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MONDAY

ISSUE

^""ssao"'

■

/

JUL

7J1SS9

ummt MKm

'JTfartON

Reg, XL 8, Pat. Office

Volume 190

Number 5861

New York 7, N.

General
RAILROAD
ABC
This

PUBLIC UTILITY

-

"The

service

continued
to

arenas,

mention

long-range plans and

our

of

success

Acoustiea
The

the

past

ultrasonics Was

Y., by this
tional defense;
The

Eastern

opened

hospitals,

wre

Division

of

and

in

United

June

on

23

in

Robert

L.

Rod,

different

plants,

said

that

plant,"

ultrasonic

and

control

craft

and

Mr.

new

•'

vast

/

Montreal

and

Executive

Stock

Stock

Exchange

applications in home, industry,

missiles, air¬

of several forthcoming ipew prod¬
recently conceived a novel means of
solid-propellant type rocket by utilizing
capable of providing a wide measure of
of

solid

fuelled

missiles

without

President

Aloe Cremc

38

Files With SEC

39

The

42
43

Markets

—

SEC Index of Stock Prices

1C9,

also

increased

in

the

approximately

Industries, Inc.—Sells

Adam

Thisl

Under

lias sold its Adam Hat agency business to Miller
Co., Inc., Harold N. Leitman, President of Adam Con¬
I. Benjamin Parrill, Executive Vice-President of Miller
announced jointly on
June 30.

ufacturers,
Mr.

-

Tire

Inc.,

division

said

has

of

part

these

by

the

the

The

Adam

the

corporation

parent

Adam

of

growth

forced

its time

divisions.

handled

the

is

manufacturers

Leitman

greater
of

Brothers

of

efforts

to

executive

staff

consolidation

retail

contracts,
Management Co.

he
as

to

and

explained,

Mr.

Parrill,
that

acquired

who is also President of Adam Hat

his

company would

Adam

Hat

shortly

jobbers;

The

Tire

includes
of

Mart

Stores, Corp.,
leased outlets in

auto

accessories

Mart

National

Fleet

Service,

fleet

operators;

Inso

to

national

for

its

The

which' retails

Tire

department

tires

A

Mission

California

beverages

throughout

Europe.—V.

Co.,

total

well

as

of

Federal

46

1959—9 Mos.—1958

$

Manager,

Income
U.

87,171,720

122,294.613

14,594,164

12,833,677

19,373,704

113,010,033
15,838,058

(est.)

7,567,000

6,760.000

9,959,255

8,420.000

for

7,027,164

6,073,677

9,414,449

7,418,058

371,522

505,236

573,132

805,494

7,398,686

6,578.913

9,987,581

8,223,552

$2.42

$2.16

$3.27

$2.69

before

and

S.

Net

taxes

Canadian

taxes

come

income

Dividends

from

of

have

the

Middle

it

containers,

are

capacity

a

containers

792

Wis.,

with

manufacturer.

East,

with

the

announced

was

packed individual shipments

of

348

cubic

and

feet

weigh

military Conex containers form¬

were

an

Total

from

purchased

additional

100 placed

expenditure

for

the

Higfiway
on

order

with

containers

new

opers.

* Earnings

per share for the periods
3,052,271 shares of common stock

NOTE—The

consolidated

?
foreign subsidiaries
to
the

the

extent

parent

that

Over
four

John

of

Sloan

19o8.
Mr.
tions
of

its

for

That

Smith
would

reports

1959

Smith,

were

$1,164,946

•

188,

up

the

safd

existence.-

a

total

stated

are

the

include

the

Canadian

remitted

sales

the

on

or

profits

companyi; except
cash dividends
to

in

Co., Inc.—Overseas Business

a

Year Ago—

a

was

189, p. 1921.

of

overseas
business for the first'
than -twice that of a year ago.
disclosed that overseas sales through
a

year

period

as

increase

uled to be
Purchase

Funds

.

for'27

months

vear

Buys Containers—
another link

military

in

household

the

establishment

shipments

between

financed by Seaboard & Western

for

and

additional~

•

The

east

of

notification

with

the

inventory and working capital.

monthly

rentals

of

"

coast

aircraft

cost

a

&

and $1,500
'

a
round-trip across
the Constellations sold,

operate
that of

"■

Western
the

of

can

lower than

payload.

—

States

the

North

and carry
r—-

operates across the North Atlantic between the
States and Western Europe, and also carries

United

The

military

company

below.—V.

Oil

189,

Well

Co., Denver,

1921.

p.

Completion—

Colo.,

have

announced

control

and

approximately

plan

continuous

a

Oil

5,000 acres of leases
development program.

%

t

Corporation—Stock Offering—
dollar hunt

oil

for

(estimated

1959

the

United

States,

Registration

the issue

of

with

the U.

S.

Sectfri-

ties

and Exchange Commission in
Washington has just become effec¬
tive, it was stated. Proceeds of the issue will be used to buy explora¬
tion equipment in the United States and to obtain American technical
help in the oil search on American Asiatic's concessions, which total
than

more

million

a

acres, the Company stated in a prospectus
The stock is now being offered to investors.

With theS. E. C.
P'ounded in

1957, American

listed

the

on

register with the S.

E.

Asiatic Oil is

Manila

Stock

first

in

C.

the most

of

one

Exchange,

with

filed

widely-held

approximately

Philippine oil exploration company to

the United States.

The company also announced through its New York

office, (Universal
Inc.), that one of the Japanese Government's top geologists,
Kazuyoshl Ida, on special leave to American Asiatic Oil Corpora¬

New York,

has just completed a survey of the concessions in collaboration
with AAOC's own geological
teams. Dr. Ida, Chief Geologist of the
Geological Survey of Japan, was retained as a special consultant, the
Company stated, to make recommendations for shallow drilling opera¬
tions

determine geological

to
in

now

there

Manila

within

and

the

mended staking

structures. Equipment for

Japanese

next

30

drilling

days,

out of new

it

was

experts
stated.

this

expected

are

Dr.

Ida

also

drilling is
to

has

"hopeful" areas, of which he made

arrive
recom¬
a

close

study.
Geological studies to. date — including a massive survey made #or
the Philippine Government by Grant W. Corby — have indicated that)
the

Philippines

from

Japan

Sumatra
In

is

and

the

the

"missing

Taiwan

and Java,

link"

(Formosa)

in

in

an

the

oil

rich

north

to

chain

stretching
Celebes,

Borneo,

it was stated.

registration statement filed with the S. E. C.

in

Washington,

American Asiatic Oil Corp. reported that it holds nine major conces¬
sions totalling more than 1,000,000 acres (in five of the
Philippines' six
delineated '.'petroleum regions") on which geological surveys have been

completed
(7)

paring

in progress. American Asiatic Oil Corporation has also
applications with the Philippine Bureau of Mines,

are

or

pending:

additional

500.000 acres. It is also in the process of pre¬
additional applications with the Bureau of Mines as
by its Japanese consultant, Dr. Ida.
20,000.000 shares are being issued for over-the-counter sale In
an

three

(3)

recommended
qiie

a

price-of-114 cents per share,, the prospectus
capitalization is 500.000,000 shares author¬

stated. The Company's total

ized,

which

of

1959.—V.

188,

314,123,000
p.

2241.

shares

were

outstanding

as

of

April

30,

•

-

personnel and cargo over the Atlantic and
has an application before the Civil Aeronautics
authority to extend the Trans-Atlantic routes to eastern
and southern Europe, the Middle East and the Far East- It aleo has
applied to the Board for permission to establish Trans-Pacific service
from the east coast, midwest and the west coast of the United States.

United

Texota

well

~

$35,000 per aircraft

•'

CL-44D-4

the

Co.

2669.

work-ittg~-eapttftl—the United- -States-at

.

Pacific.

.

down-payment

at
■

Seaboard
opera¬

is being

fleet

and

new

p.

totalling

through the sale-leaseback ,of" five Super Constellations
engines for $9,429,000, the equipment to be leased back

engine.

twice

full

the

DA-3

15

Atlantic at

moving

new

■

in

third

the

for

BoardJfor

company has begun forging
all-commercial handling of

of

obtained

of

113.5^.

letter

a

the

seven

completed by the spring of 1961.

by depositing 10T in cash, 10'c on delivery, with the balance payable
a
to Canadair, Ltd. in monthly installments over a period oi live years.
of five

volume

total

he expected the
company'^ overseas
close to $3,500,000 in 1959,
only the




applying the funds in part to the purchase of five longrange, Canadair CL-44D-4 heavy lift, prop-jet aircraft
and spare parts costing $23,000,000, and has taken an
option on five more of the aircraft. Deliveries are sched¬

with' $545,581

ago, with

compared
of

R.

Services, Inc., announced the private place¬
$9,429,000 first and second mortgage notes of
its* above-named subsidiary.
The notes were issued in
connection with an equipment sale-leaseback financing
program arranged
by Aviation Financial Services for
Seaboard & Western* Airlines, Inc., a leading scheduled
international cargo-mail carrier. Seaboard & Western is

per

President

tion,

of

ment

were

for

Texota

and

1,600 shareholders. It is the

Financial

and

more

over

four-month

reported

1813.

p.

volume

President,

$619,364

represents

grow

its

is-cunning

-

outstanding at April 30, 1959.

not

been

Transit

Higher Than

company

months

do

than

have

corporation.—V.

100%

This

,

(other

profits

Aero May 1 lower

*

figures

Harold

the

189,

companies

Trailer

Carriers, Inc.4— Private Placement — Gen.
Harris (USAF Ret.), President of Aviation

Airborne

1

British

Net income-.
'Earnings per share
basis of

•

in¬

subsidiary

,

°

$

_

formerly

an

and

now covering more than
one-quarter
Philippines' 115,000 square miles, a major publicly-held Philip¬
pine oil company, American Asiatic Oil Corp., announced -on-June 24,
1959 that it plans to offer 20,000,000 shares of its
capital-stock for sale

International Division.

into which

They replace the

placed at $300,000.—V

1959—12 Mos.—1958

$

90,934.568

S

sales

Net

filed

19

to be used

are

American Asiatic

Dr.

189,

June

With an intensive, multi-million
expenditures: well over $5,000,000 )

45

—_—

as

Van

Sea

new

boxes,

goods,

Edgerton,

German

Addressograph-Multigraph Corp. (& Subs.)—Earnings
Period End. Apr. 30—

.

Ambassador
—V.

2237.

p.

Division, was
139, p. 2885.

corporation

—

on

corporation

around

46

erly used by Mayflower in the transport of household goods overseas.

Tire
truck

to

Products, producers of insulated wire;
Corp., watchband
manufacturers,
and
Mission
Inter¬
(Europe) Ltd., manufacturer and distributor of extracts and

of

of

—

Europe,

900

Cameron,

huge metal

pounds "each.

1,600

and

stores;

tires

of

and

nearly

household

of

dealers

of

Maurice

by

newly

Vanderbilt

franchised

distributor

Banks

in

Gcmex

national

licensor

through

46

Member

Banks

States

United

the

Electronic

The

the

tires

of

the

Consoli¬

Aniline

Brunswick-Balke-Collender

of

formerly

plans

11

—

The Course of Bank Clearings

Manufacturers, Inc.,

announce

Consolidated Industries, Inc.,
Rubber Corp., national distributor

^53

Payable

System
Condition Statement

Reserve

business.

agency

Adam

and

development

Adam

for

agent

devote

committee,

the

the

Vanderbilt

were

executive

of

now

completion of an important extension to the Richey Pool, McCone
County, Mont.
The well, the No. 1 Schrock, flowed
1,060 barrels of 38-dcgree gravity
oil in 24 hours on initial potential test.
A southwest diagonal
offset, the No. 2 Schrock, is now drilling under
surface pipe.

Redemption Calls and Sinking Fund Notices. 46

in¬

Man¬

purchase

stated

and

the

Hat

Consolidated's

dated.

and

Adam

Hats.

Adam

company's

and

of

proceeds

This

Reserve

Combined

Miller Brothers

purchase

Miller

the

of

Vice-President

Ambassador Oil Corp.—Announce

Rates—

Statement

Federal

and

the agreement, which became effective
July 3,
all contracts with, agency stores and will

assumes

ventory.

Exchange

Condition

Hat

solidated,
Brothers,

Declared

Dividends

Foreign

corporation

Brothers

is

(A. S.) Aloe Co.—Merger Approved—

MISCELLANEOUS FEATURES

Agency Business—

Board

Ferguson

182, p. 2353.

See

Hat

the

of

Mr.

Laboratories, Inc., Fort Lauderdale, Fla.—

corporation

The

V.

General Corporation & Investment News-Cover

Consolidated

the

of

Committee,
member

volved.

33

State and City Bond Offerings
Adam

member

a

covering 75,000 shares of common stock (par $1) to be offered lor
subscription by stockholders of record June 1, 1959 at the ratio of one
share for seven shares held at $2
per share. No underwriting is in¬

proportion.

same

be

33

Transactions American Stock Exchange

2345.

p.

presently

SEC

33

Transactions New York Stock Exchange.—

the

parts, the new system is of considerable interest be¬
simplicity and small physical size, according to Mr. Rod.
rapid expansion
during
the past
four years
of
its
existence is highlighted by its report of net sales for the
year ending
Feb. 28,
1959, of $4,857,999 which is a five-fold increase over sales
of $1,C9G,760 for the
previous fiscal year.
Net income and earnings
share

National

37

Dow-Jones Stock and Bond Averages
33
National Quotation Industrial Stock Averages 33

its

—V.

the

of

Chairman

a

a

Miller.

B.

will

Executive

currently

Glen

is

of General Chemical Division.—r-V.

Acoustica's

qier

Brown,

Exchange

Toronto Stock Exchange—Curb Section

development

rate

Mr.

Officer;
and
Officer, effective

Operating

director and

a

Fisk

and

Chief

President

of

Fisk, Chairman oi the
Ferguson, Chairman of

S.

Administrative

37

Over-the-Counter

a

and

the

of

Harry

Chief

and

is

Mr.

Vice-President

Toronto Stock Exchange

improvements
measurement

of

Chairman

and

officers

new

committee.

34

Exchange

the

of

executive

Officer;

Committee

M.
Brown,
retirement in

34

—

Executive

Canadian Stock Exchange

moving

ot

cause

Stock

Executive

Each

34

37

•

e

level

Potentially
thj-burning

over

Exchange

36

Acoustiea

thrust

Stock

Philadelphia-Baltimore

plant and other ex¬
about major, scientific

declared, "portends
for cleaning, iiquid

used

new

them,

the

energy.

of

for

described

Among

control
use

equipment

and

controlling
sonic

Rod

September

Pacific Coast Stock Exchange—

submarines."

Rod

ucts.

Mr.

President

upon

Detroit Stock Exchange-.
Midwest Stock Exchange

substantially less
Landing, Long Island,

of the ultrasonics industry will bring
breakthroughs during the coming year.
new

Chester

Chief

805.

p.

elected Kerby H.

34

Exchange-.

the

and

189,

Corp.—Changes in Personnel—

directors has

of

29

Stock

Pittsburgh

the

board

Board

Cincinnati

with

Glenwood

and

Allied Chemical
The

13
25

na¬

1

pansions
"This

industry,

company's executive headquarters
and research operations which were

Mineola

President,

for

market price.—V.

Boston

the

Y.

in

Page

Exchange

Exchange at

then prevailing

(Stocks)
New York Stock Exchange (Bonds)
American Stock Exchange

exclusively
Long Island,

Plainview,

to the prospectus, the; shares are to be
present holders thereof from time to time in the over-the-counter
(if The-shares are listed) on the American Stock

the

STOCK AND BOND QUOTATIONS

proceeding

devoted

systems

home.

the

four

States

ultrasonic

production

located in

space,

the

consolidates

previously conducted
floor

in

manufacturer

plant

new

plant

According
the

in
confidently expect our phenom¬
continue,"
says
Mr.
Sherman.

to

years

few—is

a

Park, N. Y.,
1959, seeking
capital stock.
offered for sale by

markt or

New York Stock

single

company,
located at 30 Verbena Avenue, Floral
a registration statement
with the SEC on June 26,
registration of 38,697 outstanding shares of its $1 par

filed

In This Issue

Associates, Inc.—Opens New Plant—

largest

N.

N.

All-State Properties, Inc.—Registers With SEC—

our
services,
from theatre food
installations in air, rail, bus and
turnpike restaurants, and in-plant

cafeterias—to

Copy

a

MISCELLANEOUS

-

This

—

189, p. 1125. ;

and

INSURANCE.

-

of

vending

sports

automatic

with

to

diversification

automatic

terminals,

subway
employee
enal

INDUSTRIAL

-

Vending Corp.—Expects Record Year—

concessions

$1.25

Corporation and Investment News

the fastest growing and one of the largest
organizations in the world,
celebrates
with
its
predecessor companies its thirty-fifth anniversary this month with the
prospect of surpassing in 1959 its record
$6^.000,000 gross racked up
last year, according to Benjamin Sherman, Chairman
of the Board.

line

Price

corporation, today

refreshment

—V.

Y., Monday, July 6, 1959

American
This

Cyanamid Co.

—

To Build New Facility

—

will build a new facility to produce mclamine crystal
company's existing molding compound plant and de¬
velopment laboratory at Wallingford, Conn., it was revealed on Juno
company

adjacent
25 by

to

the

Dr. W. G. Malcolm, President.
Is the chemical raw material

Mela mine

products;

Soma-of

melamine

dinnerwarc, adhesives

The

plant

mclamine

will

the

have

annually,

t

and

better-known

an

will

and

initial

utilize

used

in

applications
wet strength

a

are

wide

variety

of

Melmae quality
resins

paper

capacity of 10,000,000 pounds of
an improved process, according to
'

2.

The Commercial and

(46)

jjouis J. Francisco,

'*

elected

general manager of Cyanamid's Plastics and Resins

Division.

.•

.

•'

program to

on

Mr.

ouf

for

ment

Over $16,500,000

™

American Enka Corp.
corporation

This

.

.

Demand

1922.

and

be

to

from

$56

per

share.

rayon

President

announcement

Board.

the

John

of

the

at

close

last

of

the

A.

to fractional

sec¬

written
of the

the board upon retirement
and reinstated to receive

Mines

Inc.—Registers

with offices

in

registration

With

Bank

the

SEC—

at

$0,875

■\i". '/'H V'/.,

share.

per

estimated to

cost

(3)

$350,000;

standing,

of

abo.it

$15,000

exchange

In

for

Mexico

and

75,000

common

shares

67,400

the United

States.

shares

rind

State

are

determined

be

offering.. There

until

immediately

prior

to

the

held

by

The

This

public

Nationwide

proceeds

with

and

the

tion

the

part
will

sale

to

of

the

Aro

Guatemala,

Mexico,
in

Panama

also x-ngaged

the

Venezuela.

and

telephone

gas,

and

Certain

quarterly

dividends

of

cents

25

is

listed

on

share

were

per

share

the

have

York

been

in

paid

in

both—has

in

Income

the

for

Earnings

Two

date

to

stock

common

which

be

may

<

acquired

188.

pursuant

on

a

reported

been

by

this

55.59

increase

in

the

for

company

sales—

in

second

the

six-month

share

per

period-in

Sales were

for

the

expects to go ahead with its expansion plans to meet
energy needs in its operating areas in Latin America
problems in some of the important countries served,
li'enry B. Sargent, President, told shareholders at the annual regional
meeting held in New York on June 24.

189, p.

1959

$1,753,708

was

cents

71

were

1570.

that

in

to

net

each

work is proceeding on
the third and fourth
hydroelectric development on the Rio Grande

of

conerating capacity.

Paulo

Sao

These units

which

will

add

scheduled

are

to

be

he reported,

company,

also is

going ahead

con¬

program in Cuba to meet expanding power needs, and this
expects to install about 82,500 kilowatts,
which will bring the
Cuban company's generating capacity to about 480,000 kilowatts.
He noted that electric
energy sales in Cuba in 1958 were 14'<
greater
than in 1957, and that net revenues for the first five months of 1959

year

in

the

period

same

1958

in

as

a

result

of

With

The

mated

at

1962.

To

of its

of common
unit.

The

per

and

1

share

"offering is

fJccurities

Cor]).,

of

to

which,

preferred, .at

be

made

on

a

receive

will

a

Preferred Stock,
value.
It is proposed

an

best

$12

to

with

the

dated

The

of

$100

of

interest

debentures

rate,

subscription price to

the

at

1958,

19,

subscription

thereto.

$50,000,000.

The

'

-

by

apartment

hotel.—V.

American

189,

pp.

Machine &

Automatic Pinspotter
Morehead
tnat

the

Patterson
automatic*
oru6r,

,

ol

June
;

glass,

for

cohsideratien

of

60,000th

MacKenzie,

Stauffer

is

He

—V.

also

189.

i,s

the

Board,

announced

on

June

29

»

a

day and

-a

said

that

that

as

set

lami¬

America

the

Chairman

of

the

—

Board,"

new

business

is

being

received

at

rate.

of

and

the

June

board

will

The
the

SEC

question

of

who

has

Columbian

of

Stauffer

Carbon

Co.;

>-•'

V

m

one

of

28

new

July in the Wy-7
Wytfitjing Ave., Detroit.

about

the

AMF

Automatic

Recreation,

from

Co.

and
to

request

a

vacate,

or

a

.

March

23.

Pin-

Television

filed-a

notification with

the

of

10,

the

Commission

contained

offering

false

violated

and

.

asserted

misleading

Section

17

Securities Act.
At

the

July

(the

suspension order

heating,

for
or

the

inquiry

purpose

make

it

ot

-9

hearing

earlier

"who

of

189,

p.

Anchor

Metals,

Kennedy (D. S.

»

on

-provision)

of

the

these

and

vacate

below.

,

'

v

on

<:

,

achieved the highest sales
other income .climbed to over $17,the previous record of $13,098,665 for the
company
.

'^

\

■■■

full'year

the

'A

r
available

not

are

it is

yet,

as

p.. 2778.

y

.-f.

v

.

.

continues

the

President: of

as

the

said

company,

operations had consolidated sales in
year ended April 39,' 1959. * "
\

combined

they
excess

for ,,the .fLscal

at Manhattan Beach;

with facilities

Calif.,-, and-. Tulsa.

both -profile milling and chemical milling; produces electronic

pioducts and is engaged in industrial equipment
'

also.will

Denney

operated

as

a

continue

>

-

;o;. '

of Mid-Continent

President

as

-subsidiary.

*'

•"*

which

' -f .'**

'**<

transducers,
*

tions

telemetering

automatic

and

.-

field

chemical

and

and

milling

firms

and

titanium

magnesium
should

be

LThe
.

by

patents

"its

Tulsa

In

•

in

heat

full

is

will

Beach; plant,
«;•

to

.

Sept.

by

I,..

1

:

the;chemical

use

•

milling/Automation

ultrasonic

and

other

he
;

-

milling
and

stainless
plant

steel

handle's

commented.
>

.

It

i

covered
operating

processes

has

:

.

to ^chemical

announced

Denney

temperature alloys,

North American Aviation,
for nearly two;years.

facility

L

,

'

held vby

addition

Mr.

•?

capable of- processing
metals,
while the Tulsa

high

operation

manufacturing

.

be

resistant

licensed

'•

.

aluminum

and

in

firm

facility

applica-

airborne

•./.

-

-

complete

for

recording systems for labora¬

already one *of the* nation's leading
through its Tulsa, Okla., facility,, enters the
in Southern California with installation of a

22.

June

The

data

.

rapidly-expanding field
facility at its main Manhattan
on

instruments

servo

indicators

testing.
"
Instruments, Inc.,

been
'

Instruments is engaged

nondestructive

testing equip¬
providing nondestructive testing service on a contract fee basis,
of*
electronic
systems*
subsystems
and
components
milling of complex aircraft, and mlksife parts1, and'industrial
equipment leasing,—V. 189, p. 2670.
ment,

manufacturing
profile

the

Ayeo-Corp.—Sales and Earnings Show Gain-

2778.

cents

Inc.—Merger Effective—'

& Co.

President,

"

acquisition of Mid-Continent shares adds the Datran Electronic
Division
which- is. engaged
in
the. development, and
production of

Net

See

189,

electromechanical

will be

order

.

permanent.—V.

\

*

•,

munu|taetures complex structural, co'inpopenta; 'through the appli¬

Mr.

on

Commission *

will be conducted, into
determining whether to

' '

Record Earnings-

Kern,

l.etiKlhg.

Corp.

-

company's olfering
representations'and that the

'
14

matters

,

■

that

$3,000,Q00

and

Co.

that "1the

anti-frdud

Ky,"

County,
.

.

The'

1S59.

1959,

*

the

increase over

Mid-Continent,

the

proposing the public offering of 100,000 shares of com¬
mon
stock at $3 per share pursuant to the conditional
exemption from
registration provided by Regulation A. In its suspension order, issued
June

1

the total shares outstanding, to 984,927.,
making the- announcement, Corwln D. Denney,- nfivly-appointed
of the Board and Chief Executive ..Officer, and J. Randolph

Richards,

—

of this company* for
make permanent, an

#
just?, ended

34'r?

a

-anticipated

Hearing Ordered
Exchange Commission—

granted

whether

Radio

Taylor

in
•*

Chairman

.

—

a

howling
establL-hment a r 18908
Thev will replace 4MF
machines ins'al led there in June 1953. Larn
Sisson,* Wy-7 owner and
past
president of the Detroit Bowling Proprietors
Association, has




has

&

;

the

of

In
.

Mr/.

Chemical
..v.,

Pool

/

corporation'has exchanged 500,000 of its/ common shares for
outstanding stock of-Mid-Continent
Manufacturing;(Inc..

This

announced

arid" Greyhound

">

.

operations

raising

Okla.,

directors.

resigned

''

$3,000.000."—V.

all

'j

24.

;•

.

'***

the Commission temporarily, Suspending a
Regulation A exemption
from registration under the Securities Act of 1933 "with
respect to a
public offering of stock by American Television. The hearing is, sched~tiled* for July 14,
1959-,- iiv the Commission's Chicago Regional Office

related
be

;

.

Duval,
Starr,
in Texas, in

Automation Instruments, Inc.—Acquisition—

f

director

2346.

Securities

By

..

60,000th4 machine
spotter." to be nmalled

*

counties

'

of.

New Director

on

Associated's
South Texas;

Arranged—Herbert

year

Automation

stock

shipping 100

Wells

■

01

company also is offering
forth above.
A portion oL the

'•

American Television

circular

,

AMF is' how producing and

'

■

Victoria,

Tyler,
Jim

Atlas;-will - complete this year with net earnings, sub¬
stantially above*;the. preceding year, and we are hopeful that; the
company will achieve a rqew all-time high. L; ...
*
• •
"On April
17th, this company- successfully completed^ from1 two of
'the Nation's largest insurance companies,' a
12-year.unsecured loan

The

$33,000,000.

of

President

director

p.

American
of

in

Ttk 12-year history." .Sales and

of

Leases

"

.•

south

Greensburg

2778.

Loan

anticipated

and,

bonds due April 1. 1982 and
shares of common :stock at an

209,000

(he

in

preceding, yeay.
•<'•••.•; ....
1; "Although earnings for

first mortgage

purchase

the

:Co.1; of

around

500,000,
;

plant i.i projected for completion in
this construction, the
pempany has/entered into-ah
of 69

period,

field

gas

19, said;

"In
in

'■••

■

rolled

-

D.

Mr.

1233.

Foundry Co,

and

north

'

Board

an

company has leased its 60.000th Automatic
Pinspotter. Mr.
said that this gives AMF
two-thirds of the estimated 90 000
tenpm bowling machines which are now installed or' on

machines

The

and

construction

—

Patterson, Chairman

Mr. Patterson al.-o
same

2886

for

and producing activities of

Kentucky operations.
Its current operations include
completed; two gas wells completed,, one dually; three

189,p.

'

exercising its-

••••

-

glass

plav

new

appointment of Hans Stauffer to
Staufl'er replaces James S.
Rockefeller

Co., I nc., New Or¬
April 23 publicly offered 100,000 shares of"
stock (par 10 cents) at 50 cents per share.
used

and

60-day

Private

stockholders,

shares'

"

.

purposes.

Oil & Gas Co.—Drilling Operations—

Atlas Sewing Centers, Inc.—Expect

record,' date,
The common

153,600

prices;

' ' ;

"

manufactures and sells sheet

the

on

be

•

-

its

to

the

v.

stockholders, under

and

American Smelting & Refining Co.

Stock Offered—Assets Investment

to

v

,•

•

i

of the company's exploration

wells

tory and

are

'

.

for

each

March

2238.

J.

The company now has
outstanding 162,-OOG shares of common stock
which 62,000 shares were
acquired by Joseph D. Lindsav, president
end certain other officers at 10c
per 'share.—V. 189, pp. 2880 and 1233.

proceeds

,

.

solely for general corporate

...

major

cation

Of

PROCEEDS—The

..

used

operation immediately.
is
currently drilling

oil

oil

amount

build

penditures.

common

be

wells

new

t

3,000 block of St
Charles Avenue in New Orleans
owned by an affiliated
company at
An estimated cost of $2,000,000.
Net proceeds of the sale of the
units
will be applied to the construction
of the building and
related ex¬

leans, La.,

.

will

letter to holders of its preferred stock
ready market, has asked for tenders
of outstanding preferred stock.—V.

a

shares

have brought in a
extended production limits in
an
oil field; participated in the development of two other recently
developed major gas fields; and brought Associated into the important

SEC—

process of the sale of the debentures and common stpqk will be
applied to the retirement of $3,950,000 of long-term debt and the balance
Will be applied to the cost of constructing the new.,: plant;—V.
189,"
p.

to

a,

have

successfully drill stem tested, with casing set, and being
completed; two wells successfully drill stem tested in upper sands and
drilling ahead; three tests spudded and drilling; and four proven loca-«
tions staked witfi rigs
moving in.
;.
i
The company's* announcement further states:
• '
/

net

per

unit.
intends

for

its debentures and common shares,

basis by Lindsay
commission ot
$180

company was organized in February 1959.
It
160-unit modern apartment-hotel on a site In the

at

debentures,

rights

$33,000,000

aggregate

shares

efforts

selling

The
ft

3

held.

rate

agreement for the-sale to The Prudential Insurance

69

consisting of
offering price of

of

finance

warrants

no par value. $9 stated
for public sale in units

1, 1961 to

-"'-■

two

for

gas

nated safety glass and specialty glass products and intends,
upon com¬
pletion of its new plate glass plant, to manufacture and sell plate, glass.
The cost of constructing the new plant,, plus related
charges, is esti¬

UP

convertible,

share

shares

company

As previously noted
in pur June 29 issue, this company filed on'
June"25. ^''registration' statement" with the SEC covering 600,000 shares

to offer these securities

the

to be supplied by amendment.
for, subscription1 by common

are

offered

new

contract

$6,400,000

American Investors Syndicate, Inc.- -Additional
Regis-

cumulative,

1

at

stock

common

be

common

subscription

p.

tration Details—

stock and 200,000 shares of

of

option

an

1£61.

10c par common

of

to

is

rate

275.000

installa¬

generating capacity and lower fuel costs.—V. 189,

com¬

1266,

survey

a

two

3Vs. shares held. The record date;
subscription price and underwriting terms are to be supplied by amend¬
ment.
F.- Eberstart & Co. is listed as the
principal underwriter.
**
'.*■ Soeiete Anonyme des Manufactures des Oinces et Produits Chijniqucs
de Baint-Gobain,
Chauny et Cirey, the company's parent, is purchasing

struction

were greater than
tion of additional

the

at

placed in service

with its current

shares

also

stock,

common

underwriting terms

stock

in I960.

I The

8

and

kilowatts' of

95,000

312

of

Tenders—
not

17,519

proceeds
p.

addition

"

principal

by holders of its

Brazil

Peixoto

State

total

a

26vo.

p.

.

Associated

due

the

the

Nolan/Waller,

compared

compared

of

past

uled

company filed a registration statement with the SEC on June
1959, covering $11,221,500 of subordinated (convertible) debentures
1983 and 544,314 shares of common stock.
The company proposes
offer the debentures for subscription at 1009
of

26,

current

the

*

months, Harry J. Mosser, Chairman of the.'Board on
June 16 reported the company has 16 drilling rigs running in seven
Texas counties and in Taylor County, Ky., with two more rigs sclied-t

This

This company

hi

;l,ad

company

189,

.

hespite

of

1959.—V;

1,

!

does

Associated
the

to $12,439,640, from $8,482,429.

up

first-half^

stock

188,

In

second

American-Saint Gobain Corp.—Registers

.growing electric

said

The-

companies.

as/of May

1266.

p.

"In

Ho

the*

•-

May 31.

1959

1958's 46 cents.—-V.

Expansion—

loiver

of

corporation, noting in

5,000

on

1959.

units

install¬

was
incorporated under the laws of the
1851. Its execnti/e office is located at 246
Ohio. Originally organized, as
a
wholly./
Nationwide Mutual Insurance Co., 519
of

5,

;.'_V ••/

that such

--V.

income

net

v/ith $1,128,755 last year.

Stock

1958.

acquisition

company

Asks Preferred
This

West

A record six months was recorded, as
well, according to Samuel G.
Rautbcrd, President, with a 55.49 increase in income on a 46.79 rise
in sales, compared with the same six month
period in 1958.

sub¬

transportation

New

paid

2100

.

-

per

at

quarter was $984,043, up from $599,319
in the second quarter last year.
Sales rose to $6,744,777 in 1959, from
last year's $4,336,869.
\
Earnings per share were 40 cents in 1959, up from 24 cents the *
previous year, both-based on 2,475,000 shares of common stock cur¬
rently outstanding.
'■
/
v-' yy •*'. ■ ■

businesses.
The
company's common stock
Exchange, and dividends of $1

of

1959 ended

Income

programs.

are

shares

increase

for

quarter of

The
company is a utility holding
company whose operating
sub♦sidiarics derive 979 of their revenue from the sale of electricity in ten
Ijatin American countries—Brazil,
Chile, Colombia, Costa Rica, Cuba,

sidiaries

of

the

.;'-y•,

Equipmjpnt Corp^r-Private Placement—This

'

The

64.29*

records

of

applied to
cluding investments in subsidiary companies, to aid in their construc¬

lSquador,

to; be used

including

1, 1979 and $600,000 of serial notes due, June

Earnings at Record—

will be applied by
outstanding bank loans,
general corporate purposes, in¬

be

balance

lass expenses of the Issue,

through Dean Witter & Co., has arranged to place
privately $1,400,000 of 5.25% sinking fund notes due June

Exchange Commission—
located

company

200.000

—A

debentures

the

repayment

company

pany,

thereto.-

of
The

from

in

the

Columbus,

Insurance

share! olde'rs

participations in its Employees' Common Share Purchase Plan, together

Metropolitan

company

by

-shares, will be used as follows:
series A subordinated deben¬

'

Dempstejr, Evanston, 111 ; filed
{^registration statement with the SEC on June 29, 1959, covering 1200

1987.
Net

receive*J

be

to

common

American Photocopy Equipment Corp.—Registers With

Securities and

Life
Insurance
Co.,
$25,000,000 by
The
Washington, and the balance by other in¬
stitutional holders.
new
convertible junior debentures will rank_
equally with the company's outstanding 4,80'U junior debentures due

the

proceeds

»

Oct,

on

St.,

subsidiary

1965.

are

Bank

case

outstanding common shares, or a total of '29,499 shares. /With one
exception, the
Board of Directors .of fiie company is composed o|
individ> als- who are also members of the Hoard of Directors of the

the

by

High

owned

to pay $15,000 from the proceeds of this financing, Higgason,
principal promoter, exchanged all the outstanding shares oi Com¬
pania Minora Urite, S. A. Higgason subsequently donated 27,400 shares
to the company treasury,
/•',; ;
p.

presently $52,500,000 principal amount of the 5%'i
♦sinking fund debentures, due 1982 outstanding, of which $25,000,000 are
Export-Import

the

In

the common shares
was
sold to the public in December 1952. As of
May 1,. 1959; Nationwide Mutual Insurance Co, and Nationwide Mutual
Fire
Insurance Co,, of Columbus,
Ohio, eacn owned 24'-a9
of'the

out¬

now

-The

Ohio

of

North

of

v

commitment

a

-The

additional

the

receivable;

BUSINESS

,

payment

notes

ment

-V//:;. v|''. A'*.-9: 9 y*

•

ISSUE

OF

the sale of

of, the company; -$JL22,000,
additional working capital

for

the

registration statement states that each $1,000 junior debenture
will be convertible to the extent of $500 principal amount into senior
SVb%
sinking fund debentures due 1982 and to the extent of $500
Into common stock of the company.
The interest rate of the junior
debentures
and
the
conversion
price with respect to the common
not

have

share.

shares has been, approved by obtaining the
the holders of more than two-thirds

tures

'

company

summer.

will

shall

offer, but not to exceed 4,000 shares, will be sold to
& Co.; of Columbus, Ohio, at $20 per share for

from

The

*tock

major fractional

$118,000 to prepay a. like amount: of 39»9

obligations; (4j to carry on with the balance of the proceeds *
exploration program for acquiring and exploring lor additional gold//

minergl properties both in
According to the prospectus

This company on June 30 filed a registration statement with the
covering a proposed offering of
$22,500,000 of convertible junior debentures, due
1982,
through
a
«roup
to be headed by The First Boston Corp.
and Lazard Freres
As Co.
It is expected titmf the offering 'will come
to market in the
•

to a

issued,

were

additional l*uii

an

Fractional

However, those

consent of

PURPOSE

Building,
statement with the SEC on June 29,

company

and

SectirifW ahd* EXclWhgF Commission

late

1959.

the offering.

resale to residents of the State of Ohio at $21.50 per share.

: '

the Southwest

of

other
an

Exchange Commission—

and

June, 16.

on

the

record

outstanding shares of the company/The subscrip¬
expire at 4:30 p.m. (EST) on July 17,1959.
not subscribed and paid for at the expiration of

Shares

and

day

per

Foreign Power Co., Inc.—Registers With

American &

Securities

business

of

tion offer will

was organized
in March- 1958 to engage ^principally
acquisition, exploration and development df gold-bearing prop-%
the marketing of gold.
Net proceeds of the stock sale will
be used as follows: < 1 > assume and pay an option held by its Mexican
subsidiary to purchase certain mining claims in the ;-ltate of Darango,
Mexico, owned by Compania Minera La Bufa, S. A., by paying to such
company $50,000;
(2 > to'construct and place in working, operation a
n inc.
mill and accessories capable of processing 100 tons of gold ore

Managing Director and Chief Executive Officer
has resigned, effective July 1. Mr. Bailey will
to be available for assistance.—V. 189, p. 1017.

Bailey,

indefinitely

of

shares at

common

shares owned

oversubscription, shares will be allotted to share¬
holders in proportion to their respective holdings, with¬
out regard to fractional shares. The right to subscribe is
nontransferable. The foregoing arrangement with respect

the

ertles

past two years

continue

close

12,000

an

the

company;

Tee

in

•

year

of

share, with a dealer's concession of $1,40 per
This offering was quickly completed.—V.
189,

estimated

arc

Will.

Frazer

Cor

Gehan

P.

Admiral

Will.

named

was

the

for

each five

for

right to subscribe for

covering 150,000 shares of common stock, to be offered for public
sale, at $5 per share.
The company proposes to offer the shares"'directly*to the public.
If no underwriter is secured, the olfering will
be made through Sam Higgason, cor.ipahy President,
Soiling expenses
*

membership and

board

to

member, of its executive committee.
The office of "President" was vacated by

Offering—A

share

one

share, if fractional shares
,

1959

-

•

.

Will also, was elected

Admiral
e,

Co.—Secondary

Monday, July 6, 1959

.

shareholders who would be entitled

overseas

American

Executive Officer, effective July 1.
The
by Mrs. Josephine Bay Paul, Chairman of

made

at

of

* shares will not be issued in

of

use

.

Vercoe

Chief

and
was

President—^

24 elected Vice Admiral John M.

of directors on June

The board

USN,

rate

expecta-

$20 per share,

at

ers,

2777.

p.

This

Inc. —New

optimistic

most

our

in Sweden

ago

American-Marietta

,

Export Lines,

exceeding

strong,

.

Approved Finance, Inc.—Offerlh|"to Shareholders—
The company is offering to its shareholders the right to
subscribe, pursuant to pre-emptive rights of sharehold¬

been

the AMF chairman said, adding that "demand
allied AMF 'Streamlune Decor' bowling equip¬

Houston, Texas, fhed a

American

had

games

ondary offering of 79,100 shares of common stock (par
$2), was made on June 23 by Kidder, Peabody & Co. at

to 4 cents' a pound for 125 denier
for 150 denier and coarser.
These increases apply to all lusters and packages and to Enka's Jetepun solution-dyecl yarns; they do not affect its "Skyloft" lofted vis¬
yarns.—V. 189, p.

120,000

also continues to expand, he stated. The first
automatic, bowling equipment in Europe started two
where the City of Stockholm opened a new community recreation center using AMP1 Automatic Pinspotters. Two more
Pinspotter contracts have been obtained in Sweden. Others are being
negotiated there and in other European countries. This is in addition
to a growing number of AMF installations at overseas military bases.
—V. 189, pp. 2777 and 2562.

textile filament yarns*amounting
and finer and to 3 cents, a pound

cose

machines

continues

weeks

—

June 26 announced price increases on its

on

after

otn

,

,

Increases Rayon Prices

—

pointed

Pinspotter",

commercial

support equipment for the B-58 -Hustler" jet bomber program. Phillip
W
Zonne, President, announced on June 30.
Mr.
Zonne said
that long range planning on
the B-58 program
indicates a potential of substantial follow-on contracts.
The order was placed by Convalr Division, General Dynamics Corp.,
Fort Wort hi Texas
,/
Mr.
Zonne said
the contract brings American
Electronics
backlog
of unfilled orders to in excess of $16,500,000.
A year ago, backlog
was approximately $11,000,000.
At the start of 1959, the backlog was
approximately $7,500,000.—'V. 188, p. 745.
,

doing

"

/ ipment.

tions."

corporation has been awarded an initial contract of approxi¬
$50ff.000 • for the design and manufacture of tactical ground

This

mately

the latest model machines installed

ave

opt/

original AM:

Patterson

Automatic

Electronics, Inc.—Backlog

lea:-

the

had

his

-uat the;new lease brings to 20.000 the
number that have been obtained in a year's time. "It was only a year
ago in June 1958 that ,we announced the leasing of our 40,000tli AMF

>

American

.

his

renew

he

bowled

provide
a
will supplement the
existing melamine mar.ufactuiing unit at Willow Island, W. Va.
*
-*
The new facility is expected to be in operation
early in I960.—V.
189, p. 2452.

to

which

*

is the first in a planned expansion
substantially increased supply of melamine, and

The new unit

Financial Chronicle

earnings in .the second
per,share,

nounced
.•

Total

double

June, 29.'*•
consolidated net
on

fiscal

those

of

quarter of -1959 were equal to 28
the first quarter, the company an¬

1.
profit

for

the

:*'■

second

•

"

-

"

quarter

was

$2,352,000

v

lor

and

.

.

The Commercial and Financial Chronicle

.

six" months'-ended May 31,

the

all

after

Number 5861

ISO

Volume

and Canadian

S.

U,

1959 amounted to $4,202,GOO
Earnings for the six months were

taxes.

equal after ,preferred dividends to 41. cents per common share,
on
10,217,231 shares outstanding at the end of the period.
Pre-tax

;
Bostic Concrete Co., Inc., Lafayette, La.
Securities and Exchange Commission—

based

The

earnings for the first six months this year were $7,852,000
with $7,410,000 for the same period of 1958.
rose to $148,420,000
in the first half of fiscal 1959 com¬

compared

SEC

Financial

Services,

Airborne Carriers,

./

■'

..

New

RR.

below.—V.

Insurance

Tucker

\

.

W.

187,

As

i:

-

previously noted in

tration

statement

shares

of

:

the Bankers

$2.00

In

&

on

efforts

best

a

account

oiv

of

The

is

company

National

of

that

at

price

a

to

the

of

expansion

supermarkets.
N.

Y.,

In

has

acquiring
other

York.

not

establishment
be

to

under

such

land

negotiations
are
locations in Kings

under

now

in

New
A

subject

his

purchase

in

working

capital

of

the

Nassau

Birdsboro Steel Foundry

for

Machine

&

Co.

on

This company on June 26

than

more

The

by

is

order

described

the

as

first

engineered

1959

Financial

DJta:

Current

of March

as

liabilities

Net

asisets

current

Current

20,349,342

.

ratio

to

6.2

-

1

4.0

to

Cordes

Snyder,

Chairmen

Jr.,

6,446,272
31.16

orders

two

It

years.

appears

and

In

Inquiries

that

orders

for

this

normal

volume

short

of

higher

income

net

The

in

lead

levels

second

the

showing
quarter

"Considering

the

products.
first

Both

quarter

a 34%
gain
should show

of

sales

1959,

and

with

the comparable 1958
further modest gain.

over
a

had

the record

net

income

in

1958

of

$6,932,000,

earnings of $7,007,000 in 1957."—V.

189,

only
p.

Blue
A.

President,

first

six

were

$30,295,000.00.

months

of

announced

Net

pared
$0.95.

Last

THE

ties

29

that

sales

for "the"

profits

to

agreed

to

1

$648,928.00

and

Jackson
V.

&

FINANCIAL

Gas

CHRONICLE

(Reg.

U.

S.

for

Ave.,

Boston,

Mass.,

the

the

and

in

short-term bank

at

1961.—V.

28,

incurred for

construction

in

1959,

for

1959-1961

$1,400,000

608.

p.

the

construction

involving

programs,

Expenditures

$1,4.00,000

132,

loans

in

ex¬
pro¬

1960,

and

(

1959,

among

offering

circular

cancelled the hearing, scheduled
Regional Office, on the question
make permanent a prior order of the Commission

or

has

its New York

189,

p.

by

other

profits
the

Queens,

were

Commission

things
false

order

of

May

22,

1959,

which

that
the company's notification
and
and misleading in respect
of material

for

Gamble,

Patent

Perth

of

for

in

income.

It

base

period

determining the
(1942 to 1946),

in

excess

years

income

the

In

jcweled-levcr watches

ended

year

the

on

in

March

1.949,286

fiscal

which

later

years.

and

radios

in

1958.

31

shares

amounted

to

$2,527,168,
$2,232,738,

with

compared

The

the

$58,446,574

sales

including

informed.

were

reduced

and

working

capital

increased

to

$33,166,953

from

the year before.

"Although research investment in the company's future, and ex¬
tensive
tooling, will continue, for the present, to impose a burden
on
profits, we anticipate improvement in net earnings in the fiscal

ending March 31,

year

the

1960,"

report said.—V.

189,

p.

2779.

Butler Brothers

Shoe

company,

Hie

completion

Co.'s

Air

a

id

Eric

M.

Co.,

Step and Naturalizer women's brands

organization

will

continue

William

and

to

its policies
manufacture

Dana

investment

will
the

remain
Air

—

placement of the note with The Prudential Insurance
Co. of America

A.

O.

Steffey,

bo

was

arranged by Harriman Ripley & Co.,
The loan matures in 15 years.

Sabison,
June 25

Step

in

company

unchanged.
The
and Naturalizer

that a portion of the loan proceeds
the callable notes due 1960-1962 issued
acquisition of the TG&Y Division, of
commented that the balance would be used

to

prepay
the 1957

with

Oklahoma City.
He also
for general corporate purposes,
the

of

divisions

variety

of

specifically including further expansion
company.—V. 189, p. 2671.

the

California-Pacific Utilities Co.—Earnings Increased—
This company derived a net income of $972,253
from operations
during the 12 months ended May 31, 1959, This result compares with
$909,862 earned in the corresponding period ended in 1958.
Current earnings are equal to $2.43 a share on the average of 334,599
shares

of common

dends.

Year-ago

of

324,531

stock outstanding, after $160,470 for preferred divi¬
earnings amounted to $2.28 a share on the average

shares

of

stock,

common

after

preferred

dividends

On

account

of

the fluctuations in




the

rate

of

B.

of

$171,059.
from

all

totaled

sources

$10,760,436

for

the

12

months

ended
with
May of. 1959, against $10,381,392 in the corresponding
period ended in .1958. The 1959 total consisted of $9,669,586 in utility
revenues and
$1,096,850. from sales of tank gas and appliances and
other non-utility sources.
The 1958 total was cornposed of $9,347,761
in utility .revenues and $1,033,631 from non-utility sources.
For
arc

_

of

comparison, figures for Southern Utah Power Co.
entire period of 12 months ended with May of
company became a division of California-Pacific
during June, 1958.—V. 189, p. 2671.^

purposes

included

1958

and

for

the

This

1959.

Carpenter Steel Co.—Changes in Personnel—
John

Moxon

has

been

elected

Executive

Vice-President^ he

Executive

President

Officer.

Mr.

in Canada

the

President, stated

employed

connection

has

substantial

—

consummation

of

a

Private Placement
This Chicagomerchandising firm, on June 29 announced
of a $9,000,000 term loan.
The private

based variety

a

Moxon

been

veteran

death
Both

of

J.

men

42

Frank

Cha'irman
years

Heber

will

of

with

Parker

assumed

their

R.

of

Palmer.

the

Board

Carpenter,
in

this

fills

Formerly

company.

responsibilities as Chief

assume
7

succeeds

elected
of

now

/

President
of
a

December

July

1948,

Mr.

who

Palmer,

created by the

1956.

posts

since

Directors.
vacancy

new

on

1.—V.

189, p.

479.

•

Publishers, 25 Park Place, New York 7, N. Y-.^REctbi^-DDjO.^Geoil?~J_ Ittorrissey,- Editor;
William Dana Seibert, President.
Published twice a week
[every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other offices: 135 S. La Salle Street, Chicago 3, Illlnoia
(Telephone STate 2-0613); Copyright 1959 by William B. Dana Company. Reentered as second class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879. SUDScriptloni
in United States, U. S.
Possessions, Territories, and Members of Pan-American Union, $65.00 per year; in Dominion of Canada, $68.00 per year. Other Countries, $72.00 per year.
NOTE:

the

earnings figure includes non¬
of $1,008,475 from sale of
real estate and refund
compared with $555,700 of
non-recurving items in

$63,806,094

not

Utilities Co.
this

Ltd. of Perth, Canada,
on
negotiations which give Brown Shoe Co.
control of Perth Slide Co., Ltd—
~—'
—-——
Shoe Co., Ltd. has been the Canadian licensee
manufacturing

Office)

the

Acquires Canadian Firm —*•'

—

President of

past seven years.
Sahiston still retains

the

the

were

the

profits

Revenues

the

company

tax

taxable

increase

an

profits

errors

Despite reduced earnings of the past two year$ the company Is in
stronger
financial
position
than
before
the, business
recession.
The
ratio of current assets to current liabilities at the
year's end
was"5.7 to 1, compared to 4.1 to 1 a year ago and 2.» to l two years
ago,
the report disclosed, and noted that total liabilities have been

2779.

Brown Shoe Co,

and

1940)

to
in

in

a

would

secondary offering of 2,500 shares of common stock
was made on June 22 by Blyth & Co., Inc. at
perlshare, with a dealer's concession of $1 per
share.
This offering has been completed.—V. 188, p. 46.

Mr.

31,

right
excess

\

added

was

1958.

stockholders

$38.50

worsir.g

per

income/ taxes

in

Commission

In

suspended

asserted

R.

correct

1946.

about'$40,000

Is

of

covering

31,

this

To

dispute

to

refund

Incorporated, New York.

by /Brookridge
Development
Corporation,
Ridgesvood,
York.
The suspension thus becomes permanent.

facts.—V.

$520,000.

In

Commissioner

March

fiscal

than

share
share

per

further

by SEC—

temporarily

still

the

claim-for

a

through

corporation's
decrease In

a

excess

demand
the

of

income

$31,697,373

June

on

as

net sales for fiscal 1959 wero $5,3G0,000
of the previous year, the company's net
special
non-recurring
profits,
amounted
to
$1,518,693, or only $158,345 less than the $1,677,038 comparable net
income in the previous fiscal year.
The company followed its usual
policy of charging against profits
from operations the "heavy costs" incurred in the
development and
pre-production
tooling for several new nroducts during the year,

1,425,000

Atlantic

1945

interest,

decreased

in

half

Although

pur¬

Co.—Registers With SEC—

178

base

excess

be

estimated

Brown Shoe

last year. Earnings per share for the period were
189, p. 478.

in

credit

also

upturn

income

2887.

p.

14-year

Watch

below

500,000°

Curtis

189,

located at

Exchange

July

Perth

com¬

credit

company

fiscal

1,425,000

—<

refund

tax

a

unprecedented

an

stockholders.

of

—$1,650,009

.„

per

New Products Boost Sales
Outlook—Earnings Higher—
An

bonds sot

new

cents

GO

Company, Inc., which has executive offl'ces in Jackson
Heights, Long Island, was represented throughout the
years by Gclfand
Radler, tax specialists, add by Bernard
Weiss, attorney, of 136
E. 57th Street, New York
City.

281,632 shs.

severally

of

at May 31, 1958,

26%

the

the

Juno^ 14,

established

profits

corrections

-40,000 shfc,

In a notification filed Dec. 19; 1958, Brookridge proposed the public
offering of $200,000 of debentures pursuant to the conditional exemp¬
from registration provided by Regulation A.
The exemption was

for
was

$1.07.—'V.

AND

Corp

company's 1956-1958
of about $2,808,000.

are

President
June

involved

War II

right of the taxpayer
(March 31/ 1937 to March

Bulova

in the Inden¬

tion

slightly

company's fiscal year which ended May 31st
Sales last year for the corresponding period were

COMMERCIAL

have

:

1923.

.

year

to

announced
on

*
income after taxes for the first six months

to $745,503.00

40.000 shs.

climaxing

the

recurring

(par $1)

the

$26,591.0(10.00.

years

'

Brown-Forman Distillers Corp.—Secondary Offering—•

Bell, Inc.—Earnings—
Morris,

decision

excess

upheld

30,000 Shs.

f,

distribution

a

started./originally-against

on

$391,000
additional interest.

3,000,000

registration statement with the SEC covering 37,268 shares
stock, to be offered for subscription by common stock¬
record July 29,
1959, on the basis of one new share for

the

Clark

E.

$911,366

World

of

sum

$1.15

5,000.000

new

a

year
helped to produce "better results for
foreseeable a year ago," Omar N. Bradley,
Chairman, and John H. Ballard, President, stated in the annual
report

A

already recorded and the generally
economic picture now prevailing,
results for 1959, barring a
prolonged, strike in the metals industry, should show another advance.
"Blaw-Knox

a

of

$1,700,000

stock

better

below

the

or

respective amounts of the

Securities

see

company,

penditures

New

quarter.

of

litigation

the

Revenue

6,000,000

281,632 shs.

underwriters

Inc.

Webber,

details,

grams

.

improvement

at

action-was

6,000,000

30.000 shs.

for

five-year period u£~March 31, 1942
The Judgment hafided down was for

temporarily) suspending a Regulation A exemption from registration
tinder the
/Securities Act of 1933 with respect to a public offering of

earnings moved to
volume up 19%' and

adjusted

the

$1.30

issued subject to limitations

_

Burr,

whether to vacate

sales of $167,709,000 in 1958 were only 8%
sales, last year's total was without benefit of
consumable equipment and in several other lines

time

in

The

Internal

Not

3,000,000

reached

right of a taxpayer to adjust
period years and then obtain
profits credit. It was the first
time this issue had been before the U. S.
Court of Claims, the five
Justices of which decided unanimously in favor of the plaintiff.

Outstanding

5,000,000

Gain in Assets—
assets

net

total

$52,555,069, Hugh Bullock, President, stated in
to shareholders.
This figure, he said, reflects

shares,

amount

issue

or

——

company the

of $1,950,000 of

under

new

type busi-

Fund

increase in

$3,880,000

1989—.——

Peck

&

are

ment

for

company
1957

The

an

this

The subscription price and underwriting
supplied by amendment.
The First Boston Corpora¬
tion is- listed as the principal underwriter.
Net proceeds of the stock sale will be applied towards the repay¬

,

consideration.
record-

1985—

that

retroactively its net income In

second

eight shares then held.

terms

said

and

assets were

the

in

$4,000,000

c—

$6.40

legal battle.

PRESENT FINANCING

TO

$5.70

Bulova Watch Co., Inc.—Receives Tax Refund Check*—

Financing

Following withdrawal of the company's request therefor, the Securi¬
15,

June

on

may reach a record level in the current quarter.
"'Equally significant is the inquiry situation. Both in quantity and
character, recent inquiries signify a healthy change in the in¬
dustrial climate. Delivery dates again becoming an important factor

"Although

the

ing Made

in

below

EFFECT

12-31 58

share

The company has received from the U. S. Government

di¬

30.62

ness

of

and

net

Bullock

check

Brookridge Development Corp.—Suspension of Offer¬

President,

increase

an

now

president

Carduner,

outstanding

$

34,707,000 187,849,000
940,000
13.803,000
164,843
2,139,644

share from capital gains in November
1958, was
Mr. Bullock added.—V. 189, p. 1019.

& collateral trust bonds—-

Webster

V

common

each

may be regarded as a .signal
that the long projected
capital goods buying is under way.
bookings of short lead time business are at the highest rate

almost

of

'

scmi-annuql report
gain of $10,693,128; or 46.5% over total net assets at May 31, 1958.
the 12 months ended May 31, 1959 the gain In net asset value

of

below:

filed

29

in

"Our

used

none

'

For

of

—

holders

which

upturn
in

experiencing

is

14,000

GIVING

series due

of

6,590,704

—

,

company

and

receive

37,500. shares-by the selling stock¬

Leonard

due '1987—

This

14,717,312

part:
"This

capital

will

'

1924.

the
a

Additional details follow:

scries

Coffin

Blaw-Knox Co.—New Orders Increasing—W.

working

Brunswick

'

corporation reported
high at May 31, 1959.

Total

its

due

Stone

1

15,158,704

-

Net prcperities after depreciation
Book value per common share
——w
♦Loss.—V. 189, p. 2887.

in

Details—

2887.

series

Adams &

5,675,196
17,159,756

3,928,185

—_

Inventories
-

to

company

Co.—Additional

UNDERWRITERS—The

1958

1959

-

the

of

p.

series due 1973

forth

$24,277,527 $22,834,952
—-

'

Bullock Fund, Ltd.—Reports 46.5%

ture.

♦$0.23

31

v

Registration

an office build¬

.

Corp.—•

&

chase from

♦60,690

$0.33

/_

—

assets

Current

The

are

♦Additional bonds may be

♦188,428

-

share

common

per

189, p.

record

preferred stock ($100 par)
5.60% preferred stock IS50 par.
Common stock ($25 par)_...
*

2,247,590

431,067

-

profit after income taxes.
profit

per

189,

Edison

Brockton Taunton

226,374

taxes—-

Net

Copper

■

5%%

$8,124,620
2,142,220

2,329,651

general and administrative expense--—
income

Kennocctt

shares

—V.

sale

added

6.40%

p.

2.850,832

before

be

sell

to

4%%

1958

$10,273,201

—

profit

Net

and

owns

S.

:

Earnings

Earnings Show Gain—

Three Months End. March 31—

profit

sale

the

3%%

exclu¬
189,

A.

of

-I.

Common

& Co., has

& Webster Securities Corp., and
including
Burr. Inc.; Paine, Webber, Jackson & Curtis,
yield to maturity on the bonds
approximately 5.15%. Offering oversubscribed and

3%

It has been

engineers.—V.

will

purposes.

proposes

♦First mtge.

*

one

Mo., where it

——

earnings
30, 1958,

Income

selling

offered for

stockholders

shares.—V.

For

Net

three

stock

from

who

Paine,

Selling,

York

as

Baer,

v

914.

Gross

New

common

£

-

Authorized

Com¬

Equipment to

ingots into finished bars.

Black, Sivalls & Bryson, Inc.

of

be

to

the books closed.

(and aluminum) curtain walls, windows and screens; metal lathing
products, prefabricated steel buildings and miscellaneous steel products
for the construction
industry and for farms.
on

utility.

Stone

is

added

-

by Birdsboro in cooperation with Ceco

director of >V. R. Grace

a

Brazilian

Brunswick

of

Aloe

and Adams. & Peck. The

machinery already delivered is being installed In a new merchant
now-undur-construction at Lemont, 111.
The mill will be the
steel-producing facility owned and operated by Ceco, one of the
country's leading fabricators of reinforcing steel, steel joists, steel

mill

•

corporate

selling

Coffin

mill

The

shares

.

plant.

sales

The

announced that it will complete delivery in
of steel mill equipment for Ceco

sively to direct roil electric steel

9%

company arc in St. Louis,
and

Net

Graqo

Details—
Mention was made in our June 29 issue of the offering
on
June 23 of $5,000,000 first mortgage and collateral
trust bonds, 5*4%, series due 1989, at a price of 101.50%
plus accrued interest, by an underwriting group headed

expansion.

To

—»

receive

the Aloe company had 601 stockholders and 1,120
Its stock has been traded over-the-counter. Headquarters of

*

Line Inc., the First National City
Ingersoll-Rrand Ltd., Stone & Webster Inc.,

Co.

by

are

Brockton

first

designed

sale

proceeds

52,507

The

bar

'

Grace

—

.

Park,

be

will

Aloe Company during the fiscal year
ended Nov.
compared with those of The Brunswick-BalkeCollender Co. for the year ended Dec. 31, 1958, as follows:
^

the 32,474 shares now owned
by him; William Carduner, vice-president and director, who proposes
to sell 5,500 of the 14,989 shares owned by him;, and
Simon Shclb,
treasurer and director, who proposes to sell 18,000 of his holdings of

$2,000,000 worth

Steel Products Corp,

•'

'

1958,

31,

a

Sales

This

additional

of

rector,

landlord

will

further

$2,000,000 Contract for
New Illinois Steel Mill —
July of

York,

CAPITALIZATION

plete Delivery

the Aloe

ing and

company,

The

wi^i respect
Counties, New

offering

and

company

for

normal

2887.

p.

tlic

of

holders.

approximately $500,000 will be spent lor
improvements,—and
merchandise
for
additional
super¬
the

"/'!

"•'<

Dec.

Net

director of

a

Insurance

the

location

the

contract.

progress

and

of

is

New

lor

food

Hyde

second

to

stockholders

25

the boards

for every 10 shares of Aloe held.
The company will operate
major division of Brunswick under the direction of Howard F.

189, p. 2837.

sale

31,

that

The balance of the proceeds

189,

located

leased/

■'

'

••

June

on

■

employees.

v-

.

originally organized in New York in 1945, is engaged
importation and manufacture of a diversified line of products,
principally in the electronics and high fidelity industry. It now has
outstanding 306,160 common shares.
Net proceeds of the company's

expenses .are

Jan.

additional

of

construction.

been

that
new

estimated

equipment,
to* the

has

..

private placement

the

which

Voted—

stockholders of this

Aloe

in the

commissions of 24c per share.
to pay to the underwriter an

the

states
is

markets.
—V.

to

is

and

York,

possible

It

supermarket,

leased

New

title

prospectus
to

Ono

been

Hewlett,

the

for

of

The

public

Mr. Zuckerman will own 55%
of
the
then outstanding stock.
Simmons & Co. owns'48,125^ shares of the common stock of
Big Apple
Supermarkets, Inc., Jerome Kass, a director of Big Apple, is syndi¬
cate manager
of Simmons & Co.
Proceeds from the stock offering will be used principally to finance
program

July 2

on

past

stock

working

stockholders; and the remaining
by the issuing company. The
offering is to be underwritten' by a group headed by Emanuel, Dect
Jen <te Co.
The public offering price and underwriting
terms are
to be supplied by amendment.

sold,

a

for

—

director

a

Grace

offered

board of directors, owns 684,373' shares "of"€he
company's
stock, being 91%% of the shares now outstanding. Assuming
the 425,000 shares covered by the registration statement
a,re,

all

and

the

3

2779.

company and tlic A. S. Aloe Co.
the merger of the two companies as proposed by
directors in mid-April, effective June 30.

of

Co,,

As previously noted -in our June 22 issue,
this company filed a
registration statement with the SEC on June 24, 1959, covering 75,shares
of
common
stock, 50c par value.
Of the shares being
registered, 37,500 shares, representing outstanding stock, arc to be

the

common

&

5%

British Industries Corp.—Add'l

1955,
It operates, through wholly-owned
subsidiaries, three supermarkets in
Brooklyn and one in Bayside, New York, and presently plans to open
two additional supermarkets.
Ardie Zutjjcerm^n, president^and chair¬
man

obligations

Traction, Light & Power Co., Ltd.

37.500 shares

or

Sylc

produced, in
189, p.

approved

Life

share for each share actually sold.'

per

by

has

it

women.—V.

Brunswick-Balke-Collender Co.—Merger
The

in

stock,

000

New York corporation organized on

a

announced

carrier's

Grace/President and

elected

Northern
V.

.

basis,

Whether

expenses,

actually incurred^ of 11.29 cents

Peter

Bank

on

par

the

of

•

Mr.

issue, this company filed a regis¬
Jurfe24, 1959, covering 425,000
value, to be offered for public sale

SEC

10c

share, with underwriting
the company has agreed

per

addition,

allowance

the

stock,

Co.,

?■"

•

and

offered

common

a

•

been

our June 29

with

common

by Simmons
of

•

1969

1,

be

the

.

Elected to Board

Big Apple Supermarkets, Inc.—Additional Registration
Details—

a

underwritten

pay

brands

•

2438. •

p.

>

used

other

as

'

First National Iron Bank of Morristown, The People's
Bank & Trust Co., Wilmington, Del., and a member of the Board ol"
Trustees of Drew University, Morristown Memorial Hospital, and the
Community Chest.—V.

to

be

to

' '

Pressprich & Co.

$3,000,000

Co.,

Morristown

be

to

are

'

.

Brazilian

189, p. 2779.

director of

a

will

of

with

guaranteed notes, due June 1, 1974.
These notes have been guaranteed
by the United States of America
under an agreement executed
by the Interstate Commerce Commission
pursuant to the Transportation Act of 1958.—V. 189, p. 2671.

Co.—Obituary—

was

offering

July

$1)
class

(par

shares

20

Boston & Maine RR.—Private Placement—
R.

Placement

Roy E. Tucker, President of Beneficial Management Corp., a sub¬
sidiary, and Vice Chairman of the Board of Directors of the Beneficial
Finance System, died on June 21 of a heart attack at his home in
Morrlstown; N. J. He would have been 63 on Aug. 14.
In addition Mr.

The

and

notification

debentures due

stock

commqp

of

On

J.

Beneficial Finance

a

debenture

letter

a

well

as

include Dr. Locke shoes for
:v

Y.

N.

proceeds

,

Maine Central

filed

19

brands

Files With

—

President of Aloe.

Bangor & Aroostook RR.—Plans to Stop All Passenger
Train Service —
•
••••
:
See

class

unit.

per

York.

The

of

$500

one

capital.

above.

Inc.

shares
of

$600

of

By Subsidiary—
See

Inc.—Private

at

June

011

covering $250,000 of convertible

units

pared with $140,219,000 in the same 1958 period.
In the
comparable six months of 1958, -when provision for U. S.
income taxes was required for only part of the period due to a loss
carry forward, net. earnings amounted to $6,210,000.
They were equal
after preferred
dividends to 67 cents per common share, based on
9,077,281 shares outstanding at the end of the period.—V. 189, p. 2563.

Aviation

corportaion

10,000

sales

Net

(47)

Company,

exchange, remittance for foreign subscriptions and advertisements must be made in New York funds.

4

(48)

The Commercial and

Catclli Food Products Ltd.-r-To Redeem
Its

1%

outstanding

dividends.

CI per share, plus accrued

Ckco

,

provided with additional
sought."—V. 189, p. 599.

it

of

Central

Mill-

Net

the

to

amount

Collins

'

31—:

'

1959

—V.

189,

ylL.

'

.

Under

'

i--

bases

'

'

'•

as

Century Chemical Corp.

—Mention

offering of 170,000 shares of
•

PROCEEDS—The

net

Will

proceeds

be

used

the

scribed. Additional details follow:

Chemicals, Inc., for the purchase of
<mcl
equipment to ipoderniz.c Wilson's manufacturing operations,
to
be used as a reserve for advances to Wilson! to meet,
as
required,
payments on current and overdue accounts owed by Wilson, the bal¬
ance
of
the
funds
will
be added
to
the, general
working capital
Wilson

of

of

the

Organic

State

Sept.

on

5,

maintains

It

its

executive

offices

New York, 17,

stock

common

templated

sale

be

by

issued

of

offered

convertible

subordinated

—V.

representation

no

be

can

made

for

in

use

the

drug,

south

tfche

than

adhesive,
metal

and

intermediates

and

sale

of

production of
materials as well
by others.

transaction.

standard

paving,

special

roofing,

the

as

and

tile,

distribution

asphalt

and
chemicals

One

of

these

units

be

for

the

Another

these

of

A

multiplication

GIVING

transmissions.

heaters,

wonder

new

virtually
block

67%

40%

with

with

2888.

p.

PRESENT

Class

A

common

stock

(no

Class

B

common

stock

is

It

few

a

in

hours

Chrysler
of

into

share

one

of

class

A

its

it

stock.—V.

tially,

steering,

power

sealer

broken

of

that

"The

New

modify

its

York

P.

minimum

S.

Commission

monthly

additional $300,000 of

♦an

a

will

lias

prescribed

changes with respect to

reductions attributable
*.he

in

effect

of

1959.

authorized

to

electric

revenue.

the

to

•

the

has

tract

.
'
*

retail

is

mixed

with
be

can

that

the

Jiling its higher rates last
Commission

would

will

under

be

can

used

to

the

same

would consider fthe

income

taxes

taxes

and

On

resulting

not

March

as

after

V7tlis change in policy

the -close

announced

income*,-vather

"

accel&atcd

tax

income.

30,

t}ie Commission

case,

from

a

Ltd.

will

Cycleweld

than

was

taxes

accounting

reported to stockholders

on

May

to
yield

and

anticipated
us

in

a

the

new

case

gave

full

"In

Ib3
{due

effect

for

March.

construction

commence

Ont.,

Canada,

Ron

company's case, it is estimated
Increased by $652,000 Us a result of

Beauharnois,

reduction

relating

to

of income is- equivalent

together

with

the

to

$300,000




accelerated

6%

a

rate

increase

increase

granted,

of

about

the

and

supplying

plant

trucks

Canadian

and

Mr.

areas

in oil
formally.!

now

which

for

is

has

been

188,

1611.

p.

Corp.

above.—V.

189,

Corp.—Debentures

1020.

p.

Offered—

interest.

be

The underwriter reported
approximately one-half sold.

was

proceeds
of

July

of

the

as

stock

added

The

sale

the

1959,

of

of

the

all

and

the

capital

working

the

debentures

presently
balance

of

the

its business.

of

course

from

1,

company

the

to

corporation

Indiana

its

out¬
the

of

company

:.<]

,

two

1923.

include

The

the

the

under

of

operations

laws

the

of

cor¬

following:

instalment

mortgages

of

incorporated

was

19.

June

on

subsidiary

or

are

in

salesmen

notes collateralized by conditional
automobiles and other chattels.
These,

on

types:

this

classification

under

issued

notes

are

discount

a

demonstrator

salesmen's

to

dealers

by

their

plans.

basis.

'

(2)

Wholesale—Advancing funds to dealers on their
interest-hearing notes collateralized by mortgages\ or

Alton

S.

the

Jones

Watson

in

elected

that

as

Jones

J.

Ad.

in

Loan Act;

and

in

the

States.—V.

value,

of

be

reduced-' to

the

The .public .offering price
2%

commission

Officers' and
Net

to

Del.,

on

to

the

is

capacities.

President,

will

serve

Other

ment

June

$600,000

29

of

ha?

secured

of

loans

to

made under

Act... Discount

loan

the

Indiana

operations

began

Industrial

in March,

notes—Making

The

radius

of

1923,

193t.

!

filed
series

been

not

will

be

completed.

the

collateral .level

meets

the

miles.

50

The

main

office

has

been

Consolidated

the

in

Indianapolis, Ind., since the founding of the corporation
on thp ground floor at 111 North Pennsylvania St.,
since

East

offices

maintained

are

Washington

credit

lines

St.,

in

totaling

1111

at

North

Meridian St.,

Indianapolis.
$6,000,000

-

,

and

.

maintained

through 35
or
more
lending banks located in" Indianapolis, Chicago, New York,
St. Lohis, Cincinnati, Detroit, all principal Indiana cities as well as
banks in Texas, Wisconsin and Iowa.
Continuous dividends have been
paid on the preferred stock of the corporation for the past 36 years

a

and

F

in

dividends

every

have

been

paid

since

year

1925

with the

CAPITALIZATION

y

•

.

GIVING

.

6 %

sinking

Common

(l%^on bonds issued in exchange).
underwriters.
- <

exception of

EFFECT

•^Senior

in

notes

FINANCING

Outstanding

y.

*

payable

$460,000

^$<399,000

1,500.000

'

800.000

($ 100

right

corporation

1933.

PRESENT

debentures

fund

stock

as

TO

Authorized

-Subordinated

offer¬

are

the common stock .of the

on

.

Long-term obligations:

re¬
'

this

When

and

Branch

2314

the

of

Building,
in

of

are

note

be

of

within

the

proceeds

debentures

may

not

also

be

used

exchanged.—V.

to

187,

retire
p.:

one

year.

outstanding subordi¬

2904.

part ;-.t_—"2

the

to

Consumers Power

debentures

■

~

offered'

2,000 shs; *

.

herebj-.—V.

"•'* 1,947 shs.

174,

Engineering

Co.,

Inc.

—

New

This

control

unit

1692.

p.

Inc.

patented

systems,

188,

p.

to

formed

engage

"Digitizer"
T.

2461.

C.

in

wholly

a

the

and

Coleman,

owned

^manufacture

related

subsidiary,
and

automatic

President,

sale

data

announced

of

Ccleman
the

on

for

June

and
25."

be

reactor

on

high

be

power

operation

plant,

a

direct

cycle,

forced

in

circulation,

boiling

water

density and

high

by

specific

power.

It

is scheduled

1962.

including the conventional

constructed

and

will

of producing 50,000 kilowatts of electricity and will have
primary objective the development of engineering and economic

The

com-:

handling

Reactor-

capable

its

as

data

has

company

Electronics,
pany's

Subsidiary

Co.—To Build

Tim
company
plans to, build
an
atomic
electric
plant on Lake
Michigan at Big Rock Point, midway between Charlevoix and Petoskey,
M'ich., Dan E. Karn, President, announced on June 20.
The

Coleman
Formed—

—V.

as

consist

other

cash

nated

-

and
These

,

the company, the contract is then purchased, and the
collected, from the, dealer.
corporation, operates- principally in Indiana^lis and within a

original

Bank

proceed? of the debenture sale will be used to increase
or maintain
the working capital of the
company but will be initially
applied to the reduction of short-term notes due
Part

recepits

direct
chattels

conducted by the subsidiary.

receivables

standards

.

'

*

extent that
such
exchanges are made.
to be TOO't1- of
principal amount,—with-a

underwriters

employees

trust

loans

loans io dealers on their shortcollateralized by receivables. The underly¬
following nature:
(a) Invoices on automobiles sold on a fleet-deal oasis,
(bf Automobile conditional sales contracts on which the down pay¬

ing

the' Board

as

remaining luisold in this offering.
No bonds
this exchange
offering.
The cash proceeds of

for

will

ing

debentures,

automobiles

individuals..

of

discountrhasis loan

and

and are

(41

189, !p. 2780.

cov.ering

subordinated

goods,

signatures

instalment

Iterm, discount-basis notes,
the

position.

United

household

on

Investment

and

1958,

-

those

Warren

and

leans—Making

interest-bearing loans made under the provisions of the Indiana Small
:Load

board .of
Chairman
of
the

Chairman

as

security,

demand-basis,
;

instalment

borrowers, with

and

■

Direct

(3)

—

management,

Watson

board

■

automobiles;

yon

offered to the presentthe
Company's subordinated debentures in
exchange, at
on the maturity dates of
those securities so lbng as there

of

served

accounting

Wili

Florida

Petroleum

the

the normal

and

Included

supply

Canada

'

■■

W.

Eurl

will

in

Changes in Personnel

—

elected

26

time

same

bonds

are

1, at which

$1 400 000

in

.

>•-

■

Executive, Officer succeeding Mr.

five-year

face

purposes.

company

company's charter

Acquired from dealers: Instalment-notes are Issued to dealers
purchasers and arc acquired from the dealers on a discount basis.

by

board's

holders

"deferred

hi 1959
will
accounting treatment of
tax
depreciation.
This

the

(a)

Quebec,

cars

corporation, located at. Georgetown,
registration statement with the SEC

TD59
com¬

that .income

this

tax

the

cf

retire

will

of

receivables

Citizens' Acceptance
Corp.—Registers Exchange Offer
Securities and Exchange Commission—

.

the

K.mount

to

purposes

Corp.—Changes Name

amend

to

Development Corp.!
has been engaged solely

Finance

W.

19.

Todgham said. "Iniemployment will be relatively
technical manufacturing field

This

company's

rate-making

to

used in

Slate

poration

•

With

Ihnp it] was stated that the company was unable to
say
what effect
new
policy would have on its pending electric
rate proceeding,
tt ftas jhow developed that the
Commission's decision in the
liollcy announced in

Cuban

preferred

BUSINESS-

on

Alcan's

Committee

the

foreign

Che

•?C.td

Multiplier,
to provide '..four quadrant
frequencies in., excess of
that

Development Corp.—New Name—

Retail—Acquiring

June

on

used

proceeds

to be

liquid hardener. After
shaped, filed or

action, Mr. Jc-nes said, is another step in
strengthening
parent Cities Service Company senior
management group which
carrying forward the most extensive
expansion and development
program in the company's history.
This program embraces substantial
additions to plant facilities i# the United
States and Canada,, and
acceleration of oil and natural
gas
exploration activities in various

reductions in Federal

for

be

net

is

hearings in the company's rale
policy of treating these tax reduc-

deferred

voted

Gables.—V.

Consolidated

standing

potential.

June

on

•

succeeding

189,

of

a

—

Electronic

Consolidated

development l'ield
negotiating for the

Coral

sales contracts

shortly

major realignment of headquarters

Chief

At

it .had been using
as

AM.'PM

designed
at

which Up

PROCEEDS—Part

sanded,

*

and

company anticipated
method
of
computing

^depreciation

23

July 2 that the issue

on

cracked

a

outlets- through¬

•

announced

establish

which

;

Executive

J the

December,

follow

federal income taxes for rate-making purposes that
for 15 years, and also that it

is

'

clear

a

ground,

ingots for building Chrysler
the United States.—V. • 189;
p. 2780.

In

will have

pany

new

a

Securities Corp., of Indianapolis, Ind., on July 1
publicly offered $800,000 of 6% sinking fund debentures,
1959 series, dated July 1,
1959, and mature July 1, 1974,

80%

is called Cycleweld Liquid Iron.
that sets up into a substantce like

represents
a
step
forward
in
from Canadian sources," Mr.

investment
it

growth

directors

providing the company with increased income of
$652,000

company had .requested an annuali increase
based on
amounting to $1,831,000 in electric revenues of
which the
would have realized $854,000 after taxes."

SEC

City

with

and

leg to
corporation's

the

by

that

available in

be

aluminum
,

"The

cales

New Product

—

Petroleum

to

name

Consolidated

ingots for the plant will be supplied by
Chryslum, Ltd.,
jointly owned company that is being formed by Chryler Corp.
Canada,
as
majority owner, and by Aluminum Co. of Canada

addition, the Commission
accounting for Federal Income
depreciation which

land

City of

See

In

to accelerated

the

past several months.
Moore, President, told tht stockhpldars that this action
will clear the way for the closing ct
negotiations on several properties
on
both coasts
of
southern Florida,. including
developments within

new

of

company

customers

the

exploring and

-

(Alcan)," Mr. Todgham .said. "The new company will furnish a
major
•portion of aluminum. ingots needed by Chrysler of Canada
and
a
portion of ingots required by Chrysler Corp."
Chryslum and the Aluminum Co. of Canada will enter into a con¬

June 19, said:

has

charges

annual

notification with

of

Corp.—Partial Redemption—

variables

June

on

its

company

enter

the

on

Minne-

"Aluminum
'

Central Hudson Gas & Electric Corp.—Rates
Modified

Acker, President,

letter

a

until now
production and exploration in Cuba and the Bahamas will

,

53%'

washers

chair

die-casting plant at "Windsor,

needs

the
but

The

♦—Ernest R.

change

The

stumper

Canada,

President,

decision

automotive

Outstanding
*396,600 shs.

common

by

2799.

Cuban

stockholders

to

wilt

late

tlic

of

aluminum

an

"The

-small,

par)
940,000 shs.
*940,000 shs.
♦Commencing Jan. 1, 1964 each outstanding share of class B
common
convertible

founder

was

.

outstanding

input

Consolidated

windshield

and

a

today

which will

after

Corp.

Todgham,

products

2779.

of

Consolidated
The
end.

Canadian Unit to Build Plant—

FINANCING

2,000,000 shs.

.

He

acquired

:

2455.

p.

Division.

product,

country

from

putty-like synthetic plastic

a

iron

(no

par)

filed

p.

atil00% and accrued

adhesive

announced

Products

new

the

iron-like

everything

was

Cities Service Co.

TO

Boston.

later
-

methods; High frequency accuracy permits its use its
functions, of t(vo variables and in high speed repetitive
Phase shift is Jess than one degree at 500 cps.—V. 189,

generating
operation.

.

.

EFFECT

do.,
was

feasible, by other

for warm
weather accessories on
reported by M. C. Patterson, Dodge General
a continued high demand
for other major

^

Authorized

B'.

189,

June 22

on

Computer Systems, Inc.

demand

was

Liquid Iron has hardened it
with back-up lights.-

and

.

Trust

Corp. which
189," p, 2564.

The company has announced
'designated model MC-701, which

for

with

engine

out

of

CAPITALIZATION

Is

98%

Chemical

other

units

organic .chemicals

a

Bank-State Street

air

orders

repair
•

manu¬

manufacture

Boston

corporation has recently called for redemption on June 30, last,
shares
of
its 5%
cumulative convertible preferred stock at
per share, plus accrued
dividends.
Payment wil) b made at
The Chase Manhattan Bank, 18 Pine
St., New York 15, N. Y.
The preferred stock may be converted into common stock to
June
25, 1959, inclusive.—V. 189, p. 2672.

ii\ the same manner as iron.-1
Announces New Product—

.

will

is

Fund, "5s

Compo Shoe Machinery

drilled

used

other products.
The third unit will be for the
organic polybasic acids used in the manufacture of,
«mong other things, resins used in certain types of
plastics, paints,
♦enamels and lacquers.
To the extent that products manufactured
by
the. latter two production units are hot
utilized'as intermediates in the
company's own operations, they will also be sold to other cliemical

«tock

Co.—V.

•

automatic

radios,

dyestuffs, fungicides, synthetic

manufacturers.

in

also reported

for

and

with

products

coating
of

Wilson

the Second

;

Boston law firm of Choate, Hall &
also a director of American
Edison Co. ;ind United Fruit Co.
■
'
director of Minneapolis-Honeywell Regulator Co.

Co;,

the

The

the Edjele Field, in Algeria and
discoveries of Gulf Oil Corp., Stand¬
Oil

\

10,900
$25.75

of

Oasis

Power

for

preferred stock.—V. 181,

conditioning units on 1959 Dodges have increased
tinted glass which shields, out'
bright sunlight
have soared 159% over 1958 model
installations, Mr. Patterson said.
Dui'ing the 1959 model year, 94% of all Dodges have been ordered

;

«old to chemical manufacturers generally.
for
the manufacture
of chlorinated
■\7hich are used in the manufacture of

plastics

increase

He

Orders

50%

,

♦organic-nitvo compounds, a portion of whicly output will be used In the
♦company's .manufacturing operations and the balance of which will be

Manufacture

and

accessories.

In addition, the company proposes,
upon acquisition . of the Adler
Popper Properties, to proceed with the construction of three new
l>r.oduction units upon the land which it will acquire as a result of

wesins,

marked

1959 model automobiles

Manager.

«,nd.

«uch

Jersey)

'!

stock

common

Chrysler Corp.—Demand Up for Dodge Accessories—
A

produelt* cosmetic, drug, dyestuff, food,
paint, rubber, textile and other industries,

the

in

•isplialtic
factured

chemicals

20,000

.

important new oil
(New

force

12.000 shares of 6.12%
senior cumulative sinking fund pre¬
stock,
series
A to
offered
at par
($25 per share), through
Wachob-Bender Corp., Omaha, Nebraska."
The
proceeds are to be used to retire the presently

agricultural

finishing,

manufacture

*lsed

hundred

one

the
Co.

$5,-

air

at

Clarence "AY.

acquisition of the Adler and Popper Properties, the company
by utilization of the facilities so acquired, to continue the
manufacturing ahd sales program
being conducted by the
owners of such facilities.
Such program includes the manu¬

the

of

Oil

ard

approximately

stations

ferred

Inc.—Secondary Offering—

Concessions 74, 75 and 76 lie oast

proposes,

in

.

totals

A

covering

25,000

&

of

which

communications

2780.

p.

counsel

The company

^

2

...

American Libya Oil Co. has conducted extensive
geological and
geophysical studies on those licensed areas and anticipates drilling an
exploratory well on the conbessiop in the late Summer or early Fall
of this year, the announcement stated.

The

of

Co.,

2-_.

___

Courts

the

Community Credit Co., Omaha, Nebr.—Files With SEC

25,000
&

Pan

phar¬

present

Lane,

This corporation has purchased a
2.125(7' overriding royalty in oil
exploration concessions! numbered 74, 75 and 76 located in the United
Kingdom of Libya.
These concessions v,ere granted to Pan American
Libya Oil Co., a wholly owned subsidiary of Standard Oil Co. of In¬
diana, in March of 195a and total 22 million acres.
•

facturing operations.

leather,

189, p. 2564.

Uy
■'

Shares

•

Space Corp.
Clement A, Evans

secondary offering of 2,000 shares

or

facture

Johnson,

189,

aiuhs-IIoneywe'l.—V

Christiana Oil Corp.—Acquires Concessions in
Libya—

dyestuff,
rubber
fungicide
and
other
industries.
The
company further proposes, by causing Wilson to acquire new machinery
,«.nd equipment, to effect a complete modernization of Wilson's manu¬

more

The

.

100,000

-

.

maceutical,

present

names:

has caljed for redemption on Aug. 1, next, $320,000
its 37h %
bonds due Aug. I, 1969 at 100'J
plus accrued interest.
Payment will be made at The First National Bank of
Chicago, Chicago,
111., or at the New York Trust Co., 100
Broadway, New York, N. Y.
—V. 1C9, p. 2780.

phlhaloryanlne, azo and other organic, dyIs end pigments which are
as coloring and filling
Materials in the manufacture of numerous
products, including lacquers and enamels
used
in
the
automotive
industry, interior and exterior paints, vinyl and linoleum floor coverings
end rubber plastic products, as .well as the manufacture and sale
of

Upon

Wulbern,

contract,

Masachusetts.

ahd. President. of Doelcam

Chicago Great Western Ry.—Partial Redemption—

Used

intermediates

and

the

The,company

-

and

sev¬

of

of

given of the ability of the company being able to commence,
contemplated offering of debentures, of the ultimate success of
the offering hereby made or the
contemplated offering of the deben¬
tures or of the ability of the company generally to raise such addi¬
tional capital.
The company, ..after the acquisition of control of Wilson proposes,
fjy utilization of. the facilities so acquired? to continue and, if possible,
to
expand Wilson's present business of manufacturing
and selling

chemicals

respective

have

stock

Command's

company

Energy Shares, Inc.—New Appointments—

legal

Electxic

(par $2) was made on June 24 by Blyth & Co.,; Inc. at
$22 per share, with a dealer's concession of $1.10 per
share. This offering has been completed.—V.
189, p. 2671.

-

„

the

fine

Carrison,

Chicago Aerial Industries
A

assurance

iiromatic

below

cohunon

~

.

as

debentures,

their

Inc.

New

described below.
In view of the de¬
pendency upon market conditions and other relevant factors of the of¬
fering made hereby and the contemplated offering of the 20-year 6%
company

opposite

named

of

v.,Shares

'

Pierce,
Inc.

hereby and the balance from the con¬
subordinated convertible debentures to

6%

20-year

the

shares

new

construct
and

of advisory board.
Stockton, a. partner of the

Mr.

:

underwriters

170,000

will

California

Stewart,
Ml*.

several

amounts-set

at

York. The company was formed
of manufacturing and selling chemical materials
and
products and
acquiring interests in corporations engaged
in
similar
activities.
As
of May 11,
1959. its cumulative deficit ..was
£15 098.58. The offering price of the company's shares was arbitrarily
determined and is predicated upon future possibility as to which no
representations are made. Tin.company has entered into an agreement
to acquire voting control of Wilson Organic Chemicals, Inc., a New
Jersey corporation
("Wilson") and entered into an agreement- to
acquire 10C%, of the outstanding capital stock of two corporations,
Cheino Puro Manufacturing Co. and, Oil & Chemical Terminals, Inc.,
as
well as certain facilities,
equipment and leasehold and contractrights owned by Chemical Products, Inc. (said stock and assets being
-collectively called the "Adler, and Popper
Properties").
Funds and
liquid assets pres'eufcly held by the company, together with funds a/ad
liquid assets "available to the company under existing commitments,
aggregating approximately .$525,000 (excluding funds to
be derived
from me' sale of the shares of class A common stock offered hereby),
will enable the company to acquire up to
10Oil voting control of
Wilson, to purchase approximately $80,000 worth of machinery and
equipment,
and
to
cover
its
anticipated,
initial
operating
losses.
However, in order to enable the company to acquire the Adler and
popper Properties, to consummate its proposed new construction and
moderhi/.atidh program described below, to meet and discharge antici¬
pated obligations and to establish and maintain adequate working
capital reserves, it will be necessary that the company acquire addi¬
tional capital of approximately $5,250,000.
The company proposes to
raise such additional capital in part from the sale of the shares of
A

-The

purchase

to

the

1958,

York.

New

East 42nd St.,
for
the
purpose

class

in

~

Contract—
Air

this

to

and production-of Rome Air Material Area;

member

a

;

,

incorporated under the laws of the
and is qualified to do business

was

company

of

€0

•

agreed

4

Delaware

of

the

In

UNDERWRITERS

erally,

company

Company.

BUSINESS—The

State

Pierce, Carrison, Wulbern,

&

stock
machinery '

purchase

to

Strategic

let

James H. Orr, President, on June. 24
announced the appointment of
Charles HI Stockton as a director of the Fund and John J. Wilson as

Inc., The Johnson Lane, Space Corp., Clement A. Evans
Co., Inc., and Courts & Co. This offering was oversub¬

completed, all" of the said shares having been sold.

the

of

Collins

in

Colonial

stock (par 25 cents)

common

at $3 per share oil" June 24 by

the

of

been

,

required,—V.

Chemex Industries, Inc.—Additional
Financing Details
was made in our June 29 issue of the
public

Common Stock Offered—

—

Singer, Bean & Mackie, Inc., of New York City, on June
25 publicly offered 100,000 shares of class A common
stock (no par) at S3 per. share. This offering has been

Communications

.

$2.56

■

600.

Monday, July 6, 1959

.

previous contract provided
for installation? in Nebraska and Louisiana.
Also under this contract,
Collins
is
furnishing and installing radio , and control equipment,
switching centeflw; consoles and antennas, installation of underground
coaxial transmission lines to antennas and
modification of buildings

3,463,600

$2.61

.

•

terms

000,000

8,874,741

period3,463,600
»

procurement

.

Rome, N. Y.

9,933,241

conijubn-....9,050,111

p.

Co.—Gets

calling for extension
communications network has

directorate of

1953

10,108,611

—

fox*

Radio

contract

global

$56.6;3,274 $53,553,840
131532,056
12,692,401

income

Common shares at end of
Earned per common share.

of Texas Pacific Coal & Oil Co., has
member of the board of directors.—AT. 186, p. 72G.

a

May

Gross income

189, p. 2239.

President

Adair,

Ended

Operating revenues

Elected to Board—

Central Airlines, Inc.—Adair

equivalent

Illinois Public Service Co.-—Earnings Up—

Months

Available

Eugene T.
jbeen named

almost

"

Twelve

Steel Foundry & Machine Co. above.—V.

income
.

A

at
1

Products Corp.—Building New

Steel

See Birdsbpro

be

Pl'd. Stock—

for redemption on July 1£„ 1959, all
non-cumulative preferred stock to be offered

lias called

The corporation

Financial Chronicle

Bechtel

Corp.

of San

power

generating portion,

Francisco

as

will

prime contractor

engineer-constructor, with General Electric supplying the nuclear
reactor, instrumentation, nuclear fuel. element fabrication and
power

Volume

190

Number 5861

The Commercial

and

Financial Chronicle

(49)
generating

Commonwealth

equipment.

Associates

Inc.

of

Jackson

will

ability,

The company filed a petition with the Michigan P. S. Commission
on
June
20 asking approval of its accounting
plan for the project.

Valley.

provide

engineering, services

in

connection

with

certain

facilities..

petition puts the cost of the proposed plant and related facilities
at 830,000,000, or $10,000,000 more than the cost of
building a con¬
ventional electric generating plant of similar
capacity.
The company
proposes
to charge off this extra cost as research and
development
expense over a period ending in 1973.
Kara

said

development
with

Consumers

program

General

will

undertake

reactor

on

extensive

an

and

core

fuel

design

research

in

its

Dana
Sales

is

Electric

this work.

of

1958

Consumers

project

at

Big

Point will

Rock

not

affect

the

Co.

other

"fast

a,

industrial

reactor,

-

Gross
Net

opera ting

-

plutoniirm

revenue_2 l

on

now

interest,

L-.—__.

taxes,

'

1958

•*.

40.9l3.766
1,430,2199

-$42,344;065

etc.—

33,678,477

—V.

18),

Del

SEC

A.

Denver

Oil

ties

Share.

tf.794;186

$3.38

books closed.

?PROCEEDS—The
funds
a

will-

of

See

proceeds
the.

went

estate

organized

.

;

.

.

.

•

>

<

four

.

the

....

..

at

under

is

95

Exchange

the. laws

St.,

purchasing., and

also

other

■

,

furnishes

services

V;,;

•

,

AS

OF

•

JUNE

Common

stock

189,

$1)_L____

(par

stock

23%%incrcuse

'

...

in

\

.

later

ac¬

1959

;

for

revenues

May,

163,845 slis.

A

a'10%

f*-. Gross

stock

dividend

in

revenues

May

,

—

i

than

more

20#'

.

.

.

$1;110;676,
The" gross
$6,529,259,which is $1,119,156 more than the 1958 figure of $5,410,103.
U{> Net income after taxes for the month was $53,775, amounting-to
than

Earnings

nine'. cents'a

for

the

share-on

live-months

the
577,400 shares
outstanding.
$245,563, equal to- 42 Vis cents 6a

were

„

i

khare,

Net*:incomc in May,- 1958 was $31,258, or six cents each on the
525,1100 ashares then -outstanding.
First five months, earnings in 1958
were $13B,882,
or 25 cents a share..
The-operating-ratio, for May was 91.36% .and- fcr the first five

months,

91.54,

" During May, he said, Cooper-Jarrett equipment

carried

34,550

tons

of revenue freight,
22%
more
than
in
the
same
month
last year.
-Tonnage for the five months pumped from 135,781 to 164.174.
Mr.
-Cooper said:

'""On the

;

'

"

: -

basis of

current

operations,

by the following: "
Cordillera Mining Company,

Y (ll
"notification, filed JUne. 8,
ing of 2,995,000 common

(2)

-,'J

>

Oreenlite

1955,

(3)

filed
of

Old
its

Faithful

has

exemptions

issued

from

■

Grand

at

10c

on

22,

at

Las

Vegas,

10c

In

ucts,

Nevada.
share

per

The

was

proposing the
%

United

under

the

Securities

exceeding

asserts
the

that

terms

The

Act

and

orders

with

$300,000

respect

in

Greenlite

to

amount.

and

Cordillera

conditions
further

of

Regulation

asserts

would

operate

Each

of

request,
or

A.

with

-•

the

various

the NYSE

U.

and

S.

complement
in

the

the

these

divisions.

Diamond

present

lines

Diamond

and

Diamond has 29
in

one

Coast

Canada.

and

in

It

also

New

and

sqles

,

offices

has

and

30,

June

23

%

•

.

Dr.

ities

Mark

will

E.

Putnam,
film

serve

ployment

Executive

Dow

in

customers

is'expected to be

about

Automotive

Vice-President,
Midwest

the

and

100.

fraud

a

or

be

said

East.

Railway

oper.

Railway

oper.

.,

basis.

the

;

Not

ry.

189,

$357,188

$3,£17,216

**$ 1,482,852

*1,G33,280

"$4,328,213
,;,4,99l,576

the

question

permanent.—V.

upon

an

whether

^

the

suspension

should

be

Period Ended Apr. 30—

vacated

Railway

2781.,

p.

oper.

expenses

478,790

-

Crow Construction Co—Awarded IBM
Contract—

The William L. Crow
Construction Co. of
the contract to build the

superstructure

center

hi

.William

Kitchawan, Yorktown,

L.

Crow,- President

of

N.

the

New York has been

of

Y.,

it

IBM's
was

Net

Net

awarded

June

27

119-year-old

1959—4 Mos.—1958

building firm.
The Crow
company is currently completing $1.5 million of
foundation
site work for the
building, which was awarded to it as a
separate
last year.
This is the fifth large IBM
project awarded the
Crow company in the last
three years.

-

1,878,727

The

corporation on
which will

June

Subsidiary
R. O.
the

Hunt

said

overseas

Corporation

that

25

G.

J.

Ticoulat

company, which
International.

plans to
international

the

has

would- be

;

Subsidiary—A

announced

in

operate

been

establish

field.

designated

known

as

a

new

President

President

Crown

of

Zellerbach

...

j

Crown

jpany
seas

Zellerbach, which

years,-

has- for

operations,

World.

Mr.

some

both

Hunt

in

has
time

the

explained

been

active

been

the export

interested

Western
that

in

in

Hemisphere

the

a

and

corporation's

market

for

variety of over¬
throughout the

new

international

Subsidiary would provide greater .scope for
activity abroad, as well'as
a means for
protecting and strengthening Crown Zellerbach's
existing
markets in foreign, countries.

v

Considers Newsprint Mill in Denver Area—
Cl'oxvn Zellerbach Corp. Is investigating the possibility

tablishing,

a

newsprint

newspaper customers
The company will
economic

factors

in

mill

the

shortly

involved

in

the

vicinity of

Mountain
undertake

Tn




the

States

to

studies

including

of

,

es¬

supply

its

timber

'='97,983
'•

■

-

revenue-

$450,000

$438,800

$1,877,000

expenses

355,865

337,991

1,353,906

rev.

from

7

ry.

$94,135

op.

$100,809

*28,776
*Deficit:—V..T89, p, 2136. ~
-

Corp.—Reports

tNet

$523,094

$730,286

*23%27

29,187

183,526

Shares
Net

outstanding.

income

per

"Deficit.

was

various
avail¬

June

Utilities

the

416,880

336,240

$0.18

$0.19

—

Associates—System

Borrowings Ap¬

additional

investments

in

common

directors

of

maximum

of

any
to

one

time,

the

proceeds

retire outstanding

Mont's tip

Electric

of Equity

shares

149,478

to
a

th®
one-

General has authorize®
of Equity General pre¬

of

of

.

.

voting securities of Equity General and will continue to
corporation, and Equity General will hold 81.47%
ol
voting securities of Development Corp. and will con¬
it.—V.

189,

1927.

p.

Opens Two New Units

—

—

nation's

the

of

one

leading

manufacturers

of

automobila

V*

.

store

.

was

investment

D.

Inc.—Registers With SEC—
located at 1028 Connecticut Avenue, N.W.
registration statement with the SEC oil
The com¬

company,

filed

C.,

a

29,

Yates,

lists

neither

Distributors,

ESA

Board

Securities

Co.

<g

Inc.,

Woods* of

Chairman
will

serve

St.

Louis

underwriter,

as

President.

and
as

business

as

and

American

manager

The

pros¬

investment

Joseph

of

Amann

ad¬

oi

Diversified
the fund.
,

Evans Products Co.—Unit Acquires Bach Firm—

Co.,

to

be

used

bank notps, to make
and/or to pay in

S.

Avails, Jr.,

of

E.

Edward

President

announced

22

of

of

Evans
E.

E.

the

cash

Fiddes-Moore
E.

holding company, and three of its subsidiaries have
authorization to issue ana sell notes' to banks during,
half of
1959,
in
amounts
not
exceeding an aggregate
of

SEC

last

board

first Protecto

Mutual

*66,153

provision for income taxes.—V, 189, p. 1926.

$19,475,000 outstanding at
by the respective borrowers

and Development
of

$1,430,578

'77,490

Boston

received

stock;

of 5,343,220 shares

offer 500,000 of such shares
In exchange therefor, on

to

proposes

General

a

control

amount

Eastern

Equity General, 500,000 shares of

1959 covering 2,000,000 shares of its capital stock.
pany tvas organized under Maryland law on May 15, 1959.

1958

$2,477,770

—

1.

1
no

owner

exchange for shares
basis of one share

Washington «'as

—

"share

tThere

pre¬
-

-

common

and

pectus

1959

:

—

the

ESA Mutual Fund,

•

income

and

covers.''

This

Profit-

6' Months Ended April 30—
Net -sales

of

preferred stock of Development
Equity General preferred for
Development Corp. preferred.
;
to
the prospectus,
the management of Equity believes

such

to

viser;

Dynacolor

follows:

as

149,478 •shares of preferred
of common stock.

The

in

Washington,

income—--

issue

share.

.

1,322,914

Net

last
per

of

The

$2,053,200

oper.

Net ry. oper.

this
$42

'1959—4 MoS.—1958

oper.

Railway

This

of

the

10,843

proved—

region.

intensive

project,

Denver

"'29,126

Railway

.

of
of

opened in Canton, Obio m Mny of laslj
year.
The two new stores in Detroit bring the total, units in th®
chain
to
14.
Mr.
Leopold said that two more buildings are undue
'construction in Detroit and will be opened as soon as completed. Th®
^company plans to add 20 to 30 units a year until the chain span®
the
nation.—V.
189fcl p. 1346.

$55,897

1959—Month—1958

rate

outstanding

seat

& Pacific Ry.—Earnings—

Period Ended Apr. 30—

conversion

_

and

of

stock

chain

$1,934,624

1,867,462

■

conversion

upon

initial

opening in Detroit of two units of the Protecto chain of fran'cliised auto specialty stores was annuuncid on June 25 by Howard
p„ Leopold, President of this company, which is the sponsor of th®

$198,088

,

arid

Tbe

$15,194

56,197

2033.'

p.

Duluth, Winnipeg

contract

Crown Ze Iter bach Corp.-'—New

V.—189,'

Jan.

usual

our

Equity

or

basis.

many

tinue

by

ana

,

$121.89-7

ry.- op.

oper..income

ry.

-Deficit.

tluec-story research

announced

from

rev.

4.50%

result

a

"7,075,707

"

1

as

stock

outstanding

$G,797,liOB

$2,065,550

456,532

issued

were

unissued,

issuance

the

Ero Manufacturing Co.

1959—Month—1958
$600,687
$471,726

revenuc_

oper,

stock

Equity General
and
proposes
to offer 500,000 of such shares to th®
Equity common in exchange therefor, on a one-for-ori®
Equity General is the owner of 2,399,504 shares of Development

control

Duluth, South Shore & Atlantic Rll.—Earnings—

Railway

189,

the

of

As of
conversion,

for

holders of Development Corp. preferred may desire to acquire share®
of Equity
General preferred in exchange for shares of such Devel¬
opment Corp.- preferred in order to acquire a security having a greater
"net asset coverage than Development Corp. preferred in a corporation
having higher earnings experience to support the dividend payments
on
the
preferred.
Assuming complete acceptance of the Equity anil
Equity General offers, Equity will hold approximately 97.08%
of tho

8,149,699

209,454

shares

presented

stockholders of Equity may prefer to hold secu¬
Equity General or Development Corp. representing a mox®
direct interest
in
underlying assets represented only indirectly by
shares of Equity.
The management of Equity General believes thak

$1,352,491

8,245,429

"

outstanding

been

of

According
that

2033

p.

common

2783.

p.

issuance

rities

em¬

1,840,040

3490,712

income

oper,

"Deficit.—V.

had

basis

Corp., on
the
two shares
of

the

offering circulars
of
the
misleading representations of

at

common

ferred

-

of
Net rev. from ry, opers.

of

stock

common

Jiolders

facil¬

Initial

2,336,647

expenses-

was

galled for redemption.

registration of securities,

oc¬

$2,827,359

revenue

prin¬
due, April
1.
like amount

repay %

loans

institutional

12

Corp., 500,000 shares
The Equity Corp. is

1959—4 Mos.—1953

.

to

($3,000,000)

been

189,

.common

'V

1959—Month—1958:

$7,000,000

series

to

Equity General Corp.—Registers With SEC—

Duluth, Missabe & Iron Range Ry.—Earnings—
End, April 30—

bank

used

'■

Findlay

the

short-term

of

sold

and

41/£>%,

were

This corporation
and Development Corp. of America, both of 10»
.'Park Ave., New York, filed a registration statement on Jan .29
covering

_

Inc.,

the

'

stock offering
purchasers of the stock. *
opportunity for hearing,
upon

deceit

orders" provides

stock

...

at

bonds,

of this sale

such. shares

short-term

—V.

on

recently announced plans to build a polyethylene film plant
Fresno, Calif., to seive the Western market.—V. 189, p. 2782;

Period

.

our
1959
gas
storage program.
In addition,
an
open line of
credit
^amounting to $0,000,000 has been established with a Pittsburgh bank
for the
period beginning April 15, 1959, and ending April 10, I960.

r

Dow
in

;

practice, the company borrowed $6,000,000 on
during • 1958 under a natural gas storage credit
agreement with a Pittsburgh bank to finance the
inventory of ga»
.in storage.
This borrowing has been repaid, and a similar new lin®
.of credit in the amount, of $'7,500,000 has been established to financ®

,

Fibres,

site

27-acre

than

under

all

As has

a

189,

Findlay, Ohio, industrial plant which will
manufacture of polyethylene film was announced

this "company..

by

th®

In

better

over

vacanL

The plant, built in
1947 by National
cupies about 208,000 square feet on a
.north city limit. ;

sold

shares

fer red

in

Dow Chemical Co,—To Establish Ohio Plant-—
jr

issued

mortgage

'common.stock.for

stores

country>—V.

the

Equitable

first

January, 1959, the remaining
preferred stock were

for-one

the

23%

working capital.

1958,

of

loans

1959,

■Cdrp.

of

$2,500,000.

were

,

2240.

for

being

orders

thereof. On
.March 17, 1959, the company issued and sold
60,000 shares (tiggregat®
.par, value $6,000,000) of its. 4.36%
convertible preferred stock to m
group of underwriters for public offering. The proceeds of this sal®
together with $1,500,000 generated from operations were used to
pay
the $7,500,000 of bank loans
outstanding, previously mentioned. Th®
company has reserved 142,858 shares of its authorized, but

first

owns

10,

borrowed

88,100

equipment
provide

retail

86

England,

throughout

dividend

—

for

used

convertible

J-

sales

be

total proceeds

were

bank

In
■

wrappers,

have

1953

then outstanding.
Th®
investors at par.
The balance off
renewed, and an additional $4,500,00®
an open line of
credit, thus making the year-end
loans outstanding $7,500,000.
The proceeds of the borrowings wer®
added to the company's general funds and were used
to finance' a.
part of the 1958 construction program.
the

multi-color .printed

companies

its

Laboratories, Inc., Butte, Mont.—FilesExchange Commission —*•
^

to

$10,000,000

bonds

will

for

April

the

was

founded

was

Ne&

securities

and

are

amount
The

of

.

board.

manufacturing plants

timbcrland,

proceeds

1983.

Printing

subsidiary, manufacturer of molded pulp prodInterest in a domestic company, Dairypak But-

West

Printing

of

.converted

•

-

S.

Bath

offering

•-

.

States
:

including labels,

i

certain

will

the

on
June 8
filed a-letter of notification with tho>
$195,000 of five year 6% convertible debentures to b®
denominations of $100, $500 and $1,000
each, at par. Deben¬
convertible at any time into common stock at $5
per share.

In

cipal

for

Diamond

of

earnings,

of 1959, Ebasco's new
period.—V. 189, p. 2033.

Research

arc

On

of

on

$23,000,000.

was

Equitable Gas Co., Pittsburgh, Pa.—Financing—D.
Beecher, President, on June 23, said in part:

common

circumstances, their

as

the

on

made

comply

of

Gardner.

him

of

underwriting is involved.

The

&

Cleveland, Oliio.

——Purchase

the'

that

respective companies contain false and
material facts and that, under such
„

to

of
on

'

offerings of securities
orders,
the
Commission

its

join

value

corporation

S.

in 1867 and is. one of the leading propackaging and advertising materials,
folding cartons, point of sale material, out¬
door posters, booklets, calendars and a wide range of other advertis¬
ing products. Tt is^^especially known for quality color reproduction by
all
of
the.";'major. printing
processes—letterpress,
lithography
and
gravure.
U.. S, Printing plants are located in Cincinnati, Ohio; BaltiVmore,. Md.j' Erie, Pa.; Long Island City, N. ,Y.; Mineola, N. Y.; Phila¬
delphia, Pa.jrkan Francisco, Cal.; Rt. Charles,. 111.t
■

public

In

failed

50%

acres'of

U.

-

(4L)_,Pumpkin Buttes Uranium Co., Inc., .Rapid City, South Dakota.
In its notification, filed Oct.
6, 1955, Pumpkin Buttes proposed the
public offering of 500,000 common shares at 10c
per share.
^ r. Regulatiori
A provides
av conditional
exemption from
registration
not

will

market

a

covering

tures

No

with

Corp.

months

1958

The

Company,

.•ducers

its

...

Printing

its

English

an

andvlias a

the

public

,

from

450,000

Faithful

public

on

1954

company's

offered

stated.

share

Gas

•

five

the

SEC

Estimated
subsidiaries in

exchange of 2.7 shares

each

U.

f

Services
Inc., wholly owned engineering,
construction and
consulting subsidiary of Bond and Share, accounted for 27%

sfoC—-

and

Value, etc.—

fields,

unconsolidated

was

United

Ellis

Gardner's

Asset

—

securities

With Securities

packaging

and
it

the

for

selected

Division

located

-

the

2136.

p.

June 30.—V. 189, p. 2673.

Co.

$16,000,000, or 51% over cost.
Share realized a net income of
$7,616,041, or $1.45 per
1958, the second highest in the past 3,7 years, u'pd -fii'sfe
quarter
in 1959 were 3% ahead of 1558, Mr. Walker said.

Ebasco
of

fir$t

Inc.

proposed
-

189,

the Diamond

facilities

"These

Co.s
Montaup

and

and

business

18%.

ler,

offer¬

share.

per

Bond

earnings

hi

the

Limited;

per

1955,

5c

Colorado.

public

SJ

'

orders

the

proposed
share.

call for

Printing

-

as

Electric

&

2732.

p.

on

Share

&

Share's

since

share in

fsecuri-

o

of
1959
showed* an
increase
of
about
14%>,
over
the
1958, and U. S. Printing sales were up approximately
Diamond' company * also owns The Rartman; Fibre

The

registration

27,-1956.
" '
Casper, Wyoming.
Old

Inc.,

April

common* shares

Junction,

U.

Gardner

quarter
;

.

Corporation,

Uranium,

notification

4,500,000

of

acquired,

Stock-Exchange.

will-be

States

are

borrowings

Gas

$3,200,000;

per share at June
12, 1959 was $34.69.
Walker
noted
that
unrealized
appreciation in

holders

.

Cordillera

shares

Uranium

•

offering of 3,000,000 common shares at
-by Greenlite in a notification filed Jan.
i

1959,

of

name

the

p.

the—-Securities—Act—of—1933-—with—respect—to—public—-offerings—

securities

sale

'quarter of

Offering Suspended—
26,

Cincinnati

Co.,

value

.Mr.

first

organizations and

$250,000,000,"

Gardner

189,

was announced

and

shares

United States Printing
of" approximately 900,000
Approval by share¬
both/companies will be sought at special meetings to be held

$168,000,000

.

Cordillera Mining Co.—Stock

under

and

cars

greater flexibility for* both companies."
Diamond asset's reported in 1958 totaled $135,458,000;
United. States
Printing $20,453,000.' Diamond lias over 10,OpO employees and United
'States Printing &
Lithograph Co. about 2,500.
/
%
;nThe ^78-year-old Diamond-1"Gardner
reported sales in 1958 of over

and

•/vThe SEC, ft was announced June
temporarily suspending Regulation A

printing

stock of

common

'-ment 'said.

bearing in mind that the
-remaining
months
>f
the
year
are
traditionally Ihe
best
in
our
Industry, I believe that my earlier predictions of. a
$15,000,000 year
•and $1.20 per share
earnings will easily be fulfilled."—V. 189, p. 1464.

•of

Differentials,,
•

in the offer and

Diamond

in 1959%,Diamond stock is listed

new

J of

both

figures approximately 2% bettor than last- year,
and both substantially below the
industry average.
Mr. Cooper noted that earnings before taxes for this
may-of $114,775
were close to
double the May ,1958 figure of
$67,2.58.
^
'

Act

strengthen

the

merger

Diamond

"United

paid this March.
> %
$1,364,880 leaped $254,204 aboVe May,
for five ofiening
months
of
1959 was

of

195B's

more

Slip

passenger

V

the-combined companies.
%
Lithograph Co. will provide Diamond
an
.outstanding .record in production and merchandising of printed
packaging,^- cartons, labels and advertising material, with extensive
facilities-for letterpress, offset lithography and gravure
processes, in
plants'located'in eight cities throughout the country," the joint state-

■

_

and of.

in

about

the

resentatives

-

"

despite

'.V

According to the statement, Mr. Fairburn will become Chairman of
Board and Mr. .Walters .will become President of the
merged companies...; Mr.-.Walters will also become a director and two other
rep-

•i

five months of 1959 over last year, were announced on
June 25> by Robert F. Cooper, Jr., Chairman and President.
Per share earnings for May showed a 50%
increase over lastyea!r,

'

most

than

more

the

VOutstanding

for;the: first

'

with

Limited

on

below.—V.

will

Vallev

Light

portfolio at Juno 12, 1959, George xtj.
Walker, President, reported, had a market value of $69,000,000, repre¬
senting 38% of total assets. It contributed 19% of the 1958 income.
Tho
portfolio
consists
of
stock
of
32—companies - purchased sine®
April, 1954 with a market value at June 12 of $46,000,000, and 640,49«1

fTl?c proposal Involves the issuance

of

the

-on

subsidi-

.

1,

Earnings for May Up

—

gross

Powr-Lok

Bond

reductions

Gas

combined

total
of

of

holders

j'.-.
A

together

cost

five

the

shares of

j

•

Cooper-Jarrett, Inc.

substantial

recessions

of the Securities

position

will

common.

Maine

ol

these

300,000 shs.

p.'2888./^)

of

1959

Terms

supervisor,

for

;

.

.

sales

no

Portland,

of.ithe.,State

:Authorized
—V.

and
•

a

CAPITALIZATION

.

the

Regional

consolidation

$11,000,000—V.

Electric Bond

of

.

"This

Individual

Blackstone

Electric

compared

increase

an

-V,'

.

equipment

Equity General Corp.

Printing's

j.

selling stockholders,
.

Consumers

company.

counting,''financial,
i aries. "

was

Diamond Gardner Corp.—To Merge—

/*

the

and

water holding company which con¬
ownership-seven water companies and in addition,

real

one

.

to

located

company,

is'.,a corporation

,^V.

company.

;Feb.> 25,
1^6.' Consumers
trols through stock

on

oversubscribed

was

,J.cT..'y

to

accrue

This

Directors of this ^corporation
and The United States Printing
&
Lithograph Co; have agreed to merge the two companies, subject to
shareholders' approval, it was announced June 29 in a
joint statement
by Robert G. Fairburn, President of Diamond, and William H.
Walters,
President of U. S. Printing.
/

.

BUSINESS—This

Me.,

offering

■"

1

■

1958.

$3.28

;

This

*

in

Development Corp. of America—Registers With

$28,833,367

8,866,210

outstanding.

sh'areiii-

Payson* & Co., of Portland, Me., on June 22 publicly of¬
fered 9,700 shares of common stock
(par $1) at $29.25
per

comparable

period

corporate defendants.

Consumers Water Co.—Common Stock Offered—TR M.

y

the

for

the

for

Christeuson

and

River

through Lehman Brothers, G. H. Walker &
Co., and Bacon, Whipple & Co., has arrahged to place
privately $5,000,000 of 5*4% promissory notes due June

This

Oil & Gas Corp.—Stock Enjoined by SEC—-

Sherman

Marva

a
■

reported

544.

p.

construction.

new

$2,775,000;

company,

$165,477,036.

were

share

per

earnings reflect

optional

Sections 5, and 17

288P.

p.

in

188.

.

3,748.770

$29,315,048
stock

common

*'

as

trucks.—V,

Judge

v

32,582,137

3,733,429

preferred stock...

per

1959

Office announced-June; 24,
1959, that
iUSDC, U.) had permanently enjoined
Corporation, 31ack Gold and "Mines Corp.,
Liquid Gold & Minos Corp., Utah Galena Oil Corp., Syndicate Oil
&
Mineral
Co.,
and
certain
individuals
from
further
violations
of

S224,579,608

43,532,967

%

Earnings-,

available

The

•

S242,000.752

etc..

Balance

Shares of. common

31,
$131,477,412

,

improvement

light

Co.,

1, 1979, it

Del Marva

$44,946,124

^

May

-by-product.

1959

after

ended
the

over

of

Fall

Edison Brothers Stores, Inc.—Private Placement—This»

accomplished
during the
1958
50%
increase
in
the
sale
of

:

__i

income

income, after

Dividends

"a

•

,

May 31—

income

months

,

.

development of

as

2564.

p.

asset
f

income

Gross
Net

in. the

1,363,157

operating

Cther

companies

producing

Earnings Increased—
12 Months Ended

nine

increase

'

utility and

breeder"

189,

■

The

participation in the Enrico Fermi atomic power plant
project
Monroe, where Consumers is cooperatiing with The Detroit Edison

and

the

Electric

period.

75'^'

pany's
near

$2,500,000:

decide to proceed with a mill after analysis, of
project would take approximately two to three years

Earnings of $13,747,688 or $5.45
$7,870,833 or $3.07 per share

com¬

part
the "cost
follows:
EUA.

'

.

company

with

.

The

'•;

.

Corp.—Sales Up 26%, Earnings 75%—

for

26%

a

The

initial 50,000

an

the

complete.—V.

and

cooperation

-,

,

findings,

to

Co., which will contribute substantially toward
goal will be to increase the plant's
capacity
kilowatts to 75,000 kw through refinements and
technical developments to take place over a
period of •41,a years' after
the plant goes into
operation in 1962.
vthe cost

from

-

*

Should

The

w.Mr.

labor, water and power resources * and possible milTsites.
The
phase of the study will include the upper Colorado River

millsite

^

5

&

sale

to

President
Mdhvork
of

the

Northern

Co.,

Products

Bach

Bach

which,

of

this

Co.,

Bach

Plywood &
in turn, is

and

E.

E. Bach,
on Jun®
undisclosed
Door Co., a subsidiary oi
a
wholly-owned subsidiary
company,

Minneapolis,
company

for

Minn.,
an

Co.

Millwork

with

Co.,

sales

at

an

annual

rate

of

approxi¬

mately $3,000,000, is one. of the area's largest millworking wholesaler®
whose
specialized
operations
include the
distribution
of
windows,
doors/ mouldings
and
other millwork
items
to the lumber dealer
and
contractor
trades.
Its
acquisition further strengthens FiddecMoore's facilities in
the
west
north central section of the country.
—V.

189,

p.

2241.

..

°

6

Fairmont Foods Co.
At

the

holders

May)
V

annual

that

—

June 24 it was reported to .stock¬
the first fiscal quarter (March, April and
a
15',.
improvement over a year ago.—

obtained

processing

new

on

1

Carbon

General

Plant and

if

Corp.—Unit Plans

Chemical

&

Farringrton
The

U.

nounced

Co.

Manufacturing

New

Develops

—

—

S.

Force

June

Air

Research

Development Command

and

Print

Reader

19

MX-2021.

Machines

Intelligent

at

Research

;

(

-

of

lie

reading of printed information
Farringtion's 25 print read¬
ing machines being used at various commercial-installations.
However, (he Air Force machine is far more advanced than any
existing commercial installation in that-it reads ordinary typewritten,
sheets having both upper and lower case alphabetical characters; nu¬
merals which are seif-checking for accuracy and even reads the punc¬
symbol.-.-

189, p. 2349.

V.

filed

The

share.
and

offering

salesmen,

for

the class

is to

which

the

sale

at

$3

commission

The

shares of class B common stock; and 100,000 class B shares
have been set aside lor issuance to key personnel other than the organ¬
The

■

company

organized

was

April,

in

1958

and

engaged in

is

purchasing real property and interests therein for investment purposes.
Net proceeds of the stock sale will be available for the payment of
principal and interest due on properties heretofore acquired, for the
purchase of new properties, lor the development of properties and for
working capital. It has acquired undeveloped land, commercial prop¬

and property located in residential
and resort areas, • the properties being located in Phoenix, M&ricopa
County, Gila County, and Yavapai County, Ariz.
*
The prospectus lists Bert Cava-naugh as President. He and George F.
Tyson, Vice-President and Treasurer, will each receive 100.000 class B
erty

unimproved)

and

(improved

.

shares.

for

Georgia International Life Insurance Co.

manufacturing."

salt

High Voltage Switchgear
than

units

100

and

Department lias recorded or¬
a
corresponding number

received

long

balloon,

through an underwriting group headed by The Robinson-Hum¬
phrey Company, Inc. and The Johnson, Lane, Space Corp. The under¬

writing

organized under Georgia law in May, 1959 and has
Hughes Spalding < Board
Smith, Hughes Spalding, Jr., Griffin B. Bell and
David H.
were
the organizers.
G. Albert Lawton, who will'
serve as President, together with officials of the managing underwriters,
also were active in organizing the company. The directors of the com¬
The company was

design,

license to do business in that state.

a

Chairman),

Furman
Gambrell

together with

aid to the scientific World as a
altitudes, is heading for new prominence com¬

and accident
viduals.

General Manager of the division, on June 25 announced
and operation of the two new "blimp"-shaped
commercial

offer

possibilities

in

elevating

and

loads

the

northwest

Oklahoma.
—V.

189,

counties of

He

makes

His

home

will be in Tulsa,
Street, Tulsa.

headquarters

at

1920

Main

No.

and 2074.

2783

pp.

Texas.

his

Land

Corp.—Plans

Construction—

This

corporation is embarking upon a major construction program
at Duck
Key, a tropical island resort development on
the Florida
Keys, 95 miles south ol Miami, Fla., Bryan W. Newkirk, President,
announced

June

on

24.

House,

allied

and

antennas. In addition, they are expected to be used for
measurements,
communication links, advertising,
reconnais¬
microineteorlogical testing and monitoring, and location markers.
—V. 189, p. 2457.
'

headed by Auehincloss, Parker & Redpath.
were offered at $75 per debenture and
the common stock was offered at $2.25 per share. Addi¬

ing group
The

General Plywood Corp.

offered:

Step..in the creation of

in

good

would

Reed,

M.

faith.

be

further

He

served

best

stated

Kidder, Pcabody

he felt the industry generally
all questions in connection with,

Miami

of a hotel,
on
Duck Key, as the initial
the Overseas Highway between

on

and

Key .West," Mr. Newkirk said.
Incorporated in Florida in 1958, the corporation

improved
resort,

Duck

Key

property

and

business

residential

which

Key is a natural island, the
•supplemented by 500,000 cubic yards
of

yards

bay

bottom.

will

be

outright

owns

further

tho

original

site

developed

coral

of

of Which lias

for

fill

rock

and

been

1,500,000

The

property has been divided into five
linked together by bridges and a tenmile network of hard .surfaced, oil-bonded roads.
It is connected with
the Overseas Highway by a 2,000-foot
causeway and bridge.

separate

landscaped

Protected
islands

by

zoned

are

development.
which
The

19.j

for

There

miles

islands,

breakwater

a

are

the

on

hotel,

is

the

on

in

1951

and

yacht

10.5 miles

subsidiary

a

Ocean

club

of

side,
and

the

five

residential

water

frontage,

of

[

ocean.

form

company, Mr. Newkirk said, to start
ects scheduled ut Duck
Key.
Duck Key was acquired
by Mr.

«—V.

Atlantic

business,

approximately

corporationwill

executive,
filling ft

manufacture

Ferris

ol

the

the

on

according

to

master

a

Corp.

pre-emptive

—

Rights

Offering

to

rights;

these rights expired on
price was $12.50 per share.

April 21.

The subscription
offering was not underwritten.
Stockholders of
on April
2, 1959, purchased 20,251 shares of the
company s common stock
(par $1) pursuant to pre¬
emptive rights. The remaining shares will be sold
pub¬
licly by the company through its
regularly employed
agents and employees.—V.
189, p. 2033.
I he

record

General Bakeries

Ltd.-—Earnings Show Increase—

pr°fit for tlie fiscal

pa^w?th $822?l28eSS

year ended April 1, 1959 was

32' °pcratlne Profit of $897,967

Oompanyrs operations

were

further

broadened

bv

mirchase

of

comwell.

OntaSo

R5£?fh!ibaker!Cti,rOUa"aj

Brockville and Araherstburg in
^ere coinPlPted just prior to the fiscal yenrwinfom Worker °^a^lnS tesults for the year was 'negligible, report
Ch,airman of the Board, and Stephen R. Saxby,
k"
of the n<wly acquired plants, a sales increase
10.6% over »
the g ?
'

af, of £pri! h 19*9 was $301,224,

addition

to

as compared with
of the assets of the newly acquired

substantial

Sffisq?3?onCvtiw?, 5? !°a,?S ?y
to produce

■

^

major - project

equipment

?
bread

W,
and

and

that

lie

it.

shares,

at

expenditures

for

building

were
additional bread
nearing completion at

lnstdllation of

which

was

enable this plant to almost double
increase the
.




and

$850'°90 whi1^ fixed assets

was

Montreal,

over-all

on

its capacity

capacity by 50rJ. A building

June

on

for

2

a

voted

25

basis.

1

to

Present

certificates

and

General

split the company's $5
certificates

representing

are

be

to

For

subsidiaries

$31,304,000
compared

in

the

$1.47 per

or

with

$1.35

months

12

share

iter

share

recent

per
how

as

lias

been

Earlier in the

ago.

running

ahead

of

domestic earnings

share and net receipts from Manila Electric Co. 5c
appears
that domestic earnings may be slightly

per

November to the 28th

the

ol

the

15tli

same

in

February,

higher

months.—V.

May,

1959

"Our

of

the

August

(B.

With

all

currently operating profitably, the overall
excellent, Mr. O'Neil reported,—V. 189, p. 2034.

General

.

Transistor

Corp.

New

—

(

PRESENT FINANCING

TO

Outstanding

®2.150 shs.
100,000 shs.

2,150 shs.
400,000 shs.

$100)

stock

capital

common

(par

out¬

—

Output of Tread Rubber In¬

Angeles Plant—

Los

at

rubber at

B.

F.

Goodrich Tire Co.'s Los Angeles,

operation and better control of product quality
daily output. The tread rubber is packaged

efficient

addition

to

the greater

50-pound .rolls.—V.

189,

in
in

2034.

p.

(II. W.) Gossard Co. (& Subs.)—Earnings Increased—
Six

Months

Profit

before

Provision

for

Ended
income

May

Intercoupling

$200,712

208,250

209.000

51.05

$0.96

188, p. 49.

Grand Union

System— '

204,767

$218,591

—

:—

$405,479

236,253

___

profit per(share_:

1958,

$454,844

—

J,—

taxes

Net profit
of shares

—V.

1959

31—

taxes,——

income

Number
Net

'

•

Goodrich Co.

300%

Calif., plant was increased 260% by a new manufacturing unit put
into operation recently.
The $300,000 unit boosted the plant's capacity to 50,000 pounds daily.
The new unit is 142 feet long and comprises two mixing mills, an
extruder, and a series of stock cooling chambers. It makes possible

W.

company,

is

of*

EFFECT

$1

Production of tread

^

divisions

appears

(par

(par

of

F.)

creased

and

earnings for the first six months of 1959 were
equivalent to $2.63 per share of common stock
outstanding,"
he said.
"Our
earnings
are
more
than
four
times
what they were at the comparable 1958 period when we
reported on
earnings of $.52 per share of common stock outstanding."
look

manufacture of commer¬
items lor use by the soft

$100) are convertible, at
the option of the holders, into cbmmon stock (par $1) on the basis of
100 shares of common stock (par SI) for each share of common capital
stock (par $100) over a period beginning July 1, 1960.—V. 189, p. 2458.

estimated

which

stock

•Shares

;

189, p. 2458.

1958
period.
first six months' sales in the history
O'Neil, President, announced on June 25.

same

$13,929,809

capital stock

Common

It

of this company for the six months ended
$305,339,274, compared With $202,22B,500 lor the
This is an increase of 51'r
and represents the

highest

Smith,

the company and

Authorized

than

sales

were

—

and the books closed.

general funds of

the

to

GIVING

CAPITALIZATION

more

consolidated

31,

be added

refrigeration, with special emphasis on
industry.—V. 189, p. 2456.

Com.

year

General Tire & Rubber Co.—Reports Record Sales—
May

Offered

BUSINESS—-The company is engaged in the

.

The August dividend will be payable on the 28tli instead of the 15th
heretofore.
The company had announced in May a change in divi¬
from

Stock

Common

at $1.48

share.

-...

dates

—

drink

shares

a

2890.

189, p.

used,

cial

by

will

earlier."

payment

—,

7,500

6.000
5,200
5,200

together with retained earnings, to maintain its program of
research and development in the over-all field of commercial refrigera¬
tion and more particularly in that of general vending machine design;
and to reduce or eliminate the necessity for seasonal short-term bank
borrowings.
•

receipts

15%

than

1959

split

Corp

PROCEEDS—To
be

from the
share in the latest 12
domestic subsidiaries in

the

of

better

we estimated

year

18,700
13,500

55,000
45,000
45,090

—.

—

——■
_

18,700

•

70^000

1—

-

This offering was oversubscribed

of

to about

amounted

Net

year ago.
to 11c per

subsidiaries amounted
period. Kilowatt hour output

weeks

May

a

Philippine
months

ended

Coe.

&

details, see V.

Glasco

value

par

shares

the average number of

on

—

-

Shares

.

,.

Hague & Co. and associates on June 25 publicly offered
100,000 shares of common stock (par $1) at $10 per share.

be mailed July 9 to holders of record at the close of business June 25.
After the split there will be 21,741,406 shares outstanding.
A.
F.
Tegen,
President, told stockholders that "Earnings of the
domestic

A

170,000
125,000.

—:

..

Brewer, Becker <fe Bryant

Mackall

Plywood,

retained

additional

the

:

expresses

contributory infringement
of

.

$170,000

—

Winslow, Cohu & Stetson

General Public Utilities Corp.—Stock Split Voted—

Co.—Opens Three Supermarkets—

"

integration of machine -accounting and wire communications Is
new possible with the
development ol an advanced intercoupling sys¬
tem by Systematics, Inc., N. Y. C„ a
recently acquired subsidiary.
The new equipment permits the automatic transmission of
punched
card

data at 60,

75,

or

100

words

minute between locations linked
by wire systems. It, is applicable to any operation where punched card
data must be relayed to a control location for
recording and analysis.
Immediate
applications are in payroll reporting, inventory control,'
cost accounting, etc.
This Systematic series- of intercouplers eliminates errorprone manual
transmission of data.
Machine accounting procedures are speeded up
per

in

data handling costs are reduced substantially.
Company spokesmen reveal that several orders have been r-eceived, and
installations at two leading industrial concerns are under way.
Systematics, inc., was acquired in May, 1959.—V. 189, p.. 2675.
.

Fort

Florida.
Two

Grand

"

'

•

more

Union

markets,

one

in

Chappaqua,

N.

Yr,

and

opened on June 24.
The Chappaqua
supermarket is 18,600 square feet in size and that in Whitehall 8,000
square feet.
the

other

With
11
p.

in

these

Whitehall,- N,

new

Eastern states,

Y.,

openings, Grand Union is operating 440 markets ,in
the District- of Columbia and Puerto Rico.—V. 189,

2675.

Great Western

and

initial

June 22 opened a 19.300 square foot Grand Union
Lauderdale, Fla., bringing to. 20 the number of its stores in

The company on

The

Securities and

Life

Insurance

Co.

—

Registers With

Exchange Commission—

This company, located at 101-111. N. W. Second Street, Oklahortia
filed a registration statement with the SEC on^yune 29, 1959
covering 500,000 shares of its common stock and options to purchase
200,000 .additional shares of outstanding stock.
These securities are
to
be
offered in
units,
each consisting of five
shares of common
stock and an option to purchase two additional shares, the units to
bo offered for subscription by, holders of
the 1,500,000 outstanding
common shares at the rate of one unit for each
15 shares held.
The

City,

General Waterworks Corp.

prior year was recorded

**17'569 a >ear earlier. Purchase
businesses, in
2HL5.V 7?
production

wtihout incurring, liability for
patent pr any inmugement

Stockholders

plan.

Stockholders—The company on April 3 offered to its
stockholders of record April
2, 1959, rights to subscribe
lor 231,988 additional
shares of common
stock, on the

Of

belts

specifically reserved its right to assert that users
such belts may have infringed or may be infringing its patent.
There was no money involved in the
agreement.-—V. 186, p. 942.

dend

property

Investment

*239

abrasive

coated

has

estimated

and
construction
immediate building proj¬

Newkirk, a Toronto, Ontario, mining
approximately $1,800,000 has been spent in

andscapmg

of

belts

Plywood's

however,

The

basis

of

Co.-„

Co

<fc

Rouse,

his firm's
afforded in the
said

opinion as to whether the industry would be best served by resolving
all questions in connection with the patents.
Under
the
terms
of
the
settlement, Minnesota Mining agrees to
dedicate its patent to the public and agrees that it will not bring
proceedings challenging Plywood's patent.
In return General Plywood
agrees not to challenge 3Ms' rights to manufacture and
sell coated

supply1-

189, p. 2674.

Foundation

sale

and

President,
protection

Redpath-

&

Johnston, Lemon & Co.-—

no

.shareholders

use.

Duck

cubic

patents.
Speaking for 3M, Herbert P. Buetow,
only interest in its patent had"been the

Parker

Auehincloss.

that

resolving

by

and not jointly

the amounts set
stock now being

Debentures

Jr., Plywood President, said he now felt that all
areas of disagreement had been resolved and that all parties had acted

facilities

city

anew

■

•

involved

Henry

^

;

have severally

underwriters

UNDERWRITERS—The

agreed to purchase .from the selling stockholder, In
opposite .their names, the debentures and common

The patents

controversy involving patents held by each of them.
relate
to
processes
for finishing wood.

year

_

—

corporation and Minnesota Mining & Manufacturing Co. of St.
Minn., on June 26 announced settlement out of Court of a two-

Paul,

debentures

tional details follow:

Patent Suit Settled

—

This

the immediate construction

resort

th£

public offering on June 19 of $680,000 of 5%% sinking
(GT series) due Dec. 1, 1971 and 74,809
shares of common stock (par 10 cents) by an underwrit¬

-

"The directors have approved
Indies

Additional Financing

—

made in our June 29 issue of

was

fund debentures

sance,

abrasive

Florida-Southern

Mention

—

'Inc.

Properties,

Food

Giant

Details

the

Melvin W. Rippe has been appointed District*Manager*for the Floor¬
ing and Adhesive Division, of The Flintkote Co., it has been announced
by W. L. Harper, General Sales Manager.
Mr. Rippe's territory will cover the entire state of Oklahoma and

states as the directors may determine.

construction

which

suspending them above the ground at low altitudes (a few thousand
feet) despite moderately severe weather conditions.
Mr. Soucek said they are capable of establishing stable aeVial plat¬
forms under strong- wind conditions. They have been used
to elevate
atomic
instrumentation
and
rescue
beacon
antennas, and
they will

pressure,

Flintkote Co.—Names M. W. Rippe—

all types, on the lives of indi¬
develops it intends to qualify and do business

sickness insurance of

and

the company

As

in such other

acoustic

A complete,
low cost, integrated Pipeline Information System for
accurately measuring, transmitting,
indicating and recording flow,
temperature and other pipeline variables in digital form
is now available from this company.
The new system measures vari¬
ables at remote points and relays data by means of standard com¬
munication
or
telemetering equipment to a central control station
where it is converted into digital form and
recorded by automatic
typewriter. The system, features a single F&P transistorized Analog to-Digital Converter (ADC) which converts and displays telemetered
data
continuously in digital form at the central control station.
—V.
189, p. 2G74.

the initial stock

to

officials of the company. The company expects to engage in the sale
of life insurance and annuities of all typey on the lives of individuals

carry, radar

Fischer & Porter Co.—Announces Information System

subscribed

incorporators,

the

of the company, purchasing 115,000 shares at $4.50 per share.
Options
covering 76,500 shares have been granted to Mr, Lawton and six other

Developments—

Division.

Zeus Soucek,

the

the company.

of

received

1

-

vehicles

to

expenses

mercially and scientifically with the development of two new carriers
the Aerocap Balloon and the Aerokite Balloon—by the corporation's

Mechanical

share. The underwriters have
the organizational and other

commission is to be 50c per
contribute $67,500 toward

agreed
'

significant

a

research vehicle at high

Registers

—

Commission—

and Exchange

share

pany,

General Mills, Inc.—New Balloon
The

central Iowa.

This company, located at 850 Hurt Building, Atlanta, Ga., filed a
registration statement with the SEC on June 30, 1959. covering 1,6(35,000 shares of common stock,
to
be offered for public sale at $5 per

influx of

more

serving five communities in south

Co.,

acquired telephone properties are to be converted to auto¬
operation. REA financing of $500,000 for this purpose has been
approved for the Iowa property.
Adumunal loans of $3,500,000 will
be sought for the two Illinois companies.—V.
189, p. 2675.
,

"

200,000
izers.

Telephone

The newly

into the light hydro¬
said.1 "The depot's storage caverns are a

inquiries from utilities for more information.
Commenting on the rise in orders and wide interest caused by the
new
single tank breakers, G. L. Roark, Department Manager of Mar¬
keting, said the utility Industry's trend to modernize their distribu¬
tion
systems while reducing maintenance costs--has necessitated a
change in breaker design.—V. 189, p. 2675.

per

99,18(3 shares have been issued or subscribed for.
in consideration
lor services rendered in organizing
the company and as an incentive
to management, the company has agreed to issue to the organizers

Creek

that Dakota Salt is going

mean

complement* to

Company's

ders

across

$15,000,000.

the

matic

of

company officers and directors
of 45c per share is to be paid.

be made by

a

public

for

A-stock

a

'

marked

boosted General's total assets

which

North Jersey; the Western Hill Utility Co.. providing water service to
550. customers in Denver, Colorado, suburbs; the South Gate Water Co.,
adjacent Sarasota, Fla., with 1,000 customers; the North Miami* Shores
Water Co., with 500 customers in Dade County, Florida; and the Soap

stream

orders for single tank power circuit breakers for
voltage.of 44,400 volts through 4(3,000 volts li*a»s been
announced by this company.
1
Since the introduction of its new all-in-one tank breaker last fall,

located at 3500 North Central Avenue, Phoenix, Ariz.,

shares of

1,700,000

initial capacity

an

on

have

General Electric Co.—Tank Breaker Orders Up—
A

registration statement with the SEC on June 29, 1959, covering
shares of class A common stock. The company proposes to

a

.

General

Stover,

H.

sub-transmission

1,799,18(3
offer

R.

said

...

acquired for cash prior to recent acquisition

and increased its gross revenues by $2,200,000 to

of

With Securities

Fidelity Investment Corp.—Registers With SEC—
This company,

have

come

added.

natural

—

•

days,

few

a

carbon- business,"-Mr, Stover

is based in part on basic techiques used in

tuation

lo

depot will

storage

"Tliis doesn't

automatic

of

1

within

plant will

scheduled

is

The

•

Successful achievement

begin

of 50,000 tons yearly
by May i960, he said.
flexible capacity, sealed to customer
requirements.
Capacity is expected to reach 2,000,000 barrels in the
next five to eight years, Mr. Stover said.
The depot will operate on a
lee basis to serve bulk distributors of propane, butane and petroleum
hydrocarbons in the United States and Canada. The greatest share of.
its business is
expected to come from natural gasoline plants and
refineries
in
Montana,
North Dakota,
Alberta and Saskatchewan,
salt

The

and

-

recognition, scientists

pattern

Tarring Ion.

increases in the past'18 months to $658,000
He added that rare increase applications how
approximately $200,000 more in additional gross

eight ~are in Illinois;
They are the Preston Utilities
Corp., providing water and sewerage for 400 customers in suburban
Joliet, the Mississippi Valley Telephone Co., serving ten communities
in
the
west central area, and the Augusta Mutual Telephone Co.,
serving Augusta and the surrounding rural area.
The^bthers are the Shore Hills Water Co., with 500 -customers in
Three

Carbon President.

successful

The Print Reader is the result of a two-year development program
by U. S. Air Force Scientists at the Intelligence Laboratory, Rome Air
Development Center, Cfriffiss Air Force Base, New York, and expert

June 24.

on

will

Work

an¬

development of a new information
machine which reads typewritten pages and translates them, into elec¬
trical signals
at
the rate. of 200 characters per second. Thfi new
machine, the, first of its kind, was developed by the company's Intelli¬
gent Machines Research Division at
Arlington, Va„ and called the
on

Monday, July C, 1959

.

'

million

$90

15

announced

Air

.

rate

basis.

All eight companies were
of New Roehelle Water Co.

evaporative salt, plant, the first to be constructed in the U. S.
years, and a liquid petroleum storage depot • •ill be built near
Williston, N. D„ by Dakota Salt tc Chemical Co.. a subsidiary, .it was
in

.

revenues.

Salt

Liquid Gas Storage Depot-—

An

Machine

through

annual

an

being processed total

on

2241.

p.

was
completed at Saint John, N. B.. and
machinery installed in Brandon.—V. 189, p. 134'3.

addition

Earnings Up 15%

—

meeting held

earnings for
.show about

would

1C9.

Chronicle

The Commercial and Financial

(50)

—

Eight Acquisitions

Acquisition by this corporation of five water companies and three
telephone properties was announced on June 24 by Howard Butcher,
III, President.
The companies, located in six States, add upwards of
$5,000,000
to General's property account and approximately 10,000
customers to
Mr.

in

the

Butcher

additional

System.

also
gross

announced that
revenues

rate

annually

increases

have

been

providing
obtained

$150,000
by

seven

companies in the System to bring the .totql of additional gross revenues

options evidence the right to purchase the 200,000 outstanding shares
owned by Great Western Building & Loan Corp.
The record date arid
subscription price are to be supplied by amendment. The offering is
to

be

made

on

a

best-

efforts

basis

by

G.

J.

Mitchell.

Jr.,

Co.,

and

Number

Volume 190

5861

.

.

The Commercial and Financial Chronicle

.

the underwriting terms to be supplied by amendment.
the selling commission, the underwriters will receive up
reimbursement for its expenses, plus warrants to purchase
100.000 of outstanding shares.
The net proceeds of the offering are to be utilized to loan to the

Purvis

&

Co..

addition

In

to

to $21,500 as

The subsidiary (Great Western Building & Loan)
to liquidate its obligations incurred on the pur¬

subsidiary $250,000.
■will

these

use

of

chase

funds

300,000

shares

of

Great

Life

Western

stock

from

J.

L.

Fife,

of the

organizers of the company qnd the former Board Chairman.
proceeds in excess of this amount are to'be used to increase the

one

Net

capital and surplus and tnereby furnish the company with
additional capital funds to expand its business.
At the time of Fife's
resignation as Board Chairman in December 1958. Great -Westerncompany's

Building

acquired

Loan

and

The

$250,000.

fcr

the 300,000 shares of stock from, him
paid him $110,000 in January 1959, tiie
1960.
To finance this transaction,
the

subsidiary

be lance
being due Jan. 1,
subsidiary borrowed $100,000

anteed

James

by

(II. L.)

due

1959,

31,

the

loan

being

guar¬

President.

McDowell,

E.

Dec.

Sales

$27,682,676,

were

company's
Mobile

compared

with

Canadian

(formerly

subsidiary,

Olen)

$26,886,261

for

Division.

a'kme

the

period in 1958.
Comparative earnings show
compared with

a loss of $313,934 for the 1959 quarter,
profit of $102,955 in the first quarter of 1958. On the

a

basis

of

share

comparison shows

of

the

in

cents

seven

shares

1,396.293

of

stock

currently outstanding the perloss of 22 cents this year as against a profit

a

1958.

;

.

\

v

Joseph H. Unger, who signs the letter as President, writes:
"Although sales were higher by $796,415, representing an increase of
2.9V over the prior year, earnings declined sharply. Over $300,000 of
the decrease
the

iiyearnings^is-directly due to^th« Mobile Division, formerly

Olen

Company, which rcrorted a profit of $64,875 for the first
1958, a figure which, is of doubtful accuracy.
major part of the loss reflects extravagant and unsound oper¬
ating policies under the Olen management for the first two months of
this quarter, the diversion of time and effort of the present manage¬

quarter of
"The

ment

to

the

problems

related to the discovery of the deficiency, and
thorough housecleaning in the company's operations.
"The company's expansion program is proceeding satisfactorily. Nine

the

stores

new

be

for

need

a

have

been

opened before

opened

the

end

since Feb.
the

of

fiscal

and

1

additional

12

of

On

year.

10c

shares

will

ones

Referring

the

to

receive

declaration

Aug.

1

and

stock

of

Nov.

2,

dividends

respectively,

full

a,

shares

share.

buy

or

Detailed

such

fractions

information

as

will

be

may

of

he

lcr

each,

states

that

mailed

be

when

obtain

to

necessary

dividend

the

is paid.
"It

the

is

dividends
such

intention

fcr

the

action."—V.

Greenlite
See

the

of

fourth

189,

Mining

corporation

Co.

merce

Commission

has
to

the

cash
justify

resumption

of

earnings

company's

above.—V.

1

Pay 5%

771.

p.

approval

51/0

common

to

ICC

approval,

a

from
stock

Interstate

the

tional

shares

for

this

on

a

as

payment also will be

offer
in

mailed on

1959!

Aug, 27,

for

each

who

$.50

face

amount

of

such

to

be

at

Common

Stock

increase

an

current

a

in

Fund,
total

in

the

net

first

assets

months of fiscal 1959,
approximately $11,000,000,

six

of

figure

of $63,790,000, according to Herbert R. Anderson.
President.
Shareholders accounts now total 15,631, a new high and
an
increase of 14% for the six months.—V. 189, p. 1130.

Grumman

Delivery
This

May

to

the

June

on

for

the

organized

was

of

purpose

emphasis

in

March

1959

the

engaging in

institutional

on

-

V/Ori».

TX/Tolroo
iviaKtb

-

rate

general

construction

tion contracts.
from

It

is

under

Delaware

assets

under

12

on

who

received

an

in

debentures.

with

agreement

located

acres

the

Red

Hancock

Bluff,

Red

Bluff.

be

It

the

the

on

Red

added

to

it

50V interest

a

and

will

in

for

its

general

As

previously noted
registration
statement

by

Sinclair

Refining Co.,

according to

announceineht

an

17.

Gulstream

distributors, will
electronic equipment,

Grumman

install

custom-interior

furnishings,

radio

is

producing the' plane at a three-per-month rate, with
airplane having gone to Sinclair. Aircraft numbers one
production prototypes, and number three aircraft, first
production airplane, is being used by Grumman as a demonstrator.
The new plane, which flew'for the first time in August of last year,
lias a cruising speed of 357 mph, at an altitude of 25,000 feet.
Presfour

two

and

are

surizntiOn

25,000

at

feet

provides

altitude

cabin

a

5,500

of

feet,

per¬

mitting above-the-weather routing—over heavy air traffic.
The new plane is powered by two Rolls Ro.vce Dart prop-jet engines,
and can self-sufficiently operate completely5, devoid of all ground han¬
dling equipment. Features include a self-contained stairway just aft of
the cockpit which permits pilot control of loading and unloading, and
an
auxiliary power unit which allows the ground operation of cabin
air conditioning equipment, radio and lights, independent of the main
engines. After loading, the engines are started using internal power.
The plane can carry as manias nineteen passengers in a high density
version.

in

June

our

-

-

Distributors
and

marketing the Gulfstream, in addition to Pacific AirSouthwest Airmotive. Dallas; Atlantic Aviation, Wilmington
Aviation, Montreal.—V. 189, p. 2566.

are

Timmins

„

fndustries, Inc.—Forms Ortholog Division-

Gulton

Formation

of

unit,

new

a

Ortholog

the

Division,

—

that

nounced
This

by

1956,

150,000

usable

extracting

during

transmission.

information

is nowequipped to offer
concept," he stated.—V. 189, p. 481.

a

of

this

signal

or

new

completely

29

in

a

Natrosol

is

this

filed

company

chemical, with

variety

of

unusual

applications,

coatings^ and

for

adhesive,s and

water-soluble

The

Canada,
the

of

name

188,

Tliis

Co.

—

Sells

registration

a

France
unit

new

located

at

statement

shares

"

U.

S.

Chemical

Milling Corp.

Hagan Chemicals &
Sales

and

income

for

President, said

cn

189,

p.

2784.

Controls, Inc. —Earnings Higher

the

months

six

considerable improvement over
„

below.—V.

ending June 30 will showthe like period of 1953, W. W. Hopwood,

and

is

of

2332

proceeds

will

the

to

South

sizings,

of

cellu¬

tetter Of notification

to

are

equipment

be
of

acquisition of

for

ski

a "new

more

and

to

them

the

others being

(S

A).

p

President

for

is

for

.

Berkeley,
26,

for

Calif.,

and

Amos

is

—

Enters

—

Central

?
as

a

first

the

r.

oper.

expenses

18,396,000

2,525,000

(net
Net

Mexican

stores

producing facility.

Pensacola,
—V.

189,

Fla.;

Telogia,

will

be

Heyden

Newport's

fifth

ry.

The firm's other naval stores plants are at
Fla.; Oakdale, La., and Bay Minette, Ala.

Splendor Mining

Co.

sales

Cost

of

Net

&

1959—6 Mos.—1958

$3,190,925

1,783,368

7,821,865

7,934,801

687,274

3,410,392

3,473,577

1,099,000

1,096,094.

4,411,473

4,461,224

$0.35

$0.35

$1.42

3,291,019

3,710,804

$171,020

$100,094

$268,867

71,658

83,835

91,694

*$45,200

*$99,362

"$16,259

$177,173

shr.

tBased

on

3,111,775 shares

Illinois Power

and

1959—5 Mos.—1958

taxes—

income

Gross

Net
Pfd.

$11,166,938

.

income

$9,609,639 $22,004,653 $19,929,070
1,986,595
4,816,215
4,806,737

$9 245,114

applicable

$7,623,044 $17,188,438 $15,122,333

879,584

$8,365,530

shares outstanding

Com.

189,

879,584

$6,743,460 $15,077,433 $13,011,333

6,420.000

6,420,000

1958

indicated
and

stcck
For

and

top

that

this

reported

sales
per

time

$559,518.

income of

814.500,000,

he

approximately

running

said,

,

ahead .of

located at 25 South St., Dryden,
registration statement with the SEC

in

11,352

15,877

17,80.8

*$110,714

*$32,136

$194,981

common

preferred

stock,

common

stock,

188,'p. 949.

for

the

three

months

ended

April 30, 1959,
period a year ago,

compared with $2,403,796 in the corresponding
Philip N. Hirsch, President, reported on June 19.
Net
earnings after taxes were $98,013 as against $30,596 in the
first quarter of 1958. These earnings were equal to 22c a
share, com¬
as

pared with 7c
^'Operations
the

a share a year ago.
for the first five weeks

increases

months,
be

Sales

"Vith

for

net

the

same

income

oi

period this year would
approximately $725,000.

Hopwood said^nearly all the company's diversified product, lines
increased volume.—V. 189, p. 46.

Hancock
tration

(J. W.) Inc.—Registers With SEC—

company,

statement

located at
with

the

not

369 Pine St.,
SEC




San Francisco, filed

on,June

25,

1959,

covering

regis¬
200,000

a

29
of

par

shares.

the

to

nine

common

at

conversion

a

and

8,175

outstanding

price

of $6.25 per share.
The 13,080 preferred
shares are to be offered in
exchange for
shares of common stock of Farmers Union Tele¬

common

327

phone Co., a New Jersey corporation, on the basis of 40 shares of
preferred and 25 shares of common for each share of common capital
stock

of

Farmers

Union.

issuing company further proposes to offer 96,604 common shares
of its outstanding stock of record June
30, 1959, for sub¬
scription at $6.25 per share on the basis of one. new share for each
to

holders

shares

then

held.

No

underwriting is involved.

Hallgarten & Co.

has

purchased warrants for an aggregate of 50,obo
stock.
Of the remaining 572,014 common shares,

borne

sales
in

of

will

mind,

the

first

shares»

preferred

option

issuable

are

stock

held

be

issued

or

may

by

from

and

at

shares

officer

an

time

of

time

to

time

any

2,400

offered for

be

of

the

quarter

second

and

is

it

quarter

have

expected

that

shares

cash

be
quite satisfactory,"
Hirsch said.
however, that the Texas chain was

This

"It
not

conversion

upon

issuable

are

into

the

operations

of

the

company

year. Therefore, the final three months of
reflect
the
substantial
increase
that
has

year.":—V.

189,

p.

the

until

October

current

been

sho]vn

of

year

will

for

the

a

(R.) Hoe & Co., Inc.

—

Sells Color-Matic Units

company,

6%

of

located

at

Aug. 31,
preferred

cumulative

1969», with
will have

holder'to

commton

a

(13,080

the

series JA

stock

purchase

company.
The 556,534 balance may
the acquisition of additional businesses

183, p.

105-15

180th
on

"B"

at

$12

Warrants

proposed
at

$10

basis

to

1858.

,.

will

30,000

stock purchase warrants.
and

one

one

share

"B"

of

N.

Y.,

par-convertible

filed

warrant

common

Each share of

attached,

(for

until

each

entitling
two

"A"

share, expiring June 30, 1961; and for each two
at $14 per share,
expiring June 30, 1961.
It is

the

preferred

stock

(with

warrants)

for

public

sale

The offering is to be made on an "all or none"
underwriting group headed by Standard Securities Cor¬
Irving Weis & Co. and four other firms.
The underwriters

an

receive $20,000 for

stock

purchase

statement

includes

owned

Standard

by

Jamaica,

25, 1959, covering 60,000

($10

share.

per

by

poration,
also

"A"

St.,

June

stock

per

held

offer

preferred

common
one

.purchase

—

This corporation last week reported sale of a 5-unit Hoe
press
to
Mississippi Publishers Corp., publishers of the Jackson (Miss.)
Clarion-Ledger and Daily News.
The
5-unit press consists of 5 Color-Matic untis with one double
former, double* delivery 3:2 folder, one pair upper formers. 5 paper
roll reels with automatic
tensions and fully automatic web splicing
mechanisms, 3 color cylinders, and Color-Matic color facilities.

of

the
in

sate.—V.

registration statement with the SEC

shares

the

2784.

under

of

portion

a

Industrial Plywood Co., Inc.—Registers With SEC—

Warrants)

the

June

A,

on

$10,
and
warrants for the pur¬

together with

'

1958. Hagan had total sales of $13,486,995

reported

This

last

series

.

$3,638,982

were

consolidated

SEC—

Y.,

The

Ilirsch & Co.—Sales Up Sharply—Earns. Rise

maintained

With

the prospectus, 80,000 common shares are to be of¬
payees of n on -assignable convertible notes
outstanding
amount of $500,000, for conversion of
such notes into

to

shares

•the

convertible
of

50,000

According

shares

8,822

shares

of

"6,420,000

13,080 shares

N.

covering

cumulative

two

current

-

"

Mr.

8%

share earnings would easily exceed the 68 cents
last year, takrng into account the firm's. 212-for-l

split ill February.
tne first six months of

net

is

volume

6,420,000

company,

a

2,111,000

150.

p.

■

He

2,111,000

to

stock

common

—

,

requirement—

Balance

1959—12 Mos.—1958

-1,921.824

deductions

div.

current

$46,699,234 $41,606,424 $96,894,898 $89,298,899
35,532,296
31,996,785
74,190,245
69,369,829

revenues

Opel*, exps.

Income

$1.43

outstanding end of

Co.—Earnings Increased—

Period End. May 31—

fered

*$36,378

sundry deduct.

78,926

189, p. 2458.

Operating

$3,441,937

1,921,954

profit

six

1,787,000

20,973

fixed

com.

month.—V.

chase

$1,750,934

1,676,396

—

♦Loss.—V.

the

504,862

:

per

806,793

47,124

Balance
Discts.

6,447,316
1,566,411

260,000
9,000

for

'■Estimated.

5'«

$1,674,472

loss

2,194,470

6,637,394
1,252.183
67,712

Independent Telephone Corp.—Registers

other

Income

10,076,388

3,468,837

688,000

avail,

This

$1,924

and

expense-

Operating
Other

1959—3 Mos.—1958

1—

sales

operating

10,281,402

391,288

deducs...

Net. income

below.—V. 188, p. 1717.

(Charles E.) Hires'Co. (& Subs.)—Earnings ImproveNet

2,119,692

,

-

filed

End. Mar. 31-

$

1,299,479

Fixed charges

Proposed Merger

—

$

1,536,000

charges

—V.

Lisbon Uranium Corp.

was

income

oper.

income

Inc.

naval

2351.

p.

Hidden
See

acquisition

cost

21,257,260 111,284,323 105,873,727
17,446,801
90,896,690
87,155,553

456,000

Miscellaneous

the

company's formation", Mr. Askin and Mr.
Martin del Campo announced, "it has acquired
already existing manu¬
facturing facilities in the del Tigre region".
The

for

"

Dr)

Other

pro¬

head of the Mexican participant. Resinera Uruapan,
of Mexico's largest naval stores producers.
in

Co.,

*1959—5 Mos.—1958

<ft
$

22,913,000

one

step

&

purposes.

*1959—Month.—1958

revenues

Mexican

strengthening its basic world position

Sudler

RR.—May Earnings—

oper.

through

.

Colo.,
seeking

making of the concentrates.
The
money
development and acquisition of the formulae

to

Corp.

C.

manufacturing

Railway tax accruals
Equipt. & jt. facil. rents

filed

covering

sale

1959,

29,

John

Railway

1959,

public

Denver,

June

stock, to be offered for
offering is to be made on a best

Railway

SEC—

June

on

offered

Building,
on

for

the

Period End. May 31—

company, Resinera del Tigre, S. de R.L. deC.V., is a col¬
laboration of Heyden Newport and Resinera Uruapan, S. A., according
to a statement by Simon Askin, the U. S. firm's President and Ramon

"As

oper-.

of

Illinois

(Italia)

new

is

the

SEC—

and

Manufacturing

del Campo.

to

In

seller of naval stores with the formation of a
new company
production of gum rosin in Mexico, it was announced on June

(RUSA)

Incidental

expenses

of

unde™ riiins.

No

par-

resort.

The

assets

company's

shares

formulae

con¬

equipment

24.

A.

the

follows"

as

Czubaty. It has outstanding 200stock, all held by Mr. Czubaty and six
other holders,
Including 150,000 held by Kobey &
Mitchell, of Denver. The 209000
shares were issued as consideration for
the transfer to the
corporation
of
the

ducer and

S-

to be offered

a*®*"*. »t

used
a

with

and $140,000 of debentures

of $50 each

Company

tEarns.

Martin

1958.

Wash.—Files With SEC—-

Inc.—Registers With

The

000

Africa.

Street,

SEC

be

Ileyden Newport Chemical

The

28,

a

shares of common.stock
denominations

nominal.

Fourth

with

added

be

corporation

Aug.

they will receive a commission of
$0,375 per share.
V 1
company was organized under Colorado
law on Feb. 26, 1959.
Initially, it intends to engage in the
preparation, and sak; of concen¬
trate bases for the
bottling of two cola beverages to be sold under
the trade names and brand
of I C Cola
Regular and I C Cola Lighter.
The proceeds
derived from
the
sale of
the shares
will be
used
to
further the corporate
purposes and In the preparation
of
the con¬
centrate
and
the
enfranchising of bottlers, the .1 local and national
promotion of advertising of its
beverages, and where necessary to
make loans to such bottlers for the
purchase of-glass for the
bottling
of the beverages.
The amount of $1,043,000 is
slated for advertising
advances, working capital and general
corporate purposes, and $160 000
for
fixed

an¬

working capital and used for general
purposes.
R. C. Steele, company President, and three other
together with .members of their families, own 123,354 of the
outstanding shares.—V. 184, p. 2370.

This

•513,083
£2,75

$S
paid

The

officials,

for the

145[000

Corp.,Wattle,

winch

^corporate

Naval Stores

766!ooe

„_!

to 2% stock dividend

salc at by Purvis &
$-.50 Per share.
basis

PfT

f
efforts

$670,877 of long-term debt.
The
company intends to apply a portion ($315,000) of the
proceeds of the
stock sale to the discharge of a portion of such
debt.
The balance of
the

1958

This

machinery,

conveyor

Hewitt-Robins

stock,

capital

standing 194,624 shares of stock

should

June 25.

income

on

company,
located
at
704
Equitable
a registration
statement with the SEC
registration of 600,000 shares of
common

systems

Change—

19.-,9

filed

underwriting group headed by F. S. Smithers & Co. The public
offering price and underwriting terms are to be supplied by amendment.
The company is engaged in the
design, development ancl manufacture
of honeycomb
cores, used principally for structural work,
It has out¬

data

Aircraft

taxes

°£ Junc 23 filed

? 111 5
?'

and

I C

prop¬

is

paper

ether

transmission

Products^Inc.—Registers With

company,

Lower

,

$
$

Ilexccl

Gulton

group,

integrated

•

share^—l:

per

.The proceeds
ation

2742.

p.

Co.—Earnings

30—

L ImXr' <$ ° PCr SharC"

a

p. 2784.

subsidiary,

England,

earnings

?

coatings

hydroxyethyl

veyor
belting, vibrating screens, power
industrial rubber products.
This is the company's sixth
foreign

—V.

April

^Adjusted 2507.
188, p. to give effect
Ilyak Skiing

Ilevvitt-Robins Inc.—Established Italian Unit—

Holland,

Ended

$75,000

some

"Natrosol

nonionic

a

59;948

236,338
$0.25

-V.

Additional Registra¬

issue,

new

wide

a

ceramics, inks, and latex emulsions

(P. N.)

Machine

Division—Plans Name
"See

-

250," is a water-soluble stabilizer and
thickener.
Extensive
development work suggests its
application in
water-based emulsion paints,
preparation of polyvinyl acetate emul¬
sions, textile warp and finish sizes, paper

Sales

American

B.

&

telemetered

addition

the

"With

from

Industries

II.

Net

out¬

-

introduction of

product,

.$1,037,204

67.416

236,338

the

suggest its use
this company.

new

Months

to be ofefred

announced

was

June 24 by Dr. Leslie K. Gulton. President.
According to Dr. Gulton,. formation of the Ortholog Division marks
the company's expansion
into statistical ancl data analysis, a new
and
sophisticated electronics field. The new division will
specialize
on

in

one-

Hercules Powder Co., Inc.—Introduces
New Chemical
erties

~
~~

_

2291.

p.

Provision for Federal

company
became ah investment company
during the last half of 1958 by virtue of the
acquisition of certain
stock interests.
Prior to that time its
primary interest had been in
the development of real "estate
acquisitions it had made.
Net pro¬
ceeds of the stock sale will be used
for general corporate
purposes,
which may include acquisition of
additional assets and reduction of
bank and mortgage debt.—V. 189,
p.
2891.

Period

motive,

Nine

with
the
SEC
on
June
24,
1959,
covering
22.820 shares of 5% convertible preference
stock, w$12 par, to'be offered
-•
•
1
'
1 1 "
for public sale at
par.
No underwriting is involved.

in

183,

Up

1958

$976,718

ac¬

purposes.

Heartland Development Corp.
tion Details—

Organized

1959

IIoov«r Ball & Bearing

properties. Net proceeds of this
general funds and working
capital of

According to the prospectus, Hancock owns all of the
standing shares of common stock, issued in
exchange for
of assets transferred
by him to the company.

corporate transport airplane, the Gulfstream.
the Federal Aviation Agency (FAA), has been

of a list of 40 companies who have placed orders
10-to-12-passenger prop-jet plane to take delivery.
The vii
company will put the Gulfstream into fleet service in September, fol¬
lowing its "fitting out" 011 the west coast where Pacific Airmotive Corp.,
and

—V.

,■

Jackson

-

share—

per

plant.

Corp.—Quarterly Earnings

:

outstanding-!-

property-

undivided

an

sales

they plan to

own

Ce * 5"Unifc prCSS' Jnstalle<* at

Bluff

the

used

and

company

1959

installed,

PU546

125 residential lots in the
Highland Park area
anticipated that the initial construction operations

is

commenced

financing will be

October

California,

third interest in fees in
will

In

capacity of 80 pages with
and Daily News
have an-

when th®

V188

Earnings

irresident, John W. Hancock, consisting principally of
cash,
receivables, and a small amount of construction
equipment, trucks
and -automobiles,
together with $25,000 borrowed from a limited
group
.

overall

acquired

its

persons

an

Clarion-Ledger

Net profit alter taxes and
minority interest
Common shares

wild

.construction
of
residential
It presently Iras no construc¬

commencing business with certain

have

The

Quarter Ended March 31—

law

business,

color.

Hoffman International

of

surrendered

new

the

number

in 1943

construction,

housing projects and shopping centers.

Sinclair is the first

for

will

■

in

delivered

^.

Engineering

—

corporation's

certified
made

Aircraft

nrhTth f,

offered

the

debentures

units will

press

of spot

i«
n°w Hoe equipment is
print their 16-page Sunday color
comic sectidns in their

common, at $8.50
best efforts basis
by

underwriters,

new

pages

Net

company

50,000

Group Securities, Inc.—Fund Reports Six-Month Gains
The

24

of

an

to

The

the

units

ancl

189, p. 2351.

shows

and

pajr,

to

cancellation,

The

to

and

made

firms,

complete market coverage for Hewitt-Robins
Com¬

The corporation

—V.

be

other

$2

common

corporation on June 19 announced the establishment of
wholly-owned subsidiary in Italy to provide better service

make such a payment.
will mail the shares representing this stock dividend
on
Aug. 27, 1959 to common stockholders of record July 23, 1959.
Fractional shares will not be issued.
Instead, Greyhound will make
a
cash payment at the rate of $21.67 a common share for the frac¬
"

to

three

share

l

stock,
proposed

the

This

Stock Dividend—

received

pay

is

offering
and

is
of

a

share

Offering Suspended

183,

dividend, it was an¬
nounced on June 22 by F. W. Ackerman, President.
At its May meeting, the directors indicated their
intention, subject
-

This
Kass

It

shares

lose, available in four viscosity types.—V. 189,

Corp.—Stock

Greyhound Corp.—To
The

if

quarter

consider

to

2784.

p.

Uranium

Cordillera

directors

preferred

stock.

50,000

selling commission of $1.30 per unit.
The remaining 50,000 shares of
common
stock are
to holders of outstanding 4% subordinated
debentures

be in a
first store

our

"Custorpary arrangements will be made for stockholders to sell their
fractional

unit.

per

Kenneth

The commercial

recent

payable

are

convertible
common

and

consisting of 4 shares of preferred and

outside Continental U. S."
which

par

will

these

shopping center in San Juan, Puerto Rico/which will be

cumulative

preferred

of

figures include those 'x>f the
Metropolitan" Stores, Ltd., and* of the

G%

shares of

quire

stockholders.

to

The

of

100,000

of

Green Co.—Reports Loss in First Quarter—

Consolidated sales and earnings of this company for the first quarter
of its fiscal year which started Feb. 1 are given in the
quarterly letter
mailed

shares

200,000

the

expenses,

warrants

30,000

Securities

at

and will be entitled to purchase

lc

warrants,
and

per
an

received

The registration
additional 11,250 warrants
by it as additional com-

warrant.

«

increase in primary aluminum production that
ha's made within- two month's as a. result of the. steady,
in market demand for aluminum":
' «
With reactivation of the Mead potline Kaiser Aluminum win be,op¬
erating at a new record high of 546,500 tons of ; its total annual
capacity of 009,500 tons of primary aluminum, an operating,level pt
approximately 90%/ Tl)« company will now be operating seven of the
eight potlines at the Mead Works. The reduction plants at Chalmette,
La.i and Raveitswood, W. Va., are operating at full capacity'.—V. 189,

^Tho^roduct^of

and its subsidiaries fall into four
plywood wall panels, plywood,
plastic
•ami nates and miscellaneous products.
Net proceeds of this financing
Vin be applied,
in part ($100,000), to the reduction of
„1"1
tmnk loans; $50,000 to liquidate long term debt; and the balance foi
additional gmrking capital, to be used principally to carry inventories
«nd accounts receivable.—V, 188, p. 1519.
}
the

company

classifications—prefinishbd

.

head

can

Mr.

conditions,

International Oil & Metals
•a

«n

district of

Big-Indian

the

nounced

15.

June

on

Executive

Each

up

Holt, President, an¬

'
producing uranium ore at
,.

.

*

.

•

,

,,

,

.

the rate oi
•75,000 a month, or at an annual rate of $900,000, and on an aiVP
f/asis is netting about ten cents a share on the company s 4,000,000
«hares outstanding.
He said the Company produced uranium on; oi
«t cross
value of $250,000 in the first five months, this year.
Total
■output last year amounted to $300,000.—"V. 180, p. 1504.
the company is now

said

He

Accident Insurance Co. — Registers
With Securities and Exchange Commission—
This company, located at 540 McCallie Avenue, Chattanooga, Tcnn.,
•tied a registration statement with the SEC on June 26, 1959, covering
350 060 outstanding shares of common stock, to be offered for public
«ale bv the present holders thereof through an underwriting group
•leaded by Equitable Securities Corp.
The public offering price and
•mderwriting terms are to be supplied by amendment.
Interstate Life has outstanding 2,984,207 common shares.
The pro¬
spectus
selling stockholders; whose holdings aggregate 904,1,5
chares. -The largest blocks are held by H. Cloy Evans Johnson, Piem«5ert
219 577 shares; Joseph \V. Johnson, Jr., Vice-President, 201,.*86;
«nd David P. £>.. -Johnson, Vice-President, 225,3'03... Each proposes to
jpell 63 497 shares;hThe Evans-,Pounda,t^v>rI?lc.» proposes to sell 84,5.0.)
«.f
it« holdings
of 128,952 shares; and three trusts propose
to sell
25,000 shares each of their holdings of 42,984 shares eachJ-V. 189,
Interstate Life &

formerly

above

Chemical

&

server

Corp.'

Vice-President' and

as

General

;<

"

l<|r,q

expenses

and

SEC

(net)

-

Twelve Months Ended May

Operating
Operating
.

revenues
expenses

$10,047,264

:

.1,937,561

$5,921,599

$8,109,703

stock

■Other

i n come

Gross

$5,969,564

Net

$1,758,061

•"

deductions

Income

——--

—

stock----'—-

—

preferred stock dividends—:
common stock outstanding--. — - -

Balance after

of

Shares

Darnings

per

—V. 188,

p.

share-———

common

tradin"

in

Detroit

Stock

the

further 10-day

517;585

$3,484*,519
(2,997,356

issued

competitive

at

'

qualified

At

25,908,270

221,815

28,533"?;

K-

-

cf

2891.

'

807,506

**•

1,682,868

:

It

Jet-IIeet, Inc.—Seeks

437,861

$2,083,921

$1,862,949

$5,644,423

;

Exemption Order—

$0.87

$2.63

$2.40

1,050,880

com.

'■

of

sales

^

Co.—Merger Approved—
a"t

a

* c

Kennedy

reorganization of Jet-Heet; and the Commission lias issued an order
interested persons until July 7, 1959, to request a hearing
•hereon.
"
:
V
Jet-Heet is an engineering add licensing company providing dcvel■orment
services
for
manufacturers seeking
new
products, largely
In the field ol heat transfer apd thermomechanisms. 'As of Dec. 31v

the

giving

1958,
ctock,

its outstanding securities consisted of 46,887 shares of common
10c par value, $20,000 of G't
demand notes, and $312,500 ol
due 1962-1967. • Of these securities, American Research held
that date 18,521 shares of f; the .common stock, $10,000 of the

a

demand notes, and $204,700 of the 5b. notes.
Jet-Heet proposes
plan of reorganization under»-which its capital stock will he in¬
creased, from 100,000 shares of 00111111911 stock
to 500,000 shares of
cuch sioCk.
Upon the consent, in writing of the holders of at least

designs

formed

in

manufacture

held
of

by

I.

Cc.bcntu.res

the

,

electrical

of

receive $4 principal amount of such
common stock.
Jet-Heet further pro¬

shares

ol

The'

Chairman

W.

Bert

The new' notbs aiid stock will be divided equally
Research and a director of Jet-Heet, who own
•fie demand notes presently! outstanding.
The application stute.s that
•he plan is proposed as, a means by. which Jet-Heet will improve its
fiiiancial position and be able to attract new captial.—V. 175, p, 2178.

corporate planning of Hunt Foods and

demand notes.
American

of

.given

with the SEC 011 June 26,
covering 28,902 shares of common stock, to be offered pursuant
plan for sale of common stock to employees of Jewel Tea Co.
Inc. and its subsidiary corporations.—V, 189, p. 2676.
V
its

Johns-Manville Corp.—New Plant in Production—
The

June .30 officially put

into production at Klamath
plant which for the first time
major commercial basis.
Under a
long-term- contract with' the government, Johns-Manville
•will take about 50,000 cords of. lodgepole pine each year from the
company

Falls,

on

a
multi-million dollar
native lodgepole pine 011 a

Ore.,

using

Located

buildings
p.

and
on

with

Rogue
a

River

290-acre

a'total

national forests.
the plant consists

tract,

of "285,000 square feet

Engineering

of floor

six

groups

space.—V

This

tional

corporation •announced or.. June 23 that

\ ;

In

in

of

the

steel

and

eight

Austria.

six

last

*

tons.




the

operations ' will

be

•

•

.

—

that

earnings .per share for the
24%
gieater !than those
quarterly
dividends
were
declared

1959,

Regular

were

dividend

the

on

common

stock,

there

also

was

on

based

the

on

number

average

of

690,405

shares

the

for

in

prior

ordcTs

•*

-

year,

totals

Stein,-

96

The

.

present

$11,049,000

/

mark-id
Increase "Jiad
during the second half 'of

orders

new

oi

compared -with

thitv/a

stated

and

indicated that the

He

that

increase

an

•

President,

both shipments

year.

or

$11,142,000
-

•

declaration

1%

the

01

year-end

this recent trend, and rm'lectcd management's
would be projected into foe new fiscal year.

trend

this

/

V

•/

-

equipment

includes

reach

to

fivb

'.fi^lSSffes

safety
the machines prior
unsafe"

an

of-research,.

years

new/equipment -provides

for

alarming

to

the

concentration.
»'»

time

Kodak

-v/di// ';

and
that

auto¬
vapors

awarded

the

."•» 5/P/,

faster-acting

safety
features
than
Kodak's continuing interest
2352.

p.

-

..

Buys Site

—

—

The

company: on June_i5 announced that it will exercise options it
holds to purchase 874 acres' of lan J approximately 10 miles south

now

near Labirop.
, **;
:/>.
■
6/.
Officials of the company'emphasized that it is" not intended do build
/ .glass factory there in the near future.;
;
' ■ '
,
r k
"This property has been acquired in accordance with a. long-range

-'..

,

plqnning program," declared George P. Mac-Nichgl. Jr.. President. "Our
manugemmR, has purchased this site - to have land available should a

V

•

flat glass plant in that area become desirable."
Thj California property, niade up of 10 or more

•-

farms,

was

*,

<

assembled

provide

Industries-,' Inc-

eeSk

Colombian

company

Construction

of

the San

to

Joaquin River for water supply
139, p. 2243./>---

and

also for discharge

'plant wasteWatdr:—V.

'

*

Contract—

Corp,?

a

pany's

E.

who
Beck

Mr.
of

the

Beck

is

Vice-President

has

Jjilly

has

been

outside

named

is

President

responsible

the

United

of

as

Lilly

1958.j

member

a

committee

Eli

of

Eli Lilly International
all_of the parent com¬
succeeds Harry Mal-

for

States.

He

'

continue

of

&

the

Co.

of

.*

the

board

of

directors

-

and

parent company. He has been a
in charge of industrial relations

,

International

installations

Mexico.

-

retiring.

will

executive

since. March,
Eli

V

subsidiaryr which

operations

linson.

"

:

Lilly & Co.—New President of Unit Elected—

Burton

has awarded a. contract to Kop¬
Division in connection with its

months,

Koppers

foreign
received

been

has receiv.ed

in

Mexico

for

work

Engineering 'and
construction
Argentina and Colombia.

countries.

Italy, Brazil.

make

to

contracts

engineering surveys have been
and Ecuador.—V. 189, p^ 2785.

received

in^Turkey,

Corp.

Buys

Then

Leases

Four

Electronic

Machines—

^

it will put 22,000 addi¬

office in

/ of Stockton, Calif.,

•

different
have

Contracts

189

cf primary aluminum capacity in operation by June 28
by-reactivating another pptline at its'Mead. W*ash>, 'reduction- plant
,

•

in

Australia,

Corp. sells
products in 120 countries and
Canada,
England. Brazil,
Argentina, Colombia,

and

India.—V.

189,

p.

1929.

,

Corp.—Reactivates Pot-

.

initial

possible heretofore and is part of
significant safety developments.—V. * 189,

in

Koppers Division has received a contract ;to'<furnish, engineer¬
procurement, inspection, expediting and construction management
...services lor additional steel-making facilities at*the plant of, Acerias
Paz del Rio.
S. A: at' Belenciito. Colombia.
More -' specifically, Koppers
will
have
charge of extensive alterations to
the- steel firm's- cokeoven
and by-product plant;
additions to permit"production of sheet
steel; and additions to the skelp-making-equipments.--»\, ■
The work
is expected to be completed eariyj. in; 1962.-/-.
'•
/•'

Kratter

line—

.

}"."?> ?>,•-'/'
Nevada

Shipments & Earnings Up

—

were

2352-"
Kaiser Aluminum & Chemical

that

^

The

contracts

of

.

dividend.

record

open

tend

The

ing.

,

Fremont

Inc.—Gets

American

South

1

vaV working

purposes.

'Neg: and its principal

reported

May 31,

year.....

stock,

contract'after

..v

expansion program.

JX 59,

In

The

might

-

Co.,

Koppers
A

pers

funds

*

Wilshire

22

June

stock

of

Melville

(Eli)

Tea Co. Inc.—Registers With SEC—

'
/-:«- ,.,/

engage

contemplated

ended

directors

of

general

Industri

and

Foods

reason

number

This company filed a registration statement

to

to

matically, shutting down

by management/in requesting .an increase in the
was
to provide for.'representation' on the board
substantial shareholders hot presently represented.—V. lay, p. 2247;

The

tictween

of

Hunt

of

at

and

;./.? /

.:

.

promotion

Long & Levit;

law

Jewel

•

'

ha$k^jbevn ^elee|ed;;to, t/.e board
"
'
a4' " ' A '
*

*

~

the

member

senior

Levit,

firm

"

to issue a total of $20,000 of new Five-Year 6b
Notes, and 46,C38 shares of common stock, in exchange for its presently outstanding
poses

€%

.

,

Foul' New Directors—

additional members

following

F
the

offered

'//./'/'/>'//•''
for

corporate

Receives.Eastman Contract—

%

Norton Simon,

be

This company lias received a contract for an undisclosed amoiuit
ffom;-. Egstmah Kodak Co., . Rochester, N. Y., covering infrared equipni<'ni for measuring solvent vuporsLirom fttm toM coating machines,
enlioimc'ed on June 19.'.

is, engaged exclusively in
transmission towers'..iahd

;•

Knox Glass, Inc.

to

,

Gl-3

cash

the

ago.

confidence

microwave

811.

p.

ten-year 5% subordinated income debentures and
.stock.
For each $25 in principal a mount , of notes

noteholders will
18.75

and

and

/,
with

notification

stock

common

company's

general

stock dividend reiroguized

Khnberly, President, on June 15 announced preliminary, sales

him,

common

currendercd,

constructs- large

and

1953

class A

Files With

—

—J
of

Southern

I'/

of

year

the fiscal

year ended April-30/1959 of $368,318.000
compared with $345,845,110 in the previous year. .Estimated
earnings on
common stock
were
$26,271,000-._o,rp..$3.pl. „a%shares,In
the preceding year, earnings were $25,512,012 or ^2.92; a share.—-V. 189,

amount of the 5%
notes, Jet-Heet, will issue to
Cc.cli consenting noteholder, in return for the surrender of /all of the
cotes

was

principal

in

2138'

p.

for tlle~ fiscal year ended May'3T, 1959
to '$35,962,000
compared with $15,262,000 for the previous
representing an increase of 2%.
New orders received during the
just closed totaled
$36,055,090
compared
with new orders of

occurred
cor¬

Kimberly-Clark Corp.—Sales and Earnings Up—
John R.

«,

chares

and

design

189,

Consolidated,net- shipments

oacklog

(%this corporation for the fiscal

,

€%

17%

•'

operating, divisigrt and Its stockholders receive

Kennedy

1945.

Ancdror

letter

a

Libbcy-Owens-Ford Glass Co.

notes
of

to
a

$33,103,000

switchyard structures for electrical utility companies. / »
Kennedy plants are situated in Cohassetfand Hiiigham,- Mass'. Anchor
plants are at Hurst, Tex.; Fort MadisoiE '.Iowa^ and \Anniston. Ala.
Satellite-Kennedy, Inc., is in Monterey, (Calif.—V. 189, p/ 2458.

,.

%cJc

in*

Formed

V.

to 21'4 cents per share on the class A and class B 5%
stocks and 15 cents per share 011 the common-.stock.'
In

common

year

net income $151,306.

$6,864,708:

at

company ,011

year,

told

antennae.

■

totaled $868,191 208

amounted

special meeting- June_29, approved

competitive

were

1959.

outstanding during the year. Net earnings for the previous year were
$1,112,127, equivalent to $1.35 per share based on the average number
of 676,556 shares then outstanding
•*.>•'*;•
v
-

•

*

of

4

All dividends are- payable
July 25 to
July 10. 1959.
The consolidated net earnings of the comimny rrid its
wholly owned
Canadian subsidiary were $1,353,176 for the fiscal year. After
providing
for dividends on preferred stocks, the earnings
equal $1.68 per share

$5.1*61,702

$0.97

3

its

presently

the

stockholders

$6,212,582

437,861

filed,

added, to

proposes

year which
the
previous

.

American Research & Development Corp., Boston
investment company, has applied to the SEC lor an exemption order
tinder the Investment Company Act of 1940 with respect to a proposed
affiliate

is

to

Addition

2,040,865

$6,695,304
1,050,881

-

This

California

preferred

,llvl.

f>.

13,

Philadelphia, Pa.

16

Building, Carson City,

company

for

-

$8,253,447

$8,378,172

Kennedy share for each 3t?a/Anchcif shares."***—-« > «.r—
the meeting, D." S. Kennedy, who will,be .Chairman,of the

more

a

net
{

closed.
for

fiscal

$8,031,632

stockholders thai/the mcuger places ^tlie company in
position for national commercial distribution. It
will
provide greater financial
strength, stability and flexibility : of
operations, he stated.
"
:
^ vMr. Kennedy said that for the fiscal year
ended March 31. 1959
the company, exclusive of Anchor, had total .sales-of $13,873,000 and
to
a
net
loss of $7,482.
The - loss, he said, was- due primarily to the
the
■nenses
stretchout ol' a major government contract ami starting-iip, expenses
s
lor Satellite-Kennedy, a West Coast subsidiary.;
In the previous ve ' il*

sale of the bonds will be used lor the com¬
pany's 1959 constrnttion program, for the reimbursement of its treas¬
ury
for such expenditure!?, and for other corporate purposes.
ConCoruction. expenditures in 1959 are estimated at $1C,1'«8.000.
V. 189,
the

ended June

Leeds & Nortlirup Co.

24,391,978

$8,349.63!)

$2,300,810

of this company

a

as

weeks

over

portion of the State ol* California and more
the Counties of Los Angeles and Ora:i"e.
v
189
2567.■ y ■
•'
'

p

proposal to merge with Anchor Metals, ; Inc. of Hurst, Tex. Anchor
previously have given their approval.
■ ,
•
\
surviving corporation, under the D. S. Kennedy name, is ex¬
pected to have sales of about $20,000,000 a year, ,it was stated. Anchor
one

15% •

or

Specifically wituin

The

continues

the-first-24

year.

BouBvard
; Santa' Mohicd, Calif.
in the business of purchasing and
selling on the best terms available, unimproved large tracts of real
property within or near growth potential areas of existing communi¬

stockholders

issue

last

to:teausact. business within the Stat*? of California and
principal ofiice in the State of Nevada at the ' Virginia

Truekee

State

a

bunds

period

same

for

$1,526,214.

company

maintains its
and

•

poration,

CUNctUm*oceeds89of

662,973

(D. S.) Kennedy &

Light Co.—^Bond Sale Cleared

order* authorizing this company to
bidding $8,000,000 of first mortgage

Rise—*/

income

ol

.1959—12 Mos —1958

p.

74,560

—

for

Stockholders

cards

company, was incorporated in /ho State of
1959 and
not a^yef. engaged, in business.
The

April 13

has

$3.00

-

$3,108,316

$2,521,782

Stock
Earng. per coin, share-V. 189, p. 1574.

$1.10

an

1,174

.

avail,

Bal.

IBM

BUSINESS-The

The

(net)--

dividends

Pfd.

2,997,350
$1.23

$3,033,756

$3,184,755

deducs.

actually

which

using

$34,257,915 $32,423,610

9,887,459

$3,183,581

books

"declared

common stock of F. L. Jacobs Co, on the New York and
Exchanges and in the Over-the-Counter Market'for a
-period, July 1 to July 10, 19o9, inclusive.
V. 189, p. 2891.

lias

SEC

sell

517,585

$3,093,918

,

10,625,G41

income

Net

June 29

Jersey Central Power &
Tire

$4,002,104

Co.—Stock Further Suspended by SEC
announced the issuance of an order suspending

(F» L.) Jacobs

1959—5 Mos.—1958

$13,809,222 $12,921,215

June

on

available

amounting

49.

The SEC on

■e.nd

$4,211,503

the first 24 weeks

the

ties..

income

Gross

increase

the

for

PROCEEDS—To ,be

Electric Co.—Earnings Higher—*

&

oper. revenues ._
income- (net)_~—1

Income

income----...-—

Dividends on preferred

$5,546,678
$1,544,574

Net

Other
•„..

—

55,234

-

■

.

and

$8,075,933

$3.01

,

$5,491,444

47,965

and taxes_^

reported net

an

Voz Publishing Co.,

.capital

1,942,895

.

—

Operating
revenuesOper. exps. <fe taxes

29,340,423

.

Land

1,458,843
$10,018,828

pfd. stock,.

qn

Period End. May 31

31,664,957

an

be-well
■*' '

Equities, Inc. — Common Stock Offered—Ross.
Lyon & Co., Inc., of New York City/ on June 24
ppblicly
offered 200,000 shares, of class A common stocks
(par one
cent) at $1 per share. This offering was oversubscribed

2757.

Kansas Gas

$37,586,556 $34,831,867

exis-mhe

.

1958

1959

31—;

earnings——---•
income (iiet),_.

Net

V

—

$10,427,217

for

liniiied

Earnings Higher

"Iowa Public Service Co.

for

to

'./.'

•

cards

without underwriting.
/
The proceeds are to be used for expenses
publication of the newspaper "La Voz".

47,884,678

2,378,529
__-_2

--J

—

Earnings per share of common
p.

reported

■

,

$12,425,793 $11,477,671
—.—_—

,

requirements

186,

in

j

credit

on

par,

$12,354,926 $11,3793148
—.L'i.
.* 70.8G7
98,423

-

Balance

June 26

011

covering 2,000 shares of

The

—V.

maehin

-characters

/:•

corporation

i qcn

•

49,204,441

taxes.

income

deductions

Dividend

dnl'

is''the

raised

Securities and Exchange Commission

$G1,559;307 $59,263,926

—..I...-;

income

Net

was

*

$11,953,431,

of

La

■■•..*■

revenues

income

Gross

Inc.,

---,

Databossers

topping those for the first six periods of 1958 by 6/

on

Income

California/Western

,

12 Month Ended May 31--r-

income

of

Sales

Kaiser,

Operating

of

Machines,

Earnings were equivalent to i.M»c per sales dollar.
Net income is
after provision for Federal income taxes of
$12,949,551,
Net income
was
equal to 97 cents per share of common stock, as compared to '
85c per share earned in the like week of

Kansas City Power & Light Co—Earnings Up—

\

610.

f).

Alumipiim

Kaiser

i

Other

four

;

company

1959

income

'

Operating
Operating

Co.

Kroger Co.—Sales and Earnings
The
of

of each organization.
;
*
L
formerly Vice-President of Aluminum, Steel and
Cement, and President Of Willys Motors, becomes Chairman
of - the
Board
of
each
organization.
'./•: 7 %/.■.;:/■
■ "/..
./ E.
E.
Trefethen, Jr., formerly Executive Vice-President of «each
company, assumes the new position of Vice-Chairman of the Board
of each of the four organizations.
>v •.V;h •'/'•/"
Messrs. Kaiser., Sr., Edgar Kaisbr, Trefethen, Jr., and Henry Kaiser,
Jr., will. continue
as
Chairman of the Board,* President, ExecutiveVice-President, and Vice-President, respectively, oi the parent firm,;
Kaiser Industries Corp. They also will continue-holding these respective
positions with other major Kaiser companies—V. 183,
p.-;-1^3.

expanded the ore body on its property

the

input.

as

of

F.

tire

for

Databosser

embosses

J.

Edgar

Oil

Mar.vin Kratter, Chairman of tho Bpar^, stated: -.This .-transaction
only evidences diversification"frohl real esti.ei investment but
brings Hie. lease-back technique out of the area of private deals to one
affecting the stockholder,'}, cf a publicly owned corporation;"--*'
/ *•

Personnel

Founder-Chairman

of

Standard

not

their respective organizations.
V/////^;'
Kaiser, Si*., forme Hy°<ehairman of the Board and Presi¬
dent
of
Kaiser
Aluminum,
Kaiser Steel,
and
Permanente
Cement,
and Chairman of the Board of Willys Motors, assumes the new position

Corp.—Steps Up Operations
its uranium mining operations as

Utah, Gordon C.

the

of

Henry

the

Sr., on June 22 announced important

Officer,

Manager

to

them

price paid
$300,000.:.

above

changes in the
top management structure of four of the principal* companies in the
Kaiser industrial
group
he founded.
Mr. Kaiser, Chairman of the
Board of Kaiser Iiflustries Corporation, the parent organization, said/
the boards of directors of .the companies have elected: "
•
/.•/.■'•
J. L. Ashby,
President and Chief Executive Officer of Kaiser Steel
Corp.; S...A. Girard .President and Chief Executive Officer,
Willys
Motors, Inc.; W.
A. Marsh, President and Chief Executive Officef,
Pernlanente
Cement
Co.; and D.
A. Rhoades/ President;, and Chief-

151 combine, the four-row
yields with ease under the
Keeler pointed out.—V. 189, p. 2076,

This, corporation is ste!>ping
result of having substantially

7

Kaiset,

Ilenry J.

with the McCormick No.
pick and shell the heaviest

combination

In

Roughest

The

.

The

Kaiser Industries Corp.—Changes in

leased

had

Inc.,
and/or Dashew Business
aggregate term of eight-years
"*.

2507.

p.

.

Monday, July 6, 1959

.

City, Calif., four high-speed Electronic Credit Card Machines

and

—

Co..—Develops New ProductTills company will release, on a limited preproduction basis, a new
"•rig-capacity four-row corn hea'd for use on its McCormick No. 151
^combine, which will enable one man to do the work of two; Maik V.
4Keeler, Vice-President, Farm Equipment Group, announced on June 2o.
Developed
hi
the interest of the
farmer to effect considerable
cavities in cost and time in harvesting corn crops, this new
coin
tiead
aMirst in the farm equipment industry, Js. a mechanical device
that'adapts a' combine for the picking and shelling of corn. It Snaps
•our
rows
of corn at one time carrying the ears to the threshing
cylinder of the combine where the kernels are shelled from the cobs.

.

Operation's,

International Harvester

«orn

of Culver

fourth

the

the corporation

continuing gains

101,925 c-omnion

the

is

This

underwriting in connection with a previous offering.
shares issuable upon the exercise of all the

jnensatlon as an
«ind

ChroniclS-.

The Commercial and Financial

(52)

In
.

a

mere

to

pf

diversification

(a

publicly

June

25

implement further ito lo.ig range .investment^policy
via net lease-back arrangements, this corporation

owned

that

it

company

trading

has purchased from

over

the

Dashew

counter». announced

Business

on

MacifinFs, -Jnfc.,

Ling-Altec Electronics, Inc.
.This

corporation

$2,500,000

for

on
June 23
high-power sonar

total

—

Backlog Up Sharply

reported

'new

orders

in

excess

—

of

equipment, bringing the company's
to $16,400,000. A year ago the'company had

backlog >f business
a
backlog of SG,900.000.
1
t
In making the announcement, CamSron G.
Pier.:e. President, stated
that a portion of the orders ar* for the development of miniaLurized
sonar irstailations which
ultimately may become part of the standard
gear of submarines, surface ships and aircraft where space limitations
are
a
problem,
l ing-Altec., Mr. Pierce said, has reduced the size of the sona** units
to

"approximately

that' c>f

a

six-inch

cube.

.

Formerly each*E'of

these

Volume 190

Number 5861

.

.

The Commercial and

.

Financial Chronicle

(53)
units

occupied

approximately 20 cubic feet,

the

or

volume

of-

large

a

the Bangor & Aroostook will be
maintained, Mr. Robertson said,
that "the bus service can be
expanded as needed."

fjjjng cabinet.
The nev: orders, which came from the, U. S.
Navy, Raytheon. Manu¬
Co. and other prime contractors, are an outgrowth of re¬
search ancl development contracts undertaken
by the company for the
U. S. Navy
The present contracts. Mr. Pierce added, are 'for

Mr.

equipment, and substantial production contracts
p.,tog,

prototype
indicated,—V, 189,

are

Miller

also

said

the

Maine

Central

will

continue

to

adding

"Gull"

car

.

■*••"■'/•;

operate

with

from

passengers

Boston

for

Saint John

will

transfer

from

coaches

to* sleeping cars

at Portland, and from sleeping'cars to coaches for
in the opposite direction.
added that the Bangor <fc Aroostook
sleeping car will
be operated between Van
Buren and Portland on its southbound
trips,
and between
Boston
and
Van
Buren on
northbound trips,
in
the
period July 12 to Sept. 12.
The operation will be made
possible, lie
said, by the Van Buren sleeper northbound
trips on a train other than
the Gull, on which the Boston
& Maine will continue to. use conven¬
tional equipment
during the summer. The southbound sleeping car trip
will have a connection at Portland with
coach service for Boston.'—
V. 189, p. 2786.

j

Boston

Uranium

Lisbon
The

directors

.

Corp.—Dividend—Merger—

have

declared

dividend

a

of

42c

share

per

Mr.

■*
the

on

stock, payable June 29 to stockholders of record on June 26.
in effect, a cash payment
preliminary) to an
exchange of stock in the proposed merger to which Lisbon is a
party,"
A. P. Kibbe, President, stated* Lisbon is one of four
companies slated to
common

dividend- is,

"The

bo

info The Hidden Splendor Mining Co., 100%
Atlas Corp., to form the country's largest

merged

sidiary

of

sub¬

owned

independent

uranium company.
In

merger
Lisbon stockholders will exchange the company's
stock for
the 6^, $il par value, preferred
stock of the
Hidden Splendor Mining Co. Each, share of Lisbon will receive
in par value of
the new preferred, less
the
amount
of
the

,,

$3.50

dividend

declared

said,

Kibbe

Mr.

stock

Lisbon

preferred.
basis

June

The

21, according to Mr. Kibbe.
deducting the 42c dividend,

after

will

receive

merged

$3.08

in

value

par

is

company

of

Tiie
to

expected

this

On

Hue

on

soon as the merger is completed,
according to Mr. Kibbe.
hearings on the merger have been completed and the merger
propo.^al will bo- submitted to the company's shareholders later this
as

SEC

total of 5,660,230* Lisbon
Atlas corp., owns,

A

This

is

the

first

dividend

since

Lisbon

was

Offering of cozcm/m stock at 20c per

an-

Yi*

organized

share.—v.

in

188,

1954,

'

• "1

W.'

•

':;'Y.

would

stated.

operate

1

existing airports.-—V.

189,

to the expiration

to

*

Richardson,
"As

raise

Board

It. is

2568.

p.

self-timing device containing

the

ration

missile.

Aircraft

the

Corp.,
overall

provide

the

Missile

to

device

is

as

Division

of

Ma gnu son

-

stock,

common

to

be

the

founded

in

1937

by

Frank
acquired

Recently,

N.

company
President,
subsidiaries
and
certain
other

facilities
are

.

at

shares,! $443,071 is to

The

balance

bo

added

to

the company's

the

those

Plans

Cease

to

company's

of

current

roads

such

substitute fast

scheduled

of

enable

the

rail¬

Van Buren and intermediate points, carrying mail and
less-than-carload freight; and piggyback freight in
highway
trailers.
"Preliminary discussions"
their * statement
read,
"indicate/
we will have
the cooperation of the Boston & Maine in
extending the
less-than-carload fast service, and the
piggyback service to other

for

Aroostook

carried
In

on

their

added ".

intend

to

.

seek

retain

mail

and

express

service,

being

now

trains."

passenger

announcement

&

Maine

elimination

of

the

two

railroad

presidents

follows

said

decision

of

"The

yearly

deficit in

passenger

on

the

Maine

$750,000

on

the

Bangor

Maine

Central

service

trips

each

Railroad

&

computed
is

according

$2,000,000

between

beyond

to

and

ICC

nearly

Portland

Bangor

and

Bangor.

passenger

One

of

these

Vanceboro, where it connects
with the Canadian Pacific,
providing through service to and from Saint
John, N. B.
Lewis ton,

The

Maine

Augusta,

Central passenger trains also
Waterville and other intermediate

presently-operated

confined

serve

to

one

round

trip,

operated between

rail

Brunswick,

stations

the

on

operate service

passenger

Bangor &

Van

service

Mr.

under

the

Bergen said.
will

effort

be

all

of

the

Titan

announced

May

that

the underwriter
shares

sold

was^ organized

at

of

2677.,

p.

the

intitial

31.

This

compared with
same
quarter
$18,176,474 for

to

Boston,

between

Saint

John

and

Boston.




Present

highway

bus

service,

on

stock

now

the

each

the

at

underwriter.

stock,

rate

Each

each

Net

York

New

unit

proceeds

of

arc

It is expected that
certificates for tho additional number of shares
will be mailed to stockholders on or
about July 10.-—V. 189. p. 2677.

McGrcgor-Donigcr Inc.
This

corporation

it was announced

is

on

The

■

exclusively to production for
growing rapidly in recent

'

-.

20,000

the

law

October

in

and

.

wilt be

division

wear

which

...

devoted

has-been

years.

The contract just signed with the officials of tho
under the BAWI (Balance Agriculture with

City ipf-Charleston
Industry) program.

provides

for remodeling of an existing onc-story modern structure
to meet tho needs of
McGrcgor-Doniger who is. leasing the building
for 25 years
with renewal options.
The building will be fully air
conditioned and will be equipped with electric conveyors and modern

to assure the mo.st efficient operation.
When in full pro¬
duction next Fall, the plant will
employ about 200 workers.
Tho new plant adds to the group which
McGregor-Donlger has ac¬

machinery

quired

in

the

South

in

recent

years. " Others

Corinth, Walnut and Winona, Miss.
tralized in Corinth.—V. 188, p. 247.

plants

Supervision

are
located In
the group is cen¬

of

Michigan Bell Telephone Co.—Earnings—
Period End. Apr. 30—

•
1959—Month—1958 •'z"'195f>—4'Mos.—1958
$24,285,684 $22^425,793 $95,271,734 $89,738,692
16,298,5)73
15,848,237
63,023,281
63,172,650
taxes*.
2,913,025
2,301,555
11,7(33,483 ' 9,192,457
operating taxes.
'1,74C,892
'1,562,059
7,147,778
6,374,627

Operating
Operating
Federal

revenues

expenses—.

income

operating income
charges

$3,326,794

after

Net

189, p.

$2,713,942 $13,337,193 $10,998,958
2,301,641
11,356,320
9,249,722

2,836,724

2244.

Microwave

Associates,

Details— Mention

Inc.

completed

was

of

the

stock

Additional

—

made in

was

Financing

June 29 issue of the

our

public offering on June 24 of 100,000 shares of common
stock (par$l) at $22 per share by
ap underwriting group
headed by Lehman fcjthers and associates. This
offering
oversubscribed

was

and

the

books

closed.

Additional

financing details follow:
UNDERWRITERS—The
and
are

the number of
as

and

names

shares

of

addresses
stock

common

to

the

of

be

underwriters

purchased

by them

follows;
Shares

Lehman

Brothers

Stearns

Bear,

Burn ham

Hayden,

Co.z—6,500

Co.

&

Shares

20,500

&

Lazard

5,000

.....

Carl

Stone

Paine,

Goldman, Sachs & Cc._—9.500

Co—„.

Freres

M.

Clark, Dodge & Co.
6,500
I'. Ebcrstadt & Co—«_
6,500
Emanuel, Deeljen & Co.... }5,000

Shields

&

Loeb,

6,500

__

Co—

9,500

Rhoades

&

Jackson

&

Co.

6,500

Webber,

Curtis
H.

G.

6,500

.....

&

Co...

Walker

6,500

&

Co

5,000

Awarded Contracts—
The

corporation on June 18
totalling over $366,000.

One

announced

contract

tracts

awarded

for

$52,797

Griffiss Air

at

was

Force* Base,

Y.,

N.

the

award

of

several

con¬

by the Rome Air Development
as

part

of

a

program

spon¬

by the Air Research and Development Command.
It is for
study and
investigation
of
design
factors
in
high-power
gaseous
discharge switches. Duplexers or switching tubes, are used in micro¬
wave
radar
and
communication
systems to allow one antenna to
transmit

both

Another

and

receive.

research

by the U. S.

Army

development

of

a

and development contract for $64,500 wa-» awarded
Signal Supply Agency, Fort Monmouth, N. J., for
high-power, (C-band) Beacon Magnetron.

The third contract was
Air

Force

and

is

froiq the Dayton Air Force Depot" at Gentile
Ohio.

Base,

Dayton,
$249,300.

for

It

for

is

microwave

switching

tubes

corporation on Juno 18 also announced the award of two re¬
search and development contracts from the Navy Department, Bureau
of Ships. The contracts, totaling $151,000 are for studies in the field
of

solid-state

microwave

in

sale

techniques.—V.

Middle South Utilities, Inc.
Period End. May 31—
revenues—

May 1958,
installation

will

per

—-V.

p.

promotion, production test equipment, researcli and dcvelopdemonstrators for special systems, receivables, inventories,

189,

$

11.615.645

3,280,493

3,288,476

7,857,563

7,918,203

11,587

10,502

28,289

27,230

76,134,917

oper.
revs;..
Consolidated net income

shares

-1958

11,574,626

Total

Earnings

$

56.351,578 159,985.353

71,266,201

—_

Coin,

1959—12 Mos.

$

61,268,211

—

Other

used

2892.

*

gas

Transit !

gone

be

p.

1959- -5 Mos.- -1958

.

——

Natural

189,

(& Subs.)—Earnings-

$

Operating

1957

7,569,683

3,050,000

.outstandg.
share—
2677.

149,289,733
19,924,394
20,121,630

187,795,599 177,356,796
7,353,195
21,246,503
20,681,284
8,050,000
3,050,000
8,050,000

$0.94

$0.01

$2.64

.

$2.57

pre¬

and

Oscar

company

are

Robert

outstanding

21,000.

Robert Meisel

Mid-States Shoe Co.—Exempted From Reporting Rule

Meisel,

Nadel.
Robert Meisel is President.
The
19&435 jmares. of stock, of which Marie
owns

14,500

The Securities

the SEA of
of

and other

Period End. Apr. 30—

Of

Subs.)—Sales, Earnings

sales
Fed.

~~

'

y

taxes

4,858,000

15,499

of

additional

3,211,000

38,430.000

38,6G8,000

2,490,000

1,654,000

19,614,000

.19,965,000

Balance

2,368,000

1,557,000

18,816,000

18,703,000

111,000

104,000

576,000

423,000

2,479,000

1,661,000

19,392,000
1,143,000

*1,380,000

18,249,000

18,006,000

$0.32

$0.23

$2.94

unconsol.

of

estate

shares

Net

earnings

Bal.

pfd.

applic.

stocks..*

to

316,000

per

be

to

its. stockholders

included

of

"Based

on

share

on

The
firm's
number

—

stockholders
common

of

Stock Split Voted

on

stock

shares

outstanding .shares of 6to preferred stock.
the preferred are owned by the trustee

of

Plan,

and

the

remaining

568

in

the

filed with the Commission will be available
the company's office in Milwaukee.
Under the
Commission * concluded that the continued filing

reports
at

1,120,000

which

2677.

a

*.'.''.

.

Minnesota Mining* & Manufacturing Co.

—

Patent Suit

—

See General

Plywood Corp. -above—V. 189, p. 1349.

-

number of shares outstanding.—V.

average

stock.

with the Commission is not necessary.
Tire obligation to
in connection with a 1940 public offering of securities
Securities Act registration statement was filed.—V. 189,

reports

lor

Settled

stock.

common

.

com.

stock

'►Earns,

common

has agreed that information comparable to that required

to

p.
on

17,013
shares

company's Retirement
owned by 21 individuals.

are

Mid-States

file reports ax*ose

cos

*

Divids.

.

of

19,126,000

281,000

2,163,000

earns,

the
946

ihe""'parent

-circumstances,

real

-

shares,

owned by Shoe Corp. of America end the remaining
owned by two individuals.
The parent company also

are

are

Mid-States

income..

on

eT

taxes

income

on

'

140.513,000 110,462,000 571,033,000 532,501,000

before

order under
application of Mid-States Shoe Company,
from the requirement for filing annual

outstanding

80,000

shares

121

An

1959—12 Mos.—1958

~

g

Earns,

exemption

for

periodic reports.

the

-79,879 shares
owns

1959—3 Mos.—1958
1

""

and Exchange Commission has issued an

1934 granting, an

Milwaukee,

.

Up Sharply for Quarter—

Fed.

feet

square

boys'

comes

It

—

a new plant
in Charleston, Miss.,
by Harry E. Doniger, Chairman, and WI1-

plant will-contain

new

To Establish New Plant

—

establishing

June 23

4iam N. Doniger, President.

011c

exer¬

sales

Net

earned

$3,391,000

share
held
on
that date. The present outstanding""
continue to represent tho number of shares indicated
to be retained by stockholders.

will

warrant

at an initial

completing the manufacture and
and some equipment has recently

use.

were

options.

Electric

prototype

$5,560,000

-

This

SEC—

share of

under

of

earnings

sored

out¬

initial orders

on

business

Maytag: Co.

two roads, in conjunction with the Boston
& Maine, now oper¬
through sleeping cars and coaches between Van Buren and

for

for

Center

stock

common

amounted

$.001

by

one

figure

half

,

construction

189,

share, for the

a

sales

May Department Stores Co. (&

Net

first

certificate

them and

on

Dakota

$1,204,083, after all charges,

shires

cents

net

South

this Fall.—V.

of

ended

54

or

City,

189,

$3.01
p.

603.

Buren,

.The
ate

quarter

>

serving also intermediate stations.

•and

to

the company is

to

Maine Central's two main-line routes.
Greyhound buses
paralleling the Maine Central's rail lines.
The Eangor & Aroostook's
is

of

Meisel
company has

Aroostook."

presently operates four round trips of

day

extends

service,

Central

previous

1958,

common

certificates

will

Earnings Up Sharply—

Boston

RR.

formula*,

The

third

Rapid

early

payment of notes and other purposes.
The
organizers and promoters of the

"decision

the

to substitute, on July 12,
self-propelled rail diesel cars
Portland and Boston.
This would not permit continuance of
present interchange of regular-type passenger
equipment with the two
Maine railroads at Portland.
The Boston & Maine's
passenger loss,
and other; economic
pressure, has forced this decision upon it. }

round

and

*
contractor

division

new

combined

1,518,046

purchase
$4 per share.

•

service

passenger

between

train

share

company.

integrating
in the field,

and

income

the

to

'

to

-

net

a

comparative

five

Marie

both the Maine Central and the Bangor

.

best

In

split took effect upon filing end
recording an amendment
of Incorporation in
Delaware, on or about June 25.
Shareowncrs of record on the date of
filing of the amendment will
be
issued
additional
stock
certificates
representing one additional
the

country.'r

The statement

&

Idaho,

Meisel owns 20,000 and Oscar
parnA^and his mother 10,500 shares.

the

of

created

the

of

•

commence

on

each

equipment

.rnent,

Bangor,

express;

the

The Air Force

will

holder

into actual

express-freight trains between Port¬

to

land,

would

move

for

the

company

..

indicated

on

quarter
months

price of

ancl

*

joint statement

Home,

$813,726,

warrants

struction

to • seek
such
permission was announced on June 24 in
joint statement by E. Spencer Miller, President of the Maine Central
and W. Gordon Robertson, President of the Bangor & Aroostook
a

been

as

Martin's

of

the

1.950.

The stock

to

Titan

company

The

will be sought

■

of

reserved

to develop, design and manufacture business
machines, incorporating a
digital
"memory" to handle data processing and inventory control
applications principally for small and medium sized businesses. Con¬

RR^

Their

lias

divisions

operate

of

of

outstanding.

—V.
operational

1959,

cise

Maine Central

RR.

announced

was

the

engaged
in
the
construction
and
training base at Vandcnburg Air Force Base,

had

the

for

The

to sell

Decision
a

of

presently

share

a

ago.

warrant

Train Service—
to cease all passenger train service on the
RR. and on the Bangor <fe Aroostook RR. after
Sept. 12
from the Maine PXI Commission
shortly.

1475.

p.

filed a registration statement with the' SEC on June
covering 200,000 shares of capital stock.
The stock is to he
offered for public sale at $3.75 per share.
The offering is to be made
on a best efforts basis by
Vermilye Brothers, for which it will receive
a selling commission
of GO cents per share.
The company has agreed

All Passenger

Permission

sites

income

This

29,

be

RR.

Division
seven

coordination

Mountain

cents

entitles

Central

decided

exceed

$47,970,000.
the
action
splitting

Maytag's
stock,
there
were
1,800,000
stock authorized, of which
1,633,116 are issued
The split will increase issued shares to
$3,266,-232.
Directors said there arc no
plans to market or otherwise issue the
additional shares which have
been
authorized, other than shares
shares

and

Net
company

Matronics, Inc.—Registers With

available, together with funds received from
payments on lot* sales, principally for the development of the Palm
Shores properties (at Eau Gallic) and for future
acquisitions, and for
use
as working- capital.

Maine

It has been

to

ancl $14,018,534 a year ago.
Net income for the
first
nine
this
yeartotaled
$3,285<j759,
compared
with
$2,862,703 the previous year, or respectively $2.16 and $1.89 a share.
Net sales for the comparative periods were
$51,545,341 and $43,465,865.
—V. 139, p. 151.
*

covering lands in the Melbourne-

will

large

would
of

Division—

magnitude

will

responsibility

and

corporation

79

the

proposed office building in Miami (the balance estimated at $150,000
be secured, by a mortgage on the
building )„ &"d $-93,200 to close

will

share¬

facilities

the shares."—V. 178.

this

Masonite Corp.—Sales and
This
or

will

area.

other

currently in progress.

work

period ending Aug. 31, 1960,/ for
mortgage
payments and releases; $465,000 will be paid on notes acquired by
members of the Magnuson family in the transfers of
subsidiaries and
properties to the company; $350,000 will be used to payoTTan exist¬
ing loan secured by a mortgage 011 the Florida Shores
properties in
Edgewuter, Fla„ and an assignment of a lot contract receivable; about

Canaveral

the

the Titan

at

year

general funds and

Until

$60,000,000 which would be the best first
history. He declined to estimate
earnings but

company's

first.half

sales

investigations, and design of additional Titan operational squadron

net

Cape

the

months

approximately

the

surveys,

soil

a

certain options and purchase contracts

to

company,

Vandenberg.

the

$150,000 for the construction of the first four stories of

Activation

of

a

during

letter

a

the

provide

President.

and

Division

contractors

standing,

the net proceeds, of the sale of the class A

expended

in

of
to

'

Early in May construction started on launchers for a Titan
squadron
at Lowry Air Force Base near Denver and work on
a second squadrbh
in that
area
is scheduled to begin later this month.
Site

The

Magnuson,

immediate

indeebtedness.
Of

1959

the

the company
its
properties owned by the Magnuson family, who own ail of the out¬
standing stock of the company, consisting of 500,000 shares of class B
common.
The
company
also
has outstanding
about
$2,900,000
of

be

said

Report

in

Offer

To
■_

the function of the Activation Division to insure
the operational
readiness of the Titan weapon system in
accordance with Air Forco '
schedules. Establishing an Activation Division at
this time writh the
Titan weapon system still in the research and
development phases
follows
the concept of
concurrency of the Air Force ballistic missile
program.
Prior
to
the
first * successful
launch
of
the
Titan" test
missile from Cape Canaveral on Feb. 6 of this
year, the Operational
Suitability Test Facility had been designed, and its construction is
now well
underway at

through
public offering
price and underwriting terms are to be supplied by amendment.
Organized in January, 1957, Magnuson Properties is the parent com¬
pany for 39 subsidiaries, all operating as one integrated organization
engaged "in the development and sale of Florida homesites. The business
was

they

in

It is

public sale

Inc.

of

Bergen,

scope

activation

Lockheed

offered for

Co.,

B.

broad

associate

ground

&

group headed by Blair

William
the

Calif.

'

of class A

4

annual

division

new

a

Activation

The

Properties, Inc.—Registers With SEC—

underwriting

an

by

administration

This company, located at 20 S. E. 3rd Ave.,
Miami, Fla., filed a
registration statement with the SEC 011 June 29, 1959, covering 500,000
shares

of

,

it compares information
accuracy
of test
V. 189, p. 2139,

June

on

the

operational Titan weapon system
direction of the Air Force Ballistic Missile
Division,"

static

a

missile

ranging

rights to purchase these shares will be available
part ol August.
The whole matter is subject of *
approval of the Board of Commissioners
of
Public

the

to

"The
fof

Space

known

other

of

said

oil

its

at

in

that

weapon
system, the
have status equal to

Co.,
189,

sequencer.
Used to
checkout equipment,
received in response to its orders and verifies
results. The commands are issued consecutively.

control

21

"Due

no

and

1959

Other

\

Constructed, for

at prices

made

latter

Formation

moving parts, capable of triggering
mintue, lmb been developed by this corpo¬
count-down and pre-flight
testing of the

checkout operations per
for control of the

60

Polaris

in

Martin Co.—Forms Activation

Magnetic Amplifiers, Inc.—New Product—
A

President,

Utilities who will also decide the
price of

%/

.

.

sales

ol

'

mentioned

expected

course

—

Eben Wright* Pyne, President of the First National
City Trust
lias been elected-a director, succeeding Lee P.
Stack, resigned.—V.

of

the

operating

for

half

business
conditions, Fred Maytag II, President,
company's sales and earnings arc at record
levels',
on six-day,
nine-hour schedules to meet the
products. He estimated sales for the first six

011

that

plants

demand

a
substantial portion of the
capital required by an Issue of
stock to be offered to both
preferred and common shareholders.

common

■

June
on

the rights

of

telephone service.

company
will receive bids on $25,000,000 of first mortgage
series K,. clue 1089, at 12 noon (EDT) July 8.
The bidding
place at.the First National City Trust Co., 2 Broadway, New
City.—V. 189, p. 2568.

Banker

on .account

107%%, and the remaining $769,500 were
details, see V.

expenditures must be made
meet the continued demand for

will take

—

to

capital

Long Island. Lighting Co.—To Receive Bond Bids—

Long Island Lighting Co.

He

C iptl0n

.

holders;

Tilts

York

mihcnrintinn

'

E.

during

bonds,

_

Maritime Telegraph & Telephone Co., Ltd

2352.

p.

fnr

enmnnnv

o™

101%

J.

.

from

1uTiJ V

StOCk

a

Hibbard

It

.

offered at 101% plus accrued interest. For
189, p. 2568.

Bailey,. Chief Engineer of Lockheed's California. Division.
great deal of study, analysis and wind tunnel and labor¬
atory testing, we -believe that such an aircraft is imminently
feasible,"
Mr.

the

from

A.

"After

hv

prior

with

1718.

p.

This corporation on June 18 reported that a
profitable 2200-m.»,h.
transport caiv be built and certificated as early as 1965.
Design studies and testing indicate solution of all major technical
problems which previously,blocked development of a Mach. 3.0-to-3.5
airliner, according, to Hall L. Ilibbard, Senior Vice-President, and

Robert

offered

been or were to be delivered

Lockheed! Aircraft Corp.—To Build 2200-m.p.h. Trans¬

port—

~

with

which $1,728,000 have

are
presently outstanding,
approximately 76%.*
:

controls,

or

,

shares

common

which

.

common. StOCKhOldeiS, a total oi: $3,823,800 were Sllbscribed for pursuant to the exercise of
rights, including
$1,283,000 taken bv the underwriters; headed hv A
CI
r, ' ,
'
or**
a
i
1 *s ne«ueci
A. Lr.
LCCKCr & Co
Accordingly, the underwriters have acquired $2,497,500 aggregate principal amount of cpnvert-

dividend

a

1974

""v.,™

basis,

each share
of
Hidden Splendor

go

„

„

^nsiiela lire & Rubber Co.—Rights Offering Completed—Of the $5,038,300 o£ 5% convertible debentures

merged

of

Robertson

the

common

Commenting
reported

the
through sleeping cars and coach service between Portland
ana Saint John, N. B. until
Sept. 12, even though the Boston & Maine
does not handle
sleeping cars west of Portland after July 12. Sleeping

facturing

9

June

and

which

—

23 approved a two-for-one split of
authorized
ah, increase to 5,000,000

may

be

issued.

the
the

Mississippi Power Co.—Additional Financing DetailsMention

was

made

in

our

June

29

issue of the public

offering on June 25 of $5,000,000 first mortgage bonds.
5J/s% series, due July 1, 1989, at 100.38%, plus accrued

interest, by

an

underwriting group headed by Halsey,
The bonds yield approximately 5.10%.

Stuart & Co. Inc.

The Commercial and Financial Chronicle

bid of
Additional

25 with a

Juno

day.

came

below:

forth

«et

„

Burge~~&

Co.-;—u-

Courts. <fe

Dick

Kraus—

$1,450,000
400,000
500,000

Pahnestock & Co.—

MacArthur

Kenower,

tffcMastcr Hutchinson

&

200,000

200,000

—-

Co.—Financing Approved by SEC—

Montaup Electric

order authorizing Montaup Electric Co.,
Fall River Mass., to issue and sell an additional $5,252,100 of common
ctock and 83,950,000 of 5% /Kfbenture bonds.
The securities are to
he acquired by Montaup's stockholders,
as follows: Brockton Edison
Co., 16,651 common shares and $2,014,-100 of debenture bonds; Blacxrtone Valley Gas & Electric Co., 9.070 common shares and $1,OJ6,<500
©f debenture bonds; and Fall River Electric Light Co., 0,800 common
chares and $899,300 of debenture bonds.
The purchasers are sueelaiaries of
Eastern Utilities Associates.
Montaup proposes to use
the proceeds of the sale of the securities to repay a portion of its
unsecured bank indebtedness incurred in connection with
its con¬
struction program.—V; 139, p." 2892.
issued

has

SEC

The

Montecatini

an

Debentures Offered

—

—

.

Monday, July 6, 1959

.

the

date

of

©f

the

warrant,

Montecatini

owned

Shares

American
to

of

5

■—V.

listed

are

is

Depositary

the

This

share

.

the

recommendation

of

following the end

the

such

of

•Each American

share

Directors)

of

,

the

at

annual

has usually been

and

year,

Montecatini

of

Debentures:
due

1959-19G9

lf/o

due

1959-1969

paid

6c/o

due:

1962-1978

48,000,000

due

19G7

$G,601,000

__—

from

due

(payable

in

560,000

Swiss

1979

10,000,000
Govt.

$5 Va(;h

clue

1959-1970

(payable

'

S.

GV2c/e

in

dollars)
due
1959-1961

Pounds

U.

A.

dollars)-

"Capital shares (par 1,000 lire
NOTE:

subsequent

to

per

shr.)

The

1,599,000
11,434,000

100,000,000 slis.11100,000,000 shs.

The

JTehinan

Brothers

Loeb
Read

& Co.,

iSastman

Union

&

Smith

Co—_—; 350

350

350

Inc

175

175

M.

Loeb,

&

Rhoades & Co.

Model, Roland & Stone

nirn

18J, p. 2458.

Shields

have

&

__

175
175

175

175

Co

175

filed

<fc

Monterey Oil Co.—Income Rise Forecast—

V

Net

good

a

would

the

proceeds

general

'

compared

Current
Aarrels

of

a

share,

production, Mi-.

Pvle

crude

10

oil

daily,




on

said,

million

1,806,460

is running
cubic

feet

in

at
of

fiscal

gas,

29

York

3,337,475
$4.11

3,337,475
$3.37

in

real

back

: _!

.

expenses

income

and

under

of

be

.

_

the

building

—v.

11,480,423
9,975,916

for

,

.

SEC

be

on

this

Thb

SEC

for
"of

and

at

51,038,000

8,798,472

.47.682.385

44,039,344

58,27<>,558
49.757,271

50,915,231
43,000,065

,

8,691,664

share

June

on

stockholders, of record

by

10'shares

each

for

Files With

—

1/

filed a letter of notification with the
common'stock (par $10t to-be offered

22

shares, of

13,101

subscription

The

44,380.000

Commission—

Exchange

corporation

one

,

2460.

p.

covering

written

held.

7, 1959 on the basis
offering will be under¬

July

The

by, Stone & Webster Securities' Corp.; New York, N. Y.
proceeds

be

to

are

for-Working capital.—V.

used

Southern Ry.—Reports

Period End. May 31—

Net

income—

opcr.

ry.

income ——

Net

183,

^

1

1113.

p.

Profit—
1959—5 Months—1958
$3,940,914
$3,559,540
68,187
45,481
725 "
40,243
*9,202

1959—Month—1958
$830,930
$692,886
26,888
•. 40,023

yT

—

189,

9,831.

.

.

2678.

p.

Ohio Casualty

period

a

99

of

shares of common stock
June 23 by John C. Legg & Co.
jointly, at $33.50 per share, with
dealer's concession of $1 per share.

(par $1.25)

stocky Of

the
of

company

this

years.

a

Okalta Oils Ltd.

the

company

and

Herbert

Marcus,

Sr.,

30,
net

1959,

'

will

announced

the

that

company's

$1.40
$2

overhead costs to the

in

savings

effect

Oils Ltd.

should be

company.
All com-'
addressed in future to the

Petroleum Ltd.,
Calgary, Alberta, Canada.—V. 182; p."817.

West,

Deculta

Western

of

care

Old Faithful Uranium,
Cordillera

See

k

Mining

Co.

180,

—

Street

p.

2359.

Secondary Offering—A

(6\nmon stock (par

secondary offering of 7,000 shares of

a

Fifth

703

Inc.—Stock Offering Suspended

above.—V.

Pacific Power & Light Co.

June 19 by Blyfh & Co., Inc. at $39
per share, with a dealer's concession of 65 cents per
share. This offering was completed on June 24.—V. 189,
$6.50)

•

a

made

was

2893.

p,

on

~

*

Pacific

•

Telephone

X

V

•

&

Telegraph

Co.- ■Earnings—

1959—Month—1958

.Period End. Apr. 30—

$

stock

1959—4r Mos—1958

$

•

$

S

_

used

for
.

be

43.320.

working

capital

re¬

.

They ,will

32.085,

continue

30,885,

expenses

taxes—

11,287,000

7,634,000.

41.201.00027,873,000

taxes.

8,230,804

7,057,265

32,982,515

28,362,795

operating income

14.167,395

10,526,535

52.685.304
44,141,675,

38,860,669
31,054,199
.• V
V /

Other

and

to hold,

25,320

Net

Net
-

after

—V.

Registers

charges.—11,821,724.

189, p. 2244.

;

.

8,370,131
'

.

.

\

,

.

"

Pall Corp.—Registers New Issue and Secondary—
This
New

corporation,

York,

filed

a

•

Cove/L.

located "at 30 Sea Cliff Ave., Glen
registration, statement With the SEC

on

June

I.,
25,

covering $750,000 of 5!a%" subordinated convertible debentures,
due July 1, 1974, and 40,000 outstanding shares of class A stock./
}
1959,

The

proposed to
offer the debentures for public sale
underwriting group hetaded by L. F. Rothschild & Co.,
Jackson & Curtis, and Hayden, Stone & Co.
The
offering price and underwriting terms ..are to be supplied by amend¬
ment.
A
producer
(with its
subsidiaries 1
of
stainless steel filters,
company

through
Paine,

the

an

Webber,

to

plans

.company

debentures

$130,000

$15,000
—

income

operating

—

company

added-to

85,003,984
74,546,387 .328,270,855. 292,919,011
51.318.785.., 49,328.587 201.402,0-36 197,822,547

revenues

Federal

the1 issuing

will

Operating

Operating

filed a registration statement with the
covering 1,000,000 shares of common stock, to
value plus underwriting discounts and com¬

asset

22

June

on

now under the management of Western Decalta Petro>
The new joint arrangement, which became effective June 17,

company,

better than

Exchange Commission—

company

1959

22,000

on

(Canada)—New Management—

directors

of

munications with Okalta

SEC—

Capital Fund of Canada, Ltd.
and

board

Ltd.

•

•

.

"tocle sale

its

from

of

made

was

and Westheimer & Co.,

executed by Wylie
York and Chicago

of

Insurance,,CoA-Secondary Offering—A

offering

secondary

corpora¬

now has outstanding 598,800 shares of stoclc. of which
(61.56'ib ) are held by the 11 selling stockholders. The
are
held by Mrs. Herbert Marcus, Sr., Vice-President,

investment
June

^

Newport Electric Corp.,-Newport, R. I.

31,200

Securities

offered

1959—5 Mos.—1958

-

this offering,
64,260, 51,615, 39,215,
shares, respectively.—V. 178, p. 1476.

This

15,000

million

charges——.

189,

Securities

Co.—Expects Earn?. Rise—

.

after

With

*

•

10,551,923

income

after

Net

earned

common,

to

New York

' "

'9,009,000

10,133,000

taxes-——

9,538,783

letun

Stanley Marcus, President, 59,835; Edward Marcus,
Vice-President, 45,345;t Lawrence Marcus,. Senior Vice-Presi¬
Secretary, 36,105; Herbert Marcus, Jr.,.32,085; and Trustees

Will

••

propeiSUig^srfe

shares;

dent

"

78,360,636 413,723,097 389,927,076
50,001,241 256,723,154 250,592,501

operating taxes.—

Net, operating

Building—

transaction,

estate

'

blocks

"/*

1959—Month—1958

83,396.474
52.244,268

revenues——

'Deficit.—V.

and earnings reaching $1.75 or
unreasonable," he commented.

year,

not

1958

funds

shares

1959 and 1958,

Telephone Co.—Earnings—

Operating revenues

i?5mpany

The

195g.

the rate of

dry

11,277,058

income for the twelve months ended May 31,

Operating

:

He

$1.37

1,567,088

13,728,176

r*

Co.,

quirements.
368,550

Executive

estimated cash income (net income
plus write offs) at $11,500 000
compared with $11,417,000 in the previous year. He put net income at
C2;500,000, or $1.35 a share on 1,860,654 shares of common
or

12.844,146

1,563,947

dividends^.—

Period End. May 31

and

shares for public sale;"'and the remaining
102,600 shares, constituting outstanding stocky are to be offered for
sale
by the present holders thereof.- The-public . offering - price and
underwriting terms are,to,be supplied by, amendment. Lehniian Brothers
is listed as the principal underwriter.

97,260

This company's
gross
income for the fiscal year ended Aug
31
1959, was estimated at $23,000,000, up "from $2i,886,000 in the'
pre¬
ceding year by Howard C. Pyle, President, in a talk before the New
York Society of Security Analysts.

$2,478,000,

15,292,123

stock

Oi)crating

Inc., simultaneously took title to the
Building, re-sold the land to a group of
and the building to a group of New York

leased

shares of
to offer

largest

•With

17,617,421
4,773,275

purposes.—V, 189, p. 2460.

Other

company, located at Main and
Ervay Streets, Dallas; Texas,
registration statement with the SEC on June 29, 1959 covering

a

proposes

175
175

_

Noyes & Co._

Hutton

5,472,741

New

-

arrangement was conceived and
President of Collins Tuttle, New
'
'
"
'
"
"
' ;

share

133,800

175

'■

Dr.3,291

[

20,764:864

_

income

June

on

■

firm,

company

Tliis
;

175

Co

E. F. Rothschild & Co

_

—V.

350

Carl

Pierce, Fenner

Cmlth, Barney & Co

350

™

175

E.

v.'K--.V,y,'y,

Neiman-Marcus Co.—Registers With

350

Co,—ZZ1Z
Ladenburg, Thalmann & Co."
Lee Higginson Corp
I

—

:—

Stearns

Hemphill,
W,

Tuttle

.

■

Allyn and Co.,

Clark, Dodge <fc Co.;
Hallgarten & Co

350

Inc.

C.

Bear,

& Co., Inc.- 350
& Co
350

Bidder, Peabody
&

A.

Secu-

Co.—

Sachs

Lynch,

Dean Witter & COr_—

350

&

Harrhnan Ripley
Merrill

White, Weld & Co.

350

Co.

I?. Eberstadt

Ooldman,

500

17,618,660
Dr, 1,239

<

,

tax

350

2—~~

Co

&

(net)

includes $1,560,000 ,,(47 cents a
share) and $1,146,000-; (34 cents, e
•'shareirrespectively, resulting from reductions in Federal income taxes
attributable to the use of accelerated-depreciation" for Federal income

$6$7,392, or $1.21" a share'," on sales
of
$16,043,897.
For
the
1958
first half,
National • earned
$178,561 .
or,'31 cents a common share, with sales of $7,937,000.
In the1 first
quarter this year, the company netted $415,400, ox. 70 cents a share.' ;
compared with $91,700, or 16 cents a share in the like 1958 quarter. '<
—V. 189, p. 1349.
;
' ■
'
/
■

Securitcs

Corp.
Wertheim

Webster

500

Corp

Inc

Dillon,
&

Inc

900
900

—

Co
& Co.,

First Boston

Sc

20,768,155

income

m

•The net

National Lead

the June quarter is "doing as-well or
and should have first half earnings
share, Eugene R. Perry, President, said. •— '*

"We'll

The

Units
Stone

900

75,107,098

Conftnon'shares.'Outstanding (end of period)—
"Earnings per comnifon share
;
i.

assets, ^property

the

acquire

company in
first quarter"

conunon

were

Units
Co

&

Tuttle,

common

several
Underwriters
named
below,
have
severally to purchase the debentures with attached warrants
constituting the following number of units offered hereby:
Frcres

$

80,932,72G

_

"Balance.

Guarantee

investors

complex

L.

the

UNDERWRITERS—The

rities

"'Net

Vice-President, on June ,18,'announced a
handling system for ships, railroad 'and truck

National Vulcanized Fibre

♦greed

fLazard

■'

'

92,725,758

'

Group

then

and

real estate

subsidiary of Montecatini.

The

will

Lead

multi-faceted

Collins

(111.)

F.

1959, 557,971 capital shares

1958

1959

101.700,881

National

the

unusual

1,437,000

March 31, 1959.
iSecured by mortgage
minor part of the indebtedness in U. S. A

other lien, except as to a
dollars due 1959-1970. HAt March 31,
field by a wholly-owned
©r

■Earnings Up*—

-

_

income

Preferred

by

container

London

investors

(Payable in Lire unless otherwise indicated).

♦Authorized

'-'V" V.--

v.

.

Gas Corp.

&

deductions...jzizi—2.

Income

Fed.

exchange for 30,000 shares^of

in

.

as

and

2,003,000

1,599,000
11,434,000

o:

State Electric

2004.

p.

Chicago

*

„

187,

22-story

"

1,437,000

——

indebtedness

Dillon,

National

Moriarty,

an

tion

42,002,000

Shipbuilding Corp.—Extends Exch. Offer—

revenues—

income

Gross

of1

special

a

withthe: SEC

'■

2,003,000

(payable
in
Sterling)
due
1959-4965
(payable

S.

739,000
—

—.

A.

t5 9/lo%

Dlyth

statement

■

In

739,000

45,602,000

—

,

2678.

p.

Operating
Other

Commission—

registration

a

National Properties, Inc.—Buys, Leases

Agencies:

1959-1976-

189,

Tha

10,000,000

1959-1968

v

$4,146,439

$3,599;031

Operating expenses and taxes;

Speedloader System, it is based on the
shipping of freight in large containers and rapid, handling of these .
through use of standardized loading and unloading equipment,Development of the National Speedloader: cargo container handling
system broadens the company's product base and puts National in a
new
field. Presently,
the company sells specialties to the railroads,
marine,
mine,
mill
and
clay
products, industries,
in
addition - to'
malleable and steel castings to the automotive, farm equipment, road ;
construction
equipment, electrical and original equipment manufac¬
turers.—V. 187, p. 2493.
>' ' '
,V-

11,620,000

Italian

*

Twelve Months Ended May 31-r-

Registers Exchange Offer With

—

Exchange

filed

Goldsmith

cargo

Known

48,000,000

11,620,000

duo

Kuhn,

Co.

assumption

H.

W.

meeting
in May.

——

francs)
•5'/2/
due

2353.

n.

New York

National Malleable & Steel Castings Co.—New Devel¬

lines.

$6,G01,000

"

the

new

Outstanding

5GG,000

Sundry

—V.

the

under

member

a

announced (June. 29). that

opment—

-

GVo

in

as

188,

631,141

•

■>-;

ZJ-.

Norfolk

TO PRESENT FINANCING
Authorized

-

and

company

shares.—V.

1

represents five capital shares.

CAPITALIZATION GIVING EFFECT

U.

officer,

an

631,141

stock—_

to preference

York Shipbuilding Corp.
on
June 30 extended until July 31
exchange offer to shareholders of Higgins, Inc.
New York Ship¬
building will exchange one share of its stock for each 24 shares of
Higgins common stock.
The otter which was to expire 011 June 30,
has. been
accepted by. holders representing nearly 90% of Higgins'
2,000,000
outstanding
shares.': Higgins is a Gulf
Coast - shipyard,

National Lead of certain liabilities' of: Goldsnhth. The prospectus lists a nhmbcr of -persons, who*will receive and
may sell the National Load'"stock received by them / underthe agree¬
ment, including Marc S. Goldsmith, 5,644 shares; Lambert N. Gold¬
smith, 5,714 shares; Edith F. Adglsdorf (Gordon); trustee;under the
will of Sam L. Adelsdorf, 2,028 shares; and Agnes, M, Goldsmith, 2,037

has

Board

464,080

$4,777,580

approve

Lead

agreement,

and

its

on

332.351

$4,230,172

-

New

acquisition of the assets of Goldsmith Bros. Smelting &,/Refining Co.
of. Chicago, subject to the requisite approval of the* stockholders of
Goldsmith, and the dissolution and - liquidation of ; Goldsmith. Under

and after

paid an annual dividend of 115 lire
capital shares* for each of the last
live years.
As required by Italian law, the amount of the annual
Vlividend for each year is determined by the stockholders (on the

4 Yo

as

will continue

of

per

2,037.457

-

its

stock (or such lesser number as provided-for in the agreement)

cents)

fioans

position

he

However,

income

New York

.

common

DIVIDENDS—Montecatini

$7,289,944
2,048,284

$

business

,

4Y2r/o

—V.

29, 1959, covering 28,863 shares of its common stock. On June 23, 1959,
National Lead entered into an exchange agreement providing-l'or the

BUSINESS—Montecatini was incorporated in Italy in 1388.
In the
production of both chemicals and nonferrous metals it is the largest
company in Italy and one of the largest in Europe.—V. 189, p. 2892.

(18.4

the latter

from

Riddle, Jr., President,

M.

Securities

polypropylene, and other petrochemi¬
is scheduled to commence during the
bo completed
in approximately two
annual plant capacity of about 5,000
tons, but this quantity is subject to change as the development
project proceeds.
".?■
■

the

.

plan.

delivered

synthetic resin, isotatic
cals. Construction of the facility
cccond
half of this year
and
years.
Present plans call for an
©f

157,734

$6,599,980

♦

Aeronautical Corp.—Plans Stock Split—

National

new

tnetric

mortgage bonds.:

Operating

of

nc\y

$7,132,210

,

L---i

Balance

—

construction
a

•

137,084

.

proceeds from the offering
will be applied to
by Novamont Corporation,
a
Montecatini sub¬
plant in the United States for the manufacture of

PROCEEDS—Not

■'
•

_r—

Dividends applicable

.

Receipts,

American

Also subject to redemption at the option of Montecatini on
June 15, 1964 at prices ranging from 10512 to 100'/.
•

finance
sidiary,

Net

the proposed split, -it, wilL become effective
Aug. 1, 1959, increasing the number of common shares outstanding
"from 412,749 to 825,498 shares.
Authorized capitalization is 1,000,000
shares, par value $1 per share,—V. 189, p. 2892.
'
11
'v' ' -

the debentures will commence in 19G4 and will be
100/> of the Issue by maturity. The debentures arc

Sinking fund of
CUfficicnt to retire

p.

stockholders

If

equivalent

Stock Exchange will be

by

York

New

Share

American

feacli

represented
the

on

186,

James

the balance in United

Finangiario

on

$6,462,396

•*:•';■:

revenue

'44.038,326

Other interest and deductions-—

meeting of stockholders to act on a proposed two-for-one split of the.
shares has been called for Thursday July-9 at - the corpora¬
tion's headquarters in Fort Washington, Pa.
Stockholders of record
June 22 are entitled to vote at the meeting.
*
'

capital shares upon exercise of the warrants.

of

Interest

45,606,957

taxes-—.-.

(net)'—

income

1958

1959

$52,069,853 $51,170,530'

—

and

expenses

income

-Earnings Lower—

May 31—

revenues

eperatnig

Gross

Hughes, Vice-President and Controller, succeeds Roger Hull
Vice-President. All of the changes are effective Sept. 1.
2476.
y '
■:

National

surrender of $500 principal
States currency.
under the warrants are
(Mediobance), Milan, Italy.

payable by

and

Montecatini

shares)

capital

tvhich
In lieu

McCall

J.

at a price

19G3

31,

before Dec.

or

Loeb, Rhoades & Co.;
of the offering
price.

M.

V/z'/v

as'Executive

$500 and the market value of the shares
Of the amount due on exercise

Credito

di

Net
Other

trustees, and has been elected Chairman of the Executive
Committee of the Board, to serve without salary."
'

shares purchaseablc

capital

Banca

by

retires

Board,

the

Carl

the board of

exercised.

$500 will be

the debentures,

of

©mount
The

-

Roger Hull
Officer —Ir. W.

Chief Executive

and

currently

Hull,

company's security

Offering was oversubscribed

exercisable on

warrant is

the

\

%

common

between

to the mean

equal
on

Operating

Executive Vice-President, has been elected
nqw
President and Chief Executive Officer.r He succeeds Louis W.
Dawson, who was elected Chairman of the Board of Trustees. Lewis
W.
Douglas, former Ambassador to Great Britain; who. has served
the company
since 1940 first as President bind later as Chairman

books closed.
arc

Corp.—Acquisition—

President

Roger

proximately $500, is priced at $1,000 and accrued interest
on the debentures.
Debenture principal and interest arc

warrants

is

is

New Orleans Public Service Inc.
Twelve Months Ended

Dawson Becomes Chairman of the Board of Trustees—

principal amount of $1,000 and a war¬
purchase 103 outstanding capital shares of Mon¬
tecatini with a present aggregate market value of ap¬

The

underwriter

812.

production of

ceased

Elected

An underwriting

rant to

and

p.

commission

underwriting

189,

Operating

Mutual Life Insurance Co. of New York

debenture in the

payable in U. S. Currency.

principal

the

,

parts for the automotive^ industry.
Space
thus
freed
at Bond's
present {.wo Detroit plants^will provide for:
expansion of operations remaining at those. facilities, according to
Julian Unger.
•
\"
•
y ••
Mr. Nigro said: "For Motor Products there is the added advantage
that the new operation will require the entire
space'of our Mack
Avenue plant. We have been charging corporate expense with approxi¬
mately $240,000 per year for carrying costs of this * idle facility.
Thus
we
are
now
adding back 80 cents a share to earnings on a
bcforc-tax basis,
without giving effect to the results of the new
operation."
v.-.
•'> ■■'"-r-p-'' .■1
For Motor Products this was the second acquisition in two months.
--In May the company purchased 80%
of the.stock of Trionics Cor¬
poration, a research and development organization in* advanced elec¬
tronics, also engaged in developing commercialJ applications of basic
processes for which it holds patents.—V.
189," p. 2459. ^
:

Each unit, consisting of a

company.

The

and
—V.

2678.

109, p.

pany

& Co.; Lehman Bros.,
1 publiely offered, in
units, $10,000,000
Montecatini Societa Generale per
1'Industria Mineraria e Chimica Anonima (Montecatini)
51/2% sinking fund dollar debentures, due June 15, 1979,
and non-detachable warrants to purchase 1,030,000 capi¬
shares of the

missions.

gas

Acquisition by this corporation of Bond Steel & Storage Co. was
announced by Ray Nigro, President.
Bond Steel, and Storage operates
a specialized
industrial warehousing service centered in Detroit, Mich. '
The
new division
will shift headquarters and major operations to
Motor Products' vast Mack Ave., Detroit plant," idle since the com¬

£roup managed by Lazard Frcres
and Kuhii; Loeb & Co. on July

tal

natural

■

250,000

150,000
P« 2892.

189,

V.

see

of

year.'

Motor Products

loO.OOO

Inc. ———
Thomas & Co.L~\

'

Co.

details,

lions

Stifel, Nicolaus &r Co.,
100,000

barrels

has participated in .four successful exploratory wells so
knd will participate in .65 development well cofnple-:
to bring the number of net producing wells at year-end to 700.

this

—V.

<fc Co.,

&

Co-

For

principal amounts of bonds

700,000^ The Robinson-IIumphrcy :
GOOCo., Inc.—. —-——

Merle-Smith.—

&

7,300

Monterey
far

Mullaney, Wells & Co.—% $200,000
Norris & Hirsliberg, Inc.
100,000
Raffensperger. Hughes

Co.

&

Inc

Ball.

and

gas

Mexico.

New

and

have agreed to pur¬

below

.

Stuart

Halsev,

residue

plant

from the company's holdings and interests in Louisiana, Cali¬
fornia, Wyoming, south Texas, and the Permian Basin of west Texas

liquids

,

details follow:

PURCHASERS—The purchasers named
chase from the company the respective

of

feet

cubic

competitive sale on
99.607%. Books were closed the

award of the issue at

The group won

-

.

(54)

10

of

the

to

will

be

8'r

repayment

count;
$13,000
will

to apply $250,000 of the proceeds
liquiation of short-term bank loans.

used

to

retire $115,000

Debenture
of

loans

Bonds.

owing

to

A

of 7(!>(r

further

principal

of

the sale of
additional
and
will be applied
An

Debenture Bonds

$31,166

stockholders

on

opeq

acr

chattel

will

require

mortgages on machinery in the
amount
of
nearly
be retired;
and planned expansion of existing facilities

payment

of

construction

(Continued

on

costs

estimated

page

48)

at

$^0,000.

The

Volume

190

Number 5861 :

.The

.

Commercial and Financial Chronicle

\

(55)

11

I

DIVIDENDS

'

•

.

•'

,'

Name

'.4

Dividend announcements

In

tables.
nounced

first

table

in

which

Then

7-15

7-

7-

1

6-22

25c

7-31

7-10

—___4__^>^-,

2%

7-31

7-10

Twin

show

we

the

payments

Hoover Company, class A common (quar,)—
Class B common (quar.)———u—4__

20c

9-11

8-18

220

20c

9-11

$1.12Va

2-30

9-18

payment date.

•

previ¬

When

Holders

Payable

Share

of Rec.

_4/:4;4-

_

$0,008

7-27 '

6-30

Class

Sugar Refineries, Ltd.—(quar.), -___________44_—_______

5%

'•■r.

A

i

(quar.J

preferred

Aeronca

Can

(

American
Anker.

Viseos"

Chemical

Appalachian

4'A%

Film

&

Power

increusod-quar.)
pfd.

4150&.

1

1

7-13

8-

1

8-15

"

Arizona

Flour

$1.12 »/2

Investors

8-

7-

6

7-15

7-

6

7'AC

8-15

8-

8-15

8-

4)2%

1

30c

8-

1

E-I-F

preferred
Industries"

Baldwin

Rubber

Extra

/

<1947

Basic

series)

9-

1

•_

4'A%
Bostich,

Inc.,

Braniff

Airways,

Burger

class A

Cleveland,

(s-a)

Chic.

of Los

Cohen

(Dan) Co. (reduced
Columbia Pictures Corp.—

;>

-

10-

1
1

8-

1

$5

7-31

7-21

$1.25

7-31

7-21

of

9-

8-10

will

Inc.

Power

—

Erie

Forge

6%

1st

5%

&

.—4

50c

of

4

6%

preferred
Seal

7-31

Ohio

8-28

Oster

1

preferred
C

-

Hart,

/

1

.

Schaffner

&

.

..

7-

1

6-20

Marx

Corp.
Hem.cnway Furniture,
convertible"

Hightstown

Rug

preferred
Co., 5%
prior

&

50c

7-15

9'

8-

1

8-

1

7-15

32 '/2c

8-

1

7-15

30c

10-

1

10c

7-31

9-15

7-15

25c

7-15

6-30

25c

7-31

7-16

preferred

7-

7-

1

7

Canadian

Allied Stores

6-25

4%

7-

1

$1.10

10-

1

preferred

6-

10-

1

9-15

preferred

Amerada

Petroleum

$1.14

8-

1

7-15

American

Aggregates,

35c

8-

1

7-15

American

$1.25

8-

1

7-15

5%
^

__

7-27

5c

7-29

Common
American

7-14
.s

$1.25

r»

7-14
'

,

10c

7-15

77-

9-

1

8-15
1
1

7-10

8-

1

8-

1

7-15

8-

1

7-15

American

7%

Puritan

Funds

7^13

Ralston

7-15

8-

7

8

7-24

2c

6/22

10-

1
1

15c

8-

1

$1.50

9-

4

7-10

Insurance

8-20

8-

1

7-20

8-

1

7-20

3%

25c

7-10

7-

$1.75

9-1

9c

7-31

7-15

7-

9

6-25

Scarfe fit

11-15

10-23

32VzC

11-15

10-23

15

10-23

11-15

35(T

Co..(Dayton)

10-23

class A

—

SoUdPi

Georgia
Southern Industries

1

7.-15

7-

1

6-19

$1.50

(quar.)—4
'

Fund_——.4—

.

10-

l->

8-28

10-

1

8-28

12'Ac
■

i;l5c
U5c

*

1—

(quar..).—

8-

1:20c

(quar.)—44
;
Natural-Gas- (quar. )_4—!—,

Class,B

3
3

.8-

1

7-15

7-10

6-23

7-10

6-23

1

7-15

7-25

7-13

-•

10c

7-15

8-

1"

7-15

Stein

Fuel

Standard
Roe

8-15

1

Stein

Co.,i Ltd.,
Farnhain

&

4)2%^;pfd.
Stoek .Fnud,

ordinary income
Farnham

Balanced

Roe

fit

7-20

Stock

8-

$1.50

8-

1

.

fit Insurance

Fund—

(Joi)n)

&

dividend

Sons,

—-

tquar.)
Works,

Water

,

profex-red
Wire

Anchor Post
Anderson

1

7-20

Swank,

9-11

8-21

Switson

'Ac

7-16

7-

1

16 Ac

7-16

7-

1

8-24

7-27

2'Ac

7-10

6-30

8-

1

7-10

4'4',

13"?4C

3-

1

7-10

5%

preferred

62VL-C

7-

1

6-20

6%

prefer^r^S'

>quar.•

(quar.)

Industries

Taylor-Colquitt
Texas

Co.

.Instruments,
Mines

prior

Corp.

—-•—

...

Ltd.

(quar.)„

(quar.)—

—

pfd, (initial)
(payment on the

6-25
6-11

7-

6-11

this

7

10c

7-15
9-30

25q.
28C

4%

preferred omitted at
Corp. Fund—

7-13

7-10

*7c

(quar.)

Inc.

7-25

7-23

50%'

.

10c

20c
50c

6-30

9-11

7-

1

6-23

8-

1

7-14

convertible

Co.

-

preferred

(quar.)-—-

4

--

2

6-12

J25c

7-

2

6-12

i 30c

7-

2

6-12

>

11-30

>

11-30

•

8-

1

7-15

'

8n

1

7-15

'

9-

1

8-10

,7-31

7-10

7-10

6-10

12V2C

fic

Cable

8-lT~

7-28

7-

3

'K

9-22

9-3

8-17

8-

7-

7

6-15

7-20

6-30

$70c

t30c

9"

)l

3

8-10

:t56'Ac

8-/1

7-10

J25c

-K23

6-25

1935/series

9-

9

20c

8-

1

7-20

62iAc

8-

1"

7-20

8-12

25c

(quar.)—

7-15

7-

X

$35c

_____

7-15

7-

T

8-

7T X

$1.37'/2

(quar.)

1

7-15

5c

—

6-30

t25c

9-

1

7-20

$60c

(quar.)

8-

1

7-20

8-

1

7-20

$62 'Ac
25c

(quar.)

56c

4„——

60c

;

7-15
9-

1

6-39

8-20

7-15

6-19

43sAc

8-

1

7-

55c

9-

1

8-14

$1.31'A

9-

1

8-14

fic

Hegeman Electric . Co.——
Water Co, (Del.); 7%
pfd. (quar.)

Associated Dry

Goods, common (quar.)
(quar.)
Associated Electrical Industries, Ltd.—
American deposit rets,
(interim)

s

.

preferred

X

7-16

6- 3

2c

7-

1

6-24

25c

;

8-

1

7-19

2 'A %

Inc.—

$.0070 from capital gains plus $.0130
Investment

1

30c

A (qtiar.)___
$2.50 pref. series B (quar.)_
Aro Equipment Corp., common
4Mj% preferred (quar.)__.

Fund,

9-

50c

$2.40 2nd pref.

Associated

8-17

250

*

(quar.)4
Ltd., common

Applied Arts Corp. (quar.
Corp., Ltd., common

1

15c

—

Argus

Ari-ow-Hart

6-20
8-

9-

25c

Co__^.„______^—

Products

preferred

6

8-15

37'Ac

Electric

Inc.

7-

15c

(quar.)

444

Ansul, Chemical Co.
$5.25

7-17

7-10

34^aC

common

(quar,)

(quar.)

Anthes-Imperial,

1

7-23

8-

35c

Trap Co. of America, com, (quar.)4_
5%; preferred (quar.):
:

from

income

Associated Stationers Supply

—

(quar.)

Atchison,

Topeka & Santa Fe Ry.—
non-cum. preferred (s-a)

city Electric, common (quar.)
preferred (quar.)
4.75/4 • preferred i quar.)__——,
:
4.1Q% preferred (quar.)
4.35%
preferred (quar.)—
4%

7-

12-15
12-15

7'/2c

(quar.)

25c

8-

1

6-2S
6-13

37'Ac
—

-

7-15

$1

1

$1.183A

Atlantic
+22'Ac

6-29

$1.75

-—

5%

$1.75

time)

Trans-Canada

3

6-19

7

82'Ac

—

__—

—

5.25%

a$0.093

——-

Ltd.——

7-

3

7-

Corp.—

pfc ferred

Artesian
10c

From ordinary income
«-4
Steinway 6c Sons (s.-a)_.—4

Summers

*56'Ac

Inc.—

.4—_—

8-15

8-15

(quarJ

8-

8-

7-15

31'Ac

(quar.)

(quar,

7-

8-21

37'Ac

Anheuser-Busch.

7-

"

7-17

lc

6-26

7-15

'

1

7-31

3o

1"

7-15

9-

6

65c

(quar.)

com.

(s-a)„

17c

.

6c

Anglo-Huronian, Ltd.

26c

7-

7-20

17'Ac

7-28

7-10

1
1

20c

__

—

(quar.)

Shera(on-Gil)Sbn Corp., 6% pfd.
Silvery ood; Dairies 4Ltd., class A

1

9-

—4
(quar.)

1

7-24

6-30
6-30 ;
7- 3

8-

30c

7-24

20c.

1

8-

$1.12'A

—

(quar.)_

Insurance

Gas,

Transit

Anaconda

"

—

8-

Co.—

7-24

7-

"

25%

8-15

20c

7-15
7-10

25c

(quar.)_
——.—
Corp.. .common (quar.)
Anglo-Canadian Pulp & Paper Mills—
Common" (quar.)
$2.8Q preferred (quar.),___
Anglo-Canadian Telephone, class A (quar.)__
4(2%
preferred
(quar.)

^8-

6-30

Smelting & Refining—

Title

6%

7-31

.

8-10

$1.25

8-15
_

1

7-15

25c

_i

Common

2

8-15

15c

7-14

7-10

9-

Inc.—

common

5% %

9-15

40 c

11-30:

1

7-24

97'Ac

1st preferred

American

8-21

2%

8-

32'Ac

.

American

7-20

^

'

Co.—

(quar.)_
Telephone & Telegraph—
(initial-quar.)
American Thermos Products (quar.)

•

—

Product,^ (quer.)—

Co. Ltd.,

8-

,

7-

9-11

8-13

_

common.

Safety Industries, Inc. (increased)
Sargent & Co. (quar.)_4„

100%

-5c

7-25

30c

12-15

30c

$1.50

•

.

$1.25

preferred

prior preferred

New

3

55c

a-31

American

8-20

(year-end)

7-14

9-15

Fund—

American

$1.25

7-10

25c

(quar.)

(quar.)__—

Natural

American

1

7-24

* *

Animal
_

Sa'Whill Tubular

11

(monthly).
ijred__
J.)

8-

40c

.—

Corp.

N.

37'Ac

25c

:

preferred
(quar.)
American-Saint Gobain Corp.—

7%

dividend)

(stock

6-15

6%

7-21

6-30
7-17

Extra

5%'

9-15

7-15

.

8-12

1

investment income

Quarterly

7-21

8-28

10-1

7-15

Molasses.

American

9-15

8-

7-10

7-2^

33c

$1

(quar.)
Rising Paper Co. (increased quar.)_:—i—

7-15

7-24

Inc.

Chemicals, inc.,
dividend ——444

Stock
ReliabJe

"

3

37'Ac

(quar.)—-——A-

Reichhold
_

r,

7-31

6-25

7-16

8-

Co.' (quar.)
.4
American National Insurance Co. (Galveston)

8-31

;

(quar.)——

American

8-31

8-

9-15

Co. (quar.)—
International Inc. (quar.U
(3-ior-l split payable about Oct., 7, subject
to approval of stockholders oh Sept. 14)""
Red Owl Stores, Inc. (quar. )4_^——

7-15
7-

1

■M5c

(quar.)

Raymond

1

1

7-

9-10

2c

10c

-

Purina

9-15

8-

9-

f$1.75

at the rate of $12.50
be paid in cash
(quar.)— 4———4_j.>_.

preferred

7-28
1

7-21

share will

preferred

7-20

10-

7-31

Fractional shares

7-30

•

5c

Stevens Chemical Corp. (quar,)—.
Pittsburgh, Youngstown & Ashtabula Ry, Co.

7-20

£

com.

Mutual

net

6-17

7-31

30c

__4

Monorail

6-17

7- 9

40c

(quar.)_
Climax

American National,Fire

(ini£ial-quar.),_,___

Heusen,

dividend

Metal

$1.20' convertible

Chemical—

common

&

preferred

American

7-17

20c

—,

Products

preferred

9

25c

Manufacturing Co. (interim)_____
Co., common (quar.)

American

7-17

7-

(quar.)

com.

Foftndry

5%

9-11

8-

8-7

1

(initial quar.)

com.

(Newj

Stock

7-17

10-

25c

8-7

8-

$1.25

American-Marietta

(quar.)___——

preferred

new

pre'

American

1

8-31

50c

preferred (quar.)
3.90%- preferred (quar.)

6-30

9-18

1%

5%

8-14

7-10

1

20c

Ice Co.,

Machine

9-

$56c

—___

American

1

20c

J25c

:

6%
American Insurance

1

7-15

9-18

8-21

10-

12'/2c

(quar.)__

4___.

Home

1

9-10

30c

Co.—

Corp.,
(quar.)

preferred

10-

7-24

25c

Quarterly

1%

183Ac

933/4c

(quar.)

common

Anna

American

W.

Pierce &

7-20

•

$1.50

Co.,

American

.

6-23

(quar.)

American Fire fic

•>.

1

7-20

(quar.)

American Distilling Co. (quar.)
i
Casualty Co. (Orlando, Fla.)
Quarterly

.

■

75c

(quar.)

Rubber

Boscli

6-30
6-12

(initial)

American Book

6-26

.

7-15

1

8-3

4

preferred (quar.)
Biltrite

6-24

6-30

(quar.).

Corp.

6-15

7-10

£6c

.

7-15

Inc.—•,

coin,

of

6-30

50c

preferred

2nd

7-15
6-26"
7-

,

$1.37'/a

___

(quar.)__
Canada Ltd.—

1

37'Ac '

Line,

Co,

1st

7-10

7-15

10c

(quar.)

common

8-

30c

(quar.)

Gas,

Phillips-Van

2

7-30

Pipe

Corp.,

% '

tlOc

_*

Funds

Amerace Corp., common
Stock dividend

i

New

7-15

8-10

Co.

Dividend

$1.09

(quar. 1,1

6-23

_8.-_

5c

(quar.)
:
preferred (quar.)_.
Amalgamated Sugar Co., 5% pfd.

9-15

(quar.)

7-20

6-20

50c

Steel Mfg. Co., 75c conv. pfd.
Co, of America, common

4V2 %

6-25

57'Ac

6-17

6c

Alleghany Corp., 5'/a% preferred iquar.)
Allegheny Ludlum Steel Corp. (quar.)

Aluminum

4—

8-10

7-10

,wl2'Ac

All

1

25c

_i4.4_44—*4-.

(qttar.)

income)

6-15

1

$3.75

Philadelpliia, Gennantown & Norristown RR.
Quarterly /4„—
4 4———4,.:—,.—.'
■

6-17

7-31

Discount

investment

(initial quar.)__

Aluminum

$1

of Rec.

8-25

37'/2c

(quar.)

Inc." (quar.)_4—

Products,

Allison

■'

Holder*

7-10

5c

7-

7-15

$1.15

When

Payable

7c

Hosiery Mills (quay.)_____
Algonquin Building Credits Ltd.4

4

6-10

7-10

(quar;),„—

Eastern

Fuel

Pennsalt

8-10

7-

<Sr

A

Alba

50c

—.—

Securities- Fund,

class

(quar.

Common

4M:%

Corp., common

Petroleum,

Akron, Canton fic Youngstown RR,.._

6-30

,."44 ■,'4
be held

(quar.)—

-

6-30

93 %c

7-20

(quar.)

Air

Gas,Corp.—

Mfg4 Co.

,Towne

pfd.

7-10

Per

8-

33c

—

4————

50c




1

Share

6-30

1

9-

$$1

Vmar4

,C.o.

1

(quar,)—
(quar.)

7-

8-

: 40c

31'Ac

Company

7-10

60c

(quar.)—————
Edison Light Co.
(quar.)
Electric & Gas-

1

4

7-15

$1

;

(quar.)__

7-10

65c.

$1.25

(quar.)
—4—_—

9-

,_4

•

—

give the

(Quarterly from

"

& Stores Corp.

9-

^

8-26.

•'» ;4;

Air Control Products—

stock

8-1

(quar.)

common

'
to

meeting

$1.25

(quar.)

8-26

9-18

monthly),
(quar.)__

Gas

Machine

Industries

New

Co.

C.)

Loan

4%

8-31

1

^.

Heat-Timer

5V4%

9-15

9-

$1.27'A

—

6-30

——

Corp.—

64'/2c

g

(quar.
'•

8-14

7-31

8-14

(quar.)

—

B

9-15

9-15

8-31

Illinois

Panliandle

6-20

$1.30

(quar.)

8-26

9-18

Affiliated Fund, Inc.—

9-30

j.

$1.75

1

(quar.)

(incr.

Addressograph-Multigraph Corp.

40c

capital gains^4_^...———-—
Ogilvie Flour Mills, Ltd., 7% pfd. (quar.),^ '

7-31

7-

62'Ac

Products'Corp... class

8-20

9-18

(quar.)

common

9-15

+15c

From

From

-

9-10

$1.56'A.

Telephone,

we

Name of

;

M9-18

$1.50 preferred

9-15

Kentucky—

(qtiar.)-r

8-14

12 V2C

$1.43%

Acme

7-29

convertible"

62'Ac

pfd.

1

20c

9-15

10-15

(quar.)

Oil

50c

.

9-

(quar.)__

9-30

27c

80c

j:

6-26

$1.25

(quar.)

1

10-

31'Ac

J

I

7-10
7-10

7

-

6c

preferred

$1.20

8-15

32 Vac

,__4

5,16% preferred '(quar. )_r_;
General WatervvorkV Coi^f

Glen Gery shale Brick

10-15

Gas &

25c

preferred (quar.)
5.20% preferred (quar.)—-

Gold

1

(quar.)4—.44—_r—.—-—4.

State

12'Ac

5%

preferred

Tea

Ndrtlxcrn

7-17

;

Indiana—

$2.00

Telephone Co.

11-

50c

common

(A.

Nortex

9-18
8-28

8-15

8c

4

1
1

7-

preceding table.

9-15

split)—1———-

common

Manufacture

York

7-30

93^ic

—

preferred (quar.)
$2.50 preferred (quar.)

1

From

<■'*

—

General Telephone Co.. of

10-

(quar.)_4aJ—

Co.,

Over-The-Countcr

2 V2 %

Telephone Co. of Florida—''
$1.00 preferred (quar.)
$1.30 preferred (quar.)
a,
$1.30 preferred B
(quar.),
:_44
$1.32 preferred (quar.)

2

7-31

$1.50

split),
—*—
common!—,

dividend—1

3.75%

7-31

1

15

.

9-

1

(quar.)4_—4__-.4_—_

shareholders

Common

(N: Y.)—

General

5.10%

8-14

20c

pfd.-(quar.)

8-

8-

dividends announced in previous
weeks and not yet paid. The list does not include divi^dends announced this week, these
being given in the

8-27

9-

—

the

Nielsen

7

9-15

10-

30c

2c

General

7-10
7-

Below

8-11

9-11
9-15

22'Ac

(quar.)—

(quar.)—

Aeronautical

New Bedford

6-15

7-31

25c

Corp, (stock div.)

8-26

July 9 to approve a two-for-one split

National

7-31

6-30

30C

Frasct- Brick & Tile (quar.—

-

8-15 "

7-20

4.

62 Vac

Machinery <fe Chemical-—
3%% preferred (quar.)
-

Utilities

15c

22'Ac

(quar.)————

(3-for-l

preferred

National

7-27

5c

—

7-10

$1

(initial quar.)„_44T_4__4__

Yates-American

J*

20c

Metal Products,

Biscuit

a

Food

Co.

Southern

Aberdeen

of

7-10

8-14

15c

Thc.^initijal;j'4il4-—

Public

7%

5%

dividend,,—:

General

8-

(quar.)4—.——4-^—4

preferred

Stock

8-1

1V2 %•

-

Federation Bank & TTrust Co.

conv.

8-20

'

8-17

30c

2c

^

(quar.)

5%

.4 30c

i'f

7-10

9-15

15c

July 15 closing price)
Corp., common (quar.)

Iron

Stores

Wisconsin

6-24

$1.75

oh

$1.50

,

Company,

6%

fractional

of

8-10

25c

preferred

W1nn-Dixie

Corp.—

Power

Special

t$1.75

"

7-15

25c

$1

i

Co._^

(quar.)__„____a.___
preferred
(quar.)^_
Westmoreland, Inc. (quar.)

7-15

6-30

(quar.)4L_—4,—

(2-for-l

preferred

National

7-13

$1.50

(quar.)—_
preferred (quar. >_
Fate-Root-Hcath Co.
(quart)
!)F.awick. Corp.^(s-a,)447:__.._^_'_i_4-4^i-'-7_-

Gabriel

7-13

1

15c

6%

\

8-1

25c

"(quar.)———4_———

Clemens

:j:30c

Palstaff Brewing, common

Stock

7-2

Mt.

tl4c

______

7-30

'

5.20%

preferred (the 17V2C pay¬
previously reported here payable
July 1 has been rescinded
by the

,

Penn

lieu

Window

Montana

31V4c

;

(quar.)

——

(quar.-)-

preferred

Fibercraft,

6-20

the

on

Stec-l

preferred

2nd

in

5%

10,c

(quar.)—4:
4.—
Elliot-Automation, ordinary (initial)
Empire Milhvork Corp. (stock dividend)-,
paid

20c

B (quar,)_,f.—
(quar.)

Co.

Common

6-30

1

7-27

39c

..Economy Auto Stores

be

5

7-17

37'Ac

4.

(quar.-)iT_jr__

based

7-

7-15

1

8-

52V2C

-

;

will

3

7-

40c

East St. Louis & Interurban Water Co.—
!
6% 'preferred

shrs.

15-

7-15

25c

(quar.)-

East Kootenay Power, Ltd.—
7% preferred (accum.)—

(Cash

6-30

7-24

15c

1

security profits)—
bupuis Freres .Ltd., class A'(quar.)
\ 4.80%
preferred (quar,)_—
Duro-Test Corp., 5% conv. preferred

V,

7-17

(quar.)_——A—

common

Cqmpany

National

1—

1

cents from

(quar.)

7-31

62'Ac

(s-a)

Po,wer Co., 4.40%- pfd. (quar.) —
4.66%
preferred (quar.) 4__4_——
Mississippi' Power & Light Co.—
4.30%
preferred
(quar.)4———
4.56%
preferred
(quar.)4___„—
Mississippi Valley Public Service-

New

(initial)—

Light Co.

common

13Ac

Mississippi

7

$1.25

-

preferred

7

7-31

Corp. < increased-quar.-)
Dreyfus Fund—
(5 cents from net investment income and

Stores,

7-31

w

_______

Dover

Eagle
6%

7-

100

Dodge Mfg. Corp. (Indiana) common (quar.)
,
$1.56 preferred (quar.)

5

8-12

:

M&rine"Insuranc'6

company).
Middlesex
Products

8-10

3-

10%
"

(quar.)

&

Western Light fit

ment

Co.-—

common

&

1

8-17

17 Vac

(quar.)

Coal

$4.60 preferred

convertible

70c

lieu of

(3-for-2 split)-.::

Co., new

Salt

Maytag

share

each

in

$2 pfd.

(initial)—^4_'_

dividend

Delaware

7-

,

pfd.

5%

Turbine

common

Sicck

Viibiss

for

he' paid

(ouar.

Laval Steam

New

De

(One

—•

Davenport Water Co.,
Daystrom,

7-29

10c

'

preferred

Cash

Crown Cork fit Seal Co. Inc.,
#

De

9-

75c

Gc

div.)

1

50c

(c-a)

(year-end

shares)

preferred

on

87 Vac

15c

convertible

5%

Shares held.
fractional

Co.,

preferred

Miami

62 Vac

(stock

6-25

7-10
7-15

(quar.)___:___4___

Inc.,

9

(Marctis) Theatres, Ltd. (quar.)——
Lone; Star Brewing" ("quar.)4—4—-—
Loomis-Sayles Mutual Fund___—————

1

8-14

Service, 5(4. pfd. (quar.)—

Petroleum

9-

20c

Continental Insurance Co.—
s
Stock div. (subject to approval June 29)—*
Transportation Lines (quar.)___

Craig -Systems,

1

60c

FuniL

preferred

7-

Loew's

9-12

A,/'

Angeles

Corp.—

Bros.
Co.
(quar.)_-^_„_44444
Washington Gas Light—

8-10

—

9-12

10-

_____

V

Warren

8-11

1

preferred (quar.)—'
Link-Belt" "Cd.A < quar,) —:■—4—1—

7-31

10-

Continental

Crescent

8-16

t20c

Participating

6

$1.75

Ltd. fincreased quar.)
Royalties; Inc.—

Consumers Public

7-

ll%c

quar.)__

(qtmr.)__

Stock

6

$l83Ac

Conduits National Co.

Consolidated

7-

7-13

$1.06 V4

Commonwealth

9

7-16.

17 Vac

__4_,;_~lL__4_„

$4.25 preferred

7-

St. Louis Ry.

&

'7-15

9-10

5%

•

Bottling Co.

7-17

25c

-

a__

6-23

$1

7-31

1

9-

Lewis,Bros., Ltd. (quar.)—4———4-—
Lincoln Telephone & Telegraph Co. (Del.)—
Common (quar.)

4-..

preferred (quar.
Cleveland & Pittsburgh RR.—7%> regular guaranteed
(quar.)4
.4%' special guaranteed (quar,
Coca-Cola

5%
Leslie

1

'

25c

5%

8-15
8-

5%

—•

(quar.»

&

preferred

Gas

4.32';

7-15

7-

Bank

Cincinnati.

Common

7-31

:-.44'4___:4-_

lire

Creamery Co.

2nd

Laclede

6-15

7-15

Electric Corp..(quar.)
(N. Y.V (quar.),.„

fic

Gas

Manhattan

%quar.j———4*

Heintss, Inc.

&

7',

7-15

15c

_________

Chase

7-27
7-31

20c

j

3

•

6-15

28 Ms c

California Interstate Telephone (quar.
Canadian Canqerp,. Ltd.. clasp A
<quar.)____
•Case (J. I. ) Co., 7.4 ufd. i quar.)
6*A% 2nd preferred (quar.).„.

1

quarterly

(

Krogei; Company, common (quar.6%-1st preferred (quar.)—4——^4

7

25c

..__,.___.A+4.:_.'

■

Central Hudson

7-27

1-

30c

lnc.4.%

V.

7-15

25c

(quar.)

Burgess Viorocrafters,

Inc.

Knudscn

7-20

(quar.>4:

Inc.—•

Inc.

Kennametal,Inc,'v (increased)^—.—4,—.
Ketcinun & Co.
(quar.)^__"4—,——
Kleincrt < I. B.) 4Rubber Co." (quar.

7-20

(quar.)_„_

Brewing 'Co,4-4__4__4_

1

7-31
7-31

'

Ine.___;..

7-

4.

Materials, common
preferred
(quar.)
5A%
preferred tquar.)
6'A % preferred (quar.)

6-23
8-

—-

Kansas. Citv

7-31

55c

Corp., common
convertible preferred A

Services,

x

from net investment income)—9c
Mutual of Canada, Ltd.—^—.
$8c

.

Jack

7-15

$1.12'A

(quar. i

Products

Diversified

Ironria,

3

7-

8-20

7-31

$1.12V2

(quar.>_t'4.-_-__:;,_.mi____,._

/„_____.

8-1

10c
30c
'

tquar.)_—4'

Investors

8-20

+25c

(quar.)_%___

9-15

37VaC

7-31

$4.50

(quar.

(quar.)!^___i„d„_

preferred

4'A.%

8-24

9-30

iquar.)___

1

8-31 "

1

8r?4C

4

6

7-

.

Co.;-common

6-29
9-

(quar.)„—

Investors Mutual Fund,

6

1

(California)

Vulcan

7-15

3

'

Ayre.f (L. S.V fit

7-17

7-

1

7-

7-15

Arnold Altcx Aluminum Co., common
(quar. )
35c convertible preferred <
quar.)_.___
Atchison. Topeka & Santa Fe

Ry, (quar.)'—
Atlanta fic Charlotte Air Liiie Ry. (s-a)__-__
Atla,s Steels, Ltd. (quar.)„„_^_l;..._;i__'
Avco ■ Corp.
(quar.i44„__44:44:-4__4:__ 444_4;__

Virginia

1

7-15

.

12 'Ac

Mills

8-31

8-

8-

1

8-31

8-31

9-15

7-24

1 4

8-

5c

7-24

121aC

,

Imperial Sugar Co;
IngersollrRand Co,

7-13

8-

$1.12 V*

(quar.)

9-15

25c

Hydraulic Press Brick Co. \( quar. )_i_4%—-4

9-15

10c

(annual)—

Construction

25c

%■-

4_—:

Co.

7-15

$1.25

preferred

$1.50

Corp.

1

(quar.)—_
4—:

A

:

Co.,

8-

10c

i_„

Aircraft

7-15

50c
75c
lntsrchc-mical'Corp., common (increased)—
35c
4Va
'preferred ,(quarf)4^—_4_,_44__.—$1.12 V2
International Business1 Machines (quar^)^,^.—
50c
International Utilities Corp. (quar.)—4—^.4—
25c

.

Holder*

Payable of Rec.

10c

.

preferred series 1955 (quar,)
preferred series 1956 (quar,)L

4%
Utah

60c

(quar.)————

pfd.
4_'

$5

—

5%

7-15

8-

50c

(quar.)_„
(quar.4444__

preferred

8-

25%

(initial )4_4__4_____

Co.,

30c

Share

(,quar.)___^—

Co.,

_4.

Oil

1

8-

quar.)_44_„4^_i4w_t4_4-~T-^--.--.-.-.: $-006'Ac.

Production

Gas

Bagley

4%

7-15
7-15

8-20

50C:
■

1

.9-10

28c

54

dividend

t

1.

9-15

<

•

Extra

9-10

14c

,

1 •'

(Steele

Corp.

1

10-

+$1.25

quar.)

American-Marietta,

♦

1:30c

(quar. }4___44

Co.

B

Hirgoton
10-

+15c

4

;

_

Mfg., 55c preferredv( guar.
prior preferred

American

.

_

Steel Co.. (quar.,)__44J

Acme

1

1

Gas

Coach

United
88-

fit

Monthly
Monthly

Union

,

Class

.

Oil

Trunk-line

'

Fund

Common

<quar.)_

Lighting' & Power Co.—
preferred (quar.)_
_4_4
^,4——$1
Factors, class A (quar.)
412V2C

$4

1

■

Hubshman

Acadia-Atlantic
„

preferred

Houston

Per

Aberdeen

Allison'Co.a._~_44

<S;

4Va%

•

-

Name of Company

...

'

.

fractional; shares)

ously announced, but which have not yet reached their

of Company

8-18

(quar. )

Hbover Ball & Bearing Co. (quar,).
—~
Stock dividend (payable in cash in lieu of4.

follow with

we

Trico

30c
$3

Ilooven

grouped in two separate
all the dividends an¬

are

indicate

we

during the current week.

second

'a

the

When

Per

Name

Payable of Rec.

Share

|

Holders

When

Per.

•,

of Company

Holyoke Water Power

8-1

7- 9

$1.02'A

8-

1

7-

9

$1.08%

8-

1

7-

9

7-

0

t

12

The Commercial and Financial Chronicle

(56)

Atlantic

Refining Co.,

pfd. B

3.75%

8-

93 %c

(quar.)

7-

1

6

2%

Class B (stock dividend)

7-10

6-30

(Tulsa)

Quarterly

—'!

Nichols 'k Co.,

__

vestment
tion

of

"B"

Fund
income)

1

7-14

740

3

7-

in¬
7-24

7c

:

net

Common

3

7-

M

I

A

Series

6-10

7-10

6-26

22y2C

Inc.

__

pfd. (quar.>__

6-26

7-31

6-30

7-31

7-10

7-15

Cincinnati Gas

%-2-6

8

15c

—

(quar.)

8

7-

$1.50

dividend)—

(stock

Baldwin-Lima-Hamilton

7-

22>/2C
5 Co

_____

preferred

(quar.)

$1.50

10-15

preferred

(quar.)

$1.50

1-15-60

Baltimore

Transit -Co—

de Andes.

Banco

Bancroft

•*...

:

-

American shares.

(Joseph)

&:

Sons

Barber-Ellis

Co.

Ltd.

7Co' preferred

iquar.).

7-20

6-25
6-25

Colli»s Radio,

7-20

6-25

Colonial

7-20

6-25

(extra')---—

-

•

1

4

li-

1

7-31

Combustion

7-15

Binks

_

Boise

Cascade

Borg-Warner
3%%

Corp.

Corp.,

preferred
Co.,

Bond

4.10%.

Brown-Fovman

Stock

Budget
60c

Burroughs Corp.
Burry
Bush

Terminal

Business

Men's

Mfg.

Byers
7'Cc

(A.

Co.

M.>

8-

1

I

Consolidated

Laundries

7-31

Consolidated

Mining

8-U
7-31

7-10

Canada, Ltd.

California

Electric

California

Consolidated

Natural! Gas

Consolidated

Paper

7-15

1 -

6-22

•

7-15

7-

1

6

7-10

'

6-26

(quar.)

Campbell

Red

_I

7-15

A

6-26

Lake

Continental

Life

7-15

Continental

Motors

Controls

7-29

7-

9

7-20

7-31

6

6-19

•

7-

Southern

8-

3

7-14

7-

8-

1

8-

1

7-17

7-15

6-30

Canadian General'

Ltd.,

(quar.)

—

~

fquar.f

(s-a>————
(quar.)_

6-15

8-

-

Co.

Caterpillar Tractor Co.,

7-15

6-30

7-15

6-30

preferred
of
one

7-15

8-15

7-

6-10

$$1.15
t$1.50

2

7-15
10-

Ltd.

__IIII

ZT"!
I
I_Z_~_"

8

7-31'

7-

2

7-lji

7-

2

7-25

7-10

7-25

7-10

9-10

8-20

3-

7-10

9-

1

1

Ekco

A

Class

8-

7-10

1

Transit

C.

6

6-25

Elastic Stop-Nut Corp.

7-

6

6-25

Electronics

10-15

10-

1

7-15

6-30

7-15

6-30

7-31

6-30

£933ic

7-F5

6-15

9-

1

8-14

9-

1

8-14

£20c

8-15

£75c

87

£l5c

7-15

1

7-

8

51c

8-

1

7-

C

51'/2C

8-

Dallas

1

7-

8

4%%

1

7-

fi

5%;

7-

8

7%

preferred

8-

1

7-10

Employers

1

8-14

Enamel

7-15

4

Ero

preferred

6-30

37'/2C

7-15

6-30

$2.50

$1.25

7-20

7-10

$3.50
Denver Union Stock

7-20

6-19

Detroit

8-10

$1.05

3-10

7-20

25%

7-15

6-25

Canada

4

Fabrex

9-

4

Farmers

$143

10-

1

9-

4

7-31

7-

8

25c

7-31

7-

8

8-17

8-

6

8-

1

7-22

Diebold,

Inc.

(J.

Dividend

National

8- .1

7-23

Federal

Paper

6

&

Sons

4.60 Co

7-24

Class A

3

Class

common

7-

3

5%;

9-

5c

Dome

Mines,

Ltd.

B

preferred
preferred

Dominion

Bridge,

Dominion

Craft

New

7-31

6-15

7-10

6-30

9-30

9-

9-15

$2.25

7-20

7-

Fine

8-28

40c

7-15

8-

1

7-15

8-

1

7-10

First

8-15

25c

12-21

12-10

(quar.IIIII

11.25

.9-21

9-10

5%

(quar.)

$1.23

12-31

12-10

5Co

5%

9-30

Fabrics,

2nd convertible

9-29

7-

7-15

7-15

(initial

9-

Corp.,

1

7-

8

7-30

9-18

6-19
7-16

7-15

7-

1

7-

1

7-31

7-16

8c

7-10

7-

7-27

8-

1
1

$1

Custodian

7-24

7-10

1

8-14

1

8-14
7-

9-

3

8-

3

8-

\

62%c
$1

(quar.).:

25c

12-15

12-

1

Class

income)
jv-

—

—

of

tax

8-

1

8-

1

7-

6

7-

6

7- 2

45c

7-15

6-29

65c

7-20

7-

7-16

6-23

7-16

6-23

'2

75c
30c

8-

1

7-

3

7-24

7-

8

8-

7-10

S-

7-10

8-

1

9-

1

9-

1

3-10

8-24
8-24
7-

2

2

8-19

7-20

7-10

9-

$2.75

7-17

6-2Q

25c

7-15

7"

1

9c
3%

7-15

7-

1

+30c
10c

7-31

7-15

12-31

12-15

7-27

6-30

'

7-

9

6-24

15%,

10c

8-15

8-

1

11-16

11-

3

12%c
5%

*—

(quar.)

(stock dividend)

_—

7-31
7-15

7-17

7-

1

7r

1

75c

AA

(R.

E.)

-3-

1

7-22

$3

Co., class A

7-15

6-25

8-

1

7-

6

Gardner-Denver

8-

1

7-

6

15c

6-

1

7-22

(quar.)

20c

fquar.)

—20c
1-'
50c
—
$1

Co.

9-12

9-

1

6-30

8-

1

e-

■

co

preferred

I

9-11

my2c

7-30

6-30

General

Mills,

?.20c

General

Motors

8-25

7-3T*

7-15

6-30

+44c

10-15

9-30

$43c 1-15-60

12-31

$44c 4-15-60

3-31

$5

U5c

8-

1
1

7-15

Inc.

(quar.)

Corp.,

$3.75 pfd.

(quar.).—

(quar.)
^
General Products Mfg., Ltd., diss A
(Stock dividend)
redeemable
of

8-14
7-

6

9-

1

8-11

8-

3

7-15

$1.25
and

7-31

6-30

7-14

6-30

8-

1

7-15

10-

1

7-29
8-10

9-17
7T

8

'7-10

8-

1

7-10

8-

1

7-

6

8-1

7-

6

B

(Two shares of non-cum.

pfd. stock

class A

75c
933ic

or

(25c

par)

for each
r-15

class B held)

7-15

8-

—

preferred

shave

^37 (2c

(quar.).

(quar.)_

Common
(resumed)
10c
6% conv. preferred (quar.)__;
75c
General Baking Co., common (quar.)^.__—15c
$3
preferred
(quar.)
$2
General Bakeries, Ltd.
(quar.)
L_—£7V2c
General Dynamics Corp.
(quar. )
50c

9-18

tlOc

Co., common

7-15

General American Industries—

8-28

7-15

4%.

Company

25c

,

0-22

7-15

'7-16

20c

(quar.)

Refining

Fuhsten

8-15

LI*"

(quar.)

7-31

7%c
56y4C
20c

3%

Ltd.

Gamewell

2y4c

7-10

6

7-10

9-

25c

-

6-30

7-

7-15

6

7-20

6-30

7-31

10c

Fuller Brush

(quar.)—

(from earned
(stock dividend)

Company/—,
Mexican withholding

Company

Frontier

6-30

7-15

2c.

3

•

6-30

7-15

Funds-

making net payment of 8%c)
Realty Co. (quar.)

Frito

6-30

7-15

+12%c

Quarterly

3

9-

—

_____—

Friedman

1

$2

:

series

stk.

Cos.,

(Less

7-15

35c
35c
a2%%

dividend

Stock

9-

40c
-

,

Fresnillo

7-15

(quar.)

Franklin Electric

Eraser

18 c

8-31

7-15

25c
25c
$1.25
$1.25
$1.37%
50c

$0.2136

share plus this dividend

per

Corp.

7-10

9-

50c

9-15

'

at

B

6-19

i2y2c

6-29

issue
1

Motor,

7- 3

$0.00625

Aug.

on

B

7

.M.

8-21
6-30

7-15

Wallace—

k

7-24

7-15
7-

35c

Entire

preferred.

redemption

for

Common

7-10

93%C

9-15

1

9-

12%c

(quar.)—

(initial)

Fram

7-10

8-

1

7-15

Machine-

voting (quar.)
non-voting (quar.)
Ltd., 4V2% pref. (s-a)
Fort Wayne k Jackson RR.—
5%% preferred (s-a)
Foster-Forbes Glass Co., com. (quar.)
Foundation Co. of Canada, Ltd. <quar.)_

7-10

$1.06

10-

$3
25c

20c
50c
28£ic

12%c

Bank (N. Y.)
(quar.)________

convertible

Class

6-15

1

— —

common™

k

B

Ford

6-30

8-

1

8-31

$1

—_______

(quar.).

(initial)

$15.60

6-30

7-15

9-30

15c

Francisco)

(San

Co.

City

Ltd.

A

Forbes

A

$1

(quar.)

8-14
8-14

10-

SI

Rubber

Gear

called

4

12-

common

A

Insurance

k

National

5.%.%

1

9-24

2%

common

9-1
,9-1

$1.183i
$1.25

50c

quar.)

Corp.,

series

Class

6

7-

12-24

/

preference (quar.)—

1

6-15

—

A__

Corp.,

9-15

\j 7- 8

;

Ltd.,

(Marylandi

—

Bros.

9-16

$1.75

Ltd., common (resumed)
non-cumulative preferred
(quar.)
non-cumulative preferred
(quar.)
non-cumulative preferred (quar.)

Dominion

......—.—:*——

Fund

Tire

Fluor

9-10

8-11

m]mm

—

Inc

Boston

Class

7-15.

1

2

.

:—

(quar.)—
(quar.)
Acceptance Corp. (quar.)—_—_

Firestone

9-

—___—_

(quar.)_

Quarterly

1

4.0-

j..

(quar.)

General

Fireman's

6

8-

$1.05

Dairies,

I

(quar.)—

E

preferred

Arts

10c

25c

—______

(quar.

common

Financial

4

93%c

:

Ltd.

7-31
7-

7-15

25c

—

common

A

Fidelity & Deposit
:j:4c

—:

7-15

6-30

—_____—'
(monthly)
(quar.)

Fiber

$1.13

(quar.)

7-15

7-15

_

8-21

4

20c

shares

1

8-17

(Syra¬

6-19

7-21

£8c

income)

Beneficial,

8-

12V2c

preferred (quar._c
Federated Department Stores
(quar.)

5c

fro

7-15

6-30

5,/a%)

6-19

7-15

$1.31 Va

32c

(qu

7-15

1

7-31

-

Assn.

(quar.)

common

7-

7-25

Dodge & Cox Fund—

9-10

6-30

prefjnwbd

7-20

$1.12%

Co.

1

8-

7-31

—

(quar.)

Board,

8-10

First

(quart&rly

7-1

8-

FederalJgjjjHBees Finance Corp.
rWl^hington, -D. C.) —

5%.-

_

Stores

Inc.

7-15

1

—

ii-

Insurance

Mortgage

50c

(initial)—

(quar.)

S.)

Shares,

vestment

9-21

7-15

Federal

30c?i

23C

$1:19'

cuse, N. Y.)
(quar.)
Federal Insurance Co.

8-20

37 (be

*

___

8-5

9-1

tGViC

(s-ai—

3

$10c
£5c12%c

—

Life

Traders

&

Franklin

Go.

3

7-

'

(increased)

Printing
(initial)

Corp.

8-25

:$i.3o

—

Yard

7-

7-15

75c
60c

—

(quar.)

25c

50c

Tunnel

Ltd.—

(irregular)—

50c

Dillon

50c

Textile

9-

1

7-20

m

Fabien

7-24

8-20

150c

"

3

7-

—

Products

1

6-19

75c

to

Heating Products,

Class

(quar.)

7-

7-15

$3.50

(N. Y.)
(quar.)
Associates (qvar.)__.

Class

Corp.—■
1st preferred

—_—.—

—

10-

Doming Company (quar.)—
Dennison Mfg., class A (quar.).
stock

i

7-15

40c,

(quar.)

Manufacturing

10-

Dana Corp.,

H-amway

3

a-

15c
;.

A
(quar.)__
preferred
(s-a)—

$1.12 y2

-

3^4% preferred (quar.)
Dayton & Michigan RR., 8% pfd. (quar,)_.
Rubber Co., common (quar.)_
Class A (quar.)
—
Dejur-Amsco Corp.. class A (initial)
Class B
(initial)

7-

6-30

(quar.)

7-10

(increased)

'

Evans

7-15

673%

Dayton

7-15

1

1

50%

(s-a)

Group

-

k

Extra

•

5

6-

17'/2C

(initial)

(quar.)
preferred (quar.)

8%

G2%c

7-15

1

Denver

7-20

(quar,)

!

50c

$4.24

k

Co

6-12

7-15

Light Co.—

debenture

preferred

Class
7-15
8-15

J_

0-19
_

£2>/2c

—III

9-

$40c

-

preferred

!____

preferred (quar.)

1

*0C

3-

3-

$1.12,bi
25c

conv.

8-

Dairies-

k

of Amer. (quar,).._—

Emhart

Foote

class A

—

dividend)--:

8-

—

dividend

Power

(stock

55c

$1.25'

1

6-30

7-15

Communications

52 >/4C

60c

(quar.)

7-

20c
5%,
v22%c
50c

quar.)

preferred (quar.)
Mfg. Co.
(quar i
Empive District Electric Co.—

7-6

1

class A (ttquar.)

6-30

1.

II"

four held

6%

88-

:

System,

Crystal

Stock

(increased

7-

America—

(quar.)

Electric

Products, 'common (quar.)
preferred (quar.)

4%'o

«

50%

preferred

6-24

7-21

$1.75
$1.50

„

(qtiar.)_:

Inc.

7-

Corp.—

(quar.)

A

Sault

Edison

12-

50c

(s-a)

3

7-15

15c

Laboratory

17y2c

1st

Candy.

Daitch

Central Kansas Power Co.—




of

Cutter Laboratories,
D.

Central of Georgia Ry. Co.—

preferred, (quar.)

Co.

£10c

(quarl)

I

7-

$1
10c

(accum.j__,

$1

(Toronto)

(quar.)__/___

(initial)

7-20

$1.04

(quar.)

Steel

Class

7-17

10c

(quar.)
(quar.)
B% preferred a & preferred b
8% preferred A & preferred b

9-15

473/2c

j

9-30

5c

Corp

Common

3

7-15

$1.50

dividend

Common

—

preferred
Curtiss-Wrighfc Corp.—

7-10

Trust]

Common

7-

37(sc

—

preferred

$1.75

-

convertible

Curtiss

1

£10c

(quar.)

5%-pfd.

3

7-31

2%-

(accum.)

pfd.

(s-a)

$1.50

(quar.)—-,.,-

preferred

5V4C0

8-1

£30c

__

Corp., common (quar.)—
preferred
(quar.)

5

7-

87V2c
$1.12%
40c

(quar.

B

Mfg.

12-15

6-19'

1

8-

$6

Echlin

Corp.—

Crucible

7-31

f37V2c
t$1.06V4

6-30

7-30

$50c

—

fquar.)

Zellerbach

$4.20

7-31

8-15

America—■

Central Food Markets,

Seal,

RR.

preferred

7-15

$1.12 Va

£$1.25

share for, each

6-

7-31

:40c
£933ic.

common

Corp. (Mel.)—
preferred A
(accum.)

52y2c

6-29

7-31

£$1.50

(quar

(quar.)_

common

.7-11

15c

(quar.)..

$1.50

Industries

25c

International

A

4V2C0

„

Instrument

k

Cork

Gas,

$7

$50c

(quar.)

Cork

15p

.

6-15

Eastern States

6-22

10c

Crown

U5c

Eastern

6-22

1

Stock

(quar.).

Crown

6-20

6-22

1

Economics

— .

Ltd.

6-30

tl5c

Cassiqr Asbestos, Ltd. (quar.)

4%%

Ltd.

7-15

7-28

1

8-

1

;——

receipts (final)
-h—

deposit

L.),

6-11

7-13

8-

8-

-

1

Inc.

1

137 Vac

.

Ltd.—"

Cos. Ltd;
(quar.)
Ry. (s-a)___I_—
Vickcrs, Ltd. (quatv)_
Capital Plastics. Inc
Carolina Clinchfield & Ohio Ry. Gtdl

8-14

Bakeries. Ltd.—

8-

Co.

7-20

$4

Canadian Pacific

7-27

1

7-15

de Nemours k Co.—

participating

8-

July 21)
(quar,}_

011

Crouse-Hinds

Crown

4%;

6-22

B

Class

Eastern

7-10

of

Co.

(quar.)
Company, 3%%> pfd,

Class

6-25

7-24

6-26

7-15

-

Canadian

5Co

7-15

$$1.25

Canadian Oil

Celotex

150c

40c

(quar.)___"!__I

preferred (quar.)_„__

Corp.

7-15

£8%C

"

;

common

Stock div.

1

$1.25

(quar.)__

7Vb%>
preferred
(quar.)
Canadian
International
Investment

4.20%

8-

7-10

30c

7-24

"

Ltd.

preferred

Pennsylvania

8-15

(quar.)—
Creamery Package Mfg. (quar.)—
——
Crossett Company, class A (quar.)

6-30

com.

1

9-

10c

(quar.)—'a

East

7-15

iR.

Crane

6-30

Investment,

Canadian Industries,

-8-

10c

—

preferred

6-30

7-

Corp.

$1.27'/a

I

preferred (quar.).

Celangse

8-11

8-15

Fairbanks-Morse Co.,
preferred (duar.j

I.)

Duquesne Natural

15c

Products

Grain

8

20c

American

6-30

8-20

7-15

Canadian

;

Insurance

$1.75

5%

"Extra

7-15

7-15

preference (quar.)
Canadian Drawn Steel, Ltd,

6-26

$1.25

^

(quar.i

7-30

15c

preferred series A (quar.)—
Corporate Investors Ltd., class A—-..—Corson (W. H.), Inc. (quar.)—.——
Courtaulds, Ltd.—

1

$1.50

common

Laboratories

(E.

8-15

(quar.)-—.——
Cornell-Dubilier Electric Corp.—

7-17

£15c

Ltd.,

9-30

7-10

25c

.

_

$4.50

(quar.)—g—.—

approval
Corn

7-24

28 %C

Railway Co.

6-30

30c

'

(quar.)-

common—

Co. of Canada, 1956 Ltd.,
preferred (quar.)...

35c

—

$5.25

$1.17 Va

com.

Ltd.,

& Bradscreet, Inc. (quar.)
Dunhill International (stock dividend)

Corp. of America (quar.)——
dividend
(subject
to
stockholders

Stock

6-26

8-15

I

Mines

7-31
10-30

2%

preferred

preferred

8-14

(quar.)—^

6-23

75c

(quar.)

(quar.)

Canadian Bronze

Ltd.,

preferred

1

(initial-quar.)
(increased-quar.)

Canada Iron Foundries,
Ltd.,
4 V4 %
preferred
(quar.)
Canada Life Assurance Co.
Canada

4%

40c

(quar.)_

com.

Campbell Soup Co. (quar.)
Canada Foils, Ltd., common
Class

(quar. »

4c

California Portland Cement

6-25

£25c

.

Dun

9

6-

2

6-25

10%

$3.50

6-30

8

7-

1

7-15

7-15

7-20

t6c

(quar.).

preferred (quar.)—

8-

£38c

common

new

7-17

8-15

$1.31 V*

conv.

6-30

25c

•

Fund'

Packing,

1

7-

$1.16

Corp.

$3

37y2c

7%.

California

8-

50C

__

preferred (quar.)—.————
$4.52 preferred (quar.
——:
Container Corp. of America, com. (quar.) —

6-26

2%

_

Power, $3 pfd.

7-20

28c

Ltd
(quar t——
Consolidated Water Co., class A (quar.)—i.

$4.16

6-31

7-15
7-15

$1.75

Oregon Power, common
preferred (quar.)
5.10%: preferred (quar.)_„.
$4.70 preferred (quar.)6%; preferred (quar..)——

1

8-

8:

Co.—

participating

dirBbnt

8-

7-

(quar.)—

(quar.)
dividend

Pont

Du

8-17

$15c

(quar.)__
(quar.)_^

Film

40C

,

preferred (quar.)——
Consumers Power Co., common (quar.K

6-15

8-

-

10c

California

60c

7-31

7-20

5%

Empire Trust Co.

Smelting

6-26

Craig Bit Co.,

preferred

8-15

9-17
7-

9-15

tl5c

A

Stock

4

9-

9-30
7-30

Fair-Community Drug Co.—

Class

7-15

2%

(quar.)_

—-——

7-

31c

_

(quar.)—

(quar.)_____
Mills. Ltd.—

1

8-17

£$1.75

(quar.)

___i_

Industries,

—Drug

9

7-17

3-31

Ltd.—

Co.

Cliemical Co

Draper Corp.

1

,1(4C

————

Corp.

7-15

America—

.

Corp.,

7-20

8-

12c

—.———

k

(s-a)

7-15

60c

(quar.)

10-

.

.

3

12-18

(N. Y.)

Co.

7-10

25c

:

dividend)—.:
of

7-

Lomason

Dover

Dow

7-

7-31

$25c

Dover

.

7-31
,

25c

25c

(quar.)

dividend

"$1.37 y2

preferred (quar,—

Cooper-Jarrett,

Cement

1st

5Co

$1

(quar.)

Co.

9-15

7-24

$1.25

(quar.)———;
preferred (quar.)—.:.
$2.06 preferred '(quar.) —T$2.00 preferred (quar.)
.—
$2.20 preferred (quar.>._,—
——~

Consolidated Edison
,

15c

common—

Calgary Power, Ltd..

Cenco

7-10

37V2C

$1.50

5%

7-10

1

15c

(quar. i
Co.,

Caldwell Linen

6Co

1

15c

Industries

Calaveras

60c

8-

10c

Extra

.

,

6-20

8-

(quar.)__;

45c

(stock

Assurance

preferred

CMP

9

3%

__

Stuck

7-24

2 y2 Co

$4,50

(quar.)

;

1

8-15

Chemical

7-10

£25c
J31l/4C

(quar.)_...______

(quar.)
_j
Textile Co., Ltd., common

preferred

Douglas k

4%

,

$2.04

8

55c

Semi-annual
Butler

79-

£26c

—it-

Co.

1
1

7-10

preferred

6%

;

(quar.)

25c
•

Quarterly

8-14
7-15

&

3- ,1

$50c

.

_

(quar.)

Donnacona Paper Co., Ltd.

8-14

$1.12(2

prcfrred.

$2

6-19

8-

£35c.

(quar.)

Biscuit- Corp.—
convertible preferred

$1.25

7Co

9-15

1-1-60.

Coal. Ltd.

Ltd.

6-30

Ltd.—

._

Dominion

10c

——

(quar,)—

<quar.)
Life Assn. (Toronto)

93%C

Ltd.* (quar.)

Co..

Co.,
l

Tar

6-26

(monthly).

Common

a

20c

r

Mills, Inc.,.
k

10-

$1,183/1

1

25c

preierred

42 %c

(quar.)

(quar.)

common

preferred
(quar.)
Bullock's, Inc., 4%
preferred
Burrus

9-19

10-

15c

6','r

Burns

1

Corp.—

preferred

7-15

10-

preferred (quar.)———
Connecticut Light k Power—
$1.90 preferred (quar.)—
——-—.—.

6-2!)
8-

7-17

UOc

.....

Plan,

9-30

$1.20

Corp. (quart)
(1959) Ltd.—

dividend

Finance

convertible

7-10
8-15

70c

Ltd

Distillers

C

0-12

8-14

7Co

$1.06

preferred (quar.)—.
Union Gas Co. (quar.);

Brooklyn

.-6%

6-17

50c

Power

Canada

6-17

7-15

12 %C
-

(quar.)—

com,

Quarterly
—
—
Conn (C. G.), Ltd., common- (quari)__

87'/2C

—

.

Bridgeport Hydraulic (quar.)
Bristol-Myers Co., 33i Co preferred
Brooke

7-15

15c

(quar.)—;
(quar.)
4.78%
(quar.)__
Bourjois, Inc. (quar.)
__

British-Columbia

7-10

75c

_

common

11-

7-15

<quar.)_

Electric

Ohio

Engineering inc.

Confederation

7-13

25c

preferred
preferred

Mines

6-30

-

7-20

£25c

(quar.)

Boston

7-15

5Va%

7-31

30c

(quar.)

lb25

Concord

tlOc

(quar,)—.

common

4

Compo Shoe Machinery Corp., com. (quar.) —
Natural Gas, common - (quar.)—"

6-30

6-30

$1.25

(quar.)___„;

Bralorne-Pioneer

7-10

7-15

55c

(quar.)

Stores(quur.)

Edison

7-17

7-15

W*

—

Borman .Food
4.25 %

6-15

1

25c

com. (quar.;
(quar.)-—,
—_—i——_

(quar.)

9-

7-23

preferred (quar.)
5.25 C<> preferred (quar.) —
;—
Commonwealth International Corp. Ltd

7-15

8-

5c

Hats, Ltd.,

Mfg. Co.

11-37

9-24

of cash)

.4,64%

7-15

%50c

—

Bloch Bros. Tobacco, common
6%
preferred (quar.)

10-

12-17

7'/2%

Commonwealth Edison Co.,

i.

Co.

10-23

1st preferred

non-cum.

Columbus & Southern

7-15

20c

dividend)—

A

37^0

Co.—

Coirnnbia Gas System Inc. (quar. 1
Columbia Pictures Corp. (stock dividend)—

6-30

7-15
9-

4%

$1.25

Water

7-

5%

6-25

8-

50c

(quar.)

common

7-23

Du-Art

7-15

/Linoleum

"

Dominion

3

37'.aC

6-26

7-15,

.

25c

Monthly

Colorado & Southern Ry.—

6-25

&

Dominion Steel &;

7-15

(increased)

Supply

Fields

Dominion Stores,

liner.)

6-25

30c

— —

preferred

7

45c

7-31

7.

£50c

class A (quar.)

Biddelord '&

$1

7-

$1.50

7

7-

+$1.75

;

preferred (quar.)
6% preferred (quar.)
Bestwall Gypsum
(stock
Biltmore

1

10c

8-14

7-

75c

5%

Saco

8-

&

Oilcloth

7-15

+17y2c

r

Quarterly
Doininguez Oil

7-15

12c

£50c

—_

iquar.)_:

common

(quar.)

Metals

6-24

?12(?2c

(quar.)

Monthly

$1.25

(stock dividend)——

common

Finance

preferred

Ltd.—

'

—

Belmont iron-Works (quar.)....
Bensonhurst National Bank (extra)

.

87 '/2C

and 1956) <quar.)„
Colorado Central Power
Co.
(monthly)
Colorado Credit Life Insurance (reduced)—.
Colorado Fuel Lk Iron, common (.stock div.)

$3

(quar.)—;
Hardware k Mfg. Co.—•
preferred (quar.)
Telephone Co. of Canada (quar.)

Berkshire Gas Co.,

7

pfd .(series 1947

5%

Belknap
Bell

7-

37'/2C

•'—-

7-20

i.80c

Baystate Corp.
4%-

1

$1.25

(quar,)—

preferred

$4.50
■

Coleman Engineering Co. Common f.stock div. in lieu

$3

-

(N.

Bathurst Power k Paper Ltd.,

3

$1.75

—.

__

Y.r (quar.)—.
Canada Ltd.

of

6

$1.06

1-

participating preferred (s-a)_
Trust

8-

15c

(quar.)...-.
Ry. (s-a)—
Illuminating, com.

$1

preferred (quar.)
preferred (quar.)
a—
Bankers Securities Corp. (Phila. )—
6% cumulative common^..:
'
Barber-Ellis of Canada,

87 \'->c

Co.

k

50c

(quar.)
a

% <%

Bankers

5

Mahoning

k

Electric

Cleveland

6-25

7-24

12%c

___

7 Co

$3

Clearfield

7-

7-14

11c

Mark

Clayton

7-

7-22

25c

—____

Bangor Hydro-Electric Co., common
4% preferred (quar.)—'—
4

6-30

37ySC

preferred (quar.). „—
—:——4%% preferred (quar.)
—
City Investing Co., com, (s-a)._:—
—

12-31

preferred

Ducommun

8-

———

4%

9-30

6%-

enable of Rec.

Share
Steel

&

Dominick Fund, Inc._»
Dominion Glass, Ltd.,

G-24

7-15

fi-30

6%

'7-15

8-15

(quar.)
—
Products (quar.)
& Electric, com. (quar.)

Molded

Chicago

4VzCo

30c

preferred

7-24

8-14

$1.12 Vz

w~—

A

45c

.

Baldwin Piano, 6%

«quar.

(quar.r

20c

7-10

4%C

(quar.)_1————
preferred (quar.)___^.——

_

Baker Industries,

—-

Common

CJorp. (quar.)
Backstay Welt Co. (quar.)

Foundries

Dominion

Corp.—

Common

Series
B

1

9-"l

7Co

in¬

—

(a distribu¬

dividend of iOc from investment income)

a

8-

Dominion

6-23

8-

75c

Chesapeake• Corp, (Va.) (quar.)
rr—
Chesapeake. & Ohio .Ry,, 3Va% pid* (quar.)
Chesapeake & Ohio Ry.
3V2C0 conv. preferred (quar./_
Chicago, Milwaukee, St. Paul & Pacific RR.

7-14

7-15

25c

37'/2C

tquar.)_

security profits plus

Electronics Corp.
from

35c

1

10c

—

8-

30c

-—

from

(quar.

5%

1

-

income)

Chenango k Unadilla Telephone
4Ct'o preferred (quar.)

7-14

1

8-

7-10

8-1
'

pref. (quar.)——— ■—
Fund, Inc., new (initial from

vestment

Holder*

hen

Per

Name of Company

Payable of Rec.

20c

conv.

Chemical

7-15

1

„

1

Houghton

8-

30c

comtqpn.

dividend

Axe Science k

1-15

5%

—_____———

$1.20 conv. prior preferred (quar.)
•Automatic-Steel Products, Inc.Axe

1-15-CO

$3

7-15
10-15

Inc.—

—

;• Stock

7-15

10-15

25c

(quar.)

:

Sewing Centers
Stock dividend

Atlas

Austin

25c
25c

Life Insurance

/Atlas

Monday, July 6, 1959

.

,

(quar.)

Utility

Champion Spark Plug (quar.)
Champlln Oil & Refining, common

6-30

7-10

Share

of Company

Public

Central

2%

Atlas Credit Corp., common (stock dividend)

Same

Payable of-Rec.

.

Holdert

When

Per

Holders

When

Per

Share

Navie of Company

.

(Continued

on page

46) *v

6-30

Volume ISO

Number 5861

.

.

The Commercial and Financial Chronicle

.

(57)

Stock Record

New York Stock

Exchange

DAILY RANGE OF PRICES

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY LISTED STOCK

Range for Previous
Year 1958

30% Jan
437a Jan

13

102% Jsm

Lowest

40% Dec 29/

3
'7

7

*

Tl7a Nov 20

NEW YrORIv STOCK

Highest

40(4 Jan

47'A May
8
78474 Apr 28

597a Feb

9

112% Feb

18

20% Aug 26
497b Oct 24

18% Mar 26

231

Jun

477a Jan

2

66 % Feb

19

2

2474 Nov 18

15% Jun

29"

237a Jan

Abacus

3

37% July 15

2

14

Jan

14% Jan

3

134

Apr
a

3

29% Oct

14

26

Jan

2

20% Jan

2

297» Dec

31

2774 Apr

S

6

33% Oct

9

39u

2

61

82

Oct

1

97

7

Jan

2

19% Dee -29

24

30 % Mar

24% Jan

197a Jan

Nov 11

Jan

Jan

2

17 (.» Jan

28

-

33

Jan

9

Jan

common

preferred

100

Vending Corp

.25

Acme

Steel

Co

11'A Jan

2

Jan

72

Jan

4Va Jan

30

30
9

Jun

30

7

19% Jan

2

23 Va Jan

2

34

Dec

80% Nov 24

77% Jun

10'% Dec 30

2

Nov

13

280

Jan

21

160

Dec

29

14 % Apr

2

33

Dec

30

28

93

Jan

29

Jan

2

11

32% Jan 28
44% Jan
7

Dec

12

96

16

15% Oct

6

72% Apr 29

96% Oct

7

49 % Nov

2

Apr 18

12

Dec

100

Jan

14

12% Feb

13% Apr
102

16%

16%

167a

31%

16,000

32%

32 %

327i,

28%

28%

25,700

28%

287 a

4,000

57

43% Oct

Jan

2

10% May 19
35% Jan
2,
74

Jan

27

Jan

26

55'/a Dec

9

5

10% Jun

17

52% Jan

11

5

Va

«

61% Jun

11

24

33% July

Allied

83% Mar 17

17

Nov

104

17

Jun

25

38% Oct

13

2

96% Oct

Jan

32% May

13

29

4

27
May 1
77% May 11

113

May 27

39 (/a Feb

25

Stores

52

21

42% Dec

11

39

Feb

12

44% Jan

7

15

47 % Jun

16

0

Amerace

114% Sep

17

83% Jun
32% Jun

25

56'% Apr
106% Feb

5

17

35% Apr

30

33% Apr
160'/2 Apr

9

14% Jan

25

25% Oct 10

2

85% Jan

9

34% Jan

13

125% Oct

24% Jan
118

10

44% Nov 12

Jan

42%, Jan

48

3'%%

Airlines

American

Bank

58

Jan

64 % May 29

29% Feb

33% Jan

2

47% Dec 16

45% Jan

39% May 6
54 % May 25

6%

Jan

2

22

20% Jan

I

19

Jan

2

19

7

7% Feb

13

41% Jun

10

Nov 11

3% Jan

2

20% Sep 22
9% Nov 17

41% Jan

2

52% Nov 18

37% Sep 11
2
39% Jan

Jan

42% Jan 21

36% Jun

10
2

607/a Jan
407/a Mar

24

51
Sep 29
47% Dec 19

47% Jan

45 % Dec

29'/a Jan

17

44% Dec

38'% Mar 17

44

84

3

'90% Mar

6

Jan

15

39% Jan

17

55% Dec

11

46% Feb

17

25

24

40% Nov 20

38% Feb

9

477a Feb

13

Feb

38% Jan

2

55% Dec

14% Jan

2

26% Nov 13

32% Feb

12

19% Jan

2

30% Dec

11% Jan

2

18% Oct 30

16% Jan

44

2

Jan

13

134

Jan

3

18

94

Jan

31

108

13

Feb

27

16

Jan

96

Jan

2

32% Jan
Jan

Dec

2

1

31

11

122

Mar 13

Jan

2

29% Feb 28

1%

18'%

18'%

56%

56%

57

42 >4

42%

11%

117a

42%

11%

11%

11

11'A

11 %

par

59*'%

60%

11%

59'A

60%

1,600

60

60%

60

100

61

77

77%

78

78

6,000

79

79

31%

32%

31%

5

10

100
10

1

50
1

1

100

Co

31

41% Dec

34.

*63

65

Oct

2

Jan

2

43

27'A Dec 22
2774 Jan

2

55%

57%.

5774

58

49'%

50%

50'A

51 %
40

*39

*86%

87%

EXTRA

6174

6074

50
Apr 17
55% May 18

American

Distilling Co

HOLIDAY

20

43%

43'%

61%

*43'%

43%

43 '/a

4374

American

437b

Electric Power Co

10

4374

48%

49

48%

49%

4874

49%

49

43

American

Enka

49%

403

43

41'%

8,600

42%

41%

4174

41

41%

10,000

45

Jun

29

Corp

4

American

34% Apr 15
18% Jan 22

American

Export

American

&

35% Apr

15

American

Feb

Jun

18% Feb
20% Jan
105

Feb

95% July
84

5

European Secur

Lines

Foreign

No par
40c

Inc

Power—No par

24
2

25
1

May 19

■

6%

non-cumulative

American

International Corp—
American Investment Co of 111

5'A%

prior preferred-

American

3.90'%

Mach

&

—1

100

preferred

100

30

American

Machine &

16

American

Metal

Jan

22

4%%

98

1

Fdry common—7

59% Apr
34% Jan

Metals_Nopar

Climax

Inc

com—1

preferred

100

6

53

1

American

Optical

3

American

Potash

21

American

Rad

ya July
647/a Mar

% Jun

4
26
1

152

18% Apr

Mar 17

7%

41

May

62

Jun

24

American

56% Feb

27

American

1

148% Mar 20
63% Mar 9
125

Products

2

25

——No par

Co

Co—

1

Chem—No par
& Std Sany com—5
&

preferred

8

1

39%

39%

30%

30%

30'%

30%

30

30%

2874

14

14%

14%

15

1474

1474

14%

*39

41

*39%

American Snuff

Co

25

common

6%

10'A Jun

4

17% Nov

6

14% Jan

2

3

2

37% Dec

5

61% May 21
32% Jan
7

46% Mar 13

13

63% Oct

13

60% Jan

74% Mar 17

46% Jun 30

61% Oct

14

53% Jan

7

603A Mar 18

39-

31

33

3

40% May

.*

2

84 V2 Feb

25

Dec

31

83

Jan

2

33

Jan

2

41% Nov

14

34

Mar

22

Jan

13

32%. Dec

5

30

Jun

Feb

90% Jan 20

May 31

all

other

6

preferred
:
i
American Sumatra Tobacco
American Tel & Tel Co
Tobacco

Preferred 6%

1474

*14%

43%

45
60%

43%
60%

45%

4374

4474

43%

4474

211,900

62

62'A

63

6174

6274
44%

10,000

60

29

6,40(1

15

1,100

41%
49%

42%

42

42'%

50%

51

52

52

53%

5174

53

46

48 %
15%

48

49

4774

47%

47'A

48 %

8,600

15%

15%.

1574

15%

1574

1574

29,600

15%

>£,142%

43

45%

44

5,400
7,700

4574
140

143

140

55 %
*123

140(4

55%

56%

124

30

*123

30'A

29%

*142%

143

-

141%
5674

57%

124

*123

57 %
124

29 'A

30

143

2974

*142',4

*38

57(4
*123

29

143

2,600
.

141%
5774

554

16,100
380

900

124

29J/,

9,100

69 fa

71% -

71

72

89

88%

89

89

89%

897a

89%

3074

307 b

31'A

3174

3174

307a

3274

4,500

30

3074

30'A

30%

3074^ 30%

31

31%"

4,890

.5

1674

1674

687 a
,

*17

69'A

69%

17%

1674

1674

11,900
2,100

16%

500

79%

79%

79 %

80%

80

81

807a

817 a

118,500

94%

9574

95%

9674

96 %

9774

97%

987:,

12,500

100

120%

120%

121%

1207-,.

121%

880

4974

503A

49 7b

50 %

41,900

14%

4,800

"

25

series—

Ampex Corp
1
Amphenol-Borg Electronics Corp—1
Anaconda Co
Anaconda Wire & Cable

50
No par

49%'

14

121

50(4

14%

120 %

4974

14%

121

50%

14'A

*27'A

28

*27%

26

*25

26

157 b

157b

777b
39 7

16(4

14%

14%

14%

27%

28

•25

%

27%

'.27%
♦25

*25

15 %

15%

15%

26

16%

16

80

75%

80%

7574

77%

«

40 7 it

40%

41

39%

41

62 %

62%

62'.8

64%

63%

647«

•6374

59

5974

58

59

x5874

59%

5874

39

39

39%

,

77'/,
38%

27%

.300

26

16%

787-,
40

647a

4,800
20,000

8,800
30,400

59

1,000

-3974

407b

3,700

Hocking Glass Corp—

Common

1

9

40% Jun

25

Anderson

36% Jan

14

AndersorhPrlchard Oil Corp..

24.

94%
29%

2974

1474

88%

1-25*

95% Apr

page

*93

2874

14%

25

Corp

4

set

94%

28%

14%

33%

common

23

footnotea

*93

28%

14%

67%

Preferred 5%% series
25
American Zinc Lead & Smelting—1

$4

94'%

29

14

25

7%

Anchor
29

*93

28%

307b

American Water Works Co com—5

23

94%

60

1

15% Jan
Feb

27,900

25

_1
com

6% preferredAmerican Viscose

29

26%

140'%

50% Apr 27

27% May 1
17% Mar 18

2574

141

129% Jan 20

12

26%

140%

100

16

15

25%

51,500

46

10

13% Mar 12

26%

38 'A
59

119% Jun

24% Jan

2,000

25%

58

9

26'AJan

:

457a

Jun

23

53%

81%

46

Co

15% July 11
28% Dec 29

53!

*80

59

Refining

27% Dec

5374

38%

American Sugar

6

53%

9474

45'A

American Stores

10

80

53'A

93

58%

American Steel Foundries.:

Jan

80

37

4

23(4 Jan

80

46

preferred

American

1974
101

95%

61

2

17

19%
*99

1,100
5,800

9374

37%

2

26

18

45 (a

Jan

Apr

1974
101

100

120

18

58%

July

187a May 18

10%
*99

•102
<,

2,900
5,900

1674

3674

72

89

26'%

*93

19%

18

33%
176

95

*79

54

25%

120

'17%

101

367a

200

3,700
11,300

53%

80

54

18

33

172%

17

01%
46 %

105

107% Jan

92 "a

*102

367«

2

20

19'%
*99

81%

120

41

60%

5

16

19%
101

87%
*79

3374

17674

70,300
1,100

30

30 7 8

31% Jun

75% Jun

*177ii

33
170

*1674

100

.14%

10

non-cumulative preferred_100
Amer South African Inv Co Ltd—£1

.13% Jan

*102

33'%

*39%

Ship Building Co—No par
Smelt & Refg com_No par

12

18

13%'
*99

32%

41

*142%

American Seating Co

7%

%

100

—-

Jun

Jan

2,400

40

Sugar

News

37

1,400
1,700

CLOSED

87%

6

4

STOCK

EXCHANGE

60%

14% Nov

11

37%

'86%

35% Feb




367a

55'%
50 %

*39

2

For

3674

55%
49%

62%

874 Jan

dividend.

367,i

56

87%

29

$149.87%

37%

55'%

39%

30

lEat

Co

200

59%

4

Dec

36%

13,400
16,500
42,600

39%

35'A Dec

100

37%

Natural Gas Co

90

*19

37 %

86% May 11

1

1974

17,700

19%
11%

American

Jun

27

45

American

Jan

2674
11 %

14

45

27%

*19

*86%

52% Mar 31

—.—

2674

267a

19%

59%

6

„

26%
*19

88'%

31 Va Jan

Jan

-

v

58%

43% Mar

227s Jan

19

400

11,500

*86%

16

40

27%

19

447a

18

26% Mar 26

52 7u

11%

73% Apr
467/b Feb

May 21

3374

527»

44%

7

139

34%

517a

*39%

4%%

45

18

33%

100

29% Jun

—

51%

—10

3

2

26%

.r

prior preferred

31

9% Jan

34%
50%

American Cyanamid-Co

Dec

26

50'%

1074

Jun 11

5

Nov

31%

3,600

64V4
3474
5374

44%

5

26

39

50%

*63

10%

Motprs Corp

54% Jun

134% Jun

64%

%
33%

48%

Crystal

35% Dec

2

*63

33%

65
34%.

*63

22,800

47

No par

Chicle

American

6

15

3374

-No par
com
10

Chain & Cable—

American

12

1197a Sep
25% Jan

34

44%

American

120% Jan

97% Dec

*3374

10%

;

American

60 % Jan

Feb"~2"f"

preferred

28

2574 Feb

7474

33%

31'/,,

1,600

155

44%

30

7

45% Dec

46

10%

25

July 16

105

46

33%

.

45%

44 %

*-1

9

30%
*14674

45%

4,400

10%

Molasses Co

Jun

30%
155

45%

25,900

43%

Metal

32'% Jan

30

30'A
*146

200

34%

34

1

American

13

297s Dec

307a
155

70

44

May 11
61% July
1

140% Jun

6

857%

38

50%
86%

25

common

38% Jan

May 12

44

-12.50

Radio Corp

&

Co

American

Jun

126

Cable

19

61% Nov

2

11774 Jan

20

22

,

24,800

49
40'%

15 % Jun

May 5
51Tb Oct 20

155

1

common

15% Feb

43

68

140

2
No par

32% Jan

14

49% Aug
8
16% Dec 30

34% Nov

30%

126,200

4974

3474

*140

4,600

36 'A

*3674-

85%

31

35%

50%

34%

250

53,600

10574

44

85%

'45%

35%

38

34%

1,800

35%

49%

87%

1,800

3,700

104%

44

49

18%

113

38

'

44'

33%

*33%

45 38 Jun

40% Nov

2

7
22

35%

-

8,200

79%
3374

33

36

86

151

%

*111
,1

104 %

337a

10

—50

49

35'%
101

87%

45'%

8

Apr
13% Jun
25% Feb

16

32% Jan

10

30%
*148

*42%

'

48%

18

58

13

86%
33%

:

18

2

48% Apr
3574 Jan

37%

43%

48%

120

35 V4 Dec

22% Jan

37%

37

*43

*102

69% Nov 17

157

35%

32%

114%

347 a

101%

preferred_100

2

144% Nov 26

35%
100%

Mar 30

2

2

35%

*36'%

31%
*109

357a

101%

35

100%

No par

common

32%
115

110

48% Jan

11% Jan

35

Mar 17

-20% Jan

34% Sep 12
33% Apr
\

*109

36

17%

27

18

167a Nov 21

2

114%

35'%

167%

Dec

3

Jan

*106

*78

*17

8

16,200

41%

166

92% May

30

20

18%

17'%

24% Jun

13

997%

11874

56

333%

1

99%

19%
117'A

24,100

19.

167'%

Apr

0

42

33%

8

59 7

57'%

*17

3

58%

41%

-18%

164%

19

9,700

56

18%

1

Jun

20

41

56

12.50

Jun

10

40

20%

No par

53% Jan

50,000

205

118%

Ice Co common

2

1274
102

*185

98

19%

117%

Hardware Corp
Home Products

Oct 20

Jan

98

19%

118%

American

19

10

8

100

19'%
116%

American

101

3

11

*98

19%

2

16% Jan

12

*97 7 a

200

119%

May 27

16

307a Oct

100

25

104

12%
102

18'%

177

80'% Jun

102

*97

9

85% Jun

17

Jan

11%
*97%
*190

12

41

17%

12

Feb

59% Nov 17

14

92

23

11%

Broadcasting-Paramount

American

May 29

12

20

42%

;

May 28

55% Apr

1174

14% Jan

Aug 27
Apr 21

Jun

Jun

2

28% July 2
13% Jun 24

21% July 28
111"

Jan

39

31

17% Nov 18

2

79

25

Sep 22

41% Dec

73
13

17

61

80

41%

preferred

American Can

91

80% Jan

44% Mar 17

15

3,400

80

53%

Co.

Note

Theatres Inc

2

81

*79

5,300

118%
18%

Bosch Arma Corp
Brake Shoe Co

5%

2

HOLIDAY

80

59

American

29% May 14
20'% Feb 11
14% Mar 18

31%

*78%

577a

American

13

7,800

80

58

preferred

American

EXTRA

57

convertible preferred

5

11

19%.

30' V

58%

common

Bakeries

37% Dec

19%

537s

12.50

American

66 % May 29

19%
30%

40%

No par

Sugar

38% Jan

33% Jun

30%

19%
30%

38%

Petroleum Corp
No par
Amcr Agricultural Chemical—No par

9

25

14

6,900

30%

19%
30 %

39'%

Corp

21

19% Feb

40% Oct

10,800

19%

38%

—

Apr

27% Apr
7
58% Dec 31

CLOSED

*30%

19%

39'%

convertible preferred

American

STOCK

EXCHANGE

31

30%
*78%

38

Amerada

Feb

El

90%
344

5

Amalgamated

53% Dec

6%

*334

5%

102

Aluminum Co of America.
Amalgamated Leather Co—•

Mar 31

8,100

5%

200

Aluminium Limited

15

62

31%

8774

5%

*97%

100

25,700

30 »A

186

1

4,900

25%

31

;

332

5%
30

102

Corp
Corp common—No

Jan

I

*327

5%
30%

1,400

2474

No par

Inc

Products

27% Jan

33% Jan

330

190

Co

33% Feb 21

Apr 29

5%
30

18

Alpha Portland Cement

36 %Jun 24
105% July
2

*322

102

4% preferred
Allis-Chalmers Mfg common
4.08% convertible preferred

2

88%

10

Mills

Allied

31%

87%

54%
120

No par

Kid

4

30%

1

Laboratories

Allied

14% Feb

30%
87%

190

Inc

Allied

24

51%
118

25%

100

Corp

21% Mar 20

Jun

42% Oct 31

Industries

Allied Chemical

447/8 Feb

26% Feb

111

1

51

120%

24%

No par

preferred

64% Apr 21

76

31

common—

50%
119

—

24%

86%

5%

■

50%
119%

297«

30%

1

preferred A
prior preferred

23%

330

5Vb

100

Allied

82% July 28

2

Allen

1

May 14

*322

30%
19%

5

Allegheny Ludlum Steel Corp
Allegheny & West Ry 6% gtd

8

uiy

Inc_

common

convertible

117

23%

2

conv

6%

2

30 Va Dec

60% Jan
22

123

39% Jan

15% Jan 21

6

22% May 19
91% Jan
2

20

2

16

48% Jan

13

10

Jan

Jun

$4

116

2

preferred

5%%

17

100

1

Corp„.

Alleghany Corp

17

593 8 July
102
Apr

Inc

4%%

29

44% Apr

92

Dec~17

36% Jun 12

Jun

pfd 1951 scries

Gas

Alco Products
Aldens

206% Apr 30

18

27

8

May 11

160

conv

5,400

28%

Industries

J

Alabama

May 11

12

9% Jan

July 31

80

4.50%
A

30

2274 Apr

9

16

91

Jan

26

.

li91

30% Jan

Apr 22
6*2 Mar 19

51

32

87%

35

49%

31%

29%

328

100

5,000

50%

28%

85%

207s Nov

2

14

315% Apr
3% Feb

6,100

22%

49%

„

22%

*49 %

No par

Air Reduction Inc common

3

-

22%

28%

32

29%

91 % Mar 10

16

124

22

5014

30%

1

3

31

*120

-

28%

23

797a Feb

July

16 %

115

83% Nov 21

Dec

16 %

1

13

Dec

15%-

5

49 % Jan

5

50%

72%

Shares

43%

71%

-

49%

Aeroquip Corp

34

50Vu

15%/16%

*43%'

—-—

124

50%

Addressograpli-Multigraph Corp

33% Mar 30

297

*119

22'%

Admiral Corp

2

3

124

22

2912 May 11

/237a Jan

2

72

the Week

1

18

8

43%

-71%

50

lo

25% Nov

2% Jan

*43%

72%

*118

Friday
July 3

No par

i,

28

247a Jan

43%

11%

22%

8ales for

Thursday
July 2

*43%

120

PRICES

July I

21%

1

Adams Express Co—
Adams-Millis Corp

16% Jan
19374 Jan

120

1

ACF^JVrigley Stores Inc—,—

June 30

*43%,
43%
-707a_ 71% J

5

ACF Industries Inc

12

June 39

1

convertible

ABC

15

May 19

125

4%

Par

Fund

Abbott Laboratories

AND HIGH SALE
^ LOW
Tuesday
Wednesday

,

Monday

EXCHANGE

NOV 24

120

J

STOCKS

...

Range Since Jan.1

Highest

Lowest

preferred
Clayton & Co

-6.25
No par
21.80-

10

33%

'39

*91 %

94

91%.

91%

♦91 %

93%

*91%

92%

20

39%

40

39%

39%

39%

3974

.'397-,

401%

4,100

31 %

32

31 %

3174

31

3174

'31

31%

6,700

39

13

14

The Commercial and Financial Chronicle'.

(58)

.

Monday. July 6, 1959>

.

NEW YORK STOCK EXCHANGE STOCK RECORD

2

Jan

15

44% Dec

49 Vb Feb

11
20

Feb

25

7

67 V* Dec

4
19

64% May

7

.,77 Vi July

12 Ye Feb

10

24% Dec

31

23

7

30 Vi Feb

22% Jan

17
5

'

2

39 V* Dec

Nov

3

90

Apr

7

22% Sep

3% Jan

8

27% Sep

May

May

29
2

46

9

23

Jan

"l9'/4

12

6% Jen

27
2

25% May 15

19

Jan

2

10

31% Feb

8

10% Jan

11
2

94 Vu Jan

May

105

Jan

96

67

17% Jan
28 % Apr

30

44

5

Jun

57

13

Jun

10

107 %

46

';;

46";;

46%

46%

Shares

47%

35 7,

35%

261..

36%

87

87

3.600
1.500

74%.

75

75

75':.

74%

761 b

76 Vi

77 Vi

20.4G0

27';:

27%

27%

27%

27%

27%

26 L;

27%

31,200

i

45%

45 %

45%

45%

•45 7

jj

45".;

78%

78%

%8'i

79 %

76 %

78%

*78%

79 Vb

20 %

21

21

21

21

"21

21%

»580

Industries

Inc

2nd preferred 61.50

Common

...:—:

i

11".;

12

23';;

25:l.

22

21';.

22

35

35

35

35

35

13%

13%

13%

14

14 Vi

55

.

121;;
247

21%'

No par
——5

56%

35

12 '

lb

46

5,800
190

12 vi

11 %

12%

5,100

25%

25%

251

2

26 Vi

8,100

(21%

21%

21"

4

22%

14,200

35 V5»

35

35%

1,000

14 %

14

14 Vi

9,300

a

-

l

-

....._

102

•

_1C

103

"75 %•

100

5.25 d'
1st preferred—.
Associates In ves tin en t Co.

2

20;!

11%

common..l

Series

'

24

2.50

..

& Refining

Ashland Oil

26

31% Jari

46%

-5

~

ASK Products Corp ......
Associated Dry Goods Corp

Mar 31

83% Jan

the Week

Friday
July 3

45'

Arvin

40% May 19
14% Jun *13,

71% Apr 24

19

Dec

Feb

100'

-46% Nov 19

Jan

29

3

Dec

July '!

10

.1.

—

.

9

34% Dec

25

i

—

11% Jun

10% Aug

Feb

15

Sales for

Thursday

46%

a

35'

...

Co_————

•

PRICES

Arnold Constable Corp —,5
Afllobm Industries Ine*-—/-—1.

7

Mar 16

23

Corp

SALE

July I

Armstrong Cork Co common:...—
1
$2.75 preferred
/.No par

May 25
Apr

22

23% Jun

27% Feb

Armour &

24

86 %

35% Feb
77 % Jun

20

Steel

Armco

2

HIGH

Wednesday

June 80

35

46"

Argo Oil Corp

39% Apr

80

Jun

—No par

Archer-Daniels-Midland

40% Jan

35

AND

Tuesday

Monday
June

Par

5

2
16

43% Jan

41% Aug

22

YORK STOCK

EXCHANGE

Highest

Lowest

Highest

NEW

Jan.1

Range Since

Year 1958

29

LOW

STOCKS

|Mf« fM Prerlona
fewest

-

55 '4

55

102 hi

102

55

3514

STOCK

55%

1(3

102",

76'',

767,

76",

76'

80%.

30 1 i;

30 Vb

30%

31

30 >4

31

10

10

10

44

44 7;

44'

11

CLOSED

76 •'%

4

://l-7

EXCHANGE

103%.

76

/

6.700

~

101%

76

200

800
\

■!..

28% Dec 31

2

17 y« Jan

9% Jan

28

18

97, Jun
39% Jan

23

10% Dec

2

«9% Jan

27% Jan

10

41% Nov 10
92
Feb 28

86% Jan

8

27% Jan
34
Feb

25

78y4 0ct

29

90

July

8% Aug

8

«% Jun

23

2

17% Aug

5

15% •Jun

16

Jun

30

7% Jan

2

16% Jan
12% Aug
•% Jan

8

28% Dec

19

21% Jun

9

6

29% Dec

30

2

11

25% Apr
10% Jaii

29

137/s Dec

Atlas

20

84% May 5
24% Feb 16

27

5%

Atlas

27 Vi Jail

84

*82'.:,

53"

i

587,
45"ii

46%

preferred

—,..100

79%

79%

x78%

6%

6 7:,

15%

*15"',

6%

1

—

157,

—_;2o.

*81

.20
/No par

19%

20

*23%

24

common

.

__/

7

17% May 25

Avco

Babbitt (B T) Inc

16,600

.

%

10

45'b;

.45%

45:%

14,100

78%

78%

79 Vi

230

87

581

"

-

,

6 %

(>•''„

85

58%

59

j

59

6;7;

67,

*15%

16

15",

80%

81

81

%

19%

23,600

82
20

20';

20 Vi,

20',

15":,

1

'

i

500

;

'*.

800 '7/.

//-

/

r

1,300
7

*23 %

24 V,

22 7:

23

32';;

33%

34:;i,

34'

4

357,

34%

35 %

14**;;

15'..

14-9,

15%

15 Vb

15%.

15 %

157;

23

*22%

7

3,600

6-7,

16

20

7

300

0

32%

3

_

HOLIDAY

.31

81

<;2

*84

53,400

45%

79%

Co.—————

Corp

8 i

59

47 I'd

EXTRA

731

84

53%

Conv prior pref ($1.20)——No par
Automatic Canteen Co of Amer_2.50

1

44

46%

common..

Austin Nicliels

13

35% July

45%

..No par

...

...

.

preferred
Powder

97,

*44

.——10

Refining

Corp

16% Feb 11

10% May 27

19

25% Dec

*82 Vi

10

97;

44 Vi

common

preferred

$3.75 series B

3

8% Jan

2

68% Jan

1...—.100

10

44%

Atlantic

17

86 % Mar

6% Jan

72% Sep"22

preferred..-.10
Electric Co com./—6.50

Atlantic Coast Line RR

1

14% Jan
17

4%

u

Apr

9%

non-cumulative

5'/c

Atlantic City

15

29%

—~——10

;

62 % May 25
•

-i

Jan

Common

58 %

17
24

78'

■

4

Apr

92

24

47'% Feb

15

Jan

47

43 % Jun

53% Dec 30
13

.

10% Mar

2

82% Jun

45% Nov

2

Atchison Topeka & Santa Fe—
15

200

14,400

%

67,700

B

10% Nov

21

7

12%

34

Jan

20

30 la Feb

9

41% Jun

1

Babcoek &

2

15

Nov

3

13% Jan

6

10% Apr

2

Ealdwin-Liiria-Hainilton

6

45

Nov

<6

43% Jan

8

49% Mar 11

3% Jan

9

Jun

24

9% Jan
34% Jan

26

105% July

95

Sep

4

85

Dec

18

22% Apr

Feb

95

Apr

92% Jun

3

Jun

Vi Jun

8

4%

89

48.% July

9

2

48% May 27

64% Oct 22

51% Jun

30% May

7

23% Jan

25
9

4

52% Jan

8

167/8 Jan

6

45% Apr

8

58

Dec

Mar 24

23

.

.

n

Jan

36 Vb

10

27

Feb

9

Dec

23

28'/2 Jan

2

52

3

9

44

Jan

2

51

Jun

178

Jan

23

190

95

Jan

5

May

3% %

6

Jan

9

104

Jun

5

2

20

Dec

29

13% Jan44 2

28% Jun

40% Dec

19

36'i Jan

7

74% May

6

83
May 22
30% Oct 29

80 % Jan

13

84 i

9

28 % Jan

2

36% Oct® 2

•35% Jan

9

3

Jan

2

May 19
28% Jan
2

44

Dec

31

36

10% Jan

2

13% Dec

17

13% Jan

25

Feb

100 % Mar 26

Mar

44% Apr

66

Jan

1% Feb

1% Oct 13

36% Dec

6

36% Jan

13

54% Oct

Oct

2

159% Jun

12

6% Jan

2

15% Dec
76

143

5

May 14

2

12 % Jan

5

Jan

12

Best .&

1

Co

2

Bethlehem

Feb

11

Inc

3514

35

35%

53%

53%

53

53

25%

26

26

26'

55%

56%

55' i

55"

56

561 b

56 Vh

56«b

35

84

35 Vis

35%

36

35%.

36 1

49

47%

48

4 7 "4

47':;

47

47%

3,400

.'50

50%

501:.-.

51%

51"

51%

52

2,000

7%

47
49

Steel

preferred

100
1

18

Inc

19

Bliss

2
8

60% Jan

6

78

Nov

21

7(1 %

Feb

10

37% Feb

9

39'/a Dec 31

25% Apr 23

Jim

■46 lb Jan

5

•

5

85

Jan

16

76 % Feb

3

43 y« Jan

2

60 % Dec

31

59

Jan

6

7% Jan

14

17% Oct

24

10

Mar 26

15% Jan

3

32% Oct

23

21

Jun

30

27% Jail

(

Jun

23

85-

Jan

49% Dec

31

49% Jun

18

59% Jan

30

1Q% Jan

8

42% Jan

17

GO

Dec

19

57% Jan

6

46% Dec

12

53% Nov 21

47% Jan

2

30%

19%

20%

19 %

19-

,

20 Vb

9,000

38

14

37:4

38

37%

37";;

37%

•3 7 7»

27.500

Corp.

5

311 i

31%

31

31%

31

31%

31%

'31 'b

2,200

81%

2,100

42'

4

43

42%

43

42%

43:%

X42%

43%

17,300

100

•78%

.79

79'a

..25

61';;

preferred
Edison

&• Maine

5

,

Co

.

..

Corp

on

33% Oct

3

28 % Jan

29

35% May 28

13% Jan

2

20% Dec

8

30

Budd Co

78 % Jun

10

8

94% May 27

l

37% Jan

2,1

Jan

2

24V« Jun

18

20% Apr

8

63

Feb

25

Apr 10

68% Jan

'2

preferred

12

78 Vi Oct

17

76% Jan

13

17

34% Jun

9

4E>,% Mar 18

7

28% Dec

2

24% Jan

5

35% Feb

22% Jan

10

40% Nov

'6

34% May

5

40

3% Jan

15

8%' Oct

14

8

Mar 10

20

Jan

6

39% Dec

54

Jan 21

Byers Co

98

Jan

9

108% Dec

7% Dec

10

26

19

38

Jan

9

16

109

Jan

5

29% Jun

3% Jan

Jun

15

6% July

20 % Nov 21

18

Jan

5y« Jan

12% Dec

31

10

Mar30

35 %t Jan

50% Not

12

46%Jun 26

14 y2 Jan

20% Nov 24

19% Jan

2

90

5

83% Jun

26

30

81

Jan

45

Oct

27

50% Jan

7

47

Feb

'13

36% Jan

JO

37% Nov

19

37

Jan

9

21% Jan

2

31% Sep

19

28% Jim

16

47% Jan

6

66

Dec

30

62% Feb

3

For

footnotes"

see




page

24.

437,

44",;

52 '

8%

87,

52'

87,

87,

617,

017:

''017;

62 %

123

-

124 7,

124

124"',

*81

.

83%

5

5,700

123

124

83 V

*81

'83%

*81

83%

x51

517,1.

52 "b

52%

52%

17 Vb

177;

17%

17%

65 7 b

657;:

67

67

.67%

400

104

101

104^,

41.700

*29%

■30

30

30

33%

34

32",

33%.

12,100

27%

29%

29%

40,500

*92:%

93%

*66
'

i

27-';;

36 Vi,

102'4

i

28

*92%

95'b

36 V b

"

36'«
23%

22 "b

23 VH

16

33".,

27 Vb
,

30

32".,

.

'36'1/i:

16;,4

21 Vb

21%

22 3

t

297:;

28

93'

93'

66"

I-

100%.

100V%

97

100

.

•66 Vi

101

*74%

a

28T'i
*92"

4

53%
.

17 *7,

700

1937b

36

36

36%

36",,-

217;

22%

21 Vb

227,

257b May 12
13% May 18

55% Jan
217a Jan

15

-89

Feb

11

51/ Apr
44% Jun

22

32% Mar

16

1

15%

16%

15%

16 %

16';,

16%

5.600

21V

V

217;

21 %

21 Vb

21 Vb

21%

58,300

74

Vb

73

73

73%

74%

176

e

74

75'V

67%

*66

*80 Vb

*66

67%

*66

82

*80%

82

*80 Va

35%

35 51

35 %

37%

37%

38%

36%

377;

27

27%

26 7

«

26 7 i;

27

27

26%.

267,

37 %

37 Vi,

37 V4

37%

37 V j

38

38%

38%

1,000
1,800

5%

5%

3,300

44%

400

15
5

■_

51

r

'

.

114%

30

30

44

44

43%»

*42 ?,b

*113%

5%.

5'b

5%

io

common

3

67% Mar 23

Packing Corp

5-

Callahan Mining Corp
Calumet & Hecla Inc^

1
5

Campbell Red Lake Mines Ltd
Campbell Soup Co
Canada Dry Corp common
$4.25 conv preferred
Southern Ry Co
Breweries Ltd

Canadian

Canadian

Cannon

Pacific

Mills Co

Ry

!-

82

67%

*8C%

1

;

1

67%

82

*66

participating preferred—_10o

Canada

100

1,100
12,900

5

Butler Bros—.;

California

1,800

100

2

31% May 27
9/4 Mar 17

3,700

100

Bush Terminal Co—

t

3,400

124 7,

123

800

5,200

61

617,

>17%

i

pref

(A M)

9 7,

517

5
com

preferred
second

9

62

61%
*817

,

9V„

87;

17%

33%

Burroughs Corp__

7%

.

1,900

50".,

'

5s

24

8,200

44 14

51 Vb

-

5%
43

5%

*43

43

1.14%

*113Vb

114%

114

114%

307,

30

30%

30%

6%

6%

6%

6%

6%

6%

8,100

22

22%

22%

22%

22 Vi,

23

22%

•nr.,

8*000

11%.

117:

11%

11%

117:

117,

2,500

5,200
5,600

30%

..

•

;;

1

11%

1.80

46%

46%

46 V'2

46%

46.%

47%

477;

47"4

_1.66%

21%

213

a

21%

21%

21%

21%

21%

21%

No par

83%.

83 Vb

*82 Vb

'

47,

47%

'41%

42%

*41%

25

29%

29%

65

65

85

29%

*34%

-.

*82 %

85

*82%

85

48%

*46

No par

No par

2.000

30%

6%

C%

117.

—100

56,700

40

114

•

2

9% Jan

May

114;%. Jun

4Vb%

7

44 "i.

52%

3.50

l

Butte Copper & Zinc

5

Mar

3 Vb %

4

44%

*51%

15%

43%.
51 Vi:

16

32%

—

43% Dec

67,
May
83 Vb May

157,

17,600

1

62% Dec

.

