
The
purchase or lease" property for parking

The

Corp.—Files

,

notification,
to

be

proceeds are

facilities.

in Milwaukee,

Wis.

with

offered
/

to

at

be

!

:

r

thel

par.1
used

The jjuet

v

.

.

proceeds are to be used to pay expenses

operation's.

With

Commission—

«

.

* incident to mining

.

Zenith Uranium & Mining Corp.—Files

With

SEp—

filed a letter of notification with the
SEC qftjjering 300:000-shares of common stock
(par one cent) to be
offered at $1 per share through Sheehan & Co., Boston, Mari. • The

!

The^^wporatiort

proceeds:

are

on

-July "12

to be used to pay expenses incident to

mining operations.

Number 5345

Volume 180

:

t

;;.

^

4 *

J

AND NEGOTIATIONS

BOND PROPOSALS

bonds.'Dated July i, 1954. Due
office of the on Dec. 1 from 1956 to 1973 inor
at the elusive.
Principal and interest
proved by O'Meiveny & Myers, of
Chemical Bank & Trust Co., New (J-D) payable at such bank or
Los Angeles.
ing oonds. ' Dated Aug. 1, 1954.
York City. Legality approved by trust company mutually agreeable
Due on Aug. 1 from ls55 to 1972
South Whittier School District, ' Wood, King & Dawson,, of New to the District and the purchaser.
inclusive. Principal
and 'interest
until

Gadsden, Ala.

Postponed

.

Date

—

of

sale of the issue of $1,000,000 re¬

funding capital outlay school war¬
rants, originally set for July 28
—v.
180, p. 299—had to be post¬
poned to July 29 because of the

a.m.

ing bonds offered

local press

did not appear on the

required

County Clerk, will receive sealed
ords at his-Office in Los Angeles,

~

ARIZONA

until

Navajo County, County Union High
Schf Dist. (P. O. Holbrook), Ariz.
Bond Sale—The $150,000 school
bonds

offered

July

r

.

*

in

as

&

Myers, 900 Title Insurance

tention
tion

the

to

dates

1955

fact

r

as

either

Jan.

299^—were awarded to a group
by the Bank of America
National Trust & Savings Asso¬

Hilt Elementary

12,000,000 Los Angeles City. High

March

School District,

ing bonds offered on July 13—v.

1,1955

180,

'

102,

p.

were awarded to
Talbot, of San Fran-

—

Hannaford &

$8,000,000 to $10,O0U,U00- Metrocl$co,at' a-price of 100.003, -a net
politan Water District of interest cost of about
3:26%, As
i Southern * California
bonds. .1
follows:'
v• *}',■..
.*<■..ry,:

group:

&

Co.,

March 30-April_6,'1955 v V

1973

to

bank

or

Nty. 101 (P. O. Runners

*! Dist.

•

"

Clear water^ Fla.

1

-

-I.

Bond

Ferry), Ida.

-v

payable

(J-D)

eral obligation hospital bonds offered July 22—v. 180, p. 299—
were awarded to a group composed of the Northern Trust Co.,
Paine, Webber, Jackson & Curtis,
and Julien Collins & Co., all of
Chicago," and Goodbody & Co.,
New York City, as 2s, at 100.26,
a

basis of about 1.97%.

Washington and Jefferson Counties,

Ashley Township High School
O. Ashley),"y

^

-.

Beebe also states' as follows:''

Mr.

Los .Angeles

some

water works revenue

Sch. Dist.y

«

Certificate

— R. E. Graham,
County Clerk, will receive sealed

Bon4 Offering

Sale.— The $550,000

'

Cook County School District

sewerage improvemeats <:ertif icate^
offered

^Joaquin County, Calif.*

San

bonds,,

v

. ...

US ante ca Union High

Power ;inay issue

and

q£«Water

r:-.j 1979.- %

Department,

July

Dist. No. 200 (P.

'•'-I. V"

-

r

.

Illinois

-

to

a

group

com¬

.

:'-

_^"Bond Sale—An issue' of $75,000
school bonds was sold

recently to

-White-Phillips Co.; of Daven¬

the

and 3%s.

port, as

1, 1954. Due on

Dated'May

Jan. 1 from 1968 to
J-J.

Interest

inclusive.

1974

by Charles
Trauernicht, of St. Louis. *

No. 28 gality ^approved

(Pt O. North Brook), III.
Bond Offering—Frank K. Sny¬

102—

21—v. 180- p.

awarded

were

City

be

may

as

.

".''The

and

such

agreed
between the purchaser and
.

'

,

at

trust company in the

Chicago,

Offering—Feme Crowley,

_

»

Principal

inclusive.

interest

upon

Certificate 'Sale — The .$400,000
Clerk of the ddard of Education,
$26,000 3%s. Due on July L from' retreafion revenue, certificates of¬ wiil reqeive sealed bids utitil Aug.
fered July:20—v. 160, p. 200—
1955-to 1963 inclusive.
J$15,000,000 to $20,000,006 Los Ah13- for the: purchase of $125,000
were
awarded to the Robinson*geles> Department of Water 12$,000 3 y4s.. 'Due on July 1- from
building bonds. • V
.
-j •
j)
^
HUmphrey Co., Inc., of Atlanta. 4- J_ •>' I
1964:to 1977 inclusive:-' yV™"- and Power-electric plant rev-- v
a 4),000 3s.- Due on July l,JL978>and
i*' •
ILLINOIS"
enue bonds.
••
Pensacola, Fict. ' f:
;
:

|

>

nagel, Secretary of the Board of
Education, will receive sealed bids
until 8 p.m. (DST) on Aug. 12 for
the purchase of $6,921,000 school
building
bonds.
Dated Aug. 1,
1954. Due on Dec.
1 from 1955

4»r

j.

No.

County

(P. O. East St. Louis), 111.
J. Steuer-

189

Bond Offering—John

of

Merrill

FLORIDA

1-

^ Clair

sealed

...

:

Due

1, 1954.

Dated Aug.

\ fr?m *95® to 1970 inclusive. Principal and interest payabl?
a bank °r, trust company
mutually acceptable to the Board
°f Education and the purchaser,
Legality approved by Charles &
Trauernicht, of St. Louis,

Aug. 3

Co., subject to prior redemption. PrinLynch, cipal and interest (J-J) payable
Pierce, Fenner & Beane, Lawson, at the Trust Company of Georgia,
of
Atlanta, or- at The Hanover
Levy & Williams, Stone & YoungLegality
berg, Hill Richards & Co., Irving Bdhk, New York City.
approve# by Jones, Williams, DorLundborg & Co., all of San Fran¬
sey & Kane, of Atlanta.
cisco; Fred D. Blake & Co., of Los
Angeles, and C. N. White & Co., of
'«
IDAHO
Oakland;
> •' *
Boundary County Class "A" Sch.
Barth

*

-

on

Wpeden & Co., Dean Witter &
J.

on

#

the

of

members

Other

(EST)

Aug. 2 for the
$117,000
building

9 p.m. (CST)
purchase
of

bonds.

until

Education

of

Board

the

bids will

the Secretary of

by

for the purchase of $990,000 non- the District. Legality approved by
tax-exempt Dormitory bonds, chapman & Cutler, of Chicago.
Dated July 1, 1953. Due on July 1
from 1956 to 1993 inclusive. Bonds
Sterling, III.
due in
1964 and thereafter are
Bond Sale—The $1,100,000 gen-

about 2.66%.

-Bond

District bonds.

School

oids until 11 a.m.

ciation, of San Francisco, as 234s,
at a price of
100.93, a basis of

Siskiyou County, Calif.
Sale—The $58,000 build¬

,

receive

will

Treasurer,

headed

Treasurer's office.

11, 1955

$848,000

p.

or

$8,000,000 Los Angeles City School
District bonds.

GEORGIA

build¬
bonds offered July 20—v. 180,

ing

Angeles County, Calif.
J. Ostly,

callable

are

Emory University (Pi O. Emory
University), DeKalb County,
Georgia
Bond Offering — G. H. Mew,

County, Calif.

Bond Offering—Harold

tentatively

build¬

Angeles

Wiseburn Sch. Dist., Los
Bond Salt—The

thereafter

of

Francisco.

ings Association, of San

probable dates for market¬ -County Clerk, will receive sealed
ing; of local bond issues ♦as fol¬ bids at his office in Los Angeles,
until 9 a.m. (PDST) on July 27
lows:
for the purchase of $30,000 build¬
Sept. 8, 1954
*
ing bonds. Dated Aug.. 1, 1954.
$19,500,000 Los Angeles DepartDue on Aug; 1 from 1955 to 1969
5 ment
of
Water
and
Power
inclusive. Principal and interest
i electric
plant revenue bonds.
(F-A)
payable at
the
County

set

Modoc

and

Bond Sale—The $176,000

from

on July 1
1974 inclusive.

■

Counties, Calif.

'

(EST) on Aug. 2

Sept. 1, 1965. Principal and
interest
(M-S)
payable at the
Marine Midlapd Trust Co., New
York City. Legality approved by
Caldwell,
Marshall, Trimble &
Mitchell, of New York City.

as

ing bonds offered July 20—v. 180,
p. 299—were awarded to the Bank
of America National Trust & Sav¬

Gladstone School District, Los

informa¬

that

to

Siskiyou

District,
;

Elementary School

Joint

Ttdelake

received

be

on Sept. 1 from 1956'
inclusive. Bonds due in

and

(P. O. luka), III.

:

Bond Offering—Sealed

Due

1, 1954.
to, 1977

.

1966

July 13—v. 180, p

Due

4s.

1972

available indicates 1954-

new

of about 2.61%.

$36,000 water

follows:

6,000

Bldg., Los Angeles 13, in a memo¬
randum dated July 20 calls at¬

'

purchase of $130,000 utilities revenue bonds. Dated March

Association; of San Francisco,
23/4s, at a price of 101.16, a basis

as

$30,000 4V2S. Due on July 1 from
V1957 to 1971 inclusive.

municipal law firm of O'Meiveny

bids until 8 p.m.

No. 7

munity Consol. Sch. Dist.

for the

ings

land, jointly, at a price ofTOO.Ol,
a",net interest cost of about 4.18%,

Beebe of the

Prospect—James L.

'

*

•

180,

of America National

and Clay Counties Com-

Marion

sealed | °.n

receive

will

Clerk,

City

299—were awarded to the Bank
Trust & Sav¬

p.

200, were^awarded to Hannafoni
& Talbot, of San Francisco, and
O. N. White & Company, of Oak¬

CALIFORNIA
.

•

The

—

bopds .offered

Dahlberg & Co., of Tucson.

oales

Sale

Bond

ing bonds offered July 19—V.T80,
p. 102—were awarded to Henry A.

of)

'

^

Sale—The

Bond

ing bonds offered July 20,—v.

County

Fresno County Water Works Dist.
No. 10 (P. O. Fresno), Calif. <

No. 4 (P. O. Tucson), Ariz. > i'
Sale-r-The $487,000 build-,

Bond

\ j

-

Bond

Local

the

at

July 20—v. 180,

.

„

ireasurer's office.

County High School District

Large

payable

(F-A)
'

West Miami, Fla.

.

bonds. Dated Aug. 1, 1954.
on Aug. 1
from 1955 to 1970
inclusive.
Principal and interest

229—werq awarded io Henry
Dahlberg & Co., of Tucson.
"

California (State

July 27

on

ing

p.

Pima

(PDST)

a.m.

Due

180,

19—v.

9

the purchase of $80,000 build¬

mr

Legality approved by -Chapman
& Cutler, of Chicago.

City.

$85,000 storm
299—were awarded to the Se¬
curity-First National Bank of Los drainage bonds, offered. July119
Angeles, and R. H. Moulton & Co.^ —v. 180; p. 299—were awarded to
of San Francisco, jointly, as 2y4s, Allan Blair & Co., Chicago, and
at a price of 100.43, a
basis of Fox, Reusch & Co., of Cincinnati,
about 2.18%.
I•
! •/'jointly, as 3y4s, at a price of98.22, a basis of about 3.45%.
Temple School Dist., Los Angeles,
Winter Garden, Fla.
i
' California
Bond Offering — E. M. Tanner,
Bond Sale—The $155,0*00 build¬

) Los Angeles County, Calif.
:
Bond Offering—Harold J. Ostly,

by law.

York

p.

Downey Union High School District
1'U

Finance,

of

,

Angeles County, Calif.
$140,000 buildr

Los

Bond Sale—The

Treasurer's office.

and interest ing

(A-O) payable at the

ap¬

Director

County

the

at

fact'that the notice of sale in the

date

Legality

.

payable

(F-A)

inclusive.y Principal

County

the

at

office.

Treasurer's

(PDST) on July 27
for the purchase of $62,000 build¬
9

payable

(F-iA)

Angeles,

bids at his office in Los

ALABAMA

Offering

51

(395)

Chronicle

The Commercial and Financial

...

Le¬

&

INDIANA "
der^ Secretary of the Board of
Securities
Education, Will receive sealed bids
known at this time; ,; ;
^
Evansville, Ind.
bids
at
his: office
in
Stockton, Corp., Nashville, Courts & Co., until 8
p.m.- (CST) on July 27 for
Bond OfferingTT-Chajies L. Ox*
'The Los Angeles County Flood. until .li; a.m. (PDST) on Aug. 2 Atlanta, Thornton, Mohr & Far- the purchase of $250,000 building
Corifrol District .now has linsold
fpr the. purchase of $500,000 build-4: island George M/Wood,& Co., bands.
Dated July. 1, 1954. Due lef, City Compffaljer^^iU receive
both Of Montgomery, at A price 6f
sealed bids until 11 a.m. (CST)
$109,000,000 of a total of $179,000,- "ihgT bonds.: Dated June l5, 1954 on p.ec.
1 from 1955 to 1973 .in¬
000
ofbonds authorized! ..at Art Due on June 15 from 1955 to 1964 100.01, a net interest cost of about clusive!'
Principal
and
interest on Aug. 10, for the purchase of
2.62%, as follows:
- '
election held Nov. 4,. 1952.
It is inclusive. •* Principal and interest
(J-D) payable at a bank or trust $4,400,000 bonds, as follows:
not expected that any of these (J-D) payable at the County $225,000 2"y2s. Due on June 1 from company mutually satisfactory to $2,400,000 sewage works revenue
1955 to 1961 inclusive.
bonds will
be spld
before May Treasurer's,- office.; v Legality ap¬ $ ft
bonds.
Due on Aug. 1 from
the'purchaser and the Board of
37,900 2y4s. Due June 1, 1962.
or June, 1955, and it may-be later proved by Orrick, Dahlquisf Her1956 to 1993 inclusive.
Education.
Legality approved by
80,000 2%s. Due on June 1, 1963
before any additional F|ood' Cbrt-1 rington &-Sutcliffe, of San Fran:-,
2,000,000 sewage works improve¬
Chapman & Cutler, of Chicago.
*
-

,

time

neither

but

no

amount are

posed- of the Equitable

•

bonds

District

trol

'•'The

Los

District
000

of

bonds

now

offered.'

$47,000,000

total; of

a

authorized
June

held

are

cisco.

'

Angeles City School
has unsold $17,000,-

3,

at

1952;

and

'

of

election

an

•

-

' ' /

■

.

