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1

ISSUE

MONDAY

u

Y

i

«

OF MICHIGAN

JU#6-

Tk e

1954

ADMINISTftATIOM
LIBRARY

Financial Chronicle
Reg. U. 8. P»t. Office

-

PUBLIC UTILITY

INDUSTRIAL

-

-

INSURANCE

With

Plant—

In This Issne

filed a regisration statement with the SEC on
covering $500,000 of participations in its stock bonus
plan for employees of the company and its subsidiaries, together with
28,000 shares of common stock of the company which may be pur¬
chased pusuant to the plan.—V. 178, p. 1765.

Stock and Bond Quotations

1953

$405,718

$550,583

$492,896

61,170

224,957

162,896

19,344

94,920

67,839

2,077,986

2,682,493

2,353,503

386,741

U,026,551
434,592

692,527

railway

from

Net

ry.

railway

from

Net

income

oper.

New York

$483,874
159,450
65,285

From Jan. 1—

railway

from

Net

railway

from

Gross

"

Net

134,103

income
2469.

oper.

ry.

—V.

179,

p.

Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange
San Francisco Stock Exchange
Montreal Stock Exchange
Canadian Stock Exchange

N. V. (American Rayon
Higher—

Manufacturing Corp.)—Earnings

share,

months

of

1954

taxable income from

$3,600,000 gain from the sale
in their German subsidiary,

value Hfl 1,000 each.
van Schaik,
the former

par

T.S.G.J.M.

President, and J. M. van den

Executive Vice-President, reached normal retirement age.
A.
J.
Engel has been elected
President of the Management.
Mr.
van Schaik
was nominated
as a member of the Supervisory Council
and
was
subsequently elected by
the Council as its Chairman in

Bosch,

the

an

place of Dr. F. H. Fentener van Vlissingen
of the Council.—V. 179, p. 1829.

|

j

•

J.

*

.

Allied Chemical & Dye
The

\

will give the company
tons, largest in the indus¬
dehydrated alfalfa annually.
will be equivalent to six to
eight normal blending plants. The product will be shipped in bulk or
bagged to feed manufacturers located in midwestern and eastern states..

ating divisions with

of

products
Rector

oper¬

This will involve the
National Aniline, Nitgrogen,
will be at 40

Canada and Latin America.

Barrett,

General Chemical,

\

7

Exchange

Foreign

Solvay Process Divisions.
Offices
St., New York 6, N. Y.—-V. 179, p. 2469.
and

Combined ConditMjji

It will process 50,000 to 60,000 tons of
Production capacity of the Topeka plant

Cyanamid Co.—Preferred Stock Subscrip¬
tions—Of the 580,235 shares of 33/4% cumulative con¬
vertible preferred stock, series C, offered to common
stockholders of record June 1 at $100 per share flat,

'

The

The

2589.

of

revenues

Co.—Net Earnings Off—

increased

4.6c

over

earnings gained

2.6%

this

company

the

previous

12 months ended May 31
comparable 12-month period.
Net
for the

Reserve

Federal

recent 12 months were

Arkell & Smiths,

;-_48

The

Month of March, 1954__ 3

Co.—Secondary Offering—A

sec¬

of common stock (par
$2) was made on June 15 by BIyth & Co., Inc., at $28.25
per share, with a dealer's discount of 50 cents per share.
It was quickly completed.—V. 179, p. 2145.

CAPITALIZATION

ture Issue
The
more,

—V.

straight
p.

Telegraph Co.—Huge Deben¬

May Be Publicly Offered—

company,

179,

&

it is rumored, may offer
debentures to underwriters

or possibly
competitive basis.

$300,000,000,
on

a

2590.

was

GIVING EFFECT TO PRESENT

(par value $.05 per

stock

share)

Warrants

FINANCING

* 100,000

these are to be issued to the ""underwriters or their
designees and
the remaining 30,000 to the company's officers and
employees in the discretion of the management.
Each warrant will
cost
one
cent and will entitle the holder thereof to purchase one
share of the dommon stock of the company at $1
per share. The
of

*70,000

will

warrants

exercisable

be

not

until

a

date

months following

13

of the present public offering of the company's shares,
and will be exercisable thereafter until the expiration date, five years
from the exercise date,
after which time they become null and void.
conclusion

the

underwriters named below

UNDERWRITERS—The

underwriting agreement with

firm

portaion has agreed to

have entered into

the corporation wherein

sell and the underwriters

the cor-

have severally agreed
the corrwnon
forth below;

purchase or find purchasers for the 297,500 shares of
stock of the corporation in the respective amounts set

to

Brothers

Vermilye
—V.

below.—V.

179,

p.

45% of Common Shares

Incorporated.
2361.

by Textron

179,

Boucher

B,

&

59,500
59,500

-—_——

Co

—

Anheuser-Busch, Inc.—Secondary
ary

Offering—A second¬

discount of 45 cents per share.
quickly completed.—V. 179, p. 2245.

was

aid

J.

shares
per

a

B.
of

share.
to

repay

Gross

i.ct

from the sale of the
to purchase new drilling

proceeds

existing loans,




issue will be
equipment, to

became a wholly owned subsidiary _ of Armco
time, its annual ingot capacity has' increased
1,700,000 tons, an increase of over 700%.
It

Corp.

tons

200,000

from

that

Since

1930.

to

steel producing plants at Kansas City, Mo.; Houston, Tex.;
Springs, Okla.
It recently acquired Southwest Steel Prod¬
Tex., maniufacturer of bar joists, concrete forms, and
fabricated
steel
products.
Immediately after the purchase,

Sand

ucts at Houston,
other

Products

Steel

Southwest

New

plants

Sheffield

The

in

plant

fabricating

about

Net

ry.

railway

from

Net

From

Gross

oper.

19S1

Net

ry.

railway

railway

oper.

179,

income

p.

1 qc:-»

$711,241
-114,911
42,185

$824,529
196 932
92,632

$774,643
200,310
90,894

$774,932
204,527
65,802

3,514,901
567,017
207,426

3,796,537

3,716,127
846,343
374,319

3,832.391
1,081,268

1—

Jan.

from

from

—V,

railway

income—

2805.

would

it

announced that
Orleans, La.

represent

build another

of Armco's total

35%

ingot

Armco has plants at
Ohio; Ashland, Ky.;
It manufactures and distributes

capacity.' In addition to the Sheffield plants,
M'iddletown, Zanesville, Piqua,
and Hamilton,

and

Pa.;

Eutler,

Baltimore,

Md.

throughout
subsidiary,
subsidiary,
company's business in

and construction products in plants scattered
States and Souther Canada through another
Drainage & Metal
Products, Inc.
Still another

drainage

United

the

Armco

The

International

Armco

The Armco steel
and
on

Corp.,

the

handles

countries.

foreign

many

producing plants produce

chiefly flat rolled products

the Sheffield steel producing plants specialize
structurals, bolts and nuts, wire products, and certain
products used extensively in the Sheffield trade territory.
steels;

stainless

plates,

bars,

179, p. 1930.

operat.

rev
expenses

39.862.738
32,003,042

oper.

7,859,696

income-.;
2469.

2,907,178

Railway
Railway
Net
Net

oper.

fr.

rev.

ry.

oper.

ry.

179,

—V.

p.

973,488

1,316

416,492

May—
Gross

from

Net

from

Net

ry.

railway

from

Net

from

Net

ry.

—V.

income—

oper.

From Jan.

Gross

railway

5

$

$

Atlanta & St. Andrews

19"i4
from

Net

PROCEEDS—The
used

It

RR.—Earnings—

Mav

he?di d

Steel

Sheffield
in

a

Corp.,

Steel

"Sheffield

as

Sheffield Subsidiary—

wholly owned subsidiary, was consolidated
effective June 30, 1954. It will be known
Division."

Corp.,

Steel

1

offering of 3,000 shares of common stock (par $4)
made on June 16 by Blyth & Co., Inc., at $32 per

Ann Arbor

Fuller & Co.
banking group including Vermilye Brothers
Boucher which on June 30 offered 297,500
common stock
(five cents par value) at $1

Steel

Atchison, Topeka & Santa Fe Ry.—Earnings—
1954—Month—1953
1954—5 Mos.—1953

2701.

p.

See latter company

Amuranium Corp.—Stock Offered—S. D.

Steel Corp.—Merges

Armco

Period End. May 31—

was

American Woolen Co.—About

Armco

178,500

Co

&

Bag.—V. 179, p. 201.

Sheffield

—V.

Fuller

D.

include

research laboratory
operated by Union

be

specialty

Shares
S.

share, with a dealer's
Owned

purchase does not
to

with

and

1,118,000 shs.

1,600,000 shs.
*100,000

bag-making experience.
Mobile, Ala. and
Canajoharie, N. Y.
the Honeycomb operation, the product
or the machine shop which will con¬
plants at
plants at

operates

Outstanding

Authorized
Com.

J.

Telephone

American

general corporate

incorporated in Delaware on Jan. 4,
1954,
to engage in exploration and mining
of uranium in Utah.
It
holds
claims
and leases on approximately 2,200
acres in the
Moab-Lisbon Valley area of the Colorado Plateau,
one of the most
active
uranium
prospecting areas in the United States, i

a

American-Marietta

company

The

manufacturer of paper

is said to be the oldest
States, with 95 years of

operates
mu'.tiwall bag
Wellsburg, W. Va., and has two specialty

48

purposes.

with

ondary offering of 2,500 shares

United

the

in

bags

Smiths

and

Arkell

Member Banks of

and prospectitng and for

further exploration

Canajoharie, N. Y.—Acquisition—

comDany and Union Bag & Paper Corp. have signed an agree¬
under" which Arkell and Smiths has purchased th^ Hudson Falls,
N.
Y„
bag plant formerly operated by Union Bag & Paper Corp.,
and Union Bag continues to act as a selling agent for that plant, it
was
announced by the principals of the two companies.
The agree¬
ment became effective July
1, 1954.

This

ment

development

finance

par common stock for $4,000,000.
The funds are
Power to finance, in part its business as a
particularly construction expenditures.—V. 179, p. 1829.

Arkansas

by

used

be

$12.50

its

of

utility company,

tinue

$224,153,000,

$214,282,000 for the previous comparable period.
Revenues for the first five months of 1954 were $35,080,000, against
$93,448,000 last year, an increase of 1.8%.
May revenues this year
were
$18,371,000, against $18,455,000 last year.
Net earnings for the 12 months ended May 31 were $30,331,000, com¬
pared with $29,560,000 last year. Five-month earnings this year were
$13,244,000, compared with $13,863,000. May earnings were $2,566,000,
against $2,649,000 last year.
Earnings per share of common stock, based on the average number
of shares outstanding during the respective periods, were $2.37 for
the 12 months ended May 31, compared with $2.50 the same period
last year.
Average number of shares, however, increased during the
period from 11,838,375 to 12,779,322.—V. 179, p. 2805.

parent,

its

to

an order authorizing this company to issue and
Middle South Utilities, Inc., an additional 320,000

has issued

SEC

The

shares

System

Capital Flotations fcr

during the same time.

Operating revenues for the most

compared

proceeds to pay
expansion.

more

to Parent—

Sell- Stock

To

48

BUSINESS—The company

American Gas & Electric
Gross

said it would use $4,900,000 of the
construction loans
and the rest for

company

short-term

568,244 shares were

p.

to

competitive

Co.—Plans Financing—
the Arkansas P. S. Commission for
first mortgage bonds due 1984 at

applied to
$7,500,000

hab
sell a
bidding.

company

authority

I

'

•

& Light

Power

Arkansas

sell

Rates._.
Statement of Federal

Condition Statement of

American

subscribed for, and the remaining
11,901 shares were placed by the underwriters, headed
by White, Weld & Co. at $104.75 per share. See V. 179,

179, p. 2361.

—V.

;

Banks'

Reserve
„

capacity of more than 42,000

total storage

try.

General-Corporation & Investment News-Cover
State and City Bond Offerings
54
The Course of Bank Clearings--.
47
Redemption Calls and Sinking Fund Notices__48
Dividends Declared and Payable
14

ex**/

compaity"

Semet-Solvay,

16,000 tons which

Topeka plant will store

The

a

Miscellaneous Features

Unit—

port subsidiary, Allied Chemical International Corp. The new
will consolidate all the export activities of the parent company's

commercial feeds.

early in September, this will be the second plant
operated by this company. A plant with 20,000 tons storage
capacity has been operated at Schuyler, Neb., since last August where
it perfected its inert gas storage process.
An additional 6,000-ton stor¬
age capacity has since been added at that location.
completed

When

of its type

to

the formation of a new

ingredient,

inert gas will
much superior

•

who, however, remains

Corp.—Forms Export

corporation announced on June 29

loss of the valuable

50%

a

method of storing under
level resulting in a

new

at a 90-95%

alfalfa and vastly improved

dehydrated

member

a

The

carotene

the

maintain

in

resulted

however,

Daniels, said.

Mr.

.

.

be

He

A.

storage,

39
40
-41
Toronto Stock Exchange
-42
Toronto Stock Exchange—Curb Section
45
Over-the-Counter Markets
46
Transactions New York Stock Exchange-_..-_35
Transactions American Stock Exchange
35
Dow-Jones Stock and Bond Averages.
35
National Quotation Industrial Stock Averages 35
SEC Index of Stock Prices
35

all sources,
of approximately Vsth of
plus certain gains from
other marketable securities,
was $4,500,000 higher than in the cor¬
responding period of the previous year.
During the same period
corporation taxes were $1,200,000 higher than in the previous year.
As a result of repurchases of ordinary shares and initial conversions
of the
4V2%
debentures due 1972 into ordinary shares, there are
now
outstanding
ordinary shares equivalent to 2,071,330 American
shares as against an equivalent of 1,984,910 American shares at the
end of 1953.
An American share is the equivalent of 1/20 ordinary
a

holdings

the

five

first

the

For

Including

Exchange

Stock

Angeles

Los

Midwest Stock Exchange

Kunstzijde TJnie

Algemene

2,312,916
742,899
337,461

303,548

15
27
31
36
36
36
36
38
39
39

Stock Exchange (Stocks)
New York Stock Exchange (Bonds)
American Stock Exchange
Boston Stock Exchange
Cincinnati Stock Exchange—
Detroit Stock Exchange

1951

1952

May—
Gross

RR.—Earnings—

1954

President, dehydrated alfalfa will

filled with inert gas to preserve
the carotene or
pointed out that one reason why dehydrated alfalfa is
in such high-demand for livestock and poultry feeds is because of its
high carotene content.
One of the industry's problems, however, Mr.
Daniels added, has been to preserve the carotene inasmuch as it has
a
tendency
to diminish
in storage.
In the past, Archer-DanielsMidland's W. J. Small Division, largest producer of dehydrated alfalfa,
has used
cold storage plants to preserve
carotene. This method of
tanks

in

fritamin

Page

Akron, Canton & Youngstown

type of dehydrated

new

According to Thomas L. Daniels,
stored

1954,

24,

June 23 for a revo¬
alfalfa processing and storage plant.

Menoken (near Topeka) on

Ground was broken at

lutionary

corporation

This

June

Copy

a

MISCELLANEOUS

-

Archer-Daniels-Midland Co.—New

Abbott Laboratories, No. Chicago, Hi.—Registers
Securities and Exchange Commission—

$1

and Investment News

General Corporation
RAILROAD

Price

1954

N. Y., Monday, July 5;

New York 7,

Number 5339

Volume 180

49,770.610 212,170,145
36,905,046 160,646,293

254,689,278
175,014,535

51,523,852
22,335,845

79,674,743
33,441,742

12,865,564
5,440,825

Bay Ry.

1954
$334,406

Earnings—-

1953;

railway

railway

income

179, p. 2469.

1952

1951

$304,598

$271,827

$317,004

183,381

127,157

17Q.483

79,615

52,688

38,780

48,979

1,566,074
865.028
308,658

1,629.464

1,516.974

1,495,378

913,781

785,919

808,704

260,232

244,877

237,291

181,260

1—

oper.

$

2

(50)

The Commercial and Financial
Chronicle

West Point

Atlanta &

The

RR.—Earnings—

new

from

Gross

1953

1952

1951

ry.

$361,140

28,756

43,142

50,217

67.049

*4,231

10,852

6,772

13,629

railway—_

1,608,525

1,887,627

1,945,823

1,906,920

207.044
27,624

309,697

423,912

334,190

98.135

126,150

rounding

$395,713

railway—_

railway

income—

oper.

•

solution

from

Net

from

Net

ry.

works

to

be

cleaned.

•Deficit.—V.

First

deliveries

179,

Boston

2469.

p.

of

the

announced.

&

Danville

&

End. May

Ry.—Earnings—
1954—Month—1S53

31—

Railway

oper.

revenue.

$122,864

Railway

oper.

expenses

106,258

Net

from

rev.

railway

•Deficit.—V.

$164,145

$742,324
560,302

Taxes

$864,213

126,685

625,935

op.

$16,606

$37,460

$182,022

179,

*16,578

209

2,392

61,877

179,

Chemicals

New

York

has

been

appointed

agent

This

offering is a
Investing Corp.,
the

ry.

secondary

distribution

of

owner

48.15%

by

of

Allied

the

at

serial

mortgage 5'A'//
serial

to

($1

($1

payment

shall

30

is

after

entitled

the

of

corporation

Illinois

since

corporation

Jan.

The

the

25,

name

addition,

parts
application.
the

pinking
1954;
the

F.

shears,

stock

of

of

$1

been

Ave.,

13,

is

The

sells

marketed
in

in

1954,

for

of

after

this

all

Tapping

automatic

179,

half

shares
for

Machine

and

then

the

1954

for

similar

half

of

179,

&

which

Earnings-

the

six

after

year,

30

cents

Ohio

period

last

with
based

year

on

operating

results

affected

were

9,798,974

28,512,816

39,874,684

3,306,919

4,670,767

13,799,924

19,336,560

May 31, at

40,804,473

155,502,378 189,078,339
126,989,562 149,203,655

cost of

a

Co.—Retiring Preferred

June

on

Gross

24

of

reported

its

to

preferred

the

SEC

stock

that

it

between

and
and

6

$755,103.

oper.

rev.

fr.

$934,042

$7,443,890

791,523

$7,040,643

750,375

4,819,347

4,780,632

$403,655

oper. income—
179, p. 2470.

$183,667
136,463

235,522

$2,624,543

$2,260,011

1,415,549

1,173,984

Bassons Industries,
Inc., New York- -Files With SEC-

_,Tbe corporation

on June 18 filed a letter of notification with
the
140,000 shares of common stock
(par 50 cents) to be
offered at $2 per share
through Jr.y W. Kaufmann &
Brothers
Co., and Vickers
hnt.h
Brothers, both of Mam Vnrir rnrru.
of
New
J
York
The
City,
proceeds
will
be
used
for
working capital, etc.—V.
179, p. 2.

SEC

Net

covering

_.lt,

«.

_

,

_

ry.

—V.

A

new

Aviation

and

but

corporation's
announced

using

critical

bearings is

dirt

now

that

out

amounted

periods

to

$3,877,298

last

Net

year.

charges amounted to $2,075,220

30,

gain

a

in

had

net

income

stock

common

1953

equity

risen

now

to

of
per

$14.14,

of

the

the

state

present

about the

at

year

of

business

indi¬

level

same

and

going

Pioneer-Central

on

July

precision

into

industrial

products
production at

commercial

Division

at

1.

Davenport,

la.,

it

like
this
was

STat*

at

Canada

S51 Oo

On

to

in

Puerto

Puerto

150,000

begin

tax

in

Rica

9

Npw
nPr
per

account

Pro¬

exemption under the

Rico.—V.

179,

2702,

p.

.*

the

that

its plans to distribute to
Continental Oil Co. on the

Israel
shares

of

Central Explorers.
These
stock interest that Central
Explorers
Oil
Co.

Continental

this

> ■■

of
10

regard

will

have

be

been

announced

by

completed—V.

the

179,

company

2702.
'V •" %

p.

i.

Ry.—Earnings—
1954

1953

1952

1951

railway™

$3,228,960

$3,724,728

$3-,761,650

$3,826,692

515,785

815,455

648,986

402,599

284,993 %

418,866

359,833

122,471

12,743,618
4,167 319.. 3,295,815
1,315,413
1,308,783

18,799,505

income—..

oper.

Jan.

1—

1

179,

19,007,132

1,620,046

2,479,774
641,916

2470.

p.

v

179,

2702.

p.

Central Maine Power Co.—Stock

to

Its

or

$10)

common

•%;

.

Central
Stock

Vermont

Sold

June

25

record

before July 21 for 121,440 addi.ional
on
the basis of one new share for

V.

Co., New York,
179, p. 2805.

has

been

appointed

reported

be

to

financing

it

i

ranged

the
and

1952

$235,000

$182,000

*29,348

*61,459

Net

ry.

♦118,827

*102,283

1,205,000

1,207,000

*376,219

*182,193

*254,039

1954

*587,519

*421,704

National

New

ry.

—V.

1954

Month—1953

$806,308

149,537

144,784

income—.

1951

78,333

80,037

70,261

64,905

2,911,960

3,060,634

2,923,561

2,723,120

701,483

813,251

683,280

665,557

353,440

425,608

342,044

305,035

income

oper.

&

Ohio

Ry.—May Earnings—

1954—Month—1953

1954—5 Mos—1953

$r

Gross

income

$

$

26,916,000

30,922,000

122,267,000

140,787,000

3,306,000

4,676,000

12,193,000

17,334,000

$0.41

income

$0.59

$1.52

$2.18

—

per

share

com.

—V. 179. p. 2470.

;

Chicago, Burlington & Quincy
RR.—Earnings—
MayGross

1954

from

from
ry.

1953

1952

1951

railway—__ $19,133,912 $21,329,425 $19,793,398
$21,418,829

railway—

3,786,911

Jan.

4,822,384

3,690,394

5,300,231

1,670,142

income—

oper.

From

Gross

1,855,546

1,209,925-

1,848,434

1—

from

ry

railway— 102,003,336 110,593,489 101,719,955 107,270,980
railway
27,452,371
32.232 567
26,080,430

from

Net

—V.

1954—5 Mos.

1952

$621,729

171,010

.

179, p. 2470.

1,178.000

Rys.—May Earnings Off—

1953

$637,965

154,157

railway—
from rai.way_.____

Net

*93,999

*567,476

7,500

2,500

2806.

p.

$613,479

railway

from

Net

*776,982

Life

bought

179,

railway

oper.

Net

901,000

V.

York

From Jan. 1—

*40,223

♦108.457

of

other

A'

U1?der tbe Act

Countries, $55;00

the-fluctuations




in

the

of

per

rate

Operating

revenues

expenses—

32,232,336

income

oper.

179,

12,123,003

12,943,062

9,703,623

13,437,462

2703.

p.

1953

52,587,000

60,219,000
56,014,000

258,475,000

revenue

278,478,000

986,000

4,205,000

*817,000

6,739,000

new

Newfoundland

passenger

have

been

equipment
placed by

valued

the

at

$492,000

Canadian

for

service

Net

from

Net

ry.

scheduled
The

to

start

Station

of

1,000

at

meetings

rooms

expected to
by Dec. 1.
hotel

site.
with

and

Canadian

The

will

at

shortly

built

20-story

convention

2,500

begin

be

structure

space

capable

banquets.—V.

and

the

on

179,

erection

Canadian

will

of
p.

in

the

Roselea

Field

new

ethers

pipe

on

in

has

June

well,
the

of

steel

National's

contain

seating

Mr.

Prospect
Griffith

second

a

well

Garlick,

is

President,

V.

southwestern

179,

p.

southcentral

Manitoba

1718.

of

The

sidiary

ry.

The

new

will

Rico,

small

railway

feet

20
to

from

Net

ry.

—V.

800,000

along with plans to establish
according to General Clinton

subsidiary to be known
manufacture

wheels

and

bonded

electrical

as

The

abrasive

Carborundum

products

components

such

a

F.

Net

from

Net

833,843

341,299

387,567

317,468

282,916

13,404,721

10.252,927

14.406,169

14,350,934

4,236,035

3.055.660

4,419,284

4,309,309

1,690,071

1,387,694

1,531,374

1,367,265

income

ry.

from

—V.

of

as

printed

Puerto

$825,416

225,508

255,667

1951

91,330

64,350

93,990

122,929

2,938,000

3,590,676

3,021,634

3,979,947

469,689

911,899

500.635

1,255,932

104,335

railway
railway

313,842

96,637

577,870

income

oper.

179, p. 2470.

Chief Consolidated Mining
Co., Salt Lake City, Utah
—Registers With Securities and Exchange Commission—
This

24,

offer

of

per

stock

unit

stock

50c

the basis

by

of

proposed

during

at

unit

the

SEC

preferred
company

common

one

shore

one

evidence

50c

that

the

of

additional

one

development

until

$150,000

next

the

Sept.
of

several

program.

of

share

for

each

June

on

stock

and

right
30,

the
years

The

(Continued

to

two

at

an

March

3,

1879,

Subscriptions

exchange, remittance

.

in

*

for

foreign

United

option

v

626,204

be made

in New York

funds.

for

shares

1959.

to

of

further
will

174,

page

be
p.

the

financing

expedite
used

for

the

will
com¬

working

451.

9)

.

and advertisements must

_

preferred

Park Place, New York 7, N. Y„ REctor 2-9570. Herbert D. Seibert, Editor and
Publisher;
a
statistical issue on Monday]. Other offices; 135 S. La Salle
Street, Chicago 3, Illinois
Copy right 1954 by William B. Dana Company. Reentered as second class matter
February 25, 1942, at the
States,
U. S. Possessions, Territories and Members of Pan-American
Union, $43.00 per year; in Dominion of

subscriptions

the

shares of

The

purchase

proceeds

balance

on

and

preferred.

to

proposes

stockholders,

preferred
of

general corporate purposes.—V.

circuits,

with

par

The

1

consist

stock

is

copital and

subscription

on

options

used

mounted

of

options.

held.

of

purchase

preferred
It

statement

shares

purchase

for

unit,

will

purchase

registration

a

1,252,408
stock

securities

55c

common

be

covering

preferred

the

price

filed

company

1954,

626,204

sub¬

Robinson,

$518,686

199,934

income

oper.

from

ry.

new

1952

$739,545

211,065

railway

Net

acres.—

Earnings

1953

$658,966

railway

From Jan. 1—

pany's
Co.

such
as

$2,950,826

903.630

1954

from

Net

the

1951

$2,825,984

1,073,403

179, p. 2470.

than

and

east

1952

$2,888,393

878,230

railway
railway

oper.

surface

higher

below

the

nearly

1953

$2,700,838

from

Net

of

company
is well
in Puerto Rico,

1,372,576

railway
oper. income

Each

President.

3,311,538

1,700,447

From Jan. 1—

Gross

acreage

and

3,553.488

1,788,408

1954

from

Net

an¬

company
has surveyed locations 40 acres south and 40 acres
east
of this second well.
The company plans to drill at both of these as
soon as
the second well has been
completed.
Since
last Fall,
33 oil wells have
been
drilled
by others in the
same
field with widely
varying initial potentials. The Mclvor Roselea
No.
1
was
the first
discovery well for the field and is within two
miles of the
company's nearest acreage.
Canadian
Prospect's
2,080
acres
in
this
field
are
strategically
located, Mr. Griffith said.
The company has. a total freehold
in

3,678.113

1,347,099

Chicago & Illinois Midland Ry.

Drilling

location

2,495,862

May—

recovering at
the
initial test, has been

declared.

13,703,361

from

Gross

(Manitoba),

one

297,259

14,184,396

income

oper.

Net

2590.

\

Canadian
on

316,118

15,127.319

Chicago Great Western Ry.- -Earnings—

upwards
4,000 people

20.

area,

started

360,092

179, p. 2470.

Gross

Prospect Ltd.—Completes New Well—

well

new

is

659,753

May—

President.

work

Montreal

new

—V.

Gross

$20,000,000 hotel which will be built and operated,
by the Canadian National Railways will be
ready for occupancy in the
early fall of 1957.
This is the target date set
by Donald Gordon,
and

$2,816,351

608,933

13,376,974

railway
railway

new

Foundation

1951,

$2,729,645

722,520

249,208

from

Railways

National

the

Chairman

1952

$3,078,245

411,653

income

oper.

1953

$2,564,671

From Jan. 1—

Canadian Car
&
Foundry Co., Montreal.
Orders
are
for
50-passenger all-steel first class coaches, and one
sleeping car
containing eight sections and one drawing room. All units are sched¬
uled for delivery
by the end of the current year.

Central

ry.

railway—
railway

from

Gross

for

1954

from

Net
Net

-

five

is

May—

Equipment for Newfoundland—

Orders
in

Chicago & Eastern Illinois RR.—Earnings—

257,658,000 285,217,000

51,601,000

*

Gross

year.

of

on

institution the
remaining

Vermont

1

from

from

$225,000

*137,560

Preferred

—

announced

Charleston & Western Carolina Ry.-Earnings-

1951

*217,880

Corp.

corporation

sold

transaction. vNew
the

shares.—See also

Net

1953

$160,000

had

,,

England—Earnings—

Service

Privately—This

that

Period End. May 31-

negotiating with three insurance
of its defense production.—V. 178,

;,■■■:% .///."/ '%

Public

$1,000,000 of 4.65% preferred
stock to New York Life Insurance
Co., and National Life
Insurance Co. of Montpelier.
Hallgarten & Co. ar¬

Net
of

Subscription—Of the

June 15 by the underwriters at
$100 per share flat, less
the accrued dividend of 23 cents
per share.
See details
in V. 179, p. 2590.-

Gross

stockholders

•

50,423 shares of 4.6% preferred stock recently offered to
common
and preferred stockholders of
record June 4,
a total of
25,867 shares were subscribed for at $100
pershare, and the remaining 24,556 shares were sold on

Chesapeake

w

vm

'

;

16,681,728
2,982,331

^ N.CI^LuCHRONICLE (Reg- u- s- Patent Office) William B. Dana
nrii^. ?e'A Pubjlsbed twice a week [every Thursday (general news andCompany, Publishers, 25
advertising issue) with
vnVi '
Drapers Gardens, London, E. C., England, c/o Edwards & Smith.

year,

and

ft.

sq.

October.

p

(Telenhone
post

xiffice

sub¬
sand¬

Rican

$

and

WlfiaT D^nn

Mayaguez,

V

17.9,

Carborundum Co.—To Establish Puerto Rico
Unit—

ultrasonics—or "silent sound"—to scrub

from

in

from

Net

„

Corp.—New Development—

type of device

microscopic
lenses

of

arrangements

•Deficit.—V.

the

Bendix

the

railway—

from

From

Co.—Plans Private Financing—

income

Canadian

The

$1,195,178

oper.

that

on

also

income.™

oper.

nounced

expenses

ry.

Nov.

at

Trust

Period End. May 31—

1954—5 Mos.—1953

income-

oper.

taxes

daily rate of 240 barrels of oil in a 10 hour
brought in by this corporation, Wilbur L.
Griffith,

Earnings—

1954—Month—1953

ry.

—V.

&

railway—
railway—

from

A

31-^—

points

Montreal's New Hotel Ready in 1957—

bought

April

income

all other

(par

railway

Montreal's

said its purchasers of this stock since
June, 1953
88,120 shares and left 145,307 shares
outstanding May 31, 1954.
The financial statement for
the five months ended
May 31 showed
both passenger revenue and
net income down more than
$500,000 from
the like
period of 1953. Net income was
$79,891 for the first five
months of this year compared with
$584,685 last year.
The
company noted
that
the
five
months'
net
income
for
1953
"does not
include an accrual
for Federal
income taxes of approxirnately $246,300, not required because of
the carryover of losses of
prior years.—V. 178, p. 1158.

Net

is

at

approximately
scheduled

announced

for

Israel

,•}-

from

Gross

See

products,

used

held.

from

ry.

Stock-

company

Bangor & Aroostook RR.

the

V

offer

railway

oper.

Net

totaled

Period End. May

be

to

are

companies,

corresponding

1954

Net

with

2590.

shares

portion

a

from

all

1

shares

ISCO

May—
Gross

usually considered

the

half

to

Bank

be

to

is

facilities

Central of Georgia

shares

stock

common

More
31,005,499

25,995

two

♦Deficit.

6,306,772

company

of

details

as
.

offered

From Jan. 1—

1954—5 Mos.—1953

26,025,233

Baltimore Transit

soon

May—

from

Net

expenses-

p.

the

of

before

May—

35

oper.

179,

the

July
125,OOo

represent

acquired

Earnings

$

oper.

with

be

Co.—Rights to Stockholders—

shares

from

Railway

ry.

proceeds

$1,475,425 last year,
pointed out that the

second

plans

these

Company has applied for

on

share

one

Further

working capital arid to acquire

Canadian National Lines in New

RR.—Earnings—

income—

The

,

ry.

32,332,005

fr.

to

.

Net

revenui—

oper.

for

2195.

P-

Net

oper.

rev,

$1)

this

$13.39

Operating

May 31—

notification

(par

the increase in net income after all
charges.—V.

of

company

common

fiscal

period

used

announced

the

Chemical

preferred

per

compared

as

1954—Month—1953
Period End.

Net

of

for

to

Bulova Watch

months

610.

p.

of

stock

Is

totaling

installation

railway.
Net from railway.—
Net ry. oper. income.—

subscription price is to be determined shortly before the
offering

This

for

fiscal
to

outstanding

the

letter

a

to

of Carborundum's abrasive
wheels,
electrical components in the Puerto

subsidiary
space

establish

company
of

shares

$142,093

cents.

subscription agent.

Co.,

Railway

Railway
Railway

$2,310,571

made.
The

semi-auto-

outstanding.

first

during

Baltimore

The

of

five

The
is

including Federal
taxes,
$3,315,897 in the same

with

equivalent

shares

share

the

of

were

8,992,554

on

quarter,

retired

$30,362

common

President

at

75

company

shares

2138.

p.

corporation

charges,

compared

as

first

common

sales

The

and

July 7 the right to subscribe

auto¬

non-automotive

stood

sales for

Gross

the

strikes.—V.

—V.

913,416

La

Whittemore

Whittemore

The

under

the

1954 amounted to
$189,024,624
compared with $219,455,797 during the same
period last year.
Victor
Emanuel, Chairman and President, observed that
although
earnings for the six months period were down
approximately 15%
from the comparable 1953
period, net income for the three months
ended May 31,
1954 was substantially improved over the 1953 second

ry.

893,064

underwriting.

income

compared

Mr,

Bullard

each

items

net

2590.

business

general

Corp.—Semi-Annual

income

net

to

addition

Monday, July 5, 1954

.

'

sales

$2,926,016

continuation

a

p.

S.W., Canton 6,
1941, to succeed

pulleys,

Cleveland

and

tapping machines.—V.

$2,827,894

based
per

Net

1,481,562

182,682

filed

the

floor

shareholders,

has

$2,252,885

1,451,635

ending

to

which

cates

with

as

Net

$34,128

285.40.)

volume was 3.1% less than for the
corresponding seven
periods of 1C53.
The company's accounts are
kept on the
13 four-week periods and the
first seven are

year

Mr.

i

preferred

corporation
has
also
manufactured
operation was discontinued as of May 14,

that

of

without

net

increase of

an

further
preferred

The

same

items

requirements,

8,990,548

by

this

any

1953.

Earnings
dividend

fiscal

$437,729

indicate the half-year mark.

share

.

subsidiary,

its

basis

312,973

dollar sales

40.7%,

share

a

corporation

the

produces
fields
and

25

income after income taxes and

liquidation.

on

May

in

product

manufactures

31,

to

of

Net

had

June

Corp.,

Consolidated

the

years,

but

screw

May

share

share

Delaware

Camden

appliance

a

consolidated

cents

to

preferred

10c

the

upon

other

Manufacturing

amounted

period

which

of

class.

one

a

a

Act

Gross

shares

companies for long-term

Avco
ended

312,3.99

2470

on

Whittemorc,

basis of

212,513 shs.
the

on

amounts,

share,

incorporated

principal

two

through
lead

was

a,bove

corporation

and

past

corporation

mative

178.455

— __

improvements

weeks

compared

"Spunsteel."
the

motive
For

280,020

60,000

Brown

28

L.

1929.

corporation's

trade

In

$129,653

of

a

machinery

$1,939,912

company and its wholly owned sub¬
Tuque, Quebec, amounted to $35,756,496 for
June 12 compared to $26,906,272 for the corre¬
sponding weeks in 1953 and $67,197,203 for the full 1953 fiscal
year.

212,663 shs.

dividend

a

for

Steel
Products,
Inc., is
principal office and factory at 1201

The

dividends

to

share

preference

a

in

entitled

equally,
though

as

to

share

per

then

payment

paid

stocks

common

cents

stock

be

500,000 shs.
500,000 shs.

Automatic

an

*$278,271

$328,816

Consolidated

the

101,600

value)

par

of

and,

annum;

Ohio.

$376,144

share,

for

pay

sidiary,

—36,837

value)—

par

common

dividends
is

$68,178

corporation
per

plant

have

The Carborundum

177,812

income

1,775,570

Brown Co.—Net Income
Up 40.7%—

Outstanding
$230,000

notes--—.

——

stock

the

stock

184,279

property.

and

stock

serial notes

notes
stock

Common

its

2,327,901

32,355

—

In

line

and

four-week

Authorized

4%%

mortgage

and

338,124

179, p,

covering

$5

International

common

The
will

duction

The

35,663

income

parts.
full

a

grains,

.

Central Explorers Ltd.—To
Distribute ISCO Stock—

496.093

61,535

sell

market.

1954—5 Mos.—1953

61,481

ceramic

will

abrasive

paper,

1954

Bridgehampton (N. Y.) Road Races Corp.—Files—

CAPITALIZATION

per

the

1,

$7,278,117 $34,196,741 $37,429,983
5,951,245
29,412,949
30,447,357
580,249
2,54),883
3,039,332

543,459

deficit

The

SEC

the

After

Aug.

(Dr>_

oper.

"Deficit.—V.

48.05'//
of the preferred stock of Automatic Steel
Products, Inc.
No
part of the proceeds will accrue to the latter company.
Allied International Investing Corp. is controlled
by British Type
Investors, Inc., through the ownership of 62,467 (62.47%
of 100,000
outstanding) shares of its capital stock.

stock

about

2025,

1954—Month—1953

income

Net

King, Libaire, Stout & Co., New York, on June 22 of¬
shares of 30-cent non-cumulative and par¬
ticipating preferred stock (par $l)v at the market (about
$2.87Vz per share).

Preferred

and

sidiary

Net

stock of this corporation and preferred and com¬
of
Edgar Brothers Co., for common stock of Minerals &
Corp. of America.—V. 179, p. 2470.

Automatic Steel Products, Inc.—Stock Offered—Eisele

5%

made

(Dr)__

rents

int.,
etc
Contingent charges

to

be

setting up a Customers' Service
cleaning problems and recommend

5,748,610

Rentals,

&

First

seals,

as

Net
Other

fered 30,000

First

the

causes

common

stock

mon

of

will

$6,892,003

—

2470.

p.

Trust Co.

Guaranty

rents

fac.

Grcss

exchange

energy

also

p.

—'

Joint

Attapulgas Minerals & Chemicals Corp.—Exch. Agent
The

ultrasonic

RR.—May Earnings Lower—

—

expenses

Is

industrila

Maine

revenues

Equipment

$233,278

inc..

ry.

oper.

Operating
Operating

1954—5 Mos.—1953

unit

new

Bendix

Laboratory to analyze
effective
solutions.—V.

Period End. May 31—

Atlantic

Net

The

cavitate, or "cold-boil," with countless minute
implosions—
blasting loose particles of grease, grit and grime.

company

oper.

Period

by
directing high-frequency sound
detergents or
cleaning solutions
sur¬

water-soluble

parts

to

literally

Prom Jan. 1—
Gross

the

61,088

from

Net

$364,563

railway
income—

Net

$304,711

development

through

waves

1954

May—

.

<

Number 5339

Volume 180

...

Chronicle

The Commercial and Financial

3

(51)

i

Capital Flotations in the United States in March
And for the Three Months of Calendar Year 1954
Aggregate corporate financing in
rent

$591,678,292

totaled

year

much^smaller

as

$527,318,839 for March one year ago.
raised

Funds

for

of

capital purposes during

new

February

totaled $521,025,292, representing 88.06%
of the gross dollar volume for the- period, while refund¬
ing operations amounted to $70,653,000 or 11.94%. This
trend wherein new capital funds have greatly exceeded
that of refunding obligations has continued for a long
this

of

year

23

the minute
Stock

the

limited

were

dollar

total

reached

March

during

offerings
of

placements

of $2,400,000, or 0.41% of the grand

sum

36.66%

or

note

volume

for

above

the

figure

44

were

stock

Stocks placed during
A comparison

and

issues

March, last.

20

total.

preferred

or

Next in order

of

2,367,000,000

100

2 V2

27.84

Jan 27

Feb

1%

30.93

Jan 27
Jan 27

1,367,000,000

1,367,000,000

100

Feb

7 yr.-9 mo.

3,233,000,000

3,233,000,000

100

2 Vz

Feb

7 yr.-9 mo.

4,083,000,000

4,083,000,000

100

2

Feb

7 yr.-9 mo.

1,125,000,000

1,125,000,000

100

2V2

Jan 27

Feb

100

Total

397,942,807
556,980,762

February
March

______

_.

$13,467,243

$1,348,340,499

Total

bonds

$40,000,000

the

of

District of California;

Flood Control

in March totaled 34 in number and

$183,020,000 or 30.93% of that month's over¬
all corporate financing.
In the previous month, that is
Febraury last, the total was $91,887,500 made up of
23 issues and represented 27.84% of that period's gross
dollar volume.
For the month of March, a year ago,

'564,414,602

$1,361,807,742

County

99.731

1,501,159,000

99.750+ *0.956

Mar 18

91-days

2,531,185,000

1,501.043,000

99.733+ *1.056

Mar 25

99.740

The
proceeds were to go to the Ontario Electric Power Com¬
mission, $5,000,000 of which were to be used for refund¬
ing purposes and $45,000,000 for new capital purposes.
the amount of $50,000,000 was

91-days

*

Mar 1-31

placed during March.

2,220,841.000

2,371,847,000

1,501,440,000

601,778,926

601,778,926

12 years

M'ar

91-days

9%-12 yrs.

1,916,000

Mar

Total

.

for three months—

♦Average

rate

series,

separate

OF

CORPORATE

FINANCING BY MONTHS

on

all

which

basis,
changed as

were

New

Capital

New

Total

Refunding

New

Total

Refunding

Capital

Capital

2.9%

from
end

10

of

to

years

9

■

'

•

>

§

-

$ '

•$

"

Also the yield is higher in each
on
annual purchases has been

intermediate
doubled

year.

from

SERIES

of one year.
Individual limit

to

$10,000

maturity

$20,000

(NEW)—New

H

current'

value.

income

Series

bond,

486,689,232

560,772,709

16,141,452

576,914,161

543,724,952

9,548,200

553,273,152

February

314,624.478

15,372,739

329,997,217

641,307,965

25,159,845

666,467,810

365,724,376

75,851,400

441,575,776

March

521,025,292

70,653,000

591,678,292

521,319,354

5,999,485

527,318,839

825,109,085

13,357,925

838,467,010

106,465,260 1,408,364,741

1,723,400,028

47,300,782 1,770,700,810

1,734,558,413

April—

614,765,864

39,854,250

624,958,430

625,306,814
10,540,950
640,635,664
15,677,234
37,112,169 1,114,301,499

748,507,085

May

776,722,925

150.613,000

with interest paid by check semi-annually.

months,

8

Series

H

717,255,364

723,982,364

1,301,899.481

Series F and G Bonds, respectively,

AND K—These replaced

SERIES J

1, 1952.
Series J and K yield a return of 2.76% when,
maturity, instead of the former rate of 2.53% for F Bonds
and 2.50%
for G Bonds.
Intermediated yields of Series J and K will
of

as

be

May

to

higher

For

June
c

$200,000.

sold

of

notes

Treasury

Series

of

maturity

to

maturity

two

or

years

Series "C"

interest

accrued

and

par

two

or

of

notes

Treasury

years,

began

on

1,077,189,330

—~

14,

15th of the month and
2.47%. Salj

on

Oct. 1,

1953 and are sold

and if held

data on Treasury notes, see foot¬

1953,

19,

OF

"Chronicle."

FUNDS
New

Total Amount

Type of
Security

Dated

May

May 15, 1953. Notes

interest approximates $2.20 per month foi'

October

1470,

page

on

15th of the month

the

to

USE

c

2687,

The sale of Series C Treasury Savings notes was sus¬

$1,000 note.

on

page

interest approximates

pended on Oct. 23, 1953. For previous
note

on

terminated

A was

and accrued interest to the

at par
to

at

each

footnote

see

of Treasury notes of Series B began

Sale

held

if

Bonds,

Savings

on

"Chronicle."

1952
of

Sale

1953.

%re

data

previous
30,

Annual purchase limit of Series i!

than those of F and G.

and K combined is increased to

Accepted

Refunding

Indebtedness

$

'-If'

7

91-day

Treas.

bills

1,500,348,000

1,500,348,000

91-day

Treas.

'bills

1,500,528,000

1,500,528,000

91-day

Treas.

bills

1,501,661,000

1,500,749,000

912,000

Jan 28

91-day

Treas,

bills

1,500,313,000

1,499,879,000

434,00+

Savings

Bds.

561,229,600

561 229,601

bonds-

1,213,000

98,757,525 1,833,315,938

3,213,001

U.

1

Jan

antic'n

Tax

1

Jan

Total

788,361,335

S.

Depositary

Jan

notes-

6,565,292,600

January

for

6,001,504,000

Second quarter.

2,316,913,624

63,330,353 2,380,243,977

2,242,485,374

197,194,250 2,439,679,624

Six months—.

4,040,313,652

110,631,135 4,150,944,787

3,977,043,787

295,951,775 4,272,995,562

4

91-day

Treas.

bills

1,500,268,000

1,500,268,000

Feb 11

June

Redeemable
notice.

time after 6 months from issue date, on one month's
individual limit on annual purchase of $20,000.

has

927,335,925

6,727,000

$

available)

H,

beginning June 1, 1952, bearing 3% interest, compounded semi-annually,
when held to maturity.
Issued at par, Series H will mature in 9 years

$

$

20,439,521

$

Bond

starts accruing at tha

Interest

months.

8

years,

6 months instead

Jan 21

Total

Refunding

'

§

$

466,249,711

;

threo

of

Jan 14

-f1952-

Janiiary__

quarter

a Comprised
follows:

discount

bank

a

of

'39,370,772,006

.

Higher rate achieved by shortening the maturity of the Series E

Jan

V*

1954, 1953 AND 1952

-f 1953-

-1954-

First

c

8,109,278,926

*.

a

SUMMARY

.

a

2

100

E—Beginning May 1,
1952.
Overall interest rate raised
to 3%
compounded semi-annually when held to maturity.

SERIES

from

March

*1.030

a

2 years

1

for

*1.066

1,916,000 100
—■

Total

$36,050,000 bond

a

tabulation of figures since January, 1952, showing the different monthly amounts of cor¬
porate financing. Further revisions in the 1954 and 1953 figures may be necessary, particularly as additional pri¬
vate financing is brought to light.
present

1,501,139,000

2,716,773,000

at par any

offering of West Virginia Turnpike Commission bonds.
No offerings of United States Possessions came upon the
domestic market in March.
One Canadian emission of the Province of Ontario in

amounted to

we

99.732 + *1.050

2,268,989,000

94-days

Mar 1-31

City of Baltimore, Md. and the $37,000,000

issue of the

March.

Below

1,500,798,000

91-days

Mar 22

4

Mar 1-31 Mar 1

Total

Angeles

Los

24,696,200,480

Mar 18

municipal figures for March, last included a local (New
York City) offering of" $119,000,000 Housing Authority
bonds;

February..

Mar 11

helped to increase the total

Some issues of size which

2

100

Mar 11

Mar

held

miscellaneous financing at $77,907,-

a

100

2 years

for

,

2'/a

a

4

Mar

and

January

634,000

>

Vz

Mar 10

Feb 25

$397,556,630
\ 399,836,510

$4,139,700
1,893,703
7,433,840

634,000

Feb

Transmis¬

Refunding
,

359,000,000
515,108,480

12 years

Feb 1-28

359,000,000

515,108,480

Feb 1-28 Feb 1

is set forth below:
New

7 yr.-9 mo.

9%-12 yrs.

Feb 1

municipal financing for the first quarter of 1954

$2f)3,416,930

'

Feb 1-28

For March, 1953, the total amounted to

$164,578,092.

*0.986

9y./ol

Jan 27

this

larger offerings placed in March of

7

1,500,145,000

1 year

only $437,883,640 and for the like period in 1952 totaled
the very small sum of $148,093,116.

or

Private offerings

2,367,000,000

and the remainder $7,433,840 for refunding.
comparison of the current month's total with, that
for February last reveals an increase in the latest month

month
offer¬
dollar
figupe
60.49% of the aggregate dollar volume.

came

yr.-9 mo.

A

13.17%; oil, $64,165,080, or 10.85%; other indus¬
trial and manufacturing $34,753,426, or 5.87%; invest¬
ment trusts, trading and holding companies $22,177,990,
or 3.75%; railroads,
$17,096,960, or 2.89%; rubber, $11,000,000, or 1.86%; land, buildings, etc., $4,523,800, or
0.76%, and iron, steel, coal, copper, etc., $2,134,900 or
0.36% of the grand total of all corporate financing in

541,

Feb

purposes

five-year table,

$357,918,595

1%

Jan 27

totaling 600,000 shares.
Municipal financing in March amounted to $564,414,602 of which $556,980,762 was raised for new capital

,

various categories listed each
we note that public utility
ings in the usual order, surpassed all others in
volume during March by reaching the substantial
of

100

by the $34,282,821 issue of Fireman's Fund. In¬
Co., consisting of 601,453 shares of $2.50 par
common stock and the $24,150,000 placement of Southern
California Edison Co. common stock of $25 par value,

of the March, 1954 stock total of $216,-

the

5,645,000,000

surance

Total

up

1,u00,7OJ.,0U0

5,645,000,000

sented

$59,569,072.
our

2,189,285,000

1 year

Two

which stood at $110,918,595 in March as contrasted
with only $36,791,405 the month previous.
jFor March of
1953, public utility stock financing, while not as small
as that for February of the current year,
stood at only
Taking

2,140,007,000

91-days

Feb

Corp., due in 1973.
offerings of size in the stock section were repre¬

sion

gory,

in

91-days

Feb 25

Jan 27

20.04

line bonds of the Texas Eastern Penn-Jersey

month.

99.741 + *1.024

Feb 18

Feb 16

April
1, 1974, and the $24,000,000, 4.20% first mortgage pipe¬

924,492 with that for February last, shows a very marked
increase, $147,976,475 to be exact. This substantial rise
was
particularly noticeable in the public utility cate¬

I

99.774 + *0.893

mortgage and collateral trust bonds, series D, due

to

common

common

99.739 + *1.031.

1,500,234,000

bonds, due March 1, 1989; the Interprovincial Pipe
of $30,000,000, 3%% first

gage

tuted $138,331,942, or
There

1,500,263,000

2,252,689,000

Line Co. of Canada placement

stock placements consti¬
23.38% of the over-all total, while
preferred issues added up to only $78,592,550, or 13.28%.

Of

2,296,152,000

91-days

bonds, series N, due March 15, 1984; the Houston Light¬
ing & Power Co. offering of $30,000,000, 3% first mort¬

$216,924,492,
that

91-days

Edison

Long-term bond and note financing in March aggre¬
gated $372,353",800, or 62.93% of the over-all total, while
and

34

of the

4

included
the $40,000,000 issue
of the Detroit
Company's 2%% general and refunding mortgage

year

(

bond

r

——,

Some

period of time and is due in great measure to expansion
programs to meet the growing needs of our economy jand
to meet the demands of our defense program.

short-term

,

March

Yield

Feb

Feb 11

4

Feb 10

91,887,500
183,020,000

22

Price

Accepted

Feb

% of Total

$97,546,521

January

Amount

•

Applied for

Jan 28

Total Amount

No. of Issues

1

Due

Dated

Offered

Corporate- issues placed privately in the first quarter
1954 by months follow:

March

Amount

Date

to

$225,780,000,

and

of $329,997,217 in February last,

sum

financing comprised 41 issues amounting
or 42.82% of that month's total volume.

private

March of the cur¬
compared with the

91-day

Treas.

bills

1,500,294,000

1,500,066,000

Feb

Feb 18

91-day

Treas.

bills

1,500,145,000

1,500,145,000

Feb 25

91-day

Treas.

bills

1,500,751,000

1,500,751,000

of indebt'ness

5,645,000,000

5,645,000,000

bonds

—_

2,367,000,000

2,367,000,000

indebt'ness

1,367,000,000

1,367,000,000

V

Feb

239,168,027

2,773,203

241,941,230

September.

732,407,786

1,865,000

734,272,786

Nine

November-

490,332,891

274,877,316 2,049,820,091

5,751,986,562

570,829,091 6,322,815,653

430.874,616

857,475,665

82,957,165

940,432,830

466,311,143

6,664,020

474,482,187

89,650,200

564,132,387

786,271,197

44,200,333

839,471,530

28,773,944
36,483,000 1,424,178,944

437,537,199

December.

71,897,483

1,774,942,775

424,210,596

October—

153,190,133

1,387.695,944

1

Treasury

Feb

1

Ctfs.

1

Treasury

bonds

—

3,233,000,000

3,233,000,000

Feb

1

Treasury

bonds

—

4,083,000,000

4,083,000,000

Feb

1

Treasury

bonds—'

1,125,000,000

1,125,000,000

1

Treasury

bonds

—

359,000,000

359,000,000

Feb

1

U. S. savings bonds

515,108,480

515,108,480

634,000

634,060

356,455,297

125,9.93,778 5,746,460,198

5,620,466,420

months

1,203,031,903

1,595,515,411

15,362,643

1,580,152,768

Third quarter

49,789,700

Feb

Feb

August

1,153,242,203
203,265,164
418,435,408

Ctfs.

Feb

619,301,395

10,724,440

608,576,955

July

1

Feb
Feb

2,249,443,739

2,118,229,049

7,870,215,611

antic'n

Tax

787,636,789 8,657,852,400
Mar

4

24,696,200,480 24,180,230,000

February

for

•

notes-

216,807,698 2,335,036,747

197,914,742 8,067,824,901

1

bonds—

Depositary

Total

months

12

71,920,964 2,321,364,703

7,869,910,159

Fourth quarter.

-

of

91-day Treas.

bills

515,970,480

1,500,798,000

1,500,262,000

536,0CO

1,500,689,000

450, DUO

Mar 11

Treasury

the Treasury issued two

10, the Secretary of

On Feb.

public notices of call which are
"Public

214%

notice

Treasury

hereby

given in part below:

given

that all

Bonds of 1952-55, dated

15, 1955, are hereby

due June
June 15,

is

demption date, be offered the

March

Financing in

outstanding

Feb. 25, 1942,

called for redemption

on

1954, on which date interest on stich bonds will

or

any

part of their called

"Holders

of these

bonds may, in

advance of the

bills

1,501,139,000

94-day

Treas.

bills

1,501,159,000

Mar 18

91-day

Treas.

bills

1,501,048,000

1,500,538,000

Mar 25

91-day

Treas.

bills

1,501,440,000

1,501,272,000

bonds

601,778,926

601,778,92+.

Depositary bonds-

1,916,000

1,916,0C )

States, in which event

Mar

ppblic notice will hereafter be given and an official cir¬
cular governing the exchange offering will be issued."

Mar

ing

of

obligations

The Treasury
ations to the

re¬

demption date, be offered the privilege of exchanging all
or any part of their called bonds for other interest-bear¬

the United

Department in March confined its oper¬

sale of Treasury Bills, Savings

Bonds and

Mar

1

1

U. S. savings

Total

obligations of the United States, in which event
public notice will hereafter be given and an official
circular governing the exchange offering will be issued."
"Public notice is hereby given that all outstanding

UNITED

STATES TREASURY FINANCING
Amount

Date

Dated

Bonds of 1954-56, dated July 22,

Jan

7

for
for

Accepted

Jan 14

Jan 21

Jan 28

Jan 1-31

Jan l

Jan 1-31

Jan

15, 1954, on which date interest on such bonds will

"Holders

Jan 1-31

Jan 1

of these bonds may,




in

advance of the

re-

12 years

99.668

1,500,528,000
1,501,661,000
1,500,313,000

99.662+ *1.336

for

2,106 +17,926

3,186,777,000

561,229,600

1,213,000

1,213,000

99.695

"1.208

99.748

*0.998

a

a

100

c

the

comprehensive tables on the fol¬

three months'

the

corresponding

2

100

In the

the March and

figures with those tor

periods

in

the

four

'

.

2 years

January

6,002,761,000

26,184,495,000

:

lowing pages we compare

years
year

Total

cease.

91-days

9%-12 yrs.

%
*1.314

1,500,348,000

561,229,600

91-days

1940,

Yield

2,558,601,000
2,140,313,090

91-days

Jan 2%

Price

$

2,607,917,000
2,321,110.000

91-days

7

8,109,278,926

months 39,370.772,006

March
three

DURING 1954

Applied for

Due

Jan 14

Jan

15, 1956, are hereby called for redemption on

Treasury

due June

Dec 30

168,0G()

Amount

$

Offered

310, C0U

antic'n notes.

Tax

Total

1,501,159, GOO

(Continued on page 6)

ing

June

Treas.

Depositary Bonds.

cease.

2V\%

privilege of exchanging all

bonds for other interest-bear¬

91-day

Mar 22

tRevised.

6,565,292,600

preceding, thus affording a fivecomparison.

Total

-1950

t

40 ,0 0

36,48910 79.850 29,86198 61,470367

50 ,0 0

538,9645 60,7 .0 79,180. 0 365.819,0 19.85,0

169,8510 60,7 0 57, 50 2,913,516 1,895,0 29,468.1

4

40 ,0 0

~507 '

369,4135 21,405 0 362,9056 18,0 0 71,290 Reconstrui

698.320 1,90,0 52,3 90 13,45087

834,375

1,450, 8

86,317 60 50, 0 136,20 167,9406

New

Total

-195

$

Refundi g 51,97 50 27,50 0 2,150, 0

81,607950 30,9 0 87,950 10,280

$

834,375

Capit l 64,3705 1,90,0 24,85390 129,3087
$

1,450, 8

New

Total

S

195,0

63,0481 57,80 134,6719 5,0 ,0 7,~ 507

83,46701 12,0 0 120, 3650 10,6450 148,09316

9FYIEVARS TNCoaetpwil$5,6701243 iFsT5-7L,Oo6_19,570 3,0571 6298
1,2403

5,04 1,250
30,3109,51954184,6,504790 1,916,496040
1,12,20012903,5837769 TMOMFHAONRFETCHH 195TNCRoaeeptfuawitnldlig$$$ 11653,899,0,00654536,781 33911,,1,735025050 66348,0,349707,15

New

Total

$

195,0

619,8 6 57,80 134,6719 5,0 ,0 7.50, 0

361.02, 0 2,0,0 56,40275 68,4218 1,60 0 27, 4736

Refundi g 5,278,460
$

—1953

Capit l

$

New

Total

$

FOR

STA ES Refundig

CFOORRPEIGANT,

-1954-

$

Capit l

SOUM AFRY

New

5,9 ,485

342,580 2,40,0 78,592 0 137, 942 30, 0

591,67829 50, 0 97,640 564,1602

60 70

80,0 0

287,908 2,40,0 62,3950 137,651942 30, 0 ~ 60b~0

Corp ate

1,250

419,6~8740

70,6530 58,240 7,43 ,840

521,0529 50, 0 39,40 56,980762

Total

Staneds

$

24,705. 0 291,450 76,9 50 158,670 36, 0386 3,290, 0

Refundi g 2,0 ,0

CIOSURTPNHIAEED

ONGREUFPWI

1,90 , 0

8,90476 0,9 720 19,047315 4,85,231 132,140 1,450, 8 10,8 270 186,09160 30,1950 560,29476 60,9 720 5,04,0 13761,y65~2l 4,85,231 2,096.140 2,675,08 43,86072
27,50 0 2,"l5bI6

1,90 , 0

3,246,0

3,50

32,460

624,8

20 ,0 0

-1954

CAHARNCTDE

107,931475 8,490861 1,09,50

2,7 9,738

20, 719 24,705 0 39,07645 7,0215 254,6081 38,0281 3,290, 0 41,92 738 83,46701

20 ,0 0

367,540

426,960

4,30 , 0 2r4~82o6 5,~206~ 54,37 0

721,025

2,0 ,0

426,960

2,40 , 0 2,40 , 0

New

32,460

3,246,0 721,025

825,10C

527,3189

5,9 ,485

34,05 0 198,67402 14,62 0 103,79852 58,701 54 2,32,0 32,6 50 76,532 03

15,784

521,394

10,985 2,134,90 19,843 26 12,6508 2,17 90 49,257 41 216,94 2 17,096 0 357,9185 2,134,90 34,753.426 64,1508 4,523,80 1,0 0 2^17,90 7,907541 591.678,29
6,50 , 0

Capit l 14,670 206,150 10,6 0 52,0 0 4,523,80 8,518,0 21,04 0 317,980

20, 719 24,705 0 39,07645 7,0215 247,16081 37,54 86 3,290, 0 36,29738

59,6 072 574,0 0 15,67452 31,0 54 290, 0 31,6250 13,2463

2,0 ,0 2, 0 , 0

2,40 , 0 2,40 , 0

$

5,60 , 0 13, 57925

59,6 072 574,0 0 15,67452 31,82 079 290, 0 31,6250 13,2463 152,06839 34,05. 0 20,674.02 14,62 0 107,4.52 59,42.079 2,32,0 32,62,50 76,54,63

2,0 ,0 2, 0 , 0

721,025

16,70 247,0 0 14,90 52,0 0 4,523,80 1,0 0 26,50 372,5380

Refundi g 2,0 ,0 40,3850

2,7 9,738

5,625

195,0 0

372,610

New

$

107,931475 8,490861 1,09,50

5,278,460

Capit l 34,05 0 139,05 14,05 0 87,9240 27,60 0 2,032,0 1,0 ,0 61,37540
$

804,7921

5,625

195,0 0

195,0 0

369,415

86,3170

r,3~12t50 81,607950

39,04 0 4u2~ 6",450

7,30 , 0 457,925

$

Total

29,650

61,390476 0,9 720 16,897315 4,85,231 132,140 1,450, 8 10,8 270 156,439160 30,1950 521,480 76 60,9 720 5,04,0 18346^9515", 4,85,231 2,096,140 2,675,08 42,57 0

1,90 , 0
195,0 0

12,4601 60,8790 2,547,0 42,901 I7ob 76 o 50, 76 169,8510

5,60 , 0 13, 57925

34,05 0 14,05 14,05 0 91,70. 27,60 0 2,032,0 1,0 ,0 61,350

$

—1953

51, 7104 3,05,740 18,976 20 ,0 0 240, 0 10,783 2 2,957,12 87,2135 95,6750 157,431.04 5,48,740 25,83167 20 ,0 0 9,815,0 ~ 6~o 76o 13,28 723 61,03621

4,51 ,0

80,0 0

9,70 , 0

2,0 ,0 46,850

-16,280

4,380, 0 "284,20 0 "609,410 0 70,6530

104, 859 2,134,90 19,763426 12,6508 2,17 90 39,57 41 20,64 92 15,096 0 31,0359 2,134,90 30,73426 64,1508 4,523,80 8,518,0 2,~17 90 63,0154 521,0529

- - BankGovernm governmtGaagnvdci,es•Mun&icpal-—tSt.es,,Posei*n 1,67405 fdiIgfnbunucoroloetadiysneste MARCH BNooatnesd-s cceooptalr,,manuf acesoriIndmauansnutfridc-tlrig bueildtncgs, Inthvreosaetmlddtiicnrnug.g,,, BNooantendsd-s cceooptalr,,manuf acesoriindmauasnnutrfdctlrig bueildtcng.-s, 7Itthrruaoedlsdtiincngg.,,, _ cceoopta.lr,,manufces oriIndamuasnnutrfidctlrig bueildtncgs, tthrraoueldsdtiincngg.,,, cceootpal.,,manufctres oieindamuasnuntfrctdrilgs bueildtncgs, tthrroauelddstinicng.g,,, cseocrpuritate.

OFAM RCH
boannodtedssShort-em stock stockCandian— bonanodtesdsShort-em stock stock foreign— Lbonoea-nntodrmtdsesShort-em stock stock corpate

MONTH

New

105,2 0 18,2490

521,3954

"

Capitl

$

25,07.0 29,8750

3,290, 0

7,30 , 0 457,925

S

1952

527,318 39 "1,25,0 105,2 0 437,8 640

35,7 40 2,0 0 56,40275 67,92103 1,60 0 27, 4 36

Refundi g 54,37 0 16720", 0
$

721,025

825,10985

4,320 120, 3650 38, 0 143,907216

1,2 5,0

24,705. 0 291,450 76,9 50

MTFFOGLFOIYNAAVHUEIERRVNCCMPDAGLTS, 136,12,900421773868349545tFGCmfPDt(our(rehaSanIovmnhoigdcBvtufprecinuncclmeaypfdeslsl.,k.
Capitl

$

60 ,0 0 2,50 , 0

5,04 ,0

13,57925 7,68,0 63,250 4,185,90 8,476825

Refundi g 13,57925
$

-1952

804,79210 19,0 0 48,05 0 157,68 0

3,601,90 " rnlo

36,48910

14,67 10

$

and

Capit l 251,8 0 29,8750 25,3098 61,470367
S

50, 0 50, 0

4,80 ,0

Refundi g 12,4601 57,2860 2,547,0 41,38 0 176 ",0

-1950-

5,1904 3,0 5,740 19,8 6,7 20 .0 0 240, 0 10,783 2 2,957,12 92,32,5 108,1760 218,3904 8,035,740 68,12,76 20 ,0 0 10,850 ~ 6~o 76 o 13,28 723 1 ,03621 538,9645

4,80 , 0

108, 760 158.40, 0 5.0 ,0 48,250 l57&~ 5,6o T6 76 6 2,50,0 3,071,50
~

1,064953 Devlopmnt.

Refundi g 14,67 10 50, .0 4,51,0

•

75,0 0 79,875,0

1,90 , 0

Total

Domestic Long-term Pref redCom on Lone-t rm Pref red Com on Other Pref red Com on




Total

TInteraionl(Candian foreignLoan Staes
Other Farm United

toal •These

Grand

OF

MONTH

Long-TermRailroads Puutiblliecs Irsoten,l,Equipment Moatonrds

Miscelanous Short-Tem Railroads util es ste l,Equipment and
Total

Other Land, Rub er
Oil

Public Iron, Motors Other Land,

Ship i.ngInvestm n Miscelanous

Total

Stocks—•

utiles ste l,Equipment and

Public Iron, Motors Other Land,
Oil

Investmn Miscelanous

Total

otal—

T

utiles

Railroads Public Irsoten,l,Equipment Maotnords Other

Oil_ Land,

Rub er Bhlp ing

Investmn Miscelanous

Total

Total

40 ,0 0

,0389.5 79,850 105,7 653 15,03847

$
■'

3,0 ,0

256,40
Refundig 230,95462 50, 0 17,053.6

Capitl

40 ,0

807,1358 29,8750 8,69 8 15,247

$

New

3,06 0 86,49 35 184,650739 2,50 , 0

$

Total

1,26074132

3,0 ,0

834,375

.

834,375

Capitl 1,762018
'Tdtal

1,36784

149.53,47 4,6074 329,6 3,80786 ,240 29.043951 2,0918

1,0 .0 3,0 6,0

5,065,0 18,90 7 61,0 570 42,856 5,2 419 132.140 1,450, 8 37156790 35,02745

Total

1,426 85

Capit l

1,83 598

2,50

137 65 492, 7403

42,0 756 120, 3650 32,97043 1,0 2 746 1,20 0

To•' tal

New

Capitl 1,273064519
Total

$

1,352740

%

Total

47,30 782 i7o~ ,ob 316790", 25,34615

$

Capitl 1,289604

857~o" ,b6o 327165,0 1,958 163

$

—1958

2,56 0

Capit l

1.40836.741 98,0 0 69,260 29,7850 1.3680742 13,250

Total

$

1,72340.8 1,7056 48

7,10352

Total

$

952,18 3.40,0 12,6983 275,49382 5,02 0 60~o7 o
"

Refundig 89,602 16720,
$

-1954

Capitl

New

OSUMFARY

$

305,0

New

$

Capitl

1,308941 98,0 0 69,260 71,0 0 1,348 09 13,250

New

«

94,850 642,50 5,30,0 50,37 521 17,60 6,37,80 1,0 0 79,1 0

50 ,0 50 ,0

2,40,0 3,40 0

426,960

ACHNARDTE

89,602

917,2861

50 ,0 50 ,0

1,20 0 963,40 80,74360 6,457925

2,40 , 0 3,4o,o0

9,3260 98,75 2

7L08. 0 68.51,2 260,351 1,0910 592,1453 5584.46 4.70, 3,9215 78,23106

44502,713,687930 11,,77345088
124,350 745.0p38^ 41,36025 3PO.84fino 169.8269 6,158,0 25,0 .0 36,92:41 261.50723

1,34,30

721,025
31,0 0 4,913,05 7.10.352

3,56,10 47,30 782

93,250 740,1853 41,36025 35"*,79248 169,054 6,158 0 25,0 0 36:92~,41 257.9132

420,398

173,2 4
342,18 30 ,0 173,2 4
231,50 2 3,841,0 45,2 965 27.64,398 2,47 90 65,76475 397,26 0 95,71960 874,052 9,14,0 96,12487 145,7 398 6,715981 1,30 2,47.90 147,35476

6,50 0

17,54 21 27482,0 13708,39

1,83 59

60

53270,86 5 ,796025 53,706 35,0467 290, 0 35,692 41 18, 2 3

2,0 ,0 2,0,0

1,42685

71.0§, 0 69.7sl21 261,9856 1,ids10 673,25 3 5u 4,70 qo 3,92 15 87:623
902

2394.57,7,14209

721,025

613, 05

20 .0

85,34 0 59,1620 5,30 0 32,8560 17,60 6,37 80 8,51 0 6,120 61

82,35.0 86,30479 71,60 57 9,18750 2,840 284,35716 6,14851 9,13 40 2.675,08 2:156.95 89,16902

290, 0
271,438 5,796,025 569.07 0 35,76 9 35,692 41 8, 2 3

93,250 469,320 35, 0 29,75648 134,0589 5,86 50 25,o0 o i7o6 6 "237,0689

-1954 Refundi g 9,50 , 0 47,3850

106,45260 28,05 0 13,46723

862,5 61 3,40 0 105,49683 275,14382 5,02 0 "Vo 'o o

$

18,3970 48,3560 47,23540 ~3 72:5 0 1,0 0 8,205 3 123,5603

175,28 20,73865 231,06 53 8,71920 17923^125 13,7863

2,0 0- 2,0,0

1,018,45.3052489

273,4 57 10,7250 914.60,79 71,60.57 9,187.50 2.84.0 32,0716 6,14851 9.485,140 2,675,08 3:i~56,905 98.0245

3,978,40

3,015760

5,760

3,5610

1,345116,3098027782605
I3—- ,— ,254208,90173 farSbmofautnuicopnyletdyiedss SCONONGRRPUEEUFAWPTI — etc.
FGAFOOCVRERENMPIGNAT,T,
New

3,0 0 195.0
20 ,0 0

124,350 473.620, 35, 0 g 306,87 0 -134,0589 5,86,50 25,0 0 1,0 .0 240,650

Refundi g 31,0 0 4,30 0

6780, 15723*,0 2,0 ,0

2,0 0 14,52 6 246,53 94 1,60 29,"l6o7 1

963,40

New

$

—1953- Refundi g 45,96 452 1,3 4 30

$

2,0 ,0

175, 28 21,702 65 234,07635 8,71920 179237125 13,7863

9,3260

$

247,35

1,0 ,0 2,93,053 3,712053

5,760, 0

1,90

Capitl 71,08 0 490,873 239,4650 1,0910 835087452", 45.30,86 4,70 2,0 0 65,024

34, 20 120, 3650 12,98043 7 ,98 37 1,20 0

1,70 81

2,0,0 14,52 6 247,98 24 1,60 0 29,160 1

New

7,2860 6,457925

$

1,734581

5,760 134,98 0 308, 45 5,0 0 7,50

$

——1952 Refundig L~2o"756

98,75 2 7,"68765 20579 53 23, 509

'■

5,065,0 90,3179 61,0 57 40,3956 5,2 419 132,140 1,450, 8 27I5~6,95 32,74 02

2,56 ,0 . 3,0 ,0 195,0

1y3,076251482,395049867,4102795863-DevfaBlcotnpsmrudPiC.okaDvtnmh{SieGdFfoctuverhdagsnf.lcYFME3IOAVNTRFHD1CSSROUTEANLHIED ,0238957461,837924016,805
YFEM3IAOTVNFRHD1SCRIOMAALEUNCOPGDL
3798,46
—1952 Refundi g 94,7 125
8

147. 950 61^28,45 21.950,14 70.3869 46.70,86 12,540 T6o :65 .31,549 92,6.418

38

1,0 ,0 3,06.0

106,0

71,08 0 492,073 239,4650 I,l09 o 4367li56 51,98 31 4,70 2,0 0 74, 50

>

1,3826950

17,30 65 67,401 126, 962 2,547,0 4,39.2^5 3,60. 0 1,0 0 52,6450 298,65027

27,96.0 2,450, 0

7,260. 73,4 0 10, 0 9,18750 2.84,0 24,3 05 893,132 8,910 1,250 56,08250

$

106,0

1,90 , 0

.

4,78540 "*372 6 5 5,912750

Refundig 18,3970 20,3870
$

-195

4;80,

95,670 793,860 10, 0 9,18750 2,840 289,1 50 893,132 9,35,0 1,25,0 61,950

$

5,0 ,0 4,50765 50, 0 2,10

5,760, 0 138,961 09 308, 485 5,0 ,0 7, 50, 0

New

25,07 0 29,8750

New

123,5603 36,90~o76 286,735 0 3,1850

3,06,0 5,9628 18,4 739

$

15,84 0 1,725,65

$

1,50 4,589 427i6 o 52,45903

Refundig 89,5390 3o75~437o5 3,169,0

50, 0 50, 0

$

5,0 ,0 i,~4 5~o76 i 50, 0 53,0 0

$

-195

2,6450

4,80 , 0

214,609 618,0 20,36750 74,150 46.50, 13,0 0 ~6~o 7o5 2,50,0 47,82650

$

Refundig 67,401 1 ,034862 2,5470 42,680 3,60 0 1,0 ,0

-1950

63.950, 18,0 0
1,4590836

1,08435 2

165,038147 4,6074 40,5463 3,807,86 240, 0 29,043951 2,09 18 264,5 0 214,609 78,3147 24,97514 14.72,134 50,37086 13,540 ~6O :5O 31.54,91 14,9 .418

Capit l 147,950 506,9 138 17,489750 32,649750 42,90 0 12,30 "6*6*,65 2,50 0 45,18 0

1,382.6950 10, 0 75,0 0 37,~856 1,5649,75 19,850
298,65027 10, 0 75,0 0 276,90 6 10,591359 1,8950

$

-1950

75,0 0 79,850

Total

426,960

80,0 0

9,50,0 53,850

~ 2~ 5F 6 i.To To 16,50
75,0 0

342,18 173,2 4
25,0 25 3,8410 45,1796 27,64398 2,4790 56,0 476

11,7,42038403678

17,594 21 2:70,6 2:78 39 106,45260

173,2 4
381,2 0 85,71.960 820.17,25 9,14 0 78,53196 145,7 398 6.715,981 8,593:0 2,47.90 124,5763

1,308941

nC3MAR1H otes—- - notes - not-es - governmt-: acis&te., include 3MAR1CHNotes- etc manufctrig holding, Notes- etc manufctrig heoltdcin.g, eccotopal,,manufctres— oriesinmadanuunfscttdrrigl beuildtnc_gs, htteorrFautdcsin.g,, eccotopa.lr,,manuft aces—ori inmadanuunsftcrtdrilg . beuildtncgs, 9htteorraludtcisn.g,, seccourrp—i„tate
EMNODNTHS Corpate- Domestic-— bLooanngn-dtdesrm Short-em Presftocr-ked stock Candi- bLooanngn-dtedsrm Short-em Presftocrked stock foreign- bLooanngn-dtedsrm Short-em Presftocrekd stock corp—ate BIntearanioklG{oCvaernnmdiatn foreignGLooavantdn, ♦Municpal—Stes,SPostaeiens toal! dfinguoorets EMNODNTHSBLooanng-Tdesrm Railrods utiles cscoptoeal,l,,Emqaunuifpcmtreesnt anoidindausntridl beuildtcngs, eipingttrIranuvdessitnmgn,, Miscelanous BSohaonrt-dTesm Railrods utiles ccsoptoeaerll,,,Eqmunuipfmtent aacesnorid inadunstrdl beuiltdcngs, ShipngttIrrnavuedsstimngn,,Miscelanous
Com on

Com on Other

Com on

Grand

Total

3




U

Other Farm

United

•These

3

Public Iron, Mot rs Other Land,

Total

Public Iron, Motors Other Land,
Oil

Total

Stocks- Railro ds

utiles stel, Equipment and

Public Iron, Mot rs Other Land,
Oil

Investmn Miscelanous

Total

Total-

utiles stel, Equipment and

Public Iron, Mot rs Other I.ond, Rub er Bhip ng
Oil

Irwestmn Miscelanous

Total

G

(54)

The Commercial and Financial Chronicle

(Continued from page 3)
FINANCING

Issued
i-

$

43,347,000

for

302,513,000

172,192,000

Notes
Total

$5,000,000

101,163,000

$259,166,000
71,029,000

215,539,000

403,676,000

$188,137,000

and

Certificates
Notes

73,773,000

February.—

24,050,000

142,345,000

11,478,000

227,596,000

166,395,000

due

,

189,283,000

Notes

229,000,000
134,474,000

three

for

months—

♦Comprises sales
sold

to

tnd

notes

Civil

$67,737,000

933,545,000

tl94,673,000

of

Savings

Cassell

and notes; certificates
Unemployed Trust Fund

and

ham

Old

Age arid Survivors Insurance Trust Account,
Fund.
Foreign Service Retirement Fund,
Fund, Alaska Railroad Retirement Fund, Postal

System,

Government
Fund.

Savings and

Life

Federal

Loan

Insurance

Deposit

Insurance

Fund,

National

Insurance

tNet

&

port

Beane;

Curtis,

mortgage

and

for

bonds.

and

construction

new

privately with Northwestern

Co.,

&

son;

and

Power

Co.

3%

first

mortgage

Price,

interest.

Offered

Allison-Williams

Inc,;

Co.;

Inc.;

Dallas

Union

Securities

Co.;

and

Long-Term Bonds

and Notes

Offered

RAILROADS

(

*$2,000,000 Bangor
July

&

1,

197G.

41,815,000 Central
cates,

Aroostook

RR.

due

Purpose,
of

New

new

first

April

bonds

*410,000

notes

equipment trust certifi¬
to

Price,

1969,

to

inclusive.

yield

from

Pur¬

2%

Thornas

to

according to maturity. Offered by Halsey, Stuart
R. W. Pressprich & Co.; Freeman &
Co.;
E.
Pollock & Co., Inc., and McMaster
Hutchinson

Co,

Wm.
&

Inc.;

1,

16,300,000 Illinois

,

series
and

Purpose,

Central

39,

for

RR.

dated

new

1,

equipment

1954

including Apri

Price,

to

turity.

1, 1969.
from 1.25%

yield

Offered

Pressprich
liams

&

&

by

L. F.
Freeman &

Haupt & Co.; The
Inc.; Julien Collins
and

and

Purpose,
to

for

Stuart: &
Rothschild &
Co.;

Co.;

Co.

Wm.

R.

Son

Wil-

Inc.;

Mutual

XX,

Pacific

due,

H.

&

Co.,

•

RR.

$8,000,000 Pacific
April

Pollick

equipment
March 15, 1955

&

Co.,

PUBLIC

March
new

1,

1S84.

by

Struthers

mortgage

bonds,

Morgan

Stanley

Co.

Placed
trust

Service

1,

■

!l

Co.

1984.

3(4%

Purpose,

first

for

mortgage

expansion

through

The

First

Boston

Interstate

due

Feb.

for

California

1,

1979.

Co.

4(4%

Purpose,

Co.

investors

Placed

through

Interstate

;

i

due

to

first

March

1,

102.9159%'
Co.;

Paine,

William

1,

privately

Co.

R.

stock

with

4%%

Co.

3(4%

Purpose,

accrued

to

&

Co.;

Offered

Corp.;

Webber.'Jackson

Blair

&

Francis

Curtis; Reynolds

Auchincloss,

Parker

&

&

&

Co.;

Gas

Purpose,

to

Placed

«•.'

loan
two

2%%

general
March 15,

and

Inc.;

Co.;

Hallgarten

Young,

Collins, &

Co.;

<fe

(Inc.);

Cooley

and

&

I.

&

for

4

nil

interest.

new

i

3(4%

first

R.

s.

Co.;

The

&

Co.;

Dickson

Henry

F.

A,

F.

S.

E.

A.

Inc.;

Masten

Co.,

Yantis

Electric

&

&

&

Co.

&

&

Bovce;

Corp.;*

The

Gibson.




Dabney & Tyson;

Walter

&

&

Co.

1,

3(4%
1974.

Co.

Purpose,

4.20%/

for

new

promissory

note due March
($1,600,000)
and
to repay

privately

with

Blunt

Arthur

Inc.

,

collateral

&

Co.;
&

Pipe

Line

Co.

(Canada)

354%'

&

March

1,

&

Co.

&

mort¬

sinking fund debentures

:

.

bonds.,
bank

Placed

First

series

loans.

privately

Boston

C,

4%

mortgage and

April

100%

through

1,

1972.

and

Blyth

working
through

'

„

first

due

Price,

&

Pur¬
in¬

accrued

Co.,

Inc.

and

Corp.
%'

<

1979
to

Corp.

(with

reduce

BUILDING, ETC.
of

America
stock

common

bank

principal

loans

amount.

6%

debentures

purchase

and

for

Offered

by

due

April

warrants).

expansion.

for

company

1,

Purpose,

Price,

100%

of

subscription

by

common stockholders.
Unsubscribed portion ($116,300).
Underwritten by Paine, Webber, Jackson &
Curtis; Hamlin
& Lunt; White, Weld & Co.; Lee
Higginson Corp.; Straus,

Llosser

&

McDowell;
&

Co.;

Shearson,

Reinholdt

Hammill

&

&

Gardner,

Co.;

and

Henry

Arthurs,

Lestrange & Co.
*1,250,000

:

Waverly

Terminal

mortgage

Bldg.

property.

Mutual Life

L.

Wright

&

first' mortgage

loan.

to

Purpose,

Placed

privately with John Hancock
through Stevens & Perkins.

Insurance Co.

$4,523,800

,

Armstrong
1969.

bonds,
repay bank loans

&

Inc.;

of

bank

Simmons;
R.

Mutual

&

Life

Insurance

etc.

and

promisory
($2,482,000)

for

Insurance

due

Reynolds

of

notes
and

working capital

due
for

1955repay¬

($4,518,000).

Co.

March

100%>

&

Co.,

and

Provident

Mutual

Life

Philadelphia.

Rubber

Price,

Weeks;

,

5(4%

1,

convertible

1974.

and

Purpose,

accrued

subordinated

for

de¬

working capital,

interest.

Underwritten

by

Co.;

Eastman, Dillon & Co.; Hornblower &
Webber, Jackson & Curtis; Blair, Rollins

Paine,

& Co. Inc.; Cruttenden & Co.; Chas. W. Scranton &
Co.;
Smith, Hage, Noble & Co.; Crowell, Weedon & Co.;
Wagenseller & Drust Inc.; Sills, Fairman &
Harris, Inc.; Bate-

Eichler

man,

Inc.;

Dallas

Dickson

4(4%

refunding

loans

Co.

4,000,000 Armstrong

Stockton

S.

Co.

Placed privately with Massachusetts Mutual
Life Insurance
Co.; New England Mutual Life Insurance Co.; Connecticut

accrued

Courts & Co.;

Merle-Smith;

Rubber

Furpose,

ment

mortgage

Dick

;■

.

RUBBER

-$7,000,000

J.

,

Gillen

Rice

&

&

&

Co.;

Co.;

Co.

Chace,

Whiteside,

Pre-scott,

Inc.,

ana

Shepard

Saunders,

West

&

&

Co.,

Stiver

Winslow,

Inc.;

Irving

Co.

Over-

&

subscribed.

E'.

Inc.;. Peters,

Pollock

&

&

Co.;

Salomon

Shields

&

Co.,

Hughes

Bros.

&

Writer

Inc.;
&

R.

Co.,

Hutzler;

Company;

Stifel,

Oversubscribed.
Co.

3(4%

1984.

first

Purpose, to

1,

W.

$11,000,000
MISCELLANEOUS

*$10,000,000

&

Inc.;
Shear-

'Eros.

25,000

mortgage
repay

ance

&

Co.

Transmission

bonds,

&

Co.,

Inc.;

bank

loans

and

Securities
Diexel

Co.;

Co.;

an

Corp.

at

bonds.

par.

Co., Inc.

Purpose, to fi¬
Offered
by company

10-year notes.

Purpose, for
privately
through

Placed

purposes."

Testers,

[repay

bank
with

Purpose,
insurance

&

Co.

4%%

Inc.

promissory

for

new

notes.

loans
and
for
working
-institutional
investors

and

Rotan,

Mosle

&

Purpose,

capital.

Placed

through

White,

Cooper.

4.20%

*2,000,000 Lane,

Bryant, Inc. 4% promissory notes due March, 1974.
Purpose, refunding ($500,000) and for expansion ($1,500,-

company

Inc.

000).

Placed

privately

with

Prudential

Insurance

Co.

of

America.

Corp.

4%%

debentures

Baker,

Weeks

&

Co.;

.

due

1,300,000
\

Dittmar

&

Co.;

Merchants

Acceptance

subordinated

funding

Corp.

debentures

($'06,000)

and

due
for

12-year
March

5(4%

sinking

fund
Purpose, re¬

1966.

1,

expansion

and

to

repay hank
Price 100%
and accrued interest.
Un¬
by G. H. Walker & Co.; Hornblower & Weeks;
Lemon & Co.; F. S. Moseley & Co.; R. L.
Day
& Co.;
Pierce, White & Drummond, Inc.; Chace, White¬
side,- West
&
Winslow,
Inc.;
Miller
&
George,
and

loans

($994,000).

derwritten

Ball,

Johnston,

Hanrahan

Dominick

&

Co.

Oversubscribed.

&

Co.; Francis I.| duPont & Co,;
Equitable-Securities Corp.;
Esta¬

Co.; The First B:ston Corp.; First Southwest Co.;
& Co.; Glore, Forgan & Co.;
Goldman, Sachs & Co.; Granbery, Marache &
Co.; Hall¬
garten & Co.;
Hayden, Miller & Co.; Hayden, Stone &
Co.; Hemphill, Noyes & Co.; Hornblower &
Weeks; W. E.
Huttcn & Co.; Johnston, L^mon & Cl:
Kidder, Peabody
& Co.; W. C.
Langley & Co.; Lazard Freres & Co.; Lee
Higginson Corp.; Lehman Brothers; Carl M.
Loeb, Rhodes
&
Co.;
Laurence M.
Marks
&
Co.;
McDonald
&
Co.;
McDonnell & Co.; Merrill
Lvnch, Pierce, Fenner & Beane-;
Merri'l,
Turben
&
Co.;
The
Milwaukee
Co.;
Morgan
Stanley & Co.; F. S. Moseley & Co.; Newhard, Cook & Co.;
Co.; Paine, Webber, Jackson & Curtis; Piper,
& Hoowood: R. w. Pressprich & Co.;
Rauscher,
Pierce & Co. Inc.; Reinholdt
&'Gardner; Reynolds & Co.;

Jaffray

debenture

Price,

corporate

privately

*600.000

&

Ohio

due

;

6%-

Inc.

sales.

Felix, Brunschwig &
general

to

North

American

Acceptance

promissory notes
working capital.

Frid'ey & Hess; Fulton, Raid

The

Hutzler.

Radio,
time

*1,200,000 Johnston

interest.

&

Union

debentures

series

1974.

Baird

capital

locally, without underwriting.
*500,000

'

accrued

Transmission

privately with

Read

4 (4%

Co.

Moroney, Beissner & Co.

pipeline bonds due 1973.
Placed

&

Evans

Nicolaus

r

.

Investment

Jan,. 1, 1967.
Purpose, for working capital.
Placed pri¬
vately with 18 institutional investors through Salomon

W.

'
.

Associates

Weld

Dillon,

Dcminick;

brook

«

trust
repay

$3,273,800 Sheraton

Of¬

mortgage pipeline
Purpose; to repay bank
Price, 100% and accrued

Kendall,

Penn-Jersev

Eddleman-Pollok

&

first

Purpose, for expansion and
privately to institutional investors

$52,000,000

Oversubscribed.

first

Raffensperger,

Co.;

Electric

Eastern

Dallas

&

to

terest.

first

Ellis

& Burr,
Dick

Metro-

1533.

Loeb

pose,

Kraus; Barrow, Leary & Co.; A. G. Becker &
Co.
Inc.; Blair, Rollins & Co. Inc.;
Blyth & Co., Inc.;
Clark, Dodge & Co.; E. V/. Clark & Co.; Courts &
Co.;

The

and

'

Co.;
Co.;

Insurance

debentures,
equipment,

&

274%

construction.

Coffin

Eastern

Burge

First

Co.

due

Robert

mick

&

1964.

1,

Corp. 30-year 3.85%

1,

Herrman

Purpose, to repay bank loans and for
investment, etc. Price, 100% and accrued interest. Under¬
written by Dillon, Read & Co.
Inc.; Lovett Abercrombie
& Co.; A. C.
Allyn & Co., Inc.; American Securities Corp.;

&

Robinson-Humphrey Co. Inc;
Fahey, Clark & Co.; McCor& Co.;. Rodman
& Linn;
Scott, Horner & Mason,
Bosworth, Sullivan & Co.,
Inc.; Moore, Leonard &
Lvnch; F. M. Newton &
Co.; Sills, Fairman & Harris
Inc.;
Stifel, Nicolaus & Co. Inc.; Sutro &
Co.; Chace, White¬
side, West & Winslow,
Inc.; Butcher & Sherrerd; Curtiss. House & Co.;
Kirkpatrick-Pettis Co.; c. S. Ashmun
Co.; Bramhall &
Stein; C. C. Collings and Co.
Inc.; S. K.
Cunningham & Co., Inc.; John
Douglas & Co., Inc.; Elkins,
Morris & Co.;
Kay, Richards & Co.; The National Co
of
Omaha; Townsend,

&

Rothschild

March

Co.;

Co.; Hill Richards
Co.; Merrill, Turben

Life

convertible

*6,000,000 Trans Mountain Oil Pipe Line Co.

Fauset, Steele & Co.;

Inc'.;

Cr*.

Co.

Feb.

new

Co.;

Hammill

17,000,000 Texas

Julien

&

subordinated

April

Sold

bentures
Gas

due

for

first mortgage

Cen¬

Inc.;

&

through

refund¬

Co ;

Oil

June

Kuhn,

Co.

Natural

construction.

Equitable

Herrman

Mutual

Pur¬

($1,000,-

privately.

Richfield

due

/■/'
new

& Co,

new construction.
Price, 102.46% and
Offered toy Halsey, Stuart & Co. Inc.
1

•

Offered

Weld

Penn

note.

expansion

collateral
trust bonds,
series D,
due
April 1,
Purpose, for. new construction.
Placed
privately
institutionall investors through The First Boston

capital.

new

mortgage

for
"

con¬

Schoellkopf, Hutton

White.

Inc.; Stein Bros.
Dominion Securities

The Ohio Co.;
The
Carolina Securities
Corp.;

Webster

and

&

$4,000,000 Suburban

Inc.;

'.i

*16,000,000

due

for

to repay bank loans and for
101.665% land accrued interest.

Stuart

Yantis ,& Co. Inc.

,

companies.

Purpose,

duPont

Co.;

Co.;

Corp.; Heller, Bruce
Loev,i & Co.; McDonald &

Co.;

t

bonds

and

Co., Inc.; Walter StokeSi & Co.; Stroud & Co., Inc.;
Stubbs,' Smith & Lombardo, Inc.; Thomas & Co.;. Van
Alstyne; Noel & Co.; Wyatt, Neal & Waggoner, and F. S.

due

refunding mortgage,

1984.

Weir

Cleveland

'1

loans

Inc.; Heller, Bruce & Co.; H. Hentz & Co.; John¬
Lane, Space & Co., Inc.; Marx & Co.; Mullaney,
& Co.;
New York Hanseatic Corp.; The Ohio
Co.;

*24,000,000 Texas

bonds

insurance

and

accrued

Francis

Shields

Republic Co.
Milwaukee Co.;

:

mortgage

bank

&

by
Corp.; A..C. Allyn & Co., Inc.; Bear,
Blair, Rollins & Co'., Inc.; Dick & Merle-

Co.;

tral

;• t

first

repay

April 1, 1984.
Purpose; to
construction.
Price;
98.90%
and
Offered by Salomon Bros, & Hutzler;

Pressprich
L.

Redpath;

mortgage

Boston

oi

Drexel &
Securities Corp.;

McLsod,

first

bank

repay

Co.

Smith;

Pomeroy,

3%%

privately with

bonds, scries N, due
ing.
Price, 99.25%
First

Co.

with

promissory
for

and

with

due

Patterson, Copeland &
Christensen, Inc.; Wm.

Co.

Indiana

and

Corp.

an

Son,

Co.

Pont

\

15-year

1972.

with

Co., Inc.; Equitable Securities Corp.; Clement A. Evans
Inc.; First of Iowa Corp.; Freeman & Co.;
Gregory,

son,

Price,
Shields &

du

America.

Co.,

Wells

seven

&
Mteeds; The Milwaukee Co.;
Granbery,
& Co.; Emanuel,
Deetjen & Co.; Fauset, Steele
Rodman & Linn, and Schwabacher
&

440,000, 000 Detroit Edison

111

due

Purpose,

Securities

&

loans.

by
I.

B.ssell

struction.

1

bonds

bonds

Williams

T.

Stearns

&

Co.

&

of

%

5'4%

due

Sold

1S74.

Offered by Halsey, Stuart & Co, Inc.; AllisonCo.',' Aspden, Robinson & Co.; Auchincloss, Per-1
Redpath;, Bache & Co.; Baxter, Williams & Co.;

Bear,

Marache

Co.;

3%%
to

Co.

Corp.;

fund

Broome

mortgage bonds,

bank

repav

interest.

Securities

first

A,

gage

The

new

and

ker, &

of

&

Co.

OIL

Corp.; G.

privately

Co.

promissory
capital.
Placed

$14,910,000

Williams

seven

Staats

1974.

Power

1984.

and

Equitable

Stearns

Placed

Placed

.

Co.

mortgage

Co.

Insurance

4%%

Co.

1,
1963.
Purpose, refunding
" bank loans
($3,400,000).
Placed
Vpolitan Life Insurance Co.

■

.

!

Mprle-Smith;, •Eo.uitable Securities rC^P,; : Weeden & Co.,
Inc.; Stroud & Co., Inc.; The Milwaukee Co., and Tucker,.

loans

mortgage

acquire

William

Telephone

Feb.

Oregon

Co.;

The

Securities

due

for

son,

410,000,000 California

1979.

E,

sinking

fund

*1,000 000 Central

Inc.,

Anthony

stock

Co.;

C.

$20,000,000 Southern

and

sinking

Laird,

etc.

,

I

Co.; Mullaney, Wells,
Patterson, Copeland & Kendally Inc.; Wm. E.
Co., Inc,; R. C. Schmertz &; Co., Inc.,; Thomas

Co.;

and

Blyth

Purpose, to acquire
of InterSvate
Telegraph Co.
Placed
privately with
institutional investors
through William R. Staats

debentures,

&

first

loans.

Light

s Price,

Iowa

ittterest.

bonds,

and

Life

working

Insurance

3(4%

privately

Corp.

&

&

Telephone

Telegraph

institutional

I

1984.

1,

Co.;

series

program.

Corp.

for

($2,700,000)

LAND,

Electric

of

Union

Interstate

due

Union

Co.

by Halsey,

&

•

interest.

privately with 15 Insurance companies, banks

funds

bonds,

4(4%

Purpose,

First

Wood,

Co., Inc.

*4,200,000 California

:

1984.

construction.

&

Oversubscribed.

Public

March

ciue

&

&

Co.;

&

bank

&

fered

due

and

Corp.

*5,000,000 Strombcrg-Carlson

Price, 101.80 and accrued interest.
Offered
bv Blvth &. Co.,( Inc.:
White/ WeH <V Co.: Drexel & Co.;
Eastman, Dillon & Co.; Dean Witter & Co., and The

Co.

first

...

interest.

*15,000,000 Arizona

i

1,

Pollock

Co.; Robert W. Baird &
Co., Incorporated; Clark,
Dodge & Co.; Courts & Co.;
Estabrook & Co.; Glore,
Porgan & Co.; W. E. Hutton &
Co.; The Illinois Company;
Johnson, Lane, Space and
Co., Inc.;
Laurence
M.
Marks
&
Co.;
Paine,
Webber,
Jackson & Curtis;
R. W. Pressprich l& Co., and

*1,500,000

Power

March
i

Inc.

Purpose, to repay bank loans
Price, 101,467%
and accrued

construction.

Offered

Co,

repay

$17,000,000 San Diego Gas

3 Va %

Dimension

Mutual

California

Purpose,

Insurance

Falls

company.

$12,000,000 Pennsylvania

UTILITIES

Co.

Three

of

Prudential

Placed

series

construction.

'"•(:

$16,670,000

Power

Stix

Co., and White, Weld &

Gas

to

&

$17,000,000 Alabama

&

'

'

2%%

Ry.

certificates, series FF, due annually
to 1969, inclusive.
Purpose, for new equipment. Price, to
yield from 1.60%
to 2.95%,
according to maturity.
Of¬
fered by Halsey, Stuart & Co.
Inc.; R. W. Pressprich &
Co.; L. F. Rothschield & Co.; Freeman &
Co.; McMaster
and Wm. E.

Inc.;

.

Mexico

trust

Hutchinson <fc Co.,

Walker

Illinois
&

Life

SeaPalt

.

according to
maturity.
Offered
by
Halsey,
Co. Inc.; R. W.
Pressprich & Co.; L. F. Roths¬
Co.; Freeman & Co.; Wm. E. Pollock &
Co., Inc.,
McMaster Hutchinson & Co.
Brownsville

*100,000

*1,500,000 Mississippi Valley Gas Co., 4(4% first mortgage bonds due
March
1, 1974.
Purpose, for new construction.
Placed
privately with seven insurance companies.

equipment trust certificates, series
annuaily
March 15,
1955
to
1969,
inclusive.
for new equipment. Price, to yield from 1.60%

Louis,

Co.,

Purposo,

&

and

&

insurance

i

Stuart &

$1,845,000 St.

with

of

Corp.

1967.

*$30,000,000 Interprovincial

Van

promissory notes due Jan. 1, 1969.

Hancock

Company.

Sons;

*500,000 Mid-South

Co.,'

&

Purpose,
to
2.95%,
child

Company;

John

Products

MANUFACTURING

6%
debentures due serially
for machinery, inventories
Price, 100%
of principal amount.
to public, without underwriting.

acquisition

with

refunding

000).

.

Ira

Pollock

Mullaney, Wells & Co.

$3,000,000 Missouri

W.

Hutchinson

McMaster

laus

Securities

Co.

.

ma¬

Baxter,'

&

E.

to

Inc.;

Co.;

Gregory

Illinois'Co.;
&

equipment.

new

according

Starkweather

Northern

pose,

Deinpsey-Tegeler & Co.; The First Boston
Corp.;
Goldman, Sachs & Co.; Merrill Lynch, Pierce,
Fenner & Beane; Reinholdt &
Gardner; Schetck, Richter
Co.; Semple, Jacobs &
Co., Inc.;
I.
M.
Simon
&
Co.;'
Smith, Moore & Co.; Stern Brothers & Co.; Stifel, Nico¬

certificates,
semi-annually to

2.70%,

&

Webster

1974.

*3,700,000 Oswego

Singer,

Co. 3%%
sinking fund debentures due March
Purpose, to repay bank loans and for new
Price, 101.827% and accrued interest.
Of¬
Lehman Brothers; Blyth & Co., Inc.;
Alex.

by

Brown

Co.;

&

Paper Co. 4% promissory notes due Oct.
Purpose, for expansion. Placed privately to John
Hancock Mutual Life Insurance
Co.; Aetna Life Insurance
Co.;
New
York
Life
Insurance
Co.,
and New England
1,

Gas

1974.

fered

trust

due

Halsey,

Co.;

Co.;

equipment trust certificates,
Placed privately.

equipment.

2'/z %

April

Co.;

construction.

*1,710,000 Fruit Growers Express Co. 3%
R.

&

$10,000,000 Laclede

Co.

series

&

Alstyne, Noel & Co.; G. H.
Walker & Co.; J. C. Wheat &
Co.; C. T. Williams & Co.,
Inc., and Arthur L. Wright & Co. Inc. Oversubscribed.

3.25%,
&

Mayer; Shearson, Hammill
Scribner; Smith, Moore & Co.;

Stern Brothers
& Co.: Stern, Frank, Mey°r & Fox; Stifel. Nicolaus & Co,,;
Inc.; Walter Stokes & Co.; Sweney Cartwright & Co.;

,

3(4%

&

Stone

Purpose,

company

duo

*4,000,000 Great

York
Hanseatic Corp.; J. A. Overton & Co.;
Northwest Co.;
Patterson,
Copeland & Kendall,
B. W. Pizzjnl & Co., Inc.;. Wm, E. Pollock & Co.,

&

Staats

Oversubscribed.

AND

Grain

&

capital.,

for

privately

Daven¬

Co.;

&

by

Electrical

New

Deane

R.

Boyce;

Howell Co. 3%%

privately

Fau3et,

Seasongood

due

Placed-privately.

1,, 1955

equipment.

4(4%

mortgage

refunding.

Jersey

annually

for

pose,

RR.

&

Purpose,

Inc.; R. W. Pressprich & Co.; Raffensperger, Hughes &
Co., Inc.;
Rambo, Close & Kerner Inc.;
Reinholdt
&
Gardner; The Robinson-Humphrey Co., Inc.; Rotan, Mosle
&
Cooper; Russ & Co.; Schoellkopf, Hutton & Pomeroy,
Inc.; Schwabacher & Co.; Scott, Horner & Mason; Inc.;

(Issues Maturing

Later Than Five
Years)

&

Company,

inclusive.

working

*1,500,000 Bell

Pacific

Inc.;

Feed

1964-1970,

by
Halsey,
Anderson
&

&

Co.;

&

INDUSTRIAL

$200, 000 Baltimore

Inc.; Ladenburg, Thalmann & Co.; Mackall & Coe; MasonHagan, $nc.; Mullaney, Wells & Co.; Newburger, Loeb &

During March, 1954

William

Bros.

Yarnail, Biddle & Co.

OTHER

bonds

for new construction.

Purpose,

accrued

vestment

Details of New Capital Flotations

Co.;

Mutual

Gregory &. Son, Inc.; J. B. Hanauer & Co.; HarriCo.; Ira Haupt & Co.; Heller. Bruce & Co.; In¬
Corp. of Norfolk; Kaiser & Co.; Kalman & Co.,

sori

retired.

&

Stein

Stroud

wood, Neuhaus & Co.; Union Securities Corp.; Van Alstyne,
Noel & Co.; G. H. Walker &
Co.; Wertheim & Co.; Chas,
B. White & Co.; White; Weld &
Co.; Dean Witter & Co.,

Pur¬

Shelby Cullom Davis & Co.; Dick & MerleSteele & Co.; First of Michigan Corp.;
Foster & Marshall; Freeman & Co.;
Green, Ellis & Ander-1

Service

Corporation,

Corporation.

first

Co.;

Inc.; Sweney Cartwright &
Co.; Spencer Trask & Co.; Tucker, Anthony & Co.; Under¬

&

Smith;

Co.; Shields & Co.; Shuman, Agnew & Co.;
Deane & Scribner; Smith, Barney & Co.; F. S.

Corp.;

Co., Inc.; City Securities Corp.; Clayton Secur¬
Corp.; Cooley & Co.; Courts & Co.; S. K. Cunning¬

ities

Retirement

Insurance

federal

Fund

Co.

&

&

Strudwick; Aspden, Robinson & Co.; Auchincloss, Parker
& Redpath; Bache &
Co.; Bacon, Whipple & Co.; Barret,
Fitch, North & Co.; Baxter, Williams & Co.; Bosworth,
Sullivan & Co., Inc.; Stockton Broome &
Co.; Burnham
& Co.; Burns Bros. &
Denton, Inc.; Byrd Brothers; C. F.

special series certificates

to Federal

Service

.

738,872,000

Adjusted Service Certificates

Canal Zone Retirement

Life

363,474,000

106,454,000

295,737,000

Stuart

$39,717,000
$28,020,000

and

&

$247,000,1000

1989.

1,

for

interest.

Co.

Lighting &

March

bacher

Smithers

,

4Vz%

($385,000)

Placed

102.189%.'

Certificates

Co.

&

due

and

Monday, July 5, 1954

.

& Co.; Rotan, Mosle and Cooper; L. F. Rothschild
Co.; Rowles, Winston & Co.; Russ & Co.; Salomon Bros.
Hutzler; Schoellkopf, Hutton & Pomeroy, Inc.; Schwa¬

&

16

Singer,
bonds

mortgage

Pierce,
Fenner
&
Webber, Jackson &

Paine,

Corp.

refunding

Peabody

first

Lynch,

&

Gas

Price,

with
& Co.

.

Riter

bonds

privately

to repay bank loans
102.461%
and accrued

Price,

Witter

Insurance

$30,000,000 Houston

61,201,000

Purpose,

Weeks;

($1,915,000),
Life

March—

Total

&

Smith

pose,

49,723,000

153,823,000

____

3(4%.

Merrill

by

Dean

*2,300,000 Fort

for

1984.

1,

trust

loans.

bank

Kidder,

through

Co.

collateral

reduce
Placed

to

amount.

construction.

Offered

4%%

Purpose,

Electric

Hornblower

January

Associates

1978.

principal

Paso

new

February-

Total

El

March

Certificates

1,

of

institutional investors

Net Issued

$

Utilities

Oct.

100%

Retired

$

-

January—

*7,000,000 Eastern
due

♦INTRA-GOVERNMENT

,

due

to

Place

Corp.

Feb.

1,

privately

(Pa.)

5(4%
10-year
Purpose,
for
institutional in¬

1964.

with

vestors.

*500,000

Pioneer

tures,

ing
&

Finance

series

Co.

and

'

Assurance

125,000

Shoreland
pose,

♦Represents
$Indicates

A,

capital.

for
issues

issues

tlndicates special

Co.
due

Watling.

Co.

and

5(4%

secured
sinking fund deben¬
1, 1962.
Purpose, fo^ work¬
privately through Mullaney, Wells

March

Placed

Lerchen

Central

Life

&

Co.

with

Assurance

Continental
Co.

Freezers, Inc., 6%
convertible debentures. Pur¬
expansion
and
working capital.
Offered
by
placed privately.
competitively,
offering.

sold

:

Volume 180

Number 5339

for subscription by

company

10,000,000 Winn

Lovett

&

tures

Grocery

April

due

for

and

1,

general

374%

Co.

fund deben¬
($4,400,000) 1

sinking

Purpose,

1974.

corporate

refunding

man,

Stein

Co.;

Courts

&

Bros.

"L

A.

Clement

Kidder

Paso

tl,529,700 El

Paso

Cohu &
Inc.;- John-!
son, Lane, Space & Co., Inc.; Pierce, Carrison, Wulbern, .
Inc.; The Robinson-Humphrey Co., Inc.; Van Alstyne, Noel
& Co.; Atwill &
Co.; The Bankers Bond Co. Inc.; The
Kentucky Co.; John Kormendi Co., and Marx & Co.
Boyce;

Co.;

&

M.

Evans

A.

Co.;

&

ij

Co.,

&

C.

(Issues Maturing Up to

share.

*

«

y

Staats

30,

1958,

Inc., 8%

1956,

Dec.

31,

amount.

1956,

by

of

1007c

without

public,

to

company

Dec. 31,;
capital
and
principal,

and

1957

working

for

Price,

purpose.

Offered

31,

Dec.

Purpose,

corporate

and F. S.

Co.,

&

by

of 1

(par
$20).
Purpose,
construction. Price, $21 t
to public, without under¬

stock

for

new

company

Tully &

75,000 shares

Southwest

Co.

acted

dealer-manager.

as

loans

and

for

Price,

construction.

new

un¬

derwriting.

and

$2,400,000

dividends.

accrued

Rand

&

Underwritten

by

Farm Loan and Government Agency Issues

$62,280,000

Federal

Intermediate...Credit

debentures

Purpose,

dated

April

refunding

040,000).

Price,

and

due

Jan.

($58,240,000) and "new money" ($4,par.
Offered by Macdonald G. New-;

at

Estabrook

'

.

dated

bentures

p

April

1,

additional

for

pose,

Offered

1954

and

working

Macdonald

by

due

July

1954.

1,

Price,

Pur-

at

•

•

tures
.

March

due

advances

-

.

for

,

2.60% to
inclusive.

Electric

Hydro

improvement,

Underwritten

interest.

Canada

1960-1964

15,

The

to

Ontario

-

-

GOVERNMENT

CANADIAN

(Providence of),

by

Purpose,
and

100%

Harriman

deben¬
for

Commission

Power

Price,

etc.

2.80%

Ripley

of:

V/

accrued

Co.

McLeod,

15,

Electric

1980.

S33,4%

Price,

&

Securities

Corp;

Weir,

Inc.

The

to

for

interest.

Wood,

of

E.

A.

&

Ames

Underwritten

Gundy

Co,,

&

Inc.,

Co.

stocks of

ferred

of

stocks

computed

no

their

at

the

$426,960

and

to

(no

McLeod,

&

&

'^{7'':

by

UTILITIES

stock

common

Interstate
ments.

Price,

Co.
300,000
(jhares
Purpose, to purchase stock

$5).

(par

Telegraph

Co.

$10.50

per

Staats

&

Weedon

&

First California Co.;

Co.;

Bateman,

Co.;

Lester, Ryons & Co., and

7,950,000 California
stock
$26.50
The

First

Barth

J.

share.
Boston

&

Bailey

Co.;

&

Corp.;

&

Co.;

Boettchcr and

Inc.;

& Co., Inc.;
Blankenship,

Co.;! Bramhall 6c

Slocumb & Co., Inc.; H. M. Evllesby & Co.
Camp & Co.; Campbell & Bobbins Inc.; Central

6c

Co.;

H.

&

First

Friedman;

Inc.;

Willians

(Inc.);

Co.

Collins

Co.;

Wm.

P.

Harper &c Son

&

Co.;

Co.;

Pierce, Fenner & Beane; Revel Miller 6c Co.; MitTully & Co.; Morgan & Co.; F. S. Moseley 6c Co.;

Lynch,
chum,

Murphey Favre, Inc.; Pacific Northwest Co.; Paine-Rice
6c
Co.; George Patten Investment Co.; Reynolds & Co.;
Schwabacher & Co.; Donald C. Sloan & Co.; Smith, Bar¬
&

ney

William

Co.;

decker

Co.;

&

Strauss

&

Walston

&

Higgins;

Dean

Co.;

Staats & Co.; Stephenson,
Eubanks, Meyerson & York;

&

Sutro

Weeden

Witter

Smither

Zilka,

R.

Stewart,

Co.;

&

Co.,

&

Co.;

Wagenseller

Co.

&

Co.;

Inc.

Inc.;

W,ulff,

6c

Wilson,

Hansen

Durst,

LeyS.

J.

Inc.;

Johnson

&

Co.,

6c

and

Oversubscribed.

50,000 shares of 43,4% cumula¬
tive preferred stock (par $1001.
Purpose, to repay bank
loans.
Price, at par.
Placed privately with eight insti-

*5,000,000 Central

Maine

Power

C».

,tutional investors (including the New York Life Insurance
Co.; The Equitable Life Assurance Society of the United
States, and The Mutual Life Insurance Co. of New York)
through Harriman Rip.ley & Co. Inc.
Telephone Co., Inc.

192,000 Central Mutual
tal

s

ock

ments.

(par
Price,

Nolan-W.

40,000

B.

$10).
$12

Hibbs

16,000

shares of capi¬

Purpose, for additions and improve¬
per
share.
Underwritten by Folger,
&

Inc.

Co.,

Central Mutual Telephone Co., Inc. 4,000 shares of capital
stock

Purpose, for additions and improvements.
Price, at par.
Offered by company for subscription by
stockholder;?. All sold.
(par $10).

70,000 shares of $4 cumulative
Purpose, for new construction.

XI, 179,200 Dallas Power & Light Co.
preferred stock (no par).

$102.56 per share and accrued dividends.
Offered
by White, Weld & Co.; Equitable Securities Corp.; Blair,
Rollins &
Co., Inc.; Laurence M. Marks & Co.;
Paine,

Price,

Webber,

Jackson

&

Salomon

Bros.

Hutzler;

F.

S.

Smithers

6c
&

Co.;

Curtis;

R.

Shields

William

W.
&

Pressprich &
Hirsch &

Co.;

The

Bodir.e;

Ohio

Blair & Co.;

R.

L.

Dittmar




& £o.;

Clement

A.

Evans

&

Co.,

Co.;

L.

Tucker,

Wertheim

F. Rothschild & Co.; Sage,
Anthony & Co., and Wood,

Telephone

Wertheim

&

Ruttly &

Struthers'

Co.

M.

&

Marks

Schoellkopf,

.

„

&

J.
&

Hammill

&

Co.:

Co.,

Hutton

The

&

Robinson-Humphrey

ers

&

Co.; Stern, Frank:

Meyerson

&

&

at

300,000

Co.,

Agnew & Co.;

&

Meyer & Fox;

Stewart, Eubanks,

&
York; Stone & Webster Securities Corp.;
Youngberg; J. S. Strauss & Co.; Stroud & Co.,

Sutro

Co.;

seller

Shuman,

&

Co.;

Henry

F.

Swift &

C. N. White
Hansen & Co.

Watling, Lerchen & Co.; Weeden & Co., Inc.;
&

Co.;

White,

Oversubscribed.

Weld

&

Co.,

and

Wulff,

stockholders.

common

com¬

Un¬

underwritten

STEEL.

COAL, COPPER. ETC.

Corp.| 1,857,996 shares of common
Purpose, for. mining expenses, etc.
Offered by Coombs & Co. Completed. ...*

Uranium

par.

Empire Exploration Ltd. (Canada) 300,000 shares of
stock (par $2).
Purpose, for expansion, etc.

mon

$1

Offered

share.

per

speculation."

by

W.

C.

Doehler

Co.

&

stock
Price,
com¬

Price,
"as a

•

300,000 Hawker Uranium Mines, Ltd. 1,500.000 shares of common
stock (par five cents). Purpose, for exploration costs, etc.

Offered by Degaetano Securities

Price, 20 cents per share.
Co.

"

Completed.

'

Uranium Corp. 3,000,000 shares of common stock
(par 10 cents).
Purpose, for mining expenses.
Price, at
par.
Offered by E. I. Shelley Co. "as a speculation."

300,000

Platora

300.000

Reynolds

Uranium

$1).

(par

Purpose,

Offered

share.

by

Corp. 30,000 shares of common stock
for mining expenses.
Price, $10 perLuckhurst & Co., Inc. "as a specula¬

tion."

299,100

Union Uranium Co. 29,910,000 shares of common stock
(par one cent). Purpose, for mining expenses.
Price, at
par.
Offered by J. W. Hick; & Co. "as a speculation."

300,000 Utah-Wyoming Atomic Corp. 1,200,000 shares of common
stock (par 10 cents).
Purpose, for ocquisiuons antj work¬

capital.

ing

rities

Price,

National

25 cents per share. Offered
"as a speculation."

by Secu¬

Corp.

$2,134,900
INDUSTRIAL

OTHER

AND

MANUFACTURING

Corp. 544 shares of 5%
cumulative participating
preferred stock (par $1001 and 544 shares of class A
common stock'(no par) in units of one share of each class

$54,944 Aerco

of

stock.

pany

Purpose,

capital.

working

for

Price,

new

$101

construction equipment and
per unit.
Offered by com¬
without underwriting.

for subscription by public,

Artists

1,500,000 Allied

cumulative

Pictures

convertible

Corp.

159,000

preferred

stock

shares
(par

of

$10).

572%'
Pur¬

reduce bank loans and for working capital.
Price, at par.
Underwritten by Emanuel, Deetjen & Co.:
Francis I. du Pont & Co.; Hirsch & Co.; Straus, Blcsier
& McDowell; Baird & Co.; Johnston, Lemon & Co.; A. M.
Kidder & Co.; Cantor, Fitzgerald & Co., Inc.; Cohu & Co.:
Link, Gorman, Peck ,& Co.; Hopkins, Harbach & Co., and
Taussing, Day & Co., Inc.
Oversubscribed. .
to

pose,

200,979 American-Marietta
(par $1).

share.

per

200,000 Arwood
stock

1

Co.

7,805

shares

of

common

Purpose, for working capital, etc. Price,
Underwritten by The Ohio Company.

Sthe :
$25.7 3

Precision Casting Corp. 10,000 shares of common
Purpose, refunding ($80,000) and fpar).
capital ($120,000). Price, $20 I
Offered by
company
for subscription by stoc^;-

(no

expansion and working
share.

holders

without

underwriting.

1,750,000 Federal

Electric

Products Co.

I

175,000 shares of commi 1

$1).
Purpose, to reduce bank loans and u*
working caoital.
Price, $10 per share.
Underwritten 1/
H. M. Byllesby & Co.
(Inc).; Hayden, Stone & Co.; Bit ,
Rollines & Co.
Inc.; Walston & Co.; Straus. Blosser t.;
stock

(par

McDowell;

Sills,

Co.;
H.

&

Co.;

&
Harris,
Inc.;
Arthur;,
& Co.; Kalrnan & Co., Inc.; A. ft
Stiver & Co.; Wm. C. Roney

Fairman

Lestrange & Co.; Eioren
Kidder

Co.; Spencer Trask

Tucker. & Co.; Union Securities Corp.; Wagen¬
Durst, Inc.; G. H. Walker & Co.; Walston & Co.;

by

Offered

public.

to

by

(8,836)

10 cents),

(par

Barth &
Co.,
Inc.;

Shields & Co.;

$20.12y2

without underwriting.

public,
185,800 Atlas

Inc.

Co.;

and

shares

IRON,

C.',
&
&
Co.; Bateman, Eichler & Co.; A. G.

&

com¬

$150,000 Absaraka Uranium, Inc. 6,000,000 shares of common stick
(par
272 cents).
Purpose, for exploration, testing and
drilling expenses.
Price! at par. Offered by company to

Pomeroy,

&

Staats

shares of

316,867

$110,918,595'

Co.;

Barney & Co.; F. S. Smithers & Co.; William R.
Co.; Stephenson, Leydecker & Co.; Stern Broth¬

Smith.

Inc.;

Inc.;

Inc.;

Corp.

by The
First
Boston
Corp.; Merrill Lynch, Pierce, Fenner & Beane;
Robert W. Baird & Co., Inc.; William Blair & Co.; East¬
man,
Dillon & Co.; Glore, Forgan & Co.; Kidder, Pea¬
body
&
Co.;
Lehman
Brothers;
The Milwaukee Co.;
Smith, Barney & Co.; White, Weld & Co.; Central Re¬
public Co. (Inc.); Loewi & Co.; Paine, Webber, Jackson
& Curtis; Bacon, Whipple & Co.; Blunt Ellis & Simmons;
Goodbody & Co.; The Marshall Co.; Bell & Farrell, Inc.;
A.
C.
Best
&
Co.;
Bingham,
Sheldon
& Co.;
Braun,
Monroe & Co.; Brew-Jenkins Co., Inc.;
Gardner F. Dalton & Co.; H. C. Denison Co.;
Emch and Co.; Gillespie
&
Wouters;
Harley,
Haydon
&
Co., Inc.;
McKee A'
Jaeckels, Inc.; Adolph G. Thorsen, and Ver Muelen & Co.

South Carolina Electric & Gas Co. 286,436 shares of com-;
mon
stock
(par $4.50).
Purpose, for construction pro¬
gram.
Price, $14.75 per share.
Offered by company for:
subscription
by
common
stockholders.
Oversubscribed.
Underwritten by Kidder,
Peabody &. Co.; Carl M. Loeb,(
Rhoades & Co.; Eastman, Dillon & Co.; Hornblower &

Stone

Day &

Co.,

5,600 shares of 5% cumulative^
preferred stock (par $51.
Purpose, to establish three dial",
exchanges.
Price, at par.
Underwritten by E. H, .Stanley j.
& Co. and Clifford J. Murphy Co.

Co.;

Co.;

&

Co.;

Co.;

Co.

&

Service

subscription

pany * for
subscribed

Co.;

&

Somerset

Co.;

Weeden & Co., Inc; Auchincloss, Par¬
ker & Redpath;
Bcsworth, Su'livan & Co., Inc.; Shelby
Cullcm Davis & Co."; DeHaven & Townsend,
Crouter &
Co.;

Blyth

Corp.;

Phillips

Courts &

new

stockholders

Insurance

Kuhn, Loeb

Bingham, Walter & Hurry, Inc.;.
Blair, Rollins & Co., Inc.; Blankenship, Gould & Blakeiy,
Inc.; Blyth & Co., Inc.; Bosworth, Sullivan & Co., Inc.;.
Brush, Slocumb & Co., Inc.; Campbell & Robbins, Inc.;;
Quincy
Cass
Associates; Central Republic Co.
(Inc.);
Clark, Dodge & Co.; Coffin & Burr, Inc.; Julien Collins
& Co.; Crowell,
Weedon & Co.; Henry Dahlberg & Co.;.
Davis, Skaggs & Co.; Dempsey-Tegeler & Co.; Douglass
& Co.; Drexel & Co.; Francis I. duPont & Co.; Eastman.
Dillon & Co.; Elworthy & Co.; Equitable Securities Corp.;
Fewel & Co.; First California Co., Inc.; The First Cleve¬
land Corp.; First of Michigan-Corp.;
Maxfield H. Fried¬
man; Fulton, Reid & Co.; Glore, Forgan & Co.; Goldman,
Sachs & Co.; Goodbody & Co.; Gross, Rogers, Barbour,;
Smith & Co.; Wesley Hall & Co.; Hannaford & Talbot;
Wm.
P. Harper & Son & Co.;
Harriman^ipley & Co.,
Inc.; Havden, Stone & Co.; Hemphill, Noyes & Co.; Waldo
Hemphill & Co.; Hill Richards & Co.; J. J. B. Hilliard
& Son; J. A. Hogle & Co.; Holt & Collins; Holton, Hull
& Co.; Hooker & Fay; Hope & Co.; Hornblower & Weeks;
E.
F.
Hutton & Co.;
The Illinois Co.; Jones, Cosgrove
&
Miller; Kaiser & Co.; Kerr & Bell; Kidder, Peabody
&
Co.; Kirkpatrick-Pettis Co.; Frank Knowlton & Co.;
Kuhn, Loeb & Co.; Laird, Bissell & Meeds; W. C. Langley
& Co.;
Lawson, Levy & Williams; Lee Higginson Corp.;
Lehman Brothers; Lester, Ryons & Co.; Irving Lundborg
& Co.; Marache,
Dofflemyre & Co.; Laurence M. Marks
& Co.;
Mason Brothers; McAndrew & Co., Inc.; Merrill
Lynch, Pierce, Fenner & Beane; Revel Miller & Co.; The
Milwaukee Co.;
Mitchum, Tully & Co.; Morgan & Co.;
Morgan Stanley & Co.; Neary, Purcell & Co.; E. M. New¬
ton & Co.; The Ohio Co.; Pacific Nor,thwest Co.; Paine,
Webber, Jackson & Curtis; Pflueger & Baerwald; R. W.
Pressprich & Co.; Putnam & Co.; Refsnes, Ely, Beck &
Co.; Reinholdt &) Gardner; Reynolds & Co.; Rotan, Mosle
and Cooper; Salomon Bros. & Hutzler; Schoellkopf, Hut¬
ton
&
Pomeroy:
Inc.; Schwabacher & Co.;. Chas. W.
Scranton & Co.; Frank C. Shaughnesy & Co.; Shearson,

Waldo• Hemphill & Co.; Hill Rich¬
ards & Co.; Holmes & Sandman; Hocker & Fay; Hope <te
Co.; June S. Jones & Co.; Kidder. Feabrdy & Co.: Lester,
Ryons & Co.; John R. Lewis, Inc.; Irving Lundborg &
Co.;
Mason
Brothers;
McAndrew
&
Co.
Inc.;
Merrill
Miller &

Life

through

Oversubscribed.

Becker

California Co.; Foster & Marshall; Maxfield
Cranbery, Marache & Co.; Grande & Co.,
Barbour, Smith & Co.; Wesley Hall

Hanaford & Talbot;

Hayden,

York

loans and for new construction.
Price,
and accrued dividends. Underwritten by

Boston

Inc.;

Co.-

Kraus;

Rogers,

Gross,

Co.;

J.

New

investors

Caldwell

Lerchen

Burnham

Co.;

(par $10).
Purpose,
to repay bank loany
construction.
Price, $18.40 per share to

stock
for

and

,

by The First Boston Corp.; Dean Witter & Co.; A.
Allyn
& Co.,
Inc.; Bacon, Whipple & Co.; Bailey
Davidson; Robert W. Baird & Co., Inc.; Ball, Burge

& Co.; Crowell,
Weedon
&
Co.; Davis, Skaggs & Co.;
Douglass & Co.;
Francis I. duPont & Co.; Eastman, Diilon & Co.; Elworthy
Republic

the

and

&

&

Cohu & Co.;

Public

Wisconsin
mon

Purpose, refunding, j

Bradford

Sherrefd;

Corp.;

Watling,

and

yj 5,845,592

4.44%

1^- 24,150,000 Southern California Edison Co. 600,000 shares of common
stock (par $251.
Purpose, to repay bank loans and for
new
construction.
Price, $40.25 per share.
Underwritten!

Brush,

(Inc.);

of

Lynch,
Pierce,
Fenner
& Beane;
Kidder,1
George D. B. Bonbright & Co.; Goodbody1
Little &
Hopkins; Inc.; Pacific Northwest Co.;'

Conner

Atkinson &

Adams 6c Co.;

M.

Robert W. Baird
Bateman, Eichler & Co.;

Blakeiy.

Gould

E.

shares

65,000

Inc.; Shields &
Company; G. H. Walker & Co.; Clement A. Evans & Co.,
Inc.;
Courts & Co.; Goodbody & Co.;
Johnson, Lane,.
Space & Co., Inc.; Rauscher, Pierce & Co.; Rouse, Brewer;
Becker; Chace, Whiteside, West & Winslow, Inc.; G. H.
Crawford Co., Inc.; Frost,- Read & Simons, Inc.; Hooker
& Fay;. Huger, Barnwell & Co.; A. M. Law & Co.; E. H.i
Pringle & Co.; Frank S. Smith & Co., Inc., and James

Oversubscribed.,

Davidson;

Co.;

Stein;

Hill Richards &

& Co.

(par

Merrill

Inc.;

Co. 300,000 shares of common
Purpose, to repay bank loans.
Price,
Underwritten by Elyth & Co., Inc.;

$20).

per

Walston

,

share

per

Laurence

of

Power

Oregon

(par

of

and improve¬
Underwritten bv Wil¬
Eichler & Co.; Crowell,

liam R.

,

White, Weld & Co.; Clark,f
Dodge & Co.; Estabrook & Co.; Equitable Securities Corp.;!

additions

for
share.

and

.

Over-

Gas & Electric Corp. 50,000 shares of 4.10%; ;
preferred stock, series J (par $100).
Purpose,

First

Weeks;

Telephone

Interstate

$3,150,000 California

„

V 4,224,931

$15 per share.
Offered by company for
stockholders, without underwriting.

Price,

PUBLIC
1

28,000

par).

subscription

&

privately

Co.

institutional

bank

Peabody &

International RR. 28,464 shares of capital stock
Purpose, for improvement and modernization

Spokane

Inc.

Stearns

Bear,

C.

J.

&

curities

.

repay

Co.;

offering prices.)

program.'
-

Butcher

Corp.

stock

Placed

States

other

Reynolds

"//•

Co.,

&

J. Barth & Co.; Bakter.
Co.; Blair, Rollins &

Kraus;

&

Burge

Co.;

and Co.;
Clayton Se¬
Drexel & Co.:
Dreyfus & Co.; Francis I. duPont & Co.; Eastman, Dillon
&
C6.; Emanuel, Deetjen & Co.; Farwell, Chapman &
Co.; : Foster & Marshall;
Freehling,. Meyerhoff & Co.:
G.
C.
Haas
& Co.;
Hayden, Miller & Co.; Edward D.
Jones & Co.; Laird, Bissell & Meeds; Lee Higginson Corp.:
Laurence M. Marks & Co.; Mullaney, Wells & Co.; Rogers
S. Palmer
Co.; Reinholdt & Gardner; Reynolds &
Co.:
Irving J. Rice & Co., Inc.; Rodman & Linn; Schoellkopf.
Hutton
&
Pomeroy,
Inc.;
Shields & Co.; William R.
Staats & Co.; Straus, Blosser & McDowell; Sutro & Co.;
Swiss
American Corp.; Talmage.& Co.; Walston &
Co.,
Inc.;

Co.,

•

Gas

Electric

&

United

and

The

sold.

RAILROADS

Rothschild

F.

privately with The Equitable Life Assurance Society

$100.50

by

Inc.;,

stated par value are taken at par, while pre¬
par value and all classes of common stock are

a

Gas

cumulative

■v/

STOCKS

(Preferred

••

Co.

Co.,
:

Hibbs

B.

■

-

5,000,000 Rochester

Hydro

improvement,

Smith, Barney & Co.; The Domin¬

All

Nolan-W.

cumulative preferred stock (par $1001.

&

due

debentures

Ontario

L.

Co.;

Price, $37.45 per share.
Offered by Lehman
American Securities Corp.; Ames, Emerich &

Ball,

All sold.

Inc.

3Vb'/«
advances

of

Inc.;

Co.

The First Boston Corp.;

Young,

for

accrued

and

Ripley

Weir,

Canada

Purpose,

Commission

Power

Harriman

ion

Young,

-(Province--of),

March

etc.

and

Inc.,

30,000,000 Ontario

Hallgarten .&

construction.

new

Co.

Larney & Co.; The Dominion Securities Corp.;
&

Folger,

-

loans.

Inc.;

Williams .&

>

.

con-'

50,000 shares of
$1001.
Purpose,
through The First 1
Boston Corp. with New York Life-insurance Co.; Guaranty \
Trust Co. of New York (trustee of various pension Trusts
as
Agent); Mellon National Bank & Trust Co.
(trustee
and agent), and 14 other institutions.
;

for

Placed

Inc.;,

Co.

&

and

*6,500,000 Oklahoma

Inc.; The First Boston Corp.; Smith,
A. E. Ames

Wood, Gundy & Co.,

A.

*5,000,000 New York State Electric &
4.15%
cumulative
preferred

/

$20,000,000 Ontario
i

1

.;.V:subscribed.

par.!
fiscal

York

New

Purpose, for new

•

White, Weld & Co.; Alex. Brown & Sons;

Co.;

,

Utah Power & Light Co. 200,000 shares of common stock
(no par).
Purpose, for new construction and to reduce

Co.,

DeHaven & Townsend,. Crouter & Bodine; Clement;
Evans & Co:; Inc,; The Illinois Co.; Emanuel, Deetjen

Co,

agent.

$97,640,000

.

consolidated de-!

capital.

Newcomb,

G.

1

&

Completed.

& Co.
bank

Co.;

v

comb, New York fiscal agent.

35,360,000 Federal Intermediate Credit Banks 1.30%

Walker & Co.; Dean Witter & Co., and Yarnall, Biddle

j

j

^$7,490,000

Offered

Fenner & Beane;

Co.,

Barney & Co.; Spencer Trask &
Co.; Tucker.
Anthony & Co.; Underwood, Neuhaus & Co.; Union Se¬
curities
Corp.;
Vietor,
Common,
Dann
&■ Co.;
G.
H.

struction.' Price, $102.21 per share and accrued dividends. :
by Kidder, Peabody 6c Co.; Merrill Lynch, Pierce,

;

1955.'

3,

Webster Securities

Weld & Co.;

&

Brothers;

lative preferred stock (par $100).

j

consolidated

1.50%"

Banks

1954

1,

{

.

Baird

Smith,

Oversubscribed.

Co.

t7,000,000 Louisiana Power & Light Co. 70,000 shares of 4.16% cumuf

,

at

The First
Boston Corp.;
W. C. Langley & Co.; Blyth & Co., Inc.; j
Smith, Barney & Co.; Glore,
Forgan & Co.; Goldman,
Sachs & Co.; Harriman
Ripley & Co.,
Inc.; Hemphill,
Noyes & Co.;
Kidder, Peabody & Co.;
Merrill Lynch,
Pierce,
Fenner
&
Beane;
Stone
&
Webster Securities i
Corp.; Union Securities Corp.; White; Weld & Co.; Carl j.
M.
Loeb,
Rhoades
&c
Co.;
Paine,
Webber,
Jackson & '
Curtis; Salomon Bros. & Hutzler; Shields & Co.; A. C. (
Allyn & Co., Inc.; W. E. Hutton & Co.;
Laurence M.' •.
Marks & Co.; Tucker, Anthony & Co.;
H. Hentz & Co.,
and

par

debentures, series A, B, C and D, due

respectively.

general

the

of

and

Offered

bank

repay

Co.

&

Rodar Co.,
June

$101.98 per share and
Union Securities Corp.;

Lighting Co. 70,000 shames of 4.25%> cumula- ;
preferred stock, series D
(par $100).
Purpose, to

tive

1,
1954 and due March 1, 1959.
Purpose, for general cor-;
porate
purposes.
Placed
privately through William R.j

100,000

by

preferred

loan

Mitchum,

writing.

Inc., first mortgage note dated March

Dealers,

Co.

cumulative

bank

Price,

7,000,000 Long Island

MISCELLANEOUS

Gas-Oil

Purpose, to repay bank loans

Spencer Trask

Inc.;

cumulative

4.12%'

of

W.

Oversubscribed.

Co.

Telephone

repay

shares

15,000

Offered

Co.,

6c

&

1,500,000 General

per

*$2,300,000

dividends.

Allyn

Smithers

to

Notes

Co.

100,000 shares of 5.12%
$100).
Purpose, to re¬
share and accrued

Bacon, Whipple & Co.; Robert
Inc.; Blyth & Co., Inc.; Bosworth, Sul¬
livan
&
Co., Inc.; Central Republic Co. (Inc.); Clark.
Dodge & Co.; E. W. Clark & Co.; C. C. Collings & Co.,
Inc.; DeHaven & Townsend, Crouter & Bodine; Dillon.
Read & Co. Inc.; Dittmar & Co.; Drexel & Co.; Equitable
Securities Corp.; Estabrook & Co.; The First Boston Corp.;
First Southwest Co.; Fulton, Reid & Co.; Glore, Forgan
& Co.;
Goldman, Sachs & Co.; • Hallowell, Sulzberger &
Co.; Harriman Ripley & Co., Inc.; Hemphill, Noyes & Co.;
Hornblower
&
Weeks;
Kidder,
Peabody & Co.;
Kuhn,
Loeb & Co.; W. C. Langley & Co.; Lee Higginson Corp.:
Lehman
Brothers; Laurence M.
Marks & Co.;
MasonHagan, Inc.; A. E. Masten & Co.; Merrill Lynch, Pierce.
Fenner & Beane; Merrill, Turb'en & Co.; The Milwaukee
Co.; Mitchum, Tully & Co.; Morgan Stanley & Co.; F.
S. Moseley & Co.;
Mullaney, Wells & Co.; W. H. Newbold's Son & Co.; The Ohio Co.;
Pacific Northwest Co.;
Paine, Webber, Jackson & Curtis; Prescott, Shepard &
Co., Inc.; Reynolds & Co.; Riter & Co.; Rowles, Winston
& Co.; Salomon Bros. & Hutzler; Schmidt, Poole, Roberts
& Parke; Schoellkopf, Hutton &
Pomeroy, Inc.; Scott &
Stringfellow; Chas. W. Scranton & Co.; Shields & Co.;

White,

Corp;

,

shares

76,399

construction.

new

accrued
A.

Including Five Years)

Co.

Electric

for

and

5Vi%■

and

Electric

preferred stock (no pari.

$26,250,000

Short-Term Bonds and

cumulative

pay bank loans.
Price, $100.37 72 per
dividends.
Underwritten by Stone &

,

of common stock (no
par).
Purpose, to repay bank loans and for new con- i
struction.
Price,' $28 per share.
Offered by company
for subscription by common stockholders.
Oversubscribed.
Stone & Webster Securities Corp. acted as dealer manager,

100%%
and
accrued interest.
Underwritten
by Merrill
Lynch, Pierce, Fenner & Beane; Goldman, Sachs & Co.;
White, Weld & Co.; Hornblower & Weeks; Paine, Webber,1
Jackson & Curtis; Childress & Co.; R. S. Dickson & Co., '
Inc.; Equitable Securities Corp.;. Laurence M.
Marks &
Co.;

Sanalers & Newsom; Schneider,
and Chas. W. Scranton & Co.

2,139,172 El
V 2

Price,

($5,600,000).

purposes

Rotan, Mosie and
Bernet & Hick-

Rauscher, Pierce & Co.;

Wells, & Co.;
Cooper;

Gas Transmission Co.
preferred stock (par

10,000,000 Tennessee

Marache & Co.; John Kormendi Co.; Mullaney,

Granbery,

without under¬

stockholders,

writing.

7

(55)

The Commercial and Financial Chronicle

...

Saunders,

Butcher & Sherred; Charles A, Taggart 6c Co., Irn ;
Kuch & Co.: Stirling, Morris & Co.; McKelvey i:

G.

(Continued on page 8)
issues placed privately,
indicates issues sold competitively.
Vindicates special offering.
•Represents

8

The Commercial and Financial Chronicle

(56)

Deetjen

Steele &

Fauset,

400,000 Foster-Forbes
oonvertible

pansion

Glass

Co,

6%

cumulative

to

and

Indianapolis

Bond

Co.

by

Brewing

'•■•v

by

shares

Co.;

(147,728),

Simons

Bradford

&

Underwritten

.

McFawn

Nauman,

Baker,

common

A.

Rollins

Co.

&i

J.

Inc.;

Hayden,

Co.;

&

Noyes & Co.; Johnson,
Lemon
&

&

Charles

Co.;

Scott,

Bennett

Parcells &

A.

Horner &

Inc.

C.

Co.;

Wm.

-

Inc.;, Johnston,

Roney &

C.

Chemical

stock

common

of

shares

75,000

Works

class

Edwards

&

Edward

Brothers;

Hill

Sons;

Jones

D.

*$12,500,000 Associates

Walker

&

(par

Research

Offered

cent).

one

Purpose,

capital.

working
Tellier

Co.

&

Price,

"as

to

15

per

Jackson

Co.

Wire

stock

for

five

(par

Corp.

cents).

equipment.

shares of

for

work

&

Emerson

Miller,

&

&

•

118,800 Ryan-Evans

Drug

Saunders,

Stiver

expansion.

for

by company

to pubiic,

&

Co.;

of

Price,

$11

Co.;

Shield

Chemical

(par

10

$1.50

per

cents).

&

of

working
&

Co.

stock

common

capital.

Inc.

"as

Price,

capital,

(par

$1

10

cents).

Co.

shares

Offered

of 4%%

convertible

preierred

bank

and
for
general
corporate
stockholders and $54.50 per

at

loans

to

par

b"'

holders.

stocx

Co.;

Unsubscribed

Inc.;

Central
Richard W.

Co.;

California

Hill

shares

share

(3,170).

of

Sachs

&

Son

&

&

Gross,

Co.;

First

&

Harriman

Co.;

by

&

Kalman

Co.;

J.

&

Co.;

Co.,

&

working

.
.

capital.

;

\

.

Lehmon

Brothers.

offered

for

Of

Lawson,

J.

Co.;

Hilliard

B.

Hess

80,000

shares

Irving

Co.;

to

bank

repay

loans

and

A.

&

Miller,

&

Lazard
Legg

Fenner

&

C.

Carl

Co.;

&

pose,

Oil

to

Co.

California

of

convertible

banx

repay

and

shares

stock
for

(par

McAndrew

Co.;

&

'198,081

Corp.

Purpose,
etc.

to

300,000

&

Price,

"as

at

par.

&

of

comomn
stock
(par $1).
develop oil and ga, leases,
Offered
by
Langley-Howard, Inc.

and

to

INVESTMENT

TRUSTS,

stock

Enterprises,

(par 25
for

and

Horner

by

Mason,
Co.;

Hancock.
Law

&

Co.;

J.

CO'S.,

Co.;

Saunders,
C.

F.

Sills,

j

H.

Stiver

$8

Space

per

&

-Rauscher,

of

144,130 Red

share.

Co.,

Pierce

Under¬

Inc.;
&

&

Co.,

&

Co.,

Inc.;

J.

Co.,

Inc.;

Co.

Holding

Hallowell,

Inc.;

&

&

&

Co.,

&

&

The

Co.;

Cook

The

Co.;

&

&

100,000

$1).

$3 per share.

Purpose,

Offered by

for
L.

H.

$1).

Poole,

Shields

of

&

Stroud

Co.;

Rothchild

&

Co.

&

Co.,

of

Price,
&

7%

cumula¬

$166.62%

Co.

per

The

and

First
„

Watling,

Co.,

&

&

Nicolaus
Stone

Price,
by

a

per

common

(no

par).
Inc.

Co.,

&

1,000 shares

share.

per

of

common

Offered

by

shares

$28.75

of

4.80%

share.

per

pre¬

Offered

•

Inc.;

&

L. F,

Parke;

&

Trask

&

Hilliard

&

Smithers

&

Wulff,

Hanson

Stern,

Inc.^

Stone
J.

Youngberg;

Co.;

&

Tucker,

Co.;

&

for

for
by

working

Anthony
&

Walker & Co.;
C.

White

N.

Watling,

&

F.

■

-

&

&

Blyth

by

4.500 shares of common stock (no
share.
Offered by Lee Higgin¬

shares of class A stock
share.
Offered
by A.

Corp.

$100).

Co.,

&

$5).

(par

Becker

G.

of

shares

5,000

Price,

Inc.

$105

$5).
Becker

(par

G.

4%%
share.

per

Completed.

$5).

Read

Hemphill,

Co.;

Price,

Co.;

&

Noyes

&

and

Co.

W.

E.

J.

J.

Hutton

B.
&

Paine,

&

& Co.;
Webber,

Co.;

&

Gardner;
Co.;

Pierce,

Fenner

Milwaukee

The

Moseley

Co.;

Jackson

Rauscher,
Reynolds

&

Merrill,

Beane;

Moroney,

Newhard,

Beissner

&

Cook & Co.; The
&
Curtis;
R.
W.

Pierce & Co. Inc.;
Co.; Riter & Co.;

&

Rein¬
L. F.

Russ & Co.;

Shearson, Hammill & Co.;
Shields & Co.; Singer, Deane & Scribner; F. S. Smithers
&
Co.; William R. Staats & Co.; Starkweather & Co.;
Bros.

&

Stone

Boyce:

Webster

&

Securities

Corp.;

Sweney Cartwright & Co.; Spencer Trask & Co.; Tucker,
Anthony & Co.; Underwood, Neuhaus & Co.; Union Se¬
curities Corp.;. G. H. Walker &r Co.; Chas.
B. White Si
Co.; White, Weld & Co.; Dean Witter & Co., and Harold

by

E.

Wood

&

Oversubscribed.

Co.

Caribbean

90,000* Trans

Offered

per

Weeks;

&

Price,

etc.

$2

Hornblower

Lynch,

Co.;

S.

Rothschild

Stein

Higgins;

for subscription

&

stock

common

Offered

Transmission

Son;

Co.;

holdt
—

underwriting.

Lerchen

of

per

(par

(par

Pressprich
/

Oversubscribed.

Co.

working capital,

capital.

shares
share.

per

Transmission

Merrill

Co.;

Ohio

12,000 shares of common

Offered-by-company

per

Dillon,

&

Turben

S.

Henry

Chisholm

Johnson^

&

Blyth

by

Johnston, Lemon & Co.; Kuhn, Loeb & Co.; W. C.
Langley & Co.; Lazard Freres & Co.; Lee Higginson Corp.;
Carl
M.
Loeb, Rhoades & Co.; Laurence M. Marks &
Co.; A. E. Masten & Co.; McDonald & Co.;
McDonnell

Co.;

Co.;

&

Co.,

&

Co.;

&

stock

common

Co.;

Sutro

Wilson,

of

Offered

-

8,236

$17.50

Blyth

Miller

&

Inc.; G. H.

Lerchen

Co.;

shares

share.-

per
.r

Inc.,

stock

by

by

Agnew

Varnedoe,

Corp.;

11,115

Corp. 200,000 shares of com¬
Price, $17.25 per share.
Under¬
& Co. Inc.; A. C. Allyn & Co.,
Inc.; Bacon, Whipple & Co.; Robert W. Baird & Co.,
Inc.; Baker, Weeks & Co.; Ball, Burge & Kraus; A. G.
Becker & Co.
Inc.; Blyth & Co., Inc.; Alex. Brown &
Sons; Chaplin & Co.; Clark, Dodge & Co.; Courts & Co.;
J. M. Dain & Co.; Dittmar & Co.; Dominick & Dominick;
Equitable Securities Corp.; The First Boston Corp.; First
Southwest Co.; P'olger, Nolan-W.
B. Hibbs & Co., Inc.;
Fulton, Reid & Co.; Harriman Ripley & Co., Inc.; Hay¬

stock

by

B.

10

(par

G.

Inc.

Airways,

20,000

cents).

shares

Price,, $2.50

Phillips & Co.

of

class

per

A

share.

Oversubscribed.

(par

share.

94,000 Transcontinental
common

Mullaney,

Offered

stock

Gas

(par

Pipe-

50

Line C»rp. 4.000
Price, $23.50
Completed.

cents).

by Blyth & Co., Inc.

Shares of
share.

per

Oversubscribed.

per

share.

Purpose,

share.

Biscuit of
America
14,332 shares
of common
(no par):
Price, $39.50 per share. Olfered by Gold¬
Sachs & Co. Completed.

566,114 United
Insurance

(par $10).

Co. 15,000 shares of class

stock
man,

Purpose, for working capital,

Offered by company

to public,

(par

for

Offered

working
by

common

capital,

company

for

etc.

&

stock

Price,

Timber- Co.
Price, $77.50
Completed.

155,000 Weyerhaeuser
$25).

So^

Inc.

2,000
per

$57,632,872.

subscription

stockholders, without underwriting.

•Represents
}Indicates

$49,257,541

by- Blyth

10,000

Price,

Inc.

1,700

Gas

Deane

&

Inc.;

stockholders,-without

$20).

stock

B

(no

Hailgarten

*

Completed.

stock

Singer,

S.

F.

Co.,

Purpose,

share.

Price, $20

(par

by

*

.

class

$49

Co.

$17.87%

Corp.

Eastern

written

Co.; Wood, StrutherS & Co.; Woodard-

and

preferred stock

$24.70

of

stock

common

..

Inc.,
6,500 shares of "class B
stock
$12.87%
per
share.
1 Offered
by A.
Inc.
Completed.

Co.,

mon

Co.; Shear-

&

Brothers

Stern

&

Spencer

Weld

Wood

Co.

Price,

$13.50

Inc.,
Inc.

3,450,000 Texaxs

Hop-

without underwriting.

and

"as

>

Offered

Offered-

Inc. ' Completed.

$12.87 %

Co.

Shuman,

Inc.;

Co.;

&

Co.;

Securities

Co.;

Purpose,

Wells

common

capital.

common

Completed.

preferred

Gardner;

&

Roberts

Co.;

&

Harris,

&

300,000 Reliance National Life

speculation."


V


Reinholdt

Inc.;

1,235,000 Sibley, Lindsay 3c Curr Co. 50,000 shares of

shares

working

Co.,

Corp.;

Underwritten

•

(par

Quail

Co.;

270,320 Pioneer Finance Co. -135,160 shares of common stock

Co.;

Oversubscribed.

Corp.

of

Inc.

Price,

Price.

Olfered

Ohio

&

Putnam

Co.;

&

Stifel,

(par $10),

common

•

Inc.;

& Co.,

shares

shares

share.

shares

(par; $25).

Ages

of

525,000 Texas

Mil¬

Jackson

Wagenseller & Durst,
&

per

etc.

Sulzberger

H. M. Byllesby

1,000,000

Carton Co.

&

Stores,

Corp.

83,688 Talon,
Price,

McCormick

&

Barney

&

Co.;

&

A

Hess

by Merrill Lynch,

Inc.

Price,

Merrill Lynch,

&

Co.;

Offered

Completed.

Completed.

$3),

Co.,

common
-

M.

A.

,

(no

.•

Products,

Inc.

21,888 Talon,

Co.;

Jaffray

Fox;

White,

stock

Co.;

&

:

„

.

stock

common

*

Electric

&

Co.^

&

Webber,

&

Co.;

Staats

Union

E.

$20

.

Inc.;

Perkins

Woodcock,

Harris,

-

Inc.;
F.

McCarley & Co.; Atwill

&

Scott,

Co.,

Co.;

&

&

Stroud

etci.,

of

$100).

per

1,800

'

& Co.,

Owl

(par

Lehman

Piper,

240,000 General Guaranty Insurance Co.

common

Co.;

&

Hopkins

Co.;

Hilsman
&

Cassell

300,000 Commodity
stock

J.

Tindall

&

Fairman

Cabell

Price,

•

Lane,

shares

to repay bank loans,

Inc.

Co.,

State Oil Refining Co. 45,658 shares of common
(par
$10).
Price,
$23.37%
per
share.
Offered
Stone & Webster Securities Corp.; White, Weld &
Co., and A. G. Becker & Co. Inc.
Oversubscribed.

ETC.

Howard, Weil, Labouisse, Friedrichs

Blackstock

W.

etc.

Ine.;

•

250,000

Purpose,

Johnson,

&
&

Inc.,

cents).

acquisitions,

written

Courts

Co.;

Harold

.

TRADING,-HOLDING

Merrill

by
&

by

&

Paine,

Securities

&

Walston

!

$2,000,000 Chemical

stock

common

stock

Co.;

Elwood

,

&

1,067,256 Quaker

Rhoades &

Marks

Frank C. Shaughnessy

Co.;

&

Meyer

Swift

"Co.;

.

$12,165,080

Co.

share.
--

$1M Price,

& Co.,

Inc.;

Co.;

Schmidt,

Co.;
&

Smith,

Co., Inc.;

speculation."

a

Blyth

&

Kidder,

Co.;

Inc.;

The Robinson-Humphrey

Fairman

Webster

Strauss
.F.

"

'

•
.

shares

&

R.

Frank,

-

loan

repay

by

stock

Completed.

(par

$12,501.

Gas

Purolator
(par

Co.;

Baerwald;

&

Pierce

Co.;

Sills,

Co.

per

stock

Blyth

by

&

Miller

Newhard,

Pressprich

W.

Kammill

William

Price, at par (flat). Underwritten by ShearHammill & Co.; J. Barih & Co.; Sutro & Co.; Diniel
& Co.; Dempsey-Tegeler &
Co.; Stewart, Eub&nks,
Meyerson & York,
and
Gross,
Rogers, Barbour, Smith

300,000 Onego

R.

Scribner;

son,

Oversubscribed.

shares

by

$67,62%

(par

ferred

Pur¬

ing capital.

Co.

of

Blyth

:

stock

Eberstadt & Co.,

den,

Reeves
&

by

Offered

and

Morgan Stanley
Oversubscribed.

&

$92

287,500 Pacific

Langley &

Freres

M.

Co.

&

Revel

Northwest

Pflueger

Rauscher,

son,

work¬

and

(par

common

common

Offered

shares

./

(EH)

stock
F.

Kaiser &

Co.;

Loeb,

McDonnell & Co.;

Beane;

Pacific

Curtis;

Schwabacher

5%%

of

$25).

expansion

Beane.

49,000 New Haven Board

Mitchum, Tully & Co.; Morgan Stanley & Co.;

Rothschild

(par $1).

for

50,000

preferred

loans

of

Co.

Hooker

C.

&

M.

Laurence

&. Co.;

Inc.;

Moseley

Co.;
cumulative

by

Underwritten

of

share.

Beane

Harvester Co. 39,000

Price,

Price,

McFaul;

Inc.;

Kidder

M.

John

Ryons

Lundborg

Reynolds &

working capital.
Price, $10 per share. Offered by company for subscription
by stockholders, without underwriting.
Oversubscribed.
1,250,000 Douglas

share.

per

70,568

Harvester

Completed.*-*

Smith
Wm. P.

&

Weil,

Williams;

Corp.;

McDonald & Co.;

S.

Co.;

first

were

share.

20,000

&

Co., and Shields & Co.

165,600 Lilly

/'/•*"

Hemphill,

Son;

&

Howard,

Mellen

Inc.;

&

Levy

HJg;ginson

wood;

stockholders.

by

10,317,580 Delhi Oil Corp. 1,031,758 shares of capital stock
Purpose,

&

common

bank loans and for
share.
Underwritten by

per

total,

subscription

of

&

&

Pierce,

repay

$3.50

Price,

shares

stock

shares

shares

$101.50 per share.

Corp.

par)..
.

Corp.;
&

Co.

&
Co.;

&

Frank Knowlton & Co.; W.

& Co.;

Company;
85,000

preferred

+676,250 Johns-Manville-Corps-, 10,000"shares:ofi

Corp.;

Foster

Talbot;

Ripley

&

Weeks;

Joseph,

Co.;

waukee Co.;

to

common

Offered

.

Offered

son

Illinois

F.

Corp.

of

share.

15,000

per

per

Co.

Co.

Boston

OIL

Purpose,

$42.50

Oversubscribed.

$30.25

Fenner &

par).

Mason-Hagan,

Ayons & Co., and Little & Hopkins, Inc.

$1).

Si

Fenner

preferred

60,750 Rock

&

$19,843,426

Exploration

shares

per

7%

7,500

$32.50

R.)

Price,

tive

Labouisse,

Co.;

jrrrst Boston
corp.; Harriman Ripley & Co.,
Inc.;
& Webster Securities Corp.; Eastman: Dillon & Co.;
White, Weld & Co.; Shearson, Hammill & Co.; George D.
B
Bonbright & Co.;
Sage,
Rutty & Co., Inc.;
Lester,

(par

of

$7

Co.

Price,

Pierce,

share.

&

Brothers; Lester,

Toe

stock

(W.

3,900,000 International

Barbour,

&

Stone

Hayden,

Herrman

Henry

Hornblower

Lee

stock¬

Stone

$297,500 Dakamonf

cumu¬

Price,

stock
(no
par).
Price, $28.50 per share.
Offered
by
Morgan Stanley & Co. and The First Boston Corp. Over¬

Cooley

Co.;

Forgan

Rogers,

Hannaford

Co.;

&

Co.;

Peabody

pubiic.

Underwritten

$50).

Oversubscribed.

27,400

California

common

Cleveland

Glore,

Sons;

&

Co.;

&

Miller

Richards

Co.;

Price,

to

cominon

Inc.

Price,

Price,

28,500,000 International

National

Republic
&

Southwest

First

Garrett

The

repay

purposes.

by

(par
Co,

Completed.

par)..

Friedrichs & Co.; E. F. Hutton & Co.; W. E. Hutton & Co.;

for

Teden

to

Price,

without

Clarke

Collins

J.

The

Co.;

Corp.;

Robert

Hailgarten

Noyes

cumulative

Purpose,

rubscrii>ti"n

for

comn°nv

$o0).

vpar

B

$52,37%

shares

of

$1).

$4).
Inc.

Pierce,

of

299,000

by

A

Of¬

common

Co.;

&

Michigan

Co.;

share.

per

72,025

&

Price,

Purpose,

class

Elworthy & Co.; Equitable Securities Corp.;

First

Harper

stock

speculation."

a

3,601,250 Stromberg-Carlson

Orf"red

Corp.

shares

acquisition

for

Bobbins

&

Dodge

Co.;

of

Fay;
Products

of

Completed.

-

&

share.

etc.

Co.

7,162,652 Ingersoll-Rand

"as

& Co.; Clement A. Evans & Co., Inc.;
Fahey,;
Co.; Farwell, Chapman & Co.; Ferris & Co.; Fewel

Co.;

First

L.

stock

per

(par

Barth

J.

par.

Estabrook

Marshall;
Goldman,

common

stock

by

shares

•

Crowell, Weedon & Co.; Cunning¬
ham, Gunn & Carey, Inc.; Curtiss, House & Co.; J. M.
Dain & Co.; Shelby Cullon Davis & Co.; Davis, Skaggs &

&

Daggett Securities, Inc.

Water

Clemens

of

working

for

Offered by

Mount

shares

36,185

Oil

Lynch,

stock

common

company,

601,453

Co.

Purpose,

without underwriting.

200,000

Purpose,

share.

299,000 Spa-King
shares

Corp.

by

public

&-Co.;--William

Courts

Hayden,
300,000

of

its
subsidiary.
Price, $57 per share.
by Blyth & Co., Inc.; The First Boston Corp.;
Co.; A. C. Allyn and Co., Inc.; American

Clark,

Clark &

-

common

7,700

Allen &

Price,

Insurance

605,000 Grace

through Salomon

shares

&

Collins

Dillon
.

.

and

H.

Completed.

shares

10,800

Stores

Purpose,

(par $10).
Offered

Inc.;

capital

Offered

Oversubscribed.

Co.

(par

(par

Co.,

Co.; R. L. Day & Co.; Dempsey-Tegeler & Co.; Dominick &
Dominick; Drexel & Co.; Francis I. duPont& Co.; Eastman,

per

Co., Inc., and Bache & Co.

Blyth

Placed

and

Campbell

(Inc.);

share. Offered "as a specula*
tion" by Fulton, Reid & Co.; Fahey, Clark & Co.; Joseph,
Mellen

to

Insurance

$2.50).

Co.

Julien

stock

common

development

cumu¬

refunding

Co., Inc.;
Baker, Weeks & Co.; Ball,. Burge & Kraus;'
Barth
&
Co.; Bateman,. Eichler & Co.; Baumgartner, •
Downing & Co.; A. G. Becker Si Co. Inc.; Bingham, Walter;
&
Hurry, Inc.; Blair, Rollins & Co. Inc.; William Blair
Si Co.;
Blankenship, Gould Si. Blakely, Inc.; Blunt. Ellis.
& Simmons;
Bosworth, Sullivan & Co, -Ine.;- J. C. Brad-;
ford & Co.; Alex. Brown & Sons; Brush, Slocumb & Co.'

working

110,000

Purpose,

Price, $10

4%%

J.

/ at market.
1,100,000 Rand Development

by

Securities Corp.; Bacon, Whipple & Co.; Robert W. Baird &

.21,952

Corp.

Purpose,

of

Purpose,

working capital.
Price, at
public, without underwriting,

Offered

Fund

Witter

Inc.;

Cable

&

$5).

(par

Inc.

Shearson, Hammill & Co.

Farm, Inc.,
18,600 shares of
Purpose, for working capital.

$1).

Underwritten

shares of common
capital.
Price,
$10.50 per share.
Offered by company for subscription by
stockholders, without underwriting.. Putnam & Co. acted
as
dealer-manager.
Unsubscribed shares (372) were sold

230,496 Plastic

stock

common

Placed privately with a group of investors.

par).

Trout

(par

Dean

Curtis.

&

to

share.

Surety
Cement

of

share.

series

by

subscribed.
stock

$7).- -Purpose,

(par

for

company

(par

per

Co.,

Engineering,
par).

Co.

&

$20).

■

($2,800,000).

investors

243,400

Corp.

Purpose,

by

34,282,821 Fireman's

,

120,427 shares of capital stock
for working capital.
Price, $35.50
per share to stockholders and $42 to public.
Offered by
company
for subscription by 'stockholders.' Unsubscribed
share
(3,892).
Underwritten .by.;Merrill .'Lynch,
Pierce,
Fennel & Beane; Blyth <te Co.,- Inc.p The First Boston
Corp.; Kidder, Peabody & Co.; Carl M. Loeb, Rhoades &
Co.; Smith, Barney & Co.; White, Weld & Co.; Central
Republic Co. (Inc.); Hornbolwer & Weeks; :W. F. Hutton
&
Co.; Laurence M. Marks
Co., and Paine, Webber,

4,300,457 Penn-Dixie

*723,700 Deere

underwriting.

speculation."

a

&

(no

Factors

186,000 Berkshire

stock

common

bank loans and for
share.
Offered by

repay

cents

of

shares

per

stock,

Offered

(no

Bache

speculation."

a

stock

shares

125,000 shares

Co.

stock
(par
$100).
for working capital

with 31 institutional

$1).

(par

Co.;

Co.;

2,000,000

Co.

stock

105,000 Douglas

Investment

243,400 Beaumont

$10

300,000 Nuclear

preferred

1,435,075 Combustion

Hutzler.

&

6,500

$43.50

Engineering

share.

per

,

Oversubscribed.

Co.

&

&

lative

Co.;

&

i

lative
preferred
($9,700,000) and
Bros.

of

Offered

5,750,000 Colorado Fuel Si Iron Corp. 115,000 shares of 5%%

underwriting.

privately

shares

share.

stock
(par $1).
Price, $5.62% per share.
by Wilson. Johnson & Higgins. Completed.

243,750 Federal

A

Co.

Price,

C-eleman

stock

Reinholdt & Gardner;
Scherck, Richter Co.; I. M. Simon & Co.; Smith, Moore
& Co.; Stifel, Nicolaus «fe Co., Inc.; Stix & Co., and G. H.
McCourtney-Breckenridge

Ryons

1

Price,

3,000
per

common

MISCELLANEOUS

share.
Underwritten by Newhard, Cook <te Co.;
Heitner & Glynn; Dempsey-Tegeler & Co.; A. G.

Blewer,

Lester,

$22,177,990

per

Ltd.

$8.75

Completed.

fered

Co.;

& Co.

for expansion.

Purpose,

$10).

(par

Co.;

without

preferred stock (par $50).
Purpose, for expansion and
working capital.
Placed privately • with a financial in¬
through F. Eberstad <fc Co., Inc.

$26.50

Crowell, Weedon &
Turben & Co.; Pacific

.

stitution

1,987,500 MaJlinckrodt

43,313

Inc.;

Oil

Completed.

Chemical

Co.

com¬

Co.;

cumulative

5 V* %

of

Co.,

Merrill,

Co.;

&

&

of

Price, $50.50 per share.
Offered
Jackson & Curtis.
Oversubscribed.

Price,

$3.33%).

5,177,990 Southwestern
Investors, Inc., 479,000 shares of capital
stock (par $1).
Purpose, for investments.
Price, initially
at
$10.81
per
share.
Offered by corporation to public,

McDonald-Moore

Co.;

&

shares

25,000

Sullivan &

Husky

Inc.

shares

30,000

$20).

Webber,

$1).

Co.,

28,275 Ctorox

McCourtney-Brecken¬
ridge & Co.; Stix & Co.; Watling, Lerchen & Co., and
Brush,
Slocumb
&
Co.
Inc.
Oversubscribed.

Hemphill,

Co.;

and Watling, Lerchen

Inc.,

Mason,

•1,250,000 Hewitt-Robins,

&

Lane, Space & Co.,

Manley,

Co.;

Stone

&

son

Co.;

Ferris

Co.;

&

Rauscher, Pierce & Co. Inc.; William R.
Staats
&
Co.; Walston & Co.; Ball,
Burge & Kraus;
Bingham, Sheldon & Co.; William Blair & Co.; Campbell,
McCarty & Co. Inc.; J. M. Dain & Co.; Carter H. Harri¬

Campbell, McCarthy & Co.; Inc.; Cohu
& Co.; Courts & Co.; Doolittie & Co.; Francis I. du Pont
&

D.

Bosworth,
McCormick

Northwest

and

expansion

(par

&

Manufacturing Co.

(par

Paine,

26,250 Canadian

Beane;

Co.;

Van Alstyne,- Noel &
C. Allyn & Co., Inc.;

by

Co.;

&

Blair,

Co.;

&

for

Co.;

by

Dodge & Co.; Carl M. Loeb, Rhoades &
C. Allyn & Co., Inc.; Fulton, Reid & Co.; Ed¬
Jones & Co.; The Milwaukee Co.; Stroud & Co.,

A.

ward

convertible

60-cent

&

stock

mon

Clark,

Co.;

Co.;

Offered

par.

(flat). Offered by company
stockholders.
Unsubscribed

Price, at par

subscription

of

Purpose,

$10).

(par

working capital.
for

at

$1).

(par

&c

Hornblower

Inc.;

shares

200,000

Oo.

stock

preferred

Price,

working

Marache,

2,000,000 Goebel

common-stock

capital; etc.
Dofflamyre & Co.

for

Purpose,

of

shares

250,000

Peabody

Stone
&
Webster
Co.; Blyth & Co.,
Merrill
Lynch,
Pierce,

White, Weld & Co.; Hemphill, Noyes &
Weeks; W. C. Langley & Co.; Dean
Witter
&
Co.; Robert W.
Baird & Co.,
Inc.; Central
Republic Co. (Inc.); Lee Higginson Corp.; Laurence M.
Marks & Co.; F. S. Moseley & Co.; The Ohio Co.; Shields

Co.;

&

250,000 Glasspar

Corp.;

Kidder,

Inc.;

Fenner

&

Representing: New Financing:

$1,515,000 Aliis-Chalmers

Jackson &
Curtis;
Mitchum, Tully &

Webber,

Securities

(par

& Co., Inc.,
Oversubscribed.

Corp.

Paine,

capital.

Hughes

sperger;

subsidiaries.

and

Cp.,

$50;.
Purpose, for ex¬
Price, at par and accrued
residents of
Indiana
by Raffen-

working

Offered

of

shares

8,000

stock

preferred

and

dividends.

Share

Co.

I

&

Issues Not

$20).

(par

Co.;- Hanrahan
Oversubscribed.
&

•

Telephone Corp. 300,000 shares of common stock
Purpose, lor investment in and advances to
Price,
$49
per
share.
Underwritten
by

14,700,000 General

(Continued from page 7)
Emanuel,

Co.;

Monday, July 5, 1954

...

issues

issues

placed

sold

privately.

competitively,

tIndicates special offering.

1

shares of common stock
share.
Offered by Blytb

.

Number 5339

Volume 180

limited

General

(57)

The Commercial and Financial Chronicle

...

Corporation and

amounts

purchase

to

in the

severally,

June

on

by

25

Waterfall has been Vice-President

Corp.—V. 179, p. 2595.

;

350,000

Blunt

Ellis

&

Wet

ry.

railway._____

from

Wet

; $1,660,292

railway____

from

713,987

'

income—

oper.

V 523,623

•

f

1952
1951
$2,056,130 ; $2,014,695
832,574 '
786,613
; 818,842
709,651

770,984

-

'

From Jan. 1—

Gross

railway
railway

from

Wet

from

Net

ry.

—V.

income
2703.

oper.

179, p.

8,442,954
2,852,734

<
.

1,817,517

-

1.

■

'

3,942,723

Clark, Dodge
L.

On

June

Fund

this

21

1,000.000

program

Investment Firm

into

an

,Thet

to

issued

were

and

:

the
by

previously

stock

common

June 17 and as a result, 335,002 shares
for
a
total consideration to the Fund .of
on

21

June

on

additional

of

sale

t

completed

was

#4,937,929, at the rate of $14.74 per share.

certificates

No

be

the

rate

$14.74

of

fractional

for

shares resulting from the stock split
shares will be paid, in cash at

fractional

Instead,

issued.

will

share.—V.

per

179,

company

filed

25

June

on

a

2471.

p.

'

Goldman, Sachs & Co._

statement with the
be offered
York. The
for equipment, etc.

*t
aet

proceeds

be

to

are

used

to

pay

250,000

J.

J.

Colorado

P.

by

application

this

debentures.

fund

Commission

U.

has

set

a

hearing

July

12

on

an

to issue $1,900,000
of 3%%
sinking
proceeds, together with other funds, would be

company

The

debentures, including $525,000
$682,000 of 4y4%>
securities.—V. 177,

used to refund $1,919,000 of outstanding

$712,000 of

37/a%,

of

and

4%

2783.

p.

Hilliard

B.

E.

Hutton

Johnson, Lane, Space &
Co., Inc.
—V. 179, p. 2806.

The

ing by the company
Read

Inc.

Co.

&

of the new debt securities, $27,900,000 of outstanding notes will be exchanged privately for an equal
amount of first mortgage bonds, according to W. E. Mueller, President.
with

Simultaneously

proceeds of the public offering will be used to

The

loans

bank

•f

offering

the

construction.—V.

for

and

179,

Net
Net

ry.

railway—

from

Jan.

from

Gross
Net

from

Net

ry.

—V.

„

$1,322,579

$1,149,359

321,059

422,123

208,898

132,803

income

oper.

From

1951

1952

$1,259,416

96,508

railway

from

1953

1954
$1,138,894
202,681

May—
Gross

38,336

161,060

1—

railway

inceme

oper.

6.528,515

5,420,496
1,106,224
495,937

railway

6,465,096

2,149,130
930,199

1,937,921
715,317

6,162,625

1,694,543
520,905

179, p. 2367.

Inc.—Debentures Offered—
Public offering of $40,000,000 31/2% debentures, series
D, due July 1, 1979 was made on June 29 by a nation¬
wide underwriting group headed by Morgan Stanley &
Co.
The debentures, which were awarded at competi¬
tive sale on June 28 on a bid of 100.419, were priced at
101%% and accrued interest to yield 3.40% to maturity.
Halsey,

Stuart

E.

Edward

Inc.

99.269999,

bid

also

for the debentures

3Vis.

as

The

debentures

new

105.15%

from

are

redeemed

if

subject
during

to

the

redemption at prices scaling
12 months beginning July 1,

after June 30, 1978. A sinking fund,
beginning in 1956, provides for payment in cash or debentures of
#1,250,000 annually or an amount sufficient to retire approximately
70%
prior to maturity.
The initial sinking fund call price will be
101.60 and will decrease to the principal amount after June 30, 1978.
to

1954

the

principal

amount

other funds of the
corporation, including proceeds from the recent sale of $50,000,000
of subordinated convertible debentures, will be available to Columbia
for
its
1954 construction
program
which is currently estimated at
$105,000,000.
Included in
the construction budget are $53,400,000
for additional transmission facilities,' $18,700,000 for new distribution
facilities and $17,400,000 for underground storage projects.
The corporation reports that a large portion
of the proposed ex¬
penditures is required in order to handle and deliver to market
areas the large additional volume of gas to be received by the
System
through th new Gulf Interstate Gas Co. line beginning late in 1954.
PROCEEDS—The

net

proceeds of

the sale

with

is an interconnected
natural gas system
corporation, 14 operating subsidiaries and a service
company.
Gas is sold at retail to approximately 1,216,600 residential,
commercial
and
indtalrial customers in important communities in
BUSINESS—Corporation

composed

of

the

wl&t Virginia, New York, Maryland and Kentucky.

Ohio, Pennsylvania,
Other communities

are served at wholesale.
The System produces a
requirements and obtains the balance under long-term
agreements.
i

directors

purchase

EARNINGS—Total
•OOO

30.

in

1949

1954

to

was

of the System increased from $123,878,-

In 1953. For the 12 months ended April
$242,325,000 and gross income before income

$228,929,000

revenues

deductions

revenues

were

$23,218,000.

CAPITALIZATION

the

fill

to

Authorized

debentures—

•Senior

Sons.

&

member

of

Mr.

the

York

City;

of

corporation

♦No

stock

(without

additional

par

debentures

of

the

filed

21

in August,

made

Willis

1
of

is a

Denver, Colo.—
Commission—

shares

on

Edison

Gale said that on the basis of
market, preferred holders who do not either sell or convert
shares
into
common
before
their right to convert expires will
at

$40

around

approximately
The
the

$7.50

right

close

share.

per

lose

Also

be

its

of

common

June 25 that there were 16,411,353
outstanding as of 8 a.m. June 23.
The
Illinois Gas Co, common stock will involve

Northern

in

to

dividend

1

per
share on that
holders of record at 2 p.m.

to

to

regular

quarterly

Natural Gas Co.—Registers

This company on June

25 filed a registration

$25,000,000 of debentures
competitive bidding.

covering
at

Net

due

1978,

With SEC—

statement with the SEC
to be. offered for public

totaling

with other com¬
will be applied

about Sept. 1, 1954, of the $25,000,000 of
37/8%
debentures
due 1978 presently outstanding.
The outstanding
debentures will be redeemed at a premium of 4.82%
over their prin¬
redemption

on

the provisions of the indenture.

company's 1954 construction expenditures, are estimated
Bids are expected
to be received by the company up

To
The

the

has

SEC
of

The

at $39,300,000.
to 11:30 a.m.

27.

project

crystalized,

has

its

issued

an

order

subsidiaries,

as

ths company to purchase

(1)

Consolidated will acquire
Peoples Natural Gas Co.

Hope Natural Gas Co. and The
respective amounts of $4,000,000 and

of

plan

to

continue our
electronics,"

in re¬

Daystrom
the

devices

Daystrom
Weston

from

for

the

to

Instrument

purchases
the

result

that

221

Weston

voting rights to about

outstanding.
control

electronic

of electrical jneasuring instru¬
Major products include panel

manufacturer

leading

a

tendering arrangement and other
about 73,000 shares outright with
189,000 of the 428,-

the
acquired

has

now

shares

is

and

ments

it

for

has

Daystrom

block of

under

subscriptions

shares of
agreement

stock over the next two years
On May
12, Daystrom asked Weston
55,000 additional shares of Weston stock.

group.

tenders

for

voting
rights to 116,000
stock.
On May 11 an

Corp.

this

purchase

investment

an

shareholders

Through

Navy.

acquired

recently

reached

was

high

Electrical

devices.

aircraft and switchboard instruments, testing
equipment, thermometers and other instruments for both commercial
and laboratory use.
One of the company's major consumer products
is the Weston photographic exposure meter.
Daystrom's sales in the fiscal year ended March 31, 1954, were
$62,473,000 and earnings were $1,459,000 or $2.33 per share.—V. 179,

indicating

instruments,

2703.

p.

Mutual Fund, Inc.—Registers With SEC—

De Vegh
This

the

with

York

New

SEC

stock.—V.

investment

June

on

filed a registration statement
covering 100,000 shares of its capital

company

1954,

25,

179, p. 2140.

Denver & Rio Grande Western RR.-

from

Net

from

Net

ry.

1

1951

1952

$6,115,97*
1,615,479'
752,052

$6,339,541

1/689,672

*$7,249,907
2,177,879

1,047,643

956,054

706,637

28,679,056

34,818,778

31,286,021

29,492,225

9,078,969

12,034,007

8,641,021

8,688,414

5,214,522

5,266,311

3,795,801

4,203,242

$5,889,870

railway

railway

income

oper.

-Earnings—

1953

1954

May—
Gross

1,518,846

From Jan. 1—

Gross

from

Net

ry.

railway
railway

from

Net

income—

oper.

179, p. 2471.

Detroit & Canada Tunnel Corp.—In Liquidation—
directors

The
such

amount

dividend

on

as

April

may

earned

from

share.

The

share)

and from

total

declared

27

dividend In

distribution, from earned surplus (i.e., 25 cents per
capital surplus (i.e., 15 cents per sharet so authorized

board, will be payable July 9,
29, 1954—V. 177, p. 411-

June

first liquidating

the

be necessary, when added to the payment of a
surplus to equal, in the aggregate 40 cents per

the

June

On

the

21,

cents

40

of

per

directors

share

on

stockholders of record

to

to stockholders of record

1954,

on

declared

Date Changed—
quarterly dividend
payable Aug. 2, 1954,

regular

the

the capital stock,
July 1, 1954.

Normally, this dividend would be paid on July 15.
However, in
to
give stockholders the benefit of certain proposed changes
the Income Tax Revision Fill now before Congress,
the payment

order
in

for

date

dividend

the

set for

was

$2,000,000: and

(2) Con¬

acquire 30,000 additional shares of the $100 par common
New
York State Natural Gas
Corp. for $3,000,000.
The
will

use

the

purposes.—V.

funds

179,

p.

for

property

and

additions

other

Aug.

2.—V.

Power

Co.—Bond Offering—Mention was

issue of June 28 of the public

offering of

first mortgage bonds due June 1, 1984,
at 100%
and accrued interest by Kuhn, Loeb & Co.,
Union Securities Corp. and A. C. Allyn & Co., Inc. Fur¬

our

$25,000,000 3%

ther details follow:

i

<

;

L

Shore Line RR.

179, p.

1720.

■Earnings—
1951

1954

1953

1952

$629,596
276,544

$751,164
350,484

$625,802

-t

268,305

$636,633
255,224

income—'

80,124

119,851

84,497

72,108

3,418.222

3,876,725

3,380,167

1,607,789

1,954,885
644,848

1,557,876

3,346,785
1,499,719
383,614

May—
from

Gross

from

Net

ry.

railway—

railway

oper.

From Jan. 1—

Gross

from
ry.

—V.

railway—_

from

Net

railway

oper.

463,910

income—

179, p. 2703.

Devoe

'&

503,297

...

Raynolds Co., Inc.—Stock

Sold—There have

placed for investment, through Shields & Co., New
York, 128,787 shares of class B common stock.
Working control of this company was recently acquired by New
York Shipbuilding Corp.—V. 179, p. 2703.
been

du Pont de Nemours &
"Teflon"—

Co. (Inc.)—To Expand

Manufacture of

A
project to expand
tetrafluoroethylene resin,

du Pont on June 29.
making "Teflon" at the
by

burg,

W.

facilities for the manufacture of "Teflon"
one of the newer plastics, was announced
It will about double present capacity for
company's Washington works near Parkers-

Va.

will be started this summer as an addition,
works unit with which Du Pont began the first
manufacture of "Teflon" in 1950.
'
The decision to expand, du Pont said, reflects a steady rise in sales
of "Teflon" and the company's confidence in its future growth as new
applications for the plastic continue to be found where its rema-k^hle
heat and chemical resistance and its efficiency as electrical insulation
are filling needs never before thought possible with a
plastic material.
Principal uses of "Teflon" now are as gaskets, pipe, tubing, tank
linings, and valve components in the chemical industry and as inslu»Erection

2806.

Toledo

Detroit &

(E. I.)

authorizing
follows:

of

subsidiaries

we

Electric Corp. in Poughkeepsie, N. Y., makes
fidelity Crestwood magnetic tape recorders and
is
a
leading manufacturer of electronic components
for business
machines.
Daystrom Instrument Division at Archbald, Pa., holds a
prime
contract for the
manufacture of complex electronic gunfire

Investments in Unit—

Increase

securities
notes

July

on

25

said.

markets

or

cipal amount in accordance with

(EDT)

of

dividend

of expansion and development with emphasis on

Net

the sale of the debentures, together
in all approximately $26,450,000

proceeds of

funds

the

the

forego

to

securities.

Jones,

specific

no

Net

■'

Consolidated

pany

Chicago time Sept. 22.

2471.

1

■

voted

new

of

payable Aug, .16 to stockholders of record July 27.
President, said the new stock authorized would
Increase Daystrom's financial potential and open the door
expansion, as well as provide additional working capital.

Roy

years.

and

voted a quarterly
company's common stock

50,000,000

shs.

the

declared

at

securities

Stockholders

directors.

issuance

Daystrom has been expanding its sales in the electronics field
cent

have

Co.

cents

20

of

Nov.

179, p.

Gas

Illinois

Northern

of

ro~.de in

issued.

have

convertible

of

issuance

of

the

in

into 200,000 sharesand 2,000,000 shares

share).

per

the

was

the authorized capital

divided

1,056,454.

directors

payable

In

$10

Increase

to

shares,

(without par value)

share,

Jones

on

Thus,

shares.

public

The

to

2,200,000

board

the

rights

further

stock

Edison's holdings of Gas stock will be reduced
from 5,892,484 to 5,236,03o shares.
The
656,454 shares of Gas stock to be outstanding as of result
of the August distribution, added to 400,000 shares sold to the public
last April 28, will raise the total number of shares in the hands of

656,454

the

with

notification

of

July

announced

company

distribution

sale

June 28

on

to

(par

directors
per

used

Mr.

voted

Detroit Edison Co.—Dividend

The

shares

—V.

of

Thomas

date.

the

for

preferred stock

authorized

The
cents

by

preferred into common will continue until
22, 10 days before the Aug. 1 redemption

convert

to

this
their

share.

per

business

of

Mr.

letter

a

4%

of

share),

per

pay

stock

pre-emptive

still

preferred

to

filed

14

cumulative preferred stock to be
without underwriting.
The proceeds
inventory.

shares

1,250,000

discretion

there were
shares of

outstanding.
Call prices are $32 a
the $1.32 and $32.50 a share on the $1.40.
common
and both classes of preferred are currently selling

convertible

used

from

—V.

40,000,000

be issued lp' un-

be

common

Stock—

June 23.

was

Consumers

58,150,000

38,000~000

of

redeem the

to

voted

10,000,000
5,000,000

Inc

June

one

($100

of cumulative

a

Edison Chairman, said that as of June 29
of
$1.32 convertible preferred and 86,026

Gale,

115,920

29

June

on

,,,:«-

$10,000,000

—

Co.,

&

1,000

The stockholders

company's $1.32 and
$1.4o convertible preferred stocks on Aug. 1, 1954.
Since
the
first of the year,
the two classe/s of outstanding preferreds
have
been
reduced
from
2,056,000 shares to about 200,000
through share-for-share conversions into common.
The heavy conversions were prompted by the 1954 dividend to be
paid in Northern Illinois Gas Co. common stock to the holders of
Edison common on the basis of one share of gas stock for each 25
Edison shares.
The record date for this distribution,
which is to be
directors

Loeb

179, p. 2806.

par

Weston

Co.—To Redeem Pfd.

Commonwealth Edison

V.

at

to

to

81,750,000

series mentioned may be

adidtional debentures of other series may




June

on

principal
Co

&

Allyn

corporation

stock
,

letter of notification with the
SEC covering 9,996,000 shares of common stock (par one cent)
to be
offered at three cents per share through Carroll Klrchner & Jaquith,
Inc., Colo. The proceeds are to be used to pay for exploration costs.
The

Kuhn,

a

Daystrom, Inc.—Stock Increased—

Inc.,

Mines,

Uranium

Commercial

whom

of

representatives, are the man¬
firm
commitment basis toamounts of new bonds set forth,
the

on

Securities Corp.

covering

are

Provident
Co. of Baltimore; and the
Ohio.—V. 179, p. 1157.

Atlanta, Georgia;
the
Machinery & Supply

Loeb

C.

also

The

of New

Inc.

below,

named

Corp.,

agreed

Union

offered

$99,950,000

40,000,000
150,000,000
500,000 shs.
value)— 29,500,000 shs.

3%% debentures, series D due 1979—
3%% subordinated debs, due 1964
Preferred stock
($50 par value)
.—
Common

Matthews,

Hotel,

have

respective

Kuhn,

SEC

the Colonial
Savings Bank of

Files With Securities and Exchange

corporate

debentures,

.However,

Mr.

purchasers

Securities

7,473,798 shs.

10,000,000 shs.

value)

par

—Files With Securities and Exchange Commission—

Products Corp. of Boston;

National Food

Carey

succeeding

is

Robert Garrett & Sons.
of the Park Crescent

of

director

a

the

Inc.

who

Dunn,

Mr.
firm

is

Dunn

199,790 shs.

—

Cooperative P & C Family Foods, Inc., Syracuse, N. Y.

pointed out that, since the original board of directors
was formed in June of 1912, a member of the firm
of Robert Garrett & Sons, Baltimore, Md.,
has been represented on
the board. Mr. Matthews is retiring as of June 30, 1954, from Robert
Garrett

547,788 shs.

-

See

company

stock

Outstanding

1

series A due 1975—$110,000,000
3% debentures, series B due 1975
90,000,000
3%% debentures, series C due 1977—
60,000.000

3%

FINANCING

the

^

1,500,000 shs.

value)

par

A.

Duncan

this

stock

Union

and

.

caused by tht resignation of T. Stockton
v'-: ' /'

vacancy

2,025,000

(without

underwriters,

below:

solidated will

GIVING EFFECT TO PRESENT

Co.

control

Chairman of the Board, announced on July
been elected a member of the board

Matthews.

part of its gas
•

stock

to

r_

preferred

for

has

Dunn

1955

due

1%%

stock (without
preferred stock

"While

Duncan,

K.

banks,

pfd.

purchase
,

Commercial Credit Co.—Banker on Board—
Alexander

that

System,

Co.,

&

14,

to

25,000,000

1987

PURCHASERS—The

been

$1.40

Gas

►

payable

aging

37,000 shares of capital stock (no par value)
arranged through Blyth & Co., Inc., it was
announced on June 23.—V. 179, p. 2367.

has

share

Columbia

'■

25,000,000

&

of

ment

The

Colorado & Southern Ry.- -Earnings—

40,000,000

program

retire $29,000,000

2595.

p.

1981

$113,825,000

1984

due

$4.52

650,000
650,000

Co

&

'>/ Dean Witter & Co

filed

par

due

due

series

Common

Columbian Carbon Co.—Private Sale—Private place¬

of first mortgage

$30,000,000

shares of $100

series

series

$4.50

Humphreys Manufacturing Co. of Mansfield,

a
registration statement with the SEC
pipe line bonds, due 1974, and
preferred stock. This first public financ¬
will be underwritten by a group headed by Dillon,

has

company

110,000

25,000,000

Sept.

100,000

Baltimore;

covering

—

Wood, Struthers & Co.

250,000

1977

3V4%

350,000
1,700,000
650,000
1,700,000

Wertheim

650,000

The Illinois Company—

Stores,

Co.—Registers With SEC—

Colorado Interstate Gas

&

Co.
Spencer Trask & Co._-_
Union Securities Corp._
G. H. Walker & Co

100,000

Son

&

Co

&

Cartwiight

Sweney,

*

250,000
650,000
350,000

Henry Herrman & Co._

Mr.

The

1,700,000

—

due

3%

250,000
1,700,000
180,000
'
100,000

Stein Bros. & Boyce—_

Ripley & Co.,

Hayden, Miller & Co.
Hemphill, Noyes & Co.

of

Colorado Central Power Co.—Plans Refunding—

Chas. W. Scranton &
Co.
Smith, Barney & Co.—

1,700,000

Harriman

series

1,700,000

ler

Green, Ellis & Anderson

registration

544,000 shares of common stock (par one cent* to
50 cents perl share through L. D. Sherman & Co., New

covering

•

;
•

"

1975

3Yb%

350,000
650,000

Co

&

Reynolds & Co
" Salomon Bros. & Hutz-

350,000

B.
250,000

Junction, Colo.—Files—

Colonial Uranium Co., Grand
This

Nolan-W.

Putnam

:c

350,000

W.

would have a net asset
value-of $14.74 when the Fund commenced business as an open-end
investment company-* two steps were taken on the same date: a dis¬
tribution of 6 cents per share from undistributed
realised gains was
declared, and a 5 for 3 stock split was effected by the distribution (in
June 21 of two additional shares for each each three shares, on all
common
stock outstanding at the close of business June 18.
each 'outstanding-share

that

order

In

•

Michigan Corp.

Hibbs & Co., Inc

Inc.

offering

referred

650,000
180,000

stockholders.

the

Co

180,000

Folger,

.

investment

open-end

fund." This action was taken pursuant to
recommended by the directors and opproved

previously

&

Fahey, Clark & Co

;

Outstanding

27/«%

Newhard, Cook & Co._
180,000
Paine, Webber, Jackson
& Curtis
1,000,000
Phelps, Fenn & Co
650,000
R. W. Pressprich & Co. "1,000,000

Securities

Corp.
Estabrook

FINANCING

due

180,000

Lynch

1,700,000
350,000

Fulton, Reid & Co

converted

was

Co.-l__

Dominick_

Francis I. du Pont & Co.

Equitable

"mutual

or

&

Drexel & Co

•

Offering Completed—

company

&

Day & Co._

First of

—Stock

Co.

Field, Richards & Co.

Colonial Fund, Inc.—Now Open-End

;

Sons

PRESENT

TO

$500,.000,000

series

Cumul.

1,700,000

bonds

mortgage

27/a%

of

100,000
180,000
1,700,000
100,000
1,700,000
650,000
1,700,000
180,000
250,000
;
250,000
180,000

EFFECT

Authorized

$250,000

Kuhn, Loeb & Co.W. C. Langley & Co
Lehman Brothers
350,000
McCormick & Co.
180,000
McDonald & Co
650,000 * ' Merrill, Turben & Co.-180,000
The Milwaukee Co._
650,000
Moore, Leonard &

Inc

Clark &

Dominick

J

,

W.

R.

10,182,313
4,534,807
4,264,672

10,121,333
4,380,290

10,433,109
4,400,340
3,762,284

*

CAPITALIZATION GIVING

First

Notes

180,000
180,000

Simmons

Blyth & Co.,

v..

.

June

aggregate

an

Johnston, Lemon & Co.
Joseph, Mellen & Miller, Inc.
Kalman & Co., Inc
Kidder, Peabody & Co.
Kirkpatrick-Pettis Co._

180,000

Baker, Watts & Co

-

E.

.,

1953
$2,094,006
905,644

1954

May—
Gross

.

new

100,000

Inc.

Alex. Brown &

Clinchfield RR.—Earnings—

'

of

agreed to sell to them,

forth below,
debentures:

set

1,000,000

Brothers

Bacon, Whipple & Co._
Robert W. Baird & Co.,

Chrysler Motor Parts Division since December, 1948.
In his new posi¬
tion, he succeeds Charles L. Jacobson, who was elected Vice-President
of Chrysler

of

amount

Allyn & Co., Inc.

Almstedt

the

Manager of

General

and

C.

A.

Chrysler Corp.
Mr.

as

may

corporation has

amounts

Morgan Stanley & Co._ $2,410,000

of the Chrysler Motor Parts
L. L. Colbert, President of

E. Waterfall as President

announced

was

the

and

respective

$40,000,000 principal

Chrysler Corp.—New President of Division—

debentures

subordinated

additional

agreed

(Continued from page 2)

Election of T.

indenture dated
provided therein.

corporation's

the restrictions

be issued.
However,
there is no limitation on the creation of additional indebtedness sub¬
ordinated to the same extent as the subordinated debentures.
UNDERWRITERS—The
underwriters
named
below
have
severally
JNo

Investment News

Division

the

under

subject to

1950,

1,

9

the

of new facilities

Washington

commercial-scale

10

(58)

tion

for

trical

The Commercial and Financial Chronicle

motors,

and

capacitators,

electronics

Moreover,

du

and

high-frequency

cable

the

in

Hardin

elec¬

industries.

said, other properties of "Teflon," notably those
related to problems oi friction reduction, "lead the company to believe
chat many applications will be found for the material where plastics
before

never

have

made

is

significant

expected

next

completed

ville,

Ky.,

of

propellent,
Chemicals

of

manufacture

used

June

as

27

the

"Freon-22"

Construction
J.,

facilities,

new

those

augmenting

of

pansions

cash

Deepwater

Point

this year.—V.

East

and

179,

Chicago,

Ind.,

plants

dated

were

Other

bids

102.215;

for

Kuhn,

of

the

Loeb

Union

from

came

Securities

Weld

White,

Corp.

and

ranging

are

from

subject

105.47/

receding from

earlier

by

sale

the

tion

of

to

redemption

120.000
to

between

and

par,

for

from

shares

the

the

of

new

and

purposes, and together with
construction expenditures.

stock,

short-term

$21,825,000,
other

fund

the bonds,

preferred

outstanding

repay

$19,500,000

sinking

one

will

of

prices

the

company,

purchase,

distribution
of

area

Pittsburgh

and

Counties,
census.

fi¬

to

chase

served

and

and

is

Dec.

and

1955,

31,

was

electric

the

The

energy,

miles

square

Allegheny
according

the

12

of

operating

ended

March

and

company

income

its

totaled

revenues

1954,

31,
For

$32,444,000

used

GIVING

EFFECT

1,

stock

common

TO

PRESENT

'

Outstanding

(2%%

aries

$75,000,000

for

the

Oct.

l,

1979

(2%/)

15,000,000

net income

Aug.

1,

1980

(23/4% )____

12,000,000

derived

1982

(3>/4Z )__L_

14,000,000

rectly

owned

Series

due

Sept.

1983

(3%% )

12,000,000

month

period.

16,000,000

owned

by

4/

1,

1, 1984

preferred

(3'/bZ

)

value,

par

1,250,000 shs,
550,000 shs.

preferred

stock

preferred

preferred

stock__„_

4.10/

150,000 shs.

stock

4.20/

550,000 shs.

