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MONDAY U°?8SK ISSUE JUN c • Reg. U. 8 Volume Number 135 5647 New York General i {' Pat. Office 7, N. Y., Monday, June 17, 1957 Price PUBLIC UTILITY - INDUSTRIAL!- INSURANCE - Abbott Laboratories, North Chicago, 111.—New Product to company , available .June made help 13 ihc to major -the manage This heart disease each medical killer available new by this diseases— .'ton of the inner Abbott's all among In This Issue ds se< to the death of more than 200,000 called "Saff," contains oil pressed from the the safflower, long used as a food in India and various parts of Stock Exchange handle 'Saff" contains 46% a New York lias less than 5% It New York Stock American unsaturated fatty acid. Because it is compatible with most liquids, well beverages as common as number a "Saff" of be mixed with can foods.—V. 185, (Stocks) Aeolian below.-*—V. Co. 176, 1693. p. Exchange meetings held directors Corp. and Aeolian April on piano enterprises, Pacific Aeolian American under v * "This Aeolian The formal voted Co., American approval to Piano ' the name Aeolian addition, the it will take Greater the American P.ano by A digest of plan of American Co., the and, capital value par each) of (500,000 shares, The stock <bt 7^1 Aeolian new will be it two signed is planned the American par as with Corp. (5,000 State and for stock; A each and American Foreign (at share of one new Piano Corp.: (at shares 4Vs To stockholders of Aeolian American; (3i of Piano, Aeolian shares no is American the of shares of capital stock owned merged Corp. shares of its for share, it was announced on June 11 by William O'Neil, Presi¬ dent of The General Tire & Rubber Co., majority stock¬ holder of the rocket producing facility. None of the holdings of General Tire in Aerojet-General was in¬ volved in the placement. Negotiated by Kidder, Peabody & Co., Inc. and Auchincloss, Parker & Redpath, the sale by Aerojet-General of this common stock sets Gen¬ eral Tire's ownership of Aerojet-General at 87.6%. Mr. ance O'Neil that the placement agreement includes assur¬ that General Tire will not consent to the conversion of presently reported Aerojet-General outstanding preferred stock into shares. common also stated that General Tire has agreed to vote for a split in Aerojet-General's common on "at least a lC-lor-1 basis" within a year. The new funds, Mr. O'Neil stated, will be added to the subsidiary's working capital. He that added He its sales fiscal current of year Aerojet-General for the first with $65,553,158 were net earnings five months after of taxes This compares with sales of $49,626,120 and earnings of SI.,324,931 for the previous comparable period. to $1,388,850. amounting net Juneau Gold Mining Co.—To Alaska Diversify— A company ing a railroad equipment company, a mining firm, a guided missile coihpany, an aviatioh equipment firm and an electronics firm, the should be announced in the next has Porthouse been elected director, a it was announced 21 by William H. Coleman, Board Chairman. He replaces Taplin who recently accepted appointment as Assistant to the May Frank President of the Oil is Ohio, A City of director Porthouse is directorships and the 713. Rubber Glass the of G.' A. also Michigan Co. and Chartor a and director Harcort Pa. director a Foundation, Spalding Chairman include and of two Ravenna, Manufacturing Ohio, Co., and Co., Oil City, Vice-President and a complete laboratory to carry on earlier this year to utilize the and experience of the Allied chemical processing and metal fabri¬ Kennecott Copper Corp. complementary technological resources Corp. and and Kennecott organizations 185, cating.—V. p. in 2321. covering with In accordance proposes than 35% such of the of Sport Plating & & the Fred Arbogast Houston, Bros., Inc., Executive Co., Akron, Texas. its employees stock purchase the Sales and highs for enues Canteen Co. earnings for the 24 Chicopee, Committee. Mass., His Gross and option plans, offer nor less than the figures of America—Earnings Up— the first 24 weeks of the year were Consolidated sales and operating rev¬ for company. weeks ended March in the similar figures American 16 came to $50,730,403, compared Earnings lor the 24 weeks 1956 period. on sales and earnings for the 28 week3 en Mr. service other United Express. terms by and American not filed and of material fact in that it falsely important part in the organ¬ acquisition of its assets and may a took an the 174, 185. p. • , payable of five cents quarter record June share per The each. cents 20 first over the quarter two previous 1957 dividend was paid dividend is payable July to share¬ i 14. earn¬ year. 1510. ' all of guided chemical has formed a products used its in fuels section to handle manufacture of fuels for the other applications, according F, Francis, .Vice-President in missiles and by William J. to an charge ' section new esttblished was because of increased AP&CCs of Issues New Booklet— A has complete products catalogue by this corporation. Moving Service— and 12-page issued been informational booklet includes a description, properties and applications of nearly 70 chemicals marketed under the company's Ttona trademark. Among major product groups included in the booklet are boron chemicals, soda products, potassium compounds, bromines, lithium The catalogue brochure also chemicals agricultural chemicals and rocket includes information developmental in fields missile and stages, well as on which as newer are other refrigerants. lithium finding and boron interest industrial in the processes.- - Announces Two New Products— corporation has begun production of two new products—lithium The perchlorate and lithium nitrate—for use such chemicals propellants. As pyrotechnics. The company chlorate and chemicals chlorate missiles On oxygen in which which Nev., San the weight oxidants, also they it in high energy fuels applica¬ was oxidants may announced to on provide be used June oxygen flares in 7. for solid and other manufactures two oxidants, ammonium per¬ perchlorate, at Its Henderson, Nev., electrothe only domestic producer of ammonium per¬ being widely used as the oxidizer in rockets and already It is is Air Force, Navy, and Army. basis both of the lithium compounds content—about lithium both are potassium plant. by a and missiles, rockets as two nitrate. makes them It of have Texas, cals, Inc.—V. 185, p. high this corporation .is a basic producer of perchlorate* at and also of lithium at both its Trona, Calif., plant Antonio. a in lithium perchlorate and nearly 70% property, according to AP&CC officials, interest in the propellant field. 60% is Henderson, and at the Chemi¬ plant of its subsidiary, American Lithium 2210. inaugurated terms will be States President Tne Express Co.—Overseas and Aero Mayflower Transit Co. on May 31 announced extension of their overseas moving service, seven months they the with was chemicals for such fuels. These include ammonium and potassium perclilorate from the company'3 Henderson, Nev., plant, and boron and lithium chemicals being produced, at the AP&CC Los Angeles plant for such application. ed company first that sales. tions and the 32 weeks ended May 11, 1957 Increased over the pre¬ vious year, it was announced by Nathaniel Leverone, Chairman of the Board.—V. 185, p. 607. after asserts complied circular 4 declared a third quarter dividend of 25 Oct, 1 to shareholders of record 8ept. 16. June on corporation sale The the 13 This offering in and the second 185, p. The $1,214,966, compared with $1,103,420 for the same period last year. Preliminary April American Rautbord, President, attributed the increase to higher during the first six months of tne company's fiscal production oiler the market price on the date of the price.—V. 185, p. 713. Automatic Under Fishing Institute, Washington, D. C., Stamping Cc., Grand Rapids.—V. 185, of of The record not were above.—V. Co. announcement of of its common stock to certain of its employees, pursuant to certain terms and conditions and at a price not the of A products, clectrochemicals, filed a registration statement with the SEC on June 11, 119.162 shares of its common stock without par value. Til is company company 1954, 609. p. increase and This .American Brake Shoe Co.—Registers With SEC— 1957, 26„ American Potash & Chemical Corp.—New Unit Formed When in operation the initial unit will employ about 500 people. For the time being the company's headquarters will be at Syracuse, N. Y. Allied-Kennecott Titanium Corp. was formed by Allied Chemical & Dye Jan. G. The University. President is Pvramid concerns, He Princeton Porthouse Mr. April 1 holders Corp.—Affiliate to Build— include public On Commission "promoter"; and (2) American General and Robert and Director, were enjoined on April 20-, 1955, by of New Jersey from engaging in and continuing and practices in connection with the sale of secu¬ a share, dividends 49 full were R. will the research and development for the new company. program of with $47,491,365 Alco Oil & Chemical Corp., Cleveland, O.—New Dir.— C. Clearings labor. installation question permanent. from registration offerings of securi¬ Court 179, an rockets, new to amount. statement L. Joe company is forgings and billets, according tc Raymond Largent, Vice-President and Project Manager. The new plant site, which is a few miles outside of Wilmington, con¬ sists of 1,500 acres with about two miles of frontage on the Cape Fear River. Chosen after study of several possibilities the location offers low cost water transportation, a good supply of cooling water and The the on made President per This 52 with consultant acquisition of any one of which couple ox weeks.—V. 183, p. 2893. on The cents the a or- American Photocopy Equipment Co.—Div. Increased— Federal Wilmington, N. C., has been selected by Allied-Kennecott Titanium as the site for its multimillion dollar plant to produce titanium ample skilled respect in with required company cofidiret Corp. greater is reported to be attempting to diversify its operations. an option to buy a 100,000 share stake in Alaska 'Juneau at $3.25 a share, said that the company is presently consider¬ The of 52 Allied Chemical & Dye the untrue an that Aeolian See 51 ings 33,500 per request, exemption the Commission Regulation the Superior —V. placed (par $10) at $225 with $300,000 that considered Jones, S, Pri¬ Act conditional , of present Stock Tex.— American Piano Corp.—Merger Effective— 185. Common privately has stock common Sells — p, Banks . Bank of of of certain American and issued 174, Course a notification a in rities.—V. 51 .... Statement hearing, upon be vacated should suspension order, represents 11 Redemption Calls and Sinking Fund NoticesThe east 59 Member of for provides Securities contain to C. System Condition miles 700 some failed to file the required semi-annual reports reflect¬ the sale of stock pursuant to the exemption. Furthermore, according to the order (1) American General's notification appears all the capital as Co. be auuaicuu.— v. corporation vately—This will company of Aeonaa Aerojet-General Inasmuch Aeolian by Rates Statement Reserve Reserve Banks ing share of present American Piano class B stock. stock Exchange Sea , v , company the City Bond Offerings... Combined of outstanding share of present American Piano, 2>* shares of new common for each outstand¬ <b| Stock Exchange Dividends Declared and Payable * . ing General Corporation & investment News.-Cover autbor- an shares, $50 $500,000 par valhe value common. of the Miscellaneous Features Federal stockholders Stock Prices its In General, 37 Aeolian A exceeding conditions 37 37 Condition Co., 47 37 preferred To 46 Connecticut a operation. and Exchange Commission, it was announced on June an order temporarily suspending a Regulation A ex¬ suspension filed ization into merged the proposing the offer¬ pursuant to such an exemption, of 1,000,000 shares of its com¬ mon stock, not for cash, but for oil, gas and mineral leases having an alleged value not to exceed $100,000. Transactions New York Stock Exchange follows: as Aeolian Co.: Section. Markets the not be be existence ,< household will of Mayflower of end agents in Tripoli to handle the also to utilize the port facilities Mediterranean 2321.* p. at the U. S. ing, Co." Aeonan will in $250,000 issued 43 Transactions American retail six ties 37 each common class p. has on opportunity the Regulation under SEC Index of previously oper¬ an whether General National Quotation Industrial Stock Averages outstanding share of present Aeolian Co. preferred; and shares of new common for each outstanding share of present for (2) Aeolian the of area new 6% preferred stock and value $1 each i of common stock. par stock new ine American continuing name To stockholders of (1) t.ini follows: consisting of stock the (operations Metropolitan vides issued 41 Dow-Jones Stock and Bond Averages here¬ as has 42 Stock Exchange—Curb The new merged Corp. American rp. c. Aeolian company undef the corporation ized merger Piano* and merged over York New - of shipments Express. 10, 41 Exchange Over-the-Counter Securities ; Toronto which became effective June 1, 1957, brings together corporate roof three old-time piano companies In ated , Express In , shipments emption from registration under the Securities Act of 1933 with respect to a public offering of securities by this company. The order pro¬ 41 Exchange Stock v. . The . strong in Y. stores " • outgoing American General Oil & Gas Co., Houston, Offering Temporarily Suspended— ... Canadian Stock Exchange tofore, will concentrate its manufacturing activities at East Rochester, N. families TripolL are confident France, other scope of their 38 Toronto ' ■ . Stock Montreal of plan a W. Lee White, Board Chairman of and President of American Piano Corporation, Corp. will carry company their and American Stock 40 Pittsburgh Stock Exchange three long-established and closely which, for many years, have been closely affiliated. i boards the forces Success of the operation dur¬ 38 Exchange Philadelphia-Baltimore Stock Exchange respectively, 17, ;• , merger, one May Stock armed , Sea-Van-Tote Bengasi., 38 Exchange. Coast S. prompted ( 38 Stock Exchange.. Midwest announcement, this making stated—'• of American Corp. and related . and recapitalization of these merger In 17 stockholders the and Stock Detroit -3. ' Aeolian Co., New York—Merger Effective— At of * the U. and Germany. ;; .v. * time, located of Tripoli.—V. 184, 17 Exchange (Bonds) Stock Exchange Stock Boston 2209. p, Aeolian American Corp.—Merger Effective— See 1 all shipments. of 33 non-essential linoleic acid, an essential unsaturated fatty acid. saturated fatty acid and less than 13% oleic acid, Cincinnati Stock Exchange * of S. months 29 all s the U. ; American Page : .of Europe. ♦ members six At Tripoli, all incoming and furnishings will be handled by Stock and Bond Quotations the arteries. of coat all operation. compound, new to past the extension into Officials of Mayflower and American Express now that before long they will be able to bring England, European countries and, in time, the Far East within the or one death in every seven. A form of it is characterized by a thickening and fatty degenera- ^arteriosclerosis, . year leads the ing profession in the United States, \ persons Copy MISCELLANEOUS - moving between unique a atherosclerosis. , a Corporation and Investment News A thistlelike herb provides the essential ingredient for compound $1..25 j RAILROAD \ 17)957 of The the program. extended agreement, house-to-house moving offered to all military families moving between the of the and Tripoli, it was announced Mayflower and Ralph T. Reed, U. original S. Department agreement, of signed Defense last by John Sloan Smith. President of American has approved the October, made the American 62,102,590 —V. 185, p. 2321." Sales Up— 1957—4 Wks.—1956 S contract. service Stores Co.—Current Period End. May 25— $ 1957—8 Wks.—1956 $ * 57,042,285 122,801,863 110,193,993 Chronicle .7 The Commercial and Financial 2 Monday, June 17, 1957 . (2798) «• . , such Subs.)—Earnings Lower—' Amer!c$j>*Toba«co Co. (& , 245,199,000 251.015,000 fedevart7xe7VnTnVom;::::::::---— income Net 19d6 ^^57 Eivled'Mar, 31— Quarter Pnips 10.133,000 s>J..pz 1 made New York, Anglo-Ecuadorian Oilfields Ltd. (England)—Registers Securities and Exchange Commission— The Guaranty Trust Co. of New York filed a registration statement with the SEC on June 12, 1957, covering 60,000 American depositary receipts for ordinary registered stock of Anglo-Ecuadorian. With Railway expenses oper. 77,936 - 185, p. 2442. • '$666,492 $609,920 $208,067 52,588 Inc. —V. 2,463,151 2,593,615 611,736 $172,678 Net rev. from ry. oper. Net railway oper.- 1957—4 Mos.—195G $3,203,535 $3,129,643 1957—Month—1956 $819,803 $826,173 653,495 revenue-- oper. Net Net inc.— railway oper. —V. 185, 2211. p. i 175,977 , shares of 50,000 Registration — '/77:7 In interest high established the service facility to stimu¬ radiation processing. According to M. R. energy in interest logical Jeppson, President, many organizations with a radiation effects are deterred from initiating work experimental they are relUKtant to invest in a source of radiation without some preliminary experimental justification.' ; . / The corporation owns and operates the Center. Therefore, user3 can devote their energies exclusively to planning, executing and because experimental work itself. Although tin? corporation planning experimental programs to the extent-desired, no obligation to divulge results or even the nature the experiments. More complex experiments are conducted by user's own technical staff, but many groups merely send prepared the evaluating of the under are Center Service Tne for commercial The are leased be can company's offices located are With on May 27 filed a letter of notification with the SEC 1,296 fjhares of capital stock (par $D and 71 shares of class $1>, both to be offered at $8.55 per share, pursuant to previous options. No underwriting is involved. The proceeds are to be used for working capital.—V. 184, p. 2833. The (par Coast Line Period End. April 30— Railway oper. revenue— Railway oper. expenses. RR.—Earnings— 1957—Month—1956 1957—4 Mos.—1956 $15,041,054 $14,836,071 $59,552,680 $61,484.83 } 11,073.978 11,946,938 46,948.603 48,627,197 operations— $3,367,076 $2,889,133 inc.— 822,444 737,394 railway —V. 185, oper. —V. 185, ; nlant" to plaoe standby produc¬ the corporation of plus its 5% Co., sinking 2442. . record 12 Mass.—V. Merchandising, July on 185, May 25 (par 50 cents the p. right to 1, i, 1968 the $334,- next, 100 % at Old Colony 142. Inc.—Stock May 29 offered to its for Offering subscribe The stockholders common on or before 81,577 additional shares of common stock at $3.50 per share on the "basis of one new underwritten 2.52053 by shares held. White Stevens, & The offering was McClure, Inc., of Tampa, Fla.. and associates. PROCEEDS—The sale of the general 0 order: Approximately $75,000 to -the discharge of certain obligations and mortgages; approximately $40,000 to increase the inventory cigarettes and other merchandise for use in the vending machines; approximately $25,000 for the development and manufacture of a chattel of new of electric vending machine; vending new working machines, capital needs CAPITALIZATION , approximately $85,000 for the acquisition and of the GIVING TO underwriter and issue to be used PRESENT for secondary White & McClure, - Outstandir.g 2.500.000 shs. unsubscribed immediate FINANCING Authorized (par 50c > UNDERWRITERS—Stevens, the balance corporation. EFFECT , Common stock of the 185. 287,195 sh.i. Inc., the principal will purchase the portion existing stockholders in the following White McClure. & French & Crawford, First Florida J. Herbert 30% I_~Z ~ 1 2 _I_HZ"_ Inc Wulbern, Evans Inc.i Inc Investors, Pierce, Carrison, Inc & Co BUSINESS—The corporation was organized as Gulf Machines. Inc., under the laws of the State of Florida The principal Tampa, Fla. office and warehouse Such is located at on 107 25% 185, u. 482. ' $150,000 Backlog- W-. :7%- .'V.y >}.-;% 2 v Tajnall has' been licensed to that' uses photdelastlc'' "methods-"' Or , IV tias also acquired rights ,to jirotixice 7?^->-tf- ,ir. period, invention French a „ experimentaly'str^s''analysis,- Vice-President, on 11 months ended for the Phoenb:vHle, iPa:'7ifbr'its 7plant7in headquarters which how is also Somd manufacture is being equippedsfor.-i>foductio^rGf;t)onie itenis. Commission on June 13 announced the sub-contracted' to meet ^delivery dates, issuance of an order pursuant to Section 19(a) (4) of the securities in the meantime, Tatnall continues to seek out other products which Exchange Act of 1934, suspending trading on the American Stock . it can acquire,, as weli as - to develop -new Tt.eis - oi its owu.-^v2 185, Exchange in the $1 par capital stock of this corporation for a further p. 715.•• -v- ■:.%> . 10-day period, June 14 to June 23, 1957, inclusive.—V. 185, p. 2661, vP••';'j•,."!2-*' ;• .... • . ' ■'* i" .-£:>* ■■ Riirl«r^t Fiiiancp Plan (Calif ) ThinKar on RourH 'v. and Exchange Securities The 'fj.5■?.' '■ > «• Benguet Consolidated Philippine terest in New gold and chrome;yv;2».;7 ;} r- '-i.~-Aiu -7^ X -x b corporation, which Lion,; together with * . Billiard Co.—-Changes in Personnel Announced—* ; r producer, on June 11 announced the organization,,' other Philippine interests, of United Finance Corp > ■ 7' E. 7c.BUllaxd lias'been-elected . Chairman of the' Board .and/Chief formed in Manila to engage in instalment and merchandise inventory - .; Ex^^Ve--Officer; 'and'i'E^P. Bullard III as- Pr-sident aiid "Genera! This . ore financing Herbert in the Philippines. Allen, Chairman the in ' -v the of that Benguet is company and that the caid Consolidated, new -M' Bengqet ' •"">» ■" Directors, of Board of the largest — . their5 . They will: assume .. new . — -- •-> MShag^i' * individual stocxhoider ' " investment has. been made "as a responsibilities v. . July 15. bps beetv, a director of the company bean-' President/ and general Manager sip.ee, 1946. E. 'C.'iBullard Ms ,/UroniAri Nof ion• 11 5 P.anV since 1930 and He is'" also, a Rrir](Tonnf,i-* of • fVia and first . -i „ it . tton— The of tiuental' 111. 90, Chicago Street. or at EUllard/1 who Edward - PaVson director, E. P. Bullard lit Chictlor^F iSouth^.-' ^h^ahcV j's® tnd J^JerenSnes6—' National Bank" of ' ;e ^ T y ^ V.. 185,. jk.T991. . Co. or The First Bullock Fund, completed.—V. 185, p. 2661. Borg-Warner Corp.—Adcis corporation 7 7 7 corporation's Marvel-Schebler The control rod drive the at Decatur/ 111. . v shown a-material'advance^—rV; -183, p. T107. •; -...7.. ,y 7:/ 7/ ■ - . 7", Burroughs Corp.—ElectroData Division to. Expand— drive mechanisms to the rod .. : /' 7. , tbi^mutual 'of assets net atf$33/618,832 -on holders.,;' / a Total stood * Ltd.—Net Assets at $33,618,832— f' nd, managed by Calvi 1 Bullock, .Aprils30,-1957/'according to *a letter to stock¬ %•='• •> ' "-;V .• During the peiiod Jan7 317 1957 to April 30, 1957, the fund in¬ creased'its holdings ot-common stocks from 81.5% to 88.2% , Hugh Bullock, President;", tqld the: shareholders. Bond holdings we e -educed from .8.45% to 7.26%,i'.and/cash and receivables from 10.07%.- to4.587?, The major part" of such changes were made in FHjruary. Mr/ Bullock " said. Since- wHich* time the common stock market has 2 , Additional Products—7y control added has Products Division plant ;% mechanisms, precision- • J.J The corporation s CtoT^w 9-fn Mo Snare largement "oi'its Pasadena. CalifJ*.lapt, .bqw totaling 2^.009 squ-re l.;ge.t-«Sneerto?!ind:pro4ue- ',ucloar P°wert'd el<5c';ric 0t an °rder calli,,8'ior Ra,-b are,. tb« mnltl-level the Westlnghoase Electric Corp. »-htch trill atomic-powered electric generating station which. ""T®*- The rods «« shipped to them install is an constructed jointly being tne in nucicar portion, Light Co., and the U. S7 bv the Duquesne v.. x»o, 2Zii. p. ... .. , ^^Mall Maine RR.—Earnings— oper. oper. revenue..i $7,455,348 expenses since section thcn ' was ElectroData occupied in personnel 4ugust 1955 has increased by to Organizetidn-fecently anilounced conditional purchase of 160 acres near'Santa'Ana; Calif.,ffor-t future-expansion: " ," , In. lacldition to; manufacturing Datatron electronic data processing •• s. "7" >' 1957—Month—1956 .c-1957—4 Mos.—1956 :" $7,532,273 $29,681,859 $29,421,098 .. v se^!-5.887,325 23.723,945 23,963,436 "TrV" l~9,% Period End. April 30— Railway .7-7 — 1 C0"Ja The v-»'V •• & el11Dl^ ° . ' Boston , . \7 Snfmh7 pi7nt6rl8kili"teSte<1- "re USed 0l?icSK S 5.853.189 ? 'SS tnhiilatfni ^nd^nmlc^c^ 1 ^ P-700*; ■ tabulating.; and ,punch-card equipm nt. * Offered—The Net railway oper. inc.__ company on JunecTatoffered to its 6% prior preferred —V. 135, p. 2322. - stockholders-of record May 20, 1957/; the right to Bubscribe on. 'or beforen:^June 21, 1957, for 5,840 additional Bridgeport Gas Co., Bridgeport, Conn.—Stock Offered "f. shares * of 76% ' prior preferred stock at par i ($25 per —The company is offering to its common stockholders 1 share)*,/plus-iaccrued -dividends fronr Aprilt 1, 1957. The of record June 4 the right to subscribe on or before June 7 offering is'underwritten; by Coffin & Burr, Inc., Bos¬ 24 for 28,910 additional shares of common stock (no par)/f A ton, Mass.7-' r. ./ at $26 per share at the rate of one new share for each .7. Net rev. from ry. oper/ held. seven shares Smith Ramsay & The net. $1,602,159 624,395 $1,644,948 672,229 offering The GIVING series A due EFFECT TO 1973 3%% series B due 1976 10% 412 % series C due 1981_^__ Conversion loan semi-annual stock. stated ? due :: 1959, cumul. (Without of $20 •Charter authorizes >. Outstanding Authorized $2,070,000 $2,250,000 1.750,000 at to extent PROCEEDS—The 1,500,000 -V 480,000 44.274 slis. value276.572 shs. $10,000,000 capital stock net proceeds of the 1, at option of holder share. .... shares offered,- together with comuany. located at 25 Iyano'igh Road. Hyannis, utility incorporated under "the General Laws of Feb.-»?7,^1929. As of Dec. "31,? 1938, pursuant to a special act.-of - the \fassac(iusetts. legislature,^ it acquired aU. the assets and -^franchises of the " Barnstable County Gas Co. American Business'Associates,/the parent of the company, owns 100% t>f the BUSINESS—Th^; Mass.. is a. public Massachusetts 1,120.000 (par $25). par .. upon 30 days' notice at'opt'on also redeemable each year on Oct/ of 3% of his holdings at $25 per :'V the'proceeds of the sale-of $355,000 principal amount of 5*4%'.'-series C bonds and of $J.12,000 par value (4,480 shares) of - common stock, will'be? applied to ;the purchase of the Barnstable pipeline. 1.662,000 • 1,500.000 ■'7 share; Gasr Co.—Preferred Stock preferred-stock is redeemable as a whole or in part of conioany at $27.50 prior time any per equal instalments 5.28*;/ stock value Oct., u PRESENT FINANCING Buzzards Bay '"The 6% by ^-7,7'.■■■*," 3i4% •Common underwritten proceeds are to be used to retire bank loans and for general 25-year refunding & gen'l mtge. bonds: *"Pfd. '• $5,957,914 ' $5,457,662 ' 1,786,924 1,076.753 purposes. CAPITALIZATION . is - Co., Inc. and associates. 10% Merchandising Aug. 14. 1953. South Willow, grandsoir of 1907 to 1946.)-• Since 1951K w.hile continuing to serve as a Co., Inc.—Secondary Offer¬ ing—The secondary offering of 42,500 shares on June 4 was made at $14.25 per share by Reynolds & Co., with V a dealer's concession of 40 cents per share. It was -/ in .''47: III/is Billiard "president ot Buiiard from Bencl, Wis. Bend, West ment P. —founded the company in 1880; and the son of E. P. Bullard Jr., second called for redemption 011 July serial and sinking fund bonds dated mortgage ininoisaCNationarBank A^rust Salle La West ' 5 nxj ' i Partial Redemp• ' 7 , ■ 7..., ,',-7.• Association lias its first . w v» « Association Benton Harbor Hospital 25% property is leased by the corporation. The manu¬ facturing plant end research* laboratory of the corporation are located •t 2612 Horatio, Tampa, Fla., which is owned by the corporation. At . seVen-month tbe photoStress, Corp.—Suspension of Trading Continued- Bellanca corporate proportions: Stevens, bi,ln«£ waa ' 714. * p. 0, June on -underwriters for "by . cash and of record June 1957. Like amounts shareholders to directors Railway has indicated that the proceeds from the stock will he applied as follows, in the following company common retail shoe gives every indication of ajid- sell cre^.ruptuiie/,testing machines, thermal conductivity testers •'7 and various other specialized testing tools for many uses. , ) each for etetefe -The cents in 7% cf dividend A 1957 V. v* r . t. share Net earnihgs-for the Distilling Co.—Profits Higher- Executive profits and equipment.,:,^., ^ future financing,,. funds of the company. ^ 2 *'-7. 'Z growing list of products which it manufactures for the rapidly-developing atomic energy industry, it was announced on June 10. % The announcement came as the first units were prepared for ship- Redemption— redemption debentures due July will be made at fund Boston, ago. year's record figures. last 3 772,615 3.606,657 Payment Automatic June for interest. 45 company on of called Milk St., accrued Trust has year fall'season,"based oir* early fall orders, Budd Co.—Tatnall Has leased property ' " Kovler, sales This Atlas Plywood Corp.—Partial The a continuing good business and ft most successful year/'-r-V. for the . O00 period ^m eHective alt^ujh; the_me.ger, whh;Brow„ did- not.become from of p. Everett $12,604,077 S12.P-7.637 2322. p. / . 30, , . , Net April first'six monthsyof thetvl956 fiscal year: Earnings per share of Net revenue from rail¬ way A *; ; ended company amount to $2.70 compared to $2.28'a year ago. The earnings per share have been adjusted to reflect the two-for-one stock r'split; Sept.; 14, 1956. Tho ffgurefi for six months" ended April 30, 1956 hsve Keen adjusted-to reflect the six months' operation of G. R. Kinney Bigelow-Sanford Carpet Atlantic of this the-'year were $4,860,351 against ,$4,033,507 for Pteeident e the necessary additional funds and, to the extent available, from the general company stock operation same , ; covering B of $109,201,7li for the L $l,175,000i. for North Main St., Walnut [ at 2404 Research Laboratories, Glendale, Calif.— Securities and Exchange Commission— Applied Files months programs as well available for limited It is also Calif. Creek, six first ,f'.. ? long-term for series of experiments. radiation processing. single a 5 ' v returned lor evaluation. after irradiation, camples which, as Weld & Co. ,,v common > stock \y purcnase tne company nas has an option to purchase the leasea property The company expects to obtain the-approximately ' ' (the site in assist will users White, ^ first' «ix months of market. open both accelerators, electron linear , Pa.; to the production of pig iron for the open market and ita open hearth furnaces at Phoenixville and Harrisburg on a basis, to be used either to supplement for its own use the tion of the new facilities or for the production of ingots Walnut Creek, Calif.—Opens , Western Service Irradiation Center organizations interested-in radiation processing can use one of Applied Radiations linear electron accelerator on a rental basis. The announcement adds that the Center's ten million electron volt Mark 1-F2 accelerator 'is the highest energy industrial accelerator operating in the United States. The Mark 1-F2 generates high energy electrons, x-rays or neutrons. Its election beam is equivalent to 140,000 curies of radioactive cobalt€0, about one-half the United States entire annual production. Re¬ search in radiation chemistry, radiation preservation of foods and drugs, and solid state physics is already underway. The corporation, one of the first commercial manufacturers of late - ..... corporation recently opened its where industrial and academic This *?_ the mo (James B.) Beam New Center— by ^proceeds of the - is Plant the of 1511. Applied Radiation Corp., net- entire with an annual equipment Construction the' company intemlH^to $38,000,000 Marcjh 25, covering a proposed issue stock (par $2.50) became effective June common See details in V. 185, p. terms are to be supplied the use »0In^e debent"res. in connection with the ,wi^truction_of P16 proposed _plajR would located on leased pro^rtylwtei County, N. J. ^and " 'Lf^mi oun ineot tons. Co.'2_-__ii.Jli—7 ' y, •• ' 5'- ^ Brown Shoe Co., Inc.—Sales & Profits Rise— to to intends Burlington producing & 1957, resulted in an increase in sales and profits representing 4he highest earnings attfi sales. in the company's history. • --N Net sales gained'8% and net profits increased 18.6%7" Net sales for the six months ended April 30, 1957 were $117,950,299 compared ^ piant, in Watson The . and underwriting price corporation Co.—12—7; 10 Putnam & Co._—5 %>,.- York—Registers;With SEC— amendment The 5 <fc —V/. 185, p. 2443% >''-'L 'v / «• •; ' corporation filed a registration statement with the SEC on June 6, 1957, covering $10,000,000 of b '2 < avering 01 5,/2% convernme suboraniaieu convertible subordinated debentures, due 1969, to be offered for public sale through ah undereaded writing group headed by Lee Higginson Corp. and Allen & Co. .Tne offering .2'5 5 Co., Inc.___L7I laird, Bisself & Meeds_iklfT:' Walker L. T. This public appear of registration statement filed The of 4, 195 7, 1,296,137 names jf. 'q • necessary Minneapolis, Minn. Apache Oil Corp., 444,280 ^Hincks-Bros. & Co., Inc-.L^f- 15 .7 Clias. W. Scranton & Co.-,-i7__ 10 $2,598,229 1,597,483 $2,180,907 whose 224,484 ' ' ' Statement Effective— $698,841 $587,309 7 360,477 from ry. opera. rev. • Smith, Ramsay & Co.,- Inc.—33 ^ Edward M. Bradley & Co., Inc. A. M. Kidder & r 4,663,116 • several underwriters The — t"SbiS RR.—Earnings— April 30— Period End. 1,124,599 expenses. oper. Pori'Enx '• 4,961,685 -. . *7 $1,846,463 1,147,627 • below will take and pay far-the percentage applicable to each ofvaII no 'par value common stock not subscribed at.expiration of the warrants. ' 7 V,. &/. •• 1957—4 Mos.—1950 1957—Month—1956 $1,711,908 revenue- Barium Steel Corp., N«w Corp.—Partial Redemption— This corporation is notifying holders of its 15-year 3% sinking fund bonds, series 1965, that $343,500 principal amount of these bonds have been drawn by lots for redemption on July 1, 1957, through the sinking fund at 100% and accrued interest. Redemption will be made at The Marine Midland Trust Company of New York.—V. 183, p. 2534. Railway Railway 1038. Amuii-lsrae! Housing Arbor Railway oper. " , issue of cumulative preferred stock been cafHeti for redemption, to common stock (share issuance of rights. /%- •*%••• •- *. * UNDERWRITERS ; ./? . fr. the Manufacturers Trust Co., at v - ' •„ ,$On basis of conversion of entire none of which has for share) prior to share) RR.—Earnings- , redemption on July 1, next, $5,000 series B, due July 1, 1967 at 100%. corporation has called for of its 3% sinking fund debentures, The Payment will be N. Y.—V. 185, p. Partial Trading- Corp. Palestine Redemption— r Ann .- "... . . issued pursuant- to -proper stockholder5-and regu-* 5 " %„ . *'//, - V. % /■. common may ; be latory action., v " ) ' on 1990. 185, p. Bangor & Aroostook Period End. April 30- Ampal-American work conducts- experimental and- 11,065,000 184, p. 2833. —V. vending cigarette its manufactures corporation the - automatic vending machines. The corporation operate#, owns and services automatic vending machines dispensing cigarettes, candy. - chewing gum, ice * cream, milk, coffee, soft drinks, cleansing tissues ana cracxers. . %\ —V. frRSiS stock-—~L—$i.4J — share of common Net income pev premises machines $270,910 shs. and either preferred or j?on stock of common The company the' company.1natural gas serves .. - through pipelines to approximately Volume 0,000 185 Number In'the customers Including the "towns 5647 The Commercial and, Financial Chronicle . generally "referred territory of . . Wareham, ;,Bourne, c.;(the -upper,-distribution system! to, as"Cape Mashpee -/md . Cod, distribution system). undiluted towns of Sandwich, corporation recently called for redemption on'June i7, nexti $500:600 of its' 4convertible sinking-fund debentures, series A, due for Gas Inc., agent as and tank by the 1972 at ,100%;/Payment will be made at any branch in Canada north excepted)] of < the Royal Bank of Canada, Bank of Mont¬ real, or the Canadian Bank of Commerce. "(far foregoing ; in CAPITALIZATION GIVING TO^ EFFECT PRESENT "v"''' *■ 3;% V» series A, Authorized 4Vi**e series B, series due 1962_— *The series A bonds the series B - Department .and sell Proceeds be the has for 746,000 ?, 600,000 has $150,000. 862,000 authorized the to -company of "$470,000 'principal sale stock (2) Files With — tetter of filed-a 21 shares of -vyithoutunderwriting. construction and operation of The be to \ proceeds paT to are be of used v ; ; - 2,932,600 from ry. opfers. rev. •v v $200,000, and to reimburse the company for expenditures construction. The proceeds .of the remaining '$355,000 principal amount will (pipeline. v be-applied toward the purchase -/:•. $2,603,571 524,156' ; 1,520,725 In 11,699,060 $3,289,608 2,010,331 "'/■";'/.■ ; , by notes unsecured hi maturing equal annual registration «, 12,/1957, 1 covering :The 1987. of $15,000,000 first of .instalments with the mortgage SEC bontis due 2555. p. made tue at Louis til. Union Trust Gt. Co., Louis, Mo. .•* This June 7,. 1957, The filed covering registration a 300,000 shares statement its of 10c with the SEC stock. efforts'" basis par common stock is to be offered for public sale on a "best Worth & Co., Inc., tne offering price to be $1 per share selling commission 20c per share. In addition, Worth & Cq. ,1s entitled to purchase from the company, at one mill per warrant, three-year stock purchase warrants for up to 200,000 common shares, .by R. and at •every-three of Worth no cost. .of $1.50 shares-sold <te Co., Wbrth share, per and the public; to the rate and of two Robert Grocoff, President the'offering,"no; part of which is-returnable to the issuer, which of is payable out the of proceeds after commissions Cameron in engage organized was under law Delaware in November to acquisition, exploration and development of natural primary interest is the exploration for and, if war¬ development and mining of copper ores. For this pur¬ about /plore three -on miles 43 these properties southwest properties of and El the in Paso, others, State Texas. in sidiary for copper surface ing. Of due . on extent the possible. ore 9,691,257 10,291,257 " $0.43 program. the the explored 316,500 sold 293,000 of be may Of were shares issued ior shares three to to of bark sold. $12 in $11,750 cash. loans, Sontar, of The • ; to the prospectus, about $26,500 organization of Sontar, the acqui¬ by it, and the organization and acqui¬ sition of the mining concessions, including related legal, travelling and other incidental expenses. The prospectus lists Gerald A. Came¬ 1 of ron certain while of the balance director. a ,* have to 11 to Cameron and t as him by Robert treasurer^ shares 293.000 other services. in issued Brown, to other to his for efforts 87,000 president. becoming shares behalf on of search In May, contract ' lor < Claude President Lawson. York, law New » S. Chairman and of United Foundry Co., Birmingham, Ala., and 'Edwin F. Blair, elected directors late the Packard of to. 'fill Kenneth Blair Is Mr. firm J. Holly Corp.. vacancies Hanau, director a Hubbard, Hughes, of left both of Union Sugar by. Blair & late the died whom J. on in the have been Mathes M. 28. • ' .■ and Moha.sco ville RE., ' ' • Birmingham ■ Industries, Fire Casualty <Sr 1C5, and Co., 1991. p. r / Jefferson' Federal / -„V ■ . Natural Canadian The •» Securities and addition T original list, Canadian to believe, recently in Securities Act >''4 . of have of announced stock of 1. borrowing Period End. April 30— Railway oper. •Railway • is financing public by It 1958. into and 1957—Month'—1956 447,493 ry. oper. $794,869 $777,813 1957—4 Mos.-r-1956. • $3,510,244 $3,496,555 672,242 2,302.346 2,490,997 $330,320 $122,627 $1,207,898 250,410 37,174 771.270 > 645,899 . Net railway oper.. Inc 185, p. 2211. THE COMMERCIAL AND FINANCIAL CHRONICLE William Dana (Telephone post office Canada, NOTE: Seibert, STate at President. 2-0613); New l In Published Diapers' twice Gardens, (Reg. a in planned the [every E. York, N. Y., under the Act of March Other Countries, $67.00 per year. C., account of the fluctuation; in the rate of 3, of 1957—4 Mos.—1956 • $2,505,195 $2,778,734 1,846,928 1,910,833 $202,384 $160,029 railway oper. 185, inc.__ p. 2443. 71,082 $658,267 67,007 ' . $867,951 288,731 ,'■' — ! . 392,648 ' ■ ' $150,000,000— announcement an ma.de on June 11 by F. and have according Chairman of Eberstadt, of Ohio Ry.—Earnings— i,t ^ ,i •/$ ' / » ; * - 1 1957—4 Mos.—1956 1957—Month—1956 t \ ^ 1 t • Oper. revenue— 37,062,742 33.837,733 138,166,615 132,083,583 oper. expenses. 24,978,802 22,891,173 97,175,138 90,453,767 Net revenue from rail- operations— Way Net —V. to railway 185, p. 2662. 12,083,940 10,946,560 40,991,477 6,787,268 6,162,985 23,690,995 41,629,816 23,866,443 , „ Eastern Illinois RR.—Earnings— & Period End. April 30— Railway oper. Railway oper. - „ inc.— oper. > Chicago 1957—Month—1956 1957—4 Mos.—1956 revenue— $3,294,499 expenses. 2,459,124 2,414,167 10,025,171 9,430,706 Net rev. from ry. opers. $835,375 $694,246 $3,185,706 $2,867,740 393,530 323,166 1,393,802 1,373,336 Net division $3,108,413 $13,210,877 $12,298,446 Chicago & Illinois Midland Ry.—Earnings— Corp., L. Farmingdale, Net Net oper. rev. 185, Inc.— oper. Commission, it a further proposed proposed $2.50 at the public 1957—Month—1956 68,443,045 69,383,795 from ry. opers. $3,545,574 $2,736,821 $12,061,889 $9,873,065 1,390,212 772,699 3,842,351 l,726,f56 Net —V. , rev. railway oper. 185, p. 2330. inc Period End. April 30— 1957—Month—1956 Railway oper. revenue— oper. expenses. revenue from rail- Net on * The Regulation notification A of common in amount. that Cozona a price . $1 at per of terms for Las share., „ - . exemption from registration securities not' exceeding $303,000 and May, of Regulation in A have not by a of and year first foreign 588,375 $1,710,672 $10,097,814 $2,260,334 »471,480 1,477,361 *7,011,004 2212. ago five Dodge, trucks, months DeSoto, Chrysler and Imperial pas¬ U. S. only for the month of May, 1957, of 1957, compared with the month of and the first five months of 1956 was: End. May 31— *1957—Month—1956 "1957—5 Mos.—1956 Plymouth Dodge 67,299 37,681 316,857 215,015 30,139 18,886 143,249 90,824 10,244 7,326 65.735 49,171 Chrysler 11,342 9,244 Imperial 4,017 620 61,201 20,351 50,710 4,885 123,041 73,757 607,393 410,605 6,355 8,406 36,238 38,282 126,396 82,163 643,631 448,887 ' Total passenger cars Dodge trucks Total .*May, pp. 2443 1957, and figures, are preliminary and subject to change.—V. 185, 2555. Publishers 25 Park Place, New Yorlc 7, N. Y., REctor 2-9o70. Herbert D. Seibert Editor and Publisher, advertising issue) with a statistical issue on Monday!. Other offices: 135 S. La ^.aiie street,, cn a„ j, iinois Copyright. 1957 by William B. Dana Company. Reentered as second class matter February 25, iy*2 ac uie States, U, S. Possessions, Territories and Members of Pan-American Union, $60.00 per year, in uominion oi , > . , Smith, United 68.821,357 • $2,760,391 Plymouth, and Dodge the been Century, $71,081,691 61,731,262 DeSoto * . filed tars for Period ( conditions ? 1957—4 Mos.—1956 $71,829,076 16,724,078 ' ; Corp., " Inc.— 185, p. Dana Company, news & Awards Subscriptions remittance and to conditional a offerings senger The Commission's orders in each of the three cases cited the (general c/o equivalent Uranium complied with by the respective iss'lng companies. .In "the case of the Feb. 21," 1956; notification Thursday 1879. stock of at Deficit.—V. 15,863.154 Chrysler Corp.—Car and Truck Output Rises— shares 1956,.proposed the public offering of 300,000 providespublic 40,000 filed Oct. 4, 1956, $150,000 principal amount $18,623,545 $18,434,750 operations- railway oper. Production Century 3956, $20,932,408 $20,058,930 $80,504,934 $79,256,860 Chicago & North Western Ry.—Earnings— ■ , Y.— N. 1957—4 Mos.—1956 17,322,109 -Net * of 610,199 17,386,834 * notification, offering 594,520 expenses/ oper. way of offering 126,413 revenue— Net 21, Feb. $1,280,528 Railway in San share; A subordinated convertible debentures the principal amount thereof; of shares public the per Regulation filed $1,276,359 Railway oper. temporarily suspending Regulation A exempunder the Securities Act of 1933 with respect notification, 1,470,834 $274,821 $2,751,362 2212. p. Period End. ApHl 30— orders A 1,472,027 Chicago, Milwaukee, St. Paul & Pacific RR.—Earns.— signed announced was $2,748,386 384,383 $366,267 166,135 from ry. oper. railway —V. 1957—4 Mos.—1956 $659,204 375,,342 expenses the to program reactions to I., 1957—Month—1956 Railway oper. revenue—,t w $741,609 Railway four-year thermo-nuclear Inc. oper. 185, p. 2212. Period End. April 30— • Dynamics General the million $10 a controlled of of railway —V. . Foundation Research Energy Atomic Exchange Regulation a 6% Engla-d exchange, 1957—Month—1956 458,462 ■' ■ . laboratory of General Atomic new and $63.00 per year. On field Controls U. S. Patent Office)' William B. week London, / Railway early the in organization to be devoted uses of'nuclear energy. " sponsorship. of registration In'a assert ' —V. joint Regulation A "wfth respect 4o $1,005,558 , test Railway on Atomic Vegas. Nev., filed April 10, , Net, rev. from irom 3.- expenses . General has issued Century '90% Maine—Earnings— rcvetiue__ oper. 7, 2. ' » -• - and 2662. p. share generating unit, new peace-time ■, Controls Corporation .f of its common stock / • 185, $618,491 Chesapeake & to public offerings of securities by the following (the orders provid¬ ing an opportunity for hearing, upon request,-on the questtoh whether the respective suspensions should be vacated or made permanentl: the this 1933. ' laboratory Western Carolina Ry.^—Earnings— & Period End. April 30— ■ Southwestern non-profit a Texas Securities '.*• tlons being distributed in the registration requirements of the -the Canadian Pacific Lines in 2 the <: been or currently are violation research June In the April 24. 1956 announcement of the the Canadian Restricted List is .composed of the names companies whose securities^ the Commission has reason Usited -States . of of Board. ' • . * - June 6 on Restricted -List", construction 467,168 Co., $'2Ya million; SoiUnwesiern Gas & and year. the the Century previously indicated .of . Com mission V Ltd.—Restricted— Resources, Exchange 'Canadian ' - -.company. As its to Gas for The new record assets totaled $150,448,023, equal to $17.59 on 8,548,365 shares outstanding, and compared with net $133,970,711 equal to 816.01 per share on 8,362,879 shares outstanding on Dec. 31, 1956.—V. 185, p. 2330. * ' i Stock Offering Temporarily Suspended— ' ' * of the with for The /*•'.«, balance improvements to leaseholds).—V. $669,552 assets in Texas, it is further evidence of the determination of the investor owned electric utility companies to participate in the development .of peace-time uses of atomic energy.—V. 185, p. 1271. * . the lor Railway : Inc."./:' Mr. Lawson is also Chaiimari of United Concrete Pipe Corp.. and J Is a director of Birmingham Trust National Bank, Louisville «fc Nash¬ Savings & Loan Association.—V. prin¬ expenses. per ,-reactor Bag-Camp Paper Corp., Studebaker- Corp., and and the , and - needed revenue__ to Diego, t, Calif. The commitment of Texas Atomic Energy Research Foundation v will be apportioned among the 11 participating electric utility compa hies on the basis of revenues. {While this program does not-entail the construction of an atomic States'• Pipe April be will Light January, In 1957 of proceeding be carried out. at the ( partner Reed, is Foundation, advancement issued company -Canada Dry Ginger Ale, Inc.—New Directors— &c funds additional Total net assets of this fund have hit a new record high exceeded $150,000,000 for the first time in its 19-year history, . Corp. t such continued will require funds retained earnings; : , 84,000 were the that expected it is indicated, depreciation and by (The receivable. accounts and business, provided Chemical Fund, Inc.—Assets Exceed : % two additional generating units, with i a. combined- capability of 245,000 kilowatts, which it is anticipated ..will be placed in service in the early part qf 1958. Central Power & Light Co., Southwestern Gas & Electric Co. and '/ West Texas Utilities Co., the three subsidiaries of the corporation with i operations in Texas, have joined with the other major electric utility ^companies there in the formation of the Texas Atomic Energy Re- C. Grocoff is all but 36,070 including persons, additional An consideration inducement to his an and those oper. Net v this Construction persons, including officers, directors, and attorneys of who controlled an aggregate of $6,000 in cash, as well company legal-and -as the transferred been shares the Of president a? is inventories company's to $2.11 $2.22 1958. CONSTRUCTION ETC.—A pleted late in equipment York New the , remaining ploitatlon' concessions. According was spent in connection with the of statement with the SEC on Subordinated Debentures (Con- oper. —V. 9,691,25? . with a capability of 114,000 kilowatts, Is nearing completion at the Liebennan Power Station of Southwestern Gas <fc Electric Co. It is anticipated that this additional capacity will be In service prior to the summer peak demands. ■■•■'r. Work continues on the installation of a "topping" unit at the Tulsa Power Station of Public Service Co.- of Oklahoma, which will increase the capability, of that power plant by 40,500 kilowatts when com¬ L sition of . Period End. April 30— Gas & first mortgage bonds and retired in February, Public Service Co. of first mortgage bonds and from the 4!4'% short-term this months exchange for 99.9 % which holds the ex- in Brown stock it Railway Railway ' - million over ■' be found. issued, 23,500 may heretofore stock Allan outstanding that deposits ore Cameron issued were and any of investors. for increased of addition Charleston financing thus far in 1957 includes the sale of mortgage bonds. $10 million refund Another $10,000 will be set aside for additional dia¬ drilling, depending upon the successful outcome of the-initial /drilling. The company also may use a portion of the proceeds of this offering to acquire as yet unaseertainable additional properties . % registration a $12,500,000 substantial equipment mond which Exchange Commission— filed covering 9,572,749 million. construction drill¬ diamond a its Vought Aircraft, Inc;, Dallas, Tex.—Registers 1957, facilities proceeds retired $8,400,000 of bank loans. Bank borrowings have been arranged for the operating companies .in a total $24%' million which will be drawn down as needed for to pay off trie balance the acquisition of neces¬ for of that Regula¬ for increased inventories and for additions to facilities and equipment, which additions are expected to amount to about $20,000,000 (of which about one-half is expected to be spent for machinery and 20,413,092 first sold Co. million $6 Oklanoma largely dependent upon this financ¬ and another $20,000 10,685,020 22,807,507 Central Power & Oklahoma, $4 million company of issues Electric explo¬ contemplated The the proceeds, $9,000 is to be used certain concessions, about $24,000 for equipment and supplies, sary ing to occurrences and development program is 2,445,452 4,214,672 i.e., of Co. $4 Co., Subsidiary two jOf commercial grade and quantity, and if such exploration is suejjCessiul, to develop such properties. It also intends to mine the known itation companies, Service Electric Chihuahua, Mexico, intends to ex- search 5, and 29,985,841 10,291,257 $0.44 shares con), 33,492,527 4,511,602 outstanding— per Public Cameron found, if of asserts order cipally . the company has acquired virtually all of the issued and out¬ standing stock of Compania Minera Sontar, S. A., a Mexican corpora¬ tion, which is said to hold exploration concessions from the Mexicap pose. Government Commission's not_been complied with by reason of that company's lailthe' requited semi-annual reports reflecting the "amount sold, and the vise to which the proceeds were applied, ' corporation growth In corporation publicly sold 600,000 shares of its common stock through underwriters In March, 1957. T'nis issue was sold through competitive bidding to a nationwide underwriting group headed by Blyth & Co., Inc. and Harriman, Ripley & Co., Inc. wnlcn bid < $35.b0 per share and reoffered the stock at tne tnen existing market price of $36.75 per share. From the proceeds of this issue of $21,480,000, a bank loan of $7Va million was retired and $10Vi million has been invested in the common stocks of three of the sub¬ the the the Century for withdrawal of its second notification was by'the Commissioh. If no hearing is requested on the ques¬ finance FINANCING—The •resources.'. Its ranted, Cozona, 1957—12 MoS.—1956 .2,763,444 income—L_____. Earns, the 1956 sales Inc. The interest rate, public offering price and are to be supplied by amendment. ; ,"■•' portion of the net proceeds of the; sale of the deben¬ tures will he used to reduce presently outstanding bank loans. The recent growth of the company is said to have; required Increased amounts of working capital. At June 1, 1957, the company had shortterm bank loans of $25,000,000 which were Incurred primarily to (& Subs.)—Earnings Up 6,660,124 7,275,046 deductions-..- etc. Com.' shs. $10,000 from financial to1 disclose of of A '$ i."'', 1 /' . , «j ' ' 27,564,518 130,665,996 116,633,601 20,904,394 97,173,469 86,667,760 23,169,175 . oper." income Net ffirst 50,000 shares sold. 1 & taxes the as failure result Ripley & Co., underwriting terms > "> a- 30,444,221 revenues, the a Net rev. from ry. opers. Int., has obtained 25,000 additional common shares at Co. also is to receive up to $25,000 for its expenses & ^ 'T t ^ oper, exp. Net for warrants *}7 cJ/ i Gper. G. the exercisable rAj''.v -•-.Electric well as riman $5,007,000 for electric trans* 1957—3 Mos.—1956 Period End. Mar. 31— \ ^y.;. on above (3) particularly Century as -vertible), due July 1, 1977. The company proposes to offer these deben¬ tures for public eale through an underwriting group headed by Har¬ . estimated at $42,460,000, including $20,221,- South West Corp. Central & Industries, Inc. (N. ¥.)—Registers With SEC corporation and has A June • - Cameron (2) to- file, Th?S + 'was in ■,, of case Chance ktem >, - to the "company, more liabilities Incurred by With Securities and for electric distribution -sysadditions;, $7,221,000 for gas distribution system additions; and $764,000 for.general and miscellaneous expenditures Including addition^ ■. to heating properties...In addition to the proceeds from the sale of the Calvary Presbyterian Church, Hawthorne, Calif.—Par¬ bbhds and cash on hand; It is estimated that further financing in the tial Redemption-— ■"/•' approximate amount of $12,000,000 will be needed In 1958 to complete There have been called for redemption' on June 15, 1957, >,$6,000 !p "the; construction' program. Tl>e method of this additional financing of first mortgage serial bonds dated Dec. has not, as yet, been completed.—V. 185, p. 2322. 15, 1953 at 100%i Payment 185, within •the /"■'■-/ */* -.000 for additions,tOi generating facilities; ,.mission .lines and substations; $9,187,000 pipeline.—'V. Century withdrawal on ... Barnstable of Informa¬ sold directors, oflicers, and by and for the vacating or making permanent the suspension order, the request' will be considered denied, with" prejudice/ and suspension order will become permanent on the thirtieth day after its entry.—V. 185; p. 339. •■■-,..... . , ' . .. . f , are stockholders of shares tion % . *'• /-■'/ (over a period of, ten.years,, beginning,.Jan. 15r 1955 ,and ending Nov./ ;, - The company is. engaged in. the generation, distribution and sale of 15, 1963, with interest at 4'V*%^ per annum. 3uch- funds. •Mere .used * -electric /etve'rgjV in .166 "cities and towns; the purchase,-distribution and to> reimburse the company for the cost of. conversion of its cus-sale 6f natural gas in 22 cities and,towns; and the production and sale •tomersi; appliances to the use of high BTU gas; •• -""C,./ ''"v/ 'Vij,; V / of/central stitiou heating service in Peoria and Springfield, all in ''Pursuant sto authorization Illinois.•' v »*•;• by the - Massachusetts ; Department of > Public Utitities,-the /•..The company proposes 46 use the proceeds from the sale of bonds company has issued and sold to American $262,000 par value (10,480 shares) of common stock. Tne proceeds of $150,000 ;/ in part for the costs of its construction program. Construction expendit¬ ures Zf Or 1957. amd 1958 required issuer A request,of . statement the; bonds, at a purchase, price principal amouht.+ The'information, jsupjilied by later "amendment. ! referred the 3tl'e coinpanyVwill nu':>licly invite proposals for the purchase from of not less tiian 984/% of their as to the eventual price will he of •it filed company June ////, f-r;*<Dn Nov. 16, <1953,; and May 12, 1954, the company .borrowed from Berkshire /Life Insurance Co. the aggregate sum of $325,000 rep¬ resented This - principal securities* $14,988,068 V; Central Hlinols Light Co.—Registers With SEC— J; Barnstable the ■"•%/ '%/'./ V;. y of cost those .contingent 'denied of certain interests in Century (by security holdings or otherwise) officer, director and controlling person of Century. Further¬ according to the order, the notification and offering circular false and misleading, in respect, of certain-material facts, name¬ / 12,072,548 * $836,385" $786,826 '516,526 " railway oper. inc.l- ' —v." 185, p. "2662. ••••:' include to indirect tion Net Net fails each •condition issue n" and . 1957—4 Mos.—1956 $3,762,985 $14,676,119 notification respect to unregistered securities of the the filing by and for the account.of of more, are - as of a person who was an underwriter of Its securities; and that the company's offering circular fails to describe all the direct •and ly, '"r;r the with year (3) the at modern motel. a 1957—Month—1956 ' Railway aper.,.revenue—-i.. $3,655,197 Railway oper. expenses- >32,874,371 thereof amount that the "offered, account with offered be •promoters 1 notification stock common of each to tion applied to the payment of $100,000 notes,/ti&nk loans in the amount for share), the May on 306,000 Period End. April 30— . The Massachusetts - Corp., Henderson, Nev. Central of Georgia Ry.—Earnings— » amount of 5Vz&i series Olbonds due 1&G2, commitment' for the private sale of said a the of of covering <$1. per , originally in the amount of $750,000 amount Utilities principal company /tonus/ win of "Public $825,000 the and in participating preferred p. 1512. 185, 227,500 746,000 - *> 825,000 227,500 —— Issued wore bonds 1963—i—- * value)___/—%»: to 'SCommon stock .f$2& par rvalue).,. and 136,000 • &23,000 'itUnsecured tys% notes, due 1958 6% prior preferred stock (925par SEC $638,000 136.000 Into 1957;—V. Securities and Exchange Commission-— V Outstanding $638,000 . due C, Motel WThe'corporation % due-T971__ ' convertible were including June 13, Cardinal e* FINANCING ' . debentures and one /•First mortgage bonds: V; The to gas appliances. Wureham. Falmouth and state were May 1, it- distributes truck- delivery to towns, and in the Sagamore,-Brewster, Orleans and Eastham. The Salesrooms-and. offices are main¬ Hyannls. 1," TX- also'sells •company tained In addition, gas In cylinders customers of Gas Inc. in propane 3,800 3 that the company's notification failed jurisdictions /states) in which the securities required by the Regulation. With respect to Century's "second notification,'-filed Oct. 4, '1957, "the Commission's order asserts," among other things, (1) that ^he aggregate offering bri'ce of all securities required to be included In the * computation under Regulation A exceeds the $300,000 limitation of the regulation: The and (2799) Commissloh's-orde'r alleges to ' the towns of B&tiistable ', (which Includes Hyannls) Yarmouth, Dennis, Harwich and Chatham (the lower over ■the /-Canadian Petrofina Ltd.—Partial Redemption— Falmouth . ' subscriptions and advertisements must be made in'New Yorlc funds. 4 The Commercial and Financial Chronicle (2800) Co.—Registers With SEC— Cincinnati Gas & Electric filed a registration statement with the SEC covering 160,000 common shares, $8.50 par. The company pro¬ poses to offer 60.000 shares of this stock for subscription, at $19 per share, under the Employees* Stock Purchase Plan of the company. Of such 80.000 shares, 50,000 shares are to be offered to employees, other than officers, junior officers and certain other key employees oil the basis of 2 shares for each $100 or fraction thereof of annual pay of such employees on the date of the offer; 15,000 shares are to be Offered to officers and 15,000 shares to junior officers and such certain other key employees. The is It at company 7 2443.;;: •' ^; 5t 185,-p. principal amounts of the Merrill Fenner fit Beane— Salomon Bros. fit Hutzler 1,600,000 1,600,000 Putnam & Co., Francis I. du Pont fit Co. 1,400,000 . of Michigan Goodbody fit Co A. Co.- fit Becker & G. Inc. Co. 300,000 cipal 300,000 Julien Collins fit 250,000 Cullom & "%%%■ Davis ^ 700,000 — McDonnell fir, Co._.»_ Co. 500,000 — be to are ested Period End. April 3,0— Railway oper. $2,148,669 1,386,097 rev! Net Net $762,572 inc.716,374 $983,202 903,919 from ry. opers. railway —V. 165, oper., 1957—4 Mos.—1956 $8,109,143 $8,767,277 $2,138,515 1,155,313 5,302,199 $2,806,944 2,035,836 . 4,880,421 $3,886,856 3,507,592 2443. p., Exchange of Governors of the American Stock approved far listing 715,000 $1 • June 12 cn shares of this corporation. par common history can be traced to 1859 When it was founded to the wholesaling of paper and allied products in Cincinnati. was incorporated in the State of Ohio under the name of The Seinsheimer Paper Co. in 1889. In 1 10, the company began manufacturing dry cleaner's delivery bags and by the middle of 1920 the company was manufacturing a variety of paper products for dry cleaners including delivery and storage bags, hanger protectors, dress covers and reelated items. The company commenced production of paper window shades in 1930. The name was changed to Clopay Corp. in 1933 and the company's wholesaling business was transferred to the wholly-owned subsidiary, Seinsheimer Paper Corp. Clopay disposed of the wholesaling company stock in 1939. • %. ] * ' " in business This of bank to 100,000 V. .185, ' p. 2443. : the SEC $15,000 000. The funds to finance them the 21, June off-peak 1957, to are the advanced be purchase season.—V. request to 185, p. to subsidiaries five inventory of Allyn fit Co., Inc. 8ons__ 2662. Co. Commercial Credit Co.—Notes Offered —An under¬ fered class to A class and B stockholders common of the of V'-/ loans. v; ■ are in the business wholesale of fire, As it V/ ^ 3\a"/o amount was The remain¬ ing $250,300 principal amount was sold on May 29 by the underwriters, headed by Kidder, Peabody & Co. and White, WeldCo. at 106%., §ee also V, 185, p. 2330. 3l/a% Federal insurance below.—V. Co. 1957—Month—1956 $1,301,383 1,155,375 928,842 3,r'ii ",'o notes Net rev. from ry. opers. Net $4,990,836 4,087,335 3,765,575 $372,541 in made was due Oct. 1, 388,433 issue our Debentures Sold — of June the of 10 — Men¬ public offering of $20,000,000 5 Vz % debentures, series H, due June 1, 1982 at 101.363% and accrued interest through Merrill Lynch, Pierce, Fenner & Beane and White, Weld & Co. and associates. This offering was oversubscribed and the books closed. Further details follow: will be added to net the proceeds from the sale of the debentures new funds of the corporation and, together t..e beginning ox 195 /, cas.. to be generated 1957, the net nroc°eds from the recent sale of common stock (amounting to approximately $25,914,000), and funds to be obtained from additional debt financing in 1957, will be used to satisfy ceitain demands in. 1957 upon such general funds, as with funds, available from operations subordinated unsecured described belpw. v The most: important construction program corporation's ; , demands is the financing of of such of the struction'program for 1957 • . subsidiaries. the 1957 This con¬ is presently estimated to require expendi¬ tures of approximately $84,000,000, exclusive of approximately $3,000,000. .estimated for the portion of the hydrocarbon extraction plant described In below to be ■'Includes ($10 shares the Inters I.