'

,

'

<•

.Monte Rio School District,

-

-

Sonoma

'County, Calif.
Bond Offering — William

P.1

bids at his office in

ceive sealed
S A

000,000 authorized at an election
held June 3, 1952.
.>

Dated Aug.

The information

tenta¬
is the best

available now.J It is
one

or

changed,
be"

more

or

possible that

dates

may

be

that the amounts may

changed.

If

changes-appear

t

a

(PDST)
chase
15

'•The foregoing dates are

n

of

from

until

Rosa,
on

2:30

p.m.

July 27 for the pur¬

$38,000 building bonds.
15,-1954. Due on Aug.
1955 to
1976 inclusive.

Principal and interest (F-A) pay¬
able

at

County

the

office.

:

-

Treasurer's
"•

•

•

!

Ocean View School District,

County, Calif.
Offering — B. J. Smith,

Orange
Bond

Cbunty Clerk, will receive sealed

of

uiktil 11 a.m/'(PDST)

bids

at

his

office

Bond

Giddens, Town Clerk, will re¬
sealed
bids until 7
p.m«.

Aug. 3 for the purchase
of $275,000 water and sewer rev¬
enue refunding and improvement
on

certificates.
Due

on

May

inclusive.
and

1 from

1965. 'Legality

by Chapman & Cutler, of

as

of

approved
Chicago.,

in

Santa
on

Ana

July-27

St. Petersburg,

Certificate

ing and site purchase bonds of¬
fered July 19—v.
180, p. 299—
were
awarded to McDougal &

.Mayor,

will

sealed bids-until 10:30 a.m.

Harry J. Wilsbn &

Cq., both of Chicago,

Fla.

Offering—Samuel G.

receive
(EST)

Dist. No. 2

(P. O. Bensenville), III. •
Bond Sale—The $220,000 build¬

and

jointly.

'

School ..District No.
\
101 (P. OFBatavia), III.
Bond Offering — Harry Pierce,

Kane

County

Secretary of the Board of Educa.$90,000 bjiild-. on Aug/; 12 for the purchase of
tion, will receive sealed bids until
ing bonds. Dated Aug. 1, 1954. Due $1,300,000 water works revenue
Angeles County, Calif.
8 p.m. (CST) on July 26 for the
Bond Offering—Harold «F. Ostly, on Aug. 1 from 1955 to 1972 in- -certificates., Dated April 1, 1954.
Due on April 1 from 1955 to 1978 purchase of $390^000- school buildCoUnty Clerk, will receive sealed elusive.
Principal and - interest
Carmenita School District, Los'




*

fotr the purchase of

refunding

and

.bonds." Due
to. 1993

1957

and

Aug.

revenue

1 from

inclusive.

dated Aug. 1,
'maturing in 1965
thereafter are callable as of

The
1954

on

bonds

and

are

those

Principal and inter¬
Old Na-.
Legality
approved by Ross, McCord, Ice &
Miller, of Indianapolis.

Aug. 1, 1964.

(F-A) payable at the
tional Bank, Evansville.

est

'

r

Johnson.

102.03, a basis

DuPage County Sch.

Condon,

'

Malta), III.
Sale—The $95,000 build¬

2V2S, at a price of
of!about 2.30%.

1955 to 1983

callable

Community School

185 (P. O.

ing bonds offered on July 15—v.
18.0, p. 200, were awarded to the
First National Bank, of Malta, as

1954.

Certificates due in 1966

thereafter are

1,

1,

May

Dated

,

probable I shall try to keep you
informed of that fact in advance

bidding.".-'

.

ceive

(EST)

ment

DeKalb County
District No.

Certificate
J.

Mav

»

fronj

Perry, Fla. ''»
Offering — Clarence

-

Jdhansen, County Clerk, will re¬

the Los

^

(

/ \i t.

and 1964.v

*

Angeles City High School District
now
has
$23,000,000 *;of ;, unsold
bends of a total amount7 of $83,-

tive.

r

208,000 23/4s. Due on June 1
V' 1905 to 1969 inclusive.

Hartford City School
Bond

ly,

City, Ind.

^

Offering—Robt. E. Wear-

Secertary

of

the

Board of

Will receive seal¬
ed bids until noon (CST) on July
30 for the purchase of $150,000
school building, bonds. Dated July
School Trustees,

1, J1954.

Due

semi-annually from*;
1, 1960 inclu*

July 1, 1955 to Jan.
Interest J-J.

sive.

proved

by Ross,

Legality ap¬

McCord, Ice &r

Milier, of Indianapolis.

.

52

The Commercial and Financial Chronicle

(396)

Bank, of Des Moines,

Jennings Township School Building

Sale—The

$129,000

reve¬

July

15

awarded

to

Bond

200, were
Securities

180, p.
the
City

v.

—

100.10,

price of

basis of about

a

Monticello

3.36%.

Bond

build¬
July 15—v.

on

180,. p. 103—were awarded to the
American State Bank, of Ligonier
St. John

1955

Twp. Sch. Twp. (P. O. 8

St., Schererville), Ind.
Offering—Michael J. Rol¬

ling, Township
ceive

seated

will

Trustee,

bids

until

of

re¬

8

1973

approved

West Joliet
Bond

to

p.m.

by Chapman & Cutler,

on

from

1956

Principal and interest (J-J)

Iowa

$90,000 buildbonds offered July 20—v. 180,

ng

300

j.

.

Sale—The

<—'•

awarded

were

the

to

vVhite-Phillips Co., Davenport,,

pay¬

)range Township Consol, Sch. Dist.
(P. O. Waterloo), Iowat ' •
Bond Sale—The $185,000 school
be designated
by the successful'
building bonds offered on July 14
bidder.
Legality
approved " by
—V. 180, p. 103—were awarded to
Chapman & Cutler, of Chicago.
a
group composed of The IowaSwitz City Central School Building Des Moines National
Bank, Becker
Corporation (P. O. Switz City),
&; Cownie, :both of Des...Moines,
able

the

at

Dyer,

Gary National Bank,

at

or

bank in Chicago to

a

Indiana

,

Bond

Offering

ilfackmore,
ceive

chase

of

27

p.m.
pur¬

j> 145,000 2s. Due

$320,000

from

Jan.

1

from

40,000 2V4s. Due

1,

1

from

on

May and Nov.

KANSAS
Kansas

City School District, Kan.

Bond

Miller, of Indianapolis.
County (P. O. Liberty), Ind.
Offering — Gordon Bran¬

Offering

Lewis

—

H.

3rotherson, Business Manager and
Clerk

Bond

denburg, County Auditor, will
ceive

sealed

(CST)

Aug.

on

chase

bids

until

11

a.m.

the

from

2

pur¬

McCord,

Ice

Miller,

&

1

of

from

1955 to

Bonds.due

-.hereafter

1,

Education,
bids

are

1969.

in

callable

Principal

1974 in¬
1970

of

as

and

Sept.

interest

and

;M-S) payable at the State Treas¬

Indianapolis.

urer's

Township School Township
(P. O. Indianapolis), Ind.
Bond Sale—The $200,000 build¬
ing bonds offered July 20—v. 180,
,

office.

—

awarded

were

Trust Co., Indianapolis,
l%s, at 100.23, a basis of about

Rblla

School District,

Sale—The

ing bonds offered

Fletcher

Bond
Offering — Charles
H.
Drew, Secretary of the Board of
Trustees, will, receive sealed bids
until 2 p.m. (CST) on July 31 for

Wilding

of

bonds.

$182,000

vorks

Sale—The

to

a

sewer

on

July 16

Bond

;

:

,

180,

Moines,

as

—v.

D.

Beh

Co., of Des

Due

1963

.

to

Due
1965

on

July 1 from

bonds

180,

Owen

July 1 from

"

inclusive.

103—were awarded to

p.

Co., and BohCo., all of Cin¬

&

"

bonds offered
103

o.

Df^corah Indep. Sch. Dist., Iowa

awarded

interest

semi-annually from Nov. 1,

cost

of

about'

30,000

3s.

Due

on

to ;Nov.

Legality
&

'2.72%,

as

:

1,

1973" inclusive.',

approved

by

1970

to

.April J, 1968
v."

ori

"

-

the

on

,

1955

to

>

•

Due

180.

Louisville,
price of 103.02," a net

a

Aug. 2 for the pur-_ follows:
chase of $405,000
school build¬ $20,000 2%s. Due
ing -bonds.
Dated July 1,. 1964.
and 1969.

(CST)

$50,000 hospital
July 15—v.

on

were

—

jointly, at

Schools,

will receive sealed bids until 8:15
p.m.

•

Bankers Bond Co., and Stein Bros.
&
Boyce,
both
of

Offering—Walter L. Hetof

*

v." -

County (P. O. Owenton),
',
Kentucky
*

,

Bond

:

April Tirom

District, Iowa

...»

Bond Sale—The $315,000

frig /bonds offered
a

war/led to

the

a

group

July

7

build-*
were

managed

Iowa/Des. Moines




by

National

of

bonds

B

$5,150,000

the

the

were

follow¬

Kuhn,

ing:

Loeb & Co.,
Homblower
&

Shields
Weeks,
Hirsch & Co.,. Clark, Dodge & Co.,
W. E. Hutton & Co., L. F. Roth¬
schild & Co., Bache & Co., Bax¬
ter, Williams & Co., all of New
York; F. W. Craigie & Co., of
Richmond, Stifel, Nicolaus & Co.>
&

Co.,

of

St.

Louis, Pohl & Co., of Cin¬

cinnati, Farwell, Chapman & Co.,
of Chicago, Courts & Co., of At¬
lanta, Townsend, Dabney & Ty¬
son, of Boston, A. Webster Dough¬
erty & Co., of Philadelphia, Rauscher, Pierce & 'Co., of Dallas,
Granbery, Marache & Co. of New
York, R. H. Johnson & Co., both
jt
New
York,
Ball,
Burge
&
Kraus, of Cleveland, Eldredge E.
Quinlan & Co., of New York.
Mullaney, Wells & Co., of Chi¬

Raffensperger, Hughes &
Co., of Indianapolis, Rodman &
Renshaw, of Chicago, Herbert J.
Sims & Co., John Small & Co.,
both of New York, Stix & Co., of
St. Louis, Anderson & Strudwick,
of

nue

Dist.

10

(P. O. Minden), La.
Offering—-J. E. Pitcher

Bond

Parish .Schoo.

the

of

Secretary

receive sealed bids
until 1:30 p.m. (CST) on Aug. 2
for the purchase of $78,000 school
bonds. Dated July 1, 1954. Due on
will

Board,

Francis

I.

A. C. Allyn & Co.,
duPont & Co., Ameri¬

Securities

Corp.,

all

of

New

York, First Securities Company of
Chicago, J. C. Bradford & Co.,
Gregory & Son, Andrews & Wells,
Inc., all of New York; Barcus,
Kindred

& Co., of

Watkins, Morrow & Co., of Birm¬
ingham, M. A. Saunders & Co., of
Memphis, Alvis & Co., of New
Orleans, Lyons & Shafto, of Bos¬
ton, Bartow Leeds & Co., D. A.
Pincus &3 Co., Park, Ryan, Inc.,
of

Louis,

Geo.

K.

of

&

Co.,

Baum

Kansas City, Allen

&

of

St.

Co.,

of

and Company,

Hazelhurst, Hamp Jones Co.,
Jackson, Cutter, Plummer &

of

Bennett, of New York, J. B. Hanauer & Co., of Newark, Harring¬
ton

& Co., of Jackson, .Janney

&

Co., of Philadelphia, Lewis & Co.,
of, Jackson,
Felix 1 M. Rives, of

Shreveport, J. R. Ross & Co., of
Newark,. Sidloi, Simons, Roberts
& Co., of Denver, Southern Bond
Co., of Jackson, Southern Securi¬
ties Corp., of Little Rock, Stubbs,
Smith & Lombardo, of Birming¬
ham, Thornton, Mohr & Farish, of
Montgomery, M. B. Vick & Co., of
Chicago, T. W. Woodward & Co.,
of! Jackson, Juran & Moody,- of
St. Paul, and Kroeze, McLarty and
Company, of Jackson.
*
*
..

$8,900,000

reve¬

bonds offered July 14—v. 179,
as follows:

Y 2855—were awarded

$5,150,000 series B. to a syndicate
.' headed by C. J; Devine & Co.,

Offering

will

—

bonds

dated

are

1,

Aug.

1954.

Principal and interest (F-A)
payable at the Boston Safe De¬
posit & Trust Co.-, Boston.-/Legality approved by Storey, Thorn-

-

,

dike, Palmer & Dodge, of Boston.

/

Ann Arbor, Mich. V / - • ^
Sale—The $72,500 sewer '

-

Bond

bonds. ($62;500-special assessment

•

'

Beverly, Mass.

*//l/

-

—

,

Bond

-

City .Treasurer,.wilL receive sealea
aids in care of the First National

Due on Aug.
1959 inclusive.

1955 to

1 from

1954. Due

Due on Aug.
1955 to 1964 inclusive.

1 from

bonds

dated

are

Jan.

dock &

Chicopee, Mass.

Bond

$500,000

5, 1954.

Cohasset, Mass.

R.

due

Franklin

111

(DST)

on

until
27 for the

July

Gaylord

—

D.

thereafter

and

of

Dec.

are

1956. Prin¬
cipal and interest'(J-D) payable
at the Detroit Trust Co., Detroit.
Legality
approved
by
Berry,
Stevens & Moorman, of Detroit.

Boston,

St.,

1964

in

callable

of Boston,

National Bank

Second

Offering

from 1955 to 1967 inclusive. Bonds

Maurice

—

Noonan, Town Treasurer, will re¬
ceive sealed bids in care of the

noon

Stone, of Detroit.

Knudsen, Secretary of the Board
of Education, will receive sealed
bids until 8 p.m. (EST) on Aug. 9
for the purchase of $500,000 gen¬
eral
building '»and
site! bonds.
Dated Aug. 1, 1954. Due on Dec. 1"

anticipation notes was sold on

Offering

be, designated by

Berkley School District, Mich.

Note Sale—An issue of

count. Due Nov.

of

1, 1966.1 Principal and inter-.,
(J-D) payable at a bank or

proved by Miller, Canfield, Pad¬

&

Coolidge

1966
as

the successful bidder. Legality ap¬

payable at the First National Bank
of Boston. Legality approved by

Best,
Rugg, of Boston.

callable

are

trust company to

Principal and interest (F-A)

Gray,

-

1,

June 1 from 1956 to

thereafter

and

1, est

Aug.

on

1987 inclusive. Bonds due in

50,000 sewer bonds.

Bond

F.¬

of

tem revenue bonds. Dated June

$50,000 water bonds.

Ropes,

the; office

water supply and distribution sys¬

,

The

at

City, untUr8:p.m.; (EST):on Aug.
3
for
the purchase "br;/$400,0u0

"(DST) on July 29 for the
purchase of $100,000 bonds, as fol¬
a.m.

1954.

Cl^rk,/"wilf / receive

bids

Higgs;, Township Attor¬
420 Bay; City Bank Bldg;,-Bay

ney,

sion, 45 Milk St., Boston, until 11

lows:

Offering/^'H. C/Carney,

Township
sealed

Norman

Boston, Municipal Divi¬

of

Bank

-w/'r

P. O. Soy City),

-7^

.

