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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 - -"25 ¥2- 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 -i "' - 1,300- ;■ v 6 ¥4 - 47,100, ?; . ,513/8 " .8Vb -2,300 613/4 »••' >-63/a- 76 74%. 12 % 513% 6¥s . 25,500-; 5%i ■ 124 %■: 124% .52 e%" , •'12% 1233/4 5134 i 5% 12% . 123 t.i 6% " 5¥a 60 %> . S. 511/4 ; 33% - ; 33»/4 51 ¥v 23¥4 *23% *434 Xl0% 12% 123/8 80 27 33 ¥1 4 44 y«- 26 >. 1,600 - j - 44-. 44% : >.•' 123/a 12% l9¥a' 37 ¥s 26 V* 263/4 32 32 - ■36 " *32 3/4 4 46 4 20% 45% 1 101% *100 101% 7 ¥b ■>' 7% 7¥a -21 16'/a 1 37% 38¥b 5 13% 13% 5 10 100 10 447/b 45 ¥4 92 ¥4 92 ¥4 V ' ' 56%* 59 ¥ar 3 7 ¥3 : ■ 101 % -100% 73/4 ■ - 5,300" 5,400 11,500 • 1,900 " 58 ¥8 2,000 32,900 ' 240 ' 7% 573/4 1,100 : 101% 4,500 7 3/a 58 ¥a 58% 36,300 2,700 16% "v. * * 16% 161/s 16% 38 38 ¥a 38 3/s 383/a 13% 16%.' ,16% 37% 38 - 16% 373/4 - 1 300 2,500 • 361% 26 ¥4 333/4 •21% ■' 7% *lu0 7% 58% 7 ¥a' 230 225 225 ♦ 101 «/4 *100 . 73/4' 58¥b 16% 16 223 13,000 . 45'% X- *45*' 21% v 203/4 " 223 223 223 225: 7 263/g - ' ' 44¥a 44¥s- 36% ». ; 1 7,6004: ' * IO1/2'. -1238 ,:. 12% ¥ 960 54 24 12=% ■:*■ w 53 % *23% 53 ¥4 -10% 26¥a 1,300 1 34"%'.: 3434 : 24 10% 373/8 ♦ - 193/4* 99 10 Vr 32¥8V 33 v • 81 Y 26%» ;; 81 347/a y2 53% *231% - .36%\ v 323/4. 34 ' 48 *98 80% 98V2 'r - *44/ * 10¥a 12j/2 - 443/4. 19% 19¥B 19 ¥b / 80 43,600, ' 361/2 36 • 47 f 24 >10%4 265/a • 321/8 « 98 *23%> 37:.* 35% 36% 26¥b 33 *43 33¥8 34% r-51'/a -* 531/4 • 12 S/8' 35% i 80 97»/a e 10®/8- 12% 47 24 107/b 353/4 '• 331/2 513% 52 V4 10% ■ ;35% 98% 98% 23% *100 (Jacob) 367/8 5%; 1231%. f 74¥i 8%1 51% 20 new 27% - 36 603/8 . l"*6¥a 6¥b f"- *79% ¥80%. 80% 96 % 1 Co» (The) 59 Vb- 51 '35%: 47: *■ *43 *79 ¥4 ——100 Typewriter 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% Co—100 ♦228 250 *230 239 228 228 *230 243 *231 100 *135 150 *135 150 *135 150 *135 150 *135 r , 1 "26 26 ¥a '68% 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% *25% 25% 25% 253/a 12% 12% 12% 1,500 10 243 150 , 293/4" 30 Vs 101% 16 29% 101% 55.800 30% 180 102 % *101% 15 ¥8 16% 16% 16%-- 7,400 ¥•"' 25% 253/a 25 ¥8 25% 1,700 3,700 12% 12% 12% 12% 183/4 19% 187/s 19% 187/8 i2% 123/a 12% 12% 12% 12% - 95 V* 95% 95% 941/2 96% 96 : 92% *91% 93'% 92% 15,700 12% 27,100 94% ? ; 193/4 9534 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 *88 90 143a 19 8% 363/4 ; 6¥« 18% 18 ¥s *101 ¥2 64 ¥a 8% 17% *52% 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 *36% 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% *88 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% April-Oct A6s ■ 10 18 *10% April-Oct 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% __ *66 Ya 8Ya April-Oct 1953 Plan 66% Mar-Sept 1946 2001 6%s —— *66 Va 45 A 1952 8s Plan 2.375%) secured Plan 2006 Jan-July loan) 1951_Mar-Sept 1950 of) Stamped pursuant to reduced to Jan-July 65 *4 ' ' - 101 Ya 58 V* — A 2001 136 101 gokL 4s July 1995__s_—_lQuar-Jan' 1966—April-Oct A4Y2s convertible 2.25%) 6%s ('26 §ARhine-Main-Danube SARio Plan 2.375%) stamped pursuant (interest reduced APrussia (Free State) 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% 70% 91% ——June-Dec debentures 3s 1969——4 62 y4 r / ' 94V2 *•• 136 85 V4 ,1962__Apri!-Oct April-Oct' 1965^——i____ Tobacco Co 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% -.98% 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% Stamped pursuant to Plan 395 95% —.—__June-Dec debentures Anglo-Lautaro *38 - 1965—i.___AprtZ-Oct -April-Oct -Mar- Sept *70% - 40 " " 3%s 1957_ of) (Kingdom of) 4V2s 1966——— External sinking fund 4Vis- conv American 2008—Mar-Sept Norway 19C2_\________— debentures conv 34 - *38 Mar-Sept 1959—MarrSept Stamped pursuant to Plan A .-(interest 69% 95 * . /. 70 95'% 104 y4 93% 100 1973____—.—June-Dec 3%s 107 2 ' 96 104% 119 1 18% 96 *16% 5 85% 96% 1987— 101 V" . 96% *91% 130y4 debentures 3%s debentures 100 y8 84% 1975s———ApriZ-Oct debentures 2%s 17% 18 98 y4 101% 89 . 1964—May-Nov 1986——Jan-July sJTune-Dec . 15 43 .«••• 96% June-Dec 1166 f debs s 100 105% 105% debentures 15% *16% ASecured extl sinking, fund 6V2S 1958—-Mar-Sept Stamped pursuant to Plan A (interest * ~ ' ■' reduced to 2.125%) 2008—v - 6V2s 3%s Corp 15% — fund 100 Telephone & Telegraph Co— 1980——————~—.Feb-Awp Jan-July 1963_Jan-July 1952___——-u—AprtbOct sinking 100% 101 85 • ASecured. ex'i 100 y4 102% 103 101 Foreign Power deb 5s 2030_-_Mar-Sept 4.80s junior debentures 1987 Jan-June 3Y2s 6%s 105 % 102'/2 2%s conv debentures 1961 —i.', (City of) 103% & . agree't) 91 - 74% 104% 104% 1970-—May-Nov 3%s debentures 3s 71 ¥2 Bosch 1922 —_ — (1942 Airlines 1 104% Feb-Aug June-Dec Ltd 105 101 Ya 99 74% 1956—Mar-SepZ 1964__— SYsS 1979 101 Ya 105 74% ,1978—.April-Oct debentures 2s Canada of '15% 1963_Jan-July ' (assented to ; assented new Co 15% agree't) .1 6s of 1913 Mfg of America 104% — *100% 101 American 10 Jan-July ASmall Co 3V2s debs 105 American ' 2%s SATreasury *101% 102 101% 103% 103% __ American 9 agree¬ 1945 & Dye debentures American 1968Jan-July § ASmall ..." f s Aluminum June-Dec 1910 ment) % agree't) 1954 of 17% 17% ~ A4s new assented SA 16 17 16 1963_Jan-July ASmall Chemical 100% *102 __ Power first mortgage 3 Allis-Chalmers 16% *16% agree't) ALarge A4s of 27 Allied assented new May-Not 1967^ COMPANIES 1st Quar-Jan Large 3V4S Southern INDUSTRIAL '/2s 1972—Jan-July mortgage 3V8S 1984 —Mar-Sept 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 *100'A 97'A No. Low . 5s Continental Baking 3s debentures 99% Continental Can 90 Crucible Steel Co of Am 1st mtge 3'As 1966 Crane 85'A 88% 89% 53 Jan-July 100% 100% 100% 5 100 101 104 104 2 103'A 104% 6 81'A general mtge income 1982 1047A tsS'A 90 C6 Electric California A 1st Cuba * June-Dec Oregnn Power 3'As 1974__ 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— Canadian 4% Pacific Ry— ser Carolina Ohio & 1960 A 1965 4s mortgage June lien & ref 4s ser lien & xef 4s ser.B 89 84 New Central Pacific Ry Co— York 3s Power - . refund 3'As series A First and 3%s mortgage series ~ . 54'A 1968.— Champion Paper & Fibre deb 3s'1965— 74 ' : -; 79% 1 15 , Refund and Refund and impt M Refund and — First 1 • 97 101% 96% 19 97% 977A 105% 106'A 20 * -104 5 1st & ref mtge 3s 1990 105 *95% — 103 , First mortgage inc conv 5s mortgage Chicago & Erie series 3%s 1st gold 5s April May-Nov 1997 1985 B 84 85'A *125 AGeneral Jan-July April 1988 A ser inc mtge 4'As Jan 2038 1 Z 80 mortgage 4s inc series A Jan 73% *69'A 4'As 4'As inc ser A Jan 2019—April series B Jan 1 2044 April mortgage Chicago Rock Island & Pacific RR— 1st mtge 2%s ser A 1980 Chicago Terre Haute & Southeastein refunding mtge 2%s-4'As 2%s-4'As 1994 Chicago 27As mortgage Chicago & coll Western Indiana trust First 27As mortgage Cincinnati Dow 3s First 102 % I mortgage gtd 4s 5 4'A debentures 53% General gold Louis Division Cleveland First Electric First mortgage Colorado Fuel Line & Gas series A 71'A 100% 104 100% 42 103 102 98% — 106% 106% 105% 99% 95% 100 series B 95 100 r 105% 102 — 3%s debentures • - 1 99% 99% 1st 86'A 86'A *101'A 102'A ■ Toledo & Commonwealth First ' first Edison mortgage 3s external 4s 3s 80% 2%s s 27As s debentures f 12 1- 102'A 102% 7 101 Consolidated Edison of ~" : 4s 64 *- 98'A 96'A 96% *99 100 112 113 104 112'A 104% 96 99 1 105'A 561 109% 114% 5 100% 104% 101%- .,.98% 103% *99% 101% 99% 94% 100% 101% 102 73 *93% 95 *94% 95% .>91%- , 91% 98% 97% 91% 96 'A 99 99 95% 100% mtge refunding 3s First and refund mtge First refund mtge and 1st & ref M 3%s ser H 1st 3s & ref M 3'As & ref M 3%s ser convertible J I „ 102 106'A 106% 103 % (B F) 96% 96'A 10 102 % 105% 103 105% 5 104% 106% 106 106% 32 104% 106'A 181% Jan-July 182 14 164 182 — 1979— " 88% 97% • ) 1 100 201 100% 110% 11 99'A 94% 99% 97 94 94 97% 98% ... 105% i 106 107 103% 104% 140 „ — *104% 145 *102 103'A 142 98% *111% 112 ;■ y'4. • __ __ *104 —. *109 >■■' 103% 109 110 111% 108% ■ 111% 80 80 *95 72'A 80% 94 94 "2 87% 88% 1 82% 88 15 88% 88 —— 0 37 80% 100% 99 88% ■ ■ 88 101% 101% 102% —'. 103% 103% *100% 1 2 *105 96% 99% 104% 100 __ _- 167 103% 109% 106% 103% 96 *96 ■ 101% 110 92% 103 -' ' 104% • *144% 132 148 132 132 3 119 135 122 122 122 2 116 126 105 105 105 12 103% 105 '103'A __ _Jan-July 103% 103% 103% 273 103% 103% 103% 294 103'A 105 104'A 103% 104'A 135 101% 105% 104% "" Mar-Sept *95 April-Ocf 1969— 146'A 146'A 100% 94 1 14 1945—'— Co first mtge 2%s Co— 5s- series C 1973. 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 *96'A 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 -Jan-July _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% *98% 101% 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% *99% 100 • 109'/a .Mar-Sept 1983. 3%s §A6%s debentures Compania Salitrera—See Conn >' Feb-Aug 1982 §A7s 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 First / ■ - 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, — *94'A .Feb-Aug 1 * mortgage 3%s 1983— ^Columbus ■ j 1977 Light 2%s 2%s mortgage 3'As §A6s (conv aft Jan 1 '55) '64—Ztfap-Nov Ohio Elec 3'As 1970 .May-Sept : 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% *94'A g.td 4'As 1961—ApriZ-Oct Corp 4%s 1966...-June-Dec 3s Afap-Nov 1976.Afar-Sept mortgage Edison El 111 '" 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% 14% 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' / 42 Va May^ 2% 1.35 a23(4 a23'% --- 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% a32 a32% — (Un)-4——* —-10 &. Light Montana-Dakota 1''; 'Jan .. 4c * Jan 8(4 Mississippi Jan July ; 82 Jan 10 1,665 1,642"" a23% a23% 1 _ Oil———— Canadian Pacific Ry Carrier" Cctf*p . __ —V__5 vtc— Canadian — Jun ,1,143 "12% 13 al3Vs al3% 8(2 8% 9% 9?a 10% 10% 14% 14% (Ufl)—14% , —1--10 * ' Com Co* ByrOn Jackson ' 10 —9 —_ cony % Feb 22% July" Feb" 67 50 % 503~: 977 33,575" k 50 1.90 1.90 — 38% Mar 113 3,100 , Minnesota- Power 12% " - a67>/2 a70% > 55 500 , a85(4 d85(4 ■ ,.12% ai3Va ' —__4 Budget Finance Plan-corti- 17c ' —5 __10 : (UjdT—_* Company al3% al4 15 (Un)—— —_ Company V l * l a70% a74V2 vll Va 11% "14c * 19c (Un)_ 26% July 47 V* May Jan 4% 4(4 — High 17% Mar 17% 60 t, Jan '13 jnn 1 14%' Jan 150 . ___1 Borg-Warnef Corp'(Un)—' Broadway-Hale Stores V T7c 10% 10% 10% 4^ •50(4; 51% - 3% " 3% 3% V—1—1 . <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% a74Va 11% 2 Corpl 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)— Co Magnavox July Sales Week's Friday . , 40 256" a9% al0% 1 50c —__4 —2 1 roc Mining Cons Bethlehem a9% al2 al2% __ 10 I - High Jan 1,203 5 * 20c Instruments Benguet 50% __ __1 common Co Beckman 48% al2% —100 i Sale Price 30% 371 13 RR Petroleum Bandlni 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% a70% a71% 100 50% Jan 74% 14c Jun 31c Apr Jun 9 Jan 40 4C 65'A 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 , - ]-•.. - ;r1 la.iTi :i 2^; ffifJlOK