-, te Cai irom gas advance, obtained the 1957. corporation ' u. southwest together in with by Gulf to enlarge- \ u-af for to proposes w advance c co.n $6,000,000 to trans,. orts corporation, This to or be Interstate from other sources, will permit said of its transmission system and quantities of gas which the system has under contract in southern Louisiana. The advance will bear interest and will be repayable during 1960, 1961 and 1962, company thereby In will deliver addition, permit the the corporation economic more components contained in ^ a f i has under study various utilization of the heavier certain -ns hydrocaibons, capacity additional of the system's hydrocarbon Appalachian natural mixed y and the possible joint i'** plant and which co^ten?plate various phases of petrochemical plant to extract a mixed stream of liquid fractional {nto «s basic hydrocarbon components, fractionation plans convert the WO Id own f'-in hydrocarbons into various petro- Srnwt i?r°nVCu8' estimated that in connection with these thai lis noo onn6 'rv* "tihfy th ccrporatlon to Provide not more rAnftri^SsS?*u is, am<nmt> approximately half would be required in 1957 and the balance * would BANK at^an at an so LOANS—The interest Interest corporation has be required made in 1958 arrangements riS* of 4% per WlU borrow durlng w? U annum, to finance rate with Goldman, cost of eas borrowd^niored for current inventory purposes and the amount * eady m 1958 as *as is withdrawn from sterage and sold Co._ fit by order to complete the the Eastman Dillon, financing of the requirements mateH^sS^OoTooo? °f 3UCh debentures PURCHASERS-^-The- names -of tlie later in 1957 In described above. to be 60ld * Presently esti- purchasers and the respective Central under r mail¬ day , ^ . ^ William T. Brady, President. Estabrook .,5, . " .v U- reports for the six months ended March 31, 1957 $16,892,701 compared with $17,480,107 for the correspond¬ period of the preceding fiscal year. .Net income, after taxes, $414,804, equal to 76 cents per share on the 512,390 shares of stock outstanding. This compares with net income of - or 98 cents per share on the same number of shares outstanding for the six months ended March 31, 1956.—V. 185, p. 1040. $529,849. Employees' Cowles Chemical Co., Cleveland, Ohio—Profits Up— $790,000 670,000 670,000 R. Huntley, President, F. four last cents 47 of months period 1957 against share per cents 38 May 29 stated that sales for the first and profits 23% ahead of the same on 15 % are Earnings year. last year through April 30 this year are based on the 186,400 shares presently outstanding.—V. 185, p. 1883. Co, F. fit Co.— 670,000 670,000 480,000 : 1,600,000 Co 1,600,000 Beane_____ 1,600,000 American Securities Corp. Blair & Co. Inc.— 1,600,000 R. S. Dickson fit Co., Inc. 480,000 Dominick fit Dominick—, Equitable Securities Corp. Laurence M. Marks & Co. 480,000 480,000 480,000 23 filed a letter of notification with the The company on May SEC covering $63,000 of 20-year 5 xh % first mortgage sinking fund bonds, series "B," dated June 1, 1957, to be offered in denominations of $1,000 each. Wm. F. Harper fit Co., Seattle, Wash., is the underwriter. 480.000 Salomon Bros, fit Hutzler Cowiche, Wash.—Files With Commission— Cowiche Telephone Co., Securities and Exchange 670,000 Moseley of corporation sales of net ing Hallgarten fit Co.— S, ^j , formerly Public Information Director of the Grocery was America, Jnc. Previous to that he was ^Manager of the Research and Editorial Seetion of General Foods' Public Relations cotm&on —670,000 Co 670,000 fit Harris Mr. have Republic Co.—Public Relations Dir.— Director ' below (Inc.) 1,600,000 which . Cornell-Dubilier Electric Corp.—Earnings Lower— Stein Bros, fit Boyce___ Tucker, Anthony & R. L. Day Dean Witter fit Co Hnrriman Ripley St Co., Inc. Lazard Freres & Merrill Lynch, Fenner fit 1,600,000 Robert Garrett & Sons— Bear, Stearns <te Co A. Becker fit G. Drexel fit 900,000 Scho»llkopf, 900,000 fit Co 900,000 Baker, Jackson . —900,000 Webber, . 'fit. Curtis Brown fit Sons—_ . , ' & & Nolan, Cozona Uranium Corp., Las Vegas, Nev.—Stock See Century Co 410,000 410,000 790,000 Pacific Northwest Co 410,000 W. 790,000 790,000 Putnam This Reinholdt Gardner— 410,000 Stroud fit Company, Inc. Swiss American Corp.— 410,000 F. Rothschild St Co— 790,000 790,000 Shields fit Company—__ 790,000 Watling, John L. —V. — 410,000 Co.- Lerchen 185, p. 2555. fit 410,000 Co. - 410,000 . * Consolidated Natural >U' Gas Co.—Debentures Offered— White, Weld & Co. and Paine, Webber, Jackson & Curtis and associates offered on June 12, $25,000,000 of 4%% debentures, due June 1, 1982, at 101.085%, plus accrued interest, to yield 4.80%. The group won award of the issue June 11 Two other follows: on bids a for bid of 100.1599%. and T the debentures with 5% coupons received were Halsey, Stuart fit Co, Inc., ranging Ilrst Boston *e from 105.96% 100.96% from PROCEEDS—Net used to finance estimated to be secured company. ■ cost from .t ' ■ to to par, - — part the $74,000,000. additional i the sinking sale fund redemption company's >: and the of 1957 The balance of financing debentures construction the from >. Iselin-Jefferson The < new stainless Ga.—V. 185, ... Unit Leases Space and Will ; Inc., Co., >v, subsidiary, a one • the of country's selling agents, has leased two full floors comprising 55,000 square feet of space at 111 West 40th Street, New York City. Announcement of the long-term lease, negotiated by the Durand Taylor Co. as renting agent for the new 34-story air-conditioned office building, was made by Floyd W. Jefferson, Cb-Chairmah 'of Iselin-Jefferson, and Edmund F. Wagner, President of the General largest textile Realty fit at northwest the Charles Utilities Corp., builder of corner of Avenue of the new the textile Americas building 40th and rising Street. Korn represented General Realty as attorney. John M. P. Thatcher was attorney for Iselin-Jefferson. Iselin-Jefferson is now located at 9o Worth Street, 325 Broadway, amount an suf.icient to exhaust thes um of $250,109 at prices not to which it has owned and occupied since 1929. It will con¬ operations on the sixth and seventh floors at 11 West 40th Street, Mr. Jefferson said. The Synthetic Division and the Mission Valley Division, now housed at 1430 Broadway, New York City, will also move into the new buildings prices quarters the —• funds general will be program, required will funds of the «' BUSINESS—Company is engaged through five operating companies in at West 11 Jarvis Co., new The year. from „• * Consolidate Operations— par. proceeds In * while 39. 111. solidate its 101.03, and Morgan Stanley fit Corp. rlnt'v 100.23. A sinking fund will retire $20,000,000 of the debentures prior to maturity. The debentures are redeemable at optional redemption prices Co. > Dan River Mills, Inc. 410,000 - __ fit and and 2097. 2445 pp. office 4 officially opened Crucible's warehouse building at Atlanta, June on company its expanded specialty steel warehouse West Cortland St., Chicago at 4501 14 sales steel 410,000 Lee June Fleming- W. B. Hibbs & Co., Inc. Newhard, Cook & Co. St 183, p. 1966. America—Opens Warehouses— This company formally opened on 480,000 790,000 Langley & Co Higginson Corp C. Legg & Co Controls Corp. above.—V. Crucible Steel Co. of \ 480,000 Clark, Dodge St Co Hayden, Stone & Co C. Offer¬ ing Temporarily Suspended by SEC— 480,000 ' ; Clement A. Evans fit Co., Inc. Folger, 790,000 Hutton Weeks of 480,000 Pomeroy, Inc. G. H. Walker fit Co.—_ Loeb, Rhodes & proceeds are to be used for expenses incidental to the increasing telephone service.—V. 181, p. 2927. The 480,000 Co.- 900,000 Alex. Co Weeks— fit Co. Paine, fit W. Co,———900,000 Hutton M, Miller Mead, R. Noyes fit Hemphill, E. 1,400,000 900,000 900,000 670,000 Pressprich & Co. Reynolds & Co.— Hornblower Carl Inc. Co. 670,000 — Pierce, Smith, Barney fit Co.— 1,600,000 contemplated that ad- corporation issuance named —_ —1,900,000 1,600,000 Union Blyth fir. Co., Inc on of April 30 totalled $90,- as 185, p. 1384. by The v 5,040,105 1/10 Spencer Trask fit Co Co.- 2,875,000 ties Corp. books company Department.—V. 185, p. 2097. • A, C. Allyn & Co., Inc.. Baker, Watts & Co 2,875,000 the on of was • % Stanley Morgan range HiSTi *™ANCINa will be sold PANNED—Tt Is presently deben*ures ' * 25,000,000 ' 500,000 shs. ' % None underwriters fit 1957, appointment of Howard F. Harris to the newly created position of Public Relations of this company has been announced The ; Manufacturers 25,000,000 ■! Option Plan. Sachs 28, begin.—V. 185, p. 716. . 25,000,000 10,000,000 25,000,000 ' 20,000,000 s 25,000;000 Stone fit Webster Securi- as the • for reserved stock, 103,314 shares. June Corn Products Refining ' 75,000,000 25,000,000 10,000,000 *6,000,000shs/' The First Boston Corp—11,715,000 mm- i957 $45,000,000, -1 note— Kidder, Peabody fit Co.-$11,715,000 •stream owner- ' agreed, severally and not jointly, to purchase from the company the following respective principal amounts of the notes: an., subsidiary of the approximately $30,000,000 obtained a - ; value) par 172,105 Restricted Stock W. addition, Gulf built • Sept. 15, 1969—— Cumulative pfd stock. ($100 par value) White/Weld fit Co._ . • 75,-000,000 — — due stock Unfilled orders • 50,000,000 75,000,000 75,000,000 25,000,000 1, 1966— ha*' 20,000,000 notes due March 1, 197725,000,000' 3*8% capital the of 1957, will receive one thereby increasing outstand¬ 21, had net earnings of $2,007,067 in the six months 1957, C. J. Reese, President, reported: on June C. corresponding half of the 1956 fiscal year were ending April 30, Earnings In the $705,699. " ■. 15,000,000 30;000,000 75,000,000 1977— notes— held, to dated be 284,000, Mr. Reese said.—V. : 30,000,000 notes due Nov. Junior general at. during V 30,000,000 1, 1976—— June, V 40,000,000 50,000,000 30,000,000 15,000,000 75,000,000 Securities fit Co.— PROCEEDS—The -4 3% notes due Sept. 1, 1957—-. 3 '2% note due June 15, 19583.95% notes due June 1, 1964 $1,225,261 402,211 v 1974 UNDERWRITERS—The Columbia Gas System, Inc. tion $1,159,151 121,081 $131,608 23,937 railway oper. inc.— 185, p. 2444, Nov. duo $40,000,000 1965 15, 1968 1, 1969— notes due Feb. Common —V. Jan. notes 3Ti% 4,1>% $5,246,486 . due notes due * 1957—4 Mos.—1956 $1,286,983 notes ; 1963— 1. 51,657 will June split 2-for-l share each from corporation The Outstanding • ' 1961- 15, 1, June 4'/-i% Colorado fit Southern Ry.—Earnings— Period End. April 30— Railway opeTV revenue— Railway oper.. .expenses- June Jan. due for share a on 13. record $718,586,000 v 3:,»% i f' p.'2329. 161, due due notes 3.35% 5% See notes notes 3% of to stockholders will ing FINANCING — Subordinated unsecured of America—Offer— Co. PRESENT Unsecured short-term notes (due within May 14 at par, $7,666,700 principal subscribed for up to and including May 28. j TO Authorized Unsecured notes-^-;'. June on certificates New approved have announced shareholders Continental Motors Corp.—Reports Higher Profit— EFFECT — on capitalization ing 31, year) 100,000 —— —— 10,000 directors was The additional 1956, the company held gross receivables totaling During the year, total gross receivables acquired amounted to $3,387,088,000, compared to $3,677,242,000 in 1955,; < one Inc. r % Continental Electric Equipment Co.—Stock Split— The $1;296,832,000. GIVING 100,000 100,000 Arthur L. Wright &Co., ' , theft and accident insurance. Dec. of 100,000 Ind., are the underwriters. The proceeds are -to be used payment of bank loans made on Mar. 1, 1957.—V. 184, p. 621. for part financing, accounts receivable-financing, and factoring; The business includes credit insurance, creditor life insurance, insurance and company covering three the Renshaw— fit Indianapolis, and Its subsidiaries are engaged in financing, manufacturing. The finance companies collectively largest enterprises in the United States engaged instalment financing, personal instalment loans, also and of one Joyce fit Co.— stock%;ino par—stated BUSINESS—Company insurance ; / B. May 24 filed a letter of notification with the shares of 6% cumulative convertible preferred value $25) to be offered at $25 per share. The Milwaukee Co., Milwaukee, Wis. and Indianapolis Bond fit Share Corp., ^ '• '''/-P company. , 700,000 —— 2662. 100,000 100,000 100,000 100,OOd Consolidated Water Co., Chicago, 111.—Files With SEC The PROCEEDS—Net proceeds will be added to the company's working capital and may be used for the purchase of receivables in the course of regular financing operations, or may be used to reduce short-term record Colonial Life Insurance p. 100,000 ' The notes may not be redeemed before June 1, 1967. On and after that date, the company may redeem the notes at redemption prices ranging from 103.25% in the eleventh year to 100% in the last three years. The notes will constitute part of the superior indebtedness CAPITALIZATION 5% Co. SEC Co.—Subscriptions—Of Radio fit 100.000 Rodman 700,000 Co fit —i<v Rowles, Winston fit Co. " Smith, Moore fit Co ■Strader fit Co., Inc :' ; ' . 100,000 —_■*<• John 700,000 185, Riter —V. «Sc — Reynolds writing group headed jointly by The First Boston Corp. and Kidder, Peabody & Co. made a public offering on June 12 of $75,000,000 5% notes due 1977. The notes were priced at 100%. ?This offering was oversubscribed Marks 300,000 Boyce__ Blewer, Glynn fit Co.—, Crowell, Weedon fit Co. ; H. L. Emerson & Co., 700,000 Co.——— M. 300,000 v. 300,000 fit Bioren fit Co 700,000 Laurence —— Bros, Co. 700,000 & fit 400,000 Inc. Dick & Merle-Smith— Brown Inc. Co., 900,000 Pressprich & Co. Estabrook - - —i—-J.- Bingham, Sheldon fit 1,200,000 1,200,000 1,200,000 900,000 900,000 Rothschild & Co. C. Alex. to storage for gas F. W. Denton, William R. Staats fit Co. 1,400,000 — Coffin fit Burr, Inc R. fit — Stein A. hearing a ' 1,400,000 L. for authorization to make Commission has given inter¬ . the $7,917,000 convertible subordinated debentures due 1977, of¬ Collins 1,400,000 1,400,000 Hlgglnsoa Corp.— Lee > 600,ood Co. Bros, Inc. St Hutz¬ ler prin¬ $700,000 First of Michigan Carp. .», 400.00() E. F.: Hutton & CO— ; 400,000 Clement A. Evans & Co., & Co. Peabody Ohio Burns ;* — have.1 severally below the Spencer Trask fit Co. 1,400,000 — Salomon Bros. ' Clopay'manufactures vinyl plastic draperies, window shades, packag¬ ing films,, folding doors and specialized products, for industrial use.— - — Kidder, 100,000 . Irving Lundborg fit Co— and the borrowings; until persons The company's engage West and the books closed. ClopayCorp,, Cincinnati, O.—Listing Approved—, The Board r Whiteside, Winslow Inc fit :' . . * 1957—Month—-1956 , revenue— Corp. Inc. Mas- Altoona, Parkers- . 1,500,000 Inc.—— Securities Harriman Ripley & 200,000 thereon. Columbia proposes to make borrowings from 18 banks on or before July 16, Aug. 15, and Sept. 16, 1957, in the respective amounts of " Railway oper, expenses- applied has company $45,000,000 during Clinchfield RR.—Earnings— ' fit Warren, Virginia. named The CO., & Equitable Proposed Bank Borrowings of $45,000,000— enable 5 4 Blyth Canton, following respective debentures; 1982 $1,500,000 fit: Curtis Co.— fit Weld fit Co Beax, Stearns fit Co I'ae filed a letter of notification with the five-year deferred bonds to be offered each; 100 series D at $1,000 each and underwriting is involved. The proceeds used for the expansion of business. Masten E. Chace, Granbery, Maraclie fit Files corporation on May 24 SEC covering $200,000 of 6% as follows: 50 series D at $500 15 series D at $5,000 each; No r 200.000 A. 700,000 of West company Paine, Webber, Jackson " 200,000 Fauset, Steele fit Co Hallowell, Sulzberger amounts in purchasers the the June 1, from purchase to White, 200,000 700,000 Youngstown, Fairmont and Morgantown agreed ~ Akron, and Marietta in Ohio; Pittsburgh (a portion), Monessen in Pennsylvania; and Clarksburg, and UNDERWRITERS—The 400,000 400,000 Co Cleveland, are: Niles burg, 400,000 Corp. Elkins, Morris, Stokes fit Co.——— Co, > 400,000 900.000 Shelby 1 systtm engaged in ail puases of tae natural gas business— . Johnstown Parrish fit Co.——--—— Laurence M. Marks fit fit at sillon, Emanuel, Deetjen fit Co. 1,200,000 900,000 - retail 500.000 4 Monday, June 17, 1957 . purchasing,, gathering,,, tjransmissiqn^. storage, and .dis¬ tribution, together with by-product operations. Principal cities served 400,000 Company- First Ladenburg, Thalmann fit Co. fit . The subsidiaries constitute an interconnected business. gas production, $500,000 Co., Inc. William Blair fit Co - The & Co._T^ Robinson-Humphrey Cooley Commission has temporarily authorized this company -to construct and operate natural gas facilities in Oklahoma and Kansas at an estimated cost of $2,104,000.—V. 185, p. 1513. Citizens Acceptance Corp., Georgetown, Del. — With Securities and Exchange Commission— Hutton 1,600,000 Power Federal The 1,675,000 Co Co^IaIncrease JPacilities-^ ^rvlceGas Cities : F. The $1,675,000 — Shields the natural are natural gas E. White, Weld fit Co Burnham ' debentures to be purchased by each new below: Lynch, Pierce, Equitable Securities Corp. H.*^' ;; forth set will be. offered Purchase Plan. that the additional 80,000 shares dates, under the Employees' Stock anticipated later date, or a —V. June on . Cromwell, building. General .a.<.s u 40th Street, and the Iselin-Jefferson Financial President, will shift its factoring operations to Realty building is scheduled for completion early next *ueady been closed with the Pepperell Manufacturing Vc Co., Indian Head Mills, Greenwood Mills, Inc., Kendall Mills, Woodward, Baldwin to & Co., Inc., and the Union Dime Savings Bank, in addition Iselin-Jefferson, building for the .textile industry, will contain a half-million squr.re feet of net. rentable space. The George A. Fpller Co, is general contractor.—V. 185, p. 2445. The structure, largest new, Volume Number 5647 185 . . The Commercial and Financial Chronicle . (2801) Datamatie Expansion scale Walter W. 15,000 The . feet 130,000 the feet. Michigan has here the to enlarge major brings company, its jointly orders Hospital Service, the by for First electronic Detroit, 184, will Six Months Ended April 30— sales: :• • Farm and industrial Chemical products Military to its sale and Raytheon, * V *' -' *;•fi ; The 195,8i>2,976 139,620,636 3,542.517 2,468,365 2,038,682 1 and to that all Total net income Net income per dollar 15,121,304 guards of -Id sales 7.5c : V. 15,203.962 5.7c per share— common After dividends on , . $2.10 . preferred stock.—V. Net oper. revenue oper. The '/• ; » the $3,241,786 4.216,743 to make reports basis a as make full offer an here only j-, for of stock the involved, disclosure of of the restitution. Including a failure to comply but also materially $27,286,067 $25,080,297 17,217,481 16,164,193 $2,025,038 $10,068,583 1,086,450 $8,916,104 5,231,986 •' 1957—Month—1956 $1,747,923 $7,858,807 1,348,967 1,247,945 5,517,217 the the fact that from ry. opers. $551,916 $499,97& $2,341,590 $2,435,803 303,213 256,719 1,220,059 from ry. opers. rev. In 185, 2213. p. the with false Period End. April 30— $156,680 *76,124 Detroit & Toledo Shore Line RR.—EarningsPeriodEnd. April 30— oper. Railway Net Net oper. expenses- $298,100 227,005 from ry. opers. $71,095 $100,474 ' the *39,113 *34,625 *607,127 $618,059 $670,094 413,953 389,832 from ry. oper. rev. $204,106 185, inc.—, ; " 36,748 • $3,010,003 $2,438,900 1398,526: 1,309,245 1,664,279 72,553 p. 22131 Black that superior receivers, Dr. television June on Leaf Guide—- 12 receivers line A new, specially designed Lawn Garden Maintenance Guide, which in simple, graphic terms how to control virtually all common gardening problems involving insects, plant diseases and weeds, has just been Issued by Diamond Black Leaf Co., Cleveland, Ohio, a sub¬ sale policy- of the the finest quality, of together at and by ; • is is hardware retailers. Diamond Black garden clubs, nursery dealers and distributors Leaf Co.—V. 185, 2556. p. not the with coming black-and-white chassis will season' television ancl'the use of styling," Dr. Du authentic be tff 239,482 wood: Mont ' '• both stated. . short new cathode-ray tubes, the console class share A only as a are to : , be used ' , for V * machinery, A GIVING EFFECT stock, non-voting (par,10 cents) stock, (par 1.0 cents)' -id Class TO 3957. company Commission Co. shares of registration a of of covering (par $4) America Federal Federal 21 each called of Colonial. special the of 100,000' scares Of The stock (par $10) on share a authorized - , the with exchange proposed a for capital for has to statement- meeting The of its increase *' in necessary ' On . . about or Federal. The by holders of 80% Boston business Federal the of of writing licensed is United Hawaii and Puerto that Rico. If Colonial the but States Puerto the fire, and and Rico exchange would direction also insurance the marine, casualty business transacts in the- District and does of business and in all Columbia, in Canada, continue of its offer to • is made operate board own as effective, It separate a is com¬ of;-directory- and; with ' / its further development over a i>eriod of time of its through Federal's established-• branch* offices business connections its United with leading agents and brokers thxbughout the through , this -means could be accom¬ States. a .Development plished quickly more Colonial's that ;and incurring > the expanding its' in volved would avoid in part . the necessity:. of; expenses-thatwould normally, be in¬ large business.- agency to accelerate or Should it desirable- become by other means, .more capital is in - cabinets in .the states under and the" feci in life He term a of three 1, extreme in use "We the over have /done past to 20 and years toward ultimate solution of the have both transmitting development work this March the on Colonial's rate of'expansion-by entering additional states might be. required. Federal presently yositlon to supply additional capital to Colonial.—V. 179, p. 1479. a are color black-and-white of; the illuminated made and at this number a work of equipment. We are present time with a view • problem."—V. Eaton & Howard Stock Fund—Assets As of— Size of 185, Offering —V. price 185, 1957. Fund____— construct Field, The to designs company electronic data and constructs processing devices systems, such Ei Paso The $86,738,641 A are peri¬ $23.46 $22.12 gas not April the assets 30, 1957 this of stood report for the figures Oct.-31-, on at six mutual months 1956 fund, managed $214,005,610, ended or $2.71 April $204,637,055 were by 30, and 1957. it an amendment on covering an additional capital stock, 25a par value.—V. 185, p. 2097. to Securities issuance exemption to respect In Co.; 1956, tain the was In Dix proposing stock at 5c and failed filed the per June on 7 pursuant of to the and offering statements required of notification 6,000.000 the by notification file offering Regulation A. temporarily suspended misleading to public A order this with a El report of its offering Weber decision, circular the "were Investment Co. broker-dealer Commission as materially ruled false the underwriter registration with the that and of Dix's stock Commission its 25, the on to con¬ the in purporting to act in-behalf of Weber; withdrawn in the latter*s that Rains had no authority to ?nter into any such company's behalf. Observing that "active parti¬ underwriter in connection with any stock issue is a matter of prime importance to prospective investors," the Com.mi.ssjon ; concluded that -the naming of Weber as underwriter was cipation '6f ajt • materially "false and misleading.. the offering circular was Furthermore, materially the misleading Commission In omitting 8 on feet of would The gas day per to include and field 216 miles facilities would con¬ be used stated, to cubic feet per day to Pacific Gas «Sc 35,000,000 cubic feet per day to exist¬ estimated cost and of these facilities is El plants located and Co. their which gas El by of horsepower has have the contracted the facilities to to also miles various cost an yearly to deliver option to Transistor Corp. state oper. expenses- < Net Net SEC covering public 60.000 offering amendment. on W. 13 June shares of company, primarily of - to in Southern new for the below.—V. filed its design, and scientific, any one year , before 5% preferred- shares class after amounts $1,062,062 $4,048,210 $4,256,187 441,544 1,561,568 1,914,876 * Power shares Corp. of — common common Fluorspar Corp. of America, Portland, Ore.—Files— The SEC at corporation covering $8.50 used May 28 filed a letter of notification with the shares of common stock (par $1) to be offered on 30,000 share, without underwriting. The proceeds expenses incident to mining operations.—V. 183, per for 181, p. Fort The to are be 886. p. of a no registration par value common the Fort Worth 185, Detroit Bank Denver & Period End. April 30— Railway Railway with & stock. the uses. Trust Co., Detroit, Mich. Ry.—Earnings- 1957—Month—1956 $1,547,909 revenue oper. expenses 1,483,952 $63,957 *16,598 oper. railway inc.— oper. •Deficit.—V. 185, p. $1,575,377 '1,374,789 1957—4 Mos.—1956 $6,791,987 - $6,764,188 5,904,6185,508,947 $200,588 $887,369 $1,255,241 65,483 133,760 441,928 2445. the The supplied as Fox Head Brewing Co., by The prin¬ 1954, development, manufacture and used in data processing is sale and The net Board Governors of Waukesha, Wis.—Listing— the American Stock Exchange on June approved for original listing 749,708 shares of common stock (par of this corporation, which was incorporated in 1899, and has a brewery in "Fox New Head Jersey, last financing further development of the company's business, p. 1515. of $1.25) through Including the carrying of increased inventories.—V. 185, at Net rev. from ry. oper. statement military made be of 2692. systems industrial and has called for redemption on July 1, next, $168,200 mortgage 4% bonds due Jan. 1, 1958 at 100%-. Payment first its will Shelby Hotel Co.—Partial Redemption— company proceeds from thd issde will be used to" repay short-term secured notes for in out¬ book1' value, but Stock Subscriptions — Of the stock recently offered for stockholders of record May. 14 at $51 per share, 250,185 shares were subscribed for up to and including June 3. The remaining 5,628 shares were taken up by the underwriters, headed by Kidder, Peabody & Co. and Merrill Lynch, Pierce,* Fenner & Beane and sold on June 4 at $58 per share. See also V. 185, p. 2331. payable to banks and the balance will be available for working capital to be used on $921,927 340,240 inc.— subscription by 6 equipment equal Ry.—Earnings— 2445 and 2556. pp. Florida California docket.—V. organized under the laws of Massachusetts In control of In dividends for quantities price and underwriting terms are to be C. Langley & Co., of New York, is listed engaged in components, automatic 185, 255,813 to up cipal underwriter. The are t Ex¬ : ' . 1957—Month—1956 1957—4 Mos.—1956 $3,818,690 $3,900,932 $15,993,795-$15,177,177 2,896,763 2,838,870 '11,945,585 10,920,990 from ry. opers. rev. railway oper. Net corporation for $2 Coast Railway Epsco, Inc., Boston, Mass.—Registered With SEC— The East revenue-, Southern purchase, maximum sell sought and customer, generated electric power Southern California Gas ' General shares *$1.21 shares oper. of Elsin Electronics Corp., Brooklyn, N. Y.—Control See common i,> 1957. shares beginning May 1, 1957. There were 230,000 outstanding on April 30, 1957- (and 1956, year Period End. April 30— proposes of estimated sell new a steani Angeles. Co. of used be day its Los Gas 8'/3% 15, stations; in existing stations; dehydration capacity; The common $55,502,000. at around to Paso . to the application; Paso 266 line main existing in El about equipment. per use 30-inch stated additional would gas for Counties up means 2670. of and In use, facilities Co. not facilities. of per feet Southern Joint Edison p. the cubic In compressor day appurtenant Edison of 126 including and Is approximately said Paso 8,920 miles horsepower the capacity facilities feet hearing. 8 construct communications cubic facilities the July to on of horsepower, located facilities new based Jan. , The annual dividend $61,020.—V. 185, p. 2556. —V. California, horsepower, compressor station, field metering California presi¬ that agreement, on but July commence 27,850 compressor The per Railway and 1955; and, in fact. It had ceased active business operations July 1955, prior to the filing of the notification by Dix. An under¬ writing agreement had been entered into between Dix and one Ruth testified and these naming in Rains, project Mexico. additional proposes pipeline; 165.000,000 hearing a November dent cubic and and Arizona. additional metering diameter offering. Weber's was line New application for construct sales. notification misleading" its of stock subsequently sought withdrawal of its notification, and ordered by th§ Commission. will in Arizona 75.000.000 an compressor 100.000,000 the that and of and in now 20.000 new to with June appeared fact and new Paso pipe; A exemption of exemption circular material semi-annual shares Co.; customers " with conditional By to company approximately $107,100,000. A hearing previously scheduled' for June 10 on this application has been canceled and the matter consolidated announced Regulation a miles Texas additional an ing a suspending Regulation a share provided Commission that', the false issuer Dix 1955, registration ground Commission permanently of 533 Electric shares from, registration under the Securities Act of 1933 public, offering of securities by this corporation. Commission from Exchange decision a hearing and on may be paid on class B common shares. Class B common became convertible into common shares at the rate of 14,000 common approximately $1,039,414. 285,000,000 existing customers Arizona, 11, 1957 5,000,000 a August, common and of additional an is shares eligible are distribution Townsend-Edison company, to construct and operate natural to cost approximately $160,000,000, to enable Paso's and The this estimated shares B stock adjustment). Two Applications— on class 263,805;,:) •252,114 :• ZjtzJL*—$1.62 qc share.—— two-for-one and Florida facilities new Commission by this the in outstanding.-..—;——2_-—— dividend B supply an additional daily volume of 75,000.000 cubic feet of gas jointly to Southern California Gas Co.' and Southern Counties Gas Bullock, ; Dix Uranium Corp., Provo, Utah—Stock Offering Per¬ manently Suspended by SEC— the of the Power deliver and sisting according June cost facilities gas authorized Mex. previously proposed main pipeline, 58,900 compressor Registers With Securities and Exchange Commission— This corporation filed with the SEC its registration statement estimated applications El Corresponding respectively.. $2.63, natural N. has to Calvin share, per Commission operate County, facilities, new Dividend Shares, Inc.—Assets at $214 Million— Total a. shares Power and Lea Federal two tape in on Adjusted for common 1956 11,025,540 vH 487,439"*: .-:365,074 shares Common Up 34%— 14,417,809- 1 fSrofit per common $74,725,188 , Hearings Start July 8 high speed punch tape converters, punch card to data transmission links, magnetic tape to magnetic tape conversion devices, electronic controls for High speed line printers and binary-decimal converter units. Digitronics also furnishes maintenance services for electronic computers.—V. 165, p. 2331. 1 Common Dec. 31, '56 Natural Gas Co.—To Add Facilities— Federal The magnetic which as v —$15,724,071 $12,360,378 shipments Net. profit shares going to ■ . 1057- 30— — cluding class B common standing at April 30. Higher— share per Ended April Not " 1992. p. Year Orders . 2331. p. May 31, '57 the principal business of Digitronics consists of designing and producing electronic components and systems, designing, building, testing and de-bugging special purpose electronic equipment and furnishing the services of its engineers in connection with the fore¬ pheral 135, p. 1992. Fischer & Porter Co. (& Subs.)—Profits : valuable receiving the The ment. { See Radorock Resources, Inc. below.—V. in 26, matters. More specifically, the company designs and produces pulse amplifiers, electrical mechanical clutch assemblies and electrical delay lines which are used in electronic computers, telemetering equipment, radar, ground communication equipment, coding and de¬ coding networks and other types of classified work for the Govern¬ ^ ■ whereas rooms, Federal Uranium Corp.—To Receive Dividend— r present large amount of development a continuing on brilliance brilliantly 201,000 Shs. in Delaware commencing June years added: contributions . for the their 250,000 shs. ' Tenancy of part of the premises formerly occupied by Underwooi's Electronic Computer Division at 35-10 36th Avenue, Long Island City, N. Y., was terminated on May 31, 1957, at which time the company moved to a plant in Albertson, Long Island, N. Y., which it had leased enables compared with ,28-inches as subdued color * Outstanding shs, 500,000 shs/ organized was ' PRESENT FINANCING 500,000 . B BUSINESS—The J. filed 7 . 27, - • Alaska, zation, present stage of color development color sets can only be used light. We feel that future developments in color will materialize so that it will become available to the mass market," Dr. Du Mont continued. , Authorized CI. to v - r- the In • CAPITALIZATION of V-'', , eventually equip¬ ' • at deep, Furthermore, receivers (par 10 cents-non-voting) at $1 per speculation. The offering is not underwritten. PROCEEDS—The net proceeds ment and-"working capital. : 17-inches sets. stock •; . "V ; , of to Jy *" 7 . present officers and staff. It is anticipated that the acquisition will not only permit the con¬ tinued operation, and expansion of; Colonial's existing agency organi¬ ' ■ the finding.-"' ,-'.t capital stock June insurance. 48 in and the "With Dijrftronies Corp., Albertson, L. I., N. Y.—Stock Offered —The company on June 5 offered publicly 250,000 shares 3 ,1. :, that the exchange offer will begin continue for 30 days, unless extended by First engaged pany cabinets,: "We - and planned the to as the' in V/. " ,. a industrial ^ concentration receivers, fine i for England and Holland and certain other parts of the world. 1 Colonial, at the present time, is in the business of writing ordinary, and group life insurance, all of which Is Issued on a nonparticipating basis.- Colonial is presently licensed and does business in New Jersey, Pennsylvania, New York, Connecticut and Maryland $839,275 Chairman of the Board, intend to make color'TV * ' expected 26 the of Mont, did " - surety present time the superior pictures: that can: be obtained. on black-and-white receivers; together with the -smaller:and better pro¬ portioned-cabinets, provide a much better buy as far as the public is concerned. ...u''. u'-'i ■--I i I ' gardeners, writing to Diamond Black Leaf. Du Exchange. no-basis acceptance of the Colonial shares, ' Corp. ancl Spencer Trask & Co., as dealer man¬ agers, have agreed to form and manage a group of soliciting dealers, including themselves; to solicit tenders of Colonial; capital :stock. : Federal, with its wholly-owned subsidiary, Vigilant Insurance Co., He . t:. The .-.chart Is' available ; to. home . B. firm Stock was „ v •' for . which manufacturcs-and markets pesticides and other agricul¬ tural chemicals: v. • this " \ there exchange offer will become effective upon acceptance of the Colonial shares, or, at the option of Federal, black-and-white on four directors by not less than 1,689,225 combinations. "Our sidiary, Allen that year! received York salcl 90% spoke at a press previefy of Dir Mon't new television-receivers, high fidelity phonographs, ancl TV,' radio, of hi-fi chows said this be can its for It $2,528,500 i.'V- pictures of June Du Mont Laboratories, Inc. — To Concen¬ Black-and-White Receivers— ; i on / Stating A- • Diamond Alkali Co.—New ; 185, p. 2213. Exchange Insurance capital. (Allen B.) trate $1,246,651 $1,454,043 " 289,650 30-1,737 ::V •' r "Deficit.—V. the June on shareholders " $3,118,922 1,763,352 ' .$280,262 - I disturb of Life basis "of board i $499,000 and shares Colonial V,: $1,129,655 railway oper. inc.„ Net 1957—4 Mos.—1956 expenses oper. railway oper. —V. 1957—Month—1956 revenue.. Medina, "unfairness." not company 400,000 and Railway New unanimously upheld the SEC. Its opinion; R. ."•% J -v. •• •:'} Federal Insurance Co.—Registers Exchange Offer— Securities 1957—4 Mos.—1956 revenue-.. rev. of the 1955, shall we The '' oper. Net claim Harold ancl from that This 298,303 , * Judge legal action to set aside last Sep¬ Exchange Commission' delisting a Securities stock S. Court of Appeals by July, and $517,488 16,463 Railway 1,264,746 the Stock of Exchange Buffet hacl been suspended from trading. Dec. .1955.—V. 184, p>: 1017.'y » — $85,901 1957—Month—1956 May 16 lost on of capital , Railway 2213. , >;( ' Duluth, Winnipeg & Pacific Ry.—Earnings— : 724,259 the New York Stock Exchange amended Its rules to delisting would be considered when a company fell below certain size or earnings minimums. The corporation failed to meet these revised standards, the opinion said, and "the delisting proceed¬ ings in this case was a proper exercise of its (the SEC'sf functions , $59,358 *6,073 ; inc— oper. U. provide ' ,1957—4 Mos.—1956 $634,154 $2,458,571 $2,626,001 548,253-v: 2,301,891 U2,108,573 577,767 order company the redemption on July 2, 1957, all of July 1, 1059 at 100Payment Montreal, Toronto, Ottawa; t railway $3,356,475 $11,023,278 $12,807,010 1,328,541 3,930,909 i 4,942,763 2556. corporation The 1957—Month—1956 , $1,905,892 inc.__ oper. p. company's written Montreal. $637,125 $7,382,375 4,946,572 ino.— of expenses. oper.- "Deficit.—V. $1,900,883 oper. due Bank revenue-.! 1957—4 Mos.—1956 expenses. p. bonds 4% the at Railway Net revenue— 135, for Railway oper. 4,581,495 oper. railway called "■ oper. rev. mortgage made 135, tember's facts Under /■■.■J J rlV.;-;:, has railway The sales permanent procedural safe¬ and misleading rejected the withdrawal requestu and suspension of the Regulation A exemption!— • . from ry. oper. / Exchange Buffet Corp.—Loses Court Plea— 1: . Commission Period End. April 30— .1,322,881 Period End. ADril 30— —-V. the corporation be Net Net not \ 1957—4 Mos.—1956 $14,071,427 $14,770,098 $57,680,713 $56,948,919 expenses 12,165,535 11,413,623 46,657,435 44,141,909 oper. rev. —v. Winnipeg or Vancouver.-^-v.. 171, p.;369.>.,,■ 'If—... t.•../>;.} «Vvi .V ,*:i' Duluth, South Shore & Atlantic RR.—Earnings— Detroit, Toledo & Ironton RR.—Earnings— Net semi-annual Quebec, 1957—4 Mos.—1956 4,555,509 from xy. oper... $2,572,409 rev. Railway Railway Net precluded,' willing and Regulation 725. p. first will RR.—Earnings— $7,127,918 expenses . i required Dominion Square Corp.—To Redeem Bonds $2.11 1120. p. 1957—Month—1956 railway oper. inc.— 185, p. 2213. ; —V. a 8.5c $1.07 184, Rio Grande Western Period End. April 30— ; Net ;„Net offerings in that State! "The quoted misleading," the Commission stated, lalsc impression of ofiicial approval bv Commission be would permanent 184,' its Denver <fc Railway Railway Railway '1957—Month—1956^' revenue__ and v, the the involved In ordered 179,150,996 8,223,758 or oper. for that clearance of «, circumstances activities 1,389,659 3,325,571 201.474,175 143,593.070 taxes__ registration fact * "Earnings * sales— after file by the and cleared the of ..-V'C-.'' RR.—Earnings—. Railway efforts Nevada and view Eric Period End. April 30— offering best in registered a . . .._ the it statements, Net convey stockholders particular 174,435,766 1,504,06:) to of for , the use- its registered been not was ,.c in securities or /' cited would misleading, in provide she references dealers had and that , that Regulation A exemption for the Dix stock offer¬ ing. Dix had requested withdrawal of its Regulation A notification,, pointing out that only 43,160 shares had been sold.- that a contem¬ plated merger with another company might otherwise be : ,*m >ii" —'v ;i__ — securities materially false failure was and v.. • underwriter offering not to ' found the false ... suspension Sales and Earnings Higher— 1957 r 1956 V 1955 f' equipment— is tended Nevada." also that the does dealers it underwriter • . through where law "sinoe effect stock the as Commission materially statement •' Minneapolis-Honey¬ ■ the states securities scheduled for act the the were Nevada to area to sell other ...- — products plant .• Boston, , Net of class. to was broker-dealer., addition, circular systems. The first, installed this Fall. Other ; • by office be Bank, 1912, p. Deere & Co. (& Subs.), total Minneapolis-Honeywell its National Raytheon.—V. production .. . In physical expansion facilities is new 20 Rains registered large- additional an $2,250,000 to third of May on acquired \ six include and reported $2,000,000 space, Occupancy of the owned received orders the manufacturer was firm space of new this \ Datamatie, well the of systems The factory systems two-year-old square summer. has processing of "brain" for facilities President. addition of move late production data Finite, square electronic that Corp.—Enlarges "Brain" Production— of electronic 5 Missouri, Pennsylvania, Minnesota, Illinois and Indiana, salesmen and 42 wholesale beer dt&U lbutora-. DUrmg the sales have been expanded Into Connecticut, Florida, Iowa, Ohio, North Dakota, South Dakota, Kansas, Idaho, 10 two years Michigan, Oregon, Waukesha, Wis. It sells its beer under the brank name primarily in the States of Wisconsin, - Naw York, 400," Washington and California.—V. 182, p. 813. :)< Wyoming' Oil Co.—Reclassifies Stock— has reclassified and changed each of its Franco The of common stock $6 of value, of thereof par of holders the bearer presently outstanding bearer certificates have only one dividend remaining attached (for dividend No. 49), it has been decided to call in the outstanding bearer certificates and to issue new ones covering the shares of stock as reclassified and changed. .; . Upon the surrender of bearer certificates with the talon and divi¬ dend coupon No. 49 attached, to the company at the office of The Corporation Trust Company, 100 West 10th St., Wilmington, Del., fo* cancellation, the company will Issue to the person surrendering such bearer certificates a new bearer certificate representing the shares of common stock of the company as reclassified and changed to which coupon entitled. is holder authority to Its The V. 185, placement of $1,300,000 6% first mortgage bonds 1, 1972 was recently made through Carl M. Loeb, Rhoades & Co. See also V. 185, p. 2671. Futures, Inc.—Net Asset Value Rises— The semi-annual period to $3.32 31, share a with net assets 1956. dividend results it has been the custom of the management to review irregular intervals and to pay moderate dividends based if results continue to show profits, This year, will directors probably consider the declaration of The Board of the dividend a 1637. p. $300,604 1993. tion - books have been closed. additional shares of common stock to The for-the construction or acquisition of permanent: extensions and additions to its utility plajit and Uo the extent of $730,006 of the proceeds from the sale of said shares) for the purchase of shares of capital stock of Southern Electric Gen¬ erating Co. The.company estimates that it will not be neees.ary for', it to sell any additional securities in 1957 for such purposes. ' "■>< ■ in'1957 —v. — Private place private¬ Northwest Governors the of American Stock Exchange v to retire bank loans and pay for new i ■- June on in the mining and main milling located properties Territory, silver-lead-zinc of the In produced ores Galena-Keno Hill of area from its Yukon the The first count 3 \\ %■ mortgage the of called for has company Its bonds sinking fund. hattan Bank, redemption due July Payment will New York, N. Y.—V. July on 1, 1974 made at be next, $120,000 at 100% for ac¬ the Chase New highs established revealed June were the during 17 In the fiscal Net sales earnings March ended This 1957 lead¬ 31, this corporation, a totaled Dividends $42,400,000, were $1.80 Increase ah 'common per share, clock cents 20 The per share. Sales of products introduced or ■ In 1957 the fiscal increased GF year, Research Center, its expenditures nearing now on and for the development packages. .'n. ' ,■; / This activity is in addition devoted are V. 185, primarly 1637. p. to quality to of its products, new a 12 divisional control and and processes, which laboratories kilowatt 75,000 requires cord electric no of 1 100,000 & will run indefinitely & clock solar new Setli 185, will Research Development <& of First Laboratories) Corp.____ Iowa " '200.000 Marshall__„_ & Gregory <fc Sons J. H. Hilsman <te Co., Inc. 100.000 200,000 Inc.— Co., Kormendi & McMaster '''Y'''"" 600.000 , Hutchinson <fc 100,000 100,000 100,000 200.000 Scott Stringfellow___ 3hearson, Hammili & Co. I. M. Simon & Co.___.2_ William R. Staats &'Co. Stern Brothers &. Co._'„_ Walter. Stokes & Co.„__ J. S. Straus> & Co._ Thomas & Company-/— Wallace, Geruldsen & Co. Watkins, Morrow & Co. • Harold E. Wood & Co.__ 300.000 100,000 100,000 200.000 Co._/_ & Securities Corp.___ First Foster initially through the corpora¬ Production is scheduled to commence 2671. p. Steele Fauset, • ..." 100,000 100,000 ... Inc._l*_. Co. & Evans marketed be Division. Thomas Fall.—V. next Time General by ) . Fste & Co.—.... owner energy Developed 100.000 Schmertz Co., Inc.." i $400,000 100,000 Rippel & Co.— —_ 100,000 Salomon Bros. <te Hutzler 1,500,000 Middlebrook, Inc. home for a month or so/ there is sufficient capacity storage unit to keep the clock functioning for over a year without any light. If the clock Istops after long storage in a dark closet, all it needs is exposure to light, and it starts up again. • the 200,000 Corp.- Cunningham, from away in tion's Corp.—Earnings and Sales Up— Coburn 100,000 Co.. & Securities « is 1,500.000 Co Broome Clayton - the 100.000 & Stearns Stockton •*;. - if & ___ Bear, General .Even North * Co. York Hanseatic Patterson, Copeland & Kendall, Inc. — Penington, Colket <te Co. Peters, Writer & Christensen. Inc. : Raffensperger, Hughes & Co., Inc. 100,000 Bond Co Fitch, Barret, these without & Strudwick Bankers The "transmitter"; or New Corp. —_— Norris & Hirshberg, Inc. 100,000 (silicon exposed to light from time to time, the clock further attention, Mr. Hawthorne said. If % (the they of names Arthurs, Lestrange & Co. clock. the this General Instrument facilities, operation in the of Oliver Anderson Time, the clock contains a series of voltage gen¬ solar cells). When exposed to incandescent light or cells generate voltage which chargs an accumulator cell; this, in turn, operates the electric clock mechanism. The accumu¬ lator, he said, is a special rechargeable one and is good, lor the life improvement.— product clock solar new erators 55-acre- site overlooking the Hudson River at Tarrytown, N. Y., will be the largest and most modern food research operation in the United States. It will greatly expand GF's facilities for continued pioneering research of I-Ialsey, Stuart & Co. Inc. $5,450,000 Allison-Williams Co. 100,000 of such light will operate the is sunlight, research on completion keeping pace with the rapidly expanding use of to power devices, has developed a new "solar operated by light, it was. announced on June 12. to ordinary incandescent light or to sunlight will exposure President • Foods 125,000 kilo¬ the several underwriters "Purchasers") and the principal amounts of new bonds which have respectively agreed to purchase are as follows: completely portable, and requires no winding or battery replace¬ ments. According to the announcement by Donald J. Hawthorne, it acquired by GF since World War II amounted to $345,400,000, or 35.6% of net sales. Dux*ing fiscal 1957, General Foods, as In other recent years, increased expenditures to market established products and to introduce a number of new products which went into general distribution during the year. to $8,100,000. The General construction the UNDERWRITERS—The energy is for days; the equivalent of a day for a month. : t v it run increase of an short A of which clock" 8.7%. of "Solar Clocfc"— corporation, forms new and convenience packaged food products. $971,300,000, an increase of 4.3% over last year. were bank loans and for construe- General Time Corp.—Announces New ing producer of quality Net unit of the second quarter of 1958; $1,300,-' of' a second steam-electric generating, tions. year annual report of $1,300,000 toward the. related/ transmission construction proceeds are to be used to repay program.—V. 181, p. 205. tion with Yates, Plant at capacity at Plant McManus, scheduled for second quarter of 1959; $3,500,000 toward the Dam on the Chattahoochee River with an installed capacity of 60.000 kilowatts, scheduled for completion in the third quarter of 1959; and $500,000 for other generating plant addiunit initial The Man¬ with initial operation in for toward 000 1153. 185, p. General Foods Corp.—Reveals New Records— , 1987, and sold an additional 14,000 shares of for $700,000. 1, steam-electric unit of 125.000 kilowatt capacity related transmission facilities, scheduled for fifth a. capacity, scheduled capital stock to the parent, General Telephone Corp., its Gas Service Co.—Partial Redemption— v watt institutional investor $800,000 of 4%% first mortgage due of Yates, operation in the second-quarter of 1958; construction of a fifth steam-electric generating initial Privately—The company has placed privately with Sold an Plant at Co. of Upstate New York—Bonds General Telephone bonds of or ■ construction 6 approved for original listing 2,666,335 shares of capital stock (par $1) of this coxnpany, which was incorporated in 1950, and is engaged making 1957 for the con¬ approximately as follows:- generating facilities, including associated transmission facili¬ ties $23,900,000; transmission lino ,and substation additions, $6,900,000; distribution system additions. $21,900,000; and miscellaneous additions,$19,60(4,000^ including the purchase of the assets of Georgia Power" & Light Co. and a transmission line of Florida Power Corp; in March,' 1957' for a gash payment of approximately $10,395.005 and the asStnnp- tion of $7)705,000 of outstanding- bonds. The expenditure of $23,900,000 for generating, facilities includes aboyt $8,000,000 for completing the construction of a fourth steam-electric generating unit of 125,000' kilowatt capacity at Plant Yates,-with related transmission facilities, scheduled for initial operation in June. 1957; $10,600,000 for continuing struction An additional 200,000 shares of common " ^ The proceeds are to be used construction.—V.' 185, p. 2446, Canada—Listing— contemplates company op- approximately $72,300,000 during acquisition of property, apportioned expenditures construc¬ also sold to the parent for $1,000,000. were PROGRAM—The -'CONSTRUCTION bonds;due; 198.7^. ; ly — The company has placed privately $3,000,000 of; 4% % first mortgage bonds due 1987 to six institutional investors at par. Company improvements, of Ohio—-Boods Sold Private¬ General Telephone Co. the sale of from, Southern 708,520 to be used to repay bank loans and" for 181, p. 2928. v.."■/>', through a. group of under-, , Stuart & Co. Inc. Subscription Further details follow: ; * A:)•) rPROCEEDS—The company,; proposes to use the net proceeds from the sale of the bonds and $17,750,000 received and $2,000,000 to be receive# $874,583 $934,847 715,668 r 244,240 Co. of the Telephone program $223,311 62,990 ■ *24,069 ' v 102.29% and accrued interest . proceeds are stock Galkeno Mines, Ltd., Toronto, . $305,551 329,676 ly $2,250*000 of 4%% first mortgage The shares on Dec. 61,067 on 1S57, net assets were $201,558 or $3.50 a share. September."—V. 185, - share a income.— charges 9.— Placement—The company has arranged to for fund possibilities, Richard D. Donchian, Fund Man¬ report that "while Futures, Inc. has no regular the profit results. upon v 1957 shows net assets of $193,355, equal shares of capital stock. These compared $173,293 or $2.84 147,415 185, p. $128,962 8,889 ' _ writers headed by Halsey, $5,342,807 $5,051,442 3,162,069 * 3,018,523 " 773,300 718,542 472,591 . 439,794. 247,820 ,156,992 General mutual commodities 228,500 taxes- oper. after —V. policy, at board of Jn Net taxes-.. — Income $46,069 inc railway oper. Georgia Power Co.—Bonds Sold—Mention was made of June 10 of the public offering of $15,500,000 first mortgage 5%% bonds, due June 1, 1987, at' also See 1957—3 Mos.—1956 1957—Month—1956 * $1,733,931 1.038,092 operating 250,717 $34,378 *5,458 in our issue $1,790,233 1,099,190 expenses 256,582 ry. oper. from "Deficit.—V. 185, p. 2446. _ dividend in states ager, this of 58,285 on of On May 20, Regarding 1 report March 31, ended projects. construction finance $290,960 expenses oper/ rev. \ 1957—4 Mos.—1956 $1,129,906.7 $1,238,211 1,001,033 ,1.014,900 $296,786 to .retire f$10,00G,000» proceeds the use to Net " revenues Net June Net revenue— oper. Railway General Telephone Co. of Indiana, Inc.—Earnings— vate due to and loans Period End. Mar. 31— Oper. Oper. Other Placement.—The pri¬ Refining Co.—Private expects bank 2671. p. Railway California P. U. Commission for its $20 par value common stock General Telephone Corp. company, company short-term Federal Frontier to parent Monday, June 17, 1957 ; . 1957—Month—1956 Period End. April 30— has applied to the sell 500,000 shares of company . Georgia & Florida RR.—Earnings— Sold— California—Bonds of $20,000,000 The the £uch Co. Telephone of 5% first mortgage bonds, publicly offered on June 6 by Halsey, Stuart & Co. Inc. and asso¬ ciates at 100% and accrued interest, were quickly sold. $6 par value into two shares of common effective May 3, 1957, and as a result certificates are entitled to bearer cer¬ tificates representing their additional shares of common Stock, Since chares General The Issued company ttock the Chronicle The Commercial and Financial r 6 • 100,000 600,000 . 100,00Q." » 200,000 400,000 100,000 200,000 250,000 300,000 100,000 100,000 Arthur L. Wright & Co., . - In the face electronics of downward a sales-earnings trend in the radio-TVindustry as a whole, this corporation, for the components fiscal year ended Feb. previous Board year, of $505,407, up from profits of Martin H. Benedek told Chairman the $285,474 shareholders June 5. General Instrument's improved position, he stated, reflected broadening of Its product base in military and industrial electronics, fts well as In the radio-TV field, new acquisitions and "a concentrated engineering, manufacturing and sales effort." Tire General 28, 1957, recorded the highest sales in its 34-year history and net earnings 2332. ;; on Co.—Unit Places Rubber & Stock above.—V. Corp. Aerojet-General vately—See Sales for the fiscal year of $20,928,604 for totalled $33,254,735, an increase of 15% the previous year, and surpassing by more than $750,000 the previous all-time high in fiscal 1953-54. The after¬ tax earnings were equal to 37 cents per share as compared with 21 '« sales cents were per share for $1,004,419, earnings the compared Mlcamold of ended Feb. year with 29, the $570,127 1956. previous Before-tax earnings (Sales year, and .. , : Y Financial position of the t?ith *Co S»eBn,fc„Sssets-' liabilities $2,165,133, Total assets Stockholders were a company remains strong, —Arnold total liabilities $4,800,010, giving Corp.—May Car Production Off— during May, ing May, 1956, it announced was cars and trucks * Record senger cars MOTOR and 40,290 VEHICLES were ) S. AND CANADIAN FACTORIES) 1957 1956—-—— Passenger Passenger Cars 225,296 _ January February 276,285 xsrnHi Trucks 275,773 44,212 v Cars Trucks 321,371 39,270 38,984 44 783 318,763 , 45,941 272,691 341,116 49,379 42,402 312,058 47,120 251,125 40,290 262,593 43,813 1,401,170 205'158 1'555'901 May — -V?l15:7,T5Sr""— net corporation Iocq w Tnil Trust 19, Is. Inviting for the sale to ir 1957.—V. It of $150,000 v Y., 183, p. to up 3 2290. p m 1 General Reinsurance Corp.—Moves Thf corporation on June 10 moved Its home in the . Home (EDT) * ' U e Office— office into larger quar¬ Building. *TZh^CT£lny' now v'hose for™er offices ^oldc Cityr were located at 90 John Street, with in occupies provision ten years to for an take the additional care of top floor five floors five of years expansion needs.—V. the and 185, p. Earnings before taxes new building another floor Taxes w •—V. T 185, g8 p. 44. Distributing Transistor PIA's $3,510,306 .*106,847 , *203,706 ' \* 2215. p. holding a Y.—Formed— capitalized company at Rotary head of Clarkson Press. Inc., Business. Forms Section. j $6,000,000. by * five' major specialty printing firms organization. President of the new group Clarkson, and » .is Max and a former President \. Corp. organized was as Inc., subsidiary companies of Graphic Controls Corp. ar* Technical Charts, Inc., and Amherst Printing Co., Inc., also of Buffalo. N. Y.; Staeblcr <fc Baker, Inc., Clayton N. Y., wholly- a a network of 300 electronic distributors for objective is to make the complete General The corporation on Sales of acquisition 10. The Water has Co. Oak Forest, and Black Hawk Illinois company several to telephone mark the fifth properties by . , . . . > Underwriters, Inc.—Not an In¬ Life which corporation, it announced was interested The were a briefly with actions amount certificate company has 11; and the Commission has giveri 1957, to request a hearing thereon. June on 15, asserts that it is primarily through summarizes tions face a July until persons company business General is for an order declaring that it is not or has ceased company under the Investment Company Act of investment an ... water property, acquired be 1940, Lennox, New " This to in addi¬ Waterworks this year under its nation-wide expansion program that haa increased its assets in the past two years by over $30 million to: upwards of $70,000,000 presently. The tion will Farms, - of American applied to the SEC assets of upwards of communities of Glenylew Heights. Out., Canada, and Technical > Staebler vestment Company— ■ gross $700,000 and serves 2,200 customers in the Countryside, North Libertyville, Lisle," Wheatcn. Gananoque, and - acquisition to be made through an exchange of securities will entry of General Waterworks into the water business in where it already owns telephone properties. ; Municipal Inc., • Great Illinois, Illinois Ltd., Mich. over-all policies.,,. coordinating > the mark Press, & Baker are specialists fn printed charts for recording instruments; Clarkson Press, Inc., is a continuous forms printer." and Amherst Printing Co., Inc., produces non-continuous business forms and other types of specialized commercial printing. Technical Sales Corp. is an organization i of sales engineers with extensive background in recording instrumentation, acting as national distributors for the chart manufacturing companies. Each subsidiary will continue to operate as an autonomous concern, with Graphic Controls Corp. the . Baker Charts, various types producing Illinois Firm— for negotiations completed has & Detroit, Corp., Technical was Municipal Water Co. serving seven suburban communities north west of Chicago, 111., Howard Butcher, III," President, announced June Stacbler and available in small quantities to transistor users Waterworks Corp.—Acquires General addition to Clarkson In to create interest controlling A Sells Missouri Water Properties— Howard 1955 $115,502,748 $91,937 690 6,514,269 5,238,532 3,257,134 — E. of 1956. for the entire year of 17,910,694 $3,207,535 *461,033 formed sales B. first the 17,861,465 $736,839 *271,106 controlled affiliated not engaged in the life Insurance The Commission's release various trans¬ which exemp¬ company. history the persons of the company and subject to the Act for obtained. 1515. 1957 „' in inc. 185, corporation, been national reported that booked orders were in four months of 1957 as compared President, Fialkov, $1,000,000 oper. 4,491,161 $836,255 , Graphic Controls Corp., Buffalo, N. The acquired in Elsin Electronics Corp., Brooklyn, N. Y., a manufacturer of telemetering systems and microwave components. Elsin will continue to operate independently, but will provide General Transistor with engineering help and facilities to design manufacturing equipment.—V. 185, p. 936. : General Shoe Corp.—Sales and Earnings RiseSix Months Ended April 30— Net sales to customers 1 throughout the country. June recently completed building at 400 park Avenue, New York, N. Y„ which the owners have named the General Reinsurance In of railway Deficit.—V. has subsidiary, The ters was substantially third plant, which development of our period 1957 completion Illinois amount of its.4% cumulative income debentures, due Sept. w1Cn ,Tenders wil1 be accepted at Bankers 16 Wall St., New York, N. r'n Co., the for by and space, Transistor line quickly and tenders floor transistors. GT's This General Realty & Utilities Corp.—Tenders— „ income tNet the expenses of occupying the company's sales of $1,131,747 General owned 231.036 April high. * ' 4,436,745 from ry. opers. rev. ' • (U. * expenses- $0.15 1 share per pas¬ trucks. OUTPUT of excess with were $41,161 $0.18 revenue Net transistor, Herman dur¬ - Of the total vehicles produced by GM during May, 251,125 , in. the 3. Railway op?r. Net income 1957—Month—1956 % 1957—4 Mos.—1956 . $5,273,000 $5,228,000 $21,069,000 $21,421,000 Period End. April 30— Railway oper. $153,723 .67,089 25,928 : income Net Net quadruples with 306,406 compared as June on , 53,194 taxes income on 1956) - +$50,225 before Income Taxes NPN TT«ulei c°rp.0rati01} Canada Produced 291,415 passenger united States and 1957 *$510,135 $103,449 Western RR.—Earnings— Grand Trunk \ sales reduced by General Motors and Three Months Ended March 31— Net ) 1747. Convertible Subordi¬ $400,000 of 5%% Notes due April 1, 1969. nate as of Ffeb' 28< 1957> of $11,061,647 and current and Stock May 29 on company 18,000 shares of Com¬ through Kidder, Peabody & Co. mon SEC filed a letter of notification with the SEC covering 300,000 shares of common stock to be offered at par ($1 pen share i, without underwriting. The proceeds are to be used for expenses incident to the production and sale of vitamin coated salt and to license others with respect to such salt. the that Walla ^Walla, Wash.—Files With Golden Salt Co., The ; Chairman of the Board, on June 1 corporation has sold privately Malkan, announced ratio of 5.1-to-l. Working capital was $8,896,514, $15,747,899 equity of $10,947,889.—Y. 185, p. an shareholders ware .100,000 100,008 ■' / Securities Privately General Transistor Corp.—Places Electronics Manufacturing Corp., from June 1,1956, and T. 8. Farley, Ltd. of Canada, from July 1, 1956, both acquired during the fiscal year, ?re included in the totals.) 100,000 Inc. p. a over — Mullaney, Wells & Co.__ , 200.000 Wyatt, Neal & Waggoner See also V. 185, p. 2671. ". Yarnall, Biddle & Co.__ Pri¬ 185, 100,000 " Co. * 2,619,266 3,036,344 2,619,266 of water City of Mr. properties Sedalia, Butcher wholly erties, Butcher, III, with Mo., said President, to that a on June 1:13 book value municipality. gross the upon completion of owned an realized the liquidation subsidiary that had been operating, the Sedalia over-all gain of approximately $375,000 is expected from the transaction.—V. 185, p. 2332. .-. of ..the prop¬ be to • 1 Greater * * Finance — Files With filed a letter of notification with the SEO Co.; Securities and Exchange announced the sale of $2,800,000 in the The - >• company on May 27 Philadelphia, Pa. Commission— cumulative preferred stock, (par covering 25.000 shares of 5% and 25J)00 shares of common $10» stock tpar $2t tn be offered in units .consisting of- one share of each class of stock at $12 per unit. NP underwriting is involved. The proceeds are to "bemused for making of small loans. .... - - - - Volume Number 5647 185 The Commercial and Financial Chronicle . . . :Green Bay & Western RR.—Earnings— . . poration's • fiscal Period End. April 30— 1957—Month—-1956 1957—4 Mos.—1956 ■> $389,686 $367,836 $1,561,355 $1,483,584 233,617 "J 274,285^' l,C91-,345 • ;1,083;240 Railway oper. revenue Railway oper. expenses. ' $106,063 $93,55i 3i,145 .<-'•17,322. Net rey. from ry. opers. Net railway —V. inc... oper. $470,010 4 V ;'• 18o, p, 2215. 