The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
MONDAY ISSUE the university michigan 0f Commercial and Chronicle 'JUL 26 1959 SIN ESS ADMINISTRATION LIBRARY r . Reg, U. S, Pat. Office Volume 190 Number 5867 New York 7, N. Y., Monday, July 27, 1959 Price $1.25 Copy a General Corporation and Investment News RAILROAD PUBLIC UTILITY - INDUSTRIAL - INSURANCE - ACF Industries, Inc.—Sales and Earnings Decline— \ Combined net owned SHPX sales services and of group this of companies corporation amounted to its and a decline in sales and earnings because of a seasonal downturn in sales of nitrogen products and Vacation shutdowns in customers' plants. there should be a protracted steel strike the decline would be ac¬ wholly- $185,899,000 in If the centuated fiscal year ended April 30, 1959, compared with $300,787,000 in the previous year, William T, Taylor,' Chairman/ and James F. Clark, .President, announced in the company's annual report mailed to •stockholders Combined *$2,720,000, July '\V: 17. "Despite the 12 -months," controls $8,760,000 were $6.18 or ; fact that the sales were 38% below those of the preceding said, "the company, through better cost operating efficiencies, showed profits in a year its customers were; experiencing depressed business 190, p. 253. ? •. when many of conditions."—V. *' ' ' • * ' " ' J ' - 4 American * . 9 plant inaugurated at operations Riverdale, 111., in its adjoining Chicago's Detroit steel in the United in combination converters. It States of facility new industry. or the on continuous Lower initial was the was far North time that American blast hot event of historic significance an first steel continent cupolas and Pacific by the investment, high economical production costs are among the initial the in ingot capacity, Newport the having with places the Acme annual an 600,000 tons the among capacity in annual Toronto Acme's complete making p. 2777. plant them facilities in the among Riverdale largest in cover the an of area 189, The will next, 100% be made The the at debentures share to up First Aug. National convertible are 17, 1959, Bank, into Central Anchor See Public A Inclusive.—V. Stock Utility Corp., 186, $4 Public Utility Markets first phase ' spring Foreign Exchange Condition Federal below. Steel by corporation missile Corp., M. has and < Schnurr, K. and development a components Strip Division, Division it contract the to Jones for & Stainless and chanical property present day After the for Strip requirements commercial initial evaluation "The Ohio. far materials in of a of excess call those for me¬ obtainable in similar development program, Aerojet-General Corp. by targets type." limited amount of a is to furnished be from Youngstown plant. According to Mr. Schnurr. Youngstown is the bestequipped mill in the nation for the production of strip materials to precise specifications. This U. S. Snake Batteries— corporation repeaters. repeater, has Signal Army cable spliced are designed and Corps These Reserve The flexible in in in use into the developed snake batteries for the powering batteries, zinc-silver water. cooperation Laboratory, They with placed cable Fort chloride submarine next to ccmmunications each mile every U. batteries developed were the supplies. Solid transistorized boost to voice or Calif., has S. $6,000,000 to N. when im¬ J. for continental covers the Air for propulsion for missiles such Aerojet 190, 20,000 s of is a production Missile Intermediate the award Force's Ballistic Polaris Aerojet Aerojet-General contracts Corp.'s Lycoming Division missile rocket chambers. contract chambers the of Avco of production The Plant announced Range systems site acre the as & of "second well as Ballistic for ?.t its and sales both both as of and in In second and third fcr Aerojet the holds Incentive tDoes Tire a used by incurred of the to proceeds from & Rubber Co —V manager offered of of the company to repay bank loans finance increased inventory and proceeds will be added to BUSINESS—The corporation, facilities in Millville, N. J., is engines, instruments and other engines, sale instruments, electronic the with of 175,000 in equipment, the and stock common $300,000 sale accessories, will were balance capital. and overhaul the which The working headquarters accessories, 1958, sales net of consolidated^ net TO PRESENT —Authorized Stock principal aircraft of aircraft parts and receivable.— accounts reserved are issuance 5,650 owned by 10,433 J699.965 shs. pursuant Airwork to and underwriters named below, in offer Up Stroud the terms of the Purchase Agreement, whom Auchincloss, Parker & Red- & Company Incorporated Winslow, Cohu & Stetson Incorporated Yarnall, Biddle & Co 189, — 2777 and p. i by Mr. Powell $750,000 contact capable of of the the acid 1960 producing letting plant various at con¬ plant, the second of this type for AAC, early August. Completion is expected in acid the production plant, new capacity will be increased according to Mr. Powell. AAO at Bay City, Mich., and produces at 18 other plant locations sulfuric Corp.—Registers With SEC— 1959. so filed a seeking offered, thus stocks Inc., giving the acquired companies stock received American be deemed "underwriters" rise to the necessity for Golden Age Realty common to are be acquired Golden are Age Golden Golden Age of may shares. whose Youngstown Golden part or holdings Company, Youngstown, Stockholders of all sale prior companies Pepsi-Cola 7, for Corporation, and Age Beverage Corporation, The Get Youngstown Corporation (formerly Corporation), Golden Age Realty Co. of Age Beverage Company, Co. of Houston. Of Inc., the Houston, 950,000 Texas, of shares being and Lockshin families, 34,882 shares.—V. 173, The selling blocks ranging in size are p. from 420 to 377. and Ended. charges preferred June of this including dividends company its and Up subsidiaries provision for deferred Federal of subsidiaries, is as follows: 30— ♦1958 1959 Month $3,663,972 $3,442,550 6 Months 24,367,067 12 Months 47,352,220 23,309,035 45,244,712 $2.35 $2.24 Earnings 70,000 35,000 35,000 35,000 all Power Co. Inc.—System Earns. income net after taxes Period tl Electric consolidated income for Parker & Redpath be 13 a their securities any The its are Auchincloss, of Airwork's held acting as Representative, are under a firm commitment to purchase, severally and not jointly, the number of shares of common stock set opposite their names hereunder. path will in by August American shares July latter sulfuric 10% registration of the Plan. Option include for Plants— acid. the begin for consolidated, per ♦Restated t Based common for on (20.169,049 share comparative average shares for number 1959 months) (12 purposes. and of shares for outstanding 1958).—-V. 189, p. during period 2777. 2885. American Machine & Foundry Co.—Unit Expands— A Allied Chemical Income oper. before revs.. 1959—3 Mos —1958 203,413,144 taxes $ $ sale 32,324.547 13.836,172 53.714.646 5,660,077 25,775,110 24,606,129 9,653,203 of 16,562,477 8,176,095 27,939,538 14,952,925 ox mar^ Total securs. (net) income— 16,562,477 8,582,870 27,939,536 9,938,965 9,923,470 9,938,795 .... of gain expanding these facilities at our Italian subsidiary because demand in Europe and Africa for AMF Microflake equipment, cigarette machines, tobacco leaf handling equipment, bakery equipment, atomic energy equipment and AMF-SASIB railroad signal devices and railroad ticket printing and accounting machines," Mr. White said. The Italian company has purchased 250,000 square feet of land adjacent to its present Bologna site to provide room for new build¬ ings. The first phase of the expansion program, to be completed in July, is a four-story Engineering wing. AMF acquired SASIB in 1957. The company has a 110,000 square foot plant in Bologna with 600 employees. Founded in 1918, it has been manufacturing AMF' cigarette packers under a license agreement the are increasing since processing the middle 1930s. Two Subsidiaries Made Divisions— secu¬ $1.67 —JI Glen B. 15,369,701 9,923,470 from sale marketable rities Total _ 403,77o 406,775 Shares outstanding Net income per share: net "We of tobacco before sale from from 1959—6 Mos.—1953 372,463,777 315,273,987 15,762,070 — income gain 166,411,933 and Federal mark't'ble securities Gain $500,000 program to expand the manufacturing and research, development capacity of AMF-SASIB, a subsidiary at Bologna, Italy, is now under way, it was announced by Frank X. White, AMF Divisional Vice-President and International Group executive. Corp.—Earnings Rise— $ and Before of the issued in exchange therefor, 225,520 shares will be issued to N. H. Darsky, 194,203 to Joseph Darsky, 187,007 to Julius Darsky, and 176,202 to the Estate of Carl Lockshin. The 13 other selling stockholders, including several members of the Darsky Outstanding t2,000,000 shs. —I for publicly exchange American FINANCING $553,367 par).. shares not ketable receivables. company's its engaged the consolidated 31, treasury. Net an nrlce of $4 oer share. Offer¬ the had July EFFECT engines ing oversubscribed and the books cl osed. be ($1 Federal income taxes. stock at April 30. 1959, the company- subsidiary.. Corp.—Common Stock Offered—Auchincloss PROCEEDS—Net 47 indebtedness of stock tllO.OOO Sales General GIVING contracts liquid Bomarc. The ended year Period Ended June 30— Droduces be primarily of the Inter¬ Navy's customer of will into stage Minuteman including purposes, retail proceeds and in $8,723,799. bank Sundry Sacramento. programs. also ended subsidiary, fiscal the months * —V. Missile. nine the CAPITALIZATION totaling approximately Stratford, Conn., for chambers Net funds entered an agreement, subject to stockholder approval, to acquire all outstanding capital stock of a group of "Golden Age Companies" exchange for the said 950,000 shares of American Common, the meeting of stockholders called to consider the agreement being 48 parts above-mentioned were in generation" Sacramento Titan subsidiary common Federal Shares Corp. Redpath, New York City, is underwriting group which on July 17 shares of of of company's Beverage income Airwork Parker 48 Statement Banks EARNINGS—For the stores. general general This corporation, 118 North 11th St., Brooklyn, N. Y., registration statement with the SEC on July 16, 1959, registration of 950,000 shares of its common stock. According to the prospectus, American on May 26, 1959, aircraft. * 149. p. of System Condition UNDERWRITERS—Subject to activated are by Aerojet's Chemical Division Army Signal Research and Development Monmouth, Rocket Banks company's subsidiary, General Aircraft Supply Corp., and supplies to operators of airports and private The aviation sells Lycoming Awarded Aerojet Contract— The Member of plant sulfuric to on construction American Beverage 48 who Common teletypewriter signals. mersed Rates in Indebtedness Develops amendment. the 1960. scheduled the retail its of in II — Redemption Calls and Sinking Fund Notices 48 $6,729,939. material in to by supplied underwriter. engaged Acid produced at the new plant will be used primarily in AAC's own production of 18% NORMAL Superphosphate and AGRICO and AA fertilizers.—V. 189, p. 2561. 54 Payable made was This of scheduled of specification volume operates a contact acid plant acid by the chamber process President. Division, and added corporate common subscription season. for approximately 7 The contract includes development of an "extremely high strength" strip material, and its production at the Division's Youngstown, Ohio, plant. According to Charles W. Sherman. Technical director of the order be to rate, during planting Cairo, is new July on be sale $100 of debentures of Construction Laughlin announced was a mail will are of interest bag contract a centrations 35 The Course of Bank Clearings awarded rocket Stainless and Statement Combined ment of New Steel— for The to subsidiaries proper Announcement of 35 State and City Bond Offerings Chicago—Merger Planned Reserve This its for the basis construction is scheduled for completion by Nov. 1, This first phase will include a mixed fertilizer storage and bulk shipping facilities, which will make fertilizers available to Wisconsin farmers and AGRICO 45 General Corporation & Investment News-Cover per Aerojet-General Corp.—Awards Contract for Develop¬ steel debentures on held. Powell said. building MISCELLANEOUS FEATURES below. Corp., the 1959 then at Mr. 35 Serum Co.—Merger Planned— Central V . Agricultural Chemical Co.—New The 1145. p. - is the 35 $80,000 at 14, increased an 44 Section 35 .Payment stock by sale any 41 - Transactions New York Stock Exchange Transactions American Stock Exchange < 111. common fa¬ -. AGRICO's new fertilizer plant at Johnson Creek, proceeding on schedule, according to C. M. Powell, President. Begun in early June on the plant site 28 miles east of Madison, Wis., 40 Exchange Dividends Declared Advance Transformer Co. of See Chicago, class v, , American Redemption— corporation has called for redemption on Aug. 15, 6Va% convertible debentures due April 1, 1968 at of its . 2561. p. March, Adams Engineering Co., Inc.—Partial continues year t. Construction 39 National Quotation Industrial Stock Averages SEC Index of Stock Prices 130 area.—V. of Dow-Jones Stock and Bond Averages 1,000,000 .Chicago carrying 39 Stock Over-the-Counter producers of for debenture V. and selling the available 36 ... Toronto Stock Exchange—Curb capacity steel 20 excess Exchange. offer shares principal 36 Stock to proposes common company business, 39 tons. acres, 189, combined facilities, country Stock Coast 16 36 Canadian Stock Exchange of Initial of the ' 38 450,000 The Exchange each The 36 Exchange Montreal Stock Exchange principal advan¬ this new steelmaking method. capacity of the new steelmaking facilities at Riverdale is ingot tons a year. Expansions already planned will raise the ultimate capacity of the plant to more than 700,000 tons per year. tages for • and underwriting terms are Lehman Brothers is listed as the 31 Pittsburgh use blown oxygen quality product, top capital outlook price Exchange.. Philadelphia-Baltimore Stock Exchange produced was Exchange company stockholders of record Aug. for 27 — Exchange Stock The 15 — Stock Exchange Midwest opening of the the more Stock Cincinnati $33,000,- new side. The in and July on 000 south Boston Co.—Opens New Facility—• This company steelmaking • Stock ; ' ' . the corporation, located at 5000 W. Roosevelt Road, Chicago filed registration statement with the SEC on July 21, 1959 covering $4,550,600 of convertible subordinated debentures, due Aug. 14, 1979. Page ' \ New York Stock Exchange (Stocks) New York Stock Exchange (Bonds) * Acme Steel p. a " statement increased and ' However, 45. year. 190, This STOCK AND BOND QUOTATIONS share. per this vorable.—V. Aldens, Inc.—Registers With SEC— earnings—ACF $1,714,000 and SHPX $1,006,000—totaled equivalent to $1.92 per share of common stock. Combined earnings in fiscal 1958 * In This Issue ;. :■ j :■r ■ MISCELLANEOUS - $0.83 $2 81 $1.67 $0.87 $2.81 $1,51 $1-55 Miller, President, said that the third quarter normally shows Two They this company July 20 by Morehead Potter & Brumfield, subsidiaries announced are on of have been made divisions. It was Patterson, Board Chairman. Inc.. with headquarters and main ' - \ Financial Chronicle The Commercial and Princeton, in xtlant & •Thompson-Bremer headquarters and plant in ©I is acquired AMP & manufacturer the military and Thompsona manufacturer of tooth-type lock washers. Potter & Brumfield in 1954 and-Thompson-Bremer & Co. Bremer 190, 1952—V. in Co. Monday, July 27, 1959 . 27% — of sales, were according **Net total of 1959 were $i91,564,000 months ended June 30, the six for announced figures preliminary to sales of $163,571,000 in the first six months of 1958 1959 first half amounted to $6,999,000 including from foreign subsidiaries, and was equivalent to 58 cents per share on the 11,709,936 outstanding shares of common stock In the first half of 1958, net income totaled $3,682,000, including foreign dividends of $2,914,000, and equaled 30 cents per ccmmon share. Sales in the second quarter of 1959 amounted to $101,807,000 com¬ pared to sales of $85,001,000 in the second quarter of 1958. Net income in the second quarter of 1959 totaled $3,870,000, includ¬ ing foreign dividends of $1,102,000, and equaled 32 cents per common share. In the 1958 second quarter, net income was $2,294,000, including foreign dividends of $1,603,000, and was equal to 19 cents per common the Other 189, share.—V. 1234. p. 1959—3 31— Period End. May Co.—System Earns. Mos.—1953 1959—12 Mos.—1958 $ $ —000 omitted— $ $ —000 omitted— Operating July taxes Net 731,566 142,939 596,781 536,486 302,654 250,204 Warren, 39,113 1,149,093 137,502 924,656 41,753 145,324 as 239,317 55,892 1,287,255 212,865 1,069,980 54,289 233,425 1,074,390 875,517 6,603 32,857 226,822 1,041,533 $1.32 $1.16 $4.94 share; will 196,301 194,026 also be a substantial The The 194.463 of installation such contract • —. 212,561 of terms new will major unit and other Elected— Ind.—Chairman J. Holliday, the post of Chairman of 1 During the first six months of 1959 the company has received applications well in excess of $11,000,000 of ordinary life production, which represents an increase of 230% over the business written during the entire year of 1958. The company's ordinary insurance in force has increased 123% over the total amount of insurance in force as The board well Board. the the «f west been as be in new unit process. It will 1959—6 Mos. cause facilities from other before State inc. Net 96,391,000 8,403,000 *708,000 15,974,000 446,000 372,000 117,000 580,0)0 327,00-0 8,775,000 *591,000 16,554,000 (est.) 261,000 Cr20,000 483 000 produces 4,374,000 Cr317,000 8,287,00) 7,784,003 Development Corp., Minneapolis, Sales latest the incorporate significant storage and improvements and firms participating Corp., Boston; Avien's equipment. Avien of in with MTDC Dean Witter are & Last volume. mon stock for was founded headquarters are in 1948 and became Woodside, in a high-precision electronic fuel gage systems. Its activities have sinceto include the design and manufacture of a variety of and electro-mechanical instrumentation systems and com¬ ponents The for both'aircraft and missiles. " company * • FINANCING IN flotations in $353 million week's projection for corporate bonds, preferred and com¬ the July 20-Aug. 14 period was $150 million more. confined to oncoming corporate trend, this coming week Despite the evidentiary downward summer offerings totaling about $104 million million. fairly strong in scheduled bond and in equities totaling about $69 are obtained by the Corporate Financ¬ private private subject to the plethora of changes that Moreover, they are figures. Nevertheless, the following weekly breakdown present intentions and outlook: ..-w affect reflects the Corporate Demand for Capital Bonds The Pulp of The American equal for Frank Reichel, of period last For It minus Sales 1958's Increase cents a to 1958. with Improvement of five of 1959 compared as of Directors, of with per or Viscose share eight corporation's and Stocks Total $103,933,600 $69,069,200 $173,002,800 first the 40 half from first six share per sales for were 31% over the corresponding period last of 1959 earnings amounted to $4,140,contrasted to a loss of $254,000, equiva¬ per share for the corresponding quarter of as cents for the quarter were $64,133,000—36% higher than quarter. reported that the American Viscose equity in the earnings of second was its 50% owned $4,038,000 326.000 or in companies 79 45 or cents cents per the share share per for second of quarter of 1959 American Viscose the period same to amounted against as of $2,- 1958. It was reported that AviSun Corp. jointely owned by Sun Oil Co. American Viscose Corp—is making excellent progress. Production polypropylene resin will begin later in July and facilities to produce and of polypropylene by film October.—V. and J 89, Ann Arbor fibers are expected to ready be for operation 2778. p. RR.—June Period Ended June :0— Railway oper. Railway oper. expenses.. Net Earnings Show Loss— 1959—Month—1958 revenues.. 3- 32,496,000 56,933,300 89,429,300 36,000,000 14,127,500 50,127,500 39,400,000 1,105,600 40,505,600 $211,829,600 7 10-14 _____ _____ 17-21 Total ... $141,235,600 $353,065,200 Gerald carnir.gs for cents July Aug. Aug. Aug. _____ were year. American $1.53 period same quarter share per last the quarter Viscose $429,000 The in second Board that $7,784,000 or year. second the 82 or the of reported compared $126,'710»000—an lent Chairman President, 1959 same OOO cants 74 the for $1.61 per share of American corresponding quarter of operations were own for up earnings the H. Tompkins, months year. Viscose, combined to cents the Great its 50% equity in th? earnings companies—The Chemstrand Corp. and Ketchikan the first six months of 1959 were equal to $3.14 per Co.—for 1958. its Shows — associated share S. $126,710,000 earnings of this corporation and its of of 27-31 1959-6 Mos —1958 21 period are: July 27; on July 28 there are: $15 million Transcontinental Gas Pipe Line preferred, and $11,221,500 debentures and 544,314 shares cf ccmmcn by American-Saint Gobain; on July 29, $46,962,100 Pan American World Airways debentures, $8 million Public Service Co. of New Hampshire bends, and $5,094,200 Ten Keys common; on Aug. 3, $5.5 million ccmmon and warrants by Micronaire Electro Medical Products, $8,325,000. Georgia Int. Life Insurance common, $15 million Pennsylvania Electric bonds, and on Aug. 5 and 6, Alabama Gas Corp. will offer $4 million in bends and $3,084,300 preferred, respectively, and on Aug. 5, Pacific Power & Light, $10,996,000 in deben¬ tures; 191,703 shares of Controls Co. of America common on Aug.. 10; $30 million Michigan Bell Telephone debentures on Aug. 11; $35 million Consumers Power bonds on Aug. 18. Five weeks from now, on Aug 25, Among the larger issues scheduled for the July 27-Aug. 1,200,000 shares of Colonial Energy shares common cn operating railway income after income $729,317 ; . taxes Net Income $4,340,973 $4,228 674 629,891 3,992,265 3,840,208 Federal *46,503 190, p. 21,335 *94,869 *5,050 *19,123 ____ •Deficit.—V. $699,528 692,544 5,533 *179,132 *101,960 254. / Arcan Corporation Ltd.—On °" JUJy. Restricted are n. ™ being distributed Canadian is Restricted comprised of the yhose securities recently have been in the United States 'n List violation of or the name* of currently information essential to an informed and provide*tion of. the worth of the securities which registration ... description of the above corporate financing may be ob¬ tained from the "Securities Now In Registration" section of the July 23 Thursday issue of the Chronicle, and, of course, the extensive "General Corporation and Investment News" in the Monday issue. registra- jf^U'rements ^the Securities Act of 1933, thus depriving investors of other would $65 million Pacific Gas & Electric bond issue with a possible bidders: The First Boston Corp. and Halsey, Stuart & Co., jointly, and Blyth & Co. r. A detailed * announced the addition of the corporation to List. The list there is scheduled - - ' ' . . - in propulsion system management, includ¬ vibration instrumentation and systems for in¬ In missiles, the company is, concentrating on specializes temperature and creased flight safety. ing is can Y. electronic the projections N. pioneer in the development, commencing July 27, may generate a The data for these invest¬ American Research and' Co., New Ycrk; and ttie- NEXT FOUR WEEKS the next four weeks, Minn., broadened ESTIMATED CORPORATE 429,OJU 1958— Titan 13. •Loss. Over the joining three Eastern financial firms in a $550,000 for Avien, Inc., New York electronic and instru¬ 336,000 *254,000 earnings for Guaranty Trust Co., New York. Midwest Technical Develop¬ ment Corp. is providing $150,000 of the total in exchange for 6% debentures, convertible to common stock at $11 per share, Mr. Ryden. said The funds will be used for expansion of Avian's plant facilities Wean Engineering Co., Inc., to The awarded 8,000 (est.) 4,140,000 taxes program, vehicles jre-entry by the Air Force as the production, vehicles. The firm is also engaged proaucing nose cones, and the Talos; the forward diffuse,-.—V. 190, p. 46. 773,000 inc. taxes.; taxes inc. 123,710,000 operations and Profit Federal $ 47,023,000 was. Morgan many for placements. 1958 $ $ 64,133,000 sales Interest re-entry ing Department of the Commercial and Financial Chronicle from and government sources. They deal v/ith public sales and exclude (& Subs.)—Earnings Rise— 1959—3 Mos.—1958 Period. Ended June 30— Income July Other wili be qualified in 15 states and has agency represen¬ them. They extend from the east coast to the coast. Net is program Development for construction of the new unit and work will begin possible, Mr. Davies reported. He estimated that the unit operation by the end of 1960. now of many American Viscose Corp. , to 1958. is company in Foan A. end year The tation business leader, is President. Midwest Roy the election of W. has announced directors of Known ago mentation manufacturer, Arnold J. Ryden, MTDC President, announced double the sheet and addition to The securities business Jr., it Technical company, financing able to coat 72-inch wide steel strip at a Speed of 300 feet per minute. Capacity of the new line will be approxi¬ mately 30 tons of coated steel an hotir.—V. 190, p. 254. Armco Insurance Co., Indianapolis, Life Travelers ."American the designated > split.—V. 190, p. 253. shares after 3-for-l weeks Avien, Inc.—Financing Arranged— Ohio, soon The has a cranes and Company Jin Works' production line will practically capacity to produce coated grades of long proportionate interest in earnings of Western Electric other subsidiaries not consolidated (partly estimated). •Includes which for Midwest ment on 565-foot out¬ (thousands) standing two per :——» shares ^ JAverage been Minuteman Nike-Hercules the in with $4.39 211,017 stock ^Consolidated earns, • 8,866 nority interests — Applicable to A.T. Co. about 851,574 290,118 - T. for missile, zinc changes to buildings, shipping purposes. would mi¬ to announced 23,943 281,252 . deductions— Applicable Lycoming producing also is has and Davies. Mr. Davies stated. It Armco's total coating capacity. 1,014.533 income & Middletown 7,036,339 4,275,332 income Net new 160,130 — to contract source Install New Coating Unit— date. The 344,407 income- Interest G. existing 209,575 income operating Total 189, p. 42. largest, fastest and widest continuous coating production of zinc-coated steel sheets will be installed at Middletown Works, company officials announced on associated the 1,663,611 1,060,893 taxes operating Aeronau¬ approximately $5,000,000 from Aerojet-General Corp., Sacramento, for production of missile rocket chambers for the Air Force's, "second generation" Minuteman intercontinental ballistic missile, as well as chambers for the Navy's Polaris intermediate range ballisticmissile. ; I,'1;'- "v..-.:v industry's strip, 6,481,812 4,239,104 Force's designated Another Vice-President—operations, Armco Division, said this new facility will be a conversion of one coating units at Middletown for the production of aluminum-coated sheets and coils. The design of the new line also will provide for the addition of aluminizing equipment at some of Air Army. Calif, 13. Clyde that 268,939 expenses on income the for o. corporation's 1,836,938 1,105,165 revenues Operating Steel Corp.—To steel The unit the later •Other and Carter Oil Co.—V. u. engine Lycoming Armco & Telegraph American Telephone Other Co., uve Mohawk twin turbine observation aircraft. AO-1 ICBM $2,144,000 of the by Command, by for zones producing 19 Petroleum 20 months Arkansas by for the income dividends Fed. Kennedy of to sales compared Net of the Calhoun field, also dis¬ ago, in which a have been tested suc¬ Arkansas Louisiana owns all Kennedy well and an additional 3,500 acres on the prospect. major lease interest owners in the area are Pan American well is 12 miles east of Louisiana Gas Co.. gas and distillate cessfully in the 10 wells drilled so far. The covered first half of 1959 period last year, July 9 by Joseph A. earnings of American-Standard in the substantially higher than for the comparable and choke; at 6,636-50 feet at the rate Materiel funtied development engine, per day on om%quarter inch choke with 680 pounds pressure, 8,487-500 feet at the rate of 470,000 per day on one-quarter choke with 345 pounds pressure. inch ings Up— Sales feet one-quarter inch on awarded were Air are contract calls for a 930 shp. version of the T53 • which is currently rated at 860 shp. The new T53-L-5, will feature a reduction in weight with an improvement in specific fuel consumption and will incorporate the new Lycoming "Universal" concept which allows the same basic, engine to be used for helicopter, turboprop or high speed applications. Previously announced was a contract for 324,746,3 15 for the produetion of the T53 gas turbine engine for both the Army's Bell HU-t Iroquois helicopter, and the Air Force's Kaman H-43B Huskie heli¬ copter, as well as engines for the Army's Grumman Mohawk. The helicopter at and contracts new Systems Center, Base, Ohio, and Grumman . 900,000 Standard Sanitary Corp.—Earn¬ Radiator & day per awards new Wright-Patterson Air Largest of the awards was for $7,591,2X8 for flight test activities, including overhaul, for the T53-L-3 turboprop engine in' connection with the Army's tical Force showed gas at the rate of 2,500,000 cubic feet per day on one-quarter inch choke with 1,750 pounds llowing pressure. At 6,445-56 feet flow was at the rate of 100,000 6,138-50 at three Ail announced on value of these that received was termed a test of the Causey test Driilstem March 10 by the Air Force. the contracts is $13,091,218, Company officials bring the total dollar value of contracts by Lycoming within the past two weeks to almost $44,000,000. was Aggregate said well • it Conn,, forma¬ in the feet. > at .8,500 Kennedy formations. „ American new major discovery earlier this year when a driilstem sand at 5,678-87 feet flowed gas at the rate of 2,800,000 cubic feet per day on one-quarter inch choke with 1,910 pounds pressure. Since then the operators have drilled ahead to test lower zones and have set 7%ths inch pipe to 9,360 feet. The well will be taken to 10,300 feet to test Lower Cotton Valley nearly by charge in Hosston The sales for the first six months of this 27% over 1958, H°mer L- Travis, Viceannounced on July 10At the same time, June sales were up 34% over June of last year, Travis said. Figures for June and for the half year were dealer billings (wholesale salesi. . Refrigerators in the first half of 1959 were ahead of last year by nearly 36%, and automatic washers were up. by 27%, Freestanding ranges increased by almost 19%.—V. 189, p. 2778. increased producing sands are in the Upper Hosston 6,130 and 6,650 feet, and the fourth was found the between Lower Corp.—Kelvinator Sales Up of calling for the development of a higher rated have been received by the corporation's Lycoming south¬ including version of the T53, Division, Stratford, additional military contracts for gas turbine engines, Three one La, Monroe, Three appliance major Kelvinator year President of west tion Ouachita parish, six miles Kennedy No. 1 discovery well in Drew 253 and 150 pp. American Motors . . Corp.—Three New Contracts for Lycoming—• Aveo Gas— commercial gas producing zenes have been giv®^ driilstem tests at Arkansas Louisiana Gas Company's 6. additional Four largest- exclusive Brumfield is the country's electrical relays for industry and & Gas Co.—Finds More Arkansas Louisiana and plant in Franklin, Ky. Ind., and a second Co., which has its successful Chpone°r „ . (354) 2 July 23, 1959. Number 5867 190 Volume . . The Commercial and Financial Chronicle . (355) for equipment air-launched and preflight and in-flight AV ; missiles. sales Avien for fiscal the checkouts . of both and ground Buffalo June 30, 1953 earnings before taxes were $500,000. For the nine months ended 31, 1959, the company reported sales approximately $6,000,000 earnings before Technical Midwest closed-end as $550,000. Net equal Development Corp. was founded in October, 1958 corporation specializing in investments in 190, and Babcock Wilcox & reported $1,500,000 & Semiconductor Corp., Danbury, to Electric July 17 the receipt of on manufacture Co.—V. 190, and install contract a for for the Mr. the for Nov. in of Wendt indicated That $195,296 He year. the ments. 10% above that at added same as a comparable the current that and ago the the , year for first period time orders six million the , This 1958 1959 public , fiscal about of Net ship- at . Barton Distilling This Co.—Applies for Order— located company, in Chicago, III-., has the under 1957 and 1959 of 1958 the conflict of any order an Indenture for Act proceeds of and a fourth indenture to be dated July 1. obligor, is hot likely to involve such a material to disqualify the Trust Company from acting-as one of the four indentures; and the Commission has giving interisted until persons 1959 3, Aug. to y ' request to be for hearing- therein: a According to the application, $2,000,000 of 6%' ' July 1, 1965 are to be issued under the 1959 5 by the pledge of whiskey warehouse receipts. Distilling,w our issue of July 13, 1959.)—V. 190, p. 151. secured notes, due indenture, secured (See "Barton The Rouge Water Works Co., Rouge, La.— Commission— company No California - to enlarge the company's water Eastern the has Board, Aviation, Aviation, acquired with announced' offices in .. . ( throughout , million dis- < in the free annually part the of Eastern. 1226. , . - Months The world. in Air Its last the Carrier May 31— 1959 Sales integration before Profit after Profit share per vision The for and outstanding—. stock common preferred sales panies of Callery 3,031,407 1,610 788 shares after of 2,316,047 $0.63 Squire Dingee Co. and $0.60 affiliated • of 189, work Beckman Instruments, corporation Inc.—Receives an data John at F. of rate 15,000 units will engines for systems will be the of used Air samples a second. Beckman's Systems in the Force Division/said solid of - monitor thrust, test data during static tests information will be recorded of on temperature, and pressure Bell said the totals $168,000.—V. 1959—Month—1958 189. Federal income Other operating 163,458,459 104,712,213 153,022,372 107,485,496 4,156,600 24,046,200 17,920,600 1,526,212 9,170.942 4,441,508 25,529,3 04 4,909,092 3,997,330 22,976,052 $3,871,500 The the July N, said the operational Black systems, are for approach) Baltimore, Materiel Area, 190, on Md., to kits 31 will Stores meet air present-day the LARC-5, the Corporation's Ingersoll < its on trim, SEC craf.t rugged Division Was developed by conjunction with in Brown new Mill by to located A. E. H. established to this .. cost in of Cascade nearly the Fair, line its adjoining fine will will of Gorham, well be on adjoin "Increased as July added that the N. The present - im¬ to THE 189, COMMERCIAL WUliam new which building he p. ant> of in chemistry," boron available for time first the Ltd.—Reports Higher Assets— in ago, the an of increase 25%. months Three at-the quarter-end virtually &nd ago, previous quarter.—V. was $15, unchanged 189, p. up from 23.5% from the $15.03 1572. Co., hew for said will will our newly adding to . also enable include Brown Dana^eibert P^estoFiUpJhuSS? stockholders « tt <a Copyright 1959 by William B NOTE: fluctuations In On account of the the rate of merger stock subject are constituent is to The the on of approval companies; listed present New York ; den van "the Berg, consolidation to proposed President-elect will move operations our give and of additional expand the the finan¬ activities field." ' den van Berg consolidation, announced that Consolidated prior to Electronics the (old) bring of: Public Utility Corp. • Philips Philips con¬ would and Corp. (privately ths together (traded over-tho» held). Inc. Serum (privately Co. subsidiaries Industries Inc. Electronics, Anchor its , Electronics Industries, (old) (NYSE). (ASE). held). After certain inter-corporation "transfers, Consolidated Electronics In¬ (new), as the top company, will continue the operations conducted by Central Public Utility Corp., Consolidated Elec¬ dustries ' Corp. formerly tronics Industries Electionics, Serum owned will of known which will Inc. Inc.) into The merge subsidiary result Inc. Corp. (old), and Philips Industries, (64% owned by Philips Industries, Inc. will Co. the 66% top Anchor Electric Co., a whollyFrom this merger a company and Pharmaceutical Industries, company. Philips Electronics as be Philips and Islands Gas and owned by the top company, the balance being by the public. The operations of Philips Electronics and Pharma¬ Industries, Inc.. will include Philips Roxane, Inc., which prior held ceutical * these to transactions conducted activities It of Philips estimated is the Industries, that fine chemical and drug distributing Inc, • Consolidated Electronics Industries Corp. (new) wi)l begin its operations with a net worth of approximately $50,000,000. Annual sales and revenues, based on current rates, are in excess of $90,000,000 after consolidation of all of its subsidiaries. The 66% owned subsidiary, Philips Electronics and Pharmaceutical Industries, Inc. will itself have a net worth of approximately $27,000,000 and consolidated Mr. annual den van present to be H. Coughlin, and revenues of approximately $30,000,000. emphasized that these moves will not affect the of the component companies which will continue their present executives and staff. Mr. Christopher headed- by Consolidated Louis now to founder act Arie President Electronics Durban, Mr. sales Berg management President of and will in be In Philips Serum the of this Corp., will join Vice-President. as Transformer subsidiary. Philips Electronics, Mr. will Co. new of that will Co., Utility (new) Advance Electronics announced of Public Corp. President now Anchor of Pharmaceutical charge Central President President as Vernes, tronics of Industries and proposed President of tries, Inc, Mr. Vernes join Industries. W. True the Inc. pharmaceutical Inc., Pharmaceuticals and Mr. Davifcs, Board and, is the Indus¬ Jr., now of Philips Elec¬ Vice-President, as activities. accomplishing the consolidation and formation of tho new com¬ pany, Central Public Utility Corp. stockholders will exchange their shares on a one-for-one basis; stockholders of Consolidated Electronics Industries Corp. (old) now held. share the merger listing the on ■ of letter a notification of stock, (par common Murphy Pearson, with will exchange formation and on basis a of 1.25 new shares for of Philips Electronics, Inc; and Philips Electronics, Inc. stockholders American Stock Exchange.—V. , Inc. 189, will apply 1791. p. & ' " Chemstrand Corp.—Quarterly Sales Lower— the cents) to be Co., Inc., New 10 The Co.—Proposed Stock Split— corporation's quaiter first amounted of Sales quarter .July 14. sales to on a $52,060,000 consolidated' basis for the "six months to for the earnings June consolidated-basis second with compared $54,134,000 in the President, reported on this year, Edward A. ONeiTJr., 30 totaled $106,194,000 1958. compared with sales of $72,179,000 in the first half of Net on will 11 Aug. consider increasing (&\ after all charges dnd taxes the June quarter were $7,166,000, compared with $7,662,000 in the preceding three months. Net.Tor" the six months to June 30 was $14,828,000 as compared with $6,376,000 for the same period last year. Recently announced plans for expansion of nylon production facilities with a new plant at Greenwood, S. C., will make available additional nylon yarns in late 1960.—V. 189, p. 1925. ' on a Industries, Inc., Anhouncement President by Celanese of of Great the of Corp., licensing Fiber of by : . E. - was Industries, America and I. • duPont de Nemours $1,000,000 5Y4% first mortgage bonds, series D, due 1, 1989.—V. 190, p. 255. June & Co.,; Chicago & The • made Inc.; E. Hutton-& Co. and Laird, Bissell & Meeds announced the past week the private placement of produce Fiber to Chenango & Unadilla Telephone Corp.—Bonds Placed Privately—A/V\ on a Imperial , July 17 by James H. company' jointly Chemical Britain. owhed Industries Ltd. • ' At the same time, Mr. Black reported plans by Fiber Industries to market commercial quantities of its hew polyester fiber, Teron, by the middle of I960. The fiber will be produced in a plant now under construction in Shelby, N. C., in both staple and filament forms, for primary ehd uses in apparel and home lurnishings. It will merger of wholly owned the marketed be The ustpnt by Dana Company. Celanese. polyester fiber, currently in office) of one 1941 in the William" B. news , ^ known chemically as polyethylene terephthalate, fastest growing synthetic" textiles. It was the laboratories Dana and of Company, Calico Printers' Publishers, advertising issue) with a Association, RR.—Proposed in authorized of retiring exchange-offer.—V.< shares of outstanding 190, p. common shares stock of class to A issued stock for the through, an Utilities Co.- -Announces Additional Acquisi- tions— The. company on July-14 announced additional acquisitions.all the capital stock of Arrowhead Water Co., which is was structing Wheatcn, facilities to serve 111., approximately a 20 large miles made in New York funds. One con¬ subdivision located near west" of the City of - Chicago. new 25 Park Plaice, New York 7, N. Y., REctor 2-9570. George J statistical issue on Monday], Other offices: 135 S. La Salle Street for foreign subscriptions and advertisements must be be 255. Morrissey, Chicago 3. Reentered as second class matter February 25, 1942, at the post off ice at New York, N. Y., under the Act of March 3, 1879 Union, $65.00 per year; in Dominion of Canada, $68.00 per year, Other Countries, $72.00 per year. exchange, remittance Merger— . increase Citizens Illinois Sept. 25 will consider approving proposed Chicago Heights Terminal Transfer Railroad Co.,- (a subsidiary) into company; also 'approving proposed on purpose , is Eastern stockholders Possession! TeS?orfes Ind Seml^rs Sf SSwican the Industries, Inc., exchange on a share for share basis. Philips Electronics and Pharmaceutical Industries and market a polyester fiber in the United expiration of the basic patent in July, -1961, has been JSD F™* ^rhSsdav (general (Telephone STate 2-0613); to United States. U. S. in will Corp. of America—Affiliate Licensed— to before developed ruDr>\nr-T v * • and various Pharmaceutical proceeds are to be used to repay'a loan and for working capital. granted modern Company ' 2031. 'ptn'A'nt'tat a - ■ and, ' resources. particularly in the increasingly significant United States Consolidated above, filed 10 through share, per Y.-. cash Corp., Dallas, Texas—Files With SEC July shares Inc. Black, H. demand $1 at on 300,000 substantial common strength counter). each Co.—Owns_ Lease in Active Area— Gas Pieter and group, Central from the fund's assets were at $98,933,788. year a the of license States Cascade „ the year share, value Celanese , 14. as . Fair loading, terminal speed deliveries.—V. experience with Inc., acquire the Advance Transformer Co. of Chicago, 111., largest independ¬ manufacturer of ballasts for fluorescent fixtures with an annual volume of $16,000,000 to $18,000,000. Completion Of the proposed transactions will will on facilities manufacturing our makes it necessary for us to add to the Cascade Mill. The new structure will provide additional space for paper converting and finishing equipment, thus enabling us to operate at lower cost and. to provide better customer service in the flexible packaging, envelope and printing paper trade." Mr. * A constructed necessity for Nibroc paper lines, present truck plant, authorized common stock from .10,000,000. shares, $10 par value to 35,000,000 shares, ".without- par value to effect a three-for-one split-up and reducing authorized preferred stock from 330,000 to 200,000 shares, with related technical changes; (b) amending by-laws to provide that shares issued pursuant to 1952 Restricted Stock Option Plan will, be automatically adjusted upon stock dividends, stock splits, or other Changes in company's common stock; (c) approving an Employees' investment Plan; (dr amending Retirement Income. Plan; (e) approving 195D- Stock Option Plan,—V. 189, p. 2454. ^ announced town said, papers, mill paper was $200,000 President of now investing a corporation N. The . company,, it the Lawrence reduction sales Sunflower with the to for the Co., Berlin, N. H.—Plans Expansion— addition Ad- applied company. to the as the hour per A are Caterpillar Tractor ...... _ mediately structure, fund March" 31, covering The of the LARC is to transfer cargo from shipside, throiigh surf, zone, and past the beach line to an unloading point, some distance inland and then .return to the ship to repeat the. operation. The LARC is capable' of transferring five tons of cargo per trip, travelling 10 miles per houi- in the water and 35 miles 2239. The conjunction years Arkansas Louisiana York, the p. Space explore further the. possible applications for most promising new rocket propellants. Tonnage the period end The $78,711,418 Function highways.—V. 189, in and to Casco Chemical $79,747,048 Army: Transportation Corps and its Transportation Engineering Command. The LARC derives its name official Army identification—Lighter, Amphibious, Resupply, . chemicals. diborane Carter Oil and . of 1959-r-ll Mos,—1958 $6,571;562 Kalamazoo from and the hew of shorten • of of per See States Cargo Aeronautics be Corp.—Merger Planned— group the Mr. In Up— the Research to one $12.15 the at ■ • Borg-Warner Corp.—New Amphibious Craft— United" National \ and 23 combina¬ capability for testing of aircraft and missile com¬ with liquid,', boron-containing, high-energy fuels. work with the aircraft-component industry to best expects responding 189, p. 2239. Named the of corporation, resources securities of leading Canadian corporations, reports total net assets of $9&,174,742 at the end of the third'quarter of the present fiscal year to May 31. 1 This. cornPares with assets, of $78,312,770 at the end of the cor¬ An entirely new military amphibious craft which has more speed, mobility, maneuverability, and water-borne stability than any of its type ever ouilt has been announced by R. S. Ingersoll, President. , with said. mutual offered . "This may • ent ' advanced significantly its Electronics July consider $6,727,500 of our new Canada General Fund This earlier 1959—Month—1958 . . said. increase new consolidation support for Inc.—Sales i should or Utility within summation propellants. Lawrence plant for a -wide variety of industrial and pro¬ pellant uses, ; The leasing agency for the Sunflower plant, located at DeSoto, Kan., midway between Lawrence and Kansas City, is the Army Engineers District, Kansas City, Mo.—V. 189, p. 2671. - to continental and .. Aug. Sanner to begun July Exchange On "■ 151. p. Mr. used of operations of this corporation Industries Corp. and Philips Industries, electrical and electronic equipment, wore of pharmaceutical chemical-produc¬ experienced personnel to our personnel for the According the and Griffiss modification nev; radar . Period End. June 30— - Sales contracts tion . of facili- be application will be made for listing on the York Stock Exchange to be effective immediately upon the forma¬ cial Callery's increasing tbe authorized from 1,500,000 shares (par $1) to 3.000,000 shares to effect a two-for-one split-up.—V. 189, p. 1923. cents) Bond $1,429,185. Manufacturing Co.—Proposed Stock . stock (par 50 at Air solid augment utilize customers," develop facilities Calle'ry The Decker stockholders common division originally built by Bendix, requirements.—V. & split—..; The of Rome and excellent combination and will the will consolidation stockholders New I Govt. Lease— and debentures overseas, has continue amounts Radio 2239. , Y. (ground-controlled radar in Headquarters, Rome, Force GCA contracts corporation's by it Base, Air update defense two Contracts Force ideal an bipropellants, Works, use plans its Sanner diborane, . : of with made Force —V. - ' 17,401,280 2887. Air 189, p. - our for" quantities Announcement was Mr. 20,156,807 p. provide plant , Sunflower utilize 7,459,469 5,374,084 189, margins. Vice-President, the resulting Stock , . Hartman, Aviation.-—V. . a series of near-simultaneous meetings of the Directors of tho corporations. Central Public Utility Corp. operater transporta¬ in this country and public utilities Both that Chemical trained to contract increase Callery 1,873,728 Bendix Aviation Corp.—Receives Air $ - taxes. after —V. $ operating income charges Net Net $ 20,676,651 to and required ponents 30,800.971 taxes profit result the services the of use facilities Lawrence manufacture "The 5,170,400 . at for Lawrence services our the also 33,601,441 expenses— to expected plant will be used 'propellant development-, routine testing, safety evaluation, and possible eventual propellant production. Some of.the more advanced propellant systems require radically different processing techniques than those presently used. Integration of chemical and propellant production capabilities is achieved in the Lawrence-Sunflower -program. 1959--5 Mos.—1958 21,183,229 revenues.— Operating is be Electronics Consolidated for . 2670. p. $ Operating in L. of Lund announced Sunflqwer facilities of current for Telephone Co. of Pennsylvania—Earnings— Period End. May 31— companies Howard , ' it • 7... : • " * ,• V ' "Callery does not intend to enter the focketr-hardware business but improving its capability to develop and' produce the propellants needed by the missile industry. * Our present facilities were designed rocket engines, Mr. Bishop said. The magnetic tape for entry into electronic contract averaged over $2 will be operated as Division of California Public for • 1 Bishop ■ is related computers. Mr. has and improvement and 9 Sunflower ministration. the Ballistic Missile. The . . facili- propulsion concepts. For example, Sunflower would be ideal for -advanced development of certain aspects of the new propellant concept now being explored by Callery under propellant Intercontinental at the time the a development Minuteman July On monopropellants, of facilities tion on Bishop,1 Manager electronic rocket the two the activities Government S. Callery's on increase Contract— July 15 announced receipt of a contract from Thiokol Chemical Corp., of Brigham City, Utah, for two high-speed electronic data processing systems capable of recording rocket engine test to "Use , tion This volume ; years, Chemical Co.—Negotiating U. available ties 1571. p. sales two these President, company the Works com¬ (merged with Beatrice Foods Co. as of Dec. 1, 1958) for the ended May 31, 1958, are included in the above comparative - quarter figures.—V. Carnicero, it is negotiating a lease part of the facilities of the. vast Sunflower Ordnance Works near Lawrence, Kan., for development, testing, and production of new high-energy rocket propellants. E. G. Sanner,' President, said that the proximity of the Ordnance with pro¬ dividends.—j earnings This 1,485,407 2,395,534 at new $96,293,237 taxes common Jorge warehouse for Auchincloss, 5% ' to corporation, to be known as Consolidated Elec¬ tronics Industries Corp. (new), will also expand its activities in tho field of fine chemicals, drugs and pharmaceuticals. This expansion will be partly accomplished through the merger of Anchor Serum Co. of St. Joseph, Mo., largest independent U. S. manufacturer of animal vaccines, with the new corporation's subsidiary,- Philips Electronics and Pharmaceutical Industries, Inc,. 1958 taxes-—3,321,788 Federal Federal of Lund, will continue to direct $99,745,537 Profit Number and of -i The . City Service'Corporation operating economies and Edward Co.—Sales and Earnings Higher— Ended York is of merchants addition, July 8. on New .. | Three Inc., sale base from three in . Beatrice Foods . Aviation, through commission filed covering offered be the loans. 23 Inc.—Acquisition— Lund amount 1959; to working the manuiacturers Millville, N?:,Jm is a leading company in the field of supplying complete aircraft, major components, engines, propellers, Jato installations, accessories, instruments, radio and spare parts to aircraft owners a used p. Lund ties underwriting is involved. proceeds are to be tribution system.—V. 184, common the - corporation Washington, 17, - by receivables Consolidated . stock, company's Restricted Stock Option Plan Employees.—V. 190, p. 47. to pursuant Key Executive This on The ' on Wv July retail a in short-term Moves SEC N. on debentures, principal of With SEC— the St., SEC underwiiting of tion \ Baton July 14 filed a letter of notification with the SEC covering 26,643 shares of common stock (no par) to be offered for subscription by stockholders at $11 per share. Rights expire on July 29. offered Chairman of Baton Files With Securities and Exchange Co. Inc.—Registers the capital capital of the company, thereby increasing borrowing from banks or other lending Additional working capital may be used for the purchase Central Bulova Watch Thiscompany-filed- a registration statement with July .20, 1959, seeking: registration rof 100,000 shares; of the the sustaining v as 255. p. 11th 620 their merchants institutions. remainder of the current fiscal year and hope to equal the 1958 volume,' although we will not reach the level of sales attained in 1957, our record sales year."—V. 189, p. 1924. a indentures same interest trustee "under issued Trust shipments and profits through the made application to the finding by the Commission that trusteeship of American Bank & Trust Co. of Chicago under three SEC expect gains in of The provides merchants retail maintain or or "We . 100% company member assists was at with convertible Redpath. . said, 190, charge account" service for customers Washington and surrounding area, and purchasing from them, at a discount, customers' sales tickets for which the company has previously ap¬ proved credit—thus providing the merchants with credit facilities. of , were 1958 anead & The $660,291 located statement 5 Vs % sale Parker as of ■ Wendt to manufacture and market the fiber by Calico Printers to duPont. plant will have an ultimate capacity"of sold year.—V. a company, $500,000 provision ■ Mr. Rights were Shelby pounds registration a shares. months backlog running Britain. States Industries' Central Charge Service, Inc.—Registers With SEC— with the of before of the were 40 30 or and year tne orders Great United Fiber common outstanding Profit in the , $247,719 quarter- of ,30. was snares second number same ends year $532,494 the in snare on -fiscal totaled approximately more Madison- 151. p. Ltd., quarter ended May 31, compared with $424,182 in the previous quarter and with for the quarter ended May 31, 1958. Contract— boiler a per based company's taxes 1959 649,572 the on 31, May compares with net profit of first .quarter of the current the cents both year, The for 50 ended s.iare • Tnis in snare or quarter per outstanding. per fiscal " Co.—Awarded New the cents cents $325,117 Conn.— : The company than National 151. p. for 38 to stock oriented technical Melbourne, Paul, Minn.; profit - companies. It has thus far invested in four companies, Mr. Ryden said: Soro'oan Engineering of Fia.; Minco Products, Inc., Minneapolis; Telex, Inc;, St. other Gas of investment scientifically V. taxes Gains— Net profits in tne second quarter of the 1959 fiscal year improved approximately 25'% over the iirst quarter, according to a report released July 15 by Henry W. Wendt, chairman of trie Board. ' $7,400,000 were March and Forge Co.—Reports Further . ended year 3 Editor; Illinois Subscriptions The Commercial and Financial Chronicle 4 . . Monday, July 27, 1959 . (356) Chicago utility properties in the Citizens began operations acquisition of since 1S5C, when seventh Citizens' suburban is This area Richard L. Rosenthal, President, also advised that Citizens is cur¬ negotiating to acquire several additional utilities in this area, one of the fastest growing regions in the country. Mr Rosenthal also announced that Citizens had acquired certain electric facilities in Vermont, From the municipal electric system of the Village of Swanton, Citizens purchased a 33 KV transmission line and substation facilities connecting Sheldon Springs and Higngate Falls a distance of approximately 4.1 miles. From the Missisquoi Paper Division of Standard Packaging. Corp., Citjzens purchased the distribution system formerly owned arid operated by Missisquoi to serve residential customers in the area around Sheldon, Vt. The purchase prices in these acquisitions were not disclosed—V. 189, rently , 1464. p. Chicago & St. Louis Ry.—• Trading to Be Suspended in Common and 5% Pfd. Shs. Governors of the New York Stock Exchange voted on July 23 to suspend trading, effective Aug. 3, in three securities issues of two Cincinnati, Cleveland, suspended are the common and 5% preferred stocks of the Cleveland, Cincinnati, Chicago & St. Louis Railway Co known as the "Big four," and the common stock of the Pittsburg, Ft ' "Wayne & Chicago Railway Co. The exchange said it will ask the Securities and Exchange Commission to delist the issues. The number of shares of each common stock availab-e for trading has been so reduced, the Governors said, that it no longer considers the issues suitable for trading. The suspension order represents the Big Board's first action under a policy, announced last May, of tightening up the rules used in deciding whether preferred stocks and "guaranteed" common stock issues should be delisted. Preferred stocks have a claim on a company's earnings before common dividends can be paid, and are usually entitled to dividends at a specified rate. Guaranteed common stocks are those on which dividends are guaranteed by another company, such as railroad issues where the right-of-way is leased to the guarantor. The exchange said it considered delisting a guaranteed stock when the shares outstanding amount to 10,000 shares or less The governors also re-evaluate listings of other securities of a company when its securities The be to . stock common delisted. is Chicago & St. Louis is operated' under Central Railroad Co. New York Central owns 466,472 common shares, leaving only 3,881 shares held by 161 other stockholders, the exchange said. The New York Central also owns 87,735 shares of preferred stock, leaving 12,265 shares held by- 409 other stockholders. Five listed bond issues of the railroad are not affected by the governors' action, the exchange noted Pittsburgh, Ft. Wayne & Chicago Railway is operated under lease by the Pennsylvania Railroad Co. The Pennsylvania owns 1,139,902 com¬ mon shares, leaving only 5,746 shares held by 155 other stockholders, the exchange said. Pittsburgh; Ft. Wayne also has a 7% ^ preferred stock listed, of which 150,083 shares are publicly held. This issue will remain listed, the Big Board said.—V. 189, p. 2240, Cincinnati, Cleveland, The lease of Los Angeles (Calif.) offices of Commerce Financial Corp., a subsidiary was announced July 15 by Arthur W. Frenzel, Vice-President and Manager. Commerce Financial will offer 5-year growing California manufacturers and distributors. Loans will range from $50,000 to $1,000,000. Headouarters of Commerce Financial will be at 2975 Wilshire Blvd. capital In addition 185, Electronics Inc.—Registers Cohu Consolidated July on be to are by supplied of none tional 141. has amount ending July on $1,640,000 June 9. brings This awarded been of Supersonic Research year for the by the Air Force of the Hurricane contract new a operation Site in Southern Utah for the government's fiscal 30, 1960, T. C. Coleman, Frresident, announced Securities A. backlog company's for testing track said.—V. 190, Co 2,500 Eichler & Co 1,500 & Bateman, BCar, Stearns & Co Income Fed. duPont Erdman & Co Estabrook The from State, operations______________^_— & Canadian taxes in Kirkland insur, policy of excess $8,235,952 450,814 *323,698 233,800 Crl45,000 *$178,698 (credit) on life of former surrender value— cash ! income 56,731 $217,014 *$121,667 103,660 83,693 $0.42 _____ Nil declared_______ Earnings share per Loss.—V. 189, Colonial ; , 2780. p. Stores Inc.—Reports Lower On a share per for each 55. cents the Co.—--— & Dean Witter & Co._: & Co of 86 Sales the ahead of during the weeks both profits 1958 period showed special a Federal tax refund 24 weeks this of totaling totaled year credit $203,241,992 $204,132,783, the during first the report, Joseph Seitz, President said: improvement in the trend of both sales and 12 weeks of 1959. 2.4%, the second comparable figures of periods of 1959 12-week for results. comparable on down above the We second during weeks 12 anticipate continue Utiljty that the Whereas were below improvement half second of for show Likewise, 45% were sales weeks 12 1958. those above in Corp. Industries This company Central Power stockholders The become effective certificates the on on will be directors The on $2.50 new the with a year first sales year."—v. 12 189, ago, profits p. 2888. June July 30 approved 20, 1959. mailed on July declared par 9 value It two-for-one a is anticipated ordered been have —V. 190, of users service for services," our to increase in J. S. L. Snead, Jr., —Quarter Ended— June 20,'59 before taxes Net •Earns, split the to new about or Aug. 1. dividends of common 6y2 cents per June 20/59 June 14/58 June 14,'58 $707,013 $1,112,900 $1,060,302 356,209 358,885 551,662 544,445 $0.58 $0.59 $0.90 $0.89 share com; per shares 610,005 on 189, —_ of record Sept. 17; and 2, receive a dividend shares. acted This of 12 cents dividend upon.—V. Columbia of stock common currently 187, Gas p. had per share been business on declared Aug. 1 before on July 17 the $5 on the stock will par split SEC has which Management, With Securities and The SEC Inc., Seattle, Wash.—Files of sale Execute The stock common of , construction client's each firm and corporation title tion of two roll-on, announced was qualified has the of XI roll-off July on 10 Acting and of Act container by Government loan for Marine Merchant ships lor Maritime Aid— insurance mortgage for 1936 capital. working the construc¬ coastwise service, Administrator Walter Ford. C. At the time, Erie & St. Lawrence Corp., owners of Containerships, Inc., announced award of a $7,000,000 contract to Maryland Shipbuilding & Dry-dock Co., at Baltimore, Md., for construction of the two ships, which were designed by George D. Sharp, Naval same Architect. & St. Common Lawrence Corp. Carrier Coast Atlantic holds an Interstate Commerce Commission permitting it to serve Great Lakes, Franchise, Gulf and between Service W-l, ports. the ports of New York and Jacksonville will be inaugurated with the delivery of the two vessels next Summer. The construction of additional ships is planned to serve remaining of the said. jointly owned by a group of New York investors and Maryland Shipbuilding & Drydock Co. Morgan Guaranty Trust Co. of New York and the Philadelphia Savings Fund Society of Philadelphia, will act: under Title XI to provide the finances necessary for the project. These vessels will be among the first new ships built for container service, and will be bareboat chartered by Containerships, Inc. to Erie & St. Lawrence Erie franchise, the company & St. Lawrence in 170 will vessel bonds at an sale bank interest rate loans and and Corp. is be capable carrying of 2,10o short steam May 31,'59 Apr. 30,'59 $ Gross from revenues Utility utility Income from utility operations 43,777,194 56,829 91,301 399,763 44,551,996 43,868,495 42,633,058 12,113,591 12,229,164 12,006,280 32,438,405 31,639,331 30,626,778 26,294,883 26,294,883 24,958,299 6,143,521 5,344,447 5,668,478 $2.29 income corporate deductions etc., income divs. Pacific Electric Zellerbach tons of cargo paid declared or in working ' inc. Net the $2.24 $2.45 This St. Co., below.—V. 189, p. and Corp.—To Set Up 200-acre a of mill, Lumber Opera¬ & a site Columbia at City in Northwest Oregon, for con¬ sawmill. modern new The full installation new tree farms utilization hauled fuel by and Crown pulp every to handle will the ihe log. Chips company's Camas, small Columbia manufacture of Zellerbach's then and of truck for in paper. Wash., River and logs harvested area and as othw lumber nearby St. Helens on the com¬ provide "for leftovers will be mill for use as operates retail to A ago, year share Cubic This Sawdust will be shipped by rail to for conversion to kraft pulp plywood mills in British Columbia as Canadian provinces of Alberta yards in the 190, p. 49. well and Corp.—Registers With SEC— located at 5575 Kearny Villa Road, San Diego, registration statement with the SEC on July 17, 1959, covering 105,000 shares of capital stock, of which 100,000 are to be offered for public sale for account of the company and 5,000 for Calif., corporation, filed a levels earnings of and of 1958 $616,942 for $308,014 earned sharp in rise Devoe increase strong a its in 194,690, cent's first equal share the for the net class DIT-MCO, Inc. land of common at a of per to $636,361 class the on A B. $207,549 sales on of $24,- and 19 cents the class A stock on 186, share per class totalled share amounted 1959 $1.19 the 2575. p. Common Stock Offered — stock (no par — The Mid¬ items certain 1951, the pany of became and as began under $1 the share) per laws of State the its present name. In 1952 the com¬ business of building custom transform¬ to electronic manufacturing com¬ to supplied them to the Drive-In company value 1948, under the name "Drive-In Theatre initially in the manufacture and sale of used by drive-in theatres. On Nov. 30, changed in the was well as 27, engaged engaged coils the incorporated equipment name and panies It stated — share. per was February on Company". 1954 to earnings price of $10.75 Missouri ers months on B.—V. BUSINESS—Company of cents 58 were Securities Co., Inc., Kansas City, Mo., recently of¬ on behalf of selling stockholders, 30,000 shares fered Mfg. six equal share to 39 cents per the on share per 29 cents per share on the class B. quarter totalled $16,262,705, compared quarter of 1958. same first per half earnings and second $27,846,160, 59 1958, the in net stock A in $13,352,075 stock per class by Devoe sales on quarter second the on Sales the Theatre In Division. manufacture of addition/in universal automatic circuit analyzers, and the first sale of said equipment was consum¬ mated in August, 1954. As of March 31, 1959, the company has sold the Drive-In Theatre Mfg. Division and the Transformer Division, and a its how testing sole activities the are manufacture and sale of circuit equipment, and related consulting services. The company, in period of time, has become a leading manufacturer circuit analyzers. Its executive offices and plant are relatively short and supplier located at of 911 Broadway, Kansas City, CAPITALIZATION AS OP Missouri. MAY 1959 31, Authorized Common stock •There $3.33 options to purchase 25,275 share to expire on March 31, per p. Outstanding 300,000 shs. are notes of May the 31, of sum 1926. shares of *163,875 shs. stock common at 1961. the company had borrowed on 60 to 90 $183,913 at an average interest of 5Vfe%.—V. 1959 • Pepper Co.—Sales Soar— Syrup sales for the month of June climbed more than 13% over year's sales for the same period, Wesby R. Parker, President, reported on July 1 in Dallas, Texas. He attributed the increase primarily to "the return of normal weather and increased sales in our prime consumption areas. "The 13.07% "new plants enjoyed The by are on a local basis." He reported that part In sales increases, although most time to develop sales to the point bottlers." program playing require little a increase Pepper The also syrup company during our peak period," he said, "indicates enthusiastically supporting our stepped-up are established June Dr. bottlers merchandising markets new of increase franchised our a more marked sales President the fifth like ov.-r also of ye»ar had begun distribution and / that an additional four operations The the in monthly"'increase consecutive periods reported bottlers of that last at year. June's end, 23 new Pepper since January of this plants are scheduled to begin Dr. future. near is shooting for complete national distribution in it celebrates its 75th anniversary.—V. 189, p. 2240. company year already owns and operates a 400-ton-per-day kraft mill, a green veneer plant and an 80,000-acre and recession of the over particularly by gains in sales of industrial finishes. Continued improvement is anticipated during the balance of the year if general business levels maintain their current trend, he said. Net earnings for the second quarter ended May 31 equalled $1.15 per share on Devoe's. class A and 58 cents per share on its class B. the lumber lumber 100% featured mill tree farm in Oregon's Columbia County, and plans for development of the new sawmill site are under study. corporation's Canadian subsidiary, Crown Zellerbach Canada, Saskatchewan.—V. earnings net the the over volume Dow industrial further reported gain of a earnings Zellerbach paper Co., Inc.—Earnings Up 100%— 7 1959, during the same period a year ago. Doran S. Weinstein, President, attributed will paper. and July on of quarter national the Columbia River, is designed to Cut Mill startup is scheduled for 1960, and the facility will provide year-around jobs for 90 persons and an annual payroll of $500,000. on 200,000 board feet per day. pany's Raynolds company last on July 10 revealed, plans for setting up its first in the United States. It has reached agreement with County, Oregon, authorities for acquisition which will front outstanding at end of period, 14,157,059, 34,123,851 respectively,—V. 189, p. 2564. 12,498,893 The Columbia and shares on 2456. corporation Helens 42,233,295 for business capital and construe. Sh. of com.''stock per ♦Based 189, Bought— tion in United States— lumber operation $ 44,495,166 income Gross May 31,'58 $ 256,020,428 253,582,840 247,829,270 211,525,261 209,805,646 205,595,974 opers._ expenses Dr. Crown facilities., INCOME STATEMENT 12 Months Ended— day Federal com¬ was 15, service CONSOLIDATED NOTE—As Cornell-Dubilier Electric Corp.—Control See of 4%% 1959. Proceeds of the used to repay outstanding shortto pay for construction of addi¬ being are electric Completed—Private general and refunding 30-year by the company June tional lightweight containers. surety of term Corp., it was announced. pany 256. $40,000,000 bond it issued an order authorizing the company to execute bonds, in the amounts of $3,100,000 for United Fuel Gas Com¬ and $5,100,000 for The Manufacturers Light and Heat Company, its subsidiaries, required by the Public Service Commission of West Virginia as an incident to their increased rate schedules.—V 190 They propose to sell 50,000 shares each. each. Edison. Co.—Private Sale mortgage pleted In on July 7 filed a letter of notification with the shares of common stock to be offered at par without underwriting. are to be used .to purchase a maximum of 49% of 300,000 share), proceeds The to 258,500 own Detroit Exchange Commission— corporation covering per Ltd. Inc.—Authorized has outstanding 550,000 common shares, -of President, and Howard Abrams, Executive Vice- parts. It Abrams, Morris President, Net 2000. System is engaged in the manufacture and sale of key-blanks cutting machinery, and the distribution of automoitve re¬ company key placement outstanding. 808. p. Crown Surety Bonds— The The and with Construction share shares Aug. 17; Oct. 1, to stockholders to stockholders of record Oct. 17. Stockholders of record as of the close of was Earns. Up— —24 Weeks Ended— $725,392 taxes Based The stock corporate purposes. Of said balance, outstanding notes held by officers. repay Ohio corporation filed a statement with the SEC 17, 1959, seeking registration of 100,0C0 outstanding, common to be offered for public sale by the present holders thereof through Prescott, Shepard & Co., Inc. The public ofering price and underwriting teims are to be supplied by amendment. President, said. after Federal income in and general be used to number total Fed.. inc. —.— profit $70,000 eqiupment; July second Consolidated Laundries Corp.—Quarterly Profit and inventories, manufacturing in¬ and Western some the 5,000 over 153. p. from, $400,000 company Industries, Inc.—Files for Secondary— Devoe containers' will tc the up and test to expects to pay off receivables finance shares, July 10 announced it is immediately placing orders on $1,200,000 new struction that build to electronic for proceeds to Freightways, Inc.—Orders Equipment— the same available weeks' and $300,000 of net company incurred Euclid, Net operations of Hawaiian Marine Freightways. time, it was announced that 296 27-foot highway trailers the "The of Co.—Split Up Voted record value Curtis the loans balance may This on 12 profits payable in each of the months of September, October and November. This is equivalent to a rate of 13 cents per share before the split and represents an increase of 8y3% over the 12 cents per share paid on the $5 par value shares. The payment and record dates are as follows: Sept. 1, to stockholders Nov. the use $30,077 above.—Vo 189,- p. 2781. Corp., $1,500,000 for 27-foot containers and related equipment for of the California-Hawaii service it conducts in conjunction totaling profits first apply to the Of stock, bank acquisition to Merger — 24 increase of the both the an additional short-term expansion "There although indebtedness). of sale Retained of Colorado certain of Cash Consolidated Each sales second were 3.3% to its Other 1958. decided a including first of Commenting was the share. for slightly weeks cents per cents 10 shares, of designs, develops and produces electronic devices and primarily for the precision tracking of missiles and aircraft. outstanding 404,800 shares of capital stock (in addition, Interest, Public Central by has now 3,500 Planned— See a 2,500 Electronics Consolidated The basis, 1959 earnings for the 24 weeks amounted to of the 2;755,000 shares Of common stock outstanding. number same earnings p. Wertheim 2,500 Co Hemphill, Noyes & Co 190, p. 256. areas Earnings— Earnings during the 24-week period ended June 13, 1959 totaled $1,598,606, the company has announced. For the comparable 1958 period, earnings were $2,179,294. of & : —V, Erie Net Dividends on Stroud & Company, Inc Sutro Bros. & Co — Taylor, Rogers & Tracy, Inc. 1,500 Corp Sachs Hallowell, Sulzberger, Jenks, under $217,014 inc. on ! from officer will 3,500 3,500 Stix & Co —1,500 First Boston 1,000 2,000 1,500 1,000 2,000 1,000 500 Containerships, Inc.—To Receive $10,504,019 Balance for 1,500 1,000 Co & Goldman, Co.— & 3,500 1,500 — 1,500 I. This (& Subs.)—Earnings Up— __ Proceeds of Inc Francis related and May 30,' 59 May 31, '58 sales On Co., Brothers 1,000 & Co. Incorporated Merrill Lynch, Pierce, Fenner & Smith Inc Riter & Co Schmidt, Roberts & Park— Shields & Company— Singer, Dearie & Scribner— 2,000 and Cullman 3,500 3,500 Loewi 2,500 Blair 1,500 2,000 Co Kidder, Peabody & Co., Inc. Lehman Brothers—-—__ 2,000 1,000 Bache director. The public amend¬ and Vice-President Shares 15,500 Co & AUynijfand Co., Inc.— Arthurs, lestrange & Co.— 48. p. Ended— Quarter offering, the H. Hentz & Co.___: Johnston, Lemon & Union C. ($1 the Collins & Aikman Corp. • Dillon, work Coleman Net of Werner, company It through acting below, Manager as Shares . track Mr. named Co. & Contract— development and instrumentation to $2,750,000, the highest for in Coleman's history. Total backlog is about $3,600,000, vehicle underwriters Securities Union as Engineering Co., Inc.—Awarded company the follows: Dillon, Eastman V. in details Addi¬ to the company. accrued proceeds severally agreed, subject to the terms of the underwriting agree¬ ment, to purchase from the selling stockholders the number of shares of common stock set forth opposite their repective names: * Coleman De¬ 20 of the have : This the UNDERWRITERS—The amendment. Winslow, Cohu & Stetson, Inc., are listed p. The systems, States. 20, Hayden, Stone & Co. and the principal underwriters. The company designs, develops and manufactures electronic equip¬ ment, industrial television equipment, and electro-acoustic equipment. Net proceeds of this financing are to be used as follows: $271,000 to pay a 5% unsecured note to vendors and sales representatives; $1,165,000 to reduce bank notes; and the balance to increase working capital said to be required by the increase in business volume.—V. 188, terms Financing made in our issue of July public offering by Eastman Dillon, Union Securities & Co. of 75,000 shares of common stock ($1 par) at a price of $59.50 per share. This was a secondary offering, hence costing SEC— With corporation filed a registration statement 1959, covering ,356,125 shares of common stock. The company proposes to offer this stock for subscription by "its common stockholders, at the rate of one new share for each three shares held. The record date, subscription price and underwriting SEC the Corp.—Additional Cigar was V. , ment. ventory; tails—Mention Calif., Diego, San This 42. p. Robert of Hayden, Stone & Co. is listed as the principal underwriter. offering price and underwriting terms are to "be supplied the At with service account the York New the by the company will al§o offer a complete manufacturers, wholesalers and distributors. Joans, capital to to financing —V. to loans Eastman railroads Subsidiary Formed Discount Corp.—New Commercial Opening Chemical Co. Affiliate's — Plant to 1960, Produce Acrylic Acid and Acrylic Esters— The Dow Badische Chemical Co. on July 6 announced plans to acrylic acid and methyl, ethyl, butyl and other acrylic esters plant under construction near Freeport, Texas. Production is expected to begin next January, following completion of the plant in December. Construction has been in progress for the produce at a past eight Texas months at a site and company, capitalized BASF Overzee, N.V., a Fabrik adjacent to The Dow Chemical Co.'s Division. The AG of Ludwigshafen at $6,000,000, Is owned subsidiary- of Badische a. Rhein, Germany. jointly Anilin- by & Dow Soda- Volume 190 Production ■ will sold be quantities are available Midland, Mich. Dedicates One of 9 at through The the Dow Dow Chemical Plastics Co. Sample Department, Sales telephonic Telefon ":- •" Waste iPlant— plant of the Dow sales Chemical Co. the newest concepts in industrial waste control, the six-acre plant was built at a cost of $2,250,000 to reduce air pollution by the giant chemical complex which produces 1,100 products in 600 on Dow's waste equivalent of city of The brine wastes of $5,000,000 a are waters waste facility covering fs devoted to an manufacturing from the plant, and $2,500,000 a disposal operations.:—V. 190, Midland Dow's at Ltd., S. J. C. by 15 Union Chemical Dow H. Stearns, to bring needs Vice-President, and the said representatives continent Sale of South of International sales new facility south the of in the The area. Sahara.—V. Industries, Inc.—Sells 190, will office and 154 pp. serve Secretary of shares PRESENT TO Monitor 189, then stock having State of having 200 New a York, This York New 1959, to additional purchase, Agreement, The — D. .Sherman Schweickart Alkow —V. 189, It investment of filed company, registration its. $75,000,000 amendment an seeking statement Systematic July on of an Programs.—V. 187, Federal 20,000 shares offered to be are filed of registration a could conditions of the company The be not concluded corporation other property motion announced The entire through of amount other market spokesman theatres cash consists theatres, the In shares addition in The Mi*. to the negotiating of Zabel, and from 15 Presi¬ conven¬ southern all its the Octave stimulation of capacitors Pacific said the'Federal Louis W. and Haim who Beyer officers continues Oregon drive-ins the is located of excellent Paul and McKnight it enlarge Electro- important aspect gives ElectroVision and is expected to operations, already healthy cash flow "Further, it is the initial plan in Zabel. Also worthy of note, ranging from 10 holdings residential which electronics are Preliminary balance drive-in will "An and commercial ElectroVision and various negotiations along is of lines of 20 to the acres growth its one Purchase by months the theatre Fanchon ago. first the of ElectroVision be to the Marco & just group since acquired.—V. 190, obtained is second the took a Ellis Research Theatres, p. 154. Agency and Federal four BUSINESS—This the laws is of Bank Inc.—Debs. Jan. on Butte, having corporation, new a Montana Bldg., 1959. 16, Offered— been incorporated address is 8 First Its the Promoter.—V. and 190, The Radio & dent, to that Titus Mr. best at the Inc. this firm Haffa at Abrams 49. Chief to of resold that 190, p. would terms merger receive 114 interest paid action be-.ause by in of Webcor, deemed in the failure of MrJ the Terms— announced for of in stock common each Erie share holders RR. Erie in merged Morton of receive one share of the merged road for each Lackawanna share currently held. Erie preferred stock would become preferred stock of the merged road. Erie has 2,450,090 shares of common and 125,180 shares of preferred outstanding and Lackawanna has The merger A stockholders plan, and Lackawanna of the at the roads will will carriers this Fall.—V. common 190, p. meet outstanding. this a offering price of $3 of per Sept. 22 to consider the consider it during that month. hope the ICC will begin merger 257. 150,000 share shares was board in of whom March 31, ends March of made Of¬ common July 20 by Banks M. the of Fund, States.—V. headed has Pacific proceeds from the sale of the common shares will be added to the general funds of the company and used for the re¬ tirement of presently outstanding short-term bank loans. The balance of the proceeds will provide working capital to finance increased receivable resulting from Mercer This reported contrast has wholesale 2674 pp. and 2565. on a best efforts selling commission reimbursement for expenses. as basis by of 22140 consisting site be known of about Sunland as its for ;153c acres located Park, racing Anapra, at plant N. M., The purposes. President. Albuquerque, 176,250 and 287,500 shares, respectively. A net of 250,000 shares were issued in 1957 to Allison, McCormack and four individuals for shares 100,000 $50,000; were in March to Johnson issued 1959 in payment of a bill for legal services in the sum of $20,000; and between April 1 and July 1, 1959 the company issued 838,000 shares for cash aggregating $745,920 or 84c ner share (among which purchasers were Allison, 312,500 shares, and McCormack, 62,500 shares). The company with 14, May on period. Net sales in this period. racetrack the These plant. is Allison contract. with Allison & Haney, Inc., venture, for the construction firms have a 75%-25% interest in the officer and 22% stockholder of Allison entered into contract Contracting Co., joint 1959 Skousen-Hise and of an Skousen and Haney; L. Allison R. is a Co., a mortgage loan of $1,100,000; 2783. firm director a it the loan. in July on Land Co. operated underwriter and distributor background in mutual fund mutual the in expanded volume. distributor of a line of BUSINESS—The funds, and formerly business.—V. 185, same 1,578,500 with State and offices at 7210 57th SW in Avenue South Contracted is planned to use use. : Contracted is area to about Signed buy 200 300 equipment in bordering Biscayne South Dade. accommo¬ the Temple purchase Heights Development Corp., which owns a subdivision in Highlands County, Fla., known as Temple Terrace. The subdivision has 153 lots, road frontage on U. S. 27, and borders Lake June-in-Winter. Temple Terrace subdivision is selling details the and the offering circular will be manufactured of contracts completed options on producing purchase with various distributors. leases for test purposes and will con¬ oil well heating equipment. presently contemplated, and assuming the sale of shares currently offered, will apply the net proceeds for the PROCEEDS—As all of the following purposes: manufacturing equipment, $15,000; working capital (additional inventory, expansion of sales, etc.), $70,000; testing heat production, $20,500; purchase of options on oil pro¬ exercise of option to purchase interest in oil produc¬ oil of treatment $50,000; duction, $80,000; lease, tion—Dickey and GIVING CAPITALIZATION retire 27 and call for S. one-half on property the to 50% as lakes, in exclusive an perpetual stock the of on beaches of Highlands County, Florida. colony, with homes summer the Estates, Corp., Clay and of property owners. Placid Ridge Estates, Inc., Lake Blue use of a small (8) Acquired Patsand Corp., a Florida corporation. Patsand will operate as a wholly-owned subsidiary of the Florida Land Co.—V. 121, p. 1352. erator Power According a larger unit The tember could .... the to sold of 1961, deliver" Includes 189, 312,000 shares Florida \ utility, had been submitted by of unit by the was both for a smaller 240,000 kilowatt unit, future electric power load requirements in¬ needed. General and by the "is Electric larger date, scheduled is than according any to that for the delivery foreign Florida Power & in Sep¬ concerns Light Enterprises, The ($1 corporation —-The Co.— on 200,000 covering per p. 2565. by directors and promoters. officers, Inc., Spokane, Wash.—Files July 7 filed a letter of shares of common stock share), without underwriting. proceeds are to be used for With Gate notification with tha be offered at par to advertising,--promotion^ offica working capital. and expenses City Steel Inc., Omaha Debentures Offered — headed by the First Trust Co., Lincoln, Neb., on July 8 publicly offered $900,000 6% sinking fund debentures, series A, due May 1, 1969, at a price of 100% and accrued interest from May 1, 1959, to date —A group delivery. EXCHANGE , bids Galen OFFER—Concurrently, the group was underwriting tha sinking fund debentures, series A, due May 1, a par for par basis, for a similar amount of outstanding 5% sinking fund debentures which the company plans to refund and retire. Holders of the outstanding debentures were enabled to exchange them for the new instruments during the 10-day offer of 1959, to be period $350,000 from underwriters tures not of on effective the have issued in PROCEEDS—Of $900,000 6% exchanged; date of the registration agreed to purchase any of the new exchange for the old debt. the debentures, net proceeds of the sale of about $100,000 will be advanced rrr 189, held 2563. p. Securities and Exchange Commission— of Large Unit— a and foreign manufacturers reappraisal a Light Co.—Buys purchased has Department. domestic dicated & 300,000 kilowatt steam turbine-gen¬ unit from General Electric Uo.'s Large Steam Turbine-Generator company • —V. *612,000 sh3. non-assessable (par $i) SEC consisting of Florida shares, Outstanding 1,000,000 shs. voting Common dedicated platted lots borderning Lake Placid, Fla. This land has clay roads. The company also owns 260 adjacent acres, and plans are underway to sub-divide this area, with improvements to include paved roads and a canal connecting Lake Placid and Lake June-in-Winter. (7) Acquired an option on about 500 acres of land in ,South Dade County. This property is zoned industrial, and Florida Land Company has no immediate plans for its use. This Authorized which has Lake on Felipe San and Lake Blue. This sub¬ paved streets, city water, Clay Lake Blue Lake public Purchased (6) become bordering known hydrants, spring-fed to FINANCING PRESENT TO sites. acre Purchased (5) owns division, fire three this $15,000. note payable, EFFECT with all physical improvements such as paved streets and landscaping. Temple Heights also owns 310 acres situated close to Lake Placid, Fla., with a road and public lake beach only a half mile away. (4) Purchased a parcel of land—80 acres—with road frontage on sets The of servicing and repairing its business tinue , boat contract to a acres for estates, a Marina with motel slips, restaurant and lounge. planned now and dations company's resident agent in Delaware. will be held at 100 East Minner meetings also plans to exercise its option to purchase the entire operating interest in 16 producing wells" on the Dickey Lease in Kern River Oil Field, Kern County, Calif." It will also seek to obtain a as the company South Dade (Miami) County. subdivision, including about a country club, park sites, 40 acres plgnned for com¬ in acres for directors' heater has: ■ mercial (3) 1,280 zoned incorporated under the laws of the its principal office in the Bldg., Wilmington 99. The Calif. Oildale, forth Miami. 18-hole golf course, for school sites, and an reserved acres buy and homesites, is Service Co. and was St., The company's production facilities are located in Taft, Calif. Company is successor to the former Fran-Well Heater Co. Its function is the manufacture of oil well heating equipment in order to stimulate and increase oil production. Three types of oil out¬ firm, formerly known as the American-Caribbean Oil Corp., com¬ May 6, 1959, and Delaware Trust on Market 900 is Street, issued company Delaware of state Stockholders shares Offered—The Stock is offering, without underwriters, 300,000 common voting shares, non-assessable, at a price of par ($1 per share). The securities are being offered as a speculation. pany 15. (Del.)—Organizes— corporation, Inc.—Common Fran-Well, Vice-President a Vice-President of North American a several of which Corp., and announced was extensive an has been He distributors own Delaware (1) This V. exclusive 189, " with compared to is Corporation executive the the below.—V. Co. company's prospectus lists John C. McCormack of Albuquerque Principal stockholders are L. R. Allison, of El Paso, 520,000 shares (34.9% ); B. G. Johnson and N. J. Skonren, both of standing to nearly 5,000 stockholders, has announced a series of options, contracts to purchase, and purchases. The company recently qualified to do business in Florida and opened but became merger. The $40,743,118 p. company, Management Banks Mr. Co., his Florida BUSINESS—Company, with its executive offices and plant in Brook¬ lyn, New York, is engaged in the manufacture of monophonic and stereophonic phonographs, stereophonic conversion kits, intercom¬ munication equipment, and telephonic intercommunication systems. In 1958, in addition to its manufacturing and assembling operations, company the offering is to be made which will receive a Co., & a as 1153. p. PROCEEDS—Net accounts Rubber States The Mae corporate offi¬ 30. 189, elected been investment distribution. Securities D. Sherman & Co., New York City, and associates. Offering oversubscribed and the books closed. and approved had estimated cost $3,000,310, of which $1,079,725 is said to have been expended and accrued to July 3, 1959 (including purchase price of land). Net proceeds of the stock sale, together with $865,920 realized from shares previously issued and $1,100,000 proceeds of a mortgage loan, aggregating in all the sum of $3,195,920, will be used for completing Sunland Park and for general Ex¬ L. inventories it 614 miles from downtown El Paso, Texas. of construction and other costs to opening date is Net sales in the the year-earlier 1959, 31, year-earlier June have Corp.—Registers With SEC— share, plus $2,500 acquired officer, are 1959, in share, year from •■■••: boards reported that (while owning about Dubilier, Buell There had beets Federal earlier. $13,319,184 in the $43,784,943 Ford 1958, Aeronutronic, of which are 30. ended share, year United open-end amount Electronic Industries, Inc.—Common Stock fered—Public stock two bondholders also official said hearings sometime Fanon 1,638,624 shares of fiscal the President company currently held and Delaware, would Sept. I Beach, Santa interest Plans stockholders common the ends year ■■■.'V; high-level be to Newport Organized in 1957, the company proposes to conduct thoroughbred and quarter-horse racing meetings with • pari-mutual wagering, commencing in October 1959. Its facilities, under construction since April 1959, are expected to be completed prior, to that time. It has Cor¬ Fiduciary Mutual Investing Co.—New Official— U. April, fiscal of end share. per William four ended from the majority Ford said. in Glendale, located throughout Inc. Emerson. was 257. Western & of stockholders shares (Erie-Delaware RR.) Lackawanna the price Presi¬ provisions of the agreement entered into purchased the Webcor stock. (See also Webcor, Erie RR.—Merger Under stock 20% course Abrams, material Emerson below.)—V. its over this $12,429,731 and space located at 1220 Simms Building, Albuquerque, N. M., registration statement with the SEC on July 21, 1959 covering shares of common stock to be offered for public sale at $1.50 a per the company. the a into 20% partner of Skousen-Hise. On July 1, partnership, and N. J. Skousen made the and as an inducement to make such loan, the company granted an option to purchase 150,000 common shares to Allison and 50,000 shares to Skousen, at 84c per share until June 30, 1961. Allison is a 39% partner in Allis:>n Co., which has a 75% (2) July 15 by Benjamin on premium Emerson out carry time made to Executive both common a Ford said, programs, Ford year. Minor, company 3,400 Phonograph Corp.—Resells Webcor has a stated interests Haffa was months cents push has received sub-contracts totaling $2,250,000 to supply five kv. metal-clad switchgear control consoles and low-voltage controls for prime diesel generating units being built under Corps of Engineers contracts for missile launching and tracking facilities This announcement to company's This Stock to Haffa at Premium Price— An six 15 or military to 1956 Aeronutronic and Ford United 1959 40 Emerson the the filed and Receives Missile Base Contracts— The p. named seven-member and the to time in This corporation, ideas." purchased on The price paid officials Deeley, in the like period $1,990,140, or $1.84 a increased, however, to Mont. It was formed principally for the purpose of constructing the "Ellis Ultraspeed Cameras", conceived by Dr. Albert T. Ellis, the company's President in $100,294, equipment, reported net share, in the nine months were offering circular dated July 2, the company of¬ fered an issue of $195,000 6% five-year convertible sub¬ ordinated debentures at a price of $100 each. Convert¬ ible at any time prior to maturity (or call) into shares of capital stock at a price of $5 per share. under the at advanced Calif. Maywood, the through railways Pacific, which produces electrical transmission and distribu¬ income of $1,575,880, or $1.09 a common tion of Laboratories, according board of $51,948 The period. acquisi¬ over an National Ryan, the declined wholesale Via Ken on of loss net under¬ properties management new sales elected directors. were earnings way.- tion and and operations are Fortuna "present manage¬ retained and no changes vacancy in formed Granted License— Vice-Presidents. Hollister engaged was entertainment currently are the areas." directing phases these each unit's of this Frank and cials with M. Cornell-Dubilier's been year. a personnel" of the company will be current operating policies are contemplated. Resigning from Cornell-Dubilier's board were company's land on in holdings properties. program. valuable - Theatre and expansion industries program the the according to Mr. heart Other is improve stated, second phase, and anticipate the growing chain of EVC Theatres some¬ other and Zabel Mr. of had Pacific President as stock, common invested $4,000,000 approximately 95%) and $2,000,000 in 5% convertible debentures. In addition, it was then obligated to buy another $3,000,000 of debentures in the first quarter seven- product new 128,000 on Aeronutronic's of 1,000,000 than Cole, be . The unit is building a $22,000,000 engineering and at Newport Beach, Calif. By 1962, Aeronutronic ex¬ center stock in announcement utilities, for outstanding of more disclosed. are The Cornell-Dubilier increase shares Cornell-Dubilier Blake, ecutive the Lippert conventional ElectroVision's acquisition, i theatres 38 potential," the Summer." substantially field. F. drive-ins 14 stretches remainder of the acquisition between in Edwin the vr • specific plans the Federal what period a Cole board to ' programs. Both other products. as not was to to Federal over elected is subsidiary At been 90% than more pects to employ more than 4,000, engineering and scientific personnel, Louis three period presently late Purchase of The H. Roby and Edward Cole, is chairman of Federal Pacific. Mr. Roby is executive Vice-President of the company and Mr, Bierma is Secretary and Treasurer. Bierma. in acquiring 29 theatres chain with the purchase the Fresno (Calif.) area in of research officials—including Thomas '. holding the rest, an announcement said. Ford's that at the end of 1958 Ford held approximately the outstanding common stock. In the merger, one share stock will be exchanged for approximately 2.4 shares of Ford See and common market nell-Dubilier's in notes, of and additionaTtheatres will join the Vision and owns missile Working Control Cornell-Dubilier. of electrical well for 512,000 for expected as four will effective division, a report; said Aeronutronic below: Corp.— learned store coverage Cornell-Dubilier circuit top, to regard are time step California. With of board. in makes industries open July 3. on Lippert hard or drive-in pictures first the Lippert Theatre from the undisclosed tional, 95% Ana the operated as and ^ annual 37,500 Co.—Gains subsidiary,' majority-held a Aeronutronic personnel or Underwriting forth Inc., is engaged in advanced military programs, Ford said, recently was named prime contractor, by the Army for a $23,000,development program for a surface-to-surface (anti-tank) rocket. 000 four immediately have "is move Cornell-Dubilier ment ElectroVision Corp.—Acquires Lippert Properties— an severally the set stock According to Cornell-Dubilier's announcement, "We below, (Mich.)—To Merge With Unit— Systems, 1. and par 93,750 president—have the Aeronutronic share, no common 18,750 that Manager the parent company into Ford named _______ announced Pacific officials the broader stock. common initially by public offering price and price to employees, and under¬ writing terms, are to be supplied by amendment. Merrill Lynch, Pierce,. Fenner & Smith, Inc., is listed as the principal underwriter. five of share. __ Electric Cornell-Dubilier the employees. Any of these shares not purchased by employees and the remaining 168,500 shares are being offered for public sale through -underwriters, 28,500 by certain stockholders. No .''art of the proceeds of the sale of such 28,500 shares will be received by the The July 1,000,000 per having Inc._ announced Cornell-Dubilier Cole, A stock, Co., Pacific been roughly its dent, cents shares 300,000 common Co of manager Aeronutronic merged top officials of this Newark, N. J., corporation have acquired working control of Cornell-Dubilier Electric Corp., south Plainfield, N. J., through acquisition of 25% of CornellDubilier's outstanding common shares. said registration Accumulation & & Co. & of the Whitney Chain Com¬ Bros, corporation, has been has been assigned the dutifea company's Hartford, Conn., plant.— Works 258. p. Ford Motor Co. com¬ 2564 p. has Pacific Securities— This corporation, located in Milan, 111., on July 23 statement with the, SEC covering 188,500 shares for 20 stock common underwriters subject to the terms and the number of shares of L, member Eagle Food Centers, Inc.—Registers With SEC— company. the their of Cornell-Dubilier Electric 676. this of authorizing of value par of shares outstanding, into value of 20 cents per par 190, common and and UNDERWRITERS It of capital authorized the the the issued a of operations V. stock, having no par value, outstanding. On April 17, 1959, a Incorporation was filed in tne Office of the stock, Gear & Machine Corp.—New Official— Horsefield, 450,000 shs. of State reconstituting value, 1959, S. of Outstanding 257. Magazine— 2889. p. Dreyfus Corp—Files for Additional and FINANCING 1,000,000 shs. of common of 17, shares issued Bros. pany, recently acquired by the Foote elected a Vice-President of Whitney and The "Monitor," (formerly "Monitor Magazine").—V. to April 200 Certificate was internationally circulated oil and gas abstract magazine, by this corporation to Petroleum Publishers, Inc., of Denver, Colo., was announced on July 13 by J. B. O'Connor, President. The Denver firm publishes "World-Wide Mining Abstracts," "Rocky Mountain Oil Reporter" and "Rocky Mountain Oil Directory." It is changing the name of "Monitor" to "World-Wide Oil & Gas Abstracts" Of EFFECT par)____ were Federal Dresser p. to of which Dow products and services closer to the growing Africa and to effect a closer working relationship of customers entire 16, (20c consisted of and Foote net representative, L. D. Sherman & Co. have entered into a firm commitment with the company, pursuant to which the company has agreed to sell and the underwriters have severally agreed to Johannesburg, in July had company Shares industrial with office Allgemeine William the 1959, 31, A. established the all through Opens New Office in Johannesburg— Opening of a new sales Africa, was announced on stock NOTE—Prior pany plant 154. p. by company. Jan. Authorized of 400 acres. area waste acreage to capacity to handle the 300,000 persons and the refuse of a city of capacity could be doubled if necessary. biological waste treatment plant a refuse The have now ended $1,183,034. Restate plants from sewage units treatment More site. acre treatment 70,000. other the than 4.500 a equipment manufactured Germany year CAPITALIZATION GIVING Incorporating, for of Common buildings West a Midland, at Mich. a intercommunication Fabrik, 5 (357) SALES—For" thie industrial incineration plants was dedicated finest home the The Commercial and Financial Chronicle . . . through Million $2 world's the July on 5867 Number xT,->ffcnoin?(>rin? Inc.. statement. The series A deben¬ the new issue of to the company's and the remainder Commercial and Financial Chronicle The will . Monday, July 27, 1953 . was incorporated under the laws the name Gate City Steel Works the ousiness and .assets- ot City Iron Works, a Nebraska corporation organized :n XS31 'which succeeded a partnership of the same name lormed in 1920. The company and its wholly-owned subsidiary, Gate City Steel, Inc.—Boise J "Gate City—Boise" > arfe engaged in steel warehousing and fabrication. The company's wholly-owned subsidiary, Moffett Engineering Inc. iS oSmariS engaged in the design and manufacture of neavy duty custom built cranes. During the period April 1, 19o4 to Nov. 26 19o7 company's the of ell company stock common but Mt3te n°te- WOO.000 expenditures nnnnnSshs f 895 366 shs ,,89o,3fab shs, , fund payments of $45,000 are due on May 1 of each vear until retirement. (Reflecting sinking fund payment of May 1, 19o9. tAnnual sinking fund payments are due April 25 oi each year,-beginning 1961 until maturity in 1969. UPlus any shares that might have been issued subsequent to March 31, 1939 upon exercise of warrants. $370,000 110,000 Co 110,000 jnc 189, Co., & $473,871 of payment after $318,407, preferred stock purchased and retired. Net profit from the sale of securities for the six months $1 833,967, all from long-term capital gains. Net Income from dends ' and interest for the period, after expenses and state municipal taxes, was $497,988.—V. 189, p. 2783. leases lias on 5,587 en divi¬ and area, the in acres Island Plumb the where area, , Acquisition— its of Also —General cated American to section lield threatening currently In . blow-out a two Instrument next stock, common Oct. based the The well flowed Application for a horizon. filed been with completion, also a day. the Wilbur agreement all for 3,065 tical controlled. but Commission. section Strawn This at the a rate of sales The Argentine tion 480 with the Railroad Commission.—V. 189, Corp. (& Subs.)—Earnings— The Provision for Minority income 541,651 81^357 interest tNet income tax____ earnings—— Preferred $932,281 dividends available Number N»*t of shares Profit 190, sales sale on of earnings Bank securities, 189, of $0.70 1959 of General Electric earnings Board the of and profits, $99,400 for for etc. the entire first the year 1958 ' Sales and $0.74 $0.42 $5,804 Co.—Sales and during the first Earnings Increase— six ended year Net an sales billed months showed 1959 of increase sponding of 4% period a the over year first the of were year W. $1.34 to first Mr. to a against half of share $1.18 of or share amounted to said. stock and 5.2 These and 5.7 cents earnings cents per per dollar were of sales sales, for pav and benefits cents He said were that of the continuing company's four principal, product classifications, the improvement begun late last year, while one new A of j wholly-owned subsidiary, baked product. a distinctive quality a to increased volume earnings and for the %• sales for for the last year previous sales year. forecast 348,216,629 were „• .; . for is 1959 in earnings over estimates earnings at compared and .. . 1958. with $51,900,000 cor¬ v for 1959. directors declared. a 15 cents per share; dividend 1 to stockholders of record as of July 15.—V. Synthetic substantial fay Australia Located $1,20 share per Rubber in interest Synthetic & at Cement Co.—Reports Gains— earnings after earnings ended quarter and net and in July, 1961. synthetic > Venture— The the both for after had . $3,with and President, said that restated to reflect the opera-, which merged was the the shares the 1958 of latest stock common first for totaled outstanding the General Time as $25,573,500 against Profit— Mar 22,*59 Mar 23, 58 to to Net operating income Jun 14,'58 $12,344,728 1 Operating costs & expervses__-_ Other of in is Net before income foreign income Federal for Los $631,729 76,374 *$563,477 34,532 ' income for taxes :___ $708,103 359,469 *$528,945 Cr238,968 $348,634 foreign income ... St. belt a 111., new travel to be installed outside aboard the S. S. Kaarina system July Lawrence 17 Seaway. link second a new for form transportation for of world trade, transportation, Sidewalk", the idea of transporting human cargoes by conveyor comparative infancy, passenger conveyor belt systems i nseveral American cities, including Chicago, its installed Angeles, City, Jersey Calif. Atlanta, and conveyors Ga., recently "Tomorrowland" in Gould-National Preferred stock common authorized Batteries, Inc.—To Increase Common Stock— stockholders The on from will 4 Aug. 1,000,000 stock preferred to from consider 2,000,000 35,000 increasing the authorized shares and increasing the to 100,000 shares.—V. Corp.—Benzene Plant Goes on Stream— Gulf Oil of corporation benzene now plant benzene moved to the fore as a leading producer large—over thirty million gallons per year- has that its is on stream at its Port Arthur, Texas, refinery. sales $24,541,104 J4, 1958. for.the fiscal compared with year to June $19,314,429 for modern The new plant benzene. in of consists a catalytic reformer and a purification catalyst converts the hexane-rich stream to a mixture The mixture is then solvent extracted and distillect,- unit. A platinum rich to produce pure benzene.—V. 189, p. 1467. Haley Oil Corp.—Enjoined By SEC— The • Judge Act *$289,977 ,. 13, 1959 (24 weeks) the 24 weeks ended Consolidated net profit for the first 24 weeks were June ended June 13, 1959, was $695,956, compared with the consolidated net loss of $351,513 for the first 24 weeks of 1958.—V. 190, p. * plant produces the highest quality benzene commercially available today. Substantial amounts of toluene are also producedj Foodstocks are drawn from Porth Arthur refinery streams. The SEC Chicago M. Ralph Regional Office announced July 21, 1959 that Detroit) had permanently enjoined (USDC, Freeman T. in the offering and defendants consented Hercules The Net 188, 2642. to sale oi oil interests and the injunction. Powder Co Haley Oil stock. Tho - (Inc.)—Earnings Higher— *Loss. • at being planned also for shopping centers Calif, and Aberdeen, Wash.—V. 189, are Diego, San most Haley, Haley Oil Corp., and two other individuals from further violations of the registration and anti-fraud provisions of the Securities Federal and taxes and - , Australian Commonwealth is being built by Vacuum the of which 2784. p. 9,596,499 expense provision Chicago, the of avenue been Fred Provision - $9,033,022 11,712,999 ._____L_ income (net ; period's to 61 cents $33,479,100 Corp.—Reports sales Ma- plant at June 13,'59 Net part is project conveyor left via Seaway, the Although have equal earnings were a share. quarter's the . plant passenger States Europe "Moving This sales Melbourne, Switzerland. p. merger, and General into T. built, the a-recent American invention. The passenger conveyor belt system designed by Stephens-Adamson Manufacturing Co., of Aurora, 111. and equipped with a special pass¬ enger belt manufactured by the Goodyear Tire & Rubber Co., will be installed in the fabulous new innovation department store at Lucerne, Board been Corp., Co.. by Ltd. PTY, Thus the , 5,271,966 share a the 1959. 30, of years Cement of being plant rubber Co., Ltd., has been acquired Australia Ltd., according to F. hear Petro-Chemical United bound and Chairman synthetic new . Co., compared the corresponding in Rubber Altoona, new $50,000,000 at were 1959, 30, June $3,222,000 of taxes a Rubber being built at a cost of more than $11,000,000, will have a yearly capacity of 30,000 long tons of styrene-butadiene rubber and is scheduled for completion belt in the first half a year ago. Net earnings after taxes were $5,990,000, equal to $1.14 a share, compared with $4,593,300 and 87 cents a share in the 1958 period.—V. 189, p. 2350. amounted during Federal, State and local taxes ar.d renegotiation, in addition to indirect taxes included in prices paid to suppliers. . Sentry 2137. became the $48,832,000 from the same period last year. supplies ar.d services from the company's more than 45,000 suppliers totaled approximately •950.000,000 General Electric also made provision for payment of #162,332,000—roughly 39% more than the company earnings—in direct three % Markets. Bakery, increase Disneyland, second basis 30, 73 Net that emplolyoe the first half, up Purchases of material, reported regula¬ Aires and the construction of the manufacture of engines. for $19,328,200 Storey, Six-month 1958. Cordiner $865,564,000 made in part by Markets, Inc., be by part Ships Passenger Conveyor Belt System— ago. April to equivalent dollar in Crestwood contribute consolidated p. Oil provide for the manufacture of The expansion program contemplates a utilization of two plants General Motors' $2,065,444 000, of will inventory Goodyear Tire & Rubber Co., Akron, O.—Enters Into Argentina— • billed during the corre¬ Earnings for the current period were 13% from comparable earnings in the he common per months were 2890. p. of an Argentine automotive products. of Buenos Consolidated the On a, $1,978,994,000 ago. #117,239,000, up $13,858,000 subnormal period last year, as six investors and .' net company The 1958, provisions the steady for 30, Sent. 189, improvement begun last year, Chairman of J. Cordiner announced on July 13. Ralph Mrs. and total amount of $135,000. a • - Dr. „ $15,229,600 a Portland $0.04 security to announced July 17 eventually would provide Argentina for an annual volume of 20,000 vehicles. in statements the tions etc t Includes 45. p. continuation the 2^327,544 share__ per only, group months —V. 2,327,544 $0.42 ______ issued other products. and the in of Smith stock: common on be would plant a Portland sales 851,600 $1,727,437 earnings all Passenger belt $932,284 ; outstanding at 155. p; General Net 72,482 to 12 Australian Motors bodies June Total •Ix stock common earnings per share Operating • for and operators; consumers $45,554,287 189, New expansion proposal period Net under trucks. in the increase facilities the —V. $1,799,919 / ;_____ fixtures On July 9 the payable on Aug. $2,422,927 261,153 tax Dec. 31,'58 $1,289,009 45,572 before *Year End. June 30,'59 earnings the Argentina operation, established in 1925, as¬ sembles automotive vehicles and manufactures batteries, springs, com-, 6 Mos. End. Net . announced that a proposal for a $20 in Argentina had been made to the 16 investment General The mercial General Bancshares 14,000 r is sold develops company ? developed Stores The facilities manufacture the operates including facilities, 2350. p. from range Inc. responding Harris. of $66,071.—V. was July on medium and substantial or fiscal the of GM government currently has been filed each, in income net proposed light and Clay Counties (North a test of the Conglomerate approximately 6,000 feet. The well, known as the General American-Moore Estate No. 9, flowed at the rate of 211 barrels daily. Application for an oil discovery allowable of 120 barrels depth of will stock the in Motors Corp.—To Expand in covering The formation a Harris expansion Near the intersection of Montague, Jack Texas), the company successfully completed at of corporation million dual well, additional, six in will size. the Market Sentry viz: with Harris, owners of Harris Transducer, which makes acous¬ for military and commercial uses. The 7,500 shares were, General barrels shares common by General at $18 $2,987,698 and is well The in Consolidated devices Net pressures disclosed were said Instrument T. valued made a Spraberry sand discovered Red Loflin (Strawn-Ellenat the rate of 191 barrels daily from 100 barrel a day discovery allowable the from high result that all of the new units gennis, President of Goodyear International Corp. the company Railroad Texas flowed drilling, Dam. Goodyear Tire exchange General lo¬ acres start should in The company has drilled of course encountered were 1,500 some 1960 1959 West Bend. openings will and for Beaver sites Godfrey. by company. value. market under for will operate with 31 Sentry Markets by the end of this will be owned by the company and its subsidiary, Sentry and 19 will be owned by franchised operators. Seven Sentry Markets will have been added in 1959. Face-lifting of existing units and continued upgrading of affiliated profits over the five will be paid in General current scheduled Godfrey Co . year; Markets, I.G.A. then and Racine additional Sentry assure net This the four and York Stock Exchange's announcement of its authorization to list the 7,500 Gen¬ eral Instrument shares. The company is issuing the additional shares the of Terms Parish) (Calcasieu 1. on Kenosha, scheduled sites which estate back The cumulative Pewaukee, feet in square real Godfrey Co. * Harris' already with area, construction Godfrey Co. Godfrey Co. to Harris Transducer will receive of the first $250,000, nnd 20% of every-, Instrument 25% Milwaukee under pansion planned for Sentry privately-held of over fiscal ' • v subsidiary. increased its equity capital earlier this year through a public offering of 100,000 shares of its stock. The offering, first in the 89-year history of Godfrey Co., was well received and proceeds are considered adequate for financing the ex¬ _ announced said it will pay 7,500 shares the acquisition of Harris Transducer Corp., for owners $250,000 of years, beginning thing production from the Cock- where gas tested. West Texas, to the previously being Field. hurger) ha.s In Garza County, discovery close this indicated. is in df Lake Charles. depth of 11,586 feet, a interest 43Vi % a owns short distance north a well a Louisiana Southern for Investments Conn. the General from - ... stock common Woodbury, company 20,000 recently corporation 1960, according will total nearly and inventory year. Godfrey stated All sonar This the in units Milwaukee. at next franchised unsuccessful. in Fall this a quarter figures do not include those of Harris Transducer and anti-submarine warfare devices specialists, which recently acquired by General Instrument Corp.—V. 189, p. 2890. was 3431 in the Little Bayou Misale area where the company has agreed to join Sun in drilling another 12,500 foot test well prior to Sept. 30 of this year. The company owns additional leases covering approximately 3,000 acres in the immediate area. These three undertakings are in addition to the South Louisiana activities mentioned in the last letter. In this connection, the well there reported drilling on a block owned 50% by the company was prospect—also located be additional are located in Construction at three leased first The Corp., cluding the company's State Lease No. another on Expansion— Store 16 new stores by year end corporate opening to . Mr. has 916). agreed to share in the drilling of a 12,500 foot well to be spudded or before Sept. 1, 1959; and (c) A pooled block of 4,420 acres in¬ In will Six „ Benedek also announced that, since May 31, General Instrument received new military contracts totalling approximately $10,000,000 for telephone terminal equipment, airport control consoles and radar equipment, bringing the company's current military backlog to a record high of- $19,100,000. Total company back¬ log is currently $28,500,000, he stated. ' Sales for-the first three months ot fiscal 1959-6C totalled $12,728,831, as compared with $8,679,027 for the same period last year. Net earn- ings were $211,129 or 14c per share ion 1,497,723 shares outstanding), more than double the $87,916 cr 6c per share earned after tax credits in last year's first .quarter period, (When there were 1,373,273 shares outstanding). Earnings before taxes were $456,829, more than five times the figure after tax credits for the same period last year ($87,the report, issuing jn President, on June 30 said: Lonesom'e High announced 36-year history, it was Chairman. northern Eddy County, N. Mex., the company lias just completed the 12th producing well on a wholly owned block oi leases covering over 3,500 acres. Although activity on , this block has been mentioned before, subsequent results have been Impressive. Producing from some 2,100 feet, these wells have pro¬ ductive capacities varying from 300 to 2,500 barrels daily, although curtailed by state regulations to 36 barrels a well daily. Plans for full development are in effect with four rigs currently in operation. In Southern Louisiana the company has made an agreement with Sun Oil Co. on three exploratory prospects in Terrebonne Parish. Under this arrangement. General American will participate to the extent of '/4 interest in the following: (at Twenty-one leases covering 2.B82 acres in the West Bayou Rambio area where Sun is presently drilling at 14,800 feet on a test projected to 17,090 leet; <b) Four the In year and sales the company's July 14 by Martin H. Benedek, Board was Report Oil Co. of Texas—Progress General American Gordon Simpson, highest the to 195S), pet-profits in- 31, May glass-lined new construction. Mr. over the same period last level for'any first quarter in approximately 130% 46% rose (ended quarter liscal first the For complete ' ■ that the company's fast growing group of units are all to be located in southeastern stated and Negotiations, creased overseas. a Wisconsin. markets 130%— Up Corp.—Earnings . President,^.Godfrey Company; real estate, equipment, in Godfrey franchised Three Instrument General $212,081 for dividends and in Mr. southern widely include which Co.^—Plans $6,000,000. to distributor of liquefied petroleum gas, 4 acquired majority interest in Texas Petro, a producer and wholesaler of natural gas liquids, last April.—V. 189, p. 1129. the six months was increase for the acquisition, Buck O. Houston. General Gas, major , this E. Gen-Flo, called latex improved coated papers as the textile industry in rug distributed is facilities, Godfrey, E. James Commerce in Investors Co., Inc.—Acquisition, etc. In the report of this company, Frank Altschul, Chairman of the Board stated that as of June 30, 1959, net assets were $69,393,842 as against $68,438,832 as of Dec. 31, 1958. The June 30, 1959 amount includes assets aggregating $636,602 in common stocks at market value and cash acquired on June 12, 1959 from William C. Ferguson Corp in exchange for 17.927 shares of common stock. of of in 50. p. Investments Board— Gas Corp.—Banker on Unit's new, Sentry Markets is to add to the board of directors of Texas Petro Gas Co. of Houston was announced on July 14 by Hal S. Phillips, Presi¬ dent of General Gas Corp., which holds controlling interest in Texas • Petro. Mr. Luck is Senior Vice-President of The National Bank of General American Exclusive in election The 2457. p. used single valve, multi-stage units are applicable to ratings, speeds and steam conditions imposed on the petroleum and chemical industries.—V. 190, p. 258. and States in and system, also provide for production of styrene-acrylic latices, Acri-Flo, for newly developed exterior latex paints. — V. Godfrey of range General Inc. ^ J—,75,000 > Don A. Chapin Co 75,000 Eugene C. Dinsmore_ oO.OOO Bosworth, Sullivan & Co., —V. wide 190, , paints, agent, additional called these addition, In a ' United The . styrene-butadiene a latex reinforcing the Department, ,, has additional product, reactor ,, . is used in a binder backing, textile printing inks and in the treatment of upholstery materials. "This expansion was dictated by the mounting demand for our product," said Sam Salem. Chemical Division General Manager, point¬ ing out that Gen-Flo is used by almost every major paint company in The and 110,000 Chiles-Schutz Co. T. C. Henderson of Trust Co. Nebraska & Offered— expansion of its .textile latices at $350,000, 50% paint, paper, and a largest producer in this field and second, in also augmented its tank car fleet to take production. third customers, the of rubber-base turbines First of number Department. Yiames Lincoln, Tire, Expansion— Rubber Co—Proposed & . Trust Ohio. General be 15. N. has completed the production of for facilities goods. producers for York made at the Bankers Y.—V. 189, p. 2783. will Payment company Mogadore, Accoiding to C. UNDERWRITERS—In the underwriting agreement relating to the $900,000 of the -amies A debentures, the underwriters named below have agreed, subject to the terms and conditions therein set forth to purchase the debentures set forth opposite their respective The The pre-engineered, single-valve, multi-stage mechanical drive turbine specially designed to permit significant price reductions to meet petroleum and chemical industries' requirements is, now being offered by the company's Small Steam Turbine Department, it was announced on July 14. ' : . Designed for pump and compressor drive applications, this line ox mechanical drive turbines utilizes "building block'' components to reduce engineering and manufacturing cycles. •' Turbine offering of Boettcher General Tire . electrical the of picture Utilities Corp.—Partial Redemption New Wall Street, 16 B. Seelig, Manager-Marketing for the "Small Steam pre-engineering and manufacture of the -line by the "building block" technique permits downward price adjustments starting at 15% lower than handbook levels previously offered by the cumulative 1,000,000 shs. • Turbine New -Annual sinking - Co., A 4 preferred stock (par $20) stock (par $1) plus business improving the on interest. accrued inquiries, for such equipment will not late this year in subsequent now until and ICS care 111,000 Common orders taken earnings that sales in of & corporation has called for redemption on Aug. 31, next, $810,600 4cumulative income debentures due Sept. 30, 1969 at 100% The currently in recent industry as a whole, Mr. 'Cordiner cited as particularly encouraging signs for the months ahead the increased consumer, spending on du¬ rable goods and announcements by many industries of planned future 1,250,000 banks emphasized periods. Commenting ,5313,000 1,250,000 * had there reflected be FINANCING Outstanding Authorized Unsecured notes payable to fiVv'Zn sinking fund series A, weeks "Chronicle" of July 20 under this head¬ appeared under General Precision Equipment Corp. appearing in the item General Realty the heavy • business, the outlook for its future than it has "or some time. He said that been an increase in orders and customer equipment brighter appears owned by Husky O.l Co., was ("Husky";, Cody, Wyoming, a Delaware corporation. CAPITALIZATION GIVING EFFECT TO PRESENT 4'due l906-mOrtgage electrical The ing should have in decline, hand, shipments of heavy electrical equipment continued following the pattern of.recent quarters. Mr. Cordiner added that despite the immediate state of June 1. 1943 under the company acquired Corp.—Correction— General Precision to The three that continued general decline. experiencing a improve on the basis of shipments were'industrial components, atomic, electronic and defense products, and consumer products. On the other on 1948 In issuing The Delaware Inc still was bank bor- parent company's short-term the reduce to used be rtiqtnesS of ■ . (358) € 259. net a company income Net share For equal income of the in reported $1.36 first common second for to the a six the six months share of common months of 1958 ended stock. was 30, June equal to 1959 89 cents stock. quarter of 1959, net income was equal to 79 cents a Volume share of 190 Number 5867 stock. common This quarter of 1958, equal "to 53 sales Net quiring were, 1958 . This the three top announced least at and U. S. initial order An year's he added. in 1,500 will may have promptly, Mr. Jacoos said. ordered more than 4,500 small cars," being small order car May, would Chevrolet's are Corvair, Ford's by total —V. 189, late Spring of $103,000,000. The statement next Included small car this in order car Mr. Jacobs added. and truck purchase year, its order were 32,000 in capital July, and west. Co.—Employee Stock Plan Filed— purchased be may pursuant Hotel Corp. Reaching of America—To the to and with 25,000 shares thereto.—V. 186 announced 250 room, 9 operate a Quito, South America in major a will the operate under property terms the of be held in HCA that following sjthis first venture in in Prudential the Charterhouse Waltham, and have and been in: the Washington, Buffalo, —V. 189, and Lodges N. for Anaheim, Calif.; Portland, and San Juan, Puerto Rico. Ariz.; Phoenix, Canada; 2784. p. ■' ■ • Houston Lighting- & Power Co.—Registers On July SEC 23 this covering $25,000,000 of ■! . - With SEC— registration statement with mortgage bonds, to be offered filed company first incurred were to Construction expenditures estimated 541,280,000.—V. at the finance for will be 189, tion last p. seven securities being are amounts offered PROCEEDS—Proceeds organized resort York mer theatricals City. addition, In and the from will sale used be Castkills the in Mountain Hunter on New weighting also the company entertainment other are Stock on of a a Directors the company Orla are by newly the plans to produce sum¬ recreation area. was 189, 2676. p. used company from the for (1) the ordinary exceed to one-third the of sale of addi¬ operation of receipts price of $5.50 Co. and lation. Stock Corp.—Common Transistor Industro Public offering Offered— of 100,000 shares of common stock at a share was made July 23 by Hardy & per The stock Allen & Co. offered was as a specu¬ PROCEEDS—Net proceeds will financing the from used be for by the to reduce notes payable to a factor, accounts payable and payable to an officer, and for the purchase of new equipment line. The balance of the proceeds will be added to the company's general funds and will be available for working capital. its production BUSINESS—The principal office and plant in Long Island City, New York, is engaged in the manufacture and sale of PNP (positive-negative-positive* alloy-junction germanium tran¬ sistors. These transistors fall into five general classifications: com¬ corporation, with its high frequency types, radio frequency and general purpose audio types. As ^if June 1, 1959, the company had orders aggregating $428,652. Tne principal item in this backlog is a purchase order from General Electric Company for a total of $241,500 for the supply of transistors puter audio used be to general types, types, radio in purpose types, missile Polaris the program. CAPITALIZATION—Upon completion of the current financing, out¬ capitalization of the company will consist of 531.666 shares standing of stock.- common • CAPITALIZATION . Sept. rejected No. Patent requested amended these the prior March two claims was changed and further analysis light of further explanations submitted with and Patent Applictaion No. 752,731 filed Aug. 4, Nos. patent will issue as a that any 19, was the 1958 claims., While pending, there 1958 by broadening certain 691,747 and 752,731 are still 19^ applications assurance no of 19, 1958, as unpatentable in view of 2,621,035 (Marden Patent), and on Dec. result of either or both FINANCING PRESENT TO Authorized stock Common * Of options are —V. this granted 189, p. 100,000 be to or for the applications. will invention the yards granted of exercise to Outstanding 531,666 shs. *1,500,000 shs. _ shares reserved are the for employees and key warrants issued to exercise 33.333 of shares underwriters. the Harvester Co. Develops Eight-Row Equipment— currently is testing an experimental eight-row cul¬ tivator-planter that will do more productive work with less manpower, it was announced on July 7. Harvester, in an effort to meet the demands of highly concentrated farming, has developed an eight-row cultivator onto which planter units can be quickly attached in place of a regular cultivator sweeps tool company The bar. bandits as capacity of implement easily works eight 36 models p. 52. four-row as the latter.—V. 190, to and 40-inch has rows double at the — Common Stock Of¬ of common stock underwriting group headed by made July 20 by an was Bear, Stearns & Co.; Reynolds & Co., Inc.; DempseyTegeler & Co., and Lee Higginson Corporation. The $17.50 a share. In addition to the shares stock is priced at & Knapp, Inc., has offered Webb publicly, sold being purchase from the underwriters another 400,000 com¬ mon shares at the public offering price. Until Aug. 1, time, one Charles D. ternational McBee Life Hilles, & Holdings Corp., Insurance Executive Vice-President and Jr., Telephone about July American Co., and a director Mr. number a Telegraph Corp. subsidiaries.. . *:• of International r- Telephone . ' the was the approximately New York City from the financing, proceeds net will be reserved for construction of the park which it is estimated-will—cost between $15,030,000 and $15,500,000. The company expects that after providing for the New York City park, remaining funds will be sufficient to cover oil or a major part of the cost of acquiring a site for the Miami project. Further funds necessary to construct the Miami park will have to be obtained from other sources. Investigation of a suitable Miami site is in progress. $15,500,000 contemplated is a relatively recent deveolpment, the only known comparable ones now in operation being Disneyland in Anaheim, Calif, and Pleasure Island in Wakefield, Mass. The type of park PROJECT—The New York City park, to be named NEW YORK CITY will located be in the Bronx & on approximately 205 from Webb & Knapp, Inc. realtors, tract known as Baychester Center. be begun at once. The Bronx property is accessible from all other parts of New York City and from outlying areas by a network of super highways, rapid transit subway, and other public and private transpcration facilities. The park is expected to be operated approximately 160 days a year, continuously from May 15 through Oct. 15. The company has no unimproved of leased land comprising part of a 370 Construction of the park will and acre present plans for use of the location during the remainder of the year but it points out that the size of the New York City location would permit further developments such as an auditorium or sports •arena or other improvement suitable for use during the winter months. Admission fees for entrance to Freedomland will be fixed at 90 cents and adults for rides 50 children. The charge for the different from 10 cents to 50 cents. At maximum and amusements will be able to handle for cents attractions and will vary capacity the rides 45,000 admissions per hour. operating CAPITALIZATION Dulles Inc. ' Company, Inc. Kaplan & 25,000 Courts Atwill 20,000 Davis Elkins, Co. Inc. Stokes Morris, 5,000 A. Inc. 5,000 EFFECT TO GIVING stock shares of the (50c par).: PRESENT FINANCING (50c par) of common deferred NOTE—Freedomland. has City executed park a will *1,080,000 shs. 80,000 shs. : long be stock are Outstanding 1,000,000 shs. 80,000 shs. reserved for issuance upon con¬ York & 10,000 Suplee, 10,000 Inc., the lease wholly-owned subsidiary, the land on which the New York company's of of the constructed. 580,000 shares of common Co —V. 189, Winslow, respective stock which are severally to 5,000 Woods— Hess, 5,000 5,000 Yates, Heitner & 10,000 5,000 Stetson Moyer & & Cohu Inc. Co., 10,000 ^ 5,000 Mosley Yeatman, Incorporated Co., . 5,000 Co— & Loeb Woodcock, Sulzberger, Kirkland & Co. H. Hentz & Co. 2351. p. Higher— (& Subs.)—Earnings Shoe Co. International 1959 1958 $ 31— Months Ended May Six $ 134,015,282 117,069,632 Income before Fed. & Canadian taxes on inc.A 8,213,160 7,231,743 Fed. & Canadian taxes on income, (estimated) 4,286,972 3,815,070 Proportion of net profit of subsidiaries ap¬ sales - plicable Net 44,978 3,018,346 1 ■ stock common on Earnings share share per per 42,046 3,881,210 3,374,621 4,024,462 $1.16 $0.90 $1.01 $1.20 interests minority to income ——• — . ————-— restricted as to payment of cash dividends on stock by the 3lA% promissory note agreement. The note agreement also provides that no payment be made for dividends unless consolidated net working $28,470,720 of earnings Retained May 31, common at International Telephone & Telegraph nation's the the in stalled Military Air Transport Service's navigation devices manufactured at Clifton, N. J. The distance measuring equipment is the the by VC-137 jet trans¬ new Force to replace older will be equipped with have been purchased by the Air the Special Air Mission Fleet and in Corp.—Contracts now port plane. Three jets aircraft are units of airborne distance-measuring equipment VORTAC air navigation system has been in¬ first the of One for 1959, 187, p. 2660. capital shall be at least $50,000,000.—V. corporation's Federal division commercial airlines the in lines the Known such as also being installed by majo* Airlines and Trans World Air¬ Its. installation in the VC-137'a American Boeing 707 jet liners. new Force use of this equipment. DMET (distance measuring equipment-TACAN), Air first as provides equipment pilot a continuing information the his distance, on selected ground stations. At an altitude o£ 40,000 feet, the pilot can read distances up to 200 miles. The air¬ borne equipment has been miniaturized by\ ITT Laboratories and weighs only 31 pounds. Each unit is about the size of a shoebox. The compact DMET combines with VOR direction-indicating equip¬ ment to comprise the airborne equipment of VORTAC, the common, air navigation system being implemented by the Federal Aviation Agency. This system also was adopted by the ICAO member nations , at a recent meeting in Montreal, PQ, Canada. The ITT division tenths in of mile, a from providing large amounts of is ground equipment for the VORTA© system.- $42,101,389 contract to Federal, Paramus, N. J., service organization of International Telegraph Corp., for the operation and maintenance of the Distant Early Warning (DEW) Line. The ITT company has been in charge of operation and maintenance on the 3,000-rnile 'DEW Line since it went into operation in 1957, The new contract is for the current fiscal year. Stretching across the roof of North America, from western Alaska ta Baffin Island, the DEW Line is designed to provide an early warning in the event of air attack over,, the polar regions, alerting defense commands in Canada and the United States. The contract will be administered by the Air Defense Command of the Air Force through its 4601st Support Group (DEW). v. , An $850,000 contract for degaussing equipment, electronic device* that protect ships from, magnetic mines and magnetic homing tor¬ pedoes, has been awarded by the U. S. Navy to International Telephone and Telegraph Corporation's Federal Division, Clifton, N. J.—V. 190, Air The Electric Force July 20 awarded a on Corp., Telephone <fe 260 p. . Building Credits, Ltd. Interprovincial — . To Redeerji Notes— all of notes, 102.80% fie the Canadir,* corporation has called for redemption on Aug. 17, 1959, outstanding 5Vz%1 notes, series A, due June 30, 1962 and 5% The its series B, series B, April 30, 1970 at 102% for series A and plus accrued interest. Payment will be made at Bank of Commerce, due Montreal, Calgary, Vancouver, Moncton and Halifax, John, SI. Toronto, Ottawv Winnipeg, Canada. Services, Inc.—Earnings Rise- Diversified Investors - excluding net gains on sales of investments, of thVi corporation and its wholly-owned subsidiaries for the first half ct 1959 amounted to $7,864,072 or $5,41 per share, compared with $iv«797,602 or $3.99 per share for the same period of 1958, an increa:;-* of 36% according to figures released on July 17. Net gains from sales of investments was nine cents, per share Sa the 1959 period, compared with one cent per share in the comparabU Net income, period last year. net Total was $5.50 share earnings, including volume July 11 gains on Corp. of America—New gains in business written to new semi-annual records' for the periods ending June 30 were this by These He 80.2% Last the face amounts that over above month's June, Benedick, of 1958 Benedick fund contractual purchases of fuc<I mutual cash outright President, than the $45,643,000 of the the 1958 first-half total gain announced oil produced an overr.t total of $37,061,004. payments. above reported 18.1% an Walter to higher 85.6% and include figures started during the periods, and voluntary plan initial According 49.9% Records-and quarter!;# corporation. During the first half of the year, the company business of $68,431,000, capped by a second-quarter plans investment* with $4 JW* sales of first Investors Planning Sharp net share in the first half of 1959 compared half of 1958.—V. 189, p. 2785. per the in Mr UNDERWRITERS—The names of the underwriters and the amounts Gorey 5,000 Inc Co., Newburger, Walter Jenks, & Murch 15,000 Co 5,000 5,000 I. ° Co., 5,000 & Co., Moore T. —-— Reed, Lear & Co.— M. Simon & Co & 10,000 and stock. term Inc. 5,000 Gould & Berwyn Co., & Kidder M. Mann 15,000 15,000 Sears & Hallowell, 5,000 5,000 Com¬ pany __———— Kakouris & Co. Com¬ & ________ C. Co.' ~.— White & 15,000 Becker Rouse, Brewer, Bryant W. & , Hudson, 15,000 Inc. 5,000 —— Davis_— 20,000 Co. & pany Warren 5,000 Co. & & Hickey Fay O'Donnell C. 5,000 — 20,000 Kohlmeyer & Co.__. R. Wins- 15,000 Stiver Saunders, Hooker & 5,000 5,000 - Corpo¬ Securities ration & ____. _ 5,000 5,000 Inc. low, Clayton Company, Co..—. Chace, Whiteside & 25,000 25,000 25,000 & & Boenning 25^000 Co 10,000 Co.— & Simonds & Co Bateman, Eichler & Co— Birr & Co., Inc — 25,000 Battles, & 10,000 - —.— Baker, 25,000 & H. shares, Authorized stock of In¬ Corp., was elected a Director of Hilles is also a Director of Royal Guarantee & Liability Insurance Co., Zurich of John 1960. 1, PROCEEDS—Of *80,000 Telegraph Corp. and organized in April to construct and operate Disneyland-type open-air recreation and amusement parks. It plans to construct two parks, one in New York City, the other in the Greater Miami area. The New York City project is to be "constructed first and is scheduled to be completed in time to commence operations BUSINESS—Corporation version International oversubscribed Offering restrictions. tractual productive Board— on 400,000 shares purchased will be subject ttr certain con¬ 1960, disposition of any of the by Webb & Knapp, Inc., Common Corp.—Hilles Holdings & Co., Sutro 25,000 ___ also Recreation Corp. International Deferred International 25,000 Sons___ 10,000 In¬ Company, & corporated M'anley, Bennett & Co. Merrill, Turben & Co., Inc. Morgan & Co.____ __' applied be railroad of fered—Public offering of 580,000 shares acres 2034. International The 10c)_____ (par amount reserved Farm Fusz-Sc-hmelzle Stroud 25,000 Co & marks by the installaton of weighing systems and industrial users. The Company's prin¬ cipal product and service has never been applied commercially^ A prototype—installation has been constructed at Hammond, Indiana, where it is being tested under simulated operating conditions. It is the belief of management that the present status of the method is at this time so far developed that it is ready for commercial application. Surveys are presently underway for such installations for purposes of commercial production, which installations are proposed to be licensed by the Company to the users.—V. 189, p. 2139. in "Freedomland," EFFECT Kraus__ Emith, Hague & Co._ 60,000 Corp._____ & Dividends No. , GIVING 60,000 Co.__ Co. Tenenbaum Peltason, 125,000 10,000 10,000 Leonard & Lynch Moore, .125,000 Inc Edwards & G. Dividends books closed. Offering oversubscribed and the books closed. company note Burge in the from to a Higginson Ball, the (4) company's Patent miles from 124 Larsen, Village of Hunter.—V. the to be modern winter ski about the at will railroad of States wording on in the incorporated in New York in May previously associated with the M't. Snow ski area; Donald Waters, a professional management consultant; James Hammerstein, active in the theater since 1951: Harry Gordon, owner and operator of the Hunter Water Works Supply Co. and H. Gordon Woodworking Milling Co.; and Orville Slutzky, Mayor of BUSINESS—The 1959. & Net 1959. 14, are Shares subscrip¬ product and services include a system freight cars coupled in motion, covered by 2,621,035 granted Dec. 9, 1952. The cor¬ poration owns an installation upon leased ground at 415 Spruce Street, Hammond, Indiana. This installation includes railroad track, scale pit, scale house and electronic equipment. The issuer is exploiting Patent No. 2,621,035, of which it is the sole U. S. licensee, and further is exploiting patent applications Serial Nos. 691,747 and 752,731, of which it will be sole U. S. licensee. Patent Application No. 691,747 BUSINESS—The of United was consisting developing and operating for company area to Aug. on expected 1959 Co., New York, units in not 1959, unit. per Of¬ or changed wording; $50 debenture and five shares of common stock, priced $50 Rights — pilot model(s) of the Marden Weighing Unit at company's laboratory headquarters at Hammond, Indiana, and advances to the affiliate Die-Form Circuits of Delaware, Inc., protoype on patent & Corp. — proceeds stock common of 1574. Lomasney A. completed.— is program company's The Myron entire Weighing Railroads expires issue July 24 offered publicly $690,000 of 6% 10-year subordi¬ nate debentures and 69,000 shares of common stock. The at offer program. Hunter Mountain Development Corp.—Common — by completed be to business,, (2) promotion of commercial use of the pres¬ ently available method of RAILWEIGHT weighing by railroads and industrial users of freight cars, (3) further research and development the is Offered the when mill Stockholders underwriting, to was used to repay construction months of company's the expected the subject to Agreement company, Shares ' : Draper, for major portion of the company's outstanding short-term bank loans, which the at the a public sale at competitive bidding. The proceeds the under or Annapolis, Md.; Me.; Mass.; Euciid, Ohio; Alexandria, Va.; Winnipeg, Charterhouse Motel in Bangor, Me. Others Montreal, Y.; ( offering. operation in Kittery, C.; D. Boston. in Queen announced Me.; Center Hotels Motor are Newton the power plant. the new unit is subscription price is $3 per share and the The tional HCA field, construction Canada; " Oppenheimer & Co This corporation is offering, holders of common stock ($1 par) of record June 1, 1959, the right to subscribe for an additional 82,313 shares on the basis of one new share for each four shares held on the foregoing date. will have other new agreements to announce, probably within a matter of weeks. "We believe that the international market holds great promise for us," he said."We are very near agreement to operate several properties and are considering a number of others." HCA has already announced the leasing of motor hotel properties in Montreal and Winnipeg, Canada. HCA will also operate a new 1,000-room hotel soon to go under Construction to that PROCEEDS—The indicated also hotel said wood Total cost for the expansion program is estimated over It is expected that in. excess of 100 additional persons will without Quito. Sonnabend overseas added the machine itself, there mill and a new recovery house ground the 189,, p. 2567. fering by the Social Security Administration of the Ecuadorian Govern¬ ment, owners of the property. The hotel is scheduled for opening in January of 1960, in time for the Pan American conference which Mr. July 10 by Richard C. Doane, 1961. employed step held will Doane to necessary to additions International lease 20-year a new the Underwriting the in Emanuel, Deetjen & Co. Ecuador. HCA the will be $13,000,000. the of construction Mr. program, Manager the related be January, Roger P. Sonnabend, Vicecorporation's Hotel Division, that the company has signed an agreement to $6,000,000 hotel now under construction in General company's Expand to Ecuador— of Coast Western development overseas President at the machine paper v.... v ♦. .. boiler 275 Page Mill Road, Palo Alro, Calif., filed a registra¬ the SEC on July 21, 1959 covering $1,000,000 *of which third a specified Dempsey-Tegeler A. from underwriters Co.___ new to will with stock Of papers and other groundwood printing grades to the expanding demand for these grades in the South ahd South¬ It will have a rated capacity of 50,000 tons annually. In addi¬ meet V. July ' -. Janney, lightweight directory purchase. 2153. on before 1958, The be its Engineer, Vice- Chief was original two units at the Pine Bluff mill began operation ih producing newsprint and bleached kraft board. 209-inch Beloit machine will be equipped to manufacture The 1959 cars this of part not was Interests in Employee Stock Purchase Plans, together in and the by conditions Bear, Stearns & Reynolds & Co., Burnham directors. of years and follows: Lee Co.—To Increase Mill Capacity— Paper addition for President. 2458. p. This company, p. 12 Pine Bluff, Ark., mill were announced on tion of Be¬ Chief Executive Officer Engineering, and Administrative Vice-President President in May of 1958.—V. 189, p. 1467 of named Plans that announced Hewlett-Packard tion for IMC as ■. Corp.—Ware made been has board the by with been International Fal¬ operates Hertz trucks. 3,750 - purchased terms . Inc. Valiant. Plymouth which operation In v. ; , Chemical & President, Ware, corporation President approximately 60,000 vehicles, including al¬ most 24,000 in rent a car service in the U. S. and Canada, will receive the first of the small car order in October. The balance should be in M. has He ordered be the of Walter L. Jacobs, President, 3,000 has already been placed by the corporation Hertz the the Hertz, Thomas by . Minerals be investment Chief Executive Officer— comes 4,500 small cars manufactured by for more than $10,000,000, it was makers auto for 1794. p. closed-end S. Kalman Included and purchasing 14 another end "By con, is July on 189, U. new a active business as of Jan. 1 this year on ac¬ two old established Canadian investment com¬ of International Corp.—Buys 4,500 Small Cars— corporation assets panies.—V. period.—|f. 190, p. 51. Hertz the Corp., Holcfipgs commenced company, operating revenues for the six months' period compared with $116,773,028 for the corresponding $137,200,312, International with net income in the second compares cents a share. and 7 (359) The Commercial and Financial Chronicle . . . the six-month total wtfc* second half of last ye»rc of $36,865,000. the total during the June 30 quarter represented the previous three-month volume of $31,370,WK* 1958 second quarter total of $20,561,000. the volume amounted to total of $7,127,000. noted that actually exceeded that for all probability," he added, $12,169,000 or 70.7% higher th&n during the quarter just the entire first half of last year. "last year's record annual volume volume 4a «* B The Commercial and Financial Chronicle (360) chased /orce, mean¬ 70,360, 10 fo more 30 was than three months earlier, ana 42.5% above, the figure cf last year's second quarter.—V. 189, p. 2567. The total continued upward. on June 25% 3 959 the ena at advanced tons , while, by Brier and the Robinsons. The Robin$133,000 as subordinated loans, and Brier pur¬ capital stock and the Robinsons each purchased oi their capital stock for an aggregate $267,000. As of April 30, the Robinsons released the $133,000 debt owed to them by the the subsidiary by third quarter JtE2,508,000 will be surpassed well beiere the current completed on Sept. 30." The number of exclusive I.P.O. contractual plans ^i is 11 50% Lund companies them See their of companies. Bonds— Eastern The N. John, Saint Co., Trust Total will up to noon Canada, B., report tenders for the sale to it of Saint John Sulphite Ltd. first 4% series A bonds, due Dec. 1, 1966 to an amount sufficient to exhaust the sum of $39,130: The present name of this company was adopted March 27, l^oi. July cn —V. 1959 27, 187, receive announced SEC in Detroit Stock for of and Exchanges The 1959. 3, August U, new issuance of the order suspending an 30, in Johns-Manville Corp. s $ sales Profit 101,572,000 19,862,000 32,471,000 9,588.000 before Taxes 5,962,000 taxes — Earnings DiVS. 10,274,000 - 6.509,000 3,582,000 8,296,000 Earnings per —V. p. 190, share__ $0.78 $1.24 _ continue be The Aluminum places program under unified all direction of phases to to James the market product in conception, to instances, development under Mr. the supervision Rhoades "Market F.ince the is due for aluminum." the extension the of of new foil provided fabricators of of does by in not aluminum corporation and automobiles be will residential No development of addi¬ pointed out that creation the technical and engineering affect Kaiser and Aluminum 190, relating purchased the amount, to their from machines, Motochron tooling, electric President, announced on July 8.. The clock, which has been manufactured few The ment introduced years, has had a good acceptance in addition of of the clock King-Seeley's by General principle industry. broadens business, the in Electric $1,000 debenture $1,42 6/7 New the for clocks and instrument seg¬ presently 188, p. 2785. includes speedometers, proceeds S.) and to are is be Co., Laconia, Inc., N. Kresgre by into shares 700 of for working capital.—V. common 188, 950. p. the year 1959—6 Mos.—1958 $ $ 27,516,286 * its $11,294,000. $ 157,577,418 '• the This _ N. July on Morton ■ Edell, President Hostetter's last year V. Aromatic about were Lanolin W Inc.-—Acquisition— resulting Plus Wash i89, of Lanolin Plus, said June on pay Bitters Managers split.—V. stock this operations, Profit net cocktails and flavoring. Curl, chief mild and Its sales America, Pan owned the outside maximum service United the to 172, p. products including Lanolin Plus Set, Rybutol and i other products.— 'N Leeds & American the by it , has Force Materiel and accessories. tract from the received Command, The order Command is Dayton, in for $80,284 an for addition similar contract will Inc. parent be company originally agreements Introduces New precision to an the U. S. potentiometers earlier equipment.—V. $233,000 190, p. This corporation, con¬ and at 395 with Brook the stock common SEC A, a!L unde,"writing Keapath. Tne be supplied by The estab¬ company's export of the company's sold it is Bronx, offered 21, N was a organized manufacturer July on Y filed co'vering public sale by Auchincloss, Parker underwriting terms are and 8, 1959. distributor Through of a & to 11 sub¬ diversified and complete line of soft zippered luggage and travel cases and of bowling It distributes golf bags manufactured to its specifications and bags. at its risk. common The and company 400,000 a now shares of $837,031 of the has B outstanding proceeds to 87,500 shares of A in addition to $125,000 obligation. It proposes discharge the said obligation, common/ purchase money *lf rem£'mn£ balance of its obligation to Venray, Inc., arising assets of the latter incident to the organization formation of the * anrf company. The remainder of the proceeds will be ffhH? gen®ral lunds and will be available for working capital and Jc LT,rfe PUrp,0Se,s'-The company intends to proceed to expand manufacturing facilities and, 1"* ©ccordmg to the prospectus. i if trVTp.y.'.. I"C,» was formerly known Braverman, lS (Phillip the feasible, to consolidate them u luatc uicui,, as Leeds Travehvear Corp., present company's Executive owned Vice-Presi- were ac£Juired fn July 1957 by 11 companies organized Brier and two other individuals T?nei\j c°mPany President. B. and Harry E. Robinson, directors) organized the Net P. by Lorillard of the net purchase remains.unpaid. owned by Brier cash payment All and on The July 1957 purchase agreement called of $1,589,612, on which the $837,031 balance the outstanding shares of A and B stock are company. price of the the other 1957 two individuals. purchase was made The with $43,465,865 6,155,968 708,339 4,897,778 248,337 19,595 178,604 117,084 $1,689,792 $6,685,703 $5,779,639 1,421,860 764,777 taxes 1,242,830 876,066 3,399,944 2,916,936 1,204,083 813,726 3,285,759 2,862,703 $0.79 $0.54 $2.16 of will first comparable 1958 six 1959—6 Mos.—1958 $ $ of per are 221,267,389 6,227,838 13,611,817 11,824,849 $0.92 $2.02 $1.75 shares outstanding SEC views on corporation, Florida. plan, the neither earnings share for both the 6,564,048 shares outstanding at on initial $400,000 funds supplied in 200,000 square feet of space.—V. Corp. (& 184, 12 Weeks Ended sales 24 Weeks Ended—- and inc. $ $ 58,893,841 144,464,280 112.769,331 7,623,064 4,782,560 13,251,248 9,734,876 taxes State taxes income on Net 4,082,000 2,466,500 7,047,000 5,045,000 3,541,064 2,316,060 6,210,248 4,689,876 4,937,363 4,472,262 $0.70 earnings Aver. shs. com. 'Earns, per 'After $0.50 $1.24 $1.03 NOTE: 1959 from dates of acquisitions, operations of new since the first of the year. the year common shares were issued to acquire the assets of A & P Corrugated Box Co. and Associated Folding Box Co. of Gardner and Lawrence, Mass., Industrial Container Corp. of Balti¬ more, Gibraltar Corrugated Box Co., with plants located in New Jersey, Since the includes, first Delavans, of Inc. of Syracuse. Forest Kraft Co. was established jointly with Inland for the purpose of financing a new 500-ton containerwith supporting pulp and power facilities, to be com¬ 1959 May, Corp. machine, pleted in the second half of 1961 at Rome, Ga. Equity contributions to the new corporation were, on the part of Inland, $13,500,000 in cash, and the on shares part of Mead, of Inland.—V. its entire interest in minority to receive 3% Proposed Reorg.— Lieb, in the United States District Court Commission stated that an advisory report The of which ° San Francisco, Calif.—Files Commission— on June 29 filed a letter of notification with 30,000 shares of common stock to be offered at share), without underwriting. The plus proceeds to are be used to real purchase plan discretionary is the with on Commission, Shoe Melville Corp.—Sales 25% of their consummation paid in of claims and claims in plan with the balance of installments; wage claimants are annual six their stock; in general 3% new the of cash with preferred to bonds and The the consummate furnish to common plan, stock. stock. is to for in new receive to participation is proponent of the million of cash for $1 all the first mortgage himself proponent has also obligated working capital, if needed. Commission advised Judge Lieb similar receive No The are The $300,000 to up remainder the creditors unsecured provided for the publicly-held common stock. plan, Herman, Greenfield of Miami, in return needed —V. 189, 1959—25 Wks.—1958 that based upon studies made of companies, be unsecured because of the debtor's Lumberman's Files The With apparent insolvency.—V. covering be 2,000 offered The at Acceptance Securities and July 13 filed company on shares par proceeds are of ($100 to be $58,253,773 2786. p. Merck & Co., Inc.—To Manufacture in Thailand— Co., 188, Santa Exchange a p. 2142. letter of notification with preferred cumulative series share), without underwriting. used for working Calif.— Rosa, Commission— $7.20 per Thailand The capital.—V. A 189, the SEC stock p. to 1348. Ambassador the to U. S., on July agreement between the Thai Government and has been reached under which Merck will be the pharmaceutical company 8, disclosed Merck first & Co., chemical licensed to establish manufacturing that Inc. and facilities Thailand. T. John Connor, President, noted that the new Merck venture is company's international program, which "is special emphasis on newly developing areas, where drug production is most needed." Last year Merck began a similar project in India, where it is constructing the largest privately owned ethical drug plant in that country and is also helping the the latest step expanded being government vitamins, chemical latest in his with build to a state-owned large streptomycin plant, Mr. said. Connor Merck the Commission believes the plan proponent may paying an adequate price for the company, and that the general creditors may not be getting adequate compensation for their interest in the debtor's assets. In addition, since the record does not show how the reorganized company could meet its new long-term obligations, the Commission could not say the plan was feasible. However, it agrees that no equity exists for the stockholders not 11 Higher- 1959—5 Wks.—1958 $15,798,101 $13,809,152 $65,275,944 Sales provides upon be of acres. Period End. June 30— in have 55% property the par appropriate. nor the preferred common corporation per in $350,000 the 189, p. 2568. covering ($10 on share companies acquired The Comments outstdg. com. provision for preferred dividends. an to June 15,'58 $ With Securities and Exchange P. filing $50,000 1478. p. June 15,'58 June 14,'59 and 1959 the close of 21 would it • 75,164,081 — before Federal for the recapitalization of Ludman outstanding. $900,000 of 6% first mortgage bonds, $545,360 of 3% preferred stock, and $100,000 of common stock. All secured and priority creditors are to receive cash payment in full. The United States Government, for its claim for taxes, is to that so • Subs.)—Earnings Increase— Meadows of Nevada, Inc., 189, p. 917. necessary general, ; • .... proposed a Joseph Judge $1.89 period current is that stated company announced the submission of a statement of plan of reorganization of this Florida which formerly manufactured and distributed aluminum related products. The reorganization proceeding is pending windows and In July upon in in the second quarter reported above, the 1959 common based the current period.—V. its \ June 14,'59 board $ 117,172,418 240,447,516 $1.11 additional months periods 1,518,046 53. p. Township, housed be In 7,456,137 and 190, corporation Container 1959—3 Mos.—1958 sh. com. of outstanding year.—V. Laboratories, Inc.—New Plant— which Profit 17 126,558,771 per prior has broken ground for a new multi-million dollar scheduled for completion in the Fall of I960, in a suburb of Philadelphia, Pa. The move from its present North Philadelphia headquarters has been undertaken because of the company's need for expanded research, production and administrative facilities, Robert L. McNeil, Jr., Chair¬ man of the Board, explained at groundbreaking ceremonies on July 3. The new plant will be developed in phases in an 89 acre, park-like setting, according to plans for a modern structure. Initially, approxi¬ mately 450 persons, about double McNeil's present home-office staff, and result in $ distribution a stock common paper Income 'As share per Co. present ® latter purchased from them through exchange of ? proprietorship in the 11 companies, which then became subsidiaries a 1959—3 Mos.—1958 $51,545,341 2,258,726 232,069 given the right to use trade¬ and to supervise appropriate negotiated cigarette, which contains a "wisp of menthol," has gone initial markets-—Philadelphia, Pa., and Providence, R. I. will be effected as rapidly as possible, it was in 'Earnings e^va^'4an for 2786. p. income— Mead S was 1959 for & before or $2,446,913 1,514,346 This receive July be 189, on throughout cigarette sales the amendment. company sidiaries group healxl offering price and public Avenue, on to stock common • stated.- before 261. Inc.—Registers With SEC— located ^ore^StraJ10n st»tement 262,500 shares of into income——-— on ♦Shares Cigarette— July on filter cigarette new sale Miami, Leeds Travel wear, all July Eank 43,882 before 'Earnings introduced "Spring", a king-sized "airfeaturing a radically new, Lorillard"electronically treated to create uniform ventilation over the surface of the cigarette via hundreds of micro¬ scopic openings which take in fresh air and allow heat (but not smoke or flavor) to escape." Invented in the Lorillard Greensboro, N. C. laboratories (patents are pending on both the electronic -process and the Lorillard-designed electronic equipment), the new exclusive cigarette paper process represents another Lorillard research "first," it was stated. company conditioned" developed The from 1959, due American the at 1959—3 Mos.—1958 $18,176,474 $14,018,554 income Net stated. was Ludman Corp.—SEC Northrup Co.—Air Force Contract— company, Redeem (charges) SEC ' This 31— timber of or Earnings July on been has States, parent greater Lorillard supervision activities." Lorillard products are the 14 some Tint To — Subs.)—Earnings Show Gain- (& — on made 1959.—V. 14, Aug. on operations sale fr. Other inc. in lieu 1234. company assure South Lorillard P. marks Net $2,000,000. produces N for a 1 convertible are Corp. from Income will be Payment business ol to stockholders rata pro a export Drug the 24 Inc. called for redemption on Aug. 15, convertible subordinated debentures 5% sales Net of a wholly-owned subsidiary, P. Lorillard with principal headquarters at 200 East 42nd Street, The new corporation, which will have offices super¬ 1348. p. close McNeil to from Period Ended June 30— purchased the 106-year-old Dr. Hostetter Pa., for an undisclosed amount of cash. made by Hostetter were the "Dr. Hostetter Tonic" for disorders, which has sold more than 50,000,000 bottles, stomach has . debentures Period End. May company 9 expanding Y. and and National has Pittsburgh, products Dr. Plus, company of Products, Chicago, 111. Co., Masonite Earnings Show Gain— Co. of 188, p. 1718. System, Inc., above.—V. that a comparison with said formation international on $ 169,530,003 \ 2677. Lanolin corporation The Chain Co., "provide customers, The 1959—Month—1958 31,376,383 maintenance maneuverability, tactical Automotive outstanding at 102 Vs. % Trust per share on the 892,383 shares marked increase in sales and shares Sales to The Co.—Sales Up— V p. York, vised H.— Exchange Commission— convertible used Period End. June 30— 189, of the Board, of fiscal 1958 cents handle licensing share. per Bales —V. sales on American Inc., and N. A. corporation on July 16 filed a letter of notification with the covering $200,000 of 6V*% convertible subordinated debentures due April 1, 1974 to be offered at face amount, through Tucker, Anthony & R. L. Day, Boston, Mass. (S. 25 announced North automotive Gas its 197C Whitemarsh Pan The The 30 1, plant, EEC at of full the fractional of cash for clock, automotive which Manufacturing: Files With Securities Each Columbia The of last year could not be properly made because of several companies during the year. He pointed out of corporation To equipment automobile speed Debentures— Sales underwriting is involved. proceeds are to be used 20 Co., "high Bonded— Net Kinsman Etock Earnings— share per high. Chairman Ling, company's lished new the and instrument panels.—V. gauges New Ave., (P.) Lorillard Co.—Forms Pan American Subsidiary— Electric General to the in¬ It meets the T-38 specifica¬ in^ the air engine starting. or for See to. departments Gustine, past ground Be its of the premises York, N. Y. occupy Inc.—Record The 52. p. is applicable and Manufacturers Light and Heat Co.—Hate Schedules to continue filed a letter of notification with the SEC covering an amount not to exceed 500 shares of common stock (par $5) to be offered at the market on the American Stock Exchange. Menz products.—V. has undisclosed an patents for The King-Seeley Corp.—Buys Motochron Assets— of Fifth to will officer, an Bridgeport, Conn.—Files With Securities and Exchange Commission— applications and immediately operate aluminum ihe and markets nev; will Mr. various aluminum of utilization usage department assistance This and mercury. and as heretofore quarter June Locke Steel Rhoades Mr. "solid state", ever ways many business," Aluminum, Kaiser products. in forward aluminum program aluminum aluminum the the structural tional carried the development where of been growth the to areas housing, has entered rapid Industry, Among for marketing, Vice-President Menz, synonymously with Taxes corporation "and E. and firm new stated. development rhe said, of John of energize margin of safety for pilots through design which accents simplicity and reliability, and the utilization of the most advanced design in component manufacture."—V. 190, p. 157. had sales of $6,923,167 then outstanding. earnings reflects the rapid expansion of the company, through internal growth and acquisitions," Mr. Ling said, "and I am confident the company will continue a high sales and earnings level." Ling-Altec entered the final half of Its fiscal year with a record backlog of orders in excess of $17,000,000, Mr. Ling added.—V. 160, pp. 156 and 52. planning market engineering, J. periods "The test some ended earned and marketing. To direct and coordinate these product-to-market efforts Kaiser Aluminum has established a new market development department , continue 500 cents record acquisition that the 40 a months similar product development in selected areas where aluminum can be utilized to great advantage in large tonnages—from market research end will Electronics, for income equal six and find, the the ended June 30, 1959 amounted to $570,on the 1,408,600 common shares for the quarter of $6,263,000 also a new record. This sharp increase in net enabled the company show record earnings of $719,111, or 51 cents per share for the set program Life of used for the same purpose. conventional apparatus. that elected Vice-President, been at company Ling-Altec by this corporation to accelerate, to full commercial realization the development of major potential markets for aluminum was announced on July 16 ay D. A. Rhoades, President and Chief Executive Officer. The metals precious of charge has corporation new Net Corp.—Coordination— Chemical & used Maremont €40, intensified new, equipment inverter can Developed by the corporation's engineers in collaboration with Northrop's Norair Division, the power inverter provides instant on charge predecessor 52. Kaiser in Deane of Vice-President elected been be to H. in outstanding, A has Breuer announced the has of non-ferrous metals. Gary Joseph, who has also been elected to trade in tin, copper, lead and zinc. $1.05 $1.80 R. Leytess Charles 8,701,000 7,164,000' 14,920.000 4,150.000 —• stockholders tc built device a healthy will 176,314,000 150,691,000 29,119,000 17,533,000 14,199,000 8,832,000 85.782,000 with times ten introduced been verter. tions will 1959—6 Mos.—1958 $ $ above. Inc. either or both of the twin engines of the jet simultaneously. It operates by converting DC battery power to alternating current. The AC current is fed to the plane's static ignition generator which produces an electrical power pulse of high heat capacity, causing ignition in the engine combustion area. "Static", in layman's language, denotes the absence of moving parts; it may poration. Subs.)—Earnings Rise— (& 1959—3 Mos.—1958 Period End. June 30— has trainer type is power formation of this corporation to succeed to and take over the business of non-ferrous metals,- ores, chemicals, of Lentex Metal & Chemical Corp. Mr. Leytess was Presi¬ dent of the latter company and will be President of the new cor¬ to Chapter X of the Bankruptcy in Detroit.—V. 190, p. 156. Aviation, starting jet engines, type, vibrator The be Corp.—Acquisition— Leytess Metal & Chemical Eugene reorganization in Act pending in undergoing is company had $9,213,060 equal to per share on June its inverter the ' of means of supersonic places This was 1959 first six months of this year. for the report per S. Net the capital gains on a Federal Tax basis of share as compared to $2,920,010 or 30c 1958.—V. 189, p. 1468. 87c District Court S. in the highest value shown in any $309,888,723, to rose corporation's 30-year history, Robert Lehman, President, Gutman, Chairman of the Executive Committee, an¬ C. realized Suspension Continued— July 20 on stock common proceedings pursuant the assets the nounced this company on the, New York and the over-the-counter market for a further 10-day period, July 21 to July 30, 1959, inclusive. The hearing In administrative proceedings to determine whether to order with¬ drawal of the stock from the New York Stock Exchange is scheduled trading 1 at Record High— equal to $29 29 per share and compared with $28.40 at March 31, "and $27.67 per share at Dec. 31, 1958. For the six months' ended June 30, 1959 the corporation 1207. p. net in Monroe Eastern believed to be the first appli¬ in the USAF-Northrop Talon by this corporation. • Known as a solid state power inverter, the device has no moving parts, no bearings to lubricate, functions noiselessly and contains no vacuum tubes. Using transistors and magnetic components, it re¬ A T-38 . (F. L.) Jacobs Co.—Stock The and Aviation, Inc.—Acquired— California cation Irving Pulp & Paper Ltd.—Tenders for Monday, July 27, 1959 . Magnetic Amplifiers, Inc.—New Device— — Lehman Corp.—Net Assets . . Dohme (Thailand) has been formed to produce diuretics, steroids, antibiotics and other products from Sharp & intermediates. anti-arthritic them will be "Decadron," Merck's specialty and the new chlorothiazide in high blood pressure and Among hormone family of products, which have wide usage heart A disease. 7 ¥2-acre tract of land in the vicinity of Bangkok, the capital, already been purchased as a site for the new plant. Construction will begin immediately, using local materials to the greatest extent possible. Initial production will start about Jan. 1, 1960, and full factory-scale manufacture is expected by about the middle of next year. has Initial investment for the new company, including plant and working come to about $1,500,000. Of this Merck will invest $540,000 and B.L.H. Trading Co. $360,000 for fixed assets. About $550,000 of working capital will be required, and this financing will be arranged by Merck Sharp & Dohme (Thailand).—V. 189, capital, directly pp. will 2786 and 2139. Volume 190 Number 5867 . . The Commercial and Financial Chronicle . (361) Mesabi Iron Co.—To Buy Back Stock— directors, have The The funds for the Reserve Armco ore deposits Steel is in jointly Co. held share orders management at the American on its discretion Stock orders received "At the Republic Steel Corp. and ore pellets from taconite iron $1,081,541 represents Mesabi's oneincome. Mesabi has protested Re¬ The dispute has been the subject of Mesabi. intention it be will the held dispute to in with retire the Reserve the is acquired treasury.—V. resolved, it the is stock 1C8, permanently. 2248. p. 190, This SEC with the SEC covering $30,000,000 thirty-five of - Meanwhile, statement E. A. Potts Works of been has Allentown, President elected and Pa., year died Bonney, 185, and General Manager of Pennsylvania The Carter by Creek Utilities Blair The and Americam Schneider of Mr. Burwell disclosed ments of $1,000,000 which is low which iron in the that Stewarts the impurities, is a formation properties contains sold were on the mineral yielding for The ore. cash of 60 Mr. been million Burwell ficient for carried tons on iron of many about 20% have ore add Dr. Lion public of of been the deposit blocked and out 65% upwards this on the The Superior Mehrens sand, and with 148 flow with El now feet and well is Sun the of $10 of and plans Record for Co. Inc. is in Field, the owned Income Net inc. block The taxes from of gas Vi-inch a feet of cubic the day, per chckc. gas At of along day, along gas. by Lion in January, 1959, and four separate sands between 9,800 Frio formation. additional The development fourth well being are is made. $ $ 413,708,000 337,275,000 36,689,000 18,036,000 69,125,000 32,109,000 18,698,000 at Com. 8,902,000 35,366,000 Earns, per *At 33,759,000 16,741,000 22,401,446 *22,256,600 22,401,446 *22,256,600 $0.80 $0.41 $1.51 foreign 31, 1958. subsidiaries For and its the parent its company, proportionate 50%: domestic share of and associated six domestic months and of Canadian of 1959 subsidiaries $314,942,000 alone, 19% were higher than sales of $265,046,000 in the first six months of Earnings of this group were $25,479,000, equal to $1.14 a share, to pared $12,999,000 and cents 58 share a in the first six 1958 of the second quarter of For greater equal to 63 share than cents for share, 1958's second Monterey Oil This and company cated July for Pyle, quarter.—V. 13 the 189 $6,933,000 of months said 4.2% ended the over and 31 in both 1959. to equal to for $1.01 the of period Mr. the Pyle share per outstanding. This per share on the nine the on with 1,806,460 previous said months, compares $16,722,175 Mr. Pyle 1,860,654 net shares reported for the shares income then said, of was of $1,886,956, within the there income for the ' • $5,678,849. amounted the as to five 187, of share, a increase an ago.—V. year for fiscal from 190, p. the Monirose This Chemical company fiscal for to 1958, ar d $920,000, equal or 79 cents The ended be for used, $2,423,030 to 97 per is per income reported that share, compared the fiscal year ended in its affiliate, operating at peak levels, p. Montrose with DDT earnings all-time an common share, reported company of California, highs.—V. 188, cents common preliminary reached for for high of with $749,000, May 31, 1958. Chemical production Corp.1 at new 2248. and Motorola Inc.—Sales to recent according Executive "The dealers Motorola's 1, orders has asm, as the of first exceeded expressed our four even in new of our In held specific TV line by our distributors and by our fourteen orders, is categories, are -up we year. the In full product table radio the three with applicable or 11 a or been cents 27 cents share on recognized as the center of has gained a position of All of the stores sell a and and maintaining well as apparel well Houston for men, appointed store also women gift shops. depart¬ maintain departments as TO PRESENT for renowned FINANCING Authorized Outstanding $1,000,000 1975— -3,900,000 *$400,000 t3,900,000 (par $100) (par $2) 20,000 shs. ; *18,169 shs. 11630,000shs. 630,000 shs. Company— real estate subsid.) ' note, until payable $27,852 1975— $4,400,000 ; Oct. shares in 831 8- 1959. $3,871,377 1, 1975. y For recognition. the 1974; balance due treasury. the company has common 10,000 shares, stock authorized of par value $100 per share. On that date the shares were changed and converted into 600,000 shares of common stock, par valua per share, an, additional 30,000 shares were authorized and concur¬ rently there was transferred from the earned surplus account of the company to the stated capital account attributable to common stock the sum of $200,000. notification (par with cent) one the to UNDERWRITERS—rln be derwriters, incidental to to mining Mr. $100 to be stockholders National's include 1960-65 Baker purchased and the expan¬ entire North have the increase sales volume and the three new plants—"one gypsum in by each underwriter from G. U. said S. market several new in a planned lime, broad a the over ceramic tile and to years assets some have 1,500 4,000 Inc.— 1.12 1,500 Inc 2.02 F. Securities Co., Pollok & Fosdick, million $192 by he program," assets by explained, 1965."—V. 190, "is & aimed at and revenues the in first a year This 5,500 5,500 4.11 5.500 2.02 Co—! , 4,000 2.02 _—— 4,000 2,700 is a fiscal year income shares of February period. $380,400 report May 31, 1959 shows gross the $7,415,000 volume for the In the like half of the preceding earned, or 47 cents a share on the from interim payment increase in of stock 5% a the number last year.—V. 183, p. 22% or above the volume for the 2134. Chairman & Research Co. and Fuel Development the long-range agreement provide for commercial develop¬ production of solid propellant ingredients ment and eventual large-scale Aerojet utilizing certain vacuum which National Research has niques sponsorship for than more year," a the Board, Suburban. County in letter a Electric Electric Co., Electric Co. equipment and tech¬ perfecting under it?s own according to Hugh S. Ferguson, processes, been the to holders Southern Berk¬ Weymouth Co., Light July on in said 7 <% "Amended Plan for Issue of Common Shares New of England System for Minority Interests in Common Stocks of Electric Subsidiaries" was approved by the Securities and Exchange Commission on May 14. 1959, the Commission finding the Plan necessary to effectuate the previsions of Section 11(b) of the Public Utility Holding Company Act. Upon application by the Commission to the U, S. District Court for proved Massachusetts the Plan and for enforcement ordered that of the Plan, Plan the and each the of Court its ap¬ steps be consummated. Pursuant date the to and Plan, the July 7, 1959 has been fixed close of Accordingly, by the common business June 30, 1959 the consumma¬ the effective date. as as stocks of order of date the stock the Court, the rights of ail public Present complete shares common -to holders the be Second enclosed mailed Bank-State of Scate letter is information other certificates sign then Corner this of and should Letter and of New England for or Street the delivered Trust for what stockholders should you with and their System the Transmittal stock Mass. will certificates Department, On give the back of complete you also which should above The Transfer 1, which do listed Letter. Company, for Electric oE of the as below. stocks Transmittal Congress Streets, Boston guide a about holders the companies listed above nave ceased and such holders are entitled to receive provided for by the plan in the amounts set forth Entry of this corporation into the high energy rocket fuel scene was revealed on July 3 with the announcement of an exclusive license agreement between National Research Corp. and Aerojet-General Corp. of Azusa, Calif., one of the country's leading producers of rocket propulsion systems and other missile products of Co., Worcester , consummation Corp.—Missile 1,500 System—Plan Effective— of Merrimack-Essex Electric present National 4,000 1.12 —_ 4,000 2.99 Incorporated 2,700 2.99 Electric tion $742,000, Moore, Power The dividend sales of appliances during the first half of the current to Co. & 1,500 2.02 Waggener_ certificates, of Power part: to was The stock. resulted amounted period high new 1959. The company's year of common shares common ended from & England Electric L. stock and income after all charges and taxes was equal after preferred dividend requirements to 65 the 545,000 average number of shares of common outstanding during the net fiscal current 41.6% reached year. The Neuhaus 1.12 ._ Inc._, 190, p. 54. Irwin corporation 2,700 2.99 2.99 ._ & Company——, Schneider, Bernet & Hickman, Shearson, Hammill & Co another Net stock on this months up ago. cents 525.000 share the of six $10,505,900, period $484,300. the for of half of 4,000 4.11 the end Corp.—Reports Record Earnings— earnings 5,500 4.11 — Pierce, Fenner & Smith Inc. Austin v 4,000 1 2.99 ; Co.— Winston~3r Underwood, 5,500 i 4.11 Moroney, Beissner & Co Rauscher, Pierce & Co., Inc..! —V. 4,000 2.99 Rotan, Mosle & Co Rowles, 4,000 4.11 & Company Thalmann & Co Freres Merrill Lynch, 157. p. 2,700 2,700 ' 2.99 . Hutton Ladenburg, Lazard years about 5,500 2.99 First Southwest Co asbestos- increased 5.500 4.11 1,12 Walker, National's 5,500 4.11 Goldman, Sachs & Co Goodbody & Co Hallgarten & Co.— program five next 4,000 4.11 Eddleman, will need to expand cement mills," he said. by acquiring the Huron $67 million stock transaction. also 4,000 2.99 Inc._ 1,500 2.99 Becker & Co. Inc Co., 24,800 1.12 —_ Eppler, Guerin & Turner, Inc 2.02 Equitable Securities Corp. ———2.99 we facilities gypsum, that Propane selling Shares 18.53% . _„. other through National past five expansion increase the of Dallas Union business production out the all Brown, Wareing, Ball & Co.— Dallas Rupe & Son, Inc. E. of Detroit pointed un¬ severally, Number of Co. Blyth & paper cement company's several stockholders company. Bear, Stearns & Co— of acquiring the the agreed selling Brothers Bache & , the cover by entered over stockholders gives tax and information. President. , "In return for exclusive United this this field. year Aerojet Provision for Ferguson for future will make States Aerojet rights to patents and techniques initial payments to National Research additional reimbursement to National is made for production based on NRC developments," added. information on the process, security reasons.—V. 139, p. products 1797. and equipment is Dividend part of ments not National Sugar Refining Co.—Earnings LowerEnded Sales June 30— before and state • taxes— 1958 $90,537,800 $91,040,279 2,165,273 —- taxes New 1959 - Income 2,392,145 1,163,000 1,280,000 earnings $1,002,2-73 ; share— ' — $1,112,145 $1.51 $1.68 it is 1959, The as to Boston plan exchange for Electric April, recommended which be it 1. is to and have the on stock As of pay¬ the first on stockholders will of any the above they make the exchange well before will dividend may the be payable be record Oct. delivered or 1, Co., Corner of date State for the 1959. mailed, complete exchanges should Trust latter dividend quarterly are the been while December, System July and October. that exchanged Street companies expected System procedure Bank-State above dividends Electric to the September of January, Certificates question Second by England further England Streets, earnings per 188, p. 351. day receive 10, June, New companies, . Six Months payments March. of business Sept. —V. from Lovett Abercrornbie & Co.—— Allen & Company... ; of in Brothers, and Shares Lehman New "Our NRC Lehman , , five-year expansion program is expected to jump sales this year's estimated $215 million to $365 million by explained, "We also look for a corresponding increase in substantial by Underwriting Agreement, by company Percent of .1958. like the the percentages of common stock set forth below opposite their The last column in this tabulation shows the aggregate number shares for new gypsum plants call for addi¬ our expanding paper requirements." mills in the United States. planned other acquisitions over the next also Chairman million like from respective of Expansion— the represented purchase earnings and assets." company Net revealed last stock compared income $165,318 was $66,763 accessories to pfd. stock June • , Marcus notes Realty mtge. ^Excluding 189, • and Net Sanders Mr. since 1 U. National's plans can the he Federal Taylor VJC shares. debt: Summer •'" • certain The majority a $8,549,502, 1958. *$200,000 due Oct. 1 of 1959 and 1960. t$200,000 due annually Oct. 1, 1961, to of from t965," meetings we are holding with hopes and expectations. Enthusi¬ simply tremendous," Mr. Taylor re¬ 106.4% •• of Southwest, Dallas and loan cumul. monthly new volume Net product orders ' of account family. hold common were period national addition in (Wholly owned in' foundest ported. figures: convention are running far ahead of last year's figures, to a report from Edward R. Taylor, Consumer Products Vice-President of the electronics firm. acceptance in them 1 sales long the an high-quality in bank 4Va % plants, classified distributor ' ,« of of substantially .. Additional Up— to the in outstanding.—V. • • stock markets to our will build company company Board Research Subsequent shares represent on expand . include Mr. Chicago on July ■ expenses "to expansion for existing to $1.16 54. that 50,000 the to debt: Funded underwriting. are operations The same cash of Neiman-Marcus just year an was 600,000 shares has for well as store 4V4% 2551. p. Portland Cement Co. or Co.—Reports Record Earnings— July 9 announced May 31, 1959, cn year fiscal for Marcus respective periods common 3%% note, due Capital stock: approximate price York City underwriters. letter a primary objectives company Terms this at . common without the his "Before the $2,090,179 outstanding however, was up ll/z%, Mr. Pyle compared to $599,396 for the com¬ income for the three months rose to $5,053,857 to ' said this years.. The quarter, as weeks. shares " • filed 6 shares per continent, said fiscal Gross year. compared $2,842,626, period same third few 600,000 • July on are Baker said He in year. $644,750 next subscription are ' / tional paper mills "to take care National currently operates five of company's crude oil production was up 9% for period but that reduced selling prices for oil and an increased level of exploration activity caused a lower net return amounting to parable period last for the the continue shares shares. Common stock sales on 1959 in the quality line 3V4% com¬ than $1,500,000, more the Net the commented. stock common the said, than equipment, and will carry potential market for the new prod¬ amount equal to its present annual company's share 30, carrying precious jewelry quality of furs. A. revenues indi¬ last year. Cash income, which represents gross income costs and interest paid, amounted to $3,746,739 as $8,665,747 for the first nine months of fiscal 1958.• " income units test , levels $17,419,746 Of¬ the net proceeds from, funds. The balance of . said Both gross, income 31, of share. per 31,200 add general CAPITALIZATION GIVING EFFECT Neiman-Marcus Company— shire period Net an larger will sold of their superior design communications cents operating compared the Baker, Chairman, National May income gross and children, opening the West Coas* to our products plus new plants to serve principal Canadian markets. "Our new plant at Waukegan, 111., now is in production and cover¬ age of the Great Lakes market soon will be completed when the gypsum plant at Lorain, Ohio, comes into production early next year," he 2787. ,p. increases announced nine President, increase an similar less C. than greater Co.—Quarterly Net Higher— on income cash Howard 1959 sales of this group were $165,150,000, in 1958. Earnings were $14,140,000 104% The much and 598,800 on main ments to offered, its being will corresponding stock common complete by Dr. John C. McGregor, Chairman be is to members a April the international California, of $137,571,000 a H. program He com¬ B 20% a 1958. months in Funded will registered for cents Baker "Our its and first share fashion agreement Division, microwave shares, BUSINESS—Company May Double— Electronics lor shares interests $1.54 to ended 600,000 income." i Monsanto in includes July 8 slightly 2,900,000 10 American of statement companies. sales Mr. $0.75 share com. Dec. NOTE—Above a facilities. 15,363,000 9,134,000 shares outstanding & July 6 announced the most ambitious expansion program in this company's history—a five-year, $125-million plan for new plants, acquisitions and increased production of existing cement income stock common company. the common estimated. present, proceeds Mr. $ .. Power products sales that were corporation Melvin Calculated per feet 9,800-foot 17,991,000 — Narda's been covering sion producer 176,182,000 taxes— Weltner to National Beryl & Mining Corp., Estes Park, Colo.— Files With Securities and Exchange Commission— jointly 215,866,000 before who and National Gypsum Co.—Plans Large third Offered-—The $2 Earnings— sales on ;••••, an¬ its Maton interest drilled has in $> Net the of investment advisory 2787. p. The discovered was all Weltner, meeting stock¬ of components McGregor \" 20%. Co. million oil or gas from feet in the Basal 10,700 drilling Oil through 35,000,000 cubic per his E. A. share by Milton Blaunei & Co., New only previous public offering of its shares a 1957. Announced El the 35% was 4,505,000 cubic feet condensate Field in a well first producing Has Dlock owns the condensate was of Maton and now of potential barrels Co. 1 produced barrels 32 The is test on open Oil No. which on by will, equal $7,927,564 names. Co.—New Discovery Company Division of Monsanto Chemical discovery of an additional producing sand leases, and the tract with of of the High products announced have Narda's offered development well on a 2,800-acre Matagorda County,.Texas. Monsanto 030, months 1208. of offering of stock ccmmon SEC the 200,000 up 50% over last And, he said, the rate at which they have been growing in the four months indicates that they will reach nearly $2,500,000 by June, without allowing for sales from the new division. Dr. McGregor also revealed that the company is planning a second mill Oil outstanding President. to operations.—V. nounced owned Corp.—Sales new a of June 30, on suf¬ Chemical its past from high the developed and indicated ore is considered the raw material requirements of the Alberta in the future,—-V. 177, p. 626. Monsanto terms larger unit-price-tag. also said years and said. on of the shares company which including related in 133,800 the additional 102,600 and next pay¬ magnetite particularly a Stock 133,800 shares of EARNINGS—Sales during the fiscal year ended Jan. 31, 1959 totaled $38,881,427 and net income applicable to the common stock was $927,- outstanding 872 shares of preferred stock; and 448 shares of the common were the range announced line could supply to was much He of new present range ended deposit, ore deposits—approximately two miles long—have been under devel¬ by Minerals Engineering for the past three years. Development has a new volume, & opment work Under all owns the by the shares, interest has stock, Microwave the Board ucts Europe's royalties produced announcement of two future which common of stockholders family year. represents France, plus concentrate a ore, The of Cie. the active build The properties just south of the Canadian have been sold by this company to North it wa,s announced on July 9 Utilities & Co., of voting February. systems, operations.— Lloyds of England largest steel com¬ panies. North American plans to construct a completely integrated steel plant in southern Alberta. Site of the mill will make it directly accessible to ore shipments from the Montana properties. and & Weltner & Co. shares financing issuance The ore Mont., Common — $19.50 PROCEEDS—Of investment company has applied to the temporary exemption under the Investment respect to approval of an investment advisory con¬ 187, p. Corp. of Canada, Board Chairman, Burwell, North iron Dillon, near after Taylor new only Narda Minerals Engineering Co., Grand Junction, Colo.—Sale American Mr. July 600 been pany's border having the orders Mo., holder approval of a continuance will be requested.—V. Bonney Forge and Tool Ohio, it was announced on its original merchandise," stock passed to his wife, Mrs. Edna Weltner, who has in the investment advisory business. The present proposes that Security Management continue to serve as investment adviser until January 19, 1960, the date of the next regular shareholders' meeting of Mutual Trust, at which 344. p. his up new way. of application by J. W. McDougal, President of Miller Manufacturing Co., of which Bonney is a subsidiary. Prior to assuming his new duties, Mr. Potts served as Vice-President V. the experience Co. public offering of the company, which owns internationally-known fashion stores in Dallas and Houston, Tex., was made July 22 by an underwriting group headed by Lehman Brothers. The stock was priced at common never July 6 of of getting under the of of Weltner the in Co. of Alliance, had present reception City, shares. and stock, s M. were 631.5%—though just was have we Neiman-Marcus first has issued an order giving interested 28,-1959* to request a hearing thereon. According to the application. Security Management, Inc., has acted as investment adviser since 1950. Voting, control of Security Management is owned Miller Manufacturing Co.—New President of Unit— J. stereo dealers order until persons debentures, due August 1, 1994, to be offered for public sale at competitive bidding. The company intends to use most of the net proceeds of the debenture '• sale to repay advances from its parent, American Telephone and Telegraph Company, which are expected to approximate $25,000,000 at the time the proceeds are received. The remainder of the proceeds will be used for general corporate purposes,—V. 190, p. 53. % category 158.7% and it should be up Company Act with tract; and the Commission manage¬ registration a clock-radio are Trust—Applies for Order— an common 21 advanced 263. p. Kansas for stock July on the merchandise fering oversubscribed and the books closed. by filed have year retailer's Michigan Bell Telephone Co.—Registers With SEC— company while year, phono meeting whose the This Detroit last that dealer Mutual . After ment's out last of fi, alone seeing accounting procedures. prolonged litigation and arbitration. Last May the management of Mesabi polled its stockholders on whether they wished the funds from Reserve to be used for payment of a cash dividend or to buy up company stock. More than 70% of those voting so far have indicated a preference for purchasing the stock. stereo each said.—V. net serve's stereo-hi distributor The 1958 ahead 419.6%. for for pointed owned by produces iron It by Reserve's 1'39.7% are advanced Orders Exchange. from $1,081,541 come has to Mining Co. Mining the third the purchase of stock will the Reserve from authorized the company's stock listed purchase 9 be and any directed, and to Congress Mass. provides for the issue by NEES of its common shares h* the putflicly-held common stocks of MerruafrCk, Southern Financial Chronicle The Commercial and . . . Monday, July 27, 1959 (362) 10 NEES Common shares to — Sare now h°eTin \l . Berkshire —' Southern Weymouth will shares be 30, June periods. consolidated operating revenues Total Mr. where 7%-.—V. 189, of increase an year, The compared as stock was products.. Kimax'tempered preferred 30, 1959, as period.—V. 190, on the . outstanding. net market or fair value of 1 . • more Business Equipment Photocopy & Nord the duced in receivers, Park, N. Y., 1959 covering 100,000 shares of common stock, to be offered for public sale at $5 per share through Myron A. Lomasney & Co. The . under¬ writer is to receive a commission of $0,625 per share; and, in addition, the company will issue to the underwriter 20,000 common stock purchase warrants for $200, the warrants being exercisable at $5 per corporation, located filed a registration This share until February The and company 300 Denton Avenue, New Hyde statement with the SEC oil July 21, at 1962. its subsidiaries V. corporate general for r • .•<£ 11,129,000 5,787,000 18,137,000 9,436,000 taxes income Federal the —V. A 11,244,000 8,138,000 operating taxes— 8,131,027 7,069,955 52,445,000 41,113,542 income 13,383,227 11,123,935 66,563,531 charges——_ 11,560,827 added be of cost the to —V. general company is area EARNINGS 31, DIVIDENDS—The 27% operating $158,943,000 preferred dividends, to March 31. on company cents a share on Net parts of North in the income net was $1.36 share a pays the on year ended $22,989,000, shares out¬ the common stock.—V. quarterly dividends 189, p. 2678." Airlines,1 Inc.—Reports of miles flown 175,449,000 148,468,600 miles flown 136,200,800 114,601.800 passenger miles flown 39,248,200 33,866 800 revenue passenger rev. Domestic passengers —V. 190, Tank Wall, J. Co. carried 175,663 : 150,796 158. p. Norwalk Thomas Mersick 18 17 18.85 15 89 16 5 passenger rev. Internat'l % Increase 1953 1959 of June— Month Domestic of New Co. Inc.—Unit Announced Expansion July 7 announced that The C. S. Corn., wholly-owned subsidiary, has pur¬ President, Haven, in Supply Co. The combined electrical divisions of Mersick and New Haven Electric control chased will operate as of New Haven The C. S. Electric Mersick Electric Supply Corp., a separate division. Wall Mr. stated. diversification and "This acquisition expansion program is another covering step in chemical Norwalk's and other major industries east of the Mississippi. The combined sales resulting from this acquisition assure The C. S. Mersick Co. the largest .sales ▼plume in its 119-year history." The tors C. in S. the Mersick Co. was established plumbing, hardware and aircraft component parts; Country Tweeds, Inc., women's Spark Co., manufacturers of specialty automotive parts of Dura-lex unbreakable glass products; Globe Prod¬ ucts Corp., manufacturers of hardware; Mattique, Inc., women's sports¬ wear; ana National Dj nam.es Ccp., a chemicals distributor. '•.> <Net profit Dividends •The pletion $3,113,706 $2,372,285 $3,684,733 836,453 1,812,324 1,672,915 $1.12 $0.35 $1.03 $0.39 $1.32 $0.65 $1.04 for provision computed C.) on 189, p. Co.—Earnings. U,p— Penney in 1340 as wholesale distribu¬ electrical fields, and in addition corporation President. Mo.—Files notification with -the filed a letter of 10 stock :(.par $100) to be offered- share, without underwriting. proceeds are to be used for working at per The ' ; July on covering 263 shares of common $117 Providence Gas Co.—Earnings Months Ended 12 $ S $ including the July 9 Exchange Commission— and Securities The SEC 1959—6 Mos'.—1958 1959—Month—1958 Period End. June 30— Securities Corp., Kansas City, Professional With $0.60 Federal income taxes reflects percentage de¬ the favorable basis permitted by recent.-court 1025. — ! ■' share.._ 'stock interest in Premier Industries follow¬ reorganization. Other stockholders are individuals and A. M. Sonnabend. Mr. Sonnabend, who was elected Chairman of the Board at meeting, said that Mr. Saltzman becomes Premier Industries' its Arnold A. Saltzman $2,910,219 share— per per decisions.—V. (J. Co., Electra Botany Industries owns a ing capital.—V. 183, p. 7. Higher—1 * 1958 1959 May 31— $9,596,040 189, —V. Stores Inc.—Sales Up—' Drug p. 2783. — ■' • " Corp.—Stock Perkin-Elmer The A the certificate of Net the recommended to the stockholders that (par $1) be be qmended to increase the $1,000,000 to $2,500,000,: and 2-for-l, There are presently from split of the Permutit, Inc.- -"Fluidics" alole— ■ ■ - * Avail- Literature ;v } ■■ • " - ; "; covered in detail are Corrosion Engi¬ Exchange, Reactions. Distillation and Centrifuging, Heat Transfer, Filling. Storage, Agitation, Valving and Piping, Gas Analysis and Control, Flow Rate Metering and Control, Waste Treatment, and Project engineering. specific areas Treatment.' Ion The Water Evaporation, drying and blending, Engineering. Each 526,750 414,560 $730,485 $697,284 $0.63 —I $0.65 share of stock. 1543. per p. Co., Phoenix, Ariz. Commission— Securities and Exchange —yThe company on June 30 filed a letter of notification SEC covering 50,000 shares of common stock (par $1) to to ' policyholders Co. surance The at proceeds accounts the of of $6 with the be offered company and of the Provjdent Security In¬ share. No underwriting is involved. 41 '• this per are to be used to increase the company.—V. 183, p. 752 and V. capital and surplus 183, p. 2901. 16-page approach plus the specialized materials and equipment for handling and processing mbre profitably the liquid and gases used by industry. Pertinent applications range from reactions to storage, from water treatment to waste treatment, from design and development to project neering, $1,111,844 income———————— gross Provident Security Life Insurance .act upon "Fluidics" Buyers Guide of interest to all companies who handle or process liquids or. gases (Bulletin 980) is now available from this company's office at Rochester, N. Y. The new bulletin explains Fluidics—the science of fluid processes— as a new Pfaudler Permutit program providing a modern, imaginative new 187, —Files With ; , stockholders will be called in,. August tQ proposal.—V. 189, p. 2893. ; c- Pfaudler from 100,895 $1,257,235 —k— : —_ income. income —V. . A $1,010,949 62,393 — incorporation stock common outstanding meeting Net Recommended— Split 13 on stock 545.165 shares outstanding. that 8,585,091 ——— income Gross Deductions ■; July directors corporation's '• ,L income Other 1959—Month—1958 , 1959—6 Mos.—1958 $6,877,512 $5,868,128 $40,100,183 $34,228,727 — 189, 9,303,398 2733. p Period End. June 30— Sales $10,998,240 taxes expenses Operating :—— $1,194,342 —V. —;———— income— and Operating 97,266,339 497,571,939 454,915,162 113,047,035 Sales Gains— June (N. Y.)—Organized— year. ■ 975,867 — dividends Cash authorized ^.currently Colo.—Files With SEC letter of notification with the a disttibuters and Corp.—Earnings Higher- Cement ' profit Peoples revenues and coming Supply 185, p. 722. above.—V. 1959—3 Mos.—1953 • 1959—6 Mos —1953 $15,119,739 $14,615,557 $21,374,859 $19,631,481 bef. Fed. inc. tax. 4 586,706 4,322,285 "5,418,733 4,350,219 for Fed. inc. tax. 1,463,000 1,450,000 1,734,000 1,450,000" Prov. the Total Corp.—Owns Lease in Active Co., Gas ; sales Profit , Northwest 8,915;437 ' 55,702,502 • totaled filed 14 following a meeting of the company's board of Foundations, before acquiring its other coats; Louisiana Penn-Dixie program. west central Wisconsin, and July important feature of the reorganization announced July 9 is the intention to integrate its diverse subsidiaries. Arnold A. Saltzman, newly elected President and Chief Executive Officer of Premier Industries, is charged with this responsibility. In addition to Caltex, Premier Industries is the sole owner of Airco Period End. June 30— Net directly and through a wholly owned sub¬ Consolidated — 1959 after standing Paul, and St. Dakota. South equal company the additional shares will funds and used to pay part of the including payment of bank loans the of on company's 54. p. Arkansas See engaged principally in furnishing electric service.'throughout of approximately 40,000 square miles, including the cities of Minneapolis March program, with connection in BUSINESS—The sidiary and 190, $ sale to corporation, comprised of seven diversified consumer and indusmanufacturers known until July 9 as Artistic Foundations, Inc., the for Area— Inc. construction its incurred an operating after Net the right to subscribe will expire on Aug. 11. The offering has been under¬ written by a group headed by Merrill Lynch, Pierce, the offered is involved. An scription price is $22 per share and from letter of notification with the SEC chief executive officer and adopted its new directors. subsidiaries, con¬ sisted of Flexees, women's foundations; Caltex, women's swim suits f and' other. divisions. Under the reorganization announced July 9 certain assets including the name Flexees were sold to Mack Kahn, formally associated with the company.' Caltex, a division of Artistic with a historical earnings record, stays with the newly emerged Premier Industries, Inc. Its predecessor, Artistic Foundations, Inc., had been suffering losses in recent years, largely the result of depressed textile mills which have since been sold. The company is now operating in the black. As of July 1 of this year, sales were at the approximate rate of $26,000,000 annually, with an anticipated net income of about $2,000,000 49,984 604 39,969,686 Net Co.—Rights Offering-to Stock¬ holders—The company is offering to its common stock¬ holders the right to subscribe for 952,033 additional shares of common stock on the basis of one share for each fifteen shares held of record on July 23. The sub¬ PROCEEDS—Proceeds a Artistic 36,061,000 35,432,750 Other Ave., Smith filed 6 2354. p. corporation name $ 48,754,869 Northern States Power & July on 1,500 shares of common stock (par $1) to be key-employees at the market. No underwriting reorganized, elected a new 368,055,770 50,976,079 Federal gratis from the company's Cryogenics Division, Mount'Vernon, N. Y. Engineering information is' given on four models: 3,000 BTU per hour, 12,000 BTU/hr., 30,000 BjTU/hr., and 170,000 BTU/hr.—all at 320 degrees below zero Fahrenheit.—V. 184, p. 1731. Fenner . Manufacturing: Co., Los Angeles, Calif.— covering trial 252,378,115 246,577,416 84,234,333 available is Stevens . Cryogenerators—For Gas Liquefaction "Norelco titled folder new 100 at $ 412,505,188 expenses income taxes- revenues Pan-American Petroleum Systems" Chicago & St. Louis Railway Co., above. ; '*>■ (v / Premier Industries, Inc. 1959—5 Mos.—1958 1959—Month—1958 Operating Operating Folder— Philips Co., Inc.—New American North N. Y. S. E. to Be Suspended— on This Co —Earnings— Telegraph & 75,136,759 2787. p. Telephone $ 21,941,000 18,223,000 8,129,319 8,015,077 Earned per share— $2.70 $2.27 Unfilled orders as of June 30, 1959, totaled $758,285,759, compared with $534,396,730 on the like date in 1958. This backlog figure does not include portions of new. orders not yet finally committed.—V. 189, outstanding 159. p. Period End. May 31— 5,342,000 8,015,077 $0.67 8,701,000 8,129,319 $1.07 income Net Shares 190, Pacific 37,962,000 19,739,000 above. 1,197.200 shares of common stock to be offered at par (25 cents per share),. without underwriting. The proceeds are to be used for expenses incidental to exploring and developing of oil and gas properties.—V. 189, p. 2354. decree of, condemnation, based on pursuant* to which the company $205,000. The depreciated original 1958, was approximately $160,000. ' V :V The case was settled by a stipulation between the parties, was paid a net purchase price of cost of such facilities, at Dec. 31, $ 45,716,000 23.775,000 Corp., Prairie Petroleum, Inc., Denver, The For many years had been in competition in a section of that city with owned electric distribution system. Revenues from such for. the 12 months ended Dec. 31, 1958, were approximately $88,000, 678,379,646 Utility company facilities Higher— $ above. and 189, SEC municipally a 1 . Securities and Exchange Commission— company officers transferred to the electric distribu¬ by Court decree the company 1959, , - Effective— City of Milton-Freewater, Ore., a small section of its tion facilities in and adjacent to that community. inc. taxes 11, June 1595—9 Months—1953 * 267,052,250 216,194,916 743,794,864 income On V above. Corp., 2902. p. covering - revenue. a 1959—3 Months—1958 ' r ■ Federal before Net ' other and Sales ' • , The merger has been approved by al' regulatory jurisdiction and,', on June 1,. it became an accom¬ Such merger added 3,300 customers, approximately net plant ,and $580,000 of current annual operating of $1,500,000 purposes. Aviation, Inc.—Earnings American North Period End. June 30— 134, Files With having fact. Pharmaceutical Industries, Inc. Corp., Utility Public Pomona Tile — • so Inc.—Merger Planned— Cleveland, Cincinnati, See, Electric Co. Rawlins plished sale of sensitized photocopy paper and chemicals and related accessories. It has out¬ standing 323,400 shares of stock. Net proceeds of the sale of the additional stock will be used to reduce short-term bank obligations, to finance the research and development of new products," to expand the scope of the photocopy and business equipment operation and to discharge amounts due to officers. The balance of the proceeds will used Central —V. and jet industry, television electronic organs.— . Public Stock Trading for missiles , Light Co.—Merger & Power Pacific The authorities in the manufacture and engage " 2783. p. Utility Industries, Central —V. and the distribution and photocopy machines sale of 189, was Pittsburgh, Fort Wayne & Chicago Railway—Common in government orders Mo ; facilities. Army in May. Pacific Mercury line of porEab'le" "electric plants was intro¬ 1958, distributorships have been established in 123 cities , recent 93. Army total of over $3,500,000 construction .of Thojaias called cigarette Philips Roxane, Inc.—Merger Planned— plants which are manufactured in its Jopin, excess of $1,000,000 was received from the wiring systems p. Public Central See equipment used by the and .the well-known line aircraft, 190, Electronics & Philips See throughout the country. Pacific Mercury also produces Corp.—Regis¬ Commission— Securities & Exchange ter With Since possible.—V. See in contract style new —Merger Planned— calls for for electric A a . >. introduction in the successful that the decided to step up production, distribution and marketing and extend its availability from coast to coast■ as soon Philips Calif.— Sepulveda, company The'company new has a . the corporation's assets, as of June 30; 1959 was $290,326,801, or $103.34 per share, compared with *294,563,229, and $104.85 per .'hare, at Dec. 31, 1958.—V. 190. p. 158. The ac.tiviciij as 1972. p Electronics, Mercury of Corps compared with $4,461,6o2 1958, based on 2,809,385 charges, was $5,284,178 or $1.88 per share and $1.59 per share for same period in shares company wide a on popular filter prices. According to Mr. Cullman, Alpine's Syracuse, and Albany areas Rochester, Porter Co., Hatboro, and industrial glass has been awarded a $2,400,000 contract by the Engineers for electric generating plants. The order than 2,500 five kilov/att units. • This after all ended months six at Contract— Corp.—Earnings Higher— June 30, 1959 net income, Newmont Mining 139, hydiofluoric acid.—V. Pacific For pipe has underway gaining application in many industries, including pharmaceutical, chemical, food, dairy, palp and paper, *.vine brewing, plating, photoengraving and others. It possesses excellent corrosion, chemical and heat resistance, clear-view transparency, and exceptional ruggedness. Tests have shown that KG-33 glass is highly resistant to ail types of solutions with a few exceptions, such as 54. toe manufacturers Pa., ended June 30, fixed charges and before dividends $15,161,811 for the 12 months ended June to $13,107,800 for the previous 12 months compared p. $102,000,964 for the 12 months $93,400,726 for the 1958 period. to after income Net were revenues Gross Products Division of the Fischer.& oi" process instrumentation the Glass by share for the to common stock was equivalent to $4.07 a 12 months ended June 30, 1959, as compared to $3.45 a share for the 12 months ended June 30, 1953. The earnings per share are cal¬ culated on the basis of 3,337.475 shares of common stock outstanding at the end of both periods. is distribution which for the first time combines three features rapidly in popularity among smokers—high filtration with a light touch of menthol and high porosity "air conditioning" paper—Joseph F. C«llman, 3rd, President, announced on July 21. Alpine will sell Glass match or excel the performance of any similar line now produced. ......... entire line of pipe and fittings is sold and,distributed nationally being corporation on July 21 The applicable Philip Morris Inc.—New Light Menthol Cigarette— National fittings and Electric & Gas Corp.—Earnings— reported that the balance of net income York State New last will be available Alpine, Co.—New Products— The availability of a wide line of Kimax tempered industrial glass pipe and fittings was announced on July 1 by Kimble' Glass Co., a subsidiary. Manufactured from KG-33 borosilicate glass, the new pipe 2244. p. that negotiations had not progressed to a point public announcement could be made."—V. 190, p. 158. any Owens-Illinois , the corresponding period been of other personal with representatives acquisitions similar discussing for by the Food and Drug Administration and thai Niamid to U. S. physicians about July 28.—V. 189, p. 2788. been holding companies but months were for the latest 12 with $43,111,094 for 351.617,491 compared approximately $1,These to the fund assets aggregating in exchange j 73,173 shares of its stock. distributed to Virginia's shareholders. Richardson stated that "the officers of the fund have receiving 037,000, shares have on respective Dorsey holding com¬ Delaware personal a transferred pany, the 12 months that period or *4 275 975 on a consolidated basis compared with $3,756,692 tor the sain" period last year. After allowance for dividends on the preferred chares, this amounts to SI.72 per average common share issued and outstanding in the current period compared with SI.52 per average common share outstanding for the corresponding previous period based 2,461,122 and 2.440,969 average common shares outstanding in the earnings, for to surplus for in a summary of 1959 shows a balance Association This ended Investigators in 32 countries are now exploring the use of depression and various otner ailments. In patients with Niamid has achieved symptomatic improvement, re¬ ducing pain and frequency of angin.l attacks. The drug is . also unaer investigation in the management of patients with arthritis , and other chronic diseases; by alleviating depression brought on by this chronic ailment, Niamid may improve mental outlook, increase appetite, and decrease fatigability. Similar patent applications on Niamid and a series of structurally, related compounds, and pro-esses for manufacturing these compounds, have' been filed by Pfizer in countries throughout the world. A Pfizer spokesman said a new cirug application lias been accepted of The Vir¬ announced on July 15 by Delaware Corp., it was Richardson, President. The Virginia & Delaware Corp., & and a series of (nialamide! compounds has been issued to this corporation. as a full-range anti-depressant agent and mood- described pectoris, both the angina Inc.—Acquisition— Fund, substantially all of the assets acquired has fund This ginia Association—Earnings— Electric England Gas & New exchangeable for whole fractional scrip delivered.—V. I&9. P- 263. related brightener. Niamid relations 1970. 139, p. William Street One sns: — fractional shares, of Pfizer & Co., Inc.—ftfew Mental Drug— covering the new drug Niamid patent Niamid is the ap¬ Laboratories Division has announced Miele, Inc. of New York City as public Eaton of Fuller, counsel.—V. \\ J"'* — Worcester company's pointment •' h 5? Suburban lieu The . c'e — — Counsel— Co.—Public Relations Pharmacal Norwich ' be exchanged therefor Merrimack 1959, A structurally FnrFachComiron In 1 ratios: change (Chas.) personnel are changes In oolicy or operates a steel warehouse. No contemplated.—V. 189, p. 2733. at the iollowing ex¬ Weymouth and Worcester Suburban, Berkshire, section is illustrated with application photos and concise engi¬ neering-data indicating the manner in. which Pfaudler Permutit will plan, engineer and manufacture facilities for" -specific unit operations or: integrated continuous operations.—V. 189, pp. 2722 and 2569'. Public Service Company Stock of New Hampshire—Common public offering of 396,000 shares of stock (par $5) was made July 23 by an under¬ Offered—A common Kidder, Peabody & Co. was priced at $18,625 share. Offering oversubscribed and the books closed.: writing group headed jointly by and per ..BUSINESS—The 80% of the used to company reduce proceeds the expenditures from company's for construction purposes, Capital furnishes electric service to approximate!} of New Hampshire. population PROCEEDS—Net be The stock Blyth & Co., Inc. in the sale of the short-term bank common stock borrowing wil incurre which currently amount to about $10,000,000 1959 are (Continued expected to on page total $15,800,000, 49) witl Volume 190 Number 5867 The Commercial and Financial Chronicle ... Per DIVIDENDS nounced' during the current week. Then we follow with a second table in which we show the payments previ¬ ously announced, but which have not yet reached their payment date. /'■ ■ ■ • • Per Name of A. B. C. Company Share Vending Corp. (quar.) Advisers Fund, (2-for-l stock split) Air Reduction Co., common (quar.) 4.50% preferred 1951 "series (quar.) Alabama 8c $100 25c share per plus this 6% 8-28 $1.05 10- 1 $1.15 10- 1 9-11 Alpha Portland Aluminium, American 6% preferred American Corp. 1 30c 10- 1 10- 1 9-24 First 8-15 7-27 8-15 9-24 $3 Foundry Co., 37 ¥2 c 9-10 Arrowhead & Franklin 1 9- 4 16 ¥» c 9-18 8-20 $4.50 Mills, 5% preferred 5%% Freeport Sulphur the Bastian-Morley Co., Bayless (A. 1 8-10 General Foods 8-10 General Merchandise 21c 8-14 7-31 General Metals com. $2 9-15 8-14 General Steel ____ $1 1 9- 1 Godfrey Castings (quar.)__ Company (quar.) 8-17 8- 3 Gossard (H. 8- 7-24 stockhold¬ 7-15 Great Atlantic 15c 8- 1 7-15 Great 8- 1 7-15 Gregory 8- 1 7-17 Great Northern 8- 1 7-17 Great West 9- 4 Bayuk Beck Cigars, (A. 4%% Bell Inc. 8c Howell pid. Corp., common Co. 4.25% ■ Brooks, Fund 8-15 8- 8-10 7-31 50c 9-15 8-31 15c (quar.) preferred Bobbie Boston 7-23 8- 5 5 9- 8-17 9- 14c 1 1 8- 7 v ; ;_ $1.06 ¥4 Inc 10- 1 1 9-11 9-15 17 ¥2 c income) 8-15 8-28 7-31 Bowater Corp. of North America, Ltd.—■ (quar.) :_. ; preferred (quar.) Brooklyn Garden Apartments (s-a) Brown 8c Sharpe (quar.) Brunning (Charles) Co. (quar.) a 5% preferred Budd Pipe Line Company, 5% preferred Terminal California Cannon Mills Carrier Corp., 4Vz % preferred 4.80% . preferred Carson, Pirie, 4'/2% Scott & preferred (quar.)_ Louisiana Electric, pfd. (quar.) (increased) (quar.) preferred preferred Vermont com. Public 4.65% preferred (quar.) preferred (quar.) (quar.)_ ; ._ _____ investment Corp. 8-20 Interior 9-25 8-14 5 8- 3 Columbian Composite 5(4% Co. preferred Continental 5% ._ Controls Co. Desilu Gas ; Corp. 8- 1 5 securities A 11-16 9-15 11- 5 8-28 9-15 8-28 9-15 10- 6 8-28 1 9-11 9- 1 8-14 9- 2 8-14 9-13 9- 9-13 9- 1 8-28 8- 3 9-29 9- 2 $1.06 ¥4 '» 8- 1 3 7-27 8-14 7-31 8- 5 7-25 9- 1 8-20 9-22 9- 8 $1.25 9- 38c 1 9-18 8-14 8-28 10- 1 9-11 10- 1 9-11 8-15 8- 9- 1 1 8-15 8-15 7-31 8-15 7-31 27c 8-14 7-31 10- 1 9-15 10- 1 9-15 10- 1 9-15 10- 1 9-15 8-15 7-31 7-31 7-30 8-31 7-31 8-15 7-31 10-15 Corp. (New York) 12 ¥2 C 9- 1 9-14 9- 3 9- 8 8-21 8-20 8-14 9- 1 8-10 9- 1 8-10 (quar.) 3 9-15 10- 8-31 1 9-15 15c A (quar.) Department Stores (quar.) ; — Lexington Trust Fund Shares Libbey-Owens-Ford Glass Co. (quar.)__ Lilly (Eli) 8c Co. (quar.) 1 Ling Electronics (name changed to LingAltec Electronics) (s-a)__, Loblaw, Inc. (quar.) _ London and class A (quar.)_ 8-14 3 7-24 7-31 7-12 25c 5% Insurance & Steel 10- 1 9-10 10-15 9-10 10- 9-10 1 (Del.) Industries, Macco Corp. (quar.) Mack Trucks, Inc. Macleods, Ltd., (quar.)_ $5 7-31 7-20 dividend) 50% 9- 1 8-10 8- 5 ,i pfd. (quar.) Phipps Stores Inc., common preferred (quar.) Fund (quar.) 9-10 $1 8- 8-10 1 7-23 8-10 7-29' 9- 8c 1 8-15 Miracle Class B ________—. Products Co. Portland 2-for-l class A :— Cement Co. Monumental Life Insurance Co. 2 10-15 10-15 Mount 14c 8- 7-17 12c 15c 1 8-15 8-28 8- 6 8-14 of sioner Denn (W. Class B Signode Lighting Silvray Sinclair Skelly Oil 1 8-10 8-14 8-20 9-10 8-14 50c 9- 1 8-14 50C 9- 1 8-14 7-31 South Texas Class B Southam —__. Diablo Company (quar.) —:__ 7Vic from from net investment income and realized Securities Public Fund (quar.)_— 3.90% (quar.)— 4.36% 7 Spear Carbon Co., new 8- 7 (quar.)— — ($25 (initial-quar.)__ com. stock split 2-for-l 9-30 9-15 $3.50 9-11 8-19 Standard 8- 1 7-28 8- Water (Conn.) Brands, 3 $1.25 8-14 50c • 7 7-31 8-14 7-31 $1 9- 1 8-14 9- 1 8-13 8-15 75c 9-15 8-15 9- 4 7-30 8- 1 7-13 &<- 8 8-20 8- 9-10 7-31 75c 7-31 7-21 3 7-28 9-28 9- 5 16c 9-15 9- 3 8-14 7-31 9- 7-21 7-14 8-3 •; Class Register A (quar.) Co., com. Sterling Aluminum Products, 8-14 Sterling 60c 7-25 7- 1 Stewart-Warner Corp. 1 Fund, Investment 8-14 7-31 Extra 8-13 7-31 Suburban Gas 9-12 Suburban Propane 9-15 8-25 5.20% Summers Ltd. (quar.) — (John) 11- 1 10-20 11- 1 10-20 8-15 17¥20 Corp. 4Va% 9-24 10-1 8-13 9-15 9-15 9-15 9-10 8- 1 8-13 - 8-14 9- 1 8-28 8-28 9-10 25c 9-15 7-30 8-20 7-23 9-5 8-14 $.041 $25c 7-24 9-1 6-15 8-6 1 8-6 9- 8- 7 7-28 25c 5¥2% convertible com. (quar.) preferred (quar.) preferred A (quar.) second 20c 8-14 9- 1 7-31 8-14 a$.093 33c 28¥sc 41V»c 15c 7-23 9-15 9-1 9-1 10-15 6-11 8- 6 8- 6 8- 6 10- 1 55c 8-28 $12¥20 55c 8-14 9-24 Ltd.— deposit receipts Mid-Continent Oil Co., Symington Wayne Corp. 3 8-28 7-17 28c : (quar.) (quar.) Sons, 8- 9-15 7-31 65c (quar.) Gas & 10-20 27VtC t25c American Sunray 10-20 1 12c (quar.)___ (quar.) (quar. Service preferred 1 11- 50c Inc. Inc. — 9-30 1 11- $1.15 35c Lloyds, Ltd., Amer. dep. rets. ord. Oil, 11- $1.10 87V2C quar.) A.) (D. 10-20 $1.03% —____________ Stewarts 8c 7-22 10-20 45c 65s Stuart 7- 1 10-20 11-1 35s 7-28 7-25 8-14 11-1 97V2C $1.12 ¥2 (quar.)________ 1 8-31 8- 1 (quar.)______— common preferred .__ (quar.)__ 35C 9-11 8- —. Standard 8-12 3 8-25 22V2C 8-19 \ 8.- 27V2C (quar.) par) (initial) Industries 8-31 8-31 8- 92V2C 1 Sperry Rand Corp., common (quar.)__ 4¥2% preferred (quar.)__. 9-29 8-19 8-28 8-25 Co.^— Stamford 8-31 8-14 7-31 8-24 39c (quar.)— 7-31 6c 9-1 8-20 10- 2 10c Co. 7-28 $1 9-17 9-17 t60c 7 $1.25 10-10 10-10 32 ¥20 8-11 3 $1.18% 30c — 8- 8- 8-12 50c ——— 8-25 1 9-17 $1.50 ,__ (quar.) (quar.) —.—;___ (quar.) ______ur_; (quar.)__ 8-25 9- 8-12 10-10 45c (quar.)____.— 25c 40c 1 7V2C — (quar.) 4.40% 7-24 9- 25c — ___________ Service Spartan 9-16 10-16 1 15c (increased) 7-31 8-19 10-16 9- — Service 9-10 1 1 11- 1 of income- 8-15 9-10 11- 1 10c Electric 9-28 7-31 8-14 9- Commis¬ (quar.)__ common $30c (quar.) _— 8-14 9- 1 8-14 50C 9-11 8-21 lVic 1 profits 9c 8-15 8- (Boston) 7c 8-25 7-31 security approval (quar.)_ investment preferred preferred preferred 10- 7-24 9-10 Investors, Inc.— From preferred 30c 8-28 7-31 35c to Southwestern 4.15% 62 Vac 8-28 .9-15 30c (quar.) 4.40% 5c 1 $1 Ltd. 7-24 12 VaC 8-28 10- 3 10- 1 32V2C : (quar.) 7-20 50c Murphy (G. ?C.) Co. (quar.) Muskogee Company (quar.) Mutual Investment Fund, Inc.— Mutual :—.— (quar.) 7-31 - 9-13 10c 25c Inc. (quar.) (quar.) 8-14 62 VaC 7-31 15c preferred preferred preferred 8- 8-15 1 $31 Vic (quar.) Corp class A Co., 7-20 $1.25 8- $15c $1 (quar.) 1 7-20 8-15 8-13 85c California Pen, Company Common 7-31 8-27 9- t25c (quar.)__ Southwestern 8- 9-1 50c (quar.)___ Co. (quar.) Oil Co. (quar.) Development, class A Co. Southern 7-21 1 10c Corp. 9- 8-10 8- 25c Co. (quar.) Smith Agricultural Chemical Co.— Mobil 1 9-10 $1 Oil 6% preferred Smith-Douglass 9- "• $1.07¥2 — _____ Strapping Socony 9-10 (monthly)— _________ - Steel 7-31 9-15 25c (quar.) 1 preferred 9-11 40c (quar.) Extra 4% : 8-15 3% (quar.)_ Co. Mining Sherwin-Williams •" 9-25 $1.25 and A.) 8-28 7-19 15c Insurance 8-17 30c (quar.) 2 8-15 stockholders 9-30 8-25 90c Ry. Co.— (resumed) _1 Falls & 8-28 — (quar.) common Roebuck 9-10 lie J.) Co. (N. Y.)— (initial quar.) 25c (quar.) 11- 8-31 New 8-28 9-30 . (quar.) Surety 8-28 9-30 '• .______^ common preferred preferred 1 __ 11- S23 Finance, 9-30 15c (N. (quar.) 35c 10c 10c $4.75 75c (quar.) ,Morgan Engineering Co., common (quar.)—_ $2.50 prior preferred (quar.) Morrison-Knudsen, Inc. (quar.) 1 Motor Finance Corp., common (quar.)_ $5 preferred (quar.) 6-30 Seaboard 9- 50c v (quar.)—._—.___ A common preferred 8-28 8-28 9-30 *.-$1.02 30c $3.40 preferred (quar.) $4 preferred (quar.) Scythes 8c Co., Ltd., common 5% 7-20 9-30 20c (quar.) Co. Co., 8-15 5c (quar.) Monsanto Chemical Co. 8-21 $1.50 Paper 15c < (quar.) split 7-24 7-31 Scott Bantam 1 20c (quar.) (initial) 8- 8-14 Schield 1 50c V Francisco 9- 55c (quar.) (quar.) Missouri Natural Gas Co. 1 8-10 Louis-San 8- 1 7-31 15c ts-a) (quar.)—__. class 8-7 $1.26Vi Co. (quar.) preferred 10- 100% common Adhesives, 4 8-31 4.30% 8c Products— — Materials Co., common— 5% preferred (quar.) . Minneapolis 8c St. Louis Ry. (quar.) 9- 29c Dairy, 7-31 9-1 $1.07% dividend). Co. 8-15 $1.04Va : Safeway Stores Inc., common 4% preferred (quar.)_ St. 8-14 8-15 35c ; • 50c Midwest Packaging 9- $17 V2C Oak Royal 8-12 1 Co.— (quar.) Tool 8c 7-31 9- $1 (quar.) (quar.) 45c (quar.) Automotive 12 Vac 3 (stock Carpet 35c 15C , preferred (quar.)——_—;—_______— 40c __ B 10c l. dividend Gas ■ $6c —.— (quar.)_. 10c 6% 7 25C — preferred A (quar.)_—— Macmillan Co., common (quar.)—.—.___— Maremont Jersey) (quar.)___ (quar.) ..... Gear Roxbury 1 22'/2c (quar.)_— (increased) Southwestern 6% Mohawk Rubber Co. 31 %C - 4.60% Missouri Inc. ; (stock 3 8- payments omitted at Lucky Lager Breweries, Ltd Lynch Carrier System, Inc. $2.50 preferred Mickelberry's Food 8- Class Ross 7-28 9- 9-2 8-14 25c Mfg. Co. (increased).— Corp., common (quar.) Rogers 3.70% Lorain Telephone Co. 8-21 9-10 65%C Life 9- 8-31 Hosiery Mills, Ltd.— Common 1 10c Rheem 8-15 7-27 27c Inc. 25c Company (quar.) Lees (James) 8c Eons (quar.) Lehigh Portland Cement Co. (quar.) 9- 25c ■ 1 8-17 37V2C (quar.) Insurance 50c 8c — common 9-12 $6V»C , 25c Leatli Electric 8c Inc. Sbeaffer 50c (S.) McCord Corp., 7-24 1 Ranco, (New Security Title Insurance— 3-tor-l stock split subject $1.25 Ltd. Kratter Corp., class A (increased monthly)— Class B (increased monthly)— 9-15 1 -V*:• City 9- 25c (quar.) (reduced). Sears, Klein 1 8- 5.05% Quaker 9-15 1 7 Vic Sealright-Oswego Keystone Steel & Wire Co. (Del.) (quar.) Kings County Trust (B'klyn, N. Y.) (quar.) 10- — 4.30% 1 9- 30c (quar.) preferred preferred preferred preferred 4.18% 8-21 10- 55c ! (quar.) .9-1 10c 45c Co. preferred 4.08% 1 31V»c (quar.) common America Service $1.40 • 5c 9- 8-17 Co. 8- $1.40 class ,8-17 7-31 — (quar.) Co., 1 7-10 9-30 9-28 Public Shattuck 8c 9- 1 10-24 Kelly Douglas $1.25 1 5 Kekaha Sugar Co., 7-25 (quar.) (quar.) Water 7-24 7 1 9- 11- ._.— 8-10 Princeton of 8- __ preferred $5 Inc., preferred Co. 8-12 split Talbot, Potash 7-24 8- 8-15 10c Common — 8-20 6% 8-14 9-5 9-11 Corp. (quar.) Hopewell Gas Co. Company (quar.) & 1 10c 8- 4 8-14 Pope 7-28 9- ($0.01 Circle 8c 8 50c Petersburg & Poor 8-17 8- (quar.) 13c 7 8-15 1 Perfect stock 9-1 __ Company (quar.)___ Coal Co., common (quar.) 2-for-l 9-15 $1.14 pfd. 40c Co., 22c 8- preferred & 25c (initial) ?-2'8 1 7c • & Seaboard 7-25 1st C.) 8-10 from (quar.) 8- 62Vic (quar.) Petroleum Jose Brewing Utilities Investment $5 12c (quar.) Corp. Telephone San 7- 1 40c profits class Holdings of 9- 50c and 3 8"-10 dividend) 7-27 3c Copper- 7 8- 9-10 22Vic (quar.)__ ; (stock Refractory 8c Insulation Corp. Quarterly a8¥a% . 8- 8-14 35c Inc.— Rayonier, 8c (quar.)_ 8-17 ( 8-7 8-14 25c (quar.)__ 9-15 8- 8-31 60c (quar.) :_ (quar.) Income 7-31 8-20 1 9- 25c (quar.) America Productions 8-15 10- 1 5% 20c 5 ¥2% Delaware 7-31 5 Common 62c Imperial Mills, Ltd. (quar.) Crossett Company, class A (quar.) Dean Britain 9-1 9-1 " 25c prior preferred Co. (quar.) Pearl 8-10 8- Stock (quar.) Telephone, 1 9- 8-14 87 ¥2 C Cosmos B Great 8-14 25c convertible Penn 7 9- 8-31 ¥4 c 5% 5 8-15 25c (quar.) Extra Corp. (quar.) Copper Range Co. (quar.) Corning Natural Gas (quar.) Class 9- 8- 6c Jamestown 60c Cooper-Bessemer Cuban 8- 1 10c 8-14 (S. Parsons 8-14 8-24 50c 1 40c of of Co. Co. Petroleum share Peabody 7-10 9-10 25c (Del.) Commercial 9- 5 50c (quar.) Copper preferred 8-12 9- 8-14 25c Quarterly Continental 4 Investors, Inc Interprovincial Pipe Line (quar.) 9-10 $1.12 ¥2 —-_. Corp., American 7 9- this time. (quar.) Inc. Consolidated ,Foods Stock dividend 8- Investors 9- „ .__ (quar.) Natural Fund, 1 9-25 $2 Corp. Breweries, 40c 25C Wire Carbon Commonwealth realized 75c 30c Aikman 9- 1 20c ; 8-28 9-1 $1 i income Glass Parkersburg-Aetna, 7-15 12 Vac* ■ (quar.) International 8- 3c income) (quar.) Insulated 8- 35c Inc Co. International 8-20 7 Vac _— 8c 9-18 Foundation Fund— 1 12 Vac 8c Pittsburgh RR.— Special gtd. (quar.) 7% gtd. (quar.) Coca-Cola Bottling Corp. (Cinn.) — Class A (quar.) Collyer 9-30 15c investment income 1 Cleveland Collins 7-30 $1 quar.) common Consolidated from 9- 5% (quar.) Co. 10c Steel 9- $1.34% (quar.) Service 8-14 20c — 4 ¥2% preferred (quar.)_ Chicago Pneumatic Tool Co. (quar.) Chicago Yellow Cab Co. (quar.) Chrysler Inland 10-20 $1.19 Chenango & Unadilla Telephone Corp.— Cities 1 $1.04 ___ Properties (stock dividend) Chambersburg Engineering (quar.)___ Channing Corp., new com. (initial) Chase Fund (Boston)— Common Institutional 9- $1.16 ._, Century (From 7 8-14 $$1.62 A__ (quar.) Tobacco Inspiration 45c (quar.) 4.75% < pfd. (quar.) Corp., Process 8-11 Service- 4.15% ■ Houdry 1 50c ______ preferred 8- 1 20c . Ltd., (increased Barbizon, 9-15 $1.12 ¥2 (increased) preferred (quar.) 5%% Hotel 9- $1.16 + (quar.) (quar.)_____ Common 1 E.) Co. preferred 35c $1.12 ¥2 .'_ Stock dividend Central $4.25 3-14 2% Co. trust (quar.) Chemical 8-14 $1.12 ¥2 4V2% Soya 4 9- $$1.25 (quar.)_ certificates) Company, common preferred (quar.) 5% Hooker 1 56 9- $22 Vac (quar.) .__ International, (Charles Mfg. One 1 Co.— (quar.) 4.64% 4.50% Hires Hobart 9- 1 9- 25c common (voting Farms 8-31 9-14 9-15 $0.02 common Co. 60c __. Foundry Co., $5 conv. Central Illinois Light, common Central Co., preferred Hardee Ltd., (quar.) Watch Common 4% Co., Gasoline 9- 8-14 $1.16 shares Inglewood 20c ;______ . Central Central preferred Hamilton 40c (quar.)__ preferred 5% American 5 (quar.) (quar.)_; Co. (quar.) preferred (quar.)__ 9- 10c common Brick 4.64% 1 Co. (quar.) Company (quar.)____________ Carborundum Fibre Cotton 25c (quar.) 8-17 75c 10- 25c 9-10 9-15 $12 Vac (quar.) 10- 1 25c par) for each two shares held Paramount Pictures Corp. (quar.) 8-20 40c (quar.) (interim) 25c 8-14 $12 VaC ordinary $1.25 1 9-15 20c (quar.) Ltd., class A Co., 30c - Co. Co... Co. Ireland, (quar.) 9- Insurance (quar.) 5 ;• 3 12 Vac Dock & 9- (quar.)_ Power Tea 1 Co Electric Pacific 10- $3 3 8- 25c (quar.)__ Life $68 %c (quar.) (quarO— Burroughs Corp. Bush Co. common Insurance $62 Vac __ 8- 8-15 35c (quar.) Ry. Ltd. Hamilton Imperial ___. 5 ¥2% Buckeye P.) Hadfields, 7-31 13c : investment 9- 8-15 15c Homasote 100% ______ (quar.) (From 8-17 r-4 00 omitted at this time.) (stock dividend) Gas 8c Electric Co.— Valley 8-15 1 15c Decker Mfg. 8c 1 8- $1.37 ¥2 _ Oil— (Common payment Blackstone 9- (quar.) (A. 1 40c (quar.) Power 8-14 100% & Coal B 7-31 9- 8-15 62 ¥2 c ___. (quar.) Bishop Black (quar.) (increased-quar.) Shoe S.I preferred ________ (quar.) 1 $36c .___■ 3V2% 9- 8-10 8- 3 8V2C :_ Fund, investment Common Dredge Industries Class Gulf ____. Co. Lakes H%c 9-18 8-15 10c (quar.) dividend 1 30c 7-31 From C.)— 8- 25c 8-15 65c (quar.) Co. Employees D. 10c $1.13 Pancoastal 30c (quar.) Employees (Wash. 7-31 38c Corp W.) Government 8-15 60c Corp. Street Owens-Illinois 8-14 20c (quar.)- Corp. William One 7-15 7-31 50c (quar.) Co. preferred Edison 1 30C iquar.) 1 Co. F.), Parker (s-a) 9- \ N 8-14 35c Co. (quar.) (quar.) Co. (quar.) Co., 4.56% Brewing Co Mfg. 1 25c 9- Service Oak Ohio $1.18% 12 ¥2 c $31c Markets J.) Co. Gas Co. preferred $1.15 ___ Finance 1 8-7 8-25 50c (quar.) (Hartford) Co. 6% 8- Inc.— General Ltd.— (quar.) (quar.) Funds, Loom (Charles 9- 9c Fruit Oklahoma Pharmacal 8-15 7c 6 17 ¥2 c 8-21 (Illinois) Insurance $1.10 series of 8-21 8-29 Gas 5c series Stock (quar.)_ Commercial Shore $1 (quar.) Custodian 5 10- 9-1 15c (quar.) 8-14 9-10 $1.12 ¥2 8-10 (quar.) preferred Bankers (quar.) 4% preferred Bond 8-28 60c $25 (quar.) 8c Company Income Green Bailey-Selburn Oil & Gas, 8-15 Olympia 1 __ 1 Rubber— 9- i 30c 25c Cigar j. 9- Noyes Gas . 8-7 15c Corp. dividend)—___ —— 8-24 General ______ 3 9-15 75c (quar.) 7-31 7 Norwich 8c Government (quar.) 9- 8- 8-24 8-25 ; (stock 8-11 9-1 5% (quar.) Chemical Co. 1 20c England Telephone & Telegraph— split subject to stockholders ap¬ proval Sept. 29 New York,. Chicago 8c St. Louis RR. (quar.) Newport News Shipbuilding & Dry Dock Co. Quarterly Nopco Chemical, 4% preferred A (quar.) 9-15 9-15 (quar.)______ (quar.) Collieries 9-21 37 Vac 8- 10- 9-15 9- 5-for-l 3 (quar.) 1 __u___; common preferred 8- Northeastern 9- Atlantic Ayshire 7-20 North 50c A 1 8-20 8-27 $2 Newspapers class tS'/c preferred (quar.) 6¥a% preferred iquar.) 8-15 8-10 9-15 preferred____l___ Augusta 8- 1 9-15 12 ¥2 c & of R*Q-~ 10-15 30c —__ —_ preferred Starch Chemical Holder* Payable Chemical— & convertible 9-10 60c to 60c 9- 20c West Point RR Avondale Tire 4.75% Foxboro 10- (quar.) City Electric— (Three-for-two split subject ers approval Sept. 9.) Nease 25c \ (quar.) Banking (Ga.) (quar.) preferred (quar.) preferred (quar.)__ preferred (quar.) 5 75c (quar.) 8c (quar.) Co. preferred 4 1 (quar.) National 1 Share 30c (quar.) 43 %c 60c Puritas Water 1 9- 60C (quar.) Power, 8- 5 10- ! 9- Common Co. Railroad 8-14 9- 30c Associated Telephone & Telegraph Co., $4 participating class A (quar.) Associated Truck Lines, Inc., class A Atlanta 4¥a% 9- tl2¥ac _ common.. participating 7-31 9-15 National (quar.) Corp. 4.60% _ Participating 8-15 9-15 (quar.) quarterly Drug & Cnemicai Corp.— Co. Gas Firestone 9-24 time). ___ Steel Farms 7-31 - Register Increased 25c Florida 35c Photocopy Equipment Co.— Quarterly ________ American 7-20 8-15 Industries, Ltd.— Federal-Mogul-Bower Bearings, Inc. Fifty Associates (Boston) (s-a) 1 American Arden 7-31 55c shares Bearing 9- (quar.) (quar.) Corp.__ Motors 7-31 15c Musical Equitable 10- .__ Insulator American & American $2 (quar.)_ (quar.) Hospital Supply American Electric $1.37 Va common 8-25 Northern .___ ___ Co., Distillers ¥2% 10c Extra (quar.) (quar.)___ (quar.)_ Note National 10c _____ Emery Industries Emporium-Capwell Fafnir Cement Ltd. Bank 8-27 25c (quar.) (quar.) ________ Fedders this 10-26 25c (quar.) common Cash 20c ; Associates (quar.) Auto-Lite (increased) Electric July .__ Company National When Per . Name of 7-15 9c Utilities 4.40% omitted at Holders 1 a8 Inc._J_ Fund, Finance Eastern • payment 8- New Eastern 75c (quar.)__; Cement, class A A Inc., preierred 7-31 $2 Allied Products— (Common preferred 5% 9-11 .____ . A Portland 4% 8-18 dividend. -■ Payable of Rec. 15c $1.25 Investment Dunham-Bush, Share - Doughboy Industries, class A (quar.)_„ Drackect Company, com. _(quar.) 8-18 5 prior pfd. (s-a)_ preferred (s-a) preferred Diversified 7-28 5 9- Company Diocesan Investment Trust SharesDistillers Co., Ltd. (final) 8-11 9- $4 convertible 5¥a% Allentown 8-25 62 ¥2 c 31, 1959.) Algoma Central & Hudson Bay Ry.— 6% preferred (quer.)__. Alleghany Corp., Holders $1.12 ¥2 , Chemical Corp., $6 conv. pfd.___ issue called for redemption at (Entire When Payable 0/Bee. (quar.)_. Power, $4.20 preferred preferred (quar.)______ 4.60% Alco Oil When . Name of - Dividend announcements are grouped in two separate tables. In the first we indicate all the dividends an¬ 11 (363) (quar.) Taylor-Pearson & Carson (Canada), Ltd.— 5% convertible preferred (quar.) Tennessee Corp. (quar.) 2-for-l split subject to approval of stock¬ Tampax, Inc. holders Sept. 17. 8- 7 _ 7-30 9-10 The Commercial and Financial Chronicle 12 Tennessee Gas Transmission Common preferred 4.50% preferred preferred 4.64% 4.65% preferred preferred preferred preferred 4.72% 4.90% 5.10% 5.12% Pacific Texas 1 9-11 10- 1 9-11 10- 1 9-11 Anderson, $1.16 10- 1 9-11 :_ Oil & Anderson Co. & Corp., Electric 1 9-11 1 9-11 Anheuser-Busch, Inc. 1010- 1 9-11 Animal Trap Co. $1.28 10- 1 9-11 preferred (quar.). Anthesi-Imperial, Ltd.— $5.25 preferred 1955, series $1.31 ¥4 10- 1 9- 4 3-11 8-15 30c Co. 25c — 7-24 8-14 8-20 9-10 "35c (quar.) 1 8- Steel Union Class A i" 6% U. 4»/2% U. S. (N. Class Canada Canada Southern 8r 1 7- 6 (quar.) — 30c Public. Service, Arizona Quarterly Van 8- 3 7-30 3- 3 7-30 $1.12 Vi 9- 35c Aro 12-11 1-1-60 8-17 7-31 9- 1 7-31 9- 1 Steel, Ltd, preferred (quar.)———.—.— ,, Canadian Indusdries, Ltd,.com. (quar.)—Canadian International Investment Trust, preferred (quar.)—. Associated Electrical Industries, Ltd.— Associated Stationers Supply (quar.) Atchison, Walter (Jim) Washington Steel Corp., 4.80% convertible Webster Investors)., Ohio West Western Gas Railway Whirlpool ,4,A% - White ' Corp., 514 % White Co., Class. B 3.60% 6% Electric preferred Wood Power preferred Co., Wright Line, Inc., class B 4% 8-21 4.75% 9-10 8-21 4.10% preferred 9-10 4.35% preferred 9-17 8-15 8- 8-15 3 9- 1 8- 90c 9- 1 10-31 10-15 ¥2 c 9-10 8-25 15c 7-29 Atlantic 8-14 $1.50 7-22 22 (quar,)__ Coast 3 42 ¥2 C a_ — Atlantic 3 8- (quar.)——. Atlas Atlas 9-15 $1.25 8-14 in previous and not yet paid. The list does not include divi¬ announced this week, these being given in the weeks dends Name ACF Share of Company 10c Stores (quar.) Incorporated (quar.) Wrigley AMP, Aberdeen Fund Stock 15c * 6-30 7-27 Class 5% (quar.) A Acme Precision $1.10 Adams Co. Adams-Millis Aeronca Brass Mills, Co, 7-24 8- 1 1 1 Inc., 9- 1 1 ; 9-21 9- Aluminum Ltd. 9- 8- Co. of $1.50 ——— 9- 1 8- 8- 3 Co. 9- 1 50c 1st preferred 18 %c common American Co., new Bosch Arma preferred 8-10 10- (Quarterly 5 9- 9-10 10- 8- 50c 25c $1.25 25c 7-31 7-16 8-12 8-28 10- 1 9-15 8-14 1 9- 9- 1 1 7-17 8- 1 7-10 income) 3%c 50c 95c From 11-30 8-15 7-31 8- 7-14 (quar.) Climax 1 8-10 9-10 8-25 8- 1 7- 8- 1 7- $1.25 _. 8- 1 7-20 3 $1.12 ¥a 9- 1 Co.— / 8-21 ! preferred (quar.) 30c 7-31 7-17 CO 7- Fund— investment income J 6c 1 CO 8 American National Insurance Co. (Galveston) Quarterly 3o American Natural 6% preferred American Potash Gas, com. & 11-30 $1 9-15 9- 1 9-15 7% prior 1st preferred $1.75 9-24 9- 9- 8-24 1 1 Corp.— (quar.) 31¥4C American Thermos Products Viscose Corp. $1.75 9- (quar.)__ (increased-quar.) 1 7-15 7-28 7-16 7-31 7-15 1 7-17 12 ¥2 c 7-31 7-16 4% 25c 9-30 9-11 Coastal 50c 8-15 7-24 Stock 8- 50c 2.——— Iron, Coca-Cola Cleveland Ridge ! Mutual 5% Fund income) 8c 314% (quar.)— preferred States Life ——— Insurance ; Food Stock preferred Mines Taunton 8 Collins 10- 1 9- 9 Colonial 10-10 9-20 10-10 9-20 70c com. 1 —— 7-20 37 ¥2 c 8- 1 7-20 8-31 7-31 8-11 7-28 25c 8- 1 75C 9- 1 "-14 60c 8-14 7-15 30c 8-15 8- 7-10 9- 1 7-10 5 9-21 9- 1 87 ¥20 8- 1 7- 7 87 Va C 11- 1 10- 7 $1 8- 1 $1 7-20 10c 7-31 7-27 $1 7-31 7-27 a 7-13 8-14 1 9-15 10- 1 9-15 8- 1 7-20 20c 8-14 7-24 10c 8-14 10- $1.18% 7-24 1 8- 7-20 . $1.50 1-1-60 12-18 7-31 7-21 7-31 7-21 35c 9-15 $1.12 ¥2 9-15 9- 45c 8-15 7-20 1 9- 1 4 10- 1 9- 87 ¥2 C 9- 1 8-10 50c 9- 1 8-10 40c 9- 1 8-10 $1 9- 1 8-10 $1.12 ¥2 8-25 8- 5 75c 7-29 7- 7 $20c 1 7-31 7-31 7-10 25c 8-15 New 7-31 Gas Co.— 95c 10- 1 9-21 Brooklyn 55c 8- 1 7- 6 Brown 15c 9- 1 8- 9- (quar.)_ Union Gas Co. (quar.)— Company ' Brown Shoe Buckeye Go. Corp. I l_ Buckeye Steel Castings, common 6% preferred - (quar.)_4 Bullock's, Inc., 1 L— 4% preferred (quar.)__ Burman Oil, Ltd, ordinary - Stock Burns dividend & Burry Biscuit $1.25 „ Coi-p.—; Men's Columbus 50c 1 7-22 88- 1 8-13 $1 8- 1 7-15 8-12 6-19 100% 1 7- .7-29 9 Co. of 8-15 15c Assurance 31c (quar.) 8- (A. M.) Co, common— preferred (quar.)- ,____ (stock $1.50 Linen 1st California (quar.) Mills, preferred Electric Power, $3 preferred 4'A% (quar.) class A (quar.) Commonwealth Edison Co, com. (quar.) Combined Paper Locks Co, - 4.64% 5-25% preferred (quar.) preferred (quar.) 8- 1 7-17 8-20 (quar.)_ 5¥2,% Natural preferred Gas, $38c 8- 1 7-15 75c 8- 1 7-15 California Water (quar.) 30c 8-15 preferred preferred (quar.) 27¥ac 8-15 7-31 (quar.) 33¥ac 8-15 7-31 33c c 7-31 8-16 7-24 0 7-31 (quar.) 8-15 7-31 (quar.) 33 ¥2 c 8-15 7-31 5.20% preferred preferred preferred (quar.) 32¥zC 8-15 3l¥»c 8-15 7-31 34%c 8-15 7-31 (quar.) (quar.) ; __. 8-15 7-20 7-30 6-30 8-17 8- 3 7-15 $1.06 8- 1 8- 1 7-15 8- 1 7-15 25c 9- 1 8-15 50c 8- 1 $1.16 8- 1 $1 31 ¥4 8- 1 6-22 6-22 6-22 8-15 7-31 7¥2C 8-14 7-30 10c 7-30 7-15 35c 8-15 8- 1 8-15 8- 1 1 7-15 Light Power, com. Consolidated Edison Co. 5% (N. 9-15 9- 1 12-15 12- 1 10- 1 9- 1 8- 1 7- 9 8- 1 7- 8 51c 8- 1 7- 8 51¥zC 8- 1 7- 8 52V4C 8- 1 7- 8 55c : $50c 50c (s-a) 3- 47 ¥2 c (quar.)__ preferred <quar.)_$2 prefrred (quar.),—, $2.04 preferred (quar.) — $2.Q6 preferred (quar.)— $2.09 preferred (quar.) $2.20 preferred (quar.)— Consolidated Bakeries of Canada Ltd. Consolidated Dearborn Corp. (quar.) $1.90 $20c t50c (increased quar.) (Toronto) (quar.)_ Conduits National Co. Ltd. 7-31 5.50% 7-17 $1.37 ¥2 (quar.)_: common (quar.) 8-11 8-15 5.08% 9-17 10-17 1 22 ¥2 c (quar.) 1 28 %c com. (Pa.) Telephone Concord (initial-quar.) Co. — —- 7-24 Packing, Service 1 2 $1.50 — 7-17 California com. 8-17 $1.16 (quar.)_ 3 17 ¥2 new 1 8- 25c 4.65% preferred (quar.)_ 6% preferred (quar.) . Connecticut pfd. 910- $1.06 ¥4 Compo Shoe Machinery Corp, com. Concord Fund Ltd.— 1_ 7-17 7-20 Electric— 8- 10c 25c (quar.) 7-15 1 1 11- 2 ¥2% dividend) Confederation Life Assn. Cement 1 8- —— $1.75 : (quar.) (quar.)— & Southern Ohio " - $1.25 pfd. 7-31 America— 8- 7-31 7-20 T-4 3l¥»c 6¥JC Commonwealth - preferred l 6 V2C — — & Gas Corp, preferred • 7-22 1 --$15c Semi-annual Byers 7%; $4.25 7-24 units— (qUar.)l convertible Business stock ——' Co,'Ltd. 8-14 9- CO 9-11 . 18- 12c 6¥2C (initial-monthly) —.— Common 1 60c $1.25 9c Power Co. (monthly) stock split———,_x__—. Columbia Gas System Inc. (quar.)— Pictures Com.— 7-31 $1.50 (Increased)— cbmmon 8-15 Columbia 5c 55c 1 (quar.)— (quar.)' 9-30 Inc.— common Monthly Monthly 7 preferred; (quar.)__ and 1956) Central Colorado Oil 7-23 8-15 4% Co.— Finance Two-for-one - 7-13 1 30c investment income From 7-31 8- 87 ¥2 c common pfd .(series 1947 Colorado 7-10 8-14 8- of cash) 8-14 5% (quar.)— (stock dividend) preferred Radio, Colonial Fund, 7-10 $10c (initial) 5% 7-10 1 15c ^ Ltd 88- $1.20 4.78% preferred (quar.)_____ Bourjois, Inc. (quar.) Brockton 3¥2% 7- $1.06 (quar.)— Broadway-Hals Stores,- new 7-17 3% — (quar.) common 1 1 12 ¥2 C ____, Co, 8- 8- preferred 7-17 1 12 ¥2% Colgate-Palmolive Co.— New common (initial-quar.) 87VaC — (quar.) dividend Edison 7-31 $1 - common Stores Engineering Co.—• Common (stock div. in lieu 7-22 8-20 ; preferred 7-15 8- (Atlanta, Ga.) dividend 50c (quar.)_. (quar.)—-— (quar;)—,—, Corp, preferred Borman — 8-14 6c — Corp. (quar.) Booth; Fisheries, 4% preferred Borg-Warner 8- $62¥2C pfd. (quar.). (from net invest¬ Ltd, 1 5.36% 1 9-15 Pittsburgh RR.— & regular guaranteed (quar.)—— special guaranteed (quar.)—: Clinton Milling Machine, common (quar.) — 7% 4% 5.30% 1 10c $5 common (quar.)—— (quar.) — Cleveland Electric Illuminating, com. (incr.) $4.50 -preferred (quar.) — 4 7-10 8- 7-15 1 $1.25 (s-a) preferred $4.50 8-10 8- 7-15 1 8- ——-— preferred (quar.)_,—— Cleveland-Cliffs 1 50c 1 8- 25c .« (s-a) Cleveland, Cincinnati, Chic. & St. Louis Ry. 7-31 35c , 8- — City Stores Co. (quar.)— & Mahoning Ry. 5.28% (guar.)—: American -8- 8- 1 —__—— (s-a)————— com. ——— Clearfield .. (quar.) (quar,) Corp, 1 Smelting & Refining— preferred 9- Co, Extra 4.40% 15c preferred (s-a)— City Investing 12-31 California Interstate Telephone (quar.) ___ 5% 9- $1 Coleman Caldwell $1.25 American 9-30 10-15 7-15 7-15 $4 7-10 $2 —• 9-19 1 preferred (quar.) preferred (quar.) ; American Radiator & Standard Sanitary— Common (quar.) 7% preferred (quar.), 4% 1 8- $5 1 6 9-30 Calaveras 1 12-10 8- 11- 75c preferred Ribbon 7-15 9- Gobain 7-10 11-30 9-15 American-Saint 6-30 7-31 9-10 12-21 20c 11-25 Bottling Co. of Los Angeles (s-a) Cochrane-Dunlop Hardware, Ltd.— Class A (quar.)_——— — ~ 1 (incr.) 7-22 1 9-21 $1 8- 8- 30c com. 8- 25c $1.25 (quar.) — 4%% preferred (quar.)—— Cincinnati Inter-Terminal RR. Co.— 7-13 37 ¥2 c . Chemical, 12-13 7-15 37¥2C (quar.); preferred 8-15 65c (quar.) (quar.) 12-15 lc . Extra 7-31 4 7-31 6 Inc.— (quar.) Monorail Mutual 9* 1 25% convertible net 8-31 12-15 25c dividend preferred American 7-21 1 9-15 5c : 32 ¥2 c $1.20 8- 7-24 63 %C 9- 40c (quar.) ,— Finance Co. (quar.)——— Bralorne-Pioneer 7-21 8-15 7-15 10- — 30c $3.80 25c American Insurance (Newark, N. J.) (quar.) American Laundry Machinery Co American-Marietta Co., common (quar.) American 8-20 7-31 11-27 20c — (quar.)— 6 25c 9-24 4% Co.— Gypsum (stock dividend) Bros. Tobacco, common (quar.) Boston 25c Metal 7-31 30c — Corp. Company 4.25% ; preferred & 8 8- 12-17 1 3% 8-14 8- 30c 414% 7-20 7-20 $50c (quar.):— Works 7- 3-17 10-22 7-15 Iron 8 7-31 $1.25 7-31 Corp. 7- 37¥ac 28¥aC (quar.) 7-20 7-20 7-31 37 ¥2 c (quar.)—Paper Ltd, class A (quar.) ment 40c (monthly) Z_ 5% 7-31 7-31 1-15-60 1 (quar.) (quar.) Series A preferred (quar.) Cincinnati Gas & Electric, com. 7-15 7-31 5 preferred (quar.)—— convertible preferred A Hardware & M'fg. (quar.)— 8- (quar.) A Basic preferred •:.7-30 8-14 Common Series 5% Aircraft 8- 8-14 Common 7-31 7-20 Common Bondstock 7-17 87 ¥2 c Quarterly American 2 8-20 3 6% 7 (quar.) Quarterly Stock 7- 7-31 2 8-15 $1.50 '•* Corp. 7- 7-31 3 Blue 1 8- —:—._—————. Corp, common (quar.)_— preferred (quar.)———_—— Chicago, Milwaukee, St. Paul & Pacific RR. 7-15 7 8- (initial quar.) (quar.) Quarterly Cherry-Burrell 8- Blue 1 c 37 ¥2 C Products 7-16 8- Best 9-18 8-31 Equitable Assurance (NY) (s-a) American Fire & Casualty Co. (Orlando, Fla.) Home 7-31 Bloch 8-21 1 9- American American 7-16 7-31 Corp. 8-12 50c (quar.) Bestwall 5 8- $56c (quar.) American Furniture 7-16 7-31 8-21 Beneficial Corp.— net Co. 7-31 8-21 Beneficial 7-27 12 ¥2 (quar.) from Can 17 ¥2 c 7-16 15c (extra) common 7-31 45c — Chesapeake Corp. (Va.) (quar.)_ — Chesapeake & Ohio Ry, common (quar.)_— 3'4% preferred (quar.)_—— 3¥2% preferred (quar.)— Chain Store Real Estate Trust (Mass.)— 30c Belmont American Business Shares, Inc.— American 8- 3% 4% 9-18 8-11 30c (quar.) (quar.)—. com. 7-14 3% Beech 7-21 1 $25c American Airlines, Inc., common 314% preferred (quar.) 8-. 1 7-31 Belknap Ltd.— American Aggregates, common (quar.)— 5% preferred (quar.)———— American Book 7-14 8-14 Baystate 7-27 93 %C Corp. 8-1 $80c Corp, 7-31 8-15 35c (quar.)__ common Refining, Oil & pref. 6-15 Products 8-15 20c common (quar.)_ $3 conv. (quar.)—_— ----Chase Manhattan Bank (N. Y.) (quar.)—, Champlin 6-15 7-21 8-11 tl2¥2c tl2!/2c :_ (quar.)_ Petroleum 8-10 3c _ 414% 2nd preferred (qUar.),___ Amalgamated Sugar Co,, 5% pfd. (quar.) Amerada 8-10 7-27 Bathurst Power & 6 15c — Canada 1 $1.50 Ltd. 6-19 1 8- $75c $$1.06 $1.05 (quar.)—— Aircraft Co. 7-27 414% 7-31 ___ (quar.) • 8-17 8-17 25c (quar.) of 9- 5% (quar.)_____— 7-15 8-15 $20c ' (quar.) Rubber Corp, preference Barry Controls, class A (stock dividend)— Class B (stock dividend)/— 7-24 12 ¥2 c (quar.) quar.)— America, preferred Aluminum 1 Public 25c 6 $1.37 ¥2 :.___ (quar.)— 3 7-13 30c (quar.) preferred (quar.)___ 6% (quar.) pfd. (quar.) 4'% (quar.) : Utility (quar.)—— preferred preference (quar.)— Central & South West Corp. (quar.)—. 8-10 $1.12 ¥2 7-15 23c $1.50 10c dividend) (stock Inc. Barber-Ellis of Canada, 4 40c (increased-quar.) (increased Aluminium, 7- 1 — (quar.) — & Light Co, Power 4.20% 25c 7-15 (quar.) Piano, preferred Baldwin 7-31 8- 10c Co., 75c conv. pfd. common 7-15 1 8- $1.12 ¥2 1 62 ¥2 C (quar.) — Central Securities 7% 8-14 $15c 25c B ~6% 7-13 9- Baldwin 7-13 8- 12 ¥20 (quar,) (quar.) (quar.) ___: Inc. 8- 7-31 (quar.),— 8-14 1 8- ■ (quar.) Central 1-15 1-15-80 $34c Baldwin-Lima-Hamilton 7-16 14c - $1.25 1 8-14 28c quar.)— (quar.)— Allison Steel Mfg. $3.75 8- 10c common 10-15 7-16 —_— preferred (1947 series) "(quar.) Baker Industries, 25c Ltd. 10-15 15c (quar.)—___——_L preferred Common , 7-14 — _— 9- $llc 10c common (quar,)_— 5% pfd. Ry. Co.— (quar.) Central 1 dividend)—nL„.—_ 8-14 1 $$1.25 25c Central Hudson Gas & Electric Corp. 6 7-24 $34c 6-30 9- - 50C 4% (L. 3.) & Co, common 7-15 7-15 50c (quar.) Corp., Control Class 1 3 7- 8-14 '• - (initial Mfg. Gas Extra 8- 8- 30c (quar.)-—,. Alleghany Corp., 514% preferred Business Machine (quar.) 4% 414% 2% Allen Alsco, 414% Electronics .(scoqk Ayres Products— preferred Allied 7-13 ,—_ „—— Common Alabama Allied 1 8- 8- 7-31 (quar.) $15c — Markets, Common Ltd.— Avnet (Florida)— Co. Corp. Fund Control 6% 8-10 ■< (quar.) Aeroquip Corp (quai;.) Agnew-Surpass Shoe Stores, Akron 8-20 Mfg., 55c preferred (quar.)—. prior preferred (quar.)—— 5¥a% New 9-10 8-25 dividend Advisors Air 1 9-15 2 7 ¥20 (quar.)_ preferred Engineering Stock 10- 5c 4 37Vic1 7-31 $10c 10- 1 of Georgia preferred $2.73 15c .a,—„ — Telephone Co, $$1.25 ,—. (quar.),. preferred 1958 series 5¥2%. preference (quar. Avco Corp. (quar.)_— 9-10 Products, Inc.— convertible Steel Acme 1 (quar,)————,i Industries Acme ._ —: ._ (quar.)_,__: 10- Food Central 30c (quar.) common 514% * $15c Central 9 17V2C convertible preferred A Avalon $30c a- __ (quar.)— preferred A Corp, Corp.—, 9 . (quar.)— 6% convertible preferred B (quar.) — $1.50 nreferred (quar.).___—_—_———— 3 8- 1 6% 9 9- Eanking preferred Instrument 7- 1 1 10-15 15c 20c (quar.)— (quar.)_ 7- 30c (quar.) 7-10 5% common 1 $4c — preferred prior Corp, Cessna (quar.),. Ltd. 7-10 9-12 1 8-21 7c dividend conv. Class Payable of Reo. 9- $0,008 ——I———— .•___: ___ Holdert 9-30 (4c from invest¬ capital gains)— 9- —«—— Central Electric & Gas Co, 5% from 1 1 1 8- $25c ——_ Fund 3c 10- $$1.25 3-10 $1.40 (quar.)— 8-31 8-10 9 9-15 5% —— Mines, Automobile Acadia-Atlantic Sugar Refineries, Ltd.— Common Gold — 1 10- 7- 9-11 25c 10- 75c 4 25c (quar.)— ____ 8-31 $1.05 Inc.— Centers Development $1.20 When (Tulsa) 1 — preferred 9 8- . 7-17 10- $37 ¥2 c 11%C 7% Co., 2nd 7- 9-11 50c 1 pfd. (quar.) (quar.),,-———•—— I.) (J. 8- 93 %c 8- 9-12 , (quar.)—— common 9-30 1 7-15 1 50c (quar.) 7-31 10- 1 5% 50c — 7-31 8-15 1 8-28 50c (quar.) (quar.) Austin; Nichols & Co, common preceding table. Per Co. & Co 8' $1.08% 8-21 8-15 — (quar.) 8- $1.02 ¥2 9-21 U5c 8- 614% 8-20 1 8- $1.18% 7-31 t32¥ac 10- Cenco — 8-31 Caterpillar Tractor Co, common (Increased) 4.20% preferred (iuar.) —• — 6-26 9-14 $55c — +25c 5c 7-31 1 9- > 7-15 $1.75 Co. Carwin Celotex v—.,— ment income and Aunor 1 8- $4.50 (s-a) —-— dividend Ltd. 9- 30c 7-31 5c (quar.)__ Corp. Carlisle 7-15 #-* 1 6-23 40c $$1.25 (quar.)— (stock dividend)— Capital Plastics 8-14 Case [' 25c Conn, __—■ Atlas Steels, 03 25c Sugar—————_— Insurance Sewing . preferred 5% 8-14 . Investment Carpenter (L. E.) ._— of RR. Golfo del Quarterly give the dividends announced we Line Refining Co, Life Atomic Below Co. 3.75%; preferred B Atlantica Stock Youngstown Sheet & Tube Co. (quar.)—. Line Coast 1 1 1 preferred Atlantic 7- 1 9- $1 ,(quar.) 1 8-20 * 9- / $1.31 y* — (quar.)— 9-24 10- /55c ... - 1 8-1 ——— —— Fund :——, Canadian Oil Cos. Ltd. (quar.)——:—_ Canadian Pacific Ry. (s-a) Canadian Utilities Ltd, 4%4% pfd. (quar.)__ .8- I 8-15 9- , —, — , preferred (quar.) 5% 1 8- common Canadian Corp;, Acceptance 9-10 IV2C —_ Corp. 7-24 1 7-31 9-11 ; 8-15. v Ltd, - (quar.)— preferred (quar.)—. 25c (quar.)_i (quar,) Newspaper Machinery 5 9- 1 56c" Fe Ry.— Ltd.— 514% preference (s-a)__—— Atlantic City Electric—* 7-31 4 8- $1.31 ¥4 (quar.) A (quar.)___ (1897) Atlantic 3- 9- 9-28 43 %c — preferred, (s-a) Charlotte Air Line Ry. 50c - com. Atlanta & 7-31 (q,uar.) 85c preferred (quar. )_„_ (increased quar.) common .—_____—Jt!1.— Wisconsin 7-31 8-14 9-20 7-31 non-cum. 23c — preferred (quar.) _ Stag Manufacturing, class 8-14 $3 (quar.)__ common convertible Motor - (Alabama) 5% 30c — (quar.) Common 7-30 25c a, Co. 9-16 1 25c — (quar.)__ 1 8- 60c common preferred 10- 8c __—_ & Santa Topeka 20c (increased)Fund— Corp. Mutual Washington 7-31 33Ac (quar.) ' (quar.),,,,, 5.25% 8-12 1 9- 50c 1_ (quar.)____'. 7-31 1 1 (quar.L 7-10 7-28 *83/4C Canadian Drav/n 60c 9- preferred "(quar.)——, Corp, 414%_ pfd. Water Co. (Del.), 7% pfd, Associated. Dry_Goods, common " 5% ft- V2C 7-10 1 $183/4c 9-1 7 7-10 1 8- $37 ¥2 c common Canadian . 1 8- (quar.)—w, Ltd, 7-20 25c 8- 33c preference (quar.)—————— Canners, Ltd, class A (quar.).— Canadian Bronze 7-20 1 62¥2C 31c 31 ¥4 c $31¥4C 1 60c Equipment Artesian 3 8- (quar.):— common preference 8- $1.08 3/4 — 7-10 (quai*.)il'_— convertible $1.25 59c (quar.)——; convertible Ltd, (s-a) 8- ,,,,4 7-10 1 t$1.50 (quar.) 27 ¥2 C common preferred (quar.——,—__ Fuel Oil Corp. (quar.)—,— Arnold Altex Aluminum Co, common (quar.) 8-14 .7-20 Co. Railway Co. Breweries, Canadian 8-14 9- 1 , 7-10 1 $$1.15 $60c $2.50 4 1 , 9-11 $25q 1 88- $15c ; $.62 ¥20 fquar.),—-—„ preferred , 30c Arkansas Corp.— .: Raalte Co. $4.35 15c Pharmaceutical & $2.40 preferred 22 ¥2 C preferred (s-a) Vitamin 6-29 4 (quar.)_ Life Assurance A 6 7-31 9- 7-20 7- 1 1 10* 7-20 1 7- 7-29 50c (quar.) J.), common 1 8- 1 9- $75c. preference A (quar.) Lines Co. S. 8- 1 6c —_ (quar.)__ United Fuel Investments, Ltd.—■ common 8-12 8- 6c Carbide Corp. (quar.) Finance, common (quar.) Union 7-10 9 8- 90c $0,058 ordinary, 1 9- $1.37 ¥2 . receipts 8- 20c (quar.)_ 8- 25c 30c 30c : — . . preferred (quar.)_ $2.36 preferred (quar.) deposit 8-10 . 62¥aC , . 1 $1.12 ¥2 Cos.— American 9- 3 30c $1.10 United 8- Appalachian Power Co.; 4.50% pfd. (quar.) 414 % preferred (quar- 1-— Argo Oil Corp. (quar. )„_,—_—,—— Argus Corp., Ltd.,, common Cquar. $2.40 2nd pref. A (quar.) $2.50 pref. series B (quar.) 1 8-23 433iC —- 8- 8-17 $30c —-— 5% 9-H 25c ——, 7-16 $56 ¥40 (quar.), (quar.) . 9- (quar.) preferred (quar.)—_.— —..—$1.20 preferred (quar.) — $1.24 (quar.) ———— preferred $1.25 preferred (quar.)__— $1.32 preferred (quar.)— Campbell Red Lake Mines (quar.) Campbell Soup Co. (quar.) Canada Cement, Ltd, common (quar.) $1.30 preference (quar.) ——-— Canada Foils, Ltd, common (quar.) — $1 3 9-22 7-30 15c of America, com. (quar. ),, preferred Common Holder$ Payable of Rec. & Telephone— Water California 7 25c 50c 10- 414 %. 7- 7-23 25c 9-11 $1.27 ¥2 (Del.) 8-17 common $1.22 ¥2 .— Preferred 8-17 1 (quar.) 1 (quar.) (quar.)--,— Tokheim Corp. (quar.)— Triangle Conduit & Cable Co. Clayton 10- (increased!—,— 2-for-l stock split will be proposed at Board of Directors meeting July 21. Title Insurance & Trust Co. (Lqs Angeles) (John R.) Thompson preferred $1.18 _ Coal 6% 3-11 $1.16 ¥4 — (quar.); (quar.)__— (quar.) (quar.) (quar.) 1 9- (quar.) — Anglo-Canadian Telephone, class A (quar.) — —_ (quar.)— preferred preferred 5.25% 10- $1.15 $1.06 ¥1 (quar.) preferred 9- — $1.12 ¥2 1 _— a (quar.) 343/»C 37 ¥2 c (quar.) common preferred (quar.) ———(quar.) — Anaconda Wire & Cable Co Anchor Post Products (quar.)— 10- (quar.)____ (quar.)—_ (quar.) Works, Water ■ 514 %,. 8-21 9-15 35c — preferred 4.25% 4.60% American 8- Share Name of Company 3 8-15 15c When Per Payable of Rec. Share Name of Company Payable of Rec. Co.— (quar.) 4.10% • Monday, July 27, 1959 . Holder< When Per Holdert When Per Share Name of Company 1 . . (364) 8- 1 7- S $25c 8- 1 7-15 35c 8- 1 7-20 27 ¥2 c Y.) $1.25 preferred (quar.7—.— (quar.) Consolidated Laundries Consolidated Natural Gas Consolidated Theatres* Ltd, class A (quar.) Corp. (quar.)— 30C 52 ¥2 c $13c 1 7-10 1 8-14 8-15 7-15 1 7-31 8- 9- 9- Number 5867 190 Volume . . The Commercial and Financial Chronicle . Per $4.16 $4.50 Power Co., $4.52 Water 4% Co. o.f $3.75 Can, Life Insurance 10- 1 9- Erie 4 67c 8- 5% S- 1 8-20 9-15 8-21 45c (Toronto! 9334c 10- dO .8- 1 i7y2c 8- 1 ib-»i (quar.) Crossett Company, B Crown & Co.„__ Internationa:. Corp.— Cork A & Ltd: $4.20, preferred Crucible Steel 5Va% of Common 9-15 B 8-17 2 8-11 .,$2.25 9-30 9-16 $2.25 9- 32c __ 28c (quar.) pfd. (quar.) 12- 1 9-15 '• New (quar.) Power Dennison Mfg., class A 8% debenture Denver to 12- 4 Food Giant. Markets, 7-27 6-30 Food Denver Union Devoe & Class ( Stock 4 Growth Co. (quar.) . from ;___! called 8- 1 7-21 8- 1 7-10 8-14 7-27 i, 8-15 7-31 8-14 8-14 (quar.) 9- 3 8- 3 Franklin 9- 3 8- 3 Franklin Electric 12-15 12- 6 Fraser 4Vi % 9-14 7-23 7-23 7- 6 Frito 37'/2c 8- 1 7- 6 Fuller 30c 9- 1 $1 ,9- 1 Class 8-21 • 9-12 15C 9- 4 Coal. Ltd. 7- 1 8 8-14 Common Dorsey 5% Dover Cerp., 7-31 Gardner-Denver Co., 9-18 Corp., cents 5 A Stock Pont Dun Co. of 7-31 10-15 9-30 143c 1-15-60 12-31 3-31 4-15-60 tl5c 8- 1 7-15 t37s/2c 8- 1 7-15 income 7-31 7- 9 7-30 7- 9-15 8-17 8 & Ltd., 5% (increased)- 1 7- 2 Eastern States 8-28 8- 7-27 1 1 8-15 10- 8-14 8- 1 5 9-21 10c 7-30 7-17 Corp. Easy Washing Ekco B 7- 2 7-10 7-31 3iy4c S-15 8-28 9-15 8-31 4%% preferred Electronics Common 8- 1 1 8-10 7-15 $1.75 $1.50 ___ Ltd. (quar.) (quar.) 1 7- 3 8- 1 7- 3 $1.75 11- 1 10- 2 11- 1 10- 2 $10c 50c (quar.) Corp. 8- $1.50 Co., common Elastic Stop-Nut 9- $1.12'/2 of Amer. (quar.) 25c 7-15 7-15 57c 7% preferred dividend) 50% will (Cash shrs. be (quar.) based paid 8-17 7-31 $1.1834 on the 1 8-14 9- 1 8-14 $3.50 (stock dividend) lieu of iy2% 10- 1 9-18 7-31 7-15 Group Enamel & Heating Products, Class (quar.) 30c Globe new com. 12Vic 25c 56V4C (initial) of 7-15 8- 1 7-15 8- 1 7-15 9-11 8-21 (quar.) Co. Mfg. Common (quar.) Gould-National Government Grace Grafton Grand & A (quar.) 60c 7-30 aoc 7-31 6-30 15c 7-21 .6-30 7-16 Ltd.— (quar.) preferred (s-a) Batteries Inc. Co.. Bank Ltd., (N. Y.) class A Northern Great Southern new Paper Life Quarterly Quarterly Greeley Gas Co., com, Ins. 5Vi% Co. 8-24 £-10 12-10 8- 1 9- 1 12- 1 7-15 preferred A 6-30 1 6-30 tl5c Co. (N. 8- 1 7-15 50c 8- 1 7- 25c 7-31 Y.) (quar.)_ shares) 5%. preferred (quar.) (Joseph) Co. (quar.) 1 7-10 8-18 50c 8- 1 $1.25 9- 1 45c 8- 1 60c 8- 1 6-20 10c 8- 1 6-20 $1 8- 1 7-15 12 Vic 8- 1 7-15 $.006 y4c 8- 1 —___ tauar.) —,_ 7-17 8-21 7 7-20 . Hubshman Factors, class A (quar.)——— (quar.)— ——.—— Bay Mining & Smelting Co., Ltd. Class B Hudson t75c Quarterly Pulp & Paper 9-14 7-15 8-14 1 9- 1 8-18 9- 1 8-18 31 J/2c (quar.) com. 9- 35'AC 31'/4C Corp., (quar.)—— (quar.) preferred preferred — 8-18 32c 9- 1 8-18 5.7.0% 35 %c 9- 1 8-18 6-25% 39^VjC 9- 1 8-18 preferred (quar.)_. preferred (quar.)—— preferred (quar.)_. Hugoton Production (quar.)— $5_12 — Foods Industries, & Sash & 5% 5% Door, 4% series series B Idaho A Power pfd. Co. Co., 4.08% 4.70% preferred 1 7-15 8- 1 7-17 Mexico S. 8- 1 7-10 8- 1 7-10 8- 1 7-10 8- 1 7-10 8- 1 7-l«) 8- 1 J31 y4c }37V2c t50c 4V2 %■. .preferred 9- 1 8-12) 10- 1 9-BJ 8- 1 7-15 8- 1 7-10 25c 9- 1 8-KO $1.25 10- 1 9-10 $1.06 y4 10- 1 9-1(0 A.— 75C (quar.) $3 ll->« 9- 1 1-2-60 11- n 8- 3 12- J Ltd.— Fund— Growth investment and income 14c 20c common (increased) — 8- 35c profits) Corp., 7-15 37'/2c 24C securities 7-16 7-31 31 'Ac shares Ingersoll-Rand Co., common 6% preferred (s-a)—— Interchemical 8- 53'/4c — from 7-15 7-27 52 y2 c (quar.)——— Securities 1 8-20 51c —__—_—— Imperial Investment Corp.— 6V4% preferred (quar.)—. — Imperial-Flo-Glaze Paints, Ltd. (quar.)_— Imperial Life Assurance Co. of CanadaQuarterly : —— —— Indian Head Mills, $1.25 pfd. (quar.) $1.50 preferred (quar. )„ Ind'anapolis Water Co., common (quar.) 5% preferred A (quar.) 4,4% preferred B (quar.) from 7-17 7-15 583/4C (quar.)_ (quar.)— (6c 8- 1 55V4C preferred Institutional 8- 1 $1 preferred Institutional 7-15 8- 37y2c —— 4.26% de 7-31 35c — (quar.): 4.20% Electrica 12-15 42'/2c — (quar.)— common 9-15 12-30 $1.25 . (quar.)— (quar.)___—_—._.———(quar.)— — American 7-17 9-15 $1 preferred preferred Industria 1 9-30 9-30 25c — Brick Power 8- 50c 5c (quar.) preferred 4% Illinois 8-17 $1.25 common Illinois 8-31 25c — (quar.)— pfd. Co., 8-31 8-17 $1.25 (quar.) common (quar.) (quar.) Corp. (quar.) preferred preferred , 8-31 8-31 $1.25 preferred (quar.)—_____— Hyssmann Refrigerator Co. (quar.)_ 5% Hut tig 9-15 12V2C (quar.) com. 9-15 25c Hunt 60C 8-15 7-34. 8- 1 7-10 10- 1 9-15 3iy4c (quar.) $1.12 y2 — 1 7- a - . Inter-County Telephone & Telegraph Co.— 5% preferred B (quar.) International Harvester, 50 c business Machines (quar.) International pfd. 7% Resistance 8- 1 8-1-5 9- 1 8-10 8-14 7-25 O) 1 - International Interstate 6% Utilities Investors $2.50 Ltd., (quar.) com. of $4.36 10-15 9-15 10-15 9-15- Canada, Ltd of Rhode Island— Trust Co. $2 _— 8-12 7-31 8- 1 7-21 8- 1 —, preferred preferred Iowa-Illinois Gas $4.22 f60c 18c 37 Vic (quar.) preferred preferred Electric, com. (quar.) (quar.) 7-20 ; (quar.) — 8- 1 11- 2 10-19 25c (quar.) & 7-20 25c 37Vic Extra $2.50 30c a 175c (quar.)_ (quar.) Mutual Common (quar.) Stores Foundation, preferred Investors Corp. Department 8-11 " rH 9- 25c (quar.) Co. 9-10 5c $1.75 (quar.)— — 40c 40c $1.37Vi 8- 9-18 Investment 8-25 11-25 8- 3 9- 1 (Houston) 1 8- 31»/4C 7-25 8-1 9-15 Co.* (quar.)_ 7-20 8- 37y2c (quar.) 8-15 International 9-1 (initial-quar.) 1 30c (quar.) $1.50 8- 1 8- 1 7-1 12-15 8-28 9-15 7-15 (quar.) —— 8-15 8-15 $2 7-31 7-25 8-15 125c 125c 15c 15c 7-15 15c S-30 8-15 (s-a)—_—,_ (quar.) (quar.) Union- Co., 8-31 7-31 8-15 7-21 9-15 7-31 9-25 . 62y2c 1 20c 12- 5 $1.12 y2 1 (s-a) (quar.) Employees Life Insurance National * ' • 9- 0 12-15 preferred (quar.) A.) & Co., common (quar.) 6% preferred A (quar.)____ Horn & Hardart (N. Y.) com. (quar.) 9- 8-14 7-10 9- 3 7- 9 (quar.) preferred > (George 9- 1 9-15 7-31 7-15 9-15 Ltd. Canada, 4V2% Hormel 8- 60c 150c 50c — — 8-14 1 7-10 20c (quar.)* 8-14 8- 8-18 10c ; 8-14 1 1 9-11 12Vi« 12Vic (quar.) common •(' 1 9- 7-31 30c . 7-30 9-11 : — ; Rubber, A 8- 1 7-20 7-20 7-20 7-20 7-17 7-17 8- 3 7-20 Apierica Inc. - Class 7-10 7-29 9- Co. & 50c Nugget, Goodman 7-15 8- 1 8- 1 8- 1 8- 1 8- 1 7-31 7-31 9- 5 8-1 10c Semi-annual Golden 8- 1 57(|c , Republic Insurance Co. & 50c ______—_____—— (initial) Great A Associates 8-15 8-15 8-15 s (quar.) 4%% preferred (quar.) Glen Gery Shale Brick (quar.) Class fractional July 15 closing price) Employers 4% 9- $1.25 in Co. Corp. Glatfelter (P. H.) 4Vi% preferred 4% preferred (quar.) preferred (s-a) i Empire Millwork Corp. 9- 1 9- 1 9- 1 7-10 1 1 8-14 15c of Co. preferred common Goodyear Tire & Rubber (Canada), Ltd.— Empire District Electric Co.— 4%% Gillette Goodall 1 62Vic $1.30 64Vic ____ 7-15 1 7-15 7-15 — (quar.) preferred 8- 8- 8- 1 8- 1 50c 55c General Waterworks Corp:, 5% pfd. (quar.) $1.25 5.10% preferred (quar.) $1.27Vi 6% preferred (quar.)___—:—.—^—_ $1:50 5% voting preferred (initial) —81c Genesco, Inc., common (quar.) 37Vic $3.50 preference series A (quar.)__ 87Vic $2.20 Extra Communications (stock 4.80% 7-17 8- 10-23 10-23 10-23 62Vic (quar.) ! preferred (quar.)________ preferred (quar.)_— —_—Telephone Co. of the Northwest— preferred (quar, Telephone Co. of the Southwest— General 8-15 1 33c preferred 7-10 10c (accum) Machine Products, 5% 7-31 7-31 11-15 11-15 11 15 11-15 88- 45c 4.42% 32V2C 32Vic —.__ 8- 3 8-15 25c —— — 5.16% 8-15 8-15 8-15 33c 7-10 9- & 5% 25c 1 10c Hydraulic Press Brick Co. (quar.) Hygrade Food Products Corp.— 7- 8 ■______ $1.25 nvzc Hydra-Power 7-24 7-24 7-24 7-2* 10-23 .___ 13 %c 1: 9-11 1 87y2c 7-10 8-1 (quar.)___._ 8- $1.09% 7-31 7-17 8-13 General 8-15 8-28 8-15 8- 1 — 22Vic (quar.)__——______ preferred (quar.) Telephone Co. of Indiana— $2.00 preferred (quar.)_ $2.50 preferred (quar.) General Telephone Co. of Kentucky— 3 8- 7-6 7-6 32Vic 32'/2c preferred B 3 8-20 $10c J$1.25 (quar.) $1.32 7- (Md.)— preferred A (accum.) $6 preferred B (accum.) $7 preferred A (accum. >_ preferred $1.30 7- 1 8-1 7-15 9-17 7-10 8-13 7-10 General 7-31 9-10 28c , —_ preferred (quar.) preferred (quar.) 7-31 25c 8-1 . 6-30 7- 8 ' (quar.) preferred (quar.) $1.30 9- $1.25 8- 1 10-1 8-10 9-21 8-1 . preferred $1.00 $1.50 , 7-31 7-29 93%c (quar.)„_ — VCares, Ltd., $1.30 preferred B 8-15 1 preferred General 9-15 1 pfd. — Corp.— (initial) 10- 5C 56'/4c 7- 7-31 9iy4c Hofel Syracuse Inc. (N. Y.) com. (quar.)—, 4% "preferred (quar.) — ;—_ Houston Lighting & Power Co.— $4 preferred (quar.)„_———— 8- 7-15 6-19 20c $1.41 . 7-31 15c Horne preferred tquar.). —,_j. Telephone Co. of Florida— 4Vi% Glasco $7 $6 Steel $3.75 common (quar.)_ (quar.) General Telephone Co. of California— 9- 1$1.75 (quar.) $.041 20c Hudson 75c 7-20 1 2% 7-15 a7% 7-10 1 8- class A common (quar.)— (quar.)—_—.—__. B 8-3 50c 1 8- (initial) Co. Company, Class 8- 3 8-11 $2 8- (increased-quar.) fractional Hoover 8-17 9- 1 10c (final)—, Corp., common 30c 2% (quar.) 62c Bearing Co. (quar.) Stock dividend (payable in cash in lieu of 7-20 7-20 7-20 7-20 17Vic (quar.)— (quar.) Utilities Ball 7-31 7-31 15c 7-10 Ltd.— Paper & Insurance Hoover 5% .- 1 56y4c (quar.) Electronics'— Holt Renfrew 50c (quar.) 7-10 8- $i2y2c 7-15 8- 1 8- 1 56J/4C 1 (quar.) convertible Home 7-27 8- 56y4c class A (quar.)_— 4V2% pfd. (quar.) Holly Stores, 5% preferred Holly Sugar Corp., common $1 preferred 75c +30c (quar.) Industries New General $1 East St. Louis & Interurban Water Co.— Eastern Public $1.32 114c preferred conv. 37Vic $1.50 20c —62Vic (-quar.)—_ pfd. (quar.) (quar.) common Ltd.- Inc. preferred 9-30 40c East Kootenay Power, Ltd.— 7% preferred ( accum.) preferred Motors $5 General 6-30 tlOc common Dunhill International (stock dividend) 6% General 5.20% Dupuis Freres Ltd., class A,(quar.) 4.80% preferred (quar.) Duro-Test Corp., Electric, Mills, 7-31 and (quar.) (quar.)— 9-10 75c 8-14 8-15 (qUar.) Industries— General 2% Supply Inc. 4Vi% (resumed) Bakeries. Ltd. 10c Canada, Metals 10c Baking Co., common (quar.)_ preferred (quar.) General Dynamics Corp. (quar.)„_ 10-30 Drug Co.— — — Common 5% 50c (quar.) Bradstreet, & 8-14 t44c 50c security profits)________ dividend Ducommun 1 8-25 8- 7-22 8-14 ^ 7-31 $8 10c net investment from Class Du 9-17 9-30 1 Drug Fair-Community 9- 1 General $1.25 (quar.) 8-1 9- 1 American General 6-30 125c (quar.)____ $3 $1 - 7-31 12Vic (quarJ - Industries, preferred I25c common 4% preferred Dreyfus Fund— (5 cents from ' 4% General 7-17 115c common 8-1 9- 1 7-17 7-22 (quar.)—_ pru. conv. (quar.) Inc., common 1 preferred Wood $1.30 preferred (quar.)_ Industries, Ltd., common Dravo preferred $6 Gamble-Skogmo, 8-14 t25c (quar.) 75c (quar.)_ Co— Gar 1 Ltd.— preferred A (quar.) (increased quar.)__ 6% Steel 9-11 my4c Co. _*____. Corp., Dover I (quar.) (quar.) Paper Co., Ltd. Quarterly City 5% 9- Ltd.— (quar.) Chemical 11-3 9-15 20c preferred Gale & Company, $1.50 pfd. A Company, 8-17 J50c Ltd. 11-16 15c 12Vic (quar.) (quar.) Gabriel 8-31 t44c 7-25 7-25 8- 1 8-1 10c 7-15 General Co., 8-15 — Co., 4% 12-15 6-30 8-1 10c : 6% Co. 7-31 t20c Linoleum +25c $$1.12Vi (quar.) — 9-18 9- 7-15 7-31 12-31 7-27 (quar.) Inc., 9-15 10- 3% 9-10 8-24 $45c H.) New common 5% AA 7-30 t$1.25 Quarterly ' 37V2c 2 8-19 9- 2 8-28 8-31 ; 7- 8-10 (P. 8-25 45c Dauch Hoffman f30c Funsten Gale 8- 8-11 3% Co. E.) 9-10 $2.75 Co., class A (R. Hirsch Funds- FrUehauf Trailer 8-21 8-28 7-29 Brush 8-24 a2'/4% —_: pfd. (quar.)—— Company 8-24 1 60c (quar.) Finance, & 1 9-15 1 Quarterly 9- 9- 1 9-18 10- 1 Common 1 35c - Realty Quarterly— Friendly $0,2156 (stock^dividend) Ltd. Friedman 1 8- I 7- 9-30 10- (quar.) preferred (quar.) Higbie Mfg. Co. (quar.) Hllo Electric Light Co., common 35c J.), Ltd., common preferred (quar.)__. 9-14 8- at ; (A. 1 8-15 1 dividend this (s-a)"— dividehd Cos., 9-25 8-15 Aug. on 7- 50c America, preferred Hinde Custodian Freiman issue Ltd., 4'/2% pref. (s-a)_ & Jackson RR.— preferred 7 9-25 25c (quar.)____ preferred1 (quar.) 5% non-cumulative preferred (quar,)_ Dominion Fabrics, Ltd., common (quar.)_ 2nd convertible preference (quar.) Donnacona Ford Motor, Fort Wayne 5Vi% Entire Co.__— 7- Ltd.— non-cumulative & redemption 7-31 9- preferred. 12Vic __j voting (quar.) non-voting (quar.)_, Motor 25c _, Tar Ford 25c preferred (quar.) Dominion Bridge, Ltd. (quar.) Dominion Dairies, Ltd.— 5 % non-cumulative preferred Dominion B U7y2c . ;j_) Anglo Investment Corp., Dominion Stores, 7-15 Wallace— B 35c 39c (monthly) for & Class 8-15 5% )_ Dominion Steel & 7-20 Machine— $15,60 per; share plus Forbes 5% & 933Ac 1 7-31 20c (s-a) 7-31 7-31 $1.12 y2 (H. J.) Co., 3.65% preferred (quar.) Hemenway Furniture, common (quar.) 5Vz% convertible preferred (quar.): Heppenstall Co., 4Va% pfd. (quar.) Hercules Powder Co., 5% preferred (quar.) Heyden-Newport Chemical, com. (quar.) 7-21 25c Oilcloth 8- Haydock 1 $1.06 y4 Heinz 5c 9-10 8-10 25c (quar.) rets, (interim) Fund, Inc. (quar.) 1 in¬ 5% Dominion 7-17 7-31 Inc.—. 9-25 3c dep. 8- 25c Corp. (Indiana) common preferred (quar.) Mines, Ltd. (quar.)_____ 5% 1 8-20 Amer. 5%% $2 . $1.56 ■ 3 7-10 2 Vic Fields 8- 7- 1 7-15 1 8- 9- 25c : ; Siddeley Group, 1 $1 ! 8- 75c $1.75 Hawker 8- 30c (quar.)_ (quar.)__ Oil 8-14 3V!i% 15c shares Monthly Monthly • Dominion & 8 7-15 11-28 3c (quar.) preferred of 7-10 1 1 60c (quar.) $4.37% 15c _„ 25c 88- 12-28 t4c Co. ) - (J. F.); Ltd., 7-10 $1 (quar.)_ Dodge Mfg. Dominguez 42Vic 9- ; 8- Inc.— Mfg. Corp. 7-10 Dodge & Cox Fund— Dome Hartz Hat 1 70c vestment-income) Beneficial 2 2 1 Stock ,_ ___:. 1010- 8- $2 Corp. of New York__ Shares, Inc. (quarterly dividend 4.96% 1 1 8- 62y2c Inc. Houses 6 11- 11- (initial)———— 1 ,__ Stock 7- 1 4Vz% (initial)-—12Vic 1 Corp., common (quar.)________ 4% -preferred (quar.) _H. Diebold, Inc. (quar.) Dobbs 8- 6 B convertible 9- 2 ■ Light, com. preferred (quar.) A 9- Dictaphone Dividend & 11-20 9-17 (quar.) Cementing Electric Class 9- (s-a)_ ' Discount 7- 1 Hartford Class 40c Class, B (quar.)__ Diamond Gardner Corp., common $1.50 preferred (quar.) .___ Dicrks Forests, 8- 50c 7-15 7-10 c A__________ A Gear 12-14 t25c preferred (quar.)_ Schaffner & Marx (quar.)— ^,-10 52 Vic (quar.) class 7-31 7Vic 56V4C 7Vic preferred (quar.)^ Bros. 4(4% 56Vic preferred 8-21 (extra) 4V2 % Hart, income). 4% Well Scotia) Paper Co., common preferred (quar.) 1 12 Vi (quar.) B Giorgio Fruit, 8-31 1 30c . Di , 8- $0.00625 Raynolds, .class Fund investment (From - 7-15 9-14 20c (Nova Ltd. Funds, 8- $1.25 (initial)______ A Yard Hamilton 7-10 9-15 Machinery & Chemical— Firth 5 9- Class Corp.— 1st preferred $3.50 7-31 8-17 9-11 National 7-13 1 12VzC 66J4c (quar.)— common Oil Mines, 7-31 Corp. 12-24 8- $1.75 __; (quar.) (quar.) stock Tramway $2.50 Stock 9-24 40c Light Co) & Halliburton 9-22 — 8-20 Co.— " Delaware Halle Brothers, 3 '8-21 1 8%c ._ .__ Dejur-Amsco Corp., class Class B (initial)_____ 8- 1 $1 (initial common 9- 50c — (quar.)..: A (quar.)_ — (quar.) Gas Insurance $1.13 common Turbine 9- preferred Halifax Hammermill (quar.)_ City Bank (N. Y.) (quar.) Sterling, Inc., 7% pfd.- (quar.) First Foote (quar. Steam Hagerstown 7-15 $1.06 . 7.% .preferred (quar.)I__^_ Davenport Water Co., 5% pfd. Laval 9-15 9-11 .(quar.) 5c (quar.)______ '. De 1 8-1 9-22 (quar.)__ common 9-29 Florida Power & Light Co.— preferred (quar.) preferred (quar.) 4V2% preferred (quar.) Inc. series preferred preferred First Bank 11-17 Corp., $1.75 $4.24 Daystrom, General 50c $4 Co., 10- .T7"~lc (quar.) Stores Department 7-31 - Hagar. Chemicals & Controls— . Fidelity & Deposit (Maryland)-^ New common (initial quar.)—— Dallas Transit 7-17 lc (monthly.) Federated 9-10 7-15 7-15 *75c 3 H-C7 (monthly) 7-31 8- $1.25 (quar.) H-DA A 7-24 UOc (s-a) Ltd. Series Class 7-24 8-10 $1.25 8- Mines Series 7-27 3%% Dallas Gunnar Hamilton (quar.)— 7-17 8-10 from 3c (quar.) 9-15 8-10 7-31 Board., 4.60%, pfd. Corp. 1 40c 7-17 20c 28%c lc lc (Dela,), class, A (monthly)((monthly)— —___——. 50c ______ class A preferred 1 3 8-10 B 7-23 8-27 7y2c 37'/2c income)— 8- 8-21 Class 50c Class A (quar. Cutter Laboratories, investment and Gulf Life Insurance Co. (Dallas) Gulf, Mobile & Ohio RR.— $5 preferred (quar.) $5 ' 9 50c Shares— capital sources 8-21 Federated 20c ________ 7-13 10- Industry from Hallnor Federal Curtiss-Wright Corp.— (quar.) — 7-15 1 5% 10- 30c 25c (quar.) (quar.i— 7-16 Common Crystal Oil & Land Co., $1.12 pfd. Class A 7-28 1 Mortgage Association— 7-10 8-15 (stock . 7-10 1 (quar.)—————— Growers Wine Co. Ltd., class A (quar.) 5.30% 1 $1.05 (initial). Co.,7% 8- 8-15 20c 1 10- 11- $3 — —__ 1 ........ 7-18 (Syra¬ 8- America— Cuban-American Sugar Cuneo Press, Inc. Insurance (monthly) Paper 1% 4c • (quar.) &. Warehouse Compress Financial preferred Life Co. _: B (47c 8-31 ' 1 Holder* 1 6c ,— Traders 8- 30c l . Y.) .(quar,) National Class (quar.) Co. convertible & cuse, N. Fate-Roct-Hcath 7-10 _ 8- t50c pfd. (quar.) $2 Class 13 Payable of Rec. 1% (stock dividend). Co. dividend)—— Griesedieck Co., 5 % conv. pfd. (quar.)—_ Gross Telecasting, common (quar.) ~ (quar.) Crown Cork & Seal Co. Inc., Crown Zellerbach Corp.'— (quar.)__ 8- ■„ 25c Seal. Farmers 4 8-28 7-31 7V2C 'quar.) Cork Co. 9-30 8- 40c 25c IOC IOC 7-16 Share Company L.) dividend Growth 8-13 7-31 (quar.)$1,50 preferred (quar.) 25c . . 8-20 15c ; Federal —— — 8-13 8-28 20c : Federal Insurance Co. (quar.) (quar.) Gas Bros. Federal Milner Class Crown class A Co. 9- 9-15 of (quar.) Crouse-Hinds Crowley be paid in lieu skares):v:__^____;w____.._.„__. fractional Class will Cash 7-20 (quar.) Company, 16% River Extra 7-13 9-30 93 %c 7-20 7-20 —_____— 6-15 7-27 15c Company, 3%% pfd. (quar.) Crescent Petroleum (stock div.) (One share of 5% convertible preferred for each 100 7-30 7-30 7-30 Falstaff Brewing, common (quar.)—________ 6% preferred (quar.) 7-24 8-21 4 7-31 t6V4c __„ 5c 15c 62Vic (quar.) common Stock net 8-10 6%% ___ Crane 8-14 (H. Greyhound .Corp. quar.)__ (initial) Corp. Farmers deposit receipts (final) Craig Systems, Inc., (year-end) Crain (R. L.), Ltd. (quar.) - Products Fabrex 9- 5c 12Vic Name of Green 7-15 / 7-13 Fall 50% 8- 1 9-1 When Per Holders Payable of Rec. 15c prior preferred (quar.$1.12Vi (irregular) 25c 4Vi% stockholders (quar.) (quar.) (quar.)________________ preferred Fairoanks American held. 2nd Erlanger Mills, Courtaulds,' Ltd.— shares (reduced preferred .1st Evans 9-15 1 preferred 60c preferred (quar.) & Steel Corp.— Common 8-14 8-25 5 Co., Forge 8-28 $1 _„ July 2l>_. on 4 25c 1 Transportation Lines H.), Inc. 9- (quar.) (quar.)_ Continental (W. 1 50c Credit When Per ' ,Share Name of Company Equitable 30c Continental approval 10- V > . 4 (quar.)__ com. Controls Corp. of America— Stock dividend (subject- to Corson 9- (quar.) common preferred 1 $1.13 : 10- $1.12 Vz (quar.)_____a__ preferred Continental 7-24 8-20 $1.G4 America, ' of Rec. 60c . Container Corp. Holders Payable (quar.) common preferred (quar.) preferred (quar.)___ preferred (quar.) Consumers When Share Name of Company Consumers (365) 11- 2 10-19 45c 9- 1 y7-13 $1.05 8- 1 7-15 $1.09 8- 1 7-15 14 The Commercial and Financial Chronicle (366) Public Service, "(guar. common 3.75% preferred preferred preferred '20c (quar.) 4.20% Iowa Utilities Co., Southern 4%% Fireman Ircnrite, (quar.) common Inc. Jantzen, ^ 15c 13%c 20c (quar,)--—.^*—20c $1.25 preferred (quar.)„_■ Jantzen of Canada Tea, 3aA% 3%% Jones & (quar.) (quar.)___. Machine Lamson $1 30c S33Ac 933Ac 25c 25c (quar.) common preferred preferred — (quar. )„ — Jorgensen (Earl M.) Co. (quar.) Joy Manufacturing Ce. (quar.) Kaltman (D.) & • 88-7 8-7 8- 7 8-14 8-14 8-14 7-17 7-15 7-15 8-25 - 00c 7'Ac Co. . 8-1 8-31 8-1 11- 2 9-10 7-31 7-29 7-10 8-17 7-17 10-19 9- 1 7-15 preferred (quar.)— preferred (quar.)_ preferred (quar.) Kellogg Co— * 3%% preferred (quar.) Kennedy's Kerr (quar.) (increased) ... Income Fund Monthly (monthly)— & Co. (quar.)_. Keystone Custodian Funds— Keystone Income Funde "Series K-l" 12 from Kleinert (I. profits B.) Knickerbocker Knox net investment and cents realized special a Kratter (S. S.) Co. 9-11 8c 8'Ac 9- 4 8-11 7-31 8-27 8-20 7-31 8 -5 7-23 9-15 9- 2 20c 7-31 7-17 7c — 7-15 8-1 7-15 9-1 10- 1 — B Monongahela 4.50 Power preferred 4.80% Montana Power 8- 1 7-15 11- 1 10-15 133/4C (quar.)— (quar.) 40c (quar.>_ common 4.32% preferred 5% preferred B 27c (quar.)„ 8- 9-15 1 7-18 9-10 8-18 — Laurentide Class A Class Lee — Candy Shops & Tire 7-31 7-15 9-30 9-16 12-31 12-16 9- 1 8- 3. 15c 8-10 7-27 8-17 8- 25c 9- 1 8-17 .j—*15c 7-31 7-15 *15c 10-31 10-15 30c 7-31 7-15 100% (quar.) — A 9-15 *$1.75 Acceptance Corp. Ltd.— (quar.) (quar.) Rubber 9-15 1 —-— . 3 Lees (James) & Sons— 3.85% preferred (quar.) Lerner Stores Leslie Salt Lewis Bros., Liggett & Lincoln Corp., Co. 96'Ac (quar.)_ Ltd. (quar.)__. Myers Tobacco National Life (quar.) Insurance Co. (quar.) Cos., B $2.40 Ltd., class A (quar.). Groceterias, Ltd., 1 7-10 1 10-10 8- 1 7-15 9- 1 8- 9-1 8-5 9-1 8- *60c *54c (quar.) common 9-1 9-1 7-15 9- 1 8-17 9- 45c . 8-1 10c (quar.) 8-5 25c (quar.). 8-5 9-1 9- $1.21 Lorain 62'Ac 5% pfd; 75c (quar.) 7% ron-cumulative 2nd preferred (quar.) $1.75 7% non-cumulative 2nd preferred (quar.) $1.75 Louisiana Power & Light, 4.16% 4.44% preferred (quar.) 4.96% preferred (quar.) Louisville & Lower St. 4'A% Co. Lunkenheimer M D & M. & R. RR. (s-a) Fund Inc. 1 7-23 10-23 8- 1 7-10 1 7-10 88- 1 1 7-10 7-10 8-15 8- 1 9-11 8- 3 (from 8- 1 7-17 8-14 7-31 pfd. A 9-10 8-31 7-31 7-15 8-1 7-15 8- 1 7-15 $1.06'A 8-1 7-8 fl6c *31'Ac (quar.) $1 net 8-1 7-8 jjjg 9-14 8-21 (A. G.) (Germany)— deposit receipts *$1.25 7-31 7-15 62'Ac 8-1 B- 1 35c &-io 20c . 8-25 7-13 7-23 8-20 8-14 pfd. (quar.) Ry. (s-a) Hegeler Zinc Co Department Stores, common Matthiessen May ioc ; $3.75: participating preferred 33A%-preferred (quar.)— $3.40 $3 & 20c '(quar.) (quar.) — preferred (quar.) Mayer (Oscar) & Co. (quar.) McCabe Grain Co., Ltd. (quar,) (quar.) McQuay-Norris — (quar.) McKee (Arthur G.) Mead Corp., 4Y*% Melville 4%% 4% common preferred Shoe & Co. (quar.) (increased)______ (quar.) common 1 8- 1 1 1 National (increased) 8- Casket Chemical preferred A (quar.) preferred B (quar.) 1$1 7-30 7-23 37'Ac 8-14 7-27 Ontario Steel Products Ltd., com. 7% preferred (quar.)— $1.06 Va . .*«•> Securities & Securities Preferred 6-30 7- l 7-15 National Stock Series- Quarterly ment Shoes National Steel 6% Inc. & preferred National U. New Haven 1 $1.16 8- 1 7-22 (quar.)—— $1.19 10- 1 9-21 $1.37'A 9- 1 8-20 4% 10-1 9-21 New Erocess York Brake New York Fire New York Co. 3.75% Outlet 3 Over-The-Counter 1 7- 2 9- 1 8- New Wire from from 1 7-15 1 7-15 8- 1 7-15 4'A% 8- 1 7-15 4.80% Nielsen (A. income) Normetal Nortex Oil $1.20 & convertible North Star Oil, $4 Northern 5% 7-24 37'Ac 8-15 7-24 7-10 Panhandle 7-10 7-31 1 8-28 6% preferred Pacific Lighting (quar.)_ Corp., A Pan American preferred Northern Ohio Eastern Pipe Line, 4% preferred (quar.) Papercraft Corp. (quar.) Park Chemical Park Sheraton income plus Davis 6C 7-29 7-14 125C 7-31 7-10 Patterson «-17 7-11 10-30 1 7-15 Northwest 8- 1 6-29 9-1 8-4 8- 1 7-20 9-1 8-11 2nd (quar.) B (quar.) preferred (s-a) 7-21 7-30 7-17 8-14 50c Co.— 9- 1 8- 1 $1.16 9- 1 8-14 8-17 7-17 10-15 8-31 8-14 25c 8-17 8- 2% 8- 7-15 Voting 2 7-20 Pennsalt 9-15 8-31 New 9-18 . 1 3 Pennraan'§ Ltd. Pennsylvania (quar.) (quar.) of N. Y. (quar.) common 8- 1 7-17 1 9- 4 1-4-60 12- 4 Peoria 7- 8 Pepsi-Cola Pootjlet 8- 9- 3 4 8-28 8-15 7-31 Credit 8c 8-15 7-31 & Jewelers. 9- 9- 1 8-14 35c 9- 1 8-14 15C 8- 1 7-21 8-15 7-31 9 quar.) (quar.) *15c —■ 50c Valley RR. General Machine & Gear 1 7-14 8- 1 7-31 15c 8- 1 7-20 25C Inc. 8- $2.50 (s-a) Bottlers, 8- (quar.)—_ (quar.) & Co. (quar.) 7-20 7-31 7-10 35c (quar.)_ Heather, Class A 1 17'Ac 7-31 10c Cement Howell B Ltd. (Brooklyn, N. Y.)— 7-31 (quar.) Corp. Philadelphia Electric Co., 7-10 1 35c L Petrolite 7-31 10- (Me.)— quar.)—<_ - Bureau Peterson, Class 7-15 45 c (initial-quar.) Quarterly Perkins (quar.) (increased common Peoples National Bank $5c Corp. Co. *45c — Chemical— common 10- 15c 8- 1 7-21 9-30 8-31 9- 1 8-14 7-30 7-16 3% 5c 11-30 50c 3.80% pfd. 8- 95c (quar.) 7-20 7-20 3 8- 7-27 1 7-10 11- 2 4.30% preferred (quar.) $1.07'A 8- 1 preferred (quar.) $1.10 8- 1 7-10 4.68% preferred (quar.) $1.17 8- 1 7-10 $1.50 9- 4 8-20 97'Ac 8- 1 7-15 Philadelphia, Germantown & Norristown Quarterly Philip Morris, Inc.— 3.90% preferred (quar.) 4% preferred (quar.) 8-14 8- 3 Phillips 8-14 8- 3 Phillips-Van 10- 3 10- 2 8-15 7-31 8-15 7-31 19c 7-30 9-30 7-17 , 9-15 93 %c 10- 1 25c 8- 1 8- 1 93 %C 50% 8-20 9-11 7-15 7-15 7-20 Petroleum 5% (quar.) (quar.) preferred Pillsbury Co., Pioneer $5 9- 8- 7-10 1 1 9-15 8-18 9-10 8-13 8-10 7-16 9-30 8-31 8- 1 7-17 7-31 6-30 8-24 8-14 9-15 8-17 162'Ac 10- 2 9- 3 9- 1 8-17 9- 1 8-17 20c 8- 1 7-15 8- 1 25c 8- 1 6-22 8- 1 6-22 37'Ac 40c 8-14 10- 1 7-15 8- 3 9-18 7-31 7-10 $1.50 7-31 7-12 169c A 10-23 9-15 9-30 8-25 9-15 18c 8-15 8- 5 $1.43% Coke $1.25 preferred 35c 6% preferred (quar.) (quar.)__. common Chemical, 7c Corp., 8-15 8- 5 Electric, & Procter 4.20% Co. 7-15 9- 1 8-20 7-27 8-15 8- 7-10 7-31 1 7-17 9-24 9- 8 ' 9-24 9-24 8-17 7-30 7-31 7-17 $1.37'A 8 8 7-31 7-17 9- 1 8-15 90c (quar.) 8- 1 8- $1.17% 7-13 7-13 8-14 7-29 *2'Ac (quar.)_ 1 5% 8-28 7-28 *50c 8- 1 30c common 9- 1 (ouar.) Colorado, (quar.) 9- 9- 15c 55c *25c (quar.) 8-15 9-30 7- 3 8-14 7-24 9-14 *62c com. 10- 1 9-14 47'Ac (quar.) 8- 1 7-14 $1.05 _ 9- 1 8-14 $1.06'A 9- 1 8-14 $1.16 9- 1 8-14 of New Hampshire— 25c Common (quar.) preferred (quar.) 5'A% preferred (quar.) & 8-15 7-17 8-15 7-17 7-17 22'Ac 1 Light 8-17 8- 3 $1.25 9-15 9- 1 $1.31'A 5% Power 8-15 84c $1.12'A (quar.) preferred (quar.) Public Service Co. of New Mexico— 4.50% Inc. 8-18 1 . (quar.) preferred Pullman, 1 8- $1.06'A pfd. (quar.) Common Sound 9- lie preferred (quar.) 4.64% preferred (guar.) 3.35% 8-18 5c 4'A% Public Service Co. 1 62'Ac of preferred 7-10 9- 62'Ac (quar.) Provincial Transport Co., common 5% preferred (quar.) Service 7-10 1 8-18 50c Gamble & 1 1 5c (stock dividend) Ltd., Co. 8- 30c (quar.) (quar.) Ltd. Co., 8- 9- $1.75 Ltd. (quar.)_ Transformers Gardner 3 $1.25 Co., 3.60% pfd. preferred B (quar.) Bros. 7 1 8- 7-20 37'AC (initial) Edison President 8- 10- $1.20 preferred (quar.) Poly Industries (initial)Porter (H. K.) Co. (Del.) 4'A% 5'A% preferred (quar.) Price 1 1 25c 2nd 4.70% 89- 8-15 62'Ac (quar.) com. (quar.) Portsmouth Corp. 7-20 10-15 15c (quar.)_ (quar.) Scale M $1 preferred & « $12.50 Pittsburgh, Youngstown & Ashtabula Ry. Co. 7% preferred (quar.) Plttston Company, common (quar.) Plymouth Rubber Co. (quar.) Potomac 7-15 7-31 00 cash (quar.) Pittsburgh Standard Conduit Pneumatic 1 1 3% 9-15 9- 1 36c (quar.) 8-15 75C (quar.)_ 9-14 7-22 8-21 8-25 (quar.) 25c 8- 1 7-10 25c 8- 1 7-10 8- 1 7-10 25c 8- 1 1 9-18 Quarterly Distribution Shares, inc.Quebec Power Quemont Co. 10c (quar.) *40c Mining Corp., Ltd Quincy Mining Co., common Quinte Milk Products Ltd., class *20c 8- 1 8-25 9-30 7-22 7-15 8-31 25c A (quar.) 10- 9 9- $15c 8- 1 7-20 9 7-10 10- Radio Cement— Corp. $3.50 (quar.) 25c 7-31 7-15 pfd. t$l 8- 7-17 20c 7-30 (quar.) Co., preferred Prince !$1.50 class of rate in 8- 9- dividend) (quar.) convertible $4.80 the paid Pittsburgh Brewing Co., $2.50 (stock (quar.) Finance Pittsburgh Pueet (quar.) at be common preferred $2.50 9-14 Ltd.— (quar.) will $1 42'Ac (quar.) com. shares share a Co. Heusen, 7-10 RR. Polaroid Corp., common 5% 1st preferred (quar.) 50c Hampshire Ltd., 4% Sand (increased common 15c $1.50 f Penobscot Chemical Fibre 15c 37'Ac Northwestern Steel & Wire Co. (quar.) Glass Non-voting 850c $1.25 (quar.) 8-20 1 $1.06 25c Nunn-Bush Shoe 8-20 1 8- $1.06'A $1 common Portland Northwestern Utilities, 1 9- (Phila.)— Pennsylvania Power Public Extra 8-14 9- 37'Ac (quar.) 115c (quar.) Quarterly 5.14 57'Ac 58'Ac preferred 25c 9-1 2 7-22 8-20 4.64% 30c (quar.) 9. 7- 1 (quar.) — (quar.) States 1 8- 9-15 (quar.) : Northwestern 8- preferred }5C (Chicago) Northwest Natural Gas Co., common 5.75% preferred (quar,)- Class 25c 83Ac preferred 25c Canada Co., 12'Ac 6 4.24% 1 140 c Engineering 8-31 4.25% 90c (quar.)_ preferred 7- 9-15 7-16 150c (quar.) Extra 3.60% 7-31 6 7-16 Precision common preferred 1st noncurnulative 8-14 1 7-21 25c (quar.)— 5'A% $4 Co. 9- 7-31 15c series) Quebec Power, preferred (New Hampshire) (quar.) Co., common (quar.) 4.60% preferred (quar.) 4.68% preferred (quar.)— • Penn Fuel Gas, $1.50 preferred (quar.) Fruit Investment 7-31 .. 7-30 capital (quar.) Common J.) 8-14 . 7-30 $1 New (quar.)— Peerless Insurance Fenn 11-lfl (C. 9-15 8- *35c Manufacturing Co. Ltd.—preferred (quar.)— Co. 8-31 1 8-27 25c Parke & 9-15 10- 50c (quar.) Paton 15c (quar.) of 45c 7'Ac 8-15 7% 7-24 $1 7-15 7-14 7-20 7-31 8-14 20c (quar.) Corp. 8-15 8-14 20c (quar.) com. 1 7-17 — (quar.) Ry. Northern Co. 60c 75c (quar.)_. 1 7-29 Gas— Telephone, Airways 9- 8-15 Northern Insurance Co. (quar.) (initial-quar.) World 8- 5c Co.— Illinois Gas, Corpl class 15« 7-20 A (quar.) $1.25 7-21 class Paciric 7-17 8-15 1 1 (1956 Water preferred 7_17 1 7-24 34 %c 1 1 Illinois Corp., 7-17 $1 8-15 8- 8- Insurance prior preferred preferred (s-a) 7.31 $1.183A 7-24 31'Ac 8- 15c (quar.) Ltd., preferred Northeastern 7-31 1 8-15 (quar.) preferred (quar.) preferred A (quar.). -5% pfd. non-redeemable pfd. 5'A% preferred (quar.)_ Pall 10c 25c 8- 7-24 31'Ac 6-26 (s-a) (s-a) 7-10 32'Ac *7-24 8-15 7-27 8-14 preferred RR. 8-11 7-24 31'Ac 7-15 7-20 of 7-15 5% 7-15 1 undistributed Fund 7-15 1 5% 1 Corp.— American Life 1 8- 7-24 1 1 Co. American 8- 8-15 8- 8-14 — Co.— 8-15 8- 25c North 29^C $1.25 (quar.)—— (quar.) Electric 8-15 7-15 57'Ac Gas 8-14 30c 1 9- Ltd. 7-21 1 27'Ac $1.10 8- 7-31 9- 28'Ac 8- 8- (quar.) Mining 5c $1.25 (quar.) (quar.)— 8-31 56'/4c 7-20 (quar.)— 8-31 8- — Cloth C.) & redeemable preferred redeemable preferred redeemable preferred 9-16 10- 8-31 1 Inc.— preferred Gas 9-16 1 9-10 8- Corp.— preferred 4 'Ac 47'Ac (quar.) Noranda Mines, Ltd. (quar.) Norfolk & Western Ry., common 4% adjustment pfd. (quar.) 7.21 1 5% Pacific $4 — 7-15 9- Finance 8- 9-15 (increased) accumulated gains Fund, Pacific 8- ) 75c investment net Securities capital gainsl PaptrJCo., $5 preference 1 60c (quar.) Newberry (J. J.) Co., 33A% preferred (quar) Niagara Share Corp. (stock dividend) New common (initial quarterly)— 1 75c From 10- 35c (quar.) (quar.) York 10c $1.25 Oxford $1.15 60 c $1 — 9-15 25c & (quar.) Company 1 50c preferred (quar.) Co. 3 8- 10- J15c — (quar.) Electric State Common 1 *50c Mfg. 8- $1.10 5% Co— Merchandise New York ! (quar.)— Shoe D 9-15 40c 22'Ac : a preferred Fractional investment Insurance (quar.) 8-15 37'Ac ~ Canaaa— Northern 7-21 Common 8-15 $1.37'A 10c (quar.)— — Gas 7-22 8- (quar.) 6% —_— net 7-14 4.40% dividend from 8-14 A 20c (Quarterly 7-14 *$1.75 —— 8-14 B invest¬ dividend)-. Corp. Quarterly Neptune Meter Co., common $2.40 preferred (quar.) New England Fund— 8-14 *25c preferred 12'Ac Northern 8-14 — net Tea Co. (quar.) Theatres, Inc. (quar.) Corp.— Stock dividend on class A and B——„—. Nease Chemical Co. (quar.) of 7-15 ' preferred National Products 1 4.65% Nationwide Neon 9-10 4.75% National Stock 8- 25c (quar.) 7-31 8-14 20c 8-20 10c (quar.) Radiator S. (quar.) 1 Shipbuilding— 8-14 9 from (stock 61'Ac Insurance Chemica) Co. (quar.) 9- income. National 7-31 Orange & Rockland Utilities, Inc.— Permanente series —— distributions 7-31 8-14 7-31 8-20 10c (quar.) B Research Corp 8-14 10- preferred Stock 7-10 8-14 7-27 Scries-— National 7-30 7-17 — National (quar/i 8-17 31c 1 50c (quar.) Mfg. (stock dividend) Company (stockholders approve a two-for-one stock split) National Cranberry Asso., 4% preferred (s-a) National Electric Welding Machine (quar.) National Hosiery Mills, Ltd. Class A (quar.) Class A (cju&r.) 6% 7 3 7-31 $1.75 (quar.)__ & Co., 8- 9- 8c Co. Lead 7 1 8-10 National National 8- 9- 2% —— National 8- $1.06'A (quar.) Mathieson 12'Ac (quar.)— (year-end)—— National Biscuit Co., common 7% preferred (quar.) *7.31 5% $2.50 42'Ac (quar.) Corp., 9- 10-30 8- 30c Mclntyre Porcupine Mines, Ltd. preferred Republic Life Olin $1.05 pfd. iy4C _ Mfg. 1 7-31 9- f25c (stock dividend) (Baltimore), 5% pfd. (s-a) McGregor-Doniger, Inc., class A (quar.) B 9334c g- 85c McCandless Corp. Class 55c 933Ac 7-27 20c McCormick & Co. Old $1.50 Corp. 8- 1 59%c 7-20 Service— Aeronautical 7-20 1 25c (quar.) (quar.) (quar.)— 7-16 Btock div. (1 sh. of Narda Ultrasonics Cbrp. for each 100 shares held) Airlines preferred 7-16 three- (quar.)„ dividend 3 9- Line, common common 1 Corp. (N. Y.) — 6tock div. (1 sh. of Narda Ultrasonics Corp. for each 100 shares held) Stock Gas, 1 Microwave National Electric, 7-30 Penn Narda Products, 8- 6V4C & Natural $1.20 4.40% — Northern (quarterly from — 8- — (s-aj— (quar.) $1.12'A — — $1.50 income) Massawippi Valley 8- Inc. River 25c t20c $2 Massachusetts Investors Trust— Share of beneficial interest net 43A% 4.92% 75c $2.50 88c Maxwell & Moore (quar.) Massachusetts Indeinnity <fe Life Insurance— Oklahoma Mississippi 90c Line Co., common Co., North investment Manning, Quarterly 8- 1 11- 9-19 10c Corp., Ltd., 5% pref. (quar.) (P. R.) & Co., 5% pref. A (quar.) Amtrican 7-15 1 35c ; Mannesman 7-31 10- 8- $1.24 25c income) Mallory 7-10 1 $1.04 J22'Ac (quar.)__ Oklahoma—Gas 7-21 4.36% participating preferred (quar.) Corp., Ltd., common Moore-Handley Hardware Co., common 5% preferred (quar.) Mt. Clemens Metal Products^ common— 6% preferred (quar.)——*— Mount Royal Rice Mills, Ltd. (quar.) 10c (quar.) H.) & Co., 4'A% preferred B (quar.) Mailman 8- Co.— Fixtures (year-end) Holdings, Ltd., class A____ Lladison 8-21 $1.25 (quar.) Power (R. 4% 8-21 $2.50 participating preferred (quar.) Macy 8-17 Ry.— Store A. 5% Louis (quar.) Co. 1 7 9-15 $1.11 . $1.43373 St. preferred Nashville Lawrence Steel (quar.) (initial) preferred Lukens pfd. 9-11 7-31 35c (quar.) Investors New Coal & Dock Co., Lord Baltimore Hotel— preferred 8-5 9-1 32'Ac non-cumulative 8-5 *54c (quar.)__ Louisville, Henderson 5 *37'Ac Long Island Lighting (increased-quar.) Longview Fibre (quar.) 5% 4 11'Ac Preferred (quar.) Lone Star Gas, common preferred 811- *10c (quar.) 8-31 9-25 $3 8-13 *10c (quar.) $1.50 first preferred (quar.) Local Finance Corp. (R. I.) com. Class A (quar.) 5.16% 1 60c Second preference 4.84% 9- 6-30 87'Ac (quar.)____ (quar.)__ preferred Loblaw 8-14 7-31 50c Printing Co., $3.50 pref. Co. (quar.) Class 9-15 50c Link-Belt Loblaw 7-15 7-20 $1,25 Quarterly Lincoln 3 1 40c (quar.): 8- *15c pfd. 8- $1.12'A . 4'A% 9-10 $25 $1.25 National (quar.) Oklahoma 4.75% . —— National - the Woods Milling, Ltd.— 7% preferred (quar.)__„__ Lanston Industries (quar.)_—!_ Laura Secord 9-15 9-30 17'Ac 17'Ac — of dividend 1 9-30 20c Quarterly Stock 10- 31'Ac LaCrosse Telephone (quar. Lambert (Alfred) (quar.) Lake 22Vic —__ (quar.). 7-20 $1.14 — .— Narragansett Electric, 4'A% Laclede Gas Co., 1 Co.— preferred Moody's 8- $1.09 (quar.) (quar.)_—, preferred 5c (quar.) common 9- 30c 20c Okanagan Telephone Co., 40c preferred (s-a) 5Q"t pfd. .-- — 7-17 - (quar.) preferred (quar.) Class 1 Oster — (quar.) Missouri-Kansas Pipe 8- $1.10 75c *$1.75 — 7-17 125c $1.22'A Payable 0/ Rec. $1.27'A Common 5% 9 1 7-31 $1.75 $1.75 — _ 8-1 7c 22V2C $1.50 — pfd. A Paper 7- 8- Moore 25c 2nd preferred (quar.) 2nd preferred (quar.)—— Kresge 8-15 20c — Kublman Electric Co.. 5'A% 9-15 8-26 7-20 8-31 8- 4 Glass 7-21 < Holder! When Share Exploration— 6% preferred (quar.)— Ogilvie Flour Mills, Ltd., 7% pfa. $1.25 (quar.)— Mississippi Power & Light Co.— ... 4.36% preferred (quar.) 4.56% preferred (quar.) Mississippi Valley Public Service- $6 (quar.) (quar.) class A (monthly) B (monthly). Company, common (quar;) 1st preferred (quar.)_ 7% 9-24 8-15 5 net Class 7% 1 36c Kroger 6% 8- 8- income from ——__ Stores Corp., 8-20 — quarterly on common (after split) $4.20 preferred (quar.) class A Creamery Co. Kobaoker & for-one Corp., Knudsen — Initial 24 cents— Co. (quar.) Fund 9-15 12-15 15c of Rubber 10- 1 1-2-60 5c — Ketchum of 9- 1 *20e 5c — — Quarterly 9- 1 10c common (quar.) Gold Mines, Ltd. (quar, Ontario Mississippi Power Co., 4.40% 4.60% preferred (quar.) 30c —: ~ Inc., Kerr-Addison ----- (quar.)— (quar.) Minnesota 8-14 9-14 8-14 8-14 8-14 95c $1 1 8-10 Company Drilling & 37'AC —— (initial) Minneapolis-Moline Co.— $5.50 1st preferred (quar.) $1.50 convertible 2nd preferred 8-25 87J/aC 87'Ac ' 4.35% preferred Kennametal, Inc. — Minneapolis Gas Co., common (quar.) 5% preferred (quar.)—— $5.10 1st preferred (quar.) 5'A% preferred (quar.) 8 $1.12'A $1.05 $1.183/4 — 4.20% 3'A% »-— (annual) Piping Co. (quar.)—. Miller & Rhoades Inc., 4'A% pfd. Name 0} 50c — Monday, July 27, 1959 , Per 0) Rec. 50c (quar.)—— (s-a) Michigan Gas <fc Electric Co.— 4.40% preferred (quar.)—— 4.90% preferred (quar.)n— Michigan Seamless Tube, new com. Mississippi Power & Light preferred <quar.)_ preferred (quar.)_ 3.80% A%% 50c . Holder$ 125c Michigan Central R. R. Midland & Pacific Grain 8- 32'Ac (quar.)— Co. Hat Light & Power Co., common $1 preferred (quar.) — Meyercord Co. (quar.)—— Metal Hose & Tubing Co.— 9- 1 9-1 9- 1 9- Kansas City 4% Merrimac Mexican Miami Copper Co. 7-15 1 • When Payable Ocean Merchants & Manufactures Insurance Co. < New York) (s-tf)-_———— Midwest Jersey Central Power & Light— 4% preferred (quar.) Jewel 8- 140c (annual) Ltd. 9- 1 8- 1 8-1 8-^1 (quar.) common 9- 1 9-1 9- 1 9- 1' 9- 1 9- 1 9-1 7-31 44c (quar.)__ Inc., 34c ° 35%c —— (quar.)—~ Co. Manufacturing Jack & Heintz, Inc. 5% —... preferred .(quar.)— convertible preferred (quar.) $1.76 Iron (quar.)— - 933Ac 97 Ac $1.05 (quar.)— 3.90% Per Share Name 0) Company Payable o) Rec. Share ; H olden When Per Name oj Company lew a . 1 7-10 Ralston 1st of America, preferred Purina Co. com. 25c (quar.) 87'Ac (quar.) 1 6-19 9- Graphite Bearings, Inc. (quar.) Rapid Grip & Batten, Ltd., 6% pfd. (s-a) 8 — on page 9-11 8-21 5c Randall (Continued 7-27 10- 30c (quar.) 7-31 7-16 *$1.50 48) 10- 1 9-14 Volume 190 Number 5867 . The Commercial and Financial Chronicle 367) Stock Record New York Stock «» Exchange DAILY RANGE DF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED STOCK Range for Previous STOCKS Year 1958 Lowest 30 ¥2 Jan 3 43% Jdn 13 102 ¥2 Jan 7 14 Jan 40 ¥2 Dec 71% Nov 120 3 Nov Lowest 29 NEW Highest 40 ¥4 Jan 7 20 59% Feb 112 ¥2 Feb 47 ¥4 May 9 24 18 28 Abbott Apr 24 4% 18% Mar 26 23 ¥s Jun 3 49% Oct 24 47% Jan 2 56 ¥4 Feb 19 ACF 18 15% July 22 •>7% Jan 2 34% July 15 19% Jan 3 29 ¥2 Oct 14 2b Jan I 20 ¥2 Jan 2 29% Dec 31 27% Apr 8 JOV2 Mar 24¥2 Jan 6 33 ¥2 Oct 9 33 Jan 2 61 1 97 94% Jan 2 125 I 82 Oct Nov 11 Jan 2 29 17 ¥s Jan 28 16% Jan 28 25% Nov 13 23% Jan 2 49 ¥4 Jan 13 83 ¥2 Nov 21 79% Feb 3 193% Jan 8 297 16 315 ft Apr 30 2 ¥8 Jan 3 5 3 3% Feb 9 7 24% Jan 11 ¥4 Jan 19% Dec 2 34 Dec July Dec 2 20% Nov 14 Jan 2 26 72 Jan 16 4¥s Jan 31 30 7 30 19¥a Jan 2 9 23ft Jan 77 ¥2 Jun 12 30 Nov 13 280 July 31 80 Jan 21 160 Dec 2 33 Dec 49% Nov 93/4 Jan 84 28 30 Jan 29 160 Jan 2 104 32 ¥2 Jan 7 91 Apr Dec 12 Jan Deg 16 15 ¥4 Oct 6 123/4 Feb 10 29 96% Oct 7 92 100 18 96 18 36% Jun 12 57 Dec 17 Jan 17 Apr 5 17 6% Corp Allen Allied ¥2 Mar 20 21 447/8 Feb 24 Allied Mills 14 ¥» Feb 4 Allied 55 ¥s Dec 11 52 ¥2 Jan 5 613/4 Jun 11 Allied 74 Stores 82 ¥2 22 % May 19 91% Jan 30 ¥a Dec ill 2 Nov 31 26% Feb 17 27 Jan 2 26 Jun 25 38% Oct 13 60% Jan 2 96 ¥2 Oct 13 22 Jan 423/4 Oct 31 104 Jan 17 34 ¥4 29 32 ¥2 May 27 May 114 19% Feb 4 52 42 ¥2 Dec 29 11 33 ¥4 Jan 21 Feb 12 53% Dec 15 47 ¥4 Jun 16 14% Jan Apr 1143/a Sep 25% Oct 2 39 17 10 5 6% 353/4 Apr 8 Mfg 41 ¥4 Jan 2 47% Dec 19 17 44 ¥2 Dec 15 80 ¥2 Jan 2 51 3 96 ¥2 Mar 40% Mar 2 12 19% Jan 2 30% Dec 11% Jan 2 18% Oct 30 163/4 Jan 44 2 41% Dec 73 Jan 13 134 13 Jan 3 18 94 Jan 31 108 13 Feb 27 16 Jan 2 96 Jan 2 32 ¥4 Jan 79 Jan 13 Dec 31 183/4 18% 18% 18% 18% 54 ¥4 55 ¥4 55 56 553/8 56 553/8 55% 5,200 42% 42 3/4 42 ¥2 4274 42 ¥4 43 *413/4 42% 1,100 11% 2,500 1 31 11 122 Aug 27 Apr 21 17 ¥s Nov 18 21 ¥2 July 28 111 Jun 3 81 ¥4 82 82 32 313/4 32 ¥2 323/4 33% 32% 33 ¥2 37 ¥1 111 ¥2 50 *36% 1 100 ..No par 50 2 1 Corp 1 12.50 25 ' American Export Lines Foreign 5 ¥4% Investment American 3.90% 4¥2% Mach of 7% 148 ¥2 Mar 20 7% *86 ¥2 62 44 44 *43% 43% 43 ¥2 43% 43% 44 28% 14¥a 14% 14 ft '37 ¥4 52 ¥4 25% .100 Water 15 29 12 27 ¥2 May 10 ¥* Jun 4 17% Nov 6 14% Jan 2 17¥t Mar 10 American 86 Feb 23 280 95 ¥2 94 ¥2 94 95 ¥2 94 ¥2 94 ¥2 29% 30 29% 30 29% 29 % 14 ¥4 14 ¥3 14¥a 14¥a 14¥a 14% 14 ¥4 *14 ¥2 14% 700 ¥2 *94 ¥2 *94 95 29% 7 29% 4,900 45% 47 ¥2 47% 48% 45% 48% 45% 473/8 258,600 60% 60% 61 ¥4 61 ¥b 61% 61% 62 ft 61% 62 ¥4 13,500 48 ¥4 45 ¥2 46% 49 47 ¥2 49% 47 ¥2 48 46 ¥2 47 ¥2 50 ¥4 50% 50 ¥a 50% 51 51 ¥a 50% 51 46 ¥» 45 ¥4 46 ¥2 45% 48 47 ¥4 50% Sany 5 com 15 ¥2 15 ft- 15% 15 ¥4 100 *142 144 142 142 10 37 37 37 37 par 60 62 59 ¥4 60 ¥2 44% 43 43% 43 ¥4 143 ¥4 142 ¥2 Refg com.No par 100 43% 142 ¥4 25 60 preferred.100 *123 common Inv 142 ¥4 60 ¥4 142% 60 125 37 *60 60 ►123 125 144 60 *123 ¥4 15 ¥4 15 ¥2 144 *143 ¥4 15 ¥2 145 ¥2 7,900 3,700 50 50 49 ¥4 50% 26,200 15 ¥3 15 ¥2 145 ¥2 38,900 *143 36 36% 110 2,800 37 37 37 ¥4 61 ¥2 60 G0% *59 ¥2 61 450 44% 43 ft 43% 43 ¥2 44 19,000 142 ¥4 140 ¥a 140 143 60 60 60 125 ►124 125 593/4 124 ¥2 141 ¥2 60 960 ¥2 1,300 124 10 28% 29% 28% 29 28% 29 ft 28% 28% 28% 28% 4,200 68 ¥» 68% 68 ft 69 ¥2 69% 70% 70% 71 70 703% 9,200 1 Ltd £1 1 Co 37 ¥2 87 ¥2 87 ¥4 87 ¥2 87 ¥2 87 ¥2 87 S/8 88 2,900 30% 32% 31 31% 30% 31% 30 ¥2 30 3% 30% 313% 4,300 30% 31% 30% 31 ft 30% 31 ¥2 30% 31 ¥2 303% 30% 16 16 16 ¥2 16 ¥2 16% 16% *16 ¥4 16% 16 ¥2 16 ¥2 1,600 79% 80 ¥a 80 ¥4 80% 80% 80% 80 80 ¥2 80 80 ¥2 114.00Q ..25 99 % *123 ¥2 99 ¥4 99 ¥4 100 98 ¥4 99 ¥2 98 ¥4 99 98 98% 7,400 ¥2 123% 125 123 ¥2 123% 1233% 123 25 Tobacco 87¥?. 25 33% com 51 ¥e 51% 51% 53% 52% 533/8 14 14 ft 5 Co common Corp Ampex Corp 15 ¥a Jan 40,500 100 American 13 ¥2 Mar 12 3,900 25% 30 45% 15 ¥b Tel & Viscose 24 ¥2 Jan 10 52% 25 ¥4 46% preferred 26 ¥4 Jan 70 30,300 82% 5? 25 American 23 98 14 ¥4 1 Refining July 22 29 96 ¥4 *81 4,200 ..No par African Tobacco 153/b Juty 11 19% 99 ¥2 29% Chem___No par Co American 27 ¥2 Dec 82 ¥2 19 ¥4 60 ¥4 ... 20 28 ¥2 Dec 97% 5,000 800 18 45 Co Sumatra 8 94 *81 94 4,900 109 99 ¥2 19 ¥2 102 ,7 3,700 / 25 ... Sugar 2 93 17 ¥4 5 Corp.. preferred 10 *99 ft 37% 184% 1 American Jan *94 19% 19% 102 *17% 300 2 Co 4 23 ¥* Jan 18¥a 51% 19 ¥4 *99 ¥2 17 ¥4 *102 109 25¥a 19% 102 37 ¥. 183 25 ¥2 2 6% ¥2 17 ¥a 52 ¥4 Amer 53 V8 37 185 25 American Steel Foundries American Stores Co ►»«% Jap 18 6,700 9,800 51 ¥4 5 Tel 17% 8,900 14 ¥2 25% 6 American 17% *102 23 40Q 14% 52% 72 ¥» July American 109 48% 453/4 14 ¥4 51 31 ¥2 Jun 18% May 18 89 Apr 17 17% 16% 47% 43% ¥4 25 ¥4 26 ¥4 Mar 26 7% 17% *102 182 17 ¥2 2.60Q 28 52 ¥2 45 18 18 ¥4 109 37% 38 183 17 443/8 27 ¥2 26 ¥4 non-cumulative South ►102 180 17 44 29% 25 ¥a Products Snuff *17% 109 16% 37,000 39 52% 18 6% 36¥2 20 64 —*37% 39 Metals.No par Inc com__l & Co preferred ¥2 29 111 500 89 62 28% Climax 8c 38 81 ¥2 30 1 2,500 38 ¥» 89 61 ¥2 *80 ¥2 293/s Dec 9% Jan *37 ¥4 *86 ¥2 62 81 ¥2 45% Dec 26 38 89 61 ¥2 S3 ¥2 Machine preferred 39 *86 ¥2 14 ¥4 preferred American 12 38% 87 ¥2 61% 91 ¥2 2 16 400 38% 87 ¥2 *80 ¥2 22 10 110 60% 81 ¥2 27 ¥4 Dec Jan 37% 8,500 61 ¥s 91% 273/4 Jan 37 38 ¥4 81 ¥2 2 119¥2 Jun 37% 38 ¥4 91 ¥s 40 Jan 1173/4 Jan 4 *37% 28% May 21 11 38 ¥1 14 ft 139 Nov *37% 28% 2 39 38 ¥s 3 7 ¥2 14% Oct 134 ¥2 Jun 44,500 29 Smelt 8c 2 43% 14 ¥4 Seating Co Ship Building Co_.No 15 42% 28% American 25 ¥2 Jan 43% 44 ¥4 American 119% Sep 42% 48% American 107 ¥. Jan 44% 48 1 9 43% 43% July 16 Jun 44% *37%, May 90 x43% 38% 56% Feb 1 16,000 45% 45 43% 65 97¥4 Dec 10% 49% 41 27 15,300 19% 10 38 ¥2 8 743/4 Feb 28% *19 10 ¥4 43 ¥4 July 21 16 27% 19% 10¥a *19 48 ¥2 43 28 28 ¥4 10% 50 52 ¥4 Mar 31 13 ¥2 Jan 27% 19 ¥2 10¥a 37% 32 ¥2 Jan 75 ¥2 Jun 28% 19 ¥2 10% 43 ¥2 5 6 28 19 10 37% 6 14 ¥2 Nov 28 ¥2 19 10 ¥4 49% 68 2 28 % 19 ¥4 42 ¥4 34% Nov 83/4 Jan 28% 9% 38% 10 Jan- 28 ¥e *19 50 13 43% Mar 12,300 42 ¥2 22 ¥4 Jan 35 ¥2 Feb 57 ¥4 49% 48% Apr 353/4 Jan 105 57 100 Std 29 57% Fdry common__7 & Rad Mar 17 Jun 56 ¥2 38% preferred American 30 56% 19 ¥2 21 -86 ¥2 May 11 29 Vis Jun 16 54% *99 ¥2 I 3 54% 19% 26 4 54 99% 15 ¥a Jun 31 54% 10 ¥2 140 ¥2 Jun Dec 9,300 54 99 ¥4 8c 35% Dec 33% 1 Potash 35 ¥4 Dec 33 ¥a 100 Optical 105 33% 88 12.50 Co News 6 33 ¥a 42 ¥4 prior preferred American 6 33 V2 *102 American 12 33 ¥a 36 88 non-cumulative American 31 ¥8 Jan 64 38 ¥a 3 253/4 Feb 64 179 ¥2 1 65 ¥2 Jan 64 37 50% July 16 2 36 ¥4 64 178 53 ¥2 July Jan 35 ¥s 64 16 ¥4 6 9 35% 64 33 ¥4 36% 7 Jun 35 ¥4 65 32 ¥2 5 Natural Gas Co 63 ¥2 Mar 35 *64 32% 179 ¥4 Motors 125 2,700 35 64 *16 American 5 _ 35 178 American 26 47 ¥s 64 1 14 54 ¥2 Jun *35 ¥2 62,000 30 ¥2 155 34% No par 73 ¥4 ADr 120 ¥2 Jan 1/ 46% 10 Corp 49 ¥4 July 14 7 30 ♦140 46% No par 40c Inc 25 July 16 30% 155 46% 32% . Products 4 61 ¥2 Nov *140 46% Co common 38% Jan 126 29% 29% 155 46 ¥2 60 ¥i Power__No par 43 ¥4 Jun 2 29% *135 46% 20 Electric Power Co 2 13 30 ¥s 155 46% 10 100 American Enka Corp.. American European Secur 6% 10 com Distilling Co 14 Jun 29% *140 46% 39 493/4 Aug 8 163/4 Dec 30 155 155 3,100 39 Crystal Sugar prior preferred Cyanamid Co 35 ¥4 Dec 140 46% 30 40 ¥2% American 27 ►36 ¥4 *39 American 40% Nov May 36% 5,000 2 51% Oct 20 36% *45 3,000 343/4 Sep 12 333/a Apr 7 2 18,900 60 ¥2 11 18% Apr 146,700 49% Molasses 152 37% 1153/4 60 ¥2 American 54% Mar 37% 114% 48% American Metal 32 ¥4 Jan 37% 115% 60% 19 Jun 37% 114 ¥2 "7^ 49% 22 25 ¥2 Feb 373/i 1133/s 60 ¥2 22 58 5,800 37 ¥4 111% 48% Jan 17 35% 373/8 111% 60 ¥2 15% Feb 16 35 700 49 ¥2 32% Jan 69 ¥2 Nov 3 5 s/o 380 113 60 ¥2 98 41 ¥2 Dec 35¥a 113 48% 13',4 Jun 2 355/8 112 ¥2 60% 92 ¥2 May 7 27 Apr 22 2 35 ft *108 49 ¥2 American Metal Jan 35 ¥2 111 37,300 60 ¥2 American 48 ¥2 Jan 111 5,000 33 48 ¥2 25 8 35 363/4 111 108 323/a 83 ¥2 60 ¥2 16 3 *142 - 10 common 30 Jan 35% 36 ¥2 1 59% Apr 34 ¥2 Jan 20 ¥a Feb 107 110 ¥4 Feb 1 35% 32 109 *82 48 ¥a 4 July 24 May 19 ►108 1 American 105 31% 100 2 8 May 12 82 9 Apr 41 157 81 Jan 243/4 Jun 2 81 ¥2 18% July To % Oct" 13 Jan 26 60% 20% 2 19 99 ¥4 July 20 ¥2 Jan 11 ¥4 Jan 59 ¥4 preferred.100 American International Corp 1 98 1443/4 Nov 60 60 Mar 30 17 8 59 ¥4 47% Ice 84 203/a Jan 60 ¥2 No par Home a 18 5934 81 No par American 16 20 12 ... American 53 % Jan Oct 113/4 ..10 Co 110 79% Jun Dec 12 ¥a Chicle Mar 17 10 16% Nov 21 11% Chain & Cable American Hardware 17 31 12 ¥4 common July 21 July 23 85 ¥2 Jun 2 Co May 27 593/4 NOV 28 12 "60 ¥4 20 25 92 11 11% 60 10 Radio 185 2 102 117s 60 ¥4 common & 9 Jun 18 ¥2 11% No par Co 12 16% Jan 18 ¥2 593/4 Co— Note Feb 19 18 ¥4 5 common 14 ¥4 Jan 104 , No par Co preferred 38 ¥s Mar 13 18% American American & 14 17 7% Can 34% Apr 15 18% Jan 22 24 18% American 4534 July 24 13% Jun 110 5,900 128 55 ¥4 convertible preferred Theatres Inc 2 4 125 ¥2 30% 2 Feb 126 ¥2 30 ¥a Airlines American 45 123 ¥2 125 17,600 Apr 17 553/8 May 18 Jan 97% 203/4 34 13 37% July 21 20 ¥2 423/s American 27 ¥2 July 24 97 203/4 84% May 28 25 Sep 22 98 ¥2 20% 33% May 11 July 24 26% Nov 14 ¥a Jan 32 ¥2 Feb 58 ¥2 *97 ft 20% 543/8 American Brake Shoe Co No par American Broadcasting-Paramount 2 50 57% 98% 20 ¥2 124 58 15,000 59 *97 ft 20% 122 ¥2 42% - May 29 553/4 Apr 28 9 119 59% 6,400 84 64 38% Feb 1193/4 57 580 40 ¥2 34 ¥4 91 47% Feb 17 118 ¥2 55 ¥2 98 203/b 40 3% 85 44 55% Dec 20% 41 ¥2 33 ¥2 15 40% Nov 20 20% 4034 41%, 84 ft 17 2 11 5374 97 ft 1C0 1 40 ¥2 34 ¥a Jan 38% Jan 55% Dec 5434 40 ¥2 85 July 14 24 *98 39 ¥4 ft 33 ¥4 84 Feb 53 ¥2 ,_i 100 38% 38,100 12% 104 210 84 ¥4 38 17 25 38% 12 ¥4 104ft *190 337/4 46% Feb 6 39 ¥2 Jan 12% 104 210 6% preferred American Bosch Arma Corp. 61 44¥4 Mar 17 12% 104 *190 84% American 47% Jan 24 29 ¥8 Jan 12% 102 205 10 33 ¥4 50% Jan Sep 29 45 ¥4 Dec 80 83 5/8 5 % preferred American Cable 10 12 ¥4 80 84% 14 ¥2 Mar 18 36 ¥» Jun 12% 80 ¥2 *79 8,000 < 34% 293/8 May 14 20 ¥4 Feb 11 21 11 11% 12,200 35 33% 7 42% Jan 3 7 ¥2 Sep 39 ¥2 Jan 117 a 2,100 20% 34 ¥4 700 13 10 ll7/e 32% 20% 3,000 Jan 41% Jun 80 ¥2 *79 32 ¥4 207a 34 54% 7% Feb 18 *79 80¥2 32% 20 ¥4 32 ¥4 - % 44% 3 ¥2% 393/8 May 6 573/8 July 23 52% Nov 2 80 ¥2 *79 32 ¥a 19,000 37 ¥4 9 64 ¥2 May 29 2 34 ¥4 6,300 5 ¥4 54% 31 19 20 ¥2 33 5 ¥» 44 ¥2 25 20 ¥2 Jan 32% 20 ¥8 34% 89% 37 ¥4 19% Feb 17 32 20% 33 ¥2 4,000 323/4 340 55% Bank 22 31% 20 33% 5% 102 preferred Bakeries Nov 11 31% 20 % 5 ¥4 89 *330 46 American 20 ¥4 Sep 9% Nov 32 20 % 89% 340 37 ¥4 American 22 88% *333 5% 31 ¥2 31% • 90 ft 340 5¥a 33% 11.900 ■ 54% 5 2 32% / 44 ¥2 21 2 89 *332 5 ¥4 4,200 233/8 55 38 ¥2 Jan 2 89% 340 900 122 47 160 ¥2 Apr 48 Apr Jan 5% 23 54 ¥2 7 Jan 88 *330 5 ¥4 121 23 ¥4 54 ¥t 2 3% Jan 83% 334 124 23 47 2 19 3 3 V2 84 % Jan 13 122 23% 33 ¥2 Corp No par Amer Agricultural Chemical__No par 33% July 2 23 33% 33 ¥4 Petroleum 42% Jan 45 ¥2 Jan 121 23% 33 ¥4 37 ¥4 14 16 5¥o 121 23 ¥2 53 ¥2 12 47% Dec 88% *330 121 23 ¥4 34 ¥2 • *45 10 2 33 ¥2 *36% 40% Oct 33% Jan 22% 5G 44% Nov 2 52% 46 K5% Oct 9 52% 37 ¥4 7 Jan 52 ¥2 53 ¥2 9 29 ft Feb 52% 46 13 58 52% *195 common Sugar 27¥a Apr 58 ¥2 Dec 11 52 ¥2 119% 16% 12.50 American 66 ¥2 May 29 52 51 ¥2 121 102 Corp Amerada B 37% Dec 8,900 3,000 52 51 ¥2 119'"* .100 34 ¥2 Jan - 34 ¥4 28% 200 __ 85% Jan 118 33% 28 ¥2 16% 102 convertible preferred Amerace 30 333/8 Apr s 15% No par Inc convertible Amalgamated 563/4 July 17 106 ¥4 Feb 5 83% July 16 32% Jun 17 24 ft Jan July 20 337 29% 16 *185 Alpha Portland Cement Mar 31 46 33 ¥4 28% 15% 19,100 2,400 Aluminium Limited Aluminum Co of America 52 17,500 33% 29 ft _i8 Amalgamated Leather 15 21 25 25 16% 32% 28% 102 ... Corp Corp common preferred 4.08% US3/, July 24 27% Jan Feb 9 16,200 15% 10 ... Allis-Chalmers 8 39 ¥a July-15 1 77% May 11 33% Feb 81 July July 5,800 55% 28% 200 Products 4% 22% 55 ..No par Laboratories 64 ¥2 Apr 5 833/4 Mar 17 __ 22 ¥2 33 185 Corp Allied 9 17 24 ¥2 18,200 125 15% 5 39 ¥2 Jan Jun 55 ¥2 101 Co 10 s/8 Jun 76 22 54% 100 72% 28% 1 Inc. Kid 13 28 22% .100 .. preferred Allied 21 July ¥2 54% No par preferred Chemical 15% Jan 6 22 43% 32% „1G0 Industries 433/4 Oct Jan 71% *119 22 ¥4 1 convertible 2 Jan 125 53% 5 common prior 10% May 19 35% Jan 2 27 *118 *43 16 ¥a 2 Inc Allegheny Ludlum Steel Corp Allegheny & West Ry 6% gtd 8 124 72 ¥2 28% 2 preferred A conv 71% 33 100 preferred ¥2% $4 2 2 ¥2 53% Shares 43 ¥2 *43 . 15% No par common common.... Alleghany Corp 30 20% July 17 July 24 21 Inc Products Inc 22 ft 52 *120 the Week July 24 28% 1 pfd 1951 series. Gas . 72% Friday July 23 43 ¥2 71 ¥4 124 *42 ¥2 Sales for Thursday 32% 1 conv 4¥»% 123 15 48 ¥2 Jan Alco Aldens ft July 24 102 2 Jun 8 22 ¥2 52 ¥a 5 Industries........ 3 59% July 22 14 12 72% Apr J Alabama May 11 206 ¥1 Apr 44 ¥a Apr 28 44% Jan 11 30 13% Apr 93 29 Jan 22% Apr 35% July 2 24 10% Dec 2 35 2 Dec 80 ¥2 Nov 1191 14% Apr 30% Jan Jun 4.50% 22 ¥4 No par Corp ; Air Reduction A *120 PRICES 1 Aeroquip Corp 22 73 124 SALE 1 Co Admiral Corp 6% Mar 19 43 ¥2 71.%~ HIGH Wednesday July 22 10 Co Express Addressograph-Multigraph 29% May 1134% July 16 91 ¥2 Mar 10 43% 72 ¥4 52 25 Inc___ Adams-Millis Corp 12 Apr Steel Adams *120 1 Inc 43 ¥2 71 100 Corp Industries Acme 9 Jan Vending preferred July 21 *42 ¥2 5 AND Tuesday July 20 1 ACF-Wrigley Stores May 19 328 Monday Par Laboratories common.. convertible ABC 24% Nov 2 LOW STOCK Abacus Fund 8 84% Apr 134 YORK EXCHANGE 20 ¥2 Aug 26 37 ft July 15 14% Jan Range Since Jan. 1 Highest 124 14 ¥a 14 ¥4 25 28 ¥2 28 ¥2 25 *25 ¥4 26% *25 ¥4 Zinc Lead & Smelting—1 "15% 15% Works 3 Preferred 6% 1 Preferred 5 ¥2% Co com—5 series series 123 52% 52% _ • 87¥2 6,150 123 ¥2 420 52 ¥» 53 ¥s 29,000 14 14 ¥b 3,800 14 14% 14¥a 147a 28 23 *277-8 28 ¥2 *28'% *28 ¥2 29 26 *25 ¥4 26 *25 ¥4 *25 ¥. 26 ¥4 15% 15% 15% 2,700 82 ¥2 833% 41,300 , 200 15% 15% 15% 16 Jaii 78% 79 82 7/a 32 ¥8 353% 37 ¥2 Dec i 1 2 61 ¥» May 21 32% Jan 7 78% 22% 46% Mar 13 37 ¥2 3 7 ¥4 38% 38 ¥a 39 39 ¥b 39 ¥a 39% 7.800 Jan 13 633/4 Oct Amphenol-Borg Electronics Corp-_.l 36% 40 13 60 ¥e Jan 2 74% Mar 17 Anaconda Co 62% 63 ¥2 62 ft 63 62 ¥4 63 % 61% 62 62% 31,400 46 ¥2 Jun 30 61 ¥2 Oct 14 53 ¥2 Jan 7 00% Mar 18 Anaconda Wire 56 55 55 5 5 ¥2 553/4 553% 55 ¥4 55 ft 55% 810 39 31 39 31 33 Feb 3 43 ¥4 July 22 41 41 41 ¥2 413% 43 ¥4 *423% 42% 43% 3,200 2 100 90 ¥2 Jan 20 95 ¥2 Apr 4 1 40¥4 Jun 25 Anderson 23 16% Jan n Anderson-Prichard Oil July 23 Anchor 88 Dec Jan Dec Mav31 33 Jan 2 41 ¥2 Nov 14 34 22 Jan 13 32 ¥2 Dec 5 30 87% «®x $149 Mar Jun — naee 50 8c Cable 2* 39: Hocking Glass Corp— Common $4 No par 82 ¥2 6.25 preferred., - Clayton & Co Corp -40% No par 92 ¥, 21.80 *373/4 10 31 ¥8 *92 ¥4 93 ¥2 38 37% 38% 31% 31 ¥4 31 ¥2 92 ¥4 *92% . 93 *92% *92 ¥4 37% ' 38 33 31% 31% 32 ¥a 38% 93 10 38 ¥s 38% 3.700 32 ¥4 32% 7,800 15 Financial Chronicle The Commercial and 16 . . Monday, July 27, 1959 . (363) EXCHANGE STOCK RECORD NEW YORK STOCK ft*af• f sr Previous Lowest Highest Lew est 29 Jan 2 44% Dec Feb 25 41% Aug 11 43% Jan 33% July 20 4 40% Jan 26 Armco July 24 80 7 Argo Oil Corp Steel 39% Apr 7 67'% Dec 19 64 Va May 12 y« Feb 10 24% Dec 31 23 22% Jan 2 39'% Dec 17 35% Feb 9 Nov 3 90 5 77% Jun 23 ,f % Apr 7 22% Sep Jan 22 3% Jan 8 27% Sep 2 9 28 V2 Apr Feb 25 19% Dec 30 if) Jan 2 25% May 15 Ashland 27% Feb 12 34% Dec 10 31% Feb 11 10% Aug 10% Jan 2 May 20 29 23'/a Jun 18 9 6% Jan 46% Nov 19 44 Feb 100 Jun 10 2 6 105 Jan 2 96 Dec 19 71'% Apr 17 Ya Jan 2 28'% Dec 31 May Jun 57 13 5 Jan 67 27 Arvin 2 Oil 26 2 27% Jan 28 32% July 8 10% Mar 4 18 5% .2 10% Dec 89 V» Jan 10 41% Nov 10 39% Jan 86 ya Jan 8 Feb 28 81 92 2 27% Jan 53% Dec Feb 25 45% Nov 13 43 % Jun 78 y4 Oct 29 90 Jan 15 2 Jan 34 24 1 c<3 c Nl 20% 20% 20% 20% 33 % 33% 33% 33 % 6.700 13% 13'% 13% 13'/4 13% 8,800 56% 4,300 10 _ preferred Powder Nov 3 Nov 6 43% Jan Iff' 3 92% Jun 10 101% Feb 5 82% July 16 89 y4 Jun 3 41 >/4 Feb 50% July 45% Apr 29 V* Jan 7 63 '% Nov 13 2 48 9 7 23% Jan 9 30% May 11 4 52% Jan 8 66'/a Feb 27 Feb 9 40 July 24 23 28% Jan 2 49 Jun Bayuk Jan 2 53 July 7 Jan 23 200 July 8 3%% 100% Mar 26 4%% 19 Jan 18 29 30% Oct 31 17 44 2 28% Jun 74% May 13 2 35 % Jan 2 Dec 13% Dec 2 10 y4 Jan 2 28'% Jan 29 36% Oct May 19 28% Jan 5 7 80 'A Jan May 22 83 2 Beatrice Foods 44 Jan 9 42 10 Apr Shoe 95 May 5 89 May 14 44% Apr 18 Vb Jan 10 74% Dec 12 66 Jan 16 2 27 '% Dec 24 24 Jun 16 28% Mar 3 6 50% July 21 48 Jun 18 52 1 13 1% Feb 36 % Jan 6 341/4 Jun 17 36% Jan 13 54% Oct 14 Oct 2 159% Jun 12 143 41% Apr 43% May 28 9 Bestwall 59% July ■ 49'A May 11 Jun 6 1% 11 6% Jan 2 15% Dec 9 12% Jan 5 17% Apr 3 Jan 2 76 Dec 12 70 Jan 12 83 2 36 Jan 30 59% Dec 9 53 Jan 23 77% July 20 18 July Blaw-Knox 30% Jun 9 22 Jun 15 5 22% Oct 10 21V4 Jan 2 2 22 Oct 6 20% Jun 5 May 14 24% Apr 1 19 Y Dec 18 16—Jan 8 24% July 15 10 y8 Jan 2 Nov 21 70% Feb 31 37% Feb Borden 81% Apr 8 Co 3%% 5 85 Jan 16 76% Feb 3 2 60 y4 Dec 31 59 Jan 6 10 Mar 26 15% Jan 5 27 % Jan 6 5% 14 3 17% Oct 24 32% Oct 23 6% Jan 2 12% Dec 2 & 13 33% Jan 6 45% Jan 13 36% Oct 9 '/4 2 82 Oct 34% Jan Nov 18 40'/8 Jan 13 Dec 11 68 Feb 5 July 23 82 July 85 92 Mar 13 49% Dec 6 16% Jan 11 y4 Jan 2 17 Va Dec 30 42 Va Jan 17 60 19 12 53% Nov 21 47% Jan Dec C 43 3,500 50% 50 50% 50 50% 50 50% 49% 19 *33 83'% 83 83 28 % Jan 35% May 28 13% Jan 2 20% Dec 78% Jun 10 9% Jan Feb 56 8 31% July 10 Budd 90 Jan 8 1 94% May 27 37% Jan 21 Buffalo Bullard 2 24% Jun 13 '/a Jan 27 20% Apr 25 $5 18 3 8 15% Oct Mar 26 64% Jan 19% Jan 10 24 30 14% Jan 2 25 % Apr 10 68'/a Jan 2 80% Apr 62 % Dec 2 63 31 Oct 29 12 62 78 '% Oct 70 67 Mar 10 4 17 76% Jan 13 8 43% Dec 17 34% Jun 9 45% Mar 18 16% Mar 7 28% Dec 2 24% Jan 5 35% Feb 22 y4 Jan 10 34% May 5 40% July 16 3% Jan 3 - 83% May 40'/a Nov 6 15 8 % Oct 14 5 Jun 26 8 20 Jan 6 39% Dec 19 38 Jan 9 54 98 Jan 9 108 y2 Dec 16 109 Jan 5 7% Dec 10 29% July 13 3% Jan 9Va Jan 20'% Nov 21 5% July 10 18 Jan Mar 30 30 114% Jun ... 7 5 Mar 10 Jan 21 24 31'% May 27 9% Mar 17 27 July 24 5 Va Jan 12% Dec 31 10 35% Jan 50% Nov 12 46'% Jun 26 14% Jan 20% Nov 24 19% Jan 2 81 Jan 90 5 83 Va Jun 26 89 Feb 11 45 Oct 27 50 '/a Jan 7 46 July 14 51 Apr 22 26% Jan 10 37% NoV 19 37 Jan. 44% Jun 1 May 9 21% Jan 2 31% Sep 19 28% Jun 16 47% Jan 6 66 30 62% Feb 3 For footnotes see Dec page 2a 94 % "92 % 94 % 79% •78% 7,900 82 80% 81 % 82 80% 26% 25 Va 25% 25 25% 48% 49% *48% 49% 48% 48% 3,500 1% 1% 1'% 1% 1% 1% 1% 1% 68,200 *37% 38% 37% 33 % 38% 2.400 38% 10,400 56% 68,700 16 Va ' 16'% 55% 57 "144% 16% v. 80 17 500 145 18,300 17% 16% 78 7,800 *76% 10 78 75 73% 74% 74'% 33% 39 145% 78 17 *78 80 38 56 Va 145'%' 16% 16% *78 56% 145'% 56' 145 145% 38'% 38'% 38'% 56 54 % 77% 75 38% 33 *145 80 *78 38 x38 39 72 72'% 72 72% 3,700 55% 55% 55% 8,100 30 30% 10 55'% 55% 55 55% 55% 56'% _._2.5o 28 Va 23'% 28% 29% 29% 30 30'% 30% 19% 20 19% 20'% 19'% 20 Va 19% 20 19% 20% 6,900 34 '/a 34% 34 34 % 34 Va 34% 34 34% 34'% 34% 41,900 31% 31 31% •31% 31'% 31 32 22% 22% 22'% 22% 22% 22% 23 3,700 23 % 22% 23 Vj 223k. 22%. 22' 22j 2,909 81 80% 81 81 81% 81% 82% 3.4)0 43% 19,500 *31 22% va Va, 22%. 22% —_2a/%_ —22— .1.23 » 1.600 79% 80 41 15 __5 44% 43% 44'% 43% 44% 43 % 79 % 78 '% .78'% 78'% 78% -781/4 79% *73 % 79% 70 63% 63% 63'% 613 63'% 61 Va 62'/a 62 % 62 % 3,609 __100 *78'% 25 63% *10% 11'% 11% 20% 21 21 __2.50 14% 14% 14% V 15 5 41 41 % 41% 50 51 51 Inc_______ 3% 3.50 a 43 Va. 44 6/ % 20 % 21% 15 Ve 14% 15 42 41 42% 42% 43% 42% 43% 51'% 51 51 51 51 10% 10% 11% 11% 11% 11% 11% 62 3 4 62 62 61 62 118% 114 118 116 117 - '/a 63% 118'/a 113 39% 39% 52% 28'% 53% 54 53% 53% 53% 54% 4,000 17% 17% 17 % 17% 17% 69 V 17% 2,100 17% 68 3 b 99'% 99 30 30 30'% 30% 31 31 31% 31% 700 30'% 30% 30% 31% 30% 31% 31 31% 14,000 28% 29% 29% 30 51.600 29% 92 33% 33% 900 21% 21 22% 22 22 % 21% 22% 21% 22%. 7,600 15% 15% 15% 15% 15% 15% 15% 15% 16 6,700 221/4 23 y8 23 23% 23% 25'% 22'% 23% 77'% 78 *77 78 *77 78 67'% *66%' 67% *66 % 67 *81 •- 82 81 81 82..... 82 5 26% 3 7'/a 36 Va 25% 25'% *25 Va 40 40 Va 5% common... ___10 __10o *111 % 29 Va 1 _ 5 Canadian Breweries Canadian Pacific Ltd. Ry _ _ . 40 40% 40 40 40 5 % ,113 *112 % x29% 30 29% 5% 6 25 25% 29% 30 6'% 6 26'% 25% 1,000 113 6Va 26 6% 27 4,300 10,800 42,400 11% 11 Vs 11% 3.800 a 50'% 49'% 49% 49% 50 5,000 20% 20 Va 20% 20% 20% 6,300 86 Va 86 Va 86 % 86'% 86'% *85 86% 47'/a *46'% 47% 103 41%- *41% 42 200 43', 25 *112'% 6,000 2.700 20% ll'/4 11 49 _ 5% 48 30 Va 30 26% 40 113 *112% 30'% 5'% 45% 4 11% 20 3 11% 113 5'% 45 44 6% 6 6 25 % 431% " 5% 5% 44% 5 % 20% .No par 2,600 40 '% 43% . _ 29,900 27 % *27 20% .No par 35% 27 11% 11 Va 86 V2 *84% 48 43 *47 y4 48 % 47 43'% 40'/a 40 Va *40% 41% 41 41 29% 29% 29% 29% 29% 30 29% 29% 29% 29% 65 63 64% 64'% 63% 63% 64% 65 65 % 66 *84 Va 70 35% 36 26 20% 100 100 82 35% 48% No par 193,600 82 25% 1 Ry Co 82 36% 1.80 $4.25 conv preferred *81 < 67 Va 25'% 44% *43 24% 11% 78 *66'% 35% -1.66% Co Co 5% 23 *76 Va 67% 36'% *1121/4 30 - 25% 77% 26 45 5 '% 113 -5 40 44% participating preferred 24% 77% *66% Va 100 - 5% 44% . 29% *92 93 *92 52 Va *6( % _ 23,30) 29'% .1 _ 1.000 69 V' 105% 92 : -100 ^—YOQ 104 33 % 15% 1 69 104 30% '• ..100 Callahan Mining Corp Calumet & Hecla Inc. 99% 93 21 California Packing Corp. *68 100 33 % 5 Southern 69 68'/a 34 34 15 (A M) - 33% *92 93 34 ________5 .. 53'% 34 *52 _l Zinc 7,800 ■ 33% __No par Bros 8,000 39 % 83 % *81 98'/2 29 % 5 83'/a *81 83% *81 83 % 17% ' 30% 1 3,100 68'% ' , V 30% .___ 500 50,900 53 53 29% ! 38% 8,40) • 29% com 39 '/a 38 Va 39% 39% 1,400 11,900 *81 8 3 '/a *81 5 Bush Terminal Co Copper & *50% 51 62 ' 1,200 11 % 21% 14% 21 63% 40 Va No par Inc 11% 21 15 Va 11'/a . 117% 113% 39% , 66 % 118'% 100 ___lo ___ 11% 11% 21 14% 9% v / 2.50 __. 11% 11% 21 51% 10 —J3 Co__ Co Soup *31'% 32 3,500 80 "a 10 Mills 94 Va 55% Co Cannon *92% 25 % 55 % Campbell Red Lake Mines Ltd! 3 94'% 79% 145'% lb% Canada Dry Corp common 67'% Mar 2.3 -92'% 7,300 48'% 54% Co__ Watch Canada 69% 26% 38 40c common common Campbell 69'% 80% 1% 13'% May 18 55'/a Jan 15 16 70 % —L6t309- 43% 145 % preferred preferred —4'%% second pref Burroughs Corp 7% W 26 33% Brass >Corp____5 Line Forge Byers Co 16% 177a 49.. common___8 3'%% Butte 1,900 16% 16% 184j s~ r 68% 71 14,400 36 % 35% 33 16% 18% 26% 1% 4% Butler 2,800 40% 49 1 38% 21% Jan 32% Mar ■92% _1 peso Burlington Industries Inc 10 27% Apr - Co 50 38 Vi *40'% 26% 5 preferred— Bulova July 24 May 94 % *92% Bucyrus-Erie Co 18'/a Sep 16% Dec 69% ' 3 2 71 % 99 33 y4 Oct 28 69 '% 17% 26 Jan 66 % 07 Va Jun 9% Feb 16'% 17% -M8%- 97'% 28 v4 Jan 10 37 16 % 17% ^ 83% 37% 40% 35% 36 % 16% 67 Va 83 % 33'% *40 Va 37% 13 83 •38%' 40% *40 % 16% 16'% 17% 67'% 10 32% Apr 16 Jan 41% 37 38 % 16 % _50 Inc 83 38% 38 33 *40% T7% 37'% 17% Dec 90 37% 1 33 '% Dec 45,300 33% Inc 30 2 % 83 % Bigelow Pipe 9.200 67 38 _15 Brown Shoe Co Buckeye 23 % 66% *83 Brunswick-Balke-Coilender___No par Brown 27% 68'% 671/4 preferred Brooklyn Union Gas 30 27% 66 26% 67% ____! 27 27% 68 Va 27% 66 41'%- 70 95'%. *94 27% 26% 68% *40% 193 95 '% 27 1 2,300 49 % 95 % 26% issued 13 Jan .95 ,rl,900 55 % '183 200 *190 66% convertible preferred 22% Jan 27 95 , RR— Airways 105% July 24 33% Mai 16 25 96 . _I00 Maine & 200 95% 3%% 21 *95 "190 _No par & When 200 -190 201 95 % Briggs & Stratton Corp.— Co common 8 Jan 20% Apr 70% Feb 57'/a Jan 46% Dec 47% Bristol-Myers 26 59% Jan 491/2 Jun 31 48 preferred 4%'/, 66 % July 20 126% Jun 8 47'% Co Edison Braniff 22 42 % July 29 % Briggs Manufacturing Co 78 13 48 Bridgeport Brass Co common 44% 2 63 Vb Jan 8,500 46 common.. 12% Jan 38 Va 26% Jan 40 45% 100 44% May 15 53% Jun 8 8'/4 May 12 Sep 25 33% 45% ;__.l Corp Boston 17% Mar 13 48% Aug 11 27% May 21 38% Jan 6 5y4 Jan 11% Jan 10 55 % 33% 46 __________ Boston 7% Jan 18 ya Apr 2,100 45'% ___5 Common 20'/a July 14 24 66 % Mar 17 1,300 26 26% preferred 74% Sep 48 y. Jan 51% 56'Va Inc Borg-Warner July 51 38'% ~Book^of-tlie-Month Club Inc 82% July 24 9 78 6 23 Aluminum Bond Stores 52'% 56 Co 45 % 10 39'/a Dec 60% Jan 25% Apr 35 33% *51% 38 % Boeing Airplane Co 2 *33 52% 56 Va ___. Bliss Jan 800 34% 52 % 26% . Co__ 9 14% Jan 34'% 34% 56 '/a. lo Bliss & Laughlin Inc 17% Feb Bohn 33 35% 52% .__5 56% July 15 241/4 Mar 31 46% Jan 900 __1 36'A Jan 11 34 62 % 37 100 28 30 62% 26% _ 18% July 28 58 '/8 Oct 63 37% —1 (Del) 37 Ya Oct 25 62i% 52% ___1 26'/2 Dec 34 y8 Feb _14% Steel W) 63 56% Co~_____~ Gypsum preferred (E 16,100 26 Bigelow-Sanford Carpet (Del) com_5 4'%% pfd series of 1951_ __100 Black & Decker Mfg Co 1 18 47 "4 37% 25 .50 — 1 July 4 61/4 56 common 2 6 47% 63 % 46% *34'% .1 Co 2 ■ July 12% Jan 70 46% 25% Inc___t Bethlehem Feb 155 56 23% Jan Co 62'% 62 200 46 »% 55 % Corp preferred & 46% 37'% .... preferred Benguet Consolidated Best 81 45% 25 5% 1 84 45% 37% _ Bendix Aviation Corp Beneficial Finance Co Mar 23 2 18 2 Apr 4%% 82 % 55 % Beldine-Heminw ay.. Howell *83 82% 45% 1q 10 — Beech-Nut Life Savers Corp & 1% Oct 85 pfd.^_._100 Corp__a 2 Aircraft 36% Dec 7,300 96-4 8.5 .1 9 Bell 140 4%% S) (A Aircraft Bell 2 49'2 96',4 85 100 Beech 6 6 49% 95'% ..2.50 Beech Creek RR 74% July if Jan 49% *83 85 25% ... Beck 24% May 11 28% Jan 49% 95 % 17% "191 9 93 Jan 45.000 100 23 "4 40 9,700 33,200 17% preferred 17% July 21 Sep"22 9% 42% .17'% common—..12.50 Co Feb Mar 90 9 % 39% 17% 1 17 y2 July 24 92% Jan 13 9% 41'% 17'% Beckman Instruments Inc 58 % Apr 23% Aug 27 25 14% Feb 9% 40% 1 26 Va . 43% Jan 5 . 65,600 9%' prior preferred.. conv 6 84 15% 17% *50 Beaunit Mills Inc.. 26 14% No par 40% Apr 35% July 23 —13% Jan — Inc Cigars 178 19% Jan 15% 40 % Basic Products Corp..— Bath Iron Works Corp.. 9 40 % Dec 18% May 16 73% Jan 3 Barber Oil Corp Aug 22 95 14% 9 % 13 Bausch & Lomb Optical Co 36 >% Jan 14% 17% 52% 10 . 11,600 38 '/a 35 Dec 5 33% 9% 63 % Dec 29 37% 39% 35 58 Dec 39'% 9% 63 % 36 Jun 37'% 33 % 52% 30% May 20 49 9'% „__1Q 8 104 14% preferred__100 ..1 noncumulative 6 2 14% 1,200 39% ■ 39% Bangor & Aroostook RR Mar 24 9 14 % 1,50) 94% 9% Ohio common__—.100 & 16% Jan Jan 14'% 700 16 14% 40% 95 % 45 Vi Apr 10% Jan 3.9% 49% 6 93 40% 95 % 27 47% Sep 23 49 Va Jan 174 is *22 % 96 '% Jan 3 *17% 50 64 3 93% 17'% 23 95% 40 Jan 40,000 93% 49% July 23 33 ya Jan 420 6% 17 17% July 24 127 79% *22 49% 33 Dec 7 9 Vb 17% 23 18% 51\ 31 79 130 93% *22 97 22 7 12.100 93 22% , 97 29 16% Jan 43 % 33 % Corp com Oct 29 45'%- 15% 49 Elec & 64»/4 Oct 27 3.500 45% 1 Co 48% May 27 23 58% 6V3 No par 4% .Inn 120 1 Jun 61 57% *15% preferred series B______100 preferred series C 100 Baltimore 8 58% 6% 15%. ■ 33% 4%% 4f* 34 79 13 Baltimore Gas July 21 50 84 ___9 Inc_ Wilcox Baldwin-Lima-Hamilton 18% July 16 6 13% Jan 15 45 84'% 15% 17 *22 Babbitt (BT) 4,400 -33 % G% 32 23 20 13,100 51 15% 17% *17 21 29,300 10 50 .6% ■ 90 % 17 % Jan 30% 10 43% 78 % 6% 6% 15% 91 17 10% Nov 29% 10 Va 46% 57% 15 % 15%. 93% ,.3 Corp.. 29% 10 90% 15 % 9 6 79 6 % 20 common 24 45'/.Oct 73% 20 . Co.. Nichols 78 % 45%' Va 6 1,400 45% 79% v.-} 76'% 45% 57 45 % 6 410 104 75% 53 58 46 55% 102'% 75% 29% 30 % 57%' 79% 1 — 84 % '83 55% 103 *102 75% 29% 45'% 10 100 preferred common.. Jun 7 84 % .No par 3% Jan 22% Apr *83'% 58 '/:• Avco 21 46 % 53 40% July 21 Feb 10 45'% 84 17% May 25 95 9% 4C 81 7 18 10 6.30 __1QQ 29 Dec 30 ■9 % 45 % 10 45 % 10% Jan 85 29% 56 ' 9% 45 25'/a Apr 105% July 102 % '75% 30 Vb 29% 11 6 102'% 76% 55% 55% 103% 75% 55 % 103% 75 preferred~_10 common B 55% 103% 76 103% 56 55% __10Q 30 2 15,500 20% 33% 13% Dec 4 7,600 13% 29 % Dec Sep 26% 33% 2 9 V* Jan 26% 20% 6 34% Jan 27 13% 22% Aug 8% Jan 95 25% 33 10 <fe 25% Goods Corp — series Babcock 25 14.500 20% 13 8 13 13 % 21% Jun 12% Jun 12'%. 33 19 42% July 24 13 20% 28% Dec 9 12% 13% *22 7 12% 13% No par Apr 12% 24% 8 8 23 12% 33'% 5% 30 '/a Feb 50 23% 20% 16% Jan 34 570 23'% 24 % Conv prior pref ($1.20} No par Automatic Canteen Co of A.rner_2.5Q _26 21,300 30 % 3J Austin 27'% Jan 44% 80 % *23 23% 24 % Atlas 9 43% 80% -23 20% 16 16'/a May 27 44 80% __2.50 Inc„____. 11 <0 CO 19 43 % 78% 44'% % 12% 13'% 11% 16% Feb 22 25% Dec 59,900 23 *23 23 '/a *23 5 24% Feb 72% Sep 2 30% 43 94'% July 24 30 29% *79 27 15'% Jun 2 Jun 7% Jan 30% 80% 16 5 17 % Aug 14 y4 Jan 67 29% 44% .1 Corp 30% 47% Refining common._1 & Refining $3.75 Atlas 15.200 31% -1 C0astLine-RR Atlantic 80 30% 26 23 79% 79% 8% Jan 6'% Jun 79'% 43% Inc non-cumulative Atlantic 62% May 25 53'% Apr 17 36% Mar 3 17 8 8% Aug 6 3,400 79 . 44% Atlantic City Electric Co com 4% preferred _. July 24 92 78'% July 6% Jan 51 9 %-Peb 47 30 2 July 36% 79% 291/4 ' 78%. Atchison Topeka & Santa Fe— 9Va Jan 36% 78% 34% 73 31% Common 9% Jun 23 34 73'/a 80 preferred Associates Investment' Co 88% Jan 34% 36 80 1st 24 46% *35% 31'% Common 5.25% 46% 35% 44% preferred $1.50 sevies__No par ASR Products Corp ,__5. 107% Mar 31 33% 3,700 46 24% Industries Associated Dry 94% Jan 29 17% Jan Shares 46 % 46% 47 46 % a 5 Industries Artloom the Week July 24 1 No par Cork Co common $3'.75 preferred Arnold Constable Corp. Armstrong 7 Marl6 23 8 10% July May 25 46 36 V2 Apr & Co Armour 31% July 20 7 May Friday July 23 77% 2nd 8 40%May 19 147/s Jun 18 80 Thursday July 22 33% 5 —10 Corp 43 7 46 % Sales for PRICES Wednesday July 21 July 20 Par No par SALE HIGH Tuesday Monday YORK STOCK EXCHANGE Archer-Daniels-Midland 2 49 % Feb 15 22 NEW Jan. 1 Highest Rsnge Since AND LOW STOCKS * 46 Va *41 ' 40 18,000 3.000 Volume 190 Number 5867 . . .The Commercial and Financial Chronicle - (369) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous Year 1958 Lowest , ' 10% Jan 30% Apr 24 Jan Range Since Jan. 1 Highest 2 19% Dec 7 413% Dec 13 46% Dec Lowest 8 17 12 39% Apr 1 52% Feb 16 96% July 13 102% Jan 5 9 25 % Jau 2 29 34 39 % Jan 13 76% Dec 11 72 32% Jan 2 46 % NOV 20 38% Jan 20% Jan / 19 V8 Jan July 383% Dec 3 3 i 47 /« July 23 Jan 5 a?i^JunylQ 9 1 July 31% Nov 20 38% Jan 20 6 May 5 3 23 % Aug 14 2 1193% Jun 6 110% Jan 5 % Jan 3 7 7 Aug 92% Nov 10 Jan 12 83% Jan 22 55 Va Apr 14 91 Aug 28 101 Apr 28 6 Jam Jan 2 118**2 NOV 5 2 81% Dec 17 38% Dec 15 19% Jun 9 263/8 Feb 28 17% Jan 7 17% Jan 2 9% Jun 27 44 Jan 3 22 % Dec 9 5 .92.y4 July 16 29% Jun 99 55 % Jan 117 17 Jan 5 78% Jan 7 37% July 21 T8%Jan „2 21% Apr 16 ,• 19 Carpenter •. 2? 27 lb Carter Case (J I) ' 119% Mar 16 7% Apr July 98%. Jan 33% July 22 7% 12 7% 44% Mar 20 20 Apr 23y4 Mar 2nd 4'%% 4 Central 13 Jan 5 22 Mar 23 'Central 30 41 Jan 30 53 July 71% Feb 17 8 23 99y2 Feb 27 31% Jan 10 4%% 423% Dec 31 39% Jun 17 46% May 11 Central 23% Feb 26 30Vz July Central RR 17 293/8 Sep 12% Sep 23 19 Jan 16 7 Jan 3 24% Mar 8 3% Jan 233/a Jan 1% Jan — 3 Jan 91 6 14% July 7 8% Jan 12 Certain-Teed Nov 3 43% Jan 28 28 Chadbourn Gotham 77% July Chain 43 Aug 14 100% May 21 39 % Nov 12 37% Jun 9 SO Jun 9 35% Jan 2 243% Aug 14 553% Nov 14 20a% Jun 17 50% Feb 24 2 17% Jan 7 31% Jan 2 43% Jan 3 21% Oct 29 153% Feb 5 31% Nov 25 39 % Sep 23 y4 Apr 27% Jun 16 36% Jan 5 23 Jan 473% Apr 89 Apr 2 38 Oct 22 34% Feb 18 66'% Jan 2 69 Vb Nov 21 20 17% Mar 19 Sep 33% Sep 24 26 3% Jan 10 49 Vz Nov 14 313% Jan 2 43 Oct 11% Jan 2 453% Jan 10 123/8 Jan 2 18% Jan 2 18% Feb 27 31% Nov 4 15 109'% Nov 16 Jun 11% Jan 7 9% Mar 14 33 8 17 3 17 253/8 Dec 4 63% Oct 32 Nov 40% Nov 108 Jan 13'% Apr 25 5 1 99 Mar 4 42% Jun 74% July 118% Feb 18% Apr 8 38 July 14 9 53 Jan Belt 40 July 22 Class 16 Chic 44% Mar 30 2 20 63 5 19 24% Mar 24 19 36'% Mar 26 45 % May 25 28 27 Jan Feb 9 31% Nov 28 30 % Jan 38 Dec 10 313% July 21 153% Oct 10 13 8 353/4 Dec 83 Oct 7 953/4 July 30 2 50% Feb 4 52% July 21 15 Feb 5 102% Jun 24 17 45% Dec 2 15% Jan 2 20% Oct 13 35% Jan 2 62 Dec 9 17 155 Nov 28 152 Jun 10 165 Feb July 18 76 Dec 11 76 Jan 30 81 Jun Dec 34) 44% Jun 22 55% Jan 92 23 43 Jan 163/8 May 57 % Jan Jun 103% Jan 101 39 Jan 130% May 14 88 Jun 38% May 63 Feb 28 96 9 159 19 Apr 41% 29 30 '30% 61% 62Vz 15% 6iy2 62 62 % 63 43% 48% Nov 6 47% Jan 20 13% 13 %■ 13% 13% 14% 80'/4 8014 81% 81% 5% 5% 82%' 5% 74% 74Vz 13% 78% 5% 74% 5%' 74% No par 40% 41 41 41 No par 93 42% 93 *93 94 ___1% 43% 43 1 21% 22% 21% __1 33% 34 Co Gas-A- Service Corp. Products Equipment C C preferred Pills RR & %% Co Fuel Southern & 30% Feb 9 38% May 18 Combustion 54% Jan ^14 5 67% July 10 18% Mar 11 41% Jan 2 57% Dec 30 55% Jan 2 64 44% Jan 65 Dec 31 61% Jun 108% Jun 4 100 Jun 4% Gas *147 154% *147 160 *147 *77 83 *77 49 49 49 49% 48% 49% 93% 94 94 94 93% 94% *62 63 63 63% 63 *36% 34% 50 37 37 35% 51. 50 *132'*. 133 102 *90 151% 155 *1000 41 x40% 77% 77% 26 % 25% 29% 20Vb 49% *48% 1 • footnotes 21% Jun 18 23 see Oct page 26. 49% 3,800 94% 93% 93% 730 64 *63 63% 63 63% 37 37 36 37 /z 37 /z 37% 20 35% 50% 36% 37 51 37% 51 % 36% 37% 6,400 51 51% 3,600 50% /2 *132% 133 133 133 *90 102 *90 102 *90 151 % 152% 152% 153 153% *1000 133 TW 156% *1000 *1000 . *132% 110 20 133 "'■go— T02 157 159 14,300 *1000 43~ 41% 41% 42% 42% 43% *76% 77% 75% 76 % 76% 76% 25% 26% 26% 27 26 % 26% 26% 26% 2,400 29 30% 31 31% 30% 31% 30% 31% 149.000 49% 49% 49 49 *49 49% 48% 48% 300 58% *56 58 % *56 58% 41 42% *76 33,900 76% 210 *56 8,800 *56 57 320 67% 67% 68'% 68'% *68% 69% 69% 70 48 % 49% 49 49 Vz 49% 50'/a 50 50% 8,000 35% 35% 35% 353% 353% 35% 4,700 35% 35 % 35% 35% 35% 1 10 35% ,35% 35% 35% 35 Va 353% 35 35% 63% 64% 62% 63 62 62% 61% 61'% 60 Va 61% 4,300 1 14% 15 14% 15% 14% 15V8 14% 15% 15% 15% 19,100 Commonwealth Edison Co com—25 57% 58% 58 58% 58 Vb. 58 Vz 58 3/s 58% 583% 58% 13,700 Engineering inc Solvents 4.64% preferred 5.25% — preferred 35 • 96% -*96% 107% *107% 108% *107% 108% 108% 108 Vz 107 Vz 108'% 100 21% 21% 22% 22 Va 23% 22% 23 Va 213% 22% 25,200 8% *8% 8% 8% 838 8'% 8% 8 Vz 8% 21 97 . 96 96 Vz *96 . 96 %* 96 8% 18% 19 Va 15,100 13 12% 13% 123% 13% 123% 13 12% —1 59 58% 58"% 57% 58 57% 58 57 % 12% 58% 3,800 63% 63% 64% 64 Va 64% 64 Va 64% 64 64'% 7,200 101% 102 Vz 101% 3,000 17% 101% —No par Foods of Corp Utilities 6% pfd Co preferred preferred $4.16 preferred of 23 Va Apr 5% 18% 102 102% 41% 443/8 43% 50% 48'% 50 25 Vb 2 5 3/4 25 Vz 102 • 45% 49 Va 26% 18% 18% 19 44 ",49 26% 19 18% 26% 26'% 25% 26% *25% 49% 49% 49'% "4934 49 % No par 94% *96 *85 94/2 96 /z 87/2 100 19Va ' 26% 2£'4 90 49% No par . Inc Copper common & 10 No par Steel- common convertible 18% ' 50 16 34% 56 % Baking Co common—5 preferred Industries 18 26 /z 100 preferred $5.50 preferred $3.75 42 50 ,425 /z 18% 18% 49% T5 34% 56 A , —9 Continental Can 63% 102% 17% 102 preferred — *7„ 91 % 49% 103% 103% 47% 48% 81 81 —2 11% 25 *21 Vb 14% 22 101 Vb 7,400 453/a 43 44% 56,300 53 49% 51% 29,600 26% 26% 26% 15,600 1,200 19 *18% 26 *25 % 29% 2,400 49% 49% 6,200 493% *14 18% 40 15 15 14'% 14'% 34 Vb 34% 35% 36 36 36'% 35% 36 7,600 x56% 563% 55% 56% 56 56% 55% 56 6,000 94 % 943% 93 % 94 96 % 96% 96 96 87% 85 85 27% 27% 27% *14 15 ' *85 *93% 95% *84 26% *90 9-1 % *90 91 Vz 49% 49% 49% 103% 102% 47% 48'% 47% 48'% 81 81 81 81 14% 14% 14 Vz 15 22 21% 21% 49 Vb 103 *21% 103 27 3% *90 49% 103% 46% *81 14% *21% 14% 95 94 94% 510 96% 95% 95% 67<T 85 Vz 84 84 27% 27 27% *90 91% America— Common 4% 18% 1 ~5 10 1 Consumers Power Co com: Continental 40%. 50 24% 1 1.33Va 17% No par No par No par Cuba Coal 1,900 12% Electronics Industries RR ' se% preferred Consolidation 96'% Y com—No par Edison of N Consol 700 96% __— 4 9,100 107% 100 100 Comptometer Corp —1 Comic Nasi Publishing Co—No par Cone Mills Corp 10 Congoleum-Nairn Inc No par 16% Mar 12 20 83 *93% 49% Continental For 154% 49 68% $4.52 13 *77 48% $4.50 Apr *147 83 49% 49 *67 % 26 2 *77 No par 99% Mar 10 11% Jan 154% *147 83 1,000 No par Ohio Elec—5 Co Carbon Container Corp 13% Oct *77 47% 11,400 25 8% Apr 29 18% May 8 *132'// 83 104 27,500 12 92 35 51 *36% 34% 50 154% *101% 104 21% 32 25 *101% 45% 12% Jun 78% Jun 104 -47 21% 15 2 *101% 8,800 21 Vz 39 Vz Jan May 104 20% 213%, 2 95 20% 21% Gas 81% Oct 30 54%' 20% 22 Laundries Corp 6 53% 20 21% Consolidated 27 54% 19% 22% Consolidated Natural Gas. 58% Jan 59% 53% 20 22 Consolidated 107% Apr 2,700 60 53% 3,700 22% 6 9 13,600 20% 59 52% xl9% 43 22 57% Feb 12 60 54% 61%, 53% 20% 100 5 27 % July 10 July 59% 53% 60% 52% —10 9 44% Jun 42% '300 Inc System 2 10 42% 5.80Q 23 25 ' 42% 20 61% 270 84 98% 21Va Jan 60% Nov 84 '*97% 4,400 18% Jun 2 85 43%' 47% Jun 40% Jan 33% 98% 21% 22 8 2 42 85 *97% 45 31 52% Mar 42% 33% 85 17% 29 92 % May 42 34 98% 21'% 27% Oct 29 18 8,60Q 84% 44 Va 50% Dec 23 33%. 33% *97% 99 87 20% Dec Jan 33% ' 86% 3 89 69,200 21% 8 44 Vb Jun 70% 46 13 102 % 68 21% 15% Jan Feb 70% 45 Va 40% Jan 96 Apr 10 49% Dec 31 69% 87% Consolidated 106 69% 200 84% Consol 6 68% 43 59% 63% • Consol Electrodynamics Corp.—50c 2 4,000 83% Mar 10 283/4 83 July 23 Jan 28 % 83 28 86 Sep 27% Jan 29 82% 53 99 28% 83% 45% July 22 16 29% 82% 3 22 700 28% 17% 9 Jan 173/8 47 27 92 17% 47% 17% 33% Feb 29% Jan 17%. 33 17% 23% Jan 25 *31% 17 46% 18 19 33 17 *31% 17% 17 Jun 42% *97% 1.40Q 3,500 47% 15 25% Jun ., 33 %( 17% 26% Dec 84 33 30 Vb 17% 44% Dec 6 500 46% 47% Dec 28 40% 17% 2 Feb 790 *39% 46% 2 99 40% *101% 24 2 *39%, 1,500 1,100 18 14 Va Jan 23 40 46 yA $5 93% Jan 40 *40% 21% 25 92% Jun 41 40% 16% 21% 106% Feb 2 46 16% 45% 5 6 46 16% 58% 46 % Consolidated Cigar Corp— 25 37% 46 Vz 16% 37% 21% Consul Jan 37 *46 21% 21 Jan 37% 46% 46 68% Jan 33 16% 37% 46 *56 24 39 16% 37% 46% 100 preferred Commercial 6 22 61% Feb 800 .47 19% Jan Feb 16% 37% 46% 42% Nopai 64% May 28 52% May 22 *112 *37% ■/ JO common Pictures $4.25 9 24 16% 118% System_2.50 Broadcasting Columbia 19 21% Jan 16% 37% 47% . *112 5,400 104 common noncumulative 1st pfd Columbia 20 2 118% 84% 27% Feb 33% Feb *112 "112 99 No par Commercial Credit Co 14% Jan 1 118% . 5,40Gi 39 71% 118% Ry— 10 6 71% *97% com—No par Iron 20 19% July 39 71% 33% preferred series B——50 Columbia 26 14% Jun 39 71% 33% No par 24 2 38% 71% 84 stock—50 preferred Oct 6 38% 71 17% glxl Internaf'l.Corp Dec 14 38% 71% 84% —No par 15% Nov Jan 39 70% 333/4 -No par Co 33 11% Jan "38% 33% preferred -.3 00 preferred....100 "65 14% Jan 14% *84% 2nd 2 43 14% 35 Peabody A, Co com 3 17 14% 118% 66 1 2 18 14% *46% Corporation 10% Jan 29 15 "101% coin : 46% Jan Nov 14% 5 preferred 23% Jan 16% Sep 15% Jun 15 100 Ry Co corn nonciimillative Columbus & Southern 48 14% 15 38% Jan 7% Jan 29% Jan 7,700 15,300 No par Co Louis St & V —5 — 17 Apr 5,700 171/4 33% 40% .—10 Corp 32% Jun 10 33% 16% 33% 47 No par Co.—... 17 10 33% 17% 34% " Milling Machine Co 37% Nov 6% Feb 33% 17 33% 100 17 25% May 33 % 17% 34 100 preferred 5%% Mar 23 101% Apr 112% Feb 33% 16% 33% 1) 50 — 30% Jan 2 33% 50 11% 33% . Electric— .; Columbian 17 13,200 33% 37% —25 preferred 51 % Mar 23 23 22 68 % 5 8'/a Jan 21% 65% 12 95% Jun 22 67 <*4% Jan 105% Jun 21% 71% *16% 100 — 65% Jun 5 22 29% $3.50 20 Apr 21% 28% 16 74 15,400 29% 28 63% Feb 43% 38% *114 No par pfd— Corp.. 49% Dec 20 70%. 17% 93 43% 28% O'Nuts 73% Nov 9% Nov 21 33% Del_50 com 15 1.60Q 40% 94 43 . 1 Full May 23 31% Jan 2 _ 14% 33% 17% 33% 41 40% *93 43% 4,100 24% Mar 23 Jun 16% 33% 94 43 17% 9 Feb 41% *93 43% 22% 33%' 17% 17 99 1,000 12,000 30 30% Nov 751% 34% 20% Dec 7 14,600 75% 36% 2 2 10,500 5% 76% 75 33% 12% Jan Jan 83% 5'/2 33"% 9 17 83 5% 33% 20% Jun 104 Apr 21 103% Apr 25 14% 84% 75 41% 14% 5% 34% 22 30 75 14 y2 x82% 33% 23 J/4 Dec 18 5%" *31% 2 Dec 14% 1 700 2,400 12,800 18,800 32% Jan Oct 39 34 Colorado Sep 38% 31% 48% May 7 24% Mar 13 92 39% 33% 5 93 38% *16% 14 85 39% 17% Jan Aug 21 57% Oct 13 39 33% Jan 41 40 *16% 35 14 38% 33% *31% 57 May 15 16% 11% 5 29 30 11% __1 Oil Cotton 31 23% Jan 11% 6,10Q Oct 48 Vb Jan 15 % 11% *15 36% 38% Dec 13% Jan 63 16 11% 41% 9 15 62y8 15 10% ' 36% 24 Sep 63 15 I0y8 42 Jan 101 9,200 62 15% 35% 37% Dec 9% Jan 1,40Q 41 Colgate-Palmolive 50 % Mar 11 26 2,500 10% 37% Colorado 20 9% Nov 360 42 *14% 37%. Collins & Alkmai) Corp .—.No par 43 Vz Jan Jun 91% 30%. 36%. 7% 31% July 23 May 41% 11 15 *10% 5 82 Feb 27 29 % Mar 11 8 106 91 42 Coca-Cola Apr" 27 23% Jan 112 92% 35% 4% 27 30 4% Jan 5 ~ 92 200 36% Ciuett July 24 25% Dec 2 3,200 42 Clevlte 25 24 Jan 33 41% Special guaranteed 4% 6 Jun 4 5.80Q 32% 33 % s 35% Cleveland T36-%-Jan—16~ Jan 119% Feb 18 Sep 12 105% Aug 20 I91/4 33'% , 41 $4.50 12 2 15 96 1,000 77% 18% 1914 36 5% Mar 20 35 233/a Dec 63 52% 77% 19% 33 % 79 91% Cleveland Electric Ilium 20 13% Mar 18 16 52 Vb 76 18% 52% *76 41% C 27 65 Vz Feb 28 65 53 76 *52% 79 41% City Investing Co common 5%% preferred 19 61% July- 8 75% July 22 21% Jan 7 46 53 52 500 1,200 35% Clark 46 8 7,900 / 41% 7 30 86 Vz May 19 19,200 89 % July 53 28 18% 23% 18% 69% 26% 41% Coca-Cols Oct 18% 23% 19y8 29% Ry City Stores Co 35% Jun 77 19 Vb 23'A 18% 30% City 2 31 *76 19% *22% 19% 30% 2 22 May 27 52 77 Z 23 18% 26 2 Apr 24% Jan 97 52 19% 22% , 69 49% Mar 19 132% Dec 19 *18% 22% 18>/a 26% 18:% Jan 10 -134— -Bee—12 22% 18y4 30% 9 Feb 2 19y8 22% 360 70 9 25% Dec 15 6,100 26% 8 2 Jan 40 *69 % Cities 2 98% Jan 39 26% Cincinnati 4 55 86 39 18 50 C I T Financial 273/4 Mar 20 35% Jan -127—Jan—6- 38% 69% 30 14 Dec 39 19 30%' 4%"/o 27 Jan 38% 37% 18% 26 41% 12 Feb 32 2,000 38% 38% 69% 1023/4 Jan 3/8 Feb 103/8 Jan 37 87%4 1 Chrysler Corp 64% July 10 643/4 Jan 26 10 87% 30% 97% Jun 47% Jun 34% Sep 153/4 Jan 88 25% 22 4 87 V* 70 4% 46% Jan 64% Aug 88 10 Common 38% Jan 8 88 22%. 9.50 29,700 32i/4 88% 88 *18% No par 93 123 30% 16 13 Oct 31% 123 25% 21 27 59' *92% .'■• 123 69% Jan 106% May 20 93 32% 31% 123 29% 913/4 Feb 59% Oct Sep 22 *92% 3-2% 123 88V2 . 93 123 88 25% 37 44% Oct 95 31% 160 1,400 7,200 5% preferred series A __]00 Chicago PneumaticTool.... 8 Chicago Rock Isl & Pac RR__No par Chicago Yellow Cab No par 72% May 20 13 25 *92% 31% 123 . 7 30% 69% Chock Jan Sep 3iy4 123 28,100 , 118% 114 y4 25% 25 Jun 44 373/8 Feb 3.1% 123 6% 112% 29% 69% 32 106% Apr 67 31 Va *122'% *118 7 114% 92 Corp noneum 17 2 130 93 113% 6% 113% 41% Inc.... Western Jun 14 *92% 117% 7 114 29% Co. Western Chickaslia 12 Feb 93 *92 Va- 6% 113 29,y4 Products North 83 63% Aug 11 17% Sep 2 113 41% : series A & 24 Sep 102 l' *6% H2y2 280 com__No par 5% Chic 18% Jun Jan 21 117y2 7 114 92% Chic Milw St Paul & Pac 22 99 44 118 *6% 112% 29 preferred Jan 27 102 117% *117% 40 32% Jun 8 22% 92 A Cincinnati 283/4 Jan 21% Motors 26% Jun 7 22 Vb 41% — Great 5% 33% July 8 71% May 22 32% Jan 22 7 59 Va Oct 21% 117y2 22% 117'% Corp 1.25 Corp __1 Chemway Corp 1 Chesapeake Corp of Va 5 Chesupeukc & Ohio Hy common 25 3%% convertible preferred 100 Chicago & East III Kit com__No par 30 Jan 44 % Jun 7 25 21% 29% Corp Aircraft Checker 8 30 Apr 22% Chemetron 26 9 % Jan 44 22% 22% 42 Champlin Oil & Refining Co Chance Vought, Aircraft Inc 11 243% Jan _ 21,800 , 92 Champion Spark Plug 17% Mar 23 19% Apr 14% Jan _ 22% 73% 41 29% $4.50 preferred _______i 45% May 28 25 y2 Apr 17 42% Jan 9 36% July 21 37 % Apr 17 37% Jan 2 - Pasco Common 13 19 14 Va Dec 71% 40 % Champion Paper & Fibre Co- 28 25 73% ' 40% 92 Co de Cessna 7 Jan Feb 68% - 41% Cerro 5 33% Nov 7 69% .100 Central & South We.sl, Corp... 16% Apr 27 84% July 23 RVa Jan 9 1 68% 40 —50 —... Century Industries Co.. 29 Apr 500 67% 1 Central Vloletta Sugar Co 16 12% Jun 4% May 29 29 % r, Service—T0 15y2Marll 22 52 43 y2 29% 5 68% Apr-15 50% Mar 54 *42% 29% 37% 28% Jan 34y2 July 13 — 43% 29% .20 : 12 2 *42 y2 29% 100 of N J 6 Va Nov 2 43 29% ... Public Co 14% Dec 20 2 55% Feb 41 VB 43; 7 preferred 48% Nov — 34 3 9 11,200 40% 44 100 Illinois Aug 28 28 603% Dec 7,100 4,400 29 40% 32% 91 35% 100 % 65% 32 % 12 240 96 % 35 100 101% 29 31% 104 % Jun 35 99% 43% 39% . 32 17 96'% 34% 101 1914 Sep 4,000 65% 19% 93 20 43% 96 Vb 29% 19 24 43 y4 441/4 18% 9 30% Jun 6,900 44% 40% 64% 18% 32 18% Feb 30 55 y8 39% *76 16 333% Dec 38% Mar 23 35% 35% 100 *5iy2 19 3% Dec 7 7 35% 101% Central Hudson Gas &, F,lec__No par Central Illinois Lgt common No par 77y2 July 24 7 173/8 Mar 21 35% 101 Georgia Ry com__No par 5 % preferred series 11__; 100 Apr 41% Jan 35% 5,700 54% 96 % - , 44 of Jan Jun 97% 102 Shares 17% 55 43% 44Va *96% 17* 17% 54% *29 preferred ser'es A_100 28 Apr 43% 97% TO common preferred 15 22 44% 17% the Week l Agulrre Sugar Co Foundry Co...... Central 44% *96% 35% 10 Corp common preferred — 5% 44% 101% Celotex 3 17% 551/, Friday July 2+ .50 preferred conv 17 55 96'/z 12.50 ... 7 17Va 5=3/ 96% 4.20% preferred ...100 Celanese Corp 0r Amer com__No par 9 16% 541/, ' Sales fw Thursday July 23 July 22 43% __i Co common. 2nd July 21 55 PRICES Tuesday0 W ^WediSfd a*LB . 113% 531/0 ___-5 Corp... /Caterpillar Tractor 31 8 Co.-.. - preferred 6%% . . 9 125% May 13 91% July 16% 5 Products -lilts Oct Aug Steel Carriers & General • Dec 78 i Carrier Corp common... 4%% preferred . 52 723% Mar 19 J. (Philip) Mfg Co .10 % Carolina Clinclifleld & Oliio Ey_100 Carolina Power & Light—_ No par 73% July 24 26% Feb 2 121 Monday July 20 Pat _ Carey < 14 — ? _. 28 14% Apr 101 % Jan ' EXCHANGE -Capital Airlines Inc... • Carborundum Co 19 4«VTan 46y2 Jan 8 19 Jun "31 % Jan 41% Jun 43% Dec 2 13 41% Jan .117 ^ , 23% Apr 10 56% July 15 94 % Apr 103 NEW YORBTSTOCK Highest 16% July 8 37% Feb 10 91% 493/4, 104 47% 82 14% 22 49% *104 47 VA *81 14% *21 Va 50% 104% 47% 82 14% 22 30 10,600 2,200 380 30,700 190 8,300 100 17 18 The Commercial and Financial Chronicle (370) . . Monday, July 27, 1959 . NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS Range for Previous Range Since Year 1958 Lowest Highest Lowest 5 Continental Insurance 5 53% 53% 53% 54% 54% 55 55 55% 55 % 561/4 13% Apr 20 Continental Motors 1 Hi/4 11% 11% 11% 11% 11% 11% 11% 11 1/4 11% 11,400 Dec 22 51 Jun 24 69% Jan 26 Continental Oil of Delaware 5 53% 54% 53% 54% 54% 55% 54 V2 55% 54% 55% 23,700 70% 72% 73 75 74% 75% 75 751% 66% Nov 18% Jan 2 16 % Jan 12 64 Mar ' 14 55% Jan 8 78% Mar 10 Continental 37% Dec 18 36% Jan 2 44% May 22 34% Oct 13 22i/4 juiy 13 33% Mar 17 Cooper-Bessemer Corp Copper Range Co— Copperweld Steel Co common 41 Dec 31 39% Jan 7 491/2 July 50 y2 Jan 20 52 Jan 30 50% Jan Jan 14 82% Dec 31 491/2 Jun 82 Jan 2 52 6 97 33 % Jan 13 55% Nov 14 Feb 10 12% Apr 16 24% Dec 8 20% Jan 7 74% Feb 12 8 19% May 20 52 89% Feb 88 1 Apr 16 20% Aug 2 Aug 89 6 9% Nov 9 13 convertible convertible 1 Corn May 12 24Va Jun 141/4 Apr 51/4 Apr 8 Jan 2 35% Jan 12 3 1 74 10 §1 40 10 28% Jan 3 40% Dec 4 14% Mar 3 20% Nov 28 16% Jan 2 15 37% July 23% Apr 23 Aug 18 29% Dec 10 12 Jan 7 31% Dec 30 29% Jan 3 41% Dec 10 37 »/4 May Jan 11 58% Nov 20 50y4 Jun 9 60% Jan 6 92% Nov 7 101 J/4 Jun 25 90y4 Jun 12 21 15% Feb 20 981/4 Apr 32% Feb Oct 24 33% Sep 25% May 13 27J/2Jan 29 7 1141/4 July 21% Jan 10 19% Jun 26 37% Jan 10% Jun 15 7 y4 Jan 2 15 Dec 3 7 69 J/2 Nov 17 14% Dec 12 39 Dec 18 56 Jan 2 6% Jan Jan 13 8% Apr 29 68i/2 Jan 171/4 Mar 10 10% Jun 13 62 Jan 7 66 14 18% Jun 0 23I/4 Nov 31% Aug 27 2 2 3 5 21% Apr 27i/a Jan 25% Feb 20% Mar 39% Apr 30% Mar 6 37 Aug 0 35 Jan 6 41'/4Apr 8 9 40 y2 Mar 3 63% Nov 10 59% Jan 5 93% July 23 3 61% Dec 18 60 % Feb 9 76 41% Apr S3% Aug 6 87% July 23 91% Feb 14% Nov 18 13% Feb 2 34 Feb 6 49% Mar 18 16 54 % 26 '138% preferred 141 142 85 *84% 86 86 86 *851/4 *87 89 87 Ye 8 7 Va *86% 20 20 20 20% 20 20% 20 20 >/♦ 201/8 11% 11% 11% 11% 11% 11% 12 121/4 3% 3% 3% 3% 3% 471/2 481/2 48% 48% 48% 50% *77% 80% 77% 77% 77% 77% 2 37% 37% 37% 37% 3% 1 25 preferred 91% *91 Va 91% 91 91 i/a 29% 2S% 108% 109% 29 30% 31% 30% 111% 111% 111 % 9% 9% 9% 21 21 % 20% 21 13%.* 14% 13% 14% 71 11 20% 21% 13%- 14 71% *69 71 71 71 14% 35% 500 18,200 12% 12% 12% *64% 64% *64% *22% 12% 12% 12% 12% 12% 12% 64 Va 64% 64 64 *63% 641/4 23 22% 35% 35 35% 39 39% 38% 39 86% 86% 68 'A ' ■ 86 % 68% 68% 70% 17 10 44% 45 YB 45 45 Ye 19,500 38 381/2 37% 38 881/4 93% 91% % X44 72 87% *86 % 18 18% 18 3/8 18 Yb 70,700 463/B 44V2 46 45 YB 46 «/o 17,800 52 52 7 51% 52 Va 51% 52 % *76% 78% *76% 78% *76 3/4 78% 19 88 Jan 28 74 2 81 Feb 27 Preferred 3.75% series B 100 *76 79 *7& 79 *76 79 79 Oct 24 89 15% Jan 2 36% July 15 Dayton 13% Jan 2 19% Nov 26 19 Decca Records 2 54% Nov 11 17% May 12 47% Jan 8 21 % Feb 27% Jan 66% July 10 Deere & 7 30 Va Nov 11 27% Mar 30 33 Delawure 10 12% Dec 1 8% Jun 15 12% Jan 9 Delaware 1 57 % Feb 16 68 % Mar 11 Delaware 25% Dec 31 24% Jan 2 £3% Dec 18 2 36% Apr 21 18% July 20 37% Jan"~2 55 Feb 5 9% Jan 2 41 % Jun Oct 23 56 Jun 30 17% Oct 13 15% Jan 7 63 ^ . 30% May 31 2 2 48% Dec 19% May . x.,„, „ 5 Jan 68 30 46 15 24 29% Mar 26 32% May 21 29% Jun 15 7 19% Nov 21 17% Jan 7 32% Feb 25 11% Jan 35% Sep v. ■ «Mm> 15 6 20 19 17% Jan No par 29% 30 29 Yb 30% 30% 30 29 % 30% 30 30% 4,000 10 10 Va IOVB 10% 103/4 11 Va 10 Ye 11% 10% 11 Ve 26,300 13.50 63 % 63% 63 64 64 64 65 65 65 66 Western & 50 Co 1,400 31% 31% 31 YB 32 Ya 0,200 19% 183/4 ID 18% 18YB 14,800 43 Va 43% 43% 43 % 43% 43% 43% 43% 43 % 43% 11,400 60 60 60 61 59 59 21% 22% 223/4 2334 22% 24 Va 21% 21 21 21 21% 60% 60 603/4 60 34 Inc Edison .20 Detroit Hillsdale & S W RR Co_100 De Diamond 6 Alkali Diamond-Gardner 20 32% Mar 24 $1.50 Diana 27 21% 60 % 61 32 Va *21 60% *59 240 60 22% 21 60 60% 34 Ve 333/4 117,100 23 Va 20 Ye 60% ft 34 Va ... 900 f 4,800 12,700 32% 32% 33% 333/4, 31 31 31 31 31% 31% 31% *30% 31% 400 50c Corp 34 18 Ye 19% 18% 19% 19 19% 19% 19% 19 Ye 19 YB 3,700 .1 31% 31% 31% 31 YB 32% 32% 32 323/4 32 3/8 33% 4,900 2.50 39% 40YB 40 Ve 40% 40 3/8 44% 43% 443/8 42 Ya 43 Ye 14,300 35 35% 35% 35% 35 Ve 35% 35 Ve 35% 35% 35% 4,000 24% 243/4 24% 24Ys 243/4 25 Ve 2434 25 24 % 25 14% 14 14% 14 Ye 14 % 14 % 14% 14% 14 14% 1,800 18 % 18Ye- 19 183/4 19% 2,600 203/8 20% 20 20% 8,200 33,400 com preferred Stores 21% 1 Co 60 20% 21% 10 Co 60 1 15 Corp Vilbiss 25 Com. Divco-Wayne 16 10,500 32 Ye Dr. 31 15,900 65 18 Ye Distillers 19% Dec 5,500 20 Ye 64 % 313/4 12 2 3 4 Ye 20% 65% 19 VB 15 n»/4 Jan 34% 20 Ye 643/4 / , 32 23 4 35% 20 % 65 31 % 17% Jan 12 14% Deo 34% 20 V* 64% 18% 291/4 Jan 11 26% Dec 3 353/8 20 643/B IS % ■36% Jan 35% Nov 2 35 20 % 63% 31 % 32% Mar 24 2 8% Jan 34 YB 19 Ye 64 ... 18% Disney 9% Jan 34% 20% 63'% Lines 24 25% Jan 35 V* 19% 1 > 30% Air 59% Apr 29 34% 50c Hudson 39% July 20 43% Dec 50c Lack Diners' 2 Co Power & Light 42% Mar 13 Jan 14 80 80 Inc C (Delaware) Detroit Steel 19% Feb 78 % *78% 80 20 77% 79 * Detroit 28 37% Feb ' *76% *76 3 Delta May 26 63% July 7,800 52 77 79 *78% Rubber 24V4 July 23 30 Va Jun 25% Jan Apr *78% 51% 77 *76 • 300 series 3.90% 23 7 13' 52 52 100 89 Denv & Rio Grande West RR.No par 15 May 26 47% Mar 13 42% Dec 80 7,300 72 713/4 87% 77% Sep *78% 9,300 931/a 72 .100 80 .72 1,300 17% , *87 17 35% *22% 88 *71" . 88 16% *87 100 34% 88% 86% 16 Vs 88 22% 35% 39 *38% 16% *87 *22% 35 22% 35 '86% 200 22% 35% *22% 22% 35 . 3,800 '13% 65 A 16% Jan 200 72 14% series 46% Feb *70% *34% 3.75% & 72 14% Preferred May 25 31,300 35'/2 14 July 14% 141/4 10 6% Apr 14 *34% Jan 19 141/4 14% Apr Co 5,200 34% 61 2 20% 14% 82 26 Va Jan 790 20% 34% 12 19 1,200 21 14% 25 26 % Dec 25.3G0 10 35% Jun Preferred 31% 111% 10 14%' 74% Jun 9 30% 111% 34% 51 83% Apr 340 14 % 30 30 13,400 91% 9% *70J/2 300 55 *91 31Y<? 13% 15,600 41 54% 36 14 *35% 22 Jun *40 113 ( 20 % Jan common 41 9% 30% 110 9% 10 5 Light 40% 91% 87 & 39% 41 *40 56 % Dec Power 7,300 3,000 91% 107% 100 Dayslrom Inc 600 19% 38% 41 2 Dayton 38% 27 55% 1 common 38 19% 54% *40 42 200 26% 55% 10 preferred series A 2,700 22,7Q0 79 19% 55% 1 Corp 3% 53% 271/4 56% 5 River Mills Inc Dan '•38% 38% 2,900 3% 37'/a *91% —100 Inc 38% 38% ■V 12% 19% 37% 55% *40 9,500 *26% 56% 5 A 26% 41 __10 Inc. 20 100 201/a *76 38% 100 Sugar 19% 26% 200 ; 51% 79 38% 100 pfd—. 20% 27% 3% 5,900 1421% *12 53% 55% preferred noncum 19% 26 3% 511/2 "76 38 20 27% 1411/4 , 41 No par Zellerbach Corp common 5 convertible *37% 19% 27 1 com : 3,300 88 139% 200 18,900 87 89 preferred Press 140% 85 *87 25 of Wheat Corp Petroleum Corp RR 6% 139% 87 89 138% 100 preferred conv 138% *85 "'87 13 78 - 53% Mar 10 16 5,600 47'% 26 75% Nov Jun 100 46% 26 43 % Jan Jun 4,300 52 *93 53% 39% Nov 30 *51 95 53 Cutler-Hammer 18 Ye July 24 28 52 24% 3%% 92 14 47V2 511/4 53% Dana 15 9% Jan 93% 26 Class May 25 83% Jan 46% 95 * 52 93 % 52 Va Cunningham Drug Stores Inc 2.50 Curtis Publishing common 1 $4 prior preferred No par $1.60 prior preferred No par Curtiss—Wright common 1 16 30 52 *91 24% Cuneo 21 Feb 16% Oct 63 J/4 Oct 47% *51% *51 95 28 Cudahy Packing Co common 4%% preferred 4 16% Jan 3 46% 46% 45% 52 53% Cuban-American 14% July 21 20 53% July 24 45% 27 5 y4 % 41% Jan 16 45% *51 52% Cuba 81% Mar 11. 2 12 '/8 Mar 31 33% Jun 12,300 No par Crucible Steel Co of America..12.50 16 17 10,200 22 % 29 $4.20 6 18% Jan 42% 22% 53% $2 2 12 9 41% 23 % 26% Crown 24 15 Jun 106% Jun Dec"31 44 42 22% Crown Cork & Seal common—2.50 July 23 41 7 27 41% 23% 52% 5% 20 43 y2 Apr 42% 23% -*90 (Del) Co Crescent 9 25 y« Jan 41% 23% 1 Cream 15 28% Mar 251/e Jun 42% 23 1 Products 3%% Mar 11 Jun 41 23% 5 Coty International Corp Mar 30 86 41% 50 Crane Co common 85 & \ 9 22 53% July 24 9 Jun Nov 41 23% Corning Glass Works common 5 3%% preferred 100 3%% preferred series of 1947-100 Cosden Petroleum Corp 1 Coty Inc 1 14 Apr 70 —50 Cornell Dubilier Electric Corp July, 24 86 70 5 preferred- 22 15,800 5 preferred 6% 88 2 8% Jan 6 39% Dec 5% ' 3% NOV 11 13 14 Mar 17 142% _ 18% Jan Corp ?0J/2 Jun 11 Feb 85 2 8 Steel 59% Jun 9 84% Feb 102% Dec 30 Mar 11 16 Shares 66 9 3 78 the Week July 24 8 28% Jan lYe Jan Friday July 23 10% Feb 12 4 % May Sales for Thursday 51% July 38% Feb 24 Ve Jan PRICES July 22 12 2 15% Jan SALE Wednesday July 21 30 15 Jan Oct HIGH Tuesday July. 20 Dec Jan 6 85 AND LOW Monday STOCK YORK EXCHANGE 12% Dec 63 44 83 NEW - Jan. 1 Highest (The) Club Inc (Walt) Productions.. Corp-Seagrams —2 Ltd *30% ' Jan 2 Mar 26 8 74% Jan 201/2 Nov 20 43% July 17 19% Jan 6 77% Dec 31 741/4 Jan 46% Oct 9 9 33 Apr 7 16% Jan 3 23% Oct 27 Mar 26 14% Nov 18 2 6'/a Jan 14% NOV 20 39 22 Pepper Dome May 18 Mines Ltd 59% Jan 21 Dover 22% Jan May 14% July 13 Duplan 24 31 202% Feb 9 21 100% Jun 23 80'/a Oct 1 911/4 Apr 28 Coinmon 106 (E I) _ 26 50 11 48% Mar 46 July 25 42 Oct May 12 8 50% July 15 Preferred 17 86% Apr 3 12 26% Jan 12 39% Jun 2 42% Feb 27 $3.75 preferred 41% Jun 25 46% Jan 27 $4.15 .. May 21 43% Apr 22 46% Jan 53 Jan 31 42% Jun 19 47 10 22% Feb 2 27% Jan 2 45% Dec 19 43 % Jan 14 291/8 Jan 2 30 11 33% Jan 8 22 Va Apr 3 30% Aug 14 281% Jun 18 731/2 Jan 3 82% Jun 78 13 31% Apr 4 May 18 24% May 75 7 Apr 16 57 July Cigar Eastern 21 851/2 Jan 23 8 88 3/4 Jun 9 973/a July 22 921% Jun 5 381/2 Jan 2 59 Oct 2 561/4 Jan 6 90 22 % Jan 2 37 Dec 31 363/4 Jan 6 76 Jan 9 83% Jan 15 221/2 Jan 2 83% May 22 371/4 Dec 11 Jan 17 95 141/4 Apr 15 20% Feb 86 Mar 27 90 Mar 30 4 I8V4 Jan 16 36% Jan 7 Jan 2 Oct 31 19 8% Dec 31 26V4 Jan 2 6% Jan 39 Feb 4 7 % Dec 25 34 6% July 20 40% Nov 19 38'/2 Jan 14 2 11% Dec 15 9% Jan 7 27 Jan 2 391/4 Dec 9 29 8 69% May 12 26% May 11 23% Jun 22 25% Apr 38% Apr 30 32% Jan 29 38 80 Jun 18 88 Jan 9 34% Jun 16 40 Mar 5 2 36% Oct 17 6% Jan 2 13 28 2 Nov 11 Mar 26 39 Jan 20 9 Mar 13 15% July 23 40% 40% *40% 42Y4 423/4 *42 44 44% *43% 45 45 *43 V* 50 603/4 Feb 3 551/2 Jan ' 2 70 54% May 29 61% Oct 10 60 Jun 10 25% July 23 11 30 21 Nov 14 1914 Jan 2 13% Jan 3 28 Nov 28 281/2 Jan 2 47 Deo 4 Apr 32% Nov 24 3% Jan 2 13% Jan 2 43% May 3 8% Aug 25 23% Oct 17 13 % 7 19 5/8 Mar 39% Jan 30 Jun 7 page 28. 1,500 *87 88% 39% 39 39% 39% *88% 39% 92 39% *88% 391/2 *88% 1 5 92 28% 49% 29% 50% 31'/4 651/4 10 25 33%' 100 *80 % 37 50 13% *69 Fairchild Engine & Airplane Corp.l 9% 24 7% 1 32 100 *84 92 29% 49% 66% 1S% 24% 33% 81 37% 13% 69% 63 22% 10 24V2 8% 32% 89 *92 79% 52% 29% 49% 6% 6% 46% 9% 31% 66 6% 46% 10% 31% 31% '. 93%v 47 10% 31% 66 -66% 18% 191/4 *24% 24% 6% 10% 18% 24% 29% 49% 46% 10% 6% 46 5 *88% 33% *80 37% 13% 69 " *61 331% common 96% 88% 100 convertible preferred 97% *87 8.50 Co—1 27% ~~ 88% ..4 ; 27 *87 ;_No par preferred series A 80% *92 84 53 *87 3 common 30% 80 2634 80 10 Corp common 30% * 52% .—5 Gas 80% 54% 401/4 30% 80% 79 *92 33% Jan 70 26% 52% 931/2 *32 35 45% 25% 26% 79% Fairbanks Morse & Co No par Fairbanks Whitney Corp com 1 $1.60 convertible preferred 40 29% July 24 *44% 53 *92 9 17 *43 Va 45% 27 76% 10% July 16 33 44 *4434 *26% 44 *52% shares Co. Erie & Pittsburgh RR Co 4% *43% 26% l, 25% July 24 2 see Amer Battery Falstaff Brewing Corp Family Finance Corp % 45 *43% ♦44% 2 ;100 Fairmont Foods Co 44 - 26 44% 45 96% 37% Apr 5 9 90 96% 2 Mar 12 46% 94% 23 96 *45% 95% 28 26% May 46 93% Jan 9 45% 10 21% Jan 23 45 % 26% 22Va 22 46 !•"' % 300 *45 30% 47% 88% Jun 60 441/4 26% 21Ye 10 423/4 '*43% 30% 801/2 30% 46 89 42% 43% 82 2.50 440 42% 26% common 200 9,300 43% 80% __100 *41 243/e 41 '/4 24 VB *41% 40"% 30% 50 1,700 80 Va 44% 55 21% 19% Dec 42 40% 5 5 42 54% 3 13 20,000 101 *43% .44% 40% 1 Mar 41 55 Inc 33 41 40 Corp 10% Jan 41 55 Ex-Cell-O 2 41 40% Evans 3 41 55 Eversharp 7% Jun 256% *79 ' " 5 29% JaD 15,400 101 243/4 26'/a 10 preferred Products 24 Ve 40% 8 9 footnotes - 24% Mar 2 For 25% 25% 30% Mar 12 15% Jan Dec 45' 49% July 2 Ton *43 % 2 22 "• / 24% 100 Equitable Gas Co 5% 3,400 14% 255% \ 24% 45% 15 Jan May 14 11 Sep 11 4 26 YB 12% 13% 80% 24% 2.50 com Corp Emerson Electric Mfg Co Emerson Radio & Phonograph Empire District Electric Co 4% % *45 *61 22% 22 Va Apr 79 Apr 30% Sep May Asn Watch Endicott Johnson 1,000 26% 101 80 51% 1 Kodak Co common— Natural 5,800 *12% • 257 100% *79 80 43 45 25% —5 . 44 45 . Storage 24 Ve 50 Fuel 255% 81 *80 81 24% Inc National Erie RR 14 % 50 Electric & Mus Ind Paso 13 YB 23% Elastic Stop Nut Corp of Amer Electric Auto-Lite Co El 12% 14 50 preferred Elgin 8 8 4%% 26YB —*—12% 13% „5 .50 Products Co Electric Mar 20 7 May Ekco 26YB 123/4 13% 1003/4 preferred 14 24 90 41/4% 26 % 12% 13 Ve 2583/4 preferred 501/4 July 24 13% Jan 26i/4 Jan 441/2 Jan 2 30% Jun 24 2 July 16 9i/4 Jan 48 Va Jan 16y8Deo 2 Jan 31% July 16 51 $3.60 26% 12% 13% 100% Eaton Manufacturing Co. Edison Bros Stores Inc common May 14 2 56% Deo 2 July 21 92 24 10 10 79 41% Jun & 27 12% 256 Eastman May 15 Dec Jan 41/8 Jan 17% Jan 30 July 24 53% July 23 89 Gas 41Va 26% 12 1011/2 common. prior preferred Stainless Steel 4%% Eastern 15,800 258% 10 Airline Eastern 40 Yb 101 Eagle-Plcher Co 9 30% Apr 40 Vb 254 Corp 2 46% Apr 341/4 Jan 40 3/4 27 *26% E Feb 39 Va 101 % preferred DWG 21 40% 41 % 40% 256 preferred $2.10 18,800 39 Ye *80 4% Mar 24 87% 101 . 4.10% 51 24% Nov 253/B 8 6 3/4 .50 Du.quesne Light Co 48i/4 May 26 24 46% 25 88% .No par preferred 14 28 1 preferred 4.20% preferred 14% Jan 45% 25 87 .No par $3,50 series May 22 43%i July 6 441/2 Nov 46% 243/a & Co- Preferred $4.50 series 46% Mar 33 45% 24 Yb 8874 3/4: 251% 7 Jun 40 45% 88 Va 88 13 Inc _ Jan 23Va Jun Sep 44 24 V8 88% 43% 24 88 Ys 40 .... de Nem 262% May 13 443/8 43 Ye 25 87% 12 USA Corp dn Pont Dec 1121/4 Apr —19Ya 4,100 25 43% 5 50c LimiLed 214 4iy4 Sep _ International 10 43 20% Industries Drewrys 29 May* 13 20% 25 Dunhill Sep 47% 18Ya 20 ... 6 172% Apr ~24 18% 20%. No par Co 28% Apr 14% Jan 101 39% Oct 19% 20 Va Corp Chemical Jan 12 183/4 1 Douglas Aircraft Co 17 Dresser ' 18 3/4 Inc Fund Ya No par 271/8 Jun Dow -*!■ .No par Dominick 92% July 15 45% Jan 21 Apr 11 79 1 Corp Co 2OV2 July 23 2 2 Jan 52 y8 May 9 Mar 31 22 64% Apr 32 Sep 22 13% Jun 9% 24% 8 32% "84 1 25Va 25% 24% 1 30% 30% 30 19 24% 33% 33% 81 38 14% 69% 63 22% 801/2 38% 14% 69% 46% *61 22% 22% 46% 34 *33% 22% 10 24% 81/4 321% 9% 241% 8 i/a 32 931/2 86% 53 30 49% 7 \ 47% 10% 32% 66% 19% 24% 34 80% 38% 15 69% 63 29a/4 49% 0% 48 10% 32 65% 18% 24% *54% 40 VB 40% 22,600 30% 80% 28 973/8 931/2 86 53% 88% 40>/8 92 30 Ve 303/8 11,700 30% 51 7 27 Ye 10,100 96 Ye 39,700 *92 93% 843/4 15,600 90 52% 52 Ye *87 40 1,200 88% 41 Ve *88 Ye 6,900 92 283/4 50 50 Ye 4,600 293/4 * 6 Ye 7 12,900 22,400 8,200 49% 50% 10% lOYe 7,900 32% 3 2 Ye 62,700 64% 33% 331/2 80% 38% 14% 69Va *61 81 38% 15V2 69% 22% 22% 47% 22% 47% 33% 33% 9"% 720 79 YB 2 6 Ye 96% 10% 32% 65% 19 24% 22%' 25 79% 55 49% 63 22% 22% 49 34% 1,500 55 40% 653/4 3,200 18 Ve 18% 29,000 ♦24% 24Y4 1,500 333/8 33 % 7,200 ♦80% 81% 160 38 38 1,000 14% 15 86,000 693/4 693/4 ♦61 400 63 22 YB 2334 21Yb 22 Ve 47 48 ♦33 34 11,500 4,100 16,400 1,100 108,400 91/4 9% 9 Ye 9 Ye 24% 25% 25% 25% 5,600 8 Va 18,100 32% 1,700 8% 8 i/a 8% 321/4 31% 31% '84 89 8% 32 *84 89 89 *84 25 25 25% 25 Va 25% 25 25 'A 4,400 30% 30% 30% 30 30% 29 Ye 2 9 Ye 3,700 89 Volume 190-Number 5867 . . . The Commercial and Financial Chronicle (371) NEW YORK STOCK EXCHANGE STOCK RECORD Baaie for Preftoai STOCKS Year 1958 Lowest 43 Range Since Jan. I Highest NEW YORK 49 % Feb 9 64% Mar 13 2 5% Jan 6 Fansteel Metallurgical Corp Fawick 16% Mar 10 10% Apr 22 Va Apr 24 Fedders 47% Feb 21% Jan 63% July 24 29% Mar 9 Federal 17% Dec 32 55 Mar 16 Dec- 18 10 30 18 V\ Apr 29 % Jan 52 Nov 20 56% Jan 26 19 % Jan 22 Jun 27 21 ft May 26 23% Feb 26 29% Jan 57 Dec 30 6 16 66% July 14 25% Jan 19 451/8 July 23 57% Mar 20 24% Aug 21 44 Va Apr 2 8 10% May 2 16% Jan 2 23% Mar 13 50% Feb 17% Jun 30'A Nov 17 27% Jan 8 20% Jan 52 'A Dec 16 45% Feb 4 2 25 24% Mar 14 49% July 29 7 82% Apr 16 100% Sep 26 55% Feb 14 14% July 16 36 % July 16 125% Jan 13 136 Dec 10 104% Jun 5 88 Nov 101% Jan 31 22 28 Firth 86 32% Dec 3 26 July 20 Jan Jun Jun 25% Nov 28 19% May 40% Sep 34 10 5 July 14 Jun 9 89 2 1 2 •4 1 $4.50 5 15 54% July 10 7 27% May 29 24 43 Mar 93 17% Dec 31 88 July 9 26% July 14 13% July 20 46% Dec 18 40 Feb 9 52% Jun 29 180% Dec 24 170 Feb 96 Mar 17 35% Dec 31 27 Jan 2 Nov 10 35% Apr 37% Jan 7 15 2 801/2 July 10 Jan 2 22 21% Jan 25% Feb 25 8% Jan 2 33% Feb 9 6% Jun 25 14% Jan 27% July 29 5 2 20% Jan Dec" 18 18% Jan 28 70 9% Jan 54 19% Jun 39 Yo Oct 14 19 14% Sep 24 15% Dec 22 2 10% Jan Nov Dec 24 69% Jan 2 5 13 49% May 12 12% Jan 21 19% Feb 37% Apr 20 22 28% July 14 Feb 26 Foote 45% 45 45% 22% *22 22% 28% 29 29 29% 44% 45 9.000 - / • 4,100 19% 19% 19'A 19 19% 19% 19% 2,600 41% 43 44% 44 45'/a 43% 44% 16,400 49% 50 Va 50 49% 50% 49% 50% 49% 49% 10 14% 37% 15% 50% 15'A 38% *22 63% 64% 16 15% 37% 63% 37% 15'A 37% 146% 147 146 104 104 "103 147% 147 147% 103% '103 104% ♦22 64 66'A 15%, 15% .37 r 22% 64 37% 147 ' " 6.25 1'47%' 9,700 15% 3,600 10,300 :147 147 %' *103 104'A *103 / I 37% 37% • 6,300 104% 4,500 20 . 64% 6574 65% 65% 64% 65% 64% 64% 64'A 65 24% 2474 25 25% 25'% 25% 25 25'A 24% 25 25,200 12% 12% 12 12'% 11% 12% 11% 12 5 11% 12% 11,000 37 37% 37 37'% 38% 38% 39 39% 39'A *87 39% 87'% *37 87'% 87% *87 89 87 87 pfd 100 8c Inc Chem convertible 105% 7 _2.50 30 106 105'% 30% > i 105% 29%"' 30% *87 105% 107 29% 14,300 20 107% 1,430 , 30 29% 30'% 2974 2974 12,500 52 % 53% 53 53% 53'/a 53% 5374 53% 52% 53 14,000 22 % 22% 22% 22% 22% 22% 22 22% 21% 22 3,700 36'A 36% 35 35'% 35 35% 7,700 15 35% 36% 35 35% 88 26-"% 27 2G% 27% 27% 27% 2774 28 27% 13'/a 27% 6,100 10 Corp 88 1 13% 13% 13% 13% 13% 1374 13% 13% 1374 1,700 48 49% 49 49% 49'A 49% 4974 49% 10 preferred *88 200 -^200 100 87% 1 *190 90 — > *88 90 *190 — Ford Motor Co Foremost Dairies Inc *88 , *88 90 87% 87% 87% 87% 29% 30 'A 30% 30% 32 73% 75% 74 75% 77 *87 10 90 50 51 *190 *190 87% 30 % 2 Co 17,100 20 . 88% 87% 87% 31'% 33 31% ' 33 13,600 77% 7774 78% 77% 7874 77,000 20'/a 20 20'% 20 34% 3474 3574 36% *7% 774 *774 38% 7% 70 20 20% 20 20% 20 10 23 % 33% 33% 33% 33% No par 8% 8% 7A 7% *7% 1 Foster-Wheeler Corp Francisco Sugar Co 16 V2 16% 16% 16% 16% 17'A 17 17 16% 29 1674 29% 29% 29% 28% 29% 28'% 2874 28% 2874 24,400 27'A 27% 26% 27% 2674 27'% 2674 61,000 *70% 71% *70% 71% 71% 10 Franklin Stores Corp.. __Io Co Fruehauf Trailer Co 4% preferred 107'A . 1 100 Sulphur 197%, 4,400 No pa/ 5 Mineral 107 A :•}■ .—2.50 common preferred Freeport 28% 45% 45% No par 2nd A Stores Mach 3%% 3%% 4S% Mar 77 Food 6 28% 28% 41'A common Power Corp Florida Power 8c Light Co WW Ltd Mar 11 46 2,800 • 19'/a $4.20' divld pfd ser of '51 Food Giant Markets Inc 4% convertible preferred July 63% 2 8 95 63 5 2 212 63 Va No par Jan 16 1 62 41 _ 35% Jan 17% Jan 2 4,500 11,400 64% Florida Fair 8% 18% 64 100 Food 87 July 10 29% July 16 50% Jan 2 July Co 8% 18% 62 >: 64% 19% Inc preferred conv 8% 18% 62 18'A 64 com 9 52% Aug 11 50% Dec 31 95 Flintkote Feb 117% Jun 31% Mar Lines Rubber Corp Co Carpet 28'A 9,000 8% 18% 3 8% 58'A 22% 1 Firstamerica 13% Apr 441/4 Jun 57% *22 —No par 4%% preferred First National Stores 80% Jan 104 2 Coach 8c 57 22% 1 Firestone Tire 56 *22 10 Fiberboard Paper Prod Fifth Avenue Filtrol Corp Shares 1 9 61% 61% 45% 5 8% Sales for the Week July 24 25 Fenestra Inc Ferro Corp 26% Jun 60'A 57 . July 28 , ... ■/•«' 54% , Friday 18% . 28 1 PRICES Thursday ... —"sTso Dept Stores 5 4 2 89 preferred 14 16 30 100 Federal Pacific Electric Co Federal Paper Board Co common 26 43 35% Oct July 20 19 9% Jan Jun 17 Apr 3 33% July 18 Jan 104 18% 20% Jan 94 29 7% Jan 16 Mar 11 Corp "————ITl Mogul Bower Bearings 5 8% 60% Jun 112% Dec 3 12% Jan 447/aJan 151 53% 9% 12 37 87 12 54 % 8% 4.60% SALE July 22 53'A Federated HIGH Wednesday July 21 5 10% Sep 29 25 6% Mar 10 Oct 19% Jan ND Tuesday July 20 "2 _ Corp 22% Nov 21 15 y4 Apr 28 6 LOW Monday Par 6% Dec 7 85% Dec 107% Dec STOCK EXCHANGE 13 11% Jan 16% Apr 38% Apr » - * Highest Oct 55 May 19 3% Apr Lowest — 1 27% 2774 100 70% 70'% j 22% 5 common - - r 20% '■ 7% 26% 17,200 17,800 600 2,000 v 71 %• *71 22% 23% oca 22% 2574' 2674 25% 26 49 49 600 *71 G T 14% Dec Jan 8% Jan 48 July 20% Jan 35 Dec 32 12% Jan 17% Nov 17 40% Jan Jan 27 17 Jan 51 % Dec 45% Dec 3% Jan 28 16% Jan 2 45% Jan 12 33 May 11 31 27 Jun 9 26% July 23 51% Mar 17 391/4 Jan 27 4 46 Jan 19 56% May 21 2 38 Feb 9 9 7% Oct 22 5% Jan 7 50% Jun 8 11 Mar 24% Jan 34 Oct 22 3J % Jan 8 17"% Nov 12 17'% Jan 5 5% Apr 13 5% 3% Jan 7% Nov 20 52% Apr 26% Jan 67% Nov 26 42 Apr 9 36% Dec 15 8 22 %• 26% 22% 2374 25'A 25% 26% 25 % 2674 49'% 49% 49 49 49 49 30'% 31 30 30'% 30 30 '/a 30 30 29% 30 2.10Q 51 51% 51-%" 52 52 52 52 52 *51% 52 1,400 43% 44% 43% 44% 43% 44'% 44% common preferred Co Gardner-Denver Garrett Corp 23% 25 50 No par convertible Gamewell Co 5 2 — Gar 19 % Mar Co Gamble-Skogmo Inc 371/2 Jan 14% Jan Gabriel Wood 4%% Industries Inc 6'% 6'A 6'4 6'% *31% 33'% *31'% 1 177% 33'% 18'% 1 preferred General Acceptance 6% Corp General Feb 64% Jan 1 50 com convertible American Indus com Oct 6% convertible preferred General American Investors $4.50 preferred .50 9% Jan 125 Jan 8 30 % Apr 43% Dec 75 93% Jun 27 Jan 11 38% Mar 26 75% J.un 25% May 7% Nov ~9% Nov~To 7 14 Apr 10 29% Dec 55 Apr 29 57 7% Feb 26 May 19 10% Mar 25 42V2 Apr 45% May 11 84 27 % 27% 21 Va 28 2774 28'% 2774 28 Va 27'A 2774 7,900 62'% 63'A 61'% 61% 62'% 63 60% 63% 61'A 62 7,900 1274 4,700 74% Feb 6 40 74% Feb 9 98 4% Jan 2 22% Dec 18 16% Feb 9 38% May 60% Jan 2 89% Dec 30 88% Jan 5 117 Jun 3 104 52 Nov 6 45 2 Jun Corp 9 17 Mar 25 5 Gen 84% Apx_21 May 21 July 9 Cigar Contract General Finance 27 8 General Instrument 120% May 25 General Mills Mar 3 5% 58% July 7 General 112% Mar 4 114 Outdoor Portland 45% May 11 General 31% Jan 28 29% Jan 2 52 Va Feb 52% Jan 15 15% Jan 38% 87 Mar $5 17% Jan 3 28% Sep 16 25% Jan 2 31 8% 4,800 33% 34 35 34'% 3574 33% 34% 33% 34 51 51% 51% 5174 51% 52% 51% 52'/a 51% 51% 7,600 51,000 54,200 31% 80% 81% 81 81% 8074 80 74 8 l3/8 33'A 32'% 32 74 32% 32% *32% 33 *32% 33'A 91'% 92 74 92 93'% 94'% 95'% 9474 96 93% 95 6,100 27% 28'% 27'% 28'% 28 287« 2774 28 '/a 27% 28 13,800 105'A 106'A 106'% 109 109'% 110 107 107 106'% 106% 106%. 107% 5574 56% 1% 53% 55'A 53% 55 *104% 105'A 104% 105 *82% 15 83 105 56 105 83 108 106% 104% - 81'% 109% 108% 106% 107 5,300 109% 470 10674 5674 56% 105'% 105'A 57% 105% 82% 82% 140,400 1,700 4874 46% 46% 46% 46% 800 40'% 41% 3974 40% 17,600 Corp 1 40'% 40 74 40 4074 40% 40% 4074 4074 40% 4074 13,800 No par *32 'A 33 % 33'% *32'% 33% 32'% 32% *32'A No par *59 59% 59 59 *59% 5974 59% 5974 59 60'% 59 60 58'% 59% 5874 59'% 59% $3 convertible preferred preference No par 60'% 10c 1 *82'% % *32'% 83 83 50 2 General 5% 5'A 5'/a 5'% 5'% 2474 25'A 24% 25'% 2474 25 2474 25 24% 35% 35'% 35 74 35% 3574 3574 37% 36'A 37% Refractories May 22 General Steel 2,000 25 35'% Realty & Utilities General 500 59% 59% 2.50 Corp 7 30Q 33 __6.67 Utilities 500 41'% Railway Signal Jan 190 2,000 8 Va 46'% Public 62% July J Ni 80% Public Service.: 21 3% 27% 83 General 2 8'% 83 27% 40% General 7 4,200 *80% . 83 General 12% July 42% 2774 46% 41% 39% Feb 46% Jan 42 8074 27% 39% 26 4 41% 8074 46% 27 30 4174 — 40 26 24% Sep 4,500 46'A $1.60 47% Dec 3 36% 39 $2.98 13 35% 46'A May 25 60% May 6 32% Jan 3774 1 60% July 20 5% Jan 15 18 2,000 37 52% No par 37 July 10 .8 120 974 150 % Co Cement 2 Jan 8'% 151 % 9'A 150 9% 33 % Advertising Equipt preferred conv 8 - 1274 v 9% 150 No par preferred conv 8 60 1 Preferred $3.75 series 3 8 1,600 1 33 Dec'lS 8 '/a Corp 58% July 22 5% Jun 16 6 20 2774 100 34% 1 24% Jun 21 Va Apr Oct 81 27'% 1274 45% 94 No par Precision 20 6 42 81 27% No par General 7 41% 82 27-% 100 General 2 42'% 82 27% Motors Corp common 52 Apr 24 43% May 25 31% Feb 24 Jan 41% 83 preferred 4 May 26 4 42 27% , common 7 41 44% Jan 41'% *80% Corp__; 8 Jan 3774 „2 Corp 42 % Jan Aug 25 27 37'% Co Finance 80% Jun May 38% 12% 34'A *93 % 5 Electric 19 Dec 37% 12% 152 *42% 94 5 _ Foods 23 44 39'% Corp General 103% Jun 6 37% 1 General 117% Jan 16 92% Jtn 22 Aug 29 Jan 974 Inc__ Co 37 83 34 12% 9% *93 151'% 9'% No par com Dynamics Corp 30% Jan 6 12% 151'% 9% Controls Co 2 19 1274 150'% 9% 1st preferred General 50% July 16 31 Sep Cable 4% 12% 150'% 9'% 5 General 19 29 79% Dec 33% Jan General 12»% 151'% Corp 66% Jan 67% Nov 34% Dec 105% Oct Bronze 39% Mar 18 8 105 5 2 100 General General 94 No par Corp 28 24 2 Jan Texas common 5 13 Apr 19% Jan Co com preferred Bancshares Mar 17 79% Dec 48 10 $8 General 29% May 27 9% Jan 2 8 18 Jan 153 4,400 34'% Baking 9 9 3474 100 2,000 18% 674 45'% 5 28 45% 3474 674 34'% Transportation—1.25 Jan *42% 18 *93'% Oil 7% Feb 6% *42'% Amer 34y4 Jun 6% 93'% Amer 138 6% 34% General 5 6% 45'% General Aug 25 9% Nov 7 6% 5,200 93'% General 38% Nov 18'% 17% 6% 5,00Q 674 33 34'% 14% Jan 141 18 1774 6% 44% *42'% 67% Mar 11 Dec 19% Jan 6% *32% 94 9 of 43% 6% 44% 16 Co 44% 33 34'% 121/8 Jun 22 6% 33 34 7 Jan 674 33 44% 39 36% Feb 13,700 *93 July 15 27% July 21 96i/2 Jan 67% *32 ' 1 93 9 102 25 18 74 49 100 31% Jun 18 14% Nov 15 11 Apr 40% Sep 51 % Feb 94 24% Feb 18 5,300 22% ' *48% 10c 5% 5% 5'A 20,000 574 21,300 7,600 13'% 13% 13'% 13 13 13 13 13 13 1,400 60 59% 6074 59'% 60 60 Va 60% 60 62 6,300 28% 28% 28 % 28'% 2774 2874 28% 29% 29% 29% 5,500 28% —1 13% 59 10 Castings Corp 5% 28% 28 28 *27% 29 2674 ' ■ 1' .•'• General 23 Feb Jan Nov 11 27% Sep 4 28 14 25 2 2 29% Feb 3 $1.32 24 29% Feb 13 $1.30 preferred 7 $1.30 preferred 34% Feb 78% July 24 35 Dec~31 26% July 60 Jan" "2 Jan 22'A Apr 7 50'A Dec 16 83 Feb 3 90 % Aug 1 90 129 Apr 29 258 104% May 28 Jan 79 12 Feb 44 % Jan 275 Dec 15 Jan 2 91 Sep 9 2 99 Dec 4 98- 2 27% Dec 29 27 Jan May 8 92% Mar 26 Jan 20'A Jan 83 90% Jan 84% Jan 415 Apr 99% Mar 104 3 Tele General Time General Tire 28% Jan 7 Gillette 7 39'A Dec 10 36% Jan 8 53% May 48% July 8 Glmbel 89'A Jan 21 27 96 % Apr 1 16 94% May 21 24'/a Dec 22 921/2 Jan 15 % Apr 7 27% Jan 8 13% Apr 29 2% Jan 157%Jan 16 175 7 22 3% Jan ~3% May"l5 2 ■ Jan 21% Jun 12 172 July 10 Jan 9 53% May 19 81% Dec 29 76% Jan 14 12 124% Dec 30 117% Jan 7 69 Feb 30 Jan 2 39 'A Nov 41 Jan 2 49% July 31 1 Jan 2 3 Va Dec 3 3 4% Jan 8% 9 Oct" 13 <8% il % Jan 15 '*< Oct 41 Dec 2 38% Jan. 88 July 8 74 5% Jan 3 Dec 17 Brewing Co Gold 8c Stock Telegraph Co 1 261/2 Jan 2 451/8 July 1 49"%, Jan 8 Goodrich Co 2 Goodyear Tire & Rubber Feb 19 4 May 28 Mar 17 Gould-National Grace & Gt 5 Great Northern 18 Great 31% Dec 4 29 26% July 21 47% Feb 14% Jan 2 19% Dec 11 17% Jan 24% May 29 80% Jun 9 87 Apr 26% Dec 17 85% 4 22% Jan 2 10% Jan 10 51/2 Jun 16 141 % May 8 5 7% Iron Western For footnotes see page 26. 88% Jan 20 Ore Ry *395 440 96 *96 ~50 90 97 60 10174 10174 36 35'% 35% 35'% 35% 34% 3474 34 34% 6,200 48% 50'A 49% 51% 49% 50% 50 Va 51% 5074 51% 53,900 58% 58% 58'% 58% 58'% 58'% 57'% 58% *56% 56% 21% 22% 21% 227-4 21% 2274 21% 22 21% 2174 50% 51% 50'% 5174 51% 52 5174 52% 5174 52% 10,100 47 46% 47'A 3,600 5 45'% 45% 45 45% 45% 96% *95 96'% *95% 97% 23% 23% 23% 2274 45% *45 96'A *95 23'A 23'A 23 123 22'% *95 *10174 *95 102 ,1.700 17,100 , 96 2,800 2C % 27 25'4 2674 25 2574 25 2674 25% 23% 26% _10 48% 49 48% 4974 49'% 4974 49% 4974 4974 4974 9.100 22 'A 22 'A 2174 22 'A 21% 22 21% 21% 21'A 3% 3% 3% 3% 374 37a 3% 3% 2174 3% 5,200 197 200 *180'% *180'% 96'% 147 1874 39 39'% .39% 52'A 53 'A 517% 527% 2% 9% 274 2% 274 .4 _ 1 10 96% 96'% 142 9% 9% 99 145'% 974 3% 230 *180% 230 *180% 127,000 1,700 150 230 96 9774 95% 96% 95'A 96% 11,200 142 143% 141% 144% 142% 143'A 11,300 39% 39% 39% 40 52 74 39% 51% 39% 51'% 52 3 4 50%. 52% 10,800 74 27a 274 2% 274 3% 50,800 10% 4,900 13.900 2 9% 10 9% 10 10 1,600 Sugar com Green (H L) Co Inc Greyhound Corp common issued 4'A% 5 *7% 7 % 7'% 8% 7% 8% 774 8% 8% 35% 3574 3574 3674 36% 37% 37% 37'% 37 Va 12.50 74'% 76 74 76'% 7574 76%' 76% 77 76% 8'A 37% 77% 45% 46'A 46% 467% 46 4674 4574 46% 45% 46 *78'% 80 80 1 Co__1 15% 16 15% 16'A 1574 16 15% 1574 14% 15% 21,500 41'% 42 'a 41'% 42'% 42% 4374 42% 43 'A 42% 42% 27,900 30% 30% preferred 80 79 * ' 80 78% 78% 78 5.500 5.100 5,000 Va 310 78 30% 30% 30 34 *30% 30% 4.100 49% 50'A 49'% 50% 50 30% 50% 30% 25 49% 50'A 49'A 50% 5.400 No pai 53% 54 53% 54% 54% 55 547a 55 54% 5474 No par 100 30'4 - 2674 23% 26% 135'A 135'% 135% 1 26% 3 x22 *21% *87 3 100 Grumman Aircraft Eng Corp 1 10 Guantanamo Sugar 1 16 430 96 102% 30% Mar 30 Jan *390 97 96 102'% Prop_No par Co preferred When Jan~28 Tea Northern Paper Co Great 39% Dec 17% Mar 20 7% Dec 16 Pacific 2 146% Jun 2 Atlantic 27 2 30 common 59% Apr 30% Feb 2 430 97 10374 100 * 31% July 54% Jan 2 *390 *95% 10374 5 Steel Great 22'A Jan 409 20,000 95 5 Co (W T) Co Northern 91 75% *85 409 97 9,700 89 74% 95 *102'% 1 3%% preferred Grayson-Robinsen Stores 4 6, 76% *85 145'% Batteries Inc.! 16% July 17 84% Mar 9174 7474 95 10 (W R) 8c Co Union 90% *85 No par (B F) 55% Jan ,'li20% Jan 131% Jan 25%. Mar 23 7574 100 Grant 12 92% 747 a 75% 95 1 : . 48 10 Jun Goebel Inc 2 Oct 89% 72% *85 5 —_——7— Co Globe-Wernicke Granite City 7 135 . 77% July 24 26 88'% No par 7 8% Jan 12 common Grand 39% Jun 31 17 Apr 30 2 30% Jan Brothers $4.50 preferred 10% Mar 18 15 Dec Co„ - 37% July 22 11 59 87 73% 1 Co Co 15 22 88'A 72'A *2574 4 Products Oil Graham-Paige Corp common— 6% conv preferred Granby Mining Co Ltd 61 Sep 51% Nov 24 Apr 9% Dec Jun 87% *27'% 10 Corp 1 July 11 3 Getty — 154 5 28 Gerber Inc 103% Jun 4 May 46 July 20 54% July 15 56 22 200 40% Feb 62'A Nov 20 Jaii" 31 24% May 20 4% Jan 28 1 Jun 131,200 Glidden 27 2 6% July 14 78% 29% July 13 27 32 77% 50% Jan 42% Apr 2% Jan 8% May " 78% Gladding McBean 8c Co 5 Glen Alden Corp ex distribution—1 351/4 Jan — 76% 80c 44% Mar 18 44 76% 35'% 201/2 Jun 23 5 7474 1 15 Dec 75'% 409 14 47 72% *95% 30'A Oct 9 7274 *102'% 49'A Oct Apr 70% *380 3 28 1,000 100 3 217/8 July 26% 100 10 ' 26% 100 33'A Apr •21% Jan 23 26 83 %c com preference 44% Jan Mar 30 70 26 5'%% Georgia-Pacific 71 2674 2574 95 24 23 *2574 25% *85 j'23 % Jan Jun 26% 2574 100 Genesco 54% Apr *25% x25% preferred 4%% conv preference $5 preference 28 17 26% 26'A *26 10 Rub 140 *27'% x26% 26'A 10 Corp 8c 29 29 26% .25 B) 4'A % 36% Apr _ 25 25 (series Electronics 8c 26 53 Dec~29 28 Genl preferred Jan 40% Jun 64% Telephone Co of Florida— Jan 26% Jun 27 25% Apr 28 16% ' ■ • 25'A *6 26% 136 27 26% 2674 26% ♦1357a 136'% *135% 136 % 2674 136 2 7'A 136 27 26'4 2674 26 Va 26% 2674 2674 26% 2674 22% 2174 22 74 21% 22% 21% 22 2174 22 22% *21% 22 74 *21'% 89 *87 89 *37 25% 6'% 25% *6 25'% 6'% 25% 6 22'% *21% 22% *21% *87 88 '/a *87 25 25% 80 14,200 9,100 88% 2574 " 2274 89 7,200 3,800 " 25% 6 25% *6 6% 5% 6 7,100 400 IS and Financial Chronicle The Commercial 20 . . . (372) Monday, July 27, 1959 NEW YORK STOCK EXCHANGE STOCK RECORD lw»nge Since Jan. 1 Year 1958 U May Mar 28 % Nov 17 75% D«c 22 129 Dec 16 9 82 5 101 Feb 25 25% Jan 6 24 Sep Oct May 29 96 19 30 102 % July 14 10 100 July 21 109 preferred.. 9 Gulf Oil Corp 25, - 110% 28'A "76'% 109 ; Common 23% 29 29 *76% 78 109 110 28% 78 110% Friday 108% Shares 29 29 78 109% *76 the Week July 24 Thursday July 23 29% *76 78 108% 2,300 -i- 1097% 24,600 307% 9,700 • 30% *84 87% *89 No par .... 48% Mar 31 Hackensack Water 58 Apr 25% J an 1 71% May 19 Halliburton Oil Well Cementing 5 29% May 22 Hall (W F) Printing Co... May 25 99% Jun V 29 78 Utilities Co— 44% Feb 20 100 9 Apr 28% *76% 110% par No par 3 91 May $5 89% Apr 13 94 Jan 9 91 Apr 9 104% Mar 3 105'% Mar 4 87% July 20 1 Jun 25 31% July 9 Jun 83 13 #5% Jan 99% Sep Gulf Mobile & Ohio RR com.No Gulf States 23 84 90 79 Wednesday July 22 Tuesday July 21 Monday July 20 Par EXCHANGE 30% Feb 17 July 13 127% Jan 22 2 71% Mar 107% Jun NEW YORK STOCK Highest Lowest Highest Sales for LOW AND HIGH SALE rRICES STOCKS Eange for Previous Lowest $4.20 dividend preferred 100 *4.40 dividend preferred' 100 $4.44 dividend preferred-——100 $5 dividend preferred—.: 100 $5.08 dividend preferred 100 *100 *101% 30% 307a *83 84% 88% 88% *89 91 101 101% *101% 103 30% 83 '88 30% 84 88'% *89 V 91 *100., 101'% *101'% 103 30% 85 88'% 91 101% 103 - 30% 30% 30% *83 84'% *88 89% *89 91 *101 102 *101% 103 *83 84'% 60 *88% 89% 190 *89 91 *101 102 *101% 103 "30 H 39V* Jan 49 % Apr 20 Jan x 7 2 47% July 3 69 Aug 14 29% Nov 18 * 21 13% May 20 24% Dec 8 70 Dec 8 Jan 2 99 21% Jan 2 33% Sep 26% Jan Jan 13 Nov 10 23 Apr 7 30 Jan 20% Apr 22% Jan 20 3% Jan 9 28% Jan 41 2 30 123 26 «Nov 19 6 10 47% Dec Mar 17 140 30 Feb 6 19" 39 '/a Jan 5 88 July 23 Hamilton Watch Co 105 20 % Mar 31 28'/a Jun July 22 65 Vs May 132 52% May 44% Jt»n 5 2 6'/a Feb 34 Mar 3 Jan 48 July 15 30% Jan 1 13 44% Dec 30 38 29 29% Nov 14 36'/a Nov 18 34 Apr 17 7% Jan 16 12% Apr Doc 22 36% Jun 9 39% Apr 22% Apr 25 12% July 14 51 % Dec 31 52% Jan 2 15% Nov 17 12% Jun 19 43% Jan 2 67 Nov 10 64% Jan 2 83% Oct 7 Jun 25 9% Dec 38 6 59% July 2 Jan 13 44% Feb 6 13 20 90'A May 5 84 12 27% Apr 14 34 8 30% Apr 16 34% May 11 32% Jan 2 38 Jun 27 33% July 14 37% Mar 13 19% Nov 10 16% Jan 25% Jun Nov 20 50 61 38% May 1 107% Oct 31 118 v 7 Jan 24 2 118% Apr 3 Apr 70% Nov 23 63% Jan 19 66 Jan 35% Dec 31 36% Dec 31 34 Jan 26% Jan 14 35% Nov 20 11% Jan 13 15% Sep 29 Jan 117 60 Jan 7 74 Jan 2 74% May 29 88% Nov 28 16% Jan 2 33% Dec 19 9% Jan 10 15% Dec 31 3 72% July 21 19 108% Jun July 16 80 July 16 9 46% Apr ~9% Jan Hercules Powder 5% preferred Hershey Chocolate 40% July 2 14% July 22 21 Jan 2 17 37 May 21 Jan 5 31% Jan 7 9 41% Dec 3 37% Jun 17 41 Feb 12 13 39% Sep 16 30% Apr 28 74 Va Dec 29 84 Jun 6 73% Jun 25 37'A Jan 80'A Mar 90 Jun 6 12 85V2 Mar 6 96% Jan 30 75 Jan 22 16% Jan 26 81 Dec 1 92 2 2 37% 22% 38% 8.100 42,000 71 109 109 110 Hilton Hotels Corp Hires Co (Charles E)—_ 5% 8% Jan 22 15% Dec 18 39% 39% 39% -15% 15% 15%' 14% 32 % 31% 33 32% 15 33% 5% Jan 40% Apr 10 14% Dec 30 13% Jan 8 27 July 13 Howe 14 63 Oct 13 53% Jun 24 66 Mar 17 Hudson 13% Jan 27 20% Nov 17 18 Jan 5 23% May 18 93 2 5% Jan 7 20% Jan 2 38% Dec 3 35 Jun 25 8% July 22 38% Jan 29 13% Jan 2 24 % Dec 1 19% Apr 22 23% July M% Feb 11 50 Dec 88% Jan 13 50% Dec~31 31 42% Mar 18 30% Jan 89% Jan 2 41 Oct 13 42 Oct 3 47 46 Apr 31 35 Jun 40 Jun 15 9 42 July Inc preferred series A Hupp Corp Jan Apr 17 Ideal 21 Illinois Central RR Co 12 41% Mar 23 Cement Illinois Power Jan 2 101 Nov May 27 162 July 18 15% Jan 2 22% Jan 13 86 Oct"! 18% Jun 5 "43 20 Oct" 13 29% Dec 12 21% Apr 95% Jan Jun Dec 30 26% Sep 30 1 May 7 163 May 6 8 55 July 6 S A De ; — Industrial Rayon Ingersoll-Rand common 6% 7 July 16 16% Nov 7 71 13 136 32% July 14 40 25 41% Oct 11 Feb Dec 4 Inland Steel 13 18 May 7 30 2 6 Jan . 31 % July 7 488 May 29 57% July 10 153'A Jan 14 35% Apr 79 12% Jan 19 May 127 94 11% Apr 58% Apr 69 2 4 July 21 Mar 12 July 24 Jan 16% Jan Mar 20 30 July 21 27'A Jun 105 88'A Jun 33% Jan Jun 28 2 23 172% July 15 37 Corp preferred 4%% Interlake Iron Jan 2 35% Oct 6 81% Jan 3 33% Oct 17 Int'l Business Int'l Harvester 7% 22 May 28 13% Jan 2 33% Dec 19 Dec 2 31 4% International Paper $4 preferred Int'l 28% Feb 9 37 17% Jun 9 July 10 19% Mar 35% Aug 7 33,% Jun 15 38 38% Jun 10 36 % Jun 19 34% July 16 44% Nov 19 33% Jun 9 40% Apr 37% Jan 126% July 24 42% Oct 28 15Mi Jan 2 19Mi Feb 25 26% Sep 33% Oct t2 90% May 12 Jan 15 £% Dec~23 3 37 88 15 Jan 23 20 7 28 86 Jun 4 57 Jun 26 88 82 31 50% Jun 23 52% Dec 56% Dec 31 49 y# Feb 9 61 30 59% Jan 2 38 May 22 see page 26 92% 8% 92% 7% 37% 92 % *92 93 92 92 210 288,00Q 2,000 3,000 7 97 8 46% Mar 24 2 7% 48 48% 48'A 47% 47 47% 46% 47 35% 35% 35% 35% 35% 35% 36% 36 % 37 47% 47 48 47% 48 47 '/a 48% 46% 47% 11,400 38'A 7,900 37 22 , 21% x47 8% 37% 22% 37% 21% 38% 7% *37% 21% 8% 37% 21% 7% 58 46 *42 42 7a 38 38% 38 23 42% *42 42% 50 48 43 *47 48 2,100 45 45 45 140 46% *45 46% 45 *42 42% *42 42% *42 42% *42% 38% 38% 38% 38% 38 % 38 38'a 37% 8% 8 "A *8'% 8% 8% 8% 8% 8% , 90 43 *45 % *41% . 43% 28% 29% 29 97% *149 29 29% 98% 153 98'A *149 39% 39 'A *30% 31.% 38% 31% *30% *89 28% 35 34% 35 35 91 34% 89 89 *88 28% 28% 433 443 439 29% 29% 439 434 52% 51% 39 39 % 31% 39% 39 % *30% "149 153 51% 52 % 51'A 51% *149 97% 98% 98% 99 26% 29% 29% 29% 153 51'A 50 % 8% 4 1,400 8 V4 2,300 28% 33,700 37 3 39% 98 % 52% 39% 39% 31% 29% 29% 35% 35 35% 35% 36 90 88 89 88 89 *30% 29% 30 435 439 *30% 30 437% 434% 4,300 153 14,900 5,200 600 6,700 1.50 31% 1,800 436 28,200 55 34,100 52% 547 a 54% 55% 54% 55% 54'% 144% 145 »/4 145 'A 145% 145% 146% 145% 146% 1,320 31% 32% 31% 31% 31% 31% 31% 32 % 32'4 32 % 7,600 78 78 78% 79 80 79 79 7.50 54 26% 26% 26% 101 % 103% 102% 16% 17'A 16% 17'/a 126% 90% 125% 126% 90'A 90% 12'A 12'A 11% 11 % 59% 60% 59% 60 12 'A *60% *90 61 165 168 166 168 *166 6,200 21,800 17% 18 26,000 125% 127 15,200 11% 90% 12 160 500 23 % 104 17% 90% 500 11 % 12% *591% 60 % 1,100 240 91 * 60% *59% 171 103 80 125% 91 ' 23% 104% 17 125% *78'A 25 24 103% a 125% *11% No par 26% 104 5 17% 100 common 103% 125% No par Shoe 24% 26% 105 16% 90% t *79 125'A *90 161 161 1,000 161 35% 35% 35'% 35% 35 % 35% 35% 35% 35% 353a 3,700 44 .No par 25 % 44 44 % 46% 46 47% 46% 47 46 467-8 11,100 33 *32% 33 'A * *32% 32 7 25 *32 »/# 32 % 33 Telep & Teleg.No par International Utilities Corp 5 Interstate Dept Stores 1 36% 37'% 37% 38'A 38 Va 39 38% 39% 38% 39% 36 36% 37% 38% 37'A 38% 37% 37 7 8 37% 38% 35% 35% X35'A 35% 35% 35% 35% 35% 35% 35% 2,800 Interstate Power Co Iowa Elec Light & Power 19 19 19 19% 19 19% 18% 19 18% 18% 2,600 34% 34% 34 3 a 34% 34% -34% 34% 34% 37% 3734 37% 37% 37% 37 % 37% 37% 6.100 35 35 35 35 35% 35% 35% 2.300 preferred . International 3.50 $6 preferred 5 34%~ -34% 1 37% 37 7 35 35% _lo 33% 50c j 5 Breaker *121 Co..IIII5 Co Inc 3%% preferred : Johns-Manville Corp Johnson & Johnson Jones 5% & Laughlin Steel preferred series A Joy Manufacturing Co. 39 123 48 20% 20% 20% 5 common . s 47% Jefferson Tea *32 % 33 " Co.." Jewel Jun 48 4,400 8,600 5 Feb Apr 21 38% 38 % Lake Sulphur Co: 1 Jersey Cent Pwr & Lt 4% pfd„100 59% Apr 27 70% July 14 81% July 6 103% Feb 16 '/a 7% 37% 21% % May 12 27 2,800 145% ...No par com ; Jaeger Machine Co 23% Jan 31 A Jan July 23 11 For footnotes 92 52% common preferred.. International Salt I-T-E Circuit 79 Jan 1,700 93 7% 36% *47% 100 Rys of Cent Amer 50% Mar 18 May 7 20'/4 Jun 25 24 99% Aug 54% Oct 22 144'A com Iowa Power & Light Co Island Creek Coal common Jan 31 4 55 22 *45 1 ___5 Iowa-Illinois Gas & Elec Co 45 Jan Dec 54% 22 . No par 20 43 3 •; 21 123 2 23 Mar May 27 Mar 24 36% Jan 34 Mi Apr 83 Dec 93 5 118% May 13 35 Apr 6 100 5% 16 2 10 24% 54% 22 48 5 common. International Mining Corp ..5 Int'l Nickel of Canada No par International Packers Limited .1 35% Feb 38% July 21 1 preferred.; 45% May 3 28% Mar 19 17 13 24%. 54% 22'A 21% 38 20 Int'l Minerals & Chemical 32% July 15 28 Jan 23,400 24% 54% 21% 100 International 87% Jan 34% Nov 14 25 25 54% 49 common International Silver 31- Jan 89% Jan 83 91 70 15% 24% 98 Machines 28 10 32% Sep 118 83 90 69% 15'A 54% 153 preferred 12 Feb 84 91 70% 15% 25 98 Corp Jan Feb *82% 91 70 *15% 6,300 930 50 120 15,000 2,800 21% *149 Inspiration Cons Copper 47 % Apr 37 77% 21% _No par 24 125 *75% 21% No par Co 28 Jan 88 70% 15>A *91 200 76% 54% —.100 95% Feb 111 33 33 76% 35% 1 , preferred 87% July 13 17% Feb 31 96 % 33 32% 33'A 77% 84 93 70% 15% 33 *76% *82% 600 6,100 47% —100 pesos Interchemical 86% Jan 122% Nov 38% 4,400 Mexico Iijisuranshares Ctfs Inc 13 -13% Dec 13 ..... Electrica 29 27 Oct •5% Feb 27 Jan 50% Mar 18 32 50 ... 22 140% Jun 26 7% Jan preferred 50 preferred 4.20% preferred 50 Indianapolis Power & Light—No par Apr 9 95 38% *38 7% 21 47 _15 common 37% Jun 15 •7% Jan 29 % July 16 109 11 100 18 2 Dec 25 10% Feb 24 Jun Sep Apr 29 26 33 % Sep §8 45% Mar 18 41 15 44 21% Aug 39 39 48 166 2 21% 48 3 17 93 71 15% 21% 43% ~2 Jan 15'A 24'.'# 84 7% *20% 21% 41 % Jan 7 77% 7% 21% 21% *40% Oct 70% Jan 33% 76% *82% *91 70% 7% 20% *42% 7 73 32% 7% 41% 27 13 *38 90% 22 43':, 143 78% Jun 39 ' 21'A 41% 2 28% July 7% 21% *42 % 385% May 12 39% Jan 27 26% July 7 68% Jan 13 13% Apr 1 *21 22 - 2,900 7% 36% 21% 36% 21% 5 Co *38 7% 21% *89 38% 29% Jan Jan 21% 90% 42% 43% May 36% Jan 25 v 10 27% Mar 26 94 7% *20% 21% *89 41 % 41% July 8 36% Jun 26 151 7% 21% 21 90 38% Industria 65 7%"•» 21% No par 4.42% 166 *89 *89 42% 14 Jun 90% 90 *88% *40 % Jan 8 -v 46 42% 41 % 47 12 .47% 43% 45% July 13 57% 46% 38% 23 9% Nov 56% 47% *40% Jun 24% Nov 56% 46% 41% *42% 51 2 56% 40% 42 50 2 25 24,500 42 57% 45% 50 45% Dec Jan 5,900 46% 41% 56% preferred 4.70% 6% Apr 57% 42 58% 45% preferred 5 14 42% 41% 4.26% Jan 3 41% 56% 42 57% 43% 4.08% 50 20 13% 23% 29% 4 46 % May 25 47% Feb *28% 13% 3 22 38% Nov *23 29% 13 Apr % Jan 2 23% *28% 43% Feb 52 2 23% 29% 47 1 89% Jan 13% 23% 2 Dec 42% Dec 13 23% 5 Co 13% 2,300 3,000 11,800 3,200 1,600 *28% 50 Idaho Power Co 32 13% 1 5% convertible pfd series A Hussmann Refrigerator Co. 39% 15% 31% 29% 100 common. 39% 15% 32% 23% 5 com 39% 14% 31% 12% 93 7 Indust 39 9 21 Jun 9 5% & 1 ; 55% Jan 1 47% Jan 29 Hunt Foods Co 39% 14% 23% 2i% Stores Corp Sound 900 *28% 54-% Howard 115% 29% (Delaware)—_—l 100 No par 240 115% 116 23% Bay Min & Sm Ltd—No par 100 — preferred. 72 13% 33'A 75% 84 93 70% 15% 25%' 54% Houston Lighting & Power 23% *71 13 32% 75% *82% *91 70 15% 24% 50 39% 110 111 23% 39 52 28 38% Dec 48 Apr 39% *109% 111 *28% 25 preferred preferred 114% 117 31'A *38 4.40% 112'% 39% Household Finance common—No par 3%% preferred^ 100 4% 111% -15% preferred convertible *71 1 Houdailje-Industries Inc common—3 $2.25 109% 111 2.50 12.50 convertible *109% 350 38% 23% July 24 87% Jan 14,300 71 Jun 19 71% 23 90 20 70% 38 651/4 Jun 6% Oct 71% 72 81 87% Dec 71 71 38% v 23% 17 2 72 70% 37 22% Nov 17 71 69 500 71 75 2% Jan 72% 20% 22% 97'/4 Aug 13 72% Jan 2,800 20% 3,200 36% 12 * 20%' 34% 20% 71 20 15 20% 34% 20% , 22 Feb 11% Jan 20% 34% 21% 36% >2% Jun 17 *20% 34'A 21 71 90% Apr 9% Apr 27% Jan 35 22% 23 36% Jan *34% 36% 82% Jun 5 34'A 71 31 Feb 34'A 21% Jan 24 35 36% 92 32% Apr 30 33 ■ Honolulu Oil Corp 10 Hooker Chemical Corp 'com. 5 $4.25 preferred No par Hotel Corp of America common 1 9 33% 33 5 ; Homestake Mining 2 33'A 33 Heyden Newport Chem Corp..; 1 3%% preferred series A——100 $4% 2nd pfd (conv) —No par 47% July 22 Feb 33% 33 700 65% Jan 7 33% 33 8,400 49% Jan 21 20% July 23 33% 32% 41% 30 19% Jun 33% 32% *34% . 84 85 33% 32% 33 77%' Jan 28 *83 83 33'A 33'A *84 *84 *83 86 33% *32% 41% 35 21 85 86 8,600 1,600 3,400 *76% 39% Apr 29 53% Mar 9 20 83 41% 16 8% Nov 82 1 77% 20 23% Nov 14 81 41% 31 29'/4 Nov 14'A 79% 77% 67% Dec 7 14'% 78% *109% 39% Nov 2 14 78 59% 78% 7 10 14 80 43% 2 Jan 14 78% 109% 24 Jan 14 41% 29'A Apr 22 8 59% 14 77 1,400 3,400 *77% 24% Jun 15% Feb *38% 59% 78% 5 19 9% 61% 60'A 39% 60% 39'A 60% 13% *38'A 43% 2 13 6 9% *38% 59% 39'A 60% 14% 39% 78% 23% Apr 5 9% 6,600 6,000 42% 32% Jan Sep ' 42% 31% 45% 9% 45'A 9% • 79% 39% Feb 85 10 if 43% 27% Feb 2 42 31 45 3,600 109% 21% Jan 15% Apr 27 22 42% 31% 45 45% 79'A 42% 12 12 30% 45% 9% 1,500 20 56 124 45— 109% .— 21 Nov" 14 30% 17,500 1,970 13,100 1.000 1 — May 25% Dec 30 42% 45 41% 77 2 1/12 47% Dec 3 2 55% *122% 55% 45% 41% 29% ' 32% 52'A 100 23% July 22 July 22 44% x45% 43'A 42% 28 110 110 31% 52% 200 6,500 2,200 No par 72 85 56 124 43% 30% 59% No par Corp 13% Jan 6 122% 55% *122% 47% 9% preferred—_25 64% Jan July 55% 122% 56 124 47 *38% 1 Hertz Co Hewitt-Robins Inc— 32% May 30 110 31% 52% "29% 9% 10 common 26% *106 31% 52'A 45 61% 28 61% 26% 27% 26% 42% 39'A 100 ' 52 27% 105 31% 52% 45 62 47% 1 Hercules Motors 25% 101 31% *44% 61% 26% 45 31% 9% _ Hoffman Electronics Corp 50c Holland Furnace Co 5 Holly Sugar. Corp common .10 5% convertible preferred—30 12% 20 17% Jan noncumulative 27 39% Jan'22 28% Jun 25% Jan 7% 25% 100. 32% 52 *44% 62% 26% 30 25 3.65% preferred—: Heller (W E) & Co Helme (G W> common 44% 62 26% 42 5 *. 45% 62% 26% 42% 42% ' 43% *38% 1 _ 47% 5 -.10 Inc 21 52 54% *122'% 52 55 42% Inc 89% Feb 55 124 52 50 Industries 30% Dec 97 31% 1 2.50 common Industries 33'/a Dec 96% 32 *122% : Heinz (H J) Co common 6 24% ; Hayes 2 25 Co Haveg July 24 24% 96% 32 7.50 * Hart Schaffner & Marx Hat Corp of America 4%% preferred 24% 100 Corp Chemical 26% 100 Corporation Harshaw 62 26% ._1 79% May 7 16% Jan 12 17% Jan Feb Harsco 61% 2.50 com 82 23% Jan 10 Harris-Intertype 61% 26% 1 common Hammond Organ Co Harbison-Walk Refrac 6% preferred *44 45 *44 5 5 4% convertible preferred Hammermill Paper Co 33% Mar 16 122% July 32% Dec 25 . 21 '/# *80 1 47% 82 48 33V2 *121 39 39 123 *121 20% 20% 20% 21 21% .20 % 21% 20% 21 82 80 80 79 81 48 47% 48% 48% 49% 21 : *81% 83 *81% 83 56% 57 56'A 57 56 % 57 70 68% 70- 69 70% 68 75%. 7.7% 75% 78'A 77% 78% 79'A *99% 100% ...10 - 100 100 1 54 83 100 54% *81% 54 55% 100 55% 100 56 VA 100 55% 49 % *81% 3,600 1,300 20 20 7 *80 67,600 6,900 .. 47% 21 v 83 56% 69% 48% *81 % 5 com 100 5 : 40 121 47'% 20% 20% 20% 47 39% *119 121 47% 47% 47% 39 % 39% 121 r 47% 47'/a *80 39% 123 *35 8 a 21% 82 49% 24,800 3,800 7,700 290 7,100 83 56% 19,400 56% 56% 69% • 68 68 3,300 80% 79% 80 24,400 100% 57 100 5614 100 130 57 6.900 Volume Number 5S67 190 . . . The Commercial and Financial Chronicle (373) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous galea fw Year 1958 Lowest 23 Highest Lowest Feb 28 47% Oct 13 68% Jan 2 98% Nov 11 39% Jan 7 45% Mar 63 2 Jan 001/ £eu 9^ A Feb 10 -,2 £ 0 110 7 112% Dec 16 i n May 38 % Jan 78 2 50% Dec 85 23 Feb 14 86 Oct# 29 • 1 12 57% Apr 17 12 82 28 6 103 9 96 July 31 82% Jun 88 Dec 5 99 Jun 20 85% July 10 50% Jan 10 88% Nov 19 92% May 29 2 10 25 85 7 July 15 94% Jar. 92% Jan 2 98 61 convertible preferred 100 US Prejerred convertible preferred 50 100 *46% 47'% 130 130 4%% : (ser of 1959) conv pfd—100 Kansas City Pr & Lt Co com.No par 3.80% 27 . May 20 4% preferred /2 19 85% Feb 93 Mar 31 6 *85 87% *85 87% *85 *86 88% *86 86% *86 85% 86 37% *37 37% *37 37% 33 Mar Kansas Power 7 38 July 21 2 18% Oct 30 10% Jan 1® 4734 May 29 Kelsey 56% July 16 63 & Electric Co Kendall 117% Feb 24 Kennecott Jan 5 53% Feb 12 70% Apr 21 Jun 22 31% Apr 20 t7n 30 Jan 2 46% Nov 7 43 Jan 46% Jan 16 70% Nov 21 59 Apr 19% Apr 25% Jan 22 28% 34% Jan 64 54% July 22 70% Jun 1 30 Dec 2 26% Jan 2 45% July 24 2 29% Feb 7 27% Jan 2 39% Apr 2 45% Nov 11 41% May 7 51% Mar 13 80 8 78% Sep 9 9% Feb 17 17% Oct 21 22% Jan 2 32% Nov 12 2 43% Nov 24% Jan 9 86 May 29 7 Jun 13-% May 31% Jun 36% July 85 6 1 7 Feb 26 17% Mar 3 34% May 11 9 43% Mar 46% 45 45% 44% 443/4 3,600 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 3,100 36% 36% 36 % 363/4 34% 35 34% 35% 7,200 7,200 45% 46% 45 3/4 46% 26% Mar 27% Jun 18 34% Jan 20 23 % Jan 22 5 34% Jan 22 133A Jan 2 22% Dec 24 19% Apr 22 % Jan 6 33% Dec 18 29% May 3% May 19 4% Nov 6 3% Feb 10 22 35% 38 37 36% 35% 36 35 35 % 46 45% 46% 45% 46 16 57 103% 52% 2.50 57 56% 1043/8 52% 53 56% 103% 104% 58 103% 37% - 60 59'% 104% * '103 53% 53% 53% 5,100 55% 54% 553/4 26% 26% 263/4 15,300 1,300 52% 523/4, 68 % 69% 44 45% 7,800 34 35 2,500 45% 45% 4,800 83% 83% 54% 56 55% 56 26% 26% 26% 26% 1 Kimberly-Clark Corp 5 King-Geetey Corp _1 KLM Royal Dutch Airlines—100 G Koppers Co Inc common...-. 10 50 69% 52 51 54 53 54% 69% 69% 69% 69% 69% 41% 41% 41% 42% 42 42% 43 32% 33% 33 33% 33 33% 45% 45% 44% 45% 45% 46% 82 82 82% 83 S) : 1 & 84 ; • ' 53 53% 69% 70% 44% 34 34% 45% - 46% 84 =>83% 12,400 8,300 310 14% 15% 14% 15 14% 14% 141/4 14% 14% 14% 6,900 34 34 33% 34% 33% 34% 33% 34% 33% 341/8 3,100 37% 37% 37'/4 37% 37 37% 37 8 *20% 21% 20% 21 21 21 21 37% 21% 1 30% 30% 30% 30% 30 30% 30% 30% 20% 20% 20% 20% 20% 20% 10 Co Co Gas 4.327/ *83% 53% -10 Co IS Hi Laclede :00 Inc 3,500 14,100 54% 55% 27 (E J) 59% 1033/4 53% 53 54% *26% (S 7,200 59% 102% 60% 104 26% 53% 1 25 conv Kress 20% July 21 15 35% 45% No par Kroehler Mfg Co Kroger Co 31 33% 35% 1 Cupper 5 Dec 33% Dec 22 5 Co—,. preferred 100 45 pritr preferred Keyst^ue Steel & Wire Co__ 4% « 45% County Land Co Kerr-McGee Oil Indus common Korvette 2,500 873/4 37% 44% Kern 4%% 88% 37% . —8.75 Light Co 3 22 31 *37 87 87 43% Co Kresge 16% May 26 Dec . 37% 86% 86 50c Haves 29 85% 43% Kayser-Roth Corp Jun 26 Ai *37 . 85" . No par Kellogg Co 43% Oct 34% July 24 41% Feb 17 41% May 12 7 51% Jun 87% 87% 88% 2 11 20 95% *85 28% Jan 11 86 *94 *86 3 28 36% 95% 86 *94 87% Gas 60% Nov 10 *85 88% 4% 66% Nov 80 *85 Kansas 29% Nov *78 *86 29% Dec 2 80 100 48% Mar 25 7 49 =>78 100 38% Mar 13 25 49 78% 95% 8 Feb 400 1,700 49% 86% 10% Jan 33% Jan 130 *94 2 38 400 *122 49% 125 *85 13 20% Jan 100 135 95% 84% 500 *130 86% Southern com___No par non-cum preferred 50 31,600 78% : 80 City 64 115 48 *94 39% Feb 5 *46% *85 36% May 90"2 Jan 115 46% 131% 95% 25% Apr I *78 63% 63% 115 131% 125%" 128 49% 49% 125 49% 80 46% 86% 30 13 49% 125 *78 115 47% 135 *94 38% Aug 13 105% Oct *119 62% 62% 115 *85 42% Dec 27 124% 49% *46% '"<■129 100 Jan 75% Jan 62 lib preferred Kansas 4 62 116 Shares 100 4.35% 12 61 *46% 47% 129% 129% the Week July 24 July 23 preferred™ preferred 4.20% 5 Mar 88% Feb *119 49% Friday July 22 116 116 .—100 preferred 4.50%. ~ /6 61% 33% 4%% 11 Mar July 21 4^% 4%% ! July 23 Jun Oct Jan 128 Kaiser Alum & Cbem Corp July 8 FP,b 24 J y 15 jun Dec 34 1 J"}y 24 6 / 90% Oct 29% Jan ,S1 120 28 TuV/" ™r M°"d" July 20 V Par EXCHANGE 47 87 May NEWeI?SEQCI Highest ; 4 20% 20% __25 *29% 31% pfd-75 Pesos Mex *3% _1 30% 5 24% commoh_3 43 100 >86 common 1 preferred series A 36% 5,200 37% 21% 700 301/4 303/4 16,800 20% 20% 3,100 *21 32 *30% 32 *30% 32 *3% 4 *3% 4 *3% 4 *30 3/8 31 30% 30% *30% 303/b 700 25% 25% 26 25% 25% 3,000 46% 45 % 46% 45% 46 7,500 *30% 32 *3% 4 30% 30% 31 25 243/4 25 25 43 42% 43% 44 *30 ' 17 : 4% Mar 11 Jan 2 25 % Dec 11 24% Jan 8 34% Apr 18% Jan 2 253/8 Dec 18 24 % Jan 8 30% Mar 23 46% Dec 31 42% July 6 55% Apr Jan 6 91 103/b Feb 12 25 Feb 20 83 Jan 17 9% Mar 26 89 Mar 28 12% May 9 May 15% July 373/8 Jan 20 9 1 % Jan 2 3% Apr 6 17 3/4 Feb 13 15% Jan 2 2 39% Oct 21 1 Jan 2 1 % Jan July 7 3% Jun 20 6% Sep 30 5% Jan 2 5% Jan 2 103/8 Sep 24 7% Jun 19 223/4 Feb 28 32 Dec 19 28% Jun 4 243/4 Feb 10 403/4 Oct 30 36 14% Jan 2 193/a Sep 2 24% July 24 9% July 13 10% >an 31% Mar 73/8 Jan Sep 2 13% Oct 13 Jan 7 53% Apr 18% Jan 2 22% July 57 % Apr 65% Jan 29 11% Jun 16 2 82% Dec 5 80% Jan 2 17 158 3/4 Jun 4 140n4 Jun 5 49 May 10 2 Jan 367/a Mar 11 Oct 21 10 11 72% Feb 9 9 15 Jan 2 47% Dec 8 107% Feb 18 1353/4 Dec 9 30 Nov 12 104 Jan 23 223/8 Mar 28 July 10 July $3 50e Valley Lehman Lehn Liggett & Myers Tobacco 7 % preferred Industries 9 Inc Loew's 39% Jun 2 46% Jan 26 May 28 139 3/4 Jan 26 29% Jan 100 2 363/8 Apr 15 104 Mar 4 Mar 88% July 28 80% Jun 18 89 85 Oct 14 92% Feb 11 84% Jun 25 90% Mar 100% Apr 14 129% Nov 12 128y/4 Jan May 37 Jun 7 2 Apr 3% 3% 3% 3 % 3% 23 23 % *23% 24% 24 '*23 % 24% 24% 24% 800 2,400 2,600 24 6,100 8% 8% 8% 8% 8 % 8% 8% 8% 8% 8% 8% 8% 8% 8% 8% 8% 8 3A 8% 8% 83/4 29% 2934 14,000 10,900 29% 30% 29% 30% 29% 30 46 48 48 % 48% 48% 49% 1,700 22% 22 % 22% 22% 22% 22% 5 70 71 % 71 74 723/a 73 % 71% 72% 71% 72% 5,400 24,500 45% 11% 25 com 91 % 46 12% 12 91% 92 12 12 % 90% 92 12 % 11% 91 3/4 5 56 56 56% 56ai 56 56% 56 % a ; 145 *70 70% 70 70% 71 71 69% *146 146 147 11 % 11% 11% 10% 10c 124 % 125% 125% 130% 128 % 1 29% 30 % 29% 30% 30 ¥08 30% 323/B 11 12 12,400 89 90 7,200 145 145 120 56% 55 56 4,100 71 70'% 71 2,800 91 10% 10% 129 , 10% 128% 1313/4 25,700 29% 30% 30,900 31% 30 31% 32% 29% 30% 31% 31 15% 16 16 16% 15% 16% 15% 31% 32 V4 31% 323/8 31% 32% 31% 41 % 41% 41 % 41% 41% 41% 41% 100 Island Lighting Co 5% series B preferred Long *124 10 com 33% 100 *99 129 127 33% 33% 100 100 *125 129 34% 34% *99 100 129 *125 35 34% 100 *99 34% 31,900 15,300 423/8 10,300 125% 1,050 34% 130 40,800 15% 31% 125% 42% 321/4 15% 32 10 11 31% '"41% 16 % 4 Co common 3,600 10% 132% 29% 1 Inc 11% 146 145 145 12% 90% 145% 100 preferred conv 34% 11,100 *99 100 100 100 4.25% series D preferred 100 >83 84 % *83 84% *83 84% *83 84% *83 84% 6 4.35% series E preferred 100 *86 88 *86 88 *86 87% 86 86 *86 87% 4.40% series G conv 100 *151 153 *150 155% Apr 16 48% July 7 142% Mar 25 Lorillard 7% (P) Co 143 Jun 23 136% Jun 5 44 Dec 22 36% Jun 26 81 Oct 6 76% Jan 2 11% Jan 17 Sep 29 15% Jan 27 60 81% Sep 24% Sep 16 71 % Jan 7 1043/4 Mar 30 213% jan 5 34% Apr 15 Lykes 313/s Aug 13 29% Jan 7 35 Jan 22 MacAndrewa 123% Jun 44% Mar 12 Louisville Gas July 10 Louisville & 21% July 22 6 149% 150% 45% 44% 453% 150 500 152 44% 43% 443/8 139% 137% 138% 68,900 —100 *138% 139 (Ky).Nopar Co 38 86% 38% 38 38 37% 38 37% 38 38 38% 7,600 87 86 87% 87 87 86% 86 34 853/4 87 4,000 19 % 20 50 3.33% Co Steamship Bros 150% 443/3 46. Nashville Steel •■145% 150% 41% — & El =>145% 5 ■> 10 Co 139 138 139% 42% 139 139 20% 213/4 20% 520 23,100 21.% 19% 19% 19% 21% 85 86 % 85 % 87% 863/4 88% 86% 87% 86% $8 4,500 25 CM.) & Sons Inc—.—1 Lowenstein Lukens pfd_ common.. prefe'red Jan 55% Mar Jan 3 223/s Co — 273/4 Feb 19% Jun 3 % 14 2 88 3 46% Cement Ccrp Lone Star Gas 4.84% 3% 30% Inc Theatres Lone Star 13% 32 3 1 :Nopar Loew's 5 Mar 13% 31% 2.50 37% Jan 37 14% 32 22 % Aircraft Corp 17% July 10 9 14 31% 29 % Corp Lockheed 3,900 14% 32% *45% * , Lionel 89 14% 31% 22% — 8 *86 89 14% 32% 7 5 .31% July 15 120 Glass Belt Co *86 14% 32 —22 Libby & 89 14% 31% 1 McNeill *86 89 14% 31% _5 Corp Libby-Owens-Ford *86 . No par Products. Stores Libby com Corp Pink & Lerner 89 % 15 preferred—No par 2nd pfd No par RR No par non-cum Lehigh 4 10 1st non-cuin Litton 82 128 Industries 14% Mar 23 393/4 Apr Oct 4 Valley Lehigh 132% July 22 99 3 preferred Link 15 10.% Mar Co Lehigh Coal & Navigation Co Lehigh Portland Cement 9 903/4 Dec 31 9 24 Mar 3.85% Sons & 73 57% Jan 20 13% J an 98 % Apr 152 (James) 8 14 38 3/8 Oct 26 Lees Tire & Lily Tulip Cup Corp Oct" 2 9 Bryant— Rubber 1 63% 28% Jan 4 29 Lee 63% Jun 27% Jun 3 76% Jun 12 Lane a 28% Feb 46% Jan 5 3 7 Jan 140 22 29% May 28 14 85 7 Consolidada 6% La 25% 24% 253/a 24'/a 24% 24% 24% 24% 24% 3,600 32 32 31% 32 M 23 _ 116 Jan 2 Jan 15 21% Jan Jan 78% Jan 28 13% Apr 8 Jan 31% Jan Apr 17 118% Jan 15 9 6% 2 36% Nov 17 32 % Jan 6 493/8 juiy 10 Mack 3 393/8 Dec 2 6 88 May 14 20 % Jan 21 9 18% Jan 30 Madison 71'/a Oct 13 23% Apr 5% Jan 29 2 1 39% Dee 10 8 3/8 Sep 29 8 3/8 Nov 19 78 Mar 17 7 70 May 7 Magnavox 442% July 10 485 Jun 2 Mahoning 53 % July 13 48 % Jan 363/8 Jan 6 4% Jun 18 6% July 17 5% Apr 121% Jan 3 17 Aug 7 15% Jan 5 Jan 2 28% Oct 1 26 Jan 8 21 8.1 41% 84% 85 42 85 19% 18% 18% 18% 19% 18% ..No par 10 1 50 14% 5534 59% *450 14% 57 60% 14/4 56 59% 14% 56% 62 14% 1 1 43% 14% 14% 55% 57 62'% 63% *450 480 44 44% 4% 4% 7% 7% 16% 16% 29 29% Square 2 12 40% 84% 19 Fund Jan Jun 423/8 84% 41% 81 Macy (R H) Co Inc com 4%% preferred series A Jan 60% Dec 40% 87% Mar 30 14 450 _No par 100 43% July 10 18 2 47% 2 1 10 46 % 10 31 10 45% Jan 18% Oct Feb 46 % 122 46>% *119% 45% Jun 17% Dec 5% Jan 7% Feb 4 5% Jun 24 18% Jan 24% Oct 29 23'% Jan 2 1 Garden Magma Copper __ Cc__ 7'A Jan 14 30 Mandel Jun 1 7% Jan 26 33 27% Mar Mar 51% Jan 67 Oct 28 64 % Jan 5 73 593/4 Dec 31 45% May 5 59% Jan 47% July 5 5 12 8 Mallory Co Coal RR 9% Jan 223/4 Mar 16 25% Jan 42 % Jun Inc— R) & CO. Manati Sugar Co 48% May 12 (P Oil Midland 4% common preferred Cement Mfg Co Marquette Field & Co *90 46% 91 48% 46% 93% Jan 14 62% May 11 Martin 5 46% May 22 Masonite Corp No par 53% Feb May Dept Stores common 5 No par No par No par —100 No par 2 42% Dec 37 Feb Jan 2 49% Dec 22 46 May 19 75% Nov 11 853/4 Jun 26 74 % Jun 75 16 85% Jun 16 15 77 July 30 2 20 Dec 34 Sep 66% Sep 3 74 Mar 26 May 19 81 Mar 31 $3.75 72% Mar 17 $3.40 75% July 21 Jan 29 18% Apr 7 32% Oct 22 39% Jan 9 45 Dec 24 62 2 83% Dec 29 56% Dec 1 1 preferred $3.75 81 6534 May 22 39 13 24 100 preferred Co 26 82 Feb 42 July 24 pfd 1947 series prelerred 33A% preferred — 29 9 233/8 Jan 15 McCall 41% Jun 30 McCord July 24 $2.50 7 29 Jan 2 44 Feb 10 13% Jan 2 19% Feb 5 July 23 94% Feb 5 Feb 16 53 50 McCrory-McLellan Jan 283A Mar 3 79 38% July 20 58 47 Mar 31 36% Jun Sep~26 31% Apr~23 41% 39 Jan 59% Dec 2 1 8 37% Jan 30 48% July 16 9 62% July 24 54 Mar 10% Jan 2 20% Nov 17 17 % Jan 68% Jan 2 98 Dec 31 84 May 70% Nov 21 64 Jan 13 52 Jan 14 26 21% July 17 4 99% Feb 3 19 89% Apr 28 7% Jun 3 93A Jan 10 8% Feb 13% Jan 2 22% Dec 19 20% Jan 2 33'A Apr 86% Jan 9 47 3A 41% Jun 24 51 7 96 Sep J24 Apr 25 90% Jun 19 95% Mar 26 22% Jan 2 26% Apr 23% Jan 78% July 28 85 19% Jan 32 36% Jan 74 For Oct 7 1() 1 footnotes May Dec 83% Dec 86 see 14 7 18 10'A Mar 5 24% July 24 Feb 2 2 28% Apr 16 79 % May 21 85% Apr 7 29% Jan 7 38 Jun 2 10 67 Feb 9 91% May 15 May 20 79 Jun 3 85 page Feb 6 Corp Stores 50c common convertible preferred—100 McDermott (J Ray) & Co In 1 McDonnell'Aircraft Corp 5 McGraw-Edison Co 1 McGraw-Hill Publishing 3 3%% McGregor-Doniger Inc class A Porcupine Mines— Mclntyre McKesson & Robbihs Inc ( 41% 423/8 49 77% 77 77 76 *68 5% 26% 72% 52 46 *90% 48 42"% 49% *76 *76 *68 75% 40% 20% 38% 51 42% 49% 49% 77 77 69 75% 40% *76 *68 *74 69 50 76% 40% 21% 39% 50 • ' 13V 80% 33% 35% 46% 59 39% * 50% 453A . 49% 40% 21% common preferred 5% 4% 41 *77 3 Corp Corp - No par Co Maytag Jun 18% Jun 47% 74 323/s Jan 25% Jan 5% 26% 71 52 46% S03A *70 50% 45% No par com 89'% May 12 25 29 5% 26% 71 50% 45'% 9034 36% Jan Sep 28% 26% 93% July 11 4'A% 73/b 16% 5% 25% 45% Nov 26 7% 16% 1 5 30 2 7% 16% 29 81 % Jan 7 44% 28% 29% Jan 7 43% 4% 50 4 convertible Corp 480 43% 4% 12.50 Exploration Marine Marshall *450 480 4% 7% 16% No par Maxwell & Moore Maracaibo *119% 122 5 Brosl Manhattan-Shirt Manning, 1 5 21 18 84 90% 75% 40% 20% . 39 21 39 50% 50% 14% 13% 80% 40% 36% 14 80 41 36% 47 80 40 35% 46% 60 60 —16%c No par *73 20,200 75 52% 3,000 90% *89% 50% 49'A 43 1,400 48% 43% 49 77 *76 *68 *76 41 2038 39% 52 1.10Q 463/4 90% 50/8 77 77 47 43% 50% 76% 76 69 77 41% 20% 39% 51 /2 46 % 150 44,100 7,300 11,000 110 60 69 77 ~30 6,600 41% 20% 40% 53 2.500 2,300 910 21% 92% 84% 21 90% 84 *73 13% 14 8,400 4,600 36'A 35% 36% 36 36% 7,400 47% 46% 473/4 47% 47% 61 % 6i% 62 62 62% 5,700 21 % 91 85% 9 20% 90% 84% 8% 20% 20% 20% 20% 20% 2,800 90% *89% 90% 89 % 90 1.000 85% 84% 85 4,700 8% 8% 23% 22% 23 22% 48% 47% 47% 60% 33 88% common 2,300 5% 27 40'A 33 87% Inc 800 2,000 2,800 39% 33% 86% 82 Co 1,900 40% *33 84% preferred 52% 10 8,600 40 48% 92% 26% 82 & 5% 26% 12 5,800 33,000 42 47% *90 26% 80% $3.50 120 700 *4/? 56/2 57% 63% 68%. 450 450 44 44% 4% 4% 7 A 7 A 16% 17 29 29 1 8% *23 Merck 4,300 19,300 18% 13% 9% 3% 75 52% 18% 80 47% 92% 26% 82 Mercantile Stores Co Inc 75% 40% 20% 39% 51 % 5% 27 . 13% 23% -1 100 69 5% 26% *72 52 463A 90 49% 43 49% 76 76 *68 *76 40% 20% 39% 51 % 17,700 79 8% Corp common preferred series B 49% 77% 77 "7% 16% 29 ~ 47% *90 26% 81 % 4% 92 503A 43% 44% 4% 14% 37% 63% 480 44% 4% 7/a 16% 29 A 122 47% 41% 42 85 /2 85% 47% 14 22% Melville Shoe 72'% 52% 463A 56% 63 *450 19 1,000 *119% 80 10 Co Mead 5% 27 *119% 122 47% 48% 41% 41% *85 85 k 13% 10 Trucking Co McQuay Norris Mfg 122 80 40% 35% 47 60% Corp common-, : 5 4%% preferred (1st series)—100 McLean 32% *119% 5 37 1 32% 33 32% 100 Inc— 823/4 14 *32% 32% & Forbes common—10 preferred Trucks Madison 30% Jan 390 125 82 *90 26/4 81 33 A ' 88 73 85% 9 92% 26% 82 33% 88% 82 84 8%, *90 23 48% 92 % 26% 26% 81% 82 *33 87% *73 *79 23 % 47% *90 26 Va 80 % 350 80 8% 8,100 3,700 24% 4,100 48 4,600 92% 26% 80 % 5,lb0 670 33% *33 33% 200 89% 89 89% 15,900 82 *73 82 26 k 21 The Commercial and Financial Chronicle (374) Monday, July 27, 1959 ... NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS |M(e for PmtM* Range Since Jan. Year 1958 15% Jan 2 19% Feb Jan 2 62% Dec 78 Sep 15 91 Dec 22 79 Sep 24 79 Oct 15 92 97 Jan 14 64% May 11 Jan 2 22% Feb 53% Jan 10 104 STOCK YORK 6 82% July 25 1 15 88 % Apr 60 60% 60 60 60 60% 60 60% 2,200 19% 19% 19% 19% 19% 20 19 3/4 20% 20% 20% 32,500 5 74% 74 % 74% 75 75% 76 76% 77'A 75% 76% 1,500 82 82 Co Metropolitan Edison 3.90% 78 Jun Jun 10 15 98 Mar 13 4.35% preferred serles__ 77 Apr 0 90% Feb 26 Jun 25 88 Mar 31 3.85% preferred series 78 July 21 87 Apr 28 3.80% preferred series- 94 May 25 99% Mar 11 4.45% preferred series 4 33% Jan 2 34% Jan 6 48% Dec 5 44% Jun 28% Jun 25 Sep 19 13 33 Jan 15 23 39% Jan 2 51 July 24 Jun 10 83% Jan 2 92 Feb 27 39% Aug 21% Feb 4 35% Feb 18 40%. Jun 2 6 18 Jan 8 24% Mar 39 35% Jan 2 43% Oct 78 Jan 2 88 25% Feb 24 7 14% Jan 76 _ Jan 126 17 7% Jan 10 20% Not 2 Jan 13% Jan 13 59 Deo 96 • 28 28 18% Feb 9 111% Jan 11 0 92 Oct 31 Not Feb 25 % Jan 3 • 6 Jan 10 28% Deo 31 26% Apr 28 11% Jan 2 20% Not 14 16% Jun 73% Feb 25 Dec 29 111% Jan 21% Jan 2 35% Oct 8 31% Apr 17 116 9 8 27% Jan 6 35% Dec 29 32 % Jun 28 24 4% Jan 2 18% Oct 6 16% Jan 2 Feb 25 44% Aug 6 40% Jun 24 18% Feb 25 25% Aug 6 39% Dec 16 31 27 9% Jun 29 41% Jan 8 19% Dec 30 17 Jun 10 2 14% Dec 18 12% Jan 8 19 60 Jan 0 19 68% Jan 0 62 Nov 27% July 24 5% May 5 7 Miami Copper Middle South 1,000 37% 37% *37% 38 37% 37% 37% 37% 22% 22% •21% 22% 21% 22 21% 22 14,800 145% 148% 143 3/4 147 11,200 26% 267/« 25% 26 % Mining Minnesota Jan 22 19 Minute & Minnesota Jun & Mfg Ontario Power & Maid Nopal 2.50 No par 1 .1 8 10 Paper Light Corp Mission Corp Development Co Mississippi River Fuel Corp — Mission 361/4 993/8 28% 27% 27% 27% 27% 27% 27% 27 17% 17% 17% 17 17% 17% 17% 16% 147% 149% 146% 148% 148 149% 147% 143% 146% 33% 34% 34'A 34% 34 33 % 39,000 27% 36% *97 1,555 36% , 1,300 27% 1,300 17 6,700 148% 32 33 33 34% 35 34% 34% 34% 35% 35% 35 Va 35 35% 3,400 22% 22 % 21% 22 % 21% 21% 21% 22% 22 22% 28,500 43% 44 5,300 23% 23% 36% 7,200 6% 7,500 -»3 % 43% 43% 43% 44 % 44 441/2 24 24% 23% 24% 24 % 24% 24 241/2 35% 36 35% 35% 35% 36% 36% 36% 43 % * 6 % e 6 7,900 6% 6% 46% 46% 45% 47% 47 47% 46% 18 3/0 181/2 *18% 18% 18% 18 3/8 *18% 18% 700 Mohasco Industries lnc 0 153/4 16% 15 3A 16 153/4 17% 16% 17% 16% 16% 57,200 100 67 % 67% 67 67 67% 67% *67 % 68% 681/2 681/2 230 75% 75% 75% 75 133/4 183/e Apr 27 68 % July 24 76 3%% July 24 common preferred 4.20% preferred 100 1.20 143/4 May 26 Class 56% July 24 Monsanto 8 31% Dec 1 28 3/4 Jan 14 35% Mar Montana-Dakota Utilities Co Jan 5 71% Dec 12 2 63% Feb 4 78 24% July 7 Monon 25% July 21 Mar 24 Co lnc Machine class RR B —No par 20 A Chemical „ Montecatlnl Mining American shares 37% Dec 22 25'A July 14 2 42% Nov 13 40% Feb 3 50 3/s July 10 21% Nov 17 20% Jan 6 243A Feb Moore-McCormack Morrell (John) Motorola * & 13% 13V2 13% 20% 20% 20% 21 21 14 'A 15 *14% 15'A *14% 14% 14% 14% *14% 200 2,000 100 14% 11% 11% *11% 11% *11V2 113/4 113/s 11% 700 55% 55 3/4 55% 55% 55% 56% 56% 56% 49,100 29% 30% 303A 30 31% 5,400 *75% 76% 741/2 75% 74% 75 741/2 75 3.200 25 % 253/4 253A 25% 25 25 25 25% 1,200 24% 25 24'% 243/4 24% 24% 25 25% 25% 25% 4.200 16 Feb 9 74 July 15 213A July 10 28 Jan 2 32 Jan Jan 25% Oct 13 24% Jan 2 37 July 26 30 % Dec 18 43% Jan 2 48% July 23 Jun 9 31% July 24 26 % 27 263/4 27% 26% 27 26% 27 7,100 49 48% .49 43% 49% 48% 493/8 48% 49 24,200 21% 21% 21'A 21% 21% 20%h 21% 21% 21% 3,200 Murray Corp of America 503A Jan Mysrs 26% 48% 1 Corp 331/4 112 351/4 119 1123/4 36 38 % 118% 39% 38% 122% 68 65 69 19% 20 19% 193/4 19% 19% 19% 19% 28% 28 281/4 28% -28% 28% "29% 353/4 343^ 351/4 34% 34% 34% 47 47% 471/2 48 48 28% 28 28% 28% 28% 40 39% 39% *39% 39% • 35% 1 47 lt 27% No par *39% 1—1 18% _5 . 65 — 67 65 % 64 61% 39% 96,900 124% 38% 118 124% 119 61 _1 & Bros 21% 28 0 Co 33% .31 110% 10 Corp (F E) 29% 12 Munslngwear lnc Murphy Co (G C) Products 30%. No par 10 21 Wheel 30 76 25% 3 Mueller Brass 30% 75 25% Co 18% 0 *13 20% . 11% lnc 32 % Nov 8 13% 20% 55% • Motor 13'A 20 =/8 11% Lines 19% Jan Motor 370 *75 13% 21 54 % —1,000 lire 12% Apr 20 76 75% *13% 21 *13'A 0 Monterey Oil Co Montgomery Ward & Go 2 7 75% 7,200 Chemical— & 25 May 75% 47 No par _ Jan 393/8 July 23 6 No par Co Power issued 17% Jan 130 6% 6% —2 Co 25% July 10 36% Jan 2 24 75 . No par __ Montana When Tool 6'A 36i/4 — 9,900 34% 18% 8 19 99% *34 47% 2 16% Dec *97 35% 18% Jan 39% July 17 99% *34 17% 0 3 8 3/4 Jan 18 *97 36 46% RR 23 24 Sep 99% *33 28 Pacific RR class A—No par 20 50 •97 35 <5 1 Mlssourl-Kan-Tex 8% Sep 25 26V4 26% 253/4 99% >-97 700 Missouri Public Service Co 30 41% Nov Feb 26% 26% 147% 144 Missouri 2 Jan 8 2 38 150 390 20 3% Jan 30 26. 147% 7,400 523/8 May 25 22 45 47% 88 29% Apr 22 % Jan 33% Nov 28 47% *51'A X. 28,200 88 18% May 28 19% Jan 48% 50% 88% 6 30% Jan 47% ' 50% 88 May 17 51 89 13 23 50% *88% 14% Sep 30 3/4 Apr 52% 89 11% Apr 4% Apr 28 51 88 % Mojud 57% Jan 52% 89 37% 22% 146% preferred Monarch 233/4 Jan 50% 89 37% 22% 139% 1st 19 31 48% 30 * 100 Midwest Oil Corp 10 Minerals & Chem Corp of Amer—.1 Minneapolis-Honeywell Reg 1.50 5%% 29 Nov~U 48 30 , 6,100 Jan 60% Dec 31 98 51 Jan 23% Dec 80 *96 52 % 16 2 *78 98 50 24 5 80 *96 50 6 May *78 98 53% 12% July 14 11% Jan 80% *96 48 183A Jan 35 *78 98 48% 18 2 78 53 29 18% Feb 78 •96 47% 20% Sep 28 79 98 50% 48% 16% Dec 14 81 51% 90 20% Jan *79 48 6 29 81 51% 13 21% Dec *79 47% 10 22 81 47% Jan 14% Jun *79 50 8% Jan 45 81 47% 15% Jan 8 •79 48% Minn 4 40 80 47% 24 4 93% 47% 151 % Apr 25 *91 49 Minn St Paul & S S Marie—No par 5 70 93% 47 4 Mar 83 ♦91 47 16 38 *82 93% <96 10 lnc Corp common Jun 39 82 *91 46% Utilities Enterprises lnc 20% Feb 31 83 93% -82 1 0 Midland Midland-Ross Minneapolis Moline Co common—1 $5.50 1st preferred— 100 $1.50 2nd conv preferred 2$ Minneapolis <fc St Louis Ry__No par 99% Jun 22 36% July 24 41% Mar 16 43% Dec Nov July 21 49% Apr 29% May 2 80 150 9 4% Jan 2 24% Mar 20 7 20 2 Apr 16% Oct 24 Jan 6 53% July 23 July 10 52 51% Apr 21% Mar 35 Jan 4% Jan 52% July 21 •82 •91 79 100 100 • 7 83 92 79% pfa_100 100 82 91 100 Aug 12 40% Oct 13 July Shares 61 89 92% May 1J 102 the Week 60% 12.50 Linotype Co Merritt-Chapman &Scott Machine Friday July 24 Thursday July 23 1 Mergenthaler Mesta Bales tw PRICES July 22 July 21 July 20 >, SALK HIGH Wednesday Tuesday Monday Par EXCHANGE 8 18 5 39 NEW 1 44% Jan 27 53% Oct Highest Lowest Blfhtti Lurwt 30% Mar 10 AND LOW 19,600 64% 15,100 19 20 6,100 29% 29% 3,300 35 34% 35 % 1,900 48 Vs 48% 48% 28i/2 29% 2 93/a 48% 31% 35,400 39% 40% 40% 40% 500 - 3,600 N 9% Jan 11 14 May 13 13% Jan 2 14 52 % Jan 12 29 Jan i 51 % Not 20 15 Jan Aug 19 59% Oct 43"% Jan 14% Jam 22% Deo 23% Mar 31 41% Jan 168 149% Oct Jan Jan 18 9 NAFI Ccrp Natco 6 National 26'A Jan 2 34% May 6 National Aviation Mar 13 National Biscuit 49% Jan 20 15 56 Jun 24 164 % Apr 3 8% Jun 12 14% Jan 12 Jun 24 80 26% Jun 147 7% Corp Co 30% Deo 11 12 32'A Jan 15 37% Jan 49% Nov 21 46 % Feb 2 54% Jun 12 National 20% Jan 31% Nov 19 28 % Jun 8 86% Jan 103% Nov 19 99% Jan 86% Deo 19 % Jan 19 61 5 Jan 17% Jan 24 Dec 9 42 50% Deo 11 90 Jan 100 Jan May 8 115% Oct 10 1 23 21 91 July 2 "-104 Feb 9 145 Jun 10 .124% Jun 84% Apr 17 Oct 2 168 Jun 19 128% Nov 7 143 Jun 17 13% Jan 7 18% Sep 30% Sep 10 J 7 25 148 5 Jun 57% Jun 109 3 Dairy Distillers Natl 18% 14% 14% 14% 14% 14% 14% 60% CO % 60% 60 60 59% 59% 700 22% 22% 22 22% 22'A 22% 22 22 % 22% 22% 6,400 26% 27% 27% 27% 28 28% 28 28% 28 28 2,600 52 150 52 52% 150 9W' 52% % 149 10 150 52'A 18% 9% 62% 62% 62 % 62% 4%% pfd Apr 6 21 National Fuel Apr 27 National Gypsum C> 97% Feb 26 131% July 22 $4.50 series .61% • Lead Co "if 77% 40% Sep 13 Tl% 7% Jan 6% 2 21% July 20 2 42'A July 24 9 54 74'A Jan 7 23 92% July 23 40% Mar 13 24% Mar 25 National lea 12% July 13 National 4 22 National U San Jan 9% Jun 10 Mar Apr 17 Natl Malleable 7% Jan 12% Oct 9 14% Apr 14% Oct 7 13% Jan 7 21% May 29 4% Jan 8% Dec 18 6% Jun 23 10% Mar 24 15 Neisner 10% 13% Aug 11 12 Jan 2 28 27% 28 27% 27% 27% 27% 52% 52% 52 % 52% 52 52% 52 % 52% 8,600 29% 30% 29% 30% 31 31% 31% 31% 31,600 100'A 101 100% 101 % 100% 100% 100% 100% 101 % 23 % 23% 23% 23% 23' a 23% 23% 23% 2314 23% 13,300 58%. 59% 58% 60% 60% 60% 60% 61 60% 61% 23,500 26% Jan 2 74% Oct 23 14% Jan 82 Dec 68 38% Nov 84% July 20 Nov 96 May 29 Jan 14 36% Apr 30 17% Jan 2 13% Mar 3 18 Apr Jan 16 Neptune 43% Feb 26 Jun 26 82 % Mar 2 79% Jun 4 107% Mar 11 9 49% Mar 13 23% Jan 27 29% Nov 20 25% Feb 9 30% July 24 31% July 8 31% Feb 27 32% Nov Dec 10 280 31 Jan 8 36% May 22 440 Feb 13 131% 151 % 151% 130 130 130 200 22 300 129 M28V2 130 22 *21% 22 *128% 21% __ 21% *21% 11,200 80 39% 40% 401/2 41 40'A 42 % 50 49% 49% 50 50 49% 49% 10 893A 91% 92 92% 90% 92 No par 4 37% 38% *37% 38 37'A 37 % 37% 37% 37% 37% 19% 19% 19% 20% 19% 19% 19% 19% 19% 19% 10.800 1 11% 11% 11% 12 11 3/4 12 11% 12% 12 12% 21.900 —1 13'/a 13% 13% 13% 13% 13% 13% 13% 13% 13% 1 Co 12% 19% 19% 19% 19% 20% 20 % 20% 20% 20% 6,300 71/8 14 > 7% 7% 7% 7% 10,700 lnc . Fibre Co .100 Electric System 7%. *76!A 20% _1 pfd_100 & Lt Co 4% 7% *83 *35 77 41% *76 % 20% 85 38% 20% *83 . 14 14 35% 41'A 77 20% 85 7% 7 14 14 13% 34% 35% 35% 35% 40% 40% 40% 41 76% 76% *76% 77 20 20% *83 800 7,900 500 11.300 14 1,300 34% 35% 2.800 41 41% 1,300 *13% *76% 20% 20 20 40 77 19,100 20% *83 85 *83 85 7 18,100 85 86 86'A 86% 88'A 88% 88% 90 90% 1 39 39% 39 3 9'A 38% 39% 39% 40% 40 413/4 6,700 I 29 29% 29% 29% 293A 30% 30'A 30% 30% 303/4 16,100 No Dar New York New York N Y 28 28% 28 % 29 'A 29% 29% 29% 29% 28% 29% 45,700 34 20,400 10 Chicago & St Louis Co Brake Central 10 33 50 Harlem RR Co & 129% 150 39'A Mining Corp Newport News Ship & Dry Dock Y 131% 150 90 Newmont N 130% 150% 49 preferred Air 131% 150% 89% 41% England 129% 90% 40% Jersey Pr 60 93 93 128% 151% 49 J 34% New 93 3,600 89% _5 New 37% Jun 38% 92 93 93 1 *47% common—No par 30 17 8 3/a *21% 94 101 3,900 —-10 Co Co 19 13 Cast-No par Steel 213/4 14 86% Apr 13 128 21 % 35 21% Jan Dec 128 1 *13% 2 50% Oct 127 . * 126% 1 Meter *93 *150 lnc 7 26 275 3%% ) (J J) Bros 19% Jan Apr 93 127 152 Corp Radiator 83 19 93 125% 150 1 Newberry Co 108% Oct 2 180 13 2 75 7 8 15 37% Apr 36% Jan 19 9 10 26 I Co Jan Feb 1 100 National Vulcanized 32% Jun 61% 10 Co S 61 27% Steel Natomas 12 41,400 62% 30 No par Corp National Sugar Ref 9% Jan 4,500 53% 100 & 400. 9% 52% common National-Standard National 7,400 52% 151 100 1951 Service Linen 9% 29'% wmmon preferred A preferred B National ■ 6 Co Theatres 36 9 Dec 134% Mar 12 28% Jan Dec" 17 9 19% July 17 47% Apr 30% Jan 7% 159 51% 149 % , 10 9% 1,000 f Corp com preferred— National 3 45% Jun 21% May 12 of Gas 149 148'A io 9% 27% 27% 52% 52 53 150 —• 150 9% 63% 62%. —1 Products & Chem 24% Jan 71 11,500 18% 14% GO ■ 34% Mar 19 18% 14% 10 Can Corp National Cash Register National City Lines lnc 50 % Jan 18% 18% 14% 61 100 10 I common preferred National 19% 18% I Airlines Co 61 1 Acme 14% 1 Corp 63% May 6 29% Jan 22 National 21'A Jan 16% Nov 20 9% Jan 19% July 16 225 33% 320 33% *295 88% 33% 320 33% !295 1 34% 34% 34 33% *295 320 *295 320 91 5,900 320 > N Y New Haven 5% Jan 2 7 % Jun 4 10% Jan 6 25 14% Jun 24 20% Jan 5 Preferred 25% Apr 8 36% Oct 8 29% Jun 8 38% Feb 17 Hartford Co— & Common 2 12% Sep 24"% Sep 24 14% Jan series New York N State Electric Y 2 31 50 Jun 9 59 % May 12 17 85 Mar 18 75 Apr 24 84% Mar 11 $3.75 2 39 Nov 35% Jun? 19 Gas 67 Sep 70% Sep Oct Sep 25 Aug 15 Sep 17 18% Jan July 8 80% July 25 19 76 94 76 5 80 103 18 2 88 % Apr 93 % Jan 108 Feb 68 71% Jun 25 16 23 75 Jun 22 24 80 Jun 3 102 % Jun 6 105% May 16 2 27 Dec Jurf 95 29 Jun 26% Jan 10 5 2 14 73% Apr 77% Apr 1 3.40% 13 21% Sep 25% Feb 15% 92 Oct 106% Aug 22% Jan Nov 23% Apr 45% Dec 5 20 Ja~n~~2 63% Apr 26% Apr 102 7 27% 11 Jun 17 84% Jan 19 29 18 21% Jun 3 19 39 % Feb 9 35% July 22 21% Jan 28 Nov" 17 72% Nov 19 9 32% Dec 30 28 Jun 24 23 109 % Jun 13 102 Jun 17 113% May 26 108 Jan 8 47% Feb 9 5 12 59% Nov 69% July 16 0 preferred 26 4.85% preferred 36% July 10 Niagara 23% Mar 10 52% IVfar 18 40% Jun 30 44% July 23 73 Nopco issued & American Central 5%% 6 57 % May 22 5.80% 13 80% Jun 9 88% Mar 23 92 July 16 80% Jun 4 86%. Mar 19 7 81% May 18 25% Apr 20 Vo July 23 2 88% Mar 23 82% July 14 89 37% Dec 17 31 % Jan 5 44% May 12 Northrop 33% Dec 31 30% Jan 7 46 % Apr 10 Northwest 34 % Dec 31 31% Jan 7 44 10 5%% Feb For 7 6 footnotes 57% Dec see page 10 20. 47% Jan 27 Mar 25 Apr 92'A Jun 29 97% 34% 34% 34% 34% 24%t 41 41 981/2 99 99% 22 22 ___ 46% 47% 35% 36 1 41'A 41% *22 47 % 22% 47% *22 85 *1041/4 97% 40% 73% 79% *82 106 97% *22iA *68% *77% *963/4 98i/2 24 ; 34% 100% *22 24 41% 41 240 79% 490 100 106 ; 101 34% 101 73% 85 *99 35 41% 1 79'A ;104'A 99 *22 41 101 106 -••> 97 73'A *82 50 70 250 1,700 34% 24 % 100% ■ — 44 3,300 100% 22% 22 47% 45% 47 Va 45% 46% 36% 38 38% 39% 43 433A v \ 22 47V8 *22 22% 35% 35% 35% 36 415A 42 *22 - 3,800 1,400 26,300 9,700 7,800 42 44% 42% 44% 70 70 70% 69 3A 69% 69% 69% 69% 69% 110 _10 29% 29% 29% 30 29% 30% 29% 30'A 29% 29% 51,200 104 3/4 104% 105 % 106 110% 110% 110% 110% 110% £1% 52% 52 52% 521/4 52% 23% 23% 23% 23% 23% 23% — —— 72% 73% 73% 73% 82'A 50 Co_ 1 i_ issued) :_100 *105 106 105 111 *111 105 105 105 330 111% 111% 111% 190 52% 52% 52'% 52% 7,400 — 73 ' 22% 23 223/4 23 iV 3/64 73% *73 74 7,800 iV 397,900 73 73% 600 3/64 100 82 % *82% 831.A *82'A 83% 82% 82% *81 82% *81 82% *811/2 82 % *81% 82% *81% 100 *82% 83% *82% 83% 82% 821% *82iA 83 % 82% 82% '83 85 *83 85 85 *83 90 82% 100 . 83 100 Corp Airlines *69% (Minn)— 0 conv "104% 55% 0 preferred series $4.16 preferred series 2 106 41 % Co Gas $4.11 17 *104% *72% . 55 100 Ry Common 22% Apr 10% Jan 84 24% 5 $3.60 preferred series $4.10 preferred series $4.08 preferred series 30% Dec 78 84 97% Pacific Ry (when 73 77% 84 40% 1 preferred Rights 72 77% *22 % , preferred Northern 72% 77% 551/8 100 Natural 16 35 72% *82 20 Aviation Northern 97% *68% 1 American Car Corp Northeast Capital Corp Northern 106 70 20 common North 22 Jun 31 5 27 113% Mar 34% Co Western Jan Feb *96 3/4 0 Ry Adjustment preferred North >104% 100 — Chemical 35% Jan 108 94 93% Mar 69 5.25% 77 % Mar 17 94% Jun 69 Mar 23 3/64 July 23 72 July 6 1 70 85 11 31 *68% 72% 23 83% Dec 69% 77 83% Jan 25 19,300 77 22% Nov 79% Sep 80% Oct 10 37% 72 7 Aug 29 78% 37% *82 25 81 *77% 3 7'A 100 16% Jan 2 78% 37% 100 70% Sep 22% Jan 78% 37% _100 Northern States pwr Co / 78% 36% preferred Corp 5,100 55 3A *77% preferred 100 55% 55% 78% 37% 69% 100 ; 55 34 541/2 36% preferred Norfolk 5,200 *77% 3.90% 9 1,600 32% 54% 4.10% July"'"2 1,300 7% 15 32% 37% 3.60% 44% 7% 15 31% 78 3/8 54% 3 104% July .. 37 *77% 2 When 34 53% Apr 32 No par com preferred Share 7% 14% 15 31% 85% Mar 102% Feb *7% 7% 15 303/8 88% Apr 108 7% 14% 30% 100 Niagara Mhk Pwr Corp 7% 14% 30% No par preferred 41% Jan 7% 14% 1 Corp— Common 74% Sep 29 % Jan 7% 100 A Shipbuilding Corp 38% Jan 56% Dec 7% No par 5% 83 *83 85 *83 170 85 1 preferred Norwich Pharmacal Co — 32% 33% 32% 33% 33% 34% 33% 33% 34 34% 12,500 10 lnc 39% 40% 39% 39% 401/e 40% 39% 40% 39% 40% 10.700 39 39 39 39 39 39 38% 39 38 % 38% 1,000 83'A 85% 82 83 81% 81% 80% 81 80% 801/2 6,500 —25 Ll.25 Volume 190 Number 5867 . The Commercial and Financial Chronicle (375) ' A : % NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1958 Lowest Range Since Jan. 1 Highest Lowest NEW Highest YORK LOW AND STOCK EXCHANGE Monday July 20 Par Tuesday July 21 HlGn SALS PRICES Wednesday July 22 teiaa far Thursday July 23 Friday the Week July 24 Shares o 50% Jan 14 90 60% Nov 103 Sep 16 78 % Sep ■ 19 94% Nov 17 89 Oct 9 673/4 Jan 30 10 Jun 57% Jun 88% July 16 77% July 7 95% Jan 16 Jan 12 92% May 16 Jan 17 90% Jun May 16 89% Jun 25 13 16 4.44% 100 6 88% Dec 31 27'% Dec 5 31% Apr 7 39% Jun 46% May 21 Ohio Oil 29% 3 275/s Jun 34% Mar 4 Okla Gas 16% July 18 27 Dec 31 Jun 3 98 Feb May 27 9 29% Dec 86% Jun 90% Feb 30% Jun 2 45% Dec 41% Feb 57% July 24 21s/a Jun 11 31 7% Jan 2 40% Jan 13 74 Dec 17 61% Jan 20*72 Jan 7 35 Dec 18 293/4 May 15% Dec July 15 14% Jan 15 Oklahoma Olin 15 16% May 7 Overland 61% Feb 10 943/4 July 2 Owens Jan 7 89% Dec 101 % July 1 31 9 110 May 21 25 % Jan 2 38% Aug 8 32 Feb 12 38% Apr 28 85 % Oct 1 96 % May 5 93 Mar 19 99% Feb 4 2 14 Oct 21% Dec 18 17 26 Paper Pacific Co Pacific Cement 15% Jan 5 Pacific Coast Co 26 Jun 22 23% Feb 56 3/a Feb 10 67% Apr 20 663/4 Apr 3 56 % Jan 7 493/4 Jun 30 18 5% 933/4 140 *89% 91 Va *89 Va 91% *89% 91 Va 40 40% 39% 40% 40 40 3/a 18,400 313/4 32 Va 32 Va 32% 323% 33 Va 5,400 16% 17 *16% 17 Va 17 17 17 17 Va ♦17 17 Va 863/4 *85 86% *85 *85 863/4 *85 863/4 .100 *85 7.50 Corp 28% *89% 28% 91 ' 863/4 28% 28% 28% 28% 28% Amer 543/4 563/8 56 Va 19% 203/a 19% 20 19% 57 Va 20 80 78 3/a 79 76% 78 3/s 77 Va 773/4 6,100 30c 37% 38% 36 Va 37%. 36% 37% 36% 373/, 36 % 36% 23,800 1 *15% 16 15% 15 Va Co 200 903/4 92% 6,400 99% 100 Va 7,600 common 94 & Inc 88% 88% 97 98% 107% 107% 107 Va 33 % 33% 33 % 333/4 3lVa 333/4 33% 333/4 93 Va 94% 95% 95 Va *94 Va 96% 95 95 *13 13% 133% 13% 13% 13% 13% 13% 13 13 20% 19% 19% 19% 19% 12% 13% 13 13% 13 131/4 ♦13 13i% 25 preferred 21% *20 Va 213/4 22% *20% 22 Va 21 21 63% 64% 64% 64 64 *63 64 % *63 64 62% 62 62% 62 63% 633% 63 No par 51% *20% 20% Feb 21 39 % Oct 30 37 Jan 19 117% Jan 2 150 Dec 17 149 Jan 2 Sep 30 143 Apr 21 130 Jun 17 5% Nov 7 4% Jan 7 1443/4 Apr 24 6% Jan 29 4% 45% July 15 Pacific Tin Consolidated Corp.—1 Packard-Bell Electronics... 50c 43/4 July 24 4134 42 % 42% 2 35% Apr 13 Pan Amer 27% 27% 2 46 46% 100 91% 91% *91 Va 93 1 47% 47% 47% 48 48 No par 44% 45 44% 45% 90 23% Nov 12 62% Dec 8 43 Jun 25 59% Jan 17 94- 2 - Pacific Mills Jan 3 98 Apr 15 91 Jun 30% Jan 2 47% Nov 5 44 May 33 Dec 2 45% £)ec 8 19 July 17 27"% Dec 57 15% Jan 6 2% Jan 9 Oct 363/8 Feb 9 473/8 July 24 23 233/a Jan 29 46% Jan 2,3 12^ 3% Nov 21 7% Jan 15% Nov 19% Jan 12% Feb 16 % 26 3 7 16 21% Jun 29 243/4 Apr 8 Dec 30 47% Jan 8 64% Jun 11 32% May 5 39% Mar 12 113 Dec 98% Jan 9 94% 65 s7pT8~ 104% Jun 19 28% Jan 7 43% Dec 29 43 Feb 10 37 2 493/4 Jan S 20 51% Dec 8 63 July 69% Sep 23 62 Feb 9 74 Dec 18 26% Jan 2 31% July 40% Dec 30 41% Dec 5 36% Feb 13 95 Jan 14 9 95 14% Jan 3 8 16% Jun 3 2- Jan 5 4 10 17 95% Jun 20 59 % July Peoria 51,000 20,100 25 4%% Pfizer 4 42 40 x273% 27% 27 Va 273/4 27 27% 273% 40'/a 28'A 46 3/8 47% 47% 49Va 48% 49i% 48% 49% 93 91% 91Va ♦91% 48 473% 48 463% 473% 2,200 46 Va 463/4 461% 46% 46 473% 29% 30% 303%; 313% 31 31Va 46,100 10,200 *50% 51 Va 501/4 50'% 503% 503% 23% 23% 23% *91 Va 2% 2 3/a. 24 223/4 223/4 58% 58 % 58 % *573/4 58 33% 34% 33% 34% 33% 1111% 112 112 Va 400 33% 58'% 34'% 13,100 112 112 Vi 112% 111'% 33i% 33 333% 33 33% 33 Va *72 74 72 731/2 72'% 72i% 27% 27% 27Va 273% 273/8 28 27% 27% 273% 28'% 97% 973% 973% 983% 98 Va 93% 98V4 983% 98 Va 98% 93% 94'% *93% 94% 933% 933% 931% 93'% 94 94 17% 17% 173% 18 18'% 18'/a 18'/a 18=% 18 45'% 451% 453% 46 45% 45% 45'/a 453% 45Va 18'% 45Va 593% 593% 593% 60 67'/a 66 31 '/a 30% 66% 31'% 45i% 1111/4 59 Va 60 59'/a 60% 60 603% 67% 67% 66V4 67% ♦66 67'/a 30% 31'% 30% 31'% 45 45 451/2 45% _ioo *95 97 8,100 , 700 5,600 580 280 17'% 17V4 4% 43% 4% 373% 39% com_33%c *66 30% 31Va 1,200 3,200 270 25,800 *45 46 *45 46 45i% 95 95 •941/2 96 *941% 17i% 17Va 5 30% 34,100 97 *95 ' 1 Co 5,700 112 • 25 Corp of America 500 333% 71% No par Inc 24'% 58 34 323% 100 Co common Co *23% 57% 71% 33%c & 24 5 Co (Chas) 34,600 73 ,10 Brewing 2,100 15% 33Va 100 RR Ry 21% 15 3% 57% 34 IIIV4 600 2'% 16 33V2 24 23 % *57% 30 153% I6V4 *22% 93 24 153/4 l preferred: Pfeifier 403% No par Eastern Petroleum 24 43% May & 43 25 Co 360 42% 3.50 series preferred.. Pet Milk Co 23 6% Feb C) Pepsi-Cola 6 193/4 Jan 22 May 27 36 8 99% Feb 12 Jan Apr 3,700 4,600 8,850 43 16 Peoples Drug Stores Inc.. Peoples Gas Light & Coke Apr 50 (J 4.40% Mar 23 27 2 43% 5 153/4 Glass Pennsylvania 5 Jan 55 % Mar 20 25 138V4 43% 43/4 153/4 100 2 July 138'% 5 153/8 No par 5 19% Jan May 137% 32% 32% Mar 11 18% Dec 136 *71% 8 98% Apr 20 1 136 4% 5 Chemicals Corp Sand Corp.. Penn Power & Light com 4% % preferred 102 % Apr 29 136 4% 51 1 8 15s/8 Apr 136% 43/4 29% 3 Jun 913/4 Jun 135 % 2% Penna 29% May 29 136 51 Penney 1 19"% Dec 184% 293/8 Pennsalt 10,500 52 183'% 2% 6 51'% 1843% 52 Corp ♦50 182 29% preferred Cement 50 % 52 *501% 185V4 23/s Ford 513% 50 3/4 52 183% 51% 4 July 28 102 & 51% *50 9,200 185% 29 Mar 82 % Mar 23 30 Jan prior conv Penn-Dixie 51 Va 52 100 700 63% 184% 1 2.50 July 5 92% Sep 11% Feb 101% Apr 25 5% Penick 52 *50 63 3% 184% No par 36 Jan 93 OctTli July 13 62 27 3/a Jan" 13~ Co 117 21 32 49~ Proof Transportation Patino Mines & Enterprises Peabody Coal Co common July 22 Jun 39% Nov 20 Rust Parmelee "*0 *135 1 preferred Parker July 24 65 % Mar 20 49 10 82% Jan 11 31 % 3% Jan 2% May 14 25 6 30 % Jan 23 % Jan 4% 100 51% 51 1793'a No par Paramount Pictures Corp Parke Davis & Co 50% Mar 13 52% *50 100 World Airways Inc East Pipe Line— Common 28 Jan 1 No par Pacific Telep & Teleg common 6% preferred Panhandle 700 1,500 1,900 61% 17 Corp 90 19% 63% Electric Lighting 3,000 131% 193% ♦13 *19% Corp & 19% 10 47% Jun Pacific Finance 19% 1,300 108 _25 31 3 1073/4 19% 54% Dec Jan 107 1 2 37 107 Inc.5 common 40% Jan 12% Jan 99% 93*% 9 22% Jan 89% 99 33% Jun 40 88 Va - 68,000 " 107 58% Pacific Gas *15% 93% 5 Aggregates 83 96 16 33 ...No par Fisheries *15% 87% 107% 16 95 95 107% 15 , *15% 88 87% 6.25 com 16 18 27 21,300 54% 20%' 78% Dec Feb 56% 53% 20 V8 79 64 4 57 55 '% 20 % 64% Nov 21 3,600 78% 2 185 % July 28% 54% 2 130 28% 20'% Jan Pacific 1,200 28% 5 47% Jan 40 3 933/4 40% ; preferred... 14% May 14 233/4 Jan 16 4 94% 31% _ioo 12 May *91% 31% Gas Glass 193/8 May 13 14% July 30 22% Nov 20 May 22 18% Jan 10% Jan 3 2 7% Jan 9% Jan 10 $5 94% 39% preferred Oxford 94% - 40% Corning Fiberglas Corp.—.1 4% 94% 313/4 Corp (The)... Owens-Illinois 93 % Oct 27 100 94% 91 6,200 61 31% Marine Corp 15% Jan 973/4 Jan 90 783/4 60 Va *89% 39% Elevator 4 79% Feb 92% ♦78 Va j Outboard 16 11 92 Va 79 6.25 Otis 15% Dec 99% July 29 92 79 5 Oliver Corp 66% Dec 59 60% 92 80% 93% 93 3/4 common Chemical 82% July 10 39% July 15 24 37% Feb Co Natural Mathieson 60 92 80 No par , Elec preferred 4.24% preferred 5 27 % Jan 61% 92 79% •60% *92 20 Co. & 593/4 94 79% 92 ,100 100 59 Va 80% 92 *79 '% 4% 18% 59%' 53% IIlOO preferred.: 43% Aug 11 Dec 17 Va Jan 12 Jan 12 100 3.90% preferred 4.56% preferred 85 10 102 13 Ohio Edison Co common. 4.40% preferred 95% Jan 103 31 28 Va Jan 27 20 17i% 17Va 17 Va 17 3% 17 Va 173% 2,40(J; 4% 4% 4% 43% 4% 4% 4,700 5 96 400 30 38% 38'% 38% 38i% 38% 38% 97»% 60'% 37% *95'% 971% *95'% 97i% •95i% 97'% 59% 603% 59Vs 59 Va 59% 22,100 51 '/a 51% 51 Va 51% 51=% 51% 7,100 21% 21% 21 Va 21% 21% 600 94% 96 94% 95% 95 95 83 84 *83 84 40 46,700 " 92 Jan 7 100% Jun 37 Jan 22 64% Nov 37% Jan 2 20% Sep 96% Oct 11 50% Dec 46% Jun 16 21 Jun 0 94 Jun Aug 27 7 80 Jun 92 Nov 17 5 89% July 14 24 102 May Sep 8 107 May 13 $1 Electric Co 2 43% Jun 8 56% May 12 Phlla 26% Dec 1 21 Jan 7 36 3/4 May Philco 24 67 Jan 5 73 2 62 31 54 Jun 9 2 89 Mar 18 78 Jun 19 84% Apr Mar 12 76 Jun 17 82 2 3 43 Jan 74% Jan 75 . Dec 0 4% 29 86 27 49% Dec 8 7% Jan 2 12% Sep 24 11 Va Jan 28 15 V* Mar 12 95% May 7 97 14 96 Jan 5 97 Mar 24 Apr 41% Mar 31 88% Nov 5% series $4 8 100% Jun 20 90 Jan 2 95 % May 2 24% Nov 20 20 % Jan 8 37% July 20 34% May 28 45% July 7 13 21% Jan 5 25% July 2 Pitts 89 Jun 4 94 Mar 18 $5 84% Jan 7 99% July 29 17% Aug 8 90 Jun 29 993/4 Apr 2 15 Apr 28 173/4 Jun 30 May 0 Mar 4 Nov 10 135 Jun 4 133 Jan 9 142 Apr 17 140 Jan 22 134 Jan 5 145 24% Jan 9 42 73% May 7 91% Mar 19 14% Jan 2 243/a Dec 30 62 2 73 23 Jan 68% Jun 2 80 17% July 7 1133/4 Aug 27 393% Jan 10 125 69 Jan 10 Oct Oct 10 24% Sep 19 S/8 May 71% Jan 29 77% Jan 773/4 Dec 283/4 Jan 26 2 82% Jan 29 8 11 16 74% Jan 2 9 114% Jan 22 39% Nov 14 34% Mar 31 32% Nov 14 25% Jun 25 96% Jan 28 Jan 7 2 109 »/8 Nov 20 16 % Jan 2 273/4 Oct Mar 16 16 31 43 % Jan 9 9 86 Apr 63 21% Mar 20 19% Jan Feb 23 Va Jan 132 1003/4 Jun 18 113 % Dec July 23 7 19% July 17 122% Jun July 11 2 24 47 July 22 313/a Apr 1513/4 Jun *90% 92 92 90 3% 90% 43% 58% 59% 58% 59 82 813/4 82 82% 82% *78% 80 *78% *78% 79% 79% *78 79% 45 3/a 445/a 45% 45 Va 45% 44%, 453/4 45 453/a 42,000 *12% 13 Va 12% 123/4 12% 12 % 12% 13 13 13 Va 2,800 *943/4 97% *94% 97% *943/4 97% ♦943/4 47% 453/4 45 47 37 Va 37 Va *37Va 373/8 4,200 2 43 44 43 44% 42% 44 % 42% 43 Va 423/4 43% 9,200 24% 24% 24% 6,000 common 24% 92 91% 91% ♦91 92 *91 92 *92 96 *92 96 96 ♦92 96 *94 96 .16% 140 *134 23 22 853/4 July 100 % Jun 6 18 93 0 31 42 % Jun 12 48% Feb 70% Nov 26 803/4 Mar 13 70% Jun 18 76% Mar 13 21 18 24% Jan 21% May 14 Sep 20 % Nov Dec 10 12 23% Jun 18 20% Jun 29 Oct 15 113% Dec 31 107% Jun 23 5% Jan 2 15% Dec 11 105 10 Jun 67% Jan 8 85 Dec 30 84 26% Jan 7 35% Dec 29 31% Jun 43 % Jan Mar 9 233/4 Jan 9 13 22% May 14 117% Feb 5 Jan 16 15 9 86% Jan 7 24 35% Apr 3 67 % July 24 24 Va 24% 12,200 22% sink fund preference Power Gamble div Co of Colorado preference com preferred— preferred 4.30% preferred Co of 20% *122% 66 3/8 66% 203/a 125 66% 76 *81 82 Va 100 20% 2,300 20% 20 *122 Va %; 125 20 *122% 125 665/8 67 Va 67 67 108 4,600 106% 109 Va 109 1,080 44% 45 Va 43% 47 11,600 25% 253/4 255/3 25% 25% 26 26 26 Va 25% 253/4 3,400 141V3 138% 142 *104 107 106 105 1433/4 138% 137 s/s 140% 137% 139 % 16,700 26 26% 25% 263% 265/8 27 % 263% 27 % 27 Va 27 Va 3,800 100 93 933% 93 93% 93% 93% 93% 94% 26% 26% 26 5/3 26% 26% 263/4 26% 26% 82 82% x81 % 823/8 82% 82 3/a 82 % 82% *48 % preferred 142 Industries com ! 730 26 3/a 26% 5,700 82% 823/s 6,300 4,400 No par 49 5/a 49 49% 49 49 48 Va 49 38% 393/a 38% 39 39 395/8 39 395/8 39% 48% 403/8 24,800 29% 29% 29% 29% 29% 29 Va 293/a 29% 29% 293/4 3,800 83 83 *83- *84 86 *84 86 82 82 83% 84 *87 102 44 Va 74% No par ♦83% 85 *84 85% 90 80 170 30 89 89 *87% 90 *87% 102% 102 103 *102 Va 103 1023/4 1023/4 540 43% 44% 11,000 443/4 *733/4 22 *20% 21% 1113/4 < 74% *21% 74 Va 111% 10% *85 83% 84 87% 44 22 111% 83% 84 101 % 44% 21 % •84'/a 87% 102% *20% 5 . 89 *21% 25 100 Inc 94% *94 49% 10 100 25 . preferredpreferred 10 Indiana—No par 4.32% preferred 4.16% preferred $4.75 21 125 *74% 81 47 --10Q 100 100 100 preferred— Public Serv 4.30% 67% , 76 106 105 2 . 4.18% Publicker 66 Va 81 K)— 4.08% 3%% *122'% *74 Va 1 (H Electric 5 05% 203/8 20% 125 " 17,300 ...10 Inc & 111% 10 3/a 10 Va 103/8 85% 85 85 44% 74 *21% 21% 111 10 3/s *85 44% 44 Va 443/4 74% 190 22 *21 % 22 213/a 22 200 21% *20% 21% 21% 21% 700 111% 110% 74 Va 10% 85 Va 74% 10% *85 74 75 111 111 10 3/a 11 85% *85 1113/4 370 10% 14,700 85% 10 Puget So ind Power & Light Co__,10 34 ya 35 34 % 343/4 34 3/a 343/4 34% 34% 34 Va 34% 6,800 Pullman 65% 65% 65 3/a 65% 66 66 Va 66 % 66% 66 Va 67% 4,400 40 40 3/4 40 Va 40% 40'/a 40% 40% 40 3 40% 40% 15,300 60 Nov 19 58 Jan 2 Feb 25 45 Dec 31 39% Jun 23 48% Apr 10 Pure 37% Feb 11 52 Nov 19 453/4 May 5 54% Jan 16 Quaker 29 24% 5 Plough Inc Corp Jan 16 106% Apr 24 Va 44% Public Service Co 46 24 60% Public Serv Elec & Gas com—No par 98 Apr 107% Apr 233/4 23% 433/4 5 2 85 Va 413/8 8 3 12 853/4 42 % 68% Jan 29 85 413/a 43% Apr Jan 85 20% 75 9 Sep 81% 2.50 $3.50 convertible preferred 4 Oct 81% *122% 1 17 37 80 81 473/4 Feb 86 81 % 76 73% Feb 100 18,200 80 41% 853/4 ♦80 373% Jun 18 190 41% *74 Va 14 Apr 134% 42 76 $1.40 10 134% 40% 81 Co Mar 20 137% 135% 41% *74% 31 33% Mar 137% 135 Va 135% *80 Poor 92 140 10 2,200 39 135% 81 common 163/, 38% 135% 76 (The) 163/4 38% 135 23 Polaroid 91 % Mar 20 •137 140 16% 38% 22% 100 100 pfd„. 100 16% 24'/a 37% *80 39 5 *137 24 Va 16% *74% 50% Dec 16 140 16% 10 9 Jun *137 135% 16% *92 100 29 80 163/a 3/a *137 10 Plymouth Oil Co... 813/4 Jun 29 16 24% common Pittsburgh Young & Ash 24 Va 24% *91 1.25 2 28% Jun ' 24% 92 1 —100 *.91% *91 ..10 No par No par 293/4 Jan _ 30 *91% 37% 2 2 5,100 91% 37 V8 24 18 92 91% 373/8 89% Mar 23 Feb 92 93% 29 % Feb 93 45 37 953/4 Apr 95 44% 37% 14 30% May 453/4 97 Va 91'% 88 5 45 •943/4 91% 25% May 19 7 46 97% 37 12 29 46 47% *78 ...1 20 Oct 80 ; 31 83% Nov 490 1 Dec 82 10 7,400 59% 815/3 preferred class A 5%% 1st series prior pfd Pittsburgh & West Virginia 5%% 32,700 93 Va 5% Procter 15.100 29 58% No par preferred Pittsburgh Steel Co Pirtomac 46% 593/8 <fe Chic Ry com.100 guaranteed & 10 72 453/a 72 813/4 5 Metallurgical Inc Pittsburgh Plate Glass Co Co 29% 100 com Pitts Pittston 90 28% 46% 28% *71% 280 310 *71% 45% • 101 58 28% Dec 26% Jan 71 % •100 813/4 42% Jan — 30 3/s 71% 101 59% 78 % Nov Nov 46% 29 72 *100 90% 83 10 Jan 44% 30% 101 90% 533/8 31 90 44% 283/4 *71% 72 101 92 *81% 55 15 44 29% 223/4 Jan Jan 101% 45% 27% *71 % *100 ♦90% 5 (conv) 17 28% May 14 101 % 3 preferred preferred Pitts Ft Wayne 7% *100 *90% 100 Chem Co convertible Forter Co 883/4 Dec 84 Pittsburgh Forgings Co 128 13 Coke & $4.80 128 Aug 11 83 _No par 25 28 3/a Oct 84 100 preferred 223/8 Oct 81 84 50c common 93% Jun 2 85 „ 6 25 *84 preferred 2 67% Feb 94% *21 60 100 16% Jan 15% Jan 96 common preferred Pillsbury Co 473/4 July 17 25 14% May 13 *95 preferred 823/4 Jan Jan 51 '% 213% 95% 100 Piper Aircraft Corp Pitney-Bowes Inc..: 14 50 S/8 21'% 100 Phillips Petroleum Phillips-Van Heusen Corp 523/4 Mar 23 44'/a Jun 23 503% Corp common preferred series A 3.90% Mar 23 Jan 36% Feb 59% 21 ... Philip Morris Inc 14 *95i% 61% 50% & Reading Corp 33/4% Apr 30 65% Mar 10 97'%: 21 4.68% preferred..... 104% Jan 26 71% Nov 12% Jan 57% Jan 59% 100 4.30% preferred Jan *951% No par com 4.40% preferred 3.80% preferred 99 100 12.50 No par 100 common preference conv 15 88% Apr 13 103% Apr 4 Jun 99 Phlla Apr 8 223/4 Jan 20 30 93% Feb 5 57 9 25 Jun 107% May 81 100 31 24 7 70% Mar 23 4% 2nd preferred (conv)__ Phelps-Dodge Corp Mar 30 100 11 Inc No par Oil 5 a Q 131 23 Oct 28 July 28 For 146% Apr 23 28% July 24 footnotes se»> uagp 127 24 ■■ Jun 25 Feb 25 140 Mar 27% Jan 5 20 6% Oats Co preferred common .5 100 Quaker State Oil Refining Corp_10 \ 47% 129 25%- 473% 129 25 Va 47 Va 48 47% 127 Va 129 *127-% -*25 26 'i 25% *25% 48 129% 25% 47% 48 % 47% 48 128 % 128 % *127% 129 25 % 25 % 25 Va 253/4 4,700 180 1,100 , 23 The Commercial and Financial Chronicle . . Monday, July 27, 1959 . (376) STOCK RECORD NEW YORK STOCK EXCHANGE LOW STOCKS Car Prarlon* Par AND Friday tTi»» Weelr July 24 Thursday July 23 July 22 July 21 July 20 Sales for PRICES SALE HIGH Wednesday Tuesday Mondav STOCK YORK EXCHANGE Highest Lowest Highest Laweat NEW Jan. t Range Since Year 1958 Shares R 75 % May 24% Dec 10% Apr 10 45% Apr 8 60% Oct 14% Jan 13 23% Dec 21 % Feb 28 69 Dec July 14 31% July 25 25% Jan 10 17% May 28 30% Dec 10 % 34% Jan 25% Jun 9 71 9 74% Mar 23 V8 Jan 9 33% May 56 Va Jan 6 73 19% Feb 9 30% July 10 51V8 Jun 15 73% Apr 27 Jan 21 2 33 Vt Jan 14 2 4% 4% 1 27% Jun 5 28% July 24 Reeves 9 40Vi Apr Reichhold 22 12% May Jan 12% Feb 5 20 % Apr 50 Vt Oct 13 10 % Dec 31 31 2 18% Jan 27 42% Jan 8 May 20 16% Jan 2 38 % July 23 Jah 7 60% Mar 5 28% Jan 7 18 22 Jan 9 10% Jan 2 55 24 2 00% Jun 29% Jun 54 7 19 Va July 15 9% Dec 11 8% Jan 22 11% July 7 14% NoV "19 13 Va Jan 6 14% July 7 37% Apr 8 77% Dec 19 Apf 8 80% July 7 Republic Steel 54 Va July 5 9 46 Va Jan 28 2 33% Dec 9 30% Jan 7 63% Apr 14 50% July 7 65 % Feb 9 119% July 24 32% Jan 10 78 Va Dec 31 0 47'/a Dec 12 48 Va May 12 45 % Mar 22 10% Jan Oct 14 109% Dec 1 1% Jan 3 2 Feb 28 55 16 22% Jan 2 44% Dec 16 36 Jan 2 5% Oct 13 4 12% Jan 2 35% Dec 343/4 Dec 30 4 July 18 28% Jan 2 28 41% Dec 50 July 20 July 15 Rlegel 55 31 17 23% Jun 1 29 % Jan 2 39 % July 24 Apr 2 505 Dec 18 481 % Jan 29 691% July 20 90 Jan 6 96 Jan 28 83 % Jun 30 Jun 5 30% Oct 2 22% Jan 20 Jan 92 Rohm 4% 30 25% Dec 8 17 12% Nov 20 10 % Jan 7 14% Mar 25 2 20 % Dec 2 19% Jan 34 May 27 Roper 20% Apr 24 26 Royal Royal 13% Jan 3 16% Nov 24 16% Jan 2 2 $7% Jan 13 53% Nov 20 40% Jun 24 50% Jan Jun 24 24% Jan 2 Jun 22 16 Corp Royal McBee Corp Rubbermaid Inc—1- 30% Jan 2 Jan 14 11% Dec 30 10% July 2 14% Mar 25 Ruppert May 22 42% Jan 24 May 25 90 35 9 24 10 81 %Jun 233 % Nov 19 17 84% Dec Jan 161 236 28 Jan 2 2 35% Nov 31% Dec 1 10% Jan 2 21% Oct 30 Oct 29 10 21 28 11 31 24 17 22% Jan 24 7 73 26% Jan 2 40 % Dec Jan 20 63 Apr 90 97 Nov 1 2 26% Oct 25 July 10 17 18% Feb 12 82% Jan 13 34 Feb 20 36% Dec 10% Apr 16 20% Jan Dec 48% Oct 61% Dec 258 30% Jan 38 Apr 1 Jan 27 July 8 72 Jan 79% Apr 25% Jun 9 Jun San 4 10 2 Jan 45 52% Feb 9 10 48% July 23 Feb 9 2 21 12 05% Feb 12 74% Nov 11 72% Jan 3 75 Oct 3 86 92 Oct 2 99% Jan 15% Mar 2 87% Mar 5 Scott Paper Co common $3.40 preferred Jan 20 81 24 87 May 22 95 19 May 5 28% Oct 2 71 Nov 12 85 % Apr 10 6 Jun 12 7% Feb 4 21% Apr 7 39% Sep 30 17% Jan 10 25 Dec 11 23 8% Jan 2 16 Sep 3 Jan 3 48% Dec 4 Dec 22 39% Jan , Jan 6 10 % May 6 19% Dec 22 17% Jan 4% Mar 5 11 Oct 24 9% Jan 20 15V8Mar20 Jun 12 91 82 1 18% Jan 8 22 14 18 V4 Jun 23 22 20% Sep 30 17% Jan 23 Jan (Frank Simplicity 67% Apr 2 14 Skelly Oil July 23 Smith (A 72% Sep 30 58% Jun 25 74 Vi Apr 19 44 Vi Jan 22 64 2 23 Va Oct 14 13'/a July 20 2 25% Dec 17 22% Feb 16 Jun 4 23 45 13 52% Apr 25 42% Jun 15% Apr 3 21% Dec 18 19% Mar 0% Jan 2 20% Jan 2 47% Jan 14 34% Dec 25% Jan 32% Jan 13 49% Jan 2 24% Jan 13 28% Jan 2 Jan 9 May 52 7 33 30 34% Dec 30 22% Jan 29% July 52 V» Jan 26 9 24 Vi May 29 8% May 18 Jan 26 21% July 20 52% Feb 7 49 Apr 25 38 5% South 32% Jan 2 South 3 32 Va Jun 29 35% Mar 17 54% Jun 19 63% Mar 25 61 V< Dec Amer 8% 37% Dec 29 34 Feb 24 39% July 22 Southern 31 34 Va July 15 37 V» Mar 16 Southern Dec 2 44 % Dec 9 2 37% Jun 4 46% Jan 22 Southern 22% Jan 8 87 26 92 Nov 12% Jan 17% 2 Apr 17 Apr 22 85% May 15 18% Nov 20 17 2 95 9% Jan 2 27% Oct Jun 15 May 7 30 21Vt Feb 88 9 May 20 22 % Jan 2 62% Jan 3 79% Sep 24 77% Jan 2 2 31% Dec 29 26% Jun 10 footnotes see page 5 26 71% 8% 8% 8% 8% —8% 36% 36Vi 37 36% 373/4 36% 37% 8,200 11,600 24% 24% 24% 24% 24 Va 24% 24% 24 241% 221/2 14,300 37 33% 38% 39% 38% 39 Vt 16% 16% 16% 16 3/4 16% 17 77 76% 77 76% 773% 76 Va 76% 13% 18% 19 20% 18% 33% 46% 18% 203/a 19 20 20% 18Va 33% 46% 20% 17% 33% 47 19% 20% 13% 183/4 20% 17% 34% 33% 47% 76% 1 50c 1 1 18 32% 46% 97 54% 54% 98% 100 % 27% 59% 64% 58% 13% 27% 59% 65% 58% 14% 28% 59Va 64% 58% 13% 28% 28% 28% 58 *54% 1 5 25 10 5 Inc 5 Co —15 1 4.50 com — 2.50 5 com Gas Co stock Service Bros Inc _ Sperry 13 common $4.50 preferred preferred 23 58 % 58 43 20% 6% 35% 23% 58% 433/s 27% 58/a 43 58% 38 Va 38% 38% 39% 38% 34% 34 Va 34% 34% 34% 38% 39 Vt 39 39% 39 Va 38% • 42% ' 34% 39 y4 43% 21% 6% 35% 51 Vi 25% 22% 32% *50% 25% 22% *32% 20^8 ^6% 35/2 21 6% 35% 51M»_ 25% 23 32% 59% __ *50% 25% 22% *32% 59Vi 7,900 2,100 10,700 18% 18% 18% 35,400 20% 20% 203/a 25,000 17% • 17% 17% 4,100 33% 16,100 34 Va 47 % 32 Va 43 56 Va 57 102% 103 700 58 *47 4,100 3,100 103 Vt 6,400 29% 29% 30 59% 58% 59 Vi 65% 64% 65 3,700 64 63 64 11,600 14% 14 Vt 14% 17,500 28 28 Vt 23% 59% 43 % 20% 6% 36 51% 25% 25,900 2,600 59 Va 60 % 17,400 43 43% 71,500 20% 21 3,700 6% 6% 6,400 35% 35% 3,400 *50% 25% 51 Va 800 25% 3.700 23 22% 23 32% 32 Va 32 3 4 1,000 60 58% 59% 15,900 39% 38% 39 22,200 34% 34 Va 34% 39% 39 Vt 40 12,200 70% 13.700 57 700 70 Vt .71% 69% 70% 70 Va 70% 70% 70% 70 55'/a 56 Va 55 Vi 55% 55% 55% 55% 56 Vt 56 Vt 18% 19 18% 18% 18% 19 19 19 18% 77 73 73 42 Vt 42 42 Vt 42 43 Va 5,600 20% 20 Va 20% 400 *73 *73 77 41% 20% No par s 28% 61 59% *20% —2 29% 58"% 64%. 61% 14% 20% 6% 35% 41% 50c 25 29% 59% 65% " 62 14% 59% 41,% 1 14% 28% 583i 64% 61 13% 28% 59% 643i 59% 1 2.50 6 100 56 100% *50% *25% 22% 32% 1 Co Spencer Chemical Co common 4.20% ,.100 - 47 55 56% 101% 101% 58% 43% 21% 6% 35% *50% ~51% 25% 25% 22% 23% 32% 32% 57% 43 21% 6% 34% 33% 7.50 tr ctfs 18 32% 46% 543/s 99 % .—No par No par 34 Va Spiegel Inc common 22% 3,100 23,300 76 38% Square D Co 4,700 44 37% 5 Public % 23 % Va 17 Edison Co - 37% 25 Corp 8Va 16% Co Rand 8% 76 Co Sugar & *69% —70 8% 36 Va 37 Rico Spalding (A G) 70 71 8% 36 % Indiana Gas & Elec_.No par Sparton Corp *69 Va 71 190 17 non-cum $4.50 *70 37% 21 7 71 % 25% -60 17,500 100 17 28 V4 May 36% July 22 26% 35% 97 Vt Feb 84% May 25 25% 24% —1 .No par ——_No par preferred. Spencer Kellogg & Sons 51V4 July 20 25% 25% 120 21V4 Mar 16 22 20 % Jun 12 25 24% 7,300 - 5.600 "" 25% Dec 85% Jan For 9% Mar 78% July 17 89 Va Apr 10 89 . 89 2.000 13 2 39 *87% 14% 68 Vi Mar 13 27 78 Va 89 78 Va 78'/a 89 39% Feb 6 Va Jan 78% OO 80 *87% 14% Mobile 56% Jan 80 <y *78 87% 39 Vt No par 20 19% Apr *78 80 15 No par 3 10,300 83 Vi 3934 (Del) 13 12% 82% 39 Vt Pacific 30 12% 83% *14% Railway common preferred 7% Dec 3,000 123/4 82% 15 Va 5% 22% Oct 48 Va 12% 82 :?■ 39 Va Southern 67Va Oct 48% 13 80% 14% Southern 8 48% 12% • 39 Va 19' 3 47 Va 47 13 Vi 82 ■ 14% 15 2e 47 Va 28.000 39% 29 Jan 35.100 14% 19% Jan 2% Jan 3.700 39% 74% 39 Va 60% Jan 12 17Vt 74% *86% 74 Va Jun 49% Apr 17 39 74% 47 58% Southwestern 17% 39% 74 V* 14% 8 47 Va May 12 17% 38% 74% 39% 9 2 17% 39% 13 40 Va Jan 10 *14% 63 V4 Jan 31 3,600 12% *86 Va 18% Jun 40 Va Dec 42% '2.50 53% Feb 10 42% 1,600 29 Jan 42% 22,500 31 32 5,200 42 2 4% July 15 20 26% 8% Dec 78 93 V2 26 Vt 36 '/a so Ohio 54% 93% 26% 81% 25 & 53 Va 95% 26% 53 Vt 12% *70 19 13 47 16,000 54% *93 Va 82% 24% 56 Nov 47% 87% 65% Dec 70 74 Va *73 2 Jan 73 Va 11.000 12% 10 75 •76% 400 : 82 Jan 30 79 >/t 13% E & G Natural 24% *78 Vt 38 17 V4 36% "74 46% 10% Jan 34% Jan 17% 36% 73% 1 California 35 24% 79% 86 Va preferred Southern 24% 470 8.300 13 Va & Platinum Gas Puerto 24Va 95 42% 17% 36% 1 36% 35 *34 *85% preferred Jersey 42% 17% 35% 83% 13% Co. Gold South Carolina 26% May 21 6 Aircraft 42% 43% 255 83% 42% 26% "36 Va 17 28,700 37% 36% 26% *93% 26% 2,100 86 % Socony Mobil Oil Co Inc South 95% 2,600 5,700 12 35% 53 % 52%, 52 14% 43 Va 11% 35% *78 79 Vi 93 Va 14% 42% 35 V4 25 V4 36% Smith Kline & French Labs—No par Solar 27% 12,700 13% Inc Co 24% 26% * 96 17% 86% Marchant 8mith-Douglass 34% *73 79 17% *34% 35 51% 51% 43 , ' 24% 1,600 104,500 13% Corp Smith-Corona 23% *78 32 % 2,600 19% 41 Va 86 Va Co O) 5 30 May 29 36 79% 26% *36 Va 28% 40% 22% Co Pattern 7 61% Jun 6% July 16 30 Va Jun 9 24% Jun _ —— —— 8 10% July 24% 51% 35% .36 27% *19Va 13% Sinclair Oil Corp 46% Dec 44% Jan 24 *78 *34% 4,300 86 Va Steel & 31 Va May 22 7 i Saw 103 Vi July 24 25 - Simonds 7 Feb 14% Jan 34% 35 *93% 83 % ,35% 35 % 35 Va 11 Vt 13% Co— 6 25% Apr 15% Jan 35 82 V4 83% 83% 84 *83 82% 11 Va *235 255 *235 255 *235 37% 37 Va 37% 37 Va 37% 255 *235 , 11% 6,400 87% Slgnode Steel Strapping Co 23 255 11% 10 20 Vi 13% 40 Jun 37 Va 37% 37 V8 *235 14% 43 87% 20 23 Vi 2 Jan 12 540 675 Vt *85 14% 17 48 12 22,100 672 35% 20% 11% 14% 42 14% 42% 11% 14% 41% 11% 32 300 39 Va 23% Apr 58 15 42 43% 30% 38 Vt 13% _ 18 Va Jan 15 42% 11% 42 — 3,500 29% 23% 33 % Jan 68 *14% 41% 11% *14% 43% *27% 28 19% 19% 40Va .41% 17% 17% - 57 % *54 23 Vt 22 10 27% 19% 42% 17% 11% 27% 19% 41 % 17% 16,700 47% Mfg Simmons 27% 19% 41% 17% 11% 29 19% -10% 41% 41% 17% 17% 52% 3,200 52% 23 Siegler 28 28 19% 42% 17% 11% 300 4 Vt 51% 57% 43% 85% 20 11 9,400 36 Vt 4 % 28% 30% 37% 38% 677 683% 87% 20% 11% 5.600 41% 36 47 Vt Corp. Sheraton Corp of America July 24 11% *85% 20 11 *85% 20% 82 41 Vt 23 % 45 Va Mar 25 Apr ' 87% 20% 31% 42% 36% 4% 48 % 20 58 87% 20% 36% 685 687% 37% 691% 35.300 24,600 2% 47% 6 51 * 2 - 22% 9 2 27% 37 27 51% *54 43% 27% 28% 36% 37% 682'% 683% 3,300 24% 48 Va 26 Va Jan 14 57% 43% 82% 42 *36 4% 52 *54 43% 23% 47% 16% Jun Jan *4% 52% 51 43% 37% 4% 52% 57% 43% *36 20,300 52% 81 *80 30% 25% 2% 83% 80 23% 2 2% 83% 83 52 Va 52% 52 % 500 2,700 163 160 160 157 156% 155 48 4 45% Jan 47% 47% 14 38 47 47% 32 Va Dec 17 47% 47% 21 Va Nov 20 13,500 25,300 _3 2 Nov 48% 119% 43 25 50 Va Nov 48 118 22 % G)_ Corp 43 *46% '■ 28% Shell Transp & Tr— New York shares ordinary Mar 11 2% 27 7.50 Sheller 47 154 83 36 1 30 1 Shell Oil Co 8 47 152 47 10,200 61% 49% 119% 49 49% 116% No par No par Jan 1 49% 113% 5 12% Jun 24 49% 114% 115% *46% 48% 113% 153% 60 59% 58% 58 Vt 57% 58% 57% 59 49% 114% 1.40 Shahmoon 26 22% July 70 V4 Oct 5.900 433/4 90% May 21 66% Dec 52% 233/4 24 20 Va Dec 52% 22 V4 75% Jun 23% Oct 3 52% *43V4 Sbattuck 2 52% 44 17 5 53 25 26 16% Sep 52% 43% 26 24 46% Mar 52% 22% Jan 50% Jan 20,100 52% 44 49 Jun 13 Va May 20 10 400 78% 53 % 25% 19% Jun 17% Feb 14% 77% 43 46% Jan 85% Oct *14% 23% 5 17 12 14% 77% 23% 7 39% Nov 13 Feb 14% 76% 10% 45 13 %Ja n 37 11 8% Jan 58 10% 14% 11 10% 11 23 32% May 46% Dec 25% Apr 10% 5,900 1 .1 ——No par $5.25 preferred—_ Apr 7 13% May 16,700 43% Dec 16 % Aug 21% 77% . 100 10 —10 Indus! ries Inc Shamrock Oil & Gas Sharon Steel Corp— 10 26% Feb 25 8% Jan ■ 59 21 Va 75% *85 20% Seiberling Rubber Co Servel Inc common.. 25 5 6 2,800 ' 21% *14% 687 26 39% Mar 11 40 20 10% 10 % 267% 36% 27% Jun 3 26% July 16 35% *57% 59 21% 21% *53 43i/u Sears Roebuck & Co..— 29% Apr 35% 19% 53% 57% 433/3 29 2 36 % *57% 59 *57% 4% 45% Mar 18 22 35 % 35% 35% 59 19% 20 36 4% 52% *54 427/,, 49% Jun Jan 35% 14% Seaboard Air Line RR Co 13% Jan 35 *57% 59 75% 1 20 Seaboard Finance Co.. * ;—1 Seagrave Corp.— ——U———5 Sealright-Oswego Falls Corp—. 5 9 2,500 14% 100 35 % Feb 1,000 55% 73% of Amer Screw & 'Bolt Corp 19% 55% 42% 3,65% preferred 10% Mar 11 xl8% 14% 25 40% May 25 13% 55% ' 74 1—No par 2 7% Jan 18% 55% 42% 37% 4% —100 5 ; $4 preferred ——— Scovlll Mfg Co common 13 Mar 17 78 July 16 69 / Apr 30% Mar 18 7 23 % Jan 9 Jan 77 18% 56 % 42 *36, . .<*4% 8chick Inc July 10 18% 55% 42% 8chering Corp common , 5% convertible preferred 76% July 20 39% Feb Dec 16'A Nov 19% 55% 41% 1.66% 100 Electric Co Diego Gas & 400 Vt 9 55 53 % (Jacob) 500 2,700' ' 10% 1 5 Sangamo Electric Co Savage Arms Corp —: Schenley Industries Inc__ 28 18% July 15 3 12% Mar 35 51% Apr 2 Jan 35 2.9% May 34% 9% 9% 9% *18% 81 25% - St Regis Paper Co common 1st pfd 4.40% series A— Mar 13 97 17 9% 19 v« 56% 52% —1 Co Preferred series A 5% 30 53% July 23 42% Jan 91% Jun 9,500 *80% 25 2 4.30% conv preferred 100 St Joseph Lead Co„ —_ 10 St Joseph Light & Power— -No par 8t L San Fran Ry Co com—No par 15 21 17 24 Apr 36% July 24 Apr 8% Apr 46 15 Mar 24 32% 9 V. 20 G 1 Safeway Stores common 4% preferred 22 32% 9% 80% 25% 2% 83% 20 . Ruberoid 95% Jun 33 % *8% 46% 100 Co 47% Mar 11 41% Dec 32% 9% 152 1 1 2 10 33% 52% . D, Corp Cola Co Dutch Petroleum 38% Jan 24% Jan 33 52% (deo 8 « 33% 80% 24 2 81% Crown 20 17 14.300 58% 1 1 25% Oct 14% July 23 28 % 80% 24% — 40% Nov Apr 27% 53 Haas Co common & 7 18 23% 48% 10 5 preferred series A— Ronson 30 27% 52% Company Rohr Aircraft Corp 7% Apr 13% Jan 27% *80% 24% 2 82% Corp.. 24% Mar 12 22% Dec 27% 111% Rochester Gas 312 28 400 ' 52% convertible preferred.—25 & Elec Corp—No par Rochester Telephone Corp 10 Rockwell-Standard Corp ... 5 30% July 23 22 / 14% 5%% 48% May 15 21% 10% Antelope Copper Mines — Robertshaw-Fulton Controls com—1 22 16 23 22% 5.300 ' 73% Roan 23 Jun 35% Feb 39% Jan 22 19% No par Corp Paper Rltter 53% Jun 19 31% Jan 10 Oil Richfield 5% Mar 17 I 22% 5 7 24 13 31% 22 % 100 1 5s Tobacco com (R J) July 38% Nov 31% 31% 33% —5 Brass 25% July 16 2 33% 31% *57% Chemical Co Drug & 27 19% Jan 20% 33% 31% 9% —10 Corp Jan 5 26 20% 33% *31% 18% 10 Preferred 3.60% July 14 Jan 27 20% *33 % 50c series Rheem Manufacturing Co..,. Rhodeslan Selection Trust Jan 20% 33% 55% 10 10 -.5 Reynolds 2% Jan 21 33% X32% 29 45 20% 34 33% 26 111 21% *33% 33 84 % Mar . 20% 34 27% 57% Apr 2 21 27% 24 32% Apr 53% 28 % 15 18 54% 52 % 31% 77% Jun 2 20% Dec 27% 54% 22% 79 % Jun 87% May 22 23% 53 22% 47% Jun 9 78% Jan 23 55% *31% 2.50 Reynolds Metals Co common 1 4%% preferred series A_—.—-50 4%% cobv 2nd pfd ——100 15 23% 54% Inc Rexall July 24 163 3 Mar 116 28% *70 31% . 300 29% 55 % 69 69 71 22% common Copper & Revlon 54% Dec 29 30 38% Jan Revere 39% Dec 10 44,700 70% 23% 53% 34 preferred Republic Pictures $1 convertible 2 8% Jan 23.700 71 23% 70% 23% 20% Mfg Co common -5 preferred 3%% series—100 Republic Aviation Corp 1 22% May 12 3,700 70 Va 53% Conv 25% Jan 1,303 35 Vi 70% 28 Reliance 7 41% Jan Co Reliance Elec & Eng Jan 66% 72 Va 34% & Co— 9% Jan 5 67% 72 34% 22 Reliable Stores Corp 17 60% Apr 29 67% 72% 34% 31% $1.25 div prior preference.. 16 11 15 Jan Oct 8% Nov 2 7 3% Jan Chemicals (Robt) Rels 67% 72 % 34% No par 50c 1 Bit Co—- Bros Inc. Jan 30 % Jun 67% 71% 34% —50 _50 preferred. 2nd preferred noncum Roller Reed 63 71% *69 1st noncum 67% 71% 34 No par 1 5 50 Reading Co common. 26 Jan 12 5 33 % 68 in 71 % ._ 43,300 67 63% 71% 33 % Inc 37% Jan 25 19% Jan 8 14% Oct 27 6 7% Raybestos-Manhattan Rayonier Inc Raytheon Co — May 22 33 % July 22 30 preferred 1st Ranco 6 corn—No par No par Corp of America $3.50 5 20% July 21 25% Aug 2 Jan 0 Radio May 11 Feb 69% Jun 43 Va 31 12 31 21 17 17 20 24 29 48% Dec 2 59 Va Sep 30 80y« Jan 7% 7%' 76% 78 Vi *86 Va 88 Va 17% 18 20% , 20% 41% 20 Va 7% 7% 77 Va *86 Va 88 Va *86 Va 17% 17% 17% 20 Va 7% 78 88 Va 13 *20% 7% 8 18% 73 *71 8 7% , 9,400 900 20 3,900 k 76% 76 Va *86% 88% *86 Va 88 Va 17% 17% 17% 17% 25% 26 Va 25% 26 75% 77 3,800 _ 2,000 97,700 25% 25% 26 91 91 91% 92 92 92 Va 92% 240 50 Va 50 50% 49% 49% 49% 49% 20,100 82 Vt 82 Vt 82 82 82 Vt 82 Vt 82 82 34% 36 V8 35 Vt 36% 34% 35% 35 Va 35% 24% 25% 25 Va 90 Vi *90 Vt 49% 51% 50 82% 34% 33 V4 41% *73 77% 7% 77 90 Vt *82 77 50 37,700 Volume 190 Number 5867 . . The Commercial and Financial Chronicle . (377) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous Year 1958 Lowest 40% Jan 74 2 69 % Dec 6 Jan 2 3 Jan Lowest 19 3 3% Nov 61% Jan 7 69% Mar 8 82% Feb Jun 14% Jan of of New Jersey; 64% Jan 23 Standard Oil of Ohio common 10 3%% preferred series A Standard Packaging Corp com 100 55% Jun 9 86 % Sep 17 21 94% May 26 85 10% Jan 2 29% Dec 30 27% Jan 36 Jan 2 89 Dec 29 84 23 Sep 3 33% Dec 31 31% Jan 6 11% Nov 10 14 Jun 18 12 % Jan 12 14% Jan 2 18% Nbv 6 • Jun 30 92 7 18 Jan Jan 8 2 20 Jun 26 61 Jun 9 13% Jan 14% Nov 20 5 Dec 11 43 27% Oct 22 Apr 38% July ' 7 7 117 July 6 41% July-.7 - Feb Stevens 8 42% Jan 57% July 8 20% Jan 27% Mar 13 7 15% Jan 19% July 13 15% Jan 18% Nov 28 177/a Jan 19 May 60% Nov 12 55% May 24 % Jan 65 Apr 2 157/a Jan 18 16 20 31 28% Dec 2_ Oct 66% Dec 29 9 Apr 1 79 Jan 16 87 Nov Apr 24 69 Jan 2 28% Dec Apr 26% Jan 15 20% Jan 12% Aug 14 2 221/4 Aug 14 25% Apr 38 Dec 97 Dec 19 9% Jan 24 Jan 13 6% Jan 7 Feb 25 1360 1865 22 Jan 5 19 38% Jan 5 106% Feb 20 6% July 1695 Aug 11 Jun 1 17 5%% Co Jan 51% 50% 511/a 45% 44% 45 50% 50% 50% 50% 561/2 56% 561% 56% 1 .1 series 13% Aug 19 11% Jan 14% Mar 29 Feb 6 9 Feb 3 35% Jan 2 52 94 36% Dec 30% Jun 25 38% Jan 12 553A Feb 89 16 74'A Feb 26 87 Jan 2 56% 56% 57% .56% 57% -57% 573/4 571/4 58 12,700 323A 32'A 32% 32% 32% 32% 33% 33% 34 20,200 533A 55'A 54 55 ■' 55%: 55% 56 57 56% -57 24'A 24'A 24'A 233A *24 24% 24 24 18 19 18% 24'A 18 5/a 233A 1 18% 18% 18% 18% 18% *18 18'A 18 18 18'A 18% 18'A *18% 18% 61% 62 34 62'A 63% 62% 62% 30'A 30%" 30% 30% 30% 30 % 30% 1,700 12% 12% 13% 12% 13% 12 12% 179,200 l 60'A 61 60% 60% 60% 61 60'A 61 60% 60% 2,800 30% 30% 31 33% 333/4 34% 33% 34% 34% 12% 13 12% 13% 12% 13% '55 _30 ; 22 25 Feb 8 24 16 23 2 38% Nov 21 2 19% Jan 30 Dec 13 Apr 413/e Feb 29% Dec 2 25 May 20 90 28% Aug 5 25% Apr 18 21% Jun 24 14 45'% Jan 31 Jan 2 46'A Nov 16% Jan 2 26% Dec 7 16 % Dec 15 42 May 27 21 1 12'A Jan 84 Mar 2 2 173/8 Oct 30 40% Nov 11 1 58 Apr 25% Nov 8 9 5 14 11 3 3 48 3% Jan 2 15% Oct 28 13% Jan 7 20 13% Jan 13 26% Oct 22 193% Jun 17 17% Apr 25% Apr 9% Jun Glass Mlg 4% preferred 10 24% Jan 2 16 33 8 7 43% Apr 10 13% Mar 5 Mar 13 1 Mar 16 Co " Tung-Sol 5% pfd conv Co series Twin Coach TXL Oil Oct 91 27 19 Jan Jan 2 36 32% Sep 79% Oct Udyllte 6% Jan Corp Union Electric Co 7 90 July 8'A Jan 2 29 '/a Jan 12 13 16 Jan- 2 United Mar 26 Air United United Board 17 July 21 United conv Carton : 12 13% Jun United Industrial 16% Jan 7 Merch & Mfrs Inc__ 2 21% July 24 2'% Mar 10 United l'/aJan 45% Jan 2 57% July 13 United 2 57% Dec 11 14 102 23 6% Jan 2 171% May 23 16% Sep 2 41% Sep 2 25 Dec 17 42% May 95% Jan 34% Mar 51% Apr 4 Greenfield City Apr Jan 26 U S & Foreign 58 Jan 21 Apr 27 U S 165 Mar 30 12 % Jan 29 Jan 26 2 11% Oct 29 10% Jan 7 14 % Apr 3 47% Feb 12 41% Feb 4 44% May 28 For footnotes see page 26. 10 —5 53% *105 97'A 30% 27 *91% 33'A *75'A *69 97'A 30% 27 A 93 A 36% Mar 2 17 1% U S Co Mach class A preference Industries 4%% Inc : common preferred series A 73 *71'A 73 85 *82 821/2 400 51'A 52'/a 49,300 34% 34'A 33% 34% 18,600 8'A 12,300 34'/s 34% 34'A 8'A 8% 8% 8'A 8'% 8% a% 333A 34% 34% 34% 33% 34% 33 'A 34'A 22'A 22% 21% 21% 21% 21'A 21% 21'A 1,500 43 % 433A 43% 43% 43% 43 % 43'A 43% 12,900 54'A 5334 5 4'A 53% 54% 53% 54'A 29,500 53'A *105 *105 125 125 *105 125 96 97 96 96 *95% 96 95% 30% 30% 3034 31 29 % 30% 29% 303% 27 2 7'A 27 27% 2 7'A "27% 26% 28 *91% 93% *91% 93% *91% 93% 34% 34'A *91'A 93'A 96 33'A 76% 33'A 35% 34'A 34% 76'A 7534 76% 76 76 76% 70 69%. 69% 69 8% 35 8% 8% 8% *34 22. 9% 34 3A 22 Ve 8% *34 22'A 34% 34% 34% 34% " 36% 36% 37 55'A 55'A 56 56 20% 20% 20 20 20 3/8 17 17% 17% 17% 19% 20'% 19% 20 l'A , l'A 36'A *55 8 3A 9 *34 343A 22'A 22% 34% 34 22% 6,300 343/8 36'A 37 22,500 55% 37 55% 28,000 553/a 203/s 1,600 17'A 18 3/o 18 18'A 30,400 20 21 Ve 21% 213/4 44,900 1% 1% 1% 55% 56% 55 56 56% 31% 31% 32% 32% 31% 32 31% 31% 40% 41% 42 41 Ve 43 41% 42 3/4 42 A 82 31'A 32 48'A 49 105'A 106 A *152 153 42% 83 83 83 81 83 10% *34 11% *43 11 34 A 82 82% 83 32 32 3/4 32% 32% 32% 32% 49% 49 49% 49% 50'A 4 8 3% 105% 107'A 152 10 3/4 *34'A *151% 106% 153 * 11% 34% 34% 35'A 12'A 11 % 12% 12 43'A 43'% 43'% *43 12'A 43'A 410 13,500 130 32'/a. 32 % 4,900 49% 50 8,000 105 106 151'A 151'A 60 11% 12'A 69,500 3 5'A 35% 35% 300 12% 11,400 43%. 100 106 153 11% .. 7,100 • 12% 104% *151% 10% 11 34% 10,800 1% 1% 56% 56'% 105'A 500 203/8 *20 58 /4 32 A 151'A 500 343/4 1% * 800 1,100 5,600 8% 55% *31% 40'A 82 3,800 70 70 69% 9.800 763/& 71 ■1,700 12,100 34'A 75% 70 V/j 56 10,200 120 *105 ^°78 50 400 75 52% 1% -1 17,100 92'A *70% 33 % 19% 50 34'A *91% 52'A 36 common—82%c 33% 91% 52% 34'% No par 4 100 eferred 34% 75 82 35 1 13,700 51% 55 20% 18 100 12,100 82 36 A 25 47'A 146 % 52'A 34% 1 91% 46% 146% 81% 55 20'A 17% 25 common preferred Hoffman 5% U S Mines 34'A 8,000 46'A 146% 50 3% 35% Securities pi 8% 92'% 45% 146 81'A 83'A 52% 34 % —10 HVe 10 Freight Co Gypsum Co common U S 120 8% Jan 34 4%% 8 22 5 Borax & Chemical Cotp com—1 85 6 8% Apr *81 2 1 Corp preferred 35 7 Jan U S Corp Mach 14 14 Jan 39 6% 25 147'% Jun *71% No par Co 17% Dec Sep 73 34% 18% Nov 21 65% Jan *72 % 34% 91'A 22'% 2 21% Jan 73 34 3 153 *72% 45 146 % 33% 92'A 213/4 Jan July 24 30% Apr. 28 *73% 44'A 145 34'% 34% 10% Jan 81 75 92'A 22'A United 6 *70'A 33'A 34% 20% July 20 18% July 14 2 75 77 73 21% 11% May 16 5'% Jan 2 Jan *70'A 33% 92'% 5 Improvement Co 37% Oct 45'A 1453/8 8 Corp. 90 45'A 1443A 1 Gas 2 44% 45% 144%. 146 6% (Del) Gas 4 19,800 Engineering A Foundry Fruit Dec 10,900 28'% 12 % Corp United 26% Jan 14'A 12% Electric Coal Cos United 78 13% 28 13'A United United 6 14'A 29 13 United 9 38% Feb 13% 28% 13% United 17 33% Apr 29 14 29'% (Del)_. 22 30 30 12% No par 42% Jan 30% Jun 3,400 13% 9% May 19 Shoe 16,700 9% 2 8'A Corp Co—— 58% Apr 22 38'A 39 13 No par 19 47% Dec *37 29'A pfd—100 10C 1 29 37% May 20 48% Jan 8 9% 9% 38 100 13% 37% Mar 16 Park 37% 38'A 38 4,200 65 12 3/4 pfd conv United-Carr Fastener United 9% 39 - 44% 133/4 America—No par of & o 37% *63 283% 23% July 45% Mar 9% 66 1,200 5,800 15,800 10 48»/a Jan. 13 2 *37 40 64 38% 43% 44% 53 26% 573A 13'A Inc Corp Carbon 9 ■ 9% 25 % *52 20% 22 43% 33 '/a Jun 29^ 38% 9% 44'% *63 52% 53% 253A 573/4 20'% 8 33'/a Jun Jan 64 39 44'A 25'A 13% Co— 31 32% Oct 66 *36% 8 A preferred 10 44'% *53% *53 213% 33% 22 ... 44 A 54% 125 1955) of Biscuit $4.50 *63 44% 25% 573/4 20% 8% Lines Artists United 43% 53% 25 28/2 Aircraft Corp common United 53% *53 58 21% 33'A 30 15 25% 20% 34% 50"% Aug 28 21 531% 25% *52 13 common Co 50 2% Oct *52% 300 20% No par Car 40% Dec ^ 32 11,800 20 preferred———10 non-cum 2 2 8,500 425% 20% 10 Pacific RR Co 4% 2 16'A Jan 22'% 42'A 19% 50% 2 31 22% 42% 24,600 25 34% Jan 16% Dec 22'A 42 % 15'% No par -10 27% Jan Dec 22 423/8. 28,300 . 14% No par 32'A Mar 26 18 16% Oct 23 42 5,300 .67% 13% California 9 71 22% 42% " 27% Corp series $4 of (ser 46'A Mar 10 23% 42% 9 % No par Oil (ser of 1956) 29 22 % 38% Preferred July 15 38'A Apr 88'A Apr 39 9% Preferred $3.50 series. 4% 13 30% 39 38% 33% 92'% *73% *72'A *82 4% 21 Jan 30 39% 15 'A No par 3 69 31'A 39 3A 66% 15 5 common 66 26% Jan 30% 39 15 No par Mar 24 31'% 39 14% $4.50 series Union 95 66 30 3/4 14% $3.70 series 109% Mar 26 8 67 14% Preferred Union 4,000 40 9% 40 " 30% 38% *36% 66 14,300 16'% 66 *39 44% 66 _ 14% Preferred 22 *63 66'A 5,200 563% 24'A 16 14 % 4 53'A July 10 30'% Jan 44 18 136 12 4 58 653A 56 23 " 250 . 1 Paper 9 8% Nov 2 34% Jan 15 22% Jun 40 87 *85'A 87 No par (The) Corp— 7 34% Nov 21 8 2 11% Jan 15 *85'A 30 65 30% *52 50 Asbestos & Rubber Co 2 Dec 48 May 21 22% Jan Apr 100% Mar 12 10 45 37 86'A 1 Twist Drill 26 of 1957 Corp Union 27% Nov 8 6'A 86'% 1 4 24% Feb 50 common Corp— 3 65 29% 50 Co 25% Feb 27% Dec 1,200 1 Twin City Rap Transit com__No par 5% conv prior preferred—. —50 17 2 9,500 22=% 20tli Century Fox Film— 20% Jun 15% Jan 253/8 22% 2 . (conv) Bag-Camp Apr 25'A 223A? common—___1 A Electric 6 July 25%: 22 5% 86% 25% 24% Feb July 25'A 22% 53% 18% May 93 'A 255% *22% 25% series Tank 51 Ve 25% 22% 53% Preferred Union 117 % Jun 25% 22% 87 22% 6 Aug 25 % 22% 42% 26 Aug 25% 22% 42 % 19 69% Aug 25% 22 9'A Feb 143 *85% 1 Truax-Traer Coal Co 7,400 25 —5 Airlines 37% Jan 108 120 ._1Q Inc__— World Carbide 25 £3% Corp common $2.70 preferred— Trans 38% Feb 2 6,400 122 —100 Tri-Continental 9 31 31% *39 26 Jan 56,600 2 12 Jan 29'% No par Jun 91 28% __ — Jun 52% Jan 28% — 33 % Feb 111 28 16% Union 45 28 23'A 18 6 27% *120 56 3A 31 30% Jan 28 16'% 9% Dec 33% Nov 27% 22% 37% Dec 21% Jan 28% 55% Apr 36% Dec 27% 16% 26% Jan 8 9,300 23% Union Mar 73'% 55.% 2 87 71% — 149'% May 29 35% Mar 16 77% Fob 74% 120 16 Underwood 29 73% 120 55'% Union Apr 74% 120 22% 14 July 73'A 120 16% 30% Mar 13 May 22 73 % 55% 14% Jun 44 121% 72% 22% 2 81 *119% 73 55 2 71 120 73 16% 107/s Jan 24 120 22% 20% Jan 25 23 16% 4 Mar 24 22% 56 11 Apr 22% 22% 127/s Feb 81 21% 16% 11 % Dec 54% Jun 21% 54% 23 % Dec 94 21'/a 22% 2 4 21% No par 2 10 20% Tishman Realty & Construction_.„l Toledo Edison Co 5 19 13 21 Co Tidewater Oil common—. $1.20 preferred— Timken Roller Bearing- 5% Jan 40% Jan 21 No par preferred— conv 12 % Jan 70% Sep 80% Nov 5,500 1 ——— 23 5 27 283% 3,700 36% Jan Apr 28'A 10,100 5 75 ' 66'/2 39% Dec 29 14,800 29 6 53A 6 Apr 152% 28'A 65% 32% Jan 84 150% 29% 65 15 98 % Mar 151'% 28% 65'% 16 75'% Jun 153% 29 64% Jun 5 153% 151 % 28% 65% 343/4 Jun 19 1553A 29 64% 9 Jun 1523/4 28'% 64% 6 1 90 155'A 153% 10 6,200 16 30 Ve Jun 95,900 35% 21 23 21,400 193% 35 15% Jun 31 7,000 35% 19 34 55% Dec 32% Dec 29% 35 19% 34 42 'A Nov 103% Jun 29 36 19% 34 2 2 29 % 35'A 20 33% 3 5 28'A 36% 19% 34% 8 15 28%. 35% 20'% 33 10% Jan Sep 27% 37% 19% 35 21% Jan 81% Feb 28% 36 % 34% 7 92 28 38'A 203A 28% 26,300 34% Jan 27% Jan 28'A 363/4 20 34% 16 Apr 44,400 52'% 36% Dec 51 23,900 82 52 20 9 33'A 81'A 33% 23 % Feb 28 33'% 81%— 30% 56% Jan 12 33% 81% 52% 59 Jan 8,600 33% . 33% 26% July 24 9'A Jun 81% 81 30% 12 41 33% 81% 33 81 52'% 14 I2OV2 Feb 33% 33% 80% 33% 22 20 33% 33 • 29% Jan 31 89'A 53'% Jan 29 88 . 33% 52 Nov 90% 94 29% 21 44 86% 92 52 52 126% Dec 92% 92% 33 % 7 17 90% 90% 2,000 29% 13 30% Mar 25 14,400 52% 17 83% Apr 6,800 14% 33% 42% July 15 24% Jun 18 75% Mar 11% 14% 30 Oct 9 43'A 11% 15% 51 % 53 54 'A Jan 43 12 14'% 33% 2 Jan 44 11% 15% 29% 17 45 43% 12'% 52 % 14 54% Mar 44% 500 33% 16 Feb 24,400 30% Feb Jun 121/4 51% 29% Apr 42% Mar 12 33 % $1.25 Trane 38% Feb 12% 15 33% Transamerica Corp Transue & Williams Steel 16% Jan : 11% 5.800 50c 15 7 23.800 12 common 26 Jan 46% 30% 16% Jan 52% Oct 43 Inc Jan 15 10 29 39% 26 45% 100 Jan Jan 25 % Jun 3 38% 26 46% 44 Co 70 60 5 2 Ry 32 2 Feb 10'A Jan Pacific 15 37 40 27 15% >26 1 17%.Apr 65'A Dec 39 ''26 82% 39 12% Oil 59% July 10 32 3A Nov 2.740 Trust— 24% July 24 Jan 15 1815 No par Coal 2 2 1806 44% No par 15% Jan 23% Jan 27'A Jan Jan 1814 1800 ,_5 24 Jan Co 193% Mar 11 21% May 15 21 88 1815 Thatcher 70% May 2 6,300 Thiokol Chemical Co 1 Thompson (J R) 15 Thompson Ramo Wooldridge Inc— Common 5 10 8 Producing Texas Utilities Co 35% July 24 17 7 4 16 Jan 813A Oct 1,200 7 2.50 i 1,100 7 15 27 22% 100 6% 7% 1800 221/4 6 Apr 21% Nov 20 May 56% Feb 15 Dec 36% Mar 72 22 1 73 Jan Apr 24 47'% Apr 17 . 1,200 33% 100 11% Sub share ctfs ex-distribution Textron 33% 22'A 100 3,300 — 99% ,100 44 & 16 33% 22% 153/4 Inc & 6% 1810 •• 22% 123% Pacific Land Texas 7 33% 100% 43% Pacific 74% July 23 29% July 10 31% July 13 22% 100 1434 Instruments 124% Mar 18 33% 22'A 100% 11% Texas 21% Dec 33% 22 % *100 43% Texas 28 33% 22'A 1 Texas 9% Apr 153/4 Jan 33% 1 159% July 15 39% Jan 23 9 23,000 .—9 9 18 251% 12%' 27 Feb 25% 12 61'A Jan Feb 25% ~ : 12% 27% Jun 63 33% *22 • 11% Corp Tennessee Corp 26% May 18 25 % *33% 25% 12% 1 112 25% 11% Dec 8 25% 60 1 39% Aug 22 11 25'A 59% 45% 86 Dec 25'A 60 46% 2 17'A Dec 25% 4,400 59% 59%' 40% 25 67 59% 26 24% Dec 2 59% 131/a 88 39 263A Jan 7 59% 4,800 13% 87% 45% Gulf Sulphur 6'A Jan 60 34% 13% 26 Texas Gulf 44'A Jan 59 2,300 88'A 12% *86 88% 39% Texas 14% Mar 10 *86 46% 25% Mar 16 28 88'A 27 14 37% July 14 Nov *86 45% 35 % Apr 133 88% — 45% 1 2 *86 , 451/8 July 24 98% Jan 200 62% Apr 11 500 " *18 11% 19 27% Jun —. 4.800 4,000 30% 27 — — Aug / 62 10 ' - 12 ~8 37 18% 30 3/4 243A Nov — - 62% 2 • 3/4 11% 13 . 500 30 Jan 15 20,300 17% 62% 22% Jan Dec 1,800 65% 5 Corp Aircraft 22 65 *17% l Tennessee Gas Transmission Co 5 Texaco Inc _25 Texas Gas Transmission Corp 5 24 173/4 32'A (James) TelAutograph July 21 *211/2 651% 17% ' 25 Talcott Inc Temco 21% 64'A 55% Symington Wayne Corp 2 21% 18 18 391/2 19% Jan 21 18 61% 173/4 39 44% July 16 13% Mar 16 21 22 61% Co 14% July 15 23,000 1 Paper Co Sweets Co of America S 23,500 34% 40% 21% ♦26 Swift 19 17% 34% 17% Sutherland 40% July 23 17 17% 35% 61% 5 May 11 29% Jan 23 5 9% Nov 17% 34% 22% —4.16% 2 3 Jan 36% Dec 17 34% 17% 1765 20% Dec 16% 61% 1785 8 800 40% 16% 33% 21% 1775 2 40% 40% 40 1 25 9% Jan 40% 100 115 34'% 6% 33/4 Jan *110 115 3,900 25,300 16 6% Apr 9 38% 33% 6% A 86 161/2 Superior Oil of California 47 *108 56% 86 37% 35 10c 38% Jan 2 39% ' 16% 115 56% 38% 371/4 38% 16 Co— Mining 35 Jan 39'/4 ♦108 56% 37 56% *86 87 36% 110 100% 25 9 *106 39% *85 36% 100 % 30 21 108 *38% 87 35% 12.50 38% Aug 27 58% Nov ♦104 *85 35% 15 of 42% Sep 29% Dec 25'A Mar 18 57% 88 35'/4 34% Inc 2 2 56% *85 41,900 35,000 145,500 5 common Sunshine 23 20 22,000 20 3 18% Jan 4% 5 3 2 4% „5 19% Jan 2 4% 51 common 31% Mar 7% Jan 4% 5 29% Jan 5 4% 30,800 l Corp pfd 4% 44% Inc Sunshine Biscuits 87/o Mar 20 2165 2nd 4% 51% Sunray-Mid-Cont Oil Co common 1 4%% preferred series A 25 15 94% Jan 4% 5,600 . 19 51% $4.50 series A preferred—__No par Oil Co No par 24% Apr 29 Jun 33% Jun f 18% 45% Sun 27 19% 50% 1 29 18% 51 Sun 17 Jun 19% 451/4 Webster- Chemical 18% 50% 15% <Mar 20 9 18% 45% 94 Mar 13 181/4 51% 8 65% Feb 771/4 50% 2 24 68% *76% 51 38% May 29 13 2 25 30 72 July & 67% 77% 44% Storer - 26 66% Jan 57% Jun 23 30% Mar 19 11% Jan 87 Stone 68% »76 % , 50% Broadcasting Co Studebaker-Packard Corp Sunbeam Corp Suridstrand Corp 15% Jan 9% Jun 50 24 59 33% Mar 25 > 68% 76i/4 511/4 ; Stokely-Van Camp Inc 5% prior preference 6 37% Jan 68 76i/4 451/4 Stewart-Warner Corp Stix Baer & Fuller Co 12 Dec 67% 77% 5 1 16% Oct 67% 50 Co_ 34% July P) & Shares 671% *76 50% Sterling Drug Inc Chemical (J the Week July 24 No par (The) L S__ Sterchi Bros Stores Inc 22 Friday July 23 44% 7 20 Stauffer Thursday 25 20 Starrett Co Sales for PRICES SALE July 22 6.25 convertible" preferred 59% Jun 26 % Feb 26% Dec California Indiana Apr 21 18% Jun 23 22 14 Electric Co & Standard 71 15% Jan Jan $1.60 Inc $1.20 convertible preferred Ry Equip Mlg Co Stanley Warner Corp__r I 17% July 23 35% July 17 23"% Jun 8 10% Jan 2% Jan 4% of 31 39% Feb 4Va Oil 59'/a Dec 20 10c Oil 24 45% Nov 18% Oil 42% Feb 2 17% Standard 23 Jan 1 Standard 24 49% Jun 17% Jan 771% Standard 44% Jun 29 67% 17 3 12 54 67V4 26 Nov 60% Nov Gas Co HIGH Wednesday July 21 *761/4 59% Jan 50 Coil Products Standard AND Tuesday No par 52 % Apr 61% Nov 18 Standard • Monday July 20 No par com 4% July 21 62% Jan 23 21 14 Standard Brands Die $3.50 preferred 23% May 11 25 29% Jan '■ 3 24 Par 2 47 'A Feb 15 LOW EXCHANGE 3% May 29 49% Jun 24 19 35% Feb 10'/8 Jan STOCKS NEW YORK STOCK v Highest 73 85% May 2 17% Nov 28 Aug 29 43% Feb Range Since Jan. l Highest 12 12'/a *43 43 % 12.% *43 12,600 " 25 The Commercial and Financial Chronicle 26 (378) Monday, July 27, 1959 S " I NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS Badfor Previous Highest Lowest 8V4Jan 24 Ve Jun 18 Jan 22 8 2 58% May 18 99 21 Jan 1 100% Jan 18 154 Jan 22 36% Nov 11 41% Oct 14 45% Feb 6 10 136% May 18 69% July 7 143 J/4 Jun 17 154 33% Jan 19 43 73 Sep 15 82, Jan 3 21% Jan 88 76 48% Nov 2 25% Jan 2 46% Jan 53 % 3 51% Jan 13 143% Oct Dec 108 7 Apr 14 31% Apr 3 30 2 Sep 25 Jan 15% Jan 21 U S 106 y2 July Co U 8 54 % Feb 21 37%, Feb 9 & Min Ref Steel 1% Tobacco 1% ... Co noncumulative 5% July 90% Dec July 21 4% Jan 74% Jan 10% Nov 6 22 Stockyards 15% Mar 16 United Stores $4.20 Nov 6 Nov 100 8 21 151 12 July 157 1 28% Nov 28 96 Nov 26 Apr 4 Sep 8 84 Jan Feb 9 48% Jan .Jun 9 36% Feb Jun Dec 24 43% July 8 40% Oct 14 42 jkb 2 13 July 2 11% Aug 27 24% Aug 27 34% May 9% Jan 7 2 22 Ve Jan 2 28% Apr 2 36% Apr 11% Jan 17 27% Jan 5% Jan 13 Va Jan 21% Jan 37 2 _____ 2 32 Dec 10 31% Jan 5 Apr 7 14% Sep 29 5% Jun 30 45% Jan 17 Dec 11 Jan 9 23% Jan 2 36% Dec 3 28% Feb 9 8 78 2 9 97 84 150 May 2 22 Oct 2 19 % Jan 101 Oct 14 82% Jan 2 3 26 Vo Jan 17 33 Vb Jun May 20 113 99 % Jun Vick July 23 3%% 9 108 6% div Virginia 4 5 Jan Co $5 65% 150% 151% 150% 40 40 31% 31% 50 50 50 % ' 50 V* - 1,360 . 900. 7,700 2,100 44,000 99% 101% 101% 102% 101% 102% 101% 102% 144 y4 144 y2 144 y4 144% 146 146 146 146% 1,800 y4 24% 24 y4 24% 24% 24% 24% 24% 6,500 24 190 34 y4 34% 35% 35 V* 35% 1 35% 36 35 y4 36 35% 36% 35% 36 35 36% 5,800 16 16 16 16% 16 16 16Ve 7% 16% 17' 17% 2,800 11% 23,300 7% 7% 8 7% 7% 7% *91% 94 8% *8% 8% *8% 8% 8% 9 *17% 18% *17% 18% *17% 18% *17% 18% 9Ve 9 Ve 9% 9% 9% 9% 9% 10 >/e *78% *91% 94 94 *91 % *91% *17% 9% *77% 43 49 153% 9% 79 43 Vb 49 153% 153% 153% 22% 24y4 23% 24% 23% 24 Vs 28'A *27% 28% *27% 28% *27% 80 44% *79 81 *80 94 23 Ve *.' 7% 8% 8( 44 Ve ' 79 50 76 Ve 78% *76% 77 520 45 44 44% 44% 45 6,200 51 y4 51 % 52 51% 51% 1,600 154 153% 153 % 40 24Ve 98,000 *152 154 *152 81% 23% 24 *28 28% common 45% 45% 45% 45 % 45% 45% 46% 67,900 34% 34% 34% 34% 35 35 % 35'A 35% 3,300 45% 45% 46 45 45% 45 Ve 453/8 36 Ve 36 VA 36% 36 % 36 Va 36 Ve 36% 4,000 12 Ve 12% 12 Ve 12 Ve 11% 12% 12 4,700 27% 27 Va 27% 27 27 % 27 27% 27% 12% 27% 35 34 1,500 12% 1 1 35% 35% *34% 35 % 34% 34% 33% 6 % 6% 6% 6% 6% 6% 6% 6% 6% 142 % 144% 142 % 142% 143% 5 57% 57% 58 Ve 57% preferred.. 39% 103% 102% 38% 103 38% 102% 29 96 96 39% 38% 39% 102 % *102% *96 103 5,000 7,700 5,100 31,300 80 29 102 % 39% 103 *78 98 38% 96 39% 38% 61% 29% 29% 96 147 61% 80 *78 80 29% 98 *96 98 61% 59% 6% 146 150 146 59% 30% 29% 30% 146 *78 80 *78 80 30% *96 8 com 58 *70 100 2,000 44% 45% 35% 100 120 44% 36% 12% com...No par Co 80 80 80 80 28% 36 44% 30 27 • 79 y2 49% 43% 49 y2 1,800 17,900 43% 79 42% 34% 34 Ve 10 9% 8% 94% 8% 18% *93 6% preferred Pwr 151% 31% 31 50 Ve 2.50 Works 13,400 66 40 40 31% ... 50 50 117% *113% 66% 30 \ 34. y4 5 Co. & 111% .10 Chemical Elec , ...31 17,100 88 65% 40% 40 50 Ve 360 48% 34 y4 5 Inc partic 31 50% 104% 47% *80 34 y4 1 preferred Va-Carolina Mar 20 39% Mar Chemical 40 30 104% 49 34% 12.80 preferred Victor Chemical 39% 40 150 21,800 34% Industries Inc com_2.50 Co 150% 31% 50 % 99% 100% 144 y2 145 24 y4 24 % 100 Corp of America Raalte 149 27% 111% 66% 151 64% 66%- *39 % 31 50 1 conv 66 27 38 1 com Vertlentes-Camaguey Sugar Co 35% May 25 107 9 407/a Dec 8 July Van 5 61% July 24 2 17 13 $2.28 47% *80 1 Co Inc Steel 66% i50-/2 349 3 Co Norman 104% 115 100 preferred Vanadium-Alloys Van 9 *112 100 Co 48 112 com.No par Products 105 46% 47% "109 14 Power & Light Co Vanadium 26 81% Mar 18 85 Jan 75% Nov 77% Feb 4%% Upjohn Utah 47% July 15 2 24% Jan Oil 104 y2 105 46 111 30e preferred Universal 7 18 72 31 Tobacco Universal Pictures 16 40 57 8% 10 27 Ve 104% *109 1 Corp common convertible preferred Universal Leaf 26 % 88 pfd-5 Universal-Cyclops Steel Corp 16 25% Apr 3 29% Feb 17 29 28 noncu 2nd Whelan $3.50 2 57 y2 Jan 27 y2 Jan United May 20 47% July 20% Apr 18% May 12 14 26 % *80 preferred—No par Wallpaper Inc common Class B 2nd preferred 24 81 Mar 30 46 Feb 12 Ve Jan convertible 25% 6,100 8% 1 Corp United 10% Feb 25 6 Vitamin 8 $6 5 Mar 2 8% Jan 2 76 Ve Apr 23 34% Mar 24 Dec 10 157 3 2 17% Jan 39% Dec 29 57 Jan 8Vi JanK 6 78 1 32% Feb 44 Jan United 7 9% Oct 30 17 Nov 13 142 30 85% Jan 10 8 2 19 % May U 17% Jan 7% Oct 24 8 Jan 5% Jan 13 50% Mar 12 26 33% *8% 25 preferred & -Pharmaceutical 26 33'A 8% 86 No par common 33% *8% *75 50 .—16% .100 - Corp common preferred U 8 com 33% 8% 88 1 50 Corp 14 Vb Feb Dec~24 105 33 % *8% 46% 66% Shares 33% 88 1st preferred___100 preferred U 8 6 26% Jan Mar Shoe July 24 45% .5 common non-cum 7% 4 6 24 Co D 8 Smelting 24 105% July 105 100 preferred series B Rubber Friday July 23 26% 26 *104 8% Mar 11 153 10 27 the Week Thursday July 22 8% *8% 8% *8% Sales for PRICES Wednesday j 33% 33 26 3%% 28 Jun 10 5 . SALE HIGH AND _ July 21 33 Ve 32% 10 1 100 U 8 3 Apr preferred Pipe & Foundry Co 34 % Jun 2 .1 1 common Playing Card Co. Plywood Corp common 3%% preferred series A 19 Jun 38% Feb 7 4%% 34% July 21 38% May 16 10 26 Jan 141 12 32% Jun 16 35 Jan 29 July 17 88% May 19% Jan 10 July 21 50 July 29 97% Dec 30 158% Jun Lines U 8 9 43 % Nov 80% Mar 14 Pat U 8 41% Jan 2 5 Jan 26% Mar 140 U 8 .20 30% Jan 2 18% Jan 66 35 % Apr 2 2 6 9Va Jun 17 28% Nov 20 95 Nov 18 327/a Nov 2 8% Dec 30 23% Jan LOW Tuesday Monday July 20 . EXCHANGE Highest Lowest STOCK NEW YORK Range Since Jan.1 Year 1958 103 1,400 200 12,300 710 90%'July 1 80% July 17 86% Mar 23 preferred 100 100 82% *81 83% *81 83% *81 85% Dec 17 99% Apr 8 84% May 18 91% Mar 17 $4.20 preferred 100 •86 88 *86 88 *86 88 *86 88 *86 88 83'A Dec 30 95 24 87 % Mar 16 $4.12 preferred— 100 *83 64% *83 84% 84% 85 *84% 66 % *84% 86 Va 20 50 % 50% 50 50% 1,500 12'A *12 12% 1,100 Aug 29 101 82 24 Dec 82 May 13 24 Vb Apr 7 42% nov Jan 2 13Ve Dec 2 36% Jan 20 11 Jun 9 12 53% July 13% Mar 17 Vulcan 9 Materials 81% 48% 49% 49 49 49% 12% 12% 12 Ve 12 Ve 12 12 29 16% Jan 2 30 18 Vb Jan 27 18% 18% Nov 13 87 % Jan 2 96% Feb 20 5%% preferred 100 94 94% Dec 30 96% Jan 2 103% Feb 11 6Yt% preferred 100 100 IOO Jan 3 84 Jan 13 97 9 21% Mar 5% 9 Co convertible common— preferred 16% 1 16 18% *12 83% 20 18 Ve 6,700 18% 18% *18% 19 18% 19% 1,400 95% 95% *95 96 96 96 150 *100 101 130 17% 17% 17 16% 17 Va Oct 89 2 20 74 *81 50% 10 ._ 18% Oct 9% Jan 14 Ve Jan 83 % 10 Virginian Ry Co common 6% preferred 20% Mar 16 Jan $4.04 19 17% 17% 17% 17% ' 95% *95 100 100 100 100 100% 100% 100% w 72V2 Feb 24 60% May 20 67 Apr 15 76% Mar 11 Wabash RR 4%% *69%, 71 15 73% 74 69% 72% 69% 73% No par 17% 17% 17% 17% 10 49 Va 49%• 49Ve 49% No par 40% 41 41 51 52% 50% 35% 16 15% 13% 14% 91% 13% *89 11% 43% 43% preferred 33% Jan 2 50 Oct 20 46% Feb 2 74% May 12 Wagner Electric Corp.. 12% Jan 8 15i/4 Nov 14 141/2 Jan 2 21 Waldorf 27% Jan 2 51 Dec 1 47 Feb 10 25% Jan 15 36 Nov 7 33% Mar 30 Feb 4 48 U% ~16% Ju"ly"l7 11% Aug 29 21 Walgreen 41% July 16 52% July 20 Walker Walworth 12% May 19 18% May 19 16% Feb 20 95 87% Jan 94 Feb 20 6% 12 Ve July 22 Ward 6 16 Co (lliram) Wallace 14% Dec 22 Apr 25 System 55% May 11 July'23 12 % Feb Apr & W__ G Tiernan & Inc 1 Co " 2.50 Ward Baking Co common ____1 84 Jan 13 8 Apr 8 11% Dec 4 16% Jan 30 26% Dec 16 Jun 12 63% July 23 WarnerrLambert 48 31 47% Jun 19 54% May Washington Gas Light Co No par 34% Jan 44% Dec 31 41% Jun 9 48% Jan Washington Water Power No par 44% 25 40 36% Feb 9 48% May 4 31% Feb 24 5 *42% 5 *30% 31% 1 6% 6% 9 Vb May 21 24% Jan 8 47% Jun 24 Vb May 12 28% Apr 48 34Ve Jan . 1% Jan Jan 10 5 5 4% Dec 19% Mar Nov 26% Nov Jan 23 Dec 1 35% Oct ,44% Jan 15 25% Jan 12 3% Jan 21 8 Va Jun 31% May 25 46% Jun 12 34 9 49V4 July 28 65 Mar 4 50 15% Jan 13 24% Oct 13 16% May 12 Wayne 35% Dec 22 33 38% Apr May 20 99% Jun 11 91 July 86 Jun 95% Oct 86 105 6 Sep 23 83% Dec 9 Oil & 31 % Feb 28 96% Mar 19 V* May 14% Jan 2 102 18 90 103 8 West Kentucky West Penn 13 West Penn Apr May 91 May 8 96 Jun 2 101 Mar 31 May 22 Apr 50% Jan 5 26 Jan 7 38 Apr 14 Western Air 2 24% Dec 17 237/b Jan 8 38 July 22 Western 97% Jun 17 100 Mar 23 Feb 10 79% Dec 31 74% May 7 94% July 3 100 86 Nov 13 82 % Jan 2 94 % Apr 42% Jan 2 71% Nov 20 69% Jan 2 81% July 13 4.80% 4% 34% Dec 16 29% Jan 43% July 23 Western 2 33% Dec 29 32 Jan 28 38% Mar 18 Westinghouse 24 74% Dec 31 70% Feb 9 98% July Westinghouse 921/2 Apr 21 84 9 88% Jan Jan 8 83 Aug 8 110 Dec 11 33I/4 Apr 7 54% Dec 31 83 % Jan 0 96 Nov 10 521/2 May 92% Jan 16% Feb 21 31% Dec 30 29% Jan 56 Jan 21 68 Dec 22 67% Mar 30 26 49 Va Oct 21 125 Jan 7 91% Jan 2 Jan 7 109 % July 16 4% Jan 2 231/4 Nov 5 32% Jun 6 Sep 3.80% 29 Feb 6 53 % Mar 20 White Dental 60 July 8 102% Mar 11 White Motdr 15 7 Jan 7 14 24% Jan 7 28% July 21 36 13 48% 30 33% Dec Jan 2 121% juiy 31 4 Jan White July 23 31% Jan Co *35 Jan 6 23 5 51% Mar 11 Wilcox 6 45 July 23 21% 34% 9G% *85 *85% 48V4 96% 88 87 49'A 97 97 ' 33% 5 100 2 88 Mar 31 Jan July 19% May Apr Oil $4.25 30 4 27 17 6% Jan 2 17 10% July 24 45 % Jan 2 Windsor 39% Jun 35% Jun 19 40 % Jan Wisconsin 22 121 36% Jan 23 Jan 22 29 23% Jun 22 27% Jan 9 14 30% Jan 14 36% Mar 6 9 6% Mar 25 53% Dec. 31 53% Jan 2 60% July 45% Feb 27 74 Dec 31 70% Jan 8 80% Jan 2 97 Jun 5 89 Jan 2 84% July 15 94% Feb 2 78 % Jan 2 90% Nov 13 83% Jan 8 91 4% Jan 2 11% Oct 22 9% Jan 13 23% Apr 10 25% Feb 25 68% Jan 9 ^?0V i7 — Kx-dlvldend. 29% Feb 10 36% Aug 26 31% Feb 9 £Ct is 114%Jan 7 2 10 00,/ 22% Dec 30 12% July 24 49% Jun 8 24 145% July 24 25% Jun 24 92% May 31 88^5^ prices; Ex-rights, 136% Jun 4 sales on this Ex-distrlbutlon. no z day. tin *108% 61 % «97 25% 73 42% 5 S S) 20 56 1 -Woodward Elec Power 91 Iron Co Service 113 62% 97% 35% 73 42% 23 *21 % 36% 36% 10 I *321% 124 25% 26% 32% 32Va 37 38 *121% 124 26 26% 58% 59% 81% 81 Vs 80Vs 32% 59% 81% 90% 89% 10% *90Va 89 10% 90% 89% 10% * 89 89% 10% 36% 44% 37% 44% 32% 58% 36% Youngstown Steel Door No par 22% 23% 22% 1 119% 121% 119% receivership or petition has been 137 138 filed for the company's 31% 6% 8,900 48% 96% 37% *98% 100/2 88% 89% *87 92 77% 43/b 34% 93% 94% *85% 86 A *108% 113 64 65 97% 97% 36V8 37 73 73 43 43% 42% 33% 58% 58% 100% 100% 13% 14 *28 28% 50% 51 % 27 27% 32% 49% 95% *85 *85% 48% *96% 96 88 87 33Vb 37% 77% 32 *48 32% 58 40% 41 43% *81%, 45 34 22 *21% 22 *22 Vb 136% 137% 23 122% reorganization. 10% 41% 88% 10% 89% 10% 36% 36% 43% 43% 137 141 23% 23% 122 124% aDefesred 37 _ 10 % 42% 37% 10 % 41% 37 *121% 124 26 26% 32 59% 80 *90Va 89 10% 32% 59% 80% 91 32% 59% 81 90% 90% 11% 90 12% 600 290 10,800 250 5,500 5,000 5,200 2.700 33,700 19,700 32,800 500 13,500 90 11,400 200 1,300 7,700 210 44,800 300 1,800 44% 84 21,700 23 8,100 1,600 100 10% 6,300 42% 37% 6,600 6,200 20 2,300 32% 1,600 59% 82% 90Vb 13,200 2,700 20 2,200 28,300 37% 38% 15,700 44Va 144 91 12% 44% 1,500 143% 145% 44% 44 „ 300 1,400 51 26% 40% 121% 121% *26 26% 37% 37 141% 34% 37% *100 100% 12% 13% 27% 27% 44% 83% 10 41% 38% *121% 124 25%^ 26% 32% 32% 59% 59% 80% 81 % 90 90 96 88 87 49 98 59 *40 10 41 37% 36% 37% *98% 100% 87 88 *86 90 77 77% 42% 43 33% 34% 93% 95% 85 A 85/4 *108% 113 64 65 *97% 97% 36% 37 *72% 75 44 • 44% 51 25% 40% 43% *82 22 800 1,400 6% 43% *81% 43% No pax 31% 28 41 25% 36% 43% Youngstown Sheet & Tube Zenith Radio Corp 10 41 Vs 1,000 7,500 32V4 38 *98% 100% 87% 88% *87 92 78 78_ 42% 43% 33% 33% 92% 94 *85% 86% *108% 113 63 63% 97 97% 35% 36% *72% 74 42% 42% 57 58% 100% 100% 13% 13% *28 28% 50 50% 22 9% 41 42% 34% 6% 37 44 83 5,800 42 Ve 22V4 32% 43Vo *81 % 25 45% 2,000 34% 33% 57 23,100 51 45% 40 8,800 35V4 32% *100 "100% 12% 13Vs 28% 28% 49% 50 25 25% 40% 41% 9% 10 Corp 56% 62»/a 9,000 34% 33% 77% 42% 33% 92% 86 86 *108% 113 61 % 63% 97 97 35 35% *72% 73 42% 42% 45,400 36% 22 94% *85 *85% 48 ; 96% 92 11% 46% 24% 11 46% 24% 61% *50 36% 21% 36% 21% 34% 96 88 87 47% 98 76% 41% 33% 88% 41% 10 Yale & Towne Mfg Co *87 20,100 *35% 21% *48 *35 21 33% 95% r85 *85% 47% *86% 36% 36% *98% 100% 86 87% 16% 14% 89 16Ve 14% *88 *48 *32% 43% 83 13% 28% 49% 9% Corp_ 10 (F W) Co 33 57% 40% 10 com 95% *85 *85% 48 *96% 600 1,300 1,800 2,900 *31 Vb 44% 37 21% 34% 96 88 87 49 98 40 '•21% Co & Wire 86% 1 100 Public Young Spring 35% 101 Va 87% 33% , 200 3,900 50% 45% 42% 31% 6% 32% 49% 32% 49% 43 10 preferred Wisconsin . 10c Inc 35% 21 Vo 39% * *81% Inc *46 100 No par Co *32 *31 6% 50 12 46% 24% 63% 24% 70% 74 173/a 50 41% 50 *40% 49 15 89 31% 6% 33 49% 31% 6% 100 12% *27% 49% 24% 5 No par common Worthington Corp common. 10 Prior preferred 4%% series__100 Wrigley (Wm) Jr (Del) .No par Wyandotte Worsted Co 5 26 39% July 33% 89% 86% 1 Industries Woolworth 20% Jan 28 — y Jan (The Wlnn-Dlxle Stores 32% Oct 21% Jan 86 *85 80 CO. Wilson-Jones 20 25% Dec 129 *88% 10 preferred 8% Nov Mar 25 34% 100 Ry common White Stores Inc 24 20 Vs Dec 135 2OV2 Jan 33 100 common Wilson & Co Inc 78 $3 511/2 July 23 29 32% 49% 31% 6% 38 21% 34% preferred .100 Sewing Machine common 1 preference 2G convertible preferred 50 32 Vb Jan 1 85% July 10 37% Dec 120V2 Dec X 32% *48 Prior 49% Nov 18 2 26% Jan Apr 43 5%% 39% Jun Nov"20 Jan 15% Jan 71 42% .No par 17% Jan 30 Erie Mfg 42% 44% 43 42% 34 91 Corp common convertible preferred 4%% May 26 50 *42% 100 Whirlpool 78 62% 45 ] preferred Corp 63 43 74% 17% 73% 50% 44% 41% 39 % July 2 % Mar 30 ! RR Lake 45% 50 Telegraph 2.50 Air Brake 10 Electric common.12% 98% Mar 13 2 28 Jun 9 25% July 1 38 Nov 10 & 11% 24% 62% 77% Wheeling Steel $5 preferred 7 12 Vb 45% 25 49% 45 100 pfd preferred series B Wheeling 11 66% July 97 5 8 Vb Oct 112 7 41 % July 40 100 Feb 8 11% 25 61% Union 2 55% Jun 89 60 77Ve Pacific 89 49% 44% No par Western 8 17% Jan 15 4%% 2nd 89 25 4 . Lines Inc noncum 50% 16% 14% 49% Suppiy Co com.. 5 preferred.. 100 Maryland Ry com No par Western 7 24 16% 14% 60% Auto Jan 63 48 16% 13% 25% 100 31 50 % 16 59% 100 28% Dec 50 16% 25Ve .5 Co preferred series B preferred series C West Va Pulp & Paper common 4%% preferred— 17 42 6 50% 14% 91% *48% 4.10% 19 May 41 Ve 43% 1 Electric Co Power 50 40% 43% 4.20% 6 49% 41 Vb 43 50 Coal 49% 40 % 49% 41 11% 2.50 com Sugar Corp 24 9 83 % Snowdrift preferred Indies 13 94% Nov 12 48% Jan 4.80% West 5 Dec 51 4 19 Mills Corp Wesson Jun 94 17 Jun Co Knitting Welbilt *17% 11% Pharmaceutical __1 Motor 17% 5 Inc 70% 73% 16% 71 *70 ' 74% 11% 10 30 23% July 2 19 *89 71 72% 17% 1 Corp Co Waukesha Apr 29 25% Jan Jun Warner 7 4 12 56% Jan 22 Industries 100 Warner Bros Pictures 12 36 Vb Mar 50% Dec preferred— *70 18,600 23% 23% 23% 23% 1,900 119% 123% 119% 121% 22.300 delivery, r Cash sale wd When distributed* J Number 5867 190 Volume The Commercial and Financial Chronicle . . . Record Bond New York Stock Exchange «« ' ' The ■ FRIDAY V italic WEEKLY - YEARLY • ; letters In the column headed "Interest Period" indicate in each the case Figures after decimal point represent one or more 32nds of month when point a Range Since Jan. 1 Lowest Highest Lowest Highest YORK Monday STOCK Low Treasury 4s and Tuesday July 21 July 20 EXCHANGE 5 102.14 Nov 5 102.14 Nov NEW Low High bonds the mature. . LOW government bonds Range (or Previous Year 1958 HIGH SALE PRICES Wednesday Low High Low High Sales tor Friday Thursday July 23 July 22 the Week July 24 Low High Bonds (SI 1High Oct 1 1969 *98.6 98.14 *97.30 98.6 Feb 1 1980 *97.4 97.22 *97.10 97.18 *97.8 97.16 *97.12 97.20 ♦97.10 97.18 -Nov 15 1974 *96.6 96.8 *96 96.8 *96 96.8 *96 96.8 *95.30 96.6 89.20 *89.10 89.18 *89.12 89.20 *89.14 89.22 *89.12 89.20 --- 87.22 —— Treasury 4s Treasury 37/sS Treasury 3'As 15 1990 Feb Jun *89.12 *97.28 *97.28 98.4 98.4 98.2 ♦97.26 '•*. 15 1978-1983 *87.14 87.22 *87.10 87.18 *87.12 87.20 *87.14 87.22 *87.14 Treasury 3'As May 15 1985 *87.14 87.22 *87.10 87.18 *87.12 87.20 *87.14 87.22 *87;14 87.22 Feb *93.24- 93.28 *93.22 93.26 *93.24 93.28 *93.26 93.30 *93.26 Treasury 3s Aug 15 1966 Feb 15 1995 *91.26 92 #QO 92.4 *92.2 92.6 ♦92 93.30 ; •„/. 92.4 Treasury 3'As 97.12 Aug 15 Treasury Js Treasury 2%s Treasury 23As 15 1964 : 92.4 ♦92 . — *84.18 84.26 *84.18 84.26 *84.20 84.28 *84.20 84.28 ♦84.18 *96.8 96.12 *96.8 96.12 *96.8 96.12 *96.8 96.12 *96.8 86.12 15 1960-1965 Dec *97.4 97.12 97.12 *97.6 j»97.8 97.16 *90.30 91.2 *97.4 97.14 -t— *97.4 97.12 *90.28 91 *91 91.4 *95.14 ' 95.18* *95.14 95.18 *95.14 95.18 *95.14 95.18 *95.14 15 1962-1967 *87.20 87.28 *87.20 87.28 *87.22, 87.30 *87.16 87.24 ♦87.18 87.26 Aug 15 1963 *92.14 92.18 *92.12 92.16 *92.14 92.18 •92;16 92.20 *92.18 92.22 Feb 15 1965 15 1961 Nov Treasury 2'As Jun Treasury 2'As // *91.2 t C 91.6 91.4 I* 91 V - 95.18 - Treasury 2'As Jan 20 85.4 Jan 85.28 *85.20 85.28 *85.22 85.30' *85.16 85.24 *85.18 85.26 Jun 15 1964-1969 *84.22 84.30 *84.22 84.30 *84.24 88 *84.20 84.28 *84.22 84.30 Dec 15 1964-1969 *84.8 84.16 *84.8 84.16 *84.10 84.18 *84.8 Mar 15 1965-1970 *84.8 84.16 *84.6 84.14 *84.6 84.14 *84.2 84.10 ♦84.4 84.12 Mar 15 1966-1971 *84.6 84.14 *84.4 84.12 *84.4 84.12 *84 84.8 ♦84.2 84.10 Jun 15 1967-1972 *84.6 84.14 *84.6 84.14 *84.8 84.16 *84.6 84.14 *84.4 84.12 Sep 15 1967-1972 *83 83.8 *82.30 83.6 *83 83.8 *82.26 83.4 *82.28 83.4 Treasury 2'As Dec 15 1967-1972 *84.6 84.14 *84.6 84.14 *84.6 84.14 *84.4 84.12 *84.2 84.10 Treasury 2'As Treasury 2'As 85.4 Jan 29 *85.20 Treasury 2'As Treasury 2'As Treasury 2'As 94 15 1963-1968 Treasury 2'As Treasury 2'As 29 Dec Treasury 2'As Jan — 84.26 15 1961 Sep . Treasury 2%s Treasury 2'As 94 - —- Treasury 3s 97.12 Aug 15 27 (379) Jun 15 1959-1962 *94.6 94.10 *94.6 94.10 *94.6 94.10 *94.6 94.10 *94.4 94.8 Dec 15 1959-1962 *93.6 93.10 *93.6 93.10 *93.6 93.10 *93.8 93.12 *93.8 93.12 *97.17 97.19 *97.17 97.19 *97.20 97.22 ♦97.20 97.22 *97.20 97.22 1980 *98.16 99.16 *98.16 99.16 *98.16 99.16 *98.16 99.16 *93.16 99.16 1973 *98.16 99.16 *98.16 99.16 *98.16 99.16 *98.16 99.16 *98.16 99.16 20 Treasury 2'/as 15 1960 Nov International Bank 84.16 84.18 *84.10 • . ' — '«« --- ■ for Reconstruction & Development ' 4%s Nov 1 4'As 105.16 Feb 24 105.16 Feb 24 96.16 Sep 16 103.8 4'/as 6 101.24 Feb Apr 23 103.8 Apr 99.8 Jun May 1 1978 4'As Jan 15 1979 96 33As Oct 15 May 15 2 96 Jan 7 Jan 7 . _ _ 13'As July 95 Jun 13 92.16 Feb 9 14 14 2 Jun 83 2 3s 95 *98 99 *98 99 *98 99 *98 95 *94 95 *94 95 *94 95 95 *94 95 *94 95 *92 93 *92 93 *92 93 *92 93 *91 92.16 *91 92.16 *91 92.16 *91 92.16 1971 *90 92 *90 92 *90 92 *90 92 1975 *87 89 *87 89 *87 89 *87 89 ♦87 93 *92 vv,*91^% ,'vi ni *90u» . 92.16 — *98.24 99.24 *98.24 99.24 *98.24 99.24 *98.24 99.24 *98.24 99.24 1981 *81.16 83 *81.16 83 *81.16 83 *81.16 83 *81.16 83 1972 *83.16 85 *83.16 85 *83.16 85 *83.16 85 *83.16 3s 85 1976 *81 83 *81 83 *81 83 *81 83 *81 83 1959 *99 100 *99 100 *99 100 *99 100 ♦99 100 1960 *98.16 99.16 1961 *96.12 1962 112'As *94 Serial bonds of 1950 2s __ 2s •Bid hiked price. No sales transacted this day. and JThis issue has not as _ Last Period Sale Price New York Stoek Exchange __ York 3% Stock Corporate 99.16 *98.16 99.16 97.16 *96.12 97.16 *96.12 95 *94 95 *94 or Bonds FOR WEEK ended JULY *98.16 99.16 97.16 *96.12 97.16 *96.12 *94 95 *94 Bid & Asked Sold High BONDS 95 No. Low 86'A 15 Interest Last Period Sale Price New York Stock Exchange Jan. 1 — —— Week's Range or Friday's Bid & Asked Low High (continued) High series No. 9 June-Dec > series No. 11 June-Dec *96 series No. 12 June-Dec *95 No. 13 June-Dec 99 series No. 14 June-Dec 96 99 3%s series No. 15 series No. 16 June-Dec 3%s series No. 17 June-Dec 3%s series No. 18 98 *96% June-Dec 3%s Foreign Securities Jan. 1 Low No. 93 series 3%s 91 Hi 3%s 3%s ft Range Since Sold High *93 3%s 85 Bonds — 3%s 85'A : 97.16 95 I 24 Range Since Brazil June-Dec 99.16 Friday Friday's City 1980 *98.16 yet been admitted to Stock Exchange dealings. Unification Issue— Transit *98.16 Week's Range Low New 15 . RANGE Friday Interest BONDS , Feb 2s —— 92 89 1960 . —'— — 1 Oct _ — 95 *94 -.-i 99 *94 ' July 15 3'As Jun 83 99 95 "-*94' 1969 3%s 92.16 Feb - 1968 . 3'As 3'/as 91 *98 *94 1977 4'As— 93.16 May 20 93.16 May 20 23 98.16 July 22 1 . June-Dec *96'A 90 *96'A . •' series No. 19 June-Dec *96'/a 3%s series No. 20 June-Dec 3%s —— *93 June-Dec 98 96 99 98% 98% series No. 21 3%s series No. 22 June-Dec *97 98% 95% 97 3%s series No. 23 June-Dec *96 98 96 96 3%s series No. 24 June-Dec *__ 97 3%s series *99% i — — ' Wertheim & Co. Members New York Stock Exchange Telephone REctor 2-2300 120 25 June-Dec series No. 26 June-Dec series No. 27 June-Dec *98 99% 99% 98 99 *96'/a 3%s NY 1-1693 No. 3%s Teletype Broadway, New York — II 3%s External f s (Kingdom of Norway) fund 7s ser C *92% 102'A 99 102'A 103 93 15 102% 124 % AExternal sec sink 30-year 3s f s fd 7s bonds $ 2nd ser 3rd 93'/a June-Dec June-Dec Feb-Aug June-Dec —June-Dec May-Nov Mar-Sept May-Noo Austria 1978 5s Austrian 106% June-Dec 6'As 1945 (series 8) 1965 adj debs April-Oct Belgian Congo 5'As extl loan 1973 Belgium (Kingdom of) extl loan 4s 5'As external ABerlin 6s 1958 external loan 1950 (City of) §A6'As 47/as debt adj 4'As lABrazil (U S ser of) B 1978 external __ 91'/2 96'/4 89% 97% 99 reduced AExternal of 6'As f s pursuant reduced AExternal 1978 3.5% to Stamped to Stamped pursuant reduced to Central Stamped of 52 91'A 30 91'A yi7/a 8 90% 96 '/4 97% 35 96'/a 98% 89% 90 25 89% 92'A 97'A 97% 22 96 99 98 99 44 94 102'/a 97% 9 5'A 96 22 95 80% to to to 3.5%) due Plan A April-Ocf 1957—, Aprii-Oct 99'A 6 106% 107'A 4 19 89 93% 98% April-Ocf 109 169 97 94% 180% 98 94 98 *130 141 141 *88% 82% 88'% 73% 73% 71% 73% June-Dec (interest ' *130 *88 1978 funding bonds of 1931 due 1951 Stamped pursuant to Plan A (interest reduced to 3.375%) 1979April-Ocf 3%s 3%s series series No. No. 1944 (Plan B) 1 2 98% 98 98 3%s series No. 3— June-Dec 3%s series No. 4 June-Dec 3%s series No. 5 June-Dec 3%s series No. 7 June-Dec *96% No. 8 June-Dec *97 3%s series For footnotes 90% 46 46 89% 89% 1961—Mar-Sepf Mar-Sepf 1962— April-Ocf *89 April-Ocf *46 see page 31. fund sinking 6s 1962 assented assented sink fund 3s 1993 June-Dec *98 98 — *89 — *46 46% 1 assented assented 46% 73% 71% 6 72 70 98 98% 3 98 1 88 76'A 98'/a — — 98 97 98 , • 97 j 46% 89% ♦46 *46 — — 87 57% 45% 45% ♦39 *46 *89 May-Nov *46 46 46 Mar-Sepf *89 87 88% Mar-Sepf *46 46% 46 3A June-Dec Mar-Sept 47/as debt Mar-Sept AColombia (Rep of) 6s of 1928 Oct 1961_Aprll-Ocf A 6s of 1927 Jan 1961 Jan-July 3s ext sinking fund dollar bonds 1970—ApriZ-Oct IACosta Rica (Republic of) 7s 1951 _May-Nou 3s ref $ bonds 1953 due 1972 April-Ocf Cuba (Republic of) 4'As external 1977—June-Dec Cundinamarca (Dept of) 3s 1978 Jan-July *6 A6s A 7s Consol assented AChinese fund 1961 6s 1961 sinking assented AChllean fund 1962 6s 1962 Municipal 1960 7s 1960 5s 1951 6'As 1950 adjustment 1970 (Hukuang Ry) {ACologne (City -- — 6 7 of) (State) *93% — — 91 129% 129% 57'A 65 61% 22 73 64% 65 *46'A — *65 75 80 80 ~6 80 49% 65 94% 50 10 49% 105% 53 — AStamped assented (Interest 6%) extended to 1960 reduced — 97 to April-Ocf 5'As 1974 Feb-Aug El Salvador (Republic of)— 3'As external s f dollar bonds Jan 1 1976_Jan-July 3s extl s f dollar bonds Jan 1 1976 Jan-July (Kingdom of) 1967 1953 1973 (Fed Rep of)—Ext loan of 1924 (Republic of) 7s on Main 6'As lAFrankfort Barman 98 97 — ' — 43% May-Nov 98 97 — 99 97% 2 98 __ 98 1 93 ' ApriZ-Oct sinking assented Denmark 81% - AprZZ-Oct 6s 77 — 90 — ! 89% 1 r-t to *89 June-Dec 1957 1961 88% — 88 45% June-Dec June-Dec Mortgage Bank 6'As 1957 A 6%s — n *89 May-Nov bonds — *46 May-Nov 1963 1963 $ *46 Sept sinking fund 6s Sept 1961 assented 47/es sinking fund June-Dec -7 89% AEstonia 72 98% *45 90% *89 A6'As — June-Dec 90% 87 *46 Czechoslovakia 8% ■xternal dollar bonds of 46 88% 77 *117 June-Dec A 89 *117 73% 45 "l 90% ♦89 ACbile 101 *94 73% 53 Feb-Aug A 6s 103 105 180'A *94'% — 86 49% April-Ocf a 1961 Feb. AExternal sinking fund 6s (interest 1979 Plan 101 92 166 1957—April-Ocf 86% 78% 2 _Feb-Aug Extl 101 (interest 1979__i 1927 II 91% 99% 107'A 1960 sinking fund 6s Feb 1961 assented A6s 86 100% 101% '102 —June-Dec A 1952 pursuant reduced assented AGuaranteed 92 78% 5 50 90% ApriZ-Oct 1960 sinking fund 6s AExternal 96% 84 60 82'A 100'A 100'A 84 957a 96% 12 23 50% 817/a 50 - 1942 assented AExternal 94% 90% 1975 ARy external sinking fund 6s Jan 1961—Jan-July A6s assented Jan 1961 Jan-July 97 90% 49% 81 82 'A 81 *46 A 6s 49% of) *89 § A7s A6s 49% 3s s f bonds 1978-Jan-July 2%s 1974 Mar-Sepf 30-yr , ~5 May-Now 2%s AExternal 97 or) (Dominion 96 (interest due Plan 3.375%) Ry A . 1926 to 3.375%) 6'As f s (Dept 96 99% 100 101% 1941——June-Dec 8s Plan pursuant to Stamped . 1970... ser A adj debt IA7s 1964—June-Dec Mar-Sept June-Dec April-Oct April-Oct ________ApriZ-Oct 1972 loan 53 AGuaranteed State) (Free 95 49% AExternal 49% Jan-July Feb-Aug Feb-Aug 1980— due 95 96 Government— 4'As assented lABavaria 4%s 1973 5'As extl s f $ (Rep) ♦95 A6s 3'As 20-year June-Dec 96 *97 Jan-July 1966 15-year 3%s 1962 15-year 33As 1969 15-year 4'As 1971 15-year 4%s 1973— 15-year 5s 1972 20-year 30 96 *95 April-Ocf 1978 3'As .1967 20-year No. 96 (Commonwealth of)— Australia 99 series I 98 99 Mar-Sepf Cauca Val (Dept of) 30-yr 3s s f bds 1978_Jan-July lAChile (Republic) external s f 7s 1942—May-Not? *95 1957 April-Oct 1957 ser 98 98'A 25-year *95 sink fd 7s 98 *95 *95 *95 sec *94% June-Dec *95 1946—Jan-July > AExternal June-Dec 29 Canada 124'/a 4s '{AExternal sinking fund 7s ser D 1945__Jan-July AExternal sinking funds 7s 1st ser 1957_April-Ocf ;}AExternal sinking 28 No. Caldas —_„Apnf-Oct 1948 6s 1968__Mar-Sep» Amsterdam (City of) 5'As 1973 Mar-Sept jAAntioquia (Dept) collateral 7s A 1945__Jan-July .{AExternal sinking fund 7s ser B 1945—Jan-July Akershus No. series 3%s (Columbia) — Agricultural Mtge Bank series 3%s Foreign Government and Municipal ' 96 99 98 *99 96% 93 Vs 96 ' 3%s 96% 96% 93% —— 99 *96 97 95 ' 98'A 95'A , 97 99 96 % 99 # 99 9S 99 2 bonds 1969 3s dollar bonds 1972 5'As , dollar . 10-year bonds of 1936— ■ 3s conv & fund issue 1953 due Prussian Conversion 1953 Issue— 4s dollar bonds 1972 45 *50 101'A 86% 101% 101'A 86% 186% *82 % Jan-July May-Nov *99 82 86'A 77% 80% 204% 204% —— 99'/a — 93 95 ♦ 110 8 95 4 111% 96% 80% 96 110 96 5 92% 102 102 2 98% 110 95 1963—Jan-July April-Oct 5 — May-Nov April-Ocf April-Oct 99 __ *15% 56 103% 14 102 - 104% 99 103% 1 The Commercial and Financial (380); 28 Chronicle . . . Monday, July 21, 1959 NEW YORK STOCK EXCHANGE BOND RECORD FOR RANGE Last Period Sale Price New York Stock Erebange or (cont)—■ International loan of 1930— bonds bonds June-Dec June-Dec 1972.— SSpaTlM. A7s A6s part paid 1968 |AHamburg Conv & (State of) • - Itaiian Credit 351/2 Anr ^ l for Public 32% 5%s Jan-July 71% 10 69'% 10 70% 70% 9 3 To 93% Jan-July A6V2S extl loan of '24 1954 due 1954 extended to 1964 A5%s extl loan of '30 1965 extended to 95'/» —Feb-Aug 6%s f $ bonds s 96 . ASmall ■■ ~ , *15 , A 15'A — 1963_Jan-July *19% — ment) Allied 17 to (1942 — 1922 agree't) (assented agree't) to 1922 :: (1942 IATreasury 6s of agreement) § ASmall A6s 1913 "l 19% 19% 17% of Bosch Can & 20 5s 2%s 3s Corp Co 3%s 3%s debs Power debentures Machine subord & f s (1942 agree't) 1963_Jan-July 19% (City of) 6%s 1952—— 19% 2 19% 21% 2%s 19% 19% 1 19% 21 2%s 5s April-Oct (State) Stamped pursuant Plan to (interest reduced to 2.125% ) 2008_ ASecured extl sink fund 6'/2S Stamped pursuant to Plan debentures to 2.125%) 2008—— (Govt) 5Vis 1970 (Kingdom of) — External sinking 4 Vis 4s f extl s sinking 5'As fund f extl s fund loan old new 4'As ___ loan 3973 1 43 1987— "... : *43 June-Dec 103% 44 103 April-Oct April-Oct 103 % 17 4Vis debt adj 1972— Oriental Development Co Ltd—• ' §A6s extl loan (30-yr) 1953— 6s due 1953 extended to 1963— A5Vis extl loan (30-year) 1958 5Vis due 1958 extended to 1968 Anheuser-Busch Inc 97 99% Ann ~5 99%' 99% 100 99 99 *90 15 99 93 97% 1 99 loan to 2.125%) of) extl 6s 1st ANat loan extl s f 6s fAPoIand (Republic of) A4Vis assented 92 June-Dec series *44 84% 8s Alegre 1961 (City of) reduced and lARio de 2.25%) (City 8s 1946-— Plan A A6s Internal 2001 7s to Plan A to pursuant due A to (interest reduced |A8s external 1950 Plan — to pursuant external Stamped to 2.25%) dollar 69% A8s secured A7s series B «%s due to Plan Plan Plan 5 %s Italy 57'% 1 A5%s A 64 * A Power For 1971 s Co f 64 2 60 65 — see debs Ohio & 57% 1 ' CD CO — 95 — 97 — 1958 91% Ltd— 1981 page 31. f 3'As s f 4s 69% lABerlin 39% _ 64 A6%s , 95'/2 f s f A 81 51 60 52% 64 54 54 68 70 93 93 1 — 95 95 129 129 126 79 24 94 9 96 83% 84% 94 95 967^ 104% 105 7« 105 103 105 92% 99'A 97 1 93 97 121 121 12 92% 1 90 98 6 85'% 99'% 13 98% 88% 92% 88% 12 87% 92% 93% *81'% debs — 88 % 86 5 25 138 101 — — 103 14% 15 V* 11 13 % 1977 — debs 1951_ Co Borden 78 74% 78% 75 74% 75'% 24 74 813/4 74% 73 'A 74'% 104 *77% 77% 72% ' 77% __ *90 — 119 73% 71 Mar-Sept 90 — 87 97% 116% 119 26 108% 119 103% 103% —May-ZVoy debentures 1980 Jan-July 17 100 106 14 95 97 80% 87 80 % 83 95% *83 *81% 85 96% 83 __ May-Nov 84 85 *__ .May-ZVoo -+Jan-July subord (The) & Co debs 2%s 1980— debs Jan-July 84 18 168 88% 85 *82 172% 82% J 87 % 80 89 177% 312 152% 185 102% 1981_. 100 397 100 117 % Mar-Sept — -- Brown Sh,oe conv Buffalo Co 86 Southern Pacific 68 = 4oy8 — — — 69% 50 76 40 41 *87 89 76 76 60 68 72 72% 63 76 36% 47 87 1 91% 76 80% 92 Jan -July 1971 96% 94% 93 94% 162 344% 1973_———ApriZ-Oct first mtge 2%s 1981~ conv Power consol 99 Co— 1975_May-Nov ——June-Dec Buildings 5s gtd 1960—:—April-Oct mtge income 1982 —Jan-July A5s general California Electric *73 3 A—May-Nov subord -debs Niagara Elec 62% v—Jan-July — debs 3%s Burroughs Corp 4%s Canada 80 Maine RR— mortgage 5s series AC 1967 Mar-Sept First mortgage 4%s series JJ 1961—...April-Oct First'mortgage 4s series RR 1960——Jan-July AInc mortgage 4%s series A July 1970-May-ZVou Bristol-Myers Co 3s debentures 1968——April-Oct Brooklyn Union Gas gen mtge 2%s 1976— Jan-July first 3s gtd 5s A 344% __ 113 319 78% 344% 53 78'A 10 112'A 113% 125 94% 94% June-Dec *75 83 79 99% 100'A 132% 101 94 80 79 99% 77 % 106 100 ~ * May-ZVoc 1962—ApriZ-Oct 1976 98 80 81'A ~3 79 83 ',/ 27 99 101% Ry— consol. debentures Airlines Inc (perpetual) 4'As Clinchfield & conv Ohio 4s 1976 1965 (J I) 3%s debs 1978 5%s conv subord debs 1983— Jan-July Jan-July Mar-Sept — Caterpillar Tractor 4%s debs 1977 95% 98% Oelanese Corp 3s debentures 1965——i 3%s debentures 1S76 97% Oantral 98% !6 97% 98% 89 90 % 90% 49 76 77'A 137 73 90% 94 94% 3 94 97% 61 61 5 58 64 *80 84 Feb-Aug Apr-Oct 115'A 113% 115 "4 246 112 May-l\Zo» 100% 100% 100 3/4 6 99 April-Oct April-Ocf 94% 90% 77 June-Dec Case 88% 88% 90 *„ 85% 73 — 73% 79 4 — 85 128% 105 88 91 84% 86 of Georgia Ry— mortgage 4s series AGen AGen 4%s 89% 71% 11 Airplane Co— conv Central 82% 27 % Jan-July Jait-July 94% 94 20 73 Corp— 9 89 86 76 Feb-Aug 9 91% 85% 72 75% Inc— 65 *176 157 June-Dec 1959— 97% 97% 96 92% 90 1183/4 73 1961_May-Nov April-Oct 95% *90 May Jan-July Jan-July 95'% 93 87% 84 76% Jan-July Carthage & Adirondack Ry 4s 1981 __ Mar-Sept April-Ocf 2010 2%s Light Steel conv Boeing Carolina 13% -Feb-Aay 1978_ Capital *101% 101% *14% 1 Loan 5s B 4% 82 112% 88'A 85 'A June-Dec series 18 90 94 82 — 133 1974_, deb 17 103 91 134 Consol mortgage 2%s series I 1970Gonsol mortgage 2%s series J 1976 Consol mortgage 3s series K 1979 12% 93 % 96% 135% 1—______i 1993 4%s Bethlehem 12% 98 84 94 — 107% 1978 1 89 1 __ Co— A 9 108 334 .__ 2010 series 12% 107% 103% 109'A 110'A 1970 California Oregon Power 3%s 1974 91% 86% 98 102% adjustment— First __ 20 109% 1990 debentures Bush Terminal — 98% 97% First 60% 63% 96% 97% 4 1966—_Jau-July Ja?t-July Feb-Awy 1995— A debentures & 89% 60 60 96 Mar-Sept —J&n-Jnly .___Mar-Sept 89 100% 88 __ .105 94 83% 60 85% 1980 89 100% *93% 97% __ 17 —_June-Dec 96% May-sNov 20 1963^—May-ZVo» 1964 97'% Jan-July 89% Feb-Aug deb 13% *11 June-Dec 100 83 % __Feb-Aug City Electric Gs 1955s Power Debt 71% 80 *193 " Jan-July Jan-July D C debentures 63% Canadian June-Dec 108% 223 95% April-Oct series Z 1939_ s 38 13 June-Dec June-Dec 102% 183'/a 35 83 Vb June-Dec 101% 358 89% 97% 85% 93% 96% 388 *100% 83% 3%s 78 96 95% June-Dec 94'/4 B 19«0 Electric & 3s ml.ge Industrial 12% Fund— 1971 Gas ref M conv 4%s -95 — Z 95% Feb-Auy A 1st mortgage 3s 1980 1st mtge 4%s 1983 ~ June-Dec 104'A 104% 1980_ ser Brunswlck-Balke-Collender May-Nov __May-Nov 87% 196% 199% 1S87—__— ser series Finance — — ___June-Dec 7s debs Beneficial ♦93 — 82 197'/a 1979 ser 61 — -7 April-Ocf 1962 mtge 3%s conv 4'As *64 (interest*^ 1962 mtge 4'As 1st ref intge 96% — Jan-July Jan-July A mtge 4s cons Boston — "95. 36 80 72 RR— cons 4%s 57% Jan-July 84% 79'/a Corp— cons SVis *55 Mar-Sept ; to extended to footnotes subord conv 1st & — __ ~ (interest 83 % -May-Nov debentures debs Manufacturing 4%s — *80 Ltd— Development (40-year) 55 (Interest —. Electric l%s due subord 1st — 1974 Taiwan 48% 56 — Jan-July ____Jan-July 83% 93% 1962—-Mar-Sept 1979 Baltimore 63 A 1999 A4%s assented 1958 South Africa (Union of) 4'/4s 1965 5%s extl loan Jan 1968 5%s external loan Dec 1 1968 Southern 5^% 91 _5 _ApriZ-Oct 1968 Plan external 95 69% *69 * 78% 86% 5 78 1972 47/«s June-Dec 71% 47 ^May-Nov Ry A C 2%s Berlin June-Dec 1 89% 87 , series Refining Atco 16 58% external extended of) 11% _ May-Nov external 1962 1952 (Prov — 38% *80% __ 74 % 72'% 55 1984^_— 4%s ser ser debentures |A6%s May-Nov Shinyetsu Electric Power Co. |A6%s 1st mtge s f 1952 ABilesia — 38% ____May-Nov (interest A (Kingdom) secured -- 69 % A 2004 2004 to *93% *55 May-ZVou : 2.5%) loan pursuant 4'As mtge 3%s Beneficial June-Dec Plan reduced to 2% ) 2012— Croats & Slovenes Serbs 6 *64 Feb-Aug 74 88% 60 _— Line RR conv 5s 76% 185 1995— Air Line 3V«s 1st ref Feb-Aug 1966 reduced to 2.57c) 1999— |A7s external water loan 1956 A68 11% — 2001 to pursuant Charl 4%s 18 17'% 83% 69% 16 14 (interest 2.25%) reduced to 2% ) 2012 Bao Paulo (State of)— 8s 1936 stamped pursuant to Atlantic Baltimore sinking fund 1957 May-Nov Stamped pursuant to Plan A (interest reduced 14% 12 *48% April-Oct (City of) 6Vis 1952— (City) 8s 1952 Stamped ; 1 77% 50 Feb-Aug debs 4%s convertible income Feb June-Dec to Plan reduced to 2.375%) A6Vis est! secured . 13% 1 *61 . April-Oct Paulo Stamped 11% 12 11 % (interest to reduced Stamped 1 deb 3%s Joly 1 Coast mtge 14 (interest 2.25%) 2004 stamped pursuant to 1967 lASao A 1999—; sinking fund gold 1968 pursuant (interest lARome 11% 103 71% _Mar-Sep 1962_Apn"Z-Oct 3s 1977— mortgage 4s 85 79% 70% April-Oct Gen 14 __April-Oct ; to Plan 2.5%) reduced to 2% ) 2012 A7s external loan of 1926 reduced 4s & 17 80% 78% April-Oct 1977__. General 12 April-Oct .-___ Stamped pursuant Stamped Stamped Atlanta Atlantic 84% 73% 98% 1995 4s 48% 82 140'A 34 89% Topeka & Santa Fe— 84% 17 (interest 6Vis Stamped pursuant debs 84 83% 138 75% 97% 1D7C—— uoueuuirus General ■ *14% Jan-July (State of)— loan of 1921 1946___ to 84 — Sul external 84% 11% ———Mau-Nov of) to secured reduced — 255 255 88 ——1 sub Investment 44 "l 84'% *12 Jan-July 1953——_ Stamped pursuant to Plan A (interest reduced to 2%) 2012—— |A8s 102'% — inc debentures subord Atchison 95% 100 48% *83 A 2006 1973 reduced to 2.375%) Rio Grande do 93 7 — 5s 1st to 53As Stamped pursuant JAExternal 28 _z 85% 80 98 Corp 4s 1960 3%'s debs 1977 1st Nyasaland—' Janeiro 101% 186 A Plan (interest 4%s — stamped pursuant to Plan (Federation of) -- *83 Jan-July Jan-July (Interest reduced to 2.375%) 2001 7Vis 1966 stamped pursuant to Rhodesia 84'% —April-Ocf ApriZ-Oct : Co Gen —____Mar-Sepf Mar-Sept 1960__june-Dec 1961__April-Ocf 1959— A4Vis assented 1963 ' 93% 100 186 ... (interest 7s & 074a 101 101% 101% *67 lAStabilization loan sink fund 7s 1947__April-Ocf A4%s assented 1968 ApriZ-Oct lAExternal sinking fund gold 8s 1950 Porto 92 101% Mar-Sept series 2nd *100 —May-Nov gold 6s 1940 1958 *179 75% 67% 72% Apr-Oc*- Armour 90 146 174 89% first gold 4s July 1995——Quar-Jun Steel Corp 4.35s debs 1984___ Armco *186 May-Nov 2008 external f s 99% y 90 — 76% 70% Arbor Associates Mar-Sept AJar-Sept (City of) 5 Vis extl 1973— lAPernambuco (State of) 7s 1947 (Republic 101% 75% 88% Anglo-Lautaro Nitrate 99 95 104% - — 1977 99% 96% 5%s . : 93 98 88 10 May-Nov debentures 97'% 99'A ___Feb-Aug Oslo reduced debentures 89% Jan-July ApriZ-Oct —- —— Co 1969 90 69 % June-Dec — 1973 Tobacco debentures 99% * ANat 3s debs conv American 105'A 98% 1963——Feb-Aug A 46 98 99 102% 69% _Feb-Aug —___Mar-Sept 1990— *99% ——April-Oct Stamped pursuant to Plan debentures 92 96% 98 88% ..—.June-Dec debentures 1985 debentures 1983 *98 Municipal Bank e^tl sink fund 5s 1970__June-Dec IANuremberg (City of) 6s 1952__ —Feb-Aug APeru 1984^ 96% 22 27 : 93 *98 71% 4%s 46 94 99 79% debentures 8%s 1965 1965—— external loan 43 93% 98% April-Oct 1973 5s Mar-Sept Zealand Norway 43 102 % 90 April-Oct 1971_ 4'/4s reduced New 43 (interest 87% 96% 15 74 debentures 8%s —Mar-Sept 1959——Mar-Sept A 80'% 51 241 8'/4s 1953——_Mar-Sept A 31 98 75 debentures 98% 92 Feb-Aug 3%s 94 95% 82% Feb-Azty 2%s — 68 88'% 34 75% Jan-June 1982— 62% 45 , 91% 1986——__________Jan-July debentures 101 118% 97% *90 Mar-Sept j 5 ** 8S % 96% 96% 99% 107% 92 Co— 1980 6 98 1964—May-Nov ApriZ-Oct 1975— debentures 2%s mmj \ . Geraes ASecured extl sink fund 6%s 88% 98'/4 1987—_ 64 % 81% June-Dec 1977 92 95% 95% ...April-Oct 2030 95% 85 103 116 63% 88% Jan-July • Minas 64 Yb 93% 1988__ 92% 112 Telephone & Telegraph Co— debentures 101 9 99% 100 Apr-Oct deb 17 13% 200 100 '/a 2 *96% 115 1970—May-Nov — % 81'% 255 debentures 2%s 13 10 87% 87% June-Dec 19G6 91 198% x91'/4 a April-Oct 1982 debs Foundry debs 83 11 100 % 100 l964_—.___Feb-Aug Ltd 93% 96 INDUSTRIAL COMPANIES 1975____April-Oct debentures Foreign junior conv American —Jan-July •——— 100% 94 92% — 16 *9% 92 88'A „— *12 May-Nov 1978 1 88 *86 *83% Mar-Sept 3%s 1980^— debentures 102 84 '188 AND 1979—————. Canada 4 95 1972—Jan-July Dye 3%s debs Airlines American 197% 17% 1922 — 3%s 4%s 3%s 206 100 94 Feb-Aug Feb-Aug — assented new 19% *19% to f s 4.80s 1963-Jan-July — (assented 1933 — ASmall !AMllan agree't) —-—.... Co 18 90 *89% June-Dec 1967— debentures debentures 1983— f 89% *90 % June-Dec sinking fund American 16 Jan-July assented new mtge 100% 202 __ 3'As America s American 13% ——— ASmall & of American 16 — A4s Co Aluminum 4%s *14% 1958 1984 debentures 4'As 20% 20% agree¬ 1945 5 ASmall f s American 1968_Jan-July 1st 3%s 13% 18% __ — Chemical Aluminum June-Dec assented IA 4s of 1910 Co 100 % 101 90 Alleghany Corp debs 5s ser A 1962 ; May-Nov Allegheny Ludlum Steel 4s cony debs 1981_Aprll-Oct Allegheny & Western 1st gtd 4s 1998— April-Oct — — , *19% — *19% (assented due 1954 -new 13% ~ 97 ' (Dept of) 51% ... 48% ,4 — Power mortgage 3%s 3s agree't) Valley Albany & Susquehanna RR -- (1942 100% High 191 . 26 — Large A4s Alabama 1st — ' ____Jan-July 1971 Southern Low __ 1984 6s of '26 1961— 1961 extended to " 1937)—> 1958 Great 101% 17 1 of external 7s (City of) Jan. 1 No. __ RAILROAD , 15% (City) Alabama ' 1968__Jan-July bond Range Since Sold 191 *100% June-Dec Cauca assented 6a due 192 99 ■ 51'% 51% ASmall 5A4s of 1904 Cauca See Bonds High June-Dec readjustment fAWarsaw 107'% 190 20% 1953— 1963—— to (dollar external Del Friday's *179 Co Ltd— series 215'% ~4 99 99 jB.n-July agreem't) 1968 assented new $ extended AYokohama 97'% 101 % ...June-Dec 1978 (1942 (Republic of) A5s Valle 94% 214 — Mexico 3%s 144 94% _9 or Bid Si Asked April-OeZ __April-Ocf — readjustment 1979 < May-Nov External conversion 1979——May-Nov 3%s-4'/as-4/<,s external conversion 1978lJune-Dec 4s-4'As-4%s external readjustment 1978_Feb-Aug 73 92 56 1961— External 72% 142 11 *185 1957_ApriZ-Oct 7s — 102% 103'% Irrigation— ANew assented mtge 1953 3%s-4s-4%s 73% 69% __ 30-year 3s Mexican 1st 6s 103% 68 *203 __Feb-Aug May-Nov May-Nov 1975 J A Jugoslavia (State Mtge Bank) AMedellin (Colombia) 6%s 1954 95% — 94% '27 1961 extended to 1971— |A4%s Japan 5%s extl s f 1674— Japanese (Imperial Govt)— 1965 8 6s 100 68% 13 71 of Uruguay (Republic of) — 99% 99% -- Sale Price Week's Range Last Period — Tokyo Electric Light 41% 40 ' 71 June-Dec (Government of) 1974 due ' 69 % Mar-Sept 51/28 29 . f extl loan s ' — Friday Interest Exchange Low A5%s extl loan 5%s due 97 26% 35 *99% 104 -—Jan-July s *-83 333/4. 102 — — Jamaica BONDS 110% 86 38 35Vs Works f 3s 1977Italian Public Utility Institute— 30-year gtd ext s f 3s 1977— SAItaly (Kingdom of) 7s 1951 ext 21 New York Stock ... " Ort external 6%s 1960 April-Oct ext s f 3s 1977-_—_--J°n-July Consortium 30-year gtd JULY High 104 96 *95 __ Italian 110 1946 6s Jan. 1 Low No. High 110 __ — funding 4%s 1966— (City) (Republic) Sold ^ — Helsingfors ENDED Range Since Tokyo (City of) 1980 dollar ° Low May»o, dollar 5s Bonds Friday's Bid & Asked German It WEEK Week's Range Friday Interest bonds A 1995 —Jan-July mortgage 4%s series A Jan 1 2020—_May mortgage 4%s series B Jan 1 2020—_May Illinois Light Co— conv debentures 1974 June-Dec ♦89% — 106'A 69 7 73 78% 83 90 8 65% 75% 177 102'A 106% — 69 105% 1063'4 Volume Number 5867 190 . . The Commercial and Financial Chronicle . (381) NEW YORK STOCK EXCHANGE BOND RECORD BONDS New York Stock Central RR Central Co. New of Exchange N J York Interest 3 Vis Power Period Week's Range East — Sale Price Bid & Asked or Jan-July 1974 43 Vi April-Oct Central Pacific Ry Co— ..First and refund 3%s series A First mortgage 3%s series B 1974 de 5Vis Pasco 4Vis Paper debs subord conv Chesapeake & 1979 Fibre & debs Obio deb Feb-Aug 4 Ry • R & consolidated gold 1st & ref & mtge 3s ref.'mtge 1990 First mortgage inc 1997 5s conv mortgage 3%s series' income debs Jan 2054 A5s AGeneral inc mtge Chicago Milwaukee St Paul & First mortgage series 4s General, mortgage 4Vis debs Inc ASecond Jay inc conv B Jan 1978 4Vis First mtge 4Vis 2%s income 1st mtge A ser debs Jan 5 Vis 1980— 1995— C ser First and Income Chicago 83 2:,.4s-4 Vis 96 92% ■■ 96 — 5 1 1999 81 80 V 89% 97 3 77% 82% 73 81% *78 8 80 788 77 69% 16 73 68 V\ 66% 68 68'% 83 64 Va 72% 64 3 63 % 64% *611/4 63% 3 310 59'% __ — 83 C I T ~5 lOl'V 103% 82 *64'% 68 64 64 95 95% 11 '93% 92% 10 92% 78'% 8 77 May-Nov 831/4 89% 89% 2 88 98% 89% 89% 5 891% 92% 78% 2 78% 831% 3%s 4%s debentures Cities Service Cleveland 1971 3s Co f debs s 1977— Cincinnati General gold General Chicago 1993 4s series 5s B & St Louis 1993_ Wab Mich & St Louis Division Div first coll 1st 1st mortgage 1st mtge 1st 1st Colorado 1985— 1989_ 1993.1 3%s 4%s mtge Cleveland 2%s 3s mtge 1994 Short Fuel Line & first Iron gtd Corp System Inc— 3s debentures series A 1975 3s debentures 3%s B series debentures 3Vis debs 3%s debentures series D debs series G 5s debs series I 4%s debs 47/bS debs 3Vis subord Columbus 1st series mtge Combustion 1964 ——Apr-Oct 1981_. Co— mortgage 3s series L First mortgage 3s series N sinking fund debentures s f debentures 1999— s f debentures of 74% 110% 114% 105 82 83% i 5 89 107 ' 82 1 i 102 Vi 105% 13 1001% 3 94% 100 3 99% 92 Vi 92% 1 90 06 86 3 85% May-Nou 90. Feb-Aug 98 82% 119. 98 121 82% 110 89% -109 5 80% 86% 80 83% 83% June-Dec 81 ——April-Oct 78 April-Oct 72 72 72 70% 75% 72 Va 78 83 ' and refund mtge 2%s ser A 1982.Mar-Sept 74% 74% 7 and refund mtge 2%s ser B 75 75 1 73% ser 80% 86 83 901/4 and refund mtge First and refund mtge 3s First and refund mtge First and refund mtge 1st & ref & ref M 1st & ref M 3Vis series 1st & ref M 3%s 1st & ref 3 Vis & ref ref M 1st & ref M 1st & ref M 4 1st & ref Vi 5s 4s M series N ser 5 Vis conv debentures 4s conv debs Consolidated 4%s conv Consolidated 1st ref 1st M ref 1st ref M debentures 3 Vis 3 Vis 3s debentures Consumers 1st 1st 1041/4 91 92% Jun-Dec — —-June-Dec Continental Can Continental Oil Co 3s footnotes 120 116 125 Vi 216 104% *70'% *84% *75 87 *89 79% 94% 104% 95% 7 103% 93 % High April-Ocf mtge 27/8s 1975_ 6% 7% 45 3%s debs debs 5%s 18 5s 119 119 120 43 1984 debs 91 % April-Ocf '86 ..May-Nov 1983 Apr-Ocf *78 102% mtge 3Vis *66_May-Nov 91'% — 79 12 3%s Ry %s ref M 4s % Ohio conv 4Vbs 1973 D inc 4s sub see series) page 31. 1970 June-Dec 13 Vi 13'% 15 ' 13% 31 77% 74 96% 76% 5 1161/2 81% 73 17 208% lOl'/a 75% 93% 90 97% 91 '/a 101% 8 91 94% 20 118 116 134% 106 88 88 112 91% 88 *99 1011% 1021/2 101 _I *100% 101 96 96 53% -- 59% 58% 59% *88% 61 % 56 59% 85% 59% 88% 59 __ ' *— 132 62% 59 61% 87V4 61% 58 193 53 61% 87% -- 87 V4 132 132 .98 98 7 97% 83% 83% 2 81% 86 % 86% 3 116% 1181/4 118 73 106% 105 Corp 126 146 86 % 110% 191 90 99 7 88% 100% 83% 90 123 Va 118% 97% 92 94% 138% 139 % 109% 111 111 40 124 149% 47 105 118% 99% 198 99% 99% §8% 101% 1621/4 161% 168 72 136 100 100 IOOV4 4 98 91 91% 70 90 95 86 88 12 86 95% 98 n 99% 308 98 3aa 99% 90% 298 98 86 176 102% fund 99% 100% 43 89% 94 85% 86% 11 85'A 91% 87%, 89% 80 87 92% 87% 88% 85 103% 104% 92 90% 109 101% 108 96 89% 96 87% 104 92 87% 87% 88 conv *98 86 56 93% 87 91% 95% « — 98% 90 161'/a 146% 163% 675 124 163% 169% 154 486 130'A 171% *92% 171 % '75_May-Nov 1978 Jan-July 100% 100'% 106% 17 99 94 90% 105% 107% 123 125% 140 101% 101% 125 92 % __ Jara-July — 3 96 49 100 104% 94% 111 119% 138% 100 106% Jan-July 95% 95% 3 95% Jan-July Jan-July Jan-July 66% 671/4 3 66% 77 69 69 4 69 75% 65 73 % 69 *65% . *58 Jan-July 68 *95% —Jan-July 96 series A July 2015 series B Jan 2044 *77% 1980 1st mtge April 63 *83 73 4%s f debentures 74 73% 87 87 82 76 8 73% 79 _2 Apr-Oct 234 100% 100% 101 96% 91 — 1978 1984 1982 June-Dec Jan-July Jan-July Jan-July HAHudson & Manhattan first 5« A | A Adjusted Income 5s Feb 1957 1957—Feb-Aug April-Oct 1 26 36 3 *84% * 202 99% 78 91 237 104 94'% 100% 91 100'/a 85% 95% 95% Mar-Sepl 1977-: 80 89 83 95% 91 91 91 80 85 91 Jan-July Jan-July Jan-July 87 74 234 69 83% 70% 80 June-Dec 62 21 — series) 1975 series) 1978 debentures 85 83 2%s 1976—Mar-Sept 1970_—. —Jan-July debentures f 60% 97 75 14 _ 73% 1976—May-Nov 1968— s 57% 95% « 79 62% ;Aprl) May-Nov Jun-Dec G 2056 debentures 101 . Community— (7th (11th debentures f 106% 88% 10 *92 April-Oct May-Nou 1976 series A 5s s 105 168 97% 91 91% *92% deb 1979 and Steel secured s 89 148 90 — fl942 77 74 1965—May-Nov RR— 3%s 4%s J 101% 103 98% Mar-Sept Mar-Sept May-Nov 43As 1981 mtge 2%s Utilities 2%s sinking 4%s 90 % 94Va Co— C series debs series secured 4Vas 101 "a 102% 90% 1979 1969 Household — 96% 95 Va Corp— Hocking Valley Ry first 4%s 1999 Finance Corp 2%s 1970 '100% 102% 1965—i.Jan-July 1976 debs 1983 first Company Mining Coal 24 86 19 10 *197% 198%. Corp 4s conv subord debs 1970—_—Jan-JuZy Authority of the European 81 Apr-Oct debentures 113 98'% 94% June-Dec May-Nov 1988_— 89% 97% 94% 98% 99% 2%s 102 80% 7ft 97 1 90 Mar-Sept Jan-July mortgage 2%s series Q 2010 mortgage 2%s series R 1961 mtge 102 74 90% 90% 87 89 .April-Oct -Jan-July 102 99% 97 Va 98% mortgage 3s 1978 debentures 1969 Mar-Sept —April-Ocf 81 Co mtge inc 5s Hertz Cuba— 66% 8 90% May-Nov Jan-July June-Dec Co & Union Harpen 99 66% 66 % Jan-July Mar-Sept Mar-Sept _Feb-Aug 1st mortgage 3%s 1981 1st mortgage 3 V/bS 1982— Hackensack Water first mtge 103% 12 16 R) Northern 1st 79 1'04% 104% 95 % (W inc 86% 641/8 Mar-Sept Jan-July -— Co mtge 3s 85 *79 104 C 1977- Rubber (B F) Mobile & 1st 86% 84'%, 86% 1976 May-Nov June-Dec April-Opt 3Vis 43is debs Co Gulf States 71 3 Mar-Sept — debentures General 79% 75% debs 4 5s 80 79% . *70 Jan-July May-Nov _May-Nov Corp 3.30 debs 1980 Telephone 4s conv debs 1971 Tire & & / April-Oct Shoe General 125% 153 72% 2 89% Texas— debs Utilities 5s series Gulf 78 87 —April-Oct i 1982 1977 General 103% 1979 1979 income conv General 119% 134% 80 99 / -Jan-July 1974—-Mar-Sept mortgage 3%s series N 1990 General mortgage 3%s series O 2000 General mortgage 2%s series P 1982 257 105% -April April-Ocf May-Nov 1961 — Corp 1st *78'% Mar-Sept Feb-Aug — Products Co 4%s subord Crucible Steel Co of Am 1st Rys mortgage 4s 104 243 99 1971—Mar-Sept General ' June-Dec Corn Northern 311 276 64 74% 79% *51 1969 General 102% %' 140% 83% •*55 1961 General 96% 104% 104% May-Nov — 1987 3s 89% 108% 110 ' Jan-July ApriZ-Oct 1972 4%s 33 of 1964 & Great 1091% 104 Vi Jan-July April-Oct 2001 first 4%s 73 109 Vi June-Dec of 88 (Bait)—- 1968 . "81% 91% 101% June-Dec , 1981 2%s 104 Vi Feb-Aug debs Baking For 104 April-Ocf 1982 debs mortgage Alst 9 1983— Continental Cuba 95% 1982 Power mortgage conv Gas Railroads inc cum 4%s 95% —April-Ocf 2 176 % 138 2000—Jan-July 1984 3%s Realty Grand . 91% 81% Co debs Motors conv Grace 139 % 77% April-Oct A debs 1975 Goodrich 871% 84 1979 debentures Consolidated A3s 80 1978 debentures 4%s 6 1984 1976 debentures debentures 4Vis 5s Natural 90% 2 inlge s f 2%s series X 198S Consolidated 4 81% 1989———June-Dec U 32% 88% 80% 82'% 167 G debs series debentures Glidden 7 10 E, 1964—April-Oct F 1990—Jan-JJily ser Ry Co 4%s 1960 debentures debentures General 77% 84 7/8 Jan-July 2015-. 1972_— 4%s 87 86i%. Gas El Light & Power 2%s series T 1976: series 82% 82 801/4 ——.————_Feb-Aug Electrodynamics Corp— 2%s *81 ■ 1973 Jan 1976—. debentures General 74 Acceptance Corp— debentures General 82% 80% -- 75% 86'% 1963_ debs 7 May-Nov 1973— subord 76 — 4%s 1980 Corp debentures 5s 741/4 84% May-Nov Oil subord debentures A4s 83% 1985\ 1986 1988 P 78 81 % 1987 ser 3s W6 81 1986 M series O 3 Jan-July —June-Dec L series s 1984_. K series 3%s M & 21 *78 _Mar-Sept Feb-Aug 1983 J 83% 84% —May-Nov 1982 I series F 82% 81% 1979 1981 H 82% May-Nov Jan-July 198l_—_Feb-Aug E ser G series 3%s M 1st 1st series 3%s C D 1972 ser 3s 1st M ser 3s A 3s eoriv General 79 2%s 1977-ApriZ-Oct l972_June-Dec First 4s American conv debentures 4s 90% 78% 170% 170'% ApriZ-Oct April-Oct — 5s Denver General First First 1965 2020, 3%s 73% -April-Oct 1 3%s York— New & Motors 3s 82% Stores Foods 3s 89 83% 72% *104 5s 1977 2%s 128% 14 *70 3 Vis ser debs Dairies Inc Genera] 90 86% 117 first 1972 Coast General 101 90 .. Gen Amer Transport 4s conv debs 1981 Gene.ral Cigar Co 5%s income debs 1987 GeneraL Electric Co 3 Vis debs 1976™ 94% 91 74 gold 5s 1995_Jan-July 1970 Mar-Sept cons Ry Rubber & East Fair 4%s % 84% 86 1 — 85% 86 May-Nov mortgage 3Vis subord 3%s 72 Corp— Jan first Tire Worth General 105% 85 Apr-Oct Gardner-Denver 4Vis coriv debs 1976—i Garrett Corp 4%s conv debs 1978 105% 102 Vi 102 Vi 120% 93% 93% *73% 102% 1965—Jan-July l~ 1973 4Vis debs debentures Foremost 102% 85 Metalrurglcal Corp— conv Fort ~2 107 Steel debs inc division 89% 86 % 61 80 »/4 87 — Co— mtge 3Vis debenture Food 52"% 5 — Mar-Sept Associates 3%s Southwestern income AFlorida 91 60 Apr-Oct 1988 ser 90% 97 104% 104 % 94% 94% -—Mar-Seot June-Dec %' 1977 ser 82% 94% May-Nov ; 86% 58 1 *83V'2 Feb-Aug mortgage 3'/as mortgage 3%s 83 % *99 Vi 101 1970—_May-Sepf -. 83% 89 June-Dec April-Ocf Mar-Sept May-Not? . 16 86% 82 e 63% 1 87 April-Ocf mortgage 3 Vis 2%s 53% 53% Mar-Sept consol 4%s 82% 85 May-ZVou Jan-July Mar-Sept 1977. consol Fansteei 72 / Feb-Aug Apr-Oct conv consol A5s 57% 82% Apr-Oct 1961 First Ohio 61 % *87% 1976_Mar-Sept 1979 Eastern & / May-Nov 1983 - First 114% 86 Vi 83 B ser First 99i% 587 & General 98 97 1961 1989 Fuel subord Joliet Paso 99 67 *66% 1982 2%s 2%s Stainless conv 611/2 *66% 1977 4'/as 3%s & Erie Railroad 95 96% debs Inc Co 4 Vis Gas 101% 95 14 57V2 . 57% 62% *72% 1986—i mtge 93 89% 93% 42% 61% Feb-Aug stamped 1965 Energy Supply Schwaben Inc 5Vis 80 93 __ 7 May-Sept Mar-Sept May-ZVop 1978- 5s 76i% 75 39 *82% April-Oct 2001—. Edison 98 100 -.June-Dec 1999 2%s 2%s Consolidated 114 Jan-July 97 *99 8 1995—Jnne-Dec 4s debentures 3%s El 81 •' 96 % 30 . Inc— 2.35s mortgage Elgin 82 12 94% Va ^-Mar-Sept May-Nov debs debentures Edisqn El 111 (N Y) first 90% 1982 1969 2%s 4s mortgage Firestone 1983——.—— Edison 98 1961—April-Oct 1977 81 ■ 94% 96 Jan-July 1983 5s 93 80 r' '75 96'% June-Dec 4%s 3%s 1st 74% 85'% subord debentures Eastern 66 ' RR Corp Industries Eastern 84% 59 — May-Nov Mar-Sept 4Vis 3 Vis First 3s ;_Mar-Sept - 1 10 86 97% June-Dec Tunnel Co Light mortgage , 1985 gold mortgage 1st 75% - S3 , Jan-July April _Mar-Sept 1st 0» 70% — 88 * 97 May-Nov 1980 1st 94% 88 & subordinated 1st 101 14 63 97 106% 87% 82 —— 50 1984O lien fronton Duquesne 101 1 86% 72 1995_ 4s Gardner f N first Terminal Chemical 3s 70 41 *83 Vi Elec debs subord 1990_May-Nou Jan-July Engineering Inc— conv Commonwealth 62% *81 >-» O O 77% — 74 —Mar-.Sept April-Oct 1987— 4 Vis 1991_Jan-JuZy 1981— 1983_ debs Ohio 3%s mortgage 1st 3%s K 35 — 72 1980 E ser s ~5 : *82 68 1976 series Dresser - __ *88 83 % 1982 conv South & *74 74 *82% 1983— J 79 Feb-Aug 1982_ scries 78% ApriZ-Oct 1981 5Vis debs series H 96% . — 1979 3Yas debentures series F 4%s 88% 38 1977 C series 18 98 Ry— 1975— series 99% 90'% 97 '/4 79 1970 Jan-July —__June-Ocf 47/Bs Columbia Gas 398 89% 98 1977—Jan-July 4s Electric Illuminating 3s First mortgage 3s 1982.——— U 100% 89Vi .——June-Dec trust 4s Cleveland 78'% .——June-Dec — Refunding and impt 4 Vis series E Cincinnati 2%s 3 Vis conv 87% 81 *89 *45 1971_— ref ref Aircraft 82% 78 81% -- 102% 103% 1973—May-Nov 1970 debentures & 5s 98 73% 99 K ser debs & 4s 98% 93% 92'% 99 §0 ser Gen Diamond 78 % .—Jan-July —Mar-Sept April-Ocf Jan-July 2%s convertible conv Detroit To! & 69 66 93% . H J ref mtge ref 3%s gold 150% 78 fixed (3% series Gen 92% ~ A & Second 105% 76 81% May & 3%s 105 59% ~i 64 3s Mack 100 114% —- *— 23 Div C 1993_ series I &. 3 187 ■ 102% 10 79% *11 26 ' —— 140 25% 10% 101% *78% 25 % 10 Co— Salt Lake Income mortgage (3% 1% contingent interest) 1993 Edison Detroit 83 .102 — series 4 — 101 Hlf> 121/4 Division 3Vis 78 92% Corp 4s debs 1960 debentures 1970———. M due Gen v'.' May-Nov Financial refund Gen 67 77% ' — 83. RR General, and refund 2%s 77% 60% ~ 1963 Western contingent interest) 1993 mortgage series A 4%% 2018 & Detroit Dow . extended & Lackawanna & Western and fixed 83'% 68% mtge 2%s 1975_ApriZ-Oct mortgage Hudsoif 4s Lackawanna & Income Denver 82'% gtd 3%s series E 1969—-Feb-Aug mortgage 2%s series G 1974———Feb-Ang First First 1983 Essex Douglas 1982 A debs mortgage 62 69 Jan-July ser & Mar-Sept _May-No» —ApriZ-Oct Jan-July Feb-Aug May-Nov 1965 mtge & coll tr 5s ser A 1985 May-Nov mtge & coll tr 4%s ser B 1985 May-Nov Delaware Power & Light 3s 1973——_v—April-Oct 1st mtge & coll tr 3%s 1988 : June-Dec Denver & Rio Grande Western RR— 59% 79% Jan-July 1st subord 1% 54 50 • 79 Jan-July 1963 Elec 1984 1987^—. Co 11 13 135 137 .—Feb-Aug 2%s debentures debentures 1977 Detroit 1963 mtge 4%s 3s 5s 1982 1st * 1 April-Ocf Mar-Sept 1975—April-Oct Jan-July Collateral trust 4-6s May 1 2042— Pennsylvania Division— , F & & New York V 65% 4 81 76% 1986 1st 79 Mar-Sept —Feb-Aug G Gas mortgage mortgage Morris 99% 89% 2 debs 6s 3%s mortgage ' April series trust Publishing Co Delaware 74 59 series 1st mortgage 4 Vis 1987— Cincinnati Union Terminal— *10% B 4Vis 84 50 3'/hS Cincinnati June-Dec First 70% 53% 2%s coll 1970 Alncome 71 Chicago & Western Indiana RR Co— 1st series ref Jan. 1 Low 10% 4s & Range since No 15 10 Vi _June-Dec 3 %s j. , 56 % 50 mortgage 121/4 lien 1st 82 18 . April mortgage 12% *11 86 26 April First Jan-July equip 4s 1970 First-mortgage series First 1970 June-Dec First- 87 . 95% __ 89% .Jan-July —, 30 June Bonds Sold High 1970 Deere " 96 82 Southeastern Ry— 1994— " 61% *74 -Jan-July ._ Station— , 92% 81 '32 61 80 Vi '% 96 81Vi refunding mtge 2%s-4%s 1994-Jan-Jtily Union 86% __ — .April _Mar-Sept 1983__ Chicago Terre Haute & 87 81 * 2044 1 mortgage 3s series B 1989— Chicago Rock Island & Pacific RR— 1st 103% 81 — 83% L—Jan-July 2019—April Jan 1 2055— Ry— Western mtge A 96% 79% RR— 1994 ser series A ser Chicago & North A 4 Vis inc Increased conv A 5s Pacific 1 8 < 10 81 April Chicago Indianapolis & Louisville Ry— A 1st mortgage 4s Inc series A Jan 1983 A2nd mortgage 4Vis Inc ser A Jan 2003_ Thursday's series A First i 89% *81 1988—Jaii-July A 2038 94 122% 92% *711/2 4Vis Jan 1 or Bid & Askea 4s Delaware May-Wr*"*/ May-Nov Chicago & Erie 1st gold 5s 1982 Chicago Great Wesferh 4s series & 4s Daystrom Inc 4%s conv debs 1977 Dayton Power & Lt first mtge 2%s First mortgage 3s 1978— 117% 108% 98% :. April ; Week's Ranra Last- Sale Price lien & ref ACurtis 93 1061/4 95 81 Vi. Chicago & Eastern 111 RR— AGenerul Period Alst 90 Va 931% 95% Feb-Aug Feb-Aug 1978 Friday Interest - Low mortgage AImp ' Jan-July . 4%s — 425 *89 Chicago Burlington & Quincy RR— First and refunding mortgage 3%s 1985—Feb-Aug First and^refunding mortgage 2%s 1970—Feb-Aug 1st 851/4 91'% — 98% . 1989 4s 24 RR—— Alst 49 90 79%, 81 impt M 3%s series H 1973__June-Dec div first consol gold 4s„1969 -Jan-July Second Cuba High 80 90 81 % and A -14 112Vi 114 1992_„Mar-Sfept' Refund and.impt M 3 Vis series D l996__May-ZVoe Refund and impt M 3'/2S series E 1996—Feb-Aug Refund JULY BONDS New York Stock Exchange 42'% *94 4 Vis gen Low 205 107% 109% Jan-July „ No. 82% *91 Vi 109 % 1965—J an-July 1984_ ENDED siuvc Jan. 1 Alst —Jan-July 3'/as katut Sold 44 Vi 81 Vi Corp— subord conv Champion Bonds High 43 Vi 1968—__Feb-Aug Cerro WEEK FOR RANGE Friday's Low 1987 3s Friday - 98% 97 89 'A 9 88% 98 98% 89% 98'% 32 97% 15 100 V* 112 50 Va 66 15 28% # 97 98 101% 103% 57 56% 57 17% 16'% 17% 7 103% 104 105% 29 The Commercial and Financial Chronicle SO . . , (382) EXCHANGE U BOND RECORD WEEK ENDED JULY NEW YORK STOCK ■ tt I Monday, July 27, 1959 wratw. for Interest Last Period BONDS Bale Prieo Ixekwn New York Stock or Friday's Bid & Asked Low mortgage 3%« series B mortgage 3%s series C 3^1 1 i lot 1982 mortgage 3.20s series I —Feb-Aug s 4%s s OH debentures Interstate I-T-E Power 100 % 100 81 — — Co 3%s 97% 100% 33 98% 1041/2 7 98 91 91 91 10 SO 209 _200 87% !> —Jan-July 211% 151% 295 87% 10 Jan-July 1978 — 1982__—April-CM conv 128% 1976—Mar-Sepl Mar-Sept 27/as 128 77% *89% — 1961 Mich A registered South gold 3 Vis 90 *76 — 170 113% 135 4 92 761/2 £9 ~ IO31/2 405 ref extended 5s to Series A 1970 Series fixed 5s A Series D ASeries E Interest ' *93 % 83 95% 92 96 — — - 95% — *111 • 125 62 *60 67 78 78 *97 96 Vi 2% 62 70 — 60 64 Vi 6 — 72 80 RR 5%s __ April-Ocl April-Ocl April-Ocl 4 70 75 4 60 67 Vi 33 1978 May -Nov 1972 Jan-July A 1977 Y 1st debentures debentures s I debentures 1977_ 4%s s f debentures 1978 Pacific Ry prior lien 32% 24 ya 44 10 38 46 71 74i/a 75 ■ — 1081/2 109% 122 3/4 121. . — — 99% 18 101 39 —— * 123'/4 106 y4 119 1621/2 4 89 Northern 4s 89 97% *86 'A, 3s lien 3s Jan registered 92% 93 93 ♦82 88 97% First 82 — — 82% First 87 9 86% 921/a 75 ■ 75 8 75 78 *66 *85% *76 ___ ♦68 70 t 80 mm 98% 99 42 129 4 *83 129 88 . 100/2 _ 88 96 __ 1 59 * 83% 83 — — 83 "3 103% 104% 7 80 Northwestern 72 Ohio 101% 971/4 10iy8 Edison First 1st 1st 89 104Vi Jan-July 1974—May-Noo Gas 106 299 86 Vi 98 79 2 79 82% 79% 81 -*91% AnrU-Oct *85 P debs 1986 (quar) F M AK mortgage 4yas lnc series A Jan 1971 AGeneral mortgage 4s lnc ser A Jan Kansas A Texas first 4s 1990 119% May May 1991 Missouri 110 June-Dec 1962 1962 D ser J 1978 A Jan-July Jan-July Pacific RR Co Reorganization issues— mtge 4%s series B Jan 1 1990 1st mtge 4%s series C Jan 1 2005 Gen mtge Gen mtge Income Income 4%s 43/4S ser ser A B Jan Jan 1 1 5s Income debentures Jan 1 2045 4Vis coll trust 1976 : Mohawk A Malone first gtd 4s 1991 Monongahela Ry 3%s series B 1966_, Monon Railroad 6s lnc debs Jan 1 2007 Morris A Essex first gtd 3Vis 2000 ; —. Mountain States Tel A Tel 2%s 1986 3%s debentures 1978 Nashville Chatt A St Louis 3s ser Natl Cylinder Gas 5%s conv debs National Dairy 3s debentures Products 2%s 85% National . 87% 5Vis f 1986 1977 GO 92 121 Paper Pacific Gas First debs For footnotes 79 88% 60 12 55% 651/4 65 65% 35 62% 71% see 78 85 Vi 64 74 17. 64% 73% 632 28% 43 7iy4 72% 126 70% 76% 70% 70% 142 69% 75% 62% 641/4 111 61 Vi !71% __ 59Vi 60% 133 58 68% 58% 58 58% 282 55 65 93% 93^4 5 S3 98'% 63 Vi 64 24 62 64 *85% 90 85 88 Mar-Sept Mar-Sepf 64 Feb-Aug April 491/4 49 Vi 21 52 % 53% 22 69 Vi June-Dec 49% 691/2 8 *_. Feb-Aug *78 May-No? Mar-Sept 53%, 50 54% 68% 77 88 78 1081/2 109% 78% 102% 115Vi 851/2 23 84% 89% 86'% 1 86% 91% 85 85 5 84% 90 97 85 146 85 861/4 97% 7 96Vi 104 *86V8 87i/4 81 81 90 Vi May-Woo May-Woo 44% 88 84 90//2 100 100% 111 Vi III1/2 114 100 10c 99% 100 99% 100 Vi April-Ocl 31. 3 60 Vi Feb-Auo ; 92 32 Ya June-Dec 1961 84 69 85 1980 page 85'% 14 66 Mar-Sepf 1989 B 86 70% 2030 _ 85% 28% 1970—June-Dec __ 1974 5%s conv A II 86 ~6 ,5 88% 79 87% 8S 9.61/4, 115 99% 36 111 Vi 9 233 98 99% 100% 140 105% 102 76 *79i/4 82% 78% 78% 84 79 77% 83 75 75 81 76% 83% 79 8 98 21 97 93% 39 91 74% 73% 79% *75 78 74% 78 84 77 85% '97 Vi 103 97 % 84 84 84 10 117 116 117 148 102% 102 102% 16 92% 93 % 14 91 97 97 1 97 98 86% 90% 97 * 86 86 113% 130% 99 % 106% 99% 92 *86% 90 83% 83 *84 86 84 88% * 98 98 100% 96% 103% 98% 104% 83% 96% 96% 5 99% 99% 3 84% 85 85 6 84 95 86% 90 15 60 66% 1 *58 *75 61% 60% 61% 59 59' 83 83% 13 88% 83% 88% 3 79% 79% 86 debs 64 81 93 88% 94% refunding refunding A refunding First A refunding First & refunding M 3%s 1st A ref 1st A refunding A ref A ref series 1st A ref ref M 2%s Y 1974 1979 3%s 4%s X 2%s debentures DD 5s 4%s Pere fund 4%s A 1965 series B 110% 129 110% 129 98% 40 97% 80 110% 4s 5s gold first 4s Feb-Aug June-Dec 1960 —June-Dec — 92 30 105% 25 83% 99% 95 118% 85% 93 95% 90% 83% 86 90% 82 25 80 87 79 6 76 83% 79 % 79% 8 77 84% 74 74% 8 72 75% 79% 83% 78% 83% 75% 1 75 81% 74% 82 79 ♦76% 79 75% * 83% 83% 83 Ya 81% 83% *76% 83% 3 78% 87 78 78 14 75% 83% 78 78% 15 75% 83% 80% 78% 80% 1 80% 96% 79 86% 87 *78 __ 100 % ~9 103% 104% 33 103 91 22 90 66% 99% 100 1 84% 99 44 97 104% 90 Ya 73% 72 9 103 108 70% 80 71 771% 76 ~8 70% 82 81% 84% 29 79 77% 77% 5 *72% 74% 76% 74 82% 82% 96 % 95 *88% 88 20 30 71 82% 89% 85 *82 % 89% 81% 88 93% 93% 88% 100% 95 81 80% 81 20 78% 84% 99/2 99% 99% 47 99% 101% ApriZ-Oct £5 96% 93% 95 53 96% 97% 46 94 % 98% 73% 73 73% 74 53 73 79 72% 73% 6 71% 79 59% 4 *99 Ry B 4%s C A refunding First A refunding First A refunding refunding Feb-Aug 1974 series series 1977 1971 1967 1974 2%s 1981 2%s 1978 3%s 1982 3%s 1983 3%s 1985 4%s 1987 3%s 1988 refunding refunding First A refunding First A refunding First A refunding 1st A ref mtge 4%s 2%s 2%s 1986 32 58% 63 98% 99 59 % 69% 79 87 79 97 79% 97 98 *83% ,—Jan-July 97% 61 *60 —: 92% — 59 1960—ApriZ-Oct April 1980—Mar-Sept external 1990 April First A — 93 85% 90% series E 1984 Jan-July series F 1985——Jan-July Philadelphia Electric Co— First A refunding 2%s A 110% 111% *84% 104% 1985—June-Dec April-Ocf 1981 mortgage 4%s General A 97% 98 June-Dec 1968 D series mortgage 3%s General First 97 519 218 3%s series D Philadelphia Baltimore A Wash RR Co— First 7 84 94% 1021% 127 1983 series Eastern Marquette First 81 88% 126% June-Dec 1990— debentures sinking 4%s General General AIncome — 89 76% RR— Consolidated A 78% 85% 82% 76 124 1978 debentures General 10 124 June-Dec June-Dec 1987 debentures debentures General 75% 80 76% 76 98V2 72% 76% 102'/a 163 126 June-Dec June-Dec June-Dec 1987 1986 Pennsylvania Peoria 4 116% . 126% June-Dec 1984 1978 CC ser Tel A General . 78% 98% 99% 2 67 *88 1977 April-Ocf Mar-Sept Mar-Sepf 3%s debentures 1981 —May-Woe 3%s debentures 1991 Feb-Aug 4%s debentures 1988 Feb-Aug Pacific Western Oil 3%s debentures 1964—June-Dec Pennsylvania Power A Light 3s 1975 April-Ocf 3%s 3%s 82% 76 P 1988 Z mtge 3%s series A Tel 96% 76% » June-Dec June-Dec -June-Dec June-Dec June-Dec 1966 1970 4%s series AA 1986 5s series BB 1989 mtge 1st Pacific 90 75 82% *77 Apr-Oct 1984 W series 3%s series M ref series series 3%s 1st A ref M 3%s 1st 99% 8 «. 126 « June-Dec 1981—June-Dec 2%s series Q 1980 June-Dec 3 %s series R 1982 June-Dec 3s series S 1983 June-Dec 2%s series T 1976— June-Dec mtge 3%s ser U 1985-June-Dec refunding 2%s A 93 — 1988—June-Dec 1971 reiunding 3s series L refunding 3s series M First A refunding 3s series N First A 3 99% 100% 125 98% 82% 90% 90 76 83 79% 93 *76% 126 81% 77 9 78 A Electric Co— refunding 3s series J refunding 3s series K A 78% 93 93 81 80% _ 78 * April-Ocl 1978 conv A First * 78 Mar-Sept A First 3%s Co 4%s 1983 refunding 3%s series I A First 1st 63 y4 2020 June-Dec Co 3 Vis conv debentures 1977 debentures 7 *64 • 109 1986— Tea 1987 debs subord conv 1st 29% June-Dec mortgage 4%s 79 85% May-Nov 1976 NeW England Tel A Tel Co— First guaranteed 4Via series U debentures 1982 Is 98 Vi 85 59 % 65 National Distillers A Chem 43/4S debs 1983_May-Nov Natl Distillers Prods 3%s s f debs 1974—ApriZ-Oct National Steel Corp 1st 3Vis 1982 May-Nov 1st mtge 3%s .79 April-Oct 1970 3 Via debentures s 91% -- 71% 1967___April-Ocl Jan-July 1st 8a 86% 115% 121 ■ Jan-July Jan 2033 Missouri 1st 92% 100% RR— debs 1988 4%s Mathleson Chemical Co 89 ~ 71% *82 Feb-Aug Glass 90% — 14 *73% Mar-Sepf June-Dec Jan-July 1982—May-Noo Owens-Illinois Paul & Skulte Ste Marie— 5s 1975 1982 85 99 *93 " 74 78 April-Oct _Mar-Nov 2%s Electric 3%s mortgage 1984 1974 3s 1975 1980 3%s mortgage 1st Olin 2%s 83 90 80 31% 93% 97Vi June-Dec June-Dec Mar-Sepf Oregon-W'ashlngton RR 3s series A 1960 — * 26% 82% —June-Dec . 85% 100 79 1 60 1 79 Jan-July 83% 90 86% €2 50% 27 *__ Quar-Feb, 83 First 88% Feb-Auo 1972 Co- series 1975 mortgage A mortgage _First A Aprll-Oct 1976 income 2%s 2%s mortgage 1st 137 99% 101 ♦ — 56 12 58% *79% 1974—Feb-Aug April-Ocf April-Ocf Mar-Sepf Jan-July 1 Apr-Oct 2%s mortgage Bell Telephone 2%s first mortgage Oklahoma 87 118 10G% 62 Co— Power first ^ 78j/2 821/2 64 April-Oct 1st mortgage 4%s 1987.. Northrop Aircraft Inc 4s conv 1975 78% 971/2 82% 61 Quar-Feb mortgage 94 Ya 4y2s 2047---— 1 84% — 77% 74 Quar-Jan 2047 mortgage 93 adjustment 4s 3%s 1984 First mortgage 4%s 1986 First mortgage 4s 1988_. (Wise) 1st mortgage 2%s 1977 83 100% 100% * 76 States (Minnesota) 101% — *97% 101% 98 V2 71 85% Northern 70y2 am mm — 129 661/2 84 % ' 1 74 80% 93 IOC 921/a 15 70 27 -May-Woo May-Woo 1997—-Quar-Jan 1984 4s trust 83% 87 -- Coll 98% —— 88 75 *54 May-Noo May-Woo May-Woo : registered 1997— General 117 220 74 62 1973_May-Noo 1976. 4%s debs 1974 f 27 75 70 71% *77% Feb-Aug Feb-Aug im. debentures 1973 f 43 82% 70 *64 April-©ct April-Oct i s f Minneapolis-Honeywell Regulator lien Gas 3%s s First subord 33% 69% 82% *71 mortgage s 94% A Cum 51% 23% 1972—; s 90 5Vis 42 119 Jan-July 3 Vis 18 40-year 4s series B debentures Natural 91% Prior 105 24 series H 3 Vis 109 V2 99/4 Mar-Sepl Co 3 Vis 1988 A 44% 23% 4%s 1987—___ Mar-Sepf Norfolk A Western Ry first gold 4s 1996—April-Oct Northern Central general A ref 5s 1974 -Mar-Sepf General A refunding 4%s ser A 1974—Mar-Sepf 90% series 43% 23Vi mortgage conv ; 5s 44% 1980_ 1983: 1983- First A lien 67% 2%s 3 Vis 3Vis 83 Prior 60% mortgage 79% Missouri-Kansas-Texas 16 mortgage 1 f lnc 63 ^General 82'% s 62 1980 82 V2 «n 62 2%s 821/2 First 62 % May-Nov 64% 66 A 4 %s 36% ~5 84% 56 mortgage 4 Vis series O 1979 Jan-July Michigan Cons Gas first mtge 3 Vis 1969__Mar-Sept 3%s sinking fund debentures 1967 Jan-July 6s subord 82 mtge 4s 63'/a ♦99% IO51/2 103/2 ii!c!?!®an Central RR f debentures 84 80% 79% 18 General 931/2 s 83 56% 1989—Aprll-Oct Refunding mortgage 3%s series I 1996—April-Oct Refunding mortgage 4%s series J 1991—May-Nov Ref mtg 4%s series K 1993 Jan-July Niagara Mohawk Power Corp— 13 3.10s 7 -69% Telephone 2%s series D 1982 Jan-July Refunding mortgage 3Vis series E 1978—Feb-Aug Refunding mortgage 3s series F 1981—Jan-July 95% Mlnneapolls-Mollne 83% Y 94 % debentures 58 65 % Western RR— 1994 Jan-July 1st A cons mtge 4s ser A 2004 Jan-July AGeneral mortgage 4%s series A 2019—Jan-July Susquehanna 94% f 59% 50% *69% mtge __.June-Ded 8 53% 1 '82% 4s ser 591/2 *73 —— Feb-Auo 1973 conv 3%s 18 54 83% A 2007—Jan-July 4%s ser A 2022 May mtge mtge conv inc 55 42% Feb-Auc A Scott Corp subord debs 1975 Metropolitan Edison first mtge 27/8s , refunding 54 55% 54 River A Port Chester— 571/2 41 Vi 50 53% RR— 53 39 58% 56 Oxford Mar-SeDl Merritt-Chapman ' Hartford A 46 & Co— M19^lgaJn uBe" Telephone 4%s debentures 1991 Haven 1 34% 68% 51% 56% —1 Relurjdlng mortgage 3s » 70% 58 May-Nov 1973- 1 58% 35 Feb-Aug 1980 5s conv subord debs 1972 McKesson A Robbins 3 Vis debs Vis New B 53 May Stores Realty Corp— 4 N 60 5 14 55 '51 % 531% 32 1973— 50 33 Mar-Sept Feb-Aug "ex wts" series 59 53% - 53 May Feb-Aug Feb-Aug f (J Ray) Y 4%s 72 April-Ocl 1977 s McDermott series 75% 95% April-Ocf May-Nov Jan -July Jan-July 1975 gold 3%s 2000 West 4s series A A General 64 *57% April-Ocl Mar-Sept April-Ocl 3Vis f A 50 Map-Not 1963 s a Connecting RR 2%s series B Y 99 71 1976_June-Dec 8 Vis mtge 5s 59 52% June-Dec 1989 Y Lack 69% 69% 88% '81 % Y €9 62% a '79% 79 62 — Map-No? D ser 2%s debentures f debentures 1978 Gen 3%s 1997 1997 debentures Harlem 94 60 RR— collateral inccime 94 80 May-No? ; Map-Nov Map-Not April-Ocl May Dept Stores debentures 62% Northern 1982 5%s 1968 62 73 99 *73 — Jan-July -Mar-Sepf Mack Trucks Inc 5%s subord debs 1908—Mar-Sepl Macy (R H) a Co. 2%8 debentures 1972__Map-Not Co 123 1% 18 N 921/a 92% 3 80 —— Feb-AU| mtge 3%s ser I 2003 St Louis dlv second gold 3s 1980 Louisville Gas & El 1st mtge 3 %s 1984 1st mortgage 4%s 1987 Central 62% River 4 Vis series A 1973 Jan-July N Y Power A Light first mtge 2%s 1975 Mar-Sept N Y A Putnam first consol gtd 4s 1993—April-Ocf 95% 95 117 62 1974 First A refund mtge 3%s ser F 2003 A refund mtge 27/8s ser G 2003 F rst A refund mtge 3%s ser H 2003 First A refund Maine .—Jan-July Jan-July mortgage registered General First Martin 95 1980 6s Hudson A Reiunding A improve 4%s ser A 2047 Co 3%s debs * 86% Louisville A Nashville RR— subord 94% Term 52 % Feb-Aug Feb-Aug 1980 (P) Co 3s debentures 3s debentures 1976 3%s debentures 1978 conv 941/, Harlem 451/2 11871/2 Aprll-Oei 2003 Lorillard 5s April-Oct trust Central First 891/2 45 Vi ' 2% May ASerles F 5s contingent interest 2003 May Lehigh Valley Terminal Ry 5s ext 1979—Apr 11-Ocl Lexington A Eastern Ry first 5s 1965 April-Ocl Llbby McNeil A Llbby 5s conv s f debs '76_June-Dec Long Island Lighting N 96 93% contingent interest 2003 4V2S contingent interest 2003 4.50s debentures 1976 Lone Star Gas 4%s debs *96 — 811/2 93 rnmm. 93% 4s Lockheed Aircraft Corp— 3.75s subord debentures 84 — fixed Interest 2003 4%s fixed Interest 2003 C 119 1st "l 83 *1% 1984 to 4s 8eries B 811/4 1 83 June-Deo '97 79 mtge bds— consol gen 262 72% General mortgage 4Vis extended Lehigh Valley RR 65% Y \ 82 Ya 87 — 71% series A 2043 Mortgage 4s series B 2043 90% £1 — 95% Mar-Sept 5s mortgage 81 % *45 % —— June-Dee Lehigh Valley Railway Co (N Y.) 1st — 64% Mortgagees 122i/4 77 April-Ocl stamped 1974 Lehigh Valley Harbor Terminal Ry— 1st 1998 A 72%" 4%s 80% 76 — — 95% Aprll-Oct Lehigh Valley Coal Co— 1st & ref 5s stamped 1964 A *86 £1 71% 80 __ 64% N 80 Vi ♦79 Jan-July Jan-July 1997 Lehigh Coal A Navigation 3 Via A 1st N £41/4 106% 103% — Jan-July 1961 Kimberly-Clark Corp 3%s 1983 Kings County Elec Lt A Power 6s 1997 Koppers Co 1st mtge 3s 1964 tAKreuger A Toll 5s certificates 1959 3 Vis 245 99 V8 77% „ ElgJb 71% Co— Refunding mortgage 3 Vis series E 1980 _June-Dec First mortgage 3s series F 1986 April-Oct 66 80 119 AGeneral 108% Mar-Sept Apr-Oct (Rudolph) 4%s debs adj 1963 Jan-July Kentucky Central 1st mtge 4s 1987 Jan-July Kentucky A Indiana Terminal 4%s 1961—Jan-July Stamped 1961 Jan-July Shore 1041/8 981/2 129 Low — „ '80% gold 3Vis 1998 Feb-Aug 3%s registered 1998 —Feb-Aug Michigan Cent collateral gold 3%s 1998-Feb-Aug 3Vis registered 1998 Feb-Aug New York Chicago A St Louis— 89-Vi 96 — Jan. 1 No. GlVa Lake Shore £7 97 —— Karstadt Lake •71% Mar-Sepf 1977—May-Noo 3%s __ Range £fa><* Sold 61 % 3/28 93 104% 99 RR series 4s 1974 — Bonds 61% General N Michigan unguaranteed Central Jan-July 1988 High —Feb-Aug 8H £6 96 98% Ry 4s 1990. City Power A Light 2%s 1976 _June-De« Kansas City Southern Ry 3%s ser C 1984_June-Deo Kansas City Term Ry 2%s 1974 Apr-Oct Plain N 10 Kansas 4Vis 88 2851/2 —.1 88 98% May-No? Joy Manufacturing 3%s debs 1975 KLM Royal Dutch Airlines— 4%s conv subord debs 1979— A 97% 80 237 —— Friday's Refunding A Impt 4%s series A 2013—.April-Ocf Refunding A Impt 5s series C 2013 April-Ocf 78 Vi £8 — '80 *87 Afar-Bept 1977 Central Power A Light Kanawha 73% 300 or 4 Vis 1987 Circuit Breaker 4%s Jersey 10 Week's Rang* Bid & Asked Collateral 77 % 73 85% 99 * York New Pipe Line Co— f debentures series A f 73 3y8s Jersey Power A Light 3s New Orleans Term 1st mtge Consolidated Jan-Jalf subord debs 1977— conv International Tel & Tel Corp— 4%s conv subord debs 1983 3Vis £7 May-Not Corp 4%s debs ser A 1978 International Minerals A Chemical Corp— Interstate —— Harvester Credit 8.65s 89% Bell Telephone New , *75% .—Jan-Julf Jan-JaZi 1st mortgage 3%s series J 1981 1st mtge 4%s ser K 1987 1st mtge 4%s series L 1988 International -.-«■. New *78% ' Mar-Sept lfor-8ept debs 1972 Jersey Junction RR gtd first 4s 1986__Feb-Aug 80 86 87 ...» *85 —Jan-July 1980 debentures Inland Steel Co 3'/as Jersey 89% 17 Sale Price New 78 Vi 8 84 *84 ... Eic* Last Period Exchange low 73 75 *84 May-Not May-Woo Jan-July Feb-Auy Mar-Sept 1970 1974 Consol mortgage 3%a series F 1984 1st mtge 3%s series Q 1980 1st mtge 3%s series H 1989_ Consol Low No. 831/2 831/2 3s series B 1878 June-Dec HI Cent RR consol mtge 3%s ser A 1979—May-Woe First mortgage Consol High New York Stock Jan. 1 Sold Interest BONDS Range Since Bonds 75 2%« series A 1981—Jan-July Illinois Bell Telephone Friday Week's Rant# Friday 13 2 32 93% 98 82% 85% 81 — 85% ""ne-Dec May-Noo *83 87% 88% May-Noo June-Dec *79% 79"% 77% 91% 83% *— 74 74% 81% • June-Dec 81% 81 % Feb-Aug Jan-July June-Dec ApriZ-Oct Mar-Sepf May-Nov — 41 5 86 80 83 Ya *81% 88 83% 85% *77% 78% 76% 84 83 75 % 82% *77 100 100 101 *85% 99 ~7 99% 106% 85 Ya 8 39 Ya 36 93 95% 104 ° Number 5867 Volume 190 . . The Commercial and Financial Chronicle . (383) NEW YORK STOCK EXCHANGE BOND RECORD FOR RANGE Friday BONDS New York Stock Last Period Sale Price Exchange Corporation— 4%s suoord conv t debs Bid & Asked Phillips Petroleum 2%s debentures 4%s subord conv debs Pillsbury Mills Inc. 3Vas 1964 f debs 1972 Pittsburgh Bessemer & Lake Erie 27/es 107 93% 14 110 108% 110% 240 88 88 1996 June-Dec 1960 Feb-Aug 1963_Feb-Aup guaranteed 4%s ser 1 Consolidated guaranteed 4%s ser J Pittsburgh Cine General Chicago General mortgage Coke & series E 3%s Chem 1st 1 90 76 87% 87 Va 11 *87% 88% 87% — 1964—_May-Nov 94 — *92 92% *92% 94% — Potomac 3%s Electric debs conv Co Power Public 3s 93% and First & Gas refunding and First and 3%s 1st and 3Vis mortgage 3 Vis 1972 refunding debentures Quaker Radio 2%s Oats Corp of (R 1964 3V28 Tobacco 3s J) conv 7s § A Direct mtge 1950— series 1978 A series B 1978 series C 1978 4%s Oil Gas 1983 debs Electric & McBee 6Vis Bt Adirond'k Lawrence & gold 6s Ry Union Paul Paper Seaboard 1st Air Line series subord Pipe Bhamrock 5Vis Shell Oil 1971— -3%s 1st 1st 193% 96 95 117 38 114% 1st 15 f Oil 43/as debs 133 120% Oil Bell Telephone debentures 27/es debentures 17 Participating 4Vis Southern Indiana Ry Bouthern Natural Gas Bouthern Pacific 81% 4%s 4 V28 Gold Ban 4 %s Fran 4%s conv 77 112 84% 75% 117% * i 1981 1st mtge 3%s A ser 96 % May-Nov '75—June-Dec 85 78% 76 76 325% 141 % 90% 74 95% 88 81 — mortgage First series 27/as Jan-July Jan-July Jan-July April-Oct Jan-July Feb-Aug Jan-July 1986— series F 1996 First mortgage 2 Vis series G 1961 First mtge 5Vis series H 1983— Bouthern Ry first consol gold 5s 1994 1st mtge coll tr 4%s 1988 — Memphis div first gold 5s 1996 mortgage Southwestern 3%s 96% 96 60% 96 ~3 2 96 1985 72 May-Nov subord ASpokane debs Internl 1984 first gold 4%s 2013 77% *80% 79 __ 80 10 80 *88 97 68 60 65% 96 Electric Power first 3%s 72 72 100 109 96% 98 . 5 72 80 123 — *96% 211 a 10 72 ' 97 72 83% 23 91% 92 99% 111% 117 3%s 4 Vos Central RR Co— . . 95% 13 93 98% 59 32 55% 61% 59 10 54% 93 94 7 \103 103 . 80 — 83 *81 Deferred delivery 70 12 Baak/ruptcy Act, 85 not Included in the 92% 92 Ya 88 106 88% *88% 118% ■ *82% « *64% 66% * 62% *76% 83 81 84 ♦99% 77 97% 92 99 100 64 — 70 * • 54% — year's range, d Ex-interest, e ■ 79 85 2 68 75% —— 86 85 86 __ 92 74% 74% Odd-lot sale not year's range, n Under-the-rule sale not Included In the years range. rCash sal* the year's range, y Ex-coupon. SNegotiability Impaired by maturity. in •« ^Companies reported as being in bankruptcy, receivership, or reorganized under Section 77 included 77% 81 sale 90 the in not 100 80 96% 80 224 88% 88% 106 Ya 78 — 111% 116 115 88 95% — 1 95% 95% 99 85 101% 7 104% *78 60% 92 *83% 1976_Jan-July Light & Power 2%s 85% 58 Ye 4s series Electric 83% . l , 97% 58% 59 Feb-Aug Jan-July Jan-July f debs 1980 s debs 1978 first 4s 1960 B 55 90% —. __ 95% 95% —May-Nov 1975— 75 82 51% 96% *84 Mar-Sept Mar-Sept Mar-Sept Jan-July 1971 68 80% *53 May 1984 75 68 J. ' *80 *93% Jan-July Jan-July series I 1966 guaranteed 2361 debentures Corp mtge Included 98 96 in •! 116 or 96% APnnrlc c£»11ir\rr companies. securities assumed by such ♦Friday's bid and ask prices; no sales 124% 92 97 Va 84% 97 91% May-Nov 1974 3%s 4s debs Co & Yonkers 96% 101 % _ 85%' 79% *88 A 2004 — —Jan-July 4%s inc series A Jan 1 2029 May Wisconsin Electric Power 2%s 1976 June-Dec Wisconsin Public Sevice 3Vis 1971 Jan-July 1st 8 119 —April 74 105% 72 121% June-Dec — 83 Va 74 80 1970—Feb-Aug 1967-Jan-July Wisconsin 101% *„ — 110% 77 — 93% *92 April-Oct 1983 99 —— 84 2 *96% 100% ' —— 29 72% 86% Inc— conv 1995- F ser 83% 101 101 95 125 78% 70"% Winston-Salem S 103% 103% ' 100% 103% 81% conv Wilson 100 65 65% 60 90 116 *71% 4s the 2%s debs Tel Bel debentures 3 Vas Bpiegel 5s 2%s ♦65% 207 *— Gen mtge E 1 — *78 ref Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3%s series C 1970 First mortgage 3Vis series D 1967— Bouthern Pacific RR Co— First 4Vis Westinghouse Electric Corp 2%s 66% 123% 40 — 206 ♦77 income income 5s 148 64 97 *83% — 103% registered 2361— -— Jan-July Maryland Ry 1st 4s ser A 1969__April-Oct mortgage 3%s series C 1979_, April-Oct 5%s debentures 1982 Jan-July Western Pacific RR Co 3%s ser A 1981 Jan-July 71 91% 86% 88 91 % 115% Penn 77% 96 r 91 *116% 1st 91% 91% 91 Western 4 98% 92 207 113 Shore 81 Va 66 84'/a 86 94% 206 4s 99% 128% 128% — 83% 84% __ 93% 99% West 77 ; 100 102% 81% *90 West Penn 99% 1 Ya 64 95% 96% series A Jan 1981 April 4Vis series B Jan 1991—April mortgage 3Vis series B 1971 Feb-Nov RR first ref gtd gold 3%s 2000—Feb-Aug -- -- 6 45 __ *84% 94% Jan-July Mar-Sept -May-Nov gtd 5s 2003 Terminal 2%s series A Westchester Lighting gen mtge 3%s 91% r-t o o £ 5 96 97 and ref mtge 3Vis ser C 1973_April-Oct & mtge First 87% 136 136 , May-Nov 95% *83% April-Oct Washington 119% 14 88% 102 96% 96% Gen mtge 4s income Gen 132% 106% 72% *— — 95 Wabash RR Co— 88% 30 79 72% 99% 94 88 •RR May-Nov Feb-Aug lien 1st 103 Va 98 100 77% 95% 93 89% 104% 98 90% 78% Mar-Sept A 1977 1969 Term mtge Whirlpool (Oregon Lines) 95% 88 *88 Mar-Sept I 1981—June-Dec 1983 6s subord Income debs 2008 370 *98% 100% 93 90% 88 > 1980 mortgage & refund 3%s ser ref M 3Vis ser J 1982 First lien 8 104% 105 —» 1973_June-De« 18 Jan-July & 91 Co— First Gold 23/4S 1994 90 90% 82 Va Mar-Sept mtge 2%s ser H 88 Va 86 -- Jan-July Jan-July 1970 89%' 89% June-Dec Mar-Sept 1978 ref 88% 105% 84'% F 1983 Virginian Ry 3s series B 100 % 77% Jan-July Co. series Virginia & Southwest first 217 26 90 82 June-Dec 1976 debs subord conv First and 108 Va — 73 100 98% 1951—June-Dec 1968 99% 101 % 108% 110 4%s 1st 10 116% 118% ctfs 1st 23 ' 98% June-Dec 1951 A fund sinking 95% 79 — 83 % 65 Works 117% 84 18 1 Jan-July 1983 § A3 Vis assented series Edison Co— debentures debs 101% 98% Jan-July 1987 California convertible Steel 4s 68 91 April-Oct 1967 Steel 90 — — 84% —Feb-Aug 1985 debentures debentures Corp of America— 3Ves conv subord debentures 1969 98% — — 86 67 79 _ Jan-July § A3 Vis assented series A 1947 Jan-July 5A6%s sinking fund mtge series A 1951_June-Dec & Telegraph Co— 1979 23/4S 1976 2%s debentures States Warren . 84% 84% 85% — 91 April-Oct Mar-Sept Mar-Sept Jan-July —May-Nov 1978 debentures f s Rubber 99 Va — 101% 102% 1963_ RR 5s 78% "l 80 95% Vanadium 68'% — 74 April-Oct , mtge ser C §A3Vis assented series C 1951 104% 104% 104% 90 Jan-July Feb-Aug May-Noo tr 3%s 1972 debs West 1976 2'/2s S. 8A6V2S 98% —Jan-July June-Deo Apr-Oct 81 89 89% 88 —3s 102% 1979 76 % 2 79% Corp— §A6%s debs series A 1947 Merchant— subord 87% *82 85% *88% 110 1 Jan-July 83 98% 1986—June-Dec Jan-July conv 98 89% Mar-Sept 1970 78 YB 104% 1971 debentures 2%s 95% 89 83% *90 118'A "I Virginia Electric & Power Co— First and refund mtge 2%s ser E 1975—Mar-Sept 383 — 98% 96% April-Oct 91% May-Nov Jan-July April-Oct April-Oct 1966 78 Va *79 April-Oct 2%s 86% *98% 100 —• 84% 95% ♦ 69 % 95% 127% 81 — 81 95% 113% 50 98% i 82 1983— Feb-Aug debs 1991_Mar-Sept April-Oct 77% 2 87% 83% 80 70% — 85% 87% 124 *79 81 „ 79% __ *85 „ 73% 167 79% 123- Feb-Aug 96 92 74% 108 % *80 June-Dec 1976 25 72% 85 73% 100% 74 79% __ 82 78 89% 72% 307% 1CG% — 82% *77 90 *78% -- 97% 89% 80 *82% 108% 92 96% 76% *86% « 30 *97% 71% 70% . 93% 124 4 *72% — 92% 92% *87% 7?% 77% 84 87% 79% 77 % 72% 92 78% 77 82% 73% 7 3% 82 — *73% 70% — 90% - 88% 100%100% 86 % Feb-Aug s 2%s debs 1970 & coll tr 4%s United 90% 111% >. 76 84% 85 • 92% ; *71% 87% v 88 June-Dec May-Nov 1977 mtge & coll tr 4Vis 1978 2%s 115 *86 — 93% 83 81% 88% *78% May-Nov 1977 2%s coll & f s 4%s 157 85 115 11 __ *81 May-Nov America of Co Corp 1st mtge 94 92% 114 % 72 1971 3%s 1971 mtge & coll trust 3%s 1972 mtge & coll tr 3%s 1975 4%s 99% 92% 114 98% 92 88 itpril-Oct- 1982 debentures Gas mtge 194 — 77 84% *85 Feb-Aug _ 1986 2%s debentures RR Biscuit United 226 —- ■ __ 83% 95% *90 *81% -83% .June-Dec 1974 3%s sinking fund debentures 1973 135 May-Nov — Alabama 3'As 87 United Gas & North Southern 87 Ye 85 115 June-Dec — Bocony-Vacuum 3s 80 *83 —Mar-Sept 1977 43/is 3 Vis mtge Gen 1977 South Southern 80 123% 125 April-Oct 3.20s s f debs 1982 Corp— debentures 1982 Line Bmith-Corona & 72 % *92 % — May 1980 B Co Corp conv 70% Co— debs Bkelly Oil 2%s debentures 1965 5%s 11 *82% .—Mar-Nov subord Union Sinclair 71 Va , 86% 102 \X; 3%s mortgage 2%s series C Union Tank Car 4Vis s f debs 1973 144% — May-Nop 1982 & Oil conv 101% — Mar-Sept 1972 debs Roebuck Bervice 698 99% 96%~ 91 1985—Jan-July Refunding 193% —_J«n-July 2022 1989 3'/as B debentures debentures Bears 1st 93 Ry— RR debentures s 45/as 5s 89 137% *96 __ June-Dec Beagram *(Jos E) & Sons 2%s 1966 Bears, Roebuck Acceptance Corp— 4% Pacific 91 % 7 E ser Pacific— Oil of California Union 90 Vi 88 194 conv 3s f s Union 104 80 certificates Nov 1989_Jan-July Depot 3s mtge 37/as 92 98% 226 1st gtd 4s 1989—May-Noc debentures 1971 Mar-Sept Bcovill Manufacturing 43/4S debs 1982— Jan-July Bcott 81% 86% *84 V & New England Bcioto 6 10 40 71% 80 84% 96 90 June-Dec & coll tr 27/es 1980 98% 134 C 1968___ 88 Vi Co— certificates bond Second 4s inc bond Bt 81% 10 98% 84% mortgage and coll trust 2%s 1975_April-Oct debentures 98 % .71 % Mar-Sept 1996_Jan-j7iZp 5s inc mtge 4s 1st mtge 134% April-Oct Louis-Southwestern First 93 * Jan-July 1977 1971 1st gold A 1997 4Vis ser A Jan 1st mtge 4s series B 1980 A 5s income debs ser A Jan 2006- Bt 87 Vi Mar-Sept series 4s mortgage ASecond 3s United 1996 Francisco Louis-San 1st First 77% 87% 105 78% 80 Ye *— 1990—April-Oct Missouri of Co 88 April-Oct debs conv Baguenay Power 3s series A Second 89 75 Electric Union Corp— mortgage 3Vis series J 1969 Aircraft 5 Vis conv debs 1977 Royal 170.% U. General Rohr 94 98 29 *90 and ref 84 81 Ye _X 1970—April-Oct 3%s M 3%s Co Cent 123 110 82% 81% Jan-July Jan-July . Oil Ohio 108 *96% series Orleans New 103% 99 *81 series B 3%s gold 5s 2000 refund of High 1 96% 79% • impt 3%s I960—June-Dec Tri-Continental Corp 2%s debs 1961 Mar-Sept Corp— subord conv Rochester Tol & 78 87 % 81 May-Nov May-Nov Thompson Products 4%s debs 1982 84 983/i Jan-July 4Vis Richfield 89 107 May -Nov May-Nov Feb-Aug — mtge 4 Vis 98% 97% 1st 1952— 6s 1953 adjustment bonds— 5Vis 92% RR *75 Feb-Aug 6s Debt Term 91 M 3Vis first Pacific-Missouri Texas 119 1613/i 87 Vi 1995_May-Nov 1973 April-Oct debs Mfg Co 37/aS debs 1975 Rhine-Westphalia Elec Power Corp— § A Direct mtge 14 refund refund M and ■•'83 Jan-July 1980—Jwne-Dec Rheem § AConsol 91 and Jan. 1 Low 53 RR— Orleans & Pacific 1 99 99 Vi 100% 99% Jan-July April-Oct 3s debentures 1965 New 165 . Mar-Sept debentures impt 2%s series D 1985 (The) 3%s debs 1983 *161 Reading Co first & ref 3%s series D Reynolds 9 *107 mortgage 3 Vis 1983_ April-Oct April-Oct America 15 94 91 91 June-Dec 1977 impt M 4s series C 2019 & Range Since No. Louis— St and General 81 104% of Assn Bonds Bold High 103% 111 May-Now 1973 and Tidewater 1975 debentures 45/as 93 % 93 93 refunding mortgage 3s 1972—May-Nov refunding mortgage 27/as 1979_June-Dec debentures 75 93 May -Nov 1968-Jan-JuZj/ refunding mortgage 5s 2037 Jan-July and refunding mortgage 8s 2037—Jwne-Dec First 106% 1972 Company Texas Co— 1963 and First Bt 106 106% Mar-Sept RR First and 81 79. Map-Nov 1981 debentures Texas 89% 81 81 1973 debentures 2%s Co. Texas Corp 100 87 Va — * Jan-July ! Electric Service debentures First *85 1982 Refund 95% 99% — 1983 1973. Procter & Gamble 3%s debs *100% __ — April-Oct 3s Chemical 3%s debs First Feb-Aug Mar-Sept 4 Vis Oil & Texas Pittsburgh Youngstown & Ashtabula Ry— 1st gen 5s series B 1862 Plantation Pipe Line 2%s 1970 3%s s f debentures 1986— April-Oct 1971—May-Nov Jan-July Jan-July Mar-Sept Refund 96 92 Friday's S8% 111 1982—April-Oct conv 1983 (Ohio) 98% May -Nov Jan-July 72% 92% __ or Bid & Asked Jan-July Jan-July '91% 93 ' — — Co Oil Terminal 69% *93% < 3VeS Jan-July 1983 Bwift 97% 87 4%s Corp 2%s debentures 1966 Oil Co 8%s debs 1981 Surface Transit Inc 1st mtge 6s 1971 98% 87% 6 Sale Price Superior 2%s 90% (Indiana) debentures Stauffer 97% __ 90 Consolidation Coal 3J/as 1965—Jan-July Plate Glass 3s debs 1967 April-Ocl Pittsburgh Oil Btandard 97% __ California of (N J) debentures 2%s debentures 1974_ 2%s Bunray *97% -- April-Oct April-Oct 1975 mtge 3%s Oil Btandard Oil 91 76 -- *97% . June-Dec mortgage 5s series B 1975 Pittsb 76 4%s 96 120% *9741 1964_Map-Nov 1970 General Pittsburgh Standard 114 88 Last Period Low High 93 105 Va 5 & St Louis RR— series A 5s mortgage 103 % 211 88 *72% — Consolidated guaranteed 4s ser H 109 % 93 Va June-Dec Pittsburgh Cincinnati Chic & St Louis Ry— 'Consolidated Jan. 1 Low No. 107% Feb-Aug Feb-Aug 1987 s Sold High Week's Range Interest BONDS New York Stock Exchange Btandard Apr-Oct 24 Range Since . 1984 JULY ENDED Friday Bonds Friday's or Low Philco WEEK Week's Range Interest flof. week. being transacted during current •./•*' AMERICAN STOCK EXCHANGE " WEEKLY RECORD YEARLY AND following extensive list furnish we complete report of the transactions on a RANGE Friday STOCKS American Stock Last Exchange Sale Price Par Aberdeen Acme Acme Petroleum Precision Wire Co Corp class Products _ — A Inc 1 WEEK 10 of Prices Shares High Friday 5y8 1,000 4Yb Jan 5% Mar 9'/a 16,100 5% Jan 9% July 300 17% Jan 22% July 21 - • Adam Consol Industries Inc 1 7% Aerojet-General 1 69 Aeronca 1 11 Ya Aero Corp Manufacturing Corp Supply ManufacturingFor footnotes see page 1 35 6% 68% 9% 6 7% 72 11% 7 100 7.000 18,200 6.900 Last 7% May 53 % Feb 9% July i 4% Mar 8% 98 Jan May 13% Mar 9% Mar Sale Price American Stock Exchange Range Since Jan. 1 Low High Agnew Surpass Shoe Stores Ajax Petroleums Ltd Alabama Great Power Southern 4.20% Alan Wood Steel 5% Alaska Co cumulative Airlines Inc Sales Range for Week Range Since Jan. Shares % 50 143 Va "% 20 ,"% 86 ~7% 86 33 37 86 36 % Jan 7,100 142% 143% Jan 86 6% 7% 25 6,900 125 2,500 131 Jan 1 High Low High 13% • 50c preferred—100 10 100 1 common preferred Week's of Prices Low Par Alabama ■ for the week beginning Monday, to include every security wnetner 24 STOCKS 8% 20% JULY Sales 4% 9 ENDED for Week Range Low —1 _ Week's FOR -4— — the American Stock Exchange July 20 and ending Friday, July 24. It is compiled from the report of the American Stock Exchange itself and is intended stock or bond in which any dealings have occurred during the current year. In the 19 1% Jun Jan 144% May 91% 23 % Jan 37 Apr July 78 Jan 86 July 85% May 6% July 8% Apr Financial Chronicle The Commercial and 32 . . . Monday, July 27, 1359 (384) EXCHANGE AMERICAN STOCK Friday STOCKS American Stock Sale Prio* Exehtoi* ' \ • Amer Algom-Uranium Mines All Allied Artists 5V2% Allied 14% Jun 6% Feb 11 % J uly 8% 9% 18,000 Feb 10 4% 4% 2.800 5 % 4,900 3% Jan 3% Jan 4% 5 Jan Feb 11% May 65% Mar % 13% 14,600 8% Feb 14% May 14% 14% 3,700 11% Jan 17% Mar 79% 78% 80 86 Feb 7% 6% 7 % 2,000 1% Jan 10% Jun 46% 47 % 175 43% Jun 51 Jan 19% May 49 12% 12 100 1 Corp Co of America— preferred American Beverage American Book Corp Co 20 . 800 American Electronics Inc— 1 1G 7b 16% 17% Laundry Machine 20 40% 40 40% 1,5C0 Manufacturing ll7/e 10,300 American American 20 American Meter Co : — American Natural American Petroflna American Photocopy Seal-Kap American Co Gas Co Inc Thread Oil Co Anacon Lead Anchor Post 5% class Ltd—. Corp Appalachian Power Co 4%% Fuel Oil Corp__ 4.72% Louisiana 4% 500 Power & Gas 4% 4,900 H Jan 1% Jan 22% 11% 7'4 7% 20,300 9% 6% 22% 24% Jan 600 5% Jan 8,600 13% Jun Jun 90 9C % 32 % 89% 730 31% 5,800 31% July 90 Jun 100 17% 19'/a 10,400 11% Jan 21 21 Jan 36% July Feb 11% May 6% Mar 13 % May 16,800 —4 10 % 10 10% —2.50 24% 24% 24% 1,500 22 Jun lft 1 % 17,800 I ft July Stores Inc—— Laundries Oil Associated America Co—j 4,300 3% Jan 2% 2% 5,600 2% Jan 3% 39,200 2% Jan 15% 33 31% 33 125 21% Jan 33 103 130 • 102 % lOo Coast Indus Inc. Atlantic Coast Line Co Atlantica del Golfo Sugar 102 2% 2% 2% 59% 102 500 3% Jan 64 Jan 52 _3% x2% 3% 14,100 11% 12% 7,100 11% July 3% 24,800 7,800 6 % 2% May 12 Bp Mining A: Corp 10 peaoa option warrants—— IO6V2 Corp Atlas Plywood Audio Devices Inc 15% lOo 23% *___ Automatic Steel Products Inc Non-voting Avien Inc Ayshire non-cum class 6% 3 3 4% May 9% 26,600 Feb 1,000 7 15% 3% Jan Jan 5 3% 4% 800 12% 11 12% 6,600 II July 47 200 35 Jan & " '©lass Baker Sfilburn Rubber American Barcelona class Inc (AS) Co — 1% — 6,000 13% 23% 2274 24 1% 174 Petroleum dep Co 3% 9% 4% Bruck Mills Buell serial Die & American 6% class 8% 1,500 19% 200 5% 1 Jan 9 9% ~8% 9% 6,100 38 38 21% 39% 3,200 97 19% 22 % 24 14% 14% 24% 14% . 2'/a 2% 1,900 % 5% 5% 18,200 6% 7% 31% 41 41% Aviation 2% 7% 7% 774 713 774 713 Bread Canada Co Jun 48,900 14% 14% 1574 25,500 39% .38% 40% 8,300 % 1974 22% 8.600 Ltd 8'4 7% 8 Va 1,000 7% 7% 2,800 9 1174 11% 100 8% 9 3 3 8% 14 1074 74 1 7b 3 9% 8% • 24% 24% 3% 3% see 29 7 . July 8% Jan Apr 22 July 25% Apr Jan 1,600 Feb 10% Jan 2,400 May 6% Jan 63,600 Jan 2% 6% 6% 6% 7,900 • 21% 20% 21% 1,800 19% Mar 7% 7'% 600 5 Va 5% 12,600 7% July 2% Jan 9 22,300 7% Jan 10% Mar 4.000 14 % July 22 74 Mar 6% Jan 9 10 5 % 1 1.25 . o 5' 8% 10c ~7 1 Varnish & 16 1 Corp 16% ~G% ~7 % 17,200 Apr 10 Vb Mar Mar 7 8% Mar II Jan 8% Jan 1% 1574 15% 4,200 Apr tJun 1774 1774 17% 500 11 14 Jan 32 12 Va Jun 16% July 19% 157b 1 — 100 Jan 21% Feb 18% • 5 Jan 20 Va Apr 14% Feb 18% May 13 % 19 • Corp 23 % 6% July 4,900 • & Reynolds common preferred class A— Apr 8% Mar Jun 26 % 1 : •H 5% 1 % 1 20 Inc Beverage 157a 1 Co "874 ~8% 1.50 "874 5,800 1674 Mar Jun Jun 4% Jan • 20 Apr. .10% May Ltd— Carrier Cork 5% 5 V'4 £1 (ord reg) 3% 49 22 % 21 23 74 Co__ (Md) "A" preferred 9Tb .. Oil Co 92,800 13'% Jan 23% July 7% Mar 10% July 15 Vb Jan 400 10 12 2,400 12 Va Feb 4574 200 38 % Jun 3 % 1,800 874 9 74 250 18% 18% % 174 377b 37% %c. % 1 74 18% 50 17 b 7,000 670 44 % • ft 38,900 3% July 7% May 17% Apr IV2 Jun 29.3/0 Jun 4% July Jan 46 Feb 5 Jan 12 % May 19% Jan 274 Jan 46% July 7/a Jun 12 Jan 7 —2.50 A 4 class 653a 3% • -50c vtc Jun 45% * Lighting Inc Manufacturing Jan 12 74 2.50 Co Co Apr 2% 3% 25c 'S. 5% July 4% 46% 400 4574 5 partic—_* : Oil 74 ■ 47 1 Internat'l 74 4% 47% 1 Inc 99.200 8.700 5 4 —50c 8 Industries "9 14% 7% Jun Crystal Dairies (new com) Davega Stores Corp common 5% preferred— Jan 600 Jan 9 Feb 974 Mar 13 Jun 1574 May 4 May Apr Productions Gasket 17% % Jan 4 3,500 24% July 2% Feb 12,400 19 100 36% 7 ~3% 500 36% 36% 150 7ft 774 14,600 35 % 400 • x34 X34 —20 1 Jan Ltd-. & ord Coal Chemical & Inc stock Co Ltd 4 ft "4ft 23,100 "1% "l% "l% 10,700 12. Jan 37 2,500 11 May Feb 13% Jun 3 Va 3% 200 700 29 60 Jan 138 11,700 20 16% 2,100 1 9% Jan 2% Jan 4% Mar 38% 147 Jun Feb 29% Mar 18% July 4% Feb % 3% 3,500 19% 3% 19 1% Jan May 15 Vb July 1.225 lft 8,200 1 Vb Apr 374 Feb 400 163/4 Jan 24% Feb 200 1% Jan 17% May Jun 21% July 1% Feb 2% * • • ft. l/ 3% 20% — 21 1 1% 3 Feb . l9 ft 10 3,500 9ft July 137b 21 Vb May 26 19 Vb May 23% Jan Mar Jan 22 % 1,000 19% 19% 20 Va 3,500 15 Jan 20% July 11% 11 11% 600 10 Jan 12 Va Mar 2,000 21 "2 ll'A 11% 34 12%, 34 10-/4 10% 1,200 8% 9,400 200 11 Vb July 15% 34 July 38% 9% July 6 Apr Apr Apr 19 Apr 8% July 4! * 1 36% 35% 37% 38.800 ia% 11% 12% 8.400 60 Jan % 45 % 1,000 44 July 8 Va 11,100 6 Jan 974 May Jun 4ft May Driver Harris Co 10 Co New common : Duke Power Co DuMont common new (Allen B) 5 10 40% i 4S% dep Apr 46 19 Jan 3774 July 15 % Jun 9Vb Mar 32 % July ■ T^ 44 1 American rets ord reg 52 Jan Duval Jan Test f 8 33 75 53% July July Apr Jan Laboratories— Common Apr 1% 7% 10s Co |7r4 374 374 6.300 6 74 774 10,100 1 Corp Sulphur & Potash Co Dynamics Corp of America "I 23% • 2I 27 74 1 Jan %8 3Vb 97 b 2474 29 107 b 374 -Jan 6% • 1 Jan 8 8% May Feb 23 Jan 32% Mar 2.000 25% Jan 39 % Mar 20,700 4% Jan 12% Apr 40 % Jun 51 Feb 250 May 7% Jan Feb 5 Feb 33 Jun 38 Mar E 10% Mar ~i% Jan May 33% Apr 1% July ltf Jan 28% Jan ■;8% Duro Mar 33 % • Jan 3 100 1 Eastern Malleable Iron Eastern States Corp common $7 ^ 36 % £ 0% 61% 4% 4ft 1 57% July 60% Mar Jun 15% 32.50 (The) 38 31? 19% 7.50 common preferred— Hosiery class B common 3% July Feb 2,000 3% * Ltd Co Durham 36% ft 1 !-lc Duraloy Jun 4 18% 16 1 lc 5% Mar 23% Jan 1 • 10c 36% 5 16 19% Dunlop Rubber Co Ltd— 14,100 "3% 1 vtc.l — 55% 20% 60 • Ltd 48 197 b 60 1 Oils Brewery Ltd Draper Corp Drilling & Exploration 4% Mar 10 % Mar 2674 7% May Dow % Feb 2% Jan 6% Jan Jan (The) Corp Douglas Oil Company— Feb 2,500 Apr 5% Ltd— Co Dorsey Jan —18,300 8% Mar 16Va 3,600 3% dep Dorr-Oliver 4% Mar 13% 11% May 6% 1 25c — Textile Jan 11,500 preferred Tar 2% 100 35% 35% 141% 142 35% 1 Manufacturing & Petroleum $2 11% 5 100 Inc__—„_— Dominion Jun 3,600 11% 4ft 20c common Dominion ft 9% A Stores Corp— Diversified Specialty Stores Jan 6% 13 4 35 rets ord reg (par value Changed to 10s on a sh for sh b^sis) Feb 5,800 14 674 74 50c Mfg class debentures Amer Apr July 10% July class A Jun 8% 674 36 ~6 10c Co 23% 13 1 Transit System Inc— Class A common 22% July 12% 6% C. Steel 12% 13 34 20 . Bridge Co Ltd Jan 14 Inc Dominion Apr 7% 10 Brothers Dominion 4% 50c 2.50 Daitch Dome 3% 20 5 24% 1% Engineering 8% Feb 10% May 3,000 _50 35. Jan 6 . Inc_; & 40% July ■ 9% 1,700 60 . page 18 1% Ltd Diversey Jan 3,900 1 Co Ltd Mar 40 5% 10c Distillers Jan 8% 15 50 Canadian Dredge & Dock Co Ltd Canadian Homestead Oils Ltd footnotes Lines 8% Jan 15% Jan 1.5Q0 10% % 3% 10c common 17 Jun 1 % Inc Devon-Palmer 8ft Feb 8 ft J an Jun Mair 3% May 21 10% Ltd Feb 24% 5% Corp Detroit Jan 41 % Jan 12% 3,700 97b 7 14% Mines Ltd July 12% 300 25 ,20c 10c Corp Detroit Gray Iron & Steel Fdrs Inc Development Corp of America— 3ft Jun 6|J May 3,300 7 74 10% 7% 2.50 common 2 4,800 82,000 15% 4 9 Materials Desilu Feb 46 7% July 7ft —.—1 Inc 2 15 % 24 3 Industries 8% 42% July Jun 7ft Mar 611 shares„3s 6d preference <— Southern Petroleums For Air Dennison Apr 9% Mar ft Julj> 36% 37 613 1 — 1 % Jun 50c Dejay Stores 7% 34 500 —10 preferred Co Jan 2 15% Aviation D. May 16% Apr 3% Feb Jan 6,300 . 10% 12% a Consol Oil & Gas Cement 1% Inc__ Development Mines Inc Dayton Rubber 27 2 3,800 <50 Camden Fire Insurance Campbell Chibougamau 6% % Jan 10c Day Feb 39 10,400 39% 50c preferred Canada Jan 5Va —» Diesel Davidson Feb 6% Jan 30% Jan 600 2 ft 38% 43% Jun 5% July 50 2% Jun 21% July Apr 100 1% 5,400 31% 12% 20% July 9% Jan 200 2% Apr 95% July 6,500 Ltd— Canada 2% 2,500 D 13 % Mar 15% 35% 120 38% — Inc 47/a July 6% Mar 47,600 5% 1 Cuban-Venezuelan Apr Jan 6% 1,400 95% 21% 1 ord 9% 4% 5% 1965 Mar 4% • . Apr Jun 24% Jan 18% Mar _3 1 common Jan Jan Machinery— to Paint 5% 9% 3% ——• Co 7 7 4% Commercial 13% Mar 7% 50 100 4 5% vtc Stone Containers Jan 19% 9 • Equipment & Jan 7% 8 % —1 Co Products Ltd-— Shoe Curtis Feb 14,500 ext Curtis 51% Mar Jan 9% Drug Co common Crystal Oil & Land Co common Jan Apr 4% July 24% 10% 6% 45% B preferred cumulative 7,200 30.200 Jan 22% May 1 California Electric Power $3.00 preferred Calvan 4% 44% 900 16% July % 23,500 4% 39% Jan May 47% July 1% July 6% Mar 8% Sand $1.12 33% J an 140 10% 3% Jan 1% 4 % 11 ^ Jan Jan C. 3' 2,400 41% Mar 1% 500 108 1 3,300 10% 1% 47 3 43-% Co 10 Lambert Manufacturing—4 Tobacco 11 % 43 Va 300 16 % lft Jun 11% Hosiery & American SCO 13,800 10% May 1074 Apr 12% Apr Cuban 9,200 1 ft ICS 128% 130 Apr Apr 8% Mar Jan Jan Cuban 4 I 6% 25,800 Jan 4 3,700 70 % Jan 10% 8V2 11% Mar 32 Feb 9 2% 10 Calgary & Edmonton Corp Ltd $2.50 lft 7% Feb Jan 49 1 Crown Central Petroleum i Eastern 8% 9% 23% 22% 24% Mar 2,600 £1 reg Burroughs (J P) & Son Burry Biscuit Corp Calif 80) 1 10% —1 rets 10% 29% Mar Jun 1 — dep 1074 22 $1.25 Corp (The) Company Hill 10% July Jan Jan • Machine Co Mines —10 2 ^13 Mar 85 Jan Apr • Buffalo-Eclipse Burma 32 2% 1% 8% 45'4 1 •— preferred—. Bunker Feb 19% 17% 23% _1 convertible 26% 22% Ltd— ord S F Company— Buckeye (The) Corp Budget Finance Plan 60c 350 1,700 300 20% B 6% 32 43.800 2,700 18% 7 Co— Ltd 29% 5% 58,500 12% —1 Co_ preferred Rubber 24 Va July 32 27% 1% 45 5 new Ltd Co 26 19% Form an Distillers: Brown Jan Crowley Milner & Co Mar Feb 13% 20a Company Brown Jun 14% 4% 10% :o ord_* Power rets 77 2,50) 4 —1 Petroleum Crowell-Collier Publishing Jan 5 45% dep rets ord bearer .—£1 dep rets ord reg ——_—£1 Amer 160 24 74 10 23% July 22,400 American Tobacco— British 73% May 67% 22 74 10,700 Crown 27% • British Brown Jan 6774 __ -I -* Crown 24% 1.50 Co Columbia 67 Mar 24 —-100 100 21% 9% May 23% <_• American Oil Amer 5% Mar 18% 27% July 21% preferred_100 Inc British Amer 24 Jan 21% Jun Apr 7 1,200 26 • . British 1% July 14,400 24 1 —— common Petroleums Jan 2% Jan 1 American dep receipts 2ft Jan _1 —. Manufacturing Britalta 14% 10,.900 3% Co Crane Mar 12 Jan 3 120 1 Brad Foote Gear Works Inc Traction Light & Pwr Breeze Corp Gas 21,300 3% 5 . Apr 25 Inc Co 22 Creole 4% "374 "* 4% 50o , Brazilian Brillo 1% 1 In; 5,000 ~8% 1 prior cumulative Bridgeport 1% ~8% 7.50 — Chemical Bourjois 3% 4 1 Inc (H C) Co 5%% 20% 3%. * 1 26% July BOo (S) & Co Bobbie Brooks Inc_ Borne 42% Jan 3% Jan 2f« A Shoe Corp. Watch Bohack Feb 16 1 of Canada Instrument Corp Bickford's 15 3,900 4 % 1 — . Blauner's Blumenthal 21 % 9% 26% Courtaulds '2,200 23 • Telephone Belock Benrus Jan 4% Jun 37% .1 . Beau-Brummel Ties Bell 6% 27% Cott 21 50o Corp Engineering Co_: Bearings Beck 46,000 1 Jan 35 7 Light & Power Ltd convertible 11% Jun 35% 1« Barry Controls Inc class B Basic Incorporated™ Bayview Oil Corp common 6% 7% 13,000 23 shares Tr 8% 1 Brothers Barnes 7% 7% 1 Inc common Oil Ltcf_.( Barker 11 ,1.0c Farm $1 1 Baldwin Securities Corp Banco de los AndesBanff 87 b 10 Cooper-Jarrett Inc Corby (H) Distillery Ltd— Class A voting Class B non-voting Gas— — Industries Baldwin 10% Corroon Oil & A_——i 7% Mar 23%. Apf 11% Apr Continental B Bailey Jan lc Co Cook 5% Co Oil Coro ' 700 6 Jan Continental 50% May 4% Jan Jan Continental 14% July 46 57b 9 Continental . \k 4% America Electric Corp Mining & Smelt Consolidated Royalty Oil— Consolidated Sun Ray Inc Mar Feb ft Mar 200 2.50 pfd Consolidated Apr 7% Mar Apr 108% 17'A Corporation— Consol 16% July Feb 65% Jun 1,500 Corp Aluminum Vtc 26% 11% Feb 9.700 Corporation Compo Jan Jan Jan 9% Inc.-. Continental 46 10c — 16% 25% 20 —1 —.— Corp 15% 1 com preferred A Collieries 3 3 % ——1 Corp—!— 9% 54 % 101 Manufacturing Co Connelly Mar 20 Va Community Public Service! Apr 32% Mar 22 74 Corp Controller Colonial Consolidated Atlas Oil Cockshutt May J an Feb 14% July Jun —1 —1 4% Coastal Caribbean' Oils Jan Apr May 774 Ltd Consolidated Apr 1% 1,400 58% • Development Co Colon July 27% . 2 Vb Co— Light Oil Club Tel- participating & of Jun 3% 80 lft 16 1 ?—1 preferred Clopay Apr 2 3'4 3% 400 5,000 Jun 2174 Corp Co Clary Jan 11 % 2 • Atlantic Atlas 5% % 11% Mar 1ft July 10% Apr 8% Mar 22 74 Corp Power Power Clayton Apr % 3% 1 lo . ft 8% 12% 1 Stationers Supply Co of Gas Vft £1 7 Jo July 200 Hadley Claussner 2ft Feb Industries- Associated & 3,000 10% 58 % 74 • America of Maine Clarostat 29% Mar 40o Associated A 5% Corp Cinerama Feb Jan- 5 —10 Corp Instruments Clark Jan 17% " Co & Co M) Chromalloy Jan 37,700 14,200 (A Christiana 69% July Jan 69'4 8% Class 41 % 40% 64 35% (J W) Products Charter Mar 68 % 8% Associated Tel 8 10% 58 101% 102 101% 2s 6d —1 ord- B rets dep * Cherry-Burrell Corp Chesebrough-Pond's Inc Chicago Rivet & Machine Chief Consolidated Mining 26% July 10% 1 High 18% July Jun Ltd— Chamberlin 99% Mar 12% 5,900 5.50 Light $5 pfd & preferred Century Electric Co,—, Century Investors Inc common Convertible preference Apr 6% Inc Co Power $1.50 conv Feb 33% dep rets reg 100 3.50% Jun 8% July 7 3,700 28 % 1 5 1 Central Securities Corp common Jan 14 % 8% & July 300 34% Electric 13% 28% Central Apr 1,400 1 Equipment Corp__ Oil Corp Ltd 13% Central Mar 5 II,500 1 Asamera 13% Central Feb 37 ' 12 A Associated Food 4% Feb 8% Altex Aluminum Co Convertible preferred-. American Jun 3 6% — 4,900 Cenco 20% July 7% 100 300 3 1 10 Catalin Light— Arnold Associated 50% Jan 20% % 13% 1ft Casile Jun Apr 10% % 90 13% 1ft Casco Jan 8% 31 13% Jan 12% 23% ——S warrants Armstrong Rubber class Aro 36 20'4 Is 14.300 Carter " 8% i Co Jun 30 5,100 ~3% ~3 3 100 pfd Jan 31 20c preferred & Co 4% i.1 _. Film Arkansas Arkansas 44,000 2.40 Chemical & Armour 19 /» 20% 2 Angostura-Wupperman Arkansas 48 19% 4.71 shares™. Anken 45 % 20o Products Anglo Amer Exploration Ltd Anglo-Lautaro Nitrate Corp— "A" 45% 1 7% American May 45% Feb 8% July ;—S A Mines 8 % • Writing Paper 6% Carreras 40% May 7.400 9 8j,b Corp of Del—2 preferred S American Amurex 7% Carolina 45 38 900 45%- Jan Jan — 1 Equip Co American 42% 33 31% 45 y4 pfd—21 A 26,100 ft Jan. 1 Low 15% Marconi Range Since High 14% Carnation May 38% ' 6% class ' Jun 77 Low 14% CanaJ-Randolph Corp Capital City Products-— Carey Baxter & Kennedy 5% Jun 5% Mar 8% 36% 300 10% 47 I > July I,100 10% 48 Va .It preferred. Co Inc Shares 1 Can Northwest Mines & Oils Ltd 1 Canadian Petiofiha Ltd partic pfd—10 Canadian Williston Minerals 6c 18% July 15,300 9 Vb Inc— $3.75 5.500 11 % 49% 14% Allied Paper Aluminum Jan 16 % 9% 47o -1 Pictures Corp— convertible Control Alsco 34 % 15% 49% .IOC Engineering Co— Alleghany Corp warrants _< Allegheny Airlines Inc— for Week * Canadian 49% July 100 16 Vb 11% Ltd American Par Javelin Ltd Canadian Algemene Kunsteljde N Sales Range Last Sale Price High Low High Week's of Prices Friday li STOCKS American Stock Exchange Range Since Jan. 1 Shares of Prices V— dep ret* Amer ih*r««—. WEEK ENDED JULY for Week Range Low Par FOR RANGE Sales Week's Last preferred series A,— $6 preferred series B Edo Corporation class A— Elder Mines Limited I 25 1 \ I 46% 46 46' 43 46% 150 3,000 30% Jan 4674 July 175 * * 174% 1 13% 1 lft 174% 50 13% 13% 1% 1% 1,100 13,900 174 Jan 18974 Feb 160 Jan 177 Feb 12% Jun II Jan 18% Mar 2% Jun - Volume 190 Number 5867 . The Commercial and Financial Chronicle .. (385) AMERICAN STOCK EXCHANGE Friday STOCKS Week's Last American Stock Exchange Range Sale Price Bond & Share 5 Electrographic Corp Electronic Communications Inc.. Electronics Corp of America™ El-Tronics Low % 33% 7,000 32 Jun 38 17 Vt 17% 700 14% Jan 40 21 37% 40 % 2,500 28% Feb Ills 44% IJ Va 11 % 5,100 1% 1% 20,060 1 Jan 26% 1 . 28% 4.500 19 Jan «S(j 1% Emery Air Freight Corp—— 20c Empire District Electric 5% pfd 100 Empire Millwork Corp— 1 Equity Corp common___'_ —»-10c 95 % 95% 12 Va 11% 12% — convertibe preferred 1 Erie Forge &c Steel Corp common-——1 6% cum 1st preferred 10 4% 4% Manufacturing Esquire Inc Co 28,500 ;— (Max) SI & Co class A Petroleum Class A Class of Fox Head 1 13% 20% 150 21% 14% 12% Jan 50% Jan ii% 600 29 200 {| !« 1 5V'8 16,000 5% 6 % 14 9,900 6% 6 % 7% 14% ... 9% ll1/;; 18% 30 4fjt Jun 6 Power Co General Alloys Kaiser Kansas Feb 43% 42 4 Va July 34 % Jan 44 % 6{jj 1,750 Jan Gold Seal Goldfield Kawneer 13% July 3 Kleinert Mar 5% 48 Knott 29% Jan Apr 25 A 8,200 28 July 37 Feb 1,300 17 Va Jan 19% Apr 18% Jan 27 % Mar 3% 3% 3,900 85% 93% 18,200 42% 45% 3,600 42 10% 11% 3,000 10% 15% Company Land & 2% 6% ■ 1 9% May ; 8% Jan 100 . 11% Jan 15 Jan 700 14% Jun 19% Jan 20% Jan 3,300 1,200 1%; Jan 7% 1,400 15% Mar 1% 10,100 13%. Apr 1 ,,27% Jun 4' Mar May 1% 11 12% 5,800 13% 2% 1 41% 7 9c 16% Mar Jan 3% May 2% Feb 1% Jun 35% Jan 25,600 2,700 24% 7% 3,500 21 i 5 Jan 24% July 5% July 50 6 2{f Jan 2 Va 7 24% 6% 10% 10,000 48 6% 24% % 2,500 4,300 3 1% 2,V Feb 4,200 2% 12% 13 200 11 % Jan 22% 22 % 100 18 % Jan 2% 32,100 1 5 10c 2% 2% 50c 13% 14% 600 10% 11 11 8V2 10% Lakey Feb 3 Feb 18 V2 May 13% Apr & American B Machine Co- 10c Hall Lamp Co— Harbor Plywood Corp.. Harmon-Kardon Inc Harnischfeger Corp Hartfield Stores Hartford Electric 2 13% 1 20 -25c 10 —— Inc 4% Herold Inc — Galion Radio 5% Aircraft (R) Class & Co pfd Foundry Extension OH Co 1 Realty Leonard Refineries Tourneau Jan July 49 V* Jan 74 July 230 94% Jan 100 Mar 71 Jun 75 Jan 4,200 4 Va class & Co 100 Motors Co Locke 1 Manufacturing Co Color Chem Oil Tobacco of Canada. Tob of Gt Brit & . 700 3,500 7% July Jan 1% 12,800 7% 2% 31 Va Jan Jan 4V2 10% 500 38% 500 36% Mar l'A Jan Jan 43 Feb 54 Jan 29% Apr Apr 15% May 3% May Magellan Industrial & Light 4% Enterprises Inc pfd 32 900 58% 425 133% 150 35 "4 36 98% 93! For footnotes page see 35. 12,600 26% 250 15% 33 15 1 2 1% Jan 6,900 1% Jan 14'A 15 1,900 13% Jun 54 10,800 30 Va 30% 200 14 Va 53 V2 2 15% II,600 14 Va 500 a 50 28 Mar 53% May 128% 34 97 Va Jan 1 34 15% July 13 13% 9,600 10% Jan 13% 28'A 4,200 15% Jan 30 1% 10%— Stores Communication Martin Co Maule Industries (J McKee Mead W) (A Johnson Mfg Iron 6% 22% 22% 800 21 27 Va 8,600 23 ¥a Jun 17 ¥4 19% 9,700 17 ¥4 July £1 Midland Jan 6% July 27 Va 30% 3,900 11V2 Jan 16% 16 Va I6V2 14,000 10% Jan 8% Jan 37% May 17¥a Jun 18 Va Mar 5% 3 11 10% 11% 28Va 25% 28% 2,100 1,400 28 Va July • Co. 64% 64 65% 1,600 51 Jan 69 ¥4 July 1 — 78 77 80'A 9,500 64% Feb 82 7% 17,300 6 Feb 300 12 Jan 1 7% 1 . Mining Corp Ltd __ 6% 18 1 1 lft common ft 600 37% 38% 5,900 34 Va 23 24 4,000 21 Va Jan 29¥a Jan 22% 23% 4,400 18% Apr 25 ¥a Jun 1 2% Petroleum 2% 3 1-A Jan July 2% May 1,200 12 % May 15 14% 1,100 10% Jan 18 ¥a Mar 10% 200 10 Va Jun 11% 8 Va 8% 175 50c 18% 18'A 18% 1,700 13 % Jan 19 Va 24% x24 Va 24% 2,200 23% Jan 29 Mar 50c common-. 7Va 7% 7% 700 5% Jan 8 Mar 38 Jun 50 37% —-* pfd 14% 100 10c 37'A 25 14% 14% 100 3,100 103 38% 38% 9% 9% 1 li3o 1 1 "ctfs" 8Va July 343A Jan 137/a Jan 200 97 Jun 100 31 10'A 1A 20,200 46'A 45% 49% 61,400 32'A 37% 15,300 Feb 9¥a July 11,900 At 32'A Molybdenite Corp (Can) Ltd Molybdenum Corp of America— — Monongahela Power Muntz TV 10% Jun National 16% 26,600 10 Va Apr Feb 20 '/a Mar 2 9 Va 1,600 22 Va Jan 35 Va 4 600 40% 42% 6.600 13% 13% 14 1,300 3 4% Apr Tel May Nachman 57* Jun Jan 37 Jan 52% Apr 21 Jan 41% Jan 90 Va Jan 16% 2,000 57a 3,900 14 14% 8 A Alfalfa 97 ¥4 Mar July 92 Apr 157% Mar Jun 12% Jan 20¥4 Jan 50¥» Jan Feb 2% 2 2% ' 4,700 34% 400 13% 15% 35 14% 35 Apr 4Va 16% 138 Jan 22 7% Apt Jun 175 % July 2 ¥4 Mar Jan Jun 28¥4 Jan 28% Jan 37% Mar 23,800 7 ¥4 100 21% Jan 34,200 0% Jan 12 Jun 9% 8% 10% 11 % 2,000 10 ¥4 Jan Jun 24% Jan Jan l¥a 16,800 24% 23% 34% 4 Va Mar 4¥a 200 1.700 3,560 Feb 15 Va July 3 6 ¥4 Apr May National National Bellas & Feb National Feb National Feb National Jan 23 Va Apr Jan 7 V2 May Presto (Mich)_ Stores Industries 12% May 67/a Jun 7% July 14,000 4 ¥4 Jun 9 ¥4 53,500 41/4 Jan_ 2 ¥4 200 5 ¥4 6% 7 6% 6% 7% 8% 2% : — Inc Rwbber Corp Machinery. & Chemical Transit Associates Co 8% 1 5 1 1 Research Starch National Steel Car Ltd National Jan Jun 12% 5% 3 1 Hess Brewing Co Mfg 33/a 5 11% 6% , 500 7,000 Dehydrating & Milling Co National Telefilm 3% Feb July . 143 % 1,700 21% 5% B National Petroleum Ltd 90 2Vs 23Va 10 1 National Apr 110 7,500 175% 1 Jan Jun 5% 19% 164 8 ——2.50 Industries Inc Jun Jan 5% 172 > — Inc 47 7% 15 Va 3% 20 V2 10" Corp 48 13% Jan 1% 3¥4 50c Jun 79% 14% 3 V Jun 80 1 2.50 & Tel 39% 600 145% 147% 1 Inc 42 82% Jun 39 20 ¥t Jan if 4 National Casket Company National Electric Weld Machines 7,600 16 Va Mar N Napco 45 Mills Feb Jan 4% Feb Jan 68 V2 43% 14% com Company 56% 7 Products —. Namm-Loeser's 600 147 Va 1 Inc Apr 9 Feb 104 Va May 44 * A preferred Mt Diablo Company Va Mar July class cumulative 13 55 Co Co_ Metal 91 150 & Chemical 87 — Moody Investors Service partic pref—* Muter 102 Va Jan —100 Montgomery Ward 10Va Co— preferred States Jan Jan .—-5 Aluminum Company Missouri-Kansas-Texas RR Vernon 3 ¥4 May 2,000 12% 13% Corp $l-conv preferred—* Minnesota Pwr & Light 5% 6% Feb 10Va 14% I 4%% convertible preferred Mining Corp of Canada— Clemens 118 Mar 59 % 12% 1 Mirro Mt Jun 18 % Mar 23 V2 10 Corp Piping Co Montrose Apr 8% 37% 1 Mid-West Abrasive Warrants Feb 5 Corp__ Co Hone Co 18 1834 1 Sugar Wohl Feb 1 Chemical Oil 24% Mar 28% 22¥a May 29% • Co States Apr Apr 19 Va Mar Jun 26 Va — preferred Middle 2 Va Jan 9 ¥4 July % Co & Island Va Apr July 118 1 % July 7,900 1,800 17% Co Merrill 10,700 — 22 Inc & 1% 26 Va Inc G) % 1 warrants Massey-Ferguson Ltd Mays 1 7 Ltd Co 1% 2.50 — Feb July Jan 27 _lc Co Feb 38% Apr 13% 1% Service 66 Jun Mar 62% Mar 11% Corp— 138 Mar 3% Mar 20 49% Jun 27 Va Jan 27 warrants- Murphy Corporation Murray Ohio Mfg Co. Muskegon Piston Ring Co Muskogee Co 33 July 7% May 25 % Jan 31% May Jun 51V2 1 — 2 Va Jan 12% 20 Jan 6 ¥4 Jan 6% 1 Jan 40 July 4% 10 9% 66% Va 15% 26 14 Va Mar Jun 20 1% 10'A Mar 5 14 Jan 10% - 9¥i 1,800 5% 500 5 Petroleum 1,100 50c Industrial Electronic Hardware Corp 6% 10c Mount 31% 16 35% 6 % 4% 15,100 50c Mountain Jan 82 34% 6% Oil Corporation.! Apr Jan 16% Inc Public Jun Jun 82 35% 1 Apr 36,400 Magna Maine Apr 21% 1 1 Inc Publications Inc 11V2 100 14% Voting trust certificates Mages Sporting Goods— 2 Va 21% Ireland—£1 Indianapolis Pwr Jun 13¥a Mar 19 Va Jan M 4V2 38 V2 41 7% 12 Vc 2.50 80 5 21 ¥4 Jan 9 Va 86 Jun 4% 7% 14 7% 3 19% 88 Jun 45 11% Jan 9% Jun 200 91,700 Lunkenhejmer (The) Co—— 10% £1 July I,300 11 17 25c — 31 ¥4 25 % 30c Lynch,Corp Jan Jan 1,600 11 Inc G) 5 19¥a 31% 18% 8¥a Mar Jan 30% 14 MarA Jan May Apr 31 Va 19% 6 Va Jun 16 16% 15% 3% 9,900 3,200 86% 10,300 Mar 9 7 1,300 4% 17% 5 Louisiana Land & Exploration 75 Baper Corp—10 (Canada)— _• 7% 3% 16% 5 Chain 56 & 7 4% 10 Shipley (The) Co— Longines-Wittnauer Watch Co National Imperial Chemical Industries— American dep rets ord reg 7 17 60 I Imperial Imperial Imperial Imperial 1 5 50 8% Apr 3% Mar 12 11% Jun 4% Jan 60 15% 28 5,800 87 14% 8% 3,200 5% 90 3 15% 14% 5% 86 Va 5,100 15% 13% 1 86 6,800 28% Jan 88 16% 5 5% 100 16% —5 2,400 100 16% 2.50 8% & 6 Hydrometals Inc Hygrade Food Products 8% B 15 10 /a 8% Corp (R Steel Lodge • . Refining Jan 1 23% Jan 6 C— 16% 35% 2% 1,000 series 12% May 18% July 32 — 1,700 9% preferred 51 56% 2% 3% 4.50% — 133 2% 9 Va series 1% 56% 2% 1 preferred 1% 133 33V3C 4.40% Jan 11% July 2% Jan 5,600 * 14% Mar 4.80% 4,600 • 13% Mar Feb Jun 35 15 Jan 12% Jun 33% 37% 7% 700 6% 34% • 5,500 14% 18% Mar 19,800 3 10 13% 14 13% 6 15 A Bearing Co Jan 20% July Jan 3% 50 Jan 17 100 xl2% 13 'A Jan 3% — 14% 600 20% 6% 1,200 2,600 50 6% Mar 20% 21 1% 12 16% 2% * Jun 19 Va 20% Jan 14% 1 2,300 Feb 4% Jan IS Feb 20% July 23 ¥4 Apr Jun 21 8% 2% 1 xl9Va -5 5% 5% -60c 1 4% Jan May % 3,000 11 8% 2,800 44,900' 14% 8% 3 ft 18% 6 15 Jan 1% 8,000 % 10% 15 3% 12% Jan Jan 19% 5 (Harvey) Inc Lock & 8 33 30 60 5% 3,500 V2 of N Y com cumulative preferred Lithium Corp of America Inc Miller Jan 8% May 3% 3% 5,* Midwest 12J'a Ltd & & 17% 5.800 17,500 3 3 Va i—50c Lefcourt Feb 44,500 25c . Humble Oil Hurd 17%. 25c —•— Electric Hubbell 75 9 . preferred Howell 96 Va 9% 1 Hardarl Baking Co Hardart common 5% 95% 5% 3% 2% 28% July 2,800 74 72 Va 10 Mines (Geo A) & 9 45% 1 com Corp Horn & 3% 25c Inc Hormel Horn Jan 9 % May 10 V2 Apr 65 Va 5% 2.50 Industries B Jan 44% 10c (Henry) & Co Class 4% 6,800 common Holophane Co Home 9,300 31 % 2'A 3 % 3 Vc Inc Mesabl 9 29% 1% 3% Feb 3% Mar 2Va Metal & Thermit Corp 6% Mar 29% 22 % May University Jan 1 % May Jan 2Va July 1% Jan 3 Feb Jan 5 14 Va 2,200 Delaware Sessions Co 20'A 3% 2,400 20 1,600 2% 75 pesos 23 9,900 4,400 Jan 19% 2Va — Inc Micromatic 2,600 13% 18% 2 Va Ltd Industries Salle 74% Mar 1% Jan 1 A Lanston Jun Jan July Jan 12% Inc La Lear Jan 29 % Apr July 30 1,200 Corp. & Michigan Michigan 8 8% Jun 5% 8 8 4% 18 % 2,850 Va Corp of 9% May 34 May 11% Mar 4% 1 International Hoover Ball 4% x9 100 preferred Hollinger Consol Gold Holly Corporation Holly Stores Inc Holt 64 % 100 Inc A Hoffman Hofmann 8% 400 Jun 7% 1 % Corp Inc 1,000 9% 67%' • Electronics convertible Hlller 2,700 9% 68 % 9% 5% 72% Higbie Manufacturing Co Highway Trailer Industries Hoe 33 % 6% 4% • — Products & 13% Jan 18% Jan 1% , & Co 5%% preferred Hercules 2,400 4% Corp (W E) 3,400 32 Va 25c ——— Rubenstein Hell-Coll Heller 500 7% 10c common- Mining Co— Helena 18% 20% Mar —10c Lithographing Co Hazel Bishop Inc— Hazeltine Corp new Hecla 16% 20 3 Jan 46% 43 Va 18 1 Merchants Refrigerating Co 32,400 33% 1 Hastings Mlg Co.——— 2 Hathaway Industries Inc————1 , 4 6% 25 , — 3% 7% -1 Light-— Harvard Instruments Inc Havana 3% 36% 17 Industries Lamson Jan Apr 22 Va July Jan 20c Mangel 5 Va Jan Mar 28% 100 39% 1.25 Mansfield Tire & Rubber new Marconi International Marine 13% 30 40 10c Feb 13% 8 101 17 2.50 Apr Jan Jun 1% May Jan 8% Jan 800 56 V2 26 30 7.50 Mines Lamb Macfadden 24 35% May 12% July 1% Shores Mack Trucks Apr Jun 20% July Jun Jun 4 5 Co Consolidada S Lake Jan 18% 29% 7% La Menasco H 1 Co & Apparel Jan 1,800 1,000 13 Va Apr Jan 3% Mar 12% Mar 5 11 % Mar 32 % 45% 30 1 Feb 3% 3 1 Inc Jan 97 20 —10c Industries 102 19% Co—_—1 Corp— July 32 131/4 5 ¥4 15 Va ■i Jan 25c Liberty Fabrics 32% ——5 Jan 8% July 95 Va 1 Le 20 xl2 '33,800 5 45% July 13% Mar Jan 26% 1 Jan 300 14 % 15%. 6% 4 —. 11% 15% 25% 6% 92'A July 6'A Apr 125 5,200 \ix 14% 2% 16% Grlesedieck Company Grocery Stores Products— 6 11% . 26 1 1 94 7% 3% Mar 3% 23,400 4% Rubber Co 93 % July % July 95 92 % 8% 50c Western 3% July 49 Jan 11% 10c Mines Jan 10,300 common—60c Films 29% 5'A 19 Va 94 19% 4% Corp Lamson 4V4 Mar 21% 1 Producers & 100 18% I— preferred series A—. States '< 3% —1 Great Western Guild 17% May 83% .—5 Greer Gulf 26,900 20 * Co Gulf 300 19% 19% * Leases 26 % 18% 20 % 1 Financial Hydraulics Gridoil. Freehold Feb 23% 1 (IB) Hotels L'Aiglon 7% Mar 4% July 20 % Jan 4 Feb 26% July Li 8% Mar Western 6% 4% l%t,Jan • Chemifcal Jan Feb 44% — & 107 July 2,100 * 18 'A 4% (Del)— May 3,800 25c Amer Industries Inc. Oil 48 5% — Great Lakes Feb 5% 1 Goodman Manufacturing Co__ Manufacturing Grand-Rapids Varnish ; Gray Manufacturing Co.t,—~ Great 39 4% !> i <r 18% Knox *an 5% * Products Corp.cl 4 Corp class A Kobacker Stores Jan 43/4 50c —- Consolidated Co Kennedy's Inc Kidde (Walter) 53/4 4 * „ 7 Mar 2 100 Katz Drug Company Kawecki Chemical Co Feb 1 Gorham Great 1,200 3 28 2% pfd Kropp (The) Forge Co Krueger Brewing Co 42% 104 29 9% 21,s ,50c Electric 4Va% 14% July 12% Mar 1% July 1,700 issued)—— Inc & Kirkland Minerals Corp Ltd Klein (S) Dept Stores Inc — Cftdolf) Gas Kirby Petroleum £1 1,900 9 2% Corp (D) & Company Jun 2,800 Giant Yellowknile Gold Mines (A C) Co Gobel Industries Jun ———8 Apr Apr 1% Jan 3,200 24,500 9% 15c 201 ; 12 Va 14 7,400 4% 10c 200 Va 19J/2 4% 22¥4 Jun 2% 60 1% 4Va Inc__ Jan 262,900 Gilbert Co Industries Jan- 26'4 1% 1 Co 111% 1 Glenmore Distilleries class B__ Globe Union Co Inc—— Glass 100 188 41% 23%, Jan 8% 1,300 77 -10c Kin-Ark Oil Company Kingsford Company Kingston Products 41% 23% 7 Corp— Apr 1% Genung's Incorporated Georgia Power $5 preferred Gilchrist 5,100 Kaltman Jan 1 — preferred 26% ,77 1 Oil Va July 4 %' Corp.— $4.60 Jun 14 —25 Corporation— General Transistor Corp (when 5% 20 13% Stores common 5,700 Jan Ltd— General Indus Enterprises General Plywood New 82 Apr 27% May Jan 1% dep rets ord reg_ Fireproofing General Jan Jan 4 Corp General 14% 8% 1% — Electric Co American 3% Mar July 1,500 6 Va 11% 1 Co General Builders Corp common 5% convertible preferred General Development General Jan 77 22% 11% • Feb £>% 200 -100 24 21% 24,200 4% common 45% 6V0 Jupiter Oils Ltd Jan 7% 9% Jan 1 5% preferred Gellman Mfg Co Jun J G Gatlneau 34% Apr Jan 10% Feb 1 15,500 5 32% 2,200 22 Va Inc Class A Jan 8 July 9% 1.25 Co 2,400 17% 2.200 14 % Va 16% Feb Mar 34% 16% 29,400 16% 91,i 29 33 % 16% 2% 14 11% 600 33% 5 9% 15% £1 147% Mar Jan 20% 114% — 31% 12% 2% 16% • reg_ 31'A High 9 Va Mar Jun 117 9% 14% 188 1,000 17% 1 • 2,800 14% Jan 2% 1 ; . 132% 3% 9% Israel-American May 11*6 5% July 33,300 10% 12,800 14% 31 Va ___• Jan. 1 Low 9 , Jan % May • 5.6(0 11% 14 1 Ltd Irving Air Chute , 24% July July July 27% 33,500 4% 6 10c 14% Range Since High 7% 126 K 14 4% -2.50 7% 131V2 _1 Company Royalty Jan 205 5 17% Jan 25 Low 25c America 1 Ironrite Mar Va Jan 4,500 -*» ord rets (The) (Geo A) Jun Jan sa 13,800 29 —25© Ltd*— dep 7 Inc North Shares Iowa Public Services Co 3.90% pfd—100 Iron Fireman Manufacturing —-—1 9% Mar 12% July HVa Mar for Week of Prices 10c Oil Investors Jetvonic 24% 175 % 196 14% 1 i Brewing Co.— Company Fresnillo Fuller 1,500 13,900 24% Canada— Co American fir 176% non-voting voting B Motor 3% % 1 Corp _— Fishman Ford 8% 20 ¥2 1 1 (M H) Co Inc——, Flying Tiger Line Inc— Motor 1,000 V4 30 Financial General Corp—_— Firth Sterling Inc—_— Ford 11% Co Sales Range Sale Price 33VaC Intex 60% Mar 13 of International Petroleum Co International Products International Resistance Co % Mar 6 Va Mar Jan Week's Last Exchange International Breweries Inc International Holdings Ltd Apr 12% July 10% July 9% Jun .—1 preferred Inc 2 6% July 1,500 11 % Friday Plywood Insurance Co Jeannette Faraday Uranium Mines Ltd Fargo Oils Ltd Filmways 40% 5,900 914 10 Fairchild Camera & Instrument-— Felmont 400 „ 6% 10% Industrial Apr May v F Fajardo Eastern Sugar Associates— Corpmon shs of beneficial int $2 . 24 Far 16% Mar July 6% 11% JULY American Stock 33 Va May 104 Feb 9% May 3% Jan 10% 25c or 46 95 6% —-—-1 ; Factor 45 20 Jan 10% 1" Eureka Corporation Ltd Eureka Pipe Line : 9% 8,700 4% __ $2 Ero High 32 Vs. ENDED WEEK Range Since Jan. 1 Low High 17 1 — FOR STOCKS Shares 3 3'A * Inc. RANGE for Week of Prices Par Electric Sales -- 27 /a 27% 30 850 23 22% 27 4,600 12% 13% 200 ,2 — 2¥a July 8 ¥4 Feb 10% July 3 Va Mar 30 Jan 27 July July 12 Va July 18 Jan 23% May 16 25c 2/2 2% 2% 10,700 2% Jun 418 Mar 2 12% 11% 12% 2,000 10% Jan 13% Mar 1 28 27 fa 27% 29% 7,100 Jan 39% May 24 29% 4,200 17 Jan 29 Va July 35 35 36% 600 31 May 17 Jan 39¥a July 19 ¥a Feb Apr 10% 10 50c * 10c 9 1 4 4 9% 10 2,800 3% 4 300 15% 7% 3¥a May 5 Feb Mar 33 Financial Chronicle The Commercial and 34 . . Monday, July 27, 1959 . (386) EXCHANGE AMERICAN STOCK American Stock Range of Prices Sale Price Par National Union Nestle-Le England New Haven New Idria Min New & Chem New Process New Superior & North 2814 28% 18% Apr 30% July 15% % Jan 22 Va Mar A RR Ind Pub Rankin Northspan Serv Nickel 4Va% 27% 29 Va Mar 17% Feb 225 29 74 II,200 % Jun 1% 1% 300 1% Jun 12 6% 8% Jan 40% 33 1,300 33% Jan 3 % July 9,600 213 7 3,600 72 10 6% 67% 3 72 pfd__100 85% uj 230 87 40% 4% Feb 8'A Mar 74% May .89% Mar Ohio Corp Brass Old 7,900 1 35% .100 preferred 23 Va 91 Va 35 Va 37 '/a 90 Va 91 'A % 26% May July 34 210 1,710 ' . Jan 40 '/a Mar Jun 98 Va Mar 18% 14,200 1,100 8774 % Jun 37a 100 2% Jan 5 Va 5 Va 200 4% Jan 3/4 74 ' Corp common 1 cumulative preferred —7 O'okiep Copper Co Ltd Amer shares.,10s Opelika Mfg Corp -^-5 Overseas Securities Oxford 23% 37a .90c _ 227a Electric —— 70 Feb 66 Va Apr 3.030 1574 Apr 21 'A 600 16% Jan 22 Feb 7% 3,600 5% Jan 10 Mar 187a 21 21 20 21 7 Va Jan 4% 50 70 20 Va Corp 1 Va 5% May 80 Mar 7 Va July Leather Products Pacific Gas & Electric 6% 5 %?«> 1st preferred 5% 1st preferred 10 31% 32 % Apr 4,600v 42% Mar Jun 28 1st pfd___25 30% 30% 3074 32 Class Silex 27% 27% 2774 900 26% May 29 Va Jan 25% 25% 160 2474 Apr 27% Jan 24% 25% 6,100 1,000 24% Jun 26 Jan 26% Jan 25 29% Gas Co & redeemable 1st preferred25 redeemable 1st pfd series A—25 4.80% redeemable 1st preferred 25 24% 5% 25 24 24 % 400 22% Jun 26 Jan 4.50% redeemable 1st preferred 25 22% 22% 22% 200 2074 Jun 23% Jan 4.36% redeemable 1st preferred 25 2 2'A 22 22% 800 2074 Jun 23 Jan 91% 89 91% 690 85 Jun 87% 87 87% 50 83 Jun 93% 95 170 90 Jun 100 Feb Jun 143% Jan Lighting $4.50 preferred $4.40 dividend $4.75 • preferred dividend preferred—— $4.75 conv dividend preferred $4.36 dividend preferred— Pacific Northern Pacific Petroleums • Ltd Pancoastal 100 Tubes * Petroleum (C (C A) vtc—2 Bol Amer shares__l Bol A) Parkersburg-Aetna Corp of Canada Jun 19 Va 874 9% 4,100 325 99 Jan 1,700 30 Jun 3'A 36 Steel Jun 3% July 13% Mines 5% 1% Jun 500 4% Jan 18 16% 16% 17 400 14% Jan 16% 16 16% 14 Feb 17% May 16% May 10% 4% Corp (Del) Corp Materials Pneumatic — -- 70 64 29 3A — 9% Mar Jan 303A 900 22% Jan July 31% Jun 1% Mar 1 9 M* 22,400 1% Jan 49'A 6,500 23% Jan 50 % 7 7'A 4,100 5% Apr 7% Feb 7% 73/a 77a 2,800 4% Jan 8% Jan Feb 16 147, 16 3/8 11,600 12% Jan 113/a 12 2,500 9% Jan 13'A 12 3A 133/a 3,400 9% Jan 14% May 15% Apr 93 92 Va 93 Va 1,650 83 Va Feb 98 % Mar 137a 13 7, 137a 7,600 10% Jan 14% July 6 % July 7% July 67 Jan 6 3/a 6 V, 73A 474 Jan 23A 27a 900 2% Jan 18% 177a 18 3/4 700 17% Jun 21% May 10% Jun 13 Va Jan 72 Va Mar ~27a 71'A 1 24'A 6Va 2,400 100 61 Va 2 5'A 2iV 125 21. 71'A 22% 1 63% 673A 70% 4,400 15% 2 "o July Jan Jan 6 3A 4,800 51a 19V4 —1 19 Va 800 14% Jan 10% Jan 6 1 16% 15 Va 17Va 6,600 • Providence Gas Jan 32 — 67% Ltd— 300 ~27a 1 * Progress Mfg Co Inc Prophet (The) Company— 16,500 47 Va 47 107a 107a 11 2,100 86 84 86 500 Jun Jan 413 Apr Jan 83 26% Feb 8U Mar Mar 21 17 Va July Service of Colorado— 4%% cumulative preferred Puerto Rico Telephone Co 10% July 11% Jan 83 Va Jun 90 Jan 33 % 100 20c Feb 44 Feb Pulp & Timber 3 5 - 25% 4,900 18 Va Jan 69 70 26% 72% 1,500 46% Jan 26% July 90 May Q 1 411 4% 26% 26% 26% 25 29% 2974 600 24% 26% 16,400 19 Va 4A 4,300 Feb Mar 8 • 6% 6% 4,300 57a Jan 8% 12,000 8 10% 2 Va 1 Ve Jan 400 f* 700 13 Va Apr 77a Jan 232,400 ii July 14,200 19 Va July 24 Va July 12% 13% 7,500 ~774 ~7% _7% 6,600 32% 2,100 Jan 3074 Mar 15% July Feb 43% Mar 14% 9 Feb Jan 4 3,100 37a 192 Va 90'A 10 36'A Feb 90 l 28 va 800 13.600 34% 12,500 Feb1 Jan 29 Apr Jun 16 Jan 36% Jun 7a 33 va 54 197a % 33 * Jan 993A Mar Mar f* 28 Jan 43A Mar 250 Jun 48 Feb Apr 87a Mar Jan 1,600 90 'A f* 18 V4 54 6% Jan 307a July 229% 374 221 17a Mar f* Jau 12 35 28 Va 57a 20% May Va July 24% 1 3 Feb Apr 67a Mar % 23 ~4 14 Va 14 3A 47f Jun 10,400 17 Ih hi x222% Va Mar 7% Jan Jan 5 5 16VB 8 8% July 97a Mar 3,900 4 3% ~5 5,800 5'A 474 12% Jan 44 Jan Jun 46 Jan 4 74 4% 2,700 27a Jan 5 2% 274 18,400 17a Jan 33'A July 39 34 2 2% 10c -1 i's 4% 7S 9.900 5'A 57a 17,900 8VB 8% 8 8 8% ■ % — Co Oil f8 f* Apr 4% Mar ii Jan 6 Va Jan ft Jun 4% Mayr.r, 7,800 7% Apr 300 7% jj Apr 40 Va 507a 56 50 600 .. 20 135 135 2C Co 33Vt 40% 38 7» 40 Va 1 Co Ltd— dep rets ord registered Mar 13 812 May 56% 41 July July 187 Jan Jan . 125 4574 May 32,700 38 3A Jan May 35 337a .. 567a July Inc (Howard) Paper Mills Oil Penn 12.90 original preferred 4.88% cumulative preferred 4.78% cumulative preferred 25 Southern California Southern Materials Southern $1.60 Standard Oil Stanley Tube Starrett — 50c (The) Statecourt 53 % July 60 _10c 200 46 Jun 537a Mar 21% 600 207a Jun 23 Va 21 21'A 500 207a Jun _ 1974 May "43/8 14 67a 800 14Va 4 2,100 117a Jan 67a July Jun 300 7 78 34 78 74% 600 Feb Apr 57a Jun 4 Jan 22% 22 Jan 157, Feb, 107, Jan 84 Jan 4 Va Jan 8'A 75,300 2% 15% 3 Va 16 800 117a Jan 167a Apr 127a 14 21,000 97» 4 Va Feb 15 Va Jun Jan 9 3/a Jan 3 Va 3% 'A 8 8 1.1G0 Jan 167a 4,300 147a Jan 21% Mar 2674 50 26% Jan 28 9'/a 5,700 1 20 19% 2C% 2.30C —10 1 67'A 67 'A 68% 16%. 15% 16% 1 2474 24 24 Va 1,600 22 Va May Co — Ltd 217a July 800 64'A Jan 72 2,300 12'A Feb 17 Va July July 24 Va 6 5 V4 5'A 57a 1,800 4 Va Feb 1274 13 7» 2,100 7 Jan 147a 14% 14 147a 1,300 11 Jun 18 ii 15,700 % 7a 374 374 1 10c 6,600 2974 • 917a 93% 5 87a 1 . ».— • 5 8 % 2974 10c ; 8 Jun May Jan 157a Mar Feb 14 Va Mar 574 900 5V4 Mar Mar 5.700 23 Jan 43 200 71 Jan 94 Va July 300 9 6 Jan 10 Mar ?2 Va X26 Va 22% ~3% 6.900 Jan 26 Va July 23 Va 18'A 2,200 17% Feb 25 18'A x26 1 (Del) ~7 7» Va 317i 25c Inc Sterling Precision Corp 4 2'/a July July % May 3% Jan 11V4 Jan 50c ordinary 100 1574 Jan 18'A July 374 374 22,000 3 Jan 5% Mar 227a 15% July 24 V, Apr * i . 21% 21% 2174 500 20 Jan 5 (Hugo) Corp Co Jan 13 V4 10c Mines (J 9% Jun 16 Va 1 B Stetson Jan 8Va Mar _1 Corp preferred 337a 33 3374 1,600 3074 Jun 347a Apr 26 Va Jun Jan 42'A Jun May 16 Va Feb 27a July 374 Jun 47a Apr 57a Jan 1 Corp Inc Co 25% 267a 500 21% 1 Container 39 39 150 33 Va 14% 15 300 13 • 13,200 Jan 1 Petrol Die 27a 374 374 374 4 3% 3% 37a 3.900 3 July 47a Mar 7»A Corp Co 374 1 Corporation & 49Va 21% 57 Va Mar 9% Sterling Brewers Inc Superior Tool Mar 157a Sterling Aluminum Products & 54 2674 Canada (S) 100 9% Instruments Stylon 54 16 Va Enterprises Inc Shop Feb Apr 26% of & Stroock 26 257a 24 Va 1 Steel Stop Jun Jun 49'A 13 Va • Feb 247, 23 700 25 247a 54 -1 Steel Parts Corporation Stein (A) & Co Stone Feb 1,000 24 Vat 24% 14V8 Corp common B) 257a Mar 1 Statham Co 150 5 Corp convertible 56 V2 Jan 20 class Uranium 55 1 Inc Aviation Stanrock 38 2 (Ky) Standard-Thomson Standard 33% July 20 Va Corp Products Shares 2,300 July Corp— Forglngs Standard 600 34V4 4% Inc. Co Financial Standard 22 Va 337a 34 va Corp__2 Petroleum Dredging Corp common preferred Standard 2174 8% 21% convertible Standard 8% 3,400 25 Spear & Company— Spencer Shoe Corp Sperry Rand Corp warrants Stahl-Meyer Inc Standard 9,600 93/a 25 25 25 Pipe Line Royalty Co— Southland 9% Mar 1474 _25 cumulative preferred cumulative preferred cumulative preferred 4.32% 4.24% 4.08% 173A Mar 13 Va 25 25 convertible preference convertible preference— 4.48% 47 Va Feb 39,300 Edison— 5% 4.56% Jan 9% 7% May 5,800 678 1 — 6% July 6% 5 13% 1 Co 103A Mar Jan 6'A • 1 California Jan 13 Jan 3 ' Jan 57a 800 6% 6Va ——5 — Southern 574 4 41% 51* £1 Electronics & Telev Corp—10c Sunset International Quebec Lithium Corp Quebec Power Co J an Publications— Stinnes Public 5 Va • Airways South July 7 1 Ltd— Pyle-National Co 70 Feb 2,100 lOVaj 10c . Jan 12 2.50 & Lambert Co Sound Jan 9 6% 60% 4 —1 A Mines Jan 5% 19% Inc—10c Prentice-Hall Inc Dome 14% May 14% May 8 Ve 100 Corp Soss Manufacturing South Coast Corp . 3,400 — 1° Royalties 7% May — 70 — ■ 17, * Corp class A— Powdrell & Alexander Inc (Del) Power Corp of Canada East Jun Jan 46 3/a 50 Co Polymer Oil 4% 774 ~l3/a —1 class Jan 800 1,100 Mar 6% 25c Manufacturing Smith Feb —1 - Scale Products 8% 4,400 4% 13% 46 Va 10c — Polymers 10% 4% 12% 5 Erie. & 10% 1,300 lX 13% 4,000 —— 1H May Jan 4% preferred—-——-—* * Ltd Jan May 77a 5,000 fr (when issued) Sonotone Jan-. 8,000 9% 1 1 Va 31% Inc Venezuelan Amer Slick Jan 2% 20,600 1% 15,000 1,500 10% 1 Shares convertible Skiatron 37% Mar 3 % 23 % Mar 11,100 29%: A Apr 19 Va Mar Singer Manufacturing Apr 1% 20 Jun 1% 31 Corp_ Ltd Simmons-Boardman Mar 102 9% 1 Aircraft Pittsburgh & Lake Pittsburgh Railways Puget 8% Jan 12% 200 Precision Lighting Singer 22% July —-——2 Silver-Miller Jan 3% pesos Industries inc Preston 13% 34% -2.50 Philips Electronics Inc Philippine Long Dist Tel Co—10 Phillips Screw Co Prairie 22,400 1% 2.50 Perfect Circle Corp Peruvian Oils & Minerals Pratt 14% 34% -1 Traffic Co Poloron Apr x9% Pep Boys (The) 1 1 Pepperell Manufacturing Co (Mass)—20 Plastic 6% 1 — Ltd Peninsular Metal Products Pieree Jan 2 Class B Piasecki Jun 3% 2 Chemical Company——Parker Pen Co class A. Phoenix 84 % 3,300 _1 Park Penn 90 Va Mar 180 6% 6 2 Pantepec Oil Patino 91 Va Mar 100% 100 % 9% - Page-Hersey 124 95% Mar 13% 14 1 pfd 120 24% May 86% 86% 6 % 1 Power & Light 5% 25% 133 Va 134% • Airlines Warrants Pacific x25 ~6% .1 Sinclair Jun 9,600 Co Simpson's lVa If* If* 11 * class Apr 1874 5% If. 25 B— Silver Creek $3 If* 12 l'/a Corp of America Siboney-Caribbean Petroleum Co Sicks Breweries Ltd Signal Oil " 14% common 247a Mar 117a 177a 14'A Shoe Apr -25 5% Pacific z 20'A Mar 21 1 Mining- 4% preferred . Sherwin-Williams of Canada Silvray 1,000 22% 5 Co Denn Common Clay 21 300 Jan 1674 May 23 Servo Simca American Pacific Jun Mar 1 Shawlnigan Water & Power Sherman Products Inc 274 17 20c • Jan 2% 6,000 22% 1 4% 2% 20% --3 Jan 6,600 18*4 l°c Inc Sentry Corp —I———— Serrick Corp class B Sherwin-Williams Co Town 40c Bros Seeman 1% % f* "1 17 —- — A May 1% Jan % -50c Power 4%% Okalta Oils Ltd Rights Shattuck 1 1 1,300 16% Seton 17,200 15,500 19% 7 Corp Jan f* 1% ii _ Ohio (The) 2% 1 1% High 19% 20 Inc 2 Va May Apr 1% 114 Low - 5'/a Mar o Ogden Salem-Brosius May ~1% _10o Jun Jan Jan 84 1 Range Since Jan. 1 High San Carlos Milling Co Corp of AmericaServomechanisms Inc 1 Warrants Jun May 1% Mar 274 Mar 14% Feb 34 6% May 1,800 2,000 ^374 6% 72 10% 5,300 % 7% 3874 3 3 1 Nuclear Corp of Amer A (Del.) Jun Jan Feb "3% 25 Ltd If* Feb 17% 37 -1 Mines Ltd Mines July 153 22 674 37% 50 Uranium Jun 650 11% 7 10 Co Feb 110 Jun 400 10 Penn 3 Va % - 11% 1 class 1A Mar Jan 1% 26; 5 00 10 Jun 2714 25 1% 1 Railway B Northern 8,100 24% 27 13 1 American Royalties Inc. North Canadian Oils Ltd Northeast Airlines North 28 1 Cement Feb 1% Mar 25% 2514 10 Inc Seeburg Jan 3,900 153 Shares 19 % ---• Corp Ltd Lawrence Feb Feb 74 26% • Ltd Southern 5% Mar 1 Rosario—3.33'A Merchandise Mines 153 Feb 1 St —-—2.50 Ltd -16 pesos San Diego Gas & Electric Co— 5% series preferred 20 4%% series preferred 20 4.40% series preferred— 20 5.60% - series preferred— 20 Sapphire Petroleums Ltd 1 Sarcee Petroleums Ltd 50c Savoy Oil Inc (Del) 25c Saxon Paper Corp 25c Sayre & Fisher Co a 1 Scurry-Rainbow Oil Co Ltd 3.50 Seaboard Western Airlines 1 Seaporcel Metals Lie 10c Securities Corp General Security Freehold Petroleums July 203 1% 24,000 2 ii 2% —• North North M 1 : — Oils— Jan 4% May 20 Feb 7,800 19% % Jan 160 Low Par 11,500 29% 18% Co American Class 1 1 Mines Lites Norfolk 1 Jan 13% I,300 14,900 3'/a 1 Va 20c New York Auction Co York & Honduras Rim 18 203 2% Land Mining Co Nipissing 17 134 2 7a Oils Ltd Arizona New Noma 13 50c Co__ 2% 7,500 197 1 Co 25c & Coal Park Nickel 3% 3% Sales for Week of Prices High Low 100 Watch Zinc Mexico Pacific New York 31/2 Range Since Jan. 1 Week's Range Last Sale Price American Stock Exchange High —* Tel & & New New 30c Corp ! Tel Clock Jersey New Electric Mur. Co New Shares Low Friday WEEK ENDED JULYSTOCKS 24 FOR for Week Last Exchange RANGE Sales Week's Friday STOCKS 674 7% 3,000 6% Jan 97a Mar 17% I,000 167a 400 1 Symington Wayne Corp warrants 8,200 R Ramo Investment Rapid-American Rath Co 1 Corp Packing Co Raymond $1.25 Reeves preferred Remington Arms Co Foil Republic Industrial Resistoflex Va July 76 July 70% 1,600 54% 12% 1,600 11% July 14% Mar 21% 21% July 25 Mar 19 Apr 9% July 22 Jan 10 700 21 % 19% 300 12% 145,900 Jan 18 9% 19 2% 2 >/a 2% 900 50c % % % 18,200 3% Mar % July lVa Mar 48% 47 49% 1 1374 13 13% 3,400 11 Va 3174 30% 36% 12,000 24 V2 July —1 Corp 1 Corp 1 Mining Co 8'A 32 50c 1174 July Jan % 10 Inc— Inc liico Argentine 26 11% 1 ; Reliance Insurance Co Republic Jun 69% —5c (Robert) & Co— Reiter-Foster Oil Corp 39% Mar 1174 >/a 20 Corp- Reis 26% July 70 —1 — Soundcraft Jun -Jun 25 1 common Reda Pump Co ... 10 International Inc— convertible 23 Va 28 10 —: Reading Tube Corp T 1 47 750 July JanT: 54% Jan 14% July 8'A 3% 9,000 7% Jun 3674 July 9% Mar 31% 33 % 6,000 28% Jun 46 2% 274 Ridgeway Co^p— Ex-liquidating distribution—;——1 900 - 2% Jan Apr 3% Jan , , Rio Grande Valley Vtc extended Robinson to Gas Jan 3 July 12% Mar 1 1965 Technical Products Inc pfd F (I) & Sons Inc class A Ex dep 4% 4% 20c 14% 100 50c 81% 80% 4% 13% 6% 6 Russell Fifth 6% 1-50 Inc 3U0 —»5Uc Co 574 1-^ new 1 ~5% 14% . 1,900 374 Jan 5% Apr 81 Va 140 80 Va May 1574 May 86 Va Jan 674 50,300 4% Jan 7Va May 1,400 Ryan Consolidated Petroleum Ryerson & Haynes — 1 6% 3,000 13 July 6 Va July 7% 1,300 6ya Jun 574 13,600 5% Jan 19 % 600 17 Va Jun 31 613 July 8 Va Jan 674 Mar 20% Jan A Technicolor Tel-A-Sign Inc „5 Television Texas Oil Texas Power & .Thorncliffe Amer 17a 1% u 5 233A 231/4 27a 23A 12 7a 12 V2 ■ _10 j Lux preferred 4 5% 6 % 500 2,300 4 ,3% July Jan 6% 6% 500 87a Jan Feb True Two 117 Mar 14 July 13% 1,300 13 1,100 24 Va July, July 343A Feb Jun 36 Jan Jan 22% May 30 30% 1,800 21% 30% 28% 21% 1,100 1774 900 29 150 83 Va July 3,200 23A Feb 3% July 874 9Va 15%' 3% Jan 374 Jan Jun 97a 4 Jun Va Mar 38'A Feb 90 Apr 2,100 6% Jan 10V4 July 16% 8% 15 3,700 13 % Feb 227a 12,100 1% Jan 4 13,300 % Jun If* Apr Jan 147a Mar 97* 1 2 Va 2% 78 7a is —1 A 12'A 11% 12% 1.400 7 Apr Mar 32 32 100 29 V« Jan 31 Va 30% 31 Va 7,600 26% Jun 39% Feb 31 Va Mar 22 Va 22 Va 227a .•1,300 19 Jan 24 Jun 13 12 Va 13 Va 5,000 Jan 147, Apr Co—,— warrants- Temper Corp from Harrison Guys Feb 37a Mar 25% „50c Inc class Triangle Conduit & Cable Jun Feb 31 13 2% Corp 4 Jan 24% 1 Tonopah Mining of Nevada 1 Tower Acceptance Corp class A—. Trans Caribbean Airways class A_ _10C Trans 4'A 178 Jan lft Mar 97 13 Va 84 Tri-Continental 23 2% — 24% 33V2 Jun 5% 13% 3V4 5Va Jun 1,300 II,700 3 33 274 27% 237a Apr 77a Mar 173/8 Mar .25C Inc Corp Co July Jun 37, Mar 22% .—1 Ltd— Industries 1% May 7a Jan 92 83% 8f* Jun 20 % July 9,600 31,500 3% Oil 5,100 17a 33 Cuba 24% 1,900 83% Cont 21% 13 474 July 1074 Jun 26.100 7a com— ,10C 478 15 V4 474 —1 - 4'A% Trans 6 % Jan Jan .100 Edison Trans Jan Jan 9 97a Mar Jun 2'A 3,300 —20 Shipyards Toledo Jan 3% July 6% 6,100 Ltd— deposit rets ord registered- _£1 _5S deposit rets def registered Jun 2,300 7,500 274 21 % 7Va Tobacco Security Trust Co 7% 11,700 7 % 2% 18'A 774 27a 19 .25c Inc 12% 4% 277a July 1 Mar 4% 54 Va Mar Jan 1 3.900 374 Feb 16 Tilo 7,100 8f* 41 Va 1,750 Light $4.56 pfd 6 3% 2.400 Thriftmarket Inc Roofing Feb 52% 26 Va 474 Co Park 8% 52 13% —-—- Markets 173/a Mar 25'4 __1 Thompson-Starrett Co Inc 70c convertible preferred Jan 18 Jan 8 .10c Inc Co Jan 14V4 Jan 52 3A __1 Corporation Thew Shovel 147a 25 Va __1 Corp Calgary % —7 20c Tenney Engineering Inc Texam 16 _10 —— — Industries 167a —l _10 Inc Teleprompter 17 _8 common preferred. Tampa Electric Co Taylor International Corp 5% 4 % ~4% 22% com 7 5% 19 8 A Avenue Aeronautical 7 --1 (The F C) Company class common cumulative Todd rets ord regis split—— Roosevelt Raceway Inc Roxbury Carpet Company Royal American Corp— Royalite Oil Co Ltd—. Russeks 4% B Amer 2-for-l Roosevelt Field Inc Class Thorofare Royce Ltd— Amer Ryan 9 Co—,< Rochester Gas & Elec 4% Rokeach Rolls 10O Talon - Inc 9Vi Volume Number 190 5867 . . The Commercial and Financial Chronicle . (387) AMERICAN STOCK EXCHANGE RANGE Friday Week's Range American Stock Exchange FOR WEEK for Week Sale Price of Prices Par Low Shares Range Since Jan. 1 Low High High Investment Union Stock United Co Yards Aircraft • of Omaha Corp ' 27 20 27 Molasses Co 5A 1% 1% 6,200 A % 22,100 46% 46% 47 6% 6% 7 United Pacific 10s Conditioning Corp _50c Aluminum B Universal new Jan Jan 49% Feb Feb Jan. 11% Mar Oontrols Inc new Winding 18,900 41 % Feb 76% July 10% 1,100 10% July 11% July 6 9,800 6 7,200 1% 43% 14 Jan 400 July % 2% 35,100 17% 18% 35 % 19 35% 100 19 20% 24,000 33% 8,100 % Jan 76% 44 18 14 Apr 7% 13% Mar 5% 4 6 • 27 % Jan 43% 5% 25c com (Fla) 16% Mar May Jan 10% 43 % Jan 190 9% 10 y4 15 Corp 23,946 Jan 4% 72 % 10 180 1,900 76% 50c 5V4 May 11 25c Universal Insurance Universal Jan A % 1,200 10% 1 com Corp Marion 4% 60 4% 4% 4% 11 1 1 Universal 2 Jun 35 600 21% 19 20% 1 American Corp Consolidated Oil Universal % Apr 7A Jun 1% July 400 . 184 180 1 Co Reclaiming Co Stores Universal 12,100 __ 100 U S Rubber 4% 4% A : class Mar A 6s Jan 15% Feb _ 1951 7s series B 20% Jun Jan Jun 30 Jan 13% Jan 36 July 22"% May 26% July Feb-Aug April-Oct 1951 31 Va 5 7% 7% 7% 2,700 1 13 V4 123/8 133/8 12,800 614 6% 3,200 434 Jan Victoreen (The) Instrument Co Vinco Corporation 1 16% 16 y8 19% 66,500 6% Feb 1 3% 3% 33/4 2,000 3 Ve J an Virginia Iron Coal & Coke Co 2 7 7 8 24,600 3% Jan 8% Port 15 14 y8 15 1,500 Jun 19% series 5%s 4%s series AHanover 7s 1967 A Jan-July 103/4 11 1,000 Jan 1939 18 93 y8 95 64 65 192 Germany— redeemed) (80% „ Feb-Aug 113 —Feb-Aug May-Nov 1120 May-Nov 160 April-Ocf Mortgage Bank of Denmark 5s 1972 June-Dec Parana stamped (Plan A) 2yas 2008 Mar-Sept Peru (Republic of)— Sinking fund 3s Jan 1 1997 Jan-July Rio de Janeiro stamped (Plan A) 2s 2012—Jan-July 160 AHanover (Prov) 6Vis 194.9 stamped (Plan A) 2yeS Mortgage Bank of Bogota— A7s (issue of May 1927) 1947 A7s (issue of Oct 1927) 1947 ♦No 2008 value, a Deferred delivery transaction f Ex-liquidating distribution, g Ex-stock dividend, (not par included 163 100 193 $58% 48% 102 J/4 100 57 58 ya 48 51 Ye 38% 41 — 48% 49% 27 142 Ex-dividend, x ' ABonds Feb 8 Jan included in year's range).- d Ex-interest, h Ex-principal, n Under-the-rule transaction cash (not included in year's range), t Ex-dis¬ (not in year's range), r Transaction for y Ex-rights, z Ex-liquidating dividend. being traded flat. IFriday's bid and ask prices; no sales being transacted during the current week. §Reported in receivership. tribution. 13 % Mar 6% 180 163/8 __ 188 Jan-July 1967—; B 180 180 116% (City of) Jan 10% ; , J171 & Jun 25c Utah-Idaho Sugar com tl81 Waterways. 6%s 1952 Jan-July German Savings Banks and Clearing Assn— Debt Adjustment debs— ADanzig 33% July . 31 % new $125 & Prov Banks— 1952 A 9% Mar 53 5 Co Jan-July of German State series A6s Maranhao dep rets ord registered Foil 27 10% ' N J RR & Canal S Jan 7% July 2,700 5A 1A . 16% May Jan Ltd— United U 23 % 100 7% * Elastic Corp Milk Products United Tile Apr 5 United Air July 12 1 Oil Inc Ceramic 20 Feb 27 7% 7% 1 United S Feb 10 10c Canso Oil & Gas Ltd vtc U S 16% 20 —-. 50c Cuban U 7% 200 20 — 6,800 15% 4 United United — 14% ' ; United Amer 15% 5 Products United Asbestos (Germany) Central Bk Unexcelled Chemical Corp Union Gas Co of Canada 24 Foreign Governments and Municipalities ABaden u Union JULY ENDED Sales Last STOCKS Abbreviations tive; Valspar Corp Van Norman Industries warrants .6% . Vita Food Products Vogt Manufacturing • , 6 13%'July 7ye July Jan 14 9% "w 1," used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ "conv," convertible; "M," mortgage; "n-v" non-voting stock; "vtc," voting-trust certificates; when Issued; "w w," with warrants; "x w." without warrants. 19% May 53/4 Mar Stock and Bond Averages Below are listed the daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow-Jones & Co.: on w -Stocks- Waco Aircraft Co Wagner 7% Baking voting preferred Waitt & Bond • trust * ctfs_ Inc common 5 77 10 cumulative preferred- Waltham Webb Precision & Knapp Inc Weiman & 1% (Del) Manufacturing- Chemical West Texas Product? 111 230 ~4 ~3% ; pfd Development Co Western Leaseholds Ltd Western trials 0 tries 657.13 17 . roads 166.95 / Amer dep rets ord shares Western Tablet & Stationery Coal Westmoreland 165.75 88.95 218.34 87.21 80.65 81.65 82.91 83.10 89.41 220.30 87.21 80.70 81.45 83.06 83.10 167.89 89.58 221.22 87.16 80.73 81.60 83.23 83.18 July 23 168.09 89.63 221.35 87.22 80.90 81/71 83.28 83 28 Jan 31 Jun 600 Jan Jan 1% 4% May 4% May 2 Jun 23 91% Averages are computed by using the following 8.53; Over-the-Ccunter Industrial Stock Averages Jan July 3% % 156 17,200 A Jan 31% 32% 300 27 »/e Feb 35 29% 3G% 1,200 29% July 37 Apr 41 41% 100 % 5,500 (35 Stocks) Compiled by National Quotation Bureau, Inc. Date— Mar 30 •• 20 Closing July 20— 107.51 Apr Wed. Apr Thurs. 107.65 Jan Fri. 107.84 21% Jun Jan 4ye Apr 14% Jan 31% 44 22 July 22 July 23— 24 July 5% preferred Wood Newspaper Machine 1. 1,100 5% Jan 8% 13% Jan 45% Jun 20 20 100 Feb 21 Jan 91 * 91 30 July 100 Feb __ 15% 15% 16% 6,600 Inc 2 23% 23 % 23% 300 Woodley Petroleum Co 8 49 51% Woodall Industries Woolworth Jewelry Co 22% 48 29% July Jan 68% Jan „ A 1A 2iy2 600 6% 21% 6 % 2,100 6%' 10c _ 3,800 21% 1A 1 _ Corp i May 2% July Apr 2% July ' • 40c . _ Zapata Petroleum ^ — i 1% May 21% July A July 171/a 6 Feb Jan 9% Jun Interent Last Period BONDS Sale Price Steel A Amer Bethlehem & Edison Boston Pump Elec Steel debs 3%s Aug 2%s Transit Chicago inc 4s Power 6s 1 or Friday's Bid & Asked series A Authority 3%s Lack & of N J mortgage 4s series A 1st Western June-Dec 1970 Lackawanna Delaware June-Dec Quar-Feb 1978—. Composite Manufacturing debentures & AGuantanamo Western RR 1970 4s A Italian Power Realization Trust 6%% Midland Valley National Research convertible 5s National New RR 1963 Corp— debentures 5y2s debentures 3Vis Power 1974 1961 Jan-July Mar-Sept May-Nou due 1953 extended to 1963 Ohio Power 1st mortgage 3%s 1968___ 1st mortgage 3s 1971 Pennsylvania Water & Power 3yis 1964 3 Vis 1970 Public Service American 534s Safe Electric 7s Co subord conv Harbor Water Gas & deb Power California 3s deb *62 3%s series A 1973 3s series B 3 yes 3 82% 87% No. of 84% 80 86 Shares 21 92 3s E series F 3%s 1978 1979 series G 15 52 37% 37% 85 25 : 97% , Thurs. July 23 98% P'ri. 20 80% 10 — — 123 133 29 88 1981 42 79 94% 98 118% K 1983_ California Gas Counties Gas & 3'As (Calif) Electric Chemical 6s 3%s 1970-, 1973 Wasatch 96% — 122% $25,023,000 $996,500 $26,019,500 5,061,000 July 24 Jan. 1 to July 24 1958 1959 1958 498,524,114 351,962,710 14,765,280 16,581,325 $2,000 15,000 97,000 $996,500 1,190,000 41,541,300 37,461,520 25,-023,000 23,664,000 850,702,600 691,717,600 $26,019,500 of $24,856,000 $692,259,900 $729,280,120 Shares- Bonds— U. Bank —.— Railroad 95 $4,000 $1,000 Government-. S. Foreign and Industrial. 123 94% 29 Transactions at the American Stock Exchange 100 114% 11 Total 118 Daily, Weekly and Yearly __ __ 65 78 90% 96% 80 85% (No. of Shares) ' 170 74 90% 91% 185 % 90% . 63 86 % 179 82 177% 75% 82 75 84 186 88% 85 93 177 79'% 73 86 185% 87 82% 91 192 76% 101%. 100 7/a 1103 4 76% /■ 93% „ 101% 100 99 99 8 105 % 85% 37 92 2 100 87 163 60 68 100 —June-Dec Webb & Knapp Inc 5s debs 1974 West Penn Traction 5s 1960 Western Newspaper Union 6s 1959 June-Aug 1100 —Feb-Aug 195 193 % 68 90 95 71 75 „ 101 Total Corporate Bonds ras $12,000 $1,000 $66,000 135,000 July 21_ 1,183,215 95,000 11,000 29,000 July 22— 1,570,256 17,000 12,000 9,000 — 1,278,560 41,000 — 1,127,870 51,000 $257,000 Thurs. July 23 Fri. July 24 j 6,295,016 Total 38,000 5,000 46,000 ~~2~o66 20,000 73,000 $37,000 $64,000 Week Ended July 24 87 85 100 . Bonds Tues. 91% 84 1 86% Jan-July $53,000 1,135,115 Government Wed. 105% —1 86% 70% - Bonds $358,000 107% 1 179 __Feb-Aug June-Dec July 20 Domestic 100% 11 103% 100% 100% Feb-Aug Mon. Foreigj Foreig Stocks 86 % Corp deb 6s ser A 1963 Washington Water Power 3Vis 1964 5,190,000 89 115% 4 195 115% 117 ._Mar-Sepf ._Mar-Sept 1970 _April-Ocf 3s 1971Jan-July Gas —. 118 Jan-July —Mar-Sepf Jan-July —Jan-Aug series 4,881,000 208,000 190,000 90% —Feb-Aug & 97% 80 86 1982 Dye 92 90% 88i/2 series United 24 103 186i/2 series J 1982 Southwestern 101% tioi% 101% 93% 4% 8, Southern 95,000 4,871,000 Week Ended International 92% 43/4S Southern 4,786,000 4,984,000 1959 85 10 191% 1982 I 5,638,000 3,314,200 July 24 222,000 3,313,780 „ — $283,500 5,416,000 168 96 % 93% Sales $4,966,000 2,945,200 88% 83% 92 Bond Bonds $5,249,500 85% 96% 92 Government 47 79 86% 5 25% Total United States Bonds Bonds 2,489,650 Total — Foreign Bonds 14,785,280 Wed. 397/a 33% — Int'l Bank Railroad and Miscel, 2,722,450 56% 47 1 — 192% 4Vis series H 4%s Stocks July 20 July 21—_ July 22— Feb-Aug Feb-Aug —April-Oct series D 1976 3%s series Daily, Weekly and Yearly 84 Feb-Aug —Feb-Aug 2%s series C 1976 382.7 315.5 83% .—Feb-Aug 1973 433.0 3&0.4 Low. 45 84%i 81 1981. -May-Noo 3s —1.3 —1.8 125% 36,yB 96 y2 1998_Jan-July 1965 433.0 321.2 120% 81% May -Nov conv 427.3 2 +87% 129 208.6 221.8 —0.9 218.0 216.7 16 80% 25 Vi Apnl-Oct Edison 340.7 89 June-Dec 1967 Corp Sapphire Petroleums Ltd 5s Southern 6s Co 371.5 47 April-Oct 1964 debs —3.0 High Jan-July ; Rapid Jan-July April-Ocf 371.5 Transactions at the Hew York Stock Exchange Jan. 1 Low No. Nippon Electric Power Co Ltd— 6V2s 457.8 510.5 360.5 315.5* and Service . Stocks—No. 1976 527.7 550.2 125 t__ April-Oct subord Theatres England 4s — —2.2 —0.9 125 t98% Mar-Sepf Apr-Oct Jan-July liq tr ctfs— 1963,— — _ 527.7 549.0 —. ■ 50% 373/4 490.7 516.1 ; Tues. lifay-Nov 400.1 544.3 —1.5 544.3 Low 436.0 —1.4 543.9 84% 83 y8 -1959- High Change 436.0 536.0 88 125 Jan-July May — Goods Transportation Utility Trade, Finance Mon. 1993 , Non-Durable July 10, '59 429.7 Goods Durable Range Since Sold RR— . subord Bonds Division— A 1st mortgage 4s series B 1993 Finland Residential Mtge Bank 5s 1961 General Builders Corp— 6s High J40 June-Dec 1994 1970 1998 "the common ending July Week's Range Low Appalachian 2 Percent *New American Stock Exchange week for July 17rf'59 Mining Friday 103.19 Jan 17, 1959, for composite and by major industry groups compared with the preceding week and with highs and lows for the current year are as follows (1939=100): stock 19% May 26% Feb July 618 • 58 dep rets ord regular—. __£1 preference Wright Hargreaves Ltd Zale 91 Ltd— (F W) American 6% 500 19% 26% May 12% Jan 1959 109.59 May 18 The SEC index of stock prices based on the closing prices of Feb 4,800 I"l ___ 16% Mar 5% pfd__ _1(J0 -2. 20% May Jun 11% 39% 5% 25 __ Wisconsin Pwr & Light 4%% Wood (John) Industries Ltd "14% July Range for High Low SEG Index of Stock Prices kApr ■ 4,100 5,800 ___ Low 1% Jan Jan 36 37 1 ... 15 13% 5% 1 _ common 14% 12% 15 •13% High 107.27 107.25 ' 1 —10 1958 102.82 Dec 31 72.75 Jan 2 Range for Tues. July 21 ' 21/4 300 4,600 Won. , % July 17% Jun 27% 1,200 21V4 Jan % 37% ' —_ - 2% 19- 21 '' divisors: Industrials, 3.964; Rails, 5.601; Utilities, stocks, 19.61 65 Jan Apr — - Jan 16 19% July % * 5 & Co 83.19 167.00 Jan 4,700 2% (R C) 83.18 654.54 4i/e Apr 18% Brothers 81.68 664,38 664.63 2% July 2% Williams 80.63 661.48 3% May 19'/a Wilson 87.28 21—; 400 1 Co 219.21 20 1,100 1 Williams Brothers Bonds 22 3"% White Williams-McWilliams Industries ities July 117 1,800 1U % . Rails July 2% "n _ Rails July 2 3% 10 Mfg. Co 40 trials 2% Mar 3% 1 Weyenberg Shoe Manufacturing White Eagle International Oil Co__—10c Stag Util- Stocks 4% Mar 32% * 20 Wichita River Oil Corp Wickes (The) Corp Grade 52% July 2% ~3% —Is Inc Grade Jan 85 • _ Total . Indus- 88.95 Stockholders Invest Ltd— Westmoreland 10 65 Jan 3% 20 % 1% 20 20 1 j. 10 Second - Feb July 100 Western July 108 200 4 3Ve •1% -1% 50c Utilities 4.40% Feb Util- First -10 - 1% 345,400 110 111 .1.25 Inc_ 3% 29% -Total 15.- : 1% 10,700 2 —1 West Canadian Oil & Gas Ltd West 3 1% - 5 k Rail- Date Feb 22 • Company Inc Wentworth ~2% ~2% -10c common $6 series preference Webster Investors Inc Indus¬ May — 36% —1 Co_ —1 Instrument 20 5% Mar 80 Jun 2% —30 Wallace & Tiernan Inc Jan 30 22% July ' $2 -Bonds10 14% Mar Jan Feb 71 600 2"% 2% 1 2% 2,800 77 4% 4% 77 _ 2% 300 5% 5% _ — 68 71% 103 1959 Foreign 1958 6,295,016 4,282,204 246,315,398 104,775,126 $14,765,000 1,050,000 €4,000 $481,000 21,000 20,000 892,000 $10,689,000 1,106,000 1,035,000 $358,000 $522,000 $16,707,000 $12,730,000 Bonds— 75 99% Shares- government— corporate—.— 37,000 101% 97 of Domestic Foreign 1959 July 24 $257,000 Stocks—No. 9*7% 99 1958 Jan. 1 to Total 35 36 The Commercial and Financial Chronicle (388) . . . Monday, July 27, 1959 OUT-OF-TOWN MARKETS RANGE Last •' ■ • , American American American Anaconda Edison Personal Co. Gas Eastern 4%% St 59 Feb 65% Mar 165 53 Jan '62 ' Mar 100 100 105 42% Jan 100 July 25 25% 52% 54 110 23 23% 179 6 % 5% National Ford Motor Stores Electric Gillette Creek 30% 210 28% Jun 78% Jan 85 15 % 49% 107 39 Jun 81% 73%. 78% 1,302 50% Feb 81% 1,492 74% Feb 50% 52% 541 38% 39 'b 141 37% Jun 340 96% Jan 1 13% 4 — Co Racing Narragansett National RR Service 5% pfd. Companies 32% 44 N Y, N H & Hartford Northern Railroad RR K) (N 37 Folding Rexall 110 198 Stone Chemical Webster & Stop & Shop S 33% 93% Sales of Prices 11 9% Cincinnati Milling Cincinnati Cincinnati Transit Ice Eagle .... Gibson _ Art Hobart 5 __ ... _ ... -10 Kroger. .1 . Lunkenheimer S 30% . 2 . 88% _ _ _ _ Unlisted _ _ _ . _ 50 11 Cyanamid 89 71% American (Illinois)—.— 64 52% 32% Jun 37% Jan 30 82% Jun 92% Mar 29% July 42% 42% 201 38% Jan 92% 228 90% Jun 59% 71% 46 30% 81% 88% 6% 62 10% 54% 186 5 Vb Jan 100 57 325 10% Mar 53 Feb 44 Jan 56% July 60 Jan 75 May 44 Jan 47 July 30 — 784 27% Jun 28 Vb July 16 60% 82% 493 73% Jan 53% Jan 91 52 % J an 52% Feb Jan 33 % 50% 63 318 47 151/4 153/a 81 — 993/8 99% 10 62 3/4 62 3/8 110 773/4 793/4 Feb 89 V* Apr 90 Jun 106 Jan Acme 60% Jan 74 Mar 93 65% Mar __ 15% 2 Corp 713/8 54 10 70% 713/a 69 Va 52% 54 49% May 33% July 44% 425 14 s/8 Jan 25 45 51% Feb 80 Va July 28 % July Co Chemical — 7 Co _ . 31 Admiral Kodak Allied Paper Corp Allis-Chalmers Jan Aluminum July % % 150 14% 1,861 23% 460 "3% 200 52"% Jun 643/4 60 363/a Jun 43% 24 20% Jun 3% 31 443% 46% Jan American Apr 243/4 Mar American Can Co 595/8 Jun American Cyanamid 273/e Feb 39% Apr American Investment 50% Jun 60% 16 883/4 40 256% 252 256% 210 95% 95 95% 75% 203 Jan American 2% Feb 38 % Jun 11% 11% 661 9% Jan 16 Va Mar 22% 22% 22% 402 21% Apr 24% — 20% 20% 230 17% Feb 22 100 3% Jan 1 — 4 , 91% July American Motors 261V4 May American 76 76% Apr 95% July 493/4 8 36% Jan 50 American 641% 66% 194 51% Feb 663/4 July 78% 73% 78% 286 50 % Jan 801/2 July 51% 155 51 146 472 July 751/8 — - American Jan Anaconda 84% Apr Arkansas 58% July 55V8 145 393/4 Jan 57 38 38% 290 28% Feb 45% May 45 10 373/a Jun 47 48 July July 47 72 411/2 Jun 49% 543/4 43 39 Jan 543/4 July 48S/8 50 40 5/8 Jan 50 62% 135 Distillers 31% 59 61% 5 Central 29 29% 144 Feb July 613/b Jun 79% 29 Jun 34 % Mar 263/s Mar Jan 25 15% Apr 31% July 20% Jan $ 3333 31% 31% 43 26% Jan 3iy4 5 45% 451/2 116 44 Jun 52% Mar 40% 253 40% RR —10 Pepsi-Cola Petroleum Oil 18% 5 Radio Corp Republic Steel * 673/4 Jun Apr - Armco — 5% Jun 15% Jan 14% 44. 46 45% 100 1,616 3% Jan 43% July 5 Jun Jan Jun July 45% July the Bendix Benguet 48% Jun 53 y4 274 44 Jan 56% May 531/4 July .1.40 373/4 1 48 35 % May 441/4 Jan 49% Shares Low 71% 69 6 % Low 72% 32% 34 23% _ 34 23% 66 Feb 84 V. 26% Jan 34% July 300 17 Vb Feb 29% May 90 70 61% 12 % Jan 72 6% 6% 300 15% 100 12% 58 12% 13% 2,600 31% 33% 5 10% 1,400 58 "4 3,200 8 —J 323/4 116 High 600 1,400 15% — Range Since Jan. 1 High 110% 110 Jan Feb Apr July 7% May 17 Apr Apr 10 Feb 13% 45% Jan 58 % July 9V3 Jan 26% Feb 77% May 330 14.. May 33"% July, 116 July; 36 % 37% 3,400 263/4 Apr 39 Vb July 30 29% 30% 900 24% Jan 33% 28 28 28 100 20% Feb 29 Va May 12.50 San 423/4 42% 45% 3,000 42 Apr 50% 10 62% 60 % 63 V* 2,300 463% Feb 63% July 1 19% 19% 19% 400 19 Jun 20% 53 Va Jan 95 y4 2 5 3A Feb 49% July 7 5 (Un)—..5 1 33% 25 (Un) A Apr 50 5 Corp (Un) (111) _ 45 39% Jan Jun Booth 593/4 86 57% Jun 67% Feb Borg-Warner 43% 43% 215 42 3/4 July 52% Jan Budd Company Fisheries Corp Com 15% 15% 3,200 15 Vb Jun 18% Apr 703/8 693/i -703/4 400 63% Jun 72 Vb July 79% 80% 9,900 76 Jun 89 98 % 98% 99% 300 91 % Jun 107 51% 53% 900 37 Vb Jan 3% 3% 62 64 68% — — 4% Apr 100 3 Vb July 500 60% Jan 74 Mar 1,200 63 68% Apr Jan 53% July 47 Vb Jan 68 % July 79% 78 79% 650 30 % 29% 31% 2,300 23 May 31% July 20% 20% 800 19 Jan 25% May 293/4 29% ,r - 65s/* Mar 79% July 32 % July 30% 1,800 27 "Va Jan 10 10% 500 9% Jun 10% Mar 4 2634 27 700 24% Jan 36% Apr ...10 45% 46 400 44 Jan 53 Apr 14% 15% 10% Jan 17% May - _ _ , 10 3 - (Un) Co 10 15% 1 A. (Un)_ Corp Consolidated Inc 59 Jan July 20% _ preferred. Corp Binks Manufacturing Boeing Airplane .700 11,100 1 10 _ Steel 95% 48% —5 & 13 7)2 17% _ . 10 5 ____ . . 1 < 400 7% Jun 11% Jan 18% July 17% 17% 1.000 14 Jan 73V4 300 66% Jan 76 38 Va 37 38 Va 250 30 Jan 39% May 82 82-- 82 100 68 Jan 88% May (Un)__.—P 1 8 2,200 73 % * Aviation Bethlehem 153/8 94 45 Jan 80 __5 (Un) Gas__ Co Oil —. 463/4 25 common 471/4 July July for Week 37% (Un) Baldwin-Lima-Hamilton 78 Sales Range of Prices 11% (HI) Bastian-Blessing Co. Belden Manufacturing Co 70% May Feb transactions only Week's 1 Bailey Selburn Oil & Gas class 67% May Exchange round-lot 1 (Un) Co Corp Atlantic Refining Co Avco Corporation 44% 5 13% 10 11 5 Jan July 4% Mar 830 58'% Products 4 15 of 1 (Un) Corp class non-cum 4 3 OH Socony Mobil Oil July 1,342 5 46 __10 Co Company Common Athey 5 Paper Jan 17 13% 58 % Refining common Atchison Topeka & Santa Fe— 39 52% ■_ • Co Tel Louisiana & Ashland 761% 5 Co Steel Armour 53i/8 '—10 Tobacco 7% 25% Mar 14% 12% Foundries & Viscose Oil 66 5/8 ♦ 5 200 .46% July 13% . I Stand American Tobacco Feb 45 47 13 . 12 14% .1 & Foundry; Corp & Steel Tel July 443/4 Mar 2 Register Rad American 493/4 5 4 13 1 Machine Jan Feb 66% 813/a Chemical 31 May Jan 50c (Un) 52% July 140 244 57 Montgomery Ward Jan 4 30 % 1,961 . 1 Theatres 52% 81% Corp . Apr Broadcasting Paramount 533/4 54% 27% • 35% 38% Jun 1 3% Mar 460 100 5 . (Un). 515/„ • 25 38% 5 ... 35 • 15% Mar Apr 38% 38% Last i 52'% 5 Jan Jun Apr compilation Castings 35 56% Corp 1% Jan 18% 2% 1 common 52 5 Harvester 1% 11 365 1 _ _ 533/4 —1% Lorillard P 1 Feb 2% 10 _ America American Airlines 41% 1 Electric 8% Mar 2% 1 __ Aluminium Ltd Amurex Dynamics July Feb 1 Manufacturing. of Co 72 Vb July 5 General Motors. 7 Apr B Aluminum 745/s July 10 . 220 7 Feb 1 Feb 21 s/4 5 34% July 11% _ Alleghany Corp (Un) Allegheny Ludlum Steel 2.50 . Stores Jan 24% 10 . Corp Jan 5 Auto-Lite 32 7 36% 10 503/s 40% 883% 950 Jun .2 Co. 68% 213/a — Feb 34 % 5% 100 __ _ Laboratories Steel • — July 23% 500 687 _ _ _ 31 July July 17 — _ Jan Jun ' 31% 1 Distributors 25 9 15% _ class 32% Mar 31% : 31% 5 __ 18 % Feb 29 6 2*8% ' „ _ _ Feb Jan 20 195 1 — Feb Feb 9% 446 21% Jan 4 2% 1 _. _ 31 4% 4% 150 23 .2.50 . _ . Corp Products 150 100 12% „ — . _ 9 7 * (The) Jan 1% July 18% 34 10 _ 2% 32 6 4 preferred 100 829 Mar 58% July Jan 29% ■ 6 1 3% July- 8 Mar 262 21% —' — 1 _ , 45 ; 5 page 9 1 ... 45 1% 32 — Co Tube 24 3 Vb 18% —2,.50 _ 7 DuPont see 9 32 1 ____ 1 Wright Dayton Power & Light Industries Sears Roebuck 1% 10 . ___i 35 1 J Curtiss Sthenley 3% 3 % 2 — _ _ 6,674 3% 1 _ 57 3% • fcommon 1-, & 47% Mar Jan 53% 10 111 213,4 1 System.. 2,973 Apr 18% July 58 3/4 July 10 Colgate-Palmolive For footnotes 77% Jun 56% Advanced 66% 25 Cities Service Sinclair 62% July 74% Aid-Investment & Discounts.—— Akron Brass Mfg 25 Regis Feb Jan 31% July 34% St 49% Jan 793/4 July 56% Reynolds 15% 257 5% 25% May 173/a May 22% Pure 8,750 62 18% Jun 33% Penn 5,043 24 62 • 529 Jan 24% Phillips 43% 21 1.397 233/4 34% York 43% 22% 6% 19% 1 New 41% 43% 27% 25 5 National 13% May 6% 115 Jan Cash 16% July 60% Mar Feb 26% 313/8 Jan National May 11% 6 3: j 203/4 14 Monsanto Apr 53 546 26% 20 5/8 10% Mead _ _ Metal Co Abbott 75 Tel 13 484 Sale Price 18% 80 & 2,172 11% July Jun 20 International Tel . Jun 18 International 63 15% 153/8 General 15% 56 Va 11% 5 313/8 20% Mar 56 % Par 79% 4 15% 1 Friday 75 3/4 173/4 General 72 % May STOCKS 56 15% Ford Jan _ A 362 55 Dept 51% 15% Chemical & Standard Jan 41% 173/4 Boeing Airplane Burlington Industries Chesapeake & Ohio 1,481 Apr Apr 44% Mar 70% 1 12% May 25 Jan Jun Jan 10% 31% July 2% 34% Jun 90 Apr 514 3 .1.66% — _ Shirt 19% Mar Jan Jan 2% 65% _ Corp Upjohn 89% Mar 523 79% 5 Steel Federated Jun 89% 563/8 Electric 30% 406 Jun -1 _ Dillon United 12 1% 722 5 Studebaker-Packard Jan 52% 1 Eastman 34% Jan 200 % » Manufacturing Udylite 8% % 29;% 2934 1 Standard 2,486 .1 1 Company Scotten 11% 1% 36% 3 Sherman 32% 10% 1 Bearings Manufacturing Sheller 10% May 50 8 Dow 6% July Jan 62 % 85 80% 1 . Products Rudy Apr 3% Chemical Rockwell 27% 1% * W) 2£0 35% Refineries (H Mar 29% 16 10 Rustproof Rickel Jan 3 - 70% __ Industries Prophet Jun 71% Bethlehem Corn 47% Parker 100% Mar 46% 30% Baldwin-Lima-Hamilton Gas <• 23% Jan 11% • High Jun 2% 29% 1 Oil Clemens 998 1,315 2% „ , Low 16% 2% 25 Corp Murray Corp Parke Davis & Feb 753 -- 3 Columbia Mt July 34% 37 10 Avco Chrysler 19 - 44% 453/B 50 Steel Oil—. Jan 84% 44 25 Anaconda Armour Jan 16 1 _ Paige Michigan Range Since Jan. 1 High 5 Industries. Inc Shares ' 5 ... Telegraph Co— Tobacco 975/8 July 593/8 July for Week Low __1 Co—— Lakes Leonard 20% July 39 % July Feb, 33% 1 63 104% July Jan May Sales Range of Prices ' ■ 2 common._ Kresge Co (S SB Lakey Foundry Lansing Stamping 13% Mar 15 293/8 ' Mar 54 Exchange Week's .1 Brewing Great 40% July Jan 27 Vb - 29% 5 & 43% Mar —20 Trailer Graham High 14% 134 125 25 $33% Ashland . 113/4 10 Radiator New Armco 19 11% 12 Telephone Goebel 97% July 9% July 32% 1 American Can American 333% Jan Midwest Stock Airlines American 20 7 Corp. Motors Ironite 1 American 40% 75 _ Motors Wood Houdaille 36 . 39% 52% — Jun 68% July 69 _ Stocks Alleghany American Feb Low 20% 44 Jan _ Machine Power Motor General Apr High 18% 30 82% * Printing Preferred ' — '—2.50 Procter & Gamble U 71% — Jun 148% Feb 59% * _ 160 54% 5 __ ' _ 171/8 Feb 48 94% Products. Hastings Manufacturing Higbie Manufacturing Ball & Bearing Hoskins Manufacturing 105 10% 10 _ 20% Gar Range Shice Jan. 1 40% 6% 59% — Cream Picher Jan 121% 60 102% _ & Steel Fruehauf Feb 91 & —12.50 common 38 84% 50 . Debentures Dixie • • 33% 15% 35 66 % 146 100 Last Hoover Shares 20% 10 Telephone 57% July 68 % July 1 40 100 Ford for Week Range 40 Detroit Exchange Week's Low .—10 . Jan Jan 70% . Cincinnati Gas & Electric common.8 50 50 Jan Jan Jan 40% 1 Federal-Mogul-Bower Mar 14% 39% .»+«. 45 45% > — Jun 31% July 1 — 16 Vb 15 28% 86% Feb 89% Detroit Edison.. 32% July Jan Die Consumers Apr 46% .20 _ ... Jun Jun 75 53% Stores Metal Continental 32% Mar July 55% 1 American Laundry 9% 253/s 71 93% Consolidated Paper Apr July 28% Last Aeronca preferred 1% 50 % 64% Sale Price 4% Feb Jan 42 % May * Wrigley Euell 31% May Jan Friday Carey Jan Jan Par 89 125 indebted to the firm of W. E. HUTTON & CO for the transmission of these Cincinnati prices. Burroughs Corporation. Chrysler Corp Jan 33% Cincinnati Stock Balcrank 19% 56% STOCKS 13 12.50 ._ Briggs Manufacturing Brown-McLaren Mfg Company 56% July 1% -12.50 Jan 161/e W >_ Budd Feb 90 Feb 27 50 Westinghouse Electric Corp. Jan 64% 102% Allen Electric Jan 32% 5 System Inc ACF July 10% Feb 34% Smelting Ref & Min Co Waldorf 203 Jan Jun 23% United Shoe Machine Corp common—25 Apr 59% 146 Sale Price American 80% July Co———___— 52 Jun 56% July 59% Electric (F are Jan * U S Rubber Co.._ U 21% 42% 32% Fruit Jan .1 Inc— Jun 49% 13 66 £ Friday Feb * Inc—. 45 529 25%' STOCKS Jan 19c 13% 18 Torrington Co United 14% Jan 7% Co.—2.50 ;—i Jan 169 ;—100 Association 200 51% 56% Detroit Stock July Jan 19 % 20 Machine Co———2 Drug & Shawmut Jan '45% 81% Jan 6c Clin Reece 69% Mar 81% 1 Jun 12% Mathieson Chemical Corp 5 Pennsylvania RR Co ________——50 Quincy Mining Co———_— 25 28% May Jan 25 % Feb 31% July 162 * — Feb 631/s 12% __ 5 Jan 117% 15 98% 1 20 100 21% 55 Jan Mar 10 Ass'n—■—1 England Electric System New England Tel & Tel Co 95 67% 81% ... 53% May 44% Mar 28 13%. 31% __ — 100 New 26 46% Par Central Maine 58% 25% — 84% July 103% 10-i% Feb 79% July 80% 54% .16.66% July Jan 60% 39% July 25 1 Shoe We Feb 55% 25 Steel Jan 11 6 Vb 150 81 % * —25 Cement Corp 42 450 50 com May 10% 66 5 _ Company 56 34 35 Mar 10 5 Copper Corp Loew's Boston Theatres—u. 39 ' Jan 45 64% * Inc Kennecott Lone Star 49 —< S S Woolworth Jun 1 _. 34% 45 Rubber. S Westinghouse Jan 1% Jan U U Feb 33% 63 1% Edison Carbide U . Co. High 6 56% 50% .10 . Union 45 7 i Oil Co Low 39% 673/s __ .... High 251/e 26 25 J)______— ■ 39% 50c (Ohio ', Range Since Jan. 1 55% • (N Toledo Feb 80% Oil Texas Jan 33 Vb 22% July Oil Low , (Indj Sunray Mid-Continent 25% May 64% 52% July 1% Co Coal Jan 18 30% 100 100 100 Company Island 72 Jan 79% Company—— General 60% —100 —100 com Standard Shares * Studebaker-Packard 74% Mar 300' Oil ■ • for Week 5 _ . Brands Standard Apr 446 ... Rand Standard July 63% preferred class A— preferred "B" preferred adj — First 89 Vt 49 % com.10 Associates Sperry 43% Mar Jun Feb 26 63% 5 Co Jun 75% 62 62% —10 preferred Ry 29% 6,100 2,293 56 — Fuel & Mass 155 81% 56 . cumulative Eastern 6% Co 31% 100 Co— Range Copper 49 79% Railway Standard 38% May Jun —.—5 Heel a Inc—— & Service Cities 32% 61% Boston & Providence RR__ Calumet High Low 60 33% * -25 — Trust PrOp High 31% — Boston Boston Par Co Southern. Sales Range of Prices Sale Price Southern Range Since Jan. 1 44%, 79% Week's Last 'i Shares 33% 46% 24 STOCKS for Week Low Par Co..♦ Motors Corp——— —5 Sugar Refining common.—25 Tel & Tel—————33 Vh Company —50 JULY Sales Range of Prices Chemical Agricultural American ENDED Exchange Week's Friday Sale Price WEEK Friday Boston Stock STOCK8 FOR 1% 1% 500 1,800 55% 54% 56 Va 37 37 37 1% Feb 49% May 2 May Mar 58% July 37 5 34% 34 Jun July 46% Jan 5 25% 253/i 26% 650 20% Jan 27 5 43 VB 43 Vb 443/8 1,300 38 V. Feb 45 % July 29% 29 V* 29% 300 1914 Jan 31% July 5 - 34% 200 700 27 34 Jan Jun Volume Number 190 5867 . The Commercial . . and Financial Chronicle (389) Markets out-of-town RANGE Friday Week's Last Range Shares stocks Sale, Price Par Burlington Industries (Un) Burroughs Corp (Un.i__ Butler CorD- Low __1 _. _ Burton-Dixie r Low 25% 1.900 14% Jan 1,600 34% Jun 45% Mar 350 20% Jan 24% 100 36 Ve Jun 40 40 40 Minnesota Min & Mfg (Un) Mississippi River Fuel Missouri Portland Cement Jan Mar Modine Calumet Hecla & Canadian Carrier Corn Celanese 30c 2% - 431/2 1—:—* 31Va 4% preferred—___• Cleveland 4%% Co Cliff's Iron preferred Coleman Co Inc Gas Consol Natural Consumers Feb 50 39 %• Jan 45% May 21% Jun 25% 57 14 29% Jun 200 28 JUn 400 66% Jan 30% 1,200 25% 25%, >100 25 100 30% Jan 15 % 6,000 8 Va Jan 177 175 5 66 70 2,000 50% 33% 200 32% Jun 85 147% 54 % 900 53 Jun 63% 49% Jun 54% Feb 83% 85 300 h 14 % 350 83% July 13% July 90 13% 28 % f 31 J/4 7,500 23% Mar 31% July 24% Mar 2iy4 21% 2,300 58% 58 58% 3,800 96% 96 % 96% 20 25: 26% 3,300 49% 49% 500 49% -Co— 56% Jun 55% Jun Jun 99% Apr 23% Jan 28 Mar 48 Jun 56% Mar % 52% May 60% Mar 26% 27% 1,400 25 % Jun 29% 48 1,100 26 Jan 50 % 11% 300 10% Feb 13% 50% 700 44% Jun 57% 47% 53 700 35% Jan 53 52% —25 Cudahy Packing Co_—_____— 30% 1 14% 35 35 31% 13% 30% 5 Curtiss-Wright Corp (Un) 35% 500 Jan 25% May 10% Jun 900 27% Jan 39 % 150 30 Jan 34 400 47% Jan Parker 32% Feb 17 Va Mar Apr M Deere Corp.: Detroit Edison Co 34 2 ________10 & Company—— , Du Mont Inc__.— Pont _; Nemours de 42 Jun Jan 35% Jun 670 74% Jan 92 % July 26% 200 23 Jan 28 %" (Un)_ Apr Eastern Air Lines Inc— 1 7% 400 6% Feb 420 203% Feb 40% 40% 200 34% Jan 45% .—10 96% 93 Va 96% 1,000 75% Apr 32% 32% 1,000 30% Jun 39 Elder Kodak (Un)_ Manufacturing Emerson Erie Co 12% 12% 315 11% Jun 12'A 18% 18% 300 13% Jan -* 13% 15 1,700 11% Jun Corp—___——1 9% 9% 10 $1.60 5,500 40 1 25 V. preferred Brewing Flour Mills Ford Motor Corp America Foremost Trailer Bancshares 800 20 20 Va 500 19% 27% 1,300 18Va Jan 11 11 Va 353 Dynamics 9% 9% 400 3 3Va 2,200 8% .1 8 8 % 800 1 Genl 51% Portland Cement new Glen (The) Alden Co 57 40' 41% 24% 25 Va 72% 78% 73% 74% 700 78 Goldblatt Brothers Goodyear Tire Gossard (W Rubber & H) Greif Bros Oil class Cooperage Greyhound Heileman 64% Jun 29 49% 19 250 24% 65 52 46 % 66% 52 _„__1 14% 5 2'A 22 22 108% Jan 100 119% Jan 22 Jan 25 May 77 Feb 47% 46% Jan 73 52% 50 Apr 17% Jan 740 107% Jun 126% 1,200 12 % Jan 15% Hem Werner 21% 300 18% Jan Inc 4% 5,200 3% Jan 1 Corporation Huttig Sash & Door :— 7% 7 Va 8% 12,200 5'/a Jan 29% 30 Va 600 24% Jan Central RR— 26 Va * 26% 400 23% Jan 46 Apr 55 47 47 Va 200 Steel Products Co_— 1 75 72% 75% 3,700 Inland Steel * 52'A 49% 52% 1,200 42 42 42 150 4,400 100 Interlake Co____— Steamship Co. Harvester International Mineral .—_i——* —* 54% 53% 55 Chemical——5 32% 32% 32% — & International Nickel Co (Un) International Shoe * Paper (Un)_ International International Interstate Tel —7.50 Co (Un) • Power Co— 3.50 Jones & Laughlin Aluminum Kansas & Power Steel (Un) Kennecott Copper Corp 103% 103% 103 Va 126% 126% 126% 31% Jan 43% May Salle Extension Lac.eae Gas Co D Printing Marquette Marshall Martin Cement Field (The) Co Oil of Oil N Oil 100 700 39% Jan 57 28'A Jan Merritt & Co 87% 113 Jan May Mickelberry's Middle South Food For footnotes see 44 13 18% 400 15% Apr 207/8 60 60 60 2(50 50 Jan 31 31 31 1,100 26% Jan 62% July 31% July 40 3,200 39% 38% Feb Jun 16 Va July Jan 59% 300 36% May 59% July 43% May 59'A 28% 28% 100 22% Jan 45% 44% 45% 2.700 44% Jun 19% 16 19% 47,000 36% May 52% Mar 19% July 44 44 59% __ 70% Mar 8% Jan 44% 2,100 42% Jun 48% 66Va 66% 500 58% Jan 40% 40%. 40% 1,000 40 Jun 67% May 48 % Apr __ Feb 43 47% 48% 900 46% Jun 54 Va 67% 67'A 68% 700 43% Feb 53 53 55% 900 52% Jun 70% July 73% Apr 73% 77% 2,400 66% Apr 80 July 58 % 58% 250 47 Feb 62 Apr 48% 49% 1,900 31 Jan 118 % 118% 100 66 Feb 10 __ __ ' 2.50 1 ; 48% __ Jan 50% July 118 »A July ; 52% 53% 48 Jun • 55 y4 May 31 31 31% 1,850 24% Jan 34% May 17% 16 17% 3,100 13% Apr 5 Co__ 38% 37 38% 1,000 29'A 41 41 42 1,250 38 __ 20 g class • A_ 50% 13 51 '1,600 500 43 300 35% 37% __ 39 74% 733/4 75 47% 47% 48% 1 10% Jun 55 9% Mar Jan Mar 11% May 54'A July Jan Jun 44% 800 53% Jan 75 3,300 10% Feb 38% July 50 Va 39% Jan 49 % Jan July Jun 8% Feb 11% May 11 11 100 8% Feb 12 58% 59 % 2,000 58% Jun 67% Apr 43% 42% 43% 5,100 42% July 52 Va Jan _ 39% 39% 200 34 Feb 39% Apr 70% 70% 200 64 Jan 74% Jun 100 40% Feb 46% May 8,400 21 % Feb __ • Service 10% 18 Jan July 59 15 (Un) 48% H3/8 54 % 1 class A 107 11% 54 1.40 50% 53 Va __ 5 400 70% 1 800 May 41% 41% 26 25 26 49% 49% 50% 700 23 Jan 28% May 50% July __ 34% 36Va Jun 36'/a July 67% 67% 1,800 200 27% __ 62% Jan 6.25 51 Va 51 Va 51 Va 700 49% Jun 6IV4 Jan 25 44% 44% 45% 2,500 44% July 52 % Apr 7 (Un)__ 50% 50 51 9,400 49% Jun 59% Jan Jan __ 50c 2 5 Inc(Un) California Indiana (Un) (Ohio| 69 Mar 5 55 55 100 43% Jan 17% July 57% July Line Corp Furniture __ 10 14 % 14 % 50 13% Jan 16 Va Feb 10 12% 12 13 Va 13,500 9% Jun 15% Jan 1 60% 60'A 60 % 600 52% Apr 66% Jan __ Corp 5 34Va 33 Va 34Va 500 26% Jan 38'A May 1 25% 25'A 25% 1,400 25% Jun 29 25 45% 45 Va 46'A 6.500 35 Jan 46 V* & Company Aircraft Tennessee Texas Gulf Textron 15Vt 600 33% 33 33% 1,400 30V2 Jun 38% 81% 80% 82 1,800 74% Jun 86 Va 3.33% 35'A 35'A 36% 300 50c Co Producing Ramo-Wooldridge 29Va 27% 29V» __ Edison Feb 45 Va 18% 19 200 17% Jun 15'A July Jan Jan 27% Mar 39 11,200 19% Jan 29% July 56% Feb July 64 Va 64 Va 200 70 May • 28% 28% 29 800 23% Jan 29 July 5 16Va 16% 16% 300 15% Jan 66'A 66'A 67 200 62 Apr 17 Va May 70 Feb 30 31 Va 700 23'A Jun 100 17 5 Co Co Company Corp (Un)— Ex-distribution World 14'A July Jan July 1 Tool Power 14% 5 __1 Transmission Inc Thompson Thor Corp 25 Gas Inc 2 31% Jan 23 23 Feb 24 Va Jun 1 11% 10 Va 12 Va 38,300 4% Jan 12% July 1 42% 42% 42% 400 39% Feb 42% • Airlines 146% 145% 146% 600 120% Feb 5 „ — 19% Mar __ . May Trav-ler Tri Radio Carbide Union Electric Feb 81% July 63% July Union Oil 32% Mar Union 103% 104% 5,800 97 % Jan 1,000 59'/a 500 3% 2% 60% Jan Corp _ -- 69% 4% 2% 70 Co 4% 2% 300 (Un) 10 1,200 30% Jun 35% Mar 25 52% 52 Va 52 V. 500 44% 10 34 Va 34 34Va 1,900 33% Apr Jun 38'A 53% 54 43% 43% 1,000 8% 8% 100 RR Feb United Aircraft 70 July United Air Jan 4% Mar United Corporation Jun 3l/a May United Fruit States 11 20% 11 100 10% Jun 12% Apr U 20 % 20 % 700 20 Apr 23% Jan U S S Steel 11% 11% 12 Va 700 11% Jun 13% 90 91 500 Apr Webcor 19 % 150 80Va Jan 16% July 98 19% 24% Jan (Un) ; Inc 10 (Del) (Un) Co 1 __ 43% __ • (Un) Corp 34 '/a 4 Gypsum Go 5 33% __ 105% 5 16% L Western 66 ' 101% 34 Va 34% 35 53% July Feb 51% July 30% Jan 500 8% 2,700 65% Mar 44% July 9V« Mar Jan 34 Jun Jan Jan 118% 105 % July 66'A 110 S7 46% 99% 102V. 2,400 88% 5,200 11 45 Feb Jan 105 66 106 , 250 68 Mar Apr July Jan 90 Corp Lines Rubber Feb 149% May California of 117 Apr (Un) Corp Pacific 300 Corp Continental 52% 52% 52% 100 45% 46% 700 46% May 42 % Jun 1 49% 46% 49 % 300 32 Va 28% 28 29% 3,650 38 88 Va 400 19% 20% 1,100 14% 14% 20% 28 Jan July Jan Inc 59 46% July White 62% May Wieboldt. 36% 1 Union Telegraph Westlnghouse Electric Corp Whirlpool Corp Motor 70% Feb 89% May Wisconsin 18 Jan 22 % Feb Wisconsin Public 100 13% Jan 17 Feb Woolworth Corp Power (Un) Electric W) Co (Wm) Jr 20 Va Jan 23 Mar Wrigley 300 15% Jan 20 Mar Yates-Amer 200 44% Jun 50 Va May 8% 800 7ya Jan Mar Machine (Un) 43% 300 89% 94% 1,000 36% 36% 100 5 _• _* 10 Radio Corp __ __ 10 • 5 — • 1 58 58% 400 .. 19% 19 Va 50 32 700 28 37% 37 32 37% 500 25% 26 Va 200 36 23% 59Va 59% 300 89% 89 V. 18Va 19Va 100 700 53% 84% 12 .a 137% 140% 120% 121% 200 330 117 95% __ — 18% — 120% 19 V. May 43% July 30% Jan 71 Feb 30 Jan 41% Mar 15 A Jan 32 — 10 Co Youngstown Sheet & Tube Zenith 14% 42% C01- 50 19 9 Service (F 48 8% common Bankshares 18 22 13% 43 94% 1 Inc Wisconsin 47% 22 18% 13% 2V2 12.50 Co Stores Jan 1 page 14% May 12 % Feb 22 1,400 64 10 Minneapolis Brewing Co 100 16 Va Va Jan Jan 1 14% 18% 15% 18 Jun Trans 28% —* Products Utilities- 100 is 1/2 15 12% 126% July 36% Jan 1,200 4 , Apr Apr 47% July 16% May 38% Mar 56% Transamerica 39% 16%c Metropolitan Brick Inc Meyer Blanke Co__ 16 Va 1 000 900 37% 12.50 473/a 200 Trane 36 Va —* Chapman & Scott (Un) 45 July 17% Apr 103% July 33% —* (Un)_ 35 Va 57% 28% . Jan 16% July 35% Jan 1 __; 23% 56% Toledo 34% __5 Cement— 350 17% 1,300 common 657/a 28 56% 2,800 4 57 Jun 1 30% Mfg Feb 59 10 63% 1 42 100 16 Va __ 5 J 1,000 63% 27Ve 46% 57 63% __ 5 Co 80% -25 53% 28 5 (Un) of Feb • (Un) Co Co Oil 30% common Co—, Medusa Portland Merck Co 56% __ 3 Public 76% Libby McNeil & Libby___ Liggett & Myers Tobacco (Un) Lincoln 46% May 30% May ___5 Corp Corp 61% 4 300 • common 30% 1 28% 25 (Un) Brands Apr 300 33 V3 common 28:/4 39% May 27% Jan 33%c (Un) 63% University 300 5 United La 403/8 " 54% 35% _______.—__1 ... 65 401/4 ' — —. » Co Pen Pacific Rand Texaco 75% July 54% July Jan 39 35% 10 (Un)_____—:—* ; __5 Kimberly-Clark Corp Knapp Monarch Co. Kropp Forge Co— 58% Jun 1 8.75 (Un) 500 5 Stockyards— Oil 33V3C Chemical: & Light 60% 50 Corp Union Kaiser 591/2 — 5 B Inc Swift Jan 35% Tel & ; A) Oil Temco 28% May Indiana International 16% Sunray Mid-Continent Oil Co 30% July 10 (W Sundstrand 8% July 30% Illinois Brick Co 29 2,500 6% Mar —10 Hupp Illinois 4% 1 2,200 20% _25 Studebaker-Packard Corp (Un)__ Sunbeam Corp 26% Mar 4% 3 Corp Industries 33 18% (Un)—1 Roebuck & Co Stork Apr 14% 31 20% Stewart-Warner Jan 14% 33 Standard Railway Equipment . 24 Va May 21% ■ 40VsJuly —2 Service Standard Jan 250 Public Standard Mar 500 108% 110% National Standard Apr 3/64 juiy 125 5 Louis Square ' Howard Corp Paper Standard July 40% 22% 2-100 40l/4 * — Standard Jan 56 Va 1,600 3/64 40Va _1 Standard Spiegel 153% July 20% 23% 3/64 ♦ Louis Sperry Jun 350 1,700 21% May 23 40V4 7.50 B Brothers Southwestern Jan 900 . Apr Jan 3/64 1 Southern Co Va July 21% July 25% Apr 3/64 July 40 % July 33% Apr common Southern 53% May 1,300 77 Va 11% Jan 500 __ 12 Chemical & Raisin Sinclair 81% May Jun 56% May Co of Indiana Socony Mobil 78% July 44% Mar Jan 44 65 Va 3 (G) Brewing Co„ 1,500 16% Feb Inc Class Apr 2,600 44% 47% » Sheaffer 43% May 25% July 44% Mar 52% 5 Sears Jan 38% May 24% Jun 150 35% 52V8 Regis Paper Co Schenley Industries (Un) Schering Corp May 200 75 25 — 45 66% 600 24 -- * A— 97 Feb 49 77 .___.1 (Un) Corn Corp 84 Va 74% 52y8 St Jan 50% July 74% Feb 48 28% Jun 5 class St Jun 9% 32 Va May 54 % Mar l',700 ' 4 100 lo St 58% July 725 143 % 143% Great Lakes Dredge & Dock——__—2-* Gulf 3% Jun 8 17 Jan Mar — Royal Dutch Petroleum 10% Mar s 26 % 18% -- ;—12.50 ... Feb 52 24% Stores Drug Gray Jan 7% 51% Co Granite City Steel Co Feb 2 49 — _—:_5 Co 7% Jan (Un) Rockwell Apr 28'A Juiy 14% Feb 10% May 42% May 18% Mar 25% > 50 __ (Un) New 80% July 21% Jan 25 Va -- — ———8 ______ 8 Feb 52 ADr Co River Jun Mar ' 10 (Un)_ 8,900 Jan Jan 32V« Co Oil Rlchman ' 1 1 -—T ex-distribution —1__— Corp Co 300 40 _1 Telephone & Electronics Corp—10 Tire & Rubber + 83Vic Glidden 3,900 94 »/a 53% General Gillette 1,700 81% 56% i—2.50 w com 52% 81 92: —1.66% Corp Public Utils General 81V4 Corp.-,———;__—'_____* Motors —General _5 i— 51%' 5 50% 39% 700 2-20° Reynolds Metals Co Reynolds (R J) Tobacco— May 26 Va Jun 26% 3 General Foods Jan 4,800 Contract Finance.——_____2 General 20Va 6% 9% Box General 1,200 11 General General Electric Co— 25 Va 26% General (Un) 26 600 39 30 Co Rexall Drug 24% July Jan 78% distribution—2 ex Feb 18% 20 ——-1 —__—10 Corp 22% 100 6% .__————2 Co___— 100 47% 35% Co (The) Revlon 10V8 July 24% 74 78 W D Corporation--.. General 5 . Jan Jan 25'A 45%, 39 July 50% Corp of America (Un) Raytheon Company Republic Steel Corp (Un) July 25% 24% —5 Inc Dairies Freuhauf F Inc :— Co 7 15 24% ____——2 Corp of — 45% 31% July Radio 26 Va May 14% Fairbanks Whitney Falstaff 7.50 Phonograph (Un)—5 Feb 5 Quaker Oats Co Jan & 26% Pure Apr Co Radio Railroad Firstamerica — 13 800 Pullman 96% July 31% Eastman . Potter 260% May El Paso Natural Gas—________—__—3 130 Feb — 9% May 257 % 252 Feb 10 Co— Chemical Public Service 7% 255% 5 106 400 29% (Charles) & Co (Un)_—__33%c Phelps Dodge Corp (Un) 12.50 PhhCO Corp (Un)_ 3 Phillips Petroleum Co (Un) • 47% Mar 24% 88% 68% May 100 10% 28% __ 293/8 Gas Light & Goke Co s 130 10 29% __ Pfizer — —_—1 .___— (E I) 100 750 % 26 % 1 . Laboratories Inc (Allen B) Common Du USA 43% 34% 86 86% JuJ V"* 29% Ry Electric (Un) World Airways Co 12% May 75% Feb 34% Mar iniv 28% 10 Pepsi-Cola May 43% Dow Chemical Co——____———5 Ltd 64% 33% 5 — 34 63% (Un )____________20 Dodge Manufacturing Co Drewry .34 fn v 400 3OV4 n), & Pen People T D 200 31% Jan 11% May 49% Patterson-Sargent Co Peabody Coal Co common Pennsylvania RR 66% July , Gas ' Tor* fi1 13Q , Mar 27% 29% Natural Gas— American Jan 62% 1 Parke-Davis & July 800 , Pan 5% 11 kr3a 3.33 Pacific ino 4 Tan 29% «aS C° Power Olin-Mathieson . 24V 900 12 Jan 50% (Un) ^ i i0% 12 % 3% May §55? 2 30% Bancorporation v, 10S 3% 25 93/8 50% July 65 123% May 6IM2 Manufacturing Co— Oklahoma "iZ 56 Va July £eh 31% * otin oi!S°n C.°t7"7— Apr 49% States Oak Jun 11% _ 3% 39% jln Co__» Service Jan 46% \ Pacific Northwest tl'-A Zt 5 Public Northwest Airlines 63% Mar 96 47% , 25 America 500 20% d Corp wrSibmirrrr. 15% July 27% —10 Continental Motors Corp 1 Controls Co of America————5 of 56% , Indiana (Minnesota) 40"'o '500 Feb Apr Jun 1 (Un) Illinois Gas Co Northern Jan Illinois Nor then. Jan 500 2 650 6IV2 * Corp Northern Jan 49% Is* Apr 96% 22 5 Aviation Car 2 300 q1 1 ; Northern Mar 72% May '37 Amer 11 % 25 5 RR Northern Apr 185 50% 21% Container Corp of America__—__—___5 Crucible Steel Co 185 53 25 _,— Jan 49% 85 1.33 Vh Crane Co ___1______— ~ Jan 147 50 Va 14 Continental Can Co„ Feb Mar 600 5 Mfg American 7HV 22 "I^12^ 9% 5 (Un) Co(Un) & Central North Apr 20 Va 54 10 Tile North •37% ? Feb 33% 33% Lead National York 600 89 i Prod Co New " 44 58% • Gypsum Jan Tnlv 48% 12S Corp. National July 175 31 Gas 33 Va 32 % " 151 3«UA 55 « Register-.- Jan 700 86% __ 50c — National Distillers Apr Jan ; National Jan Mar A National Cash 'July 74% 14 % 60 36• 33% class High 113% 49%' .....5 Low 1.00Q 56% • • <un>. Company Nachman Apr ' 175 68 Conv Muter Apr 100 71% 175 * — July 41% 100 Power —2 Range Since Jan. 1 High 21% Mot0nt0verncoh7fsrcVToWo-s::::3i 6% Mar 66 21% 10 preferred Consolidated Foods 87 * Co Sharea 35%-36% , 33 Va Jan 55% 34* :T5% —__5 — (Un) Commonwealth Edison common $4.64 Jan 33% 175 Corp__— System Jun 3% 200 33% common,.—.—I . 30% 1,400 25% _—100 Colorado Fuel & Iron Columbia 1,400 5 62 29% ——10 : 32% "70% 71%: * Electric & Gas Jan 46 Jun 4% 33% 25 8.50 Chrysler Corp Service 41 % Montgomery Ward & Morris .Philip, & co Jan 32% Mar 43% 57 1 _: Chicago Rock Island & Pacific Ry Co_* Chicago South Shore & So Bend—12.50 Chicago Towel Co common * Cities 12 3% Jun July 41% 1—25 Chicago Milwaukee St Paul & Pacific * Chicago & Northwestern Ry com * Cincinnati ' 39 Va Apr 29 100 Manufacturing Co— for Week 147% 149 __ 12:50 Monsanto Chemical (Un) July 21% Chesapeake & Ohio Ry (Un) convertible 2 Va 100 27 Jan 61% & Champlin Oil & Refining common-i 1 $3 ^convertible preferred : —25 $7 4,600 - I 41 43%: 18% 147% 10 Sales Range Low ♦ (Un) America Corn 2^2 29% 50 i common hemetron 2%. 4,800 41 Brewing Corp— .___v——50c South West C6rp 5 Central Illinois Public Service—:—_10 « 27 29% Centlivre Central 23 10 — Corp of 27 _25 common preferred New —___5 Export Gas Ltd. Pacific (Un)__ Canadian 4j/2% Inc Week's of Prices Par 25 % July 36 % 22 F5ida/ Last Sale Price 22% 15 24 sTnrKS & 1 0 L K S High 35% 21% JULY - Range Since Jan. 1 High 35% ' 12.50 Brothers ended Sales 24 7a —5 ___ —______ WEEK for Week of Prices FOR 37 Jan Jun Jun Jan Jan Jan Jan May 97% July 39 Va July 59% July 20 V4 Mar 34 - 40% 27% 60 90% 20 Mar Jan Jan July Feb July 140% July 132% Jun The Commercial and Financial Chronicle . . . Monday, July 27, 1959 (390) 38 OUT-OF-TOWN MARKETS range 24 JULY ENDED week for Friday Pacific Goast Slock Exchange •L1 Last STOCKS Laboratories Admiral Aeco Corp Corp Alaska . — Corp Allegheny 1,000 Inc General 15,300 2,600 3% Feb 6 % Mar 500 10% Jan 13 % Aor 327* 31% 33 1,900 26% 37? 4 37 37% 2,300 115 115 100 81 84% 84% 200 84 % July 29% 30% 3.900 • 115 30'Jl 34 Feb July , 39 Va Juiy 27 % May 104 Va Mar 24 Vb Jan 600 3,600 17 July 8474 July 45 Va Mar 57 5,300 45 Mar 58% July 21 % 21'% 900 16 Jan 22 Jun 25 25 24% Jun 26 July 71% 25'% 73 lb 1,500 78 Va 3,800 60 Va Feb 733/4 July 75 75 100 44% Jan 81% May —1 ^4 51% 497a 51'% 700 42 Jun 22 22 200 20% Jun 28 Jun 5 47 47 47 100 37V2 Jan 47 July 1 5 1 —10c 1 * 12.50 1 —* 2.30 2.20 2.30 400 23'% 500 30% 28% 500 20% Feb Feb 29% May Glen Alden 12.50 42'/« 45 2,300 42 Jun 50 Va Jan Good Humor 62 '% 61% 62% 900 46% Feb 62 Va July Grace 16% 17 400 12 Jan 19% May Electronics American 1 Inc American 8c Foreign Power (Un) American Smelting American Tel American American Tel 8c Viscpse Oil Anderson-Prichard Louisiana Steel Armco Warrants Atchison Atlas Barker Jun 91 Jun 300 37 Va Feb 53 July 35 2,800 Jun 85 July May Jan 84 Feb 37% Jan 800 62 32 % 400 30% 46 300 46% 10 78% 79% 400 5 29% 31% 5,200 18% 18% 100 11% 29% 30% 1,600 27% 6'% 6% 900 6% July 8% 3 July 3% 2,300 ' 3 3 % 3 15'/a 14% 15% (Un)—13 17% 17% 18 3% 3% 3% 8% 90c 1.10 67% 67% 100 8% 34% 6% Oil Corn— 32 % July 67 % Feb 600 100 1,800 2,900 9 34% 6% 6% 2,700 44 % 400 1,600 2% 76'% Jan 285/8 July Feb 97c Jan 43 Mar 54 July Jan 4 Feb 76 >/4 July 76'% 100 58 V2 Apr 1% 17b l'/a 1,200 1% Jun 543% 543% 100 50% Jan 59% Apr 45% 41% 217b 477b 1,300 39% Mar 56vb Apr 22% 1,400 17% Jan 24 Va May 200 107% 4,000 17 Va 126% Jun 217b Jan 1083% no'/e Feb 2vb 21 lb Jan 267b Mar 71 % July 71% 71'% 100 53 Va 39'% 39'% 100 31% Jan 40 Va July 31% 313% 33 500 29 V2 Jun 363/4 95c 93c 98c 2,200 56 3/4 57'% 200 39% Apr 57 Va July 24 3% 247, 100 14 Jan 26 Va 7'% 3'% 24% 3,000 , —5 Tel 10 75c 357b 200 92c 14.000 85c 50'% 12,100 100 50'% * * * 103% * (Un) Tel & 85c 71c 35'% 72c (Un)__50c Mines Corf) Power Interstate 38% 37 2.85 55 53'/a 80c Feb 5 Va Jun 1.50 July Jan July 8'% July Jan 1,3 >') Feb 92c 31V4 Feb 3874 34c Jan 30c 47 Apr Jun 51 May 57 Va July Feb 39% Jun 1.35 Mar 200 86% Jan 104% July 39 1,200 29 Va Feb 45 % May 19 Jun Mar 3% Co..—_— Oil Jade 50c - Johns-Manville 19 .100 18 Jun 19 3/b Feb 2.50 2.85 900 3% Jun 1037b 1047b 1.85 Mar 57 500 51 Vb Jun 59Va Apr 78'% 200 60% Feb 81 Jun 61 % 64 1,000 64 July 137b 19'% 2,100 103% 103% 300 567b —.5 10 (Un)— Steel (Un) Corp Jones 8c Laughlin 59 July 767b- Apr Jan Kennecott. 12 May Kern 64 .4 19% Industries Kaiser 45 Va July Feb com—33 %c Kaiser Alum 8c Chem Corp 12 * 2.50 (Un) Copper County Land Co 52% 29 29% 3,100 28 Jun —5 29 % 30% 300 19 Va Jan 31% July Finance Plan common——50c 7% 7% 700 7% Jan 8 Va Apr Lehman 6% preferred —10 9 9 100 8% Jan" 9 % Apr Leslie 10 Va 10% 100 13% Jan Libby McNeill & Libby common Lithium Corp of America Inc.. 700 2% 200 16% 4,200 37 Va Feb 20vb July 12% Mar II6V4 Mar July 103 62% 51Vb Jun 2% July Jan 33/4 Mar 29% July Company 53 Va 2% 33 %c Co Forge Kropp Budget Budd com Lear 50 —— 16% 1 Inc 299b Bunker Hill Co 10% —2.50 (Un). Burlington Industries Inc Burroughs Corp 24% 22% 25% 2,200 14% Jan 35 % (Un)—,—.1 — 5 — 10 Va July 3 5 Va 35% 900 34% Jun 23% July 45 Va Mar 100 100 54 11% 11% I2V4 1,700 1 common—...1 * 15 vb 14% 15% 300 Calaveras California Ink California Canada 5 52 34 —5.50 Co Cement 21V4 5 297a _—; Co Packing Corp new 1% Canadian Pacific Railway (Un)——25 Carrier Corp (Un)——— 10 (J Case Corp Dry I) & 21% common..—10 Caterpillar Tractor Co Corp of Amer Celanese 112% com—* 32 VB Cenco de new Instruments Cerro : Pasco Certain-Teed Vought Refining Aircraft Co Corn Colorado Fuel Columbia 30% 29% 301% 1,500 32 'A 32 % (Un)__5 43% 43% 45% .—10c 41c 43c 10,000 Cons Choi & Consol Continental Corn Oil Co Oil Cuban Records Deere 8c Desilu Rio DiGiorgio Class $3 Fruit Lab El Erie Flour Food Ford Motorola 300 2,500 503% Feb 523% Jun 64% 9 3/a 1,800 53% Jan 10% May 9 1 65c 65c 75c 11,000 64'% 64'% 100 (Un)__* ..50c 44 44% 48% 14% 1 & ll'/4 11 National Gypsum National Steel Apr National Co Corp Tiger 96c Feb ... ._ 54% 67% Jan New 613% Jun 34 Mach Motor (Un) 45 Jan 3% 200 11 Feb 53% 400 52'% 54'% 400 50'% July 52'% Feb 513% 200 , Apr 51 29 Va 56 Vb 55% 56 % 300 38% Jan 56 Vb —* 1 —3 49 48% 49 300 40 Va Feb 15 14% 15 900 13 Jan 50V4 July 20% Feb 117% 124% Jan 1243/b July 41 (Un) N Feb Jan Niagara-Mohawk Power Nordon Corp Ltd : RR Central 200 58% 700 14% Mar 30 31% 600 28 V2 Jun 34 Vb Mar 61% 61% 100 59 Jun 67 % May North American 78 V2 Mar 92 July 12 3/b July 67% Mar North American Invest 59% Northern Pacific Jun 92 92 100 12 200 10 1 (Un)—1 7 71/2 2,800 7 20 2OV4 28V» 29% 2,400 900 37 37% 700 92 * Aviation Co 61 % 11% * -1 (Un) Norris 31% 37% 1 (Un) 12 74 Mar 19% Jan 21 Vb 26 Feb 313/4 July 35% Jun 40 3/4 17c July 34c Jan Jan Feb 19c 2.20 27,300 4,500 45% 45V3 47% 1,100 397a 200 24 Va 52% 52% 100 473/4 Feb 57 Vb May 34 32% 34 Vb 2,500 31Va Jan 44 3/b May 153/4 Jan 2.75 Jun 4V» Mar 393/4 July 46 V* May 34 5 (Un) Jun * 17c :l common Railway Jun July 19 2.05 18c 1 — July 19 18% .-1 (Un) Co 15% July 13% Apr Oil ....1 10 — Electric System England (Un)_5 Apr May % Mar 35 1.75 Jun Jan Jan 2.90 Feb 52 % Mar 36 Va Anr 353% Jan 5'% 6'% 1,400 43% Jan 56'% 2,600 50% Jun 60 % Jan Oahu Jun 97 % Apr Occidental May 32% Feb Ohio Olin Mathieson Chemical Corp 5 551/4 57 300 42 V* Feb Pacific Cement & Aggregates 5 19% 19% 20 1,300 19 3/b May Pacific 8 31% 31% 32% 500 27% Apr 42 Gas & Electric common..—__25 63% 61 Va 63% 2,400 583/4 Jun 663/4 30% 301/4 30% 1,300 29% Jun 32 27 Jun 29 Apr Feb 24Va Jun 26 Jan 24Va May 26 V4 Jan 21 22% Jan 120 903% 293% 500 26 1 '/a 14% 1% l'/a 133/4 14% 3 5 3/a 35 35% 50c 20 207a .1 63'% 647a 300 31 •% 2% 103% jun 17% §00 Jan 39 Va Apr 600 17 Va May 21 Vb Feb 48 V4 647b July l'/a July 200 x . Jan 18 7a 187a 100 18 7s 197a 400 153% Jun 13'% Feb 13 173% 1774 100 17'% 17'% 173/4 1,200 83 83 33 3 « 43'% 43'% • 467b 43% 1 21 July 19% 17 3% . 8'% 5 Va 20 47 Feb 593% Jan 400 41 % Jan 3,100 43 3/a July 3'% 200 6 May Jan 88 3/a 500 75'% 40 Vb 40'% 200 3 9 Vb May — 4 96 34 Co(Un). - - _ Lighting Corp $4.75\ preferred $4.36 Apr Pacific 96 34 97 300 757b Apr 97 July Pacific Tel Northern Pacific 97b May Oil 1% 100 1,800 Va 300 37 5 327b 327a 200 327b July 18% Jan Jun 39 Jan Davis 200 2,400 14 Va Jan 26 Va May 58 600 45 Feb 58 July Pfizer 137b 15 1,100 11 Mar 15 July Phelps Dodge 77c 79c 1,900 75c July 24 247s 400 127a Jan 247b July 9'% 10 1,800 7 3/a Jun 10 Va July 1 8 8 Vb 200 7'% Jun 10'% Jan Pullman 47b 47b 200 47a July Feb Pure 14 Va 21% 1.15 Apr _ . 24 47a __ 187a .3.33 % 187b 100 25 _ 243% 25'% 4,300 39'% 38 34 22 22 Va 500 16 3% 16 163% 600 2.50 (The) 1 Corp 10 Co 51 Feb 1 • 1 Feb 67'% 50% 50% 52V4 900 47% Jun 120 91Va July 993/4 Mar Jun 94% Mar 89% Philco Corp Jan 26'/b 37Va July 20 - Jan ■ - 20 Apr Jun 51 1,400 41 Feb 52'% 773% 1,700 51 Jan 20 Va 70 27 277s 600 6,600 ■---•• 300 Jun 43% May 27Va May Apr 117a 49 67% Procter - Corp Puget Sound Pulp Oil (Un)— (Un) Gamble Inc (Un) (Un). Co & 50 —33%c 1 33VaC 12.50 3 5 common (Un) 83 20 84 V4 Jun 6 200 4 Vb Jan 184 3% 3% 2,600 13% 14V» 2,500 179% 185 Va 2,900 136 20 136 2V4 Jan 133/a Jun 149 Jan 134 V4 July 1978 Jun 80'% July 213% jai1 59 Jun 76 183% Jan 28 Vb July Apr Radio Corp of America (Un) Ry Equip & Realty Co Rayonier Incorporated Raytheon Mfg Co (Un) Republic Pictures (Un) Republic Steel Corp (Un) Reserve Oil 8c Rexall Drug & Gas Co Chemical Co Inc Reynolds Metals Co (Un) , ■ 553/4 Jan Feb 6 3/4 May 5% 19 Va Apr Jan 185 Va July Apr 143 400 23 Va Jan 35 V4 Va 471/4 5,300 36Va Feb 47 Va July 17% 28 47 V* 18% 300 15% Apr 20 26 v2 27Vb 46 28 30% 30% 31 1,800 Jan 9% 9% 4,600 578 Jan 10 38 38% 600 367a Jun 45 60 60 100 60 July 70 213/4 Jan Apr Jan Mar 31 9% Va 3% Jun May Feb 36% May 28 Vb 29%™ 1,300 45Vt 44% 45% 1,800 443/4 Jun 82V4 82V4 82 V4 100 74% Jan 363/4 Mar 25 26V4 700 18 v* Jan 26'% July 66 Va 66 Va 100 59 Jan 66 % July 40% 40% 40% 300 393/4 Jun 48 Apr •—* 1 1 5 50c 10 67% 67% 67 Vb 300 43 3/b Feb 70 Vb July 6 Va Jun 1 26% 3 * 5 Timber (Un) 36 8V4 Mar 28% 2 (Un) Co 1 * 10 86% 1 100 100 94 89 Va 6 88 3% Bottlers 8c Co Inc (Un) Petroleum 8c 931/2 89% 203% May 20% 20 .2 ... Inc 167b 300 39'% 8 73?4 5 * -* * 14'A Pepsi-Cola (Un) Pepsi-Cola United (Chas) Jun Feb common Co 1,200 4% 1 Pennsylvania RR Co (Un) 197a Phillips (Un). 8c 25 V4 Development—33Vic Pan American World Airways Parke 25V4 700 Preferred 49'% July 37'% Apr 19'% 1 . common.. , 2'% Jun Vb 1 i_ __ Jan Jan 900 13,300 Airlines— Gas Tel <Sz 58 • _ 197b 3/a 307b 8c 25 % Apr 22 Petroleums Ltd Feb 27% 25 * 46 63% 27Va 600 Jan Mar 71/4 preferred Jan 18 July 23'A 6 vb $4.50', preferred 34 49 18'% 57 21% .—: 300 32'% 5 Mar 22 7 common.. 400 l'/a 4 1,500 —.—2 Inc 8 31'% .20 . 19,200 401/4 19 25 25 25 pfd Pacific " 1 . (Un). A. 1st red Industries 407b 49'% 32% 3% 39% 25 preferred redeemable 1st pfd class A 1st 77b 5 3 — 3% 40% 25 407a .1 .. Products—.——— preferred 1st preferred 4.36% 927s July 453% Jan 877i 40'% — 600 3% * — (Un). redeemable Pacific 8 3% July 87 34 % 5% Mar July 467a 1st 5% 83 5 1 6% May Feb 50c ... 19 VB 20c —20 (Un) Petroleum Co Clay Pacific 20 3/b July 20 Mar 72% Mar 433,4 ■ Oil 1 , Ltd Sugar Co Feb 27 3% Northrop Corp Jan 1,000 . 2.50 A— B) Co— Feb Feb 35 Va July 5434 91'/at 91'% . Ltd Dairies 45 Va 21% 100 6% _ Corp Trailer 100 (Un) Inc 44% July Y Jun 1,200 (Un); Co Corp 58 Va Jan 12 % * class Ctiem Jan 54 3% (Un) 8c 18% 48 —1 27% Feb 233% 100 49% * Co Inc 400 36'% * Natomas Company Jan 1 Airplane (Un) Line 20% 24 Va —,— Theatres 30% - .. 19% Jan 8V8 3% May 223/s Feb 43 Distillers & Chem Corp National 31% Juiy 5 (Un) Ltd Corp 800 5 Corp Co 2.65 51% July 7 May ___50c Phono Co 2.50 24 —. 63% 50 y* 11% 1 & 400 36% (Un)—.... Inc Corp 24% Mar Apr Jun 400 _ Nafi 50c 100 47% Jan 561% Jan 1,300 26% 14% 47% 40 3% 26% __10 Jan 300 7% 72 Va May 300 233% (Un) Whitney Oils Foremost Friden May 34 70 3/4 20s% _ Share Eng & Fruehauf 37 Jan. Montrose Chemical 53 % 600 __ Co Capwell Firstamerica Flying 31'% July 68 Va 2,100 ... Products Fairbanks Flintkote 68% 22 Feb 1,700 17VB 7Vo 24 Chemical 33 Jan Jan 6Vb 1.75 46 Va 17% 7% 36% Montgomery Ward & Co (Un) 4,700 (Un) class Gas & (Max) Fargo Monsanto Feb 31% Exeter Oil Co Ltd class A Fedders Jan 73% 58% Ltd. Radio Fairchild 33% 41 % 25s% 15% 44'A 17 Va . 2 Apr 32% July 500 30 % 293/a 42 'A Mar 46% 20% Feb 69 May 61% May 58 Feb Jan Jan .—5 —10 68'% Jan 65c July 49 Va 22% ——25c Develop Pacific Railroad Factor 30'A ...1 __ Co Co.. Petroleum 100 21'% 40c Apr July 1 (Un) Bond Emporium Merchants 400 . 21% common Co Manufacturing Menasco Co (Un) Mississippi River Fuel Corp 58 Va i RR Lines Natural Emerson Feb 28% _ Co Auto-Lite Electrical 22% 21% r (Allen Mines Electric Jan 307b preferred Kodak Paso 71% __._5 Inc Air Electric 145% 2.50 Chemical Elder 300 58 3/a Inc Dresser Industries Eastman 21% 9% ... Eastern 32% July 21 Va B cumulative DuMont July 10 Dominguez Oil Fields Co (Un)__. Douglas Aircraft Co Douglas Oil Co of CalifDow 31 5 3 Va 1 . Co Corp 118% July 600 48 V4 2.50 I 6% 6 Va 100 6 V2 52% Mar 7 Mar 28 vb 28% 400 193/4 Feb 30 V4 July 54% 55% 600 513/b Jun 73 Vb 10V4 11 1,000 73% 73% 300 26'/4 27% 49 49 112% 115% 4,000 8Va 67 Apr Jan 113/4 July Mar 793/4 July 26'% July 39 Va Mar 500. • - 31V» Jan 50% July 2» 67 Feb 116% July zr For footnotes see page 44. a 32Vb July 200 Jun 1 (Un). Productions —1 Jan 32'% 393/4 23% Mar 300 71'% 21%. 1.33% com Grande 84'% 313/a Jan 37% Jun 63 Va 33'% _ Company oc Denver 1123/4 113'% Jan 700 -1 Company 133/4 200 49% 213/4 of America (Un)_12% Inc Matson Navigation Co (Un)————* Meier 8c Frank Co Inc...—.———10 Jan 25 Jun 60 71 Vb Cudahy Packing Co (Un) Decca Feb 63 12% July 28% Jun 46%/ 33 V4 .... Oil Jan 26% 500 41c 11% Apr 31% Mar Jun Mar —1 .1 _1 * American 393/4 July 20% Jan 48'% 1,000 ____.25 (Un).: Curtiss-Wright Corp 300 227b (Un) (Un).—... Co Merritt-Chapman 8c Scott (Un)—.12.50 Middle South Utilities Inc —.10 __25 Co 40'% 213/4 Co M & M Oil Magnavox Mission . Crucible Steel Martin M J Jan Apr Corp Co Preferred 32% Mar Apr Zelldrbach Corp common Crown Jun 25 (Un). Crestmont 29 16% (Un) Co 100 45% (Un) Co Products Crane 293/4 July Jun Savage Min Motors 21% 2974 Jun 29 5% 36'% July Copper & Steel Ind com__2 Continental Jan 19'% 127b ; Corp.. Co (Un) Can 20 100 Foods Continental 100 100 (Un)__; Electrodynamics Continental 1,400 500 .10 Consolidated Edison Co of N Y Consolidated 950 30 20% 14% _—— Edison..... Gould 21% 29% ' System common new 39'% Iron 8c Gas Co 39 V4 (Un)n ; Commonwealth (P) 13 Va (Un) (Un) Clary Lorillard 21% — Service Apr 21 Va July 31% Jun _—^1 Chesapeake & Ohio Ry (Un) —25 Chicago Milw St Paul RR com (Un)..* Chicago Rock Island 8c Pac (Un) • Chrysler Corp —;_ 25 Cities 53 Jan 21% ..1 ——5 Products' Corp. Oil 8c Cbamplin Chance Corp— (Un)—; 36'% 393/4 29% 12.50 (Un) 21 900 523/4 Corp — 20 3% (Un) Co 51 (Un) Inc ) 18% Jan 28% 55% 10 ...7 Company Aircraft Lockheed Loew's 9 V4 29% (Qn) Corp Salt 15 29% 54% ' , 27 V* 13% May 51c 54% 1 Co—— International 46% Feb 5% 3.00 Mar Apr 2 Jun 38 34% 200 3 Vb Apr 43 % May May 34Va 300 Co (Un) Imperial Development Co Ltd. Steel Co (Un) July 85 49 % May 57 Cement (Un) Maryland Ideal 73% May 39% July 43% —5 w i_5 9 Va Jan 1 % 100 1% 9% Sound Corp Idaho Feb 2.30 Feb 79% 9% Howe Hupp International Harvester —...... Int'l Nickel Co of Canada (Un) Jan 53 Feb 5 Apr 527b 27b —1 18% July 60c 14,000 52% 12.50 1 Jan 36% 600 62c 21% Inland July 27 60c 108% (Un) Co Mining Homestake 17 Va May 38% 54 Va (Un) Co Hotels Corp Electronics Jan 1 % 79'% — (Un). Borg-Warner Corp (Un)_.» Broadway-Hale Stores Inc new Jan 38% ——.—1 (Un) Corp Inc Cons 19% 7% 6,000 Inc——,v—1 31% July Jan 3 Va 100 Consolidated———1 79% July May 14 3,200 ——5 65% Mar 23 700 ——1 Corp 25 Va 25 Holly Development Co— 63% July 10% - July 23'% 60c 7% 2 1/12 2.50 50c Hoffman Apr 30 Va 1 Jan Powder Hercules Hilton Jan 700 ...• 22 23 % 1,000 — Jun 2.10 25% j—1 3 Pineapple Hawaiian • Apr 100 63% Co— Aviation 46% 46% 68 % May 21V2 Jan 106% 46% 68% Corp—L—.— Chica 64'% 637a 31% —5 P I Bestwall Gypsum Co (Un). ... 1 Bethlehem Steel Corp (Un)=^._ —3 Bishop Oil Co_. 2 Boeing Airplane Co (Un)_ 5 Bolsa 76 200 (W R) Greyhound Corp Gulf Oil Corp (Un) Apr 3,600 53 77 5 (Un)-. Instruments 89 80% 98% (Un) Bros Benguet 43 % 62% * (Un)__ ._— Barnhart-Morrow Bendix 15'/a 200 30 — Petroleum Beckman 1,100 43% 08 (Un)_„„10 Co Baldwin-Lima-IIamilton Bandini Feb 62% —-50 (Un) (Un) Corp Mfg 56% 15% 43% 25 —1 (Un) -I Corp (Un) Warrants Avco July 15% 15'% 51% Topeka & Santa Fe (Un) —10 Corp Apr S8% (Un) (111) Jun 18% of Calif 8c Co (Un) Co (Un) Granite City Steel Co (Un) — Great Lakes Oil 8c Chemical Co Great Northern Ry (Un) Great Western Financial Corp 53 Va May 80% Gas Corp Co 8c Armour 50% Corp Graham-Paige Corp 49 % July Feb 25 Archer-Daniels-Midland Arkansas Feb 44 % 33 % (Un) Co 25% 100 — Corp (The) 4,100 (Un)__ Co Co Corp Ampex Anaconda 48% 50% (Un)—• & Refining Tobacco 14 Gladding McBean 8c Co Jan 18% 200 45 50% 14 % Corp Jun 14% 47 '% • (Un) .2.5 American Potash 8c Chemical Corp—* American Standard Sanitary (Un) 5 Motors American (Un) Corp Products 33% ' ,..5 (Un)— Brothers 33 (Un)———10 Jan Mar 67 Vt Mar 50% July 74% Feb 813b 42% (Un)—— 1,100 39 247b 28% Co 51S/b High , 38% Jan 807b Bosch Can Low 537b Bdcast-Pant-Theatres (Un)_l American 24 22 Vb American American Cyanamid Co 27% July 400 81% Gladden May 39 800 24 Vs American 33 % 3% 357b 52'% 56% Gimbel Apr 33% 28 34% Cora common..; Motors Georgia-Pacific Corp Getty Oil Co July 115 May 277b Exploration Co of California._1 General Jan 85c July 42c 52c 5% 12% 43c High 1% General Pacific Corp.. * General Pub Utilities new com (Un)_5 Gen Telephone 8c Electronics (Un)__lQ General Tire & Rubber Co. (Un)_83%c Apr 5% (Un).—1 (Un)_—2 com Corp 80 % 29 % May Jan Feb 12% 48c " Arma Airlines 100 23% 12?b —1 Aluminum Co of America Petroleum (Un) Amerada American 72 Va 23 • 1 10 * (Un) common Mfg Co (Un) Limited capital—. Allis-Chalmers Aluminium 72 Va ;2 Mining Co Gold Juneau 55% July 63% Mar 17% 50 200 55 Va 55% 724/a Low 1 General Controls Co General Dynamics Corp.... General Electric Co (Un) High Low 5514 Range Since Jan. I Shares 5 5 General American Oil of Texas Range Since Jan. t 23? s 25 5 -1 1P<- (Un) Industries ACF Week Share3 ! Sales for Week of Prices Par High Low Par Abbott f< jr Range of Prices Sale Price Week's Range Sale Price Sales Week's Friday Last STOCKS , i Volume Number 5867 190 . . . The Commercial \ and Financial Chronicle (391) OUT-OF-TOWN MARKETS RANGE Friday STOCKS Sale Price V V ' ' Reynolds Rheem Rice : St Shasta —1 Jan 1.30 1.30 1.30 1,800 96c Jan 1.35 Jun Yellow Cab 83% 83 % 200 793/4 Jun 106% Jan Zenith Radio 38 38 100 29% Jan 38% 20 20% 41% 1,200 20 July Co com—_—* 23 600 20% July 273/4 700 35% Jun 42 24 200 21% Jan I'-fr 1% 1% 700 12 Jan 393.4 36b 39% 1,500 35 % Jun 44% Mobil Southern Oil 12% Co 34% 5,500 591/2 34 % —5 Co (Un) Co of Statham Instruments Chemical (Un) — 23% Jan 30'A 1,700 283/4 Jun 313A Jan 23 Jun % May 4% 43/8 400 70'/a 703/4 400 633A Jan 55% 300 54 Feb 4% May 5% Jan 74% 593/8 Jun Ford Jun Foremost Class 40% Apr 46% May ' General 21% Feb 283/a May Gimbel 300 501/4 51 2,400 100 9% Feb 49% . Jun 62 Apr 49% Jun 39 31% 31% 100 23 63 63% 200 11% 251/a 13% 14,100 61% July 93/4 Jun 25% 1,200 3% 4 1,800 451/2 463/a 3% 46% 19% 19% 12% 353/4 700 33% 33 81% 8IV4 33% 81% 19% Jan Jan Pennsalt Pennsylvania Pennsylvania Peoples Drug Philadelphia Philadelphia Jan 25 % Apr 13% Mar Jun Feb Potomac July 25% Mar 27% 29% 1,100 Reading 19% Jan 29-% July Scott 31 3,800 21% Mar 29% Apr Smith Kline & July South Jersey 25% 25% 22% 22% 200 31 2,300 26 Jun Airlines 5 Inc— ■ (Un) 22% 22% 233/8 200 17 Jan 421/4 42% 100 39 Feb 31% 311/2 200 27% Jan 31% Mar —1 „———— Century-Fox Film Corp Electric Oil Union Pacific Ry Union Sugar Co Co of * Air United Aircraft Lines United Cuban United Fruit (Un)_ -10 Corp —10 — (Un) Inc__: Corp (Un)_ Inc 31 Apr 21% July 400 200 35 23% May „32 Feb 100 31% Jun 4,800 44 Jun 800 33 Jun 46 47 % 500 34 Apr 55 433/8 43% 400 31 45 53% 54'A 800 51% July Iff % 22,000 341/8 A 343/4, 1,100 33 */2 Jun 44 % Mar 363/4 300 34% Jun 423/4 Jan 12% 300 103/a 48 48 100 42% Jan 5 66 66 66% 700 46% Jan —16% 102 673/4 July 100% 102 800 883/4 Mar 1053/a July 52 % Feb Steel Corp common— Universal Cons Oil Utah-Idaho West Equipment Bros Coast Western Co_ Sugar Co Co_ 1 Insurance Lines Western Dept Stores Pacific Western Union 31% 43 44 2,400 7% 7% 200 43 July 6 3,4 May 8 Feb 1 313/4 31% 700 30 Feb 34% 46% 100 29% Feb 46% July 391% 41 500 36 33% 700 27% Jun Apr 43 20% 451/2 45% 400 80 3/s July July July Jun 217/8 Jan Jan 19 Apr 583/4 juiy 47% July 44% Mar 37 Jan 16% —■ 49 Feb 22% July 20 21 Jun 23% 15 10 % Apr Apr 15% July 1,038 22% _10 49 Jan 19% 11 22% __ Feb 17% 695 22% __ Jan Mar 503/4 30 25 22% 14% 14%" 19 17% Jun 20% - 18% 18% 1 ( 49% 46% 50 410 323/4 Jan 613/4 May 89 843/4 89% 515 67% Feb 90 10 33%. 490 32% July 35% July 2,457 27% July 18% 3,962 15% Apr 29% May 20% Jan 45% 45% 66 423/4 Feb 53% * 52% 50% 52%' 5,021 46% Jun 57 7% 7% 7% 3,094 3 28% 27% 30% 1,486 22 26% 263/4 1,147 25% May 14% Jan 10 common Apr Jan 36% May 29% Apr 19% 193/8 25 38% 393/4 484 37% 20% 21 % 390 20% July 25 83% 80% May 83 % 863 72% Jan 87 Mar 60% 2.50 58 60% 26% „• 13.50 __ 553/8 . 21 May 44% Apr 1,108 45% Jun 62% 546 24% Jun 26% May 59% 570 573/4 Jun 66% Jun Feb 8% 8"% 26 83/8 Jan 93/8 Apr 54% 56% 423 48% Jan 58% Apr 47% Jan 533/4 May 57 Jan 64 49% 49% 50 61 % „ Jun 26% 25 583/4 „ 1 — Jan Apr 93/4 — * new Gas Co 6% May 393/4 __ • Lab 33% 28% 17% „ 50 French 32% 27% 18 10 — Jan May 28% • Co Last 61% 50 ' Apr Gas May 80 Apr 43% July 37% Mar U 331/2 33% 200 32% Jan 91 93% 1,000 71% Feb 96% July 16c 16C Westinghouse Air 1,000 13c Jan 22c Westinghouse Electric S Glass — High 45 453/s Jan 59 11 11% 6,546 5% Jan 14 43% 43% 45 36% Feb 55% 55% 55 % 1 36% Jan 56 21% 21% 213/a 76 20% Jun 243/4 Mar 8% 8% 1,078 24% 23% 24% 385 23% Jun 27 Feb 38% 38% 38% 25 34% Jun 40 Mar 55% 55% 16 44% Feb 59% July 37 40 37 * 7% Jan 45% July Mar Jun July 8% Mar 2.50 37 50 33 Jan 1 1 7,000 1 Feb 1% 3% ——1 3% 200 3% Jan 4 Jun 733/4 May 253/4 July 91 Mar 10 85% 803/4 85% 73 253/4 25% 25% 40 5 . Chemical— & Low 54% 5 Corp 10c Range Since Jan. 1 High 11 7% Corp of America Engineering & Fdry Co 12.50 Jun Shares 58 8.50 Refractories Bolt & Low .1 Co——. Rockwell-Standard United for Week 5 Plymouth Oil Corp Screw Sales Range 58 10 Walker Week's of Prices 1 Horns (Joseph) Co McKinney Mfg — Pittsburgh Brewing common Pittsburgh Plate Glass 18 30% .—10 Equitable Jan 200 42% 50 3,457 Columbia Gas System 1 Duquesne Brewing Co of Pittsburgh—5 Duquesne Light Co 5 Jan 200 41 1,263 17% Armstrong Cork Co__ Jan 1,100 4334 493/4 July 57% Blaw-Knox Co 13% 16% 76 »/2 27 Jan 17% 1 July Jun 38% 53% Par 71 16% 19% 65 % 23 326 17% Allegheny Ludlum Steel Apollo Industries Inc Jan 42% 62% July 856 . 56% Friday Apr 76% 20% Sale Price 44 16% 62 72% May 16% Jan Pittsburgh Stock Exchange 37% 76% 77% STOCKS Jan —25c Westinghouse Air Brake (Un). Westinghouse Elec Ccrp (Un) Williston Basin Oil Explor Mar May 321% 41 __ Washington Gas Light common * & Lothrop common-—10 Harbison —* (Un)___2.50 ——— Ry Co__ Telegraph 14 58 46% 5 (Un)_—5 Inc..—_— Western 43 —5 Pictures Inc (Un) Life Air ———10 (Un) 78% Jan 48 S 49 — Woodward July Apr 1 U 49 Co Jun 43% Plywood Corp (Un) Jun 140 73% Co— 35% Mar 11% Rubber Feb 11 69%. 13 49 common 533/8 July Feb 12% S Co Oil Power 3 8 3/a 1 U 503/a 65% 12% 31% July 543/4 jan jun 33% Jan 1,054 69% 13 Apr 34'/2 36 Jun 1 Gas Improvement 52% —10 common 46% 49 common— Corp 34 r, 89 5 United 33% 34% 50% 493/i Inc United 65% Jan 65% Corp new & Light— Feb 51% Jan Jan Apr —__16%c Jun 43% July 9% Feb 8% Vl9% .1.66% , 42% 149 18 3/8 13% 424 235 ; 24% Jun 123% 51% July 1499 Co 1 Electric & Gas com—.* Service Paper Sun Jan 9% % 24% c Jan 52% 10c —.—* — 23% 34% —.—5 — Co Industries 38% 145% 146% —.-12.50 Inc Oil 38% 146% —10 Calif————25 Co — United Gas (Un)__—1 (Un) (Un) 800 39% 29% 50 Electric Mfg Public 29% 2,388 V 48% 10 — Progress 30 Jun 28% '9.1/4 __i0 Transportation 35% 2 41% 1 Electric 29'A "Ex-dist" Jan 18 623/4 Inc Com 50c Union Warner Philco 19 common——l.—10 Apr 30% 51 46% Navigation Stores 27% July 30 89 % 17% 23% RR 75 31 Jun 44% __ Jan 75% 51 % 29% July 11,904 1,564 65% preferred Power 400 Corp t v Chemicals 800 * 39 49% : Inc 3,300 common——— ' 81 17% 5 Co 38% Mar 86% Jan Apr 79% 38 __ 24% — Co 28 (Un) 80% 2 B Co. Jan 46% July Feb 30% (The) & 29 5% 36 3/4 104% at Bait— Apr 15% Jun 9 2,900 Merck Jun Jan 86% Mar Pulp & Paper— Martin Mar 69% Jun 33/4 100 11% July 43 Feb 24 441 10 Corp„ Corp series High 295 5 Coal & Madison Fund 64 Low 88% 13.50 com Co Lehigh 35 , Light Dairies 5.12% Jan 25 2,200 Jan Range Since Jan. 1 High 5 Motors 1 Shares 363/4 —__1 Brothers Hudson 1 Jun Jan Jun .-. for Week 87 25 Co Battery Hamilton Watch Jan 62% 18 25'/2 14% May 44% July Sales Range 353/4 ,_1 Acceptance General 8,100 9% May 133% __ 5* America 201/4 Union Victor Motor 100 57 121/4 common non-voting B voting— 3,500 45 Jan 943/4 May 13 A 26 »/8 100 1 Co of Class 41% 12% 51% 59 % July 87% 1.80 & Light Storage Finance 25 50% May 7% 43% July 6.50 Duquesne 19 Union Carbide U S Jun 543/4 1,100 34% ——25 Warrants S 20% 27% Tri-Continental Corp U Electric 300 4,000 Power 19 .— Co Preferred United 50% Co Publishing 25 % Mar 600 22 35 —~—25 Curtis Delaware Week's of Prices Low .* , Jan 24% 57% —5 Jan 51% 59% 44% 51 Transit * World 200 High Jan 33% Tel & 5 Oil 400 Low 1 Company Soup Co Chrysler Corp 243/8 May 633/4 Mar 24% 1 preferred Tidewater 9% 10 Campbell Apr 58% 29% common — Baltimore Jan 21% Mar __1 Transmission Mar 673/4 13% July 33% 25 (The) (Un) (Un) Transamerica 9 122 124 % - Last Corporation Atlantic City Electric Co_ Baldwin-Lima-Hamilton 41% 1 • 433/4 Jun 20 26 —1 (Un) Corp Inc 54 1 — Co— Arundel Jan 45' 1 Steel Stores Tel Sulphur Gulf Twentieth 43 100 1 (Un) Gas Texas Trans 800 1,000 21 5 Petroleum- 22 Wood Transmission-— Texas $1.25 143/« 431/4 571/2 5 Packard Inc 300 55% 10 — common: International Textron 7 . Inc__ Co Sunray Mid-Continent Oil Gas 4% 25 J N Stauffer Corp 200 1 (Un) Budd % 12% 6% Jan Alan May 21% — California of (Indiana) Telautograph 59% Par Mar 89 33% July 583/e Jun 21 —1 50c 27% 13% * __ (Ohio) (Un) Warner Corp (Un) Texaco, * —-— com 76% July 18.% Jun 43 15 Oil Oil 12 15 Service— Sperry-Rand Corp Warrants (Un) Tennessee Jan 55 —2 701/s TXL 6% 33% A Co Co Public Co 450 200 Pacific & American 300 Railway Co Swift American 17% Mar 34 Southern Sunset 14% Mar Feb 18% Southern Studebaker Feb 9% 18% __ 29% Stanley 9% 100 33% 10% Calif Gas Co pfd series A__25 Cal Petroleum 2 Standard 200 12% 100 24V4 Oil 14% 12% 9% 58% Standard Jun 76 % (Un) Edison common Corp Apr 49% 9% 25 Oil 293/8 Jan 76% —__——25 Oil Feb 39% 9% common__25 Standard 23% 500 76 % preferred Standard 100 48 7.50 preferred Southwestern 58% Friday 24% —2.50 4.78% Southern 33 Sale Price 13% 1 4.32% Souchern 100 Philadelphia-Baltimore Stock Exchange 24% Col———————_—1 Calif 43% STOCKS 47% —3 — Aircraft High 43% 10 (Un) (Un) Jan 24% Oil Socony Co 26% July 1% May 1 class lnc (F W) Jan 24 8 • „—.i—_20c Co Co Jun 37% (Un) Ry & Woolwortb Jan 37% Corp (Un). Smith-Corona-Marchant Inc Solar 50 22% (Un) Gas jun 37 3 .1 & 40 3/a 1 Inc Co 700 Wilson Apr 253/4 July 22 % 1.66% Co—— Co_: 41 55% —.—1.40 new Co & 20% (Un)__20g (Un)— Signal Oil Range Since Jan. 1 Low 24% Mar 1 Corp Sinclair Shares * Apr • (Un)__——5 Shell Transport & Trade Co Ltd Siegler Sales for Week Range of Prices Par Jun 18% Francisco Water Oil High 48% Servomechanisms Shell Low 400 3,800 Finance lnc High Week's Last Sale Price 523/4 Inc Roebuck Servel STOCKS Range Since Jan. 1 25% Sapphire Petroleums Ltd Schenley Industries (Un) Sears Friday Shares 23% Petroleum Stores Seaboard 24 52% . Louis-San JULY 24 Ryan Aeronautical Co Safeway ENDED Co—_—„ Oil Dutch WEEK 1 Aircraft Royal Range of Prices Low 10 FOR Sales for Week Co Richfield Oil Corp Rockwell-Standard Corp Rohr Par (Un) Manufacturing Ranch :'t' '' " Tobacco Week's Last 38% 38% 38% 85 8 1 —5 22% 3/a 22 9 22 55 % 52 Apr Feb 31 Jan 7 16 Apr 38% July 10% Mar Jan 29% 23% July Jan Corp 1 3% 3% 10 2 Brake 33 % 33% 172 32 Jan 38% Mar 89% 933/4 318 70 3/s Feb 98 % 93% 12.50 Li 520 3% Jun 7 Feb July CANADIAN MARKETS RANGE Montreal Stock Prices Shown Are Expressed Friday STOCKS Last Sale Price Par Abitlbi power & Paper 4%% preferred Agnew-Surpass Shoe Algoma Steel ; Aluminium common Corp Ltd Pulp pfd pfd for Week of Prices Shares Bell Telephone Bowater Corp 5% Range Since Jan. 1 High 37% 38% 3.645 22% 118 Low 34% May High 40 Feb 5% % • 25 preferred preferred —50 — 200 123/4 Jan 41% 5,112 353/4 Jan 18% July 42% July 16,134 26% May 37% July British 25 common 21% 21% 100 20% Jan 45 45 45% 325 42 % Jan 50 52 52 52% 1,640 a40 a40 6 • • Ltd ! • footnotes 39% 39% page 22 Feb 43/4 % cum 453/4 Feb 4% % 5% 40 May 43 Jan Jan 42 red pfd Range Since Jan. 1 High Low a48 a49 40 45 32 530 27 43 43% 46 43% 46 12,688 152 48% May May 39% Apr 423/4 May 47% Mar 49 49 170 6% 48% 7 602 6 Jan 48 49 165 47 Jun High 513/4 Feb 35 Feb 44 Feb 46% May 50% Feb 7 % July 49 % Mar .5% 5 5% 3,090 5 July 7% Apr 36% 36% 37% 3,756 35 Jun 44% Feb a88 a88 100 1 -50 27 843/4 Mar 89% ,Feb 42 49 50 42 65 40 Jan 43 Mar 47% 49 210 45 Mar 49 July 40 50 preferred 4% % preferred Shares Co— preferred Feb 40 75 Jan 41 Mar 18 Feb 38 ' 40% 815 Mar British Columbia Forest Products • 15% 15 15% 850 12% 89% 285 71 Jan 89% July British Columbia • 38% 37% 38% 1,530 35% Jan 40 47 47 % 125 46 Jan 48 Jan British Columbia 45 43 45 275 32% 25 40% Jan 473/8 May 31% 32% 3,295 27 36 Feb 1 14% 13% 14 % 12% Jun 14% Jan 26% 28% 1,057 24 % Jun 29% Feb Brown Company Bruck Mills Ltd 3.305 28 May A • 12% 821 : • a21 10 20 Jun 24 Feb 4,178 54 Apr 63% Mar common • Feb 623/4 July 32 % Power Telephone class Building Products 10 58% 57% 59% 62 % 60% 62 % 8,740 53 82% 79% 83 1,801 65% May 83 io 44. Electric 53 10 see Columbia 51% May 10 (Canada) Apr for Week 87 . __ 25 Bank of Nova Scotia Provinciale 17 24 Sales Range 31% 50 36% 17 "Feb 23 Week's of Prices Low — * 40% „ 50 Montreal Pw Range 50 preferred Eailey Selburn 5%% pfd Banque Canadian National Banque Par Eathurst Power & Paper class A Class- B ' • 35% 50 of Sales 41 50 Bank Last Sale Price 36 preferred Steels Friday STOCKS • $2.50 preferred Asbestos Corp Atlas 24 » Ltd Canadian $2.40 JULY Bowater Paper i -—£ Bowaters Mersey Paper 5%% pfd—50 Brazilian Traction Light & Power • British American Oil common • * Anglo Can Tel Co 4%% Argus ENDED in Canadian Dollars Week's 23 % 38 % WEEK Exchange Lew 25 Aluminum Co of Canada 4% 4 % % preferred Anglo * FOR 41 36% 41 3,525 33 41 Mar July July Calgary Power Preferred Canada 12% 125 35% 39 1,335 95 92% 95 345 100 • 33% 33% 34 20 23 28 28 283 100 — Cement 12 — common $1.30 preferred 100 Jan Jan 13% Jun 32% July 39 Jan 79 Jan 99% 10 99% Jan 103 May 1,277 31% Jun 37 Mar 26% Jan 28% 9 Jan Apr Jan 39 and Financial Chronicle The Commercial 40 (392) , . . Monday, July 27, 1959 T. CANADIAN MARKETS RANGE Friday STOCKS Last Foundries Iron Canada Par 5% preferred Canadian Bank of Commerce Canadian Breweries Preferred Canadian Class 57c preferred 33 1,040 48 375 40 127a 100 11 37% Mar Mar 127a Jan 30% Jun Jun 49% 13 May ^63% 66% 3,181 54 Jan 66% July 39% 39 33% 39% 3,808 35% Jan 42% May 35 35% Jan 42% 17 17% 1,245 a9.75 a9.75 5 Aluminum 39'% • __ • common a22 % a22 % 100 ...—; 90 90 Jun Ap-r 17% July 4.85 Apr 9.75 July ■22% Jun 75 Jun 11% 5 90 2 25%, Feb Celanese SI.75 $1.00 • series Canadian _ 23% 22% 23% 25 common series 31 31 31 al8 al8 al2% al3% 25 Chemical & Cellulose • al3% * 18 Canadian Cottons Canadian Fairbanks Morse common...* common Preferred Canadian Husky Canadian 1 Hydrocarbons Canadian Industries Canadian — 17% Apr 18 Jan 8% Jan 5 25 Jan 65 106 Mar 75 10% 17% 74% ,10 18% 18% 475 46% * _ _ _ _ Jan 15 14% ... Jan 12% July Feb 20 74% Apr 80 Jan 18 jun 24 Jan Jun 45% 451 47% Jan 14% Feb alO 50 28% 29% 2,016 27% Jan 28% 28% 4,772 27% Jun 307a May 31% Mar 13 13% 459 11% Mar 15% May 87a 8 % .10 • 8 % . 10 700 July 8 May Jan 15% ' Combined Corbys class 20% ——. • A— — — & Seal * Co_ Crown Zellerbach class A 22 % —3 14 15% 8,150 11 Jan 20 20% 4,869 19 Vb Apr 34 34 105 20 20 400 62% * ; .... 14 % • Mining & Smelting Glass Cork Crown • Enterprises Consolidated Consumers 62% 25 22% 22% 13% Placer .2 Company———_• Powell River 37% Power Corp of Canada Premium Iron .... Provincial .' Ores!— Seagrams .....V™-- 593 15% July Dominion 32% July 357a Mar 18% July 21 54% 62% July Feb Jan 21 Feb 24 % Mar • Bridge Dominion Dominion Dairies Foundries Steel Stores Dominion Du Pont of 7% 7o Dupuis Jan 23% 237a 3,678 50 13 13 13 74 1,325 49% 5072 4,770 87 85 74 87 175 20 72 May 24 % Feb 18 22 Feb May Feb 13 74 Jan 6 41% 51% July Mar 85 July 92 Feb 21 2074 21 450 227s 67 7a 71 2,080 66 Jun 9072 19% 19 19 74 9,647 14 7a Jah 117a 4,390 974 Jan 15 74 15 72 1,705 1474 Jun 26 27 74 1,435 1972 75 72 75 72 45 71 July 774 774 250 7 May ■ —.~T • 26% 50 • — — * A Natural Quebec Power< Roe V) (A Eddy — • Match Electrolux Enamel _ 1872 May Jan 12 2 St St Lawrence Cement Lawrence Corp common 5 7c preferred class 450 27 Jan 30 54 Jan 70 14 Jan 21 1072 10 72 1,300 5 Jan 375 375 300 Jan 3.75 July 22% I—Its a74% 22% 227a a71 a74% 1,048 185 15 14% 15 2,650 31% 31% 32% 785 10 5.50 5.50 6.00 1,010 Ltd common.. • Ltd 3972 810 50 9 1 49% ___________.1% Steel Wares 4074 10072 100 72 ... General Dynamics. General 39% 100 Motors.. __ • common Great Lakes Paper Co Ltd Renfrew Home Oil 1.30 22 July 25% May 50 % Feb 75% July 13% Jun 17 Mar 28 Vu May 35 "Feb 5.50 July 8.95 Jan 44 3774 Jan Jan 100 103 Jan 9 100 49 50% 1,195 49 July 63 53 72 440 44 Mar 5474 July 17 450 44 4474 2,270 774 Feb Jan 11 35 % May 974 Jun Jan 197» Jun 44% July 16% 16% 500 16 Jun 20 Apr • 15% 16% Jun 21 Jan Jun 20% $1.40 preferred 15% 2,553 13% 45 46 2,802 39% Apr 46% Mar 53 52% 53 1,102 51% Jun 64 10 75% • Acceptance Corp 39 5 com common 73% 75% 1,168 6.75 7.10 2,255 11 440 a23 25 Imperial Tobacco of Canada a 10% 7.10 • ; Imperial Oil Ltd Indus al4% 45% • Imperial Bank Rights ; Imperial Investment class A 4,850 al5 • common Mining.. 15 • Paper a23 50 39 40% 4,399 63% Jan 6.05 Jun 79% May 7.15 May 10% May 21% Jan 12% Jan 23 Feb 38 '/a Jun 46% Jan 13% 13 13% 2,855 12% Apr 14% Feb 40 41% 3,100 35% Jun 41 % July '• 15 15 16% 940 10 21% 22% 659 * 19 19 50 25 24% 24% 100 97% 100% 3,848 com preferred . International Nickel of Canada com..* International Paper common International Petroleum Co Ltd International Utilities Corp 11% May Public Service Ltd Limited (John) Labatt Loeb Lower (M) 99% Jan 12% Apr 24 16% July 121% Mar a32 15 32 July 37% 43% Jun 1,445 28% Mar 37% July 5 53% 53 54 5,180 __io 48% Mar 55 15 % 14% 15 % 1,875 12 16 Jan Jan May • common • Power Massey-Ferguson 5 % % Class (Robt) • common preferred preferred Mitchell • ... 25 1,325 20 Jan 27% Jun 28% Mar 28 29% 1,000 10% 13 2,250 Jun 14% May 32 32% 175 27% Jan 38 41% 41 43 1,306 36% Jan 15% 15% 15% 11,042 130 130 20 107 110 110% 100 class A • B • • Preferred . Trust ~ • Mar 10% 45 % July Jan 16% 149% 117 105 Jun 112% Jun 11% 370 9 May 12% 3.50 220 28% 809 22% Jan 29% Jun 694 22% Jan 29 40% 41 290 40 % Jan 43 19 19% May 1,080 17% Jan 49 49 20 % May 210 46 Jan 51 33% 33% 100 27 Jan 38 % May 19 2.50 Feb Mar —- al6 al6 50 15 al6 75 15 Vb Mar 17% 17% Jan 17% May 17% Apr 1,015 16 Jan 19 Feb al3 al3 25 13 July 15 13 13 May 204 13 52% Noranda Mines Ltd — For footnotes • 100 see page 44. 15 July 16 % May tO 98 Jan July 17% Jan 19% Mar 100 May 50 40% 40% 397 40 Jan 43 Jan 85 45 Jan 52% Feb 46% Jan 52% Feb Series Series 47c A B — 40% _* a48% , Williams Southam ; pfd 50 4 % 7c pfd_.______—.—50 7% preferred Simpsons Co Canada of com 100 135 38% * .....— 74 : —— Canada Standard Structural Power 46% 47%".' a47% a48% — —• .....J.— ... Southern 16% Mar 35 Jun 32% Jun 30 152 132 1,110 Jan 32 % Jan 367a Jan 139 % Mar Jan 39% July 74 1 75 825 65 Jan 81 60 430 56 Jan 60% 15 89 ———* Steinbergs class A .. 12% May 29 % 60 18 * —; v 135 ; 135 38% 39% —.2..* Steel Steel Co of Canada Texaco Canada Ltd 18 11,865 10 Feb 18 68% Jan 90% July 23 Va Jan 35% 39%! 29 2,803 30% 88% 30 • 2,730 May Jun July Jun Walker Webb Gooderham * preferred * Jan 75 Mar 1,800 51 Mar 68 July 4,975 25 Mar 31 Jan 10% Jan 13 Mar . 74 265 — , 39 39 25 . 39% July 33 Mar 3.50 Feb 4.10 Apr 34 Jan 44 % Apr 34% 150 Jan 44 Apr a92 a92 5 88 Jan 92 Jan al06 al06 5 105 Feb 107 Feb 36% 36% 100 .. * common..— 1,145 3.75 39% 2,050 39 .100 ; 39%. 3.65 39 —_—.100 s 38% 3.75" • Limited 64 68 29% 11% 39% —..—* preferred Zellers. — ____1 B 67c • . Worts & Knapp (Canada) Ltd Weston (Geo) class A— 4%% 28%** . & Class 325 64 27% 11% 67 ...—_—?'■ Pipeline... United Steel Corp 72% 73. 10 Bank Toronto-Dominion Trans Canada . Canadian Stock • Shown Are Expressed 35 % May 40% May 51% 53 4,150 50 16 11% 16% 2,093 11 % 507a — — Exchange Last Par Pulp & Anglo-Nfld Development Bros Ltd Beatty Belding-Corticelli 17c Blue Bonnets Ltd Co 40c 46c Low 55c 28,000 43 7% 7% * 874 Jan 55 3772 Jan 46 7,424 674 Jan 872 July 12% May 9 V2 . 9% 100 7 Jan 100 11 Jan 15 805 Apr 1174 2.50 330 20% 100 19 14 10% 10% 20% 100 pfd 127a 2.50 , 14 200 12% 87a 2.50 July * Burlington Steel Co Ltd. 3 Co Ltd __ 14 _ Apr Apr Mar 1072 . ' & High 1.00 40C 12 72 —.— . . Raceway Inc.—-.— Warrants Range Since Jan. 1 High 43 —5 .... Shares » Mills Ltd. Paper for Week Low * Sales Range of Prices Sale Price Abltca Lumber & Timber in Canadian Dollars Week's Friday STOCKS Canada & Canadian Canadian * Dominion Sugar Co Ltd... Dredge & Dock Co Ltd new._* Food Prod Ltd 4% pfd... II Canadian General Canadian Crain Investments Marconi Canadian Power Paper Inv - 1,630 491 57 25 57 CO CO July Apr 2.75 July 2274 July Jun 14 May 27 July 38 74 20% July 200 387t Jan 21% July Jun 33 72 57 Jan 52 41 July Jun 7 300 a7% a7% 450 42 74 43 3,004 % 46% 1,013 3772 May 347a Jan 463 a23 a77a a23 50 13% Jan 23 July 1574 Jun 30 Jan 40 Apr 47 Jan Jan 5 6% Jan 8% Mar 8 Apr " * 427a ... 10 common 46 44 * (R L) 18 7 Ltd...._* Corp Ltd 1972 2174 57 w— "l __ Paper 19% 20% ' * Ltd... Co & Gas Ltd — Dominion Engineering Works Ltd. Dominion Oilcloth & Linoleum Co Ltd Feralco Fleet Industries 21 21 1,055 42 7z 43% 680 1.00 a A. Ltd 19% 43% • Feb 45 4 July 500 1.10 10,500 180 72 181 295 108 Jan 190 Jun 26 26 26 25 18 Feb 26 May 2.50 2.40 2.50 19 19 , _ • Horner * Ltd Inland (Frank Chemicals W') Canada International Paints 67c class cumulative A Ltd.... class 20 * <1 Jan 1.50 July Apr Ltd Jun 2.50 July 23 % Jan Jun 11% July 2.00 40V4 Apr Feb July 8 72 8 72 100 20 31 610 31 3072 3174 635 30% Jun 42 Feb 28% * (Walter 29 100 2872 Feb 33 Jan 9 Apr ' ~ * M) 19 30 ♦ cl A. com 157 ' — Co B Ltd Co 65c (Canada) Ltd— preferred Kelly Douglas class A_ Lowney 750 • 1.00 July 1.35 1.00 80c 1807a • Manufacturing Ltd Ford Motor Co of Canada class A Melchers 6 7c . Distilleries Ltd * common preferred Minnesota & Paper Co Royal Rice Mills 8% 30 Quebec Northwest Orange * Power Atlantic Corp 4%% 6% of non 3,085 Premier Co Ltd * » Jan 15% Apr 58 July Feb Mar 16% July 52 95 40 Feb 140 140 53% July 95 132 Jan 144% Mar 25 25 75 22 Apr 26% Jan 157s Jun 3672 Mar 3774 Jun 46 July Mar Invest Co Feb 9 26 Jan 13 July 190 467a Jan 5172 2 2572 Jan 28 205 50 5172 100 ! * a26 a26 ! 16 74 16 72 205 772 97a 1,000 3.60 3.60 95 43 43 47 ,180 80 80 700 87a 7% 9 3,830 32 3374 |/— 1 Jan Feb 25 12 7 7a Feb May Apr 1672 July 4.40 Mar 9% July 11 3.25 May 4.00 Apr i 1st preferred 50 cumulative partic 2nd pfd_50 Ltd 43 4 * 4072 Jan 45 72 Jan 8074 July 4.50 Jan 9 Apr July i 1 Quebec Telephone Corp common St Industries Maurice Gas Ltd pfd 1074 Jan 12 72 1.25 1.30 2,200 85c 237a 24 1,032 18 Jan 26 Apr 125 % 125 % 27 125 Mar 131 Jan 1.30 • ■ 387a — 10 preferred series A Principal Ltd cl A Hotel Ltd (L E) Mar Jun 72 3872 37 •' : 13% )l974 * Properties Waterman Pen Co Ltd •: 37 1 37 25 37 July 29 125 20 Jan 13% 13% 2,015 * 1,150 3672 Apr 3872 July 14 Jun 1.30 July 44 3872 29 Jan Apr May * * 50 cum ' * 28 72 ♦ Invest _. 100 Corp Fund Corporations class B Windsor 700 12% t • Trans Mountain Oil Pipe Line Co___. Union Gas of Canada Ltd common.. United 14- Jan 37% 1 Inc B Fuel Feb - 27 74 12% 37 * : Traders Finance Corp class A Trans-Canada 572% 3374 July 117a 22 12 37% • Shop & Save (1957) Ltd Class Jan 750 805 1,330 12% Reitmans (Canada) Ltd Russell - 32 5 Warrants United 507a Apr 31 8 774 a22 12 Canada— Steel Mills 9 1472 July 22 72 May 774 a22 / * 50 ♦ _ cumulative 46 35 12 _ Ltd Candn 40% i * _ — Ltd 200 h- * Ltd Power Industries Crush 10 33 ' Newfoundland Light & Power Co Ltd.10 Northern 9 1472 33 ( ; » Ltd. Canada 9 1472 33 46 5 Corp Ltd new Mount Royal Dairies Ltd Mount /- 9 14% 10 Ontario Moore United common .',935 2,115 yJ 4.10 Mar 13 Products 15 18% Jan 93 195 Jun 17% Steel 15 17% Feb al6 preferred Jan 12,729 Feb 27% 3.50 « 7 7c 75 % al4 Southern Canada Power 6% 5 Ontario 4,042 July 33% Jun Jan 27% • common 93 Jan 43 13% 31% Pacific 28% Preferred Ogilvie Flour Mills 87% ay May 28% 27% 5 common 30 11 ~40 Montreal Locomotive 10 11 • Morgan & Co 23 29 "lOO Molson Breweries Ltd class A Class B Montreal 25 * MacMillan & Bloedel class B 4 % % . 13 Lawrence 22% Jan 9% Mar 24% May 100% July 108 35 Jun Jan 903 36% 19 Jun 121 a32 5 22 % July Mar 83% 119% * Ltd St Jun 38 33% Mussens Jamaica 16 307 4,662 29% Common 17% 7.50 Interprovincial Pipe Lines Iroquois Glass preferred 2.092 11 &13% Loblaw Groceterias 67c 19 41% Feb Jan Mar 40 % • Warrants Inland Cement preferred.. International Bronze Powders Jun 7 31% Consumers 100 r. Class B Howard Smith Hudson Bay Jan 14% 4672 May 53 17 • common class A 50% Feb al3% Consolidated Holt Jun Jun 13 * Burns Gatlneau Power common Bakeries 4% 41% 163 Shawinigan Water & Power common—• Class A 3 ——* 1072 July 375 • General 1,000 1,300 al5 15 Apr • General 5% 44% 100 Salada-Shitriff-Horsey common Apr 315 1072 • preferred 69% Mar 17% . Apr 25 20 Fraser Cos 5% Feb Jan al5 - 91% * A — Jan 63 • preferred Apr 43 18% 40% 10% 18% —10 Apr 30 Foundation Co of Canada Petroleum 61% Apr Jun 5% a ...—* 41 common.—10% Royal Bank of Canada Anglo-Can French 155 874 Mar 20 • Heating Prod class A Famous Players Canadian Corp Ford Motor Co 35% Feb 12% Feb 80 63 1 B -955 36% 36% u Mar 19 2872 2974 —— _ Corp & Class 2974 * __i common Jan 43% al5 Gas (Canada) Prices Eddy Paper 10 Va 19% July 1074 -3% class 525 Feb 11 VB (1956) 12 37% 65% \18% Jan Jan 69% • common Canada Freres Jan 13% • _ preferred 34% 9.50 July 50% common Ltd 31% Mar 600 • Ltd Textile Bros com— • Tar & Chemical Dominion Donohue & Steel Coal & 1,304 • Glass common Dominion 34 9 72 • common Dominion Dominion Dominion 237a • Corsets 3374 al77. al7% 2.50 Feb Jun Feb 227a 9 72 33% —a Petroleum 30% 65 43% . Distillers 28% Jun 175 36 '*%• 5% » common v Dome •' .20c —* 1 Transport 12% 1,763 12 __ Price Bros & Co Ltd common 3.710 34 34* 34 % —...1 Development Sherwin 29% I25 Petrofina Ltd preferred i. 46% Feb 7% 635 1,495 28% • Pacific Railway Canadian J) " ■ Mar alO _ Oil Companies common 45% 13 33% — July 108% July Jun 10 400 11% 17 74% __ 18 36 Feb 9% 18 a33 10% 33% 33% • 1 High 13% July 11% I—50 (B 20 2,780 11% Canadian Coghlin 1Q0 Jan 17% _• Preferred Locomotive Apr 32% 18 —74% .... International Power.; Canadian 23 % * Preferred Canadian Jan Jan • common™, 1 common Quebec 18% 29% 108% 108 7a __ Pacific Low Mar 90 3,585 a33 100 . Petroleums Page-Hersey Tubes ...—...—...——-• Penmans Range Since Jan. High ... I Canadian Shares Low Par High Low 65 Vz 28 Sale Price Range Since Jan. 1 47% warrants Bronze Shares High • . British (Canadian of Prices 31'/a 127a for Week Last • • f Sales Week's Range of Prices Friday STOCKS __lp common : A 31% • 12.50 — 24 JULY ENDED for Week Low 10 common Canada Steamship common WEEK FOR Sales Range Sale Price ; Week's pfd. 50 157a Apr 19 197s 15 74 Jan '52 7a 52 7z 52 72 100 517a Jan 53 26% 26 2674 450 21 Jun 58 % 58 72 50 2674 July 58 72 July 3.25 3.60 24,710 5 72 5% 1.681 a70 a70 22 ' S $ —_ • 1074 Mar *5% ❖ X — * 700 57 July 3.25 July 5% 52 197a July July 3.75 July Jun 8 Mar Jan 70 May 190' Number 5867 V Volume The Commercial and Financial Chronicle . . (393) 41 CANADIAN MARKETS r Friday STOCKS Last Sale Price Par Mining and Oil Alscope Atlas Mines Sulphur Augustus Range Shares Low 17c — Ltd. Co 17c 3.000 "15c July 472c 472c 5,500 4c Jan 13c 42,000 4c Apr fc13c 44c 102,236 35c Jun 7'85c 42,100 9c Feb 1 600 Baker 1 20c 20c 21c 5,500 6v2c 6 Vic 2,500 Beauce Ltd ; Ltd 1 : , Bay Mining Co Lake Placer Belle-Chibougamau Oil Hill C'alalta Mines' Ltd Collieries Canadian Canalask Nickel Canuba 4c July 10c Feb 84c 85c 5,000 84c July 85c July 54c 50c 54c 11,100 84c Feb 6c 4,000 5Vic May 13c Mar 40c 1,500 38c 85c Apr Oils 8c 20c 34c 22,500 37c • 7c 63,333 8c 20c 37,000 21c ^ 70c 3,000 500 4c 5c 3,000 7.25 5c 70c 7.50 300 40 Vic 3 97. Jan 42c July 25Vic 10c __ Mines Ltd Jun 10Vic 15c Jan Jan 5Vic 42c Mar 70c 4c May July 1.15 July 7.05 7c ; Jan Jun 10Vi Mar 9 Vi 5,680 5Vi Jan 4.40 450 4.30 July 1.12 1.12 1.20 5c 6 Vi c 2,000 3c Jun 10c Mar 24 % 24 Vi 25 20,095 13c Feb 27c Jun 5c July 14c Par 29c May Jan 65c Jun Jan 12 Feb Mines Abitibi Power Quebec Asbestos 1.12 July 6c 5c 6 Vic ..18,300 l 13 Vic 13 Vie 17c 5,500 —1 45c 40c 45c 30,500 11 11V4 925 7.00 7.50 3,400 5c 5c 3,500 4Vic Apr 5,500 15l/2C July Exploration Ltd-. Central-Del Rio Central Ltd Corn Oils Manitoba * __ Ltd 7.05 Ltd Mines Chiboug Copper Corp Ltd Acadia 1 5c; 1 Class Acme 16c Agnico Gas Cons lOVic 9 Vi July 6.05 1.85 Jan Jan 15 Vi c 17c 21c 9.75 6.10 Jun 9.15 Jan 9Vic Jan 4 % % Consol ~8c Jan 21c Mar - al2c 1 al2c 8c American 7,000 7i 950 11 16V4 July Anchor 500 7Vic Feb 11c Apr Anglo 6c Jan 17c Mar 250 15% Apr 21 Vi May 1.90 100 1.80 Jun 2.75 Mar 1.54 500 1.07 Jan 1.96 Jan 1st 8c 2,000 8c Mar lOVic Jan Arcadia 13c 15c 4,500 12c Ltd—____1 143a Monpas Mines Ltd——1 10c 9 Vic 10c 5,500 18 18 1 1.90 1 1.54 __1 8c 1 10c * 14 6c Mar Ltd 1 Falconbridge Nickel Mines Ltd Fontana Mines (1945) Fundy Bay Copper * Ltd— Mines 1 Ltd— 1 Gaspe Oil Ventures Ltd Golden Age Mines , July 22c 29 30V4 625 24 Vi May 32 Vic 4 ViC 4 ViC 2,500 4c Jan 13 Vic 13c 16c 45,300 5c Jan 30 V4 4 1 9 Vic 8c 9 Vic * :___ Ltd— 14,452 50c Mar 78c 3,200 68c Jan 44c 1,020 42c Apr 75c July Jan 1.02 53C Jan 15C Jan 9c 6,200 3.15 3.25 16,260 2.55 Jun 3.60 1.50 1.60 2,400 1.05 Jun 1.85 May 2.50 2.75 10,835 2.00 Jan 27% 29% 14,271 21% Jan 45c 50c 1,775 43c Jan 61c Mar * — ■ 50c 8c Mar Feb Feb 2.80 29% July 15% 15 15% 2,455 13% Jun 17 Mar —10 _ 20 19% 20 3,700 19 Jun 24 Mar 50 67 66 115 63 Jun 71% Mar 8.25 k67 8?50 452 7 41 40% 1 __ — — Pete 52c 48c 55c 12c 12c Gui-Por Uranium Mines & Metals Ltd.l May 2,800 V 4C jan 12c May 9,700 46c Mar 80c Jan Jan 21c May 500 5Vic Jan 42% July 31c Jan 65C 3.35 3.40 1,700 36% 20,092 34% 26% May 37 % 21% 21% 21% 290 21 Feb 22 45 45 45% 730 43 Jan 45% 36c 28 %c 42c 39,200 24c Jan 45c Mar IOV2C IOV2C 2,075 10c Jun 18C Feb 12c 14 %C 29,532 10c — 14c 1 _ __ _ July 1,500 63c July 91c Jan 80c 9,833 63c Jun 91c Jan - 8% 8% 8% 400 6 Jan 12% May 4.75 4.75 700 2.95 Mar 13 %c 15 %c 30,000 13 %c July 13 %c „ 1 8.45 700 51 52 % 495 50% 12 330 12 24c 51 * , 8.25 12 ' Paper pfd __50 .____ Jan 25c 12c 70c 4 75 _ Feb 70c . 4.75 — — ____ Exploration Feb 70c ; 20c 1c July 71c 50c & Apr 5.15 May 36 % Controis _ 3.25 July 25 — 1 _ Anglo Canadian Pulp Anglo Huronian Anglo Rouyn Mines 24c 2,000 8.25 July 7.00 May Feb 10% Jan Feb 53 Apr July 24c Apr 24c 14 Feb Mar 45c 36 %c 36c 40c 119,770 * — 44 44 310 36 Jan 45 Jan 98 98 98 5 90 May 100 Mar 1 __ 100 18c 15c 18c 5,600 14c — Mines Anthes 3.40 4c 4c 500 2c May July 1 _ Imperial common. preferred class B_. Nickel t Jun 33c Jan 52c 23c Jan 10c Apr Apr Mar 7 Vic Mar 22c 35% 1,300 1 pfd— _° Petroleums Apr 7,385 36c „50 4 % Nepheline _ 10% 41% * Mines May 36c * Warrants Mines 73c 76c 28% 5 Canada Arcan 206,450 1-00 96c 1.04 4,850 96c Jun * 50 39 Vi 39 Vi 40 Vi 1,710 32 Jan 89 89 Vi 420 69 Jan 93 Mar 47Vi 43 400 45 May 48 Feb 19c * _ — Argus Corp common $2.40 preferred $2.50 7 Vi 1 Corporation Area Mines — . preferred — 87Vi 50 Arjon Gold Mines.—— Asamera Oil — — 40c — 1.32 1-75 11 Vic 12Vic 1.25 10,500 1.39 7,300 1.50 Jan 8% Jun 1.50 Mar 42% Mar July 2.09 Apr Feb 13 Vi Mar 15% Apr 11c Jun 1.25 ' Ashdown Haitian Copper Corp Ltd Hollinger Consol Gold Mines 1 : Ltd 5 5c 33 Vi 4 Vic 5c 16,500 32 Vi 33% 1,425 4c Jan 30 Vi July 10c Feb Ash Atlantic Gold Lead & * common Min Labrador & Explor 5%c 2,000 5 Vic July 10c Jan Atlas 14c 4,000 13c July 26c Feb Atlas YellOwknife Atlin-Ruffner 1 20% Ltd——1 6 Vic Mining 425 4c 4c 3,500 1.25 1.25 1,000 87 ——_5 Mining Mylamaque Santiago 1.19 Aunor 4c July 7c Jan 1.20 7,300 99c Jan a40c 500 35c July 14V4 100 11c 11c 1.05 1.10 16c 16c lie (1945) Okalta Oils 85c Jan 13c Jan May 1.75 Mar 30c Apr 9,800 58c Mar 1.24 Apr 12,500 7c Jan 36Vic Apr 1 1 1.92 1.99 3,500 75c 6c 5 Vic 4c 4c 4,000 4c July 83c 83c 85c 18,000 46c Jan 6c Jan 85c 4,865 6c 28,500 lie 12c 2,500 3.25 3.30 500 Corp—: 9 Vic 1 Ltd.: 1 1.38 July 85c * Ltd— 1.90 9 Vic 1,000 1.85 1.94 39,925 74c Jun 5Vic Jun 3.25 July Jan 9c Jan 28c Apr Apr 4.50 Mar 1.95 May lie 12c 3,000 9c July 75c 700 72c Jun 31c 29c 39c 413,800 9c 1.15 16c Apr 75c 13Vic Jun 8.00 7.90 8.00 775 1 75c 69c 75c 3,500 69c July 1 59c 59c 63c 63,700 40c Feb 2 Ltd 1.34 Mar 45c 1 38c 34c 38c Mines (Quebec) Ltd_l 2.50 Jan 9Vic Jun ——90c Mines 24c 69c —,_1 Ltd— Copper Feb 300 2,000 Jan 16% Mar 17c Ltd Asbestos Uranium 1,500 10c 1.85 Mar 55c 61c Opemisca Explorers Ltd—_——_ 1 Opemiska Jan 16c 20c North American Rare Metals Obalski 13% May 65c Ltd— Corp Uranium Mines Mining Ltd Corp Oil Ltd 472% Gas & Permo 7.90 July 25c Jun 1.20 1.20 500 1 6c 6 Vic 1,000 6c Jun _1 70 c 72c 1,600 65c Jun 5c Prime Warrants 8,600 1 pfd Mines Ltd i Portage Island (Chib) Mines Ltd Porcupine Auto Gold 5c 5,500 4c ————_—.__ 1.20 July Jun Gas Producers Ltd Goldf\elds Chibougamau Quebec 20c 1.32 39c Feb Quebec Smelting & Refining Rights Quemont Mining Corp Ltd —— Crest Banff St Lawrence River Dufault Bankeno of Sullivan Mines Tib Exploration United Valor Asbestos Oils Bathurst Class 70c 64c 1.65 12c 1.24 50c Power B Beattie Jan Jun July Belcher Bell Bethlehem Apr Bibis Jan Jan Black Feb Bonville Mar 5c 5 Vic 18,500 4c Feb 9c May 21c 20 Vic 22c II,200 19c July 35c Mar Vic 10,000 Vic July Vic July 11% 200 11 Vi July 14% Mar 5c 500 4c Jan 7.25 Mar 9c 5.05 4.85 5.05 7,585 3.20 Ltd— 3.20 100 11c 14%c 12 Vi 12 Vi 12% 15,000 1,600 3.25 Feb 3.10 May Mar 5.05 July 4.50 2.05 700 15c 31,000 17c 127zc 2.05 13 Vic 19c 2,500 12 Vic 15c 2,500 78c 72c 78c 61,760 4 Vic 4 Vic 5c 6,750 Ltd— 4.65 4.65 200 2.20 Ltd. 4 Vic Mines 4C Ltd_ * Westville Mines Ltd For footnotes 22c l see page 44. - Bralorne _ Brazilian Traction Bridge Tank 4,500 21 Vic Apr 16c Feb 3.15 July 34 Vi July Jan 8c 65% 1.40 60c Jan Jan Jan 6c Jan 15c Jun 11% Jun 157a __ — — British Columbia Feb Apr Mar Apr 5,900 15c Jun 26c Jan 14c Jan 25c May 6c Jan 9%c 25,800 60c Jun 49 49 75 52 Feb 31% 31% 135 26 Vi Jan 32% Apr 20c 21c 3,816— 18c Jun 36c Mar Jan 13% May 45 May ■ 1 21c 9 9 a 1,485 17 %c 21c 4,500 26'% 27 882 91c 95c 4,960 43% 1.25 95c 11c 9 V 6% 16c Mar 25% Mar 20c 12 c 20c 25c 30 1.32 Jan 17,183 39% Apr 44 % Feb 18,250 90c Jan 2.05 May 26c 21c 28,942 16c 115,200 9c Jun 62c 8,700 51c Jun 1.08 21c 78,500 12c Jan 22c 12c 12 %c 7,000 10c Mar 30c . Jan Jun 10c 17c Jun 86c 60c 14Vic Mar 1 5c 5c 6c 8,000 5c Jun 1 6%c 6c 8c 8,000 6c July __ 51c 53c 14,400 49c Jun May 27 %c Mar Jan Mar Apr 8Vic Feb 10c Jan 79c Mar 7% July 7 230 48 49 235 ___50 49% 49% 49 % 25 1 8%c 8c 8%c 6,200 7 Vic Jun 1 6.80 6.75 6.85 1,310 6.75 Jun 5'/a 5% 5'% 12,843 22 % 2274 150 20% July 25 Jan 150 47 48 May 7 1 — 50 * _ July 25,900 20c _ - 1.94 82c • _ common _ 47 50 _ 47 6 Jan 47% May 56% Feb 47 49 Vi Apr 5 2.13 May July July 15Vic Mar 8.40 Feb 7% Apr —__ Oil _ 3.30 Mar 1 2.15 2.13 2.20 3,400 * _ American 83 82c 17,700 9c 1.10 _ Feb 16 c 6c 1.15 _ Feb 10c 15c 43 _ 25c 62% July July 1 _ Jan 21c 23 %c 1 _ 2.00 23c * — Feb Feb 77c 21c 1 Jan 25% 72c 43% — 10% 24 73c 1 _— Preferred 367a 367a 37% 11,962 35 Jun 44% Feb 42% 42 72 185 40 July 42 Vi July July Electric— preferred 4%% preferred 5% preferred 5%% preferred ■ _ _ _ 50 May 89 88% 89 73 85 Mar 91 48 100 1 47% 48 310 45 Mar 48 Jun 51 51 240 49% Apr 52 May 15% 4,006 12% Feb Jan 2.00 Jan 2.85 Mar British Columbia Forest Columbia Packers Class Products—._• Jun 25c Feb 16c July 25c Feb British Columbia 10c July 36c Feb British Columbia Telephone 60c Mar 94c Feb Broulan 4Vic July 9c Jan Brown Jun Reef Jan Brunhurst 17 17 700 14% Feb 18 Apr 17 17% 1,400 14% Feb 18 May 37% 38% 3,023 35% Jan 40 % Mar 43 % Jan 47% May Mining Buffadison 29C 5.500 16c Jan 30c Mar Buffalo 2,000 15c Jan 29c Mar Buffalo 3,100 21c Jan 34c Mar Bunker 132,500 3c Jan 5c Apr 1,260 52c 51c 54c 12,100 1 14% 13 Vi 14% 1,183 11% Jun ♦ 4.50 4.50 4.50 200 2.20 Jan 5.00 July 5c 5c 5c Jan 8%c Mar 45 % 93c Jan 12c Feb Burrard 2,250 12c 13c 26,500 1 1.63 1.62 1.75 1,100 -1 Ankerite < Lake 6c 6c 6c 12,500 60s 2.60 11c 1.30 6c Dock 7 Vic 8c 3,000 7c 20% 19% 20 Vi 1,387 16% * Dry 2,440 7 Vic •-* Extension class A 14 * 37% 35 % 13 14 2,575 7 7% 475 Peb July May Jan July 32% July 39 • * Products Hill Burns Jun 2.80 12c 2.62 Smelting Burlington Mar 7,500 2.60 1 & Gold Red 40 45% 1 Mines Brunswick Feb 6Vic Feb 15 17 17% 25 Mines Company Bruck Mills class B— Apr 75c 18 15% * 38 A Power 4.35 — * class B 12 Vic 6.90 1.000 Feb 5,014 — Britalta Petroleum 2.62 20,000 July Jan 12,320 50C common 9 Vic 85c 1.25 Jun 83 25 - Jun 9Vic Jun Jun 8c 62 c 1 7.35 19% 19% July 15c 1.58 1 ,___. Pioneer July 7Vic 29 Vi Mar Jun 52% 79 __ pfd. 5%% pfd 1.98 85c 8c 4c 3,000 60c 1 __ 4 Vic 22c 2,513 1.48 0 5%% 9,600 4Vic Feb 8,418 1.48 * _ _ Mersey 4.600 21c 20c 81% . ' —-. Ltd 2.28 3Vic 18% 8 %0 1 • Boymar Gold Mines Building Ltd Jan 62% 60 J/2 * — 4Vic '6V2C Virginia Mining Corp 20c 8 %c * Mines Gold 16c 16 Vic 1 20c 62% 10 _ Mines Bordulac Mines 5 Vic 5c 370 7,820 .— Uranium Bay Jan I ■ 7,225 20 1,60 __ __— Bidcop Mines Ltd— Feb 1 Vic 7.75 1.38 — 300 11V4 7.50 1.45 1 Mines Uranium 4.70 Vic 6,500 60 __ __ Mines Yukon 4.50 117. 5c 21 1 _ _ Bicroft 4.70 * 5c Jun July 2.65 Apr 1 :— 400 1,900 10 Conper Corp— 1,000 , 34 Vi 19% 1 — 21c Feb 10c 30 Jun 12Vic 21,000 21 _. Paper class A Telephone 21c 47c 7.55 * Corp Paper 4.15 21,000 21 Ltd & Mining Corp 21c 15c « Bowaters —1 — 25 Mines.. Lodge Bowater July July 32 15 10c llVic 3.05 3.10 25 __ Beatty Bros Beaver Jan 1.60 1 _ _____ ♦ Duquesne 2.30 Corp Co 13Vic lOVic 3.10 Mines. ___ 2,904 27C Oil 15c 1 1 _ _ Petroleums Bata 1.69 1.64 Vanguard Explorations Ltd. Westburne Feb Ltd Base Metals Mining Uranium Mines 1.63 Ltd— Weedon Pyrite & Copper Corp Wendell Mineral Products Ltd 8c Baska Jan Ltd Mines Feb Basco Oil & Gas— Mar ,_ Ltd Lithium 5c —; 3.30 Ltd Corn Feb 5c . Exploration 74c Trebor Mines Ltd.— United 23c 5c __ Mines 2.55 Mar Ltd Titan Petroleum July Bank of Nova Scotia Barnat Barymin 37c Ltd Ltd— 11c 5c 6,000 1,600 _1 British Tazin 14c —* Consolidated 3,500 Mines Ltd- Mines Cons Lake Mines 13c Montreal 1,200 Steep Rock Iron Mines Ltd Tache Jan — _. Mines Bankfield Bank 40c « Mines Mines 15c 1 50c 2.85 Mines Sherritt-Gordon May — 4%% South 8c Oils 38c —_— Gold 24 7a 5,000 ;_; preferred preferred 2nd British Red 3,410 8 Vic - series 1st 2.74 1 17% July 500 28Vi Beaver Lumber Co common 12 Vi Mar 1.88 5% 5%% Ltd—1 Quebec Cobalt & Exploration Ltd Quebec Copper Corp Ltd Quebec Lithium Corp :_ Quebec Oil Development Ltd Jan 17 Vi Bailey Selburn Oil & Gas class A Bouzan Jun 8% July 8c common _* —. 7% May Jan 26% Mines Electric Jan 5% 1 - Mines— Gold 4.95 — — Bowater Provo 17 Vi 28 Aumacho River Mines Bevcon Paudash Lake Pennbec 17 Vi 100 1,200 2.05 Mar 95 17c Ltd Ltd American Jan Apr 1.15 _— Mines Mining 1.07 81 Vi 14V4 Mines Ltd. 50c Oit& Minerals Ltd * Mines 200 1 Explorations Amulet West 87 Vi a35c New Spring Coulee Orchan 30% Mar —_1 New Pacific Coal & Oils Ltd North Feb Jan Mines Mines Aumaque 26 1 Ltd Ltd Co Formaque Mines Ltd Normetal Aubelle 1 .1 Montgary Explorations Ltd— Nocana 6c 21 Vi July 10c Feb Apr 1 Canada of Mogador Mines Ltd-. Molybdenite Corp of Canada New 18 Vi —* Ltd—. New 3,000 28 Vi 1 Ltd Ltd—— New 7c 271 5 Corp Ltd Mining New 200 1 Mid-Chibougamau Mines Corp 7 8Vi V 15 —._.—-1 Mines- Avillabona Mines Maritimes Monpre 21 Va 1 Lingside Copper Mining Co Ltd Mclntyre-Porcupine" Mines Merrill Island Mining Ltd 8 Steels 13c Ltd— Co 7 8V2 . ■ 1 5Vic Ltd— Mines 7 * * 1 __ Mines Zinc 14% common.., Acceptance Ltd——1 Ceramic Mining Kerr-Addison Kontiki Ltd.. Mines International 14Vi B_______—10 Preferred Lake Indian 14Vi ._20 Temple 35 Vi Mar class Hardware • 3.80 Mar 18% July 3.20 * Oils American Ansil Metal Jan Jun ~ Warrants 3c Denison Fab 27c 8c — __ of Lead 10c Consolidated Consolidated Inc_„__ 68c 13 %C May Jan 2.70 12% 43c * Leduc Analogue Minerals 70c 78c Minerals—— Co American Jan & 1,108 Jun Feb ' preferred Amalgamated Larder Mines Amalgamated Rare Earth 18c Oil 2,650 1 . July Empire 2.85 18% Ltd Aluminum 8c __ 2.70 * 100 ; Feb 17c July 45c 8.25 _ Anacon Ltd 22 18% ■ .. .1 _ Alminex Feb Mines 19% July 6%c Apr Jun 1.55 _ Roxana Jun Ltd— 405 5,500 Algoma Steel Allied Mar Mines 20 23,200 Warrants 22c Sullivan Mar 17c 50c common 12c Elder 12 lie _ common Central Preferred 23c East 10% July 19% .—1 Algom Uranium Jan Ltd Jun 75 17c Gold Algoma July Mines 24 10c Trunk Pac 6c Dome Jun 20 ' Alberta 12c Ltd_ 23% 170 _ Alberta 14,000 Mines 400 24c 2.75 53,500 Dolsan 23%10% 10% 2.75 Warrants 8c a May 40 11c Alba Explorations Alberta Distillers common 16c Mines 34 7a 10% * _ Yellowknife 6c Ltd 3,040 * Ajax Petroleums 14c Mines High 38% —1 Oil & Surpass Shoe Mines Ltd Akaitcho Low 37% - 121.832 * common Advocate Mines Ltd 8c Cleveland Bi-Ore — 42c * Gas AgneW Range Since Jan. 1 High 36c • common A 16c , Mines Ltd Paper Acadia Uranium Mines 1 Lake Shares 23 %. & Atlantic Sugar Copper Corp.—% 1 Compagnie Miniere L'Ungava— ,__1.50 Chipman fdr Week Low 37c —1 Preferred Aluminium Cartier Cassiar Ltd Sales Range of Prices Aph Jan I,400 —__—__l i Jan 8 Vi ____1 Ltd 60c May 4.30 Ltd—* Ltd 1.30 Mar Jun Ltd— Explorations Ltd—______1 Mines 6c 40c 37c 1 Mines Ltd. Carbec 37,000 84c 25c c. Canorama Feb 5c Ltd___l Petroleums Homestead 8c 52c 1 Mines Resources Devonian 5c 4c l 2 Common Canadian Jan 49c 1 „ Ltd Chibougamau Canadian 33c Jan 19c 50c * 1 Calumet Uranium Mines Ltd Campbell Jan July 4 Vic 1 Ltd Tungsten Mines Ltd. Petroleums 10% Jun 7.60 1 Bonnyville Oil & Refining Corp Bornite Copper Corp Burnt Week's Last Sale Price Abacus 1 Ltd Ltd.5>— Gas & Exchange in Canadian Dollars Feb Apr 1 Mines Bellechasse Mining Corp Ltd Bluewater 21c 1 Gold Mining July 10c 10c 137aC 7.70 Red Are Expressed Feb 35c 7.50 Beatrice Shown STOCKS Mar ,6c 13c-; 7.50 Mines 40c >• 37c __ — 1 Bateman Toronto Stock Prices High 12c Ltd. Ltd Gold 24 JULY Range Since Jan. 1 High Bailey Selburn Oil & Gas Ltd cl A Band-Ore ENDED Friday Ltd Iron & Mines Talc WEEK FOR for Week of Prices Low Ltd.— Exploration Metal Aull RANGE Sales Stocks— Explorations Ameranium Week's 12% May 59c Jan 14% Jan 3.70 22c Feb Jan 2.55 May 9c 39 lie Jan Jan Feb July Jan 24 Jun 14% Mar 6% Mar 8 Jan , 42 The Commercial and Financial Chronicle (394) . . . Monday, July 27, 1959 CANADIAN MARKETS RANGE Week's Friday Last. Sale Price Oils Mine3 Cadamet Calalta Gas & Oils— 4% % Canada Class 1,830 Southern Canada Southern 28 280 27 Jan 16 % 150 12% Jan 23 200 22% 30% Apr 1,445 25 1.44 1.52 10,275 60c 74c 2,000 56 56 125 1.44 54 833 49 406 72c 82c .1 class B,. 13% 3 3% —20 65% 63% * 39% 25 39% 9.40 8.00 7.75 15% 23 % I Commerce Canadian Breweries common ———— — Canadian British Aluminium A warrants-—— Class B warrants Canners class Canadian Celanese common A— —. Canadian Chieftain Canadian Cellulose & Collieries Curtis Wright Apr * 7'A 27c 7 % 7'A 100 27c 30c 10,400 25c Jun 14c 14c 2,000 11c Apr ! • * Mar 35% Jan 42% 11 Apr 17% July 3,500 4 Anr 10 38% 40 3,038 39% 460 17% 8.50 9.55 8.00 15% 275 22% 23% 2,275 31 200 7,915 Jun 7c 1,320 15 13% 1.39 1.32 1.43 39,690 9% 8% 9% 23.330 80c 85c 4,705 2.90 2.95 7,200 10 Jan Ma? 4,309 20 845 18% July 21% 19 240 13 Jan 20 % Mar 13 13% 429 11% Jan 14 Mar July 58c Jan Apr 12c 18% 1 Jan 1 08 2 80 July 4,900 36c 10c 2,000 7%c 62c 500 3.80 3.80 4.00 800 23% 23 23% 3,864 17% May 23% July 2.04 2.00 2.10 12,450 ■1.7b 2.60 9c 9c 10c 10,000 8c 1.55 1.55 1,000 30c 30c 100 23c Jan 32c Feb 9%c 9%C 4,500 8c Apr 13c May —_* common ,, 1 9%c 10 31 31 31% 51% 51% 53'A 14 %c 13c 15c Petroleum • 17% Jan Dome Petroieum Dominion Bridge Julv Dominion 4.25 4.50 13,485 11% 11% 150 20% 21% 355 31c 35c 44,370 Canadian 10% 10% 218 2.26 2.45 14,475 32 32 65 25 Feb 35 108 108 95 108 July 54% 62 290 108 62 — — Coal Fairbanks Morse * 16% Preferred —100 Canadian Food Canadian Gen. Securities"class Canadian High Canadian Homestead Canadian Husky Products pfd 100 A 17 15 — 31c 33c 2,775 _10c Oil 1,12 1.10 1.20 6,333 1 10% 10% 10% 5,461 5.50 5.50 5.75 810 11% 11% 11% 3,517 —* 17% 17'/a 17% 2,137 50 75 75 75 10 — .—_ , Hydrocarbon Canadian Industries - Gold Malar tic Canadian North Canadian Northwest Canadian Oil ._* —._. Inca ——. 100 Jun 23% 8%c 16,529 8c July 18c Jan 20c 27%c 19c 21c 32,651 15c July 40c Mar Mar 1 Salt Canadian Canadian Class preferred Western East Feb East Malartic Sullivan Mines 84c Jan 40c Feb July 37c Jun Apr 100 15 95 Feb 105 153 30 140 Apr 153 July 150 22% Jan 34% Jan is 18 18% 913 15% Apr 21 % May 9.60 9.10 13,% Jan 23% 30 31 400 38 30 38 pfd_20 15% 15% 15% 1.99 1.70 2.00 12,888 • 49 48% 49 250 1.00 1.00 125 43, * A Westinghouse 6c Exploration 1 Erin 30 Jan *23 Feb Mines Ltd.. 1.60 16 Apr 46 3.00 53 2.00 26c 15c 17c 5,000 15c July 1.42 379,038 35c Jan 2.45 8,275 32c Jun 1.07 Jan 13c 13c 13c 600 10c Mar Mav 10c 9%C 10c * 11% 5,500 9c 1.11 1 Ltd 1.16 200 78c 10% 11% 4,660 55c 15c Feb 9.40 90c 1.00 • 7.05 7.00 7.50 14,510 6.05 Jun 9.20 1.36 1.35 1.54 14,600 1.05 Jan Central Porcupine 1 13 %c 14c 5,500 —__ Oil • 1.30 1.35 3,325 62% 62'/2 55 * Wines Mines 1.31 62% 24 23% 24 725 5c 5%c 17,500 40c 37,212 —1 Mines 1 Mines Cop 36c 75c Min Chimo 1 53c • 2.90 Mines Chromium Mining & Smelting : Chrysler Bar Knitting Cochenoiir class A * Willans Farm Equipment— 3.75 ._* 14% July 13%c July 1.30 Lake Colomac 1 — Gold Coldstream Mines Metals Commonwealth Conduits Consolidated Consolidated Oil 18% May 22% Jan 21815 65 % Jun 92 % Feb 19% 10,430 14 >/8 Jan ' 20 20 265 19% July 20% Apr 10% 23.50 11% Consolidated 24 19c Jan Mines 7c 8%c 2,000 1.38 1.40 i,800 1.35 Jan 2.15 1.84 1.95 3.300 1.78 Jun 2.65 Mar 3.50 400 2.25 3.75 3.90 15,860 2.80 737 12% 14% _ Feb 68 2,600 ASr 01„ ■ 19c Genex Tot, Feb 2,500 Wares 1?% 7,765 31c 3.00 3.00 678 13% 200 5c Julv Tan jun 2.00 Mar 10% 2.13 Jun 33c 37c 17,200 26c Jun 50c 9%c 12c 20,000 9c May 14c Jan 24c 25c 3,300 20c Jan 45c Jan 11c 13 %c 39,200 8%c Jun 20c July July Apr Apr Feb Jan 8c 50c May 9% 285 8% Apr 10% Jun 10c II,000 9c July 15c Apr 9c 2,067 9c Jun 17c Jan 11c 14c 16,800 11c July 19c 11 Mar 141/4 15 29,065 2.30 2.20 2.50 12,166 3.90 3.80 3.90 5,175 24c 28c 4,500 38c 39c 2,517 35c 7%c 7%c 1,500 6%c May 23c 24%c 1,100 19c 55c Mogul 73c 73c 78c 2,815 3.40 3.65 4,715 20 20% 5,512 1 Explor 2.03 1 40c 2 1.07 1.72 Mines Mines . Mines 1.55 Mar 4.20 3.65 4.10 May 22c Mines Basin • 44. 4.80 1.05 Feb 4.50 Jun Jan Apr 64c Apr 1.15 May 5.25 Feb 22% Feb 44c 1.20 2,250 20c Jun 36c Mar 1,000 5c July .,8c Feb July 38c 41/2 67c — 261,344 c 5c 2,450 14c 18c 57,200 71/2c 2,000 55c 19,850 4.60 4.85 2.125 181 75c 1.15 96,125 70 75'A -1,168 179% 181% 449 Jun Feb Jan Apr 65c Jan 50 Jan 77 July Jan 187 Jun 108% 13% 14% 15% 2,115 7c 7 Vic 5,000 31% 31% 15 5.85 5.85 220 2.15 2.25 9.861 76 80 35 75 7 7 110 6 Jan 40% \ Jan 8.25 1.12 5 151/8 2.17 35c Jun 31i/2 Jun 6% July 1.50 17 Apr Mar ' 6c July 28% May 5.85 11 %c 35 Feb Mar 9.00 Jan Jan 2.74 Jun Jan 1.80 1.50 Jan 24 %c Jun 4%c 12c /2C 50c 4.15 2.55 Mar 67c July Jun 85 Jun July 106 106 17% 18% 9 9 9 1,180 7 7% Mar Jan 17 Jan 24% Mar Jan 10% Jun 109 Mar 17 Jun 22% Apr 295 49 July 63% Jan 541/2 52 54% 673 43 % Mar 50c 1.25 1.25 800 1.25 July 1.10 1.25 ii,000 1.05 July 17 171/4 1,225 10% Jan 19»A • 17 91% 91% 85 II 12c 13c 1,100 1.05 1.05 1.10 1,500 27c 24c 31C 34,810 7.90 1,417 89 56% July 1.25 1.25 July July Jun Feb 94% May 12c July 20c 1.00 May 9c Jan 6.25 Mar 30c 30c 36c 30,950 °'enn tIran MlneS 1 9'/!C 9c 9%c 3,600 9c 20c 21c 4,250 18C 12c 28 Vic July July Mar 1.55 Mar 31c May 8.60 May 59c Feb 14c Mar 24c Jun . 3 Goldale Gold Mines Eagle Gold Class 1 1 i2%c 1 —, 30c • 41,500 10c Jun 40c 10,800 29c July 46 %c Feb 2.20 50 2.30 Jun 2.20 • 6% 7 7.75 7.75 100 • 12c 16c 6,750 1.45 1.30 1.65 ii,415 44 43% 44% 4,340 11 • Jan 14c 29c 31 %c 5 855 1.70 May 6 Jun 7.00 July 12c 1.21 July 35% May 44% July 830 9.50 1,265 6 5% 6 3,710 2.60 2.60 2.75 905 13 141A 2,620 5% 5% 5% 715 5% July 5.00 * 5.00 525 4.00 Jun 8% July ♦ Feb Mar 23% 30'A 8.90 1 7% Mar 9.00 38c 2.25 Mar 29'A 1 Jan Jun 9.50 * B 5 2.50 13 30% Apr Apr 9.65 July May 7.25 6% Jan 3.35 Jan 21% Jan Jan Jun July 6% May 5.50 Feb I Great West Saddlery new Winnipeg Gas Voting trust 1956 8% • 9% 11% 12% 2,386 9 Vi Feb 12% July 12 11% 12 % 1,805 9% Jan 4.70 5.25 280 121/2 July 5.25 July 6.50 6.50 40 4.50 Apr 4.50 4.65 250 4.05 Feb 3 Vic 4c 37,250, 3%C Apr 20c 121/8 12 VA 905 12 ; Jan 13% Mar 26 Jan 28 Vi May warrants 195s warrants Greening Wire * :. Greyhawk Uranium Greyhound Lines Guaranty Trust Gulch 8% 770 12% common Greater Feb Gulf Jun ^un 14c Mar * 4.65 " 12% 3.90 Apr 10 26% 26% 55 8 Vic 8 %C 3,500 8c May 71/2C 7V2C 500 7c Jun 13% 13Vi 14% 23,621 3.40 Mines 1 1—1 __ Gunnar Mines Lead • ; Mines 7c 1.10 Mar 46% May 105 7.90 25c 5.75 Mar 30 2,925 " 1 Jun Jan 37% Jan 39% 173/4 1 May July 1,598 393/4 Jan Feb 50c 1 Petroleum Jun Jan 7%c 1 Mar 18c 5c 16c 36c 63c 5c 65c Jan I9%c Jan Jan 3.40 July 19 63c Jan 9,660 • 4%c Jun Jan 47c 2,570 22c 1 Jun Apr 145,300 22c 1 3.50 Jan 2.05 1.10 Ltd"_.«—1 Oils Apr 16% July 36c 43 %c 1.06 1 . 85c 74% 3c 4.65 July 50c 7.60 Jan 9c 3.50 100 1.12 Mar Glacier Minin® Apr 4.Q0 9c 20% 6% 19% May July 905 Goodyear Tire Canada common Gordon Mackay class A Granby Mining Grandroy Mines Granduc Mines Great Lakes Paper Great Lakes Power common Warrants Great Northern Gas common Warrants Great Plains Develop „. Great West Coal class A • 6% - 8,945 • Feb * 13,000 ,1 10c 1 Ltd 633 62c May Mar 67c 18% Prospecting Jan 24%c 6c 4.75 57c 25 17 50% Mine 6Vic ' : i,730 18% £1,an.t Yellowknife Gold Mines Jul? 15 14 Giant Mascot 3,200 14% 21,700 1 Goldfields Uranium 9% 850 90c 49% Ltd Apr v 17% Mar 18% oommon Mar 9%c 221/2 84c 32 50c 75c 8c 21% 24% May 21 % July 1% 40c 8c 30% 4934 com Jan 8c 9.647 29 1 Jan 57c Ltd Smelting Jan 2.00 _I_11 50c 26c page 80c 100 Mines Scientific ^ai? 5,755 2,130 Mines see 47,550 * Bakeries General Steel 15 34c footnotes 1.56 1 16% Mar 14 34c For Apr 1.43 58c • General Petroleum Drilling Class A qq^ ,4®^ 34c West 72 100 Jan 14c 1 Sudbury 72 Jan * Development General Dynamics General Motors May 79,800 1,400 Consolidated Jan 53% 4.65 • Co.... 3.50 Mar 4.10 Jan 5c 88,650 Consolidated 53 10 10 General Jun 33c 73c Mines 25 60% 17% 100 Mines Ltd General 30c 3.55 Northland 62 60% 85c • — common... Debentures Fruehauf Trailer 3.15 T11 68c Consolidated Regcourt Consolidated Sannorm 30 30% * May May 3,400 3.50 Consolidated Peak 40Vi Mar Jan 24c 15 JPetTr?leum Prsfe"ed Frobisher Ltd 89c Feb 50 68c Consolidated Jan 27 % 20c Companies Jun 3.50 Nicholson 37% 450 12c '* Frn?£? Jan 1.65 2.45 May 1 Gold— Consolidated 270 30 37c 1 A 50c 100 Howey Negus Jan May 1.75 25c "T—: Jun Consolidated Consolidated 16c Jan May 40 % 22% v 72c 1 Morrison 1.70 July 2.00 30 1 27c 1 Consolidated Mdsher July 16c 62 1 4,600 1 Consolidated 7c Apr 39 • 2,800 1 Arrow Consolidated 400 1.30 1.70 12 %c 51c 1 Lake Oils July 7c Gatineau Power common 5%% preferred Golden Gold 7c 1.95 1 1 Geco Halliwell & Mar 19,000 1 Apr 1 Mac May 46c 27,000 Ltd—— Mar Consolidated Mining 15c Jan 9% 9c common Mar Consolidated Mic Mar Jun 17c 1.60 1 Mines Sol 39c Consolidated Consolidated 12 10c 2,500 8c 20 38c 7 Consolidated Jan 8,500 1.52 1.45 92c - Consolidated Marcus 1,055 12c 20c 8c ... 28c 5,200 13% • Mines Marbenor 11% 18c 1.52 • 51c Consolidated Dragon Oil . Consolidated Fenimore Mines— Consolidated July • 1 38c • Flin Discovery Gillies 19 t—_1 51c _1 Gamma Denison 1,315 10c 18c 50c 53c 31c 34 %c __ • Warrants Consolidated • 8 % c Mar 3,000 • Callinan Mar 21% * Bakeries Beta May 48 70% 2.50 - Consolidated Bellekeno Consolidated 37 Apr 19 Jran Jf0 , Feb Jan Jun 56c 14% 1 „. Allenbee Jan 45 .1 A 8 Anr 5c • Mines Consolidated 32 25 20% !°?r Ch (U,S)—1u- Jan 5c 2.90 * Mines 100 48 60% May 1.90 19% 63% 30c * Petroleum National Coniagas Coniaurum 35 48 67 % ___ I Jan 71 Tan 2.75 ._1 Enterprises Combined 35 Trust—I_II„10 625 15 %c 15 %c 1 Mines Combined 35 48 70 A Jan 90c 12c 12 %c 1 Copper Yellowknife Jan 1 19% Preferred Coin July 12 21'A u_. July 16,500 14% 25c Jun C7 3.50 . 1 Cody Reco 8% July .__* com III~1 45c 4,300 22c 53c 90c 63% 25 Cockshutt 51% July _ 16%c 51c 18c 90c 20c 1 Gold 33c 47c 1 " Chibougamau Mining & Smelting Circle I,800 20 Trust Jaculet 10 Jan ™TJ; Products preferred——10 Fleet Manufacturing • 1.63 Mar Kayrand Jun ♦ Apr 1 Chib 8.50 41% 5c Jan 1.75 12% Mar 3.10 Jan May Gold Chiboug Feb 13% July 15% May 150 ; Sffl Mini Jan Rio Chesterville Jun 745 Feb Del Gai 11% 3,923 Faraday Uranium Mines. Apr 44c Pat Cheskirk - 7% 9 i'^andT?I"" Feb 40c Athabaska Chateau class Mines Feb July Central Charter 1,630 24 % Mar 9.75 Falconbridge Nickel Famous Players Canadian Jan May 1.00 Central Chartered 1,575 14 Apr 5% July 5% Jan Feb 50% Explorers Alliance —II—IIIIIIIIIIl Mu 1.17 • Quartz Corp Paper Mining Eureka Corp July jan 14% *31 40c ! . Asbestos 13% 30 El Feb 45 1.36 Explorations Warrants 12% 8.90 Jun 20 1.62 8% Common 15 A May 1 Mines Met Co.; Eldrich 11 A Mar «__1 Can Can 25 Jun 1,300 250 1.860 5% 1.02 2,100 23% 13»A 12'. 9.65 23 5% 13% ... Investment class Match Elder 205 * Apr 4,294 common..• — Oil Eddy Eddy 10,989 577 Gold Economic Jun 153 Amphi Eastv/cod 30% May 100 .«'. 1.12 Mar 26% 13 19c 9.00 Mines East 16c 12%- July 6,550 . Feb 3,633 13 & 78 % 9,249 28% 9c 49% Petroleum 20'A 2,000 28 % 6.299 34 1 12% July 17c 28% 13c 1.15 1 Jan 43c ( Mar 13c 1.10 Ltd July 7% Mar 15% 75 29% 194 Willfston Cayzor Dynamic Jan 25c Jan Jun 43 % Oil Canadian Gold Duvex Jan 34c Jun 50 Minerals Jan 8.50 40c 1 Canadian 4% Gas Canadian Captain Oils 1.85 14% 74c July 15c 33% . Jun 14,200 191 . Nat Cassiar Co 42c 193 - Western Cariboo Copper 40c * class Mfrs _. Canadian Candore Duvan 28% • Corp common Wallpaper B Feb Jan 42c 10 ——.—— Tire 19% 62c Jun July 17c 8% —— July 26c 5,000 • Jun 5.00 8,000 5,387 1.11 33% common. Jun 1.10 29c 50 23c 10 Jan 21c 17c 25 Investment 17 41% May 29% 25 — Scottish Dominion Tar & Chemical Preferred Dominion Textile common Donalda Mines 100 Railway Petrofina Canadian 16 %c Preferred Domihion Steel & Coal Dominion Stores * — Pacific Canadian 40c Dominion Jan _• — Mines common—. preferred Canadian 40c Jan 75c Jan 13% 17c 19 %c 26c 17c — 25% 2.90 Jun Jan May 1 25c .—2 Magnesium July 11% May Feb * Dominion May Apr 58 19c Jan common..• Dominion Foundry & Steel Apr 20 6% Mar 34 Jun Jan Jan 17% common Jan 30c 2.05 1.85 —2.50 • , r 6.05 100 Cos preferred 8% 17 17 — common Preferred 5 % _* ;«i—20c — Oils Canadian 62 ——:.—• Crest Warrants Canadian 2.34 common..* Jan % 12c 8c 1 13 Jun 26 48 11c Jan Apr 8%c 1 1 preferred— £<>"> Dalr'l?, Electrohome July July Eagle Oil common Export Gas & Oil Canadian July 80 5.15 1 . Dominion May Canadian 4.25 10 Anr Jan 1.50 Mar 8,000 lo Jan 1.30 Mar • Jul? 4.40 Steel 3.00 July l .-. — Mines Dome Mines pfd_—— ;_* Canadian Dredge & Dock™. —21 Canadian Dyno Mines 1 31c Drawn 62c 150 „1 —. Warrants..; Devonian Canadian Canadian ' _5 Minerals t,ov 4 10 Jan 39c 10c 62c warrants— Apr 85c 38c 62c 1 Timber 9% Jan jJn Feb t Canada 1 57 Jun 4 55 68c 2.50 Mar 50c Jan hv fli/ Jun 38c _1 23% Jan 29 13 % 1.74 * ■ — 33 16% May Feb 14 Feb Mar 1.92 — Decoursey Brewis Mining Deer Horn MineS Deldona Gold MinesDevon Palmer Oils Distillers Seagrams Tulv 8 74c 16 %c Mar 19 • Daering Explorers Paragon Mines Julv a 70 Jan CFeb 1.87 Mines Nest Feb 4.95 19% Zellerbach Crowpat 6% July 105% May 1.87 Trust Crown Juh 49 375 Juty 1,990 47 106 19% Pershing Crown 5.00 May 2.85 Mar 39 Va, Feb 4.20 Jan Feb, , i———.—-♦ A- Warrants Croinor Cusco 13% 2.95 55 ■' 68'A July 1.25 May , Crows 12% * Crestbrook 13c 38% __ 3.75 Ltd of Crestaurum Jan 1.05 15% Mar 13% 1 3.80 66% July • . Oil cree Feb 57 Jan 3 Pete common 50c 100% Mar 34 —1 class Zinc fR L) J a* 5,000 6,116 * — Jan Grain 54 1,645 9c 25 Chemical Feb 76'/a Feb 2.35 Jan Feb • 255 ; Mining—. Copper Craigmont Mines 2,090 13% 31 _* preferred 66 47 17 — - Canadian 1,300 3,138 4.20^ 66% 8C • com__ Class 3.5f5 47 _—* Minerals— of 4.15 • common 100% July 58 104 104% Cournor Feb 68'A 104 * Cowichan Jun 51% 100 , ___• Lead Jun Jan 55c 67% Coulee 25 37% 51 52 Apr 100 Imperial July 90 68% warrants——— 23'A 4,035 104 , High - 47 104 B Cosmos Low 1 44% Chiboug Distillery class Range Shice Jan. 1 High 104 — Mines Rand Corby Jun 63% July 10 .—- Lines Cable Astoria Canadian 28 33 56 Copper 37 Mar 28% Jan Shares —100 Clark Publishing Coppercorp Ltd 5% Feb Jun for Week 45% 100 preferredExploration Copper-Man Sales Range Low 10 common Copp July 215 1.46 Apr 4.25 64 * Conwest 31% 22% B Jan 130 93 —• Class 12% May Mar Co ^ 74c Apr 10% Mar Jan 10 Gas A 100 July 6.95 Class 35 Jan 53c 31% 15 ..— 31% July Consumers Feb 1,407 • 93 Petroleum Wire Preferred 28 110 1.27 34 63% — Mtge Steamship Canada Canadian 4.25 •—* A Oils Canada $1% 10% 4.25 33% Week's of Prices Par 26%c Feb 46c Jun Juh 78% - .—• Canada Preferred 10% 4.25 33% * — Canadian Bank 93 * . Permanent Canadian -23% — class Canada & 2,830 ——100 .— 3 23% 5,335 -20 common Packers 65c 7,300 common——10 Oil Lands Warrants Canada 4,050 25 57c A—— preferred Malting 72c 7.40 Canada Crushed Cut Stone Canada 70c 95% * < class Apr 53c —• Preferred Foils 21c 7.00 ■" Sale Price High July 16,754 24c ~ 13c 55c common Iron Foundries 4,000 7.10 1 Bread Cement common1 " 24 Last Low 15c 1 * « Canada Canada 23% .05 % JULY Range Srnce Jan. I High —• — Campbell Chibougamau Campbell Red Lake Canada 21c 70c —* ENDED Friday Shares 21c 25c —— Calgary & Edmonton Calgary Power common..^—...— Canada of Prices 13c 1 Mines WEEK for Week 1 . Petroleum Calvert Range Low Par Cable FOR Sales . 3.3G 5,840 2.65 6% 8% 9% 306 3.50 6c 7%c 10,000 1 Warrants Gurney Products Gwillim Lake common Gold • 1 3.50 13 6c May Jun Jan Jun 9 6.50 5.00 15c Jun July Jun Mar Jan 13c Feb 19 Jan 7.50 Jan 9% July 10 %c Apr 190 ' Number 5867 Volume . . The Commercial and Financial Chronicle . (395) CANADIAN MARKETS RANGE Week's Friday v STOCKS Last Par Hahn Brass 2nd Hardee Farms preferred 1st preferred Rights ■ ' • • Shares 15% Low 30 8% 15% 16 5,520 107% 107 % 50 , 83c 80c 99c High 8% July 13% July 103% 9,605 107% July Apr 50c 1.00 July July • 131/2 13 % 14% 1,050 8% Jan 15% May 1 11c lie 11c 10 %c Feb 14c Jan Harrison 1 i4C 14c 12,000 16,400 14c Apr 25c Jan 19e 19c I,500 18c Apr 25c Feb 18c 18c 22c 43,000 35c 39c 6,700 34c 6%c 6%c 7c 2,900 6%c 8 8% 700 4 90 4.50 4.90 600 4 Jan 60 60 25 60 July Minerals Gold Mines 1 of Lakes Iron 1 Headway Red Lake 1 Heath 1 Hees Gold (Geo Mines H) Hendershot Co & Paper • * common Preferred Heva Hi 100 1 Gold Mines Tower Holden 1 class • 24c Apr Jun 58c Jan July 11c Apr 10 Apr 6% Mar 5% 60 5 5c 10,000 5c Feb 8% 125 6% Feb 10 6% 100 4.00 Jan 7 32 331/8 Jan July 6% 6% Hollinger Consolidated Gold Jan 5c * A 8%c 8% ~~ Drilling Mfg 17c 33% 3,438 30% 9c Jan Jan May Mar 35% Mar Home Oil Co Ltd— '<■' Class A - & / * common Hoyle Mining Efudson Bay Mining & Smeltine Hudson Bay Oil 1 Hugh Pam Porcupine Huron - • —■> 15V4 6,072 14% Jun 15 14% 15% 2,433 13% Jun 46 46% 1,855 39% 4.70 4.35 4.75 7,805 52% 53 3,530 16% 16% 55 10 75% 75% 2,931 Glaze_ 18,105 5.25 Mar 63% Mar Jun 21% Jan 20c Jan 15% 13c July 49 Jan Jan Industrial Accept 6.70 7.15 35 35 25 35 11 1,170 10 23 23 295 21 78 75 77 July 39% 40 4,928 Com Ltd $4% preferred i 40 90% —100 preferred 50 Cement Co Inland Natural Bronze Powders Feb Jan 41% 5,578 Jun 41% July 90% 50 44 10 ! 14% 16% 7,960 5% 3,010 22 23 5% 5 % 5% 14% 14% 14% 2.25 1,450 43c 43c 44c 2,900 pfd 24% _* Ranwick Interprovincial Bldg 1955 warrants 1959 Ltd • A 45% 11 16% July Jun 4% Jan Jun 125 Glass • McKenzie 1 Red Lake McMarmac Red McWatters Gold Lake Mentor Expl & Mines Apr Feb 9%c 16 60c July 98c Mining 1 __ 61c 69c 5,500 61c July Midwest Industries Gas • 1.60 1.85 16,829 17c 17c I,100 15c July 49c 23c July- 49c Midrim Mill City Milliken Petroleums Metals Mines Ore Preferred Corp Creek 36 34% 36 1,655 21% Jan 2.21 2.40 17,605 1.90 Jun 1 2.08 2.08 2.10 1,900 ■■1.60 10 15% 14% 15% 1,925 12 42c 47c 7,100 42c July 4.35 Mar Jun 2.55 16 Jan Jan May 82c July Apr Jack Waite Jaye 20c 36 %c Exploration Jefferson Lake Jellicoe National Explorations National Grocers National Joburke Gold (1939) 13,525 preferred- National Car Uranium. Athona 2,700 17%c 1 51c * 250 18c ' Warrants Kenville Mines 18% 1 20% 20% 21% 5,510 1 3.25 3.15 3.40 5,205 1.41 1.40 1.61 5,150 68c 48c 53c 5,763 48c Apr 3.00 Mar 11% 11c 3,500 9c 7.20 warrants KirkJand Minerals Kirkland Kroy 1 Oils 51c 1 Townsite. __ V 41c 46c 28% 28 29% 2,025 • 28 27% 28 840 1 1.03 1.03 1.06 800 20c Ltd 45c II,075 41c 4.10 Jun Jun 86c Jan 15%c Apr 95c July (John) Ltd Labrador Mining & Lake Cinch Mines Lake Jan Lake of Exploration Lake Wasa Mining 89c 4,535 2.85 1,280 2.50 Mar 27c 27c July Jan 34c Jun Gold Gold 27c. 60c Jan 2,250 26'c 26'/a c 2,500 22c ,5.20 5.30 3,248 34c 5,500 27c 33c 1 Mines 1.35 10c 1 4.25 4.30 500 25 4.25 1 Mines 1.50 Mar 3.25 8%c July 3 Little Long Lac Gold Loblaw Groceterias class A pfd Class B preferred 25% 290 1.33 1.39 10c 11c 6,316' 5,500 Jan 4.45 26c 5.80 May Jan 38c 3.30 May 23% 45,000 1.95 3,000 1.91 July 29% 465 30 30 4%c 1.91 30% 695 28% July 29% Apr 29% 31% 1,462 29% July 40% 30 Feb May 4c 3%c 6%c 30 31% 1,710 July 45% 47 995 42 % Jun 48 11 11 % 550 11 Jun 17% Mar 10% 13 1,150 10% July 151 18c 16c 18c 22,700 6%c 1 54c 45C 57c 29,600 45c Lorado Uranium Mines 1 Louvicourt Goldfield 1 Mines Macassa Macdonald Macfie 22c Jun 11c May 4,000 29 29 25 14c 15c 24,500 lie 10c 12c 36,000 1 Explorations 1 2.95 30c 2.95 3.00 830 29 %c 34c 14,600 7c 2.66 25c 7%c 8c 9%c 15,500 1 1.10 1.10 1.14 12,500 • 41 y8 40% 43 2,010 35% 1 2.96 2.95 3.00 8,160 2.55 Magnet Cons Mines.. 1 14c 13c 14 %c 308,900 Maher » 27% 27% 27% 30 MacLeod Cockshutt Macmillan Madsen Bloedel Red class B Lake Shoes Ltd "• Marigold common Class Ontario see pace 44. 15c 15c 16c 1,000 13 %c 13 64c 13 60c 13 65c 100 28,286 51c 71c 71c 75c 9,900 71c 1.69 1.69 1.75 7c 7c 17c 7c 17c 17,830 1.07 Jan 25 %c Jan 129 110% 109 % 110% 13c 13 %C 740 5,200 Oils v . — 5,220 1,626 — 3.35 16c 9%c 9%c 10c 13c 15c —. 13c 2.95 1.25 3.00 1.25 1,320 63c 60c 68c 19,230 45c 1.25 31c 1.25 45c 1.34 46,519 26c 1.15 1.25 17 _19 42 A2 A 14% 15% 4.05 4.85 1.56 1-73 15 16 12,965 —• 27% 3.30 79 23c — 3.30 — 23c 16c 15c 1-40 — 20,600 8,000 15,850 190 26,370 * — —* . 75c — , 12c 80c 16° 71c *5 12c 77c — 30% 24% 7 1 — 20c 1 Jan Pamour Jan Mar Porcupine 16c July 28% Jun 42 %c Mar 20c Mar 2.05 Mar 42c Canada July 33 6®c °c 22c 26c 1.30 3.85 68c be 35c 31c 1.38 4.00 warrants.: — — — 26c 1-38 3-90 Consol—! 1 20c 16 %c 1 — 1.25 — — Preferred Pernio Gas — Gold Oil Phillips Oil Photo Oil preferred Mines & & Minerals Gas Co Ltd Engravers Gold Mines-;— Pitch Or? Uranium Pickle Crow Place Oil 105 Jun 113 May Ponder Sc Gas—T Develop Oils— Portgage Island 50 2 1 1 • -- 110 22c — 1-70 1 * 1 00 16% • J 1-03 1 * 50c 1 -- 1.25 12 V* - — - 19c 16c 20c 17c 22c 8% 45 22c 9 45 1.10 2lc 1.20 1-30 1.66 93c 16% 1.03 7c 1.10 23c 1.33 1.77 1.00 16% 8c 1.31 11% 12 % 20%c20%c 70c 70o Jun 52c May Jan Jun 1.98 May May 2.50 Jan 19% July 14% Jun 17 Feb 5.00 3.00 May 1.25 Jun 12% Jun 16% 25 % Jan 28 Jan 1.85 3.05 Apr Jan July 4.00 Apr 80 Feb May 75% Apr 23c Jan 42c Jan 13 %c Jan 30c Mar 600 1.35 Feb 4,000 2.00 May 15c 6%c July 5,850 Apr 66c Jan 1.07 May 100 14% Jan 18 3,000 11 %c Jun 3,865 71c Jun 7,500 16c Jun 17 %c 1.35 23c Feb Apr Jan Jan 85 26 Jan 30% July 85 22% Apr 26 % 4,590 Jan 7.80 July 12% Mar Jan 97/e July 3.35 16,380 28,500 2,200 68c 8c July 13c Mar 6,610 31c July 65c Mar 2,000 30c Jun 45c May 13,045 34 Exploration Pembina Pipeline common Placer Jan 33 % 78c 12,500 13% 8.90 Exploration Ltd Gold Peerless Feb 22c 8.50 1 1 Jun 16% -— Mines Amalg Mines——Pater Uranium Pardee of 13% 8.50 * * —1 1 1" Tubes Paramaque 19c 13% - Feb 1.80 Jun Jun 1.00 91c Feb 4.60 Jun 1.20 44 % May 30 76c 9c **!?c 31c —■ — 2.75 Feb 3,000 9% 69c 8c 73c 1 — 1 1 Jan May 6,115 7.80 8.35 8% — Mar 36c Jun 188 25 8^00 Jan 22c July 15c 13c 12 2,908 30 % 24% 27c 9%c May 35 4,345 76c 'J5 12c 83c 1 4.50 Mar Jan 22,800 8,430 }®c * — Feb Mar 245 28 3o0 79 24c _16c 1-40 —10 Debenture- 3.15 Mar 43c Feb 31c Mar 13 %c July 7,111 „„?/c 17c 6c 58 Apr 48c —1 * 1 Warrants 40c 1.47 50 3.25 15c -* 2.65 Mar 4,254 1,000 3.25 15 4.®5 1.69 16 Jan 30c 19,400 — 1.20 8%c Feb 34c 1.20 Feb 1.18 Mar Jun Jun Jun 33c 18% Jan May Jan 34c 1 —* 50 * —* 15% 1.69 July 53% 6%c —1 18c Jan 15c 25c Ltd Jun • 1.40 5%c 51% 6%c — Mines Jun 5,500 -- 52% Ltd—————1— Petroleums Pacific 150 Jun 2.71 May Jan 2,000 • common Mines Laoe 13 —1 1 a Products. Ormsby Mines Osisko Jan Jan 1.18 * Orenada Gold 106- 12c 606,500 1 Mines Orchan Petrol Oil & 10% 1 _1 Opemiska Copper Orange Crush Perron • May ; & Loan Ontario Steel Peruvian 1.25 Mar 92c 90c Jun 1.20 55c 1,500 Oils Apr July Apr 93c Mines—.— Page Hershey 3.45 May July 30c 93c Malartic Feb 25 24,100 — Mines Feb Jan 10c Mar May Rare PCE 20c Apr 41c 10c Cement Metals Ocean Oka Paymaster 8,750 27 %c July July Mining Gold Jan 31,100 Jan 21c 5c —- Ltd Lake Obaska O'Brien Jan 28c 6%c 13,200 1,500 — 5c 100 convertible preferred Matachewan Consol footnotes Jan 45% July 10c 11 %c Jan 24,600 18c 19 %c 6c 6 % c — * Northern Telephone 20 Northwestern Utilities Preferred—100 Northland Oils Ltd-—A ——20 -.Norvalie Mines A--—— —1 Nova Beaucage 1 16c 21c 12c 6c Natural Gas Jun 10c Jan Jun 7c —1 Ontario 1.25 37,035 7,000 1.53 Mar 9%c Feb —• Northern 19% 100 preferred 5%% For Jan Jan 26c Apr 15c Jun 26c 6%c Northern Quebec Power common Pato Consol 3%c Jan 11 %c May Jan Mines Feb 303,600 12%c 23c 35c 40c 1.89 1 1— Canada Jan 132 — Apr 10c 72c Apr ——— Northern 1.04 42c 14%c 7c 2,000 41,000 6c A 12% 15 % 92c 7c 2.67 May Jan 2.25 Jan 10c warrants 3,900 129 He c 2,000 — 2,215 36c 7c 1 9% 25,660 —_— Preferred Patino Jan Mar Mar 7%c Apr 6%c North Star Oil common— Jan 21% Jun 1.62 Uranium Northspan 1.13 15% 2.55 Rankin ————1 Jun May 12c 69c Jan Goldcrest 18% 37c 5c North 17 15% 30c 5,500 North 1.09 * 7c II,875 . 3%C 1 , 30,000 42c 6%c 1 1.10 1.15 7%c —* Smelting Canadian 3.10 6c May 7c ------*.■■: _1 B—— Warrants 55c 1.10 July May 1 class Oils Jan 1 Mining Corp Martin-McNeely Mines Massey-Ferguson Ltd common: convertible 33 - 20c 38c —1 1 Mines Jan • Maritime 4%% Jan 1 Oils Jun 13,900 6%c Oils. Gold 3i/zC 1,500 36c 26c 7c; 1 Mines 18 % 4c Mar 42c 1 Exploration Mines Mines- • Goldfields Maple Leaf Milling Maralgo Mines 16c 4,000 40c 2.03 Mining & Smelting Rouyn 1 Majortrans Malartic gc 11 %c 28% May 12c Jun " 15c 1 Mines 23c 7%c Jun * Yellowknife Gold Mines 46c 7,100 8c J(in 12 %c May 14c July 2,500 * Lyndhurst Mining Co Mar 67c 11c 1 ! Lowney (W M) Ltd 26c 24c 7%c Jan Jan July lie Jun 20c 6%c • Northgate Exploration May Feb 11 22c Feb 56 8%c^ADr 22%c 24c —1 Nickel Norpax 32 '47 11c 95 14c 1 - Okalta 50 Warrants . 259,225 18,250 Mines Oleary 42 12% Jan 13c 15%c 8c ._ Feb 30 Ltd 49 1 Npranda Mines Jan • (M) 56 • . Norgold Jan 30 warrants A 56 —« 1-1 %c . Jan 19 — 11c 97c 8%c 15c 26c Mines Mines 2.48 • A_ Jan - 10%c 83c 7c Acme 31 Apr Long Island Petroleums Long Point Gas Lynx Jan * class Cos Preferred Loeb Jan 1.61 Mar 17c July 16 Jun 6.00 Mar 28% Jun 1.33 July 10c Jun 28% 4c * 30 B Class 81c * Secord Candy Leitch Gold Class 1.47 Mar 2.80 1 Mines Laura Loblaw 31% Mar Jun Mar 1 Mines Mines— Lexindin Jan 1.00 1 Osu Shore Lencourt 25% 1 : Lingman Gold-- Lake Luz 30 1 Mines Gas Lake La 27 % Mar 1 Dufault Lakeland • 1,135 l Mines— Nipissing 1957 Labatt 17% Apr Rim North Apr 2.17 Jan Mar 17% 4.60 Mar 13,150 Wire Apr Mar 21% July Apr 2.35 Jun 17% May 5.50 July 2.10 2.55 Gold Northcal 14c Mar C 4.50 1,200 2.50 7c Mines Mines Apr 12% Jun 9%c Copper Class 28 Apr 100 2.35 Mar Normetal Mining Corp Kerr-Addison Gold 26% 225 4.50 2.25 38c Jan Kilembe 27 % 4.50 36c 28c Apr 27 % 2.35 Jan Jun Mar 27% Adf May 17c 8 Apr 20c 2,000 €c 15c 20c Nickel Mining & 26%c July 4.60 Mar 7%c July I,600 Norlartic 200 4,600 14,000 Feb 855 9c 22c 72c 3,500 *8%c 22c July 7c Apr 9c 20c 50c 10 18% 20c 8,364 9% __ 18% Feb 21c Nickel Feb 6%c 10 —1 — Feb 14% .1 Jan 45c 5.25 * Canada 14% 105 50c Jan 5.25 5.25 — of Gold 195 Pete Norsyncomaque Kelvinator 82,800 16 % Feb May July Mar 21c 16% JJ% Jan 26c 8% Mar 39c 17c 16% —• 12c Apr Nisto 1.90 July 20c 5 73c Taku Nor 3,955 15c Jan 43c Senator Apr 1,850 Jun 1.04 Jun Canada Rouyn Merger Apr 8% 61c Jun New 69c 2.31 May July Mylamaque 11% 8% July 42c 7c Superior 11% 1.98 48c 11,100 35c New Jan 8% 32,306 29c New Jan 2.27 82,791 E5c 48c Mines Newnorth Jan • Kelly Douglas class A 46% July Jun 46% 48c 44c . 7,800 Manitoba 37c 15c Jupiter Oils 37 Mar 14,750 16c 19c 50 24,050 1,600 18c Feb 46 40c 69,800 54c 40 % 50c 46c Apr 20% May 31c 26c 50c 25 Jan 35c Jan 2.80 8% 49% Jan 17% Jun Jan 8% 49 % May 1.25 80c 30c 16%c 23%c 26c * Jowsey Mining Co Ltd Jumping Pound Pt 500 51c 42 400 8c New 34c 9% Jan 95 5,000 35c of Mines July 10% 40 41 88c 19% 31c Kelore 11c 45c Jun • Oil New Niagara 9% Jun 28% 1 Mines Mines New 9% — Feb 29 20c Oils Jason Feb 1.90 27c Jan Jan 12c 6c 7c New Jan 7,500 Jun 22% 22% 19 46'A 16% Mar 264 85c „ i 726 1 Gold New Hosco Mines 21c 14,073 40 % — ' Jan 1 Mines New Bristol 12% 13c 6%cMar 13% 88c _l Bidlamaque 1,000 2,880 8,500 19 % 1 Alger Mines. New • 28% 27 % „ _* ; 64c 7% July 27 % ! 13c 28 27% * New Newlund 12c 28 % 0 10 Labine July 2.55 1 Mines Jun July * ; Mines 11 %c 12c Jonsmith 27c Jun 3.15 9c 14% 25c B Trust 1,470 2.40 ; class Mines 8,600 2.40 Joliet-Quebec Mines 20c Jun 7c 14 % 14% • Steel 8 12%c 10 —: - 1.70 Jan ^7c 20 preferred National 14c • Warrants Mar 10c 3.75 • Petroleum 7% 7% lo B 44,000 1 common Preferred Class 12,500 2.58 29 %c 36%c 1 Mines Jockey Club Ltd 2.34 Jan Jan 5 common Ltd Hosiery Mills National 12 %C 1 Mines 11 %C 12 %c 2.50 1 — 11 %c 35c Mining 2.85 1 Mines Harricana 43% July 575 1 Goldvue 7% May Jan 3.25 1 New Feb Apr 3.10 • common National Drug & Chemical Preferred —: New 2.90 5 Minerals Nealon Jun • Works Wright Iron Nama LSI 1 Trust Multi 8,052 12,580 40 Porcupine Locomotive Mt 27c 1.62 ♦ Montreal Moore Feb 23c 1.41 • B Moneta Feb 26c 1.41 1 Molsons Brewery class A Class Apr f • ■ New Jacobus _1, Corp Mining Corp Min Apr 1.90 Apr Jan * - Brick Mindamar 1.35 • Uranium New .55 V8 5% 1.85 /Apr 1.00 • Lake Dickenson 26% __ __ New 2.37 1 common——* Warrants Davies 48% Mar 12 %c Mar t 13% Jan Delhi 261 Jun 258 New 2,769 8c 8,000 32,020 New 6,570 July 1.90 Mar 66c Jun 54 Jan 72c , 13% Jan 6% 25c 60c %c 43% 3.35 Jan Jun 2.50 Mar 13% 12% % May 13 %c 62c 460 6% 41c 700 • 49,100 42 Jun 7,758 9%c Mines Light & Power Oil 23c July July 25c 60 14c 9%c Uranium Midcon 11% 2.30 10,250 2.51 14c __ 1 Meta Calumet 12c 34c 2.51 Jan Continental July Jan Jan New 2.30 July Apr 12 %c 1.00 New 12c 48c Apr 8%c Jan 20 Jun 8c 9,800 July 140 25c 1,200 30c » 14,650 157,025 41% 12c Feb 31c 72c 100 % 2.30 1.78 Mar 95 8%c 1.23 Mexican Jan 28c k. 30c 50c Jun 41 Apr Jun L15 Jan Jan Apr 81 % 67c Jan July 1.00 925 1.16 32 9% 3,550 » 83 20c 1.45 88% 8%c 30c 50c Mining-. 22 % Apr 1.41 12c 1 Island 25 25 14,800 Merrill Nesbitt 3.25 16c Mercury Chipman Knit Nello 70c Range Since Jan. 1 Lew 1 High High 86% „■ 86% 1.25 Dev__ Shares 14c 1 Medallion Petroleums Jan 16'/8 Mar 14c 50c 14,269 35% Uranium Gas July 7% Jun 1 preferred 23 14% July 1.99 July ,-40c Apr 7% Mar Jan 5% 25c Copper Mines Bay Mines & 33 53 53% 6% ..5 25c common 43% May 17% 320 Feb 12c 2.30 Syndicate 95 2.30 12c — Interprovincial Pipe Line Interprovincial Steel Oil for Week Low 1 ^ Mclntyre Porcupine 20c 21c • warrants : Feb 2,980 24% 33 1 com Mayfair : 11% 99% * Credits 35 % 90 1,603 , 97% 100% 25 Petroleum International Iroquois 14% 9%c 5% Nickel Co common International Class Apr Jun 2.00 International Investors 12 % 22 % . Jan 5%c ,44 Warrants Inspiration Jan 7,500 20 —— Feb 92 3,617 1 Preferred 23 46% Jun 6c 1 common July Jan 13% 10 preferred-. 38% 12% 90% • G>as 7,15 May 35 39% . 15 % Inland Jun July May 13 ,44 Warrants Inglis (John) & Co 6.00 May 5%c 13% common—* ; 80 Jan 77 39% 1 .___ 55% July Mines Montreal 62 10% — Indian Lake Gold 46% July Jun 10% * • Jan Jan Jun 51 % 7.05 Flo — Iso 2,000 130 73% $1.40 preferred 25 Imperial Life Assurance 10 Imperial Oil _• Imperial Tobacco of Canada ordinary_5 Iron 2,554 14c 55% 55 21 20% . Apr 4.00 17% 13c 1 Rights Imperial Irish . 52% 20 Imperial Investment class A Intl 16% • Imperial Bank $2% 15% • • Erie Mortgage Maybrun Milton 46 Vs • Class B Howard Smith Paper Range of Prices Fax 8% July 19% Mar Sales Week's Last Hard Rock Gold Mines Head 24 Sale Price Harding Carpets Hasaga JULY Range Shiee Jan. 1 High 8% 100 ENDED for Week Low 10 common WEEK Friday Range of Prices Sale Price FOR Sales 490 12% 8.00 Jun 36% Mar 1,000 Jan 6c Jun 94,800 1,700 4,825 6,625 Jan July Feb 26c 1.10 3.15 Jun Feb 100 5,385 7,600 71,725 Apt 22c 36c Apr 11% Jan 44 Jan 48% Feb 92c Jun 1.80 Jan 21c July May 8,100 Feb 5.00 25c 8% July Feb May 5,000 2.15 Apr Feb 18c 16c 30,350 Mar 58c 18c II,222 7,500 13c Jun May 65c 1,666 50 79c 20%c Jqn 2,000 1,505 Jan 12% 59c 5,000 18% Jun 28% 2,340 . Jun Jun 1,808 - 1.34 July 1.25 Jun 1.50 Mar 90c 16 1.01 6c 29c Feb 1.75 Mar 2.78 Mar July 1.64 Feb 18% Jan 1.25 May Jan 12c 1.10 Mar Jan Feb Mar 1.80 May 4,660 10 Mar 12 % 2,000 1,000 20c Mar 31c 67c Jun 89c July Feb May 43 44 The Commercial and Financial Chronicle (396) . . Monday, July 27, 1959 . CANADIAN MARKETS RANGE Week's Friday Last * River Powell Rouyn Power Corp ; _— Prairie Oil Roy «" — Mfg Pipe Praipe —1 * —-1 * Gold—— —20c * —1 1 Premium Iron Ore Electric President Preston East Dome—— Mines Uranium Pronto — — Airways— * ProvP Gas Producers Ltd— -• * Purdex Minerals Ltd —,—1 Quebec Ascot Copper— Quebec Chibougamau Gold Quebec Copper Corp—— Quebec Labrador Develop- Low High 1,685 35% 44C 1,500 36c 43% Jun Mar 64 64 65 VB 2.50 2.50 2.65 1,500 4.45 5,365 4.05 47c 2.50 July 4.10 5 5 5-% 1.55 1.60 425 4% 1,800 5.80 6.00 22,775 3.75 4.00 12,655 72 c 78C 2,000 May Mar 3.70 Class 5% 7% Feb 8.35 Mar Jun 5.00 Jan 1.10 Jan July 2.85 23,104 2.50 Jun 7c 6 VaC 8C 8,500 6%c Jun 3.30 12c Jan Jan 1 1 * 1 Gas Gold Mines-, Mining —. Petroleum— Queenston 20,515 35c July 76c 36c Jun 77c Mar 21c Jun 47c Mar Union 2,500 5c Aur 7 Vic Mar 4.50 4.70 4,700 71c 75c 18,350 19 21C 31,200 11% Feb 4.10 70c 2,751 18c HVe 352 7.25 Mar 95c July Jan 16% Jun 22% Jan 15c Jan 33 %c Jur 15 % Mar 10% July 12c lie 12c 16,125 8Vac Jan 91c 1.06 94,900 44c Jan * —i , 17c Mar Robinson Unibn Gas Qlass A United Canso United Fuel 75c Jan May 65c Jun 6c 6c Jan 10c Feb 1.49 Jun preferred-— class Little ——-—•—— St St Sand Sarcee 85 100 14c 18,000 33c 36c 14.300 33c 9c 9c 1,500 10% 10% 11 15% 12 % 12c 10c July 14%c Jun 93 . 11% Jan July Feb July 23%■ Jan 12% 1,455 9 Mar 14 13C 11,995 9,1/8 c May 15% 15% 100 18% 18% 3,820 99 99 155 1.30 1.20 1.30 13,225 common——* 13% 13% 13% 4,680 540 9.00 9.00 60C 60c 62c 15% July 16 V* May 97 % Jan 85c Mar 12% May 7.60 May 1,330 (G Mar 56c 13c 17% Jun July 1.30 Wespac Westeel Mar July 16% Mar 11% Mar Western 68c Apr Jan Weston ll%c 3,000 lie Jun 1.07 6,900 94c Jan 1.58 May 60 42 Jan 63 4 16 %c May 31% 2,670 29% Jun 33% 33% 50 33 Jun 40% 41 230 40 Jan 43 Feb Wiltsey 46% 46% 50 45 % Jan 48 Jan Winchester 95c Jan 1.30 12;265 37c 3,000 50c 40c 40c 47c 36,400 11% 11% 1,175 38% 39% 1.07 Jan 33c 1,100 3.25 35c May Jun 3.05 May 1.49 July 80c 7.30 35 .Warrants Feb $6 Jan White Jan Willroy 37 % Mar 2nd Silverwood Dairies class Simpsons Ltd Mines Ltd. A * * _— Siscoe S K D Slater prefert-ed Slocan Somerville 90c 65c Jan 47c July 1.95 Ltd * preferred—— 10c 41 10c 12c 50 51 74 % 73 75 21 %c 23c Spartan Air Services * 4.75 5.00 1.50 1.55 Paving & Materials— Radio Stanleigh Uranium July May 21c Mar 49 Jaii 51 Feb 63 % 18,200 Feb 82 49c Mar 4% 59% * 59% 60% Jun 1.30 Mar 1,566 15c May 10%c May 1.855 Uranium Ltd Mines Stanwell Oil & Gas 19c Nickel Stedman 61 17 1.40 Steeloy Steep 25c May 55c 65c 4,670 45c May 64c 65c 4,450 50c Jun 5 VaC 6c 15,000 39% 38% 40 910 88% 88 V* 89 % 6c 7c 2,500 1 12% 12 V* 13 14,780 Steinberg 1 *j»0 % 29 30 V* 1,220 23% Feb 100 101 101 101 65 99 % May 18c 19 %c 3,500 * ____ Iron class A Preference Sturgeon River Gold Submarine Sudbury Oil __ Gas 1.24 Contact Sullivan Cons ' 66c 2.00 Superior Propane Preferred 25 Warrants > Surf Inlet Consol Gold 82c 2.11 2.28 11% 11% 410 Jan 2.60 Apr 12% Mar 2.20 2.40 43,950 80c Jan 3.30 May 1.12 1.12 1.19 4,625 88c Jan 6%c 7c 2,000 6%c July 27% 28% 7,378 40 40 126 * 28 % 7%c 10 Jan 68% 5%c May 11% , Jun Jan 12c 7,000 1.10 July 8%c Jan 12,000 1.35 Apr 2.65 Feb 2.25 900 1.95 Apr 2.50 Feb 6.10 Jun 8.40 Mar 32% Mar 39% July 6.45 6.50 2.024 38% 39% 7,293 17c Woodward Temagami Yale Lead Yankee Territory Mining Texas Calgary Canada 10.769 16c July 28c Apr 85c 9,000 73c Apr 93c Jan 8,366 5%c 5%c 5%c 3,700 14 14 14 330 6% 7 450 2.75 2.80 860 1.63 1.60 1.65 * Preferred ; Yellowknife 37 Feb 18 V* Young (H 25 6.50 7.50 4 Vac 23% July 1,315 4 VaC 2,000 3,15 Jan 4 %c Mar G) 36 3.50 3.60 4,500 65c 70c 2,600 —* 19 19 39 38 38% 37% 93 Zulapa 18% 18% —~. .—100 — — Feb Jan 28 28 110 27 Jan 32 Mar 6 6 1G0 4 Jan 9 May 75c 78c 3,150 67c July 89c Apr 68c 69c 21% 21 21% 3,865 1.96 1.95 1.99 3,978 2.80 2.75 2.90 10,940 Tidal Petroleums Apr Warrants Dominion Ltd 21% July _. Trusts Works class A 1,421 92% 10 7% 7% 300 Mar 63 1.13 Feb July Jan 44% 34 V* Jan 50 87 Jan 19 590 14% Jan 125 104% Jun 7 Jun 8 100 1.40 1.50 II,390 Apr 44% May 95 24% 108 Mar Apr May 8% May 80c 1,400 65c 17c 10,200 14c 8c 7%c 8c 5,000 5%c Jun 11 %c 14 %c 14 Vac 15c 2,500 14c Jan 19Vic • 28 28 28% 175 24% Jun 28 % July Apr 1.13 2.60 Jun 1.85 July Mar 22c Jan Jan Jan Feb Feb 5 21% 21 % 680 18% Jan 24 % — 10% 10% 11 700 9.10 Jan 13 % Apr • 1.41 1.40 1.49 1,960 1.28 Apr 1.65 Feb 1 A 37c 33c 38c 93,900 20c 7c 7c 8c 5,000 7c 7c 2,000 27,735 97c 112,220 68c _ %—- — . — 1 22 * 1.06 ,_1 1.10 1.05 1.13 1 — 1.15 1.17 5%c 5%c — 22c Jun 41c July 7c July 14c Jan 6%cJuly 10c 1.64 Jan Jan Feb Jan 1.44 May 5%c 2.016 5c May 8c Apr 28c 295/2C 2.75 13.000 28c Feb 40c Jun 2.80 3.750 22c 1.025 2.70 22c _1 — Exchange Shown Are Expressed Sale.Price 2.GO Jun 3.10 May Jan 20c 35c Feb Curb Section — Canadian in Dollars Sales Week's Range for Week of Prices Shares Low 5 Range Since Jan. I Low High 7% 7% 8% 6,585 33 31 % 33 1.875 27 47 47 25 47 5 4.00 3.90 4.00 1,160 ♦ 20 19% 20 3,286 • 38 % 38 38% 260 ♦ 18 16% 18 430 20 16 % Develop • Bank Note ■ Dredging Dominion Sugar common . * Investments Ingersoll . Rand 6% High 8% July Jun 36% Feb 52 May July 3.30 Apr Jan 4.65 18 Jun 27% Jan 28 Jan 38 Va July 18 July Apr * 9 Vb Feb 16% 16 Va 522 9 Vb Feb 16 Va 37% _ — General 38 % 525 32% Jun 38 Va Jun 100 35 Mar 48 Jan 8 Jan 8 Mar 41 41 «... > i - Glass ■ ' ' common Oilcloth Dupont Co Jun 3.25 300 42 Vb 1,985 37% May 45 18c 4.218 13c 25C of 26 V* 26 27 6% 1.20 1.21 74 % May Yukon 93 Feb 121 121 5 36% 34% 36% Paper 32% 31 33 52% * common 55c 10,600 52c Jun 99c 2,700 10% Jun 13 % May 6c 5,666 5%c July 88c 83c 90c 9,500 83c July 9%c 4,000 1.22" 7c July 1.15 1.27 52,450 68 64j 63% 5,017 14 15% 1,800 52% 52% 90 14c Jan Apr 1.96 Jan 35c . Mines — 65 - J Jan 28% Feb Anr Feb Apr May 121 121 July July , 121 July 27% Mar 36% July 31 36 V* Mar July 52% 75 Feb 4 2.60 2.75 884 2.00 Apr ' 43% 44% 765 41% Jun Cons Gold .1 Corp 76c * _ _ ■ _ Jan 1.53 July 51 Jan 80C 36 V* ■36% FOOTNOTES FOR OUT-OF-TOWN • Apr 22 %c • No par Odd value. lot sale d Deferred - « Jun 16 Jun 41% Jan 53 Jun f Flat price. 23 Jun 31 Feb r 40 > 2,500 125 p 53% July 2.95 Jun 50 Jan 60c Feb 99C Jun 35% Feb 40% May CANADIAN MARKETS Ex-liquidating dividend. (Un) Admitted to unlisted wd When delivered, wi When • x , .. ■' ' Selling ex-interest. Cash sale AND t • delivery sale (not Included in year's range).; e / / (not Included in year'i range).-* 68% July 13 Feb Jun Jan 12 % 5 46 Apr 19% 270 — May 92 110 2,095 2.50 — Zellers 8 4.00 Mar 84% July 495 43% Jan Jan 40 2,644 1.21 $ Flour 20 400 ^0 Utilities &• Ontario" Oreille 86 42% Ilr 50 (1956) Preferred International 86 42% 86 ; Linoleum Canada 3.05 * International Paper common Minnesota 1,120 3.05 42 V* 18c * — __ Oil Dominion 6% 6% „ 305 42% — PaDer 1 Dalhousie Feb 92 Marconi Copper Apr 6c 24 34 V* 2,051 93 70c —. 24 2,389 40% 1 class — Cottons Canadian Ogilvie 92% 24 40 V* Feb Mar 1 Preferred Pend Jan • 19 16c Mines American 53c July 36c I™20 I__* Jun Jan 16c Corp Gold 1.87 Jan 50c 6,000 9c 16% Feb 1.06 1.46 A - Anglo Newfoundland 3.70 May 21,030 10 Jan 4.25 1 Par 2.48 53C — Bank Elevators 1 80c Jan 62c ; Mines Toronto General Apr 9 73% 10c Feb __1 Prices 1.95 July 73 52c 2.25 39 % Jun Jun 630 8 Toronto Stock 5% Mar 1.25 60c 60c ' Tombill Toronto Iron 2,500 50c 12% Jan 28 * — Mines- Mining Consolidated 3.80 52c Jan 106% 106% 3.50 * Coast Jan 1.00 12% Jan 4.40 July 3.50 July 65c July —100 Electric Zenith 6%c 100 1 Jan 11 Jun 26 1 23 % July 7.50 July 15,725 • 1.40 100 Metal July 1.15 50c Mines 15% ' 61c Lundmark Park ! Tiara 4,990 1,310 Mines Canadian 4.25 Thompson Thorncliffe Feb 9c 6% July 37 Zenmae Canadian 1.12 92% 2.32 May 2.75 26 Yukeno Mar 4.25 • Jun July 13 37 • —* — —— Ltd Bear Canadian Mar 1.12 100 5c _* Oil—— 11c 4.25 Third Canadian Gen Inv 1.30 26 Vinegars 11% • Mar 1.55 A Zinc & Canada 7,540 Jun 1 common 34c 16c 20 Mines.— 2.10 May 18 V* 6c 2.00 25c — Ltd 20 %c July 80c 1 A class Canuck Yellorex & 17% 1 Apr 4.10 May 2.75 warrants— Canada 18 Vb • Mines 22C 1.50 -* ----- — Stores A Jun 25c 2.85 Mar 68c 17c 6 75 Mar Feb Apr 72 c Bulolo 27c — 6,100 Jun 11c 1.7c * —_ : British Jan 5,500 1 — 21c 4.50 3.50 1.50 * — _— Wright-Hargreaves Dominion common 1,110 1 Yukon & Jan * Gold 50 20,500 3.90 5 5 . 3.60 1 . Jun Jan 78C 5 1.7c 18 %c 3.60 20 % c * * — 6.30 39 0. * — 35% 102 16c .1 Mar July 2.35 Ltd—. class Asbestos • Mines 34 40 2.15 * Petrol— Jan 8,780 23% Jun Jan 2.16 .* —— 15 V* 3,200 23% Feb 25% 31 2.20 —. July 20c __ 1.43 May 10c 2.16 , 2.10 7.25 Jun 1 Jan 7 VaC 23% 1.86 10% 43 % Mar 90 1 common— Teck Hughes Toronto Jun Jan « Industries Voting Trust Taylor Pearson Toronto 5%c 36% 20C .■ 28,586 Jan 2.03 —50c Gold Taurcanis Texaco — Industries Tamblyn Tancord * common. Mar 2.18 1 Ltd - Jan 7%c — Mar. 61c 2.30 1 , ._ Jan 20c Explor Sylvanite 1.31 25 %c July July 2.04 Mines Sunburst Switson 1.11 10,812 11% Last 6c * • Mining Rock 30c July 4.75 July Apr * class Indus Feb 1,080 1,800 53 3.95 * Larder—„— (J) Jun Jun 27c 1 Bros Steel of Canada 57 May 25 % C Friday Starratt Feb 46 Jan Jan 26 %c 1 Jan Jan 6,015 1 Jan 14 200 65c 55c Warrants 55 130 Jan 50c 17 56c —_1 Corp 7% 2.50 22c 47% 16% 65C 26 %c — 110 1,735 May Jun 570 10 %c 10 %c —* 41 350 15c 15%c 30c * - July 20c 1.50 Oils— & Mines Standard Stanrock 25 4.75 Warrants Spooner Mines Stadacona 51 May 2.55 May 10c 26,400 51 39 % July 90c 41 350 22c Jan Jan 1.10 Mar 10,700 • Southern Union Oils 32 100 —1 Southam Stand 41 57 Feb 65c 23,925 50 — 12 Jan Jan 4.50 26c common Mines Wood Jan Mar 6.90 2.03 49% • Jun 28% Mar 47 4.50 Jan May Feb 55 55 49% * ._—• Windfall Jan Jun 11 28 24c 4.45 50 ^ Petroleum Coghlan 1.84 Mar 18c 15,550 1.60 30 Warrants 4.60 33 Vac 2,827 86c —* —— Roi— Van 39% .—1 Manufacturing 28% 6,750 - _1 preferred Pass Class Mines 28% 28% * 29% 1.27 July B 41 3.10 Jun 1.30 -— preferred——, 31 35c 4.35 I,344 - 1 ; (Geo) % % 4.60 1.30 53% May 1,470 1.40 Plywood Co class B 3,700 3.15 50% Mar 4.75 1.30 Mines— Naco Class 50 1 225 4.60 .. Grocers Western lie —-1 52% 4.7-5 Ref Western Leaseholds 1.00 -50 50 50c 52% <_1 —* Mines W) & Preferred 4.90 Standard May Feb 19% July i & Western Decalta Western 4.70 Silver 11c —-—_25 Western Copper common Warrants 48 Mines Mar Jan Products 4.70 Gordon— 60c 15% Malartic Security Freehold —.—— .—* Shawinigan Water & Power com_ * Miller Jun 7,805 West 3.400 Sherritt 16c 19% — — Petroleums 10,025 Silver 9,650 Feb 19 Oil———— Canadian Oil & Gas— lie ——* Mar 52 V* Westburne 38c preferred———— Class B preferred Sheep Creek Gold ; ; 60c 19 % • West 1.48 A Feb 13 „— 37c A——!— 30 %c 8.75 12 % Knapp (Canada) Ltd——1 1.41 Class 1,000 29 Feb 19% Mar 101 <fc 37c Class Feb Feb Jun Jan Equipment Petroleums Ltd— Wayne 1.01 1.41 29c 4.00 17 Jan . Watercus 1 —_.—50c — 15%. Apr Jun 6,738 8% — Prod Amulet Waite Walker 1 Metal; 15c 4.40 10% Explorations Mines 1 Petroleum Satellite 10% Mar 435 110 Weedon Mining 18 99 Violamac Wainwright Jan 125 18% — 1,000 325 ——— 13% Jun 1 — 14,995 20 14c Grey Trust- Webb Jan 12% Ventures Ltd Victoria & Jan 5c _—.———— 13% 20i Jan 11% pfd - Ltd Consol Vandoo May 7.65 Gold— Jan 11% Upper Canada Mines 14C 75% 9.00 Petroleums 307s _ • 54c 1,280 1 Mar ,25 ———50 A - Corp Jun 5,002 18% class United Telefilm July 2.500 ——.—100 Horsey 16,640 12c * * — common Fortune May Mar 9 8c * 29 V* Jan 1 Hill. Jan 93 A_— class Jan 11% — — Inv 24c 8.00 18% Jun 17 Feb 8%c 3,632 17% July 21 July 13c 1 — 20 17 13 %c 1 1.30 Jan 17 _ River 77c 7.80 Gas Debentures Jun Feb May 87% Antonio Gold—: Sapphire 25c 50 20 % Feb Feb 15 18,600 17% 20 8c July 50c 11 14c 1 39 Jan 20c 10 % 7.90 — Shirriff 28c - 30c 17% 17% * Cement "Warrants San 10 25 preferred— Salada 29% May 4,200 91% Lawrence Corp common Maurice 640 31C 10% * — Lawrence 5% 37% 28c 10% —10 —— Ryanor Mining St 36 1G% 50c * Industries. Russell 1.07 Mar —.—.1 Mines. Royal Bank of Canada Royalite Oil common Preferred 600 1 Rocky Petroleum Ltd——— Roe (A V) Can Ltd Consol 15,000 * Rockwin Mines— Rowan 6C 1.10 37 —— ——— Jan 6c 30c A 10 1.10 20 Vs. Jun 11% 12 %C 1 common — voting Steel July 46c 1 60c 18c 19 %C 18c Oils 28c 34,500 —_—;—* 20 common.. 800 4.10 - preferred—. United Jun 11.200 51c 25 B United 16% 36c * 80 c 33 %c 33 %C 4.25 trust— United Corps Ltd class A_— New 16% 1 43 ■ preferred—. United Asbestos United 30c 2 43 % Jun — „.—mu Canada of Feb 49c — Jan Jun 36% 13% 13% Resources '• Acceptance preferred Mar 1 Mines— Roche 2.28 Jun 16 % Uranium Mfg A 65c July 1.55 36c Chemical Athabasca Class 21c * Rexspar Uranium — Silk class A Rix 4,400 1 44 % Jun 35 100 18%c 18%c Line-;— PiDe Pipeline.. Keno 49c :— 36% 75 38 27 % 28% : United 16% Riverside Robertson 500 1.80 — Macdonald Reichhold 21C 1.65 1.81 Mar —* 1 Rapid Grip Batten-.— Rayrock Mines Mining ———; Reef Explorations Realm Reeves 21c * Ltd Mines Oil Ranger 3.015 Jan 80c —1 Pipeline——.— Shawkey 2nd Class Rainville : 14c 37 Ltd— —1 Oil Ultra 12,100 98c 1 Mines Uranium Radicre High 59% May Jan 37 . 40,825 % 38% 56 7%c July Mar 5c 18 1.000 *38 —40 — . 40c 18c 8c 37 % 38% L t Tribag Mining Co Ltd 22C 18j/2 A Trinity Chibougamau 40c 8c . " Prairie Triad 36c 11 % Low 235 . Transmountain Trans 21c 75c class — Transcontinental 5c ' Range Since Jan. 1 High 59 1 — B Trans Canada 37c — preferred preferred : Canada Explorations Trans 21c 4.70 Shares 58 % 58% L —50 Exploration / Finance Traders Apr Jun 5.60 72c Toronto Star Tovagmac Jun 2.80 Mar July 2.68 — for Week Low Par 7% Jan 2.82 35c Feb 4.55 Jun 1.50 5.95 70 61% Jan 305 3.90 Sales Range of Prices Sale Price ' 37%, 4.10 — Quemont Quonto High 1.55 Week's Last 36 39c 24 Range Since Jan.1 44c —-— Quebec Lithium CorpQuebec Metallurgical Quebec Natural Shares 371/e Prospectors JULY for Week Low Par Powell ENDED Friday Range of Prices Sale Price WEEK FOR Sales • •' „ "w .• (not Included In year's range). issued, Ex-dividend, y Ex-rights, z Ex-stock dividend. trading privileges, Volume Number 190 5867 ... The Commercial and Financial Chronicle (397) NATIONAL LIST OF OVER-THE-COUNTER Quotations for Friday, Jufy SECURITIES 24 The following bid and asked quotations are obtained from the National Association of Securities Dealers, Inc., and other selected sources. They do They are intended as a guide to the range within which these securities could have been sold (indicated by the "bid") bought (indicated by the 'asked") at the time of compilation. Origin of any quotation furnished on request. The "National" list is not or represent actual transactions. which have a composed of securities wide national distribution. Industrials and Utilities Par AerovoxCorp Air l Products American Bid Par Board 12% 55% 59 Green Mountain Power Corp___5 Grtnnell Corp__ ___• 1 Co n% 39 41% Grolier 26*4 Society Gulf Sulphur Corp 23 24% Gustln-Bacon -___io 78 81 ¥2 Hagan Chemicals Greetings CI "A" 1 Amer Hospital Supply Corp...4 American-Marietta Co 2 41 44 Haloid Xerox Inc 393V 42 ¥2 Hanna (M Co class A 43% 46 % 50% 54 % 19 21 Amer Cement Corp 5 Barge Line—5 24 Va Amer Commercial American Express Co American American Pipe Amer-Saint & Const Gobain Co 1 Corp 7.50 AMP Incorporated 1 Anheuser-Busch Inc__^___^___4 Arden Farms Co common.; _i Partic Public Service 40% High 25% Hilton 19 ¥2 21 Hoover 57% 61 28% Hudson 32 iu:i;, 17% Hugo ton Gas Trust 22 % Hugoton Aztec Oil & Gas Co Bayless Bell (A & J) Bends Co_. Hathaway Black Sivalls Borinan Power & & Bowater Inc Brown & Brush Riirndv 1 35% 38 Engineering Corp...* lg 13% 10% Indianapolis 17% 56 Bakeries Interstate 45% - Uiieistat.e 15 - Interstate Motor Investors 11% 60 Class Diver A 35 Iowa Public 24% T^wa 19% 21 Itek 7% jade & ADR 7V'8 7% Jamaica 18 Jefferson 1 55 Co....• 5 Co__15 Inc_ (H California _______ M) Interstate Tel Supply 56 ¥2 14 Va • 43 ¥2 17% 19% 9% 10% 15% 16% Kearney Oregon Power Co__2a 37% Steel Water Co__25 26 Va 26% 27% I0c 714 7 ¥3 of Calif.l 16% 17 ¥2 60 63 % Water Canadian & Service Telep Co 5% _\^1 ___26 . Corp Delhi Oil Ltd Canadian Superior Oil Cannon Mills Carlisle Corp.: class B 25 com 1 Ceco Steel Cedar Products Point Field Central Electric Central 111 Central Gas 21 .10 33 Gas Co_______5 Louisiana Electric Maine Power Central Public Utility Corp Central Vt Pub Co—.10 • Chattanooga Gas Co Citizens Otil Common Clinton Co States Collins Radio Colonial Stores Colorado 13% Interstate Gas Co $1.25 conv preferred Commonwealth Gas Corp Connecticut Light & Consol Frelghtways. Consolidated Ling Cross Detroit Intermit Chemical Diebold Inc Donnelley Arts Duffy-Mott McLouth McNeil 8' 3 2414 25% 24% 26 17% 12%. 11% 13% 17% $1 Co Eastern Utilities Class *'"•<= Gas A 46 Va Nuuonal Class National New 23% 29% 37 40% 17% 18% 23% 28 ¥2 (Texas) Fisher Natl 21 ¥2 11 11% Old Florida Steel Mart 36% Pabst 18% Pacific Tall Otter General Gas Co Corp River Corp 22 24 % Pendleton 19% 21 Pepsi-Cola 11% 12% Permanente Cement 19 20% Pfaudler-Permutit Tool 0¥a i57/8 9% 10% of Natl New Bk of -13 ¥2 21 First First National 45% 128¥2 First . 50 133'/a 245 10 of (NY) 10 Co 4¥s 4% 35 ¥2 Island of City Bank Comercial Trust 55 ¥2 29 31 ¥2 .39% 247/„ 58% 61 ¥2 30 32% Detroit 159 167 72¥2 68 47 50% 100 ¥2 103 V2 10 55 ¥4 58 ¥2 Westchester.5 27¥2 293/a (Cleve > 16 81 7.50 Bank & (Albany) 31 34% 25 61 ¥2 63 Natl Shawmut Bk of Boston.12% Natl State Bk of Newark 12% 49 ¥4 52 ¥2 54 57 ¥2 New Eng Trust Co (Boston).100 36 Jersey Bank & Trust Co.ll 30 ¥2 York Newark Essex & Banking Co (N J)_. Trust Tr 90 ¥2 94% 347 37% 40 Vs 63 67 67 71 ¥2 Co 1143/4 520 556 Bk Tr A (Pittsburgh) (Hackensack 20 673/4 22 24% 10 42 3/4 45% 20 543/4 58 5 J) Bank Tradesmen's Trust 64 ¥4 Bergen Ctty N Philadelphia Natl Provident Bank (Philadelphia) Republic Natl Bank (Dallas)—12 Rlggs Natl Bk of Wash D C_25 Rockland-Atlas 40% 111 Peoples Tr Co of & (N Y) 33 25 (Chicago)—100 Co Peoples First Natl 42 332 10 Natl 88 923/4 160 175 Bank of Boston 10 44 Royal Bank of Canada 10 Royal State Bk of New York—5 Rye National Bank (N Y) 2 .18 48 ¥4 95% 99% 20 9 ¥2 10 ¥2 of —25 St Louis__20 68 88 3/4 48% 513/4 — of St Louis Union 1st Second Bank-State Trust 10 . 37 40% Long Y__ CO -8 via 37 20 83 (Wash)—20 117 Trust Co Seattle Natl Bk 20 Mass*) (Boston 873/4 123 Street Natl Bank of Second Phila—10 First Natl Bank Security Bank _ Bank 72 ¥2 85% (Philadelphia) __10 Natl N Co National 393/8 52 (Jersey City) .25 Bank Rochelle— Franklin 21% 76% Trust Dallas Westchester.Natl New 89% 72 6¥4 of 35% 106 83 ¥2 (Minn)—10 & 397/« 33 101 ¥2 City Bank (NY)„20 Pennsylvania Banking 20 25 ¥2 18% 258 3 6 ¥2 (NY).10 County.. & Trust First of Bank Northern of Chicago—100 Bank 32¥2 23 28Vs 25 Bank New J) Natl Bank 35% 109 30 30% Boston.10 York National 38 % Bk of Ask 5 National 39% Tr Co Bank Bid 102' 5 County N Y Mellon Natl Bk&Tr Co (Pgh)_25 Mercantile Tr Co (St Louis)—25 36Vs 86 ¥2 35 v 91% 383/4 (Ixw 63 ¥2 66 23 24% 45 ¥2 47% 44 46% Y)—-10 28 ¥2 31 ¥2 2% 9% 10% Angeles) 12% Security Natl Long Island N Y.5 State Bank of Albany 10 Sterling Natl Bk & Tr Co 27% Glrard Trust Corn Exch Bk_.-15 York-.10 56% --2 7% 27¥4 29 1 21% 0 28 30% Industrial Bk 534 Industrial Natl (New 593/4 Trade Bk 22% 25 York) 56% 53 % Electric Co.7% General Corp Serv Co of Serv Co rotttsn Pubco 23 Nassau 36% Plymouth Rubber Co Pub 63 i47/8 Brook Natl Bank of 5 (N Y) Bank Natl 20 (Buffalo) (SF)-lO Hudson Pub Co of America Properties Inc Petroleum 10c —1 New Hamp 8 of New Mexico.—B Sugar Ltd 23% ■ 13% 59 , Trust Meadow 101 42¥4 . 42 ¥4 33% ?a% 29% Plains 39% o^Hand 22 (White —.• Portsmouth _ 22'% 12% New 95 Co_12¥a Trust 87% 338 26% 25 J Tr Harris 40% 1 318 Hartford Natl Bank & Tr Co..-10 20% Co.—B 82 :.50 11% 23 Brfcc 26¥2 National 37% 19 Mach Tool Co_2 46Vs 10% 21% Fire 67% 43% 35 26% P> 45% 20 66% 8% 20 ¥4 (A 63% Pickering Lumber Corp Pioneer Natural Gas Co Producing «jreen 42 ¥2 13% 7 Olddlngs&Lewis Glasspar Co Natl First '—10c —1 Manufacturers Tr Co (N Y)_10 Manufacturers <fe Traders .64% 27% 38 * 37 299 (NY)__10 12% 11% 1 46 Vs Par Kings County Trust Co (Brooklyn N Y) 20 Liberty Real Estate Bk & Tr Co (Philadelphia) 10 Long Island Trust Co 5 (NY).12¥2 26 ¥4 10% 20 14% 34% Morgan Guaranty Trust Co 1 10 21 Co 8% 13 Companies 46% Bottlers—1 General 6% Cement First Co__70c 1 Mines Corp Indus 50c 447/8 (Chicago) .25 Co 5% 43 '' 41 ¥2 Electronics—90c Sulphur Industries—1 Zapata Off-Shore Co— 43% (Atlanta) 10 First Natl Bank of Boston—12Va 11 Line Uranium Consolidated 1 42 Phlla.10 Bank 39 ¥4 Pan 8 10 Merchants 10 & (Camden N 12 Hannifin 51 ¥4 National Natl Natl 18% Parker 19% preferred Co 11 % 84% 49 % 8% Co 33 ¥4 33¥3 First 17¥4 61 ¥2 2.50 Portland 19 ¥2 8 81 17% 46% Company Wyandotte Chemicals Corp 31 — Camden Robinson Co—5 Power & Light Co American 481% Natl 58 27% 16% 5 Cleve—18 Bk Co Bk 61 Natl Mercury 44% 26 10c Timber 5 J) Bank Stk Corp First Pacific 31% First First First 33% 41 ¥2 1 48% Co Fiduciary Trust 12% 5% 31 '4 8¥4 20 Vs >21% 1 Cos Co Oil Co Corp Conversion Co 13% East (Calif) 5% pfd 20 Telep Co of the Southwest 5 ¥2% 64 V2 A County Trust Co 5 10 ¥2 Far Telep 61 ¥4 Fidelity-Phila Trust Co 20 Fidelity Trust Co (Pgh) 10 Fidelity Un Tr Co (Newark)—10 12% Gamble 10 ii 7.50 Gas 45% Bank Empire Trust Co 1 Corp Pacific Telephone Co 10 of York) * Co Pacific 10 19 33¥3 8 Co Pacific 1 Co pfd_* 19 Gas 13% • Packing Service Co 23¥4 5 Co $4 53 & 93% Crocker-Anglo Natl Bk Corp——50c 22 ' 7% 18% 70 ¥2 of Bk Exch Federation 12 % 9 75% 70 Fairfield 49% 21 -34% l97/a 90 (N Bank Trust 14% Co Airmotive 1 • 66 (Chicago) 23% 2 Co. Gar tack Co County Passaic Brewing 32¥4 Transport "A" Eagle Yuba 67 19 ¥2 1 Ask Bank Bank 24% Corp Power 63 10 Manufacturing Co.* 24 ¥2 111 Bank & 13V2 20% 8% S (Phila) Co Trust 21% 1 Inc 14 ¥4 5% 12% 34 16% Olin 62 • 10 16 Continental 27 ¥4 39 ¥2 • Foote Bros Gear & Mach cl A__5 Class » 5 Bid 10 (Savannah) 22% 1 .. 8% 21% 42 Southern & • . _10c Corp 13 % 1 187"8 2.50 8 ¥4 20 286 Connecticut Prod—10c Ben Coal Corp • Oil & Gas Corp 1 22 % & Commercial Trust of N 22% 45 ¥2 58 Co. Weyerhaeuser 18% 100 Co Natl Corn 8 Assoc 1 Brothers Co 28% 18 Va 20% 17% !$2 Transmission Point 17¥2 (Newark) .25 City Natl Bk & Tr ¥2 3 43 18% 29% Wisconsin Power & Light Co_10 Witco Chemical 5 5% 17 ¥a 16% 5 Wurlitzer Commercial Bk of North Amer_5 25¥2 8 ; Co Miss Bros Westcoast Wood Cleveland 77 ¥4 Oklahoma Watson 14 16% 1 Shops of Del—1 Nuclear-Chicago (S D) 16 24% 22 Natural 39 Washington Natural Gas Co Washington Steel Corp 32 ¥4 19% ,2 Northwest 36 ¥2 Co National 24% 23 ¥4 Water Warren 13 (N Y) Manhattan Bank 32 ¥2 72 20 % Mortgage Assn_100 Corp.—_ 10 27 99 26V2 2¥2 1 Co Fisher Governor Co Giant 15V2 18% 25% Natl Citizens 12 Va Pacific Federal First Boston Co 7% Oil Equity Oil Co Frito 5 V2 30 ¥2 11% 11% _2 Co Chase 6 21 ¥2 Gas Brothers 30 6Yt Co Trust Centl-Penn 69 ¥4 1 Petin 247/8 1 Whiting —_—lc T N National Trust Central 30% 66 Camden 25% 10 Indust American Coal Northeastern 23 Co 29% 5 22¥2 79% 27¥2 20% Gas & 51 ¥3 5 20 Trust St Broad 5Va Oil Warren Swasey 27¥2 Louis St 17% Nortex 1 E'mhart Mfg Co Gen 76 1 ; Elec 47% 1 White Virginia 5% Line Co.5 Pub Serv 19 % of 5¥s 50c & File & 35% (S F) Commerce Boatmen's 4% North 21% Gas 13% 5 .1 6 33 • Co America Bankers 16 ¥2 51% 2Va Shirt Warner 1 Francisco) 14% 1 48 9% of Chem pil Corp Thermador Norris North 50c Bank 32 ¥4 7% common.— Eng 31% Inc Trust 34 Va Corp A com_50c & Homes B Nicholson 29% 8% Gas National 41% Assoclates___10 ¥2 5 Nalco Chemical Co—: 43 Inc State 28 ¥4 43 I American 13¥2 2 Supply 33 y4 12% 50c Natural 6% 56%. 311/4 Grocery Co Massachusetts Par New 38 V2 Laboratory Inc Electric Precision Fuel Mountain 32% 53 Corp of Amer Lt Corporation (San 1 — Co_ 30% 12% Co—9 Associates Vitro Von's Bank and Trust 45% 5 Inc Pipe Utilities Varian Western Corp—1 V4 Inc— common.. 22% Valley Mould & Iron Corp Vanity Fair Mills Inc _1 Co 331/2 21 2% Western Inc. Gas 10% 31 Co Western Corp Refining Syntex Oil 53 1 Service Propane 31 ¥2 Miller 40'4 Co 62 Southern 43 ¥2 ._2% ~ 36¥a 5 Co Broadcasting Gas Utilities Co Laboratories 5 Electrolux Corp__ Empire 26 ' __2 Nat Industries Pood 42 ¥2 2% Eng—; & Publishing Mlehle-Gross-Dexter Co..5 _. Gas lc Steel Corp America— Eastern Paso 28 •72 preference., Electro-Voice 14 ¥4 26 1 _ Tennessee Economics 13% 2 Dynamics Corp of East 13% 2u% Inc Greene Suntide 14% 15% Co Basil Duriron 9 ¥2 28% Bradstreet Inc & .Dunham 8% 14 Sons ¥2 Utah 49% 1.25 Corp.— 57/3 10 y8 Universal Match Corp Upper Peninsular Power 39 ¥2 Corp—1 1 Co 1 Corp.l States Sugar Corp 1 States Truck Lines Inc.l United Utilities Inc 10 5 Delaware 29% Machine Michigan ___1 & Chemical .3 Corp Metropolitan 27 ; II) Hotels 1 L) 22 —1 j. (11 41 58 Corp 25 Shipbldg & Dry Co_50c Meredith .*-16%. , 39 —1 non-voting. Bank 13 8 1 1 .■... 14% 28% Corp 5 Inc Steel- 13 ¥4 Herrlngton Co Inc.: Marquardt Aircraft 20 .——_—5 9% 1 Marmon 50% Bridge Co—.1 Corp 26 ¥4 40¥8 of Missouri Dictaphone 24% 8% of New York Missouri-Kansas Di-Noc 1 37¥2 Bank 19% C©__ 17% 10 Bank 21 Harvester 10% Co_ 15% 19 17% Detroit 9 ¥2 16¥a Steamship-—2.50 Mfg & 21 Corp 86 Detroit & Canada Tunnel 26% 58 ¥2 19% 26 Machine 24% 55 1 Marlin-Rockwell 12" 1 50¥a 2 ¥2 14 48 5 47 1 Co Co 54 Inc Industries Specialties 5 Darling (L At Co ..1 .Delld-Taylor Oil Corp .1 Dentists' Supply Co of N Y__2% Gen I Prods McLean ,1 27% 24% Register Suburban 31 Va 90% vtg 21V8 20¥2 22% 1 Monogram Danly Gas 29 • 11% Ltd 19¥4 25¥2 Co—1 Co Tel Leasing Servateria United • 1 Elec Lt & Pwr Co_5 States States United 1 25 28% 34% Common El 1V4 27 ¥4 10% Engine Co Inc Laboratories com vtg Cutter 19% 5 Gas United United 2¥2 Electric Co—16 & Auto 24% 1 Cummins Dun 27% 33% 31% Refrigeration Corp Craig Systems Inc__. 1 13% Co 29% 1 1 Copeland . 98 Co Gas 22% Inc.l 18 13 _10c Tucson 7% 94 V4 Company.——5 Transp Lines 16% Co Supply Co Gas 43/3 3 7 ¥4 Co (W „ 39 Trans 37/3 9 ¥4 8% 7 cl B—5 com 1 Co 23% 50c steel Maxson 5 22 ¥« 34 Electronics Star Maryland .2.50 29% Stores 14% 1 36% Power Co_* Products 28 34% 27 Service Pressed Suburban 20% 13% Mfg Co : —1 -aumeapolis Gas Co —__—1 Mississippi Shipping Co 5 Miss Valley Barge Line Co.,—1 Mississippi Valley Gas Co _5 Continental i Rock 18% 1 38% 1 23 Va 32 ¥2 Co E) (A Fruit Stubnitz , 7 ¥2 6% 25 26 ¥4 21% Co„ Gas Electric 44 lc 34'4 5 41 1 Co 36 Colorado Milling & Elev Co 1 CoIorado"OH & Gas Corp com__3 12% Plus Blower 1 2% 11 ¥2 8 1 Inc 38% 25 Maremont 14% Prod 24 ¥2 141/4 36V» Strong Cobb & Co Inc Struthers Wells Corp 16 Vs Frary & Clark Macmillan 6 % 15% 1 Co Madison -5% common 1 Pipe Line Corp—50c 573/4 664 14% Corp Gas 12% Tractor ¥a 54% *13% 25 Producing Carbon Stouffer 31 ¥2 36 ¥4 3 Co Stores Inc— Ludlow Mfg & Sales Co: 22 33%c Co Cem Lucky 25% 20% _i B Engines Coastal 23% cl A__33%c com class 62'4 6 Corp Portland Inc 15 ¥4 29 10 1 Co Lone 40% 10 Co Serv 3 ¥4 10 Lilly (Eli ) & Co Inc 26% 36% 0 Corp„ Inc Utilities Co Liberty Loan Corp 50 Vb 25% Trecker & Gas_5 Lanolin 16 ¥4 47 Co_5 Central Central Soya Co_ Central Telephone 15% 11% * Eng Tel Co Stepan 44% Lau — 30% 1 10 Co_10c Devel Water Statler 41% 41 ¥2 Natural Landers 35 ¥3 Co 38 ¥2 Toohrlng 22 ¥4 153/8 28 ¥4 71/2 Serv States Common 26% Kratter Corp class A 5 ¥2 3% 56 Keystone 32 % 4% Gas Co Elcc & Indiana Central 30'A Trust ctfs & 23% 14 ¥4 1 Co_ Stanley Works. 24% Ketchum 47% 22 ¥4 1 Stanley Home Products Inc— 6% 53 ¥4 Kentucky 29% 431/2 10 Corp 27% 1 Carpenter Paper Co • Towmotor Corp Tracerlab Inc Drug Inc West 28 • common preferred Kennametal Pub Elec Standard 8 Va Kansas-Nebraska 27% 12 % Calif Corp Topp Industries Inc_ 17% 7 % 1 $1.46 39% California 68% 9% Union Standard 46% 16% Jessop Steel Co California 66¥2 9¥2 New Stand 61 13 % 5 Co__ 64 5 30 Vs 1 Colorado Po.vver Co Nevada Power Co Staley ¥4 1 _: Jervls Corp 32% 60% Co_I__—10c & Time 9 Calif Sprague 19% 31 .1 59 30 Kaiser 18 ¥2 29 ¥2 Kalamazoo Veg Parchment Co_10 Byllesby 67 2 Shore Oil & Speer Petrochemicals-1 Electric Lake _J, Castings 28 1 Co Southwestern 288 1 Jefferson 35% Co Utilities Water 16% Co Service Heintz 33 >4 .10 273 1 Corp Inc.—„I 8% • 2 Cable Southwestern Inc— 24% • Thrifty 5 Power Gas 23 Thomas & Betts Co class A Three States Nat Gas Co Corp____ Southwest 24% 12 8% Southern 18% 23 15% 8% Southern 16 17% 1 38¥4 1 Southern 21 14% 44 11 20c Southern ¥4 47/3 41 14 Co & 10y4 43/3 1 63 ¥2 Southern 25% —5 Co Services Southern 19% V4 dys.l Freight common 2314 Inc Corp Corp Securities 10 Steel 26% Tnt*rstsile Co Pacific gy2 l 35% & Co— Southeastern 34% 25% 21% preferred—25 Beryllium Bullock's 31 ¥2 • Inc Water & 32% ; Sharpe Mfg Co Buckeye 1 1934 Gas (G D) South 68 Mills Head 1 Inc Skil 7% 64 Indian Bantam Simplex Wire 72 ¥2 6% 1 Gasoline Corp 43% 1 Petroleum Sierra 13 69 1 1 1 Bryson $1.20 ll7/a Co.. 24 Liglrt Co__l Paper Corp Bowser "units" Production Husky Oil Co Natural 97% 1 Seismograph Service Corp ¥2 6 Water Co——10 International Textbook Co • 42% Manufacturing Co__2¥2 Corp__ Searle 29% 75% 5 . Stores Industries 5% 27 ¥2 1 71 * Foods Botany Inn. Corp Bills Mat—1 common 12% 1 Bag Co Corp Berkshire Black A 18% 25 Bros Beneficial Beryllium 32 ij34 10 __ Thermo King Corp Jacinto Schiela 19 ¥2 29% 17% _l 69V2 San Pulp & Paper Corp— Class Indiana Markets Gossert 18% • Gas.. Field 1 1 Texas Sabre-Pinon 10 Bates MIg Co Baxter Laboratories! 17% 541/2— Tokheim 64 1 29 140 —2% Transmis 16 ¥4 25c Ryder System Inc 13 Va 28% 20% 24% 22'/a Roddis Plywood Corp Rose Marie Reid ; 36% Co—5 134 23¥4 20% Eastern 50 134 34 Co...10 10 31 y2 Corp 65¥a 131 12 Va Gas _io 29% Texas 1 111 60 Natural Corp__ 67/a Corp_7 Texas 111 Nat Gas Pipeline Co_l Tekoil 49 ¥» Co 127 A—— Oil Spring 6% 18% 46 ¥2 Myers Inc—_____ * 125 Corp..——.1 class Houston Products Inc. ,1 16% (H-H) & 10 Engineering—i__l Co Houston 1 40% Co Industries Inc Texas National Petroleum com_10 Houston Corp _ 92 y2 5 Rice Mills Inc—3¥2 Rockwell Credit 23% Corp Robbins Robertson Voltage 40% Associated Avon 37% Construction Metal 1 Tappan 3 Roadway Express class A 3 ¥2 38 ¥2 32% Ask Tampax Inc 31 y8 12% 22 % Western Art 3 36 Bid 53 ¥2 29 Texas 14% 38% Arkansas Par 49 ¥2 2 12¥2 105 ; r. Ask 5 Corp Brand Bid 37 ¥2 11% 5 Power River 13% Co__5 Missouri Stoker 30 ¥4 1 Co 5 common— 23% Co_; Arkansas Arvida A) B Riley • 185 35 ¥4 2.50 Controls Va Hearst Cons Publications cl A-25 Helene Curtis Ind class A __1 _* preferred Arizona Class Corp & Purina Richardson Co 21 175 10c Mfg Ask 19% 1 Par Republic Natural Gas Co Bid l Inc Box Ralston Ask i . * Punta Alegre 3' % Purex Corp 30 ¥a Purolator Products Corp„—1 1 . 1 5¥4 , 6% 19 % 30% 9y8 26% 38 8 ¥2 7 Bank Hanover & Tr City Tr. New (Chic)...20 Bk Sav County (Jersey Hudson of National Bank 35 ¥4 Co of Tr Co New (N Jersey 373/4 Union 1 .25 (Union Trust & 66 71 ¥2 17 18% Bank of Commerce— States Providence of Int'l 10 Irving Trust Co Bank Trust Y) .10 I — Co (Wash 40 .10 (Phila )_—5 D United 44 ¥4 47 Valley Nat Bk (Phoenix 21 33 36% Y)—20 92 3/4 96 ¥2 Ar1*)_5 49 ¥4 52% ¥2 22 ¥» 23 1 13 ¥2 14% .10 C)_ (N Y) footnotes 8tates Trust (N 44 41 ¥2 43% 28% For 51 ¥2 *0 T^ust Co— of Bank R Industrial 32% (N Com 56 10 (Cleveland) United (Boston) 20 V2 40% 104 City) _8 J) N Co 97 > see preceding page. Bank & Trust Co— (Winston-Salem N C) » Wachovia 20 45 The Commercial and Financial Chronicle (393) NATIONAL LIST OF OVER-THE-COUNTER Quotations for Friday, July SECURITIES 21 Insurance Mutual Funds Abei 25c Fund teen Bid P*r Fuado— Mutual 2.25 rntl 2.47 7.35 1 American Investors Fund _1 American Mutual Fund Inc—1 Anier Rese irch SiDevelopment.* Associated Fund Trust.,, * Atomic Devei Mut Fund Inc_-1 Axe-Houghton Fund "A' Inc—1 Axe-Houghton Fund "B' Inc—,5 Axe-Houghton Stock Fund Inc_l Axe-Science Si Elect'ni'cs Corp-lc Axe-Templeton Growth Fund 4.32 10.59 Business Shares American Ltd Canada Slue (Investment 5.99 6.51 B-2 (Medium 9.74 B-3 (Low 4.73 5.17 B-4 (Discount 13.57 14.75 K-l 'Income 31.96 34.93 S-l 14.56 American 14.19 American Surety i 14.21 15.57 15.08 Bankers 1 7.97 3.71 uiu — — Inc- 15.34 9.74 -J Lazard 10.66 9.47 10.24 13.23 14.46 11.95 12.92 16,(00 J Life 135 % 21% 23.02 21.12 7.65 19.06 12.97 9.62 10.54 21.67 22.20 Trust Fund 16.36 Inc.. 10.50 al4.76 14.91 16.21 —* 1 Electronics Investment Corp—1 Energy Fund Inc 10 Equity Fund Inc_; —20c 17.69 11.52 Wide Inc. 20.72 22.41 Corp—— 13.63 14.74 Securities Balanced 25.23 25.09 26.83 7.58 3.28 21.27 21.43 8.34 4.02 Co 11.14 -— Series Income Series—— Growth 8.64 New England New York 9.89 21.74 23.50 14.06 Capital Fund 1 5 Fiduciary Mutual Inv Co Inc—1 12.50 13.59 17.17 13.56 18.05 19.51 Fund Inc.l 4.70 5.15 One 10c 1 6.04 6.61 Over-The-Counter 2.71 2.96 • 11.03 12.04 Fidelity Capital Fund Fidelity Fund Inc Industrial Financial Florida Growth Fund Inc Fund Mutual Florida Inc Mutual Fund— Founders Funds Inc— -lc lc Fundamental Investors Inc..—2 6.11 22.09 1 2.33 2.53 :-l 17.49 18.91 1 7.41 8.05 12.39 13.60 series Inc—— Futures — General Capital General Investors Trust Corp Pioneer Price —lc shares Electrical Building Fund (T Rowe) 10.61 11.62 Quarterly Shares—lc lc lc Equip shares Growth Fund 11.27 12.34 Scudder 8.18 8.97 Scudder 8.60 9.42 Fund Dist Fund of Canada Stevens &i 6.23 24.47 9.82 40.94 8.96 Aug. Sept. Feb Federal 9.12 Shareholders Trust of Boston—1 11.81 Aug. 4%s 4s 1 15.78 9.05 9.92 Southwestern 1 14.35 Sovereign 7.78 8.11 13.66 14.95 6.93 7.60 lc 10.66 11.68 . shares— Petroleum Inc. Investors Roe 10.50 15.35 Corp..* 16.81 40% & Farnham Balanced 1 a38.12 2.28 2.52 Sterling Inc.l X12.71 13.45 6.93 7.60 Television-Electronics Fund 1 16.56 18.05 lc 10.66 11.63 Texas 1 9.86 10.78 -lc 11.69 12.30 Townsend lc 7.91 8.67 Stock shares Railroad Steel shares—— — shares Tobacco lc 11.47 20.01 20.61 1 21.31 21.96 10c 5.32 5.81 Guardian Mutual Funds Hamilton Series United H-DA Inc Fund Inc U S Fund—.— Funds United Continental United Inc Fund Income United Science 5.26 1 a26.60 2.63 2.83 Value Line Income 1 8.48 9.27 Value Line Special 1 9.84 10.75 Income Fund of Incorporated — Boston Income Incorporated Inc Fund Investors Institutional Shares Institutional 1 10.21 11.04 12.91 14.12. lc 11.21 12.26 Fund.lc 12.00 13.13 Institutional Growth Institutional Income Fund Institutional Fund lc Fund Insur Fund Funds Value Line Wall Ltd— Bank Foundation Fund Inst United lc 6.97 12.90 Whitehall Fund 4.01 1 8.30 10.82 11.83 British Bid Petroleum 6s—1980-76 Burlington Industries 41/iS—1975 Canadian Pacific Ry Corp 4Vf»s Vought 5%s Carrier Chance Commonwealth El Paso Oil Natural 57 134 — 1 • 12.86 13.93 14.74 16.07 1 13.25 14.32 1 6.37 6.89 1969 94 —1982 99 1977 5%s._1977 96% 101 103% 105 131 135 5%s 4%s Co Petroleum Public 5%s„. Service Electric 119 122 1976 115 116 1977 140 144 Southwest 1982 204 208 Sperry Rand 5%s 1989 103% 104 Long Island Lighting 5%s__1989 103% 104% Fruehauf General Trailer Port 4s Cement 5s Gen'l Tire Si Rubber 6s Idaho Power Lowensteln ww 5s (M) Si Sons— 4%s Mallinckrodt 5%s 88% 90 1992 Texas 5s—1974 106% 5%s Amer 107% Underwood 1989 99 100 U S 1975 84 88 West Penn 1976 85 8B Westcoast Can 5s Illinois Gas 5s 1984 104% 104% 1982 104 Va 113 104% 30% 50% 32% or 32nds more of point a Bid for Aug. 3.50s 3%s 3, Oct. 1959 99.31 1959 1, 99.28 1979 1, 1959 100 2 100.5 Feb 1, 1960 100.2 100.4 100.5 Federal Land Bank Bonds— 1%S Oct. 20, 2%s Feb. 1, 1960 99.28 99.4 3%s Feb. 1, 1960 99.16 99.24 100.2 3%s April 20, 99.12 99.20 100.1 2%s June 1, 1960 3%s April 3, 1961 4s Sept. 20, 100.2 96 100 99.30 99.27 . 99.30 99.12 I960 . 12, 1963 10, 1965— 1968 92% 4%s April 10, 1969 99.31 100.2 99.14 1959 1960 98.12 , 98.4 93% 1969 Bid 1, Aug. Nov. 3%s Feb 5'/as Corp Power Trans Stores 5V8s 5y2a 4%s 98% 99 100 101 April 90% 91% Oct. 1, 1970-1967 99 % 100 % 1, 1971 90 91 95 96 92% 93% 1970 1, 1972-1967—-. 15. Sept. 15, 1972 Ask 4s May 15, 100 1959 99.31 3% 100.1 May 4s Aug. 1, Oct. 1, 99.24 99.28 3%s Feb. 15, . 100 " 99.16 100 4s Feb. l%s 99.22 100.2 Aug. 15, 1962 l%s Oct. 1, 1962 99.28 1, 4s 98.22 98.28 3%s 1960 99.9 99.13 2%s Feb. 99.3 99.7 IV2S 100.7 100.9 w i 4s Nov. IV2S Oct. 96.12 l%s April 97.24 97.28 93.16 93.20 90.16 98.12 98.16 39.4 1.J963 4%s May l( 87.16 1964 15, 1964 w 100.6 L Dated - Due Bid Ask Bid Due 116 104% Dated 3-58 8- 3-59 99.31 100.1 3.75% 4- 1-59 1- 4-60 99.24 99.27 12- 1-58 9- 1-59 99.30 100.1 4%.% 5- 4-59 2- 1-60 99.25 99.29 3.45% 1- 5-59 10- 99.31 4Va% 3.45% 2- 2-59 11- 2-59 99.26 99.29 4.45% 3.75% 3- 2-59 12- 1-59 99.26 99.29 4% % < 1-59 99.28 Bid July 30, 3- 1-59 6- 1-59 7- 4- 3-59 18- 5- 1-60 4-60 2-60 1959 99.979 1959 99.931 99.981 99.085 1959 98.978 99.010 98.893 98.927 99.938 November 19, 99.882 99.894 November 27, 99.850 December 3, 98.839 98.875 99.785 99.806 December 10, 1958—— 98.776 98.814 99.736 - 99.752 December 17, 1959 98.697 98.737 98.652 98.693 98.633 98/675 1959 1959 J December 22, 1959 1959 99.603 99.617 December 24, 1959 September 21, September 24, 1959 99.561 99.577 December 1959 99.525 99.541 January 7, 99.450 99.463 January 14, 1959 8, 1959 15, 31, 99.382 21, March 99.217 April 99.144 July 15, 15. 1959 — 98.194 1960 I960—. — 125 123 •No 100 102 a 105 106 1988 91 1979 115 94% — Net par value asset value. k Admitted to listing Exchange b Bid yield price Stock d the New York x 98.223 98.11 98.136 97.291 I960—. 97.005 95.890 1960 Ex-rights, t New on 98.243 1960 FOOTNOTES FOR OVER-THE-COUNTER ISSUES 114% 1971 98.613 98.333 93.205 103% 1989 93.570 98.296 1960 15, January 99.275 99.191 ; January 99.342 99.116 1959 November 5, 1959 29, 99.402 99.256 22, — 1960 99.320 1959 1959 1970 Ask 99.055 99.694 October 99.31 100.4 1959 12, 99.681 October 100.2 Yield Price Bid November 1959 1, 99.27 99.833 1909 October 99.30 100.2 Treasury Bills Ask September 10, September 17, October 99% Ask Rate 11- 3.50% 13, 104% 87.24 3.60% August 84 89.12 100.8 Federal Intermediate Credit Bank Debentures August 20, 1959 August 27, 1959 September 3, 1959 100% 91.30 90.8 1962 1963 15, May 97.23 93.4 100 1963—. 1, 96.4 91.22 1963 15, 15, April 97.20 1961 99.14 92.28 1960 1960 98.14 99.10 1962 April 1960 I960— 94.16 98.10 1962 1962 15, 99.12 94.3 - 98.30 99.8 1961 1, Ask 93.26 1961 1%S l%s April 1. 3VaS May 15, May 15, 1, point a Bld 1960 15, of 1961 15, 99.27 Aug. 1, 1959 l%s Oct. 1, 1959 3%s Nov. 15, 1959 April 32nds more 99.25 Treasury Notes— 1%S or 1960 15, Aug lVaS Oct. one Maturity— Treasury Notes (Continued)- 1959 15. October 22, 113 92.16 98 3%s Figures after decimal point represent Maturity— 108 130 1971 5s 93% 98 % 4%s 93 98.12 Certificates of Indebtedness— 100% 103% 103 V8 99 % 92 1969 15, % 99 % 99 1968 20, 98 99 1961 20, 98.18 93 —. 4s 99.20 99.17 U. S. Certificates of Indebtedness & Notes 6, 102% 98% 99.31 Dec 4%s 1960 11. 100.1 4%s I960™ March Ask Cooperatives— 99.26 99.30 1959 August 128 1979 Industries 4%s White 81 101 Transmission— —. Montana Power 4%s National 5y8S—1989 ww ; Mueller Brass 33/8s Northern Pow 99 100% 85%. Eastern Transmission— Textron Chemical Elec 47/8s Gas 2 99.30 100.3 Ask Gas— Sheraton Co of Am 5s ww.. 1967 Southern Elec Generating— Tenn 1981 & 1989 1975 3%s 106 —1969 5%s 115y2 Corp 1977 5s 100 47/8S—_™—1979 Steel 83% 1989 1973 Morris 114% Ferro ww„1983 5 %s Phoenix 47% the Yield Price Power Philip one 3.55s 100.1 United States Bid Northspan Uran Ohio 31% 2 July 4.33 1 Bonds— Pacific 4s Ref 6s—1972 Gas 55% 131 Ask 91 29% in 7% 99.23 I960— iiv Issues Bonds— 87% __3 —— 4%s Nov. Rate . 99 98.24 9.07 1 - 95% Co__ 99.26 6.37 ' nc 27% .5 Insurance 98.12 5.83 Mutual Wisconsin Fund Inc 61 % 7 25% Y) of N Y Westchester Firr 100.1 Situations Wellington Equity Fund Wellington Fund 14.11 99.30 - 1959 23, Aug. 4%s Investing Corp 31% 109 2 March 8.19 Investors Fund Inc 6.73 lc 7.93 14.43 10c Street (N 58 59% 8 4%s 19.24 1 29% 105 10 (NY) 98.16 16.11 Inc Ins 98.8 7.49 Fund Life Mar. 17.70 ■ 2 10 4%s 14.74 Inc Washington 100 1959 3 %s 1 Marine „__ 95.4 8.91 —1 & 99 12.60 — 42 97.12 8.15 Ltd 39 98.24 11.59 Inc 10 94.28 1 1 Canada Fund Haven) 97.4 Shares.l Fund .10c - _. 1 Fund Fund Income Foundation Fund Inc 10c Haydock Fund Inc 7.30 13.28 — __ Fund 41% City Banks 4s Inc— Accumulated 38% Ask Banks— 1963 10, 10, 3%s International & United Inc— H-C7 Series Fund Growth 12.56 Industry Shares Inc—1 Utilities Growth Fund Investment 10 Feb. 13. 1962 3%s March 11, 1963 l%s shares..—„—lc Bond 36% 3%s 11.36 38% 1 State Street Investment Stein 33 Fire 3%s Equipment shares.™—lc Railroad RR shares—lc shares——_lc —lc 91% Mortgage Assn— 15.51 Investors 8% Co— May 1. 1962 2%s May 1, 1963 3 %s May 2, 1966 17.29 Industrial Machinery shares_lc Bond 87 % 1960 15, March June 12.91 Smith Merchandising Mining shares Ins__lo U S a30.75 1.25 73% 7% U S Life Insurance Co a41.05 —1 Fund 71'/a 69%; 3%S May 4%s Feb. 7.93 B) 66 2 & Guaranty Co__lo U S Fidelity 9% I960™: 15, Natl 14.38 11.64 Institutional 53% 8% Clark— Shares— 10 ..1 Guaranty Co 50 % 1959 15, 7.99 8.32 Amer Life 22% Co Fire 1 Co 51% 21 preferred Travelers 1959 15, 4%s -• (Edison Springfield 99 15, I960—. Feb 4%s June 7.25 Selected 42% 192% 49 56% Ins (New .5 15. 3.80s Jan. 18.77 10.63 Bond shares Security 94%- Ins 17. 16.02 —lc General , 3%s 10, shares__lc shares Food Fully Administered 68% 5% 5 6.25 Surety 10 Bid Dec, 17.08 & 185 4% —2 Marine & Life Title Co Loan Oct. Clark Common Stock Fund Fire Seaboard Figures after decimal point represent Federal Home 3%s 15.26 Stevens lo ... (N C) Obligations of Government Agencies 3%s 15.61 Scudder Paul Seaboard 10 21% Republic Natl Life Insurance St Jersey Insurance Co of N Y—10 19.05 13.94 shares—— (The) 19% Co Standard 12.00 lc Common 36'/a 5 Life 10, 13, Stock Fund-lc lc Chemical 34 Quaker City Life Ins (Pa) Reinsurance Corp (N Y) Republic Insurance (Texas) _■ 13.30 25c 92 % Sec 7.35 Inc 88 Standard 17.27 Inc 36% -10 Steam. Boiler 14.74 Shares Pyramid Life Ins Co Accident Owners 3%s Putnam Growth Fund 62% 63 76% 20 % -1 59% 21% 73 % 10 33 122 25% 69 73% Providence-Washington 4 115 60% 2414 5 Co 55 5 .10 $6.50 April 8.29 Fund Y Phoenix Standard March Growth Stock Inc Ins 25% 4%s 40.53 Fund Life 41% 4%s 9.03 2 50 Inc Fund Puritan 2.50 4 Co Insurance Co— 37% 15.21 24.23 Inc 543 : Indemnity 24 % 11.01 . Inc 51% 8% Pacific 40% 17.33 Inc. 10 1.50 15.79 X5.74 Corp Fund Fund Putnam-(Geo) Aviation-Electronics— Capital Securities Street 7% Employees Life 14.45 — Y 5 X14.07 Inc— F)_ _1 Employees Ins 3 VaS Fund Philadelphia Pine Group SecuritiesAutomobile Inc 65 % _4 Insp & Insurance 4%s Fund otreet 61 % 3% 5 3%S Peoples series- Common stock Preferred stock Shares William Securities Custodian Franklin Chemistry & Electronics 6.74 20.16 of Canada Ltd—Nucleonics 10 10 - 3%s — 48 Insurance 7.18 12.96. Fund 44% 10.14 9.05 Series 16% 12'/2 N of Philadelphia 9.23 6.57 9.28 Stocks 15 Co Ins 66% 4.35 8.45 — Series Insuranee__3.33 % Nortnern 68% 6.52 4.44 Preferred Stock Series——— Stock 12.17 5.97 Northeastern 134 63 Insurance 40% 65 2.50 —— (Jacksonville Fla)-2'% Jefferson Series— Series- J) Co (Fla) 38%. 128 River Peerless Home 48% 35 Va North Pacific Insurance Co of N Insurance 50% 44" 32 5 C) Life -47% 10 161 American Hartford 3.70 Securities Investors Bond 23.59 Gulf 31% —,—5 — 57% Government 18% 42 29 2 Fire- Fire 17% 39% 5 1 —5 Casualty. Hampshire 69 % 395 4 Hanover 114 152 Republic— (D 129 379 C) Great 64 % 10 (N (S 14% 110% A 69 Fund 41% 12% 5 Hartford Fire Insurance Co — Shares Dividend Series- Balanced. Fund--— 14.45 Amsterdam York 49 38% 122 common 3% Falls Ins Corp— National 3.43 Stock Fund- 24.00 New New 44 4 Fire—™ Corp class 65 Hcfcne 24.45 3.13 —1 Shares interest—1 34% 23% Inc Union 53% Life & 32 % 26% 5 10 1.25 Government (D beneficial interest Nation Howard- & Shares ■Glens Globe 13.22 National —2.50 25c Dreyfus Fund Inc 15.85 Automation & Investment of Shares- E—— 15.37 14.66 10.54 9.62 Inc 1 Diver Growth Stk Fund Inc__1 Diversified Investment Fund__l Income Fund 14.22 Inc Mutual 14.26 11.93 Fireman's Franklin Fund— Mutual 10.85 4.69 35% 10 Co- Fidelity Bankex-s Life Ins__ Fidelity & Deposit of Md„ 3.11 Stock Nationwide New General Reinsurance Corp .33 %c beneficial of 2.59 National Life 39 Vs 33 V* —10 . Group Assoc » Reinsurance Corp.—5 Insurance 4.26 int-33%c Growth Life 4.57 Trust — Mutual 85% 81 — beneficial of Investors • Federal 2.32 Mutual Income Foundation Fd_ 8.37 13.87 2.35 Investors Missiles-Jets 25.02 1 De Vegh Mutual Fund Inc===*-1 Delaware Fund 1 3.91 -lc Natl Old Line 16 Inc Eagle Fire Ins Co ....—-lc Fund Inc... Fund Investing Co Inc Trustee Employers Massachusetts Fund———1 Income Employers 3.08 shares 62% 27% 14% Casualty Co Forster 3.42 Mass Inc Investment Western & 4.53 Units B Crum — 3.10 shares 18.39 20 Va- Continental a47.16 Transport 18.82 17.01 6.95 6.38 — Special Investment shares—lc shares —lc 11.08 17.72 17.31 Assurance 2.79 Massachusetts Inc General Continental 36% 5 (Bait) — 57 5 Connecticut 6% 1 Accident Ins—10 25 1 Ins 15.42 Life Fire Life & 57% 6% Manufacturers 10 2 Life 20.25 4.11 shares: Natl (Ky) 14.11 Fund—• shares Petroleum 10.96 10.19 Co lc Industries Monument National 19% 251 _5 Merchants 10% 240 23% 1 3% 24% Insurance Co.: Commonwealth Inc 3% 45% Life. 18.52 — Inc Fund 13.67 shares—lc Metal 12.05 16.30 Inc . Paper 10.08 Stk Mutual Sa.yles General 19.43 — Inc Insurance Loomis Stock — Insurance Investors 18% 12.51 Managed Funds— Electrical Equipment shares.lc 13.10 11.10 18 Life 17,300 Va' 129 Inc Fund Co 2% 9% Bankers Natl Life Ins (N J) Beneficial Lexington Trust Fund——25c Lexington Venture Fund Income ; 7.63 7.02 Boston 20.50 Ins ■■ 13% 54 % _-_10 2% 42% 22% 10 Va. Maryland Casualty Massachusetts Bonding & . 1 of Life Life 10 6.95 6.40 16.53 18.95 J Growth Co National 22 y2 Shippers—— 13.94 Standard -3 . Insurance ,5 Co Lid- of Canada Fund Knickerbocker Growth Tenn Companies Inc- 6-25 Re-insurance . & 56 1 Fund— Keystoiie Fund Knickerbocker Fund — & Com 23% 52% Mass Indemnity & Life Ins— Merchants Fire Assurance.-.. 1 2% 21% 1 Corp- (Wash D C) (Galveston) 17.44 1 Eaton Investors Mercury 13.00 -J Dividend Amer 27% 13.34 —1 Consolidated Investment Trust.l Corporate Leaders Trust Fund- Series 16.76 22.12 43 26 15.99 Fund Diversified 15.36 20.23 39 2% Ask 2 (Va)—5 Casualty Ins Co Lincoln 11 Co_5 Stks)_ Fund Delaware American — 10 Assurance (Newark N J) Home Ins Co Stk)„ Inc Vegh Amer Stocks)-— Bond Dividend American 10.67 & Loyal Amer 1 — Com Commonwealth Investment—-1 Commonwealth Stock Fund 1 De 8% Com Fund Inc— Crown 7% Priced Commonwealth Series Life (Income 1 —-1 50c Christiana Securities Corp.. 100 7% preferred —--. -100, Colonial Energy Shares —1 -oiuinai Fund Inc_——————1 Fund 17.71 11.30 __ (Speculative. Pfd Stks) (High-Grade Com Stk) Life Heritage Life Ins— Fla) 10.35 — 15 (Jacksonviiie 9.77 Bonds) Pfd Stocks) of 43 19% 'Low Shares Trust Fund of Boston Concord Amer 16.23 Bonds) Priced 24.58 Life Bid Co__65c (Birm)—2 Liberty Natl Life Ins Fidelity Life Ins Co_l American 22.53 Bonds). 24.69 75% 32% % Mtge & Title Lawyers Title Ins Corp 243 39% 14 Par Lawyers 17% preferred- (Speculative Chemical Fund Inc- Composite 23.66 71% 5 cohv $1.25 Bonds)^ Grade 8.96 „ Funds— S-2 Fund Inc International Composite B-I 36.05 a24.85 — Insurance S-4 Century Chase 6.19 30 10 — Companies Ask 130 239 Life S-3 Ltd Fund 5.67 -10 Agricultural Insurance Co-.—* American Equitable Assur——5 American Fidelity & Casualty.5 14.07 Ltd. (1954. Custodian Aetna 13.71 19.33 General Canadian Keystone 1.33 13.02 *•4.2.61 — 14.57 Caliioruia Fund Canadian 11.91 — 13.48 ruuu juuuch Boston Mutual Fund iThe> 1.71 12.94 172 Aetna Insurance Co 17.88 Fund Inc—I 10 12.12 Investment—^_50c Fund Inc.. Street Canada of Fund Inc-. K-2 Surety 11.09 America Johnston 35 % & 4.92 Amer Nat Ins Ridge Mutual Boston Broad , J --- Trust istel alb.03 of lc Inc...; Research Fund Investors Casualty Aetna 4.50 35.93 Co Investment 4.62 9.59 Inc: Bid Par Ask Bid Par Fund Resources Investment 3.50 1-25 Fund Affiliated Funds— Mutual Ask Monday, July 27, 1959 . stock, Ex-dividend, wi When issued, y Ex-stock dividend. Volume Number 190 5867 . . The Commercial and Financial Chronicle . THE COURSE OF BANK CLEARINGS Bank clearings this week will show an increase compared with liminary figures compiled by based us a year ago. Pre¬ telegraphic advices from the chief cities upon of the country, indicate that for the week ended Third Federal Reserve Week Ended -1959 Pennsylvania—Altoona same week in 1958. At this center Our comparative summary for 1,633,057 2,116,651 5,166,900 1,091,000,000 4,358,555 7;579,577 4,002,075 7.7 1,040,000,000 4,376,343 + 16.8 7,750,977 •4,500,000 _ 2,601,104 4,996,739 1,119,000,000 5,112,331 — Reading Wilkes-Barre gain for the week ending Friday of 1.7%. a 1,463,349 8,676,031 —10.7 — + 11.8 7.6 + 4,458,324 1,794,03$ 2,007,732 + 0.9 + 1,916,782 1,934,88* :4,744,99a 1,320,000,00$ 4,577,613 "7,601,001 — 3,536,101 "6,933,550 ~ Yonk 8,746,108 + 18.2 19,384,433 + 43.6 13,360,015 18,087,636 —26.1 17,551,004 1,198,195,291 Jersey—Trenton 7,399,250 27,832,175 Delaware—Wilmington New 198# e $ 5.3 + 24.2 1,983,183 v-- 1957 or 2,401,514 Scranton $25,498,975,165 against $23,474,236,566 for the July 18 Inc. Dec. % 5^86,587 Lancaster Philadelphia Our preliminary totals stand $ 1,817,376 Chester Saturday, July 25, clearings for all 1958 $ 2,088,208 Bethlehem 8.6% above those of the corresponding week last year. there is District—Philadelpbli V- cities of the United States for which it is possible to obtain weekly clearings will be at 41 (399) 1,113,426,392 7.6 1,159,652,100 1,383,566,625/ 13,587,750.322,921,546 637,161,435* 59,431,500" 16,148,663 13,555,006 '459,242,061 the week follows: Total cities) (11 + 7,618,824 16,617,726 17,252,196 13,275,469 CLEARINGS—RETURNS BY TELEGRAPH Week Ended July 25— 1959 York New Fourth Federal Reserve District—Cleveland— * i:7 $12,739,511,945 1,270,187,850 1,046,911,609 + 21.3 1,087,000,000 985,000,000 +10.4 763,162,947 717,349,210 + 538,010,959 477,737,412 + 12.7 415,700,000 359,100,000 + 15.8 810,914,000 700,209,402 + 15.8 478,622,477 387,741,114 + 664,697,003 522,413,365 + 27.2 412,454,417 353,996,967 + Chicago Philadelphia _ + Ohio—Canton Kansas City _ — St., Louis *— Francisco - _ , Pittsburgh T Cleveland Baltimore — 6.4 Ten cities, five cities, days five $19,398,880,093 days $18,289,971,024 5,083,412,560 4,320,221,285 $24;482,292,€53 $22,610,192,309 1,016,682,512 864,044,257 $25,498,975,165 $23,474,236,566 + All cities, one day _ all cities for week——i. + 41.5 16.3 64,657,100 12,390,633 14,913,562 496,428,974 1,459,035,021 +16.9 1,609;551,588 6,140,127 (7 cities) 6.1 Virginia—Huntington Virginia—Norfolk L_ 4,886,735 + 25.6 5,000,219 22,898,620 223,923,409 8.6 23,559,73* 207,508,65* 8,003,395 12.6 + + • 71,522,047,961 8.3 4,460,553 + 8.2 24,206,782 207,527,019 8,176,637 422,139,152 393,349,853 + 7.3 414,744,257 Columbia—Washington 159,379,283 152,419,330 + 4.6 168,457,183 382,738,54* 143,497,285 (6 869,585,869 806,254,118 + 7.9 828,112,097 769,768,165 33, 631,612 32,869,078 132,146,981 401,400,009 6,089,501 6,793,812 228,750,121 186,123,589 Richmond 247,553,307 *9,500,000 Carolina—Charleston District of r • + + 10.6 8,776,171 +17.7 Total Total + 21.8 Fifth Federal Reserve District—Richmond- 16.5 +17.7 + 13,133,222 13,482,471 444,200,602 23.4 Maryland—Baltimore cities, five days 325,698,165 680,831,241 24,874,000 Pennsylvania—Pittsburgh South Total all 14,631,913 + 10.8 77,218,400 __ Youngstown Total + 20.0 ■•+ 20.3 1.705,625,675 ; : Mansfield 14,935,008 516,665,426 ; 592,686,233 68,579,400 15,992,753 i 312,018,085 712,905,154 19,074,208 Cleveland west Other 17,922,553 345,827,181 Cincinnati Columbus Boston San 1958 $12,958,130,440 ,— + cities) - 8.6 Sixth Federal Reserve District—Atlanta— Complete and exact details for the week covered by the foregoing will in appear ends We cannot furnish Saturday and the Saturday figures them today, inasmuch not available at time of going to press. are Accordingly, in the above the last day of the week in all In the elaborate detailed We are able to July 18. has to be estimated. cases statement, however, which we present further below, give final and complete results of the previous week—the week ended For that week there was increase an of 8.5%, the aggregate the whole country having amounted to $26,595,537,671 game the week as week in 1958. increase of 3.8%. Mobile — and in the credit Total and the Minneapolis Reserve District of 10.9%. there is increase an of 1,523,365,924 (10 cities) Seventh Federal Reserve improvement of 4.9%, in the Boston In the The Chicago Reserve Wayne furnish a In the Kansas City Reserve District City Illinois—Bloomington — Chicago and in the Week Ending July - . 2nd New York "3rd % + 9.2 885,698,305 858,644,833 13,671,998,492 " 9 13,038,076,191 + 4.9 11,460,251,575 11,814,638,249 —11 " 1,198,195,291 1,113,426,392 + 7.6 1,159,652,100 1,383,566,625 7 Philadelphia " 1,705,625,675 1,459,035,021 + 16.9 1,609,551,588 1,641,466,511 + 20.9 1,636,660,699 1,665,840,415 752,877,375 +13.1 763,664,423 761,563,233 703,336,865 + 10.9 664,250,107 620,664,702 St. Chicago 17 " 1,984,599,516 4 M 851,362,625 " 779,782,565 Louis Sth Minneapolis 7 + 9 " 852,740,557 757,566,125 + 12.6 702,496,045 City " 670,314,575 608,275,872 + 10.2 585,558,969 567,923,031 1,418,869,407 + 22.8 1,398,019,517 1,345,112,425 1,542,247,835 " ——10 26,595.537,671 Outside New York City 24,516,055,137 + 8.5 23,036,321,713 (4 Ninth Federal Reserve 11,869,256,781 + 13.5 12,036,502,738 1 det iled + 19.4 99,536,000 10,650,480 4,194,845 + 38.1 3,823,882 4,315,436 146,345.412 + 15.1 142,732,083 131,622,396 8,321,824 + 13.3 50,199,187 + 26.6 7,510,215 45,694,835 21,458,146 1,858,484 1,467,359,068 10,490,370 29,538,324 15,331,106 18,253,120 2,474,402 + 7,153,300 47,524,340 14,414,922 Dakota—Aberdeen 18 for four years: 1959 $ Total 1958 $ July 18 Inc. or 1,593,667 1,270,797,638 6,952,415 + 47.4 13,539,326 + 13.2 10,824,982 7,443,416 + 35.5 7,247,852 7,019,197 1,984,599,516 1,641,466,511 +20.9 1,636,660,699 1,665,840,415 414,400,000 208,601,253 4.4 403,600,000 214,114,480 1.42,611,267 3,338,676 +13.1 763,664,423 761,563,233 10,224,452 413,274,831 20,038,479 392,000,000 + 9.9 211,032,561 + 16.4 146,717,816 3,126,998 + 16.9 752,877,375 Dec. % $ $ 3,790,102 + 15.8 2,947,931 2,844,253 7,389,069 _ — River 7,722,534 7,350,185 709,277,793 + 8.0 723,502,849 706,951,178 3,569,135 + 3.1 4,092,213 14,253,l5j> 12,088,143 135,811,502 2,750,478 7,498,558 15,922,746 779,782,565 703,336,865 11,829,305 11.4 444,195,135 + 12.3 161.329.49& 620,664,702 + 9.6 — 5.8 170,185,578 11,840,642 5,495,719 6,266,332 14,437,396 +10.9 664,250,107 + 15.3 —14.2 10,168,416 4,864,702 6,597,57* 14,205,231 ..-5 ■ City844,875 804,156 1,414,024 1,047,029 + 67.4 954,355 945,505 + 30.2 790,134 10,286,162 706,328 10,018,082 153,798,244 11,724,968 163,769,118 11,525,160 170,868,042 8,095,239 + 14.8 578,109,324 18,333,325 8,774,670 852,740,557 44,021,034 Wichita City Joseph Colorado—Colorado Springs , 3.9 + 26.2 + 16.1 + 15.0 757,566,125 10,213,622 + 37,907,958 502,770,672 17,133,905 7,616,118 177,602,258 ._ — Kansas—Topeka 4.3 Total —13.9 1,885,443 1,632,326 1.6 3,618,587 0.6 17,784,111 16,226,486 Dallas 14,606,518 11,533,109 Fort (9 Cities) 3,609,581 Lowell 1,639,238 1,903,540 3,926,472 3,865,984 + Springfield 16,905,677 16,805,692 + Worcester 13,464,242 35,986,010 462,034,534 13,789,903 34,866,126 457,854,848 + 7.6 + 15.2 5,752,930 14,726,6957,197,817 +12.6 702,496,045 703,874,422 + 37.3 15,049,590 + 9.3 + 12.1 494,848,874 45,891,849 10,907,016 480,185,667 44,778.075 8,264,000 7,959,367 ' 15,168,708 Eleventh Federal Reserve District—Dallas— 12,163,135 56,429,606 42,190,239 + 33.7 46,090,507 42,540,437 '— 27,639,435 24,948,016 + 10.8 25,840,371 28,350,310 5,670,000 8,510,906 16.029,044 — 40,723,552 36,700,000 + 11.0 34,729,800 14,282,563 518,588,573 48,068,738 6,443,000 7,452,813 13,440,185 670,314,575 608,275,872 19,616,936 Texas—Austin + 10.7 566,617,051 53,870,638 31,345,600 Connecticut—Hartford 3,825,649 __— 3,190,293 945,718,747 Hampshire—Manchester Worth Galveston Wichita " Island—Providence— 12,134,630 5,264,864 6.1 + — 3,369,817 — New Eedford Haven — 7,379,807 765,706,063 3,680,240 - Massachusetts—Boston 9,181,910 470,196,549 183,137,608 8,214,787 (7 cities) Missouri—Kansas 4,389,504 : cities) 9,325,626 6,795,704 19,364,762 13,225,271 Omaha 1950 1957 St. Maine—Bangor (12 1,217,087,995 + 54.2 14,992,837 Montana—Billings Hastings First Federal Reserve District—Boston- Total + 20.9 6,802,931 4,516,578 Lincoln Few —24.9 1,213,953,004 13,995,312 Nebraska—Fremont Week Ended Rhode 17.6 14,090,896 1,510,896 205,644,459 Dakota—Fargo South statement showing the figures for each city for the Clearings at— New 5.2 + 31.1 8,624,361 523,794,231 Paul North 11,858,170,467 1 Fall 91,928,000 + 89,586,000 9,449,217 Tenth Federal Reserve District—Kansas cur Portland 11,339,118 12,615,719 District—Minneapolis- . A week ended July 20,001,345 12,669,288 13,160,582 851,362,625 cities) ... add 2,895,994 21,090,037 6.9 23,238,973,400 13,489,868,562 108 cities Total now 2,870,210 5.4 171,540,578 3,265,349 Helena We 1,225,329,333 43.6 + 245,556,698 . Minnesota—Duluth 703,874,422 6 Dallas Francisco + — 431,000,000 Louis Minneapolis 7th _ Total 769,768,165 1,350,744,797 12th San 1,342,406,288 1,225,329,333 1,523,365,924 Kansas .... Kentucky—Louisville Tennessee—Memphis Illinois—Quincy 828,112,097 806,254,118 " 11th Missouri—St. 1,342,406,288 869,585,869 10 10th cities) (17 7.9 " Atlanta St. - — + 12.8 6 6th 6th +12.8 1,522,047,967 4th Cleveland Ctb Richmond 615,996. Eighth Federal Reserve District—St. Louis— $ $ Dec. $ 15,270,429 215,269,829 1950 1957 or 866,126,463 $ 12 cities - Springfield 945,718,747 18— 1st Boston 2.6 — 217, 553,313 16, 689,266, 664,808 222 099,517 10,084,752 Decatur SUMMARY OF BANK CLEARINGS Inc. + 22.2 9,424,934 ; Moines Des by Federal Reserve Districts: 1958 + 33.5 —17.6 63,553,211 Iowa—Cedar Rapids Total 1959 270, 414,970 168,470,718 Peoria summary 6, 670,542 7. 056,717 8.8 5,791,584 Haute Sioux 12.6%, in the Dallas Reserve District of 10.2% we 8.4 + 11,282,411 Wisconsin—Milwaukee St. Louis Reserve District of 13.1% 21,302,430 11,606,948 15,306,339 12,409,082 16,100,039 117,483,000 Indianapolis Terre 2,649,631 3,805,273 20,159,014 Rockford following 1,350,744,797 + District—Chicago- Lansing San Francisco Reserve District of 22.8%. In the 973.211 215, ,734,722 801,686 Michigan—Ann Arbor__ Grand Rapids— larger by 16.9%, in the Richmond Reserve gain of 20.9%, the a + 40.0 13.5%, the bank clearings District by 7.9% and in the Atlanta Reserve District by 12.8%. District has to its 427, 000,000 210,064,543 Orleans South Bend are 140, 625,543 12.5 clearings for Philadelphia Reserve District of 7.6%. Cleveland Reserve District the totals 18,798,297 Mississippi—Vicksburg Indiana—Fort Reserve District of 9.2% 311,595,877 301,951,345 Alabama—Birmingham.- We group the cities according to the an _■ + 10.5 + 6, 619,312 7, 827,023 286, 515.210 226, 114,420 15, 384,783 8,485,168 Louisiana—New Federal Reserve Districts in which they are located and from this we note that in the New York Reserve District the totals show - Macon + 12.2 144, 394,495 414, 200,000 465,800,000 9,265,371 Florida—Jacksonville against $24,516,055,137 in the Outside of this city there was a gain of at this center showing an Nashville Georgia—Atlanta Augusta 32, 981,621 36,992,809 159,610,328 Tennessee—Knoxvllle issue of next week. our 866,126,463 + 19.9 3,353,468 2,758,251 ,9.2 885,698,305 Falls Louisiana—Shreveport Total (6 cities) 19.3 8,767,000 7,689,372 13,312,284 +10.2 585,558,969 567,923,031 —12.0 + 14.2 + 15,828,906 858,644,833 + Twelfth Federal Reserve District—San Francisco— Second Federal Reserve District—New YorkFew York—Albany . 124,196,915 - Buffalo llmira 28,092,556 145,465,136 2,942,543. 2,560,174 3,488,005 3,554,449 10,999,818,975 11,380,802;933 Connecticut—Stamford Jersey—Newark Northern New Jersey cities) Oregon—Portland Utah—Salt Lake City— California—Long Pasadena 51,962,120 43,870,289 + 18.4 + 24.6 26,999,154 38,754,009 41,711,229 27,962,922 \ 25,698,019 30,039,090 73,526,623 +12.8 79,108,546 75,35?, 691 95,608,039 86,307,442 + 10.8 91,798,859 85,592,955 13.671,998,492 13,038,076,191 4.9 11,460,251,575 11,814,638,249 217,657,562 203,520,149 5.1 6,663,651 + 19.1 227,654,290 109,516,093 5,458,927 227,080,788 103,107,760 36,4H'7?Z Beach . .... _ ,—r- 24,435,482 Jose Santa (a) (a) — + oo'oJc'^olI 22,816,585 31,182,392 21,186,840 730,524,536. 29,993,577 9,852,038 13,788,537 29,229,510 19,363,799 708,480,43* 26,791,999 8,368,067 + 22.8 1,398,019,517 1,345,112,425 + 7.1 4.7 20.3 32,894,726 boa 79fi + I0'244'42? + 1,542,247,835 (10 cities) 16,140,631 1,418,869,407 21.5 + + j>9,5/5,112 J.7,419,2ol Stockton Total + 10.7 32'40Q°'.1i)11 „ Barbara"I"——::::: + 21.0 7.9 13,710,993 _____ 27,465,404 82,906,626 R«n 6.8 + Francisco—. San + 34,841,008 » Syracuse (8 152,294,078 2,765,670 3.8 3,293,829 12,626,798,356 Total 158,029,938 6.7 + 11.1 3,659,883 13.105,669,109 Few + 17.0 + York Rochester 22,556,537 2,759,038 Jamestown New 26,492,109 + 342.1 + 7,207,937 228,552,644 101,689,328 242,751,384 Yakima 170,212,249 „ 227,377,487 7,576,424 272,160,679 112,588,371 Washington—Seattle Grand Outside total 24,516,055,137 + 8.5 23,036,321,713 23,238,973,400 13,489,868,562 11,889,256,781 Clearings operations discontinued. + 13.5 12,036,502,738 11,858,170,461 (108 cities) New York City •Estimated, (a) — 26,595,537,671 Financial Chronicle The Commercial and (400) j&8 U. FOREIGN EXCHANGE RATES Government S. Within CERTIFIED FEDERAL BY JULY 17. TO RESERVE JULY BANK TARIFF UNDER TREASURY TO OF ACT 1930 five Other Noon Buying Rate for to Transfers in (Value York New United in States Monday July 20 Other July 17 Argentina, peso— $ Australia, Austria, pound schilling .0115984 2.240557 U. S. .0385015* .0385015* Domestic .0200310 .0200340 .02CG310 Foreign Time 1.041875 .210600 .210575 .00312006* .00312006* .00312006* .00312006* of .00203800 .00203800 .00203830 .00203870 .239145 .239145 .239110 .210300 .210300 .210300 .210300 2.811900 2.811400 2.811200 2.810800 .00161090 .00161090 .CC277912* .00277912* .00277912* .002:7912* .328500 .328550 .328500 .328500 .328466 South Africa, .265190 .265165 .265200 2.783564 2.783366 .140506 .140500 .140506 .140487 .490950* .496950* .496950* .0349950* .0349900* .0350000* .0350000* .0166666* .0166666* .0165920* Reserve .193293 .193306 .193306 of loans .232050 .232075 .232056 .232062 2.801394 2.801394 2.800896 2.800697 625 domestic 2.811900 2.811400 2.811200 2.810906 Statement of Condition of the Twelve American Investment 1st 4% Date Co. (In thousands of dollars) Foote prior preferred stock—-Aug 14 Co., Ltd.— Lumber Tube July 23, 1959 1958 57,000 6,578 —1,407,748 + 50,422 Eastern 24,766 77,960 2 — preferred common preferred bought outright- from cash 419,811 + 25,000 +1,185,165 89.000 + 53,500 + securities— 26,496,962 + 78,500 27,224,670 + 538 banks 89,000 +1,274,165 5,718,203 96,302 226,806 assets 53,360,746 + — 691,059 +1,889,537 79 13,493 640,473 + + — Federal Reserve 6.634 notes ! 93,397 18,635,109 135,480 450,559 28,576 263,706 23,758 338,544 3,390 acct. Foreign Other ' I- deposits Other liabs. & accrued divids. 35,900 liabilities CAPITAL 19,687,918 4,649,260 + — + 191,204 + + 682 — 61,675 — 31,417 + 19,363 — 73,047 + 737,328 + 20,809 accounts 219,722 53,360,746 41.0% - ances liability purchased on for correspondents t Net change 2, 1958. Automotive Union + 12,218 + t31,669 — 640,473 — 7,541 .2% +1,496,310 — 3.4% foreign 355 after elimination of Sec. 13b 1,066 — 36,386 ____ — — 631 surplus of $27,543,000 including those called Paper Ltd.— series A bonds, due Dec. 1, 1966 C% 254 July 27 8-15 8-1 Inc., common—— 1 8- 1 7-21 8-15 7-24 7--24 15c - Insurance Corp. & Republic 265 Reynolds 1 200 Reynolds Engineering Date due 1, Aug. 1967—Aug III_IIIII (quar.)_._IIIHIT $28c Co. of Canada, (quar.)— preferred 4Vi% 1 Corp.— Rich's, 1 preferred debs, $2783 Richfield 256 stock— due April Ltd.— 1,, Aug 1975 -July30 155 Aug 17 1975 Aug debentures due River 1 15 $1468 * stock Aug 4 * (quar.) Rice Mills 7-18 8-21 10- 1 9-15 1-1-60 10c 1 12-15 8-17 9-15 7-31 Ltd.— +$1.19 __ 2nd 8- $1.12 V2 8- $1.12 V2 1 8- 59 %c 1 1 1 7-13 1 7-13 9- 5 8-14 75c 9-15 8-14 20c IIII 8- 7- 7-13 55c _________ Inc., common (quar.) preferred (quar.)—. Brand 4% 8- 1 7-20 c 8- 1 7-20 30c 8- 1 7-10 $1 " 9- 1 93 3/4 (quar.) preferred "F" 4.10% (quar.) — "H" (quar.) preferred IIIII—I 8-14 $1.02 V2 9- 1 8-14 4%% preferred "I" (quar.)___. $1,183/4 9- 1 8-14 4.10% 261 Dec Corp. 7-29 Rochester Gas & Electric— * 1970—Aug 15 July 1, 3%% ■ Oil 7-15 7-28 - 10- +5c _____ 1 7-31 $27c pfd. (quar!)— 43/2% 2nd preferred (quar.)_ 4%% preferred A (quar.) :_—IIII Reynolds (R. J.) Tobacco Co. (increased)__ Page 1 .7-21 9-18 55c (quar.Ill $1.10 class A Aluminum Metals, 8- 45c (quar.) (quar.)_____ Co. A 1st 15c (quar.)™ (quar.)_ Industrial Corp. 4%% debs, 7-15 8- 8-15" Chemicals, $1.10 class CALLED 7-31 50c Electric 1 preferred "J" (quar.) $1.02 Vs 9- 1 8-14 9- 1 4.95% preferred Rockwell-Standard "K" Rolland Paper, B _H (quar.) Corp. Rohr Aircraft Corp. Class subord. Co., debs, 6% due Dec. 31, debs, conv. 1972—July 31 of 1967 $2938 Aug 15 201 f. s. in debentures this issue. due $In Aug. 1, volume Ltd., $1.2334 (quar.)_ class (quar.)I_I_III (quar.) 9-10 8-17 25c _ A 8-14 50c (quar.) 7-31 6-30 $25c 9- 1 8-14 15c 9- 1 8-14 + 1959 Aug $2835 1 preferred (quar.) II—IIII $$1.06 V* Roper Industries (special). SI Rorer (William H.), Inc. (quar.)_ 10c Rose's 5, 10 & 25c Stores (quar.)__ 15C 9-15 8- 1 7-20 30c 8- 3 7-23 10c 8- 3 7-23 7 Vic 9- 1 8-18 4V4%. of N. Y. (s-a) Extra 189. Condition Statement of Member Banks The condition statement of weekly reporting member banks of the Federal Reserve Inc. (quar.) (increased quarterly)!—IIIII System shows in Date 1, 1968 Aug 15 pfd. stock July 31 Electronic Laboratories, Inc.— subordinated conv. debentures due Nov. 1, 1968—July 30 state & S. the following July 15: principal Increases in balances demand deposits of changes for $543 million the week loans in ad¬ with domestic banks, $730 million adjusted, and $860 million in U. S. Government deposits. 9- 1 7-27 7-15 7-31 35c 7-10 8-10 7-20 8-10 W. Fine Safeway Loans to non-bank financial and commercial and institutions increased 7-20 St. Joseph Louis-San 5% Regis change a of the loans $131 increased revisions numerous San Juan series, fifth sheet is particularly attached as in BchwitzCr showing the reporting Page and S. 5%% preferred Fetzer dealers for + 3,487 + 1,074 X + 543 X + 120 + 10 X . + 129 pur¬ securities —_ - securities non-bank Loans Loans + 1,759 — to to 1861 - 48 14/ -1 1,254 + banks domestic commercial loans— 10- 1 9- $6c II — 3.833 599 8-25 8-26 7-22 15c 8-26 7-22 25c 8-10 7-20 5% 8-10 7-30 40c _ ~ (quar.) Co. 7-20 7- 1 27 Vic 8- 1 1-17 10c 8- 1 7-20 (monthly) Co. 10C 9- 1 8-20 American (quar.) 7-24 3- 1 7-15 1 Corp— 9-30 9-10 10c 7-31 7-15 Shares, 20c 8- 1 7-17 $1.06 y4 8- 1 7-17 7-30 6-30 income) 7c _ 30c income & . Inc.— Co. (quar.) Shareholder^' Trust of Boston— A 7-17 1 8- $20c Shakespeare Shawihigan Water 1 9- . 3% investment 7-17 8- 5c 1 8-15 $1 35c Lumber class A investment From 8- 85c (quar.)—. & Co. Ltd., Power Co.— 7-31 7-sr 10c _ $20c I (quar.) 4Vifyc 7-17 6-30 ' (quar.) IIIIII 8-25 7-14 8-14 7-17 , $33 Vic . $56 Vic 10- 2 $50c 10- 2 ^ preferred B (quar.) 4% ^preferred A (quar.)—: — . II Shelley Mfg. (increased-quar.) 25c Sheraton Corp. of dividend 9- 2 9- 2 America pfd. (quar.) 8-12 $1.25 9- 8-14 15c (quar.) S-14 8- 1 7- 2 2% "jShenapgo Valley Water Co.. 5% Quarj,erlv 39 Hi + class Sierra + X' 28 + 131 + 12,253 + 36 13,713 + 54 X 428 142J . A 8- 1 7- 2 „ Pacific . & 1 _; + + 1,555 $ Simms $1 B (T. $45C Power $22 Vic Co., preferred & 7-10 7-15 Co., (quar.) (initial) 8- 1 7-17 9- 1 8-14 15c 10- 1 8-28 10- 1 8-28 35c (quar.) + (quar.) Ltd.— $25c 1 (N.) & Company Ltd., common Smith (A. O.) Corp. (quar.)_ Smith Kline & French Laboratories— common H4 1 $15c A Slater New 1 8- 61c common (quar.) S.) 00 Paper Co., Ltd— (quar.) $2.44 preferred A (quar.) Silverwood Dairies Ltd., class 1C3 1,216 _: Sidney Roofing — ■ banks- 9-15 4 15c (-quar.)• Dillon Selected Class etc. 1,474 foreign $1.10 Security Insurance Co. of New Haven— Common (quar.)—. ; $4.25 preferred (quar.) 90c 165 financial finance, personal finance, estate 7-31 Sherwin-Williams Co. of Canada, Ltd.— 614 institutions: Sales 1 1 : preferred Stock carrying: Other securities. Other loans for purchasing or carrying: U. S. Government securities Real 150 or 12- 9- Faper Co.— S3.4Q. preferred (quar.)—. Class 28.561 loans loans-. and 12-15 35c (initial). Monthly Common _ 896 industrial Government to 1958 + 1, 216 63,775 U. July 16, 1959** 106,673 brokers 1 -"-$1.25 Security-Columbian Banknote (quar.) mem¬ (In millions of dollars) 105.457 Other 253 July 8, 1959* to 9- Corp.— (From ASSETS— Agricultural 4 9-15 Stock' dividend first decrease (—) since and 9- (quar.) Common, (increased) Scott 6-29 9-18 Voting trust certificates (initial). Schenley Industries Inc. (quar.) Securities, Acceptance year-ago corrected. July 15, Commercial Assn. 7-14 7-31 $1.25 A (quar.) Co., common Racing 7-31 8-31 37 Vic (quar.) Seaboard, Plywood incident to Increase ( + ) or loans 10c 10c < & A 7-31 50c (quar.)_ (monthly) Power (quar.) Francisco Ry. Co.— Paper Scarfe & in preferred $4.40,1st preferred series (quar.)—_ Salada-Shirriff-Horsey, Ltd. (quar.) $4 Because Light preferred preferred 5% St. 4% common (monthly) Scott industrial $120 million. Note: Foods, Stores, Common Commission) Stock, dividend Loans to brokers and dealers for purchasing or carry¬ ing U. S. Government securities increased $186 million. Total Commerce tit. System in leading cities Loans Engineering Co., Inc.— — 25c Renold Chains, Ltd., Extra Ryder chasing Page £ Vi % Alco 7-29 40c $1.25 I_IIIIII (quar.) 1 1975—Aug 1, Products, Inc.— Instrument Other American 15c II 5 158 Newspaper Union— convertible Loans PARTIAL REDEMPTIONS convertible debentures due April Oil & Chemical Corp., 6% conv. 7-20 8-14 Trust Co. of America (quar.) 8- 1 A summary of assets and liabilities of TENDER Company and Issue— . 1977-—Aug ber banks follows: Company and Issue— Dat6 Baltimore Gas & Electric Co., 1st refunding s. f. bonds—Aug 3 Irving Pulp & Adams Oct. stock OF 8-14 8- Aug due page of last week's statement list of corporate bonds, notes, called for redemption, under sinking fund NOTICE 8-14 1 35c Scotten, provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in the current volume (except where otherwise indicated) in which the details were given in the "Chronicle." 1st 4% 1, a common 1 Royal State Bank Victoreen Western on Fund Notices and 99- 30c Winding Co.— convertible figures, Below will be found 12 Vic ~~ 1 Stores * Acceptance Corp., Ltd. cumul. 1st pref. 5%% million 73,027 __ Redemption Galls and Sinking preferred 1970—Aug 15 Aug. ISSUES 26.073 + — Inc. Holders 9- 313/4C (resumed) (quar.) . 5% subord. convertible subord. the ; 1, — Maremont million 100 accept¬ Industrial loan commitments Bept. July due due +1,446,109 Total liabs. & capital accts. gold certificate reserves to deposit and F. R. note lia¬ bilities combined deduc- (2-for-l split, subject to approval of Inter¬ 16 868,410 Ratio of Contingent 260 761,019 750,614 652,7.91 + <?<»7 * Reliance * 1961—Aug 12 5Vi% notes, series A, due June 30, 1962— Kings County Lighting Co.— 1st mortgage bonds, 3Va% series due Aug 1, Koehring Co.. 5% preferred stock, series B 6% ACCOUNTS— capital 1969_Aug 31 1, justed, $663 million in holdings of Treasury bills, $273 380,726 • gross When Reitman's (Canada), Ltd. (quar.)__I. ,II_I~ Reliable Insurance Co. (Dayton) (quarj-l_I 258 May 1976— Interprovincial Building Credits, ended 51,891,888 Capital paid in Surplus Other Sept. 30, due debs, Machine +1,496,310 ■ Deferred availability cash items Total convertible -—July 31 ' Inc., & 4 dividend Rubbermaid, 27,518,810 Treasurer—general Total Gear •Announcement Member bank reserves U. S. Bros. 3%% 948,728 27,840 Enquirer, stock. Corp.— Dec.t 1, 5%% convertible cumulative Fruehauf Trailer Co.— LIABILITIES— Deposits: subor. due Stock Inc.— debentures conv. due debentures Transmission debentures Universal — — ?? ' Payable of Rec. Reliable preferred debentures Company and Issue— 5% 15 items- Bank premises Other assets Total — securities— foreign Uncollected 43,790 2,857,565 26,407,962 Held under repurchase agree't Due + + 2,483,771 and 12,851 —1,296,379 2,867,565 Bonds shown are 68 3/4 c. (quar.) Reichhold 48 (initial) ._ B 255 Corp.— ENTIRE Foote 25,000 18,649,726 Govt, 5'/2% Cincinnati 2,406,900 loans 5% Class Corp.— Products, 628,565 25,394 — Total U. S. Co., 6% $2562 1 1, 1962—Aug bonds, Aug. 1, 1969—Aug debentures subord. 342 Notes Total Tea Corp., 12,909 27,155 — Certificates Total convertible Servo 59,901 S. Government securities: Bought outright— Bills Automotive Texas 367,992 Acceptances—bought outright— 343 J *1] after Reliance Machine convertible Utilities Aircraft Corp.— convertible income 1,332,606 702,314 loans 5% & cumulative income Maremont 74,142 386,315 Industrial 4% Hiller Gear Realty & National 19,340,443 advances items + 9* ■ and Share Corp., convertible 1 bonds, series A and B due Aug. cumulative General 5% cash and V. July 15, Bros. 5%% Increase ( + ) or Decrease (—) Since Discounts ija + District). Reece Corp. (Mass.), 5% preferred Reed (C. A.) Co., class A (quar.) Illinois— of Chicago Great Western Ry., 37/s% Other 244 ■+ banks Company Owl Stores, Red Page cumulative Western f. s. 5 Vi % of Canadian Federal Reserve Banks Combined Total gold certificate reserves F. R. notes of other Banks commercial Per Name 0/ Reading Company and Issue— Shares + , DIVIDENDS Quarterly 939.299 803 — 2g - 1>441 to Real Estate Investment for F. R. notes 3 + __ (Continued from page 14) $1.25 Redemption fund 1 2.800398 2.811900 — — available. .193308 .232056 18,401,144 _ '499 .496950* . ' certificate account 17 banks .0166166* .193293 1959 — 1,804 .0349900* .0238095* July 22, 202 +1 493 .140481 •Nominal ASSETS— + + * Raytheon Company, 5Vi% Gold 860 2.783069 .496950* sterling 730 + 11,262 Preliminary (San Francisco July 8 figures revised. $ Not .265190 2.784059 > pound pound + 4,669 deposits— ,ya^uation reserves; individual loan ?n ** .0800560 .0800560 .0800560 .0800560 .0800560 .265195 103 +4,813 61,228 , demand 30 K87 t Exclusive .00161090 2.784059 251 + deposits: _Fvom others— .00161090 .00277912* dollar 37 — +3,899 1533 Federal Froin .00161070 ; 467 + Borrowings: .210275 2.811900 , Kingdom, 18 Other. * United 273 + Interbank .00203800 ____; + deposits: 1.042031 .210600 rupee Netherlands, guilder New Zealand, pound Norway, krone Philippine Islands, peso Portugal, escudo Spain, peseta Sweden, krona Switzerland, franc 16 3,158 139,574 I™ 14 + 106* 2,903 ____ —5 101 4 + -banks—: 1.042656 .239160 loj 30] + bar.ks .210600 .239150 441 — — 1,167 banks adjusted demand 1.044531 (Metropolitan), franc Germany, Deutsche mark Union deposits .00312006* Malaysia, Malayan Mexico, peso domestic 293 + 13,548 banks. —:__ Government Interbank .210600 Frarce Italy, lira Japan, yen with 1.042656 Ireland, pound R. +1,495 44 io,i81 . assets—net .0385015* .02.00300 6,675 F. 663 — 17,608 assets/liabilities—. Demand .0119120 2.239760 2.240000 1,650 years—— —3 313 535 + — LIABILITIES— $ $ .0119270 2.240159 .0385015* .0200318 July 22 $ .0116661 2.240557 .0385015* : Belgium, franc Canada, dollar Ceylon, rupee Finland, markka India, $ ..0115969 Free Thursday July 23 Wednesday Tuesday July 21 year vault— Balances Money) Total Friday with in + 2,055 years.—.—'____ five Reserves 23,i 1959, INCLUSIVE Cable 31,501 n securities.— Cash Country and Monetary Unit securities—total 3,513 one One After RATES Monday, July 27, 1959 . bills Treasury Bank certifies daily to the Secretary of the Treasury the buying rate for cable .transfers on the different countries of the world. We give below a record for the week just passed. EXCHANGE . Treasury certificates' of indebtedness. Treasury notes & U. S. bonds maturing: Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve FOREIGN . . 8- 1 7-15 $30c 8- 1 7-10 40c 6- 3 25c 9-11 6-30 8-28 Volume 190 Number 5867 The Commercial and Financial Chronicle . . . Per 30c Paper Mills (quar.) Corp., common (quar.)__ preferred (quar.), (Howard) Mfg. Co. (quar.)— Georgia 4.56% 208 2 9- 2 Quarterly 220 Bagley Corp. 9-18 9- 7-15 1 Union 6% 65c 7-31 7- 7-31 7- 5 28V2C 7-31 7- 5 25V2C 8-31 8- 5 verify Union $3.50 5 $3.70% 8- 5 $4 (quar.) 22 VaC 9- 1 8-14 25c 9- 1 8-14 Union Gas Co. 26t9;jC 9- 1 8-14 Union 34c 9- 1 8-14 ._,—______ (quar.) — Southern Canada Power Co.r Ltd.—. (quar.) Coast Corp. Southern Colorado 4.72% 1st 4.72% $62 '/2c (quar.)__ Power 8-15 7-31 7-15 —:____ Materials Southern Nevada 5% 7-10 1 7-10 4% 7-15 5% 7-10 United Canadian preferred ___ Standard Class B Steel Co. (A.) 1 4%% United 7-21 New 2 5-22 1 7-20 U. S. 8- 1 7-20 8- 1 7-20 U. 5% Chemical & 7-20 7-20 8- 1 7-20 8- 1 7-20 Stores Corp, United Transit Co, 5% 17c class 4%% 3 7-15 8- 3 7-15 5% 8-15 7-31 United . Stetson , 7-31 Common 7 $3.50 9-14 $3.50 preferred $3.50 preferred (quar.) Controls, new com. 10- 12-15 8-14 1 12- 1 (J. 7-15 9- 1 8-14 Universal 9- 1 8-14 8- 1 7-10 8- 1 Upjohn 7-14 7-15 J 10c 7-10 $1.25 »1 25 t30c J40c 12-31 Stix-Baer-Fuller 7% 1st Co, & Co. 1 8- 7- 1 3 7-23 9-10 8-27 9- 9- 1 1 Studio Van 9-11 25c 1 7-20 30c 9-10 8-26 43 %c (quar.)-,: _ . 9-30 9-15 50c 10- 9-15 8- 7-31 7-21 8-15 8-1 8-1 Oil Co. ______ 1 1 $1.10 — 30c Separator Co, 6% pfd. (quar.)_ class A (initial quar.)— preferred (quar.) Window, convertible 70c 8- 10- 25c (quar.) Biscuits (quar.) Sunshine Superior Superior 65c t$1.25 Sun 8c 17 VaC 25c . T. I. M. E, Inc. Taft Stock (initial Talon, Inc., Class 10c quar.) dividend class Electric, A preferred 4.32% preferred (quar.) Texas Electric $4.56 pfd. 8-15 7-29 7-31 7-15 9- 1 2-15 7-21 25c 8-15 7-21 8-15 7-31 8-15 7-31 8-15 7-31 7-30 6-30 8-31 7-31 8-1 8- 1 8-1 9-15 30c Power & 8-15 7-31 7-31 7-17 8- 1 7-14 $1 8-1 7-lt) 7-31 7-17 7-31 7-17 7-31 7-15 9-15 8-31 $1 9-15 8-31 30c . 7-10 35c 3.65% preferred (quar.) Therm-O-Disc, Inc. (increased quar.) 7-10 1 25c (quar.) 7-10 1 8- 91 Vic — common 1 8- 15c ______ $1.19 $1.21 (quar.) 8- $1.14 Light, $4 pfd. preferred (quar.) preferred (quar.) $4 84 preferred (quar.) $4.76 Inc., 9-15 8-14 28c (initial) pfd. $4.56 Thalhimer Bros, 7-15 $1.25 preferred Texas 7-15 8-21 7J/2c (quar.)_. common (quar.) Instruments, 4% 7-15 Pipe Line— (quar.) Texas 7-31 $1 (quar.) 9- 1 8-10 30c 9- 1 8-10 8-14 7-30 Thornpson-Ramo-Wooldridge, Inc.— Common (quar.) preferred (quar.)_ Thriftimart, Inc., class A 4% Class Title (quar.) ; (quar.) B 32&C Guaranty Co. Tobacco (N. Y.) (quar.) Securities Trust Co, Ltd.— American Toledo deposit receipts Edison Co, a7'/2% (interim) 17 fe.c (quar.) common preferred (quar.) 4.25% preferred (quar.) 4.56% preferred (quar.) Bell Bank Trane Company Trust & Transamerica Transcontinental Common Gas (N. Y.) (quar.)__ Trico Oil Gas Quarterly 1 8-14 9- 1 8-14 $1.14 9- 1 Pipe Line 8-31 8-14 lc 7-27 7- 8-17 8- 8- 7-15 7-31 7- 8 (quar.) Walker & Co, 7-15 8- 7-15 88- 7-15 $1.49 8- 7-15 10c (quar.)— (stock dividend) Pictures — corrected payment Canadian non-residents tax. 8-15 11-13 construction 000 outlays for 1960 and 1961 currently estimated at $17,900,$9,500,000, respectively. and 8- 1 7-15 1 10-15 2-1-60 1-15 7-31 7-15 CAPITALIZATION—Upon completion of the sale of the common shares, plus the proposed sale in early August of $8,000,000 series K first mortgage bonds, capitalization will consist of: $76,073,250 In long-term debt; 177,000 shares of cumulative preferred stock, par 9- 1 8-14 $100, 8- 1 7- 8 8- 1 7- 8 In two series; and EARNINGS—For the 3,550,000 12 shares months operating revenues of equal, after preferred dividends 1 8-15 8- 3 7-10 mon 8- 1 7-22 annual 8- 1 7-22 8- 1 7-22 8- 1 7-22 8-14 7-17 9- 1 8-15 9- 1 8-15 000, stock. The rate has company of $1 to paid share since per of stock, common $5. par ( ended May 31, 1959, the company $32,665,000 and net Income of $4,896,- reported 9- & Swasey (quar.)—. $4.25 preferred (quar.)_ $4.60 preferred (initial quar.) preferred Waste 6% $1.34 share on the com¬ stock dividends at an per common 1955. UNDERWRITERS—The agreed to the tive to purchase conditions — 8-14 8- 25c 25c $1.12V2 underwriters named below have severally the company, upon the terms and subject Underwriting Agreement, the following respec¬ from of the 7-10 7-15 7-31 from net investment income in cash or stock West Coast Telephone— $1.44 convertible preferred (quar.) West Point Manufacturing (increased quar.) payable Year-end ——— Fire Westchester Westcoast (N. Insurance (quar.) Y.) (increased). Telephone (quar.) Western Air Western Carolina Telephone Co—.. Western Lines Insurance Securities, class A (quar.) (quar.) Telephone, common Western Light & 5% preferred (quar.) 5.20% preferred (quar.) Western Pacific RR. (quar.) 7- 8-14 7-15 8- Western 1 1 4% Stores —<— (quar.) Oil Williams Co. Bros. dividend Co, & (quar.) — (quar.) (incr. monthly).; Monthly Monthly 8- 7-15 25c 8-26 8-14 25o 11-25 11-13 Wisconsin Wisconsin 6% — — Bankshares Electric preferred Power Power & (from investment inc.) Light (increased) & Schlrmer, 13,500 Co Chace, Securities Coffin Burr, 8-26 Estabrook 9-18 8-20 Hallgarten & Co Hemphill, Noyes <fc Co 9,250 Peters, 9-10 8-18 Hornblower & Weeks 9,250 9,250 Smith, 7-24 W. 9,250 Wagenseller 9,250 9,250 Lawrence 9,250 Shontell 8-20 8- 3 7-14 . 8- 7-17 5 8-25 8- 4 8- 1 7-10 8- 1 7-10 8- 1 1 & 13c 7-28 5c 8-15 Lee Higginson Corp F. S. Moseley & Co Paine, Webber, Jackson Curtis —V. _1 189, 7-15 a Co._ 4,000 Wins- Coburn & Middlebrook, Inc. Hanrahan 3,000 3,000 Mitchum, Jones & Temple- Co., Inc 3,000 3,000 Writer & Christen- 3,000 Inc sen, Co. Inc, 3,000 Durst, Inc. 3,000 Ramsay & Ferris & Maxfield & & ton & Cook <fc Co 1,500 1,500 — Co._ Friedman H. 9- 1 & 1,500 Varick 1,500 2893. p. Inc.—Earnings— Resources, 7-23 8-10 $4,330,984, chiefly from sale of uranium ore and uranium frorOj the company's Radon mine in southeastern Utah. costs of mining, charges for uranium concentrate depletion and other costs, totaled $2,587,050. Federal income taxes were estimated at $485,000 for the year.' was concentrates Expenses, including treatment, royalty, 8- 1 10c 8-15 8- 1 30c 8- 1 7-17 1959 30c 20c 10c 62 Vic 50c 9- 1 8-10 paid out p. 2880. 3 8-14 8- 9-30 1 totaling of dividend $563,749 five cents were per paid share during brings to a the year. The July total of $1,441,958 See also V. 189, of earnings by Radorock to its shareholders. 7-15 8- Dividends 9-21 8- completed its third fiscal year, ended April 30, 1959 income, after taxes, of $1,342,296. Gross income for the net 8-15 1 7-15 8- 1 7-15 8- 1 7-15 3 8-17 8- 7-31 7-16 1 9-10 9-15 8-26 10- 7-31 7-15 10- 1 9-15 8- 1 1 7-10 8- 1 7-20 1 7-20 8-15 7-21 made in was our issue of July 20 of the public offering by Emanuel, Deetjen & Co. and Bache & Co., and Associates, ,of $5,000,000 5%% sinking fund deben¬ tures, due July 15, 1974, at a price of $1,000 each, an attached warrant to 8- 8-15 8- stock common at $11 UNDERWRITERS—The Deetjen all out & Co. 7-21 after their 9-21 9-11 writing 1 9- 4 1-4-60 12- 4 8- 1 1 7-10 10- to and of including named below represented by Bache & Co., have severally agreed with attached warrants in to the principal respective names, pursuant to an under¬ agreement with the company: 7-30 11- up 5 1 8-20 8- share underwriters and debentures the set purchase per Additional details follow: July 15, 1964. Emanuel, with, purchase for cash 35 shares 7-10 8- Corp.—Additional Financing Details- Reading Tube Mention amounts 35c 35c & & The corporation with 36c 25c 1% 4,000 4,000 7-10 year 20c $1.25 Co 4,000 4,000 9,250 6-30 8-15 75c 20c 9,250 Inc.__ Co., Inc 9,250 9,250 Corp._ Inc Co & Hutton E. Inc Co., Inc. 7-10 8- & Co., Atherton American 9,250 6,000 Inc A. & & Whiteside low, 13,500 8-26 Allyn Co & Co. 9-18 30c 56c $1.25 $1.06'A $1 9 Principal Principal Amount Amount Co. $750,000 Bache & Co 750,000 Arthurs, Lestrange & Co. 150,000 Butcher & Sherrerd 175,000 H M Byllesby and Co. Emanuel, Deetjen & '(incorporated)— Blair F. Claybaugh & Co. 175,000 50,000 18c 7-31 7-15 10c 7-31 7-15 8-31 8-24 Dempsey-Tegeler & Co.— Francis I. duPont & Co. 200,000 10c 10c 9-30 9-15 Granbery, Marache & Co. 8-14 7-31 7-31 7-15 150,000 300.000 150,000 75,000 4c 7-31 7-15 8-15 7-31 37c Bros. & 8-26 Courts & 100,000 Co Hayden, Stone & Co. Hirsch Co., (quar.) Wisconsin Fund, Inc. Wisconsin Weld $1.50 — Hincks 13,500 Corp. 32 Vic Winfield Growth Industries Fund, Inc Hibbs B. Loewi _ — Milwaukee 8-14 18%c — Stores 13,500 Securities Co.__ S. Dudley Co., Inc Folger, Nolan, Fleming— W. Inc.__ & Co E. Pierce, Fen- Smith Co & 1 -—— common 13,500 Webster Haupt The 13,500 White, C. McDonald Co., Dean Witter & Co 10- dividend Common & ner Stone & 8-14 Industries— Williaras-McWilliams & Brothers Merrill Lynch, 9,250 6,000 6,000 & Ira 13,500 Co Ripley 9,250 13,500 ____ Lehman 7-17 25c 1 (quar.) Co. Stock Harriman, &; 8-14 Chocolate (quar.)— 13,500 9-10 50c Co. (name changed to Wilbur Chocolate Co.) common $5 preferred (quar.)— Wilcox Sachs Shares Townsend, Dabney & Tyson Tucker, Anthony & R. L. Day Wertheim Inc.__ Union Co._; & 1 White Sewing White stock: 9-18 $1.43% $1 (quar.) Machine Corp.— $2 prior preferred (quar.) $3 convertible preferred (quar.) Co. 1 9- ?17Vic 30c . (quar.) Inc. prior lien Goldman, Inc. & 40,000 9- 20c Wheeling & Lake Erie Ry„ com. (quar.) common Inc 9-15 $1.25 30c preferred (quar.) Westinghouse Air Brake (quar.) Westminster Paper, Ltd.— New common (initial quar.)_ of Co.___ 40,000 Dillon, Securities 7-15 6-23 75c 5% Westmoreland, Becker G. Co., & 8- 31 'Ac 32V2c — Precipitation Corp. (quar.)— Tablet & Stationery Corp.— Western & 7-31 8-14 Fund— Equity Blyth 7-23 8-15 7-27 shares Peabody Radorock Transportation, class A (qaar.) Watson Brcs. of Shares 8-15 37Vic t25c $1.25 15c 1% 10c 12y2c 20c $1.43% $1.56V4 2% 3 26'Ac preferred C (quar.)_ conv. numbers Kidder, Corp.— King Wellington 7-31 30c (quar.) (increased) Washington Gas Light, common (quar.) Warner 7-15 $1.42y2 __ 15% The here, 11- $20c 25c common Company Bros. ; Ltd— Amulet Mines, Waite Winn-Dixie 8- $1.22 »/2 (quar.) indicated is 7-17 11-30 3 25c (Dallas) incorrect. was date (Continued from page 10) 7-10 1 8-31 $0,111 $0,049 preferred (quar.) 5%% preferred (quar.) 6%% preferred (quar.) Wilson' 1 63%c (quar.) Insurance 20c 6 Corp.— .__ 1 8- 8-14 20c (quar.) & 7 9 9- 22y2c (quar.) preferred (quar.) $4.90 preferred (quar.) $5;70 preferred (quar.) $5.96 preferred (quar.) —- common Vulcan Stock $2.55 Trinity Universal 8- 7- 25c ; _ (quar.) Corp. 9 $1.06 V* a (quar.) Royalty (annual) Trade 9- 7-28 $i.06% Toledo Scale Co. Tom Fund, — Wilbur-Suchard 4%% 8- Quarterly 8-15 25c Inc., 8-15 8-15 $1.16 Industries Mutual v Mfg. Corp. (quar. )___=— Materials, common (quar.) Vogt $5 9-11 $1.14 Common 7-17 9-30 J40c (quar.) Texas-Illinois Natural Gas 5% 9-15 1 (quar.)__ Co. 7-15 Eastman Volunteer Warner 1 9- 2% (quar.) ' ; date record Non¬ source. tax. INVESTMENT NEWS 7-15 1 12c (quar.)__ of America, com. pfd. (initial-quar.) Corp. conv. Walworth 7-15 7-31 (quar.) Sulphur 7 10- preferred Gulf Texas 8- 4 preferred $4.64 Texas $4 9- $1.08 common Service, 8-10 $1.27'/a (quar.). Ltd, Canada, 9-10 3-1-60 $1.04 (quar.) 5.10% preferred (quar.) Technology Instrument (stock dividend) Texaco Sea earned income plus 4 cents gains) ______ Food Co. (quar.) — 9-15 30c —— 4.16% 7-15 25c (quar.) common 7-15 • 2Va% „• B| (quar.) Tampa $7c 17 %c (quar.) Broadcasting 1 8- A. Virginia Coal & Iron Co. (quar.)_ Virginian Railway, 6% preferred (quar.)__ Natural Gas (stock dividend) 7-15 65c (quar.) the 7%. GENERAL CORPORATION AND 7-24 8- 5c 5% (quar.) dividend, deductible at 1 8- 8-15 75c $1.37 Va . Ventures. Ltd. — (1952) (1954) 7-16 Inc.— Fund, Vangas, Inc, $1.50 conv. preferred A 7 1 (quar.) : Common 1 8-31 8- 40c — — 9- 10c (quar.) (quar.)___ preferred preferred Camp 4V2% 9-15 7-31 37 V2 c Apartment 5.20% capital Vanderbilt Suburban Propane Gas Corp.— 4.20% from cents Vanadium common Inc. Income from 8-14 10- 12J/aC &. Webster, Stouffer Corp. Line (8 56c :___ (stock div.)__ com. Func?_-.__' 8-14 1 25c Stone Line Value 8-15 12 VaC — .__ (quar.)__ (quar.) (quar.) Value Inc.— (quar.) 8-14 1 8-15 $1.0614 16c 40c $1.31'A $1.37Va $1.433A 6% pfd. (quar.) Valley Mould & Iron Corp., com. $5.50 prior pref. (quar.) 9-11 7-31 25c common and/or this tax resident tax 12-15 10- 8-15 12V2C (quar.)'__. Co, preferred preferred preferred Utility Appliance Corp, 25c — (quar.) (quar.) Company 5V'2% 9-15 7-3 7Vic 25c 50c quar.) (quar.) Tobacco Leaf (initial "Upper Peninsular Power, common 5Vi% preferred (quar.) ,53A% 9-30 Co. Universal Pictures Co., Inc., 4 V4% 7-15 1 7-2 8-1 87Vic — Extra 8- f 8-1 50c 1 J15c (quar.) (quar.).; B.) P.) 1 8- 87Vic (quar.) Universal Corp.— (quar.) 9- . $1.18 35c 7V2c 7Vac 87y2c (quar.) Universal Insurance 7-28 ".,'-7.. ; .. ■ 3 15c (quar.) preferred 7-31 7-30 ... .... 7-3 $1.50 preferred (quar.) preferred (s-a) Corp, common (quar.) 8- 25c (quar.). C 7- 1 8c A B Whelan 8-15 35c — ; Textiles (John Stevens class ...... .. 9-18 62Vac common 9-10 30c Co.___ preferred 1 8- 25c (quar.) (quar.) 20c 10c (quar.) 7-14 8- $1.12%. —— preferred (quar.); 8- (quar.) funds, 15%; income United Wallpaper— Ltd. Stern ofd. $6 ' not closed for t Payable in U. S. funds, less x Less Jamaica income tax. 8-31 10-10 62y2c 37 Vic — United 1 •■■■ t56V*c Canadian tax British date $2.50 (quar.)_ preferred (quar.) Fire Insurance (N. Y.) (quar.) Railroad Securities Fund, Inc 1 1 8- .. Corp.— 4V2% S. 10- $1.06(4 25c (quar.)__ Machinery Corp, com. preferred (quar.) Borax 1 (quar.) preferred & 4'/2% RR. United Shoe 8- (quar.)_ & Canal Corp. Jersey 9- $1.10 ) Stern books in 11-30 8- 40c Stores Bros. Transfer 12-10 t$1.32 Sterchi • 3c Improvement, commonpreferred (quar.) 7-15 1 resident Gas 4- 9 8-10 8- 1 $30c Previously published 40c Co. & 7-16 ... : y $1.15 (quar.) Canada, Ltd. (quar.) of 9- 8- 1 .. 8-31 8- 1 Stein J 8-24 8- preferred fauar.) Bros. 9-15 9-10 common preferred (quar.)__ 9-30 30c preferred - . Zeller's, Ltd., 7-31 $2c 65c (quar.) 9-10 (quar.) 5% 8-14 Gas 60c $1.20 pfd. 5% Stedman 7-10 9-14 37Vic preferred (quar.)__ Mines, Ltd. (resumed)—_ Bear United 8- class A convertbile County 8-14 156'Ac Lithograph 8-1 , 9-15 97%c (quar.). Btecher-Traung 6% York " Less (quar.) Stanley Brock, Ltd, 1 ' v .. a Corp. (quar.) Ltd, 4V2% pfd. J.) 4 7-10 Co.— 9 $103% Shares (William 9- 8- Cab 7- U. S. Standard Railway Equipment Mfg. (resumed) Stange 9-14 Yellow (quar.)__ 7-31 92 %c (quar.) RR. (quar.)— (quar.) preferred and income 5%c Co., 4 9-18 ' ' :•; v ' • . 8c 40c 56(Ac. Standard Packaging Corp, $1.60 investment net 27y*c — (quar.) Fuel 9- '. V . Machinw profits— United Electric Coal (quar.) 6% Engineering Standard 9-14 Yates-American t Payable securities from 3% — (quar.) International 7-18 \ 7-10 7-10 30c Spokane Sprague 11-20 7-31 Monthly 8-13 7-10 27%c (stock dividend) Spector Freight System, class A B 12- 1 25c 8413 1 8-10 1 . Class 25c 1 9- 1 $1.10 ___, Spencer Keliogg & Sons 10-20 8- United-Greenfield (quar. preferred 2 3 8- - Southwestern Public Service, 4.4Q% preferred (quar.),, — 4.36% preferred (quar.) ; ; 3.70% preferred (quar.)__ 3.90% preferred (quar.), 4.15% preferred (quar.) 4.40% preferred (quar.)_. 4.60%. preferred (quar.)__—— Special Investments & Securities, Inc.— Common (quar.) 4'/2% 11- 7- 9- $1.25 t30c — 8-20 1 25c 1 $1 ' • (quar.) investment :— — 9- Monthly 8- 4 Vi % Ltd— 8-20 9- 1 25c 50c 27 y2c Paper Mills (s-a) Electric Service— Southwestern from 7-13 10- 1 Continental Fund— 5c 1 25c 12y2c ; . preferred (quar.)—,— Shares, 8- Extra , $1 $1 (quar.) 1 Southwestern 4.40% - (quar.)__—,___ United Airlines, Inc. (quar.) United Artfists Theatre Circuit— 1 8-3 $1.11 ____ Monthly Yellowknife 8- 9-1 Wriglsy (Wm.) Jr. (monthly) 7-20 10c 10c . * 8- 8-25 8-25 7-20 25c , 1955 preferred series 1956 a8p a4p 62yac 7-20. 25c 1 preferred 8-15 Corp.— series (interim) (quar.)__, 26Vhc — Railway Southland 1 8- Power— __— non-cum 8- (quar.) com. (quar.) preferred Co. 7-15 7-10 1 8-15 18c 38c $1,25 (quar.) (Los Angeles), cl. A (quar.) United (increased-quar.) preferred (initial) Bouthern 7-10 Ltd, com. 15c : Common 5V2 % 1 W.) 8- 8-15 $1 $1.12Va $1.20 ■ (increased),,,_ Co. 8- 68c . Southern Indiana Gas & Electric— 4.80% preferred (quar.)_ Southern 4% 59c 59c (quar.) preferred (quar.) preferred (quar.) : 5.44% ;Class B United Aircraft Co.— 2nd preferred Oil & Gas (F. Electric Co.— preferred (quar.) 4.44% 7-20 8-15 87y2c 92y2C Gas System (Kansas), preferred (quar.) Oil Co. (California) Union 7-20 12V2c — 25c 8-31 7-15 7-13 1 8- Worcester County (quarJ $4.50 preferred (quar.) 5% 8- 1 8- 1 Bonus assumption. of Canada, 9-19 — (P. W.), Ltd, ordinary Wo a 1 worth preferred Union Woolworth 4 issue is being called for but have not been able to (quar.) preferred (quar.) 5 8- (quar.) 8- 30c $1.25 $1.26 $1.27 (quar.) com. (quar.) (quar.) Witco Chemical (quar.) Ltd— preferred 8- preferred preferred $5.08 preferred Co.— 8-31 preferred Southern the (quar.)—,—_—_________— preferred $5.04 this Electric 8-31 common 7-20 10-19 7-15 Payable of Rec. Share Wisconsin Public Service Corp, $5 preferred (quar.) Holder» When Per Name of Company 8-31 8- 3 11- 2 7-30 $0.2137 believe 8-31 ——— 9-15 $1 (annual) redemption, 30 Vac (quar.)—% $1.25 62y2c 62y2c preferred We 5 28c __ Street Acceptance Corp, 29%C preferred A (quar.)J___ (quar.)__ pfd. 4 8- Whpn Holders Payable of Rec. Share $5 - Co.— % (quar.) preferred Bouthern California Water, Common Salle 2 9- 5c preferred 5.44% La South 9- 9-30 12 V2c 4.88% 4%% Co, 26 V2C 4.24% 4.73% 4% Gas 9-30 —_ (quar.) , preferred (quar.)—___, preferred (quar.) * preferred (quar.)_: 4.80% Trunkline 9-30 Common 4.48% 6-30 7c (quar.), Natural Gas California Edison Southern Per ■. Name of Comparty 7-31 38%c (quar.),, preferred $1.55 Boss South Holders Payable of Rec. 3iy4c Sonotone $1.25 When Share Name of Company Smith 49 (401) & Co Kormendi & Paine. & —V. Co., Webber, Curtis 190, p. 265. Inc 300,000 Piper, Jaffray Quinn & Co Ross, Lyon & Singer, Deane Stein Bros. & & Hopwood Inc. Suplee, Yeatman, Mosley Co., Inc. Warren W. York & Co., Inc. ------------ Zuckerman, Smith & Co. Jackson 350,000 175,009 50,009 Inc. _ & Scribner Boyce Straus, Blosser & McDowell —— Stroud & Company Inc. Charles A. Taggart & Co., Co 50,009 175,009 175,000 ^ 200,000 200,000 . 50,000 _a 100,000 109,000 50,000 60 The Commercial and Financial Chronicle (402) Keheis Co., Inc.— Stock Offered *hares of class A stock Offering of 87,000 — Imperial Prairie Savings PROCEEDS—All of shares the being offered issued are standing and no proceeds from their sale will accrue to \ BUSINESS—The 4»ulk primarily chemicals active the as reported pany Reliance securities founded was in 1919,\has achieved outstandinkdistribution and noteworthy a with the of The Drug a wumber of revealed on Mr. ©oatinue stock,\Justin William that head active as Rexall of shares July 13. reported Dart of the Rexall Dart, Archer, President of Title will firm, directors Gross and highest of Rockwell Ended Het 30— June \1959 income— Ratio Book ! income value the On of lirst figures have Machine 50% stock a May Rockwell 31 On progress. 5.0 $0.71 $20.65 Voting form 7.8 $1.29 share__ per NOTE—1958 .Automatic \ . that time.—V. date 188, been Corp. restated and $19.38 dividend stock \split a Gross months located at Stenton 4865 registration statement with the outstanding the fcy shares present Kidder, offering of holders Peabody price ment.—V. 187, capital thereof & and SEC Philadelphia. July 22, on stock, to 1959, offered be Schmidt, Roberts terms to underwriting are sale filed assets with $62,059 1958, an increase of 45.1%. to equal now 11 to Corp. — Common The supplied by This amend¬ Stock Offered — The stock ($1 par) at price of $14.50 a Aug. 4, on $17 cago, New plant in maintenance York City Salem, and of High permanent Point, N. The 1979 showing rooms in Chi¬ C., are conducted at its option «tock ($1 par), there are presently UNDERWRITERS—The tec purchased authorized underwriters by each of them are shares 500,000 371,400 shares and the of common outstanding. number of A. C. I. duPont Allyn and & Co.__ 31,403 Co. first Ira Securities First Haupt & W. Hentz & Hirsch & 189, 9,375 Walston & Inc Deetjen & Co.__ 2,250 Ferman & Co.__ 2,250 6,375 Co Emanuel, Robert First L. Southeastern 6,375 Co Granbery, 5,250 of 30, begins the debentures 1969, thus prices plus par, Feb. 1, the proceeds in company from part the sale close retirement retire to corporate The purposes. balance of the is The 2,250 lieves 2,250 incurred proceeds will that it ranked first machines; July1110^6 As " • ; • in sales outstanding shares of common ^L«,°efS include the recent issue of Corporate <■+WT-a | ' .same period on 1,481,280 In 1958 was 18 cents b00k value of San Diego 7w8 PCr shares per U.158.223 These Mr. almost of coin-operated Savings, Chula Vista, I>LllarsS, Texas are: and and and stock. Mr. Schneider 1,400,000 additional of common stock shares of as June „ entire will ^as , of First for cer¬ „■ the be available of acquiring and loan associations holding the in the State of permanent of the a reserve maximum stock organization, 1959 the terms purchase and of prospectus Chemical Co. lists Albert Agreement — on of of Merger— 7 will consider approving Plan and Agree¬ 10, 1959, providing for the merger of Chemical Co., (an Ohio corporation) into the Aug. dated July Agricultural corporate action from 90% to 66%%).—V. New England 189, 2937. p. Telephone Co.—Earnings— 1959—Month—1958 1959—5 Mos.—1958 revenues $10,579,954 $9,814,503 $51,834,160 expenses 6,441,233 6,185,718 32,100,490 1,661,474 1,458,915 7,847,294 income taxes— $48,223,293 30,729,781 7,019,197 operating taxes. 501,377 442,193 2,437,110 2,139,954 operating income $1,975,370 $1,727,677 $9,449,266 $8,334,361 1,650,058 1,448,207 7,845,354 6,973,347 after charges 190, - 94. p. Southern Realty & Utilities Corp. — Securities and Exchange Commission— in months ended of services such April 30, net sales per common of corporation, located at 370 Seventh Avenue, New York, filed registration statement with the SEC on July 21, 1959 covering 300,000 of common stock, to be offered for public sale through an underwriting group headed by Hirsch & Co. and Lee Higginson Corp. a The public offering price and underwriting terms are to be supplied by amendment. Tne principal underwriters, in addition to the under¬ writing commission, will be entitled to buy at 10c each, warrants to purchase 15,000 common shares exercisable at $12.50 per share for a period of five years. Southern for United 1959, the and with net TO PRESENT FINANCING 5,130,200 price, under 95,000 shares of *1,179,946 shs. the reserved debentures for 50,000 issuance held and conditions from the set of C. Allyn Auchincloss, Parker path period Ellis Burnnam M. R. Dickson S. Inc\ Eastman savings curities 189, Corporation 2.25 and Paine, Shearson, Hammill & Co._ c. E. Unterberg Towbin Co. 2936. Webber, Inc Jackson Curtis expects Westheimer J. C. of to this be reimbursed stock offering in that are of amout estimated at the proceeds $3,275,000, and or other company of the corporate purposes. has outstanding 416,000 common shares debt. Management officials own 326,853 ana $1,392,794 shares, 78.6%) stock. Upon completion of the public sale of the additional 300,000 shares of stock, public investors will own 41.9% of the then outstanding stock for which they will have paid $3,750,000, or approxi¬ mately 55.5% of the aggregate cash invested. & . Wheat & Co The 3.5 Watling, Lerchen & Co 2.25 1 long-term 2.0 7.0 . prin¬ company's general funds and will be available for development properties acquired, for working capital, and for additional acqui¬ of 2.25 Milwaukee Company Ohio Company 2.0 Dillon, Union Se- represented the 7.0 McMaster Hutchinson & Co. Company, & Co 4.5 2.0 The 4,5 and 2.25 Lundborg & Co McKelvy & Company 2 25 & to The Com- Co Co. p. .' 2.25 & Fulton Reid & Co., —V. Higginson 2.25 r"7T & sitions Company— Clarke $1,062,048 joint including receivables by him in that amount in connection with trie acquisition of the Beach County property. An additional $180,000 will be used, to off other notes; and an aggregate of $1,150,000 will be used for development of the four groups of property. The balance will be added of Co Irving Inc. three assets, included loan 4.5 & 2.25 Byllesby of net Palm 2.0 Stone Simmons— & of their assets $550,000 Hayden, Lee amount The pay Lehman Brothers and W. ^ underwriting agreement, to percentages of unsubscribed 2.25 John Drexel & Red- the members as tompany of will be paid in connection with the acquisition of the properties; $100,000 will be paid in reimbursement of the loan by the organizing group; and $160,000 (plus interest of $18,000) will be paid to an officer in payment of a note given to evidence a below: Co _— Whipple & in the Dunbar. Bradenton , 4,5 associates, to and issue). proceeds Hallowell, Sulzberger, Jenks, Kirkland & Co.__ Company, — the respective names & and .Inc. Bacon, the their the which treasury. contained in company opposite interest Net in business transferred Atlantic of accrued company the Corp. shares other which tracts for the purchase of additional properties (at $3,465,260, partly payable in cash). The real estate, principally unimproved, was acquired by the organizing group in 1957 and is located in Palm Beach County, Daytona Beach-Ormond Beach, and St. Petersburg Beach; and the organizing group also assigned to the company at their cost certain contracts to purchase unimproved real estate located at Bradenton, Fla. (for which it advanced the sum of $100,000 on behalf of the $75,000 5,130,200 conversion eight cipally by purchase money mortgages; certain real estate properties (against which there is a $1,540,262 mortgage); and Bradenton con¬ Deben¬ for was organized under Delaware law in May 1959 of engaging in the real estate business, in Florida. subsidiaries, Atlantic Park Corp. and Dunbar Corp., Inc. Kipinis, President, and five other company officials, together stocks and Outstanding Realty purpose two ventures the EFFECT reserved Mills has Irving company share. company's stock option plan and shares reserved for issuance under agreement for Bert the It $12,158,680 With shares equipment. *3,000,000 shs. shares 7,335 of the Registers This operated, phonographs $100,000 options The ™eld A. was Texas The Net UNDERWRITERS—The underwriters named below through their Representative, White, Weld & Co., have severally agreed, subject to H. of six conversion of of JExclusive the ^ of Merger, Smith Net music market, manufacture of electronic of uses ($l par) initial acquisition Texas. details capital. Other secured by a due in installments 301,777 exercise pany, Concurrently with completion the Subordinated Aug. 1, 1979 upon American Savings, same corporate Convertible at Savings, San Diego; South Bav Imperial Savings, El Centra, all in California. $673,436, and bySVfer5,hl First Savings during the Grand Prairie Savings, $108,983. stockholders Federal background Authorized ♦Includes Suburban 0tate Savings' Denver. Col°-. a"d non-coin , tures, due Common stock, at June 30, Savings working Period End. May 31— agreement for assets of Lyon commercial subsidiary had consolidated $1,308,603, equal to $1.15 placed with San Diego Imperialexclusive the of , % Subsidiary Formed— end certain chattel mortgage, to I960 Completion of the formation of the Texas Imperial Corp., a whollyowned subsidiary of San Diego Imperial Corp., on July 20 was an¬ nounced by T. Franklin Schneider, San Diego Imperial President. Mr. Schneider said, that Texas Imperial was organized for the pur- pose for debentures associations, and Agricultural Operating Operating be phonographs Noninterest-bearing note, shares. 30 offering is to finance the acquisition of title, assigned to the company, to a garden-typo President. Southern busi¬ coin-operated coffee vending the purchase of Industries, Inc. an automatic CAPITALIZATION GIVING said for its income announced on into machine is Blunt ' vending engaged in the development and electro-mechanical devices for the armed and $119,000 000 fchne&r reponrUhe "rS' Sl" m°°,hs 01 1959 associations it States share. Imperial's eafnings on savings accounts and ■ by re' comPared to a book value of $1.19 loan company also makes related equipment for beverage EARNINGS—For increased entered and of \ has and June 30, the corporation's assets had climbed to $144,975,996, •©ompaied to $26,433,574 on June 30, 1958, he said. total represents a consolidation including the net assets of first Savings and Loan Association, Corpus Christi, Texas, and Grand frame Savings and Loan Association, Grand Prairie, Texas, both of which were acquired recently by San Diego Imperial Corp. These associations reported a combined net earning of $271,983 for -the six-month period ended June 30, 1959, which sum is not included w this periods earnings of San Diego Imperial Corp. Consolidated net earnings of San Diego Imperial Corp. for the period ended June 30, 1959 was 31 cents per share on earnings it cold The Corp.—Assets Up $119,000,000— Franklin Schneider, President, ^ear' and the Massachusetts Mutual Life Insurance Co. has been made hy this corporation. This placement was part of a -$4,400,000 financing involving two life insurance compa¬ nies. No interest rate was announced.—V. 190, p. 265. have this contracts expenses as of certain United States during its fiscal year ended Oct. 31, 1958. In April, the company acquired the electrical cigarette vending machine of Eastern Electric, Inc.; on May 27, 1959, it acquired The Bert Mills Corporation, a manufacturer of Ryan corporation of engaged the Aeronautical Corp. — Private Sale —A private placement of $2,200,000 of notes, due in 1971, with the of^this to (including waiver by common stockholders of all preemptive rights to acquire unissued shares of company and reduction of vote required by the preferred stockholders outstanding for approval of 1958, San Diego Imperial are company the assets Assets participating securities Smith-Douglass Co., Inc., below.—V. 179, p. 441 and V. 173, p. 204. The —V. corporation The consisting Smith-Douglass Co., Inc.—Agreement at at the of debentures notes bank filed proposing multiples of in non-callable, each. $50 York, 1959, properties Smith share of the of at New debentures semi-annually the at offered par) units, each preferred stock 198. p. Merger— ' from 105% to interest in each retire ($10 in other Mintzer ranging to outstanding for stock per redeemable accrued 1970, providing $20 at 190, Financing Proposal first a and deben¬ common said.—V. . principally in the manu¬ and sale of automtaic coin-operated phonographs built in 100 and 160 selection play models, and related equipment, including remote selection devices, speakers and amplifiers. The company be¬ 2724. p. 5% BUSINESS—The 2,250 __ Marache & Co._ Westheimer and Company redemption sinking fund at fund into 31, 1964, and debentures will be The at convertible Brooks Tarrytown, Inc., 115 Chambers Street, statement with the SEC on July 13, purpose ment July Mr. facture Com- pany 6,375 Stockholders— acquired. 3,750 7,500 Co.. & Co., Leach be Siegler will be acquired on the basis of $1,319,836 cash mortgage of $1,767,865. Of the net proceeds of this $1,199,836 will be used to pay the balance of cash required to acquire title subject only to the first mortgage indebtedness: $50,000 for constructing swimming pool and related facilities; $220,000 to The Sire Plan, Inc., an affiliate, to reimburse it for a $120,000 purchase deposit, $50,000 for assignment of the purchase contract, and $50,000 in repayment of a loan; and the balance for certain printing, legal stock held of record common Brooks, G. financing, its subordinated of stock The and Land general corporate uses including provision of additional work¬ ing capital both for the company's operations and for the coffee and pold beverage vending machine operations recently acquired or to be 3,750 & by tain Sterne, Agee of for other 3,750 6,375 Corp. Co. McDonnell —V. Co Corp Cleveland used 3,750 - Goodbody & Co.__ 9,375 — Dempsey-Tegeler & The Co & outstanding 2389 p. 2389 maturity. 3,750 Baker, Simonds & Co., Inc. Bioren the Nov. by will maturity. PROCEEDS—Net 9,375 & convertible before or sinking years on issue to Shares Company, Inc. Bache ten on company for The ness shares Shares franc is for follows: as shares surfaces. purchase See debentures the of and par, case. the the of 39.3% John to offering of 18,000 ten-year 6% 18,000 shares of $3 cumulative, offered The period same according Co., apartment development known as Sleepy Hollow Gardens in Tarrytown, Westchester County, New York, now owned by Sleepy Hollow Gardens, will underwrite the offering. per share thereafter until Va. CAPITALIZATION—Of the in Plan public under Rights to subscribe, evidenced by fully warrants, will expire at 2:30 p.m. (CDST) 1959. White, Weld & Co. is manager of a transferable BUSINESS—Corporation is engaged in the manufacture and sale of medium-priced upholstered living room furniture. Its entire operations, the share per outstanding stock the right to subscribe for $5,135,000 prin¬ group that of share per Corp.—Rights Offering to is offering holders of the company. •exclusive $1.63 July 21, 1959. on share. per represents holdings of selling stockholders, none of the proceeds of the sale will accrue to lience equal cents tures for each 23 shares of stock Brooks, of one $50 debenture and one share of (minimum sale—five units), at a public offering price of $100 per unit. The offering is to be made on a best efforts basis by Sire Plan Portfolios, Inc., for which it will receive a selling commission of $15 per unit. Net income from to Aircraft control $50, and preferred tures, due Aug. 1, 1979, at the subscription price of 100% per unit on the basis of $100 principal amount of deben¬ A of radio registration the share for the same profits realized from the to 74 cents per share com¬ corporation common .syndicate headed by Francis I. duPont & Co., New York, «nade public offering on July 23 of 127,778 shares of common Sire a per Breliant reported.—V. Mr. cipal amount of 5V4% Furniture equal $965,335 was $421,583 owns Co., G, Contract— Sire Plan of Tarrytown, Inc.—Files Inc. company Insurance John division by a begin Hughes external investments for the first six amounted'to $5,358,865 compared with $3,692,- amounted Seeburg headed public group ' Rowe the were 1958. Title a 2494. p. of 15 Calif., Anaheim, of 70 to complex be equal to 75 cents increase of 125.3%. Net an of Co. frequency signal generator, the new equipment is being designed and produced for use on production lines of a Hughes classified advanced air-to-air guided missile. Signals generated in the unit will test the target-seeking radar "brain" and the responses of covering 155,269 public sale by Parke. & be 1959 of A in the history of this company. investments was $2,866,103, com¬ $428,425 1958, the President. and operations investments with produce from 1958. period of 1959 of July on from contract Sperry-Rand Corp., for the Army's gear company's Hallamore Electronics Division has received an equipment development contract award totaling more than $250,000 for underwriting an from same $100,000 a subsidiary of electronic test a announced was Electronics Division Receives the same period of 1958, an increase of operations and investments was $534,923 in from and of The Pa., and the same period of period With SEC— Ave., through and Co. in compared of Company, period 123 operations pared William H. Rorer Inc.—Registers in the in 589. p. period income income of paid its financial passed $100 million mirk for the assets Net share per V in December, 1958. another milestone in passed total include\operatibns to reflect to Calif.— Dividend—Earn¬ second"' quarter the for months $1,916,448, it Co., special Siegler, the electronic check-out systems, with delivery immediately, Mr. Brooks said: Completely transistorized and miniaturized in aluminum castings, the test units are only one-fifth the size of previously available equip¬ ment which performed similar testing programs, Brooks pointed out. Seven each of 10 different unit designs have been ordered for use in the electronic test procedures at various stages of production of the "Sergeant" ground-to-ground missile.will per 2,453,000 4,446,000 sales to share per with of Sperry Contract— This operations three from 1959—26 Wks.—1958 $6,503,053 $41,833,170 $37,849,975 awarded been Engineering missile, scheduled Angeles, Los has manufacture Hallamore equal to 93 cents per share, compared with $245,676 equal to _43 cents share for the same period of 1958, an increase of 117.7%. Addi¬ tional net profit realized from the sale of assets amounted to $422,177 equal to 74 cents pei] share compared with $62,-592 equal to 11 cents 1958 $57,355,000 $48,853,000 net Earnings of Co., Insurance income net income 49.5%. Manufacturing Co.—Sales and Earns. Up— Months sales Utah the Higher- 1959—4 Wks.—1958 President as i July 17 on any Gross pared Six for recommended that the shares of the com¬ pany be split three-for-one subject to the approval of stockholders and tthe Commissioner of Insurance, it was announced by William Breliant, Chairman. In recognition of the rising level of earnings, Mrs. Breli¬ ant recommended to the Board of Directors that the quarterly dividend be increased at the directors meeting to be held on Aug. 21, 1959. "This is an entirely new venture for\us," Mr. Dart said. "Our ©hemo-plastics division has not previously been engaged in the plastic bottling field." IMCO headquarters is located in Kansas City, Mo.—V. 189, p. 2038. Net July 1394. p. corporation Sperry same The President, IMCO, Ave., Chicago, filed a 16, 1959; seeking regis¬ stock, to be offered for Homan on common of America—Sales Siegler Corp.—Awarded paper the Security has acquired the injection Molding Co., known widely manufacturer of plastic containers, for an undisclosed 189, This compared Scott trade- $146,513,271 1958. Sales of were half first the for $141,652,282 months six the for ings Rise company IMCO, «s to compared Plans 3-for-l Stock Split—To Increase Chemical Co.—Acquisition— & SEC its of $7,587,709 —V. products amounted to $119,195,248 against $114,555,378 period a year ago. Sales of other paper amounted to $24,325,360, compared with $23,403,531, while pulp sales were $3,092,663 against $3,693,323.—V. 189, p. 2894. stores Corp. "Sergeant" for throughout the country. The company,, with general offices in Balti¬ more, Md. and plants atXMitchell, Ind.. and Vallalba, P. R., last year had sales totaling approximately $5,000,000.—V. 189, p. 2894. Rexall the Sales half of 1959 amounted to $11,892,229, first dividends sales net marked sound men's record finest the for outstanding, Total with to approximately $1,000,000. announced that Stadium will operate Reliance organization. Stadium, which amounting South 925 employees of the company and its subsidiaries pursuant Employees Stock Plan VII.—-V. 189, p. 2724. its Shoe year. Stearns, President, separate subsidiary of the growth income preferred shares 2723. p. Co., with shares Period End. June 27— equal $1.48 per share on 7,897,965 common with $10,361,133 for the first half of 1958, or $1.35 per share on 7.894,822 common shares outstanding. Earnings per common share for the second quarter of 1959 "were 75 cents, compared with ,69 cents for the same period of the previous Net com¬ July 16 acquired the Stadium Manufacturing Co., nationally-advertised Pleetway pajamas, in exchange for of and a 139, the Manufacturing Co.—Acquisition— Timothy R. as $45,473.—V. 1959 companion This tnaker •cash of 28, to months ended June Zl, ings per common share by 9.5% for the first six 1959 over the comparable period of last year. ingredients in anti- March ended months income net a three Record Earnings- McCabc, President, on July 10 announced that sales and earnings were the highest in company history for any first six montns period. According to Mr, McCabe, sales increased by 3.5% and ea"a- after the and statement 1,000,000 Thomas B. pcrspirants. EARNINGS—For Roebuck of sale to selected Scott Paper Co.—Reports in tnapufacturers. The company's two principal products are aluminum fcydroxide gels used in the preparation of medicinals for ulcer man«gem£nt and other gastrointestinal disorders and a series of aluminum ©xychlbrides which find application -Sears, registration tration cosmetic and Sears, Roebuck & Co.—Files Stock Plan— First Savings and Loan, out¬ the company. fine sells pharmaceutical manufacturers ethical to and manufactures company and permanent reserve stock of American Savings and Loan, Corpus Christi, and Grand Grand Prairie.—V. 190, p. 198. the acquired Loan; Dallas; and made July 21 by Aetna Secu¬ was rities Corp. at $5 per share. Monday, July 27, 1959 * . . Company Southwestern Drug Corp.—Proposes Stock 4.5 3.5 This corporation, located at 8000 Empire July 22 filed a registration satement with 2.0 on 2.25 shares 2.0 2.0 Offering— Freeway, Dallas, Texas, the SEC covering 87,818 of common stock, to be offered for public sale through an underwriting group headed by First Southwest Co. The public offering price and underwriting terms are to be supplied by amendment. The company is engaged in the wholesale drug business. It has Number 5867 Volume 190 outstanding 412,132 common shares Summers is appointed. Mr: 'Ryan 'asstuned the duties -of Chief Executive, Officer at the. Electronics Development Corp.—Designs A Specialty A handle will which electric universal connector, Atlas matching male with female connectors in communications and other Equipment, 'was announced on July 13 by H. Russell Cammer, President. A $1,200,000 Defense Department contract for the device has been received, and production is under way, Mr. Cammer said, pointing out that the connector, first of its kind to-be made in the U,-S„ "has a number of valuable commercial applications in telephone, telegraph and other electrical circuits, which Specialty plans to develop." Oil Standard (New Jersey) Co. Refinery in Karlsruhe, Germany— of construction for Plans 5Va% ^ rates _____—. • Total % provisions and debentures, for depletion Total this in .V pipeline. Esso burg a was V "■Additional 17,103,891 190, income share per in $22,971,990 $12,066,317 intention work:..out to and Texaco, Inc., jointly announced iheir pooling of their interests on a basis under this .company a. which Superior would receive 2'4 shares of Texaco stock for each share Superior stock outstanding. Preparations for this are progressing satisfactorily and an agreement and plan of reorganization should be of ready West Germany, one at Ham¬ Cologne a day stockholders the submission, ic for Superior of for approval . has come out with a new 'line of multi-purpose rear the use of which is limited only by (the ingenuity and imagination of the person making the presentation. These new rear projectors, which resemble laree TV sets 'in appearance, combine the-features of movie projection, still projection (slide or strip film), This corporation view microphone. They are self-contained, movable, and can be viewed under normal lighting conditions. Another feature of particular interest to the instructor or con¬ ference leader is a removable x-emote control panel (standard equip¬ a be controlled. It gives the instructor or conference leader complete control over the presen¬ tation while allowing him to maintain personal eye contact with the audience. By merely pressing the buttons on this panel he can show a movie, switch to stills, go back to the movie, use the movie sound, or replace'it with his own narration by using the microphone, without any break in continuity. The=e new audio-visual aids come with either a 25"x34" screen or a 35"x48" screen ; : v " 7 ' ment l, the entire presentation can which from . Higher Earnings to year ago, a for the six months should approximate $94,000, equal share on the 262,619 shares of common outstanding, earnings Net cents 36 a compared with last Mr. year, the six months ended June 30, increase over $1,655,866 in the like for a 24% Earl Mendenhall, Chairman and President, reported. $2,063,577, totaled 1959, period corporation this of sales Net $37,291, or 14 cents Mendenhall said. amounted sales Second-quarter to in share a 7 the similar period , against $1,089,406, $874,285 re¬ Estimated ported in the quarter ended June 30, 1958, a gain of 24%. second-quarter net is $60,000, equal to 23 cents a share, with $40,419. or 15 cents a share, in the like 1958 period. Swift Co.—Gets Unlisted & has SEC in the .issued stock common the on York New order an Stock Midwest Stock application an unlisted for this corporation of and Trading Privileges— granting Exchange trading of company on July 189, * said, estimated are $158,200,000. at the annual fiscal year, ended May 31, 1953 the company of $2,323,952, equal after preferred dividends to $1.31 per common share, calculated on the basis of the 1.611,360 common, scares outstanding on May 31, 1959. Sales during the 1958 fiscal year totaled $158,434,253.—V. 189, p. 525. earnings net its boost rates of revenue about $30,000 000 are Corp.—Sales half net "The the $168,366, like or and 189, of 1958, net sales amounted to $11,862,946 $325,567 was equal to 97 cents per share.—V. period net'profit of order i April the said realize to convertible for an that bigger a Tampa which increase, is Electric is said Commission entitled only to earnings and for the fiscal year ended announced on July 16 again set new records ' for Sales 30% ' the gain year April ended the over • * $8,356,065 ' , last 30 were a record in sales registered in $11,378,979, the preceding ' . . $1,069,238 compared with $367,866 fiscal 1959 earnings were equal to $1.32 per share based or. 559,848 common shares, the average number outstanding during the period. Earnings in fiscal 1958 were equal, after preferred dividends, to $1.61 based on 505,900 common shares, the average number outstanding during the period and adjusted for the tbree-for-two split effected Feb. 20, 1958. Cash flow per share Net profit 1958. for rose from for After fiscal 1959 was preferred dividends, $2.52 to $3.—V. 190, p. 266. corporation loans placed tures privately in due 13 of $3,000,000 1974. announced sinking Placement— that fund had it deben¬ Life Insurance Co. The New York purchased $1,000,000 of the debentures and the rest was shared by the Massachusetts Mutual Life Insurance Co., - State Farm Life Insurance Co. Insurance —V. April 189, p. and New Co., State Farm Mutual Auto England Life" Insurance Co. return deficit through who underwriters and terms The Gyroscope Co.—Ryan to Officer— " directors on .julv Atlas Corp., - Continue as , Chief . 11 announced that Ray O. Ryan, Vice-President who was named Chief Executive Officer of the Summers of forth below the names set severally have set conditions forth agreed the prin¬ purchase, to Underwriting the in Principal the taxes equal $33,509 was 12 to cents a share on shares ofl combined class A and class B stock, compared income after taxes of $192,592 equal to 71 cents a share 271,675 net with 269,800 the on of shares the combined period of corresponding in "the class A and class B of Automation its Parker Auchincloss, Division out of current earnings. Baird & 189, 575,000 Patterson, Becker & Co. 575,000 Kraus Inc. Co. Incorporated Military Corp.—Awarded corporation military for July on the of of Wm, R. Whittaker, President.' Mr. Whittaker stated, calls for the by contracts, Telecomputing's usable Fixed first super-accurate missile launchings new a. from information into 3 digital form, ; — manufac¬ electronic simultaneous This vehicles. to —V. have 190, channels been missiles or space a major system required and the first production emanating translate already 95. p. for equipment is part of vital in-flight data complex and receive models development important* delivered to Prescott, Sons & Co., Denton, White from Sands Missile Range. The corporation SEC covering on Va.—Files With SEC July 7 filed a letter of shares of common stock notification with to be offered at Coffin & Courts share)- without underwriting. proceeds are to be used to purchase land, building and 7" The ment. Inc Burr, jointly by Stone Co.—Bonds Offered—A & the of issue calculated to prior provides for the retirement of 91% maturity. Sinking fund retirement prices are the basic yield to maturity. Optional redemption to protect prices scale from 106.50% for be the 575,000 The Robinson-Humphrey Drexel & Co.—— Eastman Dillon, Securities — Estabrook & Co & Company Fulton Glore, Co. Reid'& Inc- Forgan Hallowell, to the principal amount. the sale approximately $24,000,000 multiple-line natural gas transmission producing areas of Texas and Louisiana the United States. The company sells or delivers gas to distributing companies for resale under long-term contracts, its principal customers being the companies comprising The Columbia Gas System, Inc., and Consolidated Natural Gas Company. BUSINESS—The the 12 Weeks 575,000 Co 130,000 Co. 575,000 Swiss & Inc 220,000 < & Co._ Peabody 1,000,000 Lehman Brothers— Carl Loeb, M. — —V. 190, p. & Co., •_ COv_l 339,000 & Van Alstyne, Noel & Co. 180,000 189,000 Vietor, Common, Dann & 75,000 330,000 Co G. Walker & H. Co Watling, Lerchen & Co._ 75,000 180,000 Wertheim & Co 150,000 Co._ 260,800 150,000 75,000 260,000 75,000 330,000 180,000 180,000 339,000 Neuhaus Inc 575,000 : Irving Lundborg & Mason-Hagan, Inc Inc. & Company Underwood, 1,000,000 Rhoades Co M :Cormick 1,000,000 575,000 Higginson Corp Co Corp.— Spencer Trask & Co Tucker, Anthony & R. L. 575,000 Langley & Co. & Company, & Co. Day— 575.000 Co Lee Stokes & & Co.—_ & Co.__ American Thomas Company Ladenburg, Thalmann & C. R. Staats Haines Brothers Stroud & Kidder, W. 150.000 1,000,000 Walter & The Illinois Dean Weeden & Co. Witter & 75,000 330,000 Inc 575,000 1,009,000 Co 266. months ended through Tex-Tube, Inc.—To of May 31, 1959 the company sold and trans¬ subsidiaries the company owns and operates The ized common and on of to — Consolidated 3411,590,000 before for interest operating revenues of the company 12 months ended April 30, 1959. other deductions was $67,125,000. the and Plan covering 10,000 shares regular employees of the Stock Options.—V. 185, pp. 2144 and ratifying an Employee Stock Option stock to be issued to certain common company pursuant to Restricted V Texaco ' Inc.—Buys Paragon Oil Firm— plans to acquire the capital stock of the Paragon. and of its affiliated companies, it was announced on Julv 10* by Augustus C. Long, Chairman of the Board. The action will enable Texaco for the first tune to engage directly This income stock Increase Common Stock— July 24 were to vote on increasing the author¬ (par $1) from 500,000 shares to 650.000 shares on 1680. Venezuela. EARNINGS stockholders oil producing properties in the United States, Canada and Ecuador holds interests in oil producing concessions in Argentina and Gross E. Agnew & Co— Barney & Co & Co.__ Steele, Stern 150,000 260,000 330,000 Company Smithers William -1,000,000 330,000 575,000 company's ported for others a total of 708,267,900 MCF of natural gas. amounted S. F. Hutton F. & Smith, 75,000 Hutton Hornblower W. Shields Co., — Haminill & Co. Shearson, 260,000 575,000 330,000 180,000 • system extends from the gas into the northeastern section In 260,000 Shuman. Hemphill, Noyes & Co--E. 180,000 Parke Schoellkopf, Hutton & Pomeroy, Inc.—^— Scott & Stringfellow—_ Chas. W. Scranton & Co. Sulzberger, Ripley & & Roberts Schmidt, 1,000,000 220.000 150,000 1,000,000 Hayden, Stone & Co 180,000 75,000 Winston & Co._ Salomon Bros. & Hutzler 1,000,000 1,000.000 Co—„ & 150,000 575,000 Rowles, 330,000 . Corp. 330,000 330,000 Co L. 575,000 Boston Co.__.—— Rotan, Mosle & Co R Rothschild & Co._ 1,000,000 ____ Corporation—. First & Company, Inc Union Co. & 180,000 Inc. Reynolds Equitable Securities & applied on the payment of outstanding short term notes issued company's expansion program and the balance applied to that program, Co., Riter & Lazard Freres & Co—.— sinking fund & Pierce 575,000 & Jenks, Kirkland & Co. & Co., and Halsey, FUND—A Rauscher, 150,000 —• Dominick— Dominick Kallgarten and the books closed. SINKING 180,000 Co., Inc 575,000 Gregory & Sons——; equip¬ 220,000 575,000 Raffensperger, Hughes & & Co & 1,000,000 75,000 par underwriting group of 107 investment firms Weld White, Co. Putnam Merle-Smitlv___ & & Co Goldman, Sachs & Co. Webster Securities Corp.; Stuart & Co. Inc. on July 21 publicly offered an issue of $50,000,000 first mortgage pipe line bonds, 5V4% series, due 1979. The bonds are priced at 101.25% and accrued interest to yield about 5.15% to maturity. Offering oversubscribed headed Pressprich W. R. 220,000 Co— & Harriman Transmission . Dillon, Read & Co. Inc.. Dick ■ Gas & 575,000 Co._. & the per 29,000 Shepard Inc 150,000 Dodge The , Pin Bowl, Inc.; Alexandria, Co., 575,000 Inc 75,000 330,000 220,000 330,000 Bros. First Southwest Company Ten .— & Inc Dittmar & Company, Inc. _ installation at White Sands Missile Range is Telecomputing's Decommutator, a high-precision sys¬ tem capable of processing telemetered information from 90 separate Another Pollock E. Wm. 220,000 & Brown Burns Clark, Camera Reader (trade name film reader that will analyze and rapidly translate the data ■ Alex. 75,000 Phelps, Fenn & Co & Inc.—.—— Company, has bfeen awarded contracts totaling $260,000 by the manufacture of highly advanced electronic equip¬ ment to be installed at White Sands Missile Range, New Mexico, it was This the & Inc Christensen, 1,000,000 & Co., Inc Bosworth, Sullivan Contract— Copeland Writer & Peters, 220,000 Co & 75,000 260,000 '■ 1,000,000 Curtis Kendall, Inc 575,000 Blair & Jackson Webber, Stearns & Co._— Blyth Telecomputing Company- Paine, 575,000 180,800 220,000 Corporation 260,000 220,000 & Co & Hanseatic York The Ohio Blair & 920. p. Mosley Newhard, Cook & Co.—. 220,000 Co., Incorporated Surge 260,000 Mullaney, Wells & Co.— William —V. S. 220,000 W. G. 260,000 .— F. New Whipple & Co. A. Co., & Turben 575,000 Redpath Bear, 1,000,000 Smith Inc.- & Inc & Robert Ball, Pierce, 575,000 .__ Bacon, Popkin-Clurinan establishment „ 75,000 Inc— The Milwaukee Company American Securities Corp. stocks 1958. pointed out that although net sales and gross profits continued to increase during the first nine months of the current fiscal year, net profits declined, however, because of the management's decision to finance its expansion program in the Mr. Merrill, Allyn and Company, Inc; Lynch, Fenner 2,770,000 Co Weld & Merrill $2,775,000 Halsey, Stuart & Co. Inc. 2,770,000 Adams & Peck 150,000 A. C. after McDonnell & Co., Secu¬ Corp.-.— White, President. income Webster & rities corporation which specializes in the manufacture of advanced custom designed electronic equipment, reports for the nine months ended March 31, • 1959, net sales of $1,155,185 compared with $1,130,607 in the corresponding period of 1958, according to J. R. Popkin-ClurNet Amount' Amount Stone This and Summers Executive are consolidated subsidiaries of the com¬ aggregate principal amount of bank Principal Directly or 2832. the 1959, 30, subject to Agreement) th~ principal amount of bonds set opposite their respective names. The underwriters are required to purchase and pay for all of the bonds if any of the bonds are purchased by them. Stone & Webster Securities Corporation, White, Weld & Co. and Halsey, Stuart & Co. Inc. are the the and gas of preferred UNDERWRITERS—There cipal new Manufacturing Corp.—Earnings Declined Telechrome PROCEEDS—Of the proceeds from Corp.—Private July on remained reserved conversion upon second managing underwriters: will Gas Propane Suburban This the Revolving Credit outstanding under notes had outstanding $42,015,781 and long-term notes. pany 6.74% The 5.81. it brought which it to nationwide 30. 1S59, W. R. Sidenfaden, President, annual report to shareholders. a year. of Incorporated—- Sales - in the prime commercial rate The company's Gas over borrowing. of the 4.50% and the 4.72% cumulative stock, and 631,068 shares were reserved Issuance under the company's Restricted Stock Option PlanJ^ issuance NOTE—At the through further economies and savings it anticipates effecting reduced fuel costs," the Commission said.—V. 189, p. 1068. Tennessee Service, Inc.—Sales Rise 36%— of !At June 1, 1959, 2,042;016 shares of common stock for 13 p. 857. Suburban Gas »/a% for sinking funds. pany in Commission realizes that it has not asked for the full is entitled, but expects to overcome that company 6.74% in 1 increase, net earnings, and the present rate will bring earnings up to 6.5%. year increase ($10 fiscal year, net s^les, of $8,076,633 78 cents per share, after a tax credit. the current of of loss For the 1959, the and a reports for the six months ended May 31, This corporation initial Earnings Lower— and of time Storage Ciedit Agreement. April 30, 1959, there were 1,128,000 shares of preferred stock and 4,753 shares of preferred stock were held by the com¬ Freeman Struthers-Wells the at iAt $1,585,000. ruled has Commission The Aug. on increase rate Utilities Public and granting the rate last year in not granting the action of July 8. erred of granted was order its In a could company additional 8 Railroad Florida The months. or preceding the For reported Gas 2832. p. Further Rate Rise— "Micronex"), announced that net earnings of the com¬ 13 during the fiscal year ended May 31, 1959 arc estimated at $4,690,000, equal, after allowance for preferred dividends, to approxi¬ mately $2.40 a share on 1,611.360 shares of common stock outstanding at the end of the fiscal vear. Sales for the period, the company loans Agreement, $17,851,000 of notes outstanding under the Property Acquisi¬ tion Credit Agreement and $3,260,000 of notes outstanding under the is listed and registered which Exchanges.—V. its second July on company ture Inc.—Earnings Show Gain— Camp, Stokely-Van at an interest rate unsecured an There the privileges This One This Dec. 31, $80,000,- expiring Agreement Credit authorized announced pany Revolving a provides for short-term bank loans not to exceed be Credit Agreement expiring Aug. 1, 1961, permits borrowings aggregate of $6,000,000 at any one time outstanding, at the prime commercial rate for unsecured loans at the time of the borrowing. in The Mendenhall stated that the 151. p. the the has company which to for compared volume of sales should carry through the remainder of the year. Also, due to increased sales and plant efficiencies, net earnings should rise to approximately 75% greater than the $112,749, or 43 cents a share, reported for 1958.—-V. 178, Mr: under issued be may As long as any properties, j man. Sterling Electric Motors, Inc.—Sees 22,602,119 shs. 30,000,000 shs. series more or Storage I projectors, and in August.—V. 189, p. 2832. Tampa Electric Co.—Granted Alexandria, Va.—Announces Multi-Purpose Rear View Projectors— ! • Inc., 440,000 sha, 1969 outstanding at any one time. The interest rate thereunder is the prime commercial rate for unsecured loans at the time of borrow¬ ing. The company also has a Property Acquisition Credit Agreement expiring April 15, 1963, which provides for :hort-term bank loans up to $20,000,000 for use in connection with the acquisition of producing 000 266. p. Staples-Hoppman, New The $28.58 $54.40 ; one 285,802 Sh3. • bonds subject to the restrictions contained bonds of the presently authorized series remain outstanding, the total principal amount of bonds which may be issued and outstanding at any one time under such mortgage is $750,000,000. 1961, month Last %-7;>"'-'7; 50,000 barrel a day capacity and the other at completed late last year with a 68,500 barrel capacity.—V. Net ___ 1, share)! in > common April a securing mortgage $40,044,402 $39,676,504 — ____ ($5 1966 1, into conv. bonds common March through shs. 1,000,000 into conv. series, Common stock and income Philadelphia-Baltimore • - refineries other has.two G. A. with which Net 2,050,000 1,200,000 shs. series! in through stock therein. late 9,055,000 6,000,000 parU— stock ($100 par) series, 4.72% 22,572,613 17,951,042 20,000,000 ($100 preferred 4.50% new completed stock —issuable Ger¬ West Preferred 1,430,937 .22,093,360 80,000,000 Capital Stock— $63,016,392 $51,742,821 1 _ 170,739,000 1966-1978 credit stock Intangible drilling costs of wells-______ Lease rentals and abandonments, interest on from agreement ; Property acquisition credit agreement Gas storage credit agreement 1958 1,473,368 . 50,000,000 1979 outstdg.; int. 3%% to 6% ; Notest— Revolving Second ' income $493,640,000 50,000,000 200,000,000 1, Nov. due issues range Short-Term $61,543,024 $50,311,834 Balance Miscellaneous $613,000,000 series Debentures—Six operating income ■ : —$101,218,103 $79,635,644 operating, geological, geophysical, taxes and general and administrative exps. 39,675,079 29,323,760 were The the right of conversion into totalling $1,775,000.—V. 190, 1959 maturities 1966-1979 Production, announced on July 8 by this company. :':y refinery, to be built by Esso A. G., is scheduled ,to, be in 1962 and placed in operation on Jan. 1, 1963. It has been designed, to provide south Germany with gasoline, jet fuels, diesel oil, heavy fuel and heating oils. ■ Jersey Standard said that the location of the: Karlsruhe refinery is expected to provide a more economical method of supplying petroleum products' to the expanding south German markets. Presently this area is supplied with products which are distributed by barge and rail movements- from the lower Rhine and northern Germany: The refinery will be supplied through the South Eui-opean Pipeline when completed. The pipeline company has filed with- the French Ministry of Industry and Commerce an application for construction of a 475 mile large diameter crude oil pipeline from the region of Lavera, near Marseille, France, to refineries at Strasbourg, France, and Karlsruhe, Germany. Jersey Standard is one of the 16 participants many, ;*%7 and Company depreciation Karlsruhe, in ■: 777". •■■■ shares Summer rates range from 2%% to 5%%; Gross :; refinery large a the to Nine Months Ended May 31— , Esso Plans Large — 95. 1,095,652 on loans Outstanding issu¬ series:* in 13 series outstdg.; int. a few weeks ago exercised options to purchase Summers' stock for $750,038.21. Atlas holds addi¬ of line bonds pipe mortgage able maturities connector, type new of First Superior Oil Co. (& Subs.)—Earnings Rise— "non-reversing hermaphrodite" which acts as both plug and socket at either end of a multi-circvit telephone or telegraph cable, is highly important for military purposes in mo king, rapid connections under mobile field conditions, Mr. Cammer pointed out Any conneetor can be plugged directly into another without re¬ gard to polarity or change in conductor path.—V. 189, p. 2462. The options stock P. shares FINANCING PRESENT Authorized Debt- accepted by the directors on June 24. was only Corp. tional combined plug-or-socket unit and eliminates the need for a circuits 26 to up directors 1.271,000 Universal Connector— new TO EFFECT 51 At April 30, 1959 time the directors granted a leave of absence to Jack S. Warshauer, whose resignation as President, Chief Executive Officer and member of the board of New GIVING for purchase of inventories.—V. 176, p. 1269. principally for the CAPITALIZATION President last May, will continue in this capacity until a new company (in addition to certain indebtedness preferred stock).1 Net proceeds of the sale of additional Qpmmon stock will be added to the company's general funds and used as working and capital, (403) The Commercial and Financial Chronicle . . . Oil company Co.. Inc., 62 The Commercial and Financial Chronicle (404) the in fuel business oil the in, Mr. market, Coast East large CAPITALIZATION Long distributor of home and industrial fuel oils and other petroleum products in the Maine to Maryland area, and has its• head¬ quarters in Long Island City, New York. It operates a small fleet of oil tankers and through its affiliate, Paragon Oil Burner Corpora¬ tion, of Mineola, New York, is engaged in the manufacture or oil is Common a burners.—V. 130, ••Includes (par reserved subject Carl M. underwriters Offering stock Loeb, set & Commission The Dodge & ——: 7,500 Co.— & 4,000 Baker, Weeks & 4.000 Chace. Whiteside Inc. Dominick Dominick & & 139, — 4,000 Co 4,000 of rfstock offering. * • The corporation was organized in 1957 to acquire and explore certain oil and gas leaseholds in Texas. In a notification filed in January 1S58 it proposed the public offering of 1,222,000 common shares at 10c a share. It then had outstanding 737,500 shares, of winch 230,000 jetliner Nights had Aug. Trans This • the on so-called E. The Commission offering the circular so-called that called with World jet It least at Jefferson in attention County, in S. 2,000 Airlines, Inc.—Expands Jet Services— between Kansas City and Angeles Los Aug. on 2, Senior July on Vice-President and System General Manager, 5. cities 23 already served Baltimore. between company's City as Other New York, San Francisco, are Chicago round a total a V. ISO, Tuboscope by Co. Common — Glore, Forgan Stock Offered—A group & of with application an the Federal the Texas The May .Rogers, The with 31, figures for services capital the earnings figures for the released of $1,294,706 for the Earnings per in of $15,311,563 Glore, organization Western Forgan & lances of Canada. It its of also drill pipe & Co., In letter a together addressed with its to its affiliated July 44,000 Co.— the oil pro¬ Coast, and is customers firms Paragon the on East to operate as a separate entity under the agement and personnel.—V. ISO, p. 306. same the Friedrichs 1958. stated Coast, merger corporate \of 59.14% the of Mr. 190, W. capable and & J. 8,000 Co. below R. have Phillips Company, Reinholdt 4,000 Russ 8,000 Company entered into A names, & 4,000 .for Smith, White, the 190, previous The notes. 8,000 E. it for working to capital.—V. Moore 189, additional 1840. p. Co— be N. Canada, for Ltd., of Mr. JLtd., years, directors of of the of is in the director in of at Wood Dry Board to pulp and 16 to paper industry membership on the his for Dock the Crown Co., Ltd., National and and Trust a Co., Trans-Sonics, Inc.—Common Stock Offered—Kidder, Peabody & Co., Inc., led a group of underwriters which offered publicly on July 22 an issue of 90,000 shares of common stock at and price of $12.50 a the per share. shares about outstanding BUSINESS—Company, ton, is principally engaged devices convert which them «^AR^N?S *7"nied and $845,000 the full year Incorporation to finance as of its at plant in the May 15, at production temperature and electrical signals. respectively, in 1948 were the of 72% Mass., of the Bos¬ Dec. The 26, 1947, expected July, and measurements and is in G. 809 are accounts the Street, of to serves Tank in to the has April $158,000, similar net 1959 sales compared with of 1958. In period income retained 30, most $215,000. Since of its earnings & Mfg. Co., division a location and certain the of one company's total the United States repair of tank new major network of area July Union and 23 Canada, for cars will ones be maintenance of Tank shops car repair inspection, area in the extensive an added. and and handles floor it of as Dome is regional a the Wood covered. area will sion River approximately the size same repair and maintenance facility .Car. Cost"' house The are of program River Dome part its approximately Dome less than $10 per Baton struc¬ for Union foot square of and the plant 56,000 is the as the modern tank car repair facilities company's $200,000,000 postwar expan¬ facilities and tank car fleet, now of consisting cars.—V. United Air Lines, The largest 190, 307. p. Inc.—Passenger Traffic Rises— volume of traffic passenger pany's 33 year history was reached new June peaks in flown in for month any estimated revenue company flew 6.631,000 freight ton miles the previous June; 2,735,000 mail ton miles 12%; up To and United lift Air DC-7 Lines, of 93%. by according v gain a miles for increase an of 32% of 27%.v Airliners— six Conversion ton express $3,000,000 contract a of for (including first class), 995,000 Convert conversion com¬ passenger ago, figures. The over the In addition, the company of cargo transportation. month-a-year to in June. all categories Systemwide operations in June totaled 534,664,000 miles, an increase of 4% over the same the. Each with airliners to Douglas all-cargo Aircraft Company for carriers is announced United's Cargoliner Inc. six of aircraft the DC-7 will increase Cargoliners will to Up carry of 32,500 air mail, express and freight at 365 miles an hour. already provides all-cargo service to 14 cities with a fleet DC-6A Cargoliners, each capable of carrying 30,000 pounds, United seven will The. and be retained in Aircraft corporation 1960, The service.—V. 190, 201. p. of "Our receivable will no shares total five which is development and A Union the Carbide and in¬ there par into originally recent cents) See V. 1,000,000 value. The and authorized common stock will be fully paid and non-assessable shares to 650,000.—V. 189, First Phase of Construction Co., Included in will make division this first up of the 190, Union of Union Research phase of construc¬ laboratory, a power and utilities building, development laboratory. The research center Carbide in the the nuclear Ore and 1959 go of completed, 100,000 the shares said shares of Sold— stock (par been common having sold. all Gas Light System, Mobilhome Sales Inc., above.—V. 189, 2726 p. and 2418. p. United Company, utilization reactor of Company and another division of nuclear technology the the will be building and its adjoining labora¬ tory are completed. In addition, the staff of Union Carbide Research Institute, a special research activity of the corporation, will use a portion of the facilities for fundamental research in a variety of fields. & Finance Corp., Chevy Chase, Md.—Files With SEC— The SEC corporation covering offered cers to at The $1.75 are States a letter of notification with the of common stock (par 10 cents) to be of individuals known to the company's offi¬ No underwriting is involved. share. per filed 6 shares group to mobilhomes on July on 120.000 small a proceeds ments . be used and & for freight Foreign capital and improvements; working capital. Securities Corp. . down — pay¬ Reports June 30 Net Assets Up $13,314,000 From 1958 Midyear— In its midyear report, this corporation, which is one of che larger closed-end Investment companies, reports net asset value of $124,072,330 as of June 30, compared with net asset value of $110,758,229 on June 30, 1958. The net assets of last June 30 were equivalent to $37.47 per share on the 3,310,815 shares of common stock pared with $33.45 per share outstanding, on the same number of shares on 1958. com¬ June 30 During the 12 months period ended June 30, 1959 dividends amount¬ ing to $2.14 per share were paid, of which $1.4365 was capital gain and 70.35 cents was ordinary income. The capital gain dividend U. to $4,756,177.—V. S. Land 189, p. 853. Development Corp.—Buys Properties— The corporation on July 14 announced that this corporation had acquired major holdings in a transaction involving an estimated $30,000,000 in choice properties on both the east and the and augmented when expansion during July 13. 201. p. Carbide Sterling Forest near Tuxedo, N. Y. development work in these facilities will be concerned geology, mineralogy, and ore "processing in support of the mining milling activities of Union Carbide Nuclear corporation. on facilities will offering been Columbia 186, research in operations public has amounted which research minerals for facilities United Fuel Gas Co.—Rate Schedules to Be Bonded— See V. author¬ authorized were series., with Nuclear completed. main and ores buildings experimental for $39,000,000 for and $29,000,000 for production to the company's Connecticut plants. role in the field of missiles and space systems is for the program," Mr. Gwinn said.—V. 189, p. 961. major share same —■ $68,000,000 some and President, announced already underway, calls United Components, Inc., Grange, N. J.—Stock outstanding Corp. spend production expanding The 10 the each share having one rights and privileges as every preemptive, conversion or redemption the Corp.—Plans Expansion— William P. Gwinn, program, research enable Nuclear Labs.— on the Research with on largest circular building constructed by the company in La., last year. Like its sister Dome, the Baton Rouge Rouge, Chula the sale company company's which of reclassified was to new the Carbide have been located in construction larger volume of sales. 1959, stock, without entitled There is company increases an shares, 100,000 of are an under under corporation of announced the and Wood world's company is engaged in aircraft, missile and turbine working capital of the common increase Completed Corp., in maintenance facilities. accrued center comparable is diamond, 111., it was midwest. common has called for redemption on Aug. 4, 1959, all of cumulative first preference stock at $21 per share, dividends of 21 37/100 cents per share. Payment will be made at the Canada Trust Co., Toronto, Ontario, Canada.—V. 184, p. 95b. and near precision transducers, ended $3,251,000 and company expansion. The Union and baseball Tank new throughout (no par) outstanding and $42,000, stock Union Acceptance Corp., Ltd.—To Redeem Preference Stock— tion pressure the four months I*'™*'000 and nefc income 1958 sales being Three 1959. Burlington, obtain into the by class one share. The Large Dome— high River, Wood operation, points United books closed. PROCEEDS—Net proceeds from the offering will be received by five celling stockholders who will continue to own 428,010 of will plus Offering oversubscribed the 2614. P. its $1 par value of outstanding shares without affiliation' Zellerbach 307. p. Zellerbach value 550,000 rights. Crown the River plants The of and and stories 10 league in Graver modernization on Corp. Burrard Advisory addition July on of major of handled The Offered— company's incorporated was 10.000 other Board— on Board Canadian Transamerica a the of elected was Vancouver Toronto, 190, Chairman leader a 30 Youngman member —V. and than more board Youngman, Dome, company repair which Francisco, proceeds to the company from to contemplated necessitated no-par all open-hearth types of service now performed at Union Tank Car's present facilities, which have been in Wood River since February, 1913, will 8,000 & Stock San the for outstanding is Transamerica Corp.—Youngman net CAPITALIZATION—In ized tons years. by Co. 4,000 Co & Ma,sterson common California. of address be added carry vote Frank will 100 All of , PROCEEDS—The shares the of several furnaces roof Approximately 80% to improve oxygen. in Car Co.—Builds Union a supervision Car 4,000 — At the time of offering, there market State June, 1943. The Vista, California. . used be for A. pounds Incor¬ equipment, and in 1950 it took over the business of Aircraft Engineering Service, which started business in new financing will be used in part for the construction of a glass container plant at Tampa, Florida, and the balance for Improvements and extensions of other facilities and share. corporation the and partnership, ventory new of components a will capacity Steel open-hearth 200. p. largely responsible laws Lakes the 9 Locke, Jr., President. all-steel structure has a diameter of 380 feet and will rise to a height of 120 feet when completed. The Dome, located 25 miles north of St. Louis, will have no hindering internal supports whatever and will encompass a floor area of 110,000 square feet. Design and construction of the Wood River Dome are under the by 4,000 Gardner & Company, Co., research, development and manufacture Placed Pri¬ vately—Company announced July 21 that it has nego¬ tiated through Lehman Brothers and private placement of an $11,000,000 note due July 1, 1979, at an overall interest rate of 5%. Of this amount, $5,175,000 represents new financing and the balance a refunding of Securities per BUSINESS—The Thatcher Glass Manufacturing Co.—Notes to expanded need for an produced Tank to this by stock. man¬ combined a Great oxygen Nicholson, Linde's President, said that the plant will bo producing .365 million cubic feet of high purity oxygen a Signing of Incorporated- Corp.—Common Coast established no with at use B. gidnt covered 8,000 Investment porated 3,000 Engineering price of $3 a was continue in add 95. p. Pacific company, plants, oxygen created of Union outstanding Johnston & Currie_ July 9 offered 100,000 shares of at the would' the in central the Corp. oxygen month.—V. of Lester, Ryons & Co.—— Moreland, Brandenberger, 16,000 — A. The confirmed 17 from speed the steel melting process; 10% will be used for mechanized scarfing. The remainder will supply other finishing processes and general maintenance requirements. Shares Corp._ 20,000 Frederking 8.000 & Steel have the is other oil and of most business kind. owns 44,000 & & Co, Inc Hogle & Co._— Howard, Weil, Labouisse, Confirmed— on building 590-Ton-a-Day Oxygen Plant— and outstanding capital stick of Tuboscope Delaware corporation performing similar Co.—— Winston Tyce Inc.—Merger laboratory^ this oxygen smaller United Texaco, air-conditioned , Garrett-Bromfield J. —V Paragon Oil Company, Inc. Paragon with Texaco, Inc. and in developed the owns Equitable Securities compared for principal of¬ paraffin. Rowles, equalled $1.03, after deducting preferred cents a share from gain on sale of share last year were 61 cents. with inspection Dempsey-Tegeler B. 41 compared with primary underwriting agreement with the Selling Stockholder pursuant to which they have agreed severally to purchase the respective numbers of shares of common stock, aggregating 200,000 shares, set forth below. Fridley $17,896,269, of throughout UNDERWRITERS—The underwriters named 1513. p. research processes Carbide day, have been However, plans to an share includes and Its Shares Ralph year, operates all of International, a Dittmar income inspection and It corporation Texas. stock of Tube-Kote, Inc., a Texas corporation, which serves industry and others by coating tubular goods, tanks and other products with plastic finishes to prevent corrosion and accumu¬ lation months 12 by oil metal 1958. reached 189, and Houston, testing products. company Company 200. p, largest The 16. common assets. Sales net sales preliminary fiscal dividends, •capital record on July on show Earnings per —V. has based President, $754,080 jstock 190, tubular the Industries, Inc.—Reports Record Earnings— corporation ended obtained."—V. Four ture ducing regions of the United States other than the West efficiency in operations on the Big Inch pipeline will by the addition of the proposed Longview Station," Mr. jShoup said. "Its chief use v/ill be to offset a planned reduction of «as delivery pressure by a major Texas Eastern supplier. Construction is non-destructive field effected authorization This corporation will continue Delaware a fices "Increased FPC price a books closed. BUSINESS—Tuboscope is at 2919 Holmes Road, Power $2,500,000. as at to scribed and the company's Big Inch natural gas pipeline that extends northeast¬ through nine States to a terminal point near New York City. Estimated over-all cost of the new station, which would have three 2,500 horsepower gas reciprocating compressor units, is approximately soon par) the remaining 200,000 shares of the 400,000 authorized) shares of Tuboscope Co. common presently issued and outstanding. Offering oversub¬ ward as Build to Union a (500,000 <of the begin ($2 hold to for to construct a new 7,5Q0 horsepower gas compressor station at Longview, it was announced on July 10 by A. J. Shoup, Vice-President and Chief Engineer. The proposed station would be placed in operation at the origin point will stock common cipal offices in Houston. juatural be of share. None of the proceeds of the sale will the company, since the stock represents hold¬ ings of the Tusco Corp., a Texas corporation with prin¬ Texas Eastern Transmission Corp.—New Station— filed authorization shares per accrue t: has 200.000 of $13 remote chance of yielding a profitable recovery." offering circular stated that "except as disclosed in this offering circular," officers, directors and promoters of the company have no direct or indirect material interest in thd properties of the issues. In fact, according to the decision, the mother of Carl O. Augello, an officer and principal promoter, is the lessor of the Augello lease. —V. 187, p. 2120. a The corporation main undertaken Th$ 95. p. headed formation. Furthermore, the offering circular was deficient respect to information relating to the La Salle lease, located near Augello lease, including failure to disclose that this lease "has This will be heated utilities building. of with Commission the be metallurgical Corp.'s division, Linde Company, wiil build a plant at Great Lakes Steel Corp.'s Ecorse, site, according to an announcement by Morse G. Dial, Board Chairman of the corporation.. Great Lakes Steel is a division of daily Nodosaria V The trip Co., Chicago, and Rowles, Winston & Co., Houston, made public offering on July 23 the of whichi will and Washington Aug. 21, when TWA adds a second jet and San Francisco, the airline will have By flights, Since inauguration of the first jet service on March 20 through June 29 TWA's Boeing 707 jetliners have flown nearly 195,000,000 passenger miles with an average flight load factor of 96%. See also to drilling on the Augello property to formation," which conveyed the impression possibility of successful production from that formation. This was misleading in view of the failure to disclose that the Augello lease had "only a remote chance" of producing from that formation. The circular also should have disclosed, according to the decision, that a dry well drilled by a prior lessee was not a wildcat well, but had been drilled after completion of two producing wells, and had the benefit of completion records and other information Telating to those wells, and could be considered an adequate test for the only is National will add another major city to its rapidly expanding with the inauguration of the first Boeing 707 routes 2, and the features operations chemical buildings and 2,000 ■ Co & architectural plant Linde will become the 10th metropolitan area on TWA's to be served' with daily Boeing jet flights. Also, on previously announced, TWA will begin the first jet service between Philadelphia and Los Angeles, and between Pittsburgh, Chicago and Los Angeles on July 25. St. Louis—New York service begins July 21. Texas. statements to in its Fall Wins- services Cocke, Kansas respect "Nodosaria is there lease O. U. to Augello shifts on the remaining two buildings, the nuclear reactor building adjoining laboratory facilities, will start in mid-summer. buildings will comprise the nuclear laboratory for Union Carbide. estimated that completion of these two buildings will be in the of I960,—V. 190, p. 200. and 4,000 Co Inc. Walker H. the 500-ton-a-day corporation announced Alaska residents at 10c per share, and the balance issued to promoters and officials for property, services and cash (at 4c per share) and to the lessors of leasehold interests acquired by the company as consideration for such leases. Proceeds of the proposed jsale of additional stock were to be used primarily for drilling a well publicly attractively with contrasting vertical designed to accommodate floor plan. In addition to been These — low, G. 4,000 4,000 , sold requiring structure panels Mich., network been two-story a have Work 4,000 of statements wall changes include The 2333. p. is curtain laboratory. 2,000 Day & of pilot will power Lee Higginson Corporation S. Moseley & Co Shields & Company Tucker, Anthony & R. L. 7,500 Burr, Estabrook —V. oifering circular contained the company's that ruled Weld & Co. Coffin laboratory steel laboiatory junits the building. also houses administrative offices and a library. Provision has been made for future expansion. development laboratory for ores and minerals incorporates The 4,000 F. . - material facts concerning the company s prospects of recovering gas and oil from its leases and with respect to the interests of the company's principal promoter in a lease, and that the offering circular failed to set torch facts, in a manner whicn would enable investors to form a judgment as to the merits of the misleading severally Hayden, Stone & Co.— 7,500 Clark, the SEC 22 have Shares <k Jackson White, permanently suspended a Regulation A exemption from Securities Act registration v/ith respect to a public offering of stock by this company, located at Anchoiagc, July announced The program many Rhoades Webber, any research stainless laboratories, The Curtis Suspended— Permanently decision below named the underwriting agreethe selling stockholders the .number of shares forth opposite their names below: Co. Paine, Corp.—Stock of from Kidder, Peabody & Co. Inc. 25,500 Exploration Petroleum Texas-Augello exercise Shares 190, p. 306. above.—V. the upon )n stringers. Monday, July 27, 1959 . technical Texaco, Inc.—Proposed Merger— Superior Oil Co. issuance 423,010 shs. the terms and conditions of to purchase common for main The clad Outstanding options. UNDERWRITERS—The agreed, of a 1959 15, *500,000 shs. $1) shares 7,650 outstanding stock 306. p. stock ment,-to Ir. MAY Authorized £aiparagon See OF A3 . . directors E. East, Hoy, had waterfront be west coasts of company's Eastern Shores, board of State. Charles now President, approved community under in the development Land next U. transaction, stock, is S. Land, involving subject month. to that plan North acquired. The disclosed the on the whereby a major Beach, and 1,300-acre Venice the booming Florida West Coast, will Miami exchange approval of of 1,050,000 the shares company's of U. S. stockholders - a publicly owned Florida concern, also owns 850 acre- [Volume 190 Number 5867 . . The Commercial and Financial Chronicle . Island, in Mobile Bay, Ala., where & self-contained residential community is rapidly taking shape six miles from down¬ via the Bankhead Tunnel. acquisition of the two Florida properties more than doubles U. S. Land's profit potential, according to Mr. Hoy. He said Pineda time, and in business town Mobile The new the policy of his It was company to purchase only prime land adjacent cities which are enjoying rapid growth in population. develops planned communities including homesites and properties. to established S. TJ. The . Shores Eastern properties, 411-acre a tract located main the on cast-west Sunny Isles Causeway, directly opposite the proposed site of Interama, is 907c developed and more than half sold — with custom-built homes in the $30,000-$60,000 price range already con¬ structed. The remaining property is valued in excess of $6,000,000. Venice East, with frontage on U. S. Highway 41 (the Tamiami Trail), is located between General Development's Port Charlotte proper¬ ties and the soon to be developed Ringling Tract in Sarasota, owned the Arvida Corp. consists of approximately by It Into FHA $25 approved 1,300 homesites, and acres to some sold be developed being is on down $25 a and than more The million. $12 Pineda frontage U. on S. Orleans. New property includes 90—major east-west Both waterfront and feet 6,000 over highway Florida are under Pineda Kales construction Island, value purchased estimated now island. the on originally at for than more has $1,500,000 $12,000,000. potential a also See Pittsburgh privileges in the July on shares 63,000 filed 6 of letter a S. Polymeric with notification of stock common (no per share, without underwriting. proceeds are to be used for working U. Victory The share one June par) the 30, The six holders, representing PROCEEDS—The the for SEC Mines at been record in from the sal'e connection processing of the at in industries. another is based EARNINGS—Sales $1,887,554, income the calendar 2958 for the is The in defense and at ended like the in EFFECT April t 5% bank loans * at 5% interest 1959, in 15 and quarterly the balance commencing Mar. prior fiscal II Of 31, in year f Includes redeemed • — t Payable 30, 465 and these installments shares, 30, equal to of excess not June on 1961, shares may and annum completed $50,000 Porcupine Porcupine : v Chesler placing A further 500,000 shares have $2.50 a share to $3.50 a share, additional $1,450,000.—V. 189, $2 share, a by Fund, Inc. —V. - 392,271 $60,574,584 $53,982,862 49,107,076 434,813 435,750 _. received— disposal cn filed capital of 349,053 51,665 assets— at letter of notification to be ($100 par per offered to be used to reduce a provision s 35,046,936 2,711,267 of 38,298,050! 539,847 Miscellaneous 1,881,218 2,985,115 2,079,839 (including income depreciation of $1,031,851)— products sold Selling and administrative expenses 864,479' & Telegraph Co., Corinna, stock 467,209 for before Canadian & S. Net —V. a common record of $66,491 —-—-— — from Deductions 44,763,637 taxes earnings 188, p. on $872,903 taxes—— income income 326,000- (estimated) $546,903 — 489. with the SEC subscription for without share), Zeigler Coal & Coke Co.—Places Notes— under¬ The construction loan. to are company in June announced the sale of $2,500,000 of 5% notes the Continental Illinois National Bank & Trust National Bank, First Continental Assurance Co., all of Chicago and to Chase Man¬ hattan Bank, New York. The notes are payable in 10 equal annual installments and contain, Co., Western Fund Fund for the Inc., 818 Seventeenth Shares, For of ment the with the SEC Systematic SEC— Plan—Registers With accumulation St., of shares Denver, of filed Western a Industrial registration state¬ July 17, 1959, seeking registration of $5,000,000 Investment Certificates and $150,000 of Fully Paid on warrants a share. to See purchase V. 189, 50,000 p. shares of Zeigler stock at $19 Zero Western The Newspaper Union—Notes Sold Privately— institu¬ tional investors, through Glore, Forgan & Co., an issue of $2,000,000 senior notes due July 1, 1974. See V. 189, **392,560 shs. interest p. company 2835. recently placed privately The with and company on Exchange Commission— July 2 filed a letter of notification with the SEC to be offered at $14.2© covering 16,175 shares of common stock (par $1) per share, without underwriting. The proceeds are to be used in - Manufacturing Co., Burbank, Calif.—Files With Securities the White to acquire a controlling Aircraft Corp. / of $15,000, 1963; commencing plus annual one-third of Sept. prepayments, for the earnings net $100,000. heretofore outstanding which have been, reissued. be 10,800 are shares owned against reserved outstanding stock options. ** Excluding treasury.—V. United This 16,050 189, States by the and company held in its 2834. p. Rubber Co.—Licenses Ford— has licensed Ford Motor Co. to use a method for laminating decorative and durable vinyl plastic sheet it was announced on July 21 by Earle S. Ebers, Vice-Presi¬ company continuously to metal, dent cal General and Manager of the rubber company's Naugatuck becomes the first automotive company to the Marvibond the laminating technique, called in- 1953 by Naugatuck Chemical. The auto of the process that makes both its be licensed to use process, developed firm licensee is also vinyl own first the film plastic steel. and Irving rently model Duffy, A. and lines Ford Group Vice-President said: "Ford is cur¬ vinyl-coated steel extensivly in the 1959 Thunderbird the extended use of vinyl to-metal laminates in other using interior v Chemi¬ division. Ford is currently under study."—V. 189, 2937. p. Develops Three New Tires— The on principle July of company profile tire 9 announced ^construction, fully in its 1959 premium tire, The has company struction—which series of It te that which also is extending introduced was 1960 its low success¬ Your Dollars replacement tires. three new tires;—all in low profile con¬ b*JLug introduced to more than 6,000 dealers at a developed are meetings in 35 major cities starting has original it to its new line of this week. we of the new compact cars to be introduced later this year. Dow 5n profile tires differ from the section—wider cross company than smoother says, curves—all they conventional are high. that in This makes they the oval tires, the are riding, cooler running and more stable on advantages .for today's sustained high speed distinct safety turnpike driving.—V. 189, p. 2937. Universal Finance Corp., Dallas, Tex.—Files With SEC The corporation July on filed 13 letter a SEC covering 10,000 sliares of common lered to underwriters and resold at National Corp., San The- proceeds are Antonio, to be of stock (par $5 per notification 15 cents) share, with to through be the of- Texas Texas. used for general operating funds.—V. 181, 1958. p. Universal This 2,000 announced This is targetted reached the Winding Co.—Output Schedule Reached— company of rate on a the its on to be installing Unifil Loom Winders at the starting in August, Robert Leeson, President, peak installation operations schedule foreseeable The expects month July 13. and since it is rate the toward latter expected which part that it the company has of 1958. It has been will be maintained fcr future. now has a substantial backlog of orders, sufficient to schedules well into 1960. New and repeat being booked at a pace rapid enough to maintain the back¬ log, Mr. Leeson said. Among the recent purchasers of Unifil Winders are Greenwood Mills, Pepperton Cotton Mills and Frank Ix and Sons. Up to the present carry orders company present production are help n make possioie tne make possible the AMERICAN "FRED CROSS develop$^;$fc^pecial 13-inch low profile tire which will equipme»gyjfc to $23 2835. Investment Certificates. 752 shs. 5Vz% $38,703,744 income— Earnings are 1959— $39,170,953 ' proceeds April 30, c"" Federal 6 (& Sub.)—Earnings— Spring & Wire Corp. Months Ended sales Cost of 777,100 1959—6 Mos.—1958 1959—Month—1958 7,513,340 July 923,300 income on Miscellaneous $8,969,552 on 1,662,025 1659. p. Young .Gain 8,416,297 stockholders 188, Other — above. $10,370,782 shares 1,766,484 Earnings Lower— writing. The taxes $17,529,009 $16,289,102 - income -—-—$843,184 *$884,925 Earnings per comomn share (after dividends on preferred stock outstanding) $2.10 *$2.12 *Includes non-recurring income of $358,500 (91 cents per share). thereby Maine—Files With SEC— 300,000 at for 1958 1959 31— earnings Royalties 248,744 100 May - Nine expenses company Ended Months Net ■ revenues taxes $20,887,161 (& Subs.)—Earnings— Woodall Industries Inc. Sales operating after 1959—6 Mos—1958 $4,827,859 $24,457,298 $5,718,425 Earnings before taxes on underwriting with an at prices ranging from would provide an Street length cab Higher— t 1959—Month—1958 -i of 189, p. 2726. 190, p. 308. The Inc.—Sales back to —— has West Penobscot Telephone $395,000 per —V. FINANCING : annum. 133,000 be 82.5% of Kairi Kotia deposit in Robb Township, 500,000 shares ViolaMac treasury. income —V. $121,050. income PRESENT will acquired copper on William income Net were and net $22,029. note $345,000 at railway income 1959 1958 payable to bank, due 1959-1963-t $6 pfd. stock (no par valuel, 1,217 shares authorized fl Com. stock (50c par value) 600,000 shares authorized per the oper. Calif, Ana, 30, of and net and TO Ltd., Ltd., oper. and plant a Santa period $133,113 was a ' One Net Stores White Sales Nine exercised, Railway will shares The 5,00G has 50-inch bumper sleeper cab.—V. 189, p. 1973. a (Canada)—Acquisition, etc.— This situated $3,089,499 were GIVING products company months Mines Railway Outstanding •Short-term if has Period Ended June 30— Netherlands. four periods sales year of $847,299 respective CAPITALIZATION without Inc. Canada. Wabash RR.—June proposed expenditures of The balance will be used finished plant in the with compared for of Headquarters Conn.; subsidiary a variety a which Ontario, optioned See on company processes paper, fiber glass and other by impregnation with synthetic resins. The materials use Stamford, and in Virginia & Delaware Corp.—Assets Acquired BUSINESS—The for Turnpike. U. 56,080 Turnpike. Massachusetts fiberglass-cab unit is equipped with sleeper cab and powerful 335-hp Cummins diesel engine. It has wheelbase of 150 inches and 81-inch bumper to back of sleeper cab dimension. The new tractor is an adaptation of the White 5000, which waa the trucking industry's first fiberglass cab tractor, and is the first fiberglass-cab unit on the New, York Thruway and Massachusetts Net with equipment. recently company covering fibrous materials consumer Victory Express, 1973. p. lequirements. sold it was Ltd., which principally for accounts receivable, inventory and other working capital are Avenue, Underwriting $1,000,000 in of with double-bottom The Ware¬ Dayton, Ohio and one of the has been built by this company at 2600 announced on July 10. Ohio of District. capital. held service- into systems. Provision part of their holdings. a proceeds company new duplicate of expense O.—Opens Dayton, Inc., warehouse ViolaMac Mines Ltd. Secondary Offering — The underwriters are also of¬ fering for public sale at $21.50 per share 15,000 shares purchased by the underwriters from two selling stock¬ $250,000 the capacity of the concrete and steel structure Cost of the building was not announced. ft. 1959. by one-story southern ViolaMac shares fiberglass-cab Spector-Midstates trailers over thb company's revolutionary the White 5464TD, Spector-Midstate's new tractor Is specifically for its tandem-trailer operations on the New York and Massachusetts superhighways and is hailed as the "tractor of the future" for intercity hauling on multi-lane, lirflited-access building was officially opened this month, according to Carl C. Sr., President of the newly-formed corporation. He is also This The subscription offer will expire at p.m. (EDST) July 31, 1959. The offering is being underwritten by Dominick & Dominick and Istel, Lepercq & Co., Inc. used in President Chemicals, each for and Truway this gone 111., pulling Designated Schaefer, V. offered be to has Chicago, Period Ehd. June 30— Willowburn 3:30 be Warehouses, largest largest Inc.—Rights Offering— Secondary Sale—Company is issuing to the holders of its common stock rights to subscribe at $19.50 per share for 56,080 shares of additional common stock at the rate of avoid to Exchange has applied for unlisted trading Vanadium-Alloys stock; and the Commission has issued an order giving interested persons until July 27, 1959, to request a hearing thereon.—V. 189, p. 2726. Stock Total company The wished issuer ■ The United States Pharamacal Co., Philadelphia, Pa.— 'Files With Securities and Exchange Commission— |l.75 the listing. sq. The and Exchange; p* 1396. covering System, York New tractor 5000 » and home-sites between non-waterfront included, and six model homes in the $15,500-$22,500 price bracket are 289, Vanadium-Alloys Steel Co.-—Delisting Granted— The SEC has issued an order granting an application of this corporation to withdraw its capital stock from listing and registration on the Pittsburgh Stock Exchange, effective at the close of trading on July 31, 1959. The stock remains listed on the New York Stock commercial of tandem-axle version of Freight house— Island Go.—Announces New Tractor— White Motor A Model engineered month basis. In its unimproved state the land was conserva¬ valued at close to $2 million with a present sales potential of a tively cow 64 companies have ordered Unifil Loom Winders for installation 94 different plants. Unifil-equipped looms are being used to weave a variety of materials. Included in the list are: drills, twills, sateens, taffetas, shirtings, satins, garbardines, denims, terry towelling, cotton and rayon fabrics, Jacquard fabrics, osnaburgs, marquisettes, draperies, and tire-cord fabrics.—V. 189, p. 2938. Land commercial 53 (405) ' interest 54 ; NEGOTIATIONS BOND PROPOSALS AND ALABAMA 310—were p. dicate Ala. Auburn, Sale — general mortgage water rev¬ C00 bonds enue sold was to group a ings at a est by National America An issue of $230,- awarded headed to the a Trust and of about 3.90%, as fol¬ Cumberland lows: Morrow $200,000 4s. Due on July 15 from Co., and Hendrix & Mayes, Inc., 1960 to 1969 inclusive. 5s, 4%s and 4^s. 160,000 3%s. Due on July 15 the of composed Securities Corp., Watkins, & as from ARIZONA 1970 Bonds Sold Not 13 The $39,000 bonds school obligation general offered July .— — 189, v. — 2506 p. not sold. were County, Maricopa Glendale Union High School District No. 205 (P. O. Phoenix), Ariz. Bond Sale—The $1,686,000 gen¬ eral obligation bonds offered July 20—v. 190, p. 97—were awarded to a syndicate headed by John Nuveen & Co., at a 3V2S. Due semi-annually 1, 1966 to from June and Dec. 1968. 3%s. Due semi-annually from June and Dec. 1, 1969 300,000 1971. 450,000 from C. Allyn Trust Commerce William City, of members A.- & Rodman & Co., R. the of Renshaw, 10 (F-A) payable at the County Treasurer's office. Clerk, City ards, will sealed bids until 4 p.m. Aug. receive (MST) on for the purchase of $1,- 18 97 — Lode J. L. — to (PDST) on July 28 the purchase of $27,000 school for a.m. bonds. Dated Sept. 1, 1959. Due on 1973 inclu¬ sive. Principal and interest (M-S) Sept. from 1 payable 1960 County the at to Treasur¬ er's office. Los ards were in new plants nearly $3,000,000 ahead of Harlan interest Union School District, County, Calif. Sale—The hailed that the Clerk a as A bonds from 1 Union High School bids cate: Sale — School (P. Holmwood stated. "With the 1 from Bond City inclusive. Orange increasing confident growth that the here, $200,- June industrial investment ac¬ realize that each of these new County Clerk, will receive sealed $52,000 for the purchase of Waterworks 1962 to on District No. Sept. 1 from 1982 inclusive. 17 189, v. — sold to the Federal Home Finance price of a par. bids sealed Dated July 1, 1959. July 1 from 1960 to 1984 on inclusive. his at Edwards, receive sealed will 7:30 bonds. Due Supervisors, of Board of until enue Mallagh, E. Fernando, Calif. p.m. (PDST) on July 27 for the purchase of $400,000 Parking District No. 1 rev¬ Calif. County, Obispo receive O. J-J. Interest . Legality approved by O'Melveny & Myers, until 2 San Luis Obispo, of Los Angeles. South Bay San Sale—The $225,000 Bond 203 p. at until 9 bonds, $20,000 his a.m. as office in (PDST) Los on Angeles August 11 $145,000 school follows: Series C July offered sewer v. 190, to — awarded were — 15 the Com¬ First Western Bank & Trust pany, — bids Due on his at office 10:30 until in Diego DST) on (Calif. a.m. - San • Aug. 4 for the purchase of $140,-school 000 Series A bonds. Dated 1 Sept. 1, 1959. Due on Sept. 1 from inclusive. 1984 to Principal and interest payable at the county office. Treasurer's Legality ap¬ proved by Orrick, Dahlquist, Her¬ rington & Sutcliffe, of San Francisco. & Co., jointly. Richards Bernardino County, Offering Bond County Wardle, sealed bids — El Calif. Dennis V. will Clerk, at South Tahoe Public San District, School Ontario re¬ in office his Dorado Sale—The Bond eral obligation fered Utility District, County, Calif. $1,250,000 gen¬ bonds of-, sewer July 16—v. 190, p. 97—were awarded to a syndicate headed Bernardino, until 11 a.m. by the Bank of America National (Calif. DST) on Aug. 3 for the Trust & Savings Association, of purchase of $300,000 school build¬ San Francisco, at a price of 100.02, ing bonds. Dated Aug. 15, 1959. a net interest cost of about 4.76%, Due on Aug. 15 from 1960 to 1979 as follows: inclusive. Principal and interest (F-A) payable at the County $125,000 6s. Due on July 1 from San Treasurer's office. Legality of $100,- the First Western Bank & to Trust 1974 1975 Other to 1989 cate: 4.16%. July 1 from on inclusive. of members Co., of San Francisco, at a price of par, a net interest cost of about July 1 from on inclusive. 975,000 4%s. Due school bonds was awarded 1, 1970 1971. 1972 to 000 inclusive. 100,000 4V2S. Due County, Calif. Sale—A reissue Bond 1969 to 50,000 41,4s. Due on July and Orosi Union School District, Tulare 1962 ap¬ Myers, & by O'Melveny of Los Angeles. r. proved the syndi¬ Fenner & Verdes Palos Los Bond ter Blyth & Co., Inc., Dean Wit¬ & Co., Merrill Lynch, Pierce, Smith, Stone & Young¬ Lawson, Levy, Williams & J. B. Hanauer & Co., Coughlin & Co., Inc., and C. N. berg, School District, Stern, Angeles County, Calif. Sale—Aivissue of $1,095,sold on July White & Co. 000 school bonds was the Security-First National Bank, of Los Angeles, Blyth & Co., Inc., R. H. Moulton & Co., and William R. Staats & Co., as~41/4S, at a price of 101.77, a basisfof about 4.08%. 21 to a group of composed Vista Bond Bond until Offering* 000 City Clerk on Aug. 5 for the purchase of $2,- 800,000 water revenue bonds, Se¬ ries A. Dated Sept. 1, 1959. Due on Sept. clusive, 1 from 1961 to 1977 in¬ and on Sept. 1, 1994. Bonds due in and M-S. after 1994 are callable Sept. 1, 1970. Legality approved on Interest by Or¬ Dahlquist, Herrington Sutcliffe, of San Francisco. & School District, San Offering — R. B. James, County Clerk, will receive sealed bids at his office in San Diego, Aug. Gladys R. Wallint:announces that the City Council will receive sealed bids until 11 a.m. (PDST) Unified Diego County, Calif. Petaluma, Calif. rick, bonds. Francisco, and Hill of San School District, Calif. Union Diego County, Bond Offering R. B. James, County Clerk, will receive sealed Oroville), St., Elgin 1960 bonds ceive building bids until 4:45 p.m. (PDST) on July 28 for the purchase of $87,000 bonds, as follows: 32 bonds. Due $18,000,000 Offering—Leila Clerk, bids ^ steadily of industrial feel bids July and 2%s, at as San California have plants $10,854,325 of the total thus far in 1959, Mr. up activity we The — were — Agency, Sept. Offering—A. he added. Merrill Sale 2939 1960 California Bond the offered Housing (Calif. DST) on Aug. 3 for purchase of $21,000 school Series B bonds. Dated Sept. 1, 000,000 capital investment year predicted earlier is within grasp," Excelsior inclusive. 1984 of Group A Housing System revenue as the base of price of par, a basis of 3.70%. Sale—The v$500,000 Series bonds offered July 21—v. 190, 4.16%, Sept. on 1984 to office in like tempo District, Los Angeles, County, • July 15 from on Ave., Berkeley), Calif. Bond 1978 inclusive. to Luis con¬ industries industrial New we from 15 p.m. 190, p. 97—were awarded to Blyth & Co., Inc., as 33As, at a County, Calif. Bond about of 4s. Due on Bond Commerce, who made the basic fact made July inclusive. University of (P. O. 2200 University Calif. Nipomo Union School District, San will the Los Angeles area v. CALIFORNIA District, Co., 1965 inclusive. to to Regents p. 1979 tinued upsurge as "additional tes¬ the 100.18, a 4.63%, about on 1975 to 1976 37,000 41/4S. Due on Sept. 1 from Development Com¬ the Los Angeles Cham¬ announcement, $36,000 gen¬ eral obligation school building Series C bonds offered July 14— inclusive. Bonds due School & Blyth of Due 5s. 1967 Lynch, Pierce, Fen¬ at the same time for the purchase ner & Smith Inc., John Nuveen & jobs created provides support for families and additional jobs in of $462,000 sewer improvement Co., Stone & Youngberg, Irving bonds. Dated July 1, 1959. Due on Lundborg & Co., Kenower, Mac- the professional, distribution and service fields," Mr. Holmwood July 1 from 1962 to 1984 inclusive. Arthur & Co., Lawson, Levy, Wil¬ stated. Principal and interest (J-J) pay¬ liams & Stern, J. A. Hogle & Co.; able at the City Treasurer's of¬ J. B. Hanauer & Co., Stern, Frank, Madera Union High School District, fice, or at the Bank of Douglas, Meyer & Fox, Fred D. Blake & Madera County, Calif. in Phoenix, or at the Bankers Co., and C. N. White & Co. Bond Offering — Erma E. Trust Co., of New York City, at Cheuvront, County Clerk, will Fresno, Calif. the holder's option. Legality ap¬ Bond Offering D. E. Rough- receive sealed bids at her office proved by Gust, Rosenfeld, Divel¬ in Madera until 10 a.m. (PDST) ton, City Clerk, will receive bess and Robinette, of Phoenix. sealed bids until 11:30 a.m. (Calif. on July 28 for the purchase of Additional Offering—Mr. Rich¬ DST) on July 30 for the purchase $600,000 school bonds. Dated ards further will receive sealed of $1,750,000 airport revenue Sept. 1, 1959. Due on Sept. 1 from bids at the same time for the bonds. Dated Aug. 1, 1959. Due 1960 to 1984 inclusive. Principal purchase of $225,000 street and on Aug. 1 from 1962 to 1984 in¬ and interest (M-S) payable at the highway improvement bonds. clusive. Legality approved by Or- County Treasurer's office. Legal¬ Dated July 1, 1959. Due on July approved by Orrick, Dahl¬ rick, Dahlquist, Herrington & ity 1 from 1961 to 1969 inclusive. quist, Herrihgton & Sutcliffe, of Sutcliffe, of San Francisco. Principal and interest (J-J) pay¬ San Francisco. able at the City Treasurer's of¬ Fresno County Waterworks Dists. Monrovia fice. Legality approved by (P. O. Fresno), Calif. City School District, Gust, Los Angeles County, Calif. Bond Offering — J. L. Brown, Rosenfeld, Divelbess and Robin¬ ette, of Phoenix. Bond Offering—Harold J. Ostly, County Clerk, will receive sealed Anaheim school price of 100.055, a net a cost $60,000 1958. Holmwood, Chairman of of of Due 5s. 31,000 41/£s. Due follows: — „ Co., at ex¬ Industrial mittee ber & to pansions in Los Angeles County to $88,271,525 during the six month period ending June 30, the composed group in¬ or of offered July 21— bonds 120,000 capital price of a cost p. Win¬ to Dean 10,000 41/2S. Due on Sept. 1 1966. Continues Mid-year — Co., at 190, 14—v. awarded interest school $58,000 July follows: 1960 Inc., Security First National Bank of Los Angeles, and R. H. Moulton Angeles), Calif. Economy & $27,000 Alameda District, 190, p. 310—were awarded to a v. O. rose awarded to the Mother Orange revenue also will receive sealed as Sale—The $227,000 Series A 1960 Angeles County (P. Los Bank, of Placerville. Costa Mesa water, 1989 School Bond Brown, tivity reached $19,851,500, sub¬ stantially higher than the previ¬ in 1970 and thereafter are call-, bonds totaling $900,000 were sold ous month's total of $12,656,125, able in inverse numerical order on July 21 to a syndicate headed Mr. Holmwood said in quoting fig¬ on any interest payment date on by the Bank of America NT&SA, ures from the Chamber's month¬ or after July 1, 1969. Principal of San Francisco, as 4V4S, as fol¬ ly industrial report. and interest (J-J) payable at the lows: A total of 7,630 new jobs in 215 City Treasurer's office, or at the businesses have been Valley National Bank of Phoenix, $555,000 Series C bonds at a price separate created to date by the announced of 100.36, a net interest cost or at the Chase Manhattan Bank, of about 4.21%. expansions and new company of New York City, at the holder's 345,000 Series A bonds at a price plans, he continued, with nearly option. Legality approved by of 100.62, a net interest cost 900 of these jobs resulting from Gust, Rosenfeld, Divelbess and June's industrial growth. of about 4.18%. Robinette, of Phoenix. "It is especially important that Additional Offering—Mr. Rich¬ Other members of the syndi¬ 1962 1959. offered County, Calif. operations." electrical and gas bonds. Dated July 1, 1959. Due on July 1 from 500,000 systems net 1, timony to the economic vigor and 1959. Due on Sept. 1 from 1960 to dynamic nature of the local area." 1973 inclusive. Principal and in¬ He said the expansion of local terest (M-S) payable at the El Dorado County, Calif. industries accounted for $77,417,- County Treasurer's office. ^ Bond Sale—The $107,000 school bonds offered July 6 — v. 190, p. 200 of the total growth "reflecting North Burbank Public Utility Dist. Barret, Rich¬ (M-S) payable at the County Treasurer's office. Camino Union School District, Co., Mesa, Ariz. (Calif. DST) on Aug. purchase of $120,000 and interest Bond Offering—Marston Bond Lewis, E. obligation school bonds. Dated Aug. 15, 1959. Due on Aug. 15 from 1960 to 1979. Principal Kansas Co. a.m. the for Fitch, North & Co., and Kirby L. Vidrine J. — general syndi¬ & 10:30 til vestments County, Calif. bids at his office in Santa Barbara Co.,* Inc., Staats Offering County Clerk, will receive sealed > Other Barbara Santa Offering Expand District, Principal ter Sept. and interest County Clerk, will receive sealed bids at his office in Fresno, un¬ Area's School Legal¬ Niles N. White & Co. Union 203—were Dated Houghton-Kearney Union School District, Fresno County, Calif. & Buellton 3%s. Due semi-annually June 1, 1972 to June 1, 1976. cate: & C. bonds clusive. County, Calif. Sale—The Bond Francisco. Co., Stern, Frank, Meyer Fox, Fred D. Blake & Co., and new until 10 300,000 to & Bond 1965. San of Pierce, Fenner & Smith, J. Barth & Co., Paine, Webber, Jackson & Curtis, Stone & Youngberg, Irving Lundborg & Co., Lawson, Levy, Williams & Stern, Shuman, Ag- . $636,000 3V4S. Due semi-annually from Dec. 1, 1959 to Dec. 1, Co., Weeden & Co., Dean Co., Merrill Lynch, Franicsco, Witter are: D bonds. Due on Sept. 1 from 1960 to 1979 in¬ 1, Treasurer's office. Sonoma Series 125,000 ity approved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Bond members Trust Sept. County inclusive. syndicate American 3.83% follows: 1984 to Other price of 100.02, net interest cost of about a as 1978 clusive. 1984 inclusive. Union School District, Piner-Olivet Sept. 1 from 1960 to 1963 in¬ No. Sept. 1 from on 1959. Principal interest (M-S) payable at the and 140,000 4s. Due on July 15 from Maricopa County, Balsz Sch. Dist. No. 31 (P. O. Phoenix), Ariz. to Dated inclusive. 1977 to 1962 Sav¬ Association, San Francisco, price of 100.062, a net inter¬ cost 30 bonds. Due of District Waterworks 35,000 syn¬ Bank —— DEPARTMENT STATE AND CITY Bond Monday, July 27, 1959 The Commercial and Financial Chronicle (406) 1959. to 10:30 a.m. (Calif. DST) on 4 for the purchase of $597,bonds. Dated Sept. 1, school Due on Sept. inclusive. 1984 1 from 1961 Principal and (M-S) payable at the Treasurer's office, or at the fiscal agency for the District in New York City, or Chicago, or at either of the main offices of the Bank of America National interest County Trust San and Savings Association, in Los Angeles or San Legality approved by Dahlquist, Herrington & Diego, Francisco. Orrick, Sutcliffe, of San Francisco. . > Number 5867 190 Volume School Creek Walnut . . The Commercial and Financial Chronicle . County," Calif. Sale—The $50,000 school Bond Series building July 21 203 p. were — awarded to Dean Witter & Co., 4V4S, at price of 100.06, a of 4.24%. as basis a ■: ■■■/■ Woodland, Calif. Offering—S. R. Fairlee, Bond will Clerk, receive sealed (Calif. DST) on Aug. 3 for the purchase of $600,000 municipal improvement Series A bonds. Dated June 15, 1959. Due on June 15 from 1960 to 1985 in¬ City bids until 8 p.m. Principal clusive. interest and (J-D) payable at the City Treas¬ urer's office, or at the principal office the 1 American of Francisco. San of Company r Trust Le- gality approved by. Orrick, BahlHerrington & Sutcliffe, of quist, Francisco. San ; , '- • COLORADO Chaffee County School District " No. R-32 (P. O. Salida), Colo. Bond Sale An issu' of $350,- saled building bonds sold WiX to, Boettcher & Company. CONNECTICUT Aug. on Ansonia, Conn. bids Offering—John office the at of J. Fiore, Dav, Berry Legality approved by Caldwell, Marshall, Trimble & Mitchell, of York City. New & Howard, 750 Main St., Hartford, until 2 p.m. (EDST) on Aug. 4 for the purchase of $1,662,000 bonds, as follows: $984,000 bonds. school Due on July 1 from 1960 to 1979 incl. redevelopment on July 1 from 490,000 Due 1979 inclusive. bonds. 1960 to - July 1, 1959. Legality City ceive sealed (EST) of H. will office the at Stevens bids sealed of 750 Main Howard, the for received Day, & Berry Hart¬ Street, purchase Conn. $900,000 flood offered July 16— Torrington, Sale—The bonds control 203—were awarded to a group composed of the Ameri¬ can Securities Corp., R. D. White & 190, p. at 100.218, price of a a basis of 3.57%. New Board State 1998 are improvement Chase City. University of Tampa, Fla. Sale—The $440,000 hous¬ Bond 16 — 190, p. 97 v. Finance Agency, sold to were — Housing Federal the July offered bonds revenue as Home 27/sS, at a and Education of E bonds offered July 21 — v. 190, p. 311 — were awarded to Goodbody & Co., as Series 4s, at a price of 100.07, a basis of 3.99%. Dated June 1, 1959. Due on June 1 from 1961 to 1980. Authority Turnpike this issue $350,- of building bonds was Robinson-Humphrey Co., 000 municipal gain according 1958 Manuel, Chairman B. to Thomas of the Authority. ; of System same month a year ago jointly, .monthly last Since have Manuel increase, October said. monthly gains between ranged er, 170,000 Coles and Cumberland 11 until bids sealed to Legality inclusive. 1989 ap¬ by Spalding, Sibley, proved Troutman, Meadow & Smith, of Cook Sale highway July 21 — bonds revenue v. — a offered No. Offering — receive will Dec. 1959. Due inclusive. on 1 sealed Interest approved by Barney & Co., Halsey, Stuart & Co., Inc., and Lehman Brothers, at a price of 100.05, a net interest cost of about 4.32%, four revenue in June was $406,251.32 for an increase of 17% the over same revenue month was a year ago. $296,293.94—up r the For fiscal 1961 three year .gross which revenue mately 14% showed an mately 21%. months began up was and the net increase - of April 1 approxi¬ revenue of approxi¬ . to semi-annually and Sept. 1 from 1970 to 1982 inclusive. 4,200,000 4.30s. Due semi-annual¬ ly on March and Sept. 1 from 1983 to March 1, 1989 inclu¬ sive. Other cate: & Bond Offering—Henry F, Val- Secretary of Board of Edu¬ leiy, receive sealed bids until 7 p.m. (CDST) on Aug. 3 for the purchase of $259,000 school building bonds. Dated Sept. 1, cation, Bond Sale Blyth & of Co., price 190, p. 97 Jan. 1959. Due 1975 inclusive. on 1 from 1962 to Principal and in¬ Legality approved by Chapman & Cutler, of Chicago. Cook County School District (P. O. Skokie), III. The $40,000 — the and of Company, at 4s, as net a interest — v. 190, the 204 p. Northern pany, and — were Trust the jointly, at a awarded to as of Company, Illinois Com¬ price of 100.06, net interest cost of about a — 4.?1%, follows: 4s. $95,000 Due on December 1 from 1961 to 1968 inclusive. 325,000 41As. Due on December 1 from 1969 to 1978 inclusive. Dalton Bond City, III. Sale—An issue of $83*000 the syndi¬ Federal Inc., Kuhn, nance Housing Agency as 1, the Home Fi¬ 4V2S, at a prioe and & • Trust Sale — The $74,000 — were sold to the Fed¬ Home Finance and DeKalb Counties school July bonds 13—v. 204—were awarded 190, the to p. Indianapolis & Bond Share Corp., and Associates, as 3%s, at a price of 100.02, a basis of Bond Offering—Sealed bids will be received until 10 on Ris- kedal, Secretary of Board of Edu¬ cation, will receive sealed bids until 7:30 p.m. (CDST) on July 29 purchase of $345,000 school building bonds. Dated Aug.\ 1, 1959. Due on Nov. 1 from 1960 for the 1976 interest inclusive. Principal and general obligation sewer July 1, 1959. Due on 480,000 bonds. Dated J-J. Legality approved by Chapman & Cutler, of Chicago. Hammond School City, Sale—An Bond 000 school awarded of Co., to bonds Bank net a Trust & 3V2S, as 100.379; of about Continental the Chicago, of $550,- improvement National Illinois Ind. of issue at a interest 3.44%. Highland, Ind. $175,000 sewer bonds offered July 17—v. 190, p. Sale—The Bond 204—were met as awarded to National Bank, 4s, at a Calu¬ the of Hammond, price of 100.35, a basis of about 3.93%. Ind. Noblesville, Teboe, Offering—Harriet City sealed will Clerk-Treasurer, ceive bids 7:30 until re¬ p.m. on Aug. 3 for the pur¬ of $60,000 municipal bonds. (CDST) chase Dated Aug. from 1, 1959. Due on July 1 1966 inclusive. Prin¬ 1960 to cipal and payable (J-J) interest by Miller, of a place mutually agreed upon Ross, McCord, purchaser and the Indianapolis. Education. Legality ap¬ & Ice the of IOWA proved by Charles & Trauernicht, of St. Louis. Bettendorf, Iowa Bond Offering—Mae G. Metropolis, III. water¬ works and sewerage improvement revenue bonds offered July 21—v. Bond Sale—The $800,000 Steffen, City Clerk, will receive sealed and. oral bids until 8:30 p.m. (CDST) on August 4 for the purchase of $100,000 public library bonds. awarded to a Dated August 1, 1959. Due 011 group composed of Barcus, Kin¬ November 1 from 1960 to 1978 dred & Co.; Mullaney, Wells & inclusive. Principal and interest Co.; White-Phillips Co., Inc., and (M-N) payable at the City Treas¬ Channer Securities Co., at a price urer's office. Legality approved of 97.264, a net interest cost of by Chapman & Cutler, of Chicago. about 4.50%, as follows: p. 204—were on July 1979 inclusive. Buffalo, 1 from la. Bond Sale—Water system bonds were sold to Co., Inc., and 325,000 4%s. Due on July 1 from Quail & Co., jointly, as follows: 1990 to 1998 inclusive. $100,000 general obligation bonds. 75,000 revenue bonds. ' Park Ridge, III. Center Point, la. Bond Offering — Paul S. Bad¬ Bond Offering—Marvin Colton, ger, City Clerk, will receive sealed bids until 8 p.m. (CST) on Town Clerk, will receive sealed August 18 for the purchase of and oral bids until 7:30 p.m. Due on July 1989 inclusive. 240,000 4V2S. 1980 to 1 from totaling White - $175,000 Phillips ' l $500,000 waterworks improvement bonds. Dated July 1, 1959. Due on Jan. 1 from 1961 to 1979 inclusive. Principal and interest (J-J) pay¬ able at a place mutually agreed by the purchaser and the Council. Legality approved by Chapman & Cutler, of Chicago. upon City 1 at the American National Bank of Noblesville. Legality approved (M-N) payable at between Board (CDST) a.m. Aug. 5 for the purchase of $3,- Bond Offering—Kenneth Bond 190, >' offered improvement cost The $75,000 water Housing and 1960 to building bonds offered July 15 interest American Bank Elkhart, Ind. III. No. $235,000 414s. Due school and the at by Ross,. McCord, Miller, of Indianapolis. Bond Illinois 68 Bond Sale 1959. 1, approved & Ice Interest park Community Consolidated Sch. Dist. No. 300 (P. O. Leland), to p.m. Jan. 1 from 1961 to 1990 inclusive. bonds offered July 15—v. revenue will waterworks bonds was sold to members Principal National of payment County School District No. 23 (P. O. Prospect Heights), III. inclusive. 1969 5,625,000 4%s. Due semi-annual¬ ly on March and Sept. 1 from 20%. Due 5s. March on Le¬ J-D. Chapman Cook Chicago, follows: and 20%. Net as 1965 to from re¬ 8 Gary Sanitary District, Ind. Chicago, Trust L. Charlotte will until Dated vJuly payable price (P. O. Homewood), III. 233 Alta Hudson, — bids Company, of Indianapolis. Legal¬ July 20—v. 190, p. of jointly, 102.1912, LaSalle bids until 8 p.m. (CDST) on August 3 for the purchase of $300,000 school building bonds. Dated August 1, 190, p. 97 — were syndicate headed by Smith, Co., Keensburg, Homewood-Floss- County, (J-J) payable at a bank to mutually agreeable to the Dis¬ trict and the successful bidder. (Territory of) The $12,500,000 Hawaii offered of a cost of about 3.82%. Community High Sch. Dist. be Bond (J-J) Fletcher ity $700,000 Louis, eral St. of July 1 from 1961 to 1999 on inclusive. Agency, as 41/2S, at a price of par. of St. Louis. moor Offering Clerk-Treasurer, bonds. Due District, III. Sale—The building bonds was awarded to the White-Phillips Co., terest HAWAII Park Joliet price Inc., as 3%s, and 4s. Dated May 1, 1959. Due on Dec. 1 from 1961 to 1974 inclusive. Legality ap¬ proved by Charles & Trauernicht, company Trauernicht, sealed enue interest cost of about 4.15%. St. trust or (CDST) on July 30 for the purchase of $241,000 waterworks rev^ school a.m. (EST) on Aug. 7 for the purchase of $5,877,000 student housing revenue bonds. Dated Sept. 1, 1959. Due on Sept. 1 from 1962 Bond ceive $173,000 water 20—v. 190, p. 311—were awarded to Cruttenden, Podesta & Co., and the WhitePhillips Co., Inc., jointly, at a net Mercantile issue of $85,000 Sale—An Bond & was Counties Community Unit School District No. 2 (P. O. Charleston), III. v bank a Town offered July Trust inclusive. INDIAN^ Sale—The Bond bonds 1975 Cumberland, Ind. 97—were awarded to the Northern systems bonds. sewer to 3.74%. Bond $230,000 waterworks bonds. will re¬ Vice-Chairman, Jr., ceive $2,675,000 Gross totaling at Charles Park a 1962 Louis. Trauer¬ 4%s, at until designated by the success¬ ful bidder. Legality approved by $277,000 water as bids on be to Hamilton, III. follows: as Agency, from able of par. Bank, and the National Canton, both of Canton, , and marked the ninth consecutive Finance "of Bldg. Authority Cutler, of Chicago. Georgia (P. O. Atlanta), Ga. Offering—B. E. Thrash¬ Bond awarded to Jiyie net revenue was up 20% overHhe 1 2836 — were sold Housing and Home p. sealed (CDST) Principal and interest (M-S) pay¬ 189, v. — to the Federal District July 29 for the purchase of $308,000 school bonds. Dated Aug. 1, 1959. Due on March bonds offered July bonds sold to the Canton 1977 to University 27% showed a period year the over 13 & School "(P. O. Caseyville), III. receive 8 p.m. revenue works M-N. Interest Bonds — were cation, Dublin, Ga. Sale—An Bond Parkway for the first six months of of Sale—The Bond Wolf, Secretary of Board of Edu¬ GEORGIA of the Sunshine State revenue Sale Bond Bond (P. O. Fort Lauderdale), Fla. Atlanta. 27% Revenue Gain Reported— Net purchase Nov. 1 from 1961 on inclusive. $400,000 gality Orange County State School Rev¬ State a.m. Canton, III. — Florida the Cutler, of Chicago. price of par. Inc. (P. O. Tallahassee), Fla. Bond Sale The $700,000 enue, 10 for receive (CDST*) Legality approved by Chapman & State Bonds proved by Mitchell, Pershing, Shetterly & Mitchell, of New York sold FLORIDA Florida until 10 1, 1958. Due to Bank hospital Co., and Laird, Bissell & Meeds 3.60s, bids will $560,000 non-tax exempt dormi¬ tory revenue bonds. Dated Nov. Oct. 1 from 1960 and interest payable Manhattan Bank, York City. Legality ap¬ the (Day, Stoddard & Williams Div.), as Manager, Aug. on Principal at ing v. sealed 1959. Due on Feb. 1 from 1960 to 1975 inclusive. Bonds are callable. inclusive. Bond on inclusive. 1988 800,000 Aug. 1 from 1960 to 1979 on improvement callable. announces be will Public District (P. O. Cottage Hills), III. Maple Homes, Water Offering—A. G. Haussler, Business Dated Oct. 1, bonds. 1958. Due to Treasur¬ of $676,000 school bonds. Dated Aug. 1, 1959. Due a.m. Bond special obligation as follows. capital C Series ap¬ ford, until 2 p.m. (EDST) on July 28 bonds, Bradley University (P. O. 500 Bradley Avenue, Peoria), III. bonds. Dated Feb. 1, Offering—Town Alfred that 11 Aug. 5 for the purchase on $2,500,000 Clinton, Conn. er until bids $3,300,000 revenue Hartford. Bond Comptroller, will re¬ hank, of St. Forest . proved by Day, Berry & Howard, of Tampa, Fla. Offering—Hobart D. Pel- Bond ,188,000 library bonds. Due on July 1 from 1960 to 1978 incl. Dated 1970. 1, Oct. of as nicht, Charles Louis. by approved ILLINOIS and thereafter in 1971 due callable are City Treasurer, will receive sealed Wells & Co. purchase of the for 10 (EST) p.m. $775,000 utilities revenue bonds. Dated April 1, 1959. Due on April 1 from 1960 to 1989 inclusive. Bonds Bond 7:30 until bids County 102 55 Bond Offering — Betty Hayes, Secretary of Board of Education, - — 000 No. was revenue Clair St. months six first net year offered bonds 190, v. — F Due of this Loeb & Co., Goldman, Sachs & of par. Dated Nov. 1, 1957. on Nov. 1 from 1960 to 1987 in¬ $2,147,- Co., Phelps, Fenn & Co., B. J. clusive. Legality approved by 234.01, which was a gain of ap¬ Van Ingen & Co., Dean Witter & Charles & Trauernicht, of St. proximately 27%. Gross revenue Co., Lee Higginson Corp., Kean, Louis. of $2,769,504.02 was $436,523.67 or Taylor & Co., First of Michigan Dick & Merle - Smith, approximately 19% higher than Corp., Edwards, Wayne, Richland and the same period a year ago. Braun, Bosworth & Co., Inc., Rob¬ Wabash Counties Community ert W. Baird & In June 286,180 vehicles used Co., Schmidt, Unit School District No. 132 & the Turnpike. Parke, Milwaukee This was an in¬ Roberts (P.O. Albion), III. crease of 45,867 vehicles or 19%. Company, F. W. Craigie & Co., Bond Sale—An issue of $675,000 In June 1958 a total of 240,313 Folger, Nolan, Fleming - W. B. school building bonds was vehicles used the pike. June mile¬ Hibbs & Co., Leedy, Wheeler & awarded to the White Phillips age was 15,272,864 compared to Alleman, Inc., Goodbody & Co., Co., Inc. Dated July 1, 1959. Due 14,160,491 the same month a year DeHaven & Townsend, Crouter & on Jan. 1 from 1961 to 1975 inclu¬ ago. ; V " -v--- Bodine, sive. Legality approved by Charles Schwabacher & Co., Kenower, & Trauernicht, of St. Louis. Florida State University (P. O. MacArthur & Co., Mullaney, Tallahassee), Fla. Wells & Co., Chace, Whiteside & Fairfield, III. Certificate Sale—The $1,925,000 Bond Winslow, Inc., C. C. Collings & Offering—Gene Thomas, apartment revenue certificates of¬ Co., Dolphin & Co., Harold H. City Clerk, will receive sealed fered July 21—v. 190, p. 204— Huston & Co., J. A. Overton & bids until 8 p.m. (CDST) on Aug. were sold to the Federal Hous¬ Co., W. H. Newbold's Son & Co., 4 for the purchase of $146,000 ing and Home Finance Agency, Schaffer, Necker & Co., Sweney, water and sewer revenue' bonds. as 3s, at a price of par. Cartwright & Co., A. E. Masten Dated Aug. 15, 1959. Due from & Co., Robert L. Whittaker & Co., 1974 to 1981 inclusive. Principal Live Oak, Fla. J. C. Wheat & Co., Lyons & Shaf- and interest payable at the Fair¬ Bond Offering — City Clerk to Inc., Allan Blair & Co., Stern, field National Bank or the Wayne Harvey W. Perry announces that the City Council will receive Frank, Meyer & Fox and Henry County Bank, Fairfield. Legality the In District, Costa Contra (407) (CST) on July 28 for the purchase $62,000 water revenue bonds. Dated Aug. 1, 1959. Due on Aug. of 1 from 1960 to 1979 inclusive. Principal and interest (F-A) pay¬ able at the Town Treasurer's of¬ fice. man Legality approved by & Cutler, of Chicago. Chap¬ :i The Commercial and Financial Chronicle 56 to the Bankers Bond Co., and School District Merrill Lynch, Pierce, Fenner & (P. O. Elkader), Iowa Smith, Inc., jointly, at a price of Bond Sale—The $395,000 school 96.81. building bonds offered , July 1 — Dated June 1, 1959. Due on v. 189, p. 2940—were awarded to the Becker & Cownie, Inc., and Sept. 1 from 1960 to 1988 inclu¬ sive. Interest M-S: Legality ap¬ lowa-Des Moines National Bank, by Wyatt, Grafton & of Des Moines, jointly, at a net proved Grafton, of Louisville. interest cost of about 3.78%. Central Community Dated Sept. Sale Bond Ahlers Carpenter, Bannister, & Cooney, of Des Moines. Dodge, Iowa Fort Bond Offering $105,- An issue of — construction bonds was sold to Becker & Cownie, Inc. Dated July 1, 1959. Due on November 1 from 1960 to 1974 in¬ clusive. Legality approved by purchase of $86,000 system rev¬ enue bonds. Dated April -J, 1959. Due on April 1 from 1962 to 1989 inclusive. Legality approved by Wyatt, Grafton & Grafton, of for the waterworks August 1 Louisville. Offering—Robert H". Clel- Bond City sealed bids until 2 p.m. Henderson School District, Ky receive will Clerk, Jand, (CST) on Aug. 3 for the purchase of $120,sewer bonds. Dated Aug. 1, 1959. Due on Nov. 1 from 1960 to July 13 000 inclusive. 1969 Legality approved by Chapman & Cutler, of Chicago. Community School Holstein of issue $450,- bonds was sold to the Holstein State Bank, at school 000 of building price of par, a net interest cost about 3.82%, as follows: $205,000 3.60s. Due Nov. 1 from on building awarded 190, p. 205 a syndicate v. to 41//2S. on Sept. 1964 inclusive. Due 1960 to 1 11:30 (CST) a.m. on (P. O. Mendon);\Mass. Sale Bond $260,000 utilities revenue bonds. 114,000 public improvement bonds. Public Improvement Sewerage District No. 1. Dated Oct. 1, 1959. Legality ap¬ proved by Foley, Cox & Judell, of 109,000 New Orleans. MASSACHUSETTS 205—were awarded to a group composed of the First Bos¬ ton Corp., Paine, Webber, Jack¬ son & Curtis, and Tucker, An¬ thony & R. L. Day, as 4y4s, at a price of 100.319, a basis of 4.20%. 190, p. Millis, Mass. Sale inclusive. 1969 to City Healey, Bank will Treasurer, of Boston, syndicate headed by a 4.27%. Other members Smith, Bar¬ ney & Co.; Goldman, Sachs & Co.; Salomon Bros. & Hutzler; F. S. Moseley & Co.; Stone & Webster Securities Corp.; Paine, Webber, Jackson & Curtis, and Hemphill, Noyes & Co. are: Bond Municipal 45 Milk Street, until 134,000 4s. Due on Sept. 1 from 11:30 a.m. (EDST) on July 30 for 1965 to 1969 inclusive. the purchase of $160,000 water 353,000 414s. Due on Sept. 1 from bonds. Dated Aug. 1, 1959. Due 1970 to 1979 inclusive. on Aug. 1 from 1960 to 1974 in¬ Other members of the syndi¬ clusive. Principal and interest Division, Offering Almstedt cate: Richard July 16 — v. awarded to a group composed of White-Phillips Co., Inc., Iowa-Des Moines Na¬ tional Bank, of Des Moines, and Becker & Cownie, Inc» bonds offered ing 190, 204 were — Bond Sale—The facilities July 14 Red Oak, la. Offering Rita Walters, .City Clerk, will receive bids un¬ til 5 — (CST) on July 27 for the purchase of $121,000 street improvement revenue bonds. Dated Aug. 1, 1959. Due on Aug. 1 p.m. revenue 000 $31,000 parking bonds offered 190, 204 Sale—An Note Whitesburg), Ky. on issue re¬ ceive bids sealed — the and National First Boston, O. Inez), Ky. Bond Sale—The $12,000 health building revenue bonds offered Nov. 4, Municipal Department, 111 Frank¬ lin Street, Boston, until 11 a.m. (EDST) on July 28 for the pur¬ chase of $500,000 school project loan Due bonds. Dated Sept. 1, 1959. Sept. 1 from 1960 to 1969 on Berkshire v. — awarded the to p. — burg. June (P. County 29 — 189, v. p. 2940 — of Inez, District (P. O. school totaling $2,150,000 offered July 21 190, to County (P. O. group a receive sealed bids until clusive. Principal interest and (CST) on Aug. 3 for the (F-A) payable at the Citizens purchase of $379,000 school build¬ Deposit Bank, in Calhoun. Legal¬ ing bonds. Dated Aug. 1, 1959. ity approved by Chapman & Cut¬ p.m. on Nov. from 1 1960 to 1979 inclusive. Legality approved by Chapman & Cutler, of Chicago. Note 000 issue Sale—An tax anticipation of $600,- notes Lawrence, Kansas Bond Sale The $340,000 in¬ improvement bonds offered ternal — July 14 — awarded 190, p. 205 v. the to First Bank, of Chicago, price of par. as were — National 3.20s, at a Bullitt Street Trust the purchase of $50,000 school building revenue bonds. Dated Aug. 1, 1959. Due on Aug. from 1960 Principal to 1979 inclusive. interest and (F-A) payable at the Bullitt County Bank, in Shepherdsville. Legal¬ ity approved by Skaggs, Hays & Pahey, of Louisville. Clinton County (P. O. Albany), Kentucky Bond Offering—Robert Reneau, County Clerk, will receive sealed 27 until for school 10 the (CST) purchase of a.m. building July $60,000 on revenue bonds. Dated April 1, 1959. Due on April 1 from 1960 to 1979 inclusive. Principal and interest (A-O) able at the Citizens Bank pay¬ of Al¬ bany. Legality approved by Jo¬ seph R. Rubin, of Louisville. 000 water follows: — An issue revenue bonds of $180,- was sold Offering—J. Russell Har¬ rington, City Treasurer, ceive sealed bids will Tlie c/o re¬ Union National Bank, of Lowell, until 11 a.m. (EDST) on July 29 for the purchase of $688,000 bonds, as fol¬ lows: $10,000 Series C bonds. 22,000 Series D bonds. '• bonds. sewer July 1 on 1960 to 1979 in¬ from clusive. Sale—An issue of $1,515,- 000 public was Due on 1979 in¬ awarded to the Bank of Ter¬ rebonne Citizens & improvement Trust National Co., bonds the and Bank & clusive. 1 from Trust on July 1960 to 1974 inclusive. Dated Co., both of Houma, jointly, as 3s, 3.10s, 3.20s, 3.30s, 3.65s and 3.90s, at a price of par, a net interest cost of about 3.72%, as follows: July 1, 1959. Principal and interest payable at the Union National Bank, of Lowell, or at $250,000 Series A bonds. 460,000 Series B bonds. 400,000 Series C bonds. 325,000 Series D bonds. 80,000 Series E bonds. Boston, at the purchaser's option. Legality approved by Storey, Thorndike, Palmer & Dodge, of Bond Clure, City Clerk, Mc- receive (CST) on Sept. 1 for the purchase of $250,000 general obligation bonds, as follows: and police bonds. 19,000 of Note Offering—Thomas F. City cemetary bonds. 12,000 drainage bonds. station Bond Sale—The $400,000 school offered July 16—v. 190 p. 205—were awarded to Smith, Bar¬ & Co., and Loker, Sparrow & Co., jointly, as 3.90s, at a price of 100.208, a basis of 3.87%. Bond Sale — July for the Corr, receive (EDST) will 11 28 West Bond a.m. purchase of by & bonds awarded of Weeden W. & to E. Co., a $372,000 p. 205 group Hutton and W. George — chants bids sealed National State 11 a.m. Street, (EDST) purchase of the Dated of Boston, Boston Aug. 15, 1959. 15 from 1960 inclusive. Principal and payable The at until 6, July 30 for $500,000 school on Due to 1974 interest Aug. on Mer¬ the at Bank Merchants Na¬ tional Bank of Boston, in Boston. Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. Worcester, Mass. — An issue of $200,- Bond Sale sold Rothschjld at a about July on to Company, & price of 3.36%. Dated 16 July 100.33, 1, a L. F. 3.40s, basis of as 1959. Due on sive. 1 from 1960 to 1979 inclu¬ Principal and interest pay¬ able at July First the Boston. National Bank Legality approved by Ropes, j Gray, Best, Rugg, of Boston. .Coolidge & — & Shafto, Inc., as 334s, at a price of 100.17, a basis of about 3.70%.! awarded were to gen¬ bonds p. 205— group com¬ 190, July 20—v. a of Goldman, Sachs & Co., White, Weld & Co., and Watling, posed Lerchen & Co., follows: as from $130,000 5s. Due on July 1 1961 inclusive. 1968 to 100,000 3y2s. Due on July 1 from 1969 inclusive. 1972 to School Harbor Benton District, Michigan Note Offering—Elmer H. Rohr- ing, Secretary of Board of Educa¬ tion, will receive sealed bids until noon (EST) on/July 27 for the purchase of $200,000 tax anticipa¬ tion notes. Dated July 27, 1959. Due 30, 1960. Principal payable at a place Jan. on interest and agreed upon with the purchaser. Brighton, Mich. Sale Bond — various pur¬ The bonds totaling $44,000 offered July 16 — v. 190, p. 205 — were awarded to Stranahan, Harris & pose Co., Inc. Cedar Note Sale Springs, Mich. The $30,000 sewage — disposal bonds offered July 7 — v. 189, p. 2941 — were awarded to Walter J. Wade, Inc. system Agricultural Sch. Dist., Dansville Michigan school .Bond Sale—The $325,000 bonds offered 189, p. 2941 — were awarded to Donald-Moore & Co., site and 14 and building v. — Associates, at net a interest cost of about 4.44%. Dearborn Twp. School District (P. O. 24425 Hass Avenue, Dearborn), Mich. Bond Sale—The $965,000 school No. 4 190, p. 205—were awarded to a v. composed Ann Bond er, Arbor, & Co. & Co., and J. City Clerk, will receive sealed bids until 2:30; p.m. (EST) on Aug. First of follows:; as MacArthur 100.005, a cost of about 4.14%, $160,000 5s. 1960 to of price a interest net •• Due on May 1963 inclusive. 1 from Due on May 1, 1964. 4y4s. Due on May 1 55,000 4 V2S. 570,000 1965 to 1972 inclusive. 90,000 4s. Due on May 1, 1973; 90,000 3y4s. Due on May 1, 1974. Twp. (P. O. Inkster), Michigan — William H. Dearborn Bond Offering Thorne, Township Clerk, will re¬ ceive sealed bids until 8 p.m. July 28 for the pur¬ $205,000 special assess¬ ment sanitary sewer bonds. Dated (EST) chase on of May 1, 1959. Due on May 1 from 1960 to 1965 inclusive. Principal and interest bank (M-N) payable at a designated trust company or the purchaser. Legality ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. by Elkton-Pigeon Area School District Elkton), Mich. — The $1,250,000 school site and building bonds of¬ fered July 15 — v. 189, p. 2941 — were awarded to a syndicate (P. O. Sale Bond headed Inc., Stuart & Co., price of 100.041, a net of about 4.26%, as by Halsey, at a interest cost follows: Due on July 1960 to 1964 inclusive. $110,000 5s. 70,000 Look¬ the Kenower, at 1965 Mich. Offering—Fred of Michigan Corporation;Braun, Bosworth & Co., Inc.; John Nuveen to 4s. and on 1 from July 1 from inclusive. Due on July 1, 1970. Due on July 1, 1971 1972. 900,000 4y4s. 1973 Due 1969 30,000 4y4s. Co., & offered 140,000 4y2s. MICHIGAN com¬ Lyons Sale—The from Springfield, Mass. Offering receive of The various pur¬ totaling offered July 16 — v. 190, posed until 7, 1959. Legality approved Storey, Thorndike, Palmer Dodge, of Boston. ney were Treasurer, bids $300,000 temporary loan notes. Dated July 30, 1959. Due on Dec. was Marlborough, Mass. bonds. fire Bank bonds pose Mass. 000 fire station construction bonds . $91,000 street improvement bonds. 65,000 recreational facilities 40,000 Shawmut Ludlow, Mass. will a.m. National Boston. Springhill, La. Offering — Lucille sealed bids until 11 the basis of about 3.97%. a Taunton, bonds. 100,000 water bonds. Due Bay City, Mich. $800,000 Bond eral obligation water system group 100.15, 28 119,000 bridge bonds. July 1 from 1960 to Pad¬ Stone, of Detroit. of Hutchinson, Town Treasurer, will Due interest any building bonds offered July 20— ./ $469,000 23,000 waterworks bonds. Erlington, Ky. Bond Sale Bond Houma, La. Shepherdsville), Ky. Bond Offering — T. L. Cook, •County Clerk, will receive sealed bids until 9 a.m. (CST) on July for La. in¬ and Hemphill, Noyes & Co., and Hayden, Stone & Co., as 4s, at a price sealed discount. dock & — bonds offered July 20—v. 190, p. 312—were awarded to a group composed of White, Weld & Co., Harriman Ripley & Co., Inc., Kidder, Peabody & Co., Co., and Boston-Safe at 2.31% on 1970 in inverse payable at the State Bank & Trust Co., of Ann Arbor. Legality ap¬ July - Stoughton, Mass. Sale The $1,400,000 Bond on $43,000 public improvement bonds offered July 14—v. 189, p. 2837—were awarded to the Scharff & Jones Inc., at a net interest cost of about 4.46%, as Bond dis¬ school project Jr., Sale—The County (P. O. $100,- Bank, of Worcester, at 2.40% count. awarded to the Second Bank-State 11,000 Series E bonds. KENTUCKY bids the ton, jointly, F err id ay, An issue of was LOUISIANA Bond — loan notes was sold to Worcester County National Deposit & Trust Co., both of Bos¬ ler, of Chicago. KANSAS Sale of composed Lowell, Mass. 1 Note 312—were p. order 000 airport 1960 to will Due Company, of Boston, at 2.30% dis¬ - —v. McLean An issue of $75,000 — on bonds numerical in due callable are payment date on or after July 1, 1969. Principal and interest (J-J) anticipation notes was sold to the Boston Safe Deposit & Trust count. Due Regional School Becket), Mass. Sale—The Bond a awarded Halsey, 1966 inclusive. Prin¬ Calhoun), Ky. Stuart & Co., Inc., Goldman, Sachs Bond Offering—Henry Willis, & Co., Townsend, Dabney & Ty¬ cipal and interest payable at the County Court Clerk, will receive son, Fahnestock & Co., Harkness City Treasurer's office. sealed bids until 11 a.m. (CST) on & Hill, Inc., and John J. Ryan & Sac City Community School Aug. 4 for the purchase of $200,- Co., as 4s, at a price of 100.21, a District, Iowa *■ 000 general obligation hospital basis of about 3.97%. V Bond Offering—Earl J. Beaver, bonds. Dated Feb. 1, 1958. Due Secretary of Board of Directors, on Feb. 1 from 1960 to 1988 in¬ Fitchburg, Mass. •from Pembroke, Mass. Note Sale Southbridge, Mass. were 6s, at a price of par. as premium of $80.00. Dated July 22, 1959. Bank, awarded to the Inez Deposit jointly, at 2.14%, plus Bonds thereafter tax 1959. Central of 1960 to 1981 1 from clusive. Bank-State Street Trust Company, $5,000,- Bank Dated July on c/o The Second Boston. of temporary loan notes was sold July 17 to C. J. Devine & Co., were Bank of Whites¬ Martin Bond County (P. O. Letcher build¬ purchase of ,$775,000 disposal system revenue April 1, 1959. Due the for H. Potter, Town Treasurer, will Bros., Iowa 10 bonds. 570,000 3%s. Due on July 1 from 1973 to 1987 inclusive. Natick, Mass. re¬ ceive sealed bids at The First Na¬ tional The — Halsey, Stuart & Co., Inc., as 4.30s, at a price of 100.269, a basis of Edward J. — Boston, Mass. Sale—The $487,000 Bond 29 Monday, July 27, 1959 . proved by Miller, Canfield, $1,568,000 school project loan bonds offered July 16 — v. 190, p. 205 — were .Bond Attleboro, Mass. Bond Offering $1,150,000 July 16—v. inclusive. Principal and interest the First National Equitable payable at Securities Corp., Stein Bros. & Bank of Boston, in Boston. Legal¬ payable at the Second Bank-State 245,000 3.90s. Due on Nov. 1 from Street Trust Company, of Boston. Boyce, W. L. Lyons & Co., and ity approved by Storey, Thorn1970 to 1978 inclusive. approved by v Storey, Merrill Lynch, Pierce, Fenner & dike, Palmer & Dodge, of Boston. Legality Thorndike, Palmer & Dodge, of Mediapolis Community Sch. Dist., Smith Inc. 1960 8 . sewage The — offered bonds school awarded to follows: 000 bonds, as headed price of par, a net interest cost of about 4.22%, as follows: from until bids Aug. 20 for the purchase of 483,- by the Bankers Bond Co., Inc., at a Mendon-Upton Regional Sch. Dist. Harrington, receive sealed will Clerk, Town La. Vinton, Offering—L. Bond were — ap¬ Chicago. offered bonds revenue — $113,000 District, la. Sale—An Bond school Sale—The $600,000 Bond Legality purchaser. the by proved by Chapman & Cutler, of George Down¬ — ing, City Clerk, will receive sealed bids until 7:30 p.m. (CST) on on payable at the City Treasurer's office, or at the option of the holder, at a bank to be designated • 000 street Due 1959. 1,, 1 from 1960 to 1979 inclu¬ sive. Principal and interest (M-S) Sept. Gamaliel, Ky. City, Iowa Forest a . (408) „o Due on July 1 from 1988. Volume 190 Other Number 5867 members . . The Commercial and Financial Chronicle . are: Blyth & Merrill Lynch, Pierce, Smith; Commerce Trust Co., of Kansas City; Shearson, Hammill & Co., and Friday & Co. , Inc.; Co., Fenner & and Farmington Bloomfield West Twps. Public School District (P. O. Farmington), Mich. (P. anticipation to the awarded was O. Note Offering —Elizabeth L. Johnson, Township Clerk, will sealed (EST) bids until 7:30 re¬ p.m. July 27 for the pur¬ chase of $20,000 tax anticipation notes. Dated July 1, 1959. Due on 1, 1960. Principal and in¬ payable :at a bank desig¬ Hillsdale Note Community Schools, Michigan Offering — Harold Ridley, Secretary of Board of Education, receive bids sealed until 5 the purchase of $60,000 tax anticipa¬ tion notes. Dated July 25, 1959. (EST) Due 29 for Feb. on and July on 28, 1960. Principal payable at the Hill- interest dale State Savings dale. Bank, of Hills¬ Community National Bank, Pontiac, at 2.50%. Wyoming, will Offering be station bonds offered police July 13 — awarded to Barcus, Kindred & Co., at a price of 100.01, a net interest cost of 190, p. 99 v. about were — 4.96%, as 47/eS. 90,000 on August 1 from Due the Sale library public time same August on 1 offered bonds at awarded to were a composed of Braun, Bosworth & Co., Inc., First of Mich¬ igan Corp., Kenower, MacArthur & Co., McDonald-Moore & Co., H. V. Sattley & Co., Inc., and Shan¬ non & Co., at a price of par, a net interest cost of about 4.82%, 1, 1959. Due 31, 1960. Principal and 1967 inclusive. Due 1 August on from 1968 to 1971 inclusive. Michigan (State of) Bond Offering—John C. State Highway Mackie, Commissioner, will receive sealed bids at his office in Stevens the T. Mason until 11 Lansing, Building, (EST) a.m. on July 30 for the purchase of $50,- 000,000 trunk line highway bonds (Series II). Dated August 1, 1959. Due March 1 from 1961 to 1985 on inclusive. Bonds due in thereafter terest are callable 1981 on and any Chisago County (P. O. Center City), Minn. Bond Sale—The $50,000 general obligation county nursing home date Due Feb. on inclusive. 1968 interest payable from 1 report in our at suitable any bidder. Legality approved by Duxbury & Duxbury, of Cale¬ donia. 22100 Note Federal, — Edward Van Nevel, District Clerk, will receive on bids until 4 p.m. (CDST) August 4 for the purchase of school $275,000 Dated 1 August 1, 1959. Due from terest building 1962 to 1989 bonds. on Feb. inclusive. In¬ — The $425,000 tax Bank of Commerce of Ham- a premium of $66.58. May on 1 clusive. & Grand Rapids), Mich. Bond Sale ard-Fairfield sion — The $28,000 Leon- Water Main Exten¬ Assessment District bonds offered July 7 — v. 190, p. 99 Special — were awarded to Webber, Jackson & Curtis. Paine, bids until 1961 to 1979 in¬ interest and Wood, of New York City. the at by Hawkins, Wood, of New York & Union Sch. Free Diet. (P. O. West Hempstead), New Sale Bond York The $1,800,000 July 22—v. 190, p. 313—were awarded to a syndicate headed by Halsey, Stuart & Co., Inc., as 4.10s, at a price of 100.659, a basis of 4.04%. Other members of the syndi¬ cate are: Geo. B. Gibbons & Co.* Inc.; Bacon, Stevenson & Co.; Francis I. du Pont & Co.; Chas. E. Weigold & Co., Inc.; Adams, McEntee & Co., Inc., and Tilney & school — offered bonds Co. New Jersey Turnpike Authority (P. O. New Brunswick), N. J. ton, at a 2.49% discount. Manchester, N. H. July anticipation 15 — v. 190, awarded, and interest (J-J) payable at any suitable bank in Minneapolis, Chi¬ New York, to be desig¬ by the purchaser. Legality approved by Dorsey, Owen, Scott, Barber & Marquart, of Minne¬ apolis. cago, or nated Note sedes — the July 13 The report — Sale—The aeronau¬ Bond Sale — The $20,000 im¬ provement bonds offered July 20 190, p. 205—were awarded to Piper, Jaffray & Hopwood, at a —v. net interest cost of about 4.13%. Peterson Indep. No. Bond Sale School District 232, Minn. — The $230,000 gen¬ — were Higher Traffic — Malone, New York Bond Offering—Edward and the Turnpike in June, of 2.43% inter¬ Truck in Reville, and traffic bus thus far 25.8% substantial and increases 17.5%, respectively, of as compared with the same period in For crease half passenger 13.3% was of The the cars in¬ against the first cessions of revenues including tolls, the con¬ investment and P. income, miscellaneous in¬ come totaled $35,956,826 in the 12 months ended June 30, 1959. Bourne, City Treasurer, will re¬ bids at the First Na¬ This ceive sealed pared with the $32,815,129 in the tional Bank of together Manchester, N. H. Bond Offering — James Boston, Municipal Division, 45 Milk Street, Boston, until 11 a.m. (EDST) on Aug. 4 for the purchase of $2,800,000 New Memorial High School bonds. Dated Sept. 1, 1959. Due on Sept. 1 from 1960 to 1979 inclusive. with was an increase of 9.5% period same Budgeted Nashua, N. H. Offering—Edward R. Be- earlier. year operating expenses were $6,484,870 in the year ended 30, 1959 against $6,428,325 in previous 12 months. After the deducting these services and expenses, but be¬ reserve on the bonded requirements, $29,471,956 in against $26,566,803 in 1958. remained Legality - approved extraordinary expenses made from reserve fund, as provided in the bond resolu¬ tion and not provided in budgeted Bond by Sale—An issue of $197,- building bonds was sold to the 000 ard, of Denver. State. obligation school building NEW JERSEY offered July 16 — v. 190, Middlesex County (P. O. New — were awarded to a group Brunswick), N. J. composed of Allison-Williams Co., J. M. Dain & Co., Inc., and Piper, Bond Sale—The $950,000 gen¬ Jaffray & Hopwood, at a price of eral improvement bonds offered par, a net interest cost of about July 16 — v. 190, p. 206 — were 4.29%, as follows: awarded to a syndicate headed by Colonel Clinton B. F. Brill, Au¬ thority Chairman, also disclosed in a regular revenue report that the Authority's operating expenses the first half for a able period $5,857,182, were from the compar¬ rise of 5.65% last year. 1 After revenue provision for reserves, riet amounted to $11,800,999, increase an of from 54.5% the level. 1958 the into the Chairman time, the cost reflects gain revenue results of the toll increase put effect last noted. At the same of Annual Jan. 1, Permits increased was limited to privately vehicles. their and owned use Passenger tolls cash revenue car higher 50% was from than during the first half of 1958. Per¬ mit Sale revenue dropped 44.6%, making overall passenger car in¬ come $11,755,361, or 41.74 more than the $8,293,439 half of 1958. last They during the first the of Opening England New sections accounted and Berkshire of the gain in rev¬ for about 10% enue. Disbursements for Dawson, Nagel, Sherman & How¬ of $18,800,942 for riod last year. debt there 1959 noit, City Treasurer, will receive operating expenses, amounted to sealed bids until 11 a.m. (EDST) $972,953. In the year ended June on July 29 for the purchase of 30, 1958, such extraordinary ex¬ $400,000 temporary loan notes. penses totaled $872,595. Dated July 30, 1959. Due on Dec. Perth Amboy, N. J. 31, 1959. Principal and interest Bond Offering—Oliver R. Kopayable at the First National Bank of Boston. Legality ap¬ vacs, Director of Revenue and proved by Storey, Thorndike, Finance, will receive sealed bids until 11 a.m. (EDST) on Aug. 5 Palmer & Dodge, of Boston. for the purchase of $900,000 water NEVADA bonds. Dated July 1, 1959. Due on July 1 from 1960 to 1980 inclusive. Henderson, Nev. Principal and interest (J-J) pay¬ Bond Offering — N. D. Van able at the City Treasurer's office. Wagenen, City Clerk, will receive Legality approved by Caldwell, sealed bids until 8 p.m. (PDST) Marshall, Trimble & Mitchell, of on Aug. 17 for the purchase of New York City. $666,000 Assessment District No. 300 street improvement bonds. __NEW MEXICO Due in one to 10 years. The bonds Colfax County School District, No. are callable. Principal and inter¬ 24 (P. O. Springer), N. Mex. est payable at the City Treasurer's office. p.m. com¬ June fore Principal and interest payable at Boston, in Boston. Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. the First National Bank of a 4 July 22 reported total tHe first six months of 1959, an increase of 37.74% over the corersponding pe¬ The combined until on revenue 1958. Authority, will Treasurer, bids thority to 1959, for the first six months, est. 250,000 Amoskeag National Bank, Amoskeag, at 2.45% interest. 10.7%. revenues amounted Village sealed in June, 1959 $3,167,874 and were up by 11.4% as against June, 1958, when they amounted to $2,842,786. In the 12 months to June 30, 1959, toll revenue amounted to $31,956,136 compared to $29,105,300 a year earlier, and an increase of 9.6%. Toll 1958. at the showed follows: Manchester, Note 190, p. 205.(State of) v. $1,000,000 offered 206 500,000 Merchants National Bank, foregoing super¬ in our issue of Minnesota p. interest. Offering—Mrs. Sam Gale, Clerk, will receive sealed (CDST) on July 30 for the purchase of $1,950,000 site and building bonds. Dated July 1, 1959. Due on Jan. 1 from 1961 to 1979 inclusive. Principal as notes $250,000 Manchester National Bank, Manchester, at 2.39% 1, Minn. bids until 1 p.m. Sale —The Note F-A. No. for eral Walker Township (P. O. 1952 Leonard Street, N. W., from Principal Delafield No. 27 (M-N) payable at the Burlington County Trust Co., in Moorestown Township, Moorestown. Legality approved by Hawkins, Delafield crease County (P. O. Berlin), N. H. Note Sale—The $100,000 tempo¬ rary loan notes offered July 14— v. 190, p. 206—were awarded to the First National Bank, of Bos¬ Minneapolis Special School District tramck, and National Bank of Detroit, jointly, at 2.75% interest, plus sealed payable approved Hempstead (EDST) on Aug. 11 for the purchase of $330,000 school build¬ ing bonds. Dated May 1, 1959. Due and Coos Legality approved by Owen,. Scott, Barber & Marquart, of Minneapolis. O. anticipation notes offered July 20 —v. 190, p. 313—were awarded to the MONTANA Dorsey, Morningside (P. O. West 42nd St., Warren), Mich. receive Legality S. Miller, 8 p.m. revenues on tax Offering Certificate (P. will (M-S) First National Bank, of Allegany. City. School Secretary of Board of Education, Revenues jointly. / Minnesota issue of Public Schools Sale Bank, and the Bank of City,'"both of Yazoo City, Yazoo Lynd Indep. Sch. District No. 415, Morningside), Minn. Dyke issue of $39,000 Township Bond Offering—Ruth sold to the Delta 1961 Principal and bank designated by the successful or on City, Miss. was Laurel interest 57 receive (EDST) year ended June 30, bonds offered July 14 — v. 189, continued an upward trend and on July 30 for the purchase of Geraldine, Mont. p. 2941 — were awarded to Alli¬ showed increases over the cor¬ $325,000 sewer bonds. Dated Aug. Bond Offering—H. J. Preshinson-Williams Company, as 3y2S, responding periods a year earlier, 1, 1959. Due on Aug. 1 from 1960 at a price of par, a net interest ger, Town Clerk, will receive Principal and Joseph Morecraft, Jr., Chairman, to 1988 inclusive. sealed bids until 8 p.m. (MST) on cost of about 3.89%. interest (F-A) payable at the Vil¬ announced July 21. July 27 for the purchase of $120,The traffic in June, 1959, totaled lage Treasurer's office. Legality Eitzen Common School District 000 water supply and distribution 4,246,644 vehicles, a record for approved by Sullivan, Donovan, No. 619, Minn. system bonds. Dated July 1, 1959. that month, and an increase of Hanrahan, McGovern & Lane, of Bond Offering—Marie Stagge- Amortization bonds will be the 11.2% compared with June, 1958, New York City. meyer, District Clerk, will receive first choice and serial bonds will when it totaled 3,818,867 vehicles. sealed bids until 8 p.m. (CDST) New York State Thruway ' be the second choice of the Town For the 12 months ended June 30, on July 28 for the purchase of $8,Authority (P. O. Albany), Council. Interest J-J. 1959, the traffic was 44,246,576 500 • f general New York' "" obligation school vehicles, also a record and an in¬ NEW HAMPSHIRE Revenues lip 37.74%—The Au¬ building bonds. Dated Aug. 1, in¬ July 13 —v. 190, p. 205. Van Yazoo Sale—An National — the 000 First National Bank of, Memphis. Bond after certificates of indebtedness March 1, 1974. Principal and in¬ tics terest (M-S) payable at the City totaling $3,260,000 offered July 21 —v. 190, p. 205—were awarded to Bank, of Detroit, or at the option C. J. Devine & Co., Merrill Lynch, of the holder, at the First National Pierce, Fenner & Smith, A. C. City Bank, of New York City, or & Co., Ira Haupt & Co., the Continental Illinois National Allyn Hayden, Stone & Co., Wm. E. Bank & Trust Company, of Chi¬ Pollock & Co., Inc., Schoellkopf, cago. Legality approved by Miller, Hutton & Pomeroy, Inc., Roose¬ Canfield, Paddock & Stone, of velt & Cross, Inc., and Goodbody Detroit. & Co., as 3.40s, at a price of 100.05, Note The foregoing supple¬ a basis of about 3.39%. payment ments School District, Miss. — An issue of $450,school bonds was sold to the Bond Sale school bonds MINNESOTA Bond 4%s. 60,000 Philadelphia Municipal Separate with the purchaser. upon District to A. Saunder & Co., Inc., and Cady & Co., Inc., jointly, as 4s, at a price of par. interest payable at a place agreed follows: $50,000 5s. Due on August 1 from 1960 M. p.m. sealed The $110,000 — group as bids 8 Dated August March Haupt District (P. O.^Moorestown), New Jersey Corinth, Miss. Sale—An issue of $90,000 industrial bonds was awarded to Bond July 27 for the pur¬ $82,000 tax anticipation notes. on Ira are: Co., Kean, Taylor & Co., J. B. Hanauer & Co., and Van Deventer Brothers, Inc. Mount MISSISSIPPI on Bond from 1977 to 1979 inclusive. Additional until of 1976 inclusive. to Feb. 1 from on 1976 to 1981 inclusive. follows: $400,000 5s. Due 1960 Schools Sealed — received chase to Sale—The $490,000 Bond Public Rogers District No. 9, Mich. 1959. Inhster, Mich. 75,000 4.20s. Due members & — to the on nated by the purchaser. p.m. Fractional Other Feb. 1 from on 1975 inclusive. — (EST) terest 5 1970 to The $120,000 tax anticipation notes offered July 6 v. 190, p. 99 — were awarded Note a (P. O. Grosse lie), Michigan March No. 75,000 4.10s. Due Orchard Lake), Mich. Sale National Bank of Crosse lie Twp. will District Note of notes Detroit, at a 2.40% interest, plus premium of $ 15.30. ceive Twp. and Keegoe Sylvan Lake (Cities) and School Sale—An issue of $500,000 Note tax West Bloomfield Harbor (409) operating not were year. of the revenue increase, Authority said, came from cash tolls paid by motorists who Some the used Permits had "Commercial last year. revenue on the 545- superhighway kept up its steady rise. First-half collections, after volume discounts, totaled mile $5,498,193, a gain of 41% from the $3,897,574 reported last year. Toll revenue vehicles was all types of from $17,253,555 so far this — 41:53% higher than the $12,191,013 collected in the first year half of 1958. Concession 474 was revenue of year's level. , First-half debt service for the cost of Thruway in use $1,322,- slightly higher than last totaled $8,387,517 accrued facilities and $1,- 067,000 for the cost of unopened parts of the System bringing the overall charge to $9,454,517. Debt service is computed by distribut¬ ing the annual debt service monthly, based on the percentage of monthly revenue to the total annual revenue. NEW YORK bonds p. $80,000 3.90s. Due on February 1 from 1962 to 1969 inclusive. Phelps, Fenn & Co., as 3.20s, at a price of 100.105, a basis of 3.17%. Ossining, N. Y. Allegany, N. Y. 205 Bond Offering—C. S. Norton, Village Clerk, will receive sealed bids until 2 p.m. (EDST) on July 30 for the purchase of $123,500 fire hall and sewer bonds. 1, 1959. to 1984 Due on Dated June Sept. 1 from 1960 Principal and inclusive. Bond Sale — The $184,000 ga¬ rage, equipment and improvement bonds offered July 21—v. 190, p. White & Co., and Bacon, Stevenson & jointly, as 3.70s, at a price 100.22, a basis of 3.66%. . Co. of 313—were awarded to 1 The Commercial and Financial 58 Bond will re¬ Allen, County Treasurer, ceive sealed bids until 1 p.m. July 29 for the pur¬ chase of $190,000 county highways bonds. Dated April 1, 1959. Due on (EDST) April on ers Dickinson, N. Dak. 29,000 ball park bonds. (A-O) City. New York fire July offered bonds 14—v. 190, p. 206—were awarded to the Traders Trust Manufacturers and Co., of Buffalo, as 3.90s, at a price of 100.089, a basis of 3.87%. CAROLINA NORTH Sale—The Bond on a Corp., at Series A bonds water as 6s. sewer Series A follows: $140,000 6s, 250,000 sanitary bonds, due as 1 June on 1970 June on 1 1976 inclusive; June on from from to 4s, ings & Trust Company, of Elyria. Legality approved by Squire, Sanders & Dempsey, of Cleveland. 1977 to 1986 inclusive. Lake offered net 1960 to Due bonds. on Dec. June on 1964 due 1, 1959. Principal and interest (J-D) payable at the Central National Bank, of Cleve¬ June apparatus $7,000 6s, from inclustive; on 1961 from 1 Sanders Squire, Cleveland. 1965 Bond City Offering for the purchase from assessment $12,000 1964 to 4%s, due inclusive; June on 1 from 1965 to 1973 inclusive. Offering — 1961 sive. Principal and interest payable at the Chase by (J-D) City. Legality Mitchell, Pershing, Shetterly & Mitchell, of New York City. North Carolina (State of) Bond Sale—The $3,000,000 ital improvement July 21 — v. 190, awarded to bonds p. 206 on 1, 1959. June and to 1964 July 15 — North Olmstead, Bond Offering — E. M. Christ- will Auditor, City man, street August Dated on the purchase of judgment bonds. 1, 1959. Due on for 4 $69,850 receive (EDST) sealed bids until noon Principal and interest (J-D) pay¬ to 1965 300,000 3s. Due and 1967. 300,000 3.20s. on 1966 on 1968 and 1969. 150,000 3.10s. Due ( May 1, 000 on May 1, 1,550,000 from - Offering—Robert C. Les¬ Village Clerk, bids until 3.20s. 1971 Other to members Due on 1979 of May 1 inclusive. the syndi¬ cate: Harriman Ripley & Co., Inc., Barney & Co., Phelps, Fenn & Co., First Union National Bank, Charlotte, and Carolina Se¬ curities Corp. Smith, County (P. O. Greenville), North Carolina Bond ling, Offering—W. E. Dec. 1, 1958. Due on Dec. 1 from to inclusive. 1997 Principal and interest payable at the main office of the Trustee, or at the op¬ tion of the holder, at the Chem¬ ical Corn Exchange Bank, New York City. Legality approved by Squire, Sanders & Dempsey, of Cleveland. Bond sealed bids at his office in Raleigh until Aug. 4 for the purchase of from June 1961 1, 1959. Due serially to 1969. An — issue in of $1,- bonds was & via negotiated sale on July 20 by a syndicate headed by Ira Haupt & Co., as follows: $1,185,000 serial bonds, for $110,000 3V2S, due on Aug. 1 from 1961 to 1964 inclusive; $360,000 3%s, due on Aug. 1 from on. 1965 inclu¬ 1989 to purchased revenue 000 1971 to inclusive; $130,on Aug. 1, 1972 $260,000 3%s, due 3.80s, due and on .1973; Aug. 1 from 1974 to 1977 inclusive; $130,000 3.90s, due Aug. .1, 1978 and 1979; ' $195,000 4s, due on Aug. 1 ■ Pohl, on > was Lester — of (EDST) on chase of Finance, Due on (J-D) Trust $60,000 eral 189, to group a p. National Portland. August 10 for the Dec. Dated 1 July from Principal payable at L. $40,000 3.60s, due on $100,000 3.65s, 1971 and 1972; due on Nov. 1 to 1978; $190,000 3.80s, due Nov. 1 1979 from $210,000 3.85s, due 1982 Nov. on 1981; Nov. 1 1984. to term on to on Deschutes No. 5 1, 1959. to 1969 and interest Cleveland Company, in Cleveland. Le¬ School County Bond Sale—An issue of $25,000 general obligation bonds was sold to the National States United Goldman, Sachs & Co., Horn- Stroud & Haines & W. H. Newbold's Son & Co., Schmidt, Roberts & Parke, Singer, Deane & Scribner, Fahnestock & Co., and Steele, Co., Co. East Pikeland Sold—All bids ligation Malheur p. ob-, offered bonds sewage re¬ 207—were re-, Bond obligation improvement bonds of¬ fered were July 14—v. awarded to 190, the p. 207— • County School District (P. O. Jordan Valley), Oregon Bonds Notr Sold—All bids . re¬ ceived for the $40,000 general ob¬ ligation v. 190, bonds p. in reported. July 13— 207—were returned un¬ The opened. offered offered the bonds near will sealed bids until Sale—An issue obligation general of $40,000 bonds was awarded to the Broad Street Trust Co., of Philadelphia, as 3V2S. Offering 000,000 O 1959. Due Rickett, (EST) Borough sealed receive be future, on interest until is - Aug. • 1 Bonus, Aug. 1, 1962 from Principal and the at . Offering—John M. Eakin, Bond (EDST) on Aug. 3 for the- purchase of $46,000 general obligation bonds. Due on Aug. 1 from 1960 to 1969~ sealed bids until 7:30 p.m. inclusive. •••1 Snyder Township (P. O. Nealmont,, R. pur¬ Offering Bond — W. 4, ■ Hiller, F. Secretary of Board of Supervisors, will receive sealed bids until 8 (EDST) p.m. Aug. 3 on for the purchase of $36,000 general obli¬ gation bonds/ Dated Sept. 1, 1959. Due on July 1 from 1960 to 1971 inclusive. Principal and interest payable at the Secretary of Board of Supervisor's office. - Legality C. approved by Robert stroh, of Altoona. Township (P. O. 1301 McKees Rocks), Pennsylvania Sale—The A. gen¬ 190, p. 315—were awarded E. a about & Co., and Kay,, Co., jointly, as 3%s, of 100.08, a basis of Masten & Richards at - $75,000 obligation bonds offered July 20—v. to Haber- Avenue, Bond eral price 3.32%. PUERTO . Puerto Philadelphia. D. Tyrone), Pa. p.m: August 4 for the receive will Secretary, Borough will 8 $60,000 general obligation bonds. Dated Sept. 1, 1959. Due on Sept. 1 from 1960 to 1965 inclusive. Principal and interest payable at the Forty Fort State Bank. Legality approved by Townsend, Elliott & Munson, of Rico Authority Franklin Dated Mellon National Bank and Trust Co., or at the agency of the Common¬ wealth in Philadelphia, or New York City. Legality approved by Dilworth, Paxson, Kalish, Kohn & Dills, of Philadelphia, and Rhoads, Sinon & Reader, of Har- Stowe Secretary, bids on payable A. chase of Twp. School District RICO .... Aqueduct and (P. O. Sewer San Juan), Puerto Rico ' (P. O. Export), Pa. re- it bonds. inclusive. 1975 to Veterans Korean Series Island Walter — Kent, will receive" (EDST) on noon Aug. 4 for the purchase of $120,- & Farmers Folcroft, Pa. Bond (Commonwealth of) Treasurer, O. improvement No. 81 gen¬ Bond Offering—Robert F. Twp. School District Forty Fort, Pa. Garibaldi, Ore. Not Pennsylvania State Kimberton), Pa: Sale—The $35,000 general (P. Bond ceived for the $15,000 general $750,000 school bonds of¬ 15—v. 189, p. 2943— July Rochester, Pa. blower & Weeks, Reynolds & Co.,1 Bank, of Portland. Bonds fered Other members of the syndicate are: District (P. O. Terrebonne), Oregon Sale—The obligation 4,10s.- risburg. bonds as 1, 1998. Merchants < National Bank, of Oregon, Portland, as 4'%s,at a price of 100.27, a net interest Phoenixville, as 3%s, at a price of 100.10, a basis of 3.60%. cost of about 4.14%. pur¬ 1960 the National First the Castle, School District, Pa. Bond • Clatsop County School District No. 5 (P. O. Astoria), Oregon Bond Sale—The $95,000 general obligation school bonds offered July 14 — v. 190, p. 100 — were to 1967; H ^ New eral 1, 1973 to 1975; $170,000 3%s, due ion Nov. 1 from 1976 1,430,000 2943—were awarded headed by the First of Oregon, in Nov. from from Bank 1, $40,000 Nov. 1, 1970; due on Nov. 1, $150,000 3.70s. building exten¬ obligation bonds offered July 7—v. Nov. 1969; issue of $128,- The $125,000 gen¬ inclusive; on $40,000 3.40s, due on 1, 1966; $40,000 3.45s, on Due — due due on Nov. 1, 1968; $40,000 3.55s, due on Nov. 1, was National (P. O. Street, Aloha), 1964 3.30s, 3V4S, College (P. O. 17880 S. W. Blaton to 1960 $40,000 Nov. OREGON will $121,215 street improve¬ bonds. ment from sold to R. J. Edwards, Inc. 17—v. 190, jected. Euclid, Ohio Director 207—were awarded syndicate headed by Harri¬ p. 1965; Aloha'Huber Water District $2,625,000 bonds offered July Ripley & Co., Inc., at a price, were awarded to a group com¬ $98,015, a net interest cost of posed of Harriman Ripley '& Co., about 4.08%, as follows: Inc., Poole & Co., and Penington, Colket & Co., as 33/4S, at a price $1,195,000 serial bonds, as follows: of 100.18, a basis of 3.73%. : $135,000 4s, due on Nov. 1 Okla. An 190 The — revenue of improvement revenue bonds receive sealed bids until 7:30 p.m. $675,000 memorial hospital bonds.- inclusive. Dated State — July Offering Askue, Easter- Secretary of Local Govern¬ Commission, will receive ment Sale 655,000 school man bonds First Durant), Sale due issue of the Southeastern Dated bonds. revenue sewer South Pitt noon 1960 1970. - Stated bonds mature Bank of will receive (EST) on Aug. 10 for the purchase of $280,lie, sealed Due Olmstead Ohio Northfield, Bond May 1, ' , Series (M-S) the County Control¬ Legality approved by at office. a inclusive. 1970 site and to awarded from inclusive. City Bank of North Cleveland, to Oklahoma Bond Sale Branch. 1961 to 1961 Sale—An Bond Ohio were May 1 1, ,1959. 1960 from Bond v. Dec. 1 from 1960 to 1969 inclusive. follows: on July 29 for the pur¬ $350,000 building bonds. Oregon of about as Sept. 1 bonds, -r Burgwin, Ruffin, Perry of Pittsburgh. / •• Kay County Dependent School Dist. No. 39 (P. O. Blackwell), sion 3.48%. able at the National 3.24%, Sept. inclusive. The $200,000 sewer — offered Education, will on of from 000 student union by the First Boston Corp., at a price of 100.06, a net interest cost $700,000 4s. Due Dated Due Bank of Oklahoma 'City, as 3s and Dec. 3V4S, at a price of 100.018. headed syndicate a (CST) chase Bond Sale August cap¬ offered — People's 58-2. combination the and receive sealed bids until 7:30 p.m. building 190, p. 100 — were awarded to Ryan, Sutherland & Co., as 3J/2S, at a price of 100.06, a basis of about Manhattan Clerk of Board of Marion. Bank of New York approved bonds, Series C-l. E school awarded July 1960 from Note Sale inclu¬ 1965 to Bond Pennsylvania improvement street Dated notes bonds. Dated June 1, 1959. Due on from Grant, bonds are due in 1961 of $61,000 special Newark, Ohio purchase of $50,000 water 1 B. Harper County Indep. Sch. Dist. No. 1 (P. O. Laverne), Okla. "Bond Offering—Charles McKee, Elmer Shaw, — Principal and interest (J-D) pay¬ able at the National City Bank of W. E. Easter- sealed bids at his office in Raleigh until 11 a.m. (EST) on July 28 June Commissioner's 4,440,000 21—v. until bonds. 1 ling, Secretary of Local Govern¬ ment Commission, will receive for the bids semi-annually Newton, N. C. Bond on Authority (P. O. Shillington), Pennsylvania will 1962. Auditor, will receive sealed noon (EST) on Aug. 5 bonds, as fol¬ lows: $3,000 6s, due on June 1 1962 Knox, receive follows: as $2,550,000 3.90%. Marion, Ohio to hall town Due .. Due 43/4S, $8,000 approved by & Dempsey, of Legality to inclusive. 1969 15,000 1 . 1 from 1960 to 1979 inclusive. follows: due 1959. . ... payable Offering—Tom Clerk, City The Dated August a $15,000 fire fighting bonds, as follows: . from Sewer District improve¬ land. , of¬ inclusive. ment price of 100.37, a interest cost of about 4.86%, Corp., at Okla. 1, Governor Mifflin Joint School W. will sealed ler's Bond Controller, sive. Principal and interest OKLAHOMA improve¬ awarded to the First Securi¬ were ties 1 Dec. on 137,500 $30,000 bonds 14—v. 190, p. 206— July Williams, of Cincinnati. Ada, $66,000 totaling bonds 1969 Sale—The Bond Legality approved Shaffer & Peck, by Pittsburgh), Pa. Offering—Jas. County 1960 to from 1 Dec. on Park, Ohio Due N. C. Waccamaw, Due August Legality approved by Burg¬ Ruffin, Perry & Pohl, of Pittsburgh. Allegheny County (P. O. Bond of 1979 inclusive. Dated August 1 from 1960 to 1989 inclu¬ win, "bonds, re¬ Principal and interest (J-D) pay¬ able at the Lorain County Say¬ 1959. July 27 for the purchase of $350,000 general obligation bonds. sive. PENNSYLVANIA will purchase the for 3 Aug. County State Bank, of Roseburg. receive will on ceive sealed bids until noon (EST) on Douglas . Directors, on — to 1971 $50,000 3s, due from 1 1960 $60,000 inclusive; due 13 for the pur¬ Aug. 2943— p. the Norman — Clerk, Village Bankert, to bids until 11 a.m. (EDST) Aug. 11 for the purchase of $6,990,000 general obligation Waynesboro, Ohio Offering 13—v. 189, awarded were School sealed bids until 8:30 p.m. (EDST) — a follows: $50,000 as Monday, July 27, 1959 . receive sealed from 1980 to 1982 inclusive. Ambridge School District, Pa. : bids until 2 p.m. (CST) on July 28 fered July 20—v. 189, p. 2942— 470,000 term bonds, as 4^/88, due Bond Offering Martha Kluz, for the ^purchase of $955,000 gen¬ were awarded to McDonald & Co., on Aug. 1, 1989. eral obligation bonds, as follows: Secretary of Board of School Di¬ as 4s, at a price of 100.53, a basis Other members of the syndi¬ rectors, will receive sealed bids of about 3.89%. $900,000 waterworks bonds. Due until 7 Hemphill, Noyes & p.m. (EDST) on Aug. 12 cate: Co., serially from 1962 to 1975. for the purchase of $140,000 gen¬ Butcher & Sherrerd, Kidder, PeaGarfield Heights, Ohio 5f),000 public park bonds. Due eral obligation school bonds. Dated body & Co., Stroud & Co., Inc., Bond Offering — Alfred L. in 1961. Sept. 1, 1959. Due on Sept. 1 from Rambo, Close and Kerner,' Inc., Vapenik, Director of Finance, will Dewey County Indep. Sch. District 1960 to 1973 inclusive. Legality Bache & Co., Boenning & Co., C. receive sealed bids until noon No. 1 (P. O. Taloga), Okla. approved by Burgwin, Ruffin, C. Collings & Co.r Arthurs, Le(EDST) on August 6 for the pur¬ Bond Sale An issue of $7,000 Perry & Pohl, of Pittsburgh. strange & Co., Suplee, Yeatman, chase of $159,500 special assess¬ school building bonds was sold to Mosley Co., Inc., Warren W. York ment bonds, as follows: Downingtown Joint High School : & R. J. Edwards, Inc., as 4s, at a Co., Inc., J. S. Hope & Co., Authority (P. O. Downington), $22,000 street improvement bonds. and Joseph Lincoln Ray. price of 100.25, a basis of about price of 100.0012, net interest cost of about 4.14%, ties 4V4S, at a price of 101.90, a basis of about 4.05%. Bond offered July as $114,000 sewer system special as¬ sessment bonds. Dated Aug. 15, ment awarded to the First Securi¬ were noon of Bond Sale—The street 314— p. Co., of Roseburg, Oregon Bond Sale.—The $34,000 sewer improvement Series A-1959 bonds Cincinnati, of Harris & $42,000 school building bonds. Dated Aug. 1, 1959. Due on Dec. 1 from 1960 to 1969 inclusive. chase Fairview 190, until bids sealed $300,000 bonds July 31—v. of Education, will of Board receive Graham, N. C. offered Bank, Stranahan, (P. O. 14168 South West River (EDST) (P. O. Buffalo), N. Y. Sale —The $33,500 Bond house 3 District Road, Columbia Station), Ohio Bond Offering—Lydia B. Fritz, Clerk No. District Fire Seneca West Provident School Local District (P. O. Harrison), Ohio Bond Sale—The $980,000 build¬ and OHIO Columbia School Local Southwest ing bonds offered July 16—v. 190, p. 100—were awarded to Field, Richards & Co., McDonald & Co., $32,000 swimming pool bonds. Vandewater, Galloway, of approved by Sykes, Heckler & totaling Bonds — follows: payable at the Chase Manhattan Bank, of New York City. Legal¬ ity Sale Bond $61,000 were sold to the Bank of North Dakota, in Bismarck, as from 1960 to 1969 inclu¬ 1 sive. Principal and interest gality approved by Squire, Sand¬ & Dempsey, of Cleveland. DAKOTA NORTH County (P. O. Saratoga Springs), N. Y. Offering: — Walter L. Saratoga as . . (410) Bond Offering Chegwidden, — Secretary Reports Gwen of G. Board Revenue May—Revenues in of Increases in the Authority May, 1959 totaled $714,869 com- Number 5867 Volume 190 The Commercial and Financial Chronicle . . . pared with $661,006 in May of 1958, according to Rafael V. Urrutia, Executive Director of the Authority. For the 12 months 100,000 "to $8,719,794 The Government for Bank 300,000 bonds. 1960 Development fiscal is Water Rico Resources Rico Reports May Revenue Total — ; ' in the of Authority in May, 1959 amounted to $3,099,603, compared with $2,933,940 in May of 1958, according to S. L. Descartes, Executive Director of the Authority. the For 30, 1959, ity 12 months totaled $35,429,477 12-months' Puerto for Development Rico agent for the Puerto Resources fiscal is Rico Water Sale—The Bond 21—v. Inc., interest net a ISLAND Bond Offering Director The — Finance of sealed bids until Sept. 1, 1959. Due Co., 1961 of to City, S.C. age receive awarded will bidder $195,000 the to by July 29 the Bond BOARD OF GOVERNORS OF THE FEDERAL City. Legality July at RESERVE SYSTEM Sale—An issue the to 15 INDEXES 1959 1947-49 average=100 1958 •June May total___._— 132 155 153 131 Manufactures 156 134 158 156 133 June May Durable 172 169 139 172 169 Nondurable —_—-—_ 144 129 145 142 ________—_— 126 126 112 128 127 115 145 141 111 143 141 109 155 151 111 154 153 durable Major total goods, durables—__ consumer Bond 99 158 162 117 111 118 114 242 "263 242 X "264 durables 153 general ment Due ' Gas ' ____________i- Nonagricultural (prod; total Employment, Nondurable Department store stocks, value__ Residential 99.4 92.3 (J-J) 95.1 92.3 90.7 172.8 169.6 90.3 93.5 ~77 91 "144 133 U38 •141 NOTE: Construction "151 147 X ♦153 140 1959 Bond bids until 8 p.m. the purchase '• 142 —- 155 170 118 123 104 130 F. W. on obligation water Dated Aug. 1, 1959. Due 1 109 124, ——- eral 115 123 153 indexes based tNot tEstimated. •Preliminary. , Dodge data for 48 states. from able PRODUCTION ful -1959"June May 154 103 bank a fabricating-^——__r—metal Fabricated • Electrical 150 145 125 173 169 133 125 school building 208 171 209 201 162 July 21 — 214 185 214 215 183 154 125 149 154 152 136 95 133 320 323 325 190 160 191 awarded 94 139 328 138 to Apparel 171 143 X 140 120 par, 147 126 145 142 123 4.16%, _—_ 145 142 116 140 137 ___ 152 150 132 149 133 155 - and allied X 126 111 127 121 X 132 122 100 X X 99 161 146 162 162 146 180 157 X 130 159 149 138 148 150 137 125 t 143 155 145 X 154 143 192 t X 191 168 188 139 165 209 18-1 X 187 X X ♦141 131 143 *138 121 116 125 116 121 116 X 116 119 t' 121 116 X 113 114 X 116 X t X products—! and coal and beverage Beverages 124 116 X 128 143 122 t tobacco— ' mfrs ■ . . „ 123 oil Crude and natural oil gas—'__ — . Dated 131 . 124 122 112 , 1 119 Metal, stone, and gas liquids— earth minerals 'Preliminary.-!-tNot available. 1962 to White 113 » 73 72 72 ♦143 133 = 3V2S and 3Y4S. ♦138 122 ,, Due 137 135 - , 191 X X 112 155 147 f_;. . (CST) purchase of 1960 1, Sept. to 1, date. Legality ap¬ by McCall, Parkhurst, Crowe, McCall & Horton, of Dal¬ las. bonds. on 182 . _ , of on Jan. inclusive. 1 sold 42,000 5s. June 15 from on Due approved Dec. J-J. Charles 'Jiicht^ofSL Louis. ' & inclusive. 1989 Texas Bond mitory the Sale—The $546,000 dor¬ bonds offered July sold to revenue 15—v. 190, 100—were p. Federal Housing and Horns Agency, as 3s, at a price Finance Dated June Interest Gibson, Spence & Gibson, of Austin. 15, Lasara VIRGINIA 0 Colonial Heights, Va. Bond Sale—The $900,000 1959. F. improvement 15 — v. 190, bonds Lee, Inc., Company. Columbian the Securities poration of Texas, at cost of about a Cor¬ net inter¬ 4.24%, fol¬ as Due to 1972 to July on 1963 1 from inclusive. on and July 1 from inclusive. July Indep. School awarded Offering — 000 McKin¬ 1 from 1961 to 1960 Principal and interest (F-A) payable at a bank in Dallas, to be selected by the purchaser. Aug. Bond Sale—An was O. Perryton), of $20,000 awarded to the Co., and the Securities Corporation Texas, jointly. 1969 1972 to on July 1 incl.; $60,July 1 from 1971 on 1975 due incl.; $75,000 July 1 from incl.; $245,000 July 1 from 1980 on 1979 to 4y4s, due to to 4V2S, due 1976 on 1988 incl. 1,740,000 series D, sewer revenue 47/ss. as Clallam County Crescent School District No. Port Bond Angeles), (P. O. Wash. and equipment bonds awarded to the Olympic State Bank, of Port at Consol„ 313 Sale—An issue of $25,000 building was issue Securities series D revenue as 4.60s, Legality approved by Dumas, Huguenin & Boothman, of Dallas. Hamilton 2840— $100,000 4.40s, due District, President of Board of Trus¬ tees, will receive sealed bids until airport bonds bonds p. a follows: $740,000 4s, on July 1, 1960 to 1964 incl.; $380,000 4y4s, due on July 1 from 1965 to 1968 incl.; ney, on sewer bonds, from Fred to D 189, due T exas Bond 2—v. follows: 1959. Legality ap¬ Dallas. McKinney & group headed by Foster and Marshall, at a net cost of about 4.93%, as McCall, Parkhurst, McCall & * Horton, of Crowe, Brooke interest by proved H. series revenue $1,600,000 Dated July 1, R. County) (P. O. Seattle), Wash. Bond Sale —The $3,340,000 sewer were 4s. were WASHINGTON offered lows: $4,000 — Bellevue Sewer District (King awarded was gen¬ offered 208 a group composed of Craigie & Co., Peoples Na¬ W. Indep. School District, Tex. Sale—An issue of $35,000 Bond schoolhouse bonds p. tional Bank, of Charlottesville, C. F. Cassell & Co., Inc., Mason & price a Angeles, 100.094, a of 3.90s, basis of as 3.88%. Douglas County, Palisades School 102 (P. O. Watersille), Dated Aug. 15, 1959. Due on Aug. 15 from 1960 to 1964 inclusive. Legality ap¬ Dist. McCall, Parkhurst, Crowe, McCall & Horton, of Dal¬ Leedy, County Treasurer, will (PST) on Aug. 3 for the purchase of $18,100 general obligation school bonds. Dated Sept. 1, 1959. Due on Sept. 1 from 1961 to 1969 inclusive. Principal and interest (M-S) payable at the County by Tex. District, Bond Sale—An issue of schoolhouse bonds was $70,000 sold to Rauscher, Pierce & Co., Inc., as 4%s, at a price of par. Dated July 1, 1959. Due on July 1 from 1981 gality approved by McCall, Park¬ hurst, Washington ceive McCall & Horton, Legality Trauer- and system bonds revenue, offered July Series 14—v. (190, p. 208—were awarded to a group composed of the Union Securities Co., Rotan, bids R. Forrest until 2 re¬ p.m. Bond Hansen, Kennewick, Wash. Offering — William City ceive sealed on will Manager, bids until 2 E. re¬ pjn. July 28 for the purchase $54,000 general indebtedness bonds. Sale—The $450,000 water sewer 1959 sealed — Treasurer's office. of Terrell, Texas Bond Offering (PST) Crowe, was No. Bond to 1987 inclusive. Interest J-J. Le¬ Dated July 1, 1959. from 1961 to 1969 Interest by was awarded to June 15 from on 1970 to 1977 inclusive. of bonds Finance University of Texas (P. O. Irving), eral est issue of $95,000 revenue Federal Housing and Agency, as 4%s, at a price of par. Dated April 1, 1959. Due on April 1 from 1962 Home July to Sale—An system to the $36,000 4V2S. Due $50,000 bonds 125 '5' ' ■ ■ Throckmorton, Texas Jewett-Marquez Indep. Sch. Dist. (P. O. Centerville), Texas Bond Sale—An issue of $78,000 was sold to the Municipal Securi¬ ties Company, as follows: of Dallas. issue improvement 134 - Due sold to Lucien L. Bailey & Co., as 146 X sewer of Tennessee 122 r (CST) purchase 1986 inclusive. Sale—An 134 • p.m. bids County (P. O. Sparta), *136 66 1 sale of par. D. 125 123 r ;.. from •148 • at W. oral *' 138 - that 1958. 1, 134' 73 receive will the Stephensville Independent School Tenn. Mayor — announces Dec. July 1 from on any and 1, 1983. proved 1:45 p.m. for March proved inclusive. Aug. 5 for the $405,000 water and Bond ■ Natural gas and _ from July 1 from on on on las. 1 inclusive. on 134 ' Offering will be received 177 207 1985 to 147 74. Crude 7 July on inclusive. Tullahoma, Bond Parham school __— 1976 to 1977 ( 4 — X . - 1967 to 520,000 4.10s. Due Minerals: fue}s about 125 t _——- Tobacco manufactures Mineral Due 5s. 1968 110 125 _ manufactures Food 110 125 134 135 products- chemicals beverages, Food 94 X printing and periodicalsand petroleum products Petroleum Foods, until 31 Columbian 330,000 4.20s. Due 100 119 162 t 149 Chemical and 122 X 127 products and allied products Printing and publishing— Newsprint consumption Industrial 122 95 106 t : Paper Chemicals 102 129 products products Paper and printing— job 122 113 124 X allied leather and of cost follows: as $150,000 130 145 interest net a Manufactures: products Leather Auditor, bids 113 apparel products— and and Rubber City Aug. Texaa 176 manufactures the on to Tex. Offering—E. Lynn Cross- Ochiltree County (P. 161 fixtures Aug. 1 from on inclusive. 1969 of 128 Nondurable Rubber composed group 145 159 date Principal and interest (F-A) payable at a Texas Bank, a New York City bank, and a Chicago bank, all to be named were — 113 154 155 172 products products 316 V 1961 mill a 207 p. 170 and and 190, v. 139 Miscellaneous Textile $1,000,000 bonds offered products-. miscellaneous-.—149 and and Textiles The — Phelps, Fenn & Co., Paine, Web¬ ber, Jackson & Curtis, and R. W. Pressprich & Co., at a price of Clay, glass, and lumber Stone, clay, and glass Lumber Sale Bond payment after Feb. inclusive. Knoxville, Tenn. 149 173 125 141 transportation equip.— :———193 Furniture 131 151 178 147 169 Instruments Furniture ley, on Due 216 139 326 parts—— and success¬ announces a.m. 1994 inclusive. Callable to bidder. 213 .__ —.—______ equipment—— trucks, company the by 106 157 150 ———; Nonelectrical 156 to Dallas, Bond pay¬ June May 176 products—— Machinery Transportation Feb. on TENNESSEE ___________— 1962 inclusive. trust or designated Manufactures: metals Other •June Juno 152 183 \ 1970 Carter D. 10 (CST) on Aug. 12 for the purchase of $10,000,000 water development bonds. Dated Aug. 1, 1959. Due on Aug. 1, 1959. Due on Aug. 1 from 1962 Legality approved by 7:30 p.m. (CST) on July 28 for Owen, Scott, Barber & the purchase of $200,000 schoolMarquart, of Minneapolis. house bonds. Dated Aug. 1, 1959. 1958 -1959 1958 to bids until Dorsey, —Unadjusted- Seasonally Adjusted at be to average=10Q> (1947-49 1961 bonds. Principal and interest (F-AJ available. INDUSTRIAL ■ 126,000 33/4s. Due sealed Aug. 1, 1960 on 1961. 1964 (CST) on Aug. 3 of $20,000 gen¬ Joe that the Board will receive sealed Bond and * sealed retary sewer $24,000 3V4S. Due Schuett, will receive for April May 1 J. Water Development Board (P. O. Austin), Tex. Bond Offering—Executive Sec¬ as follows: 1960 Offering—L. City Auditor, 1958 April were Municipal Securi¬ 31,000 41/4S. Due 80 90 — — contract 1970 to Tyndall, S. Dak. 126 —— :——.— 1961 1959. 88.9 144.9 ' "89 to the bonds Corporation, of Texas, jointly, Bank of Leola. __—-—_______—_— other treat¬ 1, Principal and interest payable at the Leola State 106.9 value 1956-57 average=100 :__ Shan¬ Oct. from 108.5 May Total 1 101.1 Without Seasonal Adjustment Construction contracts, Jan. on 95.1 tl45 t value— improvement $150,000 was inclusive. 92.8 87 sales, 115.3 118.8 100.9 — store 120.1 inclusive. 1960 to 1969 inclusive. bonds sewage Dated 107.3 93.7 (______ Department Autos, of time to the Fed¬ obligation bonds. 101.S —— Payrolls ____! Freight carloadings Metal issue Texas ties Co., and Colombian Securities Auditor, 108.4 — Durable 239 115.0 119.2 319.7 total______ workers)— emp., Manufacturing Primary An — will receive (CST) on Aug. 3 for the purchase of $25,000 108 *263 Durable as sealed bids until 8 p.m. 100 121 156 '? consumer Utility All County 4s and 4V4S Offering—Lowell City non, 109 output, total t265 Electricity ______t265 Autos Other on ' Minerals1 Feb. 1 from on 1984 to Co., and McClung & Knicker¬ interest J-D. Legality approved by 128 Consumer $8,000 sold Leola, S. Dak. 138 146 of Housing and Home Finance Agency, as 4%s, at a price of par June 153 159 production, 1977 County, County Precinct No. (P. O. Robert Lee), Texas 1 eral 1958 Feb. 1, on 1978. 1979. was revenue same Feb. 1 from on 108,000 4%s. Due from Lyman Sale sewer sold at the 1959- Si¬ price of par. $49,000 -Unadjusted- 155 •June Industrial a as $5,000,000 water and sewer reve¬ nue bonds. Due semi-annually bonds revenue Additional Seasonally Adjusted ap¬ & DAKOTA Bank, of Kennebec, BUSINESS be Kennebec, S. Dak. sewer 4.35%, inclusive. 30,000 41/4s. Due any to successful Sinkler, Gibbs SOUTH (EDST) on Simons, Inc., at a net interest cost for the purchase of $1,-I of 4.31%. noon about 1976 Principal of Charleston. mons, bonds was Frost, Reed & revenue Dated company and the proved sewer¬ to awarded Hol- Sept. 1 from on by 208— Funk, p. Bond Sale—An issue of (M-S) payable at upon of cost $112,000 4%s. Due road bonds. inclusive. trust or agreed waterworks and svstem Deputy 1980 and interest Bond Sale—An issue of combined interest Coke Neville — revenue 190, follows: Aug. 1 from on combe, Mayor, will receive sealed bids until noon (EST) on Aug. 6 for the purchase of $800,000 park¬ ing facilities refunding and im¬ provement 20—v. awarded to Creston H. Hobbs & Co., and Rowles, Winston & Co., at a price of 100.017, a net 1979 Spartanburg, S. C. Offering $250,000 street bonds of¬ Aug. 1 from on 1977 to 1982 inclusive. bank Newport, R. I. Due 1972 to 1976 inclusive. • 3.99%. Lake July 59 bocker. improvement and Aug. 1 from on 186,000 3.80s. Due July cost from 1 1968 to 1971 inclusive. gen¬ Robinson-Humphrey at Aug. on Due 134,000 3%s. 190, p. 315—were awarded the to Due 90,000 3.60s. O. $350,000 were 1962 to 1967 inclusive. Bond eral obligation bonds offered com¬ group & Texas Pass, Sale—The 1962 5s. SOUTH CAROLINA County (P. Chesterfield), S. C. Bond drainage fered follows: as $90,000 of Chesterfield a of¬ TEXAS , Aransas 207— p. Atlanta; J. Lee Peeler & Co., Inc.; Huger, Barnwell & Co., and Howard C. Traywick & Co., Inc., Aug. Bank 190, to gen¬ bonds in from 1 16—v. awarded . about Authority. RHODE Aug. inclusive. May $36,674,618 against in the corresponding period a year ago. Government The Bank ended improvement on 1969 July $500,000 school posed of Robinson-Humphrey Co,, Inc.; Trust Company of Georgia, Providence, Providence, or at the Bankers Trust Company, New York City. Legality approved by V Storey, Thorndike, Palmer & Dodge, of Boston. : "v; :\/:a of the Author¬ revenues Due to National Increases revenues were from 1 1, 1959. Principal and interest (F-A) payable at the Trust Department Office of the principal paying agent, Industrial Authority (P. O. San Juan), Puerto Aug. on Sale—The obligation fered 1969 inclusive. bonds. Dated eral improvement general 1960 Bond Aug. on 1995 inclusive. to Due to 100,000 agent for the Puerto Rico Aqueauct and Sewer Authority. Puerto 1969 general against Rico Puerto from 1 year. $8,141,137 in the previous Orangeburg County School District No. 5 (P. O. Orangeburg), S. C. , $700,000 water bonds. Due ended May 31, 1959 total revenues amounted obligation bonds, general follows: ! as (411) Dallas Mosle Spokane County East Valley Sch. (P. O. Spokane), Washington District No. 361 Bond QQQ Sale—An general issue of obligation $910,- school The Commercial and Financial Chronicle 60 . . Monday, July 27, 1959 . (412) bonds awarded was to group a composed of the Seattle-First tional Na¬ Seattle; Blyth & of Bank, Co., Inc.; Foster & Marshall; Dean Witter & Co., and Pacific North¬ west net Co., at a price of 100.02, a interest cost of about 4.22%, follows; as $218,000 4V;>s. Due on Aug. 1 from incl. 1967 to 1961 1 from Due on Aug. 192,000 4s. incl. 1972 1968 to from 500,000 4V4s. Due on Aug. 1 1973 to 1982 incl. THE U.S. TREASURY SALUTES 1959.^ Due on Aug. 1 from 1961 to 1982 inclusive. Principal and interest (F-A) pay¬ Dated 1, August THE PEOPLE IN THE STEEL INDUSTRY Treasurer's of¬ by able at the County Legality approved Burchan & Blair, of Spokane. fice. No. 307 Washington — Don County until 2:30 p.m. (PST) bids the purchase of obligation school for 31 July general $89,000 receive will Treasurer, sealed Boone, Offering Bond on Rainier School (P. O. Olympia), County, Thurston District bonds. VIRGINIA WEST Berkeley County Public Service District (P. O. Martinsburg), West Virginia Bond Sale—An issue of $800,000 , bonds was sold on water revenue July 15 Federal Housing the to Finance Home and Agency, as 4%s, at a price of par. £.ogan County Board of Education (P. O. Logan), W. Va. Bond Offering—Paul C. Winter, Secretary of the Board of Educa¬ tion, til 11 will receive sealed bids un¬ a.m. (EST) on Aug. 4 for purchase of $2,600,000 school bonds. Dated Aug. 1, 1959. Due on Aug. 1 from 1960 to 1969 inclusive. Principal and in¬ the building (F-A) payable at the State terest Treasurer's office, or at the option the First Nation¬ of the holder, at City Bank, of New York City. al Legality approved by Caldwell, Marshall, Trimble & Mitchell, of IMew York City. County Board of Education Wood 20 189, v. — 3V2S, at 2944 p. — were Men and Moore & Co., awarded to Young, as price of par. a can WISCONSIN $1,000,000 bonds revenue of¬ p. 315— syndicate headed by The First Boston Corp., and Baxter & Co., jointly, at a net interest-cost of about 3.68%. fered awarded to Sale—The Bond 190, $145,000 storm July 21 315—were awarded to & Co., Inc., at a p. Baird Robert W. price of 100.06, a net interest cost of about 3.70%, as follows; Due $50,000 3V2S. 1960 to to Due 1979 Stevens Bond Aug. 1 from 1969 incl. 95,000 3%s. 1970 on on Aug. 1 from incl. $175,000 earn their living in the steel industry raw material supplies, to nearly industry in the United States. They proud of the help thousands are upon every can also thousands of them giving to America's Peace Power through the chase of U.S. pur¬ Savings Bonds. Through regular purchase of Shares in America, these people after retirement, and worthwhile are reinforcing their establishing current family projects as new own security reserves for such homes, education and travel. • If your company has thus far, you can start State to Point, Wis. Sale—The who pride in knowing that their crafts and skills thrift-conscious Wis. offered bonds sewer be a Milwaukee, South •—v. 190, 22—v. July were women take great other great Sale—The Bond waterworks buy Savings Bonds and strengthen America's Peace Power contribute, through Wis. Madison, —who bonds offered construction .school $2,200,000 Sale —The Bond July W. Va. O. Parkersburg), (P. not put in a Payroll Savings Plan immediately. Just telephone your Savings Bonds Director and accept the help he wants give you. J. K. Thomson is shown here mills Or write to Savings Bonds Division, U.S., Treasury Department, Washington, D.C. of this country. Thomson is making regular use i . at his work in one of the great steel Like thousands of his fellow craftsmen, Mr. of his to contribute to the Peace Power company Payroll Savings Plan of his country. cor¬ porate purpose bonds offered July 20 — v. 190, p. 100 — were awarded to Robert W. Baird & Co., Inc., at a net interest cost of about 3.22%. THE COMMERCIAL AND FINANCIAL CHRONICLE CANADA BRITISH COLUMBIA THE -New — - Westminster, Debenture Queensborough enue v. B. Sale—The Toll C. $3,500,000 Bridge rev¬ debentures offered July 15— 190, p. 208—were awarded to a group Co., composed of A. E. Ames & Ltd., Dominion Securities c: Corp., Ltd., Wood, Gundy & Co., Ltd., Canadian Bank of Commerce, and as the 5V2S, Royal at a Bank price of of basis of about 5.87%. Canada, 96.37, a U.S. GOVERNMENT 00ES NOT PAY FOR THIS ADVERTISEMENT. THE TREASURY DEPARTMENT THANKS, TOR THEIR PATRIOTISM, THE ADVERTISING COUNCIL AND THE DONOR ABOVE.