150,000 shs.

cum. )

stock

3.75/
4.15/

preferred

Common

($10

:___■__/

140,000 shs.

value)__„

6,150,000 shs.

by indenture.
The maximum
by stockholders is $200,000,000.

UNDERWRITERS

OF

NEW

principal amounts

forth

set

Inc.

L.

Day

Dick

&

& Co

UNDERWRITERS
named

below,

respective

Co.____

150,000

C. Schmertz & Co.,
Inc.

Stern

Erothers

&

600,000
300,000

Weeden

&

Co.

numbers

of

PREFERRED

The

Inc.—

STOCK—The

to

Boston Corp. is the managing
purchase from the company the
shares set forth opposite their names

preferred
of

June

28):

Shares
The First Boston

Hutzler—

Shares

Corp.—21,000

Salomon

Bros,

&

Stone & Webster

&

Stroud
E.

&

7,000

Co,

7,000

Co

&

Singer,

Dcane

&

4,000

Scribner

Butcher

&

Sherrerd-

3,000

3,000
3,000

,•

Chaplin & Co
See

also

V.

&

Co.________

3,000

3,000

Bioren
S. K.

Explorations,

550,000

shares

PROCEEDS—The

Ltd.,

of

net

1,000

Toronto,

1,000

Canada—Stock

June

on

stock

common

proceeds

to

are

be

used

for

18

$1)

of¬

at

surface

warranted

program

34

explora¬

on

oil

on

mining

and

gas

Street, Toronto,
25,

1945

pany

was

The

ore

The

miles
ated

Lake,

the

None

of

is

has

the

its

oil

Ste.

in

a

Texas,

also

1,555
as

and
are

in

Ltd.

name

of

Ontario
By

of

on

supple¬

the

com¬

no

known

com¬

in

Pic

mineral

River

area

Pacific

Ry.

claims

about

17

mining claims in Red
mining claims in Mont¬

(West

of

as

in

other




percentages

Sudbury and East

the

South

interests

in

of

the

net

Webster

Field

M'idalgo,

Jim

Eastern
of

June

the

the

distributing

in

Harris

and

sum

The

loan

announced

in

this

the

is

Feb.

day

added

He

lines

that

and

the

increase

an

acquisition

its

in

leads

into

than

or

and

by

in

the

three

The

incorporation

June

on

varying

the

which

position
gust.

shares

electronic

number

300,000

of

G.

by

&

for
the

figures

waiver

in
28.

it

in

is

production
from

increased

pre-emptive

on

the

provides
of

12

for

reduction

a

authorized

all

weeks

of

fiscal

the

$15

net

in

For

aggregating
to

purchase,
in

the

the

$3,946.

No

calendar

in

year

place the

promptly

of

prises

occasions

opportunities

cannot

be

was

authorized

without

in
to

acquire

Unless
an

"in

or

pre-emptive rights

exchange-of-stock

shareholders

for

•

922,690
2596.

p.

are

for

enter¬
new

without
now

a

Electric

Manufacturing Co. — Note Placed
Privately—Smith, Barney & Co.; Van Alstyne, Noel &
Co. and Newhard, Cook & Co. have
arranged the private
placement of $5,GOO,000 4% promissory note due 1974, it
Of
of

a

—V.

announced on June 30.
the

preceeds, about $2,376,000

note and

179,

p.

.

will

.

be

to

pay

the remaining $2,624,000 will be added to

off the balance

working capital

2247.
.

of

the

May
of

and

&

em¬

Plan.

at

irregular intervals
the corporation paid
N51
owo
dividends

1950
m

28,

corporation

dividend

a

May

on

below

12,

of

30c

1954.

have

severally
has agreed to sell to them,
indicated below, such of the

offered

now

1954,

record
named

percentages

stock

of

On

underwriters

and

common

in

siare,

officers

to

Option
been

shall

as

be

not

subscribed

rights:
%
A.

Paine

Kidder

M.

Kidder,

&

Co._

Peabody

2.35

Co

&

4.07

1.50

Carl M.

Irving Lundborg & Co

1.50

1.83

McCormick

1.50

Brown1 &

Sons

Republic

&

Co.

(Inc.)_ 2.35

Co.
I.

Dillon
&

Laurence

4.C7

Paine,

&

Co.____

Co

&

&

Co.__________
Co.;

Merrill, Turben
Newhard, Cook

1.10

Co
&

Van

1.50

Co

Co.__

Co
Co.______

G.

Bros.

&

1.50

&

&

Hopwood__

&

&

1.50
1.10

Co

1.50

Boyce__

:

1.50

Inc

Co.,

Walker

Weld

1.50
1.83

Inc._'_

1.83

Alstyne, Noel & Co

H.

White,

2.35

1.50

Jackson

Gardner

&

Schwabacher
Stein

1.10
&

Jaffray

Stroud

2704.

p.

&

&
&

3.22

Reinholdt

1.50

Snyder

Marks

Reynolds I & Co
Julius A. Rippel,

Weeks_______ 3.22

Lemon

M.

Webber,

Piper,

4.07

1,10

1.50

,

Curtis

_1.83

Forgan & oC

179,

&
&

1.83

Co.

&

Co

Rhoades & Co. 3.22

1.10

Granbery,: Marache & Co.__ 1.50
Hallgarten & Co.—.
L__ 2.35
Hemphill, Noyes & Co.__
3.22

Ingalls

Loeb,

McDonald

Co,________

&

Co._—

&

Deetjen

Johnston,

Ryons

Co._____

&

duPont

Hentz

Kormendi

1.10

Dahlberg

&

1.10

Co

2.35

Co

&

4.07

Florida Power & Light Co.—Common and Preferred
Stocks Offered—Merrill Lynch,
Pierce, Fenner & Beane
and Kidder, Peabody & Co.

jointly headed two syndi¬

cates

stock

mon

.

which

.i

July

on

(no par)

1

offered

245,000

shares

of

com¬

and

50,000 shares of 4.32% cumulative preferred stock, series D (par $100).
The com¬
mon stock was
priced at $47 per share, and the preferred
stock at $102 per share and accrued dividends
to yield
4.235%.

The successful

preferred
&

stock
Co.,

the

preferred

bid

$100.80

Other

Blyth

&

$45,509;
The

1964,
in

stock

common

bidders

Co.,
and

case

and
with

$4.36
for

Inc.

Union

$4.32

common

stock

$44.26;
Corp.,

will
31.

(jointly)

and

bid

Union

on

the

op

-

.

$100,099

Securities

for

Corp.

be

M.

redeemable

1959,

$105.50

proceeds

dividends

from

Lehman

were:

Carl

Loeb,

Brothers

Rhoades

&

and

Co.,

$44.90.

the

in

whole

thereafter

through May 31,

accumulated

PROCEEDS—Net

and

1

Brothers'

dividend;

(jointly),

May

share

per

share.

Securities

thereafter

plus

Lehman
a

by the bankers June 30

$45,839
per

dividend.

the

preferred

through

$104.50

each

Inc.,

a

bid

was

$100,119

stock

for

new

$106.50
used

Bank

1.50

Blyth

Emerson

to

principal

4.07

the
of

pursuant
the

Reserve

3.22

Hornblower

to

advantage

waived,

shares

Federal

of

Lester,

H.

$13,-

rights

transaction

Loans

75%

oi

share

of

other

con¬

dividends aggregating 60c and in 1953

80c.

9.00

Estabrook

of

subscription.

company currently has outstanding
authorized 1,500,000 shares.—V.

179,

of

assets

certain

John

Eastman,
Emanuel,

I
pre-emptive

and

W. C. Langley & Co._

Francis

May 22, on
comparative

position to take

a

shares

of

as

Co.

corporation

1.50

Henry

Au¬

previously.

company
to

arise."

issued

being offered

used
shares

fixed

1.10

Cohu

are
available, since the quarter ended May 22 i& the
company's new fiscal year running from March 1 through

A

daCed

Trust

the

under

4%.

issuance

and

Oer

stockholders

respective

exercise

for

example,

60c

three

1952

paid

Proctor

Central

addi¬

per

sales

ended

year

of

loss

net

a

from

be

to

its

of

2.35

Alex.

shares.

consolidated

announced

the

have

'

instruments.
1,200,000

rights

short

Blyth & Co., Inc

better

fields

for

Blunt Ellis & Simmons—

facil¬

last

than

holders

or

payments

C. Allyn & Co., Inc
Bacon, Whipple & Co.___

1953

increase

as

shares

shareholders'

sustained

company

the

first

precision

Bankers

whereby

15/1956,

more

the

Lynch, Pierce, Fenner

Abbott,

fields

a

excess

referred

certain

agreement

with

therein

March

nor

Beane

—V.

also

first

shareholders will

their

of

value

par

the

for

first

The

place

in

Co.

hereinafter

V-loan

a

Purchase

A.

shares.

Shennan, President,

345,554
which

the

and

components

authorized

amendment

in

$5

would

carry out the diversification
program
announced
that' time Elgin stated its intention of entering the

1,500,000, with

to

said

company

Trust

mortgage

1954),

reseryed

Stbck

a

amounts.

was

to

Merrill

amendment to the articles

an

to

At

miniature

tional

approved

Dec.

1%

of
the Air Force,
may
at any time
assign and pledge as security therefor
due under certain of its defense
production

aggregating

40c,

dividends

share

Glore,

23

rate

a

%

Approved—

shareholders

been

reborrowed.

to

UNDERWRITERS—The

-

■'

ized Shares
of

be

cannot

Deparament
become

to

dividends

per

manufacturing and merchandising, and offers wider distribution
opportunities for Ekco's existing housewares and commercial products.
179, p; 710.
.

have
from

agreement

instalments

»

aggregating

of

;

to

named

outstanding,

corporation

due

two

—V.
::

agreement

25,

3/

contracts.

expansion

broader

to

such

than 3Vznor more
than
holders of 75% of the principal
may under certain conditions
(one

unsecured, but

notes

York,
require the

McClin¬

manufacturing

Ekco

banking institu¬
corporation originally
finance expansion of

notes, for the purpose of financing the
defense production contracts, not to exceed

its

of

less
are

the

of

New

effective

additional

of

as

other

day maturities,

event

no

the

plans

dated

less

corporation

party

a

90

on

monies

company.

company

the
the

to

None

2,887,758 shs.

agreement

the

time, prior to

tq

agreement

amount

for

his

and

which

event

V-Loan

(renewed

time

of

that

18/00,000

.

■//.

borrow

agreed

reported

loan

primarily

outstanding

performance

shares

the

Co.

to

but

banking institutions

from
of

term

a

pursuant

no

among

Outstanding
$3,750,000

*

annum, is payable at
loan rate of
Bankers

in

-proc¬
sales

on

FINANCING

$25,000,000

equal semi-annual
1956.
Amounts repaid

the

corporation

15/1952

severally,

of

PRESENT

in

that

new

security.

as

other

but

said.
officers

for

Based

in the aggregate at anv one tune
outstanding.
Interest,;
currently SVzVc per annum, is payable at a rate
V/Z in excess of the
prime commercial loan rate of Bankers Trust Co. for
90

such

subsidiary,

TO

agree.

patty to

per

notes

that

ditions,

the

30

the

of

air-conditioning, -and

60,002 shs.

$25,000,000

for

of

plants,

producer

}3,500,000 shs.

unsecured,

costs

6,399

June

on

facilities

missiles,

agree._.

Loans

but

is

the

of

and

was

and

value.)__

DIVIDENDS—Dividend

outstanding stock and
a
wholly owned Ekco

possible

for

-

work on components of
larger jet
corporation also is engaged in the

$6,000,000,
.

15,

require

may

Manufacturing Co.
handling
equipment
and

food

be

increased

industry.

loan

commercial

is

the

McClintock

of

company

will

will

corporate

volume

$10,900,000

designer

EFFECT

pursuant

of

June

to

which

Co.—Acquisition— T
this

and

company believes it ranked
the airframe manufacturing

in

par

a

repaid

tlncludes 125,000
ployees pursuant to

all
become

McClintock

ities.

working

Hogg

is

equipment.

effect)

Feb.

12

were

agent

increased

of

valu£)________

par

borrowings,
.

tThe

11,071.858 shs.

there

1954

and

1951.

guided

with Bankers Trust

prime

assets

agent to be exchanged

2,

un¬

stock

common

the

V-loan

therein

of

di¬

in

1,

the

The

GIVING

(without

being

"amount

$7,000,000

limitations

to

this

excess

is

of

1953,

term

($i

the

and

1952,

of

Outstanding

2,000,000 shs.

for

Interest, currently 4%

FINANCING

PRESENT

the

corporation

make

Jan.

subcontract

under

1951,

are

15,

and

same

of

medium

a

others.

under

named

and

on

three

the

the

in

since

companies

stock

borrowed

Utilities,

its

for

To

years.

production

corporation

15,

tions

five

It is situ¬

patented
on
area

of

securities

TO

The

production.

by

income

stock

Lang, McClintock President, will continue in that capacity,

Ragir

the

of

was

varying

tract

Dec.

suDer-markets

shares

has

unsurveyed

the

Canadian

option

•The

subsidi¬

$27,434,000

sale

Authorized

throughout the United States, and has its own sales
super-markets throughout the United States, and
jias its own sales
representatives in the leading cities in the country.
The firm occupies
a
40,000-square-foot plant, located on a four-acre site, at 2700 South
Eastern Ave., Los Angeles.

Melinda

i

holds

acre

well

the

25

Manitouwadge Lake.

owner

Marie).

company

at

Ltd.

state

26

in

the

Township in the Blind River

Sault

Mines,

1954,

properties

option

located

incorporated

Gold

12,

Lake
on

an

is

Explorations,

miles southwest of

also

The

of

Bamoos

and

interest

Lake

April

exploratory

Marathon

company

office

originally

Red

under

Ontario,

gomery

Couty,

20

was

dated

holds

southeast

whose

Durham

in

northeast of
about

The

of

is

bodies.

company

located

Can.,

Durham

patent,

changed to

company

mercial

Ont.,
as

letters

mentary

and

Feb.

properties.
company,

of

577,551

at $11.25
share for each four shares

the

of

expended

Boxcar,"

issued

other

as

The

(par

totaled

subject

At

to

$1)

capital expenditures and other
the
corporation's
business
has

corporation

and

issued

fNotes

McClintock, organized in 1925, makes such items as meat trays and
utility meat- lugs, meat handling carts, and racks.
It provides
direct display service for approximately 12,000 leading food markets

J.

geophysical survey and diamond drilling if
.properties, and for participation in drilling
BUSINESS—This

hands

has

fifteen

Preferred

Elgin National Watch Co.—Change in Par and Author¬

Co

&

tion,

Sept.

a

speculation."

a

first

Notes

J
scrip.

recent

CAPITALIZATION

Island.

paid

were

funds

pans,

3,000

Cunningham & Co., Inc.

Brothers, New York,

cents per share "as

he

30,

well

The

Durham

Rhode

$7,000,000

issued

(par

upits for aircraft, and certain
equipment
facilities of the Atomic Energy Commission.

other

the

and

.

and

.

179, p. 2807.

Offered—Vickers
fered

Masten

Humphrey, Inc.
2,000
Jenks, Kirkland & Grubbs__ 2,000
McJunkin, Patton & Co.____ 2,000
McKelvy & Co.__
2,000

4,000

Arthurs, Lestrange & Co.

E.

Yarnall, Biddle & Co.____
Hulme, Applegate &

4,000

and

company

Eastern's

$2,605,042

—

of
meat
industry,
President.

Ragir,
will

Robert L.
as

of

income

the
to

value)-—

purchased

which

June

*

Gross

manufacturers

the

for

A.

has

Mr.
—

Thomas & Co

Inc

Leonard & Lynch

Moore,

A.

7,000

—

Company,

Clark

W.

7,000

j

Townsend,

3,000
Fauset, Steele & Co
3,000
Green, Ellis & Anderson—_ 3,000
Kay, Richards & Co._______ 3,000

9,500

——

&

Crouter & Bodine_

Securities

Corp,
1
Hallgarten & Co
W, C. Langley & Co.Shields

DeHaven

9,500

Ekco

1,250,000

purchasers

First

offering in' "Chronicle"

and

from

of

equipment

produced

essing

its

of

$2,000,000

holding

share

per

31,1954,

EFFECT

be

subscribe

piessurizing

shares

all

in

and

development

Common

premium,
to

general

volume

"Flying

engines

subscription

Authorized

the

by

Angeles,

accessories

100,000

Co.—

agreed

$2

the

in

on

one

to

stock

any

engines: and; performs

2704.

p.

t"*

'

cargo
and
troop carried plane
by the miliary services. In
addition/ the corporation has in pro¬
duction the
C-123 military transport
plane, manufactures small jet

Service

additional

utility

the hands of distributing

in

in

179,

acquisition

tock,

Company—

whom

among

of

without

revenues

amounted

may

Products

Benjamin

&

4.1,07/

to

•-

par

shares

shares

Los

of

150,000

Thomas

underwriter, have severally
■(see

&

The

250,000

600,000

OF

sale

Massachusetts

March

dividends

1978-

($10

'

used

June

on

I

common

$300,000

Wells & Co.__

Overton

300,000

Gregory & Son, Inc..—

in

$2,649,000.

indentures.

Ekco

Kendall, Inc.

300,000

appointed

fiublic

operating

GIVING

bonds

convertible

purpose.—V.

Patterson, Copeland &

1,250,000

Co

&

below/!',

named

shares

179, p. 1371.

'

'■■■

working capital,

The

corporation

C-119

common

Webster

&

amounting

a

common

proceeds

BUSINESS—The

com¬

share at the rate of

the

to

substantially

plant
is

ended

to

bonds;

due

series

share.—V.

per

•

1954, rights

of

the basis of

on

for

machinery

Stock—

holders of its

to

repay,

amounting

from

/Includes shares

names.

A.

R.

1953.

The fourth subsidiary, a generating company, is directly
three subsidiaries.

trust

respective

au¬

managing underwriter,
company the respective

Heller, Bruce & Co

Merle-Smith—-

Freeman

presently

purchasers

Muhaney,
J.

added

purposes.

1953.

subsidiaries,

"Additional

for

the

opposite hteir

Inc.
——$9,350,000
Arthurs, Lestrange & Co.
150,000
Aspden, Robinson & Co._
150,000
Ball, Burge & Kraus____
500,000
Byrd
Brothers——.™
300,000

be

available

the other

Common

is.the

from

Halsey, Stuart & Co.

R.

indebtedness

BONDS—The

among whom Halsey, Stuart & Co.
have severally agreed to purchase

4%/

120,000 shs.

7,000,000 shs.

.

amounted

CAPITALIZATION

100,000 shs.

•Unlimited
thorized

1

from

operating

in

principally

'"Collateral

140,000 shs.

100,000 shs.

120,000 shs.

par

months ended May 31,

per

loans

29,

shares

PROCEEDS—Net

purposes.

months

12

'

subscribed shares.

term

Sept. 1,

($50

bank

June

share

4VisZ

due

stock

last

,

refund,

tax

Quarterly dividends of 50 cents per
were
also paid in February and May of the current
year and
quarterly dividend of 50 cents per share will be paid Aug. 16, 1954,
to holders of record on Aug.
6; 1954, including holders of the addi¬
tional shares outstanding on the dividend record date.

due

Series due July

State

share

FINANCING

-'

.......

amd

a

Series

Preierred

12

'Stone

Utilities to

corporation

subsidiaries

four

common

Subscription rights will expire at 3:30 p.m. (EDT)
July .14. An underwriting group headed
by Merrill
Lynch, Pierce, Fenner & Beane will purchase

income

time

same

>v

been

proceeds

by Eastern

Series

'

net

has

EARNINGS—Consolidated

1977

the

at

net

being given the privilege to
price subject -to allotment, for

shares.

Mass.,

corporate

of

$31,430,32/with

held.

items

also

same

DIVIDENDS—Dividends

income

net

the

total of 82,451 additional

a

short-term

general

the

bonds:;

Aug.

due

Boston,

be

with

ended

year

and

Authorized

Series

for

aggregated

the

taxes,

Associates—Offers Common

additional

outstanding

.

mortgage
due

will

1950

consolidated

subsidiaries

$15,428,000.

was

income

share for the

are

the

PROCEEDS—The

Reave!

the

$1.61

or

totaled

on

Corp.,

of

company comprises a highly indus¬
noted for its output of steel, pig

months

the

net

CAPITALIZATION

Series

and
to

other

record

per

agent in connection with the present offering.

city

particularly

$15,30.9,000.

•First

the

of

.

serves

company

embracing

and

taxes

dividends

subscription at $29

the

share

per

■''■'•

'

additional

total

1954

:•

BUSINESS—The

revenues

$82,086,000

by

income

trans¬

coke.

EARNINGS—For

operating

of

817

with

area,

coal

saie

surrounding municipalities in
a
population of l,5o0,435,

Pa.,

Territory

trialized

iron,

and

approximately

31,

(EDT) on July 15, 1954. Kidder,
Peabody & Co. will act as dealer manager of a group of
security dealers which will solicit subscriptions to pur¬

ag¬

construc¬

production,

May

will expire at 3:30 p.m.

applied

cents

earlier

year

a

Faircjiijd l&w'mp & Airplane. Corp.-—Stock Offered—
The corporation is
offering holders of its common stock

$2,684,623 compared to $3,989,068 a
of common; stock amounted to $1.04

was

share

per

Holders
at

period

which Chemical Bank is
trustee, paying agent and regis¬
trar.—V. 179, p. 2247.

All

respect

number of full additional shares not subscribed for"
through the exercise of rights. The subscription offer

the

loans,

for

in

any

from

be

bank

trustee

share for each 12 shares held of record

subscribe

case.

and

incurred

funds

BUSINESS—Company is engaged in the
an

balance

(par $10)

1954.

same

■

■■■'?,"

ended

$5,116,124

to

preferred

.

Utilities

for

new

29,

nance

mission,

before

compared

4 '/a /

the

stock

mon

prices

at

interest in each
of

sale

redemption

regular

at

plus accrued

par,

proceeds

company

gregating

to

102.41/

PROCEEDS—Net

to

months

12

2368.

p.

shares

(jointly/ 102.1821; Drexel & Co. and Equitable Securities Corp.
»jointlyi, 10?,0869; Glore, Forgan & Co., 102.086; Harriman, Ripley &
Inc., 102.08, and The First Boston Corp., 102.0599.
oonds

179,

the

profit amounting to $1,578,036

the

Co.,

Tne

$3,810,545

deducting

Eastern

for

Mining Co.—More Bonds Sold Privately — The
Chemical Bank & Trust Co., New1
York, has authenti¬
cated and delivered an additional
$20,000,000 of first
mortgage 414% bonds, series A, due July 1, 1983 for

Associates—Earnings Lower—
the

$4,871,488

ago/ Earnings

—V.

1954 amounted to $21,360,116

58

■

■

-Erie

and

was

requirements,

& Co.,
Allyn &

C.

A.

the

."-v.

for

sales

compared with $1.55 per

Co.,
v

*r

Fuel

&

This company offered on July

3Vbs

as

Co.,

treasury.

company's
of

\

year

102.23%.

issue
&

to

After

Corp., Erie, Pa.—Earnings—

•

paid over to the company.
The balance of the
company or 1,483,330 shares were sold for
$237,504.50 (Canadian funds).

reports

net

income

Steel

$651,002—equal to

was

the

of

year.

1984, at 102.461% and accrued, interest, to yield 3%.
Subscription books were closed on July 1. Award of the
issue was won by
the group at competitive sale on
bid

the

hands

the

with $5,826,961 a year ago,
Alter all charges including estimated

1,

a

of

benefit

compared
amounts

on

net

outstanding
2,783,330
shares,
for mining properties.
Of sucndonated
by the vendor to a

were

into

come

be

Gas

company

profit

Sales

operating revenues .of $134,461,500 com¬
pared with $154,365,293 for the same period last year. Total consoli¬

Duquesne Light Co.—Bonds Offered—Halsey, Stuart &
Inc. headed a syndicate which on June 30 offered
$16,000,000 of first mortgage .bonds, 3J/g% series due July

29

shall

will

-

The

r

Co.

June

the

for

used

total.sum

a

consolidated

2704.

p.

for

Eastern

its. "Te.flon"

it:;

at

be

which

shares

and

shares

700,000

>ii>

The

completed early

authorized

originally issued

were

outstanding shares of
,f

tetrafluoroethylene resin.
Louisville plant
Represents du Pont's third major expansion of
refrigerant-propellent manufacturing facilities in the last year.
Ex¬
;

these

net

stock.

3,333,330 shs.

Ltd.,

presently

dividends
to

lor

manufacture

and

Monday, July 5. 1954

.

Sales for the fiscal year ended
April 30,

Outstanding

5,000,000 shs.

Forge &

*

Argyle Securities,

has

shares

to

trustee

Deepwater

company's Engineering Department, Completion is sched¬
early fall of 1955.
Capacity of the plant was not disclosed, but the company said it
wiipbe based on long-range estimates of the need for "Freon-22" as a
refrigerant and aerosol propellent, and as an intermediate in the

uled

the

Of

and designed to meet adequately the refrigeration indus¬
for many years, will begin this summer under the direc¬

try's needs
tion of the

Erie

.

common

2,000,000 shares

"Kinetic"

at

Cotrnty,

FINANCING

purchased from
the
company
in
Canada
capital stock on May 4, 1954 for $16,500
Ltd. has represented to the com¬
purchased such' shares for investment and not for

of

it

2,000,000

the

of

Laramie

PRESENT

TO

resale.

mono-

aerosol

and

company's

EFFECT

SI)—;———i.-

Securities

shares

that

pany

Pont's Louis¬

refrigerant

a

by

and

Colo.,

•'

GIVING

(par

(Canadian funds).

Division.

Point, N,

>

the

commonly

announced. oh

was

/

plant on the site of du

new

works fur increase in

•chlorodifluoromethane,

.

a

stock

Argyle
75.000

Plans for construction

County,

Weld

t

Authorized
Common

summer.

To Increase Capacity of "Freon-22"—

Texas,
.

inroads."

be

to

in

CAPITALIZATION

"

Construction

Counties

Wyoming.

Pont

.

1969
to

sale

and

the
of

or

in

part,

through
$103.50

redemption
the

May

at

31,

thereafter,
date.

above-mentioned

Volume 180

will

Shares

estimated

used

be

to

not

•ecurities;
•Uter

Number 5339

by

corporate

the

exceed

•rith

within

the

of its total

07%

April

the

the

of

®9,144,000,
and

.

Is

in

not

sale

the

for

instalments to and
The

electricity and gas
direct competition

with

for

441,862

was

429,702

the

the

for

12 months ended April 30,

Silicone

income

net

tainer's

after
preferred dividends,
to
$3.34 per
common
year 1953, total operating revenues were $69,597,000

the

$8,392,000,

was

equal,

after

dividends,

preferred

*First mortgage

3Vx %
3%

GIVING

3Y,%
3%

to

3V*%

series

due

100,000 shs.
50,000 shs.

100,000 shs.

50,000 shs.

A

B

4Va%

series

C

62,500 shs.

187,500 shs.

listed

♦Not

(no

except

UNDERWRITERS—The

agreed

on

firm

a

the respective

in

set forth

as

the

basis

purchase

Shares

&

ner

Baker,
Alex.

Beane

Weeks &

Laurence

3,650
3,000

Corp..

1,500

Clark;, Dodge & Co.
R.

Dickson

S.

Drexel

Inc.

Co.,

&

Co—

&

Hallgarten

3,000

H. Hentz & Co.Hornblower

The

basis

commitment

l»ers

Weeks

&

of shares

of

3,000

to

purchase from

«

Atwill

Fen-

Inc.

C.

Cassell

F.

Clark.

&

3,500

1,000

Inc

Co.,

2,500

_

Inc.

The

Hentz

J.

J.

2,000
11,000

& Sonj.__

Hilliard

B.

Hornblower <fe Weeks—

Weil,

Howard,

and

Friedrichs

Johnson,

Labouisse,
Co.—1,000
and

Fort Worth & Denver

Net

Net

ry.

1951

$1,602,705
265,185

$1,589,289
225,158

income—

48,147

197,571

115,710

67,049

8.554,017
<1,913,574
924,880

9,691,908

9,400,471

8,515,924

2,925,581

2,718,897

2,099,982

1,307,747

1,207,287

800,827

From Jan. 1—

Net

ry.

railway—

from

Net

—V.

income

oper.

179,

from

corporation on June 21 filed a letter of notification with the
SEC covering 50 shares of class A stock, and 2,950 shares of class B
stock to be offered at par ($100
per share), without underwriting.
The

proceeds

be used for
174, p. 187.

to

are

debt.—V.

mortgage

operating capital and payment of

Sale—Dean
Witter & Co. has sold 10,000 shares of common stock at
$32 per share, the proceeds going to selling stockholders.
Calculating Machine Co.—Private

Friden

—V. 173, p.

ry.

from

Gross
Net

from
ry.

—V.

of

Co.—Underwriting Agreement Ter¬

covering the recent offering of $20,debentures at par was terminated on June 28.
the issue remained to be distributed.—V. 179,

2576.

p.

Total
Cost

first

France's

with

equipped

transport, the Sncase SE-210 Caravelle,
cabin air conditioning and pressurization

jet
a

two-jtt aircraft, still awaiting

F.

will be

system

of

Indiana,
more

Pa.—Acquisit'n

the National Discount Co. of South Bend, Ind., a division
Heller & Co., consisting of 11 sales finance offices In
Illinois and
Michigan.
The purchase price involved was

than

E.

$7,000,000.

General Acceptance will be operating
sales finance and instalment loan,
company's subsidiary, The Stuyvesant
Insurance Co.
is engaged in writing automobile insurance primarily
ior finance and loan companies.—V. 17.9, p. 2704.
As

84

a

result

offices

activities.

ii)

of

16

In

this acquisition,
states,

conducting

addition,

products




333,291

644,152

708,845

1954
1953
$78,860,874 $65,164,469

miscellaneous

and

$78,963,843 $65,252,733

50,090,680

expense.,

taxes

on

5,392,805

13,197,972

11,317,134

stock-

3,802

$3,452,144

$2.35

Transportation

the

said

President,

construction

The

company

June

filed

was

June

on

in

29

the

U.

S,

District

Court

at

Md., by this company, charging the United States Rubber
infringement of B. F. Goodrich patent rights in the manu¬
and sale of tubeless tires for motor vehicles.
Goodrich asks that United States Rubber Co. be enjoined

Baltimore,

will use the proceeds

for

expansion.

further

Co.—Sells Division—
above.—V. 179, p. 1721.

Corp.

Hilo, Hawaii—Stock Of¬

and

tions

on

a

common

at the same price. No fractional shares will be issued.
proceeds are to be used to repay bank loans,and Jor^addi¬
improvements.—V. 179, p. 2141.

net

The

21 offered to its common stockholders of
subscribe on or before July 19 for 25,000
stock at par ($20 per share), without
l-for-4 basis.
Unsubscribed shares are offered to
to

right
of

Ilofhnan
per

Co.

Sold—The recent public
of common stock at $14.62V2

Radio Corp.—Stock

offering of 130,000 shares

share by Blyth & Co., Inc. and William R. Staats &
was
quickly completed, all of said shares having
details in V. 179, p. 2706).—V. 179, p. 2808.

been sold. (See

Y.—Files With SEC—

June 21 filed a letter of notification with the
shares of common stock (par one cent) to be
offered at 50 cents a share, without underwriting.
The proceeds are
to be used for working capital.—V.
179, p. 2706.

SEC

corporation on
500,000

covering

with

F.

B.

against
caused

Home & Auto Loans

further patent infringement, and further asks that damages
by the infringement be awarded to the B. F. Goodrich Co.

Goodrich filed a suit in Cleveland against
Co. charging infringement of tubeless
District Court there.
The Goodrich company
has offered to license tire manufacturers
under
its
patents and to make available B. F. Goodrich technical
knowledge and "know-how"1 gained through invention, development,
and years of experience in the manufacture and sale of tubeless tires.
1953,

11,

May

Tire

Firestone

B.

and

The

F.

be

tc

offered

Hudson

merit

no

of

a

in

patent

on

a

particular

construction

S.

that

the

patent

is

invalid.

Tubeless

tires

long

as

ago

Great

as

1934.—V.

179,

Lakes Pipe Line

p.

being

been

Manhattan

&

Gross

operating revenue

Oper.

expenses

&

Wisconsin security dealers to

RR.—May Earnings—

1954—Month—1953
$854,943
$832,215
821,932
806.959

taxes

1954—5 Mos.—1953
$4,385,708
$4,451,765
4.099,759
4,070,572
$381,193

Operating income
Non-operating income—

2596.

$33,011

$25,256

$285,949

1,323

1,323

6,617

6,617

income

$34,334

$26,579

$292,566

$387,810

128,421

128,472

642,079

646,634

70,058

70,058

350,292

350,291

$164,145

$171,951

$699,805

$609,115

Co.—Partial Redemption—

15-year1 sinking fund 2%% debentures, due Aug. 1, 1960,
that $188,000 principal amount of the debentures
by lot for redemption on and after Aug. 1, 1954, at
par, plus accrued interest.
Redemption of the debentures will be made
at the office of the Sinking Fund Agent, J. P. Morgan & Co. Incorpo¬
rated, 23 Wall St., New York.—V. 179, p. 824.
Holders

have

the $5,000,000 Hudson Fund for distribution in the
recently. This registration qualifies

of

Period End. May 31—

and
tested by several rubber companies and
individuals
many
years
prior to the date of the Goodrich patent.
U. S. Rubber developed,
tested and found workable tubeless tires

Distribute Shares

Wisconsin was announced

of

developed

due Oct. 1,

proceeds are

1955.—V. 179, p. 825.

V

offering of Hudson Fund shares by
investors in that State.—V. 178, p. 1779.

Hudson
believes

Rubber

been

had

of

subordinated debenture bonds
without underwriting. The

due in 1954, and

the

statement

a

tires.

tubeless
U.

in

infringement

charging

State

dated June 30 said .there
the suit brought against it by the B. F. Goodrich Co.
Co.

par,

Fund, Inc., New York—To

in Wisconsin—

Rubber Co. Replies to Suit—

Rubber

6%

at

be used to redeem notes

Registration

States

States

of

$135,000

and

1959
lab J,
to

Y.—Files

Co., Inc., Rochester, N.

on June 25 filed a letter of notification with the
$25,000 of 5% subordinated debenture notes due Oct. 1,

corporation

covering

Rubber

and that suit, is now pending in U. S.

United

is

and

June

on

the

5

shares

employees

The

,

company

loans

Hollywood Angels, Inc., N.

Goodrich Co.—Sues on Tubeless Tires—

Pri¬

has

fered—

underwriting,

Division—

Co.—Preferred Stock Sold

Electric Light Co., Ltd.,

Hilo

major

five

corporate

working capital and general

for

General Acceptance

record

industrial-agricultural operations of this
company into a newly-created Chemurgy Division was announced
on
June 24 by DWight P. Joyce, President.
The company has for years manufactured a host of products from
soybeans,
flaxseed, safflower seed and related farm products.
The
Chemurgy Division now consolidates all of these activities.
At Indianapolis, Glidden's Feed Mill, now a department of the new
Chemurgy Division, produces a complete line of livestock and poultry
formula feeds, including feed concentrates fortified with "Factor X,"
an additive extracted from menhaden fish which accelerates the growth
of all types of poultry and livestock.—V. 179, p. 2141.
of

Y.—Files With SEC—

June 23 filed a letter of notification with the
shares of capital stock (par 10 cents) to be
shore through E. E. Smith Co., New York.
The

company

short-term
179, p. 1721.

additional

Co.—Forms Chemurgy

$1) at

used

be

Atherton,

B.

See

1954—$400,000;

1953—$385,000 —V.

Integration

per

to

are

pay

$3,122,572 '

$2.57

...

•'

public

(Walter E.) Heller &

29,789
5,056,036

contribution to Gerber Baby Food Fund:
174, p. 1892,

•Including

to

80,422
92,252

5,069,871

———

■

placed $1,000,000 of 5.3%
preferred stock with institutional investors, New York
Life and Manufacturers Life Insurance Co. each nurchased 25,000 shares, Mutual Life Insurance Co., of New
York, 17,500 shares; J. P. Morgan & Co., Incorporated,
as trustee for Canada Life Insurance Co.,
12,500 shares,
and Crown Life Insurance Co. and Lincoln National
Life Insurance Co. each bought 10,000 shares.
Kidder,
Peabody & Co. arranged the transaction.
J.

116,895
143,692

' '

.

of common stock (par

Hawaiian Telephone

—V.

income—

*

common

per

6,888,787

—

Net earnings

40,161,723

including

expense,

deductions——-—

state

and

88,264

102,969

income-

'

purposes.

934,414
802,575

(& Subs.)—Earnings Higher-

expense^—L—_——«.

interest

Federal

4,075,286

$1.25

at

offered

on

25.000

covering

vately—The

debenture

Miscellaneous

are

American

4,089,703
811,781

sold—
shipping

and

of

corporation

The
SEC

the

Corp.—Equipment
Trust Certificates Sold Privately—This corporation on
July 2 announced that it has sold through Kuhn, Loeb
& Co. to a small group of institutional investors, $24,843,750 principal amount of its equipment trust certifi¬
cates, series 53. Of the total, $12,500,000 principal amount
was delivered on April 1, 1954, and the balance of $12,343,750 on July 1, 1954. The certificates bear dividends
General

705,199

—_1

income

of

Other

of

Walter

4,012,189

340,818

transportation charges on finished products♦Selling,
advertising, research, administrative,
and
general expenses*——■
Interest on long-term debt, including amortiza¬

their maiden flight.—V. 178, p. 2032.

President,^has announced the acquisition by this cor¬

Wills,

R.

poration

3,483,524

—

-4—

tire patents

of The Garrett Corp.
sets of equipment for the

Corp., Allentown,

117,836

beon

Co.—Stock Sold—The recent

Harley Patents, Inc., N.

$840,691
191,202
168,692

proceeds

dividends,

United

General Acceptance

145,553

income—

Warehouse

On

designed and built by AiResearch, a division
Orders have been received for two airp ane

70,536

sales

the

Corp.—Air Conditioning Contract—

Garrett

136,818

2705.

p.

facture

$8,000,000

About

$815,166

150,953

Gerber Products Co.

agreeemnt

20-year 3%%

1952

$792,440

69,939

the prefered stock have

$28 per share by a group of underwriters headed ,by A.
G. Becker & Co. Inc. and Hornblower & Weeks v/as
oversubscribed. See details in V. 179, p. 2705.

1951

1953

$698,921

railway—

oper.

179,

Co.

underwriting

62,655

'

'

"

offering of 114,954 shares

2705.

p.

railway

Lawsuit

The

*43,366

Income

oper.

(B. F.)

minated—

000,000

5,336

2597.

p.

Hammond Organ

From Jan. 1—

1792.

Fruehauf Trailer

$308,500

railway—

GJidden

Fosgate Citrus Concentrate Cooperative, Orlando, Fla.
—Files With Securities and Exchange Commission—

The

$172,469

railway

2369.

p.

$51,021

179,

—V.

$1,684,237
1,375,737

1954

from

Net

Earnings

railway—.

from

Gross

1,294,455

Georgia RR.—Earnings—

Interest,

$1,723,022
434,100

oper.

179,

;.

$1,466,924

282,756

May—

Net

railway—

from

1954r—5 Mos.—1953

$333,777

■

iric._

Co.

upon redemption, the com¬
order to assure maximum conversion, has entered into an
agreement with The First Boston Corp. New York, pursuant to which
First Boston has
agreed to purchase at a net price of $52.50 • per
share
all shares of the
preferred stock tendered to it at Lincoln
Rochester Trust Co, any. time prior to the close of business on July
30
1954 and has agreed to convert all of the shares so acquired.

,

$4,598
*33,639

Rochester Trust

in

pany,

282,985

op,

ry.

oper.

•Deficit.—V.

tion

1952

1953

railway

1,500
2,000

$1,488,237
110,362

railway—

from

Net

from

rev.

1,500

Ry.—Earnings—

1954

May—

Net

convertible

Although recent market quotations for
substantially above the amount payable

$287,5tf3

t

and

will

Lincoln

.

Year Ended March 31—

Mason,

p.;2807.

179,

Gross

1,000
&

2,000

Inc.

Co.,
—V.

'expenses

Net

2,500
11,000

5,000
Stroud & Co., Inc
6,000
White, Weld & Co..-——.— 111,000
Wyatt, Neal & Waggoner'— 2,000

Space

Lane,

—L

-——

—

Inc. —
—Scott & Stringfellow
Chas. W. Scranton & Co..
F. S. Smithers & Co.——,

5,000

Co

&

Co.—

Inc.

Parke ——
Scott, Horner

8,000
Hallgarten & Co.—
—11,000
Hallowell, Sulzberger & Co.
1,500
H.

&

L. F. Rothschild & Co._
Schmidt, Poole, Roberts &

2,500

—_———

& Co.——.—_

Goodbody

Ohio—Registers With SEC—

1954—Mor^th—1953

•

revenue!

oper.

Net

1,500
2,000
5,000

Robinson-Humphrey

Co.,

Co.,

&

Evans

A.

Clement

Co.

&

Riter

11,000
6,000

Dillon & Co..

Estabrook

oper.

Railway

Gross

Wulbern,

Reinholdt & Gardner

11,000

Co

&

Drexel

Eastman,

11,000
2,000

11,000

Carrison,

Inc.

3,500

2,500
11,000
2,500

&

Curtis

Pierce,

11,000

Co.

Dickson & Co., Inc.—

S.

R.

&

Newhard, Cook & Co
Paine, Webber, Jackson

2,500

—

Dodge & Co

Courts

M. Marks & Co.
Merrill, Turben &, Co._
F. S. Moseley & Co

2,500

;

Baker, Weeks & Co

M.

Laurence

Co.,

Baker. Watts & Co

6,000 i

McDonald & Co

1,500

&

8,000

Kidder & Co

19,500

Co

&

Baird

Railway
,

series,

Wilson, President, on June 29 announced that the com¬
redeem and pay on July 30, 1954, all of its outstanding
preferred stock at a redemption price of $52.18Va
per share
which Includes accrued dividends.
Payment will be made
at Lincoln Rochester Trust Co. In Rochester, N. Y.
As of. June 24,
37,416 shares of the
preferred stock were outstanding out of the
original issue of 47,183 shares sold publicly in September 1952.
Holders
may
convert their shares of 4.50% preferred Into shares
of
the
company's common stock
any time prior to the close of
business on July 30, 1954, at the rate of 1.45 shares of common for
each share of preferred,' either at the office of the company or at

be

Period Ended May 31—

1949

of

shares

50,000

C.

Joseph

pany

4.50%

a

will

company's

would

4.50% Convertible Preferred
Agreement With First Boston

All

Co.—Calls

stock

Corporation—

60,000

supplied by amendment.

be

to

proceeds

the

of

shares of $4.40 preferred,
preferred.—V. 179, p. 2705.

Stock—Sets Up Purchase

$40,000,000

Shares

Johnston, Lemon & Co
A.

Company

W.

„

and

to

meetings

separate

preferred

new

60,000

50,000 shares of $4.44

to

their

the

of

sale

redemption

the

for

the

from

preferred,

$4.50

Georgia & Florida RR —Earnings—

firm

the respective num-

19,500

Peabody

and

Robert

company

a

forth below.

•

Beane

Kidder,

the

on

179,

179,

Vice-President.—V.

Co.—Financing Again Postponed

re-adjourned

and

purposes,

proceeds

used

be

used to repay $1,400,000 of bank loans for
purposes
and for additional construction expenditures.
The company will also Issue and sell to its parent 160,000 shares of
no. par
common
stock in payment of $800,000 of cash advances.
—V. 179, p. 2807.
: • '
'

1,500
3,000

Co

filed

covering

are

Net

1,500

agreed

1965.—V.

1,

1,

a

20.

The

refund
additional

be used
provide

1955,
p. 2037.

April

due

as

!y;:-

States Utilities

redemption

construction

1,500

Shares

-

&

set

common

new

&

severally

debentures,
May

company

1954,

terms

3,000

Inc.

Weld

White,

'

below' have

named

Merrill Lynch, Pierce,
ner

Pomeroy,

1,500

underwriters

1,100
3,000
3,000

F. S. Smithers & Co.
G. H. Walker & Co

3,000

Co

&

being

Frizzell

W.

L.
.

preferred and common stockholders have again deferred action
proposal to Issue 160,000 shares of new preferred stock for

a

July

registration statement with the SEC on June
shares of $1.25 cumulative preferred stock,
no
par value,
to be offered for public sale through an underwriting
group
headed' by Paine, Webber,
Jackson & Curtis and Stone &
Webster Securities Corp.
The public offering price and underwriting

&

L. F. Rothschild & Co
Schoellkopf, Hutton &

1,500
3,000

due

notes

The

3,000

Co.

&

Turben & Co
Webber, Jackson
Curtis
R. W. Pressprich & Co

Paine,

1,100

Co

debt

21AVo

23,

1,500

Merrill,

Sons

&

Marks

M.

$127,500,000

contemplated issue will
redeemed
and
to

the

General Telephone Co. of

Shares

3,650

Securities

Brown

company

Higginson Corp

Lee

2597.

Gulf

be 10-year and $75,000,000 15-year
that the offering will be underwritten
underwriters headed by Morgan Stanley

of

group

from

elected

also

board

The

Haloid
proceeds

3%%

severally

the

-

Pierce, Fen-

Kidder, Peabody & Co.____
American

have

from

numbers of shares of new preferred set forth below.

Merrill Lynch,

nation-wide

a

a

also

tofore.

will

which

expected

Co.,

have

.

with

of

is

It

$87,500,000

below

named

to

....

working capital.
John J. Schumann, Jr., President announced on June 29 that the
company has called for redemption on July 29,
1954 its outstanding

None

mortgage.

underwriters

commitment

.

Co,

the

2,695,000 shs.

20,000,000 shs.

par).

.

the SEC on June 30 a registration state¬
the proposed public offering of $150,000,000 of deben¬
filed

$75,000,000

The

50,000 shs.

50,000 shs.

D

series

Other series

by
&

50,000 shs.
62,500 shs.

50,000 shs.

4.32%

covering

tures,

debentures.

series

for

of collapse
...

company

ment

9,750,000

41/i%

Common stock

board

of

field, the con¬
stacking strength,

packaging

industrial

on

The

15,000,000

__

series

the

thicknesses

five

and

President,

as

Supply

&

A. Swensrud as Chairman

the election of S.

Whiteford

The

10,000,000

series

4Vi%

have

Tire

Gulf

of

directors

K.

p.

10.000,000

1983

subsidiary, have an¬
of the Board and
announced with regret
the resignation of Wm. C. Eaton, who was President and a director of
tis
company
since its organization in 1944. Both Messrs. Swensrud
and Whiteford were directors of Gulf Tire & Supply Company here¬

W.

Corp.—Registers $150,000,000 of Debenture With SEC—Calls $127,500,000 of Sees.

Cumulative

456%

innovation in

an

sides

President of Unit—

Gulf Oil Corp.—New
The

nounced

of

Co.

Geheral Motors Acceptance

11,000,000

sinking fund debs, due 1972
$10,000,000
preferred stock (pqr $100 )
500,000 shs.

Box

of rubber,
it is lighter and more easily handled than the conventional pails and
cartons formerly employed for this purpose.—V. 179, p. 2704.

10,000,000

1981

Corrugated

Albany

the

Though the unique new shipping container holds 50 pounds

Outstanding
$44,972,000

Authorized

1978

series due

by

under weight. Used for
shipment of compounds to G-E customers, the package does not require

FINANCING

PRESENT

1979

due

3s!*%
3V*%

TO

1974

series due

series

EFFECT

1977

due

Development—

staples.

bonds—

series due

series

Co.—New

Department

of the

and modernization pro¬

This program involves estimated expenditures of $45,000,000, of
which $21,000,000 had been expended by May 31, 1954.—V. 179, p. 2807.

gram.

thereby eliminating the possibility

$3.07 per comomn share.
CAPITALIZATION

Products

applied to its current expansion

and

company

hand-folded

Considered

of

was

railroad

new

Cohoes, N. Y.

1954, total operating

and

$72,946,000

were

of 2401

consists

Trust

packaging unit, providing easier and safer
handling of G-E silicone rubber compounds, has been designed for G-E's

1953.

year

by the
2304.

p.

Electric

seamless

A

ended

months

12

General

.

utility
company,
and
about
is electric. The average number of

178,

price and underwriting terms are to be supplied by amendment.
Net proceeds of the financing will be added to the cash funds

including April 1, 1974.

covered

equipment

freight cars.—V.

The dividend rate, public offering

headed by White, Weld & Co.

group

and will mature serially in quarterly

at the rate of 4%

loans
of

and

..

supplying
It

bank

the

facilites

owned

revenue

company

income

net

in

Florida.

term

to

gas

equal,

For

-share.

engaged
of

publicly

company

the

EARNINGS—For
revenues

is

compared

1954,

30,

•-

or

operating

of

customers

prior

and
<

State

privately

any

short

pay

incurred

electric

purposes.

BUSINESS—Company

entirely

to

company

$5,500,000,

additional

provide

to

11

(59)

The Commercial and Financial Chronicle

...

Gross

of

♦Income

notified

Int.

drawn

on

charges

adjust, inc. bonds

Deficit

1

-

♦Exclusive of interest on

adjustment income bonds.—V. 179, p.

2142.

V

Great Northern Paper

Co.—Registers With SEC—

registration statement with the SEC on June
25, 1954, covering 100,000 shares of cumulative preferred stock, series
A ($100 par), to be offered for public sale
through an underwriting
The

company

filed

a

Hunt

Foods,

Consolidated

net

Inc.—Semi-Annual Sales Up—
sales

179,

p.

2142.

months ended May 31, 1954 were
$23,492,949 for the same period in 1953.

for the six

$28,192,669 as compared with
—V.

The Commercial and Financial Chronicle

Illinois

Central

RR.—May Earnings—

Period End. May 31—

1954—Month—1953
$

Railway
Hallway
Railway

22,847,372
17,283,859

25,421,236

114,511,558

expenses

17,967,773

89,204,693

126,127,777
92,155,724

accruals—

3,066,704

4,069,392

13,946,989

18,630,280

tax

Net

&

joint

rents

(net

fa¬
Dt)

and

other

ing

2.060,888

Gross

2,434,766

2,790,991

163,495

195,216

14,277

15,004

__—

Hit., rent for leased

2,686,086

Net

8,925,110
845,560

12,655,687
869,347

96,865

•Earnings
share

per

726,369

109,956

3,328,997

3,640,319

86,547

1,434,588

538,871

2,158,287

SO.50

——

to

like

a

basis,

432,735

5,805,937

in

SO.76

Net

the

five

same

months

last

of

1954—Month—-1953

179,

*243,906

155,103

$4,356,375

3,835,397

4,126,445

Ended

taxes

op.

$102,720

$264,153

$520,978

&iven

of

55,611

122,801

216,552

It

lereon.

has

July

for

for

the

in

authorization

the

and

1954,

to

$9,273,514

319,492

651,159

162,000

335,000

income

(estimated)
>

.

-

request

1972, it

of

from

with

i

four

its

banks

construction

$32,600,000
1

—$0.32

$0.64

announced

was

June

on

30.—V.

during

1954.

1952

$277,284

Jan.

1

Telegraph Corp.—Sales of
Over 100%—

Television Sets Up
Sales

ning

of

at

television

sets

by its

figure more than
on June
25.

a

announced

Capehart-Farnsworth

96,768

that

double

a

year

40,114

ry.

Capehart general sales manager E. W. Gaughan was quoted as
saying
that orders already booked for June and
July are far above those shown
for the same period in 1953.
These figures cover television sales only
and do not reflect the company's
greatly improved sdles in the radio
and high-fidelity fields.

1,417,292

1,374,581

515,180

468,873

188,328

Credit

unified
of

for

the upswing

is attributed

to

lower

prices,

filter

ture

and

"Tri-Fi"

new

three-speaker

both

on

Polaroid

as

sound

national

pic¬

This

corporation

sidiary,
tions

announced

International
the

for

sale

Standard

abroad

June

on

of

28

Electric

Corp.,

unsecured

its

has

concluded
in

the

sub¬

negotia¬
aggregate

principal amount of 75,000,000: Swiss Francs (approximately 17,500,000
If. S. dollars, at the current rate of
exchange).
There will be two
issues: one, maturing on
July 15, 1970, amounting to 60,000,000 Swiss
Francs, at an interest rate of 4%; the other, maturing on
July 15,
1960,
amounting to 15,000,000 Swiss Francs,
at
an
interest
rate
of

3 '/a 7<

.

Both

issues

will

be

public distribution
bers

of

Swiss

a

completed
Corp. will

to

Credit

Switzerland

syndicate.

July

on

sold

in

15,

guarantee

It

is

1954.

Suisse

International

Bank

that

expected

for

Corp.

other

of

transaction

will

Electric

indebtedness

rv.

will apply the net proceeds
parent company, with a result¬
of
International Telephone &

the

Interstate
Trust
by

Co.,

said

to

ifhall

written

Unclaimed

request

interest

26,

1954

look

to

all

only

the

on

6%

such

of

Thereafter

company.

entitled

179,

for

July

persons

to

gold

the

funds

claiming

funds

for

company

Total

net

Shares
Net

—V.

value

such

funds

thereof.

payment

178,

See

821,976

1,806,442

1,753,215

$6,883,492
1,634,965

949,260

975,309

769,721

26,194,942

__

31,313,199

to

33,089,170

years

31,603,982

each

of

Houston,
millions

to

price

V.

officers

is

to

p.

179,

shares

on

and

before

or

(par

held.

$10)

An

July

employees

of

22

the

on

additional
the

for

of

determined

shortly

before

the

offering,

stock

1954

Maine

924,047

825,744

6,500

May 31—

1954—Month—1953

-

revenues—

1953

615,367
$11.08

5,728

through

(J.

1954—5 Mos.—1953

independent

180,631

1,059,385

1,285,315

and

71,873

21,766
29,159

415,427

249,576

inshore

•170,088

144,398

ment

35,919

This

"income

$142,652

$166,155

$982,060

and

$1,158,277

11,827

9,470

60,961

75,040

( $154,479

$175,625

$1,043,021

$1,233,317

int.,

etc

114,4(34^

130,207

586,593

$45,418

$456,428

The

$616,809

2474.

p.

—Files With
The

jf

common

share
one

in

right,

1957

at

at

not

company

17
of

$10)

share,

Months

over

of

warrants

July

1,

a

underwritten.
intends to use the
of

net

additional

one

common

$20

per

for

and

Ended

1954

'
and

income

year

ago

taxes.

and

is

Net

now

approximately the
Hall

same

explained that

amortization

1953

$3,432,221
taxes

cancellation

equipment

and

of

per

share

has

of

as

further,

oalance

of

while

During
leasehold

this

the

year

the

the

a

period

year

O.

2,542,028

increased

and

six

improvements

to

a

earnings
increase

1953.

for

periods

of

the

extent

first

increase

six

Mr.

the

Hall

of:

periods of
during the

earnings

during

for

next

1953.

reported.

Kroger spent $1,721,721 for
$867,429 during the same period

S1X Peri0ds 0f 1954

both

1953

and

that

1954

net

the

like

of

company

be

used

p.

share

(on

245,000 shares)

9,641

on

inmlase«9iV^nt°rieS aS °f JU"e
fnc^ased SsioiS.OOol'^Mr. Sll

12'

1954'

fmnaPprrLprPcendltUreS f0r
«tnpp-

HUe
llle,
.

the first six

?r gra™ °.f establishing

$82,709,893,

were

new

stores

1954

and

for

17

filed

a

common

employees

at

working capital

of May
net

Shares

of

p.

Net

$1.72

$1.62

letter

$11.50

and

of

stock

notification

(par

per

general

for

50

share.

2808.

cents)
The

corporate

to

the

be

proceeds

assets-,—

__

are

to

179,

value
a

Mathieson
Olin

Mexican

of

the

amounted

crude

McBride

notification

New

assets

The

to

oil, at

its

and

Makris

with

the

SEC

Haven,

and

Conn.

business

The

of

H.

net

&

T.

per

Inc.

below.—V.

p.

&

Dominick

actively engaged

and

in

the

major

southern

filed

from

oil

is

and

Louisiana

of

through

and

and

a

for

activities.

activities

The

is

Co.

and

gas,

Wyoming.
currently
in¬

company

offshore

of

under¬

&

oil
in

production

gas

of

Peabody
and

state-;

shares

outstanding

group

Kidder,

Colorado

and

its

registration

issued

in exploration

development

expansion

a

offering of 300,000

stock

Denver-Julesberg Basin of

price of
to

the

corporation

in

the

Gulf

the

stock

will

be

filed

with

the

Commission

in

registration statement.

(N. Y.)—To

Y.,

1947

in

Expand—

June

on

with

the

28

16,000

opening

of

a

feet

square

of

per

more
than 80,000 square feet of space.
the world's largest direct-mail
advertising

of

one

June

on

$250,000

offered

proceeds

at

100'i

6V,

of

be

to

are

filed

24

of

principal

used

for

per

share

additional

of

with

10,

the

1964

underwriting.

178,

p.

388.

Offered—The

stockholders of

common

shares

July

rec¬

before July 19
common
stock at $21
on

or

the basis 0^ one new

on

held

due

capital.—V.

the right to subscribe

286,027

notification

without

Scott Corp.—Stock

25

for

of

bonds

amount,

working

.

City, N. J.—Files—

letter

a

debenture

is offering to its

The

(with

share for each five
oversubscription privilege).
This

an

corporation

will

about

use

$4,050,000

of

the

proceeds

to

retire

4>/2'a

loan from the Equitable Life Assurance Society and the rest
expansion,' according to Louis E. Wolfson, President and Chairman.
—V. 179, p. 2809.
a

for

H.

Mr.

p.

&

Thermit

Martin

E.

has

effective
and

Martin,

Wilcox

Aug.

Chief

will

1,

elected

1954,

Executive

Manager

Company,

Corp.—New President—

been

of

the

continue

it

President

and

is announced

director

a,

by

Frank

J.

of

this

O'Brien,

Officer.

New

in

York

that

district

position

of

until

the

Aug.

Babcock

1.—V.

&

151,

209.

$16.74

Mexican Light & Power Co., Ltd.—Stock Increased—

share made in the

The

179,

this

shareholders

company

•

Chemical Corp.—Consolidation
Approved—

Industries.

furnishing

29

proposed

of

ord June

17,062

*$20.64

share

179, p. 613.

Dominick

is also

June

on

a

certain

in

operating

contracting and engineering services for

All

Merritt-Chapman &

1953

18,262

capital gain payment of 26 cents

specialist

a

Mclntyre, Inc.

covering

be

to

from

See

terms

Pemex

I

Chairman

$50,828,353 $40,226,925
2,462,102
2,403,579

^

is

drilling,

corporation is

The

SEC

offered

purposes.—V.

1954

.

$8,166,Louis-

of

Inc.,

companies

in Great Neck, N.
firm now occupies

the

company,

31—.

current fiscal year.—V.

remodeling

Makris

investment

offering has not been underwritten.
with

Rise-

outstanding

asset

under

and

month,

letter

a

acquire

wKh

$1).

by

by

the

E.)

Metal

Show

"Excluding

totaled

and

Kv
New warehouses are planned
Ky., and Toledo, Ohio, the/
and
report stated.—V.
179,




an

^ ^
Peri°ds of

$397,422

(Calif.)—Files With SEC—

June

shares .of

Number of stockholders
costs

66,000

Massachusetts Investors Growth Stock Fund
Inc.—As¬

Total

next

Mechanics Finance Co., Jersey

$463,422

65,181

:

1723,

sets

S.

San

217,670

$421,519

officers

As

eXceeded

298,796

requirements-^.

sold

offering

space,

June

to

A.

the

five

of

refinery, Kramer, Makris & Col,
firm, is underwriting a $1,500,000
Corp.,
at
$1
per
share.
The

Goodwin,
to

covering

exploration

Starting

four

1954
to

dividend

per common

covering

M'.
in

will

next

Gas

filed

firms.

-f__.

Market Basket

prices

provide

the

McBride

and

oil

the

Mclntyre, President, announced
plant in Westbury, L. I., N. Y.

19,898

$486,700

stock

(par

substantial

shares
Food

for

Lynn

mover

crude

E.

$681,092

investment company filed a
registration statement with the SEC
24, 1954, covering $9,600,000 of its Personal
Investment Plan
certificates.—V. 178, p. 481.

increase

an

&

gas

offshore

This

on

21

area

SEC

to

a

12,489

—

179, p. 2809.

The

reported

decreasing

compared

—V.

daily

by

area.

$785,496

—

Balance

ago.

excluding leasehold improvement
charges in

pSds inri953C

$1.59

new

$661,194

Managed Funds, Inc., St. Louis,
Mo.—Registers With
Securities and Exchange Commission—

change in accounting
policy to
leasehold improvements
resulted in an

change will

$773,007

income

Earnings

Brownsville,

said.

the

&

company's entire income

SEC

for

a

adjustment is being
completed,

first

in

income

(net).

income

Preferred

oil
23

process

early

which

the

headed

This

Net

of

corporation

1481,

'used

and

company

(O.

$3,203,222

2,659,214

—

The

$29.70.

rePorted
19E>4.

years

plus
July 1,

to

share.

provision

worth

operating

deductions

shares

United

Inc.

stock

amendment

an

(& Subs.)—Earnings Higher

May 31—

revenues

expenses

income

Income

common

Earnings Higher—

Same

Mr.

the

share,

exercisable

at

proceeds

plant

7,600

Hal1- President, reported sales
of
$504,451,326,
$16,288,442 or 3.3",
over
the

Tvere

in

one

are

1959

with

company on June 25 reported net income for
the first 24 weeks
$8,035,448, equal to $2.18 per common share after

Federal

ior

and

Other

Gross

notification

stock
(par $10),
rights to purchase

share

to

Kroger Co.—Sales and

2

of

be

indebtedness, purchase
working capital.

This

3,800

The

then

letter

a

preferred

and

unit.

per

filed

preferred

one

$20
per

will

shares

(par

of

$15

offering
The

stock

units

June

on

3,800

Francisco,

Port

McBride

corporation

will

sale

Bodell
be

Coast

being

The

Maine Public Service Co.

Utility

San

Calif.
Exchange Commission—

Securities and

corporation

covering

Corp.,

the

McDermott & Co., Inc.—Registers With SEC

and

is

tends

\

Manufacturing

the

prime

a

Mexican

Oil

June

on

oil

Gulf

with

Coast

■

SEC

the

writers

616,508

$40,015

—

income—

Operating
Operating

in

five-year contract
(Pemex), the Mexican

of 5%
debentures, series A, due July 1, 1962, and
debentures, series B, due July 1, 1970, to be offered

corporation,

primarily in

Co.—Secondary Offering
12

of

p.

Sons,

Ray)

8,401,790

$11,044,558 $11,239,356

devoted

offering of 2,000 shares of common stock
(par $5) was made on June 22
by BIyth & Co., Inc. at
$23 per share, with a dealer's discount of
35 cents per
share. It was completed.—V.
179, p. 2370.

&

8.417,598

<Dri„_

oper.

179,

Ap¬

Mexico.

McBride

on

to

are

1,643,256

The

Net

and

Pa.; Long Island

arrive

corporation,

and

in

announcement

179,

Barnes,

$2,040,967

rents-——
rents

Income-—

Rentals,

McBride

citizen

dollars

the

go

6V,

of

1,667,739

income——

Gross

the

crude

June

on

investment banking

$95,000

$95,000

167,824

Equipment

$7,654,142

the

Mexican

McBride

company

covering

$2,086,007

Taxes

Other

to

at

which

corporation

by

will

proceeds

expenses

ry.

and

Central RII.—May Earnings Lower—

Period End.

fac.

mili¬

McCluskey Wire Co., Inc., New Haven, Conn.—Files—
The

1953

$30,292,025

outstanding

of

S.

the

Texas,

issue

offering

is

$36,960,249

.

docked

in Brownsville, Texas.
finance, improvements to

To

McCluskey

—V.

Iowa Electric Light & Power
—A secondary

Kimball

barrels,

announced,—V.

assets

oil

was

jointly

shipment

McBride

Houston,

The

company.

Maxson's

refinery

one

shares

2706.

be

U.

between

107,000

690,062

basis
64,685

Maxson-designed
of

$22,000,000

Petrolio Mexicanos

under

of

Mexican

a

of

crude

far-reaching

and

contract

barrels

initial

The

Mexican

a

monopoly,

President

contract

record

of

of

announced

Antonio,

eight

of

23.

the

7,500

were

6,204,877

of

terms

oil

2,879,717

stockholders

applications

Oil &

of

4,919,391

common

systems

Maxson

on June

Details

9,164,831

its

at

from

u'-r

Maxson

in

long-range planning and evaluation

shipment

government

Texas,

7,848,126

to

leased

R.

this corporation

4,183,849

offer

has

■

advisor

in

under

of

plans

Maxson

Gas Corp.—Oil
Shipped From Mexico
Financing Planned in July—

1,616,336

„

which

engineering facilities in

4,315,849

—

factory

been engaged in

of

first

between

Loomis-Sayles Mutual Fund—Has Record Assets—

Net

854.

p.

$6,636,651

1951

,

common

$11,640,319

share—.

per

and

McBride

acquire

offered

Operating
Operating

E.

continued

modern

a

York

The

1952
$6,544,270

342,302

income

for

be

Total net

Edward

„

Maxson has

1935,

States
1953

As of June 29—

of

paid

$13.81

_■

661,396

2473.

p.

company

made.

1952

be

778,614

-.

1,148,576

444,397

&

due

1954

assets

outstanding

asset

1,181,847

489,117

$5,120,744

—

railway-

share

Joint

May 31—

607,558

422,558

income

subscription

Investment Trust of Boston—Assets
Up 52% —
As of

456,419

1—

oper.

to

as

and its
manufacturing plants at Old Forge,
City, and Hempstead, N. Y.—V. 179, p. 2597.

2597.

7, 1954 the right to subscribe
additional shares of common stock
new

of

United

has been engaged in the
engineering, design
precision equipment and specializes in
electronics
electro-mechanical system and apparatus for
the Armed Forces.
proximately 3J300 persons are employed at its

3,372,963

July

held

holders
will

of

any

1160.

p.

Bank

debentures

unclaimed

3,338,180

Number of shareholders
—V. 179, p. 1722.

Funds—

Chemical

upon

trustee, for repayment to it of all
trustee
remaining unclaimed
by the

claims

on

the

be

—V.

Co.—Seeks

made

successor

or

that

over

has

successor

coupons
and

Power

company,

income-—

2,811,766

Long Island Lighting Co.—Rights to Stockholders—
The

Shares

The

2,796,755

in

technical

The

Corp.

to

ing increase in the working capital
Telegraph Corp,—V, 179, p. 2706.

a

New

railway—_

179,

a:

Slaughter, U. S. Army retired, has
joined this
as Plans and
Programs Advisor; according to an announce¬
by H. A. Leander, President. General
Slaughter will serve

Since

146,276

from

Net
—V.

to

Leonard

Advertising.

sg'.:, for the calendar
approximately
$2,400,000, and iHs current
backlog
than $2,700,000. Its
operations " 1 be

more

manufacture

257,558

152,462

Jan.

be

Telephone and Telegraph
principal and interest for both

the

371,329

202,358

railwayrailway—.

from

are

the

368,464

oper.

Net

mem¬

International

payment

Standard

its current

Swiss

by these two banks and

issues.

against

and

54,331

p.

from
ry.

Gross

wholly-owned

debentures

1951

1954

Net

United

and

corporation

$743,265

60,079

from

From

that

1952

$839,584

income.—

oper,

Net

system.

with

Manufac¬

according

Advertising Corp. for
officer of its
manufacturing division since
General Manager of United
Manufacturing

an

continue

Brig. General Willis

Lehigh Valley RR.—Earnings—

Unit to Sell Debentures Abroad—

United

Leander

and

Maxson

associated

been

were

1935

products,

1953

May—
Gross

the

Corp,,'
A.

Advertising.

—Stock

merchandising program for distributors and retailers because
company's three full lines of television, radio, and high-fidelity,

the

comprehensive advertising and promotional program
and local levels, and such exclusive
Capehart features
a

1953

complete and

a

of

H.

tary projects.

$946,938

railway
railway—.—

179,

by

Appoints /General Slaughter—

208,345

railway——

from
ry,

will

Conn.,

558,479

184,215

$515,544

from

Net

1

Manufacturing was established in 1942 and is
engaged in
development and production of electrical
testing equipment used

ment

railway-—-

oper.

Net
—V.

been

has

to

1,394,036

441,261

141,043

income™

From Jan. 1—

Gross

July
respectively of

the design, development and
of precision
equipment and specializes in electronic and
electro-mechanical apparatus for the
Armed
Forces.
Maxson
main¬
major manufacturing activities at
Long Island City. N. Y. and
Old Forge, Pa.,
and a large serearch and
development division and
generkl offices in New York City.

42,408

1,370,695

1954

Net

business

Advertising

on

tains

2597.

p.

from

corporation

this

ago,

has

amounts

134,763

42,309

railway-..

from

Net

are

the

United'

extensively by the Armed Forces, the aircraft and
electrical industries,
major airlines throughout the world. Its

1951

113,681

May—
Gross

run¬

division

acquired

He

year

Lehigh & New England RR.—Earnings—

&

$3.43

Maxson ownersnip.

as

Telephone

a

and

and

$310,296.

95,676

railway

oper.

178,

$2.05

Maxson announced the appointment
Vice-President in charge of the
Division.

Keefe

years

the

1—

from

from

—V.

$1.88

of

1942.

179,

31,880

income

oper.

■

$1.06

manufacture

1953

$295,460

railway

ry,

ry.

$1,819,904-

made

Presidents

as

Mr.

27

.

International

announcement

Since

$281,096

railway

From

Net

$1,100,615

Simultaneously,

490,338

1954

Net

4,172,243:

$998,375

Corp.—Further Expansion—

has

Division

Hamden,

from

Gross

1,195,070

'

under

has

hearing

a

28,138,006;

2,355,721

United

from

Net

$34,130,153:

21,955,181

618,950

Maxson

Co;,

United

issue

to

L.)

Dreyfuss,

$316,159

490,338

,—

$24,250,866

14,807,793

share—

1724.

p.

corporation

Keefe,

$157,492

—-

outstanding—.
;

joint

■

~——

1954—6 Mos.—1953

$18,161,889

$570,896

per com.

179,

turing

&

due

Gross

Commission

$6,000,000

connection

expenditures

1266.

p.

12,

borrow

to

1954,' to be used
calls

SEC

banks;

to

until

proposed

31,

the

to

notes

persons

which

urogram,
—V. 179,

applied

promissory

prior to Dec.

1953

Lehigh & Hudson River Ry.—Earnings-

Michigan Electric Co.—Bank Loans—

is

1954

on

1954—3 Mos.—1953

11,588,580

taxes——_

(W.

427,752

ry;

interested

Earns,

2808.

p.

$900,595

inc.-

taxes

(& Subs.)—Sales and
Earnings Off

earnings

This

April 30—

income

on

earnings

notes

2473.

company

61,298

179, p. 1266.

Net

This

136,733

Net

—V.

May—

?3,000,000

213,312

Monday, July 5, 1054

.

1,154,337

298,374

'

Northrop Co.—Notes Sold Privately—Smith,
Barney & Co. has arranged for the private placement
prior to June 15, 1955 of $4,000,000 3%% promissory

$5,027,040

870,164

Indiana &

1,283,745

224,400

.

$12,778,426

Costs arid all expenses—
Federal
inc.
&
excess

2473.

p.

Earned per share_;

1954—5 Mos.—1953

$1,134,317

757,123

oper.

1,235,073

$6,108,965

Leeds

$859,843

p.

363,004

768,335
197,760

income

oper.

Common shares

year.

expenses

railway

152,056

railway—

i

$3.28

revenue-

—V.! 179,

320,348

railway-

Months

Net

$1.97

oper.

from

262,116

Period End. May 31—
sales

Net

profits

9,379,182

oper.

rev.

403,113

241,309

Earnings before Federal

Illinois Terminal RR.—Earnings—

Net

ry.

—V.

Period Ended May 31—

Hailway
Hallway

from

from

Six

2473.

p.

365,642

Net sales

common

(new)

263,502

income

oper,

Federal

income-—

"Restated

179,

665,562

_J_„—'

of

$519,561

Lakey Foundry Corp.—Earnings Decline—

chgs.

Balance

1951

$653,016

railway-^.--—

"Deficit.—V.

sink¬

funds

1952

$631,874

72,798

/

rrs,

fixed

applied to

Xucome

593,080

ry.

1953

$513,208

railway

From Jan. 1—

Net

ry. oper. income
income Cr
deductions

-V.

435,921

from

Net
Net

Mueller Brass Co.

1354

from

Gross

revenues

Superior & Ishpeming RR.—Earnings-

May—

$

oper.

cility

Other

$

oper.

ifSquipment

Misc.

Lake

1954—5 Mos.—1953

$

.

2143.

stockholders

1,776,836

future

to

on

June

2,500,000.

29

voted

to

increase the

authorized

shares

The increase was asked in anticipation
postponed because of the situation arising out
of devaluation of the Mexican peso April
19, from 8.65 to the United
States dollar, to 12V2 to the dollar.—V.
179, p. 2598.
of

financing,

now

13

(61)

Number 5339

Volume 180

.

The Commercial and Financial Chronicle

.

.

Light Co.—Tc Borrow From

Milwaukee Gas

applied to the SEC for authorization to issue
$10,000,000 of promissory notes to ba^ks; and the Commission has
given interested persons until July
15, 1954, to request a hearing
thereon.
It is proposed to borrow the $10,000,000 from six banks, to
be nsed to pay off an outstanding $5,400,000 note and to finance its
construction program.—V. 178. p. 388.
The

■*'

i

' •"

-v

.

1953

$1,677,742
353,665

$1,721,542
280,169

$1,703,471
258,757

199,638

railway—~

frcm

Net

ry.

railway——

from

Net

136,221

127,867

income

oper.

Net

ry.

808,028

oper. income—
179, p. 2474.

—V.

1,809,803

1,610,876
710,925

1,542,843

railway—

from

Net

Railway
Railway

8*696,633
1,811,492
524,572

8,734,575

8,653,370

614,590

Net
Net

Net

ry.

1953

$180,553
11,078

$205,444

$251,658

32,697,
6,819

97,911

>?'<.

*1,575

income

oper,

1951

1952

-

railway-,

from

Net

Net
*

income

■',

sy.

1,142,093
366,324

1,088,912
334,507

112,137

130,152

126,034

from

ry. ,oner.

1951

$601,410
47,860
'*67,270

$586,135

1 65,283

*12,924

$682,208
124,820
11,093

From

Gross

2,479,079

2,878.924

2,805,635

Jan.

from

Net

ry

*109,775

income

Deficit.—V.

*38,626

179,

*201,109

*193,630 '

'

V

;

railway——

1254
$440,853
,168,911

income—

86,902

railway-

from

Net

from

Net

ry-.oper.

from

Gross

from

Net

ry.< oper.

—V.

[

railway—

Net

railway—

179,

p.

74,248

78,586

Net

from

2,477,254
1,030,782

2,145,910

2,161,581

770,329

913,202

369,066

343,789

From Jan. 1—

Net
Net

"J.*?

.

ry.

—V.

1953

1952

$500,360

$446,817

$491,454

131,984
" 39,344

88,219

151,919

22,779

62,630

2,362,141
514,153
79,754

.

from

income

oper.

2,417,685
618,915
223,290

2,279,408
504,771

2,336,612
674,082
267,009

:

179, p; 2475.

184,905

.Donald

V.

trend

of

June

and

on

balance

the

downward

Prlsident, on June 24 said he feels the
the Katy has run its course, and that

Fraser,

revenues

the

of

reduction

a

He
in

vested

than

and

pointed

weeks

two

some

later

that

out

usual,

than

crop
the crop, while being har¬
is of much greater yield

said

that

has placed privately with institutional invest¬
ors
an
issue of $2,800,000 of 4% first mortgage bonds
due 1984 through Stone & Webster Securities Corp., it
was announced on July 2.

.

The
and

anticipated.

been

Fraser

Missouri Pacific RR.—Earnings—

1954—Month—1953
1954—5 Mos.—1953
$16,107,817 $19,090,941 $86,193,959 $99,246,523
13,582,990
15,995,096 70,563,973 79,564,919

revenue.

oper.

Railway oper. expenses.
Net

Net
—V.

179,

1,213,182

p.

ry.

$19,681,604
7,166,814 10,498,767

$3,095,845 $15,629,986

$2,524,827

income—
2598.

oper.

ry.

oper.

fr.

rev.

proceeds

for

Norfolk

from

Net

ry.

From

1,716,856

June 21

on

Utah—Files—

Salt Lake City,

filed a letter of notification

with the SEC

offered

offering 2,000,000 shares of capital stock (par four cents) to be
at six cents per share through James E., Reed Co., Salt Lake City,
Utah.
The net proceeds are to be used to pay expenses incident to

operations.

mining

from

Net

ry.:loper,

from
ry.

Net

from
ry.

net

PROCEEDS—The

and

for

are

No.

'"

<■

stock
will

There

100,000
stock

at $3

$1)1

(par

also

upon

completion

additional

100,000

purchase

share.

per

:

outstanding

be

to

warrants

Outstanding
166,633 shs.

Authorized
1,000,000 shs.

■

Common

FINANCING

PRESENT

TO

EFFECT

GIVING

V

of this financing
shares of common

organized

was

company

in Delaware

on

April 12,

1952

1951

$723,503

$795,781

283,179

336,677

158,032

69,928

123,148

County,

railway—

142,201

income.
2475.

3,617,273

N.

1,323,548

1,472,475

279,330

474,077)

act

Inc.—Introduces New

Cost-of-Living

this

cost-of-living

index

changed

has

since

the unit was first
year during

event by more than 7 Va % for each
the intervening period.
After retirement, the position will be checked each six
the amounts of individual pensions will be adjusted.—V.
but

in

no

National Cuba Hotel

months and
179, p. 2372.

Corp.—Offer Made to Debentureof America below.—V. 179,

holders—See Sheraton Corp.

J*••

717,.
National Cylinder

Gas Co.—Acquisition—

California Carbonic Co., Los Angeles,
its carbon dioxide business, Charles J.
1.
The outstanding capital stock of California Carbonic has been ex^
changed for 22,576 shares of National Cylinder common stock .
The
Los
Angeles firm sells carbon dioxide
in both liquid form,
which ultimately is used as gas principally for carbonated beverages,
This

company

has

acquired

thus further augmenting

in

President, announced on July

solid

form

as

dry

ice.—V.

from

Net

ry.

Net

Net

ry.

179, p.

2144.

This

Gypsum Co.—Expands

company,

with

Sales Organization—

effective July 1, established a new sales division
Chicago, 111., to accommodate its expanding
activity.
Melvin H. Baker, Chairman,
an¬

headquarters in
production
and
sales

nounced.
"This

represents

an

effect to intensify our




marketing of this year's

p.

The

Co.—Rate Increase

has been granted an
Commission, estimated to

company

U.

P.

before

basis

annual

to

5,128,375
1,152,773
124,604

4,482,836
700,446

24,576

new

rate

j

226,898

.

income.__
2475.

Edison

Ohio
This

5,352,438
1,074,939

71,805

.

railway.—.

oper.

179,

Ohio

62,058

454,994
196,165

.

railway

from

—V.

158,301

5,165,178
1,204,212

income

49,998

Granted—

industrial rate increase by the
amount to $1,902,000 on an

taxes.

became

as of June
10, 1954, and
customers.—V. 179, p. 2599.

effective

approximately 800 industrial

applies

Oil

used

to

oil

for

properties.

producing
locations

drill

located

proceeds

net

PROCEEDS—The
be

on

Denver,

Co.,

and

gas

from the securities
on offset locations

At the present time

leases

in

offered are to
located on the

there are 18 such offset

Creek, Lincoln, Payne and Kay

Counties

Oklahoma.

He

net

income

the

of $2,891,

the company reported a
loss of $86,172 for the preceding year.

calendar

against

a

year

1953

was incorporated in Colorado on June 17,
business office in the Zook Building,
actively engaged during past years in the
business of exploring for, drilling for, and producing of oil and gas.
The company now proposes to expand these operations to intlude the
transportation of oil and gas, the construction of refineries, gasoline

BUSINESS—The

1936.

It

Denver,

maintains

Colo.

extraction
The

Wyo.;

It

its

principal

been

plants and pipelines.
currently holds

undeveloped acreage under oil and gas
in Big Horn, Crook, Johnson, Weston and Washakie Counties,
Mesa,
Moffatt and Rio Blanco Counties, Colo.;
and Grand
company

the New York Stock Exchange; and he may
to specific persons, firms or corporations in
The company will receive none of the proceeds !of'

shares

the

offer

also

to time on

time

from

sale

off-the-floor sales.
sale.

the

to

According
at

prospectus,

the

price of $30Vs

average

an

now

owns

a

"Assuming that such shares are sold
share (the closing price on the New

per

to be

Exchange for

approximately $2,959,000. less

by the sum of

Packaging Materials Corp.,
corporation on June 23
2,250 shares of

The

covering

SEC

$105,000

and

15

the amount
these shares
expenses:"—V. 179, p. 2250.

these shares on June 14, 1954),
received by Mr. Getty will exceed the cost to him of

Stock

shares

(of

subordinated 5%
stock and $700 of

Providence, R. L—Filer—

filed a letter of notification with (he
common stock (aggregating 45,000)
debentures, to be offered in units of

debentures, at $1,000 a unit,

underwriting.
The proceeds are to be used
and
for working capital;
also for reduction

2011.

without

for equipment
lokns.—V. 177.

to pay
of bank

y.

Mills Corp.—Option

Patchogue-Plymouth

Exercised

heretofore granted to Pilot International Corp. by tha
holders of the common stock of Patchogue-Plymouth M'Us
Corp. owning more than 51%
of said stock to purchase their shares
of said stock for the price of $55 per share has been exercised.
Notice
has
also been
received by the American Stock Exchange
that Pilot International Corp. has agreed to purchase from all other
holders of the common stock of Patchogue-Plymouth all. or any part,
of their shares of said stock at the price of $55 per share.
Holders
of
said stock desiring to accept said
offer are required to tender
their certificates to The Chase National Bank of the City of New York,
The

option

principal

agent,

before

or

on

made

agent

said

by

July 21,

1954, where payment

less deduction for

therefor will be

stock transfer taxes.—V. 157,

1563.

p.

Sold Privately—A new is¬
mortgage 414% sinking fund
due May 1, 1969, has been placed privately by
& Co., Inc., Philadelphia, Pa., it was announced
Dairies, Inc.—Bonds

$1,528,000

of

sue

bonds,
Stroud

June 30.—V.

on

first

168, p. 254.

Industries, Inc., Petersburg,

Pinellas

Fla.—Files—

15 filed ?. letter of notification with tho
8%
convertible 10-year debentures and
16,500 shares of class A common stock, the latter to be off^ed ».;•
$3.50 per share.
The net proceeds are to be used to pay obligations
incurred for
construction of plant and for working capital.
Eiselo
& King,
Libaire Stout & Co., New York, has been named as under¬
corporation on June
$241,610 of

The

covering

SEC

writer.

.

Pittsburgh &
Railway

Lake Erie

31—

revenue-

oper.

expenses-

Railway oper.
Net rev.
Net

179,

—V,

fr. ry.

oper.

ry.

p.

oper._

income—
2476.

RR.—Earnings—

1954—Month—1953
$2,698,694 $4;576,632
2,648,463
3,245,071

June

On

certificate
share

of

25,
Co.,

1954,
New

$4,998,7 i
5,707.35j

Co., Inc.—Par Value

Changed

634,295

$1,331,561
(1,396,112

stockholders approved an amendment to
incorporation of the company so as to change

24,

of

1954—5 Mos.—1953
$14,461,186 $21,512,ltd
14,014,119 16,513,33.1
$447,067
3,544,219

$50,231

Pittsburgh Metallurgical

common

part Interest in leases in Payne, Creek
and Lincoln Counties, Okla., ana Montague County, Tex., from which
oil
and
gas
are
currently being recovered. It also has producing
properties located in the West Kutz Field, San Juan County, N. M.
company

June

shares <30.78',;-1 of the outstanding common stocck of the
together with 443,747 shares (33.49% ) of the preferred stock.
of record but not beneficially 51.41 %
of the common and
of the preferred.
He proposes to offer the 100,000 shares for

company

has

County, Utah.
The

registration statement with the SEC on

owns

Period End. May

EARNINGS—For

With SEC—

Oil Corp.—Registers

Western

1,535,311

Peim

Colo.—Stock Offered—
This company, according to a prospectus dated April 15,
1954, has given stockholders the right to subscribe on
or before July 31,
1954, for 800,000 additional shares of
common stock
(par 5 cents) at 25 cents per share. The
Central Bank & Trust Co., Denver, Colo., transfer agent,
will also act as subscription agent. Any remaining un¬
subscribed shares are to be offered to the general public
at market. The offering is not underwritten.
Oklahoma

merged

company,

1951
$1,020,299

'

railway

oper.

from

Gross

1952
$1,338,020
536,591

$1,267,949

it

covering 100,000 shares of its $4 par common stock.
Thj
shares represent outstanding stock held by J. Paul Getty of Los Angeles,
President and Director.
Mr. Getty is listed as the beneficial owner oi

p.

1953
$1,172,366
381,661
132,373

1954

;

railway__<_

from

leases

National

and

Pacific RR.—Earnings-

Northwestern

in

Haines,

Petroleum

From Jan. 1—

of pension plan, the first ever established
to
maintain
standard of living of
employees after retirement not¬
withstanding changes in the purchasing power of the dollar, has
been adopted by this corporation,
it was announced on June 30 by
G. T. Baker, President.
The new plan, which provides benefits geared to the cost of living,
is
expected to attract the widest attention in financial circles and
among employee relatidns experts,
and undoubtedly will serve as a
prototype for many other companies seeking to meet the problem
of inflation
as
it effects retired employees.
Joint
authors of the
program,
which has been designed to meet
the desires of National Airlines,
are the National City Bank of New
York, which will act as trustee, and Alexander & Alexander, Inc., of
New York, consulting actuaries, to N-A-L.
The
new
plan will remain permanently up-to-date, since benefits
are
tied
to
a
24-month
moving average based on the Consumers
Price Index published by the Bureau of Labor Statistics.
Each unit
of
pension credited to each employee during his active career with
National Airlines is
adjusted at retirement in the same proportion
type

new

is the largest single stockholder
Consultant.—V. 179, p. 2707.

Dallas*

of

Brunei*

its

May—
Gross

Pension Plan—

credited,

M.

H.
as

Net

strikingly

purpose

3,650.515

1,079,987
227,188

869,903

railway—
p.

the

Arnold

3,074.015

2.384,046

for

Federal Power Commission for
at competitive bidding on or

1954,

25,
•

said

were

corporation filed a

The

has been over¬

would use about $25,000,000 of the proceeds
Power Co. that were assumed whan
and that about $5,000,000 would be
construction.—V. 179, p. 2475.

for

used

York

,

1953

will

National Airlines,

and

speculation."

to be used to pay for drilling
2 well in Montague County, Texas,

proceeds

of the Reed
working capital.'

completing

363,749

income

oper.

179,

Calif.,

$1) at $3 per share."as a

stock (par

common

2145.

of Mountain States

bonds

companies

the

Pacific

Corp.—Stock Offering—J. R. Williston & Co. of New York City is offering 99,966 shares of

p.

16.

company

retire

to

11,486,431

$732,837

1—

Jan.

Net

p.

23,336,222
10,929,875

52,276

railway

oper.

irom

that

8,939,358

1954

Net

A

6,627,174

income...

$52x,593
196,402

railway

from

Net

—V.

81,138,948
23,811,417

of producing and selling crude oil, and exploring
and developing its own and other properties. The principal office of
the corporation is in Dallas, Texas.
It owns producing and non-produc¬
ing leases in Montague County, Texas, and the entire seven-eighths
working interest in 10,515 acres of non-producing property in Lincoln

Monongahela Ry.- -Earnings—

Gross

84,474,370

12,632,341

75,775,400
18,449,393

Nortex Oil & Gas

and

to

about Aug.

2,628,090

2475.

p.

BUSINESS—The

May—

From

2,110,943

The

railway.

179,

2,316,676

66,799,197

railway.....

Net

1954

Gross

1,739,897

1—

Jan.

from

Gross

plans to' apply to the
sell $30,000,000 of bonds

company

authority

.

income...

oper.

111.; Baltimore,

Co.—Plans Financing—

Pacific Power & Light
The

railway

53.22%

Monarch Uranium Co.,
company

share by Blyth & Co., Inc. and assocaites
subscribed. See details in V. 179, p. 2810.

,

1951

Net

to be maintained in East Alton,
Conn., and New York, N. Y.—V. 179,

Haven,

New

Pacific Gas & Electric Co.—Preferred Stock Sold—
vThe recent public offering of 1,000,000 shares of 4.50%
.redeemable first preferred stock (par $25) at $25.75 per

Ry.—Earnings-

Western

&

founded In

!

1954
1953
1952
$13,854,740 $15,843,032 $16,348,280 $17,594,610
5,701,878
railway—__
3,427,039
4,553,205
4,369,969

irom

CAPITALIZATION

The

obligations

to pay certain outstanding
179, p. 1482.

to be used

are

construction.—V.

new

May
Gross

—V.

Railway

Md.;

continue

will

-offices

entire

the

Period End. May 31—■

2809.

p.

Sold Privately—The

Electric" Corp.—Bonds

.company

Southwestern wheat crop is larger
than
expected and
that farmers
and businessmen throughout the*
territory were now expressing optimism for the year as a whole.
"Wheat
carloadings on the Katy's northwestern division promise
to
be twice
as
great as last year's" he said,
"and should run to
5.000 cars, compared with 2,500 in 1953."
In regard to the Katy's outlook,
Mr. Fraser said that the greater
portion of the railroad's expenditures for maintenance
was taken
•care
of
during the first five months of the year, and that the
current
pickup in freight tonnages, coupled with reduced expenses,
should enhance the picture for the rest of 1954.—V. 179, p. 2474.
Mr,

incorporated below.—V. 179,

Textron

Newport

$368,00p compared with the same month of 1953.
based his observations on the substantial new wheat

territory,

had

were

of

Said, he

Katy

Co.—Sale Ratified—;

Newmarket Manufacturing
See

will
Olin

and are generally of the same size.
The new corporation will
approximately 36,000 employees, 43 plants in 24 states in this
country,' and 16 plants in foreign countries.
Olin
Mathieson
products will include industrial and agricultural
chemicals,
petrochemicals,
"Squibb" pharmaceuticals,
"Winchester"
sporting firearms, "Western" and "Winchester" sporting ammunition,
cellophane, polyethylene film, industrial explosives, non-ferrous alloys
and
frabricated metal parts, "Ecusta"
fine quality papers, "Frost"
forest products, "Powell" insecticides, "Ramset" powder-actuated tools
and fasteners and electrfcal pioducts.
Present plans for the new company do not contemplate any changes
in basic operations, according to Mr. Olin and Mr. Nichols.
Principal

year

release
of
the
May income
figures,
which reflected a gross revenue of
$5,819,000,
a
reduction" of $1,297,000 compared with May
of last
year,
and net income, after adjustment bond interest, of $152,000,
comments

Fraser's

Mr.

.

results for

wiH 'Show improvement.
made in connection with tlje

which the merger will become effective
according to John M. Olin, President of

and

1892
Ijave

Missouri-Kansas-Texas RR.—Earnings" to Improve—
.

upon

shortly,

announced

kof the Finance Committee of the new corporation.
The merger will bring together two companies which were
;

-

f

effect in the two companies.
date

exact

The

be

1

from railway....
railway——

„Gross

1951

1954

123,438
37,031

income...

oper.

ry.

June

Thomas
S. Nichols,
President and Chairman of
Mathieson.
After the merger, Mr. Olin will become Chairman of the
Board
of
Olin
Mathieson and
Mr. Nichols will become President.
John W. Hanes, Financial Vice-President of Olin, will become Chairman

$484,568

railway..__

railway..—_ *

.

,

The

Industries,

'

~

from

Gross

.

Net

v" 469,369

'

May—

•

k

2,098,989
648,899
324,969

—

income
2474.

215,491

./

previously in

Susquehanna & Western RR—Earnings-

New York,

$487,180

153,347

115,715

•

$447,235

;-

-

,

'<

From Jan. 1—

1951

1952

1953
$527,264
266,463

>

Refining

County, N. M., and
this Block.—V. 179,

stockholders of this corporation and Mathieson Chemical Corp.
29 approved the merger of the two companies to form a new
Olin Mathieson Chemical Corp.
The new company will
.be. one of the nation's important diversified processing and manu¬
facturing enterprises with total assets of about $500,000,000 and sales
of over $500,000,000.
j
Both meetings also passed a restricted stock option plan for execu¬
tives
of the
new
corporation, to be substituted for similar plans

Missouri Illinois RR.—Earnings—
May—
Gross

farmout deal with The Frontier

a

Inc.—Consolidation Approved—

Olin Industries,

2475.

p.

2040.

P.

3,068,302
443,887
*83,126

272,474

309,155

*654,212

railway.—__

.oper.

-

*8,791

'

1—

railway,

from-

Net

*

$512,832
>

income,

has made

acreage

deal

corporation,

1952

railway.

railway..!—

Net

.•

excess

in the "B" Block, San Juan
pending to test the Dakota Sand on

the

a

in

Well.

1

company

for

now

are

tested

been

No.

on

1953

1954

irom

Gross

27,364
•

Western Ry.—Earnings—

&

May—

71,810

36,070

2474.

179, p.

Deficit.—V.

'

$230,385

1,173,860
334,587

1,003,604
179,496
71,211

railway—

oper.

ry.

9,322,197
.-V J •.

6,527,597

1,848,902

■■

and

Sands,

have

$4,421,254 $16,046,555 $22,514,175

1,374,951

Ontario

York,

Net

railway

from

from

Net

$3,462,162

2707.

p.

New

From Jan. 1—
Gross

179,

oper._

ry.

income^— *

oper.

46,730,818

41,804,557

9,585,134

8,361,674

horizons,

producing

all

The

Co.

,

1554

railway—-

from

Gross

fr.

rev.

ry.

—V.

"

•/

expenses.

oper.

the

RR.—Earnings—

Mississippi Central
May—

revenue.

oper.

RR.—Earnings—

1954—Month—1953
1954—5 Mos.—1953
$11,823,836 $14,006,388 $57,851,112 $69,244,993

31—

has

which are the Skinner, Perue and the Red
producing from the Red Fork.
These wells
of 400 barrels per day.
The
company's Olinghouse No.
2 was drilling at 3,250 feet on
June 28,
and the correlation on the big line was running flat with

three
have

Chicago & St. Louis

New York,

three

it

Forks

$1,761,124
342,785
95,487

to

which

.

Period End. May

railway

from

Gross

$40,364,672 $35,902,201
179, p. 2475.

DEVELOPMENTS—The company is now drilling a direct
producing wells in Payne County, okla., in one of
a
one-fourth interest.
These three wells have found

RECENT
ofset

9,160,630 shs.

Martgan, President; E. W. Davis, Vice-President;
Secretary; and A. Asborno, Treasurer,

H.

Murchison,

G.

Wm.

-

■

1954—24 Weeks—1953
$232,522,003 $209,584,767

1954—4 Weeks—1953

Period End. June 19—

—V.

From Jan. 1—

8,223,482

'

Outstanding

10,000,000 shs.

cents)

five

(par

OFFICERS—W.

Sales Up—

National Tea Co.—Current

1951

1952

'

''

.r

'•

•

•

Sales

1954

May—

'

gypsum
paint, rock wool,
p. 2249.

FINANCING

PRESENT

Authorized

stock

Common

wallboard,

gypsum

lime, .asbestos products,
insulation board.—V. 179,

and

materials

•

including

materials,

plaster,

lath,

acoustical

TO

EFFECT

GIVING

CAPITALIZATION

are

building

of

metal

and

''''

'

-

now

company

variety

Ry.—Earnings—

Minneapolis & St. Louis
Gross

The

has

company

sales

"Our

Mr. Baker said in explaining the realignment.
2% ahead of 1953's total of nearly $117,000,000."
manufactures under the Gold Bond trademark a

production,"

increased

Banks—

-i.

1954,

th >
ea-n

stock, par value $5, into two shares of new
$2.50. This amendment was filed on Juno
with the Secretary of State of Deleware. The Bankers Trusi
York, is exchange agent.—V. 166, p. 1792.

present common
stock, par value

(Continued

on

page

51)

.

j

14

(62)

The Commercial and Financial
Chronicle

Per

DIVIDENDS
Dividend announcements

tables.

In

nounced

the

first

grouped in two separate

are

the

all

indicate

we

during the current week.

Then

dividends

Eastern
Ekco

an¬

a second table in which we show the payments previ¬
ously announced, but which have not yet reached their
payment date.

-

Per
Name of Company

Acadia-Atlantic
Common
$1.^0

Share

Refineries,

Sugar

A

Allied Control Co.,

■.

preferred

Industries,

Corp.

Amerada

Petroleum

American

Can

American

&

Co.

$1.20

Effird

$1.25

Radiator

8-13

7-23

Field

14c
-

8-17

Steamship

Americ.n

Thermos

Food

1

7-10

6-30

7-10

6-30

7-10

9-24

9-1

$1.75

9-

1

8-24

$2

7-

1

6-23

\._

Co.,

Qardner-Denver
4%

Mills,
Steel

7-20

2

Common

5%-

8-

$1.12%
22 V2C

(quar.)

com.

2

9-

78-

1

(quar.).

27 %C

9-

1

8-

5

Gladding,

62 %c

9-

1

8-

5

Goodall-Sanford,

$2.36

preferred

59c

9-

1

Equipment, 4%%

6%

preferred

preferred

2nd

Atchison,

preferred
Topeka

5G»/4C

9-

1

9-

1

8-13

9-

1

8-13

$1.50

Santa

Fe

Ry.

(quar.)
(quar.)

From

Ayres

investment

(L.

4%%

S.),

preferred

(quar.)

series)

Rubber

Co.

Bartgis

Bros.

Co.

quar.)

Class

A

Belknap

7-15

7-15

6-30

ment

took

at

Edison

$3.80

(quar.)

Co.

action

on

held

common

June

on

(quar.)

Burrus

Mills,

Gas

Horn
5
2

7-

Co.,

common

10c

(quar.)

8-16

95c

10-

15c

Ltd.

(interim)

this

at

payment
Co.

6-30

8-

2

8-

6

8-

2

10c

Linen

$1.50

1st

Mills,

Ltd.,

preferred

Calif.

partic pfd. (quar.)
Electric Power Co., $3 pfd.

Calif.

Water

$1.32

&

Telephone Co.,

preferred

preferred

$1.02

Class

Car &

A

Co.

__

Central

Kansas

Power,

Chicago, Aurora

Chicago Corp.
Chicago Mill &

4%%

pfd.

Elgin R. R.
(quar.)_
Lumber

Co.

9-

8-

$1.19

7-15
7-20

7-12

preferred

20c

8-

25c

9-30

1

7-

(quar.)

__ZZ_ZIZZZZ

Electric

Co.,

(quar.)

Consolidated
Consolidated

Co.

(Ga.)

Consumers

Power

Inc.,
Co.,

partic.
com.

4.50%

preferred
preferred

pfd.

Copper

preferred

&

(quar.)_

'

&

Indus.,

pelaware Power
&

Detroit Gasket

Detroit
Dl

&

Canada

Steel

&

Class

B

Products Co.

(quar.)

Dominion
5%

A

(quar.)

&

2nd

convertible

$$1.25
-$1,05

preferred

Co.

-

25c

8"

1

2

8-16

30c

8-

8-13
.8-13
7-10

7-27

2

7-19

7-

1

6-25

8-

2

7-

6

of

at

7-

2

7-15

(quar.)

Inc

on

common

common

Structural

preferred

at

Steel

Shovel
&

30c

div.)

Mississippi Power

&

Light,

4.36%.. preferred

$6

50c

$2.25 .preferred. A
Motion

%

Mount

6%

(quar.i

Royal

Mutual

Mills,

Ltd.

7

7

Neptune

Meter

$2.40

New

York

common

Wire

9-

1

8-13

Northern

8-

2

7-15

$2.45

$30c
ioc

9-

8-13

Northern

7-31

Oberman

6

cash

Consolidated

1

7-

8-16

8-

7-17

Okonite

(quar.)

Co.

plus
Gold

Illinois

Co.

$20c

Gas

7-

6-23

10-15

15c
37 %c

(quar.)__

60c

(quar.)

5c

8-10

7-15

2

8-15

7-30

8-15

7-30

8-

2

30c

8-

2

9-15

7-20
7-14
9-

1

share

of

1

6-21

8-2

7-2

25c

$15c

10-

1

8-31

10-

1

8-31

$$1.25

9-

1

25c

$1.75

1

6-21

8-16

$50c

8-27

7-

$2

7-20

7-

1

6-24

33c

7-10

6-22

7-10

6-30

31 vic

7-

1

6-21

g-

2

8-

2

Inc.—
56Vic
45c

pfd.

(quar.)
surplus)

River

30c

7-22
8-14

7-30

8-

2

7-13

8-

2

7-

9

7-15

I2V2C

7-20

7-12

30c

7-31

7-15

25c

8-

7-26

70c

9

8-16

8-

2

9-

1

8-16

50c

7-

1

6-23

5%

9-

1

8-16

60c

8-15.

7-30

dividend)
(quar.)
payment

successive

on

>

quar.

10c

;_

7-

1

6-19

15C

(quar.)___

7-

1

6-19

8-

1

7-19

30c

Line

8-

35c

:

8-20
7-

6-23

30c

8-26

8-

8-

2

7-16

8-10

7-19

633/4C

pfd.

1

9

5

Corp.—

(increased

quar.)

(quar.)

60c

$1.25

income

6c

9-

1

8-13

7-30

7-15

—

$1.25

(quar.)

$1

pfd.

(quar.)

7-

1

9-

1

8_2o

7-6

7-2

62V2C
15c

6-21

7-19

6-30

7-15

7-

2

(initial)

$25c

7-20

7-

5

(quar.)

20c

7-

6-25

com.

(quar.)

7-

1

$25c

9-

1

75c

(quar.)
Co.

on

25c

(Directors
dividend

a

6-25

7-30

8-16
10-

8-

1

2

9-15

again

payment)

Corp.
(quar.)

(quar.)

25c

Corp

(monthly)

9-10

$1

9-30

9.20

10c

Co.

Co.

1

$1.25
Ltd.

(quar.)

Mfg.

Jr.

2

$1.08

Instrument

Oil

7-15

1

25c

(quar.)

action

7-15
8-

8-

$56'/4C

.__

Breweries,
RR.

Cement

7-15

8-16

8-16

7-16

25c

8-26

(quar.)

8-20

1

8-20

1

9-20

11-1

10-2O

50c

_r_______

1

910-

25c

Gas

9-

25c
25c

j

8-2

7-15

give the dividends announced in previous
weeks and not yet paid- The list does
not include divi¬

1

dends
-

8-9

9-10

we

:

announced

this week,

these beings given in the

preceding table.
Per

Name of Company
Abitibi

Power

&

Co., Ltd. $1.50 pfd_
Above Issue called for redemption on
July
30 at $25

,

A.

C.

F.

$12V60

(From

Common
Common

(quar.)

Common

(quar.)

not

75c

6-25

7-15

8-15

7-27

9-15

9-

75c

—

2

$1

profits)

(quar.)

preferred

JZoM

7-30

75c

surplus

(quar.)

7%

When

Pavable of Ren.

share plus dividend

per

Industries Inc., com.

Special

■

Share

PaDer

12-15

12-

1

3-

1

75c

(quar.)

,

$1.75

8-

3-15-55
8-

2

I

7-15

7%
7-30
15c

6-30

7-23

7-

9

20c

(quar.)

6-21

7-

9-2

11-

1

9-22

12 %c

7-

1

6-2L

50c

8-

2

7-16

preferred

(quar.)

$1.75

9-15

9-

1

7%

Pato

Dredging

Co

9-2

1

2c

Co.,

Electrical

Below

9-14

8-31

(liquidating)—

l/20th

.

9

8-

20c

(quar.)__

preferred

(quar.)

7-31
6-30

50c

(quar.)

Engineering Works

Mfg., 5%

~

2

2

5c

7-12

6c

(quar.)

Empire Mines

in

8-14

7-16

5c

2

7-

50c

Coal

no

York County

7-12

common

$1.75

Co.

•

7-12
'

1010-

15c

(quar.)

Co.

Extra

'

7-10

(quar.)

common

Cloth

2.

J50c

$56'/4C

Monthly
Monthly

7-15

7-15

(quar.)

Merchaadise

Niagara Share Corp.

Northern

I

Co.,

preferred

York

,8-2

$30c

(quar.)

Wrigley (Wm.)

7-15

63c

7-

Co.,

5c

■

7-15

(quar.)

com.

6-22

Fund—

Iron

&

preferred

Wichita

7-15

7-30

8-25

omitted

Equipment, Ltd.

Whitehall

7-15

.

6-21

Co.—>

investment

Inc.

1

15C

(Boston)

Biscuit

1

2

56Vic,*

.

Products Co.,
(quar.)

Rice

Fund

net

Pacific

5

(quar".) Jj

Clemens Metal
preferred

Mount

(quar.)'.

com.

^

9-

7-16

1

(quar.)

Laboratories, Inc., 5%
Investing Corp

Weston

9

11-

2

8-

$5c

.

Advertisihg SerVide

~

8

7-

2

Street

took

6

7-

1

8-

.$1.09

.

*

Picture

8-

$1.50

<quar.)_
_•

7-

1

8-

7-

2

20c

Pipe
(quar.)

Westmoreland,

7-15

9-15
12-

$25c.i

pfd.

2

2

7-16

$1.06%

(quar.)

Porcupine Mines, Ltd
Morris Plan Corp. of
America,

8-

5%

McArthur Chemical Co.,. Ltd.—
5%. preferred
(quar.)
>

8-

7-22

50c

7-

$1.25

(quar.)

(stock

Calif,

Westmoreland

7%c

37y2c

7-10

30c

Corp., 5%

Canada

8-31

(quar.)

(quar.)

capital

Gas

of

Western

Co., Ltd.—

(stock

Co.

Western

7-15

Co

Co.

7-

$62%c
(quar.)

Walker
Wall

this

9-15

7-15

(quar.)

Continental

5%

$$1.25

8-

(quar.)__

Watson-Standard

7-23

7-15

(quar.)

preference

Corp
Mfg. Co.

Virginia Coal

2

75C

6

8-2

4V2%

the second

Aircraft

Waterous

Corp

Field

for

preferred
Oil

Warner Co.

(s-a)

7_

(quar.)

United Telephone Co.
(Indiana)
5% preferred (quar.)

4

7-

5

7_15

(reduced)

(Directors

Co.

From

7-21

7-15

8-

(quar.)
preferred (quar.)
(quar.)

Mfg.

United

pay¬

(quar.)

8-15

7-15

8-

2

Glass

United

deferred

payment

preference

8-15

2

1

8-

8-14

(quar.)

convertible

Metal

Union

6-30

9-

7-16

7oc

6%

Co.

Transcontinental

7-14

7-31

30c

(Directors

7%
preferred
(quar.)
National Chemical &
Mfg.

8-

2

7-15

7-26

$10c

Co., common
preferred A (quar.)

Townsend

Inc.—

no action
time.

National

$37Vic

8-

7_15

7-31

(quar.)
Co.

Corp.

Corp.

7-12

$1

Fund,

7-19

7-15

2

60c

Publications
on

8-

7-15

2

Aircraft

Titan

7-15

$15c

._.

Mutual

this

2

$$2

(accum.)

8-

7-22

2

8_

7-26

(quar.):
class A (quar.)

(from

com.

&

Towmotor

6-30

75c

1

8-

Light—

Co.

P.)

stock

$2.55

7-15

B

Ltd.,

Co., com.
preferred (quar.)

6%

6-30

45c

8-

15c

50c

Co.,

Coo.

Finance

Timm

7-15

(quar.)

6-29

2

Time

6-25

2

$1.80

7-12

8-

9

8-

&

&

Corp.

com.

9-15

Inc.—

preferred

2

9

8-

1

18c

(quar.i

Power

$10c

(reduced)

Pittsburgh




6%

3

Ltd~ZI

(quar.)

pfd.

Corp.

8-

7-

1

45c

8-

40c

2c

Corp.,

(quar.)_

Brewing

Tire

Macotta

$$1.25
common

preferred

Dupuis Freres, Ltd., 4.80%
Duquesne

9-

9- -1 •

-

$1.25

8-14

9-

10-

56'Ac

(quar.)_

iquar.)

25c

Dominion-Scottish Investments, Ltd
5%

8-

7-15

8-25

45c

;

:

25c

(quar.jZZ

(quar.)

Dpminion Fabrics, Ltd.,

1
1

15c

(quar.)

$2.40
Thor

6-25

1

25c

preferred

Separator,

Thatcher

7-15

7-

Roofing—

Taylor Instrument Cos.

2

6_2j

8-2

$1.50

Container Corp.
Supermarkets Corp.

4.32%

2

8-

&

Taylor-Colquitt

2

8-

$1.50

Bakeries,

25c

income

Investment

&

Co.

1st

New

investment

Anglo

preferred

4

98-

8-

8-10

:

preferred

50c

Z

Shares, Inc.—
net

3

35c

ZZ.ZZZZ

(quar.)
Co.
(quar.)

____

From

3

9-

15c

(quarl

Co.

Tunnel

Giorgio Fruit Corp., class

Dividend

9-

1

60c preferred

Mathieson Chemical
Corp., com.
Quarterly cash dividend
4y<%
preferred
(quar.)__

7-23

1

10-

8-10
8-10

Moneta

~~

Mfg.

8-20
10-

17%c

ZZZZZZZZZZZ"

Light"

Maul

Inc.—

(quar.)

(quar.)

(quar.)
(quar.)

United

participating

Marion

6-30

$113

(quar.)__

(quar.)

4'/2%

Bleachery,

Marshall

6-30

$112

37 %c

$1.25

(quar,)

Rubber

5%

6-30

31i/4C

Co.

Co.

7-15

55c

Crown Zellerbach
Corp., $4.20 pfd. .(quar..)ZZ
Davenport Water, 5% pieferred
(quar.)
Inc. (quar.)
Vilbiss

Inc.,

preferred

Mackinnon

9

6-30

7-15

7-15

15c

paystrom,

Detroit

7-15

7-16

time).

"

(quar.)

preferred

Bryant,

$1.50

7-31

$1

6-30

«

15c.

Tampa Electric

7-10

7-15

6-30

action

2

■

7-22

7-20

7-15

MacFadden

6-23

8-

$1
30c
31 Vic

(quar.)

j

8-10

5C

Co.,

Superior Steel

7-15

25c

ment

2

8-

2

8-15

_

.

Dean

8-

8-16

8-20

~~

Steel

Continental

De

8-

8-16

20c

(quar.)

^Transportation Lines
Corrugated Paper Box Co., Ltd.5%

6-23

$1.37%

j.

_

iquar.).:

5%

2

(liquidating)

2

8-

Locks, Inc. (quar.),___;
Consolidada, (S. A.), American pfd. shs.

Directors tqok

6-26

60c

(quar.i

4.52%

Continental

15c

7-31

7-26

Lowell

7-15

7-31

Stone

Superior

7.

9

$i.i6

(quar.)

(quar.)

Inc.

Light

Fuel

(J.

6_2i

$i.50

Power

Sunrise

10-15

Link-Belt

7-15

8-

(quar.)_

2

Loomis-Sayles

2

7-15

1

9

7-31

7-12

2

8-

8-

7-

8-

7-30

A

Iron

Gas

(A.)

j

ji5c

convertible

Stevens

7_

21c

Power

Stein

6-18

7-

8-6

(quar.)

Common

9-15

$1

2

25c

Foods

Standard

7-15

1

10c

(quar.)

1

preferred

& Power

series

Standard

6-16

1 "

11-

7-31

'11

1

8-

62 %c

(accum.)_

pfd. C

(quar.)_
5V2%
preferred

Lockwood-Dutchess

50c

Royalties,

2nd

7-

10-

7-

7-26

+20c

5%

States

Springfield

8-16

$1.75

9

15c

(quar.)

Extra

preferred

Electric,

7-

33c

(quar.)

Consolidated Metal Products
Consol.

2nd

7-

$1.50

(quar.i
J_

5%% pfd. (quarZHZZ
Coppermines Corp. (quar.)

Gas

common

7-12

35c

(quar.)

common

preferred
(quar.)

common

preferred

7-22

17c

Gas.

(quar.i

1st

7-31

$20c

1

$1

7-31

25c

Fund, Inc.—
Z—ZZZ
Commonwealth Edison Co., $1.40
pfd.

6%
preferred
Concord Natural

5%

Co.,

9-

15c

(quar.)

Legare Co., Ltd.,
Lehmah
Corp
Lewis
Bros., Ltd

9

8-16

13 3/4 c

Lee

6-25

1

4V'2%

8-16

9-

6_i8

5c

Co

Canada

Common

8-16

1

50c

common

25c

(quar.)

Colonial

Concord

6-30

1

9-

25c

common

Co.

30c

J.) Co.. Ltd. (quar.)
(Dan) Co. (quar,):.

preferred

Co.,

Inc.,

9-

97 %c

:__

(quar.i

25c

Coghlin

convertible

L.)

Common

7-20

$1.25
pfd.

$1.32

1

$1

_______ZZZZZ

8-

35c

(quar.)

(quar.).;

Inc.,

6-30

93 3A c

common

2

75C

5% pieferred
(accum.)
Special
Investments &
Securities,

6-24

7-21

7_

ioc

Additional

8-19

6-30

6-25

6-18

(Texas)

Co., Ltd._^
Southern Ice, $7 preferred
(accum.)
Southern Industries Fund, Inc

6

9-10
.

$1.05

Co.

Electric

Langendorf

9

9-15

$2

(B.

Co.,

(quar.)__

preferred

$1.80

Clinchfield Coal Corp.
(quar.)
Coast Counties Gas &
Elec., 4%
4.80% preferred B (quar.)__
Cohen

&

7-

(quar.)

Lane

Co.—

Cleveland, Cincinnati, Chicago & St. Louis—
5%

$1
30c
17 %c

Kwikset

6-30

$2

(extra)

(F.

Kuhlman

4%

preferred (s-a)__
Citizens Bank (Bklyn.)

B.)

Heintz,

7-15

1

2

(quar.)_.

(H.)

Southern

7-21

7-

25c

(S.

Southern

(quar.)

Service

preferred

Kroger Co.,

La

1

7-21

2

RR.

Sons Ltd., 5% pfd. (quar.)
Morgan) Co. (quar.)
Smyth Mfg. Co

6-21

10c

Inc

(quar.)

7%

7-

7-20

2

8-

7-

(reduced)

Potomac

(quar.)

Simon

6-30

8-2
8-

75c

&

preferred

Dairies, Ltd.,

B

Smith

7-15

50c

(Bridgeport)

Mutual,

preferred

6%

1

7-15

Class

Corp.—

preferred
<s-a)
Knudsen Creamery Co.,

1

(quar.)__

7-15

Extra

7-12

2

2

5%

8-20

9-17

17 %c

______

(quar.)

Inter-Terminal R. R.

9-10

88-

Silverwood

7-20

iqc

class B~

6%

preferred

7-20
7-12

25c

Ltd.,
(quar.)

Stores,

2

2

$50c

Co.__;

Shedd-Bartush

7-15

25c

Machines

preferred

&

3

(liquidating).

&

Business

Kentucky Stone

3

8-

50c

Cold Storage Co.
iquar.)
Central Hudson Gas &
Electric (quar.)

8-

8-23

35c

(quar.)_

Central

8-23

$20c

I

7-

2

8-12

$1.25

7-10

2

9

$$2.50

(s-a)

4%

2

8-

(quar.)

Kalamazoo Stove & Furnace Co.

7-10

8-

7-

(quar.)

7-10

8-14

5c

(quar.)

Co.,

Stores,

8-

7-23
8_

+50c

4V2 % preferred series B
(quar.)
Shawmut Association
(quar.)
;
Extra

6

7-12

Kennedy's,

$25c

__.

$1.25

(quar.)

Foundry Co., Ltd.—
__________

7-15

1

1

7-15

1

7-

8-

1

7-10

1

7-15

56 %c

7-15

(quar.)__

Shawinigan Water

7Z23

9-

7-10

1

8-16

8-25

$$1.12>/2

(Los Angeles)

Corp.

Leather

Shaffer

40c

com.

&

&

Seton

7-30

8-

Y.)t

1

8-

com¬

25c

(N.

1

8-

share

$1.25

Co.

1

8-

per

6

7-31

—

Valley Gas Co.

Aircraft

Scarfe

8-25

(quar.)_

Hardart

8-

25c

(quar.)

Carborundum

Thrift Co.

&

8-

30c

9-10

20c

8-

31'/4c
_

8

W5c
f

Johnson & Johnson, 4%
Johnson Testers, Inc.

7-15

St.

6-21

Jefferson

7-15

1

7-

7-

5

}30c

W Fine

Claps A

(quar.)

33c

(quar.).!

(quar.)__

Ordinary

8-

7-15

j

7-15
8-

15c

Building Co., 6% preferred (accum.)
Foods Inc., 4% pfd.
(quar.)
Croix Paper Co.
(quar.)

&

Schaffer

(quar.)

preferred

Jacobs

Rohr

6-24

6-23

7.

(s-aj"Z__I

A

Gas

S

6-30

6-30
7.15

$1.25

Russ

called

Co

Co.

Public

4%

7-15

1

75e

(quar.)_
.

(quar.)

preferred

Marx

25c

(quar.)

com.

(quar.)

Canadian

8-

1

8-

$20c

(quar.)_

preferred

$1.25

6

8-

$38c

2nd

8-

$20c

(quar.)

com.

(quar.)

1

7-23

2

6-26

(J.

2

Extra

Caldwell

9-

8-

(quar.)_
Fund, Inc. (from investment income)

Jack

7-16

20c

9-10

$2

isc

50c

(quar.)

Co.

7-12

2

$1.50

5C

Light & Power, common
preferred (quar.)

4.65%

2

50c

preferred

Ivey
$1.75

8-

8-

35c

'

class

Rockland

6-25

7-12

7-12

25c

Co., common
preferred
(quar.)

6%

7-28

>

7-20

10%

Paper

Sargent

into

Convertible

3.90%

time.

(quar.)__

2

8-27

25c

issue

2

_________

Fredericksburg

Grande

Rising

(Texas)—

;

4.20%

(quar.)

Cement

8-13

&

Finance

3.75%

action

110

7-

30c

&

Iowa

6

Rio

9

5c

Investors

7-21
7-

65c

;

took

8-20

7-15

$$1.50

18 %c

Investors

7-12
6-30

$3c

(quar.)

60c

(entire

8-

$1.37Vi

37J/2C

Roanoke

(quar.)

July 30 at $52

Quarterly
Mortgage

9-20

25c

<quar.)___

(Directors

1

7-19

7-

Cementing Co.—

on

7-28

(quar.)
obligations (quar.)

Div.

6-25

40c

International

2

7-12

Well

2

Common

8-16

1

25c

Insurance

(quar.)
4.50%
pfd.

Mfg.

Hudson

9

8-

Oil

Mfg.

5%

7-20

8-

10%

Co.

common

8-

1st pfd.

Holt, Renfrew & Co., Ltd., $5 1st pfd.
Holyoke Water Power (quar.)
Home Light & Power Co.
(quar.)

9

5c

(quar.)

preferred

Calaveras

9

2-

70c

Inc

M.)

8-

11-10

25.

.__

Perkins

(A.

1

2

1

9

8-

(quar.)

(s-a)

Richmond

7-

7-20

preferred

Republic Supply Co.

5

the

Extra

pay¬

(quar.)

Reef Mines,
Brewing Co.

Burger

1

for

4>/a%

•}.

7-9

(quar.)_

Petroleum, Ltd.,
B

7-9

1

(quar.)

A

class A

Class

9

9-

$1

July 30

Honolulu

dividend

Broulan

1

3-

payment

6%

Lite

Schaffner

Higbie

Corp.—

Co.

preferred
6c

912-

to

Hettrick

2

15C

8-

35c

Corp. of America, 4%% pfd, (quar.)i
Hercules Powder Co., 5%
pieferred (quar.)

4

7-

15c

no

Taunton

Stock

8-

2

20c

(quar.)

$2

7-9

t

{

7.9#?

ZZZZZZZZZZ

i——i

A.),

I

g-

B

Reliance

7-

7-15

(C.

8-

1

$1.25

dlass

Brewing,

8-1

95c

(quar.)

(quar.)
Reeves-Ely Laboratories

7-16

2

8-

$1.30

Quarterly

'

meeting

Oil

Boston

Brooxs

1

8-

15C

Bishop

Brockton

9-

a

8-16

$$1.25

Hat

5

$6

Quarterly

Directors

7-

$75c

(s-a)

Mfg.

6

8-

7-

Hartford Steam Boiler
Inspection & Ins. Co.—■

6-30

7-15

on

this dividend).

Hart,

7

5c

:__L__
Hotel
&

9-

Ltd.—

(quar.)

Hardware

1

15c

30c

Paper Co.,

Franklin

10-

$1.25

.___

2

40c

Cj.,

plus

8-

7-20

20c

(quar.,____

B

Class

7-15

$10c

.___

Reed

8-12

(quar.)

redemption

mon

(s-a)___.

Quarterly
Bingham-Herbrand

Cinn.

2

for

Co.—

(quar.)

Co.

Power &

Benjamin

$1

7-15

8-

pfd.

Co., common
preferred (quar.

Haloid

7-20

2

_

Body

Bathurst

80c

7-30

3
2

(quar.)

4%

Ltd.,

Co.

Southern

Increased

8-

__;

Brothers

7-20

7-30

98-

62 %c

Quarterly
Halle

6-22

7-21

50c

Top

Class

7-21

$1

Co.

&

Inc.,

Belyea,

Halliburton

25c

Extra
Batavia

&

7-12

7-26

$1.12%

—

Extra

on

7-16

$1.12%

______

(quar.)

(increased

Bangor & Aroostook RR.
5%
preferred (quar.)

7%

7-30

9
2

2

(quar.)_

quar.)

taken

Union

Gr«,at

8-13

1

2

25c

Baldwin

Byers

1

9-

8-

20c

—

preferred

(1947

—

788-

8-13

2

dividend)—

Red

preferred.

Gordon
Grand

$2.40

income—

4 % %

9-

$1.25

56V4C

(quar.)

&

Mfg.

McBean

action

6%

8 "20

40c

(quar.)

Corp., $2.25 conv. pfd.
Axe Houghton Fund "B," Inc.—

Avco

No

5

$1.31 >/4

<quar.)__-__

common

iquar.)___

common

(reduced

(quar.)

5.25%

7-15

1

8-

$110

(quar.)

common

Preferred

9-

$1.17

common

Raymond Concrete Pile Co.
Raytheon Mfg. Co. (stock

6-29

35c

preferred

preferred

Aro

2
6

2%c

(quar.)_
Wares, Ltd.—

preferred

Associated Dry Goods Corp.,

87-

_____

Inc.

$1.10

8-

7-16

(quar.)

$2.50

(quar.)

8-24

2

$2.50

(quar.)___._.
Telephone Co. of Ky., 5.20% (quar.)
Genessee Brewing, class A & B
(quar.)__

5

8-

6-21

93 %c

General

6

8-16

6-30

25%

(quar.)

Co.,

preferred

General

6-30

8-

25c

(quar.)

7-16

75c

dividend)

(quar.)

Co.,

7-

$1.07%

Plate Glass Co.
(quar.)
(Thos. G.) Corp., 7% 1st
pfd (accum.)
«P°rtlland .Wooler* Mills, 6%?pfd.
(quar.)
Prentice (G. E.)
Mfg. (quar.)
Prosperity Co., 5% preferred
(quar.)
Quarterly Distribution Shares (quar.)
Quebec Power Co. (quar.)

7-16 *

1

60c

General
7-i5

$1.25

2

8-

Extra

Karkj—

„_

Service

Co.

(quar.)

*

Pittsburgh

8-

20c

Madison

Gameweil

preferred

5fc%

$1.75

Ave.; $5 preferred (quar.)
Frankenmuth Brewing
(quar.)

6-30

25c

preferred

pfd.

(quar.)

Pittston

2

7-21

7-15

10c

Plant

(quar.)_

(stock

7-15

Machinery & Chemical—

3%%
400

Corp.

Appalachian Electric Power—
4 % %
preferred
(quar.)
Public

7-

30c

7-

2

preferred

5%

7-16

9

$1.50

Florida

Fair Stores

1

7-

8-21

2

50c

(quar.)

(quar.)

Corp.,

8-

$1.12>/2

(quar.)_

preferred

4-40%

Co.

7-15

$1

Sanitary

(Abilene,

Bottle

&

7-22

30c

(quar.)

—_______—

Telephone Co.
preferred
(quar.)

Field

2

6-25

8-

8-

Gear Co.

preferred

PhillipE-Jones

7-16

10c

__

Telephone Corp.

2

15c

(quar.)

Marshall

8-

Corp.,

&

4.30%

2

$35c

—

pref.

Products, Inc.—
preferred (quar.)___

prior

Food

____________

25c

—___

8-

iquar.)

American

$jl.40

8-

8-16

31 ViC

Standard

Ltd.,

8-16

Firth

Inc.—

(quar.)

Grain,

65c

(quar.);
4%
pfd. (quar.)

3.80%

7-20
7-20

9-10

Inc.—

preferred

Oil

Machine

Holder*

Payable of Reo.

25c

Philadelphia Electric Co., 4.68%

7-20

7-31

50C

<quar.»_

&

0%

9

7-

8-10

7-31

Aggregates,

Western

Perkins

When

Share

,

(quar.)

$1.25

Coast

Pacific

6

,

Co.

convertible

7-13
8-

1

15c

35c

—

7-16

8-31
9-

10c

—

Pacific

7-15

15c

Sterling Inc., 7% preferred (quar.)
Fitchburg Gas & Electric Light Co. (quar.)

5c

8-13

62 %c

Co.

Fibreboard

7-23

25c

Company

Pottery

Co.

7-15

—____

(quar.)__
(Marshall).
See

7-17

1

8-

I2V2C

_________

American

Arizona

Feiters

tquar.)

(quar.)
preferred (quar.)

5%

Pederal

8-20

(s-a)_

(quar.)
Casualty, com.

&

Common

7%

9-10

preferred

preferred

preferred

Amer.

Mills,

Fidelity

prior

9-10

Outlet

7-15

1

.—_—____

Falstaff Brewing Corp. (quar.)
Fashion Frocks, Inc. (quar.)

1

1

50c

preierred

&

9-15

_______—

(quar.)

convertible

Exeter

10c

(quarj_

Inc

American

1

10-

—

Inc., 7%- preferred

Amalgamated Sugar, ;S.%

4%

10-

2nd

88-

(quar.)

common (quar.)
(quar.)__
preferred (quar.)
Hampton Electric (quar.)

1st

5%

Onondaga

6

8-

40c

(annual )_^__—______

preferred

8-16

Per
Name of

2

8-

$1.12%

(quar.)__—_——__l.—____

common

Holder*

8-12

50c

(quar.)—v~—--

Forge & Steel Corp.,

6%

Payable of Ree

30c

+

Ambrook

Erie

25c

(quar.)—________

Co.

convertible

$$1.25

preferred
(quar.)
Aircraft Radio Corp, (quar.)

4

$2

Holder*

$12 %c

(quar.)

5%

Mfg.

Payable 0/ Reo.

(quar.)

(quar.

common

preferred

Equity Corp.,

Ltd.—

(quar.)

class

When

Utilities Association

Products,

4%%
Emhart

follow with

we

Steamship Line, Inc.

When

Share

Name of Company
Eastern

Monday, July 5,1954

...

preferred

(quar.)

$1.75

12-15

12-

1

$1,75

3-15-55

7%

preferred

(quar.)

3-1

Acme Aluminum

$1.10

•'Adams

conv.

(J. D.)

Alloys, Inc.—
preferred (accum.)
Mfg. Co.

27V4c

(quar.)

(Continued

25c

on

page 48)

1

7-15

*VlO

8-

6-15

Number 5339

Volume 180

Financial Chronicle

The Commercial and

...

(63) jg

•

,

Stock Record «» NetV Yo rk Stock Exchange
FOR EVERY USTED ISSUE

-

PRICES

YEARLY RANGE OF SALE
^

STOCKS

Previous

Year 1953

Jun

8Vi Sep

14

49% Apr

7

115 % Apr

8
20

9% Jan

6

11% Jan

19

5% Jan

29

Jan

112

25

99

29

Jan

5

106

3

10% July

23

6% Jan

49% May 25

32

73% Jan

8

93

29

85 % Mar 18

4

22% Apr

Dec

72

7%

20

Dec

31

26% Jan

6

27% Jan

Adams

14

2

35% May 12

v* Sep

35% Jan

4

25

25

4

29% Jun 29

16

59% Jan

27

58

18% Dec 31

32% Jan

6

18 % May

10"% Mar

6

7% Jan

4

Jun

14

7% Sep

49% Sep

3

29% Jan

114% Jan

5

150

Jun

3

•2

Sep

11

3

Sep 15

152

Oct

9

81

25% Sep

8% Oct

Sep

17

Dec 29

Jun

29

167

4

2% Jan

4.50%

14

Jan

12

81

3% Jan

4

4% Feb

Feb

15
9

4

8
1

28% Jan

4

97

8
3

Mar

104

4
' May
92% Mar 11

$4

May 21

Allen

10

8

96% Jun 29

Allied

9

18% Jan 20

8

26

Jan

4

32% Jun

16

37% Jan

4

47

Jun

18

Allied

3

Nov

4

90

Jan

5

96% Mar

45% Jan

4

59% Jun

8

115% Jun

24

42% Apr 23

62

Dec

10

41% Apr

21

54% Jan

20

47

1% Dec

29

3% Mar 24

30% Dec

24

36% Mar 24
19% Mar 18
5
189% Jan

108 % July

52% May 25

16% Jun 29

14

148% Oct

2

65% Jun 25

1% Jan

5

28

Apr

23

19

Jan

11

166

Jan

4

197

May 24

7

73

May 26

Jan

57

6

Feb

35

16

2

75% Jan

11% Dec

31

15% Jan

8

11% Jan

4

70% Dec

29

84% Feb

4

70% Jan

4

15

29% July

8

26% Mar 16

Jun

14

25

2

82% July

93% Aug 20

99

Dec

17

14% Nov

5

20% Feb

2

16% Jan

4

24
23% Jun 16

Jun

12

Jan

6

56

Jan

4

62% Jun

Jan

4

11 % Jun

18
16

37% Jan

4

46% Jun

30

50

59

26

102% Jun

18

40% Jan

Sep 17

27

31

Jun

30

20

96

Jun

15

2nd

13% Sep

11
11

167/8 Jun

3% Sep
31% Feb

15

12

Nov

26

34% Jan

26

Sep

14

Dec

18

2

23% Dec

17

21

Sep

3

25% May 27

90

May

6

96% Mar

4

55% Jan

6

Jan

6

51

49% Jun

9
10

151

39_%

28% Sep
6% Jun

30

Jan

26
4

107

7

4%%

2
15
2
46% Mar 16

Jan

9% May 13

26% Jan

32% May 28

13% Jan

15

8

20

12% Nov

2

17% Feb

Feb

19

11

May 25

8% Jan

27% Jan

18

35

Dec

31

33% Jan

Jan

9

67

2% Dec

29

4

Aug
3
5% Mar 25

57

26

11

Feb

1

11% July

37% Mar 11
68 % Apr

28
Jan 28

23

37/a Feb

Mar

2% Jun

16

Mar 18

31

24

39% May 27

36% Jun

15

48% Dec

29

44% Jan 20

31

7% May 17

Jun

5
28

23

8% Dec

13

6"% Jan

100

Jun

25

21% Jun

24

26% Dec

36

Nov

6

Jan

14

227/a Jan

15

17% Jan

4

25% Mar 18
4
104% Dec

23'/a Jan

12

100% Jan

19

18% Mar 26
100% Mar 17

12% Jan

4

85 % Jan

6

21% Feb

24

94

9

Jan

16% Sep

15

21% Sep

16

Jun

25

99

57% May

92

257/a Mar 31

Apr 21
16 Vb Jun
3

107

12% Dec

23

93% Dec

31

19% Sep

18

79% Jan

12

86% Dec

24% Mar 16
31

84% Jan

4

92

16

2

17% Jan

11

26

15% Sep

19% Feb

18"% Jun

8

26% Feb

27

11

94% Jun

23

105% Feb

9

13% Sep

15

18% Ffeb

2

19% Jan

27% Apr

100% Jan 20

107

Mar
July

7%

3

1

2

Feb 24
vb Jan 27
Feb 23

7

31% Jun

18

31

17

7

22

7% Jan

22

42

14

4

5

18
14% May 12
47% May 5
24
Feb 23
37 % July 2
52%, Jun 29
18% Apr 19

15

7% Jun

Sep

Jan

19% Apr

Dec

15

37

Mar 27

May 4
39% Jan 12

11

20% Dec
29% Jan

5

28% Sep

16

6

15% May

39% Mar 24

32% Jan

30

34% Jan

4

13% Jan

36% Jan

12% Sep

21

15% Feb

148

Jun

11

171% Feb

6

6

Jan

2

8% Jun

23

6% Jan

24% Nov 30

22% Feb

30

Jan

159% Jan

16% July

6

41% Dec

15

65% Jan

25% Sep

14

44

136

25

Jun

35% Dec

18

117% Dec

30

25% Sep

21

Feb

2

38

36

Sep

15

58

14

134

49

12

Apr

14

152% Jun

10

59 % Dec

23

128% Dec

24

35% Oct

22

111% Dec

4

Jan

9

9

7
7
7
28
10
15
5

Jan

7

10% Feb

a

119

19

113% Jan

4

9% Jun 25
25% Feb 17

37% Feb
120 % Mar

27% Jan

2

15% Jan

4

94% Dec

4

93

11
11

71% May

89% Dec

17

66

May

21% Jan

5

68

14
Sep 21

3
4

Jan

6

Jan

29

Dec

29

45% Feb

26

29% Jan

43% Sep

15

57

Jan

30

45% Jan
30

1 JO

5.

Sep

59

Sep

10

11% Sep

23% Aug 27
94

.Tun

Vo

25

97

31% Dec
106% Mar

foomotes see page




26.

12% Jan
73

5%

Amer

19 % Jun

28

Jun

4

39

Jun

25

4

55 % Jun

3

Jan

5

37% May 17

Jan

6

106

Feb

8

400

♦215%

22

34%
22

22

*21%

22

*21%

177

180

176%

178

175%

70

*70%

72

72

72

72%

600

69

133/4

14

133/a

13%

133%

13%

64,800

133/4

14

80%

81

82

82

82i%

3,000

1,200

*21%

22

180%
70
14

79%

78%

79%

79

175%

176%

176%

*71

6,800

293%

293%

29%

293%

283/4

29%

293/8

*101'%

103'%
223%

♦101%

1031%

*101%

103%

*1011%

103i%

103%

22'%

22%

22%

223*

22%

22%

62

62

62

62

62%

62%

11

10%

11

46%

453/4

453/4

31%

313%

8,300

98

1,100

29

S>Q

23

22%

62

62

621%

11

105%

11

103%

10%

10%

40'%

*45%

■

45 7%

45i%

45%

46

323/8

313%

32'%

31

32

31

31%

98%

973/4

98

97%

98

97%

973A

*97

1,300
240

7,000

15%

16%

153/4

16%

153/4

16%

15%

16i%

16 3%

*153/4

163%

*15'%

*15%

16%

*173/4

18

17%

500

15,200

16'%

173/4

16%
17%

*155%

163%

•

17%

400

*5%

5%

4,500

47%

47 %

15,600

46'A

47%

473%

49%
44%

44%

44%

44%

45%

1,300

44'%

*44%

44%

44%

44%

33

325%

33%
60 %

32%

33

32%

*323/4

32%

32%

*32%

61

61%

603/4

61

1,900
2,300

21%

*21

21%

21%

21%

263/4

♦263/4

27

913/8

913/8

♦911

93

45

453/8

45%

45%

47,300

126%

100

107

__

60%

13%
10%
36
64

2%
28%
54%
11%

,

100
5
100
25

100
25

100

Water Works Co com—5
6% series
25

common—No par

100

preference
No par
Lead & Smelt com—1

Cable

9%
31%
14%
10%
36%
64,%

preferred

36
64 %

28%
54%
13

25
50
No par

*106% 107
15% 15%
95% 95%
25'A 25 %
*88
90
24
24%
27% 27%
*105
106%
16% 16%
20
20%
8%
11%
44%
18%
34%
49%
18%

6.25
No par

*95%

8%
11%
44 %
xl8%
36
48%
18%
*175%

8%
12

45%
19
36
50%
18%

120% 120%
30% 30%
50% 50%
55% 56

128% 129
14% 14%
167% 167%
56
56%

"

123%
36%

96%

8%
11%
45'A
18%
37
523%
18%

176'A

*55%
128%
14%
166%
55%
121%

56%
129%
14%
167'A

56%
123

35% 36%
116% 117
9s/8 9%
*26% 26%
20
20
79% 80
68% 69
17% 17%
*86% 87
37% 38%"

116% 116%
*95/8
9%
26
26%
19% 20%
x78% 79%
69
69%
17% 17%
*86
87%
39
54

53%

1

x36% 37
102
102

11
36%
64%

7
7%
26"% 27%
50% 50%
35% 36%
161
161%
*37% 37%
120% 120%
30
30%
50 % 50%

51
52
36.% 36%
*161.
161%
37
37

38%
53%

9%
30%
14

25
25%
*88
90
23% 24%
27% 27%
105
105
16
16%
20
21 %

*175% 176%
7%
7%
27% 27%

122
36

39%

3
3
*28% 30
54'% 54%
11% 12%
*98
99
21% 21%
24% 24%
106% 106%
15
15%

3.

Hocking Glass Corp—

Common

39%
9%
30%
13%
10%

40

*99
101
*21% 21%
.
24% 24%

1

prior

*122

120%

39%
9%
*30%

5
—10

preferred

*21

26%

2d y8

93

45%

I

600

1,100
90

54

36% 37%
*102
103

126%

126%

105 %

*122

1

Tobacco common

Anaconda Wire &

$4

34%

*31

34%

..

53/a

preferred

Anchor

24,500

2%

2%
*31

473/4

preferred

Zinc

64%

63%

23/4
34%

No par
No par
10

conv preferred-.
Anaconda Copper Mining
$5

89

64

*2%
*31

5%

$4 conv prior

95% Feb

633/a

25%

34%

47'A

Co

American Viscose

7%

Feb

643%

2%

5%

Refining com—100

American Woolen

22 % Jun

17

13% Sep

6 3 s%

2%

48%

Preferred

May

64'A

2%

5%

7%

American

10% Mar
27

62%

2%

53%

Corp com

30% Apr

64%

700

12,800

88

89 3/4

88

173/4

preferred
American Sumatra Tobacco
American Tel & Tel Co_

5

56%

86%

5%

Snuff Co common
25
noncumulative preferred—100
American Steel Foundries—__No par

Jun

60% Jan

561%

883/4

2,700

173/4

6%

8

22

56

87%

56%
90

553A

*31

200

108%

90%

16

American

121% Jan

Jun

"108

56

*153%

Building Co—No par
Amer Smelt & Refg com
No par
7% preferred
100

May 12
Feb 19

121

108%

89

98%

100

Stores

143% Oct 27

119

55

32

American Ship

6%

16,300

119

5%

preferred

American

100

58%

57%
"115

5 5'A

*45'%

preferred
& Fdry

Sugar

Jun

95%

*95

58%

I
57%
*115

1,900

6,300

56%

*123

American

65% Jan

•

108

108

108

126%.

American

138% Feb

108

45

8

170

118

*107%

*913/8

4

L

117'A

*115'%

*116

1073/4

45%

May 18

4

583%

573/4

200

17

32%
45%

32%
45%

953/4

*95

.953/4

*95

913%

Jun

July

57%

44%

57% Jun

Jan

95

57%

913%

53

55

4 6 3%

95

44%

32

156

46

92%

4

3

461%

3%

44%

5

77% Aug

*16%

32%

46%

92%

Jan

16% July 30
5
161% Jan

16%

163/4

100

preferred

44 % Jan

16% Jun

16,500

45%

Crystal Sugar com——10

_

24

10% Feb 25

92%

103A

Cyanamid Co com

4

134

91%

32%

263A

4

50

1,400

92%

16%

26%

27% Jan

Mar 20

9%

90%

463%

21%

144% Jan

38% May 21

93/4

32%

62

5

124% Mar 18

'

9%

321%

263/4

57

Mar 31

94%

60%

13

36

913A

21%

42% Jan

118% Jun 22
4
26% Jan

96%

93

26aA

24

2

96

9%

173/4

Safety Razor

3

96

*93

10

53%

Seating Co

May 28

*93

96

21%

American

37% Jun

100

10

9%

61

American

164

20

9,200

102

*93

96

21'%

7

May 24

85

33%

103

62

Motors Corp
—5
American Natural Gas Co—No par
American News Co
—.—No par
American Optical Co
— No par
Amer Potash & Chem cl B
No par
Amer Rad & Std Sany common—5
7%

85

"100

*99

100

400

32%

103

100

10,600

149

32%

321%

32%

20

33A

33A
*146

84%

84%

85

32%
*99i%

78i%

*77%

3%

148

,

23

American

May 10

7% Jun

*84

26%

6

Feb

47% Nov

120% Sep

177

Jan

85

33%

148

149

_25

29% May 20

40% Aug 10
127

169

78%

33A

173/4

American Molasses Co—

8% Jun

16%

*77%

293%

Amer Maeh

9

*16%

3%

*163%

79%

.
100
common——7
3.90%
preferred
100
Amer Machine & Metals..
.No par
Amer Metal Co Ltd com
No par
4%% preferred
100
American Metal Products com—-2
5%% convertible preferred:
20

287/s Jun 21

Jun

98

16%

79%

33/4

10

1,700

'101%

10
3%% conv preferred series B_100
3%% conv preferred series C_10o
American Distiiiing Co
20
American Encaustic Tiling
1
American European Secur___No par
American Export Lines Inc
40c
American & Foreign Power__No par
American Gas & Electric Co
5
American Hawaiian SS Co
10
American Hide & Leather com—_1
6% convertible preferred-50
American Home Products
1
American Ice Co common
_No par
6% noncumulative preferred__100
American International Corp_No par
American Investment Co of 111——1
5%%
prior preferred
i
100
American Locomotive common
1

July

16%

60%

prior

165/a

1
12.50

_

Colortype Co__

American

48% Apr

7

31% Jan

31% Jan

48

Apr

92% Jun

28

133 % Apr

14

Oct

8

American

American

4
43% Mar 25
125% Apr 21
Jan

91

5

8% Jan

15

26

29

23%

3,000

2%
i 163A

47'A

common

_

Chain & Cable
American Chicle Co

23% Feb 10

167

2%

20

Can Co

preferred

*165

23/4

16%

133/4

1
1

Radio Corp

American

30

Jun

62

105% Jun 30

41% Jun
117% Jun

1%

165

,

2%

32i%

70

100

preferred

American

29

33 % Jun

5

Jan

22

5%

23%

25%

600

110

*77%

Broadcasting-Paramount
common

165

110

16%

*21%

No par

Inc

167

115

1783A

5%%--50'

Co com

American Cable &

5

46% Mar 10

44 % Jan

16% Jan

2

5% Mar

11
23
4
27% Jan
4
48 % Jan
4
20% Jun 11

9

44% Apr 24

4

35% Feb

27

45% Nov

40

18 Vb Apr

12

4% Jan

1

6% May

40% Apr 23

9

Jan

16% Jan

15

15% Mar 20

Feb

15

17

*165

111

323%

♦31

50

Ctfs of interest in common

Apr

17

12,400

*2%

preferred 1952 ser

Theatres

17% Mar 31

4

14% Jan

15"% Mar 19

100

261/4

6"35%

common—2

convertible preferred

4%
Amer

12% Sep 15

Corp

53%

25%

88

1
50
1

—

Bosch

Amer Brake Shoe

5

104% Mar

preferred

6%

American

Mar 15

41

103% Feb

34% Sep 21
91

29

Feb

47

2

Nov

9

12% Jan

6% Aug 31
35

Feb

98

8%

*533/4

26%

167

9%

7,900

8%

8 3/8

53%

26

110

325%

500

1,500
13,200

26%

♦110

57%

541/4

Chemical-No par
American Airlines common—
1
3%% conv preferred
100
American Bakeries Co com—No par
4%% cum conv pfd
100
American Bank Note common
10

29% May 19

21

26'%

953/4

115

Agricultural

Amer

203/4

20%

20%

111

*93

46

'107

Amalgamated Sugar Co (The)
Amerada Petroleum Corp
No par

24% Mar 29

763A

17

57%

conv

Amalgamated Leather Co com
6 % convertible preferred

16

3% Feb

55% Nov

26% Sep

25

90% Jun

11

Jan

Mfg common

29%

76

32%

46'A

preferred
100
preferred
100
Alpha Portland Cement
No par
Aluminum Co of America
1
Aluminium Limited
_No par

*28 3A

3%

94%

*95

convertible

4.08%

3,100

293/4
751/2

79%

10

32

100
20

341/4

8%

*84

96

♦163%

5

preferred

3%%

1

56% July

May 28
4
43% Jan
4
58% Jan

No par

33%

*533/4

*146

100'%

92

4,900

34i/8

16%

333%

9%

2,200

21%

8'A

149

85%

♦93

19,100

89

21

543%

*146

149

*99

1

41%

89

33/4

323A

100

41%

*

16 3%

*84%

No par

41%

♦771%

3%

—

Allis-Chalmers

2

93 % Jan

103

Sep~14

4%

78

'146

1

6% gtd

165%

3 3/4

No par
Stores Corp common__No par

Jan

4

16 5%
78

5

100
1
100

2%

12,000

81/4"

*110

23%

23A

10

Allied Kid Co

Mar

33

40

167

Chemical & Dye

40% Jan

2

109%

T65

Industries Inc

6

16

59% Jan

'1093/8

100

preferred

$4,375 cum

Allegheny & West Ry

72% Jan

2

100

109 %

8 %'

8 3/8

8%

2 6 3%

preferred conv—No par

8% Jan

Mar 25

26%

26

Alleghany Ludlum Steel Corp

Mar 31

97

No par

26%

*165

3,900

8%

75

21'%

20%

105/a

*28%

74%

200

10%

10%

*533A

8%
54

Mining

Gold

r

9,400

111%

*110

111

10%

8%

8%

21'%

8

8%

54

common new

prior

.34%

54

Alleghany Corp common
5%% preferred A

15

|

8

preferred

4%%

Mar 16

157

Juneau

Aldens Inc

17% May 14

72

Alaska

105%

50

common

*110

110%

10%

54

1951 series

pfd

110%

103A

1

w

Inc

8%!

•'i 8%

1
Equipment com

Alabama & Vicksburg Ry

5'
3% Mar 25
RMtty

89% Feb

118% Jan

20%

110

35% Apr

8

203/4

3

6

14

203/s

24

27

Oct

74%

/ *28%
74%

Reduction

35% Sep 21

86

74

74

Feb

Air

Jan

41% Oct

293%

74

7

Apr

94

28

27% Jun

24% Oct 28

Sep 22

28

Gas

Allied Mills

87

28

30

No par

Express

2

80

22

34

preferred w

$3

145

76% Jan

15

82

35

25

10% Mar

6

35

333A

Co

343/4

35

54% Jun

6

98

21%

1

Mar

Feb

104

21

Affiliated

May

39

1
18

21%

Admiral Corp

5

Jan

15

21'%

2

Aug 24

Sep

21%

3

5% Mar 25

87 % Sep

91

21

9% Apr

14

Jan

21%

21% Mar

16% Jun

78

21

5

Feb 27

130

89'A

5

Jan

104

Mar 11

3% Apr

89

HO1/4

10'%

105%

10%

Addressograph-Multigraph Corp__10

8

15

74

40%

891/4

155% Feb

8

Oct

AuglO
Sep 14

41%

88%

22 % Mar

22% Oct

70

41

89%

2

49

101

160

41%

88

76% July

10

Nov

52

40%

90

Corp

Adams-Millis

36% Feb

24% Jan

48

8%

413%

90

preferred

Co

Acme Steel

13

20% Jan

23% Dec 29

8%

41%

Inc com

non-cum

110%

111

Shares

443/3

423/4

42%

25
100
10
1

Corp

ACF Industries

41% Jun

4

42%

43

'110%

AFC-Brlll Motors Co

24
17
Feb 19

15

14

July 2

,__100
1
2.50

preferred

the Week

Friday

July 1

42%

42%

41%

43%

'

42%

Vending

ABC

8% Jun

'.

3% Sep

30% Sep

Jan

4%

June 28

-

Sales for

Thursday

June 29

5

Laboratories

Abbott

41% Jun

5

47% Jan

22

39% Sep

Par

EXCHANGE

Highest

Lowest

Highest

Lowest

Tuesday

Wednesday
June 30

Monday

YORK STOCK

NEW

Range Since Jan. 1

HIGH SALE PRICES

LOW AND

,

Range for

1

WEEKLY VOLUME OF TRADING

PRICES

DAILY RANGE OF

1.

105 %

105%

106%

1063%

39%

39%

39%

40%

393%

393A

2,300

*9%

9%

9%

9%

9%

9%

1,100

303/4

♦30i%

126%

*123

8,900

200

32

31%

303/4

14

14

14

14

14

14%

3,700

10%

11

11%

11%

11%

94,500

36%

11%
37%

64%

65

14,200
1,000

*30%

2%

2%

37

36%

37%

65

€5

65

3

3

3%

*3

1,700
500

29

54%

29

29

29

29

54%

28%

54

54

54

55%

13

11%

100

*98

36%
*64%

11%

11%

21%

21%

21%

24%

24%

243/8

24%

107%

*106%

106%

106ya

15%

15%

14%

96%

96%

*96 %

25

25%
90

*88

24%

213/4

300

243%

.243%

2,000

♦106%

107'%

25

500

243A

6,700

89

*88

26

253/8

25%

25%

25

27%

273/B

27%

27%

26 7%

106%

♦104%

16%

163/a

16'A

21%

21%

*20%

8%

8%

*83/3

160

10,900

963A

24%
*104%

15

♦96%
24%

96 3A

90

*88

100

*21%

143/4

15

35,300

12

11%
*98

100

*98

*21%

4,400

*1041%

106

27%

10,200
2,400
20

106

163/8

16%

16%

21.%

*20%

21%

3,200
1,200

83%

600

11%

11%

11%

11%

11%

llS/8

15,300

45

451/4

44%

453/4

44%

45%

4,600

18%

18%

183/3

183/3

18 s%

18%

3,400

36%

37

353/4

365/8

36%

37%

17,100

503A

503%

52

10,600

64,000

50%

52%

493/3

8 3A

*83%

18 %

18-%

is y4

18 5/8

183%

185%

*175%

176%

*175%

176%

♦175%

176%

7

7%

7

7

2,700

7

7%

27

27%

273/a

27%

27%

28

52

50

50%

51

51%

350

51%

36%

35%

36

353%

36%

16,600

35%

162%
37

1621%

162%

162%

37%

37%

373A

120

I2OV2

30

30%

50%

50%

120 %

120%

30%

6,300

50%

50%

50%

1,400

553A

56%

56%

129%

1293/4

14%

14%
167%
56

122

143/a

14 %

143/a

166%

1671/8

55

121%

120

9%

95%

93/4

2,800

*26%

205/8

*26%

26%

200

19%

20%

20%

20%

5,400

*26%

26%

19%

193/4

17%
*86%
37%
x52

36%
*102

3,770\
26,400

36%

1163%

9%

683A

56%
123

700

51,200
60,600

1163%

9%

80%

55V8
121%

710
•

36%

*116%

68%

55%
123

500

57

130%

166%

117%
9%

*79

129%

143/a

36%

*117

*56

166%

37%

36%

120

29%

50%

129%

55%

220

1,600

373/4
120%

30%

55%

121 %

37%
♦120

163

30

128%

166%

♦162

2,600

79

*68%

37%
117

420

79

79%

80

69%

69%

69%

800

175/a

4,800

17%

17%

17%

173%

87

87

87

873%

88

383/a

38

38%

37%

383A

28,600

52%

52

52

52

53%

510

36%

36

36

35%

36%

2,300

*102

103

103

♦102

103

60

10

16

(64)

The Commercial and Financial
Chronicle

NEW YORK STOCK RECORD
Range for Previous
Range Since Jan. 1
Lowest

Highest

Nov

25

45

40% Sep

15

57% May

Dec

29

15% Feb
Jan

7

32

8

2% Nov 24
30

Jan

5

NEW

Highest

5

33% Jan

6

43 % Jan

26

8% Feb
2% Feb

11

12
4
23

12% May 27

Andes

3% Jun

29

9

32% Jan

4

17% Jan

4

25% Jun

38% Mar

A

Copper

W

P

14

14

43% Jan

5

33 % Jan

4

46% Jun

Armco

8% Sep

15

12% Mar 26

8% Apr

30

10% Feb

Armour

77

Sep

48% Feb

Mar 25

93

15
9

85% Apr
57

59% Dec' 29

26
11

Jan

25

95% Feb

74% July

Jan

7

G

100

114

Jan

14

145

Jun

19% Jan

Jan

93% Jan

39

39

39

38%

38 3/4

38%

46%

45%

383%

44%

25,000

4474

45%

44%

44%

7,000

10%

10%

10%

33/4

*3%

3%

37%

371/2

24%

25

45%

46%

37,600

9%

9%

19,600

10%
:

10%

10%

10%

10%

10%

*3%

—5

3%

3%

3%

*33A

3%

37%

38%

21%

3774

37

37

243/a

37%

1

25%

253A

23%

253/8

45%

45%

44%

46

5

9%

9%

9%

91%

91%

90%

preferred

2

16

13

17% Feb

15

Arnold

5

May 19

6% Jan

26

14

32% Jan

21

May 13

Jan

26

Corp..:
~__5
Carpet Co Inc___—No par
Arvin Industries Inc.—
2.50

11% Sep

15

18% Mar 25

9

14% Apr

14

Ashland

22

14

29

4

26% Jan

18

Dec

11% Jun

Mar 27

*23

Jan

27

Constable

Oil

&

Associated Dry

18% Sep

22'% Mar 11

3
2

22

935/4 Jan

22

96

25% Sep

4

183/a Jan

Jan

99% Apr

15

89 % Sep

92% July

100

32

25

28
6

4

40% July

5.25%
6%

2

Atchison

Sep

14

Jan

5

92 % Jan

8

112% Jun

24

50% Jun

23

57% Jan

13

54% Jan

4

59% Feb

5

25% Feb

18

30'% Nov

30

29% Jan

13

86

88% July

103

973/4 Mar 25

8

83% Dec

1193/4 Jan

29

92

85

2

5

Jan

4

Jan

34

91%

91%

91%

91%

91

92

73

73%

73%

73'/a

74%

743/4

97

7474

97

97'A

97%

963/4

97

145

145

■JOl'/a Mar 29

4%

30

Jun

25% Sep

Feb

26

335/4 Jan

2

27% Jan

4

22

955/i Jan

4

100% Mar 30

2

29

4

16

tEx

36% May 17

Jan

34% May 17

99

1

28% Jun

60

30'% Feb

14

89% July

9

Jan

.fit,

31% Apr

16% Dec

27

15

4% Dec

28

15

13% Jan

120

10% May 28

17

9

12

Feb

5

16% Mar 13

15

Jan

175/4 Mar

9

4% Dec

16

29

11

4%

Mar 24

20

16

Mar 26

12%"

22%

22%

1,000

12%

27,800

24%

1,300

12

243%

24%, .24%

23%

23%

233/4

23%

102

101%

101

102

102

102

102%

38%

38%

38%

111%

110%

101

38%

24%

23%

24%

101

100%
100%

102

39'/a

393/8

24%

101

102%

♦102

39%

39%

24%

5,30o

101

101

101'/2

;

102

39%

/

90

150

40%

3,700

110

112

111%

8,60o

110

111

110%

111%

58%

58

58

58%

58%

58%

34

34

33%

333A

58 %

1,200

.100

33 %

*99

33%

33%

33%

1,400

—

Line
w

—i

RR___—No par
I ttS Lines.—

series

*20

21

Automatic Canteen

5% Jan

25

Avco Mfg

37% Jan

44% Jun

7

conv

114%

115%

2,900

*20%

*21

22%

22%

33

x98%

33 %

33%

33%

33"%

34

44

44

44%

4474

44%

44%

119

118%

118%

*11%

12%

32%

32%

"

12%

*6

6%

*16

Amer—_5

common

preferred

*20

99

*11%

of

60

114%'

99%

*118%

Co

100%

99%
33 %

series A—100

(The)

*98%

32

($1.20)—No par

17% Jan

4

100%.

114 %

99%

__i„No par

4

100%

117

33

common—_No par

pref

100%

116

32%

..20

Corp

*99

116%

99%

(voting)

Corp

22%

100%

114%

lo

_______:—_5

16%

16%

3

16%

16%

44

117

44

33%

34

5,600

44%

1,700

44%

*16

*6

6%

*16

16%

16%

5

*16%

16%

4%
43%

43%

4%

5

*43%

44%

24,900
310

490

12%

16%

17

44%

119

*11%

6

4%
*43%

*117

12%

6

33%

,'44%

117

16"%

5%

44

44%

99%

33%

117

16%

*16

17

4%

22%

32

98%

*11%

6%

*20

32%

99%

33%

12%

6

22%

31%
*99

117%

*11%

6

*16

5

*43%

No par

6

16%

4%

111

100%

__100

B

—

100'A

'116

115%

distribution

$3.75

prior

$2.25

22%

12
:.

58

4% Jan

26

52'A Feb 26

22%

12%

22%

500

53%

Nichols

Conv

5%

33%

Refining common..^

Tack

5%

33

convertible pfd

Atlas
Austin

5'/2

58 %

oui

Common

10

Jun

6% Mar 18

May 26

6

83/4 Feb

18

36% Dec

8

7

Jan

7% Mar

17

Dec

4

103 % Jan

108'% Mar 18

94% July 16

45% Jun

345/4 Jan

36 % Mar 27

24

5%

24%

200

40

17'A

'

233A
*101

i-'owder—

iv

1

12

24%

230

i

149

*16%

10

liauidating

Preferred

22%

12%
24%

12

24%,

*144

17%

5%

23

12%

24%

149

*16%

.50

Coast

Atlantic

*22%

12

*144

16%

5%

5%

24%.

50

Atlas Corp

.23%

5%

145'

16%

16%

___A—;

preferred

iliac

215/4 Jun

16

583% Dec

19

Nov

49

22%

16%

2,100

2,300
:•

& Santa Fe—

.

City

Atlantic

5%

91%

Electric Co.

Preferred
Atlantic

145

17%

10

Common

May 13

T.17

Topeka

2,900

8,100

97

53/4

100

Associates Investment Co—1

\

93A

72%

*16%

100

preferred

46

9%

97

1

1st preferred—

2nd

247 a

45%

974

72%

Corp—

Common

24

Apr

102% Apr

13

31% Jan

Mar 25

24% Jun
103

6

Jan

24%

46%

9%

■

97

____1
series_.No par

Goods

25

45%

9%

600
400
*

143

Refining Co

2nd preferred $1.50

3%

.97

*72%

Artloom

25% Sep

*10

143

No par

10% Mar 26
6

38

10
com—

30

5% Dec

Shares

38

preferred____No par

convertible

the Week

44%

_——

$4

July 2

46%

Armstrong Cork Co com——No par
$3.75 preferred
No par

Mar

23

97

24
21
16% May 28

Friday

July 1

38%

Inc..

Illinois

of

Sales for

Thursday

45%

Corp—

Co

$6 conv prior

117% Dec

89% Sep

102% Sep

&

PRICES

June 30

38%

_.

Steel

SALE

Wednesday

June 29

10

Archer-Daniels-Midland _____No par
Argo Oil Corp
5

3

30% Sep

Sep

Co

HIGH

Tuesday

21.80

Mining._____—„14

Products

AND

Monday
June 2S

Par

Anderson Clayton <fe Co
Anderson-Prichard Oil Corp

23% Mar 27

16

STOCK

39% Apr 15
52% Mar 29

52

Jan

LOW

EXCHANGE

14

Sep

YORK

Monday, July 5, 1954

-.

Continued—Page 2

STOCKS

Year 1953

Lowest

i

.

1,300

16%

.

5

1,900

24,300
200

B
22

4% Dec

Sep

183/a Dec

16

4% Jan

4

5% Fab

21

4 2 3/a Jan

7

58% Jun

Babcock & Wilcox

11% Mar 26

8-/'a Jail

11

10% Jun

Baldwin-Lima-Hamilton

305% Mar 19

18% Jan

11

24% Jun

Baltimore

48% Mar 25

39 % Jan

7

14

29

8

Jan

455/4 Dec

14

355/4 Jan

Dec

29

16

Dec

29

22% Mar 17

IS3/, Jan

67

Jun

9

76% Mar 17

68

39

Sep

11% Dec

29

37% Sep

595/4 Apr

14

15

38

7

175/4 Mar 12

11% July

1

39% Feb

34% May
20% Jan

5

39

4

9% Jan

4

40% Jan

4

18

255% Mar 19

14

11% Feb

27

42'5/4 Dec

4

Jan

4

99% Jan

6

1U7

13'A May

3

Dec

863/4 May

5

29

33'% Jan

May 19
Feb

8

6

9% Jan

4

"

Mar 12

16% July

2

Bell

Aircraft

Bell

&

Jan

12

18

90% Jan
63

Jan

11

383% Jan

4

7

Jun

17

Dec

30

% Dec

30

13/4 Jan

7

22% Nov

25

273/8 Jan

5

Oct

5

37% Jan

20

44% Sep

15

573/4 Jan

135% Jun

19

1463/4 Dec

16

Jan

15

82% Jan

13

112

16

31
8

30

6

38'% Aug 26

112

4

Jan

35

97

Jan

27

30% Jan

4

50

Jan

1443/4 Jan

22

Apr

82

Jun

4

127

May

7

2

39

Jun

4

71

May 26

5

160

May 13

6

93/4 May

28

12% Feb

12

Apr

30

72

Jan

9

47

July

15% Sep

14

22% Mar 17

17% Jan

12

213/4 Jan

5

14% Jan

11

22 %

19 Vb

Sep

15

27

Dec

15

22% Feb

22% Sep

15

28% Dec

17

27

22% Jun

15 "

/

'

'

........

—

23 % Mar

3

29 'A Mar 18

2

6% Dec

14

12 % Mar 12

12'% Sep

15

143/4 Aug 13

Jan

13

12

52% Jan

14

613/4 Dec

643/4 Sep

15

86

86% Jun

15

94% Jan

48% Nov

18

50

Mar

Mar 25

11

5% Dec

31

13% Mar 19

26% Dec

31

46 % Mar

25

33

Sep 21

5% Dec

9

Mar

2

11% Jan

31

7

25% Jan

1

Blockson

Jun

2

jbuemg

'/»'■)

J till

4

24% Apr

8

Bohn

31% May 20
12% May 20

14% Feb

11

Bond

12% Jan

11

57% Mar 17

65

74% Jan

88
May 27
97% May 28
54% July
1

I

4

1

i

7

49'A Jan

5% May
3
20% May 11
25% Jan 11
6% Jan

6'

21

38

17% Sep

21

39% Aug 17
26% Jan 20
99% Feb

97

25

Jan

11

19% Jan
Jan

4
27

29

26

Jan

6

54% Dec 21

52

Jan

5

8% May 13
29% Jan
5
29% July
2
8% May 21
31% May 24
39% July
56 % Jun

24% Apr
100

Brown

&

Brown

Shoe

13% Jan

15

16% Apr

20% Sep

14

28% May 20

22

Jan

12

28

10% Sep

15

16% Mar 25

11% Jan

4

83% Feb

3

6

74

12

35% Jun

3l"%

22

Nov

lG

43% Mar

2

Bucyrus-Erie
Budd

Jan

6

24

30

11

49% May 24

10% Dec

29

17

Jan

2

10% Jan

11

74

Jun

10

91% Jan

7

80% Feb

3

67

Jun

13% Sep
11

35

Oct

10

78

Jan

9

11% Sep

30

79

5% Sep

73% Jun

8

3

15% Jan

4

9

40

Mar

July 15

86

15

8

36% Feb

5

11% Jan

4

Mar 16

79% Jan

14

12% Feb

26

7% Jan

4

27% Mar 20

29

15% Jun

29

102 % Oct

30

109% Mar 10

16% Sep

15

24% Mar 12

20% Oct

11% Feb

16

15"% Feb

Aug 28

16% Dec

30

15

6

Jan

17% Feb

14

98

July
16% Jan

77% May 27
Mar 12

44% Jun
14

Jun

86% Apr
73% Jun
21

10% Apr
20% Apr

2

105

5

22

Jan

% July

12
15
8

1

4%%

20

16J/a

17,600

33

33%

33%

33%

10%

10%

1,100

203/4

20

355/8

20%

36'%

20%

20%

15,500

*20%

21

20%

21

95

*93

95

95

'

813A
43%

-F

129

*93

95

79%
43%
"124

*93

81%

43%
129

81%
43%
*124

81%

81

43%

43%

130

*93

813/4

43%

*125

130

.

1,500

81%

43%
*125

435/8

12

%

12

%

U

28%

28%

28%

28%

28%

283/4

28%

28%

29 J/4

36%

37

365/8

37

68%

69%

69%

69%

38%

39

69%

x36%

37%

70

113/4

68%

70%

159

159%

159%

36%

37%

69%

70%

*159

160%

*159

160%

5,900

2,600

130

%

159

2,600

95

81

13

3/4

160

Yi

160

15,100

4,00o
6,300

46,100
400

11%

11%

11%

11%

11%.

69

69%

*11%

69%

69

69

11%

*68%

70

46

*68%

70

45%

45%

46

46

*45%

46

20 3/4

46

213/a

20%

47

21%

21%

21%

1,400

21%

21%

21%

21 Vo

21%

21%

21%

21'%

22%

9,700

24

24

21%

24%

35%

35%

24%
35%

17,800

35 %

1

12

69
46

*24

11

21%

24%

35%

35%

44%

43%

45

43%

21%

21

21%

29%

29%

29

29

*11%

11%

11%

11%

I 13%
8%

8%

63%

64%

63%

64

82%

83%

82%

83%

11'%
13%

13%

8%

203/4
*28%

64

643/4

o

82'A
*94%

53%

53%

100

7%

7%

23'A

83%
95

*94%

53%

95

53%

*94%

53%

94%

3,500
30

22%

22'%

2334

241%

35%

35

36'%

4,800

44

,

22

24

24

35 Ya

13%

...

16

*32%

36%

8%

Gas

.5
par

283/4

43%

62,200

20%

44%
20%

285/a

29

20%
29

500

2,800
480

11%

*10%

11%

100

13%

13%

13%

4,700

8%

8%

8%

8%

2,100

63%

64

64%

65

3,300

81%

82%

82%

82%.

4,800

*94 %

94%

*93%

54 %

53%

,

'

54

54

94%
54

7

7

3,300

7%

22%

734

22%

22

22

22%

28%

28%

28%

22 %

283/4

29

29 %

29%

900

8%

8%

5,60o

29 %

293/g

5,200

3934

10,600

8

8%

8

28%

29

38%

39 Vb

39

39%

39%

28%

par

523/8

52%

51%

52%

*51%

21%

22

21%

21%

21%

40

preferred

98

31%

*95

31%

8%

8

28%

28

39%

39 V

39%

39%

51%

513/s

*51%

21%

21%

21%

97

*95

97

31%

x30%

31%

62%

62%

63

63%

x61%

13%

13%

13%

13%

68%

68%

68 %

68%

14%

14%

14%

14%

14%

14%

*

5

2 7'/a

21%

27%

27%

27%

27%

12 3/a

76'A

IOVa

76%

76%

27%

27%

*27%

27%

27%

10

41 %

42%

40%

42%

4i-i

I

Inc

12%

12%

12%

12%
*76

12%
77

27%

30%

30%

30%

6,90o

61

60 %

60'%

4,800

13%

13%

13%

3,600

68

%

68%

68 3/8

68%

14%

15

14%

15%

1,900

27

273/8

27%

27%

5,90o

1314

18,100

12%
*76

12%
77

12%
765/8

77%

42%

44'A

43%

44

43%

44%

13%

13%

13%

13%

127/S

13 %

27%
423/8

41%

43%

16,600

43

43%

43%

43%

3,000

133%

27,000

*27

2734

13%

*833/4

85

*84

13%

85

13%

*84%

86

100

84%

*72%

75

84%

*84%

86

*72%

75

*72%

75

*72%

75

5
Co

19 S/8

20

19%

20

19%
14 %

1

*14

14%

*14

14%

*42

43%

*42

43%

14%
*42

14%
43%

*42

20

19%

20

14%

*14

14%

43%

*42

19'A

19%

18 %

19%

18%

19%

100

19%

91

19%

91%

91%

193/a

92%

91%

19%

91%

91%

92

92

9'/a

8%

92

8%

8%

8%

8%

5
.No par

preferred

100

Co

10

83A
18

18

101

101

21%

21%

15%
101

21%

17%
101

16%
100

17%
102

,17%
100

50

17,000

43'%

_15

preferred

300

75

19%

*72%

197/a

50

common

400

27%

100

!

500

41%

5

1

common

600

4,100

97

13%

No par

1

*95

215%

1,400

30%

*

5

97

52

4,500

60%

13%

68%

*'95

62%

133/8

68%

No par

29

21%

1

common

8%

3/4

52

15

Inc

7%

23

28%

8%
29%

313/a

7%

22%

28%

29

*95

7

23 3/8
1

8 Vb

No par

com

7

2.50
__100

Biug—
prior preferred—

Jackson

16
33

10%

13%

;

participating

Byron

15 3/8
*32 %

8%

Butte Copper & Zinc
Byers Co (AM) common
7%

15%
33

353/4

25

preferred

Bros

82

8%

83/4

17%

173/8

100

98

9

17%
100

21%

21%

21%

21%

22%

22

22%

27%

27%

28%

273%

28 34

2874

28%

600

32,700
780

3,200
6,000

21o
5,200

c

7

27% Jan

2

22

Jan

d

1 % Dec

28

3% Mar

2

1% Jan

4

15

9% Mar

2

7% Jan

8

10

24

27% Jan

29

4

10

20% Jan

23

Sep

15

13% Mar

86% Oct

7

102

Jan

3

12% Jan

8

30

90 % Jan

6

28% July 2
2% Jun 14
Jun

25

May 10

14% May 12
99% May 13

46% Jan

22

54% Nov 27

52% Jan

11

17% Apr

Jun

16

24

22

Dec

24

21

22 % Jan

5

29

26% Jun

24

34

Jan

5

21% Jan

4

28% Jun

7

54

Jan

43% Dec

Butler

82

13%

preferred

onv

82

4,200

33%

'icimmai

46% May 3
20% Jun 25
92 % Jun 29

82

8'A

Burroughs Corp
Terminal

175/s

13%

15

Burlington Mills Corp

Bush

175/a

*10%

.100

10

3% %

15%
*32%

17%

Inc___l.'>5

common

Co

4%

15%
33

200
130

17%

83

*82

17%'

10%

11%

Bulova

6

16%

123%
107

.

33%

293/a

28

8

17%

47

123%
*106

37%

11'A

Co

May 19

106

33%

29%

preferred

Watch

4,800

46%

123%

106

10%
36%

No par

Forge
Bullard 'Co

15% May 20

6% Sep
20 % Sep

Dec

$5

Buffalo

47 J/4

46%
123

107

10%

42%

Co

(The) Co

46%

121%

105%

47%

21%

Brunswick-Balke-Collender

4

46%
120

33%

43%

common...:

conv

5

46

10%

.100

Co

4,100

34%

21%

Bigelow___

Jun

25% Jan

37% Mar 24

cuin

13% Apr

25% Feb

Jan™2

5%

3,700

10%

11

21%

preferred

9

20

26%

103%

RR—

Bristol-Myers Co

17

24

35%

26%

34%

42%

Bridgeport Brass Co—
Briggs Manufacturing Corp__No
Briggs Si Stratton—
___No

69% Jun

35%

10%

106%

83%

5

Bearing Co
5
Airways Inc.——____2.50

4

*82

5

.____.

Brooklyn Union

17%

2^50

Club

36%

26%

10%

123

106%

370

26%

283/4

par

Roller

3%%

45%
'120

17%
83 %

*35

'

__7.50

"""'nrrAH

13

12% Jan.
60

22% Mar 17

17%

*"■

Bower

106

36%

%

.100

Co

Common

Braniff

45%
123

36%

*35

___1

Maine

30

13% July 20

72% Dec

3

14

Edison
&

1,100

10%

'124

com 5

preferred

Boston

11%

26%

43 %

—100

Inc

Borden Co (The)
Borg-warner curp

3%%

11%

10%

*93

10

—

32% Apr
63% Jun
13% Jun

66% Jan

Jan

2

Mar 11

59% July 14
13 % Nov
4

5

2

IP/4

;

B

Stores

11%

12

5,000

20%

No par

Ami Co class A

Class

Boston

33% Sep

11% Sep

July

Bon

11%

26%

803/4

Brass Corp

Bnnk-of-the-W"nth

25

4

27% Jan

&

4

11%

4,600

1

Co

Co

4

49

No par

Chemical

26

48%

new.:.

Laughlin Inc

Jan

49

32%

1

3/4 Jan
Jun

com

(Delaware)

Aluminum

49

33

Co

Airpiane

49%

10%

.10

Mfg Co__—.No

6

11

9

&

48%

26%

—5

common

(Del)

13 % Jan

36 % Jan

15

Bliss

50

*75

10%

.

11

48%

25%
75%

1,800

75

/'

32'A

100

23

23 % Jan

22% Jun

Co

75

34

1

(E W)

76

14%

common..——10

preferred —
Bigelow-Sanford Carpet (Del)
4%% pfd series of 1951.

Bliss

76

*32%

1

Blaw-Knox

76

15

1

—

& Decker

74%

33

Foods

Black

47

25%

14%

—

Corp

Steel

23 VB

47

25%

*32%

_i

Corp

7%

45

25"% Mar 10

45% Jun

Best

Bethlehem

22%

47

25%

50

—10

Co

36% Jun

42% Feb

9

—

Co

Aviation

&

23

46%

25%

10%

*82

Cum pfd $3.25 ser of 1946_No
par
Benguet Consol Mining' Co___l peso
Best

223%

48

1

RR

Loan

23%

25%

26

17%

29,500

23

47%

103/4

118

17,200

23%

26%

105%

,.103

Corp.

Packing

Beneficial

5

15

May 28

Bendix
*

3

22

91

2

pfd

preferred

5

19% Sep

2

4%%

May

28

Sep

17

July

100

1,100
9,30o

9%

25%

10%

i.luo

_

4%
58

9%

48

26%

__2.50

4%%

Howell Co

27% Jan

12

Dec

2

——*

Belding-Hemingway

38

3

16

3

1 % Jan

29% July

Creek

Beech-Nut

25

36% Feb

65 'A

Beech

8

44% Jun

3/4 May 18
24

Jan

33% July
1
11% Jan 15

12 % Sep

15

St

Beech Aircraft

2

21% Jan 29

68% Mar 20

11

(A

38% Jun

393/4 Dec

21% Jan

S^oe

preferred

Inc

4%
57%

93/4

22%

*11%

45 %

4%57

47%

*35

__10

prior

Mills

9%

12

Corp—

picsi.er.eu...

4%
56%

9%

36%

:
.No par
Co common.—12.50

x.id

conv

/a'/o

47/s

57%

9%

*35

—50

•*

4%
56

*113/4

—

3%%
Beaunit

4

17

Sep

1

common-*—.. 10

Works

oigars

4

14

16 Vb

Iron

£>..yuic

10

•

preferred

14

Sep

'

Brothers

173/4 Jan

32

33% Jun

Oct

50%

Corp

10 Vb Apr

93

May 21

9% Dec

49%

Oil

233% Jan

26% Feb

1

31% Apr

74%

2

15

63

*74%

22'% Mar 13

29

30

*25 %

4

Oct

93

25%

17

10% Dec

50

24'A
48

Beatrice Foods

18% May 27
88

9%

25%

Jun

175/4 Sep
90

.Jan

4%

58%

9%

23%

Bath

6
30

Jun

4%
55%

10

473,4

29% Jan

30% May 26
14
Marl6

16

81

163/4 Mar 20

14

31

12

7

107

4%
57%

93A

pre*ferred__100

4%%

16

11% Jan

9

21

27

26% Jun

9

22 % Mar

4%
55%

common

noncumulative

Barker

Mar 31

Dec

100

28

1

(The)_Nopar
Corp
_13

Co

Ohio

&

Barber

18

1123/4 Dec

5

903% July 28
14% Dec

Sep

.May 14

47% T&ay
123% July

v

Inc

100

4%

13f% Jan

18

9

Jun

57

9 Vb Sep

78

Jun

76

4

185/4 Sep

Jun

27

(T)

Bangor & Aroostook common—_50
Convertible 5% pref erred.;——100

48% Jun

4

433/4 Jan

345% May 20
93

4

10

Feb

Babbitt

16

For footnotes

see page




5

26.

44% Jan

4

56

53% Jun

29

California Packing
Corp
Zinc-Lead

5

Callahan

Calumet & Hecla Inc

Campbell

W

&

C

'

Foundry

Canada Dry Ginger Ale
$4.25 conv preferred
Canada

com

Southern Ry Co..
Canadian Breweries Ltd
Canadian
Cannon

Pacific

Mills

Ry

1

27%

27%

2%

2'A

2

2%

2

2%

2

9%

9%

9%

9%

934

9%

__15

21%

9%

21%

1.65%

13%

133/4

13%

96%

96%

*95%

96

94%

56

57

*55iA

57

*55%

27%

*263%

27%

—II—"5
No par

100
No par

*95'%
56
*26 3A

22

27%

.,25

26%

27

_no par

52%

52%

22%

2%

22

22

22'%

9%
22'%

13%

13%

13%

13%

2

22

13%

8,500

7,800
12,300

22

1,200

1374

9,900

95%

*947a

96

57

*56

57

10

26%

2674

*26%

27

200

26%
53

2%

9%

26

26%

2574

26'%

25%

53%

*53

54%

*5274

53%

*52%

26%
53

50

27,900
300

Number 5339

Volume 180

.

(65)

The Commercial and Financial Chronicle

.

.

NEW YORK STOCK RECORD
STOCKS

Range for Previous

Highest

Lowest

13% Jan

29

8% Dec
16% Sep

28

4

12
30

Carborundum

22

Carolina

23% May 26

Carolina

13

40 y» Apr

5

2iy2 Apr

4

62 % Apr

13

Carrier

13

7

16 y8 May

20

Carriers

&

17% Apr

12

Case

I)

Co

129% Feb

26

5

lliy4 Dec

24

143

Jan

9

45 y2 Sep

21

113

58 % July

2

44% Feb

17

Feb

24

101% Jun

4

6

16 »/4 "Apr

28

133% Jan

2

29

Dec

24

r

98

24

^107%

5

Jan

30

15% Jan

>16% Mar 18

.

>

19% Febl19

20

7% Feb

15

26

31

40% Jan

15

73% Jan

30

/

Mar 27

13.

4

1

42% Apr

21

12 y4 Jan

,

4

17% Jun

8

19

19% Jan

8

24

15% Mar 15

28% Feb

25

23% Dec

24

38% Jan

105% Jan

28% Feb

12

6

20% Mar'-..2

16

Jun

10

Jan

110

14% Sep. 14

14
10

15% Jan

38% Jan

21%

20%

20%

113%

118

115

115%

115

56

21%

56

*114

.

71

70%

72

22%

21%

22%

22%

22%

22%

225%

64

13% 1

13%
*

109

108"%

173/4

*17
♦20

20%

26%

*25%

64

64%

633/4

6334

14

13%

14

14

14

*

109

109

*1>

26

7«.

19% Jun

Central

16
16

of

RR Co

14

23%

'

23%

23%

18

i8

;

18

1,200

14

17,900

37

16

18

18

25%

34% Dec

—50

*18%

18%

*18

18%

5
9.50

24%

25%

25

25%

Co

*11%

12

11%

11%

Corp——J.

No par
—5

27%

1
10

17%

17%

17%

38%

38%

38

Violeta

Century

Ribbon

7% Jan

18

4

30% Jun

3

12% Jan
;

4

18% Jun

30

33V2Jan

4

40

Jan

33

3

•

&

de

Cerro

Belt

Chain

Corp

Sugar

Pasco

Certain-Teed

May 25

July

47

11-

98% Jan

30

108

5

Mills—
Corp

Products

Co

1

—

-

Common

1

*6%

*7

>

2734

f.

3

Mar 17

6

~7%*Mar

27

4% Feb

Dec

31

31% Feb

,4

25%'Jan

5'

33% May 20

Chesapeake Corp of Virginia

32% Sep

15

41% Feb "2

33% Jan

4

36% Feb

Jun

3

12

Sep

85% Oct

15

13

23% Feb

18% Jan

27 Ve May 14

5

18 % Jan

25% Jun

21

27 % Jan

26% Jan

27'/a Oct

6

34% Jan
Jan

18

14•

;

*1734

18%

*1734:

18%

300

25%

2534

255/8

25%

6,600

11%

*11%

.

7%

7%

7%

300

27%

263/4

27%

6,000

175/8:

17%

24,700

39%

40

173/4

18%

173/4

18

*38%

3 8 5/8

385/8

39%

,

31

10

Jan

29

22% Jan

.

13

.

15

51 % Jan

10% Dec

30

30

44 Va Aug

41% Oct"

6

.

103/4

9,900

39%

5,900

11%

11%

11 %

11%

11%

2,200

29

28%

283/4

283/4

29

4,600

63%

64

635/8

65%

88

86

86

100

70 >

70

7,700

1,600

86 %

72

Jan

7% Jun

16

11% Jan

5

92

1% Jan

10

13

preference—No par
Chicago Rock Isl & Pac RR—No par
5% conv preferred-series A
100
Chicago Yellow Cab_
No par
Chickasha
Cotton
Oil
—10
Childs Co common
1
5',v
convertible preferred
25
Chile Copper Co
—25

15

9% Mar 15

15% Jun

8

Jan

18

3

4

7 % Jan

5

10% Feb

Feb

5

35

56 % Feb

1

66% Jun

convertible

$3

2

May 21

101% Apr

4

7
11

11

May 25

Chrysler

29

25

Corp

*84

68%

71%

69%
99%

8%

143/e
2%

2%

9%

9%

7%

*13%

2%

93/4

70;.;

*99

7%
133/4

2%

25/a

7%<
14%

1

99%

69

100%.

100

14%

7%

14%

*84

693/4 >

68%

100 %

*7%

88

*84

69%

100

100

*11%

■

*99 Va

5,900

99%

500

8%

8%

*7%'

8%

*13%

14 %

*133/4

143/s

400

2%

23/4

25/e

2%

2,500

10 %

10%

10%

10%

3,100

31

31

31

10

65%

64%

66

146,600

"

10%

10%

*30%

31

645/8

32

♦30

32

*30

io

25/8,.

66

*30

'

63 3%

64

63%

66%

64%

Cincinnati Gas & Electric—
22% Dec
102

22

Jan

16
6

95% Jan

9% Sep

15

Jan

12

11

Jan

4

9% Jan

30% Dec

70% Oct

•-

28% Jan

5

47-

Dec

55

14% Jan

78

76% Apr
38

July

r

:102.

Jan

_

4%

30
1

11% Mar

15

27% Jan

4

35% Jun

Jan

4

16% May 10

33% Mar

14% Dec

28

17

72% Dec

28

83% Feb

9

74

Jan

27

5

44% Jan

6

33% Jan

4

10

90

16

54% Nov

,

'109%

12

'

Mar

7oy« Jun

Mar 23

70% Dec

15

75

41

21

44% Mar 19

109% Apr
75

4

23% Jan

15

50
May 18
4
29% Jan

44

16

25% Apr

11

43 % Mar 20

37.

Jan

7

19

29% Oct •

24

Feb

24

89% Jun

12

97% Nov

25

Feb

4

34% Dec

128% Sep

136

78

Jan

89

107
874

9

1

97% Jan
2% Jan

32% Mar 25

35% Feb

2

TZo
4%

cumulative 2nd

930

47% Jan

2

38% Jan

Nov

5

86% Jan

4

24% Feb

27

12 % Jan

20

Jun

8

Dec

31

90,

July

4

125% Mar 17
976

Coca-Cola

Apr

13

18% Jan

15% Mar 24

26

14% Sep

14

20% Mar 17

Dec

23

66% Mar 24

41

Dec

22

67

Mar 24

50

Jan

29

56% Jun

28

Apr

30

52% Feb

16

40% Jun

47% Feb

1

65% Mar 24

8

50% Dec

2

41% Feb

3

60

Jun

9

50% Dec

9

41% Feb

2

59% Jun

4

14% Jun

Jan

12% Jan

5

11% Jan

29

22% DCc

24

6

69% Dec

19% Jan

25% Jun

12

'

19%

'

19%

19%

5,500
19,400

19%

"•

270

48%

46%

47%'

47

47 5/8

27%

27%

27

27%

26%

27

95

95

95

95

94%

95%

*2%

2%

400

335/8

333/4

1,300

I,

I

*2%

2%

2%

2%

*2%

33%

33%

33%

33%

*33%

34

135

46%

*133%

135

*133%

*91%

93

2%

*91%

117%

117%

89

89

3,900

117%

930

*900

*900

10
300

92

92

116%

117%

117

350

134

134

93

4,200

930

20

49%

50%

50%

513/a

89%

48%

90%

17,200
10J

No par
No par

89

89

90%

91

*13%

13%

13%

13%

13%

13%

133/4

14

14%

1,500

No par

Corpi

Iron

16 %

16%

16%

16%

16 %

16%

163/a

16%

165/s

9,900

41%

41%

*89

41%

41%

v

400

41%

41%

*41 %

41%

41%

*43%

45

*44

45

43%

*43

43%

noncumulative 1st.pfd——100

55%

56%

55%

56

56%

56%

53%

*51%

53

1,550

50%

51%

51

51

51

51

503/8

50

50

430

59%

60

59%

59%

58%

59%

58%

5 8 3/a

5 9 3/4

59

59%

59%

59%

59

59

58%

58%

59 %

1,800

Inc
No par
common—No par

14%

14%

14%

14%

14%

14%

143/B

14%

143/4

138,800

24

23%

23%

23

23 V*

3,700

series B_

17

4,900

'

24%

23%

23%

$4.25 cumulative preferred-No par
Carbon Co_,
_No par

*79%

80%

*79%

80%

*79%

80%

80

47%

48

47%

47%

47

47%

47%

47

47%

Elec—5

28%

28%

28%

28%

28 V*

28%

2 8 5/s

28%

28%

Inc.——1
—-10

53%

54

53

55%

54

55%

54%

54%

154%

37%

38

38

39

38%

39%

39 Ve

393/4

16

16%

15%

16%

16

16%

15%

16%

16%

16%

12,900

39%

40

393/4

40%

39%

40

31,800

Pictures

68% Jan

4
11

49% May 27

Columbian

2

27% Dec

26% Jan

11

29% Jun

Columbus &

11

Ohio

Southern

Combustion Engineering

56% Mar 30

100

23%

41% Jan

8

45

'

15

29

42%

27%

49%

—

22

Feb

89

*41%

*43 %

&

51% Mar 17

15

42%

Columbia

7

15

72

49

93

370

*71%

95%

117%

2,300

60%

72%

94%

*134

91%
109

27

135

-

60%
1083/4

Columbia Gas System

28

7

*89

60%'

109%

noncumulative 2nd pfd—100
Columbia Broadcasting Sys cl A. 2.50
Class B
2.50

28

38% Jan

50

18t)

*41 %

42%

*19%'

48%

4%

Sep
38'/4 Jan

19%

,

50

4%

47

20%

*170

4,000

Southern Ry com—100

Colorado

16

45

12% Dec

&

preferred

5%%

43 % May 24

24

Mar 22

Alkman
Fuel

19%

49%

Collins

&

*41%

49

6

Colorado

*41%

42%

10

5

1,000

453/4

*45%

71%

72

*900

Mar

93

*71%

No par

Colgate-Palmolive Co com
$3.50 preferred

14% Jan

72%

*91%

2

2,100

16%
77

91%

60%
*109

109

117%

51% July

7

60%

Corp—No par

Internat'l

2,900

34%

16%

180

*89

91%

60

108%

preferred_100

(The)

Coca-Cola Co

2

100

10%
102

77-

46

v

*170

*89

109

48%

—

28,700

6,400

16%

%

45%

91%

stock—50
_1
_1

97

10

*98p/8
34'%

34%

*77

78

22,200

78

16

16%

*77%

60%

60%

-No par

preferred

10

111% Jan

16

*33%

33%

37%

96

10%
102

*98%

430

69

37

97%

10%

10%

6,700

65%

37%

97

97%

102

225/a

100%

100

'

71%

preferred-—-100
——1
Cluett Peabody & Co com—-No par

Feb

17

16%

gtd—50

„

Apr

20

15%

33%

34%

*108%

common

94

Dec

33%

No par

4%

140

125 % Feb

*98%

*89

6

892

10 Ve

10%
102

180

12

Jan

94%

99%

10%

*170

Jan

89

97%

*98%

180

conv

cum

37

*170

Corp

Clopay

37%

Co com—100

132% Jan

July 24

Oct

13

Inc

Foods

36%

46

RR 7%

Molybdenum

4% %

15

29

80

Climax

36%

45

Corporation——

Clinton

14

2% May

21

Clevite

8

4

92% Apr

Dec

23

4

27

35%

1005/„
: 67 3/4'

67%

45

j

Pitts

&

68

22%

223/B

21%
100%

67

45

Special guaranteed

18

Sep

281/4 Apr

Mar

Jun

22% Jan

14

Cleveland

Mar 22

21%

100%

69

78

preferred

$4.50

21%
100%

68%

*77

Illuminating com_No par

Elec

215/B
100%

213/8
100

preferred—100

noncumulative

5'/<>

15'

common—

& St Louis Ry

C

Cleve

1

18% Jan

41

33% Sep

5

Mar 24

—0

Co—

5
■—.—100
City Products Corp„
No par
City Stores Co common
—5
4%% convertible preferred—100
Clark Equipment Co new———-20
C C

Mar 15

91

2

'-

29

'60% July

5

Jan

lu7

19

Jun

210

1
4

53% Jan

24

80% May 11
46

May 12

89

July 14
Jan

,

170

Nov'30

"172

Feb

Jun

15

Aug.. 3

Ma r 24

7

99% Apr

15

47% Jun

14

5

10

Service

City Investing Co
5 % %> preferred

1

Jan

12

Jun

261/4 Dec

No par
—00

preferred

Cities

106% May 24
104

Common —1

Cincinnati Milling Machine Co—10
C I T Financial Corp_;—•—No par

'

48% Dec

8

44

Jan

14

31

Sep 18

38% Jan

6

34% Jan

12

43% Apr

19

Commercial

Credit Co

16

Sep 15

22% Jan

2

15% May 11

18% Jan

27

Commercial

Solvents

38% Sep

10%
39%

♦84

2'

July

Pac

&

300

10%
39%

88

65% July

Paul

St

7%

10%

64%

Milw

*7%.

1,300

39%

63%

11

12

>

7%

.

28%

>Jan
'62%, Jan

3% Feb

25

231/4 July

7%

64%

7

Sep

"?%

29

11

37

*7%

11%

23% Apr

59% Mar

7%

7%

11%

103% Feb

49

1,300

7%

7%

28%

4

I

14%

.'64

18

43

**14 V

11%

20% Feb

38% Dec

14%

65%

9% Jan

19

Sep

14%'

'

29

97% Jan

2

•14%

-

64%

21

18

14 Ve

,

11%

2

Sep

14%

.14%

14

28%

5

100

700

14

preferred

5%

9

Jan

80

50

32%

preferred series A
c.1100
Chicago Pneumatic Tool com_No par

12% Mar 31

96 % Jah

152

24%

32%

2

13 y4 Feb

Oct

24

24

32%

10%

39

31

23%

24

32%

39%

29

95

23%

24

32%

10%

29

24 5/a Juri

23%

24%

32%

39

13

35% Jan

24

24

32%

39%

Dec

91% Jun

23%

.24%

32%

5%

6% Oct

17% Jun

24%

24%

10%

86

13,800

23%

39 %

.

900

24%

10%

5

1,500

32%

39%

34 % Feb

100

17

24%

10%

4

4

16%
24%

24%

1

Chicago Ind & Louisville- Ry cl .A_25
Class
B
i
No par

22^: Dec

"58%

17%
24%

39%

14% Feb

10% Sep 22
1% Dec 18

.

