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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%

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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%

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73

68 V\

66%

68

68'%

83

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64%

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3

310

59'%

__

—

83

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I T

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68

64

64

95

95%

11

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10

92%

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8

77

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831/4

89%

89%

2

88

98%

89%

89%

5

891%

92%

78%

2

78%

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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—
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3s

debentures

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B

series

debentures

3Vis

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3%s

debentures

series

D

debs

series

G

5s debs series I

4%s

debs

47/bS

debs

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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

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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

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and

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and

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and

refund

mtge

1st

&

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&

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M

1st

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ref

M

3%s

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ref

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4

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series
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ser

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conv

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ref

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debentures

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3s

debentures

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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%

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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.