C. Lovettr

Bond Offering—John

j.-,**.'n

Bangor Township
'

as

1,

purchase of $590,00 bonds, as fol¬
lows:

Boyne City, Mich.

school bonds.
Due on
July 15 from 1955 to 1974 in-

supply

elusive.

tem

Bond

$350,000
!

'240,000 school project bonds. Due
I on July 15 from 1955 to 1974
dated

are

July

Boston.

approved

104-r-were awarded
Co., and
a

price of 100.08.

Chesterfield and Macomb
Fractional Sch. Dist. No.

by

Palmer

Legality

&

Thorndike,

Storey,

p.

McDonald-Moore

troit, jointly, at

15,

Principal and interest pay¬

able at the Second National Ban!:
of

180,

water

disposal sys¬
offered July

bonds

H, V. Sattley & Co., both of De¬

bonds

The
1954.

Sale—The $150,000

and sewage

revenue

19—v.
to

inclusive.

Mount Clemens),
Bond

Dodge, of Boston.

Offering

Orlo

—

Twps.
12 P. O.

Mich.

,

Kirkum,

Estabrook

Bonds due in

&

are

bonds

Longmeadow, Mass.

J.

offered

plete details of the issue

Com¬

may

be

180,

p.'

group

a

,

Bond Sale—The

offered

awarded

to

$120,000 school
20
were

July

.

White,. Weld

notes

dated

Aug; 15.
1954. Due on August 15 from 1955
to
1974 inclusive. Principal
and
interest payable at the Day Trust
Company, of Boston. /
are

J

*'

j

•

Sale—The

at

be

bank

a

Berry,

<

1

Comstock
No. 6

| !

City,

mu¬

300—were awarded

as

1.80s,
i.79%.

Middlesex County

&

Co.,

at

New

100.04",

a

.

(P. O. East

Cambridge), Mass.
Note

(DST)
of

Offering—Chas.

County
sealed
on

bids

until

notes.
on

Dated

Moorman,., of

&
.

,,

...

,

.

,

Michigan

Bond

Offering—Curtis C. Dun-

District

lap,
ceive

Secretary,
bids

sealed

until

will

re¬

8 ' p.m.

on July 29 for the purchase*
$27,000
general"^ obligation^
Dated Aug. l,Rl954/' Due.
April 1 from 1955 to 1969 in- -

(EST)
-

on

Bonds
are

due

in *1958

callable

as

of

and

April*

I, 1957.
Principal and interest
(A-O) payable at a place desig-nated by the * successful bidder.Legality approved by Miller, Can-"
field, Paddock & Stone, of De¬
troit.

P.

How¬

will
11

Bond Offering—Myron A. Stey--

a.m.

Aug.

Aug; 2, 1955;

Dearborn, Mich. /■

re¬

July 27 for the purchase

$15,000

1954. Due

Treasurer,

...

bonds.

$280,000

Kidder, Peabody

company

(P. O. R. No. 1, Galesburg),

thereafter

to

trust

Twp., Hoover Sch. Dist.

:

1

22;—v.

York

or

Stevens

Detroit.

elusive.

p.

1957.;

1,

designated by the success¬
Legality approved by

nicipal garage bonds offered July
180,

May

Principal and interest (M-N) pay¬

of

^

Marlborough, Mass.
Bond

of

Co.f

&

City, as 1.90s, at a price
100.64, a basis of about 1.82%.

The

thereafter:

1958 and
as

ful bidder.

New York
of

callable

able

bonds

will

cation,

until 8 p.m;

to

Edgartown, Mass.

ceive

obtained from the Mayor or from

to

1.82%.

bids

serially

i

& Co., and R. L. Day
Co., all of Boston, as 1.90s, at a
of 100.63, a basis of about

provement

Due

^

nri^

ard,

from 1956 to 1969 inclusive.

July 20—v.

awarded

300—were

Gossen,

sealed

I.

Sale—The $650,000 school

basis of about

W.

receive

of the Board of Edu¬
receive sealed bids
(EST) on Aug. 2 forthe
purchase of $150,000 school
bonds. Dated July 1, 1954. Due on
May 1 from 1955 to 1972 inclusive.*
Secretary

East

Bond

until 2 p.m. (CST) on Aug. 18 for
the purchase of $65,000 publie im¬

bonds.

inclusive.

1 from 1955 to 1969

The

composed of Lee Higginson Corp.,

York.

New

Scherck, Richter

1955 to 1974 inclusive.

100,000 water bonds. Due on Aug.

-

MASSACHUSETTS

Chicago, J. S.

Co., of Jackson, Bryne and
Phelps, Inc., Tripp & Co., Wood,
Gundy & Co., Inc., Shelby Cullom
Davis & Co., all of New York;
A. M. Krensky & Co., of Chicago,

bonds. Due on Aug.

sewer

1 from

.

Cleveland,

can

$300,000

$400,000

of

purchase

follows:

payable at the office of the Treas¬ and
$10,000 general obligation), ofof the Parish School Board.
fered July/19—v.- 180,. p.* 201—
Legality approved by Chapman & were awarded doRyan,* Suther¬
Cutler, of Chicago. *
land & Co.,- of; Toledo.^//
/
i

tax

Magnus & Co., of
Cincinnati, H. V. Sattley & Co.,
of Detroit, and J. A. Overton &
Co., of Cleveland.

the
as

urer

July 20 to the Merchants National
Bank of Boston, at 0.387%
dis¬

of

for

bonds,

r

1 from 1955 -to 1974 inclu¬
Principal and interest (J-J)

July
sive.

York, T. J. Feibleman Co., of New

Mayor,

-Louisiana (State of)

Bond. Sale—The

No.

Sibley Sch.

Parish,

Orleans, Fox, Reusch & Co., of
Cincinnati, Ballman & Main, of
Chicago, Ginther, Johnston & Co.,

Rayne, La.

-J\

Webster

Richmond, Rand & Co., of New

Band

"

-

Syndicate—Asso¬

1972 inclusive.,

LOUISIANA

..

Iowa Falls Independent School
*•

purchase

series

Chapman

Cutler, of Chicago.

,

Devine

J.

ciated with C. J. Devine & Co. in

The

Bond Sale—The

60,000 3%s. Due on July 1 from
i966 to 1971 inclusive.

zel,v Superintendent

C*

all

$200,000 rev¬
offered
July 19

—

cinnati.

1960 to 1962 inclusive.

30,000 3^4s.

Sale

mer-Feinhart

on

C.

W.

Chas. A. Hinsch &

follows:

$30,000 2%s.

awarded

of

a." group composed of the Ken¬
tucky Co., Louisville; Pohl & Co.,

300—were awarded

p.

were

Murray State College (P. O.
Murray), Ky.

enue

Sale—The; $120,000

to the Carlton

bonds

revenue

5.02%.

light
plant revenue bonds' offered July
21—v.

clusive.
•

3

public improvement bonds.
Due
serially from 1957 to 1979 incl.

Love

composed

group

Bond

Brooklyn, Iowa

V

.

.

Thornburgh Co., Fox, Reusch &
Co., both of Cincinnati, and Alan
Blair & Co., of Chicago, as 4%s,
at a orice of 90.00, a basis of about

Dated

IOWA
'

'J:

$152,000 water

and

offered

school

Due

.

.

Barlow, Ky.
Bond

Aug. 1,
semi-annually from
July 1, 1955 to Jam. 1, 1964 inclu¬
sive.
Interest J-J.
Legality ap¬
proved by Ross, McCord, Ice &
Miller, of Indianapolis.
1954,

July 1 from 1966 tb 1984 in¬

on

'KENTUCKY :/

Washington School City, Ind. *1".

the. purchase

'

-

Kan.

$235,000 build¬

'----si

>-

.

inclusive;
2.40s, due on

the following:

July 16 were
Small-Milburn Co., of
*
t. /•
'

awarded to

Wichita.

v'

$2,741,000

K.

of the Parish
Police
receive sealed
aids until T1 a.m. (CST) on Aug.
il
for the purchase
of $500,000

1965

Ira Ilaupt Syndicate—Associated

as

1.70%.

to

with Ira Haupt & Co. in the pur¬
chase of the $3,750,000 bonds were

Bond

the

to

and

1955

approved

Legality

1

201

from

follows:
on July 1

as

Clark,

E.

Offering—John

City Treasurer, will receive sealed
bids until 11 a.m. (DST) on Aug.

cost

Stinson, Mag, Thomson, McEvers & Fizzell, of Kansas City.

by

Warren

p.

2.54%,
$1,009,000 4s, due

until

on Aug. 4 for the
$3,000,000 building
Dated Sept. 1, 1954. Due

clusive.

Legality approved by

of

sealed

of

March

an

Board

(CST)

a.m.

oonds.

$38,000 bridge bonds.
Dated July 1, 1954. Due semi-anriually from 1955 to 1964 inclusive.
Itoss,

the

receive

ourchase

of

Interest J-J.

of

will

re¬

9

about

interest

net

a

cago,

able at the Switz City Bank. Le¬
gality approved by Ross, McCord,

Union

1969 inclusive.

1970 to 1973 inclusive.

1,
1976 inclusive.
Principal and interest (J-J) pay¬

Ice &

May and Nov.

on

1955 to

Jan.

to

at a

jfice of 100.11, a net interest cost
>f about 2.08%, as follows:

re¬

2

the

for

semi-annually

1957

will

until

bids

lips Co., both of Davenport,

first mortgage
bonds. Dated Aug. 1, 1954.

revenue

Due

Charles L.

—

July

on

^uail & Co., and the White-Phil¬

.

President,

sealed

(CST)

-

■

of

the1

Independent School Dist.,

Bond.

inclusive.

1967

to

100.08,

-

July" 30 for the pur¬
chase
of $118,000
school bonds.
Dated July 15, 1954. Due on July
15

Ira Haupt.& Co.,
City, at a price

by

of

—

inclusive.- Legality

.

(DST)

headed

syndicate

a

of New \ork

Chicago,.:*'//' v

Nichols

:

3,750,000 series AI to

Monday, July 26, 1954

.

Waltham, Mass.
Bond

Secretary
Jury, will

O'Dell,

.

coun¬

Washington Parish (P. O.
Franklinton), La.
Bond
Offering — Mildred

aue

clusive./

*

Augusta Melsha, Secretary of the Board of Di¬
rectors, will receive sealed bids
until 8 p.m. (CST) on July 26 for
the purchase of $250,000 general
obligation
school bonds.
Dated
Aug. 1, 1954. Due on. Nov. 1 from

Ligonier), Ind.
$72,000

Sale—The

Bond

ing bonds offered

follows: $2,on July
1

as

1955 to 1970 inclusive;
$3,021,000 2.6'0s, Que on
July 1 from 1971 to 1984 in¬

Independent School

Offering

of

and

District, Iowa

Perry Township Independent Sch.
Township (P. O. R. R. No. 3,

2.57%,
2V2S,

cost

from

offered

180, p.
Sparks & Co., of Des Moines."

—v.

Corp., of Indianapolis, as 3%s, at a

net interest

a

129,000

$23,700 water
July
19
300—were awarded to

bonds

sel, of New Orleans.

about

Sale—The

works

Foley, Cox & Judell, bond

100.01,

net

Lineville, Iowa

bonds and debentures offered

nue

New York City, at a price of

2s and

as

of 1U0.1U0, a
of about 2.08%.

price

a

merest cost

Indiana
Bond

at

ri/4S,

(P. O. Leavenworth),

Corporation

.

„

2.

ens,

City Clerk, will receive seal¬
(EST) on July.
the purchase of $245,000

ed bids until 8 p.m.
27

for

Number 5345

Volume 180

bond$,

special assessment

.

*

.

The Commercial and Financial Chronicle

District No. 578 bonds.

$217,000
Due

1955 to

from

1

July

on

1964 inclusive.

.

28,000 District No. 583 bonds.
Due on July 1 from 1955 to

./

inclusive.

1964

bonds

The

July

dated

are

1,

1954.Principal and interest (J-J)

payable at the City Treasurer's
office,
Legality
approved
by
Miller, Canfield, Paddock & Stone
Detroit.

of

Warren

fol¬

as

Township, Township School
District (P. O. South Lyon), Mich.

Lyon

awarded

composed

of

to

group

a

Kindred &

Barcus,

Co., Chicago, Ryan, Sutherland &
Co., Toledo, and ..Silpr & Co., of
Detroit, at a price of par, a net
interest cost of about 2.28%, as

p.m.
(EST) on July 26 for
purchase of $600,000 general
obligation bonds. Datedi Aug. 2,

8

$75,000 3V4S. Due on May 1 from
1955 to 1957 inclusive.

1958

inclusive.

1962

to

245,000 2V2S. Due on May 1 from
1963 to 1969 inclusive.

40,000 IV2S. Due May 1, 1970.

—

will receive
(EST) on
Aug. 4 for the purchase of $232,Clerk,

City

Lybolt,

sealed bids until 5 p.m.

Trust

(J-J) payable at the Detroit
Co., Detroit. Legality ap¬
proved by Miller, Canfield, Pad¬
dock & Stone, of Detroit. /.;
/

(CST) on July
28 for the purchase of $100,000
general obligation bonds. Dated
Aug. 1, 1954. Due on Feb. 1 from

Aug. 1,

1954. Due
1970

of

(J-J)

office.

proved by Miller, Canfield, Pad¬
dock & Stone, of Detroit.
Monguagan Township School Dist.

by the successful bidder. Legality
approved
by
Miller,
Canfield,
Paddock & Stone, of Detroit.

Sale—The $28,000 tax

180, p. 301—were awarded
Michigan National Bank

v.

the

Grand

will receive
untjl 8 p.m. (EST) on
August 4 for the purchase of $3,250,000 ' building • bonds.
Dated
-July 1, 1954. Due on June 1 from
District

Secretary,

sealed bids

1955

in 1965 and thereafter are callable
of June

as

1958. Principal and

1,

MINNESOTA

Bond

Offering—Carl

City Clerk, will receive sealed
July
26
for
the
purchase of $49,750
local improvement bonds, as fol¬
bids until 7:30 p.m. (CST) on

lows:

1956

•,

Muskegon, Mich.

<

$135,000 special
13
awarded to Kenower, Mac-

bonds.

&

Arthur

Co.,

jointly, at a
cost

interest

McDonaldDetroit,
price of 100.11, a net

Co.,

&

and
both

of

of

1.56%,

about

as

follows:

from

from

57,000 IV2S. Due on Aug. 1
1961 to 1964 inclusive.
Bond Offering—A. J.

City

Clerk,

to

1

inclusive.

approved

Sale

Bond

The

—

removal and filtration
offered

/

>

$30,000 iron
plant bonds

|9—v. 180, p. 202—
were awarded to Piper, Jaffray &
Hopwood, of Minneapolis, as l%s.
Golden

eral
ment

No.

20—v.
to

Valley, Minn.

offered

follows:

$600,000 series A bonds: $180,000

3s, due on Jan. 1 from 1956 to
1961
inclusive; and $420,000
on

series

150,000

(EST) on July 27
purchase of $78,000 Group
No.
II special assessment street
•bonds. Dated Aug. 22, 1954. Due

Potterville School District,

Bond

/

Offering

—

&

bonds:

B

3V2S, due

$45,000

Jan. 1 from

on

1975 inclusive.

1962 to

Mich.

