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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 .79'.2 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