,

16%

16 Vb

437',

ic

8

Mar 10

21 %

15 7„

—5

Inc

3

62

11%

21

30 '4

:

64% Jan

Mar 26

11

21 Vb

5214

—No par

27% Apr
16% Mar

56

11%

217s

297,.

Co—.
Co

16%

*11'.2

16

—No par

Burlington Industries Inc
4%

f

600

117,

17%

Co

Watch

r

2,800

21'.,

51",,

—No par

common

preferred-

Bulova

50

•62%

117,

100

Pipe Line Co

Bullard

2iVfi July 2
80i!4 Apr 10

78V„

62 V»

21

437-

......

Bucyrus-Eric Co——

2

„

15

26

$5

61%

778 VH

62

*70%
,

1,500

21",

.50

—10

Bigelow—.—..

Buffalo «*Forge

62%

23

„

12 7.

ll7.

2.50

common...

Brunswick-Balke-Collcndcr

May 14

4

79%

Gilt;

3

—..

—

Brown Shoe Co Inc

2

4

"78 1

61%

*217,

100

.

[
convertible preferred

Brown

,

RR—
_No par

preferred

3:,4% preferred—
Brooklyn Union Gas

20% Apr 80
701 i Feb 27.

27

2.900

81

25

13% Jan

'•

19"

,

80",

Buckeye

14% Jan

3,500

307-,

297,H

20%

80%

33% Mar 16

15% Oct 30

307,

297;.

19%

81

6

70

10,000

80%

28 y4 Jan

2

3,500

53'4

30%

2 9 V-,

69%

52%

81'..

10

28

190

69%

52%

ib

87 V:

15

Dec

9% Jan

51

71

69%

51%

.

29 Vb

—

30

9% Feb

69 Vi

50%

68

j

80'. b

Co

13

16

671

51V 4

177,

22% Jan

18% Sep 29
16% Dec
3

800

11,100
•

17 %

Bristol-Myers Co

19

17'/a Dec

,

22 7

4%L

21

G
2

2

142%

17%

29

Jan

141%

23

Oct

10

142

50%

2.50
Airways Inc
L5
Bridgeport Brass Co common

126% Jun 26

11% Jail

,

142

17%

13

Jan

141%

2 2%

•3 y0 Jan

19% Jan

*141

17";;

Briggs <N' Strati

90

136.500

22%

24

32% Apr

58',4

17"

63

•

56%

22%

2

10

56%

18

26% Jan

31

56

23

Briggs Manufacturing Co

24

56 %

17",

22

Oct

6,700

56

_/

12% Jail

90

391

397,

5

9% Sep 25

33 % Dec

2,500

39%

39%

1

,

2

2

37.600

174

1.%

1%

40

2.50

5% Jan

Jan

1%

39

Vi

63%

Braniff

8

104% July

3,800

89%

3r!

.

1

—

Common

17% Mar 13

34% Jan

8,500
10,400

22'.:;

5%

44% May 25

27

HOLIDAY

49

10

—_

—

53% Jun

Jun

EX^RA

26%

49

a

33

,

6

83

77%

26

49

38 V;?

141'

13

Mar 13

76 "4

26

39%

141 Vh

33% Jan

Jun

CLOSED

94%

76'

,

1%

i%

1%

100

45'% Jan

92

1%

i

13

82

49

561

10

i

18,300

25'.4

2ft %

55%

3G%Oct

5

25%
49

common—8

48% Aug 11

Feb

*92 Vb

EXCHANGE

7614

76"

.

;

i

-94%

*92%

3,000

10,300

*48 V b

76'4

257

b

39

12.% Dec

68

94%

j

48 V

75 1

:•

6

11

*92 1

38:"i

33% Jan

Dec

74

38'

27% May 21

78

72

38%.

—

Boston

18

72

STOCK

1

3%%

6

44% Nov

66

367s

& Brass

Boston

60 Vi Mar 17

8% May 12
40 % Jan 13

68

1

Borg-Warner Corp common

81-% Apr 24

2

197,

.16%

Borden

5

13% Apr
6% Jan

11% Jan

19%

3,300

16%

20

38

•

Eook-of-tlie-Month Club Inc—1,25

2

74 y2 Sep

2

16

19%

40c

W) Co..———

-Bond Stores. Inc

1
21

July

(E

Bolin Aluminum

May 14

44% Apr 20
•

38%

16

;•

94%

48

_

—._.._r

Boeing Airplane Co

5

24% Apr
19 % Jan
81,%

377;

38',

16:fj;
20 1.

67

68

1 peso

,

Bliss & Laughlin lnc__

21

,

Vb

38

16

19%

16
19

Black & Decker Mfg Co.—2

30% Jun

Jan

38

38 %

Blaw-Knox .Co

9

16

37 7;,

70

1

July

15

20% Jun

150

88

2

71

53% July

Jun

6

4,600

41%

83

17% Feb

18

39%

40%

82

17

24 % Mar 31

Oct

39

41%

8^%

11

Dec

39 'i.

*40%

•

16%

18% July 28

22

39%

40 V-ii

84

a

17

26 y2 Dec

19

3917

407 i,

82%

1

2

83

38 V,

*83'.

lo

25 %

150

16",

2

2

13,600

82

6

10 % Jan

1.1,500

61 %

82"

23

14% Jan

28 %

601 b

Vb
83%

16%

Jan

35:j

28

62

16%

36% Jan

21% Jan

28%

61

82%

53

10

27%

63 V;,

.

16%

28

22% Oct

28%

41

5

96%

60 Vb

;

39%

_1

*95

95

81

37 % Oct

2

84

41

.

95

95

•

: 9'.

*92%

208

198

16%

2

59% Dec " 9

14% Jan

*83%

5
100

*198

29,500

27%

62

6614

208

1,400

201

28 %

61%;

19 %

»

800

81

3

July

2

30

•21'a

16

;

200

3,900

,

190

96

1

"36

a

95

93%

—,

351

i

Bigelow-Sanford Carpet (Del) com_5
4%% pfd series of 1951——100

17% Apr
.83

2

58 % Oct

*

195

186

..l

...

30

25

53

x

'

—

Jan

34% Feb

%

50

(Del)

Jan

34

*

bs~l

Co

36

July

84

par

12.50

;

Gypsum

600

2,5 V-;

"34 *9;

;

2.5c

pfd

preferred
Eenguet Consolidated

Mar 23

35

63' b

63%.

63

02%

63%

•;

54

common/-..
—/

Co

23% Jan
13

30

34,500

24 V.,

7—_

S6

12% Jan

400

46%

25%

5%

Best wall

155

1,800
*'

83 %

48 Vb

53

Bendix Aviation Corp—_
Beneficial Finance Co common

1

43% May 28

9

21.200

■

53

——

preferred

58% July

70

9

Howell

4%%

3

41% Apr

*34.%

62 1

63

5o

Belding-Hemimvay

May

6

12

,

Dec

4%.%

&

23% Mar
Apr

94%

12,800

%

83%

47%

46 Vh

46%

45%

46

11,400

24%

—

Bell

4

62'

—10

Corp/—/////''

2

18

Jun

(A S)

Beech Aircraft

July

52

46 1 b

46

Vb

16

94%

83

—

Aircraft Corp

17

140

Beck Shoe

Bell

49 Vi May 11

14

83

—_

89:

36% Jan

2

83

Beech-Nut Life Savers Corp

18

34 Vi Jun

23% Jan

83

..

Beckman Instruments Inc

2

16

Jun

84

100

29

16

Jun

48

*83

:

95

24

12

94

prior preferred——100

74 ;

50% July 21

Jan/' 6
ft Jan
2

....

43% Jan

27% Dec 24'

74% Dec

10

18y# JaxilN 2
45

common

Beaimit Mills Inc

26

Feb

conv

24% May 11

24
.92% Jan 13

Sep 22

93

4

93%-

•

15%

10%

46

387,;

_.._lo
_10

Beech Creek RR

58 % Apr

90

95

—...

16% Jun

26

95

9%
15%

1

—

40'%'Apr 23
j Apr 10

May 28

19

23% Aug 27

95

—100

common

4Vb.'/ preferred

42

5

14% Feb

29

preferred series C

Beatrice Foods Co

Aug 22

18

94

Baytik Cigars hie/..No

174

73% Jan

100

i

39 %

15%

46

2
15

93

.

45*%

—

3

16

46

Bath Iron Works Corp
Bauscli & Lomb Optical Co

Jan

10% Jan

45 Vb

.

127

18 Vh May

45%

:

2

July

47% Sep

45

,._No par

preferred series B..~_

Barber Oil Corp
Basic Products Corp

27

July

Dec

31

16%

lioncumulatiVe preferred—100
Bangor <% Aroostook RR
1

27

36

39

15 :;

38 V

18

4'.'o

6

Vi Jan

7

16% Jan

33Vu Jan.

20

30% May 11
66% Fob

10

38%

16

9%

9

...

Corp

"

64

-

97,
38%

10

9%

39

_.lOo

Co

A; Ohio

10%

4

15%

1

%

Wilcox

Gas & Elec com

Baltimore

2

40

% May 19

34

Jli

66

1,

63y4 Nov 13
48
Oct 29

45'% Apr
29% Jan

Baltimore

4%%

•

Jun

61

8

5

30

41 Vi Feb

6

Jun

101% Feb

10

83

21

45% Oct

7
7

8

*46

48 %

*47

42%

417,

41%

29%

29%

29%

65

64 v4

64%

50

48%.

160

413s

41%

200

29%

29 Vb

13,000

*64

65

400
i

t

Volume 190

Number 5861

The Commercial and

Financial Chronicle

(59)

NEW YORK STOCK EXCHANGE STOCK
RECORD
Range for Previous

stocks

Year J 1>58

'

Lowest

r

Range Since Jan. I

Highest

10% Jan

2

301s Apr

Lowest

19% Dec

8

7

41% Dec

13

46% Dec

12

94 % Apr

9

25% Jan

2

39% Jan

13

32% Jan

2

24

*. »

■j.?

38% Jan

1»»

103

■

35

11

172

Jan

20

41

Jun

-.47

65

43% Dec
119% Jun

,

7

F Aug 28
.-12 > Jan',< 2

4

65 % Jan

6

Aug

5

5

19

46% Jan

6

81% Dec

38% Dec

28

•

16
17

2
12

31% Jun

:

25

17

78% Jan

7

15

38

Jan

2
2

20

»

44% Mar 20

18% Jan

7

19% Jun

9

2

22% Dec

9

9% Jun

21% Apr

16

14

Dec

31

13

Jan

5

3

52

Oct

30

41 '

Jan

30

'72% Mar 19

78

125% May 13
87% May 28
"

Apr
23 % Mar

22

4%%

Aug

8

71% Feb

17

77

7

Apr

19% Dec

16

18% Feb

9

22

Apr

33% Dec

30

30% Jun

24

Sep 17
31% Jan. 10

49

Jan

'

Jan

7

12

91

23

31

39% Jun

17

23% Feb

26

55% Feb

6

17

29% Sep
12% Sep

23

15% Jun 30
8% Jan 12

3

48% Nov

12

37% Jun

8% Jan

20

23% Jan

2

1% Jan

2

3

34

Jan

12% Jun

29

54

43% Jan

28

Nov

3

GVo Nov

2

91

Jan

2

33% Nov

28

4% May 29

2

4% Jan
7

Feb

23

1

3

35% Jun

2

17

Jun

4

21% Oct 29

15% Feb

5

23%

39% Sep

19

27% Jun

16

36%

8

11% Jan

15

ITTu

2

47% Apr

38

Oct

22

7

69% Nov 21

Apr 17
9% Mar 14

34% Feb

109% Nov 20

89

16

Sep

18

66% Jan
108

24

13

42%

74%

Jan

118%

% Apr

18%

33% Sep

3

34% Jun

49% Nov

14

44% Jun

53

16

2

43

17

40% Feb

44% Mar 30

24% Jan

31% Jun

63

71% May 22
32% Jan 22

Oct

11% Jan

2

25% Dec

4

45% Jan

10

63 % Oct

25

20

12% Jan

2

32

Nov

19

18% Jan

2

40% Nov

19

18% Feb

27

_

Jan

Jan

24% Mar 24

Jan

36% Mar 26

35% Jun

2

7

31% Nov 28

30% Jan

38

10

32

Apr

10

37% Apr
37% Jan

30

15% Oct< 10

13

Jan

22

18% Jun

17

32

59%

Oct"

7

50% Feb

4

•

' Oct
Sep

99

8

35% Dec

7

30

32% Jun

2

Jun

Chickaslia
Chock Full

*

72% May 20

12

37

21

4 %

12

102% Jan

12

4%'%

38% Jan

12

47% Jun

30

2

<44

Jan

13

59% Oct

27

46% Jan

14

44% Feb

64% July

27

63% Aug 11

52% Jun

19

04% Jan

10% Jan

21

17% Sep

15

102

Feb

14

102

Feb

14

35% Jan

17

45% Dec

2

15% Jan

2

20% Oct

13

35% Jan

«67

2

62

Dec

Sep 17
July 18

130

155

Nov
Dec

55

Dec

25

95
■

Sep 22

55

,

Oct

8

34% Sep

9

37

Jan

Jan

30

81:

Jun

4

22

55% .Jan

2

92

134

Dec

12

6

2

28

130% May 14

97
May 27
132% Dec 31

88

38% May

6

(preform!

28

Cluett

May 25

Jun

43% Jan

Apr" 27

82

Feb

20

7

28% Mar 11

8

28% Feb

Colorado

47% Jan

20

6

Jan

9

35%

34%

34%

34%

50% Mar 11

.41% Jan

2

9

5

96
Sep 12
105% Aug 20
...
'

4:

Jan

4% Jan

$4.25

26

20
9

4.64%

19

5.25%

8 % Jan

2

6% Feb

10

14% Jan

6

18

11% Jan

14

Nov

17

43

Jan

2

n*c

31

61% Jun

24

Sep

15

108% Jun

27% Feb

"

4

100

Jun

5

93 % Jax

99% Mar 10

2

99

Feb

26

Jun

19

92

Jan

22

25% Jun

25

29% Jan

16

Jan

23

92 %

31

44% Jun

18

F-ep

25

102% Jun

22

60% Nov

10

44% Jun

12

2

78% Jun

25

-

84

Y com

Jan

7

Sep

10

27% Jan

2

99

6

Jan

40% Jan

106

30

95

6

Apr 10

49% Dec

2

81% Oct

30% Nov
96

May

89

May
52% Mar

107% Apr
58% Jan
92

Apr

For

footnotes

54%

*90

53

134

147%

37%

'

147%

148%

■

*90

*1010
37 7 i,

% :;

132%

98

■

:

37%

*78

79%

78

«

25%

25

25%

26i

26 %

26%

'

*49 %

150

38

38

38%

16,700

53%

52%

132%

*132%

98

*90

60

*1010

5,300

__

38'4

39'%

77Tb

77%

25% :

78
26%

26'%

27'%

6,600

2GT'a

27

27

27%

34,000

*49 ',4

50

50%

*49 %

;

*58%

x59

28,400
20

50%

59

19

18%

68

67%

68

*■

20

48

48%

48

48%

47%

48'%

5,600

33

34

33%

34'%

33%

34%

33'%

34

3,900

36 %

17,200
6,600

18%

.

1

36

36%

36%

36 %

37%

37'%.

62

v62

62%

62%

62 To

62

15%

15%

>k5%

15%

15'%

15%

15%

.18%

58 7 „

95%

58%

58%

96

06

106

25

4*

59

58%

62%
15%
59%

96

96

95%

96

107

108

58'.%

%

106%

1067n

95%
106%

19%

19%

18%

19%

18%

19%

par

7%

8%

7%

7%

7T»

7%

18'%

17%

17%

18%

13%

13%

13%

13%

59

56

57

53'%

13%
55'%

62%

62

62%

62 %

63 %

63%

64

100%

101

102%

101%

102

39%

38%

102

102

40%

38?%

47 %
24%

46 Va

Utilities—

.1

*18!%

18%

18%

18%

18Tb

Laundries Corp
Natural Gas—

.—5

*25%

2*6

26

26%

50%

51 Vz

>

10

49 7

50 T a

a

26

26

50%

.

50%

\
.

100

15%

15%

13%

14%—'

.1

34%

35

34

34%

34

54%
94'%

54%

55

54 %

.

•'

56

par

93'%

No par

*95%

97

96

No par

*84

85%

85/

94

94%

13

*95!

85%

15

10,800

6,000

18%

900

26%

26%
51 %

9,300

51Tb
15

-

900

980

16

34 Vb

3,000

35

55%

7,500

*94%

56 %
96

97

95 Vb

95%

85%

85 Vb

85%

110

27

27%

13,200

*90

.

94'% !

97
z

"

14,800

24%

'

34%

54

No par

38%
50'/8

18Tb

18%

2,800

24%

24 %

46 T

1,700

-

48%

49%

24 Vb

"■

7,400
11,400

37%'

40%

46%

J.N0

22,100

18%

13'/4

39%

!

2,500

58

24

pfd

180

8%

a

13%

46%

com

800

11,800

100 %

.

9,700

20%

61%

.1

12,400

109

19%

18%

18

18'%

109

60

50c

Co

1,600

38

G2

24 T a

0%

120

*67

a

Coal

1,600

38%

.

24%

of Cuba

53

133'%
98

1*47 Vz 148%

148%

*1010:

37%

79%

50

36%

1.33%

Corp of

2

27

*84

2

94%

.

.

190
230

'

America—

6

13

25%

$3.75

preferred

2

16% Mar 12

Industries

23% Apr 20

5%

No par

27

90

91

92

92

49%

49%

50%

49%

50Tb

*104

—10

47'%
*79%

Copper

&

26'%

27%

92'%

120

49%

49%

106

47%
81

*104

47%
*79%

106

47%
81

105

47 Vb"
*79 %

105

2,400

104%

104%

.

47Tb
81

20

46%

47 Vb

25,700

*79%

81

Steel—

common

convertible

26%

90

49%

'

—_—.—No par

common.

26%

90

_•=—5

$5.50 preferred
Continental Can Tnc

18

24.

54

*132%.

:

36%

19

preferred
100
Continental Baking Co common—_5

11% Jan

page

54

180

36%

48

4%

21% Jun

see

63

68

Common

23




*62

-

8

13% Oct
Oct

63

18%

Corp.

$4.50 preferred

Con*mental

8% Apr 29
18% Mav
8

*62

26 V«

10

Corp

$4.52 preferred
$4.16 preferred
Coniiiinei

17
86

63

•*67%

1

Consolidated

28

%

5,200

94

1

24

Feb

94

100

57% Feb

29

96

<v47%

::

Consolidated

Apr 21
103% Apr 25

*94

22%
18%

com

Corp..

Consolidation

48%

95

_io

'2

Consumers Power Co

80

48

94

100

Gas

160

>78

*62

147 %

24

'

*152

%

*67

1

2

48

160

*18%

26% Jun

18

83

47

19

2

Oct

62

132%.

36%

2—1

Consol Electrodynamics

RR

*78

68

preferred

Consol

*152

83

47%

5

22

2

160

700

No par
No par

27% Oct

6

4,600

9,200

Consolidated

25

84%

27,600

23

Jan

2,700

83%

84

81%.

.

46%

18% Jun

Jan

17%

21%

8

33

48%

17%

46%

EdisoirCo

Foods

2,900.

104

48%

22%

15% Jan

Sep

-

98

No par

61% Feb

80%

46%

94

No par

39

*78

47%

94

Consol Edison

25

*152

83

(ib

12

*101'%

48%

17%;; 17%'

a

GO

6

,

160

*78

47%

7

46%

21% Jan

93

^152

47%

21 %

20% Dec 29

65

80 V-i

13%

32

104

46%

3

Feb

81

*59%

12% Jun

*101 Ft

60

13% Jan

52% May 22
92% Jun 23

16,300

104

46 %

Consol Electronics Industries

15

55%

20%

*101%

60

Consolidated

Aug 21
57% Oct 13

10,100

54

20%

22

2

41

64%

56%
20Tb

*1010

Co

of N

63 Yi

55 !'a ;

46 %

2

104

63%

150
100

4,500

21%

29

14

46

22

Mar

30

45%

5,000

47

28

Dec

62 3 4

84%
98%

CO

42% Apr

May 15

63

84%

46%

50% July

92

45%

33%
98%

21%

3

30

•

*58%

9

48% Jan

.

33 %

84
98%
46

84

20%

78 !.j

10

27

9

:

32%

*97%

57%

jf:

*78

pfd

33% Feb

47% Jun

33%

100

42,000

is

System_2.b()
.

23% Jan

31

HOLIDAY

69 %

a

1

17

50% Dec

69%

68!

47%

17%

No par

18

39% Jan

69%

200

5,300

20%

47%

_1
No par

26% Dec

2

EXTRA

56

18

147

44% Dec

13

62 !i

46%

»

53 %

47% Dec

40% Jan

28%

17%
29'A

20%

a

104

*90

2

23% Jan

%

29

55 7 a

132%

2

Jan

17%
28

*17

29'%

17%

3 00

24

29

9,300

CLOSED

'

457

1

$5

9,600

EXCHANGE

33%
17%

17%

68% 769%

62%

*101%

No par

•

STOCK

35%

32%

800

5,600
6,300

21!

-t

Cone

:

35%

35

35%

*32 % : 34

29%

69%

61%
55!

No par

19% Jan

33% Feb

68%

Congoleum-Naim Tnc,.
Consolidated Cigar Corp

106% Feb 25

34%

34%

0

34

70%

42%

"

1

21

23,800

28

*17 •/„

29%

29

2

it

31%

70

>'

36%

Publishing Co.—No

.

30%

920

Inc

1st

preferred

Mills

200

41Tb

36 %

14% Jan

15

18

*17%

64% May 28

18% July
J.4% Jun

500

41

*40%

■

27%

35%

preferred

Nast

48%

28

35%

Comptometer Corp
Conde

35 7

3,100

33%

48%

34% r 34%

34%

35%
*32 %

17

33%

49

42

35

Co

Commonwealth

Apr

34%

35%

16%

900

13,200

,

33%

•

3

...

Carbon

64

101% Apr

25% May 6
10
Apr 22

34%

118%

70% I 70%

36%

Solvents

112 % Feb

65

31%

34

73%

:

*40% !' 41
30% : 31

37

Ry—

System

Credit

2

48

%

_100

Southern

Commercial

17

44% Jan

30

50

Commercial

23

7% Jan
29% Jan

31%

*49%

iron

38% May 18
63% May 15
18% Mar 11

55% Jan

20

x30%

50

&

preferred

95 % Jun

16% Sep
15% Jun

101

Mar 23

9% Nov.21
9% Nov 26

2

40%

37

Corj)...!

noneumulative

105% Jun

Jun

9% Jan
<

4%

5

May

112

40%

5,100

40

;

"

49

37%

,

Columbia Broadcusfiiig

20

106

118%

16% >17

41 %

34%

40
73

*115

73

:

*33

49%

*40%

21

Columbus & Southern Ohio Eiec—
Combustion Engineering Inc

14

17
34

46%

33% Jan

30% Feb

17

*32%
49%

47%

17

14% Jan

49

46

32% Jun
•.54% Jan

23%

49

33 'i

37% Nov

10

33%

72%

84%

Pictures .common

24

16%

32%'

Columbian

Oct

16%

40

.

*115

.98 " ' -98

Columbia

Dec

72%
118%

84

24% Mar 23

65

72

*115

98%

51% Mar 23

33

72%

118%

331a'T

12

15% Nov 20
.57% Dec 30

72

*113

84 %*

<*4% Jan

2

*39

32%

65% Jun

3

40

98 %

30
73% Nov 28
49% Dec 16

2

14%

39%

*83%

Gas

23% Jan

41

300

;

Columbia

46% Jan

14

34%

20% Dec

(10% Jan

147'a

*32%

2

17

14%

par

12% Jan

17

10,800

14%

par

48% May 7
24% Mar 13
74

14%

27%

63 % Feb

_

14%.

■

42

Jan

Jun

7,200

14%

70! 4

Jan

17

19
31

42%

35

2

17%

30%

28

57

30% Jan

18%
30'Ja

70%

20% Jun

May 23

17%
29%

41

-

19%
30%

.

27%

29

.

6,100

.

J.8%

42

22

20

20

30

com

&

5,100

19-'%

preferred series B

5%%

42%

30 %

42

31

31 % Jan

34

41
-

18%

28%

Oct

63

35

"42 %

r

27%

23% Dec

<

41

42%'

41%

38% Dec

<

%

30

g

2

>

42

70%

24

65

%

70

Jan

16

43

No par
No par

Colorado
46

34%

14,800

common

preferred
Fuel

2,500

22%
34%

__No par

Collins & Alkmai)

2

75

22

25

nteniat'l Corp

48% Nov

24

r'37% Dec

1

21% Jan
23% Jan

$3.50

6,000

66%

22%

100

Cplgate-Palmoliye Co

27

5

■■■»•' 65

64

37%

Co:

86% May 8
23% Dec 15
25% Dec 30

13% Mar 18
18

43%

11

7,000

4%

4,800

preferred

Coca-Cola

74%

5

93

—_i

Peuhody 6<„ Co com—
preferred

19

65%

stock—.50

2nd

77% Jun

*64

74%

r

42%

-

Coca-Cola

Oct

65 %

: 14%

4%

50

7%

35% Jun
77

18,500

13 %

74'% i

5

22

gld

4%

151

14%
78%

13%
76'%

4%

62' 'a

16

9

14%

13'4
75

700

23

—-No par

25

119% Feb

10,500

5

46%

Feb

96

39%

22'a

Louis Ry Co com___]()()
noncuuiufiiUve preferred
jon

Apr 27

63

39

13%

,—5

136% Jan

28

39%

22 711

C '6s St

$4.50

12

Jan

'

22 %

____

2

Jan

1,200

38%

93

Co

Special guaraiiteed 4'to
Clevlle Corporation -;.—'

24% Jan

10%

5

39

46

10%

42%

Co

22

19

10%

76%

.,30

Apr

30

15%

•

42%

common

Cleveland & Pitts RR ,7.%

Jun

15%

10%

93

Cleveland, Electric Ilium

Mar 20

8,200

15% '• 16

11%
39%

93

Co..'—_<

35

10

101

66

16

100

65% Feb 20

Dec

15

c

1,500

42%

DclZ.50

;.

Equipment

5"/,<

29

64

Electric—

23

53

Jan

C

27

29

63%

43%

—

29

25% Dec

Jan

Feb

50

28%

[

63%

94

5

Jun

2

98% Jan

165

"

3,000

93

;

63%

100

62% Jun

4

2

86

Clark

2

76

15% Jan

127

Oily Stores

3,500

41%

42%

preferred
300
Products Corp-.—.——No par

City

33%

91%
41%

*92 Vz

5%%

,

4,400

43%

:

Service

2

44% Jun

32

Jan

Cities

19%

94%

Oil

City Investing; Co

2

84% July

-28

1,000

79

33%

7 41%

41

52

'

«

Milling machine Co...Jo
I T Financial Corp.
—No par

49% Mar

9

19%

32%
33%
*91% i 93

8 50

18% Jan

10

*76%

.

19%

41%

1

com

pieicried

9

Jun

*50%

80

r

42 5

O'Nuts'Corpl—

preferred

.

8

352

.

r

19

^0

Feb

C

2
26

103% Jan

51%

3,500

*91 %

1%

Cincinnati

27% Mar 20

11

64% Aug

10

24

43

10K% TVTav 20

v

5

16% May
57 % Jan

28

76

37% Feb

Feb

102% Jun

2

1,000

19%

par

-

Comihoji

16

Jan

22 %

17 %

12%

50

Gas

Jan

27

?

Ry

Chrysler Corp

91% Feb

1

Jun

300

22%

No par

Cotton

10

83

1,700

75%.

10

1,700

5,500

19%

28

"

4%,
65 %

20,800

HOLIDAY

38%

39%

1

85

40

-'EXTRA

'10%

11

38%

1

31%
124

41%

15%

16%

10%

5

preferred series A

97% Jun

95% July 8
106% Apr 22
44% Oct 13

*16

39%

*123

19%

62%

No par

40

ClncJiniatl

28% Jan
; 83

950

19%

*27 5 a

93%,

85

par

25

Apr 25

63

preferred

•

5%

24

26% Jun

27 %

Chicago Pneumatic Tool—
Chicago Rock Isl & Pac RR__No
Chicago Yqllow Cab—
No

17

7

8% Jan
44

41%

No par
5% scries A noncum pfd
—100
Chic & North Western com__No

18

19% Apr
14% Jan

Dec

93

41

Cliic Mihv St Paul 6s Pnc.

45% May 25

9

Feb

32

92%

40%

62

Great .Western

5%

25

27

31% Nov 28

30%

92%

40%

11,600

*18%

49%

*91%

2,400

CLOSED

x41

*76

100

19

210

—r

18%
•22 Va L 22%
16% r 17 V-i

16%

19%

Cktss A
Chic

16%

30%

__

23

10

t 41%

18% ;

19%

Chance

.

26% Jan

> 85

40 Vs

30%

Vought Aircraft Inc
1
Apr 13
Checker Motors Corp
1.25
Jab
5
Cliemelron Corp
' 3
Mar 23
Chemway Corp
-ZJZZZZ
1
Jun .il"-^Chesapeake
Corp ofVa
!
HI 5
Mar ll
Chesapeake & ObkrTty common__25
Feb 26
3%% convertible"- preferred
100
Apr 30
Chicago & East Til RR com_.No par

17% Mar 19

22%

-

85

40%
19%
22%

_

93 7b

-124

85

84%

*123

80

.

9

31% Jan

85%

124

*76

Champion Spark Plug Co..
Champlln Oil &, Refining Co

25% Apr 17

14% Dec

*122%

80

$4.50 preferred

45% May 28

25

124

*76

Zi

EXCHANGE

31%

t

31,100
STOCK

7

38%

300

Champion Papor & Fibre CoCommon
No

4

42% Jan

39%

85

..

23%:

115

30% ; 31%

par

7

113

38'%

*122%

No par

Inc

113

*93%% 94%

50

—.

24

Mar

111

90

117%

6Tb

30%

*49%

——

7

38%

27%

Co

117 !'u

6%

94%

_5

Gotham

Belt

23'/a

117%

117%

37%

50

Chain

8,700

23%

30%

WcstXCorp

Chadbourn

2

400

56%

*93%

16%

Pasco Corp___
;
Certain-Teed Products ' Corp
Cessna Aircraft Co—

29%

55 Va

38%

50

Cerro de

42%
44%

31%

15%

Central Violetl.a Sugar Co
Century Industries Col

5

6,400

44%
*29%

31

.7%

75

20% Jun
33

Co »r N

42%

44%

38

48

commoni-.No

6,000

22 %*

111%

22%

16% Apr 27
83% Apr 29
6% Jan
9

25

Jan

16

15% Mar 11

99

94%

107%

54%

7

108%

22%

Central & South

15

50% Feb

*6%

2,500

105%

42%

*44

22%
117%

117%

67«
108%

*93%

ZZZl

68% Apr
28% Jan

9

117

6%
106

50

35 Tb

29%
55%

22

40

Central Illinois Lgf.

42'%

99

35%

105%

22%

*19

preferred ——7—
Illinois Public Service

9

Jun

42 %

*98

36

103

55%

40%

RR

90

105

54'%

19%

4%%

37% Jun

%

%

99

35%

55%

19 %

Central

July

5,700

*98

29%

39%

Central

24% Aug 14
55% Nov 14

7

31% Jan

Apr

42

44

;

Foundry.. Co,,'

41

29

Sugar. Co..5

Agulrre

5,500

42%

35%

42 %

""20

——,

3,800

41%

54

aIioo

preferred ser'es

17%

50%

44

'116%

Shares

17%

29

7

the Week

49%

43 %

22

Friday
July 3

17%'

29

%

July 3

50

43 %

100

Corp common——.

42%

Thursday

17%

100

35a
103

Sales tn

.

'

42 %

*98%.

105%

42%

"10

27

50% Mar

36%

PRICES

49%

28%

eotinnon———.TTifio

May 11
29% Mar 13

43
Aug 14
100% May 21
39% Nov 12

28

17% Jan

9

14% Dec 22

52

31% Nov

Jun

3

24% Mar

.

46 %

Aug 28

60% Dec

16

28

99% Feb

42% Dec
28

42

99

101

_

Central of Georgia
Ry
5 % preferred series B
Central Hudson Gas & Eiec

38 % Mar 23

104% Jun

'17% Mar 21
'41% Jan
7

conv

42%

SALE

July 1

17%
50%

com__No~par

Apr 20

7

Co

preferred

Central

1

Jan

5%

Central

Mar 23

1

28
93

_

50

35%

IZIlO
ZZZZ 50

17%

51

97 %

4.20% preferred —.
100
Celanese Corp 0f Ameiveoni—No
par
When Issued
1__Z—No par
1% "2nd preferred
;
jou

i"-

4

51% July

common—

18%

41 %

__5

preferred

Celotex

3

(15

.

..

39% May 28
»■

Co^___

preferred
1.
6%%. 2nd preferred %
Caterpillar Tractor common,:

22

July

98% Jan

4

Jan

7 % Apr

115

17%

10

HIGH

Wednesday

June 80

50%

"5

General Corp.
1
Products Inc ——————1

Case (J I)

2

5

<

,

4%%

119% Mar 16
12

' ~

AND

Tuesday

June 29

i

~

'Carriers &

_•

Carter

Jan

17% Jan

27

lb

26% Feb

93% Feb"
27

Steel

Carrie# Corp

27

Jan

Jan

117

Carpenter

59%:Apr 16

I

Monday
Par

Carolina Clinclifieldwfc Ohio
Ry.ioo
.Carolina Power & Light
;
No par

,117
Jun 19
48% Jan 19

""83% Jan 22

5

i

Jan

16

41% Jan

,

Capital Airlines Inc.._i.
Carborundum Co,%— • ;
Carey (.Philip) Mfg

Jun .22

V 31% Jan

29% Jun
118% Nov

47% Jan

'44

10

52% Feb
102% Jan

110% Jan

7

92% Nov 10
.Apr 28
> 30% Dec 16

-

2

26% Feb

20

101

JaiT~2

99

May 13

28
May
38% Jan

19

23% Aug 14

V(hAp*<l4

91

55

41% Jun

July
1
31% Nov 20

5% Jan

r

■

29

46% Nov

3
-2

3

76% Dec

13

,•14%! Apr
101% Jan

10

23% Apr

39% Apr
1
96% Jun1 15

38% Dec

2,

.• k

york stock
EXCHANGE

"

3

20 7 b Jan

49% Jan

July

2

37% Feb

17

Jan

17% Jun

LOW

new

Highest,

'

preferred

._2

12%

25

*21 %

13%
22

14

'21%

14%

14%

15 "8

22 Vz

*21%

22%

15

*21%

15%
22%

55,600

The
16

Commensal and Financial Chronicle

.

.

(60)

Monday, July 6, 195f

■'ipr

NEW YORK STOCK EXCHANGE STOCK RECORD
Range for

2

Jan

6

30

52% Jun

12

Dec

22

51

14

55% Jan

3

66% Nov

18% Jan

2

37% Dec

16% Jan

12

28 Vt Jan

Jan

49% July

7

2
8

50% Jan

2

30

49

%.Jun

82

Jan

6

52

Feb

10

16
12
8

7

30% Jun

102% Dec 30

89% Feb

9

139% July

1
89
Apr 16
20% Aug
6

84% Feb

11

86

Feb

4

88

18% Jan

2

24% Jun

Mar 11

85

15% Jan

2

1% Jan

13

Nov

% May

4

85

8% Jan

8

9% Nov

9
13

24 Va Jan

20% Jan

8

11 %

9,700

5

55

50%

55 14

56%

55%

56 %

56%

57%

71%

72%

71%

71%

71%

71%

72%

74

19,600
1,700

39 %

39%

40 %

39%

42%

42

42%

23

23%

23%

24%

24%

24%

24%

24 %

11,600

4414

45%

45 Vt

40

45%

43%

48%

49%

21,900

10

2

5

86

74

9

85

Mar 30

28 % Jan

3'

40% Dec

Mar 11

3

20% Nov 28

37% May 12
1G% Jan
2

40

14% Mar

Jun

.

3%%

preferred

-

52

52

*49%

97

97

97

*95

55%

55%

55%

55

55%

55%

*27 Vo

27%

27 Va

28%

27 T 4

28

137%

137%

8,200

55%

27%

*49%

52

*4914
*90

737

134%

'•:>

:>7

■

85%

*85
*80

137

88

87

STOCK

*80

98

EXCHANGE

20 %

20%

20%

12

12

12

3%

44'%

45%

77 %

"73%

77 %

39%

39%

*3%

20%

12

,

3%

3 Tb

45%

♦7514

3%

130

*85

87'4

12

45

4.800

85

20%

*11%

2,200

139%

138%

•

100

11,300

87%

'

20)4

20

138

v

51
100

85

86%

88

85 %

*80

..100

—

,

*87
27

1

—25
1—

Crane Co Common—

39%

17,700

*49%
.

—.1

(Del)

.

x54%

preferred—. —50

convertible
Products Co

Coty Inc
i
—1
Coty International Corp.—*—

9

45% Jun

78

.

1

5% Apr 22
29

35% Jan 12

1
JUn 16

■

5
Corning Glass Works common.
-100
3 Va % preferred
LI 00
3%% preferred series of 1947.
1
Cosden Petroleum Corp

2

14
May 12

30% Dec

14

Steel Corp

Cornell Dubilier Electric Corp..

22

Apr

14 % Apr

5

Jan

3

3% NOT 11

58%

11%

6%

12% Apr
74% Feb
83
Oct

'Aug

5714

,11%

Corn

55% Nov 14

88

58%

11%

1

13

24% Deo

57 V4

12

Mar 17

97

59% Jun

lb Jan

33

57 %

11%

....5
Cooper-Bessemer Corp
———
5
Copper Range Co
.5
Copperweld Steel Co common.
,5% convertible preferred— —50

33% Mar 17

Jun 25

82% Dec 31

14

Jan

55%

lli

44% May 22

2

30% JaD

39% JaD

52

May 20

19 V'e

50% Jan 20
52

55%

Continental

23'

Shares

July 3

July 2

11%

78% Mar 10

18

the Week

Friday

Thursday

55

8

13

Sales lor

PRICES

1

Continental Oil of Delaware-

31'

SALE

5

Motors

13% Apr 20
69% Jan 26

Dec

34% Oct

HIGH

Wednesday
July 1

Continental

9
Jun 24

41

AND

Tuesday
June 30

June '19

Continental insurance

5

Mar

06

19

%

Monday
Par

EXCHANGE!

Highest

10% Feb

64

12

<s38% Feb

Dec

12% Dec

63

15

NEW YORK STOCK

Since Jan.I

Range

Lowest

Highest

Jan

44

LOW

STOCKS

Previous

Year 1958

Lowest

3%

3%

<

44%

45%
75 %

EXTRA

3%

44%

75 %

.

*7514

20

1,500

'

12

12

9,000

CLOSED

20%

45%

■%

HOLIDAY

.

2.000
23,900

TJh

■

<*
'

4

Cream of Wheat Corp

39 Vo

39%

_1

jg%

19

18%

19

19

19%,

25

*25%

20

20

20

20

32%

32%

34%

40

39

39

2

Petroleum

Crescent

Crown Cork & Seal common—2.50

Corp com
preferred—

Aug 18
7

29% Dec

10

2o'/e ouii

15

23% Apr 15
28% Mar 9

Jan

31a/o Dec

30

29% Jan

7

38% Mar 13

25 Va Jan

3

41% Dec

16

37% May 27

44.

43% Apr

11

50% Jun

9

00% Jan

6

Nov

7

90% Jun

12

98% Apr

21

preferred
No
Crown Zellcrbach Corp common
$4.20 preferred —»
No

32% Feb

24

Crucible Steel Co of America—12.50

23

12

92%

58% Nov 20
101% Jun 25

7

25% May

13

Oct

29

20

15% Feb

27% Jan

9

24

33% Sep

10

Jun

12

Dec

31

18% Jan

17

7% Jan

2

15

Dec

3

10% Jun

15

Jan

7

69% Nov

2

6% Jan

2

16

56

37% Jan

19% Jun 2G

5%% convertible preferred
Cuba RR 6% noncuin pld

2
0

Cuban-American

10

17 % Mar

17

08% Jan

14% Dec

12

12 % Mar 31

8J % Mar 11
14% Jan 22

39

Dec

18

41% Jan

20

10% Jan

21

Feb

10

25% Feb

3

Jan

13

33% Jun

10

3

16% Oct

30

10% Jun

10

53% July 24

63% Oct

13

02

18% Jun

6

23% Nov

14

20% Mar

5

3F% Aug 27

21% Apr
27% Jan

39% Apr

30% Mqr

6

Aug

6

35

41 % Apr

40% Mar

3

63% Nov

10

59% Jan

18

GO % Feb

83% Jan

3
15

01%. Dec

14

92
Aug
6
14% NOV 18

90

9% Jan

Mar 10

39% Nov 28

84

51

91 %

51%

51 %
91

91

29%

30%
109%.

■110%

h

31%
112%

8,800

90%.

31%

130

09,800

32

112%

3,700

114%

'080

10%

11

11

11

10%

11

10

19%

19%

19%

20%

20

;

20

19%

20

5
100

11%
*02%

12%

11%

12

11%

12

11%

11%'

—

prior preferred—.——No par
$1.00 prior preferred——No par

70

*09

13%

13

13%

>13

13%

35

35%

35%

'35

36

70

*70

70

%

10%

.2,400
19,000
300

70

*08

2,800

13%'

I3&

500

30

*35

14,500

11%

11 %

11%

11%

12%

11%

12%

04%

04

04

*03%

04%

*03%

04 "4

22 V>

23%

*23

23'/?.

23

23

34%

35%

24,900

■

23%

*

100

*

100

33%

24%

339.

37%

37%

37%

37%

37%

37%

37%

1,000

85

87

89%

87

'

88%

87%

88

4.800

72

_——.10

34

81%

1

34

97

1

common

Cutler-Hammer' Inc

May 13

31%

•

111%

52%

10

$4

A

31%

3.0%
110

200

51%

100

13%

Class

'

51%

91%

17,500

3814

90%

51 %

91%

700

37%

38%

90%

109%

4.800

19%
25%

30%

40

52%

100

400

39

19

%%

35

*38%

51%

34%
11%
*03%
*22%
33%

Curtis's—Wright-

39

.25%

90%

...5

9

Jan

•

5

Sugar

Inc..

Press

39 %

35%

par

Cunningham Drug Stores Inc—2.50
Curtis Publishing common.
.1

Cuneo

8

37

00

Jan

32%
*38%

par

Cudaby Packing Co common...
4%% preferred

4

8% Apr

29

conv

$2

20

114% July
21% Jan

15

106% Jun

Jan

5%

71

71

72

'73

90

*87

90

*87

%

D

41% Apr

30

9

May 25

6

91 %

Feb

10

2

10% July

2

6

Mar

70

49% Mar 18

13 % Feb

Feb

Dana

30

Jun

25

01

Jan

13

87

Jan

22

74% Jun

12

02

Apr

10

19

68

Jan

28

74

Jun

2

81

Feb

27

Oct

24

89

Jun

16

78

Jun

30

79

2

20'/a Jan

19

20% Dec

Preferred

2

Dayton

2
2

19% Nov 26

17 Va May 12

21% Feb

19

Decca

Records

2

54% Nov 11

47% Jan

63% May 27

Deere

&

7

30% Nov

11

10

12% Deo

1

July

19

0% Apr

,

8

B';« jun

May 25
12% Jan
9

15

Inc

Lack

Delaware

08% Mar 11

»L

Light Co

24% Jan

2

36% Apr

19

9

21

5

47% Mar 13

Detroit Edison

68

Detroit Hillsdale & S W llR Co._100

"2"

Oct

63

56

23

Jun

30

15% Jan

13

17% Oct

2

9% Jan

41% Jun

42% Dec 31

5

Apr

21 % July

7

7

23

30% May

48%

Jan

13

30Va Jim

15

July
1
37% Feb 20

29% Jun

15

19% NOV 21

17% Jan

7

7

11% Jan

40

May 20

19% Feb

70%

70%

74

75%

74%

70

74

78

35 In

78

80

35%

35

35%

12,200

18V«

18 %

18

18%

17%

18%

11,000

59%

00%

59%

00%

00T 11

01%

15,500

32%

31-%

32%

31%

32%

31 %

31%

3,800

9%

9%

9%

9%

9%

9%

9%

5,800

x02%

03%

03

%

18

02 3

02%

4

31%
19%

42%

42%

42%

43

57

50

50

19%

19

19%

32%

31%

20%

19%

20%

43

'

21 %

21%

01

00%

02

"

01%

02

35%

33%
30%

34I ii

34 Va

34%

31

30%

30%

19%

19%

19%

19%

1,300

I 23

34T(i

33

34%

8,200

45

45%

45

45%

0.000

-2,400

\341

a

^25

30%

30%

x30%

30%

00c

19%

19%

19%.

19%.

Corn—

1,900

EXTRA

22

33%

Stores

20

92,000

59%

00%

52%

Diana

CLOSED

21%
22

9,000

EXCHANGE

57

20%

31%,

22%

59%

l——

43

57

21%

21%

—

42%

58

19%

17,700

STOCK

20%

*57

10

preferred

2,300

32%

19%

20%

18 tii

1,700

04

32%

3211,

20%

*50

04

42%

32 %

...1

$1.50

10

100

80

34%

78

24%

-

230

00%

__1
—

.75%

*78

79

35%

—'15

Alkali

Diamond

27

*

75%

20%

20

.

W51%

73

74%

32

3

——

51%

51 %

*74

Co——

32% Mar 24

19% May

70

5131
74%

Diamond-Gardner Corp com

62

24
32% May 21

Dec" 30

35% Sep

Inc

Detroit Steel Corp.
Da Vllbiss. Co———:

2

•25'% Jan

2
2
29% Mar 26

13.50

Denv & Bin Grande West ItR.No par

28

5i%

3,100

0314

31

37% Jan
55
Feb

(5,900

52

9%

25 % Dec

Lines

42%,

52

'

2

Power &

Air

41%

32

—No par
50

10% Jan

Delta

42 It

Western—

&

57% Feb

15

41%

41,200

10%

18

1

May 26

42 %

90
•

59%

1

63% Dec

Jun

41%

34%

18

Delaware

40%

*78

40% Feb

16

10%

—50c

(Delaware)—

Delaware 'As Hudson;

33

27% Mar 30

Co

15%

74%

50c

Rubber Co..

15% Jan

27% Jan

15%

74%

3.75%

13% Jan

15%

51%

series B.
100
Preferred 3.90% series CL—.100

83% Apr
9
30% Mar 20

.15%'

40

5

Daystrom Inc
30
Dayton Power A', Light common—7
Preferred 3.75% series A
100

14

50 % Dec

79% Nov

77% Sep

43% Jan

7,700

72%
37

10

*87

100

River Mills Inc.——

-

73%
90

35%

.1

coiiliiloii

preferred series A__

3%';<>
Dan

1

31 %

32%

32

32%

2.50

43%

45%

45%

"•

46

'

:

12,800

HQLIDAY

12.900
800

32 Va Feb

25

42% Mar 13

Diners'

Jun

24

59%> Apr

24

Disney

11

32% Mar 24

36% Jan

15

Distillers

34

34%

34%

34%

34%

34 lii

34%

34%

12

22

29% Jan

23

Dlvco-Wayne

23%

24 %

23%

241a

24 %

24%:

24%

24T«,

17% Jan

12

14 •? it

14%

14T«

14%

14%

14%

14%

1,200

14 %

19%

19%

19%

19%

19%

19%

19%

3,800

19%

Dec~29

Jan

2

43%

£5% Jan

2

35% Nov

9% Jan

2

2G% Deo

8% Jun

3

14% Deo

2

42

4

Jan

14

Jl%

13% Jun

19% Jun

23

Domlnick

Inc

13%

19%

19-%

19%

7,200

45% Jun 24

53% Jan

21

Douglas Aircraft Co

—No par

47%

48%

4714

48

47 %

47%

40%

47%

14,900

19% Jan

6

27% Jun

17

Dover

1

20 %

20%

26%

26%

25%

27

26%

'20%

77% Deo 31

74% Jan

7

08%

89%

89%

90

89%

90%

91

91%

18,700

9

91% July 2
45% Jan 21

—5

39

50c

41%

42%

42

42%

41%

41 li,

41%

41%

13,300

Drewrys

Limited USA Inc..-~ .—1

25 Tit

25%

*26

20%

*20

20%

20%

Dunhlll

International

12%

12%

*12%

13%

*12lii

13%

13

11%

11%,

11%

11%

11%

11%

252 %

251%

254%

101

100%

101

20

6

17% Jan

19

8

Sep
74% Jan

2

20% NOV 20

52% May 22
33

Apr
16% Jan

3

9

Apr

12

18

11

14% NOV 20

Jan

22

2

22% Jan

23% Oct 27

2

0% Jnn

9

14% Nov

Mar 26

Mar 26

May 18

28 % Apr
14% Jan

6
28

Dome

Mines Ltd

3.000

46% Oct

Jan

9

Dr.

19%.

19% Dec 31

Jan

15

2

Corp-Seagrams I.td—- ...2
—3
Corp
Pepper Co
No par
—No par
—1

16

54% Apr
12

Mar 31

(The) Ch)b Inc
(Walt) Prod,ucllons

.

Fund

—

Dow Chemical

10

214

101

Sep

29

112% Apr 21

80% Oct

1

91% Apr 28

31

24
0

13% Jan 20

9

202% Feb

202% May 13
7

Preferred $4.50 series

3

Preferred $3.50 series

Duplan

Jun .17

Jan

86% Apr
20% Jan

12

12

39%

6ct~24

47% May 13

39% Jun

2

42% Feb

Sep 26

50

May 12
48% Mar S

42 % Jun

19

40% Jan

27

41% Sep

11

40

May 22

46

July 25

50 Va

July 15

45

Jun

42

Oct

28

51

May 21

43% Apr 22

4OV2 Jan

44% Nov

24

53

Jan

14

24% Nov 10

42% Jun
22% Feb

19

14% Jan

31% Apr

27% Jan

45% Dec

19

43% Jan

14

29 Va Jan

30

Feb'11

33% Jan

8

31

$4.15

40% Mar 33
48 %

10

47

2

11%

11%

5

247 Va

:—No par
No par

100%.

250
100%

,

—

4%

preferred

preferred
preferred

May 20

4.20%

13

4.10%

Mar 24

$2.10
DWG

21

19%

19%

19%

& Co—

80

,

248

219

250

100%

101

100%

79%

80

80

23%

*

23 %

23

%

23%

233/t

40%

...5

Durjuesne Light Co common.
$3.75 preferred

27

43

.—1

Corp
(E I)

1

...

Common

100

100% Jun 23
23 Va Jun

...

8

May

79

.*

Co

Dresser Industries

di; Pont de Nem
Dec

172% Apr

...

Corp

'

23%

700

24%

4014

*39%

40 %

*39%

40%

*39%

43

*42

43

*42

43

*4#

*41%

42%

10

43

-50

9,600

40

*42

12;500
1,800

24

41%

400

41%

*41%

42

45

45

*45

40

*45

40

*45

40

..50

*44

45

*44

45

*44-.

45

"*44

45

*42%

%

41

41%

00

43

*142%

43%

29

29

28%

28 %

50

56

56

41%

40%

41

40%

10,900

30%

31%

30%

3114

13,400

..50

*42%

43 %

*42 Is

43%

—8

>28%

28%

28 31

29%

10

Cigar Corp.

2,300

80%,

-50

1—7
—

preferred
preferred

300

80%

..50

..50

—

700

20 To

*13

80%

%

80

5,000

53 la

54%

55

41

41%

41

30%

30%

31%

700

£

22 Va Apr

30% Aug 14

28% Jun

73 Va Jan

82% Jun

78

4

57

75

38% Jan

2

22 Va Jan

88% Jun
50% Jan

"(2

Oct

Dec1

37

31

30% Jan

83 % May

22

83% Jan

11

34

Feb

Mar 27

90

14% Apr

15

20 Va Feb

Jun

2

7% Dec

19

25

26% Jan

2

6% Jan

4

4

181/4 Jan

31

30 V* Jan

7

8% Dec 3l

0% Jun
38% Jan

2

14

9% Jan

39

Oct

8

Stainless Steel

16

•4 % %

May 14

27% Jun
„

8

48% Jan

7

2

13% Jan

8

09% May 12
26% May 11

2

24

34% Jun

16

36% Oct
13

Nov

28

44% Jan

2

11

Mar 26

9

5

Equitable Gas Co

6

3

2

70

16

00

Jun

10

63

14

19% Jan

2

13% Jan

3

28

Nov

28

2

47

Deo

4

19% Mar

2

May
Apr

5%

4

-

preferred series A

30% Mar 12
24% Mar

5

Eversharp

46% May 28

Er-Cell-O

15

8

30

Juu

23

37% Apr

8,4 Aug 25

7

Jan

2

2

Inc
Corp

43%,

8,600

32,800

7%

8,800

4,5%

4,900

10%

10%

10%,

10%

10 Va

10%

10%

10%

32%

31%

32%

31%

32%

31r! a

32

02

02

02

03%

03

G3%

04

5

18%

19%

19%

20%

20%

22%

21%

'22

23%

23%

23%

23Tb

23%

24

1,500

33%

34

33%

34

33%

33%

1,200

^

24

8.50

100
50
5
—

:

1

.3

24%

33%

34%

82 Va

33%l

57

10

.No par

Erie & Pittsburgh RR Co
Evans Products Co

39% Jan

48

4

Erie RR common.,

Nov

43 Tii

3,300

26

31%

Endicott Johnson Corp cominon—23
4%
preferred
100

Mar

61% Oct

25%

5

Empire District Electric Co

9

Jan

60% Feb

26%

3

Electric Mfg Co

40

21

28% Jan

Emerson

42%

10

Natural Gas

Emerson Radio & Phonograph

Mar 13

13Va Jan

11

55% Jan

Storage Battery
National Watch Co

Paso

88

54% May 29

Apr 30

Amer

-

4,200

40%

25%

43%

Co—.

Mus Ind

89

40

25%

10

92

♦90

92

44 %

16 Va Deo

2

40V4

4414

56% Dec

2

4014

43%

2

6% Jan

25%

50 %

50

*8714

89

shares—_

10

26 % Jan

*90

92

*90

,

7%

Jan

38

40

46%

Auto-Lite

Electric

2
20

25T4 Apr

92

'*87%

89

40%

40

49%

48 Vis

48 %

48

*87%

3,200

7%

4Va Jan

-

*90

100

40%

0,700

46%

29

29

89

77

7%

Elgin

18

47%

*87%
40 %

92

7%

El

22

47%

1

100

88%

92

73

40%

Mar 20

Jun

70%

71%

87 Va

73 %

*91

72%

92

00

" 91%

71

85%

7 Til

Jan

32% Jan

54,400

80%

*91

45%

14

23% Jun

87%

92

7%

39

80

80%

45%

7

8
17

85%

7%

30Va Jun 24

10

15,500

45%

9

May

28%

25%

15

Dec

81 lb

27%

5

19

38% Apr 30

80'%

28%

1

11% Deo

90

81

70

2.50

common

preferred

Electric &

39% Dec

2

81

27%

Electric

2

45% July

81 %

27%

Elastic Stop Nut Corp of Amer

1

48% May 20
9V4 Jan

ax

27 Va

*91

2

lN

260

81

28%

25%

40% Nov

Jan

10
50

preferred

Ekco Products Co

a

81

2.50

Manulacturlng Co
Edison Bros Stores Inc common

2

July 21

Corp

40 Va

2,200

57

56%
•

27%

100

Eaton

4%%

30%

10

com

Eastmans-Kodak Co common
$3.60
preferred

5

2

79

Asn

prior preferred:

Jan

17% Jan

Fuel

4Va%
Eastern

27

30

1

92

Mar 30

95

Gas &

Inc

July 2
50% July 2
89
May Id
41% Jun 24

15 *

37 Va Dec

—

Airline

Eastern

77

6

9

B
17

23

91% Apr 28

6

2

Jan

Eastern

21

92 Va Jun

9

Jan

86

Eagle-Plcher Co

9

30% Apr

22% Jan

76

2

85% Jan

18

May 18
7
Apr 16

24% May

59

July

46% Apr
341/4 Jan

37

37

37%

11%

12

11%

12

*

68%
*61

08%
03

*82%

*82%
•

09

21%

21

21%

43

43%

^2%

33%

33Tb

7Tb
22%

7%
23

7Tb
31%
89

31%

,/

20%,

8414

08
*61

64%
.

8414

*82

5,000

45,400

12

20

68%
03

38 %

38%

2,900

12

37%; 38Tb'
>11%

03

09

*61

£1%

22

k

84 %'•

24,900

12%

14,900

08%

09

500

03

*61

23 Va

23%

21 Va

20%

21%

21,100
4,400

45%

45%

46

14,-200

23%

22%

23 %

211*4

'20%

43%

43-%

23%

33%

1

F

.

32% Nov 24

43% May

3% Jan

2

13% Jan

2

23% Oct

Jan

2

13 % May 14

22 V« Apr

22

7

79

30% Sep

Apr

9

89

25% Jan

2

19/2 Dec

24 v4 Jan

2

33

For

footnotes

see




17

11

Sep 11
Dec

page

10
17

24.

9

9% Mar 19

21% Jan 28

24% Jun

3

7% Jun
29% Jan

3

lOVaJan

13

2

33

Mar

88% Jun 23

96

Mar 12

1PV2 Jan

26s,a May
25
Jan

9

30% Jun 26

,

5

5
9

Fairbanks Morse
No par
Fairbanks Whitney Corp com
_1
$1.00 convertible preferred
40
Fairchild Engine & Airplane Corp.l
Fairmont Foods Co common
1
4%

convertible

preferred

Falstaff Brewing Corp
Family Finance Corp

100

X
X

33%
7%
22%
7Tb
31%
r89

24%
30Tb

24%
30%

714'
*80

33%
8 lb
23

7Tb

7"b
23

714

32

31

89

*85

8%
231

c

*32

%

33%

%

23%

8%

8
23

7 Tb

7%

8%

31%

31TB

31%

90

*85

90

24%

24%

24%

24Tb

.24T4

24%

30%

30 Tu

30%

30Tb

30"b

30'b

400

-50,700

1,400
16,000

2,500
50

*■700

1,800

'

r

Number 5861

Volume 190

,

./The Commercial

'

and Financial Chronicle

(61)

NEW YORK STOCKEXCHANGE STOCK RECORD
Range for Previous

STOCKS

Year 1958

Range Since Jan. 1

Highest

Lowest

Lowest

Oct

13

6ft Dec

43

2

55

May 19
3% Apr
7

11% Jan

17 ft Dee

32

55

Mar

16

9

6434 Mar 13

Fansteel

6

10ft Apr

Fawick

30

22 ft Am'

24

Federal

21ft Jan ' 2

297a Alar

9

29ft Jan

52

Nov

20

44 ft

8

56% Jan

26

19% Jan

22

Jun

27

'21 ft May 26
50ft Feb '6

233a Feb

26

29% Jan

57

.

Dec

30"

Apr'

Jlily

66

2
25 ft Jan. 19

10 ft Alay 2
16 ft Jan 2

23ft Mar 13

173b Jun

30 ft Nov

27 34 Jan

8

42 ftJun

20 y_» Jan

2

52ft Dec

16

45 ft Feb

4

573b Alar 20

47"b Feb

10

67 ft Dec

31

55 ft Jun

22

16 -3 Apr

25

24 'ft Mar 14

6934 Alar 11
19 ft Jan 12

38% Apr
82% Apr

7

17

153aJun

49ft July 29
136

16
100% Sep 26

Dec

10

3734 Jun

3

125 ft Jan

10

104 ft Jun

16

13

30

447u Jan
151

16

Alar 11

Corp

Federal

Fifth A.venue Coach Lines Inc

Corp

12

603a Jun

26

807b Jan

2

22 ft NOV 21

20'ft Jan

14

26ft Jun 22

6 Vss Alar 10

10ft Sep 29

9 ft Jan

5

1334 Apr 28

Firstamerica
Firth Carpet

44ftJun

Fliutkote

38 ft Apr
85 ft Dec

31
3

23

Oct

'l7

94

4

86

16

106

32 ft Dec

29

Apr~~3

Jun

112ft Dec

3

Jan

24
5

89

26

Jun

33 % July 18
87
Jan 30

40 ft

Sep 10

34

Jun

Mar 17

89 ft Jun

313b Mar

18

2

35ft Dec 31

263a Jun 24

7% Jan

2

17ft Dec 31

13 ft Jun

46ft Dec

40

Jan

•! 89

180 ft Dec

2

$4.50

5

48% July 2
273b May 29

24

96

12%Jan

35 ft Oct 27

«4

1

9

Nov~28

100

2

43
Jyn 15
.193b May 7

25 ft

1

Feb

43

Mar

9

93

,

Jan

8

18

Feb

170

24

Feb

2

24

17% Jail

2

9

5234 Jun

29

16

207

Jun

19

Nov

10

35!a Apr
37% Jan

1

453b Alar

2

50ft Dec 31

5034 Jan

2

15

Jan

2

22

19 ft Jun

29

757 a July 2
2134 Jan 13

25 % Feb

25

95

89

July

1
52ft Aug 11

7

30 ft Jun

Nov 19

39 ft Oct

Jun

2

29

33 ft Feb

2

14ft Sep 24

6:ft Jun

25

10ft Jan

14

15ft Dec 22

143b Jan

95

9

8% Jan
>

5

9ft Jan
54

2
2

Jan

20 ft
70

69ft Jan

24

Mar 11
5

49 ft May 12

1234 Jun

193b Feb

273b July
1
183a Jan 28

Dec" 18
Dec

Co

21

20

373b Apr 22
27"a Jun

2

77

Feb

30
26

27 ft

47

223b

63%

643 b

,2734

28%

4634
65
20

2nd

19

17 7

41 %

417b

,41 %

41%

51

503 b

51%

,51%

5134

58'ft

60 ft

603b

61%

61ft

ft

58 ft
16 ft
3934

x142 ft

14334

577 a

103

60%
2434

preferred

—

*103

104 ft

*103

104ft

61%

61%

613b

643b

6334

4,500

6,600

25 ft

243b

25

243b

5,200
10

EXTRA

65ft

24%

25

10%

10

ft

10%

38 3 4

88-j
108

88

106ft

10ft

103b

10'%»

/.'

3!)

39ft

*87

107%

273b'

273b,

273b

28

46

463 b

46

223 b

23

107ft

108

2734;

46ft
233 b

34 ft

3474i

_i

27!b

47!4

!4.

223u

233 b

35ft

•»

91 ft

27 ft

*13 ft

2734

6?6

.

10,400

28%
48%

•X32ft

3434
*88 ft

35

2,900

10,300

10834

47%

.

133 b
5234

*88 ft

1034

28

ft

91ft
28 ft

34%

91ft
283b

107

20,300

87 'ft

t87

87'ft

17,100

HOLIDAY

40%

ft

40

*87

46 ft;

19,200

23

7,100

a

353b

6,300

*88%

91ft

35!

2^

28

283b

4,500

10

13 ft

14

13%

10

51

5234

51!

100

*'200

100

89

90

*89

90 .ft

90

ft

91

™__i
"5

_

90'ft

90 ft

33

33 ft

33

33 ft

31ft

33

32

33 %

7,700

743b

75

743 b

743b

745b

75ft

753b

71,400

193b

75%
193b

3434

36

•Foremost Dairies Inc—

Fostcr-VVliecler Corp
Francisco Sugar Co

104 ft

*88 ft

preferred
1

Foote Mineral Co
Ford Motor Co

CLOSED

14534

25ft

22 ft

6,900

EXCHANGE

145

15

preferred
Chcm Corp;

163 b

393b

393 b

1443b

£_1

convertible

16

383u

a

39
143

27 ft

2.50
No pa/

8,800
15,500
STOCK

62

14334

393b

*107

16!

.3,700

197b-

617a

1034

100

16%

16%

3934»

193b

*103

3834

2.50

convertible

16

39%

u

143

103

*87

Inc common
$4.20 (livid- pfd scr of '51
Food Gland Alarkcts Inc
&

.

16 ft

5

_V

1,100
8,200

42 ft

5,

pfd,

\,800
.'

66

18 3 4

No par

A

\l,100

.

223b

•

64 ft

64 ft

18,400

46 ft

*22

2,300

l

283b

46

223b

46%
*22

49%

2

Fluor Corp Ltd
Fair Stores

19

:

Franklin Stores Corp
Sulphur Co
Fruehauf Trailer Co common

2

14!4|

*200

133a

14

52 ft

5134

51 ft

523b

*200

ft

1934

193 b

1934

19

35 ft

34%

353b

35

35! 4

7

;7%

7

7

634

7

90O

14,800

*200

34 ft

10

_

No par

193 b,

ft

7

100

11,400
-

8,800

7ft

1,800

10 %
28

'

20,300

1

16

16

1534

1534

1534

1534

10

23

283b

28

2834

273 b

28

1534
273b

1

26!4

26%

263b

273 b

27 !b

27 ft

2634

2734

90,900

—100

*70%

71 ft

*70 ft

71ft

*70 ft

71ft

70ft

72'ft

70

Frecport
4ft

27 ft

41ft

39

Food

334 ft

27 ft

*46! 4

19

No par

Light Co

3 ft ft

583 b

417a
497b

common

conv

Mach

583 b

5,500

19 ft
58'ft

183b

Corp—
Co,

Florida Power Corp.
Florida Power &

41b

58%

*22

63 ft

-19%

19%

4734

49!4

100

preferred

Food

19%

58

2634

193b—

Shares

83a

413b

10

—

35 ft Jan

S83b

9

19

;

223b

62!4

6.25

com_

First National Stores

117ftJun

Jun 25

57 Tit

4634

_

Firestone Tire & Rubber
4ftft preferred
JS

19

107% Dec

19

..

583b

58

5834

1

103ft Feb

Nov

9

July 3

10

6

88

57%

9

26%

Flbcrboard Paper Prod———Nonpar
Fidelity Phenix Fire Ins NY_I____5

101ft Jan

14

57

834

*22

.2^50-

Fenestra Inc
Ferro Corp

56'4

9

57 ft

5

Federated Dept Stores

Filtrol

July 1

57

the Week

Friday

Thursday

July •

Ija.f

—

Sales for

PRICES

Wednesday

June 80

7

ft

8

FacfffctElectric Co
—1
Federal Paper Eoard Co
common—5
4.60ft preferred—.
25

15% Apr 25

,

-

56 ft
\

SALE

HIGH

AND

Tuesday

June SStf

5
2

Mogul Bower Bearings

5

55% Feb

cW

Metallurgical

Fodders

61 ft M av Vf8

10

Par
rm

Corp

16ft Mar 10

243a Alii? 21

13/4 Apr

ft Feb

47 ft Feb

DccflB

Monday

EXCHANGE

53ft Jan

49

LOW

NEW YORK STOCK

Highest

preferred

.

800

G
17

123b Jan

e

34ft Dec

8% Jan

2

17ft Nov 17

163 b Jan

2

2434 Alar 17

40 ft Jan

22

48

453 b Jan

12

51ft Alar 17
39 ft Jan 27

T

~.Jan

20 ft Jan

32

Jan

27

35

2
17

Jail

9

July
Dec

31

27

4

46

51 ft Dec
45 ft Dec

2

33b Jan

2

38

Feb

5ft Jan

Oct 22

3134 Jan

34

14 ft Jan

173a Nov 12

3ft Jan

73b Nov 20

52ft Apr
26ft Jan
Oct

Jan

7ft Oct 22

24ft Jan

94

Jun

24ft Feb 25

40 ft

9ft Jail

8

8

53b Apr
-42

19'/a Alar
8

Sep

9

6434 Jan

19

15

.36% Feb

2

96 ft Jan

7

9

ft Jun 25

28

7

12

138

39

9

103b Alar 25

34 ft Jun

9

42ft Apr 10
457b May 11

153

38 ft Mar 26

7534 Jun 26
25 ft May

.55

~9% Novlo
293b Dec

673b Nov 19

84

5

Jan

73b
24

18

28

53 ft Jun

Alay 19

Alar 17

2934 Alay 27

8

Feb

93b Jan

2

3934 Alar 18
66 ft Jan

5

Apr
19ft Jan

8

793b Dec 29

743b Feb

8434 Apr

21

2

34 ft Dec

31

3034 Jan

40

Jan

13

79 ft Dec

2

7T%

97

4ft Jan

2

223b Dec

18

16 ft Feb

60 ft Jan

2

89 ft Dec

30

88 ft Jan

117

Jun

3

104

52

Nov

6

45

57

48

105

Sep 19
2
33ft Jan

105ft Oct

117ft Jan

6

Gamcvell

9

Feb

Alay 21
Alay 29

com_I—1

Inc

preferred

General

Acceptance

Corp

General

American

3

2

112 ft Mar

4

Transportation—j.,25

General

Cable Corp

Finance

si

Corp

Corn

$5

preferred—

Jan

7

373b Jan

2

50ft Dec 31

47! b Feb

6

24 ft Jun

26

Apr" 15

383a Dec 16

33

Jan

27

243 b Sep
4
473b Dec 30

153a Jun

3

46 ft Jun

2

617b July

28% Sep

16

2534 Ja°u

2

31

Nov

11

27

27ft Sep

4

21!b

15 ft Jan

3

32 ft Jan

13

17ft Jan

6

3

Oct

20

5!b Jun'lo

578 Jan

5534 Apr
6
243b Jun 29

General

•39ft Feb
21

Jaft

When

28

2

163b Jan

2

22ft Apr

7

83

3

General

$1.32

13

$1.30

26

May 18

$1.30

preferred

Feb

12

7334 Alar

35

Jan

2

44 ft Jan

15

Feb

9

.Jan

12

SO ft Jan

8

91

2

99

Dec

4

98

2

273b Dec 29

27

Jan

2

ft Juil

17

53

Jun

23

Jan

2

84ft Jan
20ft Jan

79

,

643'a Dec 29

Jan

92 ft Alar 26

415

Apr

99 ft Mar

2

104

Jail

26

363b Apr

23

30ft Oct

15

20ft Jun 23

3

49 ft Oct

14

443< Mar 18

7

39 ft Dec 10
9434 Alay 21

363b Jan

8

48

89ft Jan 21

92 ft Jan

27

96

15% Apr

24 ft Dec

22ft Jun

26

273b Jan

47

9

2% Jan

2

157ft Jan

16

Feb .12

3

Jan

2

39!4 Nov

41

Jan

2

1

Jan

2

434 Jan

9

3 ft Dec

'?

9

14

7

3o ft Jan

493b July 31

Wan

76!?Jan

117ft Jan

30

30

12

172

8134 Dec 29
12434 Dec

7

22

3ft Jan

5

33b Alay 15
175
July 10

53 ft Alay 19
69

Dec

Jan

2134 Jun

Apr

44

20

2

423b Apr
1
2ft Jan 27

3

834 May
7

48

ft

Jan" 31

47 ft Jan

15

Oct

13

62 ft Nov 20

3

41

Oct 28

Dec

2

46

Dec

24

S2

Apr

17

17
Apr 30
503b Jan
2

59

Dec

31

Oct

131ft Jan

146ft Jun

4

22 ft Jan

393 b Dec

29

For

16

footnotes

15

XI

4

May 28

10 ! b Alar 13

3434 Jun

22
2

Mar 17

84 ft Mar

4

153b Mar 19
553b Jan

31ft July

6

2.

27ft Jun

25

141',4 May
47ft Feb

28

85 ft Jan

4

22% Jan

2

10

5ft Jun

16

88ft Jan

81

81%

81'ft

81

82 ft

4614

4634

463b

47%

47%

47 ft '

41%

41ft

40 ft

41ft

40

41

39%

40 ft

39 ft

40

39%

40 ft

41

♦

n

I

33%

*32
*58 ft

59 ft

5%

5%

%

•32IS

33 ft

59! 4

5%

120

3,500

5%
4834

5!4

59 ft

53 b

12,200

49

48 ft

487b

48 ft

243b

243b

*24%

1,100

37 3 4

3734

24 3 b
373b

24%

37%

37 ft

3,300

153 b

153b

153a

153b

153b

1534

153.1

5,600

60 ft

6134

61%

61%

61

603b

613b

3,100

29

29

28

293b

29

29%

29 3 a

1,700

1.

ft

8,500

*26 ft

26

26

693b

70%

69.

70

69 %

693b

8434

863 a

84 ft

86

8434

8834

283b
27 ft
•

'74ft

74! b

77%

76%

49,300
11,600

763 b

74 ft

76 %

743 a

6934
94'ft

89%

34,400

90

*80

90

90

90

*85

*405

450

*400

450

*400

50

95

450

450

*80

*405"

1,000

26

69 ft

*92%

93

*101 ft

ft

103

93 ft

103

93

9334

ft

noift

103

*93

9334

30

103

103

103

no

9334
•

353b

3534

353b

3534

353b

35%

44

46 ft

463 b

4734

47 %

47%

47'ft

4734

5534

5834

58

58'4

58

60

01ft

62

22%

23%

22%

23%

22! b

223b

22%

22 ft"

—,1

49%

49%

49ft!
45 %

49%

49

4934

49 ft

493 a

47 %

47 ft

48

47! it

48

96 ft

96

96

*95 ft

96'ft

2234

23

X2234

23

"

80c

5

443b

45 ft

—No par

96ft

96 ft

_5

22%

23

23

23

1

173b

183b

18 7b

19%

19

19%

common

*95 ft

.

47

47 3 4

473b

4734

47%

48

22%

223b

22'%

22!^

213b

22

1

Brewing Col

33b

33b

3 5b

33b

3%

Gold & Slock Telegraph Co—
(B F)

100

*180 ft

200

*180'a

*180'ft

200

Gould-National Batteries Inc

Grace (W R) & Co—
Graham-Paige Corp common,
6!b
conv preferred—
:
Granhy Mining- Co Ltd

10

943b

96 ft

96 ft.

No par

14234

1453b

14'434

145%

4

*37%

3734

373b

373 a

1

473b

4734

47

4834

1
_10

Granite City Steel—L
Grant (W T) Co common

10%

IV

5
5

Co

7

7

33ft.

12.50

10'b
*634

,

34

68ft

.

27b

3

3

693 b

98

6,600

4,100
1,000

,2,800

197

10034

9934

98

100

145

152

151

37%

38

38

38

47%

48 ft

48%

4834

10%

10

10%

10

7

7

333 b

12.9G0

10 %

4,400
700

7

7

7
•

800

15,800

3

23a

3

13,700

34

7,400

33ft

3334

333 b

69 !b

.

9,600

154

23«

3

7034

693b

7134

71

72%

.46

-'v63u

3334

—

.

.

45

45 ft

4514

45%

45%

-463b

75
13%

7oft

76 Vu

76''a

76 ft

76ft

76'ft

13'b

13 Vu

13 %

13

133b

123a

40%

41%

40 ft

40 7

403b

403b

7.10O

13

Atlantic & Pacific Tea Co„1

15,700

76 ft

1

41%

334%

preferred

5

—100

GraVson-Robinson Stores
,Gt Northern

Iron

(H Li

Co Inc

1

m,

30%

-

"

303b

313b

31

Greyhound
4%ft

Corp common,:
preferred

Grumman Aircraft Eng Corp

,3.
,100
1

1

290

45 ft

46%

45 !b

46'ft

45'%

47

55%

553b

55',4

5534

553b

5534

26

26

136 -ft

24,500
4,700

31ft

47%
55 ft

26ft
136ft

Co

'

'5,100

46%
55 ft

Ore

Ry

a

26%

307b

26 ft
135

31

26%
135

26! b
*134

26%
136

,

6,400

5,600

34

6,700
60

135

28

273a

22 ft
*86ft
25%5ft

300
1.900

199,700

331

*180 ft

197

6,800
-

22 34

33b

334

2,200

13,800

433 b

22

10
Inc,—

2,300
24,300

20%

19'4
473b

5

Co

Union

*26 ft

26 ft

25%

333b

C'orp ex distribution

Globe-Wernicke
Goebel

283 a

*25 ft

253b

*26 ft

"

353b

Gladding McBean & Co
Glidclcn

*26 ft

27 ft

25%

283b
'27 ft

26

_100

—

Brothers

Glen Alden

283 b

*25 ft

26

*26ft
*25 ft

83fto

Guantanamo Sugar—-,

Z1

296,000

33 ft

58 'ft

59 ft

5f>

10

10

JtL

800

15,200

1

3j

*32

33

1,000
5,300

37%

Green

16

1,700

243b

5

20

690

ft

X8034

5 ft

—25

30 34 Alar 30
Jan

105

173,900

81%

27 ft

28 %

28%

29

28 ft

237a

11.800

22%

2234

23

223a

23 %

23'%

2334

12,200

87 ft

*863a

87

*86%

25ft

25'4

5ft

*5 ft

'

17

3,600

53'ft

4834

8

24 ft May 29

600

7,000
28,600

47%

58 ft

5

Prop—No par
25
Nopai
Great Western Sugar com
No par
7% preferred
100

18

333b

413b

y32'

Northern Paper Co

30

323 b

92

35 3 4

Co

Northern

Jun

32 7.,

89 ft

33 3 «

4

Products

Great

253*Alar 23

90'ft
313 b

38 ft

32%

243 b

new,

$4.50 preferred,

Great

91

89
33

48

Getty

Grand

8834

%

„10c

Goodrich Co

Feb

36 %

'37%

ii!

Goodyear Tire & Rubber

4

36%

.

10

Corp

1

493b Alay 19

36

y40! 4

1

2
19

36

403b

100

154

40!b Feb

35 ft

*46

1

1

5 ft %
preference
Genesco Inc
*

10314 Jun

July

34,

81%

45

10o

Great

103b Jan




Jun

37

10434

100

5

2634 Dec

24.

182

28

553b
80%

u

104 ft

—

27

2

page

43b Jan

8034

^33%

1033b

preference
preference—

597b Apr
303b Feb

173b Jan

see

27

553 b-

80'ft

10414

conv

Ulmbel

247b May 20

37,900

543b

80 %

X10334

com

preferred

4ft%

l

2

46,100

553b

79 34'

10

,54ft Jan

11

Apr

4%%

Oil Co
Gillette Co

8

56!:

803 b

323 b

543 b

ft

25

Time Corp
General Tire & Rub

7
1

33%

333b

55%
80

25

1

87

173a Alar 20

50ft Jan

23

32%

2,700
55,300

105ft

(series B)

8

19 ft Dec

,80ft Jun
7ft Dec

2

135

July

48

26

July
497b Jan

20 ft

2
22 •
7

45 ft
.

July
ft" Apr

72 ft July

36ft Jan

12
12

Jun

533b May

7

39 % Jun

10

313b Dec

Alay

8ft Jan

15

20% Jan

^14% Jan

74

1

Sep

vi1,.;, Nov

15

38 ft Jan

July 8
93b Dec 11

3

5
15

Jun

56

88

S3b Jan

Jun

32

.

~83b

Alar 30

2874 Jan
-

73 b

105 %

General

$5

30

1,600

73b

8

105

Electronics

Gerber

10

133a Apr

&

71

3

23!b Jan

22

Tele

Georgia-Pacific

44ft Jan

16

3

73b

105

preferred

54ft Apr 24

-33 ft Apr

213b Jan'

28

8

'8
32

52 ft

preferred

M

90

—

79

26 ft

Telephone Co of Florida—

3

29 ft Feb

258

2,700

'ft

104%

Castings Corp

29ft Feb

Dec

HOLIDAY

2(3

1043b

Refractories

2

90 ft Aug

275

43%

*76

10

1

24

1
15
Sep
9

Apr 29

43

7 8'ft
26 ft

ft

26

ft

523b

Realty & Utilities

Jan

40

Feb

129

4334

78

26

.6.67

General

104 ft Mpy 20
83
May 8

43%

77

,2.50'

26 ft Jun

34ft Dec 31
50 ft Dec 16

4334

104 ft

Corp,,

2

Genl

4334
26 ft

105

10c

Utilities

60

14

Jan

4,800

ft

issued.

25 ft Apr

Ffcb

25

EXTRA

51 ft

Railway Signal

General
25

38'ft

*76

8

—

General

General Steel

3534

105

Co.:—;

18

May 22

353b

104

Public Service

Public

353b

513b

conv preferred
No par
$3 convertible preferred——No par

General

36%

2,700

32 %

88

$1.60

15

83 b

32%

No par

;

130

9%

104%

26

Rights

3,900

9

9%

105

Equipt Corp,

Preferred $3.75 series

5,300

CLOSED

93 b

50%

Jun

4

EXCHANGE

151

104%

Precision

11'0 Jun 26

STOCK

123b

150ft

No par

.

2,700

61 'ft

12 %

123 b
150

105

General

May 25
6034 Alay 6

60'ft

62'ft

12 %
150

30%

51%

45ft May 11
37

12 ft

1,200

95

293 b

30

61%

61%
151

333b

*94%

107ft

28

2

29 ft

100

45

333 b

9434

1047.;

Jan

2

34

50%

Cement

52 ft Jan

313b

*42 %

45

333b
*94%

104 ft

Portland

29 ft Jan

*42%

33 ft

106

Outdoor Advertising

6

1,200

1%

General

52 ft Feb

6 ft

63 b

100

General

31ft Feb 24

1,600

63 b

6 !4

*37%

No par

Motors Corp common

24

2

17%

IMi,

1

52

Alay 26

17%

36

44%

_

18

55

—No par

Corp,

5ft preferred
General

1

.

3134

5

General Dynamics Corp
General Electric Co
General

7%

5

437b May 25

4434 Jan

36%

2,

7

27

3434

77

.

5,500

33

6ft

93 b

27%.

Corp—'

a

33

17%

12%

63 b

6'ft
33

1734

*150

93b

44

4

2f5

93b

'27

37
2

12 ft

151ft

*70

42 ft Jan

31!

3,900

6',

%
5934.

60ft

12 ft
-150

_i

80% Jun

Jan 20

4534

29

.100

19

41

45%.

6%.
*313b

63b

31

No par

com

1st preferred

Jan 22

Aug 25

45%

63b
37

1734

63b

,

4ft

General Cigar Co Inc
Gen Contract Finance
General Controls Co

Dec

27

453b

*32

13

59 %

Baking Co common
5
preferred
No par
General Eancsharcs Corp —
2
General Bronze Corp
5
$8

44

3

45 %

63u

33

95

92 ft

Alar

3,600

45

Aug 29

Apr

54'ft

*94%

Jan

87

54! 4

*4214
33 ft

83

Alay

54 ft

95

34

6

63b

5334

44 7 b

45 ft

30

200

1,000

54

33

of Texas—5

4,400
-

5314

45

Amer Oil Co

48ft

2934

323«

General

4,900

23'ft

2934

*94%

100

24%

223b
*48

48 ft

293b

*42! 4

$4.50 preferred

22'ft

-

293 b

6ft convertible prefcrrcdi—,
5p
General American
Investors com—1

com

Mills common

Alar

53 ft July

*47

2934

6 3 ii

General

114

*29%

47 ft

24 'ft

24%

22%

*

_i

Indus

Instrument

17

ft

63b
*32

:50

23%

.

-22%

47 ft

17%

Foods

25'

22

:

1

General

Mar

8

53%

45

Industries

General

Jun

23

53

convertible

120 ft May 25

103ft Jun

90

5

8

383b May

16

29

2434

2414

22

49

__No par

Co

Wood

4!bft

24 ft

22

*48

preferred

Gardner-Denver Co
Garrett Corp
——
Gar

24! 4

5

50

common

"

convertible

General

23

93ft Jun 27

5ft

1

.

Gamble-Slcogtno Inc

General Amer

22

Jan

11

Co

14ft Jan

ft Jun 16

43 ft Dec

Apr 10
Apr 29

22

73b Feb

30 ft Apr

14

Jan

Gabriel

67ft Alar 11

9

5

7

3

13

141

Jan

4

94 ft Jun

3814 Nov

7ft Nov

Feb

9

19

Apr
31% Jun

19 ft Jan

«5

Mar

37ft Jan

13

Aug 25
93b Nov
7

Dec

9

7

18

Apr

14 ft Nov

Jan

8

563b Alay 21
507b Jun 11

5

51 ft Feb

125

19

Alay 11

11

363b Dec
102

33

9

17 !b Jan

67-ft Nov 26
15

28

2534
6

20

87

87

87

26

26%

26'ft

26 Tb

10,700

*5

5%

*5 ft

53a

40

17

18

The Commercial and Financial Chronicle

(62)

.

.

.

Monday, July

NEW YORK STOCK EXCHANGE STOCK RECORD
•

Year J 958

.

Lowest

May

9

28& NOV 17

25% Jan

2

62

Mar

5

75% Dec

22

71% Mar

6

Dec

16

129

107% Jun

17

Gulf

73% Jan 22
127% Jan 22

$5

30% Feb

24

28

Jun

9

Sep

19

May 29

83

% Jun

29

9d

Oct

30

102% July 14

83

95 % Jan

10

100

13

91

96

99% Sep 25

Jun

109

1

May

30 >2 July

preferred-:
Gulf Oil Corp—.

100

99% Jun

$4.40

dividend preferred
100
dividend preferred——.100

Apr

9

$4.44

dividend

104% Mar

20

4

10o
$5
dividend
—100
$5.03 dividend preferred——100

3

105% Mar

3

44% Feb

$4.20

9

•

•-

29%

29%

76%•

76%

*75%'

109%

110%

28%
*83%

28% 28%
83%
83%
8<V
90
*89
-491:
*98% 101%
*101
101%

—No par

-

13

91

29%
.

SALE

PRICES

Sale* for

Thursday

Juiy '

.

' July

Friday

►

July 3

29%

110

29%

29'-'.

76%.
110%

*75%

76%

110%

111'

preferred
preferred—

2,000
100

21,500

100

101

30

101

30 %

12,300

84%

*83%

84%

50

*89%

91

*89

91

*89

.

91 4,

100

29%

Shares

*83%

91

-

•89
•

28

29%
84.

,•*39%

the Week

1

States Utilities Co—

Jan

94

HIGH

Wednesday

June 80

29%

29

AND

Tuesday

*75
76
'
109% 110%

—

89% Apr

May 13
Apr
9
May 25

Alonday
Jun e 29

—'_No par
25

—

Common——-.'—.

'Jt,

.

Par

Mobile & Ohio RR corn.No par

Gulf

84

,

.

EXCHANGE

Highest

M

25

NEW YORK STOCK

K*nge Since Jan. 1
Lowest

Highest

101 - Feb

LOW

STOCKS

Range for Pievious

»

91

*89

91

*99 %

.<•

100 %

*101

100

100

200

*101

102

102

50

II
38

Jan

3

47% July

7

69
Aug 14
29% Nov 18

49 '/a Apr
20

Jan

21.

2

13% May 20

24% Dec

8

70

Dec

3

71%. May 19

Halliburton Oil

5

Apr
25% Jan

Hackcnsack Water

1

53

48% Mar 31
29% May 22
24.% May 28

Hail

20% Mar 31

Jan

2

99

Feb

6

Jail

2

33% Sep 20

28%Jun

19

2

41

Nov

19

39% Jan

5

47% Dec

10

26% Jan
Jan

13

Nov

10

23

30

Apr

7

30

Jan

13

123

.

32% Dec

1

44% Dec 30

98

65 % May

132

33

14
18

34

9% Dec

17

33

34

Jan

46

_

6
5

Mar

16

3.

Harshaw Chemical

30% Jun

9

39% Apr

51% Dec 31 '
15% Nov 17

52 % Jan

2

79% May

12% Jun

19

67 4 Nov

10

64% Jan

2

89% Feb

21

84

J un

25

2.7% Apr
30% Apr

14
9

25% Jun

17% Jan

6

23% Jan

2

33% Dec

8

32% Jan

2

38

Jun

27

30% Dec

Feb 25
10,
38% May 1
107% Oct 31
63% Jan
3

26% Jan

..

74

'

2

9% Jan

7

Jan

19

108% Jun

24

Apr 23
19

66

Jun

Jan

10

33% Dec

19

9% Jan

20

17% Jan

3

25% Jail

7

85
8

19

Jan

7

15"% Feb

10

29

$4%

81

Dec

1

92

Feb

20

9

Honolulu

No par
c——1

^

Hooker

■5%

Jan

30

45% Jun

1

23
9

90% Apr
9% Apr

13

Feb

6

Hotel

Jun

26

32% Apr

30

57o

6

Jun

Gil

Corp..

_•

24

20% Jan

2

38% Dec"

3

35

25

38 % Jan

29

13% Jan

2

24% Dec

1

19% Apr 22

23% Jail

21

15% Feb 11

50

88% Ja n

50% Dec 31

Dec

31

Apr

7% Apr

7s

42% Mar 18

52

Apr

89% Jan

2

41

Oct

13

42

Oct

3

48

9

Dec

1

52% Jan 22

46

2'

51

45% July

47

45% Dec

38% Dec 31

35

Jun

9

47% Jan- 21

40

J tin

15

42

July

Jun

Jun

23

42% Dec

2

47% Feb

89% Jan

2

38% Nov 20

6% Apr 25
14

Jan

65

Jan

156

9% Nov

86

13

24% Nov

2

12

2

101

Nov

162

July 18

4~3

Oct" 13

2

22% Jan 13
■e

3

May 27

26% Jan

29% Dec

20

12

1

94

18% Jun

5

26% Sep

87

Jan

143

Oct

Dec

30

30

23%

23%
29

42%

43%

3,700

_lo

55%

55*'%

55%

55':.

55%

55%

54%

55! 4

2,100
10,100

5

com

25

11

15
13

13% Apr
70"% Jan

1

21% Aug 27

17

95

Oct

13

2

13% Dec

31

85% Feb 27

122% Nov

7

88

10% Feb

Jan

Sep 25

71

Feb

4

136

Dec

18

32% July 14

40

Jan

7

85

Jan

13

88

Jail

2

33%

22

33% Dee,

3
May 28

Oct" 17
2

2

17% Jun

9

17

35% Aug

7

33',4 Jun

15

31

Jan

28

38% Jun

10

36 % Jun

19

87% Jan
29% Jan

34% July 16

33% Jun

9

13

44% Nov

37

118

Jan

2

10

14% Nov 14

IS Va Jan
2
19% Feb 25

(2

Jan

15

19

/Dee 31

19

126% July 24
42% Oct 28

26% Sep

3

33% Oct

3

90% May 12

Mar 12
3

Jan

28

16%-Jan

2

69

158
37

Jun

23

Apr 27
Jan

47% Apr
35% Feb

12

28
16

45% May 6
34'/a Jun 12

38

May 22

For

footnotes

see




page

24.

22!!

3,400

46:%

5,200

17,100

It^QO

preferred—
preferred

_5o
50

50

i

—50
50

& Light—No par

*41

37%

37%
41%

*42%

43

37%

371!

41%

*41

41%

42%

42 %

*42

43

47

-"47

47

37'.!

37%

*41

371a
»41

3QV4
—41%
42

42

~40
770

47!!

*4614

47%

47%

45%

45'.!

45%

45%

*42

43

37%

37%

*46 34

*45%

43

*42

47"

46%

46%

*37%

37%,

37%

43

*42

37%

*42

90

43

>

37%

37 %

700

A

100 pesos

—

:

Ingcrsoll-Rand common
6% preferred
Inland Steel Co
,

8!!

8%

27%

35,600

*8%

27%

273a

8%
28%

8%

a

27%

28%

27%

9934

99

1001:,

99%

100'!

*149

8T!

100

*149

153

7,400

*149

153"

50%
39%

52%

52

53%

53%

54%

39%

53%
40%

52%

40

39%

40%

40

40%

Inc—

1

*29!!'

30%

30!!

30%

*30%

31%

*30%

31%

200

5

35%

35%

35%

3534

35%

37%

36%

37%

4.300

83%,

88%

88%

89

89

89

No par

common..

100
r

445

153

30

5

Machines

common—No par

-

30 3

'

30

a

50%

51'

"

448

51

a

30

52

140%

141

140%

33%

34

33%

331,,

preferred—
^100
International Alining Corp___
5
Int'l Nickel of Canada—_1—No
par
In'ernatinrial Packers Limited—1
International Paper common
7.50

*73%

76

*■73;%

4%

—

$4 preferred——*
Int'l Rys of Cent Amer
5%
preferred
International Salt

No par
No par

*

com

common

54%

141%

33%

32%

53%

141%

141

32%

*73%

74

30%
451

447

74

*73%

54%
142

33 %

80

8.000

14,900
51.900

1,370
13,600

76

26%

25

25

24%

97

25%
97%

24%

98%

97%

98%

99

15

14%

15.!!

14 3 a

141,.

14'!

14 T a

7,400

1191!

120%

120%

122%

12,700

91%

90%

90%

200

1,300

«

118%*" 119%
*90%. 91 %

119

120

*90'// •91%

*90

247ii

3,100

1007,,

20,200

13%

"

153

13 7 i,

13 %

13%

13%

13

13%

66

13%
66

63

65

63

63

60

62

151

151

151

*152

154

150%

153

34TV

35

34 7

—25

43%'

44Ti

43%

7%
preferred—
—25
International Telep & Teleg.No
par

30'%

89

14 Tit"

No par

I

4

7,300

97%

No par

International Silver

*88 3

15,300

25 s,,

100

Shoe

449 3 4

.52%

141!!

_5

com

30%

447

30%

446

446%'"

153

*149

!

100

preferred—

Int'l Afinerals & Chemical

International

900

99

20

Corp
4% %
preferred—
Interlake Iron Corp^

7%

8%

97%

26!

a

.——100

Inspiration' Cons Copper
Ctfs

.1
—No par

35 %'

«

43%

.

460
400

35'!

35%

4,100

43 3 4

43 34

1,200

33%

43%

35%

43%

34%
"

*32!!

33%

*32%

331!

*32%

32%

32%

38'a

38 '„

38 %

39%

.39!!

40%

40%

41

33!.!!

33 3 V

32 7

«

33%

32 T a

32%

32%

32%

31%

31 Ta

31%

31%

31 %

31%

1,700

18%

3,000

100

74,900

1,300

3734

6.000

34!4

4.100

38%

3,500

5
1

30% '31!!
'

1

Iowa Power & Light Co...
Island Creek Coal common
$6 preferred—

i050c

I-T-E

Jaeger Alachlne Co.
1
3
Jefferson: Lake Sulphur Co—
1
Jersey Cent Pwr & Lt 4% pfd—100

7

May 12

Jfewel

Circuit Breaker

Tea

3%%

Co

Inc

common

preferred

591! Apr 27
70'% Jun 19

Johns-Manville Corp

81% July

Jones

103% Feb
58

Jun

2
16
23

-III"5

Co

;

Johnson & Johnson
5%

&

Laughlin Steel com
preferred series A—:

Joy Manufacturing Co

1

100

5

20%
-

*45!!'
*82

*

,

52

38

*119

.

38!!

>120

38

*119

120

47%

48%

47%

47%

5,000

20%
22%

207n

20%

20%

22',

4,500

21!!

211!

21%

22%

11.600

86

83»!

83!!

84 3

8a

GO

45%

46

45!!

45%

46

46

1,300

*82

84

20%
21%

46

*82

83%
•.

80

«

,

!r 5734

84

*82

84

4

12,800

51%

„

65%

99%/ 99"4
57

120

2,300

*83!!

23

53
.

78%!

\

46% '""48%

21

22%

38
*119

46%

*83%! 86 !

65

-I

,

120

46%

5

100

37%
33%

38

373i

5

10

37%
33 "'a

33Ta
*119

50% Mar 18

28

2

21%

37!!

23% Jan

Jan

" 21%

34%

31% Jan

46% Mar 24

21 %

37%

86

8

21',,

343u

82

7

'21'%

60^

331!

20
May 7
20'% Jun 25

9

400

37%

23

2

36',

373i

Jan

49% Feb

36%

337!
38?!

123

59% Jan

36

37%.

113% May 13
36% Jan
2

97

36

Iowh-Illinois Gas & Elec Co

27

31

353,

-

35%

21

30

35%
21

1,700

18%

Feb

Dec

35.100

35%

Apr

99% Aug
54% Oct

6 Tit

18%

57

61

6%

353.,

88

56% Dec

6%

18!!

4

4

6'!

35%

23

11

67,i

3.000

181!

26

31

6 3 ii

54 Tit

35T!

Jun

Dec

91%

17%

Jun

Mar

20r'»

91%

35%

82

Apr

20%

18'%

50% Jun

83

54

92%

35%

24

93

21

54'

20%-

*91%

54 %

17%/

31

35

20

20%
92'',,

•%

92

34%'

May 27
40% Api- 20
37% Jan 21
15

■,

54

5,100
2.300
34.300

Interstate Power Co..
,——3.50
Iowa Elec Light & Power Co.
—5

Apr 27
19% Mar 5

Jan

43

EXTRA
HOLIDAY

54

66 7 „

38

Jan

88

15!!
20%

66

International Utilities Corp
Interstate Dept Stores—

52% Dec

Dec~23

15%
20%

65%

36

34% Apr 23

62%

15%
-20%

50!!

Harvester

45

13

4

20%

35%

Int'l

Mar 24

Jan

15'!

i

4

14

30

94

32% Sep

15%
203

35!

July '2

126% Mar
\

13% Jan

65!!

15'/,,
20 3 i,

463a

Business

2

Felj
3
28% Mar 19
281! Feb
9

65%

15%
20%

50!!

Inf.'l

35% Apr

19

28

81% Jan

65%

19 Tii

50%

May 29

153% Jan

6

2

%

15

35 3 i

26

54Ti,

26*

10

50

CLOSED

46%

24

100% July

Feb

EXCHANGE

35 %

30% Jun

Afay

32!! July

86%
93

451!

Intcrcljemieal

488

12% Jan

37

40

*85

*90%

491!

22

86 3 ! Jan

35% Oct

93

46'!

95% Feb

27

2

85

*90%

9,700

49%

37% Jun

2

Afar 20

GST 1,

*83%

93

100

STOCK

.

35%

Insuranshares

4

33% Jan

65

*74-

83%

*90%

74',!

35%

29

29

125

83 %'

%

84

93

*74

7.100

32%
74'.'.

46

Apr

70% Jail

Afay 7
41% Oct 30
6

6

32

26

„

741

21':,
39

49%

S

2

27% Jun

11% Apr
58!! Apr

74%

32

49%

Industrial Rayon—

7

50% Afar 18

88% Jun

11.

Afay

54% July

8
2

May

163

Jan

96% July 16

13

160

109

26

17% Feb

16% Nov

73'%

20%
*37%

32%

35%

Indianapolis Power

30

11!

73 %

39

46%

18

28% Jun

73

32%

Industria Electrica De Mexico

15

28% July

*37!!

32 3 4

200

34%

4.08%

29

21% Apr 24
95% Jan
2

140% Jun

Jun

33% Sep

37%.

32%,

*82%

22%:

20%

"

37 Tit

*90%

10.200

*21 %

48

Co

preferred

166

78% Jun

10

20

20%

50

81,

49%

Cement

4.20%

3

•,

85%.

8

21%

21':,

85

5

Ideal

45% Mar 18

Jan

200

Illinois Central RR Co„——No par
Illinois Power Co common
:_15

41

385 % May 12

7

—

Idaho Power Co—

36% Jun 26

39% Jan

22 %

%'

35%

j.

pa r

com—

preferred

25

800

81

8

32

*35%.

Inc

preferred

S

19%

39

6%

4.42 %

Dec

20 V,

8

32

6 3 it

14

Jun

29%

*211

M

Jan

88

22

20

47

29% Jan

22

5% convertible pfd scries A
_50
Hussmann Refrigerator CO———
5

12

800

28 7 ii

20%
92%

1
15

May"

23

54%

4.2G%

36% .Jan

23

4

*28 T,1

20111

4.70%

43%

22 3

.

29%

*91%

4

Jun

2,100

5

5

151

13%

100

3 '

Jun

13 Ti,

43

,

Indiist

Jan

8

13%
29

;
1
(Delaware)——-.!

Hupp Corp common

411! Mar 23

Apr

13%

23

preferred series A——

Apr

Jun

13 "4

42%

&

Foods

50

43

25,600

*28%'

Min & Sin Ltd—No

5%

May 25

V-

36%

54

43% Feb'

44

13

26% July

Co

47

~2

68% Jan

Jan

Sound

2

27 % Mar 26

Oct

7

1

16

35%

43

Hunt-

39
Apr 17
55% Jan 21

46

15%

36%

42 %

Hudson (Bay

29
21

30% Jan 28
13

16%

35%

43

preferred

53% Jun

93

7.000

*15%

44:',,

convertible

Howe

23%. May 18

40 Ti,

16%

42-?,',

Howard Stores Corp..

5

40 3 i,

40

.1,540

36%
13%

■

43 3 4

26

2

1,300

43,300

103 %

43 711

30

Jan

103%

85%

16% Jan

18

40%

397ii

35

20'.,
70

7C

43', i,

20% Jun

87% Jan

103%

%

■:i9%

85%,

8

19

103%

34

;

43 '3

15

17

70

86%

13% Jan

20

20%

a

11% Jan

6% Oct

35

19%

1.300
13.000

*28%

_

Afar 17

34 %

70

40

220

44%

7 5 it

30

20% l?ov
87% Dec

500

79

43%

42 7

17

2

1,400

108! 5!

78

*85%

18

Jun

23

%

77

43%

77i,

Nov

5% Jan

23

108

77

42%

86%

14% Dec

17

300

43%

15% Dec

27

%

7%

75

2% Jan

%

35

42%

10

72% Jan

32

%•

*85%

12

66

283»

32? it

.No par

22

13

28 3 a

*34

30

___

Corp

6% Jan

63

35%

500

86'S

Corp of America common—1

8% Jan

14

5.100

4,300

__12.50

82% Jun

40% Apr
13% Jan

%

13%

preferred.100"
4%
preferred—
i-— .100
4.40% preferred—————.100
Houston Lighting & Power!
No par

22.

39

13%

lo

'■>

103'%

35%

3%7o

6

102

,5

$4.25 preferred—

30

Jan

28

32%

20

*15'%

2

75

28

32%
*34%

35%

16%

80% Mar

65% Jun 17

*84

86%

70

10 3 !

39%

19?,,

96% Jan

35

36 %

*37%

85-% Mar

*84

1

34%

$2.25 convertible preferred!
__5o
Household Finance common...No par

23

66

13%

108'

*69

102%

39 %

Houdaille-Industfies Inc common—3

12

64%

70,

76%.

*15%

2

Jun

4.900

38%

13%

743;,

19%

102%

5

Jun

*38

69

4 In,

70

12

92

2.800

13%

82 3 H

1

preferred—.

Chemical

"

35

<

19%

Feb

81

400

10

69

"35

108%

74 '

% \ 42'4

Feb

6

Oct

74%
41

37% Jan

97% Aug 13

46

13%

28

35

50c

common

convertible

35

Jun

38%
■*67

65%

29%

9%

68%

86%

*32

35'!

.

1

13%

27%

32%

*38

93

69

*84

28

v-'

—2.50

Homestake Mining

82 % Jun

90

—

Corp..

•

Hilton Hotels Corp,
Hires Co (Charles E)_i

2

84

27%"

35

21

41

86%

46

9%

67%

68%

*69

22

24

'65%"
xl3%

5

65% Jan

2

%

18%
68%

28%
46

28%

45%

39

08%

„1
preferred series A—
.100
2nd pfd (conv)—___No par

49% Jan

17

*38

28%

9%

108',,

29% Apr

30% Apr 28
73% Jun 25

28%
45 3 4

9%

108%

2

19% Jun

39
68

-•<

11,400

108%.

29

37%, Jun

28%.
*45

9%,

42%,

"108%

53% Mar

3

29

45'%

20

41%

.

100

Co

27% Feb

16

42

8,600

39% Apr

39% Sep

40

63%

Holly Sugar Corn

41% Dec

40%

4,800

62%

27

9

39%

5,500

46

624

22

13

40%

59 31

125

45

61%

15% Apr

27% Jan

59 3 4

*122 %

62%

24% Jun

36% Jan

59%
44%

61%

5

23% Nov 28

59

62%

5

.

59%
125

61%

common

Jan

22

58

90

2 1/12

Powder

12

21

54%

5,200

May 21

29% Nov

52%

.23'J,

3%%

2

7

52%

22%

21% Jan

31

52%

23 tii

12

Jan

53%

21%

Hey den Newport Chcm Corp—

May 21

8% Nov 20

52%

2,000
4,500

21%

Hoffman Electronics Corp
Holland Furnace Co——

1G

HOLIDAY

122%

•35

_

2

21
37

EXTRA

29%

20%

92

5
2

Jail

74% Dec

40% July

17

96%

29%

*13%;.;

.

700

96%

29''4

44%

*84.

23%

98

29%

21

39% Nov 20

7

Sep
Jan

7
19

23%

100

5,700
1,200

21 ».

22

15% Jan

«

CLOSED ■//

Hercules

2

31% Jan

23%

STOCK
EXCHANGE

Hercules Motors———No par

70% May 11

85

*96%

64.1V26%

29%

122%

66

5

Hewitt-Robins Inc

20% July

9

96

45%

*32

22

7
5

64% Jan

22%

22%
1

:

46,

29

44%

*38

,25

—_

06

57'%

9% ;

1

1

common,

26%

*122 '-2

10

67% Dec

24

23% Apr

(G W)

64%

-

noncumulatiye preferred—25

■1%

*22%
r,

125

28%

50'

(W E) & Co—

Heltne

47% Dec 31

30

2

39% Feb

Heller

*45%.

46%

*122%

.*45' '

1

preferred..—100

14

12% Nov
25% Dec

2

32% Jan

3.65%

Hertz

32% May
13 % Jan

106 %''•Apr

5
_10

(II J) Co common——

5 7o preferred
Hershey Chocolate

28% Jun

15% Dec 31

Heinz

27

Apr
40% Apr
39% Jan

Jan

i

Co—

%
%

53

57%

45%
,

40

—2.50

-

29
16
8

79

8

7
12

3

72% Apr
118% Apr

2

34

15% Sep 29
74% May 29
88% Nov 23

2

16Va Jan

16% Jan
50

70% Nov

7

Jan

10
20

36% Dec 31
35% Nov 20

13

Jan

16

Jun

Nov

118

14

11% Jan

35

19% Nov
61

35% Dec 31

60

12

16% Jail

22

64 %

26%

64%
,26%

45%

04%
26).,

46%

1

—

4 % 7o
preferred.
Haveg Industries Inc
Hayes Industries Inc—

90% May 5
31% Jan, 28
34 % May 11
37% Mar 13

7

22

Dec

29

%

45'S

64%

26%.
'

97

29

Hat Corp of America common

76% May 27

83% Oct

6

-

22

*96

Hart Schaffncr & Marx.

13
20

22% Apr 25
12% July 14
43% Jan
2

*•?

Harfis-Xntertype Corp
Harsco^ Corporation——

1

12% Apr

1

.

.

13

July

7% Jan

26'%

—100
—2.50
„_1

common

Hammond Organ Co
—
Harbison-Walk Refrac comi—*7s50 '
6% preferred
—.-100

2

Jfth

52% May
44% J Ml

64'%

26,%

——5

Paper Co

*45

46

,

62%

Cementing——5

4ft--, convertible preferred
Hammermill

C

59% July

44% Feb

30% Jan
Apr
26% Feb

29% Nov

Hamilton Watch Co

Apr 29

33% Mar 1G

122% July

36% Nov

20% Apr 29'
22% Jan 20
3% Jan
9
28% Jan

Mar 17

140

88

*45

25

—

Well

(W F) Printing Co.-

52%

52%

53%

53%

543h

G6

66»s

65 %

66%

64%

66'a

4,100

'. 78T!

805a

79%

80%
99 ?!
571!

30!:,

81%

39,300

*99!!

100

56T8

58

99%
57

acq 1

56%

100

57%

90

5,300

6

1959

Number 5861

Volume 190

.

The Commercial

.

.

and

Financial Chronicle

(63)

NEW YORK STOCK EXCHANGE
STOCK RECORD

Range for Previous
Year 1958

Lowest

STOCKS
NEW YORK STOCK

Range Since Jan.1

Highest

Lowest

Highest

LOW AND HIGH

Monday

EXCHANGE

Par

Tuesday

June 2!)

SALS

/

Sale* (M

PRICKS

Wednesday

June :><>

July i

the Week

Friday

Thursday

Shares

July 3

July 3

K
23

Feb

68% Jan

28

47% Oct

2

39% Jan

98 7b Nov

7

83

13

2

37

11

4574 Mar

Feb

9

93% Feb

60% July

10

2

38 % Jan

112% Dec

112% July

2

2

78

Oct

Oct

48

Feb

24

lo

131

Jun

4

May

125% Juil

16

1

47

Jun

12

Jun

12

82

86

6

Dec

9

96

88

Dec

5

*99

94% Jan

98

82% Jun

19

89

87

16

20

Jun

10

88% Nov 19

2

38% Aug 13
427b Dec 30

Jan

2

29% Dec

3

28% Jan

2

18% Oct

30

16% Jan

25% Apr

7

43% Oct

10

33% Jan

2

105% Oct

51% Jun

30

-

63

Jun

29

64

Jan

1

5

60% Nov
29% Nov

11

53 % Feb

12

11

26

22

Jan

2

46% Nov

7

43

Jan.;

46% Jan

16

70% Nov

21

59

Apr

1

70% Jun

30

19% Apr
25% Jan

22

28% Dec

2

26 % Jan

2

42% Jun

18

34% Jan

7
11

Jun

707b Apr 21*
31% Apr 20"

7

47%July

27% Jan

2

45% Nov

78% Sep

9

86

80

9% Feb

17

32% Nov

137a May
3174 Jun

22% Jan

2

24 % Jan

2

12

43% Nov

7

Jun

17% Mar
34 %

37% Jun 22

16% May 26

22

Dec

31

20"n

31

333i Dec

15

27% Jun

Dec

22

13% Jan

2

22% Jan

6

22% Dec
33% Dec

24

4% Nov

6

3% May 19
17
Jan
2

25% Dec

18% Jan

197<i Apr
•

18

U

5

34%

(E J)

22

8

34% Apr,

24% Jan

8

30% Mar 23

Lee Rubber &

15

55% Apr 22.

Lees

83

Jan

17

1

Jan

Mar 28

89

12% May
39% Oct

85

7

6

12

1478 Jun

26

29% May

21

Jan

1074 Feb

9

7

377b-Jan

20

91

'May." 5

(Jtuhes)

3.85%

& Sons

9

17a Jan

2

13

15% Jan

2

$3

2

3% Apr
2274 Apr
8% Apr

6

5% Jan

6

77b Jun

19

10% Jan

12

287a-Jun

4

28

32

24% Feb

10

40% Oct 30

14% Jan

2

Dec

19
"

7% Jan

65% Jan
140

Sep

19% Sep
13% Oct

2

Jan"'

36
,■

317b Mar

Lehigh Valley

4

Lehman

13

76% Jun

26

13% Jan

9

5

807a Jan

2

14074 Jun

5

49

May

Mar

63% Jun
71% Jun

7%

1

25

4674 Jan

3

63% Oct

14

57 Va Jan

8

10

2

15

21

10% Jun

29

727 a Feb

9

1237b Apr

9

3974 Apr

8

37

9

36% Mar 11

Oct

90% Dec

11

10% Mar

1

Link

9

Mar

14% July

2

38% Oct 20

317a May

5

37% Jan

Jan

2

47% Dec

8

397b Jun

2

467a Jan

18

135% Dec

9

May 28

13974 Jan

26

367b Apr

15

22% Mar 28
99

Oct

82

Mar

85

Oct

30

Nov

12

104

3

Jan

120

23

4

297a Jan
100

88% July 28

2

May

80% Jun

18

92Ta Feb

100% Apr

14

129% Nov

12

84% Jun 25
2
12874 Jan
Jun

Jan

10

143

Jun

23

136% Jun

5

27% Feb

Dec

22

37

14

44

55% Mar

4

81

Oct

6

11% Jan

2

17

Sep

29

60

Jan

10

19% Jun

11

817 b Sep
24% Sep

3674 Jun

Louisville. Gas & El Co

900

203b

*

200

28%

29%

29

2974

297b

297b

29%

29%

800

26%

263b

26%

263b

263a

I 263b

26%

25%

2,900

•'

43%

43%

4334

44%

4334

4334

437a

89

88

88

88

88

89

30

13%

14

137 b

147 b

14

147b

137b

14

7,800

15

33 3 b

33%

3334

33%

333b

1,

34

33%

33%

11,700

23 b

1'

2%

5,100

*87

1

234

23b

23 b

234

437b

*86

1,400

1,500

834-

8%

8%

3,200

287b

293b

297b

293b

2974

29%

293ii

29%

11,100

*45 7b

46 7%

*4574

4674

4674

46%

457b

4674

223 b

223b

223b

223b

227b

223b

22

22

75

7634

74%

7534

75

7534

74%

75%

14,400

11%

13,500

22

*2174

113b

.7
25

*2174

11%

897b

117 b

11%

92

7b

143

142

22

92

9234

"142 7a

142 7b'

1134

,

92

11%

1134
92

9274

1427b

400

600

2,100

6,300

9274

14274
5934

7134-

717b I 7134

70%

220

142 V*

6034

142%
597b ; 6034

71%

59%

5934

597b

71

7134

71%

10%

107b

10 74

107b

107b

107b

1074

10%

112%

11674

11274

11474

11374

11574

11374

1157 b

1

:;074

31%

30%

307b

307b

307b

32

29%'

30

29 W -72974

287»297b

287/a

29 %

14

14"

32

32:,4

a

.

137 b

14

4

3174

33

_10

417b

42

100

*125

32%

31

42% '437b
130
130

130

3274

32%
100

*99

33%

100

82%

82 7 b

82 7b

847 b

86

*1407b

142%

14

14%

14%

2,500

2,400

STOCK
EXCHANGE
CLOSED

2,700
8,800
53,800
15,700

.,

EXTRA

77,000

11,200

32%

32

,,

32%

4274

417b

42%

1257b

1257 b

7b

1247b

690

34%

9,500

123

337b

337b

33

*99 7b

100

100

HOLIDAY

16,300

50

827b

4574

4674

4574

1377b

1377b

►137%

82%

150

*85

36%

800

142%

142

46 7a

*81%

867b

82%.
*85

143 7b

14%

'

32

137%

45

1377b

-

61%

4174

*99%

100

86

82

5

*116

"

149

457b

4674

138

138

46%
138

377b

37%

900

103,900
180

2,700

36%

377b

37

8374

84

837b

84%„

847b

84%

84"b

84%

3,200

1

123% Juil

9

6%

Juil

1

Mack

207b

2074

20%

2074.

2074

217 b

2174

21%

15,900

89%

927b

8974

25

267b

257b

3674

37

42 % Jan

20

91

10

;

37

93

2374

_3.33%

Co

25%

10

..

31% Jan

10

5474 Jun

25

78

Macy, (R
Co Inc com
.474% preferred scries A
Madisom Fund Inc—'!_

*121

3

-

337 b

37%

9174

90

92%

12,800

267b

1

257b

25%

10,200

45

467n

'■

41%

417b

417b

"41

84

84

8474

8474

84

187b

1874

187 b

19

18%

*14%

15%

»147b

15 7b

*121

123
f

46

337b

33 74*

337 c 1.33%
*121

123

*121

45

4174

1

No par

Garden—

33

123

447 b

.No par
100'
:

3474.

34

100

preferred
Trucks Inc—

Madison; Square

47%

41

4174.

41%

x83

1 i'14'74

83

187b

*147b i. 15%

197b

*14%

19'

2,400

123

467b

46%

21,700
3,500
250

15,500

14%

'

13

60 % Dec

1

Jun

12

39% Dec

7

22

485

10

367a Jan

6

Mar 17

May

7

Magma CopperMagnayox ■ Co

Jun

70

Jan

48% Jan
450

2

Mahoning

48% May 12

Mallorj

RR

CP R)

._1
Co.—

Go

&

56

L.

56%

1

8% Sep

29

4% Jun

18

7% Jail

14

Manati Sugar Co

;

1

47b

19

6% Jun

16

9 % Jan.

30

Mandcl

1

No par

*674

17
Aug
,28% Oct

7

15% Jan

5

*17%

Jan

1

26

Jan

8

5% Jan

7 % Feb

4

57b Jun

24

2474 Oct 29

23% Jan

2

67

64% Jan

5

Oct

28

25% Jan

59% Dec

31

297'a Jan

45% Nov

7

2274 Mar 16

5

Jun

26

1

__4

No par

12

7

89% May 12
327b Jan 14

3

37

Feb 1

2

49 % Dec

22

46

75% Nov

11

8574 Jun

26

74% Jun

75

Sep

16

8574 Jun

16

74

66% Sep

15

77

23% Jan

2

.

Martin

May 19
26

81

Mar 31

72 7 4"Mar 17

6574 May 22

July

24

Feb

82

1

com.

*70

46

45%

45

4%

47b

47b

*674

7

47b

457b

*074

7.

5,000

4%

4%

47b
•

12,900

480'

45

467b

*674

7

*4427b

480

10; 200

59%

58%

6074

58

*4427b

58%

5774

587b

57 74!

480

2,300

7

18

177b ;

18%

18

18%

307 b

3074

307b

3074

307b

30%

574

187b

574

574

574

57b

57b

267 b

267b

267 b

26%

72

717b

727b

*177b

31

57b

26

26

27

*72

75

1,100
1,800
1,100
11.000
600

"72%

*70

5274

53

53

5374

5374

54

54%

1,200

4474

44%

45

4574

467b

467b

46

467b

3,100

'

91

91 %

927 b

507b

52

51'

52%

517 b

42

42%

42

42%

42

49%

91

100
1

:___

•

59 7b

57

5274

50r

preferred
Go

57«

257b

_5

Corp
——No
May Dept Stores common
I
83,75 preferred
....
No
$3:75 pfd'1947 series—.—No
$3.40 prclerred
;
No
374%
preferred
;

Mar 26

81

& Co

Masonite

4.67a May 22
537b Fob 24

May 19

74

474 %

93'bj'Jan 26
62%?May 21

5

Midland

Corp common
convertible preferred!—

4,ffo

24

4274 Dec

30%
'

1

Marshall Field

59% Jail
46% Apr

36% Jan

12.50

Marquette.Cement Mfg Co

5
2

2

:

Maxwell & Moore
Oil Exploration

Murine

4571 May

July 30

Manning,
Maraeaibo

2774 Mar
5
73
Mar' 5

42% Jun

93% July 11

Manhattan-Shirt-—

1

77b Jan

33

Bros

5874

58%
*4427b

*4427b 4.80
45
45%

50
;

56%,

54

10*

.

——

Coal

8% Nov

Jan

-

87b

6

1874'Jan 30.-

34

.

83 b

O

9

Sep 25

4

87b

15

Jan

81% Jan

1,500

32
V

4

8%

32 % Jan

14

25% Jan

J

20%

*30

4

87b

118% Jan

17% Dec 31

30

203b

.

32
■-

;;

14

.

20%a

*3%

10

MucAndrews & Forbes common

Jan

51% Jan

4

8

22

20% Jan

■"

20%
*30'

32

A'

3,100

38 Vb

22

Jan

2

18% Jan

207b

2074
*30

4'

■

387b

734

35

10

21

0

32

*3%

—5

Co—

Steamship

Jan

2

2,600

50

Lukens

18

5% Apr
12%. Jan

33,100

22,900

(Ky)_No par

6

8274 Jun

29

15%
337b
21%

Nashville.

May 14
18% Oct
1

23% Apr
5% Jan

15

33%

291/4

Lowenstcin(M) & Sons Inc

39% Dec

71% Oct

90

157b
337u

2174

.—100

2

21

80 7b

2374

.„5

;

22'

Steel

487b

3874'

common

8774 Jan

Bros

74

33%

80%

29

:_.l—No par
1
1.

21% July

87 %• Mar 30

38

*1287b

88

450

377 b

1,900
6,900

33 '/a

f4774

8i

33%

100

(P), Co
prcle'red

1

2

157b

337b

*84 7b

3

10

16

337b

100

6

Feb

157b

100

Jan

30% Jan

167b
3374

337 b

21*%

series E preferred—:.
series G conv pfd—

13% Apr

390

'

15
23 7 b

10

78% Jan
8

;

10c

2

Jan

i 48

81

337b

27b

7

2

477b

31

1,400

387b

preferred—

m

28

4774

31

11,100

3974

287b

:

27

48

3374

47%

31

2,900

697a

*2174

297b Jan

36% Nov 17

33

4774

477b

697b

39'%

4774
.

87a

Lykes

2

337b

467b

537b

—2.50

Lighting-Co

&

697b
40
:

33

*80%

1

4,800

21,400

4774

6874

397b

100

Louisville

4574

707b
40

587/2

277b

2174

—

-

conv

4.40%

457 b

697b
38 %

com

'7%

*45%

6874

577b
*2674

291/4.

-

„Lorillard

44% Mar 12-

45%

391/4

53 7b

!

234

15

15

4574
68%

5,600

t

21%

34% Apr

Jan

27%

*77b

10474 Mar

21% Jan

5874

37.

217b

5

116

537b

587b

27 74

3874

100

7674 Jan

31% Aug 13
125
Apr 17

53

597b

27

,53

9,400
4,900

20,200

1047b

87 b

7

2

54

587b

27V4

1037b

8

2174 Jan

Jan

1

54

59%

4.35%

30

1047b

7%

71% Jan"

23

10374

77b

30

16

1047b

series B preferred!
4.25% series D preferred—

1427b Mar 25

26

1037b

10474*

2,400

217b

Co

15% Jan
:

607b

387b

5%

16

4674 Jun

Corp

Long Island

4

155% Apr

597b

1

Belt Co

4.84%

Apr 14
90% Mar 6

2

128

11

6074

.

28 7

Lone Star Cement Corp—
Lone Star Gas Co common

89
'

14

Mar

104

7

5974

387 b
*217b

,

Loew's^Jnc _—...a.
Loew's. Theatres Inc

26

107% Feb

60%

No par

Industries Inc..;
Lockheed Aircraft Corp _:

5

31

60 Vb

217 b

Litton

2

28% Jan

preferred

Lionel

14% Mar 23

15

63

2,100

28%

•

Lily Tulip Cup Corp.—

27

287b Feb
27 74 Jun

Jan

HOLIDAY

2174

Libby McNeill <fc Libby—
Liggett & Myers Tobacco com

5

8

EXTRA

46%

267 b

common_3

Corp_
Libby-0\vcn»-Ford Glass

98% Apr 24
152

367b

4574

2874

Lehn & Fihk Products

4

34

36

4574

,

53

_5

Lerner Stores

82% Dec

337b

3674

45

No par

:

29
25

158% Jun

347b

35Tii

45

3,200

5

Corp

53% Apr

22% Jun

2

347b

36

45

4,600

CLOSED

No par

2

17

34%

35-74

45

EXCHANGE

5

RR_

7

187a Jaii

347u

367b

5774

1st preferred—No par

57% Apr 29
11% Jun 16

2

3.47b

10

50c non-cum 2nd' pfd

22% Feb

3074

10374

100

1% Jan

2

43

307b

I—1

Co

G% Sep 30
10% Sep 24

300

STOCK

377b

4274

307b

61

*00

preferred*

17% Feb

*37

427b

307b

1

common-

2

5% Jan

37-1/4

42

5

Tirei——

non-cum

3774-

44%

25

Lehigh Coal- & Navigation Co
Lehigh Portland Cement
Lehigh Valley Industries* com

6

*

41»b
30%

I_io

July 7
3% Jun 20

14

3774

81%

41

20

42% Jun

817 b

307b

*::o

18

2,500

8074

41

4

31

877b
3174

3574

."—16

"

10

*85

3074-

preferred series A
25
Consolidada 6% pfd-75 Pesos Me*
Lane, Bryant
1

46% Dec

*3674

—

84%

877b

34

1

La

25% Dec

81

96 7b

*331/2

41

4.32%

ion 22

2

2

37

79

*94

307 b

5

Inc

Laclede Gas Co

82

37 -v1

8.75

_1—

20

Jan

807b

967b
84-

"

No par

(S II) & Co—
Kroehler Mfg Co

Feb

9% Mar 26

87-%

*85

Kress

25

28

*35

preferred-—__I_

Kroger Co

4% Mar 11

10

24 Va Jan

877b

Kresge (S S) Co—

3

23 % Jan

5

37a Feb

*85

.

4%

Korvette

34'% Jan "22

20

297«. May

34

„_

4,600

87%

*94

857b

Royal Dutch Airlines.—100 G
Hoppers Co Inc common
10

May 11

43 % Mar

18

*86

*86

96 Vb

*34

KLM

3

26% Mar

May.26

87%

877b

*94

.

1,000

X

78

*86

Keystone Slcpl & Wire Co___
Kimberly-Clark Corp
!
King-Sceley Corn
]

397b Apr
7
51% Mar 13
85'
Feb 26

4174 May

May 29
lT^i Oct 21

2 *

*77 Va

85%

pritr preferred

1,000

48 74

78

50c

conv

125

477b

*76

96%

Copper
No pai
Kfern County Land Co
—2.50
Kerr-McGee. Oil Indus common
1
47b%

-

477b

78

87%

1_;

1227b

1227b

477%

128

*76

*34

Co__r_—Sbl—____

Keiinecott
'

122

48

12474

1,300

46

78

a—100

.

11774 Feb 24

122

47%

*45i/b

126

*94

Kayser-Roth Corp
Haves
Kendall Co

47%

39,400

6074
11274

4674

1227b

*86

Kellogg Co
Kelsey

122

122%

125

100

•

Kansas Gas & Electric Co.
Kansas Pmu«r
Light Co

29

74

4774

59
112

*4574

—100

preferred-

4774 May 29

*120

587b
111%

111

4674

*76

Kansas City.. Southern com
No par
"4% non-cuin preferredb__bl.
50

4

34% Jun

9

38
Feb 25
7
20% Jan

12

111

*4574

125

5674

577 b

111

4674

___I_„IloO

preferred-.

4.35 %

6

Mar

47o
preferred
4.50% preferred

41% May 12'

5

66% Nov 28

Mar

33

7

96% Jan

29% Feb

*12274
122

5674

IIH/4

Mo 74

convertible

4.20%

48 % Mar 25

2

13

2

in

100
50

.....

-38% Mar 13.

59 74 July .1
27

'

27

8374 Feb

35% May 28
41% Feb 17

75% Jan

33%

preferred

preferred___100
474 Vo (ser of 1959) conv
pfd__100
Kansas City Pr & Lt Co coin_No
par
"3.80% preferred
i_
_ioo

May 20
% Feb " 5

93

76% Mar 31

10

Mar 11

92% Jan

2

July 31
Jun

10% Jan

25

474%
474 7o

58

__

May 29

36% May 8
39% Feb 13

29% Jan

'

57% Apr. 17

•76

90% Oct

Jan

2

Feb

14

Feb

86

87

34

Jan

92 7 b May 29
103
May 7

28

50% Jan

44

107

50% Dec 23

29

85

7

16

110

Jan

Kaiser Alum <fc Chem
Corp
47b% convertible preferred

par

49

*91

5074

50% : 5174:

77

76

75%

74

5

487b

par

*75 7b

77

par

*"74

75%

7574

par

66

66

667b

667b

174

75

74

*75%

!

,

60

50
*75

23,800

51%

427b

12,800

77

4,400
10

75

7574

310

677b

*66 7 b

7574
677b

57 %

100

78

80%

3,000

3974

40

1,200

76

76

78

79

777b I

7774

40

3934

3974

21%

217 a

21f7b

397 b }. 39%.
2174
21%

38

3874 (
^
49

41%

14

147b

10

*75

76

79%

39

*75

92

53%
4274

5274

76

77

100

*91

92

537b
; 4274-

°

49 % Nov

19

457b Jan
39

13

20

Jun

Jan

2

18-'

Jun

18% Apr
39% Jan

7

32% Oct 22

29

Jan

2

9

45

Dec

24

44

Feb

137b Jan

2

62

2

837b Dec

29

797b Jun

29

567b Dec

1

40% Jun

8

36% Jun

8

29

" Juil

25

237b Jan

15

41

10

Dec

9

When

McCall
MeCord

;_41%Juti 30
49

Jun

5

5

Feb

16

53

Corp_
—„i.
Corp common.-;-

"*•

.

Stores

21

No par

preferred

277 b

3

*49

_50

McCroryrMcLellan

.

1974 Feb*

94% Feb

—...No par

—

issued—i——i—No par

$2.50

4

~

\
,

Jan

28% Mar 3 _;.:

Maytag Co

91% May "ll." ;

2

29

,

49

137b

50c

100

147b

797 b'

797b

427b

427b

4274

.42 7b

McDonnoii Aircraft/Corp_:——(^^.5

39

40

3834

39%

McGrav-Edison COj
McGraw-Hill Publishing

3Va°7o

MeDcmlott CJ Ray) & Co-Ine_

,

'

80

80

•
•

;

31Tb Apr 23
39

41% Sfcp

26

37 74 Jan

Jan

2

5974 Dec

107b Jan

2

207b Nov

17

687b Jan

2

98

Dec

31

'84

52

1'

54

Mar

177b Jan

May

30
9

47

" Mar 31

4574 May 27
607-S Jan

lo

197s July

.1

4

997b"Feb

3

28

26

Jan

14

Jau

19"

8974 Apr

3

707b Nov 21
974 Jan 10

64

7% Jun

87 b Feb

13

10'4 Mar

137b Jan

2

227b Dec

19"

20% Jan

2

4774 Sep

24

96
Apr
263b Apr

25

3374*Apr
867b Jan

9
7

22 74 Jan

2

787b July 28

85

1974 Jan

7

32

3634 Jan

10

74

Oct

For

1

footnotes

May

41% Jun
.

14

90%- JUll
23 3

Jan

Apr

7

38

Jun

2

9

9174 .May 15

18

29% Jan
67.




j^ay
page

20

79

24

I

Feb.
Jun

3

28a3'Apr

85

Feb

"

6

McQuay Norris Mfg Co
Corp' common,

Mercantile Stores Co Inc.

preferred

—

2,100

4074

5,700

50%

50

14

137b
;

81

14

14

81

*81';

43
427b
-139--/ '3974

81

3,000
60

4274

42%

2,200

377b

39%

4,800

10,000

427b

43%

43 3i

45

44 3 4

4574

45

45%

5674

56 7b

567b

577b

5674

5774

577b

57%

1,300

1

19%

1974

197 b

193b

197b

197 b

1974

1974

1,700

5

84%

9434

*9474

95

94 7b

947 4

9474

947b

*80

807b

*80 7b

807b

807b

8014*

80

9

97 b

87b

9

8%

21%

2134

22

*2174

-10

474% preferred (1st series)_■
Melville ^ioe Corp common
4Vo preferred series
;

$3.50

21%

407b

1

McKesson & Robbing Inc.—__i_18
McLean Trucking Co
10

Merck & Co; Inc

50%

*49%

21%
■'

4T

3

McGregor-Doniger Inc class A
Melntyre Porcupine' Mines.—

2'^' Mead

'Feb

95% Mar 26

851 b

10

see

51

79% May 21

7

Dec

.

2

227a May 19

16
7

4

837b Doe
86

24
19

5

^

4074 ;•
*49 7b

.

conjmon_^—;

convertible; preferred'.

Corp

50%

common..

217b

5
100

43

1;
100
37b

167bc

.—No par

43 74

443b

'

874

22

2174

457b

45

93 7b

433b

9

♦91

457 b

807b
.

9
2174
457b

1,400
800

6,600

1,000
8,300

917b

917b

937b

30

267«

27 74

26 3»

27 7b

2674

2774

277 b

277b

4.000

8034

8074

80'4

80

8074

3074

8074

190

*347a

34%

*00

347b ' 347b
84

*73

34 ?4
82

*91

*34J
84*

*73

2

35

84%
82

937 b

*34%
84

*73

.

34%

/ 85%

/

82

*91

857b
*73

87

82

100

15,000

19

20

The Commercial and Financial Chronicle

(64)

.

.

.

Monday, July C, 1959

NEW YORK STOCK EXCHANGE STOCK RECORD
STOCKS

Range for Preriou
Range Since Jan,

Year 1958

K

1

NEW YORK

Lowest

53% Oct

27

15% Jan

2

19% Feb

5

39

Jan

2

62% Dec

10

78

Sep

15

91

Dec 22

79

92% May 13
102

Apr
9
90% Feb 26

Sep 24

79

Oct

15

92

97

Jan

14

104

Highest

Lowest

Highest

30 V2 Mar 10

July

7

Aug 12

44

Monday
June 29

18

Jan
Jun

10

jun

15

Jun

25

88'

Jan

8

87

Apr

94

*

34WJan

6

48% Dec

B

44% Jun

28% Jun

25

35% Jan

2

78

Jan

2

25% Feb

24

14% Jan

7

10

33

2

15
23

443/4 Apr

Jan

-

92

4

18

Jan

Midland

28

18% Feb

2

1"38

jun

26% Jun

Oct 31

92

Feb

B

99% Jun

.13% Jan

13

28

Nov

25% JaD

6

35

Jun

31

Jun

4

20% Feb

16

17

Jan

2
25

21% Jan

2

27% Jan

6

4% Jan

5

3

28% Dec 31

10

11% Jan
73% Feb

11

2

20% Nov 14
116

Dec

29

9

8

38

24

39

16'4

6

Feb

25

25

25% Aug

6

Jan

10

39% Dec

16

4% Jan

2

9% Jun

5

6

43% Dec 29

20

°Apr
2
16% Oct 24

■19% Dec 30

2

143/4 Dec

18

52

Jan

2

80

Nov

19

62

1

40% Jun
21% Mar

35% Jun

5% May
41% Jan

iJan

4

Mission

fcorp

4

Mission

*79

96%

44%

45%

96
' 44%

43

47

47%

—

'

135%

24%

25%

-97
*33

17%

Missouri-Kan-Tex RR

9

75% May 11

common

Jan

29

Monarch

18% May 28
14:|., May 26

8

54

5

71% Dec

12

63% Feb

4

16%

74

74

22%

22%

*14%

16

*11

11%

*13%

42%

22 %

43J«

9,300

24

24%

9,500

36

-

36%

5,800

G Vb

6

6%

0%

3,800

51

50 %

50%

11,600

17%

17%

17%

17%

2,000

16%

16=%

20,900

67%

67%

16%

%

10#

■'67

,

«

68

'

75

*74

13%

14

14

22 Vb

22 Vb

*74

^

14

22%

*14%

14.300

50%

.

17

67

13

16

*14%

270

14

'

1 000

*22

400

22%

*14%

'

16

110

75

.

16

12

11%.

1,400
32,900

11%

*11

51%

52%

52%

53 %

53

53%

53%

54

B

Co__—;

30%

31V4

31

31%

30%

23%

30%

5,800

73%

73%

72%

73

72%

31%
72%4

72%

7J

1,200

Co—

No par
—-——No par

issued

16%
67

74

Montana-Dakota Utilities Co

When

23 %

2

Monsanto

2

Power

17 VB

67

13

..No par

2

Montana

22%

6%

28

July

Mar 24

23

17%

-No par

Tool

35% Mar
78

3,700
3,200

22%

50%

17%""

73%

class A—,

B

Chemical

6 %

50%

67

preferred

Machine

6%

5,800

33%:

23%

17%

1,700

149%

33

22%

50 %

1.500

17%

17%
119

33

23%

6V1

12,700

34 %

32%

50

•

34%

34%

8

2

17-%

33

t'17%

EXTRA
HOLIDAY

29%

28%

28%

17%

36%

Mohasco Industries Inc

14

28%

34%

——.——8

190

4,900

55,300
5,500

35

148% 149%
34%. 35

34%

42

25%

*32%

35

J

135%

24%

1,400

CLOSED

22

35

17%

149%

/

99%

29%

17%

.

37%.

.

*97

24%/

27

283/4 Jan

28%

149
34%

.

37%

9g%

42%

18% Apr

38% Jan

.

17%

300

*32%.

35

8,500

■

41

133%

25%

24%

4,300

:

*97

'

99%

35%

67% July

1

136

25%

48

:

21%

■

24%

9

31% Dec

134%

138

—.

42%

8

41% Nov 20

22

*33%
22%

1"*

8

21%

x33%

RR class A—No par

Pacific

RR

36=% " 37

42%

Missouri Public Service Co-—

Class

EXCHANGE

24%

Missouri

Monon

STOCK

89%

35%

24

Jan

471»

88%.

7%

'*40

35%

6

May

8

46%

90

40%

24%

6

20% Sep 29

47

22%

*97
*32%

30

149

40%
46%

37

25

35-

29%

4

*88%

90

134%

99%

148

48

3.7

134%
^

47%

V

46%

—

50

%1

46

41

21%

85%
97

45%

46%
89%

90
.37 -.37'
21%
22

BO

140

78%

•*95%

/

36

18% Jan

6

11% Apr 22

*40

40%

89%

5,600

81

45%

42

13

15% Jan

Jun

.

46% ' 47%

78
85%
96

24%

19

68% Jan
13

2

*76%

85%

41%

Jan

19
18

30

77%-

*79

%

*76%
>79

24%
35%

30

3%%

91

1

20% Jan

2

82

'88

*95%

40%

3,200
17,900

*81

80

B
10

52% May 25

8

77%

-

Shares

19%

19

91

85%

"

—1

Development Co
Mississippi River Fuel Corp

2

Jan

Corp

16

Nov

16% Dec

Jan

Maid

29

90"

13

45

Minute

.

the Week

60%

*88

,

89%

47

Mfg

&

77

81

*88

.

96%
45%

100
4.20% preferred———————100
Mojud Co Inc
1.25

10

29% Apr
22% Jan

8

Mining

89%

July 3

July 2
601

60

19
° 19%
79%
82%
*80%
82

19%

*79

Marie—No par

19

41% Mar 16

7

12% Jan

Jan

14% Sep 23
8% Sep 24

9

10

60

Jun

Minn

5

49% Apr
29% May

24
26

Jun

17

8% Jan

4% Apr

25

i

Corp

22

Jan

18% Oct
44% Aug

100
10

81

80%

79%

45

-No par
Minnesota & Ontario Paper
2.50
Minnesota Power & Light—-No par

Mar

32% Jun

Oil

Minn St Paul & S S

151% Apr 24

31% Apr 28

18% Feb

4% Jan

29

35% Oct
8
35% Dec 29

27

31

263% Apr
16% Jun

111% Jar

preferred—

76%

19
76%

59%

,

Friday

Thursday

July!

.

59

*95%

>

inc.——10

of Araer— 1
Minneapolis-Honeywell Reg
1.50
Minneapolis Moline Co common—1
$5.50 1st preferred
100
$1.50 2nd conv preferred
2$
Minneapolis & St Louis Ry—No par

24

Deo

20% Nov

-

Minerals & Chem Corp

22

126

2

1st.

Midwest

24

96,

17

;

June 80

57%
18%

Sales In

PRICES

SAL*

HIGH

Wednesday

Tuesday

57

*79'
*88
77

Enterprises .Inc—L-—,—-1
B

5%%

30

9

10

Jan

7% Jan
59

100
100
100
100
B

Midland-Ross Corp common—

27

Jan

76

plQ—100

series
series
series
series

Copper
Middle South Utilities

24% Mar 20

8

111% Jan

Feb

40% Jun

35% Feb 18

6

39% Aug
21% Feb

3.80%

4.45%

5

—

Miami

48% Jun /1

2

Co

preferred
preferred
preferred
preferred

3.85%

6
6

2

39% Jan
83% Jan

4.359*

28

51% Apr

Machine

Metropolitan Edison 3.907*

99% Mar 11
50% Mar 5

May 25

13

Jun

75%

Mar 31

#

-

56%
18%

98

40% Oct

Sep 19
43% Oct 13

83% Apr 15
Mar 13

78

4

39

1

89

24 Vb Mar

88

July

P«f

EXCHANGE

Mesta

25

223/0 Feb
82 %

533/4 Jan

33% Jan

.

,■<■/•/

Mergenthaler Linotype Co—£
1
Merritt-Chapman
&Scott
12.50

64% May 11

% Jan

AND

LOW

STOCK

0

?

*24

25

V1,/B

*24

11%'

*24

25

*24

25

25

Montdcatinl Mining & Chemicai14% Jun

21% Dec 29

20% Jan
25% Jun

22

2

42% NOV 13

40% Feb

3

17% Jan

2

21% Nov 17

20% Jan

«

11% Jan

2

233/4 Dec 31

23%<Jan

2

35

5

60% Deo 31

57% Jan

28

303A Apr

25% Apr 29

14

22

Jan

23

22

18% Feb 25
28

May

37% Dec

36% Jan

Amerlcan

2

9

16

Feb

9

28

Jan

2

32

25% Oct 13

24% Jan

2

433/0 Jan

2

26

9

19% Jan

33% Nov 28

38

Feb

50

25

Sep

18

*

Jun

24%

28 Vb

29 Va

28%

29%

8.900

48 Vb

48

48%

47%

48%

14,500

22 Vb

22%

22 Vb

22%

22%

22%

22 Va

22%

2,100

Jan

Motor

393/4 Apr 24

Motor

10

Wheel

28%

—3

Inc

Products

108'A

Corp

Corp

9

18 %

29 Va
109

39%

28%

28 Va

28%

28%

29V4

8,200

114%

118%
38%

114%

116%

22,^00

40 Vt

3,300

3,500

29

109%

114%

38%

-

38%

39

38

Va

18%

18 Vb

18%

18%

18%

18%

18%

29 Va

29%

29%

29%

29%

30

30%

34

34

34

33 Va

33%

33%

34%

1,300

47

47 %

47

47%

46%

46%

46%

47 %

2,P00

10

26%

27%

26%

27%

>,26%

27%

27%

281/4

9,700

No par

"40V4

41%

41

41

42

40%

40%

200

i

—

1

MunsJngwear Inc
Murphy Co (G C)
Murray Corp of America
Myara (F E) & Bros

6

39

10
6

Mueller Brass Co

20

31% May
50% Jan

(John) & Co

Motorola

34% July 2
48% Apr 16

18

24%

28%

47%

Morrell

MoorC-McCormack

May 7
40% May 25
19 % May 28

32% Nov 21
Dec

24%

28%

48 Vb

30% Apr

18% Nov 11

45

24%

29 Vb

47%

12

17

30% Jan

24%

27%

Lines

12% Apr
19 % Jan
Jan

24%

1

No par

Montgomery Ward & Co

130

3,800

24%

24 Va

1,000 lire

shares—

Oil Co

Monterey

49% May 4
24% Feb 24

1

29

*33%

1

*41%

5,000

N

9% Jail
11

16% Dec

Jan

19

14

.

18% Jun JL2

/May 13

NAFI Corp

13% Jan

22% Dec 29

63% May 6
29% Jan 22
34% May

National Aviation

23% Mar

31

8

26% Jan

2

41% Jan

51% Nov 20

•493% Jan

IB

149% Oct
■

168

17

19% Jan

2

Jan 20

147

16% Nov 20
86% Dec 19

9% Jan
50% Jan

Jan

61

30% Deo

11

Jun

8% Jun

56

12

24

26% Jun

80

9

Natco

Jan

7%

3

12

32% Jan

46% Feb

2

54% Jun

8

86% Jan

103% Nov 19

17% Jan

24

42

693/4 Deo 11

90

Jan

Deo

9

100

Jan

993/4 Jan

B

Jun

34% Mar

1

21

109

Apr
24% Jan

57% Jun 23
91

May 8
115% Oct 10

104

Feb

2

168

Jun

19

145

Jun

128% Nov

7

143

Jun

17

124% Jun

9

13%,vJan
7
213/4 May 12

6

21

2

128% July

2

Mar

3

159

Fuel

14=%

14%

14%

;i%

61%

62

62

24%

24%

24 %

24 Va

24%

24%

24%

25%

28%

28%

28%

28 Va

28 Vb

28%

29

29

50%

50%

50%

51%

51%

52

50%

51%

100

Co

Gas

* 148
9

Lead

National

7%

6%

134% Mar 12

10

17

Jan

2

21

25

28% Jan

2

38% Mar 24

Natl

9

National

National

Mar 25

147

63%

66

27%

28 %

28%

28%

52%

53%

6,300

30%

31%

28,400

27%

28

51%

52

52%

52%

30%

31

3014

30%

30 Va

30%

101

22

58%

No par

*92%

8

*100

101
'

101

101%

19,200

9%

63,900

2,900

800

1<*2

22%

22%

22%

22 %

#01',,

8,100

58%

58%

59%

60

61%

31,600

91.

50

92

94%

*92%

94%

123%

124%

124%

124%

124%

128

127%

128%

12,500

100

148

148

147%

147%

*147%

149

147-%

148%

100

——100

*125

92

93

126%

126%

126%

125%

20%

20%

20%

20%

*20%

20%

Cast-No par

37%

37%

36%

37%-

37%

37%

————-10

48%

49

49%

49%

—_10

87 %

Xl25%

125%

Corp——1

Steel

&

430

9%
64%

52

22%

1,300

9,500

150

9%

28%

58%

5,500
EXTRA
HOLIDAY

64%

149

51%

101

3,000

-1,400

9 Vb

28

58%

CLOSED

148%

Service

Linen

Malleable

148%

-

9%
63 %

101

62

-

148%

8%
62

22

Co common

preferred B

18% Sep

9%

Va

62%

1

preferred A

30% Sep

149

14%
*61

61%

10

Jinmon

5,600

STOCK
EXCHANGE

17%

14%

Can

National

17 %

15%.

17%

17%

14%

Cash

National Gypsum C^
$4.50 preferred-.

Apr 27
97% Feb 26

10

July

common

17%

17%

17%

61%

*

71

9

Oct

84% Apr 17
148

3

17%
14

Corp
10
Register
B
National City Lines Inc
;1
National Dairy Products
B
NatPDlstillers & Chem Corp coin—8
pfd series of 1951
100

12

28% Jun

Corp

preferred

National

15

49% Nov 21

313/a Nov 19

Airlines

National

5

37% Jan

a

61

10

———_———.—

National Biscuit Co

12

20% Jan

Corp

National

€

Mar 13

164% Apr
14% Jan

24

Jun

Jan

i

I

National Acme Co

14 Va Jam

52% Jan 12
21% Jan
6

18

1

1

Aug 19
59% Oct 14

2

5

—

15

43% Jan

v

160

127

*20%
_

20%

300

37%

38%

3,600
'

45% Jun
77%

Dec" 17

403/4 Sep

9

Dec

4

Co

54
Apr 17
91%. May 28

40% Mar 13

May 21
9% Jun 10

24% Mar 25

National Sugar Ref
National Tea Co

12% Mar 23

National

Theatres

Jan

20

Tl%

Jan

National-Standard

7

23

74% Jan
36

Steel

No par

*39%

4

1

20%
9%

88
40
20%
10%

Corp

Co
-

Inc—

7% Jan

12% Oct 22

12

Jan

9

14% Apr

2

National

U

9% Jan

14% Oct

7

13% Jan

7

Vulcanized

8% Dec

18

21% May 29
.10% Mar 24

National

43/4 Jan

Natomas

Co

15

Nelsner

—

10% Jan

13% Aug 11

6% Jun 23
12

2

38%

Nov" 19

74% Oct 23
14% Jan
8

20

Nov

82

96"-

May 29

84% July

15

Jan

3f?%

Dec

14

108% Oct

Apr 30

50% Oct

7

9

32% Jun

26% Jan

Jan

10

363/4 Jan

2

75

Jun

82 % Mar

Dec

12%

13

3,600

20

19 Vh

19%

4.800

27%

7%

8 Va

1

13%

13%

*13%

14%

200

32%

33

33%

33%

33%

33%

33%

34%

3,400

39%

40

40%

40%

40%

40%

40%

40%

2,200

76

*75%

75%

75%

20%
85

-19%

20 V8

*83

85

9

107% Mar 11

31

31% Feb "27
280
Jan
8

May

30% Jan

'

440

2
2

25% Apr

8

38% Jan
2
74% Sep 17
29% Jan
2

12% Sep 24
24% Sep 25
36% Oct
8

preferred

85

Mar 18

100

Electric System
i
Jersey Pr & Lt Co 4% pfd_10(h

Y

New Haven &

10% Jan

6

Preferred

29% Jun

38% Feb

17

Jun

75

Apr 24

9

New

York

59% May 12
84% Mar 11

29 Vb

41%
29%

29%

29%

28 Va

28%

28 %

.29%

77,500

33%

34%

33%

34 VB

33%

33%

33%

34 %

21,300

*285

320

5%

15

15

14%

15

1,600

30%

30%

31

3T

31%

2,600-

Electric

Gas

513,4

53%

53%

54

29%

1

COrp—

No par

51 %

100

*75%
36%

36%

69

69%

72%

73

jpreferred

52%,
78

25

73 % Apr

1

3.40%

preferred

100

77% Apr

13

3.60%

preferred

100

Jun

22

85% Mar

3

3.90%

93% Jan 24

preferred

100

80

Jun

3

100

82

82

10

4.10%
5.25%

preferred

102% Jun

2
Mar 23

preferred

100

104

104

4.85%

preferred

100

103
94

Aug 15
Sep 17

18% Jan

2

108

Feb

6

105% May 16
27

Dec 29

95

Jun

26% Jan
34

53%

Apr"_7

21% Sep
5
25% Feb 20

92

Nov 19

23% Apr 18
45% Deo 19

Jun

88% Apr
108

102% Feb

5
2

17

,

32% July

26

-

3

39% Feb

9

52% Mar 18

2

63% Apr 11
26% Apr
9
102

Oct

23.

106% Aug
5
32% Jan 12

16% Jan

39% July 2
21% Jan 28

40% Jun

70

Jan

6

73

28

Jun

24

13

102

Jun

17

113% May 26
593/e NOV
5

108

Jan

8

47% Feb

9

57% May 22

27% Nov 17
72% Nov 19

32% Dec 30
109% Jun

37% July
Jan

30
2

27

35% Jan 22
108

Feb

113% Mar

16
6

10

340

32%

2,700

8,000

97%

& Western
Ry common—25
Adjustment preferred
28

North American Aviation
North

American Car
Northeast Capital

96%

Northern

5%%

5.80%

5,400

97%

97%

98 %

90

22

22

22%

22%

*22

22 Va

400

46

44%

45

%

45 VB

45%

46

99

46 Va

25.000

39%

4014

39%

40

39%

40

33 %

35%

35

37%

5,500

15,100

35%

35%

.50

71%

71%

70%

70 Va

*70%

71V2

71

71

29%

30%

31

31 Vb

31%

31%

31

31%

100

104%

104%

*104%

105%

*104%

105%

*104%

105%

100

Gas

110%

no%

109%

109%

110%

110%

110%

110%

160

5

-54%

55%

55%

55%

55%

55%

56%

11,700

23%

23%

preferred

86% Mar

803/4 Oct
1
83% Dec 31
22% Apr
7

$4.08 preferred

94% Jun

5

89

17

3IV4 Jan

5

44% May 12

2

33% Dec 31

preferred series
Northrop Corp

30% Jan

7

46

31% Jan

7

44

UfoApr
Apr

Northwests-Airlines

34% Dec 31

10

471/2 Jan

27

92

Jun

-

2314

23%

23%

23%

72Va

72%

73%

73 %

72

81%

82

81

82

81-

*80%

82

*80

81

100

$4.16

30% Dec-17

82%

82%

*82

83

85

*82

85

■

29

100

^Norwich Pharroacal Co-

*82

.

-

1

35%

10

;

Inc—

preferred

.,55

100
100

$4.11 preferred series

84

.

•

—100

series

88% .Mar 23

33%',

40

10,900 '
20

(Minn)—

Common

81% May 18

32%'

1
i

Col

preferred

conv

%

97%

22%

44%

—10

Ry Co—

Natural

Northern Pacific Ry
Northern States pwr Co

5%%

97

97%

5

C^fp_.

Northern Central

96%

*21%

1

Corp—

4




200

44%

80% Jun

_2

104

97

July 16

24.

104

44

92

page

104

31%

88% Mar 23

see

104

43%

9

footnotes

104

31 %

80% Jun

For

104

270

97

13

10

200

42%

Jun

57% Dec

84

30%

94

6

*81

97

Aug 29
79% Sep 25

Feb

84

84

42%

81

31

*82

*82

96%

$3.60 preferred series
$4.10 preferred series

10

76 Va

72 Ya

30%

25% Apr 20
77% Mar 17

37% Dec

76%

30

2

10% Jan

77

40%

,2

Mar 25

*76

95%

72% Jan

5

280

73

69%
72 %

70

73

77

*76

30

22% Jan

Jan

70

24,300

40%

83% Jan 23

7

72%

37%

39%

22% Nov 11

93% Mar

70

72%

37

29%

7

19

"78

37

70

70

2,900

54%

54%

36%

36 Vb

B

Co

70% Sep 25

2

77

'

78

*75

75%

36%

1

Chemical

Norfolk

,

15 % Jan

*76

*75

Nopco

44% July
2
100% Apr 23
23% Mar 10

84% Jan 29

7%

Niagara Share Corp

2

21% Jun

7%

•

75

Sep 25

1,300

7%

15%
30 Va

71% Jun 16

80

7%

7%

15

30%

88% Apr 23

Jun

7%

7%

2

68

325

15%

Shipbuilding Corp

Common

$3.75

*290

320

7%

Niagara Mhk Pwr Corp com—No par

14

*284

325

8,800

15%

5

41% Jan

290

40 V2

40%

100

series A

19

19

20

29%

Sep
Oct

35% Jun

41%

8,200

28=%

70% Sep
76

39

5.600

41%

39%

NoV 18
76
July 8
80% July 25

67

87%

No par

State

Y

86%

Hartford Co—

Common

5

86%

28

50

'

&

17,200

85

29

Brake

Y

40

2 0 Va

28%

Harlem RR Co—

N

77%

19%
35

40

39%

18

13

84%

76

20 Vb
85

20

*83

84%

6,900

28%

Chicago & St Louis Co

Feb

83

76

14

28

N Y

Air

84

*13%

14

28

York Central

20% Jan

50

83

*13%

7%

B

York

New

4
8

19%
*83

7

No Dar

New

6

14% Jun 24

7% Jun

*75

England

N

563/4 Deo 31

—..

4

N

5% Jan

14% Jan

2

Inc.

Co-

Mining Corp
10
Newport News Ship & Dry Dock—1

36% May 22'

.

Fibre

Newmont

49% Mar 13
30

Radiator—.

S

Bros

3%%

2

4

16

275

13

19%

79% Jun

Jan

180

12%

7%

37% Jun

9

200

12%

13

27

15,600

20%

13

25% Feb

8,800

10%

12%

New

23% Jan

20%
10%

20%

10%

19%

New

17

20 %

•10%

7%

SO

29% Nov 20
32 % Nov 10

20

13%

19%

19

26

20 Va

10%

12%

86% Apr

2

20

7%

21% Jan

3

39%

19%

2

2

39V4

*38%

-

12%

7

Apr

13,000

39

1

Apr

18

90%

39

1

19% Jan

13% Mar

1,700

88%

*49%
88 Va

50%

87%

Neptune Meter Co
5
Newberry Co (J J) common—No par

26

37% Apr 13
43% Feb 26

26

49%

87 %

_1

83

19

173/4 Jan

Dec

Feb

50%

86

39%

*38%

25

37%

1.25

86

'

23%

23%

5,600

72%

72 %

-72%

410

82%

80%

81

81 Va*

81%

50

.*82

83%

230

*82

83%

Va

*80

81%

Va

*82

83%

*82

83%

36
38

35%

3934

37%

37 Va

89

90

%

p.

■f

V

190

7,200

36%

35%

36

38%

39%

38 Va

39 %

9,700

37%

•38 %

58

36%

3,200

86

7,200

35%

36%

39 %

3T%

92^

Va

89

89%

81 Va

-

(

Number 5861

Volume 190

.

.

The Commercial and Financial Chronicle

.

(65)

NEW YORK STOCK EXCHANGE STOCK RECORD
Range for Previous

STOCKS

'

Year 1938
Lowest

Range Since Jan. 1
Lowest

Highest

LOW AND HIGH

NEW YORK STOCK

Highest

Monday

EXCHANGE

fur

Tuesday

June 29

SALE PRICES

Wednesday
July 1

June 30

Bui— fur

Thursday

the Week

Friday

July 2

Shares

July 3

O
507a Jail 14
95

Sep

60% Nov 20
103

1C

Jun

57% Jun

103

Jan

102

May 16

28'/a-Jan

92% May 16

31

13

10

78

89

Oct

9

89% Jun

10

78%- Sep 19
94% Nov 17

90% Jun

17

89

12

43% Aug 11
29% Dec

31

27% Jun

18% Jun

3

21

ltt

.

to

Ohio

88%-Dec 31

98

86% Jun

90% Feb

5

29% Dec

9

27% Jan

30% Jun

2

31%-Apr "Y

45 % Dec

31

41% Feb

55% July

May 27

T' 21% J"n

15

14VB

•49% Jan-13

74

Dec

17

61% Jan 19

20% Jan * 7

*35

Dec

18

15% Dec

4

29% May 7
15% Jan 15

66% Dec

16

61% Feb 10

89% Dec

V/jnJan

2

15% Dec

July 15v

12..

37%Feb
59;

24
-

mn

79% Feb

?7

12

2

38% Aug

6

32

Feb

96% May

5

93

Mar 19

7% Jan

2

14

Oct

3

9% Jan

2

21% Dec

18

.

J

preferred
Oxford Paper Co

Pacific Coast Co

22

i

26

18

Jun

64% Nov

56% Feb 10

>5%
Pacific

Pacific

Pacific Gas

64

2

54% Dec

31

58% Jun
47% Jun

17

66 % Jan

7

39% Oct

30

37

Jan

19

49% Jun

30

Jan

2

179% Jun

24

Pacific Telcp

17

143

130

139'

Sep

30

'4J

Feb

Apr

21

Jun

17

7

4% Jan

7

23% Nov

12

22% Jan

2

12-.4 Jan
Jan

2

62% Dec

99

t

3

37>

Jan

3

98

Apr

43

Jun

25

Jun

17

64

49

9

45% Apr

23

23% Jan

23

26% Feb

29

46% Jan

12

2

45% Dec

8

12"

July 17

27% Dec
Oct

33%

34

33%

34

94

93

93%

May

&

5

14

Parker

4

4

Penney

2

5

27% July

l

29 % May

11% Feb

28

28% Jan

7

37-

2

Jan

104% Jun

93

Jun

8

91% Jun

29

62

19

101% Apr 25
19% Dec

29

Jan

15% Apr

43% Dec 29

43

102% Apr
20

1

49% Jatf)

Feb

10

8

69% Sep

23

62

F$b

9

19% Jan

27

18

26% Jan

2

2

40% Dec

30

95-

Jan

14

14% Jan

3

3'

Jan

Dec

2

5

50

l«>

36% Feb

9

May
18% Dec

Apr 23
99% Feb 25

13

July 2
16% Jun 25

5

41% Dec
102

95

8

4

»2

Jan

Apr

10

Jan""7

100% Jun

17

May 27
95% Jun 11

37-

22

64% Nov

20

59% Jan

Jan

37-% Jan

2

20% Sep
96% Oct

11
7

81'

Aug 27

02:

Nov

102

8

107

12% Jan

2

9

21

Jun

25

Apr
22% Jan

Jun

30

7

80

'Jun

23

Jun

4

43-

Jan

4

99

99

Jan

4L

26s

Phila

36% May

Philco

3_

71% Nov 24

73

2

62

31

54

Jun

g

765% Mar 10

Apr

6
30

14Tb

14%

30,300

22%

300

57

v.;

33Tb

34'b

-

111%

112'%

97%

97%

.

57

;

-

33%

98

57%

53'A

59%

34

34 %

."4 Td

,

110%

112

4,000

101

101V?

3,800
900

7,500

94%

96%

95%

95%

95

95 %

95 %

95%

91%

91%

92%

92%

92%

92%

*92%

19%

19%

19

19%

19

19%

18%

19%

5
25

46%

46%

46

46':.-

45%

40%

46%

46%

57

57%

58%

58%

109

*65%

33%c
No par

*70

-

59

58%

66%

67%

28% T

28%

29%

28%

31

*44%

45%

45%

45

45

45%

45

45

*95

98

98

95

95

17%

17%

17%

2,200

4%

4%

2,200

17%
4%

*95

17%
4 Tb

,

/

%

v.

*95

98

17%
,43%

37%.

17% V..

61%

60%

48Tb

49

21%

21%

v

21%

,

95

95

94

95

;

82%,

*82

8:1

.,:

92%

92%.

*91

*99%

100%

-

41% Mar 31

J~un~25

Jan

2

70% .Tan

8

90

20

34% May 28

~22% OcTio

21% Jan

6

82% Jan

6

93% Jun

25

89

Jun

4

84% Jan

7

99 % July 29

90

Jun

29

373/j Anr

24

Pipc-r Aircraft

2

Pitney-Bowes

Inc.

25% July

2

Pitts Coke &

Chem

94

Mar 18

99% Apr

2
30

17% Jun

$5

convertible

Co

common

92%--

100%

97

97

30

61 %

62%

62 %

63

22,200

,50%

50%

50%

*21

38%

38

»

21%

*21

21%

8

15

Nov

10

135

Jun

4

133

Jan

9

142

May

Apr

17

140

Jan

22

134

Jan

5

145

Mar

4

2

28% Oct

U

24% Jan

9

3934 July

2

Pitts

67% Feb

25

73% May

7

81

Aug 11

Apr 28

6

95%

96%

,230

83

32%

82%

JllO

92% -92%
*99%

91

91

ICO

100

_

100%

91% Mar 19

26

14% Jan

2

24% Dec 30

19% May

7

28% Jan

62

Jan

2

73

Oct

23

71% Jan

2

82 % Jan

29

68% Jun

2

80

Oct

10

77% Jan

8

86

Feb

9

17% July 7
113% Aug 27
39% Jan 10
69:

20
Apr
9
122% Jun 11

24% Sep 29
125

July 11
*77% Dec 18

10

113% Dec

39% Nov

14

Jan

21% Mar 20
43% Jan

2

16% Jan

,

9

Mar 15

74% Jan

2

114% Jan

22

39% Apr

21

25

31% Apr

17

96% Jan 28

151% Jun

29

25% Jun

32% Nov 14
27% Oct

23% Jan
132

9

100% Jun

109% Nov'20

2

Apr 16

34% Mar 31

16

19% Jan 31

63

24

Jan

7

88

2

Jan

14

28 % May 14

Pittsburgh Plate Glass Co

Pittston

Co

(The) common.
$3.50 convertible preferred

Plough Inc
Plymouth Oil Co...

15

90

22% Jan

10

28% Dec 31

55

Dec

12

Jan

31

78% Nov

20

42% Jan

9

50% Dec

31

29% Jan

2

39

25% May 19

14

Nov

9534 Apr
29% Feb

2
24

89% Mar 23

—

11,700

26,600

61%

5%9
Procter

Inc

sink

33,000

3,000
8,200

1,500
21,500

9,400
40

100

6,200

30 % May

5

98

Apr 23

86

Jun

15
18

106% Apr

6

42% Jun

12

48% Feb

9

70% Nov 26

80% Mar 13

70% Jun

24% Jan

21% May 14

20% Nov

18

10

16

12

23% Jun

18

20% Jun

29

Oct

15

113% Dec

31

107% Jun

23

5% Jan

2

15% Dec

11

1C5

Jun

9

Jan 16

7
25

22% May 14
117% Feb

15"

Jan

5

16

84

9

86% Jan

7

29

31% Jun

24

35% Apr

3

19

58

Jan

2

653,July

2

45

Dec

31

26'%

26%

26'%

26%

3,700

144%

149%

148%

150%

15,700
3,100

Mar

39% Jun

23

48% Apr

16

27

preferred

.

.

4.809 preferred
Publicker

Industries

Inc

100
25
——25
-100

com

5

$4.75 preferred
^
No par
Puget So ind Power & Light Co...10
Inc..
No par

Pullman
Pure

29

81%

813b

-

5

Oil

*70

86'A

100%

310

44'A

7,300

70%

71

21T4

21Tb

20%
1083b

109

10%

10

62%
4134

*84%

86
-

21

•20'A

20%

31%

30

43ab

22%

*85',;

20

♦8oJ/4

.70%

4

70

83%

_

108%
10',

83

3,900

100 %

86

*21%

19,300

30

83'A

100Tb

.

3,600

40 Tb

*82

83%

.44

49%

29'A

28 Tb

.

190

6,200.
4,100

39 %

38%

100%

26%

81%

49

48Tb

38

*85%

92%

26'/4
81

82%

48%

.j—.42%

27%

27

27%

92'A

82

100
—100

4.329 preferred
...—1
4.1G9 preferred—

30

Nov

26%

Co of Indiana...No par

preferred

3%9

Dec

85

5 059

760

2,400

91

4.309 preferred

2,700

37'A

26%

23% Jan

13

104%

•

Public Serv

106

105

36Tb

91

76% Mar 13

35% Dec

6

43% Jan
Feb

10

93

€0

67% Jan
26% Jan
29'

Mar 20,

100% Jun

21

Sep

92

69'A

68'%

68

37

*82

91% Mar 20

Jun

125

♦122'%

125

36%

$1.40 dlv preference com—No par
4.089 preferred—
.■«.!
100
4.189 preferred—..
100

83% Mar

29

80

68

104

36%

3

16

81% Jun

107% Apr 22
46
Dec 31

67%
104

21%

36%
26%

Public Service Co of Colorado

28% Jun

2

1033.|

*122%

125

66 %

Public Scrv Elec & Gas com—No par

2

12

*122%

6

18

29

1,300

8

18

Jan

21%

68% Jan

Feb

Sep

21'/4

43% Apr

Apr

Oct

21%

9

93

37*

21 %

4

95

86

300

21

17

5

100

82 %

47% Feb

29

7

75%

*80

26%

2

50

*74

81

*75

(If K)—

10

13,600

76 %

81

76%-

fund preference—100
Power Co
10
.

25'A

24 'A

24

82

73% Feb

Oct

23'%

81

37% Jun

83% Nov

62

24 %

23%

*75%

27%

'

26% Jan

16,000

151%

Gamble

&

150

22,800

26%

Electric

Potomac

40

10,400
80

147%

.

50"

50%
71

10

Polaroid Corf)
Poor & Co
Forter Co

88% Dec

10
100
100
100
100
1
75
,.2.50
5
1

Pittsburgh Steel Co common
59 preferred class A
5%9 1st series prior pfd
Pittsburgh & West Virginia
Pittsburgh Young & Ash pfd—.

70

32'A

.1.25
10

Metallurgical Inc...—

100

96

Pitts Ft Wayne & Chic Ry com.100
7% guaranteed preferred.
100

15% Jan

17% Aug

6,600

83

..10

128-

48,300

94%

No par
—I

128:

10

4%

preferred—No par

$4.8Qjmrcferred (conv)
Pittsburgh Fprgings Co--

HOLIDAY

97%

No par
No par
—<1
2

Corp...

44% July

,

1,000

37%

50c
.-3
100
—5-

Pillsbury Co common..
$4 preferred

97

EXTRA

49%

37%
100

82%

*99%

50

35,100

4%

50

*21

•

37%

61%

48%

.

17%

*67

*95%

5

61

common

5,100

66%

*95%

preferred series A

CLOSED

58%

28%

95%

Corp common

EXCHANGE

68

1,200

57%.

38

100
..100

STOCK

*65%

95%

No par
100
100

110

38,400

66%

37%

.

4 00

93

28% "28%

100
12.50

47% Apr 20
95% May
8

7

800

34

27%

5

95% May

7,400.

•71%

Jan

12 % Sep

Mar 23

>2,000

118

33%

common—No par

Philip Morris Inc

.

100

111%

98

*22

22%

1,700

70

96

2

14% May 13'

900

14%

27%

14

7% Jan

2

2%

71%

15% Mar 12
97
Mar 24

82

16% Jan

55'A

23s

27%

28

84% Apr 14

17

24% Nov

26 %

52'A

2%

27%

11% Jan

19

Jun

2

1,600

26

52%

71

24

Jun

76

8

Jan

31,700

49 preferred
1007
3.909
series preferred
.100
Phillips Petroleum
5
Phillips-Van Heusen Corp com
1
59 preferred
..100

78

Mar 12

3.4

43%

27%

52% Mar 23

Mar 18

86

49% Dec

100 %

42

70%

44% Jun 23

89

29

88%Nov~25

3,900

42%

27%

& Reading.Corp

33A%

M

47%

27%

4.309 preferred—.a.—.

56% May 12

12,200

92'/a

47%

71

4.689 preferred

Jan

46%

T4

*91

100
100
10

$1 conv preference com.
4.409 preferred
3.809 preferred

Jan

46

1,120

27%

preferred..;
Corp of America

8

104% Jan

44,600

2G

*22

56%

*70

1

—.

Co

26

29%

/.;-■/■"■/

No par

Ry Co

.

Phila

67

Apr

Eastern

Electric

"" "■

I

97

28%

.

14%

2%

111%

1111

10

2nd preferred (conv)

21

2

34

Corp

Corp

27

~

Sand

Phelps-Dodge

Jan

75

57

33%

•3,200

v

-:

2%

*52

22

56'A

5

10

6

36% Feb

•74% Jan

49

1

Dec

21Tb

~

May 5
May 13

26% Dec

21%

,.100
1
Pfelfrcr Brewing
Co
5
Pfizer (Chas)
& Co Inc com_33%c

15
88 % Apr 13

17

89% Jun

21%

scries preferred

4% 9

103% Apr

46Tb Jun

43 % Jun

57% Jan

24

57

25

Petroleum

22

70% Mar

94

93% Feb

24

7

14'A

Corp

Pet Milk Co common

Mar 30

6

107% May

Sep

100

Jun

6% Feb
100

16

50% Dec 31
24

itiil

43% May

36

I 92-

4

14

No par

Co

Co

26

14%

2Tb

9,980

133

5

92%
47%.

41%

H,800

133

46%

47%

'

12,100
_—600

'

50%
176

30%

*91

'

-

48%'
42%

1

Light com
preferred

&

92 %

1,400

175'A

134 Vb
5

443A

453b
.

50%

*49%

_

•

29'A

59%

50

y4

176

5

29Tb

44Tb.
*91

49%

65%

59-T4

503%

134''

.";■*/

5

14%

Corp

Chemicals

Pepsi-Cola

6

134%

4%
28%

5

issued

Glass

Peoria

Mar 23

74

"31% Apr"

134

2%

Peoples Drug Stores Inc
Peoples Gas Light & Coke

59% Mar 11

0

51% Dec

32% Mar 11

134

60

49%
175/

2^8

Pennsylvania RR

5

Jan

176%

3.50

Cement

4.409

65% Mar 20

175%

52 %

4% 9

98% Apr 20

176%

65'A

59Tb

600

20

*18

49'A
r

26

Penn Power &

8

49%

52

Penna

5

60%
49%

49Tb

175%

~

26

(J C)

When

2
82% Mar 23

60
49

50%

52 Tb

Ford

Pennsult

July

49%

26

&

Mar

34

59%

49

52

Perm-Dixie

117

59%

25%

11

101% July

65

2.50

39% Mar 12

2

20

65

No par
1

64% Jun

20

♦18

65

Co..

Proof

8

21

20

65

Transportation

5

74% Jan

*18

x41%

32% May

33% July

20
65

'A

47% Jan

98% Jan

12%

42

Rust

Parinclce

Penick

13%

40%

30

18
30

2,700

20% V

12T4

No par

Dec

94% Sep
92% Sep

2,400
1,700

13Tb
20'b

12%

47 %

49

14

50

13%

'

8

Oct

93%

20'A

48

24% Apr

65

*93

12'A

91

29

13

93%

13%

46

21% Jun

Jan

4,900

20%

47%

16

49"

34'A

13%

91

Jun

9

34

12'A-

44 'A

25

31

8,400

34'A

20'A

*42 %

1Q0

6

Dec

9,900

-

-

12'A

No par

.:

preferred

peabody Coal Co common..
59. conv prior preferred

Dec

EXTRA
HOLIDAY

13%

30%

16

85

94Tb
100'A

109%

20'A

28%

15 Vs Jan

113

130,800

107

107

13%

1

12% Feb 26

7

8,400

CLOSED

16

98%

101 %

18,700

EXCHANGE

37%

93

92%

•

*93-

134'A
4%

15% NOV 11

82% Jan

16

33%

4 Tb

2

49% May 15

80

106

-

STOCK

19%

79%

36%
*15%

91Tb

*

1

Corp

7% Jan

39% Nov 20

19'A

791/2

19%

61,000

...