Ruth Wright,
of Educa¬

Secretary of the Board

tion, will receive sealed bids un¬
til 8 p.m. (EST) on July 28 for
~the purchase of $170,000' school
building bonds.
Dated Aug. 1,
1954. Due on May 1 from 1955 to
1972 inclusive. Bonds due in 1960
and theerafter are callable as of

-

May 1, 1959. Principal and inter¬
est (M-N) payable at a bank or
trust company- to be designated
by the successful bidder.

Legality

Miller,
Canfield,
Paddock & Stone, of Detroit.
approved

-

by

Summit Townshio Sch.

Dist. No. 2

(P. O. Jackson), Mich.
Bond Sale—The

bonds offered
p.

202.

were

on
.

members

Other
J.

Dain

M.

liams

Co.,

&

of

the

of

!

group:

Cald¬
Mannheimer-

Minneapolis,
Co.,

son
man

both
cott

&

Curtis,

&

of

Chicago,

Kal-

Co., Juran & Moody, Inc.,

of

St.

Co., of

Paul, and E. J. Pres-

Minnesota
Bond

Sale—The $750,000 build¬

ing bonds offered July 15—v. 180,

202—were awarded to a group
composed
of
the
Northwestern
National
Bank,
First
National

p.

Bank,

both

National

of Minneapolis,

Bank

of

St.

Paul,

First
Alli¬

son-Williams

Piper, Jaffray & Hopwood,
all of Minneapolis, Caldwell, Phil¬




Faegre

Co.,

J.

M.

Dain

&

Co.,

to Mcr
lips & Co., and Mannheimer-Egan,
Detroit.

sold

were

to

Louis, and Stern Bros.
of Kansas City, as 2V4S

Co.,

and 2V2s. Dated

July 1^ 1954. Due

March 1 from 1955 to 1973 in¬

on

Penington County lndep. Sch. Dist.
No.

(P.^O. Thief River Falls),

18

clusive.

M-S.

Interest

approved by ' Charles
nicht, of St. Louis.

Legality

&

Trauer¬
,

Sale—The

Bond

and
—v.

$210,000 watei
July It

offered

bonds

sewer

p. 105, were awarded tc
composed of Piper, Jaf¬

180,

group

Minneapolis,

will receive
(CST) on
July 27 for the purchase of $230,000 building bonds. Dated Aug. 1,
District

1954.

Clerk,

Due

Bonds due in

thereafter

and

Feb.

1 from 1957 to

Feb.

on

inclusive.

1971

callable

are

1967
of

as

Principal and inter¬
place to be desig¬

1, 1966.

est payable at a

Flathead

district

County

lispell,

2.05s,

as

19—

due

price

a

bonds

and

system

sewer

bonds

revenue

offered

July 16—c. 179, p. 2857—
were awarded to Blyth & Co., and
Foster & Marshall, both of Seat¬
tle, jointly, as follows:

$50,000

3s.

Due

July

on

from

1

150,000 2%s. Due on July 1 from

of B. J. Van lnggh &
Co., New York City,' Ryan, ;Hanauer
& Co./NewarK, and Ewing
& Co., of Montclair; a& 2s, 'at"'a
price of 100.20, a basis of tfoout

1974 inclusive.

,,

District bonds of¬
180, p. 301-—

Improvement
fered

July

19—v.

were

Bank

of Libby,

Madison
No. 23

First

the

awarded To

sealed

sealed

bids

Clerk,
until

(CST)

a.m.

the purchase of
$35,000
special
improvement
bonds. Due serially from 1955 to
July

on

26

for

as

6s, at

State

County High Sch Dist.

1954. Interest J-J.

Offering

Bond
will

the

bids

Sealed

—

be received until Aug.

16 for

building
bonds.
Dated July 13, 1954.
Due
serially in 20 years.
1
purchase

of

$50,000

.

NEVADA

MISSOURI

De Soto Public
(P. O. De Soto),

Sch. Dist. No. 73

1954. Due
to

sold to

a

G.

g e

$400,-

bonds
composed of

group

H./Walker

T

of

building

school

high

&

Co.,

Dempsey-

&
Co.,
and
FuszSchmelzle & Co., all of St. Louis.
e

1

e r

Lucedale, Miss.
Sale—The

Leland

Speed

jointly,

100.05,

.

-

2s,

Offering

Postponed—The

W.

Lauren

at a price of

bonds. Dated July 1,

1954. Due on
July 1 from 1956 to 1974 inclusive.
Principal and interest (J-J) pay¬
able at the Broad Street National

Morris

Interest

Township School District

301—were awarded to B. J. Van

p.

1.55s, at

a

basts

S.

Bu-

price of 100.03,
y
-

a

of about 1:54%.
?:j/k

Morristown,

'

Bond

N. J.

Offering—Nelson

tera,,-Tgwn

.

will

Qlerk,

receive

sealed bids until 8:15 p.m.

9

Aug.

on

the

for

$59,000 bonds,

(DST)
of

purchase

follows:

as

v't

$24,000 equipment bonds.

*

p

28,000 water bonds.
;
7,000 parking meter bonds.;/
Each issue is dated July 1, 1954.
Due

on

July 1 from 1955 to 1963

inclusive.

Principal

interest

and

(J-J) payable at the First Nation-]
al Iron Bank of Morristown.

Le¬

Hawkins,
Delafield & Wood, of New York
City.
"
gality

by

approved

Bond Sale—An issue of

Offering

Bond

—

Wallace W.

Jones, City Treasurer, will receive

&

$150,000

sold to the
Investment Co.,. of Kansas

New

bids

until

noon

(DST).on

Peterborough Sch. Dist., N. H.

$430,000

Bond Sale—An issue of

bonds

brooke

Co.,

&

both

1.90s, at
of

a

about

1954.

Due

-

Co.,

was

and

sold

R.

to

Esta-

L. Day &

of Boston, jointly, as
price of 100.28, a basis
1.86%. Dated
Sept. 1.
on

Brunswick, N: J.

Offering

—

Henrietta G.

McLaughlin, Assistant City Treas¬
til

will receive sealed bids un¬

11

a.m.

(DST)

on

3 for

Aug.

purchase of $81,000 bonds, as

follows:-.

t

$36,000 street improvement assess¬
ment bonds.

45,000

equipment

<s':

bonds.

Dated Aug. 1, 1954. Due on
from

1955

to

Aug.

inclusive.

1964

Principal and interest (F-A) pay¬
able at the City Treasurer's of¬

J-J.

Richland School District, Mo.

City.

ap¬

ing bonds offered July 20—v. 180,

1

Concord, N.Hi

school

Soden

Legality,

Trenton.

(P. O. Morris Plains), N.
Bond Sale—The $95,000 build¬

*

.

July 28 for the purchase of $275,000 tax anticipation notes. Dated

Legality approved by Charles
Trauernicht, of St. Louis.

was

of

by Hawkins, Delafiefd
Wood, of New York City.

proved

Fiscal Agent
Building, Salt Lake

NEW HAMPSHIRE

sealed

-

bonds

Jersey

for the purchase of $787,000 school

Gibbs,

Bank

street

■

building

Principal* and
at Ifee

payable

New

July 28 as originally announced.—
v. 180, p. 301. Complete details, of
the issue may be obtained from

City, Utah.

$50,000

inclusive.

(F-A)

Bond

Sale—^n issue of $50,000 July 29, 1954 and due on Dec. 1,
electric light revenue bonds was 1954. " Payable
at the National
sold to the Municipal Bond Corp., Shawmut Bank
of Boston.
Le¬
of Chicago, as 3%s. Dated June 1.
gality approved by Storey, Thorn1954. Due on January 1 from 1968
dike, Palmer & Dodge, of Boston.
1972

August 1 from 1955

on

inclusive.

Bond Offering—Chester A. MPKinney, Secretary of the Board of
Education,
will
receive
sealed
bids until 2 p.m. (DST) on July .28

Educational School
Vegas),

Bond

to

of

Township School Dist.
(P. O. Princeton Road, Trenton),

the

Co., both of Jack¬

as

purchase

Lawrence

urer,

improvement bonds offered July
20—v. 180, p. 301—were awarded
to the Hamp-Jones^Co., end the
son,

(iDST)

a.m.

the

Legality approved by Reed, Hoyt,
Taylor & Washburn, of New York
City.

$1,750,000 general obligation bonds
will be sold on August 25, not

Zions

Bond

11

for

National State Bank, of Elizabeth.

Nevada

Bond

issue

Sale—An

Bond

1959

District No. 2 (P.O. Las

Missouri

000

until

28

,

Clark County

County,

.;

Ingen & Co., New York City, as

par.

inclusive.

1963

<

,

■■'

$211,000 public improvement ahd
equipment bonds. Dated Aug.01,

Valley Twp. Sch. Dist. No. 9 (P. O.
Opheim), Mont.

receive

will

11

bids

July

on

(P. O. Harrison), Mont.

Dated July 1,

Offering—Mrs. H. W. Har¬

City,

I

Elizabeth, N. J.
/
Bond Offering—Patrick
F^'McGann, Comptroller, will recpiye

Libby, Mont.
Sale—The $24,715 Special

Bond

in

Columbia, Miss.

scnobl

and

composed

Bank,

1955 to 1959 inclusive.

Bond Offering—J. W.
Hughes,
1, 1970. Principal and
payable at any suitable Clerk of the Board £f Trustees,
bank designated by the purchaser. will receive sealed bids until 8
Legality approved by Faegre & p.m. (MST) on Aug. 9 J for the
purchase of $39,000 gymnasium
Benson, of Minneapolis.
construction and equipment bonds.

Bond

$434,000'geH-

ofiered

July 19 — v5l80,
202—were awarded to a' grottp

p.

interest

grove,

Sale —The

! improvement

i

of Aug.

as

v

school

Bloomfield, N. J.
Bond
eral

of

Mont.
Bond Sale—The $200,000 water

callable

are

at

Glasgow,

1960 to

Bonds

"

N.J.

$80,000

& Co., of Newark, as
2.60s,
100.25, a basis of about 2.56%.

100.01.

Offering-*-Paul H. Haugen,

thereafter

July

2857—were awarded to

p.

Richfield, Minn.

inclusive.

offered

bonds

179,

Benson, of Minneapolis.

and

as

School Districts
(P. O. Kalispell), Mont.
Bond Sale—The $343,000 school

by the successful bidder.
Legality approved by Faegre &

Village Clerk/'wilT receive sealed
bids until 8 p.m. (CST) on July
28 for the purchase of $1,000,000
''mprovement bonds. Dated Aug. 1,
1954. Due on August 1 from 1956

O.

auer

at

interest

nated

1975

J. M. Dain &
& Co., all oi
3s, at a price of

par.

v.

(P.

offered July 21—v.
180, p.
202—were awarded to J. B. han-

1.97%.

East Helena, Mont.

the Conrad National Bank of Ka¬

L. William¬

Offering—A.

Sale—The

/

:

Dist.

West Berlin),

Bond

e

both of St.

&

New Madrid, Mo.

$35,000 building

awarded

by

approved

Minneapolis.

Hennepin County Indep. Sch. Dist.
No. 205 (P. O. St. Louis Park),

Julv 15—v. 180,

Donald-Moore & Co., of

Legality

Shaughnessy

& Co.,
Harold E. Wood & Co., all of St.
Paul, Woodard-Elwood & Co., of
Minneapolis, Paine, Webber, Jack¬
Inc.,

Egan,

bonds,

group composed of Newhard, Cook
& Co., Blewer, Heitner & Glynn,

Benson, of Minneapolis.

was

Allison-Wil¬

Co.,

Phillips

well,

suitable
to be des¬

any

ignated by the successful bidder.

on

1961

to
000

Aug. 22 from 1955 to 1964 in¬
clusive. Interest F-A. Legality ap¬

at

trust company

or

Jefferson

on

.

payable

bank

Jan. 1 from 1956
inclusive; and $105,-

3s, due

for the

school

Jan. 1 from 1962

to 1975 inclusive.

bids until 5 p.m.

proved
by
Berry,
Stevens
Moorman, of Detroit.

1964

terest

July

202—were awarded
headed by Piper, Jaf¬
p.

3V2S, due

Bond Sale—An issue of $500,00C

fray & Hopwood,
Co., and Kalman

MISSISSIPPI

fray & Hopwood, of Minneapolis,

from

St. Louis County Reorganized Sch.
Dist. R-9 (P. O. St. Louis), Mo.

&

Sch.

,

bonds

1954.

$750,000 gen¬
sewer
improve¬

bonds

1

180,

group

a

im¬

Sale—The

obligation

NEW JERSEY

Twp.

■

bonds. Dated Aug. 1,
Due on Aug. 1 from 1955 to
inclusive. Principal and in¬

1971

July

Bond

\

Berlin

M-S. Legality approved
by Charles & Trauernicht, of St

a

to

Minn.

Gray, Best, Coondge & Kugge, of
Bosion.

Louis.

provement

Bond

January

on
1965

$12,000

sold to the First

was

53

1955
to
1974
inclusive. Interest
M-S. Legality approved by
Ropes,

MONTANA

purchase of $32,000

the

jf'or

1

January

on

J-J. Legality

Bovey,

;

sealed

1

January

by Dorsey, Colman, Barker, Scott
& Barber, of Minneapolis.

Leutscher,

receive

will

Due

1956

Interest

as

$78,000 13/4s. Due on Aug. 1
1955 to 1960 inclusive.

on

Due

bonds.

1,700

Bond Sale—The

Moore

inclusive.

1965

of

March 1 from 1955 to 1974 incl.

Cheney,

Village Clerk, will receive sealed
July 29

from 1956 to 1965 inclusive.

assessment bonds offered July
were

to

1956 to 1965 inclusive.

from

2,350

January 1

Due

bonds.

8,700

(J-D) payable at a bank
trust company to be designated

or

Erick-

I.

issue

National Bank of Doniphan, as 3s
and 3V2S. Dated June 1, 1954. Due

sealed bids until 8 p.m.

son,

on

school bonds

Rapids, Minn.

Offering—A.'.B.

bids until 8 p.m. (CST) on

son,

interest

.by•the purchaser. Legality ap¬
proved by Miller,- Canfield,* Pad¬
dock & Stone, of Detroit.: ,7 T *>y

Colman, Barker, Scott & Barber,
Minneapolis.

Minnesota

Alexandria, Minn.

Bonds due

1972 inclusive.

to

to
of

suit¬

any

trust company to be

of

Bond

•

payable at

or

Rapids, at 2%.interest.

from

Offering—James L. Hale,

an¬

ticipation notes offered July 19—

$37,000 bonds. Due

;rtVo. 2 (P. O. 12351 Longsdorf
•Avenue, Wyandotte), Mich.
Bond

payable at a bank
designated

trust company to be

or

Principal

inclusive.

designated by the successful bid¬
der. Legality approved by Dorsey,

Bond

1959. Principal and

July 1,

able bank

Park

inclusive. Bonds due

in 1960 and thereafter are callable

interest

p.m.

interest

and

July 1 from

on

2

1974

to

1957

Secretary of the Board of
Education,
will
receive
sealed
bids until 8 p.m. (EST) on July'28
for the purchase Of $100,000 school
site and
building bonds. Dated

1, 1954. Due on Oct. 1 from 1955
to
1959 inclusive. Principal and
Treasurer's

-

son,

Clerk, will receive sealed

until

bids

Michigan
Bond Offering—James L. Daw¬

cial assessment bonds. Dated Sept.

the City
Legality ap¬

Ulrich,

District

Whilmore Lake School District,J

Sale—An

Minnesota

Offering—Arnold

est

000 water main improvement spe¬

interest (A-O) payable at

132 (P. O.