126,0i8 .'•.*> : ' •, . Greyhound Lines, The held the stockholders, approved on at the movable . the Interior most functional- in summer world's first wall luxurious and 375 that system executive fills cuites the and at office would be the effective office Hauserman's planners wall system architects shape, color, materials, assembly-line produced wall to This manufacturer Stauffer Elected to Board— elected been May on. director a 31 Gruexi of Arthur S. Genet, President ?' .v.:'-'"-;. by 2446. p, ^.'y.; •Includes Greyhound.—V. of allows, to "design their own" using only components Graham. Newman prise Oh move to The Co., Cleveland offices . its offer of i.i concern, Building— cam'e Cincinnati, wired been A, that his .Mayor of President Newman, concern litigation," had withdrawn United said the directors ./r Counsel The and board the turned ■ of L. ''''' stockholders to as a approved means sale of the is now being at the company's main erected on a long-term board plant in the sales after lease with capital and that. if would shares were 338,665 Graham-Newman were receive 300,000 for shares of elect to of $5,249,519 the for first six months of the The 1957 preferred dividends to 31 cents outstanding. The net income the over 1956. net after taxes or / The injunction sult > agrinst ; acceptance of the • Graham-Newman proposal had been filed -by Sol Goodman, Cincinnati attorney, in behalf of 'Fil^ sbn, Stanley Goodman, a Gruen siocki.oluer. yyy'yte Films Guild ; Sales six months the 1956 period are not available. — Electric elected the stock; The price per unit was $1,018.75. WMBV-TV details, to Kingdom of the Sea, a total of 19 cartoon packages, itj, Western- films and .7" *-t " " ' lit and. WMAM-Radio, Marinette, ' Wis., : came 1 ; ' .. Mr. Kaufman informed the stockholders that the sales spurt is still fe fxUl. swing; and added "that present indications point to the lilceli-; lioocl- that the additional sale's which we hojie to close during the remainder; of the current fiscal year could conceivably come to an additional, .10 million." ./, ' C " V v.Mr. Kaiifihan revealed plans for the, early production of several new programs and. for the acquisition of programs created by others. Hd s best known major film studios;—V. 485, p. ;' * V i-r '-."'v ' > ;.•>'» 7:,' Gklf Interstate Gas Co.—Secondary Offering—A ) V. see corporation . June on Period End. Mar. 31— filed 5 letter of a notification may that , , the 833,042 $81,785 $181,305 income__ 10,456 12,919 29,625 \y, Int. on $54,383 $94,704 $210,930 $233,205 charges adjust, inc. bds. 120,107 70,058 142,596 70,058 381,436 427,847 210; 175 210,175 $195,976 2,480,167 ' issue stock The . Commission '■ ,7 ,. conditioned the ' : $91,554 instead of of of in that, $380,661 $404,817 necessary.—V. Increase 185, 2872. ., Hamilton Watch B. formation of The to " ' - ^ t " ." re¬ net deficit for March 1956 would" be" . . , . Payment will be .10t4:Broadway,.NeW'.Yprfc 15, U. : I|at Cerp. Co.—Decision Stands— Railway oper. revenue... Railwav oper. ' expenses. . Net rev. from ry. opers. Net railway —V. 185, p. oper; 183, p. 2651. - 7 inc. April 30— from ■tember • t.lhe 1 Net RR.—Earnings1957—Month—1956 $1,086,309 $1,065,112 .860,409801,426 1957—4 Mos.—1956 . $4,101,670 $4,170,772 3,299,773 3,297,578 and State income ; attributable Inc; and taxes on to its affiliated companies made common $223,900 62,093 $263,686 115,899 $801,897 209.572 $873,194 344,383 in Harbor our Belt issue of RR.—Bonds June Sold—Mention of the 10 was public offering, through The First, Boston Corp. and associates, of $8,125,mortgage 5%% bonds due June 1, 1982, at 98.957% and accrued interest. This offering was over- 000-first ac- in'Sep- 1956. net "Income- is- equivalent ry. oper. railway oper. inc.:. 185, p. 2216. Indiana income. The the-, operations for a price of per unit purchase one share and of each the warrant, company's $2.75 per share. the fire organize to insurance and operate another subsidiary to carry business within the State of Colorado. on a Interprovincial Pipe Line Co.—Partial Redemption— The has called for redemption on July 1, 1957 $365,000 of first mortgage and collateral trust bonds, series B at $101.2® company per eaeh $100- principal amount, plus accrued interest. Payment be made at the office of the agency of the Bank of Montreal in J . of New York.—V. will the 184, p. 2740. Jack & Heintz, Inc.—Chester A. Thompson on Board the board to fill a vacancy brought about by the resignation of Rodney P. Lien. Mr. Thompson, who served as a director of this company during 1949 and 1950, is Chairman of the Universal Wire Spring Co. and President of the Otto Konigslow Manufacturing Co.—V. 185, p. 1044. Chester A. Thompson has been elected to (F. L.) to 42 cents -per share- on the' out¬ stock of the corporation after -provision for dividends the outstanding preferred stock. In-view of changes in the cor¬ r standing >©n- Champ Hats, a First as its 3V2 % Profit— *1957, including non-recurring income of: $56,7-75 and after provision of •consolidation:: includes net to $3.75 be • Net rev. f#om corporation and its wholly-owned Subsidiary companies report a consolidated net 4ncome of $319,591 for the six months ended April 39; -^approximately . $254,000. for. Federal thereof of common stock to be re¬ warrants. The offering price. to shares above proposes act to City Railway oRer. revenue.. Railway oper. expenses This r-qqired to to exchange these assets for capital stock of its International Fire Insurance Co. so as to qualify insurance company within the State of Colorado* Additional proceeds as received will be added to the capital and sur¬ plus of the subsidiary company through the purchase of capital stock in the subsidiary so that it may qualify to do insurance business in other States. In the event that any proceeds are received through the exercise of the warrants covered by the prospectus, the company it assets, it casualty 1957—Month—1956 1957—4 Mos.—1956 $24,009,249 $24,318,183 $97,287,853 $97,253,221 19,246,618 18,078,587 76,818,851 73,407,748 ($4,762,631 $6,239,596 $20,469,002 $23,845,473 1,473,080 '2,280,055 6,716,180. 8,718,019 2447. Period End. > on July 1, next, $57,000 due April 1, 1961 'at 100^ and made at the New York Trust Co., N. Y.—V. at the is Underwriters agent as subsidiary, Illinois Central RR.—Earnings— Illinois Terminal Co.—Redemption— of 'American-Reports stock of units holder the 354,420 and exercise of the Inc., of Englewood, Colo., has agreed to sale of the units for which registration la sought on a best efforts basis. The company proposes to use thd proceeds first, for the expenses of issuance and sale of the shares being offered, secondly to the current operating expenses of tho company and the balance to be invested in such assets as would bo admitted assets of Insurance carriers under the laws of the State of Colorado. At such time as the company acquires $75,000 of admitted act S. Period End. April 30— —V. * the American Stock ofiit«v4.Vi v>>, sinking-fund .debentures .•accrued-interest. C attached, for public plans . . Co.—Common Oil rehearing of its decision of April 1..1957 upholding the company's three-project license on Saake River. This is the final decision on the Hells Canyon issue in the Courts. • Despiie the decision of the U. S. Supreme Court, the public power proponents in Congress continue to press for a Federal dam at Hells Canyon.—V. 185, p. 2447. has called >for redemption company not Supreme Court on May 27 denied the petition, filed by National Hells Canyon Association and other public power groups, for •; . do the $117,950 and the net deficit for the three months $325,147 instead of $404,817.—V. 185, p. 1886. Idaho Power The watches -throughout Hamilton " the 1956 Hydro-Electric, founded in 1929, was formerly the several public utilities, including New England was ordered liquidated by the. SEC under Section: Public Utility Holding Company Act. In 1944, on application" , Co.—To Form Canadian Unit— Ilanson-Van Winkle>MunnIjig -" be a and -sell If Placed Privately— outstanding common shares has been made by Bear, Stearns &■ Co., it was announced on June 12.—V. 185f p. 2558. " , Sinkler, pany which will assemble Canada.—"V. "185," p. 44. ' <• . Wduld Husky President, on June 6 announced plans for the wholly owned subsidiary, the Hamilton Watch Co. of Canada Ltd., with headquarters in Toronto, Canada. John Badger, a Canadian marketing executive, will be named Gen-> •erai-Manager and--a member of the board of directors of the new cemArthur ; statement, 1956. Di¬ a The series A. warranto expire 12 months from date of registration; series B expires 1® months from date of registration; and, series C expires 24 months from date of registration. Organized on April *5, 1957, this corpora¬ tion proposes to be primarily engaged in the insurance business through subsidiaries and through its own brokerage of Insurance. Irt furtherance of this purpose, the company organized on May 31, 1957, a wholly owned subsidiary, First International Fire Insurance Co.; which company, however, is not as yet licensed to do insurance busi¬ ness in any State. • ; Private placement of 100,000 on Dec. p. 1956 ; ■ this and corporation filed a registration statement with the SEC oil> 1957, covering 118,140 units, each unit consisting of ona $1 par value common stock with three warrants, series A, entitles add special franchise tax reductions until June consultant , 19, 1956, authorized the utility to issue promissory notes with the aggregate amount outstanding at any one time not to be in excess of $16,000,000. The utility will issue the notes to the Irving Trust Co. and The .Chas Manhattan Bank, both of New York City, and use the proceeds for general corporate purposes and to help carry oh its construction program. The company said an acceleration of its 1957 construction program and its cash requirement through June, 1957, made the $18,000,000., The Commission, shown, in financial of common prior to the the Short-term promissory notes issued for prior-construction. Gulf States' 1957" construction expenditures are estimated at about $47,000,000. In another order, the FPC authorized Gulf States to raise the limit of its outstanding unsecured promissory notes from $16,000,000 to . as not made a 10; served „■ authorization sale, the Commission by further, order must approve the price per share to be received. / The company proposes to use the proceeds from the sale, estimated at approximately $7,0®0,000, to finance its current construction program and to discbarge consummation back related were Power and sell, at (without, par,.-value). figures were Jr., Board through applicable portion 'of the adjustments, amounting tor $26,396 for the- month of. March 1956 and $79,670 for the three months ended March 31, 1956 V ' 1956 adjijstmehts for real estate interest, which Jacobs, Joseph elections This * NOTE—The K. Pennroad SEC, the U. S. District Court for the District of Massachusetts share ^Exclusive; of ititerest on adjustment income bonds. flect public utility holding company to be known as Abacus Fund. International Insurance Investments, Inc., Englewood, the $117,950 former Colo.—Registers With SEC— June $135,782 the L. $2,676,143 ■ -V First Elects on June 12 paved the way for consummation of the Plan, and it is expected that Abacus Fund will coma following certification of the new board to the SEC and the* upon registration of an amendment of a Declaration of Trust of International Hydro-Electric System.—V. 185, p. 2558. 37,220 1— income Gross 1886. *•; 'Income sec- •v the The " 804,669 * Income — into being Court and 1957—3 Mos.—1956 $914,827 System this exclusive jurisdiction of the System and its assets, and the fol¬ lowing year appointed Bartholomew A. Brinckley as Trustee. Sub¬ sequently, a four-part proposal was filed by the trustee which, among other steps, provided for an interim board of directors with limited, authority to .represent stockholders in proceedings before the SEG and the Court. The interim board was approved by the Court in 1954 A proposal known as the Interim Board Plan then was made Whereby International Hydro-Electric System would be continued as a closed-' end non-diversifisd investment company. The proposal was approved by the Court on April 23, 1956. ' ; V ; 13 ' with $43,927 «fc taxes exps. Non-operating Commission has authorized this company to competitive bidding, 200;'000 shares of its common Federal '"';t . took $2,599,391 2,418,086 Operating ' Gulf States Utilities Co.—To Sell Common Stock and" ,' The ~ company of In 1942 it 11 of the of cumula¬ Earnings Lower— 1957—Month—1956 $848,59$ operating rev—-• Operating and Raise Unsecured Debt Limit— 1993. International 185, p, 2672. Hudson & Manhattan RR';—March Gross quickly completed.—V. 185, p. 2557. 7- was p. Corp.; Paul H. Todd, President of Farmers* Klingenstein, partners in W'ertheim & Co.; Christian A. Johnson, President of Central-Illinois Securities Corp.; Alfred A. Romney, a registered Investment adviser; and DavUJf Schenker, a partner in the law firm of Schenker & Schenker. _ It amalgamation would be 100,500 common all of the outstanding shares of stock investment company William Co.; Electric. to of John were The Interim ondary offering of 111,760 shares, pf common stock (par $5) was made on June 7 by Carl Loeb, Rhoades & Coi for 185, conversion of closed-end a parent nor for way of covering 34,000 shares of class B non voting common stock (par $1) to he offered as follows: 19,000 shares at $5 per share; 10,000 shaves at $10 per share ancl 5,000 shaves at $20 per share. No underwriting is involved. The proceeds are to be used for general operating funds and reserve " -•••. negotiations are underway for eo-preductien. with leading studios in Europe us well as in the United States. ■ ' ' .; '.He redded jpaf Gull ',Films l^as under consider Hion a deal for exclu-; sive. anti' iong-term^■'■'tdliB^ibutiond•dft'.ia, block of motibh picture features of America stock corporation, former parent of New Englanda special meeting June 12 in Boston, Mass., and regular board of directors in 15 years, thus clearing first Co.; SEC also said that oite proposed System, held its Chemical . from corporation and of United Specialties Co. have action with a view to a possible amalgama¬ United.—V. rector :-H-P* Distributing Co. of D. C., Inc., Riverdate, Md.— / ,v- '■ f; Gcorpe X)e Martini, Treasurer, revealed a net- profit of $155,000 for the first quarter 6i 1957 compared to a profit of $70,000 for the same period last year. "-'7.; "■■■ -;v ■■ ;; i.;.' ..; the of Myers The minimum .., from Xiberaee through 24 hours hefore the meeting. ■ Burns, President of Radio Corp. of America;' Henry J. Friendly, Vice-President of Pah American World Airways, inc., and a partner in the law firm of Cleary, Gottlieb, Friendly &• Hamilton; Justin Haynes, a private Investor and a director Of Bristol- fering to- the public on June 6 of $2,250,000 of 5% in¬ come debentures due 1972, 75,000 shares of 6% preferred stock (par $10) and 56,250 shares of common stock ($1 par value), through Kuhn, Loeb & Co., acting as v7 Simultaneously, Mr. Kaufman announced that the long-awaited ap- 7; Files With Securities and: Exchange Cmnmission— proval of the Federal Communications Commission for the acquisition The of,. Stations has been elected to the •. industrial. Industrial of Named , gs. well as' its two Hollywood feature films. this with The stockholders agent,, has been completed. The offering was made in '■ units consisting of $750 principal amount of debentures, 25 shares of preferred stock and 18% shares of common Co., Inc.—Reveals Sales of $10,000,000— 'series, of (Ret.) International Hydro-Electric Regular Board in 15 Years— Securities Sold —The of¬ of program Admiral, USN 185; p. 612. oversubscribed.—V. 183, p. 2184. was " this company in, excess of $10,000,000 for, the past five; :; order accepted was 25 units. 1 i^mCsenting, un increase of approximately 220t« over sales of,., % The debentures will not, bear interest prior to June 1, 1959 the entire fiscal period. of 1956 were anriouueed by R. R. Kaufman, the company pay a dividend on the preferred stock prior PfesidCUt, at the aniiiinl meeting; of stockholders. ■ ,v 7 '-..V ./.v date,: alter which the interest and preferred dividends will be ^Mr^VKaufmaii'/^eveaied'/^thev sales embraced every Guild Films tele¬ tive. For further vision ... Ingersoll-Rand Co.—Secondary Offering—A secondary' offering of 19,000 shares of common stock (no par) was made on June 6 by Hornblower & Weeks at $85 per share, with a dealer's concession of $1.60 per share. It $258,487, was a months. , 900,000 2672. - share on the 785,494 represented an increase $16C,015, which after pre¬ of terms assets into ' >';y, y■'■.:,7 ... 1956 A■■■' Heritage Petroleum Corp. now outstanding convert into stock," it to Parker & Redpath $700,000 Schoellkopf, Hutton & Pomeroy, Inc. ^ 700,000 Shields & Co.___ 700,000 F. S. Smithers & Co 700,000 preliminary a United shares •(Subject'to inter-eompany adjustments the combined net profits of Gallon and Kingham Trailer for this same period totalled $306,223, equal to 39 cents per share.—V, 185, p. 1043. stock debentures. the . Enterprises, Inc.—Proposed Merger— directors of of tion Hercules > :{■V'-V". Yh of $6 per share. Officials .said there .. Auchincloss, 1,400,000 Co.. p. directors.—V. basis.— the Hercules Gallon Products ownership. This report, also; for the period ended March 31, 1957, showed net sales of $.1,765,257 and net income after taxes of $47,736. Comparisons the company operating. .■.'..'.7 •' '/yy/ -W': -" • •, The debentures were io have been seven-year 5%. notes,; which, at // any time, during, the..seven, yeare,.could ,be, exqliauged for. stock -at the v . below had severally agreed following respective principal the 1,400,000 Clark, James of The sharer- 61% .t rate 76,000 Sha. named company Union & 185, Industrial *to-. keep 1 *3,279,000 1957. six months report under $1,800,070 of directors working Outstanding $8,125,000 ... Induction Motors Corp.—-Admiral Clark Joins Board— Joseph dividends was equal to 19 cents a share. The 1957 period per earnings were .63% above the 1956 six months. Kingham Trailer Co., a wholly-owned subsidiary, issued its first Gruen Co. providing of Rothschild F. See also V. > share : Graham-Newman .& sale the had 20 May on debentures recommended plants and* offices, ferred United States United States stipulations in tab certain, with equal •■■/'•':, % y:, for the down objected to y convertiole hhd reviewed had He ,said oner. bid. for ' ■ year. common , Time's ■ It, offices Net income after Federal taxes for the Tinfe's States walls corporation reports for the six months ended March 31, 1957, $5,663,493, according to E. Paul Monroe, President. This com¬ fiscal Graham Newman, said on May financing offer because of the Cincinnati, Taft of that of pared the /•%,.■" Charles P. Corp., -said p. :Tliis ofier; for V$2;100,000.. in financing, "still- stands.",,7».i: ' '„,V y '-wy;/,. >-•'• Earlier, Burton M. Joseph' of Minneapolis, ',Gruen Chairman,'.had Time 1122. 184, sales as proposals- had been made- to Gruen's board, out had brought to the stockholders' attention. ^ Jerome 24 interior ./Hercules Gallon Products Inc.—Earnings Increased— better financing; not FINANCING bonds: Dillon, authorized - Gruen officials that it was dropping its worth of Grueh-• convertible aeoentures. ' 1'" Judge Otis HeSs of Common Pleas Court in Ohio/considered a Gruen stockholder suit charging that Newman purchasers the Kidder, Peabody & Co. ilnancial •support "for <.v./-; - suburbs. V. sur¬ a with Cleveland buy $1,800,000 move - investment York New withdrew 24 Industries, l»x. Graham offer & May the of Eastman Hauserman, President, announced on June 12. , The three-level building,-measuring 52 by 229 feet, will be located on a four-acre site and is ta be ready for occupancy in late spring of 1958. The new building will consolidate Hauserman's present scattered * Gruen- from during The First Boston Corp._$l,625,000 ..... . purchase amount precision of payable PURCHASERS—The owners, institutional buildings will break ground at Cleveland, Ohio, this month a new $1,000,000 consolidated general office building, Fred M. 135, Bid Withdrawn— Industries, Inc.—Financing $523,000 Securities & Co.______ movable of PRESENT for of-Stauffer Chemical Co. since 1954, has The Greyhound Corp.. it .Was announced President Stauffer, TO mortgage 5^4% bonds due June l, 1982 Equipment obligations Capital stock (par $100) : ' Hans EFFECT First textures, and ;... ■ .. ■< GIVING CAPITALIZATION same (House of Seagram), N. Y. G., under construction by the new interior and • -' 1907, consisting of $3,225,000 principal amount of general mortgage gold bonds and $4,900,000 principal 50-year general mortgage gold bonds. 4 Vs % exacting the now interiors vih standardized^ of ' dmidon'/rnerglng. Pacific 1 Greyhound Lines with- Northwest -Grey- 7 /manufacture.-?' 77,. hound and" a large segment of Northland Greyhound to form a single new operating unit—/Western - Greyhound Lines—largest in The Grey- ; To Build New Office helind Corporation's -divisional network spanning the nation. "•/ '• V ■ 'I new : Avenue skyscraper ; "Horizon," Named tenants, mortgage of 50-year economic Park bronze Georgd A. Fuller Go. • special meeting a the this made Arthur ,;S. 'Genet, .President," announced 'date of the- action- which created the 7 At that time, May 21. . that June 1 plan merger has 4% amount advantages of mass-produced movable office walls has been, developed by this company. First installation of the revolutionary new wall system: will be Corp; consolidating the operations of all Greyhound services west of > the- Rockies, became ari operating entity at midnight on 31. -7• customized requirements of time •• • newly created division of TThe Greyhound a payment at bond $400,344 103,619 7 company's treasury to the extent required, will - be applied to the at maturity on July 1, 1957, of $8,125,000 principal amount of Its general mortgage gold bonds outstanding under its general gold prior as (E. F.) Hauserman Co.—-New Movable Wall System— A " Western accounting procedures effected at the. close of the the report is not comparable with the report issued 1956.—V. 181, pi 1674. year, April 30, Greyhound Corp.—New Division Created by Merger— 7 (2803) - subscribed and the books closed. PROCEEDS—The the sale of the net proceeds ta be Further details follow: received by the company from bpnds, together with funds to be provided from the Jacobs Co*—Reports Profit— " For the third quarter ended April 30, 1957 this company had a net $4,787,521. This compares wherein the company on gross sales of $4,978,475 showed a net loss of $530,820. A. L. Guterman, President, on June 7 said in part: "In order to reverse the unprofitable trend in Jacobs and to the company on a sound- financial basis, certain unprofitable facilities and assets had to be sold. On the sale of these assets the company sustained a book loss of $958,000, but the facilities so liquidated operating profit of $275,507 on net sales of favorably with the third quarter of 1956 The Commercial and Financial Chronicle-... Monday; June 17, 1957 . (2804) 8 "Liquidation sound very a losses operating for 1956 fiscal year ended July 31, during the last $2,500,000. ' accounted in their operations ox in and ussets pluced our .company of these facilities financial position. ' ' . , , , , .u , ability "Our will permit amounting conduct operations on a profitable basis oi our tax loss carry fox*ward to advantage full take to us approximately $7,000,000. to the company has addition, "in the Our el dm for refund Of taxes in over a period^of years. a principal sum of $1,150,000, plus interest tax counsel advises that the two .recent U. S. Courts, xn the Budd Manufacturing and National Fdrge cases have strengthened our claims for this refund. In substance, these„ decisions „Jield that certain objections to our claim, raised by the government, had already been decided, adversely to the government, by the Supreme Couit the Lewyt fn decisions oi < case. backlog of orders amount to approximately $19,000,000. These orders liave touau placed with us by various divisions oi Chrysler Corp., Ford Motor Co., General Motors Corp., tjtudebaker-Packaru, American Motors and others."'—V. 135, p. 1131. "The present Financ'g Light Co.—Hear'g on Jersey Central Power & announced on June 7, has applied to t ie issue and, sell $15,000,000 of bonds at com¬ petitive bidding; and the Commission has given interested persons until June 21, 1957, to request a hearing thereon. More partic ularly, Jersey Central proposes to issue and sell $15,000,000 of principal amount of additional lirst mortgage bonds, due July 1, 1087. it was SEC for authorization to This company, which to and construe ion expenditures, to approximately $2 >,500,000, borrowings effected In 1957 for consume ion its proceeds are to be applied to are contemplated will amount Net short-term repay The First Burnham Ai Co 2,500 Co. *_„• 75.000 julien Collins & Co.——2.500 Blyth Ai Co., Inc 17,000 A. G. Edwards Ai Sons**** 2,500 Eastman Dillon, Union SeKenneth Ellis & Co.* 2,500 purities Co. 4—n*%:_*— 17.000 Clement A. Evans Ai Co., Glore, Forgan Ai Co.—17,000 Inc. ———. 2,500 Goldman, Sachs A: Co 17,000 ~ The First Cleveland Corp.* 2,500 Hemphill. Noyes Ai Co.— 17,000 Fir.it Southwest Co—— 2.500 Kidder, Peabody Ai Co.. 17.000 k Foster Ai Marshall -*.—2,500 Lehman Brothers 17,000 Fulton Reid & Co.. Inc.-4 2.500 Sehwabaeher Ac Co.* 17,000 % Hamlin Ai Lunt—_—*'**— 2,500 Bear, Stearns Ai Co.2-*~-*.^ 11,000 Henry Herman & Co 2,500 Clark, Dodge Ai Co 11,000 ? Hill Richards Ac eo.*i*2*i. -2.500 Coffin A: Burr, Inc.** 11,000 Hooker Ac Fay—— 2,500 Dominick Ac Dominick 11,000 % E. F. Button Ac Co 2,500 Carl M. 1957—4 Wks.—1956 t' — $ $ " 29,237,010 157,115.400 143,316,830 31,398,014 May 31 filed a letter of notification with the SEC covering 5,660 shares of common stock (par to be offered to employees under a stock purchase plan at $2 per share below the sales price on the New York Stock Exchange (estimated at $53 per share). No The proceeds are to be used underwriting is involved. for working capital.—V. 185, p. 2216. corporation The 0:1 Pref¬ Kaiser* Aluminum &r Chemical Corp.—Registers > Place Bonds Privately Stock With SEC—Plans to the SEC on ible prefer¬ ence stock, 8100 oar. The company proposes to offer this stock for public sale-through an underwriting group headed by The First Boston Corporation and Dean Witter Ar Co. The dividend rate, public offering price aixd underwriting terms are to be supplied by amendment. This filed corporation Net with statement registration a 1957, covering 300,000 shares of cumulative conver June 6, proceeds of will be used to provide a sale stock preferred the funds lor tne completion of tne. 1956 and current expansion programs and to retire outstanding bank borrowings aggre¬ gating $21,505,000 due in 1957 and 1958, being the remaining bank of portion toe incurred loans time. that and 1951 hi According 1952 expansion undertaken finance to at urranged to the prospectus, the company has period from May 31, 1959 to Jan. 1, 1976, the sinking fund payments which were to have been made 011 May 31, 1057 ($3,500,0001 und May 31, 1958 ($9,000,000) on its outstaxxding reschedule to 4V2% u bonds, ' In of over , addition, negotiating for is It $50,000,000 of - . a sale the institutional investors bonds. to first mortgage of series new expects that the- additional funds needed to complete programs will be provided from retained earnings, reserves for depreciation and other cash resources. It has entered into a bank .credit agreement under which borrowings up to an aggregate of $75,000,000 may be made for completion of the expansion programs, The company the financing initially acquisitions or expansions, and for other corporate purposes. ! / for 11,000 Peters,'. Writer Ac Christensen, Inc. —*——*.** Prescott, Slxepard Ac Co., 11.000 Reynolds Ac Co., Inc.-*.— 11,000 Shuman, Agnew Ac Co._r— 11,000 Walston Ac Co.. Inc.****** 11,000 Railway oper. Railway Rosenthal Ac Co. Bacon, Whipple Ac Co,**—* J. Barth Ac Co.— .„— 7.500 Straus, Blosser Ac McDowell J. s, Strauss Ac Co.u** '• Blair William 7,500 7,500 Sweney, CartwrJgnt Tliomas Ac 7,500 Westhelmer 7,500 7,500 7,500 7,500 Anderson 7,500 Batenian, Co.—!— Ac Blunt Ellis Ac Simmons .*** Brush, Slocumb Ac Co, Inc. duPont I. (Inc.) Co.— Ac • t Inc.— Co. California Harold York expenses 2.500 2,500 Co.* 2,500 2,500 Ac Strudwjck 2,000 2,000 2,000 Fitch, North Ac Co. Eichler Ac Co.— Barret, 7,500 Bingham, Walter Ac Hurry, Inc. .2,000 C. F. Cassell Ac Co., Inc.— 2.000 Clayton Securities Corp.**, .2,000 Crowell, Weedon Ac Co 2,000 : 7.500 DeHaven Ac Townsend. Newhard, Cook Ac Co.—* 7.500 7,500 7,500 Granbery, Marache Ac Co. ' 7,500 Ilayden. Stone Ac Co.V.— 7,500 Goodbody Co. Ac 7,500 Inc.**, Co.. M. Kidder Ac A. , Irving liixndborg Ac Co,*-** Co.*— Milwaukee The * ,s , * 7,500 Co.—* 7.500 7,500 Co.— 7,500 Mason-Ragan, Su'tro Ac Co.—**——— 7,500 2.000 Crouter Ac Bodine First of Michigan Corp.—* Hamerschlag, Borg A Co.* Hanrahan A: Co., Inc.——: Edward D, Jones Ac Co._„_ L. Rothschild Ac Co.. F. Shields Co Ac Singer, Ac Ac Scrlbner* Deane R. William Ac Staats Cruttenden, Podeita Ac Co. Davis, Skaggs Ac Co.**— Dempsey-Tegeler R. Dickson S. Farwell, Fprris Co Miller Ilayden, Hirsch Inc.* Co Ac Co.* Ac 5.000 .• Loewl Inc.*—*— 5,000 McKelvy Co.x* Co Ac 5,000 5,000 5,000 — Merrill, Turben Ac Co., Inc. Moore, Leonard Ac Lynch— The Robinson-Humphrey 2,500 Co.— & Baker, Watts Ac Co.—** Wulff, Hansen Ac Co.— Inc.*——**- Co. Ac ~V. Kraus Ac Burge Blair 1,000 — 2.500 2,500 2,500 Co., Ball, Co. Stewart, Eubanks, Meyerson Ac Co. *— Strader Ac Co., Inc.— Henry F. Swift Ac Co Wilson, Johnson Ac Higgins ; 5,000 Inc. Baker, Simonds 1,000 Ac Williams. 1,000 J, Ep.rle May & Co.—*—.1,000 Martin Nelson & Co, Inc. 1,000 Simpson, Emery Co., Inc. 1,000 Stephenson, Leydecker Ac 5,000 & Co. Ac Hasten E. A. 1,000 1,000 1,000 1.000 1,000 185, p. 2559. In Va In started a construction program to pro¬ the Ohio River Valley at Ravenswood, construction of a major primary Aluminum Kaiser 1954, capacity fabricating W. 1956, in commenced it Corp.—To Doable Plant Capacity— the Ravenswood mill and a new alumina plant at Graxnercy, La. Upon completion of these ifacili'iDs in 1958, together with additions to its existing plants, the 'company's annual primary aluminum capacity will be increased to 609,500 tons. The total estimated cost of these programs is now estimated at $321,000.aluminum plant adjacent to Additional 000. taken and of cost are facility acquisitions and expansions have been under¬ expected to be completed in 1959 at a total estimated $92,000,000.—V. 185, west record Industries Kaiser Corp., Rhoades writers & Corp. — Witter Dean Co. Offered Stock Co. & — First of under¬ public offering of 900,000 shares of stock (par $4) at $15.75 per share. This offering making common a oversubscribed and the books closed. was PROCEEDS—Net the .shares, Kaiser interests BUSINESS—Corporation ests in number a stock mon conducts of of direct Net rev. the a The major affiliates Aluminum manente of panies had 39% Co., of Motors, Inc. inter- the The aggregate on market Kaiser value interests June on $1,721,149 1,026,762 $1,858,651 1,048,646 $221,873 $211,720 $694,387 See 82,382 236,115 1957. these in 7, 1957 Middle above.—V. Dye Corp. Utilities, South in mately were $21,340,000. $6,009,000, of over Comparable net earnings; 185, p. 2216. the The loan tions term bank Collateral trust 6'/2% loan stock ffrst the quarter of 1957 equitv in affiliated the $7,521,000, guaranteed able for the principal 1963 April were A, due p. trust by the bonds amount (he corporation common issued of are the in 3!c95*n00 5271297 and term bank of convertible Henry into $25,000,000 and loan, on may be nection of ble with common the stock shares of McEachern for reserved common Issued stock Kaiser J reb"trxcted additional issuance stock 1,511,487 uoon option offered be to are May on An additional to certain shares conversion of or in escrow in and lor 29 filed letter a of notification with the (par $lj of which 100,030 stockholders in exchange for to outstanding and certain contingent claims against the remaining 200,000 shares are to be offered to the at par. Stephenson, Leydecker proceeds are to be The Period End. May 18- Co., Oakland, Calif, is used for working capital. &. Sales —V. Lake p. Railway $ - ■ — — — common exchange officers stock of the 115,184,432 623,987,364 550,541,078 Net Net Superior & Islipemingr RR.—Earnings— 1957—Month—1956 $2*8,354 $473,367 231,444 264,767 April 30— oper. revenue expenses opsr. named rev. fr. railway 1957—4 Mos.—1956 $548,488 $670,424 865,913 818,080 $66,910 ry. oper. inc— oper. . $208,600 *3317,425 *$147,656 79,895 195,437 *385,814 *211,645 ' *Deficit.—V. have the coxporaemployees. An been collateral reserved trust Lamson for bonds 185, p. below have severally Corp. 2216. of Delaware, Syracuse, N. Y. — Files With Securities and Exchange Commission— Co Shawell —T* Co. : — Coi As Hammill As Co Co.___—l_y Walker H. G. As also V. 185, 1,400 1,050 667 833 1,833 1,833 3.667 1,833 -1,333 Co.** White Masterson As See * Co.* As 1.400 1,667 3.667 3,667 ' ' Shearson, Shields 1,400 .0 2,300 2.100 1,333 2, *—_—_ Co As Winston As As 2,800 i— Renshaw Mosle 667 2673. p. Litchfield & Madison lty.—Earnings— Railway oper. reViftfeI> expenses* oper. 1957—4 Mos.—1956 $1,220,254 $1,313,458 643,835 650.851 1957—Month—1956 $280,906 $318,057 162,131 158,005 Period End. April 30— Net from ry. opers. rev. $118,775 $160,052 $576,419 $662,607 inc.— 29,792 49,812 161,722 203,779 railway Net —V. oper. 185, p. 2449. L-O-F Fibers Co.—Secondary Offering—A sec¬ Glass of 3,000 shares of common stock (par was The to 1957—Month—1956 1957—4 Mos.—1956 V $5,779,034 $5,559,976 $21,455,000 $20,662,716 4,801,910 4,719,221 19,157,167 19.222.075 April 30— revenue** oper. expenses oper. Net rev. from ry. oper. $977,124 $840,755 $2,297,833 $1,440,641 inc.— 366,253 269,093 *46.838 *893,425 Net railway oper. •Deficit.—V. 185, 2216. p. corporation covering employees on 5.000 of the June shaves 10 of company filed a common and letter stock of notification (par $51 its subsidiaries at to $2.50 with be per Offshore Louisiana-Delta " corporation This June this Of the offered share. filed 1957, covering stock, 245,281 5, a New Corp., Orleans, La.— Exchange Commission—statement registration with the SEC • on 346.289 shares of its 2c par common stock. shares represent approximately 50% of the outstanding common stock of the company which are to for public sale by the present holders of the common stock (with the exception of one employee). The remaining 100,008 snares are to be offered for public saie and for the account of the issuing company. The public offering price and underwriting terms of the two offerings are to be supplied by amendment. Smith, presently be offered of the company listed As Co. is Barney as the principal underwriter. 31, 1957, companies, Louisiana Offshore Drilling organized ia January, 1956; Delta Offshore Drilling Co., Inc., a Delaware company organized in October, 1955; and D. E. Vasser, Inc., a Louisiana corporation organized in October, 1952. Its principal business is the drilling of oil and gas wells for others on a contract basis in the tideland waters off the Gulf Coast and in the inland waters, bays and marshes adjacent by corporation was organized under Delaware law on May consolidation the Inc., of Delaware a three company thereto. will of proceeds be added company from general funds, to the its to it3 be sale of the used for 100.008 shares general corporate to retire $1751,000 of its 5% debentures. These debentures Delta Offshore Drilling in November, 1956, to those stockholders of that compai'.y who had guaranteed bank loans of that purposes and were sold by company in order to provide funds to which meet final construction costs placed in operation - in under constr iction a drilling barge expected.Jto be* delivered in the fall of 1957 and which is expected to cost $3,700,000. It has already paid $325,409 of this cost and has arranged for the financing of the balar.ee of the cost -lor its drilling offshore November, ' SEC underwriters As Russ Co.. under and ThereofC exerclse of warrants issuable in the event of redemptioxi UNDERWRITERS—The —* — Rauscher, Pierce As Co The $ $ " 2100. Period End. Railway * 127,941,047 _ 185, 1957-20 Wks.- -1956 1957—4 Wks.—1956 ■ $ con¬ but excludes 1,501,431 shares conversion of the cumulative converti¬ for agreement . Registers With Securities and shares outstanding underwriter. prin¬ merger, plan loan a and "the selling stockholders are as follows;,.y.-, :;^, ' ' yy' y 7;v-,;,v y7-.'. vy Shares " Shades from1 ■■ from Company ,y. Selling ■;:y f\"y : Stockholders Underwood, Neuhaus At Co., Inc 16.665 8.335 Courts & Co 2.800 1,400 ! Dewar, Robertson and Pancoast ;— 2.100 1,050 Equitable Securities Corporation 3.667 1,833 First Southwest Company— 2.800 1,400 Fridlcy, Hess As Frederking 1,667 • - 833 Howard, Weil, Labouitse, Friedrichs A: Co.* 2,800 1,400 Milwaukee Company 2,800 1,400 Moreland, Brandcnbcvger, Johnston A: Currie 1,333 667 Moroney, Beissuer A; Co 2.100 ^ 1.050 Muir Investment Co 2,100 1,050 of 300,000 shares of capital stock public of exchange¬ aggregate subject held preferred stock and 1.000,000 shares reserved under of $1,000,000 '.y .V\V7:y-v,.'.y y Net 166,099 294,566 shs. y agreement Incorporates prepayment requirements and- restric¬ working capital. -y-;'- /■" .• y 'V-: Railway Kroger Co.—Current Sales Up— conditions, ^Includes such 1957, and an equal joint and several obli- the $1,000,000 500,000 shs. ''i; ■ • gross corporation shares April fmononL^tne two companies, was simultaneously paid. $3° 000.000 collateral trust bonds - The SEC covering shs. 122,997,303 shs. obligations stock. February Outstanding *$1,000,000 value)—*— par principal amount Period End. Enterprises, Inc., Hayward, Calif.—Files— Kiassen *25 000 000 $50) „„**__ corporation's was (par Authorized company 2559. ^6o!000,000^ 1969— preferred stock /•yyy-VV'' — ($6 PRESENT FINANCING GIVING EFFECT TO ago.—V. 185, p. 720. year the FINANCING * series a Long Island RR.—Earnings— 185, up period same the PRESENT ; convertible collateral amount TO (par S4) Co., cipal for $5,996,000 EFFECT to due bonds, f cumulative -"The GIVING 5%% Other debt Common and and UNDERWRITERSt—The names of the* underwriters "arid the 'number of shares which each has severally agreed to purchase from the - ; Inc. below.—V. oil royalties for the first four months of 1957 $243,000 cr 3% from the gross of $7,278,000 for the prior year. Royalties for the month of $1,723,000, compared with $1,632,000 lor the same month company's The were company; CAPITALIZATION 43.'»% figures earnings. company 1957 bank, both dated March 14, 3957; The note is payable' semi-annual installments of $100,000 with' interest at 10 . tax 19, March on made on June 5 by Blyth & Co., Inc. at $13.50 per share, with a dealer's concession of 50 cents per share. It was completed.—V. 185, p. 2559. Land Co.—Gross Royalties Up— Kern County com¬ amounted to $14,971,000 after a credit on Federal income and its equity in earnings of unconsolidated affiliated companies the-period from March 16 through Dec. 31, 1956 was approxi¬ for (adjusted to reflect ♦Represented by a promissory note payable to The Chase Manhattan Railway for the year ended Doc. company 1956, paid was f , share per , loan stock Common * , cents 25 split) '-vyy. bank Term of dividend. ondary offering Chemical A: Allied See a EARNINGS—Net earnings of the ^ Sold —Mention cents per share was declared on April 26. 1957, before June 30, 1957 to stockholders of record as of Purchasers of the stock just offered will not participate "i.yyyV 348,637 2216. Electric Energy, IncJ— com¬ $483,000,000. zl, or CAPITALIZATION $810,005 88,848 inc.— oper. p. former Steel Corporation, 80% controlled; Corporation, 45% controlled; and Per- controlled. Stock 10 of the offering to the 25 on May 1, in this $5) Kaiser are Chemical & Cement 185, $487,173 275,453 Kennecott Copper Corp.—Affiliate to Build— engineering and construction business and is major producer of sand and gravel in the San Francisco Bay Area. Kaiser stock five-for-one payable 1957—4 Mos.—1956 1957—-Month—1956 $463,571 241,698 from ry. oper. railway —V. substantial a or shares, controlling 100% owns Henry J. Kaiser Co. and Willys — atomic . Kansas, Oklahoma & Gulf Ry.—EarningsPeriod End. April 30— ; It rated capacity."—V. to exceed vx Kentucky Utilities Co.—To Increase Stock Interest in indirect and companies. 18,680,643 own stock. common has affiliated to stock the of continue will 81.3#, of the corporation's or sale the months of April and May, ingot pro¬ 185, p. 1749. For the $55,000,000. Railway oper. revenues** Railway oper. expenses Net, will be re¬ ceived by selling stockholders. Of the 900,000 shares, some 759,800 are owxied by Kaiser interests, and the remaining shares were acquired by stockholders of J. A. McEachern. Investment Co. following its merger into the corporation in May, 1957. After the sale of these from proceeds of dividend DIVIDENDS—A dividend ■ - ' Railway M. Loeb, group a The Carl and headed 11 June on Mississippi River. continued k either use , details follow: high level of production that characterized the company's oper¬ ations throughout 1936 has continued into 1957," Edgar F. Kaiser, Vice-President said. "For the first quarter of this year, production at the Fontana steel mill was above rated ingot capacity and sales reached duction Boston the of which public of 100,000 shares of common stock (par $6) at $16 per share, through Underwood, Neuhaus & Co. (Inc.) and associates. It was quickly oversubscribed. Further "The a 2672. p. the company's capacity—from 1,536,000 ingot tons per to approximately 3,COO,Goo tons a year. Upon completion of the expansion program in 1958, Kaiser Steel will be the largest steel pro¬ double year ducer 1 , Shipbuilding Co. Rowles, The corporation's current $194,000,000 expansion program, ihe largest expansion of an industi'ial plant in the history of the West, will virtu¬ ally 1,903,234 that it is building-an undis¬ "Corporal Loaders" lor delivery to made in our issue of June . vide * 6 announced radar-guided Levingston was Rodman Steel Kaiser June on missiles, conventional warheads.—V. 385, p. 1517. Rotan, general $4,151,817 . ; Ac Co.— Jones *51,633 the Lawson, Levy . $2,709,093 6Jo,225 missile-wielding of "Corporal" with 2.000 2,000 1,500 1,500 Ac S. June 5,000 Johnston, Lemon Ac Co $1,277,232 powerful vehicles are used, to pick up, transport, ^and erect the The sleek in 1,000 1,000 1,000 i,000 Evans t 2333. Government. British Bank Co. Inc.*, Iless Ac McFaui*.—:_**_** 5,000 5,000 5,000 corporation number 2,000- Bluukenship, Gould Ac •; Blakely, Inc.' *——— Campbell Ac Robbins, Inc.* 5,000 —— 2957—4 Mos.V-1956 . $6,124,727 $22,543,041 $23,236,482 ; 4,847,495 '19,833,948 19,084^665 LeTourneau, Inc.—Has British Contract—A (R. G.) The 2,000 2,000 Stix Ac Co.* — Charles J. Eubank Co., Inc. Wugenseller* Ai Durst, Inc.* Ac Co.— Ac Co., Cha])inan Ac Co.—. Ac 2,000 2,000 2,000 Pacific Northwest Co.— Reinholdt & Gardner***— 7.500 ' 5,000 5,000 J 5,000 . Day 185, p. \ *120,712 Inc.— railway oper. •Deficit.—V. 2,000 • 7,500 Trask Ac Co.— Anthony Ac R. L. Spencer Tucker, Inc. Newburger Ac Co.— / • $548,867 Net rev. from ry. opers.' Net the Ac Co.— Co ? $77,300-. -$267,827 526.744 ' :, 568,592 k 230,340 . $2,365,656 2.097.829 2,199,902 $152,268 • . $5,520,970 4,972,103 revenue** oper. closed *.._*_.—— Wood E. Ac Co. Ac Co.—**_—**— and V 1957—4 Mos.—1956 1957-—Month—1956 oper. •» 2,500 2,500 2,500 2,500 Frank, Meyer Ac Fox Stem, 7,500 Co., ' 200,308 Railway 2,500 * 7,500 Ac $107,663 inc.— V Railway 2,500 Inc.— Allyn Ac C. Bache general for : Co.**—*——* A. used $2^27t,202 $092,416 540,148 Lehigh Valley RR.—Earnings— 2,500 Co.. Roney Ac ry. oper. from 185, p. 2333. Period End. April 30— 2.500 C. Wm. expenses railway oper. —V. 2 500 Renshaw Ac Rodman 1^57—Month—1956 $652,510 544,847 revenue— oper. Net rev. Net 2,500 Inc. 11.000 Co..**—*— Ac > : • Inc. Webker, Jackson Ac Curtis v.***^.**-**— SUberberg erence Joseph, Paine, Wertheim Ac: Miller, Mellon 11,000 11,000 Co.—******* Lester, Ryons Ac Co — J aurenct* M. Marks Ac Co, Ac to be ore 206. p. New England RR.—Earnings— Lehigh & * Jlallgarten The proceeds 181, Period End. April 30— . First 1957—20 Wks.—1056 \ $ S -_*4 sales Retail 1 Rhoades Ai Loeb, underwriting is involved. corporate purposes.—V. Boenning & Co.—____ 2,500 Brooke & Co—:_—***.:_*_. 2.500 75,000 75,000 Corp.—* No 8hares ? Shares Boston Elworthy Ac Co Inc.—Current Sales Up— Period End. May 18— of Witter Ai Co——i** Dean Francis I Jewel Tea Co., the selling stockholders the following respec¬ the common stock; from shares oi' numbers Central Republic Co. 185, p. 2672. —V. purposes tive „ consolidation in selling, services, administrative and general expenses the company will now be able to save ov<-'r $1,000,000 per year. These savings have already made themselves ielt during a part of the third quarter of the current fiscal year. "Further, 'through *' to purchase agreed . 1956. . The barge coirmany also has was Volume Number 5647 183 . . The Commercial and Financial Chronicle . t (2805) through a bank logn of $2,200 000 a note of a supplier for $866,000, approximately $.110,000 to be provided. from general funds of the and .'"■■■ company. The lists prospectus sailing 70 over vided stockholders. They They also preferred stock, company. 6% 10,518 own presently the of shares 11.600 outstanding of and substantially all of the bank loans of the company are guaranteed by certain of these stockholders. Persons .selling the largest blocks are as follows: Dudley S-, Blossom, Jr., 11,250 shares; Joseph B. Bruening, 11,250; Ben P. Gale, a director, 11,250; Alvin H. Howard. Board Chairman, 19,201; Moran Towing Corp., 10.875; Edward Lr Norton, a director, 10,125; J. Robert Norman, a director, 13,312; and Dave E. Vasser, .President, 20,830 shares.* The $100 ; par; of Louisville - the company.—V. & Nashville Period End. April 30— Railway oper. Railway Net Net —V. 185, 1957—Month—1956 payment 2449. p. Ludlow • 2673. The SEC 9,285,694 5% for redemption bond# due April June on and 1, i960 at Inc., of New corporation cents June on 800,000 filed 3 shares of letter a of See Reliance Typical of previous experience types of building blocks. units operations, integral in and the all technology complex «fe Engineering Co. announced was be of ;. - Pacific & Co, National of San 185, Life that 5 Assurance Francisco and the Co. by negotiated was New) York.—V. 182, this variations, in when names Edison Industries. It is called the The all-purpose dictation at machine cars. or The his And by V. 185, or building blocks industries. process to- produce may only slight have different with used, are They different end even products.—V. 184, by ' the control dial 20 as box telephone persons remote-control! from the all-purpose of dictate different A "remotely" into system can 1957 • . revenues control their box Edison-made Gross scheduled The $2,611,743 2,280,794 operations $564,488 $592,143 3,218 Dr7,813 $584,335 _. revenues , income 55,809 income - to be in operation next be the first full-scale commercial of taxe it income Earned —V. of contained Services $0.65 cobalt for ancl Administration. A to "run in" its purchasers . Macfadder* Publications, Inc.—Partial Redemption— The subordinated be made will ment —V. Metropolitan Edison Co.—Bonds tor redemption on July 1, next, $500,000 debentures due July 1, 1968 at 101%. Pay¬ art & Co. Inc. corporation has called 6'k its 183, the at First 1475. p. National City Bank, New York, N, Y. : Co & group Mack One Trucks. Inc.—Opens Sales-Service Center— ... the largest heavy-duty truck sales and service centers in the featuring a unique new design concept, was opened by this corporation on June 14 at Albuquerque, N. M. ol Southwest, -Departing from the traditional T shape in mon America constructed is structure showroom A and for truck motor for in the truck new form of models, a Y. along parts headquarters, occupies the extending along both wings. a or and sales top rectangular design com¬ depots, the new service 1 for structure new Mack was built of the Y with a the service distributor of new to carry a complete line of parts pany Amplifiers, Inc.—Elects New Officers— corporation on June 10 announced the election to the Presidency Harold A. Goldsmith and Executive Vice-Presidency of Herbert The of By a Board of Directors resolution Executive Vice-President are set up to Herz, both formerly Vice-Presidents. of offices the and President yearly basis between the two founders of the company. S. M. Kellen, formerly President, was elected Chairman of the Board of Directors. The corporation's main office and plant are locted in rotate New on a York N. Y. 55, Calif.—V. 185, p. It also has a West Coast Division in El Segundo, 2449. Period End. Railway oper. Co. Inc. bank 1,805,132 ,1,746,308 7,552,602 7,086,873 Net —V. 185, p. oper. $578,695 ops. » 229,832 *. inc._ » $685,943 264,918 $2,724,183 1,015,126 $2,515,042 994,454 2216. - & Iowa & Canada Ste. of introduced automatic to Ltd.—Mill Starts Operations— 100,000 F. 150,000 Stifel, Co 15 by this company, a subsidiary largest steel organization. $20,000,000 mechanized mill, located en a 35-acre site, is in a windowless steel building and will produce seamless tubes steel from tons of rounds in tubes half-mile Seaway, a "push button" operation at the rate of 225,000 annually, said Dr. Gerhard Wagner, President. Located St. Mary's river, a vital link in the St. Lawrence from to ship its products by water trans¬ Mannesmann will be able Texas oil fields via Chicago and the Mississippi River Despite extensive automation. Dr. Wagner pointed out that aside from a few key men from Germany, the entire staff has been hired and trained locally. port to The built of the Foundation the giant existence, Co. at from major White, Peabody & Weld Co. & its and sale construction case, of J. bonds the and they have names respective severally and as follows: of the program and be J. Barth Baxter Kraus—_ & to repay & & Weeden 250.000 Co Co. Fahnestock of First of <fe —V. ♦he 185, Co. Inc & Parke Shearson, of Canada and several Canadian sub-contractors plant and installed the complicated equipment. Several pieces the only kind of built soecifically their type In for this new Ontario, pro¬ machinery in the plant are having been designed and Digitizedplant. Canadian General Eltctric for FRASER Co. of Peterborough, SEC tions. June to 1, time to the cost Corporation equal for taxes to 46 in the cents the allied of the in net first Industries, company on sales and net nine months a nine ended months share common Stokes 100,000 300.000 & Arthur L. subsidiary to common a based and the certification of 500,000 750,000 on an that out that production costs are now back to normal and development expenditures are behind the com¬ third quarter net sales approximated $2,850,000. South Utilities, Inc.—To Sell Electric evaporation have 6, sell to applied its Kentucky and Kentucky to stock the for for SEC interest Utilities Utilities $675,000 an, order shares) (6,200 (plus it Co., was Energy, announced authorizing on Middle Inc., in electric Energy, interest at 5% from May 1957). Commission has scheduled these matters for hearing June pending on ac¬ acquired Co. not subject to SEC approval.) reserved Jurisdiction question whether such In to acquisitions authorizing such purchases, the determine at a later date the "will serve the public interest by tending towards the economical and efficient development of an Integrated public-utility system," as required by Section 10 (c) (2) of the Act. The Commission heretofore ordered proceedings, now pending with respect to this reserved issue, with which proceedings the applica¬ tions with respect to sale of EEI stock by Middle South to Kentucky Utilities have been consolidated.—V. Minneapolis-Honeywell 150,000 185, p. 2560. Natural sell future Gas $30,000,000 net electronic ordinarily brain that Regulator in processes a Co.—New few minutes test Product that data requires days and even weeks to compute will be produced this company's Industrial Division, it was announced on June 10. The processing system, a two-part unit known as the Instrumenta¬ tion Digital On-Line Transcriber ("IDIOT II"), was designed and by Co. of has first property addi¬ $13,000,000 of developed by the Rocketdyne division of North American Aviation Inc which Pipe Line Co.—Bonds Offered— Halsey, Stuart & Co. Inc. and associates offered on June 13, subject to SEC clearance, $30,000,000 of first mortgage pipeline bonds, 614% series due June 15, 1977, has , licensed Honeywell to manufacture and sell the e<|uipraent. being used by Rocketdyne to record data during test runs of engines being built for guided and ballistics missiles. Henry F. Dever, Vice-President of Honeywell's Industrial Division, It is currently said the tion at sures Michigan Wisconsin taxes 150.000 American issue 30 304,119 2899. p. Wright & Co. Inc. ot April the on by union Electric Co.; 20% by Illinois Power Co.; 10% by Middle South; and 10% by Kentucky Utilities, pursuant to Commission orders. (The remaining 20% was acquired by Central Illinois Public Service !> Co— Walter of 195/, according to Kirke W. he Commission 600,000 Yarnall, Biddle & Co.— by and 40% 1,750,000 Hammill & Weeden & Co. Inc. authorization time 150,000 1957; and the applications have been consolidated with proceeaings with respect to EEI and the several companies which quired EEI stock in 1951 and 1953. Stock of EEI was then 500,000 will be used to pay off outstanding bank loan approximately $7,000,000 and to finance part of construction during 1957.—V. 185, p. 2449. and automotive start-up costs for the reduction 24, 300,000 bonds, indebtedness the Middle 250,000 due 1982. The bonds are to be offered for public sale at competitive bidding. Of the proceeds from the sale of the bonds $12,000,000 will be deposited with the Trustee and withdrawn from 1 anticipates a more satisfactory fourth quarter increased proposals and modestly increased bookings. added 183, South Thomas <te Company * Van Alstyne, Noel & Co. 150.000 400.000 400,000 500,000 company,' a mortgage 100 000 months Federal start-up and He Tms Michigan Consolidated Gas Co.—Financing Approved received Co. Wright & Co., and Hone nine said pointed the An This 750,000 & new 150,000 — Co. 2G73. p. alter of also pany. Rooerts 600,000 Co Arthur L. period ended April 30, the $141,357, view that 250,000 Poole, 500.000 Sons & Illinois Inc Wood share in Co.. Inc. 150,000 Corp.—— Michigan Corp. & Co.l Hentz Co., 500,009 Co Freeman The & —— Schmidt, 300,000 Iowa Colket & Co. Pollock Inc. 500,000 300,000 Co. & E. Inc. the by responsible the Connor The Salomon Bros. & Hutzlcr Co & 750,000 300,000 after Federal He Raffensperger, Hughes & * 150,000 Inc & 350,000 1956 the Mr. 500,000 E. Wm. 500,000 Steele Co Inc outstanding, and compared with net income Hanseatic Corp. 250,000 Inc,__ " development for was 150.000 ;____ York Penington, 500,000 & Co. Mullaney, Wells & Co.__ Denton, Inc. Co. & Co., Co. , period of $652,342 or $2.15 equal number of shares outstanding. short- $150,000 New 750,000 Corp. & in & 600,000 Byrd Brothers & 200 000 Strauss Harold were year, sales income Kirkland, Grubbs 600,000 ; Co._. Co & Burns Bros. Fauset. ot McMaster Hutchinson 400,000 Company Blair Burnham Evans purchasers Keir & 600,000 & Co & William 100,000 Inc. Stock— $4,350,000 Eurge 250,000 Co & shares principal amounts bf the new bonds which not jointly .agreed to purchase from the Jenks, Inc. S. 200,000 Micromatic Net used are Halsey, Stuart & Co. Ball, of fiscal —V. several & Blosser Van Alstyne, Noel & Co. Joseph Walker & Sons_ Wallace, Geruldsen & Co., cut-backs with orders last will loans, PURCHASERS—The 750,000 Co., period ended April 30, 1957, totaled $8,307,537 compared with $10,235,257 in the corresponding 1956 period. ;• bonds the Co &; Connor, President. redemption prices ranging redemption prices ranging from the 1,000,000 Micromatic Hone Corp.—Sales & Earnings Lower— regular special 200,000 Co._ 2673. p. Expenditure coupled complete industrial automation when the steel tube plant was opened at Sault Marie, Ontario. Canada, on June The proceeds 185, & Stokes Stroud 1,000,000 —V. &; ; 500,000 Co. Gardner Nicolaus Inc.— & & Smithers 250,003 Net interest in each S. Co. Inc. Co., 100,000 Co.. McDowell 500,000 Kidder & Inc. Straus, & 100,000 500,000 Walter M. Pollock Rothschild 250,000 —__ Lemon 250,000 & Salomon Bros. & Hutzler 1,000,000 Schwabacher & Co. 250,000 Shields & Co 1,000,000 , 750,000 Inc.— F. 400,000 seamless Germany's housed a was first at E. Gooubody & Co 500,000 Green, Ellis Anderson 400.009 Gregory & Sons 600,000 Ira Haupt <fc Co— 500,000 Hayden, Stone & Co.___ 1,000,000 & Co 100,000 L. 600,000 Corp Co 500,000 Copeland Inc. Reinholdt ; Co., Marshall & Hanseatic Inc. duPont & Co. Edwards, 250,000 150,000 Wm. 1,000,000 — of 100,000 Cc._ of Peters, & — I. & Penington, Colket & Co. Writer & f Christensen, Inc. 250,000 400,000 Dickson Currie Co. 100,000 York Kendall, & Davis & 5uo,uuo which offered follows; as 200,OOd B. W. Pizzini & Co., Inc. Corp. Merle-Smith income Kidder, bonds 500,000 Wells Patterson, 100,000 —______ Cullom & J. A. sidiary of General Public Utilities Corp. H Mannesmann Tube Co., world's redeemable and Gregory from ry. rev, railway 5s, Ca co Corp. Pacific Northwest 500,000 Korinetidi Edison Company renders electric service to all or portions of four cities, 90 boroughs and 154 townships in eastern and central Pennsylvania. The company also supplies steam for heating to portions of York and Easton, Pa. Metropolitan Edison is a sub¬ First Net for 100.63; agreed new Omaha 400,000- Co Johnston, BUSINESS—Metropolitan & 1957—Month—1956 1957—4 Mos.—1956 $2,383,G27 :,.$2,432,251 $10,276,785 $9,601,915 rev._ all Inc.. & National New 1,000,000 750,000 Co.___ Securities Hirsch 100.309. plus accrued Clayton Securities expenses bids, of $250,000 Masten Johnston 1,000,OOj Inc <fe Freeman 100.57%. Cunningham, Schmertz RR.—Earnings— April 30— operating Railway be of Co., by the company for its 1957 Courts Central Maine & par, par, PROCEEDS—-Net company Magnetic will to to other (jointly), bonds 106% 101.50% term Co., II. E. Leonard, Vice-President and building will enable the com¬ to serve all of New Mexico, and provide additional room for the firm's expanding market in the State. Located on a 10-acre plot, the new truck depot contains approxi¬ mately 30,000 square feet of floor space surrounded by some 90,000 square feet of paved parking areas, ft.replaces a smaller leased struc¬ ture in the city formerly occupied by Leonard-Mack.—V. 185, p. 2673. equioment in New Mexico. Leonard-Mack, said the Director The from bid a Blyth Co. • the I eonard-Mack for & on three were 101.389; Drexel with administrative offices facilities The There Co., 10 severally & Coe Milwauxee The 200,000 First the bonds sale June have . amounts Mullaney, - 750,000 & Co. & Foster of first mortgage bonds, 4%% series due 1, 1987, at 101.50% and accrued interest. Award of was won by the underwriters at competitive June due of Incorporation to shares from 310,000 McDonnell & Co 500,000 & Co Brothers Inc. Offered—Halsey, Stu¬ a E. A. - 600,000- Becker & S. R. ' .'.Mackall . 150,000 G. $19,000,000 ; v? June 11 headed on with Moreland, Brandenbcrgcr, & Francis > . Ladenburg, Thalmann & of 340,000shs. 150,000 Bachc R. • below named the company the principal their respective names: Co. completion upon 30,000,000 accordance The Shelby the process which plant in 150,000 Dick stockpiling by the U. S. General first shipment has been received by Metal¬ Resources, to be used July.—V. 183, p. 993. issuable are 400,000 metal- defense lurgical In •_ limit $2,450,000 Courts granted in Canada, Belgian Congo. Morocco, Rhodesia, and in Belgium. The corporation will obtain cobalt concentrates from Canada, principally from Cobalt Consolidated Mining Corp. at Cobalt, Ont. that has just completed delivery of concentrates with more than 2,000,000 $268,676 409,500 shares) $0.63 vi ,vV'. Vw::- ,4- .v;v.",V:"J- < on 2100.. p. this Peck & Clayton — Invented by Dr. Harley A. Sill, veteran mining engineer and metallurgist of Los Angeles, as a result of eight years of research pilot-plant testing. Patents covering the process have been 265,170 $258,634 - share per 185, from opposite Inc. Byrd pos¬ and 50,489 253,263 : *$44,410,000 v: §340,000 shs. 'V forth A. at rest : ; - '' Outstanding Allison-Williams Co. Arthurs, Lestrango & Co. Secretary. will PRESENT- FINANCING 340,000 Burnham Newburgh, N. Y„ according to M. Kaplan, month, 12 year. purchase Blair company has This lbs. Net within Cruttenden, Podesta site TO . Bear, Steams & Co V for phones. metallurgical the and net Income :/'V-' company proposes to amend its certificate its authorized common stock to Baxter — installed the revolutionary Sill process for treating "problem" ores, with high contents of arsenic and sulfur, from which cobalt and other strategic metals arc obtained. •*". 2,019,595 ___ Interest Federal bonds Bulge ^ Kraus Barret, Fitch, North telephones, makes > $1001 L__i Ball, 1277. p, Assistant $567,706 from one Adams and firm, dictating EFFECT ' 1977 (pur PURCHASERS—The to . ^ was Income stock for company, ■< Metallurgical Resources, Inc.—To Open New Plant— . 195G $2,845,282 expenses Non-operating i": Co. unit clerical a into the $45,6G1,007 > shares. enables ■' . This corporation reports that its new processing plant, on a 20-acrc waterfront 423. p. Lynn Gas & Electric Co.—Quarterly Earnings— 3 Months Ended March 31— Operating series due §Tiie trains, on of aggregated GIVING : ; revenues 1957 natural gas pipeline system supplying natural gas to a Missouri, subject to the terms and conditions of the indenture. * tAmount shown excludes sinking fund maturities of $3,430,000 work paper even to •*/• , 6lAc/c Common . small a with many dictate to home, ranging and typing up as recording sible executive's an at memoranda. plugging it example, record prices financing Authorized mortgage pipe line bonds ___$500,000,000 33/n%. series due 1968__—i All-Purpose 1. v: " :,;T) machine with different attachments transcribe her boss' recording into finished to reports, hooking will conferences, • the . operates and operating <>!', company all-purpose same secretary letters, in desk, from > March 31, $3,941,304.- to CAPITALIZATION /■■■.' '4b JXv-;1'",.-1'- planes is Operating Iowa Halsey, Stuart & Co. A. redeemable, a-t proceeds area. ended ♦Additional dictating machine, perhaps the most unusual communications device ever marketed in tills country, according to this company's engineers, was released recently at the firm's West Orange, N. J. Voicewriter. on net ♦First new Thomas at optionally owns and Wisconsin, in that A a the Co. schematic all used of EARNINGS—Total polymerization. same Michigan, amounted Schwabacher by sinking fund de¬ maturity, ..The bonds will be prices ranging from 102.78% to be months par 916. p. V - a-semi-annual by be increase acquisition !.' > of ' BUSINESS—Company " - Blyth & Co.. Inc. of will 2334. p. fund be from . ^ below.—V. The competitive by the at also bonds / issue sinking set division, include heating and cooling, distillation, fractionation, con¬ tacting, "filtration, anu iuivent ex. raeuo »nc de oxidation, reduction, catalytic cracking, esterification, hyclrogenation, These the benefit par. McGraw-Edison Co.—New Dictating Machine-1- today, and with offered the entire wlll to at the company to pay $26,000,000 in bank loans incurred construction expenditures. Balance of the proceeds will used for construction now In progress.*' • * < Co.—Acquires Insurance Firm— June on bonds 16 utilities to the bonds finance within It built plants 109.14% in Co.