37'/»

99%

100

Consolidated

Patino Mines & Enterprises

8

90%

106%

100

& Teleg common

30

10

55

12%

64%

No par

3% Jan

23% Jan

54%

3,100

20%

*18

No par

2% May 14

30% Jan

28%

55%

*15%

100

99 3A
106

10

28%

13'A
*12

.25

Corp

3% NOV 21

-

16

200

87

.

20'A

Inc_5

Electric

9

19% Jan

*93

10

2% Jan

f

x89%

106

1

Paramount Pictures Corp
Parke Davis & Co

65% Mar 20

Dec

90

99%
106

preferred

Common

2

36% Feb

33;

16

Pan Amer World Airways Inc
Panhandle East Pipe Line—

28

1

5

57

Jan

0°',

50% Mar 13

47% Nov

*15%
87%

99 3 b

2,100

87

87

19%'
•''

14,100

17%

78

1

Corp

Lighting

Pacific Tin

13

59% Jan

91

2

6

35% Apr

8

30% Jan

1

144% Apr 24
6% Jan 29

15

44

15% Jan

9

5% Nov

2?

31

*16%

35%

19%

common

Pacific Mills

Dec

41%.

*

28%

*85

79
37-;

25

Finance

2

150

19%

78%

preferred

67% Apr 20
66% Apr
3

21
2

40%

%

17 Vs

■

19'A

.1

Fisheries Inc
Pacific Cement & Aggregates

5

20% Feb
117% Jan

19 '4

:

33'A
*15%

Pacific Amer

15% Jan

149

240

'

78%

—No par

4

May

18

90%

31

41

28%' 1 'T 28% '
54Tb "55'A
v
■54%;

.—15

19% Mav 13
12

Dec

100

90%

31
'

28'A
™

33%

1

6.25

common

preferred

40% Jan

47% Jan

92%

90'A

30%
16%

"

'

33 VB

;

14% May 14
23% Jan 16

14% July 30
22% Nov 20
3

28%
54:,b

87

X78',4

49
$5

80

*91 %

92

40%

■

17%-'

lOG

Owens Corning Fiberglas Corp
Owens-Illinois Glass Co com

4

330

79

P

10% Jan 26

2

Jan

1

1

99% Feb

2,900

90

30%'

*86%

67

53 lb

41%

30%

30c

2

88% Apr 28

60

90

79

*89%

*17

6.25

;

7

Mav 21

5

_*

Corp
(The

Overland

lio

1

49-

Corp.

Marine

Corp

59'A

90 »A

80%

91'A

90%

40%

30%

'17%

*86%
28'A

7.50

16% May
94 34 July

9

97% Jan

25% Jan

May 22
18% Jan 17

Gas...

Oliver Corp
Otis Elevator

Outboard

59%

91%>

90%

41%

303s
*17

100

Chemical

2

90 %
80

91%

90%

40%

5

—./__20

101% July

11

85% Oct

ia->

Co common

Natural

Matliieson

59Tb

90'A
*78'A

GO

90

*78%

92%

90%

No par

2

July
37% July

99% July 29

Jan " "7

93% Oct 31

Olin

1
11

80

92 34

100

Co

Oklahoma

59 Vb

,

91%
80

"

49 preferred
4.249 preferred

5

3.W*Dec

Oil

59

*90'A
*78 Vb

,100

Okla Gas & Elec

4
27

58%

100
jlOO

.

4.56% preferred
4.449 preferred

16

84% Mar

9

16% July

12

common

4.40% preferred
3.90% preferred

13

46% May

39% Jun 24

3
C

Jan

95% Jan

% Jun 25

Dec

-

Jan

100

10

16

85

17% Jan

27•

Ohio Edison Co

67% Jan 30
95% Jan

May 18

109.%

109

109

10'A

10 %

IP'A

32%

32%

32%

*32%

64

63 3 b

65

!

42%

41%

520

6,200

86

*84%

86

160

300

8.JOO

.

33

10,300

.41%

65

65 Tb

6,800

41'A

41%

9.800

1

A

Q
87% Feb
132
23

Oct

11
28

52

Nov

19

146 % Apr

23

127

Jun

25

28% JulyT24

24

Feb

25

July 28
For

footnotes




see

page

24.

25% May

5

54% Jan
140

Mar

273/4 Jan

16
5

26

Quaker
6%

Oats

Co

common

5

preferred.....
100
Quaker State Oil Refining Corp—10

47%
128

25%

48

47%

128

127%

25'%

*25

481.>

129
25 Vs

48%

£9

*127'.2

129

25

25

.

49%

50

*127%

129

,25

25 Tii

1,500
140

900

21

22

The Commercial and Financial Chronicle

(66)

:

.

Monday. July 6, 195J

.

NEW YORK STOCK EXCHANGE STOCK RECORD
STOCKS

•

liarFrartoaa

_

„

Monday

EXCHANGE

Highest

Loweat.

Hirfcwt

LOW

NEW YORK STOCK

Ranffe Since Jan. l

Yaar1958

Urwt

Par

AND

Tuesday

June 'lit

HIGH

SALE

Sales for

PRICES

July!

the Week

Friday
July 3

Thursday
July '2

Wednesday

June 30

Shares

R
•

-

toy* Jan

45 % Apr

9

71

69 % Jun

9

74% Mar

31
60% Oct 21

23% Jan

9

33% May

56% Jan

6

73!

19% Feb

9

51 % Jun

15

27;% Apr 14
73% Apr 27

29

25.

43 y«

31

24V2 Dec

8
13

23% Dec

28

69

Dec

17
17

1<J% July 14

25 % Jan

20

313/4 July 25

34% Jan 24

14 V* Jan

21 % Feb

Jan

14

19% Jan

2

27%Jun

Jan

5

25 % July

30% Jun

9

40j% Apr 22

Jan

2

12% Feb

16

17

29
25% Aug
0

12

2

27

8% Nov

11

4%

2

3% Jan

15% Jan

5

201% Apr

8

60f% Apr 29

May 20
60% Jun 24
29 Va Jun

27%

2734

26%,

60 Va

58%

59%,

21%

21%

21%'

22!

13% Jan

6

10% July
14!% Feb

66!

8

79

July

22% May 12

39% Dec

29

38% Jun

5

53% Jun

10

54% Dec

30

46 % Jan

28

22

Jan

Apt;.

s

22%

600

'35,100
'

73,000
5,300

22

22%

35%

35%

%

31%

31%

700

23%

23%

2,100

2131

23%
24%

28" 4

_^1-

33

33r'«

10

*9

9J

36

—

Chemicals

23 '".'H

-

:

a

23%

237«

23%

24%

24%

24%

24%.

33 3

a

33 %

33 34

33'4

84%

9%

9%

9%

9"*i;

200

2.^,4

33

'

23 '2

-

f-.

9%

■;' t

2 J.100

■

39.160

A

:

(Robt) & Co—
18 3

lo

9

2

4

18%
57-'%

19%

56%

18%

18%

;

5534

55%

56!

18% V

•18%

57

19%

57%

'

STOCK

j,

:

1

56

400

EXCHANGE

-

30

5

30%

30%

80 %

30%

*57%

58%

58%

58%

21

21%,

21%

21%

10%

10

%v

common

50c

preferred

10

14 3:,

76%

77%

52%

53

Republic Pictures
$1

26

*10%

14%

Republic Steel Corp
-10
Revere'Copper & Brass——.—.—5

5

convertible

*57

58

%

,

'

21%

10%

'

V

08

*57

10%

21

21% %•

70

EXTRA

7.900

14%

14%

14%

14 3 B

77

76 %

78

78

•!,j■■

79

53%

5312

53%

53%

53%

HOLIDAY

29,900

14%

14%

53%

^

8% Jan

2

33% Dec

9

30% Jan

56%

57%

2,50

49%

50

78% Dec

31

65 % Feb

9

6

47% Dec

12

50% July

7

10

45% Mar 12
Mar

1

Revlon

2

Rexall Drug &

2

Reynolds Metals Co common
1
4%% preferred series A——..50
4%% conv 2nd pl'd———
100

109

July

48% May 15

149*

3

Jun

24

Inc

Chemical Co

102 3

,"57-h:

58%

!

50

v

/

v

■

2,300

■■

21,600
4.200
*

•46

47

144%

49%

14431

102

4(5%'"

■'

'

""

;

llUiOO

61%

"49.%'.

50%

24;70C
1,000
1,10c

118

148

'

148

145

21,100

46 %

46

46 %

t

109

107

108

%4(i

1443»

1443i

60%

50%

49%

%

102% io3%:

IOSTb

1

46 3 V

59%

57 34

*

900

4.400

■

10%

76%,

.

•I

700

-

,

•v

'

10%

21%

10%

*•

31

30:%

"30,%

"

63!% Apr 14

41% Jan

,

•

,

CLOSED

%•

; 4

,

,

22 V4 Jan

116

58 •'«

'

2

8%

27%

57

31

Reliance Elec &■ Ehg Co—5

2

19
19

11

26%

5834

35%

C011V preferred 3%% series—^.100
Republic Aviation Corp
!l

14% Nov

27

573i

3i3i

7

77% Dec

26%

..

.

31%

5

8

■;;

35%

2

7

70

317«

*35

July

2

70

35?

!50

60% Mar

Jan

69

6,600

35%

2

31%

—50

281%

31

34 3.,

•

>4

7

..

1.300
*'■

22

27%

58%

7

20% May

0% Jan

25% Jan

1

Jan

55

115.100

70%

35%

68

Reliance Mfg Co common-.

2

9% Dec

67

2

17% Apr

S

07

16% Jan

22

9

67

5

$1.25 div prior prelerence
Reliablfe Stores Corp
^

42% Jan

2

14

33'

50c

Reichhold

r

70%

*35

33 %

No par

7f>%

69

33%

noneum

Inc

09%

TO14

70

«

33 To

33%

Reeves Bros

15

Jan

16ya Dec 31

70%

2

27

18% Jan

68 3

70%

1

Oct

18

13

Jan

68%

70 34

31%

50% Oct

7

12% May
31

68

70%

2nd preferred—50
Regd Roller Bit Co————No par

Rels
7

5

i

Reading Co common——:
4% noncum 1st preferred-!

26

67%

70%

'

——

21

-

Inc J.

65%

par

No par

Raybestos-Manhutian —;
Rayonier Inc
———
Raytheon Co

May 22

33,% Jan

Jan

14% Oct

Ran co

6

371% Jan

Jan

No

Corp of America com
1st preferred—1!

$3.50

2

34

30% Dec

Jan

May 11
5

5

21% Jun
-30

10
17 y* May 28

253/4 Jun
«

Radio

Feb

75% May 12

48% Dec

2

30
16% Apr 10

09 Y» Sep

i
>f
15

-47% Jun
78% Jan

79% Jun

87% May 22
20% Dec 22

9

10% Jan

2

27

'

1% Jan

2

Feb

28

109% Dec

1

2% Apr
77% Jun

2

38% Nov

13

32% Apr

2i% Jan

9
24

19 ya Jan

16

*5

3

14

Oct

44% Dec

IB

36% Jun

29

50,

5% Oct

13

4% Jun

26

19

2

35% Deo

30

.31% Jan

34%- Dec

10

35% Feb

16

48%

41% Dec

31

39% Jan
23% Jun

23

30% Oct

1

29 % Jun

2

Deq 18

481% Jan

29

6341

28

8314 Jun

30

921

112

Apr

2

505

30

Jan

6

96

Jan

17

84%

85%

83%

84%

83

84 %

36%

37

36%

36%.

36%

36% r.

*36%

37%

37%

33

4%

4%

4%

30%

4%

4%

51:%

52%

Rochester

Jun

26

30

Corp

8

24% Mar 12

Rohr Aircraft Corp

20

10% Jan

7

1#?4 Mar'25

Ronson Corp

2

19% Jan

2

34}

Jan

2

20 % A or

24

40% jun

24

50% Jan

26

16 *

16% Nov 24

3

53% NOV

20
8

4

Apr

7

25% Oct

2

8

11% Dec

14

Jan

24

24%

25

38% Jau

40% NOV 20

Jun

15Ta Jun

10

30 % Jan

2

30

2

l4;%

10% July

Jan

' 42%

25%

25%

38

37%

20

*33
*33

L

33%

10%

10%

28

28%
20

42

16-%

—1

45'%

.5

10 %

10 %

I

42%

16%

•

16%

V\

42%
16%

',16%
44%

47/

Co-.————

Ruppert (Jacob)

Mar 25

42%
,16,%.

16%

Ruberoid

2

Dutch

46%

16.%

10%

•'

1.000

6.700-

38%

*3 200

21%

\
/

19%

•

52%

4

42%

18%

16%

.

10%

.10%.

-

-

600.'-

52,900
40.200 7;

u,

43%

10%

16%

-

-3,000

'3,200

c

16

43%

18

17%.

8.800

'<♦'

11%
28%

19:%

(

20
<

11%

<•

,

'

t

27'.-.

21

...

-20

35

*84

580

{

62'7 %

625

43%

<10%

10%

43%

26% V

ili?Jt
28%

43

1

''I

•

1

43%

21

10%
27%,
*19% •
42%
16%
16%

,

(

37%

85 >

20%

10%

28%

I

> <

8.400

26

028

85

21

10%

*53

'37%

625

3314

3,300

4311,

37%

-

625% 630

35

Petroleum Co
20 G
Royal McBee Corp—
1
Rubbermaid.. Inc—— ——1
Royal

;

1.100

;
52%%
56
V.

25%:

42%
25%

20 %

38

m

*53

42%

'

.".27%
19%

1

1
1—

—

633%~V

!

r

2,800 '

••;■

4%

52

51%

"56

20% /20%O.'; '20%

1

———

:—

Roper (Geo D) Corp—
Royal Crown Cola Co-

17;
Jun 22
47}% Mar 11

16

42%

25

V;

.

52

^53/•

56

■'

4%

51%-

'

100

preferred series A

;

1

42%.

.5

—

37

4% I

37%

—10

Rohin & Haas Co common

Jan

20% Dec

13

Corp

Telephone

Rockwell-Standard

36%

37

-*53

convertible preferred—25
Rochester Gas At Elec Corp—No par

12% Nov

13% Jan

10,300
5,300

85%";
36%

25% Dee

17% Jan

2%

200
19-.2C0
.

*••■

86%

5%%

May 27

2'A

2%

83%

17
2

5

2%

2%

..—10

30

Jun

y

No par

7% Apr

20

a:

23%

Corp

22% Dec

12% Jan

80%

20.400

'{■

1;

22%

Corp

5

,4%

54%

80!

22%

-V

22

52 %

80%

"79%*

~

22

2%

>

55

53%

55

331:,%

.

•' 21%

•

Oil

25

38% Jun

*30

j

2?! is
2%

Antelope Copper Mines
Robertsha'w-Fuilon Controls com—1

Mar 31

2
2

2!»

Roan

May 15

20

28% Jan

22% Jan

.—5s

54%

55

^0%

.

21%

Rltter Company

5% Mar 17
53f/« Jun 23
55/ Jun 22

12% Jan
28

Rlegel

27

Jan

54%

%4j9%

—l

Paper

Richfield

Jan 26
33,% Mar 3

2

Jan

5

series-——100--

Manufacturing Co__

Rhodesian Selection Trust

5

July 18

4

Tobacco com.

Preferred 3.60%

Rheem

,111<

2

32% Jan

Reynolds (R Ji

57j% Apr 29
™8f% Mar 20
25% May 8

24

Jan

18

f

•2,200

-

16.600 f'

%

900

i

"

t

"■J.
35

42% Jan

May 22
31% Jun 24

Baleway Stores common
4% preferred
:

15

1.66%

2

22
95% Jun 10
233% Nov 10
35% Nov 17

Jan

2

•31% Dec

1

1

St

10% Jap
33
Apr

2

21% Oct

30

21

Jan

28

25*% July

2

Bt L San Fran Ry Co com

7

73

29

72

Jan

5

79!% Apr

30

Preferred series A 5%

26% Jan

2
20

46% Dec

10

42% Jan

14

50% Apr

21

97

21

91% Jun

17.

97

41% Dec

34% Jan

10

44% Dec

9
24

Jan

161

22% Jan
24

00

Jan

Oct
Nov

—

236
28

26% Oct

28

25'.a Jun

36% Dec

11

35

Dec

31

2
July 10

10% Apr

16

48% Oct 24

32% Jan

13

61% Dee

17

Feb

20

46

Dec

2

8% Apr

17

21
74% Nov 11

34

52 %

Feb"

72% Jan

12

oct

3

86

July 10

„77

Oct

2

99% Jan

24

87

5

_28% Oct
85% Apr

2
10

23% Jail

12

Nov

€

Jun

12

7% Feb

21% Apr

7

39% Sep

8

7

•

"^31!a

'

*31%
■.*. 25

5

48%
*91%.

49% ;
26% <

26

Schick lnc"_x—_
Bcott Paper Co common

—

9
13

■

Bcovlll

■30% Mar 18

1

4

7% Jan

2

35% Feb

9

Mfy

No par

j

l_No par

.40% May 25

Mar 17

Co common

_25

Seaboard

Air Line RR Co

-

79%

49 %

"

26 %

4.5%

fc

..

18.800

93%

26

11.300

25%

26111

43'

42%

43'.

43

43

15%

15%

15%

15! 4

16 %

8,000

37%

30%.

37r,ii

37 !u

,37%

10,600

62

-

,26%

900

U;'

62% -64-—

644a

65%

41

41

41

41

133i

,

15,700

EXTRA
HOLIDAY

50%

►

*91 %

93'a

14%

13%

14%

13 3

79 3

79

79%

793;

79 %>

*77%

79%

87

*85%

30,400

4134
14%

87

%

4

79%

*77%;

87

*83!a '
-t 247hf

*85%

25'!»

25'

Ti

t

SO!

4.900

20

25!'-(
70

8,200

t25%

71

n

2,200"
10,800

a

25%

69%

"

,70

70

..

\ *7i

73
.87«

•1

8'!7

39

38

•

12,900

9-%

3 %

30 %

38

24 >2

'

9%
38 3 i,

8%

3834

377is

.

24

24%

18.700

6,200

'

23

Jan

22

3

13% Jan

2

4

39% Mar-11

2

Seaboard

Finance Co.—

Seagrave

Corp

1

5

Sealright-Oswego Falls Corp

_„5

t

Mar -18

6

40

10% May

6

19% Dec

22

17% Jan

6

49p8 Jun 29
•2lhi Jun 26

Sears'Roebuck &

4% Mar

5

11

24

9% Jan

20

15% Mar 20

Servel

12

9F

25

Jan

Dec

22

39% Jan

Oct

82

8% Jan

10

16 % Aug

4

13% May

1

37

25

46% Dec

25% Apr

11

39% Nov

17

8% Jan

13

17

Dec

1

Feb

12

85% Oct

26% Feb

18

5

Jun

22

Co4rl

75% Jun

Shahmoon

8

Shamrock

Oil

90% May 21

(Frank

27.%
-11% T'

24 %

24%

17%

18

41%

42

487«.

48%

49%

25,300

*18

41%

41

49

41%"
r/48!«
26%

400

18'%
42

48 14

18

18

.

1,860

267ii

26%

27%

25:!,i

12,000

11%

1134

11%

11%

11%

113»

18.000

80%

8(J%

86%

86%

14%

14%

1,200

41 %

7.800

*85

x24%

210

84

85

84

2.50

15%

15:'ii

.14%

14%

14%

1

38%

39

38%

39 %

38 %

41%

414+

No par

38

38!4
17,2

38%

39%

^38%

39%

IL. 700

18%
77%.

38%18:%

88%

No par

18%

17

17 %

17

17%

flAOO

76

78

78%

78!'4

78%

*6,500

19
20%

18%
19:,i

19%

18 7

25,000

20%

17

17

Gas

Shattuck

18%
41:,4
49%'

26
11%

No par

Sharon Steel Corp

1'

&

48%

-

_1
___i

Industries Inc

4Q;% Jan 26
' Jan 26

24

i

24!,4

24%

•

*18
41'V

■

3

—

Inc common

$5.25 preferred—

1

49,

7

l

Selberling Rubber Co

19,% Jun

32% May
13% Jan

7

Apr■

18% Jan

7

Jun

24:'i«

3

45:,

11

16
Sep
48% Dec

25

10

8% Jan
Jan

29'%' Apr

19f% May 27

Dec

3

17% Jan
24

540

400

,

I

45%
,78

50

50

*91 %

%

33 %

*32 %

*77

■'.

11,200

CLOSED

78%

.

.

80%'/
79
87
25 ' r

38%

20

.

143h

80%.
*77
87
247«
*71%
3%

No par

,

3.65% prefer)redr~ri_i_—__—100
Screw & .Bolt' Corp of Amer
__1

10% Mar 11

30

$3,40 preferred
$4 preferred

'

'•./ 42
'
15'
-.;-36!'a
62
41

.

14

1

^

93

25%

>/

EXCHANGE

30%

35

32%

25

50%

t

26

.

5

.

42
15

_10

:

32%
>

79 %

STOCK

83

255

ft 5%

*77

25%

*91'■«

2

2

Co

35%

32,

49%

v

93 %\

32
"235

82%
250

22.000

37%

37

37.

82%
*230

35%

79!a ;*77

100

common—

Electric

35%:

.

25%

*77

-

31%

25

—100

par

36 3 4

83
255

,'42
Bavage Arms Corp_;
5
15%
Schenley Industries Inc
1.40
37%
37:|)
Schering Corp common___.ll..;
_l" •—62— 62% "a
5% convertible preferred
30
41%
41%

69% July

78

82

*235

'

R4% ' 35%

Diego Gas & Electric CO--—10

Sangamo

2

Jan
Apr

.

96,

36%

81% '
255

No par

1st. pfd 4.40% series A

"Apr 14

81

20

Jan

May 22

—10

■

37%

37,% V,' •*.

81%
*235

6

j

Jan

66

9

36%

100
100

:

Joseph Light & Power__—No

Ban

4

43i% Apr
15%' Mar
87% Mar

10

Feb

as

45;

lead Co

St Regis Paper Co

Apr 28

16%' July

9

39% Feb

\ 12

35% Feb

May

29% May

10

Bt Joseph

Mar 13

5i|%

preferred

conv

2

Apr

2

Jun

02

71

3ff

4.30%

15

30i% July

9

.

Jan

,35

16% Nov

19

1

12% Mar. 3

17
12

18% Feb

•

30% Jan

25

Apr

2

Apr

20% Jan

Mar 24

90

258

May 25

G)-_

Shell Oil Co

7.50

i

70%

-

-

76%

15

-.

.

1
-

'

| Jail
'

'

Shell Transp
Tr—
New York shares ordinary

24

23% Oct

14

18% Jun

23

22

13% May 20

20% Sep

30

17% Jan

23

22% May 21

Sheller

9 -

20

Sheraton

6

49% Mar 25

17% Feb
Jan

2

21% Nov

14

16% Jun

12% jun

25

32% Dec

4

*26% Jan

17

40

10

22

Apr

33% Jan

-

2

Nov

17

38

14

45% Jan

50% Nov 20

Jan

2

26

Mar 11

51

Apr 28
55% May 5

Mfg

\j
|i Jf

America

50c

Blegler Corp
Signdde Steel Strapping Co

2

70% Oct 10

68

7

97% July

16% Be])

5

20% Dec

1

18% Jan

6

31}% May 22

Simplicity

66% Dec

24

58

Jun

23

67j% Apr

72% Sep

30

58% Jun

25

74% Apr

25% Apr

7

46:% Dec

19

44% Jan 22

15% Jan

2

23% Oct

14

15

17

25
18

.42% Jun 23
19% Mar 9

8
30

30!

Feb

48

14% Jan

2

25% Dec

44% Jan

13

15% Apr

3
2

52% Apr
21% Dec

Jun

8% Jan

1

Smith

22% Jan

5

Smith-Corona

22% Feb

16

29% May 21

4

61,% Jun 30

14

10% July

25% Jan

"~7

34% Dec
52

May

7!a July

3434 Dec
36 \

Jun

2
'9

Jan

7
26

21% Jun

9

23

2

49

SO

52% Jail 26

24% Mav 29
-R% May-18

32% Jan

13

49% Jan

2

24% Jan

13

37% Dec

29

34

28% Jail

2

35

Dec

31

33

Jan

2

44% Dec

9

37?8 Jun

2

65% Dec

31

63% Jan

8

53% Feb

9

32% Jun

29

35% Mar

54% Jun

19

63% Mar 25

Feb

24

34% Jun

17

22

391% Apr 21
32% Mar 16

Jan

26% Jan

10

2

56

Dec

29

•

19

July 15

18% Jun

70

Nov

13

78

Feb

20

Jan

10

40% Dec

31

22% Oct

30

2% Jan

3

7% Dec

3

49% Apr 22

67%» Oct

13

12

87

8

Nov 26

12% Jon

2

17 % Apr

17

92

Apr 22
18% Nov 20
25% Dec

15

y

V

40% Jan

2
27

56% Jan

8

857B May 15
17

21!

19% Jan 19
Jan

July

2

21 !4 Mar 16

Feb

9

28% May 21
97% Feb 13

22% Jan

2

48% Jun

77% Jan

2

84% May

31% Dec 29

26% Jun 10

£4.

5

89% Apr lb

79% Sen 24

page

61%

44''a

94

94%

97!

27%

27%

27%

27:%

60'%

6114

60 %

61

67'a

7%
31%
*49

25

22%
32'a

_25

x55 %

03

66

58%

59»,

58%

59

15%

15%

15%

155i:

28'4

28'%

285a

29'

60!

01%

60 '>8

61%

18.500

44 3
24

r

4

45

43%

44'

4

43;%

23

22%

23' '4

23%

7%

51

56'w

24 3

4

25
22

22%

56%

,

'

8.500

7 V4

7,000

6,500
100

51

24%
„

24%

1.200

22.

22!

5,900 J.'

33'4
56 3 k

a

33%

*32"':;

56%

56 !a

■

6.100

.

4

3178

*49

*32%

33*

*32%
56%

'

-

25

227tt

2.000

io.:)00

7%

31%

*49

„

,

31%

-7%

31%

73«
31%
50

22%

33

.

55,700

28%

Gl7«

24%
,

-

7,500

15%

31%

•»

t

1,500

11,500

59 %

-50

22%

Edison

>

03%

22%
7%

/"•

,

1,200

4

65%

' 28 ...
61/
44%

7%
31%
50

■>

-

600

3,400

54%

2

15'«

•

22%

24 34

preferred
California

,7'

-

44%

22 »

5

com

Southern
Southern

Co

5

5%

non-cum

Co

(Del)

No par

common

preferred

Mobile & Ohio stock

Southwestern

No par

tr

20

ctfs

Public Service

•

33%

30

7

33% Mar 20

common

56%-

400 r-

13,300-:

18%

42%
*21

7%

6

71%

100

*86%

$4.50 preferred

Spiegel Inc

common

preferred
Square D.Co

1

17%

50c
25

25%
915a

2

43%

No par

*82%

5

30%

"37%

*34

34%

*34%

34%
38%

9.100

12.600

43

73%

74%

73'a

73%

58 %

58%

58'

581

18%

4187Ji

*73

43

38%

8

59%

18%
"

38%'

3838

74 3

73%
' 585«

-

77

*73

43

21%'

'43%

•

2la% "'21%

21%

"7%

77«

*

72

87%

72

"J"

44%
...

13%

a

13%

43%

43%

22

21%

21 %

74 a

75«

77

*86 %

87%

*86!

5,700
2.200

77

42 3 4

77 Va

500

7%
78

3.100

1,500-

4,200
4,400

4

88
18

'2.100
82.100

17%

17%

1734

17%

2534

25%

26

25%

26%

93

92

92

92%

93%

19G

48%

47%

48 '4

47%

12,900

82%

8234

*82%

83

*82%

S3

30%

31%

30%

32

-31%

3.17 S

*92
44%

92%

87 %

h

*73

74 %

73
v

187s

77-.

7%

*75«

*86%
17%
25'a

,

38%

38!/«

18%

31%

15.300

37

34%

..1

77-

83

37%

37 !'k

34%

•

74%
59'4"

17%.
25%

37

37

37%

■

preferred

Spencer Kellogg & Sons
Sperry Rand Corp common

$4.50

1
1

585«
*73

2.50

——

4.20%

100

Go

Bpalding (A G) & Bros Inc

3

6eo

59

25

Sugar

Bparton Corp
Spencer Chemical Co

9% Mar

62% Jan

footnote?

13

47!i May 12

30

For

921

28

61%

a

12.600

61%

.

•

^^..2.50

Co

Rico

22% Jan 12

27%* Oct




27'a

15%
28',4

50

_r

'

95

2

59

15

Railway

2

20% Jun

61%

58

Southern

15

22

May 20

92

: 27:,4

<

/

19

59

60%

5

Inc

60% Jan

Jun
4

52!

*-

60%

lo

Marchant

•

92

28%

61

25

Corp

Jersey Gas
Puerto

02%

73%

2

83

O)

.

28

60%

5

Pacific

9% Jan

7

521

*90%

_l

Bduthern

85% Jan

May

52 %

No par

Co:

40% Jan 22
74j% Jun 29

78r

45%

47

52

34% .34!i
38
38%'

75

45%

46

45%

Indiana Gas & Elec-No par
Natural Gas Co
7.50

2

19% Apr

x-6!aJau

8%

21.000

52

Steel

preferred

Southern

34%

45%:

Southern

68% Mar 13

32

,

3

33

51%

& Platinum
1
South Carolina E & G Co coml_4.50

South

35%.

45%

South Amer Gold

South

7.000

34%

51%

Smith-Douglass Co Inc
5
Smith Kline & French Labs—No
par
Socony Mobil Oil Co Inc
15
Solar Aircraft Co
1

5%

174a

rt

.' '

/I.-

30

25

2G-% May 21
32% Jan
2

13

flay 29

61% Dec

Apr 20

52% Feb

4

34% Jan

38,

(A

21',';;

17%

45%

Skelly Oil Co

63% Jun

Jun

&

Pattern

29

24% Jun

2

47% Jan

Simonds Saw

Jun

45

20% Jan

'

2

20 3 8

17%

30%

-34%

19%

20%

17

1

Sinclair Oil Corp

25

2
14

3

35% •'

347«

18 7 8

19%

17.

^^-Nopar

50% Jan

46% Mar

xl7

>

1

Co

Simmons

i3'.!t
19:,V

1

Corp

Corp of

1

47%

20

36,800

1

■;

:
■

1

'j

The Commercid.1 and ,Financial

Number 5361

Volume 190

Chronicle

(67)

NEW YORK STOCK EXCHANGE STOCK RECORD
Range for Previous

STOCKS

Year 1958

Lowest

Range Since Jan.

-Highest

V Lowest

-•

.

•

I

"

Highest

;

.

;-4£*8 Jan

G9 Va Dec

2

19

61% Jan

7

69% Mar

Jun

8

82% Feb

14% Jan

2

Aug 29

85 7% May

■6

Jan

2

17% Nov

28

3

Jan

3

3-li Nov

19

25,:- " 61=aNov

21

49=8 Jun

3

'74

2

73

3 %

-

28% May

3

Monday

* V; ^exctl\ngk

/

../Standard Brands

24

LOW

NEW YORK STOCK

,,$3.50

Inc

65%

65%

No par
Inc
I

74%

,747a

3%

_

53%

54

52

74

5474

5274'

53

4674

46 *4

46%

46 74 '

51%

52*4

5174

52

56%

57%

57

58*4

86

85

85

*85

37%

35%

37

36

108

*108

52% Apr-17

49% Jun

23

59% Jan

26

Standard Oil

31

55=4 Jun

9

64% Jan

23

V

94% May 26
30

23

.,29% Dec
89

Sep

Dec

3378 Dec

84

18

Jun

Jun

30

27% Jan

31

14

3

85

'

29

Jan

92

7

31% Jan

111

6

12% Jan

Apr

40

2

July
•

14*2 Jan

•1074 Jan

*

18*4 NOV

2

15

6
-

29=8 Jan

14

17*2 Jan

,

2

54

45% Jan

11

22

Dec

lG-% Oct
18% Nov

28

37% Jan

60=4 Nov

Jan

2G=,b Dec

71

16

,

14

6G % Dec

*

-

22

2

28% Dec

Stix

19

May

Stokely-Van Camp Inc
5Vo prior preference

65

Apr

Jan

79

59

-

1
16

87

Nov

Apr 24

Jan

2

28% Dec

15

25% Apr
38

Dec

97

Dec

9% Jan

2

2214 AUK 14
30% Mar 19
Jan

13

G"a Jan

7

72
>

13G0

2

Jan

6

94

Feb

-

25

19% Jan
29=4 Jan

7% Jan

18% Jan

65% Feb

17

29

23

22

Jun

5

30

33% Jun

19

38% Jan

15

5%%

19

94% Jan

5

106% Feb

20

Sunshine

6% July

29% Jan

5

43% July

1

Swlf

2

14% Mar

9

Feb

9

35% Jan

2

58% Nov 21

25% Mar 18

36% Dec
89

Dec

16

25

55*4

57

5774

16,200

32%

33=4

56
>•5674
3374 t 34%

5674

33

34

34%

26,100
6,800

.51%

Paper

53%

52

53%

52

52

52 7%

22%

22

Vo

2274

22%

23%

24

24

17%

1,400

17 VB

17%

17%

17%

17 *4

1774 7

18%

18=4

3,300

1874

18

18

18

18

63 74

63%

63%

63%

6374

64,

64

64%

29%

30

3,800

30

30

3074

31

31

317%

2,500

*22

•

*18

v'52%

>

>

800

11%

11%

1174

11%

1174

117%

11*4

1174

58

58 Va

59%

Gl 74

61%

627%

32%

5874
32%

59

32%

32%

32%

327b

327%

3274

13%

1374

13%

13%

13%

13%

137%

14

No par

*87

90

*87*

90

*87

90

"87

63,100
-

0

1,000

4,300

90

58%

59%

4.500

22,700

25=b

257%

25%

22%

22 74

22%

*227%

22=4

*2274

227%

400

—30

33%

33%

33%

33%

*33%

33%

33%

33%

12.50

99*4

1,200

99%

9974

8974

99%

99%

*99=4

10c

7

—25

1785

5

774
*

7

1813

39%

1755

40

774

674

1789

40

1760

41=4

7

109

6%

1795

500

7

5.400

,

1770

1785

590

42%

4274

43 7%

427%

43%

Symington Wayne Corp.

1

11%

17,000.

11=4

11=4

117b

11%

12%

1274.

12%

7,700

Talcott Ino (James)
TelAutograph Corp

9

37

37%

36%

37 Vh

3774

37%

2,900

1

10%

11%

10%

1074

11

U74

Temco

1
2.50

14 = 8

147 «

14%

15

14%

14%

4,600

88=4

87

88%

867%

88

6,000

89

2

Jun

30

38% Jan

12

Jan

2

Aircraft

Tennessee

Corp

Texas Gulf

Gulf

Texas

Instruments

9

Tennessee Gas Transmission Co
Texaco Inc
./

153% Jun

29

&

.

42

42%

4 900

26

5,700

31=4

32

3274

3374

33

337%

23,400

81%

82%

80%

817%

81

81%

32,000

28%

28=4

28%

2874

2874

2874

1,700

33 %
No par

31 %

35%

34%

34%

33

34%

25,200

20*4

20%

20 Va

20

20%

20%

31,600

25,600

Inc

Coal

*25=4

5

Producing Co
Sulphur

Texas Pacific

26

-5

Texas Gas Transmission Corp

39% Jan 23

*25=4

25

—

25% Mar 16

27% Jun

4.16%

Corp.

Texas

.

1

1

Oil

10

150

153=4

144

*,y*

15074

14774

307%

3174

30%

1497%
3174

24=b

24%

24%

24%

2474

11974

1197%

68%

68%

1197%
69 7%

257h

2574

25=o

2674

26

7b

26=4

EXCHANGE

27! 4

27%

*2774

27%

28 74

27 74

2 8 7%

CLOSED

33%

33%

33

327%

33

3274'•3274

55 VH

5674

5474

5474

55=4

53

54.74

■'EXTRA

25

2474

*2474

25

2474

2474

HOLIDAY

637 b

65

647b
84

66 7%
84

247%

25

*2174

22

3,300

58

5,70"0

30%

3174

.—100

*119>4

12174

No par

69%

70%

:

50c

25%

$1.25 conv preferred*

No par

5
1

10,000

Texas Pacific Land Trust—
2

17% Dec 11

112

7

67

Dec

8

63

21% Dec

16

19% Jan ! 8

24

16

23

Jan

38% Nov 21

30

Apr 24

133

9% Apr 28
15=4 Jan
22

Feb

2
25

Nov

Dec

28

14% Mar 10
Feb

Apr

29% Deo

2

41% Feb 25
81% Oct

8

20

73

2

Jan

'Thatcher

4

56% Feb

70% May

10

6 '

May 27

88

21

Mar

24

Jail

16

46% Nov

14

45% Jan

59

Jun

•."••<■

29% Apr 14

21% Jun 24

30

26% Dec

1

<16% Dec

15

15

65% Dec

2

00

32% Nov

5

25% Jun

3

29

2

Jan

21% May 15

2

23

Jan

19% Mar 11

17% Apr

15

70

Jan

32:

Jan

\ Feb
17-% Oct

7

37% Jun

30

16% Jan"

8

24% Jun

11

38% Feb

9

Jan

1

58

Apr

7

52

10=0 Jan

2

25% Nov

17

21

Jan

12

Feb

17

Oct

13

52

Man

42% Mar

14

Jun

14

Feb

-25

58*4

58%

*20%

Co

23.% Feb 20
Jan

3

36%. Dec
55% Dec

16

45

1

54% Jan

9

21%

Jan

2

42% Nov

21

34% Jun

15

10 % Jan

a

15% Jun

16

9

Jj

32% Jan

34%-Jan-

7

'

Jun- 16

13% Mar

39% Dec

5

5

48

Jan

2

15% Oct

28

13%'Jan

7

13

26% Oct

22

.19=8 Jun

17..

17% Apr 20
25% Apr
1

9% Jun

19

12% Feb

4

10% Jan

2

2

23 % Dec

11

2-

11% Dec 29

3%

Mar 18;,

World Airlines

;.v 5%

conv

Oil

TXL

7,800

58 74

5674

20%

20!%

21

17

1674

17

2,700

2

63%

64%

64

64%

641 %

()474

3,300

28 V4

26 74

28%

29 74

2874

16,400

No par

*35*4

X2874
3674

Inc—

—5

_1
50
1

common

A

(conv)

50

3674

22 %

23

40%

*35=0

4174

53

36

23%

"23 7%

~

417a,.

52%

24%
'567(5

4574

47%

66

36%

pair

9%

974

—50

*36*4

527b

48%

5,100

5674
6,900

67'

100

40

847b

3574

15.400

97%

•

97%

1,200

40

*367%

—1

.

——

48

*66

97%

*367%

1,000

247b

477b

70

97%

53

2374
*54

36

3574'

40

12,900
10,100

53

*67

600

23%

41%

56 To

4774

66

35=4

377%

"23 7b

24

*54

3,500

417%

"

417%

23%

53

23%
*54

To.

14\'2

14%

147%

14%

147b

1

Co—

Corp

100

(*'

16

prfor preferred

Twin. Coach
-i

400

9,700

20%

Twin City Rap Transit coin—No

5

3,900

56%

1

3

3,200

31,400

17

4 Turtg-'-Sol Electric Co common
1
5% cBnv pfd series of 1957—50
20th Century Fox Film——
1

3

•

33,500

21

Tri-continental Coi'i poimnon..
$2.70 preferred-.
Truax-Traer Coal Co

10

13% Jan

%

36% Jan

54% Mar
75% Mar
43%- Apr

=

8,800

——2

Corp

Preferred series

25 74.
22

140
STOCK

17

—;—•

Transamerica

11

857%

2474
22

'

Bearing——No par

Roller

*
-

*84

25*4
22

Trans

25% Jan 30
59,

*80

10

common.....

1,400

*11574 121
6974
70 =/o

'

Oil

Transue & Williams .Steel

5*

56% Jan

22

11,60

•.•£•

-

-6374

22

Trane
/.

18

40% Nov

62

——„—

3

2

2

*24*4

Tisiiman Realty & Construction.™ 1
Toledo /Edison Co
5

15

27% Jan

preferred

Timken

28

10

25

-,—-r5

$1.20 preferred

15

2

Common

4%

,

Chemical «Co_*——

Tidewater

24% Mar 20

15% Jan

-10% Jan

,

..

Thompson (J R)_,
_15
Thompson Ranio Wooldrldge Inc—

84

53

Co

Mair

7

52% Oct

All g

Thiokol

2

2

43

Glass

6

18

37

common

May

25% Apr

21

Inc

Co

1

29

2

-23=8 Jan

Textron

Co—

72

Jan

Jan

2

36 % Mar

cx-distributlon

Ry

17

16% Jan
.12-% Jan
42

2

28*% July

Utilities

Texas

May 25

26% July

2

Sub share ctfs

Texas & Pacific

Apr 16

22

15

72

90
May 20
28% Aug
5

.

21% Nov 17
31

Dec

1

26% May 18
124% Mar 18

1 9

Feb 18

47% Apr
13

2,700

*25=4

27

2

•

267%

87

6% Jan
44% Jan

800

16%

5

1

common

Co~

11

98=4 Jan

6,200

HOLIDAY

41%

39% Aug 22

24% Dec 25

57%

5

Co

&

26

27

53%
32

2,700

1
1

series'-of '55

30'i
74% Feb

8

18*4

4174'

24

Dec

18%

1874

*25%'

Apr

86

18%

1874

-

26 74

61% Jan

24% Not

2

1874

42,900

EXTRA

42

19%' Jun

2

67.

42%

1

Aug

Jan

66

•64

8

41%

10

37

15

Corp..

Sweets Co of America _'

35% Apr 14
35% Jun 29

22% Jan 13

23

65 y2

32

63 7

18*4

1

Biscuits Inc

27% Jun

26=4 Jan

CLOSED

23

64

2274

63%

18 Va

5
13% Mar 16

2

Jun

9

55=4 Feb 24

Jan

3274

22% i 2374

22=4

62%

19% Jan

3

23

52

31%

2374

20

25

23

38 % May

6

Feb

!

7,100

22*4

3

14% Jun

EXCHANGE

59%

11% Jan

19

3,700

16*4

2574

Jan

29

20% Dei

STOCK

1574

58%

Apr

8

2

40

!'• 16*4

25%

35

17

8

9% Jan

3974

16*4
317b

39

59%

Sutherland

70O

39 74

1674
33

20

Sunshine Mining Co
•_,
Superior Oil of California

23

May 11

1,200

_-63,000

15%

25 74

25

Jan

7,900

37%
111

3174

59

47

59*4

16%

25%

2165

38,800

89

110

59 Va

2

9% Nov

2

3=4 Jan

8% Mar 20

1

-121,800

36%

111

25%

pfd

33,700

51%

57%

58%

2nd

53=b

47%

*05

No par

17

36% Dec

2

24*4 Apr 29

5274

36%

Sunray-Mld-Cont Oil Co common
1
:'/4V%% preferred series A
25

27

Jun

1695

38% Aug 27
13% Aug 19

2

9

Jan

38% Jan

Aug 11
42% Sep
5
29%' Dec 30

3
•"

24

Jun

1,400

1

—

common

Corp

57% Jun

..

33%

5

$4.50 series A preferred
Sun Oil Co

■<

39=4

39%

3%

4674
5174

-

89

i

100

31,700

16

—15

Co

Sondstratrd Corp—
Sun Chemical Corp

25.

18G5

31=4 Mar' 3

Mar 13.

40

^

58

5774

19%

3%

3%'

•

4.360

19

!

32%

1

Studebaker-Packard

-'

108

1

1

^

Co—

Broadcasting

74

197 b

75

5
:

Webster

'Sunbeam

\

15% Mar 20

24

20=8 Jan

2

38% May 29

88

24

69

66% Jon
13

& Fuller

&

Storer

26

11% Jan

Aug 14

Apr

15% Jan

Baer

Stone

2
33% Mar 25

50

Apr
26% Jan

6

39%

5

13% Jan

110

110

3

Shares

65

5

Drug Inc—

27% Mar 13

•

the Week

1

i

Stevens?i JhP) ;&/Co. Inc——
vSlewart-Warner Corp 1

12

36%

No par

Inc

15% Jan

9% Jun

29

9

Sterling

3%

*84

20
—20

Stouffer. .Chemical -Col

34=8 July "1
53=4 Jun ,30

55% May
24%' Jan

31

15% Jan

Stairretfc Co CThe)-L S

j

23 %. Sterclvl Bros Stores

59% Jun

Feb

26% Feb

20

39*'a Feb

8

18% Jun

'

20

•

21 «•'

Apr

10

convertible

20% Jan

18

Oct

23 % Jun

9

7

common

17% Jan

-

12

2 v'e Jan

26

Jun

Ohio

42% Jan

V

7

15 = 8 Jan

Jun

..

29

20

.

of

Jersey

preferred
/ $1.20 convertible--.preferred
Standard Ry Equip Mfg Co
Stanley Warner Corpi—
4

18

33*4 Jun

43

-

8

10 = 8 Jan

17% Feb

2

13% Jan

27% Ogt 22
45% Nov 12

Jan

29

Dec

12

Jan

18

14% Nov 20

.'$1.60

Jun .29

Oil

New

.3=4% preferred ••'Series A.
_100
Standard Packaging Corp com.
1

?•-.

2

61

>11^2 Nov 10

.Standard

7

37% July

8

-

of

20

*

Friday
July 3

x

747%

47

52

24

12

5974 Dec

2

3%;

507«

44=.t Jun

6074 Nov

2

3*4

4574

50

Sep 17

197b'

23

18

2

2074

647%

-

75*4

62% Jan

19

Sales far

Thursday
July 2

65%

*7472

24

21

lflii Jan
36
Jan

19%

64=4.

'

74'%

Standard'Coil Products'Co

47*2 Feb

•66*

65=4

26

35*2 Feb

'

6574
7474

11

42=3 Feb 24

Nov

SALE FBICES

July 1

3% Jan

May 29

Standard Gas & Electric Co____10c
Standard Oil-of. California—'
6.25
Standard Oil of Indiana
j
25

43*4 Feb

HIGH

Wednesday

June 30

cpm___No par

preferred

AND

Tuesday

June '19

Par

20%

2174

20%

20%

20=b

1.374,

15
21

5,700
12,700

u

12% Jan

5% Jan

*30% Mar 25

44

83~b Apr
27% Jan

17

92.

Sep

15

•81% Feb

5

-84

70% Sep
4
80% Nov 10

•

13

24-% Jan

20

9% Jun

tf-

41:; Jan

28

420% Feb

9

32=4 Dec 31

80!» Jun

19-

103% Jun

23

Apr 29
Mar 24

71

94

Apr 25

Jtin^

90

31

2

14

13^'

14

14*4

1374

13=4

13-%

No par

25%

257 b

25%

2G%i

2674

26 %

26*4

267b

8,500

—5

12%

12 7

12*4

12%

1274

12*8

127b

6,100

44

45

44*4

45

45

12=4
4574

4574

4774

7,200

Udyllto

Corp 4The)
Underwood Corp—

30% Mar 13

—1

Mar 16

(Jnion

Asbestos & Rubber Co.

75

Apr

Union

Bag-Camp Rapcr

Union

Carbide

Union

Electric*Co 'common

83

2

149% May 29

•

35%'Mar 1698% Mar

Preferred

4

27

75% Jun

77% Feb

25

May

5

87

Mar

24

44

Apr

29

36=4 Dec

16

33

Jun

9

38% Feb

9% Dec

18

8

Jun

12

3

9% Feb

50% Mar

Corp—.6%
Corp——
No par
10

$4.50 series—:—No par

Preferred $3.70 series
No par
-V Preferred $3.50 series——No par
Preferred $4 serles_i
No par

18-

May 22

Apr
•

5

51

54% Jun

*

10

0

'

126% Dec 31

2

40% Jan

Nov

20=8 Jurt

14% Jun

6

Oil

of

California—

143%.

143%

145

14574

2,200

8,700

147

31%

3174

31%

3174.

31=4

3174

31%

92 74

92

92

92

92

91

14,300

92

*7374

*7374

77

727i

83

49=4

4874

48%

48

4874

34 To

34%

35

34%

874

874

874

54,600

3574

48

34%

:

180

73=4

*81

48%
3474

4774
34=8

100

77

7274

83

*81

83

;

*737%

72 7%

72'%

7374

*81

83
4

77

*737%

77

7274

7274

*81

10

Paclflc'RR Coieofumon

143

31 %

92

25

Union
Union

19

143=4

142

13 7%

32,600

•

3

Apr •

26=4 Jan

37% Dec -31

18% May
21% Jan

24% Feb

Jan

31

143

Jan

2

108

Oct 27

91

19

.

Jan
Jan

2

May 21

6% Jan

Apr

32% Sep
79% Oct
48
°

8

22% Jan

Union Twist Drill

6

41% July-

1

United

Air

Mar 26

United

Aircraft Corp 'common

Lines

66

Inc.1

136

Apr

3

4%

<ser of

32 % Mar 26

United Artists

30% Jan

United

of

90*2 Jun 29

15

26% Jan

13

G9

7

21

Jan

46% Mar 10

18

8% Jan

2

95

22

Mar 24

■

Biscuit

t $4.50

3374

22%

23

10

39%

4074

40'%

41%

40%

41=4

4074

5

52%

53 74

51%

52 74

517%

5274

52=8

38','4 Apr .10
88% Apr 17

United

Eoard

United

Carbon

65% May

Unlted-Carr Fastener

G-

United-Corp

9% May 19

100
1

prefcrred^iT—No par

& -.Carton

Corp

Col.__—

10

12

37% Mar 16

United

2

22% Mar20
45% Mar 9

United Engineering

40% Dec

30

33% Jun

19

42% Jan- 22

United

50

13

58% Apr

29% Jan

13

16

-

Dec

31

48% Jan

16% Dec

2

31

16% Jan

2

12

13*2 Jun

15

18% Nov 21

32%-Oct 29
33% Apr 29
-78

Dec

4

8%

'9 74

9

974

9

7

*8% Jan

2

-39

Jan

For

3

120

Apr

165

11% Oct
.,47% Feb

footnotes




see

page

34%

"357b

18,000

52

517%

52

20*4

20=4

20

20=8

1,800

137b

14%

14

14*%

6,700

20%

20%

31

30=4

31

43%

——.25

4%preferred;
Foreign Securities

S Freight Co
U S Gypsum Co

7%
U

8

pi

cominon

Maeh

—4

20% <*2074
14%
1474

20%

20%

42

4474

83%

8374

■

32%

32 %

5074

105

100

*14774
1174

105

106

*14774

150 %
11 =

11%

8

34

Jan

20

10% Jan

7

12

41% Feb

4

-

36% Mar

2

14'% Apr 17
44% May 28

v

5%

class A preference

U 8 'Industries 'Inc

.common

4%% -preferred series A

1—50
1
50

35

11%
*43

.35
11

44

•

%

*34%

700

21=4

34,400

17%

1%

8,100

52

5174

5274

31

31

31

3174

1,110

44%

4374

44.

44

45

7.100

8374

8274

83

3374

32=4

5174

5074"

174

32%

50%

"

51=b

20=4

*82

50%

common..82V2O

eferred

Hoffman

—100
—1
No par

x307'e

52

52

14%

•

-

207%

17%

17%

149
11 = 8

36

*

3374

32%

3,700

507%

50*4

56=4

4,800

105

108

107

110

149

149

1174

1174

4374

43%

.

11,600

149

11

*35

1174
'43

40

837%

11148

106 74

5,300

*83 •
32%

11%
'

29

24.

46,400

3574
52

52

Alar 30

12% Jan 29

9,800

357%

34%

174

27

8

25

2274

347b

•3574

5174

U B &

8% Apr 22

21%

17-4

U

95% Jan

36%

•

34%

52=o

14

147% Jun

36%
22

337%

174

6% " preferred—

1,000

2178

20%

U S Borax & Chemical Corp com—1

6,800

97b
3674

874

3674

5274

■

200

63

34%

X5174

1474

1,900

787%

777%
*62

974

20

36%

,

2074

5274

.«

21=b

1
1

common..

2

"90

32%

77

25

Alach

...

62

Shoe

26

17

1,100

767%
62

United

21

Dec

3274

.

32 Va

327%

767%
62 74

7674

20

Apr

171% May 23
16% Sep
2
41% Sep
2

3374

*61

10

Jan

102

.-

32=4

7774

6174

Corp——
Corp—
United Alerch & Mfrs.Inc
i
United Park city"Alines Co-

Jan

14

Sep 23

32%

-94

*91

76

Industrial

35

65% Jan

3274

Greenfield

58

.

92 7%

United

30% Apr 28
42% May 6

6

92*4

United

85

11

907%-

34%

16

37.% Oct

7,300

90%

26=4
.,94 »,

35

31% Jun

2

2G*%

3474

4

34

2774

Corp
10
United Gas Improvement Co—_13'/a

6

34'% Mar.

26%

367%

30

51% Apr

26%

337%

38% Feb

3

2574

21%

30% Jun

2
2% Mar 10'

53% Jun

8,000

25%

34

2

21% July

2,000

31=4

25n

36=4

2

57% Dec

;Jan

-

97

31

21=4

7

2

25

1

16

96

317%

3274

1*2 Jan

2

2

17

96

31

3674

16% Jan

21% Jan

6% Jan

17% Feb

96

3174.

125

1
;;

120

125

96%

31

21%

Co

*110

*106

96

*107

_5

45% Jan

Jan

17,600

9774

No par

90

-

30,100

5274

31%

125

Foundry-—5

21

2% Oct
-

26% Jan

153

20% July

Electric Coal.jCos_

United Fruit

47% Dec 22
37% May 20
48% Jan. 8

~

2

Jan'

17% Dec

3

Jan

1,600

41%'

3<»8

6174

Gas

13 Jan

.

97/4

*106

.5

No par

(Del)

<Del)—_s..

29

10% Jan

...

337%

2374

America—No par

33% Jun

32

-

33%

23

Corp-i—,

12

16% Oct

_

9,400

227b

33%

23

1955) conv pfd—100

109% Mar 26

9

50% Aug 28

11% May IS
5% Jan
2

3474

22%

33%

2274

(ser of 1956) conv pfd

5

11% Jan

'••34%: Jan

9,900

3374

'

33! 4

:

4%

Jun

34% Jan
<

874

8*4
'

_fl

CO

22% Jun

15

34% Nov 21

27 % Jan

8

No par

Tank Car Co...

24% Feb

Dec 29

8% Nov

Union

4

9G

100% Mar 12

10

45

36

-

37

6

25% Feb

874

8

'

27% Dec

27% Nov 26

37% Jan

17

30% Jan

Aug

2

-preferred—10

26

51% Jun 30
117'% Jun
2

Aug

91

.15% Jan

non-cum

■

?3% Feb

69% Aug

-in

4%

20=8 Jun

6

33% Nov

-52% Jan

26

357%
117%
45

1174

10%
*35

11%
*43

.

357%

12%
45

10
19.600
.

100

20,500
100

23

24

The Commercial and Financial Chronicle

(68)

.

.

.

Monday, July C, 1959

NEW YORK STOCK EXCHANGE STOCK RECORD
STOCKS

Range for Previous
lear 1958

Highest

Lowest

2

Jan

06

29

Jan

21

Jan 22

Sep

15

82

Jan

88

18

Nov

104% Jun

30

3

41 Va Oct

,

3

29% Jan

2

19

130% May 18
67% July 2.:,
154

33% Jan

19

43

54% Feb

4

32% Jun

Jan

10

2

85% Jan

8

8% Jan

2

6

Dec 10

57

29% Feb

17

84

Jan

16

9

48% Jan

7

Jun

9

36% Feb

18

46% July

1*
26.

....

7

13% Jan

2

24% Aug 27

21% Jan

2

36

22% Jan

10

•

14% Sep 29

Apr

45% Jan

17

»

Dec
Dee

97

11

Jan

Jhij

12% Apr
28V* Apr

36% Dec

3

85

May

8

28% Feb
78'
July

2

22

Oct

2

19%' Jan

2

101

Oct

14

82% Jan

2

107

40% Dec 17

33% Jun

9

26% Jan

8

113

Aug 29

May 20

24 J

5)0Vis July

17

83% Dec 30

99Vis Apr
8
95
May 13

24 Va Apr

7

42% Nov 20

11

Jan

2

13% Dec

9% Jan

2

17% Oct 29

14V! Jan 20

18% Oct 30

82

Dec

85% Dec

1

9

74

Jan

3

89

Jan

13

97

Dec

'

Nov 13

84

9

39% Mar

Oct

50

5

10

16% Feb

4

47

12 V! Feb

Apr 25
11% Deo
4

48

Dec

31

34% Jan

2

25

2

Nov

19% Mar

7

1% Jan

3

9 %

40V! Jan

9

6

2'5 Vi Jan

12

48% May
4
31% Feb 24

4% Deo

1

3% Jan 21

0

34

15V! Jan

247b Oct

13

2

4

13

35% Dec 22

6

105

Sep 23
83V! Dec 17
31% Feb 28

94

May 20
99% Jun 11

86

May 13
14% Jan
2
48 V! Jan

63

9

f2
2

Jan

Nov

23% Jan
97 V! Jun

16

33% Dec 29

55% Jun 24
83

Aug

8

Dec

11

74 V!

100

4Vaft

91

28

31

70 V! Feb

9

92 % Apr
Jan

21

04

9

7

110

Feb

July

Jun

24

1

112

Feb

54% Dec 31

52 V!

7

63

6

96

10

92% Jan

2

16% Feb

21

31% Dec 30

29% Jan

21

08

Jail

26

28

39

22

67% Mar 30
41V! July 2
40% Mar 30

Dec

Jan

7

,91% Jan

2

4% Jan

2

8% Oct

9

23 V* Nov

5

25 V! July

1

6

38

Nov

487a

Nov" 20

.

32% Jun

100

Sep"~5

Jan

13

10

1$7a Jan 30

33 V! Dec

53V! Mar 20.
58% July
2
102V! Mar 11

7

Jan

7

13% May 22

24% Jan

7

28

Jan

Apr 24

36

Jan

6

48

Apr 13

32% Jan

6

2

85 V! July 10

78

July

2

20% Dec 30

197a May
6% Jan

4

Jan

4

1

,40

8V* Nov 17
49V* Nov 18

39% Jun

17

45% Jan

2

2

37 V* Dec

35% Jun

19

40 V! Jan

23

120% Dec

9

20 V! Jan

7

25% Dec 29

23 V

21'/* Jan

2

32 V* Oct

14

36% Jan

2

53% Dec 31

53V!Jan

2

45 V* Feb

27

74

Dec

70V! Jan

8

30V* Jan
78% Jan

2

97

Jun

5

89

2

94% Feb

2

90% Nov

13

8

91

4% Jan

2

23% Apr 16
25% Feb 25
68 V! Jan

2

16

9

Apr

31

Jun

22

30V* Jan

9

22

14

*

Jan

83 Va Jam

11% Oct 22

129

01

29V! Feb

10

31V! Feb

9

114ViJan

7

22%

Defl 30

20Vi Jan 28

6ft

17Vn

17

17 V

13 V

13%

13%'

Air

<09

88

89 V!

Jun

25% Jun 24

l.BOii

26 V!

26 V!

20

26 Vu

3,800
27,400

57%

50%

57 V!

48

48 V!

*49%

49V*

900

4£V*

44 V

44 V!

44

44%

44 V*

3.400

43 V*

43 V!

44

*43 V!

44

44

44

31

30 V*

30V!

*

30%

30 V!

30%

31

6%

8Va

0%

7%

32 V!

32 V!

33

47%

47 V!

*47

48

38%

*36

27%

45

7%

.

07

32%
47%

*36
19

19 V!

*36

37%

34 Va

91%

*85 V!

88

'85

44%
35%

18 V!

19

35 Va

35%

91

91

8,7

48%
97%

34V 3

34 V!

35

30%

30%

31%

31%
.9<)

89%

87 V!

88%

87%

90

93 V!

90

^7%
«V

<!8V«

93%

93 V!

77%

60

%M)

33%

91s!*
85%

85%

*110

38V!

80%

80

80 V

37%

37%

33 V!

32,100

33 Va

34%

33 Vi

34V«

•15,601

95 V

28,700

5)4%

94V a

85 Vi-

85%

llO

115

37 V!

61%

37%

*74

78

*74

42%

*42 V*

43

*85%

42

63

5)7 Vi

97 V!

38 Vi

38;!»

56%

50

41V!

100

100%

11%

11%

*27 V*

.

57%

*27 V!

130

8,700

11%
28

46 V!

*46

48

47

47

47 V!

25

25

Vi

2SVi

25 Vi

24 Vi

24%

43 V*

42%

43%

41V!

42>

41 Vi

41 Vi

39% A

39 V*

39%

59 Vi

39%

39 V!

40

78 V!

78!

78

73

*21

;

'

47%

25%

'4O0'

23

80

*78 Va

80

23

*21

23

~8%

8%

8%
•41s!*
36 V!

36%

*121%
25

124%

•121V!

124 V!

*121V!

25%

25%

25%

25 Vi

32V!
54%
76
*91

32%

32 V!

33

33

55 V*

55 V!

55

76%

75%
*91

92
88 V!

.

.

11%

36%
47V*

42

a

23

*21

8%

i,

I.06G
14,000

58V!
100%

llVa

ir%
28

8.20C

a

42

100 V!

57%

100%

39 V

220

78

*74

78

42%

55 V!

28

10

62V!

*'99 V!

11%

4C-C

19,900

62 V!

56

*27 Vi

2

86%
115

*110

100

11%

a

97 V!

*96

70

94V!

95 Vi'

85%
110

60 V!

96 V!

28

12,800

79 V!

37 V!

97

93 V!

37

60%
96 V!

61%

10
3,800

89 V!

34%

1

'91%

4.8U0

99

37 V!

36%

115

5.800

*

33%

79%

77

37

24%

100

Youngstown Steel Door

10

35 V!

35

99

41%

36 V!

20

6.500

48%
98'

*97

35;!ii
33 Vi

99

*97 V!

99

36 V!

46%

47V!

~

8%

S

140

88

97 V*

36%

10

10.200

v|T

88

*85 V!

47 V!

41 Vi

58.
11%

•85%

98

1

•

88

87

10

10

2,700

19V!

46%

3? 97

97%

38%
*78

10c

■...■610

.

*91V!

*85.V!

87

44Va

40C

33

35 Vi

92%

87

700

300
125.300

7%

7

19 Vi

35%

*91V!

V!

91%

19 V:;

34 V*

21

10

32 V*

37%

42 V*

par

j

47 Vi

32 V!
40

10%

No par

Yale <3c Towne Mrg Co—
Young Spring & Wire Corp
Youngstown Sheet & Tube

18

427;..

*

*27V*
*45 V!
25%

-5

Worthlhgton Corp common
—10
Prior preferred 4V! ft series—*90
Wrlgley (Wm) Jr (Del)
-No vJr
Wyandotte Worsted Co

38 Va July
2
49% Jun 24

41%

56%

100

10

25

43%

5 6%

*97%
88%
90
77V*
36%
23%
!,1
85%
*110
60V!
96
37
'74
42%
55

10

1

4,100

42 Va

48%

24%
30%

WoolwOrth (F W) Co

2

9 V!

48

44%
97%

Woodward Iron Co

26

9%

26%

' 85

100

Corp

50

9 V!

55 V!

'36
19%
34
51V!
07

10

Service

4,860

91

*88%

91

56 %

■ : 2

5

preferred

1,200
45,700

HOLIDAY

26%
*

'47

J

:

a

9Vo

44 Vi
26%

43 V*

a

*38

10

9%

.

44%

0%

100

No

1.800

EXTRA
■

92

9%

1,0 or

u

<30%

.

5

Co

*36%

a

*48V*
44V*
43 V*

4

Brake'

*

' i-

49

x26%
55%

1

Wisconsin

Jan

133% Jun

—

51V

9%
44 V*

1

preferred

Public

;-;3C
2,200

13 V*

6

15

12% Feb

17

i6Va

13 V*

9

36% Mar

36 Vi Aug 26
119V! Oct 13

a

13 Va

Wisconsin Elec Power Co com:

Mar 25

59 V* Jan

13

33% Nov

Mar 18

27V! Jan

9% Jan

16 V

13V*

50

—

2

Jan

16

13

6

Wllson?Jones Co
Windsor Industries Inc
Winn-Dixie Stores Inc

8

121

15%

1

Pharmaceutical

Wilson :& Co Inc common
$4.25 preferred

Jan

Mar 25

37

.

51V a

37

5

Jan

317b Jan

135

50Va

37

1

2
Mar 31
20

CLOSED

1

EXCHANGE

17%

51

Machine common—1
preference
20
$3 convertible preferred
50
White Stores Inc
1

July

•;STOCK

7'OV-b

:w%

preferred

Wilcox-Oil

70

17 V

51

Corp

27

2

20
I 4'J.

70 V!

'69

70

*69

\

Prior

26 V* Jan

22

95%
100

37

:

88

V

? 200

19%

95%
*99

96
100

5,300

18%

19Vis

~

51 Vi

White Sewing

23

Apr 24
51V! Mar 11

5

20C

51 V!

preferred

5Vift

29

Jun^

10

7,806

12V*

*12
18

7,000
<->xr

37

.$5 preferred
No par
Whirlpool Corp common
5
4V*% convertible preferred
80
White Pental Mfg (The S S)
20
White Motor Co common
•.
l

2

May 26

15

12% July 31

71

Vu July

Jun

39 V!

.

19%

.*95Vis
100

!

37
15%

preferred series B
100
Wheeling & Lake Erie Ry
-—100
Wheeling Steel Corp common
10

10

97

25

30

Jun

78

49% Oct 21

.

70

10c

17
50%

3.80ft

98% Mar 13

56

[

7

83 V! Jan

May

100

'

3.000

No par
-2.50

Westinghouse Electric common-12%

11

33 V* Apr

Nov

90

100

34.600

17

10

Westin&house

97V! Jun
1 88.V* Jan 29

.

»95*'a"

eoc

3,500

84% 35%
103%' 103%
"80% 83 .
*85%
87
*82
83%
50V* 51

13Vh

1.9%

;

1,400

VTJiOC

70 V*

preferred
—100
Western MarylancLRy com—No par
4ft non.cum 2ncm)ieferred
100
Westerh Pacific RlRTNo par
Western Union Telegraph
.2.50

81
May 5
39% Mar 12
38V! Mar 18

8

Jan

95%

.177a

19%

100%

32
98

31%
34V!
103
103%
*80%
83
*85%
87
83
83
50
50Vis
J2VV 12V*

18%

19%

79

'4-,000

17

4.80ft

94V! Apr 24

2

09% Jan

29% Jan

17%.

19%

49%

79

11,700

69%

Western Air Lines Inc
Western Auto Supply Co com

Mar 23

7

74 V! Dec

125

5

Mar 31

2

May

02 V! Jan

32

17

Apr 14
33V* July
1

17

46%

4.300

40%
38%
19%
10%
25
25%
33%
34V*
5%
5%
131% 134%
49%
51%
78
78
32
32%
*95%
98

17

\West Penn Electric Co

38

8

10

13

Apr

6

50% Jan

7

,

17

25%
34

i;30C

45%
37%

69 V!

West Penn Power 4%ft pfd
100
4.20ft preferred series B
100
4.10ft preferred series C
100
West Va Pulp & Paper common
5

13

May

101

2

11%

37%

69

West Indies Sugar Corp
West Kentucky Coal Co

5

Apr

90

26

Feb

34% Dec

110

91

46%'

17

Co

4.80ft

Apr 29

102

Jun

71V! Nov 20

Jan

2
10

42

86

17% Jan

Jun

03 V!
96

Dec

May

79% Dec 31

42 V! Jan

July

06

'

69 V!

—

21% Jan 21

19

7

69

Wayne Knitting Mills
5
Welbllt Corp
1
Wesson Oil & Snowdrift com—2.50

30% Apr 24-

Jun

21%

17 %

Waukesha Motor Co—

16% May 12
91

31%

69 V1

No par
Washington Water Power——No par

33

6
28 V* Dec 31

100

13

50

56% Jan

19

19

103

24% Dec

12

Janl

15

Jun

Jun

' ;' 20
' 17,500

69

—Washington Gas Light Co

4
12

8% Jun 30
36% Mar 9

May 22
May 8

51

4

19 V*

"

54V! May

31V* May 25
46% Jun 12

Mar

94V! Nov

Warner-Lambert

9

July 28

96% Mar

Warner

1

36 V! Feb

35% Oct

;

97

18%

<08

preferred
Industries

7

267a Nov

25% Jan

_

28% Apr
57% July

41% Jun

65

12V*

'94%
100

Warner Bros Pictures Inc

12

5

49 V*

,

44%

100

6ft

44% Deo 31

10

74%

43%

__10

Ward

12

15

84
50

■

J9V'a

-No par

■_

& W_

a

20

19

Jan

95 V* Oct

Feb

40

50% Dec 22

28%

74%

68 V*

—

47% Jun

—

'82'%
49
*12
18%

-100
16

preferred

Co_
:
Ward Baking Co common

Jun

-

83 Vis
87

*80Vis
*85%

3,200

28%

32
■95%

34%
34%
102% 103
*80Vis
83%
*85%
87
*82%
83%
49%
50
*12'
12%

35%

34%

100

Walworth

20

47 V 4 Jun

-

*95%

1

.97

97

*102% 103

28%

2,200

V
50
4 33,.400

21%

43%
32 •

81%
31%

31%.

20%

75

45%

79

*

•■"

151

151

5%
6
130% 134%

6

100

11 Vi Mar 20

8.

44 V* Jan

23

Walker (Illram)

94

24 V! May 12
48

11

16% Fob

May 21

24% Jan

16

2

10V! May 19

6

'

130

8—

-

38-% Jun

12% May 19
87 V! Jan 16

95

34% Jan

May 11

33% Mar 30

147a Dec 22

26 Va Dec

55 V!

33'}*

81%

>:49V*

25 V!
'33%

25%

33%

46%

13.00C

47%
50%

w

%

Feb

7

24%

34

-100

Wagnef Electric Corp
Waldorf System
Walgreen Co

Nov

25

44%

4,100

9%
80

45%

42%
31%

37
11

G%

100

preferred

74% May 12
21
Apr 21

36

Jan

6%ft

11

2

16% Jan 30 *

—

9

10%

123%
4.4%

—

17
9

36%

11 Va

33%

100

com-

36%

11

25

$4.12 preferred
100
Virginian Ry Co common:
10
6ft
preferred
10
Vulcan Materials Co common
1
8% convertible preferred
i
165%ft preferred
—100

2

2

51

8

17
10

103% Feb

preferred

-

96% Feb 20

2

par tic

14 V! Jan

2

26%

6%

*18

21%

*74

—.

129%

260'

1,100

8%
19%

9

31%

128

3,600

8%
96

8%

10%

31%

*79

ioo
i2,occ

45-%
30%

32

•••:31%'*; 32'

7

1

*90C

28%

31%

5

2,500

'

7,0C0

20%

44%

.,,,,6

83 s
96

8%

*79

75%
43%

common

Virginia Elec & Pwr Co
$5 preferred$4.04 preferred—
$4.20 preferred—

23

21% Mar

div

46% Feb

15

Apr

Oft

.

28%

—

20

25% Jan

3

Victor Chemical Works

HOLIDAY

9%

21

*744.2%

*-

EXTRA

8%

19%. .>■"

9%

..

*28%

.

35%

*79
80
45
46%
50%J 51%
351
151

9%
80
45
50
153

75%

1

CLOSED

24%

'34%

00,90'.:

EXCHANGE

144%

24 V*

*18

43%

—5

103%

142%

19%

28%

.

1,700

101%

-

300

3.400

STOCK

50*%

97

8%

*74

2.00

Wabasli RR 4Vaft

27% Jan

July 17

Co.

39%
34

95

8%

*28%

America

76% Mar 11

14
Dec
1

11'/a Aug 29
84
Jan 13

oi

15

15 V* Nov

11 7b

oorp

'

'"•■

15

1

100
~1

-

39%
33%
50%

15

20%

corn

V

14%

21%

-

Apr

8

12 V! Jan

Inc

1,260

149

147i
8%

20%

Vertientes-Cainaguey Sugar Co—6%

4

c

67

72% Feb 24

GOV! May 20
,33% Jan
2

Co

•

38.7C(

67%

66%
146

38%

9
*79
43%
49%
*151

1 52

122

*114

37%

—..1

Co

Vanadium-Alloys Steel

Mar 20

108
Jan
86%Mar
91% Mar
87% Mar
51
July
13% Mar
20% Mar

99V2 Jun
9
82Vis Jun 19
84% May 18
82
Jun 24
36% Jan
2
12
Jan. 16
16Va Jan
2\
~ 18Va Jan 27
87% Jan
2
'JO1!- Jan

30

Products

Van Norman Industries Inc com.2.50
$2.28 conv preferred
5
Van Raalte Co Jnc
.
HO.

81% Mar 18
.35% May 25

101

50

"152

3%ft preferred
„
-100
Va-CarolJna Chemical com—No par

2

17

43%

1
100

14.C0C

100

37%

*18

.

ICC

50%

49%

*88%

95%
8%

x8%

"

104%

37%

15

8%
95%

»%'
97

'*79

Vick Chemical Co

o

°14%

8%

11% Jail
5
145% May 15
51% July 2

9

14%

corn-No par

preferred

Vnimomiu

37%

35
37%

95

Utah Power & Light Co——12.80

2

3

75% NOV

•

4Vift

Upjohn Co

17

23% Jan
Jan

Tobacco

preferred

Universal Pictures

2

36% Apr

2

31% Jan. 5
5% Jun 30
84

42

77% Feb
13

9
80
43%
50%

Universal Oil

8

11% Aug 27

7

9

8ft

Feb

40V! Get

35
38%

20%

Universal Leaf

Jun

,—45% July 2
14
34% May 7
9% Jan ,2

-

—

24%

*19

Universal-Cyclops Steel Corp—

16

Apr 10
3
25% Apr

2

24%

14%

Corp common—30?
$3.50 convertible preferred
100

33
51
100%

ICC

V

.

18,100

26%

104%

39%
39%
32%
33%
50%
50%
419% 101%
142% 143
24%
24V!
*34%
35%

40

24%

26

64%
66%
145% 147

-

35%

35%

United Whclan

2

57% Jan

2

Jun"

9%

100
122

*116

122

99%
142% 142%

9%

157

1

50%

51

106%

24%

14

47% July

Mar 30

5 Vis Jan

27 %

2,700

32%

*8%

50%

50

*88%

65%

32%

9

May 20

31

Dec 24

37

2

32%

104%.

"104

90

*39%

*35

12% Jan

40

24% Jan

common-—No par

Co

noncumulatlve

24

72

66.

50%

Feb

20% Apr 29
27% Jan 28

28% Nov 28
Nov 26

.18% May 12
57
Sep
4

Shares

July 3

July 2

9%
26%

.9%
25%

50%

63

40
.32%

99%

9%
26%'
104%

145% 146%

141%-142%"

—100

;

—

63%
145:%

<0
32%

United Wallpaper Inc common
1
Class B 2nd preferred——<—14

81

July

5

10% Feb 25

•

6

46

preferred

119

62%
145

preferred—25
U S Vitamin & Pharmaceutical
1
United Stockyards Corp
1
United Stores $4.20 noncu 2nd pfd_5
$6 convertible preferred—No par

30

Mar

100

21

151

Nov 12

7ft

15% Mar 16

2

34% Mar 24

39% Dec 29
157

3

17% Jan

8% Jan
2
70% Apr 23

'

6

NOV

Jan

17% Jan

Nov 13

10% Nov

19% May 1
32% Feb 14
Jan

10

78

6

74% Jan 22

142

26

14% Feb .26

17

July 21

4% Jan

50% Mar 12

7

the Week

Friday

Thursday

32%

32%

32%

49%
*88%
*110

100

»il4

5

104

48%

46%

*88'%

„

U S Tobacco

9

9% Oct 30

-8

5% Jan

7ft

21

37% Feb

Mar

90% Dec

8

68% Jan
13

26% Jan

24

15% Deo~24
7% Oct 24

2

V! July

5

8

34% Jun 25

16

38% May 16

Sep 25

104%

.

28

Jan

15-3

*8%
25%

9%'

104%

U S Smelting

2

,103% July

7
10

34% Jun

35

32%

25%

Corp
*—
:1
Ref & Min com
50
7%
preferred
—50
U S Steel Corp common
16%

24

Jun

*8%
24%

1st preferred-—100

non-cum

U S Shoe

38% Feb

88% May

U S Rubber Co common
8ft

Mar 11

7

141

32%

32%

10
5
—10
U S Plywood Corp common
1
.3%% preferred series A_.——100
3%% preferred series B—.—100

3

Apr

50% Jun 23

97% Dec 30
158% Jun 12

3

Jun

17

May

j.—1

common.

preferred
Pipe & Foundry Co
U S Playing Card Co

58% May 18
99

100% Jan
6
45% Feb 10

53% July 29

51% Jan 13

143% Oct

2
9

31

Co

Sales far

PRICES

July 1

■

143% Jun

14

S Lines

SALE

Wednesday

June 80

June 29

U S

Jan

76

48% NOV 18
154
Jan 22
36% NOV 11

U

AND HIGH

Tuesday

Monday

Pqf

4%%

41% Jan

:

31% Apr. 7
140
Apr 14
..Jan
2
Jan
2
_,jJan

26

8% Jan

43% Nov 21
80% Mar 14
108
Dec
1

5

73

_

Jan

24% Jun

95

2

26 % Mar

20

10

28% NOV 20

8% Dec 30
18% Jan

35% Apr

30% Jan

~

EXCHANGE

Highest
2
2
18

6
a% Jun 17

32% Nov

2

23V! Jan

LOW

NEW l'OKK STOCK

Range Since Jan. 1
Lowest

42 V!

42
36 V!

20C

5,200

37

•

9,000

,7,100

92.

(

124%

25%

25 V!

25V!

33%

33 V!

33 7 a

2,300

55 V a

54 V!

55%

12,900

75

^55-%

•121V!

76

75

73%

.3,000

*91

92

<91

91V!

123

88

88 V!

88 V!

11%

114*

10%

11%

44Vi'

.

42%

36%

88

36 V!

SV!

8V«

42%
.

22,700

9

26 V!

•

700

1.90C

367i:

46Vi

No par

130

131 Vi

129'/*

130V«

No par

25

25 Vi

24V!

25%

37
44
128 %

25

37V*
45

130 V!
25%

."

37Vi

11'a

37%
44 V!

/

11,000

38 V!

44%
132

130

4,400

l.OO'c

88%

10%

•

25 V i

25%

125%

127 V!

,2,560.
11,800
4.600

Z
32% May 21

_

x

n-amdend.

pr'C€8»
y Ex-rights,




no

sales

on

this

z Ex-dlstrlbutlon.

136V* Jun

day.

fin

125

Zenith Radio Corp.

4

receivership
;

or
.

petition

has

been

filed

for

the

126%

companya

125

129%

reorganization,

126% 128%

a

Deferred

delivery.

rCash sale.

2J.CJ0

wdWPen dlstrttutel.

Number 5861

190

Volume

.

.

The Commercial and

.

Bond

Financial Chronicle

Record

(69)

New York Stock

««
FRIDAY

•

The

italic

letters

In

the

calumn

headed

WEEKLY

-

Period"

"Interest

Indicate.in

Exchange

YEARLY

-

each

the

case

month

bonds

the

when

mature.

Figures after decimal point represent one or more 32nas of a point

LOW

Kangc for ^Previous
Year 1958

Range Since Jan.
Highest

Lowest

202.14 Nov

-

102.14 Nov

5

Lowest

GOVERNMENT BONDS
NEW YORK STOCK

l

Highest

5

Treasury
Treasury
Treasury
Treasury

1

4s

Low

High

HIGH SALE

High

98.26

*97.16

PRICES

Wednesday
July 1
Low
High

June 80

*98.18

11969

_Feb

*98.14

98.22

*98.12

Thursday
July 2
Low
*98.0
*97

97.8

96.8

*95.24

96

97.20

*97.8

96.14

*96.4

96.12

*96

89.8

*88.30

89.6

*88.26

89.2

15 1978-1983

Jun
_

*97.12'.

*96.6

*89

*87.10

87.18

*87.6

87.14

*87.2

87.10

*86.30

87.6

May 15 1985

3 Vis

*87.8

87.16

*87.4

87.12

*87

87.8

*86.28

87.4

*93.28

94

*93.26

93.30

*93.24

93.28

*93.22

93.26

—..Feb

11980
15 1990'

15 1964
15

.

v

.

~

*88.22

88.30

92.6

*Q9

*83.26

84.2

*83.22

83.30

*83.18

83.26

*83.12

83.20

*96.14

96.18

*96.14

96.18

*96.12

96.16

*96.10

96.14

*97.16

Aug 15 *96<L,
Feb

97.24

*92.2

19^5

Sep 15 1961.
15 19G0-1965

Dec

92.4

*97.16

*91.30

97.24

92.2

*97.16

*91.28

97.24

92

*97.12

97.20

Feb

15 1965

*90.26

90.30

*90.24

90.28

*90.22

90.26

*90.20

90.24

Nov

Jun

15 19G1

*95.14

95.18

*95.14

95.18

*95.12

95.16

*95.10

95.14

19G2-19G7

$87.28

88.4

*87.24

88

*87.18

87.26

15

94

Jan

29

85.4

Jan

20

85.4

Jan

*92.12

92.16

*92.12

92.16

*92.10

92.14

15 1963-1968

*85.30

86.6

*85.26

86.2

*85.18

85.26

*85 10

85.18

Jun

15 1964-1969

*84.30

85.6

*84.26

85.2

*84.20

84.28

*84.10

Treasury 2%s

29

87.18

92.18,

Dec

Treasury 2%s

Jan

*87.10

*92.14

Treasury 2 %s

*4

84.18

Dec

15 1964-1969

*84.16

84.24

*84.12

84.20

*84.4

84.12

Treasury
Treasury
Treasury
Treasury
Treasury

2 Viis

*83.28

Man 15 1965-1970

*84.4

84.12

*84

84.8

*83.24

84

2%s

*83.16

Mar 15 1966-1971

83.24

*33.28

84.4

*83.24

84

*83.18

83.26

*83.12

83.20

2'/as
2%s
21 as
Treasury 2 'As
Treasury 2 Vis

20

Aug 15 1963

—Jun

International

,

1287

t

84.4

15 1967-1972

*83.16

83.24

*83.16

83.24

83.14

Sep

STOCK

15 1967-1972

*82.26

83.2

*82.24

83

*82.18

82.26

*82.16

82.24

/Dec

15 1967-1972

EXCHANGE

*83.16

83.24

*83.16

83.24

*83.8

83.16

*83.8

83.16

Jun

15 1959-1962

CLOSED

*93.30

94.2

*93.28

94

*93.28

94

*93.24

93.23

Dec

15 1959-1962

Treasury 2 %s

fNov
Bank

Reconstruction

83.16

*83.6

*93

93.4

«n"i

93.4

*93

93.4

*92.28

93

*97.24

15 I960

97.26

*97.24

97.26

*97.23

97.25

*97.20

97.22

*98.16

99.16

*98

99

for
&

-*83.8

Development

EXTRA

4%s

208.16 Feb

24

105.16 Feb 24
101.24 Feb

£6.15Sep 16
103.8 Apr 23

—

103.8

6

Apr 23

------

—

£8.16 July 22

99.8

Jun

I

93.16 May 20
96
Jan
7

—
„

~~

—

2

,

06

Jan

99.16

*98.16

99.16

*'98.16

99.16

1973

*97:10

98.16

*98

99

1

1977

*98 v

99.

*98

99

*97.16
*97.16

98.16

May

1

1978

*93.16

94.16

*93.1G

94.16

*93.16

94.16

*93.16

Jan

15

1979

*93.16

94.16

*93.16

94.16

*93.16

94.16

*93.16

94.16

^92; 16

93.16

*92.16

93.16

*92.8

93.8

*92.16

*90.16

92

*91

92.8

*90.16

92

.*89.16

91

*89.16

91

*89.16

91

89

*87

3%S„

*98.16

May 15 1968'

! 3

__

%s—
3'/aS-

Jan

l

1969

*90.16

92

Oct

15

1971

*89.16

91

May 15
£1

July

9

42.16 Feb

95

Jun

13

92.16 Feb

14

14

HIIII

__

83

Jiui

II

2

83

Jun

—

3'As-

~2

3s

1975

*87

Oct

1

I960

*99.16

Oct

13'.4«2

IIIIII

1

1981

*80.16

84

1972

bonds

15

1976
1959

89

*99

1

*80.16

mis Issue ha. not

Thllrc,

.

Ihursday

BONDS
New York Stock

Perlnfl

Exchange

New York

lenod

iast

a.

Feb

15

1960

*98.16

Feb

15

1961

*96.16

2s

.UM price. No sale,
traps,cted thl. d.y.

Feb

15

1962

*94

Low

City

Sold
No.

Low

3%

Corporate Stock

85 li!

8512

86'/a

27

8G

fc

*98.16

99.16

*98.16

99.16

*96.16

97.16

*96.18

97.16

95

*94

95

*94

95

3

series

No.

series

NO.

3%s

scries

No.

3%s

series

No.

3%s« series
series

3:!is

series

3%s

Members New York

REctor 2-2300

120

Foreign Government

sinking funds 7s 1st
sec

3u-ycar 3s

'

-3%3

103%

—-

.

—

3rd ser

1957—April-Ocf

1978—

Jan-July
-.June-Dec

4%s

--

*49%

—

50

—

91%

1973

—

92%

7

90%

94

91%

5

90%

5

96%

98%

89%

89%

90

96 %

96%

96'2

98%
100%

98%
101

25
9

98%

95%

■

—__Jari-July

State)

CIAs

1945

*80

—

5%s

external

loan

April-Oct

extl loan 4s

82

I

1972

_Mar-Sepf

(City of) 6s 1958
§A6%a external loan 1950
47/as debt adj ser A 1970
4%s debt adj ser B 1978

June-Dec

.April-Oct
a_AprfZ-Oct

of)

externa]

8s

1941

reduced to

AExternal

3.5%
f

s

June-Dec

97%

14

95

—

of

June-Dec

1926

due

101

1957

101

s

Stamped
IA7s

89

98%

107

90%

15

99%

—

99%

3

107

—

April-Oct

of

1927

Ry

due

107

to

A

1979

*94%

1957

to

88

—

*117

73%

97

r\

105

109

A

--

3.375%)

'

180%

94

►s.—

%

98

94

98

141

—

88 ~-"

141

3s ext

fACosla

li

82%

1979

April-Ocf

bonds

--

74%

Cuba

2

71%

*
—

Rica

74%

1

71%

77

—

—

CO CO

CO wH

88

3'/2s external
3s

extl

73%

2

70

76%

lAFrankfort

1

33/4S

98

No.

2

99

June-Dec

♦98

97%

98

3

June-Dec

No.

4

June-Dec

No.

No.

5

June-Dec

3%s series

No.

7

33/4S scries

No.

8—.

For footnotes

see




page 29.

--

*98
—

—

*96%
—

97

*97

98

1

—-

—

98

97

*98
98

—June-Dec

June-Dec

1993—

3s

88%

89%

*45%
*88%
*88 3

89%
—

89%
1C

46

89%

89%

88%

89%

*45%
4

—

*45%
*88%
*45%

—

—

—•

--

—

—

61

43%

46

88

*88%

89%

*45%
45 7 a

45%

*45%
*45%

1961
Aprif-Oct
-r-—April-Oct

*88%

*88%

fund

.

6s

1961-

Municipal
1960

98

97

98

45 7 u

Mar-Sept

1960

♦88%

*45%

„

—

•—

—

87

87%

—

45%

45%

—

—

—

46
„

46

87

*45%

Mar-Sept

7s
-.

(Republic of)

88%

—

*6

*93%

*6

of)

April-Ocf

external
3s 1978

4%s

(Dept

of)

9

CZ

---

~7

91

94%

129%
62%

*46%

May-Nou

1951

7s

65

1077—June-Dec
>—Jan-July

90

due 1972

1953

s

65

80

*49%

97

97

on

5%$

dollar

Main

bonds

1

7s

63

13

129%

57%

63%

—

65

61%

90
-50

i

ii-* ^cin
>

66%

105%

80

49%

53

conv

4s

&

48

6'/2s

fund

Conversion

dollar bonds

48

99

56

'

103%

84

84

4

82

84

Jan-July

77 3a

80

4

77%

80

*15%

—

♦90

99%

*108%
*94%

April-Oct
,

due

204%
95

1924

April-Oct

1969

204%
93

May-Nov
loan of

1953

^

~

May-Nov

1953

issue

99%

45

50

99

99%

Jan-July

1976

1967

of)

>^.35 dollar bonds 1972
10Sy*j#a§&lds of 1936—
3s

to
April-Oct
Fcb-Aug

f dollar bonds Jan 1 1976_Jan-July

47/Ps sinking fund 1973
(Fed Rep of)-^Ext

Prussian

m

—

•45%

May-Nov

1962——

U*rman

series

46

June-Dec

(Republic

98

series

89%

45

*45%

April-Oct
—May-Nov
May-Nov
June-Dec

1963

53

8*

*88%

1961—Mar-Sept
—
Mar-Sept
1962-i
.—April-Ocf

f dollar bonds Jan

s

73%

(Plan B)-^-

3%s series

49%-

*88%

Sept

6s

extended

98

3%s

50

Fcb-Aug

(State)—
assented (Interest reduced
to 1960Denmark (Kingdom of) 5'/2s 1974—,
El Salvador (Republic of)—
6%)

June-Dec

3%a

50

*45%

Czechoslovakia

'

1

series

86

sinking fund 6s 1962—May-Nov

(Republic

AEstonia

73%

78 >/4

*88%

sinking fund dollar bonds 1970—April-Oct

No.

1944

81%

77

—

*130

53

86%

-Feb-Aug

AStamped

74'/4

49%
78%-

April-Ocf

1963

sinking

3s ref $ bonds

88

—

*117

fund

50%

81%

81%

—April-Oct

6s .Feb 1961

95

95

81%

-

I960

99%
99

*49%

1978,Jan-Juty
Mur-Sepf
Mar-Sepf

bonds

1974_'

(Hukuang Ry)„5s 1951
June-Dec
(City of) 6'/2s 1950
Mar-Sept
4%s debt adjustment 1970
—,—_Mar-Sept
A Colombia
(Rep of) 6s of 1928 Oct agfil-April-Oct
AGs of 1927 Jan 1961
—Jan-July

3%s series

External dollar bonds of

f

s

23/4S

99%

SACologne

(interest

3.5%) 1978
June-Dec
8% funding bonds of 1931 due 1951
Stamped pursuant to Plan A (interest

99

AChinese

169

■

.April-Ocf
—June-Dec

Plan

98

99"

June-Dec

assented

Cundinamarca

April-Ocf

99

98%

*95

*88%

Consol

A 7s

1
88

ACbilcan

101

180%

*95

*130

—

April-Ocf

(interest

98

*95

99%

98

June-Dec

assented

166

7

U^L.

to

reduced

Plan

1952-

pursuant

reduced

to

3.375%)

3s

1962

$

assented

A6s

98%

98 Va

—

—

.

to

Central

Stamped

6%s

f

pursuant

reduced

fund

sink

6s

86
103

(interest
^

*94%

June-Dec
'

—

——

Stamped pursuant to Pian A
reduced to 3.375%)
1979
AExternal

June-Dec

June-Dec

*

Mortgage Bank 6%s 1957
A6»/2s assented 1957
A 6%s assented 1961

96%

80%

II

(interest

1978

6'As

*98

A Chile

AGuaranteed

April-Oct

-

(II S

Stamped pursuant to Plan A

99 (4

*96%

100%
102'%

.

*102

1964—June-Dec

ABerlin

lABrazll

Extl

96r0
100%

Feb-Aug

—Feb-Aug

(Kingdom of)

99

13

assented

AGs

07

96

June-Dec

Sept 1901
sinking fund 6s

assented

99

98%

June-Dec

AExternal sinking fund 6s

92%

71

96%

AGs

AGuaranteed

1980

4%s debs adj (series 8/ 19G5
Belgian Congo 5'/4S extl loan 1973

Belgium

96

assented

AExternal

77

102

100% 1003«

96%

89%

sinking

99

98%

—June-Dec
2;

assented Feb. 1961-J—-\

A6s

.

94%

Mar-Sept
May-Noo
June-Dec

1973

$

96

97

AExternal

96%

.May-Nov

—

—

I

98

$

97

91%

06

*96

52

96%

03%
98

96

June-Dec

49%

91 %

93 Va

96

98

June-Dec
—

ARy external sinking fund Cs Jan 1961—Jan-July
AGs assented Jan 1961
Jan-July

96%

95%
99

05%

AExternal sinking fund

.

91%

»

*96%

97

97

:z

96%

*96

(Dept of) 30-yr 3s s f btls 1978-Jan-July
fRepublic) external s I 7s 1942—May-Noo
assented 1942
May-Nov

A 6s

June-Dec

1978-

(Free

96

96%

96%

97

1975——

--

Government—

lABavaria

96

95

*96%

*.98

AExternal sinking fund 6s
AGs assented 1960

-■

'

—

June-Dec

due

—

June-Dec

1971

4 %s assented

96

—

97

*96% .99

♦99

of)

§A7s

,_Feb-Aug
—

s

lAChlle

96%

June-Dec

39

Cauca Val

96

96

—

—

106%

2%s

99

June-Dec

30-yr

(Dominion

25-ycar

1957 April-Ocf

1969

5%s extl

93'%

102%
96

1057_Aprll-Ocf

1967-—-

1972

15

—

—

—

ser

1966———.—

5s

93

—

1662—-——

4'%s

99

No.

(Dept of)

Canada

124'%

07

99

*96%

——June-Dec

26

—

3%s

5s

1^4 "2

103% 103 %

—
■

1945—Jan-July
1946— Jan-July
1945—Jan-July

ser

2nd

3%a
3%s

(Rep)

Austrian

bonds

$

Jan-July

*92%

—

(Commonwealth of)—

20-year
20-year
15-year
15-year
15-ycar
15-year
15-year
20-year

Austria

7s

sink fd 7s

f

s

fd

_Jtfar-Sept
1943

—

—

99

95

99

June-Dec

25

No.

series

96

100

June-Dec

24

No.

3%s

99
99

*99

—June-Dec

23

NO.

series

Caldas

1968—Mar-Sep*

D

scr

A External

AExternal

Australia

r

1——-April-Oct

(Kingdom of Norway) 4s
Amsterdam
(City of) 5%s 1973
lAAntioquia (Dept) collateral 7s A
9 A External sinking fund 7s scr B
I AExternal sinking fund 7s scr C
# A External sinking fund 7s

series

series

*96

June-Dec

3%s series No.
3%.s series No.-'$9

Akcrshus

sec

3%s

High

*95

21

No.

3%s

Low

22

No.

series

3%s

NY 1-1693

and

,,

sink

T eletype

York

Municipal
(Columbia)-—

Agricultural Mtge Bank
External ?, f 6s 1948

AExternal

Broadway, New

series

Range sine*
Jan. 1

No.

*98

—June-Dec

•

20

No.

3%s

Bonds
Sold

June-Dec

—

-

19—

No.

series

3%s

Stock Exchange

series

3%s

High

June-Dec

15-;

No.

series

Thursday's

June-Dec

.

10

No.

or

Bid & Asked

-June-Dec

j

—

14

No.

3%s

Telephone

series

Last

Sale Price

——-——June-Dec

.

13

No.

3%s

3 %s* series

Period

LOW

12-

No.

Week's Range

Thursday
Interest

Exchange

11-,,——

No.

3%s

Wertheim & Co.

82

100

97.16

3%s

Foreign Securities

84

'

*99

99.16

3%s

9135

*80.16

*94

(continued)—
3%s series No. 9

/

*83

82.16
100

a>

82

*96.16

High

r-

89

100.16

*98.16

Brazil

19S0__— ——„—June-Dec

oo o

*99.16

95

New York Stock

Transit Unification Issue—

93.16

..♦80.16

,

84.8

*81

*99

BONDS

.Ian. I

•

99

97.16

Range since

High

*98

99.16
'

RANGE FOR WEEK ENDED JULY

„

Week's Rang*

82

*83

82

100

•

100.16

*80.16

84

*80.16

*99

yet been admitted to Stock
Exchange dealings.

1?f1Thl,rsd:,y's
llld & Asked

saio
Sale Price

*83

82

-

98.16

88

*99.16

82

*80.16

100

2s

100.16

*99.16

of 1950

2s

.

*87

100.16

*83

Mar

Sep

Serial

,

82

July 13

3s

12'/2s

•Bid

HOLIDAY

94.16

4%S—,.

7

1980

1

Jan

4%s

-

1

Dec

4V2S

93.1G May 20

Nov

4 VaS

_I
__

the Week

Bonds(S)

High

98.16

97.16

97.24

Nov 15 1974
1

Sales for

Friday
July 8
Low

High

98.20

Feb

;

3%s
3 %s

Treasury 3 V* S
Treasury 3s
Treasury 3s
Treasury Js
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury 2%s
Treasury.2 »/as

97.12 Aug 15

Low

Oct

AND

Tuesday

Juno 39

EXCHANGE

Treasury 4s

47.12 Aug 15

Monday

/

19o3—Ja7i-July

96

9G

104%

111%

95%

86%

96%

96

92%

„

99

1953 Issue—

1972

April-Oct

101%

101% 101%

98%

103%

25

20

THe Commercial unci Financial Chronicle

(70)

.

.

Monday, July- 6, 1959

.

NEW YORK STOCK EXCHANGE BOND RECORD
WEEK ENDED JULY 3

RANGE J-OR
Interest

BONDS

Period

New York Stock £rcban*s

Last

or

Sale Price

(bent)-—
International loan of 1930—
5s tlollar

bonds

dollar

Low

1980

1972-.
Greek Government—
*

1

103'2 1081#

,-jJune+Dec

■

951 i

A7s part paid 19G4_____—*—-—-—_May-ZVoK
AGs part paid 1903„
.»
_Feb-A«p
lAHamburg (State of) 6s 1946
April-Oct
Conv & funding 4'.as I960-..-—._____;-April-Oct
Helsingfors (City) external 6%s 19GO——April-Oct
Italian (Republic) ext s f 3s 1977
Jaw-July

391 i

35

Tokyo (City of.» —;
A5%S eXtl loan of;'27

41%

26%

5'/2s due

40

97:

;

103%

9914

—

5^s

f extl loan 1974

s

>

70

72

70

:

'

72 %

63

Japan 5%B extl s f 1974
Japanese (Imperial Govt)—
AC.is

6%s

extl

due

loan

of

'24

due

to

1904

92

92 %

95I4

96

Irrigation—
assented

ANew

A Small

Mexico

95 li

103

*135

'15

'491 a

l

190

-i

19%

,

AUbaiitik/vGreat^Soutljern 3%s'

Albany/- fe^Susquelranna
Allegli/itiyrCorp^debs^s.

3s

agr^c't) 15G3-Jan-July

18%

20%

ASlUail

18%

20%

3%a-.s,

—

due 1954A4s

.—_—

(1942 agrce't)

16%

*13%

•13%

16

American

_

A4s new

assented

v

,

agrce't)

agreement)

-i

1933

to

17%

20

20

17%

19%

-

(1942 agrce't)

(City of)

19%

21

2%s-debentures
2%6'

reduced to 2.125/i ), 2003
ASecured extl sink fund G'Gs

Stamped pursuant to Plan

A

4%s

to 2.125^) 200,1__
(Govt) 5lis 1970
(Kingdom of)—

4s

sinking fund

5'As

external

f extl loan

s

3973.

I__April-Oc«

99%

5s

<

*

—

'

A 4

lis assented 1958—,

April-Oct

—

■

i

Janeiro

6lis

-

*'■.

•

"T"*
•

i

--

*14%

i

v-

.

i

reduced

IA 8s

to 2%)

external

-'-1 1

„

reduced

to

2.5%)

*12

13
15

11%

"

.

J

loan

of

reduced
1907

.

1920

due

—1
—.It"

63

1

55%

53

1

92%

4

55

91

'

'

'

*

Stamped pursuant to Plan

3

external

Stamped pursuant to Plan A
to 2.5%)
1959
external water loan 195G

Stamped pursuant to Plan
reduced

A6s

external

Stamped pursuant to Plan
reduced

-

B«rbs

Croats

to

2%)

—

80

81

51

60.

i

:
■

i'

*55

—."j

65

II

*56

52%

,—

.

—

54

—

—

--

j

& Slovenes

secured external 19G2__;
A7s series B. secured external
Co.

*64

6014

--

70

|A6'/2s 1st mtge s f 1952
due 3.952 extended to

1962-

Y?s o^tl loan Jan 1968
external

loan

Dec

70

2

58%

19G8

Southern

Italy Development Fund
Gtd external loan 5'/as 1974
Taiwan Electric Power Co Ltd—
A5M26 (40-year)
s f
1971
»&g due
For

1971

extended to 1981—

footnotes

see

page

29.




*93

";
;

93

•

*95

.

68

94

83%

89'

1001^100%

97

%

~4

;

'
"

821#

63,%

-,9(r34

81%

82 3 a

56

'

96%

10

96

*—>'

97%

93%

73'

96

i

■

•

86%
*.

98"

9314

'103% 105

102%

103-

*103% 105%

.

89%

62%.'

-9

v

-

-

10314

90%

92%

32

107%

84%

85%

5

89

108

84-

*93%
88

99 %

13

88%

88%

5

96%

99-

103
90 '♦

87%

*92%

'91

*81%

82

*89%
*85:

109%

93%

-

95%

99't

%

98

-

91

94 ;
82

-

84

„

r

92%

87%

90

■
,

108% 109%

284

107% ,118%

137% '133% 138%

632

112%

157

*83%

'82%

87

89%

_Mai'-SepZ

72

72

73%

185

71%

78 ' 1

April-Oct

75

74%

75

22

743#

78%

75%

77%

31

74

81%

75

751#

46

73%

77%

7714
"

75%

'

.* <

'71 */•

—Jan-July

2%s

debs

71

--

87

113%

52%

;

,

87

*90

riMay-Wow
19Gl_Mr/?/-Nov

87 fA-

93'

97%

112% 113%

106%

113%

102% 1033h

.

62

15

10O-

106;-

26

95

96

96

96'

' 97

LzApril-Oct
—June-Dec

.--Feb-Aug

Co Inc
•

,.

•

.

---

.*_#««-J lily

"85%

J«?i-July
-

*8112

85%

6

85%

80%.

*95

■-

95

95

Co

121

—

f'

96

98

14

*

•

v

'

—«

'

13%

>

Jan -July

90 :

98

1

12%

18

5

12%

17

6

*101%

:

—'

•

97%

Jan-July

101

103

•

Go—

,

first

-

3s

fc

Case

ghL-J)

13%

3

93

96

2

95%

98%

3%s debs

3%ss-,

—

-

96

98%

96%

97

29

94%

97%

97%

97%

13

,97%

98

89

:

89

89

_

113

100-

117%

-80

•

-

64

,

-

*72%

1 ;
r-_ •:

"
•

-

60 -

86^.

68

-72 r72%

h—' 63

25

68%

41%

41

r 421#

87

87

87

6

87

78

5

-">76

-•

78

70

12 --

-

Mar-Sept
.

1978—

.

36!4v 47>:"ft

91%

y 83%

'

96%

92

99

93

93

94%

- *

-Jan-July
Jan-July

Ohio. 4s ,1965-

76

336%

113%

.

22

162

197.

-336%

320

>77% 78:%
; 112% 114%

106

132%

*100% 101, '

10O

101

*93%

97%

94

98

*75

80

80

79%

83

99 7

.

a

10O1#

81%
83

99

101%

80

10

90%

90

90'#
78

79%

77
94 7

,

61%

June-Dec
Feb-Aug

—ApiyOct

336%

'

77%83

a

61%

-

:

43

-.94%

73

13

94%

64

79

-

269°

112-

20

•

112% 117

-97%

58

2

61 %

84

*80
117

90%

41

.

94%,

99

'

85

V

.

128%

Oantral

——

-

.

'

152% 181

•

5%s- ,conv,£Ubord,debs. 1983

15%

11

609

68%

1.976—~June-Dec

coniol: "debentures v/pcrpetual)
Clinchrield

"

80%

' 8514

64

4982-———-Jan-July

Capital'Airlines Inc 4%s conv 1976

14%

13%

*176

'80

Buildfngs».5sr gtd. 1960^—zApril-Oct

California'Electric%Power

4%

1

9514

—

181.

debS>1971—T——--Jan-JpZp

,

98%

—

10214 105

1907-,;——Mar-Sept

Carthage & Adirondack Ry 46 1981

*14%

172

1974—
May-Nov
Canada Southern consol gtd 5s A 1962—April-Oct

*193

*11%

180%

—_Jan-July

income

83

l:'" "

4%siSic0iiv, subord.'debs^ 1973—I——-April-Oct
Buliklo Niagara Elecrfirsa mtge 2"%s 1975-May-Nov
Burroughs Corp 421:s conVt 1981—
—June-Dec

A5s:geiieral,:ratge

82%. 88%
.87%

5
10

80%

104

j•

California "Oregon^ Power 3 %s

14

13%

121

Slb-sv

85

•

ihtge- 41 as- mj-zl—J—-——^—--—May-Nov
Shoe

80% . 83

.

84

i'80%

ihdrtBagu. AP/isfe'SGyics' JJ :19&1-——April-Oct

Brunswielc/iBallce-Gollender

129

93

97

*84' '

setie.^ J. 1976—1—May-Wow

.

-4|

,

series K: 1979-—L—Jan-July
debentures • 1980____
May-N6v

Boeton,;& Maine^RR---^"- '• Vl'"
Flrsf linortgage' 5s,«seritrs,.,AC

-Brown

93

95
—

.

;.

Caterpillar'Tracter- 4 %s. dybs 1977^—11—May-Won
Celanese-Corp 3s debentures 1965—,^—
April-Oct

debenture's

1976—LJ

~1

89

94

„

qf Georgia Ry—
series- A- 1995—
—Jan-July
mortgage^l'bs series A Jan 1 2020
May
AGen mortgage 4%S"Serles B Jan 1 2020;
May

88%
6

73

35%

359

.

73*

73

1

6814

68

y4

,

105

88

3

88 %

'

91

84%

'

86

73

78%

83

88

~5

C5%

75%

66

102%

104%

2

*89 3 b'

AGen

Central/Illinois--.Light Co—> •.
4y4Sf:Conv debentures; 1S74;_—:—_.

99% 100%

1003s

-April-Oct

FirsL mortgagee 4s

_jan-July

62

97 "

mortgage 3s

Bush Terniiual^

June-Dec

May-Nov

62%

97

Bristol-Myers,, Co\3s- debentures 19G8—x—-ApriZ-Oct
Broorclyn' Union'Gas.^ge-n mtge 2tas 1976—Jan-July

70

129

—•

—
.

June-Dec

Jjune-Dec

89%
'

62%

First* mortgagees^serids >RR" 1960r——Jan-J/iZ;/
A inc ihbttgsge -4%s Iscries-A .July, 197(kMay-iyop

,
—

!

Ijune-Dcc
Ijune-Dcc

"

88-

Bordeik'(T4ie) C0"?2%s* debs' 1981—__2a_Mar-Scpt

'0

'

13%

June-Dec

95"% 100'

6

54
—

—

14-

jail-July
1

Consnl

Carolina

(Prov of) external 7s 1953A4V2s assented 1958
South Africa (Union of) 41 is 19G5

Light

Canadian,Pacific Ry—•

_

ASllesla

SVxs

.

ZI/ay-Nov

_

6%s

100% 100 %

100%

—_Feb-Any
—

series; Z .1989—

Consul.; mortgage '2%s.'

1st

Mau-Nov

19G2

18314 223'
•

10

'•
Con'soP'!mortgage ,2%s-,series I 1970—'—Jan-July

Ffrst:
t

—

Ltd—

83%

Beeing; Airplane'Co— -a"- £>-''4
4%s cunt subofd "debs-. 1980-.

.

Jan-July

AGs

Bhinyetsu Electric Power

831'4

—_Fcb-Aug

;4%r$ ,(teb'series A:;. 1978^-—

3%s» conv

*?

•

(interest
i
April-Oct

(Kingdom)

29

64

__

--

A

90

f>/

Bethlehenr>Steel-"Corp—
;

60

*80

^Jan-JaZy
:

818
-•-30

89%

—June-Dec

4%suleb: series B- 1978:_i

71%

—

*_5

lian-July

..

346-

-

96%»i

85%

93%:
96% J101%
"102°% 108%

'

Mux-Sept
(interest.

2012—..

Power. &

Berlin

:

-j

65

•

A

to 2.25%) 2004
dollar loan 19G3

Manufacturing'. Corp—

1st mortgagee Us 4980:'—

(interest"
Jan-July

reduced

|A7s

78-

87-

-196

201

.

96

:

87%"

'

82"

61

98 3 8

195

June-Dec

A6%S'!i.'f debentures/l950—:

39%

*

.Jan-July

29'
20

103% 1047i>

debentures" 1966_—Jau-Juiy

Beneficial Industrial Loan

7
.

"May-Noa

1950

93%

a

103%

Feb-Aug

lABerlinCily -Electric .6s 1955—
|A6%s' k f.debentures<1951——--:

193G

IA 8s

78%

8(>3a

: 77
-

87%-

201

.96 i

—Juno-Dec.:

1964_

69

38

1957—^May-Nov
/interest'

to 2%) 2012j
(State of)—
stamped pursuant to Plan A
(interest reduced to 2.5%) 1999

A

Debt''ftiljdstment-—>-•••■

65

*69

.

May-Nov

Bao Paulo

97%

.71%

4

83-%

801
-

1st rfcrf iidge^s:L3%s 1990-_i._—_—lzJune-Dec

;

65

ApriZ-Oct

A

87

70%
78

30:

.

87 3a

83%
80

i

_—

61

*"

--

A

reduced

80 ]?

98

lst:teL,)ntge A"f.4s.l993_>i-.-———,M«r-Sept
4%s«t:onV ' debentures«1974_LJ—x
!—Jan-July

i

June-Dec

j

•

77%

691 a
72 ■

.

72 %

87

80%
83%

73%

.47

158';

'

70%

—.

57%.

.

38%

*80%

i

73%
74%

1962—Mar-Sept

68%

,

-

38%

-I

>

.74%

.87%

1930—^
Mar-Sept
4%s ,ser C VJ12-—-—---——Jun-July
General,m!ge.3%s.series D 1980—.—Mar-Sept

1st & ref M 3s

'.

96%

.

X

*57%

i

2O04___Jtme-Dec

1952

70

*73%

4%sveonvcr,tibie 'Jncoin/? Feb l,.2010__-x--——May
4%sV conv debs series/.A- 20101———-^Jun-July

63

48%

*66%

—

——L—June-Dec ''
Plan

78

70%

'54'-

74%? 75%

78 ?

Fcb-Aug

Benef'ieirblvl'inan.ce,5s debs,1977

pursuant to Plan A (interest
reduced to 2.375%)
2001
i__,May-No»
Afilis extl secured sinking fund

8s

63

*64

April-Oct

(interest

74%
"

April-Oct

I1 1st cons mtge 3%s ser A 1970_
1st cons mtge 4s ser B 1980

:

Stamped

.

16

*

250 '

»altimorer& Ohio RR—

—

(interest reduced to 2.25'*)
lARonxe (City of)
C%aj}1952
8s

11%

2

53

196G___May-Nov

to

(City)

11%

92%

-April-Oct

2.25%): 2004_
stamped pursuant to

lASao Paulo

17%

■

1QG8

;_w

250

16

.

Stamped pursuant to Plan A
7s

12

14%

•

■

.

(interest

140%

Gen niortgage. 4s ser :A

Atco-

-

1999

debentures^ 1969^-

Baltimore Gas & EleoLric Co—

Jan-July

„

313

—May-Nou

]; 1st-cons-mtge 4J/4S .ser C 1995—

-t

.-.Feb-Aug

1946.]:

230

1985£_tA——ApriZ-Oct

.{} 5s coimsubord- .debs 19.19-1-

-

Stamped pursuant to Plan A (interestreduced to 2% ) 2012
June-Dec
external

17

,1

internarsinking fund gold

A7s

18

-

Feb-Aug

1921

245%

'

Map-Nov

Stamped pursuant to Plan A
AGs

15%

14%

*14%

Jan-July

1953

85%
80

|; 3l4sidcb0ntures •1970^_:_—:——Jan-July
! I 4%'&vcony subord. debs-1987—;
IFeb-Arty

13

'■ 95'/.

s-

76 "

Atlantic^Jfcrinlng

17

93

.

38

67%

85

—I-

•

93-„,

98

23
84

84%

—:

13 3 a

"*

103

82

*14%

99;:.
102%

90-

71%

Mar-Sept

Wt4)eHtures /1983x_'ki_-_^-_-_____.

2%s

9614

77%

Ged mtge
i.

"92:.

70

86%

*•'

'

*11%

■

48%
84

-

-

2012—
of

1

mjL

84

'

(Stale oft—

loan

44

"

83%

'83

j

'

Ai

'

2

27

•

76'a

99%

84

8314

I

Stamped pursuant to Plan A (interest
Rio Grande do Sol

48%
'

*83%

*: 96% ■

90-

-

93

89%

83%

—'

—

4

87 %

96 %-102! a

;

63

;■ 14

93'%

"83%

Atlantic. Coast. Line RR .4!L*s

,

—

88%,'94!)6%
98%
80145,

1

98%,-

*98

GeiMH'Sti:4s d995-.'-;-^-^_—X—-April-Obt
Stamped 4s July 1 1995
May-Nov
Atlanta fc Cl/arl Air Line Ry 3%s 1963
May-Woo

95%

92% "

89%

.

102%

973»

*

93%

90%

93

5

28

81%,

'90 *

186

»

-

18-

98

98%

Alchisota.'i'opeka k Santa Fc

100

2
t

V

'.

'

186

'

'

'

1
'

94

*44
v

•

j

(City of)

secured

r

99-% ior- 4
10.713-118%
u62I»
68r

172

88%

92%

101%

1,

8s 194Q
April-Oct
Stamped pursuant to Plan A (interest reduced to 2.375%) 2001
'
_April-Ocf

5AExternal

U—J

95%".' 96%

C. 121

66

97

97%

1090^%-—-%:—''-—Jan-July

4%se..dtibentures:l: ISfi<k:2——————
5%8/i,sHbord-debs ,1977:'—

:t

1

88%

96%- 97 •
81%

100%

.1

stamped pursuant to Plan A
(interest reduced to 2,25%) 2006

do

90

90

'

~4

96%.

.116%."

66 '

88%

' 96%

87%

Aisoeiines, Investment,:^ %'SV debs

.

•

--

19GG

lARio

1--

*67

i

—

ApriZ-Oct

Porto Alegre (City of)—
8s 19G1 stamped pursuant to Plan A
(Interest reduced to 2.375%) 2001

and Nyasala'nd—
(Federation of] 5%s 1973

99%

'

101% 101%

•

____

Rhodesia

101%

95%

92'f..,*

70%

5l4's«/<leb£ji/tui'esy l9.77-.;———Feb-Aug

'92

—

lAStabilization loan sink fund 7s
1947—.April-Oct
A4lis assented 1963—
ApriZ-Oct
f AExternal sinking fund
gold 3s 1950
Jan-July
A 4 lis. assented
19G3_+
____jan-July

7lis

99%

97%
99

93

'179

April-Oct

:

'

34

3

.

99%', 99%:;
113.

,

66.

-

;

April-Oct
Ann Arbor, first .gold 4s July. 1995'——.
Quar-Jan
Armcos.Steel*Corp-:,4.35si,deos sl984—„—Ajw-Oct
Armour/&r,Co T>»- ine sub deb-1934—
—May-Nov

*180

"a

•

(Republic of) gold Gs 1940

99

97

—'

'100% 101%

■

~

.

(Stale of) 7s
1947:.—Mar-Sept
Stamped pursuant to Plan A (interest..
reduced to 2.125%) 2003.,
Mar-,Sept
APeru (Republic of/
external 7s 1959
Mar-Sept
ANat loan extl s f 6s 1st series
1960__Jimc-Dcc
lAPoland

116.

Fcb-Afty

—

Angio-Lautaro Nitrate Corp 4s i960
Anheuser-Bnsch Ine"3%s debs/1977

t,

Mar-Sept

series '1961

96%.

100%

*90

,

lAPernambuco

Gs 2nd

■

99%

i

—

5lis due 1958 extended to 19G8———May-Noa
Oslo (City of) 5lis extl 1973u
—June-Dec

f

—

*99

97%

10

99 % 100

4

Feb-Aun

May-Noa

s

96%.

99%

•

:'---Ll———Juve-Dec

3s

—

1953 extended to
19G3—Mar-Sept
A5lis extl loan (30-year) 1958—

extl

105%

94

85 '/a

'

86

•

81%:

A^ff^conv, debS'1973--^^-_--——a.—_Mai'-.Sep
American?-Tofmcco-CO- debentures 3s 1962_Aprf/-Oct

46

98

1

98%

h

Gs due

loan

14

99

98%

'1

Feb-Atm

1953.——

99

,

1970—June-Dec

(City of) Cs 1952——
4lis debt adj 1972
!—
Oriental Development Co Ltd—

ANat

44

102%

"

76lL>

3V4Svdebeutiu*esl9772i_%_—:—

98%

;

(30-yr)

10*1%
'

lANuromberg

IAGs extl loan

'43

1

17

13%

100% 101

71%

5s

13

19814-200

86

-June-Dec

4%S> dobetiitu-es

--

•-

Jan-June

1'

I

-.-

,

June-Dec

April-Oct
April-Oct
19G3——_Fcb-Aug

loan

Municipal Bank extl sink fund

46

43

3

—

i}
Mux-Sept

:

19G5

new

43

43

,

.'■>

sinking fund old 4%s»1960

f extl loan

s

43]

(interest

reduced

Zealand

External

l982iJ—

delrenturcs' 1984—'

Mar-Wept
Mar-Sept

19591

91

10

13%
-

*91%. 94

April-Oct
—_—Jan-July
:
"J—:
April-Oct

debentures- VJH'Ja--.

l%sii debentures.,
-

13%

96

83

companies

2%X«-dci)enturesf:197lX——Fcb-Aug

V

92%

"

Feb-Aug

3%m debentures:-1973____

(Stale)—

93%

.

Co—

2%8^'debentureSn lOBtkx.—

G%s 1952rr——-Ayril-Oct

88%-: 94

^

86

1075_iil_ irix——

21%

92;

88

*100% 101

April-Oct

1987i:_

Fomidry

21%

—

1953—_Mar-Scpt
Stamped pursuant to Plan A (interest ...

"Norway

&

defmntuTcs
*19 »/4

—

Gernes

debentures

•

•:...

■

Xftstti'd- debs 1964__May-Nov
Wis debs 1988——i:--—April-Oct
Power- deb 5s 2030—_il/ar-Scpt

-

ASecured extl sink fund 6%s

New

'junior

100%

84

:

131#

'10-b
« *188

19C6-_Jl_J««e-Dec

AmericRii, 'Icleplione:& Telegraph Co—
2%s» debentures:. 1980J

1903„Jan-July

13%

—

1970—.May-Nov
1

7
2

4;

93

90%

'94%-

--Jan-July

couv./subord. debs. 197,7

5s

i

Jan-July

-

1982—

3%s

7

88%

*83%-%..

& Foreign

AmericisnJt-EIacliirie

i

,J
assented

new

ASmall

Minds

20

1922

8 A Small

IA Milan

-i

—

fATreasury 6s of 1913 (assented

AGs

4^0s

1963-Jaw-July

*7.
*—

(1942

A Small

102

88%

Gorp'

'Americnn

206 I-'

10Q%

_-Ap7'-Oct

Cq of- Canada Ltd

American Can, Co

—

202

-—-^—June-Dec

American.. AirHncs.'3}e debentures

19G3~Jan-July

|A4s of 1910 (assented to 1922 agree¬
ment) 1945
i——_____Jan-July

§ A Small

19a9^-x

4%6-s %,debentures 1980..,2_?.—

_JuuoDec

,

assented

new

-1

101 la

T

—ilFeb-Aug

L;dcbe«iurcs

Aluminmn

£A4s of 1904 (assented to 1922 agrce't)

,

1964

4%#rslnkix)g fiind debentures

V*-.-——-XL——;:'

—

if debentures

a

206

90%

-l^v8__-„April-Oct

Dye/3%s debs
America'- 3 %s

.

07

ltRv4las 1975. —Aprll-Oc(

Allled.;.©botnical

191:

11

'89%

scr A-1962—May-Woe
AlleglH-'iry Ltuilum: Steel ,4s-eouv debs 1931_April-Oef
Alieglieny,
Western. 1st gtd%s 1998^__,_.April-Ocf

17

High

191100

•

,88%

Jan-July
Mar-Sept

13%

V lV/t

Low

1007.-

-May-Nov

50%

■
'

19C7__

Jan. 1

No.

'•

and industrial

48%

;

—

.

(1942

'•'•

kailiw>ad

Range sine*

Sold

206
101 %

June-Dec

,*

•

Power C'o 1st mlge 3%s 1972
lsUjno^&age: 3%s 1934_^,____—

26

-

to 1971—

'^'.7 ■

Bonds

i

High

100

June-Dec

t

Alsbama

99% 101%

' / >;
'-2

107%

190

...

'fhnrsday's

'179

Feb-Aug

Gs of '26 19G1

-b'r

^

—

100%
18.1#

99 li

19G3-^Jan-July

101 lb

11

101 :!i 103

'

1958—

(City of)

due 19G1 extended
'

'V

215%

214

*203

<s

97'/a

94%

19

\

assented

Yokohama

AJtamimnn Co. of

assented

now

A Large

■

:

94

92

G

1963

(Republic of)—

A5s

/

'

.

(1942 agrcem't)

1 A4%s
A

JAJugoslavia (State Mtge Panic) 7s
AMcdcllin /Colombia)
(j'.as 1954———June-Dec
30-vear 3s s f $ bonds 1978-.
.——Jan-July
Mexican

142'/a

142

Fcb-Aug
—May-Nov
May-Nov
1957- ApriZ-Oct

'30 1965—-—.
extended to 1975—

1905

92

Fcb-Aug

1954

extended

1954

„;

73

<

—.—Mcr-Sept
Jaw-July

A 5 %s* extl loan of

S'/is

-

72-/a

73

G91a

196

73

or

Bid & Asked

—_April-Oct
April-OcZ

External conversion 3979
-.May-Nov
3%s-4%s-41'i,s external conversion l978..Jime-/)ec
4s-4,%s'r4%S'external readjustment 1978_Feb-Aug
3%s external readjustment 1984
Jan-July
Valle DcFCauca See Cauca Valley (Dept of) "*—^
IAW«rsaw" (City/ external 7s 1953
Feb-Aug

73%

68%

„2
22

70"#

„

100

991a

991# 104
72

Jaw-July
—June-Dec
.

1971—:

to

.

Italian .-public. Utility Institute—
30-year, gtd ext s f 3s 1977———
§Aitaly /Kingdom of) 7s 1951
Jamaica (Government of)
""

1961—

1961 extended

Tokyo Electric Light 'Co Ltd—
§ 6s 1st mtge: $ .series 1953--——
—June-Dec
6s i953, cxtended to ,1963————June-Dec
Uruguay (Republic of)—,
'
3%Sr4s-41»)S /dollar bond of 1937) —
«■ External readjustment 1979
^____ZI7«j/-Nov

*m.y.

*102'L>

f 3s 1977«—«-—Jan-July

s

29

.,10

Italian Credit Consortium for Public Works

30-year gtd ext

86

26

39^4

34

39-15

Week's Range

Last
Sale Price

Low

110%

104

5

95^4.

Period

High

Low

No.

Interest

New York Stock Exchange

i

June-Dec

bonds

Sold

High

BONDS

Range since
Jan. 1

Bonds

Thursday's.

Bid & Asked

German

3s

Thursday

Week's Range

Thursday
>•

68%

-

'

June-Dec

1043i

104

104%

Volume

Number 5861

|90

.

.

The Commercial and Financial
Chronicle

.

(71)

NEW YORK STOCK EXCHANGE BOND RECORD
BONDS
New York Stock

Central RR

Central

Co.

of

Exchange

N J

3%s

First
First

mortgage
Cerro de Psisco

3r:tts

Corp—

5 Vis

Jan-July

4%s

B
.

<fc Fibre 3%s
stibord debs 1984

conv

Chesapeake

&

Ohio

and

Refund

8514

Jan-July

;. 92%

115 Va

Ry

119

r">9999 >/8.
.

and

jmpt M 3Vis series E

1996—Feb-Ang
impt M._3?is series"H' 1973—June-/>cc
R & A div first consol gold 4s U9G9
Jan-July
Second consolidated gold
4s,, 1989
Jan-July
Chicago Burlington & -Quincy ItlV—

81)

80

9312

42

.<•■

•-*'''

80

82

••^813b

.82

91.

{rT 3

.

%

:•

92

r;S85
?•> f83

•

First and

1st

&

3Vis J985—Feb-Aug

jriqYtgage IJfris 1970—Feb-d ug
1990..^r_^_,^.4
4——-Feb-Aug..-'.

ref

uitge1-4%'s" 1978.;

.

5

A5s

Income

lB85__J._^_ilR;//-Nov
—__May-Nov
1st--gold lis 3982 ^
May-Nov

debs

Chicago & Eric
Chicago

Jan

Western

,4s-series

.

86

82

81%

I988_.Jan-July
A
General'. inc intgc A Vis J;ai ir;2«38...
—Aurj)
Chicago Indianapolis & .I,oiilsvllle^Ry—
•'
A 1st
mortgage 4s jpc/'stirics A Jail 1988__i_April
A 2nd
mortgage ,4$ s- iuc se? A,|laii 2003L
April

'•■71,,.

•'■•7014

•24

90

"•

^80.Va. 81

•

First

Pat*! fie

&

mortgage 4s -series

'12

-

'

7'

..*"•

•

■

'-

74;

56%

65%

First

'

77.r'«

■i

'

t"?.58,;'% 6^;.;^

.

73 %

Jan

1

.',79

,'

4%s Income

First and
Income

f

First, mortgage

..

A '

RR

63

,.47—

63%.

Cleveland Cincinnati

Chicago

Lr0lu

4s

.*82%

85

-

,103

*6414

5

V

'

62%".
v:7\

—

1 ";•

'A

t

'* 597 a

••

3s

mtge

1989

3Tijs

100/;

7
' •,

9

u

88

-

"80% 7

7

77%

91

/■("

j

Colombia Gas

97%

98

v''

"

•

45

77% 779

::

7'4.

.:

Xy'h-

•,

74

73

73

74%

6314

31

,f-

1st

Va

63%
86

5

—

86

series

1975,

B

EI

6J/as debs series II 1982
5s debs -series.I "1982___
scrjes-J

47/as debs series

*77

'.75

1

97%

3%s-subord

conv

7

108%

97J-

105% 108%

■*

97

/

105

99%

82%

7

82"

82%

91

83%

Commonwealth Edison Co—;

1

87%

U

106

98%

40

100

-

101%

May-Won

106

;

95

101

*86

...

mortgage

3s. series ,L 1977
mortgage Its series N 1978
3s sinking lund dobentures i999__
'2%S"6 f <lebe'n t,ni'cs'1999x—

126%

13

105%

90

of Now York—
First ^nd refund 111 tge .2%s ser, A
First ond

refund

First and

refuiKL

First

refund

81

98

299

81 Va

l-u o

.V»":

23

81

April-Oct
April-Oct
April-Oct

>

'.

21liS

ser

B

J,

1st &

ref M

1st

ref

&

1st &:

ser.

C

;74%

M

1072_Juue-Dec

3%).s

1st & ref

M

1st

M

ref

h

1st &

"

83

ref

1st &

ref

4s

3:his

series

K

3%s

series

L

conv
conv

5s

M 4s

ser

N

1987

scries O

71st ret
1st ref

1988

M

2Tus

scries

Consolidated

1976

-

81%
82

8014

81
85

,

104 V*

9112

104
r"

;.

10

'•

-

1978-

110%

104%

91%

91%

'107% 110%

112%

110

113%

t

78

78

Consolidated- Rathoads of

80%
82 t-V
AOs
84

i5

-;89.%

164
161

82%

243

..

105%

i;

87

•

88

;

Co

4%s

subord

71%

71%

*86%.

Crane Co

84%-

•86% V
79

79

Alst

mortgage 4s-.(1942 series)

For

footnotes

see

page




29.

1973

105

June-Dec

•

87%

86%

76

*30

77%
89%

.

176%

134%

13

138%

•»

90%
78%

74

167

——

138

153

76

—«

81

80

American

Oil

Co

debentures

Co

*66?i

86%

64%

—

66%

*66%
99

98 Vi

40

99%

*70

97%

/

96%

87

—

76
97

105

86

99

99%

6

99

95%

95 Vi

-4

86

88

96%
105

94%

A

18

168

203

78

102

116%

5

77%

77%
*__'e!

75

76%

"3

81%

75%

—

75%

90

93%

*—

98%

—»

98

101%

91

91%

8

91

94%

3

116

134%

90—

90

91

90

118

118
118

*104
*88

112

106

91%

89

—

—

„

101%

102%

*100Vi

101

101

96

96

—

—

56%

56%

53%

38

*88%

59%

89 Va

57

April-Oct

119%

88%
62%

95%

7%

■«

55

.

80%

7.

95%

7%,

67

v

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80 Vi

14

lOFlg

100

101V4

«10

119%

II6V2-11934

35

V

*99% 101

90

*86

100 "a

100

93

78%

.100b2

24

1

&

—

".

1st

92

90%

-

17

16%

31

86%

22

109% 112%

99

%

4%s 1981

ref

M

;

;

.

3%s

100%

99

91%

98%

99%

96%

98

90

90

%

4lis

s

i

1932—

2%s series Q 2010—
2Vis series R lOOlu
-

'

s

f

f

debentures

s

debentures

&

89%

94

91%

98

86%

42

85%

44

87

86%

87%

87%

99%

22

88

30

86

100%

92%

89 Vi

93%

121

101%

108

125

103% 104%^

ft

■-

89%

96

98

10

1

87

91%

95%

98%

90

143% 145

101

124

150

143%
150%

201

130%

152

*92 Vi

09 Vi

99%
92

92

—

100
92

101

103%

120

103

122

*100%

25
7

246
41

152%
159

93

100

99

104%

90%
96

94%
109%

119%

138%

100

-~

106%

95%

95%
'

95%

~6

95%

101

69 %

69'A

1

69 Vi

77

69 Vi

75%

--

73%

~3

51 Va

60%

95%

2

95%

97

76%

5

75

85

58

95%
76 V4

95%

65

70

58

April

»

69

3

62

83%

83%

3

83

83%

72

72

3

70 Vi

76

mtge 1970—-May-Nov
:
Aprll-Oct

♦—

75

——Jan-July
June-Dec

87

87

2044

1980

1st

63

April

—May-Nov

1984

1982
5s

A

IA Adjusted income 5s Feb 1957—;

75

80

85

88

75

75

78

91

/

101% 101 Vi

1

9)

202

237

99%

104

94%

100%

*96

96

100%

*83

96

83

85 Va

94%

96

75

98%

95%

96

89%

88%

*__

98 Vi

98 Vi

103%

*._

June-Deo
Jan-July
Jan-July

89 Vi

Jan-July
1957__Feb-Aug

102%

Aprll-Oct

91

82

Jan-July
-Jan-July

—

79

87
80

80
—

Apr-Ocl
Man-July

1978

1977—

75

II

—Jan-July

1978

first

63

1

98%

97

104

Mar-Sepf

Manhattan

98 ia

256

Jun-Dcc

G

2056

debentures

5s

49

98%
90%

v,

2013

1908

4%s

99%

85%

*66%

debentures

95

95%

87

tan-July
Jan-July
Jan-July

2%s series P

Hocking Valley Ry first AVis. 1999
Household Finance Corp 2%s 1970
fund

102%

rfo
88

15

87 Vi

*69%

Coal and Steel Community—
secured (7th series)
1975

debentures

91%

101%
176

.

Jan-JnZy

SVis

sinking

98%
136

85%

_Jan-July

'

235

5

3Vis series O 2000

series)

118%

,

6

Jan-July

Oorp 4s conv subord debs 1970
High Authority of the European

(11th

94%
149%

105

107

165

3Vis scries N 1990

Hertz

secured

90

88

mortgage 3%s 1982
—June-Dec
Hackensack Water first mtge 2%s 1976—Mar-Sept
Harpen Mining Corp 4 Vis 1970
Jan-July

5s

118%
97%

124

102

91%

Jan-July

1976—

series

123%

99

9

165

^.April-Oct

1983——_May-Nou
Co first mtge 2%s 1905—May-Nov

Ohio RR—

90

110%

21

x

100

102

98

June-Dec

D

100%
82%

92

14,2

87% /87%

debs

debs, series A

tfAHudson
17

87

98

mlgc 2%s 1979
mortgage 3%s 1981—

1st

4s

89

81%

91

90

1st

4Vis

87%
*90Vi '

97%

3

F

1969

1977

series

146

126

i
30

87%

Corp-—

mortgage 3s 1978
debentures 1909

92

105%

F)

(B

87%

82%

1979—_Ja«-July

debs

debentures

(W It). & Co 3',is conv sub deb '75_May-Nov
Union Company 4Vis conv 1978
Jan-July

Inc

86

99%

debs

conv

mortgage
mortgage
mortgage
mortgage
mortgage

78

10

Utilities

Income

conv

General

86

78%
-

105

86%

112%

60%

87%

98%

Vi

—Mar-Sept

1979

4Vis

84%

"'130%

102%

*90
.

78";8

114

87

61%

53

65

135

135

103%
89%

Feb-Jug

Corp 3%s

list

%4 102%

100 '■* 105%

—

&

3s

83%

-15

58

58%
86%

•

.

1977

Gulf States,Utilities 2185

108%

-:6%r

1975

debentures

1st

,

V 93

—

debentures

5s

105

V. 70

1909

General mtge Inc 4s series B Jan
,

86%.-

103 7 «

'

98

April-0«t
.Mar-Scpf
—___Jan-July
Jan-July
Mar-Sept
Mar-Sept

——

General mtge Inc 5s series A July

••

103%

3

59

'

59

57%

Vi

82

Mar-Sepf

-

1972—

Gulf Mobile &

76

%_
58

May-Nov

1974

l-__

1904

debentures

General

91

60

Texas—

debs

I960

debentures

General

92

79

.

96%

202

IO2V4 104

200

102%
77%

1971-_Mar-Sept

debentures -1961_

General

85..;

;;

99%

74

93%

—

92

Jan-July
May-Nov

of

3%s

debentures

teenoral

257

82

~

79%

Jan-July

1961.

Ry Co— ;
General 5s scries C 1973—

81

71,,

—

105

May-Nor

1970.

83%

—»•

140

General

84%

79

*105

3 lis s J debs ^1977
May-Nov
Crucible Stecf*Co of Am .1st
mtge 3 lis 'CG.May-Nov
Cuba Northern rtys -Vr •
'
'

74%

*92

Realty

•

86%

-y
10

—•

Mar-Sept
—Feb-Aug

1983__Apr-Oct

89

72 Vi

1

72%

72 %

Jan-July
May-Nov

Motors

91%

79.Ti

10

:.

—

84'a

Apr-Oct

dehs

19

86 Vi

86

Aprll-Ocf

debs

series

Great Northern

87%

78 V
,

Continental Baking 3s debentures
1965——Jan-July
Continental Can Co 3%s debs
1976—1___April-Oct
Continental Oil 3s debs. 1984—
May-Now

Prodncfs

86 Vi

_April-Oct

Grand

—

Corn

90

85%

83 Vi

64

Grace

90%

•-'

:

"

227

Goodrlcii

88%

103%.. 118

<«.

Cuba—

4B/«s conv debs 1972———
Ust -mortgage 4'/2s 1988

91

86

122%

Glidden Co 4%s

109%'

79%

:A3s cum Inc debs 2001—
:
2
Aprll-Ocf
Consumers Power t[rsl/"lntge 2?g«
1975r—Mar-Sepi
1st mortgage 4%.s„ J 987
April-Oct
;

5s

General Tire 8s Rubber Co

101-%.

154

,

L_,

1

84%
86%

103% 104%

4Vis

102%

78

June-Dec

:

84%

,

*101% 102%

Mar-Sepi
General Shoe Corp 3.30 debs 1980_"_——Mar-Sept
General Telephone 4s conv debs 1971
.May-Nov

—

Feb-Aug

debentures 19.82
debentures 1982—
4%s debentures 1903—

84 Va

%_

121

A 4s

91%

...

Ma»-Nov

5s

93%

April-Oct

;

General

83%

-

*75:i'i
,r 821)»/
SO.Jgr

13

June-Dec

4%s

85

Aspril-Oct

197C
3s

General

'

10

95

—Jan-July
April-Oct

debentures"1979—^—-J

debentures

debs

3%s

90%

■

.

85

Jan-July

—

61

30%
87

10

104%

3s

<

81 Va

Apn'i-Oct

f 2%s series X 1986
Natural,vGas 2%s 1968

87

68

52%
'

•(*

—

121 %

33

75%

79

•

S'As debentures
38

;

94

April-Oct

(Bait/

J981-

1st ref mtge s

'.

ApriZ-Oct

4s debentures

86

9 80

7,

8114

Jun-Dec

1976

U

19051
:

Rubber

2%s

78

83:,.

Ma//-Nov

—

Light &. Power

M 2%s scries T

5s

May-Nov

83%

I'UOt'z

Apvil-Ocf

-

37

__Jan-July

73%

1% 72V»

14

83 %

*__

debentures; 1963——
——June-Dec
debs 1073-———Feb-A;ip

Consolidated Gas *E'i

first

3%s

73 %

83

-'81 la

81 Va"

Consolidated 'Electrodynamics Corp—
•"
4Vi'S conv subord debs 1984— —x—June-Dec

3Vis

*

83

l——Juiie-Dcc

1986__—>

32%

Mar-Sept

3S

72

81

Jan-July

l 986^—1

54%

58

>

1976

33%

70 Va

.74 Vi

81

Feb-Aug

1985

VAh series M

M

Corp—

Corp 3%s debs 1976
General Motors Acceptance Corp— /.

86%

83

"

*84

Mar-Sept

1982

1983
1984

J

81

3%s

"

ref .M

1st &

3s

scries -II

3Vis series'!

1905—Jan-July

Foods

,

80

*74%

3s ser D

ref M 3%s series

Tire

Electric

128%

807 u

72

l982.Mar-Scpt
1977_ApriZ-Oct

2%s

54%

*31%

6
2

'

".

suboi'd

conv-

General

89%
101

109,

...

I8
T2

1972—May -Nov
3s ser E 1979
.-Jan-July
First and ref.nnd
3.<ii'$er F 1981
Fell-A up
lst;&'ref M 3'/<s series G 1981——-„—May-Nov
and

Steel

Southwestern
5s, stamped-1965

General

94%

85%

Consolidated/Edison

«,

-i

4%s conv subord debs 1984——1 lMW*Nov
Gen Arner Transport 4s coilv debs
1981—May-Nov
General Cigar Jo 5%s income debs"1987—Jmic-Dec

101%

'99%. 105%

—

119% 127

Feb-Aug

2001--—

mlgc
mtge
mtge
mtge
mtge

1988——;

,

June-Dec

;•

a._Mar-Sepf
Apr-Oct
Apr-Oct
Mar-Sept

-

,

vFirst

refund

3%s

&

General

110

95

7 98

June-Dec
:

63%

61

2J.

Gardner-Denver 4%s conv debs 1976-Garrett Corp 4%s conv debs 1978

89%

100 Va

3

88

,

—Mar-Seut
;

53%

60^

Food Fair Stoves 4s conv debs 1979Foremost Dairies Inc 4%s 1980
Fort Worth & Denver Ry Co 4%s 1982

90%
86 %
93%
97 ' " 102%

105%»

76
:

.

101%

*921i

■

7'-

,.»/95'

101

-

—ill a//-Nov

:

53%

60

Aprll-Oct
Aj

1986-

A Florida. East Coast

.

•

83%

100% 101%
--

1970—_May-Sept

;.

Mar-Sept
-t-FCb-Aug

1977-—

deiicnturcs :1972
3%s debcirture 1977—^

86%

.782%,

*83%
'

April-Oct

3'/4S

83%

98%

-

87%

—June-Dec

1964—

V 82 *'

87%

Jail-July

_Rfar-Sept
April-Oct
April-Oct

*

Elec

*82%

——Mar-Sept-,

mtge, 4%-s 1987
Combustion EugineeriJis'lucj- r
3%s conv subord debs 3981—

First-end

Paso

Firestone

86%

4

1st

debentures

mortgage

4%s

112%

82 %

;

71%

42%

52

Fanstcoi Metalrurgical Corp—

...

*-99% 101

82%

—

(37

—

58% | 61

Jan-Julf
1977

conv

AOs income debs Jan 1 2020
Ohio division first mortgage 3%s

97%

77 82%

;

debs
Ohio

3Vis

Feb-Aug
Apr-Oct
r_May-Not>

1

196IJ

mtge inc 4%s ser A Jan 2015
i
April
L First consol mortgage* 3%s ser E 1904
April-Oct
First consol
mortgage 3 Vis ser F 1990—Jan-July
First consol mortgage '3Vis ser G
2000—Jan-July

95

i

97%

June-Dec

1_—

3

48%

•

General

70

93 7

*96%

Feb-Aug

1983—g.

71

99

•

April-Oct

K 1983-^

Columbus &- Boutil

Co.23As

Erie Railroad'Co—

.

<

-

95

59%

1995—LJ«ne-Deo

Energy Supply Schwaben Inc 5 Vis

76%

—-

1977;

3%8 debentures series F J981
'4%s -debs series.;G: 19AJU.

f

82

-<74%
;,*94

1975

C

13

101%

,

90%

80'

96

71

5s conv subord debs 1973
;
May*No»
Edlsou El 111 (N Y) first cons
gold 5s 1995-Jan-JuZp
Elgin Jollet & Eastern Ry ,3%s 1970
_Mar-Sept

;

81

4s

■

2%s

fy2s debentures scries E.J980—
%s debs -series D •••1979-1-^

4%s debs

66

Light

Eastern Stainless

,

75%

,59

93%

*45

—Afar-Sept
—May-No*

1st mtge 4Vis 1989
*——
Eastern Gas; & Fuel Associates 3Vis

93

t A 8514

,

26

^_May-Nd»
Feii-Aug

s.

gold

4%s

93

89%

83

96

Mar-Sent

1980

lien

106%

87%

9(3

Jan-July

^——June-Dec

subord debentures; 1977debentures 1978

f

mortgage

1st

74%

81-

85%

first

1984

O

mortgage 2^83 1979
mortgage 3%s 1983

1st

84%/,

;701i

:

s

1st

83%

.

conv

Duquesne

System Inc—1

debentures

s

j

70 V

*81
85

May-Nov

i

,3%s debentures series

27/«s

83%

: 101

N

Dresser Industries Inc

-

77%

9

series

103

8

(36%

95%

Mar-Sept

Chemical 2.35s debentures
3s subordinated
debs
1982

94%

97,

43

ser

3'As

Mack

96

1982__May-Sept

1969

Dow

100%

,

2%s

5s

92%

66 Vi

•

ref
ref

is

98%

90 Vo

&

1

89

*82
-

Jan-July
-April

1971—i

&
8s

89

(3%

1970
series I

debentures

debs

81

103 % 103%

—June-Dec

ret mtge 2%s ser;J 1985
& ref 3%s ser K 1976

convertible

87%

RR—

Douglas Aircraft Co Inc—

•_

88

Mar-Sept
Apr-Oct
April-Oct
Jan-July

——

3s debentures series' A

First

■

•;;•

' 88-'a

'■

••-

Mar-Sept

Cleveland ^liort Line first gtd 4'/2S 1961
Colorado Fuel & Iron .Corp 47/«s 1977

3s

i

98

79 »"

'

160 tb
39

90 %
.

Jan-July

•

991a 100 A

91

—Apiil-Ocf

1993—

__May-Noy

&

conv

*■27;

82%
78

81%

:

May-Nov

II

150%

76

'

May-No?
April-Oct

2%s

105%

114%

81%

Apr-Ocl

,

66

7^92%.
w7;'-77f7

Jr-

*79 •'•-

June-Dec

1994__

4%s

V

1985

series

25%

100

6

'"""7

1985

refund

25%

78

1973—May-How
May

Light 3s 1973
tr 37/is 1988

3s

aiul

30

118

78%

*

1 .5

,

13%

Div

,

.

.

ser

Grande Western

Edison

101%
130

78%

May-Nov
Co—

Second
gold 4s 1995
;
.June-Dec
Terminal & Tunnel 4Vis
1961__l._May-Nov
Detroit Tol & Il'olUon RR 2«!iiS ser B
1976_Mar-Sept
Diamond Gardner Corp 4s debs 1983

93%

.

mtge

-1st -mtge

RR

Detroit

98%

*8914

—

.

6Sf

i 92%

93

17 '88,7

88

Wab & Mich Div 1st 4s 1991_Jan-JuZj/
St Louis Division first coll.trust 4s
1990_May-2Vo»
Electric Illuminating 3s 1970
..Jan-July
First mortgage 3s 1982
_June-Ocf

1st

83

.,.,'9314

—

•

Cincinnati

1st

7

64

& Sfc Louis Ry—:

1985—

1963

Western

mortgage series A (3% fixed
contingent interest)
1993
mortgage series A 4%% 2018—'

Detroit

•

.$78". "%771a;'" 78:7.7":

Cleveland

2%s

extended

A

Gen

102105;

—

mortgage

Rio

3%s

78

82

v

68

62 Vi

<»*021a>

General'Ss series B J9'93_r
June-Dec
Refunding and impt. 4 Vi'S series E 1977—mm-July*

1st

4s

Gen

77.%:

;x.j.-;?3V; 93*/« 7 /: 7% 4

Mtv-Sept

1993—

Jan-July
Feb-Aug

tr 4Vis ser B

&

3%s

"

General

Power

&

Gen

67

May-Nov

'■

Hudson

mtge & coll

Gen

77%

;v *93%.

First mortgage gtd;3%s series E 1969
Feb-Aug
First mortgage 2%s series G 1974
—Fdb-A«g
O I T .Financial Corp ,4s debs
I960—,
Jait-July

debentures' j 197.0—----r—

:

1983_—

York Lackawanna & Western
and
refund M scries C

General

;

-

■4Vis -debentures 1971—.'
—^
.!—,
Cities Service Co..3s.s f debs 1977_;

1977

debs

101

125

—Mar-Sept
—May-Nov
—Aprit-Oct

1965

.First

Detroit

72 %

,

3%s

1j2

o (>7a

73

59%

.

^Jem-July
Jan-July

r_

1984\

3s

101%
130

Feb-Aug

debentures

debentures
subord
&

1982

5s .1987—-—

Co. 2%s

,

1

Jan-July

Denver 8s 8all Lake Income
mortgage
»
fixed lie /contingent

82%

64%

7.103

Co—

*

3%s

mortgage

1%

83%

.6654

.,'211,

.6214

1st coll trust mtge 4%s" Iser A .1982
May-Nov
Cincinnati Gas 8c Elcc ,1st mtge 2%$ 1975_April-Oct
1st mortgage 4 Vis, 1987——i
Cincinnati Union Terminal—.

April-Oct
Mar-Sept
1975—Aprll-Oct

'Income

-

.

mortgage

First

I

65

J

103

Feb-Aug

"

1963_'

-

71

:

■j 12

r

Jan-July

2t'»s}.series G 1963

Chicago & Western Indiana

60%-

78

2

-'■/

,

—__Jan-July-:

1994-—_

Chicago UnJjm Station—
V,.'
First morlgagc 3 Vis-scries F

62

*61%

rciiHuliiVg nilgtf 2%s-4?%s 1994. Jan-July
•

23

Den-vor

59%

,',63%

64-%

delis,.J995—Mar-Sept

2%s-4 %s

:,79

r681a-68%

-1989Ja«-July

1st mtge «>%k ser C
"I9832__^ir —___
Chicago Terra Haute & -Southeastern Ry—

10

1st

82 V4 -t

54:

*77% .'81 ;•
08%
r-UC/H

1999—-April

Chicago Rock Islapd & Pacific 11R'.—
1st mtge ?7lis ser A
1980X

12

interest) -1993;

Jan-Jul*

lnc""4%s

series D

lis

26

*10%

Delaware

8114

54'

/

,?48'r-.52!7.

W'esteip Ry—': ^
conv

mortgage

June-Dec

ilst mtge 8s coll

-

97

-

-

Chicago & "North
y.ASecond nrfge

1970

Pennsylvania Division—
i
1st mtge & coU tr 5s

8314

90

•

,

.%7*./ 74.7 t !;.

General mortgage 4Vis 1tie ser
^ Jan 2019—April
4Vis cony lucrcasc'd series B
Jap 1 2044
April
A5s Inc debs ser A Jan I 2055^
IMar-Scpi

.

B

...

RR—

A1

-

series

Alncome mortgage due 1993—
Morris & Essex Division V
Collateral trust 4-6s May 1 2042^

.

.

Chicago Milwaukee St-Paul

4s

10%

.

:

29

,*.9o ,;

12%

:

Delaware Lackawanna &

82;.

%—•

'.-,'60%:- 60'ii'

'90

10

*10%

;

;

•'

A

11

June-Dec

Delaware

7,:

/.;.«957-i> 99%.:

60%

_,

Great

,

■

2054_____

13%

*9%

1970

'

First moj'tgiigo 3riYs. series ,B

w

87

81.

____—Z-'eb-Aug

Chicago & Eiisl(Wir. Ill ^,11—.
v.
AGpneral mortgage hie cony' 5s 1D07
April

13%

June-Dec

A

,3 Vis
.4Vis

"

••

ince

High

series

New

"•81/ '

3

x

••

s

Jan. 1
Low

4s

1st: mortgage

'■%

.

Range

No.

ref

First

92%
96

Bends
Beid

lien &

Deere. &

96

,.

Jan-July

High

lien,& ref

Imp 81 equip 4s 1970

First

86%

<

ts 96

'83 Va

•.'>8i;^-; 90

•v

t

92%

.

v

!

122%.:

91 '

-

95%

;.

783.1a

>

refunding

1st & ref lufge.3s

92%

-81

Thursday's

Low

Dayton Power & Lt first mtge 2%s
First mortgage 3s
1978^
:

-96% 103%
>79%' .87. '

12.

■

,

First and refunding. mortgage

•108%

or

Bid & Asked "

>

mortgage 4s June uO 1970

ACurtis Publishing Co 6s debs 1986
Daystrom Inc 4%s conv debs 1977

;

94

Week's Range

Last

Sale Price

A 1st

117%

1

114lie

u

93

106 %

Period

A 1st

A

9014

180

107

A 1st

49

80%

'

r- 108% F
..<93 Va
93 Va :V_

107%

gen 4V2^ 1992
Mar-Sept
inipt M .3J/2S series D 199G--May-W0U

Refund and
Refund

421i

90

Interest

-

Cuba RR—

High

65

v;r;,

/^9ij,a':

Jan-July
1965__Jan-July
:

Low

Thursday

BONDS
''
New York Stock Exchange
-

J 1

•>

•

-Jan. 1

•

'

■

•

Range since

No.

44Pi

->t9o

;

.

iilgii

FOR WEEK ENDED JULY 3
*

Bonds
Sold

80%-80%%

>

deb

RANGE

Thursday's

43?»'

_Feb-A«g
Feb-Aug

1979—

Paper

43i i.

April-Oct
1974

19(38

r

subdrd "debs

conv

Champion

or

Bid & Asked'
•L.OW

1987

series

Week's Range

Last
Sale Price

Period

New York Power 3s 1974
Pacific Ry Co—
and .refund. 3Vis series A

Central

Thursday

Interest

89Vi

101% 102%

57 Vi

57 Vi

16

15%

60
16%

97

105%

10

100%

85

50%

66

52

15

28%

27

The Commercial and Financial Chronicle

28

.

.

Monday, July 6, 1959

.

(72)

NEW YORK STOCK EXCHANGE 3 BOND RECORD
WEEK ENDED JULY
RANGE FOR'

Thursday
BONDS

Interest

>

Period

New York Stock Exchange

Bid & Asked
Low

2%a eerles A 1981__Jan-July
Plrst mortgage 3s series B 1978
,—June-Deo
ZH Cent RR consol mtge 8%b ser A 1079—May-Nov
Cpnsol mortgage 33As aerlea B 1979
May -Nov
ConsoITn'ortgage 3%a aerlea O 1974
May-Woo
Consol mortgage 3%s aerlea P 1984
Jan-July
1st mtge 3 Vis series Q 1980
Feb -Aug
1st mtge 3%s series H 1989
—^».Mar-5ept
8 Via s 1 debentures 1980
:——Jan-July

1st mtge

1st

4%s

mtge

International

Mar-Sepl
Jan-Julf
Jan-Julf
Feb-Aug

eerles J 1981—
K 1987

ser

4%fl

-

1989—-

L

series

International Tel & Tel Corp—
4%3 conv subord deba 1B83
Interstate Oil Pipe Line Co—
b
s

87

75%

75*/.

80

88

88

237

97

18

96

104%

99%

99%

20

99%

May-Wot

104 Vi

98%

99 Vi

42

98%

104%

May-Not

-

t debentures eerles A 1077—

f debentures

Jan-Julf

98%

91

91

92

*87

Afar-Sept

87
97

98%

96

84%

KLM

122

128%

*76-I

1976—Alar-Sept

j

168

subord

debs

92

—Afar-Sept

108%

107% 109 Vi

& Michigan Ry 4s 1990
Apr-Oct
City Power & Light 2%a 1978——June-Deo
Ry 3Vis ser O 1984_june-Deo
Kansas City Term Ry 2%s 1974
Apr-Ocf
Karstadt (Rudolph) 4 Via debs adj 1963
Jan-July
Kentucky Central 1st mtge 4s 1987
Jan-Julf
Kentucky & Indiana Terminal 4%a 1961
Jan-Julf
Stamped 1901
Jan-July

79

—

1901

—

Jan-July
Jan-July
Jan-July

—.—

1961

*

Kimberly-Clark Corp 3%s 1983
Kings County Elec Lt & Power 6s 1997

Koppers Co 1st mtge 3s 19G4
JAKreuger & Toll 5s certificates
Lake Shore

3Vis

Mich

&

registered

81%

1st

South gold

&

ref

5s

C

fixed

6s
D

4s

E

4Vis

ASerles

F

Feb-Aug

Lone Star Gas

1980

Afap-No*
—,,Afap-No?

1976

4%s debs 1S82

Aprll-Oct
Afar-Sept
_ApriZ-Oct

First & refund
mtge 33/8s aer F 2003
April-Oct
F rst & refund
mtge 2%a ser G 2003
April-Oct
F rst & refund
mtge 3%a ser H 2003—-April-Oc\
First & refund
mtge 3%a ser I 2003
April-Oct
St Louis div second
gold 3s 1980
Afar-Sept

Louisville Gas & El 1st mtge 3%s 1984_
1st mortgage 4%s
1987
(R H)

Central

subord

deba

1977

RR

Martin Co 5%s

deba

3%a

conv

(J Ray)

1978

\

57%

41%

34%

44

42%

42 Vi

43

8

38

46

72%

72%

6

71

74%

105%
106% 106 Vi

'100

99%

•

.

G

126

130%
90 Va

7

90

97%

*86%
82

31

'

86%

86 3 a

75%

75%

67

67

82

82%

86

1

First

1973

5

66 Vi

84%

72

78 Vi

99% 100

99

<58

83

126Vi 128 Vi
87'i

64

87%

6

99% 100%

16

96

103

83%
'

.

84%

—

103

103

3

99

102

78

*90

C

84 Vi

86

79

85 Vi

79

93%

100%

79%

'

*82', i
93

93

93

10

90

82%
94%

93

93

2

93

94%

—

—

*«r

>

Feb-Auo

~Anril-nri

P

debs 1986

(quar)

F M A N

93
85

111 Vi

;

93

85

111% 113

2

92%

98 Vi

1

85

85

87%

40

65...:

67%

ser A Jan 1991

June-Deo

1962
D
6er

Jan-July
1978
A

Jan

1967

Gen

mtge income

aer

A

Jan

1

2020

6s Income

43/4b eer B Jan 1 2030
debentures Jan 1 2045

4 Vis

trust

1970

Malone first

3Vis

gtd 4s 1991

series

B

1966

Monon Railroad 6s inc debs Jan 1 2007
Morris & Essex first gtd 3 Vis 2000Mountain States Tel & Tel 2%s 1986

debentures

1978

3s debentures 1970

June-Dec

_

May-Wop

National Tea
f

a

*»

Co 3 Vis cony 1980
debentures 1977

England Tel & Tel

First
3s

guaranteed

debentures
debentures
For

4Via

62%

71%

6erlea

B

1961

84

92




'l

83%

78

84%

66

74

66

65

73%

31%

43

72 Vi

73

143

70%

76%

72 Vi

71

72%

232

69%

75 Vi

62%

63%

81

61%

71%

59 Vi

60

155

58

68 Vi

166

55

65

93

98 Vi

62s

64

85

88

44%

53%

Afap-Nov

57%

58%

*93

63

59
95

Vi

116

-

63 Vi

1

*85%

91

50

49%

50

32

52

50%

52

50

*68%

83

*

106 Vi

-

105

------

107

85 Vi
87 Vi

54%
77

88

88

78

—

50

68%

84

*78

78%

28

102%

115%

85%

50

84%

89%

87 Vi

8

86

91%

Vi

85%
96

Vi

85 Vi

18

85

96%

96%

18

96Vi

90

104

*86

90%

87 Vi

86

88Vi

*80 Vi

84

79

87 Vi

90

Vi

90 Vi

2

100 Vi

115

117

67

99

117

0

Afar-Sept
29.

.

72%

99

3

—

*79Vi

86

89

114Vi
98

96%
140

105%

146
V

100

102

76

79%

79 Vi

86

-r

1975
2%s 1980
& Electric 2%s
3%s 1982
3%s 1988—
4 Vis 1987

4%s

Co

•80%

—

79 y8

5
-

•!•;-••

.

'l

70%

75

3

70

74

58

4

56

62'A

60%

67%

4

*62

64%

44%

42

44%

125

42

51' i

24

23 Vi

24%

128

23%

33%

7

■

70

*78 Vi

80

*62 Vi

641 i

—

*57

62

__

54%

26%

54%
27 %

77%

Tel

78%

80%

Apr-Oct

1978

'

RR—
sinking

-75

76%

6

General

series

5s

series

A

4%s

B

AIncome

4s

scries

April

98

31

97

93

20

91

97

73%
74%

79 Vi
78

*73%

74%
—2

*75

77

85%

06

117

115 % 117%

102%

101% 102%
92-'
92%

4Vis

First

&

&

First

&

First

&

First

&

First

&

First

&

&

First

&

First

lst

&

&

mtge

84

88 %

98

lOOVi

v

97%

103 Vi

1

90

98

a*..*

99%

24

98% 104%

84 Vi

84%

98

98'?i

98

85

21

84

95

86%

90

60

66%

*75

83

60

60%

GO

60

82 Va

84 V

43

•

58

93
94 Vi

81

—

64

81

88%

1

8

2

*88 %

81%

81%

92

92

83

79%

82%

97%

77%

77

78

77%

97%

99%

92

96%

77-%

5

4

92

*76%

76%

—

102 Vi

ii6y2

163

~2

129% 130
*—

76%

72%

88%

77%

77%
76

*81

Vi

75 Vi

80

75

*81

76%

IOO
29

*100% 101
130

*5%

82%

76"%

76%

81

83

84

*—

88%

97

97 Vi

5

123% 126 %

364

210%

129

367

210%

129

77

97%

126

125%

123

126

97%

98 Vi

108

98%

97"

92

92 Vi

*—

109

88%

Vi 109

105%

32

93

*93

99%
95

118%

86%

84%

95 Vi

86

83 Vi

82

83 3

11

83%

90 Vi

8

86'i
84%

77%

94%
102%

83%

90%

a

23

80

B7

77%

5

76

83 Vi

*79

88

77

i

73%

73%

79

75 %

75 >4

75

81 Vi

*75%

77%

74%

82

*76

77

75%

81%

83%

83 y*

80

78%

87

77

77

83%

75%

83%

*83'%
80

80

*75'%
6

97

96

Vi

96%

86 V

8

87

103

14

103

91

10

90

96%

98%

46

97

104 V i

72

15

70%

80

71

77 Vi

73

'4

70%

82

81%

4

79

77

90

97%

97 7

72

70%

«

5

70%

*72
73

Vi

77
«

71

89%

85

82%

81%

2

82%

95 Vi

82%

79

6

97
104 V i

104
90

81

"5

79'%

79

77

82 y8

83 Vi

79

81 Vi

10

78

77

78

84 Vi

95%

94

15

106

88

82%
•89%
88

100%

'

93%

*79 7 i»

79%

2

95 Vi

78 y4

*92

79%

84%

76

99%

101 Va

94 V .'t

95 3 «

57

92%

97%

-June-Dec

98%

30

94%

73

73

74

33

73

79

72%

72

73

23

71%

79

6

.58%

63

1968

D

April

1990—

series C

4%s

83

•

98

97 Va

1986

"ne-Dec
Ma, NoVj,
May-W<;
June-Dei
Feb-Aug
Jan-July
i__June-Dec
.—April-Oct
—Mar-Sept
»

%

59 Vi
-1

98 Vi

5

98%

99

60 Vi

60

%

16

60%

69%

79 Vi

79%

3

.'79%

951.4

95 Vi

5

93%

96%

82%

85%

*98%
60 Vi

95%

*83%
82 Vi

82'%

89

88

79

78%

,

—

„

1

82 Vi

'

81

87.,

85 Vi

——

80

*83%

86

91%
83%

74%

ei'/a
83'/a

83 y2

5

10

77%
80

89

79

*74

85%

77'%

77Vh

3

76%

75%

77 Vi

77 Vi

3

75%

82%

29

99%

106 Vi

100%. 100%
*87

Afap-Nov

June-Dec

100%

100

59%

1977—.;—. —Jan-July

Corefunding. 2%§ 1971—
refunding 2%s 1967
refunding 2%s 1974
refunding 2%s 1981
refunding 2%s 1978
refunding 3%s 1982—
refunding 3 Vis 1983
refunding 3Vis 1985—
refunding 4%s 1987
refunding 3%s 1988

ref

84

94%

Philadelphia Electric
First

5

83%

84

86 y3

98%

Marquette Ry 3%s scries D 1980—Afar-Sept
Philadelphia Baltimore & Wash RR Co—
General
5s
series
B
1974
,
Feb-Aug
gold

98
90 Vi

3

1

83 Vi
«

99%

—

,

86%

— —

86

106%

tSl

1

92

867i

83%

85%
130 >/2

97%
86%

%

99%

24

t-

103

.113%

139-

Pere

General

83%

100%

1981—,
—ApriZ-Oct
General mortgage 4 Vis series E 1984
Jan-July
General mortgage 3 Vis series F 1985
Jan-July
Peoria & Eastern first 4s external I960—ApriZ-Oct
General

83
81

76%

4%s*19G0——Feb-Aug
1965——.——June-Dec

fund

Consolidated

4Vis

84

77%

78
75

97%.

98

198G

General"

31%
78%

76%

4

3 Vis

Pennsylvania

57

26%
71%

93

76*

1975-

debentures

2%s

debentures

&

60

50 %

23

*80%

64

56

*72%

4

82%

61

2

26%

54 %

74

78

75

*71

refunding 3Vis series I

Tel

84 Vi

69%
84 Vi

70 >4

April-Oct
Mar-Nov

1985—June-Dec
April-Oct
debentures 1987
April-Oct
3%s
debentures
1978——-—Afar-Sept
3%s debentures 1983
Mar-Sept
3%s debentures 1981
:
May-Woo
3%s
debentures
1991——
Feb-Aug
4%s
debentures
1988———
Feb-Aug
Pacific Western Oil 3Vis debentures 1964—June-Dec
Pennsylvania Power $ Light 3s 1975.,-,--April-Oct
27/is

82

64%
82%

64%
70'i

57'

June-Dec
Mar-Sept

1966
June-Dec
1970
June-Dec
1971—— June-Dec
First & refunding 3s series L 1974——June-Dec
First & refunding 3s series M 1979
June-Dec
First & refunding 3s series N 1977
June-Dec
First & refunding 2%s series P 1981—-June-Dec
First & refunding 2%s series Q 1980
June-Dec
First & refunding 3Vis series R 1982
June-Dec
First & refunding 3s series S 1983——June-Dec
First & refunding 27/»s series f 1976— June-Dee
First & refunding mtge 3%s ser U 1985:June-Dec
lst & ref M 3%s series W 1984
June-Dec
1st & refunding 3 Vis series X 1984
June-Dec
1st & ref M 3%s series Y 1987
June-Dec
1st & ref M 3%s
series Z 1988
June-Dec
lst & ref mtge 4 Vis series A A 1986
June-Dec
1st & ref mtge 5s series BB 1989
June-Dec
lst & ref 3%s series CC 1978
June-Dec
lst & ref M 4Vis ser DD 1990—:
June-Dec

Pacific

58

84

70

&

First

lOOVi 100%

April-Oct

page

87%

33%

Feb-Auo
•

1974
see

—IIMay-Wop

Co—

1982

footnotes

"22

32 Vi

Afap-Nov

00

65%

32%

Afap-Nov
ApriZ-Oct

8Via debentures 1976
June-Deo
National Distiilers & Chera 4%s debs
1983_Afap-Nov
Natl Distillers Prods 3%s a f debs
1974—ApriZ-Oct
National Steel Corp Lst 3'/aa 1982

New

83 Vi

55 Vi

71%

*64 Vi

June-Dec

1986

83%
it

59 Vi
_

Afar4Bept
Mar-Sept
Feb-Aug
April

Nashville Chatt & 6t Louls3s ser
1986—Feb-Aug
Natl Cylinder Gas 5 Vis conv debs 1977
Mar-Sept
National Dairy Products 2%s debs
1970—June-Dec

1st mtge 3%s

79 Vi

62 Vi

.

43/4S

83%

Jan-July
AprfZ-Oct

6Via subord income debs 2033
Jan-July
Missouri Pacific RR Co
Reorganization Issues—
1st mtge 4 Vis series B Jan 1 1990
1st mtge 4Vis series O Jan 1 2005
•

mtge Income

*86Vi

Jan-July

1962
5s

Gen

3

35

•

RR—
A

series

adjustment

116
'

67 Vi

40-year 4s series B

92

Apr-Oct
.—..June-Dec
June-Dec

refunding 3s scries J
First & refunding 3s series K

81

95%

*94

Gas

Paper

First &

90 Vi

79„%

1988—

4s

conv
Pacific Gas & Electric Co—

110

93

1976

series

99

Jan-Julf

1972

Missouri-Kansas-Texas

mortgage

Oxford

100% 106

1969—Afar-Sept

1967

Missouri Kansas & Texas first 4a 1990

3yes

85

82%

61

Monongahela Ry

84

<

98

3

80%

&

85 Va

79

60

Mohawk

83 %

81%

80

coll

104%

83

80

*

1979_~_Jan-July

98
^

80

Vis

97%

89

50%
83

70 V-4

84%

Feb-Aug
lst
mortgage
_Mar-Sept
1st mortgage
—June-Dec
1st
mortgage
—Jan-July
Olin Matliieson Chemical 5 Vis conv 1982—May-Won
5 Vis
conv
subord debs 1983
Afar-Sept
Oregon-W'ashington RR 3s series A 1960
April-Oct
Owens-Illinois Glass Co 3%b debs 1988—June-Dec

.

60

4

131

82%

90

May

lien

lst

87

118

84%

—

May

ACum

101%

59'A

70%

Aprll-Oct

2%s

mortgage

Oklahoma

■

*83

100%

97 Vi

54

53%

70'

60%

.—Mar-Sept
Jan-July

1986-

4%s

mortgage

58 3i

50

Co—

Power

1st mortgage 2%s 1977—
mortgage 4%s 1987———;

First

101 %

*82 Vi

68%

f-i'm.

57

—

64 7 a

Quar-Feb
Jan-July

Northrop Aircraft Inc 4s conv 1975
Northwestern Bell Telephone 2%s 1984
Ohio Edison first mortgage 3s 1974

78 Vi

101%

*97% 101%"

• i-

56

*80

Quar-Feb

-

2047

mortgage

First

1st

80

80

2047

1

(Wise)

85%

76

>

71

2

eral mortgage 4s Inc

Prior

78

70 Vi

*76

Afar-Sept

Co-

f inc

5s

75 Vi

States

First

Vi

67

*71%

June-Deo

debenturea

lien

92

Jan

>

85%

•85%

mortgage 4 Vis Inc series A Jan 1971

Prior

%

—QuarJjan

1997

3s

(Minnesota) first mortgage 2%s 1974—Fcb-AUg
First mortgage 2%s
1975
—
April-Oct
First mortgage 3 Vis 1984
—_Aprll-Oct

97 Vi

7

82

82

lien

registered

Northern

88

93

'

14

;

,

19.97—Quar-Jan

4a

Refunding & improve 4%s ser A 2047
trust 4s 1984—
:

100

83%
6

94

'

*80Vi

^Jay-Won

—

Coll

93

98%

88

"94

registered

3s

177

90

s

General

162%

55

70 Vi

58

•91%

*83 Vi

Aprll-Oct

1980

f debentures 1978
Northern Pacific Ry prior lien

101

119

2

mortgage

4%s

69%

60

2

10

mortgage

4s

106 Vi

302

90

130'A

Minn St Paul & Saulte Ste Marie—

...

63%

32%

8

2%s

mortgage

22

■

59%

53%

*52'%

consol gtd

first

Putnam

&

First

4i/28 eerles

f debentures

s

65

24

Feb-Aut

3 Via debs

RR

llinneapolis-Moline
0a subord

59%

it

subord

f

55

53
'

Feb-Aug

Minneapolis-Honeywell Regulator—
a

46

..

??,US P&*, Slr,st mtg0 31/28

a

5

60

& Co—

3%s sinking fund debenturea

3.10s

46

Afar-SeDt

1980_.

43/eS debentures 1991

3%8

67%

*

deba 1975
Jan-Julf
Metropolitan Edison first mtge 27/8b
1974—May-Wop
Michigan Bell Telephone Co 3%a 1988
Aprll-Oct

Central

60

Feb-Aug

Merritt-Chapman & Scott Corp—

Michigan

5

Jan-Julp

subord debs .1972

conv

62

37

May-No?

Ro,>Wns
4%a

75

87Vi
100 Vi

May Stores Realty Corp—
Gen mtge 5s a f series 1977
McDermott

70

35%

126Vi

f debentures

s

11

-

3 Vis 1983——
Aprll-Oct
3 Vis 1983
Fcb-Aug
4%s conv debentures 1972
Feb-Aug
General mortgage 4%s 1987
Mar-Sept
Norfolk & Western Ry first gold 4s 1996—Aprll-Oct
Northern Central general & ref 53 1974 _Mar-Sept
General & refunding 4Vis ser A 1974—.Mar-Sept
Northern Natural Gas 3%s a f debs 1973-May-Noo
3Vis s f debentures 1973
———May-Won
3%s s t debentures 1974—
May-Won
4%s 8 t debentures 1976
——
-May-Won
4%a s f debentures 1977
May-Won

79

-

2007—Jan-July
A 2022
May

62 Vi

2

55

series A

4 Vis

mtge

Y

General

99

72

mtge conv inc 4 Vis ser

General

34%

Feb-Aug

f debenturea

a

refunding mtge 4s ser A

&

71 '

*51V

_3fap-Nov

1973
_
& Hartford. RR—

General

36 Vi

Feb-Aug

May Dept Stores 25/ae debenturea 1972

aV4s

94

73

*57%

"ex wts"

1968

80

35%

1978

5 Yea

Haven

81

.

59%

Y Power & Light first mtge

64%

72

37

Fcb-Aug
Mar-Sept

1908—Mar-Sepl
& Co. 27/es debenturea 1972—Afap-Noy

5a..conv subord

Maine

60
—

70

1

April-Oct~

debentures 1978
Louisville & Nashville RR—

Macy

62

2
■

4G

_

3Vie

5Vis

2%

77%

*51 %

1976_June-Deo

1976

Mack Trucks Inc

96%

~

Long Island Lighting Co 3%s aer D
Lorlllard (P) Co 3s debentures 1963
debentures

123

62

May-Nor

May
May

Vi

1%

'

•■■■«.

95 Vi

71%

711

—May-Nov

2003

,

77%

Jan-Julf

2003

Vilj

92%

1

2%

*96%. 99

J—Afap-Noy

interest

95

lirrj

93

*1%

96

92 Val1 92
86 %L^95

15

135

93

Feb-Aug
Feb-Aug

contingent Interest 2003
May
Lehigh Valley Terminal Ry 5s ext 1979
April-OcI
Lexington & Eastern Ry first 6s 1965
Aprll-Ool
Llbby McNeil & Llbby 5a cony 0 f debs '76_June-D««

debentures

ill

Vi

45%

—_

67

2003

contingent

-

^

80

5s

4.50s

.."

87%

80%

GO

contingent Interest

Lockheed Aircraft Corp—
8.75a subord debenture!

New

B

1973
—Jan-July
2%s 1975—Afar-Sept
4s 1993—April-Oct
N Y Susquehanna & Western Rlt—Term 1st" mtge 4s 1994
*
Jan-July
lst & cons mtge 4s ser A 2004
Jan-July
AGeneral mortg«ge 4Vis.series A 2019—-Jan-July
N Y Telephone 2%s series D 1982 —
Jan-July
Refunding mortgage 3 Vis series E 1978—Feb-Aug
Refunding mortgage 3s series F 1981—Jan-July
Refunding mortgage 3s series H 1989—Aprll-Oct
Refunding mortgage 3%s series I 1996—April-Oct
Refunding mortgage 4 Vis series J 1991—Afap-Nov
Ref mtg 4%s series K 1993
—
Jan-July
Niagara Mohawk Power Corp—
r
General mortgage 2%s 1980
Jan-July

89 Vi

92

'2043—

A

N

95%

——

*94

*77

1970

^

4

*96%
86 3 a

April-Oc*

3Vi» A

Interest

series

lst

84
..

Aprll-Oct
Afap-Nov
—Jan-July

Mortgage 4s series B 2043—.———-Jan-July
Y Lack & West 4s series A 1973-,
_Afap-Nov

N

93

:

93 Vi

93 Vi

81

series

4s

.

53 V

1998—
& St Louis—

Chicago

Y Connecting ItR

Y

61%

,u

Feb-Aug
3 Vis 1998TFeb-Aug
Feb-Aug

Ilarlem River & Port Chester—

84

-—45%

—

•

—

62

B,4%s fixed Interest 2003

ASerles

89

Vi

62

1984.

stamped

ASerles

*83
93 V*

78

99%

*95%
*45

——

.

61

collateral

registered

•

River RR—

3%s 1997——.—.—_Jan-July
1997
U—r—Jan-Julp
gold 3 Via 1998
Feb-Aug

mortgage

registered

York

First

81V*

81

Hudson

Central &

Y

N

79

80%

3

—

June-Deo

Series A 4s fixed Interest 2003
Series

—

3%s '97—June-Deo

1st ie ret Gs stamped 1974
Lehigh Valley Harbor Terminal Ry—
1st mortgage 5s extended to 1984
Lehigh Valley Railway Co (N Y.)—
1st mortgage 4%a extended to 1974
Lehigh Valley RR gen consol mtge bds—
Series

*76%

Aprll-Ocl
Aprll-Qcl

•

5s

90%

79

3
—

1959—Afar-Sept

1997

Lehigh Coal & Navigation
Lehigh Valley Coal Co—

3s

80 Vi

103% 122 Vi

178

79

81 Vi

Kansas City Southern

unguaranteed

95%

4 Vis

89

•

Kansas

4Vis

•88%

A General

1979—

Kanawha

Plain

95

Mortgage
N

Royal Dutch Airlines:—

4%b conv

93%

2%s series B 1975
N Y &: Ilarlem gold 3lis 2000

99 V a

76%

—

*90

Alar-Sept

75 Vi

94

N

135

2%a
Joy Manufacturing 3s,is debs 1975

69%

Refunding mortgage 3 Vis series E 1980 -June-Dec
First mortgage 3s series F 1986———April-Oci
4 Vis Income debentures 1989—;—
—June-Dec

90

113%

Jersey Central Power & Light

62%

148

New

89Vi

Jan-July
127Vi-

145

72%

registered 1998_
;
Michigan Cent collateral gold

151% 245

172

Interstate Power Co1 3%a 1978
Jan-July
I-T-E Circuit Breaker 4'Aa conv 1982——Aprll-Oct

1987

65

70 Vi

1998

series A

4s

3 Vis

96

90

10

205% 222%

220

64

71%

3 Vis

1

69

64%

3Vis

96%

94

60

61%

Lake Shore

99%

87

60::'i

General

93

97.

el

71%
-82Va

61%

88

86

90

High

Feb-Aug

N

263%

81
6

86

86

86

—

eo
71%

Refunding & Iinpt 4Vis series A 2013—April-Oct
Refunding & Iinpt 5s series C 2(|13_.—Aprll-Oct
Collateral
trust
6s
1980
-April-Oct

78%

75 Vi
-

«

'86

Consolidated

77%

Low

.

'80

1977—May-Woo

.

'■'■v.

4Vi8

87

Mar-Sepf

3%s

'86

85Vi

*71 %

Jan. 1

No.

81

■

Range since

Soiu

High

-

1974

Jersey Power & Light 3s
Orleans Term lst mtge
New York Central RR Co—

'79 «i
*77%

*.

New

89%

Bonds

Bkl & Asked

New

89%

-89

Thursday's

or

Jersey Bell Telephone 3Vis 1988
Jan-July
New Jersey Junction RR gtd first 4s 1986—Feb-Aug

86

Vi"

Last
Sale Price

New

80

Harvester

Credit Corp 4%s debs eer A 1979

International Minerals A Chemical Corp—
8.05s couv subord debs 1977—1-

3Vet

83 Vi

®>89

Period

,

Ik)w

High

73

32

Mm-f^ni.

Inland Steel Co 3Vis deba 1972
1st mortgage 3.20s aerlea I 1982
1st mortgage 3%s

Low

78

75

*80%

New York Stock Exchange

Jan. 1

No.

Interest

BONDS

Range since

Sold

High

73%

75

Week's Range

"

Bonds

or

Sale Prico

Illinois Bell Telephone

Thursday

Week's Range
Thursday's

Last

97%

97Vi

88
97 Vi

■

__

3

87

95%

84

93
104

.

Number 5861

Volume 190

.

The Commercial and Financial Chronicle

.

.

2£r

(73)

NEW YORK STOCK EXCHANGE BOND RECORD
RANGE FOR WEEK ENDED JULY 3
BONDS
New Turk Stuck

Philco

Week's Range

^"st*7

Interest

Exchange

Period

or

Sale Price

Low

Corporation—

4V4S

suoorct

couv

Phillips

debs

—_4pr-Oct

2%s debentures
eubord debs 1987

conv

112

guaranteed

guaranteed 4%s

4'As

112%

General

"72%

ser

ser J

"9752

Plantation

3%s

Potomac

3%s

debentures
debs

April-Oct

90

First and

and

and

First and

3%s
1st

3%s

J972_
1975.

debentures

Quaker
Radio

Oats

Corp

of

3'As

Reading CO first & ref 3'As series
Reynolds

<R J)

Tobacco

3s

106

93

gADiroct mtge 7s 1950
§ A Direct mtge 6s 1952
Debt

5Vi/ series
4

series

*s

Rlcfe&ield

»R4s

Oil

foster

.

C

1978

Rohr

5 Vis

McBee

gold 6s

ASecond
1st

mtge

mtge

4s

inc

series

13

bond

4s

Jan

Bt

Paul

Union

1st

s

Air

f

Line

RR

series

(Jos E)
debentures

4%s

subord

B

Bears

1982

Pipe

5 Vis

Bhell

debs

1980

Oil

Oil

f debs
debs

debentures

5Vis

Marchant—

subord

debs
2'As

conv

*85%

2%s

86%

f

s

S.

25

115

67

112%

7

74%

70'A

76 3A

71'%

71%.

2

71%

72%

31

70%

79 Va

80%

14

73%

82

—

81

81

72.

45

69 Va

78%

71%

71%
*86 %
*79

92

86%

107'A 108%

127

101%

*79

79

99]4
99

*

120%

—

100%

105%

48

112

84'A

87%

106'A

119%

90%

91'A

100%

117%

—

163

78

5

81%

77

/*

*77%

79%

71%

Jan -July

Jan-July

71]b

77%

85

71

78'A

76

First 4'As

(Oregon Lines)

4'.•>6

76

Ban Fran

1st

11

66

—

.

123% 124

—

—

1

125%

ml.gc 3%s ser

subord

2%s

mtge

66'A

123%

3%s

94
88

fl-7%

99%
88%

95

102

96

7

95%

100

97

97

53

96'A

102'A

81%

82'A

84%

84%

*83

*84'A
94

—

93%

94

63

92

98'A

206

206

207

207

5

>-

90

95

125

-

—

—

■

.

93%, 93%

116

117

11

116

99

103'A

75

99

110%

*77

1975—Mar-Sept

81%

77

83%

74

77%

''

Mar-Sept

^

]—

77%

Mar-Sept
I 1981—June-Dec

*79 Va

April-Oct

*79%

2%s ser II 1980

79

ser

*88
72

797/a

97

Jan-July
Mar-Sept
May-Nov
C 1973_April-Ocf

80%J

5s 2003

97

—

72

.72

.

84%
.

.

■

72

2

*82
114

Feb-Aug

85'/a
,97

tZ '

J.

*90
99%
112% 114

May-Nov

91%

——

92

111%

48

83%
91%
99%
117

debentures

141 %

91 %

92 '4

95 Va

96%

92

95%

86%

87%

67

86%

93%

—

83%

83%.

2

83'A

84

57

90 Va

96%

Co

&

*53%

Wisconsin
1st

f debs

Central

3 970_:

first

RR

4s

19G0

82

51 Va

•

—,

*83%

90'A

97 'A

85%

85

■

55
—

«...

'7;

95

95

93

98%

58 Va

58%

45

55%

57'A

57'A

58 Va

33

54%

61%
60%

92%

13

92

99

58

92%

1

88

85

*83 %
102

102

*78

101% 106'/a

80

2

78

80

95 Va

96%

84

82%

90

91

88

*96

*88

113

92 Va

88%

92'A

115%

106

181

114Va.

81

66

99

*92

*99%

—

)

97%
100

99

\

*

83

92

*82

Jan-July
May

~2

88%

88%
114'A

Co—

2004
Gen mtge 4'As inc scries A Jan
mtge 4s series

—'

75

75

Va

95

Feb-Aug
Jan-July
Jail-July

1980

—

92%

92%

—May-Won

4'/os debs

Winston-Salem S B

100

s

90

*80

Mar-Sept
Mar-Sept
Mar-Sept
Jan-July

1975

Whirlpool Corp 3Vbs
Wilson

91;%
95%

87%

debs

"l

72'A

72'A
*81 Va

——May

1984-

G8

68

80%

73

*68'A

Jan 1981
April
4'As series B Jan 1991—April

income

conv

A

GG'/a

64%

6

'

70

*

63

54%

68

June-Deo

♦76

77%

75%

79

Public Scvicc 3'As 1971
Jan-July
Electric Light & Power 2%s 1976_Jan-JuZy

86

Wisconsin

sesfes

1976

debs 2008

income

income

5s

Bouthern Pacific RR Co—

mortgage

93

89%

96

102%

debs

Westinghouse Electric Corp 2%s 1971
Wheeling & Lake Erie RR 2%s A 1992
Wheeling Steel 3V4s series O 1970
First mortgage 3'As series D 1967

148

64

May-Nov
May-Nov
A ,r15—June-Dcc

1981

Term

129%

*64%

Mar-Sept

A 1977

1969

4'As

129

129'A

Jan-July

Jan-July
Bouthern Natural Gas Co. 4%5 conv 1973_Juue-Deo
Bouthern Pacific Co-

5

75Ta

—

1994

T

94%

*95%

mortgage 3'As series B 1971—-—Feb-Nov
Warren RR first ref gtd gold 3'/2s 2000—Feb-Awp
Washington Terminal 2%s series A 1970—Feb-Aug
Westchester Lighting gen mtge 3'/2S 1907-Jan-JuZy
West Penn Electric 3V2S 1974
May-Nov
West Penn Power 3'As series I I960
Jan-July
West Shore first 4s guaranteed 23G1
Jan-July
4s registered 2361
—Jan-July
Western Maryland Ry 1st 4s ser A 1909—April-Oct
1st mortgage 3V2S series C 1979
April-Oct
5Vbs debentures 1982—
Jan-July
Western Pacific RR Co 3'/ns ser A 1981-i.—Jan-July

132%

4

359

77%*

—Feb-Aug

93

88

15

*88

First

88%

86

84%

103% 104

& Telegraph Co—

92%

94%

Gen mtge 4s income series A

>

—

92'A

88

117

Gen

108%

110%

—

104

90%

92%

Mar-Sept

6s

103%

131

116'A 120%
108

84'A

Jan-July

90%
82 Va

*91

.June-Dec

subord

conv

Virginia & Southwest first gtd
Gen mtge 4'As 1983
Virginian Ry 3s series B 1995
First Hen and ref mtge 3'As
1st Hen & ref 4s "ser F 1983

104%

98

101%

90

110'/a

June-Dec

90

88

Wabash RR Co-

99

6

101'A 101%

—

—

73

~

31

*103% 104 Va

June-Dec

83'A
100

Jnue-Dec

1st mortgage & refund 3%s ser
& ref M 3'As ser J 1982

81'A

—

98%

101%

98%

■

99 Va

Feb-Aup

66

82

—Jan-July

19G8

1st

99 Va

*82

'■rnmi*

4%s

ctfs

First and ref mtge

91

——

32

1951—Juue-Deo

First and refund mtge 2%s ser E
3s series F 1970

88%

•

67%

81

*82

4'As

117%

99 Va

*98% 101

—

86

79

Virginia Electric & Power Co—

85%
95 Va

94

84%

84%

2

89

Corp of America;—
3Vos conv subord debentures 1969

'

*95% 100

107%

84%

74

78%

79

84%

95'A
90

Vanadium

83,

83%

■

87%
76 %
89

'

*82%

..

79 Va

24

June-Dec

1951

sinking fund mtge ser C

Participating

"91%

78%

88%

Works

§ A 3 'As assented series C 1951

77%

79 Vo

SAG'As

80

71 %

—

May

1983

84%
98

87 V*

Jan-July
§A3'As assented series A 1947
Jan-July
8 AG'As sinking fund mtge series A 1951_June-Deo

90

71%

—

debs

§A3'As assented series A
86 Va

71

—

Steel

4s

127 Va

81

99

April-Oct
Jan -July

1967

87%

113%

17

98%

Corp—
SAG'As debs scries A 1947

120'A

*86

—

87%

*77%

May-Nov

2%s debentures 197C

debentures

United States Steel

133

112 V* 114

1978

debentures

f

s

Rubber

74 Va

80

10

95%

34%

April-Oct
Mar-Sept
Mar-Sept
Jan-July

coll tr 4'As 1978

U.

90%

90

1979

Ry 2%s

1972

debs

collar 4'As 1977

4%s

: 94

116% 117'A

Jan-July

1985

Bouthern Indiana

First

mtge &

1st mtge &

157

V

108 Va
85%

74

Jan-July
—Feb-Aug
May-Nou
April-Oct

coll tr 3%s 1971
1st mtge & coll trust 3'As 1972—
1st mtge & coll tr 3%s 1975

99%

85

80%

66

1st

85

73%

100%

„

*79

3%s sinking fund debentures 1973

117

78

*77'A
*89%

June-Dec

1970

debentures 1976

193 V*

88%

i

debentures 1987
Bouthern California Edison Co—
3Vis convertible debentures 1970

Gold

203

92

82

95%

1991_Mar-Sept
April-Oct
United Biscuit Co of America 2%s 1966—April-Oct
3%s debentures 1977
Mar-Sept
United Gas Corp 2%s 1970—
Jan-July

94%

27

98'A

Feb-Aug

'

debentures

:

RR 2%s

4%s

92%

,

v

„

97

88%

_—

2%s

Gold

Pacific

194

114

April-Oct

1986

1976

Southern Bell Telephone
3s debentures
1979

1982

California 2%s debs

Oil of

226

117

April-Oct

1971

debs

conv

Bocony-Vacunm Oil

•

4

122% 126%
•

__

April-Oct

1982

debentures

4%s

3'As

mtge

87

92%

—.

93

93

'

*96%

Refunding mortgage 2'As series C
Union Tanlc Car 4'As s f debs 1973

Corp—

Bkelly Oil 2 Vis debentures 19C5
Bmitli-Corona

1st

92%
97 Va

*97 %

——May-N6v
.June-Dec
—_May-Nov

—

mtge & coll tr 2%s 1980

Union

84

37%

50

*87%

trust 2%s 1975-April-Oct

72 Va

96

.

92

80

1971—May-Nov

193'A

■

93
124

3%s

87 Va

*88%

1983—

1982

Missouri

of

''

*93

__

-Jan-July

s

s

Co

194

*96

Feb-Aug
May-Nov

f

4%s

2%s

Corp

Electric

92

78 Va

87%

-*73%

Impt 3%s I960—June-Dec
Mar-Sept

226

—

82

88'A
_—•„

87%

92'A

2%s debs 1961

85

—

2%
*78%

87%

1985—Jan-Ju,ly

E

84

84

June-Deo

3.20s
Gas

and

3%s

1st mtge &
■

ser

70%

■

*90

—

Cent ref

Ohio

%

84

90'A

Pacific—

Orleans

of New

92

89

,

82

RR

Union

144'A

June-Dec

1966

^

Co

&

101%

—

May-Nov

-

1977

subord

conv

-,

—

Mar-Sept

1982

Line

Oil

Union

Sinclair

1,952

—.

98 Va

81%

.

123

'

Jan-July

1974

Roebuck &

Bhamrock

141%

*88

121

1st

93

•

1989_Jan-July

1977

& Sons 2%s

debentures

Service

91%

3%s

M

First; mortgage and coll
3s
debentures 1968

104

92%

84

■*—

Union

92

98 Vi

*85

May -Nov

Bears, Roebuck Acceptance Corp—
4%s debentures 1972
;
5s

86%

54

and refund

Tri-Contincntal Corp

Co—

debentures

Beagram
3s

25

99%

*71 Va

--

April-Oct
1st gtd 4s 1989—May-2Vot>
conv debentures 1971
Mar-Sept

mtge 3s

3%s

87%

*81'A

June-Dec

88

__

Depot 3'As B 1971

Paper 3s

88

—

Mar-Nov

1989

Bcovill Manufacturing 4%s debs

Seaboard

9

Ry—

certificates

87%

._Feb-Auy

93

86%

—

Mar-Sept

Jan 200C

83

-ApriZ-Oct

77%

87 Va

88

-

Bcioto V & New England
Bcott

77 Va

98 Va

*

Jan-July

2022-

33%

34

1974

89

2

87 Va

133

—■

Jan-July

Second 4s inc bond certificates Nov

—

77 Va

%

Co—

1980

A

Louis-Southwestern
First

82 Va

J an-July

19971^-

A

4%s ser A

A5s income debs ser

Bt

87

#

—

__April-Oof
Ry

4s series

90

95%

RR—

M 3'As series

Pacific-Missouri

Tol &

170 Va

841/a

June-Dec

1996

Francisco

mortgage

92 V2

*100%

Term

97 Va

163%

.

Louis-San
1st

96%

and refund M 3%s series C 1990—April-Oct
gold 5s 2000
June-Dec

refund

841
102

•

84

& Pacific first

Texas

94

140

Mar-Sept
gold 5s 1996_Jan-July

1st

96

Thompson Pvcducts 4%s debs 1982—J.
Tidewater Oil Co 3'As 1986

110

—

Mar-Sept

1977

80'A

.4

*82 %

United

1977

debs

Bt Lawrence & Adirond'k
Second

91
91

■'

Baguenay Power 3s series A 1971—:

Et

15

88

April-Oct

debs

conv

78'A

15

97%

B 1970—April-Oct

2%s

conv

6Vis

29

81

and

General

98%

107

Gas & Electric Corp—

Aircraft

Royal

94%

Orleans

New

&

Texas

119

91

—J an-July

1983

Jeneral mortgage 3 Vis series J 1969

_

92 Va

Corp—
debs

80%

97%

First

81

166

Jan-July
__

105

First

bl

104%

--

1978

subord

conv

81

20

a

Texas

89%

149

:

Feb-A up

A 1978

\jfs series B

123

98

90

impt M 4s series C 2019-—-Jan-July
impt 2%s series D 1985—-April-Oct
Texas Company (The) 3%s debs 1983
May-Nov
Texas Corp 3s debentures 1965
May-Nov

100

118

•

May-Nou
May-Nov

intge 6s 1953
adjustment bonds—

99%

93

"83

Feb-A

{ACon/ol

108

91

St Louis—

of

Assn

High

103

99%

.

*90

.

-May-Nou

1973

.

since

Jan. 1
Low

81
.

Refund and

95%

*—

April-Obf

:——

1

106

92]

99 Vi

Ml'g Co 3%s debs 1975
Rhine-Westphalia Elcc Power Corp—

Range

No.

.79%

.

81

Mar-Sept

debs 1973

Bonds
Sold

High

99

Refund and

93 Va

92%

debentures

Terminal .RR
a

87 Va

*88Va

1995_May-Nov

2%s

—

"161

1980—June-Dec

1973

10
"

81

105

•86%

Rbeem

-

92

92 Va

100

94 V

Jan-July

D

debs

93%

92 V a

June-Dec

conv

91V

.

79

flfar-Sept

America

88

*85

—Mar-Sept

1964

94
72%

92%

April-Oct

debentures

2%s

10

97%

87%

5

96

Co—

—

97%

90

a

*—

1977

Thursday's

109% 109 "2

99%

Oil Corp 2%s debentures 19C6——Ja n-July
-Jan-July
Superior Oil Co 8%s debs 1981
Surface Transit Inc 1st mtge 6s 1971
-May -Nov
-J an- July
Swift & Co. 2%s debentures 1972—

98%

69 Va

refunding; mortgage 3 Vis 1983- April-Oct

debentures

4%s

97%

—

100

—

or

Bid & Asked

109%

1983

Stauffer Chemical 37/as

93

1903—

debentures

and

Gas

76

*69 Va

May-Nob
refunding mortgage 3 Vis 1968-Jan-Jaly
refunding mortgage 5s 2037
Jan-July
refunding mortgage 8s 2037
June-Dec
refunding mortgage 3s 1972—May-Nov
refunding mortgage 2%s 1979_Ju«e-Dec

First and
First

&

91

76

*93 Va
*92

May-Noo

—May-Nov

3%£ debs 1981_,

Service Electric

3s« debentures

First

1983

1973—

Procter & Gamble

96

120 Va

89 Vi

92

89 V

April-Oct

Mar-Sept
2—April-Oct
Ja?i-July

^

3s

Co

93

98 %

92

__Feb-Aug

1986

Electric Power

conv

Public

1862

Pipe Line 2%s 1970

1

s

3%s conv 1982-. __April-Ocf
._April-Ocf
Standard Oil (N 3) debentures 2%s 1971 __May-Nov
Jan-July
2%s debentures 1974
Standard Oil Co (Ohio) 4Vis 1982
—Jan-July
(Indiana)

debentures

4Vas

—

*97%
"97%

1964_Maz/-Nov

1st mtge 3%s 1964

series B

5s

gen

105%

—

Week's Ranee

Last

Sale Price

Sunray

Feb-Aug
I 1963_Feb-Aug

Pittsburgh Consolidation Coal 3'As 1995—Jan-July
Pittsburgh Plate Glass 3s debs 1967
April-Oct
Pittsburgh' Youngs town & Ashtabula Ry—
-:
1st

383

89

Period
.

Low

103Vi 114

__

*88

V

•

High

i960

mortgage 5s series B 1975
mortgage 3%s series E 1975

Pittsb Coke & Cliem

Low

378

lllVi 113

Pittsburgh Cine Chicago & St Louis RR—
General mortgage 5s series A 1970June-Dec
General

112V2.

*93%

--—Feb-Au®

Consolidated guaranteed 4s ser II
Consolidated

New York Stock Exchange

Jan. 1

No.

Interest

BONDS

Range since

Sold

High

107

-

1964.1—Feb-Aug

PUlsbury Mills Inc. 3'As s f debs 1972
June-Dec
Pittsburgh Bessemer & Lake Erie 2%s 199G June-Dec
Pittsburgh Cincinnati Chic & St Louis Ry—
Consolidated

Bonds

Standard Oil

1984

Petroleum

4Vis

Thursday

Thursday's

Bid & Asked

1986

Jan-July

*65

05%

65

68

Jan-July

*60%

G5

60

65%

Yonkers

96

Electric Power

2%s

1976

Wisconsin

mortgage 2%s series F 1996
First mortgage 2 Vis series G 1961

1 2029

92

96 %

E

First

First

mtge

Bouthern

5Vis series II

first

Ry

consol

1st mtge coll tr 4,V2S

1983

gold

1988

5s

Jan-July
Aprll-Oct
Jan-July
Feb-Aug
Jan-July

.-

1994

_

Memphis cliv first gold 5s 1996
Southwestern Bel Tel 2:!is debs 1985
3'As

debentures

ASpokane Internl
Standard

OH

of

gold

California

4%s
4%s

2013
1983

—««

*100% 102

•m-m

♦.92

98

96

——

—'

'

97%

—

96

72%
a

May-Nov
April
Jan-July

101V*
—

1

72%

11

80

109

98

98

96

100

70

a

"7

92

97%

97%

78

96%

103%

5

•

86

—

—

—

delivery

the year's

the

.

85

95

in

Included In

not

95

95

Deferred

Included

77%

81

86

\

sale not included in the year's range,
d Ex-interest, e Odd-lot sale not
range,
n Under-tlie-rule sale not included in the year s range,
r Cash sal*
year's range, y Ex-coupon.
§Ncgotiabillty impaired by maturity.
! ^Companies reported as being in bankruptcy, receivership, or reorganized under Section 77
the Bankruptcy Act, or securities assumed by such companies.
1
•Thursday's bid and asked prices; no sales being transacted during current wee*.

105%

100

*101%

—4

April-Oct

1983

first

♦96

..

^Bonds'

selling flat.

AMERICAN STOCK EXCHANGE
WEEKLY
In

AND

YEARLY

RECORD

the

following extensive list we furnish a complete report of the transactions on the American Stock Exchange for the week beginning Monday,
June 29 and ending Thursday, July 2 (Friday, July 3, being an extra
Holiday on the Exchange). It is compiled from the report of the American Stock Ex¬
change itself and is intended to include every security whether stock or bond in which any dealings have occurred during the current year.

Thursday
STOCKS
American Stock

Last

Exchange

Sale Price
Par

Aberdeen Petroleum Corp class A
Acme
Acme
Adam

Precision

Wire

'_1

Inc

Consol Industrie's




Shards

Low

High
5

100

9

5,600

5%

Jan

1,500

17%

Jan

4Vs

Jan

High "
5'A Mar
9'A Jun

Alabama

Great

Southern

Jan

Alabama

Power

4.20%

7%

7%

100

75'A

8,600

53%

Feb

1

10%

10%

10%

3,700

9%

Jan

13% Mar

1

5%

5%

5%

2,800

43iMar

9'A Mar

33.

8%
98

\

f

Shares

High

-50

71 'A

7'A May

Sales

for Week

Range
of Prices

May

Alan Wood Steel Co

5%
Alaska

cumulative
Airlines

preferred,

Inc

i

%

13

!8

85%

85%

86%

35

33] a

35

100

85

85

85

1

6%

6"

7

Jan

% Jan

3,900
131

10

preferred—100

common

Range Since Jan. 1
High
LOW
13%

•
50c

Jan

,

Week's

Low

Par

Agnew Surpass Shoe Stores
AJax Petroleums Ltd

72%

22%

Sale Price

American Stock Exchange

21%

22%

Last

STOCKS

Range Since Jan. 1

«/a

1

Corp
Aeronca Manufacturing Corp
Aero Supply Manufacturing
page

8%

Thursday

1

Inc

Aerojet-General

see

9
22

5

Sales

for Week

Range
of Prices

Low
5

10

Products

Co

For footnotes

1

Week's

V.

RANGE FOR WEEK ENDED JULY 3

.

Jan

19

Jun

1% Jan
144% May'
91 Va

Apr

150

8 5'4

May

4,100

23 Va

Jan

35% Mar

Jan

85

5Q
1,40(

78

6%

Jan

8%

Mar

Apr

< *

The Commercial and Financial Chronicle
38

.

.

Monday, July 6

.

1959

(74)

AMERICAN STOCK EXCHANGE
Last

STOCKS

Sale Price

American Stock Exchange
Par

Low

Range Since Jan. 1
Low
High

Shares

High

All American

—

1

Dredge

10a

Engineering Co

46

46

100

34%

Jan

49

17

15

18 V

14,500

147a

Jun

18% July

10%

14,900

fi-ft'i

Feb

10% July

7

Feb

9%

Apr

3% Jan
3% Jan

5%

Jun

9%

8%

—.

9%

8%

4%

4%

5

86,400

9%i

1

Alleghany Corp warrants —^—
Allegheny Airlines Inc,
Allied Artists Pictures Corp.
5%% convertible preferred

1,000
5,000

51 a

4%

5

"

v

10%

10%

11

500

8%

55

53

55

1,100

12

13V

10,400

Feb

Alaco

15V

14

15:%

3,600

11%

Jan

lnc__*.

Canadian

American

Book

77%

—-1

Corp....:

Co

American Laundry

1

Inc

20
20

Machine

American

Manufacturing Co

American

Meter

Co

•

;

.

300

7%

3,800

714

American Natural Gas Co 6% pfd—21
American. (Petrofina Inc class A
I

American

Photocopy Equip Co
6eal-Kap
Corp
of Del
2
f>% preferred
-f
American Writing Paper
•
American

Oil Co class A__

Anacon

Lead Mines

Canal-Randolph

Capital
Carey

17%

Carolina

40%

11%

43%

43%

1,000

44%

Anchor

5,000

30

18%

42,200

Film

Corp

Appalachian Power Co 4%%
Arkansas Fuel Oil Corp
Arkansas

4.72%

5

Apr

iJfC

20%

21%

1,800

8%

8%

8%

700

7%

7%

7%'

3,600

6%

0%

300

5%

Jan

23%
90%

21%

24%

17,500

13%

Jun

90%

93
33%

130

I

32%

33%

Apr

Jun

—.

.

Armstrong Rubber class A

—I

Arnold Altex Aluminum Co

__1

Feb

4,200

11%

Jen

21

30%

32%

8,700

21

Jan

9%

10%

16

32%

25,600

5% Feb

4

12%

12%

13

3,500

6% Mar

23%

23%

24

700

Asamera Oil Corp Ltd
Associated. Electric IndustriesAmerican dep rets reg_i;
i

400

.

Stores

1%

1%

1%

22

7,300

1

Associated Laundries of AmericaAssociated Oil & Gas Co

1
_la

Bupply Co

•

2

Jim

3V

3%

3%

1,000

3v*

2%<

2%

2%

1,400

2% Jan

Jan

11%

27,800
125

.21% Jan

"2%

2,500

3%

2% Jan

28%

2%

■

13 y8

27%.

12

27%

}'g

10a

~2%

Apr
1% Jan

•

59%

Atlantlca

_fp

2%

10 pesos

13 V

12%

13%

1,700

3V

3y8

3 V

12,600

del GolfoSugar
Atlas -Consolidated Mining

60%

2%

700

2%

59

6,600

64

Jan
2% May

6%

j

151/4

l€o

Corp„.

,

Automatic Steel Products Inc

1

7%

15%

13,400

9% Jan

15%

19%

,

21%

3,500
1,700

'r

com

Non-voting non-cum preferred——1
Ayshlre Collieries Corp
3

x7

4%

4%

300

49%

.^ft,ft-,

49%

100

Jun

Mar

5

Cook

*

..

39%

4,660

15

26%

5,800

16

Jah

50s

,,

.1

B

JUS
too

,

8%

7%

6,200

13%

4,900

IV*

IV* Apr
8% Jun
3% Jan

~3%

3%

4

3,600

16%

17,600

Jail

11% Jan
41% Mar

13% Mar

10% Jan
5% Jan

44%

44%

44%

1,300
1,200

17%

17%
7%

18%

2,700

19%

19%

7%

6%

I

Petroleums Ltd
British American Oil Co

__i
•

•

British American Tobacco—
Amer dep rets ord bearer—
Amer dep rets ord reg
British Columbia Power—
British Petroleum Co Ltd—

.

;

50

•

6%

300

11%

3,700

18

18%

2,400

36%

38%

4,900

6%

38 Va

|

1,600

10%)

10%

common—.

7%

»

97%

97%

20

22%

22

23%

5,000

14%

14%

14%

500

9%

2%.

2%

2%

600

1%

20% May

5%

5%

13,500
2,700

6% Jan

119

200

63

41

350

39

2%

2%

2%

6,500

37%

38%

3,700

36%

preferred

Brown

7

643

•

6}J May

13%,

18,100

<39%

1,000

7%
10%

5,800

IV*

Jun

9%

10%

3,600

8%

Jan

14%

7%

7%

■

.

16%

16%

8%

9%

900

•

Buell Die

6c Machine Co..

Bunker Hill

(The)

■

9

2%

100

9%

,

1,400

15%

1,200

10%

10%

10%

1,800

'%

%

%

Feb

Dome

6 800

3%

3%

100

1

,

Diversified

8%

12 Vis

~3%

8%

9-

Dominion
Dominion

8%

Apr

„

4% Mar

17%

Feb

13%

Jan

% Feb

„

2%

Jan

4% Mar

6%

1,700

$2

Jun

Jan

10% Mar

•

Calif Eastern Aviation Inc
California Electric Power common.,
$3.00 preferred.
;
$2.50 preferred—

100

ji

28

26%

3%

3%

20

19

28

3%
20

'

50

58%

l

6%

I

8

Canada Bread Co Ltd.
'
;
Canada Cenient Co Ltd common

'

5P%

58%

•

page

33.




58"

■—

Campbell Chibougamau Mines Ltd

see

19

'

__

48

.

50

318

3%

37%

37%

11,900

2Q0

1

34%

33%

~i%

~4%

Jun

-Apr
Apr

55% Jan

250

8ft

7%,

JfCri-

2% Feb

5,600

50

6%% preference
;
Canada Southern Petroleums Ltd

25%

10,900

t..aq

6% <•cumulative preferred.
Calvan Consol Oil As Gas Co__
Camden Fire Insurance..

Fpr footnotes

3,400

Jah

1

5% Mar
23% Jan

1

36%

-Jan

38

5

Feb

5

38

Mar

34%

700

33

Jun

5ft

66.200

"3

liar

3PT

,

51/4 May

Jan

12',a

Jun

14% Feb

Jan
Jan

141/2

Feb

13%

8%

600

1

16% Mar

Jun
Jun

20 ft

4ft'a

3 ft

Jan

10% May

4ft4

Apr

21%

1

33,000
12,200

20 ft

4

63,700

8 ftft

100

12 ft

38V

:

Jan

Apr

3V<

•'

121,8
1

2

May

•IV

1 ft4

..

•

•

3;600

42%

38%'

•

V

2% Jan
Jun

45 'ft-

Jun

J.I

"% Jan

Jun
Jan

9

Feb"

-0%Mar

13

Jun

15% May

4

r

V
7 -=

"16,700

•

•X

■■

Jan

19%

-

Jun

29

ft

12%May

;

Apr

1

1%

-

540

:.

3,4

*78

17:i

Jan

8

7 V Ma y

1,100
•

41

15% Jah
46
/Feb

Jun

3 ft

Jan

29%May
8% Jun

-

Feb

38'

Jun

3% Mar
65%

7 V Mar

1,700

8'% t "9ft-4 ->

"iv

Jan

13ftl5

100

a

3"a

-5V«

v

Jun

4G%

:

500

4-2*:

r

"ft

400

5ft,;
50 ft-

18ft a

-

9V

ft May..;

12 •'

"Apr

'

~r-ft V

'''

•

14;%.13
: 141/4
5fta
,^ - 6

50c

5,400

,

.2.50

1,700

..

..20

11% May
15^4' Jan

200

12%.:>-:1,2.%; 13%'..

•

2.50
—.1

614

—10c

%

6

<

-3:%

.35

•_

:

j; >

—.

>

6I4

.

3J0
■ ■

35

:

:■>-

■

1.600

,

5V

.

:

'

50

^<

■

«8% Mar
16% Apr
29% Jun

7% May
Jan

.4 ft.

Jun

37

'Jan

33%

®

.•<

Jan.

•»."3

700

4.1.1
j5

..20c

•

.

..

.

Feb

j36 ft ,-36%
^

^

,

..1,

'

^3'. 8
ft

138-

_;
"f

Jan

ft ""."29

700

14^

Jan

15 %

Jun

"ft'9%

Jan

-5

2V

Jan

ft

".

2,100

18% '

: 16%

13

'

•

8.600

,

1%

<

Jun

3%

1 %'' •!%;

-

Apr

,

*
,

22

ft ft.

lift"

stock—

;r2Q3i

'•

ft

:

22 :/

9%

3% T-eb

2«Vz F'eb,

-1634 Jan.

800

"

''-2

2

IV

10ft2

3

Jan

93a

2(K»
4,000

Jun

'

T

.

19%

20"

'

20'/3

Xl8ft

/

200

.

Ltd

10 ft 4

*

Jan

23% Jan
19%-July
12% Mar

1,100

115a

Jan

6

40 V
*

.28*

*29%;-

~'r

•

13V

19

T Vs

Apr
Apr
Jan

..,

10,900
700

14,100

r

.

Vft

60

15Va- Jun
75
.

8

3%

'if*

6V

6

3

ft

'■

_

rtft£
1

ft-

r

1.200

1B%

9ft ?

•.'?»

-« v

i>

tiiiAL- *

_•

4

-

36^1?..rV 3^^-39%/

4ft*A&y
■B

May

26,800
.ft

*8%/Feb

;

6% Jan
23
Jah

22% Afar
29% Mar

4V' Jan

12% Apr

u

;. :V550
ft ft 1900 ft

40*2

Jun

.'30V Jah

cl'ftFeh
4t%'Feo

175

I'

-1
•

••

34%
1

'-t

■.

'

'-TV-;tWi

14ft2

2;«oo

! 121,700:-. L

.Jan

189% Feb

60

—a-*
—-——1

Jan

9%JMay

-ft

49

4534;

4812

%

Jan

'

25%. Jan

ft 4 500 "

-ft.
"24V 25%
-3P.4T-. 30% ft33.%
10

Jun

3%

-

.

1

;-,E
s
' r--..
:lrqn__£________^25
—1

3%

2,100
2,000

v;:5

Jan

6

Apr

5,3%

Jan

Laboratories—
81,4

Jan

Apr
33% 4?eb

ft 44 _L July

ft.,,5

Apr

41

9% Mar

4S-V
8.V

%

44%

■

ft

16,000

13%ft" <121/2

common-..—.10

19

9V May

14,900
29%

18% Apr
28% Apr

Jun

34V

2'5

10'ft

ftnftlO.

:

3,300

35fta

35ft'a

Mar

Jan

15

*

H V -12fta "

11V
il'.r

.32.50

"Feb

13% Jan
26

19%. May

.

"4,600

19fta

,

10

i

14% Feb
20y2 Apr.
IV* Feb

17% May

4,100-,:

,,.21% May

series ,B„--

15% Jun

"

common———7.50

Corporatfon class A.

Feb.

29%-Mar

15,000

3^'T:V.3V4*:-W-:

ft%Mar

28% -Jun
147

May

.

.ft 2,000

.

7

"

■

i.

J5fti l6n4
14% ,,/. ,13 V' 14 ft 2

%16%

."—__25o

"

'

;

13% Jun

•.lift May

50.0500

<

•

J5

common

Inc..

Limited

Jun

32

300

,

Mines

Jan

.1% Apr

I,',

,

37.100

12ft a

Malleable

$6 preferred
Edo

Elder

-8%

ft

Jan

'•'

'4.8 V

3ft i

1

:

8%Mar

July
V13

600

1

42-

Tar & Chemical Co Ltd——•

ft

*

17%

WA

49ft4'/

Dunlop Rubber Co Ltd—
ft
American dep rets ord reg—
_10a
Duraloy (The) Co.—
_____.3.1
Durham Hosiery class B common——*
Duro Test Corp
____1
Duval Sulphur & Potash Co....
Dynamics Corp of America
_l':_—.1 ^

.

14

3%

20-

%c

Eastern States Corp common-—^$7 preferred series

Feb

pn

vtell

5

.—

Eastern

May

5500

10% Mar
22% Mar

Jan

6fta

<

<11«? 5z:: 4600

5-f,s

-

4% Jan

500

-

Jun

15

10% Mar
•7' -Mar

14%

53-4

''

10% Mar

2V Jan
7% Jan

,

2,000

.:

.

60V* Mar

7Vi Jan

13,100

19

■

3% Apr
Feb

36 V
.

23% Apr
ft"

•13%

8% V

——

61% Jan
52

...

78% Mar

Jun

Jun

734

18fta

2.50

Common

Calgary 6c Edmonton Corp Ltd

'Jf

19ft4 Mar

.17%

*'

Ltd—...

(Allen B)

Jan

2% Apr

21% Feb
20% Apr
18%-May

1-3%

Dorsey (The) Corp
1
Douglas Oil Company——:.i
Dow Brewery Ltd——
—_—•
Draper Corp:
—•
Drilling & Exploration Co—
1
Driver Harris- Co——_———10
DuMont

Jan

'

inc—

A

new

10%

X

Feb

l9ft/2

10%

Co

Apr

25% 'Apr

Jan

5V

•

20,000

"

28%

.

12V

13^;

2'/a

Power

Jan

24%

26%

A——4

preferred——:

Duke

ft 40;

May.

5
-

-6',000

"jBfi

8 ft

•

6% 'r.- "ft (>Ca
1 * kg*

25c

Mills.

Co

Mar

17
-

Jar.

':

8

,,600

ft

.

" 9V

9 ft

• •

2T

Inc

1% Mar

Jar. *

22V .Jun" '

'27,100 ft

i 15%: ..16%

,

?

Corp...—_.lc

Textile

300

2,000
.

.

.',»%

(L/ftc-

laftfi

dep rets ord reg—6s 80

Dorr-Oliver

12% Jan

X

:

5ft 4 ft

lVft

'6ft. 'ft 5.V

"

Specialty" Stores..—_—_lc

Feb

Jun

6% Mar

Jun-

18.

20/„
>.
2500
.-,20ft
.7V..r8ft.":"?600

"-4%

•

Qils Ltd—

Petroleum

Jan

9%

,6%i ..'-r

..50c

Dominion Bridge Co Lta.
Dominion Steel & Coal ord

12%

,

" /8%ift 5 lii

/-

20ft ft

100

Stores

21

14% Apr
10% Jun

% Jan

Diversey

10% May
4% Jun

Jun

Apr
8% Jan
2% Jan

4.100

15%

3s 6d

shares

Burroughs (J P) As Son Inc
Burry Biscuit Corp.....

2%

15%

2.50

Company

Burma Mines Ltd—
American dep rets ord

Jan
Jun

10

'

I

Corp.

15%

7% Jan
7% Jan

600

11%

11%
9%

l

»

8

7%

9
10

American

1%

i 1,400

U : :

24

j *5$»
IV ft;, "IV "

ft

&

Co Ltd—

39%

3% May

50o

preferred

DeVon-Palmbr

4% Mar

Jan

.-24 %

—2.50

cl*ss

A

-

9%

ft 12% Feb

300

50c

Gasket

12% Jun
Mar

'..'24*

"8%

vtc____

■;

'*

Co——1

Inc..

class

Productions

29

1,700

0%

Buffalo-Eclipse

Jan

38%

-

-

8%

Manufacturing
__^1 >
Detroit Gray Iron & Steel Fdrs Inc.
1
Development Corp of America—
v $1.25 preferred/ .1^—..'
—;.__1

Jan

8%

12%

16%

serial

Detroit

i

Apr

12% Apr

ft ;

Apr

5%

ft

100

,ft .14600

.20%/'

20 a

fl

debentures

Desilu

41%

39%

1

%%

8%

Jun
Jan

8ft Jaii

13%

1

Budget Finance Plan common.
60c convertible preferred

Dejay Stores
Dennlson Mfg

8ft Feb

1

B

....

3ft

7y* Mar
37
Jan

37 300

1

Company:

Feb

Apr

46

Jun

"v

ft.
r

:50e

Inc

A common1..

Distillers

6%

Rubber Co
Bruck Mills Ltd ©lass B__.
P

.

:

24

'

1

-

Transit.Systein

Class

V

•

.Day Mines Inc———.
Dayton Rubber Co class A
D. C.

l %

Jan

10%

r

2V .Jan

3.600

5%1

141«o .16%-ft -48,200

20

1.50

...

Brothers

3%
"

vft 25 I :>.26 %'

=

9%
7 ft

..'

29% Mar

10% May

Jar

-

"

—1

n

Hosiery

Davidson

100

•

preferred

Davenport

41 % May

7ft Mar
600

710

5%

Feb

126

'2ft Jun

38%

10

*

34

Jun

.1

Brown Forman Distillers

Feb

Apr
9% Mar

Jan

40

l

5:%

250

7%-.'/

'

Jar
Jan

1 *.■ 5",

—...

ft

19V

J 9,300

?

51% Mat
■7
Feb

Jan

""2V* Jam

:

2,500

•

Davega Stores Corp common..

7%

30% Jan
118

"•

%

1% July

x»%Mar

Jur

■

24 3%

27,400

*11% ;,?.

'5%
lft

~.

16.%

,'25:

1

Daitch Crystal Dairies (new com)

May
16% Apr
3% Feb

5% July

7%

710

'v.-

Jun

27

Jah
Jan

7%

•

Company

43%
100

7%

gl
_£1

Apr

Jan

May

"3 8%. Mar

Jan ft

Vft'Apr ft

.

5

—20

.

Lighting inc
Manufacturing. Co

Curtis

13% Mar
12%'

Co.

preferred—..:

Curtis

19% May

Jan

96

5%

41

Jun

33%
«

11.700

r

.,

.27

35«

3% 1--<5 %-• I" •

1.25

common..

Tobacco
Co
Cuban-Venezuelan :Oil

Mar

9

24%

18% MaT
4% Jan
6% Apr
15,% Apr
35*% Jun

.

_£l

reg

45%

42,

71a.-:772ft-

10c

Petroleum

$1.12

1H

16% Jan
".40

ft .Jan ;d

"'

lift ft 9.5,300

.-'llftft-ii n>.

1.1

Cuban

22% May
■

.1

Cuban American Oil Co

16% July

13%

4

Buckeye' (The) Corp

Jan

$

12%

—50o

Britalta

.

'8V2 Mar

Jun

1

.

108

Apr
Apr

70

11% Jail

■

850

•ft-'.- 200

39%

r.7% -< 8 ■"

8

<

Drug Co conunon
Crystal Oil & Land Co common—

Jan

■

4

..10
~

Crown

Jan

12%

New- when issued

s

2%
10%

BVa

10,800

12%

Brad Foot© Gear Works Inc
20o
Brazilian Traction Light &fiPwr ord—*
Breeze Corp
P
—.1
Bridgeport Gas Co
1_
,•
BrlUo Manufacturing Co
_•

4%

1%

1%

11% Mar
32 '

6V Jan

6,500

-/.5ft

Crown Central Petroleum (Md)
5
Crown Cork Internat'l "A" partic—-*

Mar

24"% Mar

Feb

Jan.

l/.Fe'c-:

49

5-ft::-".:'/...; 3; ift >5%<4.100

:

Inc

Industries

19 V2 July <

29%: May

9V«

.

.

ft ft 500

16

27 ft"."- 26%

Co

i:

Crowell-Colliei Publishing
Crowley Mllner & Co.—

9% May

Feb

Carrier

Creole

Jan

26

17% Jan

,

Mar

85

FeC*

26 V

20

127% -130 " ,ft.'

41%ft-.. 39%

1

American" dep receipts (ord reg)
Crane

2ft Jan
5

13%

5%% prior cumulative preferred-lOQ
Boms Chemical Co Inc new
1.50
Bourjols in:
.

Brown

v

Apr

21%
24

18%

ord

7

1,900

19

23

——

dep rets

8%

21

.—25

Instrument-Corp—

Amer

Jun

4% Jun

Reynolds

Courtaulds Ltd—/

Mar

14»4

-

8

&

7 •>-:*.

6%>

.

& Engineering—1

Varnish

73% May

• Jan ft

.

14V Jar-

'

——...1
1

$1 preferred class A—
Cott Beverage Corp.

4% Apr
12

4

Beanie Watch Co Inc
Blckford's Inc
Blauner's

.

V

—I

—

Beck (A 8) Shoe Corp
BeH Telephone of Canada—
Be lock

& Co

lft

4,300

7.60

;

Bearings Inc__

Bobble Brooks inc
Bohack (H C) Co

I ft

Jun

•V 26% July

Jan

23%

1

A

Beau-Brummel Ties

1%

*

Incorporated..
Bayview Oil Corp common.

Blumenthal <8)

3% Jan

2,600

4

3

Basic

class

3%

3%

Barcelona Tr Light & Power Ltd
Brothers Corp
u-i

convertible

8

67

:77' ft i-jlur:;-

ft.. 75

..

£ :a. :

*<;0

*39%
» 39.% '
l%ft-.v
.'<

.

—10c

Electriq CorpL

&

5 % Mar

-

inc

Corroon

Jan

42%

Feb

19

8V<

Barker

11%

Jun-

8,900

33%

24%

Baldwin Securities Corp
Banco de los Andes—
American shares.
Banff Oil Ltc?„,

6%

7%

8%

38

Baker Industries Inc
Baldwin Rubber common

Barry Controls Inc class

Paint

Coro

A

ft 10
<5.000- .;

lft. -Tft'-ft 4,900

15V* r

1

Cooper-Jarrett Inc.
Corby (H) Distillery Ltd—
Class A voting
-r
Class B non-votipg——

Bailey 6c Selburn Oil 6c GasClass

>

"'l%ft

—4
;

•

130 ft-.V "

,

Lines

Mar

24

Jin

»% r: •' 1.600

•

"•

:'60

'6%

Sand & Stoiie Co...——_.l,

Air

11% Apr

23:ft4

i

Aviation

-8% Jun
23% Apr

v

Jan

2Vo

-

28%"

•

9% ftft. -95«'<

£' V-

Conttnental Industries' Inc.
:
llOo
Coptinental Materials' Corp^——10c

50% May

Jan

14%

69%

28%

Contln©nt$!l;!Commerclal corp......_.i'.

Apr
7% Mar

3% Jan
35

8,500
62,800

ft
»"

-

Oift vtc___—_10e

Continental

Jar

'■6'%* Jar.

"

Equipment

Continental

26%

7%

15% Feb
3% Jan

%
4l,%

.18:ft 19^2V

'

lc

Ltd—

'

7% Mar

Jar.

17%

.

Cofasolidate'd ' Mining ft; Smelt Ltd— *
Consolidated Royalty Oil—i—...—10
Consolidated Sun. Ray Inc
;
.1

4% Jan

May

.'4%

-..200
"5.690

.

/ 22

.

3% '

69%

:—.1

—

:

Co..

Farm

Diesel

Feb

H Jan

jan

v

.

.9%

22L
.

19%

5
10

Inc

Co

Consol

May
Jan
Mar

20

Jun

3

15 y8

21%

_

Audio Devices Inc.:

12%

ft

"TT's

Connelly Containers Inc..50c
Consol Cuban-Petrolettm Corp
__20c

Jan

&

Development Corp
Atlas Corp option -warrants
Atlas Plywood

5^:,

.1,400

.7%

...

8ik

.

22 %

2.50

Mining..—:

Oil

Oil

Apr

.

~

T

Community Public Seijvice.
Compo Shoe Machinery—
Vtc ext to 1965—.1

3% Apr

52

7i_

.

200

fxU

ft20S»_21
8"%

10

;

Corporation—1—

Colonial

Jun

106%

102

_•

5hi..

2

common—

Ltd—1

Cockshutt

Jun

65%
108%

Jur.

ft Mar

;

Jan

22% Mar
14. Va Feb

Feb,

101

-500

:

"7%

1

of Anierica—

Coastal Caribbean

-

Atlantic Coast Indus Inc
Atlantic Coast Lino Co

Co

Colon

Apr

15%

^,54%

120

i:-;%,

Hosiery Co!
—10
Clayton & Lambert ipatiufacturlng—4
Clopay Corporation— i—_——
__l
Club Aluminum Products Co

Feb

30

,5,900

57%

t

Claussner

8% Apr
5% Jan

7ft Feb

lab

preference

Controller

Clary

29% Mar

Jun

1%

.

_£1

Inc..

Associated Tel 6s Tel—
Class A participating

10

58%

101.1. 101%

100
pfd—-.100

4%

common—

Clarostat. Manufacturing Co

13% May

2.50

preferred
Aro Equipment Corp..

Liglit

&

Investors

Cinerama

Jan

16%

16

:

13%

Jur.
Jan

;■

Corp.i.
Chromalloy Corp——f——

33% May
11% May

Convertible

Associated Btationera

100

9%

-r.:.-.

/May

'2%

Apr

27%

101%

Apr
16

Aiir

10%

25
700

..10

i

preferred^_4
Power

Christiana

Clark

Jun

ii;600

,_l
♦

PoweriCo—

Consolidated

Chief

68% May

46% Jan
90

100

12%
27%

10% .10-%

of

Charter Oil Co

Jan

Jun

1ft

11%
•

8% Mar 1

11% Mar

27%

2s 6d

Cherry-Burrell Cori> I
:
Chesebrough-Pond's
Inc.——
.Chicago Rivet & Machine

99% Mar

31%

5,900
14,100

67%

62%

66

24.%
41%

Maine

Chamberlin

Apr

89% "Jun

•.5,100

i

-

Mar

8

B ord

rets

& Co—.:.

Corp

Convertible

Feb

9%

dep

(A M)

Century

r

Jun

11%

Jan

6%

22%

8% May

%

1,700

1:U

i

$1.50 conv preferred———•
<
.♦
Century Electric Co
•
——_—..lo

Jan

21%

-

Armour 6c Co warrants

.

Jun

5,900

Jan

i4.%'
,

•

Mar

1.3% July

5

10%

:.a

pfd——* t

$5

Jan

Jur.

ft**"'

Central Securities -Con)

Light—

preferred

Associated Food

Feb

I

3%

1,900
5,800

20o
100
f

i

pfd

Louisiana Gas Co_
Power Ac

u

2.40
1

"A" shares

Arkansas

3%

%

ft

12%

—

—

Inc

Co___—
Products C'orpi

Central

Feb

37

1
5
1
__5.50

Corp

<J W)

3.50%

Jun

1%

31

3%

%

4%

•XA

^

Central

18-Wuly

2

Angostura-Wupperman
Anken Chemical &

50%

4.7f

Anglo Aiper Exploration Ltd.
Anglo-Lautaro Nitrate Corp—

'

Apr
Jan

13-n

Ajne!rica__——J-1
Cenco Instruments Cdrp
:
?
Central Iladley Corpl
1

12%'Jan

Jun

Jo

"

2

-

Co

CatalJn

Feb

10%

v.

Jur.

9.500

-

Caslle

Jan

4%

17%-

18%

7%

*1%

Casco

May

45%
36

Jun

9

48%

47

47

3%

Products

Post

45

Jan

6,400

9%

9%

9V

Carter

May
19% May

Jan

7%

.

53% Apr'

1%

12%

3'7,'900

Ltd—

American

40% May

31% Jun

20s

—

Jan
Jan

38

1,100

13-%

14%

& Kennedy

'

«igh

Jan

ft \ -i 2,500

12%

-7%

1

1

rl%

ft

pfd__10

Products

Jaa. 1

Low

28%
i

~13%

Minerals——6c

Power & Light

Carreras

51

33

12,400

40

City

Baxter

Carnation

Jun

38%

16 y«

40

1

Ltd"

10%

43% Jun

10%

American Thread
Amurex

Jan

1%

Ltd partic

Petiofina

Range Since

High

.

"

Feb.

86

Ltd

Northwest Mines & Oils

Can

Shares

•
__10c

1

Canadian. Williston

14% May
17% Mar

Jun

77

.20

____

American Electronics

79%

0%

—100

Ltd

Marconi

Canadian

Aluminum Co of America—

$3.75 preferred
American Beverage

Ltd

'

11% May
65% Mar

Feb

12%

36%
8%

Co

Oils

Low

Ltd.-——/*Vft

Canadian Javelin

5% Mar

Jan

Allied Control Co Inc
Allied Paper Corp.-

Dock

&

Canadian Homestead

Jun

46

for Week

k

of Prices

Par

Canadian

Aigemene Sunetzljdo.N V—
Amer dep rets Amer shares
Algom-Urantum Mines. Ltd
'.AX

Sales

Range.

Sale Price

American Stock Exchange

...

Week's

Last

STOCKS

for Week

Range
Vf Prices

Thursday

IILY %

RANGE FOR WEEK ENDED

Sales

Week's

Thursday

.Jan

177

12V

•

Feb

Jun

"18%Mar

Jan

2% Jun

<

Volume 190

Number 5861

The Commercial and Financial Chronicle

...

31

(75)

AMERICAN STOCK EXCHANGE
Thursday
STOCKS'

Wcek'a

Last

Range

Pay
Electric

Bond

&

Electrographic

:

Electronic Communications
^

Electronica

Corp oi

EI-Tbronics,

Inc—

34%

40%

l;

America

400

41, ILtv- 11%

lib

lib

30

'

9,GOO

17%

;;.39!4

11%

15CV20c

I——

Low

341b

1-7%

9%

Jan

<?98

Jan

4%

4%

•47%
7 -

.6%;
7%
'10%, 11 -■

10! it

•"

850

40Tb

10,500*

:;$%' 10%
7%'.

{'a

1,300

7%

GOO

&

3,GOO

'V.'

Jan

.

CommoD- slis of beneficial int—.
V. $% preferred,—. "V7,
y;-j
Faraday/Uranium Mines £td__'_ui
_

—

%

Jan

*19%
179

152

3,800

9,500

-

12%-Jan

15%

-

6'

115.%

:

50%

Jan

30

r

-1,000

15%

-

—rii——J,

Apr

Co;Inc'-nnl
Flyin®»TlgetALUiC:l»c^-nkii-_<in^ y-s-i*-'
Ford* Motor. of, Canada~

r

.

Fort* Motor Co

Ltd

:]•; .American- dep
Fo*

„

reg__Li_ i—£i .Coi._ii.Di—fziii111.25--I

9%

-I*
----5 *?
—"

___

•

11%

Jcaniiette

11%

•T.A%

1 9ii

-

j'■

4

:-

Jan

2,800

Apr

34% Jan

1'.

Mar

3:^

;;'5% Jan
":l

•

48 '

5%

preferred

commoii—

i

39%

100

Gellman- Alfg Co
_i-;. <
Generak Alloys CoI____ 1

;

_

Genevsf

cah'-'ertible

5%

p

rcIcxtcd_i.

30

•':v.^3,T-b

.

%

7,600

49-

-- •

3,600

-.-10!b

%93R-;i

—r.~* >«,

^

'

:■

Alines——1

•

13%

3

Great WesternFinancial

Co

Great Western

common—COC"

1_1

6^». preferred scries A——30
Gree* Hydraulics-.
—_'.50c
Gridalk Freehold Leases
n:
9c

Griesettecic Company
Grocery Stores : Products

Gul^ st. Western

H

—5 ••;

:

11

2

•

.

21

3%

—l_25c

4

10%

20%
7!a

.

110

>.

9%

Lithographing Co———
lOq
Bishop, Iuc__—————-—10c

y

.-*32;-'
64%

—i—.

G5

33

45%

..1

49%

Heller fW E> & Co

preferred
Herculea

5%%

9

pfd———100,7

& Electronics

25c
•

Corp

——E;-:

—

8%

700

65%
33

96
74

.5 !-:;
r 3J'u

6

-•

3%

9%

.■

54% Feb

Clasa B

Ltd

class

A'_

—_

T

—

Horn- As Rardarf, Baking' Co
Horn- & Hardart common
5%f preferred
Howeli Electric

:

Motors

16%
15%:

,15 3 4

l4!b:

33

Jan

49%

Jan

51

!
T-

54 %

-

-31%
54

'

.

*-34%.

:

1

Co—

1

Hubbelk(Harvey) Inc
5
Humble Oil & Refining_'±—_•
Manufacturing Co:
5
HydromcCals Inc

56%
8%.
14 %

2.50

HygradeFood Products—,

:

Mar
Jan

27%

:_5

.

Industrial Enterprises Inc
2^
1
Industrial Hardware Mfg Co—• 50c

1,900

2Tb
31 Vz

Jan

4%

32

•- 500

Co Inc
:_25c
Co of North America——i_5-

For footnotes

see

page




33.

Mining Corp Ltd

-

5"b

7!b'
--

130

1

Co

Hone

1

common

States

4%%

Petroleum

1,700

7%

7,500

♦

~i'%

1%

~1%

200

Jan

--

18% Mar

18%

Feb

26% July

51

Jan

65% Feb
82

64'A Feb
6.
12

3%

3

3%

13%

13%,

15%

10%

13%
10 %

18%

17%* 19%

3,700

13%

15%

1

2

50c

Piping Co——

—5
50c

common—

preferred
50
Mining Corp of Canada
————'•'
Minnesota Pwr A3 Light, 5% pfd
100

■

Apr

8V4

Feb

Jun

18% Mar

Jan

*11? Mar

14k Jan

500

Warrants

1

10%

—

Jan

15

Jan

18% Mar

200

10Va

Jun

11%

Apr

10% Feb

6,700

13% Jan

19% Feb

,23% Jan

'

24%

900

7

7%

800

Jan

291

Mar

5%

Jan

8

Mar

34%

~7%

Jan

38

Jun

14%

200

13% Jan

99

125

97

38%

38%

100

31

10%

1

14%

97

98%

11%

3,700

1%

9,900

43%

11,000

2,200

1:

42%

41%

32

1

3% May

2% May
12% May

10%
8V4

5,700

24

10%

"ctfs"

Feb
Jun

'

10c

RR

100
100
100
*

preferred

4.50%

Chemical

1

Co_

Moody Investors Service partic prcf

31%

33 %

87

871

87

-

16% Mar

Jun

104% May

Feb

10 Va

39

Jun

Jun

20%

Jan

42 Jan

1% Jan

37

Jan

52% Apr

21-,

Jan

41V* Jan

144

6%

Metal

Products

com

cumulative

Apr

Vernon

8,400

46

143 V4

5%i
20%
159%

150

3%

100,

2% Feb

5%
20%

5%

900

21%.

2,300

158 % 160

800

Apr

4%

Jan

16V»
138-

1

2%
23%

23

26

5

33%

33

33%

500

2.50
10

12%

11%

12%

2,800

50c

Muter

Apr
157% Mar

Jun

44Jan

1

Inc

92

"9%

9%

9%

6,400

5%

1,800

10%

2%

2%

4,600
3.100

20% Jan

12% Jan;

3%

100

& Tel

320

14%

97% Mar

Jah

% May

'

3%

2.50

Milla-Inc

States Tel

TV

4
1

145%

14%
46

14%

90% Jan.

86V4 Feb
86

1

Clemens

20

93'

*•

Mt

preferred
Mt Diablo Company

10% Mar

-

Mar

'

Feb

138

91

1%
22

Jan
Jan

Jan
Jun

•

50% Feb
4% Mar
Jun

4Va

7J/4 Apt

24% Jun
165

68%

Jan'

10!b

Jun

20 % Mar

22%

35% May

Jan

4%

Apr

5 4s

Nachman

5,100

39%

Jun

48

800

13%

Apr

147b

7%

Jan

,

Napco

National

Hess—

(Mich)—I

Feb

3%

Jan

3% Jan
117

.Jun.

National

7% May
97/e Mar
147!2 Mar

•

National

National

6%

17,200

6

6%

14,300

7%

Jan

>

Apr

2% Mar

28%

Jan

37 Y4 Mar

13% May

Jan

36% Apr

Jan

12

Jun

12% May

May

24%

1,450

22%

3.800

Stores

1

13

Petroleum Ltd

25c

2}h

2
1
10

11%
30

24%

1

37%

&;

5

Machines

Industries Inc—

Research
Rubber
Starch

Corp

<■

Machinery
&

Chemical

.1

*

200

Transit

Co

1

6%

Jun

7

Jan.

4%

Jun

8% Feb

4V»

Jan

7j/4 May
3% Max

Apr
23% May
16

Jan

12% July

28% Mar
22% July
18

Jan

4*

2%

10,100

2V4

Jun

413 Mar

11%,

500

10%

Jan

13 V4 Mar

29%

31%

22%

25%
37%

11,500
3,100

Jan
Jan

25 y* May

35%

"7%

~8

3?8

4

2

2,600

15%
17

<

39% May

4

1,800
•

400

31

May

17

10c

National Steel Car Ltd

Jan
Jun

11%

*

National Telefilm Associates
National

3%
5

2%

12%

Mfg

Apr

5%

6%

20

National.Presto

8/s Feb

6%

1
23 %

National

90,

18,600

12%

Feb

23%

1,300

6%

11%

22%

Jan

Jun

6%

5%

1

Electric Weld

National

Jan

G

6%

3

Bellas

6%

&

Milling Co
Brewing Co

11%

—-1

Alfalfa Dehydrating

National

79%

11

B
1

Industries Inc—

Jun

14

28% Jan
11%

1

Corp

Namm-Loescr's Inc—;—-2.

'

Jun

->

,

N

Apr

Jun

Apr
10% Feb

7

;

Company

13% Mar

47

1,100

73

7

preferred—*

conv

Feb

33 r
66

Jun

2,400

70

7%

8%

37% May
17% Jun

Feb

•

42

2,600

73

1

National Casket Company

7%

3,350

2,200

convertible

National

5%

600

61%

10

Corp

Jan

14%

5%

26%

58:%

10!b

6% Jan

-■

25%

38%

13!

123% 130

10%
25%

60

Jan

Apr

102%

Jan

160

Jan

18%

Jun

55%

3,000

Jan

10%

24%

Corp

Jun

Mar

53% May
128% Jan

66%

>2

11%

24

Chemical

34

28'

100

16%

-4.100

18,200

Feb

24%

Muntz

81

31%

16'%

5%

1

Murphy Corporation
Murray Ohio Mfg Co
Muskegon Piston Ring Co_
Muskogee Co

700

,

29%

16%

28%

1

Jan

Jun

14%

18%

59 V*

Jan

Jun

14%

42%

8,000

29% Jan

21%

15%

3,000

13 3 8

7,400

20%

Jun

21%

3.400

41%

26

19%

Jan

Mountain

16%

24! 8 Mar

22% May

24

19%

34%

Mount

15%

Jun

23% 'Jup
Jun

21

26

16%
11%,

11? Apr
19% Mar

Monongahcla Power Co—

36!b Mar.
2% Apr

1% Jan )i

v

21 Va

Jun

140

600

2V» Apr

Jan

6,500

Jun

10,200

21%

%

10% May

3,200
3,400

54-

51 '1

21%

5,700
8,100,

36%

38!b

43%

1%
11%

11

1% May

22%

Jan

43 V*.

1%

1%.

11%

1,400

22

Feb

1,800

1%

343b

29%

10,800

1%

22%

43;

1,300

1%

35

100

900

'

1

Molybdenite Corp (Can) Ltd
Molybdenum Corp of America

3!-i May,

Jan

Jan

.250

16

287/a July

1

s.—

Montrose

Jan

9

80

13% Apr

15 V* Jan

Co—

15% May..,

.

16

Industrial Plywood
Insurance

&

Co

7% July

57

iV.

IOV2 Jan

10,100

•

7%

v

77%

5

2,200

28%

1

National

Imperial Chemical Industries^Amerka» dep rets ord
reg^——-£1 •
5!0
ImperiakColor Chem A: .Paper Corp—10
43J,4.
Imperials ©il (Canada )
'
41%
Imperial: Tobacco of Canada—13%
Imperiak Tob of Gi Brit & Ircland-^El
Indianapolis Pwr &i Light 4%. pfd—100
81%

13%

26%

Jan

5

300

27%

12

£1

Mirro Aluminum Company

'

55%
8%,
27

12%

Mar

34

,

:

2.50

-preferred series B
:
preferred series C
Montgomery Ward & Co class A

12 %

a

14% Mar

27% Jan

31%

Missouri-Kansas-Texas

12% May
17!b May

77!;

^

———

Apr

warrants

Johnson

Midwest

6% Mar

12

Hurt* Lock &z

11%

1

Miller Wolil Co

Jun

75

.

31/4 Mar

♦

7,100

%

7

4.80%

35%

62 Va Mar

'

14%

10c

4% Apr
10% Apr

—100

;

20.

Jun

13%

24

50c

18% Mar

225

Jun

150

1

Feb

3,200

,

Jan

49!b

29%

Stores

37%

t

1%
137/a

29

lc

2% Jan

55

4,800
1.300
10,300

16%

^

—

July "

Jan

••8Tb Jan

31% May

54 %•

^1

Oil Corporation

Co

Middle

Jan?

100
"

25V* Jan

Jan'i.

15

.

Public Service Co

Midland Oil Corp $1
Mid-West Abrasive

July

12%

Jun s
,

52 %

:

11%

*

2%

7V4 May

Jan')

6%
12%
20

16%

"

97%

Hoover-Bali &, Bearing Col————10:
Hornrek (Geo A) & Co__:
!:
%—15

250

28%

M

51

'

2

250

6,100

5% Apr

53%

2,50

4.40%

51

2

7%-

33% Apr.?
4% Jan

_1

Jun

Holophane

37 7 b

29% '■

7-

10%

i

30c

Jun

6,700

706

13 %

28%

^_1

6%

2,000

-

12%

28%

2

"t-'

Michigan Sugar Co
6r/o preferred

Apr

Jun

May

100

^50

Co

13!b

3%

-

(The)

Jan

1,900

8%

12%

5

Lunkcuhclmcr (The) Co

Micromatlc

Jftrf

8

75

'/1% Jan

1,900

15

~7%

1
;

C-%

3%

•

Shipley

30

5% '

10

Chain—

1.000

31,700

1

Jan

33%
'

Jan

-

,

Michigan

6% Mar

Jan

4%

21.30C

-

1%

^; '

Jan

40

5%

-Jan

5

Metal & .Thermit Corp—

May

5la Jan

1,000

6%

32%

Home Of! Co

Steel

Menasco Mfg

9% May
10% Apr
2% Feb

94% Jan
71i
Jun
-

15,500

1%.

i

15%

11%

33%

1

19%

120

2! a.

Co
._x—
Holt (Henry J &; Co___d

Jun

12%

33%

1

3

8%

-.4,000

16%

-7%

3,200

3

8%-JMa?

Jun :

9%

1

::

com

Industrifb-Lnc

30

200

•

13

..

12%

Inc

(R G> Inc

(J W) Iirol
McKee (A G) & Co.

30%

t

24,400

;12%

-.

191/4 Jipr
14% Mar

5,c
cumulative preferredLithium Corp of America Inc

Martin

74% Mar-

'Jan

5'

400

51

'f-y.

Jan'*.

International Marine
Communication Co Ltd

9% May

■1% May

2,900

13%

-

4%

1

3,000

tJ. 32^'

-

29,800

3%

Marconi

11Tb Mar

1%

--

3

Jan

7%

Maulc

Jan

3r!b.

14%

9Va

7%

Mays

8!'o

32%

-

14,200

Iron

3!b

Corp^

Inc—

14%

Mcsabi

——ls-^"
,_25c.;
Hollinger Consol Gold Mines——5%„.
Holly; Corporation—I
60eHolly, Stores Incl^__——
D7
Hofmani*. Industries

13% Mar

13%

7%

I

Mages Sporting GoodiL:

Apr

34

♦.'713%
>

Jun)

14%

25c

r" Jan i

1,100

—5

Corp

18% May

Jan

72%

33b

—-2.50

:—

Holfroai* International

,

21% Jun

13 !4

Jun

.166?b

.

6%

Jan

*

6%

95%

...

9,100

11%

Masscy-Ferguson Ltd

29%

850

;

12%
13%

Hoe £B> & Co Inc common

ClasaAl

Tourncau

Magna

Feb

500

45%"

16%

Highway Trailer Industries com_u—25c ,>
5%,
convertible
preferred—
_16
Aircraft

Refineries

Apr

,400

.,1,500

6% May

21%

Mangel

4,900

-

1,600

Jan :

19%

Mansfield Tire & Rubber new

7 '/ft

5 /'

Jun

4!b

19%

Jan

9!b

4,500

9%

Higbiff'Manufacturing Co,.'..:—•_—_1

HUIer

Juii-

32%

7

15% Jan

11%

5

Island

'1%

Mar

9

5% Jan '

100

50c

Leonard

&

700

Inc

Liberty Fabrics of N Y

Locke

"""

■

30% Mar

Inc

Realty

Le

5%

Jan"

Merrill

9%

.

1

Lr„ Salic Extension University

'

1?3/V*
11%

5%

25%

Feb

700:

7%
11%

5%

1,000

23

47%

5%

1

29%

J8% Jan

•

3% Mar
Mar

28

1,300

:

14% Mar
12

<

29%

Jan

3

Jan.

•

Jan

700

13% Mar

;

10

21%

8Tb:

•

6

Merchants Refrigerating Co

-'745%

72% '•

Gallon-Products. Ine—n.-lOc.;.

Herold Radio

1

95%.

—^-—-.-100

—;

"

Jan

'

13%

Jun

32

u_;——i—____25c

7

Lynch Corp

21! b May

Jan

.

6%

1

Feb

Co

Sessions

Jun
Jan

4%

'61,

•

.

Jan...

19%

-43b

3%

l%

2Va

,

Apr i"

20!4

C4%

6fib

12%

3,500

,

23% Apr
23% Apr

/

Jan

16

Jan

1,400

:'4!k

200

3

Jan

20% Jan

900

Mar

2,500

'.:

14%

2!b

17

200

1,600

3

"

V-,;

14%

2%

400

20% July

17%

13%

57

4% Jan
ia Feb

>

Jan

16%

1,100

8%

1Tb:

Inc——u„•—•
■

30,300
•

May

% Jun ^;

Jan

••'55b Feb

Jan

5

4%

Hcclai, Mining Co—

-_

8%

4%;

.

"l

;/

_

%

17 -<

9%

4%

Helens* Rubenstein

Corp

2,700

3
.

14!b

6,400

3%

13!b

'

9

7% '■

26

Jan-

81b

"

Hasting* Mfg Co-^_—r—L.u2_*_2,r.-.
Hathaway, Industries Inc—
——1
Havana

15%

.

7-

67

Harvart*Instruments Inc ——_1_1

- -

»?20%
'6%

32%

Hartllcld Stores Inc—4—
—1
HarttoK* Electric
Light——:_^J__25"

Hell-Clolk

.

1% May
10% Jan

3

%

3%

Industries

Mead
>

Corp_i_

HaZeWine Carp—_n—_n_,
;^ -New,commonr w i.

Mar

:>

;

Co_l——10c

Inc

18%

2,900
8,500

4V4 Feb,

1%

7%

Maine

,100

9!b^11

,

.

Jail

56%
-

"

3%

li-.
20%
20%

3V4 Feb
3% Mar,

Jan :

10,700

7%

2.!b: Feb
Apr
8%. Feb

400

3!b

3%

Lodge

:

23,100

2%

17%

3% May

2%

3,300

3%

22 V4 May

2% May •:
1% Jan *

3,200

2

3

Jan

21%

2%

..

5

2!4

2% Jun
11% Jan

2%
1%

3

ia;
Apr
19% Apr

<•

14%

Magellan Petroleum Corp—
Voting .'trust ctfs w i

•

14% Jan

Jan

7%

.It

16% Mar

13%, 13%

11

Jan "-

Feb V„

1%

Jan

900

•

"

13%

5,000

-—

&

Lcfcourt

7

; 11% Mar

6% July

46% Apr

12% Jan-.

13%

Corp of Delaware—

Jan

25

Jab 5

30

700

2

1

10%

6,500

19

Mar

•

36% Jan

900

-

Jan

■

28% Jan ■■■>-

21%

Mack Trucks Itiauvarranta—

3.300

18

16%

8

101

Jun

12

Macfadden Publications Inc—

200

7

91 "
.'3,7 11.

J-.J2- i

50©^

Harnlschfeger Corp—

Hazek

iff

1,950

" 18%

75 pesos

lO

25 "2

:

HTjr 3
•■'.'i

;

21

2

Harmen-Kardon

25%

.

--

2%

2!i

—1 f-

Lamp

CoHarbor, Plywood

"

lnc--i_—L—l0c

Industries

&. B- American Machine

Hall

.

~6%

42'.'

15%
18

I8V1 July

•

Jun.i

4

19%
21%

L_

Foundry Corp
Industries

Lear

Apr

a"7.4

Jan

40

~

12% Mar

95%

20%

:

24

5

3% Mar

19%

—■—

Lauston

27%:'Jji'n;..>

l!b Jun
35% Jan

15% Jan

Jun,..
Jan

33 %c

35!b May

500

8%

I—~7_.50

Apr

6,500

5% Apr

3% Jan

13%

Jun

16 7n

400

5

Feb

.:-7^ 7%

•'

1

Corp—___;

•%.

:

'

7

100

31

2%

III—II5

7%

:% 7.000

A
: 42 % '

Feb

A

Jan

2

57,300

19

A

29%

3.300

3% Mar

A

20%

i;4oo

L3!b

48,600

4%

30%

.

400

™

!i

43

18%

18%

95%.

4

16

2~50

1,100

3%
3
:L% :-i 1%

'

1

|iO!b

9%: <10

13! a

T% Jan
.

500

41

_5

Longines-Wittnauer Watcli Co
Louisiana Land & .Exploration-

May

-

24% May

2,200

95%

~l25c

19%

5% Mar
1

300

.32%'#3!i

10

Chemical Co_—

.3,400

12,200

Feb

7

Jun

Mar

26,400

io

31

15.;:; Jan

Jan "

5%

'

16%

4%

pfd—100

Co

Lamson

9!bMay. "
I3";b Apj'

Jan

1%

&

Lanison

,

Majr "

;.

97

.

Jun.

1

33%

...

14%
20%

%;• aoo

20%

10c

1,200

1,500

J

6%'f

1 !b -

Goodman-

Great Amer Indusljics Inch—

*>•

^ c

-2.!,»

-

Jun

&

18%

(Walter)

•

Lamb

Jan

DTb

6%, Apr
8 lb Jan

2

—50c

Apparel Inc
La Consolldada S A
Lake Shores Mines Ltd

Apr -*;•

88%
102

11% Jan

1Gb

6%

Manufacturing Co
—16%
Gorhacv Manufacturing
—4
Grand-Rapids Vatni$h_f.—___1"
Giajk Manufacluring Co——.
c___;_5

92:%
-

200

24%

Products-Dorp, cl A____fOc
Consolidated

>3

3D,-

24! a
V/A

Goldfleld

225

8,300

13%
•

w

■:,Gobek»; (Adqlt)>flncn_nwi-^u—iA-iiGold Seal

%

i 8 Tit
ll%.:ai'l.

-

9Vz

2-<h

"

'. Feb

6%

Jan

93%

Klddc

Lakcy
'f

P

'

'97%; Apr

4%

8-

2

18

L'Alglon
f

2 7 % Ma r

Jan

1%

4%
9%

Corp—

(Tlio) Forge Co
Kruegcr Brewing Co

Jan

..19%

Jan

10 Tb

•-

—

Producers

Jan

3% July

77!'4

—i__

"

5%

17 !b

4,500

82
Apr
27% May

Jan

,.14
,

15c

(D) & Company

,;Kiiox Corp class

Jan

*.

37

79%

Gold;Alipcs—:——Ivu .=•-8%

.

34 Vn*

Industries

—

Apr

'■

-

Jun

10%

:

Company

29 78

-18%

*

10,800

900

3,100

3% Mar

Jun.

>

14%

3,200

&

10c
—

(S) Dept Stores Inc
Kleincrt (I B) Rubber Co
Knott Hotels Corp.
;

Feb

23!b
:

28%

"

•

4" V,

78

4,200

1%

1

Kobackcr Stores

7%'Mar''

17% May

2^700
JO1 b
iv'13% J9-' :
500
*
2t'-% §2% 'I 19,800

18%
22

^——-*7'..

■Glcnntore DLstUlcries rhtss.B--——.---1
Globe- Union Co- lire
1-5

Guilt* Films

24,600

;.-29%

■

—^

preferred;

Gulf- States Land &

|l%

4!4

Jan

20%

;

23%
5%
19%

1%

Glass

Kropp

8! -i Mar

?

4% Mar

Georgia, PoWcr i$5 preferred—

Great Lakes Oil

4%

21%

22%- Apr
12% Apr

Jan

Feb

3,900

Jun
Jan

Jan

May

107

July
•

Jan

,rcg____,_j_Sl£l% i,

.

Gilchrist Co

'

1%

\

Fireproofing
5
GcnerakIndus Enterprises—-..
ij—zz.
'•
General Ply Wood, Corp
V__ -^1- j__50c/7
Gener.ak Stores, Corporation^—
General* Dransistor Corp.—i_^_b—^_25c

Giant XeUowJ:nUe
Gilbert (At.Cj Co

/■

3

;

-

8%
2%

7

10

5%

Klein

!" Jan

48

20% Jan
20%

General

Genu»a'» incorpQia ted

104

50

[

Feb

2,200

u_n255:>

General Development Corp.;.,__—i
Generak Electric Co I.Id—
-

Anjerh^n de(i rcts^prd

39'

^4T'a

4%
v4,%

4%

100

$!b

•{;

"

Buiidefjr.Corp cniRiiioh——_i

39! b

-ill

104

*■■■.

GOO

2,400

78'

17%

„

G
Oatineatk Power Co

Jun

2%

2%

-

-91i.May..';

"

1%

V 4%. Jun

32%

.

Feb

34% Apr
45% Jan
24
Feb

10% Feb

5%

; Kln-Avk Oil Company
10c
Klngsford Company1.25
Kingston Products
IIIIZZ20C
Klrby Petroleum Co
1
Kiricland Minerals Coip Ltd-

200%'Jun'it:

6 IS " Jan
.

•

;• 201' y jun >
■"

3.3QO

i'40 :

42%

Jan

'5dl00

Apr

-

1,500
3,900

33,700

19%

Kennedy's Inc
1

13% July ?.'

114%; Jan

19,700

S2'.

',^4!->

,"4r,8

111%

10

Feb

'

20

16 Va

Mar

'

Co_.
Industries Inc

Kaltman

.12% Mar '

•

29.

18%
19%
10%

'-'4

.Kansas Gas & Electric 4%%
; Katz Drug Company
; Kaweclii Chemical Co—
"Kawncer Co (Del)-,—

:9% Feb
12%

•

High

<42"% Jan

ft:

Jan

%

-

K

May '•

;

16%
17%

1

Jupiter Oils Ltd——
^

Kaiser

v.r 7!ji, Jail

Jan

200

L

vl.iV Jan

;

Jari

5,700

■12 9T

9%

2 ;
-4%

■

.

Company
.(Geo Aj'Co.D:—i.

Jiin

Jan

190;% 11 1%
loo r

;;

8

6! b May
9% Jan

-

8%

,

j^

V.

.

'%

"-.-800

-|3%

13' it

190%

rcr« ord

Ileack -Brewing

1

•

-

2,000
T 5,100

14,100;

*17'

'

—

Fresniiio (.The)
Fuller

r,

.*.

4

30

A

•'

May
]jf Jun

3,900 '

6%
1%

.

17%

L___.

non,-votingClasac D voting

6%•

Wk

xliib
r*
10%

13%

'.

13,100

*

'

'•»

5.000

5%

5*7

:ru'..

32%

—1

J?-'.:

July

,

100

9%,

10c

■>

Apr

18%

27% Jan

13

■i

5

Ftshmaa (M ID

v-' Clas* A

84..

31%
33%

78

1

A

Jan

22%
,

-c-l

Corp2——.A—IV r .6%
Pilmway^ Inc,. _•—„—iD.;
—25c *
6%
.Finaiociak (apneral
r-ioc '
11%
Firttfc Sterling Iirc-—V—
a2;50 *■'•10%

.

Class

.

Il9%

-19.

1

Manufacturing

Jan

25.

,

600

Israel-Mediterranean Petrol Corp Inc_lc

11% Mar

i.-V: *$.,.♦

1*

«

Fargos, Qilr" Ltd
•Felmonk Fetrflleum

;

Mar

11% Jan

,

,

-:

21%

Fireman

Low'

14%

"2%

Jctronic

-Factor (Mas) & Co class A
Fairchild' Camera & Instrument—.
F^iaido Eastern Sugar Associates

-

19%

•

14%

:

10c

; Ironrlte
Inc—
—
I wing Air ChuteIsrael-American Oil Corp—

9 % Alar

Jan

32

5

33%
18%

Iron

Jan

13

•

Range Since Jan. 1

High

31%

Company
33%c
Investors Royalty
1
Iowa Public Services Co 3.90% pfd—100

60% Mar

,

Ltd

Co

Shares

14%

Intcx Oil

G!b Mar

10% July
9% Jun
7
Jun

Petroleum

Shies
for Week

of Prices

Low

14%

1

International Resistance Co:

Feb

11%

Holdings/Ltd

International Products

May

a

104 "

6% July

■

GOO

'

7%

■

.

'

33!

,

,_l,

International

2% Mar
.

9% May
3% Jan

'

—1
Manufacturing Co—__—
Esquire Inc —~:•
—.1
Eureka' Corp o ra tlo 11 Ltd
$1 or 25c
Eureka Pipe Line
10,

<

28,200

4t%.- 48%

10%

Ero

■

5,200

•

-■

Jan

19

Par
International

May
44% Apr
16,%, Mar

Jan

1

1,000

IX!i

rl6%

10%

Sale Price

International Breweries Inc

Apr

21

Feb

13,400

30

Emj^re District Electric 5pfd_ __ioa^
—1*
Empire Millwork Corp—
10c
Equity Cprp common—-—
$3 convertibe preferred———
Erie- Forge & Steel Corp common
6% .cum- 1st' preferred.
'—

38

-

Week's
Rafage

Last

.

American Stock Exchange

High

Jim

28%

3.500

1%

29%

,

32

14%' Jan

6,600

.

Thursday

STOCKS

Range Since Ja*n 1

High

"32%
;

1738

—»&
—I,

Inc—-———:

Emery Air Freight Corp

Shares

Low

5

Share,—

Corp—

RANGE FOR WEEK ENDED JULY\3

for Week

of Prices

Sale Price

American Stock Exchange

Sales

Jan

37% May
19% Feb

Apr

10% Feb

7%

3% May

5

Max

"

J

The Commercial and Financial Chronicle

32

EXCHANGE

AMERICAN STOCK
Range
of Prices

Sale I'rice
•Par

National

Union. Electric

Ncstle-Le

Mur

New

England

New

Haven

New Iclria Min
New

Jersey

Corp—

30c

Co—_

Tel
&

.

Monday, July 6, 1959

.

& Client

New

Mexico

&

Pacific

Process

Land----

29%

27%

20:;4

1

20 7

& Oils Ltd--——20c
New Park Mining Co
——-1
Co—
Superior Oils

New

——

2%

12,400
700

27%

27%

1,200

25

25%

323

110
1

27-

-_

»

257a

Nickel Rim Alines Ltd—1
r

14% Feb

12%

18,200

7%
38%

7%
39

4,200

—

12 Vt

•

39
4

3%

1,300
11,800

7%

1,100

3%

.

7%

7%

86%

Ltd——1

NorthSpan

Uranium

Mines Ltd_,
Warrants
Nuclear Corp of Amer A
(Del.)

V"

24

35%
90%

35%

4% Jan

—90c

common——

■;

{'I

Denn

Jan

Jun

26% May
40% Mar

230

87%
13

Jun

98% Mar

Sicks

8,000

%

%

.

1%

Jun

1,600

2% Jan

Products

400

4% J.'ffi

72%

70

72 %

200

Oil

Silex

17%

600
200

16%

Jan

22

Feb

Silver-Miller

8' is

3,4.p0

5%

Jan

,10

Mar

Silvray

31

31%

conv

30

30%
2774

Pancoastal Petroleum (C A)
vtc_„2Bol
Paii Israel Oil vtc——.—.—

21

100

86%

88%

340

84%

550

83

90

91%

6%

6%

14%

26

Jan

Jun

23%

Jan

20%

Jun

23

Jan

85

Juu

95% Mar

Jun

91% Mar

Jun

100

Feb

South

Coast

143%

Jan

South

Pcnn

Oil

84%

GTii

3% Jan
13% Jun
8% Jun

54,900
17,800
275

99

1,000

19%

Jun

3%

14,400

%

12,800

i%

1%

10,000

I

3%

13%
102

5,200

2,000

7 Tii

4%
13 V-i
7%

100

7% May

7%

7%

200

G%

Jan

64%

1,100

60%

Jan
Jan

I'hiliip.s Screw

idioenix

11%
4

1

Co

7b

13

2.50

10c

.

Steel

Corp (Del)
;—-—4
Aircraft Corp————1

Plaseckl

Pierce Industries lnc—

7%

.64

647c
29 Li

Poloron

Polymer Corp

class

A

—.—.—1

Alexander Inc

Power

of Canada—;
Royalties Ltd

Corp
Oil

Jan

14% May

f"lpe Line

4%

Jun

Souliicrn
Southland

5%

43 Ti,

3,500

6%

1,100
1,900

Jan

9

48%

Apr

7%

Feb

Standard

Forgings

8%

Jan

7,300

13%

14)

4

3,600

92

94

550

83%

Feb

93 Vis Mar

Standard

12

12%

2,900

10%

14

Jun

48:!'i

67

Jan

Stanley Aviation Corp—

48%

Jan
Jan

100

32

2Tit

2%

300

2V2

18%

500

17%

Jun

Standard

Oil

19% Feb

Standard

Products

14% May

Standard Shares Inc
Standard-Thomson
Corp_-

15%

4%

Jan

18%

.

18)

Apr

66 Lt

2%

East

Jan

1

Mines

Ltd

2

63
24

24%

(The)

—„1

Mines

_10c

Ltd

Corp common—.—10c

convertible

pi-efcrred-.

13% -Jan

Statham

72% Mar

2},V Jun

710

17,000
2,400
2,000

61% Jan
15% Jan
513 Jun

Steel Co of Canada ordinary—.
Steel Parts Corporation
Stein (A) & Co

19

20:'u

14%

14T4

11

11"

11%

85 y8

83%

85%

—-V"

5}5

.

25c

-

10% Jun

7

Jan

All!
83

Apr
Jan

26% Feb
81J Mar

14% Jan

21

20o

v

15

Jun

Jan

10% May
83 Vis

90

5

Jun

33%

34

700

33% Feb

22%

22 To

23%

2,700

5

73%

68

75%

2,200

18% Jan
46% Jan

(J

B)

10c

Co

_•

(Hugo) Corp—
Container Corp
& Shop Inc
Stroock (S) & Co
Stylon Corporation

44

24%
0

90

Jan
Feb

Apr
May

Q
4TB

4%

1,500

5,900

774

600

1074 Mar
57a Mar

23

3474

34.7b

Jan

v

Feb

9

7% May

47Mar
1774 Mar
9 7b Mar

207b

2,300

Jan

957a

34

200

22

Jun

38

Feb

8

Feb

55

10

60

Feb

247b

25

600

2474

Jun

36

Feb

23"',a

237b

400

23

Jun

54

Mar

257b Apr
57 74 Mar

55

55
25

■

i—

21

100

46

J.Uii

537b Mar

22

%

1,500

20%

Jun

237b

Jan

500

20%

Jun

22 7b

Feb
Apr

20%

20%

20

20%
474

20i!

14%

--

200

4%

13%

13 Li

Jun

x47

x47
22

55

800

22

1974 May

57b

Jun

4

11Tb

1574

Jan

200

77

77

77
2 'i;

2%-

2%

16%

15%

16%
14 %

39,900

15

16%

.

1%

Jan

16%

Apr-

l.«b

Jun

4% Jan

97b

Jan

16%

5,300

14%

Jan

217b Mar

150

267b

Jan

28

1,900

9,000

16%

Jan

1,000

6474

Jan

64%
16

1674

300

237 b

24%

1,300

65%

57 b

3.20C

13%

4,300

7

Jan

700

11

Tn
3 Vb

U

17,700

11%

3%

11%

500

7Tb

7%

100

11

3%

18

29%

7,100

88%

425
300

6

88% July
10

300

157b
17%

Feb

21Tb

23%

25

~4

~3%

"*4 7 b

26,300

-3

Jan

21V'2

21%

2lVb

100

20

Jan

31%

32

25

'

32

40 Vb

41

16

15

16

25

X25

,

200
300

Tb

300

,

347b
26%
4274
167b

3074 Jun
217b Apr
337b Jan

Rapid-American

May

3

37b

9,200

3

Jan

4 Tb

Apr

l

3%

4

8,100

374 Jun

57a

Jan

1

3%

3%

3 Tb

1,400

37b

Jun

4% Mar

7%

Corp

13

3

3%

7

7%

2,160

67b

Jan

97b Mar

16%

1774

500

14% Jan

18

16%

16%

700

1474 Jan

177a Mar

Symington Wayne Corp warrants

Talon
1

1

————

Rath Packing Co

—10

Raymond International Inc

30%

28

22

20 '/a

——10

70%

common

1

13%

20

Red a Pump Co—
Reis (Robert) & Co

1

26

23% Jun

$1.25 convertible preferred

Reading Tube Corp

T'u

70 Vis

3,100

28

Jun

39% Mar

22

2,200

19%

Jun

25

76

8,400

12%

13%

2,800

22%

23%

600

54% Jan
11% Feb

76

25

Mar

22

Jan

%

18%

19%

500

2%

2%

5,000

13,500

lo

50%

49 5,8

50%

1,000

48)4

Apr

1

13%

13

13%

13,700

HVa

Jan

34%

July
14% Mar

Jun

10

Industrial Corp
1
Resistoflex
Corp
1
Rico Argentine Mining Co_—-——50c

1

Corp

Reliance Insurance Co

Remington Arms Co Inc

—.

Republic

RidgCway Corp—
Ex-liquidating
distribution
Rio Grande Valley Gas Co—

19

n

8%

2%

3% Mar
1 % Mar
54L8 Jan

16,100

7%

Jun

13% July
9% Mar

35%

18,200

28 %

Jun

46

2%

700

2%

Jan

3% Jan

974

500

9'/a

Jan

12% Mar

9

7%
30%
•

Feb

21% Feb
18
vApr
% Jan

2f%
u

Oil

May

30%

—__—50o

Reiter-Fostcr

2 Li

■

Apr

.

Vtc extended

1

to Jan 3 1965—.—

Rochester Gas & Elec 4% pfd P
Rokeach (I) & Sons Inc class A
Rolls Royce Ltd—

American deD rets ord reg—
Roosevelt Field Inc—.

Roosevelt. Raceway Inc——

1

100
50c

——*

footnotes

4%

474

13%

81

81

3.000

15

82

57 b

5%

1,500
20

67b

10.500

3% Jan
13% May
80% May
4% Jan

1.25
1

574
19

6

74

67b

5%

300

57a

17,300'

6%

see

page




33^

.

Apf
15% May
86% Jan
7% May

5%
17%

Jan
Jun

19

1974

700

6

6%

8,800

3

Mar

8

87b

10,200

8

Jun

2Tb

Jan

4%

Jun

/iv

474

47b

5

5,300

4%

47b

474

2,100

25%.

25%

10,200

1

4 Va

47b

474

6

5%

"

.

(i

-

25

15% Jan
8 % Jan

Jun

67b

257a

com_.—

Petroleum—

5 To

-7

13% Apr
6 7b

1

Co. new

Ryerson & Hay nes
For

-474
14

8

50c

Russeks Fifth Avenue—;
Russell (The PC' Comnanv

4%

B

A

Jun

/yl00

4 Vb

1,500

3%" Jan

Jan

6% Mar
20% Jan

8

common

cumulative

Technicolor

Tel-A-Sign

preferred

7

10

Texas

&

Markets

674

Jun

5,300

274

Jan

2,400

9

Jan

57b

4Tb

Jan

77b Mar

1074

Jun

177b Mar

10c

11%

127 b

2,200
5,300

1

1%

1%

u

1,7 b
74

41,500

-•

Inc—

-

—5

10c
-10
-25c
1

—:

5

7,900

17b May

247b

23

3Tii
14%'

3 TB

37 b

2,900
14,300

14%

15Tb

600

26-%

26%

27

30

2874

30

1

,

600

-

4,500
800

21

*

Shipyards Corp
Edison 4%%
preferred

~4

4

registered—,_5s

20
100
Tonopali Mining of Nevada———1
Tower Acceptance Corp class A
—1

Jan
Jun

97

Jun

31

Jan
Jan

17

23

1Tb
8%

Mar

3474 Feb

26% July

Jan

28%

Jun

36

Jan

22% May

600

3074

32 7 b

8374

1,500

Jan

97b

374 "Jan
Jun

3874

Feb

90

Apr

8374

Jun

847a

225

37a

8 Tb

77b

9

1,100
3,400

274 Feb
67b Jan

Trans Caribbean Airways class A—10c

14%

14Tb

157b

1,000

1
50c

2%

2 Tb

274

137b Feb
17b Jan

%

%

Trans

Cuba

Oil

5%

Jun

Trans

Lux

Corp

Co

Inc

class

Triangle Conduit & Cable

A

Co

-—-—1
•

13

12Ta

6,000

7b

35,000
1374

2,400

7

1

374 May
9
July
22% Apr
4

Mar

Jun

I:1* Apr

Jan

147b Mar

.—10
10c

34%

34

34Tb

30 Vb

warrants

Temper Corp
from Harrison Inc

84 %

Jun

4 7b Mar

29

3

Guys

Feb

37b Mar

1774

3

Two

Jan

lfe Mar
Feb

7b

874

20%

ord registered—£1

Amer deposit rets def

True

27b

■

Apr

-—-——

Amer deposit rets

Tri-Continental

227b

92 74

24%

21

Roofing Inc

Trans Cont Industries

Jun

7,300

5 %

—

Jan

6%

77.u

274
1874

Light $4.56 pfd

Jun

6% Jan
27% Jun
6% Feb

97b Mar
374 Mar

77b
27b

12%

Tobacco SecurlLy Trust Co Ltd—

Toledo

Feb

27

Jan

17 74

7%

—25c

Co—

7%
12%

.

16

547b Mar
Mar

4174 Feb

1,400

1

Thompson-Starrett Co Inc coul
70c convertible preferred.

Tilo

2.000

2%

Inc

Thew Shovel Co

Thorofare

4874
2174

1

Industries

Power

46 T 4
20

17%

1

-

Tenncy Engineering Inc
Tex am Oil Corporation
Texas

48%
21

Jan

20c

Inc

Inc

Calgary

87 b

Jan

8

10

Corp

Teleprompter Corp
Television

17%

,__5

common—

Tampa Electric Co
Taylor International

Todd

Royalite Oil Co Ltd

Consolidated

9 7b

£1
1-50

30c

Roxbury Carpet Company
Royal American Corp

9%

class

lnc

Class

Thriftmarket Iuc

Robinson. Technical Products Inc.:—20c

Aeronautical

Feb

1,700

i

Mar

V-V

Co

Corp

Jan

Jun
Jun

—.—•

R
Investment

July

177b Apr
57b Mar
2474 Apr

1574 Jan

40 V»

Mar

247b -May

Jan

5,200

21 Vb

23%

25

Mar

43

Jan1
Jan

71

974

574 Mar

15% Mar
147b Mar

■

Jan

23

82 Vb

Jun
May

27'a Jan

Jan

1174 Jan
574 Feb

25%
9

14Tb

>

% May

6,300

Feb

574 Jan

4% Feb

28T*.
9

71

17% May
247b July

.

Jun

i,V

7%

217b July

1274 Feb
227b May

Xl2%

5

xl2Lt

Jan

97b Jun

87 b Mar

9%

65%;

■

47b Jan

Jan
Feb

27%

2VA
5:'
13Va
11 %

Feb

Jan

974

217b

9%
20

Jan

11%
i

400

6

27%

20%

5,400

84

Jun

2Vb

1,800

12%

74%

-

1074 Jan

774 May

T
'

Jan

13-

Jan

Jan

41%

14%

547b Jan

Jan

3

—:

5
1
1

I

—

Sunset International Petrol
.

1

4

■

*

Stop

Superior Tool & Die Co

Quebec Lithium Corp
Quebec Power Co

'

.

774

Fob

Apr
Jan

187

5Tb

1

Sterling Precision Corp (Del)
Stetson
Stlnncs

11% Jan

225

—3

—

5,000

34%

•

Sterling Aluminum Products
Sterling Brewers Inc

Mar

10%

900

:J

—

38-

397a

Jan

May

4

88%

1

5

Stone

100

II,800

57a

22

50c

;

Enterprkies Inc
Instruments Inc

63%

14%

Mar

81J May

4574 May

900

77b

125

9,600

57b

13%

774:

1

200

20

1

Service of

Pyle-National Co

Ryan
Ryan

Uranium

—1

-

B

800

1

,

Colorado—cumulative preferred
Puerto Rico Telephone Co
Pugct Sound Pulp & Timber

i

50c

class

1

4,400
1,100

..

..

49%

5

1

——

7j0"

a

—-1

4%%

>

Starrett

Co

2%
65%
24%

11

66%
.

•
;

Dome

Providence Gas

Ranio

Tube

Stamock

21% May

>

(Ky)

66%

11

-*

Progress Mfg Co Inc
Prophet (The) Company

:7'

1

1
10

1,900

9% Jan

1
_20

Corp

17

V

67 a-Jan
10

Jan

337b

10

674

t

57 b #

35

3,500
.

u

5%

$1.60 convertible preferred
Standard Finuncial Corp

12

.

6:!4

5C

377 b

13%

1

Standard Dredging Corp common--

1% Mar

7 VB

12=%

1,900

57 b

—

16 VB
10%

•

U Jan

Jun

77b Apr
77b Apr

_i

Spear
Spencer Shoe CorpSperry Rand Corp warrants
Stalil-Mcyer Iuc

Jan

9% Mar
66 Li Apr
31% Jun

7%

7%

2

—

16%
12

1Tb Jan
4% May

36"b
138

48 7

5%

Corp__2

Royalty Co.—,_5
Company--———10c

14% May

7% Jan

6 Tii

Jan

257b Jan
5
Apr
47b Mar

Apr
27b Jan

2.600

7'u

36 74

cumulative preferred——————_25

8%

42%

—-—-1

Prcntice-IIall Inc

Public

4.08 %

Petroleum

6%

(Del)—2.50

Pratt & Lambert Co
Preston

Feb

Statecourt

Powdrell &
Prairie

Jan

Co' Inc-——

43=1 it

1

<

A-

Feb

Materials

1% Jan
23 % Jan
5% Apr
4% Jan
12% 5an
9V'o Jan

—~—■——1°

Products class

5% original preferred
25
4.88% cumulative preferred
_25
4.78% cumulative preferred25
4.56V7 convertible preference—4—25
~::4.4a%convertiblepreference———25
4,32%
cumulative preferred25
4.24% cumulative preferred
25
California

22 %

46

Jan

Edison—

Southern

3,500

94 :;

—

California

Southern

8,500

13%

Scale

.——12.50

16Tii May

30%
1A

1

Pneumatic

1.
)l

-

Co

17 Lb May

1%

29 Tii

Jan

5,800

138

1

;

Feb

1,600.

Jun

44

3,809

iv
5

36%

367e

„577b

•

1

14

'

1%

& Lake Erie———50
Pittsburgh Railways Co———-—*

Pittsburgh

—•
>-•

Co

14% Jan

2

pesos

i"o

18

4% Jan

11%

Jan

Apr
Mar

2)4

---

Jun

11%
4%
12%.

Southern

5%Jan

Jun

300

Apr

37Tii Mar

•fit Jan
1%

*8

Jun

"

Jan

30

Jan

90% Mar

Jun

10%

r.

%

714

-

Oil

Corp'

Jun

lif

3%

-

90

10,400

32

77a

preferred—

Venezuelan

124

Apr

Publications—

Corp
Manufacturing

Boss

21,600

100

7Li

'

(when issued)

10
150

15%

30%
3%

32
::

Juu

20%

100%

8%
100

774

5,000 fr

100

;

6%

14

9%

.

100%

22%

800

Jun

%

14%

21

1,000

128% 128%
84% 85

4%

Sonotone

22%

% flan

39

I,300

274

2%

5

49%

22

85

2 Tb

1

Singer Manufacturing Co
2C
Singer Manufacturing Co Ltd—
Amer dep rets ord registered-)
£1
Skiatron Electronics & Telcv Corp—10c
Slick Airways Inc—
—
5
Smith (Howard) Paper Mills.
_•

23%

87%

—.10c

Ltd--

Jan

26

400

357b

"

Jun

24

Jan V

24 Lb May

24%'
23%

6,100

47 ii

""47 b,

4'4

27%

200

24 Tit

600

Philippine Long Dist Tel Co—10

2

A

26

2,300

25

16

———1

33

25c

Ltd

Tb

36:,'i
39%

35Tii

35'

Feb

29

7,400

i

Sinclair

101'»

Pcpperell Manufacturing Co (Mass)—20
Perfect Circle
Corp^__————2.50
Peruvian Oils &
Minerals———1
Philips Electronics Inc-.
.—-5
.

Mines

convertible

197b Jan

600

<s

10c

Jan

9974 Mar
54

27%

27%

27-"

3

250

Jun

Mar

48

J25

Lighting

90

•

Simpson's

16

—

Jan

Feb

50

Jan

10

—

3Tb

0

Apr

—1

——————1

class

18% Feb
Apr
07b Mar
36)4 Jan
474 Mar

54

31% July

96

42% Mar

Parker Pea Co class
A-—2
Class B
———*——2

Pep Boys (The)

300

'

Jail

Jan

192%

.

Jan

1Tb Mar

Feb

G%

*

Co

7Tb

147b May
437b Mar

100

29%

24%

9

'

G7b Mar
5Tb Apr
207b May
21% Jun

Feb

2,400

Inc—

$3

14%

219

4.

Feb

1474. Apr
i

Jan

219

4

32

24%

l Bol

——

31%
41 a

31%

14%

Jan
12

35

Apr

25"

lc

Putino of Canada LtdPeninsular Metal ProductsPcnn Traffic Co—

31%

&% Mar
77b Jan

Jan

Mar

,

2,800
21,200

9,000

1

f J May

1-4 Mar
137a Feb

19% Jun

19,600

14%

.34%

1

Jan

4% Jun
137b

4,600

Jun

24%"

—•

—*

Parkersburg-Aetna Corp

1%

1%

13%
30

8T«

29%

24%
23%
22 %

dividend preferred-——•

Pantepec Oil (C A) Amer shares
Park Chemical Company—

21%

<31%

1,500
8,900
II,100

,

25

Silver Creek Precision Corp

■17% May

26% May
24% Apr
24% Jun

400

83

——

20%

28

4,600

27'

31

1st

$4.36 dividend preferred—.
*
Pacific Northern Airlines
-1
Pacific Petroleums Ltd
——1
Warrants .:
————.—-—Pacific Power & Light 5%
pfd——-.100

Page-Hersey Tubes

20%
1%
14%

200

5%
17 Li

14%

Simca American Shares

200

30%

27%!

25

dividend

$4.75

:v 47 "K

5%

——.-1

20%

preferred—25
4.36% redeemable 1st preferred—25
Pacific Lighting $4.50 preferred
•

$4.75

2% Jan
1% Jan

—•

Co

7%

10 "
1st pl'd—25

preferred
dividend preferred

9% Mar

6Va

of Canada

Gas

&

19%

25
redeemable 1st preferred
25
redeemable 1st pfd scries A—25
4.80% redeemable 1st preferred—25

$4.40

4,100

2,600

13%

Inc

$1.25 preferred

16%

5%

redeemable

974 Jun

5

39

5% May
80
Mar

10%

5%

4.50%

57b

5,500

16 Tii'

4% Feb

5%

Common

Clay

57b Jan

3,400

12

6%

r7%

common

Slmmons-Boardman

Padific Gas & Electric 6%
:o .5 % %
1st preferred
5%
1st preferred—

I,400

7

5%

13%

Ltd

Breweries

Signal

Jan

4

5

5

Pacific

300

1

♦„

Corp of America
—
Siboney-Caribbean Petroleum Co

„i

;

8%

1) b May
77b Jail

5

—

Slice

35%

66% Apr
15% Apr

.

—

2,500

5%

-1
20c

237b Mar

Apr
197b Mar

Jun

15,600

—100

Sherman Products

1

,

Overseas Securities
Oxford Electric Corp.—

Mining

Sherwin-Williams

3%

1

preferred:
7
O'okiep Copper Co Ltd Amer sliares_10s

Feb

21

700

9,

16%

—1

Shawinigan Water & Power—

1% Jan

18%

91%

88

cumulative

Opelika Mfg Corp

Shattuck

-400

6

Apr

22

20

18

•>:

9%,
11%
4%
3%

4%

10c

:

Corp of America——Scrvomcclianisins Ipc
Sctdn Leather Co

27,600

15,7 it

24%

247b Mar
117b

137b Jun
177b Jan
16% May

1%

•

Ogden Corp ———.— 4—
50c
Brass
Co--———,———_1
Ohio-Power 4%%
preferred——10o
Okalta Oils Ltd

Corp

May

9%
11%

Servo

May

May
1% Jan

64,300

10

.6%

1

Serrjck Corp class B——

2% Jan

1

19,000
3,500

3

a

5%

1

Airlines

Western

1
A

8%

3.50

400

6%

8%

25c

4Vo preferred
Sherwin-Williams

Ohio

Town

%

2)

%V Jun

20)4 Mar

Jan

9%

25c

Sentry Corp

•.

.

"40c

74
2%

Feb

4'%

Jun

Mar

H.
i,V

.

Feb
8% Mar

30,000

17b

%

1

■

74% May
89 % Mar

213

High

Jun

7

a

22 %

22%
1%

Metals Inc
10c
Securities Corp General
1
Security Freehold Petroleums
•
Sccburg CL'ho) Corp
—
1
Seeman Bros Inc new common—3

5% Mar

6% Jan

17

200

19

4%

Scaporcel

Feb

67% Jan
84
Apr

240.

87

17b

10c

O

:

•

3

-L3-&

—

40%

33% Jan
3% July

125

3%

40%

Jau

33

i4.30U

19%

50c

Paper Corp

Seaboard

8% Feb

6% May

1,200

38%

381)

—.—.

Northeast Airlines
1
North Pcnn RR
Co————
—50
Northern Ind Pub Serv 474%
pfd—100
North Rankin Nickel Mines

Old

10% Jun

10%

7%

'

Saxon

2% Mar

38%

1

Class B
———10
North American Royalties Inc_
—1
North Canadian Oils Ltd
i.——25

.

1% Jun

17

lf>%

-20

Sayrc & Fisher Co_
Scurry-Itainbow Oil Co Ltd

May
1% Mar

200

7,400

10)

i—1

Savoy Oil Inc (Del;

34

11,800

19 Li

12%

18%

20
20
—20

Sapphire Petroleums Ltd
Barcee Petroleums Ltd

27% Jun
29%. Mar

Feb

iij

—_1

-——

Jun
Jun

1& Feb

17% Jan

(

American Cement class A—„10

North

3%

Low

10%

Co Ltd---—16 pesos

Diego Gas & Electric Co—
5 ao
series preferred
4%% series preferred
4.40Vo series preferred
5.60)7 series preferred

hi Mar
152

Range Since Jan. 1

San

«22 Vb Mar

1%

%
1%'

Lt

1

,

Shares

High

19%

19%
19%

Ihc_—2,50

San Carlos Milling

30% July

17% Feb
% Jun

'

Low

Corp Ltd

Lawrence

Salem-Bi'osius

1% Mar

Jun

22

Feb

20

Feb

1

«»."

.

.—

17,600

~1%

2%

2Li

New York Auction Co
•
New York & Honduras
Rosario—3.33'/a
New York Merchandise——————10

Mines——
Noma Lites Inc—
Norfolk Southern Railway-

23,200
4,300

7'

—

1

Nipissing

60,500

St

184% Mar
5% Mar

1% Feb
% Jan
24% Apr
15% Jan
% Jun
1% Jan

for Week

a

S

4% May

Jan

160

3,020
57,400

30
207 b

74

*

—

——

900

17

176% 183%
3
3%
l
174

I

—..—-25c

Arizona

7,400

■:

Coal

New

37 c

Co——_Y_50c

Zinc-—

New

180%

1

Co

4 2% Jan
13% Jan

Sales

Range
of Prices

Par

High

Low

3"i

107 b

-100

Watch

Range Since Jan

High

3%

3%

1

Tel-

Clock

Shares

Low

Last,
Sale Price

Exchange

American Stock

Week's

Thursday

JULY STOCKS
3

WEEK ENDED

j for Week

Last

American Stock Exchange

RANGE FOR

Sales

Week's

Thursday
STOCKS

~

.

(76)

29%

307

a

4.10G

26%

Jun

39% Feb
317b Mar

23%

237

2374

19

Jan

12%

127b

127 b

1,400
3,100

24

b

500

2974 Jan

974 Jan

Jun

1474 Apr

ft

Number 5861

Volume 190

.

.

Commercial and Financial Chronicle
The

.

(77)

AMERICAN STOCK EXCHANGE
RANGE FOR

Thursday
"''

STOCKS

'

Week's

Last

-'

•

American Stock Exchange

i

Sale l'rice
Par

"

■

Investment

Union

Stock

rH CO to- tt

x

—4

United

Aircraft

Corp

5'.a

—1

i%

Xt

———

7

.10s

Co_

5jV

16,300
9,300

IV a

Jun

7is Jan
2-fV Jan

12,400

%

Jim

46%
7»a

200

7

Reclaiming Co—

41%

Feb

'

5Va

5%

1,000

3%

Jan

11%

500

10'A July

5

2,500

2% Jan

Cr'ii

5,400

1% Jan

A.:—-

TOVa

10 Va

4%

-4V*

5%

5%

44 Va

19%

'

■

Va Jun

16,000

—5

1

Van Norman industries warrants..
1

Apr

35
Apr
22% May
7()Va Apr

32%

1,400

31% Jun

33'A Jun

7%

2,300

GVa Jan

1014

101-t

2,100

4314

40 la

7!

a

: 3 Lt

Jan

514

4% Jan
G7/a Feb

3,500

3V4 Jan

2

714

25c

1414

19% May
514 Mar

14%

14%

14

1,200

Jan

8%
19%

Jan

9'A Jan

*

Wagner
1'Ip

Baking

voting trust

preferred

13% Mar

4%

6,200

2%

1.000

2% Jan
2Va Jau

1

common

2%
23

—30

1

Waltham

1

Instrument Co

Webb

fc Knapp Inc Common
-4(1 series preference.!

3

-100

—

4(!%

5014

314

48,100

1

«

1%

Ha

31,400

10914 HOV4

110

■

Va

109 U

iya

1V4

314

31a

3%

3%

3 Ta

7,100

~1'A

Hit

ItV

111

15,200

1

West Canadian Oil & Gas Ud
West Texas Utilities 4.40% pfd
■Western

Development Co.,
Western Leaseholds Ltd—i.
Western Stockholders
invest

9114

1,400

214 Mar

3Va

314 May

4!4

Deferred

4,700
32 V4

II20

30

28»b

28

A

Jan

100

27%

Feb

33 *4

30

—10

%

30

350

30

Va

28%

100

2714 Jan
37 Va Jan

Jun

31%
44
1 Va

1714

Jun

21%

2%

200

4%

Apr

19

19'A

400

2'A Jan
1414 Jan

1,200

15% Jun
1114 Jun
514 Jan

S'%

j__.

1

{

5

15%

15%

16

13 V*

12

13%

Petroleum

65

Indus¬

Grade

Grade

Stocks

trials

Ralls

Rails

ities1

214.42

87.43

'

ill

.40c

86.62

215.70

7)7.42

80.68

81.78

82.31

83.04

87.30

215.95

87.42

80.61

81.78

82.30

83.03

168.40

87.71

217.82

87.42

80.61

81.78

82.30

83.03

168.92

88.10

218.92

87.32

80.50

81.97

82.42

80.50 :id>

&

Bethlehem

Steel

Edison

Period

Chicago

Transit

1994

Low

July

1—

107.32

July'

2—

108.28

Range for 1950
High —.- lOD.OO May I8

July

6%.

Last

Sale l'rice

Composite

19 Va May

Apr

liV Jun
6

20%

9%

Thursday's

series

1970

Jime-Dec

Authority

3%s

Lackawanna
1st

of

N

A 1st

General

mortgage
Builders

subord

4s

Range tine*
Low

No.

20

84'4

3

83V4

82 Va

83! 4

1

45*2s due

1963
4s

1970

6%c,'o

1953

Power

208.6

423.4

382.7

360.4

319.5

Stocks

Bonds

1st

extended to 1963
rportgagei 3'As 1968

&; Gas

56Va

Wed.

1.—_

33'A

39 Va

Thurs. July

2

98 Va

Fri.

Rapid American Co 7s ddb 1967
5%s conv subord debs
1964
Harbor

Water

California

3%s series A 1973.
series

B

3s

conv

Edispn 3s
L

1973

deb

i_.

3%s series E

I

!

1973

series F 1979
G

-

f

...

!

1981

4VtS series II 1982

k

414§

l

series

I

1982

414s series J 1982

;

414

1

"

series

K

1983

Southern

California

Southern

Counties

Southwestern Gas

Dye

AVasatch

&

Gas

Gas

3'As

(Calif)

& Electric

Chemical

Corp deb Cs

'6s

3s

3'As

Washington Water Power 3%s 1964
Webb & Knapp Inc 5s debs 1974
Penn

Western

Traction

5s

I960

Newspaper Union




Gs

98

80

90%

262,000
314,000

96

3

115 %
94 Va

$67
9114

114'%

86%

7514

449,461,279

65,000

$1,022,000

$1,265,000

37,470,600

33,017,020

17,889,000

774,563,600

619,982,600

$23,409,000

$19,154,000

$812,050,200

$653,068,620

$1,000,

-

—

-

-

■

$4,000

96'/a

80

81

86'A

75%

'82

75

84

89

85

93

78

73

86

.

37V4

82 »/3

94

93%

101

101

8G

5

16

100

91

10014
105 Va

99

Stocks

Foreign
Domestic

(No. of

'

Bonds

Shares)

Government

85 'A

1,058,210

..$57,000

—

Tues.

June 30—;—.

1,098,925

105,000

Wed.

July

1,092,650

91,000

2,000

$16,000

109,000

Thurs.

July

1——
2—

1,169,435

55,000

G,000

12,000

73,000

Fri.

July,

3—:

$28,000

$382,000

Mon,._

June 29—

$38,000

105,000

$46,000

$308,000

87

,

85
67

60

100

300

92

7114

Week Ended July 3
1959

90

9 7'A

Foreign

..June- Dec

71 Va

71 Va

69%

75

Foreign

101

-

Shares

99

99%

1959

3

1958

3,730,980

227,632,312

92,330,422

government
corporate—,

$339,000

$13,836,000

$9,399,000

46,000

29,000

922,000

1,060,000

28,000

55,000

756,000

895,000

$382,000

$423,000

$15,514,000

$11,354,000

101 Va

97

1958

4,419,220

Bonds~

91 Va

-

of

103

90

.

A

Jan. 1 to July

$308,000

Stocks—No.

,.June-Dec

101'.2 101'%

....

Holiday-

4,419,220

Total

91 %

"84

$95

Total.
Bonds

$95,000

105%

$84

100

Foreign
Corporate
Bonds

Bonds

107'A

99

Exchange

Daily, Weekly and Yearly

78

90'A

7514

"

Transactions at the American Stock

65
44

$71

$6614

—

1958

305,455,990

10,426,724

—

Bank

Total

82

92'4

$86 Va

101 ',2

1959

1958

12,957,220

22,387,000

1

Railroad and Industrial

118

69%'

10114 10214

100

$23,409,000

Jan. 1 to July 3

15,000

Shares—

Foreign

10O

32

$99'A 10414
86 »A
86'A
—>

.x—\

$1,022,000

$22,387,000

Government

S.

123

1

11414 117V*

$90

101

6,185,000

9014

$70

87%

■

1959

of

International

95

86

$85 Va

..

'

6,081,000

5,765,500
6,343,000

5,871,000

89

94

$82%

,

.H,

..Feb-Aug
..Jan-July

222,500

Bonds—

U.

101V* 103
92
97'A

92 V 4

$84 Va

—

92

Feb-Aug
Feb-Awflf
..Feb-Aag
—Feb-Aug
-ApriZ-Oct
—Feb-Aug
__Jan-Aug
_Mar-Sep£
_Mar-Sep£
_April-Oc£

__Feb-Aug

12,957,220

$87

.June-Aug
1959

V.

85

86

96

117 V*

1970- —Feb-Aug

1963

68

H8V2 118 %

1971. „Jan-July

1973

A

ser

1970.

9214

79

94'A

83
—

$90

■

5,543,000

;

-

168

$9114

_Mar-Sept
..Jan-July
—Feb-Auff

$5,115,500

Week Ended July 3

8814

88

m

'62 ..Jan-July

1965

81%
$95%,

58

Sales

$233,500

851a

86V4

90
136 %

130

Bond

.Bonds

47

79

26

Government

—Holiday

Total.

20

80 Va

tlOl'A
92'A

1981. ..May-Noo

L_

2T4s series C 197G__:
3%s series D 1976-1

series

27

79

Stocks—No.

May-Nov

Power Corp

Sapphire Petroleums Ltd =5s
Southern

;(■

85

118'"

July

Total

United States

Bonds

Bonds

3

$87%

^April-Oct

Foreign

$4,892,000

3,604,100

97%

Jan-July
1998.Jan-July

Cs

July.

47

136%
83

Jan-July
April-Oct
April-Oct

Co

Electric

June 30

—

3'As 1964..June-Dec

Service

June 29—

38 %

80%

Exchange

Int'l

and Miscel..

Shares

51

—

1.2

Bank

Railroad

No. of

8G

51

May-iVoo

j;

Public

West

231.8

4

8714

Corp—

•

'United

1.1

+ 1.6

38

t—

Apr-Oct
Jan-July
Uq tr atfs—
April-Oct

1st mortgage 3s 1971—1
Pennsylvania Water & Ppwer
3V4s 1970
1

1

V

319.5

80

1

Western RR

340.7

210.3

2,997,890
3,201,790
3,153,440

198'4

510.5

366.0

416.7

51

May
Mar-.S'cp£

457.8

550.2

1.7

323.3

38Va

.Ifay-Nov

501.1

+ 1.4
+

.+ 1.2

212.7

82%

^

Tues.

1993

-New England Power 3'A$ 1901
-Nippon Electric Power Co! Ltd—

s

357.2

Daily, Weekly and Yearly

45

84% 92

20

subord debentures 1976—Jan-July
National Theatres 5%>S debentures
1974—Mar-Sept

:

529.2

Transactions at the New York Stock

120'A 125'A

83%

convertible

314s

495.1

High

36 Va

83%

5s 1961

B

$r.nes

Mtgej Bank

debentures

National Research

3s

490.7

423.4

.■

—

Mon.

Altalian Power Realization Trust
Midland Valley RR 4s 1963

3s

531.7

'

.......

Division—

J

Corp—

AGuantanamo &

•Safe

+1.3

363.3

—

Jan. 1

Jan-July

mortgage 4s scriqs A 1993

•

Finland Residential

Ohio

400.1

518.1

536.6

Goods

428.4

•V-

Bonds
Sold

June-Dec

1978

Low

T 1.3

Jan

Jun

47

86'A
86 To
1120
125

-Quar-Peb

1970

A

High

5:40

1959—

High

Change

416.4

501.1

—

Goods

Trade, Finance and Service
Mining

Apr

June 19, '59

26, '59

Week's Range
or

'

524.9

—

Manufacturing

1% May

17 % Feb

2,900

l'.id & Asked

,w

;—

2

421.8

7,7ff May

Gig

5,700
,

103.19 Jan

Percent
June

Transportation
Utility

300

Low..—

.

week

Non-Durable

1%

■----

Holiday

3—

Feb

28% Feb

Delaware Lack & Western RR—

'5s

for

Durable

June-Dec

% 1998:

Aug

2

High

107.00

prices based on the closing prices of the common
ending June 26, 1959, for composite and by major industry
groups compared with the preceding week and with highs and lows for the

stock

Jail

19'/a

Interest

;314s

Power
6s

2%s

31

106.51

30—

SEC Index of Stock Prices

26% Feb

Thursday

I

Pump 4s ';lnc debs

Appalachian Elec

for 1958
102.82 Dec
72.75 Jan

Range

29..

June

The SEC index of stock

68%

Low

•63

Closing

JiihcS

Jan

100

'

■JP

Averages

Jun

21

>

r:>i

167.62

Thur;

.

48'.4 July

6'A

i

Boston

8'A Feb
45%

Apr

'M

•,e;83.03

(35 Stocks)
Compiled by National Quotation Bureau, Inc.

22% Jan

1%

G*la

American Stock Exchange

Steel

v-82.27

168.18

i
BONDS

81.70

643.60

0ver-the-Ceuflter Industrial Stock

100

19

.10o

Corp..,

r

80.74

40;

■Bonds

are

1,500

48'A

*

Util¬

tries
86.10

;

654.76

51 %

22%

491/2

Total

650.88

22%

15 Vz

1

Petroleum

10

643.06

250

15%

__5s

....

AAmer

20% May
16% Mar

Ltd—

Jewelry Co

Zapata

1.0
S#ond

First

roads

...

2614 May
1214 Jan

15 »2

...8

i

Apr

19'A Feb

■

'

...1

22

13% Jan

200

....

American dep rets ord regular
Wright TIargreaves Ltd
Zale

3,500

92 Va

...2

Co

(F W)

42%
20

5%

pfd..—100

Woodall Industries Inc
Wood ley

41'A

6%

41

6 'A

1

14 July

,

10,300
1,550

19 To

1

—25

I——__

Newspaper Machine:

-Woolworth

19 Va

1

Co

Wisconsin Pwr & Light 4%%
Wood (John) Industries Lf<l
Wood

.

—10

—

common...

preferred

Util-

10

"

10

167.17

Jun

2%

Williams (R C)

Rail¬

■-35

Bonds-

Total

15

trials

Jan

300

Wilson * Brothers

^

no

Apr

3,500

!

Ex-'llquidatlng dividend,

2

20

Indus¬

Fri.

18Va

Williams Brothers Co

(not included in year's range),
d Ex-interesfc.
dividend,
h Ex-principal.
11 Under-thc-rule
transaction
Transaction for cash (not Included in year's range).
tEx-di»-

-639.25

Apr
Apr

"%

Williams-McWilllams industries

r

*/

,

B/a

....1

41

delivery transaction

Wed.

18V a

...

51 Va

38%

1

-Stocks-

Mar

37

48

g Ex-stock

range),

30

Jan

35

"ii

Wichita River Oil Corp
Wickes (The) Corp

41

33

Mon.1

18%

.__L_

Co

41

2s 2012—Jan-July

Date—

White

Mfg

58%

48 Vs

daily closing averages of representative stocks and bonds
thb New York Stock Exchange as compiled by Dow-Jones & Co.:

on

Apr

1
Weyenberg Shoe Manufacturing
White Eagle International Oil Co..-10C

Stag

102'A

57

48

48

^..Jan-July

Stock and Bond Averages

Jan

200

1997

the

Jan

4

—Is

\

'

Apr

85

100

100

$58 Va

Tues.

<

Coal.
Inc

J an

10

'214

4

—

Westmoreland

A

5)0

214

1

2

1

distribution,

Ltd—

'Amer dep rets ord shares
Western Tablet" &T
Stationary.-..

Westmoreland

90

..100

8.53;

Jun

Jun

100

$80

June-Dec

computed by using the follov/ing divisors: Industrials, 3.964; Rails, 5.601; Utilities',
65 slocks, 19.61.

4% May
4V4 May

"

65

.

Averages

Jan

31

Jail

114

July

2% Mar
117

3Va Jail
2

July

41a Mar

Jan
Jan

■4200

-1.25

Manufacturing

June

Feb

29% Feb
5l
Jun

Jan

II"5

Went, worth

June

May

3%

Jan

109
22

Webster Investors' Inc (Del)
Weiman & Company Inc

80

Jun

May

-

64

65

$80

Mar-Sepi

2008

EXrdlvidend.

x

26

June

5'A Mar

36V4 Feb

2,800

214

48 %

14'A Mar

Feb

71

-100

—

WallaGc&fTiernan Inc.

•

100

2%

ctfs.

6%

4'A

4%

$2 cumulative preferred
Precision

a

Date

6%

.

Waitt tz Bond Inc

2390

listed

w
Waco Aircraft Co

65

$13

$120
65

May-Nou

1972

5s

stamped (Plan A)

Below are

Jun

Jun

314

10,400

8

95

sales being transacted during the current week.
SReported in receivership.
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
ccrtifieatee;
"w V when
Issued; "w w," with warrants; "xw," without warrants.
1

6% Apr

21,000

41a

93%

$92

JIJay-Nov
April-Ocf

2'As

A)

included in year's

13V4 Apr
46% Jun

Mar

151a

3%
7%

Vogt Manufacturing

6
35 Va

lij

$88

Feb-Aug

yEx-rlghts.
AEonds being traded flat.
$Thursday's bid and asked prices;

v

Feb

8

5,400
1,700

51a
13

15%

)

Virginia Iron Coal & Coke Co
Vita Pood Products.

Jan

180

16%

Feb-Aug

1949

(Plan

Ex-liquldating

(not

51

13% Jan

6'As

value,

par

tribution.

1,400

5%

-Victereen.<The) Instrument Co
'• '■./"'

•Vineo Corporation

f

Jan

65

10^.

5

-■•■No

20% Jun

20'A

7%

;

30

53

stamped

Rio de Jffnelro

9!^ Mar

Jun

15

40

31%

31%

(Prov)

stamped

(Republic of)—
Sinking fund 3s Jan

Feb

19 Va

.—5

Valspar Corp_—.
-Vanadium-Alloys Steel Co

44

79,000

Germany—
redeemed)

Mortgage Bank of Denmark

1114 July
14
'

180
180

$16%

Jan-Jifty
Jan-July

1967

(Lssue of May 1927) 1947
(issue of Oct 1927) 1947__

A7s

71a Jan

63%

»

—5

Utah-Idaho-Sugar

1,400

19" a

34%

20

-14

i

45 Va

18%
34

44 Va

A7s

190

Peru

25,800

B

(Plan A) 2%s 2008
Mortgage Bank of Bogota— "

71VL> July
9'A Mar

71 Va

1967

(80%

AHanover

Parana

67%

-15

(Fla)

Jan

1314 Mar'

.

$171

(City of)

1939

4% Jan
9% Jan

400

.25a

Winding Co

7s

16Va Mar

1,000

$125
$180

April-Oct

1951

A

series

Al-Ianover

May
27 Va Apr

1,400

71 Va

4 'As

;

5V» Jan

Jan

5'*

_10
com.

180

B

5'As series

Ilia Mar

4*} May
90

IOV'4

-25c

Universal Consolidated Oil
Universal Controls Inc new

49 aA

series

Maranliao

5

.50c

Stores Corp
Universal American Corp.

Feb

4% Feb

10

o'A
•

1

■United

35

20 Va

1

common

A 6s

P-

4-_

182

19

20%

—1

v'

181

—

.50C

:

<

Jan-July

A

% Jan

200

-

1951

Danzig Port & Waterways 6%s 1952.2. Jan-July
German Savings Banks and
Clearing Assn—
;
Debt Adjustment
debs—
—~T~''

Apr

fir

1%

;

—«

1

w

1014

Jun

-

—1

B

New .-common

27

Jun

23%

7s

Feb-Aug

'

.100

Conditioning Corp

Universal

Mar

Jan

7%

\

Aluminum

Universal Insurance
Universal -Marion Corp

Apr

4%

%
46

—5

.

New

12

300

V

.

Rubber

Feb

6,000

•

1 Va

•

-

Amer -<Iep rets ord registered
United T4-J.RR & Canal;

U S

Feb

8Va

7'/a

5%

—

United -Pacific

Tile

16%
10

400

(Germany)

Central Bk of German State & Prov BanksAOs series A
1952

16'A May
18% July

26%

cy4

1

-10c

United-Molasses Co Ltd—

class

ABaden

High

7% Jan

—

25

.50c

United Onnso Oil & Gas Ltd vtc

Air

5.300

18%

—

;

;
,

United-Cuban Oil Inc
United Elastic Corp—
United Milk Products

U S

xl7%

J-J

..20

Products

Asbestos

U S Ceramic

Low

16

Foreign Governments and Municipalities

Range Since Jan. 1

.

Omaha

of

14 Va

14%

Co

Yards

United

U S Foil

Shares

High

u

Unexcelled Chemical Corp
Union Gas Co of Canada
Union

for Week

of Prices

Low

WEEK ENDED JULY 3

Sales

Range

'

Total

—

The Commercial and Financial Chronicle

(78)

.

,

Monday, July 6, 1959

.

OUT-OF-TOWN MARKETS
RANGE FOR WEEK

ENDED Jl Lt ?,

East

STOCKS

Exchange

East

v

Sale Trice

P2r
American

Motors

44

—25

-Boston --

45 Ik

2,481

31%

265

78%

81%

4,654

63%

140

61%

(32%

Cities

Service

*

75

Standard

■

75% Jun
60%

Feb

65% Mar

Jan

75

55%

55 "4

66

527«

Jun

(54%

Unior.

24 Ik

2

23%

Jun

33%

Mass

Fuel Associates

Gas &

Eastern

6%

St

preferred

3%

preferred

First

National

Ford

31%

135

28%

Jun

X%

1%

1,102

%

Jan

Kennecott
Lamson

Carbide

Jan

11

Jun
Feb

81%

944

53H

75%

780

79%

80 %

1,026

74% Feb

1

49%

50

50

50
*

37%)

38%

-

44% Mar

Lone Star Cement Corp__—

33

16%

17

Central

5/& pfd
Association

RR

Co

44

Jun

Jan

10

16%

Jun

19

Narragansett

Racing
New England Electric System
New England Tel & Tel Co

15

180

We

31%

32%

Clin

Mathieson

Chemical

20

.Mar

15

50

31% May

37

100

98% Jan

10

177

Shawmut

Stone

18%

—2.50

s

12%

3,7i4
357
274

19%
160

14%

93>:»

Jan

Jan

American

55%
19%

42%

Feb

18

42(5

13%

Feb

30

7

23%

Jan

Low

(51

32%

Jan

50

Jun

19%

Jan

Budd

Brass—

5

31%

31*4

356

22

Jan

1,550

«

Company

297

27%

32% Mar

Consumers

216

56% Jan

64%

394

33%

Davidson

Detroit EdL-x)n_

Jun

Apr

Power

30

360

Jan

33%

35

3,743

33%

Jun

45

51 %

52%

396

45%

Jan

62%

66%

142

46Va

Jan

66% July

Detroit Steel Corp
Eaton Manufacturing...-——

82

82

79

Apr

16%

17%

4(5

14%

Jan

87May
20% Apr

Fenestra

91

95%

627

70 %

Feb

97%

Massachusetts

&

Waldorf

Co__100

RR

Inc

System

*

Wcstinghouse Electric Corp

-12.50

5

Mar

53% Jun

Jun

Ford

"kC—

Cincinnati Stock
Thursday
STOCKS

Par
American

BaKtwin

Laundry

39%

Co

1G3

33%

Feb
Jan

32%

33%

522

32 %

Jun

37%

84%

84%

50

82%

Jun

46%

47%
92'A

170

38%

Jan

536

90%

Jan

15

100

12%

Jan

50

*

Stock

Yards

91%
15

*

91
15

.

i

Plcher

Gibson

—10

Art

56%

Kahn

i.»

Kroger
Procter &

.

2.50

—:

Gamble—

56%

122

44

67%

200

60

100% Mar

75

^

18

18

83

17%

Apr

29%

1,300

27%

Jun

34%

28%

4

28% July

30%

Jun

River

Jan

28"%

■

18% Mar

28%

2

81%

81%

Rapid-Araerlcan

1

30%

29

82%
30%

U S

*

90

88%

91

30%

30%

30%

81

44%

44%

50

58%

61%

394

47

81%

1.012

1

__—_—

490

73%

Jan

465

29

Jun

38%
91

Jun

52%

Jan

60%

Jan

33 %

46% May

Jun

23

75%

9,408

51%

Feb

27%

4,985

18:%

Jan

741a

/

6%

50%

53%

3%

3

3

/T'

■

5%

225

,

V

.

--5% July

-

27%

Jun

6

Mar

Jan
Mar

13% July-

Jan

4% .Jan

21k

150

Ja'11

4

3

•

700

'

Feb

Ik

45

6,731
f

Jan

:,'}

Feb

150

"115

Jan

31 Vk

314

f 29

Feb

100

,27%

Feb

42

.''j

22 Ye'Mar

39%

19%i

.

Feb
Jun

2%

314

430

2

Jan

•4

Feb

33%

33 Vk

297

32

Jan

34

Mar

;

14%

24%

15

380

10% Jan

Jun

V/j

12

11 Vk

12

810

11

15% Mar

.<

2%. May

>i

314

.

,/■

1

-

'■

2 Ik

685

3%

3

Jun

Jan

14

14

100

12

Jan

15% Mar /

j

5

181k

18%

18%

510

16Vk

Jan

18% July

i

*

43%

41%

4314

1,597

1

Co

13

Co

Rudy

-

J—- -

600

HVk

Feb

14%

2%

Apr

8

125

:

.Corp

Jun

2% 'Feb
27% FCb

110

14

Apr

38 %

185

30%

Jan

38%

12

12%

756

9%

Jan

16% Mar

19 %

19%

133

17%

Feb

21% May

11V,

14%

———10

11%

11%

11 %

1,118

10

•1334

13%

13%

404

11

Jun

15%

-Jun

—.————*——1

Jan

Studebaker-Packard

Udylite

Jan

Apr
14%-May

38 %

38%

—1
Shelter ■ Manufacturing.—/—/--—I~1;
—^

Jan

89% Mar

45 '"

36% Feb

•

150

2%

14%

5

~~~

- -

14 Vk

2%

——_/:.5

Manufacturing

13

14%

Z_2

j—

Raisin Paper. -2Standard Corp

13

—-1

<Thet——

Company

(H W) &

Apr

50%

Jan

17Vk

1

Jun

25

41% Apr

Jun

56%

39%

225

71

16%

^

.Rockwell
i

Feb

Jan

53%

1,590

71-

100
546

19%

16 3 4

——

61% July

Printing

,

r.o% July

3914

Peninsular Metal Products
Rlckel

May

29%
—

■7%-May
'47% Mar

Jan

31%

Hone

56% July

Jan
Jan

Jan

Jun

15%

45%

3%

3

Wheel

Parke Davis &

4 15% Jun

18

1

;

Lunkenheimer

55%
65%

5

5 Vk

41%

*

Prophet

Eagle

.'

26 Vk

1

Refineries

Micromaiic
Motor

'71

•

289

4,596

:

20%

6lk

10
1

Masco Screw Products

92% Mar
47% Jun

•

60%Mar

10,222

6%,
43

Apr

May

1

——

1,

Jun

100

:

—

Bearing

52%

10

preferred
Milling
Cincinnati Telephone—

Cincinnati

&

Kingston. Products

Leonard

1314 May

SO

:

-5
10

—i

Ball

37

40% Mar

May
11% Feb

53%

1.66%

Kysor Heater

25

53

200'

——_1

Kreege Co (S S)

25—

723

11%

1

:—

:

._>■—

Seeley.-.

High

42%

55%

19

75%'

*

40% July

32% Jan
27% Jan

72% 'May
15% Jan

273a

Industries

Low

40%
37

Apr

2%

Jun

43%

—5

Lamp

King

Jan

13

42%

20%

3

Paige

Koovov

High

39%
37

—

——...

Union

Hall

Range Since Jan.1

42%

—8

Carey
10
Cincinnati Gas & Electric common_8 50

Cincinnati

Sales
Shares

44% Mar

51%

3,545

13«

19%

Brewing

Graham

for Wreck

of Prices

Low

-20

Pia

4%

Week's
Range

Last
Sale Price

Exchange

'

42%

.2

Corporation

Wood

3414 Jun

1,081

13%

61k

20
1

——n

General Motors Corp
Goebel

637

69%

11%

/'V;

Fruehauf Trailer
Gar

37

13

Inc

Motor

19 Vk Mar

-1

Bros

Ex-Ceil-0

825
558

68%

2

;

29%

1%

5414

69'

13%

*

common-

34%

28%

Jan

12

9 VB

28%

37

IIIIII25

Continental tMOtOrs

41 %

8% Jan

8%

5

10

63%

3ZV?. Jan
35
May

1%
27%

9%

IZII—1

———

28%

2%;

Mar

3

Jan

Apr

40%

Jan

High

Low

2%

Burroughs Corporation
Chrysler Corp

Jun

Range Since Jid.*

Shares

High

27%

Bi'igg-, Manufacturing
Brown-McLaren
Mfg

31% May

50

55%

Sales
for Week

of Prices

185

Aluminum

Bohn

184% Mar

Jan

Exchange
Week's
Range •

1,509

52%

Vermont

55% Jan

.

.

28 3-,

63

30

July

97% Jun

May

?

214

27%

•'

Jun

43% Mar
203

71% Jan-

/• 54

28%

•

.

u

50

1

♦

Co

64%

Mar

2

United Shoe Machine Corp common__25
U S Rubber Co..
5

Fruit

74

55 %

39%

Products—.

Metal

42% May
32% May

United

95%

,

Sale Trice

Allen Electric.

Jan

21%

Jan

1

Torrington Co—

89

95%

Last

t%o CKS

*

—

Webster Inc

Feif

48

:

33% Jan.

Thursday

Consolidated paper

Stop & Shop Inc

50

143V4 Jun

Feb.

og

Detroit Stock

May

49%

50

Association

&

20 V,

183%

53%

5
25

Quincy

10

107

30

Corp

Mining Co
I-.
Rexall Drug & Chemical Co—*

/Pennsylvania RR Co

14%

19%

20%
182%

Jun

"121%

of these Cincinnati prices.-

r

Jan

100

l7Va

indebted to the firm of W. E. IIUTTON & CO for the transmission

are

Jun

14%

Jan

Jan

85

.——10

Jan

14%

107

66%

5514

•

12.50

;

_

W—

F

Jan

96%

17

107

Feb

15;%

"45 '

64%>04%

Jan

L'STe Jan

•>

75

99% 103

•...39%
103

_16.G01k

—

117% Feb

126

17

100
1

3

15

Jun

25% Jun

105

144 >144%

Par

Maine

9*8

50
135

81%

53% May

37%

A

Loew's Boston Theatres—*.—

11%
25"4

81%

—

Jan

138

103% 105

5

44% Jan

Jun; i

-

75% July
84% Apr

25

Corp———.x^

Corp of Delaware

Jun

25%

11%

—

Steel

Wool worth

July

6%

11

(541 a

Jan

57

25%"

Shoe_—;

S

8

Jan

00%
50%

10

—5

—

42

o.°%

• •

•

U
U

33% Feb
1% Jun

May

74%

Company com

Copper

34

61%

^

Gillette Company,-—

Coal

90

5

Inc__

Stores

Company
ElccUuc Co

Island Creek

40

39

•

Motor

General

30%

.100
,100
-.100

Jun

58%

—-

—

Rubber

8

U

Feb

com,10

Ry Co com
"B"_—
adj

Apr

493«

81*%'

Westinghouse Electric
Eastern

57%

52

598

52 %

.

Oil Co..

j—;

High
i

45

■

•

Jan

24 Ik

Co

51

5314

(Ohio-—-——:

Toledo Edison.

July

—.5

Co

Texas

Apr

45%

51%

J>

Sunray Mid-Continent

74% Mar

42%

"

Jan

59

230

09 %

Oil

(N

St ud»baf:s;r-Packard :

45% Jun
43% Mar

—10

Co——

Range

Copper

.

.

Jun

Oil

Range Since Jan.*

;'.d/ LOW >',>
270

r

46%

—25

Grid).—

Oil

Standard

High

Feb

26

29%

188

70

V2T&~
•

,100

Boston & Providence RR—,

Low

High

62 \a

50

—

Standard
Range Since Jan. 1

43%

81^11 ^

—_—.

Company.

Shares

30%

Refining common- —25
.33%
American Tel & Tel
American Sugar

Anaconda

of Trices

Low

5

Corp—:

for Week

Shares

High

Low

'Par

Sales

Range

for Week

Range
of Prices

Sale Price
*

Week's

Thursday
stocks

Sales

Week's

Thursday*;

Boston Stock

Jail

14% Jun

Unlisted Stocks
Allied

Stores-

American

....*

—

Airlines

rAmerican

New-

,_12

Cyanamid

American

_

Telephone &
—:

—

Anaconda
Armco

5

Ohio

Products

•Curtiss

15%

32

10%

Jan

;

41%

98

49 % May

57

38 %

38%

50

34%

4418
21%

Jun

1%
3

Harvester

_*

Corp

64%

Jun

33%

Jun

38%

Jun

40

52%

Feb

59%

Jun

15

27%

Feb

39%

Apr

232

50%

25

55 Vk
34

51%

91%

34%

52!'4

89%

5

91%

54

75%

20

76%

Apr
Feb

50%

Jan

75-% July

53%

Jun

66%

Feb

84% Apr

74%

—

75 %

53%

413

44% Mar

22%

30

53%

5418

197

221s

■

81

54%

140

39%

38%

—

166

50%

53%

218

55%

79%

81

75%

541s

40

85

28%

29%

29%

50

17%

Monsanto

Chemical

2

Montgomery Ward
National

Cash

IIII5

Register

Jan

Jan
Jan

24

54%

Feb

National

New York
Penn RR

.

5

Distillers

--5

American

May
Jun

Tel ,&

"Pepsi-Cola
Phillips Petroleum

Anaconda

Pure

52

531k

Ashland

47%

48

50

531k July
49% May'

Radio
,

61%

Jun

79%

48

Feb

54

Jim

30%

110

29

Jun

34% Mar

28%

25

26% Mar

29%

Jan

19%

116

15% Apr

20 Vb

28%

10

26% Jan

31%

100

Paper

Sears Roebuck

3

Oil

r

Southern

COi—

Southern

Railway

r

—15

Sperry

For footnotes

*

.

Louisiana

Steel
&

(Un)—

—5

;

see

page




42.

27

300

20%

Eeb

29 V* May

,..23%

Apr

Apr

60% Jan

4634

Feb

19

Jun

olVaJUly
20% Jan

93

89%

93%

800

53%

Jan

93Vk July

43 3 o

45V4

5,800

25%

Feb

45%

15%

15 Ve

15%

2,800

15%

Jun

13% 'Apr

31

8114
79%
94 Vk" 98%

6,800

76

Jun

gs %

210

91%

Jun

64

62 Ve

64%

800

60%

Jan

'

-5 '
r_/a_. .—10

—LJ. —,5
1
Refining common-,

•r

r

-

Common

5%

44

•

■

la¬

06%

62%

06%

47!«

7O0

Jun

•69

Apr

107

-Jan

74' J-Mar

*
=

Jan

C3% Jun
">SV2 July

65% Mar

76%

75%

76%

300

27

27

27%

1.800

.23

22

21%

22

900

19

Jan

25% May

27%

Jan

21

9%

Jun.

•,

May.

30Va Mb

•

———

—

preferred

,-aon-cum

—.—

—10

30%

30

9%

10

300

26%

26%

27

*,200

45%

4514

14%

15%

—10
—4

Atlrey .Products Corp__
Atlantic Refining Co„
Avco Corporation——

—10

3

Jun

Apr
5218 Mar

40%

Jun

47%

69 Va '

Bearings

10

44% Feb

54%

30

48%

Jun

44

Jan

15 ;2

Bailey Selburn Oil & Gas class A—„1

44

73

48%
37%

"

Baldv^n-Llma-Hamilton

Apr

70% May
56% May

Inc—

35% May

50

Apr

44 %

Jan

Belden Manufacturing Co,:
Bei:dlx Aviation Corp.

49%

Jun

•

Bethlehem
Binks

Steel-Corp

Manufacturing

48%

46%

10

391k

60%

60 Ik

30

57% Jun

67%

Feb

Booth

44%

44%

103

43

52%

Jan

Borg-Warner

37%

3714

50

34%

Jan
Jun

Feb

Boeing -Airplane
Fisheries

L
-

=

Jan

—

39%

Apr

Budd

57%

57%

57 %

20

54%

Feb

58%

Jan

25%

26%

220

Burlington

21%

Feb

28 Vb May

44

Jan

2,500

-

10%

Jan

17% May

7 is

Jun

ttV* Jan

,,

200

,

8V4

100

15%

200

3%

37«

100

38%

381T

100

30

Jan

29%-May

100

08

Jan

-63% May

77

77

—8

.77

1%
58

;

-

58%

32 %

64%

65%

55

Burrcughs Corp (U11)—_——

63%

Jan

6914 Mar

BUrton-Dixie

700

-1%

55%

33

—

Jan

3%

Jan

-14

1% Teb

-

32%-:
37%

371k
26 Va

27

—_5

43,

•

42 Vz

21%

21%

36%

36%
21V2

_12.59

Mar

BSVa July

Jan

28

Jun

34

Jun

20 %

Jan

27

Jun

.

.yjan

44Y2 Apr

'900

27%. 29%

21 Vk

.,5

12

Jan

49% May

450

433s

23%

1-

2.

:

27. *

-550

r-

—5'

—

'4

4,400

37%

26-%

—5-

15% Apr

5.400

1

Industries' (Un)
Corn

26% Apr
23
Apr

8%

5

—

10% Mar

24% Jan

"

Corp——i—;—

Corp__

-

15%

15%

P 1

(Un)

(U11)—
Co,—

26 Vk

Company

5.5QO

ilO
25

i

Benguet Consolidated" Inc
1
10

31

50c

(Un)__ai—13

u

64%

6

Jan

42

5Q

Gas

(U11)

Corp
&

Oil

48%

&

Apr

24Tb

400

Co- (III)

44%
3714

26%

900

2.9G5

5

.j,

—50c

;

4,900

31

3,500

——5 '

(Un).

»

Rand
:
Standard Brands

36%

30%

19%

42

37%

37 Vk

26% Jun

35 %

30%

19%

48%

48%

—i—

—5

Socony Mobil Oil
,

5

-1.40

'

.43% * 45
59 3 1
61%

54%

_

225

Jan„

19%

69%

—

9%
26%

61%

47%

Industries——

May
33% July

104% July

100

2,600

101% 104%.

104 %'

14

775» May

12%
33%

Jan

28%

64 ' " Apr

'

Feb

12%

31%

45

7

—

Atchison Topeka & Santa Fe—:

Jan

50

513a Jan
'

/

333a

10

41%

"

1 Sinclair

98

51%

19

Corp
Tobacco

Regis
Sehenley

Jan

66%

51 Ve

30%

"Reynolds

~Bt

Jan

62%

Oil

2,000

'Apr
T3% Apr
57% Jun

Jan

_:i

-12.50

33%
Co new
(Un)—a——•- —25

Company

Arkansas

Armour

$.3333

56%

10

27

Tel

American Tobacco

49% Feb

__iq

561i

-.July
"7% May

17

Feb
■!' Feb

<5

45%

•

46% July

Central——

—

' *

1'

—

—2—

Rad & Stand'San

Jun

30%

&

American

Jun

40%

1

Co. (Ill),

37%

'

(Un)

Foundry;

41%

66 V'a

——

Co

Investment

42

—

(Un)

American Motors Corp

45% May
31% Apr

28%

National Dairy

-

Co

Machine

85

•«-—

•-

—

'

1

American

46%

»
—.

8

53% July

29% Mar

39

100

10!

Jan

,

American

45

140

57%

5

'•

Cyanamid

46

53%

2,300

57%

12%

»■

300

*11%

15%
12%

15

10

—

1
(Un)

Theatres

Can

45

—

.—5

—

(Un)_

American

Armco

Mead Corp

600

55

12% Jan

499

6%

6%

56%

Broadcasting

American

'

.

29%'May

1,800

55

36%

American Airlines

65 % July

Jan

Feb

4,400

25%

Aluminium Ltd

91% July
91
Apr

51 %

86%

65%

17 Ve

32%

—1

Steel

Corp——_r».

Paramount

•64% Apr
£3
-Jan

23%

AUis-Chalmers * ManufacturingAluminum Co of America/—

Jan

70

86

65%
751a

60%

Jan

50;.

Laboratories'"

Allied,Paper

Feb

2Glk

30%

—1

Allied

61%

55 ■>;

—1

•High

Low

700

72%

24%

,50c

Ludlum

Range Since Jam *

High

71%

32%

Discounts—

&

Brass

American

Jun

72%

—5

Allegheny

Jan

Shares

-10

—,—

Castings-

Mfg
Alleghany Corp (Un) —2

43 % Apr
24% Mar

20%

for Week

1

Co——

Corp

Investment

Akron

571% May

36% Jun

35
164

55%

5214

Aid

Sales

Range

of Prices

Low

5

common—

Advanced Aluminum

July

5218 Jun

38%

34%

1»

(new)

> 80

Jarf
Feb

22%

_•

Loew's Inc

Lorillard

55

14%

50%

34

5

International Tel & Tel

80,/
55

38%

1

Motors

21%
69 %

531i

—

Steel

Acme

Jan

69 V'a

Week's
""

ut

Par

Abbott Laboratories

(48% July

Jun

a

Sale Price

Admiral
75

57

Feb

I

STOCKS

Feb

48%

—,

5

Electric

29%

55%

1—2.50

Dynamiqe

Apr
Mar

48%

10

_

Stores

Greyhound'—.

<P)

15%

74

Jan

21%

5

Dept

International

19%

1

Kodak

General

215-

«•—

—7

Ford
General

37

22%

53%

1

Dow Chemical

General

27%

21%

21%

5

Wright

Federated

Exchange

compilation of the round-lot transactions only
Thursday

25% May
17% May.

27%

69%

_i

Dayton Power <fc LightEastman

Midwest Stock
A

76% July

221a

10

Ohio Electric
Co

89%

65% Mar
23% Jun

—

25

System

So

75% Jun
60 % Jan

48 Vk

10

Gas

185

—1

;

Colgate-Palmolive
&

50

76%

57

5

.

Columbus

62 %

75

•~Tj

8

Service

(Columbia

Feb

—

100
,

Boeing Airplane
Burlington
Industries
Chrysler Corp
Cities

79%
62%

,L

Bethlehem Steel

(

80%

3

&

55
1

76%

10

(Illinois)

Baltimore

<■

61%

———50
2

Avco

Corn

10

—$33%

—

Ashland Oil—.

•/

_

60%

Telegraph Co-

1..

Steel

Armour

60

1

American Can

-

38% Feb

1,200

19 \\ -Jan

SO

14%

Jah

21Y«

34%

Jan

45% Mar

Jan

'24% Jan

2.200

37>4

1.700

21%

150

20%

.

tMay
Jur.

,

Volume

Number 5361

190

.

.

The Commercial and Financial Chronicle

.

(79)

3$

OUT-OF-TOWN MARKETS
FOtt WEEK ENDED JULY 3

RANGE

Thursday
STOCKS

Last

j

Week's

Range

■

■

Sale Price
.

Thursday

for Week

of Prices

STOCKS

Shares

L.

Calumet.

•„

,

23j4

231V

100

2". 2

3,000

-c

10*.

j

.

!
j:

—.

—1

20'4

America'(Un c.—22

of

Brewing

Central- & South West

Corp,——

4

Chemetron- Corp

Jun

48%

Jan

Morris

46

39% May '7

Motorola

Jun

31

Muskegon

Jan

1,600

jJ'b

Jan

300

Feb
Jun

25%

Jun

58

22%

250

55j!V
39)%
21%

561.»

105

29%

41 >2

400

:-

Jun

6% Mar
66

Jan

28

Jun

36

170

66 !a

Jan

31%-t/u

Cities

Service

•

X;—

common,——-,!

Iron

1,500

j.-'-f

prefdiTpd-;———100A.
Cleveland? Electric Illuminating——,15,

48

Colymaiv. Co Inc222%—'22-2--- 22--5

15%' '£;.

Jan

69%

1.000

8^/n

Jun

1,000

100

48

280
250

21%

22

1.300

Amer

28

—

59 %r;

58%

59'

Consolidated Poods

24% 't^ if

'__,1.33Vavr

Car

(Uni—

Consolidated' Natural Gas—_10 "

,

Consumers.Power
Container Corp

Co,

:

46:%f

States

Gas

'

Crucible- Steel Co of

Cujtiss,-fright

_

Ji'fA25;"

-

America,!—2222^
_a Jill: Ii_:6

Cudahy. Packing Co

*

Corp (Un dTLT.__.

D.eerc.•#.;Company——rf 2-2T2 —'—i-lCP- ~

.

-

Dodge. Manufac tufin g Co r, fi,
v
Dbj^GHqmieak Co'--'
-fr/iL
DO Mont Laboratories Ipc ;iAllen Bt—P
Du. Pont. (B I) dd. Nemours (Un)—J«,5'

El

35

y

Co

i

*■'; 8%

8%;'
252

(Un)k—k—

I

(Un) _J

88%

Paso Natura 1. Gas—_,—_2L—3

313.F
*

EmcrsQiv. Radio &: Phonograph■ (Un1—5
Eric
Railroad Co,—
•———_*

22
12

Fairbanks Whitney Corp,,-,—
Firstamei'ica Corp i,j—
Flour Mills--of America lnc222.

3

J
%

!___

,247u

24%
; '•*;

Ford Motor Co—I,————;,.
Foremost Dairios',Inc,
F

W I>

■

6 %;

2,550
1,100

6%

'74%

19%

200

75%

19%

■

"

U,.

: 26%

Corporation—;

20'/a

13

-

,

Corp,
General Candy Corp

5!

Jan

50%

"

Genpral Contract Finance.

Jun

2,500

18%

10% May

100

51% Feb

General- Dynamics

(Un)

Apr

General

Foods

.7 General'-

Jun

New
Genl

w

<te Rubber,'——

1

H»

83Vzc

*_

—_'

Co

hi—

Jun

66%

Feb
Feb

38% May

100

47%

24%

200

69%

70%

2,100

75-%

140

59

200

'
'

49%;
j:

49%
19 %

'

51I7/«

400

400

23%

^12.50

20%

1,700

16%

60

59%

60

4,000

41!

58% Jun

41

65

41%

1,200

28%

28%

28%

39% May

46% May

100

277V

Jan

54%

53 %

55%

1,200

42

Feb

30% May
55% July

Grept Lakes Dredne & Dock!——
Greyhound Corn

Chemical-

68

64%

"
'

:__r,l

(Un

dl—_3

23%

-

_

•Grtesedieck
Gulf

Oil.

Heilcmaxv
Hem

..IIff—1

Co-

'

G-; Brewing Co—_lt

| Werner Corprl_'_,_ld,—---'--3 f

21%" "

20

800

-14%

750

2t

21%

900

Inc,

,i__l

Corporation
Huttig Sas.*> .& Door—
—

1

Illinois" Central RR

Indiana, Sfibel Products Co
Iniand
Stoel; Co- new w i__'f

1-

International- Mineral

&

Internationat Nickel Co

"

Chemical

Interstate- Power Co

L__—

59%

Jun

47% Apr

Oil

31

62%

'61%

62%

1,100

60

43% May
70% Mar

Spiegel Inc
.

3

31%

I*

30 74- 32%

700

22% Jan

481V

4774

'48%.

700

_i

44%

Jun

12%

11%

12%

2,800

12% July

20

10

8%
15%

Jan

20

Apr

20

43%". 44%

500

4214

Jun

48%

5874
40

Jan

67% May

Jun

48%

~

_

,1"

*

•

44

-_s

700

48

69%

49%

600

4614

Jun

54% Jan

6574

70%

3,400

43%

Feb

70% May

58%

59

500

52%

Jun

76%

7874

900

66%

Apr

49% ' 50%
'103% 10874

5,800

31

Jan

800

66

Feb

•

58%
78%
'

50%

1

108%-:

Standard

Oil

53%

Oil

N

Jan

24% May

Standard

11% Jan

12% May
126% Jan

53%

5474

31%

2874-

31%

14%

,5

_

1474

1474

38%

38%

-20 g

42%

42%

—13
5

37%

11

.7

35%

40%
—

50
100

61
45

37%

37%
73%
25%

26%

2

Temcc

Aircraft

-

Texaco

47

"

Jan

Texas

Gas

Texas

Gulf

&

Laughliu Steel

(Un)

10

54% July

Textron

54% Apr
54% July

Thompson

Inc

113% May

123% ;Apr

Trans

200

im

Jun

Jan

27%
62%

Jan

54%

700

4974--Jun

61% Jan

2,400

4474

Jun

52%

Apr

9,700

4974
5674

Jun

39%

Jan

500

Jun

64

Jan

17% Feb

47%

...

Kaiser Aluminum & Chemical,,. -33%p
Kansas'Sower 6z Light (Un)
.7,3.75
Kennecott. Copper Corp (Uri)„_.

Kimberly-Clark Corp '_
Knanp Monarch

Laeiede

Gas

Leat)v*&

Co

Oc>

„1_.

World

Trav-ler

45% May
19% Mar
1" i}

Tri

80% y Jun

Union

208

*

14 %

14%

14%

100

11%

11%

1174

3,500

62%

59

62%

200

25%

25%

2574

41V*

43

—

coinmonJT.----.
J_„id.

common

1.7V 56%
30% d " 30%

159 7n

104%

104

Libby McNeil & Libby
Liggett &■ Myers Tobacco _(Unt_.
Lincoln, Printing'Co common..,

Lytton'^ -(Henry C) & Co

'..it

60'

4%.

""

:

37%

Feb

30%

28%

Jan

;. July
32% Mar

97% Jan

117 > Feb

104%

' 69%

4%

flu-

Jan

60

Jan

16%

Feb

15%

Jan

1,700

974 Jun
527V Apr
25% Jun

29

Jan

1,400

35

Jan

43

July

15

15

Jun

15

Jun

3074
7474

Jun

38%

Jan

800

Jun

8674

Jan

,5

-1—

287V

287V

100

2774

Jun

34 74

34%

3574

350

27% Mar

3574 Apr
3574 Jun

26%

25%

20%

2,500

5

657s

65

:

65%

400

567V

Feb

300

23%

Corp

Jan

Apr

697a July
4% Mar

United

Air

Jan

United

Corporation

Jun

3% May

United

Fruit

United

States

MfgJ.

Marshall Field

23%

Jan

U

S

700

87a

8,200

4%

Jan

41%

4174

4274

800

3974

Feb

42%

7574

10

7174

Jan

77

Apr

14774

15,100

1207V

Feb

317V

—

"• ■'

'

2,700

2374
17

31

Feb

U

S

Steel

700

11;%

Jun

100

80% Jan

98

Apr

Webcor

300

18,:

24%

Jan

May

6j% Feb

ll%,Mar

4^/4

;

& Co <;Un)
:
Merritt Chapman ■& Scott

62%-May
36% i Jan

JUn

70% Feb

(Un)_
Metropolitan Brick Inc__7",
Meyer Eianke. Co,_L,%._7
i_.

18

Jan

13%. Jan

.Jan

Alinnf.apolls Brewing Co,.,

Feb

23

7% Jan

Mar

151

Jun

44

52%

5274

53

4174

39%

4174

4

5

102%
13%

1

Stores Inc common
Wisconsin Banksharcs

-

(Un)

34

Jun

Jan

400

97

67%

700

46%

99% 1037V

3,000

13%

1J0O

14%

887V

Feb

103% July

11

J&n

19% May
39% Mar

36%

38

800

30%

95

500

71

Feb

39%

700

30

'Jan

58%

55%

581%

600

19

19

200

19% Jan

33%

200

28

Jan

34

•

3i%

.

r

a

96% Jun
39% JulS

58% Ju«
20% Mar
Iter

37

600

36

Jun

40%

257V

300

23%

Jun

27% Jan

200

53%

Jan

59

100

84%

Jan

90% Feb

500

1274

,10

•

41% Mar

36%

55%

55%

55%

•
V

87%

87%

887V

16

16

16

,

Jan
Jan

*

I

Co

Jan

2574

37

10

(Un)

327V

y

5

■

-

Feb"

Youngstown Sheet
Zenith

Radio

Corp

&

Tube

new w

—

X

131%

'

l

130% 131%

800

* 12874

800

125

'j

]
'

118% Apr
6774 July

91

<

Mar

Jan

37%

3774

Jun

974 Mar
45

38%

,^.10

Service

Machine

2,200

i

i

657V Mar
4174

95

•

Corp

(F W) Co
(Wm) Jr Co

Jan

1

Wleboldt

Woolworth

Jan

87V

5

—2%
,12.50

:

Motor Co

Power

400

10574 108

6274

67

16%

White

Yates-Amer

107%

Jun

3074

200

35

33%

52

1,400

9

9

9

Feb

Jan

18

Apr

Apr

35%
-

9

Jan

3874

'

49% Mar

Jun

1

-Mar

113%

f«Un)

^Mississippi. River Fuel

Apr

33 %

1

:

Wrigley

17

50% May

4474

700

35

Electric

Jun

Jun

400

3574

—10

Union Telegraph
Westinghouse Electric Corp
Whirlpool Corp

public

Jan

3074

4874

34%

1

Wisconsin

20%

1,900

48

35%

(Un)

Corp

Wisconsin

149% May
35% Mar

48%

Inc,

89% May
22 % 'Feb

44%

MLddlc Sontii Utilities




46% July

Jan

29

Merck

Minnesota Mill & Mfg

Jun

32%

_I.

59

3174

5

C 13% -Jan

46% May

Co,

Medusd Portland Cement—,

(Del)

145

_25

Western

400

31%

9% Mar

—10

Inc.,

|

Feb

75%'

■

145%

(Un)

Rubber Co

Jan

Jun

2374

874

—10

Gypsum
(Un)

Apr

25%

Jan

29

23%

874

Co

20

7

common,—

Martini ' Tht)

Lines

3174
2474

2874

23%

•

Corp

2%

Jun

Feb

>

Jun

287V

*

Corp

Aircraft

28%
"

1

/!

;

f

■

1

(Un)__l_

!•
,

26% July
70
May'

2

Union Electric Co (Un)
Union Oil of California,
Union Pacific RR,

3%

t

Marquette Cement

Carbide

Jan

—5

-

,

St

Salle

19%

2774

27%
"

•

300

6,300

'

So' La

59%,

100

Jan

82

Radio Corp

4%

1,100

66%

33%

*

Corp

United

Jan

Jun

15

27%

Airlines

ft-

Mar

31%

(Un)—

Continental

69%,

2%

69

81%

Thor Power Tool Co,

36%*>Jan

1

69%

"7"_"

Co

KroptT'-Forg*,- Co:::

60%

Jun

81%

^

Transamerica Corp
Ex-distribution

350

23

700

100

32 %

Ramo-Wooldridge

35% Apr
100% July

18%

787i

—

47% May33% Mar

500

32

-

Jones

Jun

50c

Producing

80%

"u 18

Apr

7474

28% May

__5

Co

Transmission

..July

Jan
Feb

39%

Jan

Feb

—3.33%

55
70

34?V
28%

Feb

64

21%

200

3,100

47"

'

46%

1

Jan

Jan

100

34

8,700
..

25

Jan

400

52% Jan

5274

53 V*

—1

Corp—

Apr

.2,000

67%

Jun

6574

31-

25

Transmission

87%

41

Jun

10

Co

May
Apr

5814
43

10

Inc

39%

'35%

12

Feb

65%

31%

25

—

Sunray Mid-Continent Oil
Swift &
Company

28%

122%

874 Feb

,

Apr

4,400

13%

255

'120

37%

46

600

"

2,000
...

747a

26

1

2,100

I/I 3^ %
s 38%

11% May

60%

Corp

31%

Jan

Feb

53%

46

,

8%

Jan

3,000

100%

1,400

65

43%

54%

.

49% Jun

12,900

34

*"32%

Jan

12%

Jan

•

35

39%

100

Jan

54

Jan

2,200

157«

23%

32%

2374

49%

5374

24%

143% May
39'
Jan

Jan

1574

200

500

Jun

53%

10O

5174

600

1,000

35%

700

52%

29%

45

Apr
44% Jan

9,600

65

Railway Equipment—
Stewart-Warner Corp
IIII15
Furniture

Mar

28

52%

Line

-•

50

58%

27

54%

55

11% May)

Jan

57%

6 % Mar

44:,V

43

5074

Stork

Feb

37%

4374*

7%. Apr

800

1,000

51%

Jan

6,700

50

60%

(Ohio),.

Jan

50%

9% Mar

58%

Co

5!%

70

48%* Jun

7

Oil

3,%

6Z°'B

o

-10

Standard

800

* 49%

22

2,600

10% 10%.,
1074'11

•[

--6.25

5,600

69

Jun

48%

48%

*

V4%

50%*'

Jan

40.74

37%
•

5

6%, 6%

Feb

18

38% July50% Jan

29%

1,400

62%
28

65

,50c

V 4*

30

'

1"

(Un)II„III_

"

28% May

'

11%

44%

,

34% May

Apr

48%'

—15

J (Un)

55% May

Jan

50

4874

1

—

Jun

13%

*

9

(Un)

48

48%

,5
_____

Sunbeam

■

108% July

24%

1074

50

1

Studebakcr-Packard Corp (Un)_,

29%

50% July
-

700

*'

11%

1.40

31

"' 26-

73% Apr
7874 July

v

—

200

427V

48%

A

1,700

38%

Standard

Jan

•

"

5

(Un),__
California,.—
Indiana

of

17%

\

,

.

Apr

I

;

(Un)

Feb

100

49%

I
__I

class

May

64%
42%

1

'

36% May
52% Mar

64%

•

common

of

Apr

l$l/2 Jan

,

4174

41%

5

Square D Co (Un)
Standard Brands Inc
Oil

A51

•

»

Iff"

Corp,

Standard

Feb

h

—,

Co

Jan

i_

(Un)

Pacific

59%May

26% Jan

Stockyards

Sperry Rand Corp

llVa

15%

8,900

Jun

36% May

,,IIIIHI"I

Feb

2%

Jan

Apr
Jan

1,000

Co^

Mar

73

Jan

20%

Apr

22

1,200

26%'iMar

100%
122%

3.50

57

15?

15%
50'

30

44% -Apr

2-5

International Paper (Un),!
—1,7.50
-International Shoe Col—i
Ihteimational-Tel & Tel (Un) durii—».*'

58%

500'

38%

Apr

,»

(Un .t

19%

12%

37%

Jan

44%"

Go———
Internationg! Harvester
f

19

45

1474 May
Feb

50

5,000

'28%

27U2

53%,* 7" 51'

___uu«.

;

St'eanishfp

19%

Apr

35% Apr
50% Mar

447V May
38% Mar

29%

351/2

29%

.

10,000

14%

July

6574

38%

"30

26

1—>

'

85

41%: 4374
17%" 17%

(Un)_l

Corp

Tennessee Gas
.1

700

4774

IOO

12.50

100

6%

u_ll0

29%

47%

-Feb

33%c

44

4%

,10

Illinois Brick Co..,:

28%

14

:

28%

*'

Hupp

82%, Feb

59
Jun
23% Jan

Apr

,

(Uri)__33%0

28%

44

''

28%

21% May

100

25

44-

(Waiter El & Com——k——l

Corp'

Howard Industries

21%

12% Jan

Apr

200

43%

153% July

Jun

33%. Apr

47%

Sears Roebuck & Co
IIII
3
Sheaffer (W A) Pen Co class
A
—1
Class, B.
-1

Southern

107.%

46

July

601V

14%

Apr

Jan

2j)'

5974

~ "50

;

:T

Heller

Keftz..

Interlake-

1.270

11%

Paper

Socony Mobil Oil

Jan

23%

Regis

Sinclair

Jun

109% 111%

14%

100

,5

_

new

Service

Southern Co

25

*r 22%

''

,

Apr

70

200

22%
32

29%

IndFana—IIII,11•

National

Public

19% July

70

Jan

1,100

St

53%-May

Jun

20%

100

1%

14%-"'

263

59%

>

53% Jun
44% Mar,*.

56% May
40% Feb
46,% Jan

200

68

11%

100

25

ZZZ*

*•

81% May

Jan

1%

111%""'

6.25

(Un),

Co

44% Mar

Jan

400

-

Schwitzer

Apr

11,%

-

Corp—!1—f—r,—I—25 '

«

Corp,,!.—,5

Schenley, Industries (Un)
Schering Corp

Jun

119P/V

45

.

:

—7.50

£

64;% JUn

16%

25%

20%

(Un)______

71%

100

70

"*45"

24®8

,

262

23%

~69

;i_r-l

Jun

Jan

Jan

20%

k,~

Electric

Metals

St Louis
,

I

18%
18%
150" .153%

153%

-

&

24%

*"

8

Feb

56% May

35

Glass

&

Co

St, Louis

54%Apr

Mar.

35%

1,500

common

...

97

45i

54% Mar

Jun

Feb

29%

Standard Corp
Royal Dutch Petroleum Co

84% Apr

74%

200

——♦

Cit'/ Steel Co
Gray. Drug. .Stores^—

53i%
74%

200

48%

497b

300

Jun

28'%
47%

1,600

55%

38%

Rockwell

Jan

3,100

1,100

-75%
581V

31%

23%

Richman

Jan

41%

15%]

30
55

29

Brothers Co
River Raisin Paper

May
53% July
43% May

%'

,.

Co,::——!r,5

Granite

Great, Lakes, O-il

9y«

80%
92

Oil

New

15% May

,56%

""

69

(C

Goldblat,& Brothers
(W

Feb

24%

ex-distribution—1^,11

Goodye&r Tire & blubber
Gossard

Jan

7%

48%

Gerber 1 Products' Co
——u,.—10
Gillette. (Thei Cp,__f.
-1.,
Glen Aided Corp

.

10%

41%

Telephone & Electronics Corp—lO"'

General Tire

200

11,000

l—a—12.50

i

31%
55%

•

23%

____

53%

Utilities—L—:——'--5

common

Jan

48

-

Apr

:50%

1166% J

Apr

25%

1,200

38%

Reynolds (R J) Tobacco—

3%'.Jun

Jan

300

8

*88'

——

Pprtlahd ^Cement/———k_;l,

General, Puoiic

63

543i

Cbrp._———.

Motor.-^.Corn—z

General

2|

Gas

-Reynolds

14% .Feb

19%

General- Eloetric Co,-____,LJ
•

32%

3,500

Raytheon Company
—5
Republic Steel Corn (Un)
—10
Rexall Drug & Chemical
(Un)'— 2.50

'

4,800

14%

7%

1

J

1,960

49%

l

Radio Corp of America

Jun

27%

Jan

700

43%,.

14

Mar

40%
30

Jan

29%

Quaker Oats Co

75.% JUly
*21% Jan

-

"

l—

52

42% May
3274 May

39%
49

3074

38%

(Un)

Pure

Apr

8

Feb

19%

60%

3%

Jan

29%

I Zl2

Public Service Co of
Pullman
Company

9% Mar
261V

-

Transportation
2122-—_TJ—,1';

General? Box

39!%

23%

Phelps Dodge Corp (Un)
Philco Corp (Un)
Phillips Petroleum Co (Un)
Potter
(The) Co
Process Corp

*

Genera> American
.

1,950

39%

—

I

46%

447V

49%

2UV2 May

Jan

500

11%

GQ.%

Jan

5,500
-

27%

11%

7,

127 % July

26% Feb

y5

(Un)

Pfizer (Charles) & Co
->

rJan

llj% Jun

8%

25%

i

39*

Jan

6874 May

Feb

106

.*10

Pennsylvania RR
People's Gas Light & Coke
Pepsi-Cola Co,

Apr

13%

Jun

600

__IL —3.33

—Lt.

Patterson-Sargent Co
Pcabody Coal Co common,

Apr

91.

30%

12%

7%

Jun

45%

Jun

58%

600

2,700

10

_

Parke-Davis & Co

Feb

34% Jan
751'. V Apr

88'i,

12

'

Freuhauf Trailer Go.......

40%

Jun

29%

American World
Airways (Un),—1
Paramount Pictures (Un)___—
1

7 9% May
260% May

3i%, 32%
22
' '
"'18%

%'j

Co

Owens-Illinois

91 %" July

252%.

40%
85%

587V
61%
;'124% 127%
28%
29%

I

75% Feb
63% July
34% Mar

July

2874

*

Co

Pan

351V

?'8%.

f *248*

;

Oil

Jun

62%

605

i.

46

62%

300

Art

Oklahoma Natural Gas

Pacific

62% May

.*

91%

,

:

39%. Apr

'33'

91%[

400
.

*

5

Olln-Mathieson Chemical

17 % Mar

61:%

*

"

Mar

32%

35

■** -;
32%

65%

V-

28%

Manufacturing Co

Ohio
,,

57%; Jan
45%'iJun

12

595s

6i%;
33%; -?

63%

31%

61%

Ry

Bancorporation

Oak

13%: Apr

45%

M%
33%

62%

Power Co—

Airlines

50%-Jun

30% ;31%
,

11% May

5

Service

Northwest

56"s Mar

47%

44;5;,

•

%
11:I4 v";

—1iki-lf ''

EasternAil- Liuek Inc.—,—
Ee.st.maiV Kodak.'Co

44%t
—

27% Jan

5% Jan

1.5

Public

Natural

24% Jan

30%

127 %

I

•

40

300

64%

*

_

123% May

.

j

—5

—

49% May
65% Jan

Jun

Jan

9%
-

r

Feb

55%
58%

25%

9%

-

40%

200

900

/"I

25%

.

31%

Corp,,

Pacific

20%, Jan

47% "r49

.-

1,300

59%
116

60% Mar

261»;

FL%12

.

i.y

48

;

48%

110

Jan

28.*'

;'56

46%

%'■'

Control's, Co- of* America ,r, i
Crane .Co*,

56

■

26%

Co|itinentakCah,.Co——10Continentali Motors Corp i:

.

•

T,

-

5

Jun

53% July

65%

(Un)_ _II1,1

Northwest

99%; Apr,

VI'" 50%.',50%

—* ;

of America,

22

Jan

j

5

—

RR

Indiana

(Minnesota)

63% Mar

,-.24'

Apr

Jan

39

1

Aviation

Northern

24% Mar

.-'96

96%

16%

500

58%

,5

_

(Un)

Ohio Edison Co,,.

tminmon,—I—25;.:

Commonwealth. Fdison

1...; $4.64;'preferred—If———2-Wo,

900

/

Illinois Gas Co

15% July

500

Co

Northern

9Q
Feb
55%' Jan

15 %
27

43

■

Gas—
Prod

Central

American

Northern

Jan '"

13%

y ~S'

22

53%

—50c

Co

Northern

Jan

26%

-

Colorado*Fuel & Iron Corp.——♦
Columbia. Gas System (Un)——,10

78% Mar

21%
51%

115%

5

Northern
:

4a7s Mar. Vf
54"4

Lead

York

North

Jan

637V

Jun

200

Gypsum

North

.

37

Cylinder
Distillers

New

,

7^% May i

Jun

Ik-

Register

National

May
20% Feb

,50£u Feb
a

'

■"

45

Apr,

3,600

85

83'/a

36%

385

Cash

National

31 % July
I

33%! ,: 13% '33%
55%U% 55% .,57
48%',v/ -161 i, n 48 %
50%'
" 49-% 50%

474%

25%

"*

200

3,600

'Ca./.'-H—'JIT:.'Hi^lO..;,;

City Products' pcfrp—i——
Cleveland* CMff's

31%
i"

■

69%'U;^.68.%,

Electric,-_-_——8.50

&

'. 4*

• 41%-42

;ru

Chicago- South Shore :<fc So Lend-. 12,50
Chrysler Cprp
^'22--,22i-ili-,25^,/
Cincinnati* Gas

30%

4

class

1

High

47%

Specialties—
A.,^
;

National

74% Apr

prcferred-r-,-^---.—100

—3

Low

53%

22

~-~5

(Un)

:

Motor

National

370

.v72%

650

47%

♦

II—2

Co

Company,,^.,

National

Apr
Jan

..; 20% " 30 Va

90

Range Since Jan.

High

89

t

Apr
.

&

Inc

Conv

Muter

Apr

SO'/!,

73%,

(Philip)

45% May

•

73sft

A

Co

Jun
Jan

Shares

Low

I

30*%

Lj__1

series

ii_.

&

41%

for Week

,12.50

Montgomery Ward

27!

\

Cement

Modine
Manufacturing Co
Monsanto Chemical (Un),

;

-

200

Chesapeake- fe; Ohio Ry (Un i—-—--,25

Chicago Milwaukee St Paul-.& Pacific—
Chicago
Northwestern-' Ry—
.J .tfi,;

Portland

300

,

5614

..

Missouri

32Ge Alar

Jun

,166

-."40%

_

Apr

29'

41%

10

22

lFa

Par

257e May
3!a Jan,

5

•

63

-

22

Jan

2%

'

100

"31

4%

lg.%
:

High

200
,

38 V2

30%

-

6G

Centra^.Illinois- Public Service—L.:. 10
Champlin Oil & Refining common,,—1
S3 convertible; preferred^—___,__25.

42V4
.-44

38.%

T

I

5

Corp——.———50c

29%

42%

,

1.1-4.,, 44&

comaion.,———+-2*2-2'T/Q^—

New;

Centlivre

Low

Sales

Range
of Prices

Sale Price

High

K:. -21«

—

(Un)__—-.x25.

commoft———
preferred,

Celanesc Corp

231V.

—:.;.30c:

Carrier Corp

Low

j

Inc__—_—«...— '-5

&r^ecla

Canadian*Export Gas Ltd
Canadian. Pacific

(Par

.

Week's

Last

Range Since Jan. 1

"

•;'
(

■

Sales

Jan

131% July

93% May

132% JOS

117

1

Financial Chronicle

The Commercial and

Sfi

Monday, July 6, 195$

...

(80)

OUT-OF-TOWN MARKETS
WEEK ENDED JULY 3

RANGE FOR

Range

LOW

Laboratories

5'a

33,200

Jan

200

7%

Feb

——1,900

26%

Feb

5,500

J,/%

35 7 b

JO-,4

27%

30%

34%

34%

Theatres (Un)_l

267#
44y«
27
61%
16/4

Bdeust-Para

American

—

Co <Un}__———12.50
American Cement preferred
35
Can

American

—10
Electronics
1
Factors Ltd (Unm
—20
<fc Foreign Power (Un),
—*
Motors Corp (Un)__—..--—5
Standard Sanitary (Un)—r~5
Co (Un)
Inc..—.—

Aznerieand Cyan a mid
American

American
American
American

American

Corp

Ampex

Warrants

Avco

Barker

Oil

Chica

1,700

Corp

18%

96%

100

91

Jun

49%

507#

400

3778

Feb

50 7

Apr

2774

Jan

49 7

51C

Jan

1197b

Jan

Humor

Tire

(W R)

Feb

647'a,;. Jun

1,100

62

84

31%

377#

Jan

May

307#

75

76%

700

6.

277#

300

23

16%
21%

16%

16%
217#

Jan

-/4

900

1774

Jan

300

2374

Feb

29

Mobile

1974

Feb

257b May

Feb

55

Jan

317b July

Howe

Sound

Jan

Hup])

Corp

2774

G:!ii

1,900

Vh

14%

15%

2,300

67# May
10% Jan

157»

15%

16

1,300

48%

46

48%

700

3%

3%

374

2,200

15

-

•87 b

6%

8%

8%

1.35

1.50

4,900

63

63

Jan

8%
9

Apr

International

Paper

737# May

International

Tel

2.30

9%

9%

100

7c

9c

6,000

6C

38

1,900

2

34'#

4974 May
9

May
Feb
Jun

v

Mar

Jade

58

July

johns-Manville

12

Feb

17 a

600

3,100

Apr

14c

May

38

37'%
6%.

7

2,200

Feb

12

43

,43%

200

38

Feb

55

600

447b Apr
567 b May

28

28

377#

100

28

Jun

28

19 7'#

Jan

30

13%

147#

Jun

217-1 July

347#

Jun

457b Mar

10%

10%-.

100

2174

2,000
1,701)

38!#

35%

Jan

36%

Jan

7 AI)r

! 53

50

800

20%

20%

100

197'#

Jun

2174 Mar

30 V#

•'30%,

400

30 V.

Jun

3174

Jun

4%

5%

1,700

Feb

5%

Jun

29 74

29%

48%

50

29%

Jun

29

400/

Kern

Lear

Leslie

—25

69%

22 V
34%
liP#
3l
68 Tb

—10

55

3

.

1

774
277#

22%

Feb

167#

Apr

25

Apr

3<1 %

100

33

4174 Jan

1

;.

3i

Desilu

Productions

RR

Dorr-Oliver

Itu

Douglas Aircraft Co
Douglas Oil Co of Calif—
Chemical

Dow

Eastern

Lines

Air

(Un)__

407#

*

—

Mines

1
3

317#

Ellder

'■El

Paso

•Electric

Ltd

Natural

Gas

Electrical

Products

Radio

Emerson

Railroad

Co

.

' —
2074
217a

—5

Corp—
4
Phono (Un)_.__5

&

Emporium Capwell
Erie

(Un),

Auto-Lite, Co

__

55
127#

Whitney
common
Fairchild Eng & Airplane (Un)
Fargo Oils Ltd
Federal-Mogul-Bower-Bearings

1
1
5
Fibreboara Paper Prod common.*—__*
Firstarnerice. Corp
2
Flintkote
Flour

Co

Corp

Flying Tiger
Food

Mtch

Ford

Motor

Foremost
Friden

For

5

Line
&

(The)—

__

2 4 74
39%

Corp..

—

51%
"757#

2

Chem

1
10
5

Inc

Co

19%

1

—

Trailer

..

2.50

,

Dairies

Inc

Fruehauf

(Un>__

Ltd

8

1

_1

Co

footnotes

see




page

42.

__

64

2774

Jan

53%

517 a

Jun

14'b

400

974

Jan

533 #
14

29%

400

55

55%

1,000

54

117'#

11%

1,300

92

11%

92

#

4674

287#

37%

Jun
Jun

41c

Jun

3274

Jan

25

Jan

3974

Apr :

4674 July
Feb

65c

41c

51%

100

49%

1,200

4274 Mar

574

574

5%

100

574 July

1674

16%

1674

100

7%

77#

25c
___.16%

2.55

2.40

2.55

84%

8474

100

69%

Merritt-Chapman & Scott (Uh)_—12.50

19%

19

19V4

200

187#

Jan

227#

24%

247#

2,300

217b

Feb

29 7

Mission

247#

2,000

36

(Un).

_1
•
5
..10

j

Merck

Frank Co

!

Inc

Manufacturing
Petroleum

Co

&

Inc

43c

10c

—

Navigation Co (Un)_
McBryde Sugar Co (Uht_——

1

Co

Co

(Um

_5
10

16,500

157a

Jan

10(1

67 b

Feb

700

1.75

Jan
Feb

617a May

Feb

58

77b Mar
Jan

22

87b

Jun

37a May
897b May
e

Feb

May

Feb

500

574

Jan

277#

2,100

23%

Apr

107# May
28
: Feb

177#

147# Mar

187#

Jun

_1

Name
22

300

65c

4,100

637#

207#

0,300

59 %

1.500

Jun

5674 Jan
Jan

50c

changed to

24% Mar

Nafi

63 Tb

Apr

National

Corp
Biscuit

Feb

National

Distillers & Chem Corp

National

Gypsum

National

Steel

Jan

National

7%
7%
57#
587#

Jun

200

34

Feb

677b
427b

47

300

45

Apr

587#

15%

100

127a Jan

15% Feb

Natomas Company

11%.

100

11

Feb

137,4 Apr.

New England Electric System

56

300

5374

Jun
Feb

597b

Jun

6%

600

5274
474

Jan

52

1,700

507*2

Jun

6074

May
Jan

40

907#

Jun

97 74

Apr

55

200

200

7

May

26

3274

Feb

Corp fUnt
Theatres Inc
(,Un)

100

497b Jan

557b Mar

31

700

287b

Jun

347 b Mar

59 7'e

617#

300

59

Jun

67Vb May

100

787 b Mar

88 74 July

10%

.88 74
1074

400

10

Jun

774

7%

2,700

7

Jun

1274 Mar

20

700

Jan

217b

Idria Mining &

Chemical Co

Central RR Co

(Un

Oil

Co__

200

1074

Jun

17 %

Feb

North

American Aviation

100

11 Vb

Jun

167#

Jan

North

American

2774

Jan

39%

Apr

Northern

100

1.15

Jan

1.50

Apr

171 b May

217b

Feb

100

4874

Jan

617# May

100

19%

Jun

21May

Jun

18

200
'

800

•

55

127#
82c

15%

'

Jun

874
77#
574
58%

Invest

Occidental

Petroleum

Olin Matliieson

Feb

20

Jan

58

Mar

Pacific Cement &

100

16

Mar

22

May

Pacific Clay Products
Pacific Gas & Electric

700

417b

Jan

100

117#

Jun

157# Mar

1,900

4574

Jun

597#

Jan

May

7%

Jan

5%

91% May

5%

300

75 V4

400

397# May

Jan

Jan

457#

34

Jan

46

200

757'#

Apr

907b Apr
2% Jun

7-e

400

2,000

307#

Jan
Jun

Apr

6%

57b%

common—

1st

5V

preferred

500

187 b

Jan

217b Apr

3,000

4.36 'c

1st

red

Lighting

$4.36

267b May

Pacific. Northern

Feb

55

July

Pacific

11

Mar

13

Jan

Pacific

Tel

800

80c

7%

Jun

8%

Jun

77b

Jun

1074

5

Jun

8

100

49 Va Mar

60

100

467b

300

397a

Jan

31

150

247b

Jan

55%

100

47%

Feb

577# May

35%

36

GOO

317b

Jan

447# May

15%

Jan

22

19%

350

3%

3r,tt

10,900

2.75

Jun

5474

5574

500

4274

Feb

20%

19%

197 b

37#

Feb

Tel

20' :>

900

31

'100

19% M?
277b Apr

2374 Jan

31

6074

2,600

5874

Jun

6674

Apr

30 3-.

2,700

29%

Jun

32

30s#

30

Apr

Jun

29

Davis & Co

_ZI_ioo

C^irp

(Un).

—

Jun

Pfizer

(Clias)

207b

Jan

2674

387b

Apr

43% May

Pfizer

(Chas)

Apr

277# May

Phelps

Dodge

17%
5 2 74,

200

747#
197#

757#
1974
6474
277/#

1,200

600

-600

22,600
2,300

20

Philco

&

Co

300

24%

100

24%

Jun

2774 Jan

24%

247#

800

247a

Jun

26

Jan

24%

24%

1,000

2474 May

26 74

Jan

227b

500

2174 Jun

21%

100

21

'

22

22%

21%

Jun

527b Jun

51

Jan

Phillips

Petroleum

197b

Jun

2174 Jan

Pioneer

Mill

59

Jun

76

Procter

41

Jan
Feb

1874 Jan

2774

Apr
Jun

Philip

(Un)_.
Morris & Co TUn)

Pullman

A-

Apr

63

63

100

5%

67#

5,300
2,100

4Tb

Feb

50

477#

Jun

5574 Jan

8474

847#

00

8474

Jun

897b

6%

15%

176

,

(Un)

-

Co

JUn)

(Un)

874 Mar
Feb

300

*

4%

Jan

67-i May

1,200

6%

14

15

137#

Jun

197# Jan

Jan

1797b Jun
35 74 Apr

149

175% 176%

1,270

28%

74/

297#

1,900

237b Jan

%

47 3-.

200

447# May

41%

42

800

367b

Feb

45

800

157a

Apr

207b Jan

600

26Vb

Jan

31

4,600

57b

Jan

103b Jifn

1

287#

1

4734

47
-

19%

19%

1974

—33'be

307#

28%

307a

1

10

9%

10

•

517# Mar

Apr

Mar

,

33}r3C

T

_

38%

37%

38%

12.50

_

_

62%

60%

62 7

3

317l

,30%

48%

4,000

2

800

32

1,100

36Ta Jun
607b

Jan

21% Jan

45
70

May
Feb

3674 May

60%

603#

100

55

Jun

6474

477#

"48%

900

44%

Jun

527# Mar

_—20

231:'

237b

50

19

Jan

2

81 %

81%

100

74% Jan

«

64

64

100

59

is
5

Co

Ltd

Gamble

Inc

Jan

71

49%

50

—

(Un)__.

Corp

Co

237# Mar

227#

50

57#

Inc—

& Co Inc

Corp TUn)

Apr
52% Jun
75% July

117b

Feb

27%

27

'

—

Pennsylvania RR Co (Un)
Pepsi-Cola (Un)
=
Pepsi-Cola United Bottiers

20

Mar

24%

•

(Un)

Apr

200

42

27 %

277b

1

:

common

Pictures

600

2,700

July

59%

Tl

Airlines

5674

May

Mar

474 Mar
55 74

60

*

Jun

•

Aor

31

10

Pan American World Airways- (Un)
Parke

36 Vb

207b

Jan

400

&

52 Vb Mar

46%

common..

Petroleums Ltd

200

Feb

84%

Jan

2,800

Feb

2.90

30

preferred

45

,

34c

557 b

2

Corp

147 b

1.15 Feb

4474

Jan

4074

Jun

1.75

31

25
25
25

%

Pacific Indemnity Co
Industries Inc

700

Jun

467b

25
_25

preferred—!

200

•<

_;

redeemable 1st preferred
redeemable 1st pfd class A
red 1st pfd

Pacific

47%

100

55%

25
25

Pacific

Jan

1.85

Jun

5
8

:

1st preferred

May

37

1.85

1.85

18c

25

Aggregates.——

1st preferred

39, _Jan

100

55,500

5

4.50%

300

20c

r

13

6

19c

20c

—

Chemical-Corp_

43

Feb

19 c

20

(Un)„

800

47

35,'% Jun

5

Mai-

■

26

400

1
Ltd

Sugar Co

3074 Jan

100
300

37

1

(Uni_

Northrop Corp
Oaliu

Feb

174
28%

,

Jan

Jan.

7b

174

.

1274 Mar

174 Mar

36%

1

(Un)

common:

Railway

40o

300

:

1974

28%

287#

*
1
1

2,700

197#

50c

:

Pacific

20

*

34%

12

77#

1

(U11)

New

12%

17%
5 1 74

26%

800

1774

8874

617#

__1

._4

Niagara-Mohawk Power? <Un)_—
Nordon Corj) Ltd_
Norris

537# July

52%

30 Vb

31

(Un)_5
l
10
1

N

Y

Jan

1774

67% Mar

50
50
2 4 74
25
397# 39%
227# 23%

6374

tUn)

Co

6174

40

-

41% Mar

5274

10

(Un)

Co

Jan
Apr

9Cc

Jun

Fibre's

Automotive

National

,

-

947# May
//

48 3 4

M Oil Co

Company

*

Jan

1374 Jan '

Jun

1374 July

600

A

317# Mar !
63

Mar

2,800

32

457#

30 3

32

Jan

"

100

1274

12%

12%

July

18Tb Apr

86% Mar

_100

__

#

627#

774

Jun

;

11674 Mar

Jun

11-%

5!f

5

(Un)

2874

287#

I
10
7
25 1
1

Inc

103%

200

147 b

50

common—.

400

537#

2,50

Matson

Paramount

Fairbanks'

Corp

4,100

4974 May

12
80c

1

L_

181

1274 Mar

18 7#

207#

5374

•
_«

1047#

—

647b. Jan

4034 407#
857#, 857#
1^/
If,.
31D# 327-4
46
46
20 20%
19n# 2274

20

Co

(Un)

Exeter Oil Ct Ltd class A—

u.

Jun

91
42%

1

^

(Urn

1047# 1047#

18

4

——

500

895#
41%

Eastman Kodak Co

17

j

July

60

56

48
774

—

3774

Feb

47
.77#

__

900

Jan

19%
4374
12

91

60

13

197#
427#
12

5

' 56%

Feb

337#c

60

407b

457#

—50c

common

10

Jun

3874

177#

__r___l

Co

Indt&tries

Dresser

Jun

3%

800

16%

'

Apr

81

800

1774
447a

—

59%

Feb

147#

15%

47

Jun

607b

14%

177#

*

517#

700

147b

16%

43

100

81

1

1

(Un)—•
common—
.7,50

54

797b

1,000

2.50
2.50

Dominguez Oil Fields Co

54

81

36

60%
20%

*

54

1.85 Mar

43 3 b

6074
20%

Ltd (.Un)—

Mines

Dome

1,700

537#

10
*

Productions

Disney

_50c

2,85

36

1274
34

__

1,600

2.30

52%

18

(Un)

41

2.85

47%

1.30

Inc_

38 %

53%

18

DiGiurgio Fruit Corp class B

4074

48 V*

1.30

!

Jun

Apr

45% May

Feb

29%

s

July

99

1247 b

*

^^__50c

(Un»„_

Grande

Jan

1167# May

2

ll7#

Company

ll£)7«

100

Montgomery Ward & Co (Un>
Montrose Chemical

....

& Rio

200

Monsanto Chemical

117#

<S:

99

Jun

-_1

Denver

98

Jan

.—5

Deere

99

-

Jun

54% July

Feb

867b

1,200

1Tb

Cudah.v Packing Co .(Un)__-

.

547#

51

3174

32

2

50%

1.35 Mar

M&y

39%

54

[

59Vb Jan

Apr
Jan

47

72% May

3174

_

47
34c

Jun

31-%

Records Inc.....

100

Feb

90%

pecca

20,500

51

Jan

90%

347#

100

95c

51

1/k

90%

1

50

92c

25%

51%

52

50

95 c

5074
5274

100

Crucible Steql Co of America (Un)_12%

*

100

\

400

.4

Zellerbach Corp common—____5
Preferred
*

Crown

GGc

119%

•

Jun

92c

Feb

30c

200

56
55
5%

■

1 '

14,800

774 Apr

09%

46%
15 (4
11%

:5

_______1

73c

;
,,*

Jan

57b

66c

*

20% July

Develop Co (Un)
Mississippi River Fuel Corp—

3974.

V467b
15%
117#

300

i
:
-

Jan

14

51 %

Martin

12%

59
59c
62%

—

637#

674

2.60

3974

44c

M J M &

2174 Jun

21%

217#
59V#

(Un)___.——10
Commonwealth Edison
—25
Cons Choi Gould & Savage Min_.
1
Consolidated Edison Co of N Y (Un)_„*
Consol Electrodynamics Corp
50c
Continental Can Co (Un)!
—10
Continental Copper. & Steel Ind com—2
System

20%

67 b

.7.50

(Un>

Aircraft

Jan

700

267#

20%

300

6%

.

(P) Co new* common

Jan
Feb

-

700

7%

——•

17%

100

14

55

—

1/c

.

Paul RR com (Un)__•

100

200

327b Mar

22 V4

12 7 «

2.70

437#

5

Lorillard

Champlin Oil & Refining (Un)_—
1
Chance Vought Aircraft
(Un)—J—1
Charter Oil Co Ltd—
1

39%

1.10

2.70

427#

7

(Un».._

Lockheed

-22%

21%

23%

1.10

437b

*

(U*r_

<Un)

LitliiunNCorp of America

22%

(Un)_

Jan

Libby McNeill & Libby common
Liggett & Myers Tobacco (Um —

1
1

Curtlss-Wright Corp com
Cyprcws Abbey Co. —...

Jan

—

Meier &

(Un)—

3 V#

487b

Company

Merchants

Co

Jan

Apr

(Un)_.

Corp

Salt

Menasco

Publishing

1.10

Jan

10

Inc

Lehman

317b July

Curtis

Jun

1.50

County Land Co

397b May

<yn)

36%

*

Tel

Corp

Copper

Jan

Co—

Jun

Jan

(Un)_—

Co

&t

Industries

31% July
147# Jan

Co

297 b
89c

May

10% July

Kaiser

Kennecott
,

2774

Oil

600

2,400

Kaiser Alum & Chem Corp com

Jun

300.

28

28%.

Jan

21%

21%

07#

100

Products

36%

a

400

C'restmont

500

357b

Oil

31%

Corn

40%

35%

:

Jongs & Laughlin Steel

Jan

67 •)

..

Continental Oil Co (Un)

39 31

,50c

12674

Mar

4674

43%

5

—

40%

40% July

24,74 May

Feb

58

:

(Un)—

267# Mar

Jan

1
1
12,50

Canada

Jan

1%

55

of

Co

Feb

60c

1 %

Co common——10
America———*
"wi"__——

Motors

Jan

31%

common——.

36%

56%

55

Nickel

Tnt'J

May

Co

197 a

%

8c

Steel

39%

Continental

177#

1

Inland

31 %

Gas

3,600

—

International Harvester

38%

Columbia

21%

Imperial Development Co Ltd

300

57%

2.50

—.

21%

(Uni

300

.

20%

19%

5

Iron

217'#

{Un)__—1

112% July

&

Jun

—

Feb

5

37 a July
07# Jun
77# Apr

1,000

1.40

Apr
487# July

Feb

\

1077#

Maryland Mines Corp (Un)__50c
Central RR Co (Un)_—______*1

Illinois

16%

Jan

42%

200

7-71

14

J

200

Mining Co (Un)
Co

1

Jan

111

1774 May
Idttiio

6%

1

Homestake

Jun

May

297#

111

f

Holly Development Co_.^
Holly Oil Co (Un)

Jan

44%

May

29 3 «

(Un)

Feb

11%
19%

100

'

30% Mar
30

111

*

(Un.uu—

Electronics

100

:

247# May
'

100

—____7 7b
_2.50

RR

Hoffman

200

4,200

30

__10

—

.1

c Un)„—

}

Apr

25

Ohio

<fc

Corp

Jan

Fuel

597b

2674

84%

Corn

Jan

55%

600

Colorado

507b

23%

106 % 112%

Clary

Jan

25 7#

Feb

30

5

(Un)n

27a

55 34

237#

Co

1,200

22%

23%

Service

3

487 b July
4
Feb

153

Mar

43

55:,4

267b

Cities

100

3

Hawaiian Pineapple
Hilton Hotels .Corp.,.

76% July

ar

.

May

1

Corp

487b

23%

4874

Chrysler

48%

Feb

100

5

.

153

400

.3

Oil

•

2,000

153

-•

Gulf

f

77c

487b

.

(Un.t„

Aircraft Engr

l

Feb
July

97c

77c

100

Jun

Chicago Milw St

Rubber

«fe

& Co

Jan

b May

1527 b

-10c

Calif

of

Co

|
}

3.00 Mar

Jun

2.15

(Un.i

Gulf

a

2.900

6%

Corp.:—_•

Jun

22%

2.10

Grumman

80

31V#

Products Corp—

Apr

23

28

45

Jun

Instruments

Apr

53

Jun

22 3 4

Jan

C'enco

717#

Jun

2074

100

42

Certain-Teed

Jun

42

500

20%

dividend

647b

500

300

4

500

100

of

707

47%

Greyhound Corp

Jan

64%.

———

Tractor

09%
47»«

23

800

stock

69%
477b

4774

17%.

Corp

1,300

i_.

i

w

2.15

42%

25%

Jur.

47%

17®'a

Ex

247#

22%

Co

42%

Celanese

Jun

Graham-Paige Corp, (Un <_
Great Northern Ry <Uni„

Apr

.

76%

—5
5.50
5
Canada
Southern Petroleum———1
Canadian Pacific Railway (Un)——25
Capital Airline Inc (Un.i——
1
Carrier Corp (Un),
—
1()
Case
(J I) & Co (Un)—
12.50
Caterpillar

247 b

..10

Good

Feb

56%
89

106%

62%

Co

Co

200

—5

Apr

Mar

84

—Gc

California Packing Corp new

Apr

24%

Giiriden

Goodyear

Jun

Feb

54%

5%

Products Corp
Gladding McBean As Co

Grace

Jun

57#

Jun

Gladden

Jun

Jun.

45%

400

2,900

Jun

48

Jun

45%

76

45 71!

600
300

Co-_„_4

Oil

Getty

Feb

Jun

5 7#

487#

Telephone
Electronics (Un)
10
Georgia-Pacific Corp new com wi (Uni_

Jan.

%

5%
48%

24%

iUni

5

Utilities-%Un>——_

common

Jun

22

Jan

16

200

217 b

21%

J_10c

Service

18%

25

Corp.,...—

Public
Public

July

31%

.1

217 b

Pacific

Jun

55

(Un)___,

457b Mar
53% July

48

15%

81%

_P 1

—

84

Mai

19% May

30

———

Cement

California Ink

i

45%

5

Company
Hill Co (Un)./.

Feb

Jan

45

62

6%

(Un)—..

747#

1774

4,900

Feb

55

Corn-——

Burlington Industries Inc

Calaveras

15%.

—1

Min___.

Bunker

Eurroughs

15%

—1

Borg-Warner
Corp
(Un
Broadway-Hale Stores Inc_—
New common fi .'i.~..— .r
Buclcl

5,000

79%

—

Airplane Co

Boeing
Bolsa

45%

2

Co

Black Mammoth, Cons

800

4,700

53%

Jan

27%

8

807b
28%

50%

Jan

14

—5

Instruments

Oil

200

—1

Consolidated-—
Inc..—
Bell Aircraft Corp (Un)——
Benguet Cons Inc (Un)
Bethlehem Steel Corp (Un)—
Bishop

50

14%

—1

Corp——-—

Bros

357»i

Apr

797#

30 %

200

67 74 Mar

217 =

Gen

Jan

27

Jan
Mar0

Jun

537b

22

12

1,600

—1

Barn'nart-Morrow

Beckman

50%

100

(Un)——-—
Co_-————

& Ohio RR

Petroleum
Bankline Oil Co.—

46%

-

62

16%

76%

_13

Baldwin-!Lima-Hamilton Corp (Un)
Banciini

23%

JlUi
Jauv

77:)4

1
—-3

(Un)—__—;
Corp (Un;. —

Baltimore

v27

150

43%

(Un)

Corp.

Mfg

42

637#

1
Associated Dry Goods Corp*——-----1
Atchison Topeka & Santa Fe (Un)—10
Atlas

207#

600

35%

49%

——"

—

—

800

1,300

39

Jan

'

8074

New

Apr

May

96 %

Co

Oil A- Refining

27

44%

45%

(Un)—
—-50
Anderson-Prichard Oil Corp (Un)-—10
Armco Steel Corp
(Un)
—
10
Armour & Co (111) (Un)_;—,_c—.——5:
Ashland

29% May

81 %

—...1

■— —-———

(The)

Anaconda

33%

Feb
Feb

59

45

237 b
—25
(Un)—
25

Corp

Viscose

Jan

30%

16%

—

American Tel & Tel Co —
American Tobaceo Co
(Un
American

247a

14%

Refining (Un)_?

American Smelting &

27% May

100

44%

56 V#

337b

Jun

■#

24

537#

General

Jun

39

1,100

5

!—

(Um.

General

1,000
'

26%
26 '/a

Apr

5,700

361/4

■

Apr

33% July

36%

Electric Co

500

33'#

54%

557b

—1

30%

General

1374

97#

lft!'«

9%
33%

12

General

Apr

Jan

6% Mar

Feb

31%

Aluminium
American

374

9%

Mfg Co (Uh
10
Ltd
~~
Airlines Inc corn (Un)__—1
American Bosch Arma Corp (Un)—4-2

Allis-Chaluiers

J uu

49c

1,000^

Dynamics Corp

High

Low '

B

General Exploration Co of California —1
General Motors Corn common.—-—-17b

80%
85c

6334 Mar

100

55c

5%

11%

.«:■■■—-g -?'

fUn<

Warrants

:

71%

47c

53c

——__—w

Corp

Controls

General

Range Since Jan. 1

High

32%

6

Co

General

Shares

29 7

American Oil of Texas.—x—5

General

High

Low

5%

71

—r-5.

i...—

———-IVc
Alaska Juneau Gold Mining Co—..—2
Allegheny. Corn common (Un)~—■— .1

Aeco

Range Si net- -Jan. 1

High

71%

Par

Abbott

Shares

for Week

Low

Far

of Prices

Sale Trice

Sale Price

for Week

Last

STOCKS

Range
of Prices

Last

y

Sales

Week's

Thursday

STOCKS

Sales

tVcek's

Thursday

Exchange

Pacific Coast Stock

Jan

26

Jan
Mar

8674 Mar
65

May

•

'

Volume 190

Number 5861

.

.

The Commercial and
Financial Chronicle

.

(81)

•

OUT-OF-TOWN MARKETS

'

'

.

r"
RANGE FOR WEEK ENDED JULY
3

1

Thursday

STOCKS

Last

Par

Corp

America

of

(Un)

Lov£

70%

27%

400

19%

00%

800

51%

Jim

,50c

Manufacturing

Rice Ranch

Oil

%

%

_50c

10%

10%

1.400

79

77

79

900

29%

30%

4,100

57%

100

(Un)

10

Co

50

103%
53%

Joseph Lead

Co

new

&

Water

50

25%

25%

1,800

25%

Jun

27%

Jun

25%

3714

35%

100

25

25%

1.000

20

20

18%

18%

18%.
37%

class

Co

85

Feb

29%

Apr

Jan

11%

49 V»

Jun

11%

300

9%

Feb

13%;

13%

14% Mar

1,200

9%

Fublishinc Co
Delaware Power & Light

Feb

17% Mar

Duquesne

9%

9%

200

6%

Jan

12

Mar

78%

Electric

78%.

700

77%

Jun

89

May

Ford

19

18%

of

N J

&

Tennessee

Texaco,
Texas

Inc

(Un)

Tidewater

400

23% May
20% Jun

23 Va

Jan

21

100

20%

Jun

22%

30

Apr

400

28%

Jun

J ah

29%

31%

4%

4%
37 %

Corp

Union

Corp

Electric

Union

Oil

Union

Pacific

United

Co

Air

of

Lines

United Aircraft

U S
U

S

Gas

Corp

Industries
Rubber

Inc

Victor

Western

15%

260

9%

1,020

29%

452

47 Va

142

46%

Jun

69%

296

50%

Feb

11

Jun

47Va

8%
27%
46 %

69'A

08 Va

5,200

28% May
14% May

49%

Jun

Jun

62

62

Jun

Jun
Jun

29

60

200

25%

25%

25%

3%

3%

3%

3,800
1,700
1,300

43%
33%80%

28%

9%
25

3%

300

Jun

35%

Jan

5%

Jan

Jan

43% July

30% Jun
75

600

38

12 Vn

302

63%

6

24%

23%

24%

2,198

23

Jun

27

10

45 Va

43

45 Vn

151

38%

Jan

45

5

75%

74%

75%

1,709

50%

Jan

19%

Jun

86%

Feb

28%

400

20%

20%

2,400

19%

Jun

25%

26 %

y4 Apr
25% Mar

1,300

19%

Jan

29%
24%

1

29%

700

28 %

Jun

36

24%

25%

"1,600

22

22

28

Jun

35

21% Mar

29%

100

22

29

July

600

20

Jun

32

100

17

Jan

24%

400

39

Feb

42%

21%

Apr

10%

Apr

14Va

Jun

19

19

155

17%

Jun

20Va

30

1.000

27 Va

Jan

36%

52%

03

32%

Jan

01% May

84%

86%

220

67 Va

Feb

90

10

101 %

Union

18%

5
•

May

51

51

5,553

46%

30%
26Va

39%

38

40

640

__

21%

22

175

78%

80%

253

72%

1,944

45%

*

new

■;

60 Va

7%
32 Va

465

26%

59

2,359

1,013

62

Va

oVa May
22

__

BONDS

Apr
Apr

25

May

87

Mar

Jun

62 Va

25 Va

846

24Va

Jun

26% May

519

57%

Jun

66%

47

500

42

Jan

47

8%

8%

270

8%

Jan

52 %

96

48%

Jan

344

47%

Jun

Feb
Jun

9%

Apr
Apr

58%

48

—

Jan

53% May

62

30

57

Jan

04

98

—

48%

62

Apr

98

5

98

May

98

May

76

10

—100

common

29%
44 Ve

59 Va

51 %

51 %

*

common—

Lothrop

Jan

30 Va May

47

>—

1

Jan

24Va

District

13.50

Apr

9%

5814

—

59Va

10

Apr

57

Jan

79%

common_2.50

preferred—

53 Va

25% May
37% Jun
21% Jun

.*

com

,

Washington Gas Light

29% May
20 Va Jan

Jun

31%

United Gas Improvement
&

15% Apr
42% Feb

7

,10

50

the

3

33 % July
Jun

.—3

»

of

Co

2,411

101% July
33'A July

27 Va

200

7%

common

new

46%
48Va

__

1,723

46%

*18%

-

74%. Feb

276

33 %
28
19%

10

Co

of Columbia '
United Corp

Woodward

J27%

50

Power

;-33'A

27%

•

Trust

97 Va 101 %

33%

1-*

new

"

76

$300

76

Jun

84

Jan

:

49%

Baltimore Transit Co 4s series A„. 1975

J un

Pittsburgh Slock Exchange

31% Mar

43% Apr

900

48

35

23% May

Thursday

STOCKS

Last

Par

100

123%
31%

400

.49%

9.400

34%

35%

Feb

(500

Jun

Apollo

35% Mar

Armstrong Cork Co

50% Mar

Blaw-Knox Co

Jun

33

*

Low

38%

Feb

Columbia

_

_

—10

.

System

41%

31

Jan

52%

51%

600

Jun

65 %

Duquesne

34%

Light

500

33%

Jun

44

34%

Equitable

Gas

12

200

11%
63

66

2,300

44 Va

45

36%
31%

1,700

Jun

42%

10%

500

99% 103%

103%

12

34%

Jan

14

46 Va
44

Jun

36%

200

36

Jun

31%

300

30

Harbison

Co

5

Walker

Refractories—

44%

ft

Natco
5
Corp
Pittsburgh Brewing common
—2.50
Pittsburgh Plate Glass ——•—
Renner Co
1
1

42

Feb

34%

—

Jan

Rockwell-Standard

Apr

Ruuu

44%

200

7

100

42 Va
7

Jun

7

Jun

12%

Feb

10

10

17

10

400

8%

Jun

13%

Jan

1G%

17

1,100

33%

7%

Mar

Corp

—

Manufacturing
Engineering <fc Fdry
U S Glass & Chemical——
Vanadium. Alloys Steel—
Westinghouse Air Brake
United

2

-8.50

.

66
July
103% July
52 Va Feb

Jan

88% Mar

500

Jan

47%

Jan

18

Jan

May

Westinghouse Electric

High

_5

5
__1

59

Jan

14

45%

45

36%

Feb

45%

53

129

36%

Jan

53

22

155

20%

Jun

24% Mar

.

8

July
Mar

Jun

July

8%

605

23'%

24'%

540

23%

Jun

27

Feb

36

%

37%

110

34%

Jun

40

Mar

57%

59%

64

44'%

Feb

36

36

36

15%

14%

15%

—

59%

4

4

85

80

%

25

3%

—

--59% July

33

Jan

40

Jun

17%

3%

Jan

4

Jun

73% May

91

Mar

85

100

85c

500

21%

8% Mar

14'A

37%
7'%

7%

.

Jan

417

85c

22

7%

000

4

37%

—

—

70c

49

200

7

5

161

22

•;

-•

16

29 %

1.00

May
Jan

Apr
Jan

Jun

38'% Jun
7'%. Jun

Jan

Jan

22'%

Apr

'

3%

3%

300

45'A

45'A

25

33%

10

12.50

.

Jan

5%

8%

24%

33%

30

91

--

__

45%

417

21%

—5

Co,

Corp—

24

50%

52%

Brewing Co of Pittsburgh—5

51%

33%
34%

41% July
Apr

Duquesne

52%

34%

Co—

Low

59

9%

9%

1

40

Va Mar

Range Since Jan. 1

High

57%

.

.

Gas

59

Shares

45

Inc__

Jun

Sales

for Week

Range

of Prices

5

Industries

Jun

44

800

149

1

Week's
,

Sale l'rlce

Allegheny Ludlum Steel

143% 143%
31%
31%

25c

Jan

50%

86%

Co

Feb

1

.

Feb

52%

Jun

41 Va

35 %

_*

—

16%

10

Light

Jan

23%

41%

41%

1

52% May
47
May

t

Jan

125

134

__1

Corp
&

Apr

22

28'%

1

,

37

14

.

23%

10

common

44% Mar

15

20

1

*

(Un)

357

5,409

19%
—

5

Co

19%"

Feb

Va July
75% July
21% Jail

Jan

___5

of America

47

63% July

13%
18%

,10

41%

16%

53%

63% July

Jun

28%

26 Va

28%

1

19Va
50%
47

53

5

common

Jan

203«

10

(U11)

19%

1.66%
c

V4 Mar

26%

1

Oil

5%
2,100

72% May
16% Jan

11%

Jersey Gas Co

Sun

11%

30 Va May
54% Jan

Jan

63%

Kline & French Lab

South

11%

19%

Jan

16% Apr
9% Jan

Apr

11%

Smith

Apr

03%

8%

63%

Jan

Jan

00

13% Feb

5

Public Service Electric & Gas

59

11%

29

—1

——

Electric

Reading Co'
Scott
Paper

62%

1

—

35% Mar

104%

3.70% pfd_100

10

(Un)

Dept Stores

59%

Feb

9% Feb

32% Jun
69 Va Apr
15% Jan

10

-

(Un)

Feb

21%

Jan

25

(Un)

Apr

15%

15%

1

Drug Stores Inc,

Potomac

Jun

*

Washington Water Power
Preferred

74% Jun

30

common

Westates Petroleum

Jan

Jun

_1

(Un)

Equipment

63%
54

18

5

U S Steel Corp commonUniversal Cons Oil Co

Vanadium Corp

"800

49%

2

■—

Corp

47 %

Philadelphia Electric common
Philadelphia Transportation Co

45

,—-—1

United Fruit Co

United

Jan

wi

Philco Corp

600

80%

Chemicals

common

Apr

4,400

—_10

Inc

39%

44%"

Jan

86% Mar

—10%c

39%

100

3,700

—_25

Ry Co (U11)

70

—.—:—

Peoples

47

10

Calif—

Apr
Jun

13

Inc

Jan

33 %

42%

Co

Co.

5%

52%

•'

(Un)

%

41 Va

__

4V8 May
34% Feb

50%

50c

(Un)

Co

37%

313V

Inc

100

4%

1

(Un)

89

Jan

•

t

v

Feb

46%

—

Union Carbide

New

31%

33%

&

Pennsalt

32%

5

Fund

(The)

Merck

47
" 51%

5

(Un)

Jun

30%

—

Co

30%

300

5

_

75%

1,010

24

25% Mar

"

4,200

25

Warrants '
Twentieth Century-Fox Film

Madison
Martin

5

common

6,336

41%

.

Corp..

Jun

14

».

81%

40%
44%

Lehigh Coal <%; Navigation

7

_

79%

40%
—

2

28%

54%

(Un)

81%

•

6.50

Brothers
Watch

High

418

Battery

Motors

Range Since Jan. 1

—Low

89%

Co,.——

200

26%

...

Corp "Ex-dist"—
Airlines Ino

General
Gimbel

High

88%

Dairies

Hamilton

Low

.,5

_——

Pennsylvania Power
Pennsylvania RR

52%

:

Tri-Continental

63% Mar

52%

Transmission

,,,,

World

51%

Jun

22

37 %

25

Preferred
Trans

Jun

54%

100

26%

«

common

Transamerica

43

1,700

'.

100

common—,

Inc
Oil

Jan

1,500

50%
23 %

58%

—'

(Un)

Co

Jan

"

29%

29%

1

Sulphur

Inc

Thriftmart

21%

73%" 74%

Transmission

Texas Gulf
Textron

Jun

58%
25%
13%

25

—

(Un)__

Gas

15%

50c

(Un)...

Gas

100

15%

44%

73%

Packard

Co

Apr

6%

Sunray Mid-Continent Oil (Un)
Sunset International Petroleum
Swift

67%

21

.

California

Co

Jan

Jun

55%

(Un)

com

Corp

43%

58%

21%

,__5

(Indiana)—

Oil Co

Jun

600

Jan

29%

„

—

Chemical

35

01%

2 j%

(U11)

Stanley Warner

Mar

15%
50%

—

of

Jan

45

43-%

44%

—25

Co

22

27 Va

60%

5

;

18% Jun

800

2,800

3(5

15

-

500

%

34

35%

01

15

—

19
30

34

30

2

,

Motor

Foremost

common—25

Co

Light
Storage

Sales
Shares

89%

Curtis

Ilia

Jan

for Week

:—25

Jan

23 Va

39%

Va Mar

Week's

Range
of Prices

.

—w.1.80

73%

000
800

300

Jun

9% May

,

50

•_,«

common

24%

9%

A__—

Inc

(Un)

Co

Co

49%

25

Sperry-Rand Corp

Transit

24%

79%

Jan

.

58 'A

34%

Budd

78%

(Un)

Railway Co

Studebaker

Baltimore

48%

20c

Edison

Southern Pacific

Standard

Jan

24%

—

Stauffer

44%

48%

'78%

7%

July

22c

_33%

Corporation
City Electric Co
Baldwin-Lima-Hamilton

2.50

_

,

Standard Oil

29% May
18% July

Jun

64

.

May

33%

Atlantic

18% July

300

54

1

Arundel

35 %

8%

'

Feb

34%

Co__

Tel

&

3

:

-

Warrants

Jun

Jun

Jun

700

8%

Last

Company —
Campbell Soup Co
Chrysler Corp

4.24% preferred
25
Southern Calif Gas Co pfd series A—25
6% preferred
25
Southern Cal Petroleum
_2

Standard Oil

Tel

35%

Jan

.3,000

8%-

common—10

Stores

American

25 %

25%

700

(Un)—•

preferred

Steel

Jan

42

21%

200

37%

4

.,

preferred

Southern

Wood

28 Va Mar

1,300

3714

Jun

500

16c

55%

Thursday

1

Co

Oil

Co

20

,

20

_

1

Corp

Southern Calif

Southern

35%

53% May
13c
Jan

64

15C

Par
Alan

7.50

Mobil

4.32%

1,200

95% July

54%

Sale Price

American

>

—1.40

—

Smith-Corona-Ma reliant

4.78%

37%

35%
25%

Transport & Trade Co Ltd
Siegler Corp
—1

Socony

3(5%

——,10

Co

Oil

1

Jan

*

37% Mar

71%

Philadelphia-Baltimore Stock Exchange

Apr
24% Mar

com

62%

High

32% Jan

500

Va

55

STOCKS

38%

Jun
Jun

Shell

Sinclair

Jan

20%

<Un)__

Gas

,10

common

200

95 Va

15C

10c

Jun

40%

Inc

Co

&

1.35

1.400

,1.66%

_

Servcmechanisms

Signal Oil

29%

2,000

(Un)

Oil

200

21%

Co—.

Shell

Jan

2,200

38

Co

64

Low

34

91%

10

Range Since Jan. 1

High

Jun

42%

Co

Roebuck

Shasta

Jan

96c

1,900

1.35

Steel Corp (Un)
Williston Basin Oil Exploration.
Woolvorth (F W)
(Un)

108% July
55% Apr
25% May

20%

lUn)

Co

Seaboard Finance
luc

13 %

22 Ta

Wheeling

Yellow Cab

33%

—12.50

Shares

Apr

50

Feb

42%

—

Sears
Servel

Jan

Jun

4214

.

Industries

Paper

31 %

%

21%

(Un)—A

preferred——-

Schenley

62

Feb

67

38

St Louis-San Francisco
Ry (Un),,.
•
San Diego Gas & Elec common,——10

Scott

46%

43%

1.25

July

Low

10

—

79

Sale*
for W'eek

Range
of Prices

Par

Westinghouse Air Brake (Un)
Westinghouse Elec Corp (Un)

39% Mar

100

21%
1.35

Jan

Mar

28% Jun

900

54 7

5

27% Apr
73% Apr
1% Apr
10% July

% Mar
3%
67

200

53%

«

70% July

(Un)—20 g

Co

Safeway Stores Inc.,

4.40%

50

1081a 108%

Feb

,1

Petroleum

Ryan Aeronautical

St

57%

„

1

(Un),—

Rohr Aircraft

Royal Dutch

29%:

1
—

Corp

43%

500

10%

10

,

Co_

1.500

Week's

Last

Sale Price

High

Feb

58%

5

(Un).——

common

Rockwell-Standard

Low

07

20%

Rexall Drug & Chemical Co
Inc——2.50
Reynolds Metals Co (Un)
——1

Tobacco

High

(5934

—.

Oil Corp—
Republic Pictures (Un)_„

Rheem

Thursday
STOCKS

Range Since Jan. 1

26%

Reserve Oil & Gas Co,——_—,—____1
Revlon Inc_—A..
'
_l

Reynolds

Shares

—1

Reiter-^oster

Corp

for Week

of Prices

•—•

Rayonier Incorporated —I
Raytheon Mfg Co.(Un)_,

Republic Steel

Sales

Range

Sale Price

-—-—

Radio

Week's

95

3%

Jun

7

Feb

39

Mar

45'A

Jun

32

Jan

38% Mar

70%

Feb

97%

•

95

243

Jun

CANADIAN MARKETS
RANGE FOR WEEK ENDED JULY 3

Montreal Stock
Prices Shown Are
Expressed in

Thursday

Exchange

STOCKS

Last

Canadian Dollars

Par

NOTE:

This tabulation is for the week
endingtransactions for Friday, July

Thursday, July 2.

3^ will be included

Thursday

STOCKS

Last

Sale Price
•

Par

Abitibl Power & Paper common

Aluminium Ltd
Aluminum Co of Canada

38%

25

—

a24%

*

*

40

34%

—

Bell

Range

for Week

Shares

38%
39%
a23% a24%

5.134
35

23

Feb

40

10%

Jun

38%

40

3 4'A

7,375

35%

May

Jan

Feb

British

Apr
11% Mar

British

40
24

40

July

5%

American

Oil

Columbig

5%%

preferred

11.022

-45%

205

40%

55

38 Va

37%

38 Va

357

85

83%

85

125

71

5o

Jan

47%

85%

Feb

47%

Brown Company
Bruck Mills Ltd

47%

25

40

Jan

48

29%

Jan

.50

28%

29%

1.500

27

May

30

9,857

44'A

48%

39%

Apr

270

•

42% May

47Yz Mar

48%

125

0%

7

7,667

6

a48

a48

20

47

5%

5%

5%

1,454

36%

37

1*820

35

48%

48

48%

50

45

51

51

51

5%

High
Feb

35

Feb

44

Feb

46% May
50% Feb

Jan

,7

Jun

49% Mar

Feb

7%

Apr

Jun

44 %

Feb

Mar

48% July

Jun

.50

25%

20

925

29%

Feb

50

49%

Jan

IG

15

16

510

12%

Jan

18

Feb

37.

37

37%

1,433

35%

Jan,

40

Jan

._25

»

a43

a43

a43

35

40%

Jan

47% May

13%

13%

1,107

12 Va

Jun

14%

Jan

9"

Jan

13%

Jun

39

Jan

52*

Jun

Feb

20

——

Building Products

•

26% May
42 Va Jan

343i
45%

Feb

British Columbia Forest Products,.
British Columbia Power

40

May

43

Jan

British

Jan

42

Mar

'

32%

24%

Jun

Juh

Columbia

Telephone
class

preferred
Banque Canadian National
Bank of Montreal

.

25

•

—

20

20

1,325

._10

57

50%

57'/4

1.168

—10

58%

58%

59%

2,853

—

3.35

3.35

3.45

15,004

Rights
Bank of Nova Scotia

.,10

42.

77%

76%

77%

1,141

._10

(Canada)

Calgary

Power common
Cement

Canadian

38%

38%

39%

343

20
\

Jun

24

Feb

54

Apr

63% Mar

53

Feb

00%

2.80

Apr

Jun

3.55 Jun

Ofenada

4%%

13

100

34%

360

33% Jun
79

91%

91%

92

Jan

.99 %

•

33 %

32%

33%

1,740

31%

Jun

37V

Mar

•

27%

27%

27%

222

28

Jun

28

Jun

Foundries common——.10

33

32%

33

080

30%

Jun

37% Mar

class

A

Malting common
preferred

05% May

79%

Jun

Canada Steamship common
5% preferred

33

40

Jun

Canadian

Mar

13

33%

•

common—

Forgings

Canada Iron

12%

13

34

A—

Canada

5%%




42%

.

51%

1

34%

45

*

page

42'A
44'A

May
May

Co—•
—

40%

Bailey Selburn—

see

42%

36%

common

Elecric

preferred

33%

Corp
Atlas Steels Ltd

Provlnciale

27

7

—50

Asbestos

For footnotes

175

48%

pfd—50

pfd

Argus Corp Ltd common
$2.40 preferred
$2.50 preferred

Banque

30

—_£

—50

4%%

30

—50

—

Mersey Paper 5V2% pfd- —50
Brazilian Traction Light & Power-

•

Anglo Can Tel Co 4%%

30

—25

45

Paper

5%%

High

Low

105

Bowaters

Low

Range Since Jan. 1

High
40

—50

5%

Shares

LOW

preferred^
preferred——-——
Ccrp

Bowater

Range Since Jan. 1

High

-

Sales
for Week

45 %

—

Telephone

Bowater

Sales

al0% al0%

—*

——

in next week's report.

of Prices

Low

•

4% c/o preferred
Acadia-Atlantic Sugar common—;
Algoma Steel

Week's

Bathurst Power & Paper class A—
Class
B

The

Week's

Range
of Prices

Sale Price

Bank of Commerce

.

405

Apr

——4

07

67

00

67

Jun

76

Feb

26

a25

a25

20

25

Jan

25%

Jan

48%

49

533

40

Mar

50

11

Jan

1,425

54

Jan

•

49

—12.50
10

a

63^

•

12% ai2%

61%

64

37

The Commercial and Financial Chronicle

.

.

Monday, July 6, 1959

.

CANADIAN MARKETS
RANGE FOR WEEK ENDED JULY 3

Thursday

STOCKS

Last

Week's

Range

^

Sale Price

Par
Canadian Breweries
Preferred

_•

6%

Canadian

.

15 Va
6.80

a22;!'4

11

1,130

•

530

-

a23

May

4.85

22% Jun

15

75

Jun

Mar

Jan

23'/a

Apr:

Provincial

13

12%

13

6,485

83, a

Jan

13

4.00

4.00

300

90

3.75

3.00 Mur

Feb

16

16

350

Feb

16

17%

17%

700

Jan

18

Jun

a32%

a33

165

25

Jan

36

Mar

100

10

Jun

14%

.

a32%

11%

•

9'A

16%

9%

1,400 '

'

16%

Feb

15

500

12

Jan

7%

20

75

75

75

5

18'A

18%

18 Va

415

18

jun

50

45%

45%

46 Va

055

45%

Jun

•

28%

28%

29%

1,500

27% Jan

25

28

28

28 V«

5,143

27%

10

13 Va

74%

■

13%

233

20

510

11% Mar
18% Mar

20

20

800

20

Jan
Jun

■■

■

15 VA

14%

15%

365

__

a8

a9

15

.

47 Va

Jan

3T% Mar
15% May
.

23%
20

Glass

Jan

Jan

May

May"

16% Mar

15% Jan

12%

12%

12%

200

11

Jan

14

m

19%

19%

19%

1,930

19 Va

Apr

22%

2.50

2.50

175

2.25

Jan

32%

33 %

__

Consumers

12 Va

•

Consolidated Mining &
Smelting..
Consolidated Textile

32'A

_

--ft

class

Class

B

St

Lawrence

4.10

Mar

Cement

■-

Dominion

Shawinigan Water
A

Steel

Co

5%%

23

425

21

Jan

24 Va Mar

2

32%

32%

23%

May

Jan

24%

Feb

8% Jan
22

.Feb

11

125

48%

3,995

85

285

85

Mar

92

Feb

14 %

14%'

14%

10

14

Feb

15

May

19%

19%

19%

290

69%

66

70

2,092

17

18'A

9,998

85

IB V

a20

—

_

"...

a20

25

10%

10%

1,250

—;al28% al28 Va
14%
14%
14%

*

690

10%

■—100

—3%

5

6

41%

Feb

11

July

Jan

49

Mar

18%. May

22%

66

90%

•

14%

Jan

19% Jun
9%

Triad

Canada Ltd

Jan

130
19

Oils

94

50

94

34

475

21

*84%

87%

1,123

15%

1.5 Va
38%

260
3,725'

>

a45

10

Jan

45%

United

'.C

18%

.

1,115

19% Jan

28%

4

71

80

Steel

8

8

225

7

I

40

'

v-

29

29

186

27

Jan

30

Class

6%

17%

300

14

Jan

21

,;Vi. 10

22%

_10

.

1,875

-

a3.00

22%

22%

25

;!:

5
1.30

Jan
Jan

10

3.50

290

22% Mar

25 %

a72

a71

a72

400

50 %

71 Va

14 Va

13%

14 V»

1,260

30%

30'A

31

2,115

6.25

6.00

6.50

695

/

:

Feb

13% Jun
28 Va May
6.00

Jun

17
35
8.95

Jun

May
Jun

38%
102

35

100

Jan

103

105 105 Va

35

104

Jan

108% Mar

a9

37% Jan

•

a9

25

7%

52'/a

150

51%

50%

50%

50%

50

44

Mar

'/V 18 Va

225

11

Jan

18

•

865

-

52%

52%

-—1%

—_;

42

39%

108

r——

42

16 Va

— —

^

16%

15%

—•

15%

15%

•

1,520

:

200

1,140

14%

14%

25

42

41

42

403

•

m

14%

•

nr-fwfwuni-nr-r-

52 Va

51 Va

Feb

Jun

35% May

Jun

15.

Jun

Jan

34 %

36

10%,

■«

35

32Va

7,061

.

Jan

36%
4.3 '

Jar.

Jan
Jan

38% Mar

Jan

10

Feb

12

Feb

July

85

3,538

08%

Jar.

•ho

29r -30%

11.634

23%

Jar.

25%, Jun

25

99%

Jun

.02 v. Jan

'

.

L100

73%

74

640

64

Jail

6b%
'25%

62

200

51

Mar

63va

Jun

25%

1,995

25

Mar

31

Jan

4.50

4.40

4.50

1,200

u%%/;n^4

35'L'

.3.7«>

3.75

3.75 *

<

''

18

Mar

Mar

37V»

Feb

•4.10

34 Va

610

"7

Jun

Apr

44Vs

Jan

15

:

Jar.

Apr-

19va Mar

•

34%

Jan.

44

Aor

25

105

Feb

107

Feb

25

45

" Jan

48

Jan

1,200

47%" *47%

-

Feb

13

10% Jan

55

:

•

...105% 105%

__

47%

-50

C.70

Jur.

'

' ,-jsvb' 39 VR

39%'
.100

—

preferred—

Mar

.

3.50

GOO

18%

75

33

650
_

-;''39 %:* "39. Va

*'■■■

4.30

325

1,1%

35',4

35%

Canadian Stock
Prices Shown
?

NOTE:

•%

Are

•

'

.

Exchange

Expressed in Canadian Dollars

i

-•

%■*•..

>-j •<

71

465

6.15

200

10%

.

1

STOCKS

.

.;'•■>'•

Week's

..

11

a23.

a23

425
-

50

10 Va

v.%;

—

.V

Abltca Lumber & Timber

Par

Belding-Corticelli

Ltd

coanmon

Low

42% Mar.

20

Apr

64

79'% May
7.15 May

Feb

46%

40

40 Va

1,784

38 Va

13%

625

12%

5%

5%

762

Jun

Indus Acceptance
Corp common
Warrants

•

41%

7

7%

-

36%

39

1,605

13

13

150

44

44

13

50

preferred

50

$4.50 preferred...
1
100
Inland Cement preferred
—10
Bronze Powders—
6 7o
preferred
—*—25

50

Apr
5% Jan

7%. "7%

—

/—,

31 Va

3

51 Va

•

July

15

25

43 %

45

50

49% Jan

100

88

17%

96

50%

51%

14%

14%

75

2,575
50

24

83%
108

Jan

Apr
Jan
Mar

Jan
Jun

y* Jun
53% Apr
92
21 Va

Feb

Apr

24% May
96

July

121% Mar

680

28 Va Mar

33

Jun

610

48% Mar

55

Jan

300

12

Jan

16

May

23%

23%

125

20

Jan

alO%

*

46

Apr
Mar

Jan

-BVa

Jan

Jan-

6 V*

gv2

jun

1.60

10

70

10'%

Feb

13% May

250

10

8%

Apr

11%

Apr

Canadian

Food

Products

*19

Power &

29%

.*£■

i

4

,

"r7

27"

Jan

7%

Canadian Silk Products
Corp class A_
"Westinghouse Co Ltd

50
41

7%

1.80

Catelll; Food Products Ltd class A
Consolidated Div Standard Sec pfd—

*

Crain

'

22

31%
37 Va

May

.

19:'4

*
'

Jan
33

"July
Feb

4"5

250

34%

Jan

*2 Vt.

100

13%

Jan

23'

Jun

15%

Jun

SO-

Jan

Apr

47

Jan

l.OO

800

205

-

1.15

^

-"185

379

"40

4,850

180

183

Feb

"93!

Jan

3,364

Jun

Apr
2.10 May

Jan

33

!)5c

-

Apr

.

Jun

21''A1

19

1.15

34

132;

May

r*41 Va "41 '/a

41%.'

1.00
48

42%

•

-8'.

40

41% -•42 VA

Dominion Oilcloth & Linoleum Co Ltd •
Fleet Manufacturing Ltd_
:
—*
Ford Motor Co of Canada class A___,—•

■8%. Mar

Jan

25

4\Va
21'A

Dominion Engineeving Works Ltd

Jan

67«

.

Jun

70

T

—

5

Jan

'

'V 33

10

L|^ (R L)_*

:

100

50

42%

Consolidated Paper Corp Ltd_
Consumers Gas common—

300

May
%

41

.

33

%

52

100

1.80

25

;

■

'

18

25

;t

412

525
•

.

*

7

Paper Inv Ltd—_

.

.52
"--7

'

'

*

-

.

.

"52

.

*•

'

19 Va

*29

29%

Ltd—

65c

Jan

108

190

July

Jan

<

Apr
Jun

•

Hubbard

Felt

Co

a

Ltd

"A"

Ktr,

-

a21

25

Feb

22

2.50

2.50

2.55

475

2.00

Jun

2.30

Jun

*

2.35

2.35

2.35

5

2.35

Jun

2.05

Jun

6c

common.—

a21

—*

Chemicals Canada Ltd

Rights

'

preferred—*

5c

6c

5.100

Jun

9c

Jun

8%

200

—

20

5c

Feb

29%

140

27%

Jun

30

Mar

10Va. Jan

11

Jan

Kelly Douglas class A
Kelyinator of
Lambert

*

Canada

(Alfred)

Inc

Ltd—___—
class

Loblaw Groceterias Co Ltd
Common class B

Lowney

Co

Ltd

(Walter

—

10

100

10

Jun

10

s]&12

a 13
32 %

25

10%

Jan

MVaMay

685

30%

Jun

40 Va

31V*

425

30%

Jun

42

Feb

75

28 Va

Feb

33

;Jan

80

Apr
July

37%

32%
31

30%
30%

.

M)— ___—*

Corp Ltd new
Mount Royal Dairies Ltd

87 Va

■

—

i4%."

87Va

200

-15

35

33V4

70O

31

Jun

38%

37%

39

599

37%

Jun

7%

-

14%
33 Va

——.*
*

29 Va-

.29 ',-a

MacLaren Power & Paper Co
Melchers Distilleries Ltd 6%
pfd_
10
Minnesota & Ontario Paper Co—;___5
Moore

■ilVt'Apr

8% Jun

10

1

cl A—*

com

"8Va

__

*

A—

7%

7'/a

206

7%

Feb

•

14 5

a

JU11

15%

Feb

Jun
Jan

36Ve Mar
40:

May

9

Mar

28 Va Mar

29

29%

10%

11

Power—

10%

265

10

11 Vb

1,715

32

:

Jan

Jan

275

113% 113%
31Va
32

—

•

Ltd

39

91

92%

Public Service Ltd common—*

(John)

100

37%

925

:

11% all Va

a

10

& Dominion Sugar Co Ltcl—
Canadian Dredge & Dock Co Ltd—__

r

Jun

20%

a23% a23%

'96

10

High

—-

Jan

'

Jan

14% Feb
6 % Mar

11% May

91

International Nlekel of Canada
com—•
International Paper common
7.50
International Utilities
Corp
5

Interprovincial Pipe Lines—.
Iroquois Glass preferred

50

35%

20

20

»

International

Low

40c

13,300
755
6.430

"

39

—

$2.25 preferred

.%•"%'

,

.

63c

Canada

Mar

Jan

13%

The

2.

Range Since Jasa I

High

41'/a

41%
7%
7%

i

Jun

23

13%

..•• *%

-

t

Shares

60c

61c

all Va

—

19'%

12%

% 40

'

Sales

of Prices

_..—..

•

:

Anglo-Can Pulp & Paper Mills Ltd
*
Anglo-Nfld Development Co Ltd——5
Arcan Corp Ltd
——•

4% cumulative preferred
Canadian. MarconL Co——:—u—i-

May
21%, Jan

-3

'•

•

for Week"

LastRange
Sale Trice

Jan

Jan

Jun

'

.

^

Jun

Jan

0.05

•

transactions for Friday, July 3, will be included in next week's report.

50%

4G% Mar

Jun

'*•

This tabulation is for th'e^veek ending Thursday, July

63

21

—•

Ltd

1,937

11

-

78%

/

■%

1

Canadian

20%

Apr

63% Jan

70%

—4.68%

Lawrence

Jur.

40

10 Va Mar

%

74

j——

4Va%

Jockey Club Ltd

St

29%-

.

16% Mar

May

25%

.

Jun

9%

39%
51%

6.10

of Canada com

preferred

Bros

8.00

46% May

13% Jim

730

7L

25

16-

52%

11

•

preferred

(M)

90

-

.

32%" Jur.

._*■

Corp

B

Ltd

Inland

Loeb

,

Feb
Jan

102

1

Imperial Bank
Rights
Imperial Investment class A

Lower

17% Jan
19 Va Mar

-

12% May

Mar

100

Howard Smith Paper common
Hudson Bay Mining.

Lewis

May

16% May

179

Canadian

Limited

15 Va

310

*

f

July

38 Va

Ltd——

General Steel Wares common
Great Lakes Paper Co Ltd

Labatt

Jun

"

Apr

38 VB

preferred

Jamaica

88%

40:%

a

r.-i 100

•

preferred

Apr

17%
9%

100

Dynamlcsi.

$2.75

Jar.

34'"'is

10

,

Blue Bonnets Raceway Inc.———

6%

75'A

40".

Thursday
29

10

Gatlneau Power common
5%
preferred

Imperial Oil Ltd
Imperial Tobacco

Aor

33%

30%

warrants—i—

Zellers

8% Mar

17%

«.

Petroleum preferred

$1.40

Feb

35

2.973

a8.00.
30%' 30%

•

84?%^.

;

■

"A"

Jan

—

July
May

•

if nr-o.

Jan

100%

July
*

40%

Weston (Geo) class A

Apr

71

Is

Fraser Cos Ltd common

ClESS B mwi<lwir'tf>-»iii'iV;

Jan

4lVa May
13%

Jan

400

13%-

13%

11-

Walker Gooderham & Worts—,
Webb & Knapp (Canada) Ltd——

Jun

27 Va

•

Foundation Co of Canada

Holt Renfrew common
Home Oil class A—

•

9 Va Mar

96%

94
33 Va

-si,
87 va

30%

'

Feb

71

:

a3.00

Ford Motor Co_

Motors

13,203

Jan

14% Jun

130

a45

—

Famous Players Canadian
Corp„

General

10%

.50

—

Mar

25%

•

_-4_.

Bakeries

9%

:—

Bank_l

Apr

12

71
.

B__

S Va %
General

22%

Jar.

a8.00

Pipeline—

18'% July
20%

Jan

27 %

Match
•
Eleetrolux Corp
-IIII
Enamel & Heating Prod clasB
A~.

General

Jun

Feb

Jun

50

—

•

—

Texaco

Jan

•

(1956)

14%

•

......

V

French

18

34%

10%

•

dfvCanaOa

Class

325

% May

6% May

47%

-23%

_

Dupuis Freres class A

Eddy

18

20

11

common

—

....

preferred

18

IB

31 Va Mar

.

48%

,

Pont

7%%

100

•

Redeemable preferred
Textile common
7%
preferred—

Du

1,675

6%

•

Dominion

.

1,600

23%

35% Mai"

10

Dominion Tar & Chemical

Donobue Bros Ltd
Dow
Rrnsvory

32%

23

6%

69% Mar
Jan

50%

jul.

38

:—C 100

22%

115

Steel

preferred

22 Va

—25

16

__1

Toronto-Dominion

-•

43

-

Feb.

Trans Canada

——

Jan

Feb

Feb

7% preferred
Dominion Steel & Coal
/.Dominion Stores Ltd

Jur.
Feb

246

15%
18%
13%

,—

of Canada———

Feb

•*!

Jan

41%
13

930

A

Steinbergs class A

20 Va

com

61 Va

590

:

14%

17

35%

21

•

.,975

1,190

43

-

10%

& I-'ower common.

Structural

Jan

—*

63%

42

40

Simpsons

—a

Dominion
Dominion Dairies common
Dominion Foundries & Steel
Dominion Glass common

Apr
Feb

16%

common

pfd

18%

—

Jur.

33%

4%

32 Va Jul>*
19
Jan *

6Vo
preferred
Corsets —_r_——

35%

39 %

Class' A-7—
Series

30

Coal

1,740

i,!

17

——--

100

a

class

Warrants.

19

al8%

•

Distillers Seagrams
Dominion Bridge

42 la

39%

:Il0

*—

Salada-Shirriff-Horsey

19

18%

a

36%

Va

St Lawrence Corp common.——*——.

19

•

—

Feb

-".j—

.

.

Royal Bank of Canada

—•

A—

_

30%

-

Rolland Paper class A

—

Corbys

Crown Zellerbacb class A

435

Jan
Jan

\ 30% May

May

8

•

—

Quebec Natural Gas
—.illQuebec Power
■—__———■—
Roe (A,V) (Canada) common—
5%% preferred
.100

Standard
•

Feb

33

Feb

80

Jun

19

'

20

Jun

24

Apr

13 Va

"

_•

36 Va

common.

—-~

11

pfd—20

18%

Jun

jun
....

11 Va

Cockshutt Farm Equipment
Cogblln (B J)
Combined Enterprises

Transport

■

*

5%%

Jur.

28:%

Jun

4.00

•

preferred

Gas

12%

1.000

62%

Price Bros & Co Ltd common-

18 'A

10%

Vickers
West Nat

Power Corp of Canada

75

10%

Canadian Oil Companies
common
Canadian Pacific
Railway
Canadian Petrofina Ltd

High

V ;

7,606

33
40 Va

—-

2,660

10%

__,

Company

23

*

Canadian

Powell River

Low
•

30%

y

————

a90

——1

,

common

Range Since Jan,1

High

ma.. 14%

_

a90

*

International Power

Canadian

25 Va

Jun

Penmans

Shares

29%

1

_—;.

Page-Hersey Tubes

22%

•

common

Preferred.

—_

7.00

Apr

Pacific Petroleums

■

_

Preferred

42% May
Jun
15% Jun

42 Va

for Week

LOW

Par

23

•

Husky.'
Canadian
Hydrocarbons
Canadian Industries common
Canadian

15

-20

„Morse

Jan

Range
of Prices

Sale Price

High

Jan

35%

.100

common—

Canadian Fairbanks

35%

85

6.75

•
Chemical & CelluloseCanadian Converters class A
pfd—.-20

Cottons
preferred

1,415

40

15 Va

•

common

LOW

39%

Canadian

Canadian

High
40

——

Last

Range Since Jan. 1

39 Va

lis

Canadian British
Aluminum
Class A warrants—
Canadian Bronze, common
5%
preferred
1
Canadian Celanese

39 Va

STOCKS

Shares

Sales

Week's

Thursday

for Week

•

of Prices

Low

•

common

Sales

32

75

a

10

Jun

14% May

27'A Jan

38

May

Newfoundland Light & Power Co Ltd_10
Orange Crush Ltd_
—i.——
Pacific Atlantic Candn Invest Co——1
Power

Corp

4'%%
MacMilian & Bloedel class B—

•

43

Massey-Ferguson

40

45%

•

2,240

36%

Jan

15%

15%

45% July

15%

9,975

10%

Jan

16%
112%

48

,

48

35

;31% Feb

46% .Jail;

7 7a

100

4.40 Mar

■9%

Jun

3.60

3.60

250

3.25 May

4.00

Apr

43

43

105

7%

•

Canada—

cumulative

Jun

J»n

of

48
3.60

1st

preferred-_i.50

f 43
77%"

40% Jan

45

72

77% JUly

Apr

Jun

5%%
Mitchell

common

preferred

(Robt)

.—100

—

class ,B——————1•

Molson Breweries Ltd class A
Class B ———.——

Montreal

40
•

Trust

110

3.75

250

28%

29

1,632

22%

Jan

28

29%

Jun

28

28%

761

22%

Jan

41

29

Jun

41

42

501

40 Va

Jan

43

18

18%

May

455

17%

Jan

•

48

49

325

46

Jan

32

32 Va

150

27

Jan

National Drug & Chemical
common—5
Natkmal Steel Car
Corp common
•

Niagara Wire Weaving class B—
Noranda Mines Ltd

Ogilvie Flour Mills common
1%
preferred——:—
See

page

*
•

•

—100

42^




395

*

18%

5

common

For footnotes

109
3.75

28%

•

Montreal Locomotive

Morgan & Co

109%

•

Preferred

6%

32%

16

17%

17 Va

17%

2.50

Feb

4.10 Mar

20% May
51

Mar

38% May

200

15

Jan

17% May

170

16

Jan

19

Feb

14

100

13

Jan

15'A

Feb

52 Va

2,925

50

Apr

49%

50

660

40

Feb

140

al40

10

132

Jan

14

52%

16

105

14

50%
a

58

50

Mar
Jun

144% Mar-

non cumulative

Premier Steel Mills

partic 2nd pfd_50

Ltd^—

—--*

Quebec Telephone Corp -common
Warrants

preferred ___—-—
Reitmans (Canada) Ltd——
St

Maurice

Gas

:

*

Southern Canada Power 6%

*

pfd

Union Gas of Canada Ltd—

*

United Amusement. Corp Ltd class A—:*
Class B
*

Waterman Pen Co Ltd (L E)__—.—-—•

31

49

175

Jan

4.50

600

38%

7

Jan

27%

Jan

al2

al2

25

11%

200

-20%

Jan

"38

310

22% Apr

.

Feb

2QVe

37%.l

,

14
Apr
20% Jun

Jun

38

Jan

22

Jun

1.95 Jun

1.10

38 Va"

13%

17%

l.l'O

100

23'.2

24%

3.537

18

Jan

26

Apr

1.25

247i

100

Traders Finance Coxp class A—.__——*
Trans Mouiftain Oil Pipe Line Co
—*

-

?

20.%

1

Ltd

6%;;:"
30%

—

_—_.20

Inc

Shop & Save (1957)

77. .77%1

.7..%

5

—.———

5%%

|

1.25

25

125

Mar

131

Jan

~'36%-3S%
M3%
14
17 Va
17%

3;255

36 %

1.210

10% Mar

alOVa al0%

10%
6 V4

535
8

10%

10 Va

40

fi.

r^ a

3.150

.

Mar

85c

.

n l

%

%4
.

a nr

Jan

Apr

:*7% -July

Jan
-

.

15%

Jun

15%

"

■TVz

Apr

a—

■Q

Mar

Number 5861

190

Volume

.

.

The Commercial and Financial
Chronicle

.

(83)
J

CANADIAN MARKETS
RANGE

Thursday

S TOUK S

Week's

Last

Range

Mining: and
Algom-

Oil

Uranium

Atlas

Sulphur

.-Augustus

Mines

&

Shares

Low

Ltd

1

—

Iron

Co

16%

15 %

--*•

1-1

16%

120c

20c--

21c

38c
12c

& Gas Ltd class A_1
Laker-Talc Ltd-1
Band-Ore Gold Mines Ltd_™™——__L
Barvallee Mine's Ltd™

'Jan

40e

Mar

7c

7,000

7c

Jun

°15c

Mar

22,000

4c

Apr

10c

40c

14,612

35c

Jun

85c

Feb

14c

14,000

9c

Feb

21c

Apr

7.95

Jun

10%

Jan

Jun

Abacus Mines Ltd

33c

Jan

Abitibi

20c

Cadamet

:

*'

6,000

52c

1,000

24,000

—„z!-.—_1

July

51c

July

Ajax Petroleums

Jan

42c

Mar

Jun

41c

2,500

4c

May

7c

Jun

80

80

50

4/65

4.70

200

-

75

Mar

4.35

80

Jail

al.25

4,575

6 'be

2,096

3c

Jun

10c

Mar

23c

4."00

13c

Feb

27c

Jun

Preferred

5,500

8c

Jan

14c

Apr

Warrants

29c

May

65C

Jun

22c.

8c

8c

!

63c

1.21

Jun

1.85

Jan

12c 13 %c

1

23,500

10'Ac

Jab

62c

„

7.35

8c

Mines

Ltd

38,200

21c

Jan

1,700

6.10

Jun

9.15

5,000

17c

Jan

23c

17c

Jun

23c

Jun

51c

Jun

99c

Mai-

12c

Ltd

™.—

21c

19c'

20c

50c

'

4,000

50c

1

20c

Ltd——_™_--75c
Ltd——---—1

Cleveland Copper Corp

——

10 c

Cournor

Dolsan

10c

10c

7,500

7c

14c

16c

24,500

12c

Jan

22c

8c

6,000

8c

18c

8c

July

6 000

6c

Jan

21c

East

10'L'C

Metal Mines
Ltd—I
i-_—1.
Falconbridge Nickel Mines Ltd..—
*
Fano-Mining & Exploration Inc.1

4c.

Mines

Ltd

Mines

New

Formaque Mines Ltd

New

Hdsco Mines

New

North-American
Obalskl

(1945)

O'Brien-Gold
Okalta

Oils

Rare

Metals

Ltd

Mines
Ltd

Ltd

,

Corp—

,

Provo

Gas

Quebec

Producers

Quebec

St

:

Uranium

Mines

Ltd

Oils

Souths Dufault
Sf adfcCona

Mines

Mines

(1944i

Ltd:

Tache Lake Mines Ltd-——---'
Tazixv Mines
Ltd.._—.—_L____2,___
Tip Exploration Ltd.——1—•_
Titan- Petroleum Corp—2-*—-—:
Trebof Mines Ltd./.::

———

United-Oils Ltd————
Valor Lithium

ViolaMae

Mines

Mines

Ltd

Virginia. Mining Corp„—

__




page

42.

1.00

1,000

85c

-1

500

13c

Jan

58c

Mar

18c

9,500

1.02

3,700

16 %c May
7c
Jan
76c

4,100

8c

2,200

2.55

Jun

53c

<

Jan

15o

Jun

Jan
Feb

3.60

-

1.85 May

Jun

1.05

1.40

3,325

1.05

2.30

2.40

1,000

2.00

25%

24%.

25%

5,078

21%

Jan

25%

Apr

48c

48c

2,000

43c

Jan

61c

Mar

17

Mar

24

Mar

2.80

Jan

Feb

16%

14%

16%

13,333

-10

19%

19%

19%

3,100

19

Jun

.50

63

63

64

240

63

Jun

7.75

7.75

8.35

320

7

40

38%

40

12,061

35%

Jan

40'

3.90

4.00

1,650

3.70

Jun

5.15 May

33%

34%

9,749

13% Jun

/

.

71% Mar
10%

May

Apr

%

™«-—

21

21

21

20

21

Feb

22

45%

45'%

45%

560

43

Jan

45%

2,000
14,033

24c

Jan

45c

Mar

10c

Jun

18c

Feb

-1

31c

28c

31c

-1

15c

15c

15c

_50c

—

65c

.20c
_—"™

5c

3,166

63c

July

91c

Jan

3,910

63c

Jun

91c

Jan

4,015

6

Jan

12% May

5.25

5.25

™

16c

19c

24,500

12%

12%

'2,270
195

—

20c

common

18c

Feb

33c

Jun

52C

Jan

36

Jan

45

Jan

14c

May

Jan

23c

7%

»$0c
8%

25,305

96c

1.05

9,980

37%

38'%

1,832

32

85

82%

85

300

69

Jan

93

47%

47%

555

45

May

48

Feb

12c

14c

6,000

19c

Apr

1.45

1.50

1,200

_50

-50

12%c

*

,~7

-—™™—™——.—^—*

26

3,000

May
Jan

8%

Jun

1.50

1.50 Mar

Jun

Jun

Jun

1.45

Mar

Feb

2.09

..

7

100

5%

Jan

26%

1,515

24'%

Jun

8%c

'"*1,050

8c

12c 13 %c

5,000

12c

May
July

23c

Feb

1,600

5c

Feb

8c

Feb

5%c

5%c
14c'14%c

14c

16,500

11 %c

ll%c

12c

5,200

3.15

• -—™———'

11c

8%c

:™.

3.05

3.15

26%

26'%

27'%

305

5%c

6c

7.75

8.00

:

15c

Jan

Jun

21 %C

11c

Jan

16c *

3,000

_1

7
July
,29% Mar

12%c

3,500

—*

42'A Mar

Jan

7

12c

—

96c

25%

'

8%C

—

—

14

37%

/-__—

Mines

24c

'

—

*

Jun

Apr

7%

Acceptance common——

Mines

Apr

15c
12

1.05

1

™,

Yellowknife

7.00

2.95 Mar

400

16c

12%

——

35,842

18%

Feb

30

Feb

4c

Apt

3.15 July

Jan

2.65

Jun

May

8c

Jan

10%1

Jan

6c

20,200

45c

9c

Apr

50

%c

%c

3,000

72c

72c

500

72c

500

13 %c

Jun

74c

Jun

25,400

Apr

11c

9c

■

*

28c

Apr

Eibis

1.95 May

July

20c

%c May

1.32

10,064
1,477

65%
1.40

Yukon

Co

*

■

5%
15c

15c

1.000

13c

Jun

23c

16,750

40c

Feb

70c

30c

25c

1.94

Feb

74c

41,300

60c

Mar

82c

Apr

17c

10,200

15c

Jun

26o

Jan

20c

21C

15,800

9c

22,800.

7c

45%

20c

1

18c

'

20c

5,960

9%

'

*
_

27%

_.

9%
18c

2,000

27%

260

87C

95c

9,200

—25

42%

42%

42%

-50c

1.38

1.34

1.40

12,825
10,650

1

20c

20c

22c

49,374

.

6c

18c

6%
16c

Jan

35c

May
9%C Jun

Jan

52

May
Jun

Mar

25c

Jun

Jan

1.32 Jan

.

44 ya

39% Apr
90c

Jun

30

25% Mar
86c

—.

26c

May
27%c Mar

Mines™

14c

16c

18,500

9c

58C

64C

Jun

15c

19c

8,819
60,471

51C

19c

12c

Jan

22c

55

—50

55

55

5

Apr

55

5C

5c

6c

6'Ac

6%e

5,500
2,000

53c

49c

53c

22,100

44

45

150

48%

49

335

™

1

•

.

•

Ltd—™—

CO K"1

™————-—.

50
5c

Jun

1.08

Jan

Mar
Jun

8 %C Feb

Jun

6'Ac Jun
49c

Feb

2.05 May

Jan

14'Ac!Mar',

14c

1

™__.

Feb
Mar

36c

13% May

Jan

60c

1

-

Mines——

% preferred

14c
45

300

26%

95c

1

159^

46

Jan

10c

Jun

Mar

79c
46

43% Jan
44% Apr

May

50% Feb

Apr

3,100

Jun

Jun

80

Jan

53c

3.55 1

-

G8c

21c

Apr

49c

Apr

Jan
Mar

60

16c

45%

*

Bordulac Mines
Mines

2.80 1

Feb

2.00

Jan

17c

common-

Mines

Gold

24
.

16c

_»

:

Uranium

Bouzan

v

Jan

44,270

44

Jun

Mar

1.88

Feb

3.50

Mines-

Mines

Bonville

52%

77%

7c

Bidcop Mines Ltd—™—,
'
Blue
Ribbon
preferred—

Jan

2,979

1.67 T83

Ltd

_

Bicroft

2%c Jun
28c

Lumber

Bcvcon

59%

3.35

*

'

Mining Corp
Bell Telephone
Bethlehem Copper Corp

Apr
Apr

Jun

76%

1.70

Belcher

Jan

1.15

Lodge

Beaver

6%c Feb

Jun

1.301

74c

Petroleums

Beaver

Apr

Jun

19%

77%

—

Beattie Duquesne
:
Beatty Bros ™™__™____—,

1.34 Mar

1

740

1?300

58%

59

7.35

20
1.35

3.40

Mines

-

Jun

13 %c 13 %c
74c
88c

Bata

Mar

Jan

9c

10

Bathurst Power & Paper class A

•'

1.52 Mar

Jun

Jan

Montreal

1,625

20
1.30

20

—

Base Metals Mining-™
Baska Uranium Mines

Apr

35c

5%c Jun

-

7.95

I-125

—

™

Basco Oil Si Gas

36 %c

.

Gas class A_

&

preferred

Rights
Barnat

May

i

2nd

Oils
of

Bank of Nova Scotia-

1.75 Mar

Jun

1.85'

2,500
24,500

5% %
Bank

Jan

1.24

vt-

J

'

Bailey Selburn Oil

Jan

30c

Jan

74c

9c

500

,

9%

—si-

Feb

70c

68c

70c

10%

Feb

10%

63c

70c

-lc

36c

Steels

Jun

34%

26% May

.25

pfd

42%

preferred

July

,

May

24c

Jun

.1.80

30c
6c

Feb

Paper
Eoymar Gold Mines—

Feb

Bralorne

Jan

Bralsaman

Jan

Brazilian Traction

6c

Jun

65c

Jun

5,000

4c

2.83

2,100

37c

37c

1,000

1.70

1.80

3,200

r5c

5c

2,000

4.25

'/4C
30c,

1.24

Jun

50c

2.55 Mar

3.30

Bridge

4.75

200

37c

Jun

1.61
5c

74c

Jun

2.30

7%cMar

Feb

7.25 Mar

British

%c May

%c May

4.15

'/4C

34,200

13,000

29c

Jun

1.27

400

64c

Feb

32c

1.27.

4%

4%

2,000

4c

4.40

6,250

3.25

Feb

"■'* 9'uc

^5c

14c.
i®1®

9oc
15c

1,5 jO

70c

Mar

10,000

6c

Jan

9c

Mar

1.30
x

15c

12%

Jun

17c

Jan

9fc

Jan

18c

Mai-

7c

/

10c

2,000

6c

Jan

8c

Jan

12
.

12T«

6,825

11%

Jun

2.06

—

2.06

300

2.06

Jun

15%

Jan

2.84 Mar

12'Ac

15c

36,500

16c 18 'Ac

6,100

16c

July

%c

15c

4,000

14c

Jun

68c

72c

20,700

60c

5%c

5%c

5%c

1,000

2.18

2.18

2.18

'

14

12 %c

Jun

5c
20c

2.44
'

—

Feb

Reef

Brunswick

Burns

5c

May

9c

Jail

Burrard

1.98

Jun

2.62

Jan

470

37

Mar

50

Jan

47

Apr

7%

Apr

45

47

2.32

2.48

3,560

36%

37

4,055

35

Jun

4t*%

77

77

77%

75

75

Feb

73' May

--

42%

42%

2.48

36%

,

2.24 Jun

3.30 Mar

Feb

70

40%

43

Jun

88

88

55

85

Mar

91

May

48

806

45

Mar

48

Jun

—-—50

50%

50%

50'f4

130

49% Apr

52

May

Products—t—*

16%

14%

16%

4,065

12 %

18

Feb

37

37

37%

2,543

35% Jan
40
Jan

/

-100

*

—25

43

43%

-

265

56c

12%
2.95

Gold

58c

12V?

12%

S.OOj)

5c

—

Smelting

&

-

5%c

9,750

2.90

3.00

500

000

Apr

Feb

40% Mat
47% May
59c
Jan

Peb

11% Jun
6c

14% Jan
8%c Mar

Jan

2.90 Jun

13 %c

13c

15c

16,000

1.60

1.52

1.60

400

7c

6%C

34

33%

34

7%c
19%

7c

8c

4,300

—™—■-

"19' 19%

"—650

12%

12%

12%

1,050

7

7

375

6% Mar

15c

15c

2,050

14c» Jun

39c

37c

41c

33,050

2lo„ Apr

71c

71c

71c

3,250

•

26%

25%

26%

♦

91

3.70 Feb

12% Jun

7

™™:

Lake—

—^—--

7c

2,985
570

11c

220

May

fl'oc

Jan

2.55 May
9c
Jan

1.30 Jan
jan

39

Jan

11c

33% Jun

Feb

Apr

Jun

9 %c

Jan

30c

1.65

15c

Jan

Jan

Feb
Mar

2.60 May

29c

Mar

——

Mines

Cadamet
Calalta

—

21c.
3'Ac

5,000

3c

Jan

80c

82c

1,800

75c

Mar

92c

7c

8,000

6%c

Jun

12c

Feb

21c

Jan

class. A

Dry Dock

Oils.

1

—

_

Mines

Petroleum

-

25c

^

Calgary & Edmonton
Calgary Power common—<_
Calvert Gas & Oils

1,000

25

1.00

Jun

47%

Building Products
(Bunkcr Hill Extension—
Burlington
A™-..*™™

Feb

3%c
6'Ac.

Red

Feb

5c

500

July

—

Ankerite

94c

16c

2,800

21

Jun

—™_—————

Buffalo

Mar

8,000

2.44

30

—.—.——-——1

Mining

Bufl'adison

Feb

7,300

18 %c 18 %c

21

5%

48

Mines™-

Company

25c
'

21c

3'Ac

Brown

Cable

5c.
25c

21

—50

—

36c

-

100

25c

21

7Qc

——.—50

preferred
5%% preferred
British Columbia Forest

Euffalo

15c

2.44

5%

Erunhurst Mines

Feb

500

5,822

100

Jun

500

1,500

7c

8.40

Electric—

Broulan

lie

70c

Feb

7

15%c Mar

70C

*

Apr

10c,

Jan«

6.75 Jun

5%.

1

preferred >—™™
4'% r/o preferred
4%% preferred
'

6

7%c Jun

2,598

5%

Oil—

British Columbia Power
British Columbia Telephone

4.GO May

lie

%
—.

25c

Columbia

4.089

7,500

7.05

5%

•

-•—*

common

American

7
8c

6.75

—™

—*

4'/o

Jun

1.75 Mar

Jan

4.25

?

7c*.

X

6%
7'Ac

■

7.05

*

common

common.

G)

(T

British

30c

1

Britalta Petroleum

Jan

May

7

1

+—

Petroleums

Tank

Bright

Mar

—1

—

Pioneer

—-—

*

9oc

•

Jan

500

2,000

%c

*

64c

12c

6c

8c

-

Bowater

Jun

2 80

.

1.27

.

70c

70c
7c,

.

7c

-1
a

10c

2.75

32c

Avillabona Mines

1.85 Mar

Jan

27c

46c

-1

-1

Mar

9c

2.65

Aumaclio River Mines——

16% Mar

7c

95

Feb

1,000

70c

-1

see

55c

Jan

36,300

,_1

Westville Mines Ltd
footnotes

July

10c

14c

16c

_1

For

55c

13%

100

8,000

88c

15c

Vtreedon. Pyrite & Copper
Corp LtdWendelF Mineral Products Ltd
Westtturne Oil'Co Ltd.——:—

5,000

11c

13c

»

-1
—

38c

14%

76c

,_1

Ltd—

Jan

4c

_1

*

Vanguard Explorations Ltd-

99c

30c

-

Apr

1.02 Jan

1.40

Aunor Gold Mines^——
Auto Electric common———,--s

30% Mar

*

_1

42c

41%

Banff

2,500

—'

i--l

3,000

36c

*

Jan

5c

---

Corp

Mines

12,500

26

4c

1.80

.

Sullivaxv Cons

1.28

Apr

17c

4.40

—4

Feb

81%

90c :

-—

Ltd

4%c

100

1,000

—

lr.
Ltd
—1
Steep-Rock Iron Mines Ltd..—
1
Mining

5,000

9,900

2-81"%

Ltdi—:———_1

45c

Jvtn

73c

Feb

79c

Gc

z.—2

Jan

18%

2.30

Aumaque Gold Mines—-----—<-

Jun

10c

90

65c.

70c

Standard Gold Mines Ltd

Steeloy

21%

Feb

—

7c

•

Limited

Apr

6c

7c

Ltd———1

Lawrence River Mines

SisCaltA

18%

50

74c

'

2—1

68c

3.80 Mar

Jun

Jan

.50

Atiin-Ruffner Mines

Apr

2,000

10%c 16 %c

—

1

Mines——1.

4

—™™—

Atlas

Feb

15c

*

900

42%

Atlantic

35% Mar

53c

1—.—2

78c

Jan

-1

Canada

Atlas

/ 400

I
T

27c

81c

27c

Mar

j_*—_1

Aubelle

30% July

7c

—

Crest Gold

1,040

1.05

—

Corp-.
-1
QuebOG Smelting & Refin'g Ltd
rights—
Queenston Gold Mines Ltd
1

Radiofe

Feb

6c

Quebec Labrador Development Co Ltd-1

Red

Jan

10C

1,74c

Chibougamau Goldfields Ltd—1

Lithium

18%

Jan

9c

1

Cobalt «fe Exploration Ltd

Jun

4c

4%c

10cx

.

Quebec

13%

28

35e

—

50c

9c

Arjon Gold Mines-——.—™-—/.
*
Asamera Oil
L
4—
—40c

May

6%c

14%

-

12%

34%
of

$2.50 preferred

Jan

21c

1.85

90c

Ltd

31%

1.20

—~1

—-

80c

Jan

4%c

—v

1

Warrants

Mar

5%c

26c

85c

Porcupine Prime Mines Ltd-—i—
-1
Portage Island (Chib) Mines Ltd——1
.

46c

1,500

2121 %

5c

2.70

105

6,013

78c

5

—

Mines

$2.40

May

82c

—

Partridge Canadian Exploration Ltd—1
Paudash-Lake Uranium Mines Ltd-;—1

Mining

12C

Jan

—

.

Pennbeo

Jan

July

™

^™__1

—..—/

4c

42c

99c

—1

Opemisca. Explorers Ltd—Orchan Uranium Mines Ltd

1,300

13 %c

17c

~

1

Ltd-

8%c

■

—'
1
rights—.

-

Jan

28

—

600

69c

2.75

preferred

Argus Corp

May

3,000

-

2.85

17%

67c
44c

Arcan Corporation
_/—
Area Mines
1
,—;•—.—

9'Ac Jan

3,000

79c

20C

Vinray Mines Ltd.——
West Amulet Mines Ltd
Nocana- Mines Ltd

22c
92c

Jim

6%c

27c

—50c

New

Jan

Jun

4c

14c

1.00

2.75

17'%'

Feb

13%cMay

Jun

2.80

Imperial common——
_»
Arcadia Nickel __Z——l—_—
„—IIl

Mar

5c

50c

•

21c

17%
68c

-

49c

10c-

Ltd—1

Ltd—

New.

17c

Anthes

Apr

32

45c

30%

35e-

1

Lake Uranium Mines
New Pacific Coal &
Oils Ltd
New
Santiago Mines

6%c Apr

8,520

_—

22c

13 %c

14%

1

...

Jan

1,000

21,000

1.28

.1

-1

:

Ltd™—

5,000

17c

17c

———

<fo'

Ansil

2,800

9°.

1

Jack

10c lO'/aC

10 %c
-—a*

—™—-——-

Warrants

Mar

135,200

5c

4%c

Molybdenite Corp of Canada Ltd——1

—

1.80

4c

55c

4%c

28

5

Ltd.

4c

6,500

6%c

Mid-Chibougamau Mines Ltd—
1
Mining Corp of Canada Ltd
:™——*
Mogador Mines Ltd
1

Nama, Creek Mines

Mar

22

——

Anchor- Petroleums
Anglo Huronian ™———

2.75 Mar

13c

30,500

Ltd———5

/Monprfr Mining Co Ltd™—A—.
Montgary Explorations Ltd—'

12

Jan

■

American Ncpheline

May

17c

24% May

50c

21 %

_1

Mining Ltd/

Feb

20

-

Exploration Co Ltd_l
Lingsidc Copper Mining Co Ltd
1

Mclntyre-Porcupine

11c

Jun

2,800

17c
14%

%C'

10%

3,185

.™™-_™L™™.—

Analogue Controls

Apr

Jan

6,000

4Gc

50c

&

Merrill Island

6c

27

12% r

31%

190

20

—

Anacon Lead Mines

10%c Mar

Jan

17c

14

13

16

May

15c

8c ;

5c

1

Zinc

4,000

15c

Kerr-Addison Gold MiP.es Ltd —1
&

8'Ac

49c

Copper Corp Ltd—1—
1
Hollingcr Consol Gold Mines Ltd™—5
International Ceramic
1
Mining Ltd.

Labrador Min

4c

9,000

50c

8'be

11

20

Amalgamated Larder Mines
Amalgamated Rare Earth—-—

Feb

15c 19 %c

55c

Haitian.

Kontiki. Lead

5.000

500

-

,

18%c*

-———1

Ltd...

Gc

10c

Mar

1.90

v

27-

Goldei* Age Mines Ltd
Gui-Por Uranium Mines <&
Metals Ltd-1
Gunnar Mines Ltd— ——
™—I——1

Mines

'6c

11

•25%

15c

Fundy Bay Copper Mines Ltd---.—,-1
Futurity Oils Ltd.'.
i.
_*

Iso

3,675

1:90

Fab

■Gaspe Oil Ventures Ltd—

15%

10c 10'be

Mines-Lid—-a.——-—1%.

i

1

.

Jan

10c

Ltd™——,_i—1

Sullivan
/'

Jun

11
20

——n—i.—

Aluminum Co.
4%

Mar

13%
■r'

24

Aluminium Ltd

Jan

8'.be

8c-

Mining Co Ltd------------—1

Mines

1.000

/ 9c

15%

2,220

_50c

Alminex

'

9c

1.50

—

23%

—.™

__

Algoma Steel

Jan

lGc

———1 *

Compagnie Minierc L'Ungava.

Consol Bi-Ore Mines Ltd
1
1
Consolidated Denison Mines Ltd—.
1
Consol Quebec Yellowknife
Mines Ltd_l

23%

Mar

65c
7.35

21c

-

23%

:

Mak

.

G;90

1

—25

34% May
23'A Jun

Algoma Central common—

-

Chib-Kayrand Copper
Chiboug Copper Corp
Chibougamau Jaculet
Chipman Lake Mines

24c

10,952

common-

Alberta Pacific Cons Oils
Algom Uranium common

6'Ac

Jun
Feb

15,316

39%

Alberta Gas Trunk™:

July

6.05

J an

39c
40

Jun

36c

38%

Alberta Distillers common-™™-—
Warrants ™™™™™™_—™JZ—

al.10
.

™_

Yellowknife Gold
Alba Explorations ™vi-™---™

Jun

High

Low

27C

—38%

Akaitcho

S7c

Range Since Jan. 1

High

*

common—

Agnew Surpass Shoe
Agnico Mines Ltd

51c

9,500

Shares

LOW

—

Paper

—

10'Ac

4c

12c *

Ltd——1
Central-Del Rio Oils Ltd—'*

Jan

39c

...

V

A

Voting trust

V

6%e

&

Acadia Uranium Mines
——
Acme Gas & Oil—™.
:—
Advocate Mines Ltd-™——;—

Jan

15c

.-4c

al.25

1

Mar

60c

..-.37c'

.

4.70.

Canorama. Explorations
Ltd™.——,_1
Canub®'Mines Ltd™—/—-—_
-1

13c

Class

for Week

111*

Power

Preferred
Acadia Atlantic Sugar

Feb

5%c May

51c

•

Feb

25'Ac May
5%c Jun

2Gc

80

Canadian Homestead 6ils
LtU__>_"-_10c
Caimlask Nickel Mines' Ltd
_*—,

10c
84c

Jan

1,000

18,500

24c

4G

Range
Of Trices

Sale Price

1.30 Mar

4%c Feb

24.133

51c

38c

Last

Sales:

Week's'

Thursday
STOCKS

Apr

42c

13,500

6%c

25c*.

Calumet Uranium Minos Ltd.
r—'—:1
I.Canadian Collieries Resources
Ltd—1~~
5 %'
preferredu.—-----1
Canadian Devonian Petroleums Ltd—'"

8c " Feb
10c

40'Ac Jun

35c 39'.be
5%c
7c

lb"
7c

Tungsten Mines Ltd——_1

.Cartoco. Mines * Ltd
Carder Quebec
Exploration

50c

51c

Mines. Ltd——™1

r

Feb

72,500

,6.%c
39

Jan

55c

5c. 5%c

52c\;

1

5c

4%c

1,000

48'L'C

55C ;

19c

1,000

Gc

5%c. *

Bonnyvrlle Oil. & Refining Corp—-—il
Copper Corp———_/—.
1'

•

5c

.

Bornite

2,500

b,c

'

■i

300

21c

7'

Jun

Par

8.00

7%C

—

Burnt Hill

This tabulation is for the week ending- Thursday, July 2. The
transactions for Friday, July 3, will be included in next week's report.

ltfc

19c

Canadian Dollars

NOTE:

16% Mar

12c

1

21c

Mining Co—
'—-1
Beatrice Red Lake Gold Mines Ltd_™l
Bellechasse Mining' Cprp
Ltd™——-™1:
Belle-Chibougamau Mines Ltd——-—1

Ltd

3,500

Feb

7c

8.00

Bateman Bay

Bouzaxv Mines

14

Prices Shewn Are Expressed in

35c

Bailey Selburn Oil

,

900

./High

3c

-

Ltd

Exploration -Ltd-'—

Aull" Metal Mines. Ltd

•

Low

^fock Exchange

Toronto

Range Since Jan. 1

High

Stocks—

Alscope Exploration Ltd.
;™
rAnthonian Mining Corp Ltd_
.

for Week

of Trices

Sale Price
Par

FOR WEEK ENDED JULY 3

Sales

34c

Mar

Campbell Chibougamau

5c

Apr

Canada

Bread

Jan

Canada

Cement

Preferred

common

common

——

910

.—j

91

92

260

55c

—

57c

5,000

7c

16%

65c

May

21% Apr
14% Mar

Jan~

Jun

8

26 %c
46c
•

1.27

Jan

Feb
Jun

Feb

Jun

35

Jan

78% Jan

100

Apr

24%
55c

Apr

74c

Apr

10% Mar

6.95

Jan

4.50

4.50

100

4%

Jun

*

33%

32%

33%

1,553

31'A

Jun

37

—20

27%

27%

27%

50

27

Jan

28% Jan

1

7.60
i.

_

7.10

7.70

4,080

5%

Feb
Mar

39

40

the'Commercial avd Financial Chronicle

(84)

.

.

Monday, July 6, 1959

.

CANADIAN MARKETS
RANGE FOR WEEK ENDED JULY 3

Last

23%

23%

100

27%

27%

25

32 %

33

1,785

09%

Foils class

A..——
Canada Found 6c Forg class A—
32%

Canada Iron Foundries common——10
Canada

Malting

55C

54

—

—

jj

07

1.45

5pC

)54

-—
.

Warrants
.—
Canada Packers class
Class

03

1.45

common

Canada Oil Lauds

A-.,——

54

—-——.—-—.—————.

07

90%

Mtgo

—

175

54

Preferred
Canada

Canadian Bank

of

Preferred

Canadian British

Aluminium

14

DC

5,000

—20

04

61%
39%
39%

64

40%

39*4

4,013
10,380
375

15 %

14%

15%
7.20

6.55

Feb

Celanese'

13%

Jan

Deer

13c

•

Jan

Deldona

Jun

Delnite

Jan

65 %

Jan

42%

Jun

Jan

54

35%
,35

42 %

May

15%

Juii

7.20

Jun

6.50

Jun

11

Apr
4.10 Apr

6.30

940

15%

675

22%

23%

1,202

17%

17%

150

17

Mar

Horn

95

29

Jan

33

II13

common

13

1

Morse

3.40 Mar

14,

Dome Petroleum

23%

18%, Jan

Apr

Dominion

Electrohome

Dominion Stores

Chemical

Dominion Textile

29

29%

810

25%

.Tan

34

Apr

Dow

310

"34 c

3,445

75c

Jail

11

125

17

11%

Jan

G8c

May

82c

.....

150

5.00

5.75

•

Jun

8%.

Jun

Feb

„

62c

Jan

EadyAlatcli

Jan

Eddy

5.00

8.50

Jan

Jun

15% Jan

84c

2,000

•

40c

28c

41c

12,392

...

•

2!)

29

29%

1,317

6c

%

185

85

19

19

Fob

May
Jun

;

1.12 Mar

27%

40c

Jun

6c

1

....

-''

—,m—

126

24

Jan

20%

1.60

Apr

3.00

Fanny

100

1.16

Jun

2.00

Feb

17c

6,766

1.65

144,155

16c
•

Jun

35c

2.45

19,530

32c

Jun

4,175

10c

Mar

10c"

4,000

9c

10%

lie

10%

'

2,608

1.00

1.00

2,700

Jun

3.10

14,310

6.05

Jun

9.20

6,550

1.05

Jan

1.00

1.38

4.200

Jun

1.30

ge

5c

5%c

5,000

5c

40c

39c

48c

102,534

19c

Jan

52c

——1

22c

1,90

Jun

1

48c

...

Enterprises
Metals

95c

48c

Jun

93c

Jan

28c

5.800

72c

Jun

50c

Jun

58c

2,000

2,350

2.45 May

3.50

600

2.25 May

3^75

3.70

3.75

3,900

2.80 May

14%

15%

1.096

Jan

12c

10,000

11c

Jun

21c

14c

Apr

19c

Feb

99c

Mar

8c

1

—

3qc

35c

6%c

6%c

12%

12%

12 Tit

1

——

i

•
•

•

37c

16,500
500

,

%,300

32c

32c

32c

3.10

2.75

3.10

82g

1

12%

12%

12%

300

2.50

Petroleum

53c

53c

53c

38c

38c

26c

;

.

Mines

1

Coniauruin Mines
Con Key Mines—.-—

Consolidated Allenhee

20c

—

.<

Oil

•

Mines

Gamma—..

Callinan

Consolidated Dcuison Mines

Gillies

Consolidated Golden

Lake.—

7

—__1

Arrow

1

Juli

,

3.50 Mar
4.10

Jun

Jan

Co

Ltd

Oils

Negus

Consolidated Sannorm

14

May

10c

8% Apr

10%

Jun

17c

Jan

Jan

19c

Apr

5%c Jun

8c

Feb

9c
13c

11

16

Mar

Apr

22c

Jun

47c

Jan

£.500

38c

Jan

53c

May

4,747

35c

Jun

03c

Jan

1,080

6%c May

4.20

1.55 Mar
3.65

Apr

4.10 May '

Jan

8c

8c

2Be

28c:

500

19c

Jan

67c

57c

69c

59,700

55c

Jun

1.05

Feb

29c

26c

30e

4,200

26c

Jun

64c

Apr

57c

Jan

10 %c

Jan

3Gc

Mar

67 c

I,100

3.80

3,061

5,106

2.05

1.87

2.09

14,000

37c

30 %c

38c

53,050

1.05

1.01

1.05

3,300

23C

21c

23c

10,366

20c

5%c

5%c

833

5%c Jun

8c

25c

24 %c

25c

3,300

24 %c Jun

40c

5c

4,500

4%c Jun

7c

i—1

9%c

-•-%!

19c

Cournor

For

24,800

7c

"1,000

1.50
18c

Jan

38c

63c

Feb

1.20

Jun

36c

9c

Jan

12C
May
-G%c Jun

1,600

42%

41%

42%

2,459

34

104

104

104

140

100

.100

103%
7%

103%

104

420

100 % Mar

7%

7%

10

6% Feb

25c

26c

55c

•4.15

—_•

42%

51

Jan

65c

j_

4,009
280

2.20

2.50

20.615

j

6%

1,300

38%

38%

7c

1:50 Apr
Jun

181

Jun

7%\

Feb

72

Jan

50

13Ta

65§,

61

,

1,000

7.00

6%

—

Jun

Jan

30%

2.38

Jan

108Vi

6.20

_I°,

1,12

250

_

3014

30%

Jun

14

7C

71%c

2,515

Feb

50c

Jun

17
11

May

Mar

%c Feb
Mar

35

28% May
6.00

Jun

9.00

Jan

1.80

Jan

2.74

Jun

712 Mar

Jan

6

46% May
24 % Mar

•

9

8%

9

250

7

Jan

10% Jun

2,762

Bakeries

2_

Development

—

General Dynamics

General

Motors

General

Petroleum

General .Steel

Wares

Giant Mascot

1

20%

22%

Aprv

<v>

Jun

63%

Jan

50%

2,311

41%

Jun

50% May

94

94

10

3.10

Jun

4.10 Mar

670

10a,4

30.

3.10

18%

3.25

18%

18%

1.140

1.20

Mine

1.25

806

—

-.1

23c

20c

23c

1

8.10

8.10

8.25

1

30c

30c

31c

6,575

Mines

Apr

52%

Prospecting

Mining
Eagle Gold

104

48%

n

—100

—

Scientific

A

Jan

19%

19%
50 %

common

Preferred
Geo

class

37%

52 Li

_1

1%

Canada

1,620

101% 101%

1

:

—

4,0441
2,36

Jun

17

89

Jan

19%

Feb

94% May

May

1.55 Mar

1

1.00
9c

Jun

31c

Jan

6.25 Mar
29c

May

8.6(>May
Feb

59c

Jun

—1

Urcnium

11c

10c

11c

10,000

10c

Jun

40c

1

31c

30 %c

31c

6,400

30c

Jun

46 %c

225

225

230

55

44

44

44

54

—

50
•

6%

6 31

225

_•

17 c

16c

17c

1,625

1

1.39

1.21

1.39

1,700

—42'/a

39%

—

Mines

-Great Lakes

Paper

48

Mar

6

Feb
Jan

7% Mar

Jun

15c

Jan

2.30 Jun

1.70 May
42

•

Jim

38c

Mar

Jun

1.21

2.25 Mar

Warrants
Great

•

preferred!—

Gas

B

West

26

Apr

9.50 Mar

5%

5%

2,300

May

6% Jan

2.50

2.85

50

40

2.45

13%

13%

14%

1,315

4.00

1

40
2.30

4.00

225

;__*

Saddlery new

100
850

-

:*

8%

8%

9

2,920

*

11'%

11

11%

1,325

11

common

Winnipeg Gas

10%

11

775

Voting trust
warrants

Greyhound

925

40
2.30

Plains Develop —.
Great West Coal class B
Great

Apr

7.25

5%

warrants—

Great

Greater

42% Mar

32%

25

—

1

common

preferred

Class

35% May

25

24

—

Warrants

$2.80

3,479

24

8.25

,25

——

Northern

42%

24

8.25

2.65

Great Lakes Power

5.50

5

2.50

3.35 Jan

Jun

41%

Mar

38

Jan

Feb

Jun

3.30

Jan

13% July

21%

Jan

2.30

5.50 Feb

Jun

4.00

8%

Jun

9

Jun

Feb

,12% Apr

Jan

9%

9%

12

Apr

6.25

5.50

5.50

100

4.50

*

4c

4c

4%c

30,250

3 %c

Apr

20c

*

12 %

12%

12%

615

12

Jan

13% Mar

—10

Lines

27%

27%

27%

100

26

Jan

28% May

;

July

Apr

Apr
Mar

Mar

Gwillim

Lake

Feb

Gypsum

Jun

Mar

22,600

25c

Jun

2,000

11c

Apr

6,485

18%

19

1,385

19

815

18

12%

100

11% Jan

1.74

Jun

18 '/a

July
Jan

106

Jan

8

Feb

74c

Mar

16 %c Mar
2.50 Mar

21%

Feb

20% Mar
14

Mar

39c

2,100

Jun

58c

Jan

11c

11c

2,000

7%c Apr

12c

Jan

68c

71c

3,000

68c

July

1.30 Mar

8c

May

15c

Jan

9,000

7c

Jun

13c

Feb

15

14

15%

14,810

Alabastine

r

;

2.65

Jun

7.50

Jan

13U

3.50

Jan

8%

Jun

7c

1

6%c

13%
104%

*
,.11

•

7c

5,000

47%

47%

25

13%

14%

14

,•

6c

Jun

10%c Apr

38 %

Jan

49'% Mar

Jun

19

% May

3,325

43%

104% 104%

20

103 3 a

Apr

13%

14

670

8'%

Jan

13% May

10 %c

10

lie

4,800

10%

Feb

14'

Jan

106%

Jun

14 %c 14%c

1

;

Mines

_1

1,000

14c

Apr

25c

Jan

19c 19 %c

13,100

18c

Apr

25c

Feb

19c

Heath Gold Mines

i

Hees

(Geo H) & Co__
Heva Gold Mines

7,000

8%C Jan

24c

Apr

1

37c

36c

40c

6,300

34c

JUll

58c

Jan

1

7c

7c

7c

4,100

7c

Jun

11c

Apr

1

Headway Red Lake

17c

*

-

9

9

.

18c

9

200

5%>c

5%C

5%c

3,000

•

56%

56%

56%

35

5

-

31%

31

31%

*

15%

15%

16

14%
41

4.00

1

—

,

6 % Mar
5c

Feb

.

10

9c"

Apr
Jan

"

(Canada)

Hollinger Consolidated Gold
Home Oil

11,030

7%

100

—l
,

Head of Lakes Iron——

Hinde & Dauch

4.00

7%

.*

Minerals

Gold

Jan

2.70

7%

*

preferred

Harding Carpets^

Htisaga

19

May

1

Gold

Lime

Hardee Farms common,
1st

13

*

common

Harrison

105% May

2,500

9c

3.90

Products

14c

9c

7c

Warrants

Gurney

25c

2c

7c

1

■

9c*

1

;

5.75 Mar

12c

36 %c

1

Mines

Jun

15 Vic Mar

-

Trust

Mines

"Lead

42% July

1.90

38c

GuaraJity

Gunnar Mines

Jan

12c

68c




137h

3,920

72
184

19 %c

Jan

Jan

Feb

12%

42.

:

Hard Rock Gold Mines-

1.80

—1

page

71

182

Feb

Jun

Jan

1.10 Mar

May'

1.85

•

1

see

71:?'i

Jan

12c

17

Gulch

19

footnotes

16,500

8.25

100

Gulf

57c

;

Copper

15c

35c

Jun

35

Feb

18%

Mining

12c

Jun

4.70

2,420

Feb

2.55 Mar

4.95

nil

Zinc—

.

1.12 Mar

Jun

3c

839

18'/,

5.25

55c

II,300

1.15 May

Jan

4.85

£

Imperial
Lead

Cowichan

5,500

20c
"

Class Bi

Coulee

18c

-%C

25c

Mines

,14c.

70c

1,750

»

17%

22%

57 c

Publishing—

Copper Rand Chiboug
Corby Distillery class A

5.10

18%

Apr

niio
l

76c

C%c

38':»

Jun

4.95

•

Coppercorp Ltd

Cosmos

11c

9%c
'"

1

3.50
19

.100

preferred

10,421

73c

5.00

75c\

5.00

Feb

1

common

19% May

Mar

4%c

Consolidated Spdbury Basin
Consolidated West Petroleum
Co

25% Ma'y

Mar

_10

Grey hawk Uranium

1

Class A

Mar

17

Apr

Jun

3,666

*

—

Mar

22

1,140

Jun

15c

10c

19%

nil

Ltd'."

32

970

18

101%

Goldficlds

1

Mines '.—.

24% May

27

•

Gold

19

Consolidated Nicholson Mines

Consolidated Red Poplar
Consolidated Rcgcourt Mines

11,900

15%cMar

100

Jan

—2

Mines

Jun

—1

Apr

4.00

3.60

Mines

Consolidated Northland
.Consolidated Peak Oils

Jan

22%.

2_20c

common—;

50c

1

.

Power

Jun

2.00 Mar

3.70

Explor'

Consolidated. Mosher

Jan

20c

8%e

preferred

31c

19%

*

Ltd

& Smelting

Consolidated Morrison

Jun

45c

4,200

61,400

18

—_L:*.
preferred

Giant Yellowknife

61,575
4.735

67c

Jan

57-

22%

^

Glacier

27c

1

14c

Jun

Mines Ltd

Feb

IIIi

Mac

Consolidated Mining
Consolidated Mogul

1

May

26c

182

„

Feb

Apr

53

5

12c

14

Co—-.

50e

25 %

i5

common:..

Jun

Apr

*

27

A

:

Jan

2.1.7 Jun

O'Lc

—

1

Ltd—1

Mines

Petroleum

Apr

72

22 %

:

Companies

30

,

72

23c

12c

;

Jan

*

S>—.

class

Jan

2.71

8%c

53

1.15

(U

14

3.90

38c

25c

53

90c

Co

Canada

Jan

2.05

35c

53

,

%Jan

9c

6,700

10c

1.10

Motor

1958

Consolidated Marbenor Mines
Consolidated Marcus Gold Ltd..

9%C 10%c

1

2.65 Mar

26c

8,000

25

Jan

2.15 May

80c

—

25

11%

5%c May

3.80

36%c

53%

43%

Gran due

97,627

53

43%

Feb

15%

27%

25

35c

A

6%c Jan

500

25
25

65

43%

Geiieral

Feb

3.15

25 %c

1

Consolidated Halliwell

33c

29
65

65

-■

*

class

2,700

1,667

Jan

29

65

65

9,100

Apr

14,300

Jun

25c

35c

16C

May
Jap

1.78

33c

Mines——

Jan

13%

•
—

12%

89c

40c 43 %c

27c

2.00 May

*

22c

10c

1.35

3,635

1

2,000

6%c

2,900

2.01

34c

—

Apr

14c

3,500

1.50

1.78

93,800

—

Mar

6%c

2.70

16c

9%c

1.43

1.53

Candy

75c

325

3.go

8c

8%e

1

40c

5,000

1

.

Jan

1.44

1

Jan

9%

I

Warrants
—
ConsolidatfSl Discovery 7
Consolidated Dragon Oil
Consolidated East Crest
Consolidated Fcnimore Mines

Mar

16c

2.00

1.40

—

Jail

6%c

15%

Jun

.

46c

9%c

1.45

—

27c

10c 10 %c

1

—

May

i5c

May
1.30 Apr

1

—

26c

9%c

13,000

*

—

50c

9%

..

1.66

1

COO

6%c

lie-

1.52

common

3,025

9%

1

1.54

-IIIIIl

Goodyear Tire Canada common
4% preferred
Gordon Mackay class A
Grandroy Mines

6%6

.*
...

8%c

II,Il20

Jan

lOMic

•

Flin_/

Cadillac..

20c

8c

#

——

10%

*

,,

Consolidated .Central

833

1

Bakeries

Consolidated Bcllckeno

Jan

8c

18c

57c

'

...»

17c

19c

55c

General

Jan

1,500

i2c

11,000
10,500

Jun

45

X

5%>

16% Mar

lie

14 %c 14%c

45 i/t-—

Mar

132

a

Jun

Jan

8%c

.,,k

Jun

10c

40

40

Feb

18-% July
12

Geco

Jan

3.15

....

National

1.65

57c

I4%c

128%

14,000

45

55,c

Gatineau

Mar

3.50

—

30

10c 10 %c

—1

Fraser

Mar

16 %c

1

Copper
Yellowknife Mines

Combined

18,300

2.95

1

Combined

7.172

22c

'

57c

1

128 % 128%

10c

Mining

French

Apr

3.50

Mines

Coldstream

52iv

21c
80c

Equipment..—

128%

92%

Jan

Jan

Jan

53c

2.95

...

9%

14

8%cMar
•

„_*

——

575

1

Frobishcr

———75c

Willans-.

5,669
14,889

10%

*
1

Ltd—————

Francoeur

1.G3 Mar

.

22% Jan

1

;

Foundation

Jan

1.40

...

18% May
65% Jun

70%

,

A.

Uranium

Ford 'of

Jan

7.40

1.30

1.30

101% Jan

18%

45

Mar

Jun

17

Mining

Ford

12% Mar

6.60

—
Mill..

.

18',

9.30 July
49

Jan'

97

10%

I'leetManiiiaeturiiig-^———

Jan

1.00

1.35

Jan

41%

65%

;

Federal Grain

Jan

15c

May
9.40 May

1.39

•

19%

Fatima

Jan

50c

7.25

Knitting- class A/»—J—

Copper-Man

915

19%

Farwest

Apr

1.07

Jan

38C

lie 13 %c

*

Chromium Mining & Smelting.——...*

B

20

11% July
15%-May

Jun

8.50

a

Co

Farmer

Fargo Oils

Feb

26c

May

Mines:

Mines

Clark

25

6%C

Jan

1.10

...

10%'

1

Class

4,380

97

Jan
Jun

20

100

—-

Mines

Faraday

19%-

36 c

Chibougamau Mining & Smelting—...1

Copp

48%

97

Jan

400
2.779

58

......1

Consumers Gas

47%

7% Feb

8.90

'

10%

——

—

Famous

Jun

18% Mar

——1

....

...

Mines

Consolidated

150

*

Falconbridgc Nickel _■
Players Canadian

9%c Jan
185

Jim

1.47

12 c

7 »

;

——

Consolidated Mic

1,872

9.30

1.

Eureka Corp
———
Explorers Alliance

15% May

Jun

16c

———..Gc

7 ■

Consolidated

13

9.00

13%

24% Mar

5%

2,225

12%

30'/- May
31% Mar

11% Mar

100

—

Beta

10',L-

Jun

11%

no

1,350

Apr

6% July

1,795

6%
11%

48%.»

*

—

El
Sol
Mining Ltd.—
Equitable Life Insurance

Gas—

Oil

Consolidated

23%

_•

Mines

Fruehauf Trailer

Consolidated

9.85

23

6%

9.30 r

•'

•

common

Mines

Eldricli

Jan

37c

2,500

175

Jun

17c

444

6c

1!)

7

Flder

Jun

12

26% Apr

-4,730

Cc

185

——.20

—

Consolidated

9.60

6%
11%
13

—

Mines

class

Paper

Common

20% Feb

40c

u.;.;,;,,
j
1.52
Explor a tions77—.771777771 7/ 30%c

Coniagns

9.70

Gold

Sulliviui

Jan

1,258
11,500

18c

*

East

1.85

16%
48c

East Amphi

——East Malartic

14%

10%
18c

Asbestos Corp Ltd.—»
Athabuska
—~*

Conduits

21% May

23 '.4

Ltd

Petroleum

Jun

10%

■

6c

Jun

Jun

„

1.17

7%. Mar

u—

Natural

23c.
10

1,725

45c

Oil ———————17

Warrants'

5.00

7,615

10c

Commonwealth

Apr

May

19%

18 c

Captain Mines "Ltd..—

Colomac

15%

Jan

35"

llTh

•

—1—

Dynamic

2.90

Apr

Jun

1

.

....

.

Exploration

Gold

2,140

—1

Co

11

1.16

Farm

18%

Minerals,

Jun

14,450

20

Lake

18

—

11% May

Apr
Feb

;-2.50 Mar

j,}

1,575

1.80

Cocly Rcco

18%

^

:_u——

Copper

7

;

3,564

20

Coin

Jan

Mines

Oils

17

1.25

1.75

Cockshutt

Feb

34%

Brewery

Duvex

11%

*

—

7%
2.05

25

common

Duvan

5

10%

5.75

•

.....

25

1.20

20

Bar

1.62

Jan

54c

1

&

Tar

11% May

100

10%

1.75

Cochenour

Jun

22%

•

'

■

1.23

...

May
6% Mar

11,150

10 5 it

fit

1

30c

600

2.20

32%

33c 37 %C

37c

10c
_

Willistoiv.

Circle

1.02

2,805

*J_—

Dominion

Jan

2.10'

Jan

1,800
6,363

common

Jan

2.20

74c

Jun

57c

69'

Coal

G.05

34c

—20c
Oils

preferred—..—

Gold

Apr

57c

-

—

4.10

17

....

Chiino

Mar

19c

1.14

•

May

8%

Corp common—
Canadian Vickers—

Cop

25c

Jun

32%

com

new

4.50

13%

Ka.vrand

Jun

10%C

1.10

25

2.90 Mar

28

Chib

15c

3,500

32%

A,

W—L—

,

4,870

13%

Mine's

7.700

12c

1.10

Coal preferred
Dom Dairies common

4,175

27%

Jaciilet

16c 17%c

10%c

,,

;—2.50

—

Dominion Bridge,

10,205

28

Ciicslcrville

22c

32 3 i

Dominion

16% May

Feb

82c

13%

Cheskirk

20c

22c

•

4.75

1

Chiboug

Jan

17 %c

Dominion Steel 6c

25

Charter

34c

Jun

4.50,

common

Gold

Mar

Jun

8%

,10

Rio

74c

22c

Jan

preferred

Put

Jun

4,749

4.55

Corp.......

Del

Mdr

-30c

22c

2,850

17

Railway

Central

40c

12,200

22c

7%

Petrofina

Central

Jun

30c 32 %c

22c

Jan

Thorium

Cayzor

11,600 7~ 719c

30c

1

3.25

*

Canadian '.Tire'

Cassiar

Jan

1.57

Canadian

Met

18c

Jun

Canadian

'Can

Jun

Jail

8%

...

Mines

8%c

8 %

4.50

Canadian North-Tuca'.
Canadian Northwest Miucs

Erin

7,500

1.08

4.50

Canadian Industries common
Canadian M ilartie Gold

Can

10c

6,445

32%

Canadian Hydrocarbon

Candore

9C

4,100

32%

.....

Canadian

Jan

9c

113

common...*

Oil

Western

23%

2

80c

i...——

Western

Jun

1.20

common....*

Products

Canadian High wiresfc
Canadian Homestead

5Me ft'

19c

%

,

,25c

3.15

*

—

A

Canadian

Jan

13

Oils

11

IIIIIIl

Canadian General Securities class A-

Canadian

May

7,000
5,200

Warrants/.——,.*—-,—,—-———-,
Dominion Foundry & Steel common
*
Preferred —
100

11

Canadian Pacific

Jun

11c

14c

Seagrams—-.

201-j

Export Gas & Oil—16%

Cos

May

34-

17%

14c

.——1

4.50

Warrants

Gil

13c

Jan

13%

6%

82C

♦

...

Canadian Fairbanks

Canadian

Jan

Apr

26'

1,000

1

ilines

4.70

—

Oil-

—

12c

8c

124

9c

13 %c

Mines————

Preferred

Warrants

Jan

1,000

31

17%

Mines

Donalda

Husky

8c

10c

31

"

——1
__1
1

3.20

—

Wright——,

& Dock.
Canadian D,yno Mines

Canadian

1

Dome Mines

Jun

7%

Devonian' Petroleum

Food

•

.

f

—10

12%

12%

Apr
Jun

2.60 Jan

_1

Palmer

Devon

Jan

*

Canadian Dredge

Class

9c

High
5.15

23

10c

•w—' .■'■

1.18

Cellulose—

Pete

Preferred

Canadian

3,135

•

—»
—

Gold

Distillers

18% May

31

—25

Chemical &

Canadian Chieftain

Canadian

1.87

•

17% May
1.75 Aur

*"

6.25

15%

31

—25

,i
...

Eagle

1.80

.

Jan

'

Explorers

15% Mar

Jun

7c

Daering

12% Mar

23%
17%

common

preferred$1% preferred

Canadian

450

1

——w—.

Dara'pwi Miiies
Bccour.sey Brcwis Mining

Jim

49

11% Jan

1,655
4,125

21%

_1

—„—,

Trust

Crowpat Minerals

5.00 May

6.30

A

SI

Canadian Curtis

40

21

3.00

1.25 May

39%

CO

21

-

Canadian

Collieries

150

Mar
Mar

2.85 Mar

700

8c

—

class

Canadian

47%

400

Jun

91

88

0,400

3.85

1.80

—%——!—.

—

Pershing

I

Low

3.80

1

Mines

15 Mi

;

Carmers

Canadian

Cusco

50c

10,556

12%

7.20

glass B warrants
lass A warrants
Canadian

Canadian

95c

4.95

13%

com.

Nest_

,57
55

47%

33 v:1

Crows

Feb

67% Feb

9c

common

Jan
Apr

51.

Jan

14

—

Crown

Feb

*

Commerce.—

Canadian Breweries

Croinor

Feb

49

12'1

II _1

Jan

1.05

58

47%

——

Crestaurum Mines

Feb

2.35

Range Since Jan. 1

High

'

-

Canada Warrants—.

76%

100

77c

of

Jun

Jun

105

4.50

Oil

Jun

1.45

55c

J,200

PL 50

class B—

Minerals

Cree

.37% Jan

67

25

Cable

6c

Canadian Astoria

Grain

Feb

30

Mines •
(EL) Ltd————'.——

Shares

Low

„1_50c

Craigmont

Jun

91

_

.—*

—

—

Wire

88c

z::i

Petroleum,
Steamship Lines common.

Canada Southern
Canada

Jun

67

3,445

55

Feb

30%

25

for Week

"

Par

High

Apr

27

1.700

56c

07

9017

Permanent

Canada

22%

230

1.46
,

53 hi

.—10

Safewav-Ltd prefermL—„ .100
Canada Southern
Oils warrants-

Canada

Low

Range
of Prices

Sale Price

Range Since Jan. 1

Sales

Week's

Last

Shares

High

Low

Par

Thursday

for Week

Range
of Prices

Sale l'riee

Canada

Sales

Week's

Thursday

77

Jun

47

Jan

1,797

30%

Jan

35 % Mar

3,306

14%

Jun

21

Jan

14%

2,693

1312

Jun

20%

Jan

41

100

39%

Apr

4.25

2,350

4.00

Jun

Co Ltd—

Class A

—

Class B

Howard Smith Paper

Hoyle Mining

*
.

common
,

14%

*

*

-

4.15

46

Feb

5.25 Mar

The Commercial and Financial Chronicle

Number 5861

Volume 190

(85)

CANADIAN MARKETS
RANGE FOR WEEK ENDED JULY 3
J

Thursday

Week's

Last

STOCKS

Par

Shares

Low

52%

1,556

51%

Jun

17%

17%

17%

2,001

15%

2,000

14c

1

14c

14ft

Par

Milton

Jun

63% Mar
21% Jan

Jun

20c

Min

Jan

—25

25

25

25

25

25

Mar

—20

55

54 Va

55 Va

596

49

Jan

55% July

—10

71 >4

70 V4

71%

1,658

G2

jan

80

6.25

G.05

G.25

5,055

Investment class A
Lile Assurance—_____
10
Oil
*
Imperial Tobacco of Canada ordinary_5
-6% ,prefaced
;
4.86%

10!b

10! L>

11

420

Hughes

Co

Owens

Mar

25

Molsons Brewery class A_.
Class, B

;

__

81 %

81

39%

39%

13 Vb

13

13%

5%

5%

230

Gc

Gc

1G,000

Accept Corp Ltd common—*

37

37%

1.005

50

44%

44%

100

Indian Lake

Industrial

6.00
30

Gol$

1-

6c

-1

$2+4

preferred —
5%"*Jc
preferred
•

——

50

,50

50

eoirimon

Gas

"Preferred

35

-—

-

4,238

1,435

50

135

12 %

34%
0%

Jan

92—Jan

Jun

46%

12%

Apr
5% Jan

5%c

4%

C%

5%

4,025

15

15

200

2.30

2.40

710

5%

Development—1

pfd—25
International Nickel Co common
*
International Petroleum
*

24 %

24 !<

95%

92! 2

Mining

International

&

Powders

Bronze

33

——

•International lean wick

Interprovincial
•Class

Irish Copper
Iron

0%

32

32%

1,035

——I

2.20

2.03

2.20

20,510

—-1

1.90

3.05

1.90

2,100

——1

50C

47c

50c

.20c

12c

12c

14c

6,000

2.35

—

6%

GVii

7% Mar
Apr

7%

27%

17%

17%

Jan

Car

17%

10

^

-

Nealon Mines
Nesbitt Labine

*

-

Uranium

New

Alger Mines

New

Athona

Mines

1

Continental Oil

Mines

Mining

Walte

.35c

Jaye Exploration
Jmferson lake
Joburke

—

—

(1939)

—1
•

27c

29c

3,700

20c

7%C

5,500

7c

May
May

35c

'

Class

B

-

Rights

.

Fob.
Jan

35c

Jun

73c

24 %C

24o

25 c

14.700

20c

Jan

36c

Apr

21 %C 21 %c

500

20c

May

38c

Mar

New

Dickenson

New

Goldvue

Mines

1

Mines

2.55

7!be

94c

79c

Jun

4.35 Mar

2.55

Jan

82c

Apr

New

Harricana

iNew Hosco
New

_1

Mines

0C

7c

17c

———-—

mil

Jowsey Mining Co Ltd

Jupiter Oils

—

2.80

Apr

11%

Apr

11%
69c

Apr

10c

-Jan

Apr

May

110,037

5c

Jun

3,700

2Gc

May

45c

Feb

17c 18 %c

1

—.—.—

Jun

2GC 26 %c

28,200

lGc

Jan

24%c

Apr

52c

May

72c

i

54c

54c

3,16G

2.25

2.30

-15C

Nor

40c

Warrants

2.35

2,000

9

1.380

Jan

1.95

5.00

5.10

9%

100

21%

20%

21» j,

8,500

8
18%

—1

8.45

3.40

3.50

4,200

2.35

Jail

21,575

40c

500

30c

,22c

142,100
61,544

10c

Jan

26c

May

6C

6(5

Jan

10c

May

1.00

1.00

2,000
> -200

6C

1.00

92c

Jun

1.40

60c

Gle

.17,417

51c

Jun

1.18 Mar

1.76

500

Jun

2.65 Mar

Kroy

Oils

Norsyncomaciue
Nortlieal

Oils

Lafarge Cement
Lake Cinch

Canadian

Oils

Goldcrest

-Lakeland

Gas

Ltd

9c

May

62c

Jan

08c

Mar

2.17

Jun

53c

GOc

20,335

48c

Jun

86c

Jan

50c

53c

0,100

43c

Jim

95c

pan

Rankin

Lake Shore

Class

Class"

28%

2,665

25%

31 % Mar

Northern

Telephone

1.14

1.14

1.18

91c

91c

1

2.30

Lfeitch Gold

B
preferred
preferred

class

Class B

Loeb

3,25

9c

Jan

11 %c

Jan

Jan

34c

Jan

5.80 May
38c
Jun

4.45

1,000
120

2.15

Jun

2.60

May

20

35

23%

Jun

28%

Jan

1

1.44

10%C

26c

Jan

1.95

1.44

4.GOO

aC

10%c

1,090

4c

4c

1,000

1.95

10

4t-77:5

29

29'a

19))

28%

Apr

31

30%

1,425

32

1.37

10!

1.3G

Jun

10%c Jun
3%c

Apr

L.95 July-

1.61 Mar
17c

Jan

6%c

Jan

Obaska

May

Ovchan

A]n'

55

25

55

Jun

58

Feb

Grenada Gold

32%

541

31

Jun

40%

Feb

•Class

32%

3,000

30% Jun

42

42 %

44%

755

42%

Jun

113 a

170

11

Jun

103 a

11

JiGO

5»%

5%

100

10% July
'4.80 Jan

May
17% Mai¬
ls

Jan

6

Mar

lGc

15c

lBc

32,300

6%c

Jan

26c

Mar

23c

23c

24c

13,400

22c

Jun

46c

Jan

11c

2,000

lie

7%c

7%C

7%c

7,500

7%c Jun

15c

15c

15c

7,500

12c

11c

10c

12C

10,300

May

7c

Jun

Jan

23c

Jan

ll%c

Feb

40c

Jan

19c

Mar

Malartic

3.10

Jun

12,090

25c

Jan

55c

Jan

10c 11 %c

35,800

7%c Jun

16c

Jan

l.n

1.11

1.12

I,825

44%

44%

35

14,212

35%

Jan

45% July

3.10

7,300

2.55

Jan

3.45 May

11c

9c

11c

90,940

27%

27%

27%

30

1.10

1.10

1.15

10,100

(;i:,c

G%c

7o

3,000

95c

1.00

1,550

•

j]qq
igY,

l

251;'C

common

Marigold

1

Oils

Mining Corp
-Martin-McNeely Mines
Massey-F'erguson Ltd common

l
1

preferred
convertible preferred
-Matachewan Consol

1.000

7,300

1.30

29,825

31c

33c

13,800

15%

15%

23,467

130

110

14c

13C

14c

79c

14

15

43

43

43 !b

15%

Jan

Jun

1.98

May

91c

May

2.50

Jan

47'c

May

L80

Jan

1.00

12

Feb

16 % May

210

35

May

44V4 May

15%

946

14 V4

4.00

2,362

3.00

May

5.00

1.50

1,980

1.25

Jun

1.85

Apr

13%

13

13%

5,420

12%

Jim

16%

Jan

3.35

3.25

3.35

2,500

3.05

Apr

4.00

Feb

15

15

Jun

17

Jan

Jun

18

May

35

75%

Apr

80

May

13!bc

Jan

30c

Mar

100

77

77

18c

16c

19c

1.45

1.45

100

15c :16 Vbc

1.500

'

Feb

■

12,000

77
.

15c

15

1.35

15c

10c

10%C

3,000

Feb

2.00 May

80c

84c

2,620

lc

38,825

16%

16%

23c

Jan

15c

Jan

1.07 May

G6c

'be

May

7c

83e

16%

12%c 12 %C

—1

%c

Jun

200

14%

Jan

1,100

11 %c

Jun

71c

Jun

75c

71c

75c

10,705

5,230

8.00

Jun

8%

8

8%

1,300

3.35

Jan

82c

72c

90c

54,800

——<—_—

1

Gc

8c

8!be

2,500

1

42c

40c

42c

—

2,380

14

.13%

14%

33,181

1

—.—.—

1

Petroleums

Pacific

Warrants

i..

.

——

•
*

Page Hershey Tubes

Porcaipine

Pam our

i—

3c

Jan

Apr
May
Feb

18

17%c Apr
1.35

Jan

12% Mar
9%

Jun

1.34

Jun

72c

Jun

8c

July

13c

Mar

Jun

65c

Mar

30%c

Pater Uranium

.—_—

Canada

of

Warrants
Pa to

—

Con-sol Gold

-

Jan

17c

Jun

20c

Feb

1

—

Mar

15

950

13

13

13

25

89%

91

870

34c

1,059

5C

Jun

18%

Jan

Jun

12%

Jun

36% Mar

59c

Jan

79c

8.00

Jun

May

5c

2,000

5c

Apr

7%c Jan

30c

30c

31c

2,200

30c

Jun

65c

4.30

3.90

4.30

760

3.90

Jun

5.30

1.25

1.25

3.860

1.10

Jun

2.15

Feb

3.90

4.15

5,505

Apr

18!bc

19c

8,450

•

4.15

Feb

5.00

Feb

3.15
18c

25c

Feb
Jan

Apr

18c

9

18c

1,000

lGc

May

22c

Feb

21c

22c

1,600

3 8c

May

36c

9

9%

4,500

9

Jan

11%

Apr
Jan

1.80

Jan

1.10

1.30

13,810

92c

Jun

21! be

22c

3,000

2l!bc

Jun

,1.35

1.48

3,500

1.25

Jun

1.75 Mar

Petrol Oil <fc Gas

*

1.76

1.71

1.80

30,310

1.50 Mar

2.78 Mar

Phillips Oil Co Ltd

1

1.00

97c

1.00

3,050

1.10

1.05

1.13

3,016

1

7 VbC

7C

7 Vbc

22,000

1.35

1.30

1.35

2*2,300

Pickle

—

Mines—

—

Crow

,_1—

Mines,

Gold

Pitch Ore Uranium
Place Oil & Gas
Placer

—

95c

Jun

20c

1.G4

Powell

Feb

Jan

Feb

Power

4%
12c
1.00

Jan

Feb

6

Jun

Jun

28c

Jan

Apr

1.78 Mar

President
Pronto

Ore

Uranium

-25c

Jun

4ae

25c

Jun

4lc

-Mentor Expl & Dev
Merrill Island Mining:

50c

"i5c

13!be Jun

l

j 20

41%

3,801

85% Jun

125

61% Jan

89c

43 V4
70

Jan
Feb

May

Feb
Mar

(53 %

63 Va

03%

2.68

2.68

2.70

200

4.55

Apr

4.30

4.15

4.30

2,725

4.05

Jun

7%

Jun

20c

5%

5

5%

1,525

4%

Jan

7%

Feb

1.65

1.75

3,700

1.55

Jan

2.80 Mar

6.75

5.75

7.50

5,530

5.60

Jun

8.35 Mar

4.05

3.70

4.05

Juri.

5.00

I

-1

__1

7,925

2.68 July

3.70
73c

July

1.10

Jun

3:30

Jan
Jan

75c

3,300

2.65

2.90

22,575

1

6'bC

6! be

7c

16,000

Quebec Ascot Copper
Quebec Cliibougamau Gold
Quebec Copper Corp
Quebec Lithium Corp
Quebec Manitou Mines
Quebec Metallurgical

1
1
1
1
—1

40c

48c

28,166

37c

Jun

76c

Mar

37c

36c

41c

Jun

77c

Mai-

21c

23c

7,900
12,700

36c

22!bc

21c

Jun

47C

Mar

4.60

4.80

2,300

14!bc 14%C

—*

75c

Quebec Natural Gas:
Queenston Gold Mines

—1

17%

—1
*

30c

27c

11

10%

-1

12c

lie

Gas

*

Producers Ltd

:—.—

*

2.50

GVbc Jun

12c

Mtty

2.50 Mar

38%

Jun

Jan
Jan

Apr

3,000

10,395

67c

,73c

Provo

38,800

""2,000

73C

Purdex Minerals Ltd

28c

70c

1.65

—
—

Mines

Feb

2.80

67c

Airways

Jun

2Gc

70c

2.85

Prospectors

13

2.G5

31c

Electric—

95

'28c

12

Mar

East Dome—

Apr

2 75

Mar

20c

*

Praii^ Pipe Mfg——
Premium- Iron

Jun

•

10

5,600

_•

81%

1.25

2,015

20c

1

IIIi

13

Medallion Petroleums

l?b

20C

1

Corp

•Preston

1.80 May

11%

—-—

Prairie Oil Roy

22c

1.25 May
Mar

12c

38%

Island

Jun

Jun

Jan

20C

River

40c

12c

Jan

Gc

1.10 Mar

11%

Oils

Portgage

1.01

Hoc

Develop—

Ponder

16%

Feb

2,700

6Hc

12%

28%

1.40

Jan

May

lGc

68c

4,860

2,863

1.22

Jan

150

1.55

9.85

30! a

21! be

10!2

113

4.75

8.25

29%

2
1
1

Oil &

Peruvian

25 %c

2.05 Mar

Jun

15c

1
1
1.25

Gold Mines

Perron

Jan

Jan

1.50

GOC

—1

Consol.
PCE Exploration Ltd
—
Peerless Exploration
Pembina Pipeline common
Pernio Gas & Oil preferred

1.07

105

15c

90

11c

May

19%

42! be Mar

553

7,000

9.85
30 Va

1.25

—---.—-—.—-1
-1
2

Parbec Mines
Patiiio

Apr
Mar

1.40 Mar

30

.

1.55

•

8c

11c

106

1

4.75

May
Jim

129

4 7g

75c

Jan

109

'

G%c Jun

12%

50c

Red Lake

66c

14

32,435
19,710
1,140
1,385

May

Jun

1.25

20 %c

110

•

Mar

28%

Feb

1,325

_•

__k_

15c

Jan

8,000

9c

1.14

May

1.04

%C

100

-Maybrun Mlpes
;
•Mayfair Oil & Gas__
McBrine
(L)
preferred
•Mclntyre Porcupine
McKenzie

3jc

—100

Vf>%%

Ltd

j 30

1510

6c

21%

18%

22c 25

12c 12ri>c
/

•

convertible

18%
9c

•

-Maritime

Feb

45%

1

Leaf Milling
Maralgo Mines

Jan

3.00

1

Liar con Mines

1.47

44!2

39%

1

'Maple

Jun

May

43%

♦

Barvue

1.11
40

3.00

.

Uranium

Man east

f-Maxwell

5,325

33c

1
-

Jan

3.10

27c

Goldfields

Manitou

*4%'r

lie

2.G6

2.95

4419

1

Maher Shoe Ltd—

-

32c

1

Magnet Cons Mines

•

3.00

1

Lake..

52c

48

11'%

5%

*

_*

Red

Feb

78c

Jun

Feb

3034

44

_*

B

Jun

26c

3.55

—

Ormsby Mines

1

Madsen

Mar

1.80

48c

10 %c

Mines

29%

55

._*

A~—

Feb

4.60
36

6,000

.30

30

1

class

Jun

1.35

Crush

l

Cockshutt

Jim
Jun

1.20

15%

-90c

Orange

11c

Explorations

2.75

33

3.80

1

Metals

Rare

31

Macdonald
Macfie

Jan

1.40

Mines

Cement--

Ocean

Oka

a

Macassa Mines

Macmxllan Bloedel

1.47

Mines

Gold

Pay minder

MacLeod

Maf

Jun

14,060
.

1.29

1.39

Rights

32

—

Mines

Jan

22c
36c

%c

Lake

O'Brien

Feb

1

Mines

1.11

—. —•

Oils

_•

t

21c

—2-.48-Jai

11%
10%

Goklfield

61c

27c

1.45

;— 100
1

pfd—

Mines:

Okalta

1

Warrants

Nudulama

30!

Ltd

Lyndhurst Mining Co
Lynx Yellowknife Gold

27c

14c

_•

Gas

-

Utilities

a

32%

I

53c

1.28

—

Mines

29!

50

Lorado Uranium Mines

40

1,519

30c

Jun

34c

:

—

Jun

9%c May

Jun

2.15

:

Louvicourt

925

2.50 Mar

22c

2,775 '

1.45

Norvalie

34c

-•

Hosiery class A—
Long Island Petroleums

-

5.5G

3.15
33

15

Northwestern

1.50 Mar

30
*

_1
—

A warrants-

(M)

5.50

2.35

1.30

Feb

1.47 Mar

2.15

*~

-

A—

.London
-

3,000

11%
-

30

Preferred
Class

4,750

tile

Jun

Jan

25-4

1

Little Long Lac GokLLLL
Loblaw Groceterias class A pfd

Cos

5.50

__1

Mines,.

2nd

3,275

10c

26c

1

Mines

'Class

2.85

9%e

8% May
1.00

GOc

28,825

'

1
;1

—__——

Gold

Gold

-Loblaw

2.75

300

2,600

10c

.

Lencourt

.

500

c

3

-•Lexindin

15c

4.50 Mar

120

Natural

27'%
9! a

—

Jan

-I*
II*

:
—

28%

92

1,500

lGc

GOc

•

Mines

•
-19

9%

14,600

10c

14e

33

—

—

Canada
Ontario

Candy

3.15

Mar

■

1.80

•

A

Northern

Jan

33

Iso

Mar

_1

Oil

Laura Secord

Mar

1

Preferred

30

Mining—

Landa

-

43e

16c

warrants

A

27% Mar

Mines

Lake Wasa

-

Feb

10c

——

2.95

North Star Oil common

1,020

—-

Mar

31c

.„1

30

Mines—

_

58

15c

—•"T"~

.25c

common

Norths-pan Uranium

5,500

j—

—

-Lake Lingman Gold
Lake Osu Mines

Apr

:4.465

14c

Mines

r—.—.—1

~

30c

50

3.55

—

28

A

Jan

3.25

-50

North

—1800

Mines

Jun

15c

3.50

Warrants

1

class

Mines

-Lake "Dufault

Vbc Feb

5!bc

36,650

-

29

Labrador Mining & Exploration—

.

8

Jan

t.000

35c

._1

Mining

Ltd

Jun

4.10

58C

■

2.71 May

1,000

34c

._>1

1.79

—:~*

Ltd.

1.73

Mar

55c

3,886

34c

II

Nickel

Jan

17c

*

Corp

1957 warrants

(John)

6c

1.18

C2:ib

17c

50 ?b

1

Northern

Labatt

6c

GC

52%

.__1

1

Ltd-

1.70

-1

Mines

|

57 c..

North

5Gc

-

.

Mar

23c

Northgute Exploration Ltd

20c

Minerals

41c

-1

Gold

Jun

1.71

_

Apr

Jan

27 %c Apr

1.78

Apr

12%
21

57c

warrants———

Kirkland

,

1:79

Warrants

Jun

40c

Apr
Apr

7.20

Apr
Apr

•

Class C

11%

4.GO Mar

700

9%

Copper

Jun

3.00 Mar

8% Mar

1

Cknada—

of

Kerr-Addison Gold

-Kilembe

8%

——

•Kelvinator

6%C

18c

_1

Preferred
9

—

13,500

28c

1.53 Mar
12c

...1

Smelting

Nonnetal Mining

Norpux

Jun

1.48

1.55

Noranda Mines
Norlartic

Jun

7c

23c

-1

Mines

Acme

May

;_1

New

New

North

Kelly/Douglas class A

Jan

10e
72c

Feb

——

Mines

37c

15c

1,000

25c

-1

5,050

Apr

2,000

12c 13 Vac

Nisto

57c

11 %c

64,900

13C

Jan

Jun

3.15

B% Jan

Apr

9c

27c

34c

250

7c

12c

II

Mines

Jun

10

Jan

1.05
•'*

9c

12c

20c

Jan

2.25

1,500

7%C

12c

_1

Mines

New Kelore

Ncwlund

_1

Mines

Jason

3,500

8%

2.G7 May

5,350

Feb

7% May
35

1.90 Jan

2.60

Jan

Jan

,_1

48c

49C

2.55

7! be

—

Jun

Nipissing Mines

125

Mar

3,800

Feb

9%

————

Joliet-Quebec Mines
Jonsmith

-

GOc

36c

21c

17,450

—10

preferred-,—.—

Warrants

13C

Mar

35c

Jun

2.50

Jun

12c

35c

Canada

12c

1031.

Jan

36c

•

42% Jan
41%c Jan

of

20,500

2.30

Jun

28c

20c

12c

Nickel Mining &

10%

56

%c Anr

43c

Jan

2.40

Jan

o

Jim

Jan

10%

,

-110

——-

—

12c

13c

—1

Mines

Gold

Feb

49

25

42,200

Apr

12%

12c

19

Jun

64c

12c

12c

Jan

56

1

Jun

16

7c

500

1.70

721

29c

Jun

700

May

30c

Jun

7,600

9

28

5,900

8

174,075

30c

Apr

14.699
3,200

Pete

55%

Anr

26%

12c

Davies

65c

Anr

15c

Mar

30c

27c

3.15

28c

Mar

18%

8c

39C

Manitoba Mining & Smelling
Mylamaque Explorations
Rouyn Merger
;
New Senator Rouyn
New Superior Oils
Y

8%>

1

Jockey Club Ltd common:
'Preferred

29C

L——.

>

__

Jellicoe Mines

2.70

1

jacobus

39c

Feb

14%

9c

Delhi Mines

Mar

Jun

16c

30c

New

12%

2,000

9c

New

10c

Jun

16c

36c

July

Jun

Jan

1.04

61c

30c

96

Jun

Apr

May

1

i.

Jan

1.G0

Jun

1.25

20o

New

43c

47c

42c.. May

13C

1

Apr

Jun

40

7c

A.

1

Feb

1.90

Jun

56

18

Apr

20 % May

15c

•

70c

5%

Jan

37

...

Jan

17%

25

Apr

21% Jan

21,300
4,000

27%

.___20

Jun

Jan

„

May

Jan

80C

675

Calumet

Jun

49c_.

42

40

8,500

New Bristol Oils

Jun

55C

17c

New

Jack

50c

9%c

New

48 % Mar

14,500

10,435

16%

Apr

"9% Jan

1,025

82 %

39

9c

3.25

10c

3,390

37%

16

16% Mar

23c

97

52

365

17c

Jun

32

260

5

Mines-

Iso' Cranium"

12

•
25C

.

A

Mines—i.„:

-Bay

11%
50%

6,260

9C

83

302

330

95c

18%

47c

14Tb

29,250

51 Vb

__

•

33
25c

41%

18

51c

40c

9,845

17%c 17%c

—

Interprovincial Pipe Line
Interprovincial Steel
Investors syndicate class

-

90

23c

12

com--...*

Credits

Bldg

warrants—_

B

10

Jim

16%

Feb

2.25

7,300

%"

32%

24>bC

--1

Ltd

45c.
24

Jun

21%

Jun

15

Jan

/

7%

Jan

42 Vbc

Inspiration

53

Jan

17%

Jun

28%

•

Trust

3,118

29

Jan

5

National

2,255

Jan

22%

41

1

Steel

G%

45C

Mines-

National

20%

<.

Creek

May

53a

22%

73

National Drug & Chemical common
National

203a

15

—~————•—-0
—

Nam a

Explorations Ltd
Grocers preferred

%

15

Feb

32G

National

Apr

Jun

27c

Feb
Mar

45

Jim

Jun

90c

—-1

Jan

6%

29

28%

12c

41

-Hi

39%

11

28%

Jan

16% Mar

90c

•

Minerals

35% Jun
43% May
49% Jan

125

5,728

3.75

Jan

38%

Jan

0

13c

Jan

13%

18Tb

1

Works

9%c

5%

_1

40
.

Locomotive

Corp common
Wright Iron

Multi

13c

28%

Moore
Mt

765

Jan

14%
6

i

Porcupine

Jun

!

Warrants

May

Jan

38!2

20 La

•;

7il5 May

12%

77%

3,975

6%

14

Ingersoll Machine class A
.—*
.Inglis GJohn ) & Co__—
Inland Cement Co preferred——___10
Inland Natural

81%
40%

Jun

14 %

28%

•

14%

2.85

1,595

I*

High

Low

3.25

13c

Hi

Mines

Montreal

Range Since Jan. .1.

High

3.15

14%

Preferred

May

Shares

3.20

Mining Corp [4
Ore

for Week

Low

•

Brick

Mdneta

Bank ——Y_:

Imperial
Rights
Imperial
Imperial
Imperial

Range
of Prices

Sale Price

High

51%

Sales

Week's

Last

Range Since Jan. 1

52

•

Oil—
Hugh Pam Porctipii

|or Week

Low ' High

,

•

Bay

Thursday

Range
of Prices

Sale Price

Hudson

Sales

McWatters

Gold

1

Mines

*

Meta

Uranium

•Mexican

•Midcon

Light

Mines

&

Power

Mill

City

1,000

II.900

10,800

14

For foofnoTen

see

Jan

1.90 Mar

8c

Jun

12 %c Mar

Jan

G4c

G8c

2G.OOO

64c

July

71 c

4 71c

72c

1,800

G8c

Mar

1.G5

16
98c

Apr
Apr

1.00

Apr

1.90

Anr

page

42.

1.55

1.50

8,611

1.35

Jan

•

25 %c

25%C

2GC

4,500

25%c

Jun

49c

I

-

Uranium




Jan

25c

Jan

G7c

•

1.35

13%

14

1.00

X

Petroleums

Lake

14

%c

1.28

15c 15

1.20

*

Mining

Midwest Industries Gas

Milliken

30c

8%C 10!aC

1
common„__«

Oil

Midrim

33c

1.52

1.45

1.58

17,600

1.31

Jun

2.90 Jan

Feb

Quemont
Quonto

Mining

Petroleum

—

44c

72c

16%

75C

1,000
31,300

.1.7%

2.G20

31c
11

85,000
2,179

12c

11,625

4.10

Feb

14c

May

7.25 Mar
22c

Apr

71c

Jun

95c

Jan

16%

Jun

22%"

Jan

15c

Jan

33 %c

10% July

.15%

Mar

17c

Mar

8%c Jan

Jun

41

42

The Commercial and

(86>

CANADIAN
RANGE FOR WEEK

Thursday
Last

Range

Par

Radiore

Rainville

Low
1.20

22c

Jun

65c

1.75

2,000

Jun

2.28

Jan

16'i

305

10

for,Week
Shares

Low

31c

0,125

30c

May

75c

Jan

04c

42,500

46c

May

65c

Jun

0c

0c

1,000

6c

Jan

10c

Feb

'

"'.

500

37

3,215

29% May

37

30c

4,000

20c

1.07 Mar

May

50c

Corp

Fuel Inv class

class

Ltd

United Keno

Low

9c

500

9c

May

13c

Feb

25c

Jun

77c

Jan

United

125

17%

Jun

17%

Jun

United Steel

22%

20%

:

20%

150

Jun

United

1

14c

14c

15c

12,000

13c

May

24c

Jan

Upper Canada Mines

38c

30c

38c

12,000

35e

Jan

53c

8%c

8%C

0,910

14c

430

3,000
1,500

4.35

Jun

6,«0

Jan

1.52

820

1.40

Jun

2.02

Jan

21-

Jun

25 "

46

May

.

10%
95%

13'%

Jan

100

95%

90

85

1

8c

5c

8c

2,700

V

22^4

-47

47

4.15

,

4.25

Preferred

—

—

Consol

Mines----———

w

84 V«

Royal Bank of Canada
„
—10
Royalite Oil common
—*
*
Preferred
—---——25
Russell Industries———.—r—

7.35

20%

Jun

8%c Jun

85%
8.05

18%

5c

Telefilm

12%

12%

225

10%c 10%'C

1,000

12%

Jan

25

.,.

11%

Ltd

Lawrence

Cement

Lawrence

*

Corp common-

5%

Salada

—

9%c May.

12c

Waite

A

Class

Water & Power com

Sheep Creek
Sherritt

Silver

1.86 Jun

870

10% Jan

2.20

2.40

.1.16

1.30

35,835
16,200

2,25.

415

62c

6,400

56c

68c

Mar

2,200

lie

Jun

1.12

3,40.0

94c

Jan

51

120

42

Jan

1.29

1.20

1.29

7,443

45c

40c

49c

17,512

5.30

4.75

5,30

3,300

II_*

30%

30%

30?ii

2,300

29%

Jun

35

33%

33%

100

33

Jun

40%

40:,i

150

40

Jan

50

■■

46

'! •! /

■

•'/'

I-^

■

1

class

Manufacturing

900

80c

l*

500

11
11

36

4,455

82c

50

15c

12,000

50 %

50%

50%

71

73

150

23c

25c

37,300

"11

5%

Jan

90c

1,075

1

Spartan Air
Warrants

Services.

5%

—

a

M.70

„—-

Spoonev Mines
Stadacona

-

30c

^Oil8^_,

,

15 %C
57%

Paving & Materials
Stanlcigh Uranium Corp.—

■

57%

Jan

51
82

Jun

49c

7%;

Jun

1.30 Mar

15c

77c

74c

77c

5,720

50c

37c

33c

37c

4.080

25c

05c

67c

4,590

45c

May

1

60c

55c

60c

0,050

50c

Jun

Starratt Nickel

—1

—.-.

Ltd

15%

30

Jan

Jan

1.20

6%

2.00

Jan

11%
3.15

Jan

4.00

1,800

3.80

13,290

1.00

—74(T

15

July

17%

28

100

—{E20U
1,795

2.10

2.01

2.14

2,400

3.10

3.00

3.25

3,800

69c

63c

70c

14,000

*

74

73%

74

380

63

7%

7:!'o

1,110

6%

59c

52c-

59c

5,700

52c

Jup

99c

1,000

10%

Jun

13% May

4,350

6c

Jun

14c

32%
6 Vac

87c
10%

92c

Ltd

General

16,300

16%

50

27

Jan

70c

Jan

9

Jan

1.97

32
_

Apr

Apr
Jan
Jan

3.70 May
1.13 Apr

Jan

1.87
36c

2.48

8

Jan

-

Prairie

Pipeline

Oil

Gas




34% Jan

89

90

45

87

Jan

14%

Jan

104%

Jun

8%

77»

8%

2.10C

mill

1.50

1.20

1.54

23,010

16%

15c

17c

21,000

%c

100

2,858

18

17

5V;C

5

7

Jun

1.13
14c

5%c

Jun

Mar

28

225

24%

Jun

22

23

1 i«0

18%

Jan

1.51

1.49

1.51

675

1.28

Apr

•

i—kl.

14c

V

Mar

May

8% May
2.60

Jan

22c

Jan

19 V2c Feb

15c

27%

%•-;«

95

24% Apr
108

Jan

15c

28

22%

-I

Mar

Apr
44% May

ll%c Feb

»

.

2.25- Feb
19

44%

Jun

IIIII.5

;

1

Oil

6

Mines

class

G)

34c

40c

129,050

8c

8c

8c

3,000

%C

6%c

7c

7,500

97c

35c

-20c
...1

26

July

24%

/Apr

1.65 Feb

22c

Jun

ic

Mar

8c

Jun

4c

Jan

6%c July

10c

Feb

Jan

1.64

jan

Jun

2.00

Apr

1.11

Mines—™.

1.05

2.200

1.00

100

1.00

1,

1.18

1.60

lh

A...—*..

Metal

—2___.

1.08

18.000

68c

28c

31c

1
*

1.60

•

31c

32c

11,100

2.60

2.60

2.65

Jan

500

1.44 May

40c

Jun

3.10 May

Exchange

Shown

Arc Expressed

Curb Section

—

Week's
Range

Par

Bulolo

Corp

Gold

&

Canada
"Canada

,

r———U—2——

Dredging—-

Dominion
Cottons

Range Since Jan.J.

High

Low
5

,

—

41

Fob
Mar

714

6

Jun

27

May

3.70

Sugar

_*

20

•

•

;■

2-.

•

Investments

■

18%

*

38

18%

1914

:

34

18

38V*

915''

18

25

28

/

34

13%
:
38

■

/

/

•

7
46

29%

3.30

High

Jan.

Jan

*

_

preferred-—-.

Canadian General

37%

III5

Vinegars

Canadian

of Prices
Low

Anglo Canadian Pulp PaperAnglo Newfoundland Develop
——5

Asbestos

Canadian Dollars

in

Corp

'.A

Canadian Marconi
Consolidated Paper

s

7
CM

<___„—.

Dal'iousic

Oil^—

Jan

12% Feb

19 Va

Apr

International

1.10

1.17

Jan

1.48

Jun

60

61%

2,984

51

Jan

63%

Jan

7Ve

Jun

36% Feb
4.85

Apr

Jun %

27%

Jan

Jan

35

Jan

18%

Jun

32%. Jun

725

38%

Jun

9%

171

7../

6%

42%

41%

800

5

Jun

8

37% May

3,205

Jan

45

Mar
■

'Feb

I,430

13

Jun

16

53

175

41%

Jan

53

Jim

,♦

5

16C

25%

a

/

85

11.7.50

Utilities

16c

16c

27

...

116

5

31%

6

116

106
1.830

260

13c

160

2,585

32

115/

148%

6,515

86
28

150

.

/

311V

May

25g

Feb

85

Jun

92

19%

Jan

28% Apr

110

May

27% Mar

121

Apr
Mar

32% -Jun

Jun,

52

*

Jun

14Va

-

25,200

22 %c

24>4

24 %

145

23

Jun

58%

58 Va

58%

40

56

^.Jan

8c

8c

8c

5.000

8c

36%
35

May

31

Feb

59% May
14c

Jan

Jun

44%

Jan

Jun

/ Loblaw' Inc

Minnesota

Oreille

1,707

37

37

37

100

5,00

5.00

5.00

<-255

69c

80c

3,700

1

25%

251/4

26

II,505

Mar

30%

Jan

•

14

13%

14

7,825

10% Mar

.45%

»

16c

Apr

15c

a

19c

5,000

loo

29c

Feb

29

Feb

*

Jun

Jun

8%
1.30

18%

25

4.50

4.35

4.55

8,885

4.00

35C

35C

2,500

30 %c

Feb

60c

Mar

18c

19c

2,000

16c

Jun

60c

Mar

5V4

5%

825

lie
5%

'4%

Jun

Feb

Jan

Yukon

Jan

18%

17

Paper———2.50

33

Jan

167

Apr

31%

Jun

50

265

40

Feb

50

2.75

500

*

43

425

41%

Apr
Jun

50

Jan

i

—

115

_•

^1

common

Mines—1

—4
Cons Gold

138

Corp

95c

51.575

00c

Feb

99c

Jun

—

2.00

36% Mar
2.95

Jun
Jun

Jan

18%

1
1

4% Jan
60c

Ontario

Bros

38%

25

&

145

4,3% Jan

Price

38%

1

:-L—kJ—

Flour'

Ogilvie
Pend

38%

_•

Tribag ISIining Co Ltd
Trinity Chibougamau

2,466

Jun

75

Zinc—

National

•
;

39 Va-

16%

1,145

A—

1.96

13%

2

Pipe Line
Transcontinental Resources

<H

Andian

•

Transmountain

3414 Jan

18
"

——1

Jim

35c

1.17

1

Trans Canada Explorations LtdTrans Canada Pipeline

1.40 Jun

200

1,136

106

Electric

c-*

warrants

——.

%

Dominion Glass common—-I—
Dupont Co of Canada (1956)_
International Paper

Apr

14%

hi

B

Jan

Jun

60 Va

—20

A_,

4 40

74% May

Jan

Feb

*

Terouto Iron Works class
Toronto Star preferred
Towagmac Exploration
Traders Finance class A

Jan

Jun

17%

Last

20 U July

*

Trusts--

11

2.75

-

May

Jun

39%

Thursday

Mar

89c

_10

Bank

Jan

34

7%

39

Sale Price

Feb

79c

87c

.31% May)

1

—:

Bear

Apr

20%

6'%c

Apr
Jan

9c

37

90
■

•

Prices

5% Mar
1.25

19%

11%

5,850

1.51

V?I

39%

Toronto Stock

Jun

20 Va

12

1.60

1.09

15%

105%

Yukon—

Knitting

:Young-

Jun

6.25

Jan

10%

Yellowknife
York

Mar

17

Feb

1.17

5%c

1,150

Jun

Jan

May

6c
13

17%

I—100

2.85 Mar

27c

Feb

15%

1

3,10

.

1.60

May

•

common—

3.00

39

Jun

2.10

Jan

15

1,050

325

*

II-I.I*

Jan

25c

Jun

16c
:

220

7%

70c

Jan

2.32 Feb

Jun

1.13

Tailors—_—T—

City

1,720

49

4.00

73c~

&

&

Jan

1

Elevators

Twin

G.10

1

Dominion

Triad

0.10

„

32%

7%

3.00

l

.

Mines

Jun

Jan

5

2,200

17

32%

III 100

Jan

12c

8,850

21c

15%

35%
102

1.14

*

10c

Mines

Trans

2.10

21c

250

Apr

93c

Jan

1

Toronto

1956

2.05

10%

5.000

7%

.■'———~

Canuck

July

25c

Toronto

Class

2.07

27%

Mines

Tombtll

Toronto

45

2,550

400

6c

13%

■

"

;

1:/:

Zenrnac

___•

Petroleums

Top

42

Jun

——1'

Tiara Mines

Tip

25

4.300

70c

6c

13%

Mar

1.30 Jun

22c - Apr
4.10 May/

28c

Jan

84%

Feb

4.00

Third Canadian Gen Inv—„—
Thompson Lundmark—
Thorncliffe Park
Tidal

49

-

9,900

5

:

'

Larder

Lead

Zenith

May

z

—1

ordinary—.

Mines—s

Canada

99 1

16%
0.10

Calgary

Texaco

•

—

Taylor Pearson common
Teck Hughes Gold
Temagarni

23%

.10

19c

82c

Jan

11%

2,375

5%

7,1/b

6C

Feb

43 % Mar

13,805

1.74

common-——

Taurcauis

Texas

—1

BreweriesJ-.

11c

3.50 Apr
Jun

Jan

7%c

13

1.50

2.00

Jan

68%

99%

18 %c

82c

1.66

70 c

preferred

Mines

Jan

66c

5%c Jun

30%

5%
19c
1.55

—1
common-——

Supertest Petroleum
Switson Industries
Sylvanite- Gold

Tamblyn

—1

.1-1

75c

7oe
1.57

_1
—

•

Pass

Feb

1.40
,

29

49

18c

Jun

Jun

11%

99%

._10
—

Explor

Warrants

13

30%

.100

1,000

13,800

2.50 Feb
8.40 Mar,
27% Jun

Jan

36 V4

415

9,798

-20

Sullivan Cons Mines—

Sunburst

0,000

39

84%

1

Gas——

Superiur Propane

0%C

37

78%

—1

/

.

Oil

5%c

39

Steep Rock Iron—
Steinberg class A—
Preference
Sterling Trtists
Stovel Press preferred
Sturgeon River Gold
Submarine

5%e_

850

18c

76c

1

84%

17c
3.80

18c

13%

1—
,

Apr

6.10 Jun

32% Mar

16c

1.60

Gas-——

Mines

1,100

3.60

3.60
.

♦

;

&

16 %c V

1
*

preferred

2nd

Yellorex

Jan

19c

59%

May

06C

Steel of Canada—

Ltd——„„__*

Wright-Hargreaves

Jan

22c

May

1

Stedman Bros——

1.95

1,421
5,415.

Windfall

2.50 Jan

IOV2C May
47% Jan

III!

—

Uranium Mines

6.50

Wood
(J) Indus class A
Woodward Stores Ltd class

Mar

Ltd—_
Stanwejl Oil & Gas,--_.—.——_

Warrants

Stanroek

2."65 Feb

May

4%

345

'Feb
-Mar

744 Feb,

Feb

Feb

20c

17,500

!v:

,2.35

•

Mar

21c

49

-1,100

58

1:35 Apr

35%

J—!

Winchester

May

63%

500

15%cl5%c
10 Vac
12c

lie

Mines————

Stand

1.70

12,1,65

35

B

Yankee
23c

2.'57

6.10

Oil

Canada

Class
;4%''r

Yale

—1

2.40,

2.20

Wiltsey Coghlaii

2.55 May

;

34

2.20

Products

Willroy

32% Mar

May

10c

10c

Jun

—

Malartic

White

Feb

38 Va Mar

Feb

Jan

6% Jan

6.50

Oil

Warrants

Feb

11 %

1.10 Mar

7c

25%

1,028

35%

Wa rrants

$6

Mav

12

Jan

26%

55

73

•
——.——

40c

.

Jan
Jan

65c

1,125

29%

V:

Jan

32

4,440

2.05

29%
11c

:

Jan

3.30fJay
1.42 May

1,700

2.43

,„1

Western Occulta Petroleum
Western Plywood Co class B
Weston (Geo) class A

1.84 Mar

Jan

18c

■

Feb

G5c

Mar

300

80c

15c

Illlio

5,000

2,00

2.00

29%

Slocan

36c

11%

Jan

3,120

.

*

Western Copper common

Jan

4.GO

Jun

Jan

88c

Jan

48

.

80c

Feb

43

3.05 May

11%

34%

35%

._■»

Southern Union Oils

Mar

61c

7c

6%

Knapp Canada Ltd
Petroleums
Ltd—

Western

May

7.30

Jan

95c

33 Vac

36c

—

Somerville Ltd preferred

Jan

2.60 Apr
12% Mar

6%

6%

1

-

1.30 Mar
80c

Jun

11%

—

Slater common

Southam

1,500

Petroleums

Westeel

1.58 May

63

45% Jan

•

15.673

36c

4.60

11%

11%
■

Roi—

1.21
3.25

36c

,—■

_•

A——

220

1.18

-

.

50c

Mines

46

3.05

'

3.10

1

—

Jan

?Mar

4^5

27%

7c

.27

*

common-———*

W)

Wa rrants
West

16%C Jan

May
May

__1

——.

Klines

&

Westburne

37% Mar

—: / ■

1.10

33c

A

—

West Canadian

Apr

50

50C

Mines

Dairies

Van

Mar

1.06

,

(G

&

Webb

11% Mar

60c

12c 12%c

1.30

27V4
.

Mines

Wespac

1.25. Jan
10% Mar

1.12

I4
Simpsons Ltd—„——————
Siseoe Mines Ltd——————_ I—Hi _
D

8.15

60c

Jan
Mar

12 Vac

Class B——-

K

2,965

8.00

12% May
7.60 May

""II-*
II—50

Gold

Silver Standard

S

85c

50c

Gordon——

.Miller

Silverwood

1,300

•

preferred—
preferred——

B

101

25

1.15

13%

;

„_„-l-

OlssF' A—

Class

97%

98%.

1.10

13%

50

———_—_

Jun

10,750

——1

Explorations Ltd-

class

Amulet

Wayne

Feb

19% Mar

1.15

-

Freehold

Shawinigan

17%

.

I6V4 May

1

_a————

Metal

Security

98%

15% May

,

8.15

——.—

Petroleum

Satellite

200

10,210

^-1

Gold—,.—

29c

2.18

11%

♦

—

—

Wainwright Prod & Ref

Mar.

13%

1

Petroleums

Debentures
Sarcee

16

18%

—_————■—

River

Sapphire

16

18%

98 %

«

common-

Antonio Gold

Sand

16

—1

Gas

3,150

2.05

11%

53

Jun

Walker

18%

.

I —1

—100

Shirriff Horsey

Warrants
San

class A

preferred

St Maurice

3.95 Apr

Jan

Jan

14

Mar

9

Consol

Mfg

Vioiamac

Feb

23%

Jun

*0*

St

Jun

2.10

Ventures'Ltd

Viceroy

Jun

88Vu

Jan

7.65 Jun

18%

Vancloo

Feb

14%C

Jun

75%

175

3,304

.

100

95% May

807,

7.80

Mar

9

12,392

18%

Ryanor Mining

St

28c

400

'

Rowan

53% May

21c

535

•

31c 31%C

.

50% Mar

Jan

—*

,9c
10%'

July

Mar

—50c

18

11%

♦

:

Jan

23c

22%

.1

—

Jan

May

15%

'

13

5.10

47

preferred—25

Corp

.—1

—-—

Rocky Petroleum Ltd
Roe (A V) Can Ltd—

High
24c

Jan

51%

1.40

Oilsm*.—-k--_—52---♦

5,700

,

May

10%

22c

•

._1

United New Fortune

3,100

40

5.00

•

^

23c t;.

4.25

31c

21

.18;

lie

2,008

% IO7B ::IO7.-(*

5.00.:

B—

B

13c

.18%' 17%
51%
5l%

Hill

17%

9c

Roche Mines-^-j--—

Rockwin Mines

Range Since Jan. JP-

High

13c

10%

1

-

trust

United

Feb

28c

31c

-—

United

July

17%

1

—•
—20

13c

—

United Asbestos United Canso voting

1.49^ Jun

1.20

•32

27c

Shawkcy

__-_,„1
Union Acceptance 2nd preferred
c
Union Gas of Canada common.—*
Glass A preferred
^
50
Union Mining Corp
:
1

Jun

30c

1.20

preferred
preferred--—-—
4

Ultra

Mar

00c

27c

$2

Mfg

10

1.55

30T'ti

——

Uranium——

Athabasca

$6

500

Mines—I——^—

Rupununl

Rix

Robertson

22c

0c

———-

—

Par

1.81 Mar

15%

-

Chemical

Rexspar Uranium

Jan

30c

—-

Reeves Macdonald

Rio

10

44c

1.70

1.70

-

Reichhold

High

101,300

02c.

Mining
Explorations——

Reef

Low

1.29

22c

Ranger Oil
——————
Rapid Grip & Batten
Rayroek Mines,——
Realm

High

Sales

Range
of Prices

Sale Price

1.07

Ltd

Mines

Week's

Last

Range Since Jan. 1

'

1

Mines———

Uranium

'

Thursday

Shares

Monday, July 6, 1959

.

ENDED JULY fi

for Week

of Prices

Sale Price

,

.

MARKETS

Sales

Week's

Financial Chronicle

8.75

Feb

Feb

FOOTNOTES FOR OUT-OF-TOWN AND CANADIAN
MARKETS
No

par

value.

Odd lot sale
'

range).

d Deferred delivery sale
In

:

(not Included in year's
%
:

...

I

Ex-liquidating dividend.

wi When Issued,
x

f Flat price.

rCash sale (not included In year's

t

wd When delivered.

(not included

year's range).

eSelling ex-interest.

.

/Un) Admitted to unlisted trading
privllegM.

Ex-dividend,

y Ex-rights,

r'ange).

z

Ex-stock di vidend

.

Volume

190

Number 5861

.

.

The Commercial and

.

Financial Chronicle

<87)

NATIONAL LIST OF OVER-THE-COUNTER
SECURITIES
'

43

'

■

"

■

■■

.

.

:

1

■

,

,

Quotations

for

Thursday,

July

i'

%

'

i

Tbe

following bid and asked quotations are obtained from the
National Association of Securities
not represent actual transactions.
Dealers, Inc., and other selected sources.
They are intended as a guide to the
They do
range within which these
or bought
securities could have been sold (indicated
(indicated by the "asked") at the time of compilation.
by the "bid")
Origin of any quotation furnished on
request. The
.

which have

Far

Air

Corpl:

v

Bid

1

,

Ask

Products Inc.—

Americas

Box

9%.

:tl.

Board

Co—

,63%

:_1

-Corp.—
-,.___5
Amer Coinracrcial
Barge Line—5
A.merieatt Express Co_:
10

25%

Amer Gemes..!

American

'Greetings

CI

"A"

-

1

M

A
t

/

Arden

46%

36%

39.

20

57.1a

Co class
Houston Corp

40 "4

Houston

Natural

2 3s

Houston

Oil

38.'.,

•Wc.si.crn, Cbis Co^^.5 V23V

Products : ru7r.____

von

Oil

—10

ft!Cbts? Co__.

———10

t:ories__-i-~---

Belt

&

(A

Ji

Markets

1

70

_____.L;

14

17%

10%

l4>/4

16%
23%*

257:i

4.4

4814

el

u281«

%

5%
22%

31%

34 V8

15%

16%i

48

27%

32%

,347«'

62

Gas
Co

14:%

I33it

143«

_1

Prodi,

—

7%

7%

27%

29%

36

1

common—Jl

38%

24

Colorado Oil ft Cfas
Corp

Gas. Corn...
Connectieuf, tight ft Power Co

Freigih.wa,vs___.

26%-

1,
9%.

23%

17V4

'11%'
17%

v

28''2

153t

-

24"')S

26%.

•

__2.50

183«

10%

11%

35%

38%

5

79

8411

1

Co ' Inc__'_a

vtg

13®a
22

8%

1

10%

17%

15.

16%

.

com

28%

12%

Consolidated Rock ,1h'obr.cts.u.i6
/Conlinehtat rrjwisp Lines
In'c.l,.
Copeland • liairiiM'ralion
COCP--1,
Craig Systems Inc.___
1
Cross Cum puny
i_5
Cutter Lahnretorics

50%

20

~^25

Common wealth-

25%

47%

cotnls.3

preferredV

Luh.vtgv_2.-i__^.__l

panly WjH'h'P". Speciajliesi—S
; *8%"
Darling (VAt Co
:__i
VI" "13%

Dellit-'l:ayiof. <Vil: Corp

1

DfuiUsts* S ippiy. Co of N Y_'_2ya
Detroit & Ctuu«ia Tunnel
Corp 5
Detroit Harvester Co
1

2534

^.Dictaphone Corp

r________5

Brads!,reef Inc.-

Dunham

B ish

Darken-

Inc

..2

2%

29%

St

preference.

Eastern

Green

(A

Fire

Brick

35

37%

1

11%

12%.

41%

44%

5

19%

20%

I

12

12%

Co

21%




56%

60%

41%

•

5814

61%

9%

10%

Co— to

Pressed Steel

ia%

20%

38%

\

5

5%

Stouffer

Corp
:
Strong Cobb & Co Inc.—^
Struthers Wells Corp.
Stubnitz Greene Corp.

1.25

2914

5%

"

445«

-21%32

■

23%
' 34%:

16'4-

1734

9 %

Steel

Stores

Ludlow

Co

1

31

•

29%

31%

I

42 %

Electric Co—16
Prods Inc
I

51%

iy4

Mfg <fc Sales Co

Madison

Co

Gas

Maremont

&

Auto

25ya

Par

American Trust

Co

(S F)

(W

McLean

Industries

McLoutli

L)

Corp

15%

Bank of New York——
Bank of Virginia—

32%

31

33%

12%

13%

5%

2%

of America

(San

29%

lc

McNeil

20%,

13%

3

Steel Corp

Bank

Bank

19%

Corp__—
_1
Marmon Herrlngton Co Inc
1
Marquardt Aircraft
1
Maryland Shlpbldg & Dry Co_50c
Maxson

453a

32%

30%

Marlin-Rockwell

5%

80

10

N

T

5

53 %

35%

38:,4

1

17%

18%

Michigan Gas Utilities

5

24

25%

Co=^

Miehle-G ross-Dexter Inc—
Class

Miles

A

common

_7%

Laboratories

26

2

66

Inc

Minneapolis Gas CO—
_1
Mississippi Shipping Co
5
Mias-Valley Barge Line Co,.
1
Mississippi Valley Gas Co
5
Missouri-Kansas Pipe Line Cok5
'Missouri

Utilities

Monogram

Co._

Precision

Mountain

Fuel

Cox

S

.10

8%

26%

17 Yb

18%

45

47%

7%

8y2

14

15%

31%

33 y4

45

48'A

-19

13%

14%

58

61%

14%
9

15%
10

Gas

National

Homes

Class

B

National

ft

Oil

Corp

28

%

69%'

47%

46%

275

St

Louis—

Broad

St

—20

68

(Phila)—10

46

—

Trust

Co

Camden
Central

Corp A com.50c

Shirt

Gas

Shops of Del
ft

File

Centl-Penn
Chase

Assoc

Gas

Co

Bk

Natl

Manhattan

Chem

of

Bk

Phila.10

(NY)_12y2

Corn Exch Bank

Bank

Southern

(NY) —10

11%

58

62 %

22%

24%

21 %

23%

'

21%

1

13%

14%

22

24%.

Corp..

_1

17%

.

American (Coal.
Penn

Gas

—1

Co..*

Oklahoma

Miss

1

18%

.

5%

5%

10%

11%

River

Prod__10c

4%

5%

Old Ben Coal Corp
Oil
Gas Corp

•

12%

13%

1

19%

49

•

B

32%

34%

Tail

Pabsf

Power

Brewing

Co

Co

Pacific

A4rmotive
Far

28?»

Pacific

55%'

58:,

Pacific

•

Corp

1

East "Line

5

Robinson

Co—5

Mercury Electronics__90c
Light Co___»6%
Uranium Mines

80' L>

84%

Pan

24%

2G3

Parker

20

2134

1238

13%

Pepsi-Cola

16%

17%

—_10c

Permanente Cement

American

Sulphur
Corp

Co

Hannifin

Tool

Pendleton

70c

42%

n/n4land General Electric

3234

Portsmouth

7%

19%

20-%

rotash

-10

Connecticut

Bank

Continental

& Tr Co-12l/a

(Chicago)—

County

33%

Trust Co (White Plains
York!————.5

New

Crocker-Anglo Natl Bk
Empire Trust Co

(SF)_10

(N Y)_—_—50

Serv

26'4

27%

Pub 8erv

24

26%

Punta

Alegre

347f.

Purex

Corp

28

Purolator

of New

Co

3i^ar
Ltd

Products

22

38

Jl
Co_7^»

;

7%

43

■

First

Bank 3tk Corp
Camden

(Minn)-JlO

Natl

.6'A

Natl Bank

(Atlanta)

First Natl Bank

10

(Jersey City)_25

Hamp

57%

26%

28%

Comercial

Trust

100

Co

Passaic

40%

Bank

of

125

130%

35 %

37%

34'A

36%

Northern

Tr

Co

(Chicago)__100

228

240

84

71

Philadelphia
Provident

38%

31%

37%

&

93%

New

Franklin

Island

Natl
N

67%

Hanover

Corn

Bank

of

Tr

&

Sav

Bk

Tr.

Co

6%

Industrial

Bk

67 a

7%

Industrial

Natl
R

Com

Bank
I

30%

Industrial

10%

11%

Irving Trust Co (N Y)

—1

26%

5

34 %

52%

38%

41%

York—10

54%

57%

25

City)—8

(Phlla)—-5

see

Natl

47%'

90%

94%

<17%

19%

9

20

(Wash)—20

Bk

119

10

83

126

83

10

35%
59%

63

23

24%

10

45

49 >A

25

43%

46%

10
2%

27
9 A

29%

39%

55%

,

,36%

-

Sterling Natl Bk
(New

96

103

10

& Tr Co

York)

Trade Bk

& Tr

Co

(N

Yt
Trust Co of New Jersey

36%

39

Union

72

77%

17%-

United States Trust

18%

39

10%

42

Bank

of

Commerce—
10

53

57%

10

32%

36 Vb

Y)—20

90

95%

Valley Nat Bk (Phoenix Arlz)_5
44

50

53%

20%

22

(Cleveland)

2°

39%

41%

Co—

(Boston)
States

Trust (N

4 7'A

21%

28%

-1

1st

175

43%

Security Natl Long Island N Y_5

39%

Bk__l5

10

28%

footnotes

Union Trust Co

160

Security First Natl Bank (Loa
Angeles)
;
12%

Long

(N Y)_10

1

For

10

82

State Bank of Albany

35

of

Mexico--, 41

Co

10

Second Natl Bank of Phila

(Chic)—20

Corp

Trust

56%

49%'

«

United

Providence

43%

53%

47 %

J)
(Union

of

41 %

20

39%

5%'

556

10

Second Bank-State Street
Trust (Boston Mass)

;(Jersey City N
Hudson

24%

525

Bank

Seattle

Exch

New

33%
109

20

Bank

73%

Y—____—

Trust

Natl

(Philadelphia)

Royal State Bk of New York—5
Rye National Bank (N Y)
2

.

Glrard

Trust

71 %

of

39%

105%

67%

82%

10

Bank

57%

24%

79%

Rochelle

31

64

69

Bank

36

22

67

Natl

54

5

Royal Bank «of Canada

39%

63

66%

49

20

Boston

340

36%

34%

62

Bergen City

Republic Natl Bank (Dallas)—12
Rlggfl Natl Bk of Wash D C__25
Rockland-Atlas Natl Bank of

40%

89%
32-4

of

Tradesmen's

48%

28%

Tr Co

(Hackensack N J)

75%

35

(Pittsburgh)

Peoples

89%

45%

31

Peoples First Natl Bk <fc Tr

Louis—20

St

(Philadelphia)—10

Westchester

—25"

—25

of

City Bank (NYl—20
Pennsylvania Banking
?

& Trust Co

First

7.50

Essex

Natl Shawmut Bk of
Boston_12%
Natl State Bk of Newark
12%
New Eng Trust Co
(Boston )_100
New
Jersey Bank & Trust Co_ll
New York Trust Co
(N Y)
25

43%

80

<ft

(Albany)

106

St Louis

County—

Bank

Banking Co (N J)

Bank of

22%'

JJ

Westchester_5
(Cleve)
16

City Bank

Detroit

National Newark &

k

First' National

Harris

*< "'19%

105%

54%

of

29'/a

Bk,& Trust

(Camden N J)

36%'

18

102%

10

of

Bank

102%

Hartford Natl Bank & Tr Co—10
Hudson County National Bank

29

72%

51%

25

Co

York
Bank

83%
340

26%

97%

1

-1

New

National

37%

B

10c

158

68

47%

National

4 5'/a

Fidelity-Fhila Trust Co
20
Fidelity Trust Co (Pgh)
10
Fidelity Un Tr Co (Newark)-lO
Fiduciary Trust Co (NY)
10

42%

8%

27%"'

150

National

34 %

11%

10%
40

32

of

64 %

29%

35%

Properties Inc
New

4%

27%

Corp

Co of

12%
42%'

20%

30

64%

61%

(NY) .10

Natl

15

Pubco Petroleum

Pub

•

4%

29%

5

Co

Federation Bk & Tr Co

19%

11%

,56%

Morgan Guaranty Trust

111 Bank & Trust

Natl

27

Co of America

Producing

62

79

First

—1

-63«

46%

315

First

—^10

Plymouth Rubber Co

43%

20%

Lumber Corp—__3%
Natjiral Gas Co—_—:•

Pioneer

20%

44%

(Chicago) _25

First

6%
<

*"

39%

53%
28

Mercantile Tr Co (St Louis)—25
Merchants Natl Bk of Boston_lo

32%

Trust Co
50
Commercial Bk of North Amer_5
Commercial Trust of N J.25

12

5%
10%
18

14

Pickering

38:%

19%

14%

.

18%-

—1

Bottlers—1

Pfaudler-Permutlt

36

14

24%

1

Indus

General

30%
41 %

1

21%

Otter

Olin

25%

Meadow Brook Natl Bank of
Nassau County N Y

72%

23%

22%

50c

31%

23

23%

8

Cori>

29%

Manufacturers Tr Co (N Y)_10
Manufacturers & Traders
Trust (Buffalo)
5

National

(Savannah)

City Natl Bk & Tr

28%

Ask

105

5

National

Citizens &

Cleveland

10%

'

(N J)
5
of Cleve—16

Bank

27%

•

Elec

Co

Tbermador
&

__60c

Trust

Natl

20

2G%

10

Estate Bk & Tr

287

90%

18%

27%

99

Mellon Natl Bk & Tr Co
(Pgh)_25

-100

17

25

Bid

20

Co
(Philadelphia)
Long Island Trust Co

50%

42

26%

32%

95

6-

common

Eng

Companies

Liberty Real

A

6%
(Newark)_25

87%

25%

10

Co...._.____2%

rtanonal

Pacific

26

^.0

Kings County Trust Co
(Brooklyn N Y)

24%

Co

Nalco Chemical

Pacific Gamble

20%

Co

Company

Par

62%

10

15%

Indust—1

Supply

12%

11%

Conversion

Ask

Bankers Trust Co (N Y)—_—16
Boatmen's National Bank

30%

1

Pacific Power &

"

Bid

57

5

&

Francisco)—

of Commerce

83%

Machine & Eng.:
Publishing Co.
Metropolitan
Broadcasting

Mereditli

20

10%

5

Wyandotte Chemicals
Corp
1
Yuba Consolidated
Industries—1
Zapata Off-Shore Co
50c

8%

33%

48%

9%

;

Wurlitzer

18%

30%

183.?-

i

10c

Wood

Bank and Trust

96

28%

Inc_

11'i-

i

7.5o

24%

i

10%

25%.-

Star

Lucky

45%

t

43%

11%

First

42

40%

30%

First Natl Bank of Boston—12 J/a
First Natl Bank of Chicago—100
First Natl Bank of Dallas
10

223i

33%

20 y8

22

23'A

31%,

18%

10%

8%

30%

Co_*

Point.Manufacturing

28V2

17%

14%

is y8

1

i-Ic

13

7%

—1

——•

33%

16%

Wisconsin Power & Light Co„10
Witco Chemical
5

Corp—1

31%

•

Weyerhaeuser Timber
White Eagle Oil Co
Whiting Corp

3iy2

5'/u
20%

.42*4

1

Transmission

Western Lt &
Telephone Co_iO
Western Massachusetts
Cos
1
Western Natural Gas
Co
1

35%

1

39%

1

33 y*

'

2%

39 V+

Watson Bros Transport "A"

ey2

2V2.

Suburban Gas Service Inc

Suburban Propane Gas
Suntide Refining Co.
Syntex Corporation

.

1

2,'A

Westcoast

47%

Hotels Delaware Corp—1
Chemical Co
1

Co

Washington Natural Gas
Washington Steel Corp

42

44'/4

&TSwasey

Warren Brothers Co
Warren (S D) Cfo

,

38

25

21%

9%
.

Grocery Co

Warner

41 Va

36

'

Corp

63'%

20%

8:i

21

59

Nuclear-Chicago Corp

-

14%

19V2

1

Co

v

13%
-■

1

—

Register

First

•

17

23%

23%

Lone

3078

5

5

38.y2

2.50

15%

73h

39

Co

53 %

-—10

Steamship

2%

;l

Co

50

18 %

CclV—32%
P>

10

2.50

Mach Tool Co_2

28%

2%

Gen

Giant Portland Cement

__l

17

Gen

niddings&Lewis
Glasspar

17-%

30%

Co—3

Cem

.*—10

Telep iCalifi 5% pfd^__20
Telep Co of the Southwest
5%% preferred—'
_I_"V20

19%

48 %

11%

,_i_*

Co.

26%

45

77%

Paper__10

Service Co.l

17%

25

18%

10%

2

General Gas Corp__

16%

1

72%

■Foote Bros Gear A: Mach cl
A..5
Class B:;
5

Gas

Co

Inc

26%;

;___

32

18

Von's

50c

16%

;—5

—2'

Wayne Corrugated

29%

Northeastern Water Co $4 pfd_*
Northwest Natural Gas
_19
Northw-est Production Corp
1
*Ti»«-hwestem Pub Rpt v Co
3

Fislier «l'.otlier.s Co
—__2.5C
iFisher Govcnior Co
;
ll *Florida Steel Cory.—
._1'

Ft

Varian Associates
Vitro Corp of Amer

1

10%

North

8'-«
^-21%'

Natf Sliutgage Assn.100

.Frito Co.__—
•Garloclr Packing

26%

9%

North

IT'h

Mart Inc—

51%

25%

24%

Mfg Co

Statler

16%

32%

48%i

Common
non-voting
Stanley Works

28%

20%
301A

22%

10

37%

2%

60%

3

31%

22%

Co

26%

lo

29'A

3

28%

18

10

Electric

57%

Inc

10%

1

2%

24 3 4

44%

5%

9%

5

Co

1

41%

30"

5%

United States Truck
Lines Inc-1
United Utilities Inc

West

Stepan

28 y*

Vanity Pair Mills Inc

Stanley Home Products Inc—

40%

26%
23

19%

28

38

ioy8

24%

21%

Co—1

States Tel

______•

common

1

46%

Southwest Gas
Producing Co—1
Southwestern Elec Service Co__l

Standard

1414
31%

9%

27%

Southern Union Gas Co——_1

Standard

13%

29%

1

44%

Nevada Power Co
1
Southern New Eng Tel
Co___.25

&

24 y«

25%

Southern

E)

22V*

18%

Ca,Uf Water Co—
5
Southern Colorado Power Co—•

(A

4%
69'A

1

Supply Co

1

22%

4%
se

1

Sugar Corp_

•

27y2

"

35

5%

•

inc

t

9%

4%

Pipe Line Corp
50c
Tucson Gas Elec Lfc & Pwr
Co_5United States
Leasing Oorp
1
United States Servateria
Corp.l
United States

1434

34Vb

25

9

Trans Gas

58%

13%
32

23%

United Western Minerals
10c
Universal Match
Corp
12%
Upper Peninsular Power Co
9
Utah Southern OH Co
2%
Valley Mould & Iron

391«

10

55%-

25%

49T«

-—50c

'

2

30%

38%

43

37

Equity OiroVi—

Food

26%

11

Bostop'Corp

8%

Southern

Fruit

Tractor

7»A

28%

1

Towmotor Corp

10%

8

Corp..——.
2
South Shore Oil & Devel Co.lOc
Southeastern Pub Serv Co
10c

Stand

21

g%

1

,

Corp
Topp Industries

9%

10

Skil

Staley

•

Inc

Tokheim

68

5

:

Simplex Wire & Cable Co

Sprague

25

Time

12%

——1

Co

& Co

Carbon

46%

23% "

Tracerlab Inc

Seismograph Service Corp
1
Sierra Pacific Power
Co—7%

Speer

43%

Thomas & Betts Co class A
Three States Nat
Gas Co

15 %

8%

46%

Enipire State Oll,.C6___J,__'___il

.

1

•

6%

Nortex Oil

22%

1'1C

t'GDi

38%

64%

38

1

Thermo King Corp

6%

34%
91%

Norrls

10%

Associates

Bantam

9%

1

48%

20%

IttUjiKlhes.

'

69%

•

;•< 263«

Eleetroluk'Coji)——I—
E'inhart"Mfg ;C(%._i__7V5'

Eirst

46 Ms

17%

lc

New

40

Economics Lal*traipry Itic
_il
El
Paso Electric Co
(Texas)
•

Fedci^l

14%
-

Liberty Loan Corp.:
1
Lilly (Eli) & Co Inc com cl B--5
Ling Electronics
_________50c

Nicholson

1__2

Elcctrb-VeieeTue
•

30%

.

6

Plus

193»«

Sat Gas Co.—l

Eastern Dtiilflcs

•

43

25

22

Dynamics-C< .i;p of 'America-V-*
East Tennessee

13%

Frary & Clark

45%

'

17%

19

8%

Portland

18

_i—_1

Co

15%

26%

Inc.,
___2
5
Dbiinelley- t}?.. ;Rt-ft'Sons'Co^_5
Diiffy-Mott Cc;%%._-V-—-V
&

*

' 20%

Dicbold

Dull

15:%
28
'

14%''

Detroit Internal
Bridge Co--i_l
Di-iNoe Chemical Arts Inc.:,1
.

266

9".a
147a

14%

*

250

16 %

Corp

Blower

65%

20c

—

Corp
Jacinto Petroleum

Searle

53 %

36'

1

17%

——J.'"" 14%
l
11%

Sabre-Pinon

Southwestern

•

preferred

Macmillan

-.25

13%

Cohmad^ Interstate Gas Co
n.5
Colorado Milling-& Elev Co—ll

,

18%

1

Co

Lau

Co—

Manufacturing Co—2%

90%

1

Texas Natural
Gasoline Corp

65

23%

Colonial; Stores Iuc

i

^-

5138

253't

.33 Vac

Common class 13
Clinton Engines Corp

Com?»on

14%

Lanolin

30

5%
21

A__33'/3C

,

Engine.

8

17%

Landers

6 %

com

.

13 3

28%

Kratter

21%

Cummins

35%

1

Koehring Co
Corp class A—

62

5%

Consol

67%

32 %

5

Keystone

18

58

-20'4

cony

25%

63%

Co__15

Co

Ketchum

26%.

16

$f.2a

24 ta

•

Petrocheuiicals.l

Kentucky UtiliLies

26%
-

Steel

$1.46

Kennametal

c67n

^,_____10

Setv Corp__

Stales

10

5

Kearney <ft Trecker Corp

15%

Chattanooga Gas Co—1

Radio

29 3 it

26%

Kalamazoo Veg ParchmeiU, Co_10
Kansas-Nebraska Natural Gas_5

38%

Central Public
Utility Corp____6
Central Soya Co_
•

•

Kaiser
„

36%

Co._—_10

.Telephone Co

62

25%

Electric

Lake
Jervis Corp

314»

25V

Co

Jessop Steel Co

5

Corp..—10

Power

Jefferson

Co„20

Cedar roiiit ricU! Trust ctfs__—
Central Electric ft Gas
Co.—3%
.Central 311 Elec & Gas Co
10
Central Indiana Gas Ce_V
.5
Central Louisiana Electric Co_5

Service

Jefferson

934

l

Products

7Mi

16%

Carix:nter Paper Co._y________l

Collins

27

24:%

1

Corp
Freight

Utilities
Jack & Ileintz Inc
Jamaica Water Supply

19%

58

-Co.V-'—10c'

Carlisle 'Corp.

Public

34%

28%

Wntijr Service Co__25
Calif Water ft.
'I'elep Co.3.—12%
Canadian Delhi Oil Ltd
__10c
Canadian Superior Oil or Calff.l
Cannon Mills' claks U
comi.i.25

Coastal

Motor

17V

___10

7%

1

Bakeries

32

——__1_1

69%

.

•

Cq

20%

California

•

Inc

Water

19

California 'Jul. cristate Tel
California. Oregon Power

Citizens Bill Co

Mills
&

1

60

«

12%

6:%

1

Iowahern

56

29 7

.

66

Interstate

'7V

6%

27%

;__1

24V

1

5%

'

Gas

(HH|

16

35%.

Corp
1
Texas Eastern
Transmis Corp_7
Texas 111 Nat Gas
Pipeline Co_l
Texas Industries Inc
1
Texas National
Petroleum.
1

23%

48

Ask

85%

Tekoil

45%

21%

13%

11%

23%

lnd—
Corp

Byllesby V H M}.,

■

1

Iowa

Bullock's

Central ,Vt Pub

common:

3344

Itic $1.20. ph;,ferrcd~25
&:Sl>arpo M(g Co
.10
Beryllium Co__________l
Buckeye Steel: Castings Co.—*

Central

Schiefd

31 %

Storesl_I_'_.___l

Central

27 3n

l

Light. Co__l

Bowser

Steel

San

26

Mat___

591;,

Brush

Ceco

203ii

hi Mi''

Brown

■

31%

19%

10V

Inc__W_^l* :;'7V
Bowater Paper
Corp ADR7',4

Bnrndv

12 Mi

28%

551c,

"

Botany .Industri«:.s

..

1

Gas—"

•

Field

42%

Bid

1
5

Tappan Co

18%

3

Ryder System Inc

1

Interstate

15%

61%

17

Par

Tampax Inc

30%

12%

Roddis Plywood
Corp
^SRose Marie Reid

1____2%

A-.

Interstate

18%
47%

12%
57 %

_i

14%
13%

10%

28

class A-___25c
Inc_____
•

&

\

51'%
2%

9%

2

Myers

Robertson

Robbins

2%,

Mills Inc__3%

Roadway Express

Rockwell

Corp.

Head

Brand Rice

135

___•

Bry.soi'r;lnc_

Borman .Poods

A

River

133

.Indianapolis Water Co—
International Textbook Co__

21%
•

33%
113

13%

Sys_l
Securities Co__
___5
Investors Diver Services inc— 1
Class A common

....

Black 111116 Power &
Black Siva'ils ft-

30%

Pulp & Paper Corp—

Class

Indiana

74V

V

-

Ask

48%

5c

Corp

37

128

Husky Oil Co_____

11V

17V

HatbaAvay Inc—i—5

Beryllium. Cprp

.

4%

.

127

19 J/a

44%

UniFx——-__L___1

Berkshire

136

20%:

Co.________ 25

3%

34%.

Stoker

107

Hugoton Gas Trust "units"
Hugotou Production Co

21%

.10%

Gossqrl'Co.;:.%._—_____10

Bonds Bros* Bag
Beneficial

Hudson
.

2Q.Va

18%

Credit

Indian

Bates MTg CV-IV-Baxter Lttbcr,

Ba.viess

8

30 " «-

130

c—1.

^Hoover

25%,

20'V

.

Bilion

Riley

35%

5

Engineering

23V

Const ruction Co_—10,
*27%
Cor;)"
v——-.L> 1848.,■
Associated' SpuingGorp_v—__lQ,

Aztec

Voltage

18V

Arvida

A

High

1

,

33%

11

v
25%

preterreil-V-^.

Metal

Class

5

—

Republic Natural Gas Co
Richardson Co

com_10

Co class A

53

Furnw Co" common..

.

.

21%
202

Bid

America—1

Corp

193

common
10
Hearst Cons Publications
cl A-25
Helene Curtis Ind class
A__
1

48'4
22

Ai

4

Itic:

Prtblfe Service Co—a—5.:/
Arkansas Mis'SonrrPovver Co__5
Art

(M

45

Arizona

.Arkansas

Xerox Inc—_%'_

Hanna

44

_i

Partic

Haloid

4Q%

20

Corp.—7.50

P

Anheuser-Euscli"

47.3 4

37-4

-

Gobain

tt

85',4

Ralston Purina Co
Rare Metals
Corp of
Reeves Soundcraft

Ask

19%

•

44V

Supply Corp___4..
American^Marietta" Co
_^2 ..•
American Pipe & Const Co
l

Ather~Saint,

241

5

Society
1
Gulf Sulphur..
Corp_______
id 10c
Gustin-Eacou Mfg Corp__
2.50
Hagan Chcinicals ft ^Controls
1

2718

*

Bid

Grolier

41%

22%
81'a

y..

Amer Hospital-

V-

67

39..

Par

■

Green Mountain Power
Corp
Grinned Curp____:

10%

Par

,

..

Aerovcx

"National" list is
composed of securities
'

wide national distribution.

a

Industrials and Utilities

preceding page.

Wachovia

Bank

& Trust Co—

(Winston-Salem

N

C)

9

-

The Commercial and Financial Chronicle

(88)

44

(Quotations

Insurance
America-—1

12.10

Aetna

1
——,,,.l
Mutual' Fund -1

11.84

12;94

35.64

36.35

8.37

Investment

Co

4.30

4.59

Investment

Trust

Fund

Mutual

American

alii.07

$9.01

10.50

Johnston

(The)

36a

38 V

Keystone

Custodian

Atomic' Devel

Iiic— 1
fnc—5
Inc. 1
Axe-Seieuce &. Eiecfnivs Corp-lc
Axt-Tenipleton Growth Fund
Canada Ltd—
1
Blue Ridge Mutual Fund Inc—1

8.97

13.59

14.77

S-2

14.00

S-3

17.72

19.16

S-4

14.44

15.59'

15.20

9.81

13.10

14.32

11.67

12.63

16,400

136

10.09

10.97

16.09

Fund Inc_—

17.49

18.99

J

———:

Vegli

1

7.66

-83

Fund Inc—1
Fund—r:
1
Delaware Income Fund Inc
1
Diver Growth Stk Fund Inc—1
Diversified Investment Fund—1
Diversilicd Trustee SharesVegli Mutual

Shares

■

Dreyfus Fund Inc
Eaton & Howard—
Balanced Fund

Mutual Trust

35%

New

v

New

23-%

25%

New

Co

3.00

3.31

4.13

4.55

2.86

3.15

Ins

——

Co-

2.86

3.15

14.19

15.34

14.46

15.63

172

Northeastern

117%

1221

8.57

63

67

Pacific Insurance Co of N Y—10

53

58%

5

23%

25%

4

59%

6234

Philadelphia Life Ins Co

5

66 %

Bankers Life Ins—1
Fidelity & Deposit of Md——10

7%

838

a—•.—10

73%

77

23%

Insurance Co

3%

—2.50

59%

5%

77 %

81 %

49%

52%

82 %

86 %

Pyramid Life Ins Co (N C)_
1
Quaker City Life Ins (Pa)——5
Reinsurance Corp (N Y)
—2

4%

Insurance—_4

Reinsurance Corp—10

20%

22%

Fund

Life

F)

5

Republic

33

C'j
(D C)

4

105

—1.50

—

Co

Home

83%

Haven)——_10

39

42%

56%

Security

41%

Springlicld Fire & Marine
$6.50 preferred

403a

Standard

Accident

Standard

Sec Life

185

193

94%

99

49%

1

85«

Ins__10

85ta
32

35%

9%

,

Ins

(N Y)—2

8%

31%

-6%

59%

7%

25

27

84

87%
86%

30%

43%

46%

2

Fire

28%

2

Fidelity & Guaranty Co

83

3

U S
S

56%

Co (NYI
-.8
Insurance Co———5

60

109

104

10

U

52%

Co

29%

2
—10

Guaranty

Travelers

89%'

Ins

(New

7%

30%

33

lo

—:

U S Life Insurance Co in the

City of

Y

N

Westchester Fire

——1

21.85

23.62

4.65

5.08

5.99

6.54

2.72

2.97

Fund-

England

Nucleonics

Figures after decimal point represent
Bid

—1

12%

Inc

—1

14.30

15.63

__1

13.96

15.09

4%s

5.59

6.11

w

3%s

street

3-%s

Sept.

17,

15.

Feb

1959

100

1959—

15.

:

99.29

99.26

Inc——1

100

99.29

I960——

100.1

100.3

100.3

100.5

100

4

Fund

100.1

%3 March 15, 1960:;^—
3%s April 15. 1963
Natl Mortgage Assn—

Over-The-Counter

Securities

Aug.

13.63

96

Philadelphia
Pioneer
Price

3%s Aug.

10,

1959

10.95

11.94

3%s

Oct.

13,

1959

1

24.07

24.31

3%s Dec.

10,

1959—

2.50

8.95

Inc—

9.73

4%s March 10.

Growth Stock

(T Itowe)

Fund lnc

18.63

Inc

Fund

Fund

17.00

Corp.

Fund

Pine Street

1

Ihe——1•

Securities

Fund

Putnam

(Geo)

1,

99.29

1959

1 %S Oct.

20,
1,

I960

100.1

2%s June

100

3%s

100.5

4s

April 3, 1961
Sept. 20, 19G1—

I960——

1,
1,

15.83

3%s March

95.2

95.10

2, 1966
4%s Mar. 20. 1968—

16.91

18.38

4%s

1

7.39

—8.03

25c

Putnam Growth Fund—.

13.20

14.27

11,

1963—

1962
1963

93%

92.12

92.28

98%

99

98%

99%

19G9

100%

101%

1970

1969

10.37

Shares—lc
—lc
Capital Growth Fund——lc

11.36
8.20
8.67

12.44

..—-lc

15.02

16.44

(The,) Stock-Fund-lc—13.88
shares—
lc
8.31

Quarterly

11.36

-15.20

Shares

Dist

Inc

Equip

shares

Common

—

Scudder Fund

of Canada

Scudder Stevens & Clark

8.99

Fund Inc

9.50

Selected

99.4

4%s Julv

92%

93%

3%s April

90 %

91%

98.14

98.22

4%S Oct.

1,

1970-19G7-:

99%

100%

1,

1971

90

91

95%

96%

92%

93%

1968

11,

4%s April 10, 1969

1

1,

1.25

11.34

1972-1967—

15,

1972

15.

a30.28
10.49

20,

15,

3%s Sept

Shares

Amer

98.28

Clark—

&

Common Stock-Fund.

9.11

4%s

12,

a40.78

•

Scudder Stevens

98.24

3%s May
4%s Feb.

Aviation-Electronics—

98.16

3%s March

-lc

1963
4%s June 10, 1965—.

Nov.

March

99%

93%

May

2%s May
3'As May

99%

99%

4s

97.14

98.22
98.20

99%

99.4

14.56

99.24

98.4

99.28

_1

Fund

99.26

98.16

97.6

-

99.4

99.18

1960

1,

99.14

99.20

—

3%s

April 20,

100

100.5

98.28

1DG0,

1.

99.22

8.96

Ask

100.1

99.11

1959-

2%S Feb.

100.2

100.3

—

100.3

4%s Dec 1, 1959-——
Federal Land Bank Bonds—

99

40.25

x8.29

Inc__—

8.04

3.50s Oct.

99.31

1959

3,

June 10, I960—
3%s Aug. 23, I960
3%s Feb. 13, 1962

39.85

1
—1

Puritan

Aug.

99.28

4s

_1

——.

18.53

Bid

3.55s

99.30

I960..

point

a

Cooperatives-

3%s Feb.

95.16

Federal

Peoples

32nds of

one or more
.

Central Bank for

3.80s Jan. 15. 1960

Fund

Siiares

William

Ask

Federal Home Loan Banks—

Chemistry &

Electronics

One

—

Obligations of Government Agencies

9.77

19.42

Inc

78

Surety

24r,«

Jersey Insurance Co of N Y__10

7.10

Stocks Series

York Capital Fund
of Canada Ltd—

Inc

Co——^.10

Title

—

Standard Life

73%

37%

5

Life

Owners

10.25

8.94

17.96

7.40:

137

V,

Home Instnance Co..

14.52

75%

69

39%

10

Boiler

71

23

——5

Steam

Jefferson

112

125

(Jacksonville Fla)_2%
Insiftance

(Texas)—10

Republic Insurance
St

—4——

Hartford.

New

17.19

20%

Employees Life

22.28

9.29

New

2.72

35%

18%

_5

Republic Natl Life Insurance—2
Paul Fire & Marine—6.25
Seaboard Life Ins Co——..—1.
Seaboard

Falls
«fc

(S

13.43

6.50

13.25

2.50

71

21%

20.60

1

18.53

22.04

Phoemix

—10

Globe

Ins

10

Co—

Providence-Washington

Fireman's
General

(D

Indemnity

Pacific

58

Hanover

—1

12.19

20.11

3%

54%
56%

Gulf Life

.—1

17.14

6.70

48%

Peerless Insurance Co—

Great American

Series.—

Growth

G.07

16%

45%

Y—12%

N

69

17.44

Stock Series—

Income

12.00

of

Co

9.18

21.44

—

Ills

67%

4.89

8.27

12.41

40%

15

Insurance—3.33 %

56

6.50

21.22

11.04

33%

37 %

521 a

11.45

8.40

47%

31

65

10.44

4.47

53

43

2.50

River

Northern

49%

10

:

Eagle Fire Ins Co'. (N .J)
-.1.25
Employers Group Assoc
*
Employers Reinsurance 'Corp—5

14.67

12.13

Fire

Fire

Nortli

18%

5

Hampshire
York

348

a

5
2

63

23.88

11.10

Corp class A.
Amsterdam Casualty

10

Franklin

4.01

Union

163

_5

Ine_

Life &

335

Casualty Co——5

Forstcr

«fc

—

Life

(Ky) !

Continental

Preferred Stock Series——,—1

Group Securities-

Fully Administered shares—lc

10.63

Shareholders Trust of Boston—1

11.67

7.22

7.92

Smith

1

15.74

17.25

9.08

9.95

Southwestern Investors Inc

1

14.17

15.32-.

7.72

8.05

Sovereign

1

15.13

16.57

lc
lc

13.59

14.88

38%

40%

6.94

7.61

U. S. Certificates of Indebtedness & Notes

12.75

lc

Industrial Machinery shares_lc

Eond shares

General

Institutional

-

33%

Assurance"

5.95

8.09

-1

Food

.5

_—2
Life:.,
10

Continental

—1

7.40

shares—

29%

6.87

—.——1

Dividend Series

-1

Chemical

27%

(Fla)

Series———.

Bond

Corporate name changed to

Electrical

Nationwide

Crum

Balanced Series————1

—10
20c

Building

16%

Hartford Firo Insurance Co—10

16.27

26.43

Shares

43%

15%

Securities Series-

14.97

115

.—1

Life

SUindard

General

a46.93

Iuvestors Corp———1

111

67%

17%

Connecticut

3.69

National

130

40%

6.31

Wide Securities Co Inc_l

Nation

62

122

1

16.13

National

14%

(Bah)—10

.——^——^JIO

Fire

10

19.52

al4.73

3.44

43

13

Fire—^—.5

Government

24.40

Life

50%

39%

Accident Ins.-

Boston Insurance Co

1

45

National

Commonwealth

Shares—^

beneficial interest

of

Life Ins—5

Assurance——5

Natl

18%

1

Merclianls Fire

Merchants An Manufacturers—_4

Natl Old Line Inc common

15.31

13.42

Corp

37%

25%

Government Employees Ins

Shares

39%

26%

17.85

Investment Fund Inc—1

37%

34%

61%

Glens

_——

6%

1

—

23%

13.59

1

Inc

59

6

Inc

24%

18

22.09

,

1

20%
227

56

12.43

—_—33%c

3.14

._1

Energy

6.25

217

Beneficial

Stock

Growth

Investors

21.63

._2

Colonial

American Surety Co—

L10

Bankers & Shippers--—10
Bankers Natl Life Ins (N Ji—10

14.01

Investors Trust
beneficial lnt_33%c

of

Corp—_1

Fund

National

Insp & Insurance— -—-—10

.lc

Industries

46%

4.57

25.02

<■

42%

4.15

Mutual

10.52

.lc

Tnr

Monument

Re-insurance—~5

Fidelity

Mutual

10.52

9.60

Fidelity Capital Fund—
-1
Fidelity Fund Inc—
.-5
Fiduciary Mutual Inv Co Inc—1
Financial Industrial Fund Inc_l
Florida Growth Fund Inc
10c
Florida Mutual Fund Inc
1
Founders Mutual Fund
•
Franklin Custodian Funds Inc-

Wnt.ureo

10«

American

-lc

shares—

24.72

Equity Fund Inc

7.14

9%

14.06

Federal

23.40

Fund Inc—

Energy

7.60

6.52

17.25

•

18%

55%

Bond____5

Mass Indemnity .&

3%
3%

4.21

1

Electronics Investment

14.87

6.93

277«

3%

Mercury

2.73

1

Stock Fund

13.75

Marylafid Casualty
Massochnsells

26%

:

10%
42 %

2%

*

Mutual Income Foundation FiL_l

14.14
11.89

9.60

1

—

12.88

1
10

Va

Life

10

Corp—i:

Investors

National

Lincoln

(Wash IJ C»
1
Amer Nat Ins (Galveston »^—l

Amer

2.47

Fund

88%

12.86
10.82

2.50
2oc

E

Series

Dividend

15.81

Units of beneficial interest—1
&
Automation

18.92

Delaware

American

Missiies-Jets

8.37

18.73

Fund

7%

of

Co

38%

Amer Ins Co (Newark N J )_-2%

Massachusetts Life Fund—

Investing Co Inc-—1

Dividend Income

16.37

14.38

24%

_..3

Insurance

Loyal Amer Life Ins Co

5

21.61

3.82

Fund Inc_

18.48

21%

Home Assurance Co

13.18

——lc

Mass

Western Investment Inc

Crown

shares—;.

shares

18.49

17.09
20

American

Massachusetts

20.64

17.91

Composite Fund lnc—
1
Concord Fund Inc———
1
Consolidated Investment Trust-1

11.17
10.61

22%

Tcnn

Life

2%

Ins Co..

Casualty

&:

of

.

20%'

6%

47%

2%

(Birm)__2

Life Companies Inc—j

: -.17%

18%

Heritage Life Ins—
(Jacksonville Flue ———_i

—lc

Petroleum

10.92

Bond & Stock

Composite

shades--.——

16

23

44%

Life

31%
40%

29
37%.

Ask

21

Liberty. Natl Life Ins

241

Amer

Special Investment siiares—lc
Transport shares-—-——lc

12.03

10.05

Commonwealth Investment——1
Commonwealth Stock Fund——1

Metal

Paper

11.07

'

$1.25 conv preferred————5
American Fidelity Life Ins Co_l

15.00

Managed Funds—
'
Electrical Equipment Uiares-lc
General Industries siiares—lc

17.COO

130

5

19.80

Lexmgion Trust Fund
35c
Lexington Venture Fund——- .1
Life Insurance Investors luc-.—1
Life Insurance Stk Fund Inc—1
Loomiis So.vies Mutual Fundi'—

10.27

..J'

Bid

i'"

Lawyers Mtge & Title Co__65c
Lawyers Title Ins; Corp (Va)
5

70%

231

Fidelity & Casualty_5

9.72

,

Companies

\

182

67%

,.—,.-..10

Insurance-,

Agricultural Insurance Co
Equitable As&ur

10.24

-1

Inc

Fund

Lazard

16.43

9.07

•17.58

t<

20.21

9.40

24.45

16.11

Knickerbocker Growth Fund-—1

18.69

Income
————1

22.41

Keystone Fund of Canada Ltd 1
Knickerbocker 'Fund—__—_—l

8.70

7.9<r

24.56

(Speculative Com Stk(—1
(Low Priced Com Stkst-1

12.88
;

23.53

'Speculative Pfd Stks)— 1
'High-Grade Com Stk)—1
(Income Com Stocks)^—1

K-1

34.64

Life

173

-10

American

(Invest ..tent
(Medium Grade

S-l

—1
Canadian International Growth
Fund .Ltd—-.—3
Century Shaves Trust—1
Chase Fund of Boston—
-1
Chemical Fund luc—
-50c
Christiana Securities Corp—100
7 % preferred
100
Colonial Fund Inc
————1
Fuud Inc-

9.75
5.09

10

^Surety

Insurance Co

American

a24.53

Funds—
Bonds) —l

Bonds)_1
B-3 (Low Priced Bonds)
1
B-4 (Discount Bonds'-.
-1
K-l (Income Phi stocks"
1

31.70

Inc

Commonwealth

—

14.23

luc

Fund

Boston

13.36

——-—1
Broad Street Investment —50c
ouiiock fund
L.io'-1
Caliiornta Fund liic
vl
Canada General Fund—
1
(ltl54i Ltd———
1
Canadian

6.52

.

4.66

.

Axe-Houghton Stock Fund

Fund

B-*2

6.00

Axe-Hougiuon Fund

Boston

6.28

1.71

Fund "A'
"B":

Axe-Hotighton

1.88

<B-1

5.75

Trust———*
Mat Fund lnc— 1

X'uiu.

Associaicu

luc

Fund

Istel

1

Research & Development-•

Amer

of

inc.-..'J

Fund

American Investors

of

&

Casualty

Aetna

7'.74

Business Shares——1

Ask

.

Aetna

4.53

11.07

2.22

American

4.95'

lc

intl Resources Fund Inc_

2.44

Fund——l—-—25c
Affiliated Fund Inc—i.—-—1.25
Aberdeen

Bid

Par

Ask

Bid

Par

Funds—

Mutual

Ask

Bid

T»r

Fund*—

Mutual

Gas

Monday, July 6, 1959

.

July »

for Thursday,

Mutual Funds

De

.

OVER-THE-COUNTER SECURITIES

NATIONAL LIST OF

De

.

4

shares—lc

Bond

Merchandising
Mining shares

shares

11.64

(Edison

Stein Roe

lc

10.84

11.87

2.27

2.51

Sterling

lc

6.89

7.56

Railroad Stock shares

lc

10.86

Steel

lc

11.68

Bond

Railroad
RR

shares

Equipment shares—
shares———

1

16.43

17.91

11.89

Texas

1

9.71

Townsend

8.17

8.95

12.41

Industry Shares lnc—1

19.78

20.37

Guardian Mutual Fund lnc-—1

20.95

21.59

Growth

Series

10c

5.28

._10c

Income Foundation Fund Inc 10c

2.62

of Boston

Fund

Income

—

>Incorporated

Inc

1

Fund

9.04
12.54

14.64-

16.00

1

17.43

18.95

1

7.49

8.19

Inc..1

5.98

Feb

10.77
10.85

Line

Fund

4s

Investors

Institutional

Shares

Institutional

.

Ltd—

Bank

3.91

Fund

Special

Fund

10c

Insnr

lc

11.14

12.18

11.99

13.12

Wellington Fuud

6.96

1.

1961

3%s Feb.

15,

100.2

15* 1959
1. I960

100.3

1 %s

April

98.22

1%S April

99.14

94.8
98.10

99.14

99.18

92.20

1962_

Aug. 15,

99.30

92.28
100.2

91.12

1962—-.
15, 19G2

!

91.20

97.26

1,

97.30

99.16
99.9

97.8

97.16

19G3

93.14

93.18

1,

1%s Oct.

96.8

l%s

96

1961

1,

15,

1963

90

90.8

1%s April

99.7

4s

1.

April

98.14

1963

15,

Mav

98.18

88.20

1964—-

88.28

87.4

1963

1,

87.12

Federal Intermediate Credit Bank Debentures

9.07

Rate

Dated

10.68

11.67

3.60%

11-

3-58

8-

3-59-

99.31

100.1

3.75 %

3-

2-59

12-

1-59

99.2G

99.29

13.96

3.50%

12-

1-S8

9-

1-59

99.29

100

3.75%

4-

1-59

1-

4-60

99.25

9.9.28

Bid

Due

Bated

Ask

1

14.60

15.91

3.45%

1-

5--5V

10-

1-59

99.27

99.30

1

13.10

14.16

3.45%

2-

2-59

11-

2-59

99.25

99.28

1

6.33

6.84

;

Bid

Due

2-

1-60

99.29

Ask

100

4%%

5-

4-59

4 Va %

6-

1-59

3-

1-60

100.3

100.5

4.45%

7-

1-59

4-

4-60

100.1

100.3

United States Treasury Bills

Security Issues
Ask

4s

3%s Nov.

99.28

94

1962

1,

2%S Feb.

98.30

99.24

98.6

1962

April

99.31
98.2g

i—
—

1962

15,

l%s Oct.

' nc

Whitehall Fund

Feb.

99.22

Wisconsin Fund lnc

13.85

Bid

l%s Oct.

4s

12.84

Investors Fund Inc

7.61

12.66

Recent
Bunds—

1,

99.27

8.38

Wellington Equity Fund

lc

100.1
99.16
99.29

3%s May 15, I960
3%s May 15, 1960
1%S Oct. 1, 1960

Rate

13.73

Fund

Ask

98.26

—

1

12.56

Fund-lc

Growth

Institutional

Aug.

19611961—

15,

May

1

Investing Corp

lc

Institutional Income Fund—lc

Bid

3%

1%S

1, 1959——
1%S Oct. 1, 1959

Situations

Inc

Street

99.31

—

4s Aug.

3%S Nov.

point

a

99.2«)
99.30

4s

4.27

Ltd

Washington Mutual

Inst Foundation Fund

Institutional

Wall

—_

May 15, I960

'

Incorporated

99.28
99.25

—

1960

15.

of

6.54

Canada

Fund Inc.—

Value

9.23

9.85

14.37

8.27
11.54

Value Line Income

8.45

13.22

1

2.87

10.04

7.86

Fund Shares.l

Income

Funds

United

1

7.19

—

lnc—

Accumulated Fund.—1

Value Line

1

Fund

Income

Nov.

3%s

32nds

more

Maturity—
Treasury Notes (Continued)—

99.27

1959——
15, 1959

Aug. 1,

Treasury Notes—

United Science Fund——... 1

5.77

13.55

International

&

United Continental Fund

a26.42

Series II-DA

S

Funds

United

x5.23

Haydoclc Fund Inc—_——1

Inc...

U

Growth

United

II-C7

Fund

Investment

Fund

Uniteu

Funds luc—

Hamilton

repre; >ent one or

Ask

10.61

12.79

Bid

Certificates of Indebtedness—
3%S

Television-Electronics Fund

11.33

—

a37.97

Inc———1

Fund

Balanced

Figures after decimal point
Maturity—
1%S

12.81

lc

shares———

Utilities

Farnum

&

Inc-1

—lc

Tobacco

Investors

State Street Investment Corp—♦

lc

shares

Petroleum

Fund

B)

Yield Price

Yield Trice
Bid

Bonds—

Ask

Bid

Bid

Ask

Ask

'

'Alabama

4%s

Power

.-1989

British Petroleum 6s
?

1980-76

Burlington Industries 4VdS—1975

101%
56

National

102%
57%

116%

1

118

Canadian Pacific Ry 4s
.Carrier

Corp

Central

1969
1982''

4%s

Power

&

Lt

4:;46—1989

93%
96

'96%
98

101%

1989

4%s

WW- -1963

Northspan Uran 5%s
Ohio Power Co 4%s
Pacific

•

Steel

5

Petroleum

Morris

102%

Phoenix

101

Public Service Electric

143

Consol Edison S%s

103 ?«

1989

%

104%

89

Julv

99%

July 23, 1959
July 30, 1959——.a—
August 6, 1959
August 13. 1959

99 Va

101

_1979

4%s

100%

7

July

105

99%

——

138

5Vis— *,1977

99

103 V2

—

Commonwealth Oil Ref Gs__ 1972

Chance Vought

86%.
99

.

.1973

5s

%S

Philip

1989

1977

98 3 it

Steel

5%s

_1969

5%S—.

:

&

99%
85

GasVv.
_1989

:

Sheraton Co of Am 5s ww_.-1967

103%

104

110

115

Southern Elec Generating—

El Paso Natural Gas 5%s__1977'

111%

Ferro Corp

1975

113

116

Southwest

1976

113%

115

1975

Sperry Rand 5%'S ww

150

Fruehauf

3%s

Trailer

4s

3%s
General

Port

Cement

5s

112%

1977

142

146

Gen'l Tire & Rubber 6s ww 1982
Idaho

Power

Interstate Power 5%s_

Lowenstein

205

210

.1989

103%

104%

—1989

100'/a

101%

5s_—

(M)

&

Sons—

4%s

4%$

4%s

1989

88%
97

89%

Textron

Amer

Underwood

98

West

104%

S'.bS- -1989

102%

103%

-1982

128%

130 ve

1979

:

Penn

Westcoast

Mueller Brass 3%s„

1975

86

90

White

1976

82

86

Wisconsin




Pow

104 %

99.690

November

19,

9.9.633

November

27,

99.575'

December

3,

99.483

99.509

December

10,

1958—

99.425

99.454

December

17,

1959

99.350

99.371

December

22,

1959

99.342

99.364

December

24,

1959

99.276

,99.295

December 31,

99.200

99.210

Jamiarv

99.143

October 1, 1959
October 8, 1959

November

99.560

September 10, 1959—
September 17, 1959—
September 21, 1959—
September 24, 1959—

99.747

99.620

-l—-

November 5,

99.679

20, 1959
August 27, 1959
September 3, 1959—

October

99.813

99.737

August

October 22.

99.861

99.798

99.170

March

5s

;

5%s

Corp

Power 5%s
Trans

Stores

5 Vis

&

104%

105%

1971

117

119

98

102

•No

105%

a

Lt 4%s

1988

89

1979

4%s

Pow

1971

104%
108

1989

99

15,

—

92%
111

99%

value

asset

98.931

98.834

98.871

1959

98.745

98.784

98.604

98.644

98:538

98.581

98.471

98.516

1959—

u'"

1959

1959

k Admitted

Stock
bBId

to

listing

Exchange
yield price

on

the New York

x

y

—

ISSUES

Ex-dividend.
issued,

Ex-stock

98.260

98.150

dividend.

97.893

96.961

^

stock,

wiWhen

98.328

97.849

1960

I960 w i
1960
•

t New

98.376

98.290

98.130

-

98.339

98.231

—

d Ex-rights,

value.

99.004

1959

—

FOOTNOTES FOR OVER-THE-COUNTER
par

Net

99.063

98.971
98.896

1959

12,

22,

15,

1959—

98

1970
-1989

1959

29,

1

April
97%

15,' 1959

99.122

99.032

99.910

99.850
—

October

99.903

1959
16.
1959——

9,

99.961

Eastern Transmission—

Texas

National Can

5s

Elec

U S Industries 4%s

1981

Montana Power

1992

5%s

99.093

99.955

96.983

96.668

96.731

\

Volume 1,90

Number 5861

.

.

The Commercial and Financial Chronicle

.

(89)

45

Third Federal Reserve District— Philadelphia—

THE COURSE OF BANK CLEARINGS

Week

End<xl

1958

1959

June

Inc.

27
1957

or

1956

-

Bank

clearings this week will show an increase compared with

year ago.

a

Pre¬

Pennsylvania—Altoona

liminary figures compiled by us based upon telegraphic advices from the chief cities

Bethlehem

of the

Lancaster

at

$26,461,344,573 against $21,387,937,830 for the

there is

Our preliminary totals stand

same week in

gain for the week ending Friday of 25.2%.

a

the week follows:

summary

for

July 4—

York

i,

1959

V

1953

+ 25.2

1,044.273,471

:

913.000.000

+ 41.9

(11

621,938.806

_____

Francisco

——!.—

—

423,000.000

-

+ 34.5
+ 35.2

771,097.000

604.841,675

+ 27.5

380,646.208

469,999.389

—_

338,640,047

323,258.019

+

$21,438,322,613 $16,689,667,283

cities, five days
five

cities,

Total

1.5

1,301,517,653

1,524,803,32ft

all

11,360,789

+ 23.0

14,238,070

10,514,84ft

+15.1

285,239,428

279,448,77a

+ 25.7

622,174,116

jH8,127,674

57,863,100

52,570,500

+ 10.1

53,053,500

15,838,175

(7 cities)

issue of next

+ 36.2

11,004,174

12,059,or;

11,394,158

+ 38.5

14,147,460

413,626,279

+ 16.8

548,130,444

11,820,39ft
508,252,92ft

1,544,173,873

;

1,284,630,925

+ 20.2

1,547,987,192

1,461,568,03(7

'

—Holiday—

+

District of

$26,461,344,573

__________

$21,387,937,830

detailed

appear

press.

able to give final and

a

decrease

of

3.7%, the aggregate clehrings for

to $24,996,624,182 against $25,953,720,869 in the

Outside of this city there was a gain of

decrease of 14.6%.

Federal Reserve Districts in which they

We group the cities according to the

trict of 1.5%.-

we

note that in the

In the Cleveland Reserve District the totals

the Richmond Reserve District

3.6%.

loss of 14.2%, but in the Boston Re¬

gain of 5.6% and in the Philadelphia Reserve Dis¬

a

by 10.9%

larger by 20.2%, in

are

and in the Cleveland Reserve Distinct by

The Chicago Reserve District has to its credit

St. Louis Reserve District of 10.1%

an

9.5%V"the

improvement of

and the Minneapolis Reserve District of 13.9%.

In the Kansas City Reserve the totals show an increase of
District of 12.8% and in

following

we

12.0%, in the Dallas Re¬

the San Francisco Reserve District of 16.5%,

furnish

a

+ 10.9

778,024,519

769,413,095.

30,406,283.
114,319,193
355,100,000
5,8.1,070

-

Macon

31,026,159

+

8.1

31,445,206

+

4.9

+

6.2

127,572,653
388,900,000
6,708,764

33,544,750

-

1

Alabama—Birmingham—

5,729,007

3.4

6,414,540

244,444,206

+ 16.8

238,855,432

234,899,827

+ 10.9

219,598,756

:\ 260,539,774

1

Louisiana—New

+

5,603,97ft
208,111,259
210,360,570
12,496,037

u

12.333,066

+ 28.1

786,268

581,089

+ 35.3

654,056

569,32ft

221,064,475

216,691,040

+

2.0

209,467,526

199,115,034

1,394,978,155

1,284,545,988

+

8.6

1,243,372,919

1,141,973,456

___

15,802,423

Mississippi—Vicksburg

Total

+ 29.8

5,926,443

285,549,024

Orleans

,

(10 cities)

Seventh Federal Reserve

13,755,986

District—Chicago-

Michigan—Ann Arbor
Grand
Rapids
Lansing

Wayne—

Indianapolis

3,216,68ft

20,145,801

18,152,20ft

8.2

9,817,704

11,469,760
76,221.000

+ 24.9

12,013,085

8,376,073
12,287,82ft

+ 26.9

77,773,000

74,263,00ft

14,077,361

+ 36.1

11,302,281

8,310,344,

3,666,067
138,666,118
6,902,561
49,884,626
18,961,401
1,847,320
1,112,891,548
7,070,648
18,632,121

+ 32.0

4,368,014

9.0

136,534,541

4,111,683
126,069,07ft

14,323,996

Haute

«

___

4,838,562

•

Wisconsin—Milwaukee

152,033,902

Iowa—Cedar Rapids
Des Moines
Sioux

2,451,271

0.8

+

8,717,734

96,744.000
19,165,280

-

South Bend

■Terre

4.6

+

2,904,732
17,685,475

2,770,799
17,819,280
9,430,967

__

8,522,990
53,590,838

City

19,225,766
.1,828,610

—

Illinois—Bloomington
Chicago

1,202,210,327
8,270,706

+

+ 23.5

7,060,030

+

7.4

48,346,990

+

1.4

13,672,719

—

1.0

1,759,948

5,996,46ft
41,952,95ft
12,709,24ft
1,728,98ft

8.0

1,188,055,316

1,208,524,75ft

'

+

-

6,906,351

0,048,284

8.9

15,790,444

16,160,347

11.588.810

+ 17.8

13,120,745

8,759,600

6,381,768

+ 37.3

6,679,467

10,645,135
6,919,546.

1,650,160,576

1,507,569,050

9.5

1,575,797,707

16,976,629
13,648,318

~

Springfield

—

+ 17.0

Peoria

by Federal Reserve Districts:

summary

388,409,64ft
155,024,876-

142,549,063 — 135,913.692
422,300,000
397,600,000
6,»xo,»o5
5,^7,902

Nashville

Georgia—Atlanta

Rockford

In the

7,879,125

131,034,472

760,709,056

Decatur
serve

7,391,586
388,546,893

1.2

+

.+

Sixth Federal Reserve District—Atlanta-

Indiana—Fort

District the totals register

serve

a

8.3

+ 12.0

8.166,917

384,288,090
125,150,227

.___

New York Reserve District the totals record

20,621,427
192,924,82ft

10.6%, the bank clearings

located and from this

are

4,553,202'

22,340,550
223,976.957

430,515,893
126,696,697

Tennessee— Knoxville

Mobile

was

the whole country having amounted

at this center showing a

present further below,

complete results of the previous week—the week ended

For that week there

week in 1958.

we

4,734,061

2.4

843,649,794

cities)

(6

Augusta

has to be estimated.

cases

statement, however, which

+ 30.8

+15.3

—

8.843,242
t

,

Cohnnbia—Washington

Floridar—Jacksonville

In the elaborate

218,344,802

+ 23.7

not available at time of going to

Accordingly, in the above the last day of the week in all

19,815,268

■

251,796,084

939,654,111

We cannot furnish them today, inasmuch as the week
are

4,943,752

6,467,878
19,330.000
!

1

South Carolina—Chai-leston

week

week.

11,628,616

15,784,810
482,943,857

Virginia—Huntington,

Richmond

+29.4

—________

for

cities

+

520,985,143

Virginia—Norfolk

+ 33.6

$26,461,344,573 $20,448,283,719

five days____—

cities, one, day_

/

Fifth Federal Reserve District—Richmond-

4.8

+ 28.5

3,758.616,436

5,023,021,960

days—

Saturday and the Saturday figures

same

8,078,641
15,336,185
17,413,158

+ 43.6

Complete and exact details for the week covered by the foregoing will

June 27.

—19.3

+ 47.9

674,993.307

'Total

we are

6,679,298

15.587,933
16,331,139

263,065.440

—

Maryland—Baltimore

our

4,365,748

3.9

+ 49.4

6,761,033
4,222,323

-

13,969,391

Pennsylvania—Pittsburgh

563.122,812

—

—

Total all cities,

ends

4.0

—

4,220,805
-

302,732,530

Mansfield

west

in

+

7,096,326

3,528,659

655.042,010

_

Youngst-own

——-

__

I

__

Total

3,460,369
?

1,199,991,047

Cincinnati

+ 41.9

312,900.000

492,535,42.9

Baltimore

All

1

6,582,916

1,218,310,87G

cities)

Cleveland

366,110.492

882,641,867

<-—

City

Pittsburgh

Other

1,459,000,00ft

•

2.9

12,634,606

Ohio—canton

+ 35.2

1,296,000,000

:

——-—

Boston

Ten

1,721,278
3,990,160

1,238,000,000

+

16,956,716
15,656,779

Jersey—Trenton

Columbus

Cleveland

.4,165,379

1.1

+

+ 18.9

25,324,427

(

San

1,895,434

2.0

—

7,248,897

6,817,333

"

1

Philadelphia

Louis

+ 11.9

4,092,092

1,136,000,000

Fourth Federal Reserve District—Cleveland-

%

$14,584,143,427 $11,652,699,223

—.

1,412,148,724

St.

2,044,68ft

>

Week Ending

Kansas

2,363,036

3,540,897

£

_

__

CLEARINGS-RETURNS BY TELEGRAPH

New

2,015,053-

'3,600,000

York

Delaware—Wilmington

Total

t

2,018,111

—45.2

2,231,089
1,822,678

v

$

5.8

+

7,456.187

~~

Scranton

New

•

2,039,252
4,009,774
1,149,000,000
4,210,564

Wilkes-Barre

At this center

1958.

Our comparative

ZJZZZ
ZZ
I

Philadelphia
Reading

cities of the United States for which it is possible to obtain weekly clearings will be

1,^28,734

pec. %

1,885,204

1,994,999

~

Chester

country, indicate that for the week ended Saturday, July 4, clearings for all

23.7% above those of. the corresponding week last year.

$

S

—

—

—
i

Total

~

SUMMARY OF BANK

1958

1959
Week Ended June 27—

1st Boston

1,547,987,192

1,461,568,030

7

"

1.544,173,873

1,284,630,925

+ 20.2,

6

"

843,649,794

760,709,056

"

1,394,978.155

1,284,545,988

"

1.650,160,576

..

—17

+ 10.9

778,024,519

769,413,095

8.6

1,243,372,919

_

Kansas City

9.5

1,575,797,707

1,565,478,606

"

745,231,449

676.7.70,764

+

10.1

689,019,594

654,221,251

"

705,408,711

619,092,267

+ 13.9

587,757,952

535,003,746

9

"

805,136,479

718,843,463

+ 12.0

649,218,393

624,366,860

4

__

—

*

1,507,569,050
-

+

.6

"

—10

"

Dallas
San

Francisco

654,179,736

580,195,851

1,462,916,052

1,255,463,209

24,996,624,132

25,353,720,869

12.454,137,138

11,265,026,039

*

Missouri—St.

390,200,000

355,500,000

9.8

361,900,000

341,300,000!

212,7j4,849

191,208,224
127,537,310
2,525,230

+ 11.3

199,672,540

195,708,005

139,223,817
3,072,783

9.2

124,539,730

+ 21.7

2,907,324

114,895,277
2,317,96ft

745,231,449

676.770,764

+ 10.1

689,019,594

Louis.l

Kentucky—Louisville
Tennessee—Memphis-—:

_

—-

Illinois—Quincy

—

r

585,977,173

527,941,888

1,284,070,664

+ 12.8
+ 1G.5

Total

(4

cities)

Ninth Federal Reserve

_108 cities

Outside

We
week

New York

now

ended

City.

add
June

our

detailed statement

27, for four

i

1,191,488,356

3.7

23,752,533,627

+

10.G.

11,680,681,709

11,390,832,842

years:

District—Minneapolis-

Ended

June

27

.

1958

Inc. or

1957

$

Dec. Vo

$

(
1956

$

3,885,213

Massachusetts—Boston
Fall

River

+ 14.4

2,919,597

2,611,933

6,318,353

+ 12.1

7,783,544

9,320,445

+

1.7

6,495,478

5,954,983

+

9.1

4,971,405

5,442,601

16,523,699

16,192,466

+

2.0

16,213,711

11,981,82ft

705,408,711

619,092,267

+13.9

587,757,952

535,008,74(7

Dakota—Fargo

South

Dakota—Aberdeen

Montana-=Billings

10,895,188
——

-

——

4,309,253

4,329,69*

Total

(7 cities)

Tenth Federal Reserve District—Kansas

779,344,240

4.6

775,046,972

756,269,938

City—^
964,059

i

1,039,692

746,462

.

817,951

185,207,817

9,749,843
160,846,026

9,097,856
39,201",424
537,976,758

483,532,337

10,837,540

_

Kansas—Topeka
Wichita

-

Missouri—Kansas
St. Joseph"

City

—

——

9,193,468
32,582,654

6,849,156

14,444,897
6,636,595

805,136.479

718,843,463

14,2557407

-

—

7.3

856,339

915,22ft

8.7

571,997

872,08ft

+ 11.2

8,818,990

9,723,85.1,

+15.1

153,212,740

—

—

1.0

9,705,326

152,457,269
11,458,897

+ 20.3

27,356,766

26,177,67ft

11.3

432,321,664

406,288,671.

—

1.3

11,812,857

11,328,69ft

+

3.2

4,561,214

5,144,49*,

+ 12.0

649,218,393

624,30(3,GCft

+

6,885,659

815,311,843

Portland

3,394,752

7,082,653

1,

_—

+ 15.9

132,242,761
7,646,17ft

3,888,575

-

Omaha

First Federal Reserve District—Boston—
Maine—Bangor

363,107,71*

426,999,671
148,771,129
9,402,246
3,824,245

H»astings

$

10,192,970-

398,464,917
143,447,457

9.8

7,947,527

177,860,883

Paul

Nebraska—Fremont

(

1959

11,024,764

+ 12.7
+ 19.6

+

8,723,850

481,021,038

St.

-

Lincoln

Clearings at—

654,221,251

23,223,786,319

—

showing the figures for each city for the

Week

+

+

Minneapolis

Minnesota—Duluth

Helena
Total

1,565,478,60ft

Eighth Federal Reserve District—St. Louis—

North

"

11th
12th

+

1,141,973,456

+

7

Louis

9lh Minneapolis
10th

1,524,'803,320

+

__

Chicago
St.

894,642,997

12,332,884,714

1,301,517,653

1,199,991,047

—

Atlanta

8th

923,019,063
12,586,159,798

1.5

15,143,483,065

1,218,310,876

—10

5th Richmond

,7th

5.6

922,426,1 P t

12,997,987,377

.'—

4th Cleveland

6th

+

$

—14.2

974,491,104

"
"

Philadelphia

-

_

1956

$

e/o

9

2nd New York
3rd

Dec.

—11

—

___

1957

Inc. or

$

$

„_12 cities

CLEARINGS

(17 Cities)

3,414,431

3,532,400

+

3,258,420

+i

8.4

3,642,448

1,446,654

1,415,458

+

Z2

1,441,347

3,440,280

3,385,427

+

1.6

3,695,380

14,635,723

14,037,518

+

4.3

15,813,817

15,155,807

Worcester

13,632,128

11,453,193

+ 19.0

11,655,994

10,300,299

47,082,858

42,908,421

+

9.7

43,223,742

38,542,665

24,869,172

22,639,720

+

9.9

22,815,739

24,230,338

Total

(9 Cities)

-

3,357,412

Springfield

Colorado—Colorado Springs

__________

Lowell

_______

New Bedford

Connecticut—Hartford
New
Rhode
New

Haven

Island—Providence

36,448,000

(12 cities)

—~
.

Eleventh Federal Reserve District—Dallas-

31,593,600

+ 15.4

2,677,082

+ 1G.7

2,579,983

2,430,568

974,491,104

022,426,184

5.6

923,619,063

.

Dallas
Fort

12,976,66-1-

13.162,895

worth

.

10,825,494

+ 21.6

10,331,981

569,054,541

Texas—Austin

3,124,180

Hampshire—Manchester
Total

1,541,947

505,973,280
38,809,732

+ 12.5

513,553,246

452,059,44*

+17.7

36,402,769

36,297,43*
6,322,00(1

45,669,481

Galveston

Wichita

6,807,000

,

5,206,000
8,383,534

6,249,000

—16.7

7,139,851

+17.4

6,921,159

6,653,66ft'

12,703,285

11,198,494.

+ 13.4

11,961,018

13,622,62*

654,179,736

580,195,851

+ 12.8

585,977,173

527,941,88ft

1

Falls

Louisiana—Slireveport

.

.

894,642.997

+

33,000,500

29,890,000
Total

(6 cities)

Twelfth Federal Reserve District—San Francisco—

New

68,072,83G

York

Rochester

Syracuse..

(9 cities)

3.505,397

3,017,741

—14.6

12,071,851,918

11,832,953,477

+

5.4

39,446,286

35,357,885

+

8.6

26,843.630

22,824,986

32,730,049,

39,792,901

__________

26,709,106

24,598,073

(a)

'




73,149,735
81,108,467

12,997,987,377

100,922,654

99,936,257

6.1

144,490,849

148,123,308

+ 24.8

3,230,425

3,443,717

+

(a)

72,737,276
93,697,774

__________

191,119,231

5,328,137
228,761,168

5,541,867
191,283,922

102,664,577
30,012,628

_

85,034.030
25,255,161

+ 32.G

215:415,591

202,G13,40G?

3.9

5,488,014

4,264,857

+ 19.6

198,008,207

184,187,490

+ 20.7

90,454,652

79,793,05ft

+ 18.8

+ 10.1

26,748,798
17,079,474
687,088,114

+-40.7

25,027,211

—

28,166,213

14,688,692,780

2..

—27.3

Utah—Salt Lake City

California—Long
Pasadena
San

41,932,336

Northern New Jersey
Total

+ 29.9

12,542,487,044

-

Jersey—Newark

2,962.141

__

...

Connecticut—StamfordNew

2,705.077

3,848,448

_

136,804.695

3,376,915

Jamestown

93,669,196

145,125,642

^

Elmira

New

Yakima

Oregon—Portland

York—Albany

Buffalo

253,489,951

Washington—Seattle

Second Federal Reserve District—-New York—

15,143,483,065

0.6

76,310.054

74,553,682

+ 15.5

86,822,530

34,507,448

12,580,159.798

12,332,884,714

—

—

14.2

San

:

Beach

—

18,649.810

—

Francisco
Jose

Santa

—

Total

—

_

(10 cities).

Grand total

(103 Cities)

Outside New York City
'Estimated,

693,147,695
26,653.436

-8,300,000

Barbara

Stockton

17,205,784

763,310,100
37,504,207

7,631.839

14,895,474

12,590,244

1,462,916,052

1,255,463.209

24,996.624,182

25.953,720,869

12,454.137,138

11,265,028,069

(a) Clearings -operations

discontinued.

+

8.4

23,877,750

13,919,651
643,453,070
22,10'4,4Gft

8.8

7,200,897

5,897,312

+ 18.3

11,568,706

11,377,293-

+

+ 16.5

1,284,079,b64

1,191,488,350

3.7

23,752,533,627.

23,223,786,21 ft

+ 10.6

11,680,681,709

11,390,832,84ft

—

-

Con'unerchil

The

(90)

46

JUNE

»

.

$3.50 preferred
Catelli, Food Products Ltd.,■ Vfc

Chrlstiania
•

1959

TO JULY

1,

1959,

INCLUSIVE

subord,
Gear

Unit

Buying Rate for

Noon

Monday
June 29

June 26

Austria,

.0117749

.0200180

.210762

.00312166*

.00312006*
.00203930

.239350

.239350

4—;———

.210500

2.812300

.00277912*

./ .00161050

.00277912*

.00277912*

.328800

.328866

.328700

.0800560

.0800560

.265156

.265170

2.785544

2.785445

.265205

.265190

2.785247

2.784455

.140562

.140543

.496950'''

.496950*

.496950*

.0349950*

.0350062*

.0350100*

.0238095*

.0238095*

.0238095*

.140543*'

"

--

.193341

.193323

4 .496950*

Africa,

.193336

193321

.232068

232050

.232118

.232071

2.802889

2.802789

2.802590

2.801793

sterling-

2.813400

pound

2.813300

2.813100

2.812300

$3.50

$437 million at all
of Treasury

Demand

(In thousands of dollars)

account——

-

Banks-M¬

290,539

other

and

Industrial

loans

advances

Bought outright—
_1

'■■■'

Notes

Brothers

'

——:

—

.

28,114

San

+

523,283

million at all reporting banks.

.

2,097,900

+179,700

District; there

banks

A

2,867,565

+
—

305,486

was

4(/o

assets

bought

outright

-

26,098,962

>

18,750

securities-

-+179,700

million.

$521

U.

Total
Due

s.

loans

from

and

foreign

Uncollected
Bank

Gov't

26,117,712

.

"*+

18,750

+

liabilities

and

+

securities

bunks—

items

cash

26,746,531

—107,365

+ 1,164,629

June

—

5,692,133
95,791

assets

186.155

+

113~387

Great

adjusted*

+13.177

Commercial

735,821

6,897

—

22.117

chasing
Total

assets

52,788,462

Loans

of

—114,017

+

628,258

Real

to

notes——-a.

27,459,793

+'

+ 152,276

U.

S.

bank

reserves——

Treasurer-—general

17,812,479

acc't

567,039

Foreign

288,067

Other

estate

Other

609,719

386,436

—

—375,550

924,261

35,030

+

Deferred
Other

deposits

19,054,021

availability

liabs.

+

32,151

22,858

+

——

cash

items

4,811,698

accrued

and

divds.

30,589

—367,069

793,755

+143,969

+
+

17,444

to banks.,

743,840

9,368

Loans

liabilities

CAPITAL

—

,

j

in

liabilities
ances

combined

liability

purchased
loan

•Net
On

:

83,999

476

+

26,157

+

*31,669

domestic

+

34,301

—

6,816

—

19

,

*

+1,574

+
—

13

+.

20

—

+

443

—

1,050

+

'

—

33

+

247

—

644

_

:—

28,559

798

+

628,258

—1—

+-

213

9,973

~-J

banks

1,506

banks

From Federal

41.7/«>

—

2.7%

From

others

"Exclusive

—

413
381

foreign

commitments—I
elimination

1,649

—

—

360

of

Sec.

39,003

3

Il-DA

individual loan items

serves;

of

surplus

of

weekly reporting member

$644

million

in

demand

-

in another

press

release.

'Loans to brokers and dealers for
purchasing or carrying
U. S. Government and other securities
decreased $185
million.
.

Ifoldings of Treasury bills decreased $178 million in
in Chicago, and a total of




8-25
11-25

561/4 C

7-15

6-22

37'/2C

7-15

6-19

-

of

340

9-

1

12-

1

1

1%-

11-

1

8-

preferred

ahd

including

those

list

7-15

stock

common

called

under

7-15

6-30

8-

$1.25

9-14

300

$1.25

12-14

11-20

$75c

9-17

9-

19c

7-10

6-26

— _—

Scotia)

(Nova

5r/o

;

-

9-10

7-31

7-

1

3C

;

-.—.——.-4.—-'

7-31

7-

1

Refractories

:

——:

7-10

8-

1

7-10

62c

8-'

1

50c

7-15
8-

56 Vic

25c

7-15

7- 6

27V2C
283/ic

7-15

7-

6

7-15

7-

6

———.—

7-31

56 Vic

—

7-1
7-

Lumber

Hine? ."(Edward)
HiramT-Walker
ham

&

see

9-

1

.9-

1

Worts,

-47-4

ten

Page

Ceinpany and Issue—
American
Shares

investment
of

5!4%

~

Co.

of

Illinois—

cumulative

prior

Chicago Great Western Ry., 3Var/o

1

^

\.

>

finellas Industries, Inc.—
convertible

Union

5^'r,

Gas
s.

Co.

f.

s.

of

debs,

f.

'

debentures due July

Canada,
due

Jan.

,

1,

1S64

1975

5'a-

(stock

Dauphin

7-10

50c

.

■feterne ^(Joseph)

preferred
(N.

1

*

*

7-

Co.".

(quar.)______

1

6-30

1

6-30 -t

E-

1

e-

1

4I5c

(quar4

.

.

-

r

50c

—

$1.25
.

—July 21

45c

'u's-

Inc.

(N.

—

Y.)

com.

(quar.)

—

'

r

7-17

8-21.

1

.

7-20

"

-

7-15

6-30

7-15

30C

6-30

""

93 Vic
-

$1
—

7•

7-15

$1.10

7-15
8-

60c

6-30
6-30-

1

6-20

8"-1

.6-2Q

9-14

8-14

~

2461'

4r;'o 'preferred 2(quar.)

Hudsop

July 15

—-—--

7-15

1

8-1

-9-1

-

""

(quar.)'l——1—-—_ "

Corp., common .(quar.)__
-

Hotel Syracuse

6-29

88-

11

preferred (quar.)—

7

30 c

37 Vic

(quaT.7-—

"(quar.)^.^._M—
.

7-15;'

each

for

Y.) -(quar.ti----^'

„.41i preferred (quar.)
4.40 ['o preferred (quar.)

*

J.

33Xr/o

7-15

7-31

::

15c

——

Corp.

(N."Y.J com.

Hmisehold Finance
-

?

7-31

15 c

dividend)—

"

.

1

e-19
7'

-

2562

8-31

Gooder-

—

common

Co.

Lxsuranoe

preferred

.12- a

.

9-25

—

& Co.—

Horn'& Hardart

Pa^er

Ltd.—

15,

8-

i

(Hiram)

.

preferred stock__^Aug 14

bonds, Aug. 1, 1969_iAug

9- a

12-15

v:

7-15

45c

held)

shares

Holt Renfrew

r

'

' Date

Compo Shoe Machinery Corp., 5f'o cum. eonv. pfd. stoek_Jun 30
8 c,'o

of

Holly Sugar Corp.,

*'
-

,

1

P-15

Ltd.—

Industries

share

8-14

Canada, Ltd.

(increased^-quar.)

New^ common

"

8-14

•30C ""-7-15

17 VaC

(quar.)

Walker

.,

7-30

45c

(P. H.) & Co. (initial)
Hoffman Electronics—

Home
;

S-14

1.09 V8

—

Hirsch

5r/o- xonvertible

,

7-29

-445c

TENDER

REDEMPTIONS

6-23

1

87 Vic

—-

of

Paper Co.

6

7-10
8-

10c

m—„—

Dauch

6-30

7-31

7-25

$1.25

(quar.)

(quar,)-

Common

Hinde

Inc.—

PARTIAL

.

6-19

15c

preferred (quar.)__

Chemical, com.

preferred

(One

bonds due Nov. 15, 1983LJuly22

6

20c

'

income (now fixed) 5%

6

7-6
7-

"7-15

Hofmatxn

Gen.

7-

7-15

7-15

$.041

.-—

Date

6

25c

37'ac

redemption,

!

;

7-15

21!ic
—

HigbieiiMfg. Co. (quar.)
+
Hilo Electric Light Co., common

bonds, notes,

-

7-

1

7-15

25c

—
—

conv.

Heyden-Newpox-t

(except where otherwise indicated)

OF

:

-.

.

dep. rets; (interim)
——
Lithograpliing Co.—preferred (quar.)
—
Haydock Fund; Inc. (quar.)—.—:————
(quar.)-.
——
Hayes Industries, Inc.

ing tenders, and the page number gives the location in

NOTICE

.

7-10

56'ic

Amer.

Hercules Powder Co., 5'.o

given in the "Chronicle."

6-25

8-1

geinz (H J)Co., -AVafy -pfd.:(guar.
Co., commoii (quar.)
eppenstall

were

7- A

7-10
+

75e

;

-

(quar.)

7-20

$1.50

17!2C
--

(quar.)__

4pfd.

Co.

E

6-19

1

Co.—

Inc.

preferred

7-

65c

(quar.)-

Electric

9-18'

9-30

25c

Havana

re¬

sinking .fund provisions..

Compajiy and Issue—

y7- 6

7-15

9-25

3c

preferred F (quar.)___
—
53/*F/o preferred G- (quar.)—_——_
Hawker Siddcley Group, Ltd.— -

The date indicates the redemption or last date for mak-r

Poli-New England Theatres,

7-15

60c

5 Y2 %

835

1

60c

(quar.)

.m.:

(quar.)
America,

of

7-10
11-28

8-

25c

L—

preferred

Co.

8-

I25C

—

1

12-28

66 JAc

(extra)

(quar.)

preferred B (quar.)
4Vzr/o preferred C Lquar.)
5%
prefen*ed D (quar.)—

640

in which the details

2

7-10

7-21

20c

—m_

(quar.)————

5C^»

897

the current volume

"
•

8-21

—-

:
(quar.)—
Electric Light, com. (quar.)——1

SVz'/o

for

;

7-15

1

—_——

$4.37,,2^preferrfed jrf qqarp'A—i
Company ' 'fqtiar.l'UlL'-L'i.—-—-

called

.

6430

$3

—

(quar.)————
Cementing Co.

Stores,

Corp.

G'/o

of corporate

9

7-17

7-23

12J/zc

—

Iligbee
a

10-

1

$1.50

(quar.)

.

7-10

8-27

5%

Mfg.

Hawaiian

Fund Notices
Below will be found

.

Inc.—

preferred

4Yu^o

40

+

valuation

9

9-10

8-

37!'2C

(quar.) —-i-.4.96 vc
preferred (quar.) ——:
Hartford
Steam
Boiler
Inspection &
In¬

4

.

521

+

deduction

after

7-

12-10

1%

^48:

depot's

credited to domestic
banks, and an increase of $213
million in U. S. Government
deposits.
Commercial and industrial loans
decreased $37 million
at all reporting member
banks; the principal changes
were a decrease of $63 million in
New York City and an
increase of $18 million in the Boston
District. Changes

New York City, $58 million

9-15
12-15

Hartford

$27,543,000

deposits adjusted, and $849 miUioh in demand

appear

6-30

7-31

50c

13b

balances

Banks,

9-3

7-24

f25c

160

shown gross.

are

9-15

20c

—

Well

I1-C7

6%

—:5

299

1,542

banks* and

to

Oil

Harbison-Walker

631

fcanks of the Federal Reserve System in
leading cities
shows the following principal
changes for the week ended
Jwie 24: Decreases of $588 million in
holdings of U. S.
Cioveinment securities, $443 million in reserve

according to industry

t

—

7-10

50c

Hartfield

Redemption Calls and Sinking

The condition statement

Reserve

loans

7-31

25c

137

—4,438

849
—

700

L——

Banks

Reserve

_____

of

1

(quar.)

(Dallas)

(quar.)

common

Funds,

Series

'

accept¬

Condition Statement of Member Banks

Federal

Foreign

1

7-

(quar.)—.
—"
Hamilton National Associates (increased s-a)..,

Borrowings:

;
on

for

—114,017

.3-

1

8-

40c

(quar.)—

preferred

Hamilton

+ 1,274

2

+

3,027

deposits
deposits:

demand

8-15

20c

(quar.)__
(quar.)__

(increased quar.)—

surance

——

Government

1

—.——-----

Co.

Mfg.

Series

—4,365

277

t+

12,639

'J:

—

95

..

+

56,540

S.

-

1

8-

———m——

preferred

Hamilton

—5,131
,

69

—
—

1,583

deposits adjusted——
Time deposits except U. S. Government—
Interbank

7-

8-15

pfd. 1 quar.):—_
dividend)—__U—_

(stock

Insurance

Halliburton

+-1,355

437

2,356

U.

6-26

7-16

5c

5 ^; conv.

i..~—

Halle Brothers,

,

6,442

banks——

Domestic

52,788,462

75,785

change after
Sept. 2, 1958.

with

5.30'/o

577,248

8G8.410

correspondents

Industrial

+

with

)

'

(Houston)—

Co.

preferred

Common

—1,186

588

—

2,034

...

u—

7-15

Hagar. Chemicals & Controls—

.

Total Liabs. a.nd capital acct's
Ratio of gold certificate reserves
to
deposit
and
F.
R.
note

Contingent

60,192

—

*—

.

9,280

vault-

*

1

6—: 1+-V ,:;7-15
7-10

25c

—;—

preferred (quar.)—
Mines Ltd. (s-a)

Hat

i

accounts

128

LIABILITIES—

379,952
—

4

2,200

,39

,

+

1,623

—m—

Demand

in—

capital

3,973

+

58

+

27,484

—

Reserves with Federal Reserve Banks.^

Cash

ACCOUNTS—

Capital paid
Surplus
Other

51,356,101

—

+

+

1

+

12,820

.

,

■

12V2C

(stack dividend)

Co.

—1,295

185

—

.

17,385
—

4'

7-15

8-

56!4c

1

12!aC

(N. Y.)

$5

$2.40

662

securities

8-

<5WC

—

—

Government securities—total

Balances

Total

1,984

A

$5

3

+'

10,246

loans

8

It 4+7-20; jf.

Gulf, Mobile A- Ohio RR.—

carrying

or

7-

8-

25c

m

L.)

—

Halifax

securities—J..

purchasing

7-10

7-24

(s-a)
(quar.)—

Gunnar

37

,—

,

class

Life insurance

Gulf

for pur¬

loans

Other
Total

31,980
628

dealers

7-25

25c

12!sC'

(quar.)

Guarantee Co. of North America

1958

123

—

Inc.

dividend

Stock

June 25,

691

—

v'

57,774

—

Treasury bills
i
'
Treasury certificates of indebtedness—
Treasury notes

99,017

49,407

+
—

S.

(H.

Greyhound Corp.

*

Deposits:
U.

94,538

industrial loan?—

carrying

or

Other loans for

f

Reserve

Member

—

—

and

7-17
7-17

7-10

40c

reporting

June 17,
1959

'

1,362

inabilities—
Federal

adjusted*.—_

Agricultural loans
Loans to brokers and

7-10

7-25

45c

t50c

Life Ins.

Southern

Green

(In millions of dollars)

investments

1

$1.12 Vs

4J.2% preferred

Co.,

Gustin-Ba'con

Loans and

7-24

.

.y'7-24 '

7-31

(initial)'—i—

Quarterly

■

+
+

305

—

24,

1959

ASSETS—

Loans

•15

premises

Other

.

8

7-24

7-31

bor-

4 Decrease (—) Since

...

659,540

8-

C

class .A_——

Great American Insurance

Extra

18,750

+198,450

55c

37! 2

87!bc

(quar.)

preferred

Grand Union

member banks follows:

.

Total

8-15

(quar.)————.—

Co.

Griesedieck Go.,

640,790

+

Mfg.

8-15

33c

(quar. >-—

com.

Corp.,

Grafton & Co., Ltd.,
Class A (quar.)

Increase ( 4 ) or

Total

25c

Goulds Pumps, .5%. pfd. (quar.):—
Government Employees Life Insurance

increased $277 million.

of

Hj. new

Gould-National.,Battervs

'

.

others increased

summary

(P.

7-

8-15

_

Rubber, common, (quar.)
A
(quar.)

Class

of $2

net decrease

a

Federal Reserve Banks decreased $299 million and

—1,296,379

2,867,565
2,483,771

._

——

624,910

—

18,649,726

6-22

1

32J/aC

(quar.)_———

com.

8-

c

•

'

Goodman

Borrowings of weekly reporting member banks from

342

17,852

—

6-25

7-10

2212

(quar.t
;
&. Co. (quar.)

McBean

Gold Seal Products

City and time deposits of individuals, part¬
nerships, and corporations increased $68 million in the

30,602

—

Inc.,

preferred

Goodall

Interbank time deposits decreased $71 million

+

1

in

^

9

(New

preferred (quar.);
4.%^ preferr^diUqukf.)!^^-^iL^+j':i-+i^Ai
Glens Falls insurance Co. (N. Y.) (quar.)__

in New York

Francisco

St.

shares held

100

4V^'o

smaller amounts in other

+

1

million

Holders

Goodyear Tire Ac Rubber (Canada), Ltd.—

the Cleveland District, and by

districts.

Church

preference series A

Glatfelter'

of Treasury

$250

57

"Glasco'

$66 million in the San Francisco District, $56 million in

rowinga from

—

decreased

5,746
-305,814
-

25,396

j.___-m———^

Bonds

—1,315,683

66,836

•

.

—

Cerificgtes

79,560

adjusted

60,329

-

603,422

;.——_

Acceptances—bought
outright—
U. S. Government securities;
Bills

-

361,204

—

Discounts

—1,395,248

921,949
19,416,094

of

66,997
161

18,494,145

gold certificate reserves-

notes

1958

1959

1959

ASSETS—;
Redemption fund for F. R. notes

Since

July 2,

24,

Holdings

City, $89 million in the Kansas City District,

Increase (+ ) or

June

indebtedness'and

certificates of

deposits

New York

July 1,

member banks.

notes decreased $69 million and $95 million, respectively.

Federal Reserve Banks Combined
Decrease (—)

reporting

When

Payable of Rec.

Telephone Co. of California—

iireferred (quar.
General Telephone Co. of Florida— • ,c
$1.30 preferred (quar.).
$1
preferred /quar.)
$1.32 preferred
(quar.)
General Telephone Co. of the Southwest—
$2.20 preferred (quar.)
Genesco, Inc., common (quar.)

.0238095*

pound:—

franc———.—

Statement of Condition of the Twelve

R.

2835

7-

4it'c

.0350200*

■

namely

Conn.), for each

Haven,

$4.50

other cash

f

-Aug

Utilities Corp.—

certificate,
General

Gladding

F.

-

Share

of Compa 11 y

me

Gimble

Total

lj)59—

Stockholders approved a 2-for-l split
^General Realty & Utilities Corp.—
Liquidating distribution of voting trust

0800560

.140550

Nu

General Public

.00277912*

.328600

"Nominal

certificate

Aug, 1,

due

Per
•

.00161070

.00161075

.———

Gold

2938

issue.

.210377

2.813100

.0800560

Islands, peso—
Portugal, e8CUdo—r=r——
Spain, peseta
Sweden, krona

Kingdom,

July 31

(Continued from pa£e 12)

.239335

.210452
2.813300

.00161060

Philippine

United

2330

1967. -July 15

15,

1972..

31,

DIVIDENDS

.00203930

...

T\

this

in

.00312006*

.00203937

.239360

dollar

krone——,

South

debentures

f.

s.

.210650

2.813400

Netherlands, guilder-,——!——
New Zealand, pound
—

of

due dDec.

.0385140*

.210712

—

Mexico, peso——;—.

Union

July

due

.

1.048125
1

.210440

Switzerland,

1468

.0200310

1.047187

.00203940

yen-—.-.—

Norway,

2783

15

Union—•

Newspaper

•Announcement

.00312006*

rupee

Malayan

(subord.)

Co.—

subord,-dc'os,

convertible

-Dec

?

'2.240376
^

.0385140*"

1.047812

.210700
—- - - -

markka—_—1-".—,
(Metropolitan), franc—..
Germany, Deutsche mark

Malaysia,

2.241513-

.0200050

1.046250

France

Japan,

.0117695

.0385166*

.0200025

——--- - -

rupee—-

Ireland, pound—Italy, lira—

6%

$

2^88'
'

1

_Av.g

Corp.—

debs,

Winding

conv.

2886

-

-.0385140*
—

Finland,

India,

2.241673

10-year conv.

Western

July 1

$

.0116996

2.241752

pound,.-.—
schilling.

Belgium, franc—.-Canada, dollar..—
Ceylon,

June 30

„

S

.0118201

Free—

6%

5%

Page

8

—.-July 15,
~

i_-.

preferred stockpreferred stock, series B

Co.,

512'«

July

-July 15'
stock::Wi

pfd.

non-cum.

Feb." 1, I960Corp.—

due

Machine

Transformer

Universa!

Wednesday

$'

■

Agrentina, peso—
Australia,

Tuesday

stock

cumulative

Koehring

Cable Transfers in New York- <Value, in United States Money)

Friday

CALLED

.

notes

&

convertible

Precision

_

Country and Monetary

Monday, July 6, 1959

.

Corp.—

Bros.

5*4%

-

Oil

conv.

Fo'ote

FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930

26,

.

Date

AmerJtr-Corp.

requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank
certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different
countries of the world. We give below a record for the week just passed.
V
RATES CERTIFIED BY

.

Company and Issue—1

Pursuant to the

EXCHANGE

Financial Chronicle

ENTIRE ISSUES

FOREIGN EXCHANGE RATES

^•OREIGN

and

2937

Bay

Quar+qrly

Mining
-—.—

&

;——_—.—

Smelting

COl,

_1—

10c

-

Ltd.'
$75c

'

The Commercial and Financial Chronicle

Number 5061

Volume 190

(91)
When

Per

.Holders

Per

~

Name of Company

Hughes-Owens

Share

'

Ltd..

Co.

class

(quar.)*
Industries,

&

preferred

5%

series B pfd.

8-17

Loft Candy

8-31

8-17

Long Island Lighting
(increased-quar.)
Longincs-Wlttnauer Watch Co.
(increased)

32 %c

Lorain

62 %c

$1.25

9-30

9-15

$1.25

12-30

12-15

—

$1

8-

$1.25

1

8-

Coal

Circuit Breaker—

preierred

4.60-T't>

Los

7-15

Co.

Illinois' Brick
Illinois

Power

4.08'

■

•

57V2C

(quar.)
(quar.)—

Co.,

•35c

8-

37j2C

(guar.,t—

common

preferred

7-15

(quar.)———__—V

4.20%

preferred
preferred

53 %c

4.42%

(quar.)—
pfeferred
preferred .(quar. t
Imperial Investment Corp.-

Fund

Mills, $1.25 pfd.
$1.50 preferred (quar.)—_
Indianapolis Power' & Light,
de

Elcetrica

Lcwney

<Gc

from

y7-10

s8-

1

y7-10

Lynchburg

8-

1

9-18
6-18

Mailman

7-15

31 Lc

8-

1

•7-15

37 Vac

8-

1

•-7-15

3 7 Vac

7-15

7-

11-16

50c

11-

2

6-30

7-30'

7-15

+30c

7-13

6-30

J25c

7-15

14c
20c

8-

>

1

7-

.Common

1

10-

1

a-15

(quar.)

tl5c

7-15

6-25

m%c

7-15

6-25

(quar.)

50c

7-15

i6-15

International.Milling Co.; 4% pfd, (quar.)_,
Telephone & Telegraph Corp.—
'
Quarterly

$1

7-15

6-30

International
i

25c

-

Interstate

Department Stores (quar.k_;
Investment Foundation, Ltd., com. (quar.)

;

'■

-

30c

'•

8-14

7-15
7-15

6-15

10-15

9-15

*75c

10-15

preferred', «.quar.)

$2.50

preferred

$2.50

7-10

7-

1

7-10

7-

1

7 VaC

7-10

7-

1

preferred

:

(quar.)

8-

37 VaC

.

—___________

'"'Extra,'
Gas

A:

Electric,

10-19

8-

7-20

1

7-21

45c

9-

1

7-13

L

$1.05

8-

$1.09

__

-

1

7%

7-15

1

8-10

7-17

6-24

of Canada

Ltd.

(annual

+40c

Jamil-Ash Co.,

preferred (quar.):,_.:d„_i_~_Jersey^ Central Power & Light—
4%
preferred. <quar.)__.—
JeweUTea; corihnon: (qtiar.
3%% preferred (quar.),—:
3%% preferred.*(quar:L-;—

8-

$1.50

1

7-15

7-15

:

8

7-

$1

1

8-

30c

7-10

8-31

93 %c

•

—

'8-

1

7-17

11-

2

10-19

*7-29

Paper

50c

Co.__

(Co.

45c

■4e%

preferred- (quar.')!
4%%
preferred' (quar.)-——

4;20%

preferred

3%%

preferred

Kennedy's
$1.25

9-

1

8-14

1

8-14

1

8-14

$1.18%

,

9-

1

8-14

7-15

6-30

50c

r

_L_

87 VaC

1

9-15

1-2-CO

12-15

10-

87VaC

(quar.)

10c

8-1

7-20

31'Ac

-

(monthly),—

7-15
7-15

7- 3

8-15

8-

0-15

9-4

A

(initial)——

20c

______________—

!.7C* from investment
distribution of $1

"Series

S-4*

plus,

special

a

King-Seeley

Corp,

7-15

46c

7-15

Class

.

Corp., class
B

$1.07

(monthly)
Company—

Kroger

Z

FundL-.___'_

7c

of the Woods
Milling, Ltd.— '
7%- preferred- (quar.L:
:u—
Langenclorf United Bakeries, Inc.—

$1.30

-quar.t^

>

.

LaSalle

.• *

'

A

dass

Leeds

&

5%

(James;.

AVs'r

Liberty

Lincoln

$1.60
Local

7-27

15C

7-10
S-

-

8-

3

'■6-26

1

--8-17

10-31

8c

'7-15

1%

>15
"iO-15
'

6-15

7-31

7-15

7-25

"~7-10

7-25

.

"7-10

7-25 "7
7-25

7-10

"

(quar.)

96 %c
;

8-

.'7-10

3

7-15

12 Vac

7-10

G-2G

30c

7-15

7-

8-

7-20

>1.12%

1

1

t

dividend)

2%%

6-30

Ccrp.—•

National Life Insurance

Co.

com.

(quar.)

7-10

~50c
50c

Square Building Co, .(s-a

$4

6-20
"

8-1
11-

7-

6

7-10

1

io-io
-

6-29

Groceterias

Co., Ltd.—
preference series B

1st

Finance

Class A

Corp.

(quar.).

(quar.)__
pref. A (quar.)

;

(R. I.Lcoin,




(quar.)

t40c

6-30

£$1.25
62 VaC

40c

7-31

7-15

1

7-13

7-20

6-30

4%%

55c

7-15

6-15

7-15

7-

50c

7-15

2

10c

5-

1

+*-8-17

11 %c

S-

1

8-17

7-10

1

7-10

8-

1

7-10

25c

8-1

Old

50c

7-15

6-30

37 Vac

7-20

6-26

10c

7-27

6-30

7%

(s-a)

$3

8-

1

55c

9-

7-15

1

9-

93%c

1

8-14

Pacific

8-14

10-30

10-

5%

9-

1

8-14

1

7-15

Pacific

7-31

7-17

$4.40

7-17

$4.50

■■

7-31

30c

8-

$4.75

common

7-31

7-21

Pacific

-7-15

7-

6

6-30

6%

Telephone & Telegraph—
preferred (quar.)

Parke

Parker Rust Proof Co.

Park

Chemical

Davis

7-15

7-

1

7-15

6-

7-10

;

1

7-15

6-15

7-15
,

6-30

7-15
.

7-10

11-11

(quar.)

8c

50c

30c
25c

2% '

1

7-15

National

Lead

6%
Service,

Co.,

National Linen

8-

National

Dividend

National Bond

8-

~15c

(quar.)

2

8-

1

7-

3

17c

7-15

7-

3

3

15%c

7-15

7-

7-15

G-30

7-15

6-30

45c
45c

$1.50

(incr. quar.)—.

10-

1

9-

1-4-60

12-

8

3

7-

8

8

7-

8

dividend

Products

9-

4

8-28

5c

7-15

6-30

12c

7-15

6-30

420c

3%
415c

(quar.)————

7-15

11-30

flaw

Jersey

New

York

(quar.)
Gas

^

7-

2

8-15

(quar.)

T-15

6-25

Norfolk

&

27 %c

Ry.,

7-15

(quar.)__
pfd.- i-(quar.)—__—_

Fund

(quar.)

Inc.

45c

7-15

7-

25c

8-

North

American

North

Star

Oil,

Refractories

Ltd.,

preferred

class

$1.50
93%c

1

7-10
8-

1

(1956 series)

Water

1

6-30

7-15

90c

9-10

25c

8-10

7-16

40c

7-

45c

—

7-31

8-24

6

6-19

7-15

462 Vac

10- 2
1

Telephone

9-

3

1

7-15

1

7-15

7-15

6-15

10%
$1.25

7-15

6-15

7-20

7-

6

7-15
8-1

7-

1

7-10

62V2C

8-

1

7-10

$1
37'VaC

7-15

7- 3

8-

7-16

$1
7c

(Initial)

1

7-17

7- 1

65c

•>

7-10

5c

8-15

7-31

9-24

9- 8

62VaC

9-24

9- 8

common

1st preferred

Gas

LIghf,

preferred

common

9-24

9- 8

$1.06Vt

7-31

7-17

—$1.37Va

7-31

62VaC

pfd. (quar.)

(quar.)—

25c
$1.25

(quar.)_

General
Edison

Electric

Bros.

<fc

,

7-17

7-15

7- 5

7-15

7- 5

30c

7-15

0-30

(quar.)

15c

9- 1

8-18

Co., 3.60%

90c

8- 1
8- 1

7-13

(quar.)

Co.,

Ltd.,

Gardner Co.

$1.17Va
t56c

7-13

0-20

7-13

t75c

(auar.)_

6-20

7-10

§S*30

J50c

common

7-13

10c

8- 1

7-

9-

8-14'

30c

8%

1

$1.05

$1.06%
$1.16

9- 1
9-1

$35c
+63c

47Vac

T

&

9-14

9-14
7-14
8-14

8-14

8-14

36c

8-15

7-22

50c

7-20
7-20

6-24

$1.50
t40c

6-24

7-15

7-10
10- 9

6-12

10c

common—

8-25

25c
25c

.

15c

7-24

7-10

25c

8-

1

6-22

8-

1

6-22

7-14
7-14

8-

3

B

Reitman's

6-19

8-14

com.

7-20
7-27

6-30

25c

(quar.)

87Vac
5c

Equipment & Realty (quar.)
Rapid Grip & Batten, Ltd.; 6% pfd. (s-a)—
Reda Pump Co
Reece Corp. (Mass.), 5% preferred (quar.)__
Reed (C. A.) Co., class A (quar.)

6-19

Vat

37

of America,

Railway

Class

7-14

(Wisconsin)

1st preferred (quar.)__,
Resources, Inc

6-19

$1.12

,

Corp.

Corp.

$3.50

6-30

$1.25

E

Reliance
.

(quar.)

(Canada),

Electrie

&

Ltd.

S

6-23

7-15
9-30
10-1
8- 1
9-1

$2

Radorock

8-17

7-15

$1.05

(quar.)

1

8-

Co.—

Common

8-17

9-

$1.06%

(quar.)_—

Northern Insurance Co. of N. Y.

6-19

8-

$1

5c

Radio

9-

$2

—

7-15

75c

(quar.)

R

Service—

(quar.)

7-10

9- »

8-17

$1

—

7-10

7-10

6-30

9-15

$1

(quar.)

7-10

1
1

8-

6-30

Quincy Mining Co.,

8-14

50c

(quar.)—-

1

88-

97Vac

Quebec Power Co. (quar.)
Quincy Market Cold Btorage & Warehouse—

Co.—

Public

(quar.)
,

;

1

$1.10

Quaker Oats Co., common (quar.)
6% preferred (quar.)________________—'—.

6-30

415c

$4

prior preferred (quar.)
$2 preferred' (s-a)_^
Northern
Central
Ry.
(s-a)_
Northern Engineering Works——
Northern Illinois Gas, common (quar.)
5%
preferred (quar.)
—

7-10

1

8-13

(Chicago)—

(quar.)

8-

$1.17

—.—_

'

<quar.)__

A

7-10
7-

95c

preferred (quar.)
Provincial Transport Co., common (quar.i—
5%
preferred (quar.)
Public Service Co. of Colorado, com. (quar.)
4.20%
preferred (quar.)
4'%% preferred (quar.)j_—
4.64% preferred (quar.)
Puget Sound Power & Light (quar.)

7-15

Canada

of

American Life Insurance

7-20

1

7-31
7-10

7-15

Prince

6-25

10c

American

8-

25c

$2.50

$1.07%

common

Procter & Gamble Co.,

9-15

common

4%- adjustment
North American Aviation

-—:

7-31

9-30

Cloth

Western

8-15

47 %c

—

6-15

6-15

25c

Price

7-31

15c

Gas (increased)
(tpiar.)——
Newark Telephone Co., 6% pfd. (quar.)——
Newberry 1 J. J.) Co., 3:!)% preferred (quar.)

7-20

7-20

17Vac

pfd. (quar.)
4.70% preferred B (quar.)—,
Power Corp. of Canada, Ltd.—
4%% preferred (quar.)—
6% nqn-cumulatlve partic. pfd, (quar.)—
Preway, Hie. (quar.)

3

10-

GOc

Natural

W'ire

3

—

u.—————.—

Co.

7-20

8-1

7-20

Portland

11- 2

7-24
10-

—

Telephone (quar.)——
New England Gas & Electric Assn.—
Haven

.

5c

convertible

Portsmouth Corp.

6-24

35c

Brunswick

Common

15c

87VaC

$-5

*

415c

Neptune Meter Co., common (quar.)
$2.40 preferred (quar.)——-.—

6-19

7-27

Potomac

(resumed)—

Canada

8-14

30c

Portland

G-30

7-15

net

class A and B——-—

on

of

8-14

1

7-15

(quar.)

5%

G-2G

10c

series

Ltd.

9- 1
9-

(quar.)
$2.50 2nd preferred (quar.)
Porter (H. K.) Co. (Del.) 4JA%
5Va% preferred (quar.)____

G-26

$1.25

from

9- 9

I2V2C

Polaroid Corp.,

6-2G

7-

16c

payments are quarterly
investment, inccme.)

8-14

7-17

preferred .(quar.
(quar.)_
Plymouth Cordage Co. (quar.)
Plymouth Rubber Co. (quar.)

4

7-

8-

25c

series

Car,
Corp.—

„

;

Distance

Company,

$3.50

4

$1.12%

series

Steel

35c

Plastic Wire & Cable

(All

National

Long

1

1

50c

(quar.)

Pittsburgh Standard Conduit

'

Nationwide

(quar.)

PIttston

*

com.

9-

8-17

35c

»

pine Islands Foreign Exchange Board)
Piedmont & Northern Ry. (quar.)
PUIsbury Co., $4 preferred (quar.)—
Pittsburgh Brewing Co., common (quar.)
$2.50 convertible preferred (quar.)—i
Pittsburgh & Lake Erie RR

7-17

7-15

27 %c

(quar.)

7-15

(Me.)—

Quarterly

7-15

5c

—__

preferred B

1

10-

45c

(quar.)

preferred

PiiiMppine

Series-^-

National Balanced

preferred

preferred

Morris, Inc., common
3.90% preferred (quar.)
4% preferred (quar.)

7-15

1

(quar.)

(quar.)__.
(quor.)__

Co.

Philip

3

8-

8-14

Stock dlv. (SubJ. to approval of the
Philip¬

(quar.)

preferred (quar.)
5%
preferred (quar.)__
National Securities & ftcsearch Corp
Securities

Gear

&

Cement

4.40%

6-23

8-17

$1.16
$45c

Corp.

3%

4.68%

proposed

4%%

National

Machine

6-19

7-15

7-10

1

8-

$1.06Vi.

Philadelphia & Trenton RR. (quar.)
Philadelphia Electric Co., 3.80% pfd. (quar.)

7-21

7-25
9-

20c

dividend

7-15

7-31

0-23

$1.06

Voting common (increased quar.)l
Non-voting common (increased quar.)
Peoples Gas, Light & Coke (quar.)

10-30

8-

6-30

.

(quar.)_,
Glass Sand

4.30%
56%c

t

6-26

Ltd.

Stock

7-11

-

7-10

7-10

t'.

preferred

Permancnte

1-17

7- 0

7-25

22VaC

(quar.)—

Pepsi-Cola General Bottlers, Inc. (quar.)
Pepsi-Cola United Bottlers (resumed)

6-30

7-3f

7-31

T

Penobscot Chemical Fibre Co.

'

6-29

7-15

pfd.

(s-a)

4.64%

6-26

25c

(quar.)___
(quar.)

Pennsylvania

7-27

7-31

37Vac

4Va%

preferred
preferred

Pennman's

■"

0-30

8-14

12VaC

—

(quar.)

4.25%

8

8-28

7-15

Pennsylvania Power Co.—

6-10

10-

$1.50
7Vac

Co.
(quar.)
Electronics
(quar.)

,

t,

(quar.)

&

Penn Traffic Co.

4.24%

425c

Co.

Peaslee-Gaulbert Corp.,

5c

Hosiery Mills, Ltd.
Class A (quar.)
Class A (quar.)

6-19

7-15

0-30

7-10

______

preferred (quar.),
6V4%
preferred
(quar.)
National Fuel .Gas (quar.)_—

National

6-26

6-19

0-30

(quar.)

common

(quar.)

Packard-Bell

common stock-

common

7-15

7-10

7-10

—

Co.,

7-15
6-19

,

7-10

1

common
(quai.)
(quar.)
(quar.)
National Clicmieal & Mfg. (stock dividend)
National Co., Inc. (Mass.)—
*
A special nientkig of stockholders has been

Finance

7-15

$1.41

1

'Co.,

National

.

$1.54

preferred

6-26

8c

Co.

a

(quar.)—

$1.09
$1.10

pfd.

6-30

9-1

*<——

Machine

7-18

1

7-15

6-30

8-

(quar.)

approve

1

8-

65c

7-10

8-

Register

Welding

8-

$1.25

7-10

7-15

—

spHt of the

29] Jc

O

7-10

9-15

37 %c

July 10 to

8-14

$1.25

7- 2

60c

Stock dlv. (1 sh. of Karda Ultrasonics Cferp,
for each 100 share* held)Narragansett Electric, 4%% pfd. (quar.)
National Aeronautical Corp.
(increased)

on

1

40c
$1.13

7-17

37 Vac

Electric

9-

6-19

Perkins

two-for-onc

7- I

$1.25

6-19

6.16%

.

called

7-15

7-15

Pacific

^

National

7-

25c

7-15

1

t20c

shares held)

Biscuit

7- 3

7-24

.

$1.12Vi

Light Co.,
preferred (quar.)_
preferred (quar.)
5.64%
preferred
(quar.)

tfarda Microwave Corf). (N. Y_)—
>
*
Stock div. (I sh. of Narda UJtrasonica Cbrp,

Cash

7-14

7-24

20c

60c

x

&

7-31

50c

preferred

National

8-14

$$1.75

8-14

5%

'

100

7-14

$1.18%

$1.50

Inc..' (quar.)_

for each

6-20

8-14

..

$1.18%

Power

$1.05

split)-

(quar.)

7-15

1

9-10

7-10

*25c

(quar.)

8-

15c

Ltd.

(quar.)

(quar.)—:

20C

(quar.)

(quar,)
Rice Mills,

8-

25c

(quar.)

preferred

$4.75

80c

Royal

preferred

6-29

6-30

10%

Inc., common

7-10

.

7Vac

—

Corp., $4.36
preferred (quar.)

50c

Corp., Ltd., common
Morgan-Guaranty Trust Co.-of New York—

-

7-10

7-24

20c

(quar.)
(quar.)

(quar.),:

Lighting

40c

Moore

Mutual System,

Electric

1

$1.06%

Power, $4.20 preferred (quar.)____
preferred
tquar.)
Montgomery Ward & Co., common (qua4)~

Motorola,

7-31

7-24

25c

25c
_

(quar.)

(quar.)„
(quar.)

&

7-15

15c

$6

3-for-l

8-14

4.52%

Montana

after

Co.

7-31

.7-31

61 Vac

—_

8-14

Corp.—■

$25

(quar.

Co.—

Gas

6-30

8-14

Co.

6c

Paper (quar.)
(quar.%__
i

quar.

7-20

7

31c

preferred

Pacific

8-

25c

Equipment Co.—
(stock dividend)

Power

Inc,

preferred

85c

Auto

(Increased

Insurance

Chemical

Finance

4.75%

9

425c

Ontario

Mississippi Valley Barge Line

Montana

$1.06

8-

59%c

(quar,)
(quar.)
Fiberglass Corp. (quar.)
Oxford Paper Co., common (quar.)—
$5 preference (quar.)

7- 1

•<

7-31

93 %c

1V4C

6-30

Owens-Corning

20c

'

7-10

7-15

(quar.)

common

(quar.)-—

Life

Valet,

Elevator

1
1

7-30

20c

preferred

Otis

9-

9-

—

Ontario Steel Products Ltd., com.

(quar.)

G-30

Chemical

Gas,

;

OUn Mathieson

7-20

Common

Republic

8- 7

30e

(quar.)

preferred

6- 3

6-30

20c

One-IIcur

7-24

Glass

Natural

7- 2
7-10

25c

(quar.)

common

6-22

(quar.)__

(s-a)

common

Electric,

preferred

7-10
9-18

1

fl5c

(s-a)
&

10-

40c

6-22

7-30

Mississippi

(quar.)

7-15

12c

4.22%

1

8-

25c

7-15

25c

4%%

7-15

6-30

8-

Cement—

£20c

:!

Laboratories

Indiana

1

7-15

25c

u

Old National Corp., class A
Class, B
......^.—,,

7-16

Monroe

Portland

417 %c

.

r

preferred
preferred
preferred

8-

6-30

J2VaC

ZZ-

(quar.)
preferred
(quar.)

4.24%

6-12

-

414%

25c

A

6-30

6-30

7-15

7-15

25c

(quar.)
(quar.)

com.

preferred

Oklahoma

£30c

States

Gas

4.92%

4%

7-16

$2.50

7-15

..

preferred

8-

1

North

$1.02Va

(quar.)„..._.

Oklahoma

20c

&

&

B

Oilgear Company (quar.)
Oicanagan Telephone Co.,

6-30

1

North

6-30

6-30

$1,04

Nova Scotia Light & Power Ltd.

0-30

7*15

7-15

,

"-6-17

■

7-15

Class

6-30

7-15
7-15

$1.023/4.

Quarterly

&; Telephone Co., Ltd.—

Aluminum

Northern

(quar,)

(quar.)

Preferred

pref.

Co,/5<%

Valley Ry.

Northeastern

7-22

7-15

8-

New

7-31

15c

+

31%% V
31 %c

Corp.

(stock

35c

$1.50

8-

New

8-25

7-20

$1.02

Engineering Co., class

Northwestern

7- 8

$1.10

Neon

9-15

Extra

7- 8

1

6-30

8-17

15c

Quarterly
Loblaw

3

6-30

8-10

30c

,_u

Stock-split ("4 share for each share
held;
L.
—1

Lincoln

8-

7-15

tl5c

income)

Corp., common (quar.)_
preferred (quar.),,
Fabrics of New YorkLoan

-12-16

1

(quar.)
.

1

$1.22%

9-16

1

25c

__U_—

1_—

——

88-

common...:

(quar.

Minnesota

7-15

7-15

.

45c

(quar.)u——

Stores

Common

Liberty
•

common

$1.06%
$1

com.
(initial)
(monthly)
Miller Manufacturing, class A (quar.)___
Miller & Rhoades Inc., 4(4%■ pfd. (quar.)__

7-18
•H

Sons—

preferred

Lehman
Lerner

&

30c
15c

preferred A, (quar.)l——iL,—
conv.
preferred B (quar.)
:

3.85-%

9-

100%

u_

i

dividend

.

-

7-15

15c

Casualty

B

Stock

fquar.)

Northrup.

(quar.)

preferred (quar.)
preferred
(quar.)
Michigan Seamless Tube, new

6%

8-25

27Vac

—

(quar.)_
Telephone Co., Ltd.,

Northwest

8-31

7-25

4.90%

-

;

1

(qu&r.p

A-

Stock

Lees

12-31

-

Lazard -Fund; Inc. (from net inves.
Lee Rubber & Tire
(quar.)

"

1

9-30

:

Sdcordr.Gandy Shops (quar.)z
Laurentide Acceptance Corp. Ltd.—

,5%

8-

+$1.75

Laura

"Class"

A

9-10

4.40%

7-15

1

'

.

■

;

Extension- .University'

6-30

"^7-15

1

8-

17% C

preferred, (quar.)

Lainstpn Industries, (quar.)
Stock dividend,

'

8-

13aAc*

Quarterly*
Latec

6-30

"

1

$1.75

_

Common

8-

6-30
*

7-20

7c

_____

-

2nd preferred (quar.)_—
;
Kuhlman Electric Co.,5%% pfd. A (quar.)
Lambert i Alfred)
(quar.) ——
I
_______

;

7-15

I7%c

—

7%

6-30

7-15

3c
'

(monthlyrU

—*

6-30

7-15

.

50c

._

A

pfd.

(quar.)
Extruders, Inc. (initial quar,.)
Michigan Central R. R,- (s-a)~
Michigan Gas & Electric Co.—

inc.

—

Knickerbocker Growth

6-15

25c

414%

income)

Class

from

50c
•Kratter

7-1

'V

net realized p.roftts)

_

7-15

35c

C8c

Keystone Low-Priced Bond Fund
L "Series
from net invest, income)
Keystone Lower-Priced Com. Stock Fund

*

4

Keystone Custodian Funds-

Class

$25c

Miami

6-30

5c

5c

Income Fund

7-17

(initial quar.)

National Casket

5c

Kerr

&

National

.

8-1

McQuay-Norrls:. .Mfg.

8-14

9-

.preferred'(quar.)

conv.

1

.9-

(quar.)——

Inc.,. common

9-

$1.05

(quar.L————

.-Kellogg Co—
•
3%% preferred' (quar.)

mvzc

1

6

8-25

$1

_—

4% *non-,cum.-preferred

-

7-

8

$1.12%
_v__——

preferred (quar.)
Kansas City Southern Ry.

9-

95C

._.—

(quar.)

4.35%

7-15

7VaC,i-

u___—

Kansas City Power & Light
3.80% preferred--(quar.) ______—_________
■-

8-

Hegeler Zinc Co
May Department Stores, common (quar.)
$3.75 participating preferred
(quar.)
3%% preferred (quar.
$3.40 preferred (quar.)_
McCabc Grain> Co., Ltd.
(quar.)___
McGregor-Doniger, Inc., class A (quar.)

Mount

Kaltman

8-15

9-30

9-15

preferred

Northern

$2.50

6-30

10-23

t$1.50

(quar.)^

$4.16

(quar.)

Ltd., 5%

&

Massawippi

7-15

Joy'Manufacturing Co. .(quar.)_____—

,

6-30

(quarterly from

*

-

7-15

Ry.—

9-18

7-10

7-24

+400

(quar.)

preferred

(s-a)__,

1

7-31

90c

preferred

Massachusetts Investors .Trust—
Share of beneficial interest

8-17

93%c

t

-Kalamazoo

Louis

Holdert

J69c

^

$4.11

% Initial

__•

(quar.)

Co.—-

preferred B (quar.)

Montrose
Jafttzen

$4.08

10-23

31 %c

;

40c

10-

50c

(quar.)

$4.10

(quar.)_____

Maritime Telegraph
Common (quar.)

7-15

1

9-

40c

(quar.)___

Co.

8-

15c

$4.36-

Iron

10-19

;

(quar;)__

com.

$4.22.

preferred (quar.)
preferred (quar.)
Fireman? Manufacturing
late! Fund, Inc
a

$2

1

2

11-2

25C

Island..__

1- 20

1

8-

11-

;

37VaC

1

preferred
preferred

6-30

Maple Leaf Gardens,
4%. preferred
(quar.)_____

Miles

(quar;)

Investors Trust* Co.' of Rhode
Iowa-IllinoiS
.

_■

Island—•
25c

*'

9-15

9c

___ __

Investors Trust Co. of Rhode

-*•

■

9c

_____

B' (•qUar.)

11-

$3.60

6-30

(N. Y.) (quar.)
Ltd. (quar.)

7-24

"6-15

t60c

"

dlass*
6%

6-19

tGOc

Investors Funding; class A (quar.)
''

7-15

.

t75c \;

6%%pr<^rreiit quar.)_____—
kCommon (quar:)
6%'* preferred (quar.

*

Ltd.

Forbes,

R.)

Matthiessen

Ltd.—

6%:
partic; preferred (quar.
International Harvester Co., common

7-23

7-15

4

31 Vic

8- 1
7-10

(quar.)

New common

net

.—.—_—

9-19

When

Payable of Rec.

t40c

"

(quar.)

1st

32 VaC

(quar.)

eom.

preferred

Co.,
B

Corp.,
(P.

Maryland
and

1

1

(quar.)

com.

preferred (quar.)
3.60% 2nd preferred
(quar.)
Northern States Power Co.
(Minn.)—
Common .(quar.)

Mansfield Tire & Rubber—

6-30

Fund—

Powders,

&
&

preferred

Marsh Steel

5% preferred B (quar.)
Bronze

H.)

preferred

Alallory

I-

7-10

profits)

7-

5Va%

common

Ry. (quar.)
Power, Ltd.,
(quar.)—,

Common

50c

Manufacturers Trust Co.

Inter-County Telephone & Telegraph Co.—
International

(R.

Andrews

6%

U5c

7-15
10-

$1.75

Hading Drug Stores

A*.—

income

(quar.)

(quar.)
Gas> Co.
(quar.)

1

(quar.)

1

1

y7-10

.!

Quebec

7-10

Co.

10-

11c

24c

investment

from-* securities

(quar.)__

(quar.)__,

(Walter M),

Lunkenheimer

Institutional-Securities Ltd.—

V

8-

15c

Per

Share

Telephone,

-

preferred

Macy
4%

—

com.
S.

7-

preferred
(qiiar.L,

Power

Mac

Ltd., 60c pref. (quar.)—
Inland Cement, Ltd.', 6% partic. pfd. (initial)
Inland Natural-Gas; Ltd.,' 5%
pfd. (quar.)_

/':■-(

4V2%

Lawrence

8-19

Bed,

institutional.', Growth

St.

7-15

Industrial Bank of Commerce < N. Y.) (quar.)

&

Lower

1

American- shares,-—+—,

Ingram

Louisville,
5% .non-cumulative

•

Pacific

6-29

7-15

$1.75

(quar.)
Henderson & St.

9-

(quar.)

Mexico

7-20

10c

(quar.)

preferred

7-31

(Mass.)—__—_

Indian'Head

Industria

5%

+31'%c

I—

:

pfd.

■

Ohio

Northern

of

preferred

Electric,

:t50c

Imperial Life Assurance Co.

Quarterly.

*

Gas.&

J371aC

.

(quar.).—_
of Canada—

approval

10%

5%

Co.,

non-cumulative 2nd

y7-10

1

?8- 1

SS^ic

6%% preferred (quar.)_
Imperial-Flo-Glaze Paints, Ltd.

Incoroorated Income

8-

55 »%c

~

4.70%

7-17

Dock

&

to

—_______

Angeles Athletic Club

y7-10
y7-l0

1

8-1

52%c

4.26%

1

.8-

51c*

1

7-

(subject
26)_

June

(s-a)

non-cumulative 2nd

7%

7-15

1

Co.

■'

Name of Company

Lord Baltimore Hotel—

7%

_

dividend

stockholders

Holders

Northern

G-15

Stock

>-

Northern

6-15

$J.25

(quar.

When

Payable 0) Rec.

V

8-31

Louisville
I-T-E

Share

Chain—

7-15

Huttig

5%

Steel

7-15

(quar.),——

Sasli & Door—
5%
preierred
(qpar.)____
5%
preferred
(quar.)
Hygrade Food- Products Corp.—
4r,c series A pfd, (quar.)__

Locke

J40c

_

*—

(quar.).

com.

Name oj Company

6-15

110c

p.

pref.

Foods

7,15

12 Vac

-

6.40%
Hunt

Payable oi Rec.

$20c

A

47

(quar.)

Engineering

(quar.)

A Reliance Mfg. Co. (111.) com. (stock dividend)

.

$1.50
t$1.50
25c
$1.25
50c
25c
15c

10- 1
7-10
7-24
10-1
7-10
8- 1
8- 1
8- 1
8- 1

6-19

9-

8

6-10
6-30
9-14
6-29

7-15
.

7-21 s7-21
7-15
(

45c

7-31

7-16

5%

7-15

6-25

Financial Chronicle

The Commercial and

.

.

Monday, July 6, 1959

.

(92)

When

Per

Share;

Name of Company

iieuolit Chains, Ltd.,

(quar.)

$1.10 class A

3.70%

7-

1

3.90%

8-

7-

1

1

12.(be

7-

1

8-

1

7-13

591aC

8-

1

7-13

7-17

7-10

St

20c

8-

1

1
I

7-10

Standard Tubo Co., class

8-14

$l.C2,/a

9-

8-14

9-

8-14

Ltd., 60c class A (s-a)—
Class B (Increased s-a)—
Stanley.- Aviation Corp. • (N. Y.)»——
Stanley Brock, Ltd., class A (quar.)—.——.

7-

$1.18:*4
$1.02'L-

3

8-11

9-

99-10

8-17

10c

7-15

6-30

25c

7-31

6-30

$1

7-27
7-31

7-10

JL954 certificates (N. Y. Sliares)--——-y.. $1.53743

5-27

Sterchi Bros. Stores

$1.50

—---»—

325c

Cavanmih

4.30%

12-15

12-

Power,

32 %C

7-17

7-1G

30c

9-15

8-25

2GC

7-15

6-30

22c

7-15

6-30

22 %c

7-15

6-30

25c

7-15

6-30

28c

7-15

6-30

15c

8-2G

7-22
7-22

8-20
7-24

6-30

GCc

7-15

6-30

(quar.)—

25c

7-15

7-

1

$1.09

7-15

7-

1

$1.31%

7-15

7-1'

preferred (quar.

'
—-

2%

—

(quar,)....,
Industries Inc. (quar.)

8c

—_
«>t

■

dividend—

—

25c

5%

—

.

7-

3

(quar.)

——;

;

8-10

■

class A (initial quar.)—
70c convertible preferred
(quar.)
Supertcst Petroleum Corp., Ltd.—
Common
regular
:
'Ordinary

■

Superior Window,

Stock

■

,

class A

Inc.,

7-ao

8-

1

7-10

Class.. B

8-

1

7-10

7-15

6-30

G-30

7-15

8-30

9-15

12-31

12-4B

7%c
2%c
40c

7-10

6-30

Warner

7-15

6-30

,

37 %c

—

(quar;)—.
——.———
$4 pfd. (quar.)
—
(quar.)
(quar.)——
—
Texas-Illinois Natural Gas Pipe Line-Service,

preferred
$4.G4 preferred

25c

7-15

7-1

40c

7-30

7-

%%'■

(quar.)
Texas Power & Light, $4 pfd.
$4.56 preferred (quar.)

Fetter

&

Co.

10c

8-1

7-20

10c

£>coit

—

(monthly;

9-

1

8-20

Tom

8-

$4-76

1

7-17

1

Finance

Co.,

—

(quar.)

8-

1
1

7;

5c
10c

7-10

6-18

Tidewater

8-

Increased
(quar.)—.Toledo Edison Co., common

7-10

7-

7-15

6-25

3%

9-30

9-10

20c

8-

1

7-17

Towle

$1.06%
10%

8-

1

7-17

Trade

6

.

(From investment income)
Cbareholdors' Trust of Boston—•

4%%

7-23

7-

8

Class

A

7c

7-30

G-30

10c

Traders

7-24

7-15
7-21

7-31

6-30

7-15

7-1

8-15

8-

___

$20c

—

:!".33%c

8-25
8-14

7-14

Common

7-17

$2.55

Co.,

&

9-

2

$4.90

2

9-

2

Western Pacific

7- 2

8-

1

7-

2

8-

1

7-

2

Trinity Universal Insurance

(Howard)

1

7-10

8-

1

7* 2

Western

9-15

1

8-15

7-15

6-16

common

-

1

7-10

$53c

(quar.)——«_

7-15

6-26

Sonotone

Corp., common (quar.)-——_
$1.25 preferred (quar.)
$1.55 preferred (quar.)_2

3

6-30

Two

7-31

6-30

:

GOc

7-15

7-

7-15

6-30

7-15

$-16

7-15

6-16

7-15

7-

Inc.

7c

9-30

9-

2

31 %c

9-30

9-

2

38%c

9-30

9-

7-

6-15

1

2

California Edison
^Common (quar.)—

Southern

——

7-13

6-26

4c

^

15c

7-10

6-30

3c

Southeastern

(quar.)—.—
Factors
(s-a)_-

7-10

6-30

Co.—

Udylita

Corp.
Union Electric

$3.70%
$4

7-31

7-

5

28c

7-31

7-

5

United Fruit

4.5G%

preferred

(quar.)

28 %c

7-31

7-

5

United

7-15

7-

1

California

4%%

Gas, 0%

pfd.

pfd.

$1.12%

(quar.)

6% preferred A (quar.)
•—
——
Soutliern Canada Power Co., Ltd.—
—

Common (quar.)
_i.2_j.di
6% participating preferred (quar.)
Southern Coast Corp. (quar.)Southern
4.72%

Coloxado
1st

Power

preferred

4.72%
.

2nd preferred

5.44%

preferred

Southern

&

Fire

7-15

6-30

7-15

6-30

6-30

Willett

8-31

7-31

Williams

7-20

6-30.

8-

1

4%%

1

United Keno

$62 %c

8-15

7-20

$$1.50

7-15

6-19

7-31

7-15

Quarterly

U. S.

7-10

8-

1

7-10

7-15

6-30

$1.20

8- 1

7-15

U. S.

1

7-10

8-

1

7-10

5% %

26 %c

8-

1

7-10

7-10

7-

9

55c

7-15

6-20

United

25 c

9-15

8-14

United

."

$1

12-10

11-30

(stock dividend)—

3%

Southern

Railway

$%

non-cum

(increased)

r'""

7-

9

Woodali

7-10

7- 2

7-

7-15

Investment




9-

2

6%

6-15

8-1.4

5-22

Stores

7-15

6-25

10-

8-

3

9-10

1

7-15

V

6-19

8-

1

7-10

8-

'

1

7-10

7

7-21

7-

7-15

7-10

(name
8-15

20c

5

7-21

7-30

6

6-22

9-21

10c

—

9-11

7-

18%o

——

8-

1

8-20

8-

$1.25

1

9- 4

11,

1-4-60

12- 4

35c

10-

8-

1

7-10

35c

11-

1

15c

7-

7

6-19

7-31

7-15

$1.25

8-

1

7-15

$1.26

8-

1

7-15

8-

1

7-15

25c

8-

1

7-10

1%

-

(quar..) 2!-——;——————

■

.■

Industries, Inc. (quar.)
Electric

preferred

(quar.)

—
——_

—— _

7-15
7-28

7-

1

20c

7-15

6-30

7-15

6-30

a8p

8-25

a4p
"4.44%

8-25

County Electric Co.—

preferred (quar.)

9-

1

8-14

9-

1

8-14

8-31

Yellow

Co.—

3

Zale Jewelry Co.

7-15

7-

7

7-15

6-30

9c

^

(quar.)——

7-17

6-2G

7-10

6-20

8-

1

7- 2

8-

1

7- 2

+30c

.

$56 %c

7- 8
G-30

4-0

1

7-15

8-

25c

Zeller's, Ltd.; - common——._
4%% preferred (quar.)
—
———

7-31

7-24

25c

7- 2

7-15

7-15

1

65c

(quar.)

Gas

8-

7-15

1

7-31

37%C

(quar.)———

preferred

eonvertbiie

County

Youngatcwn Steel Door (quar.)_—_——
Yuba Consolidated Industries, Inc. (quar.
_

7-15

1

I-

.»

8-17

8-

8-

$1.11

i.

25c

Cab

6%
York

8-14

;

—

Jr.—

Monthly

8-14

9

9

U5c

Corp. of Canada, Ltd. (quar.)
Woohvorth (P. W.;, Ltd., ordinary (interim;

6-30

9-

10-

Co.,

Power

(quar.)
Industries
(quar.)—%—-—

Worcester

% Payable

books
tax

7-15

a

Less British

y

Previously

8-

7-15

8-

7-15

8-

7-15

date

8-25

8-14

at the source.

Non¬

tax.

date was Incorrect. The corrected payment
date is indicated here.
:
15% Canadian non-residents tax.

published

record

in U. S. funds, less

xLess Jamaica income

7-15

8-

11-25

this dividend.

funds, tax deductible
resident tax 7%.

15%;

income

and/or

t Payable

not closed for

Canadian

In

8-

tax.

v

;

,,

mm ... m+m m ■■■

im

mm

»■»<

11-16

7-15

—

..

6-30

3

7-20

11- 2

10-19

7-20

7-10

7-15

7-

8-15

7-20

1

...I M-—

*

I

I

....

GENERAL CORPORATION AND

6-30

7-15
8-

8-15

INVESTMENT NEWS
(Continued from page 10)
will

balance

7-20

7-20

8-

1

Corp.,

7-

3

8-31

8-14

8

10-

1

added

be

to

for general

capital

working

corporate pur¬

1

$6c

7-20

6-19

$2.50

7-10

10-10

poses

2788.

p.

7-24

7-10

Pan American World Airways,

9-18

15c

62%c

8-

8-

1

1

7-

3

1

7-

3

8-14

7-12

6-24

7-

8

6-11

ioc

7-

8

6-11

50c

7-10

6-22

ioc

7-26

6-19

7-15

6-22

This

1979

on

a

held

June'29 filed

Exchange

and

.

7-15

of

7-15
8-15

7-24

5%

pfd. (quar.)

$1.25

7-

1

6-19

United Telephone

5%

pfd. (quar.)

$1.25

7-15

6-30

a

registration

statement

with' the

on

July 29; rights to expire on
and Weeks
will manage

Aug. 11. Lehman Brothers
nationwide underwriting

a

group.
The proceeds will be used as an addition to working capital, or as
portion of the funds required in connection with the acquisition of
jet-powered aircraft, including all cargo aircraft and related flight and
ground equipment, or both.
'

a

States,

with

routes

the world .from the continental

extending over approximately

United

70,000 route miles.—

189, p. 2569?

6-30

$1.50

Registers With

Commission covering a proposed offering to
convertible subordinated debentures due
debentures for each 14 shares of capital

Hornblower

and

6-30

17%c
17%c

—

$46,962,100
basis of S100 of

stockholders

V.

United Telephone (Indiana)

Pan-Atlantic
Chartering

Inc.,
—....

(Kansas)

company, on

Securities

Company serves most areas of

(quar.)

Inc.

Securities and Exchange Commission—

stock
9-

10c

(quar.)

Appel each owns

Abraham

Fund, Inc.,

6-19

50c

(quar.)

class" B

138,696 Class B shares; and Madison
owns 60,000 shares of the Class A stock.
The latter pro¬
to sell 30,000 shares of its holdings of Class A stock; and Messrs.
Pall and Appel propose to sell 5,000 shares of Class A stock each after
converting shares of their holdings of Class B stock into a like number
of shares of
class A stock
for purposes
of the offering.—V. 189,

and

7-14

37%c

common

has outstanding 132,700 shares of class A and 304,000
stock. David B. Pall. President and Board Chairman,

company

shares of

8-31

8-

87%c

$6 nfd.

The

7-20

8-15

8-15

7-

(quar.)_

preferred

Corp.,

7-16

■:

35c

Wool Combing

7-30

6-12

(quar.)„

Stockyards
convertible

7-31

20c

6-30

7-10

common

$5

6

7-15

Co.,

Common

6-30

7-27

—

$1.12%

S.

70c

preferred (quar.)

SoUtiiiahd Paper Mills (s-a)

•Souihwestern

__

6-30

common

Witco Chemical

7-15

7-15,

S. Smelting Refining & Mining Co.—

Corp.

Co.

preferred (quar.) ——
$5.04 preferred (quar.)-—
$5.08 preferred (quar.)

Corp.—•

U.

preferred

7-15

Wisconsin Public Service Corp.

7-10

9-30

(quar.),

U.

7%

7-15

+15c

$1.27

7-10

7-15

B

Radium

v

$1.43%

—

1

7-15

(quay.),
Plywood Corp., common (quar.)—

8-

Tele,

com.

4%%

15c

6-15

^

3-17

—.—————-

1

60c

preferred (qiuu\)
U S Fidelity & Guaranty (qdar.)_;
U. S. Foil CoH class A (quar.)

Power-

6-15

.

75c

(quar.)

1

9-14

(quar.)—

7-10

27%C

—

&

8-

$8c

(quar.)

6-26

Class
—

1

$1.50

Stock dividend

8-

$2.50
Publishers

Chemical

8-

$2

Stock dividend—

8-

.

Canal

8-T

&

7-15

30c

(quar.)

Wisconsin

25c

7-15

Borax

7-15

$35c

* 62 %c

$1.25

(quar.)—.
Industries—

Windsor

$1.06%

2C

(quar.)

Co.

Bros.

8-15

1

12%c

:

8-1

22 %c

(Consider), Inc.

7-10

(quar.)

—

&

$50C

,

Williams-McWiDiams

1

13%c

Ltd

Jersey RR. &

Printers

6-19

25c

8-

(quar.)

59c

(quar.)

(lncreassd-quar.)
preferred (initial)

Engiana

Hill Mines.

6-20

6-30

(quar.)

7-15

8-

50c

United Shoe Machinery Corp.,
6% preferred (quar.)

Common

New

New

United

12%C

:

Wilcox Oil Co.

9-15

common

(quar.)—
Corp.

6-20

7-15

10c

Wilson

(quar.)

preferred

6-20

T-15

Co.—

Yards

changed to Wilbur Chocolate Co.;
preferred (quar.)

7-15

$1.12%

59c

com.

4.80% preferred (quar.)
Southern Materials Co. (increased)

Southern

Co.

6-30

$1.05

$5

7-15

8-

of America—

Improvement,

United-Greenfield

Southern Indiana Gas & Electric—

Southern Nevada

Gas

United
—

Union

7-15

$1
$1.12%

preferred (quar.)

68c

Co.,

(quar.)
(quar.)

(quar.)
Casualty

37 %c

37 %c

(quar.)__

4%%

6-30

poses.

(quar.)
(quar.)

United Biscuit Co.
65c

Pittsburgh Water,

Stock

9-

25c

preferred

(quar.)

7-10
7-10

8-15

$1

4%
preferred
(s-a)——
Wilbur-Suchard
Chocolate

Co.—

preferred

1

7-15

$1.12%

(quar.)
(-quar.)-

Wicblia

6-30

—

$4.50 preferred (quar.)
Union Gas Co. of Canada, Ltd., com.
United Airlines, Inc. (quar.)

preferred

Southern

—

1

8-

7-15

prior lien

resident

preferred (quar.)

$3.50

,4.48%
South

4%

Whiting Corp.

1

20c

—

7-10

3-

8-1

26 %c

—

7-15

87%c
92%c

(quar.)

A

7- 3

—

(quar.)—

Guys From Harrison, Inc.—

Class

7-15

(quar.).

7-31

25c

(quar.)

25c

2%

Tclcgtwph Co. (quite.)
Wheeling & Lake Erie Ry., com. (quar.)

1

$1.38

(quar.)

pfd.

8-

25c

Street

6-22

7-17

.

$1.12%
$1.25
62%c
62 %C

(quar.)

6-22

7-15

8-5

56c

Securities, class A (quar.)

RR.

preferred

0%

~

Quarterly

40c

——

A

Salle

La

.

$1.02%

(quar.)

Common

25c

preferred

South

30c

—

(quar.)—

(J. Hungerford) Co. (quar.)—
Co.. (quar.)—

5%
208

$3i)C

Western Union

7-30

(Dallas) (quar.)

Temper Corp.
4%%
preferred (quar.)_.i.

7-24

7-15

Western Tablet & Stationery Cxwp.—

1

9-

63%c
$1^2%
$1.42%
$1.49

True

7-15

8-

$25c

——

Paper Mills

5%%

8-

Ltd.—

Aircraft

Southdown,

$45c

8-20
■

$1.25

Ltd., class B (quar.)—
Precipitation Corp.
(quar.)~———

♦Transfer

—

7-17

8-14

$1.06%

Western Plywood Co.

Corp.—

$5.70 preferred (quar.)
$5.96 preferred (quar.)

1
9-15

30c

.

Western Insurance

7-21

Quarterly
.

(quar.)

Sorg Paper Co.,

preferred (quar.)
preferred (quar.)

2

10-

6-23

3

15

-~L

9-15

10-

25c

10-

7-27

7-

lb

(quar.)

A

(quar.)

8-10

7-21

(quar.)

15c

—

Smith (A. O.) Corp.
Smith

Line

Pipe

7-31

90c

1

7%c

2%

(N.) & Company Ltd.,
'$2.12 preferred (quar.)--—

Solar

Gas

Ltd., class

$1.40 preferred

(Del.)—

Inc.

8-15

(quar.)——

Co.

7-20

25c
50c
20c
?40c
22%c

—

(quar.)—
(quar.)—

(quar.)

+50c

dividend

■Slater

Smith

A

$56 %c

(Bherwin-Williams Co. of Canada, Ltd.—

$1 preferred

Airways,

class

Transcontinental

(•quar.)——

Quarterly .;
Cimms (T. 8.)

Caribbean

Electric

Wrigley (Wm.)

Y.)

7-31

:

7-20

$1.14

(N.

8-15

Power—

Western Grocers,

1

7-15

7-15

$1.12%,
?25c

(quar.)

9-10

10-

—

Building Assn. Ltd.

Common

Pcnn

Western

30c

(quar.)

Trust

8-15

3- 3

25c

preferred (quar.)—
4.20% preferred B (quar.)
4% % preferred (quar.)————

7-10

1

7-31

——50c
(quar.)
—
17%c
$1.06%
:
— $1.06%

(quar.)-,——

Co.

9-1

25c

$1.25

4.10%

8-

32%c

Company (quar.)
Transamerica Corp. (quar.)————^

Trans
—

4'/a % preferred B (quar.) 4% preferred A -(quar.)—
(Sheraton Corp. of America (quar.)
Stock

Mfg.

Bank '<fc

8-15

—

West

7%C".

preferred (quar.)

:

9-15

2-15

'

(Delaware;—
:

Trane

—

income—

(quar.)

preferred (quar.)
preferred (quar.)

4.56%

Toledo Scale Co.

Chawluigan Water & Power Co.—
Common

Co.

(quar.)

6-22

8-15

—

(quar.)
(N. Y.) (quar.)————
(Minnesota)—

Guaranty Co.
Insurance

5c

————

..

(quar.)

;

7-17

9- 1

$35c

8-26

1

Co., $1.20 preferred

Title
Title

4.25%

,

investment

Oil

1

7-15

1

7-31

40c

♦Security Insurance Co. of New HavenCommon (quar.)-'..-——————
$4.25 preferred (quar.) —■
4-clborling Rubber Co. (stock dividend)——
Selected American Shares, Inc.—

.

(MaSs.), class A

Corp.

Corp.

Mfg.

Pictures

Company

8-15

(quar.)

9-

Securities Acceptance Corp.—
dividend

B

6-18

7-10
7-10

$1.18%

$4,75 sinking fund preferred (quar.)
Plywood & Lumber
CecurUj'-Columbian Banknote. (quar.)
Cdcurity Storage Co. (Washington, D. C.)~—
•= Quarterly
•;>-L.2—.
Ceapak Corp. (initial—A——i
Seaboard

Toro

(quar.)..——
Trans Caribbean Airways, Inc.
Class A (quar.)

25c

—

Class

7-17

8-

$1.25

(quar.)_—

common

$5 sinking fund preferred

'From

—

7-10
6-26

-

7-15

-

85c

$1

$3.40 preferred (quar.)—
$4 preferred (quar.)——

Stock

(annual)^

Royalty

Time* Finance

Ccoft Paper Co.—

IScuboard

Bell

3

8-14

—

13c
30c

—

preferred (quar.)
———J—
$4.84 preferred (quar.)
—
—
Thompson (H. I.) Fiber Glass Co. (quar.)

27V2C

1

8-

$1.37%

Washington Gas Right, common (quar.)_.—
$5 preierred (quar.;
——
$4.25 preferred (quar.)
Waste King Corp., com. (stock divid.;
r
6% conv. preferred C (quar.)

.

(quar.)

7-

7- 7

7-10

25c

(quar.)——
-Goodcrham & Worts, Ltd.

30c
$1
$1.14
$1.19
$1.21
12%c
lc
13c

—

8

"6-29

6%

.

2%

preferred

7-

75c

(quar.;,_

com.

9-30

$40ci$l
$1
$1.14
$1.16

...

of America,

Quarterly—

20c

(quar.)

Electric

•.

3-1-60

(quar.)

Common

6-30

7-15

.

8-15

(stock dividend)—...

Canada, Ltd., common

1

16c

common

Walker (Iliram;

Warner Bros.

"

fJchoring Corp., 5% conv. pfd. (quar.)
♦Schuster (Ed.) Co., common (quar
Schwltzer Corp.—' •
'iC;.--'- W'
COnimou '(increased)
8 % % preferred iquar.j—

Walker & Co.,

6-30

8-

25c
25c

Haute Malleable & Mfg.

"Texaco

7- 8

8-

15c

8-27

(quar.;

7-15

1

7-10

4%% conv. pfpl. (initial-quar.)
■—Ventures, Ltd. —-—;—
—.———
Virginian Railway, 6% preferred (quar.)—
Volunteer Natural Gas (stock dividend;.—

7-10

(quar.)

1-15

7-31

(stock div.)-_

Vanadium Corp.

2%%

dividends.—

Talou,

10-15

10c

7- 3

6

9-10

■

1

8-

—

6-30

7-

6-30

7- 3

12%c
J25c
5%
preference (quar.)———
I$l.25
Symington Wayne Corp- (quar.)
15c
T» I. M. E., Inc.
(quar.) —17%c
Taft Broadcasting
(initial quar.jr_———10c
.

7-15

11-

oOc

—

7-20

—

1

2-1-60

87 %c

d,—

Company

7-15

7-15

25c
35c
40c
8c
17 %c

.2---

——

8-15

8-

87 %c
—-

Company

Utility Appliance Corp., com.

9-10

(quar.)

11-13

7 Vac

Valley Mould & Iron Corp., com. (quar.)——
$5.5»-(prior pref. (quar.)
—~
Van Camp Sea Food Co. (quar.)—.—-—
Van Scivcr (J. E.), 57o class A pfd. (quar.)

7-15

—...

$4.56

7-20

8-10

7-14

9-15

Co.

xW,

7%c

7-15

9-11

Texas

C-30

6-18

1

8-

1

Terre

7-13

7-10

1

Oil

Lens

1

(quar.)———

Technology Instrument

7-24

Upson

10-

4%

Stock dividend

Baxoii Paper Corp-

—

7-17

87 %e

Upjohn Company (quar.)

7-10

10-

6-30

7-15

6-30

'

Extra

15c

com.

(N, Y.)

7-10

1

Universal Matc| Corp.—
Stockholders approved a two-for-one split

25c
30c
7% 1st preferred (quar.)—————
43He
Stockton, Whatlcy, Davln & Co.——.—
10c
Stone Container Corp.
(quar.)
20c
Strawbridge & Clothier, common (quar.)—25e
Stubnit/,-Greene Corp., common
(quar.)—12%c
60c
preferred (quar.)
—
—
15c
Studio Apartment
—
4.0c
Sun Life Assurance Co. of Canada (quar.)*-,
?$1.25

preferred

Super Mold Corp.

I

6-425

56c

4%%

Sun

1

20o

preferred (quar.)---.—:
Cawhlll Tubular Products-

Stock

9-

3Cc

5)4%

fSchcnley

6-26

——ii——-

(quar

Electric «fc

6-2G

7-24

$1.25

.

Co,

7-24

$1.25

■

Map

7-31

9-15

h—■

(John B.) Co., common
Stix-Baer-Fuller Co., common (quar.)

6-29

7-31
8-31

—

Stetson

3S1.25

Ctelada-Shirriff-IIorsey, Ltd. (quar.)
Can Diego Gas & Electric, common (quar.)
4.40% preferred (quar.)
412% preferred (quar.)
5% preferred
(quar.)——
5.00% preferred (quar.)——.
Can Juan Racing Assn., com. (initial)——
Voting trust certificates (initial)
Can Miguel Brewery (quar.)—fjfcnborn Company (quar.)————•
—
fhxhborn

7-20

10c

preferred A

Increased

7-20

6-25

25c

(quar.)

1

.8-

7-16

7-28

$40c

(quar.)——

Sterling National Bank & Trust
Stern & Stern Textiles Inc.—

6-30

8-10

10c

-Joseph Light & Power
..
—
Lawrence Corp., Ltd., common

5%

7-15

35c

(quar.) —
(quar.)—
<flt. Louis-San Francisco R,y. Co.—
5% preferred A (quar.)-—.—
—
5% preferred A (quar.)
CI. Paul Fire & Marine Insurance Co.—
C>t.

6-30-

8-10

—

Ct.

6-30

7-15

Extra

6-30

7-15

.

(quar.) ^

Sterling Electric Motors Inc.
7-15

(monthly)——

Cafcway Stores, common
Common (monthly)

——

8-

35c

50c

1

Univis

'

6

7-

$1.18

Universal Controls, new com. (initial quar.)
Universal Loaf Tobacco (quarJ—

9-14

12-

7-20

$1.25
$1.25

——

5-27

$1.25

1

7-15

SlOc

—

preferred (quar.)

tt%

preferred

7-17

30c

—■

(quar.)
*
(quar.)—
(quar.)

7-10

Investment Corp. (Boston)—20c
Steak 'n Shake, Inc. (Delaware) "(quar.)—
7yac
(Btecher-Traung Lithograph Corp.—

7-8

$1.37%

Conunissiou)

(quar.)—

7-8

$1.12%

preferred (quar.)—«_
preferred (quar.)
preferred (quar.)-——
—
6% preferred (quar.)-—.—
♦Ryder System (increased quarterly)"(2-for-l split, subject to approval of Inter¬
5%%

B

preferred

$3.50

(quar.)

7-10

State Street

5% preferred (quar.)Steel Co. of Canada, Ltd.

fioyal McBec Corp.—
5%

Class

7-15

10 c

—-—

—

StnnflcltLs,

8-14

50c

$1.23:!i

Shares-

Standard

$3.50

7-23

t30c
+40c
20c$15c

7-15

45c

7-20

7-20

1

10-

93%c

preferred "A" 'quar.)
Standard Products (year-end)—
—
Standard Radio, Ltd. (quar.)—
Standard Railway Equipment Mfg. (resumed)
3%%

7-10

25o

;

preferred

(Ohio)—

Standard Oil Co.

9-

6-29

.

$3.50

12-18

15c
15c

—

Common

8-

50c

7-25

6-

7-15

8c

xtlorer (Willlsmi H.), lire, (quar.)..—
,w
-Clonal Dutch Petroleum <N. Y. shares)—— $1.53743

Commerce

(quar.)—

7-20

7-20

8-

30c

J.) (quar J—
A (quar.)

(N.

7-20

8-

*
—

7-20

8-

$1-10

$1

a

7-15

10c

(quar.)—
preferred "F" (quar.)———
4.10% preferred 'JH" (quar.)—,——-—.
4%% preferred "1", (quar.)——
—
4.10% preferred "J" (quar.)——.
4.95% preferred "K" (quar.)
»C: oc!;v/ell-Standard Corp. (quar.)
—
lioddis Plywood Corp.
(quar.)-——:—
,
~4tohr Aircraft Corp. (quar.)——.

state

B

Share

.

(increased annually )
4%% class A preferred (quar.;
5%
class B preferred (s-a;
United Whelaii Corp., common (quar.)__—

7-20

8-

25c
?15c
25c
40c
10c

shs.

4%

(special)

Class

7-20

8-

ancfdr FI r c"Tnsu'r a lie c

Standard Holding Corp., class

7-20

8-

30c

..

^Rochester Gas fc Electric, com.

4iopei» Industries

4.60%;

Spokane

88-

HZ,,
27%c
92%c
97%c

(quar.)—.
(quar.)—
(quar.),
(quar.)
(quar.)—
—
International RR. (quar.)

4.40%

6-11

$1.12%

(N.Y.J—

(quar.)

4.36%

7-10

7-15

4.15%

(approximate)
Inc.

12-15

7-25

i$1.19

——

floan Antelojic Copper Mines, Ltd. Amer.
Ciobinson Technical Products,

1-1-60

15c

of Company

Name

United Wallpaper com.

Service,
(quar.)———
(quar.)

preferred
preferred
preferred
preferred
preferred
preferred
pretcrred

4.40%

When
Holders
Payable of Rec.

Per

Holders

Payable of Rec.

Share

;

Southwestern Public

9-15

93 %c

ttioh's, Inc., common (quar.)i_
3%% preferred (quar.).,.
—
«?iver Brand Rice Mills (quar.)——

-Rochester Button

9-15

l

25c
Tr

As<m.;(quaiv),.:—--—•-——- Reynolds Aluminum Co. of Camilla, Ltd.—
4%%
1st preferred (quar.)..
—
Iteyiiolds Metals, common (quar.)
4V2% 2nd preferred (quar.)
V 4%% preferred A (quar.)—
—
fihodesinn Selection Trust-Amer. SharesInterim of approximately 2 9/10c
•-—
fticvcrc Racing

Interim

1

10-

'

of Company

Name

t28c

_

«

—

Republic Supply (Calif.).—

-

10-

*27c
t5c

iquar.;...

$1.10 class A

When

i-Per

Holders

Payable of Rec.

I. i

an
£

~

was

agency

Steamship

Corp.—New Agency Formed,

completed on June 8 for Sea-Land of Puerto Rico,
newly-formed to handle sales, sales promotion and
fv.

Pinn

for

Pnn«

Number 5861

Volume 190

The Commercial and Financial Chronicle

*0

(93)
Atlantic Steamship Corp. headquarters of the
the steamship company's offices at Isla Grande

Valencia,

Alfonso

will

firm

new

in

be

Piper Aircraft Co.—Sales Reach New High—

airport in San Juan.
known» Puerto -Ricap
trucking industry

widely:

pioneer, has been named President of the new company.
Inaugurated'. between North Atlantic- and, Gulf
ports

in

.

.

May

sales

Miller

The/

and

Volume

of

The

Lkst- January,

its

on

between

run

is

Pan-Atlantic

Jacksonville,

two trailerships which
New York..San Juan and Ponce.

subsidiary

a

Industries,

McLean

ol'

engaged "ih- coaitwis'd and Puerto Rican trade.
Port Newark, N. J.-^-V. 188, .p, 2786."
> '

As

Inc.,

iy*. "

.

A

and

is

.

Drop Forge Co.—Additional Registration Details

Net
Net

a

stock, to be offered for public sale'by the present
through an underwriting group headed 'by'-Pulton Reld r
public offering"- price' "and underwriting terms arc to
supplied by amendment.
"•
"/://' ■ ■■■'"'
'■.■ ' ■
.':/
of its common

shares

Co..

be

This

.stock

fas well as 10.509' shares ot' 8% preferred; $100 part.
'stockholders' arc The National City:: Bank of Cleveland

selling

Vail,

L.

PA-18-A

the

for

Trustees

Will of Windsor T.

under- the

The

2893.'.... ■//% •'

p.

./■/••I/-'

66

Deficit.—V.

ported

and

.

agricultural

open

drilling

of

the

two

No.

V.

1959—4 Mos.—1958

;

$1,470,017

it

is

5,..the

J.

new

of

in

1,707,692

thus

age

V'

;■-'■•'

•"'*'

to

of

four

well

season

on

a

development

series

Smith, President/,"
of

Port

in

drilled

its various

of

Lake Erie,

by

acre¬

is

identified

*

due

in

blew

June

with

natural

a

approximately '450,000 cubic feet daily from a good
Red Medina.
Apart from the successful extension

■vvV-'v:tV'y:v;///• /•"*%y

best natural

open' flow

wells

In

the

Port

Dover

They

the

company's

completion

blew
to

consulting

in

earlier

1,000,000

of.-the

in

geologist,

the

month, with
feet daily,
the

cubic

No.

natural

a

step-out

3

open

floating

new

gas

type

well,

flow

Deposit
of

&

this

Trust

Co.,,* of

corporation,

Western
of

The

Eutaw

and

Baltimore.—V.

-y-' -y

■

189,

././

-

of

,

sec¬

It

oversubscribed.—V. 189, p; 2569.

was

its

This

filed

company

registration

a

statement

tlie SEC

with

daily

from

in,

Plan

At

the

natural

formation,

open

gas

He

type

location

to

new

platform "'Mr.

the

Lake

south

flow

well,

Cliff"

3

Place-Walpole No.

to

company

further

a

covering 104.699 shares of its common stock, for offering
employees of the company and its subsidiaries pursuant to its
Option Plan.—V. 189; p. 2893,

Stock

Port

miles

Petroleum

Co.

Awarded

—

-;W

Acreage Interest—
t

-

'

■

Another

•...«•

;

.

,

Sahara

Hjf0r

■

This company and its French
partners have been awai'dej&ganolher
exploration permit in the Sahara Desert of Algeria, according .- to K. S.
Adams, Chairman, and Paul Endacott. President of the company.,
The

new

concession,

known

Hassi

as

Chaambi;

is

390

feet

south

miles

Algiers and, some 60 miles" southwest of the Hassi Messaou4»=pil field.
It Includes 149.262 acres which' adjoin the southern
boundary of the
previously awarded El Morr exploration permit, and increases', the
that

of

black

to

dcres'.—"

469.492

v. ill have a ,25',i" Interest in the new permit and
with two French companies, COPEEa (Compagnie des

ciated

France-Afriqucj
tations

Petrolic-rest.

The
to

pet,

well

ot

Unit to

capacity

first

The

acres.

—V.

commenced

May

its

Co.,

Texas,

increasing ethylene sales
to 255.000,000 pounds

plant

is

built

The

additional

the

near

expansion

nd'^'Of

100'/>

extension

an

as

This

well

its

to

flowed

1959,

The

Lot

17

completion of-'another
field In Lake Mhracaibo,

oil

7.056 barrels of oil

pay

to

the south.

ol

Six large comparable

this

field

deliveries

and

the field approximately 1,900
producing wells havb*iiow been
crude

of

oil

McQee
V.

Natural

Oil

Gas

Co.,
Inc.,

Industries.

189.' pp.

El

and

Paso

Natural

Venezuelan

are

Products

Gas

Pacific

Co.,

PetroleuiSfC

Kerr-

Ltd.—

Development

Tliis corporation, which designs and builds? the Army VZ-8P^TPiasecki
"Sky-Car"i, on June 27 announced another company "first": the suc¬

—

Before

the

jet

achieving
cluded

F.

N.

with

take-offs,

the

power

Continental

test

The

hovering,

out

an

of

ground

of

a

tlk-

effect

President, said:
in

model

was

some

for

Pa.,

midair

plant

in¬

ancU'landings,

at

the

Defense

The

design targets have
"plan to,, proceed
Department."

oper.

revenue

oper.

expenses

Net
Net

—V.

rev.

from

railway
189,

p.

-

ry. oper.

oper.

ine

York,

New

will

Y.,

N.

up

to

the

187,

p.

48.

said

Baker

Its

.

;•

-

.

$1,976,905

:

,

916,202

2723.

which

upon

embarked

we

708.

p.

in

1958.

TTiere

.

President,

-

t

as

plant
own

to

meet

needs

the

and the

a

from

the

proceeds of RCI's

issue

handling

effective

makes

it

in

any

internal

especially

189,

of

human

150

-

*

'

i

$1,060,703

50.879

321,633

three

first

miles

space-environment" chamber

above

the

earth

Into

of

capable

simulated

a

taking

ionosphere

were

22

to

and

of

at

man

2037.




'•

>r

'

as

to

is

and -components for space vehicles.
"
•
■
Republic's -research center, now under construction, will house seven
space laboratories and 400 scientists and engineers
wording

specialized

problems

on

189,

p.

from

satellites

to

manned

interplanetary

travel.—V.

2831.

Republic
This

to

company,

Philippines,
1959

such

so

of

6%■

due 1982-under the new 1959 indenture
1959 debentures for the $8,900,000 debentures now
the three earlier indentures.—V. 189, p. 2893.

under

the

other
the

at

unit

Rosario

410

registration

basic
stock

purchase

Indicates
will

be

the

.

that

sale

disqualify said trustee from serving as
indentures. • The
company
proposes
to
issue
to

debentures

located
a

Street

with

statement

shares of

Binondo,

the

SEC

capital stock.

on

Manila,
June

29,

minerals

of

sale

will

and

metals

in

the

The

Philippines.

Net

its oil exploration program
drilling equipment, supplies
and
materials;
to contract with U.
S.
geophysical contractors for
technical services; and to pay its pro-rata share of the dollar explora¬
tion
expenses under its
agreements with three other companies for
joint exploration of concessions held in the Philippines. The prospectus

an
application of Public
an
order
declaring
that
Pennsylvania Banking And Trust Co.nrd.ir
indentures, and its trusteeship under a proposed'
likely to involve a material conflict of interest

four

the

under

filed

covering 1,250,000

oil0 and

order granting
Philadelphia,
for

necessary

& Development Corp.—Registers
Exchange Commission—

shares are
to be offered for public sale at $2 per share.
The offering is to be
made on a best efforts basis by John G. Uravin & Co., of New York,
for which it will receive a selling commission of 50c
per share, plus
expenses up to $35,000.
Republic wa,s organized under Philippine iaw in 1956 to search for

combustion

adaptable

Resources

With Securities and

First

trust
not

it

make

outstanding

oil

be

used

exploration

In

and

company.

in

"all

likelihood"

insufficient

to

meet

the
all

proceeds
the

of

the

prospective

proposed -stock
dollar needs of

According to the prospectus, the company has outstanding 560,831,560
of stock, of which the Manila brokerage firm of Tiong. Garcia,
Inc., owns of record 71,214,960, or 12.7%. The company's

shares

Chezzi & Co.

President,
for

Suspended—

244,206
\

>

,

j.

„

investigate the physiological and
psychological
those
altitudes:
at the same time developing

materials

an

Inc.,

the

of

existing

indenture,

$858,104
*

„

'-

2831.

p.

the

suits

reactions

Service, Inc.—SEC Exempts Indenture

issued

has

Service,

Pumpkin Buttes Uranium €o., Inc.

$179,717

61,814

•

last week of 400,000

stock."

common

Jose

Tiong,

has

subscribed

for

35,739,000 shares

and

paid

873,374

$221,963

.•

anhydride is used principally in the manufacture of syn¬
resins, polyesters, paper sizes, plasticizers and related products,
of which are finding increasingly larger markets in Industry

space

masses

$1,731,478

214,751

p.

by this corporation.
\
/
* ■
'
The
chamber,
which
will
be built
by Tenney Engineering, Inc.,
Union, N. J., will be Installed in Republic's new $14,000,000 astronautics
research center" early in 1960.
Its cost is estimated at $500,000.
Dr. William O'Donnell, chief engineer in applied research and
devel¬
opment for Republic, said the space chamber will be used to test

-t-

Powertaffe, is
of

ease

SEC

trusteeship

Mos.—19*58

$394,468

new

Details
a

,,.

said- the

President,

up'submieroscopic

by exchanging such

227,372

189,

Republic Aviation Corp.—To Install Space Chamber—

Corp. of Chicago—New Product—

Baker,

$3,900,000

$449,335

of

today.—V.

close

receive tenders -for, the sale' to It of
bonds due Nov. 15, 1983 to an amount,
sum
of
$21,885 at prices not to exceed

.

Finance

Earnings—
1959—4

available

many

for

We now

1959—Month—1958

189,

Vice

industry

proceeds of

such-

Railway

Inc.—Tenders for Bonds

International

Our original

exceeded.

program

Executive

of

made

1959
5Vr

interest.—V.

"Every expectation and promise that

filled.

cases,

Nortlvern Ry.

Railway

Co.,

22,

•"4-

M'r.

plant in this latest version of the Piasecki "Sky^Car" is a
ILL
turbine,
manufacturer
by
Turbo-Meca
of
189. p. 2570.

Period End. April 30—

in

operations-as taxi fleets, municipal fleets, and truck operations.
The
corporation's office is located in Suite 1700, 75 East Wacker
Drive, Chicago 1, 111.

flight

flight demonstration, i^hich

maneuvers

Philadelphia,

period.—V.

others."—V.

shares

(now fixed
exhaust the

to

breaks

engine.

VZ-8P,

Artouste

P*ediMo»4 &

Trust

July

on

Public Finance

by this aircraft

France.—V.

completed

company's

reached and
field

a

The

at

Piasecki.

made
been

jeep,

altitude of 30 feet.

an

place
Airport.

all

aerial

vertical

took

wa-

composed of Armed Forces
department employees, this latest version

powered

May were $9,908,614, an increase of $1,569,610,
May.
Operating expenses for the month were $8,-

whole. Plans call for the plant to go on stream
in early June, 1960,
a schedule which Is made possible
by RCI's 12
long years of experience in producing this chemical by our own process.
"This project is one phase of the company's $24,000,000
expansion
program during 1958,
1959, and 1960. Funds for. the job have been

.'.V'"

fuel.

jet engine.
representatives and

audience

an

test

company

needs

,

"*SW.

flight of the world's first aerial jeep powered with

1958.

for

According to Dr. Baum, "We are erecting this
surging demand for maleic anhydride for both our

pointed out that Powertane 4s not a detergent or corrosion
inliiibtor type supplement.
-It functions in ,the fuel itself, creating a
more volatile fuel with fewer harmful elements left unburned.
Under optimum conditions, adding- Povertahe to a fuel will result in
mileage increases of 20%
and many users have reported savings of
this amount.
Under normal operating conditions however,, the average
saving by using Powertane is about 10% on gasoline and 15% on dlesel

•

cessful

the
coal

37%

some

Mr. Baker

2722 and 2569.

Piasecki Aircraft Corp.—Announces New

bituminous

provided

Capacity of the new facility, which will be adjacent to RCTs existing
plant at Elizabeth, will be 20 million pounds per year and will signif-*
icantly enhance the company's competitive position as a supplier of
this important chemical.
t

supplement is a chemical formula
in the fuel to a size of 1/10
micron.
These colloidal suspensions, if not broken up, will not burn
when the fuel is ignited. By using Powertane, the masses are consumed,
increasing gasoline efficiency, reducing the deposits caused by unburned
fuel,
ar.d
cutting down on the amount of sulphuric acid flowing
through the engine and exhaust system.
that

bdfng made.
Phillips is the operator of Lot 17 for a group of companies 'composed
itself, Sunray Mid-Continental Oil Co., Ashland Oil & Refitting Co.,

Western

r

in

and

revenues,

and

Coal

corporation will construct a $4,000,000 maleic anhydride plant
Elizabeth, N. J., it was announced on June 23 by Dr. Stefan H.

at

of

earlier

be

Baum,

Dover

corporation has announced a new type fuel supplement, Power¬
designed to increase mileage up to 20% and cut down on engine

Edwin

froitPa thick

day

per

company's

anthracite

1

stel indus¬

the

This

the discovery well, is
Objective is the Trenton

west

the

the

stoppage in

inclusive.

12,

in

work

a

of

both

July

revenues

last

expansion

year

delivery by mid July, at which time the com¬
six or more drilling rigs in operation on its
blocks
throughout
the
Lake*" Mr.
Smith
stated.

wear.

section of Eocene sand and extended

feet

completed

mile

a

in

to

-

revenues for the first five months were
$46,097,268, a rise of
or 2%
over the same period last year.
Operating expenses
$38,309,548, down $1,359,907, or 3% for the period, in the face
wage increases which added $1,277,013 to the company's payroll in

will

for

2570.

without

*

tane,

large well
Venezuela.

of

25%

about

27

revenues
over

Fisher

possibility of

vacation

in trafficr volume,
carloadings and 18% In
explained, the outlook for the

improvement

merchandise

to build a multi-million dollar melaminc
plant som'ewhere in.,
were announced on June 25 by
Henry H. Reichhold, President.
capacity of the plant, which is scheduled to go on stream early
in 1961, will be 20,000,000 pounds
per year, but it will be designed for
eventual expansion to 50,000,000 pounds
annually.
•
/
"This is but one step," Mr. Reichhold said, "in the
$24,000,000 thtee-

have

to

Powertane

"tie made

can

provides
June

toward
in

Mr.
uncertain.

the

reported on June

the

announced

to

23%

in May,

is

future

trend

a

of

Plans

drilling

of approximately 2100-2200 feet.
platforms of the "Mr. Cliff" type ordered

York

New

business

of

23.

subsidiary/will expan'dHthylene

completed

was

rise

a

'

Initial

step-out~~

Port

compared with $20,581 In the same
Fisher, President, reported on June 23-. ;
months were $1,008,492, compared with"*11
period last year, he said.
i -*
five

the south

depth

a

p.

sufficient

that

so

has

Co.

The

and

*

Rcichhold Chemicals, Inc.—To Build New Plants—

will move its
.*/2 mile step-

Lake.

Selkirk

the

_

.

Maleic

readily, y
Petroleum

the

of

shares

2,055

A.

first

loadings

miners'

thetic

by 75,000,000 pounds ^' year to
requirements.
The expansion "frill raise
when

in

the comparable

plant

acpacity

Phillips

%

general income

wholly owned

a

Sweeny,

both

Poli-New England Theatres,

+

exploration
on

in

offset

numerous

about

acreage

189,

Exploi¬

Tc-uareg No.,1, 70 mires sbuthwas

at

expects

various

Petroles'

et8

sector

eastern
season

and

$396,752

were

same

railroad's

blew

7

south

approximate depth of 860 feet.

scheduled

are

pany

Expand Plant—

at

entire

Recherches

de

and

an

floating

Two
June

asso¬

the operator."
•,
holdings in the Algerian" Sahara

gross

they Hassi Messaoud field,

Phillips Chemical

The

be

brings Phillip.^
in 4.145,105

acres

these Sahara properties, Hassi

cn

southtast

meet

<L'Omnium

Will

COPEFA

hew, Requisition

1,455,852

v

and OMNIREX

is

offshore

formation

"

•

•Phillips

establishedh

drilling at

of

area

the
this

4,313,

feet

locations.
In the western-.end of fhp T.ake nn ^ 9,400 acre offshore block off¬
setting the Imperial-Harvest-Submarlne oil discovery ground in Col¬
chester Township South, the Place-Colchcster No. 1 well, located 350

•

'

ip

drilling

of

has

areas*

wells

gas

procedure

-

....

there

19%

—

mercial

Phillips

2,970,

Total

the

for

offshore

4,388,

were

area/ the'Company's

Dover

two

some

*"
•

$1,029,159,

cubic feet daily
Smith, President, ad¬

J.

the

7,579,

Joseph

the

the

which

the

800,000

of
R.

outstanding 831,526
of the company's sale of
additional
$145,000 to retire bank loans $300,000 to

an
increase of only $685,687, or 9%
over last
year, despite
the fact that higher wages and working rules changes added
$202,583 "
to the payroll during/the month.

,

which

cubic

'

'

003,661,

miles

producer,

1,000,000

of

Co.,

&

*

underwriting terms are to -be- •'
Inc., and Schwabacher & Oo.

and

proceeds

o%r

May

from

of

No.

flow

the

of

-

fields,

drilling of Place-Walpole No. 8.
Place-Dover No. 5 well,
of Port Dover,
has been suc¬
cessfully "liydra-fractured", inqreasing the open flow of the well from
its
original 450,000 cubic feet daily rating to a flow of 1,280,000
cubic feet .daily.
Preparations for tlie drilling of the Place-Dover No.
6 offset are underway.
The company now has a total of eight com¬
the

drilled

to

refererd

annual

mile block of
Erie, it was

square

eastern

the

Clifford

formation,
completion of the

floating

In

y
June

25, "1959,
to

Medina

natural

a

of

Place-Walpole

a

same,; pay

Upon

80

company's

Blyth

follows:

as

year;

immediate

'

.

1%

l

1959,

118,0ftO

accounting

.

in

While

by this company, in the drilling
the second consecutive commercial

area

the

with

June

Red

...

point

a

the

City.

29,

stock,

the

reflected

or

to

June

'

.

for

bituminous

/

of

south

in

the

field

for

Redwood

on

this

same
time, Mr. Fisher announced that action was deferred
company's third quarter common dividend until a subsequent
meeting. The Reading has paid two common dividends of 25 cents eich
in February and May.
'
«

made

Selkirk

the

gas

sale

SEC
Of

the

on

try,

'

.

onshore

been

22.

mile

earlier

registering

out

has

in

June

on

Vs

in

new

on

last

$114,487

pilot platform "Mr.
platforms for early

two

Northside,
the

stock.

public

offering price

Net

used

;V

Earnings

feet.

of, the

another

'•

j;
the

of

Erie

acreage

Located

•from

Inc. —Registers Employee Stock
With Securities and
Exchange Commission—

Lake

came

■

Morris

ordered

Place-Walpole No. 7 well,
drilled this season on the

vised.

Philip

has

extension

announced

ondary offering of 15,000 shares of common stock was
made on May 26 by William R. Staats & Co. at
$18.87
per share, with a dealer's concession of 62lA cents per
share.

2100-2200

of

performance

be

of

into

offshore

Corp.—Secondary Offering-^A

depth

excellent

Extended—

P'urtlier
south

p,

gasser

Filter

the

company

for

amendment.

propose

Total

*

Permanent

approximate

of

Field

director of

of

at

view

Clil'f";
the
delivery.

director

a

In

.

Safe

inereasingg board
a

Savings Bank
.y:
tr(..: '

2244.

was' elected

23

June

on

Mercantile

Ry.,

Carolina

Maryland

Baltimore,

Board—

on

the

membership, to. 10*'.-.
Atlantic Coast Line "Co., Charleston <fe
Eliicott-Machine Corp., Fidelity '& pejiosit Co.

Mr...Motz. is also

,

of

at

with

plant

month

.

Formation

Vice-President

public

Earnings in

Cliff", was moved to the Place-Walpole No. 7 well
qne-fialf mile step-out south of the Place Walpole No. 3

a

Oakside
common

Dividend Action Deferred-

of

drilling

"Mr.

.

Executive.

Co.—

Reading Co.—May Earnings Continue Improvement-

,

Motz,

$750,-

as

■'

states.

Place-Walpole

at

statement
of

respectively.

to

E.

and

Electric

.

acre¬

far,

Eng.,

which

Pennsylvania Glass Sattd Corp.—Banker

General

•

.

John

of

capacity and research facilities through purchase of *,Jmaqhinery and equipment and through leasehold
improvements; and
the balance for working
capital.
>
The prospectus lists 21 selling
stockholders, whose aggregate holdings amount to 737,854 shares.
The principal stockholders are Paul
M.
Cook,
president,
184,318
shares;
Richard
W.
Muchmore, Vice- 1
President, 105,500; Frederick l. Anderson, Director, 72,240: Edward
H. Heller,
Director, 56,688; and Robert M. Halperin, Treasurer, 49,978.

previously

Aug.

stock

,

a

$250,000 for accumulation

Telephone & Telegraph Co.;

common

offered

shares.

expand

and
approximately
1%' miles offshore.
Drilling operations on the
reported - the, company. proposes to issue and sell,
new
location started on June 8.
•
'
•'
'
competitive, bidding,' $15,000,009 of first mortgage bonds, " —In the westefn end
'St the Lakfe'/'the company's Placc-Gosficld. No. 1
1, .1989;
Of-'the net proceeds of the /sale of the bonds,
wildcat, located one mile offshore from Kingsville, Qntario, obtained
$9,000,000 will be applied to repay short-term bank loans obtained
a
gas
flow
warranting
a
hydra-fracturing treatment of the well,
for: construction purposes and $0,000,000 will be
applied to the 1959
preparations fbr which are underway,-Offset locations- to this well have
construction program or to partially reimburse : the
company's treas¬
been spotted.
t
ury
for previous expenditures for that purpose.. The 1959 construc-_
Further to the west, on a 9,400 acre block offsetting tlie
Imperialtion
program
involves
expenditures of about $39,700,000.—V. 189,
Harvest-Submarine new oil discovery area in South Colchester Town¬
p. 2788.
. ■
a. "
" ; " ■
y
■ - - ■ ■".
/ :
ship, Place-Colchester No. 1 is drilling, objective being, the Trenton
As

pursuant

J.;

are

stock will

Place-

as

shares

be

The

common

re¬

;/•/?■
and

Dover

earlier

gasscr

being

of

four

areas

very

eplatform
location,

.

f.

-

$750,000. for accumulation of
$500,000 for accumulation «f

N.

the principal underwriters.
The company and its subengaged in the design, development, manufacture and sale
of
insulated hook up frire and
cable, miniature coaxial 4 cable aad
shrinkable tubing designed
to meet the specifications of
individual
customers and used
primarily in the internal wiring systems of air¬
craft,
missiles
and
electronic
devices.
It
has

Ltd.—Drilling Operations—

gas

to

are

listed

are

the. report states.
"It is planned to sand-frac the gas
well,,; particularly as,; fracturing .in this field, has proven
successful and lias incrcasccl the open flow of treated
wells lip to 15'times tlie initial rate of
flow,"; Dr. W. R. Newman,

be

Following

.■

company.;

of

of

'

150,000

supplied'by

:

in ;■this

pay

SEC..--has issued an order, giving,iin t<nesfced persons utttil .July
23,1959i- to.. request a, hearing .upon thev b6nd.,vnnaucmg '.pr<>Posal ot'
the

Co.;
Corp.;

Co.

American

company,
locatecl
filed a registration

thereof.

the

the

of

one

close

The

Oil

issuing company; and the remaining 32,000 shares, representing outstanding stock, are to be offered for sale by the present holders

°$1,433,386

3,500.599

gas
field and expansion of the company's gas reservoir
po¬
tentials" in this area, the well
has an added significance inasmuch as

Financing Pro¬

on

&

Motors

2880.

p.

shares

10,899,616

353,912

success

offshore

the

P,

Pennsylvania Electric Co.—Hearing
posal—
"

of

accumulation

189,

covering

$9,466,230

*$236,081

miles-south

flow

gas

section

pay

:-;;; -y

gas

,v...

for

000

This

$753,536

1678.

p.

by Clifford R.

Dover

Pa.,
investment- company; filed* an- amendment on
1959. to its registration staterhent, covering 500,000 additional
beneficial interest in the Fund.—-V. 188, p. 1273.

of

stock

common

Calif.,

1,018,104

•

to open the '59 work

in

Located

-

Reading.

Thi-S
shares

Nemours

General

•

$2,396,949 $12,394,348
2,819,506;V 2,633,030
10,924,331

inc.il.;

189,

second

blocks

age
.

Square Mutual Fund—Registers :With SEC—

June 29,

de

of

of Standard

of

Tri-

.

Penn

duPont
stock
stock

RR.—Earnings—

1958—Month—1958

ry. oper.

oper.

the company,

White, 33,000

■

I.

common

record-breaking

■

E.

of

common

Comanches,

and

Cubs

Piper

$3,316,586.

105

account

for

previous'month

$3,573,042

expenses-

from

rev.

'

revenue--

oper,

railway

The

share?v .and the Estate of Windsor T. White, 10,500 "shares (constituting
all the. present holdings' of
Drop
Forge stock
in each instance).

—V./139,

to

Erie

Place Gas & Oil Co.

N. Y., investment company, has filed an amendment
crankshafts but also including connecting- rods; cam¬
other forgings.
It has outstanding 234.500'shares of com¬

of

and

Herman

Super

best

to

Rochester, N. Y., investment company, has filed an amendment
registration statements covering additional Quinby Plans, as
$3,500,000 of Quinby Plans for accumulation of common stocfe
Eastman Kodak Co., $250,000 for accumulation of common stodk
its

follows:

sidiary

Rochester,

shafts

Apaches,

Mr.

of

high

new

the

amounted

ago,"

year

The

Inc.

principally
mon

4

oper.

thereof

holders
&

59

May

for

a

•

-

Lake

&

Period End. April 30—

Railway
Railway

previously noted in our June 29 issue this;company on June 25
registration, statement with "the SEC covering 48,500 outstanding

filed

a

sales

813.

p.

Pittsburgh

/■'

'

'

Piper

delivered- in

189,

over

•''

represented

May

$750,000

47

-were

sale's

This

to

Ray therm Corp.—Registers With SEC—

is

office

and

airplanes

for

than

in

1959;'; when "sales

twin-engine
Caribbeans, and

month.—V.

uses

of '37%

Quinby & Co., Inc.—Registers With SEC—

net factory billing price, are
Miller, General Sales Manager.

W.

J.

•.;>•*•'■''*'

.

business

March,

total-of

"y

'.

by. more

was

Pacers

became

line

home

Its

.

Park

Pla.
the

broke

$4,096,602,

increase

'

which

to

corporation by
an'

rfeportSk

.

currently employs a
total-of six
specially designed
trailerships in the "service, each witha' -carrying: .capacity
of 226
fully loaded truck-trailer bodies. Regular weelciyjruns. are. made be¬
tween
New
York and Houston' and: between New A'ork and Miami,
company

the

this

"Thi,s. represents

October

1957." Pah-Atlantic's • Sea-Land'.., tyailershipr service, was extended Ho...
the -ports/of Sah Jiian " and Ponce
in Puerto Rico,-iii :August 1958.

Tampa
and New Orleans.
a
regular port-of-call for

amounting

•

reported for

'I

Spp

rtat-riillera

•'
Mining

Co.

—

,

above.—V.

182.

p.

»•

Stock Offering
-•

1740.

15,168^00 shares.

Research Investing

Corp.—Initial Shares Offered—An

offering of shares of Research Investing Corp., a new
mutual investing fund, was made on June 30 by LeeUig-

,

The Commercial and Financial Chronicle

.

.

Monday, July 6, 1959

.

(94)

50

$12.97). The sales charge is

The

letter

be

offered

June

25

by

the

on

Operating

Operating

directors of the fund include John

and

Power Co. (& Subs.)^Earnings

Shawinigan Water &

President of Templeton, Dobbrow & Vance, Inc. and Wil¬
liam G. Dam roth, Partner of William G. Damrotli & Co.
Mr. Templeton is President and a director of the rev: company and Mr. Damrotli

revenues

-

and

expenses

taxes.-..

-

._

$19,178,505 $17,831,054
14,075,027 13,512,414

director.

a

is expected that, commencing on or

OFFERING—It

FUTURE

Interest

about

Divids.

Fund will be offered on a continuous
Securities of America, Inc., 030 Third
Avenue, New
York; N. Y., which will thereafter be the principal
distributor of the fund Shares,
John M. Templeton and William G.
Daniroth are, respectively, the largest indirect and direct shareholders
of the principal distributor, and Mr. Damrotli is President, Treasurer
and a director of the principal distributor.
Mr. Richard P. Casey is
1959, shares ot the
through First Mutual

Julv

27.

basis

plus

Dividends

capital stock

of

Retained

revenues

Total

exp.

taxes..

&

income

802,420

Net-income

188,

stock

applic.

to

1,595,000

com.

Front

operations
accel.

in

$0.10

outstanding

shares

$1.97

$2.00
$0.33.

$0.79
$0.07

$1.09

„

depfec,:...

April

$0.25

1959.- -V.

10,

The

broken

was

hard floor covering.
country's largest producer of asphalt roofing,

the

Manufacturing- Co., Inc.—Registers

St. Clair Specialty

for New

located at
120 Twenty-Fifth Ave.,
Bellwood, 111.,
a
registration statement with the SEC covering
stock, to be offered for- public sule through
fitifel, Nicolaus & Co., Inc., and Walston & Co., Inc.
The offering
price and underwriting .terms are to be supplied by amendment.
The company prints and embosses decorative papers and foils and
packages these and seals and tags for use in wrapping gifts and
other
items.
It
has
outstanding 100,000 shares of common
stock
This

company,
29
filed

June

on

and

shares

$350,000

of common

of

notes.

proceeds of the sate of the stock will be applied in partial
payment of its 5'?.
note due April 1, 1901.
Any funds in addition
to the proceeds of the stock offering needed to pay said note will be
Net

derived

other funds

from

the

of

built to specifications of the

also has hotels under

Sheraton

Hawaii.

Charity

of

of"the

haS'become-chief exceative^-officcr
Charles A. Semrad, Chairman of the

succeeds

He

company.

^Joard, who initiated the-change. In April, Mr. Semrad asked the board
dlj^ctors to change the by-laws to provide that the President, not
the Cl:?hUUlh; be the executive officer.—V, 189, ;pp. 2831 and 2390.

*3

of,

Regis Paper CiJi

Registers With SEC

—

'

;

registration statement on June 24 relative to the issuance of shares of
Us common stock to be offered in exchange for the 110,000 outstanding
chares

of

common

Georgia.

,

stock

Chemical

of

Packaging

Corp.

of

Savannah,

redeemed

be

may

out

^

for

Chemical

of

Packaging
area

stock.

Packaging

chemical
United

of the

States.

Chemical's two bag plants are

Savannah, Georgia, and Louisville, Kentucky. Sales of Chem¬

located at

Packaging in 1958 were in excess of three million dollars.

Acquisition by St. Regis of the shares of Chemical common stock will

St. Regis with additional ,bag manufacturing
facilities for
serving customers in the southeastern area of the United States and
extend the multiwall bag business of St. Regi§ into an area which in¬

provide

cludes
St.

manufacturers

of

chemical

fertilizer

Regis.—V. 189, p. 2894.

not

presently

served

"

_____

by

Ohio—Serial Coupon
May 15 pub¬
licly offered $750,000 of 4$"%, 4%%, 5%, 5^8% and
5V4% serial coupon notes dated May 1, 1959, and due
annually from Nov. 1, 1961, to NoV. 1, 1974, inclusive,
at 100%: and accrued interest.
The notes are issued in
denominations of $5,000, $1,000 and $500.
Sisters

,

Mercy

of

Hamilton,

of

Offered—Keenan & Clarey, Inc., on

The

Mercy

this

of

notes

issue

Hamilton,

of

Ohio.

The

are

a

direct

are

and

$3,000,000

worth

The

for

profit

by

a-Trust

lirms

of

20-year

subordinated

debentures,

stock during the first 10 years.

for general corporate

purposes

capital and "further modernization"

offering is being underwritten by
headed

by

Eastman Dillon,

issuance

of

the

new

a

of

Union

in

Indenture

the State
between the

of Hamilton, Ohio and The Fii^t National Bank
Minn., Trustee.
all of the notes of this issue may be prepaid at par
interest on any semi-annual interest paying date prior

to

or

accrued

maturity
The

of

a

thirty

on

four

notice to

written

days

this issue have been

of

notes

new

the Trustee.

the cost
added to Mercy Hospital, Hamil¬

authorized to pay part of

story wing now being

convertible

into

sale of the deben¬
including additional

plant

ancl equipment.

of investment banking
Securities & Co., New York.
would

increase

Seiberling's

the offering is subject to the consent of two-thirds of the
holders of each class of the company's preferred stock.

Offering

and

conversion

prices,

and

the

rate

of

expected to be set late in July, subject
tion statement becoming effective.
In

are

interest

on

the

to the registra¬

and February, 1959, Seiberling sold 106.841 shares of
through
a
rights offering to
stockholders,
and in
February borrowed $3,000,000 from insurance companies, using $1,000,January

common

stock

of the_proceeds to retire an existing term loan. The net addition
working capital from the January-Februarv financing was approxi¬

OOG

to

mately 4^,400,000.—V".

139,




p.

1394

189,

.

6,195,290

1,376,810

2240.

p.

Telephone

Bell

Southwestern

Co.- -Earnings—

1959—Month—1958

Pcriod End. Apr. 30—

Operating
Operating

00,798,049
33,595,997

1959—4 Mos.—1958

$

$

$

54,84(5.908 237,221,357 21G,421,093
32,226,331 130,779,808 126,774,443

11,010,414

8,888.971

43.013,000

operating

taxes™

4,807,005

4,326,818

19,312,060

17,706,632

operating

income

11,385,233

charges.™„™_

10,556,057

9,404,788
8,546,508

44,115,883
41.139,842

36,914,228
33,863,123

Federal
Other

Net

Net

revenues™™..™

expenses—™™
income taxes
.™

after

—V.

189,

35,026,390

2246.

p.

Spencer Kellogg &

Sons, Inc.—Earnings—

Profit

before

Provision

for

$1,333,110

$748,952

1,251,700

1,256,116

$0.42

$454,457

share..™™™

$517,949
—™——

profit after taxes
Shares outstanding

$1.10

$0.60
16.27
37.61

$0.36

Net

Earnings

per

Net

worth

assets

current

Net

—V.

188,

1959—9 Mos.—1958°

1959—3 Mos.—1958

$32,975,478 $31,121,911 $97,304,137 $91,054,199
taxes
940,457
1,067,949
2,809,110
1,537,952
taxcs™_„_
492,000
550,000
1,480,000
789,000

sales

Net

per

16.89

share

share

per

37.-90

:

1657.

p.

Stewart-Warner Corp.—Expects

the

fore

•

per

Capital Stock Offered

—

110,000 shares of capital stock

(no par) at $9.75

share. This offering was heavily oversubscribed and
Additional financing details follow:

PROCEEDS—The

BUSINESS—The

and production of drilling bits used in
sales for

amounted to

$2,015,801,

inven¬

•

There- wecms- to

cellent

oil-well drilling.

year 1958 totaled $7,206,712
and net
Sales for the first three months of 1959

the

$201,087.

and r.et income was $83,347.

CAPITALIZATION—Adjusted for the May 21, 1959. split of 114 for 1
the current financing there will be 375,848 shares of capital stock
outstanding.
Remaining capitalization consists of $1,450,550 of longand

term

part:

this

lor

year

be «verw present prospect that

of this year, our sales

cite a few examples.

"The^participation of our Instrument Division in the
1960
model standard-size passenger
cars
will be

the

greater than
nificant

production of
substantially

and "This in itself should result in a very sig¬
our total instrument sales.
In addition, we will

1959.

in

increase

in

provide the, entire instrumentation for the new "compact" car to be
produced by one of the Big Three.
The order backlog of our Electronics Division was about 40greater
at the end of May than at the beginning oi the year and, accordingly,
we expect that there will be a substantial increase in the level of our*
electronics operations
during the second half.
We have just been
awarded a contract for a large electronic package (sortation system to
bo installed at the Saint Paul Union Depot.
The .selling price for a

this type

varies

between

approximately $750,000 and $1,-

system

of

There has been a great deal of interest in this new Stewartdevelopment, particularly 33 a result of the outstanding success

increasingly

April 16, the company paid a quarterly dividend of
share, equal to 5.7c on the split stock.—V. 189, p. 2937.

(& Subs.)—Earnings Rise—
1959—3 Mos.—1958

toward

the

South

Cur

Wind. Instant

Heat

systems

will

be

standard,

factory-

equipment 011 ore of the Big Three compact cars. In this
it is important
to remember that this combustion-type
heater is ideally suited to any vehicle powered by aif air-cooled engine
—since such vehicles have no water available for heating purposes
connection,

knowledgeable people predict' that these engines are likely
in an increasing number of the several new compact
expected to be introduced by American manufacturers
during the years immediately ahead.
There
also
have
been encouraging developments
with respect to
other of our new products, including the recent adoption of our Alemite
centralized
lubricating systems
by such potentially large users aa

—and many
be

and

employed

small

cars

•International Harvester.
Tne immediate outlook
and

if

for every one of our divisions seems good,
economic conditions remain favorable, our operations
half of this year should be at a very high level.—

general

during the second

187, p. 2553.
»

•

.

■

Corp.—Registers Rights Offering
Securities and Exchange Commission—

Strategic

Materials

with offices in the Marine Trust Bldg™7Buffalo, N. Y.,
registration statement with the SEC on June 29, 1959, covering
shares of common stock. The company proposes to offer- the
stock for subscription by its common stockholders at the rate of one
new
share for each five shares held.
The record date, subscription
This

1959—12 Mos. 1958-

contributions

installed

DIVIDENDS—On

$0.50 per

at Philadelphia,
systems will make
further growth Of

the Pennsylvania Railroad

good reason to expect that these

important

Stewart-Warner Electronics.

V.

debt.

first installation for

cur

and we feci there is

to

is engaged primarily in the design, devel¬

company

EARNINGS—Net
income
were

will use the proceeds to increase
production machinery and tools.
5

company

and to acquire new

tories

New

1959 will be an ex¬
corporation.. During the first calendar quarter
showed a g&in of 16'e> over the first quarter of
1958, and our net profits increased by 48'y.
I would guess that our
sales for the second quarter will be in the neighborhood of 35*7 higher
than those for the same period last year, and that our net profits will
show an increase of from 60'<
to 70'*'
as compared with the second
quarter of 1958. If this proves to be the case, our earnings for both
the second quarter and the first half of 1959 will be the highest for
any similar periods in the past 30 years.
During the third quarter we should begin to benefit from a good
deal of new business which we have been awarded within the past few
months—antl our position in this respect is very encouraging. Let me

-

of
—

previously noted in our June 29 issue, William R.
Staats & Co. and associates late on June 24 publicly
offered

Excellent Year in 1959

Archambault, Chairman and President, be¬
York Society of*, Security Analysts, on

—Bennett

Warner

filed

company,

a

308,571

Operating

29,499,347

Other
Prov.

27,759,582
20,669,221

33,711,123
26,651,419
19,066,714

2,710,197

10,477,946

11,183,699

153,228

14.288,805
-188,438

61,342,099
520,962

14,477,303

4,036,944

4,297,609

61,863,061
17,227,820

inc.

;

Operating

5,006,170

15,196,301

deferred

for

36,637,806

6,307,890

15,043,073

.™

taxes

8,820,436

6,636,249

2,427,321

taxes

•9.598,532

5,401.967

income

Federal

63,701,962 278,817,396 261,803,616
26.568,404 121,930,742 114,391,326

68,006,489

revenues

Operating
expenses.
Depret. & amortiZ-.—

income

Other

(net)

income

,

56,799,335
898,097

lunded debt,

debentures,

—V.

5,560,282

250.000.

ton, Ohio.

group

debentures

$0,606,684
5,525,140

With

..

company's announcement said proceeds from

Because

of

Mercy

of

one

taxes
The

Sisters

on

tures would be used

working

The

corporation

not

a

of

Minneapolis,
Any

Period End. Apr. 30—

June 29 filed a registration statement with the
Exchange Commission for the issuance and sale of

Securities

common

obligation

secured

Ohio,

notes

Southern Co.

company

$1,655^508*' $7,473,390

June 15 said in

'

Seiberling Rubber Co.—Registers With SEC—
This

$1,847,000
1,518,212

..v,..

opment

multiwall paper bags
manufacturers in the

and sells
fertilizer to

manufactures

packaging

lor

southeastern
ical

shares

5Vg

Chemical

primarily

1,697,761

operating income
after
charges

of

the books closed.

>

proposed offer would provide that if the exchange offer is de¬
clared effective, a total of not exceeding 20,000 shares of St. Regis
common stock would be issued on the baisis of one share of St. Regis
The

stock

1,935,733

hicome

operating

'''

As

—

filed with the Securities and Exchange Commission a

This company

6,185,820

the

(II. C.) Smith Oil Tool Co.
St.

Co.—Earnings—

1959—4 Mos.—1958
$9,712,652 $41,254,200 $38,408,790
0,235,504 25.059.257
24,544,065

interest.

notes

Notes

Pro sident,

Merrifield,

A.

$10,465,553
expenses.™-™
6,620,294

431.883

and Hous¬

may be redeemed with borrowed funds
after April 1, 1964,
premium, but may not be redeemed with borrowed funds on
or prior to April 1,
1964.'
The net proceeds will be loaned to the College of Great Falls, Great
Falls, Mont,, to pay in pari the cost of constructing new college build¬
ings.—V. 186, p. 218.

and

Chief Executive—
Douglas

in

2396,

Alta.; San

Notes

Merrifield Named

—

p.

1,389,757

construction

without

of

company.

Power Co.

&

189,

1959—Month—1958

—

revenues™

$

■cases.1'

of

Joseph Light

1958 period.—V.

the

$12,670

491,000

unborrowed funds at 102<& if
redemption be effected on or prior to Oct, 1, 1961; 1011c if redemption be effected after Oct. 1, 1961, and on or prior to April 1," 1964,
and without premium after April 1, 1904, plus accrued interest ih all
The

Sisters

St.

in

of

1,501,259

Sheraton-Baltimore
it was announced

June 22 for the $2,500,000

on

With SEC—

30,000

$150,840

(credits)

taxes_

Other

5j2%

accrued

Ruberoid uses a

2831.

p.

and of

621,702
$1:40

607,588
$1.74

.

construction

taxes—

Federal

$1,100,000 of 4%%, 5%, 5%%, 5^%, 5%%>
direct obligation serial notes, series A, due
semi-annually, from Oct. 1, 1960, through April 1, 1966,
and thereafter quarterly to April 1, 1974, at 100% and

enough to supply roofing for 10,000 average-size' single-family, homes.
189,

period

Vice-President, Sales & Promotion.

and

Canada

and

major~portion of~the Gloucester plant's output for its own production
of asphalt roofing and siding at several of its plants in the eastern
end southern parts of the counttv, - The balance of felt production at
the Jersey plant is sold to other customers on long-term contracts.
The new warehouse will accommodate 2.000 tons of felt at one time—
—V.

to

.

.

.

share ,:™™_™„.

charged

interest

Southern New England Telephone

presently

its Gloucester City,
K. J„ plant-.
The Gloucester plants one of seven felt mills operated by
Ruberoid in various parts of the United States, has an annual ca¬
pacity of some 80,000 tons of dry felt, a base material for asphalt
As

69,192

$872,580

outstanding™-™^-^-...-.-

shares

average common

Period End. Apr. 30

House of Providence in
Territory (Now State) of Washington, Seattle, Wash.—
Notes Offered—B. C. Ziegler & Co., West Bend, Wis., is

utilised for the production of dry felt at

roofing and

.....—u—iit.

.

Period End. May 30—

is completing construction of a finished product ware¬
add approximately 20,000 square ieet to. the several

company
that will

1959

Operating
Operating

will be completed by the Summer of 1960,

Sisters

now

$0.42

7,373,378

the

189,

Ruberoicl Co.—To Increase Facilities—

©crcs

$1,819,030

planned for: Portland, Ore.; Oakland. Calif.; Edmonton,
Juan. Puerto Rico; Kingston, Jamaica; Minneapolis, Minn,;
ton, Texas.—-V. 189,. p. 2724.
'

1798.

house

$1,187,854
7,553,932

or

2,546,210

on

$5,034,313

$0,040,412

$2,014,750

$2,779,403

$ih,—

com.

per

From

p.

1,253,888

53-hotel Shera¬
ton system and operated by them on a long-term lease as the result
of an agreement with the Johns Hopkins Hospital, Johns Hopkins Uni¬
versity and Henry J. Knott, President of Broadway Development Co.
The inn will become Sheraton's second operation in Baltimore.
The
Sheriuon system has owned the Sheraton-Belvedere since 1940 and cur¬
rently operates 53 hotels from coast to coast in the United States, and

$7,270,489

1,595,000

51.140

$1,159,500

requirements™™'™™

common

common
per

•Includes

$3,072,918

1,512,302

Corp. of America—Ground Broken

The 150-room inn will be

$9,090,412

/

Average

for

1199.

Sheraton

Ground

398,750

398.750

...

stock

♦Based

$2,700,150

share

common

p.

Inn which

$2,013,500

$3,433,213

■_

pfd.

$941,772

Sheraton-Baltimore Inn—

$3,392,743 $12,203,520 $10,174,481
779,237
3,173,114
2,897,992

$4,235,033

.......

dividend

729,788

1,210,706

—

Net

$3,391,743 $12,132,988 $10,059,033
1,000
130,538
114,848

20,310

deductions.

♦Earns,

250,250

$0.30

...

outstanding, March 31..

shares

com.

per

by H. M. Smith,

Earns,

—

1,071,560

800.929

(net

189,539

—

$1,659,266

2,011,635

5™™_

—

Net

V.

Corp.—-Earnings—

$4,209,323

Operating- income
|ncpme

Other

oil

250,250

—

earnings

Number of

1959—3 Mos.—1958
1959—12 Mos.—1958
$23,175,520 $20,014,400 $08,559,857 $01,726,377
18,900,197
10,022,723
50,420,809
51,000,744

Period End. Mar. 31—
Total

Divids.

11,325
$3,518,707

shares...:

common

Earnings applicable to common shares
on
common
shares™,——«—-

(par

Rochester Gas & Electric

Income

"A"

class

on

Dividend

Earned

Gross

11,803

189,539

preferred shares

on

Dividend

6,058,757

124,050

.

$3,145,945

—

$7,718,017

$1,999,661

taxes

deductions

other

and

1958

...

0.429,312

™—-™™

income

Net

Earned

earnings

Net

is 2,000,000

authorized capital of the fund
$1).

CAPITALIZATION—The
chares

*Ii%terest

Balance

interest of common shareholders of
Canada Power Co,, Ltd...--—•—-~

and

income

Gross

Increased—
1959

$8,428,973

expenses

Preferred

124,050

...

—

™..v

Co.- -Earnings

April 30-

revenues'

Utility operating income-™..™™

1,503,280

commission.

"-fifties

a

1,579,559

.—-—-—

Southern

the

of

Ltd.

Co.,

Minority

principal distributor.
The principal distributor
will offer shares of the fund for sale
at the public offering price equal to the net' asset value per share
Secretary

Assistant

903,128

Power

Nevada

12 Months Ended

Operating
Operating

$4,319,240

shareholders of Southern Canada

to pfd.

Power

debt; etc.,.—.-

funded

on

—--

—,

__

$4,502,878
358,490

profit
Non-operating income
Operating

1.958

1059

March 31—

3 Months Ended

Temnleton,

Vice-President and

pleted.—V. 181, p. 1080.
Southern

M.

The officers

jointly, at $8.50 per warrant, with a dealer's concession
of 50 cents per warrant.
This offering has been com¬

underwriter.—V. 188, p. 1500.

8100,000.

in a

OFFICERS

secondary offering of 5,500 warrants was made on
June 22 by Courts & Co. and Robinson-Humphrey Co.,

Sept. 20, 1958 cov-.

on

of

to

OF

merit.s

notification filed with the SEC

of

shares

3,507

intended

FUND—ThJ fund daw not plan to concentrate its
particular industry or group of industries. Normally
its assets will
be invested
in common stocks ancl senior securities
convertible into common stocks.
PURhQSE

Invest

A

common stock (par $1» which were originally
at $18.75 per share through Kay & Co., Inc.,
Houston, Tex., has been withdrawn.
The company is presently filing
a
long form registration statement with the SEC, it was announce^

ering

Natural Gas Co.—Secondary Offering—

South Georgia

Registration Statement

—

Withdrawn—Plans New Filing—

scaled downward to 1.3% on

single purchases in excess of

Co.

Insurance

Service Life

ginson Corp. The fund is an open-end non-diversified,
fully managed investment company. Shares being offered
are priced
at the current net asset value plus a sales
charge of 8.90# of the offering price on single purchases
of less than 810,000 (on J,une 29, closing asked price was

Gross income
Int.

etc.

Divs.

on

deductions

pfd.

stks.

.-

of

subsidiary

companies

1,263.663

Consul, net

income

9,895,694

shares

Com.
Earns,

—V.

189,

outstdg

com.

per

"Includes
p.

"22,402,250

share™

1,300,000

2724.

57,697,432
16,555,867
•

$044

additional

5,054,663

5,054,663

39,580,578
21,102,250 *22,402,250
$0.42
$1.76

36,086,902
21,102,250
$1.71

1,263,666
8,916,028

shares

issued

in

February,

1959.

price and-underwriting terms are to be
Lunt & Co. and Allen & Co. are listed

supplied by amendment. S, D.

as the principal underwriters.
its subsidiaries are said to be in the development
stage, both as a metallurgical and as a mining enterprise. Its general
policy is to devote itself primarily to exploiting the commercial pos¬
sibilities of its principal metallurgical processes, assigning a subordi¬
nate position to the further development of its mineral holdings and
of those metallurgical processes which are still in the laboratory stage.
The company intends to apply the net proceeds from its stock sale,
estimated
at $4,150,000,
as
follows: $350,000 for payment of bank
loans; $500,000 for pavment of a note: $450,000 for working capital;
$2,400,000 for expenditures by Strategic-Udy Metallurgical <fc Chemical
Processes
Ltd., which owns' and operates a pilot plant at Niagara
Falls, Ontario, and is a subsidiary of Stratmat Ltd., Strategics prin¬
cipal subsidiary, and by its other direct subsidiary, Strategic-Udy
Processes,
Inc., which owns and operates a
laboratory at Niagara
Falls, New York; $250,000 as working capital for a mining subsidiary;
$150,000 for payment of a mortgage; and $50,000 as working capital
for another subsidiary.—V. 186, p. 2521.
The

company

and

Volume 190

Number 5861

The Commercial and Financial Chronicle

...

(95)

Studebaker-Packard Corp.—Mercedes-Benz Sales Up
Sales

of Mercedes-Benz

in the United States during the threeperiod from March 1 to May 31 exceeded all previous threemonth periods,
according to P. L. Armstrong, General Sales Manager.
He added
that
sales during
this period were 130to
higher than
(luring the corresponding period last year.—V. 189, p. 2725.
cars

month

Summers Gyroscrope Co.—President
Resigns—
„The

directors

Pr&sident

as

and

of

Warshauer

Mr.

had

accepted

details
The

D.

the

letter

of

responsibility
will

received

of

be

resignation

that

with—another

announced

very

he

firm

and

by

that

soon

General

from

Convair-Pomona,

Dynamics

Corporation,
in
Vice-President
announced.

R.

\

■

orders

new

of

excess

Butterfield,
"We
ax-o
currently completing pilot aha production runs, under earlier orders
from
Convair-Pomona,
totaling more than $490,000 on two highperformance gyros,"* Mr. Butterfield added. Production on the new
orders

is

in

destined
—V.

189,

and

deliveries

the

process

for

U,

in

use

S.

12R5.

p.

Angeles,

have

begun.

Terrior

Navy

The

and

units

new

Tartar

are

missiles.

Mr.

Whittaker

reprovisioning contracts are part of a
Telecomputing
has
had
with
the
Air
Force
—V.

189,

of

problem

to Tidewater engineers. The gas is almost
15ft hydrogen sul—
fide by volume, and
highly corrosive. Its presence in any appreciable*
quantity constitutes a problem in safety, maintenance and health.
Although natural gas frequently is found with sulfer content,

said.

These

continuing

program
several
years.

for

2832.

p.

ft
"
' '.I
Telex, Inc.—Reports Record Sales and Profits—

'■

'

■

,

$221,514

In

his

for

letter

of

the

to

tons

the

J.

Substantial

steps,
principal

company's

engineering

for a
30.000-square-foot
and
of

—-

product

plant

military

during

lines,

line

new

of

Rydcn,

for

electro-acoustical

Oil

Co.—Statement

registration statement filed with the SEC on April 22 covering
shares
of
common
stock,
which represents the maximum
number of shares which, might be offered for
possible public sale by

the

certain

stockholders

became

during

effective.- June

the

G.—V.

months

12

189,

commencing

July

1,

1959,

2937.

p.

Sunray Mid-Continent Oil Co.—Exchange Offer—
This

has mailed

company

Corpus

Christi,
Tex.,
Mid-Continent common

produotion

The

offer

sufficient
the

is

outstanding

to

for

Suntide

exchange

each

three

Refining

share

one

shares

of

Co.,
Sunray

of

Suntide

meeting authorized increase of total

that

who

their

deposit

by

will

Sunray

York

wish

15,

to

7,
1959
least 90ft

Aug.

at

own

accept

certificates

stock

Aug.

7,

3,125,000

U.

the

exchange

The

to

Hanover

offer

Bank,

until

open

the

close

business

of

now

shares

of

Revenue

that

gain

no

189,

Suntide

issued

1,550,000 shares,

owns

has

ruled

the

from

outstanding of
of 49ft.

in

excess

for

Federal

income

hereunder

exchange

will

2725.

p.

Tappan Stove Co.

Service

loss

or

and

slightly

Texas

The

is

addition

to

be

about 6,000 square feet

made

by structurally beefing up, -and using
one-story plant's roof area. — V. 186,

the

of

Telcctro Industries Corp.

—

New Development

unique airborne in-flight cartridge
Is

being

developed

byjthis

of

program

"The

expanding

recorder

is

recorder unit,

corporation

Agency, Harry Sussman, President,
unit, which is lightweight, will be

for

announced

of

taking

to

record

a

the

June

on

—

first of

Federal

its

Aviation

11.

The

new

used by the PAA as part of its
instrumentation for aircraft,
used primarily as an airborne monitor for

be

from,

approaching

or

Mr. Sussman said.

"This

pilot when he is in the pro¬
a landing
area; or he may
be transmitted during the

communications which may
flight."—V. 189, p. 2832.

any

of

course

off

the

safety

all communications between air and
ground,"
device may be turned on manually by the

Telemeter Magnetics, Inc.—Stock Offered—Public

PROCEEDS—Nee proceeds from the sale of the shares will be added
the general funds of the company and applied
initially to reduction

of .short-term bank loans incurred for
working capital purposes as a
result of the expansion of the company's business.
Paramount Pictures
Corp. owned 639.144 shares or 91.2ft of Telemeter Magnetics common
shares

on

July

will

outstanding
2, Paramount

May

25.

Aft°r

about

own

issuance

75ft

of

of

the

fhe

stock

outstanding

Stock.

■

BUSINESS—Company,
design

and

components
executive

organized

manufacture

lor

the

offices

Los

in

1954,

digital

computer
in

are

of

and

is

data
data

of

a

move

and

nounced

designed

overall

the

engaged

handling

principally

to

and

industry.

The

new

its

Chicago

dffices

to

new,

will

quarters

vanced

enable

will

include

a

the

audiovisual

techniques

education.

for
'

use

in

industry,

the

military

and

Visual

effects

during

which in
offers

to be automatically cued at the exact
presentation; the "TelePro 6000", a rear

a

instant ^required
screen

addition to-transmitting an extremely high intensity of
light,
added feature of automatic slide
changing; "TelePrompter
and

"TeleScage" units. All these, of course, are
In addition to the company's Mod V
TelePrompter cueing device, the
latest edition of" its original product.
Planned group communications specialists, and the nation's
major
closed

screen

circuit

television

producer,

tion

TelePrompter

Corpora¬

maintain headquarters in New York and offices
in Los Angeles,
Washington, D. C., Chicago, Hunfsville, Ala., Toronto and London.—•

189.

Federal

Power

Commission

acquired

and

Co.,
said.

M.

The

corporation

jump of 40ft
A.

1959

June

on

for the

Steiger,

fipcal

President,

29

reported

quarter

said

net

record

ended
income

H.

of

gas

day

per

are

studies

and

been

on

gas

;

four

—

"

producer*

—

open

flow, with condensate at 145 barrels

six producers in the

now

:

.

has

./.ft ft" 'ft

the

gave

helped

operators

field and two injection

ft;

■

.

''.

;"

,

estimate

an

of

the

extent

of

justify

to

the building of this plant. Tha
unitization agreement,
with 500-acra

brought

tinder
studies have

the field reserves."—V.

recovery of

cubic

Mr.

189, p. 2833.

under

contract

earnings
the

first

feet.

an

continued.
reserves

increase of
At

•

line

from

construction
its Opelousas,

the

totaling

immediately
La.,

Deliveries

of this

Texas Electric

increased amount

Service

Operating revenues

of

temporary

Net

operating

Other

income

a

Net

gas

income

$56,686, or nine cents a
share, in the first fiscal quarter last year.
Sales for the quarter were
$700,000, compared with $500,000
corresponding period of 1958.

Balance
—V.

188,

——

—

-

-

'

1868.

p.

'

$15,316,235 $13,921,977
-ft
/•
•'i— '

Steiger

current

sales

the

the
Increased

end
to

predicted a possible 1959 sales total
continue, a possible increase of
figure.
-

of

trends

1958

of

1959,

he

said,

approximately

factory

150,000

production

square

feet.—V.

$3,000,000
much

as

the

as

if

85ft

Period End. May 31—
Operating revenuesOperating expenses
Railway tax accruals—
Equip, rentals (net Dr)
Jt. fac. rentals (net Dr)

1959—Month—1858
1959—5 Months—1958
$5,657,830 $31,811,770 $30,307,729
4,848,985
25,130,760
24,127,187
333,016
2,572,717
2,371,487

$6,278,656
5,206,938
456,839

____

Net

v

opcr.

ry.

income

Other

Total

252,606

income

2,126,438

2,329,776

26,364

136(679

118,198

$333,612
92,257

$118,968

$1,845,176

$1,361,081

147,244

484,528

449,457

$430,869

—

330,497

23,661

income

__

$266,212

$2,329,704

expected

187,

p.

to be

2845.

22,189

charges

13,122

114,422

68,634

191.562

193,508

962,270

970,520

deductions

Fixed

Telecomputing Corp.—Receives New
corporation

San Antonio,

received
from

additional

the

Air

on

June

contracts

call

26

by

for

Wm.
the




R.

AF

Contracts—

contracts

Force's

Texas, for the manufacture of

announced
new

has

$1,500,000

Air

amounting

Materiel

Area

to
at

valve components, it
Whittaker, President,
spare

reprovisioning

of

aircraft

controls

company's mortgage
bonds.

new

Net

income

Earns,

$217,118

—

$0.31

share—

com.

per

189,

p.

$59,582
*$0.10

$1,253,012

notes.—V.

189, p.

facilities

in

Pottsville, Pa.,

'

Trans World

J/ames

C,

a

TWA is presently operating jet'flights between New York and Los.
Angeles;
New York and
San
Francisco; Washington/Baltimore-Los
Angeles and San Francisco; Chicago and Los Angeles and Chicago and

it was

new

announced on Juno 24.

Montgomery, President of Textron Metals, in his opening
"This is the first complete product integration under

trades.

roof

Our

will be

the

new

headquarters

of Textron

Metals.

The six

plants, located in: Minneapolis, Minn.; Chicago, 111.; YoungsOhio; Buffalo, N. Y.; Bronx, N. Y.; and Baltimore, Md., will be

Tidewater Oil Co.

—

this

an

—

V. 189,

p.

2725.

Plant to Remove Sulfur

The

corporation

installation

announced

Juno

per

and

sulfur.

The

Puerto

Rico

Files-

—

on

20,000

share),

without

•

Tuboscope Co.—Registers Secondary With SEC—
This company, located
at 2919 Holmes Road. Houston, Texas, on
26 filed a registration statement with the SEC covering 200,000
outstanding shares of its common stock, to be offered for public sala
by the present holder thereof through an underwriting group headed
by Glore,
Morgan & Co. and Rowles, Winston & Co. • The public
offering price and underwriting terms are to be supplied by amend¬
ment.
The company will receive none of the proceeds. - 1
June

fhe

primary business of the company is the non-destructiva testing'
pipe and other oil field tubular products. It
common shares, all of which is now owned by
Corporation. The latter proposes to sell one-half of its holdings.

ind inspection of drill
has outstanding 400.000

Union Electric Co.—Receives SEC

Approval lor Bank

order under the Holding Company Act
to make bank borrowings from time to tima
in amounts aggregating $28,000,000. Of tha
$28,000,000 proposed to be' borrowed, borrowings heretofore made to
the amount of $13,500,000.
under an exemption from the Holdings
Company Act, were outstanding at May 15, 1959. Union contemplated
that late in the third or early in the fourth quarter of 1959 it will

prior

Issued

has

SEC

to

an

this company

Feb.

14,

1960,

Issue and sell additional common stock sufficient to obtain approxi¬
mately $30,000,000 and will use the proceeds therefrom to repay Ita
outstanding short-term notes, the balance to be used for construction
purposes. The Commission's authorization for the $28,000,000 of bor¬

rowings will
company

terminate on Feb, 14, I960, or such earlier date as tha
consummates the issuance and sale of common stock.—V. 189,

2726.

p.

.

~Union Pacific RR.—Earnings Show Gain—

an

income

all

from

$25,814,641

increase

sources

on

"clean"

gas

will

then

be reinjected

Acquisition

The announcement further states: "A pilot plant with a 15-millioncubic-feet-per-day capacity which does not desulfurizc the gas has
been in operation for some time at the field.
•
<
"The presence of relatively large quantities of hydrogen sulfide in
the gas from the New Hope Smackover Field presented a challenging

five

the

months
same

as

by

this

Machine

Inc.,

year

in

1958,

on common,

Corp.—Acquires Aircraft Plant

Corporation

Co.

this

of

period

was

of the Aircraft Division of H & B
jointly announced June 29, in Loa

Angeles, by C. H. LundquLst, President of USCM, and David E. Bright,
Board

Chairman

Through

into the

availability when wanted for future production and

for

Considered as per share earnings
compared to $1.04.—V. 189, p. 2462.

U. S. Chemical Milling
American

ior th^ first

against .$24,994,966

as

of $819,675.

stock, this is $1.08

15

by
Miller, Jr., Vice President and General Manager of Tidewater's
Southern Division. It will process 50 million cubic feet of raw gas per
day, removing for sale such valuable components as propane, butane,
was

B.

reservoir for ready
sale.

Arecibo,

June J8 filed a letter of notification with the
shares of capital stock to be offered at pur
underwriting. The proceeds are to be used
for the manufacture and sale of the company's articles.
covering

..

multi-million-dollar

March 20

on

flown 175,000,000 revenue passenger miles
of 96ft.—V. 189, p. 2833.

Inc.,

Plastics,

($10

Net

technology will turn a major producing problem into an
example of sound and profitable conservation practice when this com¬
pany
puts on stream a new cycling and desulfurization plant an¬
nounced for the New Hope Smackover Field in Franklin County, northTexas

have

load factor

average

Triboat

—

Petroleum

The

inauguration of the first jet service

707's

TWA

year,

With Securities and Exchange Commission—

was

csst*

Since

San Francisco.
'

authorizing

division of Textron Inc., opened its

of the important aluminum items for the
complete line of prime windows, sliding glass
doors, all storm windows and doors, aluminum siding, etc., will all be
produceoTn this one new plant,"
buildihg

U. S. Cities—

corporation will inaugurate the first jet service at two mora
major U. S. cities when it. begins Boeing 707 jetliner flights at Pitts¬
burgh on July 25 and at Philadelphia on Aug. 2, it was announced on
June 29 by
E. O. Cocke, Senior Vice-President and System Genetal
Manager.
Beginning Aug. 21, TWA will also add a second daily jet round trip
flight between Chicago and San Francisco, bringing the airlines jet
flights to a total of 26 daily, serving eight key U. S. cities, Mr. Cock«*
stated.
These are New
York, Los Angeles, San Francisco,
Chicago,
Pittsburgh, Philadelphia, Washington and Baltimore.'
'

Borrowings—

stated,

oneXmanufacturing

Airlines, Inc.—Announces First Jet Serv¬

This

$0.72

The new plant is 112.000 square feet and is fully equipped to produceMhe entire line of Textron Metals' aluminum building products.

remarks

2937.

ice lor Two More Key

The

Metals Company,

as the basis for issuance of a portion
so deposited is to be withdrawn by the*
additions and used to prepay additional

amount

property

$771,384

$1.96

2725.

Textron, Inc.—Metal Unit Opens New Facilities—
Tc-xtron

The

against

company

Tusco

distillate

approximately

the

the

of

$1,810,538

—

Misc.

E.

is

for

SEC

Texas & Pacific Ry. Co.—Results From Operation—

sales

in

under

$16,748,057 $15,122,377
1,431,822
1,200,400

requiremejits—■—

date

time
to time up to $60,000,000 until June 7,
1960.
Net proceeds of the sale of the bonds and
preferred, stock will ho
applied in part toward the prepayment of notes outstanding under
this agreement, and the Balance will be deposited with the trustee

1958

3,279,462

and

from

44,081,141

$18,401,839

prices

headed by White, Weld
Corporation. The interest and
underwriting terms arc to

group

Securities

estimates that it will spend about $109,000,000 after
in completing construction work which was scheduled
completion in 1959 and 1960.
It has a revolving;
credit agreement with six banks which permit the company to borrow*

since

"3,603,306

—-——~.

dividend

underwriting

an

Webster

&

1959,

that

at

$68,867,593 $61,970,701

;—

•

Stone

company

April 30,

have been made

authorization

$20,351,363

■_

r-.~—

stock

and

rates, public offering
supplied by amendment.

with

fiscal

a

Co.

be

14-inch
station to
a

$20,029,171 $17,889,560
322,192
512,279

revenues

deductions

Additional

—

pipe line bonds, series due 1980, and 150,000 shares,
preferred stock, $100 stated value to be offered for

through

dividend

%
Gross

sale

<fc

approximately
on

.48,838,422

income

Income

Corp.

mortgage

cumulative

public

1958,

of

1959
—

—-—

taxes——

and

Line

previously noted in our June 29 issue, this company on Juno 25
a
registration statement with the SEC covering $20,000,000 of

of

Co.—Earnings Increased—

—

Operating expenses

Pipe

first

7.5ft

some

end

compressor

Twelve Months Ended May 31—

town,
and

As

The

begin

Gas

Registration Details—

Co.,

feet.

will

lateral

Carpenter

through other facilities
covered
by
early last winler.-r-V. 189, p. 2832.

May 30.
for

Transcontinental

The

Marr, joint developers

supplied with their basic products from Pottsville.

quarter
share, compared with $32,000, or

was

five cents

The

■>

•

filed

purchase represents

gas

had

cubic

company

Pottsville

Tel-A-Sign, Inc.—Sales and Earnings Rise—

was

:et

u»ilion. There

discovery

cost

by# 100 million

1395.

p.

be

branch

This

1,040 barrels of propane and 550

and extensive
indicated an optimum production
of 50 million cubio feet of gas
daily.
"Reinjecting the stripped gas will not only save the gas for future
sale, it will also serve conservation by maintaining proper pressure in
the reservoir, which will make
possible the most efficient and complete

year.
The current ruling by the PPC also gives the company final approval
on its application
to increase daily sales of its system

projector

the

Speech-Vuers," lecterns

Eastern

-"Deficit.-—V.

Equipment featured in the hew room includes such devices as "TeleMation", an electronic automation control which enables audio and

By

reinject the stripped

field

Rayne Field, a distance of some 22 miles, and upon completion
the Rayne gas will begin flowing into the gas system well in advance
of the requirements of the next winter
heating season.
Addition
of
these
large reserves to Texas Eastern's
system was
made possible on June 23 when the Federal Power Commission
granted
the company
authorization to construct M:he lateral line to The Rayne
Field.
In addition, the authorization included final
approval to con¬
struct
additional 30-inch loop lines on the company's
main trunk
between Kosciusko, Miss., and Uniontown, Pa., at a cost of some $49
million.
This main line construction was previously authorized under
a
temporary certificate granted by the Federal Power Commission last

\

,

Field

reserves,

trillion

diameter

spacious

more

fully equipped demonstration room
company to provide complete creative and tech¬
nical information on the varied
applications of large screen closed
circuit TV, the staging of "live"
presentations, and many other ad¬
which

over

to

"Reservoir

The

^

quarters, at 316 North Michigan Avenue.

Mr.

per

from,

remove

Field in Arkansas, it had been an elusive target for Texas
oilmen for many years. The discovery well in the New
Hope Smackover
-the 1-D Ramey, was completed in 1953. It tested at 41 millioik
per

add approximately one trillion cubic
according to Orville S. Carpenter,
ft-

Oil

Crude

Mr. Carpenter

Rayne

The

Its

Angeles, Cali.

keep step with the company's continuing
plans, this corporation on June 19 an¬

of

will

reserves

General

field,

company

13.2

in

equipment

processing

gas

Co.,

Preferred

expansion

relocation

the

Texas

common

'

TelePrompter Corp.—Moves Chicago Office—

of

barrels

20

rate

offered

from sales and services during the 13 weeks
ended April 4. amounted to $1,019,255
compared with $744,298 in the
corresponding 1958 quarter while net income in respective periods was
$60,576 and $28,682.
For the fiscal year ended Jan. 3, 1959 revenues
from sales and services were
$2,928,175 and net income was $155,488,
—V. 189, p. 2462.

A.

about

split among several holders.
operators plan to drill eight additional wells

four

wells.

Purchase arrangements provide for an initial
payment of some $12,400.000 in cash with the balanced! $121)975,000 to be subject to further
payments over a 16-year period.

REVENUES—Revenues

growth

Oil

Sun

of¬

fering of 150,000 shares of common stock was made on
July 2 by Lehman Brothers, Hallgarten & Co. and Hemp¬
hill, Noyes & Co. The stock is priced at $5.50 per share.

large

of

cubi

Corp.—Acquisition—

received

reserves,

produce

plant will be able to

Field

1.500,000

through purchase, at a
of
some
$134
million, of the leasehold producing interests of
Rayne Gas Field,
in Acadia-Parish, La., from Continental Oil

in

'1998.

In

gas

wells
new

Smackover

.

of $2,000,000.—V. 183, p. 1040.

excess

Transmission

natural

new

—

design and manufacture a completely integrated automatic paint
finishing system for domestic stove parts — without sacrificing or
etxending plant floor production area.

cess

Eastern

to" its

The

to

V.

in

This
corporation on June 23
authorization paving the way to
feet

The

Awards Contract

—

Aa part of an expansion program, this company has awarded a con¬
tract to The R. C. Mahon Co.'s Industrial Equipment
Division, Detroit,

the

assets were reported

President.

remain

Internal

S.

purposes

kind,

to

Most

gas.

sulfur, the

7,480 barrels of distillate,
butane daily.

their

Total

of

1959.

are

Sunray

The

will

offer

be recognized.—V.

A

750,000

biji

a

"Tidewater and Texaco were first to produce
successfully from tha
Smackover in East Texas. One of the richest and most
prolofic produc¬
ing fromations in the country similar to the one encountered in tha

shares.

of

Y.

N.

from

into

to bring the total number in
the field to 10 producers and six
injection wells.
"At 12,000 feet
plus, the Smackover lime is among the deepest pro¬
ducing formations in East Texas.

added.

shares

bother

.

There

to

report

of

to the

gas

"The

and

In addition tc
carrying out such internal developments, the coming
year's
program calls
for
corporate expansion activities,
based
on
acquisition of or merger with one or more
complementary electronics
companies. Mr. Ryden said. First step in this program was taken at a
special stockholders* meeting April 29 when the corporation's 5,541
outstanding shares of common stock were split 100-for-l. The same

com¬

shares.

Suntide

New

exchange

Which

p.

his

feet

spacing,

the

upon

so

Suntide
of

Broadway,

tax

shares

promptly send

'The
on

stock

conditional

Suntide

Stockholders

should

■

offer

an

of

stage,

one-time

Hope Smackover production i»

/

raw

ing 4.ft

'

stock.

mon

70

shareholders

to

advanced

an

a

/ft.
New

"Tidewater and Texaco, Inc., each have 46ft
working interest in tha
New Hope Field. Humble Oil &
Refining Co. has 4ft , with the remain¬

engineering talent. At the fiscal year's end, planning for a
Magnetic-Components Division to become operational this year

in

was

cubic

barrels

addition, Mr.
the company's former Military
activities have-recently been expanded into a
Systems and
Products Division with the addition of new executive and

new

the

of

could run on this raw gas, which is
canary yellow in color
a
gravity of 64 degrees API, just as it comes from the ground.
quantity, the proportion "runs to about 180 barrels of distillate per

"In addition

systems

The

248,998

turn
"

■

million

Military

Effective—

will

gas

million.

Products

Sun

the

feature

auto

In

assembly and test facility for production

products.
Ryden reported,

from

unusual

with

Jr.,
effect by

the year to accelerate the
Ryden said. These included
aids; completion of a new

Mr.

hearing

addition

controlled environment

a

precision
In

taken

were

sulfur

phenomenally high quality and quantity of its distillate content.

An

Arnold

expansion

of

"Another

period.

same

shareholders,

better than $23

bonus.

President, em¬
program
put into
the company's
new
management group. Majority stock interest in
Telex, formerly
held by Allen R. Hempel,
founder of the company, was purchased
last February
by a group of Twin City businessmen, headed by Mr.
Ryden.
the

as high as in the Smackover
production.
projected plant; will remove the sulfur, and at the going rato
per ton, the estimated daily production of 224 long-

"The

.

Highest sales and
earnings in the firm's 22-ycar history were
reported June 19 in the annual report of Telex, Inc. Gross
sales were
$4,470,470 for the fiscal year ended March 31. Profits
after taxes

phasized

rarely,

if ever, is it found in volume

>N

were

his

in

of

-

has

Division

$980,000

accepted

■

,

Company

Convair

and

-

absence.

connection

new

"

24

resignation
Jack S. Warshauer, who has been on

of

explained
position

a

his

of

concern.

June

on

Director

a

leave

extended

an

received

previously supplied by Telecomputing's*- Whittaker Controls Division

Los

51

USCM

of

H

&

B.

-'

'

this
acquisition,
terms of which were not
strengthens its position as a major factor

further

.

announced,
in the sub
with plants

machining of missile and aircraft Components
City, Calif., and Indianapolis, In<J.
Lundquist said
the new acquisition will be designated tha
American
Machine Division of USCM.
All present personnel will be

contract

in

Culver

^

Mr.

retained
The

and

new

all

present contracts taken over.
provide USCM with 110.000

facilities

square

feet of man-

X

52

The Commercial

(96)

and

Financial Chronicle

Monday, July 6, 1959
!r-m"

facturing

space

16

on

In Indianapolis

acres

LISTING

60,000 squaic feet

and

Stock

^USCM^the

world's largest producer of chemically milled missile and
components with headquarters in Manhattan Beach,
Calif.,

aircraft

Compton

Beach,

Manhattan

in

plants

operates

presently

and

ParaMa¬

Sales*;
USCM also has a wholly-owned sub¬
sidiary the Paul Omohundro Co.
'
"This is another step in our planned program of broadening our
base
and widening the scope of our operations,"
Lundquist stated,
"these two plants ideally complement our existing facilities and with
the business presently available to us, we will be able to fully utilize
chine

both

and

Equipment

units

with

plants

flC"In

plant, it affords us an excellent
our chemical milling
and other
operations.''
•
■
.'
>
In disposing of the H & B Aircraft Division,. Mr. Bright said his
corporation plans to devote more and more of its activities to civilian
operations.
In line with these plans, H & B recently .j
Willard Woodrow
Construction Co., with more than $41,000,000 ol
residential building currently underway across the nation.
Because of the corporation's entry 'into a new field, Mr. Bright said
plans are underway to ask stockholder approval of a change in the
corporate name to H & B Corp., dropping the American Machine Co.
the

location

of

case

Indianapolis
expand

our

which

to

can

we

■

of

two

U. S.

Kw

major

Gardner

above.—V.

Co.

188,

The

stockholders

The

increase

board

each

also

(par

stock

ondary offering of 4,000 shares of common

made on May 22 by Blyth & Co., Inc. at $33.25
per share, with a dealer's concession of 6Q0 per share/
This offering has been completed.—V. 189,/p. 646.

$10)

was

,

Upjohn Co.—Announces New Drugs—

the

of
the

power

debt

of

of

the

on

June

26

approved

recommended

td

increase

an

4,000,000.

when

the

to stockholders of one new
—'/■:.. .••/■//•/'• "

held,

share

ldr

approved"

meeting also

change

a

desirable

"a

for

the

of

rate

provided

of

Bulletin—

Issues New
A

four, which was heavily
additional capital.-

for

one

$2,400,000

stock

common

new

possible

bulletin

over-subscribed.

v:

and

blood

The

disorders,

reported

was

June

on

28.

were

compounds, synthesized in the laboratories of this company,
described for the first time in a communication in the ccurrent

issue

of

P.

new

the

Journal

Schneider,

and

of

Frank

Lincoln,

H.

Chemical Society

American

the

Dr. Herbert C.
Murray. Preliminary
drugs are now under way.

new

Identified

6

as

nlpha-fluoro-16

clinical

alpha

L.

John

evaluations
corticoids,

methyl

the

of

the

new

belong to a class of hormone—chemical regulator—drugs
corticosteroids.
Some
corticosteroids
(such as
cortisone

.compounds
.known

Spero,

B.

George

William
Thompson

by Dr.

as

and hydrocortisone) are produced by the adrenal glands—tiny acorn§haped bodies atop the kidneys. But in recent years man-made im¬

provements on
led

to

V.

naturally-occurring forms of these hormones have
improvements in the therapy of a host of diseases.—

the

dramatic

189, p. 1069.

6'A%

June 29, 1959, covering 80 investment contracts (partnership interests),
)£o be offered for public sale at $5,378.39 per unit.
The offering will
be made by O'Malley Securities Company.
No underwriting commission
in the usual sense will be paid; but of the total proceeds, O'Malley
Investment & Realty Co., a real estate broker,
will receive certain

real

f

estate

commissions

and

fees.

^

.

%

The partnership

was formed by the two O'Malley companies for the
buying approximately 190 acres of real property in Maricopa

purpose of

County, northeast of Mesa, Ariz., Tho price per acre is $1,500; and the
property is to be acquired op the installment plan over, a 15-year
period. The total present and deferred purchase prices of the invest¬
ment contracts being offered will not be sufficient to provide any funds
for the development of the real property. The partnership will continue
ft existence until its Interest in the Val Vista real
property has been

disposed

of. Management will be vested in the majority in interest of
partners, but day-to-day operation of the business is vested in

me

O'Malley Investment

attorney in fact.

as

As

previously

noted

900,000

in

convertible

of

June

our

with

the

this

29

issue,

on

June 24,

SEC

subordinated

debentures

filed

company

1959,
due

covering

July

a

$4,-

15,

1974,

sale by the two holders thereof. Dean Witter & Co. is named as prin¬
cipal underwriter for the offering of debentures and stock. The public
offering prices, the interest rate on the debentures, and the under¬
writing terms are to be supplied by amendment,
i, The 20,000 6hares of capital stock covered by the registration state¬
be offered for public

to

are

sale by Harold C. Booth, Vice-Presiand Henry J. McCarthy, a director.
10,000 shares of his holdings of 184,762 shares.

<tent and director of the company,
Each

to sell

proposes

As pf

April 30,

1959,

tho company had

1,560,643 shares of stock out¬
standing.
/
,/;./,.
'
The
company
Is engaged principally, through divisions and sub¬
sidiaries,- in the design, manufacture and sale of microwave tubes,
electronic instruments, vacuum equipment and electronic systems and

components, for military, commercial and industrial
the net proceeds from the sale

of

use.
It plans to
general corporate

debentures for

purposes, including, but not limited to, expansion of the

company's
company's working capital.
It is esti¬
mated that the cost of building construction
presently planned at the
company's Palo Alto site will approximate $3,000,000.
The prospec¬
tus states that anticipated increased demahd for the
company's prod¬
ucts and services will icquire additional investment in
working capi¬
facilities

tal.

increase

and

Pending

debentures

the

ultimate

these

lor

the

of

the

of

use

the

purposes,

proceeds from
company intends

the
to

Jjepay_ current bank borrowings and to invest in short
securities.
sale

The

the

of

will

company

20,000

shares

selling stockholders.—V.

receive

of

189,

none

capital

of

stock

the

sale

them

use

to

sold

from

the

two

by

2938.

p.

preferred shares and

par

„<

one

$100,000 common shares.
unit, which includes one preferred
share. (Indicated Initial Yield

per

common

RETIREMENT

30

days

notice,

whole,

in

at

par

PURCHASE

FUND—As

long

as

of

any

plus

the

^hares, 1959 series,
an

used

price.
•V

are outstanding, company will set aside each
year
equal either to 25%
of
consolidated net earnings, or
consolidated net earnings
less
the
total required
sinking
payments on its funded debt, whichever is the
lesser,
to be
for the retirement of these
preferred shares at tile redemption

DIVIDENDS TAX CREDIT—Dividends
October.

•

Mills

the

to

Individual

the

tax

credit

shareholders,
preferred

on

and

payable
resident

(and

15
in

January,
Canada

common)

stock

April,
will

be

dividends-

"DELIVERY TERMS—Interim
^il^le 0n
on

or

or

certificates for the preferred shares will
about Juh 21' 1959- exchangeable into definitive

about

COMM0N SHARES
iSoares

Dec.

31,

DEPOSIT

1959.

and

who shall deliver

on

holders

or

before

be

deposited

Dec.

100,000
with

The

common

Eastern

31,

1959 to the registered
certificates for an, equal

of,the preferred shares definitive
of common shares.
Until definitive certificates have
been mailed,
Jn the units will be
transferable as units
number
*

the securities

Included

ohly.

TRANSFER

AGENT

AND




principal
J.

Scott

stock

33,727

189,

91%

own

of

the business

of

stockholders
who

Talbott

Talbott

and

assets

offering

DEPOSITORY—The

Trust

Co.

August

1959.

restricted

by

77,471 shs.

•

132.430 Shs.

bond

indenture.

//;•'; /,v.,

.

',/i:

,

; /

.

.

.

-

,

public offeringg

a

of three

blocks

of

by "a.

the .underlying

long' list1 ol

shares

ilesmen

s

at

and

$1

per

former

transferees of the foregping.
/;•. * ...
the company from its stock

The

options
They are

share.

salesmen

agents
other

,

,

s^fie

Capitol
Western

of

and

persons,

/

/

of

are

'. \

•

estimated

at

of

an

.

;

the Navy'.s Bureau'of Ordnance

to

outgrowth of earlier j engineering contracts

the first of .which

was

developed the vatiqus fuzes to meet approved
production
design: ^The original concepts/have undergone several .en¬
gineering modlficalidiiS*'through ^subsequent, eontracts".
of

the/new/con tracts

of

Two
design

,

which "was

for

are

developed

improved

Melpar

by

target detectors, /.the
under-prior research and

development, contracts.
The third .contract covers work on
number o! further improved models of the detectors!—V. 189,

outstanding stock of
Talbott and Talco are

respectively, >34%
and
addition,. Clinton H. Wood

Talco

31,419

and

7%v of

common;

Inc.,

the

stock

Miller

and

.

.

of

.

stock

common

a

smajl

p.

2726.

principal underwriters. /
*.'•
'
The company wax;, ihebrporated under Kansas law

..

,

;
as

the

V.

Wilcox:

also

to

successor

The

munication

makes

company

%/4

on July 8,
1939,
ElectHc Company Founded in ;1931 by
Jay

Wilcox

aeronautical

raido

systems

for

com¬

from

ground-to-air, air-to-groupd, and point-to-point. It
instrument
landing
equipment,
systems
which'; provide

makes

guidance in
loc^l knil cross-country flights; aircraft -identification; and
"positioning' equipment, 'and other air navigation equipment. Its,' prodiucts
are
sold/"principally", to' commercial airlines, operators of busi¬
ness
and perSphal aircraft, agencies, of federal,
state, and municipal
governments, Foreign• .governments, ,and other, manufacturers.
The "net profceeas'"'to: the
coriipany From;' the sale of the 143^736

(par $1)

t

a

.

.issue, this company filed a
June; 24, 1959, 'covering 318,'-

•the

.

.

Detail^—29
on

736 shards of common stock; $3 par" valued/Of the shUTes
being regis¬
tered, 143,736 shares a¥e to be offered for phblic sale by /-the" issuing
company and
175,dOO shares, representing outstanding stock, arc to
be
offered
For- said
by the present holder thereof, Jay V. Wilcox,
president,, treasurer, and director of the company.,/The public offer¬
ing price and underwriting terms are to be supplied /by amendment.
Lee Higginson Corporation
and Stern Brothers & Co: are listed a?

—»

by Blyth & Co. Inc. at $17.50 per
dealer's concession of, $1 per share. This
completed on June 26.—V. 175, p. 2382.
<•

EVctfrie. ^

Wilcox

As
previously rioted In our June
•registration statemeiit with the SEC

19,076

Baltimore, Md.

dental laboratory.

30,000 shares of

new«contracts -awarded."by

Engineering .Division

of

•

a

underlying

'be; of fered by the present holders thereof.

own,

In

Laboratories,

shares

■

to/be

sold

by

it

will

he

applied, in

to

part

all

repay

of

the

short terim bank/ loans, which were incurred^ to meet
in^
working capital requirements and to provide funds for capital

company's

West Penn Electric

creased

Co.—Earnings Increased—

The

expenditures,

company on June 2G reported consolidated
of $147,651,307 fo-r the 12 months ended

nues

total operating reve¬
May 31, 1959, up $7,-

538,209 from the total of $140,113,098 for the 12 months, ended May
31, 1958.
Consolidated net income for the same period ending this
year
is $20,925,016 or $2.33 per share compared with $19,860,716 or
$2.21 per share a year ago, with 8,976,000 shares of West Penn Electric
stock

common

outstanding.—V, 189,

West Virginia Pulp
E.

189,

pp.

and

2726

r

Jay V.
tinue to

shares

2615.

»-

exps.

;

■

Offering to

three

Com.

stock for

each

held,

to

five shares of

stockholders will

to

one

preferred

share

preferred

of

stock

common

have the

shares of

company was incorporated under the laws
California
on
Nov.
16, 1910 under the name Los

of

Bay

Area

San

in

California.

Jose-Los

PROCEEDS—The

Gatos

Its

Road,

proceeds of

hereby will be used to finance
During

the

past

a

18

principal

Los

the

Gatos,

sale

of

executive

offices

are

at

1959.

year

all

the

the

the

stock

common

offered

portion of the company's construction
months. the: company

has

expended

Additional

far

the

funds

remainder

are

of

•

44,729

net

shares

proceeds

will

Earnings

—

1959—12 Mos.—1958

.

$15,448,390

I

$44,268,748 $41,509,430

13,916,-722 <

12,570,601

36,483,446

34.360.391

$3,269,507

$2,877,789

$7,785,302

10,797

8,964

125,687

$7,148,039
191,885

$3,280,304

$2,886,773

684,546

581,505

.

income:^.--.
i-—

income

_

deductions

$7,910,989
.

income

_/

82.5C5.758

_

$7,339,924
•

1,849,630

$2,305,268

$6,061,159

1.781,061

$5,558,863

stock

Earns,

divids:

on

Shr's,

Earns/per

fGSv

—V.

com."

355,-066

27G.400

911,388

811,200

$2,240,692

$2,03*1.808

$5;i49,771

$4,747,663

2,188,431

2,788,431

2,788,431

2,788,431

$0.73

Si .85

$1.7Q

.

stk./_

oUts:tdg.___,
com.

share

$0.80

235G.

P.

/

-

•

r

World Wide Helicopters Ltd.—Earnings—
Year Ended Jan. 31—

Gross

Net

1959

income

Pre-tax

'

inriome

on

1956

$1,879,531

$1,630,365

396,518

466,647

$0.47

•

-364,549

'
.

$0.41

,

881,603 shares, outstanding on. Jan.

Earnings-results,
were"

1957

$2,208,797

415,935

-Earnings "per share_'_:^
'-Based

1958
•

428.613'

$2,694,485

net

ancl

a

429,555
-

a

$0.49

-

31,

pronounced improvement

achieved-"notwithstanding

647,249

.

577:315
-

"

$0.65

1959.

in

working capital,

substant ial write-off of obsolete items

formrftly^ included in inventorj'" and after waiting off a large. 110)1recgrfhig'loss in Libya amounting to $187,0001 The latter "was occa¬
sioned principally by our rebuilding and modernization program which
completed last year and which was charged) to bperating expenses,"
said.
The Libyan operation is now showing a profit
and "our
earnings, picture this year should be favorably affected hy this improved

was

Flint

Calif.

for
temporary financing of this construction.
required to complete the construction program

price,

Corp.

"

the

approximately $1,818,000 for additions and improvements to its tele¬
phone
plant, principally for outside plant and station equipment,
buildings, and central i office equipment, and at the date of this
pros¬
pectus has outstanding $1,385,000 in short-term bank loans incurred

the

Net

Gatos

Telephone' Co., which was changed in 1956 to Western California
Telephone Co.
The company is an operating public utility
engaged
principally in the business -of furnishing local and long distance tele¬
phone service through four exchanges located around the San Fran¬
cisco

-

common

BUSINESS—The

State. ot

the
pur¬

stock then held.

privilege of subscribing
stock,-subject to allot¬
ment, out of the shares, if any, not sold upon the exercise
of rights. Rights
expire on July 15, 1959. No underwrit¬
ing is involved.

for additional

be -added to

on

and holders of

subscribe

will

(assuming all of-'the presently
2938.-

p;

$17,186,229

taxe«—

incomfe

Gross

Pfd.

then

180,

•41959—4 Mos.—1958

Apr: 30

&

oper.

Income

"Time 17, 1959, trans¬
ferable warrants
evidencing rights to subscribe to 44,729
additional shhres of common stock (par
$10) at $17.50
per share, on the basis of one additional share for each
entitled

proceeds

stock

common

sold).-—V/

revenues:__

bper.
Net

ig, issuing to its stockholders

of record at the close of business

shares

coiripany's

End;

Operating

(

Western California Telephone Co.—Rights

be

such

of

following his sale of /the 175,000 shares, will cqn^.175,25.9 shares, represent ing 35.05% - of the - outstanding

shares 'are

Period

Other

will

balance

Wilcpx,
own

of' the

offered

/

Stewart, Chairman and Chief Executive Officer of National
Dairy Products Corp. and a director of Irving Trust Co. and. McKesSou
& Robbins,
Inc., was elected to the board of directors of the paper
company.—V.

the

Wisconsin Public Service

Paper Co.—New Director—

&

and

company's general, funds and be available for various, corporate
including iricreaxed working capital,' • •

poses,

2835.

p.

E.

If

Eastern

200,000 sh.v

issuance

but

for /TALOiS
begun iii 1953. Following design concepts
.formulated.by/j.he'No.val Ordnance Laboratory, Corona, Calif., Mclpars
fuzes,

June 25

on

was

cumulative!,/

amount

•

Wells-Gardner & Co.—Secondary Offering—A second¬
made

to

proceeds to

These

the

—

operation of

to

Melpar, are

2289.

p.

ary offering of
was

„

200,000 shs.

iis

are

stock.

>

of each.
Talbott and

common;

Dental

share, with

stock—5'i

Inc.'/a-subsidiary, recently received three contracts totaling
$1,500,000'for the production of target detecting devices for the
Navy's TALOS Surface-to-Air-Missilc.
/
• /;
/ *•-.

corporation on June 4 filed a letter of notification with the SEC
covering 10,000 shares of common stock (par $1) to be offered at $10
share, without underwriting.
The proceeds are to be used for expenses incidental to the construc¬
tion

375.000

Westinfflibusc Air Brake Co.—Unit Awarded Contracts

per

program.

AGREEMENT—The

forming part of the units shall

Trust Co.

The
and

the

^common.—V.

550.000 /

+1,000,000

Melpar,

Co.
Sherman Concrete Pipe is owned by Charles C. Miller.
The
prospectus indicates that- Mills and the Kentucky Trust Company will
receive 9,104 preferred
and 329,022 common shares; Wood 667 pre¬

ferred

'350.000

1983,/

$161,421," but without',, any /deduction' of the $15,157 in /underwriting
commissions:/possibly to be" paid tc> Capitol Underwriting, which are
to be used for generdl"
corporate 'purposes.:': /'
/'
: /

■

Mills

15900

certificates

for

outstanding stock

10%" of

owns

,

paid.

■

preferred

to

entitled

^

accrued

amount

fund

of

All

.REDEEMABLE—On

dividends.

equal

24%

E.

together

persons

Stockholders—The company

Venezuelan Power Co.—Securities Offered—Gairdner
& Co. Ltd., on June 30-offered in Canada
only, 100,000
/units consisting of 100,000 6% cumulative redeemable

$hare and
6.66%.)

of common

the

j.

/The price is $9

Net

stockholders of Mills Company arc Ralph E. Mills
Kentucky Trust Company, as trustee under a trust revocable

term government

proceeds

being

the "

of

;

$10

certain

■

.

rpse

560,000 shares

<

Company.

Ralph

SI.100.000

.Underwriting Co.,/present and former insurance
Empire, memliers; oj. "it; iidvisory rbdard, certain

The

$nd 20,000 shares of capital stock, $1 par value. The 20,000 shares
pt capital stock are now outstanding and are to be offered for public

ment

Mills

Outstanding

■

1980://,

stock

purchase'' of

held

now

Brook, Ala., filed a registration
1959, covering 10,000 shares. of

29,

Chattanooga, Tenn,,

Files With SEC

Registration Details—

June

on

preferred stock and

Pipe Co.,

these

•

over

Mountain

at

company.
The
principal
the

FINANCING

PRESENT

_

permit

flow-

that

Warren

Varian Associates—Additional
registration statement

cumulative

by Mills;

TO

to

1982.

dtfe

be .sold ,in

options)

proposes
to issue the
preferred and common shares to the
stockholders of Ralph E., Mills Co.,
Talbott Construction Corp., and
Talco Constructors, Inc., in exchange for all the outstanding capital
stock
of
those
three
corporations,
and
to the
owner
of Sherman

and

5%»%

due

(plus the^uiderlying shares).
The company proposes .to make

Vulcan

Concrete

EFFECT

to

needed

This company, located at 2801 East Colfax
Ave., Denver. Colo., filed
a
registration' statement with the SEC on June 29, 195/
covering
212,000 shares of common stock and options to
purchase 172,701 shares

Vulcan Materials Co.—Registers Exchange Otter With
Securities and Exchange Commission—
company, located
statement with the SEC

Val Vista Investment Co.—Registers With SEC—

central

and

amounts

Western Empire Life Insurance Co.,
Denver, Colo.—
Registers With Securities and Exchaorge-Commission/-

its

monitoring system affords a means of
safeguarding the city's inhabitant's against unnecessary exposure to
dangerous radioactivity caused by fallout^ radioactive, rain, or other
contaminants.
;
\
' ■/ '
The first two units, according to the
company, have been shipped to
a large eastern city. They will
be connected into the city water supply
and are expected to be in operation within 60 days.—V.
183, p. 2938-.

This

This company, located at 1802 North Central Ave., Phoenix, Ariz., a
general partnership, filed a registration statement with the SEC on

Any

expect

High Sensitivity Monitoring System— /

scintillation

Victoreen

D,

fTo

This

A high sensitivity monitoring system specifically designed for meas¬
uring trace amounts ol radioactivity in a city's wmter supply system
is reported in an announcement by the company, ;
///. ■/'/;" V',
By continuously monitoring and recording beta and gamma levels,

the

5%;

''Unlimited

,

Announces

1959/

not

1979: .//

4)4%,"due

C,

Common

etc.

Development of three new cortisone-like drugs of tremendously en¬
hanced potency, which could prove superior to compounds in present
/use in the treatment of skin and allergic diseases, rheumatoid arthritis

in

B,

Preferred

*-

covering

does

5%%, due 1984,,.
Capital stock ($10 par)

future

line of Tullamore Series CRM
count rate meters has been announced by this company.
The bulletin, Form 3025-9,
outlines the features of the seven new
models comprising the line of linear, log, and differential count rate
meters, gives suggested uses and applications, describes circuits, ranges,
4-page

new

,

be for line extensions and

will

($338,000)

company

Series, E.

stockholders

to

financing

Series

was

producer of scientific and nuclear instru¬
equipment for aircraft and missiles, earlier in

offered 247,159 shares of

year

The

Series

leading

a

electronic

and

for

stock

customers

new

Series

.

said.

he

company,

ments

"Tlie increase in authorized shares

providing available

of

purpose

these costs

of

"Authorized

corporate
acquisition,"
according to David H. Cogan,
President.
"No acquisitions or mergers are now con¬

the

in

*First mortgage bonds
Series A, 4)4%due

and

templated," Mr. Cogan stated.

to

...

that,would require majority

approval of stockholders in connection with mergers and consolidations,
rather than two-thirds, in order to eliminate possible delay in effecting'
Chairman

and expects

1984.

used-to finance a portion of the company's
1959, which is expected to amount to $587,-

be

CAPITALIZATION GIVING

'•

•

due

office equip¬
do any further
complete 1959
construction will be obtained by short-term bank loans;
and if all
of the 44,729 shares of common stock
being offered are not sold—the
offering not being underwritten—the amount of such short-term bank
loans may be increased accordingly.
^
:

authorized

13.

for

($166,0001,

permanent

in

May

will

construction

The,major portion

connections

*

•

the directors

by

mortgage bonds, ./series E„ 5%%,

additional
000.

operating

distribution

a

first

proceeds, if any,

ancillary installations
plant at Anaco; the
one

its

complete this sale in August, 1959. An amount equal to the net proceeds
from the sale of the common stock and the series E bonds,
estimated to aggregate approximately $1,760,000, will be applied first
to The payment of the
outstanding bank loans previously referred to
( which may be increased
prior to payment). The balance of such, net

ment

2,000,000 shares

was

voted

four

The

the

Secondary Offering— A sec¬

—

and

generators

"

.

received

,

capital stock from

at

United Utilities, Inc.

of

Victorcen Instrument Co.—Stock Increased—

The

|

1869.

p.

turbine

gas

expansion program
the* reduction of

towards

*

<■■■

PRIVATE PLACEMENT—The company has also made arrangements
for the sale to two institutional investors of $1,000,000
principal amount

proceeds from
the sale of these
sale of debentures) will be passed

pet
from simultaneous

subsidiaries.

also

Printing & Lithograph Co.—To Merge—

Diamond

The

the Toronto

on

filing of required

^

distribution.

company's operating subsidiaries, in Venezuela by means
of preferred' shares and promissory
notes of ,one of the.
The
major part
will be applied towards the purchase

acquisitions,"

See

shares

of

subject to the

satisfactory

....

.

designation.—V. 189, p. £26.
.

of

units

the

of

approved,

been

ISSUES-

OF

5,500

the

balance

the missile

increasing participation in

steadily

our

the

purchase

subsidiaries.
for

has

evidence

well as

(as

to

of

UNITS—Listing

and

PURPOSE

on

Automatic

Electronics,

Missile-Air,

include

other^ divisions

Its

v

OF

Exchange

documents

—v •>•>!■

being offered are sold at the
be approximately $763,000,

subscription

situation//Knute Flint, President," said.

-.

/'

WoskUig --capital at the fiscal year-end amounted to $304,239
pared,With;a working capital deficit; of $169,326 the year before;
giving^effect. to the substantial writedowns.—V. 188, p.-2356.
■

Zapata

secondary

Petroleum

offering

Corp.

of

—

18,370

com-

after,

Secondary Offering — "A
shares of common stock

(par 10 cents) was made on May 27 by Shields & Co. at
7.871£ per share, with a dealer's concession of 60 cents
per share. It was oversubscribed. V. 186, p. 53.

Volume 190

Number 5081

.

.

The

.

Commercial and Financial Chronicle

(97); 53

STATE AND CITY

DEPARTMENT

BOND PROPOSALS AND NEGOTIATIONS

ALABAMA

coupons;

-

-Alabama

Warrant Sale—An: issue of $30,-

-

000 capital
wias

sold

Inc.,

as

outlay school warrants
to

3s

Hendrix

and

&

Sale

cost

awarded

to

coupons, for

of

and

4.2968%;

net interest

$240,000 of

Water

through

$22,750,000

6%, 4J/2%

net

a

The

-

at

and 4%

interest cost

bonds

prices

are

to

of

1967,

coupons,

being reoffered

yield

from

3%

by

to

a'

Blyth

&

.

.

Other
cate:

members

Kidder,

Equitable

of

the

Peabody

Securities

syndi¬
&

Corp.,

Co.

Co.,
C. J.

Devine & Co., Phelps, Fenn & Co.,

Glore,

&

-

■

Bonds Not

ceived

for

Sold

the

—

All bids

re¬

$7,500,000 munici¬

Forgan
&
Co.,
Merrill pal utilities revenue bonds offered
Lynch, Pierce, Fenner & Smith, June 25—v.
.189, p.
2836—were
Blair & Co., Inc., Stone & Webster
rejected.
""
; - •
Securities
Corp., Salomon Bros.
& Hutzler, B. J. Van
ARIZONA
Ingen & Co.,
John

.

Nuveeit &: Co., Ira Iiaupt &

Co., Sterne, Agee & Leach, Hall& Co., Hayden, Stone &
Co.,
First
oh
Michigan
Corp.,
garjten

American Securities
Stevenson

&

Co.,

Corp., Bacon,

W.

H.

Morton

&'

Co., Robinson-Humphrey Co.,
Inc., and Hendrix & Mayes, Inc. -

Maricopa County, Glendale
High School District No.

Union

Goodbody

&

Co.,

Offering

11

a.m.

Kcnower,

Field, Richards & Co., Granger &
Co./ interstate Securities Corp.,

Arizona

Bensdorf

&

Co.,

Tuller

Bond
Clerk

Offering
of

Rhea Averill,

—

Board

of

Supervisors,

&

will

Co.

11 a.m. (MST) on
July 20 for the
purchase of $15,000 general obli¬
gation bonds. Dated July 1, 1959.

Zucker, "Barrow, Leary & Co.,
McCormick & Co., and Milwaukee

Cruttenden,

Podesta

Clement A. Evans &
haus

&

Boyce,

Lembo,

M.

A.

&

Co.,

Co., Glickgn-

Stein

Bros.

Saunders

&

&

Co.,
Johnson, Lane, Space Corp.,
Scharff & Jones, SeasOngood &
Mayer, Stranahan Harris & Co.,
Leedy, Wheeler & Alleman, Inc.,
Stern, Lauer & Co., Newman,
Brown

&

Due

receive

on

(J-J)"

sealed

bids

until

July 1 from 1961 to 1970

inclusive.

Principal

payable

Treasurer's

at

and

interest

the

County

office.

Toll

Bridge

Authority

(P. O. Sacramento), Cal.
Bond Offering—Robert B. Brad¬

ford, Director of Public Works,
Secretary of the Authority, will

L.

receive

Wright & Co., and Magnus &

sealed

bids

until

11

a.m.

(Calif.

DST) on July 28 for the
E. Ray Allen & Co., Allan Blair 'purchase of $34,000,000 carquinez
& Co., Giuthef &
Co., J. A. Over¬ strait fridges toll bridge revenue,
ton & Co., Cumberland
Securities Scries B bonds. Dated March 1,
Corp., Cunningham, Schmertz & 1959. Due on Sept. 1, 1995. The
Co.,

McDougal

Southern
heimer

&

Condon, Inc.,
Company, WestJuran & Moody,

Bond

&

Co.,

Inc.,
&

Steiner, Rouse & Co., Pohl
Co.. Horner, Barksdale &
Co.,

Vincent

Newman

&

Co.,

Sweney

Cartwright &
Co.,
Howard
C.
Tray wick & Co., Walter, Woody
&
&

'Heimerdinger, and
Irving Co.
'

Weil,

Roth

ALASKA
'

"7
.

-

Anchorage, Alaska *.
Bond

Sale

30. the

Ira

—

and associates

were

$2,325,000 "general

tions

bonds, due

1974,

inclusive.

mitted
which

a

is

street

July

Haupt & Co.
awarded June

bid of

July
The
par

comprised

1,

carrying

1960

6%,

sub¬

for the

issue

of

through
4%%

to

group

improvement
1,

obliga¬
1960

$1,300,000

bonds

callable. Principal and

are

(M-S)

American

payable

at

the

Trust

Francisco, or
Company, New York City. Legal¬
ity approved by Orrick, Dahlquist,
Herrington & Sutcliffe, of San




the

at

Riverside

urer's

office,

America

or
T. &

N.

geles, or at
the County
York City,

any

(F-A)

County
at

the

payable
Treas¬

Bank

of

S.

A., Los An¬
fiscal agency of

in

Chicago, or New
designated by the
successful
bidder.
Legality
ap¬
proved by O'Melveny & Myers, of
Los Angeles.

on

July 6 from 1961 to 1978

(J-J)

Principle

payable '• at

Treasurer's

office.

and

interest

the

be received

until 11 a.m. (PDST)
July 14 "for the purchase of
$36,000 general obligation school
building bonds. Dated Aug. 15,
1959. Due on Aug. 15 from 1960 to
1966

inclusive.

terest

(F-A)

Principal and in¬
payable

at

the

County Treasurer's office. Legalr
ity approved by O'Melveny &
Myers, of Los Angeles,
San

Diego Unified School District,
San Diego County, Calif.

N. T. &
cate

ap¬

proved by Orrick. Dahlquist, Her¬

rington & Sutcliffe, of San Fran¬
cisco:

cisco.

■

$1,900,000 road

bonds. Due
1964 to 1988 inclusive.

to

S. A.

to 1988 inclusive.

325,000

30

purchased the
issue. The

inclusive.

Manchester, Conn.
Offering Postponed—The offer¬
ing

of

$1,500,000

paid

a

premium

combination

a

3%%, 4% and 1% bonds,
interest

to

cost

of

of

5%,

or a

net

district

the

3.94%, The bonds

of

were

investors to yield

to

7—v." 189, p. 2939—has
been postponed until July 15.

reoffered

from

not

were

$27

million

FLORIDA

by

proved
1956.

Bond

Offering—E.

in

will

in various

and

by the

end of 1959 include
additional junior high
six

and

more

special

Dated Mar.
from

1

bonds.

revenue

1, 1958. Due

1963

to

1978

Mar.

on

inclusive.

Principal and interest (M-S)

pay¬

able at the Miami Beach First Na¬
tional Bank, Miami Beach. Le¬

gality

approved
by Michell,
Pershing, Shetterly & Mitchell, of
New York City.,
Florida

Development Commission
(P. O. Tallahassee), Fla.

Bond

Offering—Secretary T. W.

bids until
30

that

announces

will

receive

the

sealed

10

a.m.
(EST) on July
purchase of $3,750,000

the

for

revenue

bonds,

$2,000,000

follows:

as

Santa

County
Dated July 1,
July 1 from 1961

to

1988

inclusive.

1969

callable
terest

Bonds

due

thereafter

and

are

of July 1, 1968. In¬

as

J-J.

1,750,000

Glades

County
road
1, 1958. Due

bonds. Dated Oct.

Oct.

on

1

inclusive.

from

Oct.

to

1983

due

in

1969

Bonds

and thereafter
of

1961

callable

are

as

1, 1968. Interest A-O.

Payable at the Chase Manhattan

Bank, of New York City. Legality
approved by Caldwell, Marshall,
Trimble & Mitchell, of New York

underwriting
provide
funds

competitive
an

for

accounts,
assured

-

the

financing,
source

of

needed public projects.

Other
bank

through

major
syndicate

members

of

the

which purchased
$7,000,000 San Diego Unified

School

District

Bonds

were:

The

Co.;

The

E. F. Hutton

&

Co.

Bond

Utility District,
County, Calif.

Offering—Sealed bids will

be received by the Board of Di¬
rectors at their office at Box 602,

Bijou, until 2 p.m. (Calif. DST)
July 16 for the purchase of

on

Works,

will

City, until noon (EDST)
July 21 for the purchase of
$12,500,000 highway revenue, Se¬
ries D, bonds. Dated July
1959.
Due

from

The

bonds

1961

to

1989

inclusive.

callable.

are

Legality

approved

by Orrick, Dahlquist,
Herrington & Sutcliffe, of San
Fraficisco.
ILLINOIS
Joliet

Park

District, III.
Offering—Jack P. Tabor,
Secretary of Board of Commis¬
Bond

sioners, will receive sealed bids
until 7 £.m. (CDST) oh toy 20
for the purchase of
bonds. Dated Aug.
Feb.

on

(F-A)

from

1

$700,000 park
1, 1959. Due

1961

Principal
payable

at

to 1979

in¬

and
interest
the First Na¬

Chicago.

Keensburg, III.
Bond Offering — Ray B. Nye,
Village Clerk, will receive sealed
bids

Thomas,
ceive

City

sealed

(EST)

Offering
bids

M.

W.

will

until

1962

re¬

11

a.m.

on

to

1989

inclusive.

Principal

Morgan Guaranty Trust Company
New York City, or The First

of

National Bank of

Leesburg, Lees¬
burg. Legality approved by Cald¬
well, Marshall, Trimble & Mit¬

chell, of New York City.
University
Bond

Blake,
receive

(EST)

of

Tampa,

Offering

—

bids

s(CDST)

p.m.

on

revenue

bonds.

Dated

1, 1958. Due on Nov. 1 from
to 1993 inclusive. Principal

1961

and interest

rity

payable at the Secu-»
of Mount Carmel, in

Bank

Mount Carmel.

Legality approved
by Chapman & Cutler, of Chicago.
Palatine, III.

offered June 22—v. 189, p. 2836—
were
awarded
to
McDougal &

Condon, Inc.,
100.10,

10

Springfield Public Building
Commission, Illinois

purchased

was

negotiated

on

June

25

via

sale

by a syndicate
headed by John Nuveen & Com¬
pany,
terest

at

price of

a

cost

follows:

1,440,000
from

will
a.m.

4%s, at a price of
of about 4.36%.

Bond Sale—An issue of $2,275,000 public building revenue bonds

from

F.

as

basts

a

$370,000

Charles

until

water

000
Nov.

Fla.

Secretary-Treasurer,
sealed

7:30

Bond Sale—The general obliga¬
fire bonds totaling $95,000

—

Manager,

until

July 15 for the purchase of $75,-

tion

Leesburg, Florida
Certificate

465,000
from

of

par, a net
about
4.17%,

in¬
as

*

3t£s.
1961

Due
to

41/4S. Due
196*5

4Vss.
1977

to

March 1
inclusive.'
March 1

on

1976 inclusive.

Due
to

on

1964

on

March

1

1979 inclusive.

July 16 for the pur¬
chase of $440,000 housing revenue
Note—No bids were submitted
bonds. Dated Nov. 1, 1958. Due on for the above bonds when origi¬
Nov. 1 from 1961 to 1998 inclu¬ nally offered on June 15—v. 189,
sive. Legality approved by Cald¬ p. 2836.
-J
Other members of the syndi¬
well, Marshall, Trimble & Mit¬
cate: J. C. Bradford & Co., Carcus,
chell, of New York.
Kindred
&
Co., Baxter & Co.,
GEORGIA
McDougal & Condon, Inc., WhitePhillips Co., and Mullaney, ,Wells
Chatham County (P. O.
on

.

South Tahoe Public

El Dorado

Public

on

City.

and interest (A-O), payable at the

underwriting syndicates it

of

tional Bank of Joliet. Legality ap-:

State and Municipal bonds in the
past 12 months. The bank and its

T. & Sc A.

intendent

proved by Chapman & Cutler, of

on

manages
have
purchased
more
than $652
million of California

successful

(P. O. Honolulu),
Bond Offering—Tim Ho,
Super¬

1958. Due

July 14 for the purchase
of $750,000 utilities revenue cer¬
tificates, series of
1959.
Dated
April 1, 1959. Due on Oct. 1 from

and the

HAWAII
Hawaii

clusive.

Rosa

elementary

schools,-as well as additions to
elementary
schools,
one
junior
high
school,
one
high
school and one junior college.
i

Judges
Legality approved •* by
Vandewater, Sykes, Heckler &
Galloway, of New York City.

bridge bonds.

seven

Bank of America N.

Leather-

a.m.
(EST) on July
purchase of $1,000,000

the

airport

stages of planning

Facilities scheduled for comple¬
tion

B.

until 11

for

to

development.

Chatham

of

Ex-Officio

New York

14

ap¬

used

and

bids

in

November,
be

Commissioners

County,

thereof.

receive sealed bids at.the Chase
Manhattan Bank, 40 Wall Street^

reoffered.

voters

Proceeds

1988 inclusive/

Clerk of Board, of County
Commissioners, will receive sealed
man,

provide essential school facilities
to keep pace with the district's
rapidly rising enrollment.
Twenty-one construction projects
are

the

County ( Acting~ as Dade
County Port Authority) (P. O.

2.50%

authorization

to

A

The bonds just sold are part of
a

1964

July. 2, 1959. Principal
and interest (J-J) payable at the
office of the Disbursing Clerk of

Dade

4.05%, according to maturity
Aug. 1, 1960-1978. The bonds due
1979

high

July

to

in

junior;

school bonds originally scheduled
for

bank

for

/'

1

200,000 health center bonds. Due
from

Commission

group

home

Due from 1964 to 1988

Dated

Witherington

$3,869

)

indigent-• nursing

bonds.

CONNECTICUT

underwriting syndi¬

June

on

from

75,000 jail bonds. Due from 1964

a

$7,000,000 school bond

County

Legality

1962

Miami), Fla.

Union School District,
Orange County, Calif.
Bond Offering—Sealed bids will

Corp.; Smith, Barney
Northern Trust Co.;
Camino Union School District, El
American Trust Co.,
San Fran¬
Dorado County, Cat.
cisco; Merrill Lynch, Pierce, Fen¬
,Bond
Offering — Ruth
ner & Smith,
Lang,
Inc.; Dean Witter 8*
County Clerk, will receive sealed Co.; Weeden & Co., Inc.; The
N a ti d n a 1 Bank;
bids at her office in Placerville Philadelphia
J. Barth & Co.; EquitHble Securi¬
until 11 a.m. (Calif.
DST) on July ties
Corp.; John Nuveen & Co.
6
for
the
purchase of $107,000 (Inc.); William R. Staats &
Co.;
school bonds. Dated July
6, 1959. Shearson, Ham mill & Co.; and
inclusive.

from

inclusive. Principal and in¬
payable .at
the
County
Treasurer's office. Legality ap¬
proved by Orrick, Dahlquist, Her¬
rington & Sutcliffe, of San Fran¬

Costa Mesa

&

Due

Due

terest

as

First Boston

Francisco.

due

414%

the

cipal and interest

Company in San
at the Irving Trust

and

1970
and

bonds

interest

Riverside

bonds.

1989

Election

three

Co., Stifel, Nicolaus &
Co., Wallace, Geruldsen & Co.,
George K. Baum & Co., Arthur
Co.

in

(Calif. DST) on July
purchase of $650,000
1956, Series
C
bonds.
Dated Aug. 1, 1959. Due on
Aug. 1
for

schools

CALIFORNIA
California

office

Bond Sale—A Bank of America

Rhea Averill,
Clerk
of Board
of
Supervisors,
will
receive
sealed
bids" until
—

Maricopa County, Nadaburg School
District No. 8 (P. O.
Phoenix),

Herman

a.m.

6

(P. O. Phoenix), Ariz.

J Bond

Mac Arthur & Co., Herbert J. Sims
& Co., Granbery, Marache &

Co.;

until 11

205

(MST) 011 July 20 for the
purchase
of
$1,686,000
general
Courts &. Co., Fahnestock &
Co., obligation bonds. Dated June
1,
R. S. Dickson & Co., F. S.
Mhseley "1959,
Due
semi-annually
from
& Co., Paine,
Webber, Jackson & Dec.
1, 1959 "to*-June 1, 1976 in¬
CUrtis, Hemphill, Noyes & Co.,
clusive.
Principal
and
interest
Kean, Taylor & Co., Stubbs, Smith
payable at the County Treasurer's
& Lombardo,
Watkins, Morrow & office.
Co.,

his

oh

Fairbanks, Alaska

.

at

$1,250,000 general obligation 1959
sewer

from 1960 to 1984 inclusive. Prin¬

4.20833%.

syndicate '4.70%, according to
maturity.
[Co.,
Inc., '' Associates in the offering .are:
Halsey, "Stuart & Co., Inc., and Allen &
Co.; Grande & Co., Inc.;
Lehman Brothers, at a price of
Cruttenden; Podesta & Co.; Good100.01, a net interest cost of about body &
Co.; Herbert J. Sims &
4.87%, as follows:
Co., Inc.; and Andrews & Wells,
Inc.
$4,850,000 os. Due on July 1 from
1960 to 1973 inclusive.
Barret, Fitch, North. &
Co.;
8,700,000 4.08s: Due on July 1 Rowles, Winston & Co.; J. M. Dain
from 1974 to 1988 inclusive.
& Co., Inc.;
Kenower, Mac-Arthur
9,200,000 4.90s. Due .on July 1 & Co.; H. V. Sattley & Co., Inc.;
from 1989 to 1999 inclusive.
Taylor and Co.; and M. B. Vick
headed

Valley Joint Union High
School District, Riverside and
Imperial Counties, Calif.

,

a

water system improvement
bonds,
due July 1,
1960

water
supply
revenue
bonds
offered June 25—-v. 189, p. 2727—
were

Coachella

bids

Mayes,

with

The

—

of

Bond Offering—G. A.
Pcquegnat,
County Clerk, will receive sealed

Board, Ala.
Bond

cost

city;

$785,000 of
sewer
improvement bonds, due
July 1, 1960 through 1974, carry¬
ing6%, 4V2%, 4%, 414% and

314s.

Birmingham Industrial

interest

the

to

4.70%

:

.

net

a

4.4532%

Autauga County (P. O. Prattville),

Savannah), Ga.

&

Co.

KENTUCKY

Bond

Offering^—Lillian E. Grotheer, Clerk of Board of Commis¬
sioners, will receive sealed bids
until 11 a.m. (EST) on July 30
for
the
purchase
of
$2,500,000
bonds, as follows:

Livingston County (P. O. Salem),
Kentucky
Bond Offering—Gabe McCank-

less, County Court Clerk, will re¬
ceive

sealed bids until

10:30 a.m.

54

The Commercial and Financial Chronicle

(98)

(CST)

July 7 for the pur$70,000 school building
Ixmds, Dated July 15, 1959. Due
On
July 15 from 1960 to 1979.
Principal and interest (J-J) pay¬
able at the Salem Bank, Salem.
Penality a p p r o v e d by Skaggs,
Hays & Fahey, of Louisville.

Bond

Offering

John

—

from

1960

Webb.

Principal and interest (J-J)
able

the

at

First

pay¬

State

Bank,
Greenville. Legality approved by
Joseph It. Rubin, of Louisville.

Bond

Offering

bonds.

modeling

Mayor,
until
7

Glass,
sealed bids

will receive

7:30

W.

(CDST)
purchase of

p.m.

for

the

Water

and

sewer

44

(J-J) payable
Agricultural Bank
and Trust Company, Paris. Le¬
gality approved by Wyatt, Grafion & Grafton, of Louisville.

Osolo

Sioux City,

City Clerk, will receive sealed and
(CST) on July
the

lor

6

Bond

Offering

—

purchase

$500,000

of

&

at the ..City
office. Legality ap¬

$25,000,000

proved by Chapman & Cutler, of
Chicago.

The

bonds

June

offered

Covington,

3'ijS,

as

at

of

A.

Love, Township Trustee, will re¬
ceive sealed bids until 4:30 p.m.

of

$135,-

building revenue bonds

bonds

The

underwriting

Western

(P.

a

MASSACHUSETTS

of

Regents will receive
sealed bids at the Kentucky Ho¬
Board

$300,000
temporary loan notes was sold to

on

100.0007, a net interest
about 4.10%, as follows:

*$350,000 41-jS. Due
1962 to

Due

to

1971

I960

390.000 4%s.
1972

to

1961

July 1 from

Due

on

July 1 from

inclusive.

Bond Sale—An issue of

waterworks
to

a

revenue

Feb.

1

District

Due

to

Dated

on

from

1

from

inclusive.

1979

Aug.

Orleans.

New

No.

$300,000

bonds

6

(P. O. Minden), La.

&ale—An

Bond

was

of the

school

bonds

issue of

offered

as

(P.

5s.
O.

a

7:30 p.m.

(CST)
July 15 for the purchase of
•$32,000 general obligation bonds,

189,

follows:

School

Township

bonds.

Due from 1960 to 1973 incl.

19,000

Civil

Township

bonds.
Due from 1960 to 1972 incl.

Dated

July

1,

1959.

Principal
payable at The
National Bank, Bed¬

and interest (J-J)

.Stone

26

awarded

Scfiarff &
La-

and

& Kees.

Ducournau

MARYLAND
Howard

County

(P.

O.

Charles

O f f
M.

County

receive

Dated

i

n

g—President

announces

Commissioners
bids until

11

that

will
a.m.

July

14 for the pur¬
$500,000 school bonds.

on

of

e r

Scott

sealed

(EDST)
chase

July 1, 1959. Due

on July 1
from 1960 to 1979 inclusive. Prin-,

cipal

and

interest

(J-J)

payable

City
at the Patapsco National Bank, in
Legality approved by Ross, Ellicott City. Legality approved
McCord, Ice & Miller, of Indian¬ by Niles, Barton, Yost & Dankapolis.
meyer, of Baltimore.
ford.




from

1960

to

Due

improvement
Feb.

on

from

1

1960 to 1964 inclusive.

Dated

Feb.

1, 1959. Principal
(F-A) payable at the
City Treasurer's office, or at the

office of such fiscal agent as des¬

Offering

(EST)

July 13 for the purchase
bonds, as follows:

on

of $600,000

police

station

April 1, 1959.

bonds.
Due on

Aug. 1 from 1960 to 1979 in¬
clusive.

public

110,000

Dated

library

bonds.

June

1, 1959. Due on
Aug. 1 from 1960" to 1971 in1

%

De-

Planche, Village Clerk, will re¬
ceive, sealed bids until 8:30 p.m.

Dated

George

—

Inhster, Mich.
Offering — Freda K.

'Bond

elusive.

H.

.

teive

bids

sealed

until

11

a.m.

pany designated by the sucessful
July 7 for the pur¬ bidder.
Legality
approved
by
chase of $68,000 sewer mains loan
Dickinson, Wright, Davis, McKean
notes. Dated. July 1, 1959.
Due &
Cudlip, of Detroit.
July 1 from 1960 to 1969 inclu¬
Iron River, Mich.
sive. Principal and interest pay¬
Bond Sale—The $30,000 special
able at the Merchants National
assessment sanitary sewer bonds
Bank of Boston.
offered June 25—v. 189, p. 2837—
MICHIGAN
were awarded to
Kenower, MacArthur & Company.
Athens Agricultural Sch. District,

(EDST)

on

Michigan
Note

Lennon

Schools

Public

District,

Sale—The $24,900 tax an¬

Michigan
Bond Sale—The $140,000 school
ticipation notes offered June 17
—v.
.189, p. 2729—were awarded building bonds offered June 16—
to the Michigan National
Bank, v. 189, p. 2508—were awarded to
of Battle Creek, at 3.94 interest. McDonald-Moore &
Co., and Ken¬

(P.

MacArthur & Co., jointly.

ower,

10

O.

Auburn Heights), Mich.
Note Offering—John W. Buday,

Les

Cheneaux

District

No.

will

receive

bids

sealed

School

Community

(P. O. Cedarville),

3

Secretary of Board of Education,

Michigan

until

Sale

Note

The $19,000 tax
anticipation notes offered June 24
189, p. 2837—were awarded
tion notes.
Dated June 15, 1959. to
the
First
National Bank, of
Due on March 1, 1960.
Principal St. Ignace, at 3.90%;.
and interest payable at a place
Manistee Public School District,
agreed upon with the purchaser.
—

8

p.m.
(EST) on July 6 for the
purchase of $76,600 tax anticipa¬

—v.

Battle Creek School District, Mich.

Michigan
Offering —- Robert Fred-

Note

Note

Offering — Lloyd Hum- rickson,
Secretary of Board of
barger,
Secretary of Board
of Education, will receive sealed bids
until 7:30 p.m. (EST) on July 6
Education,
will
receive
sealed
bids until 5 p.m. (EST) on July for the purchase of $100,000 tax
6 for the purchase of $500,000 tax
anticipation notes. Dated June 30,
anticipation notes. Dated July 10, 1959. Due on March 1, 1960. Prin¬
1959. Due on Jan. 20, 1960. Princi¬ cipal and interest payable at the
pal and interest payable at a place Manistee County Savings Bank,
in Manistee.
agreed upon with the purchaser.
Bloomfield

Hills

School District

Plainwell Community

No. 2, Mich.
Note

Sale

bonds

was

sold

to

Hark-

of

—

Note

$75,000 tax an¬
notes offered June 16
2729—were awarded
the Plainwell Bank, at 3.25%.

ticipation
189,

—v.

to

p.

Pcrtage Twp. Sch. District

Secretary of Board of Education,

8111

Michigan
Bond Offering—Carol L. Labar,
will

receive

sealed

bids

until

8

notes

totaling $174,000 offered on p.m. (EST) on July 9 for the pur¬
24—v.
189, p. 2837—were chase of $1,490,000 school site and
awarded
to
Loker, Sparrow & building bonds. Dated July 1, 1959.
Company, as 3%s, at a price of Due on July 1 from 1962 to 1988
inclusive. Principal and interest
100.12, a basis of about 3.73%.
June

was

Sale—The

Pontiac, at 2.25%;.

Canton, Mass.

Massachusetts (Commonwealth of)

Sch. District$

Michigan

The

Cassopolis Public Schools District,

notes

Ellicott

City), Md.
Bond
the

$13,000

2617—were

p.

group composed of

•<)n

.as

1

street

bonds.

$490,000

&

Note Sale—An issue of

Bond Offering—Hugh Mefford,
Township Trustee, will receive

435,000

of

Hill, Inc., as 3.70s, at a
price of 100.41, a basis of about
3.64%.

ness

Note Sale—The various purpose

$625,000

June

Jones, Inc.; Howard, Weil,
bouisse, Friedrichs & Co.,

Valley Townships
Huron), Ind.

to

dis¬

$300,000 tax
count.
anticipation notes offered June 15
Braintree, Mass.
—v.
189, p. 2720—were awarded
Bond Sale—An issue of $225,000 to the
Community National Bank

\tycbster Parish, Minden Sch. Dist.

dfensperger, Hughes & Co.,

bids until

anticipation notes was sold
County Trust Com¬
pany, of Brookline, at 2.04% dis¬
to the Norfolk

sewer

Legality

1959.

1,

—v.

sealed

14

No.

Feb.

Indianapolis Bond & Share Corp.;
City Securities Corp., and Raf-

Spice

9

approved by Foley, Cox & Judell,
of

composed

group

School

1962

July 1 from
inclusive.

on

No.

1989 inclusive.

to

100,000

on

1974

Due

bonds.

Schererville, Ind.

cold

bonds.

of

improvement bonds.

Feb.

on

tax

District

School

$400,000

1965 inclusive.

760,000 4s.
>.

on

cost

follows:

sewer

Due

Principal
and
interest
(F-A)
Holden, Town Treasurer, will re- payable at any bank or trust com¬

issue of

of

perger, Hughes & Co., Inc., arid
Collet! & Co., Inc., at a price of

issue

Avondale School District No.
Note Sale—An

July 10 for the pur¬ tel, Louisville, until 11 a.m. (CST) the National Shawmut Bank of.
$88,000 school building on July 15 for the purchase of Boston, at 2.22% discount.
bonds.
Dated July 1, 1959.
Due $693,000 dormitory revenue bonds.
Boston, Mass.
from 1960 to 1970 inclusive. Prin¬ Dated April 1, 1958. Due on April
Note Sale—An issue of $5,000,cipal and interett (J-J) payable 1 from 1961 to 1998 inclusive. In¬ 000
temporary loan notes was
at The First National Bank, Elk- terest A-O. Legality approved by
sold to a group composed of the
tiart.- Legality approved by Ross,
Skaggs, Hays & Fahey, of Louis¬ First Boston Corporation, Chemi¬
McCord, Ice & Miller, of Indian¬ ville.
cal Corn Exchange Bank, of New
apolis.
York
City,
Merchants
National
LOUISIANA
Bank,
Rockland-Atlas
National
Purdue University (P. O. West
Natchitoches Parish Sch. Districts,
Bank, Second Bank-State Street
Lafayette), Ind.
Louisiana
Trust Company, and the Boston
Bond Sale—An issue of $1,500,Bond Offering—C. C. Graham, Safe Deposit & Trust Company,
000
student health
center
first
all of "Boston, at 2.33%, plus a
mortgage- revenue bonds was sold Secretary of Parish School Board,
receive
sealed
bids
until premium of $17.00.
to a group composed of the City will
1:30 p.m. (CST) on July 7 for the
•Securities
Corp.;
Indianapolis
Braintree, Mass.
Bond
&
Share
Note Sale—An issue of $400,000
Corp.; Raffens- purchase of $500,000 bonds, as

(CDST)

chase

$750,000

Stoneham, Mass.

Beverly, Mass.

the

that

announces

Sale—An

Note

Etta

Offering—Secretary

Runner "

J.

Green), Ky.

Bowling

1,

$45,000
drainage notes was sold to the
Rockland
Trust
Company,
of
Rockland, as 3%s, at a price of
100.03, a basis of about 3.74%.

group

Trask & Co.

Kentucky State College

O.

Aug.

Rockland, Mass.
Note

4%'.

composed of Pierce,

group

follows:

$55,000

and interest

of Brookline, at 2.12%

pany,

to

in¬
cludes: The First Boston Corp.;
Blyth
&
Co.,
Inc.;
Lehman
Brothers; Phelps, Fenn
& Co.;
Kidder, Pcabody & Co.; Goldman,
Sachs
&
Co.;
Merrill -Lynch*

from

count.

are

to

1

temporary loan notes was sold to
the Norfolk County Trust Com¬

5%,

Fenner
&
Smith Inc.;
Charles A. Hinsch &
Co., Inc.; .Equitable Securities Corporation;
Stone & Webster Securities Cqrp.;
Hill & Co., and Weil, Roth & Irv¬
ing Co., at a price of 100.008, a It. W. Pressprich & Co.
Shields & Co.; B. J. Van Ingen
net interest cost of about 4.66%f,
& Co. Inc.; Blair & Co. Incorpo¬
as follows:
rated; Paine, Webber, Jackcon &
$72,000 4%s. Due on Nov. 1 from
Curtis; F. S. Moseley & Co.; Esta1960 to 1974 inclusive.
brook & Co.: First of Michigan
63,000 4*"4s. Due on Nov. 1 from
Corporation; L. F. Rothschild cSc
1975 to 1982 inclusive.
Co.; Baker, Watts & Co.; John C.
Dated
May 1, 1959.
Interest Legg & Co.; Stein Bros. &
Boyce;
M-N. Legality approved by Chap¬
W. H. Morton & Co., Incorporated;
man &
Cutler, of Chicago.
Wood, Struthers & Co.; Spencer
-sold to

was

Bond

Raymond

issue

The

Aug.

on

1969 inclusive.

Quincy, Mass.

100.-

of

cost of 4.0202%.

prices to yield 2.50%
'

of par.

Sale—An

issuer.

Due

Note Sale—An issue of

con¬

carrying

Kil-

Clerk, will receive
(EST) on
July 21 for the purchase of $490,000 special assessment bonds, as

City

bids until 3 p.m.

ignated by the City Commission.
approved by Ropes, Gray, Best, Legality approved by Miller, Canfield, Paddock & Stone, of Detroit.
Coolidge & Rugg, of Boston.

being
reoffered by the underwriters at

price

a

interest

net

the

24

Bank,

National

First

the

to

a

judg¬

2837—-were awarded

p.

bonds

for

price

patrick,

fol¬

as

1959. Principal
at the First
Nattional Bank, Boston. Legality

1960-1974.

due
a

bonds,

interest payable

4%; 3%%, 3.90% and 4%; coupons,

Covington, Ky.
Sale—The $105,000

189,

—v.

bid

group

<1043%

'

ment

Dated

and

Sons and

highway

State
bonds'

struction

KENTUCKY

Bond

bonds.

Harriman Ripley & Co., Incorpo¬
rated was awarded June 30 the

payable

a.m.

pur¬

$4,250,000 school bonds. Due on
Aug. 1 from 1960 to 1979 incl.
500,000
street
improvement

Smith, Barney

Co., Alex. Brown &

11

the

for

Rapids, Mich.

1964 inclusive.

I960* to

group managed by

1, 1959. Due on July 1 from 1960
1964 inclusive. Principal and

until

8

Monday, July 6, 1959

.

Grand

lows:

—

to

bids

July

on

R.

will

Treasurer,

chase of $4,750,000

Maryland State Roads Commission,
Maryland
Bond Sale
An underwriting

bonds. Dated July

revenue

sewer

Indiana

./

bonds.
Dated ,July 1,
on
July 1 from 1961
inclusive. Principal and
(J-J)
payable
at
the

of Baltimore.

oral bids at 4 p.m.

703 Lakewood
•

Iowa

Offering—C. A. Norrbom,

Bond

sealed

(EDST)

Patapsco National Bank, in Elli¬
cott City. Legality approved by
Niles, Barton, Yost & Dankmeyer,

Bond

Twp. School Twp. (P. O.
Drive, Elkhart),

receive

City

.

Bond Offering—R. Stanton

sealed

Neubton, Mass.
Offering — Archie

Whitman,

Due

1989

to

improvement bonds was
Peoples Trust & Sav¬

000 school

fediv"Secretary of Board of Trus¬
tees, will receive scaled bids until
^:30 p.m. (CDST) on July 9 for
the
purchase of $67,000 school
building bonds.
Dated July 1,
1959.
Due
semi-annually from
July 1, 1960 to July 1, 1970, in¬
clusive.
Principal
and
interest
payable at the National Bank of
Greenwood. Legality approved by
Boss, McCord, Ice & Miller, of
Indianapolis.

•

1959.

Silver Grove, Ky.

Offering—John H. Mach-

Bond

Legality
ap¬
Storey,
Thorridike,
Dodge, ol Boston.

&

Bond

(EDST) on July
purchase ol' $800,000

interest

INDIANA
Greenwood School Town, Ind.

Boston,
by

Palmer

a.m.

ings Bank, of Indianola.

bonds.

cipal and interest

proved

sold to the

Dated July 1, 1959. Due on July 1
from 1960 to 1989 inclusive. Prin¬
at The Bourbon

the

for

sanitary

Marion, Iowa
Sale-trAn issue of $25,000

$600,000

revenue

bids until 11

July

on

of

Bank

Metropolitan
O. Ellicott

announces
that the
will receive sealed

Meyer

Commission

1959.

Treasurer's

E.

—

W.

Hall re¬
Dated July 1,

for $24,000 City

interest

Paris, Ky.

(P.

City), Md.
•
Bond Offering—Chairman Carl

until

bids

sealed

receive

will

July 6

street

inclusive.

1979

to

Graettinger, Iowa
Bond Offering—The City Clerk
-

Bond

County Clerk, will receive sealed
bids until 10 a.m. (CST) on July
II
for the purchase of $100,000
echool
building revenue bonds.
Dated July 15, 1959. Due on July

County

Commission

of

Muhlenberg County (P. O.
Greenville), Ky.

15

Howard

IOWA

on

chose

.

(J-J) payable at a bank or trust
to be designated by the
bidder.
Legality ap¬

company

$225,000 successful

sold to the Boston Safe

proved by Miller, Canfield, Pad¬
De-posit &
Trust Company,
of dock & Stone, of Detroit.
Boston,
at
2.18%
interest
at
maturity. Due on Nov. 11, 1959. Georgetown Township Consol. Sch.
District No. 30 (P. O. Jenison),
Med way, Mass.
Michigan
Bond Offering—B. Isabelle McBond Offering — Warren BosGourty, Town Treasurer, will re¬ worth, Secretary of Board of Edu¬

South

(P. O.

Westnedge Ave.,

Portage), Mich.
Bond

Offering—E.

C.

Saudek,

Secretary of Board of Education,
receive

will

bids

sealed

until

8

(EST) on July 22 for the
purchase of $950,000 school site
and building bonds. Dated June 1,
1959. Due on April 1 from 1961
to
1977 inclusive. Principal and
p.m.

interest

(A-O) payable at a bank
company designated by
purchaser. Legality approved
by Miller, Canfield, Paddock &
Stone, of Detroit.
trust

or

the

Rochester, Mich.
Bond

and

Sale—The

sewer

June

revenue

22—v.

$280,000 water
bonds offered

2729—were
awarded to Kenower, MacArthur
receive sealed bids
National Bank of Boston, 45 Milk until 7:30 p.m. (EST) on July 7 & Co., and Watling, Lerchen &
Street,
Boston,
until
11
a.m. for the purchase of $220,000 build¬ Co., jointly, at a price of 100.0005*
a net interest cost of about 4.45%,
(EDST) on July 7 for the pur¬ ing and site bonds. Dated June 1,
chase of $190,000 school project 1959. Due on June 1 from 1962 to as follows:
bonds. Dated Aug. 1, 1959. Due 1985 inclusive. Principal and in¬ $75,000 4<2s. Due on July 1 from
on Aug.
1961 to 1969 inclusive.
1 from 1960 to 1964 in¬ terest (J-D) payable at a bank or
clusive.
Principal
and
interest trust company designated by the
20,000 414 s. Due on July 1, 1970
and 1971.
payable
at
the First
National purchaser. :
ceive

sealed

bids

c/o

The

First

cation,

will

189,

p.

Volume 190

Number 5861

,

.

The Commercial and Financial Chronicle

.

(99)
140,000 4i/2s. Due
1972

to

1982

Tall mad ge

District

1 from 1965 to 1971

July 1 from

oil

inclusive.

No.

10

Fractional

(P.

1

Bond Offering—Lynn M.
Wells,
Secretary of Board of Education,
will receive sealed bids at the of¬

Attorneys for

Other

Rapids, until
July 8 for the purchase of $80,000
general obligation building bonds.
Dated May 1. 1959. ; Due on May 1

Pine Bend-lnver Grove

Dist.

-

Traverse City School District, •/
"■
"
Michigan/.
§a le—The" '$150,000 i tax
awarded

Township
sealed

-7

000

Leonard-Fairfield Water Main

Extension

Special

Assessment

District bonds.

Dated May

Due

from

Feb.

on

1

$65,000

f

-

"

"

/

District,
.

2.50%:

at

West

&

-'

*

No.

Bond

Offering:—Kern

receive

p.m,.

(EST)

sealed

A,fg

,

Feb

on

1959. Due

cipal,

notes.

on

tT

,

&

„

+

Haertzen,

place agreed

1,

V
.•.

.j

•>

*.

>

*.y\* Vt. ir+f ?*>l

Bond

r

,

$aie—An issue of

industrial bonc&

'

Cambridge, Minn.
Certificate
O f f e r i n g- -S.r R.
ceive

sealed

.(CDST)

bids

until

8

July 13 for the

on

19

debtedness.

t

.
.

Bond

Due

July

on

cate:

Mankato,
Sab»—The

■

$87^9^0-1 gen¬

eral

obligation " bonds

June

25—v.

189,

offered

was

syndicate

headed

Bank.

members

Fi^st

sold

.J

$800,000
on

June

by

interest

of

National

cost

of

for

aboutL^rM^'eiBoud.'Si^f-An''issue
!

$80,000

and

4s.

sewer

due

on

AT

Bond

Offering

4

AT

V

City), N. Y.
R.

Norman

—

Baker, District Clerk, will receive
sealed bids until 1 p.m. (EDST) on

July 8 for the purchase of $1,875,000 school building bonds. Dated
June 1; 1959. Due on Dec. 1, from
1959

inclusive. Principal
(J-3D) payable at the
Nanuet, or
at the Irving Trust Company, in
New
York
City.
Legality
ap¬
proved by Hawkins, Delafield 3c
Wood, of New York City.
to

1988

and interest

Nanuet National Bank,




1

2

Offering—George F.

(EDST) on July 13
for the purchase of
$840,000 dor¬
mitory and service facilities bonds.
Dated

p.m.

Oct. 1, 1957.

from

1960

to

Due

1997

on

Dayton, Perrysburg, Otto,
Collins, North Collins, Concord and
Hanover Central School District
No. 1 (P. O.

Gowanda), N. Y.

Bond Offering—Frank R.
Eaton,

District Clerk, will receive sealed
bids until 2 p.m. (EDST) on

July
$155,000
bonds. Dated July
1, 1959.

for

the

Due

purchase

Jan.

on

1

from

of

1960

to

and

the

syndi¬

Bank

Gr6enwald,
receive

(EDST)
chase

of

&

sealed

Clerk,

bids

until

will

2

p.m.

July 7 for the pur¬
$950,000 school building
Dated June
1, 1959. Due
on

of

bonds.

March

clusive.

(M-S)
Bank

1

from

1960 to

Principal

and

1979 in¬

interest

payable

at the People's
Hamburg, in Hamburg
the Marine Midland Trust
of

at

or

District

Company, New York City. Legal¬
ity approved by Hawkins, Dela¬
field

&

Memphis.

New
Bond

York

interest

1969

Offering

receive

sealed

(EDST)
of

—

Harriet

Treasurer,
bids

until

3

(State
A

A.

will

gen¬

eral

obligation 3.40% and 314%
bonds, maturing from 1960 to 1979.
The bonds are priced to
yield from
2.30%
to
3.45%,
according
to
maturity. The group won award
of

the

June

bonds

30

net

a

at

its

on

competitive

CAROLINA

Offering—W.

Commission,

sealed

bids

E.

Easter-

at

will

his"

receive

office

in

Raleigh until 11 a.m. (EST) oi),
July 7 for the purchase of $36,000
school bonds. Dated April
1, 1959;
Due on April 1 from 1960 to 1977
inclusive. Principal and interest
(A-O) payable at The Hanover
Bank, of New York City. Legality approved by Wood, King
Dawson, of New York City.
NORTH

DAKOTA

Sheldon Special School District,
'"■TVNorth Dakota

bid

of

County, South Heart Com*
School District No. 9 (P. G.

Dickinson), N. Dak.
Bond Offering—Francis L. Per-

daems, District Clerk, will receive
sealed bids until 2 p.m. (CST) oil
July 21 for the purchase of $75,4
000 building bonds. Due serially
from

1960

1979.

to

OHIO
Canal Fulton, Ohio
Bond Sale—The

189, p.

2731

Fahey,

due

awarded

were

—

Clark

4.18%.

1960-1979.

members

the

of

offering
group include: Kuhn, Loeb & Co.;
Chemical Corn Exchange Bank;
Blyth & Co., Inc.; C. J. Devine
& Co.; Manufacturers Trust
Co.;
The Marine Trust Co. of Western
New
York;
Harris
Trust
and

Savings
Trust

Bank;

The

&

to

Company, as 414s, at a
100.53, a basis of about

price of

..

Clarksville-Vernon Local Sch. Dist•

.(P. O. Clarksville), Ohio
Bond Sale—The $115,000 build¬

ing bonds offered June 23—v. 189,
2731—were awarded to, J. A.
Co., as 414s, at a price of
101.27, a basis of about' 4.10%.

p.

White &

Northern

Co.;

Hallgarten
&
Peabody & Co.;

Kidder,

$100,000 sewago

bonds offered June 26—v.

both due 1960-1974 and
$8,000,000
grade grossing elimination bonds,
Other

|

100.1509%,

interest cost of 3.352%.

offering includes $24,000,higher education bonds and
$18,000,000 mental health bonds,

Kettering, Ohio

Co.;
Bond

Offering

— Paul
Sutton,
Director,
will
receive
Ladenburg, Thaimann & Co.; Finance
R. W. Pressprich & Co.; Salomon sealed bids until noon (EST) on
Bros.
& Hutzler;
Barr Brothers July 20 for the purchase of $49,364 Indianola sewer improvement
& Co.; White, Weld &
Co.; The

Fhiladelphia"National Bank; Bear, bonds. Dated June 1, 1959. Due on
Stearns & Co.; Equitable Securi¬ Dec. 1 from 1960 to 1979 inclusive.
ties Corp.; Hornblower &
Weeks; Principal and interest (J-D) pay¬
Mercantile

Trust

Co.;

able at the Winters National Bank

•

and Trust Company, Dayton. Le^
Co., Inc.; F. S.
gality approved by Peck, Shaffer
Moseley & Co.; Shields & Co.;
& Williams, of Cincinnati.
Stone & Webster Securities
Corp.;
Wertheim & Co.; Estabrook & Co.;
Mahoning County (P. O.
Hemphill, Noyes & Co.; Kean,
Youngstown), Ohio
Taylor & Co.; Manufacturers and
Bond Sale—The $30,500 special
W.

H. Morton &

Traders
nolds

Trust

&

Co.;

Co.

L.

Buffalo;

F.

Rey¬

Rothschild

&

Co.;
Van

A.

G.

Becker
Bank

&

of

Trust

Co.

of

Albany; State Bank

Albany;
Spencer

Falmestock

&

Ballin

&

&

Co.;

Bank

&

and

*01

dormitory

—

All

bids

re¬

ing
v.

$108,961
189,

Bonds
above

offered

June

26—

p." 2839—were rejected.
Reoffered—Bids will
until

July

23

for

bonds.

Lee.
of

Technology

Offering—Mark Ellington,

f' p

Sold

ceived for the street bonds total¬

Island;
Green,
Hannahs,

(P. O. Rochester), N. Y.

^

Not

Long
Lembo;

Rochester Institute

Bond

Medina, Ohio

t

Bonds

The Franklin

of

Anderson,

&

3.68%.

received

Trask

Co.; Weedon
& Co., Inc.; Baxter & Co.; Ernst
& Co.; King, Quirk & Co., Inc.;
Schoellkopf, Hutton & Pomeroy,
Inc.; Chas. E. Weigold & Co., Inc.;
National

were

—

improvement

June 25—v. 189, p.
awarded to Sweney

Cartwright & Co., as 3%s, at a
price of 100.33, a basis of about

Co.,

Inc.;
Co.;
Geo. B.

sewer

bonds offered

Trust

and

Michigan Corp.;
Gibbons & Co., Inc.; Gregory &
Sons; W. E. Hutton & Co.; The
National Commercial Bank and
of

assesment

273.1
J.

First

p.m.

payable at the

ment

The

July 8 for the pur¬
$37,000 street improve-

(J-J)

Bond

sale

000

on

interest

the

ling, Secretary of Local Govern¬

group

of S25.000J rr.ent and equipment bonds.

and

to

Springs School District, N. C.

Stark

of)

banking

headed by The Chase Manhattan
is offering $50,000,000

Ellis

Village

chase

—

Bank

Haverstraw, N.
Bond

$45,000

sold

was

NORTH
Hot

mon

Sale

Glickenhaus

Getty,

bonds

Niagara
Permanent
Savings
&
Loan
Association,
of
Niagara
Falls, as 3.70s, at a price of par.

Bond Sale—The $80,000 school
Company, of New York
Legality approved by building bonds offered June 22—•
Hawkins, Delafield & Wood, of v. 189, p. 2731—were awarded to
New York City.
Allison-Williams Company. *r

Wood, of New York City.
Y.

(P. O. Lyndonville), N. Y.

City.

Federation

Theodora

—

1

Bond Sale—An issue of

land Trust

Co.;

York

Offering

principal

No.

school

Le¬

Persia,

school

by Hawkins, Delafield,
Wood, of New York City.

Oct. 1

inclusive.

gality approved by Gerdes, Mont¬
gomery & Miller, of New York
City. '

8

(JbDaT) on July 10
purchase
revenue

of

$l,0o0,000

bonds.

-

Yates, Ridge way, Carlton and '
Gaines Central School District

Ingen & Co., Inc.;
Adams, McEntee & Co., Inc.; A.
C. Allyn and Co.,
Inc.; Bache &

bonds, I to
Feb.

until

1, 1957. Due on Oct. 1 from
to 1982 inclusive,
Legality

1958

approved

O.

Baughman, Vice-President and
Treasurer, will receive sealed bids

B.

jVater "aild^sevver bonds was' sold! July 1. 1959. Due on July 1 from
the First National
Bank, of 1860 to 1964 inclusive. Principal

•

water

r\

No. 1 (P.O. New

on

Lewis
&
Company,
Scharff
&
Jones, Inc., Alvis &
Co., M.-A: Saunders & Co.. Cady
& Co., T. W. Woodward Co., John
R.-Nunnery & Co., Phillips-Galtney
Co.;' Allen, and Company,
Hamp Jones Co., Union Planters
National Bank, of Memphis, Har-'

a

•follows:

$220,900

p.

the

'

2$39—\yere,
idngton
&
Co.,. and Arnold
syndicate/headed by
the First National Bank,rrbf Ghi-? (Cjtfme.'
cago, at a price of 100.03, a net j
Olive Branch, Miss.
awarded to

/n

*

Bond

Memphis,

1964: inclusive.

V
Minn.

a

Gibson

Other

p.m.

pur¬

from

1

to

Port

re¬

chase of $15,000 certificates of in¬

1960 to

•

Clarkstown Central School District

\

•

Gibson),' Miss.

.

.?

Bronniche, Village Clerk. will

-

1

New

Claibprfie .Cd'unty (P.. O. Port

MINNESOTA
.♦..

1,006,009.

NEW YORK

,

MISSISSIPPI

.

•

-

about

21,

week

1 i t y approved by
/..Hamburg, Boston, Eden and
Oweny Scott, Barber &
Orchard Park Central School
Marquart, of Minneapolis.
Dist. No. 1 (P. O. Hamburg),

■*

,

the

for

L p g a

;
•

28,
vehicles

Dorsey,

payable at" a'
with'the pur¬

upon

on

pany designated by the successful

tax

July

June

ended

1,025,000
and

June

*/_

Jtuly X from 1961 to 1988
,Principal and interest
payable at any-bank or trust com¬

June 30, 1960. Prin¬

interest

and

chaser.

Dated

week

1959.

28,

1070

..

inclusive.

bidder.

the

record of

a

1959, to June 23, the Turn¬
pike carried 20,646,600 vehicles,
producing' toll revenues of $14,523,000, increases of 14.1% and
over
the
13.4%
corresponding
period in 1958, when 18,098,200
vehicles were carried, producing
toll revenues of $1^,803,000.

(CDST)

dUc

Aug.

on

at

were

165,985
carried..

were

In

^25^^

jC

July 3, when

carried

was

Minn.

Lefevei'eV-Lefler

Due

(P. O. Orchard Lake), Mich.L
Offering—John", C.
Hall,
Treasurer, will receive sealed, bids
until 8:15. p.m. (EST).- on/July ,6

anticipation

basis of about

a

vehicles

estimated

ended

„

$120,000

& Co.,
4%s, at

as

figure has been
seven-clay period,

a

revenues

For
an

School District

1345,

that

on

$130,977

price

a

1.

Note"

of

Co.,

estimated at $123,584.
1958, the record for vehicles

hit

Toll

*■

™

son,

School District No. 5, Fractional

purchase

&

100.07,

for

revenue

.

the

Van

revenues

was

•»

of

for

Ross

time

For

-

■

toll

Jan. 1 from

on

inclusive.

Minneapolis.
July 1 from 1960 to 1985. Prin¬
cipal and interest- (J-J) payable at- Roseville
IndeW:. Sch. Dist. No. 623,
a
bank, or
trust ' company, des¬
V
Minnesota
.
,
ignated by the successful' bidder.
Bond Offeririg—Theo. C. Sch ultz.
Legality approved by Miller, CanDistrict" Cler^Jvill receive sealed
field,. Paddock & Stone, ofrDe-;.
bids until 8 p.m. (CDST) on July
troit.
..''V-.Iv •••
13
for the purchase of $850,000
West' Bloomfield Twp. and
'Keego general-obligation school builcling
Harbor and Sylvan Lake
(Cities) Series^ bondsV'Datcd July 1, 1959.

'

J.

On Friday, June 26, the Turn¬
pike carried 171,724 vehicles, un¬
audited, of all kinds producing

District Clerk, will reeeive

.

on

-

B.

he, commented.

from

jS
T/~*
pur-11 fromapproved by Howard, Peter1962 to^1978 inclusive. Legality

July 6 for .the

op

1

sealed bids until 8:30 p.m.

chase of $400,000 building and- site
bonds.
Dated
Jan. 1v 1959. CDue

•

v

.

84iqIo

until-:

of

University (P.
York), N. Y.

New

Oct.

&

(J-J) payable at the Marine Trust
Company of Western New York,
in. Buffalo, or at the
option of
the holder, at the Marine Mid¬

R.

price of

first

as

Bond Offering—Thomas J. Cole¬

man,

Murphy,'

bids

Jan.

on

1989

*;

Secretary'of Board of Education; j
will

to

No.

(P. O. 3380 Orchard Lake Road,
Orchard Lake), Mich.
.

4.38%,

'Redwood Falls, Minn.

par.

Fractional

S

25—

City.

York

inclusive,

J.

reached

Rochester-'Common

'

District

about

Due

'

■„*

of

Twp. and Keego
Sylvan Lake (Cities)

and

School

York

4.49%.

Redwopd Falls, as 3V2S, at

Bloomfield

Harbor

composed

group

a

24—v. 189, p. 2838—were awarded
to
the
Citizens State Bank, of

Company,

-/ v ."

New

of

2730—were awarded to

p.

York

New

ingen & Co., J. B. Hanauer

Bond Sale—The $25,000 airport
improvement bonds offered June

Michigan
'
Note Sale—The $300,000 tax an¬
ticipation notes offered June 15
—v.
189, p. 2729—were awarded
McDonald-Moore

189,

a

:

4s.

1977
■

to

of

200,000 4.30s. Due
v

Consol. .Sch.

Wood,

building bonds offered June
v.

95,000 4.20s. Due on Jan. 1 from
1969 to 1976;inclusive.

Legality approved
Riddering, Wierengo

Walled Lake

&

Bond Sale—The $531,000 school

1963. to 1968 inclusive.

•

cessful bidder.

& Christenson.

on Jan. 1
inclusive. Le¬

1989

follows:"4

1969.

Principal and interest. (F-A) pay¬
able at the Township Treasurer's
office, or at any bank or trust
company designated by the suc¬
by Varnum,

cdsf

terest

1, 1959.

I960" to

Delafield

.

v e

7:30 p.m. .(EST)

July 7 for the purchase of $28,-

on

'

i

r e c e

Gabrielle

Bond Sale—The $360,000 school
New Jersey Turnpike
Authority
building bonds offered June 23—
(P. O. New Brunswick), N. J. '
v.
189-,. p. 2729—were awarded to
a
Traffic
on
the
jgroup composed of Piper, ""JaG
New
Jersey
fray
&
Hopwood,
Allison-Wi-K .Turnpike hit a new record on
liams Co., J. M. Dain & Co., Inc., June 26, it was announced June
Kalfnan & Co., Inc.,
Paine, Web¬ 29 by Joseph Morecraft, Jr.,
ber, Jackson & Curtis, E. J. Pres- Chairman. In:addition,;jthe traffic
cott' & Co., and Juran & Moody, in each of the past two weeks
Inc., at a price of par, a net in¬ exceeded 1,000,000 vehicles, the

Bronkema,

Clerk," will

bids until

B.

inclusive. Principal and in¬
(F-A) payable at the Sussex
County Trust Company, Franklin.
Legality approved by Hawkins,

No. 346, Minn.

».

-

;

Offering—Mrs.

-

Twp. (P. O. 1952 Leonard
Street N. WGrand Rapids), !

x—Michigan .'V

g—William

11

terest

Grove),

Raymond Indep. School District

/

Walker

Bond Offering—Jack

J.

N.

1979

Indep. Sell.

Inver

New

McCarthy, of

and

Peoples State Bank
City State Bank,
both of Traverse City, jointly, at

\

O.

gality approved by Dorsey. Owen,
Scott,
Barber. &
Marquart,
of
Minneapolis.
'

and the Traverse

,

P.

from" "19.62" to

First

the

to

2729—were

p.

199

D^ted^Jtily 1,* 1959. Due

.

antici pation notes'offered June 23
189.

District,

i

e r

Washburn &

Bond

School

O f f

Hoyt,

.

Cyr;' District Clerk, will receive
City. V
sealed'.*bids until 8 p.m. (CDST)
on^Julyr 20 for the purchase of Monroe Twp. Sch. District (P. O.
$350,000 'school building bonds.
V ,' Williamstown), N. J.

Note

—v.-

Bond

Minnesota
Bond

■

,

No.-

Prin¬

cipal and interest (M-N) payable
any
bank or trust company
designated by the successful bid¬
der.
*■>;
;
■
■
at

■

syndi¬
Weeks,
Bank, of

National

Franklin

*

the

&

National Bank, Haver¬
Legality approved by Reed,

basis of about

a

3.77%.

(EDST) on July 14
Jaffray & Hop wood, Woodard-El- for the purchase of
$480,000 school
wood & Co., and Caldwell, Phil¬
building bonds.
Dated
Aug.
1,
lips .Co.
1959. Due on Aug. 1 from 1960 to

District, 537
Building, Grand
7:30 p.m. (EST) on

Trust

1962 to 1975 inclusive.

of

price of 100.14,
;

a

Feb.

on

straw.

J.

N.

Palsulich, Secretary of Board of
Minneapolis,
Allison-Williams Education, will receive sealed bids
Co., J. M. Dain & Co., Inc., Piper, until 8 p.m.

School

from

members

Hornblower

Northwestern

the Board of Edu¬

cation of said

$365;000 3%s, due

Rockland

District,

Sale—An issue of $90,000
school building bonds was sold to
Boland, Saffin & .Co., as 3.80s, at

from 1965 to 1972 inclusive.

cate:

fice of Strahecker and McCargar,

Michigan

and

;

.

School

Bond

...

O.

Rapids),' Mich./

NEW JERSEY
Closter

inclusive.

"658,000 'improvement bonds, for
$293,000 4s, due on Feb. 1
from 1961 to 1964 inclusive;

and Walker Twps. Sell.

Grand

1961 to 1964
inclusive;
$140,000 334s, due on Feb.

and

.

1984

to

from

July 1 frbm
inclusive.

on

1981

45,000 43,4s. Due

.

53

Dated

CROSS—

.

mutt carry on I

be

the

.

The Commercial and Financial Chronicle

Newark, Ohio •
j
Tenney Rees,<

Note Offering—L.

receive sealed

City Auditor, will
'

bids until

:

purchase of $200,000 sewer
June 15, 1959. Due1 eral

for the

June

were

1904. Principal and
interest payable at the City Treastirers office. Legality approved by

awarded

to

Housing

Finance
price of par.

Home

and

Agency, as 3s, at a

TEXAS

Arlington Irrdep. School District,

offer-

(P.

O.

Pittsburgh), Pa.
issue of $40,0001

Shackel¬

Offering—O. D.

Bond

Sale—An

Bond

T exas

*r

ford, President of Board of Trus¬
tees, will receive sealed bids until

2942

Bled for July 21-v. 189, p.

7:30 p.m.

indefinitely postponed,.

—has been

New

(P. O. Harrison), Ohio
.

D

,

...

„

B

Boiul Offering—R. B. Hoffman,
will

Clerk of Board of Education,

<EsT)
chase

bids

sealed

receive

until

noon

16 foi the pgrot $980,000 school improveJuly

on

(CST)

July 7 for the

on

of $700,000 schoolhouse
bonds.
Dated Aug. 1, 1959,
Due
on March 1 from I960 to 1993 in¬
purchase

3 67%

District

Local School

Southwest

'about

Castle, Pa.

Sale—The $125,000 generaj improvement bonds offered
Bond

Bonds

clusive.

thereafter

callable

are

1980

in

due

and

of March

as

2510 —were 1, 1979.: Interest M-S. Legality
composed of approved by McCall, Parkhurst,
Leonard & Lynch, Cunningham, Crowe,
McCall
&
Horton,
of
schmertz
&
Co.,
andSteele, u.
Dallas.
Haines & Co
as.3%s, at a price
June

m

v

awarded to

p.

group

a

Duei

semiannually from April 15,

I960-.-to Oct. 15, 1982 inclusive.!
principal and interest payable at j
the First National Bank, of Harri¬
son.
Legality approved by Peck,
Shaffer & Williams, of Cincinnati,

f 100i21
*

-

'

-

largest financings of
place July .1 with the
public offering of $195,000,000
Wanapum Hydro-Electric Revenue
Bonds ol
Public
Utility District]
No. 2 of Grant County, Washing¬
ton, by a nationwide underwriting
group of 300 members headed by
Dillon, Read & Co., Inc.; Kuhn.
Loeb & Co.; John Nuveen & Co.
Incorporated; 33. J. Van Ingen &
Co. Inc.; and Foster & Marshall.
The
offering comprises $181,350,000 pi 4%%- term bonds due
July 1, 2009 and $13,650,000 of
4%, 4)4% and 4.40% serial bonds
maturing July 1, 1967-1979.
The term bonds are being of¬
fered
at
100%
and
the
serial
its kind took

Government Development Bank

$9,000,000 Credit

Arranges

The

-—

Sugurcreek Township Local School Government Development Bank
District (P. O. Bellbrook), Ohio
I for Puerto Rico has entered into

Brown,'an

arrangement with five leading
Board of Education, will New York City banks and three
sealed
bids—until noon Puerto Rican banks for a loan of

Offering—Paul W.

Bond

Clerk of

receive

bonds at

prices to yield 3.80% to
4.45%, in each case plus accrued
interest.

Sale—An issue of

$500,000
improvement revenue bonds was
sold to a group composed of the
First of Texas Corporation; Creston H. Funk; Hobbs & Co.; M. E.
Allison & Co., Inc.; MeClung &
Knickerbocker, and Stern Brothers
& Company, as 4Vis. Due on May 1
Bond

(Commonwealth of)

Rico

Puerto

RICO

(EST; on July :13 for the purchase $9,000,000, evidenced by notes ma433,000 school building bonds.; turing at the end of three years.
Dated June 15, 1959. Due on Dec. The general credit of the Govern15 from
1960 to 1981 inclusive, ment Development Bank for

1960

from

inclusive.

1984

to

Bonds
1970

Principal and interest (J-D) payable at the Citizens First National
Bank, of Xenia. Legality approved
toy Peck, Shaffer & Williams, of

Puerto Rico is pledged for pay¬
rnent of the notes.
Banks participating in the loan

the

The First National City Bank

are

The

—

Fund

$1,000,000
June

189, p. 2732—were awarded
group composed of Rowles,
Winston
& Co.;
Mercantile Na¬
a

able

189,

2839—were awarded to

p.

Shoemaker & Co., and H. I. Josey

Co., jointly.

...

OREGON

$600,000; Banco Credito y AhoiTo
Ponceno, $400,000; arid Banco de
Ponce, $400,000.
Proceeds from the present fi¬
ward the normal

Albany, Oregon
Bond Sale—The

*

obligation
June

24

Bank

bonds

sewer

—

©warded

$60,000 general
p.

the

to

offered

2731 —were
First
National

189,

v.

of

Oregon, in Portland, at
price of 98.32, a net interest
cost of about 4.46%. as follows:
©

on June
1960 to 1965 inclusive.

9,000

Due

4s.

1966

to

-

June

on

1

from

1968 inclusive.

performs

to 1979 inclusive.'

Bond

ceive

on

of $85,000

will

bids

5

Orangeburg County School District

Orangeburg), S. C.

O.

(P.

Bond Offering—The County

receive

until

bids

sealed

until

will

noon

at

re¬
p.m.

July 6 for the purchase

general obligation bonds.

Due on Dec. 1

1959.

Prin¬

(J-D) payable
Deer Park National Bank, Deer

cipal

and interest

Park.
son,

Legality approved by Vin¬
Elkins, Weems & Searls, of

Houston.

July 16 for the purchase

on

of $500,000 school bonds.

University of Dallas (P. O. Irving),
Texas

'

Lewis and Clark

County,

JClatsop
School

District

1

Astoria), Oregon
Bond

No.

5-C

(P.

O.
J,

Offering—Bids will be

re¬

ceived until July 15 for the pur¬
chase of $95,000 building bonds, it
is reported.

Offering

J.

—

Town

Recorder,

sealed

bids

will

until

7

re¬
p.m.

(PST) on July 27 for the purchase
of $160,000 sewer bonds.
Dated
Aug. 1, 1959. Due on Feb. 1 from
to

1961

1970

and interest

inclusive.

College Association
(P. O. Sioux Falls), S. D.
Bond Offering—H. R. Gregerson,
President of Board of Di¬
rectors, will receive sealed bids
until
10 a.m.
(CST) on July 13
purchase
of
$500,000
building revenue
bonds. Dated May 1, 1959. Due on
May 1 from 1961 to 1988 inclusive.
Legality
approved
by
Dorsey,
the

union

student

Calder-

E.

wood,
ceive

"-v, ■

The Augustpna

for

LakevieW, Oregon
Bond

5^en icott
of

Town Treasurer's office.

Legality

Maiquait,

$50,000 general
obligation hospital bonds offered
June

awarded

24—v.

to

the

First

p.

2731—were

group composed of

State

State

Farmers
and

189,
a

Bowdle

the

Bank,

Bank, of
National

Bowdle,
Hosmer,
Bank, of

in

entrance

Conde, S. Dak.

advisory

perience:
ant.

or

research capacity. Ex¬

top level

college

industrial -consult¬

teaching,

Most recent work in

rebar,
42.

Present earnings

Resume

.

on

and

steel

biiilding

and

Bond Sale—The

into investment field

research.

fabrication,

materials.

Age

$12 to $15,000.

Box

J-625

Park

street

sewer

bonds

totaling $75,000 offered June 24—

189, p. 2840—were awarded to
Piper, Jaffray & Hopwood.

Kingsbury County, Bancroft Indep.
'

*

School District No. 4

(P. O.

Bancroft), S. Dak.

.

Place, New York 7, N. Y.




and

Bond

Sale—The

$60,000 schoo
building bonds offered June 23—
v

189,

p.

2840—were awarded to

J. M. Dain &

'v

Co., Inc.

Ira

Haupt & Co.; Hornblower
Weeks; Ladenburg, Thalmann
Co.; Carl M. Loeb, Rhoades
Co.; F. S. Moseley
Co.; Phelps,
&

Fenn

& Co.; R. W. Pressprich &
Co.; Reynolds & Co.: Shields &
Company; F. S. Smithers & Co.

Stone

Webster

&

Securities

Corporation; Dean' Witter & Co.;
R. S. Dickson & Company, In¬
corporated:
Estabrook
&
Co.;
of Michigan Corporation;

First

Hallgarten
&

Noyes

Jackson

&

&
Co.;
Hemphill,.
Co.;
Paine,
Webber,
Curtis; L. F. Roths¬

child

& Co.; Stifel, Nicolaus &
Company,
Incorporated;
Wood,
Struthers & Co.

will

be

King County, Tahoma School Dist.
No. 409 (P. O. Seattle), Wash.

bonds total¬
$70,000 offered June 24—v.
p. 2840 — were sold to the
State Finance Committee, as 414s,

tion various purpose

ing
the

on

bonds

Federal

from

will

be

income

189,

at a price of par.

proceeds from the sale of

of

ment

the

Wanapum

WISCONSIN

construc¬

Develop¬
River in

cost

Columbia

the

on

the

of

the

to

District

The site of
in central
Washington about 18 miles up¬
stream from the District's Priest
County, Wash.
Development is

mitted

water

Development

miles

miles

air

the

above

The

river.

site

and
mouth of

also

northeast

Wis.

Madison,
Bonds

the

fered

Not Sold—All
for

works
June

bids sub¬

$1,000,000
3^4%
revenue
bonds of¬

the

23—v.

189,

p.

2620—

rejected.

were

415

Note—The foregoing supersedes
the
150 the report in our issue of June 29
•v. 189, p. 2944.
Portland,

is about
of

tt

Ore., 130 air miles southeast of
Stevens Point,
Wis.
Seattle, Wash, and 140 air miles
Bond
Offering — Norman
J.
southwest of Spokane. Work on
the Development is expected to Meshak, City Comptroller, will re¬
ceive
sealed bids until
5 p.m.
be started by August 1959.
The
Development will consist (CDST) on July 20 for the puj.
chase of $175,000 corporate purpose
of a dam 8,540 feet in length, a
bonds.
Dated Aug. 1, 1959.
Due
10-generator powerhouse, and re¬
lated
facilities.
The
maximum on Aug. 1 from 1960 to 1968 inclu3*
sive. Principal and Interest (F-A)uheight of the dam will be about
^

feet.

186

Total

installed

name

Contracts for the sale of 98.2%

& Horton, of Dallas.

of

Wanapum

power

have
utility

been

payable

t

the City Treasurer's
approved by Chap¬
of Chicago.

at

office. Legality
man

& Cutler,

CANADA
ONTARIO
Ontario
Debenture

$50,000,000

(Province of)
—
An issue of

Sale

Hydro-Electric Power

Commission

debentures

was

sold

syndicate headed by McLeod,
panies and municipalities and a Young, Weir & Co., Ltd. Dated
Danville, Va.
public utility district. The District July 1, 1959, Due on July 1 from
.1969 to 1979 inclusive.
Bond
Offering
Randolph L. will initially retain 1.8% of the
Other,members of the syndicate;
Hall, Director of Finance, will re¬ power for the electric system it
ceive sealed bids until noon (EST; operates in Grant County.
The Wood, Gundy & Co., Ltd.; Bell,
on July 15 for the purchase of $1,Gouinlock & Co., Ltd.; A. E. Ames
contracting public utility com¬
panies include for four largest & Co., Ltd.; Mills," Spence & Co.,
790,000 bonds, as follows:
investor
owned
electric utilities Ltd.; Dominion Securities Corp.,
$500,000 general improvement
in the Pacific Northwest, and five Ltd.; Royal Securities Corp., Ltd.;
bonds. Due from 1960 to 1984
smaller publicly owned systems. Midland
Securities
Corp.,
Ltd.;
inclusive.
VIRGINIA

•'

850,000

general obliga¬

v.

request.

Commercial and Financial Chronicle

23

tion

&

&

10 generators
will
be
Bond Offering—Dr. Michael A.
831,250 kilowatts.
The
Duzy, Executive Vice-President, construction contract requires that
will receive sealed bids until 4 six of the generators be installed
p.m.
(CST) on July 15 for the and ready for commercial opera¬
purchase of $546,000
dormitory tion by Sept. 1, 1964 and that all
revenue bonds.
Dated Oct. 1, 1958. to be ready for operation Jan. 1,
1965.
Initial generation of power
Due on Oct. 1 from 1961 to 1998
inclusive.
Legality approved by is expected to commence by Sept.
McCall, Parkhurst, Crowe, McCall 1, 1963.

•

•.

.«

>

•.

350,000 water system bonds.

Selby.

Engineer, Ph.D.

Pierce,
Morgan

Inc.;

Inc. ;

plate rating of the

Due

from 1960 to 1984 inclusive.

Desires

Lehman

Co.;

Lynch,

Smith,

signed

with

public

com¬

to

a

—^

Bowdle, S. Dak.

free &

Professional

Marquart'

Bond Sale—The

approved by Shuler, Sayre, Win-

Rankin, of Portland.

Barber &

'
Minneapolis.

--'

Principal

(F-A) payable at the

DAKOTA

SOUTH

bonds

&

Merrill

Co.; W. H. Morton &
Co., Inc.; Salomon Bros. & Hutzler; Smith, Barney & Co.; White,
Weld & Co.; Alex. Brown & Sons;
Bear, Stearns & Co.; Blair & Co.,
Stanley

issue.

Rapids

Commissioner,

Dated June 1,

5

Park, Texas

from 1973 to 1980 inclusive.

CAROLINA

SOUTH

7

sealed

(CST)

1980

1,

Offering—James L. Cook,

Finance

term

Freres

&

Fenner

Grant

June

on

Lazard

Brothers;

in¬

accrued

the bonds will be applied by
tion

.1981.
Deer

Commonwealth and

functions.

Due

Is.

and

Development
Rico is fiscal

agencies. In addition, it
a
variety of banking

tions and

20,000 414s. Due on June 1 from! (EST)
1974

80,000

all municipalities, public corpora¬

No.

15,000 414s. Due on June 1 from
1969 to 1973 inclusive.

Puerto

for

Bank

agent for the

1 from

$16,000 3wis. Due

Government

The

_

1970 to 1979 inclusive.

lending program

Co.; Drexel & Co.; Eastman Dil¬
lon,
Union
Securities
&
Co.;
Equitable Securities Corp.; Glore,
Forgan & Co.; Goldman, Sachs &
Co.; Halsey, Stuart & Co." Inc.;
Harriman Ripley & Co., Inc.; Kid¬
der, Peabody & Co.

accelerate the retirement

to

Net

1964 to 1969 inclusive.

bank.

of the

the

exempt

415,000 414s. Due on June 1 from

nancing will be used to carry for¬

be

Allyn and Company, Inc.;

Blyth & Co., Inc.; C. J. Devine &

taxes.

Due on June 1 from

355,000 5s.

of

Interest

,,

1960 to 1963 inclusive.

also

*

the

of

500,000; Morgan Guaranty Trust of par, a net interest cost of about
'■%' Company of New York, $1,000,000; 3.96%, as follows:
Bond Sale—The $500,0(10 water¬ Irving Trust Company, $600,000;
$150,000 414s. Due on June 1 from
works bonds Offered June 24— Banco Popular de Puerto Rico,

&,

Monday, July 6, 1959

.

under
Bond Sale—An issue of $150,000
the provisions of a mandatory an¬
general obligation bonds was sold
nual
sinking fund which
com¬
to the State Finance Committee,
mences
in 1980, but may be re¬ as 4s, at a
price of par.
tired earlier by the application of 1
certain
excess
Redmond, Wash.
moneys
in
the j
Bond Fund expected to be avail¬
Bond Sale—The general obliga¬

Anadarko, Okla.

v.

.

retired by maturity in 2009

Corii

OKLAHOMA

and

100%

at

terest.

York, $2,500,000; Chemical
Exchange Bank, $2,000,000; tional Bank, of Dallas, and Lucas,
The Chase Manhattan Bank, $1,- Eisen & Waeckerle, Inc., at a price
of New

Cincinnati.

to July

and after July 1,
sinking fund and

on

the

from

1966

25—v.

to

1,

and

on

A. C.

:

certain excess moneys in the Bond

In¬

Dist.,

offered

bonds

schoolhouse

July

will

bonds

term

redeemable

T exas

Sale

Bond

after

redeemable

declining thereafter to
100%, plus accrued interest, and

All

Sch.

Indep.

be

1976,

1,

terest M-N.

Christi

maturing

will

after Jan. 1, 1970 at 104%

©f

Corpus

Hydro-

—One of the

exar

PUERTO

Wanapum

Electric Revenue Bonds Marketed

Metropolitan Water District
(P. O. San Antonio), Texas

b;lsis of about 3.58%: B,
*

a

Utility Dist.
2, Wash.

•S395,000,000

,

15, 19o9.

ment bonds. Dated July

j

Public

No.

$220,000
r.on-tax exempt dormitory reve¬
nue bonds was sold to the Federal

Portland, j

District

School

Oliver

Mt'.

(State of)

County

Tennessee

■■

,

Offering Postponed—The

Memphis),

PENNSYLVANIA

cinnati.
Ohio

^O.

(P.

College

Grant

Bond Sale—An issue of

gen-

189, p. 2731
The First Na-

tioual Bank of Oregon, in

Williams, of Cin-

Peek, Shaffer &

25—v.

fered

15,

$340000

Sale—The

Siena

dbligation school bonds of-

Dated

June

on

School District
No. 57-67 (P. Q. 11640 S. W.
Parkway, Portland), Oregon

(EST; on July 15

noon

WASHINGTON

TENNESSEE

Multnomah

Washington and
Counties, Barnes

Bond

jnotes.

^

.

(100)

56

public

bonds.

improvement

Due from 1960 to

.1984

inclusive.

90,000 gas system bonds.

Due on

Aug. 1 from 1960 to 1984 inelusive.

The

Pacific Power
Portland General
Co.; Puget Sound Power
& Light Co. and The Washington
Water Power Co., and the munici¬
pal
purchasers
include
Public
Utility District No. 1 of Cowlitz
County, Wash, and the Eugene
&

companies

Light

Aug'.

and interest

City

City.

1,

&

1959.

Principal

(F-A) payable at the

Treasurer's

approved by
burn

ris

Ltd.; Dawson, HannaEquitable
Securities
Gairdner & Co., Ltd.;
R. A. Daly & Co., Ltd.; W. C. Pitfield & Co., Ltd.; James Richard¬
son & Sons; Bankers Bond Corp.,

&

office.

Reed,

Legality

Hoyt,

Wash¬

McCarthy, of New Yc)rk

and

Electric

Board

of

Denton

ford

Ltd.;

Canada Ltd.;

.

Water

Dated

Cochran, Murray & Co., Ltd.; Har¬
& Partners Ltd.; Burns Bros.

are

Co.;

Electric

the

Fry & Co., Ltd.; Matthews
Co., Ltd.; Anderson & Co., Ltd.;
L. Graham & Co., Ltd.; Bart-

Ltd.;

City of Eugene, Ore.

&
J.

Members

ot
the underwriting
include
besides
Dillon, lett, Cayley & Co., Ltd.; Brawley,
Co. Inc.; Kuhn, Loeb &
Cathers & Co.; Charles H. Burgess
Co.; John Nuveen & Co. Incorpo¬
& Co.; Flemming & Co., and Walrated; B. J. Van Ingen & Co., and
Foster & Marshall, the following: wyn, Stodgell & Co.,« Ltd.

group

Read

&

i