Bond

Note

Kenneth W.

Common School
Rochester),

County

of

as

Bond

Interest
Olmsted

July 1, 1957. Principal and inter¬

Midland, Mich.
Offering

callable

are

Ripley County School District No.
31 (P. O. Doniphan), Mo.

on

1975 inclusive.

to

District No.

Bonds due in 1963

thereafter

and

1966

Wyoming Twp. Graded Sch. Dist.
No. 7 (P.O. Grand Rapids), Mich.

40,000 Is. Due May 1, 1971.

Bond

425,000 2.80s. Due on Jan. 1 from

July 1 from 1955 to

on

1969 inclusive.

as

'

140,000 3s. Due on May 1 from

-

Due

1965 inclusive.

1956 to

the

1954,

price

a

net interest cost of about
follows:

as

$325,000 2V2S. Due on Jan. 1 from

tion, will receive sealed bids un¬

1957 to

follows:

2.73%,

Secretary of the Board of Educa¬

'/'■£ Bond Sale—The $540,000 school
bonds offered July 19—v. 180, p.
104—were

of par, a

Bond

til

of St. Paul, at

Inc., both

Twp. Sch. Dist. No. 2

(P. O. Center Line), Mich.
Offering — Aldred Lipke,

j

lows:

(397)

September

1 from

fice.

Legality approved by Cald¬

Marshall,

well,

Trimble

Mit¬

&

chell, of New York City. (The sale
was originally intended to be held
July 20—v.

on

•

New Jersey

180,

p.

106.)

p

Turnpike Authority

(P. O. New Brunswick), N. J.
Two

Bridges

Turnpike—Two

to

Connect

bridges

With

now

be¬

for the
New Jersey
figuratively
will., be
worth their weight in gold as kev

ing
built
Turnpike
links

in

will

save

ing

for

new

extensions

w^ich

precious hours of driv¬
motorists
and
truckers

alike, according to the New Jer¬

Turnpike Authority; They are the nearly two-mile

sey

54

The Commercial and Financial Chronicle

(398)

long Newark Bay Bridge, an

in¬

the Newark BayHudson County
Extension from
the Newark Airport Interchange
to Manhattan via Jersey City and
the Holland Tunnel, and the *3,500foot Delaware River Bridge, which
links the New Jersey and Penn¬
part

tegral

of

District

Fleischman,

-

Treasurer,

will receive sealed bids until 3:30

savings

July 29 for >:the
bonds. Dated
Aug. 1, 1954. Due on Aug. 1 from
1955 to 1969 inclusive.
Principal
and interest (F-A) payable at the
State Bank of Kenmore. Legality

has nothing to do

approved by O. Clyde, Joslin, at¬

sylvania Turnpikes,
The value of the bridges is in

i

to drivers and
with actual cost
construction or with potential

the

of

time

from

revenues

tolls

and

conces¬

Avenue route.

paw

on

for

torney

the

Town,

of

Tona-

wanda.

No.

1

(P.O. Limestone), N. Y.
Bond Offering—Oscar L. Beer,

President of the Board of Educa¬

tion, will receive sealed bids until
p.m. (DST) on July 28 for the

2

say

$90,000 building
bonds. Dated Aug. 1, 1954. Due
on
Aug. 1 from 1955 to 1974 in¬
clusive.
Principal
and
interest
(F-A) payable at the First Na¬

trucks will

tional Bank of

But

even

an

the

is

purchase

greater time saver
River Turnpike

Delaware

By 1957 traffic engineers

Bridge.

that nearly 10,000 cars and
zip daily over the new
link
between
the
Jersey
and
Pennsylvania Turnpikes in about
45 minutes, compared to a journey
that is presently a two-hour strug¬
gle through Philadelphia and its
at

dollar

a

hour for

an

driver's time, and without

a

includ¬

time saved by passengers, it}
as
though the two bridges
would show a saving to motorists
the
first
year
of operation of
around
$20,000,000.
This value
ing

looks

the years pass.
bondholders who are

will increase
the

For

as

LejgaL

Salamanca.

Sullivan,.Dono¬
Heenehan, of New* York

&

Bond

Cherry Valley, N. Y.
Offering—Henry S. Coats,

Village Clerk, will receive sealed
bids until 2 p.m. (DST) on Aug. 2
for the purchase of $9,500 water

interest

(M-S)

payable

the

at

concessions

the
Pennsylvania link an estimated
$2,951,000.
These estimated fig¬
1957

for

ures

show

of

an

and

$5,020,000

annual increase un¬

til

Valley.
and

Bennington

Sch. Dist. No.

(P. O. East

1

Aurora), N. Y.

Bond Offering—Mrs. Cornelia H.

Tyler, District Clerk,' will receive
sealed bids until 11 .a.m.
(DST)
on
July 27 for the purchase of
$3,660,000
school
bonds.
Dated
June 1, 1954. Due on December 1

at

Speaking of "estimated figures,"
the experience of the New Jersey
Turnpike indicates that all of its

Western

(J-D) payable
Company of
York, Buffalo. hegality approved by Wood, King &

cipal and interest

Marine Trust
New

Dawson, of New York City.

traffic estimates seem to have the

Bond Sale—The

$385,000 build¬

ing bonds offered July 21—v. 180,

202—were awarded to a group
composed of Boland, Saffin & Co.,
B. J. Van Ingen & Co., Inc., both
of New York City, and J. B. Hanauer
& Co., of Newark, as 2.40s,
at 100.23, a basis of about 2.36%.

p.

able

Due

on

1969

inclusive.

Greenburgh Union Free Sch. Dist.
No. 2

from 1955 to
Principal and in¬

August. 1

(F-A) payable at the First

(P. O. Irvington), N. Y.

Free Sch. Dist.

as

101.05,

Neck

office

National.

"

of

Bank,

Square..

j

.

a

Cheviot, ~Ohio
Offering—Conrad

.

Bond

Weitz,
will receive sealed
(EST) on July 30
tor
tne
purcnase
of
$10,923.75
street improvement bonds. Dated,
July 15, 1954. Due on December

City Auditor,
bids until

noon

.

15 from 1955 to 1964 inclusive. In¬

terest

J-D. Legality approvecb by
Warrensburg, Thurman; Chester,-*' Peck, Shaffer & Williams;'of Cin¬
cinnati. i*
v.'
.v.; ;;
J •
Creek and Johnsburg Central >. wCtay Local School District (P. O.
School District No. 1 (P.- O.' ,v.
Bladen), Ohio
Warrensburg), N.% F.< ;
'Bond Sale—The $82,659 build¬
Bond Offering—Chas. H.1 Browp.
ing bonds offered July 21—v. '180,
District Clerk, will receive sealed]
p. 106—were awarded to McDon¬
bids until 2 p.m. (DST) on July
ald & Co., of Cleveland.
\
f *
30 for the purchaser of *$190,OOu
school bonds. Dated June. 1, 1954. Felicity-Franklin Local School
Qist.
'

•

Bolton, Caldwell, H or icon, Stony

-

"

by Vandewater, Sykes,
Heckler & Galloway, of New York
approved

City. *

" ;

r

'v "

;

Middletown, N. Y.
Blond " Offering

City

Vuolo,
ceive

bids

\A

will

until

2

.

F.

Nicholas

Treasurer,

sealed

(DST)

—

re¬
p.m.

July 29 for the pur¬
$165,275 bonds, as fol¬

on
of

lows:

$65,275 public improvement bonds.
Due on Aug. 1 from 1955 to

Due
able

Aug.

The
1954.

are

dated

1,

Aug.

Principal and interest (F-A)
at

Co.,

approved

the Orange County
Middletown. Legality

Vandewater, Sykes,
of New York

by

National

Emerson

(P. O. Felicity), [Ohio
Bond Sale—The $194,000 build¬
ing bonds offered on July 1,T—v.
.

.

V

Bank, Warrensburg. Legality ap¬
by
Vandewater, . Sykes,
Heckler & Galloway, of New York

180,

City.

basis of about

CAROLINA

p. 202 — were awarded to
Fahey, Clark & Co., of Cleveland,
as -23/4s,
at a price of 101.76, a

Bond
Sale

—

180, p*

July 20—v.

awarded

were

1

The $70,000

the

to

bonds
302—
Secu¬

First

rities Corp., of Durham, at a
'of

100.10,

about

price

cost tof

interest

net

a

2.78%,

follows:

as

$10,000

fire

Heckler & Galloway,

3s.

Due

bonds

bonds *as

Park), N.

1956

Olsen,
District, will

at

(DST) on July 27 for the purchase
of $19,000 fire apparatus purchase
bonds. Dated Aug. 1, 1954. Due on
Aug.

1955 to 1964 inclu¬
interest (F-A)

from

1

sive. Principal and

payable at the Bank of New Hyde
Park. Legality approved by Reed,
Hoyt, Taylor & Washburn, of New
York City..
I

'

99.15,

1956 to

(P. O; MamaroYieck), N. Fi.
Bond Offering — George Gar-

?

funkel, President of the Board
of Education, will receive sealed
bids until 3 p.m. (DST) on July
29 for the purchase .of
$35,000
school building bonds. Dated June
1, 1954. Due on June 1 from 1955
1962 inclusive.
Principal and

to

880,000 3s.
1976 to

Herkimer, N. Y.

Central Sch. Dist. No. 6 (P. O.
Bond

Delmar), N. Y.
Bond Sale—The

$1,658,000 school

Offering

—

F.

lette, Village Treasurer, will

re¬

1954. Due
1968

June5! from

on

1957-to

inclusive.

Principal and in¬
terest (J-D) payable in New York

City. Legality approved by Mit¬
chell

&

City. V

Pershmgj^of
.•
'
_•

;•

..

F*r.'

Williamston,

Due

building bonds offered July 20—
v.
180, p. 202—were awarded to

ceive

a

group composed of Kidder, Pea& Co., Goldman, Sachs &
Co., R. W. Pressprich & Co., First
of Michigan Corp., Lee Higginson
Corp., Coffin & Burr, Gregory &

chase of $61,000 recreation bonds.

will receive sealed bids until noon

body

Dated June

July 28 for the pur¬
chase of $500,000 capital notes.
Dated Aug. 1, 1954. Due on Feb.

1

from

on

bids

July

29

1, 1954.

1955

to

until

Due

1964

2

p.m.

the

for

pur¬

on

able

Sonv Inc., and Rand & Co., all of

of

by

of 100.70,'a basis of about" 2.33%.

&

at

the

First

Herkimer.

National

Legality

Vandewater,
Galloway,

Sykes,

June

inclusive.

Principal and interest (J-D)

New York City, as 2.40s, at a price




sealed

(DST)

pay¬

Bank

aporoved
Heckler

* New York City.

ford,
(DST)

Commissioner
on

of

Finance,

1

Dec.

on

Local

School

from

V

District

,

Bond

;

until
for

r

N.

11

(EST)

a.m.

the purchase ot

Sale — The $1,600,000
disposal plant bonds of¬
20—v. -180," pV 302—

sewage

fered

July

awarded

were

inclusive.

*

-

C.

'

1954. Due

■

:
*

^

on

July

27

15.000 street

1955

extension improve¬

to

on

1964

group

com¬

Inc., Toledo; Paine, Webber/Jiackson
&
Curtis, of Chicago; /Mc¬
Donald & Co., Cleveland; Ameri¬

.

Securities Corp., New York
City; Fahey, Clark & Co., First
Cleveland Corp., both of Cleve¬
land, and Ryan, Sutherland &
Co,, of Toledo, as 2Y4S, at 100:90, a
can

.

basis of about 2.14%.

Dated

June

1,

December 1 from

r

Township, Local School
District (P. O. R. D. 2, Warren),
Ohio
Bond

Clerk
will

Offering

pf the
receive

"

;

S.

—

C.

Klbler,

Board of Education,
sealed
bids
:until

(EST) on August 2 for the
purchase
of
$148,000 - building
noon

bonds. Dated Aug. I,-1954. Due on
November
l jrom
1955
inclusive. Interest M-N.

Lucas

to

1978
>

-

County (P. O. Toledo), Ohio

Bond

Offering

Adelaide

E.

Schmidt, Clerk of the Board
County Commissioners, will

re¬

,

ceive

sealed

—

bids

until,. 10

of

a.m.

,

(EST) on Aug. 6 for the purchase
$65,140
road
improvement
bonds.
Dated Aug. 15, 1954. Due

of

Dec.

on

15

clusive.

from

1956

Principal

(J-D)

payable

to

New
Bond

at

sanitary

sewer

sold

was

Roth

&

3y4s,

basis

on

interest

the

County
<

,

Lebanon,

Sale—An

1964 in¬

and

Treasurer's office.

Ohio

issue

of

$68,200

assessment

Mav

21

to

bonds

the

Weil,

Irving Co., of Cincinnati,
at a price of 100.55, a

of

about

3.19%.

Interest

M-N.

inclusive.

and--interest
(J-D)
payable at the City Treasurer's
office. Legality approved by Peck,
Shaffer & Williams, of Cincinnati.

-1

••

Lordstown

■

bonds.

a

posed of Braun, Bosworth &; Co.,

as

avenue

to

York

r

New

Bond rOfferin£-^W/ E. Easterling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids at his Office in Raleigh,

ment

Syracuse, N. Y.
Note Offering—George H. Bed¬

4

Dec. 1 from

on

,

10,000

Gil¬

Due

.

.

Mechanicville.

Helen

Dec. 1 from

on

(P. O. Shauck), Ohio •
Bond Sale—The $36,000 build¬
Bond
Offering—W. E. Eastering bonds offered July 15—v. 180,
ling, Secretary of the Local Gov¬
p.
106, were awarded to. J. A.
ernment Commission, will receive
White
&
Co., of Cincinnati, as
sealed bids at his office in Raleigh
until 11 a.m. on July 27 for the '2%s, at a price of 101.77, a basis
of about 2.54%.
;
1" \
purchase of
$35,000 street im¬
provement bonds. Dated June 1.
; Lorain, Ohio
/ ?. ;

] No. 14 (P. O. Woodmere), N. Y.

approved by Thomas D. Nolan, of

Due

1994 inclusive.

Johnsville

■;!

Scotland

cost -of

1975 inclusive.

,

New

interest

City, N. C.

,

and

p.

-

Elm

interest
(J-D)
payable
at 'the improvement bonds. Dated June 1,
Bond Offering—Clayton L. Sea¬ County Trust Co., Mamaroneck. 1954. Due on June 1 from 1957 to
1973 inclusive. Principal and In¬
man, District Clerk, will receive Legality approved by Reed, Hoyt,
Springfield Township School Dist. sealed bids until 3:30
Taylor & Washburn, of New York terest (J-D) payable in New York
p.m. (DST)
(P. O. Springfield), N. J.
on
City. Legality approved by Reed.
V'
♦'
July 29 for the purchase of City.
Bond Sale—The $615,000 build¬
$245,000 library bonds. Dated Aug. Salem Hebron and Jackson Central Hoyt, Taylor & Wgshburn, of New
ing bonds offered July 20—v. 179,
York City.
i, 1954. Due on February 1 from
Sch. Dist. No. 1 (P. O. Salem),
p. 2857—were awarded to a group
1956 to 1984 inclusive. Principal
New York \
1
composed of Boland, Saffin & Co.,
OHIO,,
and interest (F-A) payable at the
Bond Sale—The $455,000 build¬
B. J. Van Ingen & Co., both of
Woodmere Office of the Meadow
AkrofifzOhio
New York City, J. B. Hanauer &
ing bonds offered July 22—v. 180,
Brook
National Bank,
Bond Sale—The $.1,000,000 sew¬
of Freep.
302 -r- were
awarded to the
Co., and MacBride, Miller & Co.,
port. Legality approved by Haw¬
Marine Trust Co. of Western New age disposal plant' improvement,
both of Newark, as 2%S, at a price
kins, Delafield & Wood, of New
unlimited tax bonds offered July
of 100.06, a basis of about 2.36%.
York, of Buffalo, and R. D. White
York City.
19—v. 180, p.
& Co., both of New York City,
10ff£were awarded
to a group composed of Lehman
NEW YORK
Henrietta Water District (P. O.
iointly, as 2V2S, at 100.03, a basis
Brothers, Salomon-Bros. & HutzErie Station Road, West
of about 2.49%.
*
Albany County (P. O. Albany),
ler, W. E. Huttqn'<& Co., and the
New York
Henrietta), N. Y.
Stillwater, Stillwater Fire District American Securities Corp., all- of
Bond Offering—Jacob H. HerBond Offering—Almon C. Kra¬
New York City, as 2Y4S, at a price
(P. O. Stillwater), N. Y. '
zog, County Treasurer, will re¬ mer,
Town Supervisor, will re¬
Bond Offering—John H. Brad¬ of 102.15, a basis^of about 2.04%.
ceive
sealed
bids
until
noon
ceive
sealed
bids
until
2
p.m.
:
; /
ley, District Treasurer, will re¬
(DST) on July 29 for the pur¬ (DST) on Aug. 4 for the purchase
Alliance? Ohio
ceive
sealed
bids
until .2 p.m.
chase of $1,000,000 highway bonds. of
Bond Offering ,— Karl Ayers,
$716,000 water bonds. Dated (DST) on July 30 for the pur¬
Dated May 1, 1954. Due on Nov.
Aug. 1, 1954. Due on Aug. 1 from chase of $45,000 fire house build¬ City Auditor, wiftV receive sealed
1
from
1954
to
1962
inclusive.
bids until noon (DST) on August
1955 to 1984 inclusive. Principal
ing and apparatus bonds. Dated
Principal and interest (M-N) pay¬ and interest (F-A) payable at the
3
for
the
puiScRfese of $77,900
Aug. 1, 1954. Due on February 1,
able at the State Bank of Albany. Union Trust
■
Co., Rochester. Le¬ from 1955 to 1974 inclusive. Prin¬ bonds, as follows!""'
Legality approved by Sullivan, gality approved by Vandewater,
cipal and interest (F-A) payable $67,000 street improvement bonds.
Donovan, Heenehan & Hanrahan, Sykes, Heckler &
Dated July 1, 1954. Due,'on
Galloway, of at the State Bank of Albany,
of New York City.
New York City.
December 1 ifrom 1955 to 1964
Mechanicville
Branch.
Legality
Bethlehem

180,

Hayden,

1968 inclusive.

1969 to

June

on

revenue

to

follows:

as

100,000 2%s.

and
1

inclusive;
due

works

net

a

2.99%,

■

Rye Union Free Sch. Dist. No. 1
■.

23/4S,

.

July .22—v.

awarded

$120,000 2V2S.

from 1963 to 1971 inclusive.

Oiiciiiig—Olaf W.

receive sealed bids until 3:30 p.m.

1962

to

$44,000

Y.
.

Bond

Treasurer of the Fire

1956

from

1

\

Miller & Co., and Field, Richards
& Co., both of Cleveland, jointly,

60,000 municipal building bonds:
$16,000 3s, due on June 1 from

Hempstead, Garden City
Park Water District (P. O. 2264
Jericho furnnike, New Hyde
.

June

water

offered

302—were

about

equipment

•

,

Sale—The $1,100,000 first

mortgage

to 1962 inclusive.

on

2.58%.

Jackson, Ohio

;

Elizabethtown, N. C.
Bond

offered

bonds

the

at

NORTH

clusive.

picL

1, 1955 to 1973

proved

water bonds.
Due on
1 from 1955 to 1974 in¬

100,000

June

on

Principal and interest (J-D) pay¬

1959 inclusive.

Bond Sale—The $1,245,000 build¬

ing bonds offered July 22—v. 180,
p. ,202—were awarded to a group
composed of the Harris Trust &
Savings Bank, Chicago, Bankers
Trust Co., and Wood, Struthers
& Co., both of New York City, as
2.30s. at 100.29, a basis Of about
2.27%.
Hempstead Union

Legality

National Bank, of Minoa.

Great

pay¬

Legality
ap¬
proved by Hawkins, Delafield -&
Wood, of New York City./"' ,

,11 a.m. (DST) on July
purchase of $30,000
school bonds. Dated Aug. 1, 1954;

terest

the

Franklin

Franklin

the

Cleveland,
2%s,, at a price of
basis of about 2.13%.

jointly,

July 28

on

Aug^l, 1954. Due on
from 1955 to 1971 incl.

1

at

the

Offering—Eileen

for

(DST)

Neck,

Principal and interest (F-A)

Cobler,
District Clerk, will receive sealed
29

3:30 p.m.

August

New York

Bond

Great

Road,

awarded
to, the
Savings Bank &- Trust ,
and
Field,

were

Provident

ixe- Co.,, of Cincinnati,
officej 30 Richards & Co., of

the purchase of $36,500 sewer

for

price of par.

a

...

,

until

bids at,his

View

2858,-

p.

R.

<

Monday, July 26, 1954

.

will

bonds. Dated

North

«

themselves.

Randolph Twp. Sch.. Dist. (P. O.
R. D. No. 2. Doir-r). N. J.

Valley

Clerk,

City.

Central

from 1955 to 1983 inclusive. Prin¬

"under."
Actually, the
Jersey pike is already handling
the volume of traffic predicted by
engineers for 1980. \ ?■

awarded
Bank, of

Village

ceive sealed

15—v.

(P. O. R. D. No. 3, East Syracuse),

Cherry

the

Gallaher,

Manlius Common Sch. Dist. No. 20

Trust

1980, at which time the roads
and
bridges will have paid for

prefix

2V2«, at

„

payable

Aurora

and

were

Otsego County National Bank of

Elma, Marilla, Wales, Lancaster,

tolls

Bond

apparatus
180,, p.
to the First
Moravia, as

offered July

National

Due on Sept. 1 from 1958
1976 inclusive.
Principal and

potential value of hours - saved,
traffic
engineers
estimated the
Newark Bay-Hudson County Ex¬
tension will produce a gross rev¬
from

106,

—

Thomaston, N. Y. •
Offering-^ Benton

(P. O.

fire fighting

and

bonds

1, 1954.

interested in cold cash and not the

enue

truck

Dated Sept.

improvement bonds.
to

Sale

Bond

chase

City.

environs.
Even

of

ity approved by
van

1

Y.
The $10,000 Sire

Locke), N.

bids until

Free Sch. Dist.

Carrollton Union

15,600,000 vehicles will use Jhe
Hudson County-Manhattan short¬
cut, saving from 35 minutes to an
hour and a half, depending on
traffic over the present Communi-

(DST)

p.m.

purchase of $45,000

In 1957 it is estimated that

sions,

Locke Fire Dist. No.

Brighton Fire District No. 5 (P. O.
Kenmore), N. Y.
Bond Offering — Rdswell J.

...

Richmond Heights

(P. O.

Cleveland), Ohio

Principal

Bond

Hanslik,
ceive

(DST)

Offering

Village

sealed

—

Russell

Clerk,

bids

until

will
7

.

W.
re¬

p.m.

on Aug. 9 for the purchase
$66,250.99 special assessment
Township Local School
1, 1955 and 1956.
Interest F-A.
District (P. OI Ci ncinnati), Ohio
public improvement bonds. Dated
Legality approved by Caldwell,
Marshall, Trimble & Mitchell,, of ■_ Bond Sale—The "500,000 build¬ July-1, 1954. Due on Dec. 1-from
ing bonds offered
ly 15—v. 179, 1955 to 1969 inclusive.
New York City.
Principal

Anderson

of

•

olume 180

,

Mt.

National

Bond

Squire,

Legality approved by

ceive

will

Bond Offering—Sealed bids

received

by

until

3

(CST) on July 28 for the purchase
f $1,800 building and equipment
Due in 1959.

bonds.

•'

County (P. O. Alva), Okla.

Offering—Clay

Bond

'

1965: inclusive.

I.-1963 to

»■

.■*-

free, McCulloch, Shuler & Sayre,

Sale—The

10

dormitory revenue bonds.
Dated July 1, 1954. Due on July

$70,000 build¬

1

No.

subject to prior redemption.
Principal and interest payable at

I

Sherman), Ore.

•

Sale

Bond

—

$6,000 bonds

Tne

13—v. 180, p. 203,
awarded to the United States

offered
were

July

National

Bank,

Portland,

of

District Treasurer, will

lips,

until

bids

sealed

ceive

8

re¬
p.m

on

July 1 from-1956 to 1967 inclusive;
Callable, as of July 1, ,196.4vPrin-«
cipal and interest payable at the
Medford
branch of
the United
States National Bank of

180,

interest

cost

1.

follows:

650,000

Sale—The

the

1955 to

14,000

2s; Due

1958 to

1964

May

on

,-;';

.

from

1

inclusive.^.

Interest M-N.

Marion

County School District No.

24CJ (P. O. 1309 Ferry

Street,

Offering

—

Connell

building

bonds.

as

of Sent.

1.

Portland.

Shuler

&
'_

of

&

Sale—The $6,000,000 bonds

Bond

180, p. 107—
a
syndicate
by Halsey, Stuart & Co.
Inc., New York City, as follows:

offered
were

SOUTH

CAROLINA

Spartanburg County (P. O.
Spartanburg), S. C.

July 20—v.
awarded
to

Bond Offering—R.

H. Ashmore,

the

for

purchase

of

inclusive.

Principal

Simons, of Charleston.

$1,540,000
from 1955

as

000

2s,

1976

to

Bond

bonds

Sale—The $500,000 school

offered

July

15—v.

180, p

Legality approved by Mor¬

Georgia, of Atlanta, A. M. Law &

due on Aug. 1
1984 inclusive.

from
:

«.

2s,

1955

to

due on Aug. 1
1961 inclusive;

$810,000 l%s, due on Aug. 1
1962 to 1975 inclusive;

: from
and

$486,000 2s, due on Aug.
1976 to 1984 inclusive.

Other
cate:

members of * the syndi¬
Brothers, of New

Lehman

Township Sch• Dist.

(P. O. R. D. No. 4, West Chester),

Pennsylvania
$50,000 general

obligation improvement bonds of¬
fered July
14 were awarded to

Blair, Rollins & Co., of Philadel¬
phia, as 2!/4S, at a price of 100.31.
PUERTO
Puerto Rico

RICO

(Commonwealth of)

Oil Production Forecast — By
the end
of
1955 the Common¬
wealth—without a single oil re¬
finery at the start of this year—
will be

producing

000 barrels

more

than 30,-

of refined oil daily.

spot where U. S. troops landed in

bids

sealed

until

noon

barrels

daily

by the

end of

1955.

Together, the refineries

—

be¬

the

pur¬

River

longing to the Commonwealth Oil
Refining Co., and the Caribbean

reve¬

Refining Co.—will add more than

River

500 jobs

(DST)
Port
nue

dn

29

July

Authority
bonds

first

for

series

(Delaware

form. Dated
May 15, 1953 and due on Dec. 15,

Bridges), in
1983.
j

Bids

coupon

must

be

addressed

to

the Bank in care of Rex T. Wyre,

and nearly $2,000,000 in
to the Puerto Rican
Since 1948 some 336
new
plants have provided

annual wages
economy.

other

nearly 55,000 jobs at annual sal¬
aries in excess of

$22,000,000.

1

from

& Bockius, of Phila¬

Eond Sale—The

from

1,800,000 school bonds at a price
of 100.04, a net interest cost
of about 1.88%, as follows:
$504,000

Spartanburg County Sch. Dists.
(P. O. Spartanburg), S. C. -

$1,400,000

l%s, due on Aug. 1 from 1966
to 1975 inclusive; and $1,260,-

and

Bank, New York City. Legality
approved by Sinkler, Gibbs &

follows:

1.90%,

$250,000

payable at The Hanover

price of 100.05, a
cost
of about

to

Due on Aug. 1 from 1955

1970

interest

a

interest

2s, due on Aug. 1
1965 inclusive;

County Clerk, will receive sealed
bids until 11 a.m. (EST) on Aug.
12

at

bonds
net

improvement

general

$4,200,000

to

West Bradford

j

(<*

Memphis, Tenn.

1898, will be ready to turn out 22,-

ww*jj|*I j Secretary of the Retirement Fund,




Stroud

chase of 58,000,000 Delaware

1959. Prin¬

Sayre,

of

000

of

receive

Dated

cipal and interest (M-S) payable
at the County Treasurer's office.
Legality approved
by Winfree

McCulloch,

Bank

the Common¬
Pennsylvania
School

Employees' Retirement Fund, will

Sept. 1, 1954. Due on Sept. 1 from
1955 to 1974 inclusive. Bonds are
callable

composed

wealth

August 10 for the purchase of

$780,000

Providence, at 0.72%.

to

Trust Co., agent for

C.

Ward, District Clerk, will receive
sealed bids until 7:30 p.m. (PST)
on

National

Mellon

—The

Salem), Ore.
Bond

discount, and-, $500,000 to
Island Hospital Trust Co..

purchase of

Interest J-J.

of July 1, 1964.

as

rectors,

1 from
v.

Rhode

the

Two new refineries costing a
of the Board pf Di¬ total of some
$36,000,000 going up
will receive sealed bids at
Catano, across the bay from
until 8 p.m. (DST) on August 11
San Juan, and at Guayanilla, on
for the purchase of $200,000 school
the south coast, will handle the
bonds. Dated Sept. 1, 1954. Due on
production. The Catano installa¬
September 1 from 1956 to 1970
tion,
costing
$11,000,000
and
inclusive. Interest M-S. Legality
scheduled
for
completion
next
approved by Burgwin, Perry &
spring will refine about 10,000
Pohl, of Pittsburgh.
barrels
a
day.
The Guayanilla
Delaware River Port Authority, Pa. unit,
a
$25,000,000 property lo¬
Block of Bonds Offered for Sale
cated less than 10 miles from the

was

Due on May
1957 inclusive,

0.74%

for

6

Aug.

Chester

of

until

$100,000 sewer bonds. Dated July
1, 1954. Due on July 1 from 1956
to 1971 inclusive.
Bonds due in
1965 and thereafter are callable

Secretary

sold; on
May 18 to the First National Bank,
of Portland, as follows:-; 'f'TS (:
$4,764 2%s.