—Proposed Merger— Electric for The Used, , per Matson Navigation ., translation same for ' have the PROCEEDS—Part City, 160,000 $8,000,000. The , of. the received 6Vis. as will the of bid of 100.709%. a was retire of notification stock common to York value par bonds from ' Exchange Commission, it was announced on June1* authorizing this company to issue and sell to i . permits on bid par. Co., ? order Master Electric New engineering-development facilities, to bridge the gap from laboratory bench to full scale plants for the chemical and petroleum industries were unveiled on June 5 by this company, which are engineers and constructors Jor the process industries. "The trend is toward larger, more complex production facilities for these industries," according to J. P. Thornton, President. "Engi¬ neering development can spell the difference between a rash gamble and a sound plant investment." ^ \ The new, 150,000-.square-foot Engineering Development Center in Newark, N. J., greatly extends the services offered by Lummus for almost three decades at its engineering laboratory in Bayonne, N. J. Unit processes and operations are the "building blocks" in chemical and petroluem plant design. Schematically, almost any new job can be considered as a series of relatively simple units. This approach permits concentration on one part of the Job at a time. And it also award won 12 other redeemable share), through Standard Securities Corp., Spokane. Wash, and Kellogg, Idaho. The proceeds are to be used for expenses incident to mining operations.—V. 184, p. 428. . . / Lummus Co., N. Y. City—New Facilities Bridge Gap— many One 30,"next, $19,800' 103 %,.■ Immediate?1 beginning June 26, 1957. Richland Trust redemption agent.—IV. 182, p. 2131. an covering (17'a ' . sale June proceeds will he used to finance in part, the construction expenditures for 1957 estimated at $21,600,000 —V. 185, p. 823." secondary offering of 10,200 shares of capital stock on June 6 was made by Blyth & Co., Inc., at $38.25 per share, not $38.75 as previously reported. See V. 185, p. interest, to yield approximately Dealer's subscription books have been closed. underwriters Mascot Mines, Inc., Kellogg, Idaho—Files With SEC— Sales Co.—Correction—The Manufacturing: & called its parent, The Columbia Gas System, shares of common stock at the 54,184,864 8,299,284 6%. The made The Securities $3,937,641 $12,332,256 $15,446,823 2,269,464 > be O.,0 is .12, has issued ■ $3,535,505 at 102.883% and accrued signed Manufacturers Light & Heat Co.—Stock to Parent—t $69,631,687 oper. 2,257,152 will Mansfield, 1957—4 Mos.—1956 58,196,590 "push Co.—Partial Redemption— aggregate inc.— rv. oper. Telephone company has of its' first mortgage '■y ' 13,431,987 this 100.52951', also Mansfield The RR.—Earnings— 15,043.215 expenses from. rev. railway 2673. p. $18,578,720 $17,369,623 $70,528,846 revenue— open 185, for necessary -V'; , Corp., Ltd., along with A. V. Roe of Canada; the Mclntyre Porcupine Mines Ltd., and a eroup of British investors repi*esented by the Royal Bank of Canada.—V. 185, p. 2216. ; holdings of the selling stockholders, alter such sale, will be 246,275 shares,., V--■ * ~r :■'-■ ;« The company has agreed to sell to Smith, Barney & Co., for a price to be supplied by amendment, warrants to purchase 25,000 shares ' .' Mannesmann International Corp., an associate of Mannesmann, A. G., has recently acquired a substantial interest in the Algoma Steel • combined common majority of electrical installations wonder. , • 402,556 of- the 499,992 outstanding shares of common stock of the own the hbutton" • 9 electronic one and "This time brain in can handle measuring such 128 separate conditions as pieces of informa¬ temperatures, pres¬ strains. information is absorbed as electrical signals which the brain converts into numbers and records on magnetic tape at soeeds of 10,000 and upwards numbers per second with extremely high accuracy," he explained. "Through an electronic playback the recordings or readings are ' Financial Chronicle The Commercial and in an " Production The firm's Beltsville, data record¬ - Co.—Sells, Leases Properties— This company has sold three Industrial properties, located in Indi«napolis (Ind.j, Dallas (Texast, and Lansing (Mich.), to Julius Epstein, Chicago investment banker, at a price of $1,300,000, it was announced Minneapolis-Moline ftftftft 7ft June cn Monday, June 17, 1957 . A A modern office display and warehouse structure of 61,000 equate feet at 6500 Denton Drive, Dallas, Texas. It is located on approximately a four-acre tract. (3) A modern one-story office and warehouse structure involving 21,265 square feet at 2822 De Witt Road, Lansing, Mich. It is located on a site of two acres.—V. 185, p. 2560. (21 Railway Net Net revenue— 1,523,649 $1,822,640 1,354,117 ops, $643,063 $468,522 inc._ 194,680 187,994 oper. from ry. rev. railway —V $2,166,712 expenses oper. Railway 185, oper. 100.000 shares. common new oner, revenue— Railway oper. expenses- froth Net rev. Net $458,793 $2,363,851 347,280 103,055 rescission to be are - % offering, see V. 185, p. oper. revenue— $528,354 oper. expenses- 271,256 $548,904 250,400 $1,814,294 1,100,254 $18,937,207 $16,731,046 12,852,261 11,178,582 Federal income taxes-—, 2,042,838 2,000,729 Other operating taxes— 1,495,625 1,301,305 $1,685,901 1.063,763 Net rev. from ry. opers. $257,098 $298,504 $714,040 $622,138 railway oper. inc.— 130,731 149,831 377,095 per 2673. —V. 185. Plan" has been filed with the "agreed plan" would give share of present $1C0 par $7 cumulative preferred stock with accumulated divi¬ share Dec. 31, 1956, $100 of certificate 75-year Income debenture due 2032; a $100 "certificate" constituting a charge on income of 1957 and subsequent years; and one share of common '—V. 175, dends of $159 per plan, The stock. would be effective approved, whenever Miajni, Fla.—— Equipments due Jan. lien Prior i— ft 1, 1962 1978 5s due Jan. 1, —— oper. fixed Total expenses- Net Net .ft; Certificates , '-.of gross revenues or $2,000,000 capital fund of is set up but A , iStated value $5.. value $32.42, ♦Stated whichever is <0 "earnings" on the debentures are to be calcu¬ Interest on the adjustment 5s should be mandatorily payaole if any Interest is "earned" on the debenture * 6'/2S. Interest on the debenture S'ys is cumulative to the extent earned in any one year up to 5/ft but not, to exceed 10ft. at any time, and is payable only in the discretion of the board of directors.—V. 185, greater, p. deducting this fund. before lated Missouri Pacific RR.—Stephens specializing a ft'ft.ft , .'/ft oper. Railway oper. Co.—Registers With filed expires in May, 1958, tendered his with liis acceptance of the post of Secre¬ In fr.T«"ction of the Treasury. resignation tary APRIL r'OR EARNINwO Railway oper. revenue— Railway expenses- oper. FOUR MONTHS FIRST AND « • ■ —V. 185, 2560. p. Service Gas Mobile The 3,322,077 2.984.259 inc ooer. Corp.—Bonds 12,705,966 ... - . 11,897,480 in April placed privately an issue of $1,- company 500,000 51/4% first mortgage bonds due 1982 of institutional investors.—V. 184, p. 2016. 1957—Month—*-1956 Period End. April 30— Railway oper. oper. $1,925,102 1,539,386 revenue— Railway expenses, Net railway 135, —V. oper. $1,95?.406 1.549.963 1957—4 Mos.—1956 $7,480,582 $7,631,364 6.170.962 $1,309,620 $1,437,153 172,330 inc. $407,443 146.115 420,541 491,219 2673. p. Ry.—Earnings— vegetables, bakery and dairy Railway oper, 1957—1 Mos.—1956 revenue- $587,945 $647,034 $2,203,258 $2,206,362 expenses 368,820 351,920 1,441,832 Net $219,125 185, Income 2217. p. $295,114 $761,426 $889,529 42,674 ops. oper. ry. —V. ry. 134,852 35.050 361,520 Federal date maturity extend Commission gating $3,000,000 of two has authorized short-term this promissory company notes Issue S8.500.000 of of with City Bank were of New commercial bank notes York. rate of The notes will be renewed at the prime interest prevailing on the respective renewal dates. The Ohio, Associates, Inc.—Registers the underwriters are warrants The stock. said it expects to Issue permanent securities in the amount of $10,000,000 during the summer of 1957 and that it will apply the proceeds toward payment of all its promissory notes. now aggregating $6,500,000. and toward partial payment of Its 1957 construction program. The- company said it requested the extension since the contemplated Issuance of securities may not be completed until Aug. 1, 1957.—V. 185, pp. 28 <3 and 2560. ,$352,606 , ', 93,825 Cit/, • ft : feet of space at 34-story air-conditioned 54,000 square tile announced was on June by 4 Mmskdlf Sam office, will give the third floor .and most of the second for J: an-J Vincent J. Peters, Vicerenting and managing agents, the entire company Leone were be stock after prices depending upon operating Railway 'oper,- V1 Net Net oper. 185, for both the notes and With SEC Securities and Exchange $1 at The operations. & 219,288 from ry. rev. 185, expenses Issuance p. ops. inc.- oper. $1,035,526 ft 358,630 by on Railway oper. Net Net rev. 1958-1972, :^role coupon, Inc.'s 98.6816 4.75*7 cost due raise the money pri¬ to 5.50'ft, according to maturity. Salomon's bid and stated that the certifi¬ for further bids. Fmancine of the 1,000 freight car purchase wil be done privately, officials said. "We are near the end of our financing for this year." said W. R. Grant, Vice-President for finance, "and there probably will be no more equipments offered for New York Central in 1957." company the refused June 7 by the on the for Angeles <Calif, i Division has been given a intercontinental ballistics missile program with Martin Co. that a subcontract has construction of ground equipment for the Titan Los nation's awarded ft , Inc.—Awarded Subcontract missile. Ray Rice, General Manager, said ft " work will begin immediately on the aluminum trailer like bodies—which will be used to transport and contain the Titan on the ground.'-The Titan is one of two intercontinental ballistic missiles urider units—large transtainer will be capable of delivering Force. It target U. S. Air warhead to a the by thermonuclear 5.000 miles away. . ■ * missile, the Atlas, are being division, Rocketdyne.—V;, 185, Engines for the other Air Force ballistic & Hutzler bid 98.757 for the certificates with a which was slightly higher than Halsey. Stuart ft: Co. offer for the same coupon. Re-offering rates were to would not be re-offered , corporation's in 86,097,982 $24,885,871 $21,962,139 3,207,807 12,827,879 11,449,187 $7,320,968 3,659,154 ft ft the announcement been Bros. 512cr ops. inc.__ ry. North American Aviation, ft ' produced p. by another Atnerican North 2561. , . Fuel & . i , . Northern Indiana Light Co., Inc.—Withdraws Application to Construct Pipeline— that the construct 35 June 6. The company said it operates wholly within the State of Indiana and is fully subject to regulation by the Indiana P. S. Commission. The company sought FPC authorization to construct and operate 35 miles of 10a4-inch pipeline at an estimateed cost of $870,000 to supply Federal • natural ber. of to 12 ordered It any* 4 announced Indiana communities. The Commission, in Decem¬ Eastern Pipe Line Co. to supply gas to 181, Illinois stockholders June on by this corporation to would become effective Panhandle Indiana.—V. Northern The Commission application pipeline, gas gas 1954. Northern $100 Power an natural of , Salomon from 185, p. 2561. The inclusive, and determined to vately. MONTHS FOUR FIRST AND revenue. operating ry. —V. $1,596,233 607,520 June 11 refused to pay the 5.655rr interest best bid for $6,450,000 equipment certificates, APRIL FOR 1957—Month—1956 1957—4 Mos.-^-1956 $21,978,863 $19,881,351 $83,450,448 $76,943,991 expenses 14,657,895 13,783,369 58,564,577- 54.981,852 oper. withdrawal the ft' ft,- aggregate issue $17,000,000. cost EARNINGS Central RR.—Rejects Bids— Y'ork 98.477"f for the certificates; also as 41sS. are subject to authorization of certificates Period End. April 30— 2217. company demanded 5.30%, accord¬ the group on June 13 /x ft 1 ; - Commission, Commerce Railway — 1957—4 Mos.—1956 $3,805,637 $4,080,570 2,770,111 2.484.332 223,333 r will be secured by 2,009 hopper cars estimated ' ft ft ' , Participating in the offering are: Dick & Merle-Smith; R. W. Pressprich & Co.; Eaxter & Company; Freeman & Co.; Ira Haupt & Co.; Wni. E. Pollock & Co., Inc.; and Shearson. Hammill & Co. Hie to notification with the $578,672 $320,047 123,417 the of sale and Interstate development , ' Salomon Bros. & Hutzler bid the Corp., Dover, Del.— 1957—Month—1956 $1,035,547 $1,127,229 715,500 548,557 semi-annually maturing certificates, trust its bid of 98.5779%. on the common Commission Ry.—Equipment Trust Certificates ing to maturity, were awarded to Northeastern RR.—Earnings— revenue oper. railway The $721,654 certificates, priced to yield from 3.90% to , . Period End. April 30— cates * $825,123 1, 1957 to June 1, 1972, inclusive.; This is the first instalment of an aggregate not to exceed $12,900,000. The a 1, 88,483 Dec. ipar 10 cents i to be share, through Willis E. Burnside & Co.,- Inc.. New proceeds are to be used for; expenses incident to per Y. N. July ,ft -ft ft, 56,712 ft,-ft 303,703 $195,970 $271,186 equipment evidence the right to at the rate of 50 shares foreacn$500 S?ut. 2. 1957. and due June 15, 1962, the time of exercise,- which price will corporation on May 31 filed a letter of 300.000 shares of common stock New 7 , 2218. p. Norfolk & Western was covering The ; , 1957—4 Mos.—-1956 $3,699,784 $3,455,185 2,874,661 2,733,531 . ops. ry. on Offered—Halsey, Stuart & Co. Inc. on June 14 headed an underwriting group which offered $4,320,000 of 4^8% ; statement with the SEC on Cornelia Extension Copper Files With Net .. income.. from rev. ry. —V. expenses SEC ftv'u-:* -.^ftft' 1957—Month—1956 ft $912,639 ft' 765,229 •- ft. 716,660 $1,036,415 rev._ the of its $1 par common stack,-to "Restricted Sto"k Opt,on PL n" to Ry.—Earnings— Period End. April 30— Railway ";ft ft-"'; "ft..ft. shares company.—V. 185, p. 2102. Southern Norfolk This —V. 60,000 the "comoanfts under ft!*' ft Co.—Regis- statement ,with registration a certain employees of the and mining >;vft ' ft-ft: ^ ftft.^;-:., ft! ..'.'.'-.ft.'-.' company filed 6, 1957, covering offered be Approximately $5,000,000 of the proceeds from the sale of notes common stock will be used to retire current indebtedness, most of which was incurred for film acquisitions and the balance of the proceeds will be added to working capital and used for general corporate purposes, including repurchases of participation in lilm exhibition receipts. V. 185.. p. 2450. York. the Mlnskoi'f s ructu're, Tor half-million square feet of net rentable a. 'ft,-'ft'ft'? This , organized in August of 1952, and is engaged primarily in the distrbiution of films for telecasting. The films dis¬ tributed'include feature-length motion pictures, short subjects and film series and are distributed primarily to individual televis'on stations within the United States, its territories md possessions. Canada and. to a limited extent, other .foreign countries. corporation New than 2450. June amendment,- supplied by later The being completed now more p. ters With SEC— ft ft ft ft \ are 185, Newport News Shipbuilding & Dry Dock attached to the notes will purchase shares of common of notes, at anv time on or yield from company approximate leased ft::ft ft ft long-term leasing transaction; which the district miles for which the extension has been granted issued pursuant to this authorization. The notes were due 1 and Aug. 1, 1957, both in the principal amount of $1,500,000, an interest rate of 334ce and payable to The First National June 1,439,994 " Vft,*4,557 builders. in which will contain common aggre¬ April 25, 1956 had authorized the company to promissory notes to mature within one year of the The issue. $316,336 35,567 York New it space.—V. June 11,' 1957, covering $5,000,000 of 6ft sinking fund subordinated notes due June 15, 1962, with common stock purchase warrants attached. Also to be registered are 350,000 shares of the company's $.10 par value stock, at a public offering price to be supplied by later amend¬ ment. Cruttenden, Podesta & Co., of Chicago, OI11., Cantor, Fitzgerald & Co.. Jnc\, of Beverly Hills, Calif., and Westlieimer & Co. of Cincin¬ Net to Commission on The <-ft . corporation filed a registration until Sept. 1, 1957. date $112,175 ft-'.- has company Avenue, ft Foundations meat, poultry, fisn 185, p. 2334. Minnesota.—V. Railway Power ft 1957—4 Mos.—1956 $1,767,320 $1,792 600 was Railway oper. Montana-Dakota Utilities Co.—To Extend Notes— The .,-ft.ft'ift 356,007,1,450,984, 21,743 2217. p. Street, 51st Inc., new a 1,316,833 from rev. products, lrozen foods, . New Orleans Net East telephone , ' incorporated in Iowa in 1905 and is engaged in the same business as National Tea, owning and operating 85 retail, selfservice, cash and carry food stores in Nebraska, Iowa, South Dakota Tolerton offered 1957—Month—1956 April 30— oper. Lcxingion Brokers SEC—Acquisition— and other items. The Monongahela Period End. 185, $468,182 ,, $100,174 '.ft inc.. oper. telephone Sons, & ft self- SEC Railway "2,152,505 v "gold skyscraper" rising at the northeast* corner of Lexington Avenue and 6,194.211 $385,716 from ry. opers. rev. with a group RR.—Earnings— Monon Net Privately— Sold ft>.•;"/ft.'-.ft^. > New York Telephone Co.—Leases Large Space— 575 „ organized under the laws of the State of Illinois in 1902 with 11 branches in 16 States in the Middle West. West and lower Mississippi Valley. It is engaged in operating a chain of retail, service and cash and carry food stores dealing in groceries, fresh fnilt, at varying railway $6,318,740 $22,673,582 $24,054,695 $5,573,882 Net rev, from ry. opers. Net ops.;' from ry. rev, railway This National Tea was nati. 1957—Month—1956 1957—4 Mos.—1956 $25,372,429 $25,290,324 $99,685,609 $99,585,881 19.798.547 18.971,584 77,012,027 75.531,186 Period End. April 30— • ft 357.975 .-ft expenses •Deficit.—V. a National Telefilm term whose Anderson, Net » , $8,861,573 8,084,607 ■ rev.—ft< $458,149 Railway , covering 48,720 shades This , Ltd. Ventures, of Mr. ' Director— a in fill to director dent Elected President of Stephens. Inc., an investment banking and utility securities, has been elected the unexpired term of Robert 3. Anderson, Presi¬ Stephens, T. Jackson $7,255 171 ft, 657,191 !ft, 886,776 - j v/ftft\ "ft' 1957—Month—1956 • 44,629.470 7,942,371 5,134,336 49,196,039 8,431,899 5,915,783 registration statement with the SEC on Jun? 12, ft o" its $5 pav valve common shares. This registration is in connection with an exchange offer bv National Tea Co. to the holders oi common stock of Tolerton fc Warfield Co.," ot Sioux City, Iowa. The basis of the proposed exchange is 7'ft common shares of National Tea for each share oi common stock of Tolerton, ; tne exchange offer to expire unless extended on July 22, 1957. : and 2560. firm 287,105 2217., p. Period End. April 30— ft $73,871,597 $66,567, <55 Shoes, Inc.—Opens Large Store— opened one of the largest stores in its 136-unit June 4 in the Bronx, New York City.—V. 185, p. 1278. on This company —————— stock $3,027,617 $10,368,236 $2,736,129 inc.— oper. New York, Susquehanna & Western ~RR.—Earnings-—- / With SEC— • letter of notification with the. 1332. p. chain 1956. : 66,700,500 ;ftiftft" •—66,700,500 pari <sharesiftift. 667,005 None < —: r_!——ft *808,971 11,475,976 I preferred i$100 (shares/—; $7 Present Common from ry. opers. rev. railway "Deficit.—V. 185, . -v;. National Tea 17,475,154 3,416,000 17,475,154 3.416,000 ft. $84,403,430 $84,403,430 1967——_' 13,555,865 13,555.865 - -ftftftft/ftftft ftftft Hartford RII.—Earnings— T1957—Month—1956 ;ft 1957—4 Mos.—1956 $14,141,818 $13,891,620 $54,952,321 $52.543809 11,405,689 10,864,003 44,584,085' 45,288 638 revenue.! oper. ■ Adjustment mortgage 5s due Jan. 1, New ,5l/ack income debentures — ftft^;ft Vftft-;' ft'ftftftft ' V' 493,787 ' Period End/April 30— ft Railway corporation This $38,877,776 $38,877,776 24,634,500 24,634,500 —— —— 1990 4s, 4s and Prior lien $862,712 162,198 102,359* ' "6,255 p. 2217, Railway Pro Forma Dec. 31,'56 — First mortgage $579,035 $195,863 $101,940 - — V 1957—Month—1956 ■' 1957—4 Mos.—1956" $303,539 $378,447 $1,372,075 $1,561,281 >;• 201,599 : -182,584" :' :• 7:33,040 ft 698,569 New York, New Haven & an National of Jan. as shoe Capitalization: $1.34 ftft Presidents of Cushnian & Wakefield, Inc., 1957. I, railway oper. inc. I "Deficit.—V. 185, on May 29 filed a undetermined number of shares of class B common stock mar $5» to be offered at a price to be supplied by amendment. Kidder, Peabody & Go., Inc., Boston, Mass., i) the underwriter. The proceeds are to go to the executors of the Estate of Hubert L. Carter. covering SEC Preferred Stock Modification This 3.371,978 Connecting RR.—Earnings— expenses.- Nashua, N. II.—Files corporation The Filed— Missouri-Karksas-Texas RR.—Modified Plan Act. $1.17 revenue— ' —V.185, p. 2217. the Mahaffie $0.31 oper. Net 2450. p. Nashua Corp., "1957 5,487.121 $0.24 oper. ;. $2,250,430 $10,327,876 2,035,666. 8,859,078 $2,546,483 2,148,956 operating income Net after charges-. ft Net ' under 7,291,848 4,307,751 Net rev. from ry, opers. 352,668 A 0,551,636 Railway shares share as at common Net Railway ICC 3,595,256 1,276,415 shr. com. per New York Mountain States Telephone & Telegraph Co.—-Earns.— April 30— 1957—Month—1956 1957—4 Mos.—1956 revenues >• Hail way Net 041,242 1,715,353 1,005,509 Period End. April 30 Commission— of notification with the expenses 1957—4 Mos.—1956 1957—Month—1956 oper. —V. 185, p. 2217. Period End. Missouri-Illinois RR.—EarningsPeriod End. April 30— 911,952 1,456,903 u accruals. inc., income "Earnings 1957—4 Mos,—1956 1957—Month—1956 $14,413,840 $14,413,770 $57,395,617 $57,734,204 ; 4,235,003 ' 5,177^000 1,213,000 822,000 , May 28 on Operating 2560. p. Chicago & St. Louis RR.—Earnings Off— taxes—_ tax ry. ry. Net filed a letter 8ft 3-year first and second mortgages to be of $500 and $1,000 including an offer or of $195,2531. There will be no underwriting. The proceeds used to buy Inventory and for working capital. corporation operating 185, _ , Securities and Exchange With offered $2,060,809 - 721,933 ,827,121 inc.— 44,134,434 ' 51.781,721 6,852,913 15,002,272 20,514,225 .V 11,562,213 11.867,828 $826,021' ry. opers. railway oper. —V, Other covering $300,000 of in denominations SEC Marie RR.—Earns. 2,914,267 3,148,180 13,498.693 4,062,835 Railway Investment Foundation, Jnc„ Mortgage Files 1957—Month—1956 1957—4 Mos.—1956 $3,974,201 $3,373,060 $14,231,679 $13,623,022 Period End. April 30— Railwav . details of common stock Foi The Minneapolis, St. Paul & Sault Ste. 1957. May 31, $1,393,482 522,352 SI,836,080 544,470 income Net ' ' connection with this recapitalization 13,861 new had been sold to certain employees and officers at $10 245C. p. 11,229,049 ry. 2450. p. income U. 8. . 1957—4 Mos.—1956 $7,703,564 $6,894,518 5,836,484 5.501,036 'ft 1957—Month—1956 oper. income from rev. > St. Louis Ry.—Earnings— Minneapolis & oper. 185, Gross Noyes In Period End. April 30— 66,952,477 254,860^527 2 61,693,560 53,453,784 210,726,03 3 209,911,839 Period End. April 30— ■» share, was quickly one-story new public offering stock, made on June 4 by Co.—Stock Sold—The & Co. and associates at $11.25 per oversubscribed. Bv amendment to the articles of incorporation, effective May 20, 1957, each common share ($5 pg,r value) was changed into two new common shares of $1 par value each; each share of old class B common stock was- changed Into 28 new common shares; > and the terms of the preferred stock, held almost entirely by C. B. Moore, /President, were amended so as to add a conversion privilege and to assure. him of voting control after completion of this offering of Hemphill, ft office, sales, and warehouse structure con¬ taining 36,300 square feet at 500 South Kitley Avenue, Indianapolis, Ind. It occupies a site of approximately seven acres, (1) Net $ 64,309.144 53,080,095 revenue— Net railway oper. —V. « ' expenses Railway oper. Railway 1957—4 Mos.—1956' " $ $ < 100,000 shares of common of transaction were; the Involved in 2450. p. FIRST FOUR MONTHS 1957—Month—1956 Period End. April 30— company New York, of Chicago. Co, ft Power Moore Products financed by Greenebaum Mortgage Moline. for all three properties, was Commission has authorized this short-term promissory notes up to an aggregate of Federal 185, V. lease-back to Minneapolis- acquisition, which involved a 25-year The < ft ■ - to i issue $25,000,000. The company will Issue the notes to commercial banks from time to time with maturity dates not in excess of one year. The proceeds from the notes will be used for the construction, completion, exten¬ sion or Improvement of Montana Power's facilities. The company estimated its scheduled expenditures at approximately $25,360,000.— ; makes specialized high-speed ing systems using magnetic tape.—V. 185, p. 2449. Issue Notes— Power Co.—To Montana automatic pro¬ which currently plant, Md., ft . APRIL AND EARNINGS FOR cessing the language necessary for further electronic computer." , of the system will be assigned to the Into translated - . (2806) 10 on p. Gas June 11 2931. Co.—Preferred Stock Increased approved an increase in the preferred stock to 300.000 shares. pointed out that the company was preferred stock, but the action authorized had no present plans to sell does place the company in a (Continued on page 53) ' Volume 185 Nirtnber 5647 . . The Commercial and Financial Chronicle . (2807) Per DIVIDENDS Dividend announcements tables. In nounced a the first all during the current week. second in table which the Then show we Finance grouped in two separate are indicate we the dividends follow with we (. _ , Name of action ,"•< No Share Company Admiral Corp.— -taken Payable on ■ net investment income) Gc 20c preferred 6-14 preferred (quar.). preferred Argus 'Corp.; " Ltd. 315c '_ ; M. I. Extra Co. 12 c 7-10 6-15 8- Bates Mfg. (Detroit)— Baysiate action 8 2 ". "5%ft 6-20 7-10 on this time) Biddefoid Bird 1 27 Vic ___ 6-26 : & 8- 5% 7-15 Co Insurance Albany A It. 7- 1 6-17 7- 1 6-17 3uc (quar.) R. Co. International 25c — 7-15 45c 7- 6-29 6-19 1 1 7- 1 30c"pfd. Co., British-American British \ 1 6'.'0 (iCc 6% Finance Plan, -■ 6-20 2GVic 6-17 20c 6-30 (quar.) 10c preferred (quar.) preferred (quar.)—__________ Building Products Ltd. (quar.)— 5- 7- 7-15 y Coal, .7-15 6-28 7- $3 6-29 $1 2 6c 7-15 6-28 . -—-— — .Canadian Ltd.,. 6% Pacific Rv. $5 i preferred Carter (J. (quia.; Central Canada Electric As Gas— 7- 1 7-. 1 6-19 325c —.—. $5.50 6-29 6-29 1 68c 6-29 • 6-29 6-19 6-30 6-30 6-20 $1 9-20 9- 3 10- 7 Collins — Radio class Co., common A com 7- 1 75c 7- 1 310c 7- 4 8- 8 r Consolidated 5 (Indianapolis)— )—i——__ki Goods )quar. )—__——_— l>ry ' ■ '"income" i'r / 320c ' - t C-24 ..,7-26 , ■ 6-14 ' ' * - »& , ' Cumberlandj Gas (quar.) Corp. pfd. Mfg.,, class A (quar.) voting (quar.) Dennisdn * H'o debenture* Aluminum Detroit International Detroit District Theatres Dominion Sault Elder & Linoleum, Manufacturing (N. (quar.) — Ltd. 3 8- 5 9- 3 8- 5 $2 9- 3 8- 5 25c : conv. 6-14 6-28 G-21 1 6-15 7- 340c 7-31 5c 8-15 7-16 6-28 - 8- 8 7- 7. 7-15 7- 25c common — (qua/.) 7- 1 6-20 75c 7- 3 6-21 1 Fabien Textile Printing— ________ 7- S3.50 7- 1 6-14 8- 9 $1.12 Vi 1 8- 7- 1 6-21 6-28 6-21 9 Department Stores (quar.)—— 5c 7-10 40c ,7-01 7- 1 7-11 $3 6-29 6-17 7-15 6-29' 6-28 6-17 6-29 6-17 9- 1 8-15 7-15 6-25 6-30 6-13 7- 1 6-13 6-28 6-21 45c 7-20 6-24 7-20 6-24 -6-28 325c 25c (quar) common (quar) 7-12 6-30 Riverside Cement, common (stock dividend) 1" $1.25 participating class A (quar.) ^ 6-17 5- 25c 6-28 7-15 6-29 i-15 45c 6 (quar.) 6-29 6-14 Scitllin 9-10 Shamrock 10- 1 9-10 Shawmufc Corp. — 7- 8- $1.12 Va 7-19 1 Steel Co. Oil Association 1 Class V (quar.) B 7-31 8-31 9-30 7-20 Southeastern Public 8-20 Southeastern Telephone 9-19 Southern $1 50c 7- 20c 9-20 12-21 , 6-15 1 1 7- 5-31 Stahl-Mbyer, 25c 6-28 6-20 Standard Screw 7oc 6-28 20c 7- 25c v - 6-28 30c 7-20 7-10 $1.50 7-15 7-10 —__—_1_ Light——1 Ste&l 6-21 Inc., of Co. Co. . '6-21 5 6-26 1 6-18 7- 1 6-20 6-28 6-17 11 Vic 7- 1 6-14 315c (quar.)_„_ 10- 1 315c 10- (quar.) 8-30 6-14 $1.38 7- 1 6-15 (quar) 20c 7- 15c 1 6-20 22 ViC 6-29 6-19 50c 7-15 6-20 15c 6-28 6-18 _____ (quar.) (From net — 1 6-15 ; $1.75 $1,06 % 7- 7- 1 6-15 50c 7- 1 6-17 , prior Ltd. 8-30 1 6-25 :___ (initial) 80c 6-29 6-20 2. 340c preferred (quar)_ Canada, 6-28 7- 20c (quar)______ $2-$5 6-20 6-25 7- 5c — 6-10 6-28 1 50c Sovereign Investors, Inc. (quar). investment income) : Springfield City Water Co., 7% pfd. A (quar.) 4>'4% preferred E (quar. 7-16 : 7- 6-27 30c Telephone . 7-16 15c ' Service England New $1 Transit 10-15 75c — 6-28 —._ 10-15 1 30c Sorg Pafrer Co., new common 5 Vs % preferred (quar)__ $1 (Qttttr.)_ 6-25 1 fauar.)_ $1 10- 1 1-1-58 1 11- (quar)_____—_k_ (Boston) (quar.) I2V2C $1 8- 11- 25c (quar.)__. Gas & 9 31V4C 200% 315c Co., 434% conv. preferred SilVerwobd Dairies, Ltd., class A " ; $1 7-15 (quar)__ Silex 7-15 8- 1 7-15 6-19 1 National Stockyards Sangamo Co., Ltd—__l.— Schick, Inc. (quar.)_, 1 9GV4C 30c 1 8- St.. Louis 10- 6-29 7- y Flywood Roddis 6-14 9- common (quar.) Participating . 1 20c 7-20 (Mass.), preferred 6 6-21 10- $1.25 7-15 Corp. 5 % 6- 7-29 87 Vic _______ & Casualty Co.—— Finance Corp., class A (s-a)_ > ;,. > : 1 ' L 6-19 <quar.)__ 8- 1 7- 5 ■ 40c " Commont'(quar:)' —_———: W inferred H quar. « — - 6-14 Stern Ai Stern V .: 4Vai%, Textiles, - 5% J-—--— ;■■>— partic preferred i (quar.)^i.i^.___— ' > <qtiar.)_J^ ;__ Miami Window, (quar.)_— Michigan Bakeries, Inc., 5Vi% pfd. Middle States .Telephone Gas of 45c 75c Minerals Engineering'(stock div.)__— Mississippi Shipping Co." (qpar.)--^ '-Missouri Power & Light, 4.30% p'ld. (quar.) Mobile Gas Service, common (quar.)____ 4.90'a 'MOhawk preferred Petroleum Montana "Nation-Wide Check Extra (Md.) 6-19 7- 5% 6-14 7-15 7- 1 7- 22]'2C 6-29 7-1 6-21 5% 25c $1.07!/2 25c 7-15 6-25 7- 1 6-14 40c f$l 45c 25c 6-20 — National Tool Co. (quar.)— (quar.) ^— — G-14 1 6-15 6-21 335c 7- (s-a)___ t40c 7-15 $4c 7-15 6-18 3$1.25 7-15 6-18 20c 7-15 6-20 8% 6-11 , 6-18 $5 B Turbine, Steam 30c — $1.25 30c — (quar.) (quar) Aircraft Terry —_ : (qu ir.) __k prfefefred Tefnco of Ohio— — 15fc common $2 (quar.) $2 Extra 6-15 6-14 6-14 7- 1 6-20 7- 1 6-10 6-19 6-26 6-15 6-28 6-17 6-28 6-21 6- 6- 1 6 6-14 7-15 7-15 6-29 6-30 6-12 6-29 7- 1 7- 1 7-15 6-20 7-15 6-28 6-29 6-18 10c 6-23 6-10 6-14 6-29 6-14 1 6-14 7-15 6-21 6-15 6- 7- 7- 8 5 6-27 25c Mills (Me.) Co. Extra $2.70 — Trlco Products Trust Co. TWin 5 % — of iquar)_— —— (qitar.i — Jersey (quar.) — City Rapid Transit,-common < quar.)_ convertible prior preferred (quar.)— Trust Underwriters United Corps, Class B & (N. Y.) (quar.) Printers Shoe Ai G'c United 70c Stockyards convertible 6-14 7- 6-14 40c 7- 6-19 6-20 6-14 1- 6-19 8- 7-12 30c 7- 6-18 7 V2C 7- 6-18 75c 7- 6-19 10c T-15 6-27 45c 7- 2 6-21 62 V2C 7- 1 6-21 7- 1 6-19 common Corp., 7-15 7-31 1 6-20 7- $1 10c 7- 1 6-20 <quar)_„ 62 Vic 8- 1 7- 3 37 Vic 8- 1 7- 3 17 Vic 7-15 6-20 17(ic 7-15 6-20 iquar) f common preferred 8-15 8-31 (quar) — Publishers Machinery, preferred 7- 38c (quar) Accident Insurance United 7- 10c Ltd., class A United 325c 1 $2 iquar.)—- Life 6-15 7- 20c common (quar) New 6-15 6-25 5 22 V2C — Corp., preferred 6-25 i$1.25 (quar) (quar)— : Tri-Continental 6-17 325c : —'—_— Trane Co. 6-17 1 25c (quar)- (quar.) /Tofonto Hbn Wortcs, Ltd., com. 60c class A (quar.) 'Tdronto Mortgage, Ltd. (quar) Torrington 1 7- 25c (quar.)_— Inc. Clothes, 7- 25c Industries, class A Thomaston Timely 6- 25c ( Thomas 6-20 6-28 6-29 6-15 $1.75 (qu£.f)_ preferred 7% ■ 31ViC 31 Vic 12c :— 2 - (quar)_ (s-a) 6-19 13c Class 2 25c iquar.) preferred B (quar.) Shares Corp. (qua".) Terminals / United 2nd National ' 6-18 7- 1 6-18 7- J8 V4c —— 4 Telephone Service Co. Class A (quar.) 1 5c 2nd preferred Common 6-14 6-14 1 6-17 6-28 8-15 Propane Corp.— National Ltd. preference (quar)_„___——_—_____ Swank, Inc. (quar). Swedish Match Co., class B (Interim) 8-15 6-28 7- 6-21 6-28 35C 5% 6-14 6c — Investors Corp. National 8-15 *7- 1 8-1 7- 1 9-11 6-25 (quar)_—— Propane, Ltd., $1.40 pfd. Sufiertest Petroleum, Ltd., ordinary ' 6-18 1 $1.10 "Superior 7 7c 6c (extra) National 8-15 9-3 9-3 6-20 6-14 50c -' 6-14 7-1 15c Plan 6- 25c 5c 2714c 40c Corp—________ Montreal Morris J —$1.22Va (quar.)_ Corp. of America (quar.)— Flour Mills (quar.J— Molybdenum 6-29 7- 1 7- 1 3/ViC ' (acCum.) "" (quar.)_ Illinois . 45c ______ — CO.________ . Supercrele, 9-3 - 6-20 7-2 7-2 9- 3 J, 30c Shipping Midsouth 6-29 6-29 Corp. 1 Qr29 1.33% .Subsurface Suburban Electric Co Sufibeain 7- 10- 10c (quar)____— Reserve (stock dividend) G-14 0-28 15c (quar)—_ Sttfp Aj Shop, Inc. 7- 1 t$1.25 20c 10c 60c 112'/jc 1$1.50 55c common (quaf)__—___i preferred 7-15 5r6c Quarterly " Federated 4 $1.50 of America, Sherer-Gillett Co. Mystic Valley Gas Co.— 9- 6-17 10c i 62V2C 6-21 9-1 1 62 Vic Reece . (quar.)_— 6-21 40c 6-25 7- 30c — 6-27 25c 1 G-14 1 31 %c (quar) 1st .preferred 35c 1 1 6- 7- 32 6-15 _____ 7- 7- 6-20 25c 1 & Sons— Electric 6-18 1 25c 7-30 (quar.)^——_— Watch 8-30 7- 10c (quar) Joint Extra . i 30c » 7- 15c (quar.) Electric Radio Corp. 6-15 , 50c 30c Mills, Inc. (N. C.) : Refrigerator & Storage, Ltd. (s-a) (Calif.), (quar.)Mutual Shares (from realised capital gains) 5c Co., common (quar.) preferred (quar.) 6-20 1 2% Brewing (ffuar.)_: 6-12 9-20 20c common..— 6-14 5% Erwin preferred 5 7-15 25c 6-21 6-30 . (quar.) 7- ... 6-26 $2.50 (quar.i— _i Ltd. preferred $1.25 — $1 (quar.i Y.) (quar.) lc Essex County Co. 6% 6-12 7-15 rcceipts_+.^—t$0.027 CO., common (James) "Miami 6-21 20c Extra Equitable Gas . G-28 15c (quar.) common Equitable Credit Corp.— 20c partic. preferred (quar.) $4.50 1 9- 40c , 7- 40c • - 3iVic (quar.)— 1 25c — (s-a)___• (qu:ir.)__ Co. 8- 55c : : 22Vac • Class : A'' (quar;)—_i_———— $1.50 preferred' 1 quar-.)——; :—__— Merchants Bank of N. Y: (quar.)—— ■ 6-19 1 5c (quar.)_ Endicott Johnson Corp., 4'e preferred (quar.) Steel 6-26 7- (stock div.);— common. deposit Purity Stores, 35c • 'MdQutfy-Ndrris Mfg.-(qudf.)——— Merchants^Acceptance, common (qvtct.K— 6-19 6-20 7- 10c preferred (quar.) Electric Empire Triist Co. Co. ; 25c 1 (quar.) Bridge Laboratories, participating Edison Brass — (quar.)—: Oilcloth Film Du-Art60c & 6-28 (quar.) • 0-l4 9-16 6-28 • 6-14 •*V 15c —.—— (quar.>_ •6-17 9-30 $2 . Common inc., Gardner 30c (quar.) com. _ 6-17 " $1.50 " - _______ Davega Stores Corp. of N. Y., 5*7- $2 & Forster, 8'>'c prefeiTeu (quar: Telephone, common (inc. quar.)_;—. preferred-4 quar.)—2—2_— 412 ViC Quincy Market Cold Storage & Warehouse— Department Stores, common (quar.)— $3.75. preferred (quar.-)—.— 933/4c $3.75 preferred (1947-series) (quar.) 93%C $3.40 pfeferretl- (qtiar.)_—_—" 85c McLean industries,■'$3 pfd. (quar.)—75c the 5 6-18 7-20 $2 6-19 }20c (quar.) & Co. 6-28 — iMay ' 6'^ o.uWd, , \ $6 stocks omitted at Cuban of /MarteKMillsH'Cotp. w(quar. )^i._i 7-26 4: ;6-19 n 6-21 6-28 Columbia, (s-a) Electric Co." "(quaf.)__L 5% preferred (qufer.)_____ Quaker Oats Co., V.Maxwell/'Lid-., common'(quar.)—„ com. and A\\r'o pfd. this time)-... 50c r 7- 1 Co., corny' (quar.)______, 7-1' !;$1.37Vi '■4&S0 preferred (quaT.) 8- 2 Counaulds,- Ltd,f.--"(tfnal>^_:i—2_—_ "•'"6% ' 15c % 7-"l • Crampton Mfg., 6^" pfd. (quar.)—.' —— 6-28 General Reed Ac Co. 6-17 15c ' 6-19 $1 (quar.)— (Julius) Extra - - Continental' Baking ^ Crttm preferred 6-17 6-17 1 $1.25 preferred (quar.)— Provincial Transport Co., common (quar.) 5% preferred (duar.) 6-25 15c p'ref.: (quar.)——— Maremontr Automotive Products < quar.)—__ g^ U-2'2 ypci •; 7- U; Retail Stores— on Co. 7-12 6-28 Maple Leaf Milling Co.,: Ltd.—a-' ■ or " (Payments * 6-29 6.9 pence -net after British tax *'( interim) 2—k_—_k__— Consolidated 6% I...; V Mansfield Tire & llubbcr Co.— - f -$l k 'Consolidated Gold iFldds of South Africa, Ltd. One shilling Portland 15c :______—— Corp. Manhattan 6-18 6-29 Sterling National Bank & Trust Co. of N. Y. 6-20 'V 6-29 12 Vic Portland Transit, Maine- Bondihg • . Co. m, 6-21 9-16 6-17 6-29 35c British Co 6-24 6-29,., 25c > Inc., class A (quar.) Port Huron Sulphite & Paper (quar.) Portable Electfic Tools, common (quar.) 9-16 25c conv. preferred (quar.)—, Oils, Ltd.— .V ' " Lowell 6-19 •• 6-20 Plastics, 7-15 - Lowell Bleachery, Inc. j 1 $1.75 Adafns RR. ' - (s-aJwL—k:~-_k___———— 4% '^preferred;, i qn •; of Ltd Glass North 10-16 — Publishing 7-16 l's $1.50 ". - ; ' Conduits National Co.,' Ltd.k(.quar.)_-. 1 ; Louisville 7-16 7-31 7- 50c Co., Plate & 10-16 investment:income) Longines-Witthauer V 6-18 6-24 7- 3c — $75c Custodian Fund— Lone Star, 6-18 7-31 35c Mines t60c Pipe, common (monthly) (monthly) —: ; Common (monthly) —.—; 8% preferred (quar.______ U%, preferred-.jiquar.) * 6-15 i;% 7-16 35c (quar)^--^—-—— (quar.)— Commonwealth Loan • 6-20 1 7- Mill Pittsburgh 6-28 Bros., non-voting common—____ preferred Lock 6-15 7- 75c 'Commercial Trusts Jersey .City) Cofumoil, Ltd. 1 6-28 ' ■ ioc preferred-, (quar.)k_;.kkk—— Commercial Transport Corp.— preferred 7-15 — 25c $2.50 — , 6-20 $2.50 conv. Conv: 11- 87 Vic — Class-: B -commonf t.__—•—;_k.. 4% 62Vac 1 25c r_ Common G-20 10c 15c l Pioneer 7-15 (quar.)— Lerner Storbs Corp.,, .coin, (quar.) 412 % preferred (quar.) Liberty Fabrics of New York, Inc.— I 5% preferred (quar.)__ Corp.— "t quar.)—k— Ry., 1 1 7- Frocter & Gamble, 8% 3.85%; preferred 6-19 6-29 i Gold (interim) 6-14 $2.50 Lees 6-19 $1.25 $1.37 Vi — __— convertible preferred 8- 10-25 7- (quar.) com. (quar.) 1 Leath & 6-19 (quar.)— 3%% conv. preferred (quar.)—_— "Chicago Allerton Hotfclk. — Chicago Railway Equipment (quar.)—— Chipman Knitting Mills, 5% -preferred (s-a) Cincinnati Union Stockyarus— Coca-Cola .Bottling' < Los Angeles) (s-a) Common 6% - " 6-19 (quar.) Motor Transport (Chesapeake:"& Ohio Pioneer 6-21 3114c 11-15 9-10 12 Vic Northern Ry. -(quar.)i At Pitts.field Langendorf United Bakeries, com. (quar.)— $1.80 preferred (quar.)i___i____— : 6-19 25c —— 6-29 preferred Bledmont 6-14 7-15 10-25 33c Bankers, 7- American ./ 6-21 (quar.)_.—__— .4 6-28 12c 10-25 11-15 l2Vic preferred (quar.)_ preferred (quar. Philips Electrical (quar.) Pickering Lumber (reduced)—k 5-3l 35c 10- 11-15 $1.40 6-19 6-14 1 50c 32y2c 7% 6-19 6-29 6-20 6-20 (quar.)_. Prince Latrobe ( quar.) Central Wisconsin " - 62 Vic (quatj—_— preferred G-29 1 9 25c preferred $1 1 7 6-29 77- (quur.)_ $1.32 6 7- 6- 6-29 6-29 t20c 6- 1 7-10 7-10 37 ViC 6-15 6-14 6-20 7-10 _% (increased) Personal; Industrial 15c- Landers,-Fi-ary & Clark (quar))—: 6-19 ______ _____ ______. preferred $5 2 6-29 62 Vic preferred < quar.) .Central Telephone, common $2.50 preferred (quar.) 5.44%: preferred (quar.) , 7- 593OC .____ $1.54 . Fratt, Kern 6-19 6-29 $1.13 6-28 $1.25 $1.25 , - $2.50 V 6-29 6 6-20 7-10 " com. 6-20 $5 6-19 $1.25 r » 10c Ltd - (quar.) A 6-21 6-20 7 40c (quar.)_,.r._______i___^ 6-20 Kennedy's 6-14 1 — Investments, 4.75%: preferred 6- 1 8- $1.05 — — (quar.) Co. Central . $4.20 p*u. (quar.)_— W.) 1 7- (quar.),— (s-a)——_ Carolina Power &r Light, I* . 7- 3 (be 375c pfd. 7-15 (quar.) 1 Kaiser 25c Canadian Husky Oil, 6-20 (quar.)_—_ preferred 1 common Kansas-Nebraska* Natural "Gas, . Telophona, preferred 7- Kahler .Campbell Taggart Associated Bakeries— i 6-20 7-15 $1.25 Ltd. 7- Quarterly— 7-12 6- 7-15 7-15 (quar.) Canada, S0c Journal 6-15 8- Corp. Fund California ——_ class A Timber & 2 6-19 7-15 (quar.)t_— Rust-Proof of common (quar.)^ (quar.)_k—^ $1.50 (J. B.)'& C6. (quar.)-____^__-___—26c (From 6-14 1:45c 1 6-21 $1.18% (quar.) 45c Founders shares 6-28 7-15 7- $1.12 Vi $1.30 (Mass.)— Johnson Mutual Fund— : 6-12 $1.18% 6-28 $1,371/2 (quar.) Telephone & Telegraph Corp.— Creek Jefferson 1 _ Land $1 0-21 : ((juar.)^-^^_.j.k^^---i----'' 1 $1.09 (quar.)— ' 8- 1 8-1 r 6-28 7- $1.10 pfd. Peoples Finance Corp. (Colo.), class A (quar.) Class B (quar.)_______ r___ Peoples Securities Corp.„_ J ,r_». (quar.) 6-28 7-15 12 Vic 25c 6-20 "preferred Jenkins 6-28 15c serial Burriville Racing Assn., $6 Ivey 6 15c conv. Calaveras - 6-11 ; 7-15 10c (quar.) common y 7-15 4 Vac 6-17 Foundation, Ltd.y com. ' (quar.) pref. ( quar.)——_______ conv. Island -■ Inc. preferred Peninsular 6-17 .6-14 Light, preferred Putino ; f-dcelpts—Ordinary dep. Investing— Browning-Ferris Machinery Budget » 3$1 Street Broad I 7 Vic t(quar.)——• Petroleum— American 1 . (quar.)___— Assurance ;-v 6-21 Co $4.36 8-31 8- 6-21 1 (qu«u./ Fertilizer 1 37V2C 1 8- 321/2 c 9-25 7- 8- 27Vic - 30c of North America ' Bowl-Mo'r 1 6-28 & & preferred 4.52% Parker 6-19 30c Son / 4 6-20 1 6-28.. (quar.)____ 6-28 ______ Investment G-20 7- Co. Quarterly 6-18 7- $2.50 — (quar.)—_— Mills, preferred Insurance 25c —_ class Inc., & Boston Head 7-10 ' 6-27 20c (quar.)_i & 5% - 9- Power 6.16% 6-18 7- 6- 6-14 22c (quar.)____ pfd. (qunr.)___ preferred (quar.) $4.50 preferred (quar.). $4.75 preferred (quar.) t',$4.75 conv. pfd. (quar.)__ 6-19. ' 7- 6-12 6-21 J45C ^2 (quaf.) 6-21 6-27 6-28 I2V2C jiu- Material CO.— H.) 1 50c Imperial Paper &1 Color <quar.)__ Incorporated Income Fund_i.__ $1.25 7-20 V 7- 6-29 9-16 60c ; (Hawaii) (W. 1 75c y 6-28 50c 2Uc com. i $4.40 Ltd. Indian $1.25 6-20 1 preferred (quar.) preferred (quar.)——_;—— Hutchinson 6-14 1 6-17 7- 50c — 50c 6-25 6-25 1 19c (Mass.) Clieniical Lighting Corp., 4-30 G-27 50c ,1512% 6-21 4 6-14 (quar.6I/4C (quaf.) 50c Co; Houston Oil Field at (quar.)___________ Son,' Inc;_.,—— Boston Insurance /•%/'■ \ Machine Bird Bosiitch, 1 7- Group "Insurance 6-14 7- Finance Home 6t20 $3 payment com. Water Saco & 7. 1 6-28 15c tjreferted conv. Home 6-26 4 (quar.) Motors Colony Insurance Pacific Pacific ______kw ; 7-15 7- $1.25 7-19- 50c Holly Sugar Corp.,'common (quar.) _ taken (quar.) :. 25c $1.12 Vi _; com. Old 6-20 (quar.)————_________ Hinde & Dauch Paper (Canada) Ltd. Holan (J.-'H.) Corp. (quar.)_„ $1.12'/a (quar.)___!—__ Insurance Electric Co Hercules 3 5V2% 6-14 25c 7-15 7- 10c (quar.)— pfd. (quar.)— Ltd.— Bros., : (• /' 1_ Corp. Beat ly (No 4%% Co., Times Home (quar.)_ Bank of New York (N. Y.) - Fire Hartford 7-15 interest Telephone, Ltd., pref. A (qttar.) 1 1 (quar.) 1 (quar.) (Mass.j Oherman Manufacturing, 5% 7- Co Insurance "(N. Y.) Hartford ben. Co. 6-14 7-31 37V2c 6-2O 8- « - 6-14- » 6-28 15c 7-31 7- 6-28 of Manufacturing Gas Illinois Gas Co., preferred (quar.) Northern : - Ctfs, 5% • 31 Vic 7-15 7-10 12 (ic Hill Co. Fire '<• Judd Northern 3 1 quar.)_ 1 7- 9- 7- - w (quar.)_____ Manufacturing Haverhill v Badlty Building Corp. Baldwin pfd. Corp. (quar.)_____ Batteries (increased 1 2 8-12 12 V2C ___________ G.) conv. Hanover 9 8-12 y . 75c LL_ (C. Cycle Greist !5-31 V 9-18 22c Corp( (N. Y.) (quar.)_ (Missouri) (quar.) Tidelands Oil Co.— 8- 20c (quar. ■ Finance & Golden ' Corp. (quar.)__ __ Mining Gould-National 6-21 - 6-25 . l Northeast investors Trust— 6-21 $1.25 (quar.) Corp., Ltd 8- ' 362 Vic —— 1 9- - 3b0e (quar.)______^___-id (quar.) a____^____ 3 8- 320c (quar)- ' :• 0- , 1 1 6-15 r 15c Atomic Development Mutual Fund—— Additional (optional in shares or cash)___ B. 8- 7- - 356 »4c (quar.) *"$2.40 2nd preferred A Backstay Welt 6c 15c 6-21 1 7-10 8c Reinsurance 6-28 Shore Pacific pfd. 5% Telephone 6-28 ' • Industries, Glasscock Ai North 7- 15c —_ income) $1.25 7-20 25c (quar.) General 6-21 North 7-19 Fund, Inc.— General .v-"- (quar.) $2.50 preference B 7-30 25 c * -7^20 ... , ; - income) Anvil Brand, Inc., class A 6-21 7-19 1 20c investment General 6-14 7-30 $1 • net investment 6-25 GOc tquar.):.^ Inc.— Company General 1 8- 2'/2c Gas Industries 6-14 6-25 ' , Anglo-Canadian Telephone, class A (quar.)_-^ ; . 2 6-25 Anderson Electric Corp., GOc cOnv. jnu. iquar.) ; 9- 20c (quar.) , American Mutual Fund ■' 6-20 . ■Jc American Broadcasting-Paramount Theatres. Inc., common (quar. 4Vi% 1 9-1G 2 Vic convertible Frito 8- 35c Extra , 5 pfd. (quar.) Electric Asso.— & 7- 93 %c Co., 334% Gas Holdert Payable of Rea. 20c Common 7-1 , 75c less payments (From : 8% preferred (quar.) American Brake Shoe, common (From 7- 18:,4c Class B '. 5% 6- 1 6-21 6-15 7-10 $0.215625 (quav.) England 2 (quar.) L 4 Va % convertible preferred (quar.) New York Ar, Honduras Rosario Mining— (Interim) 6-15 32V2C common.. >■ 6-25 c-25 20c Co. Above 7.17 7-26 15% Mexican tax .(net payment of each dividend 17c) Frigikar Corp.' (quar.7VaC " Class A' .;•> 7-22 12c Allison Steel Mfg. Co., 75c conv. pfd. (quar.) Altee Companies (auar.)__^._:American Bankers Insurance Co. 01 Florida— • Machine, Quarterly .'4V>.• - from & (quar.) Wallace, class A ( quar.)i__ut._^ B non-voting (quar.) New When Share (quar.)__ Newberry (J. J.) 5 6-25 30c , preferred Class payment common S- Corp. "• 7C (quar.) &' Fresnillo Works Iron Gear v Affiliated Fund— M Quarterly Bros. Nehi ^ Fund Ltd. of Rec. at, this time): Alamo Mutual Per Name of Company 6-20 7.17 Forbes \ • at Baltimore— 1 7.17 5:i.'4'/o Holdert oi Rec. 7- 5% Foote When Holdert Payable 30c * ' Corp. . . (quar.) Corp., Fluor Per Y.) dividend Boston Florida ously announced, but which have not yet reached their payment date. ; V (N. common—$1 Class A ________—_k $1 First payments previ¬ Trust & Co. of America Stock an¬ Bank When Share Name of Company Federation 11 (quar) (quar)_ The Commercial and Financial Chronicle $4.20 From Monday, Jure 17, 1957 . i— dividend Stock 30C 50c 6-24 6-24 6-24 0-28 6-18 6-17 7-10 UC 7- 2 6-13 ; .4-30 , the common and 7% on (quar.) common a IOC . RR. River Waste Corp.. (Calif.)— dividend) King ' Cdmmdn Electric Western ' ; $$1.75 '- *V 1 1 8- 1 Yuba Industries, 6-11 15c 6-14 6-10 • . t . 4 . Inc. —~ 6-28 weeks dends ' 10c (quar.) (s-a)—— Extra Stock , V. Aetna Casualty Quarterly " ; 5c Surety ■ ,, Class — •' 'f- 6- 3 ; 6-17 : 7-10 v ••;.''7- 6- 7 4*47# G-12 6-25 6-10 Common Ansonia Amerada .American Stock 5% 1 6-14 Arkansas 6-14 7- 6-14 .dividend 1 6-11 4.657# 6-11 Arkansas 30c 7- 1 6-10 4.32% 7- 1 6-10 4.72% 8% 6-18 6-11 :]:$2 : C-29 6- 1 6- 7 (final) 50c $3 — 6-29 v .7- 1 5c 7- 1 25c 7- 1 10c 7- 1 28c (quar.) ... 7-12 ',40c , 6-20 6-15 6-28 I 6-28 6-25 5-24 Power < . 6% preferred American ■>, 6'4% 1st preferred 6*4V 1st American preferred Bosch Arma , and Western •Arnold Constable preferred A Art Metal Arundel Can Co., 79c pfd. American Cast Iron Pipe Co., t- 6-10 5-20 $17 Vac 1 6-14 6-20 50c 37 *4 c , 5-31 1 6-28 e7- 1 15C 5- 3 8- 9 15c 12- 2 11- 8 15c 3-3-53 2- 7 6-28 6- 7 $50c 7-15 6-13 $25c Co. (quar.) 6-14 6-10 60c 6-29 25c 6-29 ;« 6-14 Co.— Insurance : 7- 20c 1 6-14 * 1*4% (stock div.)_ 6- 6-22 12-16.' 3% Ltd., 5 12; 2 ' '50c 7- . 7- 6-17 15c 6.- 6 1 6- 7-1 35C '='■ 1 .1; 3% : $1.75 3 4 6-20 - 6-20 ,7- 1 tlOc ; — (quar.)—r— $25c 6-18 ,7-15 35c 6-28 Decker Manufacturing A; 7-15 (quar.)—— common (quar.) preferred A Black 6-14 7- 1 f ; 6-18 6-14 1 5-31 & Bryson, 6- 3 .'6-24 35c (quar.) Blackstone Valley Gas & Electric— $1.40 % 5.60% preferred (quar.)——^—4.25% preferred (quar.)____ -T—' $1.06*4 Bliss <Sc Laughlin, Inc. (quar.) 4. 45c Sivalls Black 6-10 7- 7-: A' A Class common * 77- . I.. 1' 6rl4 6-14 ,.'6-29 6-17 75C 6-28 6-15 75C 6-28 6-15 / 25C ,;.'6-29 Motion 7-15 4%' 75c 7- 1 1 (quar.) Extra B 6% pfd. (s-a).' 6-29 7-25 6-27 5 6-28 7- 6-21 6-14 7- 1 1 6-14 1 6-14 5% 1 6-14 1 6-29 6-11 5 Atlas Corp., common Atlas Sewing Centers, Inc. 5 6-19 Automatic Canteen Co. 1 6-14 6-29 6-10 6-28 6- 7- 1 6-19 7- 1 6-19 7- 1 6-1G 7- 1 6-10 7- 1 6-14 Auf 1 6-20 1 7-22 6% 11- 1 10-22 7% preferred preferred Products. Al^rm 5% 6- 6-17 5-31 7- 6- 25c 8- 25c 3 2 7 1 6-28 6- 6 Avon 1 6- 6 Axe-Houghton Stock Fund— (Second quarter payment from Ayshire Collieries (quar.) preferred 1 1 433ic $3 6-14 B/G Foods, 75c 7-1 6-13 6-20 B S F Company (stock Babcock & Wilcox Co. Power, preferred (N. Brockton —_ 5-27 7- 1 6-15 7- 1 6-17 Stock 4% 3.75% L.) preferred common Buck 1 Bucyrus-Erie Buffalo-Eclipse $43%C ?43%c C-30 6- 1 Creek Bullard Bullock's — . 5-31 Burlington 6-21 5-31 Burndy Corp. 25C * & Steel Ltd. 6-18 1 6- 1 1 6- 1 6-10 7- 1 6-12 7- 9 6-12 7- '. 1 6-12 6-30 6-17 93-Ac 6-30 6-30 7- 1 6-20 6-28 6-18 25c 3c 50c dividend) Co. (quar.) 6% preferred Bush Terminal Co. 6-11 5-27 6-28 $1 8- 1 6-10 7-12 6-24 6- $1.50 6-20 6-10 15C 7- 6- 15c 7-29 7-15 7- 6-17 + $1.50 (s-a) 15c (quar.) 6-17 1 6-28 30c lirreg.) (quar.) . (quar.) 7- 1% 30c Corp., Burroughs Corp. * 1 37'Ac preferred (quar.) 6-14 1 7- 7-10 20c rquar.) (quar.) ,6-28 7- 6-14 7- " 20c 6-14 » 6-14 6-14 7- 15c 62'Ac ; . 1 3 7 . 7- 9 10-29 10- 9 25c — (quar.) 2 7-29 15C, 1—^ l - - 7-20 6-21 10c 7- 6-14 . •** 1 6-28 6-28 95c.' L (quar.) (quar.) (stock 1 f 6-14 7- ' 7 Vac lOd common Corp. Co. 6-21 A ,7- 1 $$1.50 2 ,. 3% Burgess-Manning 6- 1*4% — 6-14 (quar.) 25c dividend)— (quar.). Co. Inc., 4% 6-24 7- 1 $$1.12'A (quar.) Company 4c 18%0 7- [ : common Eulova Watch Co. (quar.)— 6-21 (quar.) Oil (quar.) 1 Burns A 7 7-15 $5 preferred 6- 3 6- 7- 2 Brunswick-Balke-Collender 5-24 — 7 7- (quar.) Co., 6- 6-14 6- dividend—. (E. 6-30 1 (quar.) Distillers, preferred Bruce 6-30 7- 7 7- 2 $50c 5% 6-21 50c 7 6- Taupton Gas— Brown-Forrnan 6-20 6- ■ .. 5%.' 6-15 6-15 2 — 2 6-15 7 7- $63c - (quar.)— '7- 6-15 6- $56C Ltd 6-21 2 5-31 2 •— preferred 4-29 7-22 —_— dividend 4-29 6-21 $$1.19. Y.) 4-29 6-21 $53c. (quar.) Industries '6-21 ' 7- . (quar.) preferred 1 3%* (final)— 1 2 5-31 Ltd.— 7- 2 7- 2 $35c Co., Glass Co., common (quar.): preferred (quar.) Brooklyn Borough Gas (quar.) ' 7- 1 * 6% British 5% class Electric $3.80 7- 7- $25c t$i'" receipts ordinary Brockway 7- 6-10 7-15 $0,118 6-17 7- 6-10 6-21 33%% t 6-13 Inc.— convertible 6-14 1 6r21 . $0,118 — (stock divid.) 6-10 40c dividend 7r _ 40c Columbia Telephone Co., com. (quar.) Burnham 6-14 receipts British $37'/aC i37*4c Income) 6-14 . $15c — 6-28 Ltd.— 1 6-14 7- Oil, Columbia $31'Ac (quar.) 4 6-14 9334c preferred (quar.) (quar.) 40c 1 4 6- 6-28 — pfd. (quar.) Ltd. (quar.) preferred — (quar.) Inc. 4% 6- 45c 7- 10c (quar.) 4 6-29 6,-29 ?5c + :— 6-25 15c 7- 7- (interim) com. $1 (quar.) 6- 5c - $283/BC Tobacco dep. 6-14 6-14 33c. ... 7-15 * $10c pfd. 6-29 (quar.) — Ltd., 5 7# 6-29 —-— 32'/a C (auar.) 6-29 35c (quar.) Columbia Stock — 8-15 3 62'Ac preferred (quar.) 4*4% preferred (quar.) 4*4% preferred (quar.)__ 4 *4% (quar.) 7 9- 4% 6-14 1 7- 1 65c 7- $1.25 ** 434% $1.50 of America Avalon Telephone Co., 8- American \ 5-31 $1 — (quar ) 7 6- 56 Vic British — 6- 6-20 (quar.) common Ordinary bearer Amer. dep. receipts British Celanese, Ltd.— 7- 25c Co. American 7-13 '2*/a% —— 6-14 6-20 $72'Ac — American deposit r • Industries (quar.) 3 30c (quar.) (quar.) & Co.. Ltd. American British — — 7 7 1% Bristol-Myers Co., 334% 7- $$1.50 7 G- 6- 5c B/ltish (quar.) 7- Stock Mfg. British $15c 6-19 re Brillo 50c (quar.) 6- 1 I of Canada, Ltd.— Co., G.) Brinks, Inc. 6-14 $10c 7-%c Gas (T. 35c A 1 7- $$1.50 preferred (quar.) 6-10 7 9-24 7- 6-14 6- 7- „ $n. — preference Bright 7- 7- " $683Ac dividend Extra preferred 7- 6-20 ; 6-14 $62 VaC Bridgeport Brass, common (quar.) 4*4% preferred (quar.) 6-15 7- 12-24 6-28 , 7-15 ! (quar.) Pi ' Bridge & Tank Co. 1 12-27 • Light & Power Co., Ltd.— 6% preferred (quar.)— Brewer (C.) & Co., Ltd. (quar.) Stock 6-28 v>": 9-27 Brazilian Traction 5-31 7-15 6-25 Ltd.— (quar.) preferred (quar.) (E. J.) & Sons (quar.)_ 6-29 Extra 11-29 7-2G 7- 25c —— — 6-19 7-15 6-14 of North America, Corp. preferred 12*/ac 5 12-15 6 j25c (quar.) 5 25C Bowater tl5c Corp. 7- 8-30 $70c 2 — City Electric 7- 9-15 7 Brach 7- 6- 6-14 6.28 37*4C (quar.)__ 5*4 9c 6- t25c s 45c $1.25 (quar.) 5% 6-17 $16'AC (s-a) 18%C $1.62 */aC —; 6-17 COc Ltd 75C (quar.) 6-22 6-28 (accum.) 6- $1.62 '/aC > 6-17 7-1 (quar.)—— Boston Fersonal Froperty Trust 6-28 3 25c 20c $I.25 $1.25 Club preferred (quar.) preferred (quar.) $5 $5 6- 3 6-14 1 $1.25 (reduced;—; Brass - 6-14 ' & '' 6-26 6-28'1' Aluminum 7- $1.37*4 (quar.) Boston & Maine RR., .$5 preferred 25o — 30c " Bohn -Book-of-'the^Month 30c (quar.) 16*/4C f 5 "*'- 6 Topeka & Santa Fe Ry.— Products' Class 6- 6-27 12*/aC (interim) 6-21 7 '<'5-29 6-17 c'T'coT^*""*"" (H. prior preferred 53 */eC - pfd. (quar.) Atlantic Wholesalers Ltd., class A (quar.) 6-14 6-14 6-26 7- (Shelby, N. C.)— • 6-28 $2.25 (quar.) Atlantic Greyhound, 4% 5-24 7- 5*4% & Telegraph Co. preferred preferred Atlantic Bohack 6- $15c Picture Atchison, A they 5 6-10 1 $1.08 $4 participating class A (quar.) Associated Transport, Inc.— 57# ; 6-20 12*4 C preference (quar.) Ridge Insurance Co. 6% Blue 250/ — Associated Telephone "> 7- "• 5-31 1 6-20 i Tobacco— convertible preferred (quar.)——.— 6% 7 0-10 50c — receipts 6-19 $1.25 $1.50 •6- Industries, Ltd.— 7- 7-31 -7*40 ; (quar.) conv. 7- ( 6-11 7-10 12'4c • ' " 2 7- 1 $2.25 Bloch Bros. 25c 6-12 67# 7- 22*4c - Associated Electrical Amer.-deposit :- 6-11 $18c (quar.) ' B 7- 2 $1.18 Associated G-19 r 4334c — 6*4%' preference B (quar.) (J. H.) Hardware Co. Class Associates Investment 50c (quar.) 37*4c (quar.) (quar.) 15c $1 25c (quar.) Corp. Industries' 87*/ac (quar.)— American 6-28 ' 1 $1.31*4 25c class A (quar.) Construction 15c (quar.) 15c inoc (quai\) Arrow-Hart & Hegeman Electric Co 6-19 _ (quar.) preferred B 6-10 6-19 j: _ 5.23% Ashdown War- (quar.)— 59c : 3% preferred Blltmore Hats, Ltd..— Corp. 6-19 : 5% G (quar.) Gas (quar.) 7- (quar.) Corp., com. 6 6- $1.16*4 (quar.)_ preferred 6-33 Rubber— preferred 7 6- 1 6-21 Light— 7- (quar.)—: Note, common (quar.) Biltrite f35c Limestone & Cement Bridgeport 6-15 7- 25o conv. pfd. preferred 6-10 7- ' 6- 1 • (quar.) & 1% $1.06*4 - class A 6% ( 7 7- i: 6-14 2 ,7" 3 7- 2 $25c ' — (quar.) 6-14 7- 35c , •American American Bank 6-21 6- 25c (quar.)— Corp. preferred 6-25 . 7- 30c common Co., (quar.) (quar.) 6-28 6-14 7-:i J25C 3 (quar.)_. — (stock dividend). — Bethlehem Steel Corp., 7% pfd. (quar.).—— Bibb Manufacturing Co. (quar.) J 7- — 5-24 6-25 (initial)-, Metals 4% 6-14 1 $1.12*4 Bestwall-Gypsum Cp. Power Armstrong Rubber Co., Class B (quar.) 6-14. 22*/ac __ American Alloys Corp., 6% Art 6-14 7-1 7- 45c 84 %c dividend $2.90 Arvin 6-29 9334c Oil 7- preferred 6--14 6-21 15c Asbestos Corp., Ltd. (quar.)— Ash Temple, Ltd., 6 7# preference 7-20 1__1 Mills Paper & 1 50c 59c preferred (quar.). 6% 6-30 16*40 " " • 1 V:; 750 * . 'i $7 — 6< 12*4o (quar.) Agricultural Chemical 6-14 > 60c (quar.) common 6. Corp.— on Fuel 7- 1 , Atlantic Aggregates 6-14 ! (quar.) Standard Life Bessemer $1.50 ... Arkansas-Missouri | Corp. 6-14 1 50c Finance 3 6-28 $1 ... —2 (quar.) Anthes-Imperial Co., Ltd.— $5.25 preferred (1955 series) is result of merger beAmerican Hard Rubber Co., Bach- Petroleum 6- 6-29 • $1.25 Cable 1 25c (s-a) Co. & 7- preferred American Wire 7- (quar.) Worsted 10c ' (s a) (quar.) 7- $1.75 ' Uxbridge dell Corp. I Aircraft Quarterly Beryllium Corp. 30c (quar.) Pulp $1.15 1 (quar.) (quar.) (quar.) $1.05 ' mann „ 6-24 6-17 7- -1; Beneficial 12-10 $2.80 preferred (quar.) " Anglo-IIuronian, Ltd. (s-a) Anglo-Newfoundland Development, Ltd.— Above, Company tween •*7-1 7- (stock div.) Telephone Co. of Canada Bendix Aviation (quar.) 12-20 $1 Oil, preferred Anglo-Canadian 6-12 ■ (Miami) Inc. Anderson-Prichard ,, - 6-10 50c Co., Anaconda Company — Anchor Post Products :.6-12 7-1 preferred A (quar.) Aluminum Co. of America . 5-20 6-20 6-15 $1 - — —U (quar.)———1— 6-30 1 25c ! J_ iquar.)__. Bell > $4.50 preferred (quar.) Metal, Ampco 6-14 1 7-1 5% - 5-20 ' Writing Paper (quar.)— American Zinc, Lead Si Smelting,(quar.)— $1.25 Allied Stores Corp., common (quar.)— Allls-Chalmers Mfg., common (quar. )„ Alpha Beta Food Markets, com. (quar.) . Tobacco .Amoskeag Co.. a . preferred 6-26 9-10 .American 5-20 .16-25- . ?' e- 7 Allied Paper Corp. (initial on $8 par shares) Allied Products ,(quar.) $3.50 Bell Stock common Arkansas (quar.) (quar.) 9-16 31*/4C« 6% pfd. American Vitrified Products (quar.) . (United Rayon Mfg. Corp.) (Amoqnts to approximately $1.04) Algoina .Stdel Corp. Ltd. (quar.)— common yy. iquar.(__ - $1.25 _22 Sugar Refining—■ $1.06 */t dividend ■.r'rVy"" ^9.v.9 Seal-Kap— American Title & Insurance •: 0-27 ; A.K.U. Corp., 1 85c "if? * Algemepe Kunstzijde Unie N V— Stock 7- 65c —■; 6-14 10- 6-18 ' 7-U $1 — Common 9-20 - 3-21 60c ! (quar.) 4*4 9c, preferred 1 C-ll ' ' Belknap Hardware & Manufacturing, com— $1.25 — .3-31-58 29o 5-31 - 7- 25c 12-13 6-24 . 6-15 Sanitary— 8-14 9, 9-13 e'-do $4 . 1 6-26 conv. New 10c Aluminqm Goods Mfg. (quar.) Arrjalgarpated Sugar (quar.) 6-10 7- $1.25 (quar.) American " partic. pfd. (s-a) Alabama Power Co., 4.207# pfd. (quar.) 4.607# preferred (quar.) Alan Wood Steel Co., 57# pfd. (quar,) Alco Products, common (quar.)— 7% preferred (quar.) A1 den's Inc., common (quar.) reduced : Common 7-15 5-31 preferred 6-20 ' 6% , Standard & preferred ,(quar.) American Stores Co. (quar.) 343/sC Co. 12-10 12-30 40C 50C (quar.) (quar.) (quar.)——- $1.25 6-24 Ameracq Radiator 6-12 $4 Extra,.,— 9-10 25c 2nd preferred (quar.) Ship Building Co. (N. J.), com. o 7% preferred 2 2— — American Snuff Co., common (quar.)^—— : 67# preferred (quar.) American Stamping Co ; American States Insurance (Indianapolis)— 34%c .Allen Electric & Equipment Allied Laboratories (quar.) 9-27 ""6-11 6-29 25c $l/4334 (quar.)— Beneficial i2-3l 'W, $1" A5C! $3 preferred A (quar.) Allegheny A Western Ry. gtd. 6-10 6-17 6-28 R. R ( 10c (quar.)_«_„— preferred 6-17 '6-30 • '6-28 — • €-14 ,7- I " (quar.)— —.—!TBeech-Nut Life Savers (quar.) L4.I 1 Belding-Corticelli, Ltd., 7% pfd. iquair.)— 1 Belgium Stores, Ltd., 5% preferred tquar.) Lines non-cumulative non-cumulative 57# 6-28 •Ia-——— ■ President 6,-12 i; A » :•" 7- 2 IOC v (quar.) Beckman Instruments 20c — preferred preferred non-cumulative preferred 59c 57# Ordinary (s-a) , B American American 5*A% preferred B (quar.) $3.75 class A Piano, 6-10 7 ViO Allegheny-Ludlum Steel 6-20 . 3c ,.9-30 M 60c A— _i—— preferred 7-15 50c . $23.par (initial quar.) New 77# preferred $25 par ((initial quar.) American Surety Co. of N. Y. (quar.);—.oJii. American Telephone & Telegraph (quar.)__.. American Thread Co., Inc., 59c pfd. (s-a)— -vtifr'-t* Akron Brass Mlg. Co Alabama Great Southern RR.— 4*47# Class 6-10 ¥-15 " 25o - preferred ' (quar.) —______ 4ta % preferred (quar.) —__— Beaver Lumber Co., Ltd., common 6-21 3c V'-- 2% (quar.)— conv 1 8- 3c , American ' 400 5*A% American 8- ' 6-14 V 6-10 1 1 56V4C 3%% , Beech Creek ———■ 2 Insur^pce Co (quar.) ——_— Agricultural Insurance Co. (Watertowh, N. Y.) Common Increased 5-20 4 : (quar.)— Investment A Discount, Inc.— 6c t$1.75 ——-— common 7r 62V2C\ (quar.)— Foods Co.. 6-10 7- $1! ——— _— 7 7-1 n. (quar.).— Laboratories 6- ,'7- 1 $1.06 Optical, common (quar.)— preferred ■<£■>, $1.40 — 6-10 (Hartford)— Co. 1 — —— 2 Aetna Life; Aicf - Co.;.(quar.) 6-21 • 6-28 Co— 2% : :: : long-term capital gains) & 27'/2C Lomb <Ss Beatrice : Works Iron >; 4% ■ 8-21 (quar.). :• (quar.)———v Co. 6-3 • , preferred , " common preferred Bastian-Blessing 6-14 ——— — 6-21 50- 27MjO —1 Corp, v r. $1.75' (quar.) (quar.)— Inc., 5%% (Galveston) Insurance 7- 2%; pon-cum. Bausch 6-15 9- 3 (quar.)—— 6-15 130c .—!— Adflressqgraph-MuJUgraph 6% 7- 1$1.25 —rl—— - 6-15 6-28 6-28 :^-7-20 — (quar.)_„i 8-26 6-28 common B Baxter American Safety Razor (quar.)—. American Screw Co. (quar.) 6- ;l Aeolian Co., 5 ,8- U2'/2C Adams Express Co.— " * .«>.!" "n»»•« vv > (15c from net ordinary income & 35c fropi net .realized American American 7- (quar.) — r7 Stock dividend 6-28 $1.75 37 *4 c News ? 6-14 J7t v* dividend Bath Optical Co. (quar.) — Photocopy Equipment Co. (quar.)_ American , 128'4c , ( Stock dividend 6-12 50c American 59o 3 , Adam Consolidated Industries, Inc.— Stock. dividend 6- 7- t&Vaa' Products,-Inc. 6-28 '< — : 6-5 -7- ■ / V- (quar.)_T-——__ $1.10 tconvertlble- preferred v 6- ,..7- $3. - ——— 60c American V'/ C- 3 6-28 0-28 $1 ,A ■ (quar.) Acme Precision ; 45c . 4,'A % pre/erred, (quar.) —.— Acadia-Atlantic Sugar Reiineries, Ltd.-r Common (quar.)i — T 59c preferred (quar.) —— 4 ■ of Rec. ' * , /''• Payable (quar.) 1— 6-28 —— Insurance Fire National Quarterly 8-/2 t . Holders —*•- Ab.iiibi Power A Paper Co., Ltd.— . American 6-6 8-23 'A- 27# ((1.20 class A (quar.) Acme Electric, common 7-15 income)— ' convertible preferred 6-23 (quur.j. (s-a) 8-26 l 1 " Share common 7-15 Class 6-14 - 9-16 1 (quar.i— Corp. 1 9-16 ■ 47 VaC (quar.)_.'-^. <quar.)_ RR. preference, (quar.)_ Barry Controls, class A (quar.)—. Fund— National Bros., 7*• «1 60c 4*4% t 6-14 ■•■';20c When Abercrorabie A Fitch Co., $6 pfd. Common Mutual investment Quarterly 15c 7- Oil 6-14 40c preferred preference $1.25 common preferred convertible American Per . Laboratories, 3 6- 6-25 . '$$1.12*4 • 7-15 6-15 7% 1 ' 7-15 t. /> (quar.)„ 8-29: 6-14 ' <quar.)__ Barber-Ellis of Canada, Ltd.— Basic, common (quar.) Products, preferred 4^4% Co;, Metal (From 1 ' 15c ' 4% I 7- 1 $1 '.*• ' 97 */2 C — (quar.)-——-— Ltd.— '. Metal American 7 1 *[>. ■" >: Stores Stock dividend 45c /♦,' y\;' Company ACF-Wrigley 47# 8-30 give the dividends announced we Name of Abbott 6- 8- preceding table, j f 6-14 9-20 5*4 rM in previous and not yet paid. The list does not include divi¬ announced this week, these being given in the Below 5-20 7- 5 Aroostook 6-10 7- 50c (quar.) common (quar.) 6-14 6-20 ' 8- , Co.) 7-1 12-31 '6-27 ' $4 45c $1.12*4 Bangor Hydro-Electric, common 4 7% preferred '(quar.) 6-14 •! 30c ■' $1.30 1-15-58 (quar.) & 6-26 9-30 : (quar.)___— preferred Barker ~ preferred American $1.26 recently changed (name 4*4% $1.25 ; preferred American 6-21 6-20' l! 25c '30c •' , T ' —-— Manufacturing Yuba from .4 6-21 6-30 $25C (quar.)— Inc. 79o .* 7-15 Maize-Products, American 7-16 7-15 ♦. preferred (quar.) '5.04% preferred (quar.)— 7-1 60C (quar.) Anigiiean Machine <te Metals (quar.) 7-16 10c <quar.)__ A' Marx, y — 5% 2 5-31 10-15 $1.50 (quar.)_— Ohio RR., & Bancohio Corp. 35C" : preferred 5S# 7-16 8- 30c Wisconsin Public Service, common Wolff 6-20 8- — Hydro c- 9- 9-10 7-15 - 4% Bangor 1 30c 6-17 12 *4 c ' preferred B preferred C Baltimore 6-21 ' 7_ 1 ; $1.31*4 prior preferred (quar.) American Machine & Foundry Co.— 3.DOS# preferred (quar.)— 6-20 1 $15c (quar.). Wisconsin 1 7- 50c - Electric 7- 32'4C preferred(quar.)—. —— preferred (quar.) Western Plywood, Ltd., class B (quar. i Western Union Telegraph (Increased quar.) Whitehall Fund, InC — 5% 5.20% Wilson : 111.— 5*4/# 7 6- 6-25 31'4 c Co., com. (quar.) (Consider H.) (quar.) (J. C.). Ltd.' (interim)- y 30c s'; r Willett 6-30 Barber income and 35c capital gains) of Co. Investment 4% 11-30 7-10 $1.50 12*4c ofdinary Co.— Piano 4*4% 8-31 12-14 Corp.—. ordinary net 9-16" 25c 25C . 35c * from net realized long-term t American 6-14 2 7- $70c ———- Western Light A Telephone ; Irom (10c > 8 6-15 L• 90c Co. 6-25 7- 1 8- 25c International American .'6-7 • Corp.— preferred (quar.) — 6% preferred (quar.) 1 — Baltimore Brick Co., 5% 1st pfd. (accum.) Baltimore Gas & Electric, common (quar.»_ 6-18 ' Holders Payable of Rec. Corp.) 6% r 7 6- . 1. 7- 1 25c c 6-28 7- I ' $1.50 Co. 6-21. .$1.50 (quar.) (Galveston Texas) Supply Indemnity American 6-28 7-15 lyc preferred B «quar.)— Webb A Knapp, $6 preferred (accum.) West Kentucky Coal' <quar.)_— West Kootenay Power A Light Co., Ltd.— v 7% preferred (quar.)— West Michigan Steel Foundry (quar.)—-r— Western Assurance (Toronto) (quar.) convertible 6*v» "Hospital American 7-15 2%' (stock 6-18 6-14 6-28 Worsted Uxbridge Amerace Ltd.— American deposit receipts |or Baker Industries (quar.)—«£ * .'1 7- 45c * 3 7- $3.50 (s-a)—,— 6-29 50c. v ' '•»*preferred stock payments at this time). Ware ', Z5C .; . ■■I: preferred (quar.). : — American Hard Rubber (see Ameracft Corp.) V American Hoist <te Derrick (quar.) American Home Products Corp. (monthly)— / ' action taken (See Share of Company Bahamas Helicopters, Baldwin $6 Wagner Baking Corp.— (No Felt, Hair American ' 3 30c vjs ordinary- Amer. dep. receipts 1 6-29 ' 3 6- partic. preferred (accum. > American Enka Corp. (reduced).— American & European Securities American Express Co. ($10 par) . (quar.)-—' American Felt Co.,' 69c preferred (quar.) — American Fire & Casualty (quar.) Quarterly. — — . 7-15 / .,;100% — ..)«i. dieters, j-td.. 6-24 7-. , 6- 7-12 — dividend Stock 7-15 87*20 (quar.) ■ii XT. S. sugar (Increased) —--4UniVersal-Cyclops Steel (increased quar.)'— ,vb preferred 7% 6-18 6-28 American Electric Securities Corp.— 7- 1 25c 6-18 6-28 100% 6-24 6-24 «33Ac ..- 6-28 75c 6-24 7- $1.12'A Name ■ ' 40c When Per of Rec. $1.12 '/a — 1 93:,AC '' . . Holders —~ preferred (quar.) American Cyanamid Co. (quar.)— G-28 50c Plywood, common (quar.) ■*„ 334% -preferred A-(quar.).— : .334 % preferred B (quar.) — 4'a % preferred '(quar.) 1.-—— U. S. Smelting Refining <5i Mining, com.—;• - When Payable Bachmann Crystal Sugar— (increased quar.)— Common 0-25 7-10 20c income ordinary net American G-25 , 7-10 4Va9c S. U. 8-15 , .. 30c non-cum. & Foreign U. S. Name of Company Payable of Rec. $1.50 ,$6 conv. pfd. (quar.)__ conv. 2nd preferred (s-a) Securities— United Stores Corp., Per Share Holders When Per Share Name of Company ; . (2808) 12 . 1 t Volume 185 Number 5647 . . The Commercial and Financial Chronicle . (2809) Company " • ■■ Inc., common (quar.). 4Mz% preferred (quar.). Butterfly Hosiery Co., Ltd., 7% When Per ' 'Share' , Name o) Butlers 7- Ncune of Company 6-15 Copper Co I T Financial Calgary 5% 4% Power Corp. (quar.) Ltd., Co., preferred 6-15 Christiana Securities, 6-30 Cincinnati Gas iquar.) _____ preferred (quar.)__ :7- :> 7- $$1 » $$1.12'/a ____ 1 ,7-15 $$1.25 — preferred ;4% % 7- 60c $50c common— iquar.) 6- 2 6- 2; 7- 2 preierreu preferred (quar.) (quar.) 30c $1 California 5^25% Interstate Telephone convertible Oalitornia , 111 ____ 7 preferred ,8- ;75C 7 Packing Corp. (quar.), 55c — & Hecla, Inc., common (quar.)____ { V 20c $4.75 preferred A (quar.)—. ; (1.18% Campbell, (A/. SO Co., com. (stock dividend) ,,'V 2 Co $2.50 preferred- (quar.). 1 6? Mac Campoeli Red Lake Mines Ltd. (quar.) $7MaC . .. Camden & Burlington County Ry. $1.30 preference (quar.)_—; Canada Bread Co., Ltd., common 5% preference B (quar.) Eoiis, Ltd, { Ltd., class B_ Life 5% ,. Co. (quar.) Mortgage Corp. (quar.) Ltd., 4.40% pfd. (quar.).. $1 Celar.ese,r Ltd.. series preferred $1.75 preferred preferred Canadian A $31M4C quar.) . , (quar.) 8- 7- 5-31 Ltd. 6-30 6-30 7- 2 6-14 2 6-14 $10c 7-31 $93%c j. 7-15 $75c preferred Carolina'Telephone & Telegraph Co. Corp. net income) { convertible preference Central .Cold Hudson Gas preferred preferred 4.75'/o preferred Central Illinois Common 4.10% ; . .. 7- 1 7- 1 /. :35c :V preferred Consolidated 1 6-10 1 7- 6-14 6-14 6-29 6-18 6-29 6-18 6-29 6-18 $1.06 V* $1.23 , (quar.) 20c 35c . 7- 5 6-10 6-10 Continental 6-10 Continental Certain-Teed 1 6-10 Cooper-Jarrctt, Inc. 7- 1 6-14 Cornell-Dublller Electric Corp., com. 5.25 series A preferred (quar.) Products Motors Glass (reduced) (quar.) — Works, 1 6-14 1 6- 6 312% 7- 1 6- 6 Coro, Inc. 7- 1 6- 6 Corporate Investors, Ltd., class A Reynolds, common (quar.) 6-14 (quar.) 8- 1 6-28 Cowles 7- 1 6- Craddock-Terry Shoe, 5% preferred (s-a) 5% preferred (s-ai Craig Systems (quar.) 4% Co . preferred (quar.) Chesebrough-Pond's, Inc. 6- 7- 1 6-14 50c 7- 1 6-14 Grain 10c 6-28 6-10 Chemical Crane L.) (R. Ltd. Cream 7-15 6-30 $1 6-20 6- 87 Mac 8- 3 of Credit Finance Class A Class 7- 5 6- 4 Cresmont 6-21 6- 5 Crossett 25c 6-28 6-14 50c 7- 6-13 5 6-28 6-18 $1.25 6-21 6-14 25c 6-28 6-14 (quar.) 37 MaC 7-25 7- iquar.i 37 %C Common (quar.) 5 Class B Class A Dallas 3c and 5c Fund from. 6-29 (quar.)_ 6- 12- 6 Crown 6- 7 $1.25 9-26 9- 6 $5 preferred Crucible (quar.) $1.25 11-27 11- 8 20c 7-15 6-14 25c 7- Zellcrbach Steel (quar.)— i-t 6- 4% pfd. & Forster, B.) Co., 6-27 $17*^0 7-15 6-27 ;:$40c 6-28 , Inc. preferred 6- \ «- 3 12 %e ,7-2 6-11 7-: 1 6-14 ' - 25c — . 7-15 6- 1 7f* preferred (quar.) pfd. (quar.) — 7 7-25 7-10 7-25 7-10 7- 1 6-14 7- 25c * 1 6-14 • preferred! ; 7-10 7%% (final) 8-21 10c 6-17 6-10 50c 7- 1 0- 5 52 %c 7- 1 6- 5 ,7- 1 0- ' 5 50c (quar.) 7- 1 6- 5 51*/4C " 7- 1 6- 5 6- 5 6- 5 51%c _____ .' i • 7- 1 7- 52 %c 5o 1 6-29 r 31*/4C Dynamics Corp. of America, common $1 convertible preferred (s-a) 6-17 0-28 6-10 • 10c 6-30 50c 6-30 12 %0 7-15 7- 3 12%c 7-12 6-21 7- 1 6-14 7-19 6-20 East East Tennessee 30c 6-25 6-17 7-15 Eason - 6-17 6-29 10-18 10- 4 $1.50 7-16 (quar.) 1 6-17 7- 1 6-12 7-15 6-15 • 7- 1 6-21 7- 1 6-21 8-15 8- 1 11-15 11- 1 Pennsylvania < Eastern Gas Stock 6-14 $1 6-14 Eastern Eastman 6-14 1-1-58 12-16 6-25 6-12 6-19 12 Mac 7- 1 6- 7- 1 0 Eaton <fc 6- 6 Edison 6-14 Edo 7-15 8- 1 7-15 25c 7- 1 6-10 $4.12 10- 1 9-10 El 9 Bros. 6-28 6- 7- 1 0-14 10- 1 9-16 7- 1 6-14 Y 9-10 25c 250 9- 4 28c 25c ' 8-15 7- 1 6-17 7- 2 0-14 •-27 •-IS 7 3 pfd, 6-14 50c 6-21 6- 3 60c 7- 1 0- $1.50 $2 7- 1 0- 5 (quar.)— (quar.) Fund Fund Stores, 4*4% (from 6-25 6-25 $25c 6-28 7%c (from Ltd. 7- * — 1 6-20 15c 6-28 6-17 6-28 6-17 25c —.— com. 6-10 0-14 lVaC 0-15 6-24 (quar.) new 0-14 1 7- $1.06*4 (quar.) 6-10 6-29 $37 %c . preferred 6-10 net In¬ (quar.) 5 net (initial) (quar.)__ $1.03 7- 1 8-24 (quar.) (quar.) $1.12% 7- 1 6-24 $1.18 7- 1 8-24 $1.35 7- 1 6-14 32 Mae 7- 1 6- 8 0-20 0- « 35c 6-28 6- 7 50c 6-28 6-10 30c preferred 7- preferred preferred $5.40 preferred (Initial quar.) El Paso Natural Gas, common (quar.) 50c (quar.) (Increased quar.)_ (quar.) (Seattle) Products (Increased Corp. (Calif.)— quarter) Refractories <i 6-17 6-20 )• • — & 1 m„-7- 1 Quarterly .Common 7- 13o (quar.).; Paso Electric Co., Electro 10- 17c Stock A - 37*/aC common Electric Auto-Lite Co. $1.78 $1.75 6-17 6-17 7 Mac (quar.) B Electrical . 1 Income) class 6-20 6-28 7- income) Corp., Class 7- 40c (quar.) Balanced Howard $4.50 6-17 common Investment Trust, Economy Baler (quar.) Eddy Match, Ltd. (quar.) 1 6-27 $20c $1.12*% Economic 6-28 6-15 (quar.) (quar.) Howard vestment 8- 25c Co., preferred <fc 6-15 1 7%c Sugar Associates, Investment 7 1 6% Eaten 1 (quar.) Kodak 1 7- 7- (quar.) common (quar.) preferred 7- 150 (quar.)— 2% Asso., $1 preferred (quar.) Stainless Steel 0-14 7- Fuel Eastern 1 7 & 6-14 32 MaC Gas, com. dividend Common 1 0- Natural (s-a) preferred (quar.) Eastern Racing Assn., Inc., 7- 6- Co. 4 Ma % 6-28 6-29 RR. preferred 7- 6-25 • (quar.) (quar.) Eastern Canada Savings & Loan 6-17 6-28 Co. Quarterly 5.20% 6-17 7- Oil 6-14 Co 6-14 7-1 (quar.) 6-29 Sugar 6-24 :.;7-io 3oc 46%C $2 (quar.) c; 40C • 6-M $1.75 preferred r 7-10 ".X; — — 6-28 7% 6-1 • ■ (quar.) 40c Cuban-American 7- 3 8- $25c ' ■ (quar.) Electrtcal Products Consolidated Orystal Oil & Land Co., $1.12 1 7-3 $12 Mac ,'t _____ 6-14 , $1.75 Electric Storage Battery 1 6 7-$5 (quar.) Electric Bond & Share 6-13 6- ^;' 7-t8-.'t'{:'8-2P $1.12 Ma 6-10 6- 6-14 „ 6-14 $50c (quar.)—... common 6-10 6-17 6-28 6-28 '{'7-2 87 %c 6-17 6-29 9-13 6-20 > $$i.i2*i (quar.) (quar.) 1 7-15 , 25c — Laboratories, Inc.— preferred (quar.) 2 $1.50 0-14 " 7- 1-' 7-30 39c I.) De Nemours Co.— 7- 67 Vac 6-15 ' 9-2(1 ^ r 6-17 6-27 (quar.) " 6-20 ; ' $25c —;—1—_ 7- preferred 6 6-20 ' 7-30 and (quar.) ^ 6-29 {.7-1;:; '25C ' , Ltd.— i_—i__— ; 46c 8% ' ;W;<r : • Crum 5 6-10 "/ • L__— 45c America "•-29 " 25c (quar.) $2 5c of 5-31 ■ 25C? ... pfd. stock (10c par) income) Co. •6-25 50C —_________ Co., 4.13% preferred (quar.) 4.20% preferred (quar.) Duraloy Co. (quar.) Duval Sulphur & Potash (quar.) 6-15 1 6-17 " $17»4c (monthly) 0-14 5-31 • . 9c (quar.). deposit receipts—ordinary 4.10% 5 1 8- 1 '7-]5"' *'"7{•'7-15 - 7- 5c — (quar.)... Canada, Ltd. Corp. (quar.) Crown Zellerbach (quar.) gains 4MaC — ' (quar.) preferred $4.72 income) 6-27 (from ... — Duquesne Light Co., common $2.10 preferred (quar.) 3.75% preferred (quar.) 7 (20c from capital investment Inc. —....—_— Dunhill International 6-14 1 Inc.— from capita] Investment 10- I from (43c 6-27 7% Amer. 6-14 7- 10c class A 6^17 Dunlop Rubber— 7 $$1.30 10c (quar.) 7- 10c . — 4c (quar.) Diversified Income Fund 12-24 $7 ——— Investments, 10-24 convertible preferred (quar.) 6-17 Inc.— International, $1.23 1 6-17 40c (quar.) Western Crown (A. (E. Power 25c Co. 37 % C —_ 6-17 ♦ 1 7- Co. Corp. convertible Duke 1 6-30 5-31 I0O (quar.)—Lt4-1 Chemical & preferred $4.50 preferred 5 6-28 Tar $3.50 7- 50c (quar.) Fund, (quar.) Chemical 5% 7- VI 6-20 20o ' Industries (quar.) Drilling & Exploration Cc 7- 1 7 6-14 Dresser 7 $15c (quar.) Fields 6-17 6- 6-28 " —. for each share held)_^_^_— Dow Draper 6-14 6- 12 Mac Corp. class A (quar.) Chicago Molded Products (quar.) Chicago Pneumatic Tool, new com (initial i_ Chicago, Rock Island At Pacific R. R. (quar.) Chicago Towel Co., common 7-15 7-15 10c ... (quar.) 6-28 •'-7- L 25c (Three shares of 5% „ 6-14 125c 6-17 25c (quar1.) _____—_; $1 preference (quar.) Dover Industries (stock dividend) T $2.50 (quar.) Cork Crown Dominion $2.50 Service, $5 preferred $5 preferred 4 ( 8-18 5-29 6-28 25c .4 Ma Mo preferred (quar.) Dominion Glass, Ltd., common (quar. 7% preferred (quar.) u Dominion-Scottish Investment Ltd., com 6-13 7-15 . Oil Common 50c (quar.) Oil Co., gains Common 6-17 7- 6-27 12 %C (s-a) (quar.) B 1 6-25 $2 62 %C 1. L 5 $4 common common Wheat i; /•" £ 15c (quar.) Company, 75c (quar.) Chicago, Burlington & Quincy R. R. Co Chicago & Eastern Illinois R. R. (quar.) Chicago Great Western Ry., com. (increased) 5% preferred (quar.) Chicago Medical Arts Building Chicago Mill & Lumber (quar.) Chicago, -Milwaukee, St. Paul Si Pacific RR. Common 6-25 75c $1.12 Ma Chesapeake & Ohio Ry. Co., common (quar.) 3(2% convertible preferred (quar.) 5 $4 40c 7 ' 6-17 25c preferred A (quar.) Cosmopolitan Realty (quar.) 2 Ma % _____ ' 1 1 v *7%c $1 $1.12 Ma 7 * ."'•7- 8- 25c Champion Paper & Fibre, $4.50 pfd. (quar.) Vought Aircraft (quar.) Chapman Valve Mfg. (quar.) Chemical Corn Exchange Bank (N. Y.) — Quarterly Chemway - Corp. Chenango & Unadilla Telephone Corp.— 4 6-10 , j7 v > 25c (quar.) (1947 scries) 6- common iU : 6-14 6-14 :• '7- : 7- $1.50 (s-a) Common 6-14 1 L 6-21 • i •-.! 9-20 87 Mac (quar.) preferred preferred 6-28 Refining, 6-20 87 Mac (quar,) common 7- 1 <fe 6-20 ' , $1.31*4 (quar.) 7- 6-20 Oil dividend - 6-29 7- 7- 10c 7c 8- Stock : , i I 1 1 > .;12- 1 1 10- 2 6-20 '50c Corset, Ltd. (quar.):— 18%c (quar.) (quar.) 15C - Chance . (s-a) 6- $1.50 ■ 12 Mac Corp. 25o * 7- 9*1 - 50c » (Toronto) 7- & •-{6- 1 .> 9-15 12-15 93 %c w Co 7- 6-20 i —___ :.U' $1.12 Ma ; 7-19 5c Dominion Foundries & Steel Ltd.— Industries— Insurance (quar.) Champlin 25c 25c (quar.)— Continental Corroon ■■6-25 7- 1 . $1.13 Controls Co. of America 6-11 •.7- 5 , $20c (quar.)— 25c 7 12- ' * 7 6-10 6-25 Dominion 7 6-10 6-28 j 6- 1 $2 6-25 6- 1 13c 5 5c ; 12-15 shares-M_ Dominguez '-. '7- , 1 $1.19 (quar.) > 1 7- 40c Corp. 6-14 7- 7- Cerro 1 7- (quar.)— Life Century Shares Trust (from investment inc.) 3 7- 15c Quarterly Corning 3Ma % 7- -7-15 • $1.12 Ma $1.12Ma (Chicago) 62MjC (quar.) Dodga Manufacturing,". $1.56 Dome Mines, Ltd. (quar.) Co.— Gin 1 6-14 { 3 6- convertible 2nd preferred 1 1 6- 6-13 6- RR.;Co. common Crucible 6-10 ■; " {{; G-17 25c Beneficial 6-14 Continental Copper & Steel 7- 7- ' 7- (quar.) (Joseph) 6-1* : 6-27 ' 25c 62%,c Houses (stock divedend) Dodge Si Cox Fund—Beneficial shares—.—: 6-17 7-2 Assurance 6-29 $1.17 (quar.) 6-17 6-28 (quar.) preferred Dixon ' 20c (quar.) $1.04 common U'"6-30 $35c (quar.) A 10c Corp., 6-10 $40c $1.50 (quar.) (quar.) 7-1 I ,'6-20 * 25c income) Aluminum. Corp., 36c preferred (quar.) Dixie Cup Co., common 6 $1.04 Can 7- Service— investment net Dixle du Pont 1—___________ $1.15 (quar.) ' of (quar.) $1.18% ; 6- > (quar.) Continental $1.15 (quar.) 8 '/o preferred (quar.) Pasco ,6-20 , $40c Co. (quar.)— (Toronto) (quar.) Co. 87 Mac Class-A de Gas preferred $4.50 preferred $4.52 preferred $3.75 > 6-28 Power Co.— $4.16 4.50% 6-24 6-25 , ■ : Products Continental (quar.) 4.75V preferred Consumers Consumers 5-31 $1 (quar.) 4.65V preferred G-17 6-17 G-21 $1.16 (quar.) Century Acceptance 1 7-1 1 6-24 1 DuMont (s-a) Acceptance, class convertible preferred 60c 1 15c Consumers 1 • 65'"'s c Smelting Rock Consolidated { 8- 7-15 25c income) & { ' (quar.). Western Corp. (quar.) Diversified Growth Stock 6-10 6-29; '."•7.7 25c Diversoy 8- v •* —— 6-17 1 7 6-18 „ „ South & Diana Stores Corp. (quar.).: Dianey (Walt) Productions Distillata Co. 3 Trust— Paper, Ltd. 65c (quar.) Public Extra- $1.20 (quar.) preferred . 6-17 7- 6- 6-28 $1.25' Mining Ltd. 6-17 7- 6-28 30c y (quar.) investment 1 $1.12% 3 ' Co.— Investment Canada 7- $1.183i Power, common preferred (quar.) preferred preferred 7-1 (quar.) 4.60%. preferred 5Mt% $1.02'a (quar.). Maine Vermont Consolidated $1.02 Ma — preferred (quar.) 4Va% preferred (quar.) 4.15% ■: 7 7- 4'/o Central 7 7- ... preferred 9- 12- 6-10 preferred (quar.) Central Illinois Public Service— 6V 9-20 12-20 6-10 6- $50c •*. (quar.) 6-29 'i__ ... Western RR. (quar.); Fruit, $3 preferred ''T'\ Motor Car— 6-29 ' (quar.) Consolidated (quar. Indiana Gas , Consolidated Foods Corp., conynon (quar.)__ Edison B Diamond $1.25; Coppermines (quar.) Di Giorgio 6-25 20c 8 1 (quar.).:— 4.64 V • (quar.)__ common 6-10 , $7 6-20 15c (quar.) 7 $1.18% com. Corp. 6-10 6-10 Corp., 6%. preferred (quar.)... Raynolds, class A (quar.)______... 7-10; . 0-10 $1.14 — 1. 6-10 $L07, .!■: ;* 6-29 Detroit Steel ; 6-30 10c 6- 1 Dcvoc & 10c '••M.. 7- 6- 7- 4 10%'/ 1 6-2^ e-29 9 7-20 12 %c 6-20 Gas— D {■' vku Consolidated 7- 7- $1.75 3 $5 preferred (quar.) Light Co., preferred (quar.) '•••.. • Cement Hillsdale 9- i 6-13 6-11 5-24 ^,6-17. $1.05 —__ Gray Iron Foundry Co 8-15 20c /{ $1.25 Detroit 3 6- 6-28 92VaC. 1st preferred (s-a)— Canada Tunnel (quar.) : Detroit & 6-14 5 6- 6-17 7-1 ; 12 Vac Co.— $2.50 to $3.50 6-14 1 6-12 : 7-1 5c Tramway Corp.— Trucking 6- 3 v < 7- 2 , 37M«c Dobbs Power preferred (quar.) 40c prcferrod (quar.)_ $1.25 Denver {/. 7-24 $1.50 40c Consolidated <fe Rio Grande 5-24 ■i Chicago Denver : ... (quar.)., Association (Toronto)— 7 Mac ._ Denver 9-20 31*40 Quarterly Consolidated • 6-28 V" " 13C 6-20 » 6-29 $1.16 Connoliio, Inc., common (From (quar.)— 5-24 $1.37% (quar.) 6- *1, , 40c A 7-16 8 5-24 3-28 Vf ;:6-28 . ,,:;50c (quar.) • 6-18 50c $1.25 \ 1 7- 7 rt 6-14 6-24 , 25c —_—_____ 8- 8c _____ Life (quar.) Della Electric 6-14 6-29 7-16 6-19 (quar¬ v.»; RR. preferred . " £■! ' T— L 6-17 f5c Consolidated Cigar Corp., $5 preferred (quar;) V. $1.12 Ma & V' 6-21 .. preferred 4.56 Yo Ml2c, , , 1 50c - 7- 2 ; 4.28% V- 3 ;7- i $1.25 — 1 ' $75c 8-14 • 6-28 !2M»c ;— — 7- i50c 3 .6-28 v. Confederation ■■. Inc. Hudsoi) Co. (quar.),.. — Ltd, dlvtdeiid &, (quar.) common 9-14 7-,l; 7-15 033/4c '/ — 78- „25c preferred^ (quar.) preferred (quar.) 7% r" V ' Connecticut Lig'.t 3 6- • $$2.50 ; (quar.).. Electric preferred *.>•..7,-45., 6■■*, $1.08% preferred 4.6% : e- 3 6-26 . 5-21 ; 1 '" i 4.80V 4.75% 25c 6-10 $1.12 Va (quar.) Central Illinois 3.50V v, $1.75 : C Central i 6-14 6-12 _ preferred 4.92% 7-19 6-29 6% Electric— (quar.) preferred B Central 8-10 (quar.) Corp., (quar.)_L Co. {preferred ,(quar.) Class 6-12 _____ 4.75'% 4V % 7-19 7- (quar.) preferred 4.10% & 8-10 common Congoleum-Nairn, inc. (quar.) Conn (C. G.), Ltd., common (quar.) Stock 1 3 Y.)-^- Compo Shoe Machinery Corp.—r 5% -, preferred (quar.) Composite Bond <fc Stock Fund v 4.20% 10c (quar.).. International Commonwealth Water Co., 5 V % pfd. " 4% 70c Co. (Del.) terly from Investment income)_. 6-10 ,7-1 Storage 4.50% J 1 ll3,4c — 4.35',o 7- $1.75 (quar.) :_ 6-21 i, (quar.)—.———— Central Foundry Co,, (quar.). Central of Georgia Ry. Co.— 5% preferred B (quar.) 5e/o preferred B (quar.)... 5'/o preferred B (quar.). Central >7- 1 3 '25c (quar.)— (quar.)_ (s-a) 6- 6-15 66- <fe 40c __ 6-31 ' . preferred • (quar.)— preferred (quar.) 25c (quar.) (N. Iron— 3.70% $2 Commonwealth Investment 6-15 ... :___ — Central Aguirre Sugar Co. (quar.) Central jpanada Investments, Ltd — *■ 1 1 50c .. (quar.)— Celanese Corp: of America, com. Wo 7t $1.0o _ 6-20 7- 6 12- • €-17 —__Luf-V-: $$6.25.'"' T'j Delaware, Lackwanna & Western Delaware-Power & Light Co.— (Wash., D. C.) Trust > 26c , r. (quar.)...— 5% preferred (quar.) Delaware R. R. (s-a) 2% Edison, .1 6-13 6-28 $1.25 dividend.: preferred Mfg. $2 State 7 6-15 16-28 60c — preferred 4 % % .preferred A 7%- 2nd preferred 7- 1 from (quar.)- 6*/*% 6-30 $2. _______ r 6-29 5 6-7 >oc (quar.). common Malleable Deere .6-15 7- -. 7 6- ,fy 9- 12-27 - (quar.) ; & Co., Dejay Stores, V 7- Ik 50C ... Commonwealth B— Delaware 6-14 •V Mills, preferred Decker t 6-14 ^ 50c 50c —...— .... Commercial .4.64% River Detroit, E'lectric & (quar.) (quar.jL——;— preferred (quar.) —! —__,J, de Vcgh Investing Co., Inc. iquar.) 4. Dfccca Records, Inc. ,(quar.) .1".——! v '(6-14 6-29 v. Bank A 6-17 7-"L': 31M*c (quar.).. Co. (quar. Solvents' Corp. (quar.) Stock class 6-15 6-29 '4 • 5c •i:.- (quar.) (quar.) System (quar.) Commonwealth 6-14 6- 20c _ Cascades Plywood Corp. (quar.)— Case (J. I.) Co., 7% preferred 3 7- 2 65c (quar:). -V '• :> 68 %C Commercial ' 9-27 non-cumulative 5% 6-17 • 1 62 Mac Ohio 6-28 50c 11c Ry. Co.-—• (quar.)__._____^ preferred 50c (quar.) lie - preferred Gas (quar.)—— A Inc. 7 «- 7 6-28 A Dayton 6-14 l;i $1.12 Ma com. 8 •3.7- 1'- 30C (monthly) Semi-annually 3 6- 2 7- 15c (quar.) 6- 7- r 93%c ; Caterpillar praetor, common 4.20%* preferred • (quar.) Carthage Mills (quar.) 1st 1st > «-ll 1;.. 77- ••■7 Mac (quar.) Columbus & Southern 3 25c. : 7- 87 MaC Commercial Credit 3 7- 2; $25c > — (quarterly 66- 25c „r; (quar.)., 7-31 6 7- 2 $$2 __ •> $7.40 ir, a. 75c class Corp., 33/i% preferred" A (quar.)—1 Darling (L. A.) Co. (quar.) David & Frere, Ltd., class A (quar.) 6-14 r- 15c 7- 1 class 5% 6-14 <. 6-28 $1 »i (quar.) Dana 6- 6-28 $1 - - - common Columbia Title Insurance Co. : 8-15 7- 2 s \ $$1.25 __ 6- 3 8-15 $$1;. V 6-14 6-20 $20c _ .tteneral 4% 6-28 * 9- /. $$1.25 5 % redeemable preference (quar.).. 8% preferred (quar.) Canadian Westingnouse Ltd. (quar.)— Capital Products Corp Capitol Records, Inc., com. (quar.) $2.60 cqnv, preferred (quar.) Carey. Baxter & Kennedy (quar.) preferred 4% ; B : - 15c . . ' 6-25 25c : 6- 1 non-cumulative Dan v 6-10 , 7-1 * ** y 63c (quar.)t A Colorado & Southern ' ... { « Corp., : 6-14 6-14 7- 6-20 6-12 7%1 $1.75 t'.H (quar.) (quar.).. Power, common (monthly) preferred (quar.).: Columbia 7- , 1st Wo 6-28 — •''■• (quar.) Central (quar.) .7 7- J 7-1 non-cumulative Cutler-Hammer, , 6-20 2 50c '' j. (quar.) pfd. preferred 1 5 75c $2 " iquar.)-^-.^..- Stone 7- 90c t •\ $3.50 prior Common 8 6-14 '' __ — (quar.) 5Mac/o preferred B (quar.) Colorado Interstate Gas Co., 6-28 $15c 20c . •> common 12 Mac (quar.)— ' 6-20 ,.7-3 10c; .i ' ; Products 5V preferred 5-31 7-15 7-15 $20c _ ( 5-31 $$2 - Co. <te Colorado Fuel & Iron *• (quar.) r Common 4 Ms Mo 5-31 6-30 (quar.) Ltd.—; Colorado 7-10> — Carriers 1 $50c U8%c — 3%% b- 5-31 $15c (quar.) Sand $1.60 6-10 6-28 ; 6- $2 *6- 6-28 . ' .7- $15c — Carnation (Co.; ' . $43%c Canadian Oil Cos.,-common 4% preferred (quar.) Jolonial 5-31 common— Co.. Colonial Finance 7 6-13 i * •-11 6-20 $2 $L12Ma .... (quar.) International Engineering, Colgate-Palmolive Co., 3 7- Canadian preferred 6- l 8-15 $H2'/a Publishing, $4 prior pfd. Class ... (quar.)...; Coleman t,6-14 ,{'.6-14 $25c Industries Ltd.,. common (quar.) 7Va % preferred (quar.)— Canadian Ingersoll-Rand Co., Ltd.. (quar.) Canadian International Investment Trust Ltd. 5% 6-21 $15c (quar.) Electric (quar.) Coca-Cola Co. Coca-Cola 7- (quar.)'. commoc Canadian Jce Machine Co., Class A (quar.) ■V 6-14 2 7- 6- loo '40c (quar.) clothing, common 4Ma% preferred (quar.) - 60c ' Bottling (Cinn.), class A Coca-Cola Bottling Co. of New York 6-10 7- 6- { { 6-15 * 15c Molybdenum Co 7-2 2 .<* it. (quar.) Trencher 7" 2 $37VaC (quar.) General 6-14 $31Vc > (quar.) Canadian Drawn Steel Co., 60c Climax ,7-2 6-24 Drug Stores Curlee Curtis , Coca-Cola $$1.10 (quar.) (Increased class 6-11 6-11 C. 7- : : 7-26 $90c ! ~3% • ; 6-14 $$1.15 ; Canadian.Cannersfc Ltd., Cleveland preferred Color-Craft preferred <s-a)_ Canadian Cleveland Quarries 5-20 $4.50 s Canadian Breweries, Ltd., common $1.25 conv. pref. (quar.) Ltd. 6-14 7-15 9-16 5c 7-28 $37 Mac (quar.).. Assurance Canadian Bronze Co. 1 1 6-14 1 7-29 div.) 8-15 $$i;o(>v, Lines, Ltd.— .(stock 8-15 J$25c ;• -i, • __ Permanent, Canada i Safe way, Canada Steamship A $loc preferred (quar.)... Canada 1 class (quar.) Cleveland Builders Supply (quar.) Cleveland Electric Illuminating— 6-26 7- . .. "$i y» Manufacturing 7-1 $1 my*; ,,7- 1 . Foundries, Ltd., com. Co., ilOc 25c - Iron 6-21 2 1 Cunningham fyf $1.13 ... Clayton Mark Af Co. 7- • 7- 6-15 , 7-15 Holders Payable of Bee. 10c (quar.) Curtiss-Wright Corp.— Cluett, Pcabody & Co., common (Interim) 4% second preferred (quar.)___ 1 7% preferred (quar.)..: (qUar.)._ __ 4%% Canada Utilities Clarostat 6^21 When Share Apartments 6-20 , 7-2 $62Mac Cumberland Telephone— ; 6-20 $10c ____ Bell . ' I Name of Company 7 10- $4 i .. ... 7, ■i • Theatre 7-26 $32 %C : 60c panic, class A (quar.) Canada 7 1 1 ..... 7-28 75c _____ 6- 17- 1 37V c (s-a)__. common Common. ;iquar.).. Canada Flooring, V ____. 7 .7- . ! 6- 4 City Investing Co., 5 V% pfd. <qu^r.);_i._..j_ $1.37% { 7-1 City Products Corp. (quar.) ___L— V? ! i 62%C M 6-29 V: Clark Oil <fc Refining (stock dividend) r 6-30 2 Yo\ 17-25 .. 6-29 6-29 : - Campbell. Soup CO.; (quar.) Canada 8-15 . . 6-14 - 1 6- 8-15 .'v (quar.) Casualty (N. Y.)—■ (Stock div.) (One sh. for eaeh 9 shs. held) { 7-15 ~Ji-1 .26',4c . 7' $1 Citizens Citizens ______ (quar.).. Quarterly 6-14 1 Electric, Cincinnati & Suburban Co.— (quar.) Calumet Canada Dry Ginger Ale., $4.25 preferred (quar.) preferred Semi-annual 6-7 I & - 6-25 $1.75 common Circle "•j 7-. 62c (quar.)—— Per of Rec. - California Electric Power Co.— -1$2.50 preferred (quar.) 7 V 4% preferred (quar.) Cincinnati, New Orleans & Texas Puciric Ry; 6-10 €-14 ■» Holders Payable $1 1 4% C When 'Share , Chile 7-30 $$3.50 (s-a)__ Per of Ret, 1 7- 28 Vac pid. Holders Payable 15c 13 , Abrasives— (quar.) El&in National Watch Co. (quar.) , ' 15o 6-28 6-14 15o 0-20 8-29 Commercial and Financial Chronicle The ' ' . ■ >' . t'C: ,'/• '• ■ ■' ■ i: -T:'. ■ Share 40c 3oc <quar.)__ (consol.) Water Co. Elizabethtown <quar.)__ 5% cumulative preferred (quar.) 5% 2nd preferred <quar.» ~ Elmira & Williainsport RE., 7% pfd. (s-a|__ common Company, (quar.) — (s-a)—_ (increased quar.)„_ preferred 7% Emhart Mfg. Co. dividend Stock Equity Fund, Inc Railroad Erie $5 (quar.i (quar.) preferred Ex-Cell-O New 6-14 1 (initial quar.) 7-15 8-15 7-15 1 9-21 10- 6-28 68- 9 11- 8 7-15 6-14 7- 1 •6-17 7- 1 6-17 of New York Excelsior Insurance Co, Life Excelsior 7- 7- —_________— Extra 4.15Vc 6-10 1 2 4.25% 6-10 6-28 General General 4Wo 6-28 2 recently split five-for-one, Above stock was preferred 6% Co., (quar.) 7- 1 7- 1 6-11 5% preferred B (q iar.i— .____ 62%c Fanny Farmer Candy Shops, Ltd. (quar.) 37 %( Fai*>tecl Metallurgical (quar.)_——_—25c Farmers & Traders Life Insurance Co. 7- $3 7- Y.I (quar.)—_— Farmers Underwriters Assn. (quar.)_— N. Farrel-Blfmingnam Federal Bake Federal Insurance Co. (quar.).—. Monthly Ferro Publications (quar.)___——- Stock dividend 4 "6- 7 6-17 5-31 6-29 6-17 40c 2%. 2% 30c ; Fibreboard Paper Products, common...—__ Oil (quar.) Co. of Co. First First National First City (quar.)-™ Y.)— i. (quar.) Co. : and com. on 6- 5 7- 6-25 6- 6 6-20 6- 7 Florida Power Florida Power & Public Utilities, 4;!i% Light Co., (quar.) preferred 6-14 Stock 6-14 Holmes 7-19 8- 1 7-19 Holophane Co., Inc. (quar.i Home Oil Ltd., class A (s-ai 7 Vic 7- 1 6-14 Home J Florida Steel Corp. (quar.) t. — Flour City Ornamental Iron Food M Fair Stores, Pood /Common Foremost Fostoria (quar.) Dairies Steel Pressed (Canada), Co. (N. Fownes Eraser Frick $1.23 & preferred 6% Co., (L.) Realty _ Fruit of $3 the Loom, (George Fundamental A.) I 6-10 $1.12 Vi 1 6-10 — Ltd. (s-a) (quar.) preferred preferred convertible (quar.) & ' (B. 66- 7- 1 6-14 7- 1 6-10 6-29 6- 60c 9-16 8-15 £$1 6-29 6-10 £50c 7-31 7-10 35c 6-25 6- 15c 6-27 £25c 9-16 £25c 12-16 11-2'J 10c 6-27 6-17 £35c 6-28 6-14 T & Toy, Corp. (quar.) (increased quar.)____ Ltd. T/) (W*. Co., common preferred 1st £30c t, 11-15 6-17 5-29 6-28 4 Garlock > 75c Packing (quar.) ; 6- -6-17 1 I-T-E 1, f/o . .' • (quar.) 3C)c %■■ / (N. Y.) (liquidating) (quar.) Power * 5-31 1 9-13 Guarantee Aircraft Co. of North 2 d-10 7- 2 6-10 11-1 1 6-14 Guaranty 40c 6-30 6-14 Guardian 28Vic 6-30 6-14 6-29 Garrett Corp. Gatineau (quar.) Power Co., 235c (quar.) common 5% preferred (quar.) 5%% preferred (quar.)_L____ £$1.25 ^——--"$$1.38 ifrom long-term capital General American General American Transportation General Bakeries, Ltd. General Baking Oil Co., General Box General Co. of - gains)- 5-31 1 5-31 7- 1 5-31 10c -7- 1 6-14 7- 1 6-14 6-29 6- 6-28 6- 7 . • 7- $2 1 6-17 7- 1 7- 1 7- 1 7- 1 6-14 8-1 7-19 37 Vic Incom.) 6- 4 6- 4 6- ... 4 (quar.) 6-10 £$1.50 7-15 6-28 6-28 (reduced) 2c ; 5%' General 4% Cable 1st Corp., preferred 7- 1 6- General Contract Corp., 5e/o preferred preferred Electric General Co., Trust 5(4 7 6- 7 7- 6- 7 7- 6- 7 6-29 6-14 pfd. (quar.i (Boston) preferred * 1 6-29 6-14 6-28 6-14 50c (quar.) 5% Industries Investors General Mills, 6- 7- 25c Oil Co. 7- 37Vic (quar.) (quar.) Crude General (quar.): common 6-14 25c (quar.) General 6-14 25c (quar.) (quar.) 1 '6-14 7- 20c : 7- 15c 6(4 General 6-28 5uc $1.25 preferred ($20 par) preferred (quar.) General Controls Co., 7 $1 common 5(4 6(4 31V4c (quar.) common (quar.) 7-25 6-21 7- 6-20 $1.25 7c 1 6-28 6- 7 $1.25 7-1 6-10 93%c 8- 1 7- 8 $1.25 (quar.) 8- 1 7- 8 $5 preferred preferred General $1 $1 Paint (quar.) (quar.) convertible to be share 2nd redeemed plus (quar.)„ preferred (entire on June 17 at 25c of 7- 1 6-11 ' A (W. Hamilton 4.50% preferred B per (N. Shoe, Inc. Hanson-Van 6% preferred 5% 2nd Harsco net Generr.l Extra General General Railway Signal (quar.) _____ Realty & Utilities Refractories (quar.) 6-28 6-20 7- 1 6-11 Hein 7- 1 6-11 20c 6-28 6-26 6- Mining Werner Heinz (H. 15c 6-20 7 5-31 4% 5 Va % 6-12 6-24 7- 1 6- 7 6- 7 6-14 5 6-28 6-18 6-28 6-18 6-28 6-18 1 6-28 8- 4% Machine Tool, & 6-14 1 6-14 6-28 6-13 7-20 7- 5 Institutional vestment 6-20 5-31 12c 7-15 6-21 6-17 6- 7- 3 7- 1 $1.14 7- 6-10 1 1 37 V2C 6-10 6-10 7- 7-15 2 $1 7- 1 6-17 $1.05 7- 1 6-17 $1.15 7- 1 6-17 $1.25 7- 1 6-10 $1.06 Vi 7- 1 6-10 • 9-21 6-15 7- 2 7- 2 6-15 ' $3 7- 1 6- 1 6-21 6- 3 75c j Fund Income iiicome from in¬ securities (10c 5c from and and profits) 6- 1 6-17 7- 1 6-19 secu¬ 3 ' — (Chicago)— Building Exchange V Certificates, (Baltimore) Inc. 7- 1 6-19 50c 7- 1 6-15 ' 50c 10- 1 9-14 2 Vic Extra (quar.) Inter-County Telephone & Telegraph J—1— Quarterly 6-14 4 35c Steamship Co r. 6-29 25c Interlake Iron Corp International Fidelity Insurance Co. Stock 1 7- from (13c from 37c 7- 20c income 7-15 50c j Fund Insurance investment rity 6-17 15c 50c profits) Institutional 7- 1 6-19 2% 7-15 6-29 50c 7-15 6-14 7- 2 6-1* 7- - (Dallas) dividend 7- 1 6-15 40c 7- 1 6-20 International Harvester 7- 1 6-20 international Metal Industries Ltd.— 6-25 6-12 50c 7- 6-14 1 —— 4(2% International Milliirg 6-20 International Minerals 7-10 6-25 7-15 7- 7- — £50c Common & (quar.) Telegraph 7-15 7- 5 International 7-15 7- 5 7- 5 International 12 Vac 6-20 5-20 International 25c 6-28 6-10 Ocean 6-14 International Salt $1.50 (quar.) common International Shoe 6-20 International Silver, (s-a) — (quar.)— Ltd 1 6-12 6-26 ■i 60c 6-26 y6-12 75c 6-17 5-24 6-17 5-24 6-27 6-14 6-14 $1 Co. 6-20 6-30 International pfd. (quar.i 7% Telegraph pfd. of iqrar.) Maine 7- 1 GOc Co 6-30 6-20 7- 6-14 £25c 6% (quar?) Power, SI 6-30 5-21 SI Co., Paper 25c $1.37% 6-20 £S3 Ltd., Paints, International 1 6-14 ♦65c Ltd.— International Packers, Ltd. 7-15 7- 6-14 6-30 1 Canada, -— 25c 91 Vic 6-30 - preferred (quar.)— Nickel Co. of preferred 6-28 $1 4% pfd. (qu.ar.)_ Chemical Corp.— Co., Quarterly $4 6-14 7-15 £$1.12% International 5 2 $1 40c 6-20 7-15 (quar.) (quar.) preferred (quar.) 6-28 5 Co. •Common 6-28 21 Vic (quar.)_ 4 Institutional Shares Ltd.— 4% common 5-31 £$1 (quar.) Ingersoll-Rand Co., 6% pfd. (s-a) Inspilation Consolidated Copper (reduced 7 6- 1 6- 6-28 1 Ltd.— (quar.) A preferred Semi-annual 6-29 6-14 6-28 £12 Vic Ingersoll Insuranshates 7- 7- £30c 3 6-10 7- £50c 3 1 50c 6-15 10- 25c (quar.) 5 5-10 6-30 20c 17 Vic preferred 6- 1 6-29 3 50c ; 7- 6-21 50c (quar.) SI 6% £18Vic 3 $1.25 1 6-10 7- Interlake t 6-14 6-28 3 7- 1 7- 6-29 $2 6- Quarterly % 7-15 50c 6-28 6-10 2 Vi 1 57 %c 3 6-20 37 Vic quar.) (quar.) £25c 9-18 12-18 6- 25c preferred $1.12 6-18 9-30 12-30 6- 1 Ltd.— Co., 6-15 6-29 6- 2 7 Vic & 1 6-28 50c <quar.i 6-14 7- 6-28 (quar.) B.) preferred 6-14 2 £56Vic i! preferred ($50 par) (quar.i______— £$1.12 Va 1 preferred ($100 par) (quar.) £68:Ac 5Va% preferred (quar.) 20c Industrial Development Corp., common 7- IIII (quar.) 3.65% 5-21 7- 4%% (quar.) Co., 6-15 6-21 6-30 4V'2% 6-28 - (quar;) 9 6-28 Vi (quar.) (quar.) 8- 7-15 +35c Common (quar.) Corp. (Walter preferred (quar.) preferred (quar.) 4.60% preferred (quar.) Indianapolis Water Co.— 5% preferred A (quar.)__ ...—.—____—_ 4V'4% preferred B (guar.)—___— — Industrial Acceptance Corp., Ltd.— 4.20% E Co. J.) .__— £15c 6-18 50c Co. preferred F Heller (quar.) Inc. (Minn.) General Securities, 10c 25c 1 6-20 $1.50 (quar.) (initial 9 $1.03 (quar.)-L— D preferred preferred Hecla 25c investment 7- 8- (quar.) common preferred $1.12% (quar.) Gas, 7-15 9- $1.03 '/a tquar.) preferred (quar.)__— 4.56% Insurance common preferred C 5V2% 6-12 SLOG (quar.) (quar.) Co. Stores 5% 1 8-15 Ltd.- Electric 5% from 7- £$1.25 [ preferred B (quar.) 6-10 5c 11-1 25c (quar.i Y.) Corp., preferred 6-29 45c Service— and 2 60c (quar.)_ preferred preferred, (quar.) Corp. 4V^% (quar.) 12- 1 Refractories— Hartfield 6-17 „ preferred Indianapolis Power & Light,-common (quar.) Class 35c (quar.) Carpets, Harnischfeger 6-14 gains income) 8- £25c Winkle-Munning Co. (stock div.) Harbison-Walker 5 net 6-15 3 4% Bank 7- Cement 7-1 9- £30c stock) Hanover jlOc realized ' $1.16 — 11-25 Ltd. (quar.) (quar.) Hanover Class Portland 8-19 12-16 $1.25 ; 5 9 9- $1.25 ; 5-31 (stock dividend payable in class Hawaiian 25c 5% Co. (quar.) Paper— Hancock Oil 6-14 Public 7-15 6-14 £20c Mfg. preferred 5 from 5-29 '8-1 20c 4V*c/o 7- (5c 6-17 13 Vic (quar.) Hammermill £10c General 6- 12 Vac ; Cotton, Ltd., Hamilton Ordinary (s-a) General (quar.i Haloid Co. 8% Canada, Ltd.— (s-a) 2% 6-19 (quar.) Printing (quar.) Halliburton Qil Well Cementing Co. 5% A 6-20 F.) Hartford issue $23 dividend) this General Petroleums preferred 15c £30c Harris-Seybold Corp.— first convertible Class Harding General Motors Corp.— $3.75 7-15 Quarterly Hall Supply Corp.— convertible preferred (quar.) 7-15 80c 1 — ; 4% 5-31 6-29 •(quar.)__I___ Co.__ Limestone ,4.12 % 50c - America common 7-15 1 Indiana & Michigan Electric Co.— 4 Va% 6-29 (quar.)_. Gulf, Mobile & Ohio RR. $5 preferred (quar.) $5 preferred (quar.)-, Gulf Power Cp., 4.64% pfd. (quar.) Ltd., 1 8- 3c Indiana $1.25 Y.) 6-10 8- 10c Fund Incorporated Income Fund__ 6-15 preferred Ilahn Brass, Foundation 6-17 6-17 2 Consumer Finance conv. (final) Inyestment Corp., Ltd., class A Life Assur. Co. of Can. (Toronto) Oil, Ltd. (quar.) —_ Tobacco Co. of Canada, Ltd.— Industries 7-1 15c (N. 6-21 Breaker, Bell Imperial Imperial 3 7-26 7- . Builders Co. Co. 6-10 $1.50 preferred 25c Gypsum Lime & Alabastine of Canada, Quarterly T : 7 £7Vic (guar.)—- . 1 80c (quar.)__ preferred 6- 15c Texas (quar.)— $8 3 ' 6-24 $1 General American Investors Co., com. (quar.) Common 6-14 7- 50c __ Circuit 7- • £5c Corp.— (quar.) Gulf Cities Gas, class A (stock dividend) Gulf Interstate Gas, common (quar.) Gulf Life Insurance (quar.) 60c 6-14 6-29 Trust 1 +40c 1st preierred (quar.)____ 6-27 25C ; Engineering 5 7- 62',ac Cement. Co. Imperial Imperial 6-14 7- $2 30c (quar.)— preferred (quar.) Corp. (quar.) 5 7- 6-10 100% div.) preferred A (quar.) Mortgage Corp. (quar.) $1.06'A 5(V conv. 7- 7-15 6-20 12V2C 6-17 : 7-: 1 ' $1.75 (quar.) preferred 5'io- 7-; 1 30c (quar.) common Griesedieck Co., common 10- " Erie & Imperial Chemical preferred (quar.) Grumman 25c preferred (quar.) & Refining (stock (quar.) (quar.) Telephone Co. (quar.)___—_— Illinois Central RR. Co. (quar.)—___,—-—, Ideal 6-14 6-28 '■ £$1 Financial Mountain 6-14 25c — Oil 4.60% 5-21 ; (Winnipeg)— (quar.) ; Greening (B.l Wire Co., Ltd. (quar.) Greyhound Corp., common (quar.) 1 r. £40c ______ B Illinois Greenfield Tap & Die 7- Extra 6-15 — (quar.)—___ common prior preferred I (quar.)„__—/ Hydro-Electric Securities Corp., pfd. B (s-a) 6-17 6-29 25c 40c preferred 6-25 7- 7-15 (quar.) common B 4Vs»% 6-14 6-29 £31 Vic _L Western Green 6-11/ $1.50 6-15 tlOc (quar.)_ com. preferred (quar.) I $1.25 5% preferred (quar.) _—$1.25 5% preferred (quar.) —— #1.25 Huyck (F. C.) & Sons, common (quar.) 35c $2.75 class A preferred (quar.)—_____ 69c £$3 Gannett Co., Inc., class B conv. pfd. (quar.) Garfinckel (Julius) & Co., com. (quar.) 4Va% conv, preferred (quar.) 7-15 Corp., 5% 6-14 6-28 ■ 6-29 6-29 6-12 — Huttig Sash & Door," 6-17 6-28 7-15 7-15 7-15 Husky Oil Co., 6% 4 6- 6-29 7-15 " ' Lakes Towing Co Northern Railway Co. (quar.) 1 Southern Life Insurance (Houston)— 7c/o 1 6-14 6-12 Huron 6-14 1 — Hupp Corp., 5% 6- 1 7- £40c (quar.)__ prcf. B Quarterly 6-15 1 8- 6-14 - 6-29 8-24 7-1 35c Power Greeley Square Building 11- 2 6-29 6-10 ... 6-28 93 »i % — (quar.) Corp., Ltd.— preference (quar.) class Great 7- 7- 6-29 Humble 3 7- • 50c (quar.) (quar.) Great Western Sugar, 8-15 5-31 2 6-12 6.40% semi-annual 7-10 • 7-15 1 7- 2 6-12 Class 6-10 6-25 Rapids Varnish Great 7 55c 3% 6-28 6-29 8- 7- 3 6-29 Gas Natural Class $1.50 »; 6-10. 6-20 6-20 50c 50c Hoving Corp. (quar.) — 20c Hubbard Felt, Ltd., class A (s-a $75c Hubbell (Harvey) Inc. (quar.)__ 60c Hub slim an Factors, class A (quar.) — 12V.sc Class B (quar.) $0.006'A Hudson Bay Mining & Smelting, Ltd. (quar.) £$1.25 Hughes-Owens Co. Ltd., class A (qu.ar.)_—£20c 4 (quar.) (quar.)__ preferred Class A 4 6-18 (quar.)_ A 56'Ac ____ 6-18 Co., Ltd., class A (quar.) 56V4c (quar.)—.— Co. F.) 7-30 7-29 6-28 6-20 5% 12 Vic _______ (guar.) 12 Vic (quar.) 4% % (quar.) 7-19 6-30 6-20 7-15 Houston £lc dividend-. Grinnell 4'%% preferred Inc. 6-20 Co.— preferred Bros., Corp., common (quar.) preferred preferred (quar.) 4.40% preferred (quar.) £10c Products Corp., class A____ (quar.)___ —_—_— Stock Telegraph (quar.)_____—— B Great West Life Assurance Co. $1.50 (s-a) (quar.) Household Finance . Inc.— Quarterly from net investment income E.) •6-14 6- 6-28 Houston Terminal Warehouse <Ss Cold Storage Quarterly 5-31 1 6-20 6-28 $1.31 V* (quar.) 7- Great • 30c preferred Co, Investors, (R. 7 6-28 1 preferred 7- 5% 7 7-12 / 6- 7- 6-13 Brewing Co.— Great * Funsten 6- 3 Inc.— non-cumulative Fuller 1 1 2.25% 15c 20c (quar.)__— Transit Co., & convertible $1.20 10c r 6-17 ($25 pan H|uar.i„__ ___ 5% preferred ($50 par) (quar.)__ 5Vi% convertible preierred (.quar.i______ Great Lakes 75c _ 6-14 6-29 31%c 62'ac (quar.» preierred preferred (quar.i Horder's, Inc. (auar.) Htorner (Frank W.), Ltd., elkss A (quar.)— Houdaille Industries, com. (quar.) 6-15 Co. Drug Stores (quar.)__ Great Lakes Paper, Ltd., common 10c (quar.) Quarterly 7- 6- 4'1.'« uo., (quar.) 4Vz% 6-14 1 6-28 $4.25 pfd. 6-15 33/\c/e> 7- 7 Vic £30c (quar.) 1 7- $1.50 (quar. 7- $1.25 — Gray 8-26 5% Bros.. & Co., (s-a) Cos., Ltd. (quar.)___ Friedman ■' (quar.) 6-21 6-14 15c $1.12 Va $1.12V'a $1.12Va 25c £12V/2C 25c 56!.4C 30c 93%c $1 $1.10 37VaC (quar.)— Electrochemical, 1 v dividend) 1 1 £10c 5-31 50c 25c 50c £25c Ltd. (stock Y.) 77- ' Inc. Drugs, 1 Grant 6-20 (quar.)™ Co. 9-20 15c 30c Corp.— Hoover $1.25 12-20 25c Hooker 7- Grand 1 1-1-58 3% $1.05 Hook 6 7- Grand 6-14 ___—__ Foundation 6-20 7-' 1 (quar.) Foundation 1 $1.1834 — : Inc. 7- 6-24 Semi-annual 0 6- 50c Class 6-14 (quar.) common preferred (quar.) Machinery & Chemical 6-14 ' 5-31 dividend Stock 1 1 (s-a) $4.20 7- 7- ; 6- $1.15 (quar.) Elevator Grafton & 6 6-25 - 6-14 6-27 £50c Co. Increased 6- 10- 6-21 1 6-27 6-14 5-31 6-28 7- 25c 2% (quar.) 5-31 Stock 1 6-15 1 23c Title 4preference (quar.) — Government Employees Insurance (quar.)__ Government Employees Life Insurance— 7- 1 6-28 7- 8-15 Telephone Home 1 Common 6-15 7- 6-21 Home 7- 6-19 6-28 5-21 6-27 6-14 6-11 4% 6-28 6-15 1 5-31 17c 1 1 Rubber (quar.) Goodyciar Tire & Rubber Co. of Canada— 6-10 7- 6-10 & Telegraph (Va.) (s-a)— Guaranty Co. (Brooklyn, N. Y.)— 7- 6-14 Goodrich 5-31 5-21 6-14 7- 9-10 7- Goodyear Tire & 1 1 6-21 1 7-1 45c (Okla.) Insurance Co. 1 6-18 9 5-31 7- 7-10 (s-a) State Life 7- Goldblatt 5-24 6-28 50c 50c 12lie (quar.I 25c 6-13 1 Co., Ltd. H.) 3%% 1 7- (D. 17 Vic Cement 6-28 7- dividend 30c (quar.)__— 5-31 5% 6-14 1 (quar.)____—— 5 s 10c — 6-23 6-28 ' 5 12- Ltd.— Mines, Holly Stores, Inc 8- $1.25 9- 12-16 6-25 6-14 $1.12Vi Gold Quarterly 6-18 6-28 (quar.i Consolidated 6-20 Gold 32c 16 Vic ______— Hollinger Gdld Seal Dairy 6-10 (quar.) 3 6-18 $4.50 6-20 common common 3 6- 6-28 (quar.) 9-15 £45c 50c 25c 15c _____— 1 60c 45c (quar.) Corp., common Florida $1.25 $1.25 $1.25 6- 1 45c 6-18 6-20 1 £8 c Lumber Co. (quar.) (quar.) 1 Class 15c £30c 62%c Fittings, Ltd., class A '(s-a) _________ Flagg-Utica, 5% prior preferred (quar.) Fleming Co., 5% preferred (quar.)—___— 5% preferred (quar.) 5% preferred (quar.)— 1 7- ' Electronics Furnace 7- Goebel 1 6-30 (initial quar.)—, Hoffman 7-1 11-29 12 Vic Hines 3 25c •' 2 6-28 77- 6-28 3 6- 1 7- Goderich 7-15 B class (Edward) 6- 77- & Glidden 7- 1 6-30 6-28 7 1 7- 50C 6 8- >/' - (quar.) Paper (Canada) Ltd. Dauch 50c 6- 6-18 & $1.27,/2 preterred Portland 9- 7- Hinde £25c 6-17 6-27 75c 50c _____ pfd. (quar.) 5% Co., Governor (N. — Stores Porter dividend Stock Fisher Bank quar.) National Fischer & ____________ (Jersey City) National Bank (Increased (quar.) (quar.) 6-15 7-1 $1.25 dividend ^____ (quar.) 6-10 I $1.06 Vi (quar.) (quar.) $6 (quar.) — Spencer Bartlett & Co. Corp. Hightstown Rug Co., 5% prior pfd. (accum.) Hilo Electric Light Co., common Holland (quar.) Lewis Machine Tool 1quar.) Glens Falls Insurance Co. (N. Y.) (quar.)__ 12-20 7%c 50c 20c 50c ;—— —. Lines Fa. 6-17 Hertz 7-10 v 45c . Finance 7- 8- 6-15 7-1 Giddings 9-20 preferred (quar.)—________—$1 Fidelity Fund, Inc. (quar.i__ —11c Fiduciary Trust Co. (N. Y.) (quar;) 30c Field (Marshall) & Co. See Marshall Field 6 Co. .'IV.'.v!; •////' '.'%■•. %'//"/ Fifteen 7-25 Gibson Art Co. 6-28 4% Fifth Avenue Coach 8-15 7 Vic Co. Inc. Corn., Giant 6-29 6-20 53V«c 25c faOc 62Vic 45c 6-15 Common preferred iquar.) Gera 8-30 5-31 6-29 — preferred (quar.) $5 9-10 ^$1 . dividend Stock 6- 6-29 6-11 6-24 27 Vic Georgia Power Co., $4.60 pfd. (quar.) $4.92 preferred (quar.) _____ 5-24 8 6- 5Vo 6-15 6-25 10c 50c Fund Creamery (quar.i Hershey Chocolate Corp.— 414% preferred series A (quar.)_ 53Vhc Georgia-Pacific Corp., common 3 6-25 17c (quar.)_________— Corp. Genung's 6- Stock . _ Federated Genuine 6-15 Mortgage Association^— National Jederal 6-11 20c Hersey $1.37 Vi A '7-15 Hercules Powder Co. (quar.) Parts 1 6-21 35c 5oc 10c —20c (quar.) Shops Class B 6-29 1 class Brewery, Genesee 6-11 5614c 37 Vic 1 6-15 Hibbara (quar.) '/o, preferred 8- 6-15 59 %c preferred 6-19 35c (quar.) 1 50c (quar.)_ 5.10 7-19 1 8- $1.50 __ Family Finance, common < quar.)— 4% % preference A (quar.) (Syracuse, preferred 6-19 1 35c —____—__ $5 preferred (quar.) Waterworks, 5{/c 6-14 7r 2 V2 % Products Galion 55c (quar.) General F3ir (The) see The Fair. Fairbanks preferred 5Vafa 7- 6-14 "7- 7- $1.12 Vi pfd. 6-12 7- (quar.)— common 6-12 7- 7- ■ Heritage (quar.) Corp., of Rec. 7- 60c —_______ preferred (quar.) preferred (quar.) preferred (quar.)_ Time Corp. (reduced) Tire & Rubber, 4!4(«> Hoiaerb 7- 31 Vic (cjuar.)____—.— Co. of Wisconsin— preferred (quar.) — preferred 7% 6-15 1 " General Telephone 6-25 (Toronto)— Insurance semi-annual $4.50 7- 33%c Corp. dividend Hercules Southwest—«; the preferred (quar.) Stock 6-15 1 7- 62 Vic 55c Telephone 4.40'/o 460c 220c (quar.) General 5 6- Pennsylvania— of Co. $2.20 preferred "5 Ms % preferred 1 12- 1 7- 6% Hercules Cement —-— Co. of (quar.) preferred $2.10 General Telephone preferred (quar.) __________________ Paper Products, Ltd,, common— Hendersnot 59%c When Payable 40c 43%c 110c £$1.50 12Vic (quar.)____ (George W. > Co., common 7% 7 6- 1 7- 25c pfd. (quar.) (quar.) General Telephone 7 1 0- preferred $1.40 6-14 6-30 37%c 10c .— 3 6- (quar.) Castings Steel General Telephone 6-14 Corp.— common Initial 6-20 3-15 226c 3oc 25c (quar.) Eversbarp, Inc., common 5% 1 Co., Ltd.—- (T. H.) preferred 4.16% $1.25 ——-—--- 6-17 Co. of Illinois—$2.37Va preferred (quar.) : General Telephone Co. of Indiana— $2.50 preferred (quar.)_. General Telephone Co. of Michigan— $1.35 preferred (quar. -$2.40 preferred (quar.) — General Telephone Co. of Ohio— $1.25 preferred (quar.) ——.———— 6-17 37 (2c |L25 6-17 7- 6c —— (quar.) common (quar.i (quar.i preferred $5 Estabrocks —_ — Co., preferred 5'i« 1 6-20 40c $3.50 General Telephone of Calif., 5% 7- 20c 7% preferred (Ml. 6-17 7-1 40c _______—_____________ Emporium Capwell Co., General 7- $1.65 — 6-14 6-28 6(2,?c Common Emery Air Freight 6-28' Per Helme 6-14 6-28 50c Share Name ol Company Payable Of Rec. ' Share '■/■/-■ Name of Company Payable oj Rec. 62'/ac Electric Mfg.— (increased quar.)—u_--——- Emerson Monday, June 17, 1957 . Hoiaert When Per Holdert When PC :, Name of Company Elliott . . ' (2310) 14 7- 1 6-14 43:?ic 7- I 6-17 > 89 '/8C 7- 1 6-15 Volume 185 Number 5647 . . The Commercial and . Financial Chronicle (2811) When Per Name of Company Share International Textbook (quar.)__ International 'Utilities (mock Quarterly (not payable ' from stk ciiv., only Interstate- Bakeries, $4.80 • preferred Interstate 5% tquar.) Co., preferred Interstate (quar;). preferred (quar.) ___! . Stores (quar.) (quar.) Co. of Investment Trust of from t75c ' preferred (quar.) Light, common preferred (quar.) preferred (quar.) (quar.) 6- (quar.) 7- 1 7-10 77- Jacobsen 7- 6-26 7- 1 $3 4.40% 6-14 7- 1 2 5-31 al%% 7- 1 1 Vi % 7- 1 preference D (quar.) 7- 1 (quar.) 7" 1 5-31 $1.25 (quai\>___ $1.25 preferred C (quar. )__ preferred D (quar. >_ Jamestown Telephone Corp. ?:5% 1st preferred (quar.) Glass Co., 7% Eleciric-;__.Lnt 6-28 6-28 6-14 61 Ins. __ Co. 1 1 6-14 15c ___ (y Ulu*. h Ll zoc (s -a) $2 50c 93 %c ; common 15c 6-28 6-13 2 7-29 b- (quar.) f ' 6- 8 6-20 6- 6 8- 7-18 h, 1 6-26 1 o- 1 6- 7 25c 6-28 6-23 6-14 95c . (quor.) preferred .(quar.) City Southern Ry. preferred (quar:) ._ Kansas 4.28 % 4.32% Katz & preferred Drug Co. (quar.) Co., $4.5u Kewanee Oil Co. (Walter.) B-15 8-15 Manufacturers 8-15 i- Maple $1.12 % 9- 1 8-15 pid. & Co. Koehring Co., "5% preferred B '■5% Koppers Co, 4% Kroger r 6% 7% Labatt Electric iijaar.)____4__ 6- 7 6-16 5-31 6-15 7- 6-14 1 6-20 6- 1 f20c Class B Marsh 4, ',.7- 1 1 6-20 7 6- 7- 6% 6-14 1 : 7-1 6-17 6- V 6' 7. 1 6-20 20c 6- 62 V2C 77- 4V2% 0-21 1 & Co. 5-31 3 • Ont. 6-17 Maytag 7-15 6> 1 6-14 7-10 6-27 10-10 9-27 1-10-58 12-27 J30c 27c _ RR. 7- 1 7- 6-14 6-14 7-15 7- 7- 1 6-22 6-10 1 Co. Tire 9-30 9-16 9-30 9-16 12-31 12-16 12-31 12-16 Company's series McLean 6-15 25c 6-28 6-21. 6-28 6-21 593/aC 7-15 7- 81.25 9-12 8-31 12-12 11-30 12V2C (quar.) 6-20 stock series class A dividend 5% Machine class A & quar.)_! (quar.)__ preferred (quar.) ' Telephone. Medusa Portland Liggett & Myers Tobacco, 7% and (quar.) 7 7-20 6-21 25c 7- 1 6-14 7- 1 6-14 7- 1 6-10 5% 7- 1 6-10 $1.12 Va 7- 1 6-10 6-29 6- 6-25 5-31 8- 3 7- 1 1 6-14 6-20 10-31 20c 6L28 6- 25c 7- 6-17 10- 1 1 7 6-15 5-31 7- 6-14 Co. 6- 1 7-20 6-29 6-29 6-14 25c 7- 1 6-17 7- 1 6-17 6-28 25c 7- I- 6-14 1 6-17 6-20 5-31 + 50C 9- 3 8- 7- 1 6-20 7-19 7- 1 1 25% 7- 1 6-14 8- 1 7-19 7- 1 6-11 50c 7- 1 6-17 25c 7- 1 6-15 6-14 25C (quar.)__ 1 7- 1 6-14 1 6-14 40c 7- 1 6-14 6-29 5-31 25c —__— 7- 7- +30c Cement (s-a) 6 IMerck & Company, common preferred (quar.)_ $3.50 6-24 0- 3 convertible second 25c — 7- 1 6-10 87 Vac 7- 1 6-10 $1 (quar.) preferred 7- 7-15 6-25 6- 5 6-12 4% 5 6-10 6-27 7-15 €-14 6-28 6-14 Merritt-Chapman 7-31 (quar.) Mergenthaler Linotype Co. (quar.) 1 50c 30c $4 6-10 6-25 6- 6-25 6-14 6-17 5-15 7- 6-15 Stock & Scott— dividend on common- $2 1 30c Mersey Paper 5»/2% 7- 1 6-22 Mesta 7- 1 6-15 Metal 4c && $1.75 6- 7- 6-12 1 7 7% (quar.) Corp,-7% common Metropolitan Corp. pfd. (quar.) 9-13 90c Inc. (quar.)_ 6-17 5-31 6-17 5-31 75c 7- 1 6-14 75c 10- 1 9-13 87 %c 6-28 6-28 5-31' $$3 7- $$i 6-28 6-18' 62V2C 7- 1 6-14 25c 7- 1 6-10' 2 $1.12% 7- 6-25 7- 1 $1.17Va 50c 6-10 1 6-10 7-15 1 6-6 Ltd $25c 7- 2 6-10 7-0 6-7 (quar.) t45c 7- 2 5-31 $45c 10- 1 t$1.75 7- 2 5-31 $$1.75 10- 1 8-30 7- 2 5-31 10-1 8-30 15c common +$1.75 +$1.75 (quar.)__ common 8-30 20c 7- 1 6-14 56%C 7- 1 6-14 62V2c 7- 1 21c ! : 7- 2 I \ (quar.) Inc. (quar.) $1.65 (quar.) of America 5-31 (6c from from „ gains) income and Decatur RR. 3 5-24 7-15 6-20 6-14 6-21 6- 7 6-29 6- 7 6-20-•. 6- 7 7-15 , _ 6-29 V 12c (quar.) 6c 37VaC Gtd. (s-a) Co, Inc. 7-15 6-29, 60c 6-28 6-14 93%c (quar.) 20c Securities . 6- Gc __z——— System, lac, common 6% preferred (quar.) Myers (F. E.) & Bro. (quar.) Nation-Wide 50c 20c — Mutual Nashville & 5-31 * of America— investment net capital 6-10 6-28 50c ^ (quar.) Muskegon Piston Ring (quar.) Mutual Investment Co. ' 6-17 , " — Brass Murray Corp. 6 6- 7- 7-1 7- 1 7- . 1 6-20 f 6-14 (Md.)— ■ Quarterly from net investment income National Aviation Corp. (35c from ordinary income and $1.50 from capital gains) National Biscuit Oo," common (qua».) National Cash Register (quar.) National Company Inc., com. (stock dlvid.) $3.60 preferred (quar.) National Fire Insurance (Hartford) (quar.)_ National Gas & OH Corp. (Increased) National Grocers, Ltd, common (quar.) $1.50 pref. (quar.) National Gypsum Co. (quar.) National Hosiery Mills, Ltd.— 16c A A (quar.) A 6% 6-24 6-10 6-28 G-14 90c 7- 1 6-20 40c 7- 1 6-17 30c 6-20 5-31 +15c 7- 1 +37V2c 7- 1 6-14 50c 7- 1 6-10 t5c +5c —- 7-2 10- 1 6-14 6-7 9- ft $5c Lead Co, Steel & 6-26 6-10 8- 7-8 1 12- ft. 20c 7- 3 6-19 '$1.12% Castings 7- 3 7- 3 6-10 6-19 7- 2 6-15- $1.25 50c (quar.) Mortgage & Investment, com. Industries 6-7 $1.50 (quar.)___ 4Va% preferred (quar.)_____ 5% preferred (quar.). Malleable 7-2 75c common 1-2-58 +8c preferred B (quar.) Linen Service, common National 6-18 7-15 2% (quar.) National National 7-15 30c Class B National 6-21 50c (quar). Class Class 6-10 $1.85 (s-a) 50c 6-19 5-15 (quar.) 15c 7- 1 6-15 Mfg. Co. (quar.) National Standard Co. (quar.) 62%c 7- 1 6-18 40c 7- 1 6-14 Presto Screw National & Steel Car, Ltd. +37V2c (quar.) National Sugar Refining Co. (quar.) Union Fire U. -S. Radiator National Stock Products Neon Insurance 6-14 7-1 6-19 6-24 6-12 50c (Pittsburgh) 1 20c Ltd (Canada) 6- 3 6- 3 7-19 7- 5 7- 1 6-14 0-216-25 (quar.) New Britain Machine (quar.) New Brunswick Telephone (quar.) 50c 60c 6-29 15c 7-15 New 25c 7- (J. J.) England Co. 6- 6-28 6-28 f 15c > 6-26 10c 3% (quar.) dividend—J— Newberry Electric-System (quar.) England Telephone & Telegraph (quar.) Hampshire Fire Insurance (quar.) New Haven Gas (quar.) New Haven Water (quarj New $2 New 50c 40c New Jersey Power & Light, 4.05% preferred (quar.) New Orleans Public Service, 4.34% 4.36% preferred preferred Auction, Dock, & pfd. (quar.) 75c $1 $1.01% common (quar.) 56V4C 4% $1.18% $1.09 20c (quar.) (quar.) Inc. (s-a) New York, St. Louis & Chicago RR. New York Shipbuilding New York State Electric 6-18 6-28 6-13 4%% preferred (quar.) preferred (quar. 25c 6-28 6-11 $4.50 preferred 3%% (quar.) 6-10 6-28 7- 1 6-28 7- 1 6-10 6- 7 6-14 6-14 7-1 7- 1 1 6-7 6- 7 6-10 7- 1 7- 1 6-18 6- 3 7- 6-10 6-10 9- 3 8-i» 7- 1 7- 1 6-14 '& 6-14 50c 7- 1 5-„<l 35c (quar.) Corp 6-28 1 32 common preferred (s-a) 15c 6 $2.50 $2.50 common Harlem RR, 6-14 10% 6-15 7- 60c National Supply Co. (quar.) National Tile & Mfg. CoC. National 7-15 50c 6-18 20c 5-25 1 5-31 6-21 $1.75 Quarterly Mueller York 6-14 6-28 6-21 6-17 New York 6- 1 6-20 $35c 30c 7 1 6-1- 2 Mountain Fuel Supply (quar.) Mountain States Telephone & Telegraph Co. York 7- y7- 6-20 New 7- 6-14 7-1 $25c (quar.) (quar.) A 6-14^, 1 7-2 6 +68%c 6-15 7- common (quar.) 17 Vac (quar.) (quar.) Brick, (quar.) 1 6-28 28c 6-29 New — 7- 40c $15c 12- 62 Vac (quar.) Controls preferred 12-20 Ltd. Co. Thermit Metro, Inc., 6-20 Co, preference Machine 9-30 30c Quarterly 6-15 $3.50 National 2c preferred 6-10 10c pfd. 6- t 1 $1.25 6-15 6-20 1 62 Vac (quar.) common 5% (quar.) Melchers Distilleries, Ltd.— 6% partic. preferred (s-a) Metals gains 6-30 7- 6-26 35c convertible preferred Mead, Johnson & Co, 4% preferred (s-a) 25c from long-term capital :from regular income > 6-14 $1.50 7- Corp, $5 pfd. (quar.) Royal Dairies Ltd. (quar.)____ Vernon Mills, 7% preferred (s-a)— 6-14 Engineering— 1 Fund— (6c 77- 15c —_—__— McQuay, Inc., 5% 3 7 Vac (quar.) Stock 30c $1.06 Va 6-15 8-30 $1.15 Finance Mount National 1 40c Quarterly 6-20 into (quar.) 7- 20c Lexington Union Station Co, 4% pfd. (s-a> Liberty Life Insurance Co. (Greenville, S. C.) 6-17 10c (initial) A reclassified 30c (quar.) 6-20 7- stock. B 7- 60c Corp. and 30c Extra 77- 50c 35c (increased quar.) 6-14 6-20 25C 12 VaC 62 J/2 c (quar.) 2 2 $1.25 (quar.) (quar.) Leonard Refineries, Inc. Leslie Salt Co. (quar.) Insurance (quar.) class Inc., common A Trucking, Meadville $1.50 (quar.) Lehn & Fink Products Liberty Loan McLean Industries Mengel (quar.) 7- 15c —.— — McNeil 2 7* 6-17 2 & Morning Star Nicol, Motor 7- 9-13 Assurance Class H.) & Co. (increased quar.) Porcupine Mines Ltd. (quar.)_— McLellan Stores (reduced 7- $$1.25 88c (quar.) Co. 6-14 $2 class Mount U1 Co. common & & 6-14 (Sarina), • 6-20 62 %C (quar.) 6-29 115c Lawyers Title Insurance (Va.) Rubber Ray) 6-29 tl5c (quar) preferred (J. Aircraft *15c 115c Investment 6-20 7-15 +50c McKay Machine Co. (quar.) 6-20 115c (quar.) 7-15 1 $1.10 $2.50 prior preferred 6-14 5-31 7- % Drop Forging Co, 4%% preferred (quar.) 6-14 6-27 50c __— Ltd, Co, tl5c (quar.) — (F. Stock preferred Leath & Co, McDermott Mclntyre 7 10c . 1 7-15 50c McCrory Stores, common 3V2% preferred (quar.) 6- 6-30 7- 22 VaC. 6-19 5-31 / 6- 7 $31ViC Morgan Engineering Co. 4% — 6-28 20c i preferred , McDonnell 35c (quar.) (quar.) 6-14 $3 pfd. (s-a)_ McColl-Frontenac Oil Co, Ltd.— 4% preferred (quar.) McCord Corp, $2.50 preferred (quar.) 6-14 1 1 10c (quar.) (L.) McGraw 20c (quar.) Lawrence Investing Co, $5 preferred $2.50 6-20 1 Co. 7- 30c (initial quar.)— com. Line, Moore 2 Fund (quar.) Inc. 7- 5c Stock Growth (quar.) ,7.% preferred B (quar.) '7% Class B (quar.) 7 6-17 6-29 6-21 25c Corp, Ltd, Quarterly 7% preferred A 7% 6-19 $35c Moore J 6-19 20c (quar.) Natco Corp. net' income new 6- 1 7-15 7-15 B 5 7- " 6-29 : $2 Life " 6-12 31 VaC, — 1 f Railroad Mortgage 6-18 7- 1S1.25 1 6-26 37 VaC —_______— 1 7- 15c — 15c quar.j__ <quar.)_ Corp. (Del.), common preferred (quar.) 4.75% Investors W.), McBrlne (quar.) Sessions (quar.)" from 7- $1 40c — 7- 6-14 7-15 $1.25 Montreal Locomotive Works, Montrose Chemical (quar.) 6-14 6-18 17 VaC 1 (quar.)—_2_. Industries, 1 1 1 30c — Maule 7- 53 VbC 100% : 6-10 1 7- 7- v Dock— Dry 1_ 6-10 15c Lamson & & 7- 8- 6-14 17 Vac Massawlppi Valley Ry.* (s-a)__— Mastic Asphalt Corp^——.— 7- 6-14 1 $1.50 7- 50c (s-a) Lamson Corp. (J. 6-30 7- 27c 20C (quar.) 6-18 (s-a) $7 class A Ltd.— Matthiessen & Hegler Zinc Co.— Stock dividend —2 5% 5 50c — (quar.) ; Quarterly . $1.50 . +25C > (qt.ar.) preferred \$1.75 ; 6- 50c dividend Masonite Mays (s-a) 1 $30c pfd. (quar.) preierred Mquar.)_ 6% 6-15- 6-28 25c (Winnipeg) (s-a)__ Investments, Ltd Monroe Auto Equipment Co, 5% pfd. (quar.)Montana-Dakota Utilities, common (quar.) 4.50% preferred (quar.)4.70% preferred (quar.) Montgomery Ward & Co, common (quar.)__ 7-17 — $1 dividend) 7-31 — 62 Vic (quar.)__ University (inc. & Co, Shipbuilding Massachusetts 6-21: 62 Vic (quar.) 77- +$1.25 30c Pipe Monarch 6-14 (quar.) 6-29 7Vac : & Co. Ltd. Monarch 7 6-28 ,— 6-15 37V2C Mohawk Rubber Co 5-21 (quar.) (slock dividend) co. 6-29 Molson's Brewery, Ltd. class A (quar.) G-28 (quar.)' 50c $50c 5-31 7- $$1.25 pfd. 6-5 Modern Containers, Ltd, Class A (quar.)____ r 5% 7-1 ! 5-31 7-15 (quar.) 6-5 56V4C 4Vac Preferred Class 6-7- 15c 6-28 < 7-1 10c 6-28 _ 6-21 (quar.) preferred Stock 7- 25c ______ Wells Common 6 25c 5c 1 6-7 56V4C 6-20 17 Vac Corp. & Sons Co. Maryland 6-11 6- 10- +5C -— Corp. (quar.) Marshall Field & Co, 4V4% 7 45c ____ pfd. - 6-7 7-1 (quar.)__ 2 15c (quar.) common Maryland Casualty Co. (quar.) Maryland Credit Finance, common 5-31; 0- 1 6-20 7- 50c ; Steel Marshall 1 6-28 10-15 S.) ' 1 7-1 ■- 7-11 (Irreg.) (irreg.) Birmingham R. R. Co.— Mobile & 6-10 .2 (quar.) Martin 7- 30c > : ___ (quar.) Loan 6-14 1 50c 5-31' 7- 40c (quar.) B 1 (s-a)___ Y.) (quar.), Ltd.. (quar.) Electric Co, Ltd, (M.) .Marsh 6-14 7- 6-24 6-27 25c v.. :___ Corp. Partic. class A Class Lambton 7- 6-28 Co. Missouri Pacific 6-10; (quar.) Marquardt Aircraft 20c f25c A 53Vsc 5&3'bC (quar.) rMarlin-Rockwell 28 %r (quar.) class Class A 6- —_—_— /Market Basket, common V. $1 preferred (quar.) 6-14* 7- 6-29 (Alfred), Inc.— Partic. Class A 6-14 6-10 iN. Corp, preferred Maritime 6-28 45c (quar.) and Exploration Co, Ltd.— Partic. class A 6-14 6-28 (quar.) Trust Midland Common 7% 7-15, $1.50 j.— Foundry Class -B Life 1 $1.12,%., ______ (quar.)_ (stock Laboratories 6-14 1 6-27 shares (quar.) Co, common (quar.)__ Gardens, 7- 6-20 25c B 6-30 6-28 Co, : ' preferred (quar.) Superior & Ishpeming Lambert Lee 7- J15C (John), Ltd. Lakeside Class 7-15 f20c i pref. 6-11 10c (quar.)_i. (quar.)__ (quar.)^_^ Missouri-Kansas 7- +12 V2c convertible preferred (quar.) Marine Telegraph & Telephone 7 60c . (quar.) common 6-17 (quar.)__ 4% 7 6- Leaf Marine 7 6- 1 2UC 4.32% v 6- 1 15c Laclede Gas, $5 1 77- 30c . common Salle Extension 6% 7- _ Labrador Mining Interim , 7 ; 20o. (quar.) Quarterly Quarterly Lakey 6- $1.08 4 Kuppenheimer (B.) Lake 6-29 $1.07 Company, 1st preferred (quar.) 2nd preferred,(quar.) Kuhhnan La 6-28' $1.15 (quar.) conv. Inc., preferred 7-15 $1.12% tquar. • 6-28 :— ; Maple Leaf Milling Co, Ltd.— 5% preference (quaiv)__. 33c (auar.)____ Company 3 3 6-28 7-15 + 50c ; preferred 1 Kingsport Press ..(quar.) Kirsch 66- 6-27 15c — Manishewitz 1 (quar.) preieired Kimberly-Clark Corp. Klngsburg Cotton Oil 1 7-. 1 (J. 30c ;— 1 (quar.) preferred (quar.) 20c (quar.) (B.) Co.___u.__-———. Manufacturers Life Insurance (Toronto) (s-a) 8-15 1 (quar.) Kej'es Fibre Co, 4.80% pfd. (quar.) Keystone Portland Cement (quar.)__ Kidde 1 40c (quar.)! prior conv. 9- 9- Kennecott Copper Corp. (quar.) Kerr-Addison Gold Mines, Ltd. (quar.) Kerr-McGee Oil Industries, com. (quar,) 4Vst % 7- T-15 40c Ltd 6-14 7- 75o Mississippi Glass Co. (quar.)__ Mississippi Power Co, 4.40% pfd. (quar.) 4.60% preferred (quar.) Mississippi River Fuel Corp. (quar.) Mississippi Vrllc-y Gas (quar.) Chemical Works— 9- . Kel.sey-Hayes Co. (quar.) Kelvinator of Canada, Ltd. Refining 7-23 ■ +25c . (interim.)_____ 9- Kawneer Co. (quar.) ,__i Kearney (James ti.) corp. Kelling Nut Co., b% p.d. (quar.) Kendall 5% , 10-23 45c preferred Class A $1 (quar.) Kendall 6- 7 ; Service Mollinckrodt 50c Electric, com. preferred (quar.)_ preferred (quar.) preferred (quar.) 4.50% -/ 31%c (quar.) 1 (quar.) preferred conv. Minnesota Fund, Inc. Minnesota Power & Light, 6-14 37 Vac priority Public $1.05 .___* (quar.)_ preferred 4.60%, •« * Inc.__ $1.08% preferred ■>} 4.50% , 6-14 . 1 8- 30c (quar.) Convertible Maine 4V4% preferred (quar.)_ preferred (quar. 1 4.35% • 4Va% ' 6-18 36 Vac (quar.) 3.80 % ;4.20% • 1 1 11-1 27 %C (quar.)_ (quar.) 1. 7- Mining Corp.1 of Canada Ltd. Minneapolis Brewing Co. 7- 5c Magor Car Corp. (quar.) Mailman Corp, Ltd, 5% night— Gas Millers Falls 7- $1.75 Mading Drug Sto'.es (quar.) Madseu Red Lake Gold Mines, 7 7- B 4.75% (quar.) Kaiser Steel Corp.* $1.46 pfd. Kansas City Power b: Kansas (interim) Ltd, class A 7- 40c common 6-10 7 Mitchell Paper Macy (R. H.) & Co. 1. 6-12 7- Class Mack Truck, 6-22 62 (2 C (quar.»_ & Bloedel Co, 6- .7-1 +25c & 11-15 ' 7VaC$3.50 * 50c 6-14 $1.75 Power 11-30 $1.12Va (quar.) '6-28 • $1.75 M'acMillan 8-1(1 $2 2 $1.10 6-14 ! 7- 11-15 8-31 < 8-14 11-30 i 6-29 $1.25 (quar.) 8-31 56VtC (quar.)— 7- $1.08% (quar.) Publications 56ViO $1.12Va '' conv. pfd. (accum.)_ 7%- preferred (s-a)__ preferred (quar.) dlv. shares Miller Manufacturing Class A (quar.) > 6-14 (quar.) common 5 preferred (quar.) : Midwest Securities, Inc., common (quar.)__ 6% non-cumulative preferred (quar.) 6-14 (quar.) MacLaren 7- $1.75 $1.25 Laughlin Steel, Printing 6-14 1 preferred Electric, 5 6- - 6-4 6- 6-26 4V2% 6-30 1 preferred & Go, Abrasive (quar.) Mklwest Rubber Reclaiming, common 6-14 ' 7- non-cum. Gas 7-1 6-26 Mid-West . 6-20 7- non-cum. Macfadclen $1.25 iaccum.)_, Ftuiu, Inc. (quarterly frt income; .i._____ preierred 1 $1.25 - — preferred 7-15 $1.06'A (quar.) (quar.), Telephone, 5% 8% $2 6-28 27 Vac Lyons-Magnus, class B . > pfd. Mutual Investment : G 7- ; 6-14 $1.20 -_. ;*4% (quar.)__. preferred (quar.). Lynn Gas & Electric (quar.) 6-14 $1.37'/a _ Jersey Mortgage Co., $4 non-cum. pfd. Jewel Tea, common (quar.) 3% % preferred (quar.)_ __ Johnston 7-15 6-18 ■ 6-4' Miller-Wohl Co, common Lowney (Walter M.) 6-14 __ _____ Jefferson Standaru 6-28 6-28 _ $4.80 Jefferson 1 $$1 4 Va % $5.50 Jeannette 1 2 " (quar.) $5 preferred B 88- 6-29 $1 7-1 6-4 50o Midland Steel Products, common 7-15 +75c Lowenstein Supply $5 preferred A 8- 1 Water Middle South Utilities Ltd.— Corp, preferred (quar.) (M.) & Sons (quar.)__. Co, Ltd. (quar.) Lucky Lager Brewing (quar.) Lynchburg Foundry Co, con:mon__ 5-31 preference E 4% Ltd;___ 5% 5-31 ' 1 8- 25c ; Investment preferred 9- $i (quar.) Cement Louisville •: 5-31 a al%% 2-17 30c (P.) Co., common preferred (quar.) 5-31 2 (quar.) al%% 11-18 7% 6-14 7- (quar.) _____ 12-10 3-10-58 ■7% 3 B Water Middlesex 11-18 . ' 1 7- • Michigan Abrasive, 6% Lord Baltimore Hotel— C • Canadian Star . 8-10 10c 6-4 $1.11 V4 Michaels, Stern & Co.— 4VSi% preferred "$50 par" (quar.) 4M» % preferred "$50 par" (quar.) 4V»% preferred "$100 par" (quar.) 4M»% preferred "$100 par" (quar.) 2-17 . 7-1 (quar.) 9-10 50c i, (quar. t (Marcus) Theatres, preferred Co. 12-10 25c (monthly) Inc. London preferred'(quar.)_^ Copper 3-10-58 :___ (quar.) 6-14 ( 6- 15c 8-16 common (quar.) Chain Lorain 6-20 a$1.7d 8-15 9-10 U %c common 6-14 preference Kable Steel Loew's, 6-14 4. 7- X 37 Vac 1 , Pipe, preferred Locw's : o-24 1 preference 5% I.), Long Island Lighting Co, 5% pfd. B 4V4% preferred D (quar.) "V4.35%' preferred E (quar.) 7% Jones (R. 6-15 " .5%. 5% 6% Jamaica Corp. 6-15 1 1 ___ 0- 50c 7-1 7- ;_ 8-15 50c. 7- 7- ' (quar.)_. 1 (quar.) 6-4 96V»o Extra 50c Lone 40c Manufacturing Co., (quar.)_ Service, Ltd., common 9- (quar.) 6-15 1 $1.08% Public preferred -50C t. 7-1 50c Miami . (quar.) Joint 8% l $1.10 (quar.) ; , Class A Preferred 1 7-10 82 Vac _ 7 capitalguaranteed Finance Lock 5-31 > 10c Y.) V -is 3 6-16 7-10 40c . _ ; . (quar.) Inc. ^increased) Loblaw, 6-15 6-28 53 %c __ . Lorillard Jamaica 7% (N. 1 7-15 7-15 lc (quar.) Co. 7- 60c preferred -(quar.)_ Ironrlte, Inc. Irving Trust ) 1 37 Vac 7 4 guaranteed lc preferred 3.30% Special 37c A ; Power, com. (quar.)__ Power & 4.35% 6-10 7 VaC Class B 4.40% guaranteed 1 Locke .6%. preferred (quar. 4.80% Special 7- ' inc.) i cj. 6- 6- of Hec. 7-1 97 V2C (quar.) $1 Original Special 6- preferred $1.10 6-17 5-21 6-17 4.35% 4.45% .. Holder• 95c preferred'(quar.)'— 6-19 . $U0 6-14 securities xork, . 1 . 3.85% 6-28 87 /uO Original capital ctfs. net investment RR.— 10-10 6- . Original capital- 6-20 6c Boston-Beneficial 24c Miami 1 5 6-28 20c When Payable 15. $1.08% 7-10 7- 12 %C preierred (quar.) Metropolitan Edison Co, 3.80% pfd. (quar.) 3.90% preferred' (quar.)__— 1 6-28 (quar.)___ 7- +60c i Iowa Electric Light & Iowa 1 Little ' Local Funding Corp. of New 4.30'/fc. 6-17 6-17 7- Corp. 3 y2% 6-17 1 25C (quar.) ... Investors 1 1 23c ___ . 6-26 7- 20c __ Special year-enc; of gains and 13c from sk . 6-14 7- Per Share Name of Company 11- 3 Vac Lionel Lipe-Rollway Corp, class A (quar.) Liquid Carbonic Corp,;;common (quar.) America— preference $6 Building (s-a) Lindsay Chemical, 7% pfa. (quar.) 8- 35c Lincoln Square 6-14 7- 54% C'" _ (quar.) conv. of Rec. 35c 6-14 ■" 7-15 15c (quar.)' (Quar. from net investment income) Investment Foundation Ltd., com. 6% 9 25c __ Investment 6-14 1 6-28, 20c , Intc-rtvpe Corp. .(quar.) 8- 20c i (quar.)___ Holdert Payable Quarterly 7- 1 62 %c . When Snare Company Lincoln National Life Insurance (Fort Wayne) 6-28 ; 25c $1.25 __ 4 Co. 9 7- $1.20 _ 1 *6% preferred tquar.) Interstate Power. Co. (Del.), common -4.36% preferred ; (qoar.)___. Interstate Securities 8- Name of 7 8-31 30c (quar.)__ Interstate Financial, common Class B (quar.)4 $1 6- Quarterly 50c shares). common Department 1 8-31 100'% present common (The) prior 7- shares resulting on on Per Payable of Rec. 50c cliv.). Holaen 6-28 6-14 J" J 5" Z n" « Gas— . Vi'Wu $1.12/a i r 7 Financial Chronicle The Commercial and New New (quar.^——-^;—y 81-Vic York Water Service Corp..—' 35c York Trust Co. Telephone Newark 7-1 7-1 6-30 iv 6-30 6-30 hi . • , Pile———30c Michigan Avenue North (Chicago) (s-a) 50c 6-30 6-30 6-30 7- 2 Nopco Chemical (quar.) Norfolk & Southern Ry B Class ——— : (quar.) -a ———-— —. preferred fquar.)——— preferred iquar.)— Oil Star (quar.) pfd. $2.50 Ltd.. (quar.) istock dividend/ Northern Central Ry. (s-a) i Northern Indiana Public Service— Capital Northeast 6-20 (quar.) preferred 4.22# 4#% 4## Pacific ; Lieht Scotia class Chemical, Noxzema Common (quar.) Polaroid preferred prefeired 4.40# 4.44% Tile Mfg.— Pomona Service Ohio Water 6-13 6-13 7-25 4.25# (Mllw.) ; 5# *v 6- 7 preferred (quar.) (quar.)__ preferred Paper Co. Cement Pacific • Pacific Coast One-fifth & Co. share new of 2nd common preferred (quar.) Indemnity (quar.) Interinountain Pacific 7-1 6-26 6-27 6-20 V 6-25 7-25 '•■ ; 6-28 7-15 $90c G# 7-1 37 Vic (quar.) 7- conv. 5# cone, 5# conv Parker preferred (quar.) preferred 2 Vic 6-15 iJ Appliance (quar.) Transportation (quar;— & Steel (quar.) ; Parmalee Peden Peninsular Metal Products preferred $1.32 Penman's 6# Ltd., $1.60 (quar.) preferred Traffic Co. Penn Penney preferred 7- 1 Reading Gas 7-25 8-15 7-25 8-15 7-25 8-15 7-15 8- 1 7-2 3V2# .Class A Class 7 6-30 6- 7 20c 7-25 7-10 Rcvlon, 7-1 6-7 Reynolds Metals, 7-1 6-7 1 6-10 1 6-10 4.50# preferred preferred (qtiar.t $1.15 7. 1 g.jo 30c 7- 1 6-14' and 50c fi-28 6- vailing rate of exchange. 12'/2c 7- 1 6-24 Co. preferred (quar.) Inc. Pfizer (Charles) 3(2# 4# (quar.) $1 pref. preferred common Seaboard 6-18 6-28 6-14 $2 approximately Oil Ranch Richardson Co. 5c 5-31 Sealed Power 6-14 6-14 Securities 7- 1 7- 8 Common obligation 7- 1 7- I 6-11 6-25 6-10 6-11 6-25 6-10 Rich's, Inc., common 334 # 2 6-14 6-28 6-28 Metal Products 6- 7- 1 7- 2 Riley Stoker Corp Inc. 2 7- 1 River Raisin Paper 6-14 30c 6-20 6-10 6-28 6- 7 $1 6-28 6- 7 50c 6-30 6- 4 25c 6-30 6- 4 Riverside Cement 6-30 7-11 7- 1 $1.25 partic., Roan (quar.) common (quar.) (quar.) 6 6-30 class A 6-29 16c per American 6-20 6-18 5-29 25c 6-21 6- ?5c 7- 2 7- 1 6-10 7- 1 6-10 7- 1 31 —: (Los Angeles) 7 — 6-14 6- 7-31 6-28 6-19 jj 6-20 6- 3 i 6-20 6- 3 I 75c 6-29 6-14 I 15c 6-20 5-31 Denn —— —,—■—J.—_ (quar.)- (quar.) Corp. Mining • 5 1 1 7- 1 10- 1 —i— (Canada!, Ltd. (quar.) 6-14 Class — Ltd., 1 12-13 50c 6-24 6-10 6-28 6-14 10- 614 Pattern 7- 1 6-20 Smith-Corona, 6-28 6-14 7- 2 6-11 12 Vic 7- Smith 8- 1 6-10 $2 7"1 Stock Sommers pre¬ 50c 1 6-12 7- 1 6-20 $1 7- 1 6-20 17 Vic 8- 1 7-19 8- 1 7-19 6-28 6-14 20c 6-28 6-21 6- Soss 1 5_3i: 6- 3 I 6-29 6-18 1 7- 1 6-14 7- 1 6-14 6-20 * 6-3 B- 7-11 1 6- 6-28 , 6-17 1 I 7-31 6-28 I $50c 7-31 6-28 40c 6-28 6-13 6-28 6-14 (quar.).- 1 7- common- 5% 4.50# South 7 7-13 Oil 7- 1 6-15 7- 1 6-15 7c 6-28 5-31 8-30 7c 9-30 38%C 6-28 31 Vic 6-28 5-31 31 *ic 9-30 8-30 5-31 Gas 3834C 9-30 8-30 10c & 6-19 6-5 Co.— 1 1 1 I 1 I 1 1 I 1 1 I 1 1 I 27 Vic Natural Gas, — (quar.) (quar.) (quar.)— — 1 6-12 I 7- 1 6-12 | 57V2C com. 7- 62 Vic (quar.) Jersey Gas South Penn 10c 12*2C (quar.) preferred South 6-15 — — preferred (quar.) preferred (quar.) Georgia 6-28 2 — (quar.) Electric preferred 460# 6-14 7-15 (quar.) (quar.) Carolina Common 6-28 7- 25c (quar.) I 1 1 I 1 1 $ 2oC pfd. (quar.) common I 6-17 ' 6-28 5# pfd. I !■ 7-15 (quar.)_ convertible Mlg. Bouth $6 8- 5-31 \ 10c — preferred (quar.) $1.25 convertible preferred A (quar.) $1.25 conv. preferred A (quar.) $1.55 conv. preferred (quar.) 6-18 1 2 2 8 70c ——— Stores, Drug conv. $1.55 6-14 7- 7- 7- • (quar.) Ltd., $2.80 Common 5-24 6-14 7- ;• • • 45c (quar.) Co. Sonotone Corp., 7-15 50c 6-26 $53c -i—. dividend Somerville, 6-24 $l5c 5-31 6-14 '7- $15c $25c — — French Laboratories Aircraft Solar 6-17 I 1 I I I 1 6-29 • 30c (quar.) Snyder Tool &, Engineering Co. 6-10 X, 7-19 5-31 7-26 ' 5c $1.25 (quar.) preferred Smith. KU"e ordinary Rhodesian 25c Corp. 6-14 6-28 $30c $20c $1.25 (Howard) Paper Mills, Ltd.— Common (quar.)— 7-11 1 O.) J 6-10 Smith 6-11 7- (A. 6-10 1 6-29 $30c — (quar.) Inc. 6-10 1 # (quar.) preferred $2.12 6-20 2 6-28 - • $1 A Corporation (quar.) Slater (N.) Ltd., common ' ; 7-10 7- 7- 30c preferred iquar.)— preferred iquar.) class 8-1 7- 20c :jl Rayon Corp. prior 9% 6-14 $1.21 —— Skll 3# 1 —— 1— ' 5# 7-23 — Superior Co., common Skenandoa 7 — common (quar.)shares)— Simplicity 9-13 1-1-58 B 1 35c (American Simca 7- 20c • 6-14 6-13 $$1.75 (quar.) Breweries, 6-28 $45c — (quar.) Voting trust certificates (quar.) Sicks Seattle Brewing & Malting Co. iquar.) Sigma Mines (Quebec) Ltd. (s-a) — Sllverwood Dairies, Ltd., class A (quar.) Sick's a 6- Trading Co., Ltd.— (quar.) Optical J 5-31 38c — —, • Sliuron 5-31 2 — preferred (quar.) Shulton, Inc., class A (quar.) B 2 6-28 503 Salesbook Class 77- 30c 7# 9-13 ' $503 —. preferred B (quar.) Co (quar.) ; $56 Vic prefeired A (quar.) Sherwin-Williams 6-21 7- 7- ] IOC 15c (quar.) common (quar.)—-—— Transport & (N. Y. shares) 7-12 $28c 1 10c Co. Shell 3 6-17 1 5-24 10c — I 6-15 Shell Oil Co. Mines share) 6-20 7-10 1 Shelby 6-14 03%C 6-20 7-10 25c • (accum.) 7-10 7- 4*/2# Co.— Copper 25c $1.25 , $1.25 6-20 (interim.) pence per ordinary share less Rhodesia and Nyasaland taxes of 37 *,(2#. The net dividend will amount to approximately Antelope 6-14 $1.18% . I 6-19 6-15 4% 6-17 20c 1 6-27 6- Shattuck 6-20 . 15c (quar.) 6-19 7- 1 Co., Sharon Steel Corp. 6-20 7V2C 45c ; 7-1 15c 62 *ic 10c 6-14 35c 1 8-14 6-20 Shaler 6-12 85c (quar.) 6-12 1 preferred A (quar,)————-—Seismograph Service Corp. (quar.)_„.— 6-12 7- 20c | 1 7- 6-11 $$1.50 — 7-17 $1.12 6-10 6-21 $25c —j '• Shawinigan Water & Power Co.— 12 V2C $1.12 Vz 8-1. . — 5# 1 87*/2C 9334c Corp 1 '7-19 (quar.) Rubber preferred 4Va# ti-13 6-20 American share) (quar.) (quar.)—— | •7-19 9- ———————— (quar.i (quar.) 6-18 5c preferred (quar.i Rieke Ritter, 6-25 preferred Seiberling 30c (quar.) Dividend 3 6-14 1 8-1 25c 6-14 7- (quar.) 6-15 5-31 $1 6-14 1 8- 7- Acceptance Corp., common Security Title Insurance Co. 5-31 6-26 6-28 15c ! 7- . 50c (quar.)__ common Sears, Roebuck & Co. 1 35c (quar.) 6- Co., 1 2c (quar.) Co. Finance 7- Richmond, Fredericksburg & Potomac RR. Co. Bros. • 91 ViS preferred (quar.)— $5 sinking fund preferred (quar.)—_— Seagrave Corp. (resumed)- The amount will per 15c ' 27*ic .$4.75 sinking fund 7- $25c Co.- 6-14 .. $1.12Vi (quar.) (quar.)—— A 6-20 1 25c 6-12 6-24 87*/2<r (quar.) Philadelphia Electric Co., * 6-11 6-28 75c on ———— — 6-22 preferred $4.50 Co. preferred 2nd be (quar.) 2uc (American 6-28" 7-1 f 6-28 85c — Seaboard Air Line R. R. ' subject to deduction of Nyasaland income tax. Based 6-29 20c ; Common (quar.).;—. 5-31 on shares 6-20 45c & 5-31 6-29 90c Ltd. pence 6-28 »' T 1- 6-38 Scruggs-Vandervoort-Barney, Inc.— 87 V2C Richman 40c income) 5-31 10c 6-20 Corp. of America (20c from real¬ ized capital gains and 25c from ordinary net 5-31 6-29 $1.50 6-12 20c (quar.) 5-31 6-29 50c 6-25 $1.12*/2 (quar.) 6-29 $30c 7-15 Petroleum Pettibone-Mulliken (8 ; 7-15 45c Corp., 5V2# preferred A (quar.) Scovill Mfg. Co., common (quar.)——— '$3.65 preferred (quar.)———— preferred 6-11 . ; 11- 11-15 7-15 . , Schwitzer 20c - Trust, (interim). 5c (quar.) (quar.)_. Petrolane Gas Service, Selection shares) 25c ; Co. 6-15 6-29 (quar.) $-1' - 8-15 v 7-15 s: 1 « 6-22 — - 7-15 i (quar.)_— 50c ; 7 -•«- $3.40 10c 15c S6 Pet Milk Co., common 4 */2 # common < preferred , iquar.) G-15 30c 50c Line Petrolane Gas Service , Rice (quar.) Pipe 7- (quar.) (quar.) 4.60# Basin 1 ; $4 • 6- 22c preferred (quaiv)— — 1——„ conv. Co.—• $1.07 Vz (quar.)—— 6-10 Pepsi-Cola 7- 6-15 Paper ' 7-10 25c iquar.)——i,——- preferred .4.44# 2 6-15 ( 22*ic , V Vz # preferred Sangamo Electric 593,ac preferred 6-10 Permian 1 $1.04*/2 - 1 Jack, 4 1 24C prefened (quar.) (quar.) 5# ( 6-20 1 7- (increased) (111.)— 3.60# 15c iquar.?— common 35c (quar.)_ 1 Moe # 3 40c 7- (initial) 7- 7- $1.10 Co., common- Efectric, Gas & - # .)' 5 7-17 ■> 12- - , ; 45c Inc. ,(quar.)_: common : _ . (quar.) •7- 30C 3 9-3 12-1 a 15c'' ; 3 6- 9-17 .= $1.25 ' 6-28 6- 6-.'7 $1.25 — . 17 6 $1.25 $1.02 43A# preferred A (quar.) Reynolds (R. J.) Tobacco. " 7- 3 6- $1 $1 convertible preferred (quar.) Republic Steel Corp. (quar.) Resistoflex Corp. (stock dividend) 6- 37 Vic — (quar.) S-28 7-25 — Regis Paper Co., Sandura Co., 60c preferred (quar.) Republic Pictures Corp.— 7- quar.) .,6-10 6-17 7-25 15c- -v - (quar.) com. j Marine & 6-14 $25c $$1.25 iquar.)— Insurance San Diego $1 7- (incr. 6-28 .4# $1.10 common 20C $1.25 $5c 833Ac Publishing (quar.) Peoples Drug Stores (quar.) Peoples Finance Corn. (Colo.) Peoples Gas, Light & Coke— 6-6 1 6-14 6-27 1 7- (increased quar.)___ Fire San Antonio Transit 6-14 7-1 $28c Republic Aviation Corp. (quar.) Republic Insurance Co. of Texas— , Ry., $4.40 1st preferred A $28c $1.12*2 Penton 6-28 25c 7- $i.i^ St. 5-29 (quar.) Rhodesian Francisco prefened (quar.) preferred (quar.) preferred iquar.) Scott cl. A $1.07V:i Paul 6-15 $27c oOc (quar.)„ b-.7 ' Power Louis Steel Castings St. 5 6-23 (quar.)— 6-30 . 7- ,.8-1 7-1 (quar.) A (-27 St. (s-a) (Canada), Ltd. (quar.)- Boys-Mannv, 6# preferred $5 $5o preferred Chains <quar.)_ Pep $5 Extra preferred preferred New $5 6-15 - (quar.) Engineering 3.35# 4.40# 6-18 6-23 14c Insulation & 1 preferred A Louis San St. j 6-20 Roller Bit (quar.) <fc 7- common (quar.) St. Lawrence Corp., Ltd., common 5# preferred A (quar.)— 7-15 ;—— Insurance Electric • (quar.)_——li-i— (quar.) —;— preferred 5# 7-1 (quar.) A 45c (quar.) ; 11-18 1 25c class Title Estate Renold 6-10 8-15 ' 12- 1 $1.16 V* 4# 2nd preferred (Pa.) (s-a)__ Co., 75c — Pennsylvania Power & Light— 4»2# convertible $1 $1 Inc., Joseph Light & c, 10c — ' ■ - 6-12 —_ / 6-10 - 5-27 7- (quar ) 6-24 5C - 6-14 ' 1 6-20 V — 6-29 • 7- 7-15 $1.06 (quar.) 40c (qv.ar.)_ (quar.) A 6-10 — — $4.30 preferred Bearings Canada, Ltd.— M 1 60c $75c $4 St. ,, 5# preferred (interim)— > 7- iquar.) Industries 50c Ltd. Mining. 4 6-17 6-20. 5 (quar.)— ; 7 1 6-25 6-20 (quar.) 6-14 7- 6-10 6- —— 6-10 1 6-28 6-29 35c 7- 7-25 7-15 . 32c , 6-10 5-25 5 ?; . 7-10 25c 6- — v 35C 6-29 $75c. | 6-14 - 6- , — Safeway Stores, v ■ ' /V;; 6-14 : i 3 7-10 $1.12 Vz- — 3 Inc.— Haynes, 5-24 12 Vic ■ 6-10 7- $20s 6-23 3 $ 4c com. & (quar.i (quar.) Safety $1.25 ■ 6-10 « 6-17 Sabine Royalty Corp. (s-a)—_— Saco-Lowell Shops (quar.) 75c v t-iid 25s' preferred 6-21: .w 6-24 I: 6-25 '■ 121ic (quar.)- 6-19 ' — Gas, &; Inc. 6-29 —„—-—— 2# (quar.)— Pennsylvania Glass Sand Common 6-11 6-14 +45c (s-a) (J. C.) Co. 6-25 $$1.50 ; 6-14 7- : 7-10 15c ■ 40c $56c - 6-14 ; 6-10 i 6-14 6-28 (Helena) (Jacob), 4*/a# Industries, Ltd. 5# 6-10 ■' 33c (increased) 6-28 , Quaker City Fire & Marine Insurance— 4 6-20 50c (quar.)__— Corp., com. (stock div.) conv. 6- G-18 25c common Ryerson I'und, Inc.— income) investment (From Reliance '- 6-28 321/2c preferred Penn-Texas 6-10 Extra (quar.) preferred 6-24 15e Reliance Manufacturing Co. 25c Corp Russell non-voting Refractory 9-16 12-16 40c preferred (quar.) $1.30 10- 6-13 1 1-2-58 25c Peninsular Telephone Co.— Common (increased) ; $1 2 Vic 12Vic Iron 6-10 — Pyle-National Co., common 8# preferred <quar.)__ Real 6-21 1 7- 1 2'Ac (quar.) (quar.) 6-24 - Si' ?■ iquar.) Company Rubinstein Ruppert Puget Sound Pulp & Timber (quar.)— Purex Corp., Ltd. (quar.)—-——_—-——;— Putnam (George) Fund— Reed preferred Electric Service 30c Park Chemical Co.— 5% 5 6- ; Ruberoid Oklahoma— of 6-14 v:.".y - ;■ 6-20 — J50c Mexico— i 6-21 7 1 6- : - j T 6-14 7-25 70s^: . . ■ 3*2 $1.50 Hydraulics & Machinery Inc., coin.— $1.20 convertible preferred A (quar.) Radio Condenser (quar.) Radio Corp. of America— $3.50 1st preferred (quar.) Rapid Electrotype Co. (quar.) Rapid Grin & Batten, Ltd., common—— ; 6# preferred <quar.)_ — Raybestos-Manhattan, Inc. (quar.)—Reading & Bates Offshore Drilling Co.— 6-14 6-28 6-14 7- 2- $1 pfd. 4 6-10 , ;$1.40 preference (quar.)———;— 4.08# preferred (quar.)_ — 4.18# preferred (quar.)————.— 4.30# preferred (quar.)-—— Publication Corp., com. voting (quar.)_ Reading ; Co. ; exchange 6-24 (quar.)- preferred Class 6-20 6-15 6-17 $1.75 Manufacturing, 1 , R 6-20 $1.50 —— preferred (quar.) 6-24 (s-a) (auar.) A —— ' 6-14 - 6-17 , . 6-14 - 6-28 ; 35c " »* 25c K » 2 - 1 15#', , l.» e-^.0 6-rl4 "■ . Corp., com in on -——^ JA—- i ^..IOc;^27- 3 (Final of of ; 17 Vic New ■>7- $0.84*3. > (quar.j 27 VzO Quincy Mining Co.———_——— Panhandle Eastern Pipe Line 4# 40c 12*2c j Racine 6-29 7- 1 7- 1 20c (quar.) preferred (quar.)_ preferred of #200 Petroleum Co. (20 guilders)— ( 0.91354 guilders at the current rate on June 3) :$0.328iMi Royalite Oil Co., Ltd., 5*/4# pfd. iquar.i 6-14 25c 6- 5 7-15 Page-Hersey Tubes, Ltd. (auar.) Pantex 5% Quemont 6-12 7- 1 6-21 31'Ac 70c —_ Co. Service Quebec Telephone Co., 6-11 7- o 7-1 7-15 held— . Express 6- 7- Providence-Washington Insurance iquar.)— class A——— • Telephone & Telegraph Co.— Common 6# 7-15 7-15 6-15 6-10 6-15, 6-19 pre¬ Pacific Pacific 8-15 8-15 7- 1 6-10 20c — 6% 6-20 Prudential Industries, Public ; (final)— ordinary—,— 40c 7 (quar.) Co. ; 6-20 ■ X IT '7- ord. tet. Corp. (quar.) Inc. (quar.) : 6-20 7-1 Royal Dutch 5-23 20c :• (quar^) ** 25c. 5c 5-31 6-20 l2Vze . — 7-15 : .... Bros;, Rothmoor 4 6- 6-20 > 25c . 400 ■„ 6-10 6-21 ,-j—— Ltd. Prophet Company (quar.) Gas Co. (quar.) Common dividend)— (stock of the ferred for each share 5# 6-1% $1 50c — Aggregates 55c . i50c <qu Providence Public 6-28 6-28 10c 20c (quar.)— (quar.) 6-10 2 5oc income)-— ordinary ((From Progress Mfg. , Co., convertible 1 7- — preferred (quar.) _— 4.24# preferred (quar.) 4.65% preferred (quar.) 7- 2 #■/#. Quarterly from net investment income-— Owens-Corning Fibre Glass (quar.) 4% 5-31 12Vac (( 6-15 Y.)— (stock dividend)— (9 additional shares for each share held to effect a 10-1 split-up) Rose Marie Reid, common (quar.)——— . 5# convertible preferred (quar.)——-—— 6-11 6-17 7- (qui 4# 7-15 7-15 $$1.75 20c 25c $1 20c 30c —— Oxford :: 7-10 7-24 $25c Ltd., common (quar.) iquar.) Opelika Manufacturing (quar.) Orange & Rockland Electric, common 4# preferred (quar.) —_ Gas 6-21 $1.75 Inc.—-———A—— 5.60% $25c Products Over-the-Counter Securities Fund, Inc.— Roos 1 80c $1.75 Public Service Co. of North Carolina— $15c $133/ic preferred Orangeburg Mfg. Osborn Mfg. Co. Ronsoir 7- 6-20 6-29 (quar.)___uL__-;iv receipts Corp. 1 - Roosevelt Raceway iquar.)—— prefeired (T. Public Service 6-20 preferred A (quar.)——. „ convertible preferred B (quar.)____ (quar.)— Owens-Illinois Price 6-14 7-10 6-24 7-24 7- 2 5Vi% 7% 5-31 7-15 ' l^c — (s-a)— 5# Corp., Bros., Ltd.;(quar.)—— Rowe) Growth Stock Price • 8-16 6-7 7- 2 Ontario Loan & Debenture Co. Ontario Steel 6-29 $1 -■17 MiC Lambert, Inc. (quar.)—. Preway, 6-17 6-17 6-176-15 Ontario 6# Rome 6-20 1 7- $1.25 receipts deposit CaoJe 6-12 ' —— — Preston East Dome Mines 6-6 6-14 ; 6- 3 5-1 6-14 6-14 6- 3; ... 9- 1 7-2 7-31 (accum.) participating preferred Jockey Club, Ltd.— 7- 62v2c Corp. of Canada Ltd., com. 4Mi#- 1st preferred (quar.) ,6# noii-cum. partic. preferred $25c , preferred (quar.) Ontario Beauty Supply Co., Ltd.— American 1 7- is-a rw.i ( deposit Amer. 4-16 — Power $1.06Vi 15c $1.12Vi 4## Rolls-Royce.-— 4-16 6-25 $10c (quar.)—,—— Power (quar.)—.— Electric Potomac Chemical preferred 6-14 6-25r 75c Rico Telephone Porto - class A (quar.); Oliver Corp., common iquar.)_ $1 , 20c Olin. Mathieson . : 37 Vic Class B ♦ . 97Vic $1.10 $1.11 60c —— 6-20 7- 2 7- 2 6- 3 6-28 6-28 6-28 7- 1 7- 1 7- 1 7- 1 6-29 . ————25c 20c Quarterly 7-15 Vic ; IN. Co. —., Valley (Canada), Ltd. (A. V;) 7- $25c (quar.) Telephone .Corp.,, common Roe 1 $20c " — preferred iquar.) 6-14 7rl5 '4 Prentice Hall Inc.— (s-a)— Old Line Life Insurance Co. of Amer. 5# 6-10 (quar.) ——— Genesee " Co. 7- 1 7- 1 iquur.) Old National Corp., K.) (H. Pratt & — . j 8V2C — <Pa.) — Porter-Cable Machine (quar.)— Portland Woolen Mills, Inc., 6# pid. Porter 6- 3 7-26 loc pfd. Rochester Quarterly, 62v2c 1st 7- 2 . (quar.)--.; Sand Co., Inc., 6# River 7-15 income) is-a) preferred (quar.) '$2.50 2nd preferred (quar.) 5% Prestole Ohio Rochester .& r20C (quar.) Corp., common . 6-25 7- 1 40c 45c 140c 40c ' $15c 15c (quar.)—. (quar.)——— 7t15 12 Vic Plastics, Inc. (quar.)--^i— Plough, Inc. (quar.) — Plymouth Oil Co. (quar.)—-——-—- 6-21 6-14 7- 3 6-28 6-14 (quar.) — — 25c Office Specialty, Ltu._, —f^oc Ogilvle Flour Mills Ltd., common (quar.)„ $25c 7# preferred (quar.) ——Z. —-----$$1.75 Ohio Brass Co., class A common (quar.) $1 Class B common (quar.) —a$1 Ohio Edison Co., common (qliar.) 1 55° 3.90#; preferred Ltd. Development. Placer 4 (quar.)— ; Rochester American Insurance 6-21 8- 1 8-1. , v Wayne & Chicago Ry.— -Common (quar.)-—.——-i—— 7.# preferred (quar.) Pittsburgh Plate Glass Co — -— Pittsburgh Screw & Bolt (quar.) —— 7- 1 Sugar,, Ltd. Oahu 6-14 7-15 ,75c Pittsburgh Ft. 5-31 Ltd., common— B ,7-1 933Ac 97 V2C St 56c from investment (from • Power & Robinson, gains 6-20 'Northrop Aircraft (quar.)——1--——.—— Nova ■ Fund, $1.37'/a — (quar.)™--——_—— Ry. Northern Queoec Power Co., capital 65c (quar.) com. 5Vi# preierred (quar.)— Northern Ohio Telephone (quar.) Northern v 5-24 5-24 6-21 6-21 6-21 6-20 7- 1 7-15' 7-15 7-15 6-20 Ltd. (annual) preferred (quar.) — $4 Participating — Little & Co., Ltd. 6-15 ■ 6-10 6-20 $20c common 6-29 4' of Rec. 6-20 34:#C: $24c Ltd., 7-1 Mines, Inc., Mills (24c from Investment income Pioneer 7-1 6-10 6-3 5-24 6-28 0 l:," Gold Crow Mfg. dividend participating preferred $1 Pine Street Fund, Inc.— 5-31 7-15 7- 1 7-2 6-24 7-15 —^ Natural Gas Co., Northern Pickle L. 1 Payable 37*2C iquac)^—iL——— com. 62 Vic (quar.)—— (Hartford) Insurance Pillsbury 5-31 6-20 48c (quar.)— 44c preferred (quar.).—J———.—^ $1.05 preferred (quar./;.——_—, —.• :$1.06U preferred (quar.)—_.T—————• $1.12 Common 4.40% Phoenix (P. Robertson 6-10 $1 8 6-7 50c 25c $62 Vic d# $2 iquar.) 6-29 When •. Holdera - - r. v'5Vi# preferred (quar.) . " preferred (qttar.)___^_—-—--------- ' Philippine Long Distance Telephone Co.— Common (quar.tj*,-a——i( 8# preferred (quar.) ———— —„—— ; Phoenht Glass. Co. (mohthly)—;—.— "n — IV 15c Co.— (quar.)—t— preferred '' ( 4# 6-24 343/sc . Refractories Co. Gas Co. North Penn . int. 3%# pfd. A (quar.)— Philip Morris,' Inc., common ( quar.j_— 3.90# Robertson-Fplton Control, ' Philco Corp. 6-14 6- 7 6- 7 6- 7 6- 7 . 6- 7 * 6-10 6-11 6-14 7-1 ?,. 6-12 7-31 5-31 6-14 37Vic ——— 5Vu% North American North 6-20 butfo'n ' gains) capital , 8-lo 6-28 6-28 7- 8 6-21 6-21 15c 15c 6-14 Investment Corp.— North American 6# ». Aviation (quar.) Cement, class A (quar.) American North , 50c 30c tlOc 18%c 40c — Co— Normetal Mining Ltd. (interim.) Norrte-Thermador Corp. , 7-1 7-11 Nicholson North American realized , * 900 ihcome ordinary net oi 10c from from Fund ( and "a dist Philadelphia Suburban Transporation 5# preferred <quar.)_——Philadelphia Title Insurance 6-29 7-10 . " Philadelphia (Ohio) preferred (quar.i .—_.— $1.50 Newport Electric Corp., .Z3%# preferred (quar.)—————— 93%c Niagara Frontier Transit System (quar.) — 15c Niagara Mohawk Power Corp., coin, (quar.) 45c 3.40# preferred (quar;) . f. 85c 3.60# preferred (quar.) „ —90c 3.90# preferred (quar.) 97Vic 4.10# preferred (quar.) .U —. $1.02 Vi 5J25# prexerred (initial)—— $0.48125 Niagara Wire Weaving, Ltd. (quar.).-—-— 1 t50c 6# Per Share Name of Company • Payable of Rec. Share Name of Company Payable of Rec. 7- 1 6-14 7- 2 6-18 Hoiaern When Per Holdera When Per Share Name of Company ! Monday,/ June 17, 1957 . (2812) 16 7- 1 6-12 56V4C 7- 1 6-12 12*2C 8- 1 7-15 1 7- I 1 1 6-15 I 6-28 6-n I 50c 6-21 6-7 I $1.12'c 7-15 7. 1 $1.50 37*23 (quar.)— * South - 7- 6 5-28 Pittsburgh 4Vz# preferred Water Co.— (quar.) (Continued on page 52) 1 Volume Number 185 5647 he Commercial and Financial Chronicle (2813) -;1 ,v j Stock Record «» New York Stock «»' Exchange DAILY RANGE OF PRICES STOCKS Year 1966 Range Since Jan. 1 Highest Lovv»t 6 45% Apr 6 37% Feb 12 98% Dec 14 109% Feb 7 98 Jan 28 11 Dec 4 14% Jan 9 11% Jan Oct 1 67% Jan 3 58% Jan 2 Apr 10 29% May 25 22 Sep 19 23% Dec 108 20 29% May 4 "23% Feb 24 July 17 154 19 13% Apr 22 31% Jun 10 28 4 132 32% Jan 6 Jaix July 30 37% Dec ] Mar Feb 22% Jan 3 22% Dec 31 Dec 10 ,46% Feb 13 Dec 13 176% Feb 15 10% Mar 20% Jan 28% May 36% Feb 9 52 Feb 9 190 155 Nov 9 163 2% Dec - ~2 16 17 Dec 11 111. Dec 14 16% Dec 21 23% Feb 6 Dec 31 88% Jan 23 6% Dec 31 77 241% Sep 23% Mar 22 117% Jan Dec 5 30 Jan 23 105 Nov 30 12% Dec 21% Dec 11 21 Apr 17 82 Feb 14 ! 1 7 218%_May 19% Jan 6 114 * 12 Apr 26 11 Jan Admiral 147 58% Jan 29 12 13 Jan Jan 7% 4'A% 14 12 27% Feb 40% Feb 15 76 Mar 12 47% Jun Mar 25 108 30 Jan Allied Stores Corp 4% preferred- Mar 15 119 Allls-Chalmers 9 May 16 ' July 11 133% Aug 10 35% Jan '80 Feb 18 39 11 Jan 4 100% May 13 48% Jun 14 44% May 28 Aluminum of Co Aluminium Apr 3 27 Feb 4 19 26 Jan 2 42 % Jun 14 45% Jun 4 10 104% Feb 12 147% Jun 7 Amerada Petroleufh 30% Feb 21 29% Jan 6% 16 79 Jan 19 126 Oct 10 36 Feb 95% Dec 7 108 Jan 30 4 9 60 % Feb 27 18 17 7 37 26 95% Jan 9 31% Oct 29 28% Mar 25 70% Jan 62 39% Oct 23% Aug 2 47% Dec ll 8 May 28 16% Jan 23 99 " 1 Sep 28 118 Dec Amer May 31 113 7 17% Apr '89 - Apr 31% Jan • Mar 19 64 27% Mar 68 convertible 9 Jun 24% Jan Jan American 2 3 % ft Jan 66 Mar 2 12 12 19% Dec 15 5 6% Jun 20% Majr *19% Jan 4 24% Jan 20% May 2 4 6% May 14 44% Apr 30 42% Mar 7 40 Oct 1 Apr 2 39% Feb 18 38 Nov 20 45% Jun 18 37 % Jun 13 38% Jan 27 61% Nov 12 53% Dec 27 Dec 67 81 Dec 18 Jan 48% Mar 11 5 35 Dec 100 Feb 27 14 79% Dec 53% Jan 9 23 26 27 % May 15 61 Jan 37% Apr 3 13 23 Jan 32% Jun 84 Jan 25 3 13 8 *224 229 160 *152 17% 111 17% 73 72'% 72% 8% 8% *205 3 3% 17% 17 17% V 110'% 17% 17% *72 8% i*108% 15 299 140 *134 61 *109 «/a 15% 4 *3% 87% 21% 89 89% 91% 21% 21% 21% 29% 30 30 30% Theatres 5% American 7% 47 46% 46%. 76% 77 77 34'% 34 34% 112 *110 36% 36% 97% 97% 100% 46 46% 46% 45% 46% 29 *28% 29 *28% % x27 27 44 43% 7,100 46% 78% 200 34% 34,100 115 36%. 99% 47% 46% 38,700 " 1 300 36% 5,300 100 Va 20,300 59,700 *28% 26 i/a *26'/a 27- 43% 43 '/a 43 26% 26% 400 X42 % 43% 140 48% 29 1,800 I: 29 26% 47 29 29 ; 80 142% 144% 143% 139% 64% 42% 140% 65 64% 65 64% 65% 64% 64% 64% 18% 18% 64% 18% 18% | 1,300 18% 18% 18% 18% 18% * 92 18% 26,300 91% 91% 94 91% 92 93 U 34 % 34% 34% 34% 34% 34% 34% 34% 97% *97% 98% *97% 98'% *971/4 98% 29% 63 % *62 143% 141 % 34% 99 142% 10 29 29 97 % *29 62 62 *62 22% X22% '21% 2 4'hu 113 100 23% *19% 5% 1 41% x38 American Crystal sugar com prior preferred 100 56% 55% *28% 33% 90% American Cyan amid Co 10 82% No par Cable No par Co _10 10 Co 48 % 47% 118 119% 23% 49 *92 29 23% 49% 119 123 29 28% 63% 24 *91% 400 1,200 10 29 28% 29 1,600 63% *62 23% 50% 123% ,1- 33,700 62 62 180 23% 50 23% 25,300 50% 14,300 124% 1,600 22% 125 23% 49% 124'A 50% 124% .23% 12,800 ' 12.50 39% Jan 33%. 122 363,', 1 Chicle 46% *76% '• 96'% *97'% Corp CoJortype 4 %ft 2,700 35% No par American 8 600 29% 35% 34% Corp American 03% Feb 27 22% 29% 96% *91% common & *21% 95% 25 Chain ;-9i% 30 par common 60% May 2 59% May 21 31% Jan 17 93 92% 76%. 113 2,400 , 4 22% 33% '111 270 15 29:% 35% 100 preferred American , 36 20 Co Can V.15 90 78 46% 40,500 22% 47% 115 60 '/a 113 ,;*3% 96 No par com " ~20 143 umo 4 94 100 Radio 15% 30 65,900 9% 299 58% < 100 1,200 1 common & «■' 111 143 61% 110% 35% 44% preferred Inc r' 140 8% *215 34% *112 26% preferred Cable 72 * 46% 112 43 Broadcasting-Paramount American 72 : *76% 33% 78 34% No par com Co 17% 15% 21% 29% 112 17% 8% "3 % 29 % 47% *109% 60% 4 7,400 17% ; 110% 15% 2,800 3 17% 299; 140 61% * 26% preferred Arma Shoe convertible 8% 112 - 17%. 72%' *72 143 61% 112 3 111 *17%, *220 21% „5 t 8% *210 15% *3% *109 % 72% 299 ,M36% ' 3% 110% 17% /. 'f 17 *109% 1,100 27,700 160 3 50 Bosch Brake 4% 4 7 4% Mar 49 % 230 *152 17% 137 preferred Amer 13 7% Mar 12 31 *226 " 160 3% % 60% 1 preferred conv American May 9 50% Jun 13 125 32% May 21 20% Jan 11 3 4% Dec 112 12.50 Corp convertible 4%% Amer 21% Dec 20 225 *152 3% 62% 45% common American Bank Note 31 19% Jan Airlines American Bakeries Co 27 41% Feb *222 160 17% 8% *28% Agricultural Chemical—No 3 Apr 25 99% Mar 28 10 104% Feb 11 3%. 17% 50 preferred * 26 % Mar 16 ■: 222 ' 10 Amalgamated Sugar Co (The) Corp " 27 *217 3,200 ; ! 29% 60% - 10,200 ... 27 *26% _1 Amerace 91% Jan Sep 215% -: 160 1,000 11% 60% *152 200 195 11% 29% » Amalgamated Leather Co r 39 31% Nov *190 11% 60% No par ,• 31 195 11% 27 60%, 100 America 27 Dec 195 12% 2,700 251/2 29% 33% Sep 22 196 11% 27 ,, 3.700 14 r. *25 59% 45% Dec 58 24% 27 *76% 24 105 % Sep 24% 29% 20 28 121% Mar 23 4,300 25% 29% 100 Limited 9,200 26% 61% 13% 59% 109%, 110% 15 ; 15 % 4 *3% 86% 86% 5 4.08% convertible preferred Alpha Portland Cement 31% 26% v 140 common 31% 26% 27% common__No par Mfg 32% 26% 29% *72% * 36% May 31% 26% 58% 17% No par 32 26% 583* ♦132 —— Mills 14% 31% 29% *109% 1 100 28.000 60% %" 14% - 27% 17 4—18 Allied Kid Co Allied 61 57 V: 3% '• .„1 Allied Chemical & Dye 11 82 * Mar 12 32 3 23% May 13 30% J an 8 61 29% No par Allied-Albany Paper Corp—*4., 61% 300 16 ,V 15% 27% 299 Industries „Inc 16% 29% *205 11 98% Jan - 11% 100 prior preferred 15% 58% *152 20,100 101 16% *190 . 11% 8 Allegheny Ludlura Steel Coyp Allegheny & West Ry 6 ft gtd " , 11% l preferred A ' Shares 47%, - - 27% *213 100 common Allen Jan 25% 5 preferred conv *24'% 100 12 5 14 3 $4 24% , 197 191 29% 1 13 3 26% 197 -J.-46% .. *24% 14% 32 26% 196 46% 101 % , 56% No par common Alleghany Corp jun~14 14% 31% 11% 45% 101 , the Week June I t 14% •14% 14% 26 % Friday June 13 45% 101 Sales far Thursday 60% 60% 26% 196 Engineering Co___l preferred Inc 60% PRICES % 16% * 24% conv Alco Products Inc common -Aldens 16% 31% ' l common 44% *99% j 1 60% 14% __l pfd 1951 series—100 Alabama & Vicksburg Ry_ 100 Alaska Juneau Gold Mining-,.. 2 8 16% SALE June 12 26 No par 15 % Jun 25 *21% Jun Corp iAetna-Standard 16 17% .37 % HIGn Wednesday 44% 101 " 1 65% Apr 110% Jun 11 3% May 14 85% Mar 27 9 1 Corp 4.50% 44% *99% 59% 10 .Air Reduction Inc 6 44% 15% Addressograph-Multigraph Corp__10 18% May 13 77% Jan 14 9% Jun Inc Co (Aeroquip Corp— ll ~3% Ma~y~28 13 108% Mar 19 '47 Apr 72 102 4 125 34 14% Jan l Tuesday June 11 101 % •100 25 Stores Monday June 10 43% 100 Co Express 5%% 4 97% Jan Mar 5% Feb 37% July 25* 8 7 30% May 10 30% May 9 60% Jun 14 Mar's 15% Feb * 17 56% Jan 29 104% Nov 110 25% Aug 15 36% Apr 23 ' Dec 26 30% Nov 1 18% Jan 26 42% Dec 77 May 64% Dec 28 v 120% 29% Dec 19 117% Mar 27 5 Nov 88 160 % 16% Feb 10% May 7 241% Sep 14 14 115 . „un* Steel Adams-Miilis Mar 11 4% Feb 13 5 14 ACF-Wrigley Acme .Adams 27% Jan 11 204 12 19 136 1 j conv ACF Industries Inc 10 , 5 preferred ABC Vending Corp 8 26% Jun 1 12% Dec 31 4% 6t% May 17 38% Jan Par Abbott Laboratories common 14 16% May 27 12 11% Apr ' , > EXCHANGE 104% May 22 17% Jun 10 2 55 47% Jun LOW AND NEW YORK STOCK Highest 37% Dec 14 ■*,».«» * FOR EVERY LISTED STOCK Range tor Previous Lowest ti j WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES " i 23% 23% 20 *19 5% . 23% 20 5% 23% *19% 5% 5% 23% 20, 22% *19% 5% 5% 23% 20 *19% 5% *5% 20 „ 41% 38% 56% 56% 29% 33 % 42 41% 42 41% 42 41% 38 41% 38 (i, 373% 38% 37% 37% 37% 3,900 5% 42% 37% % 56% 57% 57% 58% 57% 58'A 57% *57% 57% 29% 28 % *58% 33,300 2,200 58% 2,600 57% 2,800 56 % 29 % *33% 34 33 33 X32 32% 32% 32% 600 *89 90% 83% 57% *28% 90'a 90 90 *87% 90 87% 170 84% 83 84% 87% 83% •84% 82% 83% 20,300 57 *28% 57 29 *28% 400 28% 8 12% Dec 28 27% Mar"21 19% Aug 35% Jau 3 48 17% Jan 6 43 % May 24 9 29% Apr 30 American Distilling Co 7 15 11 American Encaustic M American 7 American European American Export Lines Inc——40c & Foreign Power—No par 27% 15% 28% 16% 28% 28% 28% 293,', 29% 16% 16% 16% 16% 16% 30% 16% 29% American 16% 16% 13,700 American Gas & Electric Co 39 39% 39% 39% 38% 39% 38 38%" 37% 38 14,700 American Hardware 20% 20% 20 % 20% 20% 20% 25 44% Mar 12 Dec 12 Jan 11% May 1 3 25 66% Feb 41% Jun 22% Juil , 21 Anr 26 45 • 87 % May Jan 97% 27 Dec 7 Feb 13 49 10 30% Dec 14 16% Apr 43 % Aug 5 26% Apr 14% Feb 18 13% Nov 27 2 34% Feb 14 31% Feb 1 17% Anr ?3 39% May 22 Feb 11 23% Jan 2 Feb 18 35% May 28 18% Oct 4 86 23% Dec 31 20 6 Jan 25 142 % Nov 7 104 84% Jan 31 143 7 118% Feb 13 31 Aug 11 Dec 96 Dec 4 13% Nov 29 17% Apr 9 17 15 Dec 28 17% Jan 3 95 Dec 14% Mar 21 102 July May 8 Jun 135 154% May 17 10% Feb 12 13% Jun 95% Feb 14 97% Jun 7 14% Jan 2 16% Jun 3 15% Jan 2 17% Jun 19 106% Feb 21 95 Jan 21 102 24% Feb 9 40% Dec 11 31% Feb 12 40 77% Dec 26 93 78 % Mar 26 83 35% Feb 10 45% Nov 25% Nov 29 Mar 29 Jan 21 23% Feb 11 91 41 7 34% May 4 Mar 16 97% Dec 6 Jun 12 22% Dec 31 28 Jan 16 21% Apr 4 2 30 Jan 27 25 13% Jan 30 18 5% Dec 31 55% Jan 12 28 Mar 108 Jan 21 14% Mar 26 Apr 5 8% Jan 3 5% Jan. 7 70% Sep 17 56% Jun 13 38 % Feb 6 33% Dec 3 28% May 22 33 % Nov 21 40% Jan 9 33 43 Jun 16% Dec 8 54% Aug Feb 11 46% Feb 11 14% Jun 9 5 5 24 150 Dec 19 177 Feb 13 153% Jan 9 6 Dec 14 8% Feb 27 6% Jan 2 28 Nov 21 36% Jan fl 27% May 1 56 Feb 21 105 46% Jan 23 142 % Dec 12 42 Jan Nov 26 81% Feb 11 50% Feb 19 59% Mar 20 174 10 120 % Mar 20 Feb 46% Mar Apr 25 39% Jan 19 51 48 13 59% Jan 21 138 Jun 40 Jun 14 14 U May 27 % May 14 Feb 4 56% May 6 28% Jun 13 99% Feb 6 25% Jan 15 27 May 16% Jun 8 12 8% Mar 21 64% Jan 31 Apr 0 4 -7% May 22 34% Jan 04% Jan 10 4 15 47% Jan 3 3 28 16% Jan 16 187% Feb 1 185 Oct 10 68 % Oct 1 119 Dec 28 84% Apr 39 145% Jan 27 31% Nov 23 9 Jan 25 Dec 3 51% Jan 70% Jun 119 27 % Feb Jan May 28 23 % Mar 13 Jan 23 63% Feb 14 17 23% Apr 24 25 15 19% Mar J n 5 87% Mar~19 25% May 23 57% Feb 19 85 Nov 67 7 Feb 25 Jan 6 18 90 0 Dee 3 32% Jan 10 30% May 28 26% Mav 29 For 42% Apr 107 31% Feb 12 40% Jun 14 9 95% May 48% Feb 20 43% July 11 35% Mar 19 see page 28. 30% Feb 13 25% Am 8 9 43% May 31 40 Mar 20 150% 149% 151 2,300 13% 17% 17% 17 17% 17 17% 100 *100 4% % 5%ft Metal 100 Products com convertible preferred Motors Natural American Amer Potash No par 10 Building Co No par No par 100 & Tel 54% 1,500 26% 26% 27 26% 27% 27% 28% 28 28% 31,300 7 59% 140% Co *90 x24 % 24% 24% 24% 26% x26% 26 % *26 % 27% 16 *16 54% 86 62% 141 42 91 series 57,% 54 14% *156'% 55% 14% 57% 57% 56% 29% 29 29% 3b% 37 36% 36 54% 55 54 55 14% 15 14% *156 % 159 160 •156% 6% 6% 6% 28% 28% 28% 28% *85 62% 140'% *42%. 86 86 63 3 i 141 61 139% 43 43 51 % 51% 31% 32% 31 31% 9% 176% 9% 1 SO Anaconda Wire & Cable No par 8,000 147/a 15 *156% 8,200 159 34,600 10 6% 6% 2,900 28% 28% 2,900 83% 61% 138 43 123% *42 ♦120 820 86 56,400 62% 139 1.040 500 42% 122 120 39% 51% 52 52% 31 % 32% 31% 31% 31% 31% 2,500 31% 31% 31 % 31% 31% 31% 3,630 9% *9% 9% 9% 9% 9% 9% 176% 177% 176% a 176% 177% 176% 177 35,400 71 % 71% 71% 71% 70% 71% 70'% 71 15,200 119% 120 119% *26% *23% 75 4,500 54% 39% 120 120 37% 40% 10% 10% 26 % 65% 15,000 361/2 6% 62% •120 52 57% 29 % 54 139% 42 122 1,000 39,800 36 29% 84 61% 138% 122 500 - 28% 84 63% 56% - % 15 ■ % 140% 43 32% 31% 26% 24% 15% 86 28 100 3,400 24% 159 6% 122 51% 32% 31 *9% 15 7% 57% 283., x6% 100 16% 7% 7% T 23,400 91 16 16% 7% 29% 24% 39 Va 82% 26% 16 % 39% & Smelting—1 4 100 *26 7% 39% 25 25 series *89 25 10% x36% * 26% 57% • 38% *82 93 24% *26 7% 39 2jl *89 16% •120 72 91 7% 39 71 *98% 39% 82% 16% 122 176% 10C 39 7% 7% 37% 93% 38% 25 *98% *82 24% 42 5 —100 Corp Zinc Lead 85 ( 100 98% *120 100 5%% 54% 1 25 25 preferred Preferred 55% 100 American Water Works Co com—5 Preferred 6ft 55% 1 Co- Viscose 55:t 4 25 Snuff Co common Refining common preferred.— 6% 55% 14% 14% 156% 156% 6% 6% 28% 28% 5 . noncumulative preferred Steel Foundries American 55% 53 100 Razor Stores 54% 58% American 7% 54 29% preferred 6ft 82 29% 36% American Seating Co 7 ft 39% 82 56% 1 preferred American Ship 38% 82 % 16 . Amer Rad <fc Std Sany common—5 7ft *98% 39 25 Co & Chemical American Safety 100 82% No par Gas 3,100 38% 24% 5 Co 17 17 900 *98% *26 1 Corp 1,100 83% *90 2 20 American Molasses Co American 20 16 26% No par preferred American 13% 97 101 38% - 33 *82% Metal Co Ltd common-No par Amer 13% 97 *15% 54 American Mach <Ss Fdry common—7 3.90% preferred 100 Co 4 149 16 Anaconda 90% Apr 151 97'/a 81 39% Jan footnotes 2 150 16 72% Jan 13 151 13 % Electronics Corp 12 xi51 *96'/a Amphenol Jan 1,200 153 16 American 42% Dec 107 17 120 177', 39% 52% 39% . 52 3,900 39% 52% , 3,000 1,500 119% 119% 119% 39% 40% 39% 40% 40 % 40% 40 Va 40% 37,300 10% 10%, 10% 10% 10% 10% 10% 10% 5,300 *26 % 26 7 *23% 120 a 26% 26 Va *26 26'% *26% 26% 24% 24% 24% *23% 15% 15 15 *23% 15'/8 24'% 15 27 27 27% 27% 27% 27% 68% 75 68% 70 69% 70 69% 76 77% 77 77 ; 440 200 24% 10 15% 15 15% 4,900 28 27% 28% 7,200 54,500 69% 69% 69% 77% *76% 77% 480 40% 6,100 - Anchor 31% Dec 107 17 Amer Machine & Metals 2,000 109% 1 preferred 201% 108 American Investment Co or 111 prior 16,900 ; 113 13 % 7 0 2 20 V4 30% 111 97% 5%% 49 115 15% 29% May 17 May 20% 1,200 110 *96% 14 18 29 27 20% *48 *13 131% Feb 25% Jan 4 49 *48 16% 6 6 49 13% Tobacco common 13 *48% 97', a Tel *un 49 16 American 10% Jun *48 49 *96% American 41 % 2,000 *13 4 12 23 16 % 81 21 22% 13% 78% Jan 9% Jan 22% 22 »/a 96% American Sumatra Tobacco 30% Feb 23% 16 13 179% Mar 2,600 22% 13% 96% 2 13 17% Dec 65 Jan 10% July 20 23% Nov 26 12 Jun 12 28% 14% 23% 1 American 9% May 13 170% Jan 2 8,900 13% 23% No par Amer Sugar Apr 24 34% Apr 25 42 Va 28% 14% 107 noncumulative preferred—100 0ft 40 7 41% 28% 14 % American Ice Co common 53% May 31 18 42% 28% 14% American International Coiuj American 45% An 123% Feb 42 28 % 14% 107 10 Amer Smelt & Refg com 4 42% 28% 151% 63% Jun 11 195% Vri 24 ' 10% Dec 10 Optical Co 18% Jan 42 14% 1 News 158 42% 28% 14% *48 12.50 SS Co 42 % 28 % Products American-Home 45% Mar 12 16 5 Corp 42% 281A 14% 23 14% £2% Secur—No par American Hawaiian 31 Apr 30% Jun Dec 20 —_1 Corp American 28 3 Enka American 58% May 15 42 28 — Tiling 3 37% Feb July 24 , issued 37% May 17 33% May 120% Jan 2 129% Mar 26 When 83% Hocking Glass 8.25 Common $4 Corp— preferred Clayton No par & Co 21.80 Anderson-Prichard Oil Corp—.— 10 Anderson Andes Copper Mining 14 39 94 45 % 38'% *34% 39% 38% 94 46 40% 35% *91% 39 % 39 95 *91% 45 45 44% 39% 40% 35% 35% 393,', 40 40 4Q 30 92 92 91 91% 44% 44% 44% 44% 45'/a 1,300 X39% 39% 39 39% 38% 39% 14,000 *35% 36 35 s% *35% 36% 300 96 17 The Commercial and Financial Chronicle 18 . . Monday, June 17, 1957 . (2814) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous ■ / stocks »>/ f i f NEW YOKK STOCK v j .»*» ■.* \ •»» , , < ' LOW AND *:* HIGH PRICES Sales for Thursday June 1'} June 13 June 1J June 10 SALE Wednesday Tuesday Monday Par EXCHANGE Lowest Highest * ■+ 4 Range Since Jan. 1 Highest Year 1956 Lowest th" Week Friday is'iares June 11 ' 28 41V* Apr 39% Apr 9 5 35% Jan 23 28% Mar 27 36 Jan 4 Argo 46% Feb 9 69% Dec 14 51% Feb 12 65% Jan 2 Armco 15% Feb 7 24 2 13% Feb 12 16% Jan 8 Armour 26 Va Nov 29 Dec 5 82 May 25% Feb 37% Mar 27 Jan 22 4% Dec 11 4 297/s.Feb 16 12 9 28% Feb 12 Jun 14 Jan 23 35 Jan 3 110% Jan 5 73 Aug 28 25% Nov 21 33% July 25 9 Oct 97 55 89 38% 38 38 32 % 32% 32% Steel 2,300 I/O O'i \ 57 58% 58% 57 3 4 58% 58 V* 58% 30,500 Co & 13% 14 13% 14 13% 13Ta 13% 14% 14 14% 31,600 27 27% 26% 27% 26% 27% 6,100 88 88% 88% 88% *87 88 >4 28% 28% 29 *29 29% 6 iii 5% 6 1(J Corp of 5 Illinois 27% 88 18% 30% 7 Artloom 1 34 May Carpet Co Inc 26% Dec 27 18% 19% 18% 19% 18% 19 18% 30% 30% 30% 30% 30% 30 % 30% 32% 32%' 5.25% Nov 28 90 88% May 20 Jan 2 ,7 Jan 23 95 35 % Jan 5 29 8 49 % Jan 11 41% Feb 12 57% Jun 6 20 84 y2 Jan 4 94 78 Jan 1 67 Jun 5 9 10 Jan 14 17% Feb 27 17 Feb 1 30% Jan 2 Aug 34% Oct 29 8 26 7% Feb 24 5% Jan 2 49% Feb 24 43% Jan 3 3% Feb 5 7% July 12 15 % Jan 8 31% Dec 29 58 y8 Dec 11 Jan 16 15 > 32 y8 Jan 3 95% Jun 12 102 85 13 95 19 May 10 Apr 105 53 13 Jun 41 y8 Feb 68% Jan 27 58% Mar 13 67% Oct 24 28 V 11 9 Jan 19 14 Sep 12 12% Jan 22 Jun 12 16 12% Oct 31 44 6 39 Jan 43 May 28 . 19VaJan Apr s.. 44 Jan 8 11 71% May 22 16 17 % 31% Mar 14 July" 13 Feb 11 134% 106 'A Jan 117% Sep 13 25% Jan 23 37 y2 Jan 9 43 y8 Dec 28 ; 94 Dec ' v ' Jun 14 48% Jun 9 26 27 ys Feb 12 Feb 6 10% Mar Jan 3 18 85 ■ " 130% Oct 44 y8 Dec 19 53 31 77% Aug . 146 Dec Dec 172% Feb 20 Beck <. l% Jan Feb 27 32% Jan : Feb 15 45%-Apr 12 54% Jan 7 11 49% 13 14 y8 Feb 11 70% Mar 15 75 6 46% Jan 7 11 43% Jan Feb Mar « t 14 y8 Dec Dec 29% Jan 6 33 % Jan 2 12 3 3 17 Apr 23 'Jan 9 s .; 23% Feb 12 32 Apr 15 12 Ya Apr 30 16% Jan 3 14 y8 Feb 12 17 % May 27 Dec 3 48% Dec 12 Bon 9% Jan 2 Jan 12 51% Feb 12 5 38% Feb 25 46 Jan 10 78% Apr 23 87 Jan 22 48% Jun 53% Jan 24 98% Feb 10 6238 Jun 7, 3 29% Jan 3 15 28 19% Jan 61% Jan 3 37% Apr 26 47% Jan 10 Oct 1 14% Jan 31 9% Jun 35% Dec 31 54% May 10 29% Feb 41 12 11 % Jan 38% Jan 28 58 9 42% Jan 3 Jan 11 31 24 y8 Apr 6 8% Jun 10 13% Jan 14 35 y8 Jun 8 48% Nov 16 40% Apr 47 Jan' 10 May 28% Feb 14 44 % Dec 17 41 Jan 8 21 92 % Oct 26 100 Feb 29 85 32 % May 25 37 48 54% Jun 30 90 Jun 36% Jun 13 14 25 15 Jan 15 591 51'V >60% 19 18:,4 ••».(% r 30V 30% 44% 44',. i 473b 142 14% 14 % 14% 14% 71% 71 % 71% 71 Va 59 %. 62% X62% 37% 38% 38% 28 23 % 62 3 4 39 v "2.7v:» Va 623'b 42% 48:% 100 2.50 Feb 1 Feb 11 33 Jan 17 21 Jun 11 29% Jan 11 Bullard 20 Va Dec 10 23 8 18% May 23 21 Jan 63 Sep 20 77% Feb 8 62 May 21 65 Jan 24 72 Dec 85% Mar 6 69 May 23 74 Jan 23 28% Jan ' 27 23 46% Sep 15 Apr 10 22% Sep 18 9% Jan 23 Oct 26 31% Jan U Va 50 *15% 15% 15 % 15% v 15 Va 15% 15sa 15% ;38% 38% 38 38 38 38% 38 Va 38% 9% 9% 9% 9% 9 Va 93 9% 9% 9% 36% 36% x36% 36% 36 % 36 v 36% 36% 36 Vb 3638 J'45% 45% x44% 45 % 45 45 *44% 45 Vi *44% 8% 8% 8% 8% 8% 8% 8% 8% 8% 41 Va 41% 41% 41% 5 25% May 98 . 41 % 42 411/4 41-% 50 50% 50>?8 54 % Jan 3 29 Jan 11 Bush 12 % Apr 34% Dec 105 % 23 Aug 16 14 14 Jun 5 31 3 101 10% Jan T 10 51% May 3 8% Apr 13 38 4% Dec 5% Feb 12 12% Jan 20 16 Va Mar 20 11% Apr 5%. Jun 22 Feb — 13 44Va Jan 4,200 14 14% 14 14 v i 14 Va 14 Va 14 14 vb 2,200 *44% 45 *45 4538 45 44 Vi 44% 7 58 59% 58% 59'% 58 Va 59 v 4 10,700 26% *26% 2634 26 v4 26% 1,300 43 Va 43% 4,700 19% 20% 18,100 *61 69 6% Jan 37% Jan 4 43% Jan 3 17V/J Jan 3 32% May 29 13 Vi Jan 2 75% Dec 98 7 78% Jan 2 84 Feb 27 52% May 2 56% Jan 29 ?5 Oct 30 1 4% Nov 66 July 11 33 Vi Apr 30% Nov 29 6 36% Mar 16 24% Apr 29 Vi Feb 60 56% Apr 49% Mar Aug 22 For footnotes see page 6 28. Packing 24 *29% 41 % 5 Corp 10 .. 16% May , Campbell Red Lake Mines LtdI Campbell Soup Co 1.80 Canada Dry Ginger Ale com—1.66% $4.25 conv preferred No par Canada Southern Ry Co 100 5 % Hepla ; — , - — _ _ _ 27% May 15 4 12 1 8 5% 11 % & Canadian Breweries Ltd 36% May 13 52 Jan 2 Canadian Pacific Cannon Mills Ry Co—— 64% ' 68 ' a 64% *61 68% 70 46% 46 ;,.*17Va m7ta . : 24 Vs 237b 46 Vi 473h -7% 8 1013u • '-'5% •• 12 a 5% ■. , 463a 171'a 17% 24 2378. ■ ' 5% 31% *101 32 32% 1.300 21% 21% 22 4,900 18% *18Vi 18 % 1,600 12 Va 12% 18,800 68% *66% 68% 100 64% *61 64 3 4 *69 70 47 46% 46% 31,500 ; 17% 17 Vi 17-%- 1,300 24% 23% 23% 3,300 734 V 7% 5% 123a r 5% 12 V 7% 7% 3.200 35 a 5% 5% -1 5% 5% 5% 32% 33 V 15'a 42 39% 41 Vi 70 41% 5,100 5% n 5,700 12% 13 V8 10,700 5% 5% 5% 8,000 33% 6,700 15-% 4,600 33% 33 15% b 5,300 5% 33 15% 41 102 101 12% 5%' 12 12'A 7 1534 102 *41% 41% . "40 '101 3438 33 V4 33 16 .. 102 413i 42% ' 7% *"7Vb xl5% 33% 15% 1013a 41% 41% 33 '• *30% ,31va- 30% 102 5% 203 86% " 8 12 V 17% '24 .24 • *85 70 *69 . 600 12% 12 *66 % - .20 86'% 30 .„ 32 18% 12 vb -*61 70 . 19% 18"b *06% *61 15% 15 % 5 • " *79% 81% *79 81 *79 52% 52 % *51 '.4 52'% *51 Vi 52 % *26% 27% 26% 26% 35% 36 'a 36 36% 50%.. 50 50 *79 27 Va 27 Va 25 35% 36 *50 50 % : *50 ■ . 81 *79 81 *51 Vi 81 No par No par 12 12% 68% <>67 Va 18 * 1 Calumet 18-% - 12% 47 46 *17% _^15 Inc—/——_t_—5 Zinc-Lead Callahan 8 17 Feb California 2 21% v 44% 44 *85 ' *101% 11 32 22 3 « •• 5 11 18% 31% *66% ; 64% *68 Byers Co (A Ml common No par 17o participating preferred—100 7% Jan . ■■■' 18% 19 ' 84% 21% 21% 18 5% Aug 9 34% Nov 23 13 Dec 12 21 31 21 18% * „ 30% 21% 44% *313a 30%' 2118 ' 20 84% 20 84% 43% 43% 19% 84% ' 45 19% 42% 30 Vb —___1 Zinc——. 20% * 84% 19%. .5 i 57% 20 41 Va *84 No pari —1 10 7VaJan 17.300 14 % 7 Tb 14% Jan , 53 Va 90 14 Inc—_I Co & 52% *85 36% preferred— Copper 53'% 90 36 % Butte 104% Feb 26 Mar 12 4 *85 9,100 3631 ' 7% Jun 90 600 41% 41 5.400 36% —No par L—5 ——5 ; — 52 3 53% 52% *87 2.000 4 9 Vb 45« 36 va —10 Terminal 1.100 5.900 36% Co B'dler Bros 4 90 12%:, 19 2,300 9% 36% 66% 47% May 27 15% 38 v2 90 12 V« 8 15% 38% 36% 66% 12 i 90 —.100 3 % % .preferred 1 i_ l.100 4% % second preferred.—:. i.100 Burroughs Corp— 5 27 3,900 36% Burlington Industries Inc com_^_J 17% Jun 23% May 4J % - 36 % 23 33% Feb 6 49 *80 ' 8 Aug 15 40% Jan 20 49 Va 1 15 Co Co 49 ' 5 : Co common Watch 4,000 25,500 49 23 ,4%. 1,000 81 50 14% Jan 3 7 49-% 74% Jan Mar 18 661% May ? 62 Vi 42 2.200 ^.100 —10 : preferred Bulova 2 3 81 43% Co Buffalo Forge Co 28 36% July 17 38% July 30 29 Dec 61% 41'% *78 Va J * *78V8 81 44 26 42% 250 *,« 23 27 S2 % 42 100 16% 10% "'16 38 y« Jan (The) 617b > 81 27 Budd 4,200 > Co. lnc__ Bucyrus-E'rle 3,100 72,800 23 % 413.i 42% 45 19 23 Vi 61 Va 41 7b 26% Mar 23 a 13.100 *73% 81 V; 57 81% Jan 23 3 61 61% 42% 56% 16% Jan 23% «. *10'% 26% 30 29 45% 5,800 28 >% 44'A" 22'% 10%' 45% Nov 2834 28 Va 45ss 10% 26 % 12% Aug 21 28% 28 45 10% 54% 65 28% 28 46 va 103, Buckeye Pipe Line Co . 29v'4 28,/a 10%" xlO% Brown $5 28% 10% Brunswick-Balke-Collender —No par 9 160 5,000 7 45 % 16 'A May 23 15 5,600 38 16% May 28 90% Jan 7 1638 48 % May 22 52% Jan 37% 16% 28 21% May 17 63 38% 10% 60 12 Tv 62% 38 16% 4 10 64 61% 16% 2 26 7 16%, 38% Mar 11 83% Feb 14% 71 13 42% Jan 17% Feb 14'% 71 28 24 3 700 14% 71 % 13 26% July 19 56% July 18 22 3,500 28 45% Dec 95 % Jun 4,500 202,700 13 46 21% Jan 1,200 48% 28 16 5 900 30,600 •: 139 39%. a *27va 18 41% Jun 38 v 28 a 23 Dec 138 ; 4734, 13 61% :__j Gas Brown & Bigelow— 17 y8 May 28 139 6,000 : 44% ; *27 41% preferred 89 47 13 61 Union Shoe 44'% 28 *78% common 3% %. preferred Brooklyn 30% 13 No par —^ conv 30% 7 :••• 1% 30% '48% *71 a 1%, 48 Vi 14,600 61'% 18% 44 12% 25 Manufacturing 18'/a 10% 15 Co GO'i 43'%. 12 3 4 *271 t—5 RR— ' 62% 61 , 2 2.100 12% 28 23% Oct Jan • 71v 10,200 44% 14% 14% *70Va 18 % 89'% ; 49 va >138% ioo ; 39% 1234, 16% 25% Jan 17 139% ' 39 i% 47'a 70 3,400 11 '.*86 18% '48 32 ' x27% 39% Nov Aug 29 139 % 61 44 v4 443a 48 3'4 •\ 18% v 43% .,44 > 120:- 5,900 43 *10% 18% 48va 84 22.% 31% 1 94 7.1% 30% 5,200 84 39% Vi 6,500 22% Hi 18% * 290 17% 39% - *41% 31% '32% 60 rl4% - 96 85% 18% 48-% 140% •: 17 Feb ' 2,500 142 *94 22% 39 % 30% : .48- v- 35 35 r43 *86 i%; 44% 47 2,200 17% 18% 1% : ■ 8,400 16 v« 38% *10% 39Va 30% 48% 140'% ■I'- *130 66% 17% 22% '11 44' *130 '. • 1,300 16 Va 39 v'4 *41 Va :"32% ' 35% 142", (96 *83 Vi '• 44% . 700 2,600 65 v4 17% 61% ' *42 va ■ 39 % 443b V 46% r 94 44 30va 44% 47 Va 473« "139 1.25 Inc Co Brass 35 Vo *94 :/ ,60'/a •;i8% •: . 44, 2 *130 85' 39% -1%;, 4 45 °a 100 Maine *42 V 95% *80 18% 1% 4(» % * '—No;par —J.—1 (Thei & 13% 1-^48% .leva • Aug 2 15% Apr 27 13% Dec ; 45''' " 1% 43« :—I '—1 preferred Edison 80 13% 142 32% 60% a- >:18% 'f: 45 "V; 46% *451 -J—i_50 3.50 Briggs & Stratton Corp— 3 Bristol-Myers Co common 2.50 11 11 18% 94 *27 Co 45% 793/b 35',4 - *10% 39% *86 —No par Brlggs 11 Jan 33% Feb 18 38% ; 4 89% 23% 4Vz% Dec 18% 39 3 23% 3%% 45% 13% 16 vb .;'v 1,700 80% 23% 22% 41% '-'41% f 23% Bridgeport 12% Dec 32V a' w r 23 preferred. Braniff Airways Inc__ 11 32 -'■■ 62 66'A ' 20 61 *45% IG'/b l9% Inc 210 39,600 ' ' 65% 45% Stores 9,700 50% 13 V'4 16 Vs *83*4 ' 30 — 85 80% 44 43 28 5% 2 12 23% 44% class A 97 49 % ./• 67% *35 Vb 84 23»4 *41 Va 29 V'4 Co 33% 96 * 94% " 1 B 20,600 13% -.*130 ' 84 23 % .61 16 VB 93% 29 Common 10 Feb 142 93% 45% Ami 20,100 .13% 33 % 49%' *42% ' 35 x34% 85 is pwo Cou 1,800 4 v8 44% : *84 .85 x66:% 16 VB *130 96% 38% (Delaware)———10 Boston 3 1 Aug 25 % 142 *86 _50 Borg-Warner Corp common •' 41 y2 Oct 17 ;>• Laughlin Inc_'_—T_ 2.50 —_—1—5- Borden 12 16 Va 42 1 Inc—— Boston 57% Mar 19 16% 23 —5 Book-of-tlie-Month Club Mar 11 : 66% 11% — 700 13%' 81 80',4 :'•» *13% 80 44 Bond • 50 % Apr 64 ' 43 4 84 t Airplane. Co Class 12% Mar 16 17 45%: Aluminum & Brass Corp—'—5 Bohn 3 •11 60.' 45 32 % Corp 41,200 44 , *13% 3?% 97%; 49% 17% Gypsum Co_iU2I——— 1 Steel (Del) com.—i—8 (E W) & Boeing 61% Jan 1 * 39'/a -100 Bigelow-Sanford Carpet (Deli com.5 4%% pfd series of 1951——100 Black & Decker Mfg Co_ 1 Bliss - 25 1 Foods 'i Bliss 2 May Jan *45 85 17V'2 —100 Blaw-Knox Co 14 Feb JUn 25 17 27 38% Jan 79 12 26 44 Dec 20% May 26 V - 34 % 1 9% Dec 26 54 t 2 29% Apr 20 23 % Nov 21 12 11 Apr 65% Dec 45% July 25 '21% Dec 15% Jan 13 32% May 11 36 45 % 16% Bethlehem 2 28% Nov 29 45V'4 - 60 60 S4 63 3 7%' preferred 64% May 17 Feb (25% Nov 20 61 96 86% 6% 45% 7. 45'% 4% •44 33% 95% 86% 38% cum Best ■ i 24 Jan 35 60% 48 47% 43 common—.—10 ') Bestwall Jun1 13 16% Jan 46% July 17 60 47 32% Best & Co Inc—— 18 Ffeb 84 50% Sep : 50% 34% 05% 17% Co Aviation- Bendlx 5% 8 5 10 48% 49 7 4vs ; 33 3i 39(4 preferred wi— Benguet Consolidated Inc—i. 8 23 89 17% preferred 6'% - 1,000 1,300 '* Beneficial Finance Co ^___i__ 1 13 Va Jun 32% Feb 96 *87.% 38 % May 12 34% x96 177a May 14 9 28 13% x34Va *10% & Howell 4 43 13% 38% Aircraft Corp..——— 4%% 4% 43 V4 37% 48 Jan 4 89% 1 Bell 6 6% 457b7 45% 7 13 :in 17% . Bell 2 37 98 -50 Corp——10 — 13.500 11'/4 *36% 35 j..— Savers 72% 11'A 37 13% l — -71% *. 18 6% 2.50 : 900 *17'% ■ ■ 95% Inc— 20,700 18 43 % 90 9% 16% 11% 13'a % 86'A 93i 363b 46 30 8,500 32,000 16% 71'%'.- 7 f x42 4V8 86 *17'a 6% *45 ',4 '7 7. 1,500 55% *11',i 42 % 98 Si RR Belding-Heminway 31 155 ' *4 4'/B 63« 634 46 7" 1334 *87%. 4%% pfd—10J Corp__—_———1 (A Creek Beech-Nut Life 71 !28 % Jan Shoe Beech Aircraft • Dec Instruments Beckman t 89 y2 Feb 12 6% *45 Vb F 16'% 71 7'7 - _____100 — 21 139 y2 Jun J 11V4' 53% 16 % 42% 'Jo / Beech 43 7 36 V i 6% *130 prior conv 4xhc/o preferred Beaunit Mills Inc__—i 39 9 x30 46% preferred—Jloo • 41% Feb I 363« 68' 66% May 17 30 33% Apr 17 53% Jun 22 1 36 Vb 72% 11'% 43 2 1% Mar 18 " 18 71 66»2 3%% 50% Jan < *17% 42% 7 24 y8 Jan ;.>■ 10 18 36 v" 3 57% Mar 11 2% Feb 24 14 Jan 71% 11 Va *17'% 16% 16,800 91'%? 45% k 45%, ' r) 50,400 | 9% » 29% ; 7 *89 9%* 9%' 16:V4 13% , Apr 8 11% Jan 28 7 Jun 68'% *11 Va 18 13% 33 ;i 8 86 7 - 10 : 97«* 11% 4 18% May 17 43% Jun 13 . 1 % Dec ' 86 86'A' *86 / ; ( x79% • 64% Dec 27 8 ' 36% Mar 15 101 Nov 27 „ 13 39% Apr 55% ,J 1314 May' 3 31% Jan 24 42 > Apr 22 13 22% Jun 50% Dec 31 Jan 30 8 28% Feb 85 80% Feb 4 27 - Nov 28 >20 8 31 55% 16'% 45% 86 Aug Dec 56 10 81% 11 Jan 42 45% 16'% 1 5 20% Jan 45 Va 68 Va 7 Beatrice Foods Co common——12.50 Apr! 46 V8. 86 »A* 83i' 91% 7 *89 23% 9'% 29% 91%' 13 % _100 luO 23% ; / 30 ' 55'a 79 % May 20 i 14 Sep 17 '26% Aug 6 '? 10% May 16 12 32 % Dec 8 39 10 ■i 47% Jan 91 y2 29 31 19% Jun >80 20 Vi. >79% 77'" 7: 7. 29% \-,-44%. 44 31 35% May 20 102 35'A Feb 4 2 136 19 93% Jun 120 Jan 23 Nov 27 116 Jan' *86 .. 9% 30% 40% 9 Corp.,—13 (The) Brothers Barker 21 Apr 56% 7*89 ; 1 —-10 Corp common—.5 ■7 4%.% preferred ,_— :_-50 Bath Iron Works Corp ——10 Bayuk Cigars Inc —No par 14 Feb 39 '.■i 16 6 44% 16% 6% Bangor & Aroostook RR— 7 Barber Oil Corp— ; 9 13% Jun 54% Feb v 67% Nov 26 16% Aug 21 86 i -v: 24 7 '#. 9 Va 978- " a 29:i4- 7 993ii ; >2 57% Jan Apr 5 71% Feb 13 44'% 55 Va 36% ' 90 ,,.7. 91 • 29% 90 56 Va 43% common.——100 Ohio & 77 23% 24 23 VB 9 >4 9% ' . 29 31 91%' 44 Vi 1 Co 'V a 7 a 4%. noncumulative preferred—100 May 16 63 44 82 y» Jun 42% Jan Baltimore 50% May 16 . Wilcox & preferred series B preferred series C— 4% 23-% 77 f 35%- of Amer___5 Co 4%% 7 23% 9 29% uvi Baltimore Gas & Elec Co——No par 8 23% H *17% Inc— (B T) Babcock 28 1,000 67 20 •Baldwin-Lima-Hamilton 15 Mar Feb 490 78 ($1.20)—Nopai prior pref Babbitt 4 35% Feb 7 2 ■ 60 12 5% Jan 46% Jan •. Feb 25 _20 $2.25 > 91 77% 16% Mfg Corp (Thei common.—_3 conv preferred —No par Avco 24 Feb 113 21 41% Feb 12 y8 7 33 89 common—No par Nichols Conv Automatic Canteen 47 % May 35% Feb 17 Nov 39% Mar 13 5 48% Dec ' •. 33 92 77 9% preferred— Austin 32%' 90 77% 85 % Corp common—— 5% Atlais Powder Co^ 14 May 15 Jan 8 38 5% Sep 4% Dec 17 r 18V4 Mar 22, 22% Jun 35% May 24 Atlas 13 Va Mar 28 37% Sep 26 ,v Dec 24 Jan 24 11% Jan 91 13 9 Sep 13 16% Jan 19 85 25 1 18% Jun 15% Dec 27 11% Jun Jan 11% Jan 32% 98% 76% 53 Vi ' 18 32%' ,93% 77% 44 No par Refining common __10 $3.75 series B preferred——100 9 Apr 25 16% Apr 4 32% 93% 76% 9 Atlantic 10% May 28 2,200 32% 93 91% RR * 1,500 94 100 Line 19,400 76% X29% Coast Atlantic io%; I 22% 10 : 39 % Feb 900 32% • , 10 preferred *32 % 32% City Electric Co com__6.50 Atlantic 4% » — 32% 94 100 ._—lo preferred— non-cum 9 99% Feb 8% Nov 29 95 5% / 47% Aug 14 83 y2 Nov > 6 3u% Jun 27 63% May 43% Jan 27 61% Feb Feb 101 11 *32 32% 7v%: 1 1st preferred Common Jan 400 30% Associates Investment Co__ 10% Feb 27 32 ','u 9,100 19% Common. 6 ' 13 30 Vi Mar 17 32 >b 210 6 30 3-, 28 10 32% 5% 30% 1 6 Jan Jun 10 32 % 6 -18% . 78 9% Jun 6% 1 Inc Ashland Oil & Refining com 103 22% Jun 6% 2nd preferred $1.50 series_.No par Associated Dry Goods Corp— Industries ' 3 *28% 29 6% 6 1 „_ 27% 88% "28 4,200 32 % 6 19% May Corp——-5 >: 58 : - 2.50 Arvin 31 % May 31 63% Jan 22 27 88% 26% 88;:% Constable Atchison Topeka & Sante Fe— 11% Aug 30 Nov 10 4 Armstrong Cork Co common 1 $3.75 preferred No par 33% Apr 29 16% Feb : 32% Arnold 6% Jun 27% Apr 38 32% 4 12 Mar 29 38% 32% 5 17 20 11 38% 32% 18 4% Feb 30% Mar 29 15% Jan 27% Oct 38% 32% Feb 14 Jan 38% 32% Jan 17 Feb 28 38% 31% 92 Jan 18 31% Mar 15 38% o Corp_ 30 86 13 8% Jan 5 267/s Jun Oil 32% jun 8 2 6 102% Mar 18 '/a May 24 No par Archer-Daniels-Midland 39% Apr 25 3 35 % Jun 27% Jan 52 % *51% 52 10 27 - ' 27 27 27 600 35% 36% 35% 36 21,900 50 V "a 49% 50% *50 V a 1,100 Volume 185 Number 5647 The Commercial and Financial Chronicle I (2815) r*J t Ranee for Previous 1 Year 1956 !' Lowest - Lowest 237V Dec 12 41 31 TV Jan 23 45 % Aug 17 22 Nov 14 Nov 30 Nov • 11 TV 18% Apr 19 Feb 12 223A Jan 2 18% Jan !! 104 102 ■;* ,i Nov 12 72 % Apr 65% Jan 11 47 20% Feb 13 14 Feb Feb 14% Feb 27 75 Jan 13 104 Feb 17 3 > Feb 14 21% Nov ' 8 % Dec 28 Nov 28 81 % Feb 17% Jun 16 V'' 517 V Jan 16 98 31 % Dec 113 27% Jan 23 32 Oct 33 19 1 13% Jun • J 10 . 2% Sep 28 54% Jau 9 16% Jun 7 56% Apr 45% Dec 14 91 14 29 % Mar . 3 1 10 443A Feb ,9 1 Dec V 1 Jan 3 3 96% Jan 20 20% Oct 9 13 8% Feb 19 10% Mar 28 19 38 May 28 7% Jun 99% Jan ■ 97/4 Feb 18 4 69% Jan 9 118% Jan 9 10 17 31% Apr 27 28 28 50 31 41% Jan 16% Nov 29 55% May 28 21% Nov 21 2374 Jan 31% Mar 15 35% Dec Apr 2 6 36 Jan 16 Feb 11 4 56 Mar 19 1 22% Feb 1 30 Feb 40 5 24% Apr 33% Feb 12 10 2 37% Jan 5 14% May 22 127/e Oct 26 13% Jan 12'A Nov ; 51% Feb Apr 2 9 56% Jan 2 64 1 87 60 Jun Jan • 243A Oct 25 87 Dec 3 393/a Oec 23 Jan 7374 July 17 203AMar29 123A Jan 30 12 64% Jan 102 Nov 2 104% Jan 18 30 Jan 9 4274 Jun 29 17% Dec 27 237V Jan Nov 20 109 46% May 24 185 Oct Jan 3 75% July 18 16 22 28 196 26'A Jan 80 74 30 8 94% Jan 4 46% Jun 14 39% Feb 58 May 23 12 Feb 12 71 15% Jan 18 102''May Violeba *. Checker Cab West ' 'V 108 . * f 5% Chic & Chickasha 16% 52 537V 95 ^ 16% > 53 /: 94 / : 1037V 350 5% 5% 11,000 94 3/8 95% 10,900 96% 96% 15% 107. 200 16 10,800 107 50 r 65% 18 65% 65% 800 34% 34% 34% 34% 4,800 18iA *17% 53 30; 30 *33 3334 427V 34 187 V •7:'/4 41% 1874 73V a x46% 600 18% 327 - 97V a / 2% \ ' ■/ 2 3n *62% 64 2% 64 > 64 30 % 34 ■ 52% 93 167V 8,100 ' 2,800 340 - - 29% 30 4,700 34/ 34 ; 400 •427V 42'A / 42 42% 19 »A 19% ; >19 197V 900 *7% 8 >A 7% 487V 46% 7% 47% 5,900 9% 97V 97V 32% 2% 323A 647V 647V s 1674 51% : 29% % 65 65 33 * 2% > 12,100 2,000 J 100 51 78 91 92 473V - 2% 2,000 12 7V 51 16% 53- 487V 97 V 32% / ?3 11% i ' - 8% 48 97 V 32 2% 19 *7% 20% .♦74 v 34! . . 20% . 12% 52% " ,> . 50% 78 92 . 42% • 19 87V 48% . »A 34 , 42 187 V 7% 477V 9% 12 92 : 20% 507V ?74: 1674 y 16% 92 3° 7V 427V 183% ?20% 127V 537V: 30 9 12,100 974 - 400 • 6,800 3274 32 7V 4,300 27 V > ••2% 3,100 64% 700 2% *64 " 36 37 907V 377V ' 907V 29 403V 87V 8% 63 997V 100 197 V 377V ——50 No par Western com—No par 30 3 V 39% 40 2874 35% 1 28% 72% 74% :. —8.50 27% 277V • 100 88% 887V 10 417V 41% ' 104 20 X35% *3774 36»/a 36'A *37% 500 36% 3874 197V 201/8 *28 7V 2,200 31 "100 3,200 ' 37% 300 197V 19 1974 10,200 587V 587V 56% 587V 58% 1,500 327V 32 323/a 317V 31% 40 39% 39% 3,200 28% 28i/a 35% 15,100 39% 347V 357V 357V *19 *1174 :12 60 *58 28% 35% * 28% *19 35 193/4 *11% 197V 7,200 " 393/4 28% Y X287V 12 19% *11% 9,400 19% ; 12 - :. 74 757V 277V ■ 6,400 64'A *101 19 35 *56 6374 ' . 19% •12 60 6474,, 102 . 20; *28% . 387V 19% *1174 7% *26% 102 36'A . 9 7% 63% - 20 - 197V 12 *56 —25 1,100 7,200 347 V *117V i—35 3,200 83/4 267 V 540 397V 29% 19% 97V 774 2674 8% 7% 2674 77V 267V 64 TV 4,800 32 327V 31 TV 397V 7V 8,400 38 587V ;, 287V *19 39% 37% 18% - 587V 19 317V X347V 3874 357V *3774 ' 38% ; 187V 587V 2734 5 40 3/8 197V 387 V par 40 9 28 TV 1. par 407V 22,400 *99%'103% 20 1—100 3 307V 637V . 28% ■■35%' *37 7V 58 91 307V 77V 267V 637 b 103 fc- *997V 19 58 907V 31% 9 77V - 377V 187V pfd—1—100 91% 30% 397V 267V 357V noncum 37% 91 307V 9 77V 26 7v 37 90% 307a ;. 377V 90% 267V 627V 7n?a 26 62 TV 37 ' 907V 307V-" 40% 397V 87 V ' 77V -377V 907 V 293V 29% 397V *28% Copper Co—i Chrysler Corp' ! 370 1,300 54,700 * 1087V . *65% J • 1 75 16% $3 *93% X197V Chile ' 51 75' * 337 V 46 31 12 51 76 307V 41% 97 1274 51 167a 96 29% 33% * 12 50% ^-73 16% 1 Oil— 102% 11,600 M 17 'v;; 20 Cotton ' 20% 50 1 Chicago Rock Jsl & Pac RR—No Chicago Yellow Cab No 43 96% 167V 15% *107 -65% 207'a 287V , 57%' 22% 103 ^ -96% • 107 65% ^17V, 357V 5% preferred series Al Chicago Pneumatic Tooll - * 20% 357 V North 977V 380 57% 5% 12- - * 1.25 — 8.800 99 42% 95% 16% • - 107 8,100 69% ' 5% 20% *28 7V series A 16 • ■' ■ 24% 22% 17% 957V 18% —40 preferred 5% 103 ' 44 • 5% 34% 75 No par Chic Milw St Paul & Pac *96% 657V' Western Ry com Del_50 Great v, *97% 24% 68 7 V 95% 34% 50 No par Class A Chic 102 5% ' Ii7i)" 1 Manufacturing 102 f *17% ,,*71 1 / 16% 187V . ' 10 , 163/4 35 1 ..... 22% 18 5 „ 58' *43 22% 34% No par : 57% 44 18 —9.50 Co Corp 71 357V ..5 Sugar Co 257V 6974 1 2,800 ■ 10 Corp 97% 24% ' « 70% 58% 207V: Chemway Corp —1 ^.Chesapeake Corp of Va 5 " Chesapeake & Ohio Ry common—25 " 3 7-2 ck convertible preferred—100 Chicago & East 111 RR com—No par 17% Mar 103 2774 60 ; 59 " 757V ' 16% ' 500 ~40 60 753V 61 61 78% * 77% 78% 109,000 4,200 Jun 67% Jun 12 39% Dec 19 45 39% Jan 4 Jan 6 Jan 10 24'A Jan 3 Jan .36% Feb 94 18 22 Cincinnati Milling Mach Co_.^ C I T Financial Cities Service Corp———No par 46 7, Co ■,£ f ^-.10 City Investing Co common——5 b%V« prexerred—— -100 City Products Corp— No par City Stores Co common 5 474% convertible preferred—100 * • 67% 17% " *10074 44% 18% ,467V 62 177V 105 267V X887V •88 'A 417V ; 417V 46 /V 467V- t 68 % .s ' la 105 4474 44% 187V 27% 27% 277V 877V ,.87% 4174 >4ly4 *8774 887V 41% 42% 46 % 467V 46 6974 *1774 *100% , V, " 467V- 68% 687V -6974 1774 '18 i ; *10074 . 457V ■ 105 45 45% ■* 69% 177V *100% 45% - -i , 187V 18% 18% 18% 18% 977V 9fl'% 96% 96% 63 TV 63 637V 6374 25 Cleveland Electric Ilium com——15 Jan Jan 14 $4.50 preferred Cleveland & Pitts RR 7% Special guaranteed 4% Clevite Corporation I 42 No par gtd 50 stock—-50 1 96% *68 *160 83 207 *160 207 *80% 69 83 41% 43 40% 41 95 42% 967V 96 94 96% 69%- 6774 68 397V 217 V 3974 *68 39-is 39% 20% 217 V 7274 747V 3974 217 V • *160 . ♦807V ' 83 31,500 2,800 457V 2,800 191% 19% 96% 5,000 9674 63% , „ 207 68% 1774 105 64 8,400 , *160 2174 50 207 *80% • v 83 *807V 40% 94% V; 41 397V 397V 94% 94 94 *68 69 170 *40 407V 280 21% 9,300 757 V 12,700 3,100 *677V 69' •. 397V 21% 40 21% 217V 2074 7674 • '240 4574 6374 *9674 11,400 1774 96% 6274 Co— 3,700 467V 687V - 19 74 *9674 63 Equipment 42% •-/-46 457V 97 Clark C 88 4174 *10074 207 14 27% 877V : 17% 617V Jan May 16 71% Feb 6 40% May 3 23% May 17 12 27 ; 105 "180 *80% 104 11 60% Feb preferred 15 83 15 Feb 2 4 4% C C & St Louis Ry Co com—.100 5% noncumulative preferred—100 65 175 12 8074 Mar 26 43% Jun.15 80 May .■ Common— 43%May 20 7 May 16 111 13 6' 207V Apr 9 967V Apr 12 52% Mar 26 31 Jan Jun 467V Jun 1 9374 Jan 175 Apr 24 18% May 31 3 27 38% Feb 26 '• South 30 <25 • 95 65%.' - U—50 & 29% 17% Light com___No par 1—100 Common „1— 7' $4.56 preferred 31 50% Jan Dec ■' Apr 25 2 97% Dec f- 11 12 70 8 9 8774 Jan 103 Jun 15% *1067/2 29% 97% 16% 97TV;16% ■' .66 'A 25,400 29% 34 preferred Illinois Public Service. RR Co of N J—, Cincinnati Gas & Electric— 89% Nov 30 347V Jan 26 18 Mar 26 Jan .39% Feb 3 93 15% 107 65% 4.400 493A 1 • 227a >5% 957V ,*96%; 21% 48% " 43% 1027/3' 5% Shares 21% 517V 217V 49 98 24% 7V 58 21% the Week 29% 69 - Friday June 14 . 55'A July 10 47'A Jan 6 20 54 3 29% July 10 102%Aprr 4 3 37'A Jan , 7 12% Jan 69% Mar 1 No-par Cliamplin Oil & Refining Co.l Chance Vought Aircraft Inc Mar 15 34% Apr 29 437/2 Apr 29 2974 May 10 25 43% Mar 4 106 -...100 Gas & Elec Cerro -de Pasco 8 20% May 20 61% Jan 14 12 46% Feb 11 30% Mar 11 39% Jan 2 3 71% Jan Dec~20 10% Jan Apr 27 26% Jan 27% Nov 19 - 29 31% Jan 36% Dec Central'Hudson Central Illinois 11'/; 5 28% Feb 31% Feb Jan 25% May 10 59 'A Feb 12 99 TV Mar 18 19% Jun 15% 100 69 58% 94% 97 7/2 - 25'A 1017V 5% 95 *96% par 317/4 May 2. 49% Jan 24 ' 5% 94 JSTo par com Champion Paper & Fibre Co— 14 69% Nov 21 1093A Nov. 21 24% Jan 16 1027a 10 preferred series ® .t ■ " , 25% Feb 90 167V 102% i' 43%. 44 22% .22%. 16%, 167V .22% 16% ■ 38% Jun 12% May 4 10% Apr 13 443A July 18 29% Nov 29 35% •' 32% Feb 108 6% Nov 28 533/4 Jan Aug A 9 „ 44 22% 100 11% Jan 10 Certain-Teed Products Corp 43% Jan > 2 'V Cessna Aircraft Co 3% Jan. 11 Chadhourn Gotham Inc.. 69% Jan' 9 Chain Belt Co Feb; 7 27% Apr 5 45% Dec 12 21 22% Oct 45 *43 1 common »*Century Industries 59% Jan / 2 30% Apr 2% May 28 57% Mar 13 8 __50 -12.50 T ; — 11 v4%% 31% May 14 ,s Central 36 Central May 20. v 43 % May 22 i'j Central 22% Jan 10 -Central 9% Jan f. 8 8 14 Jun 663A 57% ____20" 100% Jan . 13 16% Apr 3 ,. 3 4 Feb 34% Jan 26 4% Jan 2 V- 7% Jun 25 6738 47/2 c/o conv preferred series .A_100 Celotex Corp common .1 r-' 5% preferred ___L_— 1 8 Jun 29% 97% 30 100 58'A 1ft ,v Central Aguirre Sugar Co L 5 ^ CentraF Foundry Co^. L „1' /' Central of Georgia Ry com__No Mar 14 513A Jun Aug. 17 75% May 313/8 May 24 7 7 Jan May 28 *98 25 7'5» ..... 13% May 22 51 % May 9 79 '* May 9 >, ?•■ Oct 94 14 23 73 77% July 19 £- 27% Feb 28 34 14% Mar ' Sep 13 • 15' ■; 99 72 577 a I 4.20% preferred Celanese Corp of Amer 1% 2nd preferred. 8 1L 497/a 6572 v 18% Feb 28 3 37 % Apr ' - 21% " 46 24% preferred v__100 67V% conv 2nd preferred—.. 7 * 21% 46 5 common >w. Caterpillar Tractor 21% 457V 98 7% ; 21% 29% Sales for Thursday June 13 457'e % ' 8% Jan 1 43 'i 7% Dec 31 54% Dec 18 " 8 Feb July 24 Aug, 9 41% July 27 19% NOV: 28 V ■*!!■.' - 19% Mar 20 35 j. Nov Jan 38% Jan 4 16 17% Mar 22 61 Aug 14 76 25 12% Mar 16 57% Apr 13 86% Jun 12 9 157V Oct - 20 (J I) Co - June 12 297/3 r___10 Co_. common Wednesday 2274 2a Va 5 Corp— Case % Mar 13 17% Jan 8 J08 Jan 11 12 31 aA Teh 13 100 65% Feb 25 47% May 3 20 Jun'22 '''*■* 43 17 Corp 47/2% preferred _! Carriers & General 1 8 Jan ' 14 17% Dec 96 3 119 11 Jan 85% Feb Carpenter Steel 1 June 11 21% 44% — •> 17% Jun 13 116% Jan 14 5% Mar 0 99% May 9 3 1 (Philip) Carrier Apr 26 22% Jun Mar 28 101% Apr Inc_ Tuesday June 10 Mfg Co_ 10 Carolina Clinchfield & Ohio Ry_100 Carolina Power & Light No par 26 12 5 21% Jan 21 647V Dec 21 34 Jan Carey 6 14 5 9 - 25% Mar Airlines LOW AND HIGH SALE PRICES Monday Par ..Carborundum (The) Co 32 % May 22 105 Mar 21 50% Feb 55% Feb 95% July 18 11 13 r EXCHANGE Capital ■" 42% Jun ■ 5% Dec 13% Nov 23 4 51V/4 Jun 12 97% Jun ; ; 26% Jan 12 22 9 Mar 119% Jan 21 65% Jan 23 94 18 38 3% Feb 62% May 16 53% Jan 26 ; 24 TV Aug 16 May 28 Dec STOCKS NEW YORK STOCK Highest 27% Apr 2 65% Dec >31 V 9 2014 Jan 100 t. 29 Va Mar 20 49% Nov 20 43 % Feb 121 227V Nov 29 403,4 Feb 29 NEW YORK STOCK EXCHANGE STOCK RECORD h Range Sinee Jan. 1 Highest 101 'f • 74 '• 75 75 40 83 3,700 370 ■ GO Jan 23 39 Nov 5 127'A Sep 20 141 Jan 5 127 100 Apr 30 139 15 Jan 125 8 Jan 13 100 Jan 21 106 Mar 5 Nov 78% Aug 15 507V Jan 13 9874 Dec 20 1317V Mar 2 40% Jan 99 800 40% Nov~29 75 Dec 2 Jan Apr 9 41" Feb 5 75 Jun Coca-Cola 83 Apr 17 357V Dec 10 47 50'A July 30 51% Mar 12 47% Mar 12 50% Feb 28 39% Jan 18 507V Apr 25 ' 53 11 59 Dec 11 36% Dec 3 54 Nov 30 6674 Apr 9 50 Dec 597V Feb 16 27 1374 Feb 25 11 Feb Jan 50% Feb cumulative Coca-Cola 1374 Nov 21 27% May 28 27 4% Apr 17 46% Jan 14 13 9 i Climax Molybdenum Cluett Peabody & Co com 7% preferred i— 8 800 27 94% Mar 5 11474 May 17 62% Jan 12 437s Mar 2 23% Jan 19 76 74 Jun 16% May 31 3334 Jan 2 3 57 Mar 6* Apr 23 28 34% Dec 19 227V Jun 28 34'A Dec 41 128 128'A *102 (The) —No par Internat'l Corp A'/o 21 367V May 15 35% May 15 167V Feb 13 18 Jan 8 Feb 25 Aug 23 207V Jun 14 84'A Jan 3 44% Nov 20 28% Nov 23 247V Sep 25 747V Jun 10 78% Jan 11 Apr 12 367V Mar 22 1 48% Jan 4 28% Jan 3 317V Dec 18 27 44% Oct 54 Combustion 13 31% Mar 18 347V May 17 Engineering 527V May 14 19% Jan 11 Commercial Credit Commercial Solvents 42 TV Mar Commonwealth 58 1 Jan 16% Nov 21 217V Mar 20 383/4 Dec 447V Mar 19 100 8 Nov Dec 20 29 101% Dec 6 43 Apr Feb 12 467V Jan 16 15% May 7 39 94 Jan 7V Jun 2 14 3 10% Jan' 9 4% Nov 23 137V Dec 31 87V Feb 6 874 Mar 16 47V Apr 104 8 15 Dec 18 Jan 4 227V Jan 26 30% Mar 26 167V Dec 27 12 42% Nov 15 23 % Mar 19 44 Dec 14 497V Mar 22 100 Nov 29 1107V July 17 26% OctTY 15% Dec 36% 31 Ma~rT2 18% May 9 43 Jun 14% Feb 15 Dec 28 347V Jan JO 23 19 1 TV Jan 92 Dec 39% Feb 18 Nov 26 14% Jan 9 517V Mar 13 19 112 Dec 18 109% Feb 82% Dec 31 93 Jan 28 23 88 19 104 Dec Dec 31 Sep Mar 12 42% Feb 11 10 Dec 27 1027V Mar 1117V Dec 5 12 117% Nov... 5 footnotes see Aug 3 page 28. 83 Jan 308% Jan 3 18 437V 327V i—2.50 29% 15,000 49% 4,400 30 49 49 44 *43 45 50 58 *56 58 110 557V *54 55 *54 547V *53 547V, 337V 33 % 34 * 457 V *48% 327V 33% 327V 33 33 327V 33 327V 327V 4,500 17%' 177 V 17% 177V 177V 51,400 19 197 V 197 V 19% 20 20% 13,200 75 3V 757 V *74-'% 757V 46 7 V . 467V 297V 32% * 337V 757V *7474 75 45 457V 46% 29 297V" 29 3 V 29% 29 31% - 34,000 200 477V 75% 46% 75% 467V 47% 14,909 29 29>A 29 29»V 7,400 331V, 327V-, 32%. 327V 33 32% 32% "43% 33 TV 4974 327V -10 487V 49 3 49 497V 49 7V 50 49% 50'/a 6,300 1 157V 167 V 16% 167a 167V 167V 16% 167 V, 16% 1674 23,000 com—25 397V 40% 397V 40% ' 397 a "40% 397V 397 V 397V 3974 19,700 cumulative preferred—100 *9574 96 7'a 957V 957V 95 TV 957 V 95 95 94% 94% 400 87V 8% 87V 8% 8% 1,000 2,700 Inc----—1 Co— —— Edison Co Comptometer Nast Corp , 5 87V Publishing Co—No par Mills Corp— Congoleum-Nairn Inc 5 5 5 137 V 13% 13 137V 14 137V Corp— __1 Consolidated Copperriiines Corp—5 367V 147V 36% Consolidated Cigar Edison of N Y com—No par Consolidated preferred 43 7V Foods Corp J.33 TV 35% 36 357 V 367V 353 V 353V 4,000 1,600 15 157a 44 3 V 45 45 31 317V 157V 15% 15 43 45% 467V 471/2 49 5,600 327a 337V 32 327V 7,000 15% 157 V 15V4 157V 15% 5,400 477V 473V 48 *41% 44 417V 17V .17 V 17V 467V 47 47% 477V ' No par 907 a 907V. 90 % preferred No par $4.16 preferred No par Container Corp of America— *923;t 947 V *9234 90% 94'A *877V 89 7 i *877V 897V 153V- • 48 43 7V 4. 5 —100 Baking Co common—5 $5.50 preferred Continental Can $3.75 preferred $4.50 conv 2nd No par Inc common^—„10 No par preferred-. 100 177V *88 . 327 V 100 187 V 91 '33 TV 100 17% *88 337V 101 90 112 112 112 112 49 487V 49% 44 41 41 5,900 300 17V 1% 3,100 47% 47% 477V 477V 47% 47% 8,100 917V 90% 91% 90 927V ; 927V 897V *91 % 93% *91 *877V 893/V 1 *8734 17% 102 *89 48 *40 1% *88 92 a 48% 1% X32% 47 2,100 "800 91 . 18% 89 7 46% 15 15% 17V 90 47 15 137V 41% 17V 337a 46% 157 V 15% • 17V preferred 15 15% 157a 157b *157A 437 V Common 2,900 32 7 V Consumers Power Co com—-No par Continental 4,700 17,300 457V 47 .—.— 14% 431/4 99 % 317V 100 TV 14% 43% 997V 45 Inc—1 10 431/4 100 X157V pfd i 1574 43 993V 1007V - Stores 6% Retail 15 43 7V 100 15 7V Natural Gas 14 r *1578 58 49% Jan 2,500 13% *15 7 V 49 7V Jun fConsolidated 137V 137V 15% Utilities Consol RR of Cuba 137V 14 433b 327V 5 13% 137V 101 44 5 133V 14 36 3V 3074 15% " 5 5 137V 157 V Laundries Consolidated 15 i3 too lV 5 "" 87V 137» 15% Gas Consolidated 17 47 V 8% 13 3fl 14 157V Consolidated 28, 14 *36 9 7V 15,600 " 137b 1 15 Mar 23 3V Corp—_—5 x\pr 17 Jan 15 437V 1017V *8 157V 157a' 16 3% Jan 101 No par — a 5 10 No par 14 Mar 12 29 44 747V 23 118 29% 76% *06 44 % 16% Jan 15 5,400 29% " 49 45 "2 No par $4.25 preferred 35% Jan 92% Feb 15% 431/4 58 49 457V- Columbian Carbon Co No par Columbus & Southern Ohio Elec—5 ' 4 157V *75 *56% 48 3V 18% 4% 16 58 181V $5 1574 f 29 7V 187 V Consol 75 1674 18% 4.64ft *800 43% 75 29 < 200 43 74 16 —5 Consol Electrodynamics Corp——50c Consol Electronics Industries.. 1 Jan 29 287V *54 14 48 287V 287V 74 1 *800 106% 77 *75 1774 $4.50 preferred 39% Feb 167 V 16 557V $4.52 2 16 1674 1067V 41 43% 437 V . 32 7V 22 99% Jan 44 77 337V 22 1061/2 Jan 20 *800 437V 76 *54 Jun 9 9,800 *800 44 HO 43% *78 pfd—100 49 20% Apr 43% 1067V 107 1 < 800 58 23 94 Apr 24 3374 May 3 105 Mar 29 2,300 17%'" 101 TV Jan 2 103 74 108 33 101% Jan 7 *101% 177/4 2 Mar 18 103 33 4 89 *101 177V 12 29% Jan 1017V 41 107 32 /a 847V Jan 17% Jun X1017V 1067V 177 V 92% Jun 18 102 xl06 *48 Jan 95% Mar 27 20 102 1087V .2.50 1 11 3 12734 No par 4 18 56 % 10 *1253/8 *45 L, Jun Jan . ii 89 83 For 45 367V Jan 28% Nov 28 99 11 17V May 15 Jan 40% 1277V 467V Columbia Gas System Inc Columbia Pictures common 3 103% Jan 187V Dec 18 45% Jan 6 15% May 29 393/4 Feb 12 8 4074 *12574 487V 107 21 44 Sep 28 437V Dec 397V Jan 1 21% Apr 10 43% July 25 14 40% 1277V 587V Cone 7 Jan 407 V *125% *45 B Conde 17 11 15% Apr-29 A Class 147V Jan 13 427V May 287V May 1 14 Class 107V Apr 22 6 7V Jan 17 12% May 6 137V May 20 347V Feb 8 14% Feb 27 993V Jun Feb 41% Broadcasting System— 21 29% Jan 17 74 1287V *58 noncumulative 2nd 737V 1267V * pfd—100 297V Jan 78 No par .... 41 , 1037V 1077V Co com -10 $3.50 preferred No par Collins & Aikman Corp——l.No par Colorado Fuel <te Iron com—No par 5%% preferred series B 50 Colorado <fc Southern Ry com—100 4% noncumulative 1st 19 17% Dec 31 X727V ♦ 4174 —100 177V Aug 16 267V Jan 3 15% May 28 No par preferred_10j 2nd Colgate-Palmolive Columbia 227V Jun Co No par X100 - 18na . 18% *38 90 33 100 183V 90 327V *100 327V 101%. 877V 18 TV *88 32% *100 91 - 50 10 187V 19,200 90 32% 46% 46% 467V 46% 467V 8834 8814 88% 88 34 87 87 112 112 112- .v nil - -112 7,700 110 101 46% 112 450 923V 8774 15,100 553 ' 800 19 The Commercial and Financial Chronicle . . Monday, June 17, 1957 . NEW YORK STOCK EXCHANGE STOCK RECORD Continental Copper & 123A Feb 14 16% Oct 22 12 Jun 10 15% Jan 7 Industries 22V* Feb 15 28 Va Oct 19 22 Feb 12 26 3/4 Jan 7 5% 43 Sep 20 58% Apr 5% Dec 6 9% Jan 11 34% Jun 1 45% Nov 15 45 Jan Jan 2 9 Jun 14 54% Feb 27 69 Jun 14 34'/a Feb 12 32 V8 Jun 10 413/4 Jun 2 32% ' Mar 20 30% Jun 66 Deo 13 59% Feb 20 70 23 33% Dec 41 40% Apr 26 ! 64% Jan 23 31 Dec 87% Apr 60% Nov 29 99 5 152% Dec 180% Mar 7 Oct 30 20 2Va Dec 10 8 27% Jan 14 28 r< 99% May 27 13 89 32% Apr 12 Jun 164 25 . 24 7% May 17 ■' 2 19% Jan 21 4% Jun 14 2y8 Feb 27 30% Jun 13 363/4 Apr 22 13 86 1 97% Mar 78% Jun 6% Jan 2% Jan 22 30% Jan 3 28% Jan 19 16 Dee 4 14 Jan 31 11 18% Feb 28 28 V* Dec 7 35% Feb 23 69% Apr 16 3 Jan .14 Dec 57% May 16 7% Jun Feb 13 31 y8 Jan 2 7% Jan 18 13% May 12 593/4 Jun 5 17 12 47% Jan 11 12 47 31 y8 Dec 28 9 19% Dec 20 9% Sep 14 63% July 19 21 Nov 19 26% Jan -33% Feb • 23 49% Nov 28 19% Jan 38% Feb 14 49% Nov 28 38% Feb Oct 1 12 63 i 47% Oct 79 Dec 3 Jan 11 51% Mar 29 643/4 Jan 14 $6'% Nov 23 49% Feb 50J/£ May20 96 79% Jan NOV 19 65 Y • 2l .' Feb 24 12 7 10% Feb 18 11 % Dec 31 17% Mar 19 4% July 16 12% Dec 27 6% May 21 17% May 21 12% Jan 25 30% Dec 3 29% Jan 40% May Nov l« 43% Feb May 16 44 Vb Jan 24 19 83- Sep 27 Dec 12 81 - Feb 86 Mar 86 Peb 27 May 22 Jan 4 82 88 23% Jan 183/8 Jun 26 % Jun 13 367/a Jun 8 47_ 16% Jun 0 41% Feb 25 July 20 i 64 Nov 24% Dec 43% Dec 20 60% Aug IS ' 31% NOV 23 <31% Nov 27 '13% Jan 9 2 21 25% Jun 5 25 15% Jan 14 4 9% Apr 17 34 y2 Jan 14 12% Jun 14 133/4 Apr 13% Aug 27 Nov Jan 37% Mar 13 34 Mar 29 29 3/8 Apr 6 May 25 21 31 - 57% Jan 13 20% Feb 30% Mar 29% Nov 29 • 2 50 y4 May ' 29% Jun 16% Feb 23 3 22% Jan 39 31% May 13 23% Oct 19 15* 65 49% Jun 10 44% Apr 5 35% Jan 17 43% Jan 31 " <•'17% Jun 18 2 41% May 21 Jan 23 ' 61% Jan 11 15% May 7 37 Jan 21 35 May 1 12 Dec 40 Apt 18 44% May 28 37% Jan 2 14 9 11 26% 383/4 Jan 26 Jan >9 14% Feb Apr ' '7 26 V* Feb 32 38% Dec 79 33% Jun 25 - May'14 48 51 yj May 15 14, 2iy8Jun 38 yB Jan ~23 * • 28% Apr 25 25V2 Jan 7 " 60% Aug 17 83% 300 10,700 29% *29 Vb 14% 14% 29% * 141 2 ;i: 27 r 27% 513/4 '•/ 36% 27% *26% 27% 27% 36% X27V4 8% *58% 27 8% 60 55 y4 >•> 92, >' " ;/••:/ 8j/4 GO ' *59 .7% 31% 12% 11% 31% 11% 32% *31 7% 7% 7% 7% 7% 12 32% 32% 31 /'• 32% *32% 12 Va 11% :/•. 7% 7% 32% iiv'b 11% 11% - ' 61% 7% ' 7% ,460 73,100 •' -a 220 21% i;: ; ■ 3.500 83 a V '1 9.300 27 V* 30,200 • '* 36% 26% 26 3/4 8% 8% 60 < ' - 3534 1 700 • 8,700 6,400 21% 53 37% - • •; 34.300 92 • 27% *27 27'% 8% 59% 100 15% 27 Va 'W 93 *26% 27% 15 53% 51% •92 37 36%* 27% 14% ■ 27% 27% 52% 92 v ' 15% 15% 16% 92 59% 2% 30% 29% 15% /•'« *2% 30% 15 v* 92 8% 2,200 29% 27% 27% 13.700 80 52% 61% . *77 92 8 *59% 60 " •'..:"• a 4% /; 2% 26 ..26% 23 3 23% ; 5 78% 52% — 233/i; r 30% 52% x34% 50 16,400 " , 2% 26% 35% 80 . 30% *152%. 155 155 23% *4% ' 2% 93 27 95 30% 78% 15% 14% 14% "• 84% r *93/ :: v 14% 14% 33% 200 *1.400 •;r 500 . 18,000 113« 200 *59- 59% 59 % 59% 59% 59 % 59 J/« *59 59% *21% 22 21% 22 22 22 213/4 21% *21% 22l/2 42% 41% 42% 42 42 42 42% 41% 42 42% 4iy2 41Va 900 61% 61% 61 Vi 2,300 40% *59 " y2 *41% 42% 41% 42% *41% 42% 58% 60% 60% 61% 61% 61V* *82 84 *82 ,V /; 11V* 5 *5% 53/4 •12% 353/4 13 Vb V 37% V 45% 45% 77 77% *77 78% *77 - 57-% 82 82 81% 11% 10% 11 5% 5% *5% 57% ■ V •:■■, . 5% 5% *12% 13 Vb *12% 13 Va .,*12% 13% 39 Va 39'A 39% "39% 3934, 46 % 46 Vb 46 Va / 78% t.45% : ' *77 ' ;-■'•; *75 ' 53/4 . *75 80 *75 80 *75 % 100 50c *80 84 *80 84 *80 " 80 46 ■ /84 18V* . 30 y0 20% 20% 18% Xl7% 18 Vi 30% ; is 29% - 29 Va 30 V* Vl' *26% 27 % / 27 26% 26% 27 27 27% 16% 16% 20% ' . .-"•• 27% ; 16% "."-'*75 84 50 50 ;:• 18%/ 22% 43% 44 41% 41% 20% : 50% 50% 22 % 43% 41% 41% 41% ' .. /-" «1-. 44' 41% . •> 41% . G2,300 33,800 i 1.1,200 26% 27% w :% 3,100 "6,800 17% ; >.feoo 50% 21% 44 Va : " 50 "4 22 41%' 44 Vb .. 21 y4 43% 50% 22 Va 43% 5,900 /% 18 lT'/o 50 V2 •'22% ' 301/4; v,:V / 27% 17% 50% ' V 20% 17% ? ;■■/ 29% '•: 26% 273'4 41% : • / 27 26% • ■■■//.; 17% 16% .17% .i 2?% • 30% ' 163/4 *-43% 50 22%. l'1 ' 20%; 17% " 30 30 80 *80 27 % ;27% 27 Va '27% ' • "8.400 *'2,000 ' 78% 84 ' Deere & Co common— 7%' preferred —— r 39% 46% 'j " 80 '"' *80 203'4 20% i, 17% . 12% 39%; *46 " 20% 17'/« 29% 200 5% *12% •; /. 78% . , ' 20% 7,500 ' 45% 100 50c 110 - ' • 38 3,700 82 10% /••/'y 57% *5% • . '600 ' 58 84 .. 11 Corp common—2.50 5% convertible preferred 20 Daystrom Inc 10 Dayton Power & Light common—7Preferred 3.75% series A 100 61 " 31,300 11% *82 84 . Xll *41% 57%/f 57% 57% S7- 57 56% . 10 20 Delaware & Hudson—No par Delaware Lack & Western 50 Delaware Power* & Light Co—13.50 Delta Air Lines Inc 1—3 Denv & Rio Grande West RR_No par Detroit Edison —. 20 Detroit Hillsdale & S W RR Co—100 / Detroit Steel Corp 1 jt Do Vilbiss Co 15 Devoe As Raynolds claSs A —2 Diamond Alkali Co V. 10 /Diamond Match common —-1 y 1 $1.50 cumulative preferred——25 Diamond T Motor Car Co 2 Diana Stores Corp 50c Distillers Corp-Seagrams Ltd-. 2 Divco-Wayne Corp 1 1 7 26% Feb 0 31% Feb 27% Feb 6 25% Apr 27 - 32% May 3 35% Feb 10 Apr : ' 30% 11% 3.75-% series R Preferred 3.90% series C Dayton Rubber Co_. —i Decca Records Inc—* 30% 21,400 " 29% 29% 14% *26% 100 Preferred 11 2 11 ' 18 V* Sep v 5 3 13 3/a Jan 31% May 18 • 4 20% Apr 10 84% Jan 5 28 V* May 28 j 80 Sep 25 16% Mar 12 8 27% Dec ' 3 7 49>/a Apr 15 75 y2 May 31 29 18 25% Oct ' 99 8 12% Deo 2 13 94% 100 1,700 94 30% »»■ 22% 92 *'152% 92% r~_l Inc 22% 30% "11% Mills River Davega Stores 0 1 95% Mar * 20y»Jun Dan 6% Feb 27 4 Jan 96 76'/a Dec > 60 5 *29% / ;r. :* ' 82 30% *78% 14% 81 85% 23% / 5 *2% 2% 82 —-5 Dana. Corp common---— 3%% preferred series A , 9 13% Apr 22 J 1 12% Jan 12 Jan 863/4 Mar '"*76 92% 85% , 155 23% 31% 29% / 36/iOO / *49% 94 25% 51% Cunningham Drug Stores Inc—2.50 Curtis Publishing common 1 $4 prior prof erred No par Prior preferred $1.60. No par Curtis-Wright common 1 v Class A .—1 Cutler-Hammer Inc ——10 4 Jun 22 *2% *78% 29% . 8 53% Feb 40 6% Jan 52% Oct ,. 9 3 39% 17;700 33% ; 38% 22% 95 5 30% ••' 2% 31% li% 28 11 33 28.800 • 5 82 3.200 - ,22% • 30% 152 23% 5 14% 33 % Jan 30% Apr 25 ». 1 Cuneo Press Inc 10 May 17 10 V* Jan ...7% Nov 16 2% 30% *78% (The)——2 23% " : 5 ' / 91 ' 86% • 30% 156% *155 23% v. 25 6 17 *93 ' 30% 30% 30% * 5 Feb 32% Apr 21% Apr 84% Aug 20 26 10 2 *85% 86% •'93 93 158 23% 2 383/8 Jan Jan 8 92% 30% • 2 2 18 Jan 23 x91 *85% 14,400 - 39% 36% ' x223/4 ' 69 67% *39 ' 82 *77 92% 86% V ':•••' 63,700 9 f/; 34% - *49%; 51% • 80 23% 95 3334 38% 51% 90 3/4 *155 Jan i« 11 Feb i- 38% 23% 100 Crescent Corp . ' 65% Jan cu Jan 19 26 7 14% May * 57 100 92 2 25 V* Dec 14% May 28 7% Jan 10 ... .35 Feb , 23% July 25 13 31,4 3 38% ♦49% »7G -80 *75 92% *85% 2.50 $2 preferred No par Crown Zellerbach Corp common—5 $4.20 preferred < No par Crucible Steel Co of America—12.50 Cuba RR 6% noncum pfd 100 Cuban-American Sugar 10 Cudahy Packing Co common 5 4%% preferred 100 5 38% 51% 37% *49% : - 40 34% 33 33% - 23%» Crown Cork & Seal common uii 32% 31% 74% 1 ..-.1 1 preferred Cream of Wheat Corp 7 Apr 17 49% Apr o Cosden Petroleum Corp— Coty Inc——— Coty International Corp 33/4% 32% ; 8% 67% 34% 34% • 51%/:' *93 100 preferred Crane Co common 29% Mar 12 104 Deo 27, 91 2u 3 16% Jun 12 11% Mar 27 23 50 y« Nov . Mar 14 29% Jun 2 14 Va Dec - 34% 8% 39% 67% 100 8,100 51V2 8% 67 V* 39% < 9.000 24 51% ' 87% 5 100 preferred 3%% preferred series of 1947-100 Corn Products Refining common-10 4 Mar 38% 23% Corning Glass Works common 3%% 3 28 y# Oct 11% Dec 1 2 66% 38% 3434 74% convertible preferred— Cornell Dubilier Electric Corp. 3 Jan 96% May Feb 11 152 , 8% 67% 34% 37% 35% 8% 8% - 51% Shares 12% *23 V* 24 52 *23% the Week 12% 12% 12% :■ T 51% 8% 50% 50% 37 32 *49% convertible preferred— 9% 3 May 29 42% Mar 28 Dec 18 79 74% Jun 57% Feb 5 6 y* Jan 5 4 Dec 15 5% 23% Aug 27 5% Sep 25 "33 13 31 83% Jun Y4 93- Jan 8 24 32% Feb 27% Jan 20 / Jan 39% Jun 523A Jan 21% Mar 5 19 25 Jan 99 Dec 26 B9 ■/ 94% Jun .Cooper Range Co Copperweld Steel Co common. 11 49% May 21 40% Mar 12 6 8 43% Jan 10 Jan 14 31 ; 28% Feb 52 Dec 24% Jan ' 12% 24 "23% 24 67% ?. 35% 30% Cooper-Bessemer Corp new— May 15 / 67% J 35%' '36%' 14 5 Corp 8% 8 66 * 37 49% ' 5 Delaware of 12% *23% 50% 5 1 ; Motors Continental Oil Continental Steel 12% 23% 50% 25 12% 12% 12 23% 2 preferred Insurance Continental June 13 Steel— common convertible Continental 3 54 V* May 2 6 9 Par EXCHANGE Highest Lowest Highest Lowest Sales for Friday June 14 Thursday June 12 June 11 June 10 SALE PRICES Wednesday Tuesday Monday NEW YORK STOCK Range Since Jan, 1 Year 19u6 HIGH LOW AND STOCKS Ranee for Previous ; ' --^4,000 21% " : y8 - • •62 64. ♦62". V 15% r15% 47 Va 47 *35% 37 49.%- *47% 31. 25% ' ' - „ i. ; , -U0% "30% ' 14% 32 *35% 32 % - -•• 25% 14%' 48 -37 * 32%-' .32% 31-:. . '■t. * v49% ■•50% ' "3^a 133 J 3OV2 48%' *35 % 36 Cr 03 f 47% ' • " 51% i, i 30 , 25% 14% 5.600 - 1 31% 30% i' 33% 14% '-*141/2 300 ;• 47% 37- ; 25% < 17,900 16% *35% 503/5 ; 33%, 30 >05% '{25% 14»/2',14% ' 51% 50% r 6,000 16% *47% 37 9,100 V-. *60 17% «3Q X25% -25% 14% "*'14% ' 64 *60 16% ' 50% 50 ' *; 64 16% 17% *47% - 48 16% *35% * 50% ; *62 64 15% ! 44% ' - *6,500 1.800 % 25% 14% 1.300 3,000 ' 32% 32 V* 12% 12% 7,100 33 32 VB 32% 32 V* 11% 11% ■\.J 11% 12% 12%" 12% V 12% No par 66% 08 GG% 67% 67 V* 67% 67% 68 67 % 68 V4 12,900 -1 No par No par No par 30 33% 35 31% 34% 37% 37% 38% 38% 39 % 57,400 10% 10n8 10% 10% 10% 10% 10% 10% *10% 10% 1,600 v. 32% 32 32% 12% /■ 18,900 h 49 29 Dec 14 14% Jun 12 Jan 14 24y» Jan 29 Dover Corp 68 Vb Jun 14 Dow 10% Jan 14 75 Jun 23% Dec 21 20 May 29 1 20% 82% July 10 23 95% Sep J2% Nov 29 Jan 13 11% Jan 1 May 9 16% Mar 21 7 72% May 28 18% Dec 3 VI 38% Jun Dixie Cup Co Dobeckmun Co (The)—: Dr Pepper Co Dome Mines Ltd Douglas Aircraft Co 69 8 39 V* Apr 13 Apr 26% Dec 26 10 47% Feb 24% May 5 31 56% Mar 26 Chemical Co 5 64 42% Feb 573/4 May 13 Dresser Industries 53% 55 19% May Drewrys Limited USA Inc Dunhill International 50o 1 19 19 1 *10% 11% *10% —No par 8% 8% 8% 3 2 2 12% Jan 10 91 44% Nov 20 50% Dec 16% Nov 23 21% Feb 3 171/4 Jan 2 10% Jun 14 12% May 23 10% Jun 12 6% Oct 1 11% Jan 17 Apr 121% Feb 6 100% Jun 3 12 Jan 9 15 1 7% Mar 9'/8 May27 1 176% Mar 6 12 203% May 16 Duplan Corp du Pont de Nem 175% Nov 29 237 102% Dec 28 83% Dec 26 99% Jan 33 20 38% July 12 50 Feb 27 Jan Jun 12 89'/a Feb 1 34% Jan 2 87 % Apr 2 82 * 39 Dec 28 2 44 V2 Feb 7 44 Dec 11 53% Mar 6 43% Jan 3 49 y2 Jan 29 Dec 18 52% Jan 18 41'A Jun 14 49 Jan 24 Dec 6 54 Feb 29 46 Jan 8 50 Jan 31 62% Jan 12 44 Jun 13 48% Jan 29 54 reo 24 453/4 Jun 5 5o Jan 22 17% Jan ll 14% Jun 6 16% Jan 10 44% Dec Nov 14 •"14% Jun 5 » -47- 19/ • , • • 14% 78% 14 14% 14 14% 13% 137/e 16,000 76 78% 79 77% 78% 77% 77% 13,500 20 v2 20% 20% 20% 65% X65% ' 17 48% Dec 8 40% Feb 12 47% Jan 11 14 57 % 8 353/4 Apr 8 513/4 Jan 4 26i/4 May 16 303/4 Mar 13 30% Apr 3 30 26 y8 Nov 28 Aug 37 V* Apr 19 74'/8juxi 29 y8 Jan 23 4 17 413/8 Peb 13 100% July 17 170 Apr 12 813/4 Feb 13 23 75% Jan 150 54% Dec Dec 18 5iy2 Jan 23 22 V* Nov 30 30 Jan 3 74 Dec 17 35% Nov ,26 , 04 Jan 10 50 Jan 3 90 40 80 Oct 29 149 53 Jun Apr 813/4 Mar 14 158 V4 Feb 28 May 29 64y4 Jan 14 23% Mar 21 ll 40 Jan 6 91 Apr 8 1 21Va Jan 9 25 16y2Jan ; 21% Dec 18 32% Nov 29 , 30 41% Jan 5 30% Feb 11 23/4 Nov 28 4% Jan 3 3% Jan 2 403/8 Apr 4% Apr Feb 8 35 % Mar 11% Jan 2 14y8 Jan 30% Feb 6 38% May 323/4 Dec 14 . 11 34 Nov 20 Dec 27 21% Jan 20 34% Dec 13 47 12 50 30 Apr 17% Mar 20 Jan 86 Jun 18% Mar 31 47% Jan 3 10 57% Dec 13 53% Mar 14 65 May 27 31% Dec 28 29% Jan 42 Jun 25% Oct'SI 5% Dec 19% Dec 31% Oct 87 31 20 1 Sep~12 131/4 Jan 21% Nov 34% Mar 3 15 21 Jan 10 11 19% Dec 31 32% Aug 9 23% Mar 29 5 Dec 7 86 Feb 58 Dec 12 71 July 18 2 page 28. 84 Feb 89% Jan 2 18% Jun 10 71% J«r 57 Jun •>» 13 •' — 30 '20% Jan 7 -77 Feb 62 Feb Nut Co— (The) Gas Equitable Gas Co Erie RR common 36 41% *39 *46% 1,700 ' 400 , 8,700 41% 41% *39% *46% 48% *46% 481/2 42% *42 42% 41% 42 *47% 49 *47 3/a 49 44 *42 44 47 *45 47 *47% 49 *47% 49 *47% 49 *44 45% *44 45% *44 45% *45 47 *45 47 *45 14% ? ' 4 *45% 47 % 14'/a 14 % 14% 14% 14% 41% 37% 415a 42 41% 41%. 41: 41% 37% 38 38 38 Va 38 Va 38% 27% 28% 27 27% 4,400 10,000 ■ 27% 27'A 27% 37% 38% 37 % 75% 74% 76 751/4 54% x53'/2 28 *27% 38% 104 149 : 54% 102% 149 *145 37% 38i/4 38 76% 76% 76 - 55% 55 y8 105% 104% *146 *148 149 26% 26% 26 26V4 *77% 79% 79% *77% 26% 25% -,*77% 79% *77% 19 Va 33 Va 32% 33% 33% 33 Va 90 20 20 20 20 37% 36% 35% 36 % 36 V* 37 Va 36% % 3% 4Va 3% 32'% 32% 33% 33% 11% 11% 36 y2 36% *11% 12 X36 V* 36% 52 *49 52 62 % X6IV4 *61% 63 *62 40 Va 39 Va 40 31V* 31 34% 6% 20 V* 34% 85 Va X31 6% 6% 6% 20 y4 85 Va y4 31 Va 31% 31 % — 72— 72 *58 Va 60% -72% *58 Va - 73 % 60 5,900 52 62 400 40 V2 41% 53,500 39 % 39% 16,100 31% 85% 5b Va . 57 „ 57 31% 18% 18% - nzv*. 57 400 3,500 85 y2 31% 18% 73% 34 y2 *84 31% 18% 13,900 20 34% 34% 73 5,100 6% 6% 20 85% 3134 31% )"% .72% ■ 30% 29% 6% 20 y8 *20 34 72% 1,800 35% 35% 36 3 8 *61 *84 58 11% 11% 12 39% 34 Va 31V8 . 6,300 900 41% 6V4 6% 3"% 30% 6,50 No par 33% 62 20 *84 9,100 *49 34 Va 34% 15,700 3% 32 % 33% 38% 3% 52 20 20V'4 34% *84 38'/8 . 30 Va 313a 38!/a 3,400 90 39 Va 42 39 V* 31V* 34 40% 40% 38 V* 37% 30 4,500 20 *60% 62 Va 39 % 30 V* *84 36 y8 4 '« *49 39% 4 *20 *11% 11% 37 *49 6 33 Vb 33% 11% 52 38% 3% 4 36% *49 3 ••• t 3,800 20 38% 19% - *80 90 19% 11,500 79% 33i/2 33% *80 19% 32% 33% 90 19% 4 *77% . *80 87 *80 16,100 26 %r 26ya ; . 56% *55% 26 Va 33 149 56% 54% ■1,850 105% 149 55i/a 54% . 56% 104% 56% 55 54 V* <y. 55% 105 149 54% 2,300 12,200 76 55 - • 38y2 751/4 104% • . 105 : 37% 53% 26 ... 10 1,400 14% 36% *145 44 14% 75 53 400 ' ., 26% 102% 40 y2 14% 14% 37% 5 10 35% *39'/a 3 Electric Mtg Co 35% 36 *42% 41% 41% 15 .10 50 50 35 Va 35% 48% 10 ; 83% 42% 38 _2 100% *821/2 17,900 197% 100% 83'/a 42% *39% 42% 100 196% 101% *46% 5 Corp common 197% 100% 83 42% —10 preferred Natural 196 *82% 82 83% 35% 41% 48% 36 3 1——.n-p'e-red series A——100 Erie & Pittsburgh RR Co 50 28 200 42% *39% 41% Electric Co Endicott Johnson Corp common—25 4% preferred — 100 0 900 6,400 8% *46% -1 Steel Co Empire District 14 32% Apr 15 27 V* Jan 8% 10 Emerson Radio & Phonograph 7 35 V* Apr 11 8% 35% 35% 10 50 50 50 50 50 50 L—5 L Emerson 14 19 *10% 8% 35% Class B 12 18% 10% 8% 100% *80 Paso 18% 10% 8% 197 % 100 1 5 El May 20 6% Jan 15 70 see 34 32% Feb 25% Jan footnotes 40'% Jun 8 193% Feb 98 9 53/4 Mar 9 23 Jan 13 27% Apr 9 12 27 Nov For 15 28% Feb 30% 9 18% 10% 18% 10% 8% 100% Elgin National Watch Co Elliott Co common 5% preferred 5% conv 2nd preferred 31 18% 11% 195 3'4 Electric & Mus Ind Amer shares Electric Storage Battery —10 1 19 102 Electric Auto-Lite 3 52V* May 10 44% Feb 29% Dec Stainless Elastic Stop 18% 195% preferred 4%% 23,400 83 Edison Bros Stores Inc common L 4%% preferred —100 Ekco Products Co common 2.50 16 15 May 16 6% 36,000 55 Va 101 Va — Kodak 68% 54% 193% Eaton Manufacturing Co 27% May 8 81 y2 Apr 11 77% Mar 15 32% Jun Nov 100 Eastern Eastman 12,100 67% 55% 83 % Eastern Gas & Fuel Assn com—10 AV2V0 prior preferred 100 5 21 67% 54% 103% preferred 4.10% preferred $2.10 preferred Eastern Corp 14 20% 66% 54% 194'% Eagle-Picher Co Eastern Airlines Inc 58y4Mayl3 105% Jun 21% 67 54% *83 : 43 y8 Feb 20% GG % 54% 192 DWG Cigar Corp 36% Feb 21% 66% 54 *102 4.20% 46 Jan 12% 77J/a 5 $4.15 preferred 4% preferred 39 13 75 No par No par Duquesne Light Co common $3.75 preferred .43 12% (E I) & Co— Common Preferred $4.50 series— Preferred $3.50 series Mar 27 110 13 . , st . 72%.— 51 y A 6,700 6,900 -.-.490 60 Volume Number 5647 185 The Commercial and Financial Chronicle . . . (2817) NEW YORK STOCK EXCHANGE STOCK RECORD fjty* .*'■ » 4". *»4." v> . . Range Since Jan. 1 Year 1956 , 4-W j*? i?4 Range for Previous •- LOW AND NEW YORK STOCK Highest Lowest Highest Lowest Tuesday Monday EXCHANGE June 10 Par HIGH SALE PRICES Wednesday Sales for Thursday June 12 June 11 the Week Friday June 13 June 14 4 15% Jan Shares 29 Vt July 17 20 21% Jun 10 26 Apr 30 Evans Products Co s 21% 22% 22-% 23% 22% 23% 23 23'/a 23 23 10,100 Mar 23 14% FeD 5 18 Jun 16% 16% 16% 16% X16% 17 J/4 17'% 18 18 14,900 51% Apr 16 IIIIIII3 17'% 1 Eversharp Inc Ex-Cello Corp_I—11" i 42% Apr 20% Dec 43% 44 % 43% 44 43% 43% 43 % 43% Jun 14 65 53% 54 53% 53% 9% Jun 10 12% Jan 24 20 13 . *43% 6,000 44'% F 38 V» May 1 59% Dec 7 15% Jan 3 *10% 8cp 26 53 26 10% Dec 15% Now 15% Dec 28 20 16,; 68% Sep 20 Feb 2 - 11 3 67% Jun 12 67% Jun Feb 11 62 % May 13 Oct 10 44 Va 7 14% Dec 10 43% Jan 11 23 13 % Feb 12 51% Feb 14 27 Dec 27 55 5 31% Jan Feb 41% Aug 17 35 32 Feb 19 Mar 29% Feb 1 18% Dec 4 21% Sep 10 16% Apr 5 25 Aug 14 26% Nov 29 31% May 25 29% Nov 29 43 May 1 135 May 1 Jan Jun 14 8 104 7 57 24% Jun 13 91% Jun 27 54 Jun 10 Feb 98 10 3 Feb 41 Nov 23 21% Mar 12 Jan 2 Filtrol 4 Firestone 106 10 12 % Jan 12 18 14% Jan 36% Feb 13 50% Aug 2 44% J;wa 18 Deo 12 18 35% Feb 83% Dec 10 Apr Feb 82 77 13 159 Nov 30 109 13 100 4Va% Firth 4 21 •-26% 93 6 III7% Feb 4 134 May 15 3 92 39% 3% % preferred Ford Motor Co 59% Mar 19 2 16 Feb 12 41% Apr 18 13% Nov 28 35% Feb 13 11% Jan 2 31 13% Mar 12 11% Apr 11 78 July 18 97 % Mar 20 86 24 110 % Apr 17 14 Rjb 9 16% Mar 22 15% Apr 24 16% Jan 9 Froedtert 22 Dec 11 38% Apr 23 94 Mar 29 18% Jun 10 24% Jan 8 Fruehauf Trailer 30% Oct 24 24 4 Jan 68% Jun 18% Apr 58% 58) 58 V a <• ; 6'50^ 300 12 Va • • 1" ; - I 40% io 9,000 v- 89 89 89V4 90% 55 55% 55% 56% 17'/a 16% 17% 48 49 14'% 14% 11% 11% 600 107% 108% 5,800 15% 15% ' 48'/a *14% 49»/4 14'Va 11% 11% 11 Va 106 % 107 V* 106'/a 15% 15% 15% *15% 18% 18% 18% 69' 68% 100 68% '•'69 6834 *'t 15% 15% 18% 18% : 69 ■ i 'J ; • 180 38,000 13,800 / 10,700 500 700 - - I ,18% ■*7*697 70 ; *69 r •! , 107 106 18% '18% '; 17 • 15 3/4 common—I—l ■ 107 Y* 15% 18% 220 *125 1 105% 107 4,200 93 *1254 89 14% 11% xl7 7,500 15,500 " 62 Va 132 '*89 132 2,200 / 59 59 V';61% 6214 49% 14% 11% preferred 95, V. «!;53 I.-4.40 93 14% 49% 14% 11% \4% 41J/+ : /a 12 % ^ 54% 40 J/4 61% 49'% 48% 14% 14 ■-39% ; :*89 -'•' *11 Va 49 Co 3,500 9% .,40%, ;f91/, 59% 17'% 14% 11% ~ . 48'/a 9%. 121% 55% 46% Co '48% 7 17 10 Corp 95 54% No par t 5,500 v 5o ;: :/: ' ,7 17 J/» Corp Freeport Sulphur 64,soo 96% *101% .102% 9% 55% 54% Sugar Co Franklin Stores Corp Francisco 61% ; ■ 17% Foster-Wheeler 60'% 128 ' 89 89% 55% 3 6,700 96 41 58J/4 /■ 62 127 128 *89 17% 3 140 104 ' 58% 40 Va J/a 61 61% 126% 89 19; 100" 31V4 ,10;800 V •12% 58% 93 *89 93 60% a 40'/4 40% 40 128 1,600 5,000 / 27% 24'/a - , • 54% 12% Jaa Jan 58 Va 5 52% May 21 :80 •12% 58 J/4 IIIII2 A—_ _ . *12-% *89 89 5,400 1 53% ,7.- 50 9% 40% *91 7 95 - 12% 93 *118 *91 58 J/4 • 60 59 100 Foremost Dairies Inc—. 29 17 y4 May 10 . 10% 41% 58 40 •{ a *88% Co__No par 9% 40% 53 Va 1 Light 9% ' 58% &; i - -'■*12% 57% May 14 3 ••'*91 12% I'ood Fair Stores Inc common Apr 25 84% Jan 111 6 95 V 48% 50 J/4 40% / '■95 ; 9% :'••■•' 40 $4.20 div cum pfd ser of '51— 15 Food Machinery & Cheni Corp.—10 3 % % convertible preferred—100 65% May 15 5 *91 - 61 /'/; '7/15,500 Va — 40 39 % 4 19V4 27% 53 Va 7 98 .96 *101% 102'/a 101 Va 50 50 35%. ' 24'% ; 24% / 100 y 3,100 11,100 2,000 33 103'% . 54'% .59'% 98 101% 102 J% ' 105 53% , 1 20,100 , 24% - 30 J/a X24% 60% 97 V* 9% 9% . 58%. 3 43% Jan 5 Co Power 12 <58% 98 J/4 = 49% 12% Florida 11 255/ii *101% 56 % 13 11 <25% 49% „5 common *103'/a 5.4-'% 53 25.% ' Corp 59% Jun Feb 1 ' < 101 J/a 49% v. 103 103 103 'SO5/# '_61% • 97% 101% , No par No par 1 54% Jan 79% Oct '26 ?. 53% 98 100 (The) Power Jan 59% 96% 1. Carpet Co_ Co Florida 88 July Mar (The) 8 53 54 < 6.25 " ' $4 preferred Florence Stove 10 59% May 25% preferred 63% Mar 12 11% Dec 30% '•19V4 •v 33 25% 53% 25% a_ 21 % Jan 51% May 28 16% Dec 27 8% Feb 30 J/4. 19% 34 J 52% 52% Tire &, Rubber com Flintkote 9 July Feb Feb 94 Corp 103 5 First National Stores 41% May 22 11% Mar 5 49% Feb 19 62 8 Feb 51% Jan 23 54% Aug 14 51 27% 30 26 28% —lo 36. / 28V4 26: v ;■ 27% 105 *103 100 Fifth Avenue Coach Lines Inc 66 ' 16 102 V* Mar preferred conv Fidelity Phenix Fire Ins NY 91 y4 Feb 105% Mar 14 41 1"' 7; 24%,- ' 29% 9 9% Jun 7, cum 27 % > 28% 2 May 34% Feb 12% Feb 27 3 4% 27% 23% , , ' 29'% 33 -.a-v. 5:25% 25% j. __ 99% Jun , 101 % May 14 Mar 12 47 16 Jan i 33% Nov 29 92 Dec 27 12 .25% y.10 : IS 61.' / */ 27% *19% 34% 200 3,700 41: 29% 15% 33% , : 7 40% 7 28 36 J/4 19% 33% 2,800 . / V; '7,000 7 ;i5% '.'• ■♦57 23Va 36 ri 35%. 19%/* 7: 19'%, 7 32% 33% 26'%- ; 7 26% 28 '/; ...27%. * 19 .33% 16 Va 61 r 4 -23% l' 36 - 2,200 : 59% 5% 5% ";t 407a/ 41 % / . ■ 2,300 16 »/a 24% 70; 5% 15% *58 41 v4 23% / ' I6V0 '36 >'n *S 36*,8 36 ,*19% com"Nopar 29% Jan 83% Mar 18 Deo 26 61 Feb 98 106% Jan Deo 21 41% Feb 23% 18,700 lOVa" 11%' 58% V , ■ 5V8 ' 3,300 53% . 9% • ; *66 70 58%. 59 V»' •60 60 22 V4 -35%. 25 . Corp aA Fibreboard Paper Prod 14 47% Jan 10% Jan _^5 2.50 67% -6 15% 7" 53 7 16'/a / 16% 16'/a 24%. 24%Y '.,724%. ■59% . '41 41Va i 22% /•; -22 . 59 •60 12 16% 67%- 15% 15% .60 l-'.r:. ••/•• *56 10'/a 24% •'•5% 5% 53 3a *11% ' 16% 59% 5% . %2 24% -41 >vh; r,40% 40% r Stores— Dept Ferro 32 Max 26 61 101% Nov 14 , 31% Jan 10 30% Feb 23 47 Co Fenestra Inc 12 25T% Feb 1 Nov 19 26% May 68 Federated 2 27% Apr 26 26% Apr 29 39% Mar 23 4#% Nov 29 .53 11 Electric ' <■?"„* .15 14% *55.. Federal Paper Board Co com 4.60% cumulative preferred &■£ 'JLY-'i. <•'• 53% :-9% . 9% , 72 59 vifd'% .59 1 common *66 .72 m 157; ".c* 5%; conv pfd 1953 series ._50 Mogul Bower Bearings™5 5%% Federal Federal Pacific 34% Jun 16% 24% ,..*66 .. 9% 11% ' 1 Oct Fedders-Quigan Corp 16% 53% 53% 11 % .t.iV* 24% „. n ■ 25% Apr 3a 27% Jan 21 100 23 11% ; 9% 934 11% ■11% 1634 /v. 1/16% 2434 i 25% •;// ,r.: 9% 9% „ 5,' Corp. Corp 36% May 14 20 V4 Jan 31 11 37% Mar 14 Feb Metallurgical Far wick . 30% Dec 26 1 Fansteel 14 <61% May 13 41% Jun 12 14 18% Mar 12 18 36% May 7 24% Dec 13% Peli 23 12 7% Jan 5% Apr No par Brewing Corp IIIIIII_l Family Finance Corp common 1 5% preferred series B 50 16% Jun 25% Jun 17 Co Falstaff 15% Feb 26 7% Jun & 11 7 75 V« Mar Morse Fairchild Engine & Airplane Corp-1 Fa jar do Sugar Co_— _2o' 22% Jan 22 53% Dec : Fairbanks Jan V16 11 % May 15 17 Jan 6 25% Mar 5% Dec 17 .. 15 Apr 12 21% Oct 31 . 18% 70 ; 24,700 190 - . . > / /<£:•" 9% Jan 6% Dec 14 6% Feb 3 8 11% July 19 41% Dec C6 49% July 20 -.42% Feb 25% Feb 32% July 31 9- 31*■ Jan 14% Deo 33% Jan 32 July 16 16% AUg 13 12 4 ; 19 '•.60% Oct Dec Jan 2 General 6 5 6% convertible preferred——So General American Investors comm.!' 13 Jun May 20 30% Jun 12 Oct 119 88 May 16 Feb 15 Dec 11 Apr 30 22% Feb 27 26% Jan 34% Feb 6 11 Mar 35 25 43 6 13 3 12% Jun 5 10% May Apr 24 , : 14 4 Vo v May 20 14% Jan 22 54% Jan 21 68% Apr 12 General 52% Jan 23 65 % Aug 2 52% Feb 5 70% Jun 12 General Electric 17 Jun 11 19 43 Oct 1 6% Dec 50% July 23 6% Feb 10 % Mar 20 31 73% Dec Dec 31 124% Feb 85 Dec 27 Feb 1 37% Apr 4 Jan 30 24 4 9 60 Jan 21 36% Feb 25 44% May % Jun 6 24 35% Aug 24 29% Jun 4% Feb 12 May 25 19 34 Dec 28 9 18% Dec 7 34% Jan 4 53% Dec 32% Oct 27 2 Mar 39 % May 22 24% Feb 6 12 39% Feb 12 10 21% Jun 6 2 Jan 23 46 13 34% Oct 22 47 % Nov 29 66% Apr 5 102 Nov 27 2 19/64 May 20 30% Mar 7 93% May 7 Jan 23 107 Apr 23 7 177 May 100 7 2 86% Sep » 78 12 25% Nov 27 37 % Sep 45% Dec 13 52% Sep 9% Jan 2 90 Apr 3 95% Apr 25 25% Jan 21 18 8% Oct 31 Jan 90 75% Nov 28 12 12 -.45% Jan 24 25% Apr 26 ' 40% Jan 3 8 31% Nov Dec 6 97% Mar 21 90 Mar 14 Oct 66 7 8% Feb 5 10 46% Mar 26 22 27% Jun Jan 2 •f * 90 91 14 1% Deo 27 3 29% May 28 34 Feb 9 60% Dec Nov 19 45 Jan 3 77 Dec 31 99 Feb 152,700 170 5% 18,300 ' 25% Feb 14 7% May 18 41% Aug 10 Nov 29 108% July 17 5% Nov 29 38% Oct 2 46% Apr 19 V4 Oct 2 23% Mar 130% Dec 31 149% Jan 3 1 11 40% Feb 25 Feb 11 <?128% * Jun 7 33% Mar 12 70% Apr 26% Jan 18 25% Nov 20 18% Dec 27 21% Oct 30 .18% Feb 8 14% Feb 17% May 10 14% Jan 2 96 80 4 70% May 25 9 79% Dec 27 For footnotes 79% Jan see Jan page 10 3 Jun 2 8 14 45% May 15 ' 20 18 21% Jan 11 Jan 78 Jan 30% Apr 1 21% May 11 17% 17% 47 47 45% 4714 4,900 25 J/4 25 251a 25 25 Yb 2 5'/a 25% 4,500 33 33 % 33% 33 33 33% 33% 43% 421a 43- 42% 43'/a 43 43 % ; 18 ■ 1,500 - • 32 1,700 34,700 81,700 • X22'% 22% 22% 22% 87'% 85 86') 4 34,500; 2.50 85% 100 100 $5 preferred I —100 5%% cumulative preferred 100 Georgia-Pacific Corp.— 1 ♦101 107 *100 153 153 xl • 3,400 86% 4%% preferred conv preferred- 4%% Co Products Gerber ^ preferred Gillette (The) Co'__ Co L) - 56% - - 35 Va 3614 33)4 36 33 Va 34 ' 5 4 J—1 — No par 5 5 12.50 5 100 _1 36 4% 4% 35% 35% 4% 4% 4'% 4 163 % 163 ♦159 1 470 4,000 > 149; 500 814 200 40% 40% 14,000 12,400 27'% ■ 27% 27% 90 90 90 35% 90 35 36 300 47,600 35 3514 6,200 4 Va 6,200 4'% 4% 163 *159 4)4 *159 163 300 ■ 163 *159 76 78% 77'% 79 78% 79% 79fc~' 13,800 76 78'%- 74 85% 86'% 8614 87% 86'% 87 1/4 11,900 3614 36% 36% 36% 3714 37'4 2,000 54% 55 % 55 55'% 55 Va 56 Va 13,500 1% 1% 1% 1% 1% 8,900 82' h 84 83 Va 85 J/4 34 % 35 Va 35 36 53 54% 53% 55 "4 1% 1% 1% ' 1% 1% ^ 5,400 8% 8% 8% 85a 8'% 8% 8% 9 «/4 29% 30% 3014 30% 30% 31 Va 31% 8,500 30 31'% 29% 47% 48 % 47 la 48% 47% 47% 481/2 19,400 47% 48® it 46 33% 34 33% 33% 3,500 ?3 33 33 % 33 33% 32% *78 80 80 80 80 8%. 8% *78 6% 6% 34 33% 33% 80 6% 34 *78 61 a *29 6'4 29'a 6 Va 6% 34% 34 *78'% 6Va 34 40 81 4,700 6 J/4 700 34 2,200 *126% 74% 75 76% 77% 42% 43 4314 43% 43 43% 13,800 43 Va 21 21 Yb 21 21 Va 3,000 130 73 73 21% •128% *72 21% 130 74 % 21 Va 21 V4 129% 129% *72 74% 128 Va 128'% 128'% 73 73 *72 - 27% 27% 27% 27% 27 V* 27% *2714 27% 27% 20% 74 73% 78 72% 42% 21% 21% 100 *81 . % 72% % No par 16 6 42% 72 - 91% 35 >4 41% ' 8'/4 8'% 40% 26% 27% 26% *90 91 Va *90 *8'% ' - *159 42 Inc 56% 27 91% 35% 25 Co 56% 26% , 4 26% preferred Bay & Western RR (H 56% 41 »4 Ore Prop—No par Green 56% 40% Ry Co——No par Greenfield Tap & Die 55% 8% 100 4 ; 1 CorpA.No par Greyhound Corp (The) common—3 4%% preferred .100 Green 56 41'/a Stores. 1 55 *814 Great Western Sugar com 7 c/o 36 »/4 40% Steel Northern 35% 8% Great Northern Paper Co-Great 36% 36% preferred Gt Northern Iron 34% *8 V» Motors Grayson-Robinson 3514 35% (W T) Co common 3%% 34'% 8% Batteries Inc & (W R) 34% 36% 26 • • 33% 55% *90 - • 94'%^ *93 »£ • *93 95 *93'% *8'.'a 5 88 '/4 95 33% ; 770 163 93»% 55 % 41 88'/4 95 4 40 Va 107 161'% 88 87 89 10 ——1 , * 100 164% 162'% 87'% -10 j, (The). Co 165 i 107 *100 107 •162 89% 93 % —No par $4.50 preferred *100 155 % 34 % Gimbel Brothers common™ Glidden 107 55'% 93% — 4% 4 •88 89% 89 - 32% Getty Oil Co common new- 4 16% Apr 30 89 Feb 13 *17% 48% 31% 2314 22 138 31% 17% 47% 31% 82 3 Grant Jan 32 32% 17% 48'% 223i Granite City 6% Apr 31% 13,700 5,000 39 82% 6 85 32'A 38% 22% 2 35 % May 5'/a 39 J/4 81 15 7 5 39 ,* 39 Va 38:,<4 21% 36% Feb 12 - 22 '/a 86% Apr Feb '/a 30% ' 81% io 59% Jan 69% Jun 5 4% 5 39% '% *2914 i'\ 30% 78 3 / 29% V-c 29't ■'•■• 7 rl3/64 issued" Corp Granby Corisol M S & P i Grand Union Co (The)— 5% Mar 12 '•; 1,800- 18 ' 42% 43% 42% 10 Graham-Paige 10 31% 25% 9 Jun 32 x32% 8 Jun 38% 33% 14 77 39 % 25 % 13% Jan Vb Apr 4% 5 4% 38% 31 % 33% 31% Jun '• 14,900 J% 30% •iV 25% Time 31% Mar 13 17 - 41% 105 30% 1 46 18 34 79 4114 •29^ % *29% % % Z. 30% *29% 1 8% May 17 25% Feb 11 2 2,700 41% Grace 2 104% ,;41% Gould-National 1% Jan 104 J/4 41% 2 > 135,000 105'/a 40% 14 9 43'% 41 57 Vb Jan 14 43'/a 40 37% Jun 2% Feb 430 43% 40% 7 20% Mar 16 4 103 103 4314 43 % 38% 48% Mar 12 36% Aug 5,300 5,700 2,000 .31% Feb - 61% 61% 7,200 5,200 Goodyear Tire & Rubber—— 13 :*■ 461% 7'/a. - 6414 13 60% Sep 16 ; 38 87% Jun 44% Jan 7- .. 105% 105 107 42% , 61% 61'/a G2% 61 106 451% 7 J/4 600 19 *18% 4614 % 7 :*! 83% 12 70% 717 38 Feb "• 46% - 7% 63 3'4 13 . 45 83% 21 18 45% 19 *183'i 64% Jan 27 69% , 19 38 79% Jun Apr 70:!« 84 6 Dec 55,900 ■ ;• 641% 4 36 70% ; 70 38 2 4% Apr 26 48,100 6914 83)4 3% Jan 160 60% 65 66% Feb 14 300 59% 21% General Mar 18 37% Jan vfc 10%.: 60 7 a 64% J.59% Apr 28 12 «/4 11'% 10% 64 23 Feb y.T-ar 62% 25 34% .r 200 710 .2,100 L / 124 J/4 toO 12-Va -411a- %g 12% t 70 : . 4014 125'%-;:. .y724 7 12 ■ 4,100 v . 85 64 Nov 84 10% Dec 39% May 29 46". 7 45% . 62% 5% Jan 23 Jan 8 62% May J .;,*83'%, }•!].». *39'% ■ 104 J/4 89% Mar 23 163 1 9 28% Nov 30 60 13 45% 85 7 6,600 83% 10 Goebel Brewing Co„—; 1 Gold <fe Stock Telegraph Co__—100 Goodrich Co (B Fi 10 41% Mar 34% Sep 28 3 Sep 14 159 Mar 20 36% Jun 40% Jun 23% Jan 54 % Aug 23 23 % Jun 8 .Jun ,110 2,500 • 23% 59% *18% 7 % 129%i J/4 23 11 69 7 a 7 9% j .129% 60% . 60 % . 4,100 38 —. "when 7 60 15,500 85'%. 91». ■ ♦39.'/*;■ 40% 125 • 105'a Castings Corp General Telephone Corp Rights 45'% *83'%. 100 ' 5,000 98'%;. 44% 851% 1301% 233a 11,100 > 36% ,43 9% 9%. 23 Va 5'/4. 83 % 10c General Tire & Rubber coin 7 55% Jan 16 May 17 96 45% May I 11 > 86 J/4: *128% 12% *1217 / 46 J/4 7 64 /..': 36 Vs 85% 100 1,500 .,r 37% 45 % Corp 23% <;.•• 44'4 v • 98'% . 9% 514 -*55. 36 Va . .15- -.• 4,000 7 •»-. 33'% t 83% 10 Shoe General Steel 85^ 64: . t ■ 5Va v36% 98 : .• I5 i *55 : •32% ; 15 3.200 •144'%' "6%. • 37 18 General 8 861/4 23% 106 % 47% 27% Mar 19 ' I,14.% /;,/ 5 . 47% :>? 83% 17% & Utilities Refractories i 37% Jan 99% - 43 34 /: 7.-" 331% .700 37 105 47 General 45 6% *32% / 46 -45% .83%,: •83% ;7.39%- 39% 126% 7/126 42% 17%. 10 3,400 84 5 6.67 Corp Signal Railway 42%:.',; 37 Nopar 10c ServiceUtilities 42 83% 15 General Realty 8 108% Jaa 5 Oct 121% Apr 90 General 50% Jan 13/64 Jun Apr Mar 20 23 8 32% Feb 29% Dec 38 Public 13 Feb preferred conv Public 18% Jan 42 19 $1.60 General General v 37 Nopar Advertising (Expire Jun 24) 13 16% Mar 18 29% July 18 36 Nov 7 24% Nov 29 5% Jun 34% Mar 12 38% Mar 28 Nov 14% Feb 29 Rights 5 34% .nay 17 12 5% Aug 20 Jjj Jun 1,200. 42'% >. 2,800 - l General Precision Equipt Corp- 75% July 17 29%:;; v, i: 9V«- I: ■% 1 General Portland Cement Co— 53% Feb i-i ; - 107 41% 106% series $3.75 Outdoor General 29'% , %, Q3« 63 »/4 62 J/4 106% Jan 10 34 preferred— Preferred 1 .. 107 41% 43 ••45 x12817 129% 47 7 '/a 9-% 42% 29% 36% •c 19 *18% 63 4i3a 12 70% 69% H 107 ,1% eom Apr 91% Feb , 46 %', -Nopar Corp 40 23 17 $5 Motors 2 50% Feb Nov 28 General 61 % 60% 69,/; -5- 46 107 100 ,12i4 I2V1 ■. -1-11%,:,. 11% 18% 7 40 % 125% 125 J/4 69% 7 , 67% 45 ... No par common—. 12 34% Oct 4% Dec Mills preferred-. 60 Va; 46% 85 •391a." .11%-' 18% 5 13 68 31 5% May 10 115% Jan 58%; Co 83% Jun 3 1 — 104% Jun 101 % Mar 15 31 Corp *11% it -:t 23 Va , •"*841? 12%. •12% 2 _10 *33% Jan 16 110 General Jan 44 38% Feb 25 49% Mar 20 40% May 28 11 69 115 103 1 Dynamics 23% V X45% " 128.. (Delaware) _1 General Foods*Corp Nopar General Instrument Corp .—I 11 Jun 8y8 Jan 12 59% Mar 19 Jun 14 18 122% Mar 47 -.*125% General Finance Corp 19% May 15 15% Feb 27 40 Feb 12 .85^ _ioo 13 .; • 63 46 ' r 131 5 Va 36%'" ;V *98 v •v 86% -.87% :9% ■, 9% 131 39% series preferred—t— 69% Dec Apr 26 23% ■„ 24 46% 45% 39% General Contract Corp common S'/o •-.:' • com—No par Co Inc : , 7 99.'% 45% .44% 132 *84 14% ?5G v 36 •/ X08% ■ i Vv :42 V* r 7% 33% . .*32% t. 63 7 *56 x35'/» : 9% '•9%./ 132 .7 14% :• / 14% 5 7 *•. 5'/a •.■//:■ 4%v 86% 85%: - • 100 !:.-o 7Vo preferred <12% Jan 22 9 .99%, •45% % 5 29.'-' ■' 4514 45% :* ":7y a. 14% 36%.': 42 Transportation—2.50 Cigar 43 21.700 :1 : 9% 43% 9 l/a , • 7Va 33 3 *33 . : , ."58 " *99'/b -5 1st preferred General 132 1 123% May : Jan Mar '• 45. ( 7 45% 4% la 5 General Cable Corp com—™Nopnr 5 86 81% May 20 Amer 15 58 —100 Co of Texas 45 ,j. ■ , 32% -.-•*36;.: Buklng Co common as preferred—-j, —.a—No par 1 May 9 61 108% Dec 11 1 General Bronze Corp 46% May 24 ' - $8 i. 45% Oct « — General 13% Jan . 7 Amcr Oil General 10 135 com preferred—— General 17 - 17% Jan 138 6 13% Dec 27 f'; $4.50 23 10 9 41% Nov 23 Oct 12 Jan Jan 72 •97% Feb 13 *40 25 J 128 % Jan 26 80% Dec 13 Jan 47% Jun 101 ? ; Indus ■ 14'a , Jun 98 24% Jan 23 —l S7% Jun American 7 32% 50 Corp—^ 59 5 34% Mar 13 22% Deo 28v convertible preferred- General Acceptance 43 7 93; 91% 9% ":*9% 43% •* 29% ■ 2 10% Aug 30 142 17' 4%% . 79% / '43 J/4 29 433/« 43 45% 6% * 9 Dec~31 73% l May 22* 9 125 15 43 : 29/7-29%' 42% ;• 70 Va , 9% ♦43-rV- 43'% . 44% 9 ; , 9 % '*•• ,'9% 29%" 42:,b* ___g Garrett Corp (The) a„™„r Wood Industries Inc com—_^1 Jan - 1 37 106% Mar Co__ 43 r; 28% Gar- 15% Feb 19 6% Jan : 43 Nopar 26% Jan 51 51 30% Nov Jan 3. 99% Sep- 24 5o (The)— J Gardner-Denver 2 14 36% Jan . Co 0 9V# 9 o -:-.9% "9% I—2 Jan 8% Jan 3 5% j. 8%: : (The); Inc common convertible preferred Game well 45% May 22 14y4 Jan 30 4% Apr 4 6% July 5 Dec 31 • 27 ':a5% Gamblc-skogmo 54 14 May Gabriel Co 10 Apr 11 8 36% Jan 6% May 28 39 9 •3%Jan. . 44% Jun . 13 45- 11 Apr 29 36% Feb 12 6 13 9% July 17 4 Jan ■6 Dec 54% Dec 43 30-% Sep 28 Jan 23 38 28 • 12 9% Jun 9% Jun ••' 9% Jun 10% Apr 4 20% X20% 20)4 20 % 1914 20% 20 20% 16% 1614 1614 16 16 16 16% 83 *81 83 15% *81%: 83 - *81% 83 *81'% 40 129% 79 1,451 27% 4,000 19% 16'/a - 2,100 15,600 81% 28. _ - 21 The Commercial and Financial Chronicle 22 . . Monday, June . (2818) 17 1957 NEW YORK STOCK EXCHANGE STOCK RECORD Lowest Highest Highest 24 % Jun 357/a Jan 13 8 27 Vb Jun 10 Jan 2 34% Jan 14 Grumman Aircraft 98 27 83 '/a Dec 17 Dec 90 Sep 19 39% Dec 17 100 May 13 Gulf Oil States 2 90 Jun 14 96 Jan 29 39% Feb 13 41% Feb 21 Hackensack 89% Jan Halliburton Oil Well Cementing Hall (W F) Printing Co. 71% May 27 20 107 % 9.7 146 15 Feb 48% Dec 20 24 J"n 17 2 28% Jan 11 111% Jan 10 31% May 5 - Jan 2 $4.20 dividend preferred.- <4.44 dividend preferred-. - Hamilton 4% Water Watch Hammermlll 14 Harbison-Walk Refrac 15 138 14 '48% May 17 Jun 0% 29% 38% July 31 33% Feb 35% Apr May~28~ 24% May 1 39 Mar 29 8 39 Aug 18% Jkn 23 37 Mar 12 13% May 28 17% Nov 13 Dec 47 Dec Jan 9 101 Jan 5 preferred Oct 34 - '54 May 6 90 Mar 1 108 14 Jan 35 24 Feb 21 Jun 14 *17% Jan 10 44% May 15 115 % Jan 47% Jan 23 61 45% Dec 54 11 47% Jan 21 27 % Feb 12 50% Feb 19 40% Jun 6 34% Feb 40% Jan 4 19 41% May 23 46% Mar 14 13% Nov 29 20% Mar 19 61% Dec 80 Oct 77% Feb 3 64 Jan 3 27% Jan 23 33% Nov 13 99 2 Co 12 127/8 Mar May 16 15% Apr 17 2 78 Jan 80% Feb 25 85 Jan 22 Jan 17 45 *34% 35 %' 25% 25% lo 297a 33 42 43 *76 50 02 23% *31 % 33 : *15% 15% •: 37% 2 1/12 A—50 series *49% . 16% 1674 257a 25% *25 7a 77 *76 ■i 14 7 82 46 23% •23% 23 % 33 16% *31% 33 t *31% 16 ' 157 a 16 24% Nov 17% Feb 11 22% Jbn 10% Jun 10% Feb 32% Jan 16 40 Feb 20 74% Jun 17 11 Hires Co Jun 11 Hoffman 10 Holland 4 25 19% May 31 28% May 22 33% Feb 11 19 59 15 Nov Hotels 20% Jun 1 13 23 Hilton 7 *11% Jan 12 9 % Apr 25% Sep 18% Oct 22 29 % Oct 7 14% Apr 12 12% Dec 12 31 9% Dec 26 6% Apr 12 9% Feb 25 12% Jan 25 9% Nov 27 18% Dec 19% Feb 7 31 Feb » 28,500 597 b 800 *49 7a 51 49 497b 300 397b 40 3974 40 36 36% 36 40% Jan 10 71% Jan 4 39% Jan 5 Feb 16 35% Jan 30 52% July 17 32% Apr 22 10 Hooker 89 26 103% Mar 16 85 Jun 14 Feb 8 $4.25 31 5 V Jun 13 6% Jan 4 Hotel 25% Feb 26 28% Jan 10 5% Dec 4 % Nov 8 % Jan 23 29% Mar 21% Jan 23 2 Mar 25 12% Feb 10 18% July 11 16% Jan 35 % Dec 26 40 6 3 36 Jan 22 25 Jan >97 3 Aug 28% Jan 24% Sep 25 3 75 Dec 11 6 73 Jun Dec 26 102% Jan 10 84 Jun 4 90 Dec 26 105' 28 88 Jan 7 41'A Jan 12 96 Feb 3 57% Aug 17 18% Jan 3 26% Mar 19 12 % Feb 15% Nov 29 '1% Nov 20 5% Nov 30 Jan 3 * 23 1% Feb 13 367b 2,500 1574 147b 157b 13,100 6474 64% 110 *82'% 83% 82 7b 82% 82 Va 83 217a 21% 21% 21% 2174 217b 2174" 10% •*10% 10% *1074 103a 10% 107a 200 24 % 24 7 a 243a 25 24% 247a 14,100 9% 9% 9 74 974 3,800 5% Feb 11 Jun 15% Dec 21 23 July 17 3 91 Jun 18 77 4% Dec 13 7% Jan 13 41 % 13 3 Jun 25 3 23% Jan 21 16% Jun 10 July 24% Sep 27% Feb 10 35% May 3 29% Jan 1 72% May 4 51% Jun 34% 34 3474 3374 347b 89 85 85 88 26 % 26% *26% X217a 22 % 217a , 28 3 4 "V *37% 28% i*83% >84% 91% 91% ' 59% 593 i - 13. r 13 l 10% 10% 103n $Hudson & Manhattan com 100 5%- noncumulative preferrdd__100 *3% 3 % *3 Vi 10 % V: 33a *9% 10-% 7. par .1 •" Indust Inc coin & preferred series A. 66 % A Jan Hussmann May 31 5%' pfd series A conv 1 5 Idaho Power Co 67 . 14% 14% 79% 14% V,- <77 5% 53a "5% 34%* 50 Refrigerator Co.. 67 38 > , .4 38 m 53% 59 7a 58% 13 7b 137b 13 74 13% 10 74 10% 107a 1074 3% *3% 374 *3% -3% ;.io% *9% 107b *974 1 07b 68 % 67 3 4 72% 72 73 15 15 S><| 31 .? 51 Jan~19 38 13 : Nov 9 53 Apr 5 43% May 27 ; 50% Dec 11 55 Jan 9 45 Jun 14 44 Dec 27 54% Apr 3 45% Jan 4 44 Dec 12 53 Feb 10 45 1 26% Jun 20 30 Nov 13 27% Jan 23 44 Jun 4.08% cumulative preferred 4.26% cumulative preferred 50 50 *41 42 *41% 43% 4.70% cumulative preferred 50 *47 48- Feb 1 4.42% cumulative preferred 50 *45 1 4.20% cumulative preferred 50 *44 % 8 47% Apr ' 2 > 52 : Feb 11 48 Jan 15 46% Apr 23 > 31% Jun 4 Indianapolis Power & Light—No Industria 7% Apr 19 33% Dec 11 59 Feb Dec 29% Jun 85% July 20 31 76% Jun 7% Jun 9 50% Mar 13 13 151 11% May 73 Feb 25 148 Jan1 16 165 8 Feb 100% Dec 6 13 79 Feb 5 9% Apr 5 39% Jan 14 5 88% Jan 156 12 52% Dec 20 69% Mar 20 20 24% Mar 13 61% Jan 6 40% Jun 7 85 20 47% Jan 23 83% Dec 13 103 27% May 23 Feb 35% Dec 31 41% July 25 174 Feb 28 11 >62 Jan 2 May 23 92 Jan S A 27% Mar 25 35% Jan 345 3 May 14 . 10 May 22 33% Jun 14 .38% Jan 11 139% Jun 14 156% Jan A 777b 5% 5Va '57b 34% 347-3 34% *3474 17 r 17 17 •16%, '17 10 *7% 100 pesos preferred... Inland par Steel 54% 517b 31 Va 307a 30% 40 Co 30 29% 84% 1 100 84% No par 20 5 : 43 .1 common 100 Jnterlake Iron Corp i 1 Business Machines—^_No par Rights (expire June 10) - 87 87 28% , 290 i 42 3 28%. 87 X27% f 142 142% 140 Ya 33% 31% May 15 10 *71 Canada..___>_No par International Packers Limited 15 110 3 76 May 2 115% Apr 23 11% Feb 20 100 12 9% 97 a 9% 9% 94% Mar 26 107% Jan 11 International 102 % 103 7 a 103% 1037a 91 ; 14% Mar 13 9% Jan' 98% Nov 29 144% May 7 106% Mar 13 89% Jun 87 % Dec 15% Feb 12 7 85 Sep 13 21% Apr 104% Apr 94 Feb 15 144 38 Dec 13 19 17% Jan 19 86 Feb Aug 3 112% Jan 44% Feb 20 38% Jan 98 6 2 13 2 2 Feb 23% Mav - 40% May 23 >51% Apr 23 International Salt., No par- 14% Feb 19 Interstate Power 19% Jan 2 32 Apr 2 Jan 28 No pav : Intertype Corp.™ 32 * 2 56% Nov 130, Feb 19 43% Feb 12 120% Dec 17 7 122 May a .28% Mar 29 54% Jun 130 Jan 13 22 International Silver common. International 19 10% Mar 19 13 29% Oct 1 8*% Aug 31,44% Oct 15 83 Dec 27 48% Apr Island $6 : Creek Coal preferred .43% Jim H 24 Jersey Cent Pwr & Lt 4% 55 47% Jan 28 Mar 14 102% Feb 6 83 5 43% Feb 11 69 12 2 58% Apr 1 85 Mar 21 8 62% Nov 94% Nov 30 105% Feb 3 For footnotes 72 see Dec page 15 May 17 Feb 45% Mar 12 . I-T-B- Circuit Breaker Jacobs (F L) • May 23 89% Feb 23 52% May 13 82 % Apr 3 61% Jan 2 27 92% Jun 14 99 Jan 2 26 61 11 76% Jan 17 28. Feb u - 1 200 v.. 1» 1 Tea Co 31 30 30 32 32 300 35% 35% 36% 35% 367b 357b 36 33,300 % 6974 68 3 68 31 68 69 67 7b 68 3,000 33 33% 33% 33% 33 7 a 33 7b 33% *33% 33% 2,700 1 33 137a 13% 13% 137 b 137b 13 7 b 137a 7,000 5 273x 28,/2 27% 28 29 29% 29 7b 297b 7,000 31% 31 % 31% 317 a 31 3,200 1 1 No par lo 50c Co— 5 1 , .1 Co— Inc - *30 >' 7a •- 28% 50 % 51 ' 123 ' 43% 44 44% % <■ 317b Jones i . 5% &: Johnson—. _> 67 b 638 >28% 28 % 5274 527b 547b 44 45% 445b 22% 23 tl 43 7b 427 a 43% pfd—100 79 79 78 78 7 b 54'.'a 547 s 65 55 il .2 122 *120 122 53 % " Manufacturing Co 8,100 122 44% 41 100 r84 84 « - • 20 6,900 ■ 4 5% 5^'s 6 18,700 57b 23% 23% 23% 22 7b 23 7 b 3,300 427b '4234 41 % 4212 8,800 a 79' 55 * 55 83 79 ' 80% 210 55 55% 1,200 83 •81 - *78 55 79 55 *78 *81 83 *81 23 42 3 ' " 6% • *81 83 10 _5 ^ 487b 497a 487b 493 4 49 497 b 49% 507b 497b 517 b 11,100 12% 80% 81 81 81 80% 80% 80 3 817b 81 817 b 1,900 10 53 553b 54% 56% 56% 57 573b 54,600 100 93 93 7a 93 93 93 93% •' + A - - 4 577 b 56% 92% ' 57 . 1 7174 74% 7474 755b 74% 753a>. "%-C 7A7b"'7.47« 92 7 b 927b- 937b - Joy 2,000 54»b - *120- 447 a 7b -28Va 43 3 6^8' 23 41 & Laughlin Steel com preferred series A 6 22% common. 31 28 Va 28% 122 45%" .5 Co 317a '317b 513a 28 7b 50% *120 13% 29 31 28 28% 49% 123 13% 28 13% 28 *120 4 t 1 I 3%% prefferred ,„_1 Johns-Manville Corp Johnson 1 .1 . Jewel a 68 337 ' 56 ' 1 5,500 810 1167b 116% 35 _i Jaeger Machine Co Jefferson Lake Sulphur Jan • ' 257b 100 31 j. 9 91 117% *117 117 117 118 ♦1167a 98 7b 2 common 11 11 119 24% 98 71% Iowa Power & Light Go___— 6% Jun Jun •116% ' 35% ^ 28% Jan , 95% 2474 95 Vb 227a *94 7a 70 Co 3% Feb 4 21% Apr 30 28% Feb 11 78 67% Feb 42% Jun 27 22% 947a 34% Stores..— 45% May 23 94% Mar 14 43% Oct 35% Feb 15 22% 94% I 5 Corp— Iowa,-Illinois Gas & Elec Co . Nov 4 227b 91 *89% 22 943/i i 200 3.50 Utilities 40% May 16 22% Dec 32% Oct 4 ; 22% 94%- I 18,300 893b 31 7 10 *89 3 91 21 i *31 13% Jan 30% Feb 21 *89% a 1 1 6,000 89 3b 90 3 ; 17,900 1067b 104 90:,a 1 9% ; 7% preferred. .L.i ^ 2s International Telep & Teleg No par 15% Aug 27 23% July 18 24 % Jan 104 7b a 1 2,000 Dept 5 103% 103 3 100 .- I j » 2,300 Interstate 10 1037b 717b 97b 437 33% May 10 34% Jan 97a Ill 109% 9:% 39«b 12 27% Jan 112% 9"a 43 Va 30% Feb 18 1117b 93i 39% 39 % Mar 16 30 112% 4474 32% Dec 27 *70 73 111% 1 j 12,000 »70 73 ? 1,300 307b . 397b 2 Nov 337b 30 43 7b o 18% Dec 33% 20 VB 397b 12 30 v 33% 29% 30% 73 73 110%- 112% 530 140 337a V I i 39% Jun 23 Ve Dec 33 % Jan *70 29% x28% *, 29 7b 111% 30,800 347b 13974 141 140 » 43% 29% Feb 9 29% 74 5 337b - 1 146,400 — 34% 34 7b ' • 60,100 3287b ' 324 39% 49 % Jan Feb ' 43% 30 13 3247b 140- 39% 6 28 287b 3217b 1 3,600 437b 5 6, 29%. 324% 1 1 5,700 433'a 16 20 29 x39Va 58 Feb 87 29 40 37% Apr Jun 87 29 7a 44 38% Jan . 88% 397 ii 34% Apr 20 29% Jan 4 38% Feb 7 35 *87 , 43 Shoe Jun 73 88% 1 ' V 8,300 23% 417b 25 International 43 >37% May 13 417b ' Int'l Rys of Cent Amer com.—No par 5% preferred.., : 1 100 70% Mar 13 July 41% ' 43% Nov 29 10 28% .5 of Paper common...7.50 $4 preferred l—: :_No par 8 9 103% May 9 124 % Jan 14 A ^ ... 41 33% 69% Jan preferred 47% *23 *333,« .98% Feb Minerals & Chemical coni 47 237b 33% 8 4% 7b 467b 141% 3 i 8,700 87% 7b 46 142 % , ! 4,100 550 *23 % 140% 35% 88:' Jan 1 87 ( 5,500 155 23% 41 % 347a *33 % 83% *150 . 88 87 88% 47% A 319 112% Aug Int'l Nickel 1507b 1507b 34% x34% 900 297a 83 ' — — 35% 33% 85 ;84 8% 35 - 2974 293b ' „ , 155 28% 28% . 316 310 309% r7% 100 Int'l Hydro-Electric Sys class A—25 Int'l 297b 29% 7% 41 4 12 : 1,400 77 b 77b *87 42 413.» 14 23 31 ~40 43 45 *7 7 b 87 Jan Nov 21 46 307b 85% *23% 4 86% 41% - 23 3 *23% 25% Feb Jan 47% '447b 45%-- 45' -'a 44 % ■» 29 • '44 46 31 77b *150 88% 86% 86% 44% 23% ;_No par . . 155 =■150 *23% Int'l common 150 150 11 - 477b • 31 29% 32% Mar 12 9% Nov 26 47 85 8534 33 % Apr 78 *44 7b *44 7b 77b 25% Jun 22 69 42 7b *44 297 a 85% > preferred—i 5,100 39 '41 31 75/tt 29% • 7% 7% 28% Sep 21 . *38L " i Int'l' Harvester 8 84% Insuranshares Ctfs Inc.: 4%% 39 74 427b . % 46-; 31 20,100 150 38 47 *45 v ... *41 43 A 30'% 31 3,300 8,300 537b A 307 a 47% 47%' 46 ..1 Inspiration Cons Copper Corp preferred. 40 53»/a 31% >44 '/a *45 , - " 397b 40 : "7 547 b 45%- , No par A a—; Interchemical 48 *44% 47% 46* 35 39, *41% 31 - 31 3974 28,300 l 1,500 40 a 43 %' *47 • 140 ; 77% 5Va *76 38% 41 *41 Vx • 8,454 787a 534 78" V 200 ; Mexico > 6% . 25 33% Jun De Industrial Rayon—. Ingersoll-Rand common.. 21 May 28 6% May 28 ; 4 55% Jan 23% May 14 5 288 33% May 28 143% Dec 6 11 99% Jan 42 Apr 30 20% Jan 4 Dec Feb 8 Electrica * 41 157b . i 5,300 h5'v 34%, ' 41% Dec 21 *15 (u 9,100 30% 31% , 15 1,400 C. 533V 54% 30% % 4,700 59 74 5974 15 C 38% • 54 : 10 110 16714 34% 4. 38% common 92 10% 07% 174- 30% Co., RR 847b *9074 3 3 ii ' . 34% ; 17 53% Central *83 74 13 '4 *77 55« 16% 35% 16% lo Illinois Illinois Power Co 24% 92 59% i < 147 a *'V < 15 9 9 76 10 % .< , —No par 63% Jan 32% May 46% Mar 28% May 28 ' *737b "59Vi !: v 79% . ' 1 . 07% 79% ,_5 100 common...... "10%" 400 3,500 76 * Hudson Bay. Min & Sin Ltd—No par 5% *9 % 92 8,000 ; 3874 29% 29 13% ■ • Vfv " 223a *37% *73-% 76 84% 13% 92% 100 „ il3,4 377b 2934 *9074 *73% *83% r"/4 400 *83 74 76' 75 j. *9034 26 V4 *29 29 84% 75 *83% 6,300 26% 227b 37 '/a 38% 40 57b 27 74 21% 22', a 38 29 x38 *26 27 21,400 5 7b 57b 5 5% * 92% 59% Hunt Foods % 26% 21% *86 89 *86 : 13% 40 14 33% - 33 3 4 i r 58% preferred Hupp Corp 4 637 a 6,100 26% 00 : Lighting & Power__No 22 • 5,400 64 5 38% May 21 35% May 23 17 57% Oct 3 6 • 2 19% Nov 29 4% May 6 11% Apr 29 16% Jan 14 85% Apr ' 8 12 4% Feb 8 '89% Apr 88 29 % 4.40% 18 377b 25 Howard Stores Corp Howe Sound Co. Jan 36 63'A >SVa 38% preferred 37% 6374 5% 28% 500 37 5% 20% 8,900 1,900 30 63 5% 3 *29 % 64% 33 V'4 50 207a 20 187/b 20 20 :30 37% 33% com 4% 29','4 29 7a 63% 32% preferred convertible 187b 197 b 29% : 1 America conv $2.25 26 18% Jan 6 13% Jun 83% Dec Corp of 18% 197b 36% 61% / 1834 18'a 19'/2 37% 62% 89 97V 29% 36% *83 '93a 110 10,100 ' 64% 5 ;_No par Houston ' 66 common * 9% 183i, 36 10 Co 25 19% 35% 12.50 r' 18,000 657a 19% *29 50 145/b 18% 29% *29 30 Corp preferred 1 < July 26 Oil Electrochem 15 • 6 99 19% 59% May 17 18 9% Jun 3% Apr Apr 19% . 109 65 Va 9% ■ Mar 13 88 11% Apr 23 * 10 27% Dec •85 17% Household Finance common__No par L 3% c/o preferred loo A 6 - 100- Apr 48% Mar 22 20 Dec 64 Mar Jun 5 preferred Houdaille-Industries Inc % May 29 39 6 83 Honolulu 22% May 27 30• 5 10 ... 39% 108 14% ' common 40 7 59% 59% 67 .837' 10% Sons.... & Corp 5% convertible preferred Homestake Mining 31% Dec 56 (A) 2,66o 157b *65% 4 67 X24 % , 33 1574 40% 143a 21% fttir 18% *317 b 157b 40 36% 36 *82% 9% 1,300 40 X39% 143 247- it 23% 700 23% 59% 49% 40',4 10% 50c Corp.. Co 1,800 50% 23% >: 110 49%, 36%s *65% 21% *10 .1 Electronics Holly Sugar 5 20% 2.50 (Charles E) Furnace Hollander 22% Jan 11 ] Corp 30 177b 39 59 14% • 600 */ 89 110 ■£;' 58% 51 1,000 *87 39% *110 ■A 58 %' 167 b *17 7b l»t%. 38 % 38% . 111%:;, 6,000 53 237« . 50 507a A 550 31% 17% 237 b 89 173a 36% :• u '51 507a *87 87 87 17 7 a 837 b % 45 n?% 67% *65% 42% >,v :3174 51 50% r. 32 17% 39%. 40 36%: 900 77 *49% 14% V 800 20 *76 58%' 38 .5 . *16 7a 51% 377a 36% 1 > Inc Heydcn Newport Chem Corp .1 3%% preferred series A._ 100 $4% cum 2nd pfd (conv) No par 3.100 *■' 57 b 77 89, *110 51 57b 16% 25% A 15% 58% .5% 16% •76 77 *31% 38% 58% 253 4 295-b; A 31% ■ No par 257b 297b 5% 5'«4 32 : 25% 26 . ; 23% 11%: *110 ——100 common 5,400 357a 257b 2974 •2 207#' 17% 23% 35 7 b 357a 357b 257 a 25% 20% 43% - . 51 20 9,800 36 42 % •87 7 11,300 •46741 *3574 43% *25% 70 '• . 16% 16% 25% 75% 120 2,900 138 A 46 36 *5%- 10 16% 25% 17 %" 40 135 46% 45% *35 74 34%., 32 > 15 % 135 *133 - 900 ; . 397 b 33 42 89 39 ■'% ' 53i . •32 , 38% 94 337b ' ♦5% 5% *92 35 ?« 25% 29" a 33 21 9474 337b 7,100 1,300 - ' 25 3 ^ 29% *5% 217b' 217-4 33% 36 35'V 25% .11 common f"*35' : 35% 35% 217b :"45%. V 45 % -i X44% 35-% 80 *92 135 •133 V 1j5 46% 35% 35% 40 7974 217 b 38 % 38% ; 50 700 *3974 80 74 33% 4 60 , 21% 2i :9434 *92 38% *133 39% 10 91 90 21% 217a ' 21% Dec 12 6,700 85 92% 21% 397 b % 80 * 21 ; 44% (G W) coirtmon.. lo 1% noncumulative preferred ...25 Hercules Motors ..No par preferred Hertz Co (The) 40% *88 80 40 ;. 79 3 oj 2 .1 1 40 .217a *34% 17% Hewitt-Robins 1 32l. *87 % (W Er & Co.. 93% 93 20% 37 100 4%% 41,400 85, *90 05 1<K> ,..25 ... common Powder 300 1477a 40 90 927b 21Ta 20% 1j5 40% 40 41% *85 80 37 *133 ; 5 — 5°!o preferred Hershey Chocolate 2,600 76 146% 148 7a •90 1 50 preferred... Hercules 30 53% Mar 20 Jan (H J) 14774 *75 92% 40% '.*92 32% 32% Helme 45% Dec 20 3 cammori—.... preferred] 3.65% 24% Jan 16 34% Mar 8 15 Fob Heinz 23% Mar 29 31% May 20 124 Co 76 - 90 29% —— — 3%.% 2934 *86 ..5 Corp of America common preferred.. Haveg Industries Inc— Ex partial liquidating dist Hayes Industries Inc. I Hecht 297a *90% 93% 79 95 35% 1 4 % c/'o 2 149% 41 • 97 * ,*21% 20% 03 1 Hat Heller 51% July 19 36% Nov 29 Dec 21' 110 Jan 20% 2.50 i Harshaw Chemical Co.—. 18% Jan 22 21% Mar 15 17 2 76 2 7 Aug 6 26% May 25 38% Jan 3 15% Dec 31 May 13 ,28% Apr 5 1,200 297is 92 • 40 % 21%' 10() 1 ... w *93 80% 21% 1 Hart Schaffner & Matte—* 16% Feb 20 20* 11 17 f' 15 86% Jan 7 bfim 14 '50; Feb ,11 73% Apr 46% Apr 23% Oct 25 6% Jan '34% Jan 21 14 14% Feb 27 3 85% Nov 15 Dec , 25 34% Mar 27 4 40 77%" 2.50 Harris-Intertype Corp Harri.s-Seybold Co— 32-% Mar 25 *40 >. 97 ne\v.7.G0 corn Harsco Corporation Mar 11 '27% Feb 23% f«b 28 89% Feb 19 17 3l >/4 Juu 9 60 76 12 3% May 28 Mar 27 5% Oct 31 32% Dec 13 26% Dec 20 39% 3 27% Mar. 16 *93% 100 Paper Co e 24% Nov 20 25 May 22 12,500 11% 90 90% 5 commoil 11 128% Jap 37 : Feb 243b 11 Va *75 76 147% 41 % *86 91 5 preferred. 15 > 90 91 25 45% Jan '40 Jun May 28 *75 247b 11% 29 3 a 29% 29% 29% 148%.. 41% 41 V« : *86 100 . Co convertible Shares 24% 1174 11 11 75% 148 148% 40-% - 100 100 $4.40 dividend preferred.. 11 May 31 33 tr 7 20% Mar 11 24 Nov~30 —No par Apr 93 % Eeb 75% ■ the WeeK " Co- .98 24 31% Feb Utilities 7G 144 7 Jan 130 25 Corp 29% 2y% 76 14 Jan Nov 26 No par preferred Common: ' *29% . FridaY Juneii 247b 11 % Jan 19 33 41% Jun 11 Sugar June 13 io 78 X Vu 11% Jim 87 Sep 18 Sep 18 42% Mar 29 152 24% 11% 91 24% Dec 19 4 20% May $5 12 24% 11% 85 13 Nov 16 34% Jan 24 45% July 25 92 58% Feb 10 80% Jan 7 24% No par Gulf Mobile & Ohio RR com 107 % Feb 42% Mar 20 103'% Feb 28 108 Feb 6 105'/a Feb 23 32% Sep 26 11 74 % Mar Mar 14 147% July 26 23 83% Jan 32% Jan Thursday June 12 1 29% Mar 21 9% Nov 23 39% Mar 23 3 12 76% Dec 21 Guantanamo Sales for Wednesday June 11 1 Corp 12 % May 10 9 HIGH SALE PRICES AND Tuesday ' June 1.0 Par EXCHANGE Gulf 5% Jan 29 Va Dec Monday NEW YORK STOCK Range Since Jan.1 Year1956 Lowest LOW STOCKS Rang e for Previous 73% > 74 370 12,900 1 -T 1 1 1 1 I Volume 5647 Number 185 . ; The Commercial and Financial Chronicle . *•» •» .ruff ' « NEW YORK STOCK EXCHANGE STOCK RECORD "* ff Range for Previous STOCKS Year 1956 Lowest Range Since Jan. 1 Highest Lowest LOW NEW YORK STOCK Highest Monday EXCHANGE HIGH AND Tuesday June 10 Par SALE PRICES Wednesday June 11 Sales for Thursday June 12 Friday June 13 the Week June 11 Shares K 1 34% Feb 104 13 70% Aug Nov 27 44 Dec 127 7 78 Dec 92 3 Feb 20 Mar 96 Jun 10 Jun 10 49 Feb 12 39% Jan 24 78 1 * Mar 13 108 Apr 13 94% Jun 89 105 Mar 90% Jun 87 Dec 28 71% Feb 9 • 37 88 83 May 22 92 % May 9 21 4.20% 90 Jan 4 96 64% Jun 7 20 33 % Jun 11 28% Aug 14 26 */2 Jan 2 24% July 23 23 2 21 48 1 24 Mar Dec 12 37% Feb < 15 11 100 4.35% 12 31 57% Feb 30% July 16 : 27 '4 Feb Electric CoJ. Power & Light Co Kansas 17 10 Nov 21 32% Dec 4 11 40% Mar 19 41 Jan 29 31 74% Aug~20 82 18 98 Feb 10 49 May 84 1 49% Jun -* 5 3 11 35% Jan 17 :i Mar 30% Jun 52% Jan 43% Jan 4 .___ KLM Royal Dutch Airlines Koppers Co Inc common 94%! Apr 10 "V 4% preferred 21% Mar 7 E J Korvette Inc__ May 28 1 25 17% Feb 20 21 29% Mar 29 2514 Feb 13 27% Apr 11 26 50% Feb 29 30% Jun 13 34% Jan 4 22 Jan 10 3 24 May 27 26% May 9 43% Jan 4 29% Apr 54% Oct 19 47 Jan 57% Apr 20 17 14% Apr 13 16% Sep 10 14% Jan 21 25% Apr v r * 4 23% Feb 11 V 13 27% Aug 4% Jan 7 Nov 3% 16% Mar 13 19 "Nov 6 . 7 17% Jan ^ 3 15% Jan / l 20 Jun 18% Dec 26 22% Mar 12 18% Jan 34% Apr 30 97 Mar 22 32 Ye Mar 12 85 94 t 89 8 May' 8 13% Jan 10 17% Jun 35% Apr 26 4 15% Nov 26 1% July Apr Oct 14% Jan 2 3 31 14 8 " Feb - 2 1 11 9 20% Jan 49% 32% 32% 50% 7% Jan 1 29% Nov 14 26 Feb 12 4 20% Oct 19 Jan 15 25% M&y 24 30 16% Dec 28 21% Mar 26 74% Feb 9 98 12% Dec 4 38% Mar 29 Apr 16% Feb 12 68% Feb 9 10 Jun 19 * ' 1 - Apr 29 2 Feb 12 681/2 Jan 2 141% Jan 15 150% Mar 9 "50 18 47% Jan 64 23 76% Nov V14% May 28 35% Jan 24 84 Sep '•12 62%Mar 14% Feb 12 72% Jan Feb 12 28 83 1 • 40*2 Jun 10 18% Feb 27 32% Apr July 26 10 37% Dec 19 '23% July 7% Jan 19 31% Mar 2- 9 > 98% Dec 6 * 106 Jan 88% Dec 27 102 % Jan 86 Dec 11 104 Nov 19 . 97 ' v'15% Dec 116 Dec ; 26% Dec 83% Jan 21 ' 25 4 21 15% Jan 2 2 30 % Nov 109 May 27% Feb 61 20 Dec . , i lOVi Feb 18 139 31% Nov 26 41 26 8 45% Feb 16 28% Feb 13 81 • Jan 7% Mar 28 72*% Feb 35 0 • Jan Jun 7- Mar 4 ■.<. 86% Jan 30 '10 • Mar 18 6 4'<6 jail 4 8 Jan 3 Jun - ,. 3 10, Jan 11 "7 Jan 3 47/a Mar 11 6% Jun 4 Nov 5 15% Mai^l3 17% Jan 29% Nov 28 25% Apr 56%-Jun 29/4 Apr 18 32% Feb 21 34 Jun 18 38 Jan 11 4 i 14 11 35% Mar 8 Jun 10 91 Jan 28 10 47% Jan 35% Jan 28 19% May 25 26 21 2ec 17 -Zo,/5ec 21 73/2 Dec 7 20% Jan 48 y2 Mar 19 97 Feb 7 21 22*, Nov 14 96'/2 Jan Mar . 37% May 14% 25 ■•>: 14% 2,100 xl4% 14% *24% 25 *24% •'3% 4 *3% 4 4 ■ 19% 19% 19% *85 87 15% 35% 15% 1% 4 20 V 19 ' 19 33 33% ' 19% 18% 19 *32% 33 *83 87 •f : 200 900 2,100 800 85 85 15% 15% 15% 15% 15%' 15% 15% 4,200 36% 37 36% 37% ; 37 37% 37 37% 10,300 15% , 15% 15% 16% 1% 1% 1% 1% . > 5% .6 ' 19 % 30% 31 1534 15% : 15% 1% i% ; 19% 19% " 1% 19% *83 19% 32%-" 32 % ; 3% 19 , 3% 19% 19% 18% 87 25 r *24 87 19% •; 14% r 44 700 15% 15% __..l 25 *3% 6,900 2,400 • , 36% 15 *24% 7,660 19 V 15% ! 14% '14% . 33% *85 I_lo '. 52 19% 33% , . 19% *19 *3J% • 16 1% V 1%: 100 • 5,800 8,100 ■ No par No par 18% " 19 *5% 6 5% 30% 23% 24 17% 17% 80 81% 5% 30% : 29% par lo 10 25 30% 23% 17% 82 84% 10% 64% 20 20 VB 19^8 20% 5% 6 Va 6 32% 32 32% 23% 1,500 11,200 ' 23% 24 24 17 Vb 17% 17% 17% 3,700 82 % 23% 17% 1 17% 82% 84% 10% 83% 82 % 82% 9,300 10% 21,300 1,400 10% 10% 63 YA 63% 63 % 64 Vb 142 % 142 V* 141% 141% 110 63% 62 % 62% 62% 62% 2,500 7 0% •" 69 "< 69 69% 70% 63% *143 63 10% 10% 63% 144 63 62% 4,400 6VB 31 % ' • ■ 64% 144 62V4 23% 1: 10% 63% *' 144% 61% 24 17% > 10% 63% "144 conv 144 8 » ! _ Garden_;_^_ Martin $3.40 Maytag 2.u y 77 66% Jan 9 50 Jan 12 13% Jan May 15 32% Jan 3 26% Feb 46 6 40 22 4 21 42% Apr 30 12% Jan 70 Jan 2 2 $3.75 9 lo T, 9,000 > Corp *84% 90 *84% 90 *83 86% 90 86% *84% 30% 80% 21 21% 30% 30% : V 31% 81% •13% 7-13% 82 77% 1 30% ' 79% 43 43% 535 *520 •o" 9 : 78% 1,300 81 Va 6,400 20% 20% 20% 3,800 105% 109 VB 116,700 30% 30% ; 30% 123% *120 ;• 123 . 1,200 ' 28% 27% 28 31 ?• 30 VB 30% 82 82 81% 81% *9 Vb 9% 200 13% 4,400 - * ... ' *9 Va 9% 13% 13% 78% "79% 43 535 13 79% 42% 44 *520 30% 80 Va 30%. • 13% ! 40 30% 30 82 9% 1 T2.400 81 28 / . 200 - 17% 30% *120% 31% / *9% 13% ZYo 78 41% 535... • , 104 122 Va 20 Ya 28% ' 9% 17% 30 V4 . „ 123% 81% 9% *102% *121 106% 109% 28 30% ; *; 20 ~20 83 Va 80% *120% : 83 VB 17% 17% 111 30 :• 28% 104 '• ,, 122%. 122%' 20% ' 107 Ya 30% 7 *102% . "81 X20% ; 123% 27%. 30% V 30% 80% 103%' 108% *120% 103% 1 •17% 17% 120%" 121% 30 fa 79% 86% 102 123 90 *83 4 103% 17% 77% 43 Va 43% *520 *520 535 18,800 3,600 360 78% 9,300 43% 14,800 535 * 8% 8% 8% 1 9 8% 8% 8% 8% 3,400 ' 5% 6 16% *16 34 il~2.50 1 -35% 30 *16 *6%15% 51% 32% 33% 33% 82 82 35% 11% 11% .34% 11% . 11% 300 34 34% 6,000 12% 34% 12% 13 Vb 14,600 1,200 34 33 34 33% 33% 33 33% 29% 29% 29% 29% 29% 29% 29% 29% 30,300 1,600 18% 18% 18% 18% 18% 18% 18% 10,200 51% *51% 52 51 % 51 Ya 32% 32% 33% 33 33% 32% 33 5,500 33% 32% No par 34% 32% 51% 4 ,35% 6% 16 VB x51% 18% 50 35% 6 % ♦15% 6% 16 31% 29 Yn 18% 5 6% 16%' 6 % 6% 16% Xl8% 33% 33% 33% 33% 33% 33% 33% 2,800 *80% 84% 30% 293a '—5 ' 11% '.j 12 11Va 6.25 '' ' *51 Va 52 83 82 82 83 83 35% 36 % 35% 36% 35% 36% 35% 36% 35 Va 32 29% 32% 32% 33 33% 34% 34 34% 33% 33% 30% 30% 30 30% 5 37 Vb 38 38 39 38% 39 No par pfd 1947 serifcs__No par *81% 400 36 No par 100 „ - Electric Co cumulative Co 96% __Z__1 Co cum *93 Ya *16 ; com 96% .9% • 3 Exploration 440 9,500 *93J/4 . 81 8% " _N© par ; - 116 Va 96 % .28% 393/. 8,900 : ' *93% 21% 75 17,800 35% 34% 115 117 96% -17% 102% »520 36% 35%' 35% 117 22% i3«a so •36%. 35 35% V, 116% ' 10 " 32,700 22% 9% 1 16,300 20»A 22% 80 % 31 37 Vb • 42% 19% 22% 123 30% 81 8,500 42% 22% *102% •17%' 30% .. 8 42% .20% 36 % • 22% *83 104 n7,f. 8 42 Vb 20% 35 ... 1 pfd_^ x ... - • 82% *81% > J *76 *67% 28 28% 2 8% t- 51% 50 50 _No par 15 3 28 15 80 *76 39 29% 6,000 29% 3,300 38 Va 38% 10,100 *81% 82% *68 82 Va 70 *76 70 *68 *68% 78 70 28% 29 29 50 50% 50 50% 14% 15 14% 27% — 29 51 *50 14% > 28% 28% 28% 80 *76 ": so 70 14% 30 38% *81% 40 27,200 ■ 70 *50 29% . . 82% *81% «2% 80 28 No par preferred McCall Corp _• 30% J *67% No par $3 *81 • *76 - No par- common.£*;.i 900 3,700 90 20 Ya. 42% 116% . 8 Va 8 , * 22% *84% • 86% 123 1 <•'. ; ♦81 49 VB *93% . 90 V8Va a 36% 35% 116% 90 2,300 -' 15% 48% 49% *81 20V4 *15 15% ; 49 22% 29:,4 30% <>120% .123% j pp. """1 Masonite Corp Mar 22 Jan 95 96 37% 34% *15 . . r 90 8% 421 *" :: *114% 22% - V 21 36% 35 116% 20% No par ___j 4%%: preferred • Feb 20 Jan 36 T a 104 1 U Bros Marshall Field & Co 1 83 30 '■ ^l__„l Manati Sugar Co_2 77 17% Apr 3% 42% *86 . 32% Feb 25 19 8% 41% Vb 15 VB 49% *81 - x20Va *84% Co^__^_ti;„___3.33% MacAndrews & Forbes common 6% preferred ; u 7 10 8% 95 y- 15 49 ; 90 41% 22% i_100 CM) & Sons Iqc Steel *81 21% 34 !_100 49% 19% 116% lo Mack Trnckn.Tne ' , r. « Macy .(R' H) Co Inc «onl N© par />4%% preferred series A_*„_4_100 5 Jan -- 70 15% 48% 35% " ' 69% *15% • 90 8% •40% •- ;~100 pfd_ -69 15% 491/2 ♦81 L-10 preferred.: 69 15 48% " 4 May Dept Stores common^ $3.75 preferred 55 15 18% 3 52% 4 25% 19% series >G 68% Jun 25 14% 4.40% 27% Jun 20 4,400 4 3 32% Dec 53 1. Master Jun 11 52 : 39% Jan 4 83 Jan 31 8 52 j 30% May 14 Jan 52% --- 87% Mar 2 G' 51 % i_H)0 34% Apr 28/4 Feb 23% I_/_~ll 21 76 23% r,___Nb par 35 y2 Feb 13 75% Jan 8 4 23% Marine Midland Corp common/. 4% convertible preferred Marquette Cement Mfg Co_____ 8 82 50y2Mar23 23% Marchant Calculators Inc 22 1 98 i Jan 24 45% Dec 3 24 __100 Marathon , 7 35% Jun 11 23% Manning, Maxwell & Moore 2< 14 24 24% 53% preferred^ Maracaibo Oil ~ 11 Feb ?ov 20 Apr 13*4 May 10 31 31 conv Manilattan-Shirt .37% May 13 < 7 82% Dec *24 52% series E Mandel . 10 14 20% Apr 54% Feb 18% 40% July 11 37% Nov 16 jun 31% Feb „ 20% Nov 13 2 51% Jun 4 — 7 9'/a Jan 1 Apr 18 48Vi May . —■- 32% May 27% Apr 4 24% 52 68% Madison Square : 14 10 24% 10 14% May 14 r., Magic Chef 89Jan 2 v Magma Copper: 44 JU11 12 Magnavox Co tThcl ; """ 530 May 27 < Mahoning Coal RR Co„ 19 —r 5 7 , /. 30% series D preferred Lukens 39% Mar 22 125 ' 30% Co Lowenstein 12 31 7T,, ----r8 A Oct 30 ri-r, / , 20 8% Nov 28 - 22' ' 30 Ya •J 30% (P) Co •comuiou' k._To- ~J- ■'*16% preferred J___100 "121 % Louisville Gas & EJ Co (Ky)--Nopar 29% Louisville & Nashville : ; 50 79 32 JaA lO : 12 ■:%, 32% May 17 May 16 31 7% 5 .7% Mar 28 6 30% Lorillard ; 8 * 31% 4.35% 4 4'x ' Sep .24 16 r 12 31 4.25% T 4 93% Jan 111 Belt 4.84% 4 ■ 30% Jun . 27% Feb 30% Long Island Lighting Co pom 5% series B *preferred_:___ 25 f 12 26% 100 Lone Star Gas -Co 28 "* ... 29% May 27 119 '. Apr 16 * Mar 13 ■ 24 Apr - 83 19 26% com_ Lone Star Cement Corp ; 17% May 20 127% Mar lo*/4 iViHi' 16 31 Mar 20 '610 -4% Jun .26 5% Dec 25% Jan 74% May 15 9 .30% Nov 14 .. 6% seP 20 473% Dec 20 j 49% Jan 3 .i-;.;144 •, May 24 15 20 Dec 106 101% Feb 119% Jan 27 3 Mar 5 Nov 86 Jan 92 28 . ■ 89 5 23 27 Feb *82 % 19% Co ~ 7 • 26,500 * List Industries Corp_____Aircraft Corp__; Loew's Inc .' — 7 103 •: 4,400 53% 84% / 31% 52% - 26% 100 2'■■■ -Lockheed Jun 86 % May 17 v 21 % Feb Jun '26 U;--' 11 231/4 Jan 86% Jun 103% Dec ' 36% May 13 V 117 6 143% Jan 27% Dec -*. 13 Jun 12 28% Apr 11 * ■* 33% Oct 80% Dec 27 ; 92%-Jan S% Nov 21 10% Apr • 96 Jan 37% Jun 26 28 37% Nov 23 120 / 9 Mar 14 Jan 114 22 Ya Feb Jan - 67% Jan 1C9% Mar 28 6 May 17 22 *83% 31 % •■;• 8 Lionel Corp (The)..: ^ 2.50 Liquid Carbonic Corp cohimonJ__-ls ,3%% convertible preferred_4_lO0 - 53% May 13 Feb 12 Jan 16 600 32'/a ' 75 6 21% Oct Link 16% Apr 11 9 . * I 20,000 53% 53% 84% j V 32 32 1,000 48 *32 32% 3,800 39% 18" 4-/7% preferred Lily Tulip Cup Corp 38 12 Jan 35 7 ' *83% 84% V- - 47 3a 26% ______Ino 64% May 13 8 '25 VB May 14 29 28 ; *; Jan *58% Dec 8 18 V8 Nov 7 Aug 29 49% Mar 29 100% Jan 6% Nov *29 33% Dec 63 18 25 43 % Jun Aug 54% *39 48% • 8,000 10,500 19% 1 31 72% Feb 163 % Feb 23 32% 52% 39 Yi 47% *32 ' 30% 27 _5 Libby McNeill & Libby Liggett & Myers Tobacco 1 Jan 32 52% 38% 32 y2 71% '' 26 34 Products Libbey-Owens-Ford Glass 20 49 49% a 45 30% • 72% 30% -30% 14,000 18% (The) 14 61% Oct 38% 48 3 *32 45 71 46% 71% * 6,600 115% 18% No par 11 137% Dec *38% ' 72% :i. 30% 1,400 45% 114% 27 common Corp 46% •» - 700 800 4,800 13% 45 115% 45 VB 72 •*13% ' 45- ' 25% 30% 25% • 18% common — Lerner Stores 115 2,100 34% *29% ' 26% _ $3 noncum 1st preferred. Fink 44YA ? 32 % *84 ' 68% *33% *' 26% 31% _1 13% Jan • 50% 86 13% 30% ' 30 97 68 Ya V69 % /" 33% :• 25'/.» *25% 13% 13% 45% : . 19 1 Corp *91% • 18% ~5 Sons Co preferred & 90' - 26% Rubber & Tire. Lehn 50 *86. No par 84% Jun 7 49% *84 *3% Lehman . 20 95% 1 50c noncum 2nd pfd~,_ 32% Jun .14 16% Jan < ': 10 25% Nov •;. * 32% -30% 14% Lehigh Valley Coal / 90% *93% i0 common_;._ yal^®y \ 120 *88' " 29% 25% 13% • 46 32 Lehigh Coal & Navigation Co Lehigh Portland Cement 24 78% 33% ^ 114%- 11-6 48V2 "I _• & 3,800 *76% 97 68 % 34% 46% *24% '••3.85% .. ; 5% May 27 1 Jan ..45% Jan ;4 17% Jan V 4 2% jan 10 May 15 ' 9 17% Feb j 45% 68 45 13% 38% preferred series A (James) 400 38 Va 90 Yf : *89 30% 25'a H4'% 31% 4 Lees 2,200 38' 95% - • *91% 30% • '451/4 113% 48% 25 Lee 17% Mar 14 10 1% May 19% Dec 28 19%.Mar 13 , 12 35% Jun 2% Jan 24 5 27 2"1 % Jan 6 15 Jun July 10 58 24 13% X44% 31% Lane Bryant ; 36% Apr / 4 Jun 13% 46% 10 26,700 96% 46 88 • *93% "■ *33% 25% 45% Consolidada 6% pfd_75 Pesos Mex 4,32% La 6 ' 66 Ya 33% 30% 31% 38% IIIIII_IIl Laclede Gas Co 99 73% " > i 90% 66% 33% 30 t 25% . 30% Kroger Co (The)..-, * 66% - 72% ion VB '78% 88 11 *92 99 31 (S H) & Co_ Hroehler Mfg Co__l__- 2 30 - Kresge (S S) Co Mar 22 4% Jan 24 *92 73% G 38 *76% - *89 901% 38% IlOO Kress :,27 3% Jan' - 8 *89 38% ,, Dec 31% Dec 95% 5 Corp King-Seeley Corp 44% 96 *44% 37% *93% 113% 46% 70% * 1 ___ 4 78 Ya 30% (Ill) ,)} Kimberly-Clark • 78% I_"~i Keystone Steel & Wire Co. 35% May 22 65% Jan" 2 37% *88 34 - •44 ■i 47 37% 95% 99 13% County Land Co 2.50 74 .. May 10 Kerr-McGee Oil Indus common_i_^l 31% May 2 .>'_4%%' conv prior preferred 25 38% 91: 66 44% Kern 43% 96 Ya *44 £ *88 90% 111 *.< 95 % " 78% 251,4 5 No _ 44% *94% 25% —.il-I-IIIl Copper 43% -44% * 96 38 30% par 47% May 31 43% 95% 44 78%,r 91 * *30% 8 75 Kayser {Julius), & Co.. /j Kelsey Hayes Co Kennecott 34 42% 91 65% No par' 95% 94% *92 :_50 tKansas Gas & < 46% May 23 128% Jan ' 4 7 38% Jun 100 42% 95% 78% *89 No par com *^4% non-ciun preferred . 4 Apr - cumulative preferred 41% *44 ' 94% _10o Kahsas City Soufchorn 3 Mar preferred ' 39 6 Apr 12 58% Apr 27 Dec 26 5 Feb Dec 3 32% May 19 101% Feb 61 7 10 ' 40 Feb 12 53% Apr 42% Apr 25 39% Feb Mar 27 Apr , Jan 147% Mar 14 23 4% 77% Jan ' 4 i*s 38% Jan 31 46% Jan May 28 *88 18 Feb 14 Jan 38% IlOo Feb 10 113 38% par *76 96 15 .43% Oct 44% 100 102 ' • 94% 44 1 5 14 42 94 & Lt Co com_No preferred 10 Nov 30 ; 3.80% xJ. , 1 103 27 preferred Kansas City Pr y- Mar 12 40% 100 ^_.§o 33% cum conv preferred 14% % ■i...t cumulative preferred 4.50% preferred ' 12% Dec AYb% , Feb Feb - 24 9 102 May 16 21% Jan 1 109 % May May 10 103 30 Kaiser Alum & Chera Corp 14 37% Jun 5 Nov 46% May 15 44 97% Nov 28 1 12 94 - 44% Aug 14 21 Dec Aug 52 18 37% Dec 37% Feb 3 15Va 15 ff — — 1,600 710 15 1,300 * 25- 13 Sec 21 Sov 2? Jan ' *^an 83% Jan 24 38% Dec 26 ' 40% Dec 28 Feb 11 32 43% Aug 20 34% Feb 11 95% Mar 5 54% Dec .30 23% Feb 29 Mar 1 6 49 Jan 2 17 Jun 12 16%. Jim 3 1? ' Oct '* I Sct > !,i/ 9 33% Feb ol^/ 24% Feb 2 cSrir ok'4 82 ino 27% Feb 35 8 ' ^ ian rJ 17/8 Nov r?n 20 « ^ Dec oUn Sep Apr 11 45% Jun 26 28 S60 ort 32% Mar 15 98 * 27 a .4 July 11 Peb 9 Jul7'9 61'4 JuIy 31 2338 Jan 3 . gee 20 - 25 nage Feb 1 4 8 37% Apr 21% Jan - 80% Jun 13 97 28. Apr 23 89 Feb 26 116 May 27 -69% Apr 24 8 Jan 7- 88V4Jan 29 39% Apr 25 25% May 20 11 19 Mar 30% Apr 24 12 84 21 98% Jan 31 108,4 Apr 29% Feb .5 i ,_i AL Mclntyre Porcupine Mines McKesson & Robbina Incl McLellan Stores Co : McQuay Norris Mfg Co_„_ 5 «?Adjusted 8 62% Jan 11 94 Feb 18 104% Jan 989 May 23 86y2 Apr 17 103 figur* Feb 19 before 3 Melville Shoe Corp cojjlmon 4% . Mercantile Stores Co: Int Merck & Co Inc commons / $3.50 preferred $4 conv 2nd preferred-,. Mergenthaler Linotype'Co Merritt-Chapman & Scott..: *41% . for 1 preferred seriesi_ split. . 72-% x71 Vb 44 40% 40% 40% 210 13 Va 13 % 13% 3,800 71 70% 70% 43% 14 *13% 115% 117 55% 17% 17% 55% 17% 17 16% 16% 16% 16% 36 % 37 37% 38 91 91% 1 28 28% 100 1 79 35 79 1 1 L_3% • 16%c No par No par No par - - 23% 35% »77% --*109% --56% 12.50--- -21 100 *98 ~ "27% ' 2,1 Yi 79 35 *34% 23% 36% , 27% 79% ' '■ ' 36 23% : 23% 36 Hi 35% 80 *77% *109% 112 58% 56% X19% 21% 57% X56% '• 79 *34% 23% '*77% *109 *58 %. 5.9 • \ 35% 80 112 *90 • 20 19% 97% *88 90% ' •96 *96 98 CI *88 83 *80% 101 % *98 98 ■ i. " 91 *88 91 83 *80% 83 101% 98 98 16% 91% *77% *109 ' 17 11 va 2,000 17 17 1,200 38% 39% 6,300 •89 92 230 3,100 28 27% 28 80 79% 80 280 36 36 23% . *58% 36% 130 *23 23% 900 36 va 19,300 35 Va *77% 79 *109 112 80 — *58% 60 60 700 19% 20 29,500 20% 57 % 57% 5G 51 Va 90 Va 88 88 *96 98 *88 *96 98 *88 80 % *96 — — 112 20 v - % 34% .-35% Vb. 57 17% 38 23 % 20% 88 4,200 38 *35 • 80 50% 3,100 56 va . * 114 88 700 114% 55% 13% 79% 23% 56% 13% 114% 55 Va 27% 36 60 13% 114% 91 79% ' 90 "2 8,500 2,800 16% ; ' 93% '28 36 45 43% 17% 16% 37 ' 93% 44 Ya 43% 55% 17% 16% 36T'b *90 44% 44 114 56% - 50 44 13% 14 118 55% 600 43% 44 117% 13 VB *70 '44%" *13% ■' %' ■: 71 Vb 43% 44% i7»/2 *40 13 43 14 28% 40% 43%, 56% *27% *40 44 Va 121 28% X13% 42% I3ye *27% 40% 43% 55% .1 lo • 13% 73 28% 13% 72% x40 % 42% ;Mesta Machine Co__^_ ' „5■ 57 Metropolitan Edison 3;90#> pfd__100— - *88 4.35% preferred serlest._. L_100 -97'/2 3.85% preferred seriesL __100 *88.3.80% preferred series___; 100 *80J/4 4.45% -43* 117% . 5 *21% -13% *72 1. 3-1 18. preferred series B: Mengel Co (The) 28% 13% 39% Jun 14Mead Corp common.1 5-93 May 8 ' 4%% preferred (1st series)—100 - 79 J""" 4 105% Jan 3 52 APr 1 54% Apr 8^ Jan 9b APr * 64% May 10 ?92 *^an 8 7, ^an 99% Feb 14% Jun , .. j.__50. McCrory Store© Corp commonL_50c 3%% convertible preferred 100McGraw-Edison Co __J 121% Jun 7 58 Apr 22 19% Jan 29 Apr 1 ' 851/4 Feb 5 27% May 27 79 May 23 y 34% Mar 21 * 21% Mar 4 : common__4. $2.50 preferred McGraw-Hill Publishing McGregor-Doniger Inc class May 14 46% May 13 33 93 For all otber footnotes 6 / Corp 47 75% Mar 21% Jun 12 41% Apr 30 102TfJan 16 1 22,?^° 22 27% Nov 29 b? 32 P66 l7 7®. pe® 18 ?2,/4£an 23 JI^25c31; 15% Feb 1 i 13% Mar 11 75% Apr 17 McCord • 91 *88 91 1,800 90 10 • 80% *78 81 50 99 *96 99 10 Commercial and Financial Chronicle The 24 . . Monday, June 17, 1957 . (2820) EXCHANGE STOCK RECORD NEW YORK STOCK Range for Previous 40 I 40 * 126 33 5 3d¥2 Jun Feb 12 3 127 Jan 2 137 30% Feb 12 40 Aug 10 40 May 31 25% Mar 22 32% Jan 14 20 12 22% Apr 19% Jan 12 10 Jun 12 i Jen 23 Jan 23 eoya July 26 26 ; 9 17 22% May 14 61 Yt Sep * Dec 8 t. 76 Oct 22 Feb 2 94 3 14% Fe5 12 Jan Jan 3oy4 Nov 28 Jan 19 49 y4 Apr 23 18 V* Mar Feb Jan 29 Feb 11 Feb 13 25 7 % 3 23% Mar 28% Mar 29 30 373/8 Feb 15 58% May 23 12 43% May 27 377/# May 23 3 40% July 24 26% Feb 25 36% Aug 14 9% NOV 29 17% Jan 5 33% Jan 2 8% Mar 15 NOV 29 61% Jan 6 55 2 Oct 3 60 67% Oct Monasto 20 66% Jun Feb 20 75 Mar 23 14 24% Jan 72% May 4 2 Jan May 31 82 15 26 47 Jun 14 40% Jan 49% Jun 2 76% —No par , — Co——. Chemical shares Monterey 7 18% Jan 10 25% Dec 14 21% Mar 12 25% Jan 24 18 y2 Nov 27 28% Mar 12 19% Jan 3 (John) Morrell 51% Mar 14 45% Nov 9 40% Jun 10 47 Jan 10 Motor Products Corp 32% Mar 7 20V# Jun 13 23% Jan 11 Motor Wheel 40% May 10 27% Feb 14 Corp. Mueller Brass Co—; 17% Apr 30 1 38% Jan 11 15 7 30% Jan 4 50 1 Myers (F E) & Bros 24% Apr 43 y4 Jan May 21 21% 21 35% 35 ¥4 35% 35% 36% 36 ¥2 36% 36% 36%' 22% 22% •22 V# 22% 22 ■:■■;: 22% ' 35% 35% 16 15 15% 15 15% 46 46% 46 4G% 40% 47 % 47%. 40% 20% 20 ¥2 31V# 31% 16 *15% / 29 28% 47% *46 20 ¥0 20% 31% 15% 15% *15% 16 31% 15 35% 36% 22% 13.400 , 7,300 ■M ; 47 ¥2 : 30% 36 ¥< 28% 28% 28% 23»;> .46% 40%: 46% 46 ¥4 *46 1,900 .1,900 47% / 4,700 500 4038 20¥a 2,300 20% 31% . -2.U00 ■ 300 ; 1534 ; ¥4 4.000 36%. 38% 36 28% x46% 47 Vs 28 ¥4 16% 28% 33,900 15% 31% 15% 15% 36% : ; *40:;i 40% 20% 31% ' J *15 % 36 ¥2 36% 36% 36% 40% 41% 20% 32 31% *15 ¥2 " *40% 41 *40% X31% 20% 20% 21% 22 ¥4 *4-3 '•: •/< 5,100 : 200 46% ' <• ' ■ 148 22 Jan 23 82 23 Feb 17 11 Nov 26 Jan 35% Jun 11% May 24 114 16% 66 % 67 19% Jun 10 30 Jan 3 13% Mar 13 1 National Airlines ——, 1 National Automotive Fibres Inc?—1 13% 13 12% 13% National Aviation 5 10 33% 34% 34 34 34 34 38% Jan 39% 40 39% 40 39% 40 tT54V4 156 152 ¥4 154 ¥4 13% 13 % Feb 12 33% Jun 10 35 Jan 40 2 30 149% Jun 14 12% Jun 7 46 y4 Feb 12 70% Jun 13 59 Apr 11 26 y4 20 Feb 10 33% Dec July 20 May 14 6 20'% Jan 3 Feb 12 30 42% Aug 14 34 Jun 12 21% Mar 19 25 % Jun 27 20% Feb 29% Oct 11 18% Apr 23% Feb 12 34% Jan 23 10 92% Dec 17 94 101% Aug 28 8 Jan 1% 9 Corp—; preferred A 9 National Can 4 National Cash 24% May 22 National City Lines Inc National Cylinder Gas Co 38 % 14 4%% 3 VI 154% 13 ¥4 69 Va 70 69% 68 % 66% 13 y» 13 13 % 12% ' 19% 10 *66% 19 ¥4 12% 22% 22 ¥2 23 22% 12 7# Vo 40% 40% 40% 41 34% 34% 34 ¥2 35 *20'/# 96 20 ¥0 20 ¥4 *20 ■ 18% Jun 20 21 % Mar 12 18% Jan 7 19% Jan 25 National Fuel 27 617/e Apr 25 40% Jan 11 National 28 105% Feb 23 35 J/2 Apr 91 Apr 76% Jan 23 123% Aug 9 100% Feb 12 153 13 93 Dec 13 154 Dec 10 179 Jan 132 Nov 30 153 Mar 12 11% Jan 5 31 97 National Lead 22% 22 % 42 43 ¥2 17,400 34% 34 Va 34% 2o,900 20 ¥0 20% 27 Vi 96 130% May 31 139 Jan 7 Vo 10 47% Jan 4 17V4 Feb 12 20% Jun 14 65% Mar 12 80% Jan 3 20 20 Jan 20 77% Aug 17 Sep 10 13 Vb May 12 National 8 33 y4 Dec 28 87% Nov 5 33'/4 Feb 12 40 y4 Feb 12 51 Jan 36 Dec 13 48 Jan 3 36 Vb Jan 2 42 Oct 15 9 y4 Apr 13 10y4 Dec 26 12% Feb 9«/#Jan 7% May 29 9 12% Oct 11 17 Mar 29 13 5% July 18 37 '/a Mar 11 Apr 27 6% Jan 11 9 12% Feb 5 8% Mar 2 3 14% Jan 2 16% Feb 5 Nehi 13% Jan 21 H'/s Feb 4 Neisner 31% Dec 39% July 30 31V# Jun 13 33% Jan 18 75 Jun 11 85 Feb 26 75 14 Dec 3 Mar 13 96 17% Sep 6 16% Jun 14 17 Jan 2 New 79 97 % Feb 14 78% Jun 12 86 Jan 24 B87/e Jan 20* 125% May 99l/4 Feb 13 87% Nov 19 73% Jun 10 23% Nov 29 33% Apr 47% Jan 30 32 y4 Nov 26% Sep 29 11 Inc.. Bros Sep 26 94% Jan ! 6 440 91 Jan July 24 26% Apr 30 New York 4 New 78 Feb 25 29 y4 Jan 7 Jan 3 13% Feb 12 17 Jan 15 3 33: 11 41 % Jan 14 Y 30 26 64% Jan" 19 21 58 Jun Feb Nov 26 31% Jun 10 54% Jan 35% 47 ¥4 46% 47 Va 46% 47% 48% 47 Vs x46Vb 46% 39% .40 39% 40 40 40 39% 39% 39% 39% 8¥a 8 Va ¥2 9% *9% 9% 1,300 35% *35 4 28 39% Mar 27 36 y4 Jan 73 Jun 2 38% Apr 12 10 87 28% Deo 31% Mar 94 Mar 5 Apr Y 8 8 8 9% 9 Vi 9% 12% 12 ¥2 12% 12 % 12% 12% 12% 12% 2,200 6% 6% G% 0% 6% 6% 6% 6% 5,300 15 V\ 15 ¥2 *15 ¥4 15 ¥2 14 *13% 14 1512 *15% 13% *13% 14 .32% X31% < 32 32 75 16% 16% 80 120 Va 76% 76% 77% 18 14 73% Feb 14 3.40 % 73 91 13 72% Jun 12 81 Jan 30 3.60% preferred preferred 9 78V2Jun 3.90% preferred 78 Dec 31 82 Dec 11 18% May 25 33% Jan 5 60 y# Jan 4 22% Nov 19 38% Nov 29 16 Vs Jan 16 Feb 98 y4 Jan 103 Jan 16 22% Aug 16 43 Apr 13 Jan 28 14 21% May 29 24% Jan 9 49% Sep 25y4 Oct 27% Mar 18 39% Jan 2 20% Feb 12 23% Jan 10 73% Jun 5 48% Jan 2 Jan 19 111 Jun 1 45 Apr 62% Feb 104 12 May 24 39'/# Feb 79 Jan Norfolk North Mar American 25% 25 25 25% 25% 25 25% 25 V4 25% 2.900 33 Vn 32% 33% 33 34' 34 ¥4 34% 34 34% 59,200 26% 26 ¥2 27 26% 27% Va 27% 27% 27% 12,100 5 ¥2 Vo 8 *100»2 100 103 *307% 340 *307% 16% Oct 1 18% Aug 7 16% Feb 5 17% Jun 11 21 72V4Jiin 3 82 14 17 91 Feb Dec 12 103 Jan 3 83% May 20 92 Mar 29 82 Dec 5 101% Jan 9 86 Jan 2 90 Feb 84 Dec 18 102% Jan 5 82 Jun 4 85% Dec 18 99% July 25 85 2iy«#un 8 29% Jan 13 Oct 1 19% Jan 3 20% Oct 1 28% Jan 6 14 May 10 24'/# Jan 2 13% Jun 5 21% Feb 15 28 Apr 30 Feb 14% 14% 14% 14% 34% 34% 34% 34 34% 3,600 33% 33 7 33% 33 7 8 13,670 90% Feb 92 Feb 28'/# Feb 17% Jan 23 18 5 4 Northwest 4 Apr 12 "-••4.6% 10 36% Jun . 14% 38 38 38% 38 38 74 73 73% *73 ¥4 30% 29% Airlines 29% par 73 Va n 29 7ii 30% 70 *66 *67 *73% 76 80 74 120 29% 30 29,700 70 68 68 100 70 [ 73% *72% *72% 75 300 80 *79 79% 140 86 *80 86 80 86 *8C 22%. 22 % 23% 23 ¥4 23% 2,700 37"2 37% 37% 37 ¥2 37% *37% 37% 1,000 06% 66% 67% 66% 66% 66% 66% 5,800 66% 6614 *21% 1 29% 30% 30% 31% 31% 21 21 ¥2 20% 21 20% • *21% 22 '21% *21% 22 31 31% 56.900 21 21% 3,800 *73 73 % 110 57% 57 57% 4,400 105 ¥2 105% 105 49 3 b 47 7/8 48 V 2 17% 17% 17% 31 Va 31% 20% 20% 74 74 74 74 74 74 74 73% 55% 56 % 56 ¥2 57 ¥4 58% 57V0 57 105% 105% *105% 5 45% 47% 47% 106 106 48I/4 48 : common : Co— 17% 17% 17% 74 75 >2 73 74 81 17% ¥2 17% 22 *21% 22 21 32% 106 (Minn)— ..100 ,.100 ,100 100 *06 22% 66 10 *73% 30 80 2 25 com 37% 74 "80 37 '22 33 29% 22% 37% ¥4 3,900 37% 74 30%.' 80 *82 *37 22 37% 38% *79 22% _2 Inc Pharmacol 72% a 74 86 80 86 so *80 *66 70 73 V# ¥4 22% 5 preferred Norwich 14% 73 :_1 50 series—— $4.10 preferred series $4.08 preferred series.— $4.11 preferred series . $4.16 preferred series — Northrop Aircraft Inc 1 2,600 14% 34% . $3.60 preferred 72% Dec 33G 340 34 Common 84 %07 ¥2 340 33% 14 ¥4 14 ¥2 100 States Pwr Co 100 100 103 ¥2 84 *dl- 84 *81 *100 *307 34% preferred Pacific Ry 84 101 340 34% *14 ¥4 25 Natural Gas Co Northern 49% May 31 27 ' 103 340 ¥2 *81 84 *81 84 *81 a 34% Aviation Northern 12 5,600 33% common Capital Corp Northern Central Ry Co Northern 30 3,500 34 ¥4 2 Northeast 4 76% 35 Adjustment preferred 57% May 20 107 i Western Ry & 75% 10,700 34% —100 100 —100 100 5 — Share Corp Nopco Chemical Co 39% May 17 76 ¥ 78% 119 31% corn..No Niagara 3 50% Aug Sep 35% Oct 11 90 70% Jan 41 104 12 86% Apr 23% Jun 11 88 8 3 May 22 10 18% Apr 33% Feb 73% July 18 26 y4 Feb 7 77% Dec 28 May 83 >/4 % 1 o 118 26% No par preferred 4.10% Nov 28 Niagara Mhk Pwr Corp *77 ¥2 70 .31 ¥3 10o Jun 16% 78% 119 Va 16% 300 1,200 1 1 29 y4 Jan 16% 1634 *77% 76 Electric Gas Cor))—> 68 77 *75 77 —100 No par — series A_. 23 31% 31% 31 ¥4 118% 167a •78% 120 2t% _ __15 $3.75 preferred 1 16% 78 ¥4 120 77% 50 28 31% *75 73% *100 85% Feb *13% 75 80 117 "2 * 52 75 16% 314 ¥4' 119 ' 32 81 16% *80 5 — 12%; 75 77 76 *310 34% Feb 9 15% 13% No par 6 3,200 7% ...No par 69% Nov 29 16,900 48,200 9% *15% York Shipbuilding Corp State % 8 common 5 Vo 8 ¥2 9% preferred Common 1 % 8 7% No par & Harlem RR Co Preferred N 34 y# Dec 75 y4 Nov 1.200 13% _ Common New 4 ■ 8,500 35 45 35 % N Y New Haven & Hartford Co— 12% Nov 27 32 % Dec 75 34% 13% York N 74% 35% *15% Chicago & St Louis Co Mar 28 74% «6% 15% N Y 351 May 27 2,000 74 Va 6% New 9 5,000 20% 20 19% 1,400 *35 ¥4 1 Brake, Dock 13 38% ¥4 74 % 12 ¥2 10 non-c'um 38 35% 1 Mar 11 Jan 350 Air * 19% 19% 100 130% X127b 39 »/4 1 Apr 22 500 74 13 38% 1 a 87 $5 19% 19% 73% 130 ¥2 13 39% 9% 103 Mar 13 May 19 ¥4 73 ¥4 132 13 230 1 York Central... 26 19% 73% ' 5,200 *35 ¥4 England 35% Jan 100 132 19 —-—_——100 preferred 14 17 133 ¥4 v 72 ¥4 (J J) common—No par 25 July 25 107 131 36% ; Feb 23 133 ¥2 38% Electric System 1 pfd.100 10 Newport News Ship & Dry Dock 1 7 -131 ¥2 133 Co Fibre 27% Feb 3 33% May 18 <76 84% Jan 152 *12% Jersey Pr <fc Lt Co 4% Newmont Mining Corp 130% May 20 7 May 28 50 131% 152 12% New Nov 21 131 153 38% 1 Co Newberry Co 16V2 Apr 26 131 ¥2 153 12% Corp 3% 'fo 131 154 —1 Natomas 17% Mar 19 131% 154 .— National Vulcanized 11 15 130% 155% 37% No par _ Radiator.—. S 11 13% May 28 13% Dec 21 Jan U 30 130% 155% 12% Pa Inc Jan 8 9,600 18,400 93 5 Co (The) Theatres National May 17 14% Jan 19% 40 % *91 93 5 National Sugar Ref National 40% 40 *91 129 133 10 19 39T'a 19 ¥4 19 19% 40% 94 130 37% — 500 157 12% National Tea Co 10 *92 1 No par Corp Corp National Supply 9 39% $ 94 100 100 Corp 39,200 97 "95 94 *155% Natl Malleable & Steel Cast—No par National Steel 19% 19%} 40 39% 39% 128 5 . Service Linen National Shares May 31 7 preferred A preferred B 6% 23 36% Jul) 14 16 ¥2 Jan 12% Apr 1,000 27-% 27% 27% 96 20% *20 Ve 20 ¥4 27% 97% 95 '94 No par . Co common 19% 19% 18% 38% 1 common 5,000 22% 34 Vb 34% I: 10 Co $4.50 preferred 4 Jan 137% May 22 162% Apr 16 14% Sep 4 48% Oct 24 32% Feb 64 8 Jun Gas Gypsum Co 12,300 41% j 37% Dec 13 69% 22% ¥4 27% 97% *95 230 4,600 13 1 11,500 150 67-% 13 ¥» 97 ,27% 27 ¥# 27% 96 100 pfd series of 1951 20 % 27 34 ¥2 2,000 39% 38% 149 69% 69 1,300 6,400 34 33% 39 ¥» ;■ : 5.500 12% 12% ' ; i,6oo 67 Va 19% 12='b * 40% 23 40 66 ¥2 19% 151 150 16% 16 ¥8 16% 68 193i 105 310 47% 48 43,100 17% 17% 13,000 72% 230 *72% ¥2 74 72 % 73 7 2 »/4 *80% 83 *80 Va 93 *80 Va 83 *85 88 *85 88 '31 63 *81 83 10 *81 ¥2 84 81 *85 88 "85 88 *85 88 83 *81% 83 *81 % 83 88% *36% 88% *86% 88' '2 *85% 88% 88 % 88% 26 X25% 26% 25% 25% 25 ¥4 25% 25% 25 >,4 15,100 13% 13 7 1478 141/8 15 10,500 *81% 100 *86% 1 25% 10 13% 13% ,25 22% 22 V4 1-.25 33 Va 33% 14 13% ^22 , 33% • 22%; 36% *22 35% . a 23 -36%. 14 *22 23 *22 23 10 100 ' 35% 35% • "35 Vi' 35% " /■■,/ 280 116 116 34 34 X38:% 09% 22 % 5 Corp 16% % 68 19% 5 com..5 Department Stores Distillers & Chem 19% 19% 39*/# Dairy Products— Natl 154 : *60% 68 67 19% 16 ¥2 16% "16% 1 1 National 9 101% Apr Register National Mar 18 23 Ve Jan 13 10 5 : 16% 19% 100 Corp. 43% Jun 28'/# May 21 2 5 ——_—.— Acme Co National Biscuit Co common 6 163% Apr 15% Jan Jan 100 Chatt & St Louis Corp National 14 Jun 15% Aug 17 20 34% Feb Natco 8 11 179 21 Nov Nashville 4 80% Jan 130 16% Mar 19 17 150 8 18% Jan 10 42y« Apr 18 39% Jan 24 8 34% Oct Jan 29 May 15 : llSVa 115 116 15 V# Apr 29% Jun 27 62 114 66% Jun 105 May 10 July 16 July 25 24 16 y4 May 28 118 115 115 111 ; 65,500 , % ■ -■> . 100 • 15 -40% fi: 21 45 35 36% 22% - 49% 1,400 * 1,400 •. 26% 21 ¥a 35-%. 36% * 15% Inc. ———_ Murphy Do (G O—— Murray Corp of America—-. Munslngwear 21 22% 5 —1 —10 ———No par 14'/a Mar 23 Mar 15 50 ——.—_— 35 % May 42 % Apr 12 4 Motorola Inc 21 36 ¥r ' 10 —3 .—10 —5 —1 & Co 14y# May 14 35% Feb 13 21% 25^# , : * 38 25% 36 Va 49 34 »/# —1 Co, 24% 49% 210' 13% 49 ¥4 '24% 49% 37% ' 1.000 18% 37% ¥2 37% 24 ¥4- 48% 21 Montgomery Ward & Co——No par Moore-MoCormack Lines 12 Oil 38 38% 24% 48% 57% 21 Va I8V2 *13 24% . 500 ' * 21 ¥4 21% 48% 36% 15 *14% ,14'V- 24% 3*>% •' : 78 47%' Chemical— ——1,000 lire 22 31 78 23% *34% 2 40% Jan 42% Jan 78 13 ¥4 *13 11,700 19,100 Tb 9 67% 13% *13 3.800 . 40% 95b 67 V2 13% 15 7.900 2,900 68 ¥2 78 78 *77 V4 18.400 9 39% 9 ¥2 *67% 22,600 / ;; 57% 57 ¥0 : 40 •3934 9% 68% 13% 36% May 31 29% Dec 40% 9% *13 5 8 363s 9 9 ¥4 5b'« 19 11 32% Jan 36 9V<i 5o',a a 18% 19% Apr 30 4 36% 9 '2 57 7 14% 21% 26% Feb 11 37 v3 34% 35% Jun Jan 36% 36% 39% 36%' 19 1 18 52 37% 21% 38% Aug 45% Jan 50% 40% 68 77 ¥2 77% u-4 54% 39% ,9% 68 10,200 8% 8¥a b% 51% 8 14% 46% Apr 27 31 76% ¥ ¥4 54% 57 :■; 40 9% ¥4 2,800 9 V4 57% *67 5,500 J26% 18% 23 14% Dec x39% 9% 67 33 26% 21 ¥2 31 36% Dee 21 40% 9% 67 t 9 39% 32% 26% 36% 36% 8% 50% 400 23 3278 26 V* 18% 13% Dec 47% May 20 X35% it 8 430 32 ¥4 15 30% Jan 37% Dec 13 30% Jan 23 21: Sep 26 30% Nov 20 36% ,1 5,900 ; 2614 7% 39% 36% 50 " 22%" 21 % American 19 39% 56% 94Vi 89 *22 V* 23 22% »: 10,600 15% 15 Va 89 8 J ¥2 18% Moxneoatinl Mining & Feb 40% 8% «no 94% 15% 15% 89 2,600 6.500 ; 86 35 85 3 4 94 ¥4 94% 15% 93 108% 107 109 85 85 ¥2 54 8'.» 56 108% 109 4,900 f 32% 26 54% 33 y,7op * 40 ¥a 7% ,J 19% V. 31 % 26% 26 Vt 53% 7ii " 20% 15 ¥8 "1 55 *'• no :'',r 1,800 22% 81% 26% % ¥4 19 *94 ¥4 22% 31% 52% Montana-Dakota Utilities.Co——5 Montana Power Co (The) No par 12 *21% "100 s.100 *; 27 ¥0 20 19% '21%; Class B 39% Jan 26 22% 7% 26% 20% *89% 31% 31 ¥4 27 ¥2 18% 18 ¥2 Monsanto 4 92 *80% *21% ,;%;■ / / 20% 108 15% 90 38 27 ¥« 84% 95-' 15¥« 90 130 Va 18% 18% 86 *94% 96 14% 28 7,900 . < 47% ; 20% ,20 ¥4 t . ' 107% :; \': 84 27% 47 37 ¥2 "I 15 8 26'/# Mar 106 85 33 21% 12 23% Jun: 10 3 *18% 107% *94% ———1.25 111c—..— Tool Machine Jan 18 2 28 3 18% ■18% 38 15 Co Monon 38% Jun 11% Apr 30% Feb Jan •20% 17% 130 33 .v *129 ; 21% Monarch 9 28%"%. 20% 104% J31 37 % 129 37% 27%. - 20 131 : 33 1 47-%1 47 40% 1.900 37% *32 33 *32 32 • k H S/'.ares 431 '4 37 37% *18% Mojud May 13 28 : "20 43% 37 37 Va 45% „ ' 132 37% 33% 36% ,27% ;\j-/ 45% *130 130% 130% 45% ;:-: 43% 44 • 42 ¥2 No par 16 18 23 y4 Jan 17 51% Mar 19 38 32 ' Sales fer the Friday June 14 RR, class A————25 Apr 24% Apr 18 12 24% Jan 19 35 *32 ' 45 preferred —100 preferred -w———100 4.20'# 19% Mar 18 28 16% Nov 29 37 Industries Inc—.——_—5 3%% 1 22 83% Apr 22% Nov 29 33 y# Nov 43 ¥2 37% 44% Missouri Pacific RR class A—No par 12 22 18% Nov 29 43% 37% 33 100 preferred series A— 31 Feb 28% July 23 13 7% 6 11% Apr 8% Feb 88 2 Dec 65% Mar 25 44% Jan 29 76 8 13 11 y4 Feb 14% Dec 31 21 Jan 12% Jan 36% Mar 28 47% May 14 26 7y# Oct 14 12% Jan May 28 30% Jun 35 y# Apr 1 11 35% Apr 29% Jan 49% 1 91V2 May 31 79 30 3 2 30% Jan 16 11 98% Feb 26 Mar 29 22' 11 33 ■ Jun 86 12 42 V* Apr 25 V# Nov 21 -9% Dec 10 109 15 58 Apr 88 Aug 30 36 y4 Jan 17% Mar 21 29 73 y2 Jan 75% May 10 4 i i Feb 24% Jan 105 21 13 y4 Oct ■( 95 43% 37% *31% i common—_—5 9% 1st preferred —-——-100 Midwest Oil Corp ,—<. 10 Minerals & Chein Corp of Amer—1 Minneapolis & St Louis Ry—No par Minn St Paul & S 8 Maries—No pai Minneapolis-Honeywell Reg 1.50 Minn Mining & Mfg com—,-No pai $4 preferred * _ 1—No pai Minneapolis Moline Co common—1 $5.50 1st preferred—r_ -100 $<i,50 2nd conv preferred——25 Minnesota <& Ontario Paper——2.50 Minnesota Power & Light——No par Minute Maid Corp___ — 1 Mission Corp —4.—1 Mission Development Co— 5 Mississippi River Fuel Corp 10 Missouri-Kan-Tex RR com—No par 4 25 y4 July 17 , . Feb ; 36% Jan 56 . 42% 36% 10 Inc Midland Steel Prod 49 % May 24 49% Dec 31 i 42 5 — Utilities South Enterprises Inc— Ex $25 distribution 3 40% Jan Apr 26 38 29Vt Feb 20 26% Dec' 5 I Midale Midland 30 Jao 142 Miami Copper 10 5 50% Jan 2 Mar 12 47 May 28 Dec 7 41% Feb 90% Jan 13 42% Dec 12 Dec 5 6 61% Sep Jan 20 47% Jan 26% Sep 26 Par EXCHANGE Highest Lowest Highest Lowest ' June 11 June 10 HIGH SALE PRICES Wednesday Thursday June 1'i June 13 AND Tuesday Monday STOCK YORK NEW Range Since Jan. 1 Hear Litab LOW STOCKS • 10,300 Number 5647 Volume 185 . . The Commercial and Financial Chronicle . (2821) NEW YORK STOCK EXCHANGE STOCK RECORD • Range for Previous > STOCKS Year 1936 Lowest Dee 14 90^ Dec i 13 78 < 58'A Aug 13 48% Feb 4 91 5 79 Jan Jan 18 110 Jan 11 92 Vt Dec 31 109% Feb 10 4 47% Apr 34'A Jan 10 *? 171V: Nov 3 38 July 10 19% July 13 104 .Jun 1 26 Jan l Co Par 4.44% 94 79% r 523* 94 .100 .100 80 .100 *90 4034 93, 42% 44% Jan 4434 Jun 14 4 14 18 : ; Jan Jan 97 Jan 3 28% Mar U Ohio Oil Co,.--,. __No par Oklahoma Gas & Elec Co com 10 4% preferred20 Preferred 4.24% series 4—100, - . 15 4334 4334 Oklahoma Natural 7 Gas_ J 94 % x92% x79 79 . 7.50 ^.-> 17% . 90 , 2634 2734 51% 54% 11834 93 *90% 93 92% *90% 92% 4034 413V 37,700- ;.44% 44% 3,900" 173V 309- 91% *90%„ 92% *90% 41% 4234 44% 41 17% 44% 17% 44% 44 *86% 17% *86% 90 26% 27% 27% 53% 41% 443V 44 <■ 90 27% i 27 54 58% 220 80 *86% 27% 5434 93% - 1734 17% *86% 2734 54% v *17% ' 90 53% . *78% 93% i,*17% — 9,000- ? 80 ♦9034 . *17% 7*86% 5234 923V 94 *78% *90% 4234 52% *92% t 93 91% the Week Shares - June 14 5234 5234 94 79% *91 ' 4134 . . June 13 5234 52% 94 91% " 52% 5134 Sale* for Friday Thursday June 13 79% 1 *91 /• (Wednesday June 11 51% ,——100 — Tuesday > June 10 12 common preferred-.—preferred^— preferredpreferred-. 4.56% 103% Mar May 28 26 Edison 4.40% 99% Mar 25 5 17% Mar 25 89 29% July 16 3 Jun Ohio 3.90% Jan Monday EXCHANGE 29 89 91% May 24 35% Feb 11 43 1 v°7%M&y29 •a:3%Jan 192 2 LOW AND HIGH SALE PRICES NEW YORK STOCK 52% May 9 101% Mar 18 May 23 100 Dec 33% Jan 12 110% Jan Dec 20 95 Range Sinee Jan* 1 Lowest Highest Highest 110 90 ' 89 27% 3,900 Olin Mathteson Chemical Corp— > 48 Nov 29 623* Aug 105 Nov 20 130% Aug 2 May 28 8034 Dec 31 173s Jan 9 107% Jan 9 -11 v 331A Feb 14 42% Feb U 2 105 58% Jun Feb 13 124 ,11% Feb 12 82 50% July 26 Jan 39% Feb 12 Juiy~23 16IV Sep 10 17 Mar 26 59 Nov 20 91; 60 NoV 27 84 July 5 July 11 50% Mar 27 57% Jan 18 2 / 98% Dec v 35 Jan 90 Nov 30 , 106 6 Oct 102% Jan 73 18 92 Conv ,■ Overland 13 , Otis Mar 13 l< 96 Jan Apr Jan 2 483a 4834 483a 48 4834 3534 353V 3734 3434 3634 —No par •78 80 7834 53 — 15 $5 v 1634 5434 6134 9334 9334 40 40% No par ,60: *92 , 9334 4034 40 4034 740% •92 93 *92 93 7 5434 ' 88% V* -: 16% 77 16% 500 > * 5434 543 a 10#00 130? 61'/a 61 61% 93 93 t; 92 92% 39% ; 40 * ' 40% 40% 92 92 •92 93 5*70074,500 * 54 % 61 V 100" 343a r 77 1634 ' 14,400- 48% 3334 '•• 78% • 543V • •48% 48% 78% 16%; , 4,70a. 12% *8734 3o *16 34 6134 76134 9334 59% 7 603a 92% 9434 15 preferred- 1634 5434 193*900"- 120 -113V 89 48% / 7834 16% 5434 * -100 Paper Co common— *78 16% 5434 ~ 6.25 " 4% cumul preferred— 80 16% 119 57% 1234 3334 '• 55% 124 11% *87% • 8834 *8734 (The)— —1 Flberglas - Corp_ 1 Corp 118 : 12 11% 88% ; no 119 12 48 Co Oxford *8734 33 Owens-Illinois Glass Co 43 11% 87% 30c Corp new— 6 643V Mar 104 11 119 12% 873a 6.25 Marine Owens Corning 14 , 119 11% l0o * Elevator— Outlet *118 __1 4% % convertible preferred 3 Jan 91 9 preference 1951 series—100 *" 85 Jan 15 16% Jan 10 .68 5 Oliver -Corp common—— Outboard Jun 36% Feb * 51% May 27 13 90% May 31 49% May 22 373V Jun 11 29% May 28 Apr 2 16% Mar 27 Ma y Jun Common 13% Jan 11 3 95% 77 \ • 13 93; 24,600 1,200 2,2005. v 20 . 'V, ' 9% Jan 16% Oct 10 17JAJan 22 23% Feb 17% Jan 22 27* Nov~27 22% Jun 10 40 Jan 33% Jan 19 ' 16 53% Mar 28 2 i* 35 % Nov 29 ! 16% Jan 4 2834 10 Oct 5 17% Jan 22 31% Oct 31 -47 12% May 29 14% May 23 2234 Jun v 40 Jan 48 12 Apr Jan 5% 9 43% Apr 51% Jun • 13 V 9 5% Jun 6 21% Mar 20 1434 Jun 7 7 % Apr 22 19% Jan 4 13 53 Dec 26 103 6% 36% 100 Consolidated Corp. Airways Inc Panhandle East Pipe Line— 48% Feb 12 Jan 6 88% Jan 2 3 28% Jan 2 29 42% Dec 10 39 % Jun 12 45% Mar 29 Common 16 4% May 17 J - No par 4 57% Apr 30% Jan 17 42% Feb 12 8 9 2234 Feb 12 55% May 13 26% Jan 2 12% Jan 23 17% Dec 20 16% Jan 18 22% May Parmelee 3% Oct 6% Mar 12 2 10% Sep 26 27% Sep 26 25 10 Mar 27 12% Jan 37 21 26 Mar 27 " 31 Jun 2434 Jun 37 Nov 27 "2434 Mar 26 Oct 11 2834 Mar 27 7 Jan 27% Jun Jun 28 9 4834 July 11 32% Apr 24 40% Jan 2 16% Jun Nov 30 13% Jan 1534 Jun 13 55% Jan 21 66% Jun 13 49 % 61 Jan 18 4534 Jan 23 66% Sep 49% Feb 29 68 Dec 12 43% Nov 26 48% Jan 3 May 16 43% Feb 25 2 94 92 % Dec 27 112% Mar 91 Dec 19 109 21 Nov 29 28 11 Dec 6 Feb 29 Jun 20 Jan 5 101 8% Jun 13 13 21% Jun 27 31% Jan 13 20% Jun 12 32% Oct 35% Feb 6 33% Apr 12 45 9 Apr 64% Apr 9 96 Jan 3 v 26% May 18 18% Jan 45% Nov 20 54 Dec 27 105 16% Oct 3 Mar 1 22% Apr 12 7% Mar 12 2 3% Nov 26 37% Feb 93% Oct Jan 17 4 107 13% Jan 9 8 2 20% Jun 4% Jan 17 95 Jan 51 Feb 19 40% Mar 23 36% Jan 18 3/64 Jun 10 26% Mar 14 2 11 20% Dec 25 97 Pfizer $1 11234 Jan 13 98% Jan 2 17 102 Feb 24 85 Jun 6 105% Apr 94% Feb 1 12 4.40 (ic 84% Dec 93 Dec 14 106 Jan 4 94 Jan 3 104% Feb 19 4.30% 103 Dec 10 109% Jan 10 3 4.68% 17 Jan 23 2934 Nov 19 16 Dec 5 64 Dec 26 91 Feb 1 47 July 11 39% Oct Dec 14% Mar 3 62 91 3 Mar 106 Jan Phila 183V Apr 15 68% Jan 16 Mar 25 Philco 45% Mar 74 82 10 76% Jan 24 10% Jun 5 Jan 3.80% 31% Apr 22 1 41% Jan 21 94 %Mar 12 78% Nov 27 71 103% Apr 10 24% Feb 12 36% Mar 13 3.90% 77% Feb 4 10 13% Jan 3 94% Jan 21 96% Jan 2 46% Oct 1 5634 Dec 10 43% Feb 53% Jan 4 8 % Dec 31 1234 Jan 18 16 12 Oct 9 45 Jan 3 7034 21% Apr 23 69 2234 Feb 9 28% July 25 21% Feb 11 86 Dec 26 96 10 85% Jun 7 93 89 Dec 7 100 6 98% May 15 13 4 50% Nov 19 89% Feb 32% Feb , 163* Jun Apr Apr 37% Apr 20 16% Feb 12 27 27 27% 26% 20% July 27 8 5534 *27 2734 6334 643V 59 59 43% 4434 94 94% 10 40 1 Oct 23 8434 Apr 9234 Apr 4 8134 Dec 7 23% Nov 19 Dec 28 132 36% Jan £4 90 Dec 31 ~ 13 Jun 25 Feb 90 Dec 16 Apr 20 31 3 11 21 26% Jan 30 26% Mar 14 3 37% Jan 4 48 363s Jun 14 40 72% Jan* 22 Jan 8 $3.50 30 Jun May 14 May 20 May 9 79% Mar 19 . $4.75 cum 27 92 Feb 92 Mar 13 7 95 Feb 1 24% Jan 21 80% May 22 59% Feb 37% Feb 66% Apr 24 4834 Jun 6 12 X22% 48% 9634 *96% 97 X20% 2034 20% 20% 20% 20% 1934 4% 434 4% 4% 4% 43 a 43V •43V 15% 64 43% 4.16% 4.20% 983 a 85% *85% 28% 440 86 96% 9634 104 104% 27% 28% 4234 42% 43 42% 78 *77% 78 *77% 74% *71% 75% *72% 50% *8% *72% 75% 10 % 10 % 10% 11% *94% 97% *94% 97% 51% 5034 5134 50 % 51 , *8 10 834 41% 92 92 19% 19% 19% 19% 67 67% 68 24% ♦90% 39% 18% 18% 87 *85% 98 95% 95% 40% 40% 40% 18% 18% 18% 4,400 10 , 2034 19% 20% 3,900 683V 68% 68% 2,800 24% 25 5,200 25 2534 85% 85% *8534 88% 98 ♦95 98 " 1 200 42% 92 1934 25% 87 41% Q4. 7,200 103,400 *67% 69 ' 834 42% *90% 19% 66% 75% 41% 9% 41% . 66 25% 10,000 78 10% 19% 24% 110 4234 *77% 78 97% *8% 9% 41% 93% 35,100 51% 51% 40% 10,700 1534 64% 10% 97%* •92 28% *94% 10% 49% ' 15% 64% 16 64 % 43 % 110 210 42% 15% 42 % 80 9634 104 19% •95 40% 183a 41% 42 183V 1834 40 100 42% 7,700 18% *146 155 •146 155 •146 155 150 150 *145 140 140 140 140 139 139 139 139 *136 64 82% 83% 61 G13V 60% 62% 63% 64% 64 6434 80% 823V 81% 82% 82% 83% 7% 7% 8234 7% 83% 73V "■""•7% 7% 734 273V 2734 273V 28 %, 283a 28% 28% 773 V 78 78% 79 77 77 *77 813 V V 813V 82% 2034 2734 •130 743 V 2734 138 79 1093V •81 2734 ♦130 793V 110 823V 28 138 82 3V 115-»».» ♦81 2734 130 8234 *114 130 8334 117 73V 28% 78% *77% 78% ♦81 82% *81 82% 28 28 % 28 28% *130 82% ♦114 • •130 137 82% 83 119 114% • 210 4,800 11,400 2,200 11,400 7% 28% 7% 29 10 I 140 64 4,300 < 155 140 100 ; 2,800 20 137 83 11434 13,500 1,600 - 18% X1734 1834 1834 1834 1834 1834 1734 17% 9,800 373a 3634' 3734 36% 37% 36% 3634 36 36% _10 25 34 26 2534 273V 2734 283V 27% 28 27% 2734 6,800 6,100 ; lo 2134 213 V 21% 213 V 2134 213a 21% 21% 21% 213a 3^00 2 47% 4834 4834 4834 48 48% 48 48% 4734 4834 114W0 com. .5 834 8% 834 No par *6934 : preferred—— —10 100 25 70 70 3V 47% 473V 38 3834 47% 383V 38% 753V 753 a •743V 2334 223V *22 preferred 25 *21 2234 100 *114 1143V 9 *6934 47 preferred *203u ♦113 8% 8% 834 *6934 7034 69% 47 473V 3734 38% • 7034 47< 36% 37% 73% 74% 76 •743a 76 •22 23 *22 22% 23 223 V •21 2234 *21 1173 V ♦111 117% *109 117 % - 8% •69% 9 47 3634 37 5,200 14,900 72% 73 100 •22 21% 23 100 21% 200 *108 1173a 30 "3034 303a 30 303a 2634 26 26% 87% ♦87 87% *87 *86 883V ♦86% 88% *86% 88% *9034 92 *903-4 92 90% 37,600 87% 9034 30% 303a 2634 263V 263s preferred 100 preferred ——100 4.30% preferred 100 Puget Sound Pow & Lt Co———10 863V 873V 87 87 *87 *87 883V *86 88% •90% 92 •9034 92 2534 26 283a 29% 29 29% 2934 293V 293V 29% 29% 6134 63 6234 6234 63 633V 63 63% 63 % 6334 5 44% 483 V 473 V 4834 47 34 48% 463s 473a 4534 46% 18,400 110 "lo 2934 No par —— 120 46% 2634 30% 263V _ 9,100 70% 3034 303V 4,18% •■47 9 223V No par (The? 983a 86 6434 47% 24% 9834 8634 16% 10% 24 100 99 64 % com—No par Oil 28% 28% 721,300 15% *94% 4.08% Pure 104 12,300 5/64 2034 18 preferred Pullman Inc 9634 98 104% 37% V«r 2034 *63% *71% 10 100% 40 5/64 63% 74 % 41% 3734 13,400 17,900 21% 16% *77% 93 % 3734 TTU *2034 29 10% *8% 3734 21% 15% 97% 40% 5734 28% 78 *92 94 57% X63 % % 10 5834 94 5/64 *104 '2,100 4% 5834 37% *97 98 104% *104 10 4,600 5834 3/64 85% 700 20 5734 37% 100 19,900 49 97 95 5834 *20% 37% *97 98 58% 4834 •95 57% •94 95 56% 5634 37% 7 ♦94 95 5534 &»% 58% 59 57% •94 ♦94% Public Serv Co of Indiana—No par 3%% 22% ♦47% 96% 48% 800 363V Public Serv Co of Colorado 4.32% 22 2234 48 9634 2034 *71% 10 2234 22% 48 *95 50% 42% 2 22% 223V 4874 97 *76 5 *75% 80 109 3V preferred $1.40 dlv preference 15 5 22% *75% 80 75 2.50 Pub Serv El & Gas com 13 IOC *75 28 7 a 25 :_r Inc 4 14 28. Gamble 4 85% Jan nas-e & Publicker Industries 7 86% Jan 5134 Apr Procter Feb 4 16 Jan 80 85 15'.« 1 1 Co 82% Feb 4 Feb 15 90 8c 29 » 7,700 80 80 —5 13( 25% Jun 46 100 preferred 14 35% Mar 8 32% Jan 10 4534 64 —5 Plough Inc Plymouth Oil Co 24% Feb 23% Feb 118 Feb 15 3 For footnotes se* 30 14 10634 Feb 15 293s July 25 74% Jan 3 1 Jan 38 21% Jun 89% Dec 62% Oct 9% May 15 71 111% Jan 10334 Feb 50% Jan v 2 1 JUly 25 120 104 22% Jan Mar 33% 45% 28 1 44% Jan '28 85% Dec 26 17 (The) convertible 55 64 33% 45% i 100 Pitts ton Co Potomac Electric Power Co 4934 July 25 40% July 24 88% Mar 29 Dec 12 16 May 24 3334 46 34 104% Pittsburgh Plate Glass Co 10 Pittsburgh Screw & Bolt——! Pittsburgh Steel Co common 10 5% preferred class A 100 5%% 1st series prior pfd 100 Pittsburgh & West Virginia—100 Pittsburgh Young & Ash pfd—100 22% Jan ' 23% *33 % 453a *97 2.50 13 2 24% 3334 46% *104 -1 21 7% Jan ' 13,200 20% 3334 20% 33% 2034 3334 4534 40 Poor Aug 10 2034 9% 934 34 40 10 Feb 20% 8% 9% 9 46% 21 *95 31% Jan 3734 D0c 10 35% Nov 29 82% Dec 115 12 10 *85% 10 1 2634 Dec Feb 9% 98 25% Jun 74 31 Mar 13 9% 87 38% Aug 20 233* Mar 23 63% Dec 27 5 87 14 190 934 46,300 66,500 *95 7 2 Nov 29 8334 Jun 93% 21 % *85% 3 6 1034 May 21% Dec 603V Mar 13 600 93% par 11 11 168 Mar 29 300 21 100 -No par 1 —— Jun Dec 22% Dee 26 23 2834 May 10 135 95% 5 Jun 21 31 4 95% 100 38 23 Dec Jan 96% 4,500 93% 100 20% Jun Jan 71 -23% Feb 25 95 5,400 61 *58 21% 22% 3 31% Feb 11 22 ■< 7 130 1 96% par ' 40 V4 Apr 7% Dec 31 4 80% Feb 85 Jan 80% Mar 12 713* Nov 19 30% Jan 23 45% Nov 15 27 37% Jan 7534 Jun 353s May 14 155 10 83V May 17 26% Mar 18 6 95 r 21 100 Pitts 78 94% 85 % 2 12 94% 100% 6 7% Feb 44% 85% Feb 3 44 100% 68% Jan 85% Jan 17 4434 85% 150 10 59 44% 100% Jun 39% Dec 59 93% 85% 139 9634 Apr 8% Sep 65 9434 *100 170 „ 66 14,000 18,100 24,800 '' 21% ♦75% 100 21 9 1534 65% Vif Dec 10 34% 64% 450 79 % 1534 603V 6434 21% Metallurgical Inc 78% ,34% 4434 3/64 140 10 663a * 44 64% *20% Pitts Ft Wayne & Chic Ry com.100 7 % guaranteed preferred 100 Jan 3434 1534 v.. 13 6% Feb 15% 20% Jun 24% Feb 80% 34% 37% 150 -74- 79% 3474 153a l'<) Mar 15 12 2,370 94 5534 144 5234 Feb 12 75% Feb 19 27 203V *94 16 17 .' 7934 79 400 27 27 9234 434 163% Jan 23 ; 27 2034 20 11 Jan 27 33% 20% Pittsburgh Forgings Co 27 % 27 % *2634 34 Dec 69% Dec 271/4 *2634 ' *59 $5 convertible 20% May 16 27 45% 100 Pitts Consolidation Coal Co- 27 27 61% 4434 $4.80 7 16,100 56% 27 9234 2034 common—1 preferred— -No preferred (conv)— -No 56 553V 2034 49 j 553V 56% 273a 500 92% *95 — 2,700 14,400 20% 100 1 5 ; 27 934 100 33 %c Hosiery 27 20,100 203V 5 common 2634 4% 92% 25 preferred 2634 2734 55% - 37% Corp 27% 43% 6334 ■ 27'/a 15% 79 , *59 v 11 28% 1532 15% No par 100 100 50 334 1034 4 33% 77 3334 434 11% 27% *27 2734 2,900." 34200/ 10% *2734 43V 27% 2734 2734 ♦2674 2734 .No par Jones 18,100' 28% 4 56% 27 28 28% 149 373V Feb 13 5534 56% *27 *27 153< Pitts Coke & Chem Co com. Mar 26 463V Jan 2034 5534 preferred Piper Aircraft Corp Pitney-Bowes Inc 12 20 / No par $4 27% Mar 20 Jun 20 26 Pillsbury Mills Inc common- 22 20 3% 78% Phoenix Jan 20 X20 33% 3 May 2034 . 15% 6 53 5 24% 20 10 5434 24% * 7634 1034 Mar 15 May~~l Feb 5334 24% 3234 44% Jan 4 18 89 Feb 5334 24 l 94 8% Jan 40% Feb 3 18% Mar 12 102 89 3 59% Jan •40% Dec 17 53 24 2834 preferred Phillips Petroleum 40% 5334 28 5% 15% Jan *383V 24 54% series Phillips 99% Mar 14 May 22,400 5234 28 preferred Reading Corp—— 20 353a 52 34 2834 Corp common— 16,600"- 89% 243B 1 -10 Co common 5334 *87 t 18,000 34% . 5134 28 (conv) 53% 89% 35% 40% 2334 11 preferred preferred & 8 12% May 25 96 *38% | 90 7,900 143V 2334 25 preferred series A— Philip Morris Inc common— 4% preferred ; 12 39% 1074 3%% 6 Feb 39% *87 300 i 1,870 6%"./ 14% -1 5134 conv 9634 Dec 28 353V (Expire June 25%. preference 00m—.No par 100 preferred Rights 6 3634 .—12.50 Phila Electric 5 Feb 89 5,500/. 133 5334 53 34 1;600.. 36% 283V " / *131% 6% 52% 5134 3534 1,100 * 129. 6 89 1,500- 23,500- .128% : 15 2,300 ' 40 *28 14% 42 *3934 —No par & Co Inc 133 36% 1974 Sand (Chas» 7/64 Jun 23 634 1534 4% 11% _ & 4% 2nd preferred Phelps-Dodge Corp 40% May 21 20% Vnv 14 42 -36 2834 5234 36 % 3634 ? 128%- 129% 93 52 *89 93 / 1434 20 Pfeiffer Brewing Co— 3 Feb 63% Jau 5 35% Dec 59% jun 10 76% Mar 19 5234 634 > :, *131% 11 preferred Petroleum Corp of Amer 15 6% 132 *36 23% j *27% 334 4%% 7 132 132 28 12934 15'/a 25 Pet Milk Co common. 98% Mar 23 Mar 11 54% Jan 23 Apr Feb 25 35 3% Mar 12 42% Feb 12 51% Oct 26 10 7 49% Apr 24 85 Apr 26 24% May 9 52% Apr 22 45% Feb 25 93% Jun 6 18% Oct 24 92 25 25% Jan 11 Jan 22% Jan Feb Glass Power 28 12934 ? ' "23% 233a common—No par 25 Corp Light com 4%% preferred 4.40% series preferred Pennsylvania RR Penn-Texas Corp common $1.60 preferred Peoples Drug Stores Inc Peoples Gas Light & Coke Peoria & Eastern Ry Co Pepsi-Cola Co 29 1938 Jan SepTsT Penna Penn 132 12934 11% Penn-Dixie Cement Corp 9 •28 X12834 334 Pennroad Corp (The) Pennsalt Chemicals Corp.: 7 106 17 1 Jun 10 92% Jun Mar 29 Telep preferred$1.30 preferred. Penney (J C) Co 45% Jan 36 34 363a." 28 ; 7 ,36 3.50 $1 preferred— 85% Mar 13 2 36' 513V 36% 1034 $1.82 May 31 40 3a 5034 7 5034 5 Peninsular 5 28% May 16 51 403V. 5134 5% 1 Fenlck & Ford 4i 28% Jun 13 57 . 11 20% Mar 22 101 30% Jan 23 64~ Apr 10 2434 4074 51 14% No par Peabody Coal Co common— 5% conv prior preferred 243V 40 49% 23 4034 - 25 Transportation Patino Mines & Enterprises 2 25% May 1 25% Apr 29 7634 Jun 10 29% Jan 78% Nov 29 13 3 39 4134 Mar 12 29% Dec 21 3534 Nov 14 26 1 4% Jan 24 3% May 22 14% Jun 2434 23 6 *39% 1434 24% /.:• ; 15 35 23 % Jun 11 3634 283a *90 40% Jan Aug 27 36% Jun 14% 24 513 a • 200 1234 1434 2334 41%,.■- 5% 100 preferred Paramount Pictures Corp ; 1 Park & Tilford Distillers Corp 1 Parke Davis & Co —No par Parker Rust Proof Co —2.50 - 23% 223V.fi' 5034 1 1234 13 143'a.' 1434 23 1434 7 1 Pan Amer World 36% Jan 56% Jan preferred Pacific Tin 27% Nov 29 95 —No par 1434 23 50% 51 c/ . t 41 132 137% Mar 12 31 -507a 1434 223a 42 132 2 Dec 41% 132 128% Jan 86 10 26 — 131% 9 48%- Dec 1434 *223i *2734 152% Feb Mar 25 1434 *1234 13 *1234 13 ♦2234.23 2234 22% No par 128 9 1434 13 Pacific Telep & Teleg common—100 33% Jan 132 Jun C% Dec 28 16% Jaii 27 preferred—; 13 9 27% May 20 123% Jan 2 -r *1234 7 54 Jan 12 142% July 16 26 5 Pacific Lighting Corp Pacific Mills— : 30 % NOV 29 ' 122% Sep 28 * Deo Inc Pacific Finance Corp— /Pacific Gas & Electric 8 39% Apr 10 l Fisheries Amer Pacific Cement So Aggregates Inc—5 Pacific Coast Co common..— 1 2 26% Jan 3 35% Mar Pacific 31 > 5,300 3,700 : 50,400 25 Financial Chronicle The Commercial and 26 . . Monday, June 17, 1957 . (2822) EXCHANGE STOCK RECORD NEW YORK STOCK Lowest 2 130% Jun 12 37% May 29% Dec 26 33% Nov 23 50% Mar 22 31% Jan 70% Nov 27 14 20% July 11 59% Apr 12 44% Aug 3 68 Jun 17 Mar 22 130 Nov 21 Feb 138 29% Jan 26% Mar 26 87% Feb 4 is y8 Dec 53% Jan 23 28% Nov 29 ; 13 14 37 % Sep 24 7 34% Jan 11 11 y2 Mar 14 15% Apr 12 16% Mar 15 ii y2 Dec 26 Nov 27 6 27 3 30% Apr 18 64% Apr 28% July 19 5 Nov 27 43% Jan Jan 61 11% Dec 12 12% Jan 8 42% Feb 13 34% Dec Reis Jan 18 30 Mar 29 Relianoe Apr 17 62 Feb 1 32% Jan 10 series Republic Aviation Corp Republic Pictures common $1 convertible preferred Republic Steel Corp 5% Jan 31 48% Feb 46 % Mar 29 13 85 3 27 49% Mar 19 42% Jun 12 70 1 Apr 26 81 Sep 7 Apr 26 89% Jan 16 105% Jan 11 57% May 12 21 Dec 91 17% Dec 54 Jun 14 70 Oct 68'/a Jun 75%. Jun Jun 15 14 2 82% Jan 22 11 99 s Mar 11 21% Jan 3% Apr 4 23% Jan 27% Dec 10 Feb 9 Dec 19 510 Nov 28 105' 27 362% 90 91% May 16 24% Feb 12 96 13 11 10% May 14 13% Jan 44% Dec 31 39% Feb 12 60% Jun •36% July 16 38% Apr 5 30% Jan 2 26 35% Nov 29 27% Feb 9 Dec 28 :40% May 16 30% Apr 23 11 Ruppert 12 76% Jun 6 25 (Jacob/ 14 Nov 30 80 Feb 112 13 38% Dec 24% Dec *27 ',{ 27% "57% 59% *57% 59! 2 *57! 2 59% 25% 26% 25% 25% 25%' 25% 155 Jan 5 40% Feb 9 18% Jan 17 Jan 19 37% Mar 29 12% Jun 8 Dec 93 29% 12 44% Feb Oct 18 48% Jan 12% 12% 12% 700 56% 57-s 57 57',4 51,900 36% 36% 36 36% 35! 2 36% 4,600 24% 25% 25% 27% 27% 28% 111,400 36% 36 % 36% 23% 23% 24%'% 9 9% 9 9% 43% 43% 43% 43% V 54% 55% Feb 23% Jan 29 39% May Jan 17% Jan 29 18% Feb 13 23% Jun 13 48% Feb 13 96 15 75% Mar 57% Nov 29 77% Dec Dec 12 90 21 78 Dec 28 Dec 28 2 86 4 102 64% Jun Schering Scott Corp —_i—^ 91% 90 90 90 90 18 18 % 18% 18% 18%" 18%" 2% 2% 2% 2% 2% 2% preferred— $4 preferred $3.40 Mar Mar 44% May ' Jan 7 83 May Scovill Mfg Co common 3.65% preferred ^ 11 36 Jan 19% Feb 29 16% Feb 13 17% Jan 54 V2 Feb 12 75% Jun 11 28 28% Dec 20~ 36% Jan 1 21% Feb 29 7% Apr 14 29% May 22 Sears 73% 74% 72% 73% 71% 72 % 5,100 29% 30%' 29% 29% 29% 29% '3,200 *25% 26% *25% 26% 100 26% *26% 5% 5% ; 33% *38% 23% 28% 28% 28% 398% "34 % 96 ^ "94% 400% 9j 96 3 3% Jan 8 4% Apr 26 Mar 15 7 6OV2 Apr 18 17 23% Nov 15 50 Apr 42% Jan 16 Feb 6 26% Jan 2 43 V2 Nov 39% Jan 8% Dec 59% Dec 14 10 100 V2 Aug 58% 59% 38% 39% 29% 393» 40 15 33% ' 75 753« 8 24 7« 25 203a -03a' 20% 270 ' ' ." . 15% Jan 7 45% Jan 39 55% Jan Shell May 21 93 Oil 26 55 V2 Apr 26 Sheller 94 34% 92 34' *91 % 92% 20% 20% '20' . 15 15% 15% 23% 22% 74% 81 % 80%. 77% 21 21% 21% 21% r 21! * 60% 6i 61% 61% % 30% 84% 84% *84% *96!2 98% 97% 84%':'' Va 98 " ; 84 *82 31 30/8 31 *82 '* 30-% 4 17% 17 V2 17% 74-. 74% 74%. 12% *12% 25 17 Vs Jan 1 12 8 52% Jan 24 73 Dec 17 61% Feb 13 80% May 27 Skelly Oil 50% Feb 10 67 Aug 3 60% Jan 21 84% Jun 12 Smith (A 24% Jan 3 46% Jun 7 35 51% Jun 11 Smith-Corona 16% Nov 29 32 % Jan 12 167-8 Jan 17 2 20%. Jan 11 Smith-Douglass 49 % Sep 64% May 10 47% Feb 13 62% Jun 12 Socony Mobil 24- 17 Vb Jun 7 21% Jan 18 Solar 6 IOVb Jun 6 July 10 Apr 18% Jun 6 7% Dec 13 12% Jan 24 \ 17% Jan 12 20% July 31 1874, Jan 2 23% May Dec 21 53% Jan 16 46% Jan 9 51% Feb 24% Jun 20 35% Nov 15 32'/2 Mar 27 39% Jan 33 Dec 12 40% Jan 45 Nov 21 7V2 Mar 51% Jun 13 2 35% Jan 25 Southern 2 24% Jun 12 32 18 30%Jun 6 39% Dec 31 38 Vb Apr 1 44% Nov 29 58"Vb Mar 23 42 Vb Feb 12 38% Oct 1 49% May 16 40 6 20% Jun 17% May 10 1 4 24% May 15 28 Va July 19 17% Nov 21 20 Jan 17 6% Sep May 28 4 12 47% Jun 25 '73% Jan 95 % Nov 30 103% Mar 16% Nov 1 21% Nov 29 96% Dec 31 11% Dec 19 Jan 16 May 21 2 July 17 3 83% Jan 17 3T% Deo 7 For footnotes see page 28. 10 45% Jan 8 19% Feb 4 Jan 17 81 , 33!8 May 27 18 Vb Jan 10 7 28 25 55% Jun 12 12 94 Va Jan 9 25 19 Vb Jan 14 Feb 17 467's Jan Jan 91% Jun 40 May 27 46% May 23 6%; Jan 4% Mar 27 45 % Apr 70% Dec 28 26 6 22% Oct 1 10 22 18 29 Va Apr 16 Va Jan 78 % Apr 3 24% Mar 20 105 May 28- Jan 63 % Aug 17 Dec 27% 27% 26% 27 74.300 *13% 14 2.700 13% 3% s 21% 20% 57! 2 58% X55% 50% 47% 49% 43 4.200 29% 28% 27% 65 Feb 12 24% May 94% Apr 26 98% Jan 15 10% Jun 10 12% Apr 11 Jun 28% Feb 20 68 29% x28% 18% 18% 12 % 12% 29% 9 34 ■»«»!<. rttn 7 12 35% Jun 11 29 Vz 80% 29% 29% *29% 29 3 4 2.900 '.' 46% 46 % 46 46% *45% 46 *77% 78% 77% 78% *77 78 66% 6578 66% 65% 66% 46 3 78 • 4 75% 74% 81 82% tj% 48 18% 19 59 62 25 Co (Del) 7.50 —No par " Southern Railway common No par 20 Mobile & Ohio stk tr ctfs 100 preferred Public Service Co Spalding (A G) & Bros Inc Corp ... 1 1 .2.50 No par Spencer Chemical Co common 6 4.20% preferred 100 Spencer Kellogg & Sons 1 Sperry Rand Corp common 50c $4.50 preferred 25 Spiegel Inc common ; 2 $4.50 preferred No par $5.50 65% pfd _ 5 - 22 VB 33% *33 22% •; r.. - •> 49% ; 34 Va 45.000 19% 19% 3.700 61 % 62% 49.200 17% 18 19% 19% 19%. 19% 62% 61"% 62 18% 17 3 A 18 17% 18 9% 10 9%- 22 % 22% <-47% 22% 34% 35%, 24% 30% 43% 4 -i , 32% 17 5 65 33% 100 51% 51% 51% 9.800 24% 24% 21.800 30% 44% % 43 44% 79 V 78% 78% 31% 44% 44-a 18.200 44 % 44 45% 35.800 42% 18% *78% 45 43% 42% 18% • 44 % 42 32 ... 42 34 42 % 42% 13.100 18% 3.900 " ' 18% *78% . ' 32% ' " 16% 4% / *58 60 16% 1.500 30% 30% *30% 30% 44 18% 5 600 24% 42% 17 33% *32% 51% 43% 4% 33% 3.000 24% 18% 16% 4.600 24% 40% *60 34'- 51% 42% 32 49 x34 33 30% - ' 79 *46 34% 24% 44,% 18% 47% " 51 % 30% 43% 9% 22% 34% ; 9% 22% 33 v 51% 30% 34% 9% 22% 47% 49% / 9.800 12.500 9% 22% 34% w * 22% 9%,\ *47 % 49% 33 ^ 41% 4% 5.500 50% 49% 61% 24%" . 43 16% 83% 48% 62%; 51% 18% *60 73% 82 3 4 50 % 19%: 32% 33% 40 % 31% 73% 84 49 - 42% *78% 74% 83% x49% ' *47 72% ' , 19% 17% 5.300 75% P'% 51% , 700 82% "61% . 1,300 31,500 74% . 48% % 43 Edison , 75% 82 % 30'2 Square D Co.. 29% 80 __5 Natural Gas Co Co. 6.700 12% ." 29.! 2 •" 73 Southern Indiana Gas & Elec.No par & 2.800 12% 78 , 24% Spear 18% 12% 46% - 51% Sparton 18% 12% 66% 23% Southwestern 303.800 79 12 % —5 (The) Pacific 28% 18% 12% .15 — California non-cum 28 19 12% 65% 51% 5% 28% 18% 67 Va 5 South'n 28% 65% 125 Southern , 29% > ' '. 19 10 com 19,800 10.300 25 10 Rico Sugar 48 7.200 91% 12% —50 100 6.500 57% 9% 73 % _ 4 91% 46 % Co 3,100 3 7a 21 48% 56 3 57% 1.200 57 57 *20% 22% 20 3 a 3% 3% 57 *55 1.700 9% 77 Inc 14 3% 3% 56 % 56 a 90% 46',4 Oil Co Inc Southern Co 33 % Apr 4 4,100 12% 9% .No par Inc.. preferred 11 23 38 8% Porto 20% Jan 91% Jan 8.100 74:% 12% 91% 9% 45% Jan 31 26 17%. 74% 12% 9% 17% 32% Jun Jan Dec 17 74% 90% 9% 17 33% Jan 84 17% 12% 9% 18% 1 - 11,700 91% 17% South 11 , 9% 27 Va 5 preferred 343a . 90 34 1 South Carolina E & G Co com.4.50 5% 34 3334 9% 1 Mar 16 29 17% Dec 2 34'% *82 , - 91% x90 South Amer Gold & Platinum.. 13 IOC 91 % £ Corp Aircraft 82 74% 50% X50 - - .No pa r Co 84 82 31 % *17 . 4% 5 *58 63 18% 18% *78% 81 31% 17% 4% 63 60 81 31% 31% 6.600 16% 17 1.300 , 4% *58 1.900 4% 63 11.300 55% 54 %' 55% 54% 55 54% 94 91 % 91% *91% 94 *91% 17% 17 Vb 17% 17% 17% 17% 7.000 17 VB 17% 17% 17 Vs 22% 21 % 22 % 22 3 a 23% 23% 23% 23% 23% 122,800 21% 96 96%^ 96% 96% 97% 96 96 96 % 52% 53 52 % 54 *91 % 94 *91% *95 10% *69 31% , 10% 10% 10% 10% 10% 70 70 70 *69 70 32% 33% 35% x33% 34% 1 *96 10% *69 32% 60 94 10% 10% 68 69" 34% 32% 32% 80 10,300 10% 70 ■ . 9% 9 50c Co— O) 54 VB July 27 23 50% 8% Corp 72% May 11 49 % Simmonds Saw & Steel.. Oil 5,100 16% 58% * 23 19% Jan 20 7 Simmons Sinclair 30 12% 3% 58% 17 6 29% 75 13% 20% Signode Steel Strapping Co. 68% Jun 30% 17% 12% < 57% 1 12 ; 97% 14 i. 58% 11 89 31 *95 14 3% _-(i f. 97% 27% 13% ■ 80 *95 •>• 27% *56 % 15,800 4 ' 86 26 7 4 21.70C 64% *84% 27% 13% [* '. 86 27% 57% ' 41.700 21 r ■ 36,320 63 63 % 62% 2338 82 19% , 213« 21 26 Ts 21 ordinary 23% 7j% 23 V2 bo ,8 27 % .No par 8 13 ., 27% .No par Jan 74% Feb 3.20b 30 97% ^ 2.00G 27% 19% G% Co 4 15% a *84% 86 jf 3,000 38! 15% 27 % 56% 49% Jan * 20% 38 26% 1 32 V2 Apr Mar 25 43 20" 15% 27% 2.50 Inc of America Corp 55% Jan 45 12% M- ' ' 38 V4 27 3% ' . 41,200 /.Ki-'K IO"4 • 1 | 30 27% 13% : 34% "74% 75% 4 , % 205 *180 92'4 26% 7.50 54% Feb 20 . 17% . 270 *250 , 'v 3378 , ' ' 17!'o 34»'4 34% • ; 200 *91% 23% ' 84 *82 84 . X33% 34% . 5.90b - . 34'4 <« 62 % 84 1.200. 15% -. 21% 59 *96 % % 34% ■ ■ 23 % *83 69 -*•—• 38 i >■ 82 % *57% Gas... shares . 15% 22% 15 22% 20«% f • 9.300 - 247« 20% .. < j ' 92% ,*92% • 38% *38 .38% 4 33% i 720 • 35% 34 i..-, 35 34% 20% > r ■ 205 X38' 26,300 2 , 168 ■\ 33 3 a *6734 270 *180 ft;-. 15 22 1 Corp Mfg *67% 68 .-V ' *250 -■■■' 84 247a ' 69 - 205 *92 / 75! 83% -- . 20% 203e 270 v 38 % 75 '• 4 25 V« 25;' ■ *250 20% 38 -3 Co Sheraton 5 Nov 88 30 b, « >*180 34 20!'2 19,900 • 4 12% ; Corp.. York New 10 21% Apr 12% Apr 27% Feb 6 35 V2 Mar 4 ;■ • ; Shell Transp & Tr— 29% Jun 34 205 33% *92 68 ; 20 7 ' - »• 168 33 3 s 270 ' 33 % , *lw2 *162 -> *250 205 14% "... 83% v *180 *250 2 13' ' 25% 247a 6 7% 85 33% 33!* " . 82% 165 24% .No par (Frank Shattuck 13 Feb 18 Mar 19 29 14 21% Feb 14 12 Steel Sharon 2 9% Jun 22% Mar 13 Nov~29 13% Feb Shamrock Oil & 58% Jan •75% : *160 *20% *180 4.100 23% 1 ( 33%' 4 11.000 .. 165 67 3 39;« 13% 81% ,; 4,400 123,500 39 V 29% 19% 68 11% 58% 40% 13% 24% *67% 11% 57% 39% >; iV 11% 29% 74 V* ' 6,500 58% 14'% 82 33 !i 34% 850 9o 29% 29% 29% -23%;' 73 *160 163 *158 15.300 11% . 13% ^ 74' 83 7,100 29 % *94% 29% - a 28% 418 411% 66 39 53 11%- 81% • 75% 70% -81% ,t 410 29% 29% 11% 60% 29% B 29 ; Industries Shahmoon 8 72 V2 Feb Co 29% 28% 27 % preferred $4.50 61% May 13 12 & 28% 29% 11% 58 7 29% V 14% Corp Servel Inc common 7% Mar 12 9 'IJI„ . 1r 49% Feb 47% May 17 11V2 May 62 Va Jan 18% 19 July 11 59 4 39% Jan 20 13 Roebuck *37% 28% *94% xll % 15% . 39% 28% 12 33% '.. 18.600 407 60% 29% 29% 1 17,700 28% 406 li-% ^ 6% 30% 28%- 56% 28% . 6% 30 % *33% 39% *94% 402 6% 31 % 28% >29% 28% 400 401 6% 30% 31%- 31 % 28% 28% Va * 6% 31 30% 40 26 V2 5% "37% 31% 28% 26 26% 5% 28% Seiberling Rubber Co 15% Jan 27 63 3V4 Dec 27 _ 57,600 74% "38 I _ 170 8,100 3 2% 3 2% ■ 29% 29% — Sealright-Oswego Falls 7 29% Jan 11 Mar 12 26 Va Feb 3 12 V2 Jun 16% Jan 27 % Jun Dec 13 12 18 % 74% 14%' Co Corp Seagrave 24 12% Jun 7 23% Jun Oil Seaboard 91 17% 28% 5% 20 Seaboard Finance Co 4 70% Nov 26 91 18% 76 ' 16% Nov 21 52% Oct 25 90% 18 29% "2(3 25 —100 1 600 75% .75% 73 29% Seaboard Air Line RR Co 75 33 % Jan 14 69 75% 90 ; 800 21,500 54% -• 75% %;• -76 21,100 "T; : 43. vv: *42% 28% No par No par No par common *64 90% .1 Co Paper 54 69 8 *64 •76% *64 37% Schick Inc 14 55 ' 69 "64 •75% ! 1.40 ___15c 30% Feb 40'A Apr 89% Mar 35 Jan 93 * Jan 29% Jun 105% Apr* 33% Dec 30 79 Jan 95 19 Apr 54! 55% 69 ! 76 % —5 t 43 76% Ry Co—100 preferred .1—100 Arms Corp.^... Schenle'y Industries Inc 42% 76% 1—100 5%' 43 69 Southwestern noncum Savage 11- Jun 83 Feb 12 • 2 22% May 29 16 % 55 Ry 62% 54% 55% 55 60% •64 5 1st pfd 4.40% series A — 100 San Diego Gas & Electric Co.... 10 Sangamo Electric Co 10 6 12 13 F • 60% 42% 60% 62% 61% 60% 59% 11,600 9% 9 9% 9 9% 9 fv:' 59% St Regis Paper Co common 26 23 4 16 5% 3 31% Feb 92% Jun San St Louis 2 20V4 Apr 9 63 % Apr 20 14 May 23 Jan 32% May 10 22% Mar May 28 18 May 27 205 L Preferred series A 5 270 190 17 60% July 31 105 Feb 7 23% Aug 22 Sep 215 .74% Feb 67% Apr 10 , Feb 13 2 Aug St 7,000 7 6% 7 7 7% 7% 7% 6% 100 7.J00 *12% No par No par & Power. Co com St Joseph Light 235 91% Mar 23 311 7 6 11- 26% Jan 4 </o preferred -V—' 4.30% conv preferred j %.. 12% : St Joseph Lead Co__— 25 % May 24 0 19% Jun 13 Jan * 3 Nov' 5 25 33 3 ,, 69% Dec 33% Jun '22% Jan - 5 Jun 160 46% Mar Mar 19 52 16 235 14 25% Aug 31 5 22% Jan 2 Feb i Mar 22 93 Jan 81 137 ' 300 400 •\ *14% 27% 58% 5 .TO —lOu —10 Safeway Stores common 61/4 15 *27 1 60% Feb 17 97% Feb V 3 155 Dec 17 71% Dec 10% Feb > V 15- *14% 59% 5 '-— 6% 2,500 14'/8 26% -« -1 (The< Ruberoid Co 15% Jun 9/8 56'% -1 Royal Dutch Pet Co——20 Guilders Royal McBee Corp ;—c ——1 10 1,900 24% 6% >:;>6v>; 6% 45 3 9% -. 12% —1 Corp. 9% 56% Corp——— Ronson 9% r. 12% Gas Aircraft Rohr 2 9% 35 24 % 24% 56-« • 33% May 21 V 24% 27% 22% conv 4 8% Mar 13% Apr 26 28 Feb 28 > May 29 16 17% Nov 8 Jan 10 t 423% May Jan Feb 29 17- 31% Dec 21% May 28 12 31% Apr Feb 27 351 5 ' > 14 36% preferred —'—25 & El Corp—No par Rockwell Spring & Axle Co_ 5 Rohm & Haas Co common——20 4% preferred series A, —10C 5% % Rochester 29% Mar *35% *40 35% 45 38 12% Antelope Copper Mines Robertsnaw-Fulton Controls coin—1 May 31 40 Jan *37% 55% "A i—5 — 9% 6% ' 33 12% Roan 32% May 29 3 27% Feb 15 25% Feb 13 2 Apr Ritter Company 7% Apr 22 Apr 35 27% May 1,800 53% —10 5 33% 55% T—No par 25 2 f' 33% "27 "57% 26% 6% ,4 55.500 33% 12 7 •12% Corp Riegel 25% Jan 13 12 30% Aug 2 37%, Apr 26 28% Apr 21% Jun 26 28% Jun 25 59% 25% Corp 33% Jan 26% Apr •57% Oil 77 5% Jun 18 y2 Jun 29 "27 6% •1.800 21Va ■' 14% 27% 27% a 20% *40 24% 6 23.800 a/ 27% 12% % 27% 14% 15 1,100 21 *34% ' •5% "14% 2o% 27% *12% 800 '-4,200 ,«f 33% :V 24% 9% < 28,700 b8 21% ; 45 9% 58 % 27% 35 *40 24% *9% Paper Richfield Jun 19 *34 25% 58 58 >>;> *37 45 •40 x24% 19 37 % ' ' 35 "34 19 1 12% 38 45 68 19% 'V •37 34% 25 % —10 4.50% series Rheem Manufacturing Co Rhodesian Selection Trust 33% 33% 3 "40 37% b8% :' 21% '33%% "37 37% 19% *57 V, 21% "34 —10 100 100 .1 5s Preferred 33 33% 33% 36% *68 12% 21% 38 50 series 3.60% Preferred 4 20% 20%' 40 7,000 <27 % »'■■■• 27 12% ' 3 3,300 37 27% 27% 27% 58 26% 12; *57% 26 12% 33% common——I Metals Co pfd series A 19% Jan 84 % Apr — Common 18 2% May 27 66% Jan 23 31% Nov 29 58% 26 12% "36% —5 ——1 2.50 Reynolds <R J) Tob class B - * Jan 62% Feb 6 4%% 69 17% Feb 5 42% Aug 15 37 % Mar 5 ' Co Drug Reynolds 58% Mar 19 6 90 4 65 % May 16 45% Feb Aug Rexall 5 41% Dec x57% 26 % 10 Inc—-- Revlon 14 10% Jan 51 % Feb 491 Shares 131 131 131 *129 ; - 19% 19 58% 19% ——5 —100 1 50c 10 common & Brass Revere Copper May 20 37 28% Jun 9 8% May 10% July 26 2 59% Jan 2 Mar 12 21 25 13% Apr 12 30% Apr 10 28% Dec 27 9% Feb 14 4 Co Mfg pfd 3%% Conv 6 8% May 8 11% Mar 19',, 12% 10 27 23% Feb 25 18% 58% —5 Corp Stores 15% Jan 57 18 4 3 19% • 25% ' preference——10 div prior 26 68-B 68% & Co— (Robt) $1.25 Reliable 8 Inc— Bros Reeves 38% 36% -No pax——-50c Roller Bit Co Reed 6% Feb 28 5% Apr 12 Mills—1 Real Silk Hosiery 14% Apr 16 15% Jan 10 60% Dec 17 45 Apr 24 25% Dec 2 12 31% Jan 87/b Jan 18 10 Jan 41% Apr 8% Mar 26 18'A Mar 14 Jan 18% Jan 15 Jan 36 6 10% Mar 14 11 39 20 Feb 23% May 14 31 30'/2 Apr 11 15 Jan 5 20 % Jan 4 33% Feb 36 38 Dec 40 4 34% Jan 37% 68 37% 68% 13% Inc 1 Ray-O-Vac Co —-2.50: Raytheon Mfg Co —5 Reading Co common.—l--50: 4 Vo noncum 1st preferred —50 4'/o noncum 2nd preferred——50 17 May 29 37% 0d"'4. 36% 68% Rayonier 22% May 13 31% Apr 37% Apr 33% Jan 20% May 13 27/2 21% 27% yr , America com—No par 1—No par Ranco Inc——— i— 5 Raybestos-Mannattan No par $.>.50 1st prexerred 24 59% Jun 44Va Jan 33 % Nov 23 Jan 11 7 37% May 31V* Feb 78 Radio Corp of May 13 12 48'A Feb 19 % Mar July 19 40 25% May 16% Aug 27 i Dec 12 21 27%, 27% 37 Vs 130% 27% 36% 37% 36% 36% 130% 132 ♦131 132 132 36% 36% 36% 36% Oats Co (The) common—5 6% preferred—— — .—100 Quaker State Oil Refining Corp—10 Quaker r i June VI the Week Friday June 11 Q 33 Vs Jan 35% Mar 7 153 Feb 20 33% Apr 19 May 23 Wednesday June II June 10 Par EXCHANGE- Highest Highest 31 • Jan. 1 Range Since Year 1956 Lowest PRICES 1 hursday June 13 HIGH SALE AND LOW Tuesoav Monday STOCK NEW YORK Sales for * STOCKS • Previous Kaoje for 350 * 74,200 . • Volume 185 The Commercial and Financial Chronicle Number 5647 (2823) NEW YORK STOCK EXCHANGE STOCK RECORD Range tor Previous STOCKS Year 1956 .. ■j Range Since Jan. 1 . Highest Lowest Lowest 44 Va May 14 37% Jan 30 91% Jan 26 77 28 12% Jan 6 36% Oct 2 77% Nov 6% Dec 2 42% May 6% Jan Standard 9 9% Jan 2 Brands Par 41% No par Co Tuesday June 10 com—No par Inc $3.50 preferred Standard Coil Products 11 Monday . EXCHANGE 82%Febl3 May 13 LOW AND NEW TORK STOCK Highest " 41% 41% *78% ' -79% Inc_—.1 "' 7% 3% 3'A SALE PRICES Sales for Thursday Friday the Week June 12 June 13 June 14 Shares 41% 41% 40%' 41% 79% 79% 78% 78 % 79% 79'A 110 7% 7% 41% 79% *78 7% HIGH Wednesday , June 11 7% 7% 7% 7% 7% 7% 3,500 41 41% 2,200 Standard Gas & Electric Co— 3 % 58 % May 43% Nov 29 48% Jan 23 65 49% Jan 31 43% Feb 4 62% Apr May 16 3% May 22 57% Jun 6 12 83,300 55 Va 59,400 63% 65% 64% 65% 65% 66 % 65% 66% 66 'A 67% 132,800 61% 62 61 % 61% 61 % 61 % 60%' 61 % *88% 90 Jersey„^.___7' of Ohio common 17% Jan Stanley 85 Starrett Co 62 V2 Jan 51.% Jan 19 81 Aug 15 61 .Jan 28 15 Jan 25 13 Feb 26 31% Nov 7 ' 4 ' 3 Mar 94 18 13% Dec 8 10 May 16 77% May 17 * 13% Jan 25% Feb 15r 11 ■} 2 31% Jun - * 20 Feb 25 23% Jun 1 39 % Apr 3 31% Feb 13 41% Apr 23 ; 1G% Dec 31 21% Jan 4 17% Dec 11 17% Nov 27 22% Aug 1 8 20% Jan 26 17 Jan 2 17% Feb 26 17% May 28 36 Feb 3 Feb 12 Feb 18% Mar v 12 25% Jan 31 29% Aug 24 18% May 15 * 19% May 21 ; / 5 1 12" 5 May 8 29% Apr 24 preferred series A Standard Ry Equip Mfg Co 59% *88% 19 Feb " " 10% Feb 8 32 50 70% Jan 22% Jan 66 Dec -- 16% 16% 16% 16% 16% 17% 17% 17% 17% 18 81 72% 82 73 81% 8b 82% 82% *82% 73% 73% 74% 1 13% 13% 13% *13% 1378 5 30% 22% T___ —_ (J P) & Co Inc„ " 73 . *13% .30% Dec - 3 Feb Mar e 9 33% Apr i 8 66% Feb 13 „ 22 6% Mar 2 *4 >: 2 38% Jan . 11 2' 18 9% Jun 1,730 May 27% Jan ; 3 3b % 31% 30% 31 30% 30%" 30% 30% 24,200 23% 23 23% 22%' 23 ' 22% 23 Va 9,400 37% 37% 36% 37% 3.800 37% 37% 37 17% 18 18 17% 17%' 17% 17% 700 18% 18% 18% 18% 18% 18% 18% 1,900 ♦17 16 44% 45% 45 % 46 45% 46 % 45% 46 26% 26% 26% 26% 26% 26% 26 % 26% 1 6% V% 6% 1 53% 13% 54% 1 No par *84% No par 79% 28'A * 2 35% Feb 12 7 22% Jan 21 32% Jun 5 Peo li Jan 16 89 12%,Dec 14 11% May 31' 14 21% Nov 26 18% Feb 6 5% Jun 14 20% May 17 8% Jan 11 55% May 10 - 99 • May 82 7 42 Jun V * 27% Jan 14 ' 29 V :42% Jan 10 >'46% Jan , 9 '* Biscuits Oil Steel Sutherland - of InC common 18 • ! Co . California Swift & ; — Co—._ 54% 13% 14 86 85 *84% 79% 80 80% 29 29% 22% 22 35 72% 35% 35% 71 71 5 9% 23% 23% "39% 39% 24% 32% 33 41 42 May 8 Apr 9 $4 preferred Symington Gould Corp 7.50 com 32% 41% No par " ; *82% " 84 11% 12 • 20 20% 83 Y 6% 13% *84% 86% *84 % 86 Va 79% 79%. 79% 29% 28% 22 22 22 35% 35.. 35% 72 72; 72 8% 9 35 9% , 1621 May 28 6% Dec 8 Feb 15% May 31 12% Jun t 14 45 18 Dec 62 69% May 53% Nov 29 •37% Oct 31 4 % Dec 12 14 Jun 50 18% Jan 10 31* 7 11 Feb 12 60% Jan 54% Feb 13 12 76% Jun 32 51 'Feb 5 2B«A Dec 5 Apr • 4 38% Mar 26 26% Jun 7 11% Jan 27 18% Dec 28 15% Feb 12 25% Jan 16 33 % Oct 1 6. Talcott (James) Inc ; TelAutograph Corp Aircraft Temco Tennessee Corp Co Texas 26% Jun Texas —1 5%.. -v 1625 30% Dec 14 29% Mar 45% May 17 33% Apr 24 ' 24% 41 <r 41 Vt *23% 33% 32% 42% 85 12 19% 19% 5% *82% • 85 11% 10% Jan 9 182% May 9 6% Dec 21 Jan 23 34% Feb 10 20'A Oct 1 7% Jan 135 1 2 4 51% 52% 52% 74%5 75%; 74% 1—3% 44 % 47% 46% 47 46 % Sulphur No par 26% ' 26% 26% 1 23% ,24% 24 39% 39% *39 36% 38% - Inc preferred series A—25 conv Pacific Coal Land Jan Sub share ctfs & '< Utilities Co 10 21% Jan 2 Textron 29 21 13% Apr 18 % Apr - -xas 20% Dec 20 29% Apr 29% Apr 15% Feb 28 22% July 10 17% Jan 21 25% Jun 11 47% Aug 21 * 54% July 10 47% Jan 28 60% Jun 12 17% Jun 14 The 15% Apr 12 Thermoid 53 Apr 12 $2.50 14% Jun 13 16 16 U % Jun 20 13% July 31 10% Jan 23 14% Apr 44 51 Mar 28 11% Apr 8 11% Jan 25 44% Jan 25 14 July 23 Jan 10% Jan 4 Jan '*3 Co— No preferred 19 26 2 " 48% Jan Dec 19 33 Jan 80. 23 86 23 Nov 1 Feb 104 13 69% Feb 90 12 Jan reb 47% Mar 26 7 16 89% May 8 95% Apr 18 42% May 27 Thompson 4% preferred 23% Feb 27 23% Jun 13 14 26 Feb issued Tirmceh 53% Jun i3 13 1A Jun 13 13% Jan Mar 29 15 3 32 Jun 4 13% Mar 20 Toledo 50% Apr 22 41% Apr 24 20% Jan 4 Transamerica 5 13% Dec 43% NOV 27 51% Nov 7 40% Feb 5 34% Oct 45% Apr 30 35% Feb 12 28% Mar 21 13% Jun 24% Feb 14 15 12 38% Jun 28% July 23 26% Feb 11 34 May 24 50% May 31 57 Jan 29 1 16% Nov 29 30 % Oct 13 Jan 31 24% Feb 9 52 Nov 29 59 25 Jan 10 33% Nov 19 24% Jun 10 31% Jan 2 52% Apr 17 64 Dec 26 54 Apr 16 61 Jan 37 July 27 36% Mar 12 27% Feb 25 Jun 14 49% Nov 21 62% Mar 13 63% Jun 12 30 29 % Apr 12 51% Feb 22% Feb 26 21% Jan 8 30% J*in 6 15% Apr 27 18 Jun 11 16% May 24 x 'ilttll li 46 Apr 25 52 Jun 7 47 50 8 Dec 6 14% Jan 18 I 25% Oct 25 13% Feb 9 27 Oct 1 Apr 23 uiitr 10 io 25 % Apr 13 16% Mar 19 13% Feb 12 Mar 27 24% F^b 1' 23 5% Jan 3 3o% Jun 1 30% Jan 18 TXL Oil - Nov 15 44 5 % Nov 15 8 20% 31 % Feb 26 21 Nov 27 81% Oct 1 Apr 16 33 May 29 8% Apr 11 35% Jan 11 121% May 17 J'a 28% Apr 2 20% Feb 12 30 Jan 17 26% Jan Jan 9 92 May 10 19 93 Jan 11 «°% J Nov 20 91 Feb 15 70% May 28 83% Nov 30 104 Jan 5 n 11 24% Mar 25 Carbide Chem Jan 2 40 40 Va 38% 37% 38% *40 37% 40% 900 38% 11,500 7% 7% 7% 7% 3,100 7% 7% 7% 138% 135 Va 135% 46% 46% 46% 45% 46 3/8 45 Va 45% 6,300 15 Xl4% 14% 14% 14% 14% 14% 14% 14% 13,300 19% xl8% 1®% 19 19 18% 18 To *18% 18% 1,400 24% 24% 2 J %• 24% 25% 24 Va 243A 24 Va 24% 23,200 59 59% 60% GO 60% 53% 59% 58% 59 2,430 *135 138 135 7% 135 - *135 .300 17% % 900 13 % 2,100 47% 210 13% *13% *13% 74% *90 17% 13% 14 77 75 78%: 94 90 90 39% 77% ■' 38% 39% *38% 39% *39 24% 24% *24% 24% 49% 51 50% 50% *87 39% 39% *39 % 39% x24 , : , 14 14 -78% ; .91 * 76% *87 40% 39 40% • *38% 17% *14 14Ve 77% 76% *86 91 38% 40 *38 39 Va 14'% 400 77% 20,400 10 91 38% 17,800 38% 24 50% 24 23% 24% 50 " 24% 49% 17 Va 53% 52% 52% 18,600 1A ""'1% 1A 274,800 :: .'32 .' 13% 13% 13% 13% 13% 48% 37% 47% 48% 48% 49% 48% 49% 48% 49 37% 38I/4 38% 38% 37% 33% 37% 13% 3,100 37% 14% 13% 13% 13% 13% 6,500 <12,200 25,700 14% 14% 14% 14% 33% 33% 52'A 34% 34% 34% 37% 37% 38% 37% 37% 33 33% 33%. x32% 33 Va 32% 33 52% 52'A 33% 52% x51% 52 *51% 52 900 24% 1 50 14% 33% 32% 52% 1 (conv) 25 24% 25 3,100 *52% 25 25% *49% 53 33% 60% 23% 16% *47 34% 29% 16% 49% X29% 16% 7% 7% *7% 8 26 % 27 26 25 14% 24% 25% *49% 54 *48 __1 1 No par 14% 28% 5 Paper Corp *7% 32 118% 21% Corp—6% No par — 54 *49'A 14% 25% 53 *48 8,400 4,500 18,900 52 34% 35 35 35% " 25,800 62% 62 63 63 63% r63% 63% 29% 29% 28% 28% 28% 28% 16,000 16% 16% 29% 16% 16% 163/fl 16% 16% *47 27 491/2 ; *47 35 49% *47 26 *65 *47 49 Va 7% 7% 8% 26% 7% 35% 35% 25% 26% 8% 26 37 70 2,400 1,000 43% 1,500 8'% 27 29,900 No Preferred $3.70 par No par series-, 32% 120% 22 % 15 15 15 15 15% 14% 15 Va 2,200 31% 31% 32% 31% 32 Va 31% 32 Va 26,800 7% *7% 7% 7% 7% *7% 7% 8 ' 32 33 120% 22% 121% 22% 32% 33% , 33% 119% 33% 121 % 120 121% 33% 121 ' 600 8 34% 9,100 121% 19,600 22 22% 4,100 27Va 27% 19,400 28% 27% 28% 27% 22% 28% J 22'A 28 1—10 common, 14% 31 15 31% 27% 28 95% Materials Corp.—10 & Co Preferred $4.50 series 24 79% Jan 82 39 37% VY- Y/ Bag-Camp Elec 39 37% 13% (The)— Union Union 39% 13% _1 Union 100% Jan 21 26,900 46% Asbestos & Rubber Co Unioh 49,000 26% 37% 14% common A Udylite Corp (The)— Underwood Corp Union 9 112 5 92% Dec 30 8 133% July 17 29 25% Dec Apr 47% May 10 108% Jan , 28% 25% 46% 2 U 16% 27% 26% . 47% 5 Co Corp 39,503 28% 24% 13% 1 preferred 1954 ser—50 Film—*. 1 Coach .46 % 28 24% 48 Century Fox Twin 46% 28% 24 % *47% City Rap Transit com—No par 5% conv prior preferred -50 2 47% 27% 24%' *13% Twin 10 45% 3,100 27,700 *17 Tung-Sol Electric Co common Jan 74% 17% 13% —50 Truax-Traer Coal Co 9,000 52 73% ,——2 $2.70 preferred 10% Jan 51% 47% ——25 . Airlines conv 52% 74% 13% 5 4.30% * 74% 47% No par » 52 74%-. *17% Inc 20th 52% ■ 2 7% """ (The) Corp series 4,700 ; 13% .47%, 'V Tri-Continental Corp common Preferred 1,600 5% 14 17% .—10 (The)— World 19% 5% 14 13% Transue & Williams Steel Trans 5% 14% *47% 100 — Co 19% r. 1 19% 13% Bearing hew—No par ——1"" Edison .6,400 47% ———— Trane Co 9 20 Roller Rights 100 11% 13% ——1—_—,—— $1.20 preferred 27 49% Jun 83% 11% 47% ' 15 •— * *82% . 1 1 Tidewater Oil common—1. When 23% Nov par Thompson Products Inc common.-5 •" 9,300 50 * 1 (J R) 14,500 19 par No par — common— convertible preferred : 10% Dec 100 33% 42% 46% 14% *5 No preference Co 23% 33 Va 23% 58% ig% 50c Fair 5,800 27% i 37% 7% *134 137 46%" 47% No par conv conv 7% —100 ; Thatcher Glass Mfg Co common $2.40 14 2,200 42 Y common Inc $1.26 10 Trust— ex-distribution—1 Texas 2 9 Oil & Pacific Ry 4 49% May 38% Jan common 5% 14% 75 bacific 8% Mar 15 . 160 May 16 42% July 27 14 52 Texas us ; 5% 5%* 14% 12% Instruments 4.48% 5% 14 51% —2.50 — le 150 40% Jun 5% 14% 590 24% 42 11% *19% 1,500 8,800 1630 41% 24 6,800 1,100 - 1 -33% 42 % 11% 19%' *24; / , 8% 23% 24% 42% . *82% 25 Texas Gulf 40% May 15 5 10 xl9% 1615 24 3i Producing Co Gulf ' 14 . 14 -1 1 * — Texas 49% May 9 33 Jan 10 . I Corp.. 2 8% 41% 42 % 50 3,000 54,500 71% ~ 1635 32% 2,700 29 22 % 1,100 , 80% 28% 22% *23% 22,700 54 / 13% 40% Y 6% '54*" 24% V ' 13% : 18 6,200 2,000 53% 71 . 8% 83 12 45% 26% 13% 35% 71 1635 24% 32% 42% 11% "" 1 . 26% 80% 22 24%.. 40%. ' *23% " / 45% 18 29% *35 Y 0% 1640 23% 39% *17 x53% 86% 29 22% 9% *23% "" 1—25 —— % 1630 1660 (The)—4.16% Sylvania Elec Prod Inc "Hr 'V 50 : Corp— Pa\ier C6 Sweets Co of Ainerica 54% 14 80% 18 6% 54% 14 85 29% f 1625 •; .7 g% 54% 14 9% 25 *17 17% ' 7 35 ., 70% , " 10c ! *17 22% 1 12.50 : 9 ' 8% Feb 1 common series A 1 2nd pfd series of '55—30 Superior ■Superior 200 30% 17% — Corp Sunshine Mining 1 13% " 37% 4%%* preferred Sunshine 800 *13 Va 13%: 4,700 xl8% 1 Co_i__:— 5%(& • Mar 20 50 Va July 26 26 > 6,700 74% 18% —_ Sunray-Mid-Corit Oil Co * 74' Oil Sun - 24% Apr 11 . * 8 Jan 1,210 21% Feb 52% Mar 16 V " •- 8,000 83% 18% No par .. $4.50 series A preferred 29% May 16 Dec 30% Apr 13 81 -• Dec Jun 82 " 12 Jun V 5 Corp Sun Chemical '.* 18% *17 Y 18 5 Broadcasting Co_ Sunbeam 6 13 9,c-' -27% Feb Feb 42 14 72% Feb 1 ,300 21% Jun 25 Y 35% NoV 29 38 17 " Feb 22% Feb 6 10% Mar 9 July \ Jun 16% Jan 1, v 18 83% '74 * 74 %' 13% 16% 17% 74 .. 12,000 90 16% 83% 2,500 23 23 , 37% —5 i Studebaker-Packard Corp ' 93 56 7 6 22 78 26 21'' 27 .'. Nov 39. ,ff IB- Nov r Mar 11 30% July 31 - 7 6% Dec 940 13% 84% Jun 7 8% Apr 26% Jan 82 23 34% Nov 28 46 6 101 % Jun 31 • Aug 6% , 15% Mar 15 13% May 28 "89* Dec 28 22% Nov 29 *88% 17% y 5% Oct 90 *88% 16% Stokely-Van Camp Inc common—1 >: 5% prior preference 20 Storer 90 17% No par *—10 Stores Inc Stone & Webster * *88% —15 (The) L S Stauffer Chemical Co Stevens % 16% ' 5 . Stewart-Warner Corp Stix Baer & Fuller Co 62'A 90 3% 16% 17'A 1 Warner'Corp , 50 • 10 __100 3%% ..Sterling Drug Inc , 27% Mar 12 30% Oct California of Sterchi Pros 2Q% Sep .14 * 57% 54% Oil 18% May 27 37% Dec 56% Standard 2 9.': 56% 55% 10 65 % Dec .. % 54% 62% Jun 43% Jan 23 22% Feb 56 56% New 14% Jan 3 31 % May 28 3% 57% 55 of 2 , 3% 56% 56% Oil 12 v».. 3% 57% 55 Oil of Indiana—.. 18 17% Jan 3% 56% Standard Standard 47% Feb 21 3% 56% 56 % 4 14 14% Jan 2 13% Nov 3% 53% 54% Oil 62% Jan 67% Jun 12 87% Jan 15% Aug 3% ^.6.25 T—25 Standard 50% Mar 26 Y 9 12% May 29 1 53% Feb Aug 14 55% May 15 May 28 88% Dec 28 —I distribution 100% Mar 23 50 25% Nov 28 Ex 96 85 95 95 94% 94% 95% 95% *94% 95 *76 85 *76 85 *76 85 *76 85 71% *71 72% *71 72% "71 72% 71 72 *85 90 *85 *85 90 *76 22% 22% 140 v ' 78 52 Jan 65% Apr 39% May 10 Oct 1 8% Dec 11 Oct 1 28 86 Apr 51% Feb 2 26% Apr 9 Preferred $3.50 series 25 89 Jan 22 12 64% Jun 5 Union Gil 8 31% Jan 8 Union Pacific 9% Mar Preferred Apr 4% 30 6 31 29 Union Tank Car 1 33% May 16 Union Twist Drill 69% Jun 7 90'A Jan United Apr 4 non-cum 88 61 % 61% 61 % 62 59% 61%!" 60 % 60% 33,300 common—10 28% 29% 28% 29 28% 29% •9 29% 29% 29% 38,900 *88 Co 8 8 29% —5 8% 29% 29% 30 33 10 —No par Co 33 33 % 33% 71% 73 8% 8% 30% *32% S 8% 90 8 8<A May~25 96% Dec 17 Dec 18 125 May 29 113% Jan 23 166 103% Oct 10 121% Dec 18 99'A Jun 14 35% Jan 23 44% Dec 17 26% Jun 10 26 Nov 20 26% Feb Dec 7 32% Apr Feb 20 93 24 95 20% Dec 14 28% Apr 48% Jan . 12 2 Aircraft Corp common A'/o convertible 4% (ser of 152 Jan 14 115 Jan 2 43% Jan 4 United Air 29% Mar 14 United Biscuit 100 Apr 100 1956) conv pfd 102 —10 26% 102 27% No par 27% *91 25% 66% 27% 95 25% 69% Inc America of 71% 130 100 preferred— Lines 70 *120 5 $4.50 preferred — No par board & Carton Corp_.—10 15 Jun 6 9 19% Jan 28 27% May 16 United 20 71% Mar 26 58% Feb 11 71'A Jun 13 United 41% Dec 27 62 46% May 8 4% Feb 9 107 Mar 21 4% Jan 3 39% Mar 5 4% Jan 2 Co Carbon No par United-Carr Fastener 6% May 15 Jan 21 United $3.50 79 (Del)—No par 43 Cig-Whelan Stores cora__30c convertible preferred. 100 *78 May 4 77% Apr 6% Jun 20 7 Jan 3 6% Jan 11 7% May 20 United 6 Dec 14 23 Jan 5 6% Feb 11 9% Jan 9 United 21 Jan 17 36% Dec 18 28'A Apr 8 35% Jan 11 United 13% Jun 8 16% Aug 20 13% Feb 12 16% Jan 11 United Engineering & Foundry 44% Jan 2 47% Jan 9 United Fruit Co 14 82 73% Jan 23 43% Dec 55 35 Aug 14 32 Feb 41% July 30 12 28% May 11 Mar 36 Mar 5 35'A Jan 23 5% Nov 20 7% Jan 6 5 % Apr 14% Dec 12 19% Feb 29 13% Feb 1% Dec 31 3% Mar 26 1 % May 23 29% 30 32-% 32% 72'A 70'A 71% 23 39% May 20% Aug 9 28% Oct 9 24 77 Aug 2 181 Feb 1 52% Nov 29 Dec 3 15% Dec 27 22 % July 19 155 35 Dec 4 15 Nov 14 44% July 20 19 % Mar 22 42 Nov 15 49% Mar 16 For footnotes see page 28. 5 U S & 13 U S 51% Apr 16 156 Jan 8% May 29 7 1 Mar 19 3 4% Feb 43% Jan 12 7 65 % Jun 4 Jan 7 Jan 22 Jun 12 36 45 U S common preferred Inc common preferred series A 44% 45% 43% 5V'a 5% *78 79 7% 5Va 5Va *78 79 7% 7'A 800 10,700 600 44% 5% 3,300 79 7% 18,800 6% 6,100 6,300 45% 45 45% 45 45% 45 45 Va 18,600 34% 36 - 35 36% 36% 36% 36% 36% 36% 36% 20,300 36% 36% 36% 36% 36% 36% *36% 36% 36'A 36% 5% 5% 5% 5% 5% 5% 5% 5% 5% 5% 2,100 14% 14-% Xl3% 14'% 13% 13% 13% 13% 13% 13% 13,300 - » - 1% 1 I 1 4 100 common—82%g class A preferehce— U>dust"ies 4%^> 70% 45% No par Hoffman Mach 5*e 7 17% Apr 7% U S 60 45 100 Securities Co U S Gypsum Co 24 17% Jan 162 Foreign 71 % 15% 1 A Corp—, Freight 7% 68% 15% Park City Mines Co (The) 33% Jun 44% 5% 25 15% United 39% Jun 7% 44 *78 95 24% 15% 2 2 7% 68% 2,000 *91 95 15% 1% Jan 13 5'A 79 68% 27% 27'A 27% 25%- 15% Merch Feb 43% 5% *91 *25'A 15% United 33 43% *78 95 15% 9 23% Jan 68%; 27 27% 25% *91 15% 45% 10 Chemical 67% 27% *25% 23,700 14"% 15% Jan & 25% 1,500 27% 5 Improvement Co_—13% Corp ——_—^ preferred 27% 95 25% 99 % 27% 27% 6% Corp Borax 27 % *91 100 99% 100 30% Industrial S 27% 6% Gas 4%% 99% 27% 30% Gas U 101 % 26% 800 31 United 86% May 20 100% 27% 130 31 United 62% May 20 102 27 *120 130 31 United 8 126% 102 *120 6% 8 May 23 126% 30% 11 Inc 130 7% 6% 19 Mfrs *120 5,400 20,600 30% 6% No par & 5% 71% 72% ■. 30 6% Jan May 24 7% 43 79 % 27,000 % 30% 33 Va 5 Cos 38% Feb 55 28% Jan Coal Electric 2 11 83 ' Corp (Del)—. —1 Dye & Chemical Corp com—1 5 38% May 5% 71 8 30 *32% 30% 33 * 61% 10 88 61% preferred 7 8 10% May 10 36 Jun 27% Feb 29% Apr 29 Co ~50 91 58% California RR * .25 series $4 of 71% —No par No par —50 1 —50 1% 1% 1% 6% *1% 7% 6% 62% 61 86% 85% 86 *85 36% 30% 38% 38% 39 39 31% 32% 32% 60% 62 •*157 158 8%" B% *30% 15% .*44 31% 16 45 60 % *156% 61% 158 8% 8% *30% 31% 15% *44 60 61% *156% 8% 31- 4,600 58% 16,900 84 84 39 37 V8 38 Va 7,500 33% 33 33% 8,600 *85 86 62 62% * 8% 31 1% 58 86 58% 61 % 158 ' 15% 15%- 15% 45 45 45 900 38% 33 % 61 % 1,100 30% 32% 39% 3%. - 6% *30 60 1% 1 % 59% 86 •. 6% 156% 1% 1% 63% 63 Va *156% 159 8% *30% 31 Va. 15% 45 • C 8% 30% 30% :i8,600 , 200 15% 16 *44% 15,400 64% 159 8% •8% 120 • ^ 16 12.100 45 45 300 27 The Commercial and Financial Chronicle 28 . . Monday, June 17, 1957 . (2824) * for Range 36% Dec 14 36% Jun 13 U 67'/a May 22% Feb 6 63, Jan 30% Mar 51%JuJyl8 128 '92 ' Dec 26 80 88 42% Nov 29 Feb 1 19% Sep 17 '170 17% Dec 17 38 33% Dec 7 12% Jun 27 Feb 10 t 24 21% May 31 U 61'/a Jan 24 78% Jan 2 155'A Jan 25 18 Jan Jan 7% Feb 18 8 Jan 80% Jun 13 87 Jan 10% Aug 2»7 Dec 31 U 4 21 May 28 13 10% Jan 9 99 Mar 23 17 Dec - 5 14% Apr 23 7% Dec U 22 15% Feb 3 6% Jan 7 10 7ft Apr 17 $6'convertible preferred—No par 18% May 23 86% Jun 11 26 y® Aug 15 13% Jan 9 Deo 4 Apr 6 47% Feb 31% Jan 12 2 36 Apr 3 167 13 155 137 Deo 12 23% Dec 20 Jun Feb 4 30% Jun 7 68 55% May 24% Nov 12 40% Feb 8% Jun 17% Jan 25% Nov 21 Jan 4 7 Va Dec 20 40 Feb 12 10 12 50% Jan 2 Vanadium 11 13% Jan 9 Van 7 11 50% Jun 2 11% Jan 41'/a Feb 2 28 11 15 18 6 20% Feb 1 lOO'/aApr .5 124 Apr 22 1 28 12 111 May 22 Feb 12 May 17 90 Mar 27 98 Mar 93 Mar 13 Jan 24% May 104 Dec 18 116 Feb"13 100 93 Oct 30 103 80 85 Dec 28 106 Feb 13 Mar 6 87 Dec 31 103 Va Feb 83 85 17 79% Nov 27 46% Jan %l . . 83% Jan 19 28% Nov'. 9 Jun . May 29 Jan 18 . 72 28% 1 44% 45% 45 46 Vs 26% 12% 12% 12% 12% 12% 13 48% *123 *133 31% *79 21% 49% 49 50 % 6ft 24 16% Jan 23 3 Jan 14 14% Dec 27 6ft 7 ll'/a Jan 12% Deo 31 lz% 17% Mar 29 May 22 «, *111% 25 100% 100 100 100 100 25 ,. preferred preferred Materials Co Vulcan 5Vo (w i) convertible : ' —16 preferred ./ 100 :—15 No par 10 No par —2.50 24% 9.8C0 <•' 66 % 66 66 36 % 36 82 81 1,400 36 Va i 46% - 12,600 .....10 81 95 *91 93 '45% * 59 31,260 1.180 21% 56 y2 57% *<■- 141 21 % 21 % -80 -■ 461/a 139% 142 2,300 57 Va 57'/2 20.40C 58 * eoc 69% 68% 68% 139% 138% 139% 116,600 4.0©*/ '■ " 17% 17% 17% 32% *31% 13 y8 13 % 7% 7% 7% 2,20C 32% 13 % 82 *81 80% 1,200 uo V! 2,200 9 . 84 % 33% 34% 130 2.50C . 19' 83% 85 % r ; 9 *17% 9 19 17,600 1,100 34% 10 142 *140% 142 30 291/4 30 . v ; 2,500 . 74% V" 72% 72% /y/'. 130 28% 28% 28y2 2.100 44% 45 45% *123 5.700 9 26% 13 > -2,500 13'A 47% r 1 13.30C 49 ♦123 ■■ 3/100 /V1 26 VA ■ 50 Vs *123 • 8% y 13 49 *123 • 9 26% 12% i\ 50 49% *123 3,600 ' mm ,< • ■ ' 31% 31% 100% 101 % *111% 25 Va 25 101% 100 101'/a 100'A 85 *78% 85 *78% 85 85 *85% 88 7*85% 88 85 85 *83 93 93 *83 93 *83 89 *83 89 82 82% *32% * 14 ll'/a 14% ; *28% .. 16% •.•'•14'A 16% „ 82% 82% 33 33 28% 28% 2.600 82% 33 V4 * - 28%' 28% -200 • - • — 800 "' *11% 12% *11% ,12% * ' ' ' 82% 12% 12% *78% --*32% .. . - 28% *11% •14Va *16'A V 16% 82 82% *32% / 33 Vz » ' 33'A 28%. <28% 29 12% •:* ' ' 82% .32% 410 lOOVa 85 85 87 14 "*■ 16% 100% 100% 10.20C 25 Vb *79 85% 4,500 113Va 25 • 10.800 V'"u 21% *111% 25 '4/'-— '• . 84 21% 113% 25 25 Vs y. ■*. 31% 31 *79 84 22 21% i, ■ *123 ' 31% *79 22% *111% 113 Va .115 25 25% ' —— 31% 84 21% 22% *111 Va 115 *123 31% *79 84 21% 22% . 31 31'/a *79 84 *12 common——.1 23% 26 . —10 preferred Va . *123 *82% *85 , *83 * .. .81 —10,.. 32% -25,. j. *28% Issued 4,600 8y2 24% 9 V. 26%. 100 8% *8% 45 / : 9 ■ 26% < Shares 32% 32% ' 9 9 Vs 26% No par $4.12 preferred Virginian Ry Co common, Mar 11 32 46 44% x8% com—100 preferred—100 v* preferred When - 9% 26% 9 2.50 $4.20 preferred y 19 83 86% *34% 34% *141 146 x29% 30% 28% $5 preferred $4.04 preferred 1 *17% 1 70% Gft dlv partic preferred —100 Virginia Eleo & Pwr Co com new—8 May 22 33% M * 24. 11 32 May 20. 28%Jun 14 H 8 / 7% 7% 81 81% 9 ' 9 28% Inc Va-Carolina Chemical com 83 66% Feb 12 10% Dec 26 14% Dec 27 25% Jan 142% 143% 21 21% 54% 57% 57% 57% 67% 68% 140 /140% 17% 17% 31% 32 13 Vs 13% 71% Inc noncumulatlve 3% ft 6 Mar *80 -y *80 *92. . : - 193 46% 46% 142 143 "141,4 21 21% / 21% 56% 58 57 58 58 57 ,4 68% 68% 88% 139% 140% 138/2 17% 17% *17% 32 32 32 e 13 13Vs 13% * 7% 7% y;:' 7% *80% 81% 80% *8% • 9 / *8% *17% 19 *17% x84% 86% 84Vs 34% 34% 34% *140 144 *• 142 .29% 30% yzv 29% 71 73 *72 28% 28% 28y4 the Week 32% . 71 Victor Chemical Works common—5 32%"May 10 18 78 "/a Jan 35% 10 "/'* 26% Industries Co 66% *90 44% .46% ; 28% Corp of America Raalte 5ft 84 . 8.2 23% 06% 35% 82 93 23"« ■ Friday June 14 June 13 31% 8/4 23% 66 ■35% 32 8% 8'/a 24 ; 66% 35% 62 92 12.80 Vicks Slireve & Pacific Ry 2 38 ft Apr 1 Vertientes-Camaguey Sugar Co—6% Vick Chemical Co 2.50 25% Jan 128 100 —100 preferred & Light Co Power Norman Van May 14% Jan 29 25% Jan Utah 34% Mar 26 21% Nov 13 . 73 94'/a Apr 24 28 105% Dec 20 -t 4%ft Jun 29 % Apr Feb 20 128 Sep 12 25% Dec 26 Dec Feb 130, 7 123 82 24 4 3 37% Apr 6 12% Nov 28 58% Mar 9 9 12'A Dec 21 38% Feb 129 12 May 14 Jan 28 23% Feb 29% Mar 12 82% Mar 29 26 Deo 14 20 Dec 70 Feb 24 8ft preferred _ Universal Pictures Co Inc com, 13% 7% 82 9 19 84 34% 8% *17 77 34y2 *145 146V2 29% 30% Inc common 1 Class B 2nd preferred— 14 Universal-Cyclops Steel Corp .1 Universal Leaf Tobacco com_Nopar United Wallpaper 39 142 —1 2nd pfd_5 31% 31% x66% 34% ' 80 32 32 13ya 7'% 81% preferred—25 noncumulatlve United Stores $4.20 noncu 65 30 % Dec k *8% 5:;**,*■ 23 - 10 ; United Stockyards Corp 9 7 13% Dec 26 41% Feb 31% *8V<4 23% , • Tharsday June 12 June 11 - ,31% ,— 15 36 11 30% — U 11 64 y2 Jan 138% Jun 13 17 Mar 1 31% Jun Jan U 4 J 57% May 28 57% Mar 25 19% Jan 16 Dec 28 / ■ ' 73% Dec 31 169 Jan 20 preferred _ Pipe & Foundry Cot- U June 10 ' 8% ' S 23% 8 Playing'Card Col.—.-. -i-10 T " 67 67 " S Plywood Corp common 1 34%f 35, ,-■* 3% ft preferred series A 100 ; *80 82 r *; 3%% preferred series B 100 91% 91%' S Rubber Co common 5 44 "" 45% '• 8ft noncum 1st preferred —100 " 142 143 y 8 Shoe Corp —/I 1— 21% '21% 8 Smelting Ref & Mln com—50 -51%""54 ; " 7% preferred 50 V" ; 57% 57% 8 Steel Corp common 16% y 65% 67% 7% preferred 100 " 140% 141 S Tobacco Co common No par -yl* 17% ;17% 4%'/<? 49% Jan 156 Par ,—1 Lines Co common S 93% Mar 29 ,Jf 17% Feb 12 May 8 9 Mar 69 Dec "28 51% Jan 23 143 Nov 30 58 U 4 Mar 87 V May 13 . 49 71% Sep 10 ; 4 ' 39% Feb 27 139% Jun 14 67% Mar 14 142% Dec 26 1 3 Jun 8 July 18 90% Mar 1-81% Dec 31 6 U 27% Jan 2 1 Jan 82 4 3 12 35 Vs Aug 70 17 7 11 28 32 V2 Nov 29 01 Va Dec Jan 8% Jan 8Vs Feb 28% Jan 11 56 24 Sales for PRICES Wednesday Tuesday Monday . EXCHANGE 37 Vs Jan • 1 29 y2 May 9V» July 13 15 8 Vs Jun NEW YORK STOCK ' llisbest Lowest Highest 22% Jan 11 Jan.1 Range Since j*' - ^ LOW AND HIGH SALE STOCKS Previous Year 1956 Lowest EXCHANGE STOCK RECORD NEW YORK STOCK 'j 14%/"': 14 14' 14 % 16% 16'/s 16'A 16% Ji ' . i 1.800 14V2 16 Va 1,800 « yj ■ 13% 14% 40% Feb 9 ; 37% Oct 1 , ; 35 % Deo 20 -25% Feb 9 *. 22 " , Jan 3 J9% Feb 8 J2% Dec 26 >>v' V Apr Wagnefc Elecirio Corp., