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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