10%

63

Jan

17,

24"%

No par

3

15,100

!7% .;

series A noncum pfd—!—100
Chic & North Western-com—No par

U

1,700

34%

91%

;

24%

Chic

Mar

3,400

32%

343/8
*90

17%

J

11

28

90%

24%

18

26

45% Jan

95

25
13

24%

24%

34%

24%

*17%

24%

32%

32%

34%

12 % Feb

10% Jan

76% May 27

7% Oct

17%

32%

-

5%

5%

5%

x90%

35

91%

10

12,200

24%

5'/o

8

82 % Mar 19

89% Jun

17%
x24%

32%

34%
*91

91%

.46% Jan

35 Ve, Mar

2

*■ 6

'

'6

Oct

59

32

32%

34%

5

,

27

25%'

*32%

16

62% Mar 19

Aug 31

59

31%
*91

10 y4 Mar 25

21% May 21

30% Dec

'40% Sep

35

91%

5%

3,800

106

*105

27%

25%

46 5/s

46%

47

106

*105

t:

5

5% ;

44%
(

28

27%

1,400

Chicago Great Western Ry com—50

8% May 21

5%,Jan

" 6

Dec

100

5%

106

>105

26%

34%

31"%

31%

34%
*91

-

Dhicago Corp (The)-

15% F«b

,

5%

44%

44

44%
105

25%

300

7%

273/4

,

12

27%

7%

*7

27%

17%

43
105

27

5%

5

convertible preferred

46

26%

Chicago & East 111 RR com—No par
Class A
'
___40

16

33% Jun

12% Mar

6

5% Dec
10

»•

21% Mar 24

7

Sep

4

25% Mar 19

Oct

12

3%%

May 12
18% Feb
5

13

Jan

14

15

91

26% Mar 17

Aug 31
171/4 Jun 16

21

17

2

84 y4 Jan

,27

23 y4 Mar

80

300

♦173/4

38%

106

*105

Chesapeake & Ohio Ry common—25

4% Sep. 15

6,200

18

175/8

>:

12

*11 Va

7%

27

7%
28

44%

No par

,.

preferred —;
No par
Chance V.ought Aircraft Inc w i
1
Checker Cab Manufacturing
1.25
$4.50

Mar 17

32% Jun

May 12

22

25'/4

10

23

11%'

25%

19

.

Central

6% May 27

3

103% Jan

2,800

109%

;

23

23

:

Champion Paper & Fibre Co—

22

42%

415%
*109

10» is

22%

18

*18%

West

South

Central

26% May

20% Jan

15% Mar 20

15

92 y4 Jun

900

1 64

13%

175/8

23%

class A„_50

J

N

B

Class

6

•12% Mar 18

26

5

11% Sep

261/2 Jun

26

;

300

2,600

'6334

413/4

413/4

41%

41%

f
•

5%"

500

6

5%

26%

"

'

17%

20%

26

41%

11,700

*20

5%

109

190

4.300

223/a

X22

*17%

23%

23%

82,500

74%

17%
-

5%

5%

r.

22%

20%

17%
x20%

64

40%

41%

41

*108%

10

v:

7,800

116

:

72%
,

60

58%
103 %

213/4

22%
116

70

6,600

116

*102%

71%

64

100

116

,

22%

No par

•

103%

115

•

•

70

13%

_

*116

>:

71%

64

'

30

Feb

20%

20%
114

26

com

12,000

118

,

71%

26

L

1,700

15%

54%

27%

__

12,200

15%

143/s

*102%

26%

preferred

55%

153/s

14%

55%

5%

Illinois Light

55

153/B

14%

1031%

17%

'-'4%%

55%

15%

15

543/4

20%

Central

54%

153/a

*102%

5%

Central Illinois Public Service—

56

5434

55%

17%

preferred, series B

500

103%

*20%

5%

455/8

54%

20

Georgia Ry__

455/8

*102%

57/B

of

455%

■

56%

114

—

*453/a

,

103%

100

Aguirre Sugar Co_:
Foundry Co

22

,

55%

com__No par

70

115%

21%

45%

>117

*114%

,

21%

45%

117

v.

115

<

213/4

143/4

18

^•

19% Jun

6

10% Feb

9% Mar 12

19% Oct. 13

117

115

21%

15%

20%

''

23% May 25

4

>23% Jan

17% Mar 16

16

117

.,

115

"

5%

5

Mar

15%

1,500

20

"

-

10% Dec 30

112

15%

15

9,100

20%

19%

*102%

100

,

15%

15%

34%

20

34%

•:

Central Hudson Gas & Elec—No par

25

42y4 Mar 25

35% Jun

_l

56%

15%

9,300

34%

9%

21%

*20%

preferred

Central
Central

12

14% Apr

117

45%

56%

45%
54%

10

10

35

19%

115

21%

*17%

5%

•72% Feb

100
10

conv

/"Central
>

32% Jan

15%

116

21 %

—20
5
1
No par
^
100

7

6% May 14

■7

54% Mar 24

22

59 % Sep

97

Celotex

23 % Mar 25

26% Dec

.liy4 July 14

30

21 Ve Mar 12

6

15%

preferred series A_100
Corp common__
No par

4%%

17J/4Jun

11

:Jan

4% Jan

-207/« July 27

56

preferred

2nd

7%

2

22% Jun

10
1
12.50

common

4.20%

Celanese Corp of Amer

2

12

Apr

74% July

4

Jan

.16

22% July
120.

4

Preferred

*115

Shares

July 3;

353/8

34%

116

Sales for
the Week

"

Friday

9%

19%

45%

preferred

Caterpillar Tractor

:

13

34%

45%

Corp_

10

9%

20%

22

common..!

June 30

1

10

19%

21%

1——;

Corp

(J

7%

2

104 y4 Apr

4

Jan

66% May

19% Mar 25

15% Sep " 2

Sep

4-

38% Jan

18% Dec

6% Dec

Jan

65% Jan
105

96% Jun;23

14% Sep

J an

13% May

*115

■■

,

July 1

20

new_No par

PRICES

SALE

Thursday

35%

5

General

3

Jan

14% Mar 27

9%

HIGH

Wednesday

34 Ve

19%

10

Co

46% Jan

.25

18% Jun

Steel

14

16

4% Sep

Carpenter

10

9%

Ohio Ry_100

Light

16

14% Sep

15% Oct

24

Power &

Jan

49

65% Dec

46% Jun

Jun

48% Dec

14
2
24

104

5

116

40y2 Jan

12% Sep

34% Jan

5

14

June 2!)

35

5

Co

Tuesday

June 28

Par

Mfg Co—

Clinchfield &

Jan

*,

Monday

»•'

1

(The)

(Philip)

Carey

21 % Jun
39 Ve Sep

STOCK

Capital Airlines Inc

.Jan

107

113% Mar 19

103 V4 July 20

LOW AND

EXCHANGE

18

10% Jan

171/4 Jan

19% May 25

<

Highest

8% Jan

29

May 27

30

14
14

23% Sep

Lowest

YORK

NEW

Range Since Jan. 1'

Year 1953

Continued—Page 3

'

—No par

40

*79%

39

80

55

.

395/8

4,200

7,700
17,200
19,000

37% Dec

2

36% Jan

41% Jun

2

Edison Co com—_25

39%

40

17

41% Jun

2

$1.32

convertible

39%

39%

39%

39%

393/4

3934

3,500

41% J-in

2

$1.40

convertible

39%

39%

40%

393/4

395/8

393/4

393/4

39%

2,900

36% Jan

39%

17

37% Mar 16

*39%

32% Jun

preferred
25
preferred—-25
Publishing Co—No par
Corp
10

393/4

36% Jan

\ 39 5/tt

7

40%

17

37% Dec

*39%

32% Jun

7%

7%

7%

7%

7%

75/8

7%

7%

7%

22

22 %

21%

22%

22

22%

22

22%

21%

22

5,200

No par

18%

18%

18%

18%

18%

18%

18%

183/a

18%

18 3/8

2,500

24

24

24

24%

23%

23%

*23%

32% Jun

5% Dec

29

8

29

211/4 Dec

Mar

27% Jan

6

3

4

8

Jan

Jun

29

Commonwealth

Conde

Nast

Mills

27

20 % May

23% Jan

27

Cone

23% Jan

26

Congoleum-Nairn Inc.

20% Oct 28

24 J/2 Jan

15

17 y2 May

30

20% Dec

31

20% Jan

12

25% Apr

2

6% Sep

14

11

Feb

25

7% Jan

4

11% Jun

28

34% Jun

11

45

Consolidated
18

Dec

10

42% Dec

40% Jan

4

103% Jun

2

109% Jan

5

107%'Apr

26

12% Dec

16

16% Apr

24

12% Jan

4

Jan

5

Jun

15

110% Jan

7

91

Jun

10

102

11

Jan

28

10

Mar 26

13% Apr

5

27

26% Jan
107

Jan

12% Feb

14% Apr

4

23

8

31

Jun

1

7

112

Feb

1

7

11

105% Mar 25
14% Apr

15

7

Jan

7

64% May

Jun

9

25

Jan

26

5% Jan

4

6% Jan

20

6

8% Feb

15

16

58

Jan

2

54

Sep

14

38 % Jan

5

18

23

10% Jan

6

8

Dec

29

10% Jan

6

7

35% Apr

23

40% Nov

2

99

Jun

19

109% Jan

99% Jun

18

108% Feb

17

Jan

98

5% Dec

48% Jun

July

109% Mar

2

preferred

$5

'

Apr

Power

110% Apr

5

$4.50

109% Feb

1

$4.52

106% Jun
47

102% Feb

11

May 17

101% May 25

49% May 27
103

2

89% Sep

23

95% Jun,

4

90% Jan

45% Jan

13

58% Nov

6

54% Jan

May 20

97% Jan

8

96

Jan

21

100

6

128

Jan

21

163

25 Va May 21

133

Nov

F01 footnotes see page




26.

20% Jan

4
4

4

Jan

15

23% Mar 29
Feb

4

71% Jun

30

98

C

series

Laundries

Corp

Corp

4%

of

No par

233/4

23%

23%

1,400

11%

11%

11%

11%

11 3/B

11%

11%

11%

11%

14,900

44

44%

44%

44%

44%

443/8

44%

44%

443/8

45

10,100

108'/4

108%

109%

109%

109%

109%

109

109

109

1,000

13%

14%

14%

14

14%

14

14

2,200

29s/8

29 3/8

295/8

295/8

29%

9,000

14

14%

14

$5.50

30

$4.25

99%

99%

13%

13%

*13%

60%

60%

61%
21

*19

6

6

7%
45

21

6%

common

99%

14

14

600

61%

61%

62%

623/4

64

3,400

21

*19
.

6 %

*19

*19

21

6%

21

6%

6

7%

7%

700

44%

44%

6,800

%;

*7%

7%

7%

443/4

44%

44%
109

108%

109

107%

107%

107%

545/8

54%

55
104

53%

101 %

101%

*1017/b

22%

22 78

22%

94%

94

620

108

108

108%

1083/4

108

107%

107%

107 %

54%

53%

54%

102%

102 %

102%

102%

102%

♦102%

22%

22 %

22%

225/B

225/a

22 %

22%

2,400

94%

94%

94%

94%

945/B

94%

943i

440

6934

13,800

69%

70%

70%

71%

70%

97%

97%

*97%

98%

*97 V*

160 V*

7,500

6%

44%

54%

60

13%

7%

108

60

13%

44%

53%

159%

100%

99

*7%

10

157%

110

99%

111

44%

*107%

*94

♦99

13%

61

6

,♦110

109

7%

109

No par
20
No par
2nd preferred—No par

Can Inc

conv

110 %
100

13%

6

7%

29%

110%

99

*19

44%

29%
111

*99

100

—

preferred

preferred

61

29%
*110

America—

new

preferred

$3.75

99

*13%

29%
111

107%

Continental Baking Co com—No par
Continental

29%
*110

107%

1——No par

6,700

11%

108

No par

preferred
preferred

Common

May 13
Jun

100

series B

Consumers Power Co com

7

105% Jan

5

23

16

—
No par
Corp——1.33%

-—100
5
Consolidated Natural Gas
15
Consol RR of Cuba 6%
pfd_l—100
Consolidated Retail Stores Inc
1
Consolidated Textile Co Inc——10c

5

8

45

Jun

112% Jan

—-—

of Bait com—No par

4%

Preferred

28

8

Co

Consolidated

Jun

38% Jan

18% Jan

87

:

Foods

Preferred 4%%

Container

93

Corp—

Coppermines Corp—5
Consol Edison of N Y com—No par

Consolidated

Consolidated

8

Consolidated Gas Elec Light &

100

23% Jun

.

Cigar

distribution

stock

Ex

39%

161%

163

54

71%

69%

705/8

68%

98%

*97%

98%

*97 VA

159%

159%

158%

163

98 %
160

170

5,700
80

100

990

17

18

(66)

The Commercial and Financial
Chronicle

NEW YORK STOCK RECORD
Range for Previous
Highest

Lowest

15

10% Mar 17

11

20% Mar 17

9% Sep

16

13% Mar

3

16

82% Jan

7

72

67

Jun

7'/a Sep

14
13

62% Jan

8% Apr

8

17% Jun

22

19% Jan

14

6

13% Jun

14

15'A Sep

15

22

14

28% Mar

Feb

Mar 18

4

15% Jan

4

Jan

21

26% Jan 27

22% Jan

4

15

19% Sep
48% Jan

27'A Feb

20 '/a Jan

4

6

52

2

Jan

28

43% Dec
■

30

55% Jan 30

15

26% Mar 25

21% Jan

58

Jun

18

68'/a Jan

15

CO

70

Apr

1

90 % Dec

21

93 % Sep

14

96% Jan

93'A Sep
67 Va Feb

15

98

161

6

Nov

9

71'A Feb

31

174 % Jan

18 Va Nov

78

1G

29

3% Sep 15
1 'A Nov 30
25 '/a Sep

87 % Jun

5

1

25% Jan
Jun

10

26% Jun

95

29

28

16

91

Mar

20

9
4

65% Jun

3% Mar 16

4

27% Mar 12

3 % 'io
Cum

Corn

Products

1%

17
25

Co

3%%

2

Tun

30

Crown Cork

2
29

Crown

29 % Jan

4

34% July

17

34% Jan

4

48% Jun

$2

preferred
Zellerbach

4

21% Jan

11
4

26% Apr 12
82% Jun 30

13% Dec

24

36 % J an

5

14% Jan

5

20% Jan

Cuba

11% Dec

31

17

Jan

6

Jun

24

185

Jan

8

5'A Sep

15

49% Sep
6% Sep
23% Sep
131

105

Apr

1

26

11% Jan

4

28

"6%

Jan

29

Mar 17

5% Apr
56 % Apr

20

87

Feb

3

12% Mar 19

31

7% Jun

30

9% Jan

8

27% May 14

30% Apr
8% Jan

15

34% Jan

15
21
15

29

9% Feb

18

6% Apr
93

19

Jan

8

4

103

54% Jan

5

60

7% Jan

4

10% Mar 31

2

27% Mar 20

14% Feb 28

$4.20

5%

RR

25

Jan

11

Jan

23

138

Apr

17

134

Jan

7

31% Sep

15

43

Jan

15

39

Jan

11

27% May 26
136
Feb 15

58% May 24

non-cum

9

65 %

8 3%

9

64

65%

14,800

17%

643%

65

173%

173%

64 Va

65

17%

18

11,800

21%

173%

20 3%

173%

17%

21'%

17%

1,300

39%

40

38%

40

213%

22

.

20 5%

21

21

213%

21%

393%

39%

21%

2,200

383%

39

40

21%

41

213%

22%

%

6,700

215%

213%

21%

21%

3,000

•

48'%

48%

*48%

50

*48 3%

50

47

*47

47%

*47

283%;% 29%

47%

■29,

64%

64%

64%

65

108

109

*95%
101

1073%

97

109%

*953%

101

76%

65

*100

76%

<29%

76 3%

22%

23%

223%

3%

33%

3%

33%

1%

13%

1%

13%

32%

32 %

33'%

32%

32 %

*96%

2

27%

2.50

*100

76%

4,900

102

76%

763%

110

8,300

22 7%

23

223%

23%

*33%

37/a

33%

33/4

2,200

1%

17%

1%

1%

33%

2,300

323%

32%

32 5%

32 7%

20,100
200

98

98

27%

27%

15%

102

1,470

97

1%

27%

15%

33%

65%
111

33%

98

15

643%
108%

*953%

23%

*27%
33%

100
600

2,300

*174%

*963%

15%

29 t

176

27%
333%

28%

...»

*174%

98

15

<

47

65

753%

176

50

47

97

*100

76%

X175

*48 5%
'

111%

*953%

102

23%

1773%

29

1

.

1093%

97

x75%

1%

1773%

29

-

64%

111%

*953%
*100

*3%

177

<

65%

1093%

97
102

76

t

23%

*333%

*98

176

330

6,800

98'%

963%

963%

27%

27%

273%

27%

800

155%

153%

15%

15%

34

15%

9,400

333%

34

34

34%

1,300

33%

5

47%

473%

47%

485%

473%

*103%

483%

104'%

47%

103%

103'%

1033%

1033%

24%

24%

♦1033%

243%

25

1037%

243%

103%

100

243%

24%

243%

82

24%

82

243/4

82%

3,400

81%

82

81%

81%

1,100

25
100

pfd

100

82

82

82

*16

17

*16

10

13

100

*170

common

common

13%

163%
13

*170

5%

5%

5%

*54 %

55%

543%

54%

54%

5

8

No par

101
*59

common

1

A

1

8

75%

101

54%

*273%

♦54%

*1003%

593%

59

9%

73%

7%

7%

101

7"%

*1003%

59%

9%

93%

9%

27

100

27

136

*134%

136

136

57%

58

58

57

58

pfd

Cutler-Hamper Inc

56

54%

300

83/4

5,400

8

*275/8

7%

28

75/8

73/4

400

5,300

101

*1003/8

59

*58'A

593/4

300,

93/4

9%

30,400

27%

27%

3,300

*134%

136%

9%

136

No par

Cushman's Sons Inc 7%

26%

54%

8%

2,600
3,200

*58%

10

27

5%

♦1003%

593%

26%
"134%

5%

28

7%

101

*58%

13
200

543%

273%

13,900

163/4

13

*170

5%

7%

28

48

*16

13 Va

200

5%

75%

28

47%

16 3%

13,
♦170

53%

54%

7%

7%

9%

5%

473%
104

*16

13%
200

*27%

28

73%

No par

preferred

83%

♦27%

163%

13

200

100

preferred

*16

13

*170

200

10

Cunningham Drug Stores Inc__2.50
Publishing common
1

Class

22

*48%

Curtis

Prior

66%

l

4%%
preferred
Cuneo Press Inc

$7

87%

623%

17%

64

l

preferred

Curtiss-Wright

>

89%

21%

175%

common

Cuban-American Sugar

16

89%

9

47

5

preferred

Cudahy Packing Co

May 27
Jun

6%

89%

8%

1

preferred

convertible

7%

8% Apr
2
100% July 28
57% Feb
4

2,300

♦89

9

50

common

Crucible Steel of Amer

72% Jan

21

91

89 %

8%

4,400

_No par

101% Jan

6

Sep

90

88

'

16

5% Sep
93% Dec

4,200

No par

Corp

Mar 17

27

12 %

46%

—100

Seal common

Jan

64

12

♦12

29

Cream of Wheat Corp
(The)

89

18

1,300

12%

100

33% Jan

21

17%

123%

25

15

Nov

17%

12%

100

15

6% Sep

12%

46%

Corp

20% Sep

52

12'%

28%

of/1947-100

preferred

Jun

15

8% May 2i

12%
89

Refining common_25

68% Sep

180

12%
88%

20

common

15%

34% Jan
103

7%

1

Coty Inc
Coty International Corp
Crane

28

4

50

—

series

Petroleum

26 % Mar 22
Jan

7%

—50

Corp_j

preferred

11

2

series

preferred

pfd 3%%

Cosden

35% Apr 14
99% Mar 30

35% Dec

May 18

1

4% Feb

4

pref 5%

6% series—
Dubilier. Electric

1

Exchange Bank & Tr Co
Corning Glass Works common

28

1% Jun

4

91% Jan

7%
17%

8

Corn

13

Jun

Delaware—:

of

Preferred

30

99 % Apr
101

Convertible

Cornell

78% Mar 12

1 % Jan

15% Mar
-

25

182% Mar 29
24% Jun 17

28% Jan

7%
17 5%

Continental Steel Corp——
14
Cooper-Bessemer Corp common
5
Copper Range Co_
No par
Copperweld Steel Co common
5

9

5

21

Jan

Apr

111% July

4

2

7%

175%

9

24

Jan

3

34% Apr

2

10% Dec

Jan

2

15

1G

7%
17 s%

8%

J-sn

8

6

176% Dec

Mar 31

15% Dec

95% Jan
96 % Jan

7%

18%

.1

52

12

19

7'%

*175%

Motors

Oil

Shares

7%

Continental
Continental

the Week

18%

5

...

Friday
July 2

7%

10

-

Sales for

Thursday
July 1

*17%

Insurance

49 % Apr

Mar 22

25

Jun

June 30

Continental

«32% Mar

4

87% Jan

5%

PRICES

Wednesday

June 29

2

24

48% May 25
44% Mar
5

'18% Sep

Continental Cop & Steel Ind com__2

73
May 19
19
May 24
25% Apr 22
41% July 2

4

20

6

SALE

Tuesday

25

July.

HIGH

Monday
June 28

Par

9% Mar 18

4

Jan

LOW AND

STOCK

convertible preferred
Continental Diamond Fibre

91

15

7% Jan
52

YORK

EXCHANGE

4

10% Jan

5

19

NEW

Highest

7 % May

11% Mar 25

48% Oct

% Sep
19% Sep

Monday, July 5, 1954

.

CoRtlnaed—Pig* 4

STOCKS

Range Since Jan. 1

7% Sep
17% Jun

(f*

.

*

Year 1903

Lowest

.

27%

9%

27

,

27%

♦134%

136

'57

573%

101

57%

20

20

58

3,100

38%

4,200

D
29'A Sep
83% Dec
4

Dec

15

40% Mar 29

30% Jan

11

22

92

39% May 24

87% Jan

26

93

Jan

8

22

8% Mar 17

13% Aug 20

14% May 4
16% Jan 20

13'A Jun

39% Dec

11% Dec
33 % Jun

15

16

4% May 18
8

11% Jan

4

Dana

May 25

5 % Mar 12

3%%

17

37

Apr 27

42 % Jun

82% May 28

92

Jan

2

90

Jan

5

83

Apr

28

92

Jan

16

91

Jan

13

86

Jun

3

97% Feb

11

5%

17% Aug 31
7% Sep
34

23% Feb

2

94% Jan

11

12% May 14
47% Jan
5

15

12% May
4
9 % Apr 27
35% Jan 11

100

26

10% Jan

14

Dec

14

23% Sep

15

30% Jan

2

24% Jan

4

28% Jun

18

33% Jan

30% May 26

5

32% Jan

4

34 % May 24

41

3

46% Feb

55

Jun

14

40% Sep
10% Oct

21

52% Feb

2

13

15% Jan

30

12'A Jan

4

15% Feb

23% Jun

16

27% Dec

21

27

7

30% Mar

55% Dec

29

60

81% Apr

28

99

15% Oct

16

61

55% Jan

12

4

93% Jan

14

109% Jun

16% Jan

4

22% Jun

8

64

Mar

2

28% Jan

17

2% Apr
8% Apr
Feb

7

De

33

Devoe &

Jan

4

33% Jan

4

12

34% Feb 13

33% Jan

14% May 25

10% May 10
10% Jun 21

25

29% Nov 12

31% Jun

12

28% Mar 24

Nov 30

41% Dec

3

3

29

12

12

8% May 17
40

Jan

4

57

Jan

11

35

Jun

14

May 10

108% F*b

Detroit

38% Jun

28

35

Jun

4

11% Feb

10

33

Jun

4

11% Jan 13
55% Apr
68 % Apr

Diamond
$1.50

T

49

48%

48%

293/4

303/8

34'%

293/4

30%

34%

X29%

34%

30%

34%

19,900

44%

*33%

443%

34%

45

34%
44%

341/4

34%

1,300

433/4

*43%

100

Co

34%

44%
14

14%

13%

28%

28%

13%

13%

29%

135/s

93/4

435/8

14

28%

723%
♦108

20%

1

13%

9%

43%

9%

9%

93/4

2,100

7,400

•

48%

51

43%

6,100

1,700

14

133/4

13%

13%

13%

3,600

29%

*29%

29%

29%

293/4

293/4

2,600

73

72

110

108%

20%

19%

5%

Cup

Co

cony

59% May 14
33% Feb
2

78% July

2

43% Jan

8

15

15
2

83% Jan

14

75% Jan

15

43

91% Jun

13

30

33

Apr

19

38% Jan

12

7

Jan

4

9% Jun

29

143% Jun

73%

3,800

4

91

Jun

10

108% Dec

3

104% Jan

11

109

Jun

4

118% Jan

2

115% Jan

12

89% Jun

23

97

25'A Sep

14

30% Dec

42

Apr

27

48

Feb

10

Jan

6

47% Apr
43% Jun

23

52

Dec

9

50% Jan

12

4

48% Jan

5

47% July

9% Jan

6

10% May 15

12

94% Jan

6

4

28% Jan

13

l

41% July
2
103% Mar 26
29% Jun 11

Co

52% Mar
53 % Apr

27

7

10% Jun

28

2,500

32'%

32%

32%

32%

6,400

32%

32%
*62

65

*62

65

*62

*2%

2%

2%

25%

2%

8%

8%

83%

203%

83%

21

83%

21

87/a

21

21

283%

29%

28%

283%

28%

28%

32

No par

38%

*34%

2

14

32

108%

14

-

28%

28%

28%

32%

4,900

317%

32

32

3?

108%

3,000

107%

38%

38%

35

35

J

35
14

10%

10%

10%

10%

10%

29%

10 %

29%

10%

30

3,100

293%

29%

293/4

9%

30%

*9%

10,700

*9%

93%

9%

9%

10%

10=%

29

29%

293%

*9%

93%

9%

13%

38

13%

13 7%

93%

13%

13%

108%

50

38 3/8

1,400

35

800

13%

533%

53%

53%

67

67%

67

67

29

28%

67%

400

28%

28%

283%

11%

28%

113%

28%

113%

1,100

113%

11%

11%

11%"'

28%

113%

*11%

15 5%

15%

72

15%

15%

53%

155%

733%

723%

76%

5

40%

763%

40 3%

1033%

41%
103'%

40 3%

*103%

41%

1033%

1033%

103%

50c

283%

28%

285%

29%

28

100

91

91

90

91

91

*33

37

♦35

39

93%

9%

93%

5

129%

143%

134%

5%

9%

2,900

15%

*103

15%

15%

75

78%

36,000

407/a

415/8

35,700

103 3/4

1033/4

300

29%

28,400

1033%

283%

28%

28%

*90

91

*90

91

37

♦35

37

37

37

93%

,

9

(E I) & Co-

9%

9

100

9 3/8

8,900
53,500

141%

134

$4.50

series

No par

119%

1193%

135%

119%

134%

1193%

1393/4

series

No par

98%

136%
1193%

133

119'%

$3.50

983%

119%

98%

119%

119%

98%

983%

119%

10

30%

31

983%

303%

983/4

31

983/4

98%

30%

31

98%

preferred

50

*46%

47

30s/a

*46%

30%

47

30%

31

preferred

46%

46%

_50

*513%

52%

*46%

463/4

♦46'A

4%

preferred

50

48%

50

4.20% preferred
D W G Cigar
Corp

*51%

5

10%

485%
52

103%

*513%
48%
*51%
105%

52%

*513%

52%

473/4

48

48%

200

48%

1,600

*48

48%

*513/4

52%

*51%

52

*51%

52

*513/4

52%

103/4

*10%

10%

105%

103%

105/8

900

463/4

48%

105%

2,000
12,300

52

52

7,600

1,040

Preferred

$4.15

700

77

91%.

♦33%

9%

*66

54

41

75

X40%

29%

53%

67%

153%

78%

40%

No par

54

*66

Preferred
$3.75

1,300

53

283%

com

2,300

53%

15%

No par

38%

*34%

67

113%

1

*107

35%

53%
28 3%

preferred
International

107%
38

*345%

67

1

common

900

28 3%

32'%
108%

38%

No par

convertible

21

343%

1

50

1,500

2,500

21

<

2

No par

2%
8%

21

37%

38%
35

*20%

600

32'%
108%

*107

13%
10%

50c

Ltd

109%

65

25%

85%

No par

Duquesne Light Co

8

24

9% Jan

20

2%

*107

Co

Common

4

51% Jun

19%

72

2%

25

Car

Duplan Corp

122% Mar 30

Mar

109%

193%

85%

(The)

Dresser Industries

100% Apr

53

723%
110%

19%

8%

10
,

common

du Pont de Nem

2
31% May 25
49
Mar 12

32%
65

723%
♦108%

20

2%

100

common

Dow Chemical Co common
$4 preferred series A

3%%
Dunhill

733%
109%

20

203%

Douglas Aircraft Co Inc new-No par

28

4

73

109%

20

2

preferred series A

Dobeckmun

4

32

*62

73

108%

1

Dr Pepper Co
Dome Mines Ltd

45

9%
483/4

303/8

-

24

Jan

9%

493/4

29%

8

Stores Corp
Distillers Corp-Seagrams

10

2

10

47%

100

new

common

12% Feb

12% Jan

133/4

50%

50

preferred—
Motor

17% Mar

30

135/a

130

30%

13.50

Diana

Dixie

24% Jan

6% Dec

Match

cum

29% Jun

18% Jan

133/4

20
'

29%

Western

Co

5

5

96

49%

100

preferred

4

Feb

96

1

Divco Corp

30

102% Jan

Dec

Alkali
cum

Diamond

30

10

July 29

96%

95%

Corp

14% Jan

2

29

75

*95

93%

Raynolds class A

4.40%

15

15% Jun

94% Jun

36

96%

1,500

9 5%

Co

28% July
10% Jan

100% Jan

*95

5

Steel

Vilbiss

Diamond

10

33 % Jun

17% Sep

95

10

Detroit-Michigan Stove

23% Mar 10

Sep 16
13% Dec 29

*93%

4,100

135%

(The)

13% Feb 26

10

95

175/b
41%

133%

20

Escrow ctfs for preferred

Jan

9% Sep 15
1"0% Sep 21
2

*933/4

17%
41

50c

Inc

Escrow ctfs for common

21% May 27

108

17

95 '!.

95

■"

13%

common

Derby Oil Co

10% Jan

95

Jan

*94

*933/4

96

135/s

Delaware Power & Light Co

10

7

7% Sep

95%

96%

preferred
Delaware & Hudson

15
8

4.

17s/8
41

50c

7%

73% Jun 30

30

27% Jan

13% Feb

17%
41

*94

96

32%

20% Jan

Jun

10

200

13%

941/4

*933%

65

33

101

♦13

17%

96

*62

24% Mar 10

3

13%

45/a

415/g

*95

Detroit Hillsdale & 8 W RR Co_100

14

22

*13

94

4%

94%

100

&

13%

37%
*92%

55/8

415/a

C

Lack

373/4
94

*4%

17%

series

23

16

Jan

*13

42%

3.90%

Co

373/8
*92%

45/a

95

94

Co

373/4
94

173/s

94

67% Feb

Sep

40% Feb

41%
*94

100

Deep Rock Oil Corp

Delaware

17'%

42%
95

B

Records
&

17%

41%
95

13%

series

Dayton Rubber

Deere

*13

3.75%

Preferred

Decca

100

4

25

30

Preferred

series A

x32

16 % Mar 25

9

3.75%

13%

20

19% Jun

24

Preferred

preferred

Detroit Edison

29

Mar 17

*43/8

17

15

18

37%
*92%

43/4

32% Jun

9% Dec

1

37%
92%

*43%

43%

11

64% May

6% Mar 17

363%
X92 %

Daystrom Inc.
10
Dayton Power «S? Light common—_7

7

14

38

94

*4%

Denver & Rio Grande West RR—

9

17% Sep
18% Sep

% Jun

2

Aug

14

32% Jun

28

Dec

,

30% Dec

July 24

2% Dec

Apr

8

24% Mar 23

7

24% Jan

May,

convertible

common

♦13

Mar 12

19% Jan

37%

*923%

preferred series A

20

96% Apr
1
96% Apr 23

28

1

100
2.50

common

Davega Stores Corp

14% Mar 15
18% May 26

Corp

52

10

1

—

2,100

E
17% Sep 18

23% Mar 11

20% Sep 22
13% Dec
4

18% Jan

12

28% Jan

22% Jun

21% Apr
15% Jan

11

28

26

Jun

25

22% Jun

1

8% Dec

19% Mar 27

31

41% Jun

30

15% Mar 17
47% Dec 18

16

156% Sep
36% Sep

8

Jan

22

48% Jan

30

37% Feb

25% Mar 25
Feb 20

20% Jan

46% Apr 30
24% Mar 24

85% Feb

95

169

18

16% Jan

5

1

94

2

24"% Dec

89

May 28
12% Sep 14

22

Oct

7

102

21

1% Dec 22
23% Dec 29
10% Oct

6

5

Feb 11
17% Feb 24

57

Mar 12

2'A Apr

15

37% Jan

9

13

Jan

33% Feb

26
4

48% Dec 31

51 % Nov 30

44

22 % Jan

100

36% May
1 % Jan

29
6

11% Mar

3

23% Jan

Apr 26
49% Mar 29

37% Jan

8

35% Jan

18% Mar

2

14% Jan

14

6

15

9% Jun

26% Feb 19
29% Feb
5

22% Feb

23

4

6

Sep

16

Dec

18

99

Mar I3

24"% Mar 12
8% Nov 27

22

22% Jan

64% Dec

22^

74'A Feb

70% Jurii

15

74

Por footnotes




see

5

12

48

15

21

2

2% Jun

30

89% Dec

1

27% Jan

15

20% Jun

July 2
Apr 12

18% July
45% Mar

8

Sep
13% Sep
9% Dec
20% Sep
25% Dec

6

11

4

60% Feb

Jan

104
23

Jun

May

23

6

4

29

jan

13% Feb

Oct

30

14% May 26
63% May 24
171
Feb
3

46% Jan
165
Mar

83
July
20% Jun

39% Sep

4

9 % Jan

26

Jan

92

Jan

11

12% Jun
27% Apr
51

Jan

4

9

54% Apr

17

Eaton

conv

Ind

26

«Jun

24

29% May 19
100% July
2
25"% Jun

24

7% Jan

10% Jun

9

18% Jan

27

5

66

Jan

70

Jan

28

72

Mar

74% Feb

8

61

63'%

170

170%

2

'

215%

21%

21%

21%

2,700

253%

253%

253%

25%

25%

20,600

205%

20 5%

205%

205/s

205/g

13%

13%

14

14%

14%

3,400

593%

605%

59%

60%

44,300

*167%

170

45 %

46

453%

46%

45%

45%

45

21%

223%

223%

22%

22'%

22

170

22

2.50

100

28%
*100

28%
102

*92%
283%
"100

94

285%
102

*92%
283%
♦100

94

283%
102

*92%

94

285%

28%

*100

102

170%

100

45

45%

4,700

*22

453%

223%

*92%

94

1,000

14%
63
170

603%
169

22%

3,300

92%

28%

1

*100

92%
29

100

14,600

102

l

17

17

17%

173%

173/4

18

5

18

39%

39%

18%

39%

18%

41%

40

413%

2%

39%

2%

40%

23%

39%

2 5%

39%

23%

14,300

2%

24%

2%

24%

2%

2%

2%

24'%

24%

85,400

24'%

243%

24%

24%

No par
5

„

10

24

24%

.

18%

,

5,300

3,200

11%

11%

11%

11%

11%

11%

263%

27

115%

117/8

25%

113/4

26%

26

113/4

2 6 3%

2,300

26

26 %

26%

26%

4,900

*49

50

*49

50

*49

50

50

50

53%

53%

♦49

50

*51%'

53

53

53

3

Mfg Co

40 5%

41%

53%

53%

*52

40%

41%

40

53%

403%

40

40 3%

39%

40

19

185%

183%

18 5%

18%

18%

18%

4,600

_

18 3%

185%

11'%

113%

11%

11%

Xll%

11%

25%

11%

25%

11%

255%

11%

11%

253%

253%

43,600

253%

28%

28%

25%

25%

273%

28

25%

28 %

25%

2,900

82%

28

28

27%

28

100

25
100

99

5%
preferred series A
Erie & Pittsburgh RR Co

3%

993%

*993%

8 50

common

600

13,600

18%

5
10

Co

common

Bldg

*49

.4

Phonograph

Gas Co

Office

213%

25%

1

preferred

&

215%
*20'%

100

preferred

Equitable
Erie RR

14%

61%

Gas__-

Electric

Endicott Johnson Corp

Equitable

13%

21%

170%

common

Empire District Electric
4%

143%

50

2nd

Emerson Radio

14%

Amer shares

Natural

11% Jun

20%

60

preferred

Paso

26

20

♦170

Manufacturing Co

Electric Storage Battery
Elgin National Watch Co
Elliott Co common
5%

25'%

20 5%

10

Electric Auto-Lite (The)

El

21%

26

5

Ekco Products Co common
4%% preferred
Elastic Stop Nut Co

5%

22

25%
203%

100

Edison Bros Stores Inc
4%% preferred

Elec & Mus

21%

1

10

preferred

Emerson

Apr 21
page 26.

6%

19% May 18
29

__io

Eastern Airlines Inc

9

41% Jun

Co

Eastern Corp
Eastern Stainless Steel Corp
Eastman Kodak Co common

11

22 % Jan

16% Jan

Eagle-Plcher

253%

25%

255%

1

9%

9%

*93%

.

100

255%

25 7%

9%

93%

93%

No par

16 3%

16%

163%

100

*68%

68%

*68%

68%

*71

74%

*71

75

50

100

253%
17

165%

68%
*71

167%

68'%
75

*100

2,500

101%

100%

100%

100

253%

2 5 5%

25%

25%

6,600

93%

9%

9%

9%

1,100

16 5%

16 3%

16%

16%

7,500

68

68'%

*67%

68%

300

75

*71

75

*71

Number 5339

Volume 180

V

.

Lowest

Highest

Lowest

NEW

Highest
4

16% May

12% Feb

16

14 y« May 12

Eversharp

59% Mar

49y4Jan

4

74% Jun

4

Ex-Cello

1% Apr 26

2% Jan

18

Sep

14

14% Mar

12

Nov

10

16

Evans

21

Sep

14

28% Mar 25

21% Jan

4

27% Jun

1

Fairbanks

6% Sep

15

10 y4 Mar 25

9% Jan

11

13% Apr

1

Fairchild Engine &

2

ft Jun

30

29

4

18% Jan

27

16% Mar 24

Apr

19

16% Jun

1

19

Jan

8

17 y4 Jan

5

24

57

Jan

14

52% Jan

Morse &

21

34% Apr

14

20% Jun

29

10% Sep

5%

27

Jan

9

13% Feb 24

9

58

Feb

18

53% May

4

48% Feb

24

66% Apr

8

7% Apr

9

1

5 ye Jun

10

Mar

66% Mar

40

Sep 14
3% Dec 31

8

3% Apr
Jan

23

27% May 21

8

5%

1

48

1

105

8% Dec

29

13

Jan

15

83/b Jan

4

10% Apr

Oct

7

2&%

Jan

2

203/4 Jan

4

67% Sep

14

86 V2 Jan

5

76

26% Apr 13
92*/2 July
2

13% Jun

8

19

53% Sep

38% Jan
99% Jan

1

4

12

23% Jun

12

76

Apr

7

49% Feb

17

6
26

105

Dec

21

30

18

32

93

10

100

54

Filtrol

Dept

16% Jan

353/8 July

21 % Apr

29% Dec

7

28 % Jan

31% Jun

9

39% Oct

21

38% Jan

31

17% Jan

6

11% Jan

17

22% Feb

11

31% Dec

3

30 y4 Jan

23

473/4 May

11% Dec

$4

Jun

Stores

Sep

6

81

Jun

-

89

93% Jan

7

2

37% Jan

12

Carpet

Co

Jan

27

88 y2 Jan

6

106

12

94% Jan

4

100

Stove

23% Jan

20

-€% Dec

29

13% Apr

9% Dec

30

13% Apr

15
13

14% Sep

U

1t
'.-lft
May 15
21-%-Sep 15
Dec

68

6% Jan

♦56%

*56%

58%

21.3/4

21%

22

21 %

21%

14%

13%

14 Vb

13%

14

9

14% Jan

7

23% Jan

Fair

5

4

Jan

.

133/4

141/4

~I

13%

;

1

5,500

9,100

60%

*59

60%

50%

♦49

50 3/a

*49%

50 %

300

4%

43/8

43/8

4%

43/4

4%

43/4

4,700

-25%

25%

*25%

253/4

25 %

25%

1,000

*

103

453/4

10,000

1033/4

45 VB

451/4

45

453/4

45

453/4

103 %

100

104

103 %

105

104

*103%

*103%
9%

9%

9%

9%

700

2,700

9%

9%

*9%

10

*9%

10

22%

22%

22%

23

23%

233/4

23%

23%

23%

23%

88%

89

90

893/4

90%

90%

90y2

91%

92%

3,100

88

213/4

22%

22

22%

213/4

223/8

22%

20,600

22%

22'%

22%

743/4

75

74

75

73%

74%

74

74%

6,000

106

10

75

743/e

100

$4.20 div

cum

1063/4

*106

106%

106 3/4

1063/4

52%

52

52%

52

53%

531/e

53%

53%

54

8%

8%

8 3/s

8

8 3/4

83/4

341/4

34

193/4

193/4

83/4

19%

1,000

333/8

6,500
70

203/4

700

353/8

5,400

47

*19%

7/100

35

35

2,000
3/a

101 %

*100

20%

*193/4

20

33%

33%
lOlVz

*100

101%

*100

193/4

33%

34%

32%

34%

101%

193/4

3/4

8

83/4

83/4
33%
►100

100

99%
34%

34i/2

34%

34 %

34%

34%

343/4

par

45 %

463/8

45%

463/4

463/4

47%

463/4

46%

15%

16%

143/4

15%

153/s

153/a

15%

16

16

16%

9,500

10

431/4

433/4

44

common____l

433/4

3,300

issued"

43%

.

35

♦34%

35

99

*98%

99

15

♦S8%

99

•98%

10

453/8

46

45%

104

*103

97

97

97

26%

10

27%

26%
7%

10%

103/4

11

61%

61%

613/4

12%

12%

12%

12%

»_1

Corp

Mar 18

26%

79

80

79%

100

.
'

26%

26%" "27

:_r~"

common

80

26%

26

26 %

6,900

8%

400

8%

7%

11

10%

103/4

10%

10%

1,100

61%

6OI/2

60%

60%

61%

4,300

123/4

103/4

123/4

123/4

123/4

123/4

700

26%

26%

26%

26 3/a

79 i.

5.600

79

79

77%

78

'

61

12%
26%!

27

"80

♦79

130

97%

'

-

10

11,700

*97

7%

8%

*7%

7%

8%

10%
6l

*7%

Corp

26 Ve

26%

26%

27 %

473/4
106

97%

*97

97%

♦97

97%

99

46%
106

106

105

105

105

105

104

100

*98%

46%

46

46 3/s

46%

46%

353/4

*35

99

•98%

*343/8

of '51

46 3/4

353/8

*343/4

& Chem Corp
convertible preferred

ser

43

43 3/a

43

43%

423/4
*34%

35

Franklin Stores

30

106

►106

52

_II~—7%

pfd

/■

106 3%

*106

5

Food Machinery

7

22

*59

5

No par

Inc

"when

3y4%

213/8
13%

.

25%

45%

45%

45%

400

15

4%

26

*25%

19

25%

43/4

4%

15%

18%

61

50%

50%

493/4

153/a
■

573/4

*59

61

*60

51

*49

102 3/4

81% May 13

•

1

603/4

5

Light Co___No

Stores

Froedtert

4

69% Jan

79

22

14
*59

Freeport Sulphu

27

"27% Mar 24

57 y2

•22Ve

1

Corp

12% Mar IS

Jan

11

58%

57%

20%

common

Corp

Jan

*56%

*56%

*56%

,21%

i

1

&

Steel

64% May 14

,

2,300

19

May 19

11

4

2,000

18%

15%

183/4

Mar 16

9

4

Mar 22

10

15%

183/4

14%

14%

153/8

18%

28% May 25

11

45% Jan

51% Mar 17

39 y4 Sep

Jan

19

15.

-VAV

•15%

15

14%

153/B

Co

Power

Follansbee

1

*143/4

14%

_No par

Power

July

116,500

18%

common_No par

Florida

2

30,700

3/e

153/8

Co

(The)

Florida

473/4 July

96% Jan

103

9

26

Jun

5

123/4

19

14%

j

5

Mar~i9

100%

Jan

43% Jan

99

16

33 y4 Oct

123/8

ft

18%

Mfg Co

Common
92

26

12%

%

j

(The)

Food

25%

12%

iff

15*/4

100

2

47% May 18

25%

13 %

%

50

A

preferred

Florence

24

26%

13%

15 y8

Corp

Flintkote

May 14

26

133/8

'

18%

common

ser

4%% preferred
First National Stores

2

26%

13

1

15 y8

5

4,500

26%

26%

13 */4

♦143/4

50

2

*13/4

2

26%

13

Firestone Tire & Rubber com__12.50

Firth

27

pfd

*1%

2

1

Fidelity Phoenix Fire Ins N Y

17

98

*1%

*l3/4

2

1

Corp

Corp

cum

Tarrant

24

103

11

2

Corp

8% Jun

8

Jan

Feb

4,600

20

preferred

&

Ferro

9

July

24% Feb

16% Aug 24
21% Jun 10

Felt

107% Mar 19

25 y2 Jan

Mar 25

4%%

21

Apr

3,500

73'/4

conv

343/4 Jun

7% Mar

13% Mar 17

7% Dec
25% Sep

Sep

15

Jan

conv

Federated

30

Feb

Oct

54

24

104% Mar 26

14% Jan
63

107

8

453/4 Jun

4

2

75*/4 Jan

15

May

5

Mar

18% July 30

101 y4 Jun
41

Jan

133/8

72»/4

pfd 1953 series
50
Federal Fawick Corp
2
Federal-Mogul Corp
111111—5

14

July

13

73%

26%

1

Metallurgical

5%%

Oct

94

Co

Fedders-Quigan

35 y4 Sep

22

13%

72%

No par

Co

preferred series B

5

May 24

26

19

Sugar

Fansteel

-<16% Apr
64% Apr

18

15

Oct

48

57% May 21
26

13

74

Airplane Corp_l

Brewing Corp
Family Finance Corp common

19% May 27

11

21% Sep

13%

72

*1%

Falstaff

17

48% Jun

13%

72

.

Fajardo

13

15% Jun

15

13%

70

Rignts

14% Oct

13% May

12%

2.50

Exchange Buffet Corp

16% Dec

22% May 11

13

713/4

3

2

ft July

1,100

12%
71 %

Corp.

14

Jan

July 13

Shares

14%

147/8

15%

15

1

Inc

2

3

July 2

15

*14%

143/4

143/4

the Week

Friday

June 30

15

15

5

Wednesday

June 29

June 28

Par

Sales for

Thursday

July 1

Tuesday

Monday

Products Co

39% Sep

.-

STOCK

EXCHANGE

15% Jun

11% Jan

10

YORK

SALE PRICES

LOW AND HIGH

STOCKS

Range Since Jan. 1

19

Continustf—Pag« I

NEW YORK STOCK RECORD

;

Range for Previous
Year 1953
'

(67)

The Commercial and Financial Chronicle

...

120

Q
,

6% Jan 22

Gabriel Co

5

Jan

4

23% Apr

15

13

6% Jan

4

7% Apr

1

38% May 19

15
15

6% Sep

V

May

34 y2 Jan

6
13

89% Av*

1

20% Jan

19 '•

28

8% Apr

33% Dec 30

5

3

7% Mar

4% Sep 15
15% 8ep

23

2

Jan

Gair Co
'

21% Sep
22% Sep

21

28% Jan

27

22 y4 Jan

4

30

15

33% Jan

20

24 y2 Jan

7

33 y8 May 26

3% Sep

14

7% Mar 12

3% Apr

12

25*% Sep

14

31

25% Jan 22

29 */4 Mar 24

21% Aug 31

27% Jan

20% Jan

4

24

104% Feb

6

103

Jan

18

107

Sep

15

40% Dec

18

38

Jan

13

55

10

Nov

19

9*/2 Jun

29

Dec

July

142

5

14*/2 Mar 18

17% Jan

5

9y2 Sep

15

14

Mar 25

6

78

Jan

70

May

29% Sep
16% Jun

10

19% Jan

Jan

28

129 */2 Apr

4

Feb

2

$8

Jan

21% July
Feb

128

15

7

11

Jan

8

123/g Jun

36

Jan

16

39

Jan

4
4

56% Feb

15

11% Feb 26

23

61% Dec

16

18

94% Jan

2

11

9% Dec

31

14% Mar 19
61
Jan
9

17
22

124 */2 Jan

2

Jun

11

119

Jan

14

53% Sep

15

69 % Feb

112% Jun

2

123 y2 Jan

5

15

99 Ve Jan

14

15
y4 Aug 31

25% Feb

5

22% Jan

54*/2 Mar 30

48 % Jan

8

27% Mar 23

25

Sep

42

21% Sep

15

65% Dec

8

3% Dec

-

10
10

29 % Dec

Sep

18

May 11

100

10y4Jan

2

14

Sep

15

40% Nov

12

51

19

86% Dec

77% July

2

Mills

General

30

62%Jun

873/4 Jan

37% May 21

31% Feb

2

Sep

18

25% Jan

28

56%

55%

200

473/a

453/8

16%

463/8

47 %

48%

453/,

177,200

48

103/4

10 3/4

10%

10%

11

7,800

727/a

72

73

72

723/4

6.400

96%

*94

96

94

94

29

Georgia-Pacific Plywood Co

1

11%

Gillette

1

593/4

29

$5

Gimbel

20

6% Feb

26

30

139% Dec

31

137% Apr

26

130% Jun

Sep

14

60% Sep

21

11

'I

•

19

Mar

80% Jan

5

7

28 3/4 Jan

93/4 May
77

Jan

4

35% May 25
7% Jun

2

Jan

27

150

3

15% Jan

4

97

July

59

Mar 19

4
52% Jan

12

15

102% Jun

2

108% Feb

4

105% Jan

5

4% Dec

29

9% Jan

20

4% Apr

21

Dec

49

29

61% July 21

50% Mar 17

1

Dec

22

1

109

Feb

34%
7
*148
12%
93%

Goodrich

Co

10

Inc_

___10

F)

(B

1

100

Jan

12

9% Jun

11

14% Sep

15

17

85% Oct

15

98 y2 Jan

28

86 y2 Jan

5

29% July 16

34 y« Dec

31

33

86% May 22
Dec 22
7

973/4 Feb

4

16% Jan

7

28% Dec 30

39% Mar 17

Apr

19

943/4 Jan

8

24

May 27

923/4 May 14
37% Mar

2

Mar

4

100

Grant

(W T)

33/4%

—

5

Nov

30

Dec

29

17y8Oct

1

45

128% July 17

19% Noy

27

17

Jan

4

Nov

9

54

Jan

11

683/4 May 17

27

14% Jan
52

Jun

9

29% Jun

25

Great Northern Ry

45% Jan

4

59% Jun

25

19 % Mar 27

173/e Jan

4

20 y8 Feb

26

2

131% Jan

4

56

58% Mar 25
141

Mar

Jan

2

8% Jan

5

4

31% Jun

3

24% Jun

145% Mar
78

2

4

Mar 22

Dec

31

73

Apr

9

29% Dec

22

40% Jan

2

28

Jun

18

33% Feb

1

19 y8 Sep

18

233/4 Mar 25

20% Jan

8

22% Apr

19

64%

Apr 15

78

6%
Great

conv

"when issued"

No par

preferred
Western

Green

(H

L)

Co

Inc

1
Corp..No par

16%

*84%

86'%

86 %

*84%

lli/4

11

11

11

11%

1,300

11%

34%

343/4

343/4

343/s

343/4

4,400

343/,

7%

6,300

7Ve
147

7

7%

7

7%

86

100

10

147

*146%

149

*146%

149

13

12%

13

2,400

943%

94

97

95

963/4

66

67%

67

67%

13,100

66 3/a

108%

*107

108%

400

58

108

'106%

108

5%;

5%

5%

58%

I

500

5%

5%

5%

29%

29%

400

37%

19,500

1%

16,400

58%

500

58

*57

29 %

*28%

29%

*28%

29 %

29%

29 %

36%

37%

36%

3734

36%

37%
1%

37 Ve

1%

1%

1%

l3/a

1%

9%

*8%

9

*8%

9V«

9%

9

38%

2,500

39 %

39

38%

39 Ve

39

39

38%

14%

14%

15

14%

14%

11,900

14%

15 Ve

143i

14 %

*90 %

92%

92

92

*90%

92%

37 %

37%

37%

96%

l43/4
*S0
„

36%
96%
8

,

*31%
22%
65%
23%

59%
19 Ve

Greenfield Tap & Die

16%
*84%

93/8

139
*74%

-

16%

16%

1%

100
100

preferred
Green Bay & Western RR

20,600

9

Sugar com—No par

7%

700

16 3/8

l3/s

39 'A

Gravson-Robinson Stores com.

$2.25

61%
122%

16 3/a

9

_5
100

Co common

preferred

603/e

122%

13/B

Graham-Paige Motors

1
preferred
No par
Gt Northern Iron Ore Prop__No par
Great Northern Paper Co———25

73/4 Mar
29

36

II,800

61

123

37%

*28%

40
480

9,100

65-%

53/4
57%

No par

12

93 %

55/a

& Co

86%

12,700

66%

*5%

R)

34%
76%

11%

800

102

94%

53/,

issued"

60%
•120

*85

*75

11%

350

93%

9

(W

76%

1,000'
17,500

94%

1073/4

"When

111/4
61

123

343/a

51 %

8,200

107%

1

86 %

*75

11%

*100

343/8

*85

/

*50%

13

653/4

Inc——4

11%
60%
*120

51

12%

107%

Batteries

2,400

12%

64%

Hosiery

213/4

12%

107 '/a

Gould-National

213/,

12%

10

Gotham

1,300

213/4

12%

No par
No par

7

393/4 Jun

7%

'

preferred

—No par
Granby Consol M S & P
5
Grand Union Co
(The)—
—10
Granite City Steel common-—12.50
5%% cum preferred
—100

28

34%
152

$5

Grace

29

7%

Common

18

14 */2 Jun

34%
*147

1

30

31% Apr

7%

16 3/s

65%

1% Feb

5

34%
152

& Rubber—

29% July

30

62

123

No par

373/4 Jun

20% Jan

11%

60%

Glidden Co

4

34% Dec

11

122%

11 %

4

18

60 %

86%

1

26% Jan

113/B

120

11%

;

14

34%

75%

♦84%

1 y4 Jan

25

86

75

11%

273/4 Jan

9% Feb

85

75%

34%

85 %

Goodaii-Sanford

16
64% Apr 27

19

86

75%

ll3/8

1

6%i Jun

6% Jun

34%

86

85 */a

4

33% Mar

34%

No par
2.50

Telegraph Co

13%

50%

102

75%

Gleaner Harvester Corp

(The)

283/4
*100

87

15%

Brewing Co

14

21%

213/4

343/4

16%

Gold & Stock

21%

30

14

14

35%

16%

23/4 Mar 25

22% July
24% Sep

67% July

29

102

xll9%

Goodyear Tire

43% Sep

*283/4
♦100

5

7

'

29

preference__No par

Goebel

2,500

104%

32%

102

29

8% Jan

31%

*103%

32%

*100

Jun

preferred

323/a

31%

104%

291/4

Jun

$4.50

*103%

7,200

102

12% Jan

28

14,200

293/a

62

Feb 15

300

4

29%

123

85 >/e Jun

15,000

93

3%

I

29

4

8

46%

93

4

29

11

4

46%

95

34%

Jan

Jan

13%

,

47%

98

10 % Jan

2.50

Brothers common

31

103%

2,200

31%

32%

323/8
313/4

103%

62 %

343/a

46

convertible

32%
31

31

104%

4

*613/4

34

14

10% Jan

32%

3%

800

1,200

613/4

98

15

25

31%

30%
♦103

4

3%

1,200

27

98%

18% Jan
49% Dec

16% Jun

30%

3%.

*90

92

300

92,600

27%

34 %

July 29

38 y« Mar 20

4

*90

125

98 Ve

100

15

87%

4,800

99 %

99

33%

100

14

44

87

300

3,900

*27%

34%

preferred

6% Dec

61%

43

88

125

34

preferred

4

98%

773/a

345/b

4%%

4

124%

98%

98%

37,200

135

34%

33/4%

13 % Jan

124%

731/4
125

74%

50%

19

27% Oct

603/8

43%'

X98%

*130:

743/e

98

25

105% Jan

72%
X134 '/a

.♦120%

135

50%

Mar 18

16

73%
125

125

121

71%

*98%
343/8
*28%

No par

Telephone Corp new
20
General Time Corp common_No par
4%% preferred
100

16% Mar 25
2
82% Oct

723/a

120%
*130

136

98

35% Apr

13

121%

*130

136

98%

86 % Jun

80

*120%

120%
*130

50 Ve

4

9

121%

6 6 3/4

67

121%

21%

4

21 y« Jan

67%

66%

98%

16

13

83/4
663/B

50

72% Feb

15

8%
66%

21%

29 Ve Jan

23

83/4
663/4

99

75% Jan

12% Sep

8%
66%

50

1

1

10% Sep

83/4

83/4

83/4
66 %
121%

21%

10

Mar 11

79% Apr

x8%

8 3/s

71%
♦94

14

Dec

Dec

95 %

14

May 11

106

10%
723/4

95%

14

14
213/B
50

10c

34%

23

10%
71%

1033/4

Co common

*54

10 3/8

62

61

76

96% Jun

10%

123/b

72 %

313/4

(The)

12%

96

137

85

2

51%

51%

463/4

16

28

50%

12%
503/4

15

9y4 Oct

4,500

*55%

74% Dec

32% Jan

160

12%

523/4

22% Sep
69

127%

12%

*126

56%

1033/4

General Tire & Rubber com

5,300

51%

31%
30%

Castings $6 pfd

900

21%

*55%

12

45

Corp

110

35%

21%

52 3/a

42 Ve
*86

1

Service

76

34%

126

126

126

126

*75

54%

*100
343/8
*86
75

79

203/b

21

12

121 */2

General

31
Apr 21
100% Apr 12

7

Jan

99

126

126

203/4

34 %

21%

*33%

341/4

54%

22
8

100

75

*33%

50%

Sep

99

75

20%

20

3%

Public

Steel

75

34%

12

1

Co

Corp

Shoe

20

75

763/8

2,600

24,100

55%

*132

preferred-No par

Refractories

Apr

13%

453/e

Eqp

General

6

96% Mar 16

12%

*33%

10c

Gen

12%

*75

General Public Utilities Corp
5
General Railway Signal com.No par
5%
preferred
100

1

12%'

44%

Cement

General

July

123/4

613/4

23% Feb 26
51

26

12%

27

Realty & Utilities

101

25%

12%

62

General

28
12

Jan

41

25%

138

27%

22

20 ye Apr

25%.

138

139%

613/4

19

3

138

253/4

34%
20

60

137 %

25%

139%

27

Apr

23

12%

12%

9%

93/4

9%

26

141

"253/4

26%

$2.90 convertible

26

9%

9%
141

26

263/4

4

Apr

9%

5,500

263/4

4
18

143/a Jun

6,400

9%

*26 %

Precision

4

40

53%

9%

993/4

Portland

12% Jan

105 %

53 %

53%

543/4

993/4

General

16

105%

53%

♦105

105 %

53%

723%

General

104% Apr

105 %

253/4
♦105

99 %

1

18

25%

124%

1

Jan

25%

99</2

3

100

26%

25%

>

52%

l03/8
71i/4
*95!/4
8%
66%,

l

common.

200 t

25%

72%

July

1

3,300

30% '

Advertising No par

General Outdoor

30

8,900

29

124 >/4

47% July

32% July

30%

293/e

5

93

313/4 Jun

29%

273/4

29%

No par

4

Jan

•27%

*273/8

123/B

47%

No par

,

2,600

4%
27%

series_T—No par

Corp

$3.75

4

25% Mar 26

16
Oct 21

6,000

4%
27%

12

preferred—100

preferred

General

31

4%
27%

51'/2

_100

Motors

$5

Preferred

.27% Jun

11

common

30%

4%

293/4

126%

*55

par

1

Corp

convertible

31

76

1
No

com

preferred

3%%

100% Mar 30

33% May 11

25% Sep

5%

,f

125% Mar 30

25 y4 Feb

30

General

3

May 25

30%

43/8

27%

93/4

19%

No par

Instrument

31

4%

27%

141

5

Corp

Jan

28 Vi

28

Dec

General

30%

-

4%

543/4

126

10

new

Corp

31

26%

331%

conv)__Nopar

preferred

3 */2 Jan

37% Jan

93

1

May 27

134

Finance
Foods

$3.50

3,600
8,900

»

preferred

57% Jan

21
4% Jan
5

23% Jun

Genera!

8

124% Mar

4

Feb 26
58 3/4 Jan
4
118% Jan
4
95
Jan
4

123 y4

59 y2 Dec

25

General

23

i 68

Jun

21% Sep

25

Mar

30

105%

12%

Dynamics Corp common__3
cum

273/B

28 %

53%

*74

No par

com

Corp—

33

28%

26%

25%

*

300

♦32%

28%

29%

55

9%

50

39

33

283/4

*105%

*139

100

*38%

33

27%

♦27

39

33

26%

543/8

No par

com

3,500

33

105 %

263/8

5

I,900
8,400

7%

7%

7%

29%

*105

5

6%
23%

'

28

29%

100

($2

273/b

*26"%

preferred

General Electric Co

2

11% Feb

113% Jun

4

series

73% Jun

21
60% Jan
5
Jan

July

101

8% Jun

119

6%

*38%

4%

com__l

preferred

Preferred

39%

30 %

common

Cigar Co Inc

General

18

♦38%

34%

43/8

No par

Contract

39%

33%

31 %

Corp

2nd

♦38%

34%

50

preferred

48% Jun

8

94

30

56% Jun

5
4

Jan

93/4 Jan

8% Sep
50% Jun

91

7%

53% May 19

48*/2 Mar 24

88% Jun

52

General

1

46*/4 Mar 24

11% Dec

37% May 17

106

conv

General

9

35% Jun

1st

4%

26

July 28

10% Nov
31

4%

7%

41/4

100

Bronze

7%

30%

1.66%

Investors

Baking Co

7%

39

*27

Transportation__2.50

General Cable Corp

2

Apr 29
36% May 24

17% May
122

Corp

preferred

General

76

9

Amer

7%

1

com

preferred

General

25

30% Mar

2

6

4

26% Jun

13% July

71

2

Dec

117

11

$4.50
General

223/4

7%

2

Inc

preferred

Container

223/4

7%

7%

22%

337/8

6

23% r

23

23

23

6%

6

6

6%

6

22%

39

.

General American

23

148% Feb

10 y» Jan

8

35% Mar 25

16

2

Mar 25

Jun

Co

convertible

Gaylord

4

183/4 Jan

22% Mar 17

4%%

May 26

138

Mar 24

155

1

11

27 ye Jun

22

31

5

convertible

Garrett Corp (The)
Gar Wood Industries

Apr 21

98 y4 Jun

20

2
10

28% P«b

7

May

25

37% Mar 12
~

5%

Gamewell

27 y4 Jan

6 Ve

6

22'/e

,_1

common

common

preferred
50
(The)
_No par
Gardner-Denver Co
5

34% Apr 30

10

July

1

(Robert)

Gamble-Skogmo Inc'

20% Jun

4% Feb

(The)

Inc

29

22

913/8

91

91%

36%

36%

36%

96%

*96%

97%

37

37

*96%

97%

*96%

97%

96 %

7%

7%

7%

7%

7%

32

31%

31%

*31%

23

23

23 ',8

8

7%

8

32

*31%
2234

23%

37

39

23

32

*31%

8

32

3,600

800

2,000
40

2,300
20

23 Ve

22%

23%

6,500

67%

2,400

63%

66

66

65%

66 %

65%

66

66 %

29%

8,200

29%

29%

2 9 3/8

29 %

29

29%

29

29%

9,300

59

58 Ve

58%

58

58

59

57%

59%

58'%

19%

19%

19%

3,600

19%

19%

19%

19%

l'>9

)9«%

n9%

78

*74%

19 %

139
73

19%
♦138%

*74%

139

*74%

78

139
78

29%

29%

29%

29%

29%

29%

29%

22

22 %

22

22

22 Ve

22%

22%

,

139

*74%

139

120

76

29%

30 %

5,900

22%

22%

2,100

For footnotes see page 26




I

\

20

The Commercial and Financial Chronicle

(68)

NEW YORK STOCK RECORD
Range Since Jan. 1

Year J033

Lowest

Highest

Lowest

NEW

Highest

YORK

14% Mar

11% May 21
90 % Jan
7

14% Dec

87% July 31
.19% July 28

95% Jan

7

28% Jan

29

22% Jan

11

4% Jan

4

Common

4

96% Jun

22

30% Jun

4 % %

2

5% Feb

2

24

!

4% Dec

31

8% Jan

9

26% Dec

29

38% Jan

5

26% Mar 29

33% Jun

66% Sep

21

77

5

68 % Jan

4

Sep

14

50% Mar 27

45"% Jan

4

60 % May

22

26% Jan

29

Jan

$5

Jun

July

92

Jun

97

July

28% Dec

16

1

103% Jan

16

24

105% Jan
105

2

8

105

'8

Jan

34

100% May 26
103
May 5

2

Oil

—-3-

States

Corp,.-.;-—

i

Wednesday

June 29

June 30

Sugar

————-1

11%

11%

*95%

-1

96 %

*95%

27%

27%

-

:

r\

Sales for

Thursday

Friday

July 1

July 2

the Week

Utilities

96'A

27

113A

*951/2

11%

Shares

12

*95%

96

95%

95%

10

27 %

27

27%

8,900

4%

4%

5

31%

96

27

27%

113/4

31%

31

77%

77%

27%

27

113A

12

4%
32%

31%

77

76%

76%

77'/4

77%

54%

52%

54%

54%

54%

53%

533/4

31'A

32 3/»

32%

33
105

*103%

105

106%

*106%

107%

~20

105%

105 %

100

*76

25

52%

4%

4%

32%

313A

4%,

4%
32

*77

5

'

——__No par

31%

30%
*103%

31

105

*105%

106%

*105%

31%

*103%

106

.

105

*103%

105

105%

*105

106%

106

105%
*105%

*105%

106

*103%

106%
*105%

800

313/4
77'A

7,100

53

54%

30,300

33%

34

Co-

——

58,400

4%

i—J_-No par

——:

11%

32%

:

RR com.No par

100
$4.40 dividend preferred——100
$4.44 dividend preferred——100

106% Mar 26

Tuesday

11%

$4.20 dividend preferred-;

.

SALE-PRICES

Monday

Corp——————

Common

Jun. 21

.108% Feb 10

15

' Jan

July

104

f

Aircraft

preferred

Gulf

20

HIGH

June 28

Par

preferred ————-100

Guantanamo

AND

The)—

<

Gulf Mobile & Ohio

Gulf
20

90

STOCK

...——.

Grumman

77% Jun 30

41 %

„

LOW

EXCHANGE

Greyhound Corp
4

2

12'/4 Jan

s

STOCKS

Range for Previous

Monday, July 5, 1954

106

800

7,800-

H
32% Sep
23% Sep
16

15

36% Mar

15

30% Dec

30

29 Yh Feb

18% Dec

31

17% Jan

27

Jan

28

20% Apr

11% Aug 27

14

Jan

23

61% Dec

30

71

Jan

30

63% Jan

30

15

16% Jan

5

12% Jan

4

Jun

8

105% Feb

10

22% Sep

15

31

Feb

2

9

145

Feb

2

,

5

12% Sep

...

100

131

July

12% Mar

131

5 % Jan

19

6% Jun

3

24

36

32

6

36% Jun

22

13% Jun

14

Jan

7

11% Jan

2

5

Sep
Dec

8

Jan

11% Feb

17

8% Mar 12

23

4% Jun

25

21

Mar

2

85

31

Jun

22

34% Jan

Apr

20

97

21% Dec

29

26% Feb

34% Dec

14
2

35

Jan

98

Mar 11

22% Feb

9

17% Jun

1

20% Apr

10

74% Jan

17

3.65%
Helme

10

36% Apr

6

Jan

6

89

121% Feb

2

125

38% Jun

7%

37% Sep
48 % Jun

15

44% Feb

3

4

53% Apr

14

23% Sep

14

29

12% Sep

11

18% Feb

54% Feb

Apr

Dec

10

18% Mar

1

27

Jun

Mar

9

5

6

10% Jan

May 13

10% Jan

9

1

Dec

31
2

Feb

Jan

27

Apr

7

95% Jan

12

lo3

22

123

Mar 25

30

57% Feb

13% Jan
33

Jan

16% Apr

4

7

18

24

48% Jan

3

84 % Jan

94% Jan

393A

393/4

Sep

15

79

1

64% Jan

8

86

Jun

14

Dec

29

7

15% Jan

6

18

11% Jan

105

Oil

18% Sep

15

20 % Jan

4

*93/8

10

*9%

10

13%

13%

13%

13

13%

2,900

6'A

6%

*5%

6%

6%

1,200

16%

16%

26%)

27

27

27

27

41%

42%

41%

42

41

41%

41*'

No par

41%

41

67%

68%

66

67

41%

65%

66

ll,20o

65%

65%

65

66%

2,500

77

2,800

Co

com—5

ser

B—No par

74

*16%

75%

*99%

121

77

100%

121

14%

100

35

35

58

44

Jan

59
94

*100%

105

*103

No par

34%
76%

34%

34%

34%.

343A

35%

35

35%

77

75

77%

75%

76

74%

75%

—1

17%

17%

17%

17%

*17%

18

*17%

17%

14%

14

14%

13%

14%

13%

14%

3%

3%

3%

3%

3%

*3%

9

8%

8%

*8

—

100

2

Hussmap Refrigerator Co__—No

Inc._

par

—6.66%

,

46%

20

2%

Co.

par

20
com new_No par

6% conv pfd ser A new
Illinois Power Co, common

_50

V

8%

*8

3%

200

47%

47

47%

2,400

19%

19%

19%

20

1,400

2%

24%

49

49

49

48%

47

48%

57%

*57

57%

22

Jan

5

48% May 21

51% Jun

22

4.08%

cum

Jan

preferred

50

50%

7

50

50 %

53

5

4.26%

cum

preferred—

50

*50%

51%

*50% •51%

4.70%

cum

preferred

50

*52%

53%

*52%

*52

52%
12'A

~6% Mar" 16
56% Jan

22% May 18
2% Jun 30

.

4.42%

7

39

Jan

21

1

101

Jan

28

97

Jan

4

49% July
2
123% Jun 29

Apr
7
35% Sep 15
18% Sep 15

165

Dec

23

160

.Tun

7

170

Jan

26

48

Jan

5

40% Jan

4

60

Jun

25

21% Jan

15% Jan

5

25% Jan

4

6

10

92% Jan

14

19% Mar 11

14% Apr
271

5

28

May 11

27% Jan

4

98

Jun

306

159

Jan

169% Mar

5

25

Jan

32% Apr
35% Apr

6

13

94

23

90

9

2% Jan

7

Jan

2

34% Dec

28

128 % Sep
9 % Sep

15

47% Jun

16

59% Nov

16

93% Jun

18

103% Nov

10

47% Jan

28% Jan
77

Jan

1% Jan

Feb

3% May 21

5

34% Jan

4

132% Mar 11

130% Jan

4

138

4

13% Apr
9
75% July
2
106% May 19
7% ■Tun 30

15

12% Mar 18

9% Jan
55

Jan

101% Jan

4

13

43% Jun
Jun

Dec

30

45% Dec

29

64

May 29

41

29

40% May 27

55

Jan

52% July

44% Jan

11

38

11

57% Apr
40% Jun

10% Mar 17
7

38% Dec

24

40% Feb

36% Dec

30

54

Jan

26

3

4% May 27

Jan

37%'Jan

4

30% Dec

21

35

Jan

19

31% Jan

29

13% Dec

31

20% Jan

6

13% Jan

4

10

31% Dec

18

29 % Apr
31
May

1

3
1

2

8

4

29

36% Jun

30 % Mar 18

29

25

Jan

5

29

15

28

11

10% Jan

4

29% Jan

19

41% May 21
31% Mar 16

16

14

28% July

1

Jun

12% May 26
33% Jan 26

29% Jan

5

22% Jun

32

15

26% Mar 16

24% Jan

4

15% Dec

22

30% Jan

14

28% Apr
18% Jan

109% Dec/10

Sep

15

17% Oct

130

14

Feb

6% Dec
25

25% Mar

82

89

Feb

43

Nov

19

101

11

112% Jun

16

4% Feb
19

19

Jan

6

9

20% Jan

21

26

86% Jan

8

6

Jan

16

74% Jan

57% Aug 31
50% Feb
9

May 12

2

99

16

103

61% Mar 31

76

Jun

66% Dec

8

59 %

Sep

14

24% Jan

5

19% Jan

Sep

18

86

3

29% Sep

85% Jan

4

14

39% Mar 17

31% Jun

9




Jan

95% Apr
43% Jan

22

19

Dec

May 21
19
20

25

7% Apr 13
22% May 18
31% Jun 22

35% Apr

82

Por f(K>tprtte.

120

Int'l
,

of

Preferred

122%

121%

12334

160

160

2 3/b

48 3/8

123

123

*158

162

25%

*19

19%

5 3'A

53%

20

*52

52%

52%

52%

200

11%

12

11%

11%

20,600

*22%

23

23

23%

2%

47%

26

*19

3

48%

121%
*158

3%

3

49%
123

*121

*158

58%

25%

25%

25%

25%

19%

*19

19%

*19

31%

313/4

31%

97%

97

98

14%

14%

15%

145/a

14%

14%

14%

No par

300%

14%

143/4

No par

32%
167
*31

Chemical

5

com

100

*89

32

32%

321/s

32%

295%

2963A

297

3,500
150'

4,300
1,600

323/8

32%

165%

32

165%

31%

31%

31 %

315/g

*31%

32%

32%

321/a

900

33%

32%

33%

333/4

34%

33%

34%

34

90%

90

34%

91

12,200

*90%

92%

*90%

92%

92%

400

167 %

165%

166

165

> 165"%

32%

299

.

165

32%
166

*90'A

25,200

1,230

1

2%

2%

2%

2%

*2%

25/8

2%

2%

2%

2%

1,300

com__No par

42%

43%

42%

43%

41%

42%

41%

41%

41%

42%

16,900

*134%

136%

136%

136%

*135 %

100

Limited

15

7.50

common

No par

Salt

32%

32%

300

13,00o
2,500

19%

31%

300

10

253/4

97%

300'A

2,400

593/8

31%

300

8,500

162

59%;

59%

96%

302

1,400

2,600

122

162

58%

31

new

120

49%

96%

143A

520'

3

49%

98

Sys class A__25

137

137

1363/4

137

12%

12 3/4

12%

12%

12%

13

12%

72

13%

733A

34,200

73%

745/s

73%

74%

74%

75%

16,500

105%

*103%

105%

104%

1043/,

*103%

106%

*103%
6%
46

105%

*103%

6%

6%

6%

7

47%

4734

49%

49

73/a
52

56

56%

56%

56%

56%

56%

40

40

40

39%

40

47%

47%

47

34

34

18

18%

25

$1.40 cum conv
pfd
Interstate Dept Stores

__

25
1

Co

3.50

Intertype Corp

33%

34

7%

7%'

51

40

common

230

12%
72%

No par

-

136

12%
72

No par

j.
—

International Silver

$5

3

48%

25%

7% preferred
'
25
International Telep & Teleg.No par
International Utilities Corp——5

*56

56%

39%

7%

9,500

52%

5,220

*56

40

57

47%

47%

*47

47%

47

34%

34%

34%

*34

34%

*34

17%

18%

18

18

17%

1,900

47

800
200

17%

18%

34%
18%

51,700

34

*

333A

600

40

39%

47%

*33%

3/8

100

7%

51%

52%

34%

34

34%

34%

333/8

35%

35%

36

36 3A

.*35%

36%

*35%

36%

*35%

29

29

28%

363/8

28%

28%

28%

28%

28%

283A

12%

12%

28%

1,000

12%

123/s

12%

12%

12%

12%

12%

12%

7,300

28 %

34

2,800
700

No par

Gas

Creek

22%

22%

2%
47%

25%

Int'l Rys of Cent Amer com__No
par
5% preferred
100

Island

22%

x22%

53%

31

—

&

12%

5,000

51%
52

30%

Packers

Power

52%

12

47

*50

*503/4

51%

*96%

Paper

Iowa

*52

12%

25%

—

Iowa-Illinois

52%

12

591/8

100

Power

*52

45%

51%

51%

*53

,

31

International

Interstate

53'A

46%

573A

97

Canada

preferred

*52%

46

*50

*57

30%

International
$4

53%

59%

4% preferred
International Mining Corp—;■
Int'l Nickel

46%
51%

46%

58

96%

common

&

46%
*50

58%

preferred
Minerals

9,900

47%

;_No par

Int'l Hydro-Electric

.Int'l

3,800'

47%

49

46%
*57

100

Mach

Harvester

7%

49

49

57%

51%

163

19%

49

49

47% 1',

59%

*19

4,000

2,700

4 8 3/4

59

1

2%

24%

&

Coal

28%

28%

29%

29Vs

29%

28%

29%

Co_No par

31%

317/8

31%

31%

31%

31%

31%

31%

31%

_10

Elec

Light

25%

25%

31%

26

3,200

26%

26

26%

26

28'A

26

50c

15

15

26%

2,200

14%

14%

1434

14%

145/a

14%

14%

143 s

2,600

*113%

114%

*113%

114%

*112%

114%

*112%

114%

6%

Co

common

preferred

1

*113%

114%

29%

28%

2,100

J
16

May 12

17% Aug 31

July 7
Apr 23

6

Business

121%

2%
24%

51%

3

47%

2%

24%

46%
*57

*160

20

_+

International Shoe

9% Sep

22

Int'l

Iron

17

23 % Dec

Jan

Interlake

23

51'/8

2%
24 %

common—_—5

Corp
preferred

International

28% Oct

33% Jan

4%%

47%

46%

51 %

2%

24%

100

Insuranshares Ctfs lnc_—

30

49
Jun 22
35% May 28
19
May 26
34% Jun 29

No par

Interchemical

3

7

2

23

46%

2%
24

No par

Inspiration Cons Copper

1

26% Mar 24

11%
3

.—1

Inland Steel Co_^

May 13

32% Jun

new_-No par

Rayon
Ingersoll-Rand common
■»
6% preferred

4

16% Feb

Lt

_5

**

Induslria Electrica De Mex S A

32% May 17

89% Jan

26% Nov

86

—_50

Co

Industrial

27% May 21
19% May 28

13% July 17
21% Sep 15

15% Nov 24

11

RR

Indianapolis Pwr &

24

29% Feb

preferred

cum

Terminal

900

47

52

Illinois

33/8

2,900

193/a

50

12% May 21
23% May 17
4% Mar 15

7,000

47%

23%

46 %

14%

19%

48%

*46%

200

14

10,500

463/4

5

No par

17%

19%

2

—

75%

47%

2%

48%
*57

35%

17 'A

19%

2%

24'A

24

,

35

733/4
*

47

47

20

—1—1

I—

47 % Jun

'

50

105

12

11

92%

*103

40

8% Jan

300
1,300

58

92%

105

4

13

35%

*57

*103

Bay Min & Sm Ltd—No

Illinois Cent RR Co

11% Apr

35%

58%
94

105

Corp

Idaho

4

58%
*Q9

2,200

*102%

Foods

2

51% Jan

35%

35%

*57%
9QO

15%

105

Hupp

24

21

*35

*35

60
110

15%

*102%

Hunt

29

Oct

15%

102

Hudson

54% Apr 15
54% Feb 15

15

14%

102

3

57 % Jan

15

15

300

124

(Del)—25

Texas

1,500

101

*121

*100%

14

51% Apr
49% Jun

52% Jun

*100

122

593A

42% Dec

54% Mar 11

101

102

14

Mar

77

100%
122

*1003A

preferred

9

May 25

77%

1003/4
123

102

Corp—

14

Jan

76

16%
27

*100%

Co_i_

Power

80

16%

*26%

102

3% Feb

4

16%
27

*993A

94

58

*92

16%

*26%

123

15

94

16 34

77

3A

127%

14%

35%

55%
*92

16 3/4

80

*99%
*126

15

*35

17

*100%

48% Apr

24% July

300

26% '

20% Jun
!

*5%

___100

43% Jun

88% Jun

10

13%

100

56% Jun

34

*93/4

3%

4

3

93/4

common—No par

of

Co

noncum

11,400

6%

*8%

5%

100

263/8

13%

6

8%

Apr 22

85%

26%

—100

Stores

90

*84%

*9%

—10

Light & Power

Houston

86

26%

13%

——30

preferred

Howard

*70

———12.50

preferred

Houston

2

703/4

25'%

3%

11

48% Mar 25

14

15%

70

*84%

*8%

14

31

1,500 ;•

9%

preferred

4.40%

143/8

70

26%

9

2% Jan

5

May 21

35% Apr

Mar 25

13% Jan

39% Jan

250

6%

—

Finance

14%

70

85%

7

38% Jan

166% Jan

4,200

40

14%v

85%

25%

3%

8

1

39%

15%

243A

26%

Hudson & Manhattan Common—100

2

23

400:

86

122%

71

143/4

26%

26%

5

5% Mar 19

15

40

13%

No par

pfd

15%
87

4% Jan

59% Feb

21% Sep
27% Sep

39%

71

14%

19% Jan
Jan

2nd

15%

1

7

Jan

40

*70

Howe Sound

29

33

16%

85%
122%

*86

2

14

14

*16%

123%

71

15% Jun

2 % Sep

24% Sep
148% Jun

16

&7.y2

123%

87

2% Mar 25

Mar 11

14% Mar 11

Aug 13
13% Sep 15

16

85%

124%

*70

4

12% Dec

151

16%

86%

124%

10,

9%

common

preierreu

$4 20 div

May 25

30

330

6%

4%

54

23

600

36

13 %

23

17

3% Dec

22%

5

102% Jun

11

38% Sep
84
Sep

22.%
36

5

3% %

Feb

52

16%
85

1,800

—_1
._—

Sons——

&

Household

28% Jan

6

(A)'

12

13

21% Jan

(Charles E)

29

24

Jun

16%

*86

5

Apr

29 % Dec

May
17% Jan

(conv)—No par

59% Jun

103% Jan

101

preferred series A_——100
cum

Houdaille-Hershey common——3
$2.25 conv preferred
50

22

27

A

96

4

Jun

36

16%

120

333A
96

22%

22%

36%

39%

$•* 20

26

19

24

22%

*36

35% May 25

6

5

Jun

*22i/s

36

39%

Hooker Electrochemical

Jun 30

Jun

6

22%

36

39%

Holly Sugar Corp

xviar 31

108% Jan

93% Feb

1% Oct1

22%

36

•

85%

333/4
96

36

22%

36

17

85%

May

7
4

Apr

July

1
21

14

2

69 % July 2
25 % May 28
90% Feb [8

36% Apr

13

Jacobs

(F

I)

Co

1

Jewel Tea

3%%

Johns

Pwr

Co

&

S6%

6%

6%

6%

6%

6%

21%

21V4

21%

21 %

21%

21%

21%

21%

30%

211/2

700

30%

29%

Inc

Lt

4%

31

30%

31

30

30%

30

pfd—100

91%

30 %

91%

8.70o

*91V4

92%

92

92

*92

92%

92%

92%

270

40%

5,500

common

100

Corp

Johnson

&

Jones &

Laughlin Steel

5%

1

preferred

Manville

6%

21%

1

Jefferson Lake Sulphur Co
Jersey Cent

6%

No par

Jaeger Machine Co

Johnson

preferred series A

Joy Manufacturing Co

40%
*100

40%
101

40%
*100

40y2
101

39%
100

40%
101

40%
*100

40 %
101

40%
100

7%
1

12,400

190

20

16,500

No par

71%

72%

71

73

73%

75%

74

—12 %

75%

74%

76

65 %

66%

67%

68

*68%

69%

68%

68%

69%

69%

1,000

24

23%

23%

24%

25,900

com

10

-

100

1

23%

23%

23%

23%

89%

23%

89%

89%

89%

89%

89%

89%

89%

32

*89%

32%

32%

32%

32%

32%

32%

32%

32%

24

■

4,400

33 %

22%

par

series

87%

3,000

98

33
*96

25

84

5% conv preferredHomestake Mining
Honolulu Oil Corp

29

Jun

4

36% Jan

48% May 19
7% Jan 27

*85%

33%
98

125

Holland Furnace Co

27

43% Jun

116% Mar 19

18

8 7'A

33%
*96

82%

Hollander

May 18

5

4

Jan

99% Jan

May
Sep

*85%

33%
98

*123%

Hires Co

1

18

9

Dec

33%
*96

83%

2nd pfd
Hilton Hotels Corp

18

7% Apr

Jun

76

33%
98

124'A

$4%

14% Mar 19

4

Jan

96

46

86%

88%

*33

82%

3%%

25

22

44

86%

■19%
21%

19%
213/8

*15%

8
15

July 17

49% Jun

19%

215/a

600

78

89% Apr

80

16

19%
21%

7,400

4

4

35% Jun

19%

21%

293A

64% Jan

40% May 25

19%
21%

53'A

5

24

193/a
21%

29%

57

36% Oct

19Va

21%

*96

preferred——

Hershey Chocolate common—No

78% May 26

16

19%
21%

3,000

*52%

5

Oct

19

5

29%

56% Jan

7

3,500

4%

53%

Jan

8

130

12%

5

*525/a

81% Jan

18

36%

12%

4%

*29%

14

3% Nov

36%

125/B

12%

5

1,100

53%

33% Jan

14

37

12%

1,600;

6%

29%

25% Jan

9% Sep

*36

123/4
4%

24%

6

29%

2

July 20

36
V

5

*24%

*52%

17% Mar 23

80% Jun

G

293/4

41% Mar 10

42

6

53%

28% Jan

91

24

6

36

21%
*86

10

25

6

29%

15

Dec 29

24%

138

*52%

30

32

13%

4%

31%
*135

15%

68

17

xl3

31%
138

29%

11

15

*24

6

37

5

31%
*135

53%

Dec

Sep

3,30o

313A
138

15%

7

102

20

31%

31%

*135

103%

1,100

29%

Sep

7

104%

*

*52%

2

7% Jan

16

103 %

e

103%

50

25

Jun

4,500,

104

16

——5

32% Dec

12

190;

193/a

Hewitt-Robins Inc

14

90

69%

19%

Heyden Chemical Corp common-—1

12% Mar 11

103 % Oct

69%

13

22

22

*15%

193/s

21

16

Sep

5

16
69

•19%

*il03%

24%

6

*36

15

.69

19%

Apr

31

55

6%

15

68%

19%

32%

May 26

Feb

58

*6

313/8
136

24

*14%

18% Apr

30

5

136

24%

400

11

4% Dec

Oct

1,200-

10

Motors

preferred

8,100

19

41

*68
-

124%

4%%

46%

19

*40

11

10% Dec

47

138

*135

>

—No par

16

45%

19 3/8

26% Jan

52

20

6

31

25

common

non-cum

40%
46%

193/8

19%

14% Jan

73% Jan

14

W)

40

.-45%

47

193/B

2

Mar 27

91/

Aug 19,.

31

-100

preferred

—

43% Mar 31

18

100

'

41

46%

Hercules Powder common——No par
5% preferred
100

Marl6

68

30%

common——————15

(G

Hercules

May 28

9

Co

—

14

126% Jan

15

8% Sep

19

5

103%

13%

22

26

103%

13%

3%% preferred
Heinz (H J) Co common

Feb

104

5

Hecht

35

*103%

Corp———————2

May 21

21% Jan

5

15

19%

36

89

*40
i

68

19%

36

24% May 24

13% Mar 12

38% Mar 13

13% Dec

15
68

Corp of America common
1
preferred —————50
Hayes Industries Inc__——r—1

31% Apr

21

Jan

15%

19%

\ % '/<>

4

Mar

19%

69

Hat

94% Jan

22

91

Nov

.

*15

24

Hayes Mfg

48

19%

"

10

Hazel-Atlas Glass Co

40%

46%

19%

*68%
19%

com—15

Marx

25

21% Jun

5

15

40%

48V«

19%

2.50

preferred I—-100

Hart Schaffner &

21% Jun 28

18% Jan

29% Jan
87

7

78% Jun

6

47%

100

s

Refrac

4

9

21% Dec

62

Jan

14% Mar 20

12

17

72% Sep
15% Jan

6%

May 13
25% Jan 29

14

4% Sep
31 % Dec

40% * 40 %

com—-No par

£) Co $4.25 pfd__No par

Harbison-Walk

140

15

23

(M

Co

preferred—
Paper Co

cony

Hanna

32% May 27

4

Jan

'

Jun

4%

Watch

Hammermill

9

22% Apr

29

60% Sep

Hamilton

3

105% Mar

102% May 11

25

Hallburton.Oil Well Cementing——5
(W F) Printing Co—
5

May 12

26% Aug 13
7% May 20

22% Dec

113

70

20% Jun

'

Water

Hall

16% May 12

2

24% Jan

Hackensack

1

48 % Jun

13

41% Jun

2

2

Jan

35

5

90
33 %

120

3,900

.

'

Number 5339

Volume 180

.

The Commercial and Financial Chronicle

.

.

(69)

NEW YORK STOCK RECORD
Range for Previous
Year 1953

Lowest

NEW

Range Since Jan. 1
Lowest

Highest

YORK

LOW

STOCK

Monday

EXCHANGE

Highest

Tuesday

June 28

Par

41 Ve Nov

26Va Jan

Feb

49

30

5

11

461/4 Jan

30 Va Mar 12

4

4

40 V.

*95

96%

*95

96%

__100

*101

102%

*101

102 V2

*101

IO2V2

*101%

103

—100

*104%

105%

*104%

105%

*104 3/4

105%

*1043/4

105%

100

J *102%

103 %

*102%

103 %

*102%

1031/2

103%

103%

No par

52%

52 %

51%

52%

52%

52%

523/4

40

40

40

40

21 Ve

213/a

21

Ve

213/a

_L__5

143/4

15 Ve

14%

15%

104V2 Apr
107

4%

15
9

Jun

25

5

21

14

53

preferred—_j

cum

preferred

4.20%

_

preferred

i__;

4%

v

non-cum

preferred

.__iL._50

Kansas

Power & Light Co
Kayser (Julius) & Co
Kelsey Hayes Wheel___

1

13% Sep

15

20 Ve Jun

18

16

Jan

4

59 Va

Sep

14

82

Feb

25

64% Jan

4

.841/2 May 24

37% Oct

6

60

Jan

8

39% Jan

4

49% May 21

20% Jan

11

23V2 May 17

11

681/2 Jun

Kimberly-Clark

8.75

County Land Co_
Keystone Steel & Wire Co

16

49

V. Dec

14

48

Jan

111 Va Feb

9

106

jJan

101

Sep

15

28

24V4 Jan

Mar 17

22 Va Sep

3

24

Jan

22

41% May 19

31

78

95

24

213/s July

5*

2

4%

1

26

Jun

17

Apr

29

Dec

11

6

86

Apr

13

14

41% Jan

5

29% Jan

4

36V2 Apr

8

81% Dec

31

93 Va Jan

5

82V2 Jan

5"

97

31% Dec

29

May 12

conv

$5

4%

5

3J% Apr

30

,34 V. Jan

23

8

57 V. Feb

5

48V2 Feb

18

51% Apr

8

Kress

28

46% Dec

31

Feb

24

463/4 Jan

5

Jun

Dec

10

9

4% Dec

28
2

8

9% Jan

7

Kresge

113/4 May 24

5

3% May 27

4

21 Va Jun

20

24

Co

Laclede

18 Va Mar 18

14»A Jun

9

16

Jan

22

31

56

Mar 12

47'A Jan

4

51V2 Jan

27

14

24 Va Mar 17

19% Jan

5

27 V2 May

6

21

64

9

481/2 Jan

7

67

Jun

1

23

29% Feb

3

22

7,

24 % Jan

27

18

86

47

Sep

21 Va Nov

'

86

23

11 Va Jan

V

;

Feb

95

July 14

7 Va Oct

Jan

Jan
-

May 25

7% May

23

95

10 Va Feb

4

12

Jun

30

36

27V2 Jan

4

13

Apr

6

% Jan

Mar 24

4

3.85%

213/8

205/a

21%

21%

21%

19,700

81%

80%

81%

81%

82%

21,400

44

42%

43%

43

;

435/8

10,100

pdr

223/4

22%

23

225/s

225/a

23

23

68

68

67%

673/4

68%

673/4

68%

135%

135%

100

6V2 Jan

4

9 % Jun

18

$3

Mar 30

3% Jun

18

50c

4 Va Jan

22

Nov

12

34

15
30

14

Jan

2

16

Dec

29

4

13

4

40 s/8

15'/2 Jan

4

18% May 24

22% Mar 17

16Va Jan

4'-

20

Feb

4

39% Jan

8

57 V2 Jun

29

8% Jan

4

18% Mar 27

14

42% Feb

8 Va Jan

7

34% Jun

10

10% Apr
39V4 Dec

33% Sep

"

Jan

36

25.3/4

25%

25%

255/8

25%

255/8

255/b

500

*323/4

333/4

*323/4

333/4

333/4

33%

33

33

400

*81 %

82 3/8

*81%

82V2

*81%

82%

82%

82%

*81%

82

20

35

35%

35

35%

34%

35

34%

34V8

343/4

35

3,300

92%

92%

92%

92%

92

92

91%

91%

91%

91%

450

—_10

33%

34%

33%

333/4

33%

33%

10,400

49%

49s/8

49%

49%

*49 %

49%

2,900

43%

433/8

43%

44 Ve

435/8

44%

4,400

11%

11%

5,300

10

33 Ve

33%

33Ve

34

No par

49

49%

491/8

49%

433/8

43%

433/4

44

4

11%

-

_

10

July

56

21%

& Sons

1st

Co

Dec

pfd

Fink

29

McNeill

&

2

1% Jun

24

44% Apr

15

Link

24

47% Mar 16

19 V. Feb

9

27% Mar 27

20% May

6

25

38% Mar

30 i/s Jan

4

41% May 21
25% July 2

15 V. Sep

15

21V. Feb

14

18% Jan

4

5
-

Jun

17

74

Feb

13

67

Jan

12

201/. Apr

23

29% Nov

27

26

Jan

11

10% Sep

18

14% Mar 25

13Vt Jan

4

Sep

64

Mar 12

76'-

Apr

37

341/4 Mar 19

28% Jan

11

16

26

231/4 Jan

4
4

115

110

5

Aug

108% Jan

Lion

3%%

106% Mar

99% Jun
30 Va Aug

42% Dec

34% Jun
55

67% Jan

Sep

21V. July

.

137

May 25

i:

1

5%

4.25.%. series

29'

1%

(P)

7

11

25

Louisville

40

Jun

25

Lowenstein

101

Jun

23

443/4 Apr

7 Va Oct

23

12

Mar 20

Jun

8

45

Feb

93/4 Jan

4%%

22

,

133/4

1

8'A

81/4

3

*2%

23/4

2 5/o

2%

25/8

2

39%

17

163/4

163/4

163/4

163/4

*163/4

,8

Apr 22
2

401/4 July

24

Mar

45

M &

M Wood

MacAndrews

8

10 Va

Sep

17

125

Mar 24

132

15% Nov

July 18
29

26

78% Sep
7% Oct

14

87J/a Mar 27

16

Jan

8

May

9,

28

132 V2 Jan
16 %

20% Jan

'

20 Va Dec

Jan

12V2 May 10

10

24 %

4

July

18%

18%

181/4

18'/a

181/4

2.400

5 6 s/e

571/4

56

563/4

563/4

571/4

9,500

9%

28

6

8% F*b

32

Apr

^ 9

25 Ve Jan

4

40% July

15

22 V. Jan

6

16VB J^n

4

19% Jun

517

Sep

15

Dec

30

4'/a Sep

.

9% Jan

Mar 23

552

14

3Va

/

8% Feb
8

12

505

28

Mar

'

51/4 May

3% Jan

16

16% Sep

18
21

25

11 Va Jun

10
15

58

1

Jan

4

19

Jan

12

7

13Va Dec

52 Va Jun

Jan

80

Sep

12 V. Jun

88 Va Mar

8

95/8
40%

41

41

41

41

58'A

563/4

57%

56

57%

58%

58

144 %

1433/4

57%

145

144

145

144

783%

79»/4

78 3/,

78%

78 5/e

43%

44

42%

43%

43 3/i

44

21

21%

20%

21%

37

38%

373/4

38%

233/4

24

.

14 '/a Mar

V2 July

July

46% July

Apr

21%

373/4

38%

27,800

ls/8

44

rift

23%

21

21VB

1,300

38%

37%

38%

11,300

23%

24%

245/e

25 VB

8,100

243/a

235/e

76

76

76

76

76

32%

33 %

32 s/8

33%

335/8

34%

331/4

333/4

333/8

341/8

28,000

143/a

14%

14%

14%

14%

143/4

143/e

145/a

14%

143/4

23,400

415/8

10,600

261/s

7,600

26

21

1113/4
233/8

*98%
*100%

10

%

211/8

*98%

100%

100%
21%

*23%

233/4

*231/2

233/4

23-

21%

211/8

21%

215/8

21%

105'/4

105%

105%

1055/8

105%

21

105%
993/4

213/a

99

*98%

993/4

*99%

21%

453/4

453/8

713/4

713/4

72%

38%

39

38'/a

102

*100%

43

423/8

423/a

425/«

42%

5

common—10

45%

2,200

72

71%

72

5,400

39%

4,900

18% Anr

213/a July

17% Sep

15

34 Va Aug

Jan

24 Ve Jun

28

421/4 Dec

30

38

Feb

49% July

Jun

30

110 »/4 Jan

5

104

Jan

112% July

27% Jun

10

32% Mar 23

28

Jan

323/a Jun

•83 Va Jun

5

;98%

82 Va Jun

12

75

July

2

16

Sep

15

45

Sep

29

Jan

95

95

'

Jan

85 Va Nov
21

52

1

20
6

24

Apr

Mar 16

17 Ve Jan

20

Mar 12

47

Feb

4

21 »/4 Mar 25

15

Jan

7

Dec

4

20 % Sep

14

30Va Feb

lo

18% July

41 Va Nov

27

45% Feb

17

4OV2 Jun

11% Dec

29

15% Feb

4

12

Jan

4

Jan

8

75

15

2

89

49

28
V2 Feb 26

*83 5/8

8 43/e

7%

7%

7%

73/8

7%

*7%

73/8

300

6 %

6%

*6%

65/8

*6%

65/b

6%

6%

1,200

6%

6%

39

39%

39

11,500

39%

395/b

40'A

10
1
50
I

18%

18 3/i

18%

19%

18%

i.

Copper

:

(The)L

Co

Coal

Co—

RR

1

Co:.*——-

Sugat
Bros

No par

>

■}

preferred

,

26%

26%

85/B

8 5/8

8 5/8

*46%

No par

28%

29

283/4

93%

94

93

93

93%

93'/4

23

235/e

22%

24

22%

i23%

_1

Co—

Corp

i„

Corp

cumulative

...

pfd

preferred

No par
No par
1

Corp

No par

No par
No par
No par
3

183/4 Jun

18

22 3/4 Jan

22

McCord

43 V2 Jan

14

50
McCrory Stores Corp common—50c
3%%>
convertible
preferred—100

2

—

—

Corp common—

$2.50

preferred

72 Va Dec

16

92

Jan

4

88 V2 Jun

24

15

73V4 Mar 12

68 Vb Jan

8

923/4 Jun

30

26 Va Sep

22

35% Dec

1

33% Jan

4

53 V2 Jun

30

McGraw-Hill

52

17

71 Va Jan

12

54 V2 Jan

4

Apr

30

2

39 Va Dec

3

37 V. Apr

26

43% Jun

25

Mclntyre Porcupine Mines———5
McKesson & Robbins Inc
18

24

26Va Jan

21

181/2 Jan

4

24% Jun

28

McLellan

Sep

18 Va Dec

29

14% Jan

22

21% Sep

14

29 Va Dec

83 Va Oct

13

95

HVa Dec

67

Co—

McQuay Norris Mfg Co

18

271/2 Jan

4

373/4 Jun

22

86% Jan

4

99

Mar 26 1

28 Va Mar 19

27Vs Feb

16

31

Jun

8

—

_1

10

Mead

1

May

30

14% May 22

11% Jan

4

II-V2 Apr

14

50% May 21

47

Jan

4

49 V2 Apr

14

15% Sep

15

191/4 Jan

7

15% Feb

18

18% Jun

25

17

Sep

5

17% Jun

2s

22

Jan

26

May

14
4

25% Jan

80

Oct

27

881/4 Apr

29

91% Feb

5

89

10

111

Jan

20

98

Jan

4

106

Feb

8

91 Va Sep

21

97

Nov

13

95

Jan

7

105

Apr

19

25

Sep

15

31

Jan

30

26

Jan

4

35% Apr

14

22

Jun

16

31

Nov

5

21 i/s Jan

13

% Jun

29

28

Dec

29

39% Jan

9

28% Jan

4

86

Jun

11

981/2 Jan

2

92

5

95

Sep

14

Feb

2

104

Jun

14

12

92

Jan

15

98

Feb

89

Jan

6

97

Apr

105

Jun

1

109

22 '/a Feb

2

105

88

Jun

93 V2 Jan

13

84

July

3

931/4 Feb

4

99

May 21

IO71/2 Feb

19

29% Mar

.

5

For footnotes seepage 26




Stores

30

Aug 19

14

5

Publishing

13 V2 Jun

11 Ve Dec

18% Sep

1

Electric Co

19

2

92% Jun

McGraw

111/2 Feb

26 Va Jan

46

.

Jan

283/8 Jan

4

if Jun 24

Corp common..—;___-No par
(1st series)—100
Melville Shoe Corp
1
Mengel Co (The) common—
1
5%
convertible 1st preferred—50
Mercantile Stores Co Inc
3%
Merck & Co Inc common
16%c
4%%. preferred

No par
No par
No par
Mergenthaler Linotype Co—-No par
Merritt-Chapman & Scott
12.50
preferred
$4 conv 2nd pfd——
$4.25 2nd preferred—
$3.50

2

Mesta

Feb

4

—5

Metropolitan Edison 3.90%

108% May 19
8

14
May 14

28% Jun

2

4.35%
3.85%

preferred

3.80%

preferred
preferred

4.45%

preferred

Miajni

14 Va

14%
60%

*60

46%

46%

Copper

pfd—100
series
—100
series—:—-100
series
,100
series
100

5

*499

9,500

19

20

505

4%

*4 Va

4%

800

*4%

5'/a

400

26%

261/2

26%

8%
245/e

8%

85/8

2,200

243/4

24%

24%

16,900
23,500

24%

24%

14%

14 Vb

14%

14%

143/e

14%

60%

603/4

*61

62 '

61 Ve

61 Ve

46V2

*46%

46%

*461/2

46%
29 1

46%

46%

300

29 Ve

293/B

4,600

25

29%

143/b

29

29'/4

29

160

93

93

94%

22®/8

23%

22%

23%

34,800

15%

15%

1,000

*

163/8

163/8

16%

16 VB

16%

15%

19%

20%

20%

21

203/4

20%

213/a

20%

21

20

223/4

225/a

22%

22 5/e

22%

22%

223/e

22%

22 3/4

22%

45»/2

46 V2

46%

47%

49%

45 3^

46%

48

45 Ve

45

110%

110

110%

110%

110%

*110'A

111

*109%

313/4

32%

32

-

31 5/s'

32

iio3/4

112 »/4

32

31 Ve

313/4

31%

31%

11,500

*93%

94

93'/2

93»/2

40

*93

94

93%

93%

*84

86

93%

93%

*93%

94

*93 %

93

933/4

*93

94

*93

94

86

*84

86

*84

86

19%

19%

49%

49%

*49 Ve

18

18%

18%

20

203A

205/a

19%

20'/a

42

41

41

13%

13'/4

133/B

*41

42

13 Ve

19%

50

19

18

20 3/4

19%

*49 Va

19%

50%

18

*41

'

175/B

193/s
*49%

13

133/e

88

88

88

88

913/4

92%

923/8

923/4

92%

52%

53V2

53

181/4

53

20

13%

*52%

16,800
70

88

*933/8

94

1,700

2,700

19
42

*87

3,600
100

50

185/tt
133/4

133/4

92%

92

18 Vb

19%

*41%

42

133/a

90

1" 88

*49Vs

50

19%

19

*

19%

19%

70

86

*84

18%

18

*41

88

*87

12,800
1,000
42,300
1,100

94

*84

500

95

16

16

600

8%

603/4

243/8

24%

14 Ve

2,000

94

53

1,600

1,200

50%

51%

51%

631/2

623/4

623/4

633/4

63'/4

62%

63 Ve

623/4

64

493/4
*63

42%

423/a

41

41%

413/i

42

42

413/e

42%

243/B

24%

24%

2,300

10,000

41 %

24%

24%

13

13

37%

37

*96%
30 Ve

*12%

24%

23 5/a

243/4

12%

13%

133/B

133/B

13%

133/a

13%
36 Vb

36%

36%

35'A

36'/2

36V4

36%

96%

96%

*96%

97%

96%

96%

100

97%

303/8

30%

305/8

305/s

3 0%

2,700

30%

30 Va

12%

123/4

12®/e

12%

600

36%
*96%

97
30 3/8

12%

30%
12 »/8

48

48

*48%

18

18

17%

17%

*873/4

18Vs
883/4

101

34

23%

333/4

24%

23 5/e

%

%

33%

333/8

33 3^

*96
*103

97%
105

12%

183/s

18%
SS3/,

24%

18%
88 %

18%

17%
*873/4

100%

*48%

50

18%
18'/8
88%

10

50

173/4

18%

3,600

17%

18 Va

35,600

*873/4

881/2
700

105

105

*103'/4

105

*100%

100%

*100V,

100%

50

100%

34%

34%

351/8

1,300

24%

24

24%

25,900

34%

24Va

24%

%

3%

33%

33%

*34

23%
%

U

3/4

%

151,100

335/8

33%

33%

33%

1,000

97

96%

96%

50

%

333/4

'

*

3,900

105

*34

34

*96%

*97

98

97

97
106

*104

106

106

105

*104

*104

105

*95

97

*95

97

50

*95

97

aqo

95

30

97

*93

95

*93

95

27%

17%
*873/4
*103

103

*95

107

*48%

50

*17%

96

273/4

123/4

*481/4

183/a

96

*106

12 5/8

50

1001/4

100

101

34

173/4
*873/4
102%

103

103

3,400

24%
13

•

24

!;!
Co__

36 %Jun

100

243/4
60

Rights
Machine

26

26'/a

8%

:_100

L)

Maytag Co common
McCall

5

*253/4

18%

18%

170

5

*4%

5%

*5

39 »/h

39 1

505 \

*496

43/B

8%

2

.

4%

26%

common

com

38%

18%
•

*8%

Chemical Corp com
5
I 4.25% conv preferred—;
—100
Dept Stores common
5
$3.75 preferred
No par
v" $3.75 cum pfd 1947 series.No par

$3

5%

*5

5 Ve

*5

>496

43/8

4%

43/8

*83

1

19

*25%

(conv)_

Electric Co__

$3.40

43/o

505

505

510

510

;

•

39% !.

505

1
_6.25
5
_50
10

Corp

Midland Corp

(Glenn

..

5

Shirt

Mar-acaibo Oil Exploration

57 V. Sep

33% July

83

83%

*7%

17

13% July

83

83%

75/a

May

1

19 % Jun

84 "

84%

Mathieson

2

Jan

4,900

*73/8

Master

Mar 11

83

66,900

*83%

Masonite

28

98

16 »/8

.23%

i_ 100

4%%- preferred

4

92% Jan

153/4
23 3/8

No par
No par

Marquette Cement Mfg Co

97V2 Mar 29

911/4 Jun

16%
235/e

No par

4%%

2

18

40

153/4
23%

15s/a

Marine

26

16% Jan

800

1,300

235/e

Martin-Parry

13'/4 Feb

2

9 1/8

40%
127

127

15%

Martin

5

40%

41%
1293/4

___

233/a

25% Mar 31

16

41
*127

.

2,400

23%

: Jan

25% Feb

9 Ve

9

9

41%

102

42%

42

15%

Marshall Field & Co

21 Va Nov

*100%

14%

Marathon

2

14

r

22%

Manhattan

1

29

38 s/8

39%
102

42%

42

1293/4

41%
*127

250

45 Ve

*100%

-

9

9%
41%
1293/4

*127

51,400

22
141 %

141

453/8

153/8

Mandel

i

2

Sep

41%

413/4
130%

21%

12,000

23%

Manati

24

16% Dec

10

9'/b

9 Ve

*9

413/4
130

130
380

100%

45

39

102

*42%

■

39

*100%

39%
102

24,300

71%

45%

71%

100 %

215/e
141 %

1,200

23 3/i

99

99

99

100%

140%

213/4
141

141

453/4

TQ

600

1123/4

1123/4

73

*100%

26

*111%

1123/4

453/4

..-100

411/4-

261/4

26

300

1123/4

*98%

22

41%

40

413/4
26%

26

99

IOOV4
140

140

141

41%

*74i/8

76

*1111/2

106

98%
223/a

22
141

233/4

*105

106

*105

1113/4

x20%

24

20%

261/4

26

26%
112%

24'

413/4

41%

41%

40

*74%

76

*74 »/8

112

100

293/s July
2
95
May 12

82

1,700

21

38

*20 5/a

23 Va

—10

16% Jan

9

8,100

82%

44%

79

773/4

1%
44%

23%

Mahoning

;

5

14

700

1,030

145

144

,

43,000

143/4

Magma

18

Feb

9% May 18

61 %

24 «/8 Jan

18% Mar 20

16

53/4 Jan
28

17,700

9%

9%
401/4

_5

Magnavox

25

25 V2 Jun

Jan

26

9%

95/8
41%

72%

Inc_——

Trucks

Magic Chef
,

29

5 Ve Jan

12V2 Jan

25% Mar 19

15

Feo

530

55

Feb

42

22% Sep

4

22% Jan

Mar

11

25

4V2 Mar 10

9

25% Jun

Jan

6% Sep

22

Jun

15

2

9 5/e

9%
40%

95/8

Macy (R H) Co Inc coinl
4%%' preferred series A

1

8 Va Jan

500

18%

453/4

preferred

163/4

Madison Square Garden

May 28

85% Feb

15

29

Mack

71/4 May 27

Sep

6 Va Dec

6%

1

81 % Mar 16

8

15% Sep

21

19

16%

18 5/s

59

'

125

17

57%

—50

Forbes

8,900

18%

(Ky).Nopar

Working Co

&

40%

56%

M
41

400

39%

>

18%

41

100

Lukens Steel Co_—

5/e

56

21

__100

A

400

81%

391/4

43%

100

series

3,600

*8%

39%

58

6,500

1

8%

395/b

9%

36

141/4

1

*'8%

39%

41

35%

13%

1

1

39%

553/8

353/4
14

*355/8,

14

40

10

common....—_

—

11,000
3,000

83/a

8

*2%

2%

36
•'

1

1

17

& Sons Inc com—1

(M)

133/4

8

xl8%

_10

Nashville

&

355/8

143/a

8%

2%

A—No par

—.

preferred

353/4

81/4

8%

395/8

—100

Louisville Gas & El Co

12

35%

,14
'''1

:_100

E

Co

preferred

8%

8%

10

D—

series

4.35%
Lorillard

15

Jun

38% Mar 25

22

15

(Md)

83/4

1%

8%

8%

3/8

8

1

25

i.

1,700

90

*87
1

100

series B preferred

3OV4 Apr 27
96V2 Jan 22

36% Sep

90

*87

90

*87

90

78

Long Island Lighting Co com

2

2

74

59% Jan

9

*87

233/4

24

23%
*87

77%

preferred—

qonv

46% Jun

2

Co

Long Bell Lumber

2

26% May 18
153 V2 Feb

22

5

-

July

lf>0%.t--n

30

40% Jan

97'/a Nov
45% Jan

Jun

14

35V4 May 25

30 Va Dec
92

5
14

90

Corp.—

M:.r 16

160 Va Dec

23%

144

common

263/4 Apr 14

23% Dec

23%

No par

.

Cement

21% July

146% Dec

24

____1

Gas

4

99

24

No par

Star

4

18

2,800

233/4

24

5

com

Star

4.75

17

98V2 Jun

63%

23%

143%

Corp

Lone

22V2 Jan
103

61%

5

preferred

Aircraft

Lone

18% Mar 25
' 9

convertible

7

35Va Mar 26
106 V» Jan

62

_No par

8

10

6

613/4

___2.50

Co__—

28

14

May

615/a

1%

Jun

15 Va Jun
97

61 5/8

No par

Corp (The)

Oil

Lockheed

21% Oct

Jan

61%

100

Apr
.

2,000

60%

1

Liquid Carbonic Corp

21

Mar 23

27

15

15

Lionel

41% Jun

15

25

62%

10

com_

Co—

Loew's Inc

103% Jun

Apr

Belt

153/4 May 18

23 Va Jun

26

51%

243/4

60 %

par

.

35% Sep

3

>50%

25%

7

82% July

-

22

38 V. Apr

28% Sep

>14%

513/4

25%

;

2

4

15Ve

*50%

25

Libby

Savers' Corp

15

Mar

*143/4

513/4

24%

1

Corp.—
No
Libbey-Owens-Ford Glass Co

Liggett & Myers Tobacco
7% preferred
—
Lily Tulip Cup Corp—
Rights
;_

56

15%

*50V2

243/4

_____5

1421/2 Jun

Apr

*143/4

513/4

24%

1

6

164

15%

*50%

No par

6

23

*143/4

25 Ve

preferred—No par

Aug

82

5

15

513%

__No par

171 Va Nov

29

Jun

14%
25%

100

% Jun

63

155

300

*50%

common_3

_

2nd

noncum

Libby

1,700

5

Lerner Stores

Life

21%
15 »/8

:

Products:...

25

*3%

21%

l

___

Lehn

26

200

4

33/4

21%

50

(The)

Jan

11%

3%

*213/4

213/4

1

preferred

&

11%

4

*33/4

213/4

213/4

21%

11%

11%

4

*33/4

4

215/e

'

115/8

11%

ll5/8

*33/4

No par

Lehman Corp

2

67% Jan

2

pfd_75 Pesos Mex

Co

noncum

41V2 Apr

36% Mar 22

10

July

100

*25%

323/4

14%

6

1,500

135

'

25%

35.5/8

14% Jan

135

700

68 Va

673/4

323/4

145/B

16

139

*136

136

233/B

*23

25%

353%

6% Dec

15% May 18
1 Vb Apr 15

i

1

Valley Coal common_.t_^_l

7

1% Dec

*133

136

Valley RR___

20

1% Jan

33 Va Dec

67%

Lehigh

34

22% Jan

22

2

'

*134

*22 3/8

Lehigh

10

203/4

43V8

8 5/8

29

7,400

80%

8 6/e

Dec

14

4,100

14%

43%

Lehigh Coal & Navigation Co__—10
25
Lehigh Portland Cement

% Dec

25% Jun

213/e

143/4

*40

No par

Lee Rubber & Tire

May 10

21%

143/4

82

No par

Co

(James)

300

213/B

143/4

213/a

Bryant common___
4%% preferred

Lees

40%

21%

14%

423/4

(The)

Lane-Wells

T

40%

21%

143/4

80%

Lane

31

*40

21%
•>

1

& Co

Co

40%

7,000

203/s

(cum)

(The)

Gas

*40

523/4

52%

44

common

Lambert

Dec

14 V. Dec
46

120

103

103

82

(S S) Co
(S H)

53

100

Inc

La Consolidada 6%

:18Va Sep

—

10

102V4
105%

21%

.

18

Feb

102%
*1043/4

43%

common....-

25

53/8 Feb

28

96%

803/4

'

5% Feb
25 V. Aug

*95

21%

No

preferred.

Co

Kroger

19% Jan

6,600

8,300

36

2.50

preferred

37 Va Apr

42

36

___l

com___No par

preferred

prior

Koppers

May 20

47 Va Dec

35% Jan

Corp

King-Seeley Corp
Kinney (G R) Co

28% Sep

3%

No par

Copper

Kern

39

Mar 19'

Kennecott

30

135 V2 July

13

79»/2 Jan

.

15 Va Jun

3%

City Southern—

Common

42
May 13
21% Jtfh 28

I2V2 Apr 23

preferred

4.50%

Mar 31

104% Aor

18% Jan

3914 Jun

96%

96%

351/2 Jan

3

*95

*95

21

24% Feb

353/i

100

3.80%

971/4 Mar 18

37,. Oct 28

16

36%

353%

May 26

Nov

36

35%

14 Va Dec

21

3,800

35/8

35%

Kansas

July

583/4

*3%

35%

38% Jan

18

57%

3%

35

Aug 10
Mar 17

15,200

573/4

3%

7

16,
27

40%

56

33/a

12

Sep

39%

56

553/4

*3%

Jan

10

40%

56

55 VB

104% Jan

17

38 5/s

3%

100

.32'/2 Jun

39%

553/4

92

102

38%

*3%

28

45 %

38 %

55%

Apr

14

37 Va

57o cum preferred (conv)_____50
Kalamazoo Stove & Furnace
10

92

36% Sep

37%

Kansas City Pr & Lt Co com_No par

95 Va Jan

Shares

37%

1

10

the Wee*

l

i2

Jun

Va Dec

Corp

18

85

100% Mar

July 2

3'/2 Jan

32Va Jan

105

Friday

July 1

36% July

33 V» Dec

18

Sales for

Thursday

r

Chem

&

PRICES

58% July

8% Jan

16

11

Alum

SALE

June 30

4

15

Sep

Kaiser

1

HIGH

Wednesday

,

4

3% May

27/a Oct
26 Va Jun

98 % Jun

July

AND

June 29

K
22 Va Nov

Continued—Page 7

STOCKS
-

*106

27%

107
27 5/s

*97

*106%
27%

95

94%

95

107

♦1061/2

107

27%

27%

275/B

20

*106V2

107V2

27

27 5

8

5,200

21

22

(70)

The Commercial and Financial Chronicle

NEW YORK STOCK RECORD
Range for Previous
Lowest
55 Va Sep

Highest

22

22% Jun

14

125 % Oct

9

24

26

24

42

60

11

104

8?# Dec 29
69

Oct

19 '

j

88

4

20

2

25% MAy
4
29% Jun 28

21

22

8% Jan

% Dec

67

3

Jan

29

Jan

Midwest

Oil

"When

28

issued"

21

9%

76%
*19%

201/8

23%

61

19% May

9 Va

23%

Mar 17

Jan

Minnesota

54 Va Feb

7%

Monsanto

Sep

14

28 % Mar 11
32 % Mar 26

97% May 12
23% Jun
3

31% Jan

37

40% Dec

31 % Feb

49Va Jun

56

68% July

Jan

Jan

19

RR. 5%

Machine

3

50

Feb

25

51

Feb

2

29

Jun

9

11

Feb

Jun

47

66%

65%

43

pfd_10O

conv

8'A

43'%

43

*21%

—-—20

22

8

8%

8

8'/«

671/4

21

65%

65%

65%

43 '/8

.

431/4

44%

65%

43%

43%

43%

21%

21

211/4

21%

1.25

13%

13%

*13%

13%

13%

13%

*13%

21%

21%

211/4

21%

20%

21

21%

2,700

90

91%

9,400

14%

14%

14%

14%

14%

14%

12%

12%

12%

*12%

12%

12%
40%
17%

67%

x40%

40%

39

411/4

40

41

—10

.

17%

17%

17%

17%

17%

17%

Corp

Mfg Corp

5
1

common

23

23

211/4

35%

34%

35%

44

45

44%

45

66%

13,60o

67%

67%

68%

69,400

14%

14%

14%

12%

12%

12%

40%

40%

41

18%

18%

18%

23'/a

231/8

23%

23%

24%

23%

25%

24%

25%

25

25%

*23'/2

23%

23%

23%

25'%

24%

25%
23%

25%

23%

24

*13%

13%

13%

24%

14

13%

13%

40

40%

39%

107 %

107%

*107%

10

22'/a

22%

22 %

22%

*44%

46'%

50

*44%

46%

No par

& Bros

21

34%

23%

I

IOO
com

preferred
(F E)

23

5
1

4%

66%

3

Corp.

1

Myers

66%

*38%

39

39

40'/a
108

*13%

39%

40

40

*1071/4

108

*107

22

23%

46%

200

21

12%

45%

1,200

21

14%

35

44

5,500

14

21%

12

& Co

Inc

.

21%

*13%

3,800
-

20%

No par

(John)

4%% preferred
Murray Corp of America

42% May 27

21%

14

x34%

35%

9,800

65%

43%

No par

Co

8

65%

45%

Munsingwear Inc
Murphy Co (G C)

30

4

4

Jan

15,000

Mullins

23

42% Jan

3,800

8 VB

8

66%

IOO

Mueller Brass Co.—

30

37

42%

8

34%

Morrell

8
2

23% Jun

16%

8

Moore-McCormack Lines

2

47% Feb
110

16 '/a

No par

42%

43%

Wheel

18% Jan

161/4

42%

34%

Motor

16% Apr

16 »/8

42%

63%

26

7

16%
42%

46'A

24% Apr

13% Jan

16

42%

64%

1

Dec

16%
42%

45%

Products

43

15%
42%

35

Motorola

28% Mar 24

30%

16%

43%

64%

Motor

26% July

9,000

30%

20

16%

No par

5

4

30%

30%

77

43

—5

Montgomery Ward & Co

May 18

23% Jvn

28

2,900

21 »/4

23

Apr

23 %

*76

90%

16% Jun

19 % Jan

22%

89%

34% Mar 18

23

23%

21

31

27% Mar 16

600

23%

30%

19%

21%

21

26% lUar 13

30%

*

4,400

19%

92%

8

14% May 19

30%

10

19%

21%

24

5

29%

1041%

*97/a

19%

23%

90%

14% Ftb

15

20

23%

21%

41 % Jun

Sep

*19%

23%

*104

9%

93%

4

29

2,000

76

21%

11% Mar 24

42 % Aug 26

21%

76

92%

30% Jan

Jan

19%

23%

104%

9%

77%

19%

30%

*104

10

*76

21%

6

18

104%

9%

9%
77%

93%

15 Va Apr
43% Jan

12

30%

1

IO41/2

9%
*76

21%

29

21 % Mar

10

*104

91%

15

35% Dec

21%

9%

5

10% Sep

39% Jun

21 %

9%

:—10

Tool

Chemical

29 % Dec

106

21%

10

Montana-Dakota Utilities Co.——5
Montana Power Co (The)
No par
Monterey Oil Co
—1

2
15% Mjy 24

12% Jan

No par

com

Mohawk Carpet Mills.
Mojud Co Inc

16

15% Jan

Light

preferred series A

tMissouri Pac

17

24% Feb

5

Mar 31

&

Missouri-Kan-Tex RR

.69% Mar 22

4

Power

Corp
Development Co—
Mississippi River Fuel Corp.

Apr 29

*104

76%

common

Mission

4

9%

104%

1

1st preferred—..—
IOO
$1.50 2nd conv preferred——25

$5.50

34% Mar 30

% Jan

*104

No par

Minneapolis-Moline Co

Apr 22

19 V* Mar 16
44% Jun
4

6

21%

1,300

preferred

4

3

21%

21%

9,400

$4

29

26

21%

22

68%

13

Jan

Jan

7,800

67%

105% Apr
11% Jan

jun

50

28%

68

5

27

24% Feb

28%

8,200

15%

110% Mar

4,400

29'/4

10 %

79% Mar 29

31

241%

28%

95%

95% Jan

104% May 18
16% Sep 15

29

*97/e

15

14

28%

67

Monarch

21% Sep

24%

29

21%

Mission

6

28

68%

4

27% Jan

29%

671/2

22% May 27

29

24%

68 'A

5

21% Dec

24%

67 'A

16% Jan

Dec

24%

67

1

27% Jan

36

24 %

66

70% Jun

15% Mar. 25
20% Mar 23

15

90

24%

28%

par

24

95

1

11

129%

24%

96

21

65% %4ar 19
18 % Apr 15

128%

24%

95

5

i

4,100

130

*128%

17,500

97%

11

17

311/4

9%

23% Feb

19

*30%

96%

21% Jan

20

9,600

31

130

9%

15

13

31

30%
130

99%

Feb

,

30%

30 »/2

97

21

40

85%

30%

10

4

4

io

130'/a

85%

301/4

98

Dec

18

130'/a

——10

:

85%

29%

9%

Sep
Sep

29 % Nov

Corp

132

84%

95%

Jan

25% Jun

30%

*30%
•130

85%
29%

Minn St Paul & S S Marie___No par

13

53s* Sep
1 Is* Sep

30%

5

IOO

Shares

84%
29%

.

Minneapolis-Honeywell Reg
1.50
Minn Min & Mfg common.—No par

15 %

17 V*

31%

common;

Minneapolis & St Louis Ry__No

22

79

86

29%

the Week

19

May

70V2 Aug
6
58% Jan 23
33% Dec 17

31

84 Va

28%

July 2

29

26

6% Mar 12

15

86

29%

Friday

July 1

10% Jan

78

10

15

85%
29 Va

Sales for

Thursday

99% Jun

9% Jan

21

Prod

June LO

—10

1st preferred

PRICES

Wednesday

June 29

4

55% Jan

5

Jun

Steel

HIGH SALE

Tuesday

Inc___ __10

Utilities

AND

Monday
June 28

Par

11

Jan

102

8%

24

26

Jan

Midland

3

Feb

71% Jan 12
19% May 26

31

57s* Sep
S33* Sep

20

STOCK

Petroleum

South

41% Mar 17

14

Dec

Nov

Middle

34% Mar 25
23% Mar 25

24H Oct

15% Sep

21% Jan

Mid-Continent

2

21% Dec

17

34% jun

% Mar 20

136

17

26% Jan 22

9

Nov

Feb

126% Jan

19% Jan 23

1

18% Nov

30

7
9

68% Nov 30

6

94% Jan

30% July
34% Jua

19 % Jan

27

Apr

90% Jun

20% Jun

8% Dec 31
53% Feb

65% Jan
26% Jan

Feb

YORK

LOW

EXCHANGE

9

46% Jan
139

NEW

Highest

31

27% Mar

7

21 % Oct

Lowest

66% Dec

9

29 % Dec

16 % Jan

Range Since Jan. 1

Monday, July 5, 1954

.

Continued—Pig* t

STOCKS

Year 11)53

.

.

14

26%
24%

14

40%

2,400
1,400

11,800
4,800

1,400

13,400
6,300

14

107%

1,300

41%

41

108

22%

24

3,800
2,400

5,600

107%

30

23%

22%

23

47

*45%

48

45%

*39

45%

400

40

*39

40%

40

40

300

*85%

39

86

*85%

86

35,700

N
74

Sep

15

28

Oct

Sep

99% Jan

34

Sep

24

•

15

46% May 26
15% Feb 19

National

Acme

National

Airlines

9

12% May
7
13% May 11
20% Jan
4

19

Jan

19

National

Automotive

28% Jun

2

National

Aviation

38

14

158% Jun

87

25% Mar 20

22

74% Mar 29
30

8

21 % Mar

14

16% Sep
19% Sep

2

36% Mar 25

15% Jan

6

11 %

36% Jan

42

7

National

Biscuit Co

Mar 19

174% Dec

10

14

Jan

8

4

172% Jan

Sep 14
61% July 22

13% Feb 26
60% Dec 24

13% Jan

18% Aug 18
11% Jan
5

4

10% Jan

9

Sep

2

15

11

Jan

Jun

Jun

180

Nashville Chatt & St Louis

25

1%

Apr 21

8

15% May

57% Jan

8

84

15% Apr

21

National

Cash

National

City

National

Container

4

13% Jun

25

20% Dec

2

19% Jan

5

23% Jun

25

21

17% Feb

18

20

17

56% Jun

10

19% Mar 27
66% Dec 14

12

62 % Feb

25

77

Dec

29

July

15% Jan

12% Jan

4

14

16% Sep

Jun

25

22

84

Dec

15

29% Apr

24

155% Jun

3

23% Jan

1

132

Apr

15

7

Feb

16% May

6

20 Va Jan

4

97 % Feb

Nov

6

20% Jan

8

93% Jan

5

38

4

38% Dec 31
173 % Nov
4

172

146

Jan
Jan

31% Jun
103% Jun

22

51% July

14

180 »/2

4

141% Jan

7

152% Apr

29

8 % Feb

15

11

37% Mar 19
32% Jan
6

21

5

Nov

9% Dec

20% Jan

4

25

May 21
May 24

26% Jan

11

32

Jun

May

$4.50

1

Linen

4 % Jan

2

10

Sep

4 %

7% Apr
12% Jan

14

Dec

28

10% Jun

10

13% Jan
105

Jan

5

27

31 % Jun

30

12% Jun

38

18

Jun

Feb

6% Feb

17

10% Jan

12

98 % July

33% Apr
134% Apr

4% Jan

4

11% Apr
5% Jun

11 % Jan

4

13

14

8

15

6

105

Jan

Jan

1

106

Jan

4 % %

4.20%

Feb

22

97

Nehi

13% Jan

4

15

Feb

11

100

Apr

30

40 % Jan

14

58

Jun

2

94

Mar

1

10% Sep

15

16% Jan 29

12

64

15

72 % Mar 23

Apr

12

67% Jan

5

75

34

Apr

4

34% May
20% Mar

May 11

Dec

30

23% Sep
171/b Sep

8

17

23% Mar 17

18% Dec

18% Jan

4

29

25% Jan 30

18% Jan

11

30

Jan .30

Sep

14

48Vo Jan

10

109% Mar

14% May
80

Sep

400

May

19% Jun

49% Dec

1

5

9

32% Apr
106% Jan

17% July 13

15% Mar

70

13

03

Jan

20

11

92

Feb

9

5

520

Jan

8

16

34

29

Feb

65% Feb

31% Sep 21
80% Jun 11

18
5

37% Mar 23
92

Jan

22

21
6
9

37% May 17
110% May
7
21% Jun

3

20

69

Mar

1

85% Jan

14

90

Jan

348
22

Apr

6

Mar 23

51

Apr
14% Apr

515

Jun

28
3

7.

60

4

2

18% May 28

Feb

91

Jun

28
7

10

28% Feb

2

27% Jan

28

4

80% Nov

10

82% Jan

25

87 % Jan

8

Jun

22

87

Jun

29

94% Nov

13

16-.

Sep

15

20% Jan

26

39% Dec

23

53% Jan

30

22% Jun

12

39% Jan

4

26

86

Jan

5

40% July
96% Feb

2

30% July

2

87

4

Mar 24

.92% Mar 11

Jan

92

Jan

7

100% Mar 30

100

Jun

25

17% Jan

6

102%i July 2
221/4 Apr 12
43% Feb 10

13%

11,000

801/4

80%

3,100

16%

16

4

52

Sep

11% Jun
78

14

84

16

Jan

14% Dec

Apr 24

87

5

16

Mar 19

100% Jun

18

109

Mar 12

89% Jun

19

101

Jan

9

12% Jun

15

18% Mar 17

8% Dec

29

14% Jan

16% Dec

30

24% Jan

18% Sep

18

25% Apr

34% Jun

10

94% Jun

12

83

Jun

100

39% Feb
106

12

93% Jan

May 18

97% Jun

12

Jan

13

9

Mar 23

Jun

8

89

Apr

6

43% Apr
111

64% Mar

13% Jan

4

15% Mar 24

85

4

Mar 25

Jan

105% May 11
99

16%

Jan

12

Jan

11

108% Feb

9

2
18

7% Jan

11

9% Feb

8

14% Jan

11

18% Jun

25

24% Jun

14

19% Mar

2

4

102% Jan

4

92% Jan

5

27

106 % Jan

6

43% May 25

Mar 23

19% Dec
14% Feb

24

26% Jan

4

18% Jan

20

21 % Jun

Sep 23

95% Jan

*or loocnote.




<0-

13%

13%

14

13%-

13%

17%

13%

17%

2,70o

17%

17 '/a

17%

17%

91%

17%

21,800

91%

91%

91%

91%

91%

29%

91%

311/8

1,000

30%

31%

103%

*103%

31%

103%

30,600

*103%

103%

50%

49%

50 %

49%

50'/a

49%

175%

*175%

29%

30

103%

31

31'A

*103%

51%

1751%

175%

150%

*149%

10%

10%

*10%

10%

10%

10%

*10%

10%

10%

400

22%

22%

10%

22%

22%

221%

22%

*22 'A

*31%

22%

31%

31%

1,400

31%

31%

31i/4

52

51%

51%

51%

51%

28%

28%

28%

28%

28%

32

31%

10

5

IOO
1

31%
*97

31%
124

1

Fibre

31%

30%

98%

98%

*98%

31%

32%

31%

31%

7,900

129%

*124

130

200

7%

26,400

128

*125

12%

12 Va

14%

'105%

106.%

34

5

14%

IOO
par

128

34%

12%

98

14%

127

5

7

6%

7

11%

128

11%

11%

4%

5

♦126
7

7 Va

11%
5

14%

14%

*14%

*105%

106%

*105%

106%

*105%

106%

34%

33%

34%

34%

34%

34%

34'%

*96

14%

98

14%
102

56%

14

14%

*72

73%

97

143/4
*98

56%
141/a
*72

97

14%
102
57

14%
73%

96%

15

56%

19

21%

35%

35%

par

New

Haven

York

&

Hartford Co_100

91%

515

*490

3.90%

65

*490

91%
520

33%

4,000

18%

18%

4,800

21%

47,100

35

34%

35%

10,800

110

110

*109%

110 »/2

2,300

19%

191%

3,600

19%

19%

64

65

*64

66

91%

*88

91%

*88

*500

515

*500

515

60

30

27%

27%

27%

27%

27%

27

59%

27%

59%

59%

59%

59

59%

59%

17%

59%

17%

5,300

17%

17%

17%

17%

17%

175/8

10,100

39

39

38%

39%

'38%

*92

93

395/8

92

40%

92

30%

30

30%,

84'A

*83

100

30

*82%
*89

89%

89

100

94%

94'A

95

100

*99%

100%

100

84'A
89

95%
100

39

40

92%

92%

92%

*92%

30

30%

30

30%

30%

*83

84%

*83

84%

89%

*89%

96%

*95%

89%
*951/2
*99'/2

100

92

*83

94

30%

3,900
20

12,900

841/4

*89%

92

200

97

*951/4

101

100

101 %

102%

360

*21%

22%

600

39%

39%

*24%

25%

97

80

21%

21%

40

40'A

40

39%

40

25

25

25

*24%

25%

25%

25

25%

lo

common

24

24%

23%

241/8

23%

24

23%

24

2?%

24

33%

12,900

32%

331/2

32%

33%

32%

33 Va

32%

33%

28,100

11

21,100

American Aviation
Northeast Capital Corp

1
1

33%
9%

10

*21%
40

.9%

22%
40%

21%
39%
*25

21%

21%

Central

Northern

Ry Co

10%

81%

42%

41%

42i/4

41%

42

'108'A

108%

108%

1081%

108%

108%

55%

55%

*81

85

*81

101/8

10%

11

*81

83

41%

42

5

8,600

1081/2

108 Va

108 Va

300

54%

54%

55%

53%

54%

53%

55»/4

28,200

14%

14%

15

14%

15

14 7/8

15

87%

11,500

88%

88%

88%

89

*88 %

89

440

1061/2

107%

*106%

107%

107 '/2

107%

102

*101

102

102

102%

200

27%

28%

8,300

9%

9%

3,900

88 Va

preferred

100

1106 »/4

108

*106V4

100

'100

102

*100%

1

27%

10
25

Norwich Pharmacal Co

9%

88i/a

28%

'101

26%

27%

9%

9

9%

18

18%

18

18%

23

common

preferred

100

42%

56

100

Inc

83

600

14% -15

preferred

preferred

10%
*81

9,900

41%

(Minn)—

Common

Northwest Airlines Inc

21%

108%

50

preferred

Northern Pacific Ry
Northern States Pwr Co.

10%
81%

41%

100

Natural Gas Co

84

10

100

Northern

Aircraft

38%

*92

11,600

25

2

Western

American Co

4.6%

65
*88

34%

33

21%

100

Ry
Adjustment preferred

$4.10

19%

4,300

28

preferred

Northrop

35%
110

18%

3,700

14%
73%

17%

1

4.10%
preferred
Nopco Chemical Co
&

109%

*72

27

IOO

preferred

$4.80

510

Electric & Gas Corp—

3.60%

$3.60

67

*88

18%

33%

90

14,500

59

series A

Shipbuilding Corp

preferred

51/2%

*65

91%

505

Niagara Mhk Pwr Corp com.No par
3.40%
preferred
IOO

Norfolk

66

50

Common

$3.75

65%

18%

32%

15

No par

Preferred 5%
New

34%
110

18%

*88

RR Co

35%
109

18%

32%

96'/4

600

1,800

58

14%
l

15

102

58

14%

73%

18%

32%

14%
*98

57%

14%
♦72

21

32%

96%

14%
102

19

32%

*14%

97

14%
*98

21%

No par

5,400

106%

12

18%

preferred

12

14%

14%

110

1,700

12

33%

.

12

21%

109%

1,200

5

*105%

12%

19

6% preferred series A
100
New York City Omnibus
Corp.No par
New York Dock common
No

11%

710

5

12%

21%

20

11%

5%

12%
14%

73%
32%

99

7

11%

18%

Common

10,70o

30%

98

32%

1

*32%

31%

31%

97

1

Brake

800

31%

6%

14%

6,700

28%

97

11%

*72

700

52S/8

32

4%

1

311%

52

28%

4

31%

6%

100

70

31

11%

...

*31

100

97

6%

common

175%
151

32

11%

14%

175%
151

31 %

X4%

1

176
151

151

97'%

1

Co

150

21

N Y

21,600

175%
150%

18%

& Harlem

511/2

176

149%

21%

Y

50%

103%

175%

18%

N

*103%

149%

1

21%

non-cum

31

103%

5

$5

13%

17%

l

49

13%

4,100
5,700
11,100

91%

1

& St Louis Co—

9

9% Jan

4

73

Jan

4

Ohio Edison Co common
4.40% preferred

110% Jan

29

4.56%

26

12

preferred

69

1

14

17%

com

preferred

4

15

13%

91%

Inc

—

Air

3.90%

54% Jan

8% Dec

77

No par

Central

7

6

16% Sep

74'/8

17»/4

;

7

108

57% Aug

74

91%

common

108% Apr
98% Apr

18

28

72

23

22%

28%

9%

9'/a

27%

28

9

9%

110

17%

17%

18

18

17%

17%

1,400

23

23%

23%

23%

23 Va

23%

1,400

43

6,300

o
38% Jan

2

104% Jun

10

4

103% Apr
29% Jun

9

10

23

1

104% Dec

49% Jun

Feb

1

19

53% July

2

106% Feb 25

23% Jun

71 %

13

July

81

38

107% Mar 31

72%

No par

4

2

721/8

No par

York

8% Jan

16

19%

72%

5

North

Jan

19%

71%

5

;

York

North

46% Jan

19%

72%

5

preferred.

York Chic

4

87

19%

71%

New
New

2

107% Nov

19%

1

19

6

19 »/a

Corp

41/4% preferred

351/4 Jun

6

191/4

Newport News Ship & Dry Dock

26% Apr
23% Jun

24

19

lOo

common

Newport Industries

4

July

19%

55

12

34% Sep

16,400

23

1.91/4

57

Jan

83

13 Va

1

56

Jan

103% Oct

12%
223/4

*98

20

11

9,200

13%

23%

102

20

8

16%

12%
22%

*96

23% Jun

Jan

16

13%
23

*98

16
23% Mar 24

15

16'A

12%
22%

100

22% Dec 21

14

161/8

131/4

23%

England Electric System
1
Jersey Pr & Lt Co 4% pfd—100
Newmont Mining Corp
10

19

Sep

16%

13
23

New

15

25

16

13%

23%

New

Jun

8

16 «/4

13%

23%

100

Corp

15% Sep

19

16

1

100

Vulcanized

N Y State

35% Apr

13%

80%

4% % preferred

29

31% Mar

75
79

5

15

Jan

24% Jun

Apr

Feb

13%

IOO

Co

3%% preferred

New

101% Jun
59% Oct

26

3

13%

79%

Newberry Co (J J) common_.No

14

25% Jan

20

13%
80

25

Corp..

Neisner Bros Inc

May 11

56

13

79%

No par

National Theatres

25

35 Va Apr

6

37% Aug 31

Jan

conv

National

5

Jan

137/e

common

Service

Natomas Co

31 % Mar

150

1,300

5

Supply (The) Pa
Tea

8

86

176%

♦

80 'A

preferred

National

7

22

*175%

51%

19

Mar 29

176%

*28%

1

19

7% Mar 31

6

93% Apr
2
14% Mar 30
92j/2 Jan
6

11

85

12

7

26

16% Apr
8
106
Mar 25

9

85% Jun

7% Mar
13% Feb

l

4

4

175%

52%

National

Jan

12,600

28%

National

22

Jan

177

28%

27

28% Jan

174%

52

Jan

32% Jun

90

26%
41%

174%

175

10

National

29

4

114

5,700

41%

174%

175

Steel Corp
Sugar Ref Co...

54% May 19

4

24% Jan

24

141/2

*26%

41%

22%

26% Jan

Nov

14%

26%

40%

32

5

91

14%

26%

41

22%

5

29% May 20
116% May 20

141/8

26%

40%

32

12

6

14%

26%

41%

No par

30% Jan

25

14%

26'A

No par

52 % Jan

21

14%

25%
40%

Shares

31% Jan

24% Jan

14

26

40%

National

26

104% Jan

14%

26

40%

Natl Malleable & Steel Cast

21

4

14

220

13%

preferred B

25 % Oct

Jan

1,700

79%

preferred A__

22% Sep
86 V2 Sep

46

1,900

13%

86

14

Lead1 Co common

National

43%

13%

*84%

79%

common

preferred

6%

9

42%

13%

13%

1951

Gypsum Co

1%

5

17

Co

pfd series of

National

1

43%

13%

1

Dairy Products

National

42%

13%

79%

Inc

National Department Stores
National Distillers Prod common

30

43%

X13 Va

No par

Register
Lines

conv

4%%

43'/8

141/e

1

preferred
Cylinder Gas Co

12

431/4

13%

10

National

20

87 % Jan

96

31

2514 Sep
40% Sep

6

5

22% May 26

9

20 V2 Dec

$1.25

85%

43

14%

10

Corp

National

2

99% Jan

29

17% Sep
85% Dec

8

Jun

85%

43%

14

100

May 11
17%'Jan 25

Sep

87

43 Va

5

common.

preferred A
Can

Aug 31

Fibres Inc

Corp

National

15

86 %i

1
1

5

19

100

Co..

30

Apr

May
Apr

7
5

20
Apr
1
23% May 24

12% Jan

8/% Jun

20
15

4.44%
Ohio

4%%

Natural

Corp

43

com

Gas

common

convertible

preferred

*106%

108

*106%

108

100

Oklahoma Gas & Elec Co
4%
preferred
Oliver

42%

"105

106

105%

106

No par

Co

Oklahoma

43

105

*95%

100

preferred

Oil

42%

100
100

62

10

29

105%

105%

105%

96i/4

96%

961/4

63%

58%

42%
'105'/4

43%
106

42%

43 Va

42%

106

106

105%

95

96

*95%

107

*107

108

107%

■105%

106%

*106

107

*106

107

250

62%

60 V2

61%

61

61%

61%

62%

16,700

291/4

29

29Va

29

96

107

96%

105%
96

107%

190
40

20

29%

29Va

20

*19%

19%

*19%

19%

19%

19%

19%

19%

19-%

19%

600

1.50

22%

22%

22%

22%

22%

221/z

22%

22%

221%

22%

1

10%

2,300

11%

10%

11 Va

10%

11

10%

10%

10%

11 Va

11,700

84%

83

84

83%

84

83%

100

♦84

29

•

83%

29%

*83

30

84

5,900

380

Number 5339

Volume 180

..

Chronicle

The Commercial and Financial

.

(71)

NEW YORK STOCK RECORD
Range for Previous
Lowest

Highest

Highest
26

14% Jan

15% Dec 28
46% Dec 21
42% Oct 21

4

9% Mar

20V4 Jun

Feb

28

20

Jan

84

44% Jan

11

58% July

37

Jan

13

84% Jun

30

22

28 Va Jun

30

83

6

Apr

29

79 y4 Oct

2

ll3/4 Feb

17

16% Oct

15

18

55 y4 Dec

21

50

16

81

Mar 12

11% Jun

18

16

Dec

Oct 28

88

Mar 10

38

2

8
4

Jan

87

13% Mar 11

Sep

69 y4 Jun

I

Monday
Par

Jan

11

16% Jan
70j/2 July

77y4 Jan

12

88

July

14% Jan 20

19

May 17

82

88

Mar 10

2

18%
53y4

2

18%
54y4

80V2
26%

81%
27%

85%
14"%

17%
53y4
81%
27

84

28

85%
14
66

85%

14
61%
84V2

84"%

HIGH

SALE

PRICES"

85%

84%
14y8

July 2

80

Jan

7

Pabco

18%

19%

57

58'/2

4,500

78%

80

75

76

3,100

25%
*"

26 V4

24%

25 %

69
85%

84

85%

..'

.

4%

34% Dec

21

7% Jan

11

10% Jun

16

Pacific Amer Fisheries Inc

3

33% Apr

28

38% Jun

28

Pacific

Mar

1st

16

73% Mar 26

57

May 17

62

Feb

10

Oct

15

57% Mar

44% May 17

50

Jun

25

25% Jun

16

30 y4 Feb

20

28% Jan

4

32% Apr

30

Pacific

34% Jun

10

Mar 17

39% Jan

4

44

Jun

17

Pacific

32% Nov

i

2

33% Feb

15

36% Apr

13

Pacific

2

Pacific

40

34% Dec

25

142%'Jan 22

4% Sep

15

22% Feb

8% Jan

4

14%

14'/a

1,800

68%

69

70 %

5,700

85 %

85 Va

38

7,100

28% Jun 30

17%

17%

4,700

86%

87'%

9% Jan

8

8% Jan

f

5

6% Jan

19

3% Jun

23

64% Oct
91

47% Jan

88% Mar 25

69 % Jan

98y2 Dec

1

May 13

97% Jan

30

43%

43%

43%

43%

43%

35'%

35%

35

35%

35

35%

10,300

30%

32%

29%

32%

31

37

47,900

100
100

123%

124%

145 %

145%

1

51/3

51/4

29%

30%

preferred

1

Packard

28

Apr

19
19

Panhandle East Pipe

4%

102 % Mar 19

Panhandle Oil
Paramount

Dec

30

34% Jan

21% May

10

,1

32%

Mar 30

7

30% Jan

4

37

Feb

10

May

25% Jun

21% Aug 10

23

27 y4 Aug 10

29 y4 Dec

14

28% Apr

7

26% Aug 27

29% Nov

30

27% Jun

24

65% Mar 19

81 y2 Dec

9

73% Jan

30% Sep

39 »/2 Mar 19

37% Jan

20% Nov

2

14

27

Jun

10

4iy2 Dec

Jun

2

107% Feb

37% Apr

28

101

3

105

Apr

29 % Mar

89 % Jun

47% Jun

30

47

19

May 26

106% May 11

4
18

109

Mar

Mar 18

107

Apr

104

16% Dec

23% Jan

29

52 y4 Jan

Sep

15

14% Apr

23

28% Sep

11

127

Sep

Sep

14

10% Jan

15

48

Sep

14% Dec
26

55

May 24

Pet Milk

Jan

30

101% Feb

9

107

6

18% Jan

4

May 19
May 27
11
11

Pfieer

4

40% Jun

32% Jan

4

39% May 26

% Jun

14

% Jun

24

20% Jun

24

25% Mar 17

23% Jan

11

26% Jun

3

99

Jun

1

111

Jan

5

106

86

Jun

24

99

Jan

2

94

108

Jan

101

Apr

Feb

26

103

Jan

11

107

Apr

7

108% Nov

12

107

Jan

11

110

8

28

88

29

55

88% Dec

29

101

Dec

30
27

29

Dec

98

Mar

44% Jan

6

83

Jun

23

95

Apr

8

5

86

Apr

27

90

Jan

11

23

29

29

Mar

15

69% Mar 25

4

53% Jan

Dec

30

Sep

21

19
May 18
37% Jan 14

<10% Jun

32
95

July 22

Jan

35

2

Jan

6

21

22% Mar 27

18% Dec

29

29% Jan

77

24

94

15
15

Sep

Feb

8

$4

59% Feb

3

21

153y4 Jun

11

165

Sep

6% Dec

18

6

Sep

3

Feb

6

58% Mar 16

3

13

29

July

162

Jan

169

52

Jun

Apr
Mar

59% Feb

4

31

9% Feb

15

21% Jan

5

12% Jan

18% May 27

Sep

21

73% Feb

27

60 % Jan

70% Jun

11

59% Dec

31

75

73% Jun

3

17% Sep

15

25% Mar 18

146

Jan

9

18

Sep

14

Apr
31% Jan

Sep

14

98

86

150

27
2

Jun

3

148% Feb

12

Pittsburgh Young & Ash pfd—100

18% Jan

8

27% Jun

16

Pittston

89 % Jan

11

146

24

Jan

29% Jun

22

May

35

17% Jan

29

14

19% Mar 23

conv

Plough

common

preferred

1
—100

29

29

Poor

16% Jan

19

26

7% May

7

39

7

34

May

68

Feb

Apr

9% Jan
38

& Co

4%%

87 /2

85 ft
9 7

80 /2

5

preferred.——No par

ft

-ft

10

38%
37 ft

3°%

87%
25/a
26 ft

16

17

88

Jun

30

20

9% Mar 31

11

Jan

20

Publicker Industries Inc com—

76% Dec

29

82% Jan

5

72% Mar 16

80

Jan

20

26% Jun

5

35% Dec

11

33% Jan

37

Jun

2

35% Jan

38% Apr

12

18

37% Dec

29

73

Jun

23

84% Nov

5

82% Jan

7

22

Jun

3

26

Jan

5

25% Jan

12

25

7

92% Mar
27

3

Mar 19

Sep

15

27% Oct

30

26% Jun

10

28% Jan

26

24 y8 Jun

22

27 V4 Jan

20

25% Jan

4

27% Apr

12

24% Jun

9

27% Feb

24

25% Jan

92

Jun

4

Jan

6

97% Jun

35% Sep

15

43% Jan

20

40% Jan

42% Sep

14

103

Jun

2

25% Aug 31
131% Jun

20% Sep

17

102

47

Jan

4

108

Apr

30% Mar

9

28

Jan

4

2

143

Jan

5

146% Feb

110% Jan

29

30% Mar 16
21

155% Apr

2

21% Jan 15

24% Apr 29

30% Juiy

19

29% Jan

6

22% Jan

18

79

Jan

2

76

2% Oct

15

4% Jan

6

5 % Dec

15

Feb

26

35% Dec

30

96

For footmie*




Nov

4

9

47% Mar 25

sp*

pac

til

11

Jan

4

2% Jan

28

4% Mar
90% Jan
37

Jan

1

1

81% Feb
6"% July

2
11

7% Jun

2
10

99% Ma,

29

40% Apr 27

2

of

Indiana—No par

100
25
25

*86%
25 /a

No par

27 %

Serv

Co

3%%

4.32%

Pub Serv El

& Gas

com

Pullman
Pure

5%

Oil

2" 7
27 %

preference com—No par
preferred
—100

100/2

No par

53 %

4.08%

25% Jan

Jun

Colorado

13

preferred
preferred
4.90% preferred

Public

6

15

Nov

Co of

$1.40 dlv

May 17
64% May 24

2

cum

2

55

64% Jan

68

3% Sep

103% Apr

109% Mar

21

86

29% July

■

28%

°

15% Jan

Public Serv

Inc

(The)

conv

12%

2b /4

preferred series A„50
Gamble
No par

71% Dec

$4.75

.

27 /«

conv

&

53%
13 ft 13 %
*155% 160
*164% 166
54% 55%
6%
6%
16 ,4 17 A
69% 10
70% 70%
22
22%
*145% 153
27% 27%
109% 110%

3°

Power Co

Electric

Potomac

59% July 1
9% Dec 31

29% Jun

27 %

*12^

No par
10
(Del )_1

Procter

18

85

39%
97
61%

26 /4
ib_
13 2
3 7

class B

Pressed Steel Car Co Inc com

5
28

Jan

32

32

500

155

155

1,700

156

154%

156

common

preferred

*103

42

41%

41%

15

i'5%

15'/a

15%-

52%

52'%

52%

52'%

No par

55-%

100

*108%

9%
37%

27 %

28
100 %
54%
57%
109 %

Quaker Oats Co (The) com
5
6%
preferred
~100
Quaker St.ate Oil Refining Corp—10

2°% 30
151% 151%
23% 23%

Radio Corp of America com—No par
$3.50 1st preferred
No par
RKO Pictures Corp
—1
RKO Theatres Corp
1
Ralston Purina Co 3%% pfd
100
Raybestqs-Manhattun
No car

*77%
6%
6%
94
42 %

29%

30
78%
6%
6%
94 V»
42%

16'/a

37,100

49%

4,000

17%

8,500

43%

600

15%

15%

33,700

52%

52%

1,200

*42

*103

106

*103

106

*103

106

155

155

155

106

21%

22

21%

21%

21%

21%

21 %

21%

11%

12

11%

12

12

12

11%

12

*25%

1

Pond

17 % Apr

17

32%

25%

5
5

Inc

Plymouth Oil Co
Creek Pocahontas

Jan

14 % Jan

11% May

May

(The)

Co

5%%

24

3

34% Apr
46% Feb

13

8

23% May 14

2

23

8

5

16

14

15

19% Jan

28

13% Oct
Jun

11

12% Feb

23% Sep
30% Dec

7% Sep

62% Jan

preferred class A
100
5%% 1st series prior pfd—100
Pittsburgh & West Virginia
100
5%

110% Jun

12% Jan

34% Jan

7% Mar 22

10% Feb

July 30

10% Sep 15

16

6% Jan

48%

17%

32%

*25%

52%

1

Pittsburgh Forgings Co
1
& Chic Ry com__100
7%
guaranteed preferred——100
Pittsburgh Plate Glass Co
_10
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com
No par

5

49

17%

32%

36%

27

100

Pitts Ft Wayne

15

48%

17'%

40%

60
*10%
11%
43
43%
*101
103%

25

Pitts Consolidation Coal Co

15% May 10
160

48%

17%

32%

36%

I7 /«

$4.80

32%

48%

32%

17%

36%

83%
81

19

16%

48%
17%

48

39%

*81

320

105

16

36"%

*37%
*96

100
No par
100
No par

107 %

*104'%

3,700

16%

32i/4

r A,(
372
*25% 25%
'
109
109
96% 96%
*104% 105
103% 109
8%
8%
33%
34
93% 94
37"% 38%
*84
85

106%

105 %

41%

16

102i/2
40%

36%

100

108

41%

106

106

4,800

44%

*106

41%

*104%

3,500

46%

16'/a

30 %

*81%
*79%

Apr

12% Sep

Mar 20

1
3

RR

L

105'%

89

16

100%

preferred—No par
preferred (conv)
No par

$5

60

26

100

convertible

19

85

Inc
St

&

106%

106

87%
*43

108

41%

41%

*104'%

11%
11%
30%
31%
101
102
39% 40

Pitts Coke & Chem Co com__No par

8

Apr

53% Jun

4

42% Mar
155

22% Mar
86

*103
106
21%
22%

100
5

*105
1"%

C

105 %

16

53 %

No par
2

preferred
C

106%

41%

15%

Hosiery

Pitney-Bowes

30% May 12

23

Jan

11% Jan

16% Mar 18

148% Apr

Jun

77% Jan

7

162

44

17%

Jan

97

11

41%

230

45%

44%

*106

108

52%

Pillsbury Mills Inc common

29

47

*43

14%

5

Phoenix

2

80

5

;

3

Pitts

17

preferred

13% Mar

Jan

88%

47

44%

52

& Iron

45% July

106% May 22

Jan

Coal

4

103

87

47%

15%

100
100
100

preferred
Phillips Petroleum

67% May 27

87%

46%
*43

51 %

-100

5%

2

28%

15%

No par

12

100 % Jan

106% May 22

97% Apr

28%

*28

42

common

series

3.9%

106

*104%

*27%

28%

*106

108

41%

28%

*28

42

(conv)

Phillips Jones Corp com

1

5

93% Feb

10

39% July

9

43%

*27%

28

42

rights

Corp

46%

43%

60

24'%

28%

42 %

3%% preferred series A
100
Philip Morris & Co Ltd common—5
4%
preferred
100

July

94

2

88

45%

45

*106

24%

28

42

Philco

35

7

86

45%

32 %
32%
*155
156%

.100

*35

87%

89 %

105% 106

3

17

Jan

*27%

28%

No par

preference com

Reading

&

28%

*27%

3%

25

*104% 105%
16%
16 %
48
48%
17%
17%

2

Feb

34% July

23

Jan

101

Phila

*24

*28
.

*106
108
41%
41%

50
10
10
5
.100

preferred
preferred

4.3%
4.68%

5

83

Mar 13

conv

25

45%

100

4.4% preferred
3.8% preferred

28

28

98% Jan

18% Jan

$1

*24

28

*43%

,

25

88%

7
1

com

"

*24

28

Corp
12.50
Co common—No par

Electric

Common

27

5

Nov

Jan

10% Jan

3

27

36% Jan

80
Apr
41% Dec

7% May

Phila

2

May

18% Jan

11

25
28%

5

preferred

2nd

Phelps-Dodge

29

113% Mar 29

5

May 28

8% Sep 21
26% Nov 27

41% Sep

1,300

25
*27%

& Co Inc com—-—1

(Chas)

4%

112% Mar 30

29

30% Jan

29

35%

Pfeiffer Brewing Co

Feb

100% Jun

76% Dec

35%

America

38

5

Dec

preferred
Corp of

15% Jan

2

Jan

35%

3'%

33%c

20

19

19

35

Co

20

43% Feb

48% Sep

35

RR
Salt Mfg Co

30% Jun

108% Jan

1

35%

Corp

11% Apr

20

32% Jan

92% Jun

34%

_100

19% Mar 25

16

87

351/2

preferred

34% Oct

10

600

351/3

Co common_:

4%%

21

July

1,900

38%

No par
25
—25
25
—No par

Corp

Petroleum

24 %

29% Sep

96% Jun

12 %

3 8'/a

Pepsi-Cola

11

28% Jun

104

12

38%

16% Mar 12

4

Feb

18

11%

38%

45% May 21

105

91% Jun

11%

Peoples Drug Stores Inc.—
Peoples Gas Light & Coke
Peoria & Eastern Ry Co

46

30

3,500

11%

38%

15

13% Jan

July 28

3%

11%

*38'/8

32% Jan

28

21 y2 Mar

3%

11%
38%

Mar 18

Dec

15

3%

11%
38%

Penn-Texas

Pennsylvania

15% May 21

8

17% Sep

3%
11%
38%

3%

3%

100

3%
11%

Light com—No par

series

Pennsylvania

*39

38 %

100

&

15

27%

5
25

preferred

49

38% Aug 21
99

Sand

Power

4.40%

17

*26

No par

Co common
prior preferred

May 21

156 % Jun

8,600

39%

800

16

4

31%

*39

5,000

18 % Jun

Mar 26

300

31

39%

4%

18% Feb

33

27%

31%

7%

50

134% Jan

22

Dec

27%

30%

4%

5

31

*26%

7%

2

Mar

11% Jan

32% May 27
148% Mar 16

15

28

5

*26

4,100

4%

41

5

10

32,800

32%

7%

15"% Mar 25

29

40% Dec

26

100

8

7%
32

4%

preferred

4%%

4

19

26

7%
32

*7%

Glass

Penn

7%

31%

4%

preferred

5%

42% Mar 22

13

7%
32%

6,700

7'%

conv

Penna

7%
31%

300

75%
102

4'%

preferred
preferred"
Penney (J C) Co —
Penn-Dixie' Cement Corp

m

4

7%

32%

58

74%
102

7'%

$1.30

4

7%

31%

70,600

4%
3%

$1.32

5
29

35% Jan

35% Mar 18

10

$1

8%

44,300

*57

75%
102

32%

100

3%

11%

7%

Peninsular Telep common

24

58

74%
*101

102

9%

3%

4

1

Mines

Penick & Ford

29% Jan

106% Feb

30% Jun

Parmelee

35

3

*57

75%

74

102

*9

11%

3%
12

7%

Co—
Co

Peabody Coal

11

74%
102

3%
11%

59

*57

59

73'/a

12

7%

21

Dec

11%

4%

Patino

38% Dec

59

*9

3%

3'%

12%

11%

*101

9

9

3%

7%

23

32

9%

4%

8

7% Feb

5

16,000

Transportation
_No par
& Enterprises
_5

7% Apr

15

29%

40

17

Jan

28%

28% v
9%

31%

3% Mar 12

27% Sep

28%

*39'%

6% Feb

34

28%

x30%

9

5%

28%

40

5

3

29%

1,190

31%

8 % Apr

25

8,600

26

8y8 Jan

25

150

5%

30%

16

Feb

1461/4

5%

26

15

3% Jan

146%

5%

:

*39%

Rust

6% Sep

39

145%

5'/a

3%

75

Proof

12% Jan

145%

5%

39%

&

Parker

26

144%

5'%

31%

Parke Davis

2"% Apr

144%

5%

39%

29

40% Jun

10% May 11

145%

30%

37% Jan

15

7

124%

2.50

Park

22

8

124%

No par

16

30% Jun

35% Jan

Jan

124%

*9

102

Corp

124%

28%

60

733/4

Distillers Corp

Tilford

27 % Jun

7

30

Jan

60

124'%

5%

12%

*101
7%

_1

Corp

39% Jan

&

11%

100
—1

Pictures

44% Jan

6

'

124

*144%

33/3

L com__No par

preferred

17

18

31/4

124%

124

91/3

*9

Airways Inc
1
Pan-American Petrol & Transp—5

33% Jun

<

10
No par

Car

Motor

Amer World

Pan

30 y2 Jun

;•!

Corp

preferred

4%

4

Consolidated

Tin

14

22

15,600

43'%

8% Apr

20

4,100

32%

33 % Jun

2% Dec

10

30

31%

43%

Jan

10% Oct

50

31%

•35%

26 % Jan

4% Sep

62

*48%

31

31%

30% Mar 27
7

*58%

50

30%

35

10

i

62

30%

43 %

15

23

*58%
*48%

30 %

32

15

6

36%

35%

5% Sep

2

*36

43%

24% Sep

Apr

36'%

50

*48%

30 %

,

400

540

*36

37'%

Pacific Western Oil Corp common_4

Feb

63

9%

30%

*48%

30

*9

.

62

*58%

50

9

34%

.

Corp

12 % Jun

4

60

50
30%

'

,

31 %

Electric

&

Mills

84% Apr

9% Jan

52% May 25

2

Mar

33

26

11% Feb

14

60

62

9"

9%'

36%

36%

30 %

50

*9' • ■

36

38%

*60

10
25

:'

9%

86%

431/3

6%

4% Jun

16
28

9%

*85

No par

Gas

Lighting

Pacific

14
37% Mar 16

3% Dec

36%

No par
No par

Corp

9%

'

'1*7%

17%

86%

*85

90

85%

14%

68%

—No par

22

5% Apr

8% Apr
8y4 Sep

Jun

147

Finance

Pacific Telep & Teleg com

126% May 18

4% May 18

28

47% Mar 31

20

13

137% Jan

22

129% Jun

12

114% Jan

119% Mar 10

110% Sep

July

37

Jan

23

Mar 17

30

25

22% Nov

31

2nd

86%

11,000

84 %

17%

17%

17%

*85

*9

V

10

common—

preferred noncum
preferred noncum

55% Jun

2

Co

Coast

17

86%

17%

5

5

48

6

17%

*85

100

13% Jan

7% Oct

46

No par

com

preferred

conv

cum

*84

6,000

4i4 y8
•

it I:

Inc

Products

Shares

18%

55

P
11

the Week

55%

i8y4

84 V4
14'%

84%

Friday

July 1

18%
55%
84%
28V8

x68l/2

14y8
68
85%

Sales for

Thursday

Wednesday
June 30

18%
53%

18%
x52%
81%
27Va

65

*84

AND

Tuesday
June 29

June 28

Omnibus Corp (The)
5
Otis Elevator
_No par
Outboard Marine & Mfg
2.50
"When issued"
83%c
Outlet Co
No par
Overland Corp (The)
1
Owens-Corning Fiberglas Corp
5
Owens-Illinois Glass Co
12.50

7

23% Jun

37% Aug 31

LOW

NEW YORK STOCK
EXCHANGE

Range Since Jan. 1

Year 1953

Lowest

Continued—Page 9

STOCKS

31%

4,000

32%

31'/a

31%

105

105'%

104 %

104'%

1,280

40%

40

40%

40

40%

24,400

36%

36%

36%

36%

37%

25%

*25'%

25%

25%

25%

110

110%

110%

190

97

96%

96%

200

31%

32%
106

104

2,700

28,100

9,800
55,200

110

HO'%

*95%

97%

110

111

*110

*95%

*95%

97

300

120

105

105

105

105

*104

105

105

105

109

109

*108

109

♦108

108%

108%

108%

8%

33%
*92i%

8%

8%

8%

8%

8%

8%

34'%

33%

34%

34%

34%

34%

92%

92%

*93'%

94

94

94

*93

37%

X36

36%

84

84

*84

85%

*84

*81

84

*81

84

*37%

39%

*37%

39%

*96

97

*96

97

58%
*10%

60%

11%
103%

*101

27%

27%

59%

11%

*10%

101

101

27%
18

84

*82%

84

81%

*79%

81%

53%

60%

11%

*10'%

11%

44%

45%

27%

♦100

27%

17%

18

82%

82%

*79'%

81%

26,200
4,100
20

101 %

27 %

1,300

17%

3,500

13%

80%

13%

13%

50

84

*82

52%

53

53

53%

53

790

42
97

*105

17%

18

85%

42

59%

44%

18

17%
*79

52,200
200

59%

101%

27%

*81

*96

43%

*105

*81%

53%

84

44

27%

*105

*105

35%

*100

44%

110

34%
84

97

80%

100

52%

3,800

13%

1,100

*13%

13%

*155'%

160

155%

155%

155

155

*154%

158

*164%

166

*164%

165%

165

165

*163

165%

13'%

13%

55 %

55

6%

6%

56%

56

6%

17%

17

68%

17%

69%

*67%

56%

6%

6%

6%

22

16%

17%

*67%

69

17%

70%

70%

70%

22

22 %

*22%

22%

26%

26%

27

109

27%

27

*107%

27%
109

107

*17%

10

6%

2,400

17%

4,700
200

70

70%

600

22%

1,700

27

27%

8,300

109 %

*70

21%

200

*147

*147

147

6%

150

19,700

57

109

70

147

'

69

69

71

*146

56%

57%

22%

*70%

5,400

24,800

36 %

85%

39%
*96

60%

59

*10%
44

44

43

-i.

8%

84%

35%

37'%
*81

80
•

35

109

109

770

12%

12%

*12%

12%

12%

12%

12%

500

27%

27%'

27%

27%

27%'

27%

27%

27%

3,300

26%

26%

26%

26%

26%

26'%

26

26

16

16'%

15%

16

15%-

16

16%

16%

1,000

18%

18%

18%

18%

18%

18%

18%

18%

7,300

8%

,7,400

8%

8

85

9%
*76

36%
37%
*86%

25%

85%
9%

76%

8%

8%

8

*36

37

*36

*12%

88

9%
*76

85%
9%

9%

9%

37

6,600

86%

9%
*76

4,900

9%

10

76%

37

36%

37

36%

36%

36%

37

9,500

37%

37%

38

37%

38

7,400

86%

86%

87

87

60

26

2,600

37%

37%

87

86%

86%

25%

25%

25%

,

*25%

26

26%

*26%

26%

*26%

26%

*26%

27%

27'%

27%

27%

27%

27%

28%

28

28%

23

28%

100'%

100%

100 %

*99

100 %

*99%

53'%

54 %

54%

54%

53%

54'%

56%

56

56%

55%

108%

108%

30

8%
*36
86

86

76%

*76

76%

8%

36%

*36

37

86

600

30'/a

*108%

30

*150%

110

30 V8

151%

*108'%

27%

110

.29%

30%

30

30%

29%

30%

77%

78%

78%

78%

78%

79'-'

6%
7

6%

6%

6%

94

94

94

94

42

43

43%

43%

120

15,000

18,100

30
30%
151% 151%
23'/a
23 %

6'/a

17,700

56%

23%

6%

19,900

55%

*23

6%

.

%•

56%

-23 %

6'/a

29

100%
54%

151%

6%

27%

*99
54

23 %

S'/a

27%

28%

100

26%

54

•108 %

6%

25%
*26%

*93

94

43

44

♦108%

110

200

*150% 152
23
23%

3,800
260
1,400

30

30%

129,900

79%

79%

1,700

6%

6"%

80,800

6%

6%

19,300

29%

♦93

43%

30

94

43%

270

1,100

23

24

The Commercial and Financial Chronicle

(72)

.

.

Monday, July 5, 1954

.

■j

NEW YORK STOCK RECORD
STOCKS

-

Range for Previous
Year 1}>53

Lowest

NEW

Range Since Jan. 1

.

14

35% Jan

5

25% Jan

4

30% Dee

28

34% Jan

15

31% Jan

4

Sep

15

14% Mar 18

8% Jan

11

12

26 Vt Oct

9

33% Jan

8

26% Jan

13

29% May 24

41'A Feb

5

36% Feb

1

6

30% Jan

23

6

26

16

8

36% Dec

24

31% Dec

22

12 % Jan

6

16% Oct
12

Sep

Mar

36

29 % Nov

Feb

22% Mar 23

16% Jan

4

15% Jan

6

15

12% Apr

27

16

38% Jun
;

36% Apr

Rayonier

25
21

July

Jun
Jun

.

1

18 % Apr

4%

Sep

23

31% Feb

26

'4% May
24% July

9% Dec

18

14% Jan

19

8 J/4 May

54% Apr

29

62%Jun

1

56

13% Sep

21
14

2

14% Jan

97

23

93% Feb

Dec

25

7% Mar 20

23

Reed

27

Roller

Reeves

84
18

Sep

19% Feb

12

2% Sep

Republic

Corp.-—

3

Jan

5% Jun

9

Republic Pictures common..;

10% Jan

12% Jun

1

114

115% Mar 17

49

Dec

31

Apr

25

12

79 % Jun

30

5

107

Jan

8% July

4

33% July

10

2

Mar 16

78

July

2

88

Feb

10

5

Jan

46

95% July

2

104

Feb

25% Jan

12

33

Apr

29

48% Jan

11

29% Mar 18

22% Sep

14
14

Jan

5

Oct

9

26"% Dec

11

6% Apr

23

9% Dec

18

11% Dec

31

27% Mar

7

series

4.50%

series

Rheera

4

41

4

25% Jun

30

32

30

Jan

14

18% Jan

4

41

7

May 18
Jun

44% Mar

5

22% Jun

1

2^
29

21% Nov

9

24

149"% Dec

11

148

Jan

8

228

May 10

105

Jan

18

105

Mar 29

Jun

2

Dec

17

96

6% Sep

24

10% Jan

13

14% Dec

29

22% Jan

30

6% May 27
4
14% Jan

17% May

33% May 21

35% Jun

13% Feb

16% Mar

17% Mar 23

15

19

9% Feb

19

5
28
9

Inc

Rochester

*39

200

35

200

30%

18

17%

18

17%

18'/a

3,900

13%

13%

13%

13%

1,600

4%

*4%

5%

*4%

5 %

*4%

•

26' "

9%

>25%

"T*24%

25%'

>24%

9%

9%

9%

9%

4%
*25

9'A
*57

18%.

58

18%

58

*57

18%

18%

24%
,

*57

18%

A:

■*24%

9%

A

*9%

:'

58

100

9%

*57

l.oOJ

58

18%

18%

18%

18%

97

97

97

*96 %

97%

26%

26%

26%

26%

26%

27

26%

27

12.30J

32%

31%

32%

31%

32%

32

32%

31%

32%

22,200

*96

■

97

4%

11%

11%

58%

58

59

120%

120%

>121

*96

122

48%
6%
73 %

7%
35

49%.
6%
77

79

79

32%

32%

1/300
29,400

123%

*119%

48%

48%

6%

6%

78%

77%

122

6%

77%

"121

48%
79%

48%
6

77%

7%

7%

8%

33%

34%

9,930

6%

20,900

78

33%

8%
34

*42

46

*42

*77%

11,600
16,900

102,600

46

79%

78%

78

78

96%

95%

97%

1,1JU

32

96%

79

96

78%

96%

32%

32

32%

4,700

*10%

10%

10%

10%

10%

120

12%

12%

12%

12%

12

12%

35

200

49%
.

46

*42

32%

122

8'/a

34%

7%
34

97

31%

-29,200

58%

'

10%

53

,

11%

57%

6%

47

96%

5

11%

58%

48%

7%

*78 %

97%

4%

11%

57%

122

35%

*43

5%

4%

30

*11%

77%

7

34%

97

5

14.100

11%

11%

6%

6%

48

4%

*•;

:58% .58%

48%

47

75

7%

35%

*43

4%

4%

•

10%

300

51%

53

23%

23%

100

10%

10%

10%

2,100

12

12%

12

"12%

4,100

36%

36%

52%

52

<

*35%

7,200

3 5'/a

34%

35%

35

36%

23%

24%

23%

24%

25%

25%

24%

25

25%

25%

24,100

29%

50
_25

29%

29%

31%

31

32

31

31

31

31%

3,700

42%

Corp___No par«

20%

5

213

43%
20%

*101

102%

7%

42%

43%

7%

20 %

43%

20%

214%

215

216%

*101

>

19%

*208

43%

*101

102%

*101%

102%

7%

7%

15%

16%

15%

16

16'/a

16%

35%

35%

35%

35%

35

35%

——5

14%

14%

*14%

14%

14%

7% .;

14%

35%

35%

14%

14%

43%

1,700

19%

22,3U0

214%

*101

i

700

102%

7%

7%

.16%

16
<

1,800

19%

215

7%

36

214%

19%

19%

20%

103 %

7%

43%

43%

43%

214

214

1
1

(Jacob)

100

25%-/

96

Mines—.—

Co

5 %

26%

23%

——

(The)

40

35

*29%

13%

new——_„_1

Typewriter

Ruppert

40

*23%

———

Co

30%

32%

& Axle

Spring

Ronson Corp

Royal

35

*29

23%

Rohm & Haas Co common——20
4% preferred series A..——100

Ruberoid

*39

*34%

'52%

common

El

&

Gas

Rockwell

40

34%
30 %

*29

1,500

17%

11%

—100
100

preferred

conv

28%

13%

4%

Roberstshaw-Fulton Controls corn—1

5%%

28

13,6 JO

.

„

11%

1

preferred series A

4.50%

23%

32%

21% May

12

28%

/

52%

Robbins

Jan

28%

*23%

14% Mar

17% Jan

66,000

53%

3

24

12

23%

9% May

3

11%

51%

3

14

11%

*23%

Roan Antelope Copper

21% Mar

10%

23%

10% May 13

25% Aug
43 % Dec

1,500

11%

34%

58 %

Co_—1

Corp

Mills

36

52%

7

5

36

*23%

7% Jan

Oil

36

—No par

Ritter Company

Mar 22

36

—__—No par

Manufacturing

Richfield

27

May

18% Dec

11% Dec

3.60%

Preferred

59% May 21

20

35% Jun

92

Preferred

t

36

31%

corn—No par

44% Mar 10

29

Apr

Co

3

65

15

115

Metals

37%

*39

•

18

13

37

96

No par

com

5%

58

18%

conv

Reynolds

17%
13

r

Shares

37%

24

Reynolds (R J) Tob class B
10
Common
————10

5

43% Sep

Corp

Steel

Reynolds Spring Co———

1

40% May .18
48% Mar
4

5

90% Jan

5

14

*57

prior pfd series A—100
Revere Copper & Brass
No par
Rexall Drug Inc——3—2.50
6%

5

7% Jan

51% Jan

58% July 21

Aug

50

22

9% Mar 20

21
22

24

Republic

May 27

Jun

6

16

Jan

56

4% Sep

123

Mar

37% Feb

22

36% Dec

18

60% Jun

47% Jan

preferred

convertible

$1

v

*9%

50c
10

3

52 % Mar 17

14

*25

1

—

Aviation

13

*4 %

1

2

30

16% Sep

Inc

18

13

50c

34% Jun

6% Apr

22% Oct

—

Jan

11% Jun
-

17%

preferred —————25

Motors

39

the Week

■

July g

37%

28

30%

22

42% Oct

26% Dec

$4.50

39

Friday

July 4

37%

10%

35

Mar 18

7

22

Remington-Rand common

Mar 26

28%

*34%

Reo

13

98% Dec

19% May 24
100

28 %

*29

5
100

series

pfd 3%%

28%

30%

6

5% Feb

80% Jun

Conv

59% Jan 20

May 13

11%

Sales for

/

Co common

Mfg

10%

37%

*35%

35

prior preference——10
Stores Corp_l"—
No par

Reliance

11%

28%

div

Reliable

36

39

Apr

31% Apr

48

8

12

35%

*31%

28

4% May 18

10

42% Sep

Jan

10% Jan

36

39

'«

June 80

37%

11

-50c

Co—

37%

*29

Jan

27

14
14

108% Jun

29

$1.25

<fc

38

36

Co,--——No par

Inc

Bros

(Robt)

'

50
5

19

17

9% Sep
40% Sep

1

7

/

Bit

June 29

50

preferred
Mills

2nd

Hosiery

23"% May 25

Aug 14

19% Jan

Jan

5% Mar 19

3

—

J

Tuesday

37%

25
-5
50

—

Co

noncum

Silk

Reis
4

-

Co common
4% noncum 1st preferred

Real

19

Jan

1

Reading

7

32

14

Monday
June 28

Par

common—

preferred
Raytheon Mfg

2

35

Inc

$2

39% May 14
•

STOCK

YORK

EXCHANGE

Highest

Lowest

Highest

~

SALE PRICES
Wednesday
Thursday

LOW AND HIGH

_

Sep

22

'i

■

%

Continued—Page 10

7%

16%

2,900

16%

2,300

35% ,35%

:
.

2,400

14 %

2,000

14%

..

S

40% Dec

12

Jun

38% Jan

18

93% Nov

23

32% Jan
81

9

43 % Jan

7

30% Oct

28

46% May 13
96% F=-b 11

88% Jan

14

107% July

2

31% Jan

5

4

103 % Jun

.

—

11

41% Jun

2

22% Apr

20

16% Jun

29

19% Nov

24

18% Jan

14

Dec

29

33% Jan

30

23 % Jan

4

27 % May 25

2

62 % Jan

22

Feb

Sep

14

8

70

211

Sep

15

312

Jan

5

211

Apr

5

280

May 24

150

May 26

160

Sep

14

123

Apr

9

150

May 14

20% Jan

12

61

77% Feb

23% Mar 25

15

17% Sep

9-

91% Sep

96

1

10% Dec

15

Sep

11

Sep

54

Jan

85% Jun
98

Jun

28

17

15

21
18

24% Dec

30

20%

25%

25%

5%

Scott

26

2

Feb

3
3

29

36% Sep

14

45% July 31

21% Sep

15

26

Dec

8

103% Nov

9

Aug 13

Jun

4

25% Jan
.

4

29% May 26

85% Feb

8

89% Mar 23

102% Jan

15

17'A Jan

5

107

Mar

20% Apr

2

2
1

Seaboard

Air

27% Jun

30

Seaboard

Finance

102

Jan

5

106% Mar

85% Jan

8

130% May 24

57 % Mar 16

20% Sep
8% Sep

11

26% Mar 27

21% Jan

Jan

7

12

9

28

July

2

12% Mar 12

7% Jun

4

10% Feb

3

14% Feb

26

7% Jun

9

9 % Jan

13

60'A Oct

27

80

Apr

14

54% Jun

14

69% Jan

26

3

4

51% Apr

8

4

37% Mar 11

8

Dec

29

24% Dec

22

11% Mar 25

27% May
8% Jan

4

26% Feb

25% Jan

4

29 % ^eb

5

45% July

2

51% Apr

29

6

15% Jan

5

6

17% Jan

7

Mar 15

100

.

9% Jan

18% July

10% Jun

15

2

Shattuck

Sheller

Mfg

20

29% Jan

4

37

May 10

Simmons

43% Mar 20

36'A Jan

6

39

Feb

Simonds

30% Sep

11

43% Mar 20

32 % Jan

4

44% May 25

Sinclair

33% Oct

14

42

Aug

5

35 % Jan

4

50% Mar 29

23% Sep

29

37

Jan

8

25% Jan

5

38% Jun

4

Smith

Dec

22

17% Feb

27

6

9 % Feb

9

Smith

1

11%

11%

11%

18

18

18%

18%

18%

18

13%

13%

13%

13%

13%

28%

87%

86

87 %

103%

*20%

20%

*77%

80

*90%

92

20%

97%

12

97%

98 %

*92

*86%

2,500
17,700

13 %

9,900

98

8,200

93

*103%

104%

20

28%

28%

28%

"28%

2,700

*86%

87 %

*86 %

87%

130

103%

103%

*103

*20%

20%

*77'/a

80

20%
*77%

20%

103%

210

*20

20%

200

*77%

103 %

*103

80

?

80

57%

5,000

27 %

26%

27

6,900

105

104

104 %

*104'A

105

108%

110%

108%

109%

109%

111%

1.900

*15%

15%

200

14,400

56 %

57

56%

26%

27

27

57

27%

106%

104%

*104%

113

110

112%

56%
26%

56%

56%

15%

*15%

15%

64%

64 %

64%

65%

64%

64%

64%

64%

64%

65%

27%

27%

28

25%
*8

26%

8

7

1

7%

7'A

54%

55%

_»_1

46%

No par

29%

Gas

G)

26%

8%

8%

27%

8

8

7%

7%

7%

7

7%

54%

.

54%

♦53%

54%

54%

54%

47

48

8,400

29%

29%

5,900

55 %

47

46%

47 %

46%

47%

46%

47

30%,

30'A

30%

30%

30%

30

30

8%

8%

8%

26

25%

25%

*25%

47 %

47%

46%

47%

46%

1

18%

50c

x9%
34%

No par-

*36%

No par

40%

42%

39%

41%

45%

45%

43%

45%

38

37%

38

:

Steel

&

Corp

O)

Corp

10

x38

18%

18%

9%

34%

34%

37%

37%

37:%

9%

8%
26
47 %

18%

18 %

18%

9%

35

1,300

8

7%

*54%

8%'

6,500

7%

26

America

of

27%

110

8

8

___l

._No par
Co__

27%

26%

8

7%

20

104 %

*103

28%

80 I

104%

4

400

18'A
;

*15%

1

70

3,600

12%

11%

92

92

28,900

87%

28%.

20%

25

Saw

92

104%

*103

103% .103%
*77%

99%

97%

28%

87%

13%

13%

100%

28%

No par

Pen

Corp

(A

12

15%

;25

15%

5

Co

Oil

11%

100

15%
*24%

27%

*15%

Skelly Oil Co

.

Jan

100

15%

24%

No par

Sheraton

34

„

100%

30

165

15%

Corp

25

15
30

*99%

255

27

15 %

.7.50

Dec

35

*135

27%

15%

Co

28% Sep

*246

165

No par

Co_—

&

(W A)

Oil

245 %

26%

24%

28

112 %

99%

.

15%

103%

27

CorpJ

(Frank

Sheaffer
Shell

99%

27%

245%
*135

25

103%

103

67%

15 %

*90%

—No par

&

Oil

Steel

67%

2,000

25

98%

99

56%

common

Shamrock

19,500

67%

15%

92%

56%

preferred

Sharon

900

26%

67%

26%

99 %

103%

26%

Refrigerator Co
Seiberling Rubber Co
$4.50

20%

25%

67%

66

27%

*90%

*104%

Seeger

Inc

20%

25%

—5

Roebuck

Servel

65%

*102%

40

Co
common

Co

Sears

95%

13%

preferred-No par

fund

Oil

18

1

Co

Seagrave Corp

2

15

Jan

sink

$5.75

Seaboard

com—,—5

—:

Line RR

65% July

13

40

preferred

18% May 24

Oct

43% Mar 16

3.35%

20%

25%

25 %

15 %
*25

—

(The)

Co

58% Jun

13

42% Dec

Elec

4

17% Mar 24

15

conv

4

62% Dec

18

4.30%
Scranton

Jan

19

11%

13(4

common

Jan

Feb

par

25
—100
preferred.——100

Co

preferred

42

17

Sep

M'fg

3.65%

£24

29

35% Sep

Scovill

*20%

17%

11%

~—No par

1„——,_No

14

56% Apr

32

preferred

*99

15%
25%

17%

No par

Paper Co common

$3.40

$4 preferred

99

15%

-15c

Corp

98 %

25

Corp—.
—5
Industries Inc—_—1.40

Jan

81

*

Arms

74

12% Dec

3

95

20%
26%

165

Savage

105

20%
25 C4

265

1

29

8

3,600

*135

20

Feb

May 26
Jan

39%

*245%

12% Jun

100% Jun

89
102

38%

165

22% Jan

4

6

38%

265

5

69% Jan

9

25

38%

65%

8

Schering

38%

*135

15"% Apr

19

280

2,900

*245 %

.

9,600

92%
107%

67

26%

46%

91%'
106%

165
27

46

91%

106%

263

26%

46%

91%
106%

255

'26% Mar

Schenley

45%

45%
91%.
106

*135

preferred,.—_—100
St Regis Paper Co common——5
1st pfd 4.40% series A__
.,100
San Diego Gas & Electric Co——10
Sangamo Electric Co
—10

27% May 18
100
May 26

65%

45%

45%

Ry Co—100

Southwestern

14% Feb

Feb

Co common__No par
series A 5% -——100

noncum

11% Jan

Mar 23

3

10

common—..

F Ry

Preferred
St Louis

4

17% Dec

15

20%

25%

4

79% Jan

13% Sep

20%

25%

28

15

7

*20%

St L San

Jan

31% Jan 12

90

38%

11

10

6

39 %

17% Apr

19

Oct

38 %

6

Jun

99% Aug 24

39%

6

Jan

15'/a Jun

72

38%

Feb

86% Feb
110

105%

24

68 % Jun

98

90%

105%

93% Jan

91% Jan
105

29

81% Jun

■

91%

105%

13

70% Dec

16
..

4

45%

*90%

105%

Stores

preferred
—
conv
preferred

12

15% Mar

22

20

27

45%

91%

105%

4%

4.30%

Jan

14% May

14

Sep

44%
*90%

.

Nov

_

21

15

_5

10
100
St Joseph Lead Co_——
——10
St Joseph Light & Fower—No par

Safeway

•

8%

*25%

.

,

8%

8%

26

25%

8%
26

18,400
600

1,000
400

46%

46

18%

145%

46%

15,400

18%

18%

18 %

9,300

9%

5,500

9%

9%

9%

9%

9%

34%

34%

34%

34%

35

35 %

38

37%

37^4

33

38

40%

41

40

40%

40

40%

35,400

43%

44%

43%

43%

43%

44 %

9,700

37%

37%

.37

37'A

37

37%

2,000

*37

1,800
500

'

.'

8

38% Oct

21

58% Mar

42% Oct

15

70% Feb

Dec

8

13

21% Mar

14% Dec

30

18% Jun

30

18
14

37% Jan

Sep

14% Sep

6% May

4

35

Apr

25

40

May

6

13% Jan

(Alexander) Inc

23

41

May 24

3%%

5

47

May 24

4.20%

12

17

July

2

1

15% Jan

4

20% May 21

5

35% Jan

4

45

21% Mar 20

15% Jan

4

21

140% Mar 13

% Apr 26
^

''

i.

■•

5

7%

8%

———100

preferred

38%

38 %

preferred

165

Apr

30

Jun

18

138% Feb

18

14

27

5% Jan

4

30

South

Amer

2

15

Mar 26

14% Jan

6

17% May 27

South

Carolina E &

Oct

1

53

May

49% Jan

8

54

1

32% Dec

31

53% Feb

5

40

Jan

13

Dec

16

33% Jun

9

13% Sep
22% Jun

15

33

4% Dec

11

6

28 % Feb

2

36% Jan

4

May 20

39% Jan

40

44

Oct

37

Jan

5

80

Jan

14

15% May 25

12% Jan

5

31

Feb

2

7% Mar 17

7% Mar 25
107

Dec

21

18

60% Dec

22

98% Feb

2

101% Dec

16

12% Sep

14

19% Jan

5

35% Sep
5% Sep

14

49% Mar 20

14

9% Mar 19

52% Dec

29

67% Mar 23

21% Aug 31

31% Jan

6

25
Sep 15
80% May
5
12% Dec 29

29% Mar 18
91

Feb

11

17% Jan

6

10% Sep

20% Mar 18

15

11

May 21
2
80% Oct

4% Dec 29
103

19 %

19%

19%

19 J/2

19%

19%

1,800

43 %

42%

43%

42%

43'A

43

43%

49,900

17%

17%

17%

17%

17%

18

pfd__ 100

Platinum
G

Co

Por footnotes

see




page 26.

4

Apr 22
4% Mar 16

95

May 18

55% Mar 31

58

Jun

28

45% July

1

87

7

Jun

14% Jun 16

South

com_4.50

15%

:__50

Indiana

Gas

Edison

25

)

!
&

Pacific

Co

(Del)

Southern Railway common
5% non-cum preferred

Mobile & Ohio stk

tr

71% Jun

29

Spencer Chemical Co

27

19% Jun

28

43% Jan

11

% Jan

4
4

61% Jan

7

24% Jan

11

37% Jun

29

28% Jan

5

86% Jan

4

6

12% May 17
12 % Jan 28

63

Apr 26
8% Jan 14

347/s May 7
92% Mar 30

14% Jan 27
13% Apr

14

Spiegel Inc
Conv

*51

*51

53%

174

*165

>165

172
7

6%

6%

6%

16%

16%

16 %

16%

53'A

*51%

33%

32%

32%

33,900

53%

*51

26,200

33%

33%

33%

53%
33%

33%

33%

32%

*36%

37%

36%

36%

36%

36%

36%

36%

37%

800

44%

X44 %

44%

43%

44%

43%

44%

43%

44%

17,900

16%

16%

16%

16%

16%

16%

17

16%

17

34,900

-

44

16%

*36

1,100

26%

26%

26%

26%

26%

26%

26%

30%

30

30%

29%

30%

30%

30%

6,100

42%

41%

42%

41%

42

41%

42%

26,500

55%

57%

57%

15,600

45

45%

No par
50

1

1
par
.1

58

44%

45%

14

4%

*4%
*80

6

70%

"101%

1

18%

1

60

2

pfd (stamped )_No par

Square D Co

57

*87

100

common

common

$4.50

16%

26%

4.60% preferred
Spencer Kellogg & Sons
Sperry Corp (The)

53% Jan

16

41%

No par

103% Jan

16%

29%

common—

4

7

16

26%

ctfs____100

$5.50 preferred

27

14

178

6%

43

Spear

Jan

101% Apr

17%
*166

30

13

Co

6%

29%

20

&

17%
183

26%

6% Apr

19

53%

6%

4?%

5% Jan
Jan

16

*173

7.50

No par

Spalding (A G) & Bros Inc
Sparks Withington Co
No

106

5

*51

„

6%

4,700

No par

Elec

Southern Natural Gas Co
South'n

175

6%

—

(The

h167

1

27
May 27
32% Apr 23
457/a Mar 5

25% May

Sep 11

11% Dec

19%

17

10

1,900

17%

5

24

17

42%

15% Jan

49% Mar 18

16%

19

2

27% Feb

16 J/2

44

16% Feb

Co

16%

19%

Southern California

33% Feb

21

&

preferred

Southern

150
220

16

*43%

43

17%

38% Mar 29
Mar 15

5,100

43

43%

44% Jun

28

39

43%

19%

11

34

*37%

8

38%

43

5

11

5

Mar 30

5%

7%
♦37%

45

16

Jan

29

73

18

16%

37% Jan

11

36% Sep

37% Jan

45

*16%

39% Mar 16

Jun

38

6

1

*43%

16%

South Porto Rico Sugar com.No
par
8% preferred
25

35% Dec

23

29% May

Mar

38

—15

Solvay American Corp 4%

7

Jun

47

44

16%

Co

Gold

7%

7%
38

8

1

Solar

4% Sep

7% Feb

7%
38%

43

100

Smith-Douglass Co IncJ
Socony Vacuum Oil Co Inc

Mar 23

Aircraft

7%
*38

No par

,

Smith-Corona Inc

11% Jan

121

common

7%

7%

90

14%
4%
5%
95

71%
103

*87

13%
4 J/2

*4%
*80

70%
*101'A

56

,

45%

90

*87

14

14

4%

'5%
95
71 J/2

103

4

14% 1
J/2

*4%
*80
70

*10lJ/2

19%

19%

19 J/4

60%

59

60%

60

7%

7%

45'/2
90

19

7%

57

7%

4'A
51/4
95

70%
103

19%
60%

7'A

45%

45'A

45%

*88

90

13%
*4%

*4%
'A

13%

13%

4%

41/2
5%
95

*80
70

56J/2

57%

56

*88

71 J/2

1

*4%
*80
71 »/g

45%

2,200

5,200

90

13%

5,400

43/g

800

51/8
95

71%

2,300

*101%

103

19

19J/4

18%

19

59%

60

60%

60%

8,000

7%

18,900

*101 J/2

7%

57

57

57 J/2

58

58

58

57%

103

7%
58

7%
58

58%

10,400

450

5

36%

37%

36%

37%

36%

37J/4

36J/2

371/4

37

373/8

7,000

No par

32%

33 %

33

33%

33

33%

33

33%

33

33%

15,900

$3.50 preferred
No par
Standard Coil Products Co. Inc
1
Standard Gas & Electric Co_No par

87%

Standard Brands Inc

1
com

140

88

88

88

13 %

13%

13

13

12%

13»/a

13

13

12 3/4

13

2,700

12%

12%

12%

121%

12%

12%

121/2

121/2

123/s

12%

3,700

87'/a

87

87 »A

*871/2

88 J/2

*87%

Number 5339

Volume 180

.

The Commercial and Financial Chronicle

.

.

(73)

NEW YORK STOCK RECORD
Range for Previous
Lowest

Highest

YORKK!tOCK

NEW

Range Since Jan. 1

Year 1953

Lowest

Par

June 28

Sep

21

59% Jan

52% Jan

64% May 21

Standard

Oil

of California—No par

65% Sep

15

81% Jan

68 % Jan

83% Apr

19

Standard

Oil

of Indiana

67

Sep

15

78% Jan

71% Jan

90% Jun

2

Standard

Oil

of

New

Jersey

31

Sep

21

38% Jan

32% Jan

42 % May 12

Standard

Oil

of

Ohio

94

May 11

100% Jan

Jan

102% Mar 11

49 %

99

3%%

61%
79%

77%

78%

15

86%

87%

85%

: 87%

common—10

37%

38%

37%

100%
9 Vb
17%
50

*99%

No par

*99%
9
17%
49%

10

33%

34%

33%

34%

1

11 Ve

11%

11%

<11%

5
15

40V8
*93%
27%

40%
94%
27%

preferred series A
Ry Equip Mfg Co

8% Sep

17
5

47% Dec

10%

Dec~30

7

17% May 25

8

4

17% Jun

16

5

50% May 24

Starrett Co

5

36% May 24

Stauffer

11%

12% May 11

40% Feb

10% Feb

42% Feb

13% Mar 26

100

Standard

8% May 21

30% May

30

Jan

5

12% Feb

Sterchi Bros Stores Inc

17

1

42

Stanley Warner Corp

18

4

Dec

21

36 Vb Feb

Jun

24

94% Jan

14

91% Jan

7

97% Mar 31

Sterling Drug Inc common—,
3%%
preferred

25% Nov

23

(36% Jan

2

22 % Apr

30

30% PWb .15

Stevens

16% Sep

14

23% Feb

2

19% Feb

16

22

12% Dec

29

17% Feb

2

13% Jan

4

38

'

20% Dec

<
'

<9

21%.Jan

4

43% Feb

;2

14% Apr

28

Dec

14

30% Jan

11

"10% Mar 13

Dec

8% Jan

■A

23
10

38

8% Sep 29

99

v; 92
Oct 20
* -68% Na» 18
*

82% Jan

Vtfuly T

110

Feb

Jun

23

Jan

23

Sunbeam

Feb

vi

95

.7

76% Mar 15
Jun

118

Sep

14

21% Mar 25

16 Ve Jan

.4

20 % Apr

19

Sunray

23% Sep

30

24% Jan

26

24% Jan

11

25% Jun

:19% Sep

16

23% Mar 26

21 % Jan

.7

15

23

.4%%

23% May 10

5%%

5%%

20% Jun

66

Sep

17

7

Jan

4

635

22

80% Feb

Jan

8

29

660

May 12

11

19

10% Jan

15

6% Nov
520

28

71% Jan

73% Nov

2J.

Dec

74

<JUil

3

5

Jun

Sunshine

15

22% Jan

20

14% Jan

4

16% Apr

9

25

Jan

14

32

Nov

6

30% Jan

11

43 % Jun

24

100

113

111% Jan

11

152 J/4 Jun

24

Feb

26

18% Jan

,5

Jun

35% Jan

29% Sep,21

14^ Jan

4

,4

81% Jan

F*b

:

19

$4

preferred
pfd

13

91

14

116

24

.17% Nov

17

14% Jan

27

16% Aug 13
47% Mar 3

Jan

25

17% Apr

29

Telautograph

40% Jan

11

64 % Jun

30

Tennessee

■

14

58% Dec

18

'

14

July

2

15% Jan

39

5% Oct

6

23

101

Oct

6

165

Jan

103

Sep

15

138

Mar

37% Jan

10

48% Dec
123/8 Mar

6% Dec

18

Dec

30

13

17% Jan

-

353/4 Nov

42

17

Instruments

24

Texas

Pacific Coal>& Oil—X

4

Sub

22

Texas

&

9

56% Jun

30

Texas

Utilities Co

Textron

7

$1.25 conv preferred-

17% July

2

Thatcher Glass Mfg Go.

A

'

8 % Jan

22

6 3% Jun

11

Feb

27

Jun

>4

44

1% Jan

15

:'3% Aug

14% Mar 12

8% July

Jan

*7

4% July
10% Jan

.1

15

15

613/4 Mar 26

49% Jan

*4

70

Jun

24

;l

97% Jan

92 % Jan

7

100

Jun

22

1 % Feb

>1

:3y8 Jan

30

28

Co

•

4%

173/4 Jan

18

27% Mar 25

18% Jun

29

23% Apr

19

46% Jan

5

36% Jan

44

45% Jun

25

11% Jun

10

13% Mar 25

123/8 Jan

5

14% July

23 Vb Sep

14

293/b Mar 19

25% Feb

2

36% Jun

25

Transamerica Corp

123/4 Sep

14

20% Feb

25

13 Vb Jan

12

16% Jun

25

Trans

Dec

10

25

Feb

2

15 % Apr

19

17%Ja*x

11

Transue & Williams

153/a Jan

'4

22

Jun

29

17% Jan 27

24

112% Aug

7

Dec

29

20% Jan

30

•42% Jun

19

47% Feb

25

15% Dec

30

24% Jan

30

16% Jan >1

49

Sep

25

69% Jan

30

493/4 Jan

8

13V2 Jan

2

21 Vb Dec

28

18% Jun

"9

15

114% Feb
18 Vb Feb

.

$6 preferred
Coal

24

23

19

13

Apr

42

May 28

'

45% Mar

10

*9%

760 '

Conv 5%

May 27

22 % Mar

16% Mar

11% Jan

15

15

Jun

8

133/4 Jan

18

25

45

Jun

8

41% Jan

5

5% Dec

18

19% Mar 20

63A Jan

4

10% Sep

14

14% Feb

2

11% May

7

Film new
1
Twin City Rap Transit com—No par
5% conv prior preferred
—50

13 34 Mar 11

26

Dec

29

55% Jan

15

24

32% Mar 30

7

Dec

23

13 V* Jan

8

7% Jan

4

38% Sep

15

49% Mar 20

433/b Jan

8

47

9

Mar 15

9% Jun

50

series of 1952-

20th Century Fox

1

35% Sep

1

50
Tung-Sol Electric Co common—:*—l
;Preferred series A (conv)

19% Mar 30
56

common

Coach

Twin

30

Co—

1,000

10

1,000

200

10

*9%
>717

745

15%

*15%

42

43%

42%

423A

42%

149 f

'*149-

152

173/a
47

37%

363/4

37%

37%

37%

*87%

89 >-

*87%

89

112%

112%

112%

114

363/4

'89
111

,

5%

-

5%

5

'

,

88

..

15%

*14%

16 s/8

*16%

*16%

64%

63%

633%

Vz

66 y8

65%

65

66

10

64-

65%
95 VB

943/4

9%

9%

9%

9%

(

95%
9%

I,200
500

16 3/b

6,400

64
.

64

63%

95

66'%

6,300

15%

*14%

16 3/8

' 67%

230

4,600

5%

62%

*14%

27,600

116

5

16%

15

200

4,500

88%

115

5%

5

62 y4

•

260

17 3/B

463/4

"363/4

9%

'

149

17%

*17

463/4

65%

4,000

463/4

46 3/8

15

1,200

43%

149'

-■

100

16

46%

17%

46%

*16%

>68%

-47%

45%

V 45

45%

44 y4

.

46%

%

132

126

130

121

121

66%

24,400

65%

15,700

96

93/8

56

5,700

9%

9,700

>16%

16 Vb

*'•

16

125%

128

120%

121

121%

800

545/b

55

553/4

10,000

9%

/

16 %

>

9%

9%

16%

16%

16%

16%

16%

16 %

17%

45%

46 %

46%

46%

46%

46

9%

*8%

*8%

9

9

6%

6%

41%

*41%

3%

*8%
99 Vb
1%
23%
18%
44%
13%

19%
45%
13%

35%
16 %
16%
21V2

•

'

35%

•

4

3%

*8%

9
69
99 Vb
2
23%

68
-

42%

*3%

'9

*8%
68 %

69%

67%

*98%

*98%

100

6%
*413/4

3%

■3%

4

68 %

69%

993/4

100

500

7,000
350

9%

100

■•7%

2,500

42%
'

4

*8%

8%

*98%

10

2,300
100

9

683/4

68

68%
100

4%

100

6,900

70

1%

13/4

1%

1%

1%

13/8

1 %

24,300

24%

24%

24%

25%

26%

273/a

25%

26%

4,100
22,300

19

19%

19

45%

44%

'13%

13%

34%

343/4

34 Vb

343/8

16

16

16%

16%

-31%

31%

111%

34%

16%

16%

16%

16%
21%
111%! 111/4
16% 17
*43
44%

17%

*16%

16?/4

>

16%

*16%

22

21 y4

213/a

>

111%

111

111

22

'
.;

*111

lllVs

163/4

17

17

16 3/4

*43

44

*43%

44;.

> 18%

19%

193/8

19%

*53%

55%

*53%

•

16%

55%

*54

19%

14%

44

4,7

44

*14%
44

.

9%

9%

9

8/8

20

20%

14%

2U a
14 /«

17

6,600

II,200

•34%

20(900

16%
17%

200

21%

22,100

111%

14%

14%

21%

45

13%

*16%

19%

:

133/4

45%

16%

19

45

14

xl3%

34%

19%

45%

193/4

45%

18%

•44%

X34%

'447/

-

1%

16 A

54/4
fV /a
*14%

'

7

6%

85/8

6,200

*41.3/4

42

9'

17%
46%

*8%

9%

6%
42%

6%
*42

5,500

9%

*16

16%

*16

16%

46%

9%
-6%

16,500

9%

.

9%

9%

9%

10

125%

46

56%

56

"•55%

45

443/4

129

*118

55

■

,

.

121

127

;.125

1

.———.

79%

15%

3%

xNo par -

.

1,300

79%

760

*715

200

21%

163/e

•.

24,800

25%

21%

43%

5%

18%

*25

15%

41%

Steel—-No par '
_1

Co

Truax-Traer

1

793/4

100

20%

79%

18%

25

21%

80

1,800

117

16%

*9
•6%

•

-2
-5

i

World Airlines Inc

18%

25

79%

*715

*116

*20%

*"

'

*9%

10

117

18%

2,700

\

743/4

21%

;

21%

79%

74%

16 %

.

1

Mar 19

110

18%

4,800

93/4

92

74%

*116%

25%

39
>

9%
92

<61

16% -M6%

Tri-Continental Corp common

15

18%

37%

9%

4,100

700

93

74%

117

2P/4

749

9%

*90

743A

*25

79%

■>

93

.

*46%

Thompson-Sfcarrett Co ©om__No par
$3.50 preference
.No par
Tide Water Associated' Oil—
10
Timken Roller Bearing
INo par
Toledo Edison Co (The)——
-5

2% May 17
27% July
^

27

133/a Sep
106 y2 Jun

18 %

21%

88%

14%

129%

—100

preferred-

29

17

*

111

61

*122

CorpJNo par

14

'

9%

*90

t

■

common—

Dec

29% Mar 27

37%

36

116%

-9%

xNopar!
common—5

Nov

35

37%

9%
1

*17'

9%

:i9% Oct

16

37%

93/4

•149

16%

Thompson (J.R)
-15
Thompson Products Inc common—5

15

9% Oct

1 % Nov

37

373/4
>

150%

54%

common

Avenue Transit

tThird

2

883/4 Jan

T

34,800

46%

53/8

Fair

Thermoid

41% Sep

.2

10,200

18%

>17%

14%

iNo par
1
$2.50 convertible preferred!
50

The

30
12

44

9

1% Mar

9% Apr

•'7% Apr

39% May 17

3

25%

18%

*17

111%

conv-preference——-.No par

$2.40

j

: May 17

47

8

25%

18%

43

<,89

50c

11

17% Jun

14

40

Inc

11% Jun

9% Jan

25%

18%

-T

363/s

No par

5

12 y2 Jan

25

18%

149

61

—100

Pacific Ry Co

4

31

25%

18%

9%

*5%

1

certificates

share

■<7

31

25

•19%

f.

Pacific Land Trust—

48% Jun
140% Jun

6 3/4 Dec

19

.

-17

*883/4

1
10

Inc

Texas

127 % Jun

7% Dec

19

62%

11

38% Jan

Mar 26

19

i

94% ' 95%

13% Jan

-

19-

*95

11

63/8 Jan

14% Mar 10

19

-68 y4

13% Jan

6

20

11% Aug 31

18%

66

Jan

46% Mar

16

.19%

£4%

4

107

9

13,900

25
Sulphur——

Jan

35'

24

•

1,500

14%

10
JNo par

Co

12% May 20

5

15%

13%

Gulf Producing Co—L

106% Jan

.42% Feb

30 % Sep. 14

.

5% Jan

15

15%

13%

Gulf

Texas

Texas

5 % Oct

20%

15%

Texas

98

1
5

20%

20%

15%

Texas

69% Jun

14

54% Apr

110% Jan

29,000

11,100

20%

25

74% May 19

ll

,

20

25%

>13%

May 18

-A

Jan

80% Jan

J2
15

93%

>'24%

13%

66%

57% Jan

24

Jan

78% Dec

42

93%

27%

15%

78%

'109 %

8
5

Corp

Corp

41%

94%

23%

151

,.'36

.9

(James)—

Talcott Inc

18

Corp__

Gould

Symington

41%

*93%

203/4

*153/4

-No par
iNo par
1

:

(conv)_

$4.40vcum

v

5% May 24

40%

93%
27%

13 Vb

749

25

4% Feb

40%

—

>46%

1,000

27

25%

10

46%

5,100

113/a

20%

21%

^6

-17

800

35%

*11%

*15%

18%

776

'148%

173/s

493/4

93%

■

*25

43%

5,100
35,100

17%
35

11%

*116%

10

423/4

9%

493/4

353/,,

11%

40y4

93

'749

15%

♦

17%

14,900

101

9

50%

35

116%

79

16%
*49%

11%

74%

'20%

1'■

*99%

gi/8

35%

:74%

18%

100%

"9

*11%

74%

223/a

20%

(The)_i.4.16%

Swift. & Co_

*09%

9%

'

Sylvania Elec Prod. Inc com.i.—7.50

2

105% Jan

20

.34

38% July

5

5

8% Jan
'49% Sep

May 22

47% May 18

41% Feb

31% Jan

12,500

100%

9

23,400

15%

9%

25
50

preferred

25

15

Sep

;5

4.40%

38%

:

373/e
•

25%

22

5
r.—-100

Sweets Co of, America

7% Feb

Sep 30
'97% Jun 16

33

Jan

16
•

38

116%

25%

Paper Co common

111% Jan

-78

4% Sep

14

40

•j

,6

86

>2

*

11

44 % Dec

13

Nov

18% Dec

18

12% Jan

Sutherland

33

25%

10c

Mining Co

Superior Oil of California
Superior Steel Corp

2

13% Sep

Inc

18%

375/™

*99%

20%

*90

117

*78%

Sunshine Biscuits

10% Mar 29
816

12.50

preferred

55,800

37"%

35

*18%

93/4

116%

4%%

A

86%

*

>13%

13

74%

—100
Oil Corp common
1
preferred series A
25
conv 2nd pfd ser 1950—20
conv 2nd pfd ser '50 called

Class

843/4

17%

20%

•

37%'

74

86%

49%.

18%

No par

84%

17%

25

preferred—No par

87

49%

15%

93

77%

37%

27Va

18%

9%

62

76 3/4

.17%

,27

25%

37%

61 3/B

77%

40%
40%
*93% ;94%

24%

*90

61%

76%

<

50%

il8%

1

Sun Oll Do xominon

8

17%

19

common

61

78%

86Vb

100%

*49

19

No par

series A

$4.50

8

Corp

Shares

■

61%

9%

_1

Chemical Corp

Sun

the Week

July 2

77%

'

38

9

>13

20%

6l

61%

Friday

July 1

,

16

12%

Studebaker -Corp

6

Feb 10

10

7

15%

-59

20
No par

>5 % -prior preferenceStone i& Webster

39% Apr 28
"

20%

1

.

;■ v

>

.25% May 20

469 .. Jan
113% Jan

,

'

'117

■

A

5
___5

Corp

Stokely-Van Camp Inc common

2

Feb

89

2
'-

Stewart-Warner

Stix Baer & Fuller Co

19

(8

9

•28% Jan

15

20

100

& Co Inc_

14% July

18% Nov

26"% Jun

20

17 % Jan

•

Jan

(J P)

16% May 21

Mar 25

12

16% Mar 11

.10% Sep 15
16% July .1

2

Co

32% Jan
87

July

5

(The) L S

Chemical

June 30

79

11 % Jan

8% Dec

June 29

61%

••

—_25

Sales for

Tuesday0 W ^Wed^e'sday^ Thursday

Monday

EXCHANGE

Highest

Continued—Page 11

111%

400

19

6%

•"

7

9,300

443/4

*433/4

443/4

19%

*43%

6,GOO

193/a

213/8

10,200

55

55%

55%

20

203/«

20 Vb

203/s

20%

•20%

16,200

143/4

145/s

143/4

14%

14%

800

44

443/s

443/8

44%

45

9%

93/8

9%

93/8

210

9%

3,400

u

Feb

27

Udylite Corp (The)
—1
Underwood Corp ——No par
Union Asbestos & Rubber Co_.——5

9% Mar 11

2

873/4 Jun

20

Bag & Paper Corp—

Union

56% July

Carbon—iNo par
common-—10
series'——i-No par
Preferred $3.70 series—i^No par
Preferred $3.50 series
No par
Preferred $4 seriesNo par

61 % Jun

16

70% Feb

16

29

Union

Carbide

19% Jun

16

9

21% Jan

25

26

Jun

24

Union

Elec Co of Mo

Jun

4

110.

Jan

2

104% Jan

15

112

Feb

15

82 Vb Jun

15

97

Jan

6

98

75% Dec
24% Mar

18

■

78% Jun

3

873/4 Jan

8

85

Jan

18

100% Nov

6

99

Jan

5

3 7 Vb Jun

10

38% Jan

A

105% Jan

94

7

Jun

11

90

Sep

443/a Aug 13
115% Jan

17

5

50% Jan

15

44 % Jun

100

6

Jan

7
24

503% May 24

Union

Oil of California

29

Union

51% Mar

May 14

noncumulative preferred—50
Tank Car Co new
No par
United Aircraft Corp common
5

30

1063/4 Feb

Union

24

67 % Jun

3

31% Apr

24

50% Dec

21

45% Jan

11

102% Jun

3

106% Jan

29

103% Jan

U

21% Dec

31

27

25

Apr

9

17

32% Mar 25
104% Jan 30

21% Apr

Dec

87% Jan

11

96% Feb

18

33% Sep

21

39% Dec

23

30% Jun

29

40

Jan

27

Jan

87

21

105

16

16% Mar 20

14

Jun

15

61% Jan

57% Jan

25% Sep 23
3% Apr 23

31% Feb

11

4% Feb

24

8

July 21

107

5

Jan

2

4% Jun

23

5% Feb

24

Sep

30

Jan

2

72% Nov

13

10% Sep
11% Dec

15

17% Jan

28

44

28

67

49

Sep

23% July 22
30% Jun 17
11% Dec

29

Dec 10
Sep 14
95% Sep 15

18
29

10

107% Apr

22

Sep~14

12
25

4% Jan

6

70% Apr 29

80% J*n

;6

4% Jan

4

Jun

28

6

May 12

Cig-Whelan Stores com—30c

United

$3.50

.

"

United

100
1
.& Chemical Corp com.l

convertible preferred
(Del)———

Corp

United

Dye

10% Apr

19

72

Apr

30

8

12

May 25

14% J^n

22

United

16% Feb

2

11% Jan

4

13% Apr

19

United

Engineering & Foundry

58% Jan

14

45 % Jan

4

53% Apr

26

United

Fruit

Mar 27

27% Jan

13

32% Jun

;1

United

Gas

Corp

Feb

10

United

Gas

Improvement Co

.,30

37% Feb

10

.13% Mar

3

2% May 12
;65

Jan

101% Dec

5

23

8

31% May 24

36

13% May 26

11% Jan

12

1 Vb Jan

4

49% Jan

8

07

Jun

1

12

107

Jun

100% Jan

'3

&

Mfrs

Inc

Park City

Foreign Securities

&

1st

Mines Co

31% Jan

(The)_l
No par

preferred—;

No par

22 % Jan

30% Jun

18

U S

11

174

Jun

29

U S

Gypsum Co common

175

25

182

Apr

21
28

Mar 16

15% Nov

27

56% Nov

30

Feb

see page

1st

114% Jan

Jan

175

Jan

4

23

14% Mar 17

18% J^n

9

54 y4 Mar 11

62 % Jun

A

123/8
28

-

100

■83/4

12%

3,000

27%

3,900

8%

28%

*8%

85/8

900

'

54

53%

55

55

553/8

55%

55%

55%

565/B

8,200

853/4

86

87%

85%

87 5/8

84%

85%

85%

86%

33,000

25%

253/4

9,100

1093/4

IO93/4

180

25%

1093/4

253/a
109%

*87

*89

*993/4
44

134%

139%

|

94

*87%

873/4

44%

136

139

253/8

109%

94

102

43 y4

46%

433/4
136

25%

109%

*89

87%

87%
102

102

*993/4

253/a

*108%

94

*89

88

*87

25%

109

94

*88

109%

25%

..25%

109%

873/4

*993/4

102

94

*89

•

873/4
*100

102

110

88

100

101

43%

433/4

43%

44%

89,600

134%

135%

1343/4

136 y4

7,700

493/4

445/8
135

50

50

50

49%

50%

49%

49%

49%

49%

28%

29

28

28%

27%

273/4

273/4

273/4

27

27%

3,500

64%

65%

64%

66%

66

67 V*

x57%

593/8

58%

61%

35,700

104 %

*1033/4

*103%

105%

200

106

1043/4

1043/4

*103%

105%

104%

22%

23%

22%

23%

223/4

23

223/a

223/4

223/b

93

933/4

93

93

93%

933/4

94

94%

94%

31%

30%

31

303/4

31

30%

303/4

31

*103%' 106

*1033/8

106

31

106

*104%

15%

15

15%

143/4

65

63%

63%

64

36

35

35

34%

'

5%

"

*14%

,15%

600

*63%

64%

1,700

35%

*34

35%

400

3%

3,000

3%

35/8

72

72%

*3%

3%

*72

72

5%

534

5%

53/4

8%

*8%

8%

*8%

53/4

5%

*8%

8%

63%

63%

*63%

64%

*63%

64%

*635/8

13%

13%

13%

133/8

13%

13%

133/a

13%

13

13

13

13

13

13

13

13

13

48% '493/4

49 Vb

50%

51

•523/8

51%

52%

30%

29%

30%

29%

30 %

30%

30%

36

35%

35%

123/4

12%

12%

1%
62%
106

.

2

62%
106%

*105

*105
*29

15%
*60%

29%

169%
180

15%
62

1%

1%

63

61%

106

*105

28%

29
174

180

180

15

15%
61%

102,100
»13,900

353/4

12%

123/4

13

13

1%

13/4

1%

61%

28%

168%
♦178

15

*60%

63

*105%

106

633/4
105%

*28%

133/a

5,300

61%

i62

4,800

*105%

106

29

28%

28%

169

166

166

1673/4

170

180

178

179

180

180

130

900

5,400
90

15%
.

26

I

15%

153/4

15%

2,700

60%

15

61%

1,100
41,400

2

1%

*105

*105

28%

20

9,900

51%

355/8

63

13

600

3,800

36

12%

105%

65

'133/8

.30%

35%

*105

'

169

*60%

•

43,20o

8%

295/s
35s/B

1%

150

5%

505/8
•

35%
;

72%

*83/a

65

30%

1,300

5,300

106

633/4

13%

*63

11,300

94%

15%

5%

5%

8%

8

*72

72%

*72

72

3%

3%

3%

3%

3%

.22%
.313/4

63

34%

72

2,400

*34

*143/4

64

36

*1033/8

*1033% 106

15

63 3/4

*15

167

—

•

83/4

54

*178

preferred

8 3/4

84

20

4%%

12 3/8

27%

12%

28%

preferred.- -—
—100
S Hoffman Machinery oom_
5

1%
U

12

28

8%

12%

5

120

9

68

$4.50

12

28%

8%

♦35%

20

13

For footnotes

10

12%

28%

83/4

_10
13 V2

preferred called—
Freight Co
No par

Jun

35% Jan

105% Jun

12

28%

8 3/4

1

—^

„,

United
S

-5
5

No par

Co

U

$4.50

1

Electric Coal Cos

United Merch

15

2% Jun

100

preferred

7%

'

103% Oct




38% May 26

Jan

104% May 21

159

America—No par
$4.50 preferred—!———,-No par
United Board & Carton Corp
10
United Carbon Co—
-No par
United-Carr Fastener
No par
Biscuit of

United

May 27

3% Feb

27

series of 1952-100

Preferred 4%%

1

70

10

Air Lines Inc common

United

20

15% Ajor

100

preferred

convertible

5%

63% Jun 29

1|

>46

Feb

5% Jan

86

.

1
4

Jan

13% Jun
48% Sep

100

—

4%

1

29% Jun
'

25
50

Pacific RR Co common

139% Jun

4

48
26

Apr

103% Fob

'

•

-

•

&

$4.50

Preferred

12

2 8 3/8

xll%

61%

*60%

61%

150

25

26

(74)

The Commercial and Financial Chronicle

NEW YORK STOCK RECORD
Range for Previous

' \

■

■

22% Jan

1314 Nov 23
7% Oct

Lowest

Highest

8

22

13% Mar 17

22
26

Jan

NEW

Highest

7% Feb

17 % May 25

•

24

Sep

14

40% Mar 17

36% Jan

4

54% Jun

11

64

59% Feb

3

66

34

Mar

6

24

11

Jan

22.

Oct

23

32% Feb

2

70

Oct

26

85% Jan

5

70% Jan

9

97% Apr

6

79 % Jan

13

2

29 % Jan

U

144% Mar 11

23% Aug 31

S

U

S

36% Jun

22

13

11

49% May 27

U S Rubber

May 13
3

Jun

155% Apr

4

17% Dec

10

213/s Feb

26

16% Jun

24

18 Vb Feb

4

393/4 Nov

9

35

Jan

26

2

Va May 25

7

Jan

4

72% Dec

30

1 % Dec

15

90
4

31

1% Jan

29% Mar 12

17

3 Vb May 13

3
2

Jan

7

28'A Jun

10

7
3

88

8

12

167

Sep

7

2% Feb

263A Jun

27

Feb

1% Jan
■17% Jan

22 % Jan

32% Dec

15

Jan

7%

68% May 20

633A Jan

353/4 Dec

34% Jan

18

preferred

Jan

7

23 % May

70% Mar

37% Apr

21

3

48%

46%

61%

61%

61

61

60%

60%

*60%

48%

49%

48%

49%

48%

49%

153%

154%

154%

17

16%

17

16%

17

35%

35%

35%

35%

8%

*8%

8%

2d pfd_5

8%

9%

9%

9%

8%

9%

2,200

9%

9%

10

preferred—No par
United Wall Paper Inc common
2

86%

9%

10%

87%

87%

87%

87"%

28,300

87%

88

United

Corp

Stores $4.20

noncu

convertible

$6

4%

convertible

Universal

preferred

American

50

Corp

Tobacco

preferred
preferred

Power

&

Van Norman

5 % Dec

29

10"% Jan

6

5 % Jan

4

23% Apr

6

31% Dec

29

30% Jan

8

38

Mar 26

130

Jun

14

124% Mar 26

130

Jun

10

Apr

13

29

Nov

30

88

July 17

16% Oct

28

112

Sep 15
22% Jun 23

106

Jun

5

92

July 20

92

Jun

3

25% Dec

31

25 % Dec

92

26% Jan

Mar 20

25% Jan
130% Jan

89

Jan

4

20

8

Jan

4

123

Jan

4

27

Jan

11

112% Jun

2

115

Jan

5

19

102% Apr
105 % Apr

25 % Jan

4

30% Feb

11

25% Jan

4

28

Feb

9

12

1003/4 Dec

24

100

100% Oct 30
353/4 Feb

2

I

6%

8

101% Jan

8

273/4 Nov 17
1143/4 Nov

32% Jun

18

28

30

Feb

19

5

64

Dec

7

57

Mar 25

7

18

Mar

4

13

May 17

16

Feb

22

30

Jan

29

Jan

15

26% Apr

6

36%

69

36%

56

*68

&

69

*68%

26%,

70

22%

*68 %

4,000

37

90

3,400

70

56 3A

543A

100

161

22%
36%

56 3A

58%

59%

60%

59%

60%

3,300

21,200

113A

115/a

113/4

113/4

11%

11%

11%

113A

11%

28%

29

29

29

28%

29

29

29

1,300

7%

6%

7

6%

7

5,100

37'/•

36%

36%

37

2,300

5

100

Power

Co

100

7%
37
*130
*130

31%
*92

233/4
127%

7%

7

37'A

7%

36%

L-

*130

__

37 VB

*130

313A
955/a

955/a 1

23%

127%

126

•

—

32 3/«

*92

24

23 5/a

126

com__10

30 3A

31%

30%

113%

113'A

*113%

31'A

*98'A

100

*101%

103

*101%

Co

25

common

preferred

25

23%
31%

*130
32

955/«

♦92

23%

23%

129

129

31%

31

114

*113%

*98%

100

*98%

103

*101%

103

103

27

*26%

27%

26%

26%

26%

26%

26%

26%

65%

65%

65%

65%

*133/4

14

133/4

*28%

29

*28%

63%

*62

133/4

*66

135/a

29

*28 V4

63%

*613/4

(<■

363A

*130

—'

32%

27

20

J

*92

—

■—-

273/a

5

preferred

32%

27

10

(The)

Vulcan Detinning Co common

*130

114

100

dividend preferred

36 5/a

*129

114

100

7

*130

-r —

—

315/a

*98'A

1%

26%
161

22%

36%

100

Corp

26%
162

22%

36%

100

6%

26%
161

22%

800

29

37

preferred

Visking

26%
164

300

1%

*1%

*27%

36%

dividend

Ry

21%

1%
29

37

$4.20

4

Jun

*68

1%
*27%

29

No par

com

partic preferred

Elec

69

*26%
*160%

22%

1%
29

210

6,600

113A

common

preferred

Virginia

1

27

55%

26%
164

22

$4.04

71% May 19

14% Dec

div

$5

5

36% Mar

26%
*160%

1%
*27%

1%

16%

28 5/8

2.50

preferred

Virginia

7

Feb

Co

Va-Carolina Chemibal

9

137% Apr

1%
29

88

1%
*15

300

10

Victor Chemical Works
3 % %

*1%

87

1%
15

5,500

2.50

Vicks Shreve & Pacific Ry com__100
5% noncumulative preferred—lOO

343/4 May 7
95% May 26
27% Apr
9

4

Chemical

1%
14%

26%

Vertlentes-Camaguey Sugar Co__6%
Vick

1%
14%

*27%

22%

36%

Co

1%
*13%

162%

CO—Nopar

Van Raalte Co Inc

1%

1%

14%

25%
22

16%
*35% I

1%

162%
*67%

Vanadium Corp of America—No
par

61% May 18
20

30% Feb

17

*13%

28

100

Light

1%

*1%
28

1

com

87%
14

1

16%

.

10

*1%
14

1

com_No par
100

Universal Pictures Co Inc

13% Jan

127

2,100

36%

7

3

154%

8%

4

28

153%

8%

13

24% Apr

153% 153%

36%

113% Jan

125% Jun

300

106,900

b%

36% Jan

126

154%;

5,800

60%
49%

49

*35%

28% Jan

Mar 19

154

1,130

8%

17% Mar 23

128

154%

47%

260

21,700

17

323/4 Mar 25

May 29

36

149%

35%

8

125

48

89

35%
149

8%

22

5

89

35%

149%

48%

6,400

79

16%

15

May

48

89%

35%

200

27%

*76%

148%

•

9,400

65%

27%

79

*88%

35%
149%

65%

27%

*76%

89%

35

148%

49%

27

79

5,500

8%
54%

35%

30% Sep
11% Dec

73/4 May 19

27%

*83%

35%
149

48

'

*7%

66%

1

Utah

10

49%

27

15%

53%

54

61

No par

common

27% Dec

45% Mar 25

*65%

*76%

89%

35
148

8%

53%

67%

100

Stockyards

4%%

15

54%

Shares

15%

49

noncumulative preferred—25

7%
United

8%

24

48%

52%

the Week

July 2

15%

*7%

'

Friday

-

48%

Universal-Cyclops Steel Corp

1

35%
148

15%

8%

*65%

28
79

*88%

15%

*7%.

Sales for

Thursday
July I

**60%

—;

Tobacco Co

27%

*76%

PRICES

No par

common

Universal Leaf

165

5

154

U S

Corp

30% Mar 11

11

17
30

Steel

S

27% Jun

18

18% Jan

Feb

19% Dec

2

4

9

14

233A Dec
14

10% July

17

Sep 29

223/a Jan

30

Jun

Mar 19

31

Dec

61

5

11

Apr

IIV2 May 12
4
15/8 Jan

Mar 18

1 % Nov

155

4

73% Jan

9

23

35%

U

67%

79

147%

15%

54

89%

5

S

38% Mar 10

63/a jarl

Co common

8%

U

28

35% Dec

common

noncum 1st preferred
100
Smelting Ref & Min com—50
1% preferred
—50

61% Jun 29

39

6% Jan

Corp

89%

54% Jan

9% Mar 19

Plywood

*76%

5

22

*65%

X27%

2

65/« Dec

52%

67%

1

66% Feb

8

53%

*65%

100

44 % Jan

143•,Jan

52%

10

SALE

June 30

8%

20

Foundry Co

&

HIGH

Wednesday

15%

*7%

100

15^

28,

15%:

8%

preferred series B

54

*.,144%Jan

15%

preferred series A

150

Aug 31

Pipe

Playing Card Co„

S

15%

67%

preferred

3%%

6

Jan

1

10

common

3%%

4

Dec

33% Sep

U

Co

Tuesday
June 29

7

37% Jan

54

Monday
June 28

Par

12

May

134% Jan

,6

STOCK

89% Apr

82

2

Oct

135

31% Jan

U

'67'4 Jan

18

37

Lines

4%%

9

31

127% Sep

S

30

Jun

28% May 28

7

74% Nov

U

8% May 25

57 % Dec

YORK

LOW AND

EXCHANGE

Monday, July 5,1954

.

ContiiiHed—Pigt 11

STOCKS

•

Range Since Jan. 1

Year 1053

Lowest

j

r

.

.

*26%
26 3/a

67%

*66

135/a

13%

1,400

*130
*130

:

33

132

33%

95 5/8

34%

*93

23%
129

24

130%

31%
99%

*98'A

27%

70

99%
103

26 5/8

263/4

8,000

114

*101%

100

27

*66

1,100

26%

2,200

67%

26%

67%

500

31%

*113%

103 %

4,200

130%

313/8

114

6,100

955/a

23%

300

13 5/a

*13%

14

29-

*28%

29

*28%

29

63%

♦613A

63

*62%

63%

400

w
59

Sep 14

70% Mar

2

60

Mar 26

113/4 Dec

22

13% Mar 10

11% Apr

213/4 Nov

24

29 % Jan

24

Jun

16

52

51

43% Jun
5

Dec

29

9

18% Jan

2

25

Sep 15
6% Sep 15

105

98

11% Sep 15
14% Apr 24

9

Dec

22

Feb

27

May 12
Feb

9% Mar
17'/a Apr
18% Nov

4

3

16
20

68% Mar 18

Wabash RR 4%%

13

3

Waldorf

4

Walgreen

Mar

3

263/a Mar

Jan

5
4

61% May 18
8% Mar 30

Walker

5 % Jan

4

245/a Jan 27

Ward

197/s May
100% Jan

30

104

4

Jan

19

9

Jan

21

33% Mar 19

25% Jan

14

37% May 14

30% Jan

2

Warner-Hudnut

Foundry

30

30 5/a Jan

12

34

Feb

18

30

Mar 16

25% Jan

14

SeD

14

13% Jan

4

18% Dec

28

17% Apr
9
243/4 Mar 23

3Q
Apr
16% Jun

19

13

14

13% Feb 25

93/8 Jan

15

12 % Mar 27

10% Jan

8

10

Sep
Sep

19 % May 14

133/4 May 24
25

Webster

30

Wesson

2

24% Jan

5

353/a Jun

84% Feb

3

773/4 Jan

5

86

293/4 Jan
28% Jan

5

17% Feb

16

5

143/b May

4

32

Jun

98% Jun

17

37% Feb
1073/4 Jan

-88% Jun

18

102

9

Jan

4

36% Jan

8

104% Jan

16%

5

25% Dec

21

109

43% Apr

20

Sep

14

32% Mar 95

22

45

Jan

2

63% Mar 25

41 %

46% Sep

14

67% Mar 16

49% Jun

9

99 % Sep

96% Jan

11

22% Dec

30

16% Jun
126

993/4'jan

12

10

22

May

4

127

Mar

4

Jan

14

30% Sep

15

80

27

4

26% Apr

6

75% Jun

25

102% Feb

15

983/4 May 5
18% Mar 17
127

86% Mar 24

14

30

23

15

30% Dec 21

4

89

Feb

26

10%

10 5/8

11,500

15%

153/4

16

153/4

16

16

163/8

14,200

*27
34

27%
34%

333/8

333/8

33%

29%

29%

15%

16

Electric

4% Dec

8

8

26% Mar 19

4

26

21

8

Feb

63 % Oct

5

743/4 Mar 10

70

Jan

8 % Nov

5

13% Jan

15

35% Dec

16

9% Apr
31% Jan

293/4 Oct

5

28% Jan

24% Jan

6

24% Jun

17

126

Apr

24

163/„ Jun

10

36

Sep 21

42% Dec
26
75
101

Sep
Sep
Sep

22

15
10
14

71% May 12
63/4 Dec 31

31

Sep

14

163/4 Sep

135

Jun

9

20% Dec

31

34
11

43% Jun

1

4

883/4 May 19

82

Dec

10

11% Mar 17

39% Apr
soi/
0/1/

34/a

1

*?T *
t,9
Jan

13
5

Dec

31

lb /a Jan

2

29

84

7

77

Jan

12

6% Jan

22

37

156

7% Feb

12

2,700

40

3,400

39%

40%

5

31%

313/a

30%

30%

303A

100

*105%

106%

♦105%

106%

*105%

106'/a

*105%

106%

*105%

1

9%

9%

9%

9%

93A

*9-%

9%

93A

10

46%

47%

46%

47%

47%

47%

47%

48

23%

24%

23%

23%

*23%

*23%

24

Pulp & Paper
preferred
Air

Lines

4%

Supply

2nd

noncum

Pacific

com

Inc

Co

preferred

100

53%

*100'A

preferred

Weston

Elec

conv

Co

&

6%

10

50

12%

1,600

31

7,700

106
'

23%

45

2,000

48%

93A
493/4
23%

2,000

*45

46

2,200

400

52%

53%

52%

53%

523A

53%

533A

53%

10,400

1003A

*100%

1003A

100 Va

100 3/4

100'A

100 %

600

40

40 3/a

40%

40%

40 3/8

403A

403/8

4034

24%

243/a

233/,

24'A

23%

233A

233/4

24 Va

11,600

71%

743/a

72

74%

713A

72%

72 %

733/a

47,900

100

101%

1013A

101 3/4

101'A

101 %

400

*23%

233/4

233A

23%

400

.129%

129%

12.50

Corp

100

No par

1

100

20
5

23%

102

*101%

23%

23%

♦129

35%
*85

*23%

233/4

*129

50

35%

35%

36

35%

36

35%

35%

355/a

36

5,000

85%

85

85

85%

85 3/a

85 3/a

85%

86

86

220

*27

27%

33%

33%

333/8

90 %

*903/8

5%

23%

102

♦129

27%

24

*101%

*129

90

*22%

102

12,600

27%

5%

27%

27 3/8

27 %

27 Va

27%

500

333/a

33%

33'A

33%

333/8

33%

33%

4,100

91

*27

91

91

90 5/a

903A

91%

913/a

480

1,400

5%

5%

*5%

5 3/8

5%

23%

*22%

23 >A

*22%

23%

♦22%

24

*23%

24

23%

23%

23%

5%

223/4

233/4

23%

600

8%

8,800

8 3/a

*73%

♦93/4

10

*93A

10 Va

*934

IOVB

*9%

10

9%

1

46%

47%

46

46 Va

4434

45%

45%

46

46%

46%

4,600

10

30%

30%

30%

30 5/a

30%

30%

30%

30%

30%

31

4,400

com

preferred

100

139

8%
73'A

5%
*22%

No par
10

Grocery Co

3/a

73'A

5%
23

23%

No par

common

Wisconsin Public Service
Woodward Iron Co

Woolworth

45

12

75%

Co

Lovett

45%

123/s

100

24%

common

Inc

45

39%

74 %

preference
Co

46

39%

*100%

413/s

White Sewing Machine common—1
Oil

46

53%

24

39%
108

24%

preferred

Prior

46%
101

40

prior

Motor

5%%

10

40

470

10

Wheeling & Lake Erie Ry
Wheeling Steel Corp com
$5

108

10

series B

Inst

108

200

21,000

12%

Westlnghouse Air Brake
Westlnghouse Electric com
3.80%

*46%

No par

com

Western Union Telegraph
1

108

100

RR

8

8%
74

140 3/4

*139

140%

8%
*72

139

8%
73%

139

8%
*72

8 3/a

73%

.'

8%
72

72

9%

200
100

*139 Va

140 3/4

*139%

140%

10

19 5/a

193/4

193/4

193/4

19 3A

19%

19%

193/4

19 5/a

19%

2,200

10

50

50

493A

493A

50

50

50

50%

50

50

Corp__10

800

10

42%

43

42'/a

43 Vb

42%

43 Va

425/a

43

42%

43 Vb

23,600

Worthington Corp common—No

par

40%

41

40 Va

41

41 Vb

413/4

41%

413A

415/8

425/a

Prior preferred 4%% series
Prior pfd 4%% conv series

8,400

100

87

87

86%

86 %

86 3A

86%

86'A

86%

*86'A

100

*148%

(F W)

Co

Wrigley (Wm) Jr (Del)

No par

Wyandotte Worsted Co

5

45

13% May 21

73s/a Apr

14

Zenith

Radio

7% May 20

Zonite

Products

°n thlS d&y'

4,200

143/4

♦12

4

dividend1 &y Ex-rigbtsPrlCe8' D° S&le

18%

*145/8

12V4

Jan

9

86

*183A

143/4

11%

Young (L A) Spring & Wire_No
Youngstown Sheet & Tube
No
Youngstown Steel Door
No

20

85 %

18 3/4

143/4

4

12'A

24 Vb Jan

43/a Feb

853A

185/a

15

31 3/8

3

63% Jun

85%

18%

14%

30 3A

May

0

853A

183/4

15

12%

20

13

85 Va

18%

12%

York Corp

Jan

85%

18%
143/4

32%

49

4

*85%

31%

27% Apr 13
60% Apr 13

11% Jan

35%

123/8

9

May 27

345/8

5

4

38

35

100

4

21

34%

*99%

Jan

May 21

353/a

100%

215/8 Jan
51% Jun

5% Apr




May 28
88% Jun 29

34 5/a

*99%

Wisconsin Elec Power Co

4

35%

99 Va

Winn

Jan

2,600

99%

10

116

123/4
12

99%

25

77% Jan

Mar 19

113A
12

99%

19

30% Jan

355/a Mar 17
86

130% Mar 16

11%
12

100

32

21

11%
♦113A

101 Va

47 % Jun

45% Jan

30

2,500

11%
12%

108%

6

23

Jan

20%

*11%
*113A

101 Va

7

40 3/8 Apr

48

20 Vb

20

11%

108%

7

7

20 Va

19%

5,100

12

11%

*11%

101%

preferred
Wilson-Jones Co

Apr
1
20% Mar 22

20

19 %

19%

11%
12

*99%

$4.25

52% Jun

1,000

102%

Wilson &

142

4,500

15%

108

12

8

295/a

153/8

*101%

29

21

29%

15%

102 Va

9% Jan

14

Jan

293A

15 3/8

108%

73% Apr
12% Feb

18% Jan

29%

15%

393A

22

393/8 Jan

137

29 3/a

15%

*101 Va

25

2

29%

153%

*107%

Wilcox

Feb

800

293A

15%

40

18

2

47 /b Jan

28

Mar 19

33%

*27

108

Jun

22

Jan

14

36/a Oct

7

19% Dec
53

Sep

62 5/8 Dec

4

Jan

15

47

Jan

33%

27 Va

102%

White

5

333A

*27

*101%

100

8

21% Mar

333A

18%

2

21% Jan

8

3 3 s/a

14%

3

12% Jan

33%

85%

93'A Jun

323/8 Apr 13
30% May 27
11% Mar 26

33%

14%

27% Feb

15

8,600

18 3/a

353/8 Jun

11

200

34%

85%

11

20

27'A

1

27

18% Sep
7% Sep

233A

f

34%

4

25% May 10

21% Dec

23%
27

29%

19%

23%
34%

No par

40

23%

27%

343A

No par

24'A

10

343/a

35%

Co

23%

104

343A

32%

preference—No par
White Dental Mfg (The S S)
20

Jan

24 Va

*102'A

34%

11%

85% Mar 15

Sep

Jan

19%

23%

*11%

Preferred series A

4

243/a May 17
129% Apr 26
36% May 28

11%

103

103%

Western

19

50% Jan

82% Jan

14

6

43% Feb

10%

com__2.50

Snowdrift

Western Auto

Mar 11

4

10

103

*102%

4%%

19

583/a Jan

10

1033/4

100

Western

2

353/4 May
22% Jan

May 14
30% May
4

Oct

4

25

53% Jan

10

15%

24%

4.10%

24

900

10

15%

*102

Western Maryland Ry common—100

1

6,900

10%

15%

34%

Power 4%% pfd
preferred series B

4.20%

19

104

3/a

*10

1033/4

27%

West Penn

26% Jan

26

40% Mar 17

243/4 Dec

493/4 July

Apr 28
Apr

Mar

6

22%

*102

5

110

10% Jun

6 3/a

22%

103%

5

105% May 20
4
8 3/4 Jan

8

Jun

6%
22%

*102

1

Va

5

39% Sep 15
91% Jun
1

Mar

6%
22%

23%

Kentucky Coal Co
Penn

6%
22%

33%

Co

West

Jan

48"% Aug 13
29 % May 18
52%. Dec
3

&

6%
22%

*27%

Mills

West

57% Mar 11

18

4,000

6%
22 3/a

5

13% Mar 18

12% Jan

37% Feb

60

59%

6%
223/g

No par
No par

33

15

2

593A

59%

63/tt

1

4

97/8 May 20
23% Jan

15

May 14

59%

preferred series C
Virginia Coal & Coke

8% Sep
43% Sep

90

Oil

West

102

21% Nov

60

6%

22% : 223/0

1

Investment

5

7

15

593A

Co

Knitting

8

Jan

Jan

Sep 29

111% Apr

96

5

60%

5

$4 convertible preferred
West Indies Sugar Corp

104% Mar 31

12% Nov
104

7
25

7

15

GO

1

3

West

40% Mar

11
4

May

Jan

99% Jan

1,200
2,000

No par

203/8 Mar 18

99

9

113A

24%

Corp

17% Jan

4

15

89% Jun

113A
24%

Wayne Pump Co

12 % Jan

28% Feb

30

11%
243A

No par

Pipe

&

Motor

4

1

Dec

Waukesha

4

5

1

16

W

Washington Gas Light Co
Wash Water Power
Wayne

21% Sep
17% Nov

113A
245/a

Inc

21 % Mar 11

73% Oct
r

&

Petroleum

9

11%
24%

100

Warren

14

11%

24%

preferred

Warren

Jun

11%

24%
60 1

2.50

15

Sep

11%
243/a

common

16

29

31 % Dec

G

Jun

24

11%
243A

Wardell Corp
Warner Bros Pictures Inc

1

100

11%

24%

Co

31% Feb

4

17

(Hiram)

Baking Co

5%%

63%

10

37 % May 24

11

28% Sep

25

4

23 % Sep

100
No par

Co

Walworth

3

11% July
16% July

19

13% Jan

Feb

preferred

System

Yale

& Towne

4% %

147

86%

863/4

7%

147

*150

155

88%

87

88

7%

7

7%

151

151

*87 Va

7%

7VB

*150

88

*86

7%

157

120

50

86%

7%

2,200

7 3/a

3,700

46

46

45

45%

45

46

45

45%

45

45 5/8

27,800

24%

23%

24%

235/a

24

23%

23%

23%

24 Vb

9,200

54

54

53%

53%

53%

53%

53

53

53

53

par

213/a

213/a

21 Va

21Vb

21

21

21%

21%

*21 Vb

213/a

500

par

44 3/8

443A

44

443A

44

44 5/8

44 Vb

44%

44%

45'/a

16.900

par

*12%

12 5/a

12%

12%

12%

12%

12%

12%

12%

12%

2,000

No par

68%

685/e

673/4

70%

69

70%

69

69

68Va

69%

6,800

_1

63/4

63/4

63/4

63A

6%

6%

1,900

25
1

preferred

Corp
Corp

7'A

150

24 Va

Mfg Co

common

convertible

86

87

receIvershiP« or Petition has been filed

50

„

A

for the company's reorganization,

a

65/a

63A

Deferred delivery.

6%

rCash

63A

sales.

wdWhen

distributed.

900

xEx-

The Commercial and Financial Chronicle

"Number 5339

Volume 180

Bond Record

(75)

New York Stock Exchange

«»
FRIDAY

The

italic letters

the column headed

In

WEEKLY

-

"Interest Period"

YEARLY

-

Indicate In each

Figures alter decimal point represent

the month when the bonds mature.

case

one or more 32nds

of a point

LOW

GOVERNMENT BONDS

Year 1953

Lowest

Tuesday

June 28

June 29

Range since Jan. 1
Lowest

Highest

99.24 May 12

Monday

NEW YORK STOCK

Range (or Previous

104.16 Dec

4

EXCHANGE

Highest

Low

Low

High

Wednesday

Thursday

June 30

Sales for

Friday

July 1

the Week

July i

High

Low

High

Low

High

Low

Bonds (g)

High

Treasury 3Vis
Feb

108

Feb

19

19

Feb

108

*110

110.6

*110.4

110.10

*110.8

110.14

*110.12

110.16

♦110.14

110.18

.1955-1960

*101.22

101.25

*101.22

101.25

*101.22

101.25

*101.22

101.25

*101.21

101.24

.1956-1959

*104.4

104.12

*104.4

104.12

*104.4

104.12

*104.4

104.12

*104.4

104.12

1961

*103.27

103.31

*103.28

104

*104

104.4

*104.4

104.8

*104.4

104.8

.1958-1963

*106.12

106.20

*106.12

106.20

*106.12

106.20

*106.12

106.20

*106.12

106.20

Treasury 2Vis

16

Feb

102.4

16

.1978-1983

Treasury 27/8s
Treasury 2Vis
Treasury 2Vis
Treasury 2Vis

—

102.4

.-1960-1965

*108.24

109

*108.24

109

*108.24

109

*108.24

109

*108.24

109

1956-1958

*102.12

102.16

*102.12

102.16

*102.12

102.16

*102.12

102.16

*102.12

102.16

1958

*103.6

103.10

*103.8

103.12

*103.12

103.16

*103.14

103.18

*103.14

103.18

1961

*102.11

102.15

*102.12

102.16

*102.14

102.18

*102.18

102.22

*102.18

102.22

Treasury 2%s

Treasury 2y2s

Dec 15

,

Treasury 2y2s
Treasury 2y2s

Mar 25

Mar 25

94.8

98.29 Feb
95.20 Oct

95.20 Oct

23

15

98.29 Feb

15

23

101.12

*101.8

101.14

*101.12

101.18

*101.18

101.22

*101.18

101.22

1963-1968

*100.16

100.22

*100.20

100.26

*100.24

100.30

*100.28

101

*100.28

101

Treasury 2y2s
Treasury 2y2s

_

*101.6

Treasury 2y2s
94.8

1962-1967

.June 1964-1969

*100.4

100.10

*100.6

100.12

*100.12

100.18

*100.16

100.20

*100.16

100.20

..Dec 1964-1969

*100.2

100.8

*100.4

100.10

*100.10

100.16

*100.14

100.18

*100.14

100.18

100.12

*100.10

100.14

*100.10

100.14

100.8

*100.6

100.10

*100.6

100.10

100.4

*100

100.4

*100

100.4

*100

100.4'

*100

*99.30

100.4

*100.2

100

*99.28

100.2

100

*99.28

100.2

*99.26

100

*100

1965-1970

*99.30

100.4

-1966-1971

*99.26

100

1972

*99.26

Sept 1967-1972

*99.26

Dec 1967-1972

*99.24

99.30

1957-1959

Treasury 2y2s
Treasury 2y2s
Treasury 2y2S
Treasury 2y2s
Treasury 2y2s

*102.18

102.22

*102.20

June 1967

2%s

Treasury

100.6

*100.6

June 15

Treasury 2%s

1958

1956-1959

'

.

99.14 Oct

23

23
99.20 Feb

99.20 Feb

15

15

Jan

94

July 20

93.8

Jan

4

96

Nov

94.24 Jan

6

91.25 Apr

16

92

15

Jun

100

7

94.16 Jan

4

102.30

*102.26

102.30

102

*101.28

102

*101.28

102

*101.30

102

101.12

*101.12

101.16

*101.12

101.16

*101.12

101.16

*101.6

101.12

*101.12

101.16

*101.13

101.17

*101.13

101.17

*100.23

100.25

*100.23

100.25

*100.23

100.25

*100.22

100.24

*100.22

100.25

*100.22

100.25

*100.22

100.25

*100.22

100.25

101.10

100.25

100.25

102.22

for

Bank

Development

9

Jun

16

25-year 3s

Mar

1

15

30-year 3 Vis

Oct

1

1981

*99.20

3s

July 15 1972

*99.20

100

*99.20

100

*99.16

100

*99.20

100

1*99.20

100

*99.20

1976

Apr

102

*102.26

*102.18

*101.6

*100.22

Jun

100

102.30

*101.28

*101.4

25-year

102.26

*102.26

102

*100.23

Reconstruction &
94.8

17

100.4

102.20

102.20

1954

International

2

90.16 Jun

100.4

100.2

*102.26

102.28

102.22

*99.30

100.2

101.10

-Dec 1954-1955

Dec

*102.24

102.24

*99.30

100.2

*101.28

*102.16

-Dec 1959-1962

June 1959-1962

*99.30
*99.28

*101.4

Treasury 2%s
Treasury 2y4s
Treasury 2 Vis

Treasury 2s
Treasury 2s

99.14 Oct

*99.30

100

*99.12

100

100

*99.16

100

101.16

*101

*101

101.16

*101

101.16

♦101

102.24

*102.8

102.24

*102.8

100

100

3,000

*100

£02.24

101.16

*102.8

101.16

102.24

Feb

101

1

Dec

98

2

102.8

2

Apr

6

1

101.16 Jan

13

102.28 Feb

24

101.20 Feb

4

1

103.28 Apr

*102.8

102.24

*103.16

104

*103.16

104

*103.16

104

*103.20

104

*103.20

104

1

1956

*102.28

103.8

*102.28

103.8

*102.28

103.8

*102.28

103.8

*102.28

103.8

Jan

1

1969

*103.16

104

*103.16

104

*103.16

104

*103.24

104.8

*103.24

104.8

due Feb 15

1955

*99.16

100.16

*99.16

100.16

*99.16

100.16

♦99.16

100.16

*99.16

100.16

due Feb 15

1956

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

100.16

*99.16

100.16

100

*98.16

100

*98.16

100

*98.16

100

*98.16

100

23-year 3%s
19-year 3%s

104.12 Mar 10

101.24 Feb

Oct 26

101

100.24 NOV

Oct

2a

July

May 15 1975
Oct 15 1971

2s

95

97.16 May 12
100.16 Nov 30

*102.8

6

3-year 3s

15-year 3VaS

\

.

Serial bonds of 1950

2s

due Feb 15

1957

*98.16

2s_

due Feb 15

1958

►97.16

99.16

•97.16

99.16

*97.16

99.16

*97.16

99.16

♦97.16

99.16

99

*97

99

*97

99

*97

99

due Feb 15

1959

*97

99

due Feb 15

1960

♦96

98

*96

98

•96

98

*96

98

♦96

98

due Feb 15

j

*97

1961

•95

97

•95

97

♦95

97

♦95

97

*95

97

*94

96

*94

96

♦94

96

due Feb-15
♦Bid and asked

price. No sales transacted this day.

a

Odd lot transactions,

e

Cash sale,

r

Period

New York Stock Exchange

I

Last

-•>-

or

WEEK ENDED JULY

BONDS

Bid & Asked

£

Jan. 1

Sold

High

r

No.

Low

^

•

Brazil

High

Period

New York Stock Exchange

.June-Dec

10311

103 U 104 Vi

47

3Vis series No. 22
3Vis series No. 23
3Vis series No. 24

3Vis series No. 25—

1

3Vis series No. 26
3Vis series No. 27

3Vis series No. 28
3 Vis series No.

29

3 Vis series No.

30

(City) sinking fund 5s 1957
Mar-Sept
fund gold 5s 1958
Feb-Aug
Caldas (Dept of) 30-yr 3s s f $ bonds 1978_Jan-JuZy

assented

AExternal

and Municipal

Government

Foreign

—

—-

99%

*83

90

83%

87

*83

90

75

85

*83

90

71

85

*83

*83

sink

fd

85

sec

sink

fd

*83

90

7s

20-year 3s s f $ bonds

ser

3rd ser

Jan-July
June-Dec
Jan-July

1978

(City) external 5s 1958
Australia (Commonwealth) 5s 1955
Antwerp

53%

53%
103

101%

1

~1

53%

A

85
85

75

85

75

85

AExternal

1957_April-Oct
1957—April-Oct

74%

90

sec

AExternal

43%

57%

102

106'%

101

102

Feb-A up
Jane-Dec
—-Jane-Dec
June-Dec
Feb-Aug

10-year 3 Vis 1956
10-year 3 Vis 1957—

.

20-year 3%s 1967
20-year 3 Vis 1966

3%s

15-year

1962

100'/a

99%

101%

101%

30

101%

101% 101 Va

25

100

101%

100%

ioo y4

1

97

100%

101%

100%
99 '/a

101

ioo'/4

AChile

(Free

6Vis

State)

1945

fund

23

97

100%

99%

50

97

99 y4

assented

AGuaranteed
A8s

A 6s

A Chilean
A7s

assented

reduced
AExternal

s

to

3.5% )

—

(Rep of)

63

80

A 6s

70

90

3s ext

95%

101

66
*95

66%

14

59%
92

--

—
.

reduced
s

to

3.375%)

f 6 Vis

Stamped pursuant

to Plan A

reduced to 3.375%)

5A7s

68%
97

103% 103%

3.5% )

64%
--

*95

64 %

5
—

—

65%

April-Oct
June-Dec

*100

3

65%

—

—

59%

66

92

99

60%

to

June-Dec

1978

3.375%)

3Vis series No.

94%

June-Dec
.

65%

3Vis series No.

86%

1

59%

94%

99%

98 %

10

94%

99%

53%
*65 Vz

53%

: 8

44

56%

63%

*39

83%

84

78%

86%

8

84 y4

77 Va

84

40%

38%

Vi

66%
40%

38%

41

39

39

63%

66

38%

40%

*65'/2

63%

66%

April-Oct

*39%

39

40%

*65%

63%

66%

6s

1963

May-Nov

1993

—June-Dec

fund

1961
6s

1927

Jan

5s

6%s

38%

38

June-Dec
June-Dec

1957

1961

6s 1962

1961

June-Dec
ApriZ-Oct
ApriZ-Oct
May-Nov

39%

*65%
*39 y4

*65%
*39%
*65%

*39'/4

*10%

41

66%

38%

161

40%

66

3D

40%

—

*39%

Mar-Sept
Mar-Sept
June-Dec

39%

39 %

4

June-Dec

84

84 >/4

6

77%

66'/a

38%

—

38%

__

64%

66 y8

—

38%

40%

—

64%

64%

38%

40%

6%

20%

1
__

—

12%

108%

112

June-Dec

83%

83%

3

77%

*113

105

113

Jan-July

*113

105

106

62%

1970—ApriZ-Oct
April-Oct

1926 due 1946
§ A Sinking fund 7s of 1927 due 1947
7s of

May-Nov
Feb-Aug
June-Dec
May-Nov
May-Nov
Apr-Oct
June-Dec

62%

13

53%

67

72%

72 y2

72%

1

72%

73 %

73%

2

73%
74%

74%

15

99%

102 V4

5

99 y«

102

99%

99 y2 100

99%

99 y4

99%

55 y4

108

55 >/4

48 »/4

48 %
109'/2

108

.

1
5

71

44%

41%
107

Financial Inatitutions

FOREIGN

SECURITIES

83%

7

June-Dec

*90 y2

3Vis series No.

8

June-Dec

*82

3Vis series No.

9

June-Dec

*87%

3Vis series No.

10

June-Dec

*91

91

93

June-Dec

*86

81%

84

June-Dec

*86

80

89

88

90

76

85

78%

83

i

3Vis series No. 12

June-Dec

3 Vis series No.

14

June-Dec

*82

15

June-Dec

*83%

3Vis series No.

16

3Vis series No.

17_

90%

84

78

83%

92

87%

88

*90j/2

3Vis series No.

89

3Vis series No.

13

3Vis

series) No. 18




*

June-Dec

June-Dec

—June-Dec

U

—

—

—

—

78%

*83%
*82

*83%

.

88

88

83

77

85

79

85

123

*110

84%

5

39%

63%

Mar-Sept
1961—April-Oct

■

sinking fund dollar bonds

*65%

May-Nov

1951—~
1950

6s of 1928 Oct

38%
36%

*39%

May-Nov

FIRM TRADING MARKETS

3 Vis series No.

3Vis series No. 11

64%

62%

84 y4

76%

3Vis series No.

84%

56

103%

40

66%

65%

11

86%

84 Va

86%

June-Dec
June-Dec

No.

25

1961__Jan-July

For

3

series

102%

98%

68%

3

*66%

(Plan B)—

2

3Vis

11

98%

103

61

69 y2

65%

~

April-Oct

1979

1

3Vis series No.

102% 103 y4

(interest

funding bonds of 1931 due 1951
Stamped pursuant to Plan A (interest
reduced

53 y2

104%
104 %

44%

66

5%

External dollar bonds of 1944

98%

102 y8

102%

7

98%

103 >/4

3
2

53%

53 %

66%

SACopenhagen (City) 5s 1952
25-year gold 4%s 1953
9 A Costa Rica (Republic of) 7s 1951
2s ref $ bonds 1953 due 1972—
Cuba (Republic of)
4V2s external 1977

(Interest

1952

(Central Ry)
to

1957

1979

Stamped pursuant to Plan A
reduced

April-Oct
April-Oct

1979

1927 due

of

83

104% 104%

53%

JAColombia Mortgage Bank 6V2S 1947

'Stamped pursuant to Plan A (interest
AExternal

of

S A Sinking fund

June-Dec
April-Oct

1978
f 6 Vis of 1926 due 1957

(City of)

A Colombia

—

83

79

*34%

(Hukuang Ry)

{ACologne

109 y4

*100

80%

66 y8

1960

125

3

90

*83

40%

1962—\
Consol Municipal 7s 1960

107 Va

72

83

*83

62%

assented

106%

63%

80%

64%

1961

4

*67%

90

88

*65%

sinking fund

assented

7

63
—

si yB

*82

Jan-July

Mortgage Bank 6y2s
assented 1957

108 % 108 »/4

—

83

*82

38%

1963

$

109 Va 110%

.

(Kingdom of) extl 7s 1955
(City of) 6s 1958

80%

♦65>/4

A6%s

AChinese

Feb-Aup
June-Dec
A Berlin
June-Dec
{ A6%s external loan 1950
—April-Oct
{ABrazil (U S of) external 8s 1941—!
June-Dec
Stamped pursuant to Plan A (interest

JABavaria
Belgium

83

*831/4

1961—Mar-Sept
i
Mar-Sept
fund 6s 1962
April-Oct

AGuaranteed sinking fund

100% 100%

98%

82

65%

bonds 3s

sinking

assented

sink

A6%s

99%

*99}8

—

81

*82

♦39%

'

Called bonds

84

81

87

A 6s

1

101% 101%

77%

*65%

1962

assented

6s

AExternal
Extl

11

103

sinking

90

88

*86

fund 6s Sept
assented Sept 1961
sinking

84

Feb-Aug

assented Jan 1961

AExternal
A 6s

71

90

sinking fund 7s 1st ser 1957_April-Ocf

AExternal

2nd

A 6s

100%

*99% 100%

96

90

*39%

.

ARy external sinking fund 6s Jan

—

—

82

No.

♦83

April-Oct
Feb-Aug

1961

1961

—

--

82%

92%

April-Oct

1960

6s

1960

assented Feb

A6s
—

AExternal

7s

sinking fund

AExternal sinking fund 6s Feb
—

High

79

May-Nov

1942

assented

A 6s

Jan-July
Mar-Sept
Mar-Sept
bds 1978-Jan-July

Jan. I
Low

78%

High
88

90

external s f 7s 1942—_May-Nov'

(Republic)

{AChile

§ A7s

Agricultural Mortgage Bank (Columbia) —
§ A Guaranteed sinking fund 6s 1947
Feb-Auy
{AGuaranteed sinking fund 6s 1948
April-Oct
Akershus (Kingdom of Norway) 4s 1968—Mar-Sep
SAAntioquia (Dept) collateral 7s A 1945—Jan-July
{AExternal sinking fund 7s ser B 1945—Jan-July
{AExternal sinking fund 7s ser C 1946—Jan-July
{AExternal sinking fund 7s ser D 1945—Jan-July

1974

25-year 2%s 1975
(Dept of) 30-yr 3s s f $

Cauca Val

NY 1-1693

Broadway, New York

120

REctor 2-2300

2%s

25-year

Teletype

Members New York Stock Exchange

Telephone

3 Vis 1961

(Dominion of)

Range Since

Sold

*96

Sinking

Canada

Bonds

♦82

Brisbane

WERTHEIM & Co.

Friday's

or

Bid & Asked

*83V4

June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec
June-Dec

3Vis series No. 21

Foreign Securities

Week's Range

low

19—

3 Vis series No.

08% 104'/2

Sale Price

(continued)—?

3Vis series No. 20

1980

Last

Interest

,

'

Sale Price

Issue—

Corporate Stock

3%

7"

Range Since

York City

New

2

Friday
Bonds

Friday's

Low

Transit Unification

96

*94

.

Registered bond transactions.

RANGE FOR
'

Interest

BONDS

.

96

♦94

Week's Range

Friday
,

1962

r.ABL MARKS & C.O- INC.
FOREIGN SECURITIES SPECIALISTS

50 Broad

St., New York 4, N. Y.

'

Telephone HAnover 2-0050

Teletype NY 1-971

75

55!/4
48%
114 ye

27

28

(76)

The Commercial and Financial Chronicle

.

.

Monday, July 5, 1954

.

NEW YORK BOND RECORD
RANGE

Interest

Last

Period

New York Stock Exchange

Sale Price

or

(Dept of)

Czechoslovakia

(State)

1978

3s

Jan-July

Friday's

4s

extl

f dollar

s

dollar

German

s

55

BONDS
New York Stock

High
56'/2

44%

1

48%

*36%

99%

§ASao

43

37

"99% 100 %

I

-

.

1

87

83
65

58 V4

San

70

*65%

"5'

111

,

8s

§A8s

122

105

dollar

bonds

74%;

76 %

49%

50 %

'

68%

37

841/4

45

66

74%

613/4

3s

bonds

*55%

dollar bonds

57%

67-3/4

6734

69

97

63

803/,

June-Dec

(extl loan 1924 Dawes loan)
§A7s gold bonds 1949
German Govt International

49%

49

50 %

33;

45

571/4

__

1944

extended

to

part

paid

A6s

part

paid

gtd

series

Italian

ext

1964—

Public

f

s

B

7s

_•_

1965

39

'24

40

0

extended

18 %

151
—

f

s

bonds

$

§A4%s

small

98

97

99%

55%

16

52%

53

53

54

48

51

56

•

*93%

-*•

—

53%

1968

1899

523/8

81

56%

93

*101

IT

6

92%; 93%

34

87

137% 1373/4

93 %

1975———May-Nov

1

129

84a4

85%

145%

new

(1942

due

agreem't)

1945—

i

(1922

agreem't)

——

(1942

—_

agree't)

—___

3

new

of

assented

1910

(1942 agree't)

(assented

to

*16

17%

17

'4P*' '

17%

5

(1942

Vk,

*9

—

agree't)

(assented

~

9

10

agree't)

Stamped pursuant
reduced

ASecured

to

Plan

A

to

pursuant

Plan

16

15%

15%

f

s

1957

1956—.

sinking fund 4%s 1965
April-Oct
sinking fund external loan 1963
Feb-Aug
3%s sinking fund external
1957
i.__April-Oct
Municipal Bank extl sink fund 5s
1970—June-Dec
§ A Nuremberg (City of) 6s 1952
_Feb-Aua
Oriental Development Co Ltd—
/•*
1953

(30-yr)

extended

due

1958

(City)

1953

to

(30-year)

extended

to

1968

sinking fund 4%s

§ APernambuco

(State

of)

Stamped pursuant
reduced

to

loan

of)

extl

loan

extl

to

Plan

2.125% )

(Republic

f

s
s

6s

f

Mfg

2s

debentures
Co

of

3V4s

(Republic of)

A4%s assented

1959

series

2nd

series

Airlines

debs

94%

100 3/8

99%

102%

99% 100

8

99i/4

102

*123%

103

98%

~

137

123

71%
58%

~

131

1

82%

77%

—

37/sS

118%

_

71%

13

139%
84%

703/4

130

1966

*65%

—

58V4
40

553/4

1

—

—

65

64

10

13

■

55%

'

-.

65

*8%

55

65

10

5
mmm*

9%

10

'

■

8

13

6

8

64%

13

1975

Janeiro

Stamped

debentures

1961

T

to

to

8s

Plan

2.375%)

secured

1946
A

6%s

1953

Stamped pursuant
reduced
external

to

1921

to

2.5% )

1946

Plan

A

sinking fund gold

35

7%

12

3

93/4

Stamped pursuant to Plan

A

reduced to 2% ) 2012
external loin of 1926 due

Stamped
reduced

pursuant

to

to

2.25% )

Plan

7%

to

(interest reduced to 2.25%
)
IARome (City of) 6%s 1952
footnotes

see

A

paee

31.




|39

conv

3s

67%

79'%

2

68

*58%

—

72%

15

debentures

1969——.—

debentures

A

127

142%

—

56%

—

40

12

*53 Va

—

56%

35%

333/4

42

51

55%

31

—

100 Va

104%
100%

3

1043/4

107

18

IOP/4

99V2

93%
100

__

83%

85

113

96%
100

77%

85

725

62%

70

42

••91%

97%
98%

683/8

70

94%

95%

96

963%

32

93%-

91

91 %

42

87%

94 %

122

123%

141

1113/4

124%

25

92%

97%

W

Products Co

General

Stamped
Atlanta
Atl

&

49%
*58

1

4s

RR

mortgage

Gen

mtge 4%s

Atlantic

3%s

*40

—

*60

40%

98

1

49%

6

—

973/4

C

100

36%

45

50%

5 6 5/8

58

37%

40

60%

'

40 V4

62

3

37

401/4

T!

'

June-Dec

*40

41

Aprii-Oct

95

95

37%

~1

130 Va

1193/4

132

1183/4

1323/a

90

99%

102%

99J/2

96

96%

102%

993/4

123

983/4

103 '4

*93'/2

—

95

*102

__

,

91

103y4

101

*823/y

—

68

__

Mar-Sept

80

69%

7

101'/2 101 y2

__

1

__

122% 123

109%

Mar-Sept

102

66%

,1
12

101

96

1033/4
83

693/4
103

117

5

124%

111%

119

101'

118% 118%
*103% 105

June-Dec
1980.

103%'

1966——Jan-July
—Jan-July

109

109%

16

106%

102

109%

102

3

101%

104

104% 105

2—-—Jan-July
—

118

60

99

—

1979—

44

98%

—

A

99%

99

May-Nov

ser

99%
106%

953/8

98V2

April-Oct

1964

93

104 Va

.

1,175

101

1962_j-

1972—

10

46

128yi 129V4

100%

.

46

98

131J/2

I960——June-Dec

Refining 2%s debentures

Baltimore &

11

103 Va

105

99%

99%

99%

5

104 3/4 104%

Ohio RR—

4

103%

48

935/B

98%

76

99%

1035/a

96

100%
106%

•

mortgage 4s series A July 1975-April-Oct
mortgage 5% series B (4% fixed

First

and

97

97

973/4

103

1%

contingent interest) July 1975_April-Oct
Refunding and general mortgage 5% (2%
fixed
and
3%
contingent interest) —
Series G due Dec 1 1995—
;—June-Dec

Ref

and

103

1035/s

M

78%

78'/a

general

6%

mortgage

40

92%

97%

,

79

49

743/a

80

78%

78%

16

73%

79

78%

79

36

73%

79

90"%

90%

91%

35

86%

913/4

69%

691/4

69%

266

64%

71%

95%

971%.

973/a

86%

86%

86%

81V4

81 V4

78 %

'

(2%%

fixed

and 33/s% contingent interest) —
Series J. due Dec 1 199!%
June-Dec
%s convertible income Feb 1 2010—i.

May

Lake Erie &

West

Refunding, 4s series A
(3% '/p

div

first

1980

mortgage

fixed & 1%%

First

lien

and

ref M

Telephone

ABerlin

City

§ A 6 %s

f

s

s

Bethlehem

of

Pa

Industrial

4s

f

5s

May-Nou
5 %' ser

series

6s

debentures
debentures

D

conv

series

Loan

Electric

.

•

2%s

C

1960

1955.:

.

,

'

1985—Jan-July
1976—Jan-July

debs

April-Oct

1961_May-Ncv
April-Oct

1951

June-D^c

1959.'

93'/4

108%

(The)
&

Co

Maine

mortgage

2%s

86%

78%

83%

93%

5

31

1075/s

15

94%

98

77

—

—Feb-Aug

—

98
77

*83

3

90

.

—

.

72%

110

77

— —

*83

98%

debs

1981

935/b

1093/4
98%
110

79

113

99%

100%

41

97

30

98%

102%

10

97

101

76%

81%

101%

99 %

101 %

72%

72

72V4

33

76%
70%

75%

52%

52%

53%

97

517/a

59

*

101%

99

100

Mar-Sept

95%

101% 101%
100 %

.

98%

RR—

5s

series

First

AC

1967

mortgage 5s series II 1955
First mortgage 4%s series J J 1961
First mortgage 4s series RR I960—

Mar-Sept

80

May-Nov

!100

Jan-July
mortgage 4%s series A July 1970_May-Nou
Bristol-Myers Co '3s debentures 1968
Aprii-Oct
Brooklyn Union Gas gen mtg 2%s 1976—Jan-July

mortgage 3s 1980

89

April-Oct

AInc

1st

79%

Steel

Corp—N
mortgage 23/4s series I 1970
Jan-July
mortgage 23/4s series J 1976——May-Nou
Consol mortgage 3s series K 1979—
Jan-July

Boston

93'/4

6

\

108% 108%

98

Consol

Borden

23
55

A

conting int). 1980_jan-July

Bangor & Aroostook RR 4%s
Bell

".

Virginia—

Toledo-Cincinnati division—•.

First

41%
—

98y4

1053%. 106
'

__

Ry 33/4s 1963—May-Nov
A

4'/2S-4s

debentures

95

130

1995.
Line

..

130'% 131V8

1966

4%s

ser

94Vz

1303/4

<

.____—April-Oct

July 1

Line

95

Consol

—

—

5s

Charl Air

Coast

122%

Feb-Aug

1995

4s

-

"

>—

130'/2

1977—

Associates Investment 33/8s debs
Atchison Topeka & Santa Fe—

A6%s

35%

*68

40%

108

106

70

1977—_—.April-Oct
gold 4s July 1995
Quar-Jan

Arbor, first

P

Beneficial

38%

A

100%

94%
96%

Jan-July

.

■

--

105%

98%

1962—April-Oct
April-Oc£

debentures 3s

Nitrate Corp 4s
Anheuser-Busch Inc 33/8s debs

79

June-Dec

74

1033/4

—June-Dec

-r——.

Anglo-Lautaro

41%

__

June-Dec

2004—_

39

133

138

1964

1965

American Tobacco Co

42

,

May-A'oy

debs
debs

S'Western

(interest

Plan

conv

3%s

Pittsburgh
■
-_

—

June-Dec
1966

debentures

conv

3y2s

12

(interest

2004

stamped pursuant

33/as

15

2

(interest
1968

100 «/2

10

__

85

Mar-Sept

3

—

__

Mar-Sept

5

April-Oct

102%

99

38

*963/8

__

98y4

2000—

69

--

101%
8

99%

106

97%

1996.—

41%

—

April-Oct

_i.

102% 102%
100% 100'/2

__

105%

1

69

.

1999

1043/4

71%

99%

—

June-Dec

1

7%

72%

.

101%

101%

1043/4 1043/1

100y2

.June-Dec

March

138

Feb-Aua

84 3/8

100%

„

*74

__

————Feb-Aug
1963—__Mar-Sepfe

March

41%

(interest

113/a

77%

100'% 100y2

__

1971—

due

69

—-Feb-Aug

Stamped pursuant to Plan A
reduced to 2%)
2012
Rio Grande do Sul
(State of) —
§A8s external loan of

April-Oct

debentures

due

10%

*40%

—1

April-Oct

*102%

__

J—

June-Dec

Series' K

7%

(interest

2001—

83 %

142

—

100%,

.....April-Oct
——'

Series

A

Mar-Sept

>

—Jan-July

1987—.

A 4

1950

(City of)

pursuant

reduced

§AExternal

7s

153/4

6%

10iy410iy4
*103%

—

——Aprii-Oct

1986

18

(interest

§ARhine-Main-Danube

12%
130

COMPANIES

—

June-Dec

11%

103/8

7%

Jan-July
APrussia (Free
State) 6'/2s ('26 loan)
1951_Mar-Sept
A6s s f gold extl
('27 loan) 1952—
Apr-Oct

993/4
81%

101 %

58'/4

-

58 %

*65

..

65

reduced to 2.375% )
2001—Jan-July
stamped pursuant to Plan A
(interest reduced to
2.25%) 2006

95%

15

*81%

Feb-Aug

76

1003/4

36

—

*36%:

1966

9934

72

1970—May-Nov

1982.

First

Mar-Sept

^

94 %

*9838

INDUSTRIAL

AND

1980

debentures

■

*100% 101

jan-July
Plan

IOOV4

1013/4

7%

to

95%
94%

92

-

Telephone & Telegraph Co—

Gen

§AExtemal sinking fund
gold 8s. 1950—Jan-July
A4%s
1963

98

98 V2

137

.

90%
89

96%

5

1978—April-Oct

debentures

debentures

103

~7

*80 Va

-'

April-Oct

assented

41

102

101

*98 %

April-Oct

Porto Alegre

33%

1

*102 %

I960—June-Dec
1961—April-Oct

93
93

92 3/4

591

June-Dec

Ltd

debentures

Ann

*75/B

de

94 «/2

1967—_—May-Not
1972,.—Jan-July

1979-

3s

debentures

23%s

58

100%

—

*101 >4 104

1958

(City of)—
stamped pursuant

38V4

•

Mar-Sept

gold 6s 1940—

45

100% 100%

....April-Oct
§AStabilization loan sink fund 7s
1947—April-Oct
'A4%s assented 1968—

1961

May-Nov

debentures

Canada

100%

—

1956—Mar-Sepf
America 3%s 1964i_—.Feb-Aug

conv

3%s

101

9934

Mar-Sept
(interest
;

7s

1st

6s

A

2008

external

58

—

*101
101

_April-Oct

1947

99%

9

Southern

86

167"

166

*100

3%s debentures 1973—

531/4

34

40

*38

1003/4

May-Nov

1955

7s

147

79

81%

152

27/8s

94

53V»

—

*58

--

Mar-Sept

1958.——May-Wou

134%

1

144 3/8

*8

2%s

18 Va

92 V*

—

—

*38

Mar-Sept

1963

66

*11

debentures

2 3/4s

19

17 V4

—

*58

May-Noy
Mar-Sept

66

55%

81 Va

Bosch Corp 3%s s f debs 1964—May-Nov
& Foreign Power deb 5s
2030—Mar-Sept
junior debentures 1987
Jan-June

23/4s

A

3%s

60

66

143

144%

American

'

4s

§A6s extl loan

18%

*94

Mar-Sept

External

A5%s extl loan

17V»

*16 3/4

__Mar-Sept

Netherlands (Kingdom of)
Norway (Kingdom of) 4%s

For

3s

I6V4

*16 34

—

(interest
2008—

reduced to 2.125% )

773/4

73 %

67%

'140

Aluminum Co of

163/8

15 %

15%

1963.Jan-July

1959—Mar-Sepf

713/4

73%
66

"

—

Aluminum

(interest

2.125%) 2008—
sinking fund 6V2S

ex'l

Stamped

to

130 !/a

*65 Va

Feb-Aug
Feb-Aug

23%s

J-I.April-Oct

74%

121%

5

May-Nov

1958

23/4s

ASmall

§ A Poland

73 »/4

6s of '26 1961
.'—June-Dec
extended to 1971———June-Dec

Allis-Chalmers

...Jan-July
(1942

68

125% 125%

mortgage 3%s 1984
Mar-Sept
Albany & Susquehanna RR 4%s 1975——April-Oct
Alleghany Corp debs 5s ser A 1962..
...May-Now
Allegheny & Western. 1st gtd 4s 1998
_April-Oc£

1922

1933

assented

120

11

*161

external 7s 1959

--

new

1

72

„

*15%

.

to

126

126

71

(City of)

1961

American
•—

1013/a

1946"— Feb-Aup

RAILROAD

Jan-July

1963.Jan-July

§ A Milan (City of) 6%s 1952
Minas Geraes (State) —
ASecured extl sinking, fund
6%s 1958—Mar-Sept

1967

8s

Great

4.80s

1

100 Va

American

9%

.

:_j__

6s of 1913

1

13%

25

126

Power first mortgage 3%s

17%

16%

'

■

16%

16%

agree¬
:

assented

agreement)

7s

due

American

1968—Jan-July

1922

1945

new

16%

—June-Dec

§ ASmall

A7s

(City)

assented

Allied Chemical & Dye 3%s

I73/4

19%

10 Va

Valley (Dept of)

10%

16

15
11

71 y2

1979—-

1st

V'

92

87

is y2

100% 101%

May-Nov
External conversion 1979:
May-Nov
4s-4%s-4%s external readjustments 1978_Feb-Aug
3%s-AV8S-±ft(i external conversion 1978iJune-Dec
3%s external readjustment 1984.—
Jan-July
AWarsaw

17%

26%
149

10 Va

__Mar-Sept

1955

readjustment

56%

*16

91

10'/a

June-Dec

external

44%

27

15%
143%

♦—

June-Dec

Alabama

__

A6s

(Republic)

6

27

30

Mar-Sept

53%

—

21

Ltd—

1945

Valle Del Cauca See Cauca

(assentpd to 1922 agree't)

1954

§ATreasury

§ARio

f

s

1945 extended to

External

6s

1963_Jan-July

_

7%s

due

mtge

85

I

—

ASmall

8s

1st

Co.

30

—

26%

*„

Mar-Sept

1963

88'A

.

153/4

20

on

1953

to

193/a

1945—Quar-Jan

62

*147

Jan-July

sinking fund 6s 1960
AExternal sinking fund 6s 1964—
33/4S-4s-4y8s (dollar bond of 1937)

93%

Quar-Jan

_

73%

213/4

June-Dec

1952

coupon

ser

73%

"93/4

64%

20

21

Jan-July
1981————Jan-July

Alabama

§ ASmall

ANat

$

Power

80%

10%

87

22

21%

1

1952

1

1*9%

84

73%

June-Dec

1958-

AExternal

139

>.

assented

ment)

ANat

mtge

AYokohama

1968.Jan-July

73

Ltd—

to

38

26

87

59

73

*

extended

§ A Uruguay

159

_

1904

due

APeru

1962—

7s

1971—

53%

53%

.

5%s

1st

1953

§A7s

101

1943—May-Nou

__

Oslo

§A6s

A<4y2s

agreement)

ASmall

due

May-Nov
May-Nov

1962—

—

assented

ALarge.

6s

to

Co.

85

85%

77%

87

723/4'

—June-Dec

85

*24 %

Jan-July

Large

A4s of

A 6s

external

sterling loan of '12

Ujigawa Electric

'

155% 157 Va

64

Tokyo Electric Light Co Ltd—

95%

Large

§ ASmall

A4s

1962

extended

§AWith March 1

—

95%

55

53%
*95 Va

__

4s

f

14

*84

April-Oct"

external

s

1971

79

(interest

A

(City of)—

§A5s

6s

—

A4s

1968———Jan-July

1958_

(40-yr)

due

70

77 y2

♦70

% s extl loan of '27 1961
—J-April-Oct
5%s due 1961 extended to 1971——April-Oct

56%

Feb-Aug
May-Nov

1978

§ ASmall

§A

75

—J&n-July

'

Plan

extended

Power

2

79

♦79

--

of

A5s

A5y2s

45 '/a

55

Feb-Aug

(Republic of)—

§A

1952

(Prov of)

Electric

5%s

Tokyo

1943

assented

ASmall

§A5s

external

assented

Taiwan

123

104/

'

—

.

55

June-Dec

.

—

to

Jan-July

Sydney County Council 3y2s 1957—

493/a

19 %

Jan-July

Jan-July

1954

due

A4%s

101 %
100 %

62

43%

35 Va

%

*105 Va 107%

(State Mtge Bank) 7s
1957—April-Oct
(Colombia; 6V2S 1954——
June-Dec

A New

§A

42

39 %

Jan-July

„

Mexican Irrigation—
§A4%s assented (1922

§A5s

6%s

164%

98%

78

(Kingdom)—

series B secured

7s

1977

1952

Jugoslavia

Mexico

100 %

156%
100

100

Mar-Sept

f 3s

s

A6%s extl loan of

3s

1623/4

Jan-July

1977

6%s due 1954 extended to 1964
A5%s extl loan of "30 1965

30-year

1623/4

*164

April-0ct

(Kingdom of; 7s 1951—'
Japanese (Imperial Govt) —

A

953/4

April-Oct

§AItaly

AMedellin

102%

Utility Institute—

§ A External

due

82%
763/4

*100

Feb-Aug

—

1947.

30-yr gtd ext

5%s

97

49

*163

...May-Nov
—

3s

94%
85

59

*92

—Mar-Sept""

2012

A7s

50 Va

(interest

A

2004

to

58

(interest

1956_

loan

2%)

55

A

A 5

Italian Credit Consortium for Public
Works

§ A7s

93%
83%

..Feb-Aug
Feb-Auy
—Jan-July
—Jan-July

—

§ A Hamburg (State of l 6s 1946
Helsingfors (City) external 6%s 1960
Italian (Republic; ext s f 3s 1977.:

30-yr

to

secured

ASilesia

June-Dec

1954--

1968

dollar

pursuant

High

60

Shinyetsu Electric Power Co Ltd—
§ A6%s 1st mtge s f 1952—
———June-Dec

—

....

§ A 6%s 1st & gen mtge 1950—
6%s due 1950 extended to I960Greek Government—
A7s

93%
83%

April-Oct

(Young loan)

5%s loan 1930 due 1965——
Great Consolidated Elec Power—
§A7s 1st mtge series.A 1944
A

2.25%)

Low

1957—May-Nov

1999

Serbs Croats & Slovenes

—

—_

ser

Stamped

67

_June-Dec

.__

1972.

German

7s

to

external

Jan. 1

No.

(interest

May-Nov

loan

Range Since

Sold

57

Jan-July
-—__Jan-July

2.5%)

water

A8s

1980---———

Plan A

1950—

•

to

reduced

65

1

55%

—

International loan of 1930—
dollar

external

external

573/.

58

29

62%

sinking fund
to

Bonds

High

-May-Nov

pursuant to
Plan
reduced to 2.5%)
1999.

reduced

——Apr-Oct

-

Friday's

Bid & Asked

(interest

2001

Stamped pursuant to Plan
A 6s

3s conv & fund issue 1953 due
1963—Jan-July
Prussian Conversion 1953 issue—
4s dollar bonds 1972

2.375%)

stamped

reduced

—April-Oct
April-Oct

10-year bonds of 1936

5s

to

Stamped pursuant to Plan A
A7s

1969——.
1972

or

Sale Price

May-Nov

to 2%) 2012
(State of) —

1936

(Federal Republic of) —

5%s dollar bonds

1952

8s

secured

(interest

17

13 %

*13
111

extl

Paulo

65%

External loan of 1924
3s

(City)

Stamped pursuant

r:>

*72

1976

Week's Range

Last

Period

reduced

v

...

1

Jan

Paulo

A6%s

104%

99%

10

1976

bonds Jan

Interest

Exchange

Low

reduced

.

bonds

2

Stamped pursuant to Plan A

Jan-July
1976—-Jan-July
Jan-July
A Estonia
(Republic of) 7s 1967—
Jan-July
JAFrankfort on Main 6%s 1953——
.May-Nov
f dollar

f

extl

Low

—

bonds Jan

s

3s

JULY

Jan. 1

No.

—

(Republic of)

3VnS extl

ENDED

Range Since

Sold

High

*53%

Stamped assented (inteiest reduced to
6%) extended to 1960
.——April-Oct
Denmark (Kingdom of) extl -4%s 1962
April-Oct
El Salvador

WEEK

Friday

Bonds

Bid & Asked
1,010

Cundinamarca

FOR

Week's Range

Friday
BONDS

Jan-July

*100% 101 Va

97%

97%

100

92%

78

101%
98

Number 5339

(Volume 180

The Commercial and Financial Chronicle

...

(77)

■j-rt

29

NEW YORK BOND RECORD
RANGE

Friday

Week's

Interest

Last

Period

BONDS

Sale Price

New York Stock Exchange

Buffalo

1971__

3%s debs

Co

*100%

1975_May-Nov

96%

88

Terminal

Co

Bush Terminal

A5s

Cons

May-Nov

88;'

1955.,

—Jan-July

100%

5s

101 Va

94%

1982—

general mtge income

84

99 VB

85%

90

0104

101

100

104%
89 V2

Continental

81 Va

90

Co

3%s

3s

Oregon Power 3%s

first

Power

Canada Southern consol

*__

May-Nov

gtd 5s A 1962

'II

April-Oct

.

-

A 1st

Cuba

107

Guaranteed

gold

Guaranteed

gold 4%s 1955
4%S 1956

Canadian Pacific

Celanese

debentures- 1965

Corp. 3s

debentures

Central of

debentures

106 Vi

Georgia Ry—
4s

•

-

series

Low

*99>

103

High

99

*104

May-Nov

IOOV4

103%

•

101 Va

104

1966 May-Nov

98

98

1

91

June-Dec

35

35

2

32%

36

21%

23

13

20

23

*24%

27

25%

28

*24%.

28

25%
24

27%
28 Vi

94%.

99%

1970

(1942 series)

98%

RR—

1st

mortgage
lien
lien

AImp

&

ref

&

ref

ser

A
B

—June-Dec

1970—

ser

4s

1970.

4s

21%

—Jan-July

1970

30

June

4s

equip

&

June-Dee

26

—June-Dec

1970

4s

Jan-July

York

'

26

Deere

97%

97%.

Delaware^ Lackawanna

99%

*99%

10

I""

*102%

A Income

100'A

Morris & Essex

v.—.,

87%

54%

88%

'■53%

*82%

—April-Oct

HI

79%

74

86

'

47

75 Va

177

54%

66 Va.

51%

5

98%

100% 101

.

103

v;

*101%

Denver

101%

First

101%

_T".:

99%

99%

101'A

97

*101% 102%

Feb-Aug
Jan-July

*124

99%

96%.
117%

127%

•

127

M 3%s series D 1996—May-Nov

102 %

102% 103

33

97%

102 '/2

102% 102%

12

97%

103%

105% 106 %

16

•

103 %

1996—Feb-Augr
Refund and impt M 3%s series H 1973—June-Dec
R & A div iirst consol gold 4s 1989
Jan-July
Second consolidated gold 4s 1989
Jan-July
Chicago Burlington & Quincy RR—
series E

3%s

M

r

'General

1958

4s

Mar-Sept

—

106%

*110%

104

104

99

99

98%

"9V/u

—iApril
May-Nov
May-Nov
Jan-July
—April

First mortgage 3%s series B 1985
Chicago & Erie 1st gold 5s 1982
Chicago Great Western 4s ser A 1988

AGeneral inc mtge

4Vis Jan 1 2038

&

3s

99 %

April
A Jan 2003—-April

mortgage 4%s inc ser

86%

80%

90%
86%

74

86%

Detroit

98

80

93

79

79

73%

80

*68%

70

63%

69

*64%

'

—

66

59%

65'/a

1st

~2

mortgage

100 Va

101%

1st

mortgage

6

97 Vb

1

79%

5

99

102 Va

95

95%

80

II
93%

82

—

5

100%

104%

2

93%

99%

99%

102'A

102%

64

100'%

104%

95'A

21

92%

104

98%

98%

*102'A 103

Jan-July
102%

June-Dec
1982—May-Sept

94%

June-Dec

122'A 122%

1961—May-Nov
2%s ser B 1976_Mar-Sept

—

105%

105

-

103

93

105%

83

27
'

*87'/a

71
——

■

—

105'A

124.

71

_

74

*72

159

109 y4

77

*72

105'A

141%

"2

159

159

122%

97'A

104'A

—

159

1995—June-Dec
June-Dec

gold 4s

98

95

96

*104%

>•

.-Feb-Aug
lien

94%
*95

-r—Mar-Sept
May~Nov

102

88%

99

99

18

107

333

100%

23

997/b

97'A

106

94%

103%

117 Vb

101'/a 101%

—

85%

84

100'A 100'A

104

April

1969
first

& Ironton RR

Tol

130

85%

*94%

Detroit1 Terminal & Tunnel 4%s

*92

1

..

.

1

gold 4s 1995

*125

1
--

90

„

*88

••

—Jan-July

K 1976

ser

debs

Mack

&

90

80

100%

124

Dow

debentures

Chemical-2.35s

May-Nou

1961

w

'

Chicago Indiana & Southern Ry 4s 1956—Jan-July

'

H

series

3%s

conv

72 »A

~

convertible debentures 1958

3'As

101-

'■(

mtge 2%s ser J 1985.

ref

•

RR^—

Western

debs 1982

3s subordinate

Light

Jan-July

,

2%s

mortgage

Co
25/8s

1979—

1st

mortgage

2%s

1980

Duquesne

1982

3'As
35/8s

107

1983

96%

96

Feb-Auy
April-Oct
Feb-Auy
—Mar-Sept
Mar-Sept

1977—1

1st

Chicago Indianapolis & Louisville Ry—
A 1st mortgage
4s inc series A Jan 1983
A 2nd

&. ref

Detroit

85

91%

92%

*85%

1985

mortgage

Gen

__

85

77%

89

90

May-Nov

1973

3s

(3% fixed
contingent interest) 1993

Second

mortgage inc conv 5s 1997

96%

70

92%
*71'A

92%

May

1970
General and. refund 2%s series I

Chicago -& Eastern 111 RR—<•*
AGeneral

89'A

97

103

seriesi, A

mortgage

1%

101

93

99

*95%

103%

May 1 2042

Light

&

Detroit E'dison- 3s

106%

103

4-6s

Rio Grande

&

Gen
104

Feb-Aug

3s 1990—

116

trust

Power

Income

106%

104%

103 VA

101'%

101

division

Denver & Salt Lake—;

*101

First and refunding mortgage 3'%s 1985--Feb-Aug
.-".First and refunding mortgage 27/8s 1970—Feb-Aug

1st & ref mtge

104

__

,99%

10

(3%
fixed
1% contingent interest)
1993—
Income mortgage series* A (4%%
contingent, interest 2018
1

%
Mar-Sept

10

103

May-Nov
April-Ocf
First mortgage and coll-trust 3%s 1977^Juue-Dec
First mortgage and coll trust- 27/8s 1979_Jan-July
1st mtge & coll trust 2%s: 1980
Mar-Sept

55%

——

,

101% 101%

Div
1973—Map-Nov

C

mtge & coll tr 4'As ser B

1st

Delaware

__

'

1043A

103

*100

Pennsylvania Division—
1st mtge & coll tr 5s ser A 1985——_May-Nov

90

85

__

*94

99

99

_I

*104

96

96

1

^

May-Nov

mortgage due *1993—

Collateral

100

100

«

v

96
;.

Western

&

Mr 5s series

refund

and

First

100 %

'1

97;.

96

& Western RR Co—

Lackawanna

York

New

lp3%

98

"7

96

.—April-Oct
—Jan-July
1963

Hudson

&

96

—

1977i_a^
4s extended

debentures

98

~j~_ '

6

98%

92,

5

Delaware

3%s

1965-,

debentures

69

94%

94%

72'%

*

2%s

Co

&

107

64%

94 %

94'%

73%

4%s- 1992—1.—
and impt

94'/2

94y2-

Jan-July

3%s series B 1968
Champion Paper & Fibre deb 3s 1965
Chesapeake & Ohio Ry<—
and impt

102

97

*96'A

,

First

104%

7~

~~

mortgage

Refund

1

__

68%

1974——__Feb-Auy

3'/2s series A

Refund

106%

103

77

May

1974

3s

Power

Central Pacific Ry Co—

General

.

104%

2020

1

mortgage 4%s series B Jan
Central RR Co of N J 3 'A« 1987

refund

104

2(120—i_May

mortgage 4'%s series A Jan 1

New

__

1975—April-Ocf.
Jan-July
mortgage 3s series A 1978
:
June-Dec
;
First mortgage 3'As 1982—
—Feb-Aug
Dayton Union Ry 3'As series B 1965
.—June-Dec

Dayton Po.w,er & Lt first mtge 2%s
First
mortgage 3s 1978

.

1995_

A

AGen

First and

*105%

*66%

I960-—-,

A Gen

-

108%
105%

104%

100% 100%

Feb-Aug

1960

(1947 issue)

mortgage

First

106'%
103 VB

*106%

Feb-Aug
§ACentral Branch U P 1st gold 4s 1948—June-Dec

Central

a

Jan. 1

No.

108 Va

104% 104%

April-Oct

1976—

3'As

Corp

3'As debentures

.

105 Va

108% 108%

104%

June-Dec
—._Feb*Aug
April-Ocf

Carthage & Adirondack Ry 4s 1981:
Case (J. I.) Co 3%s debs 1978—_.

First

10

107 V4

Ry—

(perpetual)
__Jan-July
Capital Airlines Inc 4s: ser A I960——Mar-Sep£
Carolina Clinchfield & Ohio 4s 1965__—Mar-Sept

3'%s

95%

107

.

consol debenture

Celotex

96

93%

*94%

1957—_———Jan-July
108%
June-Dec*-' *
—-Feb-Aug,

4'%s

Guaranteed, gold

4%

93%

97

Range Since

Sold

'

•

4s

Bonds

High>

April-Oct

1977

debs

mortgage

A 1st

100

Friday's

er

Bid & Asked

National Ry—

Canadian

,

June-Dec

1976

1974

f

s

Northern Ry—

A 1st

Electric

California

Week's Range

Jan-July

Baking 3s debentures 1965
Continental Can 3%s debs 1976—'

A

California

Last

Sale Price

Low

Cuba

104%

103%

89%

Period

Crucible Steel Co of Am 1st mtge 3%s

1

10

Interest

BONDS

High

101

—

100 % 100%

April-Oct
—Jan-July

Bu.ldings 5s gtd 1960

2

New York Stock Exchange

Crane

1957—;

modified 4'%s

Stamped

JULY

Jan.1

Buffalo Rochester & Pittsburgh Ry—
Bush

ENDED

Since

Low

No.

96%

87

'

Sold

High.

Jan-July

Niagara E'iec first mtge 2%s

WEEK

Friday
Range

Bonds;

Bid & Asked
Low

Brown Shoe

FOR

Range

Friday's

or

108

99'A
94

——

*103'/a

97%

98%

105'%

105'%

106

107

103%

104%

140

*97

94

„

97

*__

142

—

__

__

Chicago Milwaukee St. Paul & Pacific RR—
First

4s series

mortgage

General
4 Vis

Jan-July

1994—

A

4%s. inc ser A Jan 2019—April
series B Jan 1 2044
April

mortgage

increased

conv

Chicago & North Western Ry*—
>
*
Second mortgage conv inc 4Vis Jan 1 1999_-April
First

Jan-July

series B 1989
Chicago Rock Island & Pacific RR—
1st

mortgage

mtge 2%s

Chicago

3s

ser A

57

3

65 Va

75

East

54 %

60%

Edison El 111

53%

58%

Elgin Joliet & Eastern Ryi 3'As 1970
El Paso & Southwestern first 5s 1965

72 Va

80%

233

57%

*77%

—

mortgage

*95%

'

93

69'A

36

66%

Railroad

68%

69%

71 %

69%

..

"V '

General

;
71%

First

mortgage

Chicago &

2%s series

Indiana

Western

coll

1st

trust

1963-

G

RR Co—

*—

First

27/8s

mortgage

Cincinnati

1978

C

gtd 3%s

mortgage

2%s series G

I

Financial

T

•4s

series E
1974

1959-

Corp 25/as

debentures

1969—Feb-Aug
Feb-Auy
April-Oct
Jan-July
Jan-July

1960

Cities Service Co 3s

f debs

s

1977

99%

*105%

100

99%

96 %
*

94 Va

Fort

gold

4s

1993—

5s series

Cincinnati Wab

Div

Mich

&

St Louis Division first coll

97%

100%

103%

106%

94%

99'A

§A7s

94 VB

§A6%s debentures

93

—

99

"

Cleveland

Electric

1st

4s

1991—Jan-July

,

98

Illuminating

mortgage

3s

3s

85

67

66%

68

*94%

102%

Columbia

Gas

102% 102%

19

101

1

97

debentures

series

A

series

B

1975,.

3%s debentures

debs

Elec

1

Edison

97%

4

96%

11

-April-Oct

series

L

1977

mortgage

3s

series

N

1978.'—

sinking fund debentures

2%s

s

debentures

f

1999

1999

debentures

f

105%
102 Va

Great

-96

„

113%
—

Consolidated

Cigar

Consolidated
First

99%

April-Oct
———April-Oct
^April-Oct

99%
*—

•

105 %

General
General

mortgage 2%s series R

\

101%

of

99%

102%

94%

100%

91%

91%

98%

and

refunding 3s

First

and

refund

First

and

refund

1st

ref M

mtge

H

ser

3s

&

ref

M

3%s

&

ref

M

3%s

ser

convertible

1st

ref

1st

ref

1st

El

ref M 37/8s

27/8s

T

ser

I

3 Vis conv debs

ser

Y

cum

in

U

S

Consumers
1st

Railroads
inc

debs

2

95%

98%
96%

103

100%

100

100%

28

96 Va

102%

103 %

103% 103%

5

100'A

105%

Feb-Aug
May-Nov
Feb-Aug

.-

-Jan-July
June-Dec

(Bait)

2%s

dollars)
Power

mortgage 3%s

For

footnotes

see




91%

•

104%

104% 105

96 %

103

__

12

104'/a

106%

5

104%

106 Va

*175

—

9

164

—

*99% 101

176

—April-Oct
—_Jan-July

99%
*—

—June-Dec

99%
97%

.

—

103%

100%

94'A

99%

106
31

to

mtge 27/8s

105'A

95

6

95

95

146%

2

98'A

101'%

2

116%

126:
116%

3

100 % 100'A

125% 125%

100%

94

131%

145% 145%

1

111

96 Va

96 '/b

20

88

93

94

16

91

96'A

91

91

4

85

94

116

*82%
96

96

*75'A

18%

18%
104

*96'A

116

73

83'A
10

96

—

—

84

99

83

94%

97%

70

75

15'A

22.

—

19%

.

40
1

104

101

89'/a

98

105-

96'A

100

*102

84

84

14

102'%

*75

84%

--

*91%

9~1

95

98

*100'% 101

*11

June-Dec
——May-Not;
—June-Dec
June-Dec

104

—

II '

98%

92 %
98

101%

II

II

99

100

*100

—

—

;

37/bS debentures 1958—:
4 %s

debentures

1975

1968

Hudson Coal first sink

Hudson

&

Mar-Sept
Jan-July

100%

12%
100%

*105% 106

31.

\

_•

137%

*119%

Jan-July

—Jan-July
Jan-July
^-Mar-Sepf
Mar-Sept
Co 3'As 1967—June-Dec

*125

97%

1970—1

—

5s

A

90'%

93%

106

188

190

135%
126%

94'A

5

98%

103'%

97%

106

94

118%
114%

—

126%

*103 % 104

106

104%

105%

107%
190

10

151

85

85 %

22

67

Feb-Aug

54

53

54

37

47

57

——April-Oct

20

19%

20

92

15'A

23

1981—Jan-July
June-Dec

96

fund 5s ser A 1962_June-Dec
first

1957

AAdjusted income 5s Feb 1957

93

I

99%

Illinois

102'A

104%

First

107

Illinois

Bell Telephone

mortgage
Central

67

11

46

96 Vb

105%

14%
101 %

107

3s

2%s series A
series B 1978

95%
*100

96
102%

RR—

mortgage 4%s-3%s ser A

1979—May-ZVou

mortgage 53/8s-3%s series B 1979-May-Nou
Consol mortgage 3%s series C 1974——May-Nov
Consol mortgage 37/8s series E 1982-—-Feb-Auy
Cons mtge 3%s series F 1984—
Jan-July
Consol

99

Manhattan

93%

1976—Mar-Sept

Mining

Household. Finance Corp 2%s

Consol

12%

—

H
first mtge 2%s

Corp 6s 1949
Hocking Valley Ry first 4'/2s 1999—
§ AHarpen

105'A

—

payment

April-Oct

1983

105:

104%

107%

117%
98'%

100%

*__
.■

133%

*—
—

131

99%

96%

5

*105'A 105%

133%

April-Oct
—June-Dec

95%

Cuba—
as

:

mortgage 3%s

Hackensack Water
.

105%

106%

105% 105%

106

--

1st

Houston Lighting & Power

May-Nov

page

96%

16

*99% 100'/a

Jan-July

1963—

2001

first

%

95'A

—

1

1986.

94%
*94

__

1979__Jan-July

1983

of

2%s 1979
2%s 19801981
1st mortgage 3%s 1982
1st mortgage 3%s 1983
mortgage

mortgage

104%

103'A

Jan-July
June-Dec

s

103 Va

101%

April-Oct

3s 1978^
1969

1051

71

—Jan-July
1976—May-Nov

1st mtge

126

103%

103'/a

—

X

debentures

11

•

1968i

Utilities 25/8s

First

100'A

7

1963:

Power

ser

(stpd

3s

97'A

98'A

1978

A 3s

States

135

116

69

1975.
Jan-July
July 2015——April

3%s series D 1969_April-Ocf
mtge inc 4s series B Jan 2044
April

148

119

137

refunding

Collateral trust 3%s

95

91%

102%

June-Dec

37/8s debentures

91%

__

98

1976

Consolidated

--

102

—Mar-Sept

1981

Gas

debentures

i

—Feb

—

_2

124;

103% 104 %

refunding 4s series B

and

General

103%

102%

1967

Natural

102%

1972—-May-Nov

1983

1976_.

U

& Ohio RRr—

and

First

1984—

&

mtge s f 2%s,

Consolidated
3V4s

Lt

ser

27/8s

/ *94%

13

94%

F 1-981
—'

ser

debentures

Gas

ref M
M

J

103%

103

1982_ Mar-Sept
B 1911-April-Oct
C 1972_June-Dec
A

1982_

series

1st

1st

ser

1981

G

1st

3s

ser

series D

mtge
ser

ref M 33/sS

Consolidated

April-Ocf

ser

mtg.e 3s series E

3 'As

B

General, mtge inc 5s series A
First

95

95%

t'

certificates

A Debenture

First

103%

1

York—

First

1st &

—Feb-Aug

1965—

3%s

New

First

&

1961

A

2%a
and refund mtge 2s/8s
and refund mtge 2%s

First

Bay

2010---—Jan-July
1961-—Jan-July
& .West debentures ctfs A———-—Feb

132

146

103% 104%

mortgage 25/8s series Q

104%

First mortgage

series

100

104%

103'/a 104%

Jan-July

1:13%

94%
f

92'A
103

96 V.

104'%
101%

104

mortgage

98%

101 %

*94%

100

103%

103%

mortgage

General

34

99%

*93%
—

—

104 7% 105

Jan-July

1973

99%

General

Gulf

Corp

Edison
refund

and

—April-Ocf
1965.-—May-Nov

100%

104%

101% 101%

289

127% 127%
*119

3%s series N 1990—Jan-July
3%s series O 2000-^—Jan-July
General mortgage 2%s series P 1982—,—Jan-July

100%

101 J/a

101%

June-Dec

2001

3%s

Power

C

100%

Anglo-Lautaro Nitrate
River

series

5s

7

A Green

Feb-Aug

2

100% 100%

*143

Mar-Sept

109%

112% 113%
*104

-

99%

97'% 100

Northern Ry Co-^

deneral

99%

Compania Salitrera—See
Conn

Utilities--Corp—
debentures 1969

income

conv

Gulf Mobile

3s

s

A 4s

95%

*—'101

—

100%
96

*105

Good Hope

Co—

mortgage

3s

General Realty. &

—May-Nov

First

2%s

Jan-July
——Mar-Sept
3'As debs 1979——_Jan-July

1958—1

Steel & Iron Works—
§ A7s s f mortgage 1945—
—
Goodrich (B F> Co first mtge 2%s

96

1955—Feb-Auy

First

'

97%
96%

1970—May-Sept

1st.mortgage 35/8s 1983*.
:
& Toledo first external 4s

Commonwealth

debentures

General Motors Corp

104%

97%

96%

'64—May-Nov

'551

3V4s

Columbus
*

99%

97%

1

aft Jan

Ohio

4s

37/8s debentures 1961——i

102

95

June-Dec

i

1977

G

ser

(conv

South

&

<"

100

—_—^Feb-Auy

1975

debentures

3%s sub

debs 1976
Motors Acceptance Corp—

General 4%8' series D 1976

3s

100%

May-Nov
Jan-July

1948

104.;

104%

*97% 101%
98'%

General

81%

System Inc—

'3s

Columbus

debentures

68%

91

First

dl

3

103%

*96

June-Dec

1940-

95i

62

12

„

100% 100%

1982

103

*102% 103%

Jan-July.

1945.;.—;——J

debentures

§A6s

101'A

,

70%

74

80%.

88

G

87%

101

78

88'%

82%

—

80
94

87'%

99

72'A
94

42

78 '/a

(Germany) —

General Electric Co

99%

81

8

*101

78

1990_May-Nov

1970—Jan-July
June-Decmortgage 234s
1985—
—Mar-Sept
First mortgage 3%s
1986
June-Dec
Cleveland Short Line first gtd 4'%s 1961—April-Oct
Colorado Fuel & Iron Corp 4%s 1966
June-Dec
First

85

June-Dec

1977—Jab-July

trust 4s

&

General Foods Corp 3%s

June-Dec.

_

1993-—1——_

B

land

Worth

103%

'

99

111
109

100

Cleveland Cincinnati Chic & St Louis Ry—

Refunding and impt 4'%s series E

May-Nov
1959——June-Dec
refunding 5s series A 1974—Mar-Sept
Denver Ry Co 4%s 1982
May-Nov

1

96%

*88

1977—J

3'As debentures

25

99% 100

%

"

*88

Jan-July

1972

94'A

18

105 % 105%
96

May-Nov

1961

debs

Rubber 3s

&

66

99

77'%

103'%

109

108%

——

111

*95

series

3 %s

mtge

{Florida East Coast first 4%s

105%

102

__

98%

1966--7—June-Dec
'City Investing Co 4s debentures 1961^—June-Dec

General

77%

mtge 3%s series G

debentures

2%s

100

95

98%

City Ice & Fufel 2%s debentures

General

Tire

Firestone

107%

95%

41

A First

mortgage

First

*109

F 1990—Jan-July
2000
Jan-July
Division first mortgage 3'As 1971—Mar-Sept

First consol

Terminals-

Union

First

April-Oct

'

98%

101 %

105%

—Jan-July

:

April-Oct

"•

104

98%

100%

'107

ser

145

*110% 113

4%s ser A Jan 2015
April
3'As series E 196.4_April-Oct

Mtge inc

consol

First'

>

...

A 1982.
May-Nov
Cincinnati Gas & Elec 1st mtge 2%s 1975_April-Oct

4%s

mtge

100%

101% 103

Jan-July
Jan-July

1963—

2

104

*102% 103%

Co-

74

__

71

104
*140

104

—Mar-Sept

1—,

1965

98

4

stamped

Ohio

3'As series F

Georgia div first 5s 1956_May-No«
first cons gold 5s 1995-Jan-July

(N Y)

5s

Chicago Union Station—
First

Va &

Tenn

First consol mortgage

——-Jan-July

,2%s-4'As 199,4

__

Ry—

2%s-4'As 1994-Jan-July

First and refunding mtge

Income

*

119

Erie

Southeastern

&

60%

;■

75

59%

57%

V

102%

74%

--

-1——-Jan-July

1980

Haute

Terre

102

74%

*103%

98

102%
106

103

105%

102

103%

—

—

103% 103%
*102

98%
102%

*106

*103%

93%

101%

105 %

102

102

30

(78)

The Commercial and Financial Chronicle

.

.

Monday, July 5, 1954

.

NEW YORK BOND RECORD
RANGE

Friday

BOND S

Week's Range
/or Friday's

Interest

Last

Period

New York Stock
Exchange

Sale Price

Bid & Asked
Low

Illinois Central RR

Refunding 4s
Refunding 5s

(Continued)

___May-Nou

1955——
1970

6s

series

§AAdjustment
AFirst

5s

AFirst

A

6s

gold

5s

C

1986_June-Dec

1972—

3.65s

conv

1952

112%

July

C

Jan-July
April-Ocf

1952

1956.—

& Chemical

debs

121%
113%

mortgage

33/4s

97%

107

51

61

5

97

97%
100

82

87%

Mar-Sept

1978

*__
*__

96%

96

1976—Mar-Sept

96

1

92%

98
N

1st mtge 4s 1990
City Power & Light 23/4s 1976
mortgage, 2%s 1978

1st

,

mortgage 2%s 1980—
Kansas City Southern
Ry 4s ser A 1975
1st mortgage 3%s Series B 1968
Kansas City Terminal
Ry 2%s 1974

ApriZ-Oct

*86%

June-Dec

*__

99

*99%

.

June-Dec

1047/8 105%

April-Ocf

*98%

Plain

Vis

1961

:

1961—

Kings County Elec Lt & Power 6s 1997
Koppers Co 1st mtge 3s 1964—
&

Toll

103%

5s

certificates

1959

Y

Lack

99

98%
116

98%

170

161%

102 % 102%

2%

&

Lehigh Coal & Navigation 3!/2s
Lehigh Valley Coal Co—
1st

&

ref

5s

stamped

&

ref

5s

stamped

1974

Feb-Aug

Series

A

4s

B

4%s

fixed

interest

fixed

2003—

interest

Series C 5s fixed interest
A Series D 4s
contingent

2003_

85

5

6

50%

12

86

Y

83%

67%

69

37

77

interest 2003
May
4'/2s contingent interest
2003—May
ASeries P 5s contingent interest 2003
May
Lehigh Valley Terminal Ry 5s ext 1979
April-Ocf

77

77

1

62

69'A

69'%

74

78

65%

24

/ 56%
'63%

Little

& Eastern

Lorillard

(P) Co 3s debentures
debentures 1976

3s

90%

Ry first 5s 1965—ApriZ-Oct
1962
—May-Nou

100

3%s

ser

P

2003

ser

G

2003

April-Oct

ser

H

2003

102%

April-Oct

mtge 27/Bs

April-Oct

First & refund
mtge 3%s
St Louis Div second
gold
Atl

1st

mtge

3'/8s

mtge

3'/8s

1980

1984__

Cincinnati Div 4s 1955
Louisville Gas & Elec 1st
mtge 2%s

;

w—

102% 103

&

89

90

Electric

Corp

*104%
*—

May-Nov

101% 10132

1979—May-Nou

*—

Feb-Aug
Feb-Aug

(R H)

&

Co

mtge

22

1972

May-Nov

*98%

McKesson

&

Robbins

84%
*64 %

3Vzs debs

*95

*100%

Jan-July

First

mortgage 4 !/2s inc series A Jan
AGenerai mortgage 4s inc ser A
Jan
Kansas &• Texas first 4s 1990
lien 5s

series

99

40-year 4s series
Prior

lien

ACum

4%s

B

1962.

5s

First and

AGenerai
A
■

First and

AFirst

and

Jan-July

98%
94%

—

A

and

84

101%

1965—-Feb-Aug

1975

-Mar-Sept
refunding 5s series* F 1977—Mar-Sept
refunding 5s series G 1978—May-Nou

refund

gold

5s

H

95%

—April-Oct

Ohio

debentures 1958—_Map-Nov
first gtd 3%s 2000—
June-D^c
Construction mortgage 5s series A
1955—May-Nou
Construction mtge 4%s series B

Mountain States Tel &
Tel 2%s 1986
3 Vis debentures
1978.H
-

.

Nashville Chattanooga & St LouisFirst mortgage 3s
series B 1986—-.
Dairy Products 23/4s debs 1970
3s debentures 1970

National

1976

Natl

Distillers Products 3%s
debs
3%s s f debentures
1974—.
National Steel
Corp 1st 3'/8s 1982
National Supply 2%s

debentures

England Tel

3s
3s

New

&

guaranteed

debentures
debentures

Tel

4%s

IIII~"
1974—1
"I

series

B

27

100%
94 %

98%

6

89

94%

29

%

75

1974

footnotes

see

102%

.June-Dec

63%

2

40
3

7

91%

-April-Ocf

—IIIIIIIIIHIII -Mar-Sept

nape

31




—Jan-July

101%

100%

97%

99%

1

98

102 % 102 %

10
19

11

71

21

77

77%

67%
15

74%

98%

74%

104% 104%

A

104%

104%

104% 104%

Jan-July

104%

104% 104%

18

104%

105%

104'A

104% 104%

17

103%

106%

93%

98%

2%s

3

105%

103%

'

1974—Feb-Aug

1975

*92%

98

96%

~8

93%

99%

<96

98

II

93

97%

*__

98%

April-Oct

96'A

Jan-July
Feb-Auy

—

June-Dec

103%

ApriZ-Oct

104%

91

98%

98

102%

95

99%

Mar-Sepf
June-Dec

1974

Mar-Sept

■

—

—

102

102

April&Oct

97%

102

1975

*__

*__

96

___June-Dec

101%

May-Nov
Mar-Sept
A

9
''

'

99%

Feb-Aug

i

3

98%

May-Nov

—

—

101% 102%

33

97

93%

'

■

—

97

'

97%
—

—

*102% 104%

I960—April-Oct

93 Vm

95%
101%
103%

99%

104 %

100

108

10

100% 101

7

106

102%
104

98%
109

97%

102

98%

102

99 %

&

Tel

104%

June-Dec

101

103

11

99%

103

101

101 %

23

99%

103%

-June-Dec

101'A

101 '/a 101%

23

99

3s series M 1979

—.June-Dec

99%

99 % 100%

96%

102%

7

96%

102%

94%

95

27

92%

98

98

1

94%

June-Dec

2%s series P 1981
2%s series Q 1980
3%s series R 1982

June-Dec
June-Dec

*102

3s series S

1983

June-Dec

2%s series T 1976

mtge 3%s

series

W

ser

U

100%

1981

U

April-Oct

*95%
102

Mar-Sept

102

102%

92%

104%

101%
2

99%

104%

7

104%

106 %

22

106

108

*99 %

1955—Jan-July

'100%

1960.April-Ocf

95

Consolidated sinking fund 4%s 1960

4%s series A

1965

General

mortgage 4%s series E

1968

1981—.

Feb-Auy

101

ApriZ-Oct

Jan-July
Jan-July

&

Eastern
4s

first

April

4s

external

1960

1990

Pere

Marquette Ry 3%s series D 1980
Philadelphia Baltimore & Wash RR Co—
General

5s

General

gold

series

4%s

B

1974

series

1977

93%
MrTiw_

—

June-Dec

ApriZ-Oct
!
April
Mar-Sept
Feb-Aug

C

10

104% 105

1984

-Jan-July

93

90%

64

107% 107%

101%
105

mortgage 3%s series F 1985
Peoples Gas Light & Coke Co—
First & ref mtge 3%s ser H 1981

General

3

100'A 100'A

June-Dec

4%s series D

B

—

99

100'A
95

June-Dec

5s

General

series

April-Ocf

101%

149
22

106%

109%

100%

105%

103

109%

94%

70

91%

94'A

145

91%

99%

81'A

81'/2

11

77%

86%

103%

104%

94%

11

90

59'A

—

96

101%

94'/a

108%

99%
100 V*

83%

*103% 103%

—

105

105%

105 %

1964—June-Dec

f

s

103%

106% 106%

gold 4%s

1st

99%

98%

102% 102%

106%

96%

94%

102

*

May-Nou

General

-

106%

100%

8

97%

Mar-Sepf

Western Oil 3%s debentures

101 %

100%

22

94%

Mar-Sept

1984

96

96%

100 % 100%

94 %

97
99
104 %

102%

19

99%

*104% 105

June-Dec

April-Oct

—

98%

98% 100%
*

June-Dec

June-Dec
1985

——

1983

94%

1985_June-Dec

1984

debentures

debentures

June-Dec

102%

33

100% 101

3s series N 1977—

2%s

& Illinois

103%

101% 102

debentures

debentures

102%

103

June-Dec

1978

59'A

22

53

101% 101%

99%

95%
60

6

95%

108% 108%

5

108%

102

1

101

106 %

99'A

2

96

100%

99'/a 100'A

26

98%

101%

,

102

102

112%

Philadelphia Electric Co—
First

&
&

First

&

First

104%

76%
*73 %

Mar-Sepf

1987

General

101%
100

101%

97%

__

102

108'A

1980

debentures

First

*__

102%

108'/a 108%
77

APennsylvania-Central Ajirlines 3%s
Pennsylvania Power & Light 3s 1975
Pennsylvania RR—

10?%

88%
*r—

Tel

Paducah

63%

99'/a

*__

3

104%

*104

3s series L 1974

refunding
refunding
refunding
refunding
refunding
refunding

& ref M 3%s

Pacific

100

87

108

113%

1982—

3%s

67%

60%

2

102%

102%

105%

ser

1986

4s

113%

99

92%

*97%
108

105%

33

1975

3%s

100

100

-June-Dec

-May-Nov

123

104%

101 %

3 '/8s debentures

113%

97

-ApriZ-Oct

1961

1988

1st

94%

102

__

3s series K 1971—^—June-Dec

2%s debentures

112%

.Anrn-Oct

102%

1

*104

110

103%

'

—.

.'"

116%
110

104%

*110

111% 112

1980

3%s

104%

2

&

Pacific

85 v*

26

130

&

First

103%

2

101% 102

_June-Dec

*121% 122

April-Ocf

104%

111%

refunding 3%s series I 1966
refunding 3s series J 1970

A Income

99%

1967.

1982.——.

First

First &

92%

-June-Dec

-Map-Nov

&

&

Peoria

—Feb-Aug

98%

102%

6

106

101%

1979

2%s

&

113%

*100% 102%

97%

94%

__

25

1978——

3%s

&

79%

99%

108

92%

95%

105

Quar-Feb

mortgage 3s

First

104%

62

105%

—

102%

101% 102

2047

mortgage

2%s

First

104 %

61%

103%

101%

1975

2%s

First

35

*91%
—

Co-

Jersey Bell Telephone 3 Vis
For

first

87

150

997/8

*94%

97%

103
98 %

106%

*106

Quar-Feb

3s

100

98%

112%

101% 101%
101% 101%

93%

9

*100% 101
—

60%
54%

debs 1973—May-JVou
May-Nod

first mortgage 2%s 1977

mortgage

100%

N

First

first

102%

96%

80

*98

—

1

4%s

refunding
First & refunding
First & refunding
First & refunding.

111% 1-12%

Map-Nov
April-Oct

First &

First

113%

61%

4

96

Quar-Jan

Jan

trust

mortgage
mortgage

First

104%

•'

45
96%

103% 103%

44%

4

81

58%
41

17

Quar-Jan

1973

2047

First &

104%

66'A

3%Ag( f

1997

3s

mortgage

106%

91%
104%

1955—May-Nou

New

lien

mortgage

102%

59

66%

1996

1997

4s

Edison

First

56

'

105%

73%

1

607/b

103% 103%

Gas

registered

102%

114

Feb-Aug

101%

99%

189

Mar-Sepf

68

'■

1

74

74

*59%

Jan-July

Jan-July

Oregon-Washington RR 3s series

99

89 %

62
"

'

,

Ry—

registered

104%

47%

87%

4

68

6%

103%

90

112

5%

__

102'A 102'A

April-Ocf

Oklahoma Gas & Electric 2%s
First mortgage 3s 1979

104%

96%

—.

67%

Jan-July

Northwestern Bell Telephone 2%s 1984

60

27

'

Morris & Essex

debentures

lien

First

96%

111% 112%

88 %

102%

1983.

debentures

(Wisconsin)

85

111% 112%

'

.

1984—.

First mortgage 2%s 1979
First mortgage 3%s 1982

100

80%

112

Feb-Aug

67

99%

97%

112

1949—_Map-Nov

1980

AFirst and refunding 5s series I 1981
Mohawk & Malone first
gtd 4s 1991
Monongahela Ry 3'/4s series B 1966—
Morrell (John)" & Co 3s

_

3 V8s

Natural

Pacific

(Minnesota)

103%

98'/a

94%

54%

1

*101 'A

Jan-July

Ry fto-st gold 4s

100%

85

111% 111%

1,188

5%

—

genera\& ref 5s 1974
Mar-Sepf
refunding 4%s series A 1974_Mar-Sepf

101

99

84

67

102

54

83%

63

102

95

__

94%

76%

94%

48%

94

66%

Pacific Gas & Electric Co—

25

97

103% 103%
98 %
98%

1,070

Northern States Power Co—

105%

98%

—

A

SAConvertible gold 5%s series A
AFirst

June-Dec

85%

76%

~6

Jan-July

Refunding & improve
Refunding & improve 5s series D 2047

91%

48

103%

refunding 5s series

4s

*84%
48

1978——Jan-July
Jan 1&67—-ApriZ-Oct

D
ser

JMissouri Pacific RR Co—
A

May

1991—.May

—...Jan-July

1962—

series

adjustment

1971—

RR—

A

Western

&

f

99%
97%

*99% 102%

Minnesota Mining &
Mig 2%s 1967——April-Ocf
St Paul & Saulte St
Marie-

Missouri

104% 105%

82%

102% 102%

66%

Central

s

94%

*102% 103%
*109% 102%

Minn

Missouri-Kansas-Texas

&

Collateral

102%

102%

105%

76%

4

2047—Jan-July
5s series C 2047—Jan-July

105

60

99%

19

75

75%

Jan-July

1980

2%s

"95

Feb-Aug
Michigan Bell Telephone Co 3'/as
1908—April-Ocf
Michigan Central RR 4 %s series C
1079—./an-July
Michigan Cons Gas first mtge 3!/2s
1969—Mar-Sept
First mortgage 2%s 1969
_Mar-Sept
First mortgage 3%s 1969
:
Mar-Sept
3%s sinking fund
debentures 1967.

80

80

3'As

3s

101

1973

w—

85%

*97'/a

mortgage

92%

__

*94

90%

'

'

78%

April-Ocf
Feb-Aug

mortgage

953/4
10

98%
86

84%

'

85%

—

1983

First

102%

Feb-Aug

Mar-Sept
Mead Corp first
mortgagee 3s 1966———Jane-Dec
Metropolitan Edison first mtge 27/8s
1974—May-Nou
First mortgage 2%s 1980

Prior

84%

96%
92

96
86

95

3%s

First

95%

__

1977

1963

1994

mortgage
mortgage

First

Manati Sugar 4s
sinking fund Feb 1 1957—May-Nou
Manila RR (Southern
Lines) 4s 1959—
May-Nov
May Dept Stores "2%s debentures
1972—Jan-July
3'/4s s f debentures 1978—

4s

101%

101

103%

90%

.

91%
*89%

64

101

84%

5

17
——

■

1992—Mar-Sept

mtge ser A 2004
mortgage 4%s series A 2019

First

27/8s debentures

95

90%

Jan-July

June

2%s

Refunding & improve 4%s

M
Macy

95

90
*96

May-Nov

1973
4s

Gas

mortgage 2%s

4s

104%

88

98

*11

&

101%

100

__

96

95

RR—

first 3%s

98

82%

58%

63%

100% 100%

April-Ocf

1973

A

A

mtge 3%s series G

3s

93

91%

26!/

3 '

6

63 %

r

Jan-July
Y Telephone 2%s series D 1982
Jan -July
Refunding mortgage 3%s series E 1978__Feb-Aug
Refunding mortgage 3s series F 1981
Jan-July

General

ue

102%

66%

3%

96%
10

65

59

99%

Prior

119

96

57%

6

Susquehanna & Western RR—

3%s

103

103%
5

97%

*100% 102
90

Mar-Sept

1982

1st

3s

Knox &

—

89%
115
100

1

99% 100
*—

April-Oct

_

11
,

■■■*■

'103 % 104

April-Oct

Mar-Sept

debentures
1978
Louisville & Nashville RR—

100

*93%

1976_June-D.ee

3%s

First & refund
mtge
First &; refund

*__

—June-Dec

1963

91

117'A 117%

Miami general 4s series

§ALombard Electric 7s series A 1952
Long Island Lighting Co 3%s ser D

7

65

65

101

1%

Northern

.

Lexington

67

63%

66

62%

ApriZ-Oct

cons

78

75'/a

58%

75%

94%

Northern

72%

72%

79%

70%

78

65%

2

1st

65%

2

21

74%

2

11

76%
75%
•

21

General

86

78'A
86

75%

41

Northern

77

70%
1

67%

.

147

.

6%

General

69

73

80%

86

61 %

78

76%
65%

—May-Nov

1955

General

88

62%

155
*404 "

"

Chester—

series

General

93%

12

83%

3%

Norfolk

91%

76%

96%

State

Ref

65

85'%

ASeries E

1986—

Niagara Mohawk Power Corp—
General mortgage 2%s 1980

55

91

69%

75%

82%

2%

1st

84%

85

*83%

—Jan-July

1998——Feb-Aug

May-Nov

Port

100%

96%

Term

93%

45

"68%

&

Steam

N

90%

87%

&

98%

94%

16

June-Dec

Y

3%

85

May-Nov
May-Nov
May-Hoy

2003

.

69%
76
83

Jan-July
3%s

F

Hartford

4Vis

99%
100

92%

——

RR—

gold

series

94%

'

Light first mtge 2%s 1975__Mar-Sept
Putnam first consol gtd 4s 1993
April-Ocf

Y

102%

54

50%

4s

4s

Power

N Y &

168

82

91'%

♦55

Lehigh Valley Harbor Term Ry—1st mortgage 5s extended
to 1984
Feb-Aug
Lehigh Valley Railway Co (N Y.) —
1st mortgage 4%s extended
to 1974
__Jan-July
Lehigh Valley RR gen consol mtge bds—
Series

15

83%

91%

Feb-Aug

___

89

*—

1970„_April-Oct

1964

1st

A

River

series

94%

2

98%

99% 100

Feb-Aug

1973

River

N

N

89

3s

B

mtge

AGenerai

Lakefront Dock & RR Terminal—
1st mtge sink fund 3% ser A
1968
June-Dec
Lake Shore & Mich South
gold 3%s 1997—June-Dec
3%s registered 1997
—June-Dec

1998——

1997—.—

West

AGenerai
N Y

100%

2%

100%

3

«

A

JAN Y Ontario & West ref

99%
58

99%

2%

103%

100%

__

*97%

&

1st

116

51%

__

*—

102%

Mar-Sept

ApriZ-Oct

Co—

gold 3%s 2000

series

Harlem

103%

Jan-July
April-Ocf

A

collateral

mortgage

N

April-Ocf

1954.^

97

103%

99

series

Hudson

Harlem

First

106%

100%

59 %

*100%

99

1956

85

96%

98'A

D

RR

4s

N Y New Haven &

Jan-July

unguaranteed

t AKreuger

12

*114
*56

98%

refunding mtge 4s ser A 2007—Jan-July
AGenerai mtge conv inc 4%s series^A 2022—May

*103%'iT03%

Kentucky Central 1st mtge 4s 1987—
-Jan-July
Kentucky & Indiana Terminal 4 Vis 1961
Jan-Juip
Stamped 1961
Jan-July
4

90

99%

*97

April-Oct
—June-Dec

*102%

Connecting RR 2%s series B 1975
&

4%s

99%

June-Dec

84

94%

—

May-Nou

High

81%

103% 103%

Mortgage 4s series A 2043
—.—_—Jan-July
Mortgage 4s series B 2043————_—Jan-July

K
Kanawha & Mich
Kansas
1st

Y

N Y

90%

5%s series

Shore

First
N
49

Jan. 1

Low

97

3%s registered 1998
—_Feb-Aug
Michigan Cent collateral gold 3%s 1998_Feb-Aug
3%s registered 1998—
———Feb-Aug
New York Chicago & St Louis—
Refunding mortgage 3%s series E 1980—June-Dec

103%

96

Range Sine*

Sold

90

ApriZ-Oct
——Feb-Aug
Feb-Auy

1956-——.

series

3%s registered

87%

94%

1977.

General mortgage 3%s 1997—,

103

95

3%s

—Mar-Sepf
^.—Jan-July

1954

B

York Central

Lake

102%

Jan-July

series C

4%s

N Y Central &

107

100

Bonds

No.

*85

Refunding & impt 4%s series A 2013—April-Ocf
Refunding & impt 5s series C 2013
April-Ocf

81%

70%

103 %

Jan-July

1980—...

8

5s

AFirst

113

10

—

series

Consolidated

114

106% 107

5s

New

122%

104%

27

74 %

87%

Orleans

AFirst

103 %

113% 113%

1986—Feb-Aug

& Light 3s 1974.
Great Nor 5s A 1983

AFirst

116%

101%

Range
Friday's

or

Bid & Asked

JNew Orleans Texas & Mexico Ry—

92

102%

first 4s

Power

AFirst

*113%

Jan-July

Jamestown Franklin & Clear 1st 4s
1959—June-Dec
Jersey Central Power & Light 2%s

'

Jersey Junction RR gtd

New

135%

92

„

73

Week's

Last

Sale Price

Period

Exchange

New Orleans Terminal

Corp—

1977

Interstate Power Co—
mortgage 3s

105

89 %

120% 121%

74%

Rys Central America 1st 5s B
1972—Map-Nov
Interstate Oil Pipe Line Co—
3J/8s s f debentures series A 1977—

1st

New

New Jersey

103

123

Interest

•o w

High

104

112% 112%

Jan-July

Inter

1st

New York Stock

102%

*103

Jan-July

A

series

subord

Low

104

*88%

-Mar-Sept

1956

International Minerals

NO.

*97% 100

series

series B

Jan. 1

131% 132

1st mortgage 3.20s series I
1982—_Mar-Sept
international Great Northern RR—

§ A First

104

Jan-July

3'As debs

BONDS

Since

Range

Sold

—

1943-———Feb-Auy

Indianapolis Union Ry Co—
■ >
Refunding and imp 2 %s series
Co

104

2

Friday
Bonds

Hip/1

*302%

May-Nou

Illinois Terminal Ry 4s series A

Inland Steel

JULY

ENDED

—

1955

§AIlseder Steel Corp 6s

FOR WEEK

&

First

&

First

&

refunding
refunding
refunding
refunding
refunding
refunding

1st

&

ref

1st

&

ref

mtge
mtge

2%s 1971
2%s 1967
2%s 1974
2%s 1981
2%s
3%s

3%s
3%s

1978—
1982

1983
1983

June-Dec

May-Noo

98%

100%

May-Noo
-June-Dec

Feb-Aug

98

98

5

957/8

97%

97%

97%

4

94

T_

98%

98%

2

97%

Jan-July
May-Nov
June-Dec

104

*105%
—

104
—

103% 103%

99%
98

100

10

103%
105%

108

10

103%

104%

,'

105

■

Number 5339

Volume 180

.

.

(79)

The Commercial and Financial Chroniclo

.

31

NEW YORK BOND RECORD

BONDS
New York. Stock

Interest

Last

Period

Exchanga

Sale Prioe

or

Petroleum

3.70s

2%s

deb

conv

debentures

1964

Feb-Atfg
June-Dec

1983

Pillsbury Mills, Inc 3%s

f

s

debs

1972

111%

June-Dec

Consolidated

guaranteed 4s

G

ser

guaranteed 4s ser H 1960

Consolidated

guaranteed 4%s

I

ser

,r-

1964_May-Nov

Sunray

103%

Swift & Co.

mortgage 5s series A

1970

June-Dec

mortgage 5s series B 1975

General

mortgage 3%s series E 1975

April-Oct
April-Oct

104%

Refund

and

impt M 4s series C

2

108%

108%

Refund

and

impt 2%s series D 1985

Pittsb

Coke

2

81'%

26

81'%

4

96 %

100%

101'% 101'%

2

99%

101%

101% 101%

2

101%

103

106%

107

81 %

& Chem

1st mtge 3%s 1964
May-Nou
Pittsburgh Consolidation Coal 3Vis 1965—Jan-July
Pittsburgh Plate Glass 3s debs 1967
April-Oct

99

—

99

104

;

,

103%

general 5s series B

1962

Feb-Aug

general

1974

First

First

general 4Vis series D

Plantation

Pipe

Potomac Elec

Line

Power

2%s

1977—

First

and refund

Texas

mortgage 2%s

3'As

1977

Providence

Terminal

Public Service
3s

1984

4s

1956

Electric &

debentures

97%
100'%

*100'A

--

—

RR

■

——

'

100%

5

100 %

103

1

103

105 7/b

*135%

131

and

*210

218

200

215

First

and

*100

101%

100

102%

First

and

97

1st

1357/8

First

100%

3 J/8s

1st

debentures

and

1972

refunding mortgage 3'As

1983—April-Oct

25

40

103 % 104

103%

June-Dec

99%

99%

•

2%s

(subord)

debs

conv

*100

Jan-July

__

85

§ADirect

mtge

7s

1950

May-Wow

§ ADirect

mtge

6s

1952

May-Nov

§ AConsol

mtge

6s

1953

AConsol mtge 6s 1955
Rochester Gas & Electric

85

13

100%

98

7

97%

*130

Gas Corp. 23As

^

April-Oct

133

*117

120

119

119

--

106'/a

131
130r

107

130

Vanadium

3'/as

mortgage 4%s series D 1977

mortgage 3'As series J

Mar-Sept
Mar-Sept

1969

"

*101%

—

St

Lawrence
Second

St

Adirond'k

&

gold

6s

Louis-San

1

96%

100%

109

2,095

104%

122 %

*99'A

April-Oct

St

Paul

Scioto

first

89%

32

86%

91%

105% 105%

12

104%

106 y«

97%

100 V*

*100

*102%

—

*97%

99

~

Air

Depot 3'/8s B

1st

3s

mtge

3%s

series

Seagram (Jos E)

consol

gtd

1969

6'/2s

3'As

-April-Oct
April-Oct

90

947/a

84%

96

96%

99%

97

99%

103%

107

*100% 102

100%

101

*101

101

101

96

*139

96%

4

110%
101%

98%

96'/a

91%

118

112

—

—

61

49%

10

95%

95%

95%

April-Oct

5s 1963

2

100% 101

Jan-July
June-Dec

1976

South & North Ala RR gtd

139

647

61

106'%

104

106%

Jan-July

98

125

—

61

61

1941—Feb-Aug

7s

1983

f

■■■>

104 %

93

Bell

Telephone

debentures

3s

&

Telegraph

'■

RR

2%s

debentures
Indiana

Ry

Southern

Natural

Gas

23As
Co

102%

92%

97'/a

97%

9 9'A

72%

10

70

72%

109% 111%

167

109

115%

'

72 '/a

111%

'

98'%

*97'A

1.973-June-Dec

conv

97%

2

95'A

95%

Feb-Aug
Jan-July
Jan-July

1994
4'/2s

12

101% 101%

Jan-July

1987

Southern

Southern Pacific Co—
First

4'/2s

(Oregon Lines)

Gold

4%s

1969

Gold

4'/2s

1981

San Fran Term

Southern

105%

105% loo

106

105% 106

1st mtge

3%s

A '75—June-Dec

ser

96%

99%

84%

•

93

79%

Orleans

Joint

3%s

Southwestern

West

1977

98

—

130% 130%

88%

—

-

,

5

97%

9"%
122

130%

50

1017/e

103 V*

105% 106

13

105%

106
.

32

106%

2%s

debs

110%

117

Internal

first

Standard Coil

Products

Standard

Oil

(Indiana I

Standard

Oil

J)

debentures

*98%

West

gold

5s

4%s

conv

3%s

92%

1

100%

72'%

102%

94

94%

94'/8

94%

12

91

99%

99

99%

33

95%

WEEKLY
June

following extensive list

furnish

we

1954,

Friday
Sale Price
Par

ACF-Brill

Motors

Acme

Aluminum

Acme

Wire

Adams

a

Aero

Supply

Aeroquip

warrants

Alloys

1

common

4

4

AND

'A
4 'A

900

r\tr

3 'A Mar
27

Mar

28%

50

3'/a

3'A

500

Manufacturing

1

3%

3%

4

9,700

2% Mar

l

6

6

6%

1,800

x5% May

Ainsworth

5

1'A

~8%

1

12%

13

footnotes

(N J)_
Ree

page




35.'

'

first

:

.

__

—

106

105%

103%

3

2

101%

103

5

104%

107

35

106

61%

66%

65%.

66%

64

66%
65

103%

65

47

59%

5

102'A

104%

104%

106%

103% 103%

*105%

__

—

103% 104

52

98

2

*97%

--

105
100

94

98%

94%

98%

116% 116%

Jan-July
Jan-July

96%

102%

96

96

65

96%

*97

—

123

106

3

'

.Mar-Sept
Mar-Sept

—

'

Jan-July
Jan-July

*101%

__

103%

May-Nov
May-Won
April-Oct
3s 1958——April-Oct
-Jan-July
4s 1960—

100% 100%

Co—

70%

86
71

102'/a
106

80%

53

70

23

95

83

103%

100%
103

3
—

*93

85%

Jan-July

102

95%

55

103 % 103%

102

98%

—

*103

—

96'A

4

100% 100%

Mar-Sept.

-Jan-July

Light & Power 2%s

Yonkers Electric

87%

64%

73'/a

90%

95
—

not

the

delivery

A Bonds

sale

2%

Jan

4%
30

Apr
May

the

in

—

—

n

year's range,

selling flat.

I

EXCHANGE
RECORD

YEARLY

the American Stock

on

Exchange for the week

American Stock Exchange itself and

beginning Monday,

is intended to include every

j

WEEK ENDED JULY 2

Last

Sale Price

American Stock Exchange

Air-Way Electric

Appliance

——1

Inc

Airileets

Alabama

4

Jun

Alabama Great

Alabama

-

13%

,

11
23%

Southern———50

Power 4.20%

Airlines

12%

2

Corp

Jun

preferred

Inc

100
1

Range

127/a

—-50c

Ajax Petroleums Ltd—
Gas

3

Week's

of Prices
Low

Par

3%

6% Mar

94%

*__

.Jan-July
1976_Jan-July

104

100

—

not included

year's range,

the

in

included

j

A Jan

*103% 104

in the year's range, d Ex-interest . e Odd-lot sale not
Under-the-rule sale not included in the year's range, r Cash sale
y Ex-coupon.
§Negotiability impaired by maturity.
,
fCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 oi
Bankruptcy Act, or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current( week.

Included

Alaska

*

Air Associates Inc

B

Central RR

59%

*95

Jan-July

mtge

72%

55%

1

100% 101

mortgage

High

% May

1,100

Agnew Surpass Shoe Stores

For

7

28%

Manufacturing common

FOR

Range since Jan 1

Shares

l

Corporation

S

1965

...

115

103

264

59

100%

Max-Sept
Mar-Sept

Friday

10

Stores

—

99'A

68

70

104

106

.Mar-Sept

STOCKS

Hig*

%

&

97%

103

103% 103%

May
1 2029—
.June-Dec
Wisconsin Electric Power 25As 1976
:—June-Dec
Mar-Sept
First mortgage 27/8s 1979
Ja7i-July
Wisconsin Public Service 3'As 1971
Jan-July

complete reuort of the transactions

Inc

Co

Hat

of Prices

Low

82

95%

*87%
——

Jan-July
Jan-July

guaranteed 2361

4s series- A 2004
Gen mtge 4'/2s inc ser A Jan
1st

for Week

Range

83%

77%

103 y4

'

—Jan-July

Sales

Week's

Last

first

Co

&

Winston-Salem

100%

RANGE

American Stock Exchange

4s

3'As debentures
Wilson

and

STOCKS

78

81%

59

May-Wou
May-Nou

3'As

A 1980——
Electric Corp 2%s 1971
Westphalia United Elec Power Corp—
§ Alst mortgage 6s. ser A 1953
Wheeling & Lake Erie RR 2%s A 1992
Wheeling Steel 3'As series C 1970
First mortgage 3'As series D 1967

ending Friday, July 2, 1954.
It is compiled from a report of the
security whether stock or bond in which any dealings have occurred during the year.

28,

85

97%

Telegraph Co—

Union

AMERICAN STOCK
In the

102'A

*68'A
103 %

gold 3'/2s 2000_„Feb-Aug

5s 1960
debentures series

4%s

95%

1971—May-Nov

1974

103'A

81%

3'As conv 1966—April-Oct

gtd

Westinghouse

97%
111

Jan-July

debentures 2%s

99

94%

*83

2361
——Jan-July
.April-Oct
Western Maryland Ry 1st 4s ser A 1969—April-Oct
May-Wow
1st mtge 4'As series B 1976
May-Nov
.Jan-July
Western Pacific RR Co 3'As ser A 1981
Jan-July

72

87%

332

92

■

108%

98

103%

*67%
20

106% 108%

•

1982—April-Oct

104

86%

18

94

*—

94%

registered

^Deferred

~4

*69%

April

2013

1967—June-Dec

conv

first

Shore

4s

j

95%

95

...

May-Nov

„

—

101% 101%

1985——April-Oct

1983—

106%

102

*103'A 104

108

6

116

115

115

105 y.

105

—

106 %

107'/a 107%

102% 103

102%

May-Nou

Tel

Bell

(N

''

105%

101%

Feb-Nov

1974——J
3'As series I 1966:

Electric

Penn

West Penn Power

Northeastern RR—

&•

debentures

A Spokane

—-''v

3

88%

*96

mortgage 2%s series F 1996

23As

106%

--

'

*86

'

6'/2s series A 1956
.-April-Oct
Memphis Div first gold 5s 1996—__Jan-July

,

106%

102%

91%

100%

—

*106'A

Washington Terminal 2%s series A 1970— —Feb-Aug
Westchester Lighting, gen mtge 3'As 1967_ ._Jan-July
-May-Nov
General mortgage 3s guaranteed 1979
May-Nov

Wisconsin

Devel and general

3'/8s

103

20

—

91%

1986——-—Jan-July

——Jan-July?
First mortgage 2'As series G 1961Jan-July
Southern Ry first consol gold 5s 1994—Jan-July
Devel and general 4s series A 1956——April-Oct
Devel and general 6s series A 1956—-April-Oct

New

*96%

'

—

106%

43

:

Pacific RR Co—-

First mortgage 2%s series E
First

105%

___May-Nov
May-Nov

/,

103%

33

105% 106%

1977———Mar-Sept

A

—

Corp

ref

first

30-year

Co—

1979

2%s debentures 1985

97%

*—

*103'A

1976—May-Nov

3'As

debentures

conv

Petroleum

Western
Southern

Co

Warren

97

100%
18

101

*103% 104%

April
1991—April

1971

3'As series B

mortgage

Warren

'
—.

95%

96

•

mtge income 4'As series B Jan

First

97%

'

103

95%

99%

94

101

96

1981

mtge 4s income series A Jan

Gen

101

91%

2

161

103% 107

107

w

173%

92%

95%

106'/»

84%

99%

C 1973—Aprfl-Oct

Gen

118

118

99

*—

Mar-Sept

coll trust
conv

*96%

105 Va

104%

*80

May-Nov

1995

Wabash RR Co—

99%

100

10

101

95%

95%

June-Dec

1951

2'/2s

Oil

100

95%
123%

19

96%

*95
101

Skelly Oil 2'As debentures 1965

Socony-Vacuum

168% 173'%

172%

Mar-Sept
June-Dec

1966
;

Corp

Corp

y
%

May-Nov

1980
1977

1982

Oil

——

—

105 V*

103%

105%

*80

.June-Dec

3s series B

Virginian Ry

109

100

i

103%

14

105

118

101%

•

105%

*103% 104%

1955—Feb-Aug
May-Nov

1957

fund series B

sinking

Walworth

1974

t§ASilesian-Amer

*99%

—Mar-Sept

1971_

Sinclair

94%

Co—

B

Halske

i

——

.w—:

'

Service Pipe Line 3.20s s f debs

&

.

*100

1989—May-Nou

Shell Union Oil 2'/2s debentures

§ A Siemens

104%

107

*107% 109%

April-Oct

1971

& Sons 2'/2s

debentures

3s

RR

debentures

f

s

Line

83

86'A

118

*116

May-Nov

England 1st gtd 4s
Scott Paper 3s conv debs 1977
Seaboard

80

100 %

20

90

104%

98

105

104

97%

96%
34

105% 105%

1959—Mar-Sept

4s series A

debentures

subord

RR

First lien and ref mtge 3'As ser

1989-Jan-July
gold 4s 1968—June-Dec

cons

New

V &

89

--

60

104'%

104

bond certificates Nov

Paul & Duluth

Union

*83

—

1997

St Louis-Southwestern Ry—
First 4s bond certificates 1989
Second 4s inc

--

Ry Co—

4s series A

St

80

100 V*

95

—

88 7A

89

F 1978—Mar-Sept
First and refund mtge 27/8s ser G 1979—June-Dec
First and ref mtge 23As ser H 1980
Mar-Sept
1st mortgage & refund 3%s ser I 1981—June-Dec
1st & ref mtge 3'As ser J 1982
April-Oct
Virginia & Southwest first gtd 5s 2003
Jan-July
First consolidated
5s 1958
—April-Oct

97%

80%

♦76

71

*97

1996_Jan-July

5s

Jan-July
mtge inc 4%s series A Jan 2022
May

ASecond

95

Mar-Sept

gold

1996

Francisco

1st mortgage

1st

105

98

First and refund mtge 3s series

Saguenay Power 3s series A 1971

98

103%

—

105

107

Virginia Electric & Power Co—
First and refund mtge 2%s ser E 1975—Mar-Sept

102%

98%

—

97%

99'A

America—

of

Corp

conv

Vandalia
Consol

General

1967

debentures

Universal Pictures 33As debentures

Corp—

General

101%

99%

98

April-Oct
May-Nov
April-Oct

1972
2%s debentures 1976

Rubber

99

94'A

152

106 %
3

S

107

103%

—

*103%

Jan-July
Jan-July
Feb-Aug
—Apr-Oct

1970

coll trust 3%s

mtge &

2%s

101%

123%

152

*117

Feb-Aug

87

81%

97%

98

98

—

'

*97

1966—April-Oct
Mar-Sept

1971
1st mtge & coll trust 3'/2s 1972
33As sinking fund debentures 1973
U

—

31

100%

95

2

106

*97%
*101

Feb-Aug

1976—

United Biscuit Co of America 2%s

R
Reading Co first & ref 3%s series D 1995—May-Nov
(R J) Tobacco 3s debs 1973
April-Oct
Rhine-Westphalia Elec Power Corp—

15%

„

*105

June-Dec
May-Nov

1970

4%s s f debs

Reynolds

70%

54%

31

*98%

Refunding mortgage 2'/2s series C 1991—Mar-Sept
Union Tank Car 4'As s f debs 1973
April-Oct

1st

97%

191
728

100%

June-Dec
May-Nov

1972

3%s debentures 1977

Quaker Oats 2%s debentures 1964

101

95

70'A

RR—

debentures

United
~

105%

100

May-Nov

:

2%s debs

of California

Oil

3'/8s

Union Pacific

105%

100%

'■}

101%

May-Nov

3'As

mtge

Union

102% 105

*103% 104%

—

3%s 1971

coll tr 2%s 1980
1982

1st mtge &

101% 101%

—

27

27'A

30%

Mar-Sept

1968

debentures

3s

First and refunding mortgage 3'As 1968—Jan-July
First and refunding mortgage 5s 2037
Jan-July

refunding mortgage 8s 2037—June-Dec
refunding mortgage 3s 1972—May-Nov
refunding mortgage 27/8s 1979-June-Bee

130ya

105'A

u

104% 104%

101%

May-Nou

122

69%

70

mortgage and coll trust 23As 1975—April-Oct

First

Co—

1963

92

3

*101% 102%

June-Dec

1974

1961

Corp 27/as debs

Union Electric Co of Missouri

99%

101

3

105

— —

—

—

3%s

Orleans

New

of

101%

100'/8 100'A

105 V*

tAThird Ave Ry first refunding 4s 1960—-Jan-July
AAdjustment income 5s Jan 1960
April-Oct
Tol & Ohio Cent ref and impt 33As I960—June-Dec

100

98

—
.

99'%

*__

104%

94

3

Pacific—

Pacific-Missouri

Texas

__

101

*100

119%
99%

130'A 130'/«

100'A

June-Dec

5s 2000

98

95

94%
101'A

101'A 101'A

refund M 3%s ser E 1985—Jan-July

and

Tri-Continental

*11
*__

Mar-Sept

Gas

—

102 3A 103

1990—April-Oct

3%s series C

M

first gold

Pacific

&

General

—

Mar-Sept
Feb-Aug
Jan-July
May-Nov

mortgage 3s 1983

Fir-st

June-Dec

1970

1st mtge

106

*__

—

111
6

98%

98 %

98 %

B 1970—April-Oct

and refund M 3'As series

First

88

June-Dec

series C

5s

98

101

65

*119% 123

Jan-July
April-Oct
May-Nov

2019

Corp 3s debentures 1965——-—

Term

First

95

95

94%
100%

—

Texas & New Orleans RR—

108%

Pittsburgh Youngstown & Ashtabula Ry—
First

104%

of St Louis-

Terminal RR Assn

107%

14

\

Hiffk

Low

104%

—

104

104%

104

Jan. i

No.

1003A 100 3A

—.——May-Nov

—

109

103% 103%

104%

1973

Range blnee

Sold

High

*97'A

25/as debentures 1972_—

102%

Texas

General

1966——Jan-July
—Jan-July

2%s debentures

Corp.

108

Pittsburgh Cine Chicago & St. Louis RR—
General

Oil

2%s debentures

97

102%

103% 108 %

__

115

Mar-Sept

1973—

debs

3%s

Beads

Friday's

-104'A

5

—

108

108

Stauffer

93%

—

__

*103%

Feb-Aug

1963—Feb-Aug

Consolidated guaranteed 4%s ser J

97

*103%

1957—May-Nov

Consolidated

Chemical

102%

107%

420

*96%

or

Bid & Asked

High

98%

*101 % 102%

Sale Price

Low

100

19

Last

Period

New York Stock Exchange

Low

NO.

100 %

100

__

Pittsbgh Bessemer & Lake Erie 2%s 1996—June-Dec
Pittsburgh Cincinnati Chic & St Louis Ry—

Jan. 1

High

Interest

BONDS

Range Sinee

Sold

108% 111'%

100%

Week'* Bang*

Friday
Bonds

Friday's

Bid & Asked

Low

Phillips

JULY 2

FOR WEEK ENDED

RANGE
Week's Range

Friday

—

100'/2
4%

Sales
for Wtek

,

h*ah

12%
14%
j«

22 /8 23 A
121,
121
100
100 %
4%
4/8

Range Since Jan. 1

Shares

Low
Feb

High
13%

Jun

2,2bo

9%

1,500

10%

Jan

1.400

'/2

Jun

3,200

16%

Jan

20

107'/2

Jan

121

July

50

96%

Jan

103

Apr

2,500

3%

Jan

15% May

12
24 '/2

5'/4

Jan
Jun

Jan

——

2,600

7%

Jan

10%

Feb

400

7%

Jan

13% May

Unie N V
dep rets Amer shares—

Algemene Kunstzljde
Amer

29

29

J" /a

600

24% Feb

30 '/a July

>

32

The Commercial and Financial Chronicle

(80)

.

.

Monday, July 5, 1954

.

AMERICAN STOCK EXCHANCE
RANGE

STOCKS
American Stock

Last

Exchange
Par

All

American

Engineering Co
Alleghany Corp warrants
Allegheny Airlines Inc
Alles

&

Allied

Fisher

Pictures Corp—
Internat'l Investing

preferred—

9,600

Hi

Jan

2%

2%

300

"3%

4

3%

Book

Co

Hard

Rubber

500

American

Writing Paper

common

Anglo-Iranian

Oil

American dep

1

Cenco

Feb

Central

Explorers Ltd.————

Central

Illinois

19%

21%

2,300

45%

Jan

29%

35

36

55

1,200
125

33

3,000

48

12%

/ 450

12

14%

Century Electric Co

13% Mar

Century

15

90o

12

Jan

15

14%

9%
2U

Feb

600

36%

2,650

36"%

36

6%

6%

6%

4%

10%
107

190

3%

600

9"%
105

Feb

Cessna

Jun

4%

3,000

12%

Jan

17

Feb

15%

Jan

24%

Jun

8%

Jan

12%. Jun

50 '

2.50

20

45

45

45

14%

14%

50

14%

1,600

7%

•

7%

1%

45

Clark

117

•Jan

23

Feb

Clarostat

51

Feb

Claude

Jan

Claussner

17%

Clark

paid
22

D

Neon

Jan

7%

Jun

Clayton

Jan

1%

Feb

Clinchfield

'53)—*

1 %

92

Jan
Feb

400

85 %

Jan

18,100

>5%

Jan

1

-

115%

113

50
9
1

Automatic Steel Products Inc

8%

9

8%

8%

8%

6,400

1%

1%

100

1

95

Feb

Colonial

Sand

2%

3

400

2%

Jan

12

600

10%

Jan

12

Feb

15%

800

14% Mar

16

Mar

3% May

1

10%

10

11%

14"%

14

15%

7,500

3 V4

3%

Oil

Vtc

to

ext

Ltd

i-i

50c

Barcelona Tr Light & Power
Ltd
Barium Steel
Corp
Basic Refractories

Bearings Inc

Inc.—

Beck

(A

S)

Watch

Co

Inc

Black

Starr

Blauner's

& Gorham

—1
com.*

class A

common

Blumenthal

(S)

Co

common

7,100

6%

16,200

4%

2,500

40%

9%

9%

37%

37 Va

50

10%

103/e

10%

350

18

17%

18%

4%

~8%

32

94

V

20c
*•

1%

200

8%

11,900

5%

1,000

American

British

Oil

American

Co:

*

.

Tobacco—

dep rets ord bearer
Amer dep rets ord
reg

10s

10s

1

$5 convertible preference

Rubber

Co

common

(E L) Co common
Bruck Mills Ltd class B

.'

1

60c

convertible preferred
Bunker Hill & Sullivan
Burma Mines Ltd—

Corp (new)

100

Products

common

Sugar Estate
Calgary & Edmonton Corp Ltd
California Electric Power
Calvan Consol Oil & Gas Co
Camden Fire Insurance
Canada Bread Co Ltd
1
Cement Co Ltd common

6%% preference—

common...

Canadian Dredge & Dock
Co Ltd
Canadian Homestead Oils Ltd
Canadian Industries Ltd—
:

Canadian Marconi
Williston Minerals

Canso Natural Gas Ltd vtc

' •




51%

125

173/4

18%

500

7

1,000

143/4

15%

2,200

133/4

800

213/8

213/4

4,100

8%

(H)

8%

600

A

9

Mar

Coro

27

4

25%

27

lo"

10,200

Jan..
Jan"

14:

105

May

Jan

x50% May
15% May

6%
11

52%

2%

♦
*

13%

1,100

12 % Mar

30% May
13% Mar

18 %

July

14

Apr

1

Jan

v

Feb

Jan

7%

Jan

9

Jun

IS
6

Jan

HT

%

5.900

-ft

Jan

9%

10%

2,500

8%

Feb

&

20%

May

27% May

Jan

*

Reynolds

10%

5c

ft

*

common

1

A__

class

Jan

*

Jan

8%

8%

500

7%

19%

1,100

17%

Jan

Jun

%
8%

Jan

18%

8%

14

Jun

10% July
Jun

19 Va July

Ltd—

dep

receipts

(ord

Drug

Co

4%
!
88%

6,700

5%

5%

1,000

12%

:13%

900

183/4

:19%

550

(Md).

—.5

partic—_*
———25o
*

common

1%

2

19%,

—

"9%

10

Jan

5% May
9% Feb
14%
1%

18%
142

"9%

common

73%

800
450

:20%

....10

Jan
Jan

Jun

89% May
6% Jan
143/4

Jun

19% May

2'A

Jan

Feb

24

Mar

Jan

163

May
Jun

,6"%

Jan

10

*

18

Jan

22

__2.50

5

Jan

Apr
9% Jun

(Mo)__....5

12

Feb

13% May

6

Jan

7%

Jun

16%

common

Inc

2

43A

3% Mar

100

87%

5 %

...

Sugar

Tobacco

4%
17 Va

1

common;

Oil Refining
preferred.
Atlantic

reg)__£1
....__5

Brothers

common

—-ML:

debenture

8?»
Detroit

10,100

1

Gray

7%

Jan

Jun

Jan

20%

Jan'

8%

%

Feb

Diversey

Jun

2%

2

Jun

9%

ft Jan

Jan

4% Mar

Jun

3% Mar
Jan

2%

Apr

13 %

111/4. Jun

Jun

5)1 Mar

Feb
Mar

Feb

27
3

110%
31

Apr

July

ord

Dominion Steel

&

Coal

Power

Apr

29%

67V4
212

Jun

Jun

5%

Jan

Jan

19%

12%

12 34

12%

100

133%
1%

l7/a

1%

Feb

12%

Jan

400

1%

900

22%

3,500
7,100

11%

Jan

1%

Jun

700

.

*r2 %

Jan

1% May
24

24%
24

,

Jan

145
14 Va
2

Jun
Jun

Apr
Feb

2%

Apr

26%

Jan

:

23%

lft

lft
2 Va

2%

Feb

3

lift

11%
4ft

v %

10%

Jan

11%

4ft

1,200

4%

Jan

6% Mar

6%

6%

300

5%

J*n

7

24'

lft

27

Jun

2% Mar

DuMont
Class

(Allen
A

B)

American

Co

n%

Apr

18% May

10%

Feb

7%

Jan

13% May
9% Feb

8%

6%

6%

300

5 %

5%

5%

1,400

6

Feb

7% Mar

59%

18%

—1

9%

60

18%

18%

2,900

300

73/8 Mar

5%

Jun

19%

"

*

Jan

26

Apr

43

Jan

62

May

15 % Mar

19% May

8%

9%

12,800

Jan

9% Mar

353/4

36%

200

33% Jan

45

45

100

40 %

Jan

37% May
45 Va Jun

10%

10%

13,500

9%

Jan

113/4

2%

10
—*

...

Jan
Mar

700

8%

6%

*

May

1,100

11%
"

10

Feb

3 % May

Jan

3%

8%

Laboratories—

common

Dunlop Rubber

4ft

1—10c

10 T4

Apr

Ltd—

dep rets ord reg

10s

Co.

1

3%

3%
7%

3%

7%

25

1

6%

6%

6%

400

-*

31 %

31%

Eastern Gas & Fuel Assn common—10
4% % prior preferred—
100

8%

8%

61%

61 %

*

common

Test

—

500

3%

Jan

7% May

9%

Jan

6%

Jun

25% Apr

33%

Jun

5

Jan

Jun

Apr

29%

Apr

16%

Jan

Apr

1%

Jan

4%

300

8%

*

1

(The)

200

x27%
200

1

Co

Hosiery class B
Corp common

53 %

Feb
Mar

18%

-16%

Draper Corp common
Drilling & Exploration Co

Duro

10

2

~4%

1

Douglas Oil Company
Dow Brewery Ltd
Dragon Cement Co Inc.

Durham

24,300

lft Jan

18%

2.5%)

ord stock—_—*

Duraloy

66

900-

Apr

6% Mar

~43/4

4s

reg

Dominion Tar & Chemical Co Ltd
Dominion Textile Co Ltd common

Feb

3ft

1%

1,

____1

Jun

4

Jan

18%

10

Apr

2%

12%
6

—-

1

Co_^

Corn

Duke

Feb

92

rets

Driver Harris Co

Jan

Jan

dep

(Thel

6% May

4

h

Foundry—...—
Mfg

Exploration Ltd
Domestic 'Finance Corp common
-dominion Bridge Co Ltd

4% Mar

.

10

23 %

Iron

Products

Dome

Jan

325
700

Distillers Co Ltd—

9%

Jan

1,600

6%

1%.

—

Devon-Leduc
.

22%
9%

6% Jan

5

7%
13

6%

50c

Devoe & Raynolds class B—___—.1
Oils Ltd—
25c

16%, Jun

14% Apr

—.,,35

common—

Manufacturing.

Hardware

*11% Feb

—10c

12%

~6 %

——__100

Gasket &

Detroit

7%

7%

——2.50

Inc..

Mfg class A

Steel

2%

2%

24,600

1%

Jun

3ft July

4Vh

Apr
6ft Mar

Duval

Sulphur & Potash Co—:

Eastern

—1

4%

4%

3,300

4%

Jun

6c

2%

6%

2

1,000

2%

Jun

3ft May

1%

Jun

1%

9,600

13%

Jun

Detroit

100

1

18%

13 %

Jun

Detroit

2%

66

2%

16%

13%

14 Ve

Apr

23%

3%

18%

35

18% -Jan

5,600

50

50c

11

Daltch Crystal Dairies Inc
Davenport Hosiery Mills

May

3

110% 110%

Jun

500

Petroleum

Cuban

23% May

8%
89%

29%

*

Apr

9%

14 %

Dennison

23,400

1,350

22%

8% Mar

*

4% May

3%

11%

19% May

900

■

5% Jan

900

11%

1

300

*

'5% Mar

ft

ft

Jan

9%

1

Day Mines Inc
Dayton Rubber Co class A_.
Dejay Stores common—

3%

4

Apr
12% May
12% July

4%

-

21%

:

American

Feb

ft

—_*

10c

6%

3%.

11%

5

5%. Mar

3%

II

S

13%

preferred

Creole

27'A May

5,600

4%

j

Feb

9%

voting

Inc

$1

23% Mar

Jan*

Tft

11%

21

9%

U

1%

11,300

3

Feb

Apr

Malleable

Iron

States Corp."
preferred series A
$6 preferred, series B.

1,000

9

14,800
400

1—1
»

8% July

—*

162

*

149

10%
'161
149

10%

Jan

60%

Jan

66%

Feb

24

62%

—25

Eastern
$7

32

Feb

25%

Feb

11 Va

May
May

2,600

8

Jan

162

125

147

Jan

163

149 J/4

125

134

Jan

149%

10%

|

13%

24% Mar

Jan

21

Jun

11%

3,000

Jan

(
i

44% Mav

30 % Mar

Manufacturing Co

Jun

*

11%

7% Feb

400

Curtis

11%

1

Jan

7,300

Jan

15%

2,900

Apr

5

3% Mar

35

2'A

Jan

65,900

33%

May

9% Apr
6% Mar

Jan

Mar

2%.

4

2% Feb

27

Lighting

8

5%

1,400

12 3/4

f'

Jun

343A

Curtis

11

5

1134

11

i

10%

26 %

Feb

2,000

5%

11

Co

3%

4,000

*

11%

*

.'

35

Varnish

Crystal

14 Va

1

1

Jan

1

9%

B non-voting—
Cornucopia Gold Mines—

Feb

10%

50c

'

Foundry & Machine Co__l

Internat'l4 "A"

13%

2

.12%

-

Jan

26%

100

7%

j

5%
26%

Petroleum

10%

2%

7%

,

200

f

Feb

Jan

8%

24,800

12V2

Corp

Cork

9%

10%

200

ft'

4

2%

1

Class

Crown

9%

100

32

4

2%

2'/a

10% May

100

)

5%

Distillery Ltd—

American

21%

2.50

2

G

5,800

13%

10

Southern Petroleums Ltd vtc__l
Canadian Atlantic Oil Co Ltd

7% preferred

13%

20

___•

Canada

Canners Ltd

12%.

10c

Calamba

Canadian

5%

6%

14%

—50c

American dep rets ord
shares...3s 6d
Burry Biscuit Corp
—,
12%c

Canadian

5 %

51%

18%

2.50
*

common
—_r._

Canada

100

*

1% preferred..

Electric

.5 ft

31%

,

9%

(

&

Paint

Jan

18%

13%

*

1

Bruce

C & C Super

ft

>9%

10

3% Jan

5%

junior preferred—.10

Buckeye Pipe Line
Budget Finance Plan

9,700

*

$3 2nd preference
Brown Forman Distillers—_—

Brown

^

Ltd—

American dep rets ord
reg—_c—10s
British Columbia Power
common
*
Brown
Company common

cumulative

26%

9*A

?

5% May

Davidson

Amer

British Celanese

2E%

100

j

Jan

Jan

4

300

Courtaulds

21%
25%

11%

10

Inc..
&

Cent

24

—

Co common—__*•

103/4

Var

Crown

**"
—

Manufacturing

British

34,500

Apr

1

Crown

4%

5%

u

96% May
4% Feb

1%

4%

5% Feb

5%

$6

8

5

!,■

'ft

93/4 May
16% May
7%'Jun

■

3,400-

Hi

Cuban

5%

Jan

7

•

5%

33 % May

5%

:12

6 %

7%

% Jun

6% May
Jan

8%

2,100

'

.

,41

10% Mar

Jun

Jan

143/4

143/e

6%

3% Feb

4% Mar

Jan

Feb

14V2

j,

Feb
Feb

6% May
5% Mar

10

Apr
1% May
x6% Jan

9

400

18%

2%

93/4

9%

Jan

19%

v

38% July

200

Jan

2%

50
200

4%

Crowley Milner & Co.l.

88%

;

%
■

.

7% Apr
38%

4 Va

Feb

100

383/a

600

4%

Apr

200

i

Jun

24

Jun

Apr

38%

1,700

Jan

11

3%

Jan
Jun

26% Feb

Mar

45

3

17%
22

18
24

31

11% Mar

3

■

.% Mar
"

17%
23 Va

1,900

Corroon

9%

July

10

Apr

24 %

22 %

11,800

Jan

70

50

8%

8% May

500

■

7%

4

1,200

22%

8%

10

7%
94

22%

850

Jan

7%

100

323/4

7%
32%
94

22%

liS
12 %
73

Jun

9% Jan
67%

8%

100
-

400

72

%

7,600

-•

600

37% July

3 Va

Brazilian Traction
Light & Pwr ord—_•

Corp common
Bridgeport Gas Light Co

i
S

8%

1 Va

113/4
72

7%

6% July
44% July

Jun

Va

11%
71

3,300

10%

9%

*
•

11.25

1,300

4%

83/e

400

1

11%

-

May
Feb

Engineering__l
Corp
1

Lines

;

6%

5 % July

10 %

Apr
21% May

Jan

10

Jan

1,200

Class

5% May

Feb

44%

j

Apr

13

Corby

17

Jan

20%

5'A

1

Works Inc.

Breeze

Cable

19%

>.

12%

Cook

Feb

1% Mar

Apr

13%

10 %

Jun

13%

500

5

Borne Scrymser Co—
Bourjois Inc

47c

5%

1,200

1 %

Jun

4%

6% Jan

600

12%

Continental

Feb

*6% Jan

Jan

300

14%

44%

*

(H C) Co common
*
5 %%- prior cumulative
preferred—100

Brillo

1%

5%

13%

6%

19%

Bohack

Brad Foote Gear

9

44%

••

3

&

400

5%

—4

Birdsboro Steel
Fdry & Mach Co

93/4

1 Va

13%

2ft Mar
6%

7,300

~5%

11%

—

Commercial

»

93/4

4%

38

Oil.——

Continental

7% Mar

Jan-'

Jan

.

.

5

9 Va

9%

—.10

Royalty

Car-Na

May
May

9%
36 %

Jan

i

May %

9

Jan
Feb

5.1UJ

Air

5

■ft;

28%

Aviation

2%

7%
8%
36%

—

,

8% Mar •'*'
94'A May

Jan

87

500

8%

79% Mar

6 % Mar

75

.

28%

Continental

1)| Jan

»8%

8%

800

7%
93

28%

Continental

100

72% Jan

77

7

Consolidated

Feb

Continental

10,800

100

76%

% May
22% Feb

Feb

9%

1

Benson & Hedges common
Bickford's Inc common

10,400

j

Jun

11 %

Utilities

Jun

5%

!

Jan

29%

37

Engineering Corp..
Gas

Jun

5'A

—1

common—25

"l%

Jun

29%

Jan

Consolidated Liquidating
*
Consolidated Mining & Smelt'g Ltd—*

3%

5%

7%

Jan

23%

1

13

5

——50c

common

Shoe

Corp
1
Beckman Instruments
Inc—_—______1
Bellanca Aircraft common
1
Bell Telephone of
Canada
Benrus

"ill

5%

1

—_——

Beau-Brummell Ties

113

*

1

Jan

26%

11%

1956—

15%

Jan

3%

125

950

9%

20

.

Apr

11 %

6

...

Banff

5%

8% May

8,800

3%

3,600

29 %

38

Co

2% May

4,200

1

7%

28%

92

10c

Community Public Service
Compo Shoe Machinery—1

Gas—

lc

*1

Jan

Apr

7

Co..—,—.1

Stone

Manufacturing

Colsolidated

—

&

Colts

14%

Baker-Raulang Comany

3%
5%

28%

Co.——*

vtc——

Commodore Hotel Inc

11%

4ft

Jan

6-

Apr
May
Jan

——1

Apr

Jan

4%

,

28

Equipment Co—
Development ordinary
>.——

Colon

2%

3%

3%

5

common

Oils

1%

6,100

3

8,000

1

1

Products

Jan

15%

3%

Co

91/2

11%

4

7,700
5,000

5 %

7%

.—1

Corp

Aluminum

9 % May

*

1

5

3 %

4%

V-

,

16% Mar

1

:———:

Airlines

1

Baldwin Rubber common
Baldwin Securities
Corp
Banco de los Andes—
American shares

Co

Coal

Colonial

3

&

Jun

*

Inc.

Jun

preferred

A

14%

4%

29 v.

-

Lambert Manufacturing___4

&

Consolidated

Class

1,300

14%

1

.—

Co

7% May
Jun

% May

6% Feb

,

4% Jan

3

Cockshutt Farm

1% May
115%

Voting Machine...
Corp common

Collieries

Bailey & Selburn Oil

L

Coastal Caribbean

80%

Mining

Hosiery

5%

480

94

92

!

Jan

Jun

412

1

—T

Manufacturing-,Co^—

1

on

__

Ltd—'

Controller

Club
div

Corp

non-cum

(The)

Jun

14% Mar

5,J00

Co

Consolidated

May

19%

200

1%

1%

Oil

Mar

113

1%

Apr

Jun

Jun

Mar

3

5

10

Chief

11,600

700

Apr

1,300

3 %
-

Circle Wire & Cable Corp.—...
:_5
City Auto Stamping
—5
City Specialty Stores Inc common—.1
4%% convertible preferred—
-50

13,800

20%

%

i_2.50

Feb

16%

113

110

10,000

3

14%

1

common

America

Jun

12%

19%

of

common

Jan

22%

113

Co

Corp

14%

11%

19%

Co

Cherry-Burrell common
5
Chesebrough Manufacturing common.10
Chicago Rivet & Machine.....—4

Tel—

1 '53 & $41 on Dec
Atlantic Coast Fisheries
Atlantic Coast Line Co
Atlas Corp warrants..
Atlas Plywood

Aircraft

Jun

20%

*

%

ft

10

preference

Charis

15%

i—*

115

2

:

109%

Jan
Jan

Jan

60

7%

% May

10

common

Inc

Camberlin

16%

America.

arrear

Investors

Convertible

Jun

6%

Jan

111%

Jun

37

4 % Mar

6,900

10%

7%

Jan

4-% pfd.——100

9%

Jan

23

series——*
series—
*

3\l Jan

7% Jan

8,900

107%

4

10%

£1

of

July

Automatic

Central Power & Light

Apr

4%

Jun

4,900

Feb

7

58% May

12,700

Jan

2%

80%

Power Co—

Jan

2%

7

725

77

Jan

8%

200

4,200

4% Jun

1

Corp.—...

$1.50
$L40

10% May

10%

7%
7%

3

preferred ——————100

4

Feb

14

7%

.

Central Maine

Mar

May

7%

ft

Central Ohio Steel Products..———1

800

9%

Secur

preference
preference

3.50%

11

102% 111 1/2

111% 112

—10
1
1
1

—

...

37

8%

7 %

*

America

Jan

2%

2%

3,100

6% May
29% Jun

Jan

4

■

4

Conv
Conv

11%

Apr
25 % Feb

Jun

4%

May

of

Corporation

11% July

'
r

11

7%

2s 6d
1

common

&

Corp

Catalin

23%

25% Mar

56%

54

12%

19

6,800

6

5%
29 '/a

55

Jan

7"%

20% Mar

11%

rets reg

Laundries

Nor.-voting

Jan

21%

Associate Electric Industries—

Ayshire

Jun

1%
1%

5

4%% convertible preferred
Aro Equipment Corp

&

33%

Jan

-1

Light $7 pfd
Armstrong Rubber Co class A

$43

Jan

J

——_—5

Oil Corp

Tel

900

5%

pfd—100

Power &

(ex

Co

Co

M)

Charter*

Louisiana Gas Co

A

(A

3,100

10

£1*

Inc

Fuel

CI

25

55

11%

1

Arkansas

-Associated

Castle

% May

200

22%

2"

Manufacturing Co

dep

Jan

500

10 %

20%

2.40

Arkansas

American

3"%

Co Ltd—

Appalachian Elec Power 4%%

Associated

Jan

23

25

.

II
1%

55

15

Angostura-Wupperman

Arkansas

33

29%

20c

rets reg

'Argus Cameras

*

22%

__5

shares—

Apex-Electric

4%

dep rets B ord—

W)

Apr

25% May

111 Va

common..—.—

2,500

11%

5

Anglo-Lautaro Nitrate Corp—
"A"

Products

5%

—5

Amurex Oil
Development class A
Anacon Lead Mines Ltd:
Anchor Post Products

Carter

Casco

5%

55
,

10,
2

Jan

(J

11%

Jan

1

Apr

American

Jun

22%

..

Jan

1

High

5%

150

_—*

11%

Jan

Low

13,200

24%

104

gCarr-Consolidated Biscuit Co
Ltd—

5%

6

24

2.50
1

Range Since Jan.1

High

11 Va

common.-—-----

99%
23%

22% Mar

250

%

Inc.

——

Shares

24

0

Co

Apr

92%

200

10%

5%

1

9%

150

23

1

Co

&

Apr

3% May

Jan

96%

33

.

preferred

3

10%

%

25

—

33

Feb

23

.100

American Seal-Kap common

Carnation

96%

Laundry Machine——.20

Co

Carman

Kennedy

&

Baxter

Jan
Feb

Carreras

American
Manufacturing Co com
25 '
American Maracaibo Co
——1
American Meter
Co..—————...ft:
American Natural Gas Co
6% pfd—25

V

3%

*..1

American

oferey

6

2%

27%

600

5%

American

V,v>

30%

__

*

common

Feb

3% May

5,100

4 %

29%

30%

25c
American Air Filter 5%
conv pfd—15
gAmerican Bantam Car Co class A
1

Republics

.—19.50

2%

10%

American Thread 5%

Jan

2%

—*

American

2%

7"% Mar

Jan

100

Manufacturing

Aluminum Industries common
Ambrook Industries
Inc,

American

2% Mar

1%

2% Mar

.1

(Mich) common
5
Altes Brewing Co—
——4——1
Aluminum Co of America—

American Beverago

-5

400

stock._1

cap

Goods

Feb

7%

Products

cumulative

2%

2%

of Prices

Low

1

2%

2%

1

Artists

Par

2% Mar

2%

Sales

foi Week

Range

Sale Frice

High

Low

*!>

Last

American Stock Exchange

Range Since Jan. 1

1

....

Allied

Aluminum

High

Week's

Friday
STOCKS

Shares

2%

common..

ENDED JULY 2

WEEK

for Week

Lew

10c

Allied

$3.75

Range
of Prices

Sale Price

FOR

Sales

Week's

Friday

Apr

,

Number 5339

Volume 180

.

33

(81)

The Commercial and Financial Chronicle

.

.

AMERICAN STOCK EXCHANGE
RANGE

Week'l

Friday
Last

STOCKS

Eastern Sugar

beneficial

of

Pricjes
High

Bond

Share

&

*
5

common

21%

22

Emsco

Equity

Corp .common.^.

i

Jeannette

Jun

25

Feb

Jerry

Jun

13% Mar

'

3714

Jan

Jan

15

105

6

800

100 •

12
"■*

—.

Pipe Line

<

Camera

-1

245'a

24%

25 Va

1,400

Oils Ltd

Fargo

.2 5c

114

-IV.

gift

Inc_—.

Sterling

tm

"4,100

Fishman

(M H)

.L.

54
6

Jun

Kennedy's

Feb

Key Co common
Kiddr: (Walter)

1

Jun

241/2

Feb

27%

Apr

16

Tiger
A

Class

B

>
1

Co

Co

Power

Jan

891/2: 92V2

65%

100

8,V|

~i%

"51/4

13%

13%

a

1

91,200

XVff

ft

Corp—

"

common

pfd

General

Outdoor

General

6%

Adv

Mich

Gold

1%

••

6!*

Union

Gobel

(Adolf)

Godchaux
Class

Co

afr--»

29.

Jan

107'/2

Mar

Apr

'

7,200

116'A 116%

75

23/8

2V2

2,000

8%

8V4

1,300

—

Jan

Apr

IO51/2 May

1V4 May
II41/2 Jun

118 3/4 Mar

1051/2

2'A

600

6%

7VB

10,100

IOV4

1,800

203/4

l3/4

Apr

2 3/4

Apr

73A

Jan

Apr

10 3/4
22

19 V.

10

9%

Jan
Jun

Jan
Jan

Jan

Tea—

8 V.

Jan

12 V»

Jan

19 V2 May

1,100

2,100
390

40 V.

Jan

53

Mar

40

40

41

750

32

Jan

49

Feb

80

50

:24

78

Jan

1% Mar

3/4 Mar

86

Jan

Mar

11/4

15,400

%

Jan

l3/a

Jun

4OV2

50

363/4

Jan

471/2

Apr

25

25%

500

24 V2

—

—

—

—

—

—

6

Jan

14%

300

14

Apr

17% Jan

: 3v.

2,700

3

Jun

3V2 May

1

40%
25

14%

3%

14%
3

177 "" 179

1%

263/a Mar

Jan

23 V2

213/B May
.

Jan

7% Jun

——50c
9c

Leases

2

Western Brewery

16V4

275

1%
16

164 %

Feb

182V4 Mar

140

I391/2 140

132

Jan

14OV2

Jun

1% May

2%

Feb

5,200

1%
16%

2,400

16

Jun

6%

4,500

6

Feb

IOV4

2,000

9Vs

Jun

15

Jan

131/2

6V4
10

Jan

141/4

Apr

May

401/2 May

Feb

31/4 Mar

6

9%

Grocery Stores Products common—_—5

40

*

Gypsum Lime & Alabastine—

19% Mar
71/2 Mar

H

.'if

1

2Vs

2 Va

1,300

5
Hammond Organ Company—
—1
Hartford Electric Light
-25
Harvard Brewing Co—
——1
Hastings Mfg Co
2
Hathaway Bakeries Inc——
—1
Havana
Lithographing Co——i—10c
Hazeltine Corp
*
Hearn Dept Stores common—.—
5
Hecla Mining Co
—+—25c

2%

2% -f. 2%

200

Laboratories

Haelan
Hall

Inc——

—

Co

Lamp

—

—

Rubinstein

Helena

1

-*
—-2

,

—

common—'

Co

27%

27

28:

1,050

55'/#
1 %

4 7c

10c

Products—

~3%

;>i%

Apr

1%

Jan

500

3%

Feb

4

Jan

4%

Jun

10

Jan

2 V2

Jan

.3%.-/: 3%

26 i/s

200

2%

'ay*

Horn

&

5%

Hardart

(Harvey)

Humb'e Oil
Hurd Lock

&

Inc

common—

Manufacturing Co

&

Hydro-Electric

8%

Jun

23V2

Jan

100

13 Vs Mar

14V4

Jan

191/4

Jan

2lVa

Feb

931/2

Jan

70

Jan

200

3%

4,200

9

Jan

2 Vs Mar

11%

12

45Vs

Co

20 V2

201/2

20 V2

100

291/4

200

63

66%

9,400

|'/4

300

12%

2,600

3Vs

5

—*

common

registered—£1
Amer dep rets reg new
—£1
Imperial Oil (Canada) capital stock—*
Imperial Tobacco of Canada—.——.5
Imperial Tcb of Gt Brit & Ireland—£1Indianapolis Pwr & Light 4% pfd —100
Insurance

dep

Co

of

121/4

121/4

16

161/4

10

16V8

receipts

5

America

North

10

34
*

91/2

14V4

94 %

96

21V4 Mar

International

Products

capital stock.*
;
5

International

Resistance

Co

A

98

961/2

99'/2

106

May

Service

Co—

preferred
Iron Fireman Manufacturing

51/2

Jun

13% May

Jan

181/4

Apr

30o

Jan

10 Va

Jun

100

5»/a

Jun

5'/a

Jun

8,400

28%

Jan

Jan

363/4 May
111/4

Jun

8 -"Jan

100

Mar

v

t c

12

Mar

1,600

3%

Jan

4V4

Feb

2'/2

1,100

2%

Jun

3%

Feb

see

page.

35.




Jan

18

Feb

Feb

10 3A May.

Jun

18

600

15% Mar

4%

7,900

3%'Feb

53A A>ar

3%

41/2 Mar

?

73/8

Jan

7

Jan

•«»

41/4

100

3

3

100

23/4

jun

33/a

Jan

36

36

100

35 V2

Apr

42%

Feb

4%

"3
—

6 Vs

100

IOV2

10%

-50

2 Vb

2 V.

1,800

61/2

Jan

6

1

Jun

451/2 May

413/4

Apr
Feb

56

Jun

10%

1

■

5% Mar

4V4 May

1

1

Jan

113A

"21/4

Jan

500

14V. Jan

May

13

-

Jan

3

Mar

2

123/4 xl3
64V2

661/4

5,500

Jan

75V2

Apr

223/4

223/4

223/4

100

22 3A July

24%

Apr.

12

11%

12

800

10'A Mar

12 V2 May

153/8

15

153/8

900

11

Jan.

153/4

Jun

243/4

24Ve

243/4

1,600

2l%

Jan

25Vs

Jun

20

20

20

200

15V2

Feb

21 Vs

Jun

33

Jan

34

Apr

29

27 V.

29

225

22

Feb

293A May

27

271/4

51V2

Johnson

Mead

Co

&

6 '/(•■

Hone

Co

Midvale

Mid-West

13'/4

13Vs

13V2

18%

19

11,700
2,100

11 i/s

19

153/a

—lc

vtc

2 M».

4 Vs

33/4

4Va

39,600

5%

6-fir

15,600

17VB

18%

3,100
50

56

56

56

19%

5V2

~5%

123/4

"5%

12%

200

%

%

8%

300

20 »/2

8

Miller

Wohl

5

Co—

Co

1
50c

common—

Mining Corp of Canada.—
Minnesota Pwr & Light 5%
Service

Public

4.50%
Monroe

Jan

20V2

Jun

13%

Apr
Feb

200

24

5,550

24%

14

Feb

1,900

26

Jun

25%

131/2

Jan

18% July

Jan

7 V.

23% Mar

26V.

2V2

2%

1,400

2

43/a

43/,

1,800

41/2

3

Jan

4%

Jun

.

102% 1033/4

100

2,300
100
200

35

35

35

30

10%

Feb

151/2
106

Jun

102

393/4

6,900

37'/b

80

95Va

471/2

Jun

99Va

Jan

Feb

Jun
Mar

353/4 Jun

301/2 Feb

37V8

Apr
Apr
Feb

5% Mar
313A

Jan

98 3/4

Jan

Apr

IOIV2 May

Apr

107% Mar

98 V2

Jan

103V2

200

2%

Jan

110

172 V.

Jan

100

343A

Jan

900

5%

Jan

104

3

Vs

3%

3%
175

174

175

37'%

37'/2

6 s/a

6%
43/8

383/4
43/a

100

3%

100

I6V4

16%

450

116-V.

150

H
73/4

200

%

ft
26

25

26

3%

13,400

115

115

3% May

383/4

8O0

Jan

x7V2

105'A

Apr
Jun'

Apr

43/a July

3% July

Apr

14

Apr

3»/2 May
180
•

7

3%

..—4
—2.50

Co

Feb
Jan

8'A May

Jan

~21/2

100

5
common—2.50
:
10
common.—
50c

Mfg

1

5 Vs

1

Inc.—

13V4

Apr

131/2

18%

39'/2

100

Jan

111/2

241/2

1

cumulative preferred..
Mt Vernon-Woodberry Mills
Mountain States Tel & Tel

Apr

6

71/2 Mar

171/2

1033/4

6%

Jan

3%

10 3A Mar

12

Apr
Jan
Jan

571/4

Jan

5'/2 May

24'/2
18%

100
*

Ward & Co class A
*
participation pfd:—*
Morris Plan Corp of America
10c
Mt Clemens Metal Products
—.1

7

55'A May

11

15'/2

Investors

Moody

19 Va

200

15Vs

Montgomery

8%

Jan

Apr

5%

2,300
5,600

I5V2

cumul preferred series B.100
preferred series C
—100
Loan Society com class A
*

4.80%

Jun

15

12%

———*

common

Jun

4Va July

11V.

31

Molybdenum Corp —
Monongahela Power Co—
4.40 Vo
cumulative preferred

Jun

2 Ve

Jan

113/4

31

pfd

19%

2 3/4

11'/8

193/4

31

50

41/2% convertible preferred

Missouri

1,000

50c

Refineries

13% Mar

Jun

1,900

""%

*
*

common.—,

Jun
jan

2

2'A

1

Corp

,

6

6Vs

18'/a

1
2.50
*
10

common:

5,200

2

2

1

Abrasive

Piping

Midwest

Jun
Jun

-,!_*

dividend shares

non-cum

133/4

291/2 July

Midland Steel Products—
$2

Apr

28V2

common—1
Corp $1 conv preferred—*

Oil

Midland

Jun

93/4 May

11

100

Jan

Petroleum

States

131/4

Feb

preferred

Micromatic
Middle

131/4

22V2

Corp

Co

Sugar

Feb

19

Michigan Steel Tube;.

Michigan

273A

Jan

73/4

300

Inc.

Bumper

Michigan

2IV4

4,000

Co

Brothers

Michaels

1,300
600

8

29V2

1
Merrill Petroleums Ltd
1
Mesabi Iron Co——
(—
—1
Metal
Textile
Corp
common.——25c
Participating preferred
15
Mfg

'

.

73/4

263/b

Petroleum

Mediterannean
Menasco

"7%

common———10
1

Dredging

McWilliams

41/4 May

33/4 Mar
—

29 3/8

& Co common

(AG)

McKee

18

Jan

118

Feb

Jun

iV Mar

1%

Jan

25

Jun

28V2

Jan

7

Jan

8% May

283/4 Mar

7%

331/2 May
63/8-Jan

~5

"5'/4

1,300

43A Jun

15%

5V8

15'/2

900

14'A Jan

16%

Apr

5%

700

4

Jan

6Vb

Jun

53A

Jan

1%

Jan

15%

Jan

N

10

Corp

1

Inc

Alfalfa

National

:—1

Bellas Hess
Fuel

common

Gas

Mfg & Stores common
National
Petroleum Ltd.

1
*

Presto

Meter

Neptune
Nestle

Le

Mur

British

Industries

Inc

Co

common

Dominion

Oil

New
New

New

Jan

90 y4 Mar

New

9%

Jan

12%

Apr

New

4V2

Jun

6ya

Feb

New

3%

Jan

4Vb Mar

New

convertible

2'A
19

Ltd

preferred

13,500

23/8

5,300

193/8

6,800

l\h

1

)h

9'/4

8%

12 V2

12'/«

1

%

Apr

13% July
21/2
20

Jun
Jun

13% Jan
2V8

Jun

1%

11,400

9'/4

4,200
2,100

8%

Jun

11

Feb

xll'A

Jun

13

Jun

Feb

13

20%

Apr

3'/4
1%

1
40c

"2

—100

600

16%

17'/4

1,900

15 Vb

Jan

18% Mar

28 V2

300

18%

Jan

29V2

25V2

171/4

16%

28V2

171/2

Apr

27

3

Jan

171/2

31/4
1%
32

35

123

1

13%

2'/4

12 V.

10% Mar

f—10

common.

—20
Idria Min & Chem Co
50c
Jersey
Zinc
25
Mexico & Arizona Land—l——1
Park Mining Co
1
Process Co common
*
York Auction Co common
*
York & Honduras Rosario
10
York
Merchandise—
i
10

41/2.%

5

18%

13-%

1

!_25c
2
National
Radiator
Co.—;
4
National Research Corp
;—;
1
National
Rubber
Machinery
10
National
Starch
Products
1
National Steel Car Ltdj.
—*
National Transit common
———1
National Union Electric Corp
30c
National

5 V2

Dehydrating &

Co

Milling

New

1,200

3/4

5%

Jan

8

25

Apr

Jan

3V2

4%

1,400

291/2

Tel

10 Vi

31/4

4,300

253/4

Watch Co

3%

31/2

53/8
10 Va

5

&

2%

1

Irving Air Chute

43%
103/a

651/4

*
1

Ltd

&

600

300

51/4

13

..£1
.-10

Shovel

Power

Clock

lO3^

11%

6 3A

Jun

—

—*

Co

England Tel

27'/4

11%

5V4

10 1/2

.

1

Haven

3'/2

*

Apr

—*

New

Jan

1

Jun

4V2

19

Jan

5

New

1

Inc

19V4

4Vs Jan

5,100

2% May

10

New

19%

84

Feb

800

5%

1
—*

—

Jun

6,900

10

113/4

43/a

51/4

1
1

Co

Feb

991/2

22%

90

15,900

41/4

*

19 'A Mar

21%

90

17V4

4'A
5'A

A

34

2%
90

173/4

1
10

National

3%

100

7% Jan

Ltd™

4% Mar

1

3.90%

(The)

Communication

National

10c

Royalty

1%

Mapes Consolidated Mfg Co
Marconi International Marine

National

10%

22

Jan

Apr

5

Stores common
Manischewitz: (The B)
Co

Apr

83

1 Vs

6%

25c
1

Mangel

Apr

7%

2,050

1,100.

Mr

303/4

Jan

103A May
3 Vb Jan

100

Inc

Service Co

Public

Maine

741/2

911/4

Jun

16'A July

93/4 Mar

6%

4%

Mackintosh-Hemphill Co

Jan

12%

260

16%

Jan

-

6%

173/4

Corps

Lynch

Jan

9% July

103/4

Feb.
Jan

12

2

Lunkenheimer

24%

611 Mar

95V2

2,400 v

"43/4

(The) Co
Longines-Wittnauer W'atch Co.
Louisiana Land & Exploration.

57

Jan

V2 Jan
24 3A Jun

153/4

300;.

161/2

-5

Jun

500

200

243/4

15V4

1
5

Chain

Jan

Mar

Jan

441/2

Steel

Locke

18

Jun

9% Mar

%
15

24

16 Va

Jan

Jun

2,000.

24'-

————————

Nachman

Jan

Petroleum

footnotes

9%

ft

9V2

5
_1

class

Groceterias

Namm-Loeser's

Mar

International

For

33V8

9'%

%

34 V»

28%

1,600

preferred

cumulative

5%
Loblaw

Jun

19'

Industries

Ironite

33 Va

5'/8

100

ft

3 Vs Mar

2% May
Jun

1,000

93/4

Apr

3,600.

Fabrics of N Y

Liberty

Jun

31

Machinery

Metal

Public

5%

23/4

5
50c

(R G)

46 »/4

4%

2 5/a

93/4

42 y4

1V4

Realty common

140V2

11

2%

"9%

Jun

14 V2 May-

Jan

2%.

preferred

cum conv

Tourneau

Apr

*

Cigar

International

Iowa

Le

Jan

2%

34% Jan

_10

Muter Company

Jan

10%

150

Co

Feb

*

International

Investors

5%

Lefcourt

130

IOOV2
29

64Va

700.

1 Vs

common

Apr

13 V. Mar

431/2

121/2 Mar

Imperial Chemical Industries—
American

Inc

161/2
3

14 Va
41

University

Extension

Salle

Jan

I
Illinois Zinc

La

Sessions

&

Lamson

Ohio

1^1/2

44%

133/4

Apr

;

9% Apr

Jun

401/4

Muskegon Piston Ring
Muskogee Co common.

Jan

14

Jan

73/4

30 'A.Jan;

400.

173/4

Murray

Jan

11

25

43 3/8

,

21/2

Lakey Foundry & Machine
Lamson Corp of Delaware—

Jun

2%

1,750

8V4

8

1

Jan

IIV2

13 Va

12

423/4

Jan
Apr

Apr

1 Va

Mines Ltd

Shore

8%

12 Vb

20

Jun

13 Va

2%
37TA

2'%

Inc

12 V2

300

125

3%

.

105

l
Apparel

Jan

101/4

45'/4

Jun

791/2 May
10 3/4 Jun

May

May
26% Feb'

10%

Laclede-Christy Company
L'Aiglon

Apr

600

140V2

102

Z
103

1,000 P

7.50

Co

TV

Jan

300

139

2V« Mar

10 Va

_

Forge Co-

Kroy
Oils Ltd.
Krueger Brewing

SMuntz

6%

3,300
12 %

Jan
Jan

33 %c
20c
1

Stores

(The)

Kropp

81/4 May

200

8

1

5

*
———-5

Securities

.Hygrade Food Products

6 Va

10

15

Refining capital stock—*

Feb

Jan

——,—100

preferred

Hubbell

4V»

400

*

0

45'/2 July

181/4 May

4,700

14

—*

Baking Co—

Jan

May

125

121/2

Hormel (Geo A) & Co
Horn & Hardart common.

1% May
Jan

1,300

5,600

Hollinger Consol Gold Mines———5
Stores Inc,.—
1
Co common
1
*
:

57

Jan

11/4

Holly

Inc

30% May

52%

2 '

11%

Horder's

Jan

Jun

300

44%

Higbie Mfg Co common
—1
5%
convertible preferred—„—10
Hoe (R) & Co class A
2.50

Holophane

22 »/2

3Vs

400

preferred
Henry Holt & Co common
Hercules Steel

2V4 Mar

55%

preferred———__—-100
100
1

5 V2 %
'

l7/s

1,000

55%

*

common

A—

Class

Heller

Kobacker

Mid-West
2 V2

13,800r

—*
10

common

Mays (J W) Inc commonMcDonnell Aircraft Corp

Apr

9 V. May

63/s

%

80

2%

Feb:

1%

15%

Jan-

35

33

35

—5

Co

Rubber Co—

Apr

49'/4

139%

Hydraulics Inc

(I B)

;

Knott Hotels Corp..

25.

Jan

213/s

—1

Greer

Emil)

(D

Kleinert

Ltd

M Co

Massey-Harris-Ferguson

;.J

Co

Klein

—

G

Marlon

3/4

■

preferred

Kirkland Lake

131/2 Mar

Jun

473/4

1 Va

lVa

143/4 Apr
1% Jan

4,600

1

—T

11% Mar

105

8
.

114

1'/a

1
1
10

—

2 Va Mar

10

100
•

91/2 Jun

Jan

l3/8 Mar

100

'

,

'

18

—-:10c

Chemical

&

Freehold

.vnia^Mar

»V|4§iiuJ®n

'l,40o **"

9%

6%

*
preferred--!——„———100

Lakes

Gridoll

/.

-i-"'

1%

211/2

22

Co

Pacific

Great

Griesedireck

Jan

47%

Mines

Industries Inc

Oil

"V

1%

—»

l'/2

Va

Non-voting common stock—
1st

16

Co.™:

&

Products

Class B

*

*
1
50
Gorham Manufacturing common
4
Graham-Paige Motors 5% conv pfd—25
Grand Rapids Varnish
1
Gray Manufacturing Co.
5

7%

•

11

—

~2%

preferred

Manufacturing

&

Jun

-1

Consolidated

Atlantic

July

1%

1023/4

——5

Inc..

Inc

Goodman

Great

1%

1

—*

Amer

5

Jan

6 V2 May

28%

11
—

—

*

Goldfield

Great

13 i/s July

Jan

.

__

10

Sugars class A...

prior

125

'

—;—*

B

$4.50

(4".Feb;,

IVz Jan

105

8

class B__

Distilleries

Globe

18

'/■"jy,

28

28

*

Coal——

Alden

500

"In

5
*
—5

Inc

Lodge & Shipley

—1
;

Co„——

Glenmore

1%

3,900
-

Apx»

6

4V» July

2,700

1%

116%

Mines

common—

50c

Jun

111

Jan

-10%

10,700

5

—*
*
.-1

Corp

(A C)

Jun

251/4

Jan
Jan

3

500

13 Va

171/4

2]i/4

1,000

7,500

*

Kirby Petroleum

Lear

1%

1%

Gladding McBean & Co
Glen

Jan

IV2

—1

Corporation

Yellowknife

Gilchrist

10%

1%

50c
preferred
20
$6 preferred—*

—

Giant

5,00Q

"l%

Service

Georgia Power $6 preferred—
$5 preferredGerity

Feb

Jan

5

11%

13.'-'

Plywood Corp common

Gilbert

61/2
15%

4%

100

pfd A

5%

Corp

Fireproofing

Stores

Jan

1061/2

—£1
10
5

dep rets ord reg

Public

4%

Ltd—

Co

convertible

Jun

lft July

Jan

3,500

25Va

lVa

100

pfd.

41/2%
!

Apr

8%

Jan

~5%

5

1V4

Kings County Lighting common
4%' cumulative preferred-——.:——50

Lake

4V»

Finance

General

106

Jan

15

■

24%

*

100
•—— 1
...—I

General

5%

Jan

Apr

4

Co

Electric

General

102

4%

2,803

8%

1 A"'/
J. 18

1%

*
Supply Corp com—_1
convertible preferred.ft.1-25
Alloys

American

Jan

71

4,600

100

95

Warrants

Generol

May
71/4 Jun

Jun

5%

Feb.

%'■

common

Acceptance

General

21

17 V2

3,800

France—

preferred
Mfg Co common

5%

IIV2

2,100

8%

General Builders
v

Apr

191/4

100

deposit receipts ord reg.£l

Gellman

•

Jun

; .e%

G

General

Jan

61/4

61/4

92

American deposit' receipts bearerPitt Brewing Co_.
1
Fox (Peter) Brewing—
..1.25
Fuller (Geo A) Co
1
5

General

72%

Jan

18V2

Fort

5%

5Vt Mar

July

37/a

75,300-

Ltd—

Motor of

Gatineau

3 ft

43 Va- Jan

1,800

51/2 ';/ 61/4

1%

*
-*

voting

Motor

American

,

.':55

54

1

non-voting

Ford

is

Jan

9%

—1

Inc

Class

Ford

3

2 Ve

Jun

of Canada—

Motor

Ford

Line

-

lil8

1

Co Inc

Fitzsimmons Stores Ltd class A

Flying

3 i°u

*
10

2.50

(Phila)

Association

Firth

13/8

4 'A

314 .Jun

200

1

Corp...

5Va

1ft Feb?

May

19,800

Petroleums Ltd—;

Federated
Fire

:

•

31/4

-15c

Co

Kingston

Instrument

&

Motors

31/4

»

Kansas Gas & Electric

37V2

Jun

F
Fairchild

Kaiser

31/4

10c

Inc

Jupiter

Kawneer

20%. Jan

120

1

common

Kokenge Co.
Oils Ltd

Jun

ft Jan
ft Jan

800 *

1*6

17

O'Mahoney

Jan

4'A

v9,100

17

.—10

common—

Co

Julian &

3 Va

-

4%

"■

^—__1
$1 or 25c

Glass

Jan

*33"

200

8
Apr
23Va Mar

Jun

Jan

2

;

Eureka

High

Low

-High

Mar

-

Warrants-.
i

Range Since Jan. 1J

Shares.

Jun

Jun

15,800

371/4

22% July

19%

101

17%
3"*

-i——1

Inc.
„—
Corporation Ltd

Eureka

10

6%

Feb

13V4

>

700

~2%

27'

10 V4

59,000

14i

101-1

101

i—10c

$2 convertible preferred—
Esquire

22%

14%

—1
pfd_—100
1
Manufacturing Co—
1
5
5%

Electric
Empire Millwork Corp_
Empire District

101

Jun

21
700

10%

Electrographic Corp common:

|

of Prices

Low

Par

High

20 *

30

preferred
Easy Washing Machine class B—

•

Loeo

ftfr Week

Range

Last
Sale Price :

American Stock Exchange

Range Since Jan. 1

Sales

Week's

Friday
STOCKS

Shares

int—1

$2

Elecirtc

JULY 2

Associates—

shares

Common

of

Low

Par

'

WEEK ENDED

for Week

ltange

Sale Price

American Stock Exchange

FOR

Sales

18

3V4

100

2

1,100

35

2,600

1% Mar
24%

3%

1*6

2/,-

15,500

I22V2 123%

1,080

2%

500

2V4

33/4

21/2 May

Jan

35V4

Apr

4V2

1{J Jan

2%

Jan

124%

2Y2 Apr

31/2

Jan

9%

1

Jan

3

115Vs

2%

234

48,800

42

41%

42%

7,500

36Va

Feb

193/4

16'A

193/4

31,900

ll3/8

Jan

1%

l'/2

1%

16,200

10 V2

IOV2

10 V2

33 Vs

313/4

34

"2%

3/4 May
45

100

4,800

Jan

93/4 Jan
20

7%

Apr

Feb

Apr
Feb

212 May

7

2%

Apr
May
Feb

44%

Jun

Feb

Feb
May
Jun

19% July
2

52

101/2
34 V2
9

Jun

Jan

Jun

Jun

Apr

7

34

(82)

The Commercial and Financial Chronicle

..

Monday, July 5, 1954

.

AMERICAN STOCK EXCHANGE
X
Friday

Week's

Last

Range

STOCKS
American Stock Exchange

Sale Price
Par

Niagara Share Corp common.
Niles-Bement Pond

Nipissing

Mines,

i

Low

17

20%

21%

5,200

2%

700

4%

1,700

2

1

,J

Uioh

2,100

2%
4%

4

A

Non-Ferrous Metals Products Ltd—

North

American Rayon

Is

%

—1

1%

Canadian Oils Ltd.

North

Central

Northeast
North

RR

Ind

A

Jan

Par

3%

Apr

Sentinel

22"% May
2 i'i Jun

24%

24%

1

4%

Vb

5%

Jan

1%

Jan

100

37%

Apr

1 %

Jan

4%

.

,

3,200

4%

100

--

13,000

26%

5,100

—

pfd— 100

3,000
1,600

31«

,50

Serv 4 % %

Jan

1%

2

2%

—5

____

2%

__

:

Pub

16%

41

1%
41

25

Oil

Co

%

preferred ,50

Airlines,.

Penn

Northern

Texas

$3

21%

Jun

Sentry

Safety

Serrick

—

18%

•

100

30

y4 Feb

95%

27%

Jun

4"%

Jan

Shoe

91%

Apr

Sicks

101% Mar

Corp

Signal

Oil

Ohio

Brass Co class

Ohio

Power

OkaJta
Okonite

B

—

Ltd,

Company

United

125

44%

Jan

51

105%

Jan

110

Feb

1%

Jun

2%

Filters

75 %

class

77

675

9

9

1,500

6 %

1

L

75

6%

9

7

B

*

19%

I

Securities

44%

%

45%

15%

9%
6%

Apr

20

300

Jan

37%

Jan

Soss

15%

Penn

Pacific

Gas &

5%%
5%

1st
1st

5%

Co

common

Electric 6%

4.80%
V

$4.40

?'

$4.75

—25

,25

&

Pacific

Public

Light 5%

Israel

Oil

102

Co

Traffic

___

class

7%
22 %

56,000
125

20%

Jun

"1%

~1%

2%

1 Bol

2%

5%

'

,

■

—

_4%

—

Feb

26%

1% Jan
Jun

2%

Jun

Jan

6%

Apr

Jan

56%

Jun

4%

1,600

17%

500

13%

Jan

21

17%

1,300

13%

Jan

20% Mar

1

6 %

55
2

_

—1
0
.

.

——_

_

—

!

common

Corp

—1

13%

13%

14

38%

39%

_

Scale

Polaris

Mining Co
Pow.drell & Alexander
.

Inc

Metals

„...

25c
common

3%

200

20%

1,500

I~IU n

0

common

2.50

_

1

19%'

_—1
Q
«
_

_

Feb

4%

Jun

60

68% July

May
Feb

5%

Jun

4% Mar
26

May

~1%

Jan

1,500

2

1,190

65%

Jan

70%
42%

3,000

.

24

40%

"2%

Jan
Jan

3%

Feb

!

'

500

.

24

3%
6%

20

Jun

6% Mar

8

Jan

25%

Jun

Jan

800

3%

21%

2%

Jan

6%

5,500
600

5%
36

3% May

Feb

7

Jan

May

44%

44

350

111%

Apr

10

11

1.600

40%

Jan

46 % May

11%

10%

13%

43,600

9%

Jan

n'

3

44 %

r

3%

32,100

1%

2,200

8
Apr
2% Mar

13%

1%

11%

11%

100

1% May

1%

9%

9%

9%

1,400

,V

10%

100% 101%

125

37%

300

15%

15%

1,050

14

5

_

__

.

..10

24

Apr

38

--

Jan

Jan

39

98% May
31%

xl03

Jan

<

Feb

38% May
16% Feb

40%

Jun

26

Raymond Concrete Pile

Reading Tube Corp

24%

26

300

Preferred
Reda

__1

21%

Jan

26

July

Co

&

Co Inc

—

Radiator,,,,

dep rets ord

Electric

Royalite

Oil

Feb

Jun

26

Apr

1

1

„,

Steel

Corp
Co

Russeks Fifth

V2

24

Jan

6%

7% May
8% Jun

7%

7%

200

6%

Jan

8%

500

6%

Jan

%

12

900

1*6

Jan

32%

32%

100

25%

Feb

9%

14,100

7 % May

%

"9%

8%
30

1

8 %

12.50

27%

4%

Apr

5%

Feb

200

7%

Jan

9%

Jun

8%

8%

300

5%

Jan

27

27%

6,100

26%

Jun

46

Jan

27%

28%

1,100

25

preference,,—25

Jan

x41

Jun

300

32%

Jan

38

Jun

27% May

1

Royalty

Shoe

Co

5

-

Corp

51

51

52

1

5%

*

4

Inc

Dredging Corp

convertible

500

41%

4%

Jan

400

1

4%
22%

22

22%

1

12%

12%

12%

Corp
Inc

1

<Ky)

3% Jan

Standard
Standard

Tube

Starrett

of

Steel

Parts

Stein

(A)

14% Mar
2% May
56% Jun

900

51

Stetson

23

23%

29%

30

14%

14%
14%

200

1

10%

10%

10%

6%

6%

6%

B)

700

B

1

1

—

—

5

2,700

16%

Jan

400

25

Jan

13

Jan'

13%

Feb

14%

Jun

Feb

11%

Jun

5

4%

5%
36

3%

—

*

common

2%

'29%

Mar

600

2%

3%

Jan

Superior

Portland

13%

9%

9 Vs

1%

..

1

:

■

13%

Swan Finch

Oil

1%-

1%

400

Talon

Inc

Class

class

B

Texas

A

Inc

Power

Thew

18%
29%

Thor

50

18%

18%

^ .'

7%

Jun

5

Corp Ltd

5

Milling Co Ltd
Sapphire Petroleums Ltd
Savoy Oil Inc (Del)

400

2%
95%'

Sayre

&

Fisher

Schick
Scullin

Steel Co

Brick

3,600
320

%

Jan

5

Seaboard

Western

5%
14%

Jun

25 %

400

20%

Feb

27%

Jun

2% Mar

4%
17

Jun

4

15%

11%

Seeman

3,400

15%

200

Bros

22

2%
89

Jan

Jan

650

10%

Jan

14%

Feb

10%

1,050

10%

Jan

13%

Feb

62

300

52%

Feb

62

12%

12%

106

5
•

Corp

11%

10%

12 %

0

pfd

11

106

20%

,

_1

20%

12%

common....... —20

14%

_

_

Inc

100

21%

•12%

4.200

1

8%

13%

3,300

14%

15%

1,800

*31%

25c

_.

106

7,200

31%

350

99

Security Trust Co

Shipyard

Toklan

Corp

Royalty

Ltd—

11

10%

11%

3,500

5

10% May
10% Jun

5

22%

2%
4%

400

23

1,300

14%

Jan

500

2%

Jan

2%
4%

2,000

5

Jan

Lux

True

Corp

Temper
Inc

—

—•

53

4%

Jun

5%
24

Ulen

Jan

5%

Jan

w.»r

fontrinfpR

x52 %

9%

9%

5,200
600

38 %

Jan

9% May

53%

Jun

9% May
2% Jun

A

2%

55,200

5 %

5%

500

4%

Jan

bJ/8

2%

500

2%

Jan

2%

500
100

44%

Jan

3,000

3%

Apr

99%

2%

2%

2

2

1

3

3

3%

6%

44,400

23%

18 July

3,700

6%

800

6%
23

4

22%

A

125

94

6,800

A Jan

19

700

15%

Jan

20 Vb Mar

18%

1,000

18%

Jun

23

Co Ltd

1 %

200

1 %

50c

1%

July

1

Airlines

1%

___1

5%

1

2%

12.50
see

nare




35

,v

5%

13

2,200

1A Jun

5%

1,200

5%

Jun

2%

200

1%

Apr

14%

2%

—

Corp

Chemical
of

Gas

Union

Investment

Union

Oil

$3.75

Co

United

of

11

Jan

57%

Jan

4% Mar

Jan

101

Mar

1%

Jan

2% May

Jan

2%

2% Mar
4

18%

Jan

3% May
6% May

Jan
Jan

24

16% Jan

—

May

19%

Feb

2%

Feb

5%

J

Jun

RR

S

U

S

8%

Feb

Jan

98% Mar

&

Canal

33

6

5%

450

94

32

1,200

33%

350

7%

7%

5

200

229

25

—25

common

common

44

39%

1

_

3

1

______

6%

Apr

36%

37%

39%

900

36%

Co

.

50c

common

Oil

—1#

Insurance
Co

common.,.—10

5

,

45%

Jun

Jan

40% May

600

9%

Jun

14%

Jan

7,700

2%

Jan

4%

Feb

2,700

71%

275

60%

15,700

8%

16% May

8%
98

1,800

19

Feb

62

Jan

71% Jun

39%

Jan

60% July
9% May

'

5%

6%

Jan

2%

/

'

57

98%

150

5%

5%

800

4%

Apr

7%

Feb

1%

300

1% Mar

2%

Jan

2 %

3

6,700

Jan

3

Jun

57

400

56

88

Jan

98% May

56

Jun

67%

23%

10

_

Jan

5% Mar

1 %

1
1

...

Anr

%

Jun

18%

54%

98%

236

Jun

Jan

Jan

5A Apr

3%

10

3

18%

8%

*

-

Consolidated

7,200

60%

*

common.

Corp

44%

71%

preferred with warrants

Reclaiming

x42%

A
4

Jun

Feb

8%

Jan

150

18%

1

221

30
100

Feb

6%
36

4% Jan

%

e

preferred

89

Apr

4%

9%

10c

__

_

231

%
4

_.

Jan

Jan

30%

—.

__25

Sugar

96%

75%

100

common

_

Products

96
'

7%

1st

Utah-Idaho

100

"5%

common

class B

Universal

8%

42% May
8% Jan

96%

20

'

Stores

Jan

registered-._10s

Conditioning Corp

Rubber

Jan

33%

I100

International Securities

S

3%

500

Ltd—

Machinery

Radiator

3,400

8%

common. _50c

and

$5
U

4%

40%

—.

*

A

Omaha—

Sharing

convertible

Jan

4%
39%

4

__

...

ord

Specialties

U S Foil

U

Co

Finishing Co

$4

of

Corp.

Preferred

S

series

preferred

Air

_

2%

4%
40%

5

__

*

Porducts

rets

Profit

_

_

Products

dep

United
S

Co

Yards

Aircraft

Amer

_

California^-

preferred

Union Stock

10c

Corp

Canada-

300

12%

Jan

1%
1%

Mar

Jan

Valspar Corp
$4

common

convertibel

Vanadium-Alloys

Apr

Venezuelan

7%

Jan
Jan

Steel

Jan

33

'

•

——

2%

22% Mar
2%

to

900

Apr

May
28% May

%

15%

9,600

9% Mar

Feb

5%

5%
86%

10

23%

100

25%

24%

25%

__J20C

3%

3%

3%

2,300

3%

Jan

1

4%

4%

47'8

4,300

4%

Jan

6% Mar

27%

27%

50

24%

Jan

13%

13%

100

1
_

3

23%

Petroleum

Syndicate Inc
Corporation
Virginia Iron Coal & Coke Co
Vogt Manufacturing

Jan

86%

1»

Vinco

14% May
15 % July

5%

2%

23%

5

...

_

Co

Venezuela

2%

1

preferred

_

14

14%

Feb
Mar

2

13,800

1

«
_____

6

Jan

1

1%

*

Jun

Feb

2%

Jan

18

99%

Corp

Realization

Universal

53%

7

32% May
9% Mar

3%

51

2

0

Unexcelled

Jun

3% Mar

15% May
16% May

Jan

5®« Mar

2%

_

_

'

1.25

___1

warrants

Union

Feb

Feb

9% Mar
10% May
21

u

May

13%

Jan

3%

51

~3%

preferred.—_. ,100

Mining of Nevada,
Empire Oils Ltd.

Trans

—

70c

_

Tonopah

10%

13

24

''

20

common

Corp.

Toledo Edison 4%%

United

Jun

Apr

44%

____

deposit rets ord registered. —£1
Amer deposit rets def registered.
5s

U

Feb

Jan
Mar

22%

Stocks

Amer

Mar

Jun

19%

110

Jan

Tobacco

39%

800

20"%

Jun

Feb

35% July

32%

2,100

11%

5

10

106

14%

18%

U

Jan

11% May

900

Jan

■I

18%

•

Feb

61%

900

Molasses

18%

,._L

Feb

200

34

Jan

1%

Inc

9%

8%

Milk

19

Selby Shoe Co

Feb

10%

1

Inc.

Elastic

18%

Securities Corp General

May

Jan
Jan

36%

22% May

39%

*

20

4%

x9V8

;

22%

18% Mar

10%

1

1

17% Mar

200

:

61%

*

common

Allied

United

____,50c

common

Scurry Oils Ltd
Scurry-Rainbow Oil

Jan

8%

17%

38%

2%

31

22%

600

39

1

_i

Jan

26

35%

900
♦

11

25c

Co

Inc

Apr

1

9'% Mar

Feb

9% Mar
19

2

Jun

20%

5

United

22

__i

Jan

Jan

9%

Realty & Construction

Jun

18%

8
„.

Jan

3%
22%

&

Jun

20%

53%

•

700

3%

—

5

Markets

Roofing

Jun

1

1

2%

Apr

20% Jan

Tishman

Universal
common

Carlos

Apr

12%

3%

15

Light $4.56

Co

34"% Apr
9% Jun

S
San

9%

Tobacco

United
St Lawrence

Feb

'

25%

1

common

Corporation

Tilo

3%

19

22%

Feb

15% Mar
*

11%

*

common-

Chemical

Thorofare

3%

20%.

1

1%
2%

3,600

29%

'

12

common

&

Shovel

Thlokol

Feb

2%

1

Jun

Jun

18

Jun

9% Jan

400

375

5

1

common

Technicolor

Jan

94%

1

12%
-

1,800

2%
22%

17

18%
—.

_25c

Inc

;

2%

1

Corp

Tampa Electric Co

1%

*

Ryan Consolidated Petroleum,^
Ryerson & Haynes common

■

500

9%

21%

5

:

4

'

*

■

Cement

5%

36% Jun

16% Jan

•

.

13%

1
—10 c

Drug common
Supermarkets Corp

5% Mar

Feb

200

Jun

May
Jun

7% May

Jan

5,400

-

'

Ray

*30

v*l5'';

'

—

common_5
w

(Hugo) Corp
Stop & Shop Inc
Stroock (S)
& Co common

Sunrise

8

24%
—

4% Jan

—

4%
35%

May

13,700

■

Stinnes

Sun

Feb
Jan

1,000

,1

& Co common

(J

1%

41%

■

1,000

14%

ordinary
Corporation

23
"

23

Corp,,:

5% May

Jan

29%

Canada

Jan
Feb"

1

Co

class

3%
18%

t

1%

200

1.25

Ryan Aeronautical Co,,,,,.

Jan

5% Feb

11%

10

Sterling Aluminum Products
Sterling Brewers Inc...
Sterling Engine Co_L__,i
Sterling Inc

500

10

common:

Jun

5%

500

1%

49%

B

(The)

Co

5,700

£1

Ltd

54

1,000.

:

Light

Products

Steel

.1,600

»

14%

&

class

1%

50

1

5

common

preferred

Power

4%

1%

10

Packaging Corp

United Shoe

.

6% Mar

Jan

300

5%
-4

—20

common

preferred

Forgings

Standard-Thomson Corp

3%

2V2

5

Feb

34%

25% Mar

3%

95%

,,5

Jun

28%

500

Jan

United N

Co,,,!

51

26% May

40% x41

Jam

2%

l

reg

Jun

32% Mar

Feb

3

'2%

10

...

5%

United

30

100

pfd F_.

common

Ave

4%

81/4

50c

Rome Cable Corp
common.,
Roosevelt Field Inc

(The)

24%

23%

500

*

Rochester Gas & Elec 4%
Rolls Royce Ltd—

Rowe

Jan

2,100

6%

5

Rico Argentine
Mining Co,,,.
Rio Grande Valley Gas Co—
(Texas Corp) vtc

Rotary

22%

25%

6 %

1

Engineering

Rice-Stix Inc,

American

375

24%

1

Co

Remington Arms
Richmond

23

6%

7%

Jun

2,000

9 %

25%

Jun

24%

1

(Robert) &
Reliance Electric

4%

24

6.25

Pump Co

Reis

Jan

*

L

—

Regal Shoe

3%

_10c

__10

common

common

24

4%

9%

24%

Trunz

A

Jun

4%

1

R

Railway & Utility Investment
Rath Packing Co common

4% May

400

Tri-Continental
*

.

24

4%

Jan

1,100

Trans

Q
Quebec Power Co

Jan

3%

Mills

25%

Todd
__

35%

May

26%

Common

147/a Feb
9% May

Jan

350

8

Jun

3% July

Jan

37

*

com,

July

.

11%
101%

May'

29

25

Convertible

Jan

3%

50

40%

40

19% July

40% May
113% May

3%

10,100

33% May
6% Jun
21%

26

Jun

2% May

6%
■

6%

34>/4

Jun

20

6%

~3%

31%

Jan

Jun

Jan

3

%

19

34%

Superior Tool & Die Co

70%

100

Timber

May

6% Mar

3% Jan
20

Ape

17

>'

cumulative preferred

_

41%

14%

20

Jan

4%

15% Mar

'

w—"

1

_

Public Service of Colorado—

Pyle-National Co common
Pyrene Manufacturing

14 Vb

33%

'

■

,

_

&

Jan

35% May
3% Jan

4.1O0

*

_

Jan

11

100
.

_

Jun

55

in

2%
69%
'

.2.50.

—

common,

Pulp

"1%

10

__

America—
East Dome Mines Ltd

Puget Sound

3%
20 Vb

2%

2.50

12%

1,300

0

of

Gas

450

5%

1

Producers Corp of Nevada
Prosperity Co class B
Providence

12,500

16%

70%

_•

Pratt & Lambert Co.

Prentice-Hall

5%

300

,_

_

Power Corp of Canada
6% 1st preferred

8% Mar

Jan

1,300

1

...

common..

Feb
Feb

68%

5'/a

Feb

5%

16%
'

8%

5%

63

5%

Mar

26%

■;

16%

—_5

common

_

:

68

•3%

Jan

4%

20

38'/a

20%

-

1,200

7%
U-

50

common.

Pittsburgh Railways Co
Pleasant Valley Wine Co
Pneumatic

1

—

Pittsburgh & Lake Erie
Pittsburgh Metallurgical
common

7

shares, ,10s

Amer

Pioneer Gold Mines Ltd

Piper Aircraft

55

55

7%

'

Jun

6

2,500

1

_

Ltd

6%

2.50

(The)

Johnson

6

1,800
7,800

26%

Standard

2% Mar

17%

-

6%
21 %

Jan

4% May

25

Standard

Jun

3% Mar

28

25

Standard

Jan

17%

,

6%
19%

—

Oil

-~-2

.

Jan

3% Mar
32

6%

Co
Co Ltd—

Feb

July

800

20%

preferred
Line—

Pipe

Standard

Feb

2

*4%

preferred-——,25

105% Mar

•

29

4%

~4

:*

common,

Industries

73

53

"4%

.—*

preferred

Standard

Jan

9,600

:

8,800

___1

common

12% Mar

Jan

6,400

5

5

24%

cumulative

Standard

Feb

71

9,300

>:J 2

2%

_

1%

'

23

23
28

23

1

May

18%

38

Spencer

Apr
106% Mar

26%

•

•

2

36

27% May
28% May

•

37%

Stahl-Meyer

'

-

Feb

common—

Co

106% Mar

37%

'

.

Jan

25

$1.60

101 %

300

22%

102%

Jun

105

'

Jan

.104

10

8%

preference,,
cumulative preferred

Southland

105% May

1% May
7% Jun

♦

Co,—;,—

Pierce Governor

4%%

.

1,600

101 % 101%

_

Preston

10

8

2: Bol

A

..

\

Jan

7%

Pepperell Manufacturing Co (Mass) -20
Perfect Circle C6rp
;
2.50
«
Phillips Packing Co
Phillips Screw Co
,10c

t ■,

97%

420

2%

'

Pennroad Corp common,
Penn Water & Power Co

Pressed

103%

—

vtc.

Patican Co Ltd

New

105%

May

23%

convertible

Southern

28% Mar

Jan

0

vtc

....„

Pinchin

Jan

98%

2%

l.

(C A)

B

Pep Boys

Jun

26%

590

«

Parkersburg-Aetna Corp
Patchogue Plymouth Mills
Penn

27%

1,800

—2

Pen

Class

300

28%

28

27%

July

94

4.32%

Feb

104

28%

49

Jan

4.08%

Mar

28% May
28% Mar

_

Pantepec Oil (C A) Amer shkre
Paramount Motors Corp.
Park Chemical
Company
Parker

30%

Jun

"2%

common.

Pancoastal Petroleum
'Pan

33

Jan

27 Vs

28

100
_

$1.30 1st preferred

Page-Hersey Tubes

Jan

28

105 % 105'/a

pfd

common

,30%

200
700

32%

Jan

104 % 104%

registered—__£1

convertible

4.48%

36 % Mar

29%

.1

Service

400

Jan

28%

32%

1

Petroleums Ltd
Power

33%

Jan

74

Apr

common...

cumulative

4.56%

22% May

29%

104%

Airlines—

Pacific

2,700

35%

Jan

27%

*

preferred...
preferred

Northern

Pacific

i

32%

13%

400

22

35 %

29%

cum

dividend

Pacific

35%

__25

:

21%

1st preferred
25
1st pfd series A— —25

red 1st preferred—_
Lighting $4.50 preferred

dividend

22

pfd, ,,25

preferred

redeemable

Pacific

1st

preferred—

redeemable

5%

5

_

4%

40%

2,100

1

Oil

original

4.88%
Can

3,100
3,600

90

Southern California Edison—

5%
Pacific

8

49

88%

Publications—

Manufacturing

South

Jun

7%
47%

26% Mar

A—

Jun
Mar

89'

16

class

Jan

17

49
*

100

Paper

South Coast Corp

45% July

Jan

15% Jan

400

ord

(Howard)
Sonotone Corp

Jan

13%

rets

100

18 %

common..

Smith

May

4%
17%

~7%

17

35%

preferred

Pattern

dep

10%

18%

Manufacturing

Amer

15

Jan

2

convertible

Singer

Jun

5%

34%

A

+

Ltd

10%

11,900

*

Singer Manufacturing

Jan

Jun

15

175

$3

A Mar

100

10%

*

class

common,,,,,

Simplicity
Simpson's

Jan

98

Feb
Jan

3% May

850

15%

45

1

Apr

Hi Mar

15% Mar

3,000

16%

3%

July

8%
6

150

4

15

■O'okiep Copper Co Ltd Amer shares, 10s

75

100

19%.

3%

1

Jan

Co

Simmons-Boardman

Jun

60

108% 109

25

common

Inc

Overseas

49%

49

100

Olympic Radio & Television Inc
Omar

2,000

90c

Old Town Corp common,,
40c cumulative preferred,,.

Oliver

3%

3%

*

common..

4%s preferred

Oils

3%

High
4% Jan

10%

Canada-———*

of

Gas Co

&

.

'

100

America
Ltd,

B

1,100

3% May
% Jan

9%
17

5

Breweries

Silex

_50c

of

1,100

10%
10

—*
25

Power

4 %

Class

Ogden Corp common...,

&

Since Jan. 1

Low

3%

%

1

'Range

High

3%

*

______

common

preferred
Sherwin-Williams

3%

—20c

Mining

Water

Sherwin-Williams

Jan

Jan

Inc

Shares

10c

common..

Denn

Shawinigan

Jun

3/« Jun

Feb

Corp

for Week

Low

1

common

Control
class B

eLather

Shattuck

2% Mar

Jun

3%
87

"l-> '

Corp

Servomechanisms

Jan

42%

Radio

Sales

Range
of Prices

Sale Price

High

Jan

Week's

Last

American Stock Exchange

<

Seton

American dep rets ord shares
Norden Laboratories Corp,
North

Friday
STOCKS

Range Since Jan. 1

21%

1

_

1.

Shares

20%

21

_

—

_

21%

*

,,

Noma Lites Inc.,

of Prices
Low

-5

__

...

RANGE FOR WEEK ENDED JULY %

Sales
for Week

_

.

_

_

—

10

3,500

4,100

*

5

"

May

74

Jan

86%

Jun

22% Mar

24Va

Apr

32%

Jan

4%

Jan

23% Feb

12% Jan

7

30%
15

Feb

Feb

Mar

I

a ' #

4

*

m

»

1

Number 5339

Volume 180

.

.

The Commercial and Financial Chronicle

.

(83),

AMERICAN STOCK EXCHANGE
RANGE FOR WEEK ENDED

Friday

Week's

Last

Range

American Stock

Exchange

of Prices

Shares

Sale Price
Par

Aircraft

Low

Friday
BONDS

Range Since Jan. 1

High

Low

Wagner
«

T/o

^

Baking

voting

ctfs

preferred

*

ext

100

_

Waitt & Bond Inc_
$2

cumulative

Wallace
Waltham

Ward

Tiernan

&

Watch

110

1

preferred
Co

1%

30

Inc

~5%

5%|

110

1%

27%

1,600

21

Jan

27%

Jun

1 %

1%

9,100

1

Apr

1%

71/2 May
7% Feb

9%

14%

10c

153 Va

4%

103%

Jun

6

Mar

185

May

700

101

1

Th

331/4

9%

Auto

5% %

Inc

Whitman

Wichita

(Wm)

River

1

I

preferred

&

8%

Wickes

(The) Corp
Williams (R C) & Co
Wilrich

Petroleums

Wilson

Brothers

5%

Ltd

common

Jun

preferred

Industries

Woodley

Petroleum

American

6%

4.900

6%

300

12

%

Wi

deposit receipts

2%

20

12 »/2

12%

12%

39%

41%

15%

1,800

1

2%

11

£1

1

*

87/e

3%

fH tr

Friday
Interest

45%

.

American Stock Exchange

Period

Sale Price

Bid & Asked
Low

Appalachian Elec Power 3%s 1970
6s

Aug

2%s

June-Dec

1998

1

series

Chicago Transit Authority 3%s

Apr
Jan

No.

daily closing

46%
.36%

,

53/4

3%

4%

27

3%

5%

dividend.
during current week.

transacted

being

101%

105%

104%

12

99%

6

97

89%

3

85%

65'A

24

63

55%

56

34

54%
103 7%

as

compiled by Dow, Jones & Co.:
-Bonds-

10

10

Date

15

Total

10

First

Second

Indus¬

Rail¬

Util¬

65

Indus¬

Grade

Grade

Util¬

trials

roads

ities

Stocks

trials

Rails

Rails

ities

Bonds

99.87

102.90

99.95

100.50

100.81

>

June
June

332.53

28

114.11

58.01

125.34

40

99.83

102.86

99.88

100.30

100.72

113.30

58.21

125.33

99.30

102.91

100.02

100.20

100.73

112.70

58.20

124.48

99.73

102.55

99.96

100.15

100.60

"334.12

112.54

58.41

"124.59

99.81

102.57

99.99

100.13

100.63

_

1—
Averages

.

•

computed by dividing total prices by the following:
Stocks, 30.09.
*
'

are

12.65;

"The

124.59

Total

336.90

—.

_!

29

30

58.16

10

<

333.53

.

June

June

113.76

336.12

25—

Industrials,

5.89;

Rails,

9.26;

•"

65

for 30 industrial stocks and for the 65-stock composite average give effect to
the distribution by United Aircraft Corp.,
of one share of Chance Vought Aircraft for each three
common
shares of United Aircraft.
This changed the divisor for the 30 industrials to 5.89 from
averages

100 V4

106%

150

101%
91%

Exchange

20

637/a

94%

132

Averages
of representative stocks and bonds

averages

-''.v.

•

■ ■■

■,

Utilities,

High

89%

__

32.

,

3%

sales

no

the New York Stock

on

■■

Jan. 1
Low

65

Jan-July '

*

30

30

Range Since

Sold

*150

__June-Dec

1978

104

May

3%
2

S9%

Quar-Feb

1970

A

104 %

High

39%
.

4

-Stocks-

July
Bonds

the

■'■i

Apr

11

ltt Jan

Week's Range
or
Friday's

Last

74

__

3%

flat.

Feb

Apr

8,600

listed

17% May
13% Jan

Jan

|

~1H

1%

traded

are

107% Mar

Apr
Jan

Jan

12%

Feb
Jan

32%

I

46%

*363/4

Stock and Bond
Below

li Jan

102% Feb

200

39'/2

being

11% July

Jan

100

56

§ Reported
in receivership.
"\
'
;
,
' ,
j
Abbreviations used above—"cod," certificates of deposit; "cons," consolidated;
"cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v" non-voting stock; "v t c," voting-trust
certificates;
"w i," when issued; "w w," with warrants; "x w." without warrants.

Apr

100

17

393A

44%

4

Ex-liqui^ating

Bonds

Pen

13%

10%
17

S«

!

Steel

7%

Jan

Jun

106% 106%

BONDS

Edison

Jan
Jan

Ltd—

preference

Bethlehem

8%
6

1/2

2%

50

5% Mar

13,200

8

Wright Hargreaves Ltd

Boston

Jan

49%
45'A

46%

3% Mar

10%

2

common

21'A

Apr
Feb

100

ft

2%

1

Inc

May

4%

900

11%

6'A

pfd_____100

Machine

W'oodall

(P

5

25

Newspaper

Woolworth

200

8% Mar

104%

36%

—

Deferred delivery transaction (not included in year's range),
d Ex-interest,
e Odd-lot transaction
(not included in year's range),
f Ex-distribution,
g Ex-stock dividend,
h Exprincipal.
n Under-the-rule
transaction
(not included in year's range),
r Transaction
for cash
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z

26%

Feb

100

—

a

Jan

21%

9%

1

value,

par

A

17%

*40'A

June-Dec

5'As 1921
*No

*65

Jan-July

fFriday's bid and asked prices;

200

85

j.

*66

Mar-Sept

1919

Jun

7

%

6'As

28

20

12

1

Wisconsin Pwr & Lt 4%%
Wood

10%

Government

Apr

3%

»

Inc

Janeiro, stmpd

Jan

700

~4%

1

Products

de

A

Jan

4,000

High

85

*99% 102

1

19

8%

Low

5

__

June-Dec

___Jara-July
1997——___—_Jan-July
(Plan A) 2s 2012__Jan-July

Jan

Mar

24%

21%

5

5

Willson

3s

35%

251/4

85

*66

2%s series E 1997..
fund

11%

28

8

211/2

l

;

f

s

Apr

l

;

Corp

Extl

Sinking

Apr

Jun

Jan. 1

No.

*

8%

Jan

Range Since

Sold

"igh

85

—June-Dec

—

32%

23%

24'/2

25

Co

Oil

(Republic of)

100

27

1

,

1947—

325

34

16

_5

Stores

convertible

1927)

3,400

10

White's

Peru

-

4% July

85

May-Nov
April-Oct

9%

33%

9%

;

1947

£

175

*
20

Mfg

1927)

Jan

Jun

3%
1

i

Westmoreland

Weyenberg Shoe
Whirlpool Corp

Oct

ARussian

Jun

i

Westmoreland Coal
Inc

of

Rio

31/4

3%

100

com

(issue

A7s

Jan

Jun

June-Dec

AMortgage Bank of Chile 6s 1931
Mortgage Bank of Denmark 5s 1972
Parana stamped (Plan A)
2'As 2008

Apr

Jan

150%

1st pfd__100

Stationery

May

*1%

%

280

1.25

pfd

of

16% May

100

96,200

1951—

stamped

(issue

1657/a

14%

1
1%
150% 153%

1 %

*

Western Maryland Ry 7%
&

A7s

Jan

„

Bid & Asked

Mortgage Bank of Bogota—

Jan

*

Tablet

May

25%

Ltd

Western

Jan

1% May
19

1%

40o

Leaseholds

110

Jan

Jan

27 %

preference.

Wentworth Manufacturing
West Texas Utilities 4.40%
Western

May
li

121/4

1

common

Corp

series

105

20

7s

Bonds

Friday's

or

Sale Price

Low

Jan

,__1

Webb & Knapp Inc____

$6

7%

650

18

Baking Co warrants-.

Wasatch

3% Mar

Jun

2,600

1%

16

18

Jan

514

400

Week's Range

Last

Period

High

2%

*

Interest

American Stock Exchange

AMedellin

Co

%

Sales

w
Waco

JULY

for Week

STOCKS

5.92 and

that

the

for

65 stocks

to 30.09

from

30.16.

»

V-

.

Delaware Lack & Western RR—

Over-lhe-Counter Industrial Stock

Lackawanna of N J Division—
1st

mortgage

A 1st

Eastern

series A

4s

Fuel

&

Elmira

Water

E'rcole

Marrelli

Lt

3%s
RR

&

Elec

Nov

ex

Finland

1

56

*98% 100

Jan-July

1956

5s

1940

1947

103"% 103%

—

Mar-Sept

AGesfuerel

Mountain

1953

Power

3%s

Guantanamo & Western

RR

1963
4s

_June-Dec

1970

A7s

with

A7s

ex

A Italian

Nov

Nov

1940

1

May -Nov

1947

1

Tietz

7%s

—

141%
110

93

1941

__

Afay-Nov

Midland Valley RR 4% 1963
New England Power 3'As 1961

89%
*141

90%

*103

—

3

94%

81%

145

143

89%

6%s

mortgage

1953

Ohio

Power

1st

1st

3'As

mortgage

mortgage

3s

Jan-July

April-Oct
April-Oct

1968

1971

Pennsylvania Water & Power 3'As 1964—June-Dec
3'As

*150

Jan-July

6'As due 1953 extended to 1963

'

1970

Jan-July

*90

__

103%

■

——

'

~

156

85%

103% 103%

11

*100% 101%
*103% 104%

103

91%

with

A6%s

ex

APrussian
Public

Oct

Oct

1

1940

1947

l

Electric

1954...

6s

& Gas

6%

1998_Jan-July

Reading Tube Corp.
ARuhr

Gas

ARuhr

Housing

6%s

Corp

1971

6s

A

1953

6%s

Corp

Jan-July
April-Oct

102%

Trade,

Power Corp 3s 1981—Mav-lVou
Sapphire Petroleums Ltd 5s conv deb 1962_Jan-Jui|/

California

Edison

3s

3%s series A 1973
1st and ref M

3s

2%s series C

series

1965

Mar-Sept

———Jan-July
1973
Feb-Aug

B

1976—

series E

Southern

Gas

Counties

3'As

Gas

Feb-Aug

1970

(Calif)

(A G)

& Bros

Starrett Corp Inc

Stinnes

*83

85

83

—

—

stamped 1946
Terni Hydro-Electric Cowith Aug

1

with

A7s

ex

_

_

and

Service

222.7

244.5*

237.5

+ 2.9

244.5

193.2

287.9

—0.1

292.9

227.9

+ 0.3

228.6

198.5

134.0

+ 0:.7

135.3

124.6

231.5"

228.5

+ 1.3

231.5

209.5

265.9

—1.7

273.7

233.1

Dec

Dec

1940

1

136%

91

21

66%

91

34

102% 102%

15

99%

102%

10

98

Stocks

Ro.ilroad

99%

$101

101

103%

97

101

14

*99% 101

103%

107%

101%

103

104% 105%

J104% 106

100%
102%

104

97%

100%

102
89

90

89

96

81%

Week Ended

July 2, 1954

Mon. June 28

—

Tues. June 29

Shares

102

Bonds

Bonds

1,887,140

$4,261,000

1

1947

2,584,583

4,722,000

3,703,000
3,297,000

5,022,800

394.000

1,857,780

395,000

Fri.

—___.

July 1

1,984,058

3,266,000
$19,249,000

95

3,695,000

$3,000

$21,258,800

3,647,000

381,000

10,266.781

July 2

Total

4,097,000

$3,000

$2,006,800

Jan. 1

Week Ended July 2

Stocks—No. of shares

242,648,439

4,385,745

10,266,781

to

July 2
1953

1954

1953

1954

174%

Sales

$4,797,000

300,800

1,953,220

Thurs.

195,744,398

Bonds

80
U.

S.

$35,000

$5,500

Government

$3,000

$12,000

608,000

525,000

2,006,800

International

1,564,600

70,229,600

52,262,840

19,249,000

11,522,000

404,679,600

378,763,500

$475,522,700

$431,586,340

Bank

*93
*25

1956——

coupon

Bond

Bonds

Bonds

$536,000

Wed. June 30

103%

152%

*95

June-Dec

Total

Government

Bank

Foreign

and Miscel.

96

174% 174%

Number of

96

*94

102%

*95

1956

United States

Int'l

102%

101

+98

105

Daily, Weekly and Yearly

99

89

102% 1023/4
101

«...

1953

coupon

249.7

high.

135

*95
— ~

102%

Feb-Aug

1953

1940 coupon

A6%s ex Aug 1 1947 coupon
United Electric Service Co—
A7s

130%
120

—

April-Oct

2nd

AO %s

267.0

Transactions at the New York Stock Exchange

85

*132% 137

*122%

May-Wow
April-Oct

1989——

+ 1.2

Industries—

(Hugo)

A7-4s

5s

__

Finance

155

,

Feb-Aug

5s coll trust 1966

193.9

263.8

228.6*

Goods

226.5

156

153

1971—Jan-July

1970

Low

+ 1.0

135

148%

155

April-Oct

3s

Southwestern Gas & Electric 3%s

Spalding

116

156

Feb-Aug

i

1978

1954-

High

Change

224.2

287.5

_

—

"New

155

Feb-Aug

3%s series D 1976

3%%

Southern California

100):

93%

154

Safe Harbor Water
Southern

=

June 18, '54

134.9

Non-Durable

Transportation

156

May-Nov

1958

preceding week and with highs and lows for
(1939

267.0"

______

Mining

122% 122%

Feb-Aug

Co

16

226.5"

_

_

Utility

155

Service Electric

Registered

2

44.40 Sep

261.3

_

Manufacturing
/Durable Goods

*25

1960

49.80 Feb

Percent

Composite

99%

*90

April-Oct

1960

coupon

coupon

High
Low

55.28

June 25, '54

102%

Piedmont Hydro-Electric Co—

A6%s

55.18

try groups compared with the
the current year are as follows

103%

101%

104

4

Range for 1053

SEG Index of Stock Prices

105%

99

2

The SEC Index of stock prices based on the closing prices of the common
stocks for the week ended June 25, 1954, for composite and by major indus¬

63%

*|102

1___

2—

104%

150

157 ■"x92

55.15

92

Nippon Electric Power Co Ltd—
A 1st

July

July

122

102

104'A

June 30

—

Low

55.28 July
47.32 Jan

High

142%

128%

90%

Fr^.

50

135

90%

April-Oct
May-Nov

30

*131% 133%

__

54.87

Thurs.

103'%

*25

89%

liq tr ctfs

Jan-July

7s

41%

*105

—

Mar-Nou

Trust 6%%

1946

AMansfield Min & Smelt

98%

48

122

*93

1952
1952

coupon

103

*45'A
*150

Range for 1054

54.88

29

Wed.

91%

110

28—

June

96%

87

122

103

103

coupon

Power Realization

ALeonard

89%

89%

___June-Dec

.

93%

122

Jan-July

AHamburg Electric 7s 1935
A Hamburg Elev &
Underground
& St Rys 5%s 1938
Isarco Hydro-Electric Co—

97

June

Tues.

*96%

June-Dec

Closing

Mon.

*25

—-

Averages

(35 Stocks)
Compiled by National Quotation Bureau, Inc.
Date—

1953

coupon

Mtge Bank 5s 1961
Mar-Sept
5%s conv debs 1961——Jan-July

debs

6s

67%

*90

May-Noo
May-Nou

1953

coupon

Residential

Flying Tiger Line
Green

May-Nov
May

1965

Mtg Co—

A6%s with Nov 1
,A6'As

1993

mortgage 4s series B 1993

Gas

Railroad

and

Industrial

United Industrial

Corp—
A6%s's f debentures 1941

A 6s

mtge

Wasatch

Washington
West

Water

Power

Penn .Traction

Western Newspaper

5s

*115%
*118%

-—May-Nov

f gold 1945

s

Corp deb 6s ser A

June-Dec
Jan-July

1963

3'As

96%

103%

$21;258,800

$13,098,600

Transactions at the American Stock Exchange

105%

107

*100% 101%

Feb-Aug

Total

132%

93

,*109

June-Dec

133%

105

93%

*105'A 106%

June-Dec

1964

1960

Union 6s 1959

112

__

__

93 '/a

110

99%

102%

Daily, Weekly and Yearly
Stocks

Foreign Governments and Municipalities
Friday
BONDS

Interest

American Stock Exchange

Period

Last

Sale Price

Week's
or

Friday's

Bid & Asked

Low

Agricultural Mortgage Bank
A 20-year 7s
April 1946

A20-year 7s Jan
ABaden

A6s
A 6s

Bk

series

AGerman
f

ALima

Cons

6s

(Peru

M^ranhao stamped

1952

1947

6%s

6'As

Jan-July
~Feb-Aug
June-Dec

7s

1939

May-Wow

1949

Feb-Aug

stamped

(Plan

A)



i

6'As

1947

Ger

(Prov)

City

7s

Low

High

2%s

120

84

1958

Mar-Sept

2008___May-Wow

95

88

75

1

75

19%

3

17%

21

107%

11

94%

90%

3

108

*41

$9,000

$14,000

$77,000

529,730

25,000

27,000

9,000

61,000

19,000

35,000

54,000

469,215

13,000

66,000

3~666

82,000

521,712

67,000

43,000

15,000

125,000

$194,000

$164,000

$41,000

July 2—

Total.

2,460,227

Week Ended July 2

135

*57%

$54,000

415,670

117

19%
90%

Bonds

Bonds

Wed. June 30

115

75

137

Total

Corporate

523,900

Mon. June 28
Tues. June 29—

142

84

*85

106

Bonds

Fri.
—

*84

75

Government

Bonds

Shares)

Thurs. July 1

—

*120% 129

Feb-Aug

Munic

No.

Jan. 1

Banks—

April-Oct

Waterways

(City)

*93%

June-Dec
Prov

1951

&

secured

AHanover
AHanover

1951
State &

1952

A

Port

7s

*93%

April-Oct
Jan-July
Jan-July

1948

German

series B

ADanzig
AS

of

High

Sold

Range Since

July 2,1954

—

1947

(Germany)

ACauca Valley 7s
Central

(Col)

Bonds

Domestic

of
Week Ended

Foreign

Foreign

(Number

Range

137

2

108%

—

49

102

.

41

of

shares—

123

Domestic

Foreign government

125

1953

Jan. 1

1954

.$399,000'
to

July 2
1953

2,460,227'

1,505,330

64,142,596

56,517,249

$194,000

$251,000

$5,722,000

$6,691,000

164,000

452,000

6,394,000

10,707,000

41,000

64,000

2,642,000

3,065,000

$399,000

$767,000

$14,758,000

$20,463,000

Bonds

145

83%
130

51

__

1954

Stocks—No.

~

Foreign corporate

56%
'

41

Total

35

36

(84)

The

RANGE FOR WEEK

Boston Stock
STOCKS

Week's

Last

American

Tel

American

Woolen

&

Tel

167%

166

3,608

155%

Jan

170%

15%

Jan

22%

Jun

1

68%

Jun

94%

Feb

37%

38%

452

29%

Jan

38%

129% 132'A

311

121%

Jun

132%

Jan

54%

Jun

5

May

Personal
&

Calumet

__

-25

53%

53%

Prop Trust

Providence

&

—

*

RR

18
42

31%

20

105

105

50

*

5

95%

99

222

79

38%

40

266

22%

Jan

10

preferred class B

series A

35

8"%

7%

Electric

438

8%

Kennecott

5

Co

50c

—•

—

Chemical

—

10

—

100

Corp

I

—

5

Mullins Manufacturing Corp

1

Cos

England Electric System

N Y New Haven &

Shawmut

82%

809

Drill

..Rubber

Co

Unitfed Shoe Machinery common

System Inc

—

•

12.50

—

73

»-

84 %

Jan

19%

Jan

11%
7c

42

Jan

1%

115

905

Transit

Jan

75c

14%
13c

1998

American Laundry
Baldwin

_

_

Machine

.—

—

225

York

Detroit

Stock

Stock

1%
32

Feb

6

160

6

Jun

7 '

common

18%

Apr

100

21%

Jan

24%

1,145

23 %

July

Electric

Altes

Mar

12%

85

52%.

5,170

Brewing

20% May
25% May
28% Jan

Preferred

___

8.50

11% May

13%

43% Jun

Jan

44%

1,934

36%

Jan

203

29%

Jan

35%

Jun

60

Consolidated

44

Mar

50%

Apr

12

Consumers

325

11% May

13

50

1,175

100

_

Cincinnati

Milling Machine

75%

Jan

Chrysler

Mar

Cincinnati

Jun

Telephone

Cin

U

Stk

*

Sales

Range

Shares

Yd__

High

Low
50

21

2

21%
17%

Jan

23%

Steel

Eagle PIcher
Formica

50

47%

Jan

75

69%

Jan

77

Gamble

S

Printing

.

_

Amer

Telegraph

100

RR

166%

Co

Jan

15

14%
45

166

167%

207

11 % May

14%

"..2,341

25%

817

44%

581

6'/a

48%

Apr

155%

Mar

Motor

32

__ip.
2^

:

32%
1%

200

2%

100

8%

8"%

192

8%

3%

Jan

170

70

23%

23%

50

69%

—

70%

102

Peninsular
Pfeiffer

Jun

14% Apr

19

50%

May
Jan

d

10

Jun

24%

Jun

Jan

36%

Feb

252

56

J an

Elec

5

Kodak

14%

Co

350

78%

Jan

33%

25

27%

Jan

14%

14%

198

12%

Jan
Jan

66

Jun

10

27%

20

37%

41%

41

Apr

41%

188

40

Jun

139%

130

41 %

113

106

Jan

143%

90

47

Jan

62

62

45%

106

39%

Jan

45%

_5

Greyhound

3

Corp

International Harvester
Kennecott
Copper

48%

45%

4V2

5,244

59 Va

Jan

7%

7%

7%

985

6%. Mar

76% July
7% Jun

1%

108

1%

Jan

1%

257

1%

Jun

7%

__

14%

.

48%

Jun

Liggett & Myers Tobacco

•
——

_*
Co

Inc

25

—

76%

556

11%

11%

128

11%

Jun

76% July
14% Feb

32%

32%

56

i$28%

Jan

82%

32%

155

56%

58%

190

14%

46

21%

21%

25

21%

Jun

21%

Jun

22%

--

38% May
59 % Jan

22%

50

22%

Jun

22%

Jun

58%

Jan

*

Co

(Glen L)

lo
Co

--

1

Cash

Lead

•

5

Central

♦

80

80

80

32

51%

49%

51%

75

21%

21,

21%
1

'

Pennsylvania RR

5q

"Radio

Corp
Republic Steel
(R J)

•

•

Tobacco Co

For footnotes

see




page 45.

lo

Rickel

(Fred
(H

15

7°

180%

Jun

56% July
13% Feb

82%

Jun

59%

Jun

15% May

47%

Jun

80% May
51% July

19%

Jan

25%

15%

16

60

15% Mar

30%

18

29%

30%

70

22%

Jan

58%

58%

58%

45

30% July

47"%

Jan

60

33%

Jun

33%

35%

298

37%

Jun

33% July

Feb

15

v

1%

1%

33%

33%

7

1%

14'A

100

1%

14%
7%
24 Vi

Jan

900

34

f

Feb

129

l'/a

830

31

16

Jun

4%

900

4

400

2

Jun

1% May
34

Jan

2

May;

8% May:
26 *

Apr

4%

Jun:

15% May

Jan

1,150
♦

Feb ;

7%

Jan

Feb

2%
■

Mar

885

2

Mar

2%

B)

Wayne

Jan
Feb

5

2%

Jan

Screw

24

Apr

Jan

23 %

Jun

3%

Apr

4*/8

Jun

3%

200

3%

Jan

3%

Jun

3%

1,880

3JA

Jun

4%

Jun

31%

7%

f;i;.

1

Corp

100
&

Dye (Un)

Broadcasting Para

f

American Motors Corp
Potash & Chemical

American

(Unl _1\

Smelting & Refining

American

Tel

*!''
j£.

Viscose

Corp

Jan

Jan
Jan

10

19%

19%

20%

615

19

Jun

22 Vb

4%

4%

4%

400

15%

15

15%

18y2

18Vb

ISV2

12

12%

1,064

1% Mar

Jan

May
Jun

4% May

13%

Jan

15% Mar

750

15%

Jan

18 % July

300

13 % Mar

4J/2

4%

376

11% May
4'A Jun

iy2

l'/2

Jan

7% Mar

1%

2%

Jan

5% May

iy2

1,100

1% Mar

.

5% Mar
1%

Jan

Friday
Last

Week's

for Week
Shares

Low

a20%

Sales

Range
of Prices

Range Since Jan. 1

Hiah

Low

High

a20%

a21

116

70c

6IV2C

70c

3,210

94%

94%

200

78% Mar

94

%

Jun

58

57%

58

1,004

47% Mar

58%

Jun

13%

13%

515

13%

Jun

al6

19%

Jun

43c

Jan

21% Mar
72 %c

11% May

Feb

al6 al6%

30

15%

Apr

16% Mar

a46% a47%

30

37

Jan

90

43% Mar

43% May
48 Va Apr

a44 % a45 %

11%

all%

(Un)

100

—

al66

145

12

May

14

a50

150

35

Mar

43%

Apr

18%

332

13%

Jan

18%

36

Apr

36

276

28%

Feb

37

al66al67%

9%

Feb

11% July

May

May
169% May

50

1,173

156%

Jan

56%

795

55%

Jun

65

37

25;!;

37

225

37

Jan

38 %

670

31% May
30% Jan

39

Jun

130

-46% Jun

37%

10-/
10

100

55%

23

(Un)

11%

ail% ali%
a49%

(Un)._*V

(Un)

Anaconda Copper
Mining Co
Anderson-Prichax-d Gil (Un)
Armco Steel (Un)

6

37 Va
15%

9

(Un)

Co

1,590

r

18%

Tobacco

American

Tel

SS

7%

Jun

300

class

American

&

Apr

30%

562

10;
(Un)

Radiator

Feb

11%

1%

12 y2

American

3%

775

9%

1

Thee

2,500

1%

—$

Mfg (Un)
American Airlines Inc (Un)

American Can Co
(Un)
American Cyanamid Co (Un)
American &
Foreign Power

830

5%
12

Angeles Stock Exchange

Corp

&

Feb

18%

9%

__

Pa*

Amer

22%

688

31

Sale Price

Chemical

225

1,022

4%

7'A

If

STOCKS

Allied

23

3%

—T

—

Jun

3%

3%

__

common

May

20

23%

5 Va

10

Jan

3*

94c

Jun

4ye

11%

_i

Jun

May

23

22%

5%

5;
_i

Los

Aeco

20

22'/2

„

_5

Dillon

Admiral

2%
94c

100

11%

J2

Paper—

Spring

Corporation

870
100

20

.1

Co

Manufacturing

Vinco

2"%
94

20

—

5

American

Feb

113

15

1

W)

River Raisin

Rudy

Products

Allis-Chalmers
Jun

7%

14%

—31

-

Metal

-

4j/2 Mar

I

Car

Jun

554

81%

76%

72%

14%

5

Apr
Jan

233

8%

Jun

61

Jun

3%

Jun

—

Jun

45

Jan

25%

Jan

3% May

25%

Jun

139%

4'A

Jan

2%
3Va

;!

Jun

41%

Feb

23 Va

1,204

8%

10

14% May
29% Jun

28%

3%

100

94

106% May
35% Jun

41%

Stores

(new)

98%

28%

10

Department

95%

41%

—

7
5

66

33%

96%

63%

Jan!

3%

25%

Corp

27%

33%

Feb

.10%

May

,

76%

2%

Manufacturing

23% Mar

86

3

2,700

-

" 4% ^ '

8%

II.

common

Sheller

10

35

Jun

.2

3%

__

15y.
Metal

Udylite

26

34%

,32%

l5/a Mar

4%

Scotten

26

.

Jun"

2% May
8j/2 J(jn

.

2

May

34%

.

Prophet

Jun

71

28%. Jan

'

100

3%

,25%

Brewing

Rockwell

8% May

Jun*

-6% Mar:
"14

72%

Products

Motor

Jan

46%

4^A
-

Feb

1%

it.
If)
"

Davis

Jan

26

65

Parke

Jun

25

25

Packard
>

65%

Jan

25%

11

Corporation

38"%

Jun

10

55

30%

3%

25%

__

65% July,.

-Jan

8%

7,138

1%
2%

jt

Wheel

Jan

11%

72

6

t

Jan'

25% May:

,Jan

1,020

„

Feb

39

947

14

__

;

-pfc-"'

—

Clemens

July

125

9%

417

6'A

13%

__

56%

J23% Mar

:

Screw

Murray
Mt

Jun

44

12%

General Motors

Reynolds

50

11%

5

-National

290

12%

10

General Electric

13%

15

Pont

National

65%

44%

2%

13% Apr
20% May

1%

Michigan Sugar common
Micromatic Home

Apr

34

*

Ohio

(P)

63%
.25

2y8 Jan

Jun;-'

.

Jun

50

216

Gas

York

12%

48% Mar

46

100

Dayton Power & Light
Dow Chemical

New

75

33

45%

•

Martin

14%

Jan

"

Jun

Jan!

39Vb

Feb

15%

Lansing Stamping

Jun

49%

11%

730

Zthi:
Chemical—

Drug

Masco

Jan

49

46

Columbia

Lorillard

July

56

*

Loew's

23

38%

City Products

Federated

87%

Jan

55

1

Pacific

Eastman

Feb-

20

38

13

Cities Service

du

46%

68

25

55

10

Chesapeake & Ohio
Chrysler Corp

S

352

300

631

Jan

8

36?A Jan~

2 %

4%

Feb

694

-353

12%

'"y

Kresge Co <S S)
Kysor Heater

Jan

59

38

Bethlehem Steel

&

38

47% May
41% Jun

25

t

Col

22%

35% Mar

420

50

Mining

Canadian

Apr

Jan

15

6% Mar

76%

;

Electric Motors

Kinsel

17

11% May

20

—

Steel

O

15

18%

400

45

13%

10

Ashland Oil

&

Jan

14%

1

Cyanamid

Baldwin-Lima-Hamilton
B

13

53

87%

50

Howell

15%. Jan

215

19%

common

&

3% May;

12%

,

common

King Seeley

Jan

2%

Jan

^

254

1

*

4% Mar

3

.100

Jun

1,231

39%

1

High

27/a

12%

—

Oil

.-

7% "

3%;

Brewing,
Paige

3%

39%

5—

Preferred

Airlines

Anaconda

May

44%
23

Jan-'

Jan

?

Range Since Jan.

325

16%

__

'■?:

l/b;

Manufacturing
Houdaille-Hershey common

Mar

37

84%

63

Low

3

15

Brewing

Hosklns

Stocks—

American Telephone &
American Tobacco Co
Armco

<

4%

43%
23

Mar

20

v

ll^;,

Manufacturing

Lakes

Shares

High

7%

—

1.&

;

Industries

Higbie Mfg

Jun

86%

.

American

U

23

•

pref

21%

Feb

51

44%

•

Unlisted

103

37

37

•

B

14%

21%

*

Rapid

14%

4

Apr
July

Apr
103% Mar

725

•

U

Jan

972

•

45'A

Sales

*

14%

7%

l y?
—:

±1

Corp

Motors

Goebel

23%

4%

Co

class

96%

•46

76%

_

&

75

21%

Jan
Feb

65

Gibson Art

Randall

32%

20%

4%

Kroger
Procter

157
594

75%

10

Jan

.40.%>;Apf-

-for Week

16%
__

_5?

Mogul

Wood

Great

•

20-V3/ 32%

General

Jun

65

14%

'50 %

Jun I

2-5525

3%

__

^Ll/*/y6.%

Cleveland Navigation

Gemmer

Apr

30

Jan

59

Gar

High

May

65

___

-;

Jun'

35%

Exchange

3

v

Edison

Prankenmuth

Range Since Jan. 1

Low

•

Bros

&

Federal

for Week

of Prices

76

4%

85%

49% May:
75%- Jun

Exchange

Range

_25 '<'"4:65%
Paper.25%

Economy Baler

50

—12%

Feb

Stock

of Prices

__

*

5

Power

Detroit

Detroit

10

Cincinnati Transit

-225.:

$11,-800 ?!-154"

Week's

»

Corp

Davidson

Exchange

28%

99%

-

50

55%

WOodward

•

_1 ?

Gray Iron
Detroit-Michigan Stove

22%
99% 100%

,

American

1

Corp

48%

46

55%

Last

ll

Company

Burroughs

-35%

42%

75%
43 ;

Sale Price

12

Brown-McLaren Mfg '

48%

21%

"72%

70%

29% Jan
30.*.;
T36/C-, si39%r«3an

DETROIT

1
;

Big Bear Markets
Briggs Manufacturing

53% Apr
45% Jun

46

_

49%;-

"Midwest' Stock

1

American Metal Products
Baldwin Rubber

Budd

12%
47%

22%

«
_

common-

153 1

35%

-43

Friday

Par

Allen

Graham

Cincinnati Gas Electric

,^75..^;

,

|

•

210

20

20

85%

35%

Exchange Ji

Jun
Feb

1

28%

--

10

»85

'

—

Exchange

STOCKS

Jun

18%

22%

/

V:

42% May
21% Jan

Detroit Stock Exchange

31% Mar

Apr

20

_

Carey
Champion Paper

14% May

Telephone:

Jun

23% Apr
15% Mar

22%

65

Ford Building f.

r

Feb

125%

92c

Low

20

19%

—__1/

Detroit

Par

32% Mar

19%'

Jun

Jun

394

Week's

97

Mar

/■;-

15% Mar

200

Last

34% Mayt
90% Jun

355

Apr

17

.28% Mar

Apr

19%

Friday

Jan

87%
38%

44%

•

22% Mar

25

Sale Price

Jan

71%

'

85%
37%

12 %

4%s

New

Detroit

STOCKS

28%

47

Jan

Jun

1

Cincinnati Stock

42%

33

48%

Jun

?49%

13% Jan

15

75%

Jun

35%

May

Mar

200

27%

72

Jan

41%

85%

"

May

23

Jan

Feb

184

42%

15%

50

38%

.J_—.—10

—

Jan

29%

2,521

35

50

135

WATLING, LERCHEN & CO.

11%

44%

5

Smelting Refining & Mining

17

23%

:

77

17

42%

—10

BONDS .:/,

Jun

19%

50%

25

US Rubber .Co

61%

24%

—

•

43

16%

17

Members

6

23%

Jan

42%

(F W)

Jun

18

15%

32

Jan

Jan

48%

Jan

1

„

5

United Fruit Co

53%

Jun

55

16%

-

1

Feb

Mar

210

16

42%

£

*

Apr

37%

1 %

—

•

75

23%

30%

30

14% May
64% Jan

25

14

34%

Jun

22%

65% May
44 %
May

Jan

24

313

27%

16

—•

42

22%

14%-:

—

—-*

Westinghouse Electric Corp

45%

74

—

Torrington Co
Union- Twist

38%

167

—

2.50

Association

4,678

—

10

Stone & Webster Inc

48%
61 %

122% 123%

—

50

Inc

49

9c

14%

Machine——-

217

8c

122%

-*

-—

RR

Folding
Drug

20

—___2.50

Pacific Mills

Pennsylvania

Jan

52%

1%

Jan

—

Hartford RR——100

Norbute Corporation

17%

18%

13

—

100

Tel & Tel

50
461

23%

70

15

Feb

23

48

40%

27

17% Apr
58% Mar

Feb

46

14%

__

1

National Service

55

Jan

26%

45 Va

—

1

Narragansett Racing Association

Mar
Mar

35

80%
41%
22 %

.

35
30

Jan

76c

'

14%

—

10%

44

45%

47

1

Copper

New England

J)

Carbide

Woolworth

Jun

10

60

•
•

(new)

Coal

9%

296

22%

23

18%
65 %

July

365

26%

—

•

>

1%
54%
46

51%

100

Lone Star Cement Corp
Maine Central RR common
Mathieson

(Ohio)

105% May
40% Jun

Jun

52

—

Co

Creek

Jan

46

—

100

Stores-^

(The)

1 %

__

100

preferred adjustment
Eastern SS Lines Inc common

Waldorf

9%

8%

100

1st preferred

6%

Island

9%

„

Massachusetts Street Ry—

National

(N

8

Jun

18%

33

Oil

U

26%

1

High

65%

h.

-—s

Studebaker

Jun

37

40

40

Brands

Cincinnati

5%

Rexall

31%

Range Since Jan.
Low

27

if

*

Oil

Union

Shares

f::

15

-=-1-

—

Standard

Jan

105

Jan

•

Co

6%

Reece

28%

89 % May

10

General

Standard

7% May

20% May
26% Jan

Hecla

Range

Gillette

Co

Railway Co

Westinghouse .1—^——

Common

U S

879

7%
23%

31%

100

Eastern Gas & Fuel Associates—
Common (new)

New

54%

6%
22%

__

Service Co

Eastern

South

Jun

49

1.40

for Week

High

26%

—*

—————

Vacuum

Soutnern

Jun

—

Low

—*

Socony

Jun

46

Roebuck

Sinclair

Jan

19%

100
.

Boston

Cities

18%

68%

(new when issued)_100
preferred (when issued) _J—100

Copper

Sears

High

.

19%

Boston & Maine

First

Low

11% Apr

68%

50

Albany RR

Boston

Monday, July 5, 1.95

.

Sales

Range
of Prices

5

Standard

Boston &

' 5%

Range Since Jan. 1

95

167%

Regis Paper
Scheniey Industries

*

preferred—_.

_

Boston Edison

,

Par

High
12-

Week's

Last

St

—*

———...—

Copper

Friday
iSale Price

Shares

11%

__

100

$4 cum conv prior

Anaconda

.

V"

for Week

Low

—5

2

STOCKS

Range

Par

JULY

Sales

of Prices

Sale Price

Corp

ENDED

Exchange

Friday

s

Motors

.

OUT-OF-TOWN MARKETS

J

American

j

Commercial and Financial Chronicle

46% "46%
^-46'

45

46

-

998

34

Jan

w

..-51-..

Jan

Apr

t46% May

Number 5339

Volume 180

*

The Commercial and Financial Chronicle

.

\

(85)

37

OUT-OF-TOWN MARKETS
RANGE FOR WEEK

Friday
STOCKS

/

;

.

Per

(

&

Ashland

Co

(111)

Oil

Atchison

Topeka

Refining

1

(Un)
Corp )(Un)

Manufacturing

'

,r,t..,.

Baltimore

.

Barker

(Un)

Co

4%%

1

Bendix

(Un)—

Aviation

Bethlehem

Steel

Bishop Oil -Co
Black
Blue

Mammoth

Mining

Airplane

Boeing
Bolsa

Chica

Bond

Stores

Borden

new

Oil
Inc

1

—15

Borg-Warner Corp (Un)-.,
Broadway-Hale Stores
7%

preferred

60c

convertible

Burlington

Mills

Byron Jackson

Com

(Un)

Jan

Jan

19%.May-

National Distillers

69 %

Jun

National

350

10

Jun

11%

Feb

Gypsum (Un)
National Supply (Un)

Apr

National Theatres

Jun>w

New

Idria

New

York

'3%

40%-May
3y2

940

-

r 10%

8'/4 Jan

544

14c

Janv-

4c,

1,270

?

■

44% July

o-.

1

Nordon

North Amer

Jan
Jan

60

20

75%

Jan

79%

a83a83%
11'/4

12%

8%

9%

2,960

8%

585

7

9%

9V2

100

8%

10%

1,1,67

8V8

Feb

9%

Jan

Jun

9%

Jan

10%

Mar

Canadian

Pacific

Carrier

Corp

Case

I)

(J

Co

Caterpillar
Celanese

1

Jun

Oceanic

jun

Ohio

Oil

Co

Ltd__

Preferred

Cities

iUni

(Un)l

174

22 y4

Jan

3 IS

220

3%

Jun

26 y4

245

22 y2

Jan

28%

69

50

Jan

59 % Mar

Pacific

Lighting

Clay

Pacific

Finance

Pacific

Gas

Foods

Colorado

Columbia

Gas

Commercial

(Un)

System

Solvents

Commonwealth

Gould

Chollar

Edison

Consolidated

Engineering

Continental

of

Continental

Motors

Continental

Oil

217/8

913

17%

317

141

16 %

<Del»

(Un)

(Un)

World

Jun

1% Mar

Apr

36% May
26% May

Pepsi-Cola

500

10%

Jun

10%

Jun

Pfizer

37

39%

Jun

Phelps

39'/4

225

64 %

65%

1,625

a94% a99%

252

May

56%

Penney (J C) Co

Jan

5Va

Jun

6%

Jan

87

38 y4

Jan

48%

Jun

10

14%

14y2

14%

1,979

16%

16V4

16y4

225

a40

1,000

a44

30

17 y4

__

25

12c

a44

a69%

a40

12c

__

17'/4

a69% a69%
a70 a70y2
9
9

I

a—

12%

18% May
14% Jun

Jan

16% July

18

37%

Jan

12c

May

41

225

13%

Feb

75

57%

43%

Jan

Feb

36

Jun

a—

100

8 Va

Jan

40

57%

Feb

35 %

Jan

a5%
9%
a267/8 a27%

10

5% Mar

5% Mar

a5%
9V2

—

__

9%

9%

401

Jan

8

,
'

3%

800

33%

407

20 y2

23%

30
300

26%

Jan

Jun

9%

a40%

a40% a41%

131

34

Jan

40%

418

20%

Jan

29%

Jun

40

9%

Jan

11%

Apr

Jan

123%

Apr

25%

Jun

de

(E I)

(Un)

Nemours

Eastman
El

__

Electric

Bond

Electrical

600

935

5 %

Jun

Radio

Erie Railroad

108

Tiger

Light

&

A——

Gair

(Robert)

St

(Un)

Corp

Paint

Corp

Products

Glidden

46%

—

10

22%

*

Co

&

a34%

50c

a96y2

10

(Un)

__

&

—*

common

(Un)—

Greyhound Corp

Aircraft

Mobile
Oil

Oil

class

Co

Hotels

~25
5

Corp

Foods

RR new com (Un)

Petroleum

Interlake

Iron

International

—

International

Nickel

(Un)

International Paper Co
Int'l

Tel

&

Gil

Intex

5%

Co

Steel (Un)

Aluminum

&

Motors

Kern

^orge

Lion

(Un)

Petroleum

Oil

Co

(Un)

Inc

Lorillard

(P)

—

7
_10c
»

Lockheed Aircraft Corp
Loew's

—

1

Libby, McNeill & Libby

a82
43

33y3c

Co

Co

Lane-Wells Co

Lincoln

1,611

76% July

300

—

9% *
1.05
37y2

1
•

Co

(Un)




10

—

15% May

Jun

17

271

28%

Jan

32% July

34y8

721

34

Apr

36% May

2.30

3,900

22%

a34% a34%
42c
44c
a96% a96»/2
a6'5y2
a68
1%
1%
58'% 58V2
29
29-

Jan

36'A Mar

Feb

36%

7%

8

2,150
70

7

Apr
Mar

12

Jun

30%

37% Mar

Jun

.

a87% a88 %

a87%

4y4

Jun

12

Jan

33

Jun

76

Jan

83%

Jun

Jan

10

105

18%

1,042

16

Mar

15%

325

14

Jan

31%

288

31% July

36%

Feb

40

40

Jun

16

34 Va May

66% May

*

a37 % a37%

18

•
•

a54% a54%

60

44%

Feb

a55 % a55%

75

57 y2

Apr

6%

6%

200

3

Jan

6%

6%

120

4%

Feb

Jan

30% July

Jun

30

30%

1,922

11%

11%

490

8%

Feb

11% July

75

14%

Jan

18% May

10

22%

Jan

34

Jun

5

Jun

a31% a31 %

,

5

700

58%'

59

419

21 %

22

1,882

6%

6%

2,512

sy8 July

7%

Jan /

34%

35%

1,251

34 V8 July

39%

Apr /

a32% a32%

239

26%

33

Apr

80c

Jan

4%

6%
__

a32 %

3y» Apr
48%

59% May

Jan

25 %

15% May

70c

Jan

May

Jun

600

52%

53

867

49

Jan

59% May

al9% a20%

645

197/b Mar

21% May

45%

46%

737

25%

25%

621

24% Mar

27% May'

a26% 627 %

—

75c

150

22% Mar

27% May

15%

1,639

14% May

15%

"W

15%

15%

v

>

38%

46 %

Jan

July

Apr

2ft

Jun

18

18

187

17

"i*

Jun

21%

Feb

26%

27 %

805

24 y8

Jan

27 Va

a64% a65%

237

58

10

100

6

2

i.:

1

•
20c
5
•
15
1

-

72 %c

al9%

5
•
*
10
1
1.40

Company

*

6% Mar
6%

al8% al8%

5

Co

Jun

64 Va May

11%

1

(Un)

51 y4

.

22%

50c
•

(Un)

a

a__

30%

•
5
50c

(Un)

(Un)
Electric

Finance

-

16% Mar
40 y4

Petroleums

Industries

'
.

Feb

16 %

15

31%

16

15%

31%

-

Jun

27%

165

32%

Jun

3 y4

2,880
290

12

12

Feb

Co

Gas &

Diego

3%

3%

Jan

Francisco Ry

11%

11%

25%

23
25%

25
1.00

26%
1.00

21%

al4% al4%
32% 32%
a43y4 a43V4
72
72
al8
al8
8%

8%

2.15

Apr

2.45

Apr

a 65

%

200

2

A

lfe Feb

Jun

65% May

Mar

10

Jan

July /

Southern

Pacific

Southern

Railwav

Inc

Brands

Oil

Standard

1%

Feb

1% Mar
48% Mar

29

July
Mar

July

2,734

11%

Jun

14

150

23%

Jan

30'/a

Jun

27% Mar

32%

46 %

58% May

Jan

3,135

20

Jan

1,073

25

May

484

1,000
66

19%
90c

13%
a—

3c

Jan

24%

Feb

27

Jun

26% July

May

1.15

Jan

Jan

20%

Jun

—

Jan

87 %c July

a__

lie

1.20

14% May

16

Jan

321

28%

Jan

32%

Jan

30

37%

Feb

38%

Feb

287

57%

Jan

72

Jun

81

14 %

Jan

19

May

-

50

1,175

8 % Mar

10%

Apr

Jan

25

May

26%

Jan

35

Apr

a57 a57 Vs
2
2
a80V2
a82
43 43%

Apr

51%

Apr

1,300
332

1,525
300
75

2

Jun

2%

Jan

May

66%

Jan

84

40

Jan

2%

Jun
Jan

2%
27

Jun

May

Apr

9%

70c

Feb

1.10 July

458

35%

Feb

40% May

561

26%

Jan

18,701

20

621

8%

13%

21%

Jan

Jun

Jan

Jan

34%

Jun

11%

12%

1,230

Jan

8

14% Mar

16%

16%

821

15%

Jan

16% Mar

42%

1,250

38%

Jan

46

a55 %

a58

140

40%

Jan

53 Va

Jun

a59%

a61

70

43 Va

Jan

60%

Jun

a33 a33%

165

28 y»

Jan

34

52%

Jan

--*
*
25

a33%

61%

1,501

a76% a79 %

39

61%

61%
a76%

81% May

Mar

Apr
64% May
81% May

78%

Feb

89

May

Jan

42

10

35%

May

Stanley Warner Corp (Un)—___—6

17%

17%

125

16% May

165,
828/

22y4

Oil

Standard

Stone

Webster

&,

Studebaker

(Un)

(Ohio)

(Un)

Inc

Corporation

(Un)

Sylvania

Textron

Inc

Tidewater
Trans

18%

18%

802

16%

Jan

20%

38%

411

32

Jan

38% July

a66% a68%
a95
a95

265

58 Va

Jan

72% May

10

89%

Jan

89%

Jan

a9 %

50

7%

Apr

11

Jun

19%

524

a66 %

a9 %

19%

Twentieth

(Un)

com

Film

Century-Fox

I

—2
1
1

16%

Union

Oil

Co

RR

21%

Aircraft
Gas

a85%

25

44%

50

(Un)

Corp

5

10

(Un)

Corp

Rubber

Co

a59%
a30

West

Pictures

*
10

Oil
(Un)_;

Co

Corp of America (UnL
Pictures (Un)—

Bros

Kentucky Coal

Western
Western

(Un)

Co

Union

Westinghouse

Telegraph

(Un)

(Un)

Elec

Williston Basin Oil Exploration
Wilson & Company Inc

Woolworth

(F

York

W)

(Un)

(Un)

Corporation

(Un)

Youngstown Sheet & Tube (Un)
Zenda

Gold

Zenith

Radio

Union

Oil

25%

Feb

2,775

5%

Apr

340

15%

Jan

a7

73

4y8

Jan

1,022
490

72%

Jan

45%

16,999

38%

Jan

30

112%

Jan

43 %

a23%
a57% a66%
a29% a30%

185

21% May

378

48%

132

28

57%

a59 %

30

Jan

39%

Apr

56

57%

1,075

55 y2

Jun

22 V*

315

19

Jan

a59%
15"%

20

al4y2 al4'/2

10

Jan

Mining

Co

Corp

(Uni

36% May

10

74%

74%

401

50%

18c

6,700

14c

Jun

1
*
luc
__*

8%

42%

8%
43

375

a24V4 a24'/4
a45%
5c

27

a44Va a45%

246

6c

22,000

a68 a70%

160

106 108%

$40,000

5c

Jun

22% May

Jun

8%

101

8%

35%

49% May
Apr

67%

Apr

407

300

Apr

15%

9%

17c

Jan

54%

14 y2 May

40 V2

17c

24%

Mar

14

9%

10c
-•
10

Apr

50% May

46% Mar

40%

12%

74%
118

Jan

15

3,114

175

Jun

6% May

22% Mar

30% May

49%

a59 %

Jun
Jun

60 Va May

48%

15%

5
4

8

21%

Jan

22%

49%

1

•

18% Apr

20%

a84% a87%

1

Lines

Air

868

7%

21%

a35% a35 %

5

(Un)

Consolidated

Vanadium

34%

34%

7%

21%

.

a22 %

10

(Un)

United States Steel Corp

Warner

Jun

al34%al35%

1
•

(Un)

Lines

Air

Universal

Apr

16"%

20 %

7%

/ommon

Calif

of

Pacific

Universal

16%

34 %

34%

(Un)

Carbcua.

Carbide &

S

2%

Jan

13%

•

■

Union

U

Apr

July

2

100

125

*

Apr

23%

19% July

2

2

Warrants

United

14% May

22% Jan

a7

yTri-Continental Corp

Union

27% May

36%

5

Co

Jun

Jan

18%

*

Corp

Products

Sweet

United

19

18%

18%

10

(Un)

Airlines

Transamerica
Tree

a24% a25%

17%

38%

•
50c

Ltd

Oils

1
1
7.50

25

(Un)

Oil

Assoc

World

Trans

(Un1)

common

Empire

a25%

•

Oil Corporation common
Electric Prod (Un)

Sunray

8'%

40%

9%

Jan

Jun

42

Jun

Jan

74%

Jun

Jun

31c

Apr

9

Jan

Apr

2?% Mar
40

17

Jan

4c

Mar

65 y4

Jan

45%

Jan

25% Mar

45% May
8c

Jan

65%

Jan

BONDS

15% May
25%

Jan

546

36% Mar

482

32%

490

48% May

20

200

87

United

Feb

Jun

34%

41%

—

Mar

44%

37%

Jun

290
263

Jan

87

58% July

29

38'/a

37%

Apr

200

1,868

15

May

200

(Un)

of Calif-:—

Co

(Indiana) (Un)___
Standard Oil Co (N J)
(Un)

Company

300

44%

1

Oil

Standard

Gulf SulDhur

Jun

43%

*

(Un)

Corporation

Sperry

Texas

64%

20% Mar

•

——

Texas

91%

17% May

pfd class A__25

(Un)

,

Jan

Jan

150

16"%

Apr

Feb

Jan

11%

5

Feb

51%

9%

2

60c

55%

Jan

35%

34%

com__25

(Un)

25%

83%

Jan

34%

500

44%

fcallf Petroileum
Comnany

Apr

20%

1,200

43%

al7% al7%

Southern

34%

25

Ltd

Jun

45%

646

40%

'

Calif

Co

Apr

44%

23%

40%

Calif Gas

6%

28%

23%

42%

23%

Southern

Southern

Edison

10

10

Southern
!

Jan

174

(Un)

Co

Jan

20%

90c
1.10
37% 37%
33 V2 33%
al4% al4%
21% 21%

Aircraft

Solar

19%

80

9%

Oil Co Inc

Socony-Vacuum

42c

163

2%

Corp

32%

100

2%

Oil

Sinclair

180

a24

a25y8 a25 %

Inc

Signal Oil & Gas class A

463

a37% a40y4

a23V2

Servomechanisms

600

700

—

Jun

Jan

90c

50
1
•
2.50

Jun

51%

59%

87V2c

—

May

66% May

90c

8%

47

May

Feb

—10c

—

Jun

57%

385

—

44%

131

3,319

21,000

—

Jan

48

8c

*

38

38% May,

6c

a40

(Un)

Land

County

75

a47 a48%

7'/a

34%

33%

1
1

Axle

&

Paper

Regis

Standard

a 19% a 19%

—10

Corp

Kennecott Copper

Kropp

33

8c

Chemical com_—1

preferred

Kaiser

23% May

Jan

a47y4

*
33y3c

(Un)

Tel

Jones <fe Laughlin
Kaiser

(Un)

Jun

7

Jan

al9%

__

Jan

24%

*

32%

5%

20

1 00

0

41% Mar

41% Mar

55

a52% a54%

•

(Un)

Corp

Harvester

20 % May

33

—

—

1.50 Mar

Jan

87

—

257/8

Jan

13%

30

27
27
a31% a32%

22

134

75c

a6y2

25c

Imperial Development
Intercoast

.

Jun

155

1,789

Apr

6%

Inc

Central

Illinois

Feb

1

1

Holly Development
Hunt

25
1

A

—.

27

—*
t

i

Preferred
Hilton

:

__

58V2

11%

—1

(Un)—

(Un)

—

.

—3

(Un)

Ohio

&

Corp

Hancock

18%

Apr

34y8

Co——.

Rubber com„—.__*
Graham-Paige Corp (Un)_.
*
Great Northern RR pfd
(Un)—'
*

Gulf

Apr

%

2.25

34Vs

Co

Tire

Gulf

16%

21%

32%

Goodrich

F)

—

(Un)——_—5

of Calif common

Grumman

25

a22% a22%
a30% a30%
a51 %
a52
45 V2
48
a71% a72%
72% 76%
17
17
32% 32%

—

76%

5

common

G'ood Humor Co

New

Jun

a45y8 a45%

__

(Un)—____—_—20

McBean
(Un)

(B

11%

a46 a47%

a72%

•

Co

Goodyear

Jun

' a6%

__

preferred——*

1st

Telephone

Gladding,

(Un)—.___—5

new

General Public Utilities

Gladden

9%

150

—3

Com

Co

Motors

General

110

10,900

j.

Mar

56'A Jan

Corp

Seaboard

10% July

%

1
2

Electric

General

9% May

1.25

(Uni

Inc

Co

Foods

General

160

18%

(Un)—10

Dynamics

General

22
10%

%

—

Jun

32

Jan

35%

a35 a35 %

32%

-2%

Scher.ley

Jun

1.15

—

39%

35%

1

Sapphire

Jun

22

18%

—

10

44

28% Jan

90

1,529

44

28%

Gas

&

Louis San

San

Jun

41%

Jan

1.20

1

Corp

General

58%

Jan

20

18%

& Chemical

Machinery

General

Jan

35%

100

1

(Un)__—T_—*

Line

Food

Garrett

47 %

144

1
class

Stores

Power

Flying

369

100

•—_——25c

Co

Fltzsimmons

Florida

„

.

Jan

11%
11%
al6% al6%

__

*

(Uni

Corp
Oil

Exeter

5

(Un)

Phono

(Un)

22%

22
10%

—

10%

4

&

Co

a40%

:—5

(Un)

Share

&

a60

3

Jan

100

9%

31%

Safeway Stores Incorporated
St

7% Mar

65

a25J/4 a26y8
a59% a 62%
a40V4 a41%

—

—10

(Un)

Gas

Products

Emerson

Eureka

1

Kodak Co
Natural

Paso

(Un)

Inc

8

*

Mar

64

36

(Un)—

Co

Sears Roebuck &
Lines

Air

Feb

3%

Tob (Un) class B—10
Manufacturing Co
1

Rheem

Jun

28% 287/s
' a 10% a!0%
al30al43V4

duPont

62%

Apr

a28% a28%

(R J)

Jun

10

5

Eastern

55

Jun

3%

Apr

240

1

America

of

Oil

Reynolds

Jun

—

3%

436

Rexall Drug Inc

Jun

10c
3

10,240

3%

8

•

29 Va

class A

3%

:

Feb

29

f

Jun

60%

Jan

a35

Spring

70%

(Allen B)

24

Jan

17

35%

Oil

26% Mar

DuMont

Jan

o-t y4

65

9%

Richfield

59 % May

—

20%

160

43 %

Apr

140

—50c

200

a30% a30%

27%

972

of Calif

Jun

24

1

a30

__

>

Mar

a54 a55%

Rice Ranch Oil Co

a78
5%

Oil Co

6

.

a27% a28 %

23%

a27%

Apr

a29%

Industries

Feb
Jan

35

Jan

10%

a72%
5%

Dresser

2.60 Apr

3

33%

May

28c

May

a33 % a34%

Pictures (Un)
Steel
(Un)

Reserve

71% May
47% Jun

a30

Dow Chemical

15c

a59 % a60%

(Un)___

Mfg

Republic

9 % Mar

262

47%

Corp

Republic

—

a75y4
5%

Douglas

1,000

7% Mar
3

26

a60

Remington Rand Inc (Un)
Republic Aviation (Un)

17% May
66

Theatres

Raytheon

Apr

a__

Pictures

Radio

May

47%

a637/8 a63%

__

.

Jan

15c

•

a34%

(Un)

RKO

Jan

*
—'—1

—

Jan

19%

15c

-

3

(Un)

Co

RKO

40 % May

10c

Oil

Pure

a__

—

15% Mar

10

(Un)

Co

Feb

1%

250

620

2%
21%

—•

(Un)
(Un)

Corp

Corporation

Puget Sound Pulp & Timber
Pullman Incorporated (Un)_

2,124

207

Dodge

(Un)

Phillips Petroleum

5%

al6% al6y2

Co

Jun

102

a46% a47%

5%

(Un)

Co

(Chas)

Philco

65% July

Feb

80

50c

&

6%

3,875

7%

2%

3

•
50
33%c
33%c
12.50

Pennsylvania Railroad (Un)

Jan

:

Inc

Records

Deere

31% May

1

(Un)

1

Douglas Aircraft Co new_

Decca

Jan

33%

Rockwell

:

25%

1

19 »/4

a27V2 a27%

____1
___1

125

15c

•

i

(Un)

(Un)

Pictures

34

10

i,

Car

Motor

American

55

___5

Cudahy Packing Co (Un)
Curtiss-Wright Corp com (Un)
Class A (Un)_

Pan

Paramount

100

__

,_5

Jun

a__

290

1

(Un)

Packard

Jan

17%

Jan

35

2

com

21%

Apr

12%
a__

al6%

_2o

Jun

'

lft

5 V4

50c

Jan

30

4

lft

*>

—

& Steel
(Un)

Co

Zellerbach

Crown

NY (Un)

20 Va

Jan

6%

*

Pacific Western Oil

a47%

1

(Un)-—.

Copper

Pacific

Jun

25

Min

Savage

Consolidated

Continental Can Co

Apr

53%

•

(Un)

Edison

Consol

Feb

May

21

21%

1

17

*

(Un)

17%

17

285

a31% a31 %

a31%

25
common

Feb

•

Iron

&

40% July

Apr

320

25

common

preferred

Jan

1

Inc (Un)_.

Fuel

6 p/c

Jun

Corp
Elec

49

a96%

Jan

16

30

30

10
10

Products
&

15

*

39y4

.

32

Jun

17%

17%

10

34%

1

95

100

a23% a23%
10%
10%

•

(Un)

28

I

25

65%'

10

(Un)

MultiDller
Molybdenum

280

66%

1

(Un)

Petroleums

Pacific

July

6% Mar

'

114

__

25

Climax

Clinton

*

'

Jan

a59 % a62%

a56

__

40%

al6 al6%

(Un)

28

100

1

Co

13%

—

_1

56%

21% May

__

__25

Corp

Service

Clary

1

.

(Un)

Chicago Corp
(Un)-;
Chicago Milw & St Paul Com

Oil

Jan

>20%

21%

779

3%

a26% a27%

/

66%

40%

al6=

Co

Jan

a54%

1

;_i

Chesapeake & Ohio Ry Co

Oil

17%

•

.*

Jun

a

Jun

11

10%

1

Aircraft—

Vought

Chrysler

^

Products

Jan

r.

66%

1

3},rr

%_

'

23

a—

•

(Un)

RR

a55y8 a55y2
al4% al4%

10 ! a553/4

20

20

7%

Aircraft

28

__

Apr

43% May

.38% Feb

255

40%

July

a__

'21

21

2%

(Un)

Co

Pacific

Northern

16%

__

—10
—12V2

(Un)

American

North

Northrop

100

25

L

(Un)

Corp

Charter

(Un)

(Un)

Tractor

Certain-teed
Chance

Ry Co

4 Va

2.20

Jan
Jan

1

Aviation Inc

142

2

(Un)—

2%
1.35

154

t

47 y4 May

a__

a34% a34%

1

Co

26 %

5

.

Oil

Oil

a22
M

Co

Atlantic

"21

1

al3al3y4

__

10

Packing

Canadian

—

a42% a42%

50c

(Un)

a21

1

80
r

"

_1
10

Corp

Norrls

12% July

Jan
Mar

1,270

5

(Un)

Mining & Chemical
Central RR (On)

5% May
13% Apr

Jan

Jun

9,615

2.00
a 16%

a42 %

-

1

74% May

11,000

4%

1.85

al6%

*
3

Lines

Jan

12c

3%

4%
2.00

__■*

(Un)

Feb

",

California

Inc

City

(Un)

50 y8

13%

__

Utilities (Un)

67

10V4
44%

Mar

1.50

1.15 Mar

38% Mar

Jan

8

14y8

59%

__

Fuel

123
;•

25

Jan

633

Montgomery Ward & Co Inc (Un)

National

High
17% Mar

17%

192

700

1

Jan

60

__

River

Motorola

23

1.50

—5
10
5

(Un)

Montana Power Co

Feb

23

17% Mar

45%

1

Montana-Dakota

12%

Low

116

1.30

Co

Mississippi

37%

Range Since Jan. 1

High

18% al8%

45%

Petroleum

Mission Development

Feb

.

70

9

Co

13

34 y2 May

50

..

Jun

11%

a64y2 a64y2

10

preferred

r

10%
43%

12%

Mfg

23

a

5

637

"12c

5

Menasco

Shares

__1

Co

Chemical

'Feb

16

al3% al3%

50c

Oil

Jun

3.50

!

v.

10

Budget Finance Plan com

,

.

Jan

July

a64%

____1

(Un)..i

Mascot

Mathieson

10.%

10%

1

<Un>—_

400

3%

;__5

=

12

15

12c

Apr

24 %

.tan

11

300

10%
44"%

(Un)

com

780

1,225

>

11

•

—

9% Jun

2.85

314

a80% a81%

10c

Corp__

Company

-

5%

19

•; 12

a69% ^</a68% £70ty8

___2

Corp

100

35

1_

'

2

Diamond

23

11

•

4% Mar

Martin

al8%

1

Co

for Week

Low

1

(Un)___
(Glenn L) Co (Un)_.

Magnovox

Merchants

35

__

-5

(Un)

Corp

-

-130

-a20% a20%

*

1

July

35% May

'

<8% May

1,171

.934

11%

20c
—

'

111

Apr

'

93/4

3

_50

Co

Instruments

Jan

n

11

10

preferred
Oil

Beckman

'

14 %

Jan

27%

23

23

1

common:

95%

281

.5

-

X

;

100

Oil Co

Bros

4%
••

Apr

'225.

111

32 %

4%

13

10% 'Feb

Jan

ill

Par

High

12

370

32l/2

...

.

■8%

265

12

111

3

'

.

RR

Petroleum

Bandlni
Bankline

Basin

Ohio

&

12

lo

Baldwin-Lima-Hamilton

Low

t.'-'

974

Sales

Range
of Prices

Sale Price

Range Since Jan. 1

High

974

974

Santa Fe (Un)__50

&

Shares

Week's

Last

STOCKS

for Week

of Prices

Low

,,.

5

(Un)—'.

Refining

Atlantic
Avco

(Un)_

*

2

Friday

Range

Sale Price

'

-

■

•

Armour

Last

'
•

ENDED- JULY

Sales

Week's

Debs

3%s_

1972

106

July

108% Jun

38

The Commercial and Financial Chronicle

(86)

.

.

Monday, July 5, 1954

.

OUT-OF-TOWN MARKETS
FOR WEEK

RANGE

ENDED

JULY

2

Friday-

Midwest Stock
A

Exchange

Friday

Week's

Par

for Week

of Prices

Sale Trice
Par

Shares

Low

f.nv

Packers

International

Range Since Jan. 1
High

International Paper
International

Abbott

Adams

Admiral

Affiliated

Gas

Castings

Equipment

Alleghany Corp

Interstate

17

15%

26

Jun

20

20

21

20%

3,000

8%

250

Apr
18% May
7% May

8%

8%

500

7% Mar

3%

100

3%

31%

350

25%

Jan

32

'58%

1,300

45%

Jan

58%

Jun

13%

13%

14

Jun

47%

48%

11% May
36% Feb

14

48%

Jun

10
—_5

45%

45

43 % Mar

48%

11%

11%

900

11 % May

18 %

18%

18%

3,200

13%

Jan

18%

Apr

100

166%

166% 167%

1,300

156%

Feb

Co

—25

Amurex Oil Dev class A common

&

Co

Oil

$1.50

&

Refining

2nd

conv

~9%

1

12%

3%

2,100
500

45%

1,700

Avco

Corp

Mfg

111

4%

Jan

Feb

169% May
65% Jan

55 % July

Kaiser

Alum

Manufacturing. Co
Brewing
Steel

(Un)_.

Salle

La

Extension

Laclede

Gas

Lamson

&

100

111

100

Leath

Co

&

1%

Jan

14%

Jan

Lion

Jan

26%

Jan

Lonergan

111

Jan

Oil

Co

10%

Jun

Medusa

53

Jun

Metropolitan

Brick

Inc

Mickelberry's

Food

5% Mar

Marquette

1% Mar

82%

*

—

Brad Foote Gear Works—

82%

52

20c

—

Budd

Jan

Miller

4%

Jan

$1 prior preferred
Minneapolis Brewing

Jan

51%

1%

1%

12%

5

12%

200

12%

Jan

70% May

15

19%

75%
50

Feb

24%

Apr

85%

Jan

(Un)'

Middle

South

Jun

Apr

54 %

Feb

1%'May

2%

Jan

200

11%

100

10%

Jan

157/b

Jan

16%

Apr

13%

Feb
.

Apr

13%

Jun

3,300

11%

Jan

20

Jun

900

19%

South

Light

Central

Illinois

Public

Central

111

Secur

Chesapeake &

Chicago
$3

25%

21%

Jan

28%

Jun

27

1

Service

10

(Un)

convertible

22% July

Jan

26% May

38%

Jan '

2314

1,300

19%

Jan

3%

Jan

7

Jun

Chicago So. Shore & So. Bend RR.12.50

—

33% Mar

900

19

64

%

50

60%

Jan

64%

Jun

10%

200

10%

Jun

12 %

Feb

10%

10%

2,000

10 %

Jan

36%

Feb

27 % May

Jun

12

Mar

Feb

108

Cities

Service

Cliff's

Cleveland

4%%

Co
Iron

118%

Jan

Jun

56%

Feb

66

Jun

107

20

102

121

26

66

3,100

Clinton

Foods

Columbia

Gas

$1.32

1

Corp

Co

preferred

Motors

——

25

(new

com)_10

Corp

100

81 %

700

17%

76%

19%
76%

200

72%

Jan

79% Mar

60

76%

96

6014

300

54 %

Jan

60% May

27%

27 3/8

200

26

—

26

100

14%

•
25

common

of Amer

96

5

(Uni

Edison

convertible

Continental

•

________

System

Commonwealth

Container

Co

Inc

Co Inc

Coleman

Ilium

63%
19%

100

—

Electric

96

i

common

preferred

Cleveland

Crane

10

65%

14%

14%

40

39%

40

3,600
10,700

24%
24%

Jan
Jan

Feb
Jun

20%

Jun

29

Jan

28

12%

Jan

14%

37

Jan

Mar

41%

•

Jun
Jun

39%

39%

39%

300

37%

Jan

41%

Jun

55

55

55

200

48%

Jun

55

Jun

1

8%

8%

200

7%

32%

32%

32%

600

29%

Jan

35%

1

(Un)

9%

9%

9%

1,600

7%

Jan

10% Mar

'•

■

&

Detroit
Dow

Company

&

Dodge

Motorola

Chemical

Du Pont

Muter

Eastern

(E I) de Nemours
Air

Fastman

Eddy

Lines

Kodak

Paper

Electric

National

Co

(Un)

National

Tile

York

New

Radio

&

&

&

Mfg

Phono

Drive

Gamble-Skogmo

American

General

Box

North

American

Oak

Jan

Edison
Oil

2b%

Co

Co

9% Mar

Apr

Pan

Pen

Class B

64%

67%

2,200

40

4074

200

25%

2574

50

574

5 74

100

19%

200

—

19

22

Jun

Jan

Apr

30

56%

Jan

67% July

31

Jan

41

Jun

25 %

Feb

27

Jan

4%

Jun

6%

17% Mar

20

Jan

Jun

1774

17%

17%

300

16% May

20%

Jan

5174

50

5174

500

38%

Feb

51 %

July

32

31%

32

250

28%

Jan

34

10

Pennsylvania

Peoples

Pfizer

Co

2174

1,000

33%

32%

33%

1974

Jun

4

4

100

3% Mar

474 May

18%

Jan

26

600

20

Jan

35

Jun

Apr

Feb

5474

19%

1974

300

17%

Jan

19%

24%

24 74

200

20

Jan

27% May

53 %

55%

700

63% Mar

53% July

15

14%

15

3.300

13%

Jan

15.74 Mar

47

48

1,500

40%

Jan

49

1

1874

18%

19%

700

16%

Jan

20% May

12

4274

4274

43

500

38%

Jan

43% May

62%

61%

62 74

400

54"%

Jan

67% May

30

29%

30

800

27

Jan

30

_

_

—10

(Chas)

Phelps

1774

2

17 y4

1774

17%

17%

_

..

♦

900

104%

Jan

25%

200

22%

Jan

61%

1,600

46"%

Jan

30

127 %

Jan

50

34 %

Jan

Pulman

Apr

Pure

Co

155

155

3,000

9%

Jan

12

200

13%

Jan

20% Mar

500

13% Mar

20% Mar

15% May

19

200

10% May

12%

400

15

18%

50
v

100

135%

1574

4,100

13 %

155

July

Jun

Apr

155

Jan

Jun
Jun

Mar

Jun

Feb

July

16% Mar

1574

15

1

(Un)_

31%

30%

32 74

1,800

Jun

37%

Feb

12.50

—

4074

3974

40%

400

31%

Jan

40%

Jun

34

34%

400

28

Feb

34 74 May

«

Co

60

60

3774

38

54

54%

200

55%

5574

200

30

30

100

29%

30%

2,400

22%

7%

*

(Un)

*

(Un)

60 1

303/4

38

1
*

Indiana

of

Quaker Oats Co

Oil

16 74

4%

3%

10,400

11%

16

3

Company

Jun

1174

100
—33 %c

_

Co

Co

374

16

prior pfd_25

(The)

Jun

■

_

___

conv

Com

(Un)
Petroleum

141%

61%

12

17%

_

&

Dodge

41% July

26

1174

Corp

Jan

141 %

1174

2

__

(Un)

33%

60 34

2174

-

1

Light & Coke

Gas

Pepsi-Cola

RR

1,600

25%

4'-

2174

__

55%

5

170

42

11%

—

170

42

-

774

400

150

1,200

54%

Jan

67% May

Jan

10%

Jan

38%

Apr

Jan

54%

Jun

43%

Feb

64% May

28%

Jan

30% Mar

Jan

30% July

774
36

41%

Jun
Jan

Jun

11%

400

9% May

170

Jun

44

May

11%

Jun

Radio

Corp

America

of

15%
8%

15%
8

11%

Remington

Rand

900

15%

Apr

16%

Jan

Reynolds

1,200

5%

Jan

8%

Jun

Richman

2,150

9 %

May

Jan

Rockwell Spring & Axle—

•

12

Tobacco

J)

(R

6%

Jan

7%

Apr

St

Jan

54%

Jun

8t Louis Public Service "A"

2%

Jan

2%

Jan

St

12%

12%

15

12%

Jun

14

Jan

Schenley Industries (Un)

45%

48%

4,200

May

48%

Jun

Schwitzer-Cummins

10S/8

10%

200

Jan

10%

Jun

Shell

71%

Feb

73

Co

5

(new

com)

5

1

common

46%

1
*

38

9%

Louis

com

100

Jun

Signode

72%

765/a

4,500

59

Jan

76% July

41

42%

1,550

31%

Jan

44

32%

Jo,n

32 %

Co

6%

32%

32=4

200

28%

33%

20
1

57%

34%

500

6%

7%

3,200

33% May
4% May

May

18% May

5874

5874

200

47%

Feb

60

*4

3374

3574

4,000

33% July

40% May

21%

2274

3,450

21% July

26%

Jan

20 74

800

19

22 74

Jun

55

1
_

_

l

59%

61

400

!

♦

1%

1%

9%

700

30

500
.

53"%

250

9 %

Jan
Jan

May
7% Jun

Socony

Oil

Vacuum

South

Bend

Southern

35%

Jun

Spiegel

Jan

67% July

May
1% Jan

10% Mar

Brewery

14%

150

13%

Feb

26%

900

18%

Jan

•

A

400

14%
26

19%

19%

19%

400

16

Jan

3

Cooperage class
Corp
(Un)

1%

14%

20% Mar

27% May

18

1,100

15%

Apr

22%

11%

11%

11%

1,900

11%

Jun

14

9%

Jun

15

Jan

60

2

9%

9%

25

Corp

53%

53%

10

500

54%

800

46

(Un)

1

Hammond

Organ Co
Harnischfeger Corp
Heileman (G) Brewing Co
Hein Werner Corp

27%

300

14%

Jun

200

46%

Jun

50

Apr
Apr

20%

20%

2074

450

16%

Jan

21 %

40

40%

1,600

32%

Jan

44 % May

8%

3,400

8%

774

15

43%

4274

4374

2,200

35%

Jan

45%

5

26%

27

750

24%

Jan

28

Jun

1674

1674

700

15%

Jan

17

Mar

4274

4274

300

36%

Inc

& Co

Oil

Jan

Standard

Railway Equipment

Jan

Stewart-Warner

Feb

Sunbeam

17%

Jan

650

22%

Jan

25%
10

Jan

Texas

Apr

Texas

21%

23%

24

9%

850

20%

100

23

8

Jan

Sunray

new

Co

Steamship

19% May

20%

42%

43

150

37

43

Jun

Thor

For footnotes see page 45.




700

68 %

Jan

83%

8774

900

72%

Jan

90

Jun

38%

3774

38%

500

32%

Jan

42

May

1

9

ft

9

9

1,100

9

10%

May

Apr

Feb

20%
11

20%

500

19%

Feb

22

Jan

1074

11

700

9%

Jan

11

Jun

1874

—1

19

700

14% May

22 %

Jan

39

37%

39

1,100

32

Jan

39%

Apr

5

27%

27

2774

3,300

15%

Jan

29%

Jun

1

Tool

(Un)

24%

150

21%

Jan

25

Apr

Thor

Power

12%

12%

500

9%

Apr

13%

Jun

47 %

48%

300

44%

Jun

48%

■18%

1,600

16%

Jan

20%

Apr

200

57%

Jan

7474 May

27 y4

29

900

18

Jan

29 y8

Jun

23

23

23

100

22%

Jun

23%

Jun

Trav-ler

58%

59%

1,200

41%

Jan

59%

Jun

Tri

18%

1874

66%

67

64%

—25

6674

15

15

100

1874

19

1,050

Jun

28

_

Corp

24%

*

Co

International Harvester

79

Corp

Corp

25

IHII1
II__
•
■

77%
85%

(Un)

(The)

10

*

Indianapolis Power & Light

64% May

86

1

Machine

Oil
Co

Jan

Gulf

Toledo

Co

Indiana Steel Products Co.

Jan

77%

5

Corp

Corp

Sundstrand

jq

.

May

Apr

Apr

21%

20%

5

1

53

25

—

(Ohio)—

Corp

Jan
Jan

100

600

10

Standard

Indiana.

S (Un)

Container

8
2

6% Mar

174

15

of

N

Stone

600

45% Mar

Jan

61 %

1%

Co

774

Apr

61

*

California

of

Oil

May

7%

2

common

Oil

1,100

21%

2

II

common

.

Standard

30% May
22% Jun

23%

9 %

#

(Un)

Standard

500

1

"3

3% May

8% July

5%. Jan

5

_

Feb

15

27%

~_Io

Spencer Bartlett

Huttig Sash & Door

RR

800

,_1

Jan

15% Mar

15%
46 74

40%

Warrants

Standard Cil

Studebaker

Hallicrafters Co

July

15

1

Apr
26% May
20% May

1%

Jan

12

700

*

(Un)

Pacific Co

Jun

26%

May

14

800

1
__

_

Works

Lathe

Co

61

1

57

1274
27

Jun

37

.•

—

Dredge & Dock

Western

9%

46%

51% May

12

4674

15%

-7.50

Strapping Co

Oil Corp
Society Branfi Clothes Inc

30

Jun

18

1.40

Co

55

Jan

July

2674

12%

5

'

Co

(Walter'E)

12

(new)

Steel

12

Jan

—

*

Stockyards.

Co

Sinclair

41

5

new

71%

765/8

6

(Un)

Paper

Oil

5

Corp

National

Regis

Jan

1474

—

5

__

38%

8%

400

19%

_

100

1,400

21%

10

B

class

•

Co

12

18%

58%

•

(Un)„

1074
18 74

12

50c

(Un)

8%

Bros

3074

5

Raytheon Manufacturing Co

15%

11%

*

(Un)_.

200

Corp
Stores

Steel

6774

A

800

Graham-Paige

Inter lake

450

4074

3%

Patterson-Sargent Co

41%

671/4

Inland

25

Airways (Un)

Peabody Coal Co 5%

40%

34%

Central

23%

3%

_

Co

66

Brick

23 7 4

•

7%

Co

Blinois

51% July

47

_

2%

Utilities

Illinois

44 %

_

(Un)—

class

Service

34%

Hibbard

70

Jan

*

_

Public

67%

Heller

Jan
Jan

34%

com—5

—

World

Co

Phillips

34%

Oil

May

55%
38%

_

_

_

Car

American

Parker

Potter

*

Griesedieck

Feb

10

_

Motor

Packard

Jun

•

Greyhound

Feb

Feb

7

700

10

_

—

Co

(Un)

Jun

•

Gulf

14%

600

1

(Minn)

53%

(Un)

Bros

May
5% Apr

11

5

Oklahoma Gas & Electric-

13%

Gossard

Greif

3%

1,150

100

Manufacturing

13%

Goodyear Tire & Rubber Co

Lakes

29%

_5

_

Ry

Southern

Drug

Jun
Jun

Jan

51%

10

2%

Telephone Corp
Refrigerator Co

Great

5,200

1

Corp

714-

Motors

Gray

300

6 %

12 74

Jun

2%

Jan

8% July

Jan

43%

1

(Un)_

Power

30% May

130

Car

53%

Corp

H)

11%

574

6

Apr

6874

(Un)

2%

Package Corp

(W

27

1,100

Feb

45 74

—

-

_

53%

General

Co

400

3

11 %

•

50c

__

1

General

Glidden

2974

2%

class A_*

Bancorporation

Jan

5

Finance Corp
Foods Corp

(The)

10%

1

States

Jan

10

j,

General

Gillette

conv

Transportation—2.50

Candy

Public

350

6

42%

(Un)

Pacific

Jan

5

Inc

Corp

Electric

General

1274

•

—

Northern

7%

5

Auto___

General

Gibson

49% July
60

12

-_3

-

Northern

Northwest

10%

1

General

General

41% Apr
51

900

29 74

_

_

RR

North American Co

600

5

(Un)

Inc

General

General

1274

350

874

'

of America

Four-Wheel

60

*
_

Aviation

American

900

— —

Brewing Corp

Flour Mills

1,200

49 74

774

42%

—

Republic Steel Corp

Falstaff

29% July
25 % Mar

51

Mfg

North

400

mmmm

Jan

Jan

25

_

Prod

Central

13%

10

Jun

24%
17

10

Co

13%

__

42

600
400

57

1

__

Distillers
Lead

3014

1

100

29 74

66

_

National Standard Co

12%

5

46%

Jun

23 74

4574

874

_10

_.

_„

__

Cement—

Cylinder Gas

13%

Corp

Controller

Emerson

(Un)

Inc

_

Company

30

41%

Co___

Muskegon Motor Special

13%

5

Apr

46%

60

Mfg

_

30%

10

Co_

&

Inc

5

(Un)

Corp

_

_

Manufacturing Co
Montgomery Ward & Co

10

common

Cleveland Nav

Manufacturing

_

_

1

Modine

Philco
Deere

41% May
674 Jun

49 74

4
1

—

105% May

25

common

Curtis-Wright Corp

Jan

2874

♦

River Fuel

Ohio

25

15%

Jan

5

_-

_

—

-

common

Portland

Ohio

Chrysler Corp

Apr

4

Jun

123

107

121

—

121

*

400

24

10%

10%

Chicago Towel Co common———*

34%

64%

10%

15

32%

800

23 % May

700

7

23%

*

_

_

42% May

34%

__

Chic Milw St Paul & Pac common—*

$7 convertible preferred

Apr

23%

100

6%

__

1

preferred

16%

1.200

23

__

25

common

300

25%
41%

21%

23

1

common

22%

24%

41%

Co

Corp

Ohio

Corp

22%

Corp.—5

West

Illinois

•

.___

110

800

674

18% May

50

18%

Inc

Min

Mississippi
Missouri

20% May

17%

26

•

_

Jan

Jan

May

23 74

29%

1

__

___

Utilities

Hart

&

National

25

145

Apr

1,300

13

19%

17%

12.50

common

150

1%

19%

19%

5

——

52

13

1
—

300

82 %

Jan

15%

♦

Corp

Cement

Apr

National

&

Chemical

Portland

1

3

8974

3874

6

46 74

(Un)

Co

L)

24

50%

150

15%

•

Co

&

(Glenn

Jan

800

140

15

37 %

6%

Cement Mfg
Field

Marshall
Martin

% Jun

900

140

38%

Products

4%

9%

1

_—

Jan

70%

18%
15

—*

B

class

Jan

Jan

May

Minnesota

5

17%

18:

Jan

July

7%
36

Feb

Borg-Warner Corp

19 % Mar
10

Jun

—

Mfg

Jun

Apr

8%

4%

84 74 May

Feb

46%

69%

Feb

874

150

21

64%

16%

700

800

1,000

50

Jan

650

82 %'

400

4%

)ii

81

1,600

1,500

23

15%

974

Jan

li

Jan

7
1
—*
_~,10

_

Jan

22%

11

15%

Libby

6%

22%

1,150

8214

_*

common—_____

&

28%

1% Mar

15%

Feb

300

900

1374

11% May

400

1%

July

15%

17% May

6%

9%

57

36 % July

Jan

32%

52

Jan
Jan

Jan

6%

5

July

47

32%

9%

preferred

ll7/a
23

92%

40

100
100

15%

Feb

3,100

19%

Central

Jan

57

36%

400

10%

2,000

24%

50

Central

26%

57

900

Apr

9%
12%

1%

10

America

400 "

3774

36%

17%
18%

8%

9%
12

20%

Corp

of

40

40

1

11%

Lindsay Chemical Co common

20%

Corp

May

17%

Jun

12%

Celanese

Jun

42 /

11%

46%

18

Pacific

3174

Jan

4

Jan

Jan

Brothers

Jan

20%

——.—10

Co

33%

Jun

Butler

29%

300

(Un)

Co

Sessions

700

16

Canadian

900

2374

Jan

46

11%

Corp

3174

23%

7%

Lincoln Printing Co common

150

Burton-Dixie

31%

r-10

Jun

7

Feb

200

Company
:
Burlington Mills Corp (Un)
Corp (Un)__

12% May

100

Jun

12

Burroughs

Jan

7%

38%

18

(E J)

10%

7%

14

18

Sons

500

5

Jun

12

&

12%

University

Jan

1

Brach

12 %

Jun

May

3

10

5

i

19

2% May

29%

%

1

•

Corp

(George W

40%

Jan

300

500

Binks Manufacturing Co

Borg

Jun

1374

27 a

500

Booth

Fisheries

3874

1,100

27i

38%

9%

10
(Un)_lp
—_____1

Corp

Corp

200

18%

Chemical common

&

10%

51

50c

Benguet Consolidated Min'g Co
Bethlehem

40

1774

Power & Light

37%

4%

*

Inc

Berghoff

40

17%

•

*
Katz Drug
Co
—————1
Kennecott Copper Corp (Un)
*
Kropp Forge Co
33 %c

Mathieson

Belden

74%

convertible preferred —_——50

5%

Kansas City

32%

13

(Un)

Bastian-Blessing Co
Bearings

Apr

Jan

*

1,300

111

6%

3

Baldwin-Lima-Hamilton

13

5674

(Un)

56%

24%

*

Corp________—_____4
Co
—10

Refining

Jan

100

Electric

Steel

45%

5

common.;

preferred-

Products

Atlantic

10%

58

(Un)

10

38%

10

Atchison Topeka & Santa Fe_—_——50

Athey

200

74

*

Tel

&

Laughlin

Libby McNeil

Armour

1274

74%

74%

7.50

55%

5

50

Mining (Un)
(Un)——
(111) common..

Copper
Armco Steel Corp
Ashland

Jun

12 54

—

Jan

18%

Tobacco

Anaconda

43%

Apr

11%

(Un)____5

Motors Corp
Tel

Jones &

Jun

57%

—1
12.50

San

Ltd

Co

Gas

Illinois

27% May
35% Jan

34% May

500

Apr

31%

.

Rad & Stand

Feb

9%

58

(Un)

American

Iowa

High

400

.—*
15

Co

&

Power

Low

34%
42%

32%

21% Mar
10

31%

1
*
20

American

&

21%

8

1

—

Co

Can

Tel

Apr

Jan

5

,

Cyanamid Co_

American

22%

21%

——

—

(Un)—

American Airlines

American

20%

21

Laboratories.

American

1.400

21%

Chalmers Mfg

American

Tel

400

(J D) Mfg Co_—_—___—.*
Corp _____—,
1
Aluminum

Allied

International

44%

10

Advanced

Allis

Apr

42 %

Co

Steel

Acme

48%

44%

Range Since Jan. 1

High

42%

(Un)

(Un)

Shoe

42% July

——5

Laboratories

Shares

Low

34%

Chemical—5

&

International Nickel Co

High

for Week

—3.50

Mineral

International

Sales

Range

Last

Sales

Range

Sale Price

compilation at th« round-lot transactions only

STOCKS

Week's
of Prices

Last

STOCKS

.27%
•

32

27%

800

32%

1,600

26

28%

Mar
Jan

29

3_%

May

|va

Trane

Producing.

Edison
Co

_

_

_

_

_10

5
Tool

4074

Corp

16% May

Jan

19%

Coal

common

20th Century-Fox Film

13%

14

400

1274

67%

1,050

36%

Jan

34%

35%

600

25%

Jan

_%

274

1,000

■2174

21%

500

15%

Jan

i—

14

Jan

6574

25

1

Jun

May

14

—i

(Un)

66%

J^n

11

17%

65%

2

Radio Corp

Truax-Traer

300

___—2

Corp

Continental

19

—5

Co

(The)

Transamerica

l—w

•

Co

2

Feb

n

67%

35%
3

21%

Apr

July
Jun

Jun
Mar
Jun
Feb

1

in

1674

1674

400

13

Apr

18

1

2"*'-

20

20%

500

1974

Apr

22% Mar

Number 5339

Volume 180

The Commercial and Financial Chronicle

...

(87)

30
*

OUT-OF-TOWN MARKETS
RANGE

Week's

Friday
STOCKS

Last

Range

Sale Price
Par

Union

Carbide

Union

Oil

United

&

Carbon

California

of

Lines

Air

United

Corporation

United

States

0

U

S

Steel

Van

Electric

Jan

50

23

23

100

21% May

5%

5%

200

167 % 167 %

35%

49%

5,400

8%'

8%
24%
40%
75

33%

33%

14%

14%

300

79

79

*

(F

14 y2

•

Wisconsin Electric Power
Public

16 y8

Mar

!

10

Laboratories

Industries

Air

Inc

100

24%

100

35% May
50% Jan

42 %

Feb

75

Jun

27%

34%

Jun

1,300

1

Feb

13% Jan

5

Co

American

Factors Ltd

200

28% May

31%

700

19

Motors

Co

43

1,400

40%

Feb

(Un)

9%

550

8%

Apr

11

45%

200

38%

Jan

45% July

Jan

Corp

*

68%

200

68%

65% May

73%

Apr

Radiator

American

American

Chem
S

&

Week's

Tel

Tel

&

S

American

Stores

Co

American

Tel

Tel

Arundel

&

American

Woolen

Co

City

Elec

•22%

Co.

10

Low

50%

159

166% 167 %

167y4

1,820

44

High
52%

Jun

Jan

170 Va

Jun

Louisiana

22%

Baldwin

Securities

Baltimore Transit
Common

$2.50

22%

5

19%

Jan

22%

34%

960

29%

Jan

34 Va May

6 %

Corp

1c
1

t

preferred

Securities

Budd

Oil

3

10

Atok-Big

(Un)

3%

515

Corp common

Corp

5%

5%

50

34%

bo

155

50

Baldwin

10%

Jun

3%

Apr

Beech

:

10

Company

(par

48%

49

12%

13'/a

$5)

now

6%

Jun

Bethlehem

35 %

Jun

Bishop

13%

155

Jan

656

Corp

25

66

63%

66 %

Jun

Ohio

Delaware Power & Light common__13ya

29%

28%

29%

320

27%

Duquesne Light Co

10

31%

30%

31%

1,751

28 Va

•

24%

24

24%

382

Electric

Storage

Gimbel
Hecht

(Julius)

Motors

pfd__25

19%

19%

19%

100

5

conv

76%

72

77%

4,167

Brothers

Blair

Lehigh

Coal

Martin

5

&

Navigation

1

Co Inc

16%c

Jun

Chica

Budd

new

30 % Mar

Byron

Apr

19% July

58%

Jan

| 77 % July

Cement

California
Canada

Packing Com
Ginger Ale

May

10

Jan

Caterpillar Tractor Co common

23%

160

16%

Jan

25

Mar

Oil

Canadian Atlantic

Pacific

I)

(J

Celanese

Co

Ry

Corp of

17%

Jun

21%

Feb

Central

Eureka

Jan

14%

Feb

Chesapeake & Ohio Ry

1,746

35 %

16%

2,930

15% Mar

18%

48%

348

38

49% May
40% Feb

37%

4,239

Jan

42% Mar

Mar

35% May

32%

Mar

preference

•

common

Jan

Preferred

Chrysler

Participating

series

Service

$1.40

_

Rcott

div

18%

—50

preferred

El

Gas

&

•

common.

7%

6,542

9%

2,147

5%

Jan

33 %

34%

816

28%

Jan

18%

18%

4,345

16%

Jan

34% July
19 % Apr

43%

16

42%

Jan

45

Jan

50

.

Co

4

7%

Jun

9%

Jun

Jan

Mar

27 %

27

27%

858

25%

Jan

28% Mar

28%

28%

110

25%

Jan

28% July

28%

100

.10

,

28%
380

—

28%
380

179
10

26%
365

——

28% May

Jan

400

Mar

Washington Gas Light
$4.25 preferred

45

45

10

75

513

68%

Jan

76% May

20

4%

Jan

33%

Jan

5% May
36% Feb

35%

•

33%

*

_

100% July

Jan

73%
5%

.13%

common

69%

45

1

Corp

United Gas Improvement

2,177

5%

35%

35%

33%
100

_

33%
100

"""*

453

45

45

July

July

Clorox

Co

4s

1975

A

ser

72%

72%

73

2,000

30%

Jan

4

93%

Jan

$2,000

70

Columbia

34
•

Apr

100

Last

Sale Price

Allegheny

Ludlum

Blaw-Knox

Columbia

—

Continental

Eouitab'e

Gas

First

Walker

Di

Refractories

_

_

_

Dominguez

Pont

76

May

Mar

El

de

Jan

7%

Jan

25%

25 Va

15%

15%

31%
15

Pittsburgh
Pittsburgh

Plate

,_2.50

common

preferred

-

Glass

—25

.—10

1%
__

201

28%

Jan

31% May

25'%

25

22%

Jan

25%

15%

5

31%

31%

275

15

15

1%

1%

Inc

Renner

Co

Rockwell

Bolt

&

*

Corp

—

12% May
24% Jan
Mar

100

1%

22o

Jan

750

1%

15

Jan

7%

Jun

15% July
32% Jun

Jan

1%
11

July
Feb

Jun

1%

Jan

29%

30

268

26%

Feb

32

55

57

208

52%

Jun

59% Mar

480

6%

&

6%

_

_

Axel

1

70c

70c

70c

100

60c

5

_

Spring

6%

19%

19%

20%

396

18%

United

Engineering & Foundry Co

5

States

1

Glass

com

vtc_

_

13%
--

12%
6

13 Va
6

Westinghouse
Westinghouse

Air

Electric

For footnotes

1

see

Corp.
page




45.

12%

—

19'/a

19%

22 y8

22 %

22'A

20

19%
27 y2

2.05

360

150

115

Jun

70c

Feb

22%

Jan

Greyhound

Jun

3% July

Jun

5% May
a—

9%

—

12

Jan

July

11% Mar

13%

1,695

16%

20% May

314

17%

aJn

20 %

Jan

20(4 Jun

Jan

Apr

22% July

3%

2,361

14%

28%

1,850

22 %

Jan

28% July

al3% al3%

50

13%

Jun

14 % May

3%

3y2

—

a26%
—

__

__

65%
__

47
al6%

21%

30

14

55

57'/a

365

45%

Feb

57% July

21 y2

57 %

3%

10

al5% al5%

i

150

a26y4 a26y4
__

21%

428

16%

Apr

21% July

60c

1,600

60c

34%

Hancock Oil

5%

Co

Hotels

Homestake

90c

Jan

26 % May

28%

Jun

36% May
12(4 Mar

50c

10

39%

39%

66 V4

2,714

97

97

186

47

47

al6% al6%

Honolulu

jun

56%

69

42

Jan

50% May

39

15% Mar

18% May

__

14%
—

—

—

__

a59 a59%

165

44 %

Jan

48(4

Apr

14y2

14%

2,123

12%

Jan

14%

Jun

8%

8%

50

8(4

Jun

8(4

Jun

16Va

100

15 % May

17%

Feb

40

40

200

37

Jan

41(4

Apr

90

90

54

59

Jan

90

Jun

a437/8 a45y4

143

a61 a62%

41(4
56

13

a87/8

12

—

47%

47%

103% 103%

99

a24% a24%
9%
97/8

160

24

400

8

a24%
—

Jan
Mar

8%

798

--

new

International

72%

Apr

10

76(4

Jan

102%

jun

35

Jan

47%

Jun

101 %

Jan

Apr
Jan

14%

200

Apr

---

2.25

400

1.90

40%

1,735

36 y4

Feb

45

40%

40%

528

33%

Feb

41

107/8
134% 135%

270

9%

Jan

11% May

543

105%

Jan

170

22%

227

47

—

—

—

15

10%

a26
—

5%

a25% a26%
63
63
5%
5%

Jan

Oil

5%

22

829

22%

Jan

26%

Apr

Johns-Manville

72%

71%

74%

1,476

50%

Jan

75

Jun

Jones

■

.......

24%

a41%a41%

25
63

Jun

Jan

8

Apr

Jan

41%

Jan

49%

Feb

1

Jun

—

21

21

115

Jun

24

Apr

—

10

—

—

20

3%

3%

200

3%

Jun

45%

45%

502

38%

Feb

a53
48%

52

3
5
•

.

•

a5iy4
46%
—

4,557

72%

72%
73%

—
10.%

2,192

10V»

10%

5 —

_—

—

—

a67%
1%
58%
29%

1

A

25
Ltd

•

5

common

11%
22
—
__

—

a51%
45%

72%

Jun

39%

Jun

48%

58

Feb

72%

Jun

59%

Jan

73%

Jun

Apr

10%

9

868

Jun

Jun

28%

Jan

32

46%

Jan

58 %

Jun

500

19%

Jan

25

Apr

180

59% Mar

'

267

H%

1,372

22 22%
a25% a25%

661

20%

106

25

160

600

1%

Jan

May

65% May
1%

Feb

255

48% Mar

59

Jun

410

27%

29%

Jun

Jun

14

Feb

Jan

24%

Feb

11%

Jun

'

i

May

26% May

11%

Jan

13% Mar

155

18%

Jan

26%

Jun

280

30% Mar

42(4

Jun

57

Jan

75% May

14%

Jan

20

1.00

Jan

12%
26%

809

a40% a42%
66
66

175

—12%
*

a4l

—6%

(Un)

Co

20

19"%

20

487

1
~2o

1.55

1.50

1.70

9,885
769

28%

Jan

32%

15

37%

Feb

40% May

56%

Jan

71%

14

Jan

(Un)

&

(Un)

Co. (Can)

Co

(Un)

Tel

com

•

(Un)—•

7%
(Un)—• '
33%c

Corp

Laughlin

4% Mar
45%

52% May

31%
a60a61%
21% 21%
a65% a67%
1%
1%
58 58%
29% 29%

12%
26 %

Apr

,

31%

11%

Jun

46% May

167

—

32%

a41%a41/a

—

10

a49% a49%
32% 32 /2

a41%

a72%a74/4

—

18%
—

18 Va
8%

18 U
8%

65
i

278

Steel

(Un)
(Un)

•
10

—

a24%

71 % 72%
a23% a24/4

1.90
a—

a—

Jun

Jun
—

Jun
Jun

18% May

400

8(4 Mar

10%

Apr

310

62% Mar

72%

Jun

Apr
&

Feb

Apr
Jan

510

%

1

Co

116

24%

Jun

Jun

41%

(Un)—

Co

Paper

24

135%

May

35%

3

Nickel

23%

2.65 May

57

Co

23%

10% Mar
15% May

42%

—

200

Corp—

24

104% May
24% Apr

1,065

Inc

24

Apr

*

wi___

Tel

75

174

a77

46
1

Un)

Power

International

Feb
May

9 % Mar

15
2.25
42%

common———5

International Harvester

Apr

44%
62

Feb

45%
1

(Un)

Idaho

Apr

'

16V8

101

*

Maryland Mines Corp

6 %

104(4 May

Jan

—•

Corp

Foods

13%

Jan

66% July

Feb

81%

———I

Hunt

Jan

45(4

37% May

101

3

(The)

Mining

Oil

Apr
Apr

10% Mar

608

63%

—

—•

Ltd

Corp

Com

Jan

I

—46

Corn—

class

Jun

17

———20

Co

Pineapple

28

33%

a77

1

preferred

Hawaiian

6ftf Mar

Jan

1,801

34%

al0% al0%

'

Jun

May

1,574

a26% a27y8

a8%
a76%

10

Corp

5% Mar
Mar^

Feb

3%
45

a__

7% Mar

Jan

Mar

12

Jan

40% May

808

1

Co

Chem

&

common

*

12.50

152

5

(Un)

Utilities

10

_

Brake

7,187

12%

(Un)„_25

—

Company

New

Intex

Vanadium Alloys Steel

3V4

_|—25

Co

Corp

Public

International
United

Jun

11%

12%

—

(Un)

Idaho

Screw

__

69%

Jun

53

-1
Gladding McBean & Co__—
10
Good year Tire & Rubber com (Un)—10
Graham-Paige Corp (Uni
*
Great North Ry non-cum pfd
(Un)—•

Hilton

convertible

Jan

10

234

a62%

General Paint Corn common

302

1%

Co

Apr

6%

11

&

35

6%

1%

50%

320

12

a45%

common

Jan

30%

10%

590

10%

*

Petroleums

Motors

General

31

--

Jun

69%

a65

1
25

(Un)

Co—

Foods

Gillette

1

81%

3%

10c
(Un)—25

Gas

Electric

General

5

Mar

Jan

12

(Un)

Capwell

General

High

Jun

11

Apr

13

Mar

62

3%

•

Works

Oil

Natural

Machinery

Jun

50

3%

Jan

13

27

Jun

Jun

3y8

—

(Un)__15

(Un)

Co

(Un)_—.

A

Co

Plantation

14%

5

2.85

Jun

3

a43 a44%

3%

—5

Corp Ltd

21%

_

10

24%

618

a64%

common

Lines

General

Range Since Jan. 1

6

Jun

19% Mar

10%

a44

*

(Un)

Nemours

Dorado
Paso

Jan

_

Pittsburgh Brewing Co
$2.50

Corp

General Dynamics

28%

Jan

5%'Apr

Apr

3

35c

69%

10%

"

Bank—:

class

Kodak

Food

Low

89

34% May

Jan

8%

Jun

May

81%

12

"A"

Y

Refining

Co

Air

Jan

.

Corp

N

Mfg Co
Fields

du

17%

.

4%

Feb

36

80%

*

Gas

Oil

Mont Lab

12%

.

_

75

Jun

10%
111%

Feb

25c

4,300

al5% al5%

—-•

(Un),

Corp

Chemical

1

*
,

32c

a4%

100

—•

Doernbecher
Dow

82

31,

32c

a4%

2.95

Giorgia Fruit Corp class A com—5

8.50

Mackintosh-Hemphill
McKinney Mfg
Natco

Shares

46%

29% M'ar

2.95

25

of

Nat'l

Curtiss-Wright

-4-10

Corp

186

60

(Un)___

Preferred

14%

Co—

Steel

33%

80

(Un)

Natural

Zellerbach

20%

•

33%

.40

"A"—2%

(Un)

Indus

Motors

Products

Corn

Crocker
Crown

20%

—5

28%

a23

*

Edison

Edison

Consolidated

Eastern

for Week

33%

240

a9%

(Un)„*

com

System

Chem

Consolidated

Federated

High

32%

Jan

32

a3y4

\

Solvents

Consolidated

14%

Brewing
Light

Harbison

■

Apr

a9%

3%

Packers

Commonwealth

14%

*

System

Duquesne
Follansbee

—

*

Co

Gas

Duquesne

*

Steel—

Range

11% May

Jan

8% Mar

Sales

of Prices

Low

Jan

34%

Jun

50% July
37% July
24 Va May

9% Mar

95%

Mar

Pittsburgh Stock Exchange
Par

16

75

a3y4

10

System

River

Commercial

Ewa

STOCKS

7

7

a22%

'

.

,

Gas

Columbia

Eureka

Friday

39

Jan

165

a3y4

—100

Broadcast

Columbia

Emporium

Week's

Jan

43%

9%

__

1

Co_

" '

.

El

Transit

29%

37% July

9%

__

1

(Un)

Chemical

Du

BONDS

Baltimore

21% May

566

__

25

Eastman

i

Jan

32

25

(Un)

Cities Service Co

Jan

74%

•

Oil Co

95% 100%

98

Jan

15%

all0%alll%

10

(Un)

Crucible Steel Co of America
*

Co

Trust

Jun

28%

*

com

Bank

National

United

32

43%

34%

—10

Power common
B

preference

Paper

Suburban
Sun

23%

61,906

8%

9

3

—

Reading Co common
Riggs

31

%

6%

7

.

—20

__

Potomac Electric

3.60%

_

preferred

Corp

Public

28% July
32
Jun

28%

5

_

Jan

37%

45%

—

2

Corp

39% May

Jan

Co—
•

65%

45%

*

Chicago Milw St Paul RR

Feb

32

•

Transportation

Common

Philco

28%

28%

Rights

Philadelphia

all% all%

25

Colorado Fuel & Iron—

32%

8

a21% a21%

Aircraft-

12%

36%

Jun

100

Com

Vought

71

37%

169%

Jun

31 % May

1,142

America

598

•

Jan

55%

300

al9% al97/8

12%

18%

41%

common

156%

1,811

1,394

Ltd-

(Un)

Co ,(Un)

&

13%

15%

Electric

1,779

56y4

a36 a37%

5

Case

47%

div

Jun

55%

1%

(Un)

Dry

8

16J/a

ci

Jun

37%

39

Co

944

Jun

48%

Philadelphia

18%

Jan

5

Corp
Jackson Co

8%

31

Jan

29%

5
10

Burroughs

16%

72

13%

380

27%

24% May

100

430

*

Jun

32%

Feb

Mar

36

37%

Company

Jan

38%

17

18 %

10

21 %

32%

Jan

166% 167%

166%

.—15

Inc

13%

38%

14%

36

a36%

————1

Stores

267

32 %

43% Mar

18%

5

!Unl...„,

17%

*

36

36

1

16%

-.——5

14% May

35% Mar

50%

(Un)

com

Oil

Co

31% May
Jan

Jan

May

10

Drug Stores Inc

11% May

130

38

(Un)

Com

Borden

50

Peoples

77

a49% a50y4

2

Bolsa

Pennsylvania

Pennsylvania Water & Power Co

320

al2

•

21%

41%

695

16%

5

(Un)

13%

41%

45%

16 y4

1

18

*

Jun

May

all%

1

Chance

Mfg

13%

44%
all%

100

(Un)

Corp

Apr

Corp
Pennsylvania Power & Light com
Pennsylvania RR
Salt

42% May
48 % Apr

lc

13%

Pennroad

Feb

(Un)__13

Corp

(Un)

8%

8%

36%

3

22%

10

(Glenn L)
&

56'

60

(UnK-50

16%

-

a47 y8 a47%

5

21%

15

common

17

37%

—

Jun

18
.

Jan

49%

Co

Holdings

Canadian

(The) Co

Merck

4%%

Corp

15%

5

(Un)

Boeing Airplane Co

66 %

Apr

23

51

11% May

332

37%

Corp

Steel

Oil

Calveras

Garfinckel
ueneral

Battery

100

736

16 y4

10

RR

13%

Feb

56

July

64

13%

5

(Un)

Co

50%

11% Mar

2,678

64

Jun

16

P2

Broadway-Hale

Chrysler

Feb

Jun

64

10

70% July

70% July
48% Jun

1,000

Jun

5

Aviation

Jan

140

Co

(Un)

Aircraft

Feb

3

59

50%

(Un)

Gas

Petroleum

Bandini

4%

32

Jan

*

(Un)

&

25%

70%

Corp

Securities

222

155

70%

47

20

Wedge

1,266

6

34%

693

.—50

(On)

Co

Baldwin-Lima-Hamilton

Jan

8%

58 %

"

(111)

Mfg Corp

2% Mar

458

May

13%

—25

(Un)

(Un)_;
Topeka & Santa Fe

Corp

Avco

Oil

Refining

Bendix

participating preferred

Barber

9%

Co—

non-cum

Bankers

13

88

0

Corn

Co

&

Baltimore

Baldwin-Lima-Hamilton

May

Jun

33

33%

Fuel

Atlas

Jan

155%

88

58%

100

Copper Mining

Steel

Armour

Range Since Jan. 1

313

*

(On).

Calif Natl Bank

Atlantic

High

50%
.100

Corporation

Atlantic

Shares

Low

a96

25

Corp

Atchison

of Prices

Sale Price
Par

a91%

64

B

Co

Viscose

Armco

for Week

27%

•

Arkansas

Sales

Range

26%

13%

(Un)

Arkansas

Last

class

American Tobacco Co

Anglo

Friday

Jun

Mar

22% Mar

Smelting & Refining—

Common

Anaconda

STOCKS

20

100

a92%

5

Archer-Daniels Midland

Philadelphia-Baltimore Stock Exchange

60

a26

20

American

45% Jan

Apr

a20% a20%

10

Corp

American

Zenith Radio

(Un)

Potash &

20% Mar

17% Feb

Jan

41%

a25%

__

12%

(Un)__

American

1,400

45

Can

C.vanamid

19%

Jan

47% May

Jun

(Un)__l

com

American
14 %

Jun

40%

1

(Un)

Thtres

American

30%

8%

9

45%

American

High

43%

145

*
Inc

Para

Apr

78

Apr

Broad

July

14%

77%

25

Amer

Low

10

20

Ltd

Airlines

American
.

Range Since Jan. 1

High

a43 % a43%

a26

(Un)_—*

Corp

Shares

a40% a41%

(Un)—

Chemical & Dye
Allis-Chalmers M'fg

26% Mar

Jun

a43%

25

Reduction Co

for Week

of Prices

Low

5

Corporation

Admiral

Apr

16 y8

42%

5

Youngstown Sheet & Tube

8

19%

19%

_10

Yates-American Machine Co

49% July

Jan

30%

10

Co

AUF*

Jun

15%

10

Service

W)

r

600

Corp

36

39 %

500

72%

*

Bankshares

Mar

29(4 Jan

Abbott

Allied

24%

common

Par

Apr

Sales

Range

Sale Price

5% May
167% Jun

Exchange

Week's

Last

May

Aluminium

1

Inc

Friday
STOCKS

Jun

24%

Jan

126

900

48%

49%

4%

100

35%

40%

$4.25 preferred

Woolworth

38%

10

Corp—;

Co

Wieboldt Stores

Wisconsin

900

10

Motor

Wisconsin

44%

_12y2

Union Telegraph

Westinghouse
White

43%

*

Walgreen Co
Western

San Francisco Slock

87%

43%

*

Works

Iron

Feb

5

Corp common

Dorn

70%

57/a

Z

High

580

20

(Unj__

Low

87%

1

Gypsum

Co

Rubber

o

(Un)

JULY

Range Since Jan. 1

84%

—10

(Del)

Shares

High

86

25

Inc

ENDED

for Week

of Prices

Low

•

Corp

FOR WEEK

Sales

229

20%

Jan

25

May

The Commercial and Financial Chronicle

..

Monday, July 5, ,1954

.

OUT-OF-TOWN MARKETS
RANGE FOR

Friday

(Cont.)

San Francisco Stock Exch.

saie Price

Par
Aluminium &

Kaiser

County

Leslie

Salt

39%
a58'/a

37%

40

2%
80%

2

803/4

43'A

-10

40
54

May

2

Jun

43

43%

2%

jftn

o>>si

39,8

Ian

Jan

49
9

oalA

Ian

411/.

420
7Q7/

1,000

Loew's

Inc

Corp

(Un)

Lyons-Magnus

■;

class

B

Richfield

39%

40

185

9%
32%

9%

250

87/«

Anr

9% July

34
14%

520

26%

Jan

36% Mar

200

al.30 al.30

15

So

Feb

\550

Feb

a23a23%

70

22

'Jan

23

Jun

lfi

Jan

21% May

/

56%

Jan

65%

'

14%

—

*

.,

__

50c
•
1

Oil

&

Co

•

(R H)

Marchant Calculators
Marine

ii—

Co

Meier

Menasco

Mfg
Co

&

20

1,614

64

65%

100
275

45%

49%

750

4ls/«

Anr

49%

•

Corp

Russ Bldg Co 6%

preferred

,

22%

22%

720

TR'A

Ian

24

i

Co

M J & M & M Cons

Inc

a42

52

14

14

211

3%

__

39%

41%

Apr

11V* Mar

2%

4

550

18

Jun

21%

Feb

50

07

jan

29 %

Feb

76c

15,826

73c

Jun

1.05

Jan

74c

74c

Jan

Montana

(Un)

Co

Power

Morrison-Knudaen
Auto

National

*

Gypsum

Fibres

a34% a34%

75

32%

Jan

36

946

56%

Jan

67%

36

35%

36

756

30

Feb

36

Jun

___1

14%

14%

14%

3,076

13"% May

18%

Jan

5

Inc

Products

17%

17%

560

17

31%

17%
31%

537

20%

Jan

20% Jan
31% Jun

5

5

500

41/2

jan

(Un)

(Un)

1
•

N Y Central RR

•

a21%

(Un)

a20% a21%

5%

Northern Pacific Railway

Occidental

Petroleum

Southern Co iUn)
Southern Pacific Co
Southern Railway Co (Un)
Sperry Com
Spiegel Inc common.—

Jun

Co

Oil

common

Oliver

Co

124

18%

Jan

30%

400

27%

Jan

30% July

33%

843

20%

Jan

35%

13%

13%

13%

100

12%

Jan

13% May

20%

20%

20%

760

20%

Jun

23

United

54

54

220

54

62

Mar

14%

14%

14%

100

13% May

16% May

Standard Oil Co (Indiana)

15c

15c

300

12c

18c

Standard

3%

3%

8,750

20

1

15c

Feb

26

Jun

July

Mar

42%

43

514

38%

•

62%

62

62%

300

60%

Feb

♦

A

31%

31%

31%

216

31%

Jan

32

Class B

19%

20

363

15% May

20

Products

Pacific

Can

Pacific

Coast

Inc

__

Pacific
6%

Gas

1st

•

common

Co

5

Aggregates

Pacific Finance

Corp

Jan

Electric

&

a21%

25

common

preferred

25

,

5"%

Jan

20

29%

Jun

6,391

39%

Jan

Oil

red

Pacific

Pacific
1st

preferred

Lighting

Corp

Petroleums

preferred

Pacific

Tel

Palmer

•

Co

Stendel

Pan American

(Un)

Oil

Airways

Philco

Corp

Petroleum

Pig'n Whistle

27%

Jun

28% Mar

Tri-Continental

35

33%

Feb

36%

Corp

124% 124%

__

28%

3%

32

Airlines

Ry Equipt

&

Realty

Ltd

Co

41%

Jun

May

27

575

21%

Jan

27%

884

14% May

15%

Apr

5c
5c
al7% al8%

4,500

7c

Mar

17% May

22%

Jan

a97% a99%

247

69%

Jan

92%

Jun

275

59% Mar

65%

Jun

Jun

64 %

65 %

1

49

-

37

50
107

23%

%
23%

130

40%

42'A

1,176

43% 437/8
43% 44%
a26a26%
a37% a37%

849

36

5c

Jan

12

Jan

38

47%

Jun

49 Ve May

Jan

28%

33%

t

20%

Apr

32%'Jan

887

44% May

35%

45%

Apr
Jun

Jan

38

Jan

44%

85

25%

Feb

40

32%

Jan

37

May

-

68

32%

Jan

34%

Apr

65

34%

34
34
all% all%
16%
17

32%

Jan

34%

Corp

551

Jan

14% Mar
17

Jan

45% Mar

41%

42%
57%

2,451
350

40%

Jan

57%

Jun

I

59%

60%

505

46%

Jan

61%

Apr

.

7%

7%

500

6% Mar

7%

Jan

33%

33%

236

59 %

61%

4,169

a77% a79%
85% 85%

140

81

658

72%

1

5

__

61%
__

85%

al7%
__

Rubber

30c

Mar

Universal

Jun

Utah-Idaho

Feb

Victor

505

15% Mar

18%

14

Jan

40%

Jun

23

Jan

18'A

18%

936

Apr

14

14

10

29%

Feb

r

la/

4%

ton

7/"

01/

16%

20%
14

11%

Jan

14% Mar

43 Vo

10

Jan
Feb

Jun

46

38 '/8 July

36%

38%

881

31%

Jan

66"%

194

58%

Jan

Jun

May

4

inn

37%
54%

700
210

41%

Jan

18%

19%

2,138

18%

Jun

23%

34%

34%

35%

4,584

25 %

Feb

36 %

Jun

__

16%

16%

205

13%

Feb

16%

Jun

21%

21%

21%

491

15%

Jan

21%

Jun

a86

a84%

a87

450

44

43%

45%

5,214

58%

58%

300

23

23

234

30

30

35%

35%

48%

49%

5

—_1

__

__

150

56%

Apr

64'A May

30%

1,049

23%

Jan

30%

71% Mar

83"%

Apr

Jun

Jnn

50% May

Jan

65%

Jun

21% May

24%

Apr

280

27 Va

Apr

32% May

1,783

29%

Jan

35%

39

46%

10

_

Consolidated

Sugar Co

•

49%

10

Oil

57

(Un)_

1,746

39%

Jan

49%

57

57

100

56%

Jan

66

2.65

2.65

500

2.60

Jan

10%

10%

583

16

5

16

270

5

__

Equipment

Co;

lO'A

1

Jun

135

a29% a29%
-

9%

26%

55

2991/2 2991/2

294
-

5

5

5

3,400

36%

36%

36%

386

10%

10%

54%

30%

32

37%

aJn

West Coast Llfe Insurance (Un)

Jun

19

172

17

Feb

20

Jan

84

25

82

Jun

92

11%

Feb

16

Jun

Jan

Jan

29%
308

Apr
Jan

»

5% Mar

37%

464

26%i

Jan

11%

11"%

250

8%

Jan

&

Western Dept Stores

.5

(Un)

XSKSSXTi. w? mnP tD°'
Woolworth (F w)

__

10

a40%

"ft

(Un)

Jan

11

Jun

36 % May

41

Jun

50% Mar

74%

Jun

v

40

45

Feb

*

Jan

*

*19% July

1

43

325

5%

5%

140

19%

19%

20

43

9%

*

37% Jun
11% July

-

Yellow Cab
Preferred

Co

—

1

common

__

25

,

May

19%

5

Apr

18%

Apr

6%

TOR WEEK ENDED JULY 2
Friday

Exchange

Last

Par

Class

Range

High

Low

21%

22%

7,191

16%

Jan

23%

Jun

24.95

25

1,377

24%

Jun

26%

Feb

a7%

a7%

25

•

21

20%

21

42

42

44%

285

•

g2%

61%

63

5,460

preferred—25

25 %

25%

25%

555

100

107

106%

107

125

410

6% Mar
17%

Feb

8% May

Brit

21

July

48%

48%

48%

800

40%

Jan

49

25%

25%

25%

105

19

Jan

25%

43%

43 %

43%

6,196

39%

Jan

43%

Jun

-8%

7%

8%

13,029

6%

Jan

9%

Apr

25 %

24%

25%

3,035

20%

Elec

Anglo Canadian Tel Co 4%%
Argus Corp Ltd common
Asbestos

Assoc
Atlas

Tel

Corp
&

Steels

50

48% May

British

63%

Jun

British

Feb

26

Apr

Bruck..Mills

Feb

108

Apr

Jar\

104

52%

53 %

46%

47

155

39%

17

16%

17

1,370

12%

•

27%

27%

29'

2,150

91%

91 %

35

12

12 %

435

__

50

common

Teleg class A

___•

Ltd

•

Columbia

Orders handled

__

155

48%

24%

Jan

53% May

Jan

47

Jun

Jan

31

May

90

Jun

92

May

10%

Feb

16% Feb

Canadian Stock

Excbanges
through our Canadian
affiliate which has a
direct

from

private wire

coast to coast.

Bulolo

Ltd

class

A_

1

Gold

7Ve 1

—*

•

Dredging

Feb

*r-92%
53%

<4,580

5%

J8n

22%

1,195

17%

Jan

23%

41

935

35%

Jan

41%

a8%

a8%

50

6%

Jun

11

_J

4.10

4.10

100

4.00

Feb

vA—

40%

42

580

35%

Jan

6.00

6.00

150

105

105

275

5

5.60

Jun

5.00
42

Canada

$1.30
Canada

Cement common

—*

i

7.25

30 Broad Street

Northern

Power
1st

Steamship
preferred

31

31

31 Va

f

22

21%

22

%

12%

Corp

*

105

.

Co., Inc.

Tel: HAnover 2-9250

Jan

Jun

Feb

85%

Feb

108%

Jun

28%

Feb

31%

Jun

19 %

Jan

22% May

105

10%

Feb

85

100%

Jan

496

i

23

23

23

Jun

12%
104

13

13

127

12 V8

ADr

13%

•

£26%

26

26%

3,910

21%

Jan

26%

*

t

33

34

80

Car

20

Class

&

—

common

Celanese

16% Mar

21%

Jun

19

23

Jun

&

20

22

21%

22

1,620

fl9%

19%

19%

915

18

May

24% Mar

<31%

31%

32

485

29

Mar

33 % Mar

7%

7%

200

7

15% al5%

25

15

Feb

19

Jan

16

360

12%

Jan

17

Mar

al05

10

Jan

105

May

26%

2,712

25

—

Chemical

|

|

Cellulose

•

7%

Canadian

Locomotive

*

r

Oil

•

tv

Companies

preferred

Canadian

Jan

1,700

19%

•

common

series

Canadian

Jun

36

•

Canadian
5%

Jun

31% May

20

Foundry

A

Canadian
$1.75

50

Jun

May

28% May

Bronze

common

Jun

600

Breweries

Canadian

NEW YORK

Jun
Jan

557

23

12

-100

common

Jan

103% 103%

—»

preferred

100%

Canadian

Teletype: NYl-1979

Jun

243

107 108%

£

10

Foundries

Safeway

105

20

preferred
Iron

__

|

Canadian

W. C. Pitfield &

Jun

7% July

7%

22 %

A

Jun

102%'May

40%

*

Calgary Power preferred

Consol

100

Pacific

Railway

Petrofina

Ltd

Farm

Mining

£105
-$5%

10

aj.9%

16

^105
25%

\

Jan

9Vb

27%

Jan

Jun

650

12

Jan

22% May

755

17 %

Jan

27

Jun

11%

Jan

^25%

t7%

7%

8

625

*

Smelting

20%

May

26

•

Eauipment

100

Mar

al9 al9%

25%

1' -28

27%

28 %

3,585

•

&

a
__

25

pfd

Vickers

page 45.




Jan

%2 %
'. 41

25

Products

Cockshutt

see

Jan

48%

£7%

•

B

Canadian

For footnotes

91 %

260

92%

Jun

26% May

Canadian

all
all

81%

"75

;52%

52%

Jun

Jun

17

Jan

5 %

on

50

101

52%

92%

y

-7

Power

Jan..

100%

1'

red pfd__100
.100

__j.

Columbia Telephone

Class

Canada

Canadian securities.

-

100

Canada

on

cum

*
•

common

Co 4%

Canada

Fast quotations

Oil

British Columbia Forest Products

39% Mar

*

pfd

Light & Power

C R preferred

Building

Anglo Can Pulp & Paper pfd

class

Paper

preferred

46

23%

High

A—•
25

&

Traction

Col

Low

High

•

Power

American

4%%
5%

Range Since Jan. 1

Low

Telephone

British

Shares

-

•

;

High

for Week

■n

B

Brazilian

25

Ltd

preferred

Range Since Jan. 1

22%

*

Steel

2nd

Low

Bell

•

A

5%%

for Week

Shares

Class

25

common

Aluminum Co of Can 4%

Bathurst

of Prices

Range

Sale Price

Sales

Sales

Week's
of Prices

Last

STOCKS

Par

Week's

Sale Price

j'

51

a40% a40%

~

10

630

40% May

952

25c

Telegraph

Jari

27

Jan

37%

__

11%

19

84

Friday
STOCKS

i

Feb

Jan

Jun

3%

i

Jun
Apr

2.85

Feb

14

1

Jun

54% May

a55% a56%

73% May

19%

2

Washington Water Power
*
Wells *'al'g0 Bank & U T
100
Westales Petroleum preferred (Un)__il

Anr

gg3A Mav
Anr

Apr

—

10

Warner Bros Pictures (Un)

34% May

co

a__

13

48a1

12%
13
a46% a46%

38%

16% Mar

100

*

14% May

475

265

i

Jun

37%

25

u s Steel Corp common

Jun

1,600

Mar

420

5

12%

4

81

90

312

a__

66%

7.50

(Un)

32

33%

64% May

Jan

19%

__

__

72

34% May

Jan
Mar

19%

18%

__

28% Jan
52%

al7% al7%
40%
40%

__

5
___25

Canadian Funds

Algoma

-

Mar

15% Jan

57%

1
10

(Un)

Jan

111

Montreal Stock

Aluminium

:

Apr

8%

67

.1

OS

Gas

Feb

Jan

RANGE

Sugar

'

26% Mar

CANADIAN MARKETS

Acadia-Atlantic

;
?

41%

5

(Un)

9%

40

37

19

Rayonler Inc common
Raytheon Mfg Co (Un)

Corp

27%

21c

100

100

Abltlbi Power & Paper common
$1.50 preferred

.

Jun

15%

;

•

United

Jun

3

30%

(Un)

Preferred

46

57%
60%
7%

__5

Inc

137

3%

54%

com____*

4%

Jun

16%

a59% a61%

__

•

Jun

37% Mar,

15%

3

a56%

105%

World

1,228

9,500

,

33%

3%
a60

3%

u-

16

__

•

Jun

40

__

•

Jan

28%

15%

16
__

__7.50
*

Jan

138%

1,085

3%
25c

plO

114%

5

12%

__

28% Mar
126% May

114

29%

3%

12% Mar

Jan

1,176

al44%al44%

__

32

(Un)

of America

Jun

Jan
Mar

38%

36%

(Un)
•
Union Oil Co of California common__25
United Aircraft Corp (Un)
5
United Air Lines Inc
10

Apr

Jun

7

26%

Trans

Western Union

Radio

17

Union Carbide & Carbon

20

24c

(Un)

Co

923

2,425

3

prior pfd

Pullman

Inc

28%

11%

Pulp & Timber

Oil

Jun

2,720

•

Puget Sound
Pure

27

25c

Co

conv

724

11%

;

Philippine Long Dist Tel Co__
Phillips

28%

27%

35%

36% Mar

8

12%

(Un)

__

1

Texas Company (Un)
Tide Water Associated Oil
Transamerica Corp

33
Mar
28% Mar

a29

50
33%o

Phelps Dodge Corn (Un)

Jun

Jan

35%

1

Pennsylvania RR Co (Un)
Pepsi
Cola
Co
(Un)

__

?

(Un)

Jan

1

(Un)

(Un)

Co

28

__

__

McKee

33%

10c

World

—

1

"30%

7%

♦

Paramount Pictures Corp

Feb

9%

27

a46 % a4

_16

271

a29

100

Motor

Apr

15%

__

25

J—

1,000

7%

___4

N

35%

a29

100

Corp

of

32%

*

common

Oil

Jan

40

135"

Apr

44

Oil

(Un)

California

32%

1

common

Ltd

—;

Western

Packard

25

—___

Tel

&

Preferred
Pacific

A

ser

-

31%

.

of

Co

35%

28%

5%

43%

43%

—

25

Jan

931

—

5%

14%

6%

6%

43%

25

1st preferred
red preferred

33

—

2

Super Mold Corp
Swift & Co (Un)_
Sylvania Electric Products

18% May
22
May
6% Jun

Jan

a30% a30%

__

5%%

14%

109

a21% a21%

—

10

345

17%

17

__

5

(Un)

160

__

1

Studebaker Corp (Un)
Sunray Oil Corp (Un)

Jun

♦

Jan

Brands Inc

Sunset

Pabco

1,224

__

_•
.

Stanley Warner Corp (Un)
Sterling Drug Inc (Un)

Apr

__

3%

Jan

Standard

3% Feb
43% May
62% July

__

12

(Un)

Filters class

35

"*

Mar

100

(Un)

45%

38%

__

8
•

30

1

Edison

45%

38%

34%

33%

Oceanic Oil Co
Ohio

MA

SJi

—

42%
44

33%

Corp

Ohio

Feb

Jan

40%

class A

(Un)

Standard

(Un)

Jun

37

Jun

Apr
57% May

Feb

33%

8%

23%

Corp

1

Oahu Sugar Co Ltd (Un)

52%

390

160

•

Oil

30%

com

preferred

505

34

—.

•

•

(Un)

Investment

52%

Apr

7.50
2

25

American

327/e

131%

Mi

1

1

Niagara Mohawk Power
North American Aviation

6%

__

May

Jan

10

Southern Calif Gas Co pfd series A__25
6% preferred (Un»___
.25
Southern Calif Petroleum
2

Jun

10

40% May

26

20

Socony-Vacuum Oil (Un)—;
15
Southern Calif Edison Co com (Un)—•
Cumulative preferred 4.32%
25
Conv preferred 4.48%
25

Apr

67%

25

33% July

^

22% Mar

Jan

64%

__

Watomas Company Co

North

20%

84

67%

(Un)

Co

Distillers

National

a21% a21%

„

•

;

Montgomery Ward & Co.

National

5

15% May

949

38

_•

Shell Oil Co
Signal Oil & Gas Co
Sinclair

Montana-Dakota Utilities

43

1,918

135

al8%

Shasta Water Co (Un)

Jun

1,628

59% May

52%

15%

Sears Roebuck & Co

18% May

Jan

38

10
—5
10

Scott Paper Co

Feb

Jan

48 %

135

San Mauricio Mining
P.10
Schenley Industries common (Un)_1.40

14 'A Mav

4
18%

18

__

10c

.

a29% a29%

4
—

10

(Un)

a41%

a42

High

15

177

—

8

Joseph

Low

102

__

10

Lead
(Un)
St Regis Paper Co (Un)_i
San Diego Gas & Elec

Mav

—

1
16%c

(Un)___

Utilities

St

Range Since Jan. 1

33%

—

—

100

S and W Fine Food. Inc

•

Jutv

22%

Inc (Unj____„18
Inc—_
10

Co

Inc

South

23%

49%

•

(Un)

23'A

Jun

—5

Corp

Robbins

&

Merck

Middle

19%

65%

1

Chemical

Frank

&

20

*

(Glenn)

Mathieson

Matson Navigation Co

McKesson

.8

(Un)____

Bancorporation

Martin

f—

34
32%

1

Safeway Stores Inc
Macy

—

10

Shares

of Prices
L™ High

al8% al8%
57% 57%
a21% a21%
33% 35%
32% 32%

__

57%

Riverside Cement Co class A (Un)___25
Roos Bros
«—
1

Jun

9%
34

7
1
*.

Aircraft

Jan
jun

'Mav
y

—

'

Libby McNeUl & Libby
Lockheed

Par

,

Remington Rand (Un)
Republic Steel Corp (Un)
Reserve Oil & Gas Co
Reynolds Tobacco class B (Un)
Rheem Manufacturing Co

July

Tan

1,690

2

2.50

Land

Co

Tan

47

135

'

High

-

9fi5/«

1,727

—

'

Sales
for Week

Range

Sale Price

Range^Since Jan. 1
Low

a55% a58%

•

<Un)

Shares

High

1

Corp

Kennecott Copper Corp

Kern

1

——

Motors

Low

—50

Corp

Chem

Preferred

of Prices

Week's

Last

STOCKS

STOCKS

Kaiser

WEEK ENDED JULY 2

7% Mar

217/8

Feb

29% May

Number 5339

Volume 180

.

The Commercial and Financial Chronicle

.

.

\

•

(89)

—

CANADIAN MARKETS
RANGE

Friday
STOCKS

Last

Sale Price

of

Par

Textile

Consolidated

Corbys

class

Seagrams

Dominion

Bridge

Dominion

Coal

Dominion Corsets

preferred

1%

Steel

&

Stores

&

7%
Dow

Jun

United

32%

15 ¥4. Apr

18-

12%

12%:

400

a5% '

500

17%

:

Apr

6%

Jun

:

Nova

IV4 Jan

8%

Jan

233/4

Jan

12

12

350

58%

59%

1,627

50

Jan

60 3/4

Jun'

42 ¥2

145

35

Jan

46

Jun

100

.

101

101

101

55

96

Jan

101%

pfd

102

102

102

2

97 ¥2

Jan

102 ¥2 May

Feb

; 10,

Jun,

25

25 ¥4

common

"I II25

■;»

¥4,

253/4

55

28%' 28%

25

20 ¥2

26 ¥2

Jan

28.

Jun

29 ¥a May

Mar

Apr

Jan

2,880

6¥s

Feb

8

142

46 ¥4

21

22

1,680

15 ¥4

Jan

22

46 ¥4

2,575

453/4

46

575

46%

46%

50

'

313/4

32

986

25

1,928

18 ¥2

Jan

253/4 May

38%

38

38%

1,330

44 ¥2

44 ¥2

46 ¥4

3,165

3.05

3.05

3.30

6,350

.10'
.10

31%

.10

Royal

July

25

.10

i

443/4
7

45%"

-10

Commerce

Apr

22

Jan

.10

Oanadienne

25

140

1

Scotia

Toronto:

Mar

•

65

12

Jun

13% May

Apt

11 ¥a

Banks-

Montreal

20 ¥2

140 ¥4 H

395

150

Jan

42%

•

Limited

Jun

•

100
:

Ltd

12 ¥4 1al2¥a

Jun

3.45 Mar

2.59 Jan

131

100

—

preferred '

253/4

"895
*

Zellers

13% May

23 ¥4. 23%

6$

Jan

Jan

18 ¥2

1,590

6¥a

82

Jun

17%

Jan

500

138

58%

~

—

5%

3.15

33

Jan

:'H2

*
•

common..

preferred

Winnipeg Electric

May.'

15

45.

93/4 Mar

*

Cotton

(Geo)

a

1,114

138

12 ¥2

High

Low

32%

23

Feb

103

-8%

8%

8%,
6%

common

5% May
17

Jan

15%

185

4

4 ¥2 %

■" Jan

35%

5,785 "

a24V2 a24%

.123 ¥2

r_

100

40

■(°17%: 17%
1
11%
|2

11%

*

13%

515

2,635

a

Range Since Jan. 1

High

3.00

138

Corp

Walker Gooderham & Works

19 y4 May

Feb

103

v

Wabasso

"—100

pfd

Shares

32

— —,

Steel

Weston

Feb

41 %

103
40 ¥2

•

5

Oils

Feb

Apr

16

Jun

May

8 ¥2

12 3/4 Mar

26

15

103

1

96

al5¥a al51

*

'

Ltd

Bros

Brewery

14

27% Mar

20

preferred

Donohue

Jun

Jan

275

100

Coal

Textile

Dominion

14 ¥4

10.*"

Triad

Jun

4,131

Ltd

preferred

Jan

125

30

5,145

Dominion Tar & Chemical common...*
Red

loy*

13%

Feb

32 ¥2

•

Tuckett Tobacco 7%

25

7.

com

,—

Steel

Ltd

Stores

35

17

common

Dominion

Thrift

fog Week

Low

•

Sales

Range
of Prices

Par

3,580

28%

35

.

Last

-

,

=29

7

*

—

Glass

Dominion

.

Jan

14 ¥4

17

t*

'

Preferred

8 ¥»

29 %

i

common

Foundries

Dominion
Dominion

High

Jan

*
:

preferred

5Vc

6

2

pfd_

_—

Dairies

Dominion

185

25

common

6%

Week's

Friday
Sale Price

13%

.

Distillers

2

13 ¥2

14

A

Class B

JULY

Range Since Jan; 1

Low,,

6?/2

29'

Glass

Consumers

ENDED

STOCKS

Shares

High

.

6 ¥2

WEEK

for Week

Prices

Low

Mills

FOR

Sales

Week^s
Range

Rights

..

'

—

36

Jan

42 y8

Jan

„

46 y4 July
'Jun

47

41 ¥2 Mar

46%

Jun

27 ¥2

32

Jun

Jan

Jan
Jan
3.05 July

33

37 ¥2

38% July
46 3/4

Jun

3.05 July

i

_20

Electrolux
Enamel

200

9¥a Mar

*

100

7

Corp

&

Famous

60

1

Eddy Paper Co class A pfd
Heating

Products

Canadian Corp
Foundation Co of Canada common
Ltd

Co's

Power

11 ¥4

Apr

8

Feb

24 ¥2

Jun

Canadian Stock Exchange

1,006

19 ¥2

Jan

•

17

860

12%

Jan

18 3/4 May

•

preferred

Gatlneau

253/a May

237/8
19%

2,830

15%

Jan

20

Jun

"Jan

103

May

Jan

25

Jun

common

4% %

Jan

"Jun

1

Players

Frncer

23

5

100

101

Canadian

5%

preferred

5 ¥2%

Bakeries Ltd

General
General

*

3

Dynamics
Motors

General

5%

/*

preferred
pfd inc 1957
Lime & Alabastine

100
50
•

Goodyear Tire 4%
Gypsum

Smith

Howard

.

Jan

110 ¥2
112

63/8

6%

700

49 ¥2

49 ¥2

5i¥4

1,180

70 ¥4

70%

279

10%

HI

993

101

101

35

a52

a52

10

•

10 ¥2

39;

40 ¥2

59

Jan

71

Jun

Arcan

10 Vi

Jun

16 ¥2

100

Jan

48 ¥2

Feb

105
!

Corp Ltd

41

3,440 "

193/4

Jan

180

44 ¥2

Jan

50 ¥2

38

Jan

1,780

Bickle-Seagrave
Company

$5 conv

25 Ve July

Canada

Canada

11

Jun

t-an

25 ¥2

Jun

Jan

7 ¥2

Apr

6.45

Jun

7,479

28 ¥8

Jan

9%

93/a

93/4

5,605

9 ¥4

25

253/8

425

2J'/4

6%

6%

•6 ¥8

1,057

8.00

Acceptance

Industrial
$4.25

Corp

common..*

$5.00

43%

34¥2

3,685

Jan

sa90

26

84

Jan

104

'104

20

943/4

Feb

43%

50

44

400

30

43%

433/4

40

preferred

6

a90

100
100

preferred
preferred

$1.50

43 "V'.44

Feb

44

43 ¥2

46

International
Intl

Nickel

7%

Powders

Bronze

Canada

of

Petroleum

International

7%

5%

34 ¥2

Jan

47

Ltd

Marconi
Western

Lumber

Pipe

Interprovincial

16

Jan

423/4

Jun

Canadian Westinghouse Company

128 3/4

Feb

135 ¥2

Jun

Catelli

133

$.134

130

73%

70

•*3%

2,290

21%

21 ¥4

21 %

Lake

of

Woods

the

Lewis

Shops

Acceptance

17

28%

273/4

28 ¥4

15 ¥2

al^3/,

Class

B

—

'610

32 ¥4

34 ¥2

16

?il6

—__

com

_5
•

*

Ltd

Mills

Flour

a,-

common

Powell

River

Feb

17 ¥2
..

7%

26%

225

9%

Jun

Jan. t%./:22 ¥4 July
93/4 May
Jan

Jan

15

Apr

37

Jun
16 ¥4 Mar

23 ¥2

Jan

26

May

;26

243

23

Feb

26

May

500

15 ¥4

Jan

16 3/4

17%

IW2

1,120

102 ¥2

101 ¥2

lp3

740

*26

1,604

—

16 3/4 May

July

9 ¥4

100

Feb

12

May

13 %

100

12

Jan

13 ¥2 May

25%

1,145

25

Feb

26 3/4 May

760

58

Feb

75

2534
73 ¥2

72

32

32%

•

T

30 ¥4 Mar

110

'42

28¥4

29%

34%

74 ¥2

Apr

47 ¥2

Jan

24

225

34 ¥4

May

Apr
Mar

293/4

Apr

60

85

42

29

33

•" I

40

100

%7

34%

3,230

„

Jun
•

32%

66

67

*•

May

103

11%

25 ¥2

•
__

18

Jun

100

13%

—

—

Company

Jan

11%

——

'

1

common

Development

Placer

4.25 May

8

-3,125,

'

Feb

14 ¥2 May

Jan

f|16

♦

Penmans

»

14 ¥2

Jan

1.75

15 ¥2

Tubes

Page-Hersey

,

14 ¥4 Mar

10%

22,760

.

Apr

25 ¥2

•
•

32

253/4

5

—

*

Ogilvle

Jun

17 ¥2

& Chemical

Mines

27 ¥2

16

—100

26 ¥4

35

Feb

Jan

34% May

Jan

40

May

39

39

39%

913

39

37¥4

'39

3,380

31 ¥2

Jan

39

Jun

•

16

16

880

13 ¥4

Jan

16

Apr

*

Power Corp

25%

25 ¥2

550

22

Jan

26

July

250

23

Jan

38

May

540

10 ¥2

Jun

30

98 ¥2

Jan

of Canada•

•

■-»

1

Price

,

Quebec

common

TransDort

Provincial

i

Ltd

Co

Bros

Power
*

Rolland
•

,

Paper

Royalite

?43/4

10%

10%

.|6

3434

_•

common

_

Co Ltd

Oil

10%

Saguenay

Series

Class

7%

13 ¥2

Feb

51c

Williams

Sons

preferred

Simpsons

52

2,040

373/4

Jan

47%

5,077

39

Jan

48

865

44 ¥4

Feb

50

May

25

50

Apr

53%

*
100

25

Jan

35

May

al45

25

130 ¥4 Mar

145

May

28%

20

com

—

Southam

Canada

Jan

283/4 July

Feb

75

24

28

Ltd

com

Div Standard

sec

15

May

17

May

91

Jan

98

Jun

193/4

185

100 100 ¥2

5.00

19

325

5.00

88

Jan

4.90 Mar

Jan

17

102

May

5.25

Feb

193/4 Apr

19%

925

60

60

25

60

Jun

60

60

60

25

57

Feb

60

July

63 ¥2

63 ¥2

63 ¥2

50

51 ¥2

Jan

66

Jun

26 ¥2

Jun

19%

26

200

50%" 52%

4,540

26

al76

5

al76

Jan

53 ¥2

233A Jan
Jan

35

Feb

162

10 ¥2 May

52 ¥2
177
11 ¥2

al2

140

85

85

70

a4.25

a4.25

4

4%

Jun

5%

10 ¥2

10 ¥2

100

10 ¥4

Apr

12 ¥4

68 ¥2

68 ¥2

120

62

Apr

70

17

17 ¥2

25

13

Mar

40

20

al2

85

*

17 ¥2

all ¥2

Jan

82

30

30

•

a3.65

a3.65

20

*

9

100

6%

a70c

a75c

59

Ltd

Corp

a22

a22

8

49

50

2,710

Zellerbach

46 ¥4

47 ¥4

22 ¥2

9

*
•

50

5

Corp

Dominion Engineering
Dominion

Works—
Magnesium Ltd

Dominion

Oilcloth

Linoleum

<fe

86

Jun
Jun

Jun
May

Feb

Fleet
Ford

Steel

Structural

6%

of

Co

red

class A

Can

Sec

Power

Ltd

Ltd

Manufacturing
Motor

Foreign

Ltd com

Corp

preferred—

Great Lakes PaDer Co Ltd com

Paper Co Ltd

& Dauch

Hinde

Securities

Hydro-Electric

Groceteria

Loblaw

Corp

pfd

conv

Co

Refrig &

Mount

Ltd

Royal Rice

Ltd

common

Ltd

com

Newfoundland Lt & Pow Co Ltd
Northern Quebec Power

Pressed

pfd

Canada 6%

Power Corp of

America

of

Metals

Jan

47 ¥4

25 ¥2

—

Jun

Jan

235

20

Apr

14

400

12

Mar

14

May

305

27% Jan

36

May

70

70

50

66

Jan

75

May

♦

41

41

50

21

Feb

41

Jun

*
•

•

*

*

*

*
*

Power

/jan

2.20 May

1.80

1.75

1.80

900

863/4

90 3/8

1,239

1.10

1.10

100

60c

Jun

32

32

102

25 Vb

Feb

33

25

253/4

1,700

19

Jan

26% May

31

Feb

45

25 ¥2

45
——

45

45

50

a5.50

a5.50

52

al2-

25

al2

10

a52¥2 a52¥2
56

55 ¥t

250

56

62

63

a95

a95

30

53/4

63

53/4

400

1,025

63% Jan

4.10

9

Jan
Jan

100
1.15

Apr
Jun

Jun

July

5.25 May

13

Jun

52

Feb

53

Mar

433/4

Feb

56

July

54%

Jan

63

Jun

88

Apr

94

Jun

5 ¥2 May

93/s

Apr

9 ¥4 Mar

7%

28%

7%

300

7

Jun

36

36 ¥2

1,580

28

Jan

37

a35

36 ¥2

a35

2

38

Jun

40

May

283A

495

243/4

Jan

30

May

28 ¥2
al2

al2

25

*
10
5o

10%

10 ¥4

1,500

25 ¥2

253/4

490

a51 a51 ¥4

27

253/4
a51

all4

15 1

all4

10%

all4

10 ¥4

31 ¥2

5

6%

1.20

903/a

*
100

—*
pfd—100
Screw Co Ltd class A___
*
Canada

34

34

Ltd

Industries

543

Jan

May

22 ¥2

1st pfd__100
Inc
1

Quebec Telephone Corp common

Southern

50

*

Mills Ltd

Co

National Grocers

Jan

14

•

Co

Storage

Corporation

a—

40%

323/4

Co

Moore

Jun

75c

14

Mexican

Montreal

—

Apr

9 ¥2

33

•

Ltd
—*
Light & Power Co Ltd com..*
Preferred
—*
Minnesota & Ontario Paper Co
5
Paper

a__

Jun

3.75

•

.50

class B

Ltd

MacLaren Power & Paper

Mersey

Jan

75c

30

*

Ltd cl A—*

(Can)

International Paints

Iny Foundation 6%

Feb I
Jan

Feb
May

17% July

*

Dominion Square Corp
Dominion

Apr

3.35

9

*
PaDer

Stowell

Toronto Iron Works Ltd class A
Traders Finance
4

class A

conv pfd_
preferred——
Pipe Line

redeemable

¥2%

5%

Corp

red

100

1,463

33

Jun

12

Jan

13

Feb

10 ¥4

Jun

10 ¥4

Jun

22

Jan

253/4

Jun

50%

Apr

52 ¥2 May

110 ¥2 Mar
10 ¥4

13%

114

Jun

10 ¥4

Feb

33

Jun

193/4

Jun

Jun

May
Feb

330

15

135

135

138

50

124

Jan

138

Jun

18

18

18

25

18

July

19

May

a__

al5

al5 al5¥»

335/s
39%

110

36

Union

Gas

United

of

Canada Ltd

Amusement Corp Ltd class

3,301

21% May

29

55

Jan

34

Jan

40

Apr

Vanadium-Alloys

Mar

36

Jun

Waterman

32 ¥2

29

B

Steel

Pen Co Ltd
Products Ltd
Canada

Mining

(L E)

Breweries

Stocks—

Ltd

50

39

1,310

99 ¥2

50

a22

—

Jun

99 ¥2

July

Jun

42 ¥2

Jan

30

May

125

33 ¥4

Jan

42

May

136

11

Jun

11 ¥2

Jun

13

Feb

14 ¥2

July

25 ¥4

24 ¥4

25 ¥4

•
A—'"

40

40

40

11

11

11

14%

14 ¥2

450

2,450

TORONTO

STOCK

53/4 Mar

7

Ameranium

Mines Ltd.

Apr

53/4

200
175

9¥s

Jun

10 ¥2

21

20

20%

Jan

23

Mar

a21

21

5

6
10 ¥4

21

a21

5

17 ¥2

Jan

22

Jun

2.85 Mar

5.70

3.70

3.65

3.70

1,500

1

MONTREAL

Jan

10%

1

STOCK EXCHANGE
STOCK EXCHANGE

CANADIAN

*
*
*

—

40¥2

20

42%

•

14%

a__

Jan

99 ¥2 July

32%
40%

795

42" 42 ¥4

40

1

HART

&

a22

38 ¥2
99 ¥2

39

May

United Corporations class

Westeel

SAVARD

*
•
100

*

Trans Mountain Oil

14% Mar

2,193

MEMBERS:

A

Preferred

Western

Steel Co of Canada common

100 ¥2

May

10

*
*

Power

23 ¥2

Jun

30

•

Co

Southern

—*
com......—_*
—
100
*

133/4 May

May

49%

300

±

common

trust ctfs
&

Jun

52 ¥2 July

——_—•

Canada

of

Breweries

(H)

103

——50

preferred

Voting
Simon

50

4 ¥2%

B

Sherwin
Sicks'

nreferred

4%

A

Enterprises

Consolidated

Russell

Power 4 ¥4% pfd
100
St Lawrence Corp common—
*
Shawinigan Water & Power common—*

Jan

Jun

26

National Steel Car

Noranda

21 ¥4 July

26

A

Preferred

i

17

Jan

2,220

73/4

-—_

Drug

Feb'

80

'

National

15 ¥2

700

32%

Co common
preferred

4%%

3.75

21%- 22 ¥4

22 ¥a

&

Morgan

3.60

a9¥s

Locomotive

Montreal

Jun

Jan

17

325

Oil

Breweries class

Molson

35

27% May

35

13%, 13 ¥2

a

7¥a

(Robtt

Mitchell

Consolidated

30¥4 Mar

455

Bloedel Exports class B_

Frontenac

Combined

Jun

2,170

Massey-Harris-Ferguson
McColl

Jun

333/8

200

2l ¥4

3.60

8%

*

21 ¥2

285

3,790

17

13%

11,650

Ltd-*

A

class

B

95

Mar

28¥2 Mar

Ltd

Products

Claude Neon General Adver class B

Apr

Crown

i—..—*

Ltd
&

35

25 ¥2

./•

Food

Class

73% July
263/4

78

26

20

*

A

Jan
Jan

1

,_3

c.ass

54

985

21 ¥4

—

Bros

,692
333/8

•

Warrants

MacMillan

a91

Mar

19

655

32%

*

com

common

Candy

Secord

Laura

Laurentide

Ltd

(John)

Limited

•

•

Service

Public

Jamaica
Laoatt

5

Lines

13

.

Apr

25

123/8

I

Co

34 Va

34 3/4

12%

*

Co

Canadian

May

15 ¥2

25%

Jun

100

55

25

Jan

16 ¥2

*

com

preferred

5,833

*

Preferred

1.00

Jan

•

15 ¥2

International Utilities Corp common__5

Jun

13 ¥2

1

Trust

Inv

Feb

30c

300

100

Canadian

433/4 July

Jan

Intl

13

80

16

*

com

preferred

Canadian

Jun

Ltd

Industries

Canadian

,425/8

'32 ¥2

Jun

alOc

•

41

*

10 ¥2

Apr

2.60 Mar

16

•

15 ¥2

Power

May

alOc

*

Ltd

41%

Ltd

Co

•

7.50

common

400

75c

5

Sugar

Co

Co Ltd

Dredge & Dock Co Ltd
Canadian Gen Investments Ltd

87% May

39

Dominion

Malting
Starch

15 ¥2

100

Paper

International

10%

31% May
10

16

__1

Ltd-

Co

*

preferred

International

A

25

6%

common

500

7 3A

1

cl
-

.

preferred

*2.00

85c

Jan
Jan

25

*
*

Canadian

May

104

common

Hosiery

&

Canada

25
£1

10Q

1st preferred

Butterfly

Apr
Jan

250

33 ¥4

preferred

645

2,480

•

Ltd

Packers

Columbia

May

'6.55

preferred

preferred

7%

Ltd

British

Apr

36

6.50

32%

6%

30
9 ¥2

47 Va May

6.50

4%

*

Belding-Corticelli

Jun

52 ¥4 May

23%

Jan

32%

,

High

Low

30

10%

9 ¥2

9%
85c

30

*
-5

Paper
Co

Development

Brown

32 3/4

1

Oil

&

Range Since Jan. 1

High

Jan

1,600

453/4' 463/4

46%

523/8 May

Anglo-Nfld

50 ¥a

50

Anglo-Canadian Pulp

6 ¥2 May

Feb
Jan

4<J%

24 ¥2'

25

5 ¥2
35

Oil Ltd
•
Imperial Tobacco of Canada common.5

Husky
Imperial

Shares

Low

Par

Sales
for Week

of Prices

Jun

6 ¥2

Sale Price

Apr

Jan

50

•

Mining

Bay

104

110

*

Paper common

$2.00 preferred
Hudson

5
5

5

_i_

General Steel Wares common

203/4

all2

allO¥4alljJ¥4

100

—:

970

all2

100

preferred

24¥2

24%

24%

Range

Last

STOCKS

•

common

Funds

Week's

Friday

6.95

6.20

6.95

500

4.20

1

18c

18c

18c

500

10%c

Jan

31c

16c

Mar

22c

Apr

Apr

July

6.95 July

Jan
Jan

Branch:

62

QUEBEC

Cor

-

footnotes

William

St., New

TROIS-RIVIERES

see

page




45

-

Mines

Phillips

Office:

-

1,000

2.52

Feb

3.80

Jan

2c

2c

1,500

U/2C

Jan

2¥2c

Apr

Mar

He

Jan

13¥2c Jun

35c

Feb

1

Square

CHICOUTIMI

7c
—

7c

7c

7,500

14c

15c

7,500
6,000

1

6c

5c

6c

1

|

p

7,500

2.75

1

4.40

4.00

4.40

600

40c

45c

52,900

1

York City, HAnover 2-0575

SHERBROOKE

20c

2.73

Ltd.

PL-9501

1203

Branch

Lead

St. West, Montreal

Telephone
Local

Anacon

18c

•
0

230 Notre Dame

.1

EXCHANGE

-

ST. JOHNS, P. Q

*

Bouscadillac

Gold

Mines Ltd—

4,300

2.15

2.05

2.05
lie

13C

1

3%c

3%C

3%c

7.500

1

10.25

9.75

10.25

1,400

1

'•

17,000

6c

2%c

Jun

2.90 May

31c

Feb

2.00 May

6c

Jan

5.50

Jun

60c

2.80

Feb
Jan

5c

Feb

14c

Mar

23/4c

Apr

8c

Jan

Apr

123/4

Jan

9

42

(90)

The Commercial and Financial Chronicle

Monday, July 5, 1954

...

CANADIAN MARKETS
■

•

\

RANGE FOR

Canadian Stock Exchange (Cont.)

Friday

Week's

Last

stocks

Calumet
'

Uranium

Mines

Ltd

Range

Canadian Collieries

Carnegie
Cassiar
Celta

Mines

(Dunsmuir)

Chemical

Research

Chibougamau
Chimo

Gold

•

Co Ltd

Corp

—

Explorers
Mines

Consolidated

44c

30 %C

Candego

Consolidated

Mosher Mines
Cournor Mining Co Ltd

1

Ltd

Mines

Sullivan

Eastern

__2

Fab

Frobisher

1

100

10c

11c

18,000

1.05

5%c

45c

Jan

Jun

Apr
Jan

Par

Abitibi Power
$1.50

5 Vic

10c

2.43

Feb

1.60

5c

1.21
8c

Class

Preferred

14

Jan

16%

Jun

55c

Por

WW".

1
1

Mines

Limited

1

Collieries

Hoilinger Cons

48c

*

Uranium

300

75c

Jan

Jun

Agnew-Surpass

AJax

——;

Jan

Apr

voting trustt—

,

Ltd

Feb

2nd

preferred

Amalgamated

Feb

—

19c

19c
42c

2,000
3,000

15%c

3.35 Mar

Apr

13Vic Mar

May

20Vic

Jun

47c

Mar

5c

Jan

11 Vic

Jun

class

64

Feb

26%

106 %

107

165

104

Jan

108

13c

16c

1,800

11 Vic

Jan

18 %c

24 Vic

25c

4,500

22c

88c

88c

1,500

75c

Jan

12 %c

16c

24,900

12c

Jun

23c

Jan

9.75

10%

1,950

9.95

Jun

13%

Feb

2.50

r*

16,000

3c

Jun

Aquarius

18

18

65

9c

9c

4,000

8.50

200

13c 13Vic

6,000

5 Vic

500

9c

Jun

17

Feb

9c

Mar

7c

9c

18c

19c

7.50

Jan

11c

May

5 Vic

Feb

10,700

3c

Jun

9,200

13c

Jan

61

62

280

54%

Jan

30c

32c

20c

Feb

10%

Feb

60c

Jun

Mines Ltd

Ltd___

15

15%

8,500
1,175

60c

67c

3,600

2.30

,

—

2.60

3,100

1.45 Mar

6c

6c

6c

500

5c

Mar

96

Larder "U" Island Mines,
New Pacific Coal & Oils Ltd
New Santiago Mines Ltd
New Vinray Mines Ltd

93c

96c

5,800

90c

Jun

30c

2,700

17c

Jan

28c

50

14c

*

2.67

—-1

—

—

4.75
52 Vi

*

Area

17,700

4.90

9,777

52 Vi

53 Vi

210

48%

453

12

7c

Jan

Apr
Jan

Ascot

10% Mar
24c

Apr

9c

27Vic
66

15

Apr

21c

Mar

46c

Apr

7c

Jun

13c

4c

4c

3,300

18c 22 Vic

68,900

*

.—

15%

37 Vic

39c

2,000

17

16%

17

3,500

12%

Jan

17

Jun

96

96%

85

82%

Feb

96Vi

Jun

9%c

14c

5,500

7c

Jun

12 %c

Feb

Jun

24c

Jan

63c

Jan

—

1

—

Hardware

Mines

11 Vic

14c

1,500

lie

41 Vic

46c

23,800

36c

—10

17%

17%

17%

375

1

class

B

10c

8%c

10c

10,125

12%

1,860

(1937)

River

12%
—

7 Vic

—.—1

18c

1

9%c

1

2.20

-

Gold

Electric

Avlllabona

35c

;•

Aumaque

Bagamac

1.05

Jun

14c

1

2.60
10c

35 %c

43c

1

Jun

May

1

Corp

Atlin-Ruffner

Auto

•

common

Mines

Ltd

—

Bailey Selburn Oil & Gas class A.

Jan

Banff

Jun

Bankfield

Consolidated

6c

Jan

15c

16c

18c

5,267

9c 10 Vic
2.20

12,200
3,320

9%

9%

385

5,500

15c

5,000

—

4c

6,000

3Vic

Jun

6c

Jan

Bank

10

45%

4%'c

1,000

4c

Jun

11c

Apr

Bank of Nova Scotia

10

45%

8c

1,500

6Vic

Jun

8 Vic

Jun

Bank

10

12c

16c

27,000

9c

May

16c

Jan

3.00

3.15

2,100

Montreal

Toronto

—

May
Jan

16%

May

6 Vic

11c

1

10% Mar

2,500

14c

—

13c

3,000

2.05

Jan

19

Apr

7c

10%c

1.80

Jan

8c

8c

15c

50c

15%

7c

10%c

1

Oils

65c

Mar

6c

1

Apr

of

12%

1

Mines

of

Mar

39c

Aubelle Mines

Jun

Jan

35c

1

100

17c

1

1.75 Mar

Feb

6c

22%c

*

common

Atlas Steels

Aunor

3%c Jun

1

Jun

Apr

Jan

1,500

18,053

Jun

31 %c May

53 Vi May

8c

Jan

10Vic

Jan

25c

Res

Metals

Athona

Jan
Jan

13%

Armistice

17c

Jan

9c
6.00

7c

Gold

18%

3.80

Jun

July

25c

Preferred

Arjon

Feb

5c
4.60

13 Vi

—

8c

16

8,555

6 Vic

Jan

25c

4c

Ltd

2.80

6c

Feb
Jan

1.03

7 Vic

4%c

Ltd

2.66

4.60

36c

*

—

—

Mines

•

Mar

Apr
Apr

—1

Mines

Porcupine

Aumacho
61

32c

Ltd

—

-5

—:

Anglo-Huronian

Apex Cons

—

50c

-

Mines

Jun

Jan

23

—1

A——

Petroleums

Rouyn

May

46

Ltd

—_—•

Anacon Lead

Anglo

Feb

48

360

—-1

:.

—

Yellowknife

Argus Corp

5%c

Ltd

39 Vi Mar

Jun

42c

30,500

4c

825

5,384

Anchor

38c

3.25 Mar

63%

Anglo-Canadian Oil __—————*
Anglo Canadian Pulp & Paper pfd—50

Jan

67,110

25%

Jun

17c

7.00

44%

61 %

Apr

16,800

5.20
42 %

25%

July

28c

Jan

7.00 July

6.95
62%

45c

Jun

Jan

2.15

25%
106 Vi

-----

-

Larder

Nephellne

Oil

Jan

1.00
1.48

-25

pfd—

Leduc Petroleums

American

Ashdown

New

Mines

Apr

5.15

1st

44c

8c

85c

Jun

July
1.55 May

*

Canada

of

16%

18c

Island Mining Ltd_^
Mining Corp of Canada
Molybdenite Corp of Canada

Yellowknife Mines

Ltd

Aluminum

Apr

7,000

60c

42%

Jan

9

58c

—1

—-

Jan

July

67 Vic

89c

58c

Uranium Mines Ltd
Algoma Steel

1

_—

35c

8.50

Merrill

Mines

Jun

12

3%c

13 Vic

Ltd

Uranium

9%

1,000

9c

Lingside Copper Mining Co Ltd—

LaBine

Apr

3,435

18

Labrador Mining & Explor Co Ltd.
Lafayette Asbestos Mines Ltd
Lavalie Mines Ltd

Formaque

9

16

10 %c 11 %C

—-

»

Ltd....

Mines

75

33c

42c

'

—.

11 %c

Keyboycon Mines Ltd

Goldfields

9%

45c

25c

„„

Mines

Feb

9%

35c

25c

Ltd

Kenmayo Yukon Mines

8%

1.60

Ankeno

Ltd

9%

7% May

1.60

American

July

15c

Jun

75

1.60

Amurex

40c

Apr

4,700

Vic

*

Jan

5,100
25,900

20c

9

common

Apr

46c

Feb

Jan

6,525

15c

Jun

7%

Petroleums

Distillers

11

8c

16c

10c

15c

21

Jun

500

40c

Jun

9 Vic

15c

8 Vi

96c

24,600

9c

Jun

76c

9.75

Jan

106%

55c

29c

2.00

Feb

1,900

44c

2.30

Jan

100

4,400

Jan

2.21

17

15

21,800
800

Mar

Jan

730

80c

16c

26%c

20%

Vi Jan

1.09

17c

1,000

20%

105% 106%

Jun

6

76c

18,500

8.55 Man

310

96c

38c

40c

Mclntyre-Porcupine

Jun

7%

High

7%

33c

15%

!

Kerr-Addison Gold

Feb

4.10

7%

26% Mar

7%

15 %

45c

...

Ltd.

Kayrand Mining Dev Co Ltd

Louvicourt

400

Apr

96c

9.75

Mines

Mines

48c

6,600

18

24%

Low

*

34c

38c

.

Joliet-Quebec

50c
4.10

35c

Feb

1,288

—*

Yellowknife

Aigom

1.42

Jun

25

10

—

Petroleums

Akaitcho

Apr

3.10

14%

23%

24.90

*

common

Preferred

Alberta

Feb

18c

735

Jan

25

—-—*

Apr
May

4.50

16%

——1

Jun

2.40

1,500

18

19%c 19 Vic

Ltd-:.*

Mines

Mines

Nocana

3.60

10,500

48c

_„*

Metals

Ltd

Gold

Mines Ltd

Nesbitt

81c

2.45

4.10

—

Ltd

Jaculet Mines Ltd
Jellicoe

76c

17

Inspiration Mining & Dev Co.

Jardun

3,700

4,750

20%

Oil——-——

&

Gas

American

Ltd

Mines

Mines

18

Head of Lakes Iron Ltd--.

Hillcrest

4.35

18c 18 %c

*

—

Mines

Gold

Ltd

Ltd-

„_

Uranium

Gunner

4.00

High
22%

105%

Acme

Range Since Jan. 1

Low

*

Acadia-Uranium

Shares

21%

——-1®0

A

Jan

Mar

25c

9,500

Jun

for Week

of Prices

22%

*

common

Jan

20e

Jun

•
——20

preferred

Jun

70c

1.02 July

15

28c

May

1.08 May

500

2.40

—

& Paper common—.

Sales

Range

Sale Price

Jan

6.50

ll%c

1.65 May
43c

1,500

15% al53/a
26c

4.10

1

Mines

Grandines

Nib

Feb

6.00

Week's

Last

stocks

Aluminium

Metal

New

30c

8,100

1.02

28C

Corp Ltd
Smelting & Refining

Fenimore Iron

*

Friday

9.65 Mar

Jan

Exchange

Canadian Fonda

2.35 May
3.40 Jun

6%c

7.200

57c

5 Vic

Mines Ltd:

Falconbridge Nickel Mines

Lso

July

7.75

900

1.35

1.02

1

Metals

Eastern

Gui

Toronto Stock

Albermont

East

2

High

2.70 Mar

9,300

1.35

10%c

Ltd.

44c

2,000

54 %c

a

Asbestos

31c

6.10

7 Vic

2.43

'

Dome Mines Ltd

Dominion

200

1.94

J

Mi

•

JULY

Acadia-Atlantic

55c

__1

Ltd

1,300

30c

2.08

Ltd.—____1

Mines

26,200

8.00

7 Vic

--

_50c

Ltd

50c
,3.25

6.10

»

'

Range Since Jan. 1
Low

3.25

■

Corporation Limited-*

Dev & Mining

Shares

High

8.00

'

•

Ltd

Asbestos

45c

1

Ltd

'

•

for Week

Low

1

Campbell Chibougamau Mines Ltd

'

Sales

of Prices

Sale Price
Par

.

WEEK ENDED

Feb

lie
''

Jan

13c

Mar

May

39c

Jun

8 Vic

15c

Feb

2.45

Jan

1.96 Mar
8

Apr

10c

Jan

10

22c

Jan

19%c

Mar

12 Vic May

Apr

Feb

3.85

4.00

1,760

3.70

Jan

5.40

1.73

1.90

8,100

1.73

Jun

2.55 Mar

6c

6c

2,000

45

45%

834

45%

46

1,380

46%

46%

485

6c

Jun

35%

Feb

Jan

46 Vi

Jan

41% Mar

Jun

47

Jun

46%

Jan

42

8%c

Jun

Ltd-

(1945) Ltd—
Opemiska Copper Mines

Pato

Cons

Parbel

Gold

Mines

18c

(Quebec) Ltd

Dredging

2.39

Ltd

Ltd

36 %c
3,50

Que

Chibougamau Gold Fields Ltd_.
Quebec Copper Corp Ltd
Quebec Labrador Developm't Co Ltd.
Gold

Mines

8C

Ltd.

4%C

Standard

Gold

Mines

Mines

4.00

Ltd

15c

3.50

Jan

Apr

36Vic July

2.53 Mar

3.50 July

13c

4,500

90c

1.04c

38,100

12c

4,000

8c

8%c

8,500

4%c

5c

12,000

7c

65Vic

Apr
Feb

4.00

16c

1.04

Feb

May

May

14c

8c

Mar

18c

Jan

2 Vic Mar

5c

Jun

81c

500

66c

9c

10c

16,000

7c

4.00

Jan

Feb

91c

Jun

Apr

13c

700

15c 15 %c

15,000

9c

Jan

25c

3,000

5c

Jun

12c

6.50

Feb

7c
8.00

3,300

2.80

3.55

102,785

3.75 May

1.70

Feb

4.25

Canadian

Ltd

.Jan

8.60

Apr

3.55

Jun

Oils

l

Ltd

Petroleum

•

Inc___

Ltd

30c

Jan

Bralorne

4.40

Apr

Bralsaman

l

i

I_III*

14%

22c 22 %c

3,000
8,500
500

75c

Jun

Apr

Feb

Feb

1.63 May
22c

--

Jun

27 %c

Feb

25c

Jun

47c

Jan

48%

48 Vi

10

41%

Jan

48% May

30c

24%

24%

113

18

Jan

25

—

4.40

Jan

50c

—

43c

30c 30Vic

3,757

6%

6%

535

4.00

4.40

8,950

48c

48c

1,000

18c

6%

Feb

40c

Feb

76c

40c

50c

July

50c

Jun

43%

9,679

39 Vi

Jan

43%

Jun

13c

24,000

9c

Jun

24c

Apr

46c

46c

1,000

42c

May

72c

Jan

15c

Mar

43c

16,750

1
Mines

16c

20c

6,600

1

19c

18Vic

20c

26,500

18c

Feb

35c

Jan

1

11c

9%c

11c

5,100

9c

Feb

14c

Mar

1

5%c

5Vic

5%c

10,300

5Vic

Jun

1

24c

24c 24 Vic

6,900

22c

Feb

42c

1

11c

11c

12c

12,550

10c

Jun

25c

Jan

6%c

6%c

7c

10,500

6%c Jun

10c

Jan

9%c

8 Vic

9%c

18,700

20c

Mar

_•

3.30

3.20

3.30

870

80c

80c

1,000

—

1

Mines

16c

Apr

Mines
Gold

Bordulac
Mine
Pete

1

20

2.15

May
Jan

Brew is

Red

ordinary

Lake

•

$2.90

8 Vi

8%

14,998

1

7 Vic

6c

7 Vic

14,000

50

48%

48%

48%

40

1.90

2.01

7,300

;

Bridge & Tank Co

—

pref

77%

1

1.95

1

3.90

3.90

4.15

2,110

*

25

24%

25%

7,918

92%

93

4.00

500

3.80

Jan

4.35

4.40

300

30c

1,000

30c

1.76

4,700

1.45

1.45

1.45

500

40c

1.13
—

40c

40c.

13,700

3.60

3.75

300

1.12

1.13

9,000

8.00

8.00

400

1.77

219,900

1.32

1.26

1.33

2.35

90c

l

Ltd

Oils

—

1.45
7.60

23c

Jan

69c
5.60
36c

5.35

Apr
Jan
Feb

29c

Apr

40c

Jan

9

Jan

13%

Apr

4.35
30c

Feb
Jun

1.40 Mar

5.50 Mar
48c

Jan

2.95 Mar

1.45 July
40c

3.60

1

ni

8.00

Jan

1.45 July
1.20 Feb

Jun

8c

2.95
80c

6%
6c

Jun

Petroleums

Jan

4.25 Mar
1.75

Jan

9%

Apr

Jan

—

Ltd

3.90

American

Oil

4%%

4%

pfd

preferred

100
100

92%
101

100% 101 Vi

Jan

1.26

Jan

1.56

3.70 May

2.36

3,600

1.82

Jan

40c

1,500

1.45

200

1.45

Jun
Jun

1.95

78

Jan

93

260

90

Jan

52

52

53

305

48

Jan

7%

7%

7%

6,350

*

1,000

7.00

1.45

2,500

1.25

Jan

Class

Packers class A

1.24

Jun

1.74

a40c

200

23c

Jun

54c

Jan

a52c

a52c

100

60c

Jun

74c

page

45.




54

2.03

2.03

70c

65c

70c

2,000

50c

May

95c

60c

59c

62c

29,873

59c

Jun

84c

Jan

65c

70c

18,900

55c

Jah

75c

Mar

2.45

Jun

7% July

16

16 Vi

11%

11%

225

22%

22%

2,386

British

Oil

1

21c

21c

24c

23,100

Mines

1

1.50

1.45

1.52

14,190

1.45

Jun

2.25

4.00

4.00

100

4.00

Feb

4.55

Jan

8c

8Vic

12,000

18Vic

Jan

9c

9 Vic

1,500

13c

Jan

Empire

Rroulan
Bruck

Reef

Mills

class

B

Mines

Ltd

Brunsman

Mines

*

Ltd

1

,

1

8Vic
__

Gairdner &
40 Wall

885

13
9

17%
21c

8c

17

Jun

Jan

11%

Jun

Jan

23 Vi

Jun

49c

Jan

Jan

July

-

Mar

7 Vic Mar

Company Inc.

Street, New York 5, N. Y.

Gairdner & Company Limited

Jun

65c
:

r

16
__

Power

11% Mar

i

Ltd-

see

102% May

Jan

22%

•

Columbia

May

Jan

Jun

•

B

British

1.80 Mar

2,550

1

7TC

5%

—

WHitehall 4-5335

Jan

1.74

2.00

Jan

673

Canadian Affiliates
Jun

Feb

26% May

•

preferred

2.68 May
75c
Jan

1.30

100

5.20

Apr

Jan

50

5%

Feb

40c

2.55

Jan

20Vi

British Columbia Forest Products

Feb

25.250

1

•

Ltd

50

10% Mar

i

Petrol-Chemical—

15c

Jun

48% May
1.80

Mar

Jun

1.37 Mar

Jan

1.25 Mar

7.80

9% May

5.00 Mar

ADr

a40c

III_1
i

>7.60

Jan

Feb

1.71

1.30

*

Ltd

40c'

Feb
Jun

Apr

43

Rritalta

4.00

700

.

10c

Brilund Mines Ltd

Jun

1,000

5.50

40c

Mar

Jan

„

Mar

7%

2.90 May

43%

May

4.75

11

Jun

11 %c

92c

19 Vic

30c

Jan

1

l8c

300

1.65

I_j

Co

15c

500

Apr

11,100

1.70

__

Development

Oil

64c

17,200

Mar

22c

1.72

»,.

Co

Oils

Jun

18c

5c

34c

30c

Apr
Apr

25c

38c

4.75

1.77

Ltd—II_•

Ltd

Petroleums
Oils

28c

Apr

2.00
19c

Jan

20c

11

—

90c

Feb

15c

38c

34c

500

29,300

Jun

1.40 Mar

25c

Jun

4.75
20c

1

Dominion Oil

Pontiac

footno*

1

Boymar

625

31c

45c

14c

1

Mar

Bobjo

Bonville

3.40

1,300

28c

1,960

23

Gold

Yukon

Jan

10c

1.85

2,500

Jun

7,950

*

Ltd

Quebec

Por

Blbls

Jun

2,500

17%

—

6,000

17c

1

xsevcourt

1.72

He

i

Petroleums

Westburne

1

Corp

Brunhurst
25c

Continental Oil Co
Okalta Oils Ltd

Empire

*

,

River

Gamma

2.10

7c

4.20

*

N°w

Oils

Berens

Beta

1.14

3.95

»

Corp
Oils

Trans

1

:

48Vi

52c

1.88

Apr
Jun

1.25 Mar

10 Vic

17*4

Jan

I.V .•1

.;

t

Mines

18c

—

Rio-Prado Cons

'

■

*

Mining

Mar

75c

25c

Great Sweet Grass Oils
Home Oil Co Ltd—.

&

•

Telephone

10c

22c

1

Minerals

Bristol

■

Lodge

2,000

*

Gas class A

Ltd

Federated Petroleum

Trican

•
•

—

45c

1.82

15%c

British Columbia

Co

Devon-Leduc Oils Ltd

British

•

B

13c

5,700

12c 12 Vic

II.

Ltd
&

Devonian

New

17c

1

Beattie-Duquesne

Belcher

—

-—*

Ltd—

Beatty Bros
Beaucage Mines Ltd

■

28c

Mining

2,200

11c

4.15

Ltd.

Ltd

Admiral

Tri-Tor

Class

—

1.82

*

British Columbia'Electric

Oil

New

—•

Bathurst Power class A

British

Canadian

Oil

Petroleums

Bathurst

42,650

—

Phillips

Baia

*

Brazilian Traction

&

————_

Mining

Uranium Mines

1.55

1.75

Petroleums

Pacific

Baska

13c

Copper

Petroleums

Oil

——

Metals

2.10

Calgary & Edmonton Corporation Ltd_*

Jasper

Warrants

Barymin Co Ltd
Base

7c

Limited

Oil

1.70 May

1.98

17%
&

Petroleums

Kmoire

1.39

Jan

1.50

10 Vic

Bailey Selburn Oils
Calalta

Jun

1.35

11c

Mines

Anglo-Canadian

Calvan

1.05

3,240

Jan

4.00

7.60

—

Antone

4,000

1.55

1.55

Ltd

Pyrite

Oils

1.10

1.40

Jun

10c

Stocks——

Altex

1.06

1.41

2.05

Oil.

Wendell Mineral Products Ltd
Western Tungsten Copper Mines Ltd.
Oil

Jun

24Vic

3.40

Ventures Ltd
Violamac

Jan

1,114
600

1.09

Rldgood Kirkland

Asbestos Corp

Weeden

2.53

43,000

3.50

7.70

Ltd

Mines

23c

32c 36 Vic

3.40

5c

Tobrit Silver Mines Ltd

United

Jan

1

1

Bellekeno

Ltd

Trans-Dominion Mining &
Trebor Mines Ltd
Uddlen

1.10

81c

9%c

Sullivan Cons Mines—
Mines

11%'c Mar

Mines
Mines

3.15 Jun

Roover

Steeloy Mining Corp Ltd
Steep Rock Iron Mines Ltd..,

Tazin

Feb

3.95

12c

Radiore Uranium Mines Ltd.
Royran Gold Fields Ltd,

Sherritt-Gordon

9,900

12c

1.00

Quebec Smelting & Refining Ltd
Yellowknife

500

2.39

3.95

Preston East Dome Mines Ltd—

Quebec

18c

2.32

2.40

Barnat
Barvue

Normetal Mining Corp
Obalski

Jan
Jan

CANADIAN

SECURITIES

Gairdner, Son & Company

Members: The Investment Dealers'
Association of Canada

Members: The Toronto

Investment Bankers Association
of America

Montreal Stock Exchange

Stock Exchange
Canadian Stock Exchange

Wire system to all offices

Jan

i

^Volume

Number 5339

180

The Commercial and Financial Chronicle

....

(91)

43|

CANADIAN MARKETS
RANGE FOR WEEK ENDED

Friday
STOCKS

Last

Sale Price
Par

f

Brunston

Mining

Brunswick

Mining

Buffalo

Red

1

Smelting

&

Canadian

Buffalo

Bunker Hill

&

Class

Burrard

5,500

4c

2,000

41

42

42

300

9V2C

5,500

.

5.250

High

9

Mar

13

Jan

Davis Leather class A

15c

Jan

29c

Feb

Davison

6c

Jan

D'Eldona Gold Mines Ltd
Delnite Mines
Del Rio Producers Ltd

Jan

35%

9V2C

500

9 Vac

Jun

22%

2234

275

■19%

Jan

75

62

51%

Jan*

53

55

94

37V2

Jan

class

814

8V4

125

—*

A

*

814

7

July

14V2cMar

74

22%

•
_*

A_

D'Aragon

May

42

8V2C Jun

14c

*'>

Calgary

20c

Calgary Power preferred
Flin

Callinan
Calvan

Flon_
Oil

Cons

14 %c

&

20c

45,400

10 34

11%

59

25

Gas

13V2C 14 V2C

6,000

Mar

9

Jan

4.30-

4.25

4.50

7,150

Campbell Chibougamau

3.15

3.15

3.30

7.45

7.30

7.45

2,863

12c

Exploration (Western)

Canada Cement common
Canada Foils class A

Dominion

21 %c

Feb

Jun

T

flto
8.50

70*Tan
Jan

195

Ra

31 >4

230

2ftv.

f

p«h

Iron

Canada

Life Assurance

133/a

14

110

it

21%

21V2

22

340

19%

Jan

23

783/4

Jan

98

Jun

10

Jan

60

10

8V2

275

60

60

120

12V2

12 V2

25

8

51 %

Ton

10% Feb

May

3.50

Packers

Canada

class

Canada

Permanent

Canada

Southern

3.50

3.65

1,100

2.10

2.10

2.10

100

36 V2

Warrants

36V2

250

31
58

*

B

71

1

2.23

12.50

13%

Ltd

Warrants
Canada

71

55

2.15

20

Mortgage

Petroleum

2.40

'

Jun

pfd

•

*
•

1.75

3.90

9,974

3.40

Jun

6.25 Mar

391/4

2,181

32%

Jan

26

263/4

4,512

21%

Jan

39% July
26% Jun

24 >/2

25

1,260

22

Apr

30

20

305

26

•

25

20

Canadian

Car

*

common

Amphi
Malartic

Apr

13%

Jun

East

Rim

23c

Jun

50c

Jan

East

Sullivan

Chemical

Canadian

21

22

1«3/4

Mar

19%

170

1H

Mov

Canadian Collerles

285

nq

Ppu

7'4

8

1,550

RV

3

Canadian

(Dunsmuir)

7.25

8.00

4,925

7
7.25

•

67c

2,900

62c

2,600

18c

Canadian Dredge
Canadian

1.76

62,150

70c

63

64

260

50

*

Canadian Malartic

2.00

2.00

2.38

2.45
16

50

5%

38c

42c

2,900

*

15%

16

104

104

15

3.00

3.00

Warrants

Pacific

Canadian
Canadian

Pipe

Line

Canadian

Tire

Corp

com

.

Apr

3.75

2.79

1

Canadian

35c

67c

Williston

Canadian
Canadian

Canso

Asbestos

Castle

Central Leduc

Lake

Jan

1.00

1.08

20,457

*

5116

511/2

10

102

102

25

1011/2

102

60

25V2

2534
121/4

2.50

2.70

63

64

lo2

Chemical

5.7£

6.10

872

68c

72c

3,300

6.05

6.50

5,850

2.60

2.60

4.80
1.65

7,900

70c

70c

o

4,800

1.50

1,115

1314c

14c

i on

2.39

? fi? mS
2.65 May
oe

tit

1,500
14.400

aiC May
A4Un
93c
13c

Jan

91c

Jun

5

85c

Mar

1.04

1.14

181/2

181/2

91c

101c

5,000
II,450

5

5'4

200

80

•

13

13

1.92

2.13

1.45 Jan
Feb
5%

107/

„

131,400

58 Ac

28c

^

25

641/2

64V2

62

1

5Vsc

63/4C

1,000

60c

70c

33,550

60c

Jun

1.20 !Feb

55c

70c

3,000

55c

Jun

1.15 Mar

30c 30'/2c

*

ctfs

Jan

1ca

«?/ Feb
iUK

aiv

55 %
5c

500

1

8'/a

834

50

7

10

61

61

20

58

_•

273/4

273/4

.5

1.60

1.80

12c 12V2C

26%

1

37c

49C

Discovery

1

1.85

1.90

*

46c

46c

Jan

1

27c

30c

7,800

53c

8,505

9c 10 3/4 c

1

47,200

.—1

2.63

2.80

14,695

1

15c

15c

700

2.26

2.40

27%

28 »/4

18,746
2,810

•
1

Consolidated

Mosher

2

Consolidated

Nicholson

•

Consolidated

Orlac

1

1.00

1.95

10c

Jan

25c

Jan

Jun

Jiin

25c

Jan

.

90c

36c

36c

50

20

21,800
II,758
2,600

15c

Jun

54c
18c

Jan

1.07

Jan

14% Feb

Feb

Feb

38c

Jun

18

17
23%

17 %
24

3,235
2,015

19

Jan

24% May

21%

21%

832

20

Jan

24

1.25

1.35

26%

27

300

8c

8c

2,300

7c

2)160

3.50

Feb

19

May

Apr

2.10

Jun

1.10

6,662

28

Apr
Jun

13 %c

Jan

5.05

A$r

Jun

3.75
50c

12,650

47c

Jan

16c

1,000

13c

Jun

7%
1.70

7%
1.85

150

3,200

87

90%

1,890

3.50
48c

1.10

88,664

9c

2.30
15c

Jun

Jan

May

1.72 Mar
22

Jan

1.00 May

Feb

5,866

6%c

29,260

5c

Feb

121/2 c

13c

12,416

10c

Jun

58c

60c

9,950

47c

Mar

5V8c
203/4

51/2C
21%

14,490

10c

5%c Jun

2,415

16%

May
Jun

•

3.40

3.55

5,300

Copper-Man Mines Ltd
Corby (H) Dist voting
Cosmos
Imperial Mills

1

11%C

15c

21,000

11 %c

19 19%

—

7%
1.15

23c

Apr
Jan

9

May

68c

Apr'
Jan

2.20 May

4.35

85c

18c
18c
38c
42c
24 Va 24%

—

101
10%
6%

101

-

101/4
0%

—

—
—

50%

51

—

70%

71

—

common

&

•

13

141/4

1,760

*

10

10

450

Coulee Lead

1

Cournor

1
1

Jan

10%
9

20c

20c 201/2 c

4,000

6c

6c

6,000

5%c

75c

76c

1,170

56c

v

Jun

Gridoll
Gulf

1

111

Apr

Jan

13

900

5%

Jan

205

35%

Jan

52

May

68

Jan

71

May
Apr

104

10

274

101

40

5c

13,000

8.10

1,732

10,825

10 %

562

100
4 %c

7.70

65c
23 %c
6c

3.50

35c

Mines

48 %

50

8

150

7

60

17

Feb

Hard

Apr

Harrison

Rock

Jan

15c

Hartz

of

Lakes

Headway

Iron

8% Mar

350

Feb

7.20 Mar

3.95

1,825

7.95

20c

Apr

Heva

1.05

Jan

—

2.000

9.35

9.85

20,070

6c

9.40

6.15

6%c
40 Va

6,000

6c

1,740

32%

3.10
17%

200

100

40

40'A

100

3.00

—

17%

__

.1

99

99

13c
9%c

12 %c
8%c

33c

^%

8%

20c

25c

29c

35c

25

4,800

8,300
25

11 %c Jan

Apr

Hollinger

14% Jun

Homer
Howard

Smith

Feb

8c

Feb

Jun

Hudson

88

10

60

Jan

91

47 V«

574

34

Jan

47%

1

9c

91/2C

23,500

12c

2.90

Paper

May
Jun

May

,

Bay

20

Jun

99

Jun

12'Ac Jun
8c

8% July

30c
16c

Jan

28% Mar

45

Jun

11%

16%

15%

15%

16

8.00

7.90

8.05

5,370

16c

17c
25
50 % 50%
2.25
2.25
45 % 46 Va
30c
31c
6.50
6.65
6c 6%c

10,000

24 %

2,205

—

•

Hugh-Pam Porcupine
Husky Oil & Refining Ltd
Hy-Charger Petroleums

2.25

•

46 %

1

31c
6*0

1
1

1

Jan

8% July

Feb

505

Smelting

Feb

17 %c

May

5

&

May

24c

10c

3,312

50
Mining

3.25 May

Jun

Feb

13c

45

25

1

17'A
93

500

42

16c

Apr

Jan

Apr

8,100

16c
11c

1

41

Jun

15c
He

•

10%c

Jan

6 VaC

15c

common

May

3,700
4,250

4c

Preferred
Hoyle Mining

90c

88

Jan

Jun

4c

Yellowknife

May

461/2

May

15c

3%c Jun

7.90

Jan

10 % Mar

5

57
11

May
Jan

4c

;

Jan

Jan

8.00 Mar

45%

26c

•

Consol

12c

6%c Jun

45c

13c

Oil

9% Mar

25c

7%c

45

1.42 Mar

Apr
Feb

Jan

7c

•

Jun

Jun

12c

—

Jun

17%

Jan

Mar

7c

4

4.40

10c

13c

Dauch

Hinde &

Jan

Mines

29% Jun

Jun

17c

19,444
36,900
6,500

1
—1
-——•

High Crest Oils Ltd
Highwood Sarcee

Gold

5.65

7%c
53 %

1

Lake

1.01

6.05

—

,

,

7c
53%

—

—

1

Red

Heath Gold

Feb

450

Jan

Apr

29 %c

Jan

4% Mar

1

Hasaga Gold

Feb

18%

11,600

5

13c

1
-*

Jan

425

9%c
8%
21c

1

Mines
(F J) class A

Apr

49c

400

1

Gold

8

18% May

May

24C

94,590

100

Hibbert

52% May

Feb

18

Feb
Jun

134

Jan

52%

Jun

6c

7

___*

;

Jan

Jan

14c

Apr
3%c Jun

1.14
6%

•

common

58c

3%c

97

Feb
Jan

Api

5

1

Cotton

1.91

1.11
6%

1

—4

12 %c

5

-1

Lime & AlabftStine

23 %c

—

1.14

9c

.

Mar

Jan

Jan

2,011

1

Preferred

1.70 Feb

37c

Apr

57,000

1
•' T

A

Mines

Hamilton

Feb

Jan

Jan

1.00

21c

15

;

15c

30c

9.70

26c

*

ll%c

4.05

Jan

Mar

25%
4.40
16

1

class

Gwillim Lake Gold

3.90 May

18c

Jan

24c

—

Gypsum

29% May

23

9%c

19c
25%
4.10
14%

*

Grass
Coal

Jan

Jiin

104

Jun

ll%c Jun

5,500

Feb

59c

16%

Jun
Mar

M&r

47

21c

25

Gunnar

Jun

7.00

4.90 Mar

44'A
11

Feb

6% May

42% May

18

25%

Util_.

Lead

Jan

Mar

25

Jan

5.55

20% Jan

1,495

24'Ac

•

Gas

Jan

Jan

20,120

7%

—

—

*

Gulf Oil

May

25C
78c

Jun

55

•

Jan

92

Jun

71c 73%c

—

common

Paner

Freehold

Jan

53c

100

7c

30c

1,110

8.00

~

—

Mines

Sweet

Jan

45c

Jun

16%C Apr

1,000
8,500

Feb

1.08 May

Feb

4%c

—

5.20

Jun

30c

85 %

30

101

—

*

Bousquet

Great West
Class B

Jan

May

;

44 %
10%

—

50
class A

Co

Hallnor

70c

Jun

6.60

5.50

„

1

Apr

20

4.05

1,030

85'/, 85V,

100

15% Jan

7,940

77c

—

Jan

64

460

4.05

—

Mackay class A

Lakes

Home

/

—

*

'

6c

1




Jain

24

17c

3,000

52 Va

Great

Apr

2.20 Mar

May

1

page 45,

43c

Jan

85c

—

—1

Preferred

52%c Mar

1.83 May
42c

12c 13V2C

10

see

Jun

8C
18c
24
17c

682

Graham

29c

Jun

3.05

For footnotes

Jan

130

Grandines

27%

Jun

.1

Patricia

Feb

14 %c

129

Head

Crowshore

10c

Jan

129%

Gordon

—=-

37c

1

Corp

Jun

7c

•

Tire

Jan

8%

Jun

■

Zellerbach

5c

500

3%c 3%c

Jun

67

Feb

30c

500

Crown

Jim

6,500

6%c May

1.55 Max

1,635

East

Crow's Nest Coal

May

31,550

3%c

1.43

May

12c

4,674
55.402

Consolidated

Mining

69c

69c

Goodyear

Sn

1.08

3%c Mar

4,620
1,550

1

Consolidated

Croft Uranium

31

Jan

5%c

8c
17c
24
15c

—

Great Plains Development

2,500

3%c

Exploration

Feb

42c

29 %C Mar

Jan

15c

3%c

Con west

Jan

1.43

Feb

25%

7,200

42c

15c

1

Consumers Gas

Apr

75c

10,000

Mar

1

Colomac

Rochette

Fteb

4.50

50,250

14c

Coldstream Copper

Consolidated

1.17

Jan

5c

9%c 12%c

Great Northern

Consolidated Ran wick

200

10V2c

Jan

Consolidated Peak Oils

81c

26 %

Feb

3.45

Jan

66c

—

•

10c

Consolidated Micmac Oils Ltd
Consolidated Mining & Smelting.

76c

Jan

1.90

3.55

37,065
19,900

*
1

Apr

Lead

80c

—

•

Uranium

7c

Howey

5,000
26,200

95c

4.35

Porcupine
Goodfish Mining

700

Matarrow

2.30

87c
3.80

1.35 Mar

9c

Cons

2.20

2,970

9c

Consolidated

May

10,700

1

Halliwell

9c

1.57
48c

Great

Consolidated

Apr

1.50
42c

11% Jan

Mines

8c

1.55

Jan

Lake

4,000

1

Jun

Guayana

8%c

28c

Mar

Consolidated

Apr

8%c

13c
6%c

7%

Consolidated Gillies

1.09

25c

65c

Crest

Jun

12c
6%c

68c

Mines

69c

26c

11,750
1,181

Denison

60,750

13c
6%c

20.401

Consolidated

74c

1
1

8

.

Feb
Jun

69c

1

93c

Oil

43c

27c

—

•

74c

Allenbee

Apr

Jun

May

.1

Mines

68c

Consolidated

Mar

25%

7,500

Goldfields

Jun

8%c

Jan

Gold

85c

Conger Lehigh
Coniagas Mines

Mar

62c

Jan

—

•
100

Gold

7%

—

141

Jun

19%
15c

—

.

•

Confederation Life

Jun

35c

20c

—

A

1

Conduits National

135

7,500

-

Goldhawk

t

64%

class

1

Yellowknife

Feb

Feb

4,000

5

Cockshutt Farm Equipment
_

21

25,100

3

Cobalt Consolidated Mining Corp
Cochenour Willians
Lake

9

8%

—

100

Lake

Grafton

Coin

6

Golden Manitou

Apr

6,400
8,300
141,320

trust

25% May

Feb

I,935

Goldale Mines -1

Jun

57c

Chemical

Jan

7% Mar

Goldcrest
Gold Eagle Mines

Tlt_

I /?
2.13

PcoH
Jan
1.52

1.39

Votfcig

980

Jan

—

1
*

Yellowknife

Giant

God's

Feb

55c

Cobalt

18%

1,085

5% Mar

25

—•

Geneva Lake

1.74 Mar

1.20

Chrysler Corp

910

Jun

28c
20c

1

Preferred

25c

1

1

Citra-Lartic

4.00

25

„

•

General Products Mfg class A_
General Steel Wares common

to

1

Mines

Apr

24c
18c

—100

Petioleum

General

Jan

Chibougamau Explor
Gold

Apr

16

—

♦

common

Dynamics

General

a*

t

-

General Motors

o'Zn £

?'Zn
/I* Mar

67c

Cos

A

Geco Mine* Ltd
General Bakeries

l no
Tan
1.00 Jan

£
Jan

class

5*> Preferred

Anr

Chlmo

Chesterville

8% Mar
6Va

190

_

*
.*

** debentures

i?A aSJ

i

Inn

100

4.70

50c

Research

Mar

16c

Gaitwin Exploration
Gas Exploration of Alberta
Gatineau Power common

3.55 May

fin

on

....

i.

6%
135
38c

__

Warrants (extended to June 1956)—

Anr

1,471

10

Chateau-Gai Wines

6V«
135
35c

__

1

Mines

Frobisher Ltd common

jSn

12\l

160

1.95

*

Chatco Steel preferred

8%

warrants

Motor

Fraser

n

Anr

1Ii/ JTon
on? its
•J4?/ nfn
3i
J
£
fift? Jun
68c

320

1.77

Ford

s\'70Iian
J

55
in4

10?% S»S

100

1
-

qq

Jun
Tan

45,4

1,035

12'4

1

Uranium

Oils

8

—

—•

Petroleum

B

Fittings Ltd common
Fleet Manufacturing

Jun

l

Chamberlain Oil

May

15

Jan

22% May

1

Porcupine

Charter

1.02

27%

Jan

•

Oil

Central Patricia

Centre

Jun
Jan

1

Explorers

Central

35c

1

Trethewey

Central

13 Va

__

250
*
1

A

Iron

Class

4.15 Mar

12

•

Ltd

Corp

Jan

21

1

Cassiar

1.55

300

1

Gold

Feb

9% Mar

—

Fenimore

May

3,100
1,565

*

Oil Producers Ltd

Cariboo

105

40c

6c

A

Ltd

1
•

25
1

1

Oils Ltd
Federal Grain class
Federal Kirkland

16% Mar

Jan
Jan

191/4

1

class

12%
100

26'4

*

B

Minerals

Wirebound

National Gas

Canso

class

14
12
25

May

Jan

Jan

19

•

Wallpaper

13%
11%
24V4

14%

—

Fargo

35c

100

1

Canadian Vickers

15%

Jan

—

1

Oils

Pen-Rey

Feb

Jun
Jan

251/4

1

Canadian Utilities preferred
Preferred

Apr

11%

26%

•
*

1

Producers..

13 %

3,090

—

1

1

Railway
Ltd preferred

2,280

10

Falconbridge Nickel
Famous Players

10

Petrofina

125

15

__

Fanny Farmer

25

Canadian Oil & Gas Reserves

Canadian

4.00

__

Jun

66

19

160

common

Jun

4.00

—

Warrants

Jun

14% Mar

495

100

Cos

preferred

37

__

1

Invest

Federated
Oil

Canadian

Feb

—

1

Eureka CorD

2.95 Mar

Jun

1.75

I,543

16

2.00

600

10c

com.

Oils

31

Feb

27c

Apr

*

Homestead
Locomotive

79 %c

Jan

68c

4

Products

Food

Canadian
Canadian

1
9 60M2?
9.60 Mai

Feb

1.70

•

Petroleum

465

14%

—

1

El Sol Gold
Emerald Glacier
Equitable Life Insurance
Estella Mines Ltd

Q/

Jan

22c

•

common

Devonian

El

Map

2wSX
Jun

21c

Decalta

Warrants
Canadian

May

36%

6.50 Mar

60

—

1

Mines

Mines

Elder Mines

S,/£.

32

M«v

Mines

Nickel

Eastern Metals

OQV

19

31%

•

Cellulose

&

Apr

54c

Jan

Jan

•

20
common

preferred

$1.75

Gas

&

12 Va

25

Class A

Canadian Celanese

16%

Jun

205

•

_•

Jan

22c

__

*

Oils

Economic
Breweries

14%

15Va

—

East

3.60

39

Canners

271

17,200

15Va

—

1

3.85 Mar

Jun

3734

3.70

10

Canadian

100

1

600

-2

Canadian

1,300

15%

Jun

4.10

3,300

Oil

-■*>

>

Jan

4.15

7

—

East

72%

30c

Atlantic

^

4%

—

Apr

Jan

Jun

1.75

Canadian

Canadian Bank of Commerce

common

Brewery

Dragon

Jun

1.90

100

Apr

.

125

__

•
•

1

36%

131/2

*

'

300

__

Duvex Oils & Minerals

Mar

13

Oil

?

3 2'A

7

—

Dyno Mines

2.75 Apr

27c

Admiral

•20c
'

—

•

1
1

4.35 Mar

1.95 Feb

1.75

Lines

SS

Canadian

Jun

Jun

I

3.40 May

6,300

Jun

24

—

*

Dow

Canada Oil Lands

4.30

12c

5%

—

Dominion Textile
Preferred
Donalda Mines

1?»/,

Fab'

35

Dominion Tar & Chemical com

Jun

98

8

•

Power

98

*
•

Machinery
Canada Malting

3,640

7

—

*

common

Dominion Magnesium
Dominion Steel & Coal
Dominion Stores common

Jun

12 %

10

Canada

Northern

3034

10

10,000

2.25 Mar

Jun

Jan

5%

25

preferred

Dominion Foundry & Steel com__

30 34

*

Foundry

1.25

13c

36

'

Dominion Electrohome

Tnn

Jan
tv/to«•

im

Coal

Dairies

Jan

1.25

r

107 %

Tan

—

10

Preferred

5.50 Mar

♦

—

Canada

Canada

Dominion

Jun

20

Preferred

Bank

Apr

^

108

Dominion

Jan

Jan

42c

27c 28V2C

—

1

Apr

1.10

Jun

1.00 May

12,425

29%

28%

__

*

Asbestos

13 %

fi
b.70

1.38

Mar

16

Mar

70c

,

18c

19%e Jun

2,600

1.10'

15V4

—*

,

2.50

Mines

Dome

105V4

Jun

4.15

13

4.15

2

Dome

Apr

24c

Jan

3,450

Campbell Red Lake

100%

75

1,000
9,133

High

Feb

.

Jun

8V2

Jan

15c

1,760

104V2 10416

10%

Edmonton

&

18c

14

—

Low
10c

18,000

13c
14
70c
21c

70c
20c
1.05
1.25
12c

—

—

Range Since Jan. 1

High

IOV2C

„

•
T_50c
1
1
1
1

Dominion

Calder Bousquet

1

Distillers Seagrams

Jun

Shares

Low

1

Oils

for Week

Jun

75

Mines

Detta Minerals

Mar

223/4
m

.'

Range

Par

,

3%cMay

25c

9 V2C

class

!•/,

Jan

Sales

Week's
of Prices

Last

14c

4,910

19c

18c

1

—j

B

1014

8 Vac

•

Steel

Co

Low

18c

9.50

—

Burlington

Friday

Sale Price

Range Since Jan. 1

High

37/8c

v

STOCKS

Shares

17c

18c

1

Bulldog Yellowknife

Burns

10%

*

Lakel

Products

Building

17c

2

for Week

of Prices

low

1

JULY

Sales

Week's
Range

65

15c

Jan

Jun

May

13 %c Feb

7%c

1

Jan

Jan

Apr
10% Jan

25c

Apr

19%

Jan

25

Jun

45

Jan

50%

Jun

2.50

Jun

100

1.70

Feb

1,943

'37 %

Jan

47% May

6,000

30c

Jun

51c

1,375

6.45

Jun

4,500

6c

Jun

8.20

Jan

Jan

IOV2C Jan

ft

44

The Commercidl and

(92)

Financial Chronicle

.

.

Monday, July 5, 1954

.

CANADIAN MARKETS
RANGE

FOR

WEEK

JULY 2

ENDED

1

Toronto Stock Exchange

(Cont.)

Friday
gale prjce
Par

Imperial Bank
Imperial

Shares

Low

10

Oil

Low

41%

235

„•

32%

32%

33%

Imperial Tobacco of Canada ordinary 5

38%

5,127

9%

9%

9%

2,840

9

6

6

6%

165

6

Feb

25

25

25

25

258

23%

♦

43%

43

44

3,289

34%

Jun

36

National

May

Mar

£1

Drug

Chemical

&

47*

preferred

Industrial
$1.50

Acceptance

common

prelerreu

30

$2 preferred
Ingersoll Machine class
Inspiration Minim;

Jun

National

Explorations Ltd

National

Grocers

Feb

Hosiery

Jan

45% May

National

Petroleum

45% May
May

National

Steel

43 %

125

34%

44

250

39

Jan

47

8%

8%

605

8

Mar

9

2.32

2.20

2.40

17,195

3.75

3.75

3.75

50

16

16

90

33

33

285

44

•

__

1

Bronze

Powders

Preferred
International

Metals

25

class

A

Co

33

100

.

Nickel

__

•

Preferred

International

*

com

,

__5/100

Jan

Pipe

~

•

25%

5.75

Apr

New
New

Alger.,
Bidlaitfaope
Bristol

Apr

29 % Mar

34%

Jun

96

Feb

Jun

Jack

Waite

•

Jan

42 %

Jun

«New

57

128 %

Jan

135 y2

Jun

19

Jan

26%

Mines

Jan

27% May

May

10%c Jan

349

25%

11,650

20%

5c

1

13 "A May

Jan

13%

Low

47% C

53c

15,900

10%

10%

350

10

27%

28

175

27% May
6% Apr

■.

48c

B—___
•

6%

6%
1.90

__.

5%c

14,000

5c

103

4,300

'■25%'

25%

9,200
241,951

2.68

1

-r
8c
37 %c

7%c

8%c

8,500

36c 41 Vic

38,250

1.39
2^3 L

1.24

44,935

1.20

1

I

J,

1.39

8%c

1,000

7y4c Mar

9%c Mar

8c

2,500

7y2c Jun

14c

Mar

1.77

4,700

1.40 Mar

3.80

Jan

New

Oils

19c28%c

2,121

5%c Mar

28 Vic

July

•

11c

10c 12 %c

8,600

10c

Jun

26c

10%c

10c 10%c

7,000

10c

Apr

23c

Jan

Joliet-Quebec

1

Jonsmith Mines

Jupiter

Oils

43c

35c

46c

100,000

•

22c

21c

23c

15,000

•

1.55

1.55

1.63

2,400

Ltd

Ltd

Kayrand Mining

1

Kelvinator

*

Kenville

Gold

29V2c May
16c

49c

Mar

27c

May

1.55 July

450

5c

5%c

Jun

2.15 Mar

18%
10c

2,110
16,200

61c

62c

1,800

Feb

11 %c

Jun

19% Jun

25%
9%c

Jan

19

Apr

5c

11,500

18

9c

5c

May

16% Mar
8c

Jan

52q

Apr

,

20c

Jan

Jan

1

61c

1

63c

62c

70c

3,800

61c

May

90c

Mar

1

35c

35c

38c

2,500

35c

Apr

60c

May

24c

Jan

—

.

Townsite

L

1

New

(John)

Labrador

Lake

Hugh

Malartic..

Jason

Gold-

New

Kelore

Larder

1.02

Apr

New

New

Morrison

New

Mylamaque

Newnorth
New

Luz

Jan

5c

Jun

45,000

1.12

1.12

1.16

5,400

21%

20

21%

3,536

•

8.50

8.50

8.75

695

66c

67c

4,300

61c

Jun

80c

Feb

14c

2,400

12c

Jun

21c

Jan

Noranda

19c

19c

2,200

16 %c

Jun

22c

5.20

5.30

1.499

23c

23c

2.500

28%

28%

100

15c

New

-

__

13c
__

1

5.20

1

23c

•

common

__

•

Shops
Acceptance class

Laurentide

3
A

19c

Feb

47c

1.10 Jan

17

2

Warrants

Lavalie

New

Superior

Jan

New

Taku

7.75

Jan

5.20

20c

21 % July
10

Jun

6.15

24%c

May

28

Jun

32

May

Leitch

1

Gold

1,45

500

1.30

3.60

__

10

3.80

988

3.60

10

Nib

1

35

5%c

1,000

Nipissing

Jun

Louvicourt

Jan

North

4.00

Jan

North

Macassa

Inca

Jan

12

Apr

Apr

7%c

Jan

Mafie

Class

&

Bloedel

Mines

class

13%

Jan

10%

Jan

16
July
14% May

Northland

17%

Jan

20

Nubar

1.80

Jan

4.25 May

Malartic

60c

Jan

73c

Jun

7%c

Jan*

12c

Apr

10c

Jan

23c

Feb

Jun

3.00
1.20

Feb

71c

71c

8c

9%c

2,000

10c

11c

18,750

2.05

2.24

35,351

61c

__

65c

5,750

56c

Jan

1.90

37%

Jan

940

40 y2

Jan

4%c

4c

1.61

9c

3,300

30c33%c

18c

4%c

8%c

__

35,550

13c

Jan

30c

.__l_

Maple Leaf Milling

common

Maroenor

Marcus

*'

1,500

18c

19c

5,500

1.61

1.67

I,850

44%c

'

Nudulama

Oils

46c

Marwayne

McColl

Frontenac

Mclvor

Ontario Jockey

Club

47

May
56% July

3%c Mar

5%c

8%c

Jun

18c

28c

Jun

1.10

28c

Ontario

Drilling

McKenzie

Red

McMarmac

Opemiska

Feb

McWalters
Merrill

Gold

Mexican Light
Preferred

common.

2.19

Oil

Midland

&

&

Gas

Pacific

Grain

Milton

1.45 Mar

Mining

;

Knitting
Moneta Porcupine
Montoco

common

common

Moore

4%

1.97

For footnotes

see

nage 45.




10c

Jun

Jun

Jun

75c

Mar

Jun

75

"11C

lie

1,500

2.85

3.15

22,310

2.35

Feb

12c

13c

7,000

9%c

Jan

2.80

2.95

; 11,500

6c

5%c

7c

18,500

9

9%

5,634

2.40

2.50

1,680

12c

10 %C

12c

10,200

4%c
"10c

4%c

.2,000

11c

45,200

28c

32c

6,700

65c

72 c

12,160

Y

1.78

14 %c

Jun

10c

Jun

Jun
Feb

3.40

Jan

Y-16c

Jan

2.15

feb

3.15
18c

5%c July
6

10%c Jan

*

Jun

Jan

9% May
2.50 Jun
25c

Jan

'

10c

9%c

4%c

Jan

9%c May
20c
Jun

9c

24%c

?:

)
Feb

j"

Jan

'1
Y

Western

9c

9%c

1,000

7c

Feb

18c

May

4c

4!/4C

17,500

4c

Mar

11c

Jan

1.47

10,250

1.30

Jun

2.45

2.60

9,800

1.90

Jan

65c

65c

75c

24

24

174

70c

60c

75c

6,900

2.36

2.30

2.44

63,285

1.80

Jan

Pathfinder

Paymaster

6%c

560

6c

Feb

10c

Feb

1.40

1.45

5,675

2%c

3c

8,500

102% 102 %

5

100
7

12c

9%c

12c

12c

11 %c

12c

9,500

Jan

5c

Mar

9%c
8c

Jun
Feb

34c

34c

3%c

Parbec Mines

Peace

II,900

34c

Jun

Apr
Feb

Perron

Jan

Pershcourt

9

Jan

24 %c

Jan

14c

Jun

52c

Jan

1,000

3%c

Jun

5c

4,300

20c

Jun

39c

Feb

100
12c

27,086

10c
34 %

100

3,299
I

827

7%

Feb

9y8c

Jun

26 y4 Mar

61

100

85

91

12c 13%c

2,500

12c

161

7

62

380

53

7

71/4

160

40c

43c

8,400

30c

6c

'
7c

Feb

July

7c

5,020

5c

12%c

7

Jan

9% May
17C

Jan

37

Jun

100 %

Jun

26 %c May

66%

Apr

11,340
1,035

65c

900

84c

Apr

37 %C

41c

25,000

31 %c

Jan

46c

Mar

5 %c

500

47/8c

Jun

11c

Jan

453,100

38c

Jun

65c

Pickle

Crow

Pitch-Ore

Feb

Mar

Pontiac

*

20c

Apr

33c

1.00

55c

26c

Feb

40c

13,400

4.50

16,310

106
25c

500

9c

3,000

8c

Feb

87c

1.20

80,300

75c

Mar

43

3.65

106
24c

Jun

Jun

May

45c

Feb

Apr

8.40 Mar

113

Apr

38c

Mar

11 %c

Apr

Mines

IjY

Petroleum

Power

lr'

CorD

Prairie
Pressed

39c

Jan

1.08

6,025

95c

Mar

1.22

Jan

1.93

800

Jan

2.00

Jun

13c

40,800

Jan

11 %c

1

23%

.

29

29%

912

85c

91c

12,200

1.74

1.63

East

If-

Dome

Uranium

28c

24

Mar

30

85c

1.01

1.75

25,200
3,970

26

70c

6,000

51c

3.9

39%

681

1.50

1.45

1.85

12,900

11%

10 %

13

14,534

35

Jun

Feb
Jan

Mar
Jan

1.45 July

7%

Apr

Apr

1.36

Apr

1.75

Jun

34% May
84c
40

3.00

13

Jan

May
Feb

Jun

2.50 Mar

3.60 July

4.20 May

5.00

8,850

3.70

5.50 Mar

3,000

7%c Mar

12c

Jan

8c

Mar

15c

May

2.93

3.60

65,340

4.90

4.30

4.95

92,837

4.40

-3.90

4.40

8c

8%c

12c

*12c

1,000

3.55

Mines__

May

34%

39

Metals

10c

34

1%

1^

Oil

1.41

63c

34%

Gold

Jun

11,300

1.05
1.73

11 %c

River

Rouyn

62c

50c

1.07
1.73

*Y
__15>

85c

Powell

1.20 July

Apr

'

Airways

|

-

m

|

•/* •'

Jan

May

4,540

5.00 Mar

Jun

1,500

46c

Gold

Powell

Prospectors

10,500

Jun

200

60c

8c

-

1.18

1.

Development

Preston

33c

Jan

3.00

38c
3.00

25c
9c

Oils

Pronto

6.00

Mineral

Ponder

Feb
Mar

&

Placer

Jun

26c

14c

57,700

5%

5%

978

7%

7%

7%

6%

6%

6%

6

49c

53c

6,460

21

21

25

21c 22 %c

4,800

885

5.80

Jun

9c

Mar

5%

Jun

6%

Apr

.6% July
45c

14%
20c

2.30

2.25

2.30

1,600

7c

7c

5,500

7c

1.80

1.75

1.81

5,500

1.60

14%

15%

•

14%

14%

25

♦

7%

8%

200

47c

53c

12c

14c

12,400
4,100

16

16

250

'

28%

pJar

106

—1"'

Uranium

14c

Jan

10c

16

Feb

11%

Y"74%

4.10

4.45

t'.j

Fields

Gold

11% Mar

30c

14c

59 %c

Jun

Apr

lie

32c

.

Petrol Oil & Gas

43c

5.80

51c

61c

55c

37c

_100

—^___

Oils

Jun

6V4c

lOc

15%

6.90
60

{<:

Peruvian

Jan

56,500

33c

51c

Jan

1.35 Mar

10,000

39c

preferred

Gold

Jun

17c

6.00

5%

58c

Feb

Apr
Jun

5%c

lY

Gas

Gold

Jan

24c

7%

9%c

2.56

67

50c

Apr

3%c

33%

__

__

Jan

20c

3.00

Nat

Penman's Ltd

1.70

21c

__

1.00

May

40c

1

River

4%c

7%

__

7%

14%c

37c

97c

Jun

103

11c

24

Jun

7.85

Consol

6%c

308

Jan

60c

66

V

f

Petroleum

May

95c

22

17c

Parker Drilling

Jan

1.31 Mar

July

Jan

2.95 May

7.60

$;'■

1.60

2%c July

65c

1.96

7.75

10c

2,200

3c

2,200

...

67

Oil

1.68

__

Jan

Jan

1.30

1

Mines

1.64

1.41

50c

80c

4c

Jun

1.65

__

Mar

15c

Jun

2.40

60c

17c

Jun

1.26 Mar

•

1.35

1

21 %

2,500
18,100

•

-

(Eastern)

22%

6c

25

Apr

-

•

Page Hershey

Jan

»

Corp common

6%c

Pacific

Jan

Jan

,»

preferred

2,500

Jan

17%

Z*

Petroleum

Montreal Locomotive

7%c

Jun

17x/2

8%

•

Containers

Monarch

7c

28c

Jk

,'
*V;Y

1.75

Feb

Jan
Jun
Jan

Jan
Jan

8.00

Purdy Mica Mines

Apr

Quebec

Jan

Quebec

9% Mar

Quebec

23c

Chibougamau

Copper Corp
Quebec Labrador

9% Mar

6%

Queenston Gold

67c

Jan

May

27

Jan

2,085

28%

29

1,015

25%

25%

38

105,350

60c

Mar

12c

6,140

10c

Jan

15 %c

Jan

3.00

3.00

1,200

Feb

3.85

Jan

53c

92c

3.00

2.50

21,500

37c

Mar

21c

21c

-21c

500

18c

19

18%

19'%

1,880

90c

81c

90c

45c

45c

Mining

1.04 May

73c

May

Jun

43%c

Jan

13% Mar

20%

Jun

32,600

54c

Mar

94c

Jun

23c

Apr

Feb

43c

Quemont

1.04

11 %c

1.00

-——4-.

Metallurgical
Quebec Nickel Corp

2.45
14c

2.15

Jun

Mar
Feb

Radlore
Red

Uranium

Mines.

10

Feb

15 % July

10 y2

Apr

15c 16 %e

Reef Petroleum

■s

11.

9%c

—1

14c

Jan

2,100

65c

Jun

95%c

9,050

8c

4c

?

70c

9c

15c

I———50c

Utilities

13,200

65c

4c

1,000

3%c

Apr
Feb

2.55

Poplar Gold—.

Redwater

Regcourt

Corp

Modern

7%c

35c

50

6c

"•

•

85c

3,689

7c

Mindamar

Jan

500

2.40

8%

*

58

6,300

22%

•

Brick

75

Jan

38c

21 %

6c

Minda-Scotia

61c

72

1,000
1,486

90c

2.03

*

Mill City Petroleum

61c

90c

21%

8%

»

61c

35c

21 %

__

loo

Tramways

2.85

Navigation

22%

13.50

Mexico
Midcon

Jan

Coyle

67,540

•

1.40

Pacific

Jun

Paramaque

1

& Power

1,300

May

Osisko Lake Mines

Jan

Pan

1

Mines

2]24

fJar

Feb

4,800

1

Uranium

May

8%c

12c

.2.60

Mines

Jan

•

Island

Merrill Petroleum
Meta

Copper

Apr

1

12c

Jun

Iff

68c

1

Lake

19c

7c 1 Mar
5c

750

■

;

Ltd

Co

56c

*

Lake

Red

^

6,500

>■

'9

.—10;v

Pyrites

16%c

5

4.25

*■>

Jun

*

Mclntyre PorcuDine

Jan

Tot

Mar

100

McDougall-Segur

8c

2.10

2,171

11c

—

July

•

:

2,090

J"

-ti

Oils

9c

1

common

Preferred

10c

7c

7 Vic

-

Selections

Okalta

18c

•

Feb

25c

Apr
Jun

;V

2

Ogama-Rockland
Oil

41c

•

Ltd

19c

10c

2.20

V

:

Ltd

6,000

1

Ltd

Oils

Massey-Harris-Ferguson
Maybrun Mines

2.60

72c

Mines

132,400

•

.

'

11c

*

2.60

/

-r

47c

1

Martin-McNeely

2.55

—1&,

9c

1

Ltd

May

May

Gold

Pioneer

Marigold

18 %c

9c

12c

——

41c

1

Malartic

Feb

12,660

(1940)

9c

__

•

Gold

9c

12c

14 %c

2.80

Ltd

45c

100

Maralgo Mines

Jan

12c

Tubes
Pamour Porcupine _•

1

Eastern

&

7%c

19c

Ontario Loan

1,180

____l

Goldfields

Apr

Jan

Jun

71c

44

1

Manitoba Sugar preferred

4%c

13c 14 Vac

1,000
17,500

.1

:

Mines

Mines

O'Brien

1.

Manitoba

4%c

9%c

'

9%c Mar

56%

•

Magnet Consolidated

4%c

.1

—

shareholders

July

5%c Jan

43%

___*

Madsen Red Lake Gold Mines

Jan

.1

Trinity
2
_i
Empire
Mines
Co
Ltdbeing distributed amongst

25

54%

l

A

Feb

19c

2.40

Gold

1

B

7%c

Jun

Oils--

1

MacLeod-Cockshutt Gold
MacMillan

Jun

8%c

«

Assets

190

44

1

Mines

4%c

5,375

ii

Pacific Petroleum

Explorations

Mackeno

Jun

2,500

10c

Northern

425

600

1

Mines

4c

May

4%c

3.00

Canadian

16

5,000
4,250

1

Mines

Macdonald

119,500

19c

4%c

1

_

Star Oil

3.75

,__1

Goldfields

Jan

9%c May

t 72

Mines

5c

56%

♦

Mines

Jan

July

Mining

9y4

•

Uranium

Jan

12%c Mar

Jun

7c

.1;$

1.70

Jun

•

Long Island Petroleums

5c

,20c

34c

__1|

Warrants

Lorado

500

Jan

15 %c May

4c

Norgold

20

61c

1

5%c

Apr

9c

2.11

Jun

Jun

-1

Norlartic

6%c

•

Lomega Gold

2,000

2oC

Jun

Jun

6c

Feb

Mines

13%

2.10

A

16c

12c

91

4%c

1

Normetal

3.60

•

class

3,500
23,300

4%c

-IVY

Jan

5%c

Liberal

Groceterias

1,500

99c

9%c Mar

,

__1

z,

Mines

13

10c

Class B

12c

6%c

July

8 V4c

Oils of Canada
Ltd

Mar

6c

1

Loblaw

Jun

5c

15 %c

Mines

Thurbois

20

~

1

Long Lac

13c

6%c Mar

3,700

4,500

4 Vic

Yellowknife

15 %

20

Lexindin Gold

Little

10

5%c

__

16

Lencourt Gold '

Petroleum

Jan

Jan
Feb

3.60

Mines

40c

/

Jan

1.80

Mar

1.45

*

Preferred

Jun

May

66,500

Warrants

1

Candy

Jan

15c

I39c

1

;

North

•

Lapa Cadillac
Secord

Feb

19y2c

May

■

Ltd—

Sons

&

48c

May

*

Senator

North

Lang

July

12c

7c

Norpax Oil & Mines Ltd_;._;
1.45

5%c

Jan

Being exchanged for Belcher Mining
Corp Ltd one new for five old

Laura

15c

6c

7c

Nor-Acme Gold

13c

1

Mines

Jun

24c 27 %c

25 %c

;

Rouyn Merger
^
New Ryan- Lake
Mines—

14c

Gold
&

3.0J

500

:_1

:

New

1,500

»

Oils

Feb

24%c May

Jan

12 %c 12V2c

1

__i—

Pete

3,000

Mines

Landover

Jan

1.53

12 %c

1

Richfield

34c

1

Lamaque

Jan

1

Oils

Pacalta

20c

Mines
Wasa Mining

La

Ltd

Norzone

New

•

Woods

2.60

Jan

75c

20c

5V4c

__i

Explor

Gold

6%c

8hore j

the

:

Mines

18c

1

of

Jun

16c

1

Marion Uoltl

28c

Mines

Lake

14c

94c

Mines

6%'c

Osu

Lake

Mar

6%c

Mines

18c

Lingman

Lake

81c

13,750
5c

U

20c

Lake

Jun

12c

New Laguerre
New

6%c

Ltd

Dufault

40c

"4,733

New

32'/2c

Mining & Exploration

Lake

May

1.29

2,000

Higliridge

New

Labatt

2.70

91c

15,500

1

Ltd

Feb

36,365

—

__1

Mines

1.60

Feb

5,955

Goldvue

New

Copper

Oils

Kroy

5c

21%

18

'Klondike-Keno
Kristina

21

10c

Kirkland Hudson

Kirkland

21

128,000

*

Keymet Mines

Lake

10%c ll%c

.—1

—___

Keyboycon Mines

KirkianU

11 %c

_—1

—

Jan
Mar

Jun

22,100

"

Mines-

Warrants

Newlund

Kerr-Addison

-•

Jan

_1

Gold

Jun

13c

70c

v-

Jan

55c
60c

19,800

HO%C

t

Ltd

Joburke

1.77

900

1

New

Jet

Jun

2.68

Jan

3,663

New Fortune

1.70

,26%c

14c
-

-

7%c May
Feb

10,341

—__1

Development—

Petroleum..

Devon

7%c

I

Jan
Join

26% May

28 %c

"

Mineai_>wt

Dickenson

New

8c

_

7%
2.09

<

1.38 May

42,200

1.77

(1939)

Jun

28

Mar

2.23

New Delhi.

1

Mines

Apr

Jun

Feb

9%c Feb

1 2.44

-1

.

NcWwLuuuneiital

1

Jellicoe

25

Jun

57c

12%

Jan

l.*u

335

11-%

Mar

1

_:

nmnwfci Oil

Concord

Jaculet Mines
z

22c

170

1.68

,

25c

Oils.

Jasper

Oil

High

Apr

21%

24%

5c

Jan

11%

>-

_u_—

Uranium

CkJiittlet

New

34 %

New

Jacknlfe Gold

Labine

New British

7,375

21%
"

9%

200

11

16 y2 May

3.50

15% May

class

Car

Nesbitt

Jan

8%c

5•

405

13%

20

3.35 Mar

2.00

133 134%

21%

Line

20

11%

13%

Apr

42%

41

134%

International Petroleum

Interprovincial

101% 101%

__

"41%

common

Preferred

11%

•

common

Preferred

New

International

11%

Negus Mines,

43

43%

__

2

A

Range Since Jan. 1

High

v

.—

7% May
25 % May

10%

Shares

1-13%

com

Preferred

National

Preferred

for Week

Low

42

Jan

Sales

Range
of Prices

Sale Price

High

Jan

28

Week's

Last

STOCKS

Range Since Jan. 1

High

41

__

Friday

for Week

0f prices

Last

oTftrKc
STOCKS

Sales

weekv
Range

2.60

200

2.30

1.20

Jan

12c

Jan

7%c

Apr

3.20

Jan

15

7

Jan

May
9% Mar

Renabie Mines

Rexspar

Mar

53c

Jun

Mar

23c

Jan

15

Jan

16%

Jan

Robertson

24%

Jan

30%

Jun

Robinson

25

Jan

28%

Apr

Class

Rio

A

56,800

87c

Mar

54c

50c

55c

35,492

43c

Jan

-_1

1.26

1.24

1.29

17,410

19%

19%

19%

95

11%

11%

100

15

,15

100

14

-1,

Prado Oils

"Rix-Athabasco

99c

-_1

Uranium

41c
10c

Apr

1

92c

95c

1.24 May
74c

May

'

Uranium

Mfg
Little

$1

preferred-

common

1.10 Mar

1.65

Jan

20

Apr

10% Mar

11%

Mar

15 Ya

Apr
Feb

18

Feb

-

*

Number 5339

Volume 180

.

..The Commercial and Financial Chronicle

(93)

CANADIAN MARKETS
RANGE

Friday
STOCKS

Last

Sale Price

Par

1

Roche Long Lac
B

Rowan

May

19c

Feb

Vicour

l%c

l%c

6,500

lc

May

27/8c

Jan

Violamac

14,000

10c

Feb

21c

Apr

Vulcan

Oils

Walte

Amulet

12c

12c

14c

7c

6%c

7c

44V2

44

46 %

1,445

3.05

3.25

4,725

io%

11

1,460

10%

Jun

13%

Feb

7Vic

9c

16,000

7%c

Jun

17c

Jan

4c

4%c

47/ac

Jun

15%

18,000
515

2%c May

15 %

15

19%

Feb

•

7Vic

1

Industries

4c

•

common

15 %

52%

5iy4

52 %

Antonio

Gold

1

1.35

1.35

1.37

Gold

River

Scurry

Jun

3.25 July

Jun

Walker

G

2,445

37%

716

1.26

Jun

6c

52 y2

Jan

Weedon

6%c

5,000

6%c Apr

1.72

1.87

7,300

1.60 Mar

30c

500

30c

,

•

Consol

Shawkey
Sheep

9V2c

2,600

Jan

15%c

2.53

77,420

1.50

Jan

2.53

Jun

Western

50c

1.05

1.05

1.13

17.306

1.05

Jun

1.45

Jun

Western

•

1.80

1.80

1.86

2,550

1.55

Jan

2.20 May

2,315
1,350

22c

Power

7%c

50c

4.10

•

common

46%

48

1,368

49%

1

Gold

Breweries

48

50

Mines

Voting trust ctfs
Silanco

*

com
_.

(1954)

50

170

7%c

5,199

4.10

29,118

7%c
4.00

28

28

28

26%

27%

13c 13 %c

48

•

common

Preferred

:

Silver-Miller

5

_.

50

Jun

11c

1

42c

Mar

Leaseholds

Wilrich

Jan

28

23%

Feb

28

13c

Jun

,,

Jun

87c

24

class A

Feb4'

34

Feb

35

Jan

Oils

Stadacona
Standard

52

52 %

140

*

50c

55c

2,800

33%

33%

160

12c

15c

3,900

Petroleums

Mar

13%

Feb

Jun

53%

May

80c

Winchester

34

Jun

25c
34c

26c

600

25c

23%

808

20

10%

100

36c

52c

23,499

36c

1,000

10c

50c

21

36

11 % c 11 % c

20%

21

Jan

515

1.00

Jun

Apr

21

36
13c

i5y2c

15 %c

17c

10,000

3.45

2.78

3.60

326,910

24%

24%

350

17%

17%

595

104

104

5

10c

10c

500

2.25

2.40

1,700

1.65

Feb

1.10

1.15

5,000

1.10

Feb

12

12

25

50c

Inlet

Switson Industries

Gold

1

Pearson

10c

*

Sylvanite

—

10

preferred
Teck-Hughes Gold Mines

——

1.12

1

5c

Jun

6.50

13c

Jan

Calgary ^
Thompson-Lundmark

2.05

1
*

______

Tip Top Tailors.-

99c
12 %c

*

3.60

Feb

Jun

25

May

Jan

18

Apr

Jan

105

10c

20c

May

10 (A

2.20

16,255

99c

1.01

3,100

99c

1.22

12

Jun

1,500

12c

May

1.83

Jan

2.70

Apr

2.05

Silver

20

18

80

*

44c

40c

45c

Jun

Jun

Jun

2.65

Feb

1.60

Jan

Jari

1.55

1.50

1.55

3,100

Jan

25

35c
.

Feb

19c

18

4,600

,_1

f

Jan

Mar

61c

Jan

1.70

1.20 Mar

Jun

*

14%,

14%

14%

400

13

Apr

20

___»

Toronto General Trusts

31%:

30%

31%

60

30

Apr

34

May

22

22

65

17

Jan

23

Jun

38%

39%

3,512

32%

Jan

40 V2

Jun

*

22

Traders

•

39%

class

A

14%
a

4% %

99%

99%

50

40

42

41%

42%

790

•

preferred

8,182

100

preferred

„

Empire

Trans

Era

Trans

Mountain

Oil

Petroleum

Trend

Triad

Union
Union

Union

United

25%

24%

33 %c

93

Feb

99 %

Jun

41 %

Jun

42 y4

Acceptance

3.00

20%c

9

Mining

9%

•

pfd

Gas

40

1

Keno

1.85
40c

4,589

19%

2,650

31c

Jun

5,500

7c

Jun

14 Vb

3.00

3.15

16,855

19c 20%c

16,400

17c

%-

9%

100

38%

40

780

17c

19c

1,500

9

2.55

4,000

5%c Jun

8c

8c

1,000

5%c Jun

9%

9%

2,955

5

5%

200

1.67

1.64

1.67

7,135

102

•

32c

1

7%c

Zinc

&

Canuck

Yellorex

Oil

Mines

Yellowknife

1

Bear

Mines

60

60

22

56 'A

6.50

1,000

25c

27c

7,800

Upper Canada Mines

1

Van Roi Consolidated

*

93C

Jun

35c

9%

Jan

Jun

Apr

6.35

12%

•

Ltd

Viceroy Mfg class A




—

*■

17%

102% May
6

Jan

Jan

1.96 Mar

22c

1,000

Mar

41c

Jun

6c

May

10c

Jan

5%c Jan

6,100
17,500
•

Feb
Mar

9c

Feb

3,000

14c

13c

14c

9,175

9c

Feb

1.47 Apr
22c Mar

19c

16c 19 %c

14,300

15c

Jun

27c

1.14

-

Jan

Feb

Exchange - Curb Section
Week's
Range
Low

5

Develop

Shares

Low

7

High

300

7

Jan

25

30

30

9%
29

13

Mar

Jan

31% Jun

Jan

24%

Jan

10
Apr
31% May

8%

3,315

12%

9

7%

50

9%

28%

9%

Range Since Jan. 1

High

7

•

Newfoundland

Sales
for Week

of Prices

♦

Canadian Pulp & Paper

Asbestos

Corp

•

—

Brown Co common

1st

Canada

&

Dominion

New

Industries

Sugar

•

*

Marconi

Canadian

Lumber

110

Jan

87

1,350

5.60 Feb

19%

1,035

17

Jan

26%

26%

23%

Jan

35

Jan

51

1,290
3,775

20%

895

4.70

20'/a

52%

20%

—

13% May
May

102

Jan

6.25

ip%

19%

1

Western

Canadian

100 100%

•

common

325.

3,105

6.00

__

•

:

common

Canadian

100%

8

Canadian General Invest

Canadian

13

*

preferred

,

__

1

Bulolo Gold Dredging

4.75

350

*

7.25 Feb

19% Apr
26% Jun
52%

20% July
4.40

-

Jun

20% July
5%

Jun

Feb

*

10

10

25

10

Jun

12%

—

66%

64

Jun

497/8

49

68
49%

222

•

Paper

10

*

Westinghouse

Dalhousie

Oil

1,100

40% Jan

70
Apr50% Jun

10c

•

Aircraft

deHavilland
Dominion

Dominion

Glass

16c

•

Bridge

*

15c

•-

16c

3,000

110

110

200

98

.*

Apr

16%

—

16%

*

common

17%

865

15%

Apr

40%

40%

150

35(4

Jan

7%

Utilities

72%

^5

Paper common—

International

33%

70
33

72%
33%

l

1,374
1,257

—

8

8

100

*

Interprovincial Utilities

Feb-

23 %c Apr

Feb

130

Jan

18
Mav
43% May

Ontario

5.25
25c

Feb
Jan

14% May

Jan

61%

Paper

6

72% Jun
33% July
8% Jun

47

49

135

34%

Jan

49

Jun

36%

36

36%

4,395

28

Jan

37

Jun

1,641

,3.50 Jan

__

Pato

Consolidated

1

4.00

4.00

4.00

Oreille

1

5.25

5.25

5.50

2,510

Price

Bros

•

39

38

39

1,735

Third

Canadian Gen

5%

5%

300

32

33
54c

405
2,600

Apr

98c

.

Thrift

Stores

Yukon

72c

Jan

11%

Apr

13%

j—*
—2

—

1

FOOTNOTES
•

No par

a

Odd

Jan

1.47 Mar

Invest

Consolidated

Jun

7.70

Feb

July

Jan

54
Jan
28% Mar

_5

—6
<te

Jun

sale

(not included

year's range)

Jun

1.67

Jan

d Deferred

Jun

5c

Jan

e

3.55 Feb

32

4.00 Jan
.

Jan

5.65 Jun

39

17%;

17%

5,520

14 V4

Feb

20% May

8%

750

7%

Feb

8% May

r

Cash

*

delivery

sale (not Included

ex-interest.
(not

23(4 Jan
50c

Feb

t Ex-liquidating dividend,
(Un) Admitted to unlisted trading
privileges,

wd When delivered.
wl When issued,
x

Ex-dividend;

y Ex-rights,

price.
sale

53c

4.80 Jan

Jun

6.00 Feb
33
59c

OUT-OF-TOWN AND CANADIAN MARKETS
in

year's range).

Selling

t Flat

FOR

__

53c

value.

lot

3c

'

5

1.55

1.33

Anglo

1.01

■"

97%

1.30

Par

700

V

6 Vic

Last

Andian National

2,000

r

7%c

Friday

1.02

8 %"

35c

7c

Sale Price

in

Vpntures

32c

25

1.30

STOCKS

3%c

1.02

Jun

Canadian Fonda

3d

~

Feb

May

625

9,825

102

6%c

•

Toronto Stock

Minnesota

4.40

3.30

25c

81c

Feb

9c

1

i

Loblaw Inc

Jan

6.50

12%

9c

10

May

1

Metal

Jan

22c

•

12%

7

Jan

Jun

1

Yukeno Mines

Jan

Jun

12%

82 %c

6c

May

80c

9Vic

3.50 Mar

15c

700

•

5VbC

May
c

42

58,565

•

30

Jan

4.20

Oils

Jan

8% Mar

14%

Steel

Jan

33

3.90

United

6%c Mar

Pend

19c

14%

United

Jan

42c

10c

1

Mines

Jun

2.55 Feb
65c

25%

4.20

50

Hill

Jan

33c 33 %c

14%

1

_

Corp class B_

Montauban

8,100

49c

103

Jun

9.c

1

Corp

United Fuel A preferred
United

40c

41c

•

United Asbestos
United

2.08

40c

*

Oil

Tungsten

1.90

•
•

Pipe Line

Transcontinental Resources

1.91

•

Oils

Oils

Jun

3,150

1

Lead

Yankee

International
Trans

Jan

5,100

Mar

46% Jun

Feb

'

5 7c

95%

7c

Yale

Consolidated

Toronto Iron Works class A

5.80 aMr
95c

Feb

23% May
15%
101

12 %c 12 %c

18

Jun

Mar

51c

100

Jan

28c

May

1.65

*

Texas

163

Apr

1

Surf

Finance

19%c May

34% Jan

8c

Jan

8.65

1,690

21,485

—

101

4.15

36c
•

7c

•

Jun

8.00

17%

283

9%

Jun

Mar

18%

36
5%c

•

3,000

»

Jan

7.65

;„25

1,600

70c

42%

1

Alexander

Jan

18c

May

29

500

4.35

42

5%c

1

Mines

Winnipeg Electric preferred

11% May

35,
5%cs

100

Elevators

Mar

26y2 Mar

Jun

7.70

oupertest (ordinary)
Preferred

Toronto

Feb

Jan
Jun

23

May

May

6%

1

Mines

Gold

12c

Jan

Feb

26c

11 VaC

Larder

Gold

Anglo

Torbrit

10,650

30c

Feb

1

Superior Propane Ltd pfd

Tombill

20% Jan

49c

Wright-Hargreaves

Jan

Jan

12c

10%

*

Mines

Contact

Taylor

33c

21

7c

Jun

29'A

22%

1

Mining

Cons

44c

Mar

40c

22 V2

•

Sullivan

Jun

21% May

47%

10 %

•

Sudbury

9c

Jun

49c

Wiltsey-Coghlan

Zenmac

33%

1

Gold

Iron

Apr

11%

Apr

13(4 July

*

Ltd

Gas

&

13'/a

9%

*

Bros

Rock

35c

115

"

Canada

Steeloy
Steep

(1944)

class A___

Olsen

of

2,550

•

Mines

Stanwell Oil

Steel

40c

13%

39c

•

Ltd

Paving common

Stedman

14% Mar

50

__

Standard Radio

Starratt

523

3,260

25.307

1.20

I.:— \r.;/.

Co

^oooner

100

1.10

20

13(4

Valley

Southam

Apr

13c

Jun

81c

35

1.00

11

1

■

Jun

5 Vic

100%

101

Winnipeg & Central Gas

Jan

18%

19%

new

Somerville preferred
Souris

22c

65c
*■
——

Windward

18c

17

10%

♦

Co

N

2,000
1,000
22,600
515

4.15

—'

May

19

10

35

•

,

Gold

Slater

May

60% May
5% July

4.30 Mar

13c 14 %c

13c.

Ltd

May
.

Jun

17 %

17 %

1.10

1

Simpsons Ltd
Siscoe

Jan

Mar

13

9.00 Jan
50

Jan
Jan

50c

May

Jan

17(4

___40

.-

Mines

Silverwood Dairies

27c

20%

20%

(Geo) common

Wood,
Ltd

22c

5%c

24c

25%c

Tungsten

Weston

May

Jan

7%c May

4,000

13C

Jan

44 V2

655

1

,

39

10

27%

1

Mining

Silknit

22c

5%c

8c
2.20

Feb

2.20

A

Creek

oicks'

&

28c

4,875

5%

lc

1.85 Jan

87/ac

13

59%

4.90

1

i

Ashley

2.26

12

58%

5%

1

Oils

Products

8%c

12%
53%

•

common

Pyrites

Territories

Western

Jun

High

6%c

1.79

•

;

W

Equipment

Wekuso
West

*

Petroleums

Water

Preferred

Low

6%c

1

Preferred
Shawinieran

Range Since Jan.1

High

1

&

Waterous
"

Ltd

Oils

Low

Feb

46%

1

Freehold

Security

18c

Jan

3.05 July

Ltd

Petroleums

Rainbow

Jun

Shares

1

Mines

Westeel

1

Sapphire

6c

37%

15,000

Mines

Sales
for Week

Range
of Prices

Par

11c

Corp

Sand

High

10,500

•

;

Oils

Last

Sale Price

<■»

•

,

16c

Lawrence

->an

Low

High

•"

-

3.05

Rupununi Gold

St

STOCKS

Range Since Jan. 1

10

—

Week's

Friday

Shares

•

Royame Oil

Russell

2

14c

Rights
Rundle

JULY

for Week

1

:

Bank

ENDED

i%c

Silver

Roval

WEEK

14c

warrants

Oils

Roxana

Roy

Range
of Prices

Low

1

FOR

Sales

Week's

Included in year's range).

1

Ex-stock

dividend.

Jun
Jan

45

V

46

The Commercial and Financial Chronicle

(94)

..

Monday, July 5, 1954

.

OVER-THE-COUNTER SECURITIES
Quotations

for

Friday,

July

%

Investing Companies
Mutual

Par

Funde—

Kid

Obligations of Government Agencies

Mutual Funds—

Ask

Par

1.09

1.20

Investment Co of America—

5.34

5.78

Investment Trust

4.29
13.81

4.58

Johnston

Inc—.1

15.01

——-—1

10.92

ll.UO

B-l

(Investment

Axe-Houghton Fund "A" Inc__l
Axe-Houghton Fund "B" Inc—5
Axe-Houghton Stock Fund Inc_l

10.30
20.56
3.27
9%
3'/«
10.83

11.18
22.35
3.57
10%

B-2

(Medium

B-3

(Low

3'%

K-2

(Speculative

11.77

S-l

(High-Grade

21.89

23.54

8-2

26.37

28.51

25c
—1.25
American Business Shares—_—1
Fund

Aberdeen

Affiliated

Fund

Inc

American

Mutual

Fund

Fund

Mutual

Beneficial

Inc

--—1
Corp———1

Corp-

Blair Holdings

Mutual Fund Inc—1
Bond Inv Tr of America
"
Boston Fund Inc
1
Blue Ridge

Broad

14.02

com—100

Securities

Preferred —-—100

Fund

Colonial

Fund Inc

Fund

14.80

10.43

1

10.20

De Vegh

Mutual Fund Inc

11.78
45.17
19.97

1
--1

Fund

Delaware

1

Diversified Investment Fund—1

5.00

3.74

shares

___—

1

shares

4.34

6.03

6.64

4.93

5.43

lc

4.60

100

100.3

8.02

Ctfs
Mass

beneficial

of

Inc

interest—_1

Growth
Life

——1

11.88
tl7.54

18.76

tl4.69

15.70

5.80

6.01

Net

12.91

two-for-tone)

Fund

—

(split

Shares

—

Fund

-20c

Inc

Fidelity Fund Inc
Financial Industrial Fund
First Boston Corp

Formula

._

5

20.63

of

31.90

Bid

Certificates

Inc_l
—10

2.88

102.22

100.12

100.20

112%

113

1961

one

15,

Bid

l%s May

17,

100.16

100.18

l%s Oct.

100.20

1955

100.22

27%s March

100.13

1 %s

_

1 %s

—

April

1,

1,

April

1956

101.2

1956

1,

1957

l7/es Dec.
15,
1954
l%s March
15,
1955.

100.18

100.20

101.10

101.12

1 %s

100.22

April

1,

103.30

100.14

l%s Dec.

100.20

101.3

103.28

1957—

100.22

100.12

100

99.24

100

99.24

1, 1957
l%s April 1, 1958
1 %s Oct
1, 1958
l%s Feb.
15,
1959—

1955

101.10

101

15,

l%s Oct.

Treasury Notes—

15,

Ask

Treasury Notes—(Cont.)
100.13

100.11

1954
1955

32nds of a point

more

100.11

1954

Feb.

l%s

or

Maturity—

100

100.17

1959

100.19

99

99.3

Federal Intermediate Credit Bank Debentures

8.41

9.24

13.00

13.00

Bid

Ask

Bid

Ask

2.35%

11-

2-53

8-

2-54

b0.95

0.65%

1.30%

6-

1-54

12-

1-54

bl.15

0L95 %

2.25%

12-

1-53

9-

1-54

bl.00

0.75%

1.50%

4-

1-54

1-

3-55

bl.20

1.00%

1-

Dated

2.15%

Due

Rate

Dated

Due

1

—1

11.22

12.20

1

16.86

14.35
9.87

6.80
7.88
5.07

5.54

-1

3.62

1.45%

5-

3-54

2-

1-55

bl.25

1.05%

bl.10

0.90%

1.40%

6-

1-54

3-

1-55

bl.25

1.10%

1-54

bl.10

0.90%

1.30%

7-

1-54

4-

1-55

bl.25

1.10%

1.

3-

1-54

12-

1-54

bl.15

0.95%

8.61

1

0.80%

1-54

11-

7.43

1

bl.05

11-

10.79

1

1-54

1-54
3-54

15.51

1

10-

25-

18.10

1

interest-

4-54

1.90%
1.35%

Corp—

beneficial

lc
Preferred stock series——lc
Fundamental Investors Inc—i_2
Futures
Inc
1
Gas Industries Fund Inc
—1
General Capital Corp
1
General Investors Trust1

7.58

_________

Stock

Series.......

^

Speculative Series

1

5.89

6.44

1

12.86

14.05

4.58

5.02

2.95

3.23

19.34

Natural

_

Stock

Series-

of

Resources

Canada

6.82

7.52

22.84

25.03

2.53

2.75

Series

1955

20.72

22.40

Series

1956

68.67

6.11

6.64

1

Fund

England

North

American

Trust

preferred

-

8.26

14.62

& Trading
Philadelphia Fund Inc

Building shares

:—lc
Fund
lc

11.65

12.76

Pine

7.10

7.79

lc

9.30

10.74

(The) Stock Fund.lc
Electronics & Electrical

9.76

10.69

shares

Equipment Shares
lc
shares—————lc

Food

Price

Fund

5

99.997

15,

1954

99.983

99.988

^August 26, 1954
September 2, 1954

22,

1954__

99.970

99.977

September

9,

29, 1954
August 5, 1954-

99.958

September

16,

99.946

99.967
99.955

September

99.933

99.943

September

99.921

12,

1954

August

19,

1954——

_

Fund

Fund Inc

&

Bank

Bankers

42.61

43.47

of

Chemical

16.29

17.61

Commercial

20.87

22.58

Continental

•

31.35

31.35

Corn

First

49

Harris

State

Bk
&

Tr__25

&

45'%

48

Northern

Exchange

Bank

3%

9.80

h

15.19

16.42

Empire Trust

7.49

.1

29.84

32.25

Federation

.1

9.30

10.18

Fiduciary Trust

66.75

70.25

Finst

1

25.76

25.76

of the City of N Y
Franklin National Bank—

lc

7.75

_lc

2.96

_lc

4.52

4.97

lc

8.62

1

3.20

shares

(net

8.50

shares

Fund

17.19

(stock shares-

lc

8.47

9.28

shares——;—lc

3.52

3.87

lc
Industry Shares Inc—1

8.01

8.78

31.50

32.45

shares

Tobacco

—

Utility shares
Growth

Fund
Fund

Hudson

United

8.69

9.47

1

Funds

5.97

6.52

Accumulated

.1

7.53

13.21

13.62

1

5.38

5.88

*

Inc

20.60

20.60

.1

14.69

15.97

13.38

14.46

.1

7.25

7.92

.1

6-76

Inc. .1

4.82

Foundation Fund Inc.lOc

2.17

12.27

Science

13.26

Incorporated

Investors

Institutional Shares Ltd—
Institutional

Value

Fund—lc

Bank

93c

1.02

Institutional

18.90

Fund.lc

Growth

Institutional

17.24
16.34

17.87

lc

5.29

5.79

Institutional Inc Fd Inc
Institutional

Insurance Fund————lc

1.38

1.52

Income

Fund

Van Strum & Towne Fund Inc .1
Wall

-lc

Fund

Foundation

Line

Street

Investing Corp—__1
Mutual

Washington
Investors

Fund

Inc

Wisconsin

Par

Casualty

Surety

&

Aetna

Insurance

Aetna

10
—10

Life

Co.

10

10

Agricultural Insurance Co

Investment

Co

$1.25

Fidelity

49

66"%

687/s

87%

Industrial Bank of Commerce-10

28

71

9.15

9.97
16.25

National
New

1

21.35

23.08

Public

4.62

4.99

$2.10 prior preferred

51

54

29

30%

Massachusetts Bonding

5

28%

29%

30>/8

31%

Merchants Fire Assurance

5

53

55

—5

26 %

28(4

10

Life

Casualty

Merchants

(N J)

37%
281

__1

34

.

Rye

10

-

Manufacturers

11%
83%

85%

5

43%

45%

2

48%

50%

-iO

44%

46%

27

28%

34%

36%

Fire

64

68

New

Hampshire Fire

371/4

39(4

New

York

5

2614

28

North

-

Fire

5

River

2."'

338

348

Northeastern

3.23/.

Continental Casualty Co__

10

132

136

Northern

63

Crum

_12.5o

10

_10

12%

87

Forster

Employees

Inc

Group

Assoc
Reinsurance

*

59%

66%

Pacific

Fire

&

Assn

Deposit
of

Md

of

31

32%

Phoenix

10

77%

80%

'

Peerless

:10

Casualty Co

5

:

10

64

25%
116

Providence-Washington

10

29%

10

53%

2.50

63%

65(4

Reinsurance

_2

9%

5

337/8

35%

Republic

Globe

&

Corp____io

42%

44%

5

68(4

70(4

Republic

Globe

&

Rutgers

(Tekas)_

10

5

is%

20

44%

46%

Standard

38%

40%

Travelers

Fla)_2%

Fire

10
.e

Co




6.25

Surety Co.—
Security (New Haven)
Springfield Fire & Marine

5

(Jacksonville

r

Y)

Seaboard

5

i

File

American

Hartford Fire Insui

(N

10

26%
40(4
169

27%
42%
174

Accident

10

.10
'0

1

S

Fidelity & Guaras'y

U

S

Fire

...

e.

<.

H

_

.

u

Westchester Fi-

32'%
220

52'%

54

10

35

36'%

10

49%

51'%

25

Commerce

36'%

38

51

53

City

Angeles

Nat'l

Security-First

Bank_12.50

City

York

Bank

20

Trust

Nat'l

25

Bank

National

Trust_17'%

&

Bank

Nat'l

Mellon

53%

55%
123

120

43%

41%

5%

10
100

6'/a

First

|

16%
294

126

85'%

88'%

45

47

Mercantile

38'%

40'%

18%
304

26%

28%

53'A

52%

55%

Trust_20

29'%

25

49'A

—

Bank &

Trust

Co

&

Trust

fTrust

.

...25
20

United

100

160

Trust

&

65

61%
65

Bank

5 2'A

61

Grove Bank & Trust.—20

Tower

Bank

50%

17

Union

Bank

Louis

20

Bank-—20

Bank

Manufacturers

St

Bank-

National

National

65'A
.

—

Francisco

San

10

National

Boatmen's

Y.

State Bank of Albany

Trust—25

&

Louis

St.

Mutual
120

Bank

Peoples 1st Nat'l Bank & Tr__20

American

2

25

National!

Albany, N.

Pittsburgh

of

Amer

N

& S

T

A_ _6.25

35"%

37%

-

irity Issues

10%

Bonds—

Bid

Calif

Oregon Power
Central Power & Lt

3%s

1984

Commonwealth Edison 3s
Consol

Natural

101

99%

3'/8S—1984

Ask

Bonds—(Cont.)

Edison

101

102

102%

101'%

1017%

997/s

100'A

Virginia

101%

101%

West

1984

Houston Lighting Power
Iowa Public Service 3s

65

97%

Light 3'As
Electric 3%s__

3s_1989

99%

100%

Gas

Power

Penn

-

1984
-1984

3s

Electric

_1984

3'/8s

98

1984

98%

67
26 %

31%

"•
.

v
0

—3
2

53

10'%
56

42%

44(4

44

47

43%

3%s

Power

Paso

Nat

&

Lgt 4%

Gas

5.65%

pfd—•
pfd_100

100%

101

1979

101'%

102

—1984

101%

101%

1989

100 Va

N Y State Elec & Gas 3%s_1984

103

103%

1984

100%

100'%

Mississippi Pow & Lgt—
4.36% preferred
100
Ohio Power 4.08% preferred_100

1984

100%

101'A

Tenn

3(4s_1984

103'%

103%

97%

97%

54%
54%

3 (4s

3%s
New

Jersey Bell Tel 3s

Penn

Gas

Public

Elec

&

Electric
Serv

3 (4s

3'/8s

El

&

70%

San

Diego

Gas

56%

Gas

& El 27/8s_'_1984

FOOTNOTES

56 %

1,275.

99'A

100'A

107%

108%

100'/a

Power

Long

Island

4.35%

Lighting—

100

preferred

Louisiana Power & Lgt—
4.16% preferred

100

•No

par

FOR

value.

72%

bBid

47

49

k admitted

28%

30

5.85%

preferred

to

listing

Exchange.

5.12%

preferred

OVER-THE-COUNTER
t New

yield price.

Stock

x

on

the

New

York

stock,

Ex-dividend,

wi When

y

k—
99'%

100

100'%

101'%

99%

100'%

104'/2
97'%

106
98'%

Gas Transmission—

—100

45%

1,235

100

103

Stocks—
Dallas

1974

Montana

120

99'%
102

97%

El

Laclede

Ask

100

-1984

1984

27/8s_.

Bid

_1974

Utah Power &

Wisconsin

Detroit

*

Southern Nat Gas 3%s

100

3'/8S_1979

Gas

.

101'%

—

Corp

St Paul Fire & Marine

Glens Falls—

205

264

55%

(S F)

General Reinsurance

Life

Pacific Indemnity Co

59

9%

Newark

Philadephia

Fireman's Fund

Firemen's

of

61%

10

of

31

50

_18

Pacific

.

4

Employers
Federal

Fidelity

64%

2o

th—

Co

First National Bank.

32'%

30

256

35%

.4

&

Bank

Trust

City Bank

40%

10

National

10

&

20

291

National Union Fire

5

Co

Assn

General Life—.

10
—10

common

New Amsterdam Casualty

67

Shippers

National

435

100%

30%

105

Ins

98%

287/s

65

Fire

Amer—5

Jersey Insurance Co of N Y

100

Insurance

North

420

47%

Maryland

lo

Camden

77

45%

Lincoln

25

Boston

73

36%

American Surety..

Connecticut

Ask

61%

Automobile
&

of

100

Co

Detroit

165

155

100

& Co Inc

(J P)

12.78

Casualty^

&

Co

of Freeport

Morgan

24.28

34

Re-insurance.,—_—5

Bankers

Co

410

26

24'%
25%

5

Home
Insurance

37

34

69

34%

(Newark N J)__2%

Co

American

144

293

Trust

Bank

Union

Los

10

11.92

10

287
395

52

20

Trust

10

United States Trust

Steamboiler

96

100

Savings Bk__100

90%

Bank

(The)

Manufacturers

Companies
Hartford

66'%

93

Meadow Brook National Bank

15.92

Bid

Bank

&

National

Jersey

5.27

32
59%

preferred

conv

Amer Ins

68%

100

20

22.27

P»r

Trust—33%

National Bank of Detroit

Trade Bank & Trust Co

Ask
152

66 %

40

20

1

;—

&

401

7.39

4

Equitable Assur

American

146
140

37

389

_____10

10

1
—

Ail

24%

40

_5

Automobile

American
American

Bid

22%

Bank

Franklin Square N Y

Sterling

Insurance

135

130

10

Guaranty Trust Co

1

Wellington Fund
Whitehall Fund Inc.

63'%

Cleveland

National

Irving Trust
Kings County Trust Co
Long Island Trust

2.38

1

United

National

Trust

&

Trust

Cleveland

8.24

1

Fund Inc

Inc

90

85

—16
10

Bank

Bank

National

Central

Hanover

Inc—

1

Guardian Mutual

Haydock

1

United

Bid

25

66'%

17.19

9.45

Railroad

4%

64%

Trust—20

8.94

shares

99.852

Trust

(ex-distribution

6.83

Bond

99.865

Illinois

National

497a

shares—:.—lc
shares——-——lc

Equipment

99.880

99.857
99.845

1954
1954

30,

Continental

47'A

Merchandising

Stock

409

47%

County Trust Co
(White Plains N Y)

value)

397

10

Mining

Petroleum

99.907
99.893

99.870

Par

—15

9.80

Common

23,

,___

City Nat'l Bank and Trust

54

11.41

asset

39 y8

52%

Trust

&

Bank

Stamped

Clark-

37 7%

100

9.41

Railroad

99.895

1954

Companies

—10

Bank

1

Clark

&

York

Trust

10.42

Bond

99.919

99.883

1954

Ask

10

Manhattan Co

Chase National Bank

(net asset value)

Stevens

New

17.23
21.79

Fund

Stevens

the

shares.lc

Institutional

99.908

Chicago

Bank of

16.89

Inc

(Geo)

Scudder,

14.09

1

Puritan

9.68

32

12.89

Bid

York

20.05

1

Scudder,

9.11

25

Growth Stock

(T Rowe)

Par

New

1

Fund

Putnam

|

Bank & Trust
7.20

27(4

shares—lc

Industrial Machinery

<*«»

99.932

July

2.50

Inc—

6.54

8.31

,

*

Inc_

6.36

8.83

shares

Fund

Street

Pioneer

5.96

lc

bond

General

Petroleum

5.80

administered shares—lc

Fully

6.70

25%

5

_

7.52

Common

July

R(«1

99.996

3.29

-

13.35

Chemical

July

Dollar Value

1954-

Shares—

Pacific Amer Investors cqm_ _10c

—lc

Growth

8,

Ask

7.10

—-——lc

Capital

July

Treasury Bills

Dollar Value
Bid

73.84

New

$1.50

shares—

'

August

Fund Inc

shares

Automobile

iied States

20.91

Series

Growth

Group Securities—
Aviation

3.98

Natural Resources Fund Inc.—lc

8.31

stock series

Corp..

Series

Income

12.27
10.88

Common

Series

Stock

11.20
10.00

interest

Mutual

___.

Investors

Preferred

44(4

42'A

Fund

Balanced

3.15

Fund
*
Franklin Custodian Funds Inc—

er

Ask

Indebtedness—

of

2%s Aug. 15,
2%s Sep. 15,

34.49

Shares—

Trust

National Security. Series—
Balanced Series

22.30

Boston—
shares—1

of

Fund

Beneficial
Founders

Hanc

102.14

Figures after decimal point represent

22.53

•

interest

value

asset

Mutual

Bond

Gulf

99.24

1958

1, 1959
Panama Canal 3s

25.15

20.89

of Boston Inc—1

Fund

National

two-

for-onei

Great

99.16

Nation Wide Securities—

(split

Fund

Balanced

Stock

Fire

101.30

1957-55

Howard—

&

Aetna

101

101 22

Fund—

beneficial

of

Mutual

Dreyfus Fund Inc——

Income

100 28

1956

U. S. Certificates of Indebtedness & Notes

Stock

—

Massachusetts

23.26

1

Investors

Fund

Mutual Invest Fund Inc——,-1

13.70
2.32

Steel

100.6

1955

8.79

8.34

12.05
2,11

RR

100 2

1955-54

2%s May

1, 1957

5.07

Inc—10c

Fund

Bond

3.94

lc
lc

—lc

-

shares

Mutual

2.50
25c

-

l%s June 1, 1955——————
2s June

1955

5.51

3.39

9.68

Shares—.L*—

E

Series

3.26

shares

6.87
7.61

Diversified Trustee Shares—
Dividend

4.32

2.96

Units
_

39.83

3.92

Steel

Diversified Growth
Stock Fund

x39.83

*

,

lc

Manhattan

11.15

11.66
44.72
18.16

Fund—,

100.18
100.3

1,

Ask

100.13

Massachusetts Investors Trust—•

Inc

Investment,

100.14
109.1

2%s Feb.

Maturity-

Equipment shares.lc

Paper

Income Fund Inc—__-l

Income

Value)

Petroleum

14.69

1,

1,
2%S May 1,
1%S Oct. 1,
2%s May 1,

11.46

17.77

De Vegh

Equity

—25c

Com

Fund

Trust

14.84
34 '%

2%s Feb.

1954

10.86

Sayles Mutual Fund—
Asset

16.75
13.59

100 %

2

1,

6.52

13,66
32 '%

100

—

Nov.

2%s Feb.

7.65

1

1

17,

2%s

100.076

Central Bank for Cooperatives—

10.64

1

Inc

Western

9.95

Non-Ferrotis Metals

Inc

Jan.

Bid

100.14

Federal Land Bank Bonds—
100.028

1954
1955

14.97

Stocks)—1

Com

Electrical Equipment shares.lc
General Industries shares—lc

8.13

15,

9.98

13.72

Fund

Automobile

16,07

7.48

Consolidated Investment Trust-1
Dividend

9.15

Stki_l

5.95

Business

140

1

_——

Fund

19.88

Stksi.l

Com

Managed Funds—

9,300

135

Bond & Stock

Composite

Composite
Concord

25.27

23.37

9,000

—1

Inc

Commonwealth Investment

12.17

22.08

-1

Fund

18.22

9.75

(Net

Christiana

Pfd

11.15

7.01

Loomis

12.95

1

1

Stocks)

1

Lexington

20.42

20.28

Stks)_l

10.93

1

18.59

Bonds)

Priced

30.01

1

Bonds)—1

(Low

10.11

Inc

27.27

Sep.

28.12

(Speculative Com Stk)—1

27.39

Fund

26.94

24.99

S-4

1

_

Inc

Fund

1

Bonds)_l

S-3

—1

Chemical

Eaton

(Income

32nds of a point

more

er

Ask

Banks—

Loan

Home

1.15s
1.30s

Bonds)

Pfd

Knickerbocker

Century Shares Trust

Crown

(Income

9.55

Bullock Fund Ltd

•

(Discount

K-l

Bid

Federal

Grade

B-4

27.55

Canadian

34.19

one

7.76

33.51

Figures after decimal point represent

15.22

Mutual

Priced

8.83

General

7.10

13.93

1

25.48

Street

Canada

1

Boston—1

of

Fund Inc

Green Fund Inc——10c
Invest Corp—5

Bowling

id

Keystone Custodian Funds—

Development

Atomic

(The)

Bid

issued,

Ex-rigihts.

100

ISSUES

Number 5339

Volume 180

..

The Commercial and Financial Chronicle

.

(95)

week Ended June 26

THE COURSE OF BANK CLEARINGS
Bank

Clearings this week will show

increase compared with

an

1954

Third Federal Reserve

liminary figures compiled by us based upon telegraphic advices from the chief cities

5£Sem

above those of the corresponding

stands at

for the week follows:

mary

Our comparative

sum¬

Week Ended July 3—

,

1953

1954

%

$10,627,350,144'

I

SM'' '

(11

+

9.6

+

1.5

1,186,000,000

1,133,000,000

+

4.7

619,122,887

619,704,007

368,940,545

367,042,726

338,900,000

342,400,000

571,381,000

529,960,973

Pittsburgh

408,181,106

419,529,230

Cleveland

469,472,665

520,012,039

308,981,(590

320,984,188

St.

City

Louis i
Francisco

San

.

Baltimore

■

—

+
—

+
—

—

—

Ohio

r

•

■*

O.ll

one

Total

3.7

3,426,426,385

+

4.8

Virginia—Huntington

Virginia—Norfolk
Richmond

I
III

+

6.3

685,285,376

+

*

We cannot furnish them today, inasmuch

the week

as

figures are not available at time of going to press.

In the elaborate detailed statement, however,

June 26.

was

an

week

same

in

an

to the Federal Reserve Districts in which they are

18.3%, in the Boston

reserve

was

increase of 19.8%.

in the New York Reserve District (including

(6

cities)

Tennessee—Knoxville

week ended

Mississippi—Vicksburg

—

following

we

furnish

clearings

Mobile

Total

a

gain of 13,7%, the bank

expansion

an

gain of 2.5% and in the Atlanta

2nd

New York

5th

7th

9th

St

8,895,585,764

1,170,434,439

+

7.7

1,195,467,199

««

Terre

San

Des

885,277,333

New

York

1.4

1,123,392,126

1,127,492,787

6.4

week

now

ended

add

detailed
for four

June 26

3,082,804

16,542,000

14,619,000

6.4

147,433,549

150,207,102

5.3

5,362,424

4,167,900

1.1

316,089,487

279,442,378

3.7

96,132,293

93,690,141

645,452,211

2.5

585,093,577

545,209,325

3.4

19,919,400
90,366,531
325,100,000

260,200,000

5,399,692

23,911,805
108,697,731
304,800,000

6,558,075
4,005,358
165,383,613

+

—.

—11.7
0.1

—

—15.3

19; 191,08k'

87,439,583

5,212,081

6,369,521

+ 23.8

4,141,361
135,282,002

132,755,653

8,396,963

7.8

—

+

144,304,764
7,132,461

12.8

+

3,914,763

108,443,144
107,812,882
6,663,530
419,577

14.4

—13.8

411,687

155,792,633

+

13.0

152,249,606

129,621,699

910,777,589

+

1.3

885,277,333

728,918,342

+

475,758

1,614,864

28.6

1,475,306

l,767,5tl8

14,061,336

—19.7

11,045,484

6,503,550

+14.7

6,358,177

12,390,266
7,125,993

+ 11.8

3,058,514

9,033,650
54,431,000
10,836,623
3,560,050

1.2

86,342,597

80,586,354

+

12,285,942

24.2

7,164,7711

+

8,192,799

59,5£fe,000

4.5

57,' * 9,000
15,987,069

2.6

—

2,969,811
96,848.957

4,799,751
32,392,470

—

12,917,962

+

1,207,859

+

4,20.9,938
12,539,097

4,621,593

32,159,172

35,149,179

0.1

13,103,768
1,314,309

15,430,55*
863,187,169

851,649,944
3,606,017

3,776,517

6.4

+

12,923,957
10,730,434

47.7

—

4,026,240

11,894,491
8,261,581
3,311,659

1.4

1,123,392,126

1,127,492,787

—16.1

4,013,424

1,173,374,840

2,128,583

2.1
5.9

—

9,943,883

5,928,174

4,466,367

2.4

—49.0

888,128,364

1,157,162,451

6.0

—

2,367,692

869,863,426

j.

(17 cities)

Missouri—St.

+

—

346,200,000
163.691,235

328,700,000

5.3

304,700,000

301,900,000

152,885,911

7.1

-

104,754,756

148,293,787
94,599,505

135,206,992.

114,386,277

9.2

.

2,053,896

2,145,730

4.3

2,355,869

1,894,214

626,331,408

Louis

588,486,397

6.4

549,949,161

528,108,765?

__

Kentucky—Louisville

Tennessee—Memphis
Illinois—Quincy
cities).

(4

Ninth Federal Reserve

89,107,559

+

District—Minneapolis—
6,192,542

481,635,750

South

400,079,326

351,250,292

935,091,222

4.8

1,011,920,369

962,959,941

18,425,704,637

+ 11.3

18,768,635,685

+ 13.7

8,964,708,750

—

3,737,428

+

10,490,041

486,038,857

Dakota—Aberdeen

Helena

462,119,999

+

286,915,7p;,
105,615.52*
6,567,008

2.2

3.931,468

3,728,890

22.6

3,328.675

2,952,688

+ 18.2

11,448,318

11,287,438

5.2

438,372,794

16,946,230,223

9,245,421,679

7,213,831

3,851,866

4,582,789

117,954,905

Paul

North Dakota—Fargo

1

7.0

7,180,996

Montana—Billings

20,515,487,760

300,254,025
105,636,106

12,396,879

425,149,617

+ 13.2

5.7

8,082,353

6,560.371

4.8

+

—

318,527,878
111,559,035
6,713,845

3.766,161

Minneapolis

593,158,400

410.204.216

14.5

+

7,239,906

333,964.585

Minnesota—Duluth

438,372,794

+

8,364,005,824

+

statement showing the figures for each city for the

(7 cities).

years:

$

Inc.

or

Dec. %

1951

731,357

7,086,004

7,465,733

150,331,873

s

$

First Federal Reserve District—Boston+ 15.7

1,867,352

1,889,022

City.

5,004,069

+

15.6

4,638,570

628,352,006

+

10.7

611,630,033

566,645,701

3,007,470

2,713,309

+ 10.8

2,111,448

1,181,562

1,080,447

New

2,891,713

3,218,189

11,719,888

11,225,203

131,369,834

5.1

+

380,938,829

10,059,831

21,859,984

13,863,666

2.6

388,068,565

303,145,025

—

2.4

10,988,356

10,553,588

2,963,008

+

40.7

3,001,270

+

3.4

2,692,946
3,112,503

2,681,666

577,943,739

+

0.3

593,158,400

481,635,750

10,510,839

4,168,020
3,103,40J

1

8,958,586

4.5

+16.7

.

—

2,749,810

2,164,653

Lowell

147,376,578

+

7.717,056

20,700,602

4,103,028

695,479,143

7,117,075

142,991,468

10,260,399

Pueblo

5,785,650

484,085

7,556,951

370,847,485

Joseph

712,425

542,140

5.1

—

24,149,031

Colorado—Colorado Springs

900,546

0.1

—10.5

8,060,732

Wichita

St.

1,957,076

+

923,577

654,712

Kansas—Topeka
Missouri—Kansas

2,263,686

924,242

—

Omaha
1952

425,149,617

City—

___

Nebraska—Fremont
Lincoln

1953

+

1

Hastings

$

—

3,503.824

9.7

106,088,773

11,739,814
8,346,335

5.2

+

577,943,739

Week Ended June 26

Maine—Bangor

20.4
■

12,922,777

Peoria

0.3

462,119,999

1954

Clearings at—

3,925,134

4,510,255
31,608,499

Rockford

528,108,765

10,515,983,977

our

1,090,308,109

333,976,279

Tenth Federal Reserve District—Kansas
We

1,052,577,176

18,777,000

4,457,754

549,949,161

+

1,032,237,099

City.

0.1

—

3,320,032

DecatuT

Total

Outside

9,867,906
394,493,243

98,018,063

City
Illinois—Bloomington
Chicago

728,918,342

I', 173,374,840

464,341,298

111 cities

Total

8,263,082
369,953,960

177,285,333

11,960,969

Moines

St.

-10

Francisco

1.3

579,585,899

"

12th

+
—

486.038,857

K

1.5

—

545,209,325

910,777,589

588,486,397

It

6

3,123,663
16,965,000

10,172,709

Haute

1,090,308,109

585,093,577

—

626.331,408

7

11th Dallas—

1,052,577,176

2.5

645,452,211

1,157,162,451

-10

City

0.1

+

1,164,191,208

it

Kansas

425,090,349
37,484,100
4,206,554

1,146,409,929

922,184,466

M

4

Louis

Minneapolis

10th

663,201,602

716,710,380

10,216,637,844

661,525,452

17

Chicago.:

8th

8.9

+

$

$

+ 18.3

1,163,894,772
i<

-10

Atlanta

6th

742,364,347

.

9,595,264,430

«

6

37,314,800
6,020,970

Eighth Federal Reserve District—St. Louis—

Dec. %

1,260,496,888

7

_

Richmond

9.9

188,617,460
5,114,380

62,284,000

Iowa—Cedar Rapids

Total

4th Cleveland

+

1951

1952

Inc. or

$

a

11

3rd Philadelphia

410,128,340

7,457,210

Bend

Total

11,352,950,218

._11

214,103,095

0.2

2,077,218

Wisconsin—Milwaukee

by Federal Reserve Districts:

1953

808,738,952

5,558,998
213,606,95a

0.7

—

11,287,357

Indianapolis

OF BANK CLEARINGS

"

1,146,409,92a

?

District—Chicago-

Lansing
Indiana—Fort Wayne

this city) the totals show

$
._12 cities

Boston

1,164,191,208

922,184,466

(10 cities)

located and from this we note that

1954

1st

1,195,467,199

—13.3

410,293

Springfield

SUMMARY

11.474.001

388,374,716

176,086,808

Seventh Federal Reserve

Dallas Reserve District of 13.2% and in the San

Week Ended June 26—

,

+ 23.7

_

We group the cities according

In the Kansas City Reserve District the totals

a summary

8,799,067

149,693,942

.

Louisiana—New Orleans

Francisco Reserve District of 4.8%.
In the

8f829,198

6,792,929

39.450.000

9,605,366

Alabama—Birmingham

In the Chicago Reserve District the totals are smaller by

increase of 0.3%, in the

9.1

+

10,886,303
9,952,304

4,959,055

present further below,

1.4%, but in the St. Louis Reserve Ristrict the totals are larger by 6.4% and in the

an

+

7,687,265

152,436,937

Macon

Sioux

show

7.7

245,543,510
462,862,649

95,947,041

Augusta

District of 8.9% and in the Philadelphia Reserve Dis¬

Minneapolis Reserve District by 5.2%.

+

461,719,546

304,400,000
5,552,988

Michigan—Ann Arbor
Grand Rapids

in the Richmond Reserve District the totals enjoy a

Reserve District by 1.3%.

1,170,434,-439

■

23,092,036

__

Nashville

Georgia—Atlanta

In the Cleveland Reserve District the totals suffer a loss of 0.1%, but

7.7%.

1,260,496,888
*

2,913,00$

661,525,452

Columbia—Washington

•.South

trict of

10,781,327
7,960,080

11,812,283

+ 18.1

Sftcth Federal Reserve District—Atlanta-

$20,515,487,760 against $18,425,704,637 in

Outside of this city there

1953.

clearings at this center showing

of

we

increase of 11.3%, the aggregate of

for the whole country having amounted to
the

which

give final and complete results of the previous week

For that week there

+ 13.7

9,118,631

6.3

District of

Florida—Jacksonville

able to

5,508,078

11,436,699

110,030,646

4.8

Accordingly, in the above the last day of the week in all cases has to be estimated.

are

2,563,844
5,282,401

337,674,303

South

"Complete and exact details for the week covered by the foregoing will appear

we

6.3

Fifth Federal Reserve District—Richmond-

Total

issue of next week.

3.1

+

+ 18.7

9.7

6.6

718,352,489

ends Saturday, and the Saturday

5,809,109

+

4,044,471

1,163,894,772

(7 cities)

2.7

$20,510,208,979 $19,294,367,165

day

5,780,577

3,523,661

6,986,196

382,377,129

:

Pennsylvania—Pittsburgh

7.8

$21,228,561,468 $19,979,652,541

cities,

1,100,000,000
3,616,889

43,363,000

■

Carolina—Charleston
Maryland—Baltimore

all cities, five days—

Total

All

2,846,018

.6

+

247,208,255

—

Mansfield

1.0

+

3,591,762,445

five days

7.7

+ 13.3

—1

8,388,235
.

_

Youngstown

West

Other cities,

'

•

Canton

Columbus

0.5

$16,918,446,534 $15,867,940,780

cities five days.

Ten

our

,e

n.

Cleveland

Kansas

in

cities).

Cincinnati

Philadelphia ___J
Boston

6,973,798

1,416,29?
1,-660,976
1,320,433

1,267,066
3,916,678
1,152,000,000

Fourth Federal Reserve District—Cleveland—

987,957,473

$11,645,146,184

1,648,275
1,420,933

1

10,7671696

II

;

-'fc■>*.**••.*-'.1*

'

1,002,320,457

York

2.2

+

—26.6

12 998 701

Jersey—Trenton

Chicago

New

$

8,291,263

Total

CLEARINGS—RETURNS BY TELEGRAPH

1951

$

*4,300,000

Wilkes-Barre

Delaware—Wilmington
New

"

1952

—19.3

3,658,812
6,756,675

York

gain for the week ending Friday of 9.6%.

a

1,654,836
1,922,972

1,972,456
4,093,860
1,119,000,000
3,230,520

l,205[ooo!ooo

Scranton

At this

$21,228,561,468 against $19,979,652,541 for the same week in 1953.

center there is

or

Dec. %

1,411,182
4 noq ocq

Philadelphia

Our preliminary total

week last year.

Inc.

1,591,326

.

j.

Lancaster

cities of the United States for which it is possible to obtain weekly clearings will
be 6.3%

i 691 964

---

Chester

$

District—Philadelphia-

Pennsylvania—Altoona

indicate that for the week ended Saturday, July 3, clearings for all

of the country,

1953

$

Pre¬

a year ago.

4?

Portland

Massachusetts—Boston

-

Total

579,585,899

(10 cities)

:

"

Fall

•

River

-| ---r-

Bedford

Springfield
4

^

—

Worcester

,

New Haven

1,206,575

914,842

2,158,896

2,307,000

4.4

10,920,555

9,327,020

+

+

8,052,755

0.1

7,802,966

7,066,744

+14.8

28,440,888

•-25,670,045

14,975,761

14,433,842

+

3.8

14,034,172

12,589,985

25,663,800

33,482,900

—23.4

30,302,700

2,033,856

■

31,089,027

1,752,821

+ 16.0

1,574,555

808,738,952

,,

8,055,458

35,683,668

■

—

742,364,347

—

;

"ft

Rhode. Island—Providence

_

New Hampshire—Manchester

-

Total U2- Cities)

+

8.9

1,426,732

716,710,380

•

New York—Albany

17,974,350

663,201,602

Binghamton

9,632,009

5,105,000
5,132,528
9,438,841

400,079,326

/3S1;250,293

177,773,319

176,607,16?

6,047,347

+

8.2

6,592,269

11,817,829

9,713,347

+

21.7

;—-

—

'410,204,2.16 "

+

i3:2'

464,341,298

—

—

'

29,961,664

Twelfth Federal Reserve District—San Francisco—
—-—

4,767,405

1,908,860

9,803,926,935

8,582,224,399

7.4

25,256,840

8.5

16,240,547

16,856,779

22,254,969

16,800,076

12,859,170

11,191,092

519,740,597

507,370,970

14,917,911

1.4

14,566,949
4,172.623
10,576,844

12,323,452

23,458,199

+ 15.8

154,953,843
67,549,631

15,126,228

Jose

19.8

71,996,889
17,266,183

536,608,006

Francisco

San

+

9.9

4.8

19,552,288

San

+

3,476,805

178,758,837

■7.7

Beach

2,616,870

27,917,015

4,208,958

4.4

12,471,565

California—Long

3,470,251

9,180,282,958

2.5

20.3

511,912,060

86,466,688

102,452,012

1,856,582

+

+

13,427,372

City—

3,848,217

+ 14.0

171,883,908
3,964,143
157,680,001
78,687,618
18,396,086

Lake

Utah—Salt

2,770,068

1,968,595

176,226,025

164,653,784

Oregon—Portland

110,386,945

29,981,594

Syracuse

(6 cities)

0.9

10,999,503.783

York

Rochester

Total

—10.1

2,258,663

2,244,513

Jamestown

5,688,000

5,852,000

6,543,559

Louisiana—Shreveport

—17.3

3,843,771
127,391,123

2,030,513

......

_

3,178,974

126,305,151

-

Buffalo

New

31,033,525

117,388,711

1.0

5.794,000

Falls

Yakima
—80.0

6,584,20?

339,071,749
31,078,084

295,028,052

5.7

30,610,196

Worth

Wichita

Washington—Seattle
89,959,584

8,017,215

14.3

7,498,231
352,126,380
28,966,911

-

Second Federal Reserve District—New York-

Elmlra

Fort

7.0

+
+

6,971,413

402,604,301

—

Dallas

29,118,500
]

I

Eleventh Federal Reserve District—DallasTexas—Austin

Galveston

Connecticut—Hartford
;

9.4

—10.1

16,212,480

17,718,508

28,666,922

24,753,063

—

—

,

Pasadena

Santa

5.710,003

Total

5,033.775

9,699,300

Barbara—

Stockton

6.3

+

10,144,155

13.4
4.4

16,322,121

3.733,403

9,431,463

1,032,237,099

(10 cities)

985,091,222

4.8

1,011,920,369

962,959,941

20,515,487,760

18,425,704,637

+11.3

18,768,635,685

16,946,230,223

10,515,983,977

9,245,421,679

+13.7

8,964,708,750

+

a

Connecticut—Stamford
New

_

Jersey—Newark

Northern New Jersey..

i

Total

(11 cities)




54,582,520

54,575,375

+

0.1

48,944,617

64,595,775

+

11.4

63,763,413

63,189,129

+ 18.3

10,216,637,844

8,895,585,764

total

(111 cities)

_/

51,575,664

71,969,413

Grand

11,352,950,218

9,595,264,430

Outside New York City_
•Estimated.

8,364,005,82*-

48

Financial Chronicle

The Commercial and

(96)

.

.

.

Monday, July 5, 1954

Date

Page

July 26

§2601

series A
July 15
2480 Broadway Corp., 4% 2nd mtge. bonds due 1957—-July 10
United Biscuit Co. of America, $4.50 cum. pfd, stock—July 15

§2477

Company and Issue—

Foreign Exchange Rates
Pursuant to the requirement of Section 522 of

certifies daily to the Secretary of the
countries of the world.
EXCHANGE

FOREIGN

We give below

RATES

CERTIFIED

BY

JUNE

record for the week

a

FEDERAL

25,

1954

TO

mtge. 3%%
Standard Oil Co.

1930, the Federal Reserve Bank
buying rate for cable transfers on the different

RESERVE
JULY

BANK

just passed:

Country and Monetary Unit

Power

1

•

.

.

Friday

Monday

June 29

Basic

1

Preferential

.133333*

Free

_

Australia,

$

.200000*

.200000*

.200000*

.133333*

T_._.

2.245766

Austria, schilling
Belgium, franc

.0385802*

1

.0385802*

.0200500

+

.0200500

.0200500

.0200437

.0428082*t

.0428082*1

Co.

_

:

9t.

<-

Free

.0428082*t

Malayan dollar.

.0352609*1

markka

_

_

.326966

Mexico,

peso

Philippine
Sweden,

.210750

.210950

.210950

California—

.00435401*

.00435401*

.00435401*

.00285625

.00285625

.238379*

.238379*

.210966

.210966
2.818437

.0799520

.0799520

.0799520

.264250

.264225

.264250

2.790532

2.790532

'

.264200

2.790532

.140080*

,

1

.4.96766*

.140080*

.140080*
.496766*

.496766*

.0349000

.0349000

.193330*

.193330*

.183330*

.233350

.233310

.233250

2.807907

2.807907

2.807907

2.807907

2.807803

2.818437

2.818437

2.818437

2.818437

2.818281

.233325

peso

tApplication depends upon type of merchandise.

-

Fund

U.

to

preferred
Stone

Allegheny

Inc. ( + ) or

Dec. (—) since

Assets—

1954

certificates—

fund

gold certificate

res.__

21,238,507

—
—

advances

S.

1
7,791

Government

•—
—

I

securities:

48,774
45,499

+

572,413

—

1,232

71,228

—

13

36,745

Industrial loans

U.

120,002

+

-—

358,345

and

—

208,429
1,867

.

Bought outright—
Bills

2,316,075

Certificates
Notes

Bonds

Total

+

outright
repurchase

841,271

+1,604,075
—

3,092,550

bought

Held

102,000

—

6,599,791
13,029,021

102,000

—

+

Borrowings increased $290 million in New York City
$75 million in the Chicago District, but they de¬
creased $25 million in the San Francisco District.
and

agreement

ber banks follows:

92,000

—

Total U.

S.

Govt,

F. R.

June

Bank

banks

60,975

2,572

■—

—

740,475

—

114

—

+

6,713

+

50,759,131

1

—

—

92,139

Total Assets

271,271

—

3,796,835
53,551

assets

+

+

766,426

—

144,318

premises

Other

194,000

—

22

items——

cash

25,037,437

25,075,414

banks—

notes of other

Uncollected

securities

securities-

8,297
246,471
3,746

23,

—

June 24,
1953

Commercial,
loans

Loans

200,966

Other

notes

bank—res.

25,588,132

—

accts._

170,400

+

■—

268,526

S.

Treasurer—gen.
Foreign

19,011,322

—

813,359

—

874,868

—

345,409

+

acct.

Total

Other

816,300

545,071

1,012

+

+

37,326

+

202,230

+

108,726

—

20,807,792

items—

cash

and

+

U.

for

3,229,831

—

556,266

—

76,189

divs.

12,639

—

10,347

—

3,065

accrued

—1,120,430

49,638,394

-

—1,516,643

—

2,059

capital

Total

—

901

with

gold
to

serves

note

18

+

2

—

+

194

—

679

—

—

+

587

57

+

6,679

Reserve

7)

168

+

625,013

13b)

——

v

195,865

accounts—

40,337

+

—

27,543

12,665

+

'

5,809

+

14,914

■—

deposits

Banks—___

50,759,131

—

certificate

U.

Government

S.

—1,510,666

—

13,509

loan

commitments

—

2,396

—

—

1,735
1

—

—

0.1%

the

ended

June

following
23:

principal

Decreases

of

changes

for

$194 million

the

in

week

loans

holdings of Treasury bills, $444
million in balances with domestic banks, $2,050 million
in demand deposits adjusted, and $821 million in de¬
mand deposits credited to domestic banks, and increases
of $1,208 in United States Government deposits and $335
million in borrowings.

4,168
5

—

720

+

1,134

+

2,319

+

836

155

+

—

36

+

—

444

—

—

268
16

176

Commercial,
$33

industrial,

million in

and

agricultural

New York

loans

de¬

City, $19 million in

Chicago, $11 million in the San Francisco District, $10
million in the St. Louis

District, and

lion at all reporting member banks.

a

total of $77 mil¬

Changes according

to industry appear in another press release.

Holdings of Treasury bills decreased $215 million in




6-16

50c

9-

1

8-15

Co.,

40c

&

7-27

7-12

8-

2

8-

2

7.-20

1

8-10

7-23

>

7-19

25c

7-20

6-25

7-20

6-25

50c

8-

7,-22

3

r;

Fla.)—
7-15

7-

3

C

10-15

10-

2

25c

7-10

6-30

20c

8-

7-14

2

$1.50

7-23

7-

971/2 c

7-15
7-15

,.

6-30

$1.25

pfd

)c

1;.

-

6-30

9

Foundry—

i__

$1.25

8-

2

(quar.)
Motorists Insurance Co. (Chicago)

$1.12 +2

9-

1

8-20

6c

8-

3

y>

7-20

Co.,

com.

iquar.)_

(quar.)

Metal

—

preferred

Gas Co.,

Co.

7-31

7-15

6-18

50c

8-

2

7-15

37 V2C

com.

8-

2

7-15

15c

(quar.)
(quar.)

—

(quar.)—

News

;

Ltd.

Co.,

National Fire Insurance

American

r

Theatres

(monthly)

non-cum

.93
-■'5

(quar.)

com.

Corp.

..Js,

7-20

25c

(bi-monthly)—________

7-

7.-15

1

2

preferred

$4

Potash

preferred

,

-u

$4.75

1

9-15

9-1

9-15

9-

l

$1

9-15

9-

1

9-15

9-

5%

1

Zinc, Lead

nrior

626

Anchor

383

Anglo-Canadian

+

10

171

fIr;.

:lv
t

9-20

9-10

12-20

i

M'J

12-10

,

Wi^e

& Csble

$2.80

Pulp

7-

9

6-15

$1.25

8-

2

7-9

$2.25

(s-a)
com.

7-

5

6-28

7 r)C

7-20

7-

40c

7-

8

7-1

150c

7-

7

6-15

170c

7-

7

6-15

115c

9-

1

8-

(quar.)—

6

Ltd.—

Paper Mills,
—'

&

—

preferred

7-15

Co.__——

Hocking Glass Corp.,

Common

8-

$2.25

(quar.)

Amoskeag Co.. $4.50 preferred
Anaconda

2

$1.75

Corp.—

& Smelting Co.—

preferred

+

+

$1.25

$1.25

—

+

34

*

.

(quar.)

Quarterly —

821
335

Ltd.—

preferred (quar.)
Refining—
7% 1st preferred (quar. 1
American
Telephone & Telegraph

+ 1,208

+

(quar.l

non-cum.

2,242

+

is.

American Smelting. &

+

1,285

—

preferred

non-cum.

5%

I

1

7-16

+ t

(quar.)

President Lines,

38

—

912-

7-30

$1

_—

preferred B

American

662

3.376
10.214

9-15
12-15

$1.18+4

:

(reduced 1

Corp.

& Chemical—

A

+

+

$1.75

(quar.)

Phenolic

75

50c

(quar.)

preferred

I2V2C
50 c

1%

—2,050

876

A

—

(quar.).

(quar.)

—

_

preferred

Redemption Galls and Sinking Fund
Notices

Anheuser-Busch,

———

(quar.)

and

Ltd. (s-a)
Anglo-Iranian Oil Co., Ltd.
Bonus

list of

a

corporate bonds, notes,

stock

called

for

Wire

Ansonia

&

Cameras,

including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬

Argus

Corp.,

ing tenders, and the

Aro

the details

page number gives the location in
(except where indicated) in which
given in the "Chronicle."

volume
were

NOTICE

OF

TENDER

Company and Issue—
Atlantic

5%

Coast

Line

certificates

Co.

Date
of

mtge.

income

4%%

July

9

§2805

§2708

REDEMPTION

Pipe

Line

3 Vb %*

6%

1st

York,

mortgage

preferred

debentures due

due

Cons.

preferred

1960

1975—

§2596

Aug

J

Coal

Seabrook Farms Co.,

1

*

Aug

1

§2808

Oct

1

§2707

3%%

3 +2 %
s.

f.

debs,

due

1965

debentures due 1962

July 15

Aug

1

,

§2599
*

7-15

6-30

7-15

6-30

—__

115c

9-

1$1.12V2

9-

1

20c

8-

2

10c

7-15

6-25

7-15

6-25

7-15

6-25

(quar.)———_—

dividend)

(cash

1+2%

(quar.)

60c

Atchison^Topeka & Santa Fe Ry. Co.—
5% preferred (s-a)
1
Atlantic City Electric Co., com. (quar.)——

37+2 c

4%

Hegeman Electric Co.

preferred

4.35 %

(quar.)

preferred

Nichols

7-30
7-14

iquar.)

3.75%

2

6-25

7-15

6-17

8-

2

7-

8

,[J

—

(quar.l"

$1.08+4

8-

2

7-

8

)

——

pfd. B

(quar.)

8-

7-30
-

$1

$1.08+4

8-

2

7-

8-

2

7-

"t

8

93+4C

6

& Co., Inc.—

Co.

(quar.)

——

30c

8-

1

7-20

I2y2c

7-

8

6-25

25c

preferred

7-

8

6-25

.__

(quar.)

—

Baldwin

Co.—

$1.50

6%

preferred (quar.)
preferred

preferred (quar.)_

(quar.)

—

.

Baldwin-I4Ufa-Hamilton Corp. (quar.)
BaltimoretXrahsit Co., $2.50 pfd. (quar.)
Banuor

$1.25

1

—

—

^nd .preferred

$1.20 .conv.

7-20

23c

15c

(quar.V_

dividend

.Hvdfo-Electric

5%

Co..

pfd.

common

$1.50
$1

so
20c

—

62V2c

—

$1.25

(quar.)

45c

(quar.)

Securities Corp.,; com. (accum.)
6%
participating pfd. (s-a)__
Bankers Trust Co. (N. Y.)
(quar.)

Bankers

Co.,

1

____________

Bangor ,& Aioostook RR-,

i

stock

8-11

8-

(quar.)

6%

stocks..July 13

Chicago & St. Louis RR.—

cumulative

Pittsburgh

bonds

9

(quar.)

6%

5+a%

Co.—

15-year sinking fund 2%%
Kings County Lighting Co.—
New

Page

Co.

Corp.

Equipment Corp.

Stock

Extra

Date

and

fi-10

9-

com.

Oil

Arrow-Hart &

Austin,

July 16,

Company and Issue—
Lakes

8-10

30c

preferred

Fuel

Backstay .Welt

Great

12 V? %

(quar.)

Atlantic, l&flning Co.,

—July 21

bonds

Fedders-Quigan Corp. 5%

6-10

62 V2 c

Cable

Inc.

Ltd.,

conv.

Arkansas

4.35%

Patchogue-Plymouth Mills Corp., common stock
Poll-New England Theatres, Inc.—
Gen

Page

Connecticut—

indebtedness

of

9

8-10

(quar.)

preferred,(quar.)

Argus

current

—

_____________

redemption,

the

9

7-

Animal Trap Co. of America+-

5%

common

7-

7-23

25%

_____

(final)

—

Inc.

8-10

2

125c

156 V4C

„.—

Anglo-Huronian,

PARTIAL

creased

6-16
6-16

5

Quarterly

Class

to

banks, $587 million in

5
5

7-

Anglo-Canadian Telephone Co.—

preferred

shows

77-

(quar.)

15

20,783

.__

___

Below will be found

The condition statement of weekly reporting member
of the Federal Reserve System in leading cities

9-15

1

25c

(quar.)

11

—

1,057

banks

10-

2

A

46

949

Domestic banks

16,115

Condition Statement of Member Banks

4

$1.25

8-

B

200,966

: +

0.9%

+

6

8-

35c

preferred

.4+2%

45.8%

6

8r

(quar.)

preferred (quar.)
preferred (quar.)

Class

deposit and F. R.
combined—i

Felt

'Machine

Class

+

2,476

deposits——

Foreign banks
Borrowings
_____:

Co.

Products

American

re¬

Contingent liability on accep¬
tances purchased
for for¬
eign correspondents
Industrial

Home

197

+

54,116

Interbank demand deposits:

8-

1

8-25

12+2

337

—

14.604

banks———

Government

1

9-

12+2 c

218

8,247

adjusted

except

9-

50c

20%

Common

American

8-20

9-15

.__

&

1

9-10
1

(quar.)

Hair

7-

10-

62 Vic

Common

5%

40c

10%

Board

American

American

Time

6-30

12-20

held

be

(quar.)

7%

—

_

deposits

to

Distilling Co. (quar.)
Fire & Casualty (Orlando,

American

I2V2C

Co. (quar.)
stockholders

to

meeting

(quar.)

American

—

:

domestic

8

+ 35c

______

Co.

preferred

American

$5

Demand

272,316

liabilities

Common

5%

Insurance

(subject

Broadcasting-Paramount

American

147

V—

,

Federal

with

Box

American

492

2,760

vault—

7-

l-3-o5

■+

$1.75

6)

Book

American

+

21.618

Reserves

; «3

183Ac

_'J.

(quar.).

dividend

+

33,379

bonds

Cash

Stock

.__—_

quar.)_.

special

at

July

on

American

2

2,322

securities

in

77

___________

of

6

9-15

Co.—

Automobile
dividend

American

+

liabilities and caiptal

accounts

Ratio

American

—

preferred

American Natural

indebtedness—.

___

25c
.

4-——-

(quar.l—

367

492

securities—total—___

notes

preferred

340

7,741

,

certificates

S.

convertible

—

Liabilities—

Other

$7

Filter

(increased

Common

5%

61

—

6,641
_„

Treasury

Air

—

\

893

loans

bills

239,054

Capital Accounts—
Capital paid in
Surplus (Section
Surplus (Section

American

(quar.)—

317

—

7-

1

American Paper Goods

carrying

or

__

Treasury

Other

21,896

7-12

10-

I $1.32

r+

(quar.)

com.

4V2 %-<>pref erred

pur¬

_________

banks_

Treasury

Balances

liabilities

to

for

securities-—

;

loans

preferred

5%

6%

—

dealers

,

J25C

preferred (quar.)
preferred (quar.)

314

-

-

.

Ltd.—

Canada,

Aggregates,

American

+4,637

agricultural

purchasing

Government

S.

U.

deposits
avail,

liab.

Total

and

carrying

or

estate,

Loans

698,627
24,169

376,531

—

Other

Deferred

brokers

loans

Other

and
_

to

chasing

Real

U.

industrial,

981

-

39,076

securities

Reserve

80,702

39,722

Deposits:
Member

investments—total

6-22

93 %c

2nd

American

(in millions of dollars)

and

1st

5V*%

5%

1954

Loans—net

Liabilities—

Federal

4%

of

American-Marietta

June 16,

Loans—gross

7,643

—

—1,510,666

Assets—
Loans

Virginia—________
guaranteed (s-a>_

3.90%
Increase (+) or

271,271

1954

Total loans and
Due from foreign

mem¬

dec. (—) since

____

8%

(quar.)

American,,Ice Co.. 6%

of assets and liabilities of reporting

under

6-29

7-20

$2.50

of

Corp.

Co.

approval

deposits adjusted decreased in all districts;
principal decreases were $895 million in the New
York District, $361 million in the Chicago District, $189
million in the Cleveland District, $153 million in the
San Francisco District, $99 million in the Kansas City
District, and $83 million in the St. Louis District. Time
deposits increased $38 million.

A summary

6-17

6

8-

(Equal

(final)

(s-a)

preferred

Stock

'

the

744,650

—1,429,425„

25,037,437

Francisco

bonds increased $11 million.

receipts

of Rec

net

$1.06)

& Western Ry.

American

Demand

1953

1

861,406

cash

Discounts

1954
—

R.

F.
—

Total
Other

(

20,377,101
for

July 1,

June 23,

from

Realty Co., 50c pfd. series A (entire
issue called for redemption on July 1 at
$10.50 per share
plus this dividend)
Aluminum Co. of America, com. (quar.)

District, $31 million in the Boston Dis¬
trict, and by smaller amounts in the other districts. Hold¬
ings of Treasury certificates of indebtedness and of
Treasury notes decreased $57 million and $46 million,
respectively.
Holdings of United States Government

(In thousands oI dollars)

:•

Alliance

York City, $181 million in the Chicago District,
$52 million in the Cleveland District, $50 million in the

Federal Reserve Banks Combined
'

<-.'•+

Holdert

7-10

100%

—_______

(quarterly

Amer,.dep.

Alberene

••Temporarily omitted.

San

75c

(quar.)

div).

Inc.

approximately

5%

New

Statement of Condition of the Twelve

When

Payable

Share

(stock

Fund,

Aluminum

June 30,

..Mi

Akron, Canton & Youngstown RR.—

00

»»

00

K.

A.

.0349000

.193330*

.233350

J

:,,•••

.

.

5c

496766*

.0349000

.193330*

pound

+.'i
,

.140080*

.140080*

.496766*

,

Affiliated

.0349000

pound sterling

Advisers

2.79C428

*0

notes

$

§2853

179.

Name of Company

Addressograph-Multigraph Corp.

.0799520

.264200

franc

Volume

§In

Per

2.818125

;

this issue.

(Continued from page 14)-

$3.75

Redemption

ia/-

t

Dividends

.210966

2.818437

2.790532

Union of South Africa,

Gold

debentures due

£

§2475

"

1966——July 25

Corp., 3 +2 %
in

.238379*

.238379*

.238379*

.210833

2.818437

■

Kingdom,

.

.210833

peso

;

,

*

July 29

Petroleum

'Announcement

.00285625

.0759520

Islands,

•Nominal.

/'

:§

.00435401*

.00285625 !

2.818437

__

escudo
krona

Uruguay,

'

1972

.210950

.00285625

__

Switzerland,

"•

Co.—

.1.021328

.00435401*

_

Netherlands, guilder
New Zealand, pound
Norway, krone

Portugal,

§2703

July 20
July 30

stock.

.326966

1.021093

franc

Germany, Deutsch Mark
India, Dominion of, rupee
pound

V

pfd.

v

.326966
1.021718

.210750

(Metropolitan),

Ireland,

§2805

1

.0352609*1

.0352609*1

.0352609*t

.326633

1.020781

.326633

dollar

Ceylon, rupee

United

.0428082*1

-

.0352609*1

.

British Malaysia,

France

—Aug

I''

Basic'

Finland,

preferred stocks.:

f. bonds, series A and B._.—.——Jun 28

s.

Brazil, cruziero—

Canada,

cumul. conv. pfd. stock

Co.—

convertible

of

§2701

-July 30
Aug
1

—

convertible subordinate debentures due

Warren

.0428082*1

i

.0200406

mtge.

Oil

3+8%

.0385802*

.0385802*

.0385802*

Union

Page

Date

—

Co., Inc.—

Tramways

General
;

2.245683

•

§2645

Ltd.—

preferred stock

Co.,, 4.50%

Montreal

.0719820*

2.245766'

2.245766

f

Can

second

Haloid

.133333*

.133333*

.0719820*

.0719820*

■"

2.245766

$4.25

$

.200000*

.200000*

.133333*

.0719820*

pound

Continental

July 1

June 30

$

$

Edison

§2645

CALLED

|
Co.

Paper

and $1.40 convertible

$1.32

Thursday

Wednesday

Tuesday

June 28

June 25

ISSUE

preferred

Commonwealth

Argentina peso—

T

stock—
Brooklyn Union Gas Co., 5%

(Value in United States Money)

Buying Rate for Cable Transfers In New York

&

1975

due

stock,

Company and Issue—
7%%

Noon

series A,

Ohio—

of

ENTIRE

Abitibi

Terminal—

Francisco

bonds,

preferred

1930

OF

ACT

TARIFF

UNDER

TREASURY

TO

INCLUSIVE

1554,

1,

Cumulative

San

Co.

1st

the Tariff Act of

Treasury the

Pacific

Southern

7-15

6-30

10-15

19-f-

8-

3

7-15
10-

7-

9

6-30

1

9-

7

1

7-20

;7-

$4

8-

2

6-30

$1.50

8-

2

6-30

7-15

C-18

55c

■:

9-30

1-14-55

1

Number 5339

)lume 180

.

The Commercial ttdlFinancial Chronicle

.

.

When

Per

Name of Company

Share

Irber-Ellis of Canada, Ltd.
|7% preferred (s-a)

Isin Oil

Lxter

Laboratories

Petroleum

lystate

Lyway

Terminal

|aux-Arts
53

(quar.)
(quar.)_

Inc.,

Corp.

prior

preferred

(quar.i

__

Hats,

Ltd.,

A

class A

p#d.

6-23

1

6-23

7-15

6-15

Commonwealth

t5c

7-15

6-30

9-15

8-16

Concord

11c

7-20

6-29

8-2

7-16

8-15

2

7-15

Concord Natural Gas, 5'/2%
Conduits National Co., Ltd.

?1.37'/2

87-

5

6-18

Uoniederation

8-

3

8-

3

7-

2

7-15

7-

Conn

6-17
6-17

8-

2

.

(quar.)

$1.90

9-30,'
9-

on

Aug.

&

4%

A

preference

Iciass

B

B

Biscuit,

__

(quar.)

;

ilifornia

8-

1

7-

6

Federal Insurance Co.

10c

10-

1

9-20

3 7 Vic

8-

2

7-15

62 '/2 c

8-

2

7-15

Consolidated

7-16

7-16

7-

2

7-15

7-

1

Class

17%.

preferred

7-15

6-30
7-16

Consol.

7-

3

6-30

1

7-15

6-30

i

7-16

7-15

6-30

preferred

Portland

mada

Rv.

Co.,

preferred

16%

Ltd.

(quar.)_

General

4Vi%

Ltd.

preferred

(quar.)

|anadian Vickers, Ltd.
ipital Venture Fund

.

(increased

quar.)__

Inc.—

income

and

Sugar
'•

Power

Public

7-29

7-

10-29

8

10-

8

7-29

7-

8

10-29

10-

8

7-20

6-18

8-16

8-

conv.

The

&

stock

1

eral

$2

tax

tax

class

Class

A

Class

is

July

15

6-30

6-30

Creamery Package
Cribben
Crosse

7-28

6-28

Crossett

$15c

7-26

6-18

on

2

6-23

2

7-

9

Crum

8-

2

7-

9

to

holders

5%

a

7-14

Curlee

2

6-25

Curtiss-Wright Corp., $2 class A

7-15

6-29

10-15
115

9-29
12-30

class

$37ViC

7-15

6-30

Cutter

A

Dallas

$4.24

preferred

(quar.)

Investing

Co.,

6-30

Corp., 3%% pfd. series A
Darling (L. A.) Co

8-1

5-14

Davidson

7-20

7-

9

Dayton

8-

2

7-

9

9-

1

8-13

class

Deere

7-

7

6-

3

&

A

Co.,

&

Mahoning

Cleveland Electric

deb.

Denver &

stock

}:oca-Cola Bottling
Rollins Radio Co.,
Stock

fcolor-Craft

Co.

3

8-

6-14

Detroit

&

5c

7-27

7-12

Detroit

Edison

7-15

6

7-15

6-30

21c

8-16

7-30

8-

2

7-15

7-

6

7-

Stock

8-1

7-7

Co.

Cup

Co.,

Mines,

Ltd.

8-

2

7-

7-

1%

7-30
7-30

7-16

25c

8-31

8rl7

25C

preferred
Glass

(quar.)_

preferred

Oilcloth

Linoleum,

&

(resumed)—

25c

7-15

6-15

10-20

9-

8-16
10-"1

7-15

$1.25

(quar.)
Co., common

12- 1

11-18

$4

preferred

A

8-13

Drexel

8-1

7-23

du

8-

7-12

2

1-3-55

8-15

65c

6-

5

7-15

7-10

50c

"8- 2

7-15
7-15

6-22

$2

non-cumulative

1st

preferred—

$2

Ducommon

Dun

&

Metals

&

4^2%

•

.Z

7-26:

7-

7

9-22

9-

1

Bradstreet,

Class

&

9-15

8-17

7

8-

2

7-

2

11-

1

10-

1

$25c

10-

1

9-

1

25c

7-15
8-

2

6-15
7-

7

7-15

6-23

2

7-21

8-

(quar.)

(quar.)

7-24

7-

9

7-24

7-

9

20c

8-

2

7-16

40c

9-10

8-20

Company,

5%

(final)

pfd.

R. Co.

9-17

2

7-22

11-

1

10-22

12%

7-13

5-17

7-13

5-17

(s-a)

31 Vic

9-

1

8-20

31'Ac

(quar.)

(quar.)

Pennsylvania R.

1

8-

12-

1

11-19

$1.50

7-20

7-

1

8-16

8- 2

tlOc

Corp.,

com.

7- 5

6-15

tlOc

7- 5

6-15

held)

w—

7-15

6-30

8-2
8- 2

(quar.)

$1
$1.37J/2
$1.50
37V2C
5c

8- 2
8-16
8-16

6-30
6-30
6-30
7-16
7-16

22V2C
25c

8- 2
8-2

7- 8
7-8

(Calif.)—
—__

50c

8- 2

7-15

55c

8- 1

7-10

20c

1
of

Southwest—

the

(quar.)__

;

Gold

H.),

(P.

(quar.)

—

8- 3
7-24

7-10
7-10

7-%

(quar.)

pfd.

8- 2

6-15

7-15

56V4C

8-2

7-15

25c
$1.75
12V2C
15c

(quar.)

Co.

7-1

25c
$1.12V2
25c

—___

(quar.)

Brothers

Rubber

8- 2

(quar.)

com.

Harvester Corp.___

Goldblatt

7t15

7-15

$1.25

Ltd

(quar.)_i._

preferred

6-30

8- 2

Co.___

Mines

preference

$5

7-23

15c

t20c

income)

Cement

Inc., com. (quar.)
preferred (quar.)_

8- 2

10- 1
8- 1
8-16

6-14
9-20
6-28
8- 2

Inc.

Foods,

7- 9

t50c

6-23
7-20

:____—56V4C
(quar.)
15c
——
25c

preferred (quar.)
Goulds Pumps, Inc., common
5%
preferred (quar.)
R.)

7- 5
8- 2

8-2
7-15
7-15

7-20
6-30
6-30

$2
$1.50
$2
$1.50
$25c
t25c
56'Ac
5c

9-11
9-11
12-11
12-11
9-15
12-15

8-30
8-30
11-29
11-29
8-25
11-25
6-25
6-30

new

4 V2 %

(W.

7-31

(quar.)

Batteries,

National

Gould

10c
42V2C

(quar.)

preferred

4%

Gordon
•

&

com.

(initial)

Co.—

class B (quar.)
preferred (quar.)
8 %
class A and class B (quar.)
6%
preferred
(quar.)
Grafton & Co., Ltd., class A (quar.)
class A and

8%

6%

Class

Grand

(quar.)

A

5c

7-15

6-18

50c

(quar.)

7-15
7-15
10-15

37'Ac

pfd.

4V2%

Co.,

Union

7-31

7-lo

37'/2c
75c

8- 2
7-15

,7-16
6-15

Common

Great, American Insurance Co.
Co.

L.I

(H.

9-30

(N. Y.)—

Quarterly
(quar.)

Griesedieck Western Brewery Co.

convertible

5%

preferred

(quar.)

Guaranty Trust Co. (N. Y.) (quar.)
Guardian Realty Co. of Canada—
Gulf
Gulf

*?,5c

(accum.)

preferred
Life

Co. (Fla.)
Ohio RR.—

Insurance

Mobile

&

85

preferred

$5

preferred

Gustin-Bacon

Hagan

(quar.)

(quar.)

preferred

10-

15C

2%

A

$1,121/2

(quar.)

class A

8-2

Goodyear Tire & Rubber Co., Ltd. (Canada)

7 to

87 '/2C

8- 2

Ltd.—

Great American Industries Inc., com

Co.

Bonus

E"ast

6-15
7-

$20c

$1.12 »/2

Supply Co.
common

Dunlop Rubber Co,,. Ltd.

5%

6-30

7-15
7-28

15C

preferred

Duncan Coffee,

Duriron

"i-r-

preferred

Nemours

7-20

7-20

1st

de

(quar.)

-8-

9

(quar.)

(quar.)_

30c

7-31

I.)

preferred

50c

<-7-

(E.

preferred

3

7-30

$25c

$1

$3.50

9-

$40c
t$l

—

25c

$4.50

12-20

7-15

6-28

(quar.)

Bros.,

Green

(quar.)

1

1

6-28

$$1.75

(quar.)

Furniture

Pont

6-24

7-15

Ltd.—

6-21

10-

15%

Textile Co.,

preferred

7

20c

& Southern Ry.—

—

Chemical

9-

7-15

20c

$10c

(quar.)
preference
(quar.)

7%

$$1.12 Vz

$10c

Common

$1

9-17

7-30

Ltd.—

>quar.)

Dow

2%

non-cumulative

Co.,

Dominion

$1.75

4'/!

Chemical

8-15

$1

4'/<

Common

—

(quar.)

(increased quar.)

Stores, Ltd.
&

Ltd.

Ltd. (quar.)
(quar.)

Corp., Ltd.

9—1

r

10c

Coal

&

9-15

& Pacific Ry.

$1.50

Steel

Tar

(quar.)

(quar.)_

Dominion

:

9-30

(reduced)

for each shr.
Corp.—

Co.

investment

Co.,

Grace
—

—

Ltd., common

Co.,

6-18

_

(quar.)
Ltd.—

8-25

$17'/2c

Ltd.

Co.

Foundries & Steel,

11-10
11-10
7- 9
7- 2
7-6
7-6

Canada,

Utilities

Portland

Goodall

2

$10c

__;

Bridge

11-24
11-24
7-31
8-3

(quar.)___—___—
(quar.)___—.—.____

Yellowknife

4'/2 %

6-30

25c

(quar.)

(monthly)

6-25

25c
$1
87V2C
12V2C
$1.25
933/4C
$1.50

pref.

Telephone

Glatfelter

9-13
8-

8- 2

v

preferred

Gleaner

6-10

8-16

40c

$5 pfd.

preferred (quar.)
Telephone Co.

$4.50

7-15

9-20

$17 Vic

Corp.,

7-16

8

1

7-10

25c

Monthly

Monthly

8-

20c

6-25

(initial)

Corp.

of

Globe-Wernicke Co.,
62 Vic

6-30

7-10

(quar.)

Public

Gimbel

9

$37 Vic

7-19

50c

Mfg., Ltd.—
div.) (One shr. of 3%

preferred

Gillette

Co.,

(quar.)

9-17

(quar.)

com.

Service

Public

(From

9

7-19

7-15

10- 1

(stock
2nd

Giant

9

10c

6-25

8-2

George Putnam Fund of Boston—

7-12
7-

6-21

7-15"

15c

(s-a)
& B

Giant

1

2

7- 7

$10c

—

Products

$2.20

7-12

2

*

Dominion

7-

2

37 Vic

(quar.)

Fields

Oil

2

8-

8-

Beneficial shares

Fund,

8-

8-

—

preferred A

5%

Cox

&

Dominion

$2

6-29

25c

Ltd.—
$1.50 convertible class A pref. (quar.),—_

Dodge

9

50c

:

Construction

7-

7-i5

30c

(annual)

preferred (quar.)
—
preferred (quar.)
General Telephone Co. of Indiana—

8-14

40c

(quar.)

common
(quar.)—.

(quar.)

1

2nd pfd.

7-15
7- 1

5%

3

9-

40c

—

Co.,

preferred
Co.

20c




12-

—

Match

(quar.)

(quar.)

12-15

90c

Raynolds, class A (quar.)
B
(quar.)

Dominion

dividend

50c

7-15

7-30

4V2%

12-10

50c

(quar.)

1

Louis)

12-20

Yard

12-

Y.>

$1.25

6-22

7-30

(s-a)

A

General

9-10

(quar.)—__—
Canada Tunnel Corp. (quar.)

Steel

Dome

9-20

7- 9

55c
30c

$2

General

$1.25

11-15

20c

Special

9

7-12

Union

12-15

common

Products

9-

$2

(quar.)
preferred (quar.)

8-16

10c

6-30

10c

Petroleums

preferred

$6

9

Denver

$1.12V2

(St.

8-

6-30
8- 2
11-1

<

10c

preferred (quar.)

$5.50

9

3

6-15

7-19

t25c

(quar.) _______________—
Outdoor Advertising—

General

9

9-

(quar.)

$4 convertible preferred

9

7-15

Oil

Instrument

General

8

8

6-30

77-

8

Disher

7-26

8-

7-

$1.50

6

8-24

20c

preferred

non-cum.

7-14

7-

7-

Di-Noc

7-

4

3

7-31

Class

7-15

y8-

6-24

7-30

common..:

Motors Corp.,

Class A

2

1

9- 1

$15c

(quar.)

(s-a)

new

Class

9

7-16

7-

25c

of

Corp.—

General

9

7-

7-

2

7-31

6-30

10c

7-

2

7-15

7-26

25c

4

2

8-

8-25

75c

share

(quar.)

6%

Finance

9

9-

convertible preferred (quar.)
Denver Tramway Corp., 1st pfd.
(s-a)

~

8-

$1.13
93 %C

7-

8-

5%

7-15

2

25c

7-20

7-15

8-

30c

8-10

15c

$1

50c

$1.05

1

6-30

7-15

.

12c

Electric,

Common

6-30

7-15

6-18

7-26

de¬

(quar.)

Crude

General

Rio Grande Western RR.—

convertible

7-15

stock

(quar.)

General Dynamics Corp.—
$2 convertible preferred

6%

12- 3

7-29

7-19

(quar.)

Ltd.

Co.,

preferred

General

3

2

(quar.)__

General

9-15
9-

(quar.)—.—

5%

Diamond

1

9-23

12-23

25c

7-20

7-

10-

3c

20c

7-20

&

50c

—

(quar.)_„_

8-10

Dominion Square Corp.,

(s-a)

Ry.

$ 1.12 Vi

6-30

8-

—_

General

2

7-15

—

Co.,

&

Co.

3

75c

preferred A (s-a)
4% preferred series C (s-a)
General Foods Corp., $3.50 preferred (quar.)

9-18
8-

$1.06

8-10

Devoe

9-29

9-

7-14

stock

5%

7-15

8-16

7-9

9-24

8- 3

45c

capital

A

General

7-20

2

8-2

75c

Fran.)

capital

additional

(one

General

9-17

8-

87 '/2C

(quar.)

com.

Dominion

Illuminating Co. (quar.)__

7-15

8-16
9-30

30c

$1.25

preferred (quar.)
Itoca-Coia Bottling Co. (N

2

—

1

$4.50

8-

——

"A"

com.

1

(s-a)

7-15

__———L——

common

Mfg.

7-

(stock div.)

2

Cp., common (quar.)

$1

com.

8-

$3.50

(quar.)

(quar.)_

(quar.)

Co.,

Dennison

8%

Inc.

Rubber

Dominion

common

10c

$2

_—•___—.____—_—

7*20

50c

flary Multiplier Corp.,

11-15

10c

4 Vz 'to

Bros.

B.)

Baking

General
4.

8-16

1

________

Light Co., $4 pfd.
preferred (quar.)

10-

Jiity Baking Co., 7% preferred (quar.)

1

50c

8- 2

._

9-

(quar.)

Co._____

&

Power

4 /2 to

!

6-25*

12-

(quar.)

Abbey

-10-15

(quar.)_

'

28 '/a C

(quar.)—1_

Dana

25c

7-l0

6-30

6-30

(quar.)

Bakeries,

$8

9-10

9-30

10c

3V2%

Laboratories

Cypress

(D.

Fuller Mfg.

12-15

2-55

t50c

pfd. (quar,)_
Clothing Co., 4'/2% pfd. (quar.)

Dominion

(quar.)

-

$1.75

8-14
8-

A

common

General

6-30

7-15

7-15

(interim)

Corp.,

$3.75

$27 Vic

Inc.,

Press,

50c

(quar.)
(quar.)

Kities Service Co.

Colorado

1%

Cuneo

50c

com.

1

6-30

7-15

6-30

(quar.)_—

its

common

preferred

Fuller

1

6-181

8-20

40c

(quar.)

Sugar Co.—
preferred (quar.)

for

(quar.)

$2.50

——

Ltd.

8% preferred (quar.)
preferred (accum.)___

25c

preferred
preferred

flearfield

(quar.)—

$7

the

(quar.)

—

4%%

i—

6-30

of

_

$2.20

7-31
11-

5c

class A
A (quar.)

Seal,

(San

____—

Co.

Froedtert

6-25

2

tl5c

6-30

adopted.

Cincinnati, New Orleans, Tex.

Kity

class
&

(s-a)

preferred

7-15

the

(quar.)

preferred

(final)

Forster,

Co.,

8-

8-16

11-15

(quar.)

7-15

here

credit

25c

$1.25

6-30

7-15

profits and/or avail¬

Realty

(L.)

Quarterly

6-15

Cuban American

if the pending Fed¬

Cincinnati Gas & Electric Co.,

5%

B

6

7-15

.

Mfg. Co. (increased quar.)
Co., 4'/2% pfd. (quar.)___

Sexton

Co.,

&

Cuba

Ltd.

Co.

class

Ltd.,

Cos.,

General

Blackwell,

Cork

Crown

8-

the class

Common

5%

&

&

Class

8-

L.),

Co.

(quar.)

Corp.

7-12

7-15

stock for each four shares held)

Freidman

6-18

*6 Vic

(quar.)

Craddock-Terry Shoe, 5%

6-30

7-31

7-

8-30

7-9

(quar.)

,

Wallace,

Fresnillo

deposit receipts ordinary

7-15

7-16

2

7-15

9-24

9-10

7-15

B

Fraser

Ltd.—

7-15
8-16

8-

$1.25

Realty

7-15

7-26

6

$1.31'/»

I—

American

(R.

6-25
7-

Fram

Corp.

(quar.)

7-13

Crain

2
2

(quar.)

(quar.)
Electric

preferred

Dominguez

reported

I'hicago Molded Products Corp.
|"hickasha Cotton Oil Co., com.

4%

preferred

Cornell-Dubilier

$5.25

88-

$1.75

Refining Co., com.

8-

87Vic

directors of
2 to permit

the

by

(quar.)

A

Products

30c
90c

(quar.)

Quarterly
Courtaulds,

RR.—

previously

purposes

bill
A

Corn

Dixie

(quar.)

company until August
shareholders to claim
income

Co.

Cosmopolitan

$1.12Vi

Illinois

payable

'July

Electric

1

2%

(quar.)__.
Foundation Co. of Canada, Ltd.

7-12

2

8-2

(quar.)

dividend

&c

Class

7-15

9-15

8-

10-

$1.25

Maryland

on

of the net

Corp.

Stock

7-20

$$1.20

Dodge Manufacturing

preferred

postponed

was

Cook

l'/o

Fluor

com.

23c

7-16

10-1

30c

($1

class

its

on

1

$1.06Vi

of

Rubber

Corp.

out

6-15

8-

surplus of the corporation)

Forbes

Semi-annual

6-30
6-30

9-15

able

(Toronto)—

5c

__■

quarterly payment Of 50c

A

Co.

75c

(quar.)

(quar.)

Eastern

record

Insurance

6-11

I'hesapeake & Ohio Ry.
3'/2%

this

Life

45c

(quar.)

income)—

preferred

|:hiCago

plus

7-26

|:henango & Unadilla Telephone Corp.
4Vi%

share

Continental

7-30

7-20

1

(entire issue called
20 at $105 per
dividend)

8-5

4

10-

$1

clared

8-20

July

on

7-12

Fund, Inc. (increased from net in¬

vestment

(quar.)

Corporate Investors, Ltd., class A—
Corroon & Reynolds Corp. (increased s-a)

2

8-

1

7-15

$1.50

Inc.—

dividend)

Insurance

&

11-12

3Vic

:

Tire

1

$1.25

(quar.)

(stock

Boston

8-13

12-

62Vic

Deposit Co.
Fund

1

3V2C

(quar.)

Quarterly
First

5

8-20
9-

A

preferred
&

Firestone

9-15

1

6-30

9-

I6V2C

(quar.)

Corp.

preferred

40c

____

lhadburn Hosiery Mills Inc., common
Iharleston Transit (quar.)——

I'hemical

7-12

1

2nd

redemption

$50c

___.

—

Service Corp.

6-11

10-

7-31

:

16Vic

Food Fair Stores—

50c

(quar.)

Co.

6-18
7-15

7-23

$1

4%

___1„

Vermont

8-

7Vi%

(quar.)

common

T

lentral

fi-28

preferred

Voting

____.

!<>*■<♦—<»'

6-28

7-15

$2

—

7-15
8-16

93%C

40c

(quar.)

(quar.)

|20c

75c

9-21

(Wash. D. C.)

Department Stores,

Fireman's

Co.—

$1.25

5%
preferred (quar.)__.
leltic Knitting Co., Ltd. (s-a)

lenco Corp.
l'entral Aguirre

7-15

Can

37 Vic

common

4Vi%
Ferro

and

10c

———

preferred

|elotex Corp.,

15c
17 Vic

from

(initial)

dividend

6-18

53'/2c

25c

1 9/10c

7-15

(increased)

com.

4c

faterpillar Tractor Co.,
4.20%

for

j

larpenter Paper Co. (quar.)
a
Jarreras, Ltd.—
Amer.
dep-receipts ord. (interim)
Stock

$4.25

6-28

$2

profits

common

6-28

7-15

$$1.12Vi
$$1.12Vi

|arlisle Corp. (quar.)
_
|arolina Clinchfield & Ohio Ry. (quar.)
|arolina Power & Light Co.
New

7-12

7-15

$$1.12Vi

(quar.)_—

(quar.)_

from

8-11

$75c

4Vi%

7-10

preferred (quar.)

Continental

$3.75

Ltd.—•

preferred

8-15

2

62 Vic

(quar.)——

of America,

$12Vic

(quar.)

(quar.)

common

preferred

realized

4%

$31c

Co

Ry.

14%%

12 l/10c

6-28
6-28

Ltd.—

Investments,

1

8-

t37'/2c

(quar.)

1

50c
15c

preferred B (quar.)____

Fidelity

(quar.)_—.—

Ltd.

$$1.50

Refractories

1st

7-15

7-15

•

2 Vic

preferred

Container Corp.

1': 1

$$1.25

|anadian Oil Co.'s, Ltd.,
inadian

8-

t$l 50

(quar.)

common

Co.

Corp.

10-

35c

—,——

Common

of

Co.

t40c

Natural Gas

Paper

9-

30c

Smelting

_______

Consolidated

50c

(quar.)

Pacific

6

37'/2c

(quar.)

preferred (quar.)

inadian

7-

25c

(quar.)__

Corp.

Extra

7-19

1

9

8-

Inc

Mining &
Canada, Ltd. (s-a)

$1.50

(s-a)__

Fairbanks-Morse,

inadian

2

8-

Laundries

Lobster,

Consolidated

(quar.)_

,

preferred

Federated
7-

2

6-18

$3

;—

(quar.)

5to

11-30

12-15

8

•

(quar.)—

B

Extra

$1.25

(quar.)

Consolidated

$7 Vic

Northern Power Corp.,

inadian

J 5%

8-

40c

Ltd

Mines,

inada Southern

lanadian

8-

_

$1

(quar.)_

Co.

7-15

2

A

Corp.

5%

t5c

preferred

10c

(quar.)

Cement

Lake

Bronze

$5

$1.171/2

Packing Corp.

8-

6

7-

$26c
;

Extra
Class

Ltd.

Mines,

Common

$1.75

ilifornia

25c

(quar.)

Corp.

Yellowknife

80c

_——

ilifornia

Class

t$3.50

—

(quar.)

Dearborn

Discovery

6

7-

$1.25

(quar.)_

Federal Services Finance

Chemical Industries—

Consolidated

2

7-15

(quar.)_^

—

8-

8-

preferred

40c

(quar.)

40c

31c

(quar.)

6%

Red

A

Extra

25c

I$4.70 preferred (quar.)

impbell

Inc.,

6-25

7-

7-15

$1.25

:—__.

55c

$50c

Oregon Power, com.

Quarterly

(quar.)

Connohio,

7-15

Insurance Co.—

preferred

$50c

—

& Timber

Farmers & Traders Life

$2.20

7-30

$50c
$50c

$1.25

[ilaveras Land

6

11-19

$1

preferred (quar.)
ish Terminal
Co.
(bi-monthly)
rtler Mfg. Co., common (increased)ltterfly Hosiery, Ltd., 7% pfd. (s-a)
irry

7-

Federal Paper Board Co., Inc., com.
4%
preferred (quar.)
*

15c

—L

(quar.)

Corp.

1

6

$1.25

common

irroughs

6

8-

6

10c
.

common

I Class

7-

47'/2c

7-

4V4%

Co., Ltd., class A preference

IClass

6-25

1

Consolidated Retail Stores—

.

____

preferred

6-25

5

8-

Consolidated

(quar.)___

(quar.)

5

7-

7-

plus

(quar.)—

preferred

7-

1

50c

(quar.)

preferred

$1.75
$1.50

51'/2c

1

5%

preferred

preferred

12-10

8-

2

6-25

7-15' '

JlOc

preferred

8-

common

_

Co., 7% preferred (s-a)
Heating Products, Ltd. (quar.)__

51C

7-

2

8-12

7-15

$3.50

Capwell

&

9-

1

75c

(quar.)

50c

5c

________________

Y.)

(quar.)—____

42 Vic

dividend

(N.

preferred

9

9-

10c'

(quar.)

"A" (quar.)
5%
preferred "A" (quar.)
Estabrooks (T. H.) Co., Ltd.—
y4.16%
preferred (quar.)
Fairbanks Co., 6%
preferred (quar.):

9-10

12-15

____

7-19

y9-23

60c

$2.04

to

—

—

9-15

$38c

(quar.)—.

(qpar.)__

7-15

1

7-15

Erie Railroad Co.—

Light & Power, $2.06 pfd. (quar.)

preferred

2

8-

25c

(s-a)

Phonograph Corp.

Trust Co.

Enamel

—

7-29

5%

—

8-

5c

Emporium

(Toronto)—

(quar.)

6-30

70c

$2

$25c

$48.95

into

*•

&

7-15

15c

(quar.)__

11-30

$$1.50

(quar.)

at

1

— —

(quar.)
common

(s-a)

preferred

Radio

Empire

Consolidated Edison Co. of N. Y.—

(inc. quar.)__

Convertible

.

9

2nd

7-15

2

Corp.—

8-21

7-

(quar.)

issue

8-

preferred

2

25c

(quar.)

Abrasives

7-15

8-

Extra

$37C

Consolidated

(entire

$15c

(quar.)

———

preferred

&

8-10

15c

9-18

_$$1.18%

com.

pfd. (quar.)——

Association

/

1st

6-30

8-

15c

(quar.)

1

Ltd.—

Ltd.

(N. Y.)

Life

G.), Ltd., 7% preferred
preferred A (quar.)

7-31

94%c

______

—_

—

(C.

6%

8-13

<__

2i

convertible

Fund

Connecticut

9

30c

_____'

preferred (quar.)™.'—,—,
preferred (quar.)
International Corp., Ltd

Quarterly
Quarterly

2

7-

_

7-15

,

50c

Products,
Corp.,

Corp.

dividend.

Extra

irns

6%

Emerson

7%

1

25c

preferred

redeemed

block's Inc.,

6-23

8-

15c

.idget Finance Plan, com. (increased quar.)

|7%

6-23

1

8-

37 Vic

(quar.)

convertible

|6%

(quar.)

1

8-

7-15

10c

(quar.)

Ely & Walker Dry Goods,

8-

Holder a

Payable of Roc.

62V2C

preferred

Refractories

preferred

49

5%

Elgin National Watch Co.

com¬

35c

20c

(quar.)_

Co.

Power

preferred

prior

5%

33c

15c

(quar.)

ritish Industries

5%

Electro

7-15

convertible

75c
__

<quar.)___

[ooklyn Union Gas Co.,

160c

8-10

3

convertible

40c
20c

(quar.)

._

Forest

Columbia

Stock

1

8-

$1.32

J10c

Aug

6-29

9-

$1.40

$10c

_

334%

Co.,

preferred

to

7-15

~45c

(quar.)

Electric

Sault

25c

div.)

Gas

common

(quar.)—;
Elastic Stop-Nut Corp. of Amer.

6-30

pitish Columbia Telephone Co.—

be

t$1.25

Inc.,

When

Share

J$1

dividend

convertible

Edison

-6-24

$25c
.

^

Columbia

this

6%

50c

(Quarterly

15%

6-25

20c

;_

jidgeport Hydraulic
liggs Mfg. Co

14% %

7-10

50c

-

jrg
(George W.) Corp. (quar.)__
bstitch, Inc., class A (quar.)—

ritish

40c

Stock

$50c

(quar.)

common

Corp.—..

Htish

9-17

1

8-

$1

(quar.)__

(quar.)—
Tobacco, common

ristol-Myers

Industries

7-15

10-11

shares held

each 25

Common

7-20

Illinois

Northern

Eastern

2

$5

75c

(quar.)
com.
(stk.

Co.,

Bakeries, Ltd., 4% partic. pfd. (quar.)

5c

Co.

Co.,

for

of

share

mon

7-20

2

8-

25c

(Quarterly
Ami

2-

Edison

Eastern

8-

37 '/2c

,

,

7-20

50c

preferred (quar.)
lue Bell, Inc. (quar.)

|n

Commonwealth

1

4-9

$1.50

,____

__

Ltd.—

|6%

I

•7-

8-

75c

•.

(quar.)

preferred

1M

7-15

-■

•

7-16

One

_—i.

Bros.

Combustion Engineering Inc.

2

Per

Name of Company

8-14

$1

|st Foods Inc.

ach

7-22
7-15

88-

Inc.—

Quebec Mines,

|iss (E. W.)

2

16V4C

1

Holders

Payable of Rec.

20c

Gas

8- 2

7-

When

Share

of Company

Quarterly
—
Combined Enterprises, Ltd., 5% pfd. (quar.)
Combined Locks Paper Co., class A (quar.)

7-15

r

50c

llmont Iron Works (quar.i
Inrus Watch Co. (quar.)
tssemer Limestone & Cement Co., (quar.)

|$1

8-16

15c

56 1st preferred
(quar.)
lech Aircraft Corp. (special)

special
lltmore

8-25

-

12V2C

__

III Aircraft Corp. (increased)__
111 Telephone Co. of Canada (quar.)
llleterre

.7-15

15c

_.

Apartments,

Name

System, Inc. (quar.)
Columbia Terminals, 6% preferred (quar.)__
Columbus Mutual Life Insurance (s-a)
Columbus & Southern Ohio Electric
Co.—

6-30

7-26

3c

Corp. (quar.)
(increased quar.)

Corp.

7-15

3a-

$$1.75

—

lonthly
Lusch & Lomb Optical Co., com.

|y

Per

Holders

Payable_ of Ree.

Columoia

(monthly)

(Calif.)

Co.

(97)

(quar.)

(quar.)
Co.

(increased)

Corp. (quar.)
Cotton, Ltd.,

<

5% pfd. (quar.)_
Hammond Organ Co.
(quar.)
Harbison-Walker Refractories Co.—
Hamilton

6%
Harbor
Harris

5'/ato

preferred

(quar.)_

Plywood Corp,

(increased)

pfd. (quar.)—
preferred (quar.)

(A.)

«

8- 2

'

rT,c
7-lp

n

$1.25.
$1.25

(quar.)
Mfg.

„

12'/2C

9-10
12-16

8-2J
11-26

10c
30c
t$1.25
35c

8- 4

6-25

7-21
8-14

6-30
8- 5

$1.50
25c

Co., 51/2%

$1.37/2

-

9-10

8-25

7-20
7-12

7- 6
6-22

-r1?"™

2- 1-55 1-20

50

(98)

The Commercial and Financial Chronicle

When

Per

Holders

Monday, July 5, 1954^

Holders

When

Per

...

"

Harrisburg Hotel Co.
Electric Light
(J.

6%

(quar.)

class A
Lithographing Co.—

Havana

.

Co.

Co., Ltd.,

F.)

pfd.

con v.

(quar.)_
Ltd.—

Payable of Rec.

50c

7-16

Name

6-30

Leslie

8-

2

7-15

Lincoln Nat'l Life Insur.

8-

1

7-20

preferred C

37'Ac

—————

(quar.)_.

7-15

6-30

Co.

Walker-Gooderham

Hiram

Quarterly
(R.)

Class

Co.,

A

&

5%

preferred

Holmes

(D.

Border's,
Hot

Inc.

Special

Household

334%
4%

Inc.

Finance

Special
Local

1

6-25
6-13
6-30

Loft

Corp.

(s-a)
(Md.)

.

6-30

Long-Bell Lumber

25c

7-15

6-30

Long-Bell Lumber Co.

8-12

7-23

Long

8-

1

7-

2

7-23

2

7-

1

7%

non-cumul.

2nd

8-

1

7-16

7%

non-cumul.

2nd

15c

7-15

7-

60c

8-

8-

933Ac

(quar.)_—__———

5

$1

7-15

6-30

t$l

9-13

7-15

6-15

——

$10c

.

(quar.)

7-15

5%

6-15

5%
6%

$1.25

5%

preferred (quar.)
—
Hydro-Electric Securities Corp., pfd. B
Hydraulic

Brick

Press

Brick

Co

Co.

Illinois Central R.

12-30

12-17

$25c

(s-a)

8-

2

Macy
4%

7-16

55c

8-

2

7-16

Madison

5c

8-

2

7-16

1

8-

4

Manhattan

8-

55c

(quar.)—_

2

7-

9

.Manlschewitz

•

4.03'/h

preferred

preferred

4.26%

4.42%

(quar.)

preferred

1

(quar.)

(quar.)

-.

4.70% .preferred

—

Arner. -dep.

•

Indiana

Telephone, 4.30% preferred
Indianapolis Power & Light Co.—
[
New
common
(initial)___

8-

7-

2

7-

9

8-

2

7-9

•

„

:i- 9

9.%

100%

7-23

(quar.)

;

North

of

2

10-

$25c ""
37'/2C

$1.20

1

8-

2

7-

9-10

10-

1

8-25

Martin-Parry
entirely

7-15

7- 2

Mathieson

(9c from

America

Maud

30c

8-1

7-1

net

security

6%

Bronze

7-15

6-15

7-15

6-30

participating

International

Powders, Ltd.—
preferred (quar.)__

Harvester

Northwestern

Oilgear

$1.75

11- 1

10-22

45c

7-15

6-30

4.92%

7-15

6-30

43A%

(quar.)

International
International

McColl-Frontenac Oil

(quar.)
(resumed)-—__

Mining Corp.

International

Nickel

7%

McCall

6-15

$1

7-15

6-30

Milling Co., 4%

preferred

International

Co.

of

pfd.

Canada,

Power

10c

10-15

7-15

6-30

7-15

6-30

Otis

$1.06'A

8-2

7-7

$1

8-2

7-7

7-15

6-30

quar.)

55c

Co.,

7-15
8-

2

6-25
7-

6

Mclntyre

Quarterly

7-15

6-11

Metal

.9-

8-11

Utilities

$1.40

preferred

$1.40

preferred

Corp.,

cornmon___

(quar.)

35c

(quar.)_;

Interstate Department Stores

Intertype

Corp.

Investment

35c

;

(quar.)

62'Ac

(quar.)

—_____—______

Foundation,

Ltd., common
preference (quar.)_
preferred (quar,)
Investors Funding Corp. of N. Y.—
6%

convertible

(i%
preferred
(quar.)
Iowa-Illinois Gas & Elec.,

preferred

Iroi.rite.
IT E

Inc.,

Circuit

New

4.60%

Tea

Power

Michigan Steel Tube
Mid-West

Mfg.. Co., class A
&

7'Ac

Minnesota1

7-

8-

1

7-15

8-

1

7-15

133Ac

7-30

7-16

1

Co.,

3%%.

Water

quar.)_

57'Ac

7-15

7-

8-

1

7-

9-1

8-6

8-5

8-2

933Ac

8-

2

6%

7-19

(quar.)__

5c

8-

1

11-

1

10-20

$1.50

7-

8-

2

6-

1

Publishing Co. of Ottawa, Ltd.—
Quarterly
.•
Kansas City Power & Light Co'.

8-

2

6-

8%

1

$20c
95c

4.20%
4.50%

non-cum.

pfd.

Kansas-Nebraska

1

8-13

1

8-13

9-

1

8-13

9-

1

8-13

50C

Gas,

(quar.)

com.

28c

7-15
7-12

6-30

(quar.)_i_

preferred

87'Ac

3lA% preferred (quar.)________
Keyes Fibre Co., $3 class A (quar.)
Keystone Custodian FundsSeries

B-3

from

(low-priced

net

from

net

Series

net

investment

special of 41c
Kidde (Walter) &
Stock

from
Co.

75c

fund)

income

realized gains).
(low-priced com.

B-4

from

9c

bond

investment

87'Ac

and

gains)

pfd.

(quar.)__

Extension
,

University

Co.

Lambert

(Alfred),

(ouar.)

;

(quar.)

$2.50

preferred

A

(quar.)

Record

Lees

(James)

Co.,

com.

(quar.)

iquar.)
Co.

2

8-

2

7-23

7-10

6-25
9-24

10c

1-10-55

35c

7-15

7-

29c

7-31

7-21

29c

10-31

10-21

12-24
1

7-10

6-18

$15c

9-30

9-15

9-30

9-15

12-31

12-15

12-31

12-15

25c

25c

9-10
10-

1

8-15
11-15

8-27
9-17
8-

5

Inc.

(quar.)

Sons,

3.85%

Lehigh Valley R. R. Co.

pfd.

(quar.)




Inc.

1

8-

3

6

7-17

96'Ac

8-

2

C

8-

2

7-15

2

7-15

7-

6

6-30

9-

1

8-17

7-15

6-30

7-15

7-

5

$1.06'A

7-31

33Vb%

7-28

7-

50c

8-1

7-9

(quar.)

Cash

15c

10-

1

.

7-20
2

9-20

A

(quar.)

J

(quar.)_

Co.,

6-18

6-18

7-10
-

Peoples Gas,

:_

7-26

7- a

"45c
25c

~*

10-

1

9-10

8-15

7-26

8-15

—33c

8-15

7-26

$75c

8-16

7T15

8-

$$1.50
—

10-

7-1

9-

8-26

1

9-

1

7-27

8-10
7-

6

2nd

Phila.

preferred

(quar.)

Inc.
(quar.)

common

(quar.)

(stock

div.)

Y.)

(quar.)

7-

1

Ne™

Corp.

(qu,ar.)__

(quar.)

of

B

1

7-15

7-

5

preferred

Plastic

Coal

——_

(quar.)

Wire

Gas

7-31

6-30

11'Ac

7-15

7-

1

$2.50

7-20

7-

9

7-15

6-21

$1

Corp.

7-15

6-30

15c

7-15

6-30

(quar.)

Portland

Inc.,

(quar.)—

com.

(quar.)__

6-30

6-30

7-15

7-

5

$1.25

7-15

7-

5

25c

7-15

6-30

8-

1

7-12

8-

1

7-12

7-15

6-18

7
3

Portland

10-

1

9-3

Potomac Edison Co.,

(quar.)

90c

9-3

4.70%
preferred B
(quar.)*_——
Power Corp. of Canada Ltd.
6%
1st preferred
(quar.)—_—

$1.17'A

Gas

Light, common—.—.
(quar.)—

109-

1

7-31

8-

6

7-16

8-

1

7-15

Pratt-Hewitt

8-

1

7-15

Preston

6%

3.60%

partic.

non-cum.

Oil,

7-1
8-10

Procter

8-10

Prosperity Co.,

$1.65

7-15

6-30

7-15

6-30

Gamble, 8%

'A %

7-15

6-30

56'Ac

8-

2

7-15

4'A%

8-

2

7-15

Quaker

8-15

7-15

6%

preferred

Quincy

Mining

7-15

7-

6-11

7-15

6-25

8-

9-30

2>)

12-30

7-

6

9

9-25

12-25

25c

7-31

7-19

5c

8-2

8-23

10-30

10-20

$5c
$5c

7-15

10-

1

1-2-55

Reading
4%

Co.,

2nd

Reda Pump
Reece

5%

Co

(quar.)

Electric

:

comnwrH^quar.)

Co.

Reliance

—

(quar.)
(quar.)

Reitman's
5%

&

:

Corp.

of

preferred

Y.

N.

8-

2

7-12

Reliable

20c

7-

5

6-21

7-

5

6-21

Republic

7-

5

6-21

Resistance

1

Resistoflex

7-15

7-

7-15

6-30

35c

8-

7-30

Revere

$37'Ac

2

7-15

6-15

20c

7-

8

6-24

8-2

7-1

Steel

Corp.

Racing

Rice-Stix,

Inc.,

2nd preferred

Inc.,

33A%

common

preferred

15c

7-15

6-30

Rike-Kumler

$5c

8-2

7-2

River

Brand

Roan

Antelope

Association—
25c

7-15

6-22

American

com.

1

9-

8-13

1

8-13

7-20

6-22

$1.50
35c

7-20

6-22

8-

9

7-

2

9-13

75c

9-

1

9-

1

10-

933Ac
1

1

8-12

7-15

50c

7-

8

6-17

6-29

3

6-16

8-

3

7-14

50c

(quar.)

7-31

7-21

20c

Co

8-

$10c

3

6-30

7-31

7-15

7-31

7-15

40c

7-

6

6-29

$27c

(quar.)

10-

1

9-15

$1.12'A
10c

^

(quar.)

6-15

7-15

7-

8-

1

7-15

$1.75

10-

1

9-15

$1.75

10-

1

30c

(quar.)

(quar.)

7-15

8-

2

933Ac

—

8-

37'Ac

(quar.)___

6-25

8-16

15c

(quar.)

7-15

5%

(quar.)_.

Co.

Rice

9-

35c

8-

(reduced)

common

7%
Rich's

$1.05

$25c

Association

preferred

8-13

7-10

(stock dividend)

1st

7-15

1

20c

Corp

7%

2

9-

$1,25

(increased)-

Corp. (quar.)
Ltd., class A

Welder

8-

20c

common

Corp..

5

40c

)

—_

Renbld Coventry,

Stores

—

(quar.)

$1.50

7-

:——

Engineering

(Canada)

8-

$1.06'A

50c

(increased)

Electric

Reinsurance

25c

r_

(quar.)

Corp. (Mass.), com.
preferred (qUar.)

6-30

3

—

—

(quar.)——————.——-

preferred

9-3

12-

(quar.)

com.

7-14
6-25

7-15

$1.12'A

—

(quar.)

preferred

2

7-15

$1

$2
$1.25

(quar.)

com——

Ralston Purina Co.,

33A%

6-28

com——-*

pfd.

(quar.)—

preferred
Oats,

6-18
10-30

7-15

5%

preferred
preferred

4.20%

7-15
11-15

$4c

(quar.)—

$$1.50
$75c

(s-a)

preferred (quar.)_
Public Service Co. of Colorado,- com. (quar.)
4

1

2c

preferred

Pripe Bros. & Co., Ltd.,

8-31

7-15

preferred

common

8-31

5%

—

(initial)—

com.

East/Dome Mines, Ltd.
&

——

—

new

6-30

7-20
8-

9-

15c

(increased)

7-20

65c
6'Ac

17'Ac
25c

""

9-3

General Elec.,

6-10

$1.50

6-

$5 preferred

6

$1.75

1

$1.25

(quar.)

7-

—

(quar.)—

—

Tools

Electric

6

$12'Ac

(quar.)

Cable

&

7-

Columbia,

—;

$1.12M>

(quar.)___^
common

Mines, Ltd

(quar.)

British

Pittsburgh & Lake Erie R. R. Co.

Products

&

7-

4c

1

25c

(quar.)

(quar.)

(fos

6-15

7-15

10-

30c

7-15

7-15
7-20

$1

10-

2%

Ltd.

7-15

$25c

lOc

6%|pfd.

Tel.

7-15

t25c

55c

Co.

Brunswick

7-

1

1

$1

Portable

15c

(quar.)
Car, Ltd. (quar.)

New

2

8-

8-

25c

Plymouth Cordage Co., common (quar.)
Employees' stock (quar.)—_—L

75c

preferred

New Dickenson

6

8-

—

7-12

50c

(quar.)

(quar.)

Stores

Inc.

1

(quar.)

(interim)

58c

Service Corp.,

National Theatres,

8

7-

Co.—

Aircraft Corp., 4'A% pfd. (quar.)—
Pitts., Cinn., Chicago & St. Louis RR. (s-a)
Pittsburgh, Ft. Wayne & Chicago Co.—

37'/ac

pfd.

Manufacturers & Stores Corp.

Steel

8

7-

7-12

75c
$1

Ry. (quar.)
Inc., $4 pfd. (quar.)

6c

Co.

Welding Machine

Starch

7-

7-29

Northern

2c

4'A%

(N.

7-29

97'Ac

preferred (quar.
preferred (quar.)
Philippine Long Distance Telephone
Payable in Philippine currency—

7%

9-10
12-10

1-2-55

4%

Mines

1

30c

3.90%

Pillsbury Mills,

9-10
12-10

10-

$2.50

$1 participating
Philadelphia & Trenton RR. (quar.)
Philip Morris & Co., Ltd., com. (quar.)

&

10-

$1

Co., com. (resumed)__
preferred (resumed)—__

Piedmont

1

1-2-55

30c

(quar)—

Transportation

97'Ac

Tel.

6-21
7-12

7-16

$1

7-12

8-2

7-15

2

$1.12'A

1

•

8-13

2

7-15

$1.12'A

1

1

9-10

1

8-

7-30

(quar.)

8-

7-15

1

9-

8-

(quar.)

(quar.)

8-

50c

5

9-10

25c

Piper

7-15

7-

7-10

40c

preferred

8-

11-19

1

10-

$1.50
—

quar.)

preferred

preferred

Gold

37y2c

Corp.

(quar.)

(increased

2

7-26

15c

._—

1st

Pioneer

12-15

7-26

32'Ac

1st

2nd

6-30

7-16

12-15

2

$4.50

$4

2

8-14

-

8-

$4.50

8-

2

9-15

1

35c

Philadelphia Dairy Products Co.

Finance

9-15

9

7-30

1-2-55

2%c

•

7-

9-17

10-

2%c

v

6-30
-

1

8-13

7'Ac

.

—

Co.

6-30

10-

S%

:

Light & Coke

Pepsi Cola Co.—
Permanente Cement

6-30

7-10

7-15

.25c

v

(quar.)

preferred (quar.)
Traffic Co. (s-a)__———

12'Ac

(s-a)

Co.,

National Shares

Common

7-15
7-15

Pennsylvania Glass Sand Corp., com. (quar.)
35c
5%
preferred (quar.)
:——
$1.25
Pennsylvania Power, 4.24% pfd. (quar.)
$1.06
4.25%
preferred (quar.)
—$1.06'A

$1834c

(quar.)

preferred (quar.)

Fno-lnnd

6-18

13c
54'Ac

•.

(quar.)

common

(quar.)_

t$1.75

Ltd.

Fuel Gas Co.
(quar.)
Hosiery Mills, Ltd., class A
(quar.)

prefe'-red

Natomas

6-28

—

common

Pioneer

40c

,

A

Linen

$1.40

4

9

7-15
7-15

dividend)*^-

(quar.)__—

Ltd.,

7-15

5c

Lead

National

6-

7-

6

55c

tbl.75

(quar.)__

dividend

National

National

1

$1.10

$1.05

(quar.)

Inc.

Co..

Department

National

4'A%

7-

$1.50

preferred

2

96'Ac

Quarterly

Class

1

7-15

$1.183A

•

.__•

preferred

8-

5c

(quar.)

Register Co.

National Electric

National

7-

Co.—

$1.32

20c

______

(quar.)

Company

National

6

—s

(quar.)

25c

$75c

(quar.)

City Bank

Stock

7-

7-

$1.12'A

$1.30

Penman's,

Ltd.

(quar.)

Airlines,
Biscuit

National

9

7-20

7-22

6c

(quar.)

National

National

6

7-26
7-15

$1
25c

com.'<quar;>——

Telephone

$1

Co.,

Electric,

7-

2

2

$75c

Straus-Duparquet,

National

7-

(quar.)..

$1.50

Co.

preferred

7-15

8-

8-

15c

(quar.)

preferred

7-20

$1.12'A

6-15
6-15

34aAc

com.

System, Inc.,

National

2

^

(stock

com.

lc

5

98-

6-21

2

8-

,

(quar.)

30c
;

&

Co.

30c

(quar.)

Corp., com. (quar.)
preferred (quar.)

11-

$20c
20c

Candy Shops,

2

8- 2
8-

& Co., Ltd.—

Diablo

National

Nat'l

8-

15c

common

5%

7-20

$1.25

&

7-15

10-11

62'Ac

(quar.)

Lerner Stores

4'A%

8-

10c

35c

Co
&

6-30

$15c

—

Quarterly
Laura

Leece-Neville

7-31

$15c

Sessions

Machine

9

37'Ac

class

(quar.)

Class B

7-29
7-

$15c

Inc.,

(quar.)

A

3

2

10c

T

Lambert

Landis

6-21

2

88-

50c

Lake Superior & Ishpeming RR. Co.
(quar.)
Lakeside Laboratories, $1.16 pfd. (quar.)
81.16 preferred <auar.)

&

8-

$1.75

j.

,

Quarterly

Lamson

6-30

50c

(quar.)

Class

7-15

$1

(quar,)

Ha

B

50c

8-3

10c

Co.

preferred

preferred

Nathan

50c

(quar.)

(Philip)

4.64%

7-

25c

pfd.,(quar.)—

&

Co.,

preferred

Pittsfield

series

&

preferred

6%

1
2

20c

Co

(quar.)

Narragansett

2

30c

5% convertible preferred (quar.)
5% convertible preferred (quar.)—
Parke, Davis & Co.

6%

7-15

8-

held

par)

(quar.)

(quar.)

Corp.,

Chemical

Penn

7-15

8-16

partial prorated payment)(2nd partial prorated-payment)-

Mfg.

$4

Extra

.

98-

$1.10

Mutual

6-30

6-30

10c

Mountain States Tel.

7-15

7-20

$1.22V2

class

B

Mount

7-9

25c

(increased quar.)

(quaj.)

Motorola,

9

a

(quar.)

Class

7-

fund)
and

Kroger Company. 7'/,
2nd pfd.
Kuppcnheimer (B.) Co. (s-a)_
Salle

1

100%

Corp.

Quarterly

12-15

8-

7-10

8-2

50c

(quar.)

(Henry)

10c

dividend

Kimberly-Clark Corp., 4%

King-Seeley

1-3-55

7-25

60c

(quar.)

A

3.90%

8-13

RR.—

preferred

4%
9-15

8-13

Co.

Co.,

(John)

6-21

1

45c
55c

stock

income
realized

net

10-

(quar.)

preferred (quar.)___
Co. (stock div.)

preferred

Morris

8-13

94' 1

15c

(quar.)

Morgan

Kellogg Co.—
3'A %

Power

redeemable

7%

-

1

9-1

85c

Montgomery Ward & Co., common (quar.)—
Moore Corp., Ltd.. common .(quar.)
4%>

9-

933Ac

(quar.)

preferred

preferred

7%

8-13

$$1

Ltd.

Paper

Society,

Morrell

(nuar.)

Natural

9-

$1.12'A

(quar.)

preferred (quar.
City Southern Ry.—

Kansas

4%

preferred

,

'

9-

$1.05

preferred (quar.)
preferred (quar.)

6-22

$1

3.30%

7-15

1

933Ac

,

preference

$4.20

6-29

9-

1

(quar.)

Ltd.

Chemical

Montana

7-12

45c

(accum.)

preferred

$3.85

$6

.

Loan

5'A%

Monsanto

Journal

4%

preferred A

Monroe

1

50c

(quar.)

7-15

$2.25

& Supply, com.
412 % .preferred
(s-a)

4'A%

Ontario

(Robert),
Quarterly

7-20

5c

pfd.

Mfg.

Rhoads,

Mitchell

pfd. (quar.) __________
(quar.)____

Co.,

7%

Co.

Telegraph
6%
preferred (quar.)
Packard-Bell Co.
(quar.)

$1

8-16

quar.)

v

6-30

$25c

Light' Co.—

Telephone

Park

7-14

(2nd

5%'pfd.

6-21

7-1

Mississippi Glass Co., 4% preferred (quar.)_
Mississippi Shipping (quar.)
Mississippi Valley Barge Lines Co. (quar.)__

9

Electric

&

Pacific

7-

$1.06'A

Minneapolis & St. Louis Ry.

1

$1

Light—

Common
y

Pantex

7-14

1

Corp

preferred

6-21

8- 2

imonthly)___

Missouri-Kansas-Texas

_________

Works

Laboratories

&

($2.50

common

(increased

$4.40

6-21

7-26

(quar.)

Miller

Miles

Gas

Pacific Power &

7-15
6

common

Corp., $4.75
preferred (quar.):

7-15

$3

(quar.)

Products
Co.

Miller

(quar.)

(initial

&

Abrasive

6-15

(quar.)

Quarterly ___J
Joslyn

6-24
9-

7-10

1

23c

-

(s-a)

(quar.)

$1.05

7-15
12-

vi

1

Co. (stock div.).
(83'Ac par)
for

$4.50

6-30

9

(quarterly
interest)

Pabst

88-

(quar.)

com.

Inc., 4% preferred
Brewing'Co.
(quar.)—*—.

'

7-15

50c

(quar.)

Products,

Pacific

7-15

j

Mfg.

Pacific Lighting

6-30

■

Ltd.,

Fiberglass

2

6-15

6- 1-

&

of

1

7-

12-15

class A

—62'Ac

Co.

7-

7-15

$20c

Paper

7-

7-15

5c

(quar.)__

(quar.

preferred

9-15

Johnson Ranch, Royalty

Joplin

preferred

7-15

__

3

7-20

1

$30c

-

Corp.
(quar.)
Electric Co.

10-15

(quar.)

7-15
8-

&

4.40%

$1.09

pfd.

Forming

4.90%

9-15

7-9

8-2

$1

2c

$75c

10-15

•

$31'Ac

common' (quar.)

7-14

1

Pabco

25c

(quar.)_

com.

$75c

.

$4.22 pfd.

con v.

preferred

preferred

Jewel

2

7-14

•75c

—

10-13

Breaker iCo..

Jersey Central
4%

8-

9-15

7-31

56'Ac

Ltd.—

Co.,

$75c

(quar.)

55c

1

share

Owens-Corning
Oxford

'

6-30
9-15

7-31

(quar.)

of

6-30

•

(s-a)

(s-a)

■

$4.36

2

11-

preferred

_____

convertible

6%

35c

8-

1

shares

each

7-15
9-30

$$1.75

Products,

Marine

Peninsular

Co.

Johnson & Co.,

4%

Two

20c
10c

iquar.)

>25c

Inc.,

Co

8-16

25c

Co.,

&

Mfg.

Michigan Gas

Mead

Steel

preferred
Elevator

7-15

$50c

and

Mines,

G.)

McQuay-Norris

7-15

35c

—

_.

International

Porcupine

$60c

6-15

7%

8-25

$$1.25

(quar.)____

Trust,

(quar.)

(Arthur

25c

LtdMl com. (quar.)_

International Telephone & Telegraph Corp.—

Ontario

7-30

$1.12'A

(quar.)

pfd.

conv.

Filters

40c

;

7-30

(quar.)

Outboard

$17'Ac

Co.

B

preferred

40c

4'A%

United

Class

11-1

(quar.)

preferred

McKee

t $ 1.75

Oliver

Town

50c

(quar.)

7-30

8-16

——

Corp.

4%

Ltd.—

(quar.)_

Corp.,

62'Ac

(quar.)__

8-16

59%c

Gas & Electric Co., 4% pfd. (quar.)

Oliver Corp.,

8-13

6-30

8-16

_____

Old

$1.50

com.

(quar.)

Oklahoma

(quar.)

partic. pfd. (quar.)

divs.

preferred A

6-15

7-15

7-30

61'Ac

Co., common—
preferred B (quar.)

6-30

8-1

9-21

1

30c

Gas

6-30

(s-a)_

R.

Natural

7-15

9-10

1

9-

7-10

$$1.75
40c

7-15

15c

6-30

10-

50c

(quar.)__

7-15

62'Ac

Y.)

pfd.

7'/2c

(quar.)

(N.

Okla

Portland Cement (quar.)

Ltd., 7%

125c

30c

6-15

7-15

States

Co

31'Ac

(W. L.) Corp. (stock dividend)
May Department Stores, com. (quar.)
$3.75 preferred <quar.)__-i
$3.75 preferred (1947 series)
(quar.)__
$3.4o preferred (quar.)
—McBryde Sugar, Ltd._

7-15

6-30

7-22

Maxson

50c

6-30

7-15

7-1

Corp.

$37'Ac

com.

9

7-20

90c

(quar.)_____

8- 1

Co

(quar.)__

Co.,

7-

3

20c

(quar.)

$1.75

—

International

75c

(Minn.) com.

6-30

133Ac

preferred

Candy

8-

$37c

(quar.)

6-30

6-30

—

12c

62'Ac

(quar.)

convertible

Muller

7-25

7-15

—

Co.

Investors

Chemical

3

7-22

7-15

15c

Valley R.

3

7-

2

7-15

(semi-annual-

paid out of

7-

7-14
8-

$1.02

Corp

Massachusetts

9-20

preferred

7-14

32'Ac

$1.20

9c

Ltd.,
quar.)1

7%- preferred

2

Telephone Co. (quar.)_
Northern Quebec Power Co., Ltd., com.

$3.60

6-22

$1.06'A

—_

Ohio

Ry.

6-22

1

$1.02'A

Marine Midland Corp.—

9-21

(quar.)———.

Pacific

1

8-

$1.12

(quar.)

Northern States Power

8-

Service—

preferred

preferred

Northern

6-30

20c
$1.25

common

4>A%

8-16
9-21
12-22
7-8

7-15

$2

4'A%
Northern

6-22

(quar.)

(annual)-.wl

Ltd.

Gas

&

Public

7-21

(quar.)

-r--

Mar-Tex -Oil

(s-a)

Gas Co.,
(quar.)

Indiana

1

(quar.)

(quar.)

Maritime Tel & Tel Co.,

27'/2O

profits)'';--.'—————.—_____________
Co,

7-

3

Northern

7-12

8-

preferred

Inc.

Co.

Rubber

&

preferred

Co.

(s-a)

preferred

Bonus-

Massawlppi

realized

Fund,

Maple Leaf Gaidens,

4»A%

Inc.

from

3c

Tire

Illinois

5%

30c

2

preferred

pfd. A

pfd.

M R A Holdings Ltd., 5 %
5-

Northern

Ry.

6

8-

$4.10

—

4'A%

&

Central

7-15

7-

$3.50

(quar.)_

guaranteed

8-10

$4.08

______—_i___

Manufacturers Trust Co.
•

Fund-

Institutional Income Fund,

Insurance

Mansfield

9

8-

Quarterly of 9c from ordinary income and
21c from security profits)
and

9

583Ac

Imperial'Tobacco (Canada), 4%* pfd. T quart)
Indiana Steel Products (quar.)i:_—1——

income

2

7-

—

(quar.)

Growth

2:

55'Ac

$37'Ac

Institutional

8-

53 'Ac

receipts ord. (stock dividend)Assurance- Co.
(Canada)

Life

51c

—

,—_________

Imperial'Cheriiical Industries, Ltd.—
Aruer. dep. receipts ord.
(fin^l)——
Imperial

V

Northern

7%

(quar.)
Co.

$4.80

(quar.)_

common

Ltd., 5%

(B/)

RR..

Inc.

7-2

(quar.)__
Garden Corp

Bond

Refractories

(quar.)

(P. R.), 4'A%' preferred

Mallory
0-

$3

(s-a)—_—

preferred

common

(quar.)

Square

Aviation

American

8-

8-9

(quar.),

'quar.)

preferred

American

North

7-1S

8-12

50c

(quar.)

(quar.)

North

North Carolina

6-30

2

9-10

993Ac

(quar.)

com.

8-2

com.

common

& Co.,

adj. preferred

pfd.

Co.,

75c
25c

33A%

Ry.

$1.25

(Ky.)

par)

Forbes,

Mailman Corp.,

R.-~•

Illinois PowerCo^,

(R. H.)

Co.,

8-1
8-5

preferred B (quar.)______
Mading Drug Stores, com. (increased

6-30

8-

15c

2

&

preferred

15c

(quar.)

—-—r—--—,

non-cumulative

4%

9-17

(quar.)______

Lr~-+Z--Z-—

Extra

9-30

$1.25

(quar.)

4%

7-10

9-1

(quar.)———

preferred

MacAndrews

Western

Ogilvie Flour Mills,

($25

preferred

(J.

J.)

9- 1

9-14

9-1

Co., Ltd. (quar.)
System
(initial)_

Lyon Metal Products,

6-15

7-15

Newberry
Norfolk

&

$1
$1.50

(Ohio)—

(quar.)

38c

(Walter M.)
Carrier

preferred

25c

1*

(quar.)

preferred

Lowney
Lynch

8-13

$20c

preferred

5%

6-30

7-15

$40c

B

5%

Telephone

(quar.)

preferred
preferred

Louisville Gas & Electric

2

6%

Corp.—
(Initial)

common

Newark

1

Holder*

Payable of Rec*

York Shipbuilding

New

Baltimore Hotel—

Lord

6-30

$1.10

(quar.)__—_____—
—

Longlnes-Wittnauer

7-

Company

25c
20c

(quar.)

(quar.)

(quar.)—
Watch (quar.)

8-

1

class A

(Mo.)

Lighting

8-

7-15

9

Island

50e

Huttig Sash & Door Co.

Illinois

Candy

25c

(quar.) —

9-1
10- 1
1-2-55
8- 2

(quar.)
Lock Joint Pipe Co., 8% pfd.
(quar.)——
8%
preferred (quar.)_____——

50c

common

7-15

11 'Ac
$1
$1
—-—10c

Preferred

7-15

7-15

8-

10c

7-15

—

___—_—

A

7-15

—

—

(quar.)

com.

$75c

37'Ac

preferred

preferred

(quar.);

Corp.,

12'Ac

(quar.)
(quar.)

2

50c
50c
50c
10c

_______

10c

Class

Ltd.—

Worts,

Finance

(quar.)—
(quar.)___

Extra

7-15

7-10

50c

(quar.)—____—

Corp..

%y preferred

7-

$1.00

guaranteed
guaranteed
guaranteed

2

8-

$1.25

—

(quar.)
"Hudson Bay Mining & Smelting, Ltd. (quar.)
Hughes-Owens Co., Ltd. class A (quar.)
6.40

7-23

7-15

(quar.)—

preferred

Class

6-25

8-13

$1.10

—

25c

Co.

preferred

4.40%

7-10

(quar.)

(quar.)

Special

25c

________—.

(quar.)——_

com.

Original

Original

9

9-11
9-11
9- 1
9-1
9-10
12-10
3-10-55
9-10
12-10
3-10-55
8-2

50c
37'Ac
35c
87J/2c
$1.10

(quar.)

(quar.)

9

8-16

7-24
10-24
8-31
8-31
8-16
8-16
8-18
11-18
2-18
8-18
11-18
2-18
7-15

New

-

(quar.)___—

RR.

Original

7-15

45c

Corp.,

preferred

7-

(quar.)

Shoppes,

2

9-15

8-1
11- 1

Name of

(Fort Wayne)—

___—

50c

Miami

7-

(quar.)

Co.,

Co.

.

Carbonic

3'/2%
Little

7-31

25c

(quar.)
Ltd.

H.)

Insurance

2

8-

7-

Liquid

7-31

(quar.)—

Hollingshead (R. M.) Corp.
Holly Sugar Corp., common

Home

7-26

53 '/bC

(quar.)

common

5

35c

——,—

.

&

5

7-

93 %C

_____________

/

40c

50c

(quar.)

Lincoln Service Corp., common
$1.50
preferred
(quar.)

6-30

5c

(reduced)
Hecht Co., com. (reduced)
3^4%
preferred (quar.)—__—
—
Heinz (H. J.) Co., common (quar.)
Hershey Chocolate Corp., 4'A% pfd. A (quar.)

Hoe

7-

7-15

7-31

30c

preferred B. D, E (quar.)
Fund (quar.)_____——
Hayes Industries, Inc. (quar.)———

Higbee Co., common (quar.),—____——
5%
preferred (quar.)
__
Hines
(Edward)
Lumber Co.
(quar.)

7-15

25c

15c

12'Ac

——,—

%'fe

Mfg.

Co.

Quarterly

Quarterly

Haydock
Hayes

Salt

Payable of Rec.

Share

683Ac

—

(quar.)__-_-

Hawaiian Electric Co.,

4y*%

of Company

$12'Ac

—-

Hartford
JHartz

Share

"

When

Per
Share

..

Name of Company

8-

2''

2
1

9-15
7-20

'7-20

50c

Mills

(quar.)

Copper Mines,
(interim)

shares

J_—

7-15

6-30

28c

8-

2

7-12

7-13

6- 8

Ltd.—
7'Ad

14)
Number 5339

Volume 180

.

«

The Commercial and Financial Chronicle

.

Insurance Co.

Rochester American

(N. Y.)

6-18

Temco

8- 2

7-5

Terminal

'

'

Ltd.,

Rolls-Royce;

dep.

Amer.

,
—

$1.18%
10c

I2V2 %
.i

Corp.,

common

■Rouimoor

Class

A

Corp.1 (quar.lei

_v;,

—--

Royal Oak Dairy Ltd., class A (quar.)

8-3

20c

,v,

$15c

8- 2

..

7-30

8-14

Title

Royal Typewriter Co., Inc.—
(reduced)

Common

0/2 %

30c

7-15

75c

7-10

Ltd.

(quar.)

$50c

7-26

7- 2

Corp.

Lawrence

St.

(quar.i__

.

3-/c

(quar.)

$1.25

5%

convertible

(quar.)

$1.25
25c

preferred

A

Saguenay Power Co., Ltd., 4%%

(quar.)

pfd.

Gaf & Electric Co., com. (quar.)
5% preferred (quar.)
4% preferred (quar.t
4.40%
preferred (quar.)i
San Miguel Brewery, Inc.'
Map

Savannah Electric & Power—

5.36%

preferred

Schenley
Schuster

(Ed)

25c
:—18%c

.____

;;25c

Schwitzer-Cummins

Co),

25c

com

(5 V2% pfd. A (quar.)
Scott Paper Co., $3.40 preferred (quar.).
$4 preferred
(quar.t
Scovill Mfg. Co., 3.65% pfd. (quar.)
3.65%
(quar.)
preferred
_

4.30%

1

Steel

Seaboard

Co.,

$2.12

convertible

$5.75

preferred

Securities

Security

preferred

(quar.)_______
____.

Acceptance Corp.,
(quar.)

American

'(From

Shares,

investment

Common

of

$2.12

Common
$2

Smith

$4.50

7- 3
7- 3

7-10

.

Aircraft

Co.

7-27

8- 2

7-1

8- 2
7-15

8- 2
7-30

6-30

7-30

Southern

Advance

Bag

8-10

10c
pfd.

7-15
8- 2

$1.12¥2
30c

(quar.)

Co.

(quar.)

& Paper

6-30
7-9

8-26

7-15
8- 3

6-30
6-15
7- 1
6-15

t50c
50c

:

.

4V2%

8-2

25c

(quar.)

'

Calif.

Southern

4.48%

Edison

preferred

4.56%

Co.,

United

Shoe

Calif.

(quar.)

participating

preferred

Colorado

Southern

Class
U.

Power

Co.

$6
U.

S.

7- 5
6-30

4>/4%
U,

preferred

Insurance

Co.

7-15

United

8- 2

7-15

$4.20

7-15

6-19

Universal

50c

Quarterly
Southwestern

Public

9- 1
8- 2
8- 2
8- 2
8- 2

25c

8- 2
8- 2
10- 1

25c

Service,

12-15

preferred

(quar.#.___:

4.25%

preferred

(quar.)

33c
92Vic
97V2c
$1.03%
$1.06%

4.40%

preferred (quar.)

$1.10

4.60%

preferred

$1.15

(quar.)

com.

3.70%

preferred

(quar.)

3.90%

preferred

(quar.fc—_____:

4.15%

(quar.)

Spokane Internatibnal RR. Co. (quar.)

—_

Quarterly

Spokane

Portland

Cement,
4

Additional

Standard

Commercial

Standard

Fire

(Trenton)
Standard

Class

B

Insurance

of

Standard

Standfields,

Corp.

(quar.)

(quar.)

—

Stecher-Traung

preferred
of

Co.

4Vi%
Stix,

15c

1

$4

Co.,

&

Co.,

15c

Supertest

5%

Corp.

of

Co.

Ventures,
Victoria

&

Vulcan
Extra

of California

Ltd.,

com.

(s-a)

Inc

,

Vulcan

Detinning Co.,

Walker

&

Warner

Co.,

5%

preferred

Quarterly

$4.25

preferred

Fenn

conv.
-

Co.,

common

preferred

(quar.)

_

West

Kentucky Coal Co. (reduced)
Michigan Steel Foundry
7% prior preferred (quar.)
West Penn Power Co., 414% pfd. (quar.)__
4.20%

preferred

4.10%

preferred

Western

(quar.)

1




(quar.)

Securities

A

RR.

5%

preferred A
preferred A
preferred

1'

7-15

7- 2
6-22
6-24

7- 7
7-

7

A

2

7- 6

7-20

7- 6

Wisconsin

t40c
$$1.25

7-15
7-15

6-24
6-24

Wood

8- 3

7-12

Class

B

(quar.)

iquar.)

prior

(quar.)—

preferred

(quar.)
Whitehead Bros. Rubber (quar.)
6%

Corp.,

(quar.)

common

preferred A (quar.)

Wichita
Wilcox

Union
Oil

Co.

Stock

Yards

(s-a)

Wisconsin Electric Power,
Southern

(Alexander)

Gas

Ltd.

the

6%

7-20

10c

at

)e

.

8-2

7-1
6-30

8- 1

6-21
6-18
6-18
7-23
7-15
8-13
7-12

7-15
7-15
7-15
8-16

87V4c
10c
17',4c
$1.50
40c
25c
35c

8- 2

9-1
8- 2
"

■

'8- 2

•

■

4

)elawan

* *

Mversifi

#

7- 9
7-31
8- 2

6-25
7-16
7-15

7-15
8-17
7-15
9-15

8- 6
6-25

tl5c
t20c
15%c
37(4c

7-1

9-1
8- 2

7- 8
7- 8
7-20
8-20

$1.1214
$1.0614
$1.25

8-26
7-15
7-31
8- 2
8-10
8-10
7-15

20c

9-1

3c
25c

7-23
8-2

.

8-31
8-20
7-16
6-28
6-28
7-10
7-30
7-26
7- 1
7-14

7-15
7-23
7-23
7-1
8-13
6-25
7-9

1714c
$1.1214
$1.50
$1.0214
t50c
$35c

8- 1
7-15
7-15

7-15
6-18
6-18

7-15
7-15

6-18
6-15

|7-15

6-15

rv 0

J-4'

Stock 1

Mversifi
1 Mversifi
mi+J
Series
•*)■■.

*.■

*.

mi

Co.

Indiana. !**e.—tiffed. M

of

This

offering

The

net

redeem

to

&

t*

Stock

$36

at

i|jQUlty

t

%?fX tnancis

>r,r.-.d*

jwr* *Lar*

.^irst Bo

*4 #

.4

i :v |

■ Uarffee*
*
h
ahatr* wi ♦ fb

proceed^.

outhtandinf

.u

-a

M'

wounder
pranklii

BUSINESS--The

Indiana,

company Is an tBrTie t

70

serving

out oi

92 count

'a'.

lie

««

supplied electric wrra* tu 3% >1
unincorporated curomBtime* m

and

towns

EARNINGS—For

operating

•»

F,

Series

G,

Series

H,

3%,

J,

3%%,

Series

K,

•*

Prefei

fundam

futures

due

*£i.

A

Group 1
*1

fiaf 4

<*

if*

Auton

-4

Aviat;

S

i

1963

I
I

due Jan.

■

v

Build:

•

I,

July

*
-

I

Jan.

due

General

Vr:V;lXt

TO

i»:$

1

,

3%%,

Unsecured

•

i

,

i

IM4

■*<

Capit

f-S !

Chem

ii-'A '

-

Comi:

notes:

Elect:

Nov.

maturing

3%

note,

4%

notes,

1

WM

1944

I,

seriaiiy

maturing

1961....

7,

tfttCT

GIVING

due Sept
3%%, due Nov.

3 '.4%

•

12

bonds;

mortgage

Series

comn:

I

' Aj :-if M.
t <4 *'•*■ t'f Gas Inc
of ibVAGeneral

the

revenues

CAPITALIZATION

.*••«♦ *•

■<

.

A

*

company

had

for-

yfj***•

stock.

the

Balan

fidelity

redeethabl*

is

Eqi

!*f<

to

Food

rt i

.......

Fully

Cumulative preferred stock tpar
31/2%

pld. stock
pfd. stock

series

4.32'{

series

amount

The

bonds of

-Vj

.

■

Gene
-4

-f

n.%

t

H-.

Blyth

:

,t#

t,.*

inc..

the

if

r(.

■#«"-#•.?

Toba

Utilil

»a

Guard!

Haydo<

#orp

Ripley

k

Lynch,

Merrill

n tm

Witter It Co

■ft

7-15

8-2
11-1

60c
$1.25
75c
$12VaC
$17'.4c
$1.43%
$1

7-15
10- 1
7-15
7-31
7-31
8- 2
8- 2

6-25
9-10
6-18
7- 9
7- 9
7-16
7-16

8-1
8-16
8-2
7-15

7-20

public

8- 2

7-15

7-10

ft

Aetna
ft

*
j

1
«

Agrlci

I?

Ameri
* ft

ft".

v

Ameri

amendment.

7-1
7-1

Act-pa
Aetna
a

-1* *

*

)

14 ii

Moseiey

8- 2

A- '

14 hvftt

Langley It Co.
It Co
Salomon Bros, k Hutxier
C.

S.

*

t

•ft

ii

Hemphill, Noyes It Co. ...
14
A. C. Aliyn It Co , Inc
Central Republic Co. 'Inc.» 14 **■■**
F.

1

*

H on)

.

a

«•

•

•«

21

■

r-

!<•,<.

W f

21 W *

J ft, (l'rl#

W.

U

21 i'

;

Becker It Co. Iitk;W.

G.

■in
t,

21

Corp

Weld It Co....,*,

White,

Inst

b
ft

»

A

_

Securities

Inst

J

I.'-

Webster Securities

&

Corp.
Union

Inst:
"

J

2i

Instl

u
e

t*

ti

;.

Barney It Co.

Stone

>

ntfou

V

;

,

Instl

Fc

4

n

Pierce,

& Beane

Smith,

A.

Co..

Institu

i

i

11*

v

,

Incorpi

-T

t

t

*

*

Incomt

■%
P

#

21 OvM

.

Brothers

Lehman

Dean

.

It Co,...

heaoody

*

H

*

.3^.3^

Ktuuer.

ner

.

Sachs

Inc.

■

.

f

nf-

It Co
It Co.

Forgan

/

.

Hudsoi

*

21

Boston

Harriman

$2

2- 1

—V.

179,

8-20

7-30

$1.50

7-31

7-16

7-15

6-30

I

Amer
t

i

*

2810.

p.

'
*

Ameri

#'

Ameri

Auton

Public Service C ®. ®f

'if

New

Banki

Securities and Exchange i *» * j -t
Jaiw 25 t .* i
SEC cover.n« 75 000 ». »»'
* 1
»'
oifered for public wti* thf m'l a*
First Boston Corp
and K,
The

Net

company

■ .»nd

oifering

dividena

.

.

the balance ft r part

$4,500,000

to

Wl.iih

^ ^

■

Bosto

Came

ft

Conni

1

Conti

*•'

Cruni
*

uj

Empl
Empl

I'

•
t

Fedei

/■Vt

Fidel

ft

proceeli ire to be u>4 :
5 40

stock

on

m

Fire

t» t

Irer

Were

6-30

7-16

$1.1
ft

'i

13

Anthony k Co

Tucker.

Ameri

'1
14 >

Struthers k Co

Wood.

*+

14 (N t*

Trask It Co

Spencer

tion
are

Firer

other ««»t p t •> i
eslitnuted at $1
tee#
lor

and

Gent
Glen

Puget

Sound Power *

tM% < •

Glob
•

Woods Mfg.

(One

pfd.

share

B

Worcester

4.44%

Wrigley

Co., Ltd.,
of

stock

(stock div.)

4%

for

County

preferred
(Wm. Jr.)

non-cum.

each

share

Net

—

redeemable

6-23

Co.

(monthly)

$1.11
25c

8- 2

8- 2

7-15

7-20

net

income

mouths

This,
of

ftnded

repr* ♦"

' *

31.

14

Glob

Grea
Ham

"

♦

•

Gulf

.

■

a

M*y

'

er •

equal to $1.84 a »*•.«•'* ♦'
outstanding.
It *** at' **•»
President.

Electric
(quar.)

InCtJflfe for »h* 12

840,

7- 9

held)

1

Steel

Growtl

new

Eastman, Dillon It Go.

Goldman,

RR

r<-»

a*

Blyth & Co.,

Glore,

Railr

Railr

HA

f irst

Mini!

-v £

$25 per share;

The

Merc

Petrc

IF-pt
sur-'vet ,14

W The several

Co.,

&

purchase

to

Instil

i

"r, c't

underwriting agreement with Itt* r»"«

agreed

Indus

•$.

4,

<4

5

»

ft

w,

♦n»-

series may be

any

through

ft -

,

Bsitahk

bonds

of

and deed of trust
is unlimited and,

mortgage

amended,

$2V«..

«p»r

:

if.mii

j - 4 JK-a

<par

pfd. stock (par
(without par Valde

series

4.16%

Common stock
*

&

Haton

two-

w a* ovc;fui

prices scaled downward to p«r aft f

used

7-12

30c
$2
10c

Chamber* Trutf

Vegh

*

s T<*

♦

closed.

PROCEEDSbe

7-16

$15c

(quar.)

-n

*

—

stock

The
and

7-10

8- 5

V

Vegh

Mvidend

Service

books

the

6-30

20c

pfd. (quar.)—

(quar.)

tra^u-#

Uwrinx tm
UtclaiM1

the

Butiah

Beacon

Series

2

8-

with

the

accrued dividends.

6-30

25c

(quar.)

Gonsolidi

i

:

2200.

p.

$2

(quar.)

and

Blyth & Co, Inc, rwadr-d
group which on June 30 ottered tewPw
cumulative preferred stock at par (1^*)

Corp.—

Wheeling & Lake Erie RR., com.
4% prior lien (quar.)
White Sewing Machine Corp.—
$2

also
oi

50c
15c
25c
3714c

(quar.)___

Stationery

Western Union Telegraph Co. (quar.)
Westminster Paper Co., Ltd., class A
.

lawyer

Jr,

Boyd,

is

Ottered

6-14

8-

$1.25
$1.25

(quar.)
(quar.)

v--l

has been
«,
d ,<«
the death oi hi* father. Cabfc i*.rsr«-

8-16
11-15
$1.25 2-15-55

——

(quar.)

preferred

1 &

by

178,

6-14

Co.

&

Tablet

Common

7-20

7-15
9- 1

8-2

Co.—

(accum.)

Pacific

Western

(quar.)

(quar.)

Insurance

class

$2.50

5%

class A

preferred

Western

5%

(quar.j

Ltd.,

Grocers,

$1.40
Western

8-16
7-12

8- 2
9-15

6-11
6-16
6-18
7- 2
7-2

West

9-10
8- 2

20c
27c

(quar.)

com.

(quar.)_

Weatherhead Co., $5 preferred (quar.)
Wellman Engineering Co
West End Chemical Co., 6% pfd. (accum.)__

7-15

12- SI

(quar.)

(quar.)

Washington Gas Light Co.,
$4.50 preferred (quar.)

8- 1

9-|l

(quar.)

(quar.)

com.

Swasey Co
Warren Bros. Co., common

7-15
10-15

10- 1
1-2-55

pfd.

7%

&

8- 2
11- 1

50c
50c

(quar.)

1

8- 2
7-14

$1
35c
25c
25c
25c
6214c
45c

,

>loncord

'.-4

Ireyfus

7-13

50c

(quar.)

;

25c

(quar.)

(quar.)_

America,

Steel

j;, Oomposit

irown

UNDERWRITERS

—

»

income—

Loring,

Rice

Public

7-13

7-15
7-16
7-10
7-14

60c

Trust Co, (quar.)
preferred (quar.)
—
Railway Co., 6%
pfd. (quar.)

Crucible

20c

(quar.)

8- 1
8-

$1.25

——'

Gomposit

I

J/

i

•■•It

Plymouth Cordage Co.- -New Direct*.r lottedCaleb
Snow

Co.—

B.)

Grey

Virginian

Whiting
(quar.)

(quar.)

Corp.,

(J.

(s-a) —._

Vinco Corp., 5%

25c
$1.12Vi

(quar.)

__«

preferred (quar.)
of America
(quar.)
Ltd. (s-a)

7-20
6-1
7-15

7-

(quar.)

com,

Corp.

8-2
7-15
8- 2

25c
20c

$1

*

&

(quar.)
Co.,

class A

Vanadium

7-1

12Vic

(quar.)___

(quar.)

common

Co.

'

■

Divide:

7-15
7-31

''50c-

Sciver

5

$2

Service—

Petroleum

Co.

4.32%

9-14
8-27
9-15
7-1

(quar.)

(quar.)

•

65c

________________

Spring Corp.

preference

Taylor

10-1
9-10
9-30
8-2

8-16

$1.06V4
35c
25c

(quar.)
2nd pfd. (irreg.)

conv.

Insurance

$1

-

.

(quar.)

(quar. 1

preferred

&

43%c

—_

Co

(s-a)

Special

Swift

30c

(quar.)—

(quar.)

Davin
Co.

preferred

5%

Propane Gas Corp.—
pfd. (1952 series)

Super Mold

Sweets

12-31
8- 2
9-10

9-15
12-5
7- 7
8-27

56c

common

conv.

Oil

5%

9-30

7-15

8-5
8-31

50c

preferred

$6

non-cum.

20c

RR.

preferred

4Vi%

,

Van

Inc.

(quar.)

Fuller

Electric

2nd

5v20%

Sun

7-10
7-10
7-15

$1.25

i

——

.___

Textiles,

preferred

2nd

Suburban
.,

8-1
8- 1
8- 2

25c

Stubnitz Greene

-

6-30

25c

Co.

&

Suburban

$4

7-15

(quar.)

Strawbridge & Clothier
Stuart

6-18
6-18
8-4
6-30

(quar.)

Whatley

Brook

Stony

7- 9
8-14
7-15

Inc.

preferred

Stockton

8-10

7- 9

Ltd.

&

1st

8-20

Stores

preferred

Baer

7%

6-25
6-25
6-18
6-25

Corp.—

(quar.)

Stern

&

7-10
7-10
8- 2
7-15

Canada

Bros.

Stores,

Upson Co. (quar.)
Valspar Corp., $4 convertible pfd.
Van Camp Sea Food Co, (quar.)_

7-16

$1.25

(extra)

Lithograph

preferred (quar.)—

Sterchi

7-23

$15c
$10c

_____

.

Home Products,

Stanley

7-6

20c

(increased)—

class A

Ltd.; class A (s-a)—

B

6

?15c
tl5c
12Vie '
430c

(increased)

Co.

Ltd.,

Stanley Brock, Ltd., class A (quar.)_
Class

8-

12Vic
12Vic
15c
93%c

(s-a)

B

8-31
11-30

50c

—

(quar.)___
Silica

9-10

+20c

Radio,

B

convertible

Extra

l

12-10

5%

div.)

(Ohio), 3%% pfd. A (quar.)

Products

Standard

12-

J.—

N.

(quar.)

Oil Co.

Standard

Class

(stock

Tobacco

8-13
7-20
7-20
7-20
7-20
7-20
7-20
9-15

luc

.

Milling Co.—

Standard

Class

.

7-12

10c

additional——_
_..

Holding Corp., class A (quar.)
(quar.)_—_———————

"

Standard

7-15

9- 8
7-23

10c

7%

8- 1

(Dallas)—

8714c

37V4c

Corp,

preferred (quar.)_
United Stockyards Corp., common

8-13
6-18

9- 8

9-22

15c

(quar.)_:

6-18
6-30

9-15
8-< 2

9-22

$1.50

common

I

)e

•First

7-15
7-15

62Vic
10c

7-15

20c

45c

(quar.)
(s-a)_.

7- 2
6-30

25c

(quar.)
U. S. Smelting Refining & Mining Co.—

70c

(quar).

8- 3

& voting trust ctfs.
Machinery Corp.—•

Universal Leaf Tobacco

Southwest Natural Gas, common
Southwestern Life

Shoe

S.

J

i.

# Gommon

2476.

p.

trustee, of

$38c

(quar.)

*

.

Fund I

fei» 7

railway......

oper.

179.

and

common

preferred

ry.

—V.

—V.

40c

U. S. Plywood Corp.,

Hoffman

Preferi

-

-it

»•

ie

7-2

(quar.)

7- 5
7- 5

from

7-20

20c

7-31
7-31
7-31

Net

7-20

common

preferred

'hristiar

3.0715^;

railway..

8-2

(interim)

S. Glass Co.,

Railway Co.—

non-cumulative

Stern

2nd

from

Gross

8-16

Foreign Securities Corp.—

Common

'entury

Golonial

Ul.l'i

income.

oper.

8-16

common

20c

Southern New England Telephone Co.

Southern

Steel

B

A

class

$1.20

(quar.)

(quar.)
Power
(initial)

Nevada

Southern

5%

S.

Co.,

ry.

director

$10c
$2.50
(s-a)25c
com.
(quar.)
62'/2c

Corp.,

(anada (

From Jan. 1—

Loriftg

(quar.)
Inc.

f$1.50
17Vic

(quar.)

preferred

4.80%

5%

Foil

Net

and

preferred (quar.)
United Specialties Co. (reduced)
U. S. Fidelity & Guaranty Co. (quar.)

Southern Indiana Gas & Electric Co.—

.

Machinery

U.

7-15

_____

lullock 1

I

lal

railway_-___.

Mr.

6%

S.

from

7-20

Corp.—

Ltd

Canal

Shirt Distributors,

U.

Net

7-20

7-15

SI

iroad

$b52l<*5

railway____

8-16

75c

Mines,

RR, &

J.

United

6-15

'

,

Hill

Keno

United N.

from

Gross

8-16

$30c

.

jowling

ihemical

$1.1214

$1.1214
$40c
714c
5614c

(quar.)

;oston F

U>

1954

8-13

(quar.)

3

28Vic
37Vic

(quar.)

Gas, 6% preferred A
Southern Canada Power Co., Ltd.—

"5%

Co.

:lair Hoi

Pittsburgh & West Virginia Hjr.— Eaxr.i:

9-15

class A (quar.)
(quar.)-.™™-..-..^...™..

B

Fruit

8-

28c

(quar.)

preferred

Southern

6%

Class

50c

(quar.)

common

7- 1

$10c

15c

Extra

7-15

7-15

6214c
25c

United Drill & Tool,
United

|#S ueneficia

Corporation and

May-

|35c

preference (quar.)
class A (quar.)^

United

com.

Water,

convertible

,xe-Hou(

TVt

'anadiar

Net

(s-a)

Stores

ixe-Houf

tax.

(Continued from

92V4c

Ltd.

tax.

income

I

Mutual
k.xe-Hou)

Investment News

caused

(quar.)

income

General

America

Cigar-Whelan

$3.50

7-9
7-13
6-28
7- 9
7-2
7- 1

8-2
8- 2
7-28

•

6-30
8-30
6-30
9-20

(quar.)

Shares,

United Corps., Ltd.,
Class
B
(quar.)

9- 1
12- 1

11-15

(quar.)

Series A preferred

7-1

8-2

of

preferred

United

6-30

t25c

(quar.)_

Drug. Stores,

Pittsburgh

Co.

9-10
12-10

7-15
9-15
7-15
10- 1

(quar.)

Biscuit

V.

7-28
9- 1
9-1
7-15
7-10
7-15
8-2
7-15

•

11-26

(quar.)
Canada

tomic

resident Us 7%.

'.ond In\

8714c

preferred

preferred

15%;

v;lue Rid)

$1

$3.70

United

tax

m,n

7- X

;

25c

l

United Bond Si Share, Ltd. (s-a)
United Can & Glass Co., common

,

(quar.)

(quar.)

of

a

6-15

„

$1.1214
40c
$$1.75

(quar.)

Co.

Jamaica

Missouri

of

merican

i.ar

«i

British

resident

25c

$3.50

50c

Sommers

South

Co.

!

(W'i

Less

8-16

(quar.)

6-10

50c

Extra
Solar

Corp.

Union Gas

$15c
$53c

.

preferred (quar.)
(J. Hungerford) Co.

pfd.

7%

1.*

merican

tPayable in U. S. funds, less 1$ v
$Payp.ble in Canadian funds, la*

Previous published date wat
date and/or record date is indicated twine*

8-25

(quar.)

preferred

preferred

$4

$

Less

25c

(quar.)

Lines

Union Electric

$4.50

Ltd.,

Salle Street

La

Corp.
Air

Co.,

6-17
6-17
6-17

40c
$20c

(quar.)

(quar.)

(Jdylite

(quar.).

6-28

$35c
i.

(A. O.) Corp. (quar.)
(Howard) Paper Mills,j'Ltd.—

Smith

South

£08

8-13%

10c
5%

(quar.)

preferred

Tobacco

United

Ltd.—

Canada,

Sibley Lindsay & Curr Co. (quar.)
Sigma Mines, Ltd
4
Slater (N.) Co., Ltd., common (quar.)
Smith

Tuckett

Mutual
berdeen

Affiliated

closed for this

not

x

10- 1
1-5-55

.

(quar.)

True Temper Corp.

T

1

Co

y

5%

._

7-8

12c

income,)

Co.

(quar.)

'

a

6-15

7-12

714c
714c

:—

(s-a)

preference

United Canadian

dividend

Stock

dividend)

dividend)________________

414%

Inc.—

Sheraton Corp. of America (quar.)
Sherwin-Williams

(stock
(stock

7-10
7-10
7-10
8- 2
7-10

75c

Extra
Selected

A

Corp.

1
(|

■

i

9-15

5c
5%

B

Corp.

1

10- 1
8-2
8-2
7-15

7-15
7-31

(quar.)
;

1

n

wast

7-9

65c

class A

Lid.

8-2
8- 2

50c

Airways,

Radio

7- 9
7- 9

8- 2

$30c
37J/aC

Quarterly
Trinity Universal Insurance, com. (quar.)__
Quarterly
Troy & Greenbush R. R. Association

8-13
8-13

10c
$1.25

common

8- 2

87140

(s-a)

(quar.)

Trav-Ler

7- 1

1

•

Mines,

8-20

7- 8
8-16
8-16
7- 2
7-1
7- 7
7-12
6-30
6-30
6-30
7- 2
9-23
12-28

(quar.)

Corp., $1.75 prior pfd.
Ltd. (quar.)

Transamerica

7-16

9-

Co.

Mines

3Sc

(quar.)

9-15

171/ac
$1.0614
$1.14

(quar.)

common

45c
53c
$1.43%

-

common

(quar.)

Storage

8-1

;9- 1;
' 9- 1

91V«c

2

Bear

—

Class

7-20
7-16

91%c

Ang.)

(Los

Class

7- 6

8- 2
8-1

$1.07>2

(quar )
(reduced)

Co.

Finance

.7-15

$1
y

preferred

Scullin

7-15

27. Vic
85c

(quar.)

common

Co.

preferred (quar.)
preferred (quar.)

Trane Co.

7- 1
7-20

25c

(reduced)

.

Trust

&

Trans-Caribbean

6-30
6-30
6-30
6-30
8-20
8-20

7-15
8-10

7- 2*
7-15

8-

4 |

s

Zellers, Ltd., common
5% preferred (quar.)
6%
preferred (quar.).

50c
50c

Towle Mfg.
Towne

•

•

7-15

n

Co.,

•Transfer books

Traders Building Assn.,

6-30
6-30

7-15
7-15
7-15
7-15
"8-31
8-31

$1.34

Inc.

& Co.,

7-15

22c

(quar.)

Industries,

10- 1
7-15

80c
$1

'

uo

Savage
Industries,
common
'75c convertible preferred (quar.)

f

414%

9- 1
12- 1
7-10
9-10

9-15
12-15
7-17

$$107
20c
25c
22V2C

(quar.)

San Diego

SanDorn

Insurance

4.56%

Stt. Paul Fire & Marine Insurance

2

(quar.)
(quar.)

Toledo Edison Co.,

Louis-San

Francisco Ry.
convertible preferred A

7-

25c

..—_—__________

Quarterly

6-21

A

7-12

Cab

Zonolite

Quarterly

6-?J

(quar.)

St.

'

6-2-*

7-15

$1.12*/2

Stock Yards

preferred

St.; Joseph

Manufacturing Co, dq-ur *,
6% con*, pfd. <au»ri.

Yellowknile

.

7- 9

Towne

Yellow

2

$1.14
$1.21
$4 preferred
(quar.)
$1
Thermoid Co., $2.50 pfd. (quar.) ___________
62Vic
Thomaston Mills (quar.)_
«,«25c
Tishman Realty & Construction, com. (quar.)
35c
5% preferred
(quar.)
.
25c
"Title Insurance Co. of Minn. (quar.).
35c

7-1
7-1

&

6-29

,

$1

$4

(quar.)

preferred
$4.84 preferred

8-25

8-3

5c

-i

7-27

10c

(quar.)

<quar.)___

Yale

6-21
7-

20c

Mfg. Corp.. (quar.),
preferred (quar.)_ %
Gas Pipeline—

Natural

$4.56

6- 7

50%

dividend

Stock

7-22

2

7-12

25c

Texas Power & Light Co.—

8-13
G-30

7-15

Illinois

Common

2

8-

Wh/m

t**

\ Name of Company

25c

Service,

Texas

8-

15c

(quar.)

——

Texas Electric

ord.

receipts

(final)

Rowe

9-1
9- 1'9-1

Holders

Payable of Rec.

25c

(quar.)

(Cleve.)

Terre Haute Malleable &

7- 9
8-13
8-13
8-13

7-24
9-1

56c
SI
$1.02 Vi
SI.O2V2

(quar.)

Corp.

Tower

Extra

Share

Corp.

Aircraft

7-15

20c

(quar.)

Gas & Electric Corp.—
Common (quar.)
4% preferred F (quar.)
4; 10% preferred H (quar.;
4.10%
preferred J (quar.)
preferred I (quar.)
Roddis Plywood Corp.
(quar.)—

of Company

Telautograph

40c
Co.

Button

.Rochester
•

....

.

—

Quarterly
Rochester

.

Name

When

Per

•

Payable of Rec.

Share

Name of Company

Holders

When

Per
r

m:

Har(

The Commercial and

Financial Chronicle

.

.

Monday, July 5)

.

OVER-THE-COUNTER SECURITIES
Quotations for Friday,

II

Companies

investing
•»

4

-i

i

-2^c

Fund Inc
merican Business Shares.
merican Mutual Fund

U>f filiated

*!d>

» **

ixe-Houghton
.xe-Houghton

ID.*# I

#

Inc———-1
Fund "A" Tnc.,1
Fund "B" Inc—Ii
Stock Fund Inc. 1

\xe-Houghton

4 "»•

*-'♦

-

Fund

Mutual

& 7*

if ^

I"
I© h*

;

11 H

SI v»

& 42

America..—*
~~ - -1
jowling Green Fund Inc. —19c
iroad Street Invest Corp
4
'.ond

Tr of

Inv

;oston Fund Inc

iullock Fund Ltd—

Trust

•entury Shares

,•»

Fund Inc

<.f

*
9

»

4
i

*

*

-a

%'
t

*%•.£■■*

*
*

*

»•*

*-

<*(»

*

_

,

k

.fir

Hi*

I»,»!

111

,ih

12 79

; i

(Ml

t

■'2ft

-4

If

'

5

f

44

23.26

■X:

*^» 1

4

4

4
t

'

..

Series

Series

II.22

16.86

9.87
6.80

7.88

—1

5.07

5.54

3.62

3.96

Series

1
1

5.89

6.44

12.86

14.05

4.58

5,02

—

...

Series.

2.95

Fund

Series

1955'.

195S

Philadelphia

12 79

Puve Street

I II

Pioneer

1 V*

Price

Guardian Mutual Fund

1-54

12-

1-54

bl.15

Ot.95%

4-

1-54

1-

3-55

bl.20

1.00%

Dae

1-53

1-

4-54

10-

1-54

bl.05

0.80%

1.45%

5-

3-54

2-

1-55

bl.25

1.05%

1-54

11-

1-54

bl.10

0.90%-

1.40%

6-

1-54

3-

1-55

bl.25

1.10%

5-

3-54

11-

1-54

bl.10

0.90%

1.30%

7-

1-54

4-

1-55

bl.25

1.10%

1.60%

3-

1-54

12-

1-54

bl.15

G.95%

Inc.

Kid

Fund

July
July
July

15,

99.983
99.970'

14.09

Bank of

16.89

17.23

Bank

21.79

Bankers

42.61

43.47

Chemical

1

Bank

Commercial

State

Bk

Continental

Bank

&

31.35

31.35

15.19,

16.42

Federation

10.18

Fiduciary .Trust
Finst

Star# Street Investment

Corp—*

66.75

70.25

4 II

bum Ru« & Farnhara Fund—1

25.76

25.76

I

f 41

'.45%

48

Northern

TeievPion-EIectronlcs Fund

1

8.69

16

1>*{g Fund Inc

I

5.97

6.52

Coifed

—

4%

32 *4

United

1 ? *'S

United Continental Fund

#0 'r#

Putted

11

14 *•»

tinted

7.58

Fund—1

Accumulated

Central
86

10

130

,100

389

-

103
Iftfft

Industrial Bank of Commerce-10

5.88

15.97

7.92

1

6.76

7.39

Manufacturers

Fund Inc—1

4.82

5.27

1,1*

9.15

Irving Trust

16.25

1*9 f

34

37

25%

_

Freeport

Fund

WHhmttott Fund
V.hiMiall

11.92

1

Inc—

12.78

National

1

22.27

24.28

New

1

;

——

114

1,52

Fund

HkMonstti

Inc

21.35

23.08

Public

Insurance

Investment

4.62

1

Co

4.99

Rye

Companies

1

'

p»»

mm

ah

14

Surety.—It

&

.25

36%

33

51

53

Pittsburgh

71

30

,100

256

Bank,,

___

Trust

20

Bank

Nat'l

Mellon

25

Trust

&

Peoples 1st Nat'l Bank & Tr__20

32%

St.

85%

88%

45

47

38%

40%

Louis

264

53 V4

.,20

Bank

National

52%
29%

25

49%

Bank

National

53%

50%

17

;_20

First

Bank- .,20

National

Boatmen's

55%
123

120

:

Bank-12.50

Nat'l

Security-First

28

69

20

_

& Co Inc..

City

York

Nat'l

Bank

National

Trade

Casualty

51%

City

American

Sterling

Aeti?a

49%

Commerce

Angeles

&

Trust_17%

Bank

2

41%

.

5%

43%

6%
Mutual

4

10

of

>

55%
'

Institutional
Insurance Fund

*

10

36%

26
165

Mutual

Investors

3 *§

of

54

33

220

90%

155

Co___ —20

Trust

Morgan (J P)

52%

First National Bank-

68%

87%

24%

Kings County Trust Co

9.97

15.92

1

205

16

Detroit

Meadow Brook National Bank

Ikvifthtngton

31

50

Bank

52

667/a

7.25

Utah Street Investing Corp
mi

49

20

Bank

Trust

32%

—20

Co

Trust

Jersey

5.38

Van Strum & Towne Fund Inc_l

''

435

National Bank of Detroit

14.69

Line Income

420

401

1

Value Line Fund Inc

410

24 %

Los

124

13 2ft

293

100

Co

287

395

City Bank

Bank

Union

135

8.24

Long Island

fit
12.1

96

100

Savings Bk

National

National

"

40

-1

Fund

&

Trust

Cleveland

90

22%

Income Fund Shares_l
Science

Trust

100

Bank

National

66%

37

—

Co

(The)

66%

93

Cleveland

'

Bank

City of N Y

Hanover

I i II

5 -•*

3%
64%

—10

:

Guaranty Trust

Inc—

50 ".d

Institutional Inc Fd life.—.le

Trust,,

&

Franklin Square N Y_;

9.47

3 97
8 74

Fund—l#"

'

Franklin National Bank—

f 24

31 >-l

le

Tr —25

&

—10

Bank

National

of the

63%

Trust—33 %

&

Trust

Empire Trust

32.25

9.30

\ alue

Growth

Harris

Y

29.84

not

Fund— .....J®

First

49

Stamped (ex-distribution.
Exchange Bank Trust —20
County Trust Co

1

3^2

Investors— —»t

49%

47%

17.19

* 41

Fund Inc

47%

(White Plains N Y)_
2V2

25

Ask

Illinois
Bank

National

10

—

—ft—*.

17.19

Continental

409
54

Corn

3 2*1

■

99.852

Bit

City Nat'l Bank and Trust

39%

397

15

17.61

II

Inc—t
...—.*

99.866

99.845

Far

52%

Trust

&

22.56

1

Shares

Funds

S9.830

99.857

Companies

10

Sovereign

*

99.893

99.870

-

Ask

377/s

.100

York

Trust

16.29

(net

Investors

Bid

the Manhattan Co,..,10

of New

Neinied

Amer

99.907

99.883

._

Chicago

20.87

Clark—•

value)——.

asset

^•1

99.919

99.895

September 9, 1954
September 16, 1954—
September 23,
1954.
September 30, 1954—

York

New

1

Fund

99.908

tugust 26, 2, 1954—
1954
eptember

99.955
99.943
99.932

99.921

Chase National Bank

Inc

Common Stock

99.967

—

Far

12.89

Putnam iGeoi

Ac

99.988
99.977

99.958
99.946
99.933

1954

Bank & Trust

Growth Stock

Stevens

Klrt

99.997

1954

22,

July 29, 1954
August 5, 1954—_______
August 12, 1954
August 19, 1954

20.05

—

Fund

Dollar Valat

Ask

99.996

1954

8,

—*
——1

Inc
Inc

Inc

Fund

Bills

Dollar Value

7.20

4 51

Institutional Shares Ltd

United States Treasury

Shareholders Trust of Boston—1

-—lis

!
Income Foundation Fund Inc 10e

X

6-

1.50%

ft •>»*

——...le

Institutional

Ask

1.30%

0.75%

fa#

! II

shares—

Bank

Bid

0.65%

bl.00

141

shares,

Foundation

Dae

Ask

b0.95

1-54

• #«

..»—!«

Utility shares—,— —
.le
Growth Industry Shares tae—t

Institutional

Dated

Rate

Bid
2-54

fth*

—.

Institutional

99.8

8-

§41

shtte»~_!c
shares.
—1«

Bond

stock shares. ..—le

Incorporated

100.10

99

2-

2.50

Fund
Fund

iT Uowe)

Puritan

Equipment shares.

Hudson

1959

1,

100

100.17

1959'

12-

32

It *1

Fund

1%S April

100

99.24

1958

15,

9-

25

10 tJ.

Haydock

11-

27 V*

& udder,

shares

1,

20.91

6.70

9 04

X

101.12

100.2®

99.24

1958

2-53

Dated

25%

9 II

Tobacco
4b

101.10

1955

3.29

—

preferred ———
5
& Trading
—5

I* hi

ft i»»

Steel
1

17/8S Feb.

100.22

100.12

1957

1,

1%S Oct

100.14

7.10

—

»•—

tl

shares

3.23

19.34

lc
—.1
Trust Shares—

-—

England

Canada

of

Resources

»yfi

Bond

100.22
100.20

8.61

4t

Railroad

101.8

103.30

1957—

1957

1,
1,

100.18

7.43

—

Stock

II *»

hftif

RR

101

103.28

1,

March

100.20

1955

10.79

1
1

——

Stock

Series

II 41 '

shares—,»

Railroad

ft

100.11

15.51

1

■.—

Fund——
1
fcruiMer. Stevens Ac Clark
Fund Inc (net asset value)__•

shares

100.13

1%S April

18.10

14.35

Petroleum

C 14

Petroleum

2%s

1954

15,

15,

2.25%

12.20

_1

10.01

Mining

l%s Oct.

100.22

1.90%

13.00

~1

—

Series

$1 5o

v«.

tn

Merchandising

M

■>'v**

100.18

100.20

101.10

Federal Intermediate Credit Bank Debentures

"9.24

13.00

Pacific Amer Investors com—10c

fe.fei

• '•*

Institutional

101.2

1,

100.16
—

IJ.Sft

■

a

1«
administered shares—!e
bond shares.
le
Industrial Machinery shares le

',4

Ask

1956
1956

15,

l%s April

100.13

2.15%

I.41

Fully

*

Bid

Maturity—

Ask

1%S April

15,

2.35%

General

»

-'■■■

1961

Treasury Notes—(Cont.)

17, 1955

MM

34.49

—-1
Corp—.—1

Fund

Series

..It

Food

.>*1 •<

3s

99.24

1.35%

interest

North American
.

22 ii*

29 :j

9

'

2 J,I

.2 VI'

,

19 74

Equipment Shares

.

113

1%S Oct.

22.58

31.90

1

Investors

Fund Inc

Stock fund le
Electrics

&

112%

Canal

Panama

Treasury Notes—

Shares—

Trust

beneficial

New

2101

2J *4

f

(The!

Common

Electronics
S

l%s May

Corp—

value

a.s*et

Growth

fti

3

Chemicalshares'*—

.tlA# ?

,

100.3

100.20

25.15

20.89

'

I

102.22

100.12

8.79

Speculative Series

«

ft II

-...le
Capital Growth Fund* -.-It

•

8.02

Income

12 Tl

fckl

Building shares

?■***'

l%s Dec.

Natural

Group Securities—
Automobile shares..—-.*, le
Aviation shares——
«It

$

102.14

1959

5.07

Natural Resources Fund Inc..lc

Trust-..***—!

General Investors

5.43

4.60

Stock

Inc—
....!
ft Gas Industries Fund Inc. -—1
l.v vl General Capital Corp....***..I

•

4.93

Preferred

Hi

11 n

Futures

I

1%S March

Balanced

st n

2 41
4

Investors U a

Fundamental

l7/8s Dec.

6.64

Bond

stock series—,,,le

Preferred

4.34

6.03

Metals

National Security Series—

11 7%

;a w

Fund—--.*
Inc-**
series.—1€

stock

Common
I.-.-

3.94

Balanced

i*ii»

Franklin Custodian Fundi
i'

—lc

of

un

11**9

Inc—

Mutual

3.74

Na'mnal

Fund of Boston-1 *
interest shares.*.!

Founders

1958

1,

5.51

3.39

Mutual

i

Beneficial

.ik

1,

2%s May

99.16

Nation Wide Securities—

fidelity Fund Inc
*.8
financial Industrial Fund lac I
Formula

T.al

it

15,

5.00

Net

t il

•Mrst Boston Corp..'—

*

15,

Feb.

shares__lc

Industries

Mutual Shares

w.

FuUd

It D4

121!

114.4

Sep.

l%s

2.96

—

9 *M

tn si

two-

(split

Fund

Stock

Squity

'

11

—

for-onet

%fvr

ii n

$ Daton & Howard—
Balanced Fund (split
two-for-tone)

iiAff f*

»l!4

4! II

—t

Dreyfus Fund Inc

f»it

1* M

2->e

2%s

shares —
Petroleum shares

4* *1

2%s May

100.11

1954
1954
1955—

15,

4.32

Paper

II *4

100.3

Bid

3.26

Gchcrai

14 84

«

101.30

1,

Indebtedness—

of

Certificates

3.92

hem-Ferrous

—.1'

Shares.—

Dividend

f**(f

lfc«7

Diversified Growth
Stock Fund

39.83

X39.83

lc
lc
ffrrel chares
lc
Manhattan Bond Fund Inc—10c
Massachusetts investors Trust—
Ctfs of beneficial interest___l
Mass Investors Growth Stock
Fund Inc
1
Massachusetts Life Fund—
Units of beneficial interest—*
Mutual Fund of Boston Inc—1
Mutual Invest Fund Inc—
1

H'i

11*4

101

101.22

1%S Oct.

1956
1957-55

Figures after decimal point represent one or more 32nds of a point

lc
Uusineci Equipment shares_lc
Electrical Equipment shares,lc

I I **

100.28

1,

;

U. S. Certificates of Indebtedness & Notes
Maturity—

Manse*) Funds—
Automohiie shares

2>.~1

ii rt

Jiversified Investment Fur.d—,|
1 Diversified Trustee Shares —
■'*
Series E.
....8.50

*

->■

o

11.46

tli.come Com
»L«vr

54 4^

11 Tt

«

-

——

v 0

,

1, 1957,

6.52

10.43

1955-54,.

1955

100.18

100.14
100.1
100

1955

7.65

5.95

100.6

1,

1,

2%s May

1955

2s June

10.64

7.01

1,

l%s June 1,

Feb.

100.2

Feb.

2%S Feb.

2%s

10.86

9.75

» li

Composite Fund Inc..—.-..I
Concord Fund Inc———*ii-.-l
Consolidated Investment Trust. 1
Irown Western Investment, Inc
Dividend Income Fund*.*—1
)e Vegh Income Fund Inc..*,.l
)e Vegh Mutual Fund Inc
*i
i Delaware
Fund.——
1

j;

"H

9.95

100.028 100.076
1003l2
100%

—

Central Bank for Cooperatives—
2%s

Ask

100.13

•>

1954

1,

9.98

Stocks)**.-1

17,

2%s Aug.

f VA

1*89

lnc_,,_— ..-—I'
Investment
Composite Bond & Stock

i

<je

**6i

I,i i

———,—10®

Preferred

19.88

Speculative Com Stk)._1
Priced Com Stks)_l
ICi'ilckerbocker Fund '
....—1
letifHjtoi Trust Fund
25c
X^Mttnis Say leg Mutual Fund—
1 Net
Asset Value)
—
*

10 •**

54

jH Colopial Fund:
| commonwealth

18.22

1954
1955,

15,

Jan.

2%s Nov.

14.97

ti~S

&H>|

*9 41

I

12.17

Sep.

1.30s

Bid

Bank Bonds—■

Federal Land

Banks—

Loan

Home

1.15s

20.28

11.15

9.15

8-4

Securities com—JM § (**•!

•hristiana
*

......

Fund

.'hemical

18.59

B'J *

JiJ

ff

27.27

13.72

Si 41'

S'*

24.99

Stksi.l
Com Stk)_l

II 71

Fund Inc.-—!
*« **
Canadian Fund Inc„_—•• II *♦'!•

28.12

Federal

100.14

Ask

Bid

34.19

26.94

Pfd

{Speculative
H-l ilii jh-Grade

Jft .U

J

-

*

K-2

J*,

lanada General

33.51

Bonds)

jDl-count

K-l

10L*

19 <>l
51 **
*J

Mutual Fund Inc—I

Hue Ridge

7.76

15.22

.1
Income Pfd Stocks)—1

fi'4

W Beneficial Corp
J
:lair Holdings Corp——*'*

7.10

......

_

i

,•

Development

tomic

%

| ^

12>
.—I

Fund

berdeen

4»i

i.|

*

represent one er more 32nds of a point

Figures after decimal point

13.93

America——.1
fm#"im*ru Trust of Boston—.1
Jvbnum «The( Mutual
Fund Inc
1
Kf, ft tone Cu todian Funds—
B-l ilnve-•■.tment .Bonds)-—1
14-2 cMedium Grade Bonds>_l
14-3 <Low Priced Bonds)
1

Inire'tment Co of

i ?n

Aafc

Bl«

P»r

IXtttaoI f and#—

P*l

F»r

Mutual Funde—

»
4

S
'

Obligations of Government Ageneies

I

I

*

July 2

*V

$Skr7i#

;ii

■■

P *rfford

i"*r

,

,

Bid

P*r

•

Eteamboilrr

10

Ask

73

77

45%

25

Trust

&

Co

United States Trust
Albany, N.

10

100

120

126

16%
294

26%

100

28%

160

Bank

65

65%

61%
65

304

52%

61

Tower Grove Bank & Trust,. -20

18%

San

10

—25
20

Y.

State Bank of Afcany

Trust

&

'

■

—

Francisco
of

Amer

&

T

N

S

A—6.25

35%

37%

47%

98%

National

Bank

Bank

100%.

11

Aetna

Insurance

Aetna

Life,

——Id
.Ut

Co.—

—

—

Automobile—

Equitable As*urT

American

*

4

—

American

Fidelity & Casualty ft
conv preferred
»

$1.25

Amer Ins Co

American

Surety^

—.

——. —

Automobile

t

'

*

.7

2

.,1#

*

*

%

»

H

»

Boston
*

«i

Shippers—.

Insurance

Camden

Fire

Ins

17

.....

Co.

1

Assn

N

J

Group

....

Fire

&

Assn

Deposit
of

General

of

Md

(S FJ

—

&

Gulf

Hanover
*

.

*■

(Jacksonvill

"

t

i

*

p*.,'

.

Ii

1

••

2

48%

50%

Casually.^.

44 %

46%

27

28%

2.50

34%
9%

10%

10
—5

*

63

65

87

——-10

.

Oregon

Power

Central Power

Lt

&

3%S-'_1984
3/eS—1984

Commonwealth Edison 3s—1984
Consol

Detroit

36%

3.33%

pire —:

'• mjuty CO--,

i

4

-»

*«

*

»

ft

>

Natural

Iowa

Gas

101

Security Issues
Ask

99%

Southern Nat Gas 3%s

100

Utah Power &

99%

100%

Virginia

101%

101%

West

1984

97%
99%

100%

r,nc
Gas

3s

3%s,

1984

98

1979

101%

29%

120

31%

*

.

New

Jersey Bell Tel 3s

102

101%

101%

1989

100ya

N Y State

Elec &

100%

103

103%

Gas 3%s_1984

Corp

T» *a/»>

'

Fire ft

(N VI

2

9%

—10

—4-

.

Marine

53

f.^5

10 %
56

42%

44 %

44

47

Jturefv Co

to

1*

.

fSVtw

•")

43%

4* '

54%

pSn1El°atSrlc&3?1sC 3VsS—5°„°nv4
Public serv El
San

&

d£-J£L"M84

Diego Gas & El 2%&—1984

56%

*

»

"u
•**'•

*

*

>t I

•

•'

*

101%

99%
102

108%

Long Island
4.35%

Lgt

4%

pfd

Lighting-

100

preferred

k__

Louisiana Power & Lgt—

100

4'16 /' preferred

99%

Mississippi Pow & Lgt—

pVeTeSidllSS

K

97%

f

*

-

1

I !'#
*

ft

AiGdent

ft.

.

*'«**1 ty &

Wf,

Haven)

r#

F

ut

_

1

54%
*»

.

Guaranty <
..

.

fer

.

——...

'

\

x5

70%

56%

•

97'/.

T~5?prSfSl°°_
5.12%

preferred

FOOTNOTES FOR OVER-THE-COUNTER

1,275.

72%

47

49

28%

30

bB0idPy[eldapUrice.

t ?ewristorick-.

"

^Exchange. ^ ^ ^ ^
6

103

100%

&

100,/l

10314

100

99%

Power

100
—100

45%

Marme-; —L'

; *

«

1984

101%

107%

*

«

*

26 %

1984

102%

_*

Dallas

101

1984

Montana Power 3%s_

1984

3s

101

102*

El Paso Nat Gas 5.65% pfd_100

98%

100%

3%s

Power

Ask

100

Stocks—

„

1974

.,1984

Light 3%s

Electric

Penn

1974

Wisconsin Electric 3%s

97%

Lighting Power 3s_1989

Bid

Bonds—(Cont.)

101%

,no.

2%s

Public Service

t-1pHo
Laclede

3%s_1979

n7/

Edison

Houston

67

25%

.'d

«

ft

*

1

64

116

10

'

Tftf.r#

h*.<*

*

4ft

17

.10

■

,

IC.'l,: #

»

10

Caftuaity 7-———,5

'#'!■.;*

t'

ft

2




45%

Calif

Bid

100

*

ut i

%

Ji

85%

43%

Bonds-—

',

*

I,

Hartford Fire Insurai-

12%

83%

5

—

fhe

t

l ire.

11%

10
—

a

f"»

'

».»♦

■tern

f».»

*

*

ID

.

5

fior,,
"

t' 0',*',-

*

^

V

5

55

h

»

•

*.

*

«

Republic..
1'
Rutgers Fire..

American.

Life

#

■

*

2
„

*

N

t'i

»

il

*.

—«

53

i ire—...

-

..I*

Newark.,....

29%

291

A

.*

Reinsurance Corp

&

Globe

h- "*!

ft-*

Glens Falls...

Globe

i

a

j

,

PhiladephU*

of

28 »/4

,,5

,

ore

,*,

V,«r<

: **

Reinsurance.ft

Treman's Fund

Great

*

1-1

9

Firemen's

•

1

1

Federal

Fidelity

54

Recent

35%

51

10

Assurince

A uDerdam

«

«

ID

.

Assoc,—

34

*1 Uui"n Fire

a*

'

*

! t

ioo

40%

281

Manufacturer*—4

ft

pii#

a)
*

ii-

■

Fir#

*0'*

F
I

♦

%

Connecticut General Li.' i...,

Employees
Employers

II

%

Continental Casualty On
Crum & Forster Inc..

37%

10

preferred
htt'N.eid Bomling—

ftti

s-i

V
&

Y„ 10

N

common—>1

Casualty

IT.

"#

*

M-•*

*

1 'J

•if
Bankers

of

Life—

42 Id prior

t

■

*

*

,..24
,

National

-.-in

*

Amer—5

'

(Newark I* J»—2

Re-insurance

American

#

-

,

u

NUnl-wl

*

»

North

Insurance Co

I

'

5

'

Co ot

\rski.r?

11

*

:

.m#

If

»

*

%

,.

1**

f

Agricultural Insurance <?»*—„ I#
American

t)

ft

If)

'

-^enSed.
y

Ex-riglits.

ISSUES

99%

104%
97%

100%

101%
100'%
106

98%

Number 5339

Volume 180

.

The Commercial and Financial Chronicle

.

.

(95)

THE COURSE OF BANK CLEARINGS
Bank Clearings this week will show

liminary figures compiled by

based

us

increase compared with

cities of the United States for which it

$19,979,652,541 for

center there is a gain for the week

for the week follows:

mary

to obtain

the chief cities

Pennsylvania—Altoona

Our preliminary
week

same

ending Friday of 9.6%.

Chester

in

1953.

At this

Boston

_

+

9.6

987,957,473

+

1.5

+

4.7

City

_

367,042,726
342,400,000

571,381,000

529,960,973

408,181,106

419,529,230

469,472,665

520,012,039

308,981,690

320,984,188

Francisco

Pittsburgh

_

_

Cleveland
_

Baltimore

0.5

+

Total

3,591,762,445

Total

all

cities,

!

cities, five days
day—

one

+

6.6

+

$20,510,208,979 $19,294,367,165

4.8

+

+

+

issue of next week.

our

ends

We cannot furnish them

Saturday, and the Saturday figures

today, inasmuch

Accordingly, in the above the last day of the week in all
In the elaborate detailed
we

was

week

same

in

1953.

appear

going to

was

present further below,

1,195,467,199

+

9.1

6,792,929

5,558,998

+

0.7

214,103,095

0.2

410,128,340

213,606,958
425,090,349

9.9

37,314,800

37,484,100

8,388,235

expansion

an

loss of

a

In the Chicago Reserve District the totals
are

245,543,510

43,363,000

are

smaller by

larger by 6.4% and in the

39.450.000

(6

furnish

a

+ 23.7

6,020,970

—13.3

382,377,129

8.263,082

388,374,716

1.5

9.867,906

369,953,960

394,493,243

0.1

1,052,577,176

1,090,308,103

SUMMARY

1st

Boston

2nd

New

_
.

York

Philadelphia

4th

Cleveland

5th
6th

and

177,285,333

5.3

5,362.424

333,976,279

4,167,900

+

1.1

316,089,487

106,088,773

279,442,378

+

3.7

96,132,293

93,690,141

661,525,452

645,452,211

+

2.5

585,093,577

545,209,325

1

Richmond,

Chicago__

_

8th

St

9th

Minneapolis

10th

11th

Louis

12th

San

5,552,988

New

York

week

add

now

808.738.952

Inc.

1952

or

Dec. %

149,693,942

ended

9,605.366

1,164,191,208

Terre

Bend

1,157,162,451

1,173,374,840

626,331.408

588,486,397

486,038,857

$

Haute

419,577
129,621,692

922,184,466

910,777,589

+

1.3

885,277,333

728,918.342

462,119,999

7.7

1,195,467,199

2,077,218

1,614,864

+ 28.6

1,475,306

1,767,518

14,061,336

—19.7

11,045,484

12,390,266

7,457,210

6,503,550

+ 14.7

6,358,177

7,125,993

10,172,709

8,192,799

62,284.000

59,585,000

12,285,942

3,320,032

96,848.957

'

4,510,255

32,392,470

12,922,777

1,207,859

Total

0.1

1,052,577,176

9,943,883

5,928,174

+

2.5

585,093,577

1(3

885,277,333

Total

728,918,342

1.4

1,123,392,126

1.127,492,787

+

6.4

549,949.161

528.108,765

+

5.2

438,372,794

425,149,617

+

0.3

593,158,400

481,635,750

+ 13.2

400.079,326

351.250,292

1,032,237,099

935,091,222

4.8

1,011,920.369

20,515,487.760

18,425,704,637

+11.3

18,768.635,685

Louis

+ 13.7

8,964,708,750

statement

showing the figures for each city for the

1953

$

Inc.

or

Dec. %

1951

$

(4

263,6

1,957,076

+ 15.7

1,889.022

1,867,352

5 785,650

5,004,069

+

15.6

4,638,570

-

+ 47.7

4,026,240

3,311,659

1.4

1,123,392,126

1,127,492,787

5.3

304,700,000

301,900.000

—

.

7.1

148,293,787

135,206,992

9.2

94,599,505

89,107,559

2,145,730

4.3

2,355,869

1,894,214

588,486,397

6.4

549,949,161

528,108,765

7,239,906

318.527,878
111,559,035

North

7,180,996

South

3.766,161
4,582,789

3,737,428

12,396,879

10,490,041

486,038,857

462,119,999

'___

Dakota—Fargo
Dakota—Aberdeen,
Montana—Billings
Helena

Total

(7

cities)

+

628,352,006

+ 10.7

611,630.033

2,713,309

+ 10.8

2,111,448

4.8

300,254,025

286,915,71A;

+

5.7

105,636,106

105,615.52*

6,713,845

+

7.0

7,213,831

3,851,866

—

2.2

3,931,468

3,728,890

+ 22.6

3,328,675

2,952,688

+ 18.2

11,448,318

11,287.438

+

5.2

438,372,794

425,149,617

+

0.1

8,082,353

6,567,008

"

923,577

654.712

731,357

7,086,004

7,465,733

150,331,873

_

+

9.4

1,206,575

712,425

542,140

484,085

5.1

7,556,951

7.117.07S

147,376,578

131,369,834

—

142,991,468

+

5.1

8,060,732

7.717,056

+

4.5

10,059,831

8,958.586

24,149,051

20,700,602

+ 16.7

370,847,485

380,938,829

2.6

21,859,984
388,068,565

303,145,025

10,260,399

10,510,839

2.4

10,988.356

10,553,588

Wichita

City

St. Joseph
Colorado—Colorado Springs

—

—

13,863,666

4,168,020

2,963,008

+ 40.7

2,692,946

2,749,810

3,103,401

Total

914,842

900,546

—10.5

3,001,270

+

3.4

3,112,503

2,681,656

579,585,899

577,943,739

+

0.3

593,158,400

481,635,756

1

(10

cities)

2,164,653

1,080.447

3,218,189

11,225,203

—10.1

2,158,896

2,307,000

4.4

10,920,555

0.1

7,802,966

7,066,744

683,668

31,089,027

+ 14.8

28,440,888

25,670,045

14,433,842

+

3.8

14,034,172

12,589,985

33,482,900

—

—23.4

Texas—Austin

30,302,700

6,971,413

Fort

7,498,231

402,604,301

352,126,380

30,610,196

28,966,911

5,794.000

Dallas
•

8,055,458

25 ,663,800

Eleventh Federal Reserve District—Dallas-

9,327,020

+

052,755

5,852,000

Worth

Galveston 7,
Wichita Falls

1,752,821

+

16.0

1,574,555

1,426,732

742,364,347

+

8.9

716,710,380

663,201,602

—80.0

117,388,711

"

31,033,525

5,688.000

+

8.2

21.7

9,632,009

410,204,216

+ 13.2

400,079,326

177,773,319

5,105,000

6,592,269

+

29,961,664'
5,132,528
.

9,438,841

176,226,025

171,883,908

+

2.5

4.767,405

0.9

110,386,945

102,452,012

—10.1

2,770,068

2,616,870

San

3,964,143

+

20.3

4,208,958

3.476,805

157,680,001

+

4.4

178.758,837

154,953,843

86,466,688

Francisco

1,908,860

San

Jose

127,391,123

2,030,513

2,258,663

2,244,513

1,968,595

+ 14.0

1,856,582

10,999,503.783

9,180,282,958

+

19.8

9,803,926,935

8,582,224,399

29,981,594

27,917,015

+

7.4

25,256,840

Dtah—Salt

23,458,199

Lake

California—Long

City

78,687,618

+

9.9

71,996,889

67,549,631

18,396,086

+

6.3

Beach

19,552,288

Pasadena

'j

Santa

16,856,779

28,666,922

24,753,063

+ 15.8

22,254,969

12,471,565

+

7.7

12,859,170

11,191,092

511,912,060

+

4,8

519,740,597

507,370,970

15,126,228

14,917,911

+

1.4

14,566,949

12,323.452

+

13.4

4,172.623

3.733.403

j

Barbara

5.710.003

54,575,375

+

0.1

48,944,617

51,575,664

71,969,413

64,595,775

+11.4

63,763,413

63,189,129

9,595,264,430

+ 18.3

5.033.775

9,699,300
♦

V

.ir-Mirji

m

1

——

10,144,155
"

urn

■

„

.

-

11

■

.,

1.

■■

—

1

4.4

10,576,844

9,431,463

4.8

1,011,920,369

962,959,941

.

16,800,076

54,582,520

16,322,121

13,427,372

,

17,718,508

17,266,183

176.607,16a

536,608,006

Stockton

16,212,480

351.250,29*

164,653,784

-

Oregon—Portland

3,470,251

126,305,151

s

Twelfth Federal Reserve District—San Francisco—

3,848,217

16,240,547

1.0

—

6,047,347
9,713,347

464,341,298

Total "(6 Cities)

—17.3

3,843,771

8.5

6,584,20?

295,028,052

31,078.084

6,543,559

Washington—Seattle

i

3,178,974

—

8,017.215
339,071.749

5.7

+

11,817,829

Louisiana—Shreveport

Yakima

89,959,584

7.0

+ 14.3

—

29,118,500

033,856

17,974,350
-

6,560,371

+.

924,242

Kansas—Topeka

566,645,701

2

York—Albany

—14.5

City-

Nebraska—Fremont

Pueblo

808,738,952

—

cities)




8,261,582

152,885,911

6,192,542

Paul

4,103,028

14 975,761

Haven

Total (li cities)

11,894,491

626,331,408

cities)

Missouri—Kansas

Second Federal Reserve District—New York—

I

12,923,957
10,730,434

104,754,756

117,954,905

$

35

Connecticut—Hartford

Jersey

6.4

—16.1

2,053,896

Omaha
1952

8

Jersey—Newark
Northern New

3,776,517

—

114,386,277

__

Lincoln

2 891,713

Worcester

New

863,187,169

3,606,017

163,691,235
_________

Hastings

11 719,888

_

Connecticut—Stamford

2,128,583

851,649,944

5.9

1

333,964,585

years:

3 007,470

Syracuse

1,314,309

2.1

+

—

8,364,005,824

1, 181,562

York

—49.0

328,700,000

346,200,000

Minneapolis
St.

16,946,230,223

9,245,421,679

+

.

695 .479,143

Springfield

New

15,430,554

Ninth Federal Reserve District—Minneapolis-

1

detailed

River

Rochester

35,149,179

13,103,768

4,013,424
1,173,374,840

Minnesota— Duluth

962,959,941

10,515,983,977

_

Jamestown

32,159,172

0.1

545,209,325

+
—

410,204,216

2

Buffalo

4,621,599

2.4

Eighth Federal Reserve District—St. Louis—
Missouri—St.

1,090,308,109

577,943,739

.

Elmira

80,586,354

4,466,367

+

12,539,097

1,157,162,451

cities)

3,560,050

86,342,597

—

2,367,692

8,346,335

(17

3,058,514

1.2
6.0

4,20.9,938

n',739',814

10,836,623

+ 11.8

888,128,364

4,457,754

Peoria

54,431,000

+

12,917,962

C69!863,426

Chicago

9,033,650

57,9,000
15,987,069

2.6

—

4,799,751

31,608,499

7,164,771

4.5

+

2,969,811

98,018,063

+ 24.2

—

1,146,409,929

464,341,298

1954

Binghamton

6,663,530

11,287,357

Kentucky—rLouisville

579,585,899

Lowell

New

7,132,461

District—Chicago-

Illinois—Bloomington

Tennessee—-Memphis
Illinois—Quincy

'

(12

1

411,687

...

663,201,602

if

.111 cities

Hampshire—Manchester

107,812,882

152,249,606

11,960,969

8.895,585,764

•f

Portland

Total

144,304,764

+ 13.0

if

Maine—Bangor

New

+ 12.8

+ 14.4

Moines
Sioux City

ri

City.

Rhode Island—Providence

108,443,144

—13.8

Des

1951

$

First Federal Reserve District—Boston

New

3,914,763

135,282,002

475,758

__

716,710,380

—

645,452,211

$

Bedford

5,212,081

4,141,361

7.8

8,396,963

Arbor

10,216,637,844

+

910,777,589

Clearings at—

New

6,369,521

+ 23.8

155,792,633

Wisconsin—Milwaukee
Iowa—Cedar Rapids

Week Ended June 26

Fall

—15.3

—

410,293

(10 cities)

8.9

+

1,170,434,439

922.184,466

June 26 for four

Massachusetts—Boston

87,437,582
260,200.000

176,086,808

Orleans

+ 18.3

742,364.347
9,595,264,430

661,525,452

._10

our

19,191,08*

325,100,000

4,005,358

165,383,613
132,755,653

Tenth Federal Reserve District—Kansas

We

19,919,400

90,366,531

0.1

—*

—

6,558,075

152,436,937

2

3.4

—11.7

108,697,731
304,800,000

4,953,055

South

if

__

Outside

3,082,804

14,619,000
150,207,102

if

fi

Total

3,503,824
16.542,000

147,423,549

if

10

Francisco

—

23,911,805

95,947,041

Rapids
Lansing
1,
Indiana—Fort Whyne
Indianapolis

M

4

Kansas City

$

1,163,894,772

,__7

Dallas

+

9.7

6.4

—

5,399.692

304,400,000

Grand

if

,s,17

_

1953

1,260,496,888

10

.

—20.4

CLEARINGS

1954

11.352,950,218

6

_

3,925,134
18,777,000

23,092,036

•

Michigan—Ann

/

if

7

—

110,030,646

Cities).

Seventh Federal Reserve

in the San

If

._11

Atlanta.

7th

12 cities
11

3rd

OF BANK

1,164,191,208

4,206,554

5,114,380
337,674,303

Decatur

13.2%

by Federal Reserve Districts:

$

,

Week Ended June 26—

—

3,123,663
16,965,000
188,617,460

~

Rockford

summary

+

8,799,067

Springfield
we

—

11.474.001

___,

Total

Francisco Reserve District of 4.8%.

following

462,862,649

9,952,304

Mississippi—Vicksburg

In the Kansas City Reserve District the totals

increase of 0.3%, in the Dallas Reserve District of

In the

1,146,409,928

.

10,886,303

Columbia—Washington...

Louisiana—New

0.1%, but

in the Richmond Reserve District the totals
enjoy a gain of 2.5% and in the Atlanta

1.4%, but in the St. Louis Reserve Ristrict the totals

7,687,265

247,208,255
461,719,546

Alabama—Birmingham

week ended

Philadelphia Reserve Dis¬

an

7,7

gain of 13.7%, the bank

a

In the Cleveland Reserve District the totals suffer

Minneapolis Reserve District by 5.2%.

+,

Mobile

in the New York Reserve District
(including this city) the totals show
of 18.3%, in the Boston reserve District of 8.9% and in the

show

1,170,434,4^9

Macon

clearings at this center

Reserve District by 1.3%.

10,781,327
7,960,080

Carolina—Charleston "ZZZZZZ

Augusta

showing an increase of 19.8%. We group the cities according
to the Federal Reserve Districts in which
they are located and from this we note that

trict of 7.7%.

11,812,283
8,829,198

+ 13.7

Georgia—Atlanta

press.

$20,515,487,760 against $18,425,704,637 in

Outside of this city there

2,913,005
5,508,07»

+ 18.1

"

j

Tennessee—Knoxville

the week

as

—

5,809,103

2,563,844
5,282,401

Sixth Federal Reserve
District—Atlanta-

increase of 11.3%, the aggregate of clearings

an

for the whole country having amounted to
the

we

5,780,577

6.3

9,118,631

Maryland—Baltimore

has to be estimated.

complete results of the previous week

For that week there

"

Florida—Jacksonville

statement, however, which

able to give final and

are

June 26.

cases

3.1

+

+ 18.7

1,163,894,772

Nashville

not available at time of

are

+

4,044,471

11,436,699

Virginia—Huntington

District of

Complete and exact details for the week covered by the
foregoing will
in

6,973,798
6,986,196

12,998,701

6.3

718,352,489

1,100,000,000
3,616,883

10,767,696

ZZZZ.ZZZZZZ
ZZZZZ

Richmond

4.8

$21,228,561,468 $19,979,652,541

_

Z

__

(7 cities).

Total
Total all cities for week

6,756,675

Virginia—Norfolk

6.3

685,285,376

1
__

2,846,018

Fifth Federal Reserve
District—Richmond-

3.7

South

All

3,523,661

1,152,000,000

+

9.7

—

3,426,426,385

3,916,678

7.7

+ 13.3

8,291,263

Pennsylvania—Pittsburgh -ZZZZZZZZ

2.7

—

—

$16,918,446-,534 $15,867,940,780

1,660,976
1,320,433

.6

7.8

+

West

days

cities, five days

—1

3,230,520

Youngstown

1.0

—

__

cities five

Ten

Columbus

0.1

—

1,416,29?

4,093,860

1,119,000,000

ZZZZZZZZZ
._ZZZ~ZZ

Mansfield

368,940,545

338.900,000

__——;
_________

Other

619,704,007

1,648,275
1,420,933
1,267,066

+

1,260,496,888

cities)

Cleveland

619,122,887

2.2

—26.6

3,658,812

ZI

Ohio—Canton
Cincinnati

1,133,000,000

-

$

Fourth Federal Reserve
District—Cleveland

1,186,000,000

_

-1.

St. Louis
San

(11

1951

$

•4,300,000

Jersey—Trenton

1,002,320,457
_

1952

—19.3

1,205,000,000

Delaware—Wilmington~~ZZZZZZZZZZZ

%

$11,645,146,184 $10,627,350,144

Chicago
Philadelphia

Kansas

1953

ZZZZ
ZZZ-.

,

1,654,836

1

4,029,269

ZZZZZZZZZZ

Wilkes-Barre

Total

1954

.ZZZZZZZZZI

York

New

York

or

1,922,972

1,591,326

sum¬

CLEARINGS—RETURNS BY TELEGRAPH
New

Inc.

Dec. %

1,972,456

1,411,182

""""* TTT

Scranton

7

Week Ended July 3—

I

Philadelphia
Reading

total

Our comparative

$

1,691,964

Bethlehem
Lancaster

weekly clearings will

year.

the

1953

Third Federal Reserve District-Philadelphia-

Pre¬

year ago.

Saturday, July 3, clearings for all

is possible

above those of the corresponding week last

6.3%

stands at $21,228,561,468 against

a

telegraphic advices from

upon

of the country, indicate that for the week ended

be

Week Ended June 26
1954

$
an

47

—

Total

Grand

11,352,950,218

10,216,637,844

8,895,585,764

Outside

(10 cities)

total

(111

cities)

New York City

•Estimated.

1,032,237,099
»

985,091,222

20,515,487,760

18,425,704.637

+ 11.3

18,768,635.685

16,946,230,223

10,515,983,977

9,245,421,679

+ 13.7

8,964,708,750

8.364,005,82^

,

+

5

48

Commercial and Financial Chronicle

The

(96)

.

.

.

Monday, July 5, 1954

Date

Company and Issue—

Foreign Exchange Rales
Pursuant to the requirement of

RATES

EXCHANGE

FOREIGN

bonds, series A, due 1975
July
of Ohio—
Cumulative preferred stock, series A
July
2480 Broadway Corp., 4% 2nd mtge. bonds due 1957—.July
United Biscuit Co. of America, $4.50 cum. pfd. stock—July

mtge. 3% %
Standard Oil Co.

Bank
different

Section 522 of the Tariff Act of 1930, the Federal Reserve

the Treasury the buying rate for cable transfers on the
We give below a record for the week just passed:
CERTIFIED

BY

JUNE

FEDERAL

25,

1954

RESERVE

TO

JULY

BANK

Abitibi
Noon Buying Rate for

Country and Monetary Unit

(Value in United States Money)

Cable Transfers in New York

&

Power

7M2%

Edison

Monday

June 25

$

Basic

,

Preferential

.0719820°

"

pound

.133333*

2.245766

.133333*
.0719820*

.

.

Union

2.245683

.0385802°

.0385802*

.0385802*

.0385802°

.0385802°

Belgium, franc

.0200500

.0200406

.0200500

.0200500

Co.

Warren
*

'

Basic

.0428082*t

.0428082°t

.0428082°t

.0428082°t

.0352609°t

.0352609°t

.0352609*t

.0352609°t

.326633

.326633

.326966

.326966

1.020000

1.020781

1.021718

1.021093

.210750

.210750

.210950

.210950

.210950

.00435401*

.00435401*

.00435401*

.00435401*

.00285625

.00285625

.00285625

•

.238379°

.210966

.210966
2.818437

v.'

.0799520

.0799520

Addressograph-Multigraph

.264200

Advisers

2.79C428

.264250

.264225

.264250

2.790532

2.790532

2.790532

.140080*

.140080*

.4.96766*

.496766*

.496766*

.496766*

.0349000

.0349000

.0349000

.0349000

.193330°

.193330*

.193330*

.193330*

.193330°

.233350

.233350

.233325

.233310

.233250.

franc

2.807907

2.807907

2.818437

2.818437

tApplication depends upon type of merchandise.

K.

to

Fund,

York

Inc. ( +) or

Dec. (—) since

Assets—

Redemption

for

fund

1

20,377,101
F.

120,002

R.

notes

71,228

861,406

Total gold certificate res.__

1

21,238,507
358,345

13

advances..

Industrial loans
Government

48,774

—

572.413

1,232

and

7,791

36,745

cash

45,499

+

208,429

—

1,867

—

securities:

Bought outright—
Bills

102,000

2,316,075

Certificates
Bonds

outright.
repurchase

agreement

District, $31

deposits adjusted decreased in all districts;
principal decreases were $895 million in the New
York District, $361 million in the Chicago District, $189
million in the Cleveland District, $153 million in the
Francisco District, $99 million in the Kansas City
District, and $83 million in the St. Louis District. Time
deposits increased $38 million.
San

Borrowings increased $290 million in New York City
and $75 million in the Chicago District, but they de¬
creased $25 million in the San Francisco District.

102,000

+

A summary of assets and liabilities of

reporting

Stone

per

S.

R.

Govt,

notes of other

Uncollected

cash

Bank

194,000

271,271

766,426

60,975

banks

144,318

items

•'%

—

92,139

246,471

Assets—
Loans

June 16,

June 24,

1954

—

1953

notes

Other

+

25,588,132
accts._

19,011,322

Treasurer—gen. acct.
Foreign

874,868

U.

S.

170,400

268,526

813,359

816,300

Other liab.
Total

—

345,409

698,627

+

1,012

24,169

376,531

deposits
avail,

+

37,326

202,230

and

-1,120,430

20,807,792

cash

items—

accrued

3,229,831

divs.

+

556,266

-

12,639

brokers

10,347

-

—

108,726
76,189
3,065

—

49,638,394

-1,516,643

for

dealers

and

for

purchasing

Surplus

(Section

7)

Surplus

(Section

13b)

Other

capital

340

77

—

901

—

61

+

492

168

+

12,665

+

625,013

40,337

27,543

accounts

+

5,809

Ratio

gold
to

serves

note

14,914

certificate

tances

eign

rr-

purchased

on

for

13.509

1,735

2,396

The condition statement of weekly reporting member
of the Federal Reserve System in leading cities

principal

changes for the week
ended June 23:
Decreases of $194 million in loans to
banks, $587 million in holdings of Treasury bills, $444
balances with domestic

banks, $2,050 million
deposits adjusted, and $821 million in de¬
mand deposits credited to domestic
banks, and increases
of $1,208 in United States
Government deposits and $335
in

demand

million in

$33 million in

and

New

agricultural

York

loans

■

*

i

de¬

City, $19 million in

in the San Francisco
District, $10
million in the St. Louis
District, and a total of $77 mil¬
lion at all
leporting member banks.
to

Changes according

industry




9-15

8-

6

9-

1

8-

6

8-25

8-

4

10-

1

9-15

7-

5

6-16

183/4c

7-

5

6-16

7-

5

6-16

50c

9-

1

8-15

7-27

7-12

8-

2

7-19

8-

2

7-20

8-10

7-23

Common

5%

American

25c

Common

Home

I^ce Co., 6%

U.

Government

except

Foreign

Co.,

Products

preferred

7-22

3

6-25

Corp.

7-

3

10-

2

7-10

6-30

20c

8-

2

7-14

$1.50

7-23

7-

97M2C

7-15

6-30

$1.25

pfd

7-15

6-30

(quar.)
Co.,

35c

8-

2

7-20

$1.25

8-

2

7-20

8-20

(quar.)

com.

$1.12Ma

(quar.)

Motorists

Co.

Insurance

9-

1

6c

preferred

8-

3

(Chicago)

Quarterly

preferred

Gas Co.,

Co.

7-15

6-18

8-

2

7-15

8-

2

7-15

(quar.)
(quar.)

com.

(quar.)

News

7-31

15c
50c

37MaC

American National Fire Insurance
American Natural

9

Foundry—

(quar.)™
Co., Ltd.

Metal

7-15

10-15

25c

(quar.)
(monthly)

(quar.)

preferred

25c

7-15

7-

2

$1.75

9-15

9-

1

12-

1

(bi-monthly)

i%

preferred

(quar.)

preferred

(quar.)

Potash

—

218

Class

A

—

197

Class

B

587

—

57

+

720

—

46

+

1,134

7-30

7-16

Chemical—

tquar.)

—

12-15

(quar.)

2

ireducedi

Corp.

&

194

«1 75

12Ma'c
50c

Phenolic

679

+4,168
5

—

+

8,247

+

15

+

836

14,604

+

155

—

268

+

• 36

'—

16

,__

2,476

—

444

—

176

+

662

54,116

Government

com.

non-cum

&

preferred

11

+2,319

$4

preferred

$4.75

American

—2,050

20,783

deposits.—

banks

9-10

5%

non-cum.

preferred

(quar.)

$1.25

12-20

12-10

$1.75

)-

American

7%

Smelting: & Refining—

1st

preferred

Telephone
Quarterly

Anglo-Canadian

+

10

+

171

2

1-

5

6-28
7-

6

8

7-

1

7r>c

Pulp

(quar.)

com.

Mills,

Paper

&

40c

7-

77-

9-

1

8-

Co
..

Ltd.—

Common

preferred

7-20

J70c

C'-ble

9

8-

7-

tl5c-

&

9

$1.25

f50c

Wi'-p

7-

€-15

$2.25

(quar.)

Hocking Glass Corp.,

$2.80

7-15

& Smelting Co.—

Drefer~ed

Anchor

Anaconda

2

Corp.—
$2.25

Zinc, Lead

nrior

Telegraph

&

Amoskeag Co., $4.50 preferred (s-a)

383

34

iquar.)____

American

626

335

1

Lines, Ltd.—
9-20

+

+

9-

$1.25

+

+

9-15

(quar.)

821

876

1

$1.18%

(quar.)

preferred

1,208

1.285

1

9-

non-cum.

38

—

1

9-

9-15

5%

+

10.214

9-

9-15

$1

(quar.i__

President

+

3,376

Domestic banks

+2.242

9-15

50c

A

preferred B

American

deposits

S.

Felt

&

Machine

American

6-25

8-

I2M2C

American

5%

7-20

50c
12M2C

Hair

American

7-20

25c

Common

2.760

adjusted

40c

l

Theatres

(quar.)

—

21,618

banks

(quar.)

(quar.)

American

American

949

domestic

deposits

(quar.)

6-15

6-15

Anglo-Canadian Telephone Co.—
Class

Notices

A

and

list

a

preferred

stock

common

OF

corporate

called

for

bonds, notes,
redemption,

TENDER

5%>

Coast

Line

certificates

Co.

of

Date
of

mtge.

income

Lakes

Pipe

-July 16

and

5V2%

preferred

3 Ve %

1st

mortgage

bonds

Cons.

preferred
Coal

Co.,

Seabrook Farms Co., 3%%

due

f.

8-10

fi-10

8-11

30c

9-

9

62MaC

8-

1

&

Argus

Corp.,

4 Ma %

Aro

Ltd.,

conv.

Arkansas

Co.

Oil

Corp.

City Electric Co.,

7-30

2

7-14

10c

Ry.

7-15

6-25

7-15

6-25

7-15

6-25

(quar.)

preferred

60c

Co.—
$1.25

com.

37M2C

iquar.i

stocks

Page

.July 13

§2596

Baldwin
6%

-Aug

1

§2808

..Oct

1

§2707

1965—_ -July 15

§2599

debentures due 1962™ -Aug

1

(quar.)

7-

8-

2

7-

8-2

93%c

8-

2

8
8

7-, 8
7-

6

30c

8-

1

7-20

12M2C

7-

8

6-25

7-

8

6-25

7-15

6-30

(quar.)

(quar.)

25c
Co.—

preferred (quar.)
preferred (quar.)

Baltimore"^ansjit Co.,

$1.50
$1.50
$1

Corp.

(quar.)

$2.50 pfd.

so

20c

(quar.)___

62Mac

<quar.)__

$1.25

HvdjrpJSiectric Co.. common (quar.)
Bankers'"Securities Corp., com. (accum.)
6% participating pfd. (s-a)__

45c

5%

pfd.

Banstor

Bankers

6-17

2

$1.08%

<quar.i__

R<7'
oiefsrr^d (quar.)
Baldwin-IJma-Hamilton

1

6-25

7-15
8-

/

preferred

2

8-

$1
$1.08%

(quar.)

Bangor &_Arpostook RR.,

due

Fe

,£ud preferred (quar.)
Atlantic Refining Co., 3.75% pfd. B
Austin, Nichols & Co., Inc.—
'
co,nv.

7-30

1

8-

dividend)..

4.35%

$1.20

1

9-

1M2 %

Atchison,"Topeka & Santa
5%
preferred (s-a)
preferred

9-

20c

dividend

Arrow-Hart & Hegeman Electric Co.

4%

6-30

fi5c
1

(quar.)

(cash

6-30

7-15

t$1.12M2

(quar.)

Corp.

7-15

15c

(quar.)_™

com.

7r20

20c

(quar.)

(quar.)

preferred

Ftlel

Equipment

Stock

Cable

Inc.

Extra

-Aug
____

debs,

Wire

Cameras,

Backstay;;/$eltr Co.

1960

1975

stock-

3Vh%
s.

Ansonla

6%
due

York, Chicago & St. Louis RR.—
cumulative

§2708

Co.—

15-year sinking fund 23/4% debentures
Kings County Lighting Co.—
New

§2805

REDEMPTION
Date

57r

Line

9

-July 21

Company and Issue—
Great

6-10

(quar.)_

(quar.)

Argus

4.35%

-July

bonds

Fedders-Quigan Corp.

Page

Connecticut—

indebtedness

Patchogue-Plymouth Mills Corp.. common stock
Poll-New England Theatres, Inc.—
Gen

9

8-10

12%%

preferred

Atlantic

Company and IssueAtlantic

9

7-

25%

(final)

Bonus

Inc.

7-

7-23

15614c

:™_

Animal Trap Co. of America¬

ing tenders, and the page number gives the location in
the current volume (except where
indicated) in which
the details were given in the "Chronicle."
NOTICE

8-10

2

t25c

iquar.i

Anglo-Huronian, Ltd. (s-a)
Anglo-Iranian Oil Co., Ltd.

s'/!

of

(quar.I

Anheuser-Busch,

including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬

Pittsburgh

in

Co.

Distilling Co. (quar.)
Fire & Casualty (Orlando. Fla.) —

337

vault™

with

62Mac
10%

preferred

American

+

Banks.——

Reserve

held

(quar.)

Board

—

_

Federal

be

Broadcasting-Paramount

18

________

with

to

Box

—

indebtedness

bonds

Time

6%

appear in another press release.

Holdings of Treasury bills 'decreased $215 million

8-20

1

dividend

7.741

PARTIAL

Chicago, $11 million

*»

Stock

+

borrowings.

Commercial,1 industrial,
creased

1

9-10

9-

Co.
(quar.)
stockholders

to

meeting

American

6,679

of

1,057

banks

million in

7-

1

20%
Co.

2,322

16,115

1

Condition Statement of Member Banks
following

6-30
12-20

10-

50c

6)

33.379

bills

preferred

the

8

35c

Insurance

(subject

492

Below will be found

shows

7-

1-3-05

$1.75

special

at

Book

American

for¬

commitments

6

9-15

t$1.32

T_

(quar.)

American

147

Redemption Calls and Sinking Fund

0.1'

accep¬

correspondents
loan

July

on

+

200,966

0.9%

40c

quar.)

preferred

Automobile

American

4M2%

45.8%

7-

1

t25c

(quar.)

dividend

re¬

combined..

7-12

10-

$1.25

(increased

approval

2

deposit and F. R.

liabilities

Industrial

-1,510,666

50,759,131

...

Contingent liability

Stock

V

liabilities and caiptal

accounts

6-22

Co.—

7%

1

Interbank demand deposits:

195,865

6-29

7-20

American Paper Goods

carrying

or

securities—total

securities

Reserves
in

—

—

Borrowings
Total

American

$5
+

6-17

933/4c

(quar.)
Filter

preferred

6,641

Treasury certificates
Treasury notes

Cash

—/ 367

314

2,059

banks

to

S.

317

—

pur-v

securities—

loans

Treasury

Other

—

-

Liabilities-

272,316

of Ree

6

Ltd.—

Canada,

convertible

$7

6%

loans

Government

S.

Demand

In

Air

Common

5%

893

239,054

Capital Accounts—

Capital paid

preferred

5%

American

4M2 %

+4,637

agricultural

and

carrying

or

estate

Balances

liabilities

industrial,

loans

Loans

U.

U.

Total
Deferred

—

545,071

1

Other

39,722

securities

Other
bank—res.

12V2C
-

(quar.)

of

preferred
(quar.)
5»/4% 2nd preferred (quar.)__
American Aggregates, com. iquar.)__

American

981

21,896
to

chasing

i

Reserve

share
plus this dividend)
of America, com. (quar.)

Co.

American

—

39.076
;

loans
Loans

200,966

Deposits:"
Member

1

Commercial,

Real
Federal

80.702

Loans—gross

7,643

-1,510,666

,

$2.50
25c
$3

1st

5%

(In millions of dollars)
investments—total

and

Loans—net

3,746

6,713

+

50,759,131

Liabilities—

8,297

740,475
114

—

53,551

Assets

2,572

—

3,796,835

assets—

Total

1

22

premises

Other

25,037,437

25,075,414

securities

banks

8%

Virginia

of

Corp.

American-Marietta

dec. (—) since
June 23,

92,000

securities.

and

foreign

mem¬

Increase (+) or

271,271

1954

loans

8-

(Equal

(final)

receipts

7-10

Holdert

net

from

(s-a)

preferred

3.90%

/

;

100%

(quarterly

.

75c

'

$1.06)

American

744,650

ber banks follows:

25,037,437

under

1,604,075

—

in the Chicago District,

the

—1,429,425

3,092,550

-

bought

+

6,599,791
13,029,021

-

Notes

841,271

+

dep.

preferred

4%

Demand

1953

1954

1954

1

certificates

(qUar.)

Corp.

When

Payable

.

July 1,

June 23,

June 30,

Inc.

Amer.

$10.50

million

Per
Share

div)

Allegheny & Western Ry. guaranteed (s-a>_
Realty Co., 50c pfd. series A (entire
issue called for redemption on July 1 at

million in the Boston Dis¬
trict, and by smaller amounts in the other districts. Hold¬
ings of Treasury certificates of indebtedness and of
Treasury notes decreased $57 million and $46 million,
respectively.
Holdings of United States Government
bonds increased $11 million.

(In thousands of dollars)

:%%;■•

Aluminum Co.

City, $181

Francisco

-■■■:,■

Alliance

$52 million in the Cleveland District, $50 million in the

Federal Reserve Banks Combined

F.

179.

5c

U.

Alberene

* *

••Temporarily omitted.

New

(stock

approximately

5%

2.818281

*#

**

San

from

Volume

§In

•

Akron, Canton & Youngstown RR.—

2.807803

2.818437

)

A.

.0349000

2.807907

2.818437

Statement of Condition of the Twelve

Total U.

§2853

income)

.496766°
%:-•

Fund

Affiliated

.140080°

.140080°

.140080*

v+

Aluminum

Total

1972
July 29
debentures due 1966—July 25

Name accompany

$3.75

Due

J

§2475

(Continued from page 14)'

.0799520

.0799520

2.807907

Held

"'

Dividends

(

2.818125

.264200

Kingdom, pound sterling—
Uruguay, peso

Total

)

*

__Jun 28

this issue.

in

%

.210966

2.818437

2.790532

United

S.

stock

bonds, series A and B

Corp., 3Vi%

Petroleum

Announcement

.238379°

.238379°

•

.210833

2.818437

.0799520

•Nominal,

.238379*

.238379°

.210833
2.818437

peso

Switzerland,

U.

§2703

1

.00435401*'

.00285625

V-

.00285625

Netherlands, guilder
New Zealand, pound
Norway, krone
Philippine Islands, peso
Portugal, escudo
Sweden, krona

Discounts

July 20
July 30

B
B
B

pfd.

Co.—

1.021328

Mexico,

Other

*

.326966

British Malaysia, Malayan dollar
Canada, dollar

Gold

1

.0352609*t

Ceylon, rupee
Finland, markka
France
(Metropolitan), franc
Germany, Deutsch Mark
India, Dominion of, rupee
Ireland, pound

.

§2805

Aug

.0420082°t

Free

1

California—

of

.0200437

Brazil, cruziero—

§2701

Aug

Inc.—

f.

s.

page

•

convertible subordinate debentures due

3 Vb %

Austria, schilling

mtge.

Oil

§2645

B

convertible

Tramways

General

.0719820°

/

2.245766

2.245766

2.245766

Montreal

.133333°

.0719820*

Co.,

4.50%

Co.,

§2645

15

July 30

:

cumul. conv. pfd. stock

preferred stock

second

Haloid

*.200000°

.133333°

.0719820*

:%

$4.25

<fc
*P

.200000*

.200000*

Can

Continental

July 1

June 30

$

.200000*

,

.133333°

Free

Australia,

June 29

$

.200000*

*

Tuesday

June 28

Friday
Argentina peso—

%

§2477

10

Co.—

convertible preferred stocks

and $1.40

$1.32

Thursday

Wednesday

15

Date

stock—

preferred

11 §2601

Ltd.—

Co.

Paper

Brooklyn Union Gas Co., 5%
Commonwealth

26

CALLED

Company and Issue—

INCLUSIVE

1954,

1,

ISSUE

ENTIRE

OF 1930

UNDER TARIFF ACT

TREASURY

TO

Page

Francisco Terminal—

San

Co.

1st

certifies daily to the Secretary of
countries of the world.

Pacific

Southern

Trust

Co.

(N.

Y.)

(quar.)

...

10-15

9-30

1-1+-55

]«>_•»'

8-

3

7-15
10-

1

7-20

7-

9

6-30
9-

7

7-

1

$4

8-

2

6>30

$1.50

8-

2

6-30

7-15

6-18

55c

I

T:

Number 5339

180

ime

The Commercial md Financial Chronicle

. . .

Per

of Company
Gas

6-30

Columbia Terminals,

7-15

Columbus

8-16

Columbus

8-25

Sf^iiisr9»55i'cS7com.
Laboratories
Corp.

>r

Terminal Corp.

Apartments, Inc.—

x-Arts

prior

$1-50

Ltd., common (quar.)
preferred A (quar.)——
(E. W.l Co. (quar.)

I

Common

$1.32

convertible

preferred

$1.40

convertible

preferred

(quar.)

arterly

(quar.)

Hydraulic Co.

Natural Gas, 5xk % pfd. (quar.)
National Co., Ltd. (quar.)

7-

5

6-18

Ooniederation

8-

3

7-

2

"8-

3

7-

2

7-15

334% pfd. (quar.)
Forest Products,
Ltd.—

Co.,

Columbia

8-21

11-30

11-19

7-30

[
i

to

Extra
5

dividend

r,

v

I

preferred

preferred

)

& Co.,

preferred

Consol.

7-

1

$5

3

6-30

7-15

6-30

1

7-16

7-15

6-30

8-

2
1

7-

6-28

5%

8-11

7-12

$3.75

7-15

6-28

$4.25

$1.25

7-15

6-28

for

7-15

6-28

—.

—

7-15

6-2R

8-

7-12

(quar.)

$1

1

7-29

7-

10-29

10-

J50c

7-29

7-

8

t50c

10-29

10-

8

(quar.)

Land

veras

3

Timber

&

preferred

9

\

fornia

0
0

Portland

ada Southern

Rv.

adian

0

Co.,

1'.

1

Bronze

preferred

adian

8

'it

J$3.50

adian

1st

%%

preferred

Me-

6

preferred

iadian

1

preferred

1

1/lOc

1

from

realized

1

9

Jl5c

Hex

6

'

Corp.,

&

6-18

8-

2

6-23

Co.,

2

7-

9

Crum

8-

2

7-

9

Cuba

t$1.50

Co.,

6-30

Cuneo

8-14

7-14

2

6-25

7-15

6-29

Cutter

10-15

9-29

Cypress

12-30

1 15

Dallas

Abbey

J37Vac

7-15

.

.

5

Power

&

0
9
9
0

Davidson

T

7-

9

Dayton

8-

2

7-

9

Deere

9-

1

8-13

(L.

$1.25

$2

Rubber

class
&

0

7-

7%%

6-

7

0

8-10

7-20

8-10

8%

5%

$1.05

8-10

7-20

7-31

7-

8

Denver

7
8
8
8

6

5c

8-

2

7-

6

7-

15,.

6-30

7-15

Corp."

(quar.)
Ry.

$112%

7-15

*

preferred
(quar.)
Eastern Illinois RR.—

87%c

8-

6-30

7-

1

50c

8-

0il Co"

9
C
r

i

(

r.v Multinn
&

7-

1

Dominion Square Corp.,

1

Dominion

12-

1

Common

Et,5l htng •Ry"

Common

9-

-c°ia

f

B°tt|ing

Co

or

Craft

Tt* Southern
'•'

non

CUmuiative

n°n-cUmulative

preferred

1st

prefeTOdZIZI"




(quar.)

1

8-15

Dow

Chemical

Co.,

11-19

$4

preferred

A

7%
1.

preferred

7

8-13

Drexel

1

7-23

du

8-

2

6-

to

Furniture

Pont

(E.

I.)

(quar.)

common

(quar.)
de

Nemours

1

$3.50

preferred

$4.50

preferred

12-20

7-20

,8-

5

9,

7-20
8-

2

3

7-15

7-10
7-15

..

7-15

7- 9

6-22

Ducommon
Dun

&

4j/2%

7-

7

9-22

9-

1

preferred

Duncan Coffee,
Class

&

A

Supply
common

5%

(quar.)

(quar.)

East

5% pfd.
(quar.)

Company,

preferred

Pennsylvania

R.

9

9-

3

8-

7-14

3

7-15

6-30

8-

2

7-19

6-18

7-26

7-15

7-10

7-1

6-24

9-

1

8-24

(quar.)

common

'

$2.20

Fuller

Realty

(quar.)

B.)

Fuller Mfg.

Bakeries,

Baking

R. Co.

Ltd.

(s-a)

.

(s-a)

7-30

7-15

7-30

30c

(annual)

pfd.

6-22

7-15

7-

7- 7

6-21

tlOc

2nd

7-15

6-25

7-15
1

7-15

Co., common
(quar.)

Crude

35c

8-

2

$2

10-

1

9-17

10c

7-19

6-30

50c

7-10

6-25

40c

8-

12-

1

11-15

General

Finance

8- 2

7-15

Corp.—

5%

preferred

(s-a)
preferred series C
A

2

7-15

7-15

General

9-17

Foods Corp.,

General

Instrument

8-

7-20

General

Motors Corp.,

2

4%

9-29

9-18

8-16

8- 2

preferred

12-23

12- 3

7-29

6-30

7-15

6-30

Class

7-9
7-9
7- 9

General

933Ac

2

7-15

of

25c
25c
$10c

8-31
9-30
8-25

8-17
9-17
7-30

7-

5

6-15

2nd

non-cum.

Public

pref.

Service

preferred

$5.50

$1.37%

(quar.)

5%

5c

8-16

Corp.;

22%C

Yellowknife

Co.,

Inc., com.

(P.

Rubber Co.

4%

8- 2

7-22
10-22

11- 1

5-17
5"17

7-13
7"13

ZIY?0
31/40
$L50

,0" f
12" 1
7-20

1

?"?q
7- 1

7-10

7-24

7-10

25C

8-

2

7-15
7-15

2

6-14

$1.75

—

2

8-

10-

1

9-20

12 %c

(quar.)

7■% pfd.
(quar.)

8-

25C

8-

1

6-28

15c

8-16

8-

2

$50c

(quar.)

Batteries,

7-31

7-

9

5%

preferred

and class

Class

Grand

85

56%c

Co.

(N. Y.)

Mobile

Gustln-Bacon

Harris

5Ya%

Corp.

(accum.)

7-15

6-18

7-31

7-15

&

(quar.)

Coi

(increased)

6-30

2

7-15

12 %c

8-

9-10

8-23

12-16

11-26

4

6-25

10c

Ltd.,

7-21

6-30

8-14

8-

35c

9-10

8-25

$1.50

(quar.)

(increased)

Co., 5Va% pfd.
preferred (quar.)

(quar.)_

8-

t$1.25

30c

(quar.)

Plywood Corp.

6-15

7-15

8-

$1.25

(quar.)

preferred

7-16

7-15

$1.25

(quar.)
Mfg.

2

75c

37 %c

——

Co. (Fla.)
Ohio RR.—

Cotton,

(A.)

9-30

,

(quar.)

5% pfd. (quar.)
Hammond Organ Co. (quar.)
Harbison-Walker Refractories Co.—
6%

6-30

$75c

preferred

Insurance

preferred
preferred

Harbor

7-15

10-15

—

<quar.)_

Co.

preferred

Hamilton

6-25

5c

(quar.)

InC., com

8-25

11-25

7-15

50c

pfd.

9-15

12-15

—

convertible

Hagan

11-29

37 %C

4V2%

Guaranty Trust Co. (N. Y.) (quar.)
Guardian Realty Co. of Canada—

$5

12-11

t25c

Grlesedieck Western Brewery Co.

Gulf

8-30
11-29

125c

Co.,

L.)

Life

8-30

9-11

$2

(quar.)

Quarterly

Gulf

9-11

12-11

$1.50

B

Great, American Insurance

5%

6-30
6-30

5c

Union

(H.

7-15
7-15

$1.50

(quar.)

Common

7-20

$2

(quar.)

Ltd., class A (quar.)

& Co.,
A

7-20

2

15c

(quar.)

preferred

6%

2

25c

(quar.)__.
—

B

5

88-

IOC

(initial)

(quar.)
& Co.—

R.)

(W.

6-23

7-

42 %c

56%c

com.

new

preferred (quar.)
Goulds Pumps, Inc., common

7%

8-20
9-17

3

56%C

Great American Industries

7-16

7-

8-

$1.12%

—

(quar.)_____

4Va%

Grafton

9-10
10- 1

1

2

,

Inc.

Foods.

National

6-15
7- 7
8-17

8- 2

6-15

8-

25c

(quar.)
(quar.)

preferred

Gordon

Gould

7-15
7-28
9-15

40c
$1.12V2

7-15

2

7-15

Goodyear Tire & Rubber Co., Ltd. (Canada)

8%

20c

8-

t

$1.25

(quar.)

(quar.)

(quar.)

Brothers

Goldblatt

Goodall

6-30

15c

Harvester Corp

Gleaner

7-10

7-23

CO

8-

$20c

Ltd

Mines

com.

■fr-15

1

20c

(quar.)

H.l,

preferred

4'/2%

8

7- 8

CM

50c

55c

Co

Gold

preferred

Glatfelter

2

Southwest—

the

preference

$5

Bros.,

8-

1

—1
of

Cement

Portland

Giant

7-16
7-

2

of Indiana—

(quar.)

Giant

8-

25c

(quar.)

George Putnam Fund of Boston—
(From investment income)

6-28
6-30

7- 9
7- 9

(quar.)

(quar.)

preferred

7-15
7-30

"7-24
7-24

com.

(Calif.) —

Co.

preferred (quar.)
Telephone Co.

$4.50

6-30
6-30

preferred

Gillette

2

7-16

preferred

Gimbel

88-

2

Telephone

$2.20

6-30

8-16

General Telephone Co.

$2

2

$1.50

Special
4V2%

6-30

8-

37%c

preferred (quar.)
class A and class

8- 2

$1

(quar.)

Public

class A

6-15
7-7
6-23
7-21

7-15

held)

(quar.)

Utilities

preferred

$6

shr.

each

for

Corp.—

$4 convertible preferred

6%

7-15

2

8-16

$10c

8%

7-15
8-2

8-

$1.50

Mfg., Ltd.—
(stock div.) (One shr. of 3%

B

6-28

$$1.75
25c
$1
25c

6

Products

6-24

7- 2
10- 1
9-1

7-

(s-a)

A

A &

7-15

8-2
11- 1
10- 1

2

Class
General

7-15

$10c
tlOc
$25c

8-

9

Ltd.—

Canada,

20c

$17y2c
$40c
t$l
$25c
$20c

6

7-

6-15

Globe-Wernicke Co.,

25c
$17V2c
25c

7-

5

General

9-13
8- 2
6-30
7-16

2

2

7-

General

20c

7-

8-

$10c

7-14

7-15
6-10

3

(s-a)

7- 2
7- 6

8- 1
7-10
9-20
8-16
7-30
7-30

8-

$1.25

(quar.)

7-31

93 %c

$5 pfd.

11-24

Common

7-15

$37y2c
62J/2c

11-10

$1

12'/2C

(quar.)

(reduced)—

(quar.)

Petroleums

General

y8- 4

1

11-10

87%C

(s-a)

$3.50 preferred
Corp.

Outdoor Advertising—•
preferred (quar.)

6%

9-23

1

6-25

11-24

General

9-15
9- 3

10-

;

2

25c

com.

8-16

8-

•

convertible

$2

9-30

2%

(quar.)

1

9

Oil

preferred

General

2

11-

7-

30c

6%

(quar.)

Co.

8-

11-15

55c

(quar.)
Co.,

8-16

20c

(quar.)

common

&

General

$8

6-30

12c

(Interim)

Corp.,

preferred

General

6-15

7-19

10c

(L.)
Co.

(D.

7-15

10c

Quarterly
Froedtert

7-30

$25c

(quar.)

(quar.)

Ltd.,

6-30

$15c
20c

Ltd.

(initial)

12%

(final)

-

'

$2

7-

8-25

(quar.)

15c
15c

(quar.)

Co.

(quar.)

Bonus

2

9-24

75c

(quar.)___

A

new

87y2c
$1.12y2

(quar.)

class A

Dunl'op Rubber Co., Ltd.
Duriron

7-2S_'

Metals

Bradstreet,

class

Electric,

Co.

(quar.)

8-15

&

(quar.)

6-21

1

Freidman

Green

(quar.)

1-3-55

r

—

(quar.)

7-12

10-

9-10

9-30

Ltd.—

preference

8-

"c

Co.,

——.—

9-

Iflc

,

vquar.)

9-15

12-

.mo

•»—7—

1st

Ltd.

(increased quar.)——

1

$1

*

30c

(quar )

—.—

(quar.)
(quar.)
Dominion Textile Co., Ltd.—

7-31

Products

(quar.)

Ltd. (quar.)—
Ltd. (quar.)__

Chemical

&

9

8-

de¬

(quar.)

Cos.,

Grace

Corp.,

10-

«•**£

—.

Tar

7-

(one additional share of
stock for each four shares held)

$$1.12y2

7-15

20c

Lo-uys;;;;;:;;:

(St

12-15

Ltd.—.

common

8-16

2%
$1-50
65c

(s"a)

(quar.)

Common

8

Dominion

$1.75

Is-a)

Coal

&

Dominion Stores, Ltd.

6-15

9-

1-50"prefgrrpff ,Illummatin8 cO- (quar.)-

(

Steel

2

stock

stock

Dynamics Corp.—
preferred

37y2c
10c-

Linoleum,

&

6-30

7-15
8-

7-15

capital

General

50c

(quar.)__

(quar.)—.

10-

J

^h°rp'' com. (stock div.)

—

—

Ltd.

(quar.)
Ltd.,

Oilcloth

6-18

his

R?trvice Co- ^ q^r. ,1
Investine° Gn % preferred (Quar.)

arfieid
veland

6-18

2-55

Co.,

Glass Co.,

7-16

25C

-

(quar.)

:__

preferred

6-30

6-30

profits and/or avail¬

General

(quar.)—

common

Co.

A

net

6-25

$1.25
(s-a)

Corp.

Construction

preferred

7-15

iq

y

8-20
1-

RR.—

pfd.

Foundries & Steel,

25c

'preferred ?rleaiTf- Tex-' & Pacific Ry"!
a gs» 1=1—-—

______

(quar.)—.—

2

10-20

0

(quar.)

(quar.)

—

20c

com" (resumed)—

1st

Yard

12-15

IqSf

1

8- 2
8- 2
8- 2
8-2
8- 2
7-19

Bridge

6-30

7-15

7-15

75c

capital

8-16

$2

Tunnel

10-15

5KhlfSdf? products" c^prTquaT]:::::

(quar.)

"A"

com.

Co.,

6-30

7-15'

Fran.)

(quar.)

Corp.

Fraser

10c

(quar.)——

Steel

4y2 %
7%

(quar.)_

1

Co.

Dominion

ass> A (quar.)
;ass A (quar.)

(quar.)____

Ltd.—
$1.50 convertible class A pref. (quar.)—_
Dixie Cup Co.,. 5% preferred A (quar.)—.—
Dodge & Cox Fund, Beneficial shares
Dodge Manufacturing Corp., (quar.)
:—
Dome Mines, Ltd.
(quar.)
•
Dominguez Oil Fields (monthly)

i

•i„

Amnion

Di-Noc

Dominion

adopted.

(quar.)—

(quar.)

Dominion

pending Fed-

11-

40c

Match

6-30

7-15

25C

class

the

its

on

1

25c

Dominion

poned by the directors of the
shSnL UntiJ AuSust 2 to permit the
nrn6 taxrs t0 claim a 5% credit for
income l

pfd.

common

Stock

preferred

(San

7-10

B

$1.50

7-15

7-12

75c

(quar.)

(quar.)

9-

40c

50c

Diamond

Fram

20c

Co.

8-30

30c

($1

Wallace,

B

10c

Co., $4

Corp.,

Canada

Monthly
Monthly

*

0

0

7

onrLP

:ass A

11-15

Raynolds, class A (quar.)_

Class

Disher

conv,

5
5

1

I quarterly payment of 50c on the class
ferm°H .r^aya,ble July 15 t0 holders 01
was!
y 1 Previously reported here

is

Devoe &

7-15

75c

,

_____

Telephone

6

'

bill

7-31

7- 9

7-30

tax

8-16

9-

8-16

era

6-25

40c

21c

5

6-15

2

90c

6-30

____

if the

7-15

12-15

7-15

+

6-18

7-15
8-

50c

Union

Co.

Co.

Foundation Co. of Canada,

7-6

$1.25

45c

purposes

2

8-

9-10
12-10
12- 3
8-14
6-29
7- 1
7-12
7-12
7-9
7-9
7-9

7-

5

7-6

9-20
12-20

7-15

(s-a)

9-24

9-10

dividend

&

50c

(quar.)
stock (quar.)

40c

5

8-2

7-8
8-9
8-9
8-9

(quar.)-——

4

6-25

8-2
9-3
9-3
9- 3

Edison

0

2

8-

25c
30c
30c

Detroit

5

7-12

common

Tramway

Stock

50c

convertible preferred (quar.)
convertible preferred (quar.)

37%c

(quar.)—

1

45c

Rubber

its
of

Corp.

Class

7-15

25c

87y2c

com.

deb.

5%

Fluor

7-20

$1.75

$1.12J/a

(quar.)___^.

Co.,

2

2%

Maryland

of

Insurance

&

Corp.

on

com.

$1.75

•

Denver & Rio Grande Western

7-20

$1

;iForbes

7- 9
7- 9

Mfg.

9-15

8-

10-

surplus of the corporation)

$3.75

pfd. series A

Co.,

1

$1.06%

dividend)

j,

Tire

clared out

9-15

7-26

7-12

&

1

7-26

7-27

cago

10-

50c

5c

0

8-20

25c

Co.,

Dennison

3

50c
4%

Corp.

'Me

0

1

(quar.)

A

&

income)

9-

Fund

Boston

able

7-16

10-

$1.25

(quar.)

(stock

Quarterly

5

8-

1

62 %c

preferred

Firestone

First

6-15

8-

Inc.—

(quar.)

Fireman's

9-15

1

8-20

Co.—

Co
Inc.

(quar.)

Department Stores,

Corp.

3c

Light

A.)

Bros.

Detroit

preferred
'sapeake & Ohio

10-

75c

$3.50

(accum.)

(quar.)

3%%

Corp.,

Darling

5-14

8-

Denver

jnango & Unadilla
a*

1

6-11

8-

8

esiment

0

7-23

8-2
8- 2

7-20

10c

_

*' Power

Ferro

6-18

7-15

$1.13

6-14

1

7-15

$1
$1.06

7-

™

6-18

8-16

(quar.)_

40c

Co.

7-15

(quar.)_

6-30

4c

___

(quar.)

sugar

4'A%
1

A

Fidelity & Deposit Co.

preferred

Dana

from

(quar.)_

Aguirre

7-10

11-12

$1.25

preferred B (quar.)

Common

8-15

2

preferred

7-12

'tral

1

8-

1

7-15

3Y2C

preferred

$2

(quar.)

Co

7-31

5

9-

$4.24

6-30

12-

16 V2c

:

5%

7-9

4y2 "/o

$$1.12%
quar.)

■

(quar.)

$50c

(quar.)

preferred

(quar.)

Laboratories

25c

Knitting Co., Ltd.

Ltd.

8%

Inc., 3J/2% pfd. (quar.)__
Clothing Co., 4V2% pfd. (quar.)
Curtiss-Wright Corp., $2 class A (quar.)__
$2 class A (quar.)

25c

'co

8- 2

10c

Press,

$50c

•lc

A

Curlee

8-

B

Extra

11-30

10c

Seal,

preferred

7%

6-30

7-15
7-15

jl2%c

$$1.12%

19/10d

Extra

Class

28yBC

(quar.)

(quar.)__—-

A

preferred

$7

Voting

preferred

&

Forster,

1 quar.)
tral Vermont
Public Service Corp. (quar.)
dburn
Hosiery Mills Inc., common-—nieston Transit
(quar.)
imical
Fund, Inc. (increased "from net In-

1

class

pfd.

(quar.)

Cork
&

$$1.12%

(increased

common

class

8-13

(Wash. D. C.)

5c

4'/2%

Co.,

Blackwell,

B

Crown

8-

Sexton

&

Class

7-26

J27%c

(quar.)

___

8

12-15

$15c

Crossett

dep-receipts ord. (interim)—
erpiiiar Tractor
Co., common (quar.)___
Stock dividend
•20& preferred
(quar.)

9

(quar.)

6-28

mer

5

Ltd.

L.),

7-28

t31c

__

Co.

}5c

$2.50

Crosse

(initial)

penter Paper
reras, Ltd.—

(R.

1

35c

(quar.)_

(quar.)

5%

47/e%

7-16

(quar.)

profits

common

7-15

(final)

7-26

___

ew

2

(s-a)___

preferred

Cribben

Corp, (quar.)
1
I"
olina Clinchfield & Ohio
Ry. (quar.)
olina Power &
Light Co.

0

Crain

6-30

9-

$1.50

(quar.)

General

deposit receipts ordinary

Creamery Package Mfg. Co. (increased quar.)

lisle

0

8-

$1.25

(quar.)

7-31

Ltd.—

and

7-15

$6y2c
s-a)__

6-30

Ltd.—

Inc.—

7-15

2

$1.31 V\
A

(increased

6-30

J75c

income

Realty

Cuban American Sugar

Ltd.

2

8-

Ltd.—

American

9-21

$3

Papier Board Co., Inc., cbm.

preferred

Fresnillo

8-16

(quar.)_

(quar.)

Ltd.

________

Craddock-Terry Shoe, 5%

t$1.^0

common

8-

Corp.

Reynolds Corp.

Courtaulds,

6-30
6-30

&

1

7-31

16V2C

Federal Services Finance Corp.
Class A (quar.)

90c

17 %c

(quar.)

Vickers,

(quar.)

com.

50c

(quar.)__

ital Venture Fund

Refining Co.,

7-15

:

Refractories

'/2%

1

7-13

4

7-20

7-15

t$1.25

Ltd.,
adian Pacific
Ry. Co

1

8-

(quar.)

Investments,

9-20

30c

^

7-15

(s-a)

Co.'s,

(quar.)

Quarterly

Ltd.

(quar.)

General

adian Oil

6-30

(quar.)

Corp., Ltd.

1

10-

(Toronto)—

37 '/2c

common

Federal Insurance Co.

per

$1.50

Fairbanks-Morse,

adian

2

7-30

40c

(quar.)

preferred

5

5

$105

$1.17 V2

Mines,

ada Northern Power

7-6

$$1.20

Cosmopolitan

$1

Co.

8-1

$1.25

7-26

(quar.)

Cement

ipbell Red Lake

0

Co.

preferred (quar.)
Investors, Ltd., class

8-5

$1.75

Packing Corp.

4%

23c

Corporate

80c

—

preferred (quar.)
preferred (quar.)_

at

(quar.)

$5.25

10-

15C

Federal

called

issue

20

dividend)

Electric

Corroon

6-18

Food Fair Stores—

preferred

8-

8

$26c

-

7-6

933/4c

(entire
July

on

Insurance

Co.

7-

50c

Quarterly

and

(quar.)

this

6%

Co.,

7-6

53y2c

(increased)

com.

6'

"7- 6

$1.25

Co., Ltd.—
(quar.)_
preferred (quar.)

1

$37y2c

(quar.)

1

3 y2c

"A"
H.)

(T.

preferred

8-

Co.—

Life

6-11

(quar.)

fornia

plus

Electric

l'/o

preferred

8-1

$1

2nd. preferred

10c

.70

0

Ltd.

7-

7-15'"

Farmers & Traders Life Insurance Co.—

62y2c

(quar.)__

6-25

7-15

$1.25

Fairbanks

of

(quar.)

redemption

8-16

(quar.)

com.

Corp.

America,

preferred

7-12

;

fornia Oregon Power,

4

Gas Co.

6-25

7-15

$10c

(quar.)
(quar.)

7-6

$40c

Cornell-Dubilier

.

2

Can

31c

Co., common (increased)-.
erfly Hosiery, Ltd., 7% pfd. (s-a):

2

Paper

Products

Corn

6-18

7-20

25c

—

preferred (quar.)
(bi-monthly)

Mfg.

er

3

Co.

Semi-annual

8

common

Co.

5%

"A"

6-25

25c

preferred (quar.)

Cook

7% preferred (s-a)
Products, Ltd. (quar.)__

5

30c

Smelting

&

Natural

Continental

8

preferred

Federated

(quar.)

7-15

$3.50

Co.,

8-1

$20c

Continental

common

$1.25

Mining
Ltd. (s-a)

share

17%c

—

7-15

4%

B

Biscuit.

Corp.

1

Co.—

4.16%

$1.25

Inc

2

9-

8-12

9-

75c

Estabrooks

Ltd.

(quar.)

preferred

6-28

&

7-19

1

8-

y9-23

10c

(quar.)

Y.)

(N.

9-10

25c

Mines,

*

Container Corp. of

7-15

Trust Co.

6-25

10c

(quar.)__^

15c

5c

12-10

62y2c

Corp.

7-13

60c

9-15

37V2C

Yellowknife

2

25c

(quar.)

12-15

Industries—

Dearborn

6-30

8-

62y2c

(s-a)

55c

(quar.)__

7-15

70c

Phonograph Corp.

51c

Extra

1

&

8-

Corp.—

:

50c

(quar.)

Chemical

Consolidated

B

Terminal

(q^ar.)

Lobster,

8-

(s-a)

preferred

Radio

Erie Railroad

7-6

preferred

10c

Ltd., class A preference

■oughs Corp.

Heating

8-1

Consolidated

6

preference

a

Capwell

Enamel
7-29

47V2c

Laundries

7-19

8-

A

•y

J

Emporium

2nd

5%

(quar.)__^

Discovery

Canada,

ass

3

6-29

8- 9

7-

Consolidated

ass

j

Empire

$1.50

Consolidated

ass

5

6-30

1st preferred

(quar.)

Abrasives

&

Extra

(Toronto)—

Common

150c
t50c

is

)

7-15

5iy2c

Consolidated

7-16

4 V4 %

—_.

4%

ock's Inc.,

Emerson

6-23

7-20

______

6-30

15c

(quar.)__
(quar.)
(quar.)

6-23

1

Consolidated Retail Stores—

(quar.)

prior preferred

6%

1

8-

1%

8-15

(quar.)

2

7-15

»

i

A

15c

—

—

preferred

convertible

c

6-23

8-

Li^ht & Power, $2.06 pfd. (quar.)

Extra

50c

,

——

Stock

5

1

42%c

Plan, com. (increased quar.)

jet Finance

)

8-1

5

preferred

Class

2

7-

5c

—

6-23

15c

15c
25c

(quar.)

(quar.)

Refractories

8- 1

7-

Consolidated

7•

preferred

Electric

$38c

7-15
8-

8-

(quar.)

—

5% preferred (quar.)___
Elgin National Watch Co. (quar.)
Ely & Walker Dry Goods, common (quar.)__

convertible

$37c

preferred

2 V2C

2)

Aug

7-15

Consolidated Edison Co. of N. Y.—

klyn Union Gas .Co., com. (inc. quar.)__
;'convertible preferred (entire issue to
be redeemed on
Aug. 1 at $48.95 plus
this dividend. Convertible into common

l

8- 3

$1.75

preferred (quar.)___
Connohio, Inc., 40c preferred

2

Electro

(quar.)__

preferred

$2.04

8-10

$l5c

$2.20

7-16

7-16
7-15

t$1.50
J$1.183/4

(N. Y.)

Corp.

v

1

..

8-

(quar.)

preferred (quar.)
preferred (quar.)—
Lsh Industries

$2

9-18

7-

Association

Consolidated

Power Corp., Ltd.
Telephone Co.—

Columbia

$1.90

7-31

1

9-

Life

G.), Ltd., 7% preferred
preferred A (quar.)

6%

Stop-Nut Corp. of Amer.

9-

11c

(C.

Connecticut

9

9-30

tlOc
125c

———-•-.—-—

————

sh Columbia

r

7-

2

8-13

"

larterly
sh

6-17

8-

Sault

Elastic

$1.37%

-

Quarterly
Quarterly
Conn

7-15

Edison

6-29

$5c

Ltd

Fund

25c
94%c

Co

ol-Mvers
sh

50c
37 %c
30c
40c

class A (quar.)_
W.) Corp. (quar.)
class A (quar.)

(George

Corp.,

Conduits

7- .9

tch, Inc.,

International

Concord

6-17

2

6-25

7-15

35c

Concord

7-15

7-15

33c

7-16

I Corp

geport
-s Mfg.

8-16
v

.

7-15

45c

7-15

8-, 2

2

8-10

,

8-2

9-15

15c
15c

——

Ami Co.,

Commonwealth

6-30

8-

25c

(quar.)

6-15

7-15

10c

5%

(quar.)

common

Stock

8%

(quar.)

6-30

7-15

$$I

Industries Inc.,
dividend

7-10

shares held

6-24

1,

Bakeries, Ltd., 4% partic. pfd, (quar.)

Eastern

9-17

com¬

7-20

8-

Eastern

7-15

div.)

Gas

2

8-

75c

preferred (quar.)
(quar.)

Bell, Inc.

each 25

(stk.

com.

Illinois

,J- 9

20c

(quar.)„

common

Tobacco,

Bros.

i

Co.,

Northern

mon

tlOc
t25c
40c

—

for

Edison

of

7-20

r.-rr—-

*

—

—

Hats,

share

2

8-

50c

(quar.)—_——

Foods Inc.
aore

Commonwealth

1

7-20

2

$$1.25

Combustion Engineering Inc. (quar.)

„

Aircraft Corp. (special)—
25c Aircraft Corp. (increased) _—
$1
Telephone Co. of Canada (quar.).
t50c
terre Quebec Mines, Ltd.——
5c
ont Iron Works (quar )
—
50c
us
watch Co. (quar.)—_______—20c
uner Limestone & Cement Co.,
(quar.)_
50c
aCial

7-15

One

h

!

Combined

_

75c

preferred (quar.).

preferred (quar.)--^—

1st

7-22

,7-

8-14

Co.—

Enterprises, Ltd., 5% pfd. (quar.)
Locks Paper Co., class A (quar.)

Holders

Payable of Rec.

8-

$5

75c

Electric

2

7-15

Share

40c

Ohio

Combined

When

Per
Name of Copipany

49

10-11

37V2c

—

7-16

^.

Holdert

Payable of Rec.

20c

(quar.)__
(s-a)

2

8-2

15c

—

—

(quar.)

preferred

Insurance

Southern

&

Quarterly

1

Inc.

6%

Life

8-

?Si/4£

(increased quar.)

Corp.

tate
•ay.

I-

Mutual

8-

12/ac
50c

(quar.)

Petroleum

I

7-

,7-15";

i5c;

wu«.)__
Inc., (quar.)___

Share

System,

7t15

7-26.

i

When

Per
Name

Columoia

Canada, Ltd.

er-Ellis of

Holdert

When

Payablq of Re0.

Share

of Company

Ume

(97)

25c

$1.37%
$1.37%

7-20

7-12
11-1
2-

1-55

7-

5

6

6-22
10-20
1-20

(•*»

50

6-30

8-

2

7-15

8-

1

7-20

50c

Co.,

J.)

(H.

7-15
7-15

7-

7-31

30c

7-26

7-

5c
35c

(R.)

9

45c

7-10

6-25

53'Ac

8-13

7-23

Hot

4%

6-30

8-12

7-23

International

7%-

1

7-16

$1.75

11-

1

10-22

15c

7-15

7-

1

45c

7-15

6-30

60c

8-

8-

2

5%'

$1.25

7-15

6-30

5%

31'Ac

7-15

6-30

t25c

7-15

6-15

QU

IV2C

7-15

6-30

15C

9-10

8-13

(quar.)

5

2nd preferred

non-cumul.

$$1

8-13

7-15

6-15

7-15

6-15

preferred (quar.)
preferred ($25 par)
(quar.)
*
Lowney (Walter M.) Co., Ltd. (quar.)———
Lynch Carrier System (initial)—
Lyon Metal Products, common (quar.)
5%
preferred
(quar.)—
5%
preferred
(quar.)

$40c

—

9-13

$20c
$10c

common

7-15

6-15

MacAndrews

preferred <quar.)_
Macy, (R. H.) & Co., 4'A%
4%/ preferred B (quar.)

933Ac

7-15

6-30

$1

7-15

6-30

$1.10

:

7-15

6-30

—

&

Forbes,

$1.25

12-30

12-17

$25c

2

6-30

8-

2

7-16

15c

(quar.)—_—,

8-

15c

(s-a)

8-

2

7-16

8-

2

$3

9-

1

-A

2

7-

(quar.)—:

common

(quan)

———

•—

53'Ac
•

(quar.)——————---.—
(quar.)_

.55'Ac

•

;

8-

2

7-

9

2

7-

9

88-

/_583Ac

7-

2

,.r

Mansfield, Tire & Rubber Co.
Manufacturers Trust Co.

r—;

m%

$37'Ac

'10h

2

j

f

7-

2

1

preferred

9-20

7- 2

(quar.)

7-

H

f

1

Valley R. R.

Muller

Maxson

7-15

6-13

7-15

preferred

preferred

McCall

50c

7-15

6-15

$1

7-15

6-30

10c

—

—

7-15

6-25

8-

t$1.75

4%?

7-

2

G

McQuay-Norris

7-15

6-15

Mead Johnson &

7-15

6-11

Metal

common——

35c:

9-

1

8-11

Michigan Gas &

preferred (quar.)—
$1.40 preferred (quar.)—
Interstate Department Stores (quar.)——
Intertype Corp. (quar.)—
Investment Foundation, Ltd., common (s-a)

35c

8-

2

7-14

11-1

10-13

2

6-24

Co., Ltd.,

(quar.)-

com.

.;

:

Utilities

Corp.,

4%

._

$1.40

—

—

convertible

preferred

Investors Funding
6%

$4.36

preferred

Irourite,

Inc..

I T E Circuit
New

Breaker

4.60%?

4%?

Power

preferred

Jewel

pfd.

3%%

Ranch

7-

1

pfd.

8-

133AC

(quar.)——

1

7-30

7-

1

8-

1

8-

2

7-19

Monroe

5c

8-

1

7-20

5'/2%>

5c

.

11-

1

10-20

6%

Joslyn Mfg. & Supply, com.
4Vx% preferred (s-a)

pfd.

(quar.)

$1.50

—

.

7-

9

7-15

7-

1

$3.85

50c
.

8-

2

6-

1

2

6-

1

$4.20

Quarterly
City Power & Light Co.
3.80%?
preferred (quar.)
1—
4%
preferred (quar.)—_—
4.20%?
preferred (quar.)
4.50% preferred (quar.)
Kansas City Southern Ry.—
4% non-cum. pfd.
(nuar.)
—

$20c

—

7-15

6-22

9-

8-13

$1
$1.05

___.

Kansas-Nebraska

Natural

Gas,

.

——

$1.12'A

9-

9-

9-

1

1

8-13

1

1

8-13
8-13

(quar.)

50c

7-15

6-30

28c

7-12

6-21

Kellogg Co.—
3%a %

preferred

(quar.)

3'A%

preferred

(quar.)—

—

—

87y2c

Keyes Fibre Co., $3 class A (quar.)—
Keystone Custodian Funds—
Series
B-3
(low-priced bond fund)
from

net

from

net

Series

B-4
from

9c

investment

income

75c

investment

special of 41c
(Walter) &

from

KIdde

Co.

income

!
and

(quar.)__

Superior & Ishpeming RR. Co. (quar.)
Lakeside Laboratories, $1.16 pfd.
(quar.)

preferred
Co.

(quar.)

Lambert

(Alfred),

class

A

Machine

Lees

(James)

4'A%

8-

3
2

7-31

7-29
7-

9

6-30

8-

2

2

7-23

7-10

6-25

10-11

9-24

1-10-55

12-24

35c

.7-15

29c

7-31
10-3)

7-

1

7-21
10-21

7-10

6-18

9-30

9-15

9-30

9-15

(quar.)

12-31

12-15

12-31

12-15

9-10

8-27

10-

1

9-17

25c

Inc.

8-15

8-

5

25c

(quar.)

Airlines,

11-15

11-

3

Corp.,

3.85%

pfd. (quar.U_

Co. (quar.)—
com.

(quar.)




(quar.)

^—

7-

7-31

7-20

7-28

7-

2

Philippine
Payable

9

Piedmont

5

preferred

3.90%

preferred

Long
in

1

7-

9-20

8-

2

7-15

Pioneer

Finance

8-

2

6-30

Pioneer

Gold

8-

Piper

Northern

&

Pillsbury Mills. Inc.,

2

7-16

9-15

8-14

12-15

11-18

7-15

7-

9-

8-26

Pitts.,

8-10

div.)

(quar.)

common

(N.

Coal

Gas

Y,)

8-

1

7-12

Portable

Electric

Portland

Gas

(quar.)

Welding Machine

(quar.)

—

—

Co.

(quar.)

Ltd., class A

National

Lead

pfd. B

National

Linen

4.70%

(quar.)

Oil,

8-

1

7-15

Preston

8-

2

6%

1

1st

East

8-31

8-10

8-10

7-15

6-30

7-15

6-30

4'A %

1

Public Service

7-15

6-30

7-15

8-

2

7-15

5%

8-15

7-15

7-15

7-

7-15

7-15

6-25

8-

7-

9-30

9-25

12-30

12-25

7-31

7-19

8-

2

8-23

10-30

.

6-11

10-20

7-15

6

9

Quaker

Oats,

Mining

33A%>
4%

5%-

Reliance

3

6-21

6-21

7-

5

6-21

25c

7-15

7-

15c

7-15

6-30

National Theatres,

Inc.

35c

(increased)

New

7-

New Dickenson Mines, Ltd.—

Co.

20c

1

2

7-30

7-15

8-

6-15

7-

8

30c

Tel.

Ges

(quar.)

Ltd.

&
—

Electric

8-

15c

7-15

$5c

(quar.)

-

common

00

2

6-24
7-

1

(quar.)
—

<N

(quar.)'

'

5%

&

Engineering

Corp. of
(Canada)

preferred

Reliable

N.

Y.

(increased)!

7-15

Resistance

Welder

Resistoflex

Corp.

Racing

9-lt. J

10-1

9-15

2%c

1-2-55

124$

8- 2

7- 6

$1.06
$1.06'A
$1.50
25c
40c

30c
30c
$2.50

25c
$1
$1
4c

-

1

9-10

8-15

7-26

10-

7-26

8-15
8-15

7-26

8-16

7-15

2

7- 5

7-26

7-10

'

8-

9-10

10-

1

10-

1

9-10

9-

1

8-13

8-

2

7-15

7-15

6-21

2

7-12

7-30

7-16

81

1

9-10

1-2-55

12-10

10-

1

9-10

1-2-55

12-10

10-

7- 8

7-29

7-29

7- 8

7-12

7- 1

8-

2

7- 6

8-

1

7-15

8-

1

7-15

7-15

6-15
7- 6

7-20

1

7-15

7-

7-15

7- 5

6-30

7-31

11'Ac
$2.50

7-15

7- 1

7-20

7- 9

7-

6-10

6

7-15

6-21

7-15

6-30

7-15

6-30
6-30

7-20
7-20

6-30

1

6-30

8-

7-15

7- 5

7-15

7- 5

7-15

6-30

90c
$1.17'/2

8-

1

7-12

8-

1

7-12
6-18

7-15

7-15

6-13

11-15

10-30

$4c
$1
$2
$1.25
40c
$1.06'A
$1.05
$1.12'/2

7-15

6-28

2

7-14

7-15

6-25

7-15

7-5,

8-

8-

2

7-15

9-

1

8-13

9-

1

8-13

9-

1

8-13
6-22

7-20

$1.50
35c

7-20

75c
933Ac

9-13

8-

10-

6-22
7-

9

2

9- 1
9-

1

1

8-12

7-15

8

6-17

7-

8-

3

6-29
6-16

$1.25
50c
20c
$10c
$25c
40c
$27c

8-

3

7-14

$1.12'/2
10c
5%?

Corp._!

(stock

dividend)

Association

15c

(quar.)

7-10

7-21

7-31
8-

6-30
7-15

3

7-31

7-15

7-31
7-

10-

6-29

6

1

7-15
8-16
7-15

7-15
1

.

9-15
6-25
2

8-

(i-15
7-1

7-15
9-15

37'/2c

8-

7%

1st

preferred

(quar.)

$1.75

10-

7%

2nd preferred

(quar.)

$1.75

10-

1

9-,15

2

7-20

30c
933Ac

88-

2

Rice-Stix,

Rich's

Inc.,

Inc.,

33A%

(reduced

common

common

preferred

1

50c

Brand

Antelope Copper Mines,

Co.

Rice

?

1

(quar.)

River

American

1

(quar.)

7-

6-22

(quar.)

common

(quar.)__

Stores

Rike-Kumler

2

Co

Corp. (quar.)
Renold Coventry, Ltd., class A (quar.)_
Republic Steel Corp.. com./(quar.)

Revere

/

20c

(increased)

6-30

Association—

25c

7- 9

7-30

50c
50c
20c

(quar.i

Roari

1

-

(quar.)

com.

Electric

12-

5

(quar.)

(Mass.), com
preferred (quar.)

1-2-55

5

$37y2c

Co

Co.

Reitman's

7-

—

6-30

7-26

35c

Reinsurance

7-

com.

Corp.

3

$1.12'A

Colorado,

(quar.)__

2nd preferred

Reda Pump
Reece

6-30

common—

;

6-30

7-15

1

6-30

7-10 V

2c

(quar.)

preferred
Co.,

9-

7-12

(quar.)

of

Ralston Purina Co.,

Reading

■

$$1.50
$75c

(quar.)

com

Quincy

,

(

7-10
-

Ltd.

(quar.)

preferred

Products

Ltd.

(quar.)

common—.

Co.

6%

'"

25c

(initial)

(quar.)—

(quar.)
partic. preferred

preferred

1

10-

2

(quar.)

B

com.

preferred

preferred

4'/2%

8-

(quar.)„

new

3.60%?

(quar.)—.

4.20%

2

20c

Nat'l Manufacturers & Stores Corp.
National Shares Corp. (quar.)

■

'

25c

preferred

8-

$5c

6-18

$1.25

t

Mines, Ltd. (s-a)
Price Bros. & Co., Ltd., com
Procter & Gamble, 8%> pfd. (quar.)
Prosperity Co., 5% preferred (quar.)

8-31

$1.50

(quar.)

(quar.)

com.

preferred

non-cum.

lc

5C

6-18

7-15

8-13

$1.50
$1
15c
65c
6'Ac
17'/2c

Dome

25C

6-18

7-15

7 lOr.I

$1.75

common

of Canada

Pratt-Hewitt

(quar. )_r_:

preferred (quar.)—

Car,

preferred

7-15

$1.25

Service Corp.,

Inc.,

Elec.,

7-16

$5c

Co., 6%

General

1

2

6- 4

6-28

Columbia,

(quar.)

6

25c

National Hosiery Mills,
Class A (quar.)

British

(quar.)

Light,

preferred

8-

2%

Corp.

Gas

$5

Power Corp.

10c

—

of

Tools

8-

7-

9

7-15

2%c

,

(quar.)

Wire & Cable Corp.
(quar.)_
Plymouth Cordage Co., common (quar.)
Employees' stock (quar.)—1__

6

55c

(quar.)—

(quar.)

pfd.

Plastic

7-

7-12

75c

(s-ai—

7-

7-15

>;

$12V2c

1

15c

(quar.)

-

•

Co.—

(quar.)

8-

50c

(quar.)

Telephone

Ry.

$4

Mines

7-27

58c

(stock

7- 1

currency

Corp., 4'/2%- pfd. (quar.)
Chicago & St. Louis RR. (s-a)

Cinn.,

37'Ac

Inc.

7- 6

7- 1

7-15

75c
$1
97'/2c

Pittsburgh, Ft. Wayne & Chicago Co.—
7%
preferred (quar.)
Pittsburgh & Lake Erie R. R. Co. (quar.)

1

56'AC

(quar.)

7- 6

30c
$1
25c
55c
$1.18,%
$1.12'/2
$1.10

(quar.)

(interim)

6c

pfd.

6

7-26
7-15

(quar.)

Aircraft

$1.65

(quar.)

7- 2

(resumed)

com.

Distance

1

2c

(quar.)

Inc.

preferred

Ltd.,

Philippine

8-

37'Ac

common

7-15

(quar.)

$1

(quar.)

7-15

8-16
8- -2

(quar.)

10-

5c

Frjtdnnd

Morris & Co.,

4%

6%

dividend

Common

7-15

Philip

12'Ac

Quarterly

New

6-30

97'Ac

7-15

1

8-17

7-31

2

7-

1

7-15

1

8-

7-20

preferred
Philadelphia & Trenton RR.

9-

—

8-16

(resumed)__

com.

participating

$183Ac

Department Stores

Brunswick

Transportation Co.,

$1

3

Company

Steel

(quar)

9-

96'Ac

2

9-

Phila.

(quar.)

preferred

1

Natomas

7-15

6-30

preferred

10-

7-17

8-

7-15

6

2nd

t$1.75

6

30c

2

7-

2nd

(quar.)

(quar.)

7-14

$1.12'/2
$1.12'/2
$1
$1

(quar.)

Potomac Edison Co.,

8-

$1.12'A

8-

$4

Portland

8-

9

7-15

3

Ltd.

(increased quar.)

Co.

preferred

9-

1

7-20

2

1st

1

9-

30c

8-

$4.50

10-

20c

& Sons,

6-15

7-22

t$1.75

City Bank

$1.40

2
2

3

National

Starch

6-15

8-

3

Co..

National Electric

Cement

7

Register Co.

preferred

Permanente

8-

7-15

(quar.)

Philadelphia Dairy Products Co.
$4.50 1st preferred (quar.)

9-

National

National

6-21

9r

Cash

5

2

6-

National

National

8-

50c

—

—

7-14

1

15c

—

1

$20c

Co.—

(quar.)

1

35c
$1.25

(quar.)

1

Straus-Duparquet,
Biscuit

5%

7-20

1

7-15

8-

;

Co.__

10-

Inc.,

National

preferred

Cola

Pepsi

2

9-

(quar.)

Peoples Gas, Light & Coke

3

10-

Co.

Fuel

9

8-

1

7-30

8-

32'/2c
$75c
$$1.50

(s-a)

$25c

& Co.,

National

4%• %<

8-

Co.

t25c

preferred

National

6-30

9-

40c

(quar.)

7-31

(quar.)

—

common

$1.05
common

9-15

'35c
45c
25c
33C

(quar.)

$1.50

com.

States Tel. & Tel. Co.

Stock

7-20

96y4C

I

National

8-

Traffic

Pittsfield

(quar.)
(quar.)

6-30

9-30

•

Pennsylvania Glass Sand Corp., com. (quar.)
5%
preferred (quar.)
Pennsylvania Power, 4.24%
pfd. (quar.)

5C

(quar.)

&
Co.
(quar.)
& Co., Ltd.—

System.

7-10

343Ac

preferred
(quar.)
Narragansett Electric, 4V2%

7-15

8-

10c

6 2'Ac

—

preferred

$1.75

35c

(quar.)

(quar.)
Co.

Lehigh Valley R. R.
Lerner Stores

8-

$15c

com.

Record Candy Shops,

Leece-Nevllle

6-21

2

$15c

:

Sessions Co.,

Quarterly
Laura

6-30

8-

$15c

B

preferred

$2.50

7-15

$15c

(quar.)

(quar.)
Class A (quar.)
Class B (quar.)

Land is

50c

37'Ac

Inc.,

class A

Extra

Nathan

29c

< auar.)

Lambert

Diablo

Penn

8-13

Ltd.

preferred (quar.)
4%?
preferred
(quar.)
Motorola, Inc. (quar.)
Mount

8-13

1

7-25

$75c

3.90%

4.64%

10c

!-

Lake

&

6-30

IOC

__

Quarterly

Lain son

7-15

50c

University

Quarterly

Class

55C

50c

(quar.)—_

81.16

9

1

9-

$1.25

(quar.)

6%

$1

(quar.)—

Extension

Salle

7-

a

gains)

King-Seeley Corp. (quar.)—
Kroger Com nan v, 7'?
2nd pfd.
Kuppenheimer (B.) Co. (s-a)
Ha

1

9-

Ltd.,

preferred

20c

—

<quar.)

preferred B

Mutual

100%

pfd.

12-15

8-

fund)

(quar.)-.

Kimberly-Clark Corp., 4%'

1-3-55

10c

dividend

Stock

9-15

50c

realized

net

1

6%?

Penman's,

(quad-;)__„

7%>

(John)

8-13

RR.—

common

A

(Philip)

1

25c

(quar.)

preferred

preferred

Morris

9-

50c

(quar.)_

6-30

7-30

(quar.)

15c

(quar.)_

(quar.)—

(Henry)

8-13

33'A %

iquar.l.

7%?

Mountain

and

gains)——
(low-priced com. stock

10-

45c

realized

net

87y2c

Co.,

redeemable

Morgan

1

Co.

Ltd..

Corp.,

9-

2

7-30

-—

common

(quar.)

$1.06'A

(quar.)

4%

Morrell
—

com.

Co.

preferred

Montgomery Ward & Co.,
Moore

95c

Power

preferred

$75c

preferred

preferred

$6

Kansas
•

Paper

Society,

Chemical

Montana

8-

$1.30

15c
—

preference series C

$2.25

(quar.):

6-29

6c

(quar.)—

Ltd.

preferred

Monsanto

Publishing Co. of Ottawa, Ltd.—

Journal

Loan

7-12

8-

9-21

1

7-15

(quar.)

15c

(accum.)

(Robert),
Quarterly

93:%c

(quar.)

(quar.)—

Quarterly
Joplin Water Works Co.,

preferred A

preferred

10c

4*A%>

Mitchell

$1

pfd.

Royalty

&

7%

$1.32

$1.22'A
—

(quar.)—^

Mfg.. Co., class A

Missouri-Kansos-Texas
7-15

2

preferred

$4

Mississippi Shipping (quar.)
Mississippi Valley Bargfe Lines Co.

Light—

8-

$1.10

—

57'Ac

(initial quar.)

&

Co.

Mississippi Glass Co.. 4%

7-16

5

Co.

(monthly)

Ontario

8-

2c

(quar.)—.

&

$1

1

1

9-

7-10

7-30

(quar.)-___

Co.,

6

20c

10-

8-16

—:

8-

7-

6-30

8-16

preferred (quar.-)—

Telephone

1

IOC

preferred

Minnesota

7-15

$1.09

—

(quar.)

Miller

7-15

1

convertible

9-

2

6-30

7-15

8-16

*

Parke, Davis 8i Co.

25c

(quar.)
(increased quar.)

preferred (quar.)
Minneapolis & St. Louis Ry. Co. (stock div.)

8-

1

60C

common

Electric

Rhoacls,

5%

V

6-30

7-

2

8-

6-30

7-15

r

50c

-

.

A__

convertible preferred

$$1

(quar.)

(s-a)

Corp.

Abrasive

•>

4.25%-

Ltd.
(quar.)

Co.,

Miller

7-10

$1.05

(quar.)

(quar.)

Co..

Tea

Johnson

9-15

6-21

7-26

6-30

7-15

(2nd partial prorated payment):13c
pfd- (2nd partial prorated-payment)!--— 54V?cTelephone & Telegraph Co.—
J 6%
preferred (quar.)
$1.50
Packard-Bell Co.
(quar.)
•
25c
Pantex Mfg. Corp., com.
(stock dividend)—
-5%
Park CJiemical. Cp., com.
(quar.)
—^
7'/2c

6-21

$3

6-30

7-15

5%

7-

••

7- 9

Pacific

7-15

6

3

7-20

-

1

6-30

8-

Common

-

7-15
12-

30c

.

Co.

&

Laboratories

-

7-25

7-

A

'

Pacific Power &"Llght Co.—

6-30

7-15

12^15

(quar.)

85c

(quar.)

Miles

6-30

Ltd.—

Mines,

preferred

Mid-West

Co.

preferred

Central

Jersey

10-15

7'Ac

$4.22

conv.

6-15

Y.—

(quar.)—

55c

1

9-15

7-15

$75c

(quar.)____—_.

(quar.)——_—1

preferred

Iowa-Illinois Gas & Elec.,

9-

9-15

10-15

7-15
•8-1

7-22

2

25c

preferred, (quar..)

933Ac

_

4.90%

35c

preferred

$4.40

45c

(quar.)

Michigan Steel Tube Products Co

$75c

—

(quar.)

of N.

Corp.

8-

$75c

—

preference

62'AC

$4.50

8%

_

4.40%

'

35c

————.

series)

Co., com.

preferred

Forming

9

6-15

7-

933Ac

Oil Co.,

Mfg.

25c

Telephone & Telegraph Corp.-—

..!■

7-15

7-20

7- 3

8-

Corp

(quar.)——

$1.06 »A

(quar.)——

com.

($2.50

common

Fiberglass

25c

(quar.)

Porcupine
G.)

'

1

6-21

23c

—

(quar.)-

(Arthur

of

Gas &r Electric Co. (quar.)
j.—
Lighting Corp., $4.75 pfd. .(quar.)—

Peninsular

(quar.)

preferred

Pacific
Pacific

7-15

•

(quar.)

(83'Ac

common

15c

(1947

McColl-Frontenac

Mclntyre

5c

1

"

.....

Ltd

$60c

Power

$50c

—

(s-a)_

(quar.)

Sugar.

Corp.

McKee

(quar.)

75c

-

7- 3

7-14

div.).
par) for
par) held

Brewing "Co.

'8-3

9

7-2

-

7-15

$1

7-14

(stock

Co.

Pabst

7-

7-

2

8-

9c
•

6-22

$25c

Pabco

•

6-22

1

(quar.)

com.

7-14

56 'Ac

6-30

1

8-

$$1.75
62'/2c

Ltd.,

Paper Co. (increased quar.)——_—_
Products, Inc., 4% preferred (quar.)~

-

6-22

50c

Oxford

7-31

7-21

25c

6-30

•

1

$1.12'/2

8-16

$$1.25

7-12

8-

20c
10c

7-15
'

2

8-

r

5%

(stock dividend)

Stores,

$3.40

6-30

interest)

share

each

6

8-

59%c

8-25

Owens-Corning

7-15

7-

30c
61'Ac

40c

$20c

Co.——

(W. L.) Corp.

$3.75

6-13

7-15

6-30

7-15

8-10

$$1.75

—:—

common

Mfg.

&

of

shares

8-12

32'/2c
$37c
75c
20c
90c
$1.02'/2
$1.20
$1.02
50c

Co

Marine

7-15

$1.12
$1.06'A

(quar.)

preferred
Elevator

Two

(quarterly

and

Co.

Corp.

Candy

preferred

7%

6-30

2

20c

133Ac

15c

Chemical

Ontario

$17'Ac

convertible preferred

McBryde

(quar.)

com.

7

(quar.)—

Trust,

entirely paid out of divs.
Mathieson

62'Ac

Milling Co., 4% pfd. (quar.)
Mining Corp. (resumed)——
Nickel Co. of Canada,
Ltd.—

7-

(semi-annual)-—---

Investors

$3.75

$37'Ac

2

-

(quari)_-

May Department

—

8-

Corp

Massachusetts

Maud

CO

Gas

&

7% -preferred

Massawippi

(quar.)

Co.,

Harvester

'Oil

4'A%

America

Outboard

$31'Ac"

Holdings Ltd., 5%. partic. pfd. (quar.)

Martin-Parry

12c

North

7

■-

Marine Midland Corp.—
*
Maritime Tel & Tel Co., Ltd., com.

7-15

30c

7-

-$30c

8-25

10-

$1.20

2

—25c

(s-a)'

Mar-Tex

9-10

27'Ac

(initial)

8-

9

8-21

■

„

37'Ac

Otis

J

7- 2"

1

125c" """8-

----- -

4%" pfdTTquar.T

6-30

-

(quar.)——

5-3

7:23

/

6-30

;

*7- 9

•,

10-15

(quar.)„

(N. Y.)

Mafcle Leaf Gaidens, Ltd.

:

M R A

.9%

1

7-15

55c

Co.,

B

7-15

Stores,

.

"

•

11-

8-

40c

(quar.)
Steel Products,

Class

$1.50

preferred

;

9

7-

2

62 >/2C

———

9

8-

V 51c

(quar.)

7-15

—

8- 4

8-

55c

R.- R.—

(s-a)—i

Drug

1

■

7-16

55c

com. (increased quar.)
(quar.)—
Madison Square Garden Corp
Mailman Corp., Ltd.. 5%> pfd. (quar.)——— Malldr^ (P. R.), 4'/2%-preferred (quar.)
Manhattan Bond Fund, Inc
Manischefvltz 4B.) & Go. (annual) ^i——•

Mading

7-15

9-1

$1.25

(quar.)
Oliver Corp., 4'/2%
conv. pfd. (quar.)
Oliver United Filters Inc., class A (quar.)—

$1.06'A

—

9-10

40c preferred

Corp.,

Town

50C

(quar.)

75c
25c
50c
30c
$3.50
;

.

4.92%

$1

pfd. A

Gas

Natural

Okla

8-

,

7-10

$2

-

'

pfd. (quar.)_^

Ltd., 7%

Ogilvie Flour Mills,
Co

9-14

Oilgear

62'/2C

(quar.)

common

6%

9-17

convertible

$1

preferred B (quar.)
4%%? preferred A (quar.)
Oklahoma Gas & Electric Co., 4% pfd. (quar.)

International

6%

2

8-

International

6%

7-

25c

9-30

of

International

1

7-22

(quar.)

Quarterly

8-

7-1

$1.25

preferred

25c

Baltimore Hotel—

7%

Bronze Powders, Ltd.—

International

2

1

participating

International

8-

5

—

International

1

8-

Quarterly of 9c from ordinary income and
21c from security profits)—
—
Institutional Income Fund, Inc. (9c from net
income
and
3c
from realized security

fi%

9-

8-

Products

Co.

25c

20c

1

Institutional Growth Fund—

profits)

9

$1.75

~vT-j

International

8

8-

(quar.)
7% non-cumul. 2nd preferred (quar.)
Louisville Gas & Electric (Ky.) com. (quar.)

Tobacco (Canada),

Insurance

7-

1

Lord

9

(quar.)

common

2

9-

7-

(quar.)———:—-—'
Indiana Telephone, 4.30%
preferred,'(quar.)
Indiahapolis Power & Light Co.—
New

8-

7-

(quar.)

Co.,

Steel

10c

38c

(s-a)

7-23

Ltd.-—'""
dep. receipts ord. (final)
—
Amer. dep. receipts ord. (stock dividend).
Imperial Life Assurance Co. (Canada) %;/

Indiana

preferred
Corp.

Candy

1

Anier.

Quarterly

12-22

2

Imperial 'Chemical Industries,

Imi»erial

1-2-55

2

preferred
preferred

4.70%

8-16

9-21

8-

preferred
preferred

4.42%

1

1

Corp.,

Co

Power

4.03%.

4.26%.

9-

$1

7-15

25c

1

10-

(Md.) class A (quar.1)
Long-Bell Lumber Co. (Mo.) (quar.)
Long Island Lighting (quar.)
.
Longines-Wittnauer Watch (quar.)

•

7-15
7-

8-

non-cumulative preferred

Illinois

7-15

$1

Long-Bell Lumber

5c

6%

2

(quar.)

Loft

25c

Hydro-Electric Securities Corp., pfd. B
Hydraulic Press Brick Co. (quar.)--

Illinois Central

8%

6-30

8%>

7-15

2

8-

8-

—

Brick

pfd.
(quar.)—

Co.,

Pipe

2-18

8-

50c

preferred

Illinois

3-10-55

11V4C

(quar.l

Joint

6-18

Huttig Sa,sh & Door Co.
.

50c

11-18

,

IOC

6-25

Preferred

8-18

12-10

10c

6-30

(quar.)
preferred (quar.)
—
Hudson Bay Mining & Smelting, Ltd. (quar.)
Hughes-Owens Co., Ltd. class A (quar.)

5%

2-18

1

7-15

preferred

preferred
preferred

$1.00 3-10-55
50C
9-10

50c

(quar.)

B

11-18

7-15

7-

7-15

4.40.%

6.40%

12-10

(quar.)

preferred

Class

8-16

8-18

50C

Holier4

-

37'Ac

Inc.

Household' Finance

3%%

1

9-10

$1.10

7-15

$75c

(quar.)—

Inc.

Shoppes,

1

9-

$1.10

2

7-15

8-16

9-

871/aC

12'Ac

Hollingshead

Border's,

8-31

35c

When

Payable of ReCt

$1.50
993Ac

—.—

preferred (quar.)
Newberry (J. J.) Co., 3%% pfd. (quar.)
Norfolk & Western Ry. Co., com. (quar.)—
4% adj. preferred (quar.)
North American Aviation Inc. (quar.)
North American Refractories Co. (quar.)—
North Carolina RR.. 7% guaranteed (s-a)__
Northern Central Ry. Co. (s-a)
Northern Illinois Gas Co., common—
5% preferred (quar.)
Northern Indiana Public Service—
4'/2%
preferred (quar.)
4'A% preferred (quar.)
Northern Ohio Telephone Co.
(quar.)
Northern Quebec Power Co., Ltd., com
Northern Pacific Ry. (quar.)
Northern States Power (Minn.) com. (quar.)
$3.60 preferred
(quar.)
$4.10 preferred
(quar.)
$4.80 preferred'(quar.)
$4.08 preferred (quar.)
1
—
Northwestern States Portland Cement (quar.)
q%

8-31

(quar.)
(quar.)
Special guaranteed (quar.)
Local Finance Corp., com.
(quar.)————

Lock

(R. M.) Corp. (quar.)—
Holly Sugar Corp., common (quar.)-4.
5%
preferred (quar.)
Holmes (D. H.) Co., Ltd. (quar.)
Home Insurance
Co.
(quar.)

9-11
9-11

10c

8-

50C

(quar.)

common

10-24.

7-10

25c

$1.25

(quar.)

7-24

1

—

Original (quar.)
Original (quar.)
Special guaranteed
Special guaranteed

9

7-

———

—

Co.,

&

A

7-

7-31

1

50c

preferred

25c

A

Quarterly
Class

7-31

933Ac

Hershey Chocolate Corp., 4'A%» pfd. A (qu^r.)
Higbee Co., common (quar.)
5%
preferred (quar.)
Hines
(Edward)
Lumber Co.
(quar.)
Hiram Walker-Gooderham & Worts, Ltd.—
Hoe

2

7-15

2

8-

/

5

8-

11-

37»/2C

(quar.)
(quar.)
—
Liquid Carbonic Corp., com. (quar.)
3'A % preferred (quar.)
Little Miami RR. Original (quar.)

6-30

(quar.)J

common

7-5

12'Ac

—

Shipbuilding Corp.—
New common (initial)Newark Telephone (Ohio)—

New York

50c
:

Lincoln Service Corp., common
$1.50

preferred B,

Heinz

6-30

7-15

37'/2C

Per

8-16

9-15

40c

50c

Quarterly
1

*

Share

Name of Company

Payable of Rec.

Share

;

Quarterly

15c

(quar.)
—-;
D. E (quar.)
Haydock Fund (quar.)
Hayes Industries, Inc. (qdar.)
Hayes Mfg. Co. (reduced)
Hecht Co., com. (reduced) —
3%%
preferred (quar.)
—

I

Leslie Salt Co. (quar.)
/ Lincoln Nat'l Life Insur. Co. (Fort Wayne)—

25c

preferred C

4»A%

7-16

68%c

$12'/2c

Harrisburg Hotel Co.
—Hartford Electric Light Co. (quar.)——
(J. P.) Co., Ltd., class A (quar.)_
Havana Lithographing Co.—
<6% conv. pfd. (quar.)
—.
Hawaiian Electric Co., Ltd.—

Hartz

Name of Company

Monday, July 5,1954

...

Holders

When

Per

Payable of Rec.

Share

'

of Company

Holder1

When

Per
Name

5%

and Financial Chronicle

The Commercial

(98)

Mills

shares

(quar.)

(interim)

7-15

28c

8-2

7y2d

7-13

Ltd.—

7-20

6-30

7-12
6-

8

r

Number 5339

180

Volume

The Commercial and Financial Chronicle

. . .

.

r.lio'Stpreferred

Corp.-

Roll-Eoyce,

7- 3

8-13

1

8-13

1

8-13

$1.183/4

9-

1

8-13

7-15

0-30

i2y2%

7-22

6-

7-27

8-

3

7-

1

5c

8-

3

7-

1

Royal

■7- 9

6-30

7-30

7-30

7-30
6-30

6-lw

7-26

7-

7-15

7- 2

7- 6
7- 6

7- 1
7- 1
6- 4
4

6-28
6-18

6-18

r

6-18
j>

i

9-15

9-

1

dividend

Stock

7-30

Co.

9-10

(N.)

Slater

7-26

of

Ltd.,

Co.,

7-26

Common

7- 5

9-10

Trane

Trans-Caribbean

7-15

22*'2C

7-15

$2

Extra

9-10

Solar

8-13

6-30

South

6-21

8-20

7-15

7-

25c

8-10

25c

7-15

7-

1

25c

7-15

7-

6

27'/2c

8-2

7-20

1

7-12

i

7-16

Extra

208

:

Caiif.

4.48%

7-16

Union

91 Vic

9-

1

8-13

$4.50

preferred

91V4C

9-

1

8-13

$4

$1.07 %

9-

1

8-13

$3.70

6-28

7-10

53c

12-10

$3.50

6-17

United

Southern Canada

12-10

6%

7- 8

United Bond &

3

United

7-

3

6-30

8-

2

7-

1

8-

2

7-

1

7- 6

Colorado

4.80%

5%

6-15

7-

2

7-13

t20c

7-28

6-28

+15c

8-

Nevada

7-1

6-30

8-

7-

1

United

10c

___.

ptd.

3,90%

7- 9

Co.

7-

(quar.)

8-

3

50c

U.

S.

37MsC

7-15

6-30

U.

S.

United

8-

1

7-15

United

8-

2

7-15

$4.20

45c

7-15

6-19

Universal

62M.C

9-15

8-13

8-

6-18

(quar).

10c

Class

Van

8-13

Van

92y2c

8-

2

7-20

97V'2C

8-

2

7-20

$1.03 3)4

8-

2

7-20

Ventures,

$1.06 Vi

8-

2

7-20

Victoria

$1.10

8-

2

7-20

$1.15

8-

2

7-20

Virginian

25c

10-

1

9-15

Vulcan

25c

12-15

(quar.)

Cement" additional,"!"
Tobacco

Insurance

of

(quar.)
Home Products,

9- 1

1

A

6-17

«5tSn

6-15

7-15
9-15
9-15

7-20
7-20

6-39

(extra),:

Stuart

&

Textiles,

Puller

RR.

Co.,

&

Co.

(quar.)

12 V2c

Preference

«eet8 Co.
Co.

7-12

4

6-18

6-25

20c

8-20

8-10

15CI

7-

9

6-18

tl5c

7-

9

6-10

+

8-

Ltd.

& Co

5%

Co.,

&

Steel

Bros.

$4.25

preferred

Wellman

Chemical

7-10

8-

15c

8-

1

2

7-10

7-15

9-30
12-31
2

25c

8-

9-10

9-15
127-

5
7

8-27

West

1

9-14

30c

9-10

8-27

9-30

56c

10-

8-

9-15

2

7-

1

1

(quar!
"
-__-_!!!!!!!!!!!!!

25c

8-

2

7-20

20c

7-15

(quar!!!!!!!!!

12»/2C

6-

1

7-15

8-

2

$1

8-

2

7-15

$1

__

(quar.)

Western

8-31

7-31

the
'

1

The

7-13

(accum.)
(reduced)

62yac

11-

1

10-15

(quar.)_

1

7-15

9-10

6-11

be

7-16

6-16

25c

$1.12 y2

7-12

RR.

6-18

7-14

7-

2

8-

2

7-

2

8-

2

7-

2

7-15

5%

7-

7

6-14

7-

7

8-

2

6-30

8-

2

Class

B

8-

7-20

had

7-10

Union
Co.

Stock

7-20

7-

6

Wisconsin

40c

7-15

6-24

+$1.25

7-15

6-24

3

7-12

50c

10-

1

9-

1

1-2-55

12-

1

50c
20c
27c

8-

2

9-15

7-15
9-

1

(quar.)

Woods Mfg.

pfd.

B

Worcester

4.44%

Wrigley

6-21

7-15

6-18

17 Vic

7-15

$1.50

8-16
8-

2

31/8%,

G,

3V8%,

H,
J,

Series

K,

1

of

8-

2

7-12

8-2

County

(Wm, Jr.)

31,

May

an

rural

in

3 '/a %

Gas

Ltd.

4.32%

4.16%
Common
♦

7-15

7-1

8-17

8-

maturing

amount

The

bonds

2

6

1,
1,

Jan.

4%

(quar.)

(quar.)

(stock div.)

1982—
1984—

:

Nov.

25,000,000

t

3,000,000

570,000
150,000
800,000
600,000
5,000,000

and
is

ol

bonds

of

of

deed

unlimited

issuable

under

the

shs.
shs.
shs,
shs.

150,000
800,000
600,000
4,251,060

shs.
shs.
shs.
shs.

indenture

company's

of

trust dated Sept. 1, 1939, as supplemented and
and, subject to the terms thereof, additional

series may be issued.

any

UNDERWRITERS

through

(par

Blyth

—

Co.,

&

The

several

named

underwriters

as' representative,

Inc.,

below,

acting

have entered into an
they have severally
from tne company at

6-25

9-15

8-31

agreed

9-

1

8-20

8-

2

7-16

7-

8

6-28

35c

7-

8

6-28

7-20

7-10

8-20

7-30

25c

8-26

7-26

7-15

7-

7-31

$25

8-

1

2

7-15

8-10

7-23

8-10

7-23

7-15

7-

45c

3c

9-

1

7-23

8-13

8-

2

7-

Vic

8-

1

7-15

$ 1.12 y2

7-15

6-18

6-18

7-15

6-18

7-15

6-15

$35c

7-15

6-15

8-

7-15

2

8-16

8-

2

11-15

11-

1

2-15-55

2-

1

7-15

9-10

6-18

112 Vic

7-31

7-

9

7-

9

tl7Vic

7-31

stock

Shares
G.

Walker

H.

52,000
21,00o

Bacon,

The

21,000

Blunt

Boston

First

Glore,

Corp.—_

Goldman,
Harriman

Co.— -—

Ripley

&

Stroud
Collett

21,000

Merrill

Brothers--

Beane

—

Barney & Co.—---& Webster Securities

Stone

Corp.
Securities

Corp

A.

A.

Co

&

5,000

5,000

Co

&

Hughes

&

5,000

Co., Inc
F.

& Co

Smithers

S.

Sutro

&

Co

Richard

W.

H.

Hentz

&

Illinois

The

14,000
Wood, Struthers & Co.:—- 14,000
Tucker, Anthony & Co.--— 12,000

Irving

&

T

5,000

Co

5,000
5,000

_____

Clarke

2,500

Corp.

Co

2,500
2,500

Co.—

Mackall & Coe

2,500

——

Lundborg

&

Sweney Cartwright

2810.

p.

5,000

—

Cook

Schw'abacher

Trask & Co

179,

5,000

Shumaker,

&

Raffensperger,

14,000

Spencer

5,000

Co

&

Cohn

Inc.

16,000

Hutzler—

Son_„

&

5,000

Kidder

Newhard,

14,000
14,000
14,000
14,000

&

5,000

5,000
5,000

Corp

McCormick

Weld & Co. ——— 21,000
& Co
;
21,00o
G. Becker & Co. Inc
16,000

Bros.

M.

Kiser,

Witter

Hemphill, Noyes & Co
A. C. Allyn & Co., Inc,—
Central Republic Co. (Inc.)
W. C. Langley & Co.
F. S. Moseley & Co

5,000

Inc.-.

Co.,

Share

21,000

White,
Dean

9,000

Corp

Indianapolis Bond and

21,000

21,000
21,000

;

9,000

Inc

Hilliard

B.

J.

J.

Lynch, Pierce, Fen-

&

ner

Smith,

21,000

—

&

Co

Elworthy & Co.———_r_'
Farwell, Chapman & Co.__

i-eaoody & Co.—— 21,000

Lehman

Co.,

&

9,000
9,000

Co

Simmons—

&

City Securities

Co.,

Inc.

Kiuuer,

Ellis

12,000

Co

&

Milwaukee

The

21,000
Sachs & Co._— 21,000
&

Forgan

&

Whipple

Co

2,500
2,500

& Co.—

6-25

1

7-15

10-

preferred

new

Eastman, Dillon & Co

9

7-15

the

purchase

share:

Blyth & Co., Inc

1

6-25

to

per

Shares

7-14

a registration statement with the
preferred stock, $100 par, to be
underwriting group headed by The
First Boston Corp.
and Kidder, Peabody & Co.
The dividend
public offering price and underwriting terms are to be supplied by
The

2

7-16

SEC

2

7-16

offered

8-

1

7-20

8-16

8-

2

2

7-

1

7-15

7-

1

7-15

7-10

8-20

7-30

$1.50

7-31

7-16

7-15

6-30

June

25

filed

75,000 shares of its
public sale through an

covering

for

amendment.

,

,

.

.

to redeem the company s pi eferred
estimated cost of $5,315,000, and
the balance for part payment pf short-term borrowings now amounting
to $4,500,000 which were incurred for interim financing of construc¬
tion and for other corporate purposes.
1954 construction expenditures
are
estimated at $12,858,000.—V. 179, p. 2373.
Net

stock

proceeds are to be used first
dividend series, at an

5.40%)

6-30

7-16

on

company

88-

8-

Hempslvire—Registers With
Commission—

Public Service Co. of New
Securities and Exchange

$1,433/4

—

Puget

Sound Power &

Net income

redeemable
share held)

(monthly)

Outstanding
$48,000,000
15,000,000
12,000,000
25,000,000

1954—-

1,

7-15

25c

6-23

OO

to

7-15

net

7-20

months

8-

2

Light Co.—Earnings

ended May 31, 1954

amounted to $4,126

-

share on the 2,177,879 shares of common stock
announced on June 28 by Frank McLauglilin.
represents an increase of 21.7% over the $3,391,550
year previous,
equal to $1.56 a sh^e. For the f e

equal to $1.89 a
outstanding, it was

9

President.

$1.11

for the 12 months

840,

7-

Electric

Co.

company

$11,979,819.

FINANCING

underwriting agreement with the company whereby

non-cum.

(quar.)

of

PRESENT

'

1975—
1977—
1979—

the

1954

Income

Authorized

1,

$100)
(par $25(
(par $25).
;
stock (without par value)—

mortgage

$15c

—

•„

notes:

amended,

20c

(quar.)

1959

areas.

30,

net

TO

%
Nov.

pfd. stock
series pfd. stock
series pfd. stock

6-25

7-15

due

April

and

EFFECT

Sept.

due

series

7-16

8-

GIVING

du»)

ended

$60,024,312

notes, maturing serially to Dec.
1961—
...
Cumulative preferred stock (par $100):

9

7-

$2

6%, pfd.

31,

electric

communities

of

3%%, due July 1,
3%%, due Jan. 1,

note,

7-31

25c

(sra)

May

1974.

treasury funds, will
cumulative preferred

7,

7-12

37y2c

stock for each

preferred

through

share

after

4%

8-13

35C

3%,

Unsecured

7-15

9-

6-18

15c

(quar.)

Stock

oversubscribed and

was

per

par

months

12

bonds:

F,

Series

7-23

v

25c

(quar.)

Yards

Co.. Ltd.,

share

mortgage

50c

—

(quar.).

Power,

Southern

(Alexander)

(One

7-15

10c

the

revenues

Series

$1

(quar.)

com.

(quar.)—

20c

8-

6-30

75c

(quar.)

Ltd., class A

common

Wisconsin Electric

25c

1

$1.25

Rubber

6

$26

to

is

company

Series

V.

—

preferred

Oil

at

unincorporated

operating

♦First

1

$1.25

(quar.)

7-

Wood

8-

60C

Paper Co.,

Corp.,

offering

proceeds, together with
outstanding shares of 4.90%

CAPITALIZATION

7-16
7-

Corp.—

(quar.)

7-20

+

5
2

$1.25

preferred A (quar.)

Wilcox

88-

$1.25

prior lien (quar.)
White Sewing Machine Corp.—

6%

$1.06 y4

$2

4%

prior

and

Salomon

Wheeling & Lake Erie RR.,

$2

'

i

downward

redeem

to

Series

10c

$50c

—

Telegraph Co.

20c

°f California (quar.)j

—

(quar.)

Whitehead Bros.

This

net

EARNINGS—For

6-30

Co.—

Stationery

Westminster

Trust.

■

towns

6-14

Co.

A

preferred

5%

(quar.)

—

&

Common

used

Union

(quar.)

A

Tablet

Western Union

Albany

public utility operating in
Indiana, serving 70 out of 92 counties in the state. At Dec. 31, 1953
the company supplied electric service to 337,381 customers in 724 cities,

6-24

25c

(quar.)
(quar.)
(quar.)—

Western

the

of

Indiana, Inc.—Preferred

of

redeemable

is

prices scaled

BUSINESS—The

$1.50

A
A

and

stock.

7-10

7-15

■

$1.02 Vi

(accum.)

8-16

2

8-

pfd.

preferred
preferred
preferred

Whiting
65c

4(4%

Securities

A

Pacific

oCrp., is clerk.
Springfield, • Mass.,

of

Co.

6-22

17

(quar.)

class

Co.

Service

PROCEEDS—The

7-14

—

(quar.)

(quar.)
Ltd., class

Insurance

$2.50
Western

Tool

Trust

—

stock

at

7-13

1

$1.25

(quar.)_^

Co.,

Grocers,

Service

Coolidge

!

books closed.

and

88-

$1.06 Vi

_T

(quar.)

pfd.

preferred

Western

5%

Power

preferred

preferred

4.10%

Wichita




7-15

Foundry

Steel

preferred

Penn

4.20%

5%

5

!

7-15

8-16

20c

6-30

7-

common (quar.)
(quar.)——

8- 5

$38c

$1.12'/a
i

6%

Co.,

1

prior

Gaston,

Blyth & Co. Inc. headed an underwriting
group which on June 30 offered 600,000 shares 4.16%
cumulative preferred stock at par ($25 per share) and

25c

(quar.)

Michigan

Service—

Co.,

8

7-23

(quar.)—

com.

$5 preferred

Kentucky Coal Co.

8-

;

(quar.)

(quar.)—

7%

$2

preferred

9-

3

Engineering Co

End

of

2200.

p.

Offered

62y2c

West

7-

(quar )

9-22
8-

2

25c

Washington Gas Light Co.,

West

(quar.)

—

West

15c

(quar.)_____„

8

$1

(quar.)

Weatherhead Co.,

Loring
Machine

Chambers

Beacon

37V2C

(quar.)

Co

preierred

the

Baush

the

the

50C

pfd.

7%

4

;

(s-a)

9-

155/aC

(quar.)

Co., common

$4.50

with

also
of

of

$20c

(quar.)

(quar.)

com.

Swasey

preferred

178,

is

Public

6-30

9-22

60c

(quar.)

Co.

8-

(s-a)_

com.

7-

7-15

—

&

firm

the

$15c

Trust

6-30

—

(quar.)
(quar.)

7-15

10c

5% preferred (quar.)
Railway Co., 6%
pfd.

7-15

4334 c

(quar.)

2

$1.25

(quar.)

8-14

__________

common

—V.

$2

(s-a)

Grey

with

trustee

7-2

(s-a)

(quar.)—

12V2c

Inc.

America, Inc

39!^conv.
^hn

6-25

2

7-15

15c

25c

Quarterly

6-8

of

7-10

93%c

(quar.)

Supertest Petroleum
Corp., Ltd.,
5"

&

6-25

common

preferred

USpecial°ld C°rP'

Swift

7-10

I"

preferred (quar.)
preferred

Oil Co.,

(quar.)—_

pfd.

America

of

Detinning Co.,

$1.40

(quar.!,.!.

-

n

12V'2c

$1.25

Suburban Propane Gas
Corp.—
i"'° conv- Pfd- (1952 series)
*.4/e

7-16

Clothier

Co.

Suburban Electric
2nd

7-23

$1.25

Ltd.

7-20

8-

Loring

Co.—

.

Warner

6

B.)

preferred

Corp.

&

Walker

7-

6

Corp.—

ubnitz Greene
Spring Corp.

li

11-JU

8-

50c

______

Prefei'red (quar.)

Strawbridge

6-29

7-1

&

stony Brook

if

12-10

U0c

(quar.)

Whatley Davin

»

8-31

tl5c

(quar.)

Preferred (quar.)

qtn'L

7-14
7-21

2

stern

convertible

+30c

;

Bros. Stores Inc.

Baer

,

6-29
6-18

9-15
6-25

&

<?tiv'£

7-15

7-15

preferred

q,
Stern

9-10

5%

(J.

Crucible

Vulcan

(s-a)

B

S(!rLC°«of c^nada

2

Vanadium

Warren

_

8-16

30c

$4

class A

Extra

1

J.—

preferred (quar.)

5%

6-22

7-15

N.

_

stecher-Traung Lithograph
5%

12-

Sciver

10c

div.)

A (s-a)_____

Stanley

8-13

Co., com.

7-15

class

8-13

6-30

(stock

trustee

40c

(irreg.)

pfd.

(quar.)

Camp Sea Food Co.

5%

IOC

Commercial

B

Co.

_____

Vinco Corp.,

'i

director

and

87'/2c

(quar.)

Corp.,

7-12

8-13

6-22

Co.

1

Stanley Brock, Ltd., class
Class

Upson
Valspar

and

lawyer

Jr.,

& Boyd,
has been elected a director to fill the vacancy
the death of his father, Caleb Loring, who died on Feb. 23.

by

3%

—

9-

.___

•

2

Extra

Loring,

Rice

Mr.

25c

(quar.)

2nd

conv.

Insurance

570,782

and

50c

non-cum.

717,220

582,671

7-20

25c

.__

preferred

$6

Universal Leaf Tobacco

preferred

Standfields, Ltd.,

7-15

(quar.)_

Stockyards Corp., common (quar.)__
convertible preferred
(quar.)
Stores,

3,604,622

886,954

628,922

7-20

35c

(quar.)

common

Smelting Refining & Mining Co.—
7%
preferred
(quar.)

6-30

3,724,670

997,535

457,306

7-20

S.

6-18

3,852,226

629,798

8-16

40c

5

7-15

3,021,536

8-16

$1.50

<quar.)__

5

7-15

108,777

income—_

8-16

20c

5

Corp.

142,492

138,515

179, p. 2476.

Snow

20c

common

7-

Shoe

245,819

163,686

railway——

oper.

Caleb

50c

(quar.)_

7-

70c

(quar.)

1

10c

7-

$1.20

(quar.)

8-13

31V2C

7-31

(quar.)

(quar.)

Fire

(quar.)

com.

7-31

7-15

preferred,

Portland

A

Plywood Corp.,

$759,287

278,9d9

Plymouth Cordage Co.—New Director Elected—

9-20

9-15

25c

7-31

(quar.)

preferred

(s-a)

28c

i7y2c

(quar.)

1

7-

$10c

Glass

t$1.50

—

6-25
7- 5

U. S.

$870,287/;:;

railway—

from
ry.

—V.

7-15

$2.50

common..

preferred

.

1951
$786,620

1952

161,488
121,162

income-—

from

Net

15c

Foreign Securities Corp.—
(interim)

2nd

railway

railway—

oper.

1953

6-30

10-

$10c

U.

(quar.)

(Trenton) (quar.)
Standard Holding Corp., class A
(quar.)
Class B (quar.)
Standard Milling Co
__J!_!_!!!—_
Standard Oil Co.
(Ohio), 33/4% pfd. A (quar.)
standard Products Co.
(increased)
standard Radio,
Ltd., class A (increased)
Class B (quar,).
Standard Silica Corp.
(quar. )!!!!!!!!!!—!"

7-14

S.

$6

1954
$652,195

accrued dividends.

Co., common & voting trust ctfs.
U. S. Hoffman Machinery Corp.—
4(4%
preferred (quar.)___

tuamonai

6-28

1

from

Gross

87y2C

Common

6-15

—

10-30

U.

6-15

20c

com.

(quar.)—_
Spokane International RR. Co.
Q'iarterlv

6-18

2

B

33c

Service,

4.60%;

6-18

6-30

Co.—

preferred

preferred

Standard

7-15

6-15

(initial)

4.25%

Standard

Foil Co.,

3

(quar.)__.

Electric

4.40%.

Spokane

S.

(quar.)

preferred

4.15%

U.

8-

8-16
11-15

7-15

1

(reduced)

8-10

7-15

preferred A

&

Co.

class

13)

page

From Jan. 1—

8-25

75c

8-26

8-

12-28

11-26

$30c

(quar.)

Fidelity & Guaranty Co.

30c

ry.

1-5-55

62yac

(quar.)

Ltd

Canal

S.

$1.12%

from

Net

7 Vic

(quar.)

U.

(quar.)

Co.

Net

2

9-23

$40c

;

class A

9

Class

Gross

7-

1

25c

(quar.)

United

25c

—

6-30

7-31

56y4c

6-30

50c

7-15

10-

$$1.75

(s-a)

6-30

50c
Public

preferred

A

Mines,
&

.

8-30

(quar.)

(quar.)

Hill

RR.

J.

1

Corporation and

May—

$1.12%

7-30

7-

6-30

25c

Specialties

Keno

payment

Pittsburgh & West Virginia Ry.—Earnings—

9-15

(s-a)

7-30

2

7-15

$35c

common

Distributors, Inc.
United Shoe Machinery Corp.,
6% preferred (quar.)__.

8-

7-12
6-30

87'/2c

Shirt

50c

8-

6-30

(quar.)

—

Co.

53c

N.

2

2

7-15

7-15

(quar.)____

28y2c

Power

3.70%

1

Fruit

United
United

Quarterly
Southwestern
i:

United

9
2

corrected

The

Investment News

$1

class

Tool,

7-

tax.

(Continued from

40c

(quar.)

7-

__

7- 5

&

tax.

income

7

Stores

(quar.)

B

2

+

(quar.)---——

non-cumulative

B

Drill

Class

Canadian non-residents' tax. - !•
deductible at the source.
Non¬

tax

resident tax 7%.

income

2

$1.12%

Corp.—
preference
(quar.)

Ltd.,

2

6-30

1

7-

caused

(quar.)
Shares, Ltd.

7-15

Southwest Natural Gas, common (s-a)
Southwestern Life Insurance Co. (Dallas)—

7- 6

9

7-

7-

92%c

Share, Ltd.

convertible

15%;

8-16

7-15

$1.12%

Glass Co.,

Corps,,

tax

General

8

Net

.

$25c

Southern New England Telephone Co.
Southern Railway Co.—

7-15

2

8-

Ltd.—

4Vs%

Power

preferred

Southern

7-15

$3.50
United

Class

Co., Ltd.—
preferred (quar.)

participating

&

7-

America

Cigar-Whelan

United

8-

40c

:

Southern Indiana Gas

tr

■

■

of

2

7-10

8-16

25c

(quar.)

Series A preferred

Power

II

7- 8
7- 1

5%.

-

Missouri

Canada

8-

1
1

7-

7-15

IV2C

pfd.

7%

7l 2

1

9-

12-

7-28

65c

preferred '(quar.)
Can

United

9-10
12-10

IV2C

(quar.)

Co.

7-

7-27

Co., common (quar.)
<quar.)___—u__

Southern

Biscuit

6-10

7-10

of

of

Co.

6-17

+35c

(quar.)

If

Gas

$4.50

7-

5c

(quar.)

Co.

2

8-

7-15

7-10

preferred

Union

7-10

(quar.)_

Co.

Gas, 6%

Lines

7-10

$1.433,4

Edison

Southern Calif.

9-10

Air

Electric

6-17
'

6-15

$30c

(quar.)—.
preferred (quar.)
preferred (quar.)

7r 8

2

funds,

Canadian

published date was incorrect.
date and/or record date is indicated here.

25c

1

7-10

8-

,

5%

Ltd.,

8-

39c

Jamaica

5%

Street Corp.

$1

45 c

British

Less

y Previous

87 Vic

(quar.)

United

Ltd.—

(quar.)

Bag & Paper

preferred

Co.,

Salle

7-16

'

Less

x

6-15

1

._

t50c

Water,

preferred

4.56%

La

Corp,

1

'

a

9-15

2

in

resident

25c

Tobacco

South

(Jdylite

7-12

1

9-

(quar.)

8-

.

Southern

9-10

Corp.

85c

10c

:—

Advance

Radio

Tuckett

.

2

8-

1

(s-a)

Troy & Greenbush R. R. Association
4%%
preference (quar.)
True Temper Corp. (quar.)_____:

7-20

8-

10-

9-

Quarterly

$1.34

9

(quar.)

Quarterly
Trinity Universal Insurance, com.

8-20

7-

37y2C

A

6-30

15c

Pittsburgh

(stock

50c

(quar.)
Drug. Stores, com.___

Southern

A

class
dividend)

7-15

8-31

2

35C

——-

Airways,

Trav-Ler

___

—____i

Co.

Aircraft

(quar.)

2

—

Class B (stock dividend)
Transamerica Corp.
(s-a)

8-31

8-

50c

6-30

25c

iPayable

25c

(quar.)

6-30

18%c

tPayable in U. S. funds, less 15%

9

17y2c

pfd.

7- 2

8-

this dividend.

for

9

7-

$1.14

7-15

12c

—

——

Sommers

7-15

8-

Class

closed

not

7-

2

25c

_

Ltd.

2

IVaC

2

$1.06 V*

$1.75 prior

8-

$37 Via C

35c

—

Ang.)

6-16

$22y2c

(quar.)

62y2c

(quar.)

7-15

(quar.)

common

(J. Hungerford)

(Los

22c

(quar.)—

preferred

Smith

9-10

9-

6-30
■

Co.

United Camadian

Canada,
'J.

(quar.)

4

7-10

Corp.,

preferred

8-

50c

Mines

6%

8-

50c

Co., common
preferred (quar.)

6-30

10c

__

preferred (quar.)
Smith (A. O.) Corp. (quar.)
Smith (Howard) Paper Mills,

7-15

Co.

Edison

1

common...

$2.12

7-26

Trust

Traders Building Assn.,

Inc.—

Sibley Lindsay & Curr Co.
Sigma Mines, Ltd

7- 8

&

Towne

7-10

$1.25

(quar.)

Common

Insurance

(quar.)

7-10

J4c

7-16

8-20

8-

♦Transfer books

Minn.

7-31

J3iy4c

$1

of

9-10

37»/2C

—

$1.21

.

——.

Sherwin-Williams

9-13
12-13

7-

10-

Co.

Bear

Holder$

Payable of Rec.
10-1

—

6% conv. pfd. (auar.)
Mines, Ltd.
(interim;

Co.,

$1.14

,

Insurance

7-15

Cab

51

50c

Zonolite Co

(quar.)

7-15

income)—
Sheraton Corp. of America (quar.)—

.9-17

preferred

2

9-15

$1

(quar.)

4.56% preferred (quar.).
Towle Mfg; Co. (quar.)

1

12-

7-17

investment

(Prom

7- 9

preferred

$1

Shares,

Selected American

6-30

25C

4Vi'/c

75C

•6-30

2

25c

(quar.)

Storage

Security

7-

80c

Corp.,

Securities Acceptance

6-30

7-15

20c

Industries, common
convertible preferred (quar-.) —
Savannah Electric & Power
5.36preferred (quar.)
:
Sclienlev Industries, Inc.
,reduced i
Schuster (Ed) & Co., common (quar.)
Schwitzer-Cummins Co., com
6&% pfd. A (quar/)—,__
Scott Paper Co., $3.40 preferred (quar.)
$4 Deferred
(quar.u—
•'
Scovill Mfg. Co., 3.65% pfd. (quar.)
3.65%
preierred
(quar.)
.___—
4.30%
preferred
(quar )
Scullin Steel Co.
(reduced)-Seaboard Finance Co., common (quar.)
$2.12 convertible preferred (quar.)
$5.75 preferred (quar.)—

7-15

2

12-15

$$107

75c

7-15

20c

Quarterly

25C

Savage

7-14

(quar.),

(quar.)

Zellers, Ltd., common
5% preferred (quar.)

Toledo

$1.25

Paul Fife &

Miguel Brewery, Inc
Sanborn
Map
co

7-14

2

Title

6-21

San

9-15

7-

Quarterly

7-15

$1.25

convertible preferred A (quar.)
convertible preferred A (quar.)
Marine Insurance (quar.) —
Saeuenay Fower Co., Ltd., 4V4% pfd. (quar.)
San Diego Gas & Electric Co., com. (quar.)__
preferred (quar.) __—---—-—
41/2 ■% preferred (quar.)
_——■—■—•+-4 40%
preferred (quar.)

6-30

7-12

v.

7-15

$50c

5%

st

7-30

25c

Co.. $2.50 pfd. (quar.)
Thomaston Mills (quar.)
Tishman Realty & Construction, com.
(quar.)
5 %
preferred .■:'l(quar,)-______i-__^___:__^_

7-30

7-10

(quar.)__—

jfc

6-30

9-21

Yellowknife

Thermoid

$1.12V2

—

Manufacturing Co.

Yellow

2

$4

7- 9

.

Towne

6-29
7-

7

75c

(quar.)

Joseph Stock Yards
Lawrence Corp. Ltd.

St' Louis-San Francisco Ry.

6-30

7-

—

(quar.,

preferred A

41/2%
st

6-30

30c

(reduced,

Common

6-30

8- ,2

8-14

&

Share

8-

Mfg. Corp,

When

Per

Name of Company
Yale

7-12

Title

Roval Oak

6-30

20c
J15C

v,f

!

2

6-21

15c

Texas Power & Light Co.—
$4.56 preferred (quar.)

8-25

—

2

25c

$4.84

10c

______

8-

Texas Electric Service, $4 preferred
<quar.)_
Texas Illinois Natural Gas
PipelineCommon (quar.)

1

9-

10c

Holders

Payable of Rec.

25c

(quar.)

Extra
Terre Haute Malleable &

9

9-

Dairy Ltd., class A (quar.)
Typewriter Co., Inc.—

7-22

7-

9-

(quar.,

common

A
(quar.)
Cqrp.«(quar<i_^.—

Row?

7-24

Share

Corp.

Aircraft Corp. (quar.)
Terminal Tower
(Cleve.)
(quar.)

50%

Class

Company

Temco

5

$1

Ltd., Amer. dep. receipts ord.

Corp.,

7-

$l.C21/2

'dividend—

qtock

Rocnmoor
7- 3

6-18

.

2

$1.02 y2

-

preferred J (quar.) —
4^/4'I. preferred I (quar.)
—
Plywood Corp. (quar.)

'

7-15
8-

56c

H (quar.;____

IS'/,'

40c
20c

Bofthester Gas & Electric
Common
(quar.)
preferred F (quar.)

Name of

Telautograph

Co. (N. Y.) —

When

Per

Payable

V

American Insurance

Rochester

'

When

Per

Share

of Company

Name

(99)

income

This
of

ended

a

May

31,

1954,

net

income

amounted

to $1,833,105,

a

shown

share,

a

.

$9,018,682 for the same period
1953 operattn.grrevenues
Included an
from the temporary sur¬
charge billings and power sales to the City of Seattle, no revenue
was
obtained from
these sources in 1954.
On a comparable basis,
with the $1,031,470 of 1953 special revenue excluded,
operating reve¬
nues
increased $841,754 or 10.5%
for the first five months of 1954

$8,828,966

!*h
t

■

'"i1

179,

the board

was named President and a member of
Titanium, Inc., of Midland, Pa., on June 28
who retired on July 1.
Mr. Bradford

Bradford

E.

C.

Rem-Cru

ml

to succeed
was Vice-

Reisinger,

U.

Walter

:i

!

and Director of Operations
Poister was elected Chairman

president

—V.

179,

(& Subs.)—Highlights—

Rand, Inc.

each

Year Ended March 31—

J

'

ri.

'Si'
1

12,211,170
5,510,430

14,150,842
5,501,048

products

income

Met

—-

paid to stockholders..

Cash dividends per share

retained

Income

Capital

&

surp.

business

use

earns,

of

stockholders

end

the

at

fiscal

of

3.1 to 1
42,304

37,060

•'

36,725

offered

The

2601.

Continued Until July 31

The
SEC

"Frank

to

J.

below.—V.

Inc.

Co.,

Thompson-Starrett

177,

The

SEC

$

Domestic

119i742,629

12,356.821

11,375,576

sales

179,

~

$

'

128,530,131

sales—

Canadian

1954—24 Wks.—1953
$
'
' $

1954—4 Wks.—1953

to

of

65,649,351

69,592,264

Wet

ry.

Wet

ry.

57,088

38,294

2,362.431
891,513
250,674

2,160.439
815,703
318,276

1,978,317
637.683
147,889

♦Deficit.—V.

179,

91,371

2600.

p.

Water

Jose

Works—Earnings—

12 Months Ended May 21—

-Operating
Oper.

Total

$2,224,174

i;789,767

1,554.267

$674,956
14,318

$669,907
28,217

taxe^, & deprec

income
Yion-operating income
Operating

.

public sale by Clyde
officers

F.

who

has been

Co.

named

the

as

prin¬

4.

$689,274

$698,124

226,478

deductions

before

deductions

etc.

222,040

(net)

$462,796

;

$476,084

94,726

income

Net

Dividends

80,861

preferred stock

on

shares

$9.50

be

to

are

share,

per

offered

with

$1

a

sale

for

at

share

per

initial

an

price

offering

commission.

underwriting

is engaged in the production and sale of sand and gravel
natural
deposits,
and
the
preparation,
delivery
and
sale of

ready-mixed
The

for

$368,070

$395,223

30,000
12,225

30,000
19,402

15,465
9.853

common

preferred, series A
preferred, series B—

4%%

series
series

preferred,
preferred,

22,420
None

4.70%

Common

157,992

179,

;

C
D

_

2811.

p.

•

Period End. May 31—

"Net

Net

*

:1

.>»
1

>i

i*;f

1,977.663

2,198,444

1,723,035
outstdg.—

2,349.475

share—

$0.73

income
shares

Com.

*1t

Earns,

1954—5 Mos.—1953

1954—Month—1953

$13,027,657 $13,916,452 $67,212,211 $72,868,461

——

income—

oper.

ry.

per com.

1,950,761
*2,349,475

9.971,826
8.678,631
2,349,475

10,949,725
9,710,323
*2,349.475

$0.83

$3.69

$4.13

comparative purposes. 1953 figures have been restated—939,790
shares of common stock without par value changed to 2,349,475 shares
♦For

for

1)

the

of

value

par

of

$40

each.—V.

179,

mark

will

the

first

distribution

public

of

Offering—
The company recently offered its common stockholders
of record June 10 the right to subscribe on or before
Jupe 25 for 13,135 additional shares of common stock
(par $10) at $13 per share on the basis of one new share
This offering was underwritten
by Smith, Polian & Co. and Lester, Ryons & Co. (up to
50% each).
PROCEEDS—The

$150,000
the

net

addition

an

City,

to

proceeds

will

short-term

of

account

on

proceeds of which

of

179,

sinking

fund

due

debentures

used

were

the

1,

are

the debentures have been drawn by
lot for redemption on
Aug.
1954, through operation of the fixed
and
earnings sinking funds.
Redemption of the debentures at the
•current
sinking fund redemption price of
101 %>, and accrued in¬
that

notified

|»eifig

$99,000

of
1,

will be made at the office of the trustee, The
Co., 120 Broadway, New York.—V. 179, p. 1484.

terest,
Trust

June

Sun

employees
stock

annual
The

the

than

more

plan

the

be

used

notes

to

company's

OFFER,

exchange

authorized
basis.

on

In

to

ETC.—In

the company

by

banks

to

finance,

steam

in

totalling

part,

the

generating

addition,

about June

or

and

s

This
*Itcr

May
«

company

income

Marine Midland

designated

1954

15.

5%

the

of

earnings

net
in

the

nine

of

with $3,830,998 in

the

corresponding

of

in

totaled

Sales

period

a

year

three

the

were

stock

capital

Seeger

basis

earnings

equal to $4.01

outstanding,

as

last year.
compared with

to

effect

the

and

in

assist

sale

by

effecting

The

such
and

contemplated

company

1,224

shares
$100

its

of

newly

private

and

this

is

placement

in

later

1954

share on 1.120.800
against $3.43 on the

„

*

GIVING

,

First

EFFECT

the

underwriters

TO

PRESENT

FINANCING,

series

due

1981—_

4

series

due

1982——

V4 %

Debentures,

4%

Short-term

bank

Preferred

due

stock,

Common

stock

the

179,

before.—V.

p.

4
*

i

1

J

1

t

Selected American

like

2374.

1917

before

Total
y»es|r?

ass^t

valie

the

of

*

I

nt,~ amounted
a

a

share.

share

This
on

to

fund,

The




by

Edward

1954,

P.

purchased

was

7,906.

24th

annually

by

by

con~

company

Fund" from sources,
dividends on stock dividends,
of stock in employe accounts
of withdrawals from the plan.
"Surplus

plan's

because

liquidation

Sun

the

of

shares

currently

stock

Sun

to

plan—the

employees
of

are

who

to

company

June

is

an

Co.

an

The

in

incorporated

name

basic

in

Utah

changed

was

to

Jan.

on

the

generating

southwest

purchase

of

section
assets

approximately

October,

and

Southern

1953.—V.

115

179,

of

distributing
of

Utah

p.

in

May—
Gross
Net

from
ry.

From

Gross

railway

&

Seattle

railway
income,

oper.

1953

1952

$2,449,378

$2,487,583

net

The

proceeds

from

Net

ry.

railway-

oper.

179,

p.

income:

a

Power

small
and

Fredonia,

and

1951

$2,515,838

8S6.001

719.381

919.289

491,817

365,090

263,677

11,392,950

13,127,694

12,221,471

11,413,103

3,167,622

5,016,084

4,125,205

3,940,001

2,220,077

Klein

Inc.,

Co.,

Murray

be used to pay for cost

179,

properties.—V.

gas

of

number

than

more

during

p.

and'

of exploration

2709.

workmen

300

in two

engaged

are

south

fourth

quarter

of

the

through
p.

179,

Duncan,

of

this

capacity

Designed

year.

producing 120,000 tons of coke per year
Great
Lakes
Carbon
Co.
of New

day,

per

marketed

the

is for
to ba

York.

2477.

(O. A.)
stadt &

the

at

Village,

barrels

9,000

projects

Sunray

Sutton

Co.

Inc.

Offered—F. Eber-

Inc.—Stock

Corp.,

Snillinglaw, Bolger & Co.

and

headed

which on June 30 off¬
publicly 400,000 shares of common stock (par $1)
at $12 per share.
This offering was oversubscribed and
the books closed.
It was the first public offering of the
nationwide underwriting group

ered

ing

sold

Sutton,

400,000

PROCEEDS—The

stockholder

sole

net

being offered, 200,000 shares are
remaining 200,000 by Mr. O.

the

and

company

proceeds

of

from

the

sale

the

be¬
A.

company.

by

the

company

will

the company approximately $2,115,000.
The concurrent sale or
15,000 shares of 6% cumulative preferred stock at par ($100 per share;
to an institutional investor wili net the company approximately $1.*

net

The
of

debt,

aggregate proceeds of $3,550,000 will be

applied to retire

outstanding
preferred stock
and $275,000 of
and the balance of $2,575,000 will be added

long-term
working

to

capital.

BUSINESS—The company, formed
leading manufacturer of room air
electric

fans.
of

of

About

products

its

business

45%

of

under

is

the

its

the

in

1941

in

Wichita, Kansas, is »
and
air circulating

conditioners

company's business consists

own

trade

manufacture

name,

of

of manu¬

"Vornado," and about
air conditioners ior

room

Westinghouse Electric Corp., General Electric Co., and American MotorsCorp. for sale under their respective trade names of "Westinghouse,
"Hotpoint" and "Kelvinator."
The balance of the business consist
principally of jettison fuel tanks for the U. S. Air Force.
The com¬
pany's plants are located in Wichita, Kansas.
1812

company's

West

Second

principal plant and executive offices are
St., Wichita, Kansas, on a parcel of 6

buildings containing
The

2,274,786

feet

2601.

shares

common

the

by

President and

facture

718,033

2,565,138

&

corporation's catalytic cracking:
Okla.
Sunray engineers and
the construction companies are
advancing
the work all possible so that the company's new delayed coking unit
and
the UOP designed Platforming unit will both be in production

435,000.

457,188

1,872,149

to

Oil Corp.—Continues Expansion—

record

The

railway

on

to

are

oil

of

Sunray
A

Jan. 1—

from

Approximately

1.

completed one year of employment with
a
voluntary basis, to subscribe up to
buy stock through the plans.—V. 179,.

have

wages

Lawrence

development

$700,000

Ry.—Earnings—

$2,308,628

July

on

both of New
York, on June 28 publicly offered 300,000 shares of com¬
mon stock
(10 cents) at $1 per share "as a speculation."
and

20,

2601.

1954

from

than one1,008,473

Sunburst Madison Oil Co.—Stock Offered—R. V.
Co.

Utah

company

and

Fredonia

customers

more

acquired

1935.

p.

secured

electric
in

served

consummated

was

The

1932.

23,

area

which

91,945 shs.

2,000 shares of preferred stock contemplated
of the proceeds thereof to retire $200,000 of
banks is reflected.

Power

29th—began
participating.

eligible,

are

their

for

have

In addition, there are 438,351 shares;
employees' acocunts in unliquidated plans.

employees

company

10%

account

now

stockholders,

Sun

of

plans.

these

credited

new

12,000

who

employees,
number

through

Of the

shs

of

Arizona.

of

Co.,

l',224

par)

par)

company
serves

portion

Light

on

($100

use

notes

Dixie

Co.

which

Value Up—

$31,120,816, as of June 15,
with total value of
15, 1953.—V, 179, p. 1051.

compares

June

announced

the

in

stock

total

date,

half

478 000
200 000

sale

planned

as

Power

—V.

Shares, Inc.—Asset

of

and cash
contributions for purchase

company

To

8

i

company's

stock of this company.

955 000

___

1971

($10

the

$1,176 000

loans

5%

ETC.

* Outstanding

.

,

mortgage bonds:

3 V2 %

Net

in-the

distributed

shares

of

dividends,

—V.

employing

sale.

DIVIDENDS—Quarterly dividends of 25c per share or at the rate
$1 per share per annum have been paid on the common stock in
years.
The most recent dividend of 25c per share was paid
on
June 1,
1954.

a

$87,621,306

the-

on

hands

the

company

accumulated

or

stock

out

the

plans,

balance

as

closed

Cedar

recent

Spokane Portland

ended
period

quarters

$84,163,046,

valued

the

of

been launched

which has

of a series
1926.

one

since

these

tribution

$350,000

in

par,
for
its
preferred stock,
$100 par, on a share-for-share
to finance the
balance of bank loans the company

order

Net

months

shares

into

liquidation

upon

contributes one dollar for every
two
dollars
invested by
employees.
The stock is purchased over a
one-year period by the Trustees of the Plan and held by
them for
an
additional period of four years at which time the plan matures.
In
the
current
liquidation, only about two-fifths of the 141,601
shares distributed—actually
58,548 shares—were bought by the em¬
ployees' contributions.
Thus, employees received a return of 142%,
on
every share bought with
their own savings.

of

$4,498,852

months

30

Employees—

141,601

plan.

is

company

Under

construction

plant

stock,

preferred

shares of preferred stock

„

advise

was

ago.

nine

.shares
same

provisions

tax

income

compared

1954,

31,

year

The

reported

25

June

on

after

to

passed

to pay

4%%

negotiating

of 2,000

Higher Rate—

Seeger Refrigerator Co.—Earnings at

*

.

Issued

comprising

$10,600,000

June

on

2709.

p.

stock

common

at

179,

Co.—Stock

Oil
Oil

market
Sun

See V.

1969.

1,

44%
1

*129,635

Propane Gas Corp.—Private Placement—

at

"Neither

1962,

117,737

*89,464

sinking fund debentures placed privately through Eastman*
Co., with New York Life Insurance Co., will mature oa

&

construction

BUSINESS—The

Feb.

'211,774

2477.

p.

refinery

short-term

3%%

1,532,198

74.414

*224,271

-

refinery

Scabrook Farms Co.—Partial Redemption—
of

1,440,067

1,469,041

15,602

*271,347

1,178,175

income

Utah.

nor

Polders

*24.072

The 4%%

All

Southern Utah Power Co.—Common Stock

2476.

p.

*26,109

railway

oper.

Dillon

A

offering

CAPITALIZATION

Air Line RR.—May Earnings—

Cross revenues

22,975

*28,973
N

Deficit.—V.

a

Seaboard

$286,532

42,490

*60,292

railway,;

from

from
ry.

shares of the company.

is

outstanding:

4.70%

—V.

stock

193,925

available

Balance

4%%

1951

$303,546

30,740

income—

oper.

Net

concrete.

proposed

outstanding
Shares

1952

$288,026

"2,343

EXCHANGE

Interest,

1953

$232,848

railway

From Jan. 1—

par.

director and Presi¬
hold an aggregate

Gregson,

directors

and

Bache &

$2

shares of stock.

the 625,000 outstanding

other

four

stock,

common

with the
These
They are

statement

registration

a

its

of

Va.—Registers

Commission—

for each six shares held.

1953

1954

$2,464,723

revenue

expenses,

ry.

the

income-.-

oper.

San

*1,553

railway

railway

from

Wet

for

filed

25

shares

for

p.

Inc., Norfolk,

Co.,

used

loans and
441.

179,

1—

Jan.

from

1951
$391,238

1,807,534
483,592

income—

oper.

From

Cross

June

on

156,250

part of

bank

repay

to property.—V.

Materials

300,000 shares of stock.

from

1952

74,048
16,219

77,870

railway—.—,

to

used

The company

$406,345
152,594

1953
$476,849
192,665

$339,545

railway

from

from

be

to

are

company

and

1954

Net

Gross

)

Ry.—Earnings—

cipal underwriter.

& Texas Ry.—Earnings—

1954

May—
Cross

Co.—Notes Sold

improvements

offered

dent,

742,317,622 712,907.468

of

Wet

and

are

The

St. Louis-San Francisco

expenses

*

railway

from

from

Suburban

the

per

May—

without underwriting. The pro¬
of reorganization, pay off credi¬

share),

per

pay

Gas

Jersey

covering

be

2080.

p.

to

Distribution

order

:

Net

With SEC—

notification with

of

of

Staten Island Rapid Transit

working capital.

Southern

This

Period End. June 19—

letter

a

With Securities and Exchange

shares
,1

($1

par

used

proceeds

additions

Stores, Inc.—Current Sales Up—

Safeway

at

be

for

and

filed

21

shares of convertible preferred stock (no par)
$19 per share, and 7.500 shares of common stock

at

to

June

on

30

2601.

*

...

-

Privately—Direct
placement of $1,250,000 3V2% notes, due July 1, 1974,
was
negotiated by The First Boston Corp., it was an¬
nounced on July 1.
I

2787.

p.

•>'

.

,

7,500

offered
are

South

Consolidation—

Schaefer Co.—Proposed

Roberts &
Sec

:•

,

Smith.—V. 179,

to go to the Estate of Lloyd R.

are

.

an

cents

issued

has

p.

Sun

M&uufacturing of Robbins Mills, Inc. on July 1, 1954.
He will locate
•at the latter's main manufacturing plant at Aberdeen, N. C.
Clyde T. Moore has assumed the duties of Plant Manager at the
CSftrksvllle, Va. finishing plant of Robbins Mills, Inc. replacing Allan
"Taylor who resigned,
effective June 24.
Mr. Moore was formerly
Want Manager of the Cheraw, S, C., finishing plant of J. P. Stevens
to Co. Inc.—V.
177, p. 1841.

$ i'

-

offered

be

tors

previously
with
the Carter Fabrics Division
Co. Inc., assumed the position of Director of

&

Stevens

P.

proceeds

*

corporation

be

to

in Personnel—

Inc.—Changes

Mills,
Roberts,

T.

SEC

distribution

Net

covering

ceeds

.Robbins

<

Wis. — Stock Of¬
Milwaukee, on June 11
stock (par $10) at $6,800

Souhegan Mill, Inc., Wilton, N. H.—Files

President, on June 25 announced that the
privilege of tendering stock to the corporation for redemption at
$6 per share will coninue
after June 30, 1954 and until the close
®f business July
31,
1954—V. 179, p. 2251.
Grainger,

R.

iames

net

test

authorizing this corporation to make
share, out of capital surplus, to the
holders of its common stock and common stock, series B, outstanding
in the amount of 1,320,000 and 110,000 shares, respectively.—V
179

Co., Milwaukee,

shares of common

14

Co.

18,000

first

a

share.

per

President

Standard Power & Light Corp.—30-Cent

every

fered—Gardner F. Dalton & Co.,

p.

RKO Pictures Corp.—Tenders

.

to

mailed

been

Investment

Smith

3 to 1
37,061

year

Sheraton has offered
to $131 to meet a

The

has

offer

Oil

some

the

Gross

87,277,993
90,030,045
"
$2.71

of fiscal year

Wymber of employees at the end
179, p. 9.

8,649,794
18,940,884

93,994.933
90,157,248
$2.32

capital
Wet income per share of common stock
Ratio of current assets to current liabilities—
working

W».

1,644,168

16,060,546

-

...

Wet

The

125,211,925

6.700,740

in the business
machines & equipt.
retained for use in the

for

buildings,

land,

in

invested

increased

been

debentureholder and they are
given until July 15 to forward their securities to the First National
Bank of Boston,
67 Milk St., Boston, Mass., for Sheraton's account
against payment upon receipt.
r' '
The National
Cuba Hotel Corp.
owns
and operates, directly and
through subsidiaries, the Blackstone Hotel in Chicago, the Beverly
Wilshire
in
Beverly Hills,
Calif.,., the Gotham
in New York, and
the Nacionale in Havana, Cuba.—V.
179, P. 2080.
(

235,502,413

of

stock

accompanying
since

has

«f

39 <i

of Texas has under lease from the State of
arces immediately surrounding the discovery
This
started in open waters after congressional action
on
the Submerged Lands
Act and is likewise Standard Oil Co
of
Texas' first venture in the Gulf of Mexico.—V. 176, p. 1568.

common stock, for cash against delivery
the debentures, plus accrued
interest.
For

with

This:'offer

an

mii«»

was

deben¬

outstanding

the

of

all

sin™

been

Corpus

of

Petersen,

S.

Texas

offer.

counter

and services
225,494,354
inc. from divids., invest. & other sources,,
2,071,982
•.Paid
to
employees—includes old age benefits
V
and unemployment insurance
—
120,257,778
Sales

purchase

to

of

debenture

$100

$130.75.

*$^"*

amount

Texas

subsidiary

■
of 214 barrels daily of clean
It is located in 38 feet of water, approximately 23

Standard

common

carry

accompanying

face

the

at

offered

has

with

tures,

debentures

The

points.

or 30%
traded in.

so

are

of
a

Christi.
Uest
of Standard of California, said in narf*
"This
is
the
first success we've received
from the more than
$7,500,000 already invested in state leases and in geophysical1 and
other exploratory work which has been
carried on by Standard 09
Co.
of Texas
in offshore areas for the last several years.
If this
well indicates
a
presence
of a major oil field, development drilling
will
cost many millions more
before we can get commercial nra
duction.
'
....
"It
might be pointed out that Standard of Texas last December
paid the State of Texas $3,560,000 for the privilege to drill and
try to find oil offshore.
If this discovery turns out to be a major
field, Texas wiil be getting substantial royalties from it for many
years to come."
.....
.
r
.
*

announces

$1,600,000,

and

is

* 01

T.

owns

Sheraton

1935.

p.

Remington

ii:

stock

the shores

which

company,

gravity oil.

debentures

mately

in

off

Lands Act by Congress has

of the Submerged
Houston by
this

south-southeast

outstanding arrears on the debentures.
.The principal amount .of
outstanding is $5,380,000.
The arrears amount to approxi¬

of

iVi

,

of the Board. He now is Vicerresident of Crucible Steel Co. of America.
Rem-Cru is jointly owned
fty Remington Arms Co., Inc., and Crucible
Steel Co. of America.
S

ft

ijij

1954

Standard Oil Co. of California.
The
well tested at the
rate

the

of

all

Sheraton

made

be

to

discovery

oil

passage

nounced

Arnold W. Kirkeby for the acquisition by Sheraton
outstanding debentures of National Cuba Hotel Corp.
substantially all of the preferred stock of the National
Cuba Hotel Corp,,
and at the present time has a minority position
on
the board of directors of the company.
A majority of the board
of directors of the company represent the debenture
holders because

of

! if I

the

with

conversations

Inc.—New President of Unit—

Remington Arms Co.,

i

corporation

a

America—Proposed Purchase—
that at its instigation it commenced

Corp. of

Sheraton
The

1935.

p.

M
1

the

the first five months of
aggregate of $1,031,470 derived

1953.—V.

mver

than

less

2.1%

were

Whereas

1953

•f

approved

24

June

on

first

The

3-for-l stock split of the
presently authorized and outstanding 27,000 common shares.
The
authorized
capital stock, now 27,000 shares of no par value, was
increased to 250,000 shares of $2.50 par value.
The directors plan to issue some additional shares to increase cap¬
italization and provide additional
working capital. It is understood
that such
an
issue would be comparatively small, perhaps between
20,000 and 40,000 shares.—V, 179, p. 1726.
stockholders

The

^

■

Monday, July 5,

.

Texas—Oil Discovery—

Standard Oil Co. of

Co.—Split Voted—Financing Planned—

Shasta Water

I

share, an increase of 5.7% over the $1,733,925, or
for the comparable period of 1953.
Operating revenues for the 12 months ended May 31, 1954 were
$20,143,901, or slightly under the $20,382,838 for the previous com¬
parable period.
.
For
the
five months ended May 31,
1954, operating revenues of
equal to 84 cents

hi

...

(100)

^»viOc

hi

Chronicle

Commercial and Financial

The
52

company

of floor

acres

in

approximately 156,300

leases

space.

Wichita

a

plant

containing

This plant is located
and

is

used

for

the

square

located at
acres, »»

feet of floor

space.

approximately 86,000 scluaF®
a parcel of approximate y
manufacture of motors an

on

jettison fuel tanks.

Sprague Electric Co.—Private Placement—

Rubin,

equal

to

$24,956,903

or

This
a

12

raised $3,607,500 for working capital by selling
shires if its common stock (par $2.50) privately to
buyers at $75 per share.—V. 179, p. 2811.

block

company

of

46,100

has

In

addition

in

Wichita,

of

a

space

to

these

properties,

the company leases other

Pr0Perti®*

approximately 80,000 square feet, consisting
laboratory, a service department, coil manufacturing
and storage space.
'
'
•
,
.aggregating

research

Number 5339

180

Volume

CUmvSue
value

$100

stock,

preferred

.

Authorized

par

25,000 shs.

_

preferred stock
stock ($1 par value)——-

Common

15,000 shs.

1,500,000 shs.

1,100,000 shs.

series)
Ktnrk

(issuable in
tist.u

cumulative

a%

Outstanding

shares of common stock and 7,000 shares
authorized. The cumulative preferred stock
will be authorized at or prior
8
date
for the common stock offered
t0
at At the same time the outstanding 33,500 shares of common
^ir will be reclassified into 900,000 shares.
only 33,500

uresent

At

ci

*

preferred stock are

shares of common stock
of delivery of and payment

+h

"Financing Program" for short-term borrowings outstanding
1954.
mviDENDS
It is the present intention of the board oN directors
/iofOnre
dividend of 18% cents per share payable during the com(2) See

0Ii

Period End. May

Jt.

April 30,

ending Nov. 30, 1954.

quarter

.

Dr)

(net

rent,

ry.

Other

$748,132

Total

income

$3,493,804

118,664

509,234

$1,081,945

$4,003,038

$5,767,509

6,883

7,249

41,206

38,582

charges

253,389

266,002

1,265,051

1,336,856

Net

income

$626,598

$808,694

$2,696,781

$4,392,071

Miscell.

—V.

In 1953 the company had total net sales of $23,352,218
income of $445,120.
For the five months ending April 30,

deductions

into

5

totaled $22,257,177 and net income $1,462,070, or $1.61
share based on 900,000 shares of common stock to be outstanding
F mpdiatelv prior to the consummation of the financing. This comwith net sales of $11,253,099 and net
income of $469,668, or
gales

net

New

179,

shares.—V.

common

J

Railway

quisition Ratified—

$
$
41,366,616 185,564,874 206,649,233
32,993,626 142,987,957 160,504,513
$

$

expenses-

36,918,329
28,380,163

oper._

8,538,166

8,372,990

42,576,917

1,631,98.4

1,417,971

9,362,551

revenue-

oper.

Railway

1954—5 Mos.—1953

1954—Month—1953

Period End. May 31—

Disappointing—Ac¬

Incorporated-^-Earnings

Textron

2811,

p.

Union Pacific RR.—Earnings—

2477.

179, p.

MARKINGS
net

per common share.
The last
York Stock Exchange on June 25,

$40.91

of

the

on

$5,300,686
466,823

$886,870

income

$963,281

138,738

income.

oper.

Fixed

a

*

facil.

Net

time

any

price

1954—Month—1953
1954—5 Mos.—1953
$6,430,139
$7,229,125 $32,818,667 $37,030,659
4,721,520
5,224,938
24,274,973
24,927.581
704,480
743,865
3,173,291
4,811,602
234,007
278,269
1,758,462
1,887,065
21,600
18,772
118,137
103,725

31—

Operating
revenues
Operating expenses
Ry; tax accruals—
Equip, rentals (net Dr)

ional

Hdi*

a

pridr to the close of business on July 19, 1954 at a
sale of common shares
1954 was at $45.
Common shares issued on conversion will be entitled to receive the
dividend of 60 cents per share which has been declared payable on
Aug.
10, 1954 to common shareholders of record on July 19, 1954.
Conversions may
be made at Security-First National Back in Los
Angeles, Calif., or at Manufacturers Trust Co. in New York City.
To prevent the possibility of a substantial drain on the company's
cash
as
a
result of redemption
payments, the company has made
arrangements with a group of investment bankers headed by Dillon,
Read & Co. Inc., to offer to purchase all debentures tendered to them
during the conversion period at a flat price of 103.764%.
All deben¬
tures purchased by the investment bankers will be converted by them
at

Pacific Ry.—Results From Operation—

Texas &

effect to present financing

capitalization giving

53

(101)

The Commercial and Financial Chronicle

, ..

oper.

r

months ended April 30, 1953.

share, for the five

cents per

52

"UNDERWRITERS—The

names of the several underwriters and the
of shares of common stock to be purchased by
respectively, are as follows:

them,

""Shares

♦Shares
A.

Inc.— 14,500
Bolger & Co._ 14,500
Ames, Emerich & Co., Inc.
3,500
Amott, Baker & Co., Inc—
4,500
Auchincloss, Parker & RedEberstadt & Co.,

V

& Co

Bailey

9,000
3,000
9,000

3,000
f4,500
Clayton Securities Corp.—
2,000
Coburn & Middlebrook, Inc. ■ 5,500
Cohu & Co.——.——2
6,500
Julien Collins & Go.—.
2,000

Inc.
Richard W. Clarke Corp—

E.

A.

..

Norris

O'Neal,

W. E.

Hutton

Johnson,

Co.

&

&

Co.,

&

2,000

Quail & Co

Rauscher,

Pierce

&

Co.,
6,500

Inc.

Reinholdt

;

2,000

Gardner

&

Robinson-Humphrey

The

4,500

Inc

Co.,

Rodman

2,000

Renshaw

&

C.

Co——2,000
Saunders, Stiver & Co
! 4,500
Wm.

Roney

Herbert

&

Schaefer & Co.

W.

Horner

Scott,
Inc.

1

Shearson,

&

9,000

Co._

Harris,

&

Smith, Hague,* Noble & Co.

3,500

Stein

Boyce——
—

3,000

Stix

Co.;

&

6,500

Blosser & McDowell
&

Strous,

Common, " Dann

Vietor,

Wagenseller & Durst,

3,000
6,500

Inc.Watling, Lerchen & Co.

3,500

4,500

White & Co._

Hudson

Kenny & Ayres,

Willis,

Douglas

Winslow,

&

half

case,

2,000
2,000

Co.

&

Wood

E.

Wood

Co

&

4,500

H.

Wyatt, Neal & Waggoner—
Wyllie and Thornhill
Zuckerman, Smith & Co.—

—

present

woiking

its

has

substantially

will

also

but

increased

been

of

outstanding

the

will

The

our

week

Inc.

and

builder

international

This

the Roberts
and manufactur¬

the

each five*"'
shares for.,
outstanding; 4Va shares for each share of

preference shares now outstanding; one share for
Thompson-Starrett common, or a total of 120,000

the

600,000
&

of

S.

now

common

York Securities

New

for

shares

450,000

the

for

further

the

principal

manufacture

development

"Point

other units in
project.

of

production

and

Automatic Business Controls

to

shares

3,000,000
be

will

first

issued

R.

stock of

&

S.

10 cents par, or a total

common

shares now out¬

be authorized.
Also authorized will be 350,000
preferred stock of $10 par, of which 60,000 shares
in exchange for $30,000 in cash and $600,000 of

1956, of Delaware Roberts &
of Roberts & Schaefer (Illinois). 1 >

debentures,

concern

due

("ABC")

preferred shares»-l&—.
said. This will yield about
to repay a bank loan being
arranged to provide funds for the purchase of the outstanding stock
of Delaware Roberts & Schaefer, pursuant to a contract held by R. & S.
New
York
Securities. Also $445,000
will be used to reimburse the
treasury for a like amount of bank indebtedness to be retired by the
Public

sale

additional

145,000

of

convertible

company.

Sloan, Executive

Robert E.

Chairman

V.

175,

Vice-President of Roberts & Schaefer, will
company, Thompson-Starrett Company.
of the Executive Committee.—

surviving

the

of

Raalte

Van

Mr.

the company's

will

plant would cost approximately $350,000; if the above method of
financing is not used, the company expects the major portion of such
cost to be defrayed by loan funds and the balance to be provided out
cf working
capital.

is

It
,

incorporated under California law on
July 31, 1947,. and maintains its principal office and plant at 133
East Santa Anita
Ave., Burbank, Calif. The company is engaged in
cesignirig, developing, manufacturing and selling electronic data-pro¬
cessing equipment, and in rendering compution and data analysis
services.

PRESENT

TO

EFFECT

FINANCING
Outstanding

Authorized
O

secured

Jmy

30,

installment

1953,

J2LOOO annually
1,

1956—

dated

p a y a

b 1 e

Aug. 1, 1954 to Aug.

($1

par

$63,000

500,BOO shs.

500,000 shs.

value)—

capital funds
E0™ SecUrity-First National Bank of Los Angeles. As of June 15,
U9t>4, the
company owed the Bank $162,493
represented by an un¬
secured demand
promissory note bearing interest at the rate of 4%
company

States Natural Gas

Co.—Secondary Offering—A

group

& Co. and the remainder of $75,000,000 will be
to the United States Steel & Carnegie Pension
pension trust established for the benefit of United
States Steel employees.
\
• . - . .
•
. . .
..
. ^
As soon as possible a registration statement, will be
filed with the
SEC and the offering, will
be made at a convenient time thereafter.
by

Stanley

Morgan

reserved

Fund,

offering

for

of

trustee

a

The

of common stock (par

5

Net

ry.

railway.—---

1951

1953

1952

$670,169
275,760

$512,787
232,461

95,372

82,644

3,244,555
1,379,325
480,540

2,953,503
1,262,397
359,833

,

cents

The

Net

ry.

—V.

3,027,428
1,163,562

railway—

oner,

179,

p.

380,238

income—
2644.
&

Transue

1,184,522
427,264

The

plants

the

of

working

additional

loan

of the company are located
will be used' for capital

capital.—V.

176,

p.

at Alliance, Ohio.
improvements and

Per annum.

Temper

2274.

increased,

As

under

tained

common

value

share

Corp.

increase of 5 cents an hour will be applied
the rates in the 32 Job class rate scale now in

rate

The

the

of

term

spread of

present
of

terms

the

will become $1.57
between job classes is re¬

starting rate in steel operations

the

the

and

hour,

per

basic

new

5VaC

agreement.

the new

covering

agreement

hours

wages,

and

conditions will remain in effect until June 30, 1956,
re-opening on May 1, 1955, with respect to general
increase in wage rates only.
'
• :■
The
insurance
agreement will continue until Oct. 31,
1956, and
the pension agreement until Oct. 31, 1957.

general

working

subject

to

one

United

States

Steel

Corp.

July

on

1

announced

an

upward

adjustment In steel prices equal to 2%% or approximating $3 per ton.
Clifford F. Hood, President, said these new prices were made neces¬

of

made

with

ment

"The

the

increase

continuing

is

plant

less

of

America

needs

29.

June

on

justified

be

would

replacement

the settle¬

from

resulting

than

the

of

if

cor-*

stockholders' interests alone were considered.
price of the many grades and types of carbon steel,
is still only a little more than 6 cents per pound,"

and

average

the

Mr.

costs

Steelworkers

United

the
of

amount

considerations,

cost

production

increased

because

sary

increase,
said.

Hood

President of Unit Appointed —

New

appointment of Norman B. Obbard as President of U. S. Steel's
Bridge Division, effective July 1, was announced by CliffoR^

The

stock

F.

K.

Obbard

Mr.

has

formerlv

was

Vice-Pre.'ident

succeeds.

Contracting

General

and

179, p. 830.

of the division,—V.

United Utilities, Inc.—Correction—

213,^61

the

Of

shares

of

common

stock

recently

were

underwriters,

the

offered

for

sub¬

sha^e, 80,328 shares

by common stockholders at $17.50 per
subscribed for and 132,933 shares were taken

scription

headed

Kidder,

by

179, p. 2645).
had previously been reported
scribed for,—V. 179, p. 2853.

Peabody

&

up

Co.

and resold by
(See details In

v.

It

Co.,

Pictures

Universal

that

132,933 shares had been sub¬

Inc.—Earnings

Up—

its subsidiaries report earnings for the" 26
weeks ended May 1, 1954 of $1,721,000 after providing $1,845,000 for
Federal taxes on income.
After dividends on the preferred stock, this
This

to

earnings

taxes

share on the 1,017,334'Shares ;om common
May 1, 1954.
For the 26 weeks ending May 2,
$1,346,000 after providing $2,310,000 for Federal
After dividends on the preferred stock,
this is

$1.57 per

outstanding

1953

and

corporation

equivalent

stock

been

Obbard

President of United States Steel Corp.
Mr.
McDanel who retired at. June 30, 1954.

Hood,

Frank

is

Corp.—Par Value Changed—

changed from shares having no par
to shares having a par value of $20 per share on a share-forbasis, effective June 23.—V. 177, p. 2502.
...

The

States Steel

wage

—effect.

Sold

has from time to time borrowed working

True

providing

America

of

and pension benefits and a wage increase, of
announced on June 29 byi Clifford F. Ilbod,

was

United

of

Manager

Williams Steel Forging- Corp.—Notes

Privately—This corporation on June 28 announced that
it has negotiated from an institutional investor a loan
of $2,500,000 evidenced by 4V2% promissory notes. The
notes, which were placed through Kuhn, Loeb & Co.
on a 4.40% basis, will become payable on June 1, 1969.
The
corporation Is a producer of drop forgings and deep-drawn
stampings of steel and other metals for the automotive, truck and
farm
implement manufacturers and the atomic energy and aircraft
Proceeds

,

,

American

railway

from

from

Net

hour

per

general

uniformily to each of

$548,200
165,994

From Jan. 1—
Gross

be used to restore, in
United States Steel's

issue will

Steelworkers

United

the

improved- insurance

President

33,983

2.898,257

income

oper.

with

settlement

A

for

after

80,577

railway—

from

from

contemplated

the

Wage Increase Agreement Reached—

"The

RR.—Earnings—

1954
$618,189
242.240

Mav—

Net

of

proceeds

part working capital expended in recent years in
expansion and modernization programs,

poration

Toledo, Peoria & Western

industries.

$63,000

Capital stock
The

note,

principal

that $225,000,000 will be offered to the public through
of underwriters brought together for the purpose

expected

nationwide

a

Steel Prices Increased About $3 Per Ton—

$1) was made on June 23 by Blyth & Co., Inc., at $7.50
per share, with a dealer's discount of 30 cents per share.
It was completed.—V. 179, p. 10.
1

was

GIVING

corporation proposed to sell $300,000,000 serial
maturing in one to ten years.

that the

Chairman

be

secondary offering of 6,000 shares

Gross

new

CAPITALIZATION

Carp. — Plans Offering of Large
Public—Benjamin F. Fairless, Chair¬
on June 29, annouricea/

Steel

Board of Directors,

of the

debentures

2382.

p.

Three

provide

company

BUSINESS—Corporation

Corp.—Offer Extended—

it

29,

States

United

Schaefer, the parent

planned at an early date, Mr. Van Raalte
$1,522,000, of which $1,000,000 will be used

for the

also anticipates the possible construction of a new
plant. If undertaken, it is contemplated that this project would be
Jianced by others and the completed plant leased by the company, with
no
permanent
investment of
the
company's
capital. The proposed
The

Oct.

'

.

common

of un¬

William

of this offering is to
O'Sale Recorders" and

purpose

of

Record—

has

company

until

man

completion of the merger, Thompson-starrett's outstanding
stock
capitalization will consist of 1,017,972 shares of the

Upon

5%

common

100,000

standing.

be

Co., both of Los Angeles, Calif., on June 29
publicly offered 95,000 shares of capital stock (par $1)
at $13.25 per share.
PROCEEDS—The

■

was

Debenture Issue to

to

shares of

Delaware

R. Staats &

funds

.,v

extended Its preferred stock voluntary exchange
was announced on June 24.
Under the offer,
holders of the 7% cumulative preferred stock can exchange it on the
basis of one share of the preferred for Voth of a share of common
and a $100 debenture, carrying a 6% coupon.—V. 178, p. 2620.

require

will

contractor

approval of the stockholders of both com¬
panies at special meetings on July 26.
Consummation of the deal, J. R. Van Raalte, President of ThompsonStarrett, said on June 30, is proposed by means of the merger into
Thompson-Starrett of the R. & S. New York Securities Corp.
The agreement executed by the directors of the respective companies
provides for the exchange of new Thompson-Starrett common stock,
10 cents par,
for the currently outstanding shares of the two com-.*,
panies, as follows:
Seven shares for each share of Thompson-Starrett $3.50 preference
stock and accumulated dividends, or a total of 447,972 shares for the
subject

company,

set

The

Planning Merger and

Co., Chicago, 111., engineering construction

Schaefer

new

offer

Sale of Convertible Preferred Stock—

ing

period

United Dye & Chemical

stock of American Woolen
445,000 shares,
or
179, p. 2811.

stock."—V.
—

.«

net

our

approximately

to

common

Co.,

Thompson-Starrett

increase

<■»>

above.—V. 133, p. 1465.

record

company

seven-day

The

derwriters, headed by Hill Richards & Co. and

iff#/.,

Corp.—Sells Division

of 741,394 ton miles for air fregiht flown
established" June 16-22 by this Corporation.
figure amounted to 871 ton miles above the previous high
during October, 1950.—V. 179, p. 2811.

new

a

46,144,720
9,490,793

.

United Air Lines, Inc.—Sets New
A

In

ownership interest in common

now

45%

2,000

are to be purchased from
stockholder.—V. 179, p. 2709.

Telecomputing Corp.—Stock Offered—A group

p.

See W. L. Maxson Corp.

south.

"Textron's

about

all

of

us

organization
capital.

2,000
2,000

shares

the

of

9,000
3,000

Inc.
Mc-

Evoy
P.

ry.

income
'2645.

oper.

179,

United Advertising

Co.

acquisition of Newmarket's business and assets not only
us
with experienced and capable personnel to augment

provide

Co.

to

shares of convertible

White, Weld & Co.——

and half from the selling

the

in

us

9,000

&

5,500
5,500
2,000

Hewitt--

Inc

by

R.

6,500

Inc.

Bros.

fr.

rev.

ry.

—V.

assets, subject to liabilities, in
exchange for 45,000 shares of our 4 % preferred stock, series B, with
the
reservation
by Newmarket,
however, of sufficient cash to pay
a
dividend of $1 a share on its 225,000 shares of stock.
Newmarket
manufactures some of the same type of staple filament fabrics made
sale

the

63,996
6,500

Hammill

Net

,

Mason,

•&

-

Fairman

Sills,

2,000

Net

disappointing.

Manufacturing

Newmarket

of

stockholders

the

28

June

approved

&

9,000

Harold

Kerr & Bell

company

Shepard

Inc.

been

"

"On

3,000

5,500

Co.,

each

9,000

.

second

the

total

loss,

a

2,000

;

Prescott,

•

and

Space

1

Jones, Kreeger &
Kalman

♦In

from

4,500

Curtis

3.500
9,000

Co.—:

Lane,

Inc

Co.,

Inc.Jackson &

Alden & Co.,

Penington, Colket and Co._.

Hayden, Miller & Co—.—2,080
Hayden, Stone & Co
9,000
Howard,
Well,
Labouisse,
&

3,500

6,500
3,000
2,000.

Blackstock & Co.

Friedrichs

5,500

Inc.—

2,000

& Co.———

3,000

Co

&

& Co

Hirshberg,

Webber,

Paine,

—*4*500*.

Goodbody & Co
Hallowell, Sulzberger & Co.
Hancock,

Turben
&

Ohio Co

The

•.

Gibson

C.

W.

2,000
2,000

for

sales volume will be close to $25,000,000 and profits
non-textile operations substantial, our textile division will show

"The

2,000

Miller

Revel

5,500
Field & Co., Inc.—
—
2,000
The First Cleveland Corp..
5,500
Franklin, Meyer & Barnett n 3,000
S. D. Fuller & Co-—:
2,000
Co

5,500

Miller & Co

Merrill,

&

&

5,500

Co

Co-

Co.—
——
3,000
Francis I. duPont & Co—
6,500 <>
A. G. Edwards & Sons
v3,500
Ferris

2,000

Co

&

&

Masten

Mead,

5 5,500
Pan". *

&

Dewar, Robertson
coast—.
-<
Dittmar

Bennett

:

McCourtney-Breckenridge &

dike,

Courts & Co._

6,500

Co., Inc

McDowell, Dimond & Co.—

5,500
2,000 2,000
2,000
9,000 .
6,500 :
2,000 ...
3,500
5,500

Simonds & Co
The Bankers Bond Co., Inc.
Beadling & Co;
Beil & Hough
Blair, Rollins & Co., Inc—
j C. Bradford & Co
Stockton Broome & Co
C S. Brown & Co.
—
H.M. Byllesby & Co. (Inc.)
Carolina Securities Corp.—
C. F. Cassell & Co., Inc—
Central Republic Co. (Inc.)
Childs, Jtffries & ThornBaker,

&

Manley,

3,500
2,000

path

Kidder & Co

M.

Leason

fihilling.aw,

results

"Again

numbers

regate

1 said in part:
quarter have

Royal Little, .Chairman, on July
Although

at

were

income.

on

to $1.27 per share on the 961,698 shares
at May 2, 1953.—V. 179, p. 2417.

equivalent

of common stock

outstanding

Ula Uranium, Inc.,
~

aglCCU

number
an,

D.

of

shares

of

i

.Webber,

«
v-

179,

Jackson

pUlLJId.^e

stock

Shares
30,090
30,000

,

Richards & Co
m«R" Staats & Co
ame

l»U

capital

2601.

set

,

8,000 i
5,000

Dempsey-Tegeler & Co
Revel Miller & Co.
Kenneth

&

Inc.

Eichler &

net

proceeds

will

to selling

go

This
ment

market.

stockholders.—V. 179, p. 2601.

Jpi

oper.

s

Erom

-V
v"

rv

1953
$258,158
€6,041

$327,380
122,050

21,429

12,240

^41,584

1,196,187
351,190

V7o°Per- income

179.

P.

2644.




97,092

1,470,412
556,207
192,672

incident to mining operations.

1,445,806
479,261

corporation on June 28 filed with the SEC a registration state¬
200,000 shares of common stock ($5 par).
W. Danser, Jr., President,
said the issue will probablv be

Union Bag & Paper

1951

See

Arkell

168,418,,

&

Smiths,

Corp.—Sells Plant—

above.—V.

178,

p.

Union Oil Co. of

23 filed a letter of notification with the
of common stock (par one cent) to be
per' share, through Petroleum Finance Corp.,
The proceeds are to be used to pay for expenses
June

Okla.
activities.

Virginian Ry.—Earnings—
'

May—
Gross

from

Net

from

Net

ry.

From

Gross

oper.
Jan.

from

Net

from
ry.

—V.

railway

railway

p.

1,154,444

1,175,380
681,591

658,231

14,541.211
5,040.932

15,984,013
5,613,554

2,868,958

3,011,432

*1951

1952

$3,922,863
1.588,998
712,892

$4,103,727
1,810,784
750,832

20,390,637
7,830.314
3,918,094

18,500,059
7,891,404
3,654,308

1—

railway

railway-

oper

179,

income—

1953

1954

$2,926,632. $3,243,086

.income—

2645.

■

•;

i

-i

2202.

California—Calls Debentures—

America—Secondary Offering—A sec¬
10,000 shares of common stock (par
was made on June 21 by Blyth & Co., Inc. at
$15.75 per share, with a dealer's discount of 40 cents per
share. It was completed.—V. 179. p. 1974.

on June 29 called Its outstanding 3%%
convertible
debentures due 1972 for redemption on July 29,
19 54

103.514%, inclusive of interest to the redemption date.
The
debentures are convertible Into the company's common

Corp. of

ondary offering of

company

subordinate
at

cents

mining

to

Vitro

27,400

on

3,000,000 shares

ten

at

incident

With SEC—

publicly about July 21 through underwriters headed by A. C.
Allyn & Company, Incorporated, Chicago.
Mr. Danser,
Jr., stated the proceeds will be used to finance new
business the corporation now has on hand and especially to expand
lis
rapidly growing Temtron Air Conditioner for which a substantial
backlog of orders is under negotiation.—V. 179, p. 2374,

$292,537
83,590

470,472
178,708

Industries, Inc., Grand Junction, Colo.—Files

corporation

covering

offered

offered

The

r,ailway
railway———

expenses

covering

Jan. l—

SSfrrSn°m
qet

1952

lf54

income___

to pay

Uranium
The

SEC

Net

$253,729
80,749

i. om railway
l:,0m rallwav
ry.

used

Harold

Texas Mexican Ry.—Earnings—

3rol?7

be

Ultrasonic Corp.—Registers

3,000

Offered
-Schneider, Bernet & Hickman, Dallas, Texas, on June
b
offered 16,000 shares of common stock (par $1) at
The

to

five

at

Oklahoma City,

4,000

Texas Instruments, Inc., Dallas, Texas—Stock

the

offered

5,000

ACo.—I

Durst,

Ellis & Co

covering

SEC

are

June 18 filed a letter of notification with the
5,000,000 shares of common stock (par one cent) to be
cents per share,
without underwriting. The proceeds

corporation on

The
Shares

Bateman,

•

i 11

below:

forth

Wager.seller

&

10,000
p.

I/IIC

i,IUUi

Dallas, Tex.—Files With SEC—

shares

50 cents)

.

54

Wabash
May—
Gro-s
Net

Net

ry.

'.tp

from
rv.

-HV.

•if

per

•y :

It

I

45.301.172
9.347,777

48.918.376
12,992.355

46.816,465
11,828,274

3.246,267

5.416,111

4,638,971

&

Net

—V.

179,

shares

3,000

of

stock

common

dealer's discount of 50 cents

a

$7,616,800

debentures,

due

June

on

of

outstanding
1.

June

principal

1974.—V.

179,

it

Whitman.

The

May
tional

n

the

right

shares

Co.—Stock

recently

company

15

of

of

5r*

issue

to

of

financing

offered

subscribe

to

stock

common

to

Offered—
its

on

of

the

S5i

(par

$10

at

14

June

for

will be

made

MAY

FOR

share on

per

from
ry.

the basis

of one new share for each
15 shares held
(with an oversubscription
privilege i. This offering was not underwritten.
The proceeds are to be used to pay for improvements and additions
to property.—V. 179, p. 2293.

Gross

Jan.

from

Net

ry.

—V.

179,

1.983,350
461,628
171,500

1955

in

enter int*
pursuant to
which

it

amounts

not

to

exceed

are

$5,00o.o67

$4,273,875

pending a plan for permanent financing.—V. 179,

1,675,608

1,250.685

1,269.643

700,175

646,279

77,528

p. 49.

$4,625,757

912,096

19.150.326

19.150.326

20,736,584

3,895,188

5.324.996

7.734,963

1,838.527

1,898.527

2,133,076

3,194,815

income—

Seguin, Texas—Files With SEC—

Wuest's, Inc.,

22.484,100

3.895,188

2417.

through

borrowings

bank

to be made

railway

p.

agreement with four banking institutions

make

The

SEC

corporation

covering

offered

June

on

1,150

filed

21

letter of notification

a

5Vz7o

shares of

cumulative

preferred

a^ par ($100 per share), without underwriting.
be

to

are

j

1

180,600

time; and the Commission has
given
interested persons until July 14, 1954, to request a
hearing thereon
The, company has a construction
program which involves
estimated
expenditures of $1,300,000 for the year 1954. The bank borrowings

1—

oper.

450,473

197.489

has applied to the SEC for authorization to

company

credit

1951

railway-.

from

Net

424,088

179, p. 2645.

may

MONTHS

419.277

oper.

From

of

$3,927,754

railway
!_
railway
income___

366,570

233,839

33,483

$1,000,000 outstanding at any one

in
the

treasury

Part

1952

1953

1.942,559

income.

oper.

This
a

expenditures.-

FIVE

FIRST

AND

1,988,451

1951

$396,089
91.422

Wheeling Electric Co.—To Borrow From Banks—

reimburse
the
last 3*4 years.

to

the

during

future modernization

for

from

Net

addi¬

bonds

mortgage

used

74,097
40,067

railway

from

selection

had announced plans to sell this year about $6,500,000
first

1954

Net

record

of

22,386

Interstate

23.729

1,806,739

railway..

from

ry.

—V.

according to F. B.
issued
would in any case
Commerce Commission.

bonds

28,624

restore to
without first

company's

the

on

51,202

to

improvements,

future

Any

consent

EARNINGS

Gross

stockholders

common

before

or

restrictions

required

proposal

a

mortgage
bonds
stockholders.

first

preferred

remove

expenditures

funds

2853.

to

approved

30

1952

$388,780

50,039

inccme.

oper.

1954

From Jan. 1—

Gross

Co.—May Sell Bonds—

June

right

President.

prior

for

new

RR.

approval

additional

part

had

of

amount
p.

ry.

Net

was

methods

of

that

4,210,391

on

1953

$374,580

railway

from

$7,328,401

3.201.415

May—

W7est Ohio Gas

ii

the

the

effect

require

announced

30

$4,708,275

984,450

Pacific

The company

Exchange

$1,730,036

741,733

stockholders

The

2709.

p.

SI,175.535

2645.

p.

obtaining

share.

per

op.

inc._

ry.

oper.

management

(no

Inc.—Listing of Debentures—

Stock

listing

sec¬

,

■"i

Net

Net

June 15 by Blyth & Co., Inc. at $16.25

on

Webb & Knapp,
for

from

rev.

railway

The

Offering—A

Co.—Secondary

qiuckly completed.—V. 179,

American

oper.

Western

Swasey

made

fund

2.792.020

4,366.600

offering of

approved

expenses

2,505.889

Monday, July 5,

.

1954

.

Net

Net

share, with

sinking

$21,172,559
12,672.576
13,844,158

$4,522,056 S17.580.851

S3.681.424

railway-

from

Gross

.

.

$331,074

May—

1954—5 Mas.—1953

1954,—Month—1953

Chronicle

Alabama—Earnings—

Western Ry. of

Ry.—Earnings—

31—

revenue-

oper.

Railway

2853.

was

The

Railway

46.974.042
12,300,393

income.__

p.

was

*;!]

492.403

2.299.980
918,428

railway...

ondary
par)

2,014,517
819,785

$9,362,938
2.354.415
650,786

1—

Warner

il"

59,094.617

1.423.018

railway

oper.

179,

$9,7o6.b79

$8,715,533

income

Jan,

Net

Period Ended May

1951

1952

1953

1954

railway

from

Net

'

railway

oper.

From

'

*

from

Gross

Western Maryland

RR.—Earnings—

.

from

and Financial

The Commercial

(102)

used

to

pay

for equipment

and

with

stock

The

the

to

be

proceeds

inventories.

-i!f:

STATE AND CITY DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS*

ALABAMA
Calhoun County (P.

Rosenfeld, Divelbess & Robinette,

Alabama

Pima

Warrant Sale—An issue of $1,083,000 3%, 3M>% and 3%% State
Gasoline

Tax

rants

t

(P.
Bond

sold to T. U.

was

Anticipation

&

i

!■

1
»

if

i

for

1, 1954 to May 1, 1974
inclusive.
Legality approved by
White,
Bradley,
Arant,
All
&
Rose, of Birmingham.

1, 1954.

1957 to

Due

011

?
1,

int

&

.

,

_

°£

In¬

Los

Angeles

County

sealed

receive

Clerk,

10

will

of

$41,000

Principal and interest (J-J)

warrents

obligation
sold

was

to

Jf

refunding
Hendrix

Mayes, of Birmingham,

*•/

1WIIU
Bond

c

,

»,
Placer

&

100.51,

America

,

.

n.

L.

3s,

Linda

at

Trust

of
price

a

—

bids

School

Offering
his

at

'{he

J.

office

in

nell,

macker

°f

1954-

Uirmingnam.

to

Warrant Sale—An issue of $13
000
was

Mi

i !■*!

i'fj
i

general
sold

^

-

obligation warrants
Watkins. Morrow &

to

Bond

ingham.

_

4

Bond Sale—The $400,000 dormi¬

bonds

revenue

offered

June

30—v. 179, p. 2751—were awarded
to the Federal
Finance

Housing and Home
Agency, as 3.01s, at par.

Casa

Clerk,

will

Pederson,

receive

sealed

bids until

2

1,404

12 for the

purchase of $85,000

and

fire

p.m.

(MST)

station

Dated

June

on

July

jail

payable
office.

the

Sutcliffe, of San

(DST)

Sale—The $260,000 build¬

Bank

of

Los

Angeles,

Paine, Webber, Jackson & Curtis,
Chicago, Dean Witter & Co., San
Francisco,
and
Taylor
&
Co.,
Beverly Hills, as 2!/4S, at a price
of 100.04, a basis of about 2.24%.
Hilt

bids
10

Elementary School District,
Siskiyou County, Calif.

at

his

office

in

Yreka, until

(PDST) on July 13 for the
purchase of $58,000 building
a.m.

bonds. Dated July 1, 1954. Due

July

sive. Principal and interest

1954.

Due

1

from

1955

to

1979

on

inclu¬

(J-J)
payable at the County Treasurer's
office. Legality by Orrick. Dahl¬
quist, Herrington & Sutcliffe, of
San

B

.

o n

d

S

a

1

e

—

The

Dated

proved

Santa

by

O'Melveny

$1,500,000

Francisco.

| ings Association, of San Francisco,
a

price of 100.003,
of

about

$450,000
from

525,000
from

525,000
from

net interest

a

2.07%,

2V4S.

Due

1955

134S.
1961

to

on

1960

Due
to

214s.

as

follows:

July

15

inclusive.

&

Myers,

July

15

1967 inclusive.

Due

on

July

SCJ?00^ bonds.

Trust

&

Savings

Bank, of Chicago. Weeden & Co.,
Merrill Lynch, Pierce, Fenner &
Beane, J. Barth & Co., Dean Wit¬
ter & Co., Heller, Bruce &
Co.,
Schwabacher & Co., Lawson,
Levy
& Williams, Kaiser & Co., Stone

&

ing bonds offered June 29—v. 179,
2646—were awarded to a group

p.

Durst,

of Los

Angeles.

Gross.

Rogers, Barbour. Smith & Co., of
Los

Angels,

Irving

Lundborg

u.e ?n

Dated

J Torr!
Principal
y

payable at the Sharon

Hartford.
FLORIDA
John B. Stetson University

■

(P. O. DeLand), Fla.
Offering—Sealed bids will
be received at the President's ofBond

fice, Elizabeth Hall, Deland. until

bonds. Dated Feb. 1, 1954. Due on

&

Co., of San Francisco, Redfield &:

due

in 1965 and thereafter

callable. Legality

Marshall,

Caldwell,

approved by
Trimble &

Mitchell, of New York City.

,

Largo, Fla.
Certificate Offering—P. R.

kins,

Mayor,

will

Jua-

receive sealed

of the Harris Trust & ! bids until 8 p.m. (EST)'onJi1*13
Savings Bank, Cruttenden & Co., for the Purchase of $<5 000 sewei
both of Chicago, and J. K. Mullen
; revenue certificates Dated Jan. i.
Investment Co., Denver, at a price 1954- Dlle °n Jan- 1
,fl'om
of 100.02, a net interest cost of 1973 inclusive. Certificates due m

composed

about

2.08%,

sin^nnn
$105,000

dc

as

follows:

n,,0

™

rw

^•DueomOct. 1 from
1
t'

1° 1

81k nnn

315 000
Jlo,000

n,

1964 to 1967

1968 and

o

»

tn4ibfi?"
2^ Due
2s. rtl

1

nn

on

t

1 from

r

nlf'
Oct.

i
1

f
from

Oct.

ph_n'

M

.

vnrk

ritv

che11' of Ne^ yoik C y>

inclusive.
on

1960 and thereafter are callable as
Jan.1 1, 1959. Principal and interest (J_3) payable at the Chemical Bank & Trust Co., New York
city Legalitv approved by Caldwell> Marshall. Trimble & Mit-

of

*

i

1

1969.

Certificate

3-

Fla.
Offering

Pensacola,

from

Frenkel,

City Clerk

Lamar, G*lo.

—

Comptroller,

j will receive sealed bids until
Offering—Curtis Gentry, I a.m. (CST) on July 21 for the
City Clerk, will receive sealed purchase of $550,000 sewerage imbids until 7:30
p.mTCMST) 0n July prove ment certificates. Dated
Bond

7 for the
eral

purchase of $500,000 gen-

obligation

ment

Due

water

improve-

bonds.

Dated^Aug. 1, 1954.
Aug. 1 from-1956 to 1972

on

Youngberg, H. E. Work & Co.,
mclusive. Bonds due in 1965
all of San Francisco,
Wagenseller thereafter are callable as of
&

.

National Bank, or at the Hartford

$1,000,000 build¬

265,000 2*4s. Due

1968 to 1974 inclusive.

Harris

July 7 at the office of

on

:

are

Arapahoe County Sch. Dist. No. 6
(P. O. Littleton), Colo.

15

Other members of the syndicate:
First
Boston
Corp., New York

City,

p.m.

Berry & Howard, 750 Main
Street, Hartford, for the purchase

Bonds

COLORADO

iqvr
on

re¬

2

Feb. 1 from 1957 to 1994 inclusive.

Bond Sale—The

1 of America *"-a:—1 m—* 0 ^
A
National Trust & Sav-

cost

will

until

Day,

Ana,

July 6 for
of $53,000 building
July 15, 1954. Due

of Los Angeles.

building bonds offered June 28
—v. 179, p{. 2646—were awarded
to a syndicate headed by the Bank

at

bids

payable at the County ill a.m. (EST) on July 16 for the
Lrf.a^rers office. Legality ap- purchase of ^30,000^ dormitory

—

improvement

at the City Treasurer s
Legality approved by Gust,




&

1,

June 1 from 1955 to 1969 inclu¬
sive. Principal and interest
(J-D)
on

sec-

and

County Clerk, will receive sealed

>4,308

bonds.

at

Bond Offering—Waldo J. Smith,

Grande, Ariz.

Bond Offering—E. M.

City

Principal

payable

sealed

}

San Bernardino High Sch. Dist.,
\ San Bernardino County, Calif.

1955

Excelsior Union High School Dist
Los Angeles County, Calif.

California

College (P. O.
Tempe), Ariz.

tory

from

ing bonds offered June 29—v. 179,
p. 2854 — were awarded to the

v

Arizona State

I

JJernngton

Dumas, O'Neal & Hayes, of Birm¬

...

1

^ounty Tr^surer s office. Legallry apprpved by Ornck, Dahlquist, j
Francisco.

•

•

Sept.

(M-S)

Co., of Birmingham, as 4^s. Dated
April 1, 1954.
Interest A-O.
Le¬
gality
approved
by
Thompson,

ARIZONA

0,059

5

on

inclusive.

interest

McKenz'e, Ala.
i-i*

Due

Treasurer,

Town

ceive

on

e'

(P. O. Sharon), Conn.
Offering—Ruth S. OCon-

Bond

on

a

'

a

National Bank & Trust Company,

Smith,

^

ara- (PDST) on July 6 for
purchase of $64,000 school

the

2.10s, at 100.28,

1953 to 1974 inclusive.

District,

B.

—

(PDST)

purchase

bonds.

un,il 9

'

com¬

County Clerk, will receive sealed

Sut-

v

as

San ;
of

Orange County, Calif.
Bond

bids at his office in Los Angeles, j

Reichen-

,

_

^

group

basis of about 2.07%.

and interest

^nge,es County, Calif.

,

'

County, Calif.

Offering
1#..C1-11I1£

.

.

York City,
j

build¬

National

Association,
as

until 2 p.m.

_

a

Sharon

basis of about 2.94%.

a

Yorba

"'ountv Clerk' will re" b.onds' Dated Aug' h I954' Due on
price of 99, a basis of about
^h-e sealed b ds at his office ^ : £Ug' 1 fr0m ]955 t0 1967 inclusive'
4.34%. Dated May 1, 1954.
Due Auburauntil 10
P^¥f
^JnCipal and interest (F"A) pay"
serially from 1955 to 1972
inclu-|July 12?f0r the purchase of $175,-1 iifppat the C°Unty Treasurei'?s
rVGAi
3a
^PPInVeo £ White, 000 building bonds. Dated Sept. 1,
4V4s, at

as

Co., San Franprice of 100.48,

Bond Offering—Harold J. Ostly, on July 15 from 1955 to 1974,
Vi County Clerk, will receive sealed I incbjsive. Principal and interest
^"ci-pai ana interest

Chicago.

r

Warrent Sale—An issue of
$45,-

general

&

of

Savings

pay-

ountcin View School District, Los

County's

a

Sale—The $100,000

Francisco,

Legalitv approved bv Orrick

City

000

&

at the County Treasurer's of-

^

or

Bank

building

Dated A"g'
1954' Due 0n Aug' 1 Dahlqufsl He^rTgton
from 1955 to 1974 Incluslve- Prin- cliffe, of San Francisco.

Ala

Trust

2V4S, at

as

ing bonds offered June 29—v. 179,
p. 2854 — were awarded to the

Smith,

July 6 for the

on

to

posed of White, Weld & Co., East-

Saugus Union Free School District,
Los Angeles County, Calif.

bonds. Dated July 1, 1954. Due on
July 1 from 1955 to 1979 inclusive.

(PDST)

a.m.

(PDST)

purchase

bids at his office in

Angeles, until 9

a.m.

public improvement bonds
July 1—v. 179, p. 2854

awarded

were

basis of about 2.20%.

a

County Clerk, will receive sealed
bits at his office in Yreka, until

? *■? V
June j cipal and interest (F-A) payable '
Legality 3p- ot the Tressurv of Los Angeles
Thompson,
Dumas.
County or at any of The
Hayes, of Birmingham. fiscal
agencies in New York
Guin

cisco,

101.90, a basis of about 2.31%.

Tall- j

District,

^s' a* a Price

as.

.'

American

_.

Bond Offering—Waldo J.

by

UlNeal

of

_

manent

Bond Sale—The $594,000 build- man, Dillon & Go.,.Clark, Dodge
ing bonds offered June 29—v. 479, j & Co., Francis I. duPont & Co.,
p. 2854 — were awarded
to the and Weeden & Co., all of New

Bank of Los Angeles,
Michigan
Corp.,
New
York City, Taylor & Co., Beverly
Hills, William Blair & Co., Chi¬
cago, and Dempsey-Tegeler & Co.,
,

Co., of

Orange County, Calif.

California

First

School

Ana

(P. O. Milford), Conn.
Sale—The $1,963,000 per¬

Bond

offered

Santa

CALIFORNIA

T,,n»

1"54, Interest J-D.

proved

of the Northern

composed

Milford

Oakland.

a

Co., Paine, Webber, Jack¬
Curtis, both of Chicago,

&

ice.m nf cm
011 ^u^y ® *0r
Purcbase of able
? lssue °- $40,- $1,000,000 school building bonds, fice

Montmmp^v

to

Trust

Antelope Valley Joint Union High j
School District, Los Angeles and
j
Kern Counties, Calif.
Bond Offering—Harold J. Ostly,

soTdtonThtn^ongaM^rt,dpUr
of

29—v.

group

An

a

ifi-

1

June

awarded

MacDoeal Elem. School District,

Centre, Ala.
Warrant

h

&

offered

geles, and C. N. White &

Bond

Los

non

iii

Tallmadge

$2,130,000 elec¬

2854—were

p.

son

madge, of Denver.

Feb.

1968 inclusive.

by

bonds

179,

E.

ty Treasurer's office. Legality ap- I

Legality approved by
White, Bradley, Arant, All & Rose,
of Birmingham.
1

V[

d

a r

(J-J) payable at the Coun-

proved

terest F-A.

IJ'V.

h

the

terest

Sterne, Agee & Leach, of Birm¬
ingham, as 2^s, at a price of
100.09, a basis of about 2.49%.
1 from

tion

Ariz.
c

building

Carbon Hill, Ala.

Dated Feb.

O. Tucson),
Offering—R i

purchase
of
$487,000
bonds. Dated
July
1,
1954. Due on July 1 from 1955 to
1974 inclusive. Principal and in-

from Nov.

Warrant Sale—An issue of $12,000 school warants was sold to

hi

Bond Sale—The

Kolb, Clerk of the Board of Su¬
pervisors, will receive sealed bids
until 11 a.m. (MST) on July 19

war¬

Crumpton
Co., of Birmingham.
Dated
May 1, 1954.
Due semi-annualy

4

Los Angeles County, Calif.

County High Sch. Dist. No. 4

CONNECTICUT

Co., of Pasadena, Hill Richards &
Co., of San Francisco, Stern,
Frank, Meyer & Fox, of Los An¬

Inglewood Unified School District,

of Phoenix.

O. Anniston),

1,

1964.

PrincipaT" and

and

Aug.

interest

(F-A) payable at the City Treasurer s

office.

Legality

Denver.

cipal

and

interest

Daw-

(J-D) payable

Clerk Comptroller s
office, or at the Chemical BanK
& Trust Co., New York City. Leat

the

City

approved by Igality approved by

Pershing, Bosworth, Dick &
son, of

June 1„ 1954. Due on June VranJ
1955 to 1969 inclusive. Certificates
due in
1962 and thereafter are
callable as of June 1, 1961. Prin-

Caldwell,, Ma "
of New

shall, Trimble & Mitchell,
York

City.

Number 5339

180

Volume

The Commercial a^Financial

. . .

$300,000 water works bonds. Due

Miami, Fla.

West

1

from

1955

to

Dec.

on

1

IDAHO

The
1954.

from

bonds

payable at

Offering — David E.
Superintendent, will receive' sealed bids until 8 p.m.
/JjST) on July 9 for the purchase
nf $190 000
school house bonds.
Dated July 1, 1954 Due on Nov. 1
from 1955 to
1973 inclusive. Le¬
gality approved by Bannister,
Carpenter, Ahlers & Cooney, of

dated

bank

or

be

a

to

1973

July 1
(J-D)

and interest

Illinois to

in

pany

Bond

1955

;

are

Principal

trust

com¬

of

proved

No.

Miller,

375

building bonds offered

June 30—

179, p. 2855—were awarded to
thq.Mercantile Trust Co., St. Louis,
v.

No.

of Boise, jointly, on a
reflecting a net interest cost
2.47%.

of about

50,000 2V4s. Due

Dec.

on

1, 1968

and 1969.

•,

Butler

Preserve .Dist.
(P. O. Chicago), III.

Cook County Forest

&

Metropolitan District, Ind.

(CST),on July 22 for the
purchase of $105,000 school build¬
ing

Consolidated School
O. Route 5, -

Canton), III.
$30,000

ceive

June 23—v.
2752—were awarded to Ed¬

III.

179,,p. 2752—were awarded to

the

J. R. Stewart,

until

8

the

and

bonds.

enue

Due

Bonds

thereafter

are

1,

1969.

(J-D)
Trust

May
in

due

callable

Principal

payable

1,

as

of

Northern
ap¬

Bond

Hinsdale, III.
Offering

(CST)
chase

bonds.
on

bids

8

of
a

p.m.

July 13 for the pur¬
$525,000 water revenue

Dated

July

July 1 from

elusive.

Bonds

thereafter
1964.

until

are

1,

1954.

1957
due

to
in

callable

1974

at

the

Harris

—

July

Trust

1,

(EDST)

budding bonds
L°uis, at
C^
a.

a

Jan.

2%s.

Sandwich,
bids

July

—1

June

paving certificates,

$55,695.00
Due

the

at

fice.

p.m.

(J-J) payable at the
Bank, Ligonier.

State

1

from

1956

Bonds due in
callable

at

2

p.m.

the

for

pur¬

1994

inclusive.

and

thereafter

of

July

1,

1963.

Merchants

pay¬

National

Bank of Terre Haute.

Legality ap¬
Ross, McCord, Ice &
Miller, of Indianapolis.

proved

White

by

Treasurer's

State

Legality approved

of¬

by Stin-

Mag, Thomson, McEvers
Fizzell, of Kansas City.

Harris

awarded

were

—

to

the

Trust

& Savings Bank of
l%s, at a price of
basis of about 1.37%.

Chicago,
100.02, a

as

28—v.

Offering—Fred

G.

Han¬

Secretary, will receive sealed

bids

until

2

proved by Foley, Cox & Judell, of
New Orleans.

a

Bond

179,

2752

p.

School

bonds offered
—

(CST) on July
29 for the purchase of $6,800,000
Mississippi River Bridge revenue
Dated

July

1

July

from

1954.

1,

1959

Callable

to

as

Co.,

Township (P. O.

1979

in¬
for

as

in parts

of July 1, 1957.

cipal

asj

interest

and

the

at

of July 1, 1964; and

Northern

Prin¬

(J-J)

payable
Co., Chi¬

Trust

to

Bank, as 2Vfes, at
-

-

'

Ogden

M. Conway of the Bankers
Co., Louisville, who are act¬
ing in an advisory capacity for
the College. Mr. Conway informs
us
that
two
days prior to the
original offering date of June 18
a notice was published announcing
the postponement of the sale to
July 8.

Murray State College (P. O.
Murray), Ky.
Bond Offering — Tennie Breckenbridge, Secretary of the Board
of
Regents, will receive sealed
bids
until
10:30
a.m.
(CST) on
July 19 for the purchase of $200,000

revenue

Due

Jan.

township
1

inclusive.

from

bonds.
1956 to

Dated July 1,

bonds.

on

July 1 from 1955 to
Bonds due in

and

are

thereafter

callable

1956

of

as

July 1, 1955.
est

Principal and inter¬
payable at the Bank of

(J-J)

Murray.

Legality approved
by
Chapman & Cutler, of Chicago.

1955

1972

Callable

as

Indep. Sch.

ing

offered

bonds

Corp., and Smith, Barney &
both
of New
York
City,

Co.,

jointly, as 2.10s, at a price of
100.52, a basis of about 2.06%.
MARYLAND

Maryland State Roads Commission
(P. O. Baltimore), Md.
Sale

Bond

awarded

to

Shaw,

a

group

Securities

Corp., Lee Higginson
Coffin & Burr, and the
Michigan Corp., all i of
New
York
City, at a price of
100.05, a net interest cost of about
1.93%, as follows:

Corp.,

First

of

$210,000 4s.
1955 to

Township

2y4s, at

as

a>

Consolidated

School District (P. O.

Waterloo),

Iowa
Bond

Offering—Homer S. Fike,

Secretary of the Board of Direc¬

will receive sealed and oral
2 p.m. (CST) on July 14
the purchase of $185,000 school

—

i960

for

at

1954.

bonds.
Dated Aug.
1,
on
May 1 and Nov. 1

Due
1955

inclusive.

1973

to

gality approved by
Cutler, of Chicago.

Le¬

Chapman

&

Independent Sch. Dist.,

Sigourney

Iowa

Sale—The $200,000 build¬

Bond

bonds

offered June 25
the

Iowa-Des

awarded

to

Bank of Des

were

Moines

Moines.

to

Iowa
Bond

Sale

—

June

were

awarded

Housing

The

$225,000

dormitory
25—v.

and

to

bonds

179,
the

Home

p.

Due

non

of¬

2752—

1 from

July

on

1969 inclusive.

MASSACHUSETTS

Billerica, Mass.
Bond

Offering

sealed
on

Bess

H.

until

re¬

noon

July 14 for the purchase

$150,000

main

water

Aug. 1, 1954.

from

1

H.

Robert

—

bids

1955

to

bonds.

Due on Aug.
inclusive.

1969

Principal and interest (F-A)

July 13 for the purchase of $45,000

Boston.

bonds, as follows:
$25,000 public utility

bds.
20,000 public improvement bds.
Due serially from 1956 to 1974
revenue

Legality
approved
by
Thorndike, Palmer &
Dodge, of Boston.
Storey,

Brockton, Mass.
bonds

(P. O. Gretna),

Bond

Sale—The $700,000
on

awarded

—were

posed

of

bonds

June 23—v. 179, p. 2419
to

Allen

&

a

group

Co.,

of

Co., of New Orleans,

as

interest

cost

follows:

of

30

—

school
179,

v.

nell, Harkness & Hill, .of Boston,
as
1.90s, at a price of 100.32, a
basis

of

New

$500,000 Garbage District No.
bonds, at a price of 100.19,

3.25%,
4s, due

June

1.86%.

about

com¬

York, Townsend, Dabney & Ty¬
son, of Boston, T. J. Feibleman &
Co., of New Orleans, McDougal &
Condon, of Chicago, Scott, Horner
& Mason, of Lynchburg, and Weil
&

offered

2855—were awarded to Dwin-

p.

Louisiana

offered

Sale—The $175,000

Bond

Jeffesron Parish

pay¬

able at the First National Bank of

inclusive.

1
a

about

1

Framingham, Mass.
Sale—The $889,000

Bond

and

incinerator

June

29—v.

W.

E.

bonds

school
offered

2856 -1- were
group composed of
Hutton & Co., New York

awarded

to

179,

p.

a

City, Lyons & Shafto, and George
P. Fogg & Co., both of Boston, as
1
s, at a price of 100.22, a basis
of about

1.72%.

.

follows:
$115,000
on Aug. 1 from 1955
to 1960 inclusive; $90,000' 3s,
due on Aug. 1 from 1961 to

Rowden, Town Treasurer, will re¬

1964

ceive

as

inclusive; $295,000 3V2S,
Aug. 1 from 1965 to

Federal

due

Finance

1974 inclusive.

Agency, as 3.01s, at par.

1965 inclusive.

2s.

1966 to

July 1 from

on

Heard, Village Clerk, will receive
sealed bids until 2 p.m. (CST) on

net

Simpson College (P. O. Indianola),

inclusive.

1962

to

1963

420,000

Dated

Mrs.

•

'

300,000 l%s. Due

of

Haughton, La.
Offering

1 from

July

on

90,000 IV4S. Due July 1, 1959.
270,000 IV2S. Due on July 1 from

(DST)

LOUISIANA

tors,
bids

Due

1958 inclusive.

Fowler, Town Treasurer, will

Grafton, of Louisville.

Bond

con¬

179, p. 2753—were awarded to
composed of the Union

v.

ceive

&

$1,290,000

revenue

struction bonds offered June 29—

1957. Interest A-O. Legal¬
approved by Wyatt, Grafton

were

McDermott

Co., of Des Moines,
price of 100.39.
Orange

29

The

—

highway

county

of

Dist., Iowa

June

improvement bonds
179, p. 2855—

awarded to the Union Secu-r

the

inclusive.

'

$700,000 re¬

were

purchase of
$50,000 hospital bonds. Dated Jan.
1, 1953. Due on April 1 from 1968
to

The

rities

County Court Clerk, will receive
bids until 11 a.m. (CDST)
for

—

offered June 30—v.

sealed

15

Sale

funding and

County (P. O. Owenton),
Kentucky
Bond Offering—Harold Hughes,

July

Due serially

inclusive.

1964

to

Augusta Water District, Me.
Bond

Owen

on

sealed

MAINE

latter

according

receive

will

the

P.

Sale—The $236,000 build¬

fered

Sale consists of:

$27,000 school

from

Bond

&

tax-exempt

-

The

18."

in error,

was

that

Ralph B.

—

certificates.

sewerage

"unsuccessfully

June

on

Offering

July 8, the

say

Sewerage Dist.

bids until 7 p.m. (CST) on Aug. 2
for
the
purchase
of
$35,557.02

Oct. 1,

awarded to the Sel¬

State

par.

1974

offered

on

to

on

beei^

statement

ity

Legality approved by ChapCutler, of Chicago.

Sale—The $70,000 School

on

had

cago.

National

Township bonds offered

went

issue

Due

whole

a

refinancing

were

basis of about 2.30%.

June 28 were

Due

report

Parish

(P. O. Houma), La.

Bisland, Secretary of the Board of

p.m.

Indianapolis, as 2%s, at a price

100.56,

re-offered for sale

1974 inclusive.

City of Clinton Bridge Commission
(P. O. Clinton), Iowa
Bond

179,

2855—that the $450,000 dormi¬
tory revenue bonds were being

1954.

sen,

in—v.

Callable as
Legality ap¬

1955.

Supervisors,

Ky.

Postponement

noting

1955 to

1, 1954.

1,

Terrebonne

p.

Sale—The $300,000 hospi¬

179,

March

Certificate

Richmond),
Sale

1 from

&

Kentucky State College
for

F

March

inclusive.

No. 3

O.

certificates.

series

on

Dated Aug.
of

KENTUCKY

County (P. O. Monticello),

2752

p.

from

Sale—The $76,000

and Civil

i

to
1964
as

the

building

(P. O. Leesburg),

Township

lersburg




8

Sellersburg), Ind.

Sadie Aska,

until

9

re¬

certificates.

March 1 from 1955 to

on

Due

dated

are

son,

Eastern

follows:

as

E

series

597,541.28

1973

Aug. 1,
Principal and interest pay¬

1954.
able

A.

Rodemacher, Clerk of the Board
of Trustees, will
receive sealed
bids until 10 a.m. (CST) on July
13 for the purchase of $653,236.28

1964

bonds

.

ing

III.

°f $385'-

C.

July 15, 1955 to
1967 inclusive. Principal

Silver Creek

at

imf-i'\ wil1 receive sealed
fi i30 p'm" (COST) on

until

awarded to the Fletcher Trust
of

will

$225,000 water works re¬
funding and improvement bonds.
Dated July 1, 1954. Due on
July

from

and Civil Township

of

bids

July

on

11,

e

chase of

Bond

Ellsworth

—

bids

sealed

15,

Bond

jo

3, 1954. Due on

Indiana

100.05.

$700,000 buildD L.°,nds offered June 30—v. 179,
comnn^Were awarded to a group
Bantr
n?
First National
San tt
Chicago, Weeden & Co.,
of voran"sC0' and Coffin & Burr,

Citv>11r,i

The

&

interest

Plain

in?rdSale~The

as

13 for the

anapolis.

offered June

about 2.36%.

1

Legality approved by Ross, Mc¬
Cord,
Ice
&
Miller,
of Indi¬

School District
(P. O. East Moline), III.

mouw. basis of
u-19, a Kork Gity-

until

Township Trustee, will

American

{s^an£f Ccunty

37

bids

July

on

Offering

annually

$360,000 hos-

price of

Authority

(CST) on July 15 for the purchase
of $72,000 school building bonds.
Dated July 15,
1954. Due semi¬

*v' I ' p" 2^b4—were award¬
to
Newhard, Cook & Co., of
•

1955 to

from

1

Clarified—In

i

r u

Township

receive

and

ed

sealed

(CDST)

on

of $1,000,000 temporary

:Peterson,

Massac County,
County Hospital
District (P. O.
Metropolis), III.

90

ceive

clusive.

Ligonier), Ind.

about

P

Clerk-Treasurer,

bonds.

School Township
(P.O. Rural Route No. 3,

Perry

*oD%.

ni??nud Sale — The

Bank,

100.04,

Aug. 5, 1955.

&

Bond

of

sealed

Dated Aug.

notes.-

$360,000 fire
building bonds

basis

State

2V8S, at
2.12%.

Offering —The

purchase

The

a

Town

R.

—

IOWA

Housing Authority, Ind.

p.m.

were awarded
to the First Nation¬
al Bank of
Chicago, as 2V2S, at a

101-32>

Offering

at

2752—were

p.

ini
and

offered June 28—v.
179, p. 2854—

ot

Hailstone &

First
as

about

receive

LaGrange, III.
and police station

of

will

Savings Bank, Chicago.
Legality
approved
by Isham, Lincoln &
Beale, of Chicago.

Bond Sale

the

to

basis

Note

Principal and interest (J-J)

payable

179,

Valparaiso,

Muncie

Due

1965
on

2855—were

p.

township bonds offered

awarded

C.
re¬

on

of

Lafayette, La.
Offering—Curtis

Certificate

1969 inclusive.

Aug.

(P.

West Terre Haute, Ind.
Bond

Sale—The $110,000 school

civil

June 25—v.

on

Dorothy

—

179,

Morgan Township (P. O. R. R. 2,
Valparaiso), Ihd.
and

sealed

on

inclusive,

Reason

tal bonds offered June 29—v.

Co., of Cincinnati, as 2%s,
100.11, a basis of about 2.60%.

Dec.

Chicago.

ceive

(CST)

a.m.

187,000 storm sewer bonds. Due

Indiana

The

—

awarded to Frank E.

and

Kammeyer, Village Clerk, will

Sale

June 24—v.

on

1977

Legality

a

$25,000 fire
fighting equipment bonds offered

proved by Chapman & Cutler, of

Bond

W.

receive

clusive.

anapolis.

Bond

interest

and

Co.,- Chicago.

at

Co., Chicago,
price of 100.10, a

Jonesboro, Ind.

1954.

1970

the

at

2V8S,

Bond

rev¬

1955 to

from

1

inclusive.

p.m.

(CST) on July 7 for the purchase
$100,000 street
improvement
bonds. Dated July
1, 1954. Due
semi-annually from July 1, 1955
to Jan. 1, 1965 inclusive. Interest

basis of about 2.10%.

on July
$415,000

of

sewerage

Dated

Dec.

on

(DST)

p.m.

purchase

works

2

Northern Trust

as

Village Clerk, will receive sealed
for

until

of

able

Bond Sale—The $80,000 school
building bonds offered June 29—

Cullinane, of Havana, as

v.

bids

bids

Township School Township Principal and interest (J-J)

(P. O. Crown Point), Ind.

2!/2S, at par.

water

sealed

Kenneth

will

Clerk,

Aug. 1 from 1955 to 1964 in¬

Bond
say,

Kan.

—

$150,000 street and sidewalk im¬
provement
bonds.
Due
on

on

Offering—Mary A. Ram¬
City Clerk-Treasurer, will re¬

inclusive.

follows:

Tipton, Ind.

are

Center

ing %onds offered on

—

Dated

build¬

Sale—The

Glen Ellyn,

bonds.

July 1, 1954.
Due semi-annually from
July 1,
1955
to
Jan. - 1,
1960 inclusive.
Interest J-J.
Legality approved
by Ross, McCord, Ice & Miller, of
Indianapolis.

District No. 320 (P.

Bond Offering

Trust

Co., all of Indianapolis, as 23/4S,
100.27, a basis of about 2.71%.

at

City

•

on

July 14 for the purchase of $335,600 general obligation bonds, as

Legality approved by Ross,
McCord, Ice & Miller, of Indi¬

p.m.

basis of about 1.42%.

179, p.
ward F.

group

Indianapolis Bond & Share
Corp., and Raffensperger, Hughes

will receive sealed bids until 7:30

"Z" corporate bonds offered
June 29 — v. 179, p. 2752 — were
awarded to Glore, Forgan & Co.,
New York City, as IJ/2S, at 100.43,

Bond

a

Fletcher

the

Co.,

Offering—L. F. Tombow,
Secretary of the School Board,

ries

Fulton County

$80,000 school

awarded to

of

Hoar,

Bend,

Offering

as

inclusive; $118,000 3x/is, due
Aug. 1 from 1965 to 1974

KANSAS

sealed bids until 10

township bonds offered

were

composed

,

26

civil

May 15

Bank, of Humboldt.

Great

Winamac), Ind.

Sale—The

were

Trust

Humboldt

the

&

Bond

Sale —The $1,000,000 se¬

Bond

& Savings

28

June

offered

to

about

of

cost

follows: $45,000 4s,
due on Aug. 1 from 1955 to
1960 inclusive, $37,000 3s, due
on Aug.
1 from 1961 to 1964
3.24%,

$22,000 build¬

J-J.

INDIANA
ILLINOIS

a

1,

and' 'C.

E. Bohlander &
"B" School District No. 312
Co., of
Bloomington, jointly, at par, as
Shoshone), Idaho
Bond Sale—The $220,000 build- follows:
in^ bonds offered June 28—v. 179, $245,000 13/4S. Due on Dec. 1 from
2752 — were awarded to the
1955 to 1963 inclusive.
Continental Bank & Trust Co.,
100,000 2s. Due on Dec. 1 from
1964 to 1967 inclusive.
Salt Lake City, and Wegener &

bonds

ing

awarded

price of 100.19, a

a

interest

net

Iowa

Sale—The

Bond

(P. O.

Daly Corp.,

Ice

Tippecanoe Township (P. O. Route

and

and
Livingston
Community Unit Sch. Dist.

(P.O. El Paso), III.
Bond Sale—The
$395,000 school

Class

bid

by Ross, McCord,
of Indianapolis.

Bond

Woodford, McLean

Jerome Counties Joint

issues are dated June 1,
Principal and interest (J-J)
payable at the Sellesrburg State
Bank, Sellersburg.
Legality ap¬

Chicago.

Counties

Moines.

Both

1954.

bonds, at

Independent School District,

Bond

designated

by the successful bidder.
Legality
approved by Chapman &
Cutler,

Tones

Thor

inclusive.
bonds. Due

sewer

inclusive.-:*

Elk Horn Consolidated
Indep. Sch. Dist., Iowa

lincoln and

4

43,000 civil township bonds. Due
on
July 1 from 1955 to 1974

1973

inclusive.

85,000 sanitary

Horn,

Des

Dec.

on

Offering—H. N. Buchner
Town Clerk, will receive sealed
bids until July 19 for the purchase
of $85,000 storm drainage bonds.
Bond

Flh

Chronicle

200,000

on

Garbage

Leicseter, Mass.
Bond

Offering

sealed

bids

—

Newton

until

H.

noon

(DST) on July 8 for the purchase
$700,000 school project bonds.

of

District

No.

2

Dated Aug.

1, 1954.

Due

on

Aug.

Commercial and

The

I 1
1974 inclusive.
Principal and interest payable at
the Second National Bank of Bos¬
ton.
Legality approved by Ropes,
Gray, Best, Coolidge & Rugg, of
to

1955

tp from

$50,000 water bonds. Due on July
1 from 1955 to 1969 inclusive.
1 from

Lowell, Mass.

-

t

,

1

bonds

The

proved

Dwinnell,
Hill, and the Rock¬
land-Atlas National Bank, both of

!!;!
'

IF

■

!•

•

Boston,

100.28,

at

1955 to 1964 inclusive.

Ardle, City Treasurer, will receive
Sealed bids until 11 a.m. (DST) on

July 7 for the purchase of $100,000
street
and sidewalk paving
Dated

bonds.
on

July

Due

1954.

1,

1959 in¬
interest
First Na¬

1 from 1955 to
Principal
and

July

clusive.

(J-J)

payable

tional

Bank

the

at

of

Boston,

at the

or

Treasurer's office. Legality
approved by Storey, Thorndike,
Palmer & Dodge, of Boston.
City

Authorities

Masachusetts Housing

Offering

Note

—

Chairman

The

authorities will re¬
office of

of the issuing

bids at the

ceive sealed

thje State Housing Board, 90 TremontSt., Boston, until noon(DST)
on July 7 for the purchase of $37,031,000 State-aided veterans
ects

notes,

as

Bond

ceive

(DST)

on

of

Somerville

Dated

July 15, 1954.' Due on July
1955

from

Palmer

Thorndike,

&

of

Dodge,

Winthrop, Mass.
Offering

Bond

W.

George

—

on

until

bids

sealed

(DST)

noon

July 15 for the purchase

July 1, 1954.

$600,000

1955

1-25-55

school

bonds. Dated

Due on July 1 from
1974 inclusive.
Principal

to

interest payable

at the First
National Bank of Boston. Legal¬

approved

Thorn¬

Store,y,

by

dike, Palmer & Dodge, of Boston.

194,000

7-26-55

Worcester, Mass.

7-26-55

Note
enue

tional

7-26-55

839,000

awarded to the Na¬

were

Each

issue

opinions

legal

of

July

either

Thorndike, Palmer & Dodge, or
Ropes, Gray, Best, Coolidge &
Rugg, both of Boston.
Principal
and interest oft the issues listed
hhder

Group

the

Second

Boston,
for
Group B at
mut
sue

A

will

payable

be

National

of

Bank

those
listed
the National

under
Shaw-

Bank, of Boston, for the is¬
under Group C at the

listed

First

National

and

Bank,

the

for

issue

of

Boston,

listed

Company,

Boston.
New

York

City, if de¬

awarded

to

a

group

com¬

Halsey, Stuart & Co.,
Blyth & Co., Harriman Ripley &
Co., Phelps, Fenn & Co., B. J.
Van
Ihgen & Co., and Wm. E.
Pollock & Co., all of New York
City, at a price of 100.06, a net
interest

of

cost

about

1.79%,

Note Sale—An issue of

discount.

»>;■

!
-

.

r ■

Boston, at 0.437%

Due

to

1955

1961

810,000 1 %s.
1962
Benton

to

May 1 from

on

inclusive.

Due

1969

on

May 1 from

inclusive.

Township School District
(P. O. Benton Harbor),

No. 6

ing bondp offered on June 23—v.
179, p. 2752 — were awarded to
Walter

J.

June

30

were

County

Trust

Co.,

Dedham, at 0.36% discount.
The notes are dated June 30,
1954, and mature on Dec. 21, 1954.
Principal and interest payable at
the

National

Shawmut

Bond

notes

awarded to

Bank

of

Legality approved by
Thorndike, Palmer &

Storey,
Dodge, of Boston.

Offering

Town

Treasurer,

will

clusive.

Bonds

thereafter

1,

1960.

proved
dock

•

1

of

—

Dolores E.

are

due

in

callable

Principal
a

1961
as

and

of April

and

interest

bank

or

trust

to be designated by the
bidder.

Legality

ap¬

by Miller, Canfield, Pad¬

&

purchase of $65,000 bonds, as fol¬
lows:
* '

Corp., Detroit, Barcus, Kindred &
Co., Chicago, Stranahan, Harris &
Co., Toledo, and Watling, Lerchen
& Co., Detroit, on a bid reflecting
a net interest cost of about 2.57%,

110,000 23/4s. Due on June 1,

street

Rural Agricul(P. O. Croswell),

1961 to

Greenville, Mich.
Bond Sale

eral

bonds

fered

Boyne City, Mich.
Bond

quist,

Offering

City

—

2856—to July 7.

1

Sund-

Clerk,

will receive
(EST) on
July 13 for the purhcase of $320,•

sealed bids until 8 p.m.

School District,

Hart

Offering

—

Myron A.

Stevens, City Clerk, will receive
sealed bids until 8 p.m. (EST) on

for the purchase of $230,-

July 13

special

assessment

bonds,

as

179,

v.

the

and

to

serially

1964

interest

on

1,

June 1 from
Principal

inclusive.

J[^-D) payable at the

/

Sch.

No.

Dist.

5

(P. O. Millett), Mich.
Bond Offering—Gay lord

Hogan,

Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
til 8 p.m. (EST) on July 7 for
the purchase of $75,000 school site
and building bonds. Dated July 1,
1954.
Due on
July 1 from 1956
to

1972

of

inclusive.

and

Bonds

thereafter

are

due

in

callable

July 1, 1959. Principal and
(J-J) payable at a bank

trust company

to be designated
by the successful bidder. Legality

or

approved

by

Miller,

*




f

-w

Paddock & Stone,

Canfield,

of Detroit.

May
Principal and interest
(M-N) payable at a bank or trust
company to be designated by the
1958.

1,

successful

bidder.

Legality

ap¬

proved by Berry, Stevens & Moor¬
man, of Detroit.
County (P. O. Mount
Clemens), Mich.
Offering — Thomas
A.

Bond

Babcock,

Secretary of the Board
County Road Commissioners,
receive sealed bids until 2

of

will

p.m., (EST)
on July 13 for the
purchase of $310,000 Warren
Township special assessment dis¬

tricts

paving bonds.

1954.

Due

on

Bonds

thereafter

and

1956

Dated May 1,
1 from 1955

May

inclusive.

1959

to

due

in

callable

are

of May 1,

1955. Principal and
(M-N) payable at a bank
or trust company
in Michigan to
be designated by the successful
bidder. Legality approved by Mil¬

as

Canfield,

ler,

reflecting

Marlette

bid

a

net

Bond

Mich.

Jackson,

Paddock &

Stone,

Community Sch.
Michigan

Sale—The

Dist.,
Wil¬

Offering—Robert J.

lis, Secretary of the Board of Ed¬

$699,000 water

supply system revenue bonds of¬
fered June 29—v. 179, p. 2521—
were awarded to a group composed

ucation, will receive sealed bids
until 8 p.m. (EST) on July 13 for
the purchase of $390,000 building
bonds. Dated March 1, 1954. Due

of

on

Halsey, Stuart & Co., Chicago,
Watling, Lerchen & Co., and Mc¬
both of De¬
price of 100.002, a net
of about 1.96%, as

a

cost

3s.

$80,000

Due

July

on

1,

1955

1956.

and

June

1

Due

on

July 1 from

thereafter

Kalamazoo

Offering

ceive

on

on

Joseph A.
7

until

s p e c

Dated

i

a

July

1 assessment
1, 1954. Due

Oct. 1 from 1954 to 1963 inclu¬

sive.

Callable

on

30 days'

&

National

American

the

at

jriS

W

approved by Berry,
of Detroit.

I

Marshall, Mich.
Bond Sale—The

$300,000 sewage

system bonds offered
28—v.
179, p. 2648—were

June

P
i

TrUst

to

of

Braun,

Township Reeths-Puffe*
Agricultural School District No. 7
Fractional (P. O. Muskegon),
Michigan

Muskegon

Offering

Bond

—

Sealed bids
Secretary

will be received by the
the

of

Board

of

Education until
tii

(EST) on July 6 for the
purchase of $690,000 building
bonds.
Dated July 15, 1954.
Due
on

p.m.

school site and building bonds of¬

1972 in¬
and
1972 are callable as
15,
1958; those due from 1961 to 1970
are
callable as of May 15, I960.
Principal and interest (M-N) pay¬

fered

able

Schools

Sale

Bond

June 24—v.

on

awarded

•—were

The

—

consisting

to

First

of

District,

$4,000,000

179, p. 2521
syndicate

a

Michigan

of

Corporation, of Detroit, Harriman
Ripley & Co., Inc., Braun, Bosworth & Co., Inc., B. J. Van Ingen
& Co., Barcus, Kindred &
Co., Paine, Webber, Jackson &
Curtis, John Nuveen & Co., all of
Chicago, Stranahan, Harris & Co.,
of Toledo, Kenower, MacArthur &
Co., McDonald-Moore & Co., both
of Detroit, Mullaney, Wells & Co.,
of Chicago, H. VrSattley & Co.,
Shannon & Co., Watling, Lerchen
& Co., all of Detroit, Allison-Wil¬
liams Co., of Minneapolis, Ballman & Main, of
Chicago, BohmerReinhart
&
Co., of Cincinnati,
Channer

Securities

Co.,

of

Chi¬

cago, S. R.
Livingstone, Grouse
& Co., of Detroit, Pohl & Co., and

Walter,' Woody

&

Heimerdinger,

.1

May 15 from 1955 to

at

Bonds

a

bank

due

or

-

>

%

>

;

••

u, *

I\

1971
of May

in

trust company

designated by the successbidder. Legality approved by

be

to

full

Miller, Canfield, Paddock &

Stone,

of Detroit.

Muskegon Township School District
No. 2 (P. O. Muskegon), Mich.
Bond Offering — Sidney H-

Beard ot
sealeo
bids until 8 p.m., (EST) on July 7
for the purchase of $325,000 build¬
ing bonds.
Dated July 1, 19°4.
Due on July 1 from 1956 to 19 <2
Sixma, Secretary of the
Education, will receive

inclusive.: Bonds due in
thereafter^

1960.

1,

are

1961 and
of July

callable as

Principal

and

interest

payable at a bank or-trust!
company to be designated by the
(J-J)

successful

bidder.

Legality

proved by Miller, Manfield,
dock & Stone, of Detroit. v
'

•

.

2.23%.

about

8

Public

:

Bosworth &
Co., Inc., and Stranahan, Harris
& Co., both of Toledo, jointly, as
2y4s, at a price of 100.14, a basis

awarded

notice.

Principal and interest (A-O) pay¬
able

of June

p.m.

July 9 for the purchase

$60,000

bonds.

—

Clerk, will re¬

bids

sealed

as

disposal

Twp., Knollwood Water
O. 1720 Riverview
Kalamazoo), Mich.

Parisi, Township

callable

and

1966

Stevens & Moorman,

July 1 from

on

(P.

Drive,
Bond

Due

are

in¬

1970

to

in

t

1, 1957. Principal and interest
(J-D) payable at a bank or trust
company in Michigan to be desig¬
nated
by the successful bidder.

1957 to 1961 inclusive.

1968 inclusive.

1955

from

Bonds 'due

clusive.

Legality

230,000 1 %s.

/
1

Bonds due in 1985 and
are callable as of

of Detroit.

a

on

Livonia

Treasurer's office. Legality
approved
by
Miller,
Canfield,
Paddock & Stone, of Detroit.
Twp.

inclusive.

thereafter

clusive.

City

Delta

school

Michigan

June

on

July
$540,000
school bonds. Dated Aug. l, 1954,
Due on May 1 from 19o5 to
1971

interest cost of about 1.73%.

Bond

p.m.
(EST)
purchase of

of

38,000 District No. 574 bonds.
dated

8

the

for

2753—were awarded to
Michigan Corp., De¬

p.

First

troit,

until

bids

troit.

71,000 District No. 568 bonds.
70,000 District No. 571 bonds.

are

District (P. Q,
Lyon), Mich.
Bond Offering—William
Markham, Secretary of the Board of
Education, will receive sealed
South

Co., Kalamazoo.
Legality approved by Miller, Canfield, Paddock & Stone, of De¬

$14,000 District No. 559 bonds.

bonds

Mich.

Sale—The $150,000

Bank

follows:

The

1

April 1, 1972.

on

interest

building bonds offered June 24—

of

Dearborn, Mich.

interest

Ehima

Co., and H. V. Sattley

&

Bond

the

$165,000
building
changed from June 30

p.

Kenower, Mac-

Co., both of Detroit, jointly.

&

(EST)

179,

—v.

1960

Stone, of Detroit.

29—v.

June

Arthur

bonds of¬
179, p. 2856—

water

awarded to

were

the

was

The $159,000 gen¬

—

obligation

District

New Offering Date—Date of

of

1 from

Due on June
1968 inclusive.

550,000 2V2s.

389,000 2s.

Michigan
sale

1959

1960.

and

interest

Croswell-Lexington
tural Sch. Dist.

April

on

Twp. School

Lyon

from

$240,000 3V4S. Due on June 1
1954 to 1958 inclusive.

troit, at

r

»

Due

Macomb

follows:

$28,000

2%s.

280,000 Is. Due

follows:

as

1962 to

as

of

.

Sale—The

Calumet.

of

Grand

bids at the Merchants Na¬
Bank

1971.

Due May 1,

of Michigan

composed of the first

Donald-Moore & Co.,

Due May 1, 1972.

Is.

45,000

ing bonds. Dated July 1, 1954. Due
on April
1 from 1955 to 1972 in¬

Perley,

sealed

Due on May 1 from

1970, inclusive.

to

40,000 2V4s.

bids until 8 p.m. (EST) on July 8
for the purchase of $660,000 build¬

receive

Boston, Directors
Room, 30 State St., Boston, until
11- a.m. (DST) on
July 8 for the

'*

Inc.,

Martz, Secretary of the Board of
Education,
will
receive
sealed

successful

tional

\

Wade,

(A-O) payable at

Bond Offering—John A.

!

Due on May 1 from
1957 to 1964, inclusive.

$190,000 2%s.

1954. Due

company

i

Sattley & Co., both of Detroit, at
a
price of 100.01, a net interest
cost of about 2.30% as follows

37,000 District No. 566 bonds.

Sale—The $100,000 build¬

Big Rapids School District, Mich.

$500,000

Rowley, Mass.
!

179, p. 2753—were awarded to
a group composed
of Braun, Bosworth & Co., Inc., Toledo, Mc¬
Donald-Moore & Co., and H. V.
v,

000

Rapids.

h(ov. 25, 1954.

Sale—The

Norfolk

Boston.
i

$200,000

Quincy, Mass.
Bond

the

1,

Due

school
building bonds offered June 30—
Sale—The $480,000

179,

2753—were awarded to a group

p.

Brooklyn Rural Agricultural School
District, Mich.

Bond

$590,000 2s.

Bond

to the Second Na¬

of

proved by Miller, Canfield, Pad¬
dock & Stone, of Detroit.
•

1965

School
(P. O. Grand Blanc), Mich.
Sale—The $900,000 build¬

callable as of July

1, 1959.
Principal and interest
(J-J) payable at a bank or trust
company to be designated by the
successful bidder.
Legality ap¬

1955

offered
1,4

sold

Bank

are

as

Michigan

was

thereafter

Bond

Bonds due in 1960 and

follows:

Pittsfield, Mass.
notes

inclusive.

of

posed

sired).

tional

of Educa¬
tion, will receive sealed bids un¬
til 8 p.m. (EST) on July 8 for the
purchase of $225,000 school build¬
ing bonds.
Dated July 1, 1954.
Due on July 1 from 1955 to 1972

Bond

15, 1971.
15, 1972.

ing bonds offered June 25—v.

Vehicle Highway Fund

were

(Arrangement

will be made for payment at ma¬

turity in

$1,400,000 mo¬
bonds
offered June 28—v. 179, p. 2753—

under

Group D at the State Street Trust

L. Hanlon,

Secretary of the Board

improvement bonds offered June
29—v. 179, p. 2856—were awarded
to the Merchants & Miners Bank,

Sale—The

Bond

tor

(P. O.

Calumet, Mich.

Bay City, Mich.

22,

Storey,

District

Michigan

discount.

7-26-55

,1954, and will bear the approving

Callable

Bridgeport),

Ave.,

Bond Offering—Guy

Bond

dated

is

Merlin

on

1961 to 1970 inclusive.

19

Principal and
interest
(A-O)
payable at the
Detroit Trust Co., Detroit. Legal¬
ity approved by Miller, Canfield,
Paddock & Stone, of Detroit.

4221

from

Due on Nov. 15
1970 inclusive.

to

Grand Blanc Township Unit

of April 16, 1958.

Bridgeport Twp. Sch. Dist.

inclusive.

25,000 2s. Due on Nov.
25,000 iy2s. Due on Nov.

Api;il. 16 from

on

"1976 'inclusive.

1957- to
as

D

3,790,000

—

1967

15

Nov.

on

1958 to 1966

85,000 2%s.

Sha\jvmut Bank of Boston,

at 0.412%

MICHIGAN
Boston

Due

inclusive.

Due

2V2s.

from

15 from

Due on Nov.

1955 to 1957

135,000

The City

8

1954.

Due

April 1
from 1955 to 1960
inclusive
2,380,000 3s. Due on April 1 from
280,000

$30,000 3V2s.

the

16,

of

'

33/4s.

$1,060,000

1971.

p.m. (EST)
011 July 19 for
purchase of $150,000 water
supply and sewage disposal sys¬
tem revenue bonds. Dated April

til

were

—

follows:

Clerk will receive sealed bids un¬

205,000 2V2S.

$1,000,000 rev¬
anticipation notes offered

First
as

gality approved by Miller, Canfield, Paddock & Stone, of Detroit.
—

29^—v. 179,
awarded to the
Michigan Corp., Detroit,

2856

p.

a

about 2.792%

follows:

as

ing bonds offered June

15, 1958. Principal and
interest
(A-O)
payable at the
Detroit
Trust
Co., Detroit.
Le¬
of Oct.

as

Sale—The

t';

i'l

1954

Cincinnati, at 100.00002

net interest cost of

$300,000 build¬

Bond Sale—The

callable

in 1965 and thereafter are

1-26-55
7-26-55

GROUP C

III

Bos¬

of

Boston.

June 28

U

Bank

Legality approved by Storey,

ton.

and

GROUP

inclusive.

1974

National

First

the

1-24-56

Winthrop

to

Principal and interest payable at

7-26-55

Wilmington.-

noon

July 13 for the purchase

of

1,083,000
13,740,000
2,750,000

__

until

$350,000 school project bonds.

7-26-55

GROUP B

Boston

Frederick J.

—

bids

sealed

2,580,000

Belmont

Offering

Vanston, Town Treasurer, will re¬

ity

M,
u!j

Monday, July 5,

..

.

both of

Mich.

Road, Fruitport),

Due on April 15 from
1984 inclusive. Bonds due

1957 to

(P. O. 305

Dist. No. 3

1954.

15,

Agricultural Sch.
Pontaluna

Rural

Fruitport

sewage

disposal system bonds. Dated June

ap¬

Stoughton, Mass.

352,000

Watertown

1,

proved by Storey, Thorndike, Pal¬
mer & Dodge, of Boston.

6,000,000

Peabody

Legality

Boston.

7-26-55

$1,148,000
2,295,000

Lynn

of

Bank

ceive

Matur.

Amount

Lawrence

July

dated

are

Downie, Town Treasurer, will re¬

GROUP A

Attleboro

bonds

Principal and interest pay¬
at
the
National Shawmut

able

proj¬

follows:

Authority

The
1954.

15

(P. O. Boston), Mass.
1

1959 inclusive.

to

76,000 bonds. Due on July 1 from

Offering—Danuel J. Me-

Bond

until 11 a.m. (DST) on
July 8 for the purchase of $171,000

1955

obligation

general

000

Additional Offering

nolds, City Treasurer, will receive
sealed .bids at the National Shaw¬
mut Bank of Boston, 40 Water St.,

about'2.06%.

basis of

Boston.

building bonds,^as- follow?:/
of. $95,000 bonds. Due on July 1 from

pripe

a

Thorndike,

Storey,

Offering—William J. Rey¬

Bond

Lynn, Mass.

lij
■!';1

ap¬

Somerville, Mass.

City,

2.10s,

by

Palmer & Douge, of

&

as
a

The

—

York

New

of

lij

1,

Boston,

Sale

d

o n

Harkness

U1

Legality

Boston.

of

Bank

$2,000,000
school bonds offered June 29—v.
179, p. 2856—were awarded to a
group composed of Halsey, Stuart
& Co., Goldman, Sachs & Co., F.
S. Moseley & Co., Paine, Webber,
Jackson & Curtis, Blair, Rollins &
Co., First of Michigan Corp., all
B

i

l

July

dated

are

Principal and interest pay¬
at
the Merchants National

1954.

able

11

Due on July
1955 to 1969 inclusive.

15,000 water bonds.

Boston.
<

Financial Chronicle

(104)

56

v

.

;

..

*>..

t

ap¬

Pad¬
.

:

.

1
Number 5339

180

Volume

The Commercial and Financial Chronicle

.. .

—.

—

—

DT

——

,'W'

—ry

Township School District

Oliver

Golden

(P. O. Elkton), Mich.

$200,000 build¬
ing bonds offered June 23—v. 179,
2753—were awarded to StranaBond Sale—The

bonds.

after

1970.

Due

C.

troit Trust

Marie

Ste.

M

sealed

and

until

4

1987 inclusive.

bank

a

District, Mich.

$80,000 build¬

~

bids

until

7:30

sealed

$55,000.00 general obligation city
portion bonds. Due on June 1
from 1955 to 1964, inclusive.
46,772.94
special
assessment
bonds. Due on June 1 from

1964, inclusive.

The bonds are dated June
1,
1954. Principal and interest
(J-D)
payable at the Ypsilanti

Savings

Bank, Ypsilanti.

Sale—The

Sale

—v.

179,

to

group

Harold
E.

and

E.

Wood

J.

school
June

Sale

—

building
29—v.

The

$1,000,000

bonds

179,

p.

offered

2753—were

awarded to a
group composed of
the First
National Bank of Min¬

neapolis,
St.

First

National

Paul, Northwestern

Bank

of

of

National

Mannheimer-Egan,

Inc.,

nessy & Co., Harold

Co.,

and

net

Wood

&




on

about

$350,000

July 1 from 1955

inclusive.

2.40s, at a price

as

basis

100.01,

of

a
Due

1955 to

about

1965 inclusive.

July

on

1

from

36,000

a

of

Bond

bretson,
ceive

Offering

—

Village

sealed

R.

2.53%,

interest

net

a

as

follows:

of

Bond

J.

S.

Chicago,

will

Clerk,
until

bids

Enge8

re¬
p.m.

(CST) on July 6 for the purchase
of
$60,000
improvement bonds.
Dated July 1, 1955. Due on July 1
from 1955 to 1969 inclusive. Bonds
due

in

callable

cipal

1965
as

and
or

and

thereafter

of July 1,

interest

,

1964.

payable

are

Prin¬

at

a

trust company to be des¬

ignated by the successful bidder.
Legality approved by Faegre &

Benson, of Minneapolis.

Newhard,

Cook

&

Co.,

of St. Louis.

Robinson-Humphrey Co., Inc.,
of Atlanta,
Shelby Cullom Davis
&

Co.,

Herbert

J.

Sims

&

Co.,

both of New York, Stifel, Nicolaus
&

Co., of St. Louis, Stubbs, Smith
& Lombardo, of Birmingham, Talmage & Co., of New York, E. Ray
Allen

&

Co., of Chicago, Herman
&
Co.,
of
Memphis,
Blewer, Heitner & Glynn, of St.
Louis, Fahey, Clark & Co., of
Cleveland. J. H. Hilsman & Co., of

&

Farish, of
Montgomery, Robert N. Tuller Co.,
of New York, J. B. Hanauer & Co.,
of Newark, Mid-South Securities

eral

of
&

Cincinnati,

1955

plant bonds of¬
June 29—v. 179, p. 2856—
awarded to Kalman & Co.,

fered

of

disposal

Minneapolis,

as

at par.

Co., of Mem¬

phis,

Peters, Writer & Christensen, of Denver, Piper, Jaffray &
Hopwood, of Minneapolis, Pren-

dergast,. Fahey & Co., of New
York, Shannon & Co., of Detroit,
Shaughnessy & Co., of St. Paul,
Walter, Woody & Heimerdinger,
Weil, Roth & Irving Co., both of
Cincinnati, and Zahner & Co., of
City.

Kansas

Neshoba

County Supervisors

be

Philadelphia), Miss.

by the Clerk

of the

Board of Supervisors until

(CST)
of

Dist.

Offering—Sealed bids will

received

on

1 p.m.

July 5 for the purchase

$40,000

road,

bridge bonds.

highway
.

and
<

179,

G.

to

1

1963

interest

a

cost

on

Feb. 1 from

inclusive.
on

Feb. 1 from

on Feb. 1 from
1972 to 1974 inclusive.

County, Normandy
Sanitary Sewer District

bonds

$125,000

was

Interest

by

J-J.

Charles

May

1,

from

1957 to 1974.

in

1960

Bond

Offering — Nalle Gibbs,
Secretary of the Board of Educa¬
tion, will receive sealed bids until
7:30 p.m. (CST) on July 27 for
the purchase of $3,000,000 build¬
ing bonds.
Dated Sept. 1, 1954.
March 1 from 1955 to 1974
inclusive.
Principal and interest
on

bank

or

trust

com¬

designated by the

cessful bidder.

Due

and

May

on

thereafter

'

V'

NEW JERSEY

I '

Clinton, N. J.

Note Sale
Boland, Saffirj &
Co., New York City, and the First
—

National Bank & Trust
Co., Paterjointly, recently purchased
$1,250,000 notes at 0.95% discount,
plus a premium of $6.67.
The

son,

notes, all dated June 28, 1954, in¬
clude
$300,000 tax anticipation,
10, 1955; $350,000 school
promissory, due March 21, 1955;
and

$600,000
March 21,

bond

Legality approved

by Charles & Trauernicht, of St.

School

Offering

until 8 p.m.
the

District,

N.

J.

Aniello

—

(DST)

purchase

building

T.

on July 14 for
$60,000 school

of

bonds.

Due

on

Dated July
15,
July 1 from 1955 to

inclusive.

Principal and in¬
terest (J-J) payable at the Subur¬
ban Trust Co., Garwood.

Legality

approved by Hawkins, Delafield
& Wood, of New York
City.

Kearny, N. J.
Bond

Town
bids
14

Offering—Donald

Clerk,

until

8

for the

will

(DST)

p.m.

Allan,

receive

sealed

on

Ju^r

purchase of $2,030,000,

follows:

as

$1,160,000 sewer bonds.
870,000 sewer plant bonds.
The

bonds

•

1954.

Due

1984

dated

are

:

Aug;' 1,

inclusive.

terest

on

Aug. 1 from 1955 ta

Principal and in¬
(F-A) payable at the West

Hudson

MONTANA

anticipation,

1955.

Mosca, Secretary of the Board of
Education, will receive sealed bids

suc¬

Louis.

National

Bank

of

Harri¬

son.

Denton, Mont.
Bond

Sale—The

$70,000

sewer

Legality approved by Haw¬
kins, Delafield & Wood, of New
York City.

system construction bonds offered
25—v. 179, p. 2754 — were

Manasquan, N.J.

June

awarded to

wood,

of

Bond

Piper, Jaffray & Hop-

Minneapolis,

2.90s.

as

East Helena, Mont.

bids
15

Offering

Clerk,
7

until

for

bonds,

the
as

$197,500

—

will

A.

Rose,
sealed

(MST) on July
purchase of $210,000
p.m.

follows:
bonds.

sewer

1954.

bonds
Interest

are

dated

July

J-J.

inson, District Clerk, will receive
(MST)

on

July 19 for the purchase of $90,000
bonds, as follows:
School

District

No.

33

bonds.

60,000 Chester High School Dis¬

1955

to

1964

inclusive. Principal
(F-A) payable at the
Manasquan
National
Bank,
Manasquan. Legality approved by
and interest

Bond

1, 1954.

School

District, N. J.

Offering—C larence P.

Friling, Secretary of the Board of
Education, will receive sealed bids
until 8 p.m.

(DST)

on

July 13 for

the purchase of $165,000

building

bonds. Dated Dec. 1, 1953. Due on
Dec. 1 from 1954 to 1968 inclusive.

Principal and interest (J-D)

pay¬

able at the First National Bank of

Milford.

trict bonds.
Each issue is dated June
Interest J-D.

8

the

Mil ford

Bond Offering—John W. Hutch¬

$30,000

until

for

1,

Liberty County School Districts
(P. O. Chester), Mon.

sealed bids until 8 p.m.

/

Miller,

|Reed, Hoyt, Taylor & Washburn,
"f New York City.

12,500 water bonds.
The

V.

—

p.m. (DST) on July
purchase of $30,000
Beach improvement bonds. Dated
Aug. 1, 1954. Due on Aug. 1 from

12

H.

receive

Offering

Borough Clerk, will receive sealed
bids

Bond

1

Bonds due

Denver.

1954.

No. 12, Mo.

a

1954.

callable on May 1, 1959/ '1
Legality approved by Pershing,
Bosworth, Dick & Dawson/- of

1964

Springfield Reorganized Sch. Dist.

at

on

1974,

;/♦'

Trauer¬

nicht, of St. Louis.

Due

due
to

on Aug. 15 from
inclusive.
school
bonds.
Dated

1,000,000

Legality

&

1

inclusive;

1971

Bond

recently sold to
the Municipal Bond
Corp., of Chi¬

inclusive.

bonds:

May

3V2S,

Garwood

cago, as 4s. Dated April 1, 1954.
Due on Jan. 1 from 1955 to 1983

approved

2)
on

1970,

15, 1953. Due

(P. O. St. Louis), Mo.
sewer

to

1967 to 1973

due

Louis

Bond Sale—An issue of

on

1973,

due Feb.

215,000 2V2S. Due

St.

No.

$730,000

group

1964 to 1971 inclusive.

City
&

a

te

$750,000 school bonds. Dated Aug.

Mo.

v.

—

due

1970

Sale consisted of:

1

follows:

as

415,000 2y4s. Due

street & Kirkpatrick, of Nashville,
Doll & Isphording, Inc., Ellis &

"Gordon Meeks

29

net

a

$249,000 l%s. Due

Stockton

Co., of Atlanta, M. B.
Vick & Co., of Chicago, Cady &
Co., of Columbus, C. F. Cassell &
Co., of Lynchburg, Clark, Land-

Bond

The $195,000 gen¬

par,

2.28%,

Co., of Nashville, Park, Ryan, Inc.,
New
York, Seasongood &

No. 1 (P.O.

obligation sanitary sewer and

sewage

were

—

of

of

Mayer,

June

inclusive;

3V2S,

May 1 from
inclusive.

1974, inclusive.

Co., Kansas City, A.

payable

Broome

March

on

bonds:

Aug. 15

31/4S, due

1957

and

1962, inclusive.

to

1)
on

1969,

(Block

from

1

Sale—The $879,000 school

pany to be

Co., of Jackson.
Mohr

March

to

from

$270,000

inclusive.

on

Due

offered

Bond

Thornton,

to

1963

Atlanta, E. F. Hufton & Co., of
York, Leedy,
Wheeler &
Alleman, of Orlando, John Small
& Co., of New York,
Southern
New

Spicer, Minn.
Bond Sale

1960

Trust

and

Phelps,
Inc., of New York, Courts & Co.,
of Atlanta,
Lyons & Shafto, of
Boston, Stern Bros. & Co., of Kan¬
sas City,
Stranahan, Harris & Co.,
of Toledo,
Harrington & Co., of

Jackson,

1959,

Due

Gardner, both of St. Louis, at

Co., both of
Kindred & Co.,

Byrne

1,000,000

1

Edwards & Sons, and Reinholdt &

Love

as

inclusive.

bonds

March

on

15

composed of the Mercantile Trust
Co., St. Louis, City National Bank

Burr, Francis I. duPont
& Co., both of New
York, Lewis

Co.,

school

2521—were awarded to

&

City,

No.

$450,000

Aug.

$250,000

Popular Bluff School District,

&

Kansas

1967

and

City.
Legality
ap¬
proved by Stinson, Mag, Thomson,
McEyers & Fizzell, of Kansas City.

bonds

Aug. 1, 1973 and 1974.

of

(Block

from

(P. O.

Kansas

p.

Co., both of

$300,000 3Vis, due

payable at the First National Bank

price

&

to

3V4S.

of about

Coffin

$750,000

bonds are dated June
1,
Principal and interest (M-S)

1954.

offered

nati.

M.

1955

154,000

2521—were
syndicate headed by
p.

100.12,

9

Due

2%s.

from

$13,000,000

bonds

179,

No.

3V4S.

from

Co., Magnus & Co., all of Cincin¬

Slayton, Minn.

Shaugh-

Caldwell, Phillips Co.,
Paul, on a bid reflecting
interest cost of about 2.34%.

aH of
St.
a

E.

of

2.39%.

bank

Bank, J. M. Dain & Co., AllisonWilliams Co., and
Piper, Jaffray
&
Hopwood, all of Minneapolis,

cost

follows:

as

1967

to

•

Bond

Min¬

price of 100.01,

a

interest

123,000 bonds

Piper, Jaffray & Hopwood, of
•Minneapolis.

*

Co.,

1964

m-

(P. O. Brainerd),
Minnesota

&

Waeckerle,

The

Co., Allen & Co., all of New
York, Alvis & Co., of Jackson,

Co., St. Paul,

inclusive; and $57,000
2%s, due on July 1 from 1965

June

6

awarded

follows:

2V2S, due

Wing County Indep. School

&

Prescott

as

net

a

p. 2753—were awarded

District No.

$530,000 im¬

2857—were

$60,000

build¬

Bensdorf

composed of Juran &

$407,000 bonds at

Bond and Certificate Sale—The
$42,000 street improvement bonds
and street
construction certificates

f3-~Y* 179,
to

The

—

p.

neapolis,

to

on

build¬

Moody, Inc., St. Paul, Paine, Web¬
ber, Jackson & Curtis, of Chicago,
Kalman & Co;, Minneapolis,

MINNESOTA

offered

$40,000

provement bonds offered June 28

Brooklyn Center, Minn.

indebtedness

&

St. Louis Park, Minn.

a

The

—

Jackson, Barcus,

County School District
(P. O. Oronoca), Minn.

Bond

$25,000

Dist.

obligation

&

of

as

St.

sold to Barret, Fitch, North
Co., of Kansas City, as follows:

Other members of the syndicate:
Shields & Co., Baxter, Williams

of

Kalman

2.56%,

of

callable

are

price

and

to

ing bonds offered June 28—v. 179,
p. 2856—were awarded to Piper,
Jaffray & Hopwood, of Minneap¬
olis, as 2.90s, at par.

p.m.

(EST) on
July 6 for the purchase of
$101,772.94 bonds, divided as
follows:

1955 to

of

No. 2

Offering—Betty F. Fen-

ker, City Clerk, will receive

1956

Sale—The

Bond

Ypsilanti, Mich.
I

from

Olmsted

ing bonds offered on June 23—v.
179, p. 2753—r-were awarded to
McDonald-Moore & Co., of Grand
Rapids.

Bond

1

Co., Minne¬
apolis, Juran & Moody, Inc., St.
Paul, and E. J. Prescott & Co., of
Minneapolis.

Vestahurg Rural Agricultural Sch.

I'

Feb.

on

by

of

White, Weld &

Chicago, Garrett-Bromfield & Co.,
Denver, and Lucas, Eisen &

was

&

$1,970,000 2.40s. Due Aug. 1, 1971.
4,100,000 2V2S. Due on Feb. 1 and
Aug. 1, 1972.
6,930,000 2.60s. Due on Feb. 1

inclusive. Bonds due in 1970

posed

Lake
O.

Ira Haupt &
Co.,, New York City,
John Nuveen &
Co.,

p.m.

offered June 30—v.
179, p. 2856—
were
awarded to a group com¬

Detroit.

V-:

2

$110,000 sani¬
tary sewage disposal plant bonds

be

Legality approved by Miller,
Canfield, Paddock & Stone, of

1

until

Ogilvie, Minn.

der.

Sale—The

bids

thereafter

Bond

designated by the successful bid¬

Bond

awarded to

cost of about

1, 1969. Legality approved by
Gilbert, Morton, Kyle &
Macartney, and Moody & Springsted, both of St. Paul.

are

Orange

Dist.

revenue

30—v.

Ruth

Briggs,

Bonds due

trust company to

or

June

Feb.

callable as of Sept. 1, 1959. Prin¬
cipal and interest (M-S) payable
at

Due

1975
and

Sch.

Sale

highway

(CST) on July 8 for the purchase
$150,000 santary sewer and dis¬
posal plant bonds. Dated Aug. 1,
1954.

County,

Mississippi (State of)

re¬

Co.,

Wellington), Mo.
general

Sale—The

Bond

of

p.m.

1, 1980 and thereafter

sealed

Trauernicht,

$1,750,000 gen¬
obligation building bonds of¬

were awarded to a
group composed of A. C. Allyn &

Interest

approved

(P. ^O.

fered June 30

May 1 from

inclusive.

12

follows:

from

a

Mrs.'

—

&

on

Bond Sale—An issue of

cagoula.

Legality

Bredeson, Village Clerk, will

(EST) on July 26 for the purchase
$700,000
municipal
building
revenue bonds. Dated
July 1, 1954.
Due on March 1 and Sept. 1 from
1955 to

Offering

1974

awarded

Greenwood.

2754—were awarded to the Pascagoula-Moss Point Bank, of Pas¬

Maynard, Minn.

ceive

of

Chicago, at

Bctoid

of

March

bidder.

Due

Legality

Sch.

of

as

to

Charles

p.

by

successful

1956

M-N.

ing bonds offered June 22—v. 179,

1954.

neapolis.

Joint

bids

callable

are

May 1, 1954.

Louis.

2857—were

p.

Bank

Bond

by Dorsey, Colman,
Barker, Scott & Barber, of Min¬

Building
Authority (P. O. Sault Ste. Marie),
Michigan
Bond Offering—Ralph E. Speer,
Secretary of the Commission, will
receive

1,

inclusive.

(P.
Pascagoula), Miss.

approved

Paddock & Stone, of Detroit.
Saulte

179,

the

Consol.

payable at any suitable bank
trust company designated

or

Legality
Canfield,

Miller,

by

approved

to

Bonds maturing in 1967

thereafter

the

payable at the De¬

Co., Detroit.

—v.

Jackson

April

1965

No.

Vegas), Nev.

Bond Sale—The
eral

Napoleon Reorganized School

April 1, 1966. Principal and inter¬
est

special assessment street im¬

interest (J-D)

Joint

April 1 from 1957 to 1972

on

inclusive.
and

Dated

$23,000 issue of
school bonds was
recently sold to
Lucas, Eisen & Waeckerle, Inc., of
Kansas City, as 3s and 3V4S.
Dated

any

District

Las

Lafayette County, Wellington-

Offering—Lloyd Nordling,

bonds.

to

County, Las Vegas Grammar

Education

Sale—A

Greenwood, Miss.

bids until 2 p.m.
(CST) on July 7
for the purchase of
$80,000 build¬

provement bonds. Dated July 1,
1954.
Due^ on June 1 from 1955
Principal

on

Clark

Girardeau), Mo.
Bond

Bond Sale—The $400,000 indus¬
trial plant bonds offered June 29

District Clerk, will receive sealed

ing

July
gen¬

MISSISSIPPI

Alvarado), Minn.
Bond

purchase of $44,-

inclusive.

pay¬

Counties

on

$10,000

interest payment
Legality approved by Dor¬
sey, Colman, Barker, Scott & Bar¬
ber, of Minneapolis.

be designated by the

Polk

(CST)

p.m.

NEVADA

Cape Girardeau County Consol Sch.
Dist. No. 6 (P. O.
Cape

date.

bidder.

and

8

1956

Callable

1,

trust

or

Kabus,

obligation water works bonds.
July 1, 1954. Due on Jan.

from

Nos. 31 and 287 (P. O.

Begole, City Clerk, will receive
sealed bids until 8 p.m. (EST) on

1960

bank

1

Independent School Districts

Plymouth, Mich.

to

suitable

a

Marshall

proved by Berry, Stevens & Moor¬
man, of Detroit.

July 6 for the

Jan.

MISSOURI

J.

Dated

apolis.

(M-N) payable at a bank or trust
to be designated by the
successful
bidder.
Legality ap¬

000

of

as

until

Legality ap¬
proved by Dorsey,
Colman, Bar¬
ker, Scott & Barber, of Minne¬

company

Lamont

Due

Principal and interest
at

successful

(EST) on July 9
for the purchase of $16,000 build¬
ing bonds. Dated June
1, 1954.
Due on May 1 from 1955 to 1969
inclusive. Bonds due in 1965 and
thereafter are callable as of May
1
1959.
Principal and interest

—

callable

company to

Director, will receive sealed

Offering

1954.

bids

1 from

are

able

Has-

bids until 8 p.m.

Bond

July 1,

P.

—

8 for the purchase of

eral

1956 to 1975 inclu¬
sive. Bonds due in 1971 and there¬

and Fairplains Townships
Fractional School District No. 8
(P. O. R' F. D., Orleans), Mich.

kin

Dated

Jan.

on

Offering

Village Clerk, will receive sealed

sealed

Orleans

J.

Bond

bids until 8 p.m.
(CST) on
July 13 for the purchase of $400,000
Sewer
Improvement No. 1

Harris & Co., Toledo, and
Watling, Lerchen & Co., of De¬
troit, jointly, at a price of 100.04.

Offering—Byron

Wyckoff, Minn.

Kenneth W.

—

Rahn, Village Clerk, will receive

han,

Bond

Valley, Minn.

Bond Offering

Legality

Hawkins,

Delafield

New York

City.

approved
&

Wood,

by
of

Commercial and Financial Chronicle

The

58

1

Monmouth
—

The $76,000

basis of about 2.99%.
New Brunswick, N. J.

Offering

Bond
1

McLaughlin, Assistant City Treas¬

'

j

Henrietta G.

—

will receive sealed bids until
(DST) on July 20 for the

urer,

*

iji>
i ;• -i

11

a.m.

purchase of $81,000 bonds, as fol¬

«) l:|

lows:

|

$36,000 street improvement bonds.
45,000 equipment bonds.
Each issue is dated
Due

1964

to

si

Ellery Central School
District No. 1 (P. O. Mayville),

interest

Ul

Marshall,

Mitchell, of New York

■

Quinton Township School District
(P. O. Quinton), N. J.
Bond Sale—The $100,000 build¬
ing bonds offered June 28—v. 179,
p. 2754—were
awarded to J. B.
Hanauer &
Co., of Newark, as

2.45s, at

I
V;

I

Itj

Roosevelt & Cross, and
R. D. White & Co., both of New
York City, as 2.60s, at a price of
101.03, a basis of about 2.51%.

DeKcdb

Fowler,

Gouverneur,

sewer

Trust

179,

2754—were awarded to
a
group
composed
of Halsey,
Stuart & Co. Inc., George B. Gib¬
bons & Co., Inc., Hornblower &
v.

p.

Snyder,
Borough Treasurer, will receive

Chas. E. Weigold & Co.,
Bache & Co., Baxter, Williams &
Co., and the American Securities
Corp., all of New York City, as
2.70s, at a price of 101.07, a basis

sealed bids until 8 p.m.

of about 2.60%.

!

Surf

I
ib

II

City, N. J,

Offering—J.

Bond

W.

(DST) on

July 16 for the purchase of $50,000
water bonds. Dated July 1, 1954.

i'j

fill.

Ill

July 1 from 1955 to 1964
inclusive. Principal and interest
Due

on

(J-J) payable at the Beach Haven
Co., Beach

National Bank & Trust
Haven.

approved

Legality

by

Berry, Whitson & Berry, of Toms
1!),:

Sale—The

$175,000

29—v.

of Western New

l3/4s, at
1.74%.

100.02,

York, Buffalo, as
basis of about

a

Bond

Offering—Guy G. Viscon-

ti, Secretary of Board of Educa¬
tion, will receive bids until 8 p.m.
(DST) on July 13 for the purchase

L

of

school bonds.
Dated
Due on Aug. 1 from

$25,000

Aug. 1, 1954.
1955

Wood-Ridge
Wood-Ridge.

Principal

inclusive.

1959

to

and interest

by

Bond

(F-A) payable at the
National Bank,
Legality approved

Wash¬

Reed, Hoyt, Taylor &

burn, of New York City.

1

(P.O.

Locke), N. Y.
Offering — George

fire department bonds.

at

National

the

W.

Dated

payable

(J-D)

of Auburn,

Bank

branch. Legality

Locke

approved

by Gerald S. Hewitt, of Moravia.
Madison

County (P. O. Wamps-

Bond

Artesia, N. Mex.
Offering—T. H. Ragsdale,

Bond

will

Clerk,

City

bids until 7:30 p.m.
7

the

for

Due

purchase
Dated

bonds.

water

of

July

sealed
July

011

$130,000
1, 1954.

1 from 1955 to 1969
in 1965 and

July

on

receive
(MST)

Bonds due

inclusive.
thereafter

are

callable

as

of July

Principal and interest
(J-J) payable at the City Treas¬
urer's
office.
Legality approved
by Tallmadge & Tallmadge, of
1,

1964.

Sale

The

$190,000 road
29
v.
179,
p. 2857—were awarded to the Ma¬
rine Trust Co. of Western New

bonds

—

offered

June

—

York, Buffalo, as 1.30s, at a price
of 100.02, a basis of about 1.29%.
New

York City Housing
New York

July 26, 1954.

'

i

r

Note

NEW YORK

•IP
•

Amherst Central High
1

Sch. Dist.

(P. O. Buffalo 21), N. Y.

Bond

Offering

—

Charles

J.

Lexer, District Clerk, will receive
(DST) on
July 8 for the purchase of $2,600,000 building bonds.
Dated
June 1, 1954. Due on Dec. 1 from
1955 to 1983 inclusive.
Principal

sealed bids until 3 p.m.

■>,v
1

•
•

.

>■*,'

Sale

Lawrence

No.

and

interest

(J-J)-payable
Placid, Lake
approved- by

Legality

Oneonta,

&

West Oneonta Fire Dist.

(P. O. Oneonta), N. Y.
Bond

Offering

rington,

—

District

John

A.

interest

(J-D) payable at the

—

E.

will

receive sealed bids until 3:30 p.m.

(DST) on July 8 for the purchase
of $30,000 fire house building and
equipment bonds. Dated June 1,
1954.

Due

inclusive.

terest

Dec.

on

(J-D)

from

1

1954

to

Principal and in¬

$21,000,000

of

has

issued

notes against the uncollected real
estate

taxes

the

year,

which

of

the

current

delinquent
June

on

11

fiscal

amount

was

of

$28,994,-

004.97.

$10,000,000 of notes were
city's sinking funds
and $11,000,000 were allotted to 23
banks and trust companies.
The
notes absorbed into the city sink¬
allotted to the

Marine Trust Co. of Western New

ing funds

York, Buffalo. Legality approved
by Vandewater, Sykes, Heckler &
Galloway, of New York City.

payable June 24, 1955, subject to
prior redemption at the option of
the Comptroller and bear an in¬
terest

't 1

Cedarhurst, N. Y.

J1'

are

rate

of

dated June 25, 1954,

1%%.

The sinking

purposes

29—v. 179, p. 2755—were awarded

C. J. Devine &

to

City,

as

1.70s, at

basis of about

a

Bond

Co., New York
price of 100.01,

a

1.69%.

ceive

Treasurer,

sealed

bids

until

will
11

re¬

July 1, 1954. Due
1955

and

to

1969

interest

National

on

July 1 from

inclusive.

(J-J)

Bank

Principal

payable at the
of

Wappingers

Falls.

Legality approved by Van¬
dewater, Sykes, Heckler & Gallo¬
way, of New York City.Stark,

Warren, Columbia, German
Flatts, Danube, Little Falls, Spring¬
field and Minden Central Sch. Dist.

No.

1

(P. O.

Van Hornesville),

New York

funds have accumulated consider¬

ing

the

awarded

2857

was

—

blower

City,
a

as

were

$75,000 land ac¬
area and sewer
179, p.

awardefi to Horn-

&

Weeks, of New York
2.40s, at a price of 100.14,

basis of about 2.38%.




funds

on

deemed

Nov.

1,

1954 and it

advisable

to

employ
this cash by allotting the earlier

July

on

Richards

&

Co.,

$900,000 build¬

Miller

Hayden,

&

Co., and Prescott & Co., all of
Cleveland, as 23/4S, at a price of
100.16,

a

Bond

basis of about 2.73%.

p.

2650

Ohio

Dist., Ohio

Sale—The $330,000 build¬

ing bonds

offered^Ijjne 25—v. 179,

were^warded to the
Company',^and Sweney,
—

Cartwright & Co^oth of Colum¬
bus, jointly, as zvis, at 100.56, a
basis of about 2.43,%.

Bond

Sale—The $240,000 build¬

bonds offered June 29 were
to George B. Gibbons &

maturities to the funds until this

Co., and Bacon, Stevenson & Co.,
both of New York City, jointly,
as
2.40s, at 100,32, a basis of about

cash is needed.

2.36%.

for

14

Dec.

&

C

4J

noon

k

1955

Principal

of

to

1964

and

in¬

interest

at the First
of Middletown.

Na¬

tional

Bank

Le¬

gality approved by Peck, Shaffer
6 Williams, of Cincinnati.
Wadsworth,
Note

Sale—The

improvement

/

Ohio

$22,000 paving
offered

notes

June

awarded to the First Na¬

were

notes

dated

June. 1,
April 1, 1956.
Principal and interest (A-O) pay¬
are

1954 and mature

able

First

the

at

on

National

Wadsworth.
West

Bank,

-

.

Hocking Local School District

(P. O. Rockbridge), Ohio
Bond

Clerk

Offering—J. F. McGrady,
the

of

Board of

Education,

will receive sealed bids until noon

(EST) on July 13 for the purchase
$399,000 building bonds. Dated
July 1, 1954. Due on Dec. 1 from

of

1955

to

inclusive.

1973

Interest

7^

J-D.

Westlake Exempted

B

d

0 n

Dated

inclusive.

1960

Interest

Offering

Weston,

Clerk

Charles M.

—

of

the

of

Board

Education, will receive sealed bids
until noon (DST) on July 20 for
the purchase of $500,000 building
bonds. Dated June

1, 1954. Due on

Dec. 1 from 1955 to 1974 inclusive.

Principal and interest (J-D) pay¬
able at the National City Bank of
Cleveland.

Squire,

Legality approved by
& Dempsey, of

Sanders

Cleveland.

OKLAHOMA

Okla.

Hobart,

Offering—Susie E. Barton,

Bond

City

Clerk,

bids

until

for

7

receive

will

8

the

(CST)

p.m.

of

purchase

sealed
July
$118,000

on

consisting of $85,000 sew¬
plant improvement
$33,000 sanitary sewer system

bonds,

age treatment

and

A-O.

Village School
Ohio

District,

^

Sept. 1, 1954. Duean Oct. 1 from
to

bonds.

improvement
Bond Sale—The

$10,000 sanitary
(Property owner's portion)

sewer

p.

offered

June

2754—were

White

&

2V4s, at

26

awarded

Co.,

of

to

J.

as

basis

a

School District No. 4 (P.

"Bond

Sale—The

portation
fered

R. D.

(P. O

No.

210,
U niontowW)} Ohio

Bond
Clerk

23

Offering-^A. R. Furnas

of the

Board" of Education,

Canfield, of Oklahoma

&

follows:

as

1957 and
1959.
Due in 1960,

Due in

1,000 2V2s.
Sand

on

Springs, Okla.

Offering—Sealed bids

Bond

be received by

the Board of

Dec.

1, 1954. Due^'On Dec. 1 from

missioners

1955

to

July 8 for the purchase of

1974

and interest

inclusive.

Principal

(J-S^payable

at the

Bank of Akron.

Johnsville

Local

000

Dist.

(P.

Shauck),J$)hio
Bond Offerings-Sealed bids
be received by the Clerk of

until

bonds,

$380,000
Svh.

as

220,000
Due

the

p.m.

(CST) on

works

$600,-

1979

system
1

Aug.

on

frorn

inclusive.

sanitary
on

will

Com¬

follows:

Due

1957 to

will

2

water

bonds.

O.

1958.

Due in

1,000 2V4s.

noon

July 13^br the purchase
of $628,000 building bonds. Dated
(EST)

awarded to

were

City,

$2,000 2s.

will receive sealeSTbids until

trans¬
bonds of¬

$4,000

equipment

June

Calvert
Green Local School District

O.

Clayton), Okla.

A.

Cincinnati,'

price of, 100.39,
of about 2.12%. x•**"" ;
a

Independent

Pushmataha County

179,

v.

—

Aug.

sewer

1 from

bonds.
1958 to

1979 inclusive.

Board

of
Eduction until noon
(EST) on July lJLfor the purchase
of $36,000 building bonds. Dated
July 1, 1954. Due on Dec. 1 from

Principal and interest (F-A)
payable at the First National Bank

1955

&

and

to

1972, inclusive.

interest

1

(EST)

purchase

payable

26

Principal

P

If

District, Ohio

the

from

15

Girar^Dhio

1956

%

$35,000 furnishings and equipment
bonds. Dated June 15, 1954. Due

jL,2650—were aW&rded to Field,

a.m.

on July 8 for the purchase
$35,000 fire house bonds. Dated

bonds offered June 30—v.

quisition, parking

Bond Sale—The

(DST)
of

%

1

ing bonds offered June 29—v. 179,

bonds

Offering—Warren C. Ed¬

District

gar,

able cash towards the redemption
of corporate stock redeemable
by

Bond Sale—The

»•

:v o7,.r

;

water line extension bonds.

$337,500 vari¬
bonds offered June

New York

anticipation

tax

.

City Sch. Dist., Ohio

Bank & Trust Co.,
Bond Offering —C h a r 1 e s W.
Legality approved
by Morse, City Audrflfr, will receive
Hawkins, Delafield & Wood, of sealed bids until noon
(DST) on
New York City.
July 10 for the purchase of $21,516

Ossining, N. Y.

ir

k t

of

"7

payable at the Citi¬

Sale—The

■$-' £

it

ceive sealed bids until

Oneonta.

Bond

Fahey'
23/4s'

as

basis

a

Offering-Robert E.
Wearly, District Clerk, will re¬

National

zens

City Comptroller

Gerosa

.

Fairview Park

Har¬

Secretary,

Poughkeepsie, New Hamburg Fire
(P. O. Wappingers Falls),

City, N. Y.

basis of about 2.65%.
•
; V-;.
v
* •>.' ".f •:•

Germantown Local Sch.

District
New York

i'i

and

Due Feb. 21,

1955.

Denver.
■'

Due on Jan. 1

Vandewater, Sykes,
Heckler
Galloway, of New York City.

ous

Offering—Philip J. Cruise,
Chairman, will receive sealed bids
until 11 a.m. (DST) on July 8 for
the purchase of $17,840,000 notes.

Co., Weil, Roth & Irving Co., and
Doll
&• Isphording^ Inc.,
all of
Cincinnati, as 2%s,®at 100.95, a

receive

1956 to 1979 inclusive. Prin¬

Placid.

Authority,

Note

Dated

will

July 1, 1954.

1973

ville), N. Y.
NEW MEXICO

2755—were awarded to a group
composed of Field, Richards &
Co., Fahey, Clark &c Co., First
Cleveland Corp., all of Cleveland,
Provident Savings Bank & Trust
p.

,

Due on June 15
from 1955 to 1964 inclusive. Prin¬

cipal and interest

Clerk,

build¬

ing bonds offered June 29—v. 179,

sealed bids until 2 p.m. (DST) on
July 9 for the purchase of $24,000
water system construction bonds.

1954.

15,

(P. O. Wintersville), Ohio

Ray Brook Water Dist.
(P. O. Lake Placid), N. Y.
Offering—Harold R. SodTown

District

Bond Sale—The $804,000

Bond

100.83,

tional Bank of Wadsworth.

sale.

Local School

Creek

Cross

$13,000: The Amalgmated Bank

cipal

July 15 for the purchase of $10,June

and

at the Bank of Lake

Hotchkiss, Secretary, will receive
sealed bids until 3 p.m. (DST) on
000

Bank

Company.
Kings
County Trust
Company, Brooklyn, N. Y.

from

School District, N. J.

Federation

$20,000:

en,

in the notice of

error

an

Trust

Dated

River.

Wood-Ridge

Trust

because of

withdrawn

be

to

had

of

2.62%.

The

Company.
$22,000:

improvement

June

about

purchase of $82,659
bonds." The '• sale
was

originally scheduled for June 30—
v.
179, p. 2858—rbqt the offering

and Trust

Co., Cleveland,

the

for

building

$56,000: Empire Trust Company.
$51,000: Sterling National Bank

gen¬

bonds offered
179, p. 2857—were
awarded to the Marine Trust Co.

eral

Plymale,

21

&

price

a

(J-D)

of Education,
will receive sealed bids until July

Company of New York.

Company.
$24,000:
Bronx
County

at

clusive.

Clerk of the Board

North Elba,

Lackawanna, N. Y.
Bond

(P. O.

Bond Offering—Frank

Midland

Company of New York.

of New York.

Locke Fire District No.

i't

Marine

Clark

on

Clay Local Sch. Dist.
Bladen), Ohio

$165,000: Bank of New York.
$65,000:
United
States
Trust

building bonds offered June 30—

Weeks,

1.77%.

basis of about

land, as 3V4S.

—

$93,000

assessment bonds offered on June

:•!

The

$167,000:

jt

and

Pitcairn

Hayden, Miller & Co., of Cleve¬

to

National
Bank of the City of New York.
$192,000: The Public National
Bank & Trust Co.

Macomb, Rossie, Hermon, Ed¬

improvement bonds was sold

nue

First

The

$261,000:

water system reve¬

first mortgage

Senecaville), Ohio

Bond

Sale—Arr issue of $85,000

Bond

$269,000: The New York Trust
Co.
-;v

of Buffalo,

Rockaway), N. J.

2754—were awarded
to Boland, Saffip & Co., of New
York City, as 1.80s, at 100.08, a
,

composed of the Marine Trust Co.
rf Western New York, Manufac¬
turers & Traders Trust Co., both

Co.

&

Morgan

P.

O.

Trenton Local School

Chardon, Ohio

$288,000: J.
Incorporated.

(P.

2650—were awarded to

p.

$180,000

Thornburgh Co., of Cincinnati.

Trust Co.

2754—were awarded to a group

1964

Bond

mortgage revenue
sold
to
the' W. C.

was

to

Co., Cleveland.

District

system

bonds

1955

Senecaville-Richmond Local
School

Exchange Bank

Corn

$289,000:

Antwerp
Central Sch. Dist. No. 1 (P.O.
Gouverneur), N. Y.
Bond S a 1 e
The $2,531,000

24—v. 179, p.

t

Co.

build¬
ing bonds offered June 30—v. 179,

from

Principal and interest
payable at the Cleveland

(A-O)

Attica, Ohio

$472,000: Bank of the Manhattan

1

Sale—The $26,000 build¬
ing bonds offered June 30—v. 179

Bond ,Sale—An issue of
water

Oct.

on

Trust

*

Co.

1954

Due

inclusive.

of

Dempsey,

&

Sanders

noon

(DST) on July 12
the purchase of $30,000
water
bonds. Dated July 1,

main

&

Bank

$478,000: Irving Trust Company:

O.

(P.

1

Chemical

bids until
for

Legality approved by

New York.

Squire,

of

Bank

National

Chase

the

at

nt

Middleburg Heights, Oh;o
Offering—Edna A. Karl
Village Clerk, will receive sealed

payable at the of¬

(M-S)

bv

y' 0±

Bond

fice of the Director of Finance, or

$606,000: The Hanover Bank

Sale—The $998,000

wards,

Sale—The

Bond

interest

Cleveland.

Trust

Cherry Creek), N. Y.
Bond

Rockaway Township (P. O.

J!

No.

District

School

price of 100.21, a basis

a

provement bonds.
1954.
Due on Sept. 1 from 1955
to 1974 inclusive.
Principal and

Com¬

Trust

Bankers

of $1,plant im¬
Dated Aug. 1,

000,000 sewage disposal

The Chase National
City of New York.

$668,000 :

Ellington,
Charlotte, Arkwright, Dayton Leon,
Conewango & New Albion Central

of about 2.42%.

'13ill

1954

—

19 for the purchase

July

11

pany.

Cherry Creek, Villanova,

}.

of the

$729,000

City.

July 1, 1954.

Caldwell,

of New York

Heckler & Galloway,

City.
i

Monday, July

,

Cleveland.

John Davies,
Directors of Finance, will receive
sealed bids until noon (DST) on
Offering

Bond

$1,060,000: Guaranty Trust Com¬
pany of New York.- •
$984,000: Manufacturers Trust
Company.

Sykes,

Vandewater,

by

proved

on

by

Trimble &

$1,990,000:
Bank

(M-N) payable at the State
of Mayville. Legality ap¬

Bank

(J-J) payable at the City
office.
Legality ap¬

proved
;i

.

Legality
approved
Sanders & Dempsey

Squire,

Ohio

Akron,

City

New York.

of

Bank

follows:

as

National

The

$2,131,000:

in¬

inclusive. Principal and

is

allotment

The

(DST) on

July 8 for the purchase of $280,000 building bonds. Dated May 1,
1954. Due on May 1 from 1955 to

Treasurer's

!

rate of

—

sealed bids until 2 p.m.

terest

1955 and bear an interest
1%%.

June 28,

Marilyn S.
Clute, District Clerk, will receive

1974

dated

are

28, 1954 and will mature on

June

York

New

Bond Offering

companies

Gilead.'

OHIO

to the banks

alloted

notes

trust

and

Portland and

July 1 from 1955
inclusive. Principal and

serially

The

Westfield,

Stockton,

Chautauqua,

Beach, N. J.

Beach
protection bonds offered June 29
—v.
179, p. 2857—were awarded
to Boland, Saffin & Co., New York
City ,as 3s, at a price of 100.06,
Sale

Bond

a

}

(106)

The

bonds

are

dated

Aug.

h

1954.

Trust

(J-D) payable at the State's
Peoples Savings BSiik Co., Mount City.

Co.,

Tulsa, or at the
in New York

fiscal agency

ri

Number 5339

180

.

The Commercial and Financial Chronicle

.

.

'

(107)
1.66%.

OREGON

Dated'July 15, 1954. Due
July 15 from 1955 to 1974 in¬

on

Sch. Dist. No 34
(P 0. Route 4, Alb«ny)>°re'.u
Rnnd Offering—Sealed bids will
received by the District Clerk
County

Ronton

V

clusive.

able

Authority of the
Pennsylvania
(P. O. Harrisburg), Pa.

Commonwealth

of

i

Principal and interest Y£-A)

the County Treasurer's
Legality approved by Wino

n-vable at

lfLe

0i11uc.

So

vrp

McCulloch, Shuler & Sayre

frpe

Portland

of

County School district

Clackamas

SOUTH

offered June
were awarded to Blyth

of Portland.

& Co,

15 for the purchase of $30,000,000 Fifth Series bonds. Dated
juiy 15, 1954. Due serially on
July 15 from 1958 to 1982 inclu¬
-

-

-

sive. Callable as of July
15, 1957.
Principal and interest (J-J) pay¬
able at the Mellon National Bank

agency of the Authority in Philaapproved

Shaw

by Reed, Smith,
McClay, of Pittsburgh.

&

(P- O. Route 1, Box 207,
Mulino), Ore.

No. 32

Bond Offering

until 8 p.m. (PDST) on July

9; for the purchase
building bonds. Dated

$30,000

of

July 1, 1954.

Offering—Irene L. Traut-

Borough Secretary, will

man,

ceive

sealed

payable
at the County
office. Legality ap¬

(J-J)

Treasurer's

by Winfree, McCulloch,
Shuler & Sayre, of Portland.
,

proved

County

Grant

Sch.

1

until

8

1974

0

tional

&

Trust

Co., Home¬
stead. Legality approved by Burgwin, Ruffin, Perry & Pohl, of
Pittsburgh.
RHODE

notes

An

—

sold

was

on

of

gen¬

Industrial

obligation bonds offered on
June 23—v. 179, p. 2651 — were

$750,-

June 28 to

National

Bank

of

discount.

eral

the

First

about

of

cost

East

National

Bank, of Portlaiid, at 100.05, a net
interest

2.305%,

as

follows:

Bonds

$175,000 2V2s. Due

on

terest

Sold

various
June

on

—

Bids

purpose

30—v.

Bond

County School District

the

179,

2859—

p.

Sale

The

—

$7,000,000

awarded

to

a

group

com¬

July

York City, Harris Trust & Savings

Chicago, Stone & Webster
Securities Corp., Merrill
Lynch,
Pierce, Fenner & Beane, both of
New York
City, First National
Bank of Portland, L. F. Rothschild
&
Co., New York City, Braun,
Bosworth
&
Co.,
Inc.,
Toledo,
Robert Winthrop & Co., New York
City ,and Arthur L. Wright &
Co., Philadelphia, as 2s, at a price

Due

Jan.

on

1

on

of

from

1956

to

inclusive.

and

interest

(J-J)

the

County

Principal
payable
at

19.65

Treasurer's office, or at any fiscal
agency of the State in New York

City. Legality approved by Win
free, McCulloch, Shuler & Sayre,
of Portland.

Bank,

of

Vernonia, Ore.
Bonds
general

Not

100.95,

$85,000

SOUTH

CAROLINA

offered June 28—v.
179, p. 2755
were not
sold, as no bids were re¬

Beaufort County (P.
South

ceived.

Redevelopment Authority,
Pennsylvania

O. Beaufort),

issue

chell,

Jr.,

nounces

received

Acting

that
at

the

Authority,

bids

office

Union

an¬

will

the

ehell, of New York
City.
•'

'

•

Pottstown,

'

'

on

Bond Sale—The
$400,000 water
Tn
°o?men^ bonds
""e,:179, p.
Fial
t° a group
» Peabody &
'

Cn

'

ii

Co., White,
Fahnestock &

and

of

jonds.

Radnor

Township

Jg-

Lancaster

Ave.,

2s>

Wayne),

Pa.

$500,000 genoffered June

iij?^on bonds

28—ir

the
York

as

1.86%.

(P. O. 212 East

erfi°nKrSale"~The

F-A)
Bank

about

YorF

t

' p' 2^8—were awarded
n??an' Sachs & Co., New
PhilarloT U'' and Stroud & Co.,

to

Pai

Price
Pri<*

AfP^Aa' j°intly>
100.79,

a

as
basis



J

l%s, at
of

to

a
about

1979

on

bonds.

Dated

May

May 1 from 1955

on

inclusive.

Principal

179,

2651

p.

at

the

and

National

—

to

Sam Townes

receive sealed
(EST) on July
purchase of $500,000
school building bonds, as follows:
15

composed

group

of

M.

B. Vick & Co.,
McDougal &
Condon, both of Chicago, Lucien
L. Bailey & Co., of
Knoxville, and
Townsend, Dabney & Tyson, of
Boston, on a bid reflecting a net
cost

of

about

3.84%,

as

follows:

$38,000 3V2s. Due
1958

to

to

inclusive.

1986

4s.

Due

to

June 1 from

on

1963

485,000 3%s. Due

June 1 from

on

inclusive.
June

on

1988

until

for

3

p.m.

the

$100,000

School

bonds.

Due

District
on

July

No.

1

from

1

1955 to 1964 inclusive.

150,000

School

bonds.
1955 to

Due

No.

District
on

July

3

from

1

1964 inclusive.

250.000

School

bonds.
1955

to

Due
1964

District

July
inclusive.

on

Each issue is dated

-

July 1, 1954.

Honey

Worth,
Turner,

100.03,
2.60%,

000

$20,000
1

from

follows:
Due' July

2y4s.

475,000 2%s.
1972

Offering—J. N. Purdy, Jr.,
City Recorder, will receive sealed
$175,000

electric

system
revenue
bonds.
Dated June 1, 1954. Due on June 1
from 1957 to 1974 inclusive. Bonds
due
in
1960
and
thereafter are

callable

cipal
at

the

June

of

as

1,

interest

and

to

Due

1975

Hamilton

Bank,

Knoxville.

Legality approved by
Chapman & Cutler, of Chicago.

W.

and

sewer

was

las,

as

water

the

Due

4s.

Dated

inclusive.
Ennis

Interest

bonds

offered

July 20 for the

$6,000,000 bonds,

fol¬

as

At 2:30 p.m.

bonds.
Due

(CST)

general

improvement

Dated

Aug.

on

Aug.
1

from

1,

1954.

1955

to

awarded

of

from

1955 to

1984 inclusive.

Principal and interest (F-A) in
instance

Chemical
York

being
Bank

City,

payable
&

at the Union

or

,

Offering

—

Howard

Swafford, City Recorder, will
sealed

bids

Due

bonds.

Due

until

G.

on

1954.

thereafter

demption

in

are

inverse

order

at

on

works

and

$425,000
sanitary sewer

posed

of

Central

Investment

las,

from

1965

State

Treasurer's

Arthur, Texas
The

—

$75,000 im-

bonds offered June 29

l7/ss, at

as

basis of about

a price of par, a
1.84%.

Sinton Indep School
District, Texas
Bond Sale—The
$600,000 school
house bonds offered June 29 were
awarded to Rauscher, Pierce &

Co., and Russ & Co., both of San
Antonio, jointly, as 2s, at a price
of 100.016. Dated
July 1, 1954. Due
on
July 1 from 1955 to 1968 in¬
Bonds

due

in

1965

callable

are

and

of July
1964. Principal and interest
(J-J) payable at the Commercial
as

1,

State

Bank, Sinton. Legality ap¬
by Gibson & Gibson, of

proved

Austin.

'

University of Texas (P. O. Austin),
Texas

Bond

Sale

Corp.,
both

and

of

,

The First Boston

—

White,

New

purchased

Weld

& Co.,
City, jointly,

York

June 29

on

issue of

an*

$3,402,000
at

interest

dormitory revenue
a price of
100.37, a net
cost of about 2.98%, as

$436,000 4s. Due

Sept. 1 from

on

1957 to 1964 inclusive.

192,000 21/2s. Due
1965

to

1967

on

1968 to

318,000

Sept. 1 from

inclusive.

283,000 2%s. Due

on

Sept. 1 from

1971 inclusive.

2.90s.

Due

Sept.

on

1

from 1972 to 1975 inclusive.

Sept. 1 from

on

The

bonds

dated

are

Interest

M-S.

McCall,

by

Legality

Parkhurst

Ward

&

Texas

Columbian

Securities

Houston,

Texas,

Antonia,

May

1

from

1961

to

1989

in¬

Bond

Sale—An

San

The

Texas

$400,-

as

Corp.
of
follows:

July 15 from

bonds

was

sold

1954.
to

the

Texas, and Dittmar & Co., both
as

Dated May 15, 1954.

proved by Charles & Trauernicht,

15

of St. Louis.

Interest M-N.

1955

to

4s

and

Due

1984

Due

on

July

15

bonds

dated

are

July

15,

Interest J-J.

UNITED

on

3s.

May

inclusive.

Legality aprpoved

STATES

United States

j

Antonio,

2V4s.

$400,000

Equitable Securities Corp., Nash¬

from

on

of

sold to the

from 1960 to 1969 inclusive.

Independent Sch. Dist.,

Bond Sale—An issue of

San

Dtie

was

1955 to 1959 inclusive.

282,000

building

issue

hospital bonds

$118,000 2s.

clusive.
Garland

Crowe,

County (P. O. Monahans),

000

33/4s, 4s and 4%s. Due

1,

approved

Dallas.

of

Texas, Dallas, Moroney, Beissner &
Co., Dunn & Wills, and McClung & Knickerbocker, all of
as

Sept.

/

1954 and become optional in 1964.

a

ap¬

10

■v.
179, p. 2756—were awarded
to the First National Bank of Dal¬

of

of

Pittsburg. Legality

the

Co.

of

South

at

vement

system revenue and unlimited tax
bonds were sold to a group com¬

Bank

of

1955

issue
is dated
July 10,
Principal and interest (M-S)

Sale

ville, Columbian Securities Corp.

National

from

inclusive.

2,173,000 3s. Due

pay¬

First

March

on

1974

Port

Bend

Principal and interest (J-J)
the

10

inclusive.

office in Austin.

June

price of $2.50 for each unexpired
year
of the bond so redeemed.
at

March

on

1964

payable

inclusive. In¬

Bond Sale—An issue of

water

due

July 1, 1965
subject to re¬

were

Texas

1976 to 1994 inclusive.

p.m.

Dated

Bonds

Due

1986

County Water Control
and Improvement District No. 2
(P. O. Richmond), Texas

on

2

July 1, 1954.
July 1 from 1955 to 1978

inclusive.

1, 1954.
to

of

Each

Legality approved by
Huguenin & Boothman,

re¬

(CST) on July 15 for the purchase
of $328,000 water and sewer reve¬
nue

1955

First

$42,000 2J/2% school house bonds.

Dallas.

Fort

at

Trust- Co.,

Planters National Bank, Memphis.
Legality approved by Wood, King
& Dawson, of New York City.

and

$150,000
building bonds was sold to
Henry-Seay & Co., of Dallas, as
2V2s, 3s, 3V4s and 3V2s, at par.

Dumas,

(CST)

1,800,000
school
bonds.
Dated
Aug. 1, 1954. Due on Aug. 1

ceive

Bond Sale—An issue of

from

the

follows:

T exas

1

to

Corp., San Antonio.

bonds

Ferris Independent School District

Dated June

sold

Securities

Sale consisted of:

terest J-D.

inclusive.

Southwestern

$200,-

was

house bonds offered June 30

school

$4,200,000

New

28—v.

179, p. 2756—were awarded to the
Republic National Bank of Dal¬

pur¬

the

June

of

bonds

Louise Indep. Sch.
Dist., Texas

Sale—The $190,000 school

Crutchopen

each

J-J.

Houston, jointly.

sealed bids

on

Co., of Dal¬
July 15, 1954

Indepen. Sch. Dist., Texas

Bond

house

bonds

&

July 15 from 1957 to 1988

on

issue

house

thereafter

$85,00f

revenue

Garrett

sold to

Sale—An

school

clusive.

Texas

Sale—An issue of

las, and Eddleman-Pollok Co., of

Memphis, Tenn.
Offering—C.

1

July 1 from

inclusive.

Crandall,
Bond

payable

National

on

'

1959. Prin¬

(J-D)

1955

2V2s.
Due on July
from 1956 to 1971 inclusive.

Loudon, Tenn.

bids until 4:30 p.m. (CST) on
July
21
for the purchase of

1,

1,005,000

June 1, 1989.

on

Eppler,
Guerin
of Dallas, at a price ot
net interest cost of about

as

of

Bond Sale—The $175,000 school

$1,500,000

and

a

date

Independent School
District, Texas

to

The

—

from

years

Grove

Due

cantile Trust Co., St. Louis, Equitable Securities Corp., Nashville
First National Bank of Dallas
Dittmar & Co., Rowles, Winstor
& Co., Columbia Securities Cor
of Texas, all of San Antonio, Fo,
Worth National Bank of F<

Bond

able

No. 5
1 from

,

inclusive.

285,000 3%s. Due

Bond

of Eduucation, will
bids

a

South Pittsburg, Tenn.

Superintendent

County

son,

City),

Sale

15

Legality approved by Vin¬
Elkins, Weems & Searls, of

133,000 23/4% school house bonds.

Sale—The $890,000 sewer building bonds offered June 26and
tax
bonds offered ,v. 179, p. 2859—were awarded tc
June 24—v. 179, p. 2651—were a group composed of the Mer-

awarded

Spartanburg County Sch. Dists.
(P. O. Spartanburg), S. C.
Offering

after

Houston.

Clear Creek Consolidated School
District (P. O.
League
Bond

of Charleston.

Holland,

able

issue.

T exas

1968 to 1974 inclusive.

Bond

Due on March 1 from
1979 inclusive. Bonds due
1970 and thereafter are call¬
to

to

Co., of Jackson, and the Hermit¬
age Securities Co., of Nashville.

of

1954.

1955

awarded to C. H. Little &

At 2 p.m.

lina,
Charleston.
Legality
ap¬
proved by Sinkler, Gibbs & Si¬

1,
in

Commerce, San Antonio.

1984

i

of

July 10 for
the purchase of
$250,000 improve¬
revenue

(CST)

Co., of Dallas.

payable

40,000 2.40s. Due on June 1 from

on

—were

97°f a Nuew York City'
7,
basis

at lni

158 to

offered
2651

composed of

(CST)

p.m.

Rose
receive

sanitary
system bonds. Dated
Sept.

sewer

anager, will receive sealed bids

lentil 2

Nell

—

Clerk, will

on
Aug. 4 for the purchase
$875,000 water works and

Offering—Henry Riemer,

1, 1954. Due

June 1 from

inclusive.

1967

1959 to

mons,

\

Pa.

Dwight Ave.,
Antonio), Texas

interest

inclusive.

1958

ec

Cald¬
Mit-

706

Bank of

June 24—v.

on

chase of

tester, Pa-> until 1 p.m.
The bonds are dated June
1,
f
on
^or the purchase 1954. Principal and interest (J-D)
ot
$666,000 preliminary loan notes.
payable at the Citizens & South¬
iQa,ledT Aug. 3, 1954. Due Feb. 4, ern National Bank of South Caro¬
ii

Bond

Booth-

sealed bids until 7:30
p.m.

to

electric system revenue bonds of¬

$100,-

44,000 2.20s. Due on June 1 from

Fulton

J
legality approved by
well Marshall, Trimble &

O.

Water District

fered

—were

follows:

as

1955 to

be

of

and

Atlanta,

Mit¬

Secretary,

sealed

2s, 2J/4s and

as

&

Groves, Texas
City

price of 100.06.

San

Sale—The $120,000 urban

lows:

of

general
obligation
office
building bonds was sold to the
Robinson-Humphrey Co., Inc., of

$16,000 2.40s. Due

Offering—George S.

(P.

Schools,x

Dickson, Tenn.
Bond

City" National

Wichita,
a

Huguenin

Bond, Offering

Cowart,

Bond

ment

000

PENNSYLVANIA

Note

of

of

Bexar Metropolitan

Ander¬

field, City Comptroller, will

Carolina

Sale—An

Bond

Chester

K.

the

and

2V2s, at

TENNESSEE

basis of about 1.90%.

a

.bonds

sewer

Bank

building bonds. Dated Oct. 1, 1954.

Bond

Sold —The

obligation

Dallas,

rill receive sealed bidsof $35,Y>6o
for
ufRiFJuly
the
purchase

1987

$500,000
building bonds. Dated July 1, 1954.

(PST)

p.m.

office.

Offering—W.

82,000

(State of)

bids

purchase

(A-O) payable at the

Superintendent

bonds of¬

posed of the National City Bank,
Bankers Trust Co., both of New

8

Bond

interest

for

Offering—Helen V. Zeller,
District Clerk, will receive sealed
the

Principal

County Independent School

State highway improvement bonds
offered June 30—v. 179, p. 2859—
were

Bond

until

City, Raffensperger, Hughes
&
Co., Indianapolis,
McDougal
&
Condon, of Chicago, Kalman &
Co., St. Paul, Moss, Moore & Co.,

District No. 76 (P. O. Alcester),
South Dakota

1964

Rhode Island

Jan. 1 from

No. 3 (P. O. Parkrose), Ore.

for

inclusive.

Treasurer's

Union

rejected.

were

1968 inclusive.

Multnomah

Not

inclusive.

175,000 2V4s. Due
1962 to

Jan. 1 from

Providence, R. I.

$3,885,000 not to exceed 3V2% in¬
fered

1955 to 1961

1964

and interest

on

issue

Providence,
at
0.73%
Due June 30, 1955.

to

$18,000 Main

Ira

Bond

Cranston, R. I.
Sale

Note

(P. O. Box 418, Hood River), Ore.

6

to

composed

revenue

000

s

1955

ISLAND

the

awarded

July

on

Gatlinburg, Tenn.

Hood River County School District

$350,000

Bieber,

Street improvement bonds. Dated
Aug. 1, 1954. Due on Aug. 1 from

Aug. 1 from 1955

on

Bank

offered June 28—v. 179,

Sale—The

(MST)

p.m.

group

of Glore,
Haupt & Co.,
both of New York
City, Central
Republic
Co.,
Chicago,
Wood,
Gundy & Co., and Baxter, Wil¬
liams & Co., both of New York

p.m.

inclusive. Principal
and
payable at the First Na¬

interest

2858—were awarded to Foster
& Marshall, of Portland.

Bond

re¬

8

6 for the purchase of

on July 6 for the purchase
$600,000
general
obligation
sanitary sewer bonds. Dated Aug.

p

1/3

until

(DST)

build¬

$61,400

Sale—The

ing bonds

bids

Fred

-—

a

Forgan & Co.,

City Auditor, will receive sealed
bids

City), Ore.

(P. O. Canyon
Bond

No.

Dist.

Sale —The
$1,900,000
extension, public improve¬
ment and park bonds
offered July
1—v. 179, p. 2756—were
awarded

DAKOTA

Offering

Dumas,

Bond

of

July 1 from" 1955 to 1960
inclusive. Principal and interest 1, 1954. Due

Due on

w

Bond

by

man, of Dallas.

sewer

to

son,

West Mifflin, Pa.
Bond

Ruby Gasser,

—

Clerk, will receive sealed

fnuntv

bids

July

dePhia or New York City. Legality

;

School District

County

Clackamas

TEXAS

Amarillo, Texas

Mcintosh, S. Dak.

build- ' & Trust Co., Pittsburgh, the Au- City
25—v. 179, thority s fiscal agent, or at, the

othnnds

pay¬

Bank, New

—

fale-The fl4o"o6o

Bond
•

Xt

CViiiIdv

The Hanover

City. Legality approved by
Reed, Hoyt, Taylor & Washburn,
of New York
City.

Bond Offering
Smirchase of $29,000 building
William S.
L nds Dated Aug. 1, 1954. Due Livengood, Secretary, will receive
Feb 1 from 1956 to 1965 inclu¬ sealed bids until noon (DST) on

sive.

at

York

The General State

(P?TJo onjulyJJor

until 8 P.m.

Principal and interest (J-J)

59

Housing Notes Sold—The Trust
Company of
was

Georgia, of Atlanta,
$210,000
of
the

awarded

$242,000 notes offered by
of

local

housing

a

group

authorities. on
June 29—v, 179, p. 2756. The $32,000 Kn&x City, Texas, note issue

The

,\«0

due to failure to

withdrawn

was

Chronicle

..

Monday, July

.

1956 to 1960 inclusive.
1961 to 1964 inclusive.

195,000 2y4s. Due on July 1 from
1965

oft

1969.

and

price of 100.036.

a

1967 inclusive.

to

138,000 2%s. Due on July 1, 1968

$42,000 Calhoun County, 111., -l%s
at

New

240,000 2s. Due oh July 1 from

Longview, Wash.
Bond Sale—-The $500,000 water
l%s, at 100.029.
and sewer revenue bonds offered
34,000 Perry County, 111., IV2S, at
on June 24—v. 179, p. 2424—were
100.036.
<
:
60,000 Etowah, Tenn., 1V2S, at awarded to Foster & Marshall,

23,600

Macoupin

111.,

County,

100.038.
46,000 Trenton,
;

100.05,

at jointly, at

IV2S,

Tenn.,

cost of about

100.027.

serially

matures

were

from 1955 to 1962 inclusive.

113,000 2V2S. Due on Aug. 1 froim

$10,000 sidewalk and curb
tures.

VERMONT

59,000 2Y4S.

30—v.

179, p. 2859—were
awarded to Wood, Struthers &
Cot, and Rand & Co., both of New
York City, jointly, as 2s, at
a
price of 100.69, a basis of about
1.93%.
.

North field Town School District,

Aug. 1 from

on

262,000 2%s. Due

-

ONTARIO

Municipality of Metropolitan
Toronto (P. O. Toronto),

Aug. 1 from

on

Snohomish

County, Monroe School
District No. 402 (P. O. Everett),
Washington
Bond Sale — The $185,000 gen¬

eral obligation bonds offered June
30—v. 179, p.

the

to

Debenture

Sale

—

A Canadian

headed
by the Dominion Securities Corp.
■ecently purchased $30,235,000 de¬
bentures, as follows:
nvestment banking group

1970 to 1975 inclusive.

school construction bonds offered

June

Due

$11,739,000 3y4s.
from

1955

to

18,496,000 3y2s.
from

dated June Co., Harrison & Co., Ross, Knowi*,
&
Co., Walwyn, Fisher & n®3
1954. Principal and interest
Wisener & Co., Charles H.
Bur^
(J-D) payable in Canadian funds
& Co., Bartlett,
at the office of the Treasure of
Cayley & f33
the Municipality in Toronto. Le¬ Beatty Webster & Co.,
Fairclough*
Co
LM, ,„d J. R.
gality approved b,y Clarke,
Swabey, McLean & Ross, of To¬

MobJ*

ronto.
and

The

debentures

several obligations

1965 to

Due on June 15
1964

inclusive.

Due on June 15
1984 inclusive.

joint

are

QUEBEC

of the 13

comprising

units
Municipality.
municipal

Other members of the

tures.

the

Bond Sale—An issue of
$25 onn
street
improvement

syndicate:

bonds

Gundy & Co., Ltd., A. E.
Ames & Co., Ltd., McLeod, Young,
Weir & Co., Mills, Spence & Co.,
Bell, Gouinlock & Co., Royal Se¬
curities Corp., Nesbitt, Thomson
& Co., Harris & Partners, Ltd.,
Gairdner & Co., Equitable Securi¬
ties of Canada, J. L. Graham &

sold to Clement,

Wood,

Quebec,

Co., Midland

James

National

Bank

jSond

Sale —The

$400,000 high

June 24—v. 179, p. 2652—were
awarded to F. S. Moseley & Co.,

aii(i Townsend, Dabney & Tyson,
both of Boston, jointly, as 2.10s:

Commission, Ooe
Bond. Sale—An issue of
$135 00Q
was sold to
Banque

school bonds
Canadienne
of

Securities Corp.,

98.18,

about

Nationale, at

a

3.90%,

net
as

interest

at

100.53,

basis of about 2.04%.

a

Washington
$400,000

Sale—The

10,500 3%s. Due

Hannaford, Ltd., Fry &

Co., Bankers Bond Corp., Deacon

26,500 4s. Due

of

Bond

Sale

school bonds

The

—

offered

Brookfield

$2,500,000

Bond Sale

eral

—

The $500,000 gen¬

improvement

June

29—v.

179,

bonds

offered

2756—were
awarded to Estabrook & Co., New
York City, and F. W. Craigie &
Co., of Richmond, jointly, at a
price of 100.03, a net interest cost
of about 2.04%, as follows:
1963

to

to

on

July 1 from

inclusive.

320,000 2.10s. Due
1964

1974

on

July 1 from

—v.

to

a

inclusive.

Local

inclusive.

Wells

&

2j/4s, at
of about

Farmers

Merchants

National

Bank, Winchester, or at the Manu¬
Trust
Co., New York
City. Legality approved by Wood,
King & Dawson, of New York
City.
facturers

WASHINGTON

Douglas County, Rock Island Sch.
Dist. No. 2 (P. O.
Waterville),

2.19%.

due

on

are

dated July 1, 1954

July 1

from

1955

tc

1972 inclusive. Callable as of July
1, 1965. Interest J-J. Legality ap¬
proved
by
Lines,
&
Spooner

Quarles, of Milwaukee.

Bond Sale—The $120,000 build¬
ing bonds offered June 25—v. 179,

Wisconsin
Bond

Sale—The

Washington,

as

...here is

$52,000

build¬

ing bonds offered June 22—v. 179,
2756—were awarded to Paine,
Webber, Jackson & Curtis, of Chi¬
cago, as 2s, at a price of 100.81,

Bond Sale—The $22,000
sewer

system

special

bonds offered

2756

p.

on

were

—

to

Bank

Racine,

SVas, at

as

&

tional Bank <of

Seattle, at
interest

a

to

the

WYOMING

cost

of

follows:

Bond Sale—The $85,000
general
obligation bonds offered June 30—
v.
179, p. 2860—were awarded to
Bosworth,
Sullivan
&
Co.,
of
Denver, at a price of par, as fol¬

lows:

$60,000 water works bonds: $30,000 13/4s, due on Jan. 1 from
1956 to
1960 inclusive; and
$30,000

2Vss,

1961

to

due

on

Jan.

1

1965 inclusive.

25,000 recreational facilities
bonds:

$10,000

l3/4s,

due

on

C A fJ A 9 A

Ellenshurg)t




Canada

$845,000 build-

about

a

2.13%.

net
as

new

Treasury
of
sol

(Dominion of)

Bills

Sold—An

$40,000,000 Treasury bills
i

on

issue
was

June 30, as follows: $35,

0.1 .™0, due Oct. 1, 1954, at 1.49%
yield; and $5,000,000, due April
1, 1^5. at 1.8; r.
.

dedicat¬
cure

buys

new

Just write "CANCER"

containing

your

check

or money

delivered to the American Cancer

on

the

CANCER

envelope

order. It wiH be

Society office

in your state.

AMERICAN

equip¬

facilities for treating and

curing Cancer.

Ellenshurg School

of

every dollar i send

Newcastle, Wyo.

and $15,000 2yss, due on Jan
1 from 1961 to 1965 inclusive

Commerce,

are

Cancer.

Co., of
price of par.

2.65s, at

price of 100.10,

helps support

ing their lives to find the cause—and

179,

Jan. 1 from 1956 to 1960 incl.:

tng bonds offered June 30—v. 179
p. 2524—were awarded to the Na¬

laboratories and scientists who

ment, establishes

Washington
Bond Sale—The

thousands how

assessment

1

Kittitas County,

V

Trust
a

new

recognize Cancer and what to do

every quarter i give

June 21—v.

American

by

about it.

sanitary

awarded

money

every n1ckle and dime 1

give helps teach

Sanitary District (P. O.
Racine), Wis.

,

life-giving

help those stricken

Cancer to live again.

basis of about 1.87%.

par.

District No. 401 (P. O.

to

p.

the

to

to yourself

(P. O. Route 2, Delavan),

from

awarded

Say

Delavan School District No..3

Washington

2756—were

all pf Chicago, as
price of 100.55, a basis

The bonds

(J-J) payable at the

State of

2f

Co.,
a

Principal

and interest

p.

June

Stuart & Co., Paine, Webber,
White, Weld &
Co., Lee Higginson Corp., Rod¬
man
& Renshaw, and .Mullaney,

Debt,

will re¬
sealed
bids at his office,
Room 222, Finance Bldg.,
Capitol
Square, Richmond, until noon
(EST) on July 15 for the purchase
of $2,650,000 water bonds.
Dated
July 1, 1954. Due on Jan. 1 from

&

$1,600,OOC

on

Mount Pleasant, Colonial Heights

ceive

1980

The

—

offered

bonds

179, p. 2756—were awarded
syndicate composed of Hal-

nett, Secretary of the State Com¬

1956 to

1

Jackson & Curtis,

Winchester, Va.

on

Unior

sey,

a

Bond Offering-:-J. Gordon Ben¬

mission

Berlin

New

p.

$180,000 l%s. Due
1955

Sale

Bond

school

and

Danville, Va.

and

High School District No.

(P. O. Brookfield), Wis.

p.

about 2.41%.

.

Free

30—v.

June

2756—were awarded to a
group composed of Phelps, Fenn
& Co., Stone,.& Webster Securi¬
ties Corp., Paine, Webber, Jackson
& Curtis, Hornblower & Weeks,
all of New York City, MasonHagan, Inc., Richmond, Dominick
& Dominick, New York City, J.
C. Wheat & Co., Richmond, Julien
Collins & Co., Chicago, Stein Bros.
& Bo.yce, of Baltimore, and Ferris
& Co., of Washington, B. C., as
2Vfes, at a pride of 101.22, a basis of
179,

gen¬

—

WISCONSIN

Arlington), Va.

SOCIETY

on

from

June 1 from

on

June

1965 to 1974 inclusive.

Findely Coyne, Ltd., Matthews &

obligation bonds offered on
24
v.
179, p. 2652 — were
awarded to the State of Washing¬

Arlington County (P. O.

of

1960 to 1964 inclusive.

ton, as 2.60s, at a price of par.

VIRGIN!^

ori™

& Co., R.

eral

June

a

cost

follows:

Snohomish County, Nueilted Schoo
District No. 6 (P. 0. Everett),
Bond

n?

05

to 1974 inclusive.

Seattle.

school construction bonds offered

wao

Inc

a

Greenshields & Co., $98,000 3s. Due on June 1
1955 to 1959 inclusive.
A. Daly Co.,

Bickle & Co.,

Dawson,

3s, at

as

St. Mathia* Sch.

Richardson & Sons, Wills,

Anderson

Guimont,

price of 9^92
a basis of about 3.92%.
Dated W
1, 1954. Due on July 1 from 195?

Co., Burns Bros. & Denton, W. C.
Pitfield & Co., Cochran, Murray
&

^

Donnaconna, Que.

2652^—were awarded

Pacific

1954

15,

*•--

Ontario

1969 inclusive.

1967 to

deben¬

340,000 paving debentures.
14,000 sewerage sysiein ueben-

1960 to 1966 inclusive.

Montpelier, Vt.
Jfroud Sale —The $750,000 high

to-Pemberton

awarded

Securities, Ltd., of Vancouver, and
Bell, Gouinlock & Co., of Toronto,
jointly, at 102.78, a basis of about
3.93%, as follows:

as

1955 to 1959 inclusive.

1

Aug.

on

net interest:
follows:

a

2.89%,

4J/2% debentures offered on June

$66,000 3y4s. Due on Aug. 1 fromj

.Each issue is dated Aug. 1, 1954
and

Blyth & Co., both of Seattle,

and

Westminster, B. C.
—<■ The
$364,000

Debenture Sale

24

5

The debentures are

BRITISH COLUMBIA

$272,000 l%s. Due on July 1 from

advertise the offering in the local
press as required by statute. The
$210,000 notes purchased by the
Trust Company of Georgia consist

t

Commercial and Financial

(108)

of

1

from