$1,000,000 notes

107, were awarded to a group
composed of the Trust Co. of

Lewis
delphia.

to

Maple Avenue, Edgewood,
Pittsburgh 18), Pa.
Bond Offering — J. G. Quick,

issue of $18,764

Sale—An

Bond

improvement bonds

awarded

Edgewood School District (P. O.

Lebanon, Ore >J:X

V'

204—were
National
Bank
p.

bids

rate' ol

Due on Aug. 1 from
1984 inclusive.
Interest

gan,

gen¬

Valley, of Coatesville, as 2V4S, at
101.07, a basis of about 2.12%.

at

payable

bonds

the

July 21—v. 180, p. 303—
were sold as follows:
$500,000 tc
First National Bank of Boston at

1, 1954.

gen¬

303—were awardec

p.

group

water improve¬
offered July 21 —

the
County Treasurer's office.* Legal¬
ity aporoved by Winfree, McCul
loch, Shuler & Sayre, of Portland.
(F-A)

a

180,

obligation

180,

v.

at

1956

Pa.

$125,000

eral

ment

$400,000

Aug. 1, 1954.

Aug. 1 from

on

(PST) on July 26 for
the purchase of $10,000 building
bonds. Due on Aug. 1 from 1955
to
1964 inclusive. Principal and
until 8 p.m.

interest

Sale—The

plegate & Humphrey, Inc., both
Pittsburgh, as 2%s, at 100.10,
a
basis of
about 2.11%.
Dated

inclusive.

Coatesville,
Bond

Treasurer will receive sealed

a

of

Due on Aug. 1 from

1971

to

2s, at

Co., Philadelphia, S. K. Cun¬
ningham & Co., and Hulme, Ap-

,

2s. Due

sealed

8 pun.

&

1972 to 1984 inclusive.

County
bids

The

to

400,000 IV2S. Due on Aug. 1 from
1960 to 1967 inclusive.
1968

—

21—v.

1955 to 1959 inclusive.

Sch. Dist. No. 177
(P. O. Culp Creek), Ore.

Offering—Anna A. Zuhr,

receive

will

F-A.

.-v,

200,000 l%s.

as

eral obligation bonds offered July

$250,000 13/4S. Due on Aug. 1 from

Portland.

price
basis of about 1.59%.

Upper Darby,

Springfield Township (P. O.
Springfield), Pa. -

price of par, a net
of about 1.87%, as

a

;

Clerk of the Board of Education,

series "O" road bonds. Dated Aup

p.

group

delphia, at

Lane County

Offering

$1,500,000 im¬

204—were awarded to
composed of the First
Boston
Corp.,
Merrill
Lynch
Pierce, Fenner & Beane, both of
New
York
City, Stokes & Co.,
and Harrison & Co., both of Phila¬
a

Portland.

Bond

of

Bond

by Winfree,
& Sayre, of

Legality approved
McCulloch, Shuler

180, p. 204—were awarded to
Upper Darby National Bank,

—v.

PENNSYLVANIA

Allentown, Pa.

Note Sale—The

$20,000 im¬
provement bonds offered July 19

loch, Shuler & Sayre, of Portland

—v.

July 30 for' the pur¬
chase of $57,750 general obligation
bonds. Dated July 1, 1954. Due on
(PST)

Port¬

provement bonds offered July 20

Offering—James A. Phil¬

Bond

'

"

South Dakota

offered

Sal e—The

Bond

ity approved by Winfree, McCul¬

Sale—The

•;

headed

of 102.13, a

Bond

5

Independent School City,

Bond

Pawtucketi R. I.

Sharon Hills School District, Pa.

as

Kings Highway Water District
(P. O. Medford), Ore.
J

Lead

2.14%.

the

/

No.

'

SOUTH DAKOTA

on

Co., Dolphin & Co., both
of Philadelphia, and Johnson &
Johnson, of Pittsburgh, as 2V4S, at
a price of 100.82, a basis of about

land, or at the Marine Midland
Trust Co., New York City. Legal¬

2%s, at a price of par.

3

'

"

bonds.

gen¬

Stroud &

inclusive.

the First National Bank of

1

No.

Schook District

250,000

RHODE ISLAND

$253,000

judgment funding bonds offered
July 21 — v. 180, p. 303 — were
awarded to a group composed of

in 1964 and thereafter

are

Black Butte Sch.
(P. O. Camp

41

1993

to

1956

from

Bonds due

basis of about 2.18%.

Dist.

Aug. 3 for the

on

empt

Co., of Portland, as 2%s, at 100.20,

Jefferson County,

until

purchase of $230,000 non tax-ex¬

ing bonds offered Juiy <J<J
P. AOU,
p. 302—were awarded to Blyth &
a

(PST)

a.m.

bonds.

agree¬

Bank
for
Puerto
as
agent
for
the

will be

Interest

obligation improvement and

eral

Ca¬

F.

Portland,

of

Bank

tional

County School District
No. UH-13 (P. O. Reedsport), ,
Oregon

Bond

Oregon
Offering—Henry

Delaware
Bonds as

School

(CST)/on July 28 for the: I
made. Subsequent borrowing _bi
purchase
of $225,000
building»
amounts, of $1,000,000 each may be
aopds. Dated July 1, 1954. Due on
entered into at any time over the
July 1 from 1956 to 1965 inclu-■
following six months, with thej sive. Principal and interest (J-J)
maturity date of the note set as payable at any suitable bank or
June 30, 1955.,
;rust company to be designated

Pa.

Sale—The

Bond

ed

Qouglas

acted

No.

District

bonds.

150,000

Authority.

Portland),

bell, President, will receive seal¬
bids in care of the First Na¬

of Portland.

an

District

School

$100,000

has

by the successful bidder. Legality
2% annually on the amount oi
approved by Faegre & Benson, of
Fund,, is
he
loan
outstanding
on
each Minneapolis.
offering for sale on. July 29? a
monthly interest payment date,
alock
of
$8,000,000,; Delaware
TENNESSEE
beginning Aug. 1,;1954,
River Port Authority 3 V2 % first
Proceeds of the borrowing will
series revenue bonds, dated. May
Bristol, Tenn.
,
be* applied to payment
of the
15, 1953 and due on Dec. 15, 1983.
Bond
Offering — Albert • W.
capital improvements program 0
(See item under "Delaware River
the Puerto Rico Water Resources Stone, City Recorder, will receive;
Port Authority.")
sealed bids until 10:30 a.m. (EST)
Scranton,

Reed College XP> O.
Bond

ton, as follows:

Retirement

Employees'

-

,:<•

par.

"

Authority

"provided through

Rico

as agent for the Com¬
monwealth of Pennsylvania School:

ry.-vl80, p. 203, were awarded to
(PST) on July 26 for
-the Douglas County State Bank,
purchase of $240,000 school
bonds.
Dated Aug. 1,; 1954. -Due of Roseburg, as 23/4S, at a price of

Legality approved by Win-

Resources

Development

&; Trust Co.,

the

office.

—

ment with the National City Bank
of New York. The
Government

Agent—The Mellon National Bank

until 8 p.m.

payable at the County Treasurer's

been

Trust Coo

$8,000,000
Authority

Offering
River Port

—

i

Water

(TV O. Pittsburgh), Pa.

1 (P. o: Box 792, *:. . yNorth Roseburg Sanitary District
Canby), Ores ;.
/ (P. O. Roseburg), Ore.
Bond Sale
The $121,412 im¬
Bond Offering—Sealed bids will
provement bonds offered July 15
be received by the District Clerk

Aug, I from 1956 to 1965 inclu¬
sive. Principal and interest (F-A)

Beefch^

1954. Due on

Mellon National Bank

,

op,

Financing Arranged

$10,000,000 for the Puerto Rico

1

T

Dist. No.

J.

of

Keesport.

$500,000 build-

U^

■

ford & Co., of Columbia, and
Huger, Barnwell & Co., of Charles-

Legality approved' by rate of $1,000,000 monthly begin¬
p- T>~U1
offered July 20—v. 180, j Burgwin, Ruf^w Perry & Pohl, ning;; in July, 1954, until/a mini¬
Burgwin, Ruffirr,
of Pittsburgh.
mum loan
of $5,000,000 has been
were
awarded to the nf T>i++chnrcrh

1

Clpckamus County Union High Sch.

Co., of Spartanburg, G. H. Craw-

Aug. 1 from 1956 to 1965 inclusive.
:Authority in negotiating the loan.
Principal and interest payable at
Under terms of the agreement
the First National Bank of Mchn Authority will borrow at the

Cierk, will receive
United States National Bank, and
sealed bids until 2 p.m. (CST) on
Blyth & Co.,. both of Portland,
July 28 for the purchase of $495,~
jointly,'; at 100.18, a net/interest
000 court house and jail .bonds.
cost of about 1.87%, as follows:
Dqe, serially from 1957 to 1969
inclusive; / "
,
> - $338,000 l%s. Due on Jan. 1 .from
£ l :J; 1956 to-1962 inclusive.
OREGON
162,000 2s.; Due on Jan. 1 from
County

row,

Au-

Temporary financing to the extent

improvement

obligation

bonds. Dated Aug. 1,

County Sch. Dist-. No. 3

Bond Sale—The

ing bonds
pj
203 —-

Mur-

D.

Interim

Aug. 3 for the purchase of $40,000

general

Resources

Puerto Rico

.

will receive
(DST); on

Secretary,

Water

Rico

thority (P. O. San Juan),

sealed bids until 8 p.m.

(P. O. Parkrose), Ore,

.

-

Woods

Borough

July

.Aultnomah

Puerto

Hawkins,

by

Bond Offering—Betty L.

interest

and

p.rm

Building,

Liberty, Pa.

1, 1959. Principal
(J-J) payable at the
City Treasurer's office.
after

date

the Clerk of the

Education

of

oard

p.m.

January 1 from 1955 to 1975 incl.
Callable on any interest payment

(P. O. Norman), Okla.

ist. No. 69

&

of

County Dependent- Sch.

leveland

8

until

bids

sealed

Education

Delafiela
Wood, of New York City.

approved

(PST) on July 26 for the purchase
$100,000
general
obligation
oonds. Dated July 1, 1954. Due on

OKLAHOMA

536^

harrisburg, Pa; legality oi bonas

F.

Edward

—

Scnaecher, City Recorder, will re¬

of Cleveland.

anders & Dempsey,

Room

Angel, Ore.

uttering

55

(399)

Chronicle

The Commercial and Financial

.

.

(J-D) payable at the
Bank of Cleve-

d interest

entral
and.

Number 5345

*

i

i

56

The Commercial and Financial Chronicle

(400)

York, Continental Illinois Nation¬
al Bank & Trust Co., of Chicago,
Blair, Rollins & Co., Inc., Stone &
Webster Securities Corp., Union
Securities Corp., White, Weld &
Co.,
Hemphill,
Noyes
& - Co.,
Paine, Webber, Jackson & Curtis,
Kean, Taylor & Co., R. S. Dick¬
son & Co., Bacon Stevenson" & Co.,
Geo. B. Gibbons & Co., Inc., all
of New York, Heller, Bruce & Co.,
-of San Francisco, Scherck, Richfcer Co., of St. Louis, and the MidSouth Securities Co., of Memphis.
Nashville, Tenn.
Bond

tory
fered

Sale—The

$500,000

Vic¬

Memorial Bridge bonds of¬
July 20—v. 179, p. 2756—
awarded

were

to

a

group

com¬

Bankers Trust Co.,
City, Braun, Bosworth
& Co., Inc., Toledo, and the Third
National Bank of Nashville,
as

Rockdale

house bonds

2Y2S.

'

$200,000 13/4S. Due

on

1967 to 1972 inclusive.

295,000 3s. Due on May 15 from
The

.200,000 l%s. Due

bonds

.

"' *:1

1

•

''

■

'

■

on

•

'

1,

Aug.

Newport News, Va.

April 1 from

Lehman

Brothers, Blair,
& Co., Inc., Hornblower &
F. S. Smithers & Co., all
York City; C. F. Cassell

1969.

of

Rollins
Weeks,
of New
& Co.,

Charlottesv|lle;

Strudwick,

of about

of Dallas.

2.12%.
WASHINGTON

school

house bonds

$340,000

sold to

was

a

Cowlitz

Woodland School
District No. 404 (P. O. Kelso),

County,

(P. O. Del Rio),

Texas

Offering—Gertrude

County

ers,

Treasurer,

sealed

bids

until

(PST) on Aug. 11 for the purchase
of $800,000 general obligation
school bonds.

$100,000 Due

Dated July 15, 1954.
July 15 from 1955 to 1973

on

,

mm

TEXAS

after

Bellevue, Tex.
Bond

of

as

July

Keller

to

J-J.

4V2S, at

as

Additional

Sale

An

—

issue

of

Salt

Lake

County, Salt Lake City
Suburban Sanitary District (P\. O.

on

for the
bonds, as

Aug.

11

general
obligation
bonds. Due serially in from
1
to 35 years.
Optional in

2,100,000

(P. O. San Antonio),
Texas

•

Bond Sale—An issue of
house

-court

and

$281,000
refunding

jail

10

fconds was sold to the First South¬

years.

Copies

offering

the official

of

west

Company, of Dallas, as l%s statement will be available about
and l%s.
Dated April 10, 1954. July 30 and may be obtained from
Due from 1955 to 1960 inclusive. Robert E. Schweser Co., 208 South
JLegality
approved
by
Dumas, 19th St., Omaha 2, or from WacHuguenin & Boothman, of Dallas. tmb-wpp'W Corp., 212 South 17th
Harrouzett Independent

Seh. Dist.

St., Omaha 2.

Texas

«

bonds

house

C. N. Burt &
.'H*-

if

sold

was

to

road bonds

sold to the Eddle-

was

cnan-Pollok Company, of Houston,

2%s and

as

4954.

2Y2S.

Dated May

Due from 1955 to 1964.

gality

1,

Le¬

Hu-guenin & Boothman, of Dallas.
approved

by

Dumas,

Sale—An

$100,drainage improve¬
ment bonds was awarded on July
the

to

Columbian

Corp. of Texas,

Securities

of San Antonio.

Dated Aug. 1, 1954. Due on Aug. 1
Xrom 1956 to 1977 inclusive. The
l*ofids

callable

Aug. 1,
.1969. Interest F-A.
Legality ap-proved by Gibson & Gibson, of
are

on

Austin.
Hardin Indep. Sch. Dist., Texas
Bond Sale—An issue of $75,000
school bonds was sold to Raus-

cher, Pierce & Co., of Dallas. Due
on February 15 from 1955 to 1966
inclusive.

Orange County (P. O. Orange),
Texas

Offering

Grooms,
ceive

—

Charlie

County Judge, will

sealed

bids

until

2

G.
re¬

p.m.

-(CST) on July 28 for the purchase
of $1,250,000 hospital bonds. Due
on
August 1 from 1955 to 1980
inclusive.
any

Bonds

are

callable

interest' payment

date

on

15

years from the date of issue. Legal

opinion of
torney

County.

will

a

recognized bond
be

until

furnished
y




noon

to

on

1974

interest
First

inclusive.

(F-A)

National

of

Bank

at¬

by the

: ] 5:

Bank

of

St.

Louis, and Baxter, Williams &
Co., New York City, as 1Y2S, at~a
price of 100.39, a basis of about
1.45%,
VIRGINIA

Held

A

—

public information meeting re¬
garding the forthcoming sale of
$10,000,000 sewer bonds was held
at the office of Lehman Brothers,
One William St., New York City,
on
July 20.
Carlton C. Massey, County Man¬
ager and representatives of Alex¬
ander Potter Associates, Consult¬
ing Engineers, and Hawkins, Delafield and Wood, Bond Counsel,
were among those present.
Ther bonds will be offered at

to - be

held

Will

|954. Dated Aug. 1,1954.

Bond

sealed

Principal and

Wash.

Offering—C. A. Gaisford,
of Finance, will receive

in the Board Room,
Bldg., Tacoma, until 2
p.m.. (PST)
on Aug. 18 for the
purchase of $2,000,000 special ob¬
ligation water bonds of 1954, as

July

a

28

and July

1

series

of Jan.

will

maturing
1, 1968.

to

Offering

(CST)

Aug.

on

Gerald

—

bonds.

for

11

1954.

Due

the

fiscal

waukee.

1,

of the State

from

1

Due

to

1978

in¬

will

be

for

1960; and (2) bonds

1965 and thereafter being

&

Tallmadge, of Denver.
County Sch. Dist. No. 9
(P. O. Osage), Wyo.

Bohd Sale—The $125,000 build¬
ing bonds offered July 17—v. 180,
p. 204—were awarded to Carroll,
Kirchner &

Jacquith, of Denver.

Board of Governors of the Fed. Reserve
BUSINESS
1947-49

County Sch. Dist.

bonds offered July 14—v. 179, p.
2860—were awarded to the Insti¬

tutional. Investment Company, of
Fond du Lac, as 2%s, at a price
of 100.05, a basis of about 2.73%.

Metropolitan Sewerage
jjtx 247, Green Bay),

,

National

-—1954—

Unadjusted

1953

—1954—

May

June

June

May

*124

124

136

*124

123

13®

*126

126i

138

*125

124

13®

*135

135

154

*135

136

15®

*116

116

121

*115

112

121

*111

111

119

*113

111

120'

*118

119

134

*116

116

131

*128

130

147

*126

136

145

153

142

*123

120

139

*112

110

*95

93

103

*93

92

-1953
June-

Industrial production—
Manufactures—

Total
Durable

Nondurable

,

-

-

minerals

JConsumer durable goods—
Total

Major

durables

consumer

Autos

—

Household
durables

Other consumer

Construction contracts,

value—

126
•

144

146

166.
126.
*

101

•'

Total

19T

234

X

All other

—

193

169

X

t

216

174

X

257

192

X

Residential

178

166

X

219

201

i

Employment and payrolls—r

110.2

114.3

*110.0

109.6

114.2

*101.6

102.3

114.3

*100.5

100.6

113.1

*107.6

106.6

125.3

*107.1

108.0

124.®

*94.6

95.0

101.5

*110.1

Nonagricultural empl., total
Manufg. production workers—
Employment, total
Durable

Nondurable

Payrolls, total
Freight carloadings—
Department store sales, value—

84

§ Detailed

indexes

Reserve

Bulletin

shown on

are

for

84

tll3
X

Department store stocks, value.

eral

„

,

-

May

page

1954,

*108
121

>

*92.7

115
128

91.8

99.4

tl36.0
87
tl07
X

97

134.4

153.®
101
108
123

86

106
126

438-452.

For description see Fed-**Preliminary. ~ tEstimated. tNot;

based

3-month

of this release.

5

pp.

available.

■
,

NOTE—Construction

contract

indexes

moving averages, cen¬
Dodge data for 37 Eastern States. The unadjustetf
indexes of employment and payrolls are compiled by or based on data of the Bureaw
tered

second

at

Labor

month,

of

F.

,

on

W.

Statistics.

-

INDUSTRIAL

k.

.

'

PRODUCTION

•

.

V

.

I

*

1954

•

Durable Manufactures:.

Primary metals
Metal fabricating

*June

_;

June-

168

111
147

108
148.

139

122

121

13®
16®
139*

137

121

-

137

161..-

137

124

124

168

;

May

147

122

1953

——1954

*June

June

106

146

139

Electrical

144

125

159

.161

15®

126

194

-

138

14®

V

184

Transportation equipment——

170

163
175

175

177

193

Instruments'

;

137

138

157

137

138

15T

120

125

124

124

127

12®

X
X

130
121

134

X

130

114

i

124

13®
12®

118

118

135

114

114

131

103

122

100

99

117"

129

145

124

125

14®

99

95

114

t

93

111

t

96

11T
11®

Clay,

glass & lumber products.
Stone, clay & glass products.
Lumber and

Furniture

products—

and

miscellaneous

Furniture and

fixtures
manufactures.,

,

104

Miscellaneous

128

Nondurable

Textile

.

.

188
<

?

Manufactures:

Textiles and

apparel
products

leather products

and

99

113

X

94

111

X

104

115

103

102

113

102

X

mill

Leather and products
Paper and printing
:
Paper and allied products—__

112

130

t

98

-

99.

110

131.

X

94

99

t

89

126

126

126

125

126

97
12®

X

137

134

X

134

134

12®
142
14®
131
10®

Printing and publishing
and petroleum prods.

121

119

121

120

121

141

140

145

138

138

Chemicals

148

147

150

144

144
120
103

Chemicals

and

Petroleum

and

allied prods
coal products.

Food, beverages and tobacco
.

.

!

Unadjusted

1953

May

109

Machinery
Nonelectrical

'

(1947-49 average=100)

i

Food and

Tobacco

122

122

122

131

-

manufactures

108

109

106

1C9

110

106

x

t

103

t

112

beverage manulac..

112

119

111

111

"

111

I

104

'

10®

X

110

111

11T"

Minerals:

Mineral fuels

64

—

Crude oil and natural gas
Metal, stone and earth min

65

86

63

62

81

134

134

134

134

134

109

106

121

122

116

134T
136-

(not the North¬

Trust Co.) was associated with

*J

average=100

June

Coal

Wisconsin

System

INDEXES

Seasonally Adjusted

traixriranrnuTd; ITi i

Rubber

No. 1 (P. O. Fond du Lac), Wis.
Bond Sale—The $50,000 school

First

1, 1954.
bids

1955

Alternate

as of June 1, 1964. Prin¬
cipal and interest (J-D) payable
at, the City, Treasurer's office*
Legality approved by Tallmadge

other investment

Rubber products

Bank of Chicago

June

Weston

Apparel and allied products—

WISCONSIN

ern

purchase of $1,; extension

works
June

callable

v

Co. and

&

gan

the

water
Dated

due in

—Representatives of Glore, For-

as

All of the bonds

Correction—The

for

9

of June 1,

as

Financing Procedure Discussed

1968

callable

Washington in New York City.
Legality to be approved by Wood,
King & Dawson, of New York
City.

Green Bay
Dist. (P. O

receive

will

(1) bonds due in
1961 and thereafter being callable

(P. O. Milwaukee), Wis.

of

Fond du Lac

Clerk,

Seasonally Adjusted

July

agency

City

considered

pur¬

Sept. 1 from 1956
to 1974 inclusive. Principal and
interest
(M-S) payable : at the
American
Exchange
Bank
of
Madison.
Legality approved by
Lines, Spooner & Quarles, of Mil¬

be dated

the

F.

on

Due

Setft. 1, 1954. Prin¬
cipal and interest (J-J) payable
at the City Treasurer's office, or
at

Aug.

chase of $750,000 general obliga¬
tion school bonds. Dated Sept. 1,

1963

be

%

Offering—Flo M. Walter-

500,000

and auction bids at 7 p.m.

Fabricated metal products

thereafter

Bond

scheid,

v

sive.
Bonds

<

Cheyenne, Wyo.

on

of

semi-annually from July 1,
1969 to July
1, 1973 inclu¬

and

quali*

fully

WYOMING

and

on

1 from

B

bankers

bonds.

(Village)

to 1968 inclusive.

1,000,000

it
of

assistance

and

sealed bids until 2 p.m. (MST) on

bids

Utilities

Jan.

As part of its study

investment

clusive.

* (F-A)
payable
at
the
County Treasurer's office. Legal¬
ity approved by Preston, Thor¬
grimson & Horowitz, of Seattle.

Director

the

on

Minnesota

the

fied in this field.

Wilke, District Clerk, will receive

interest

Tacoma,

point

a

to

sought the aid

sealed

on Aug, 1 from 1956 to 1974
inclusive. Callable after five years

.'

man¬

Blooming
(Town) Union High School
District (P. O. Monona), Wis.

Due

from date of issue.

from

border

state line.

Grove

B.

Ellis,
County Treasurer,
will receive
sealed bids until 2 p.m. (PST) on
July 29 for the purchase of $450,000 general obligation bonds, se¬
ries A of

and

in

Skagit County, Anacortes Sch. Dist.
No. 321 (P. O. Mount Vernon),
Washington
—

Illinois

Legality approved by Chap¬
Cutler, of Chicago.

Total

Fairfax County (P.O. Fairfax), Va.

public sale

due

office.
Legality ap¬
Preston, Thorgrimson
& Horowitz, of Seattle.

Offering

Wisconsin

1955

&

Monona

advisors

financing programs.
was appointed
the last Wisconsin legis¬

bank or trust company designated
by the bidder and mutually satis¬
factory to the Board of Supervi¬

callable

by

Bond

fiscal

of

lature to study the feasibility of
constructing a toll road through

Principal and
(F-A)
payable at the
County Treasurer's office, or at
the option of the holder at such

at

(State of)
B o n d
Sale — The $3,000,000
school building bonds
offered
July 20—v.
180,
p.
304—were
awarded to a group composed of
the Union Securities Corp., Lee
Higginson Corp., Aubrey G. Lanston & Co., all of New York City;
National

1,
1956

Treasurer's

proved

toll

during

inclusive.

time up to and including
Aug. 1, 1957. Principal and inter¬
est
(F-A) payable at the City

Vermont

Boatmen's

are

from

1

any

,

*

Bonds

thereafter

Aug.

from

1

Aug.

on

July 14 on methods
road financing
and the

The Commission

interest

bids

and follows:
the
$1,000,000 series A bonds. Due
Boston.

Principal

payable

Information Meeting

1

Bond

bids

Aug. 4 for the pur¬
chase of $150,000 Pleasant Valley
Reservior bonds.
Dated Aug. 1,
1954.
Due on Aug. 1 from 1955

(EST)

of

issue

•GO0 street and

.€9

sealed

ceive

Legality approved by Ropes, Gray,
Best, Coolidge & Rug!g, of Boston.

Ganado, Texas
Bond

ardson, Town Treasurer, will re¬

Aug.

on

of

role

Wisconsin Toll Road Commission

sealed

Dated

inclusive.

and

..

Bond Offering—Errol W. Rich¬

Sale—An issue of $25,000

Due

1968

to

E. Law, City

receive

bonds.

Due

1964

1962

Brattleboro, Vt.

Co., of Dallas.

Fart Bend County Road District
IV*. 7 (P. O. Richmond), Texas
Bond

^

VERMONT

Bond Sale—An issue of $100,000
.school

1954.

will receive sealed bids until 11:30

(MST)

will

obligation
to

$30,000 water works general ob¬ n«"Thase of $8,100,000
ligation bonds was sold to Keller follows:
tc Ratliff, of Fort Worth, as 4V2S,
$6,000,000 sewer revenue bonds.
at a price of par. Dated June 1,
Due serially in from 8 to 40
1954. Due from 1955 to 1974 inclu¬
years.
Optional from earn¬
sive. Legality approved by Dumas,
ings in from 5 to 9 years and
Huguenin & Boothman, of Dallas.
from any source in 10 years.
Bexar County

Clerk,

at

Bond Offering

a.m.

1954.

Road

Toll

Wisconsin

Commission

County Clerk, will receive sealed
bids until 10 a.m. on Aug. 16 for
the purchase of $505,000 county
building bonds.
Dated Aug.
1,

Wash.

Bond Offering—J.

City), Utah
— The District

Salt Lake

Angeles,

until 5 p.m. (PST) on Aug. 5 for
the purchase of $65,000 general

UTAH

&

Ratliff, of Fort
a price of par.
Dated June
1, 1954. Due from
1956
to
1969
inclusive. Legality
approved by Dumas, Huguenin &
Boothman, of Dallas.
Worth,

Port

1,

1, 1954. Interest

works

water

sold

callable

are

there¬

and

1960

Dated July

1959.

Sale—An issue of $25,000
revenue
bonds was

in

agers in

re¬
a.m.

improvement bonds was sold inclusive. Callable after 10
years
to the Republic National Bank, of
from date of issue. Principal and
and sewer revenue bonds offered Dallas, as follows:
interest
(J-J)
payable
at
the
-July 19 — v. 180, p. 107 — w6re' $90,000 iy*s. Due on Jan. 1 from County Treasurer's office. Legal¬
1955 to 1963 inclusive.
.awarded to C. H. Little & Co., of
ity approved by Preston, ThorJackson.
.Iu
10,000 l%s. Due on Jan. 1, 1964.
grimson & Horowitz, of Seattle.
due

Lincoln County (P.O. Merrill), Wis.
Bond Offering—Etta N. Brandt,

the

before

Bond

road

Bonds

banking firms made presentations

Riv¬

will
11

Monday, July 26, 1954

.

Becker & Co., Chicago, in
purchase on July 15 of $700,000 secondary sewerage treatment
bonds as l%s, at 100.27, a basis of
about 1.73%.—v. 180, p. 304.

Washington
Bond

ceive

Worth.

-

G.

the

man

Texas
Bond Sale—An issue of

A.

sors.

Stratford Independent Sch. Dist.

Bond Sale—An issue of

•'

.

c

$2,500,000 water
bonds
offered
July
19—v.
180,
p. 204—were awarded to a group
composed of Halsey, Stuart & Co.,

Anderson
&
Richmond;
AuchinPrincipal and interest (M-N) pay¬ closs, Parker & Redpath, of New
able at the Rockdale State Bank, York City, and the Peoples Na¬
Rockdale. Legality approved by tional Bank of Charlottesville, as
Dumas, Hueguenin & Boothman, 2.15s, at a price of 100.24, a basis
of May 15,

as

Val Verde County

South Pittsburg, Tenn.
Bond Sale—The $328,000 water

v

dated

are

1954. Callable

1968 to 1975 inclusive.
'

•

inclusive.

1986

1973 to

Fort

inclusive.

1967

15,

composed of C. N. Burt &
Co., of Dallas, W. N. Edwards &
Co., and Keller & Ratliff, both of

1955 to 1963 inclusive.

to

May

on

85,000 2%s. Due on May 15 from

this financing.

Bond Sale—The

group

April 1 from

100,000 IV2S. Due on April 1 from
1964

Due

from 1955 to 1966 inclusive.
:

New York

follows:

of

Co.,

follows:

as

$128,000

of the

posed

Securities

Southwestern

Dallas,

$508,000 school

as

the county for

awarded to the

were

304. Lehman Brothers
financial advisors to

p.

acting

are

Texas
Bond Sale—The

180,

—v.

Independent Sch. Dist.

..

.

♦Preliminary.

tNot available.

;

u

...

:

-

fl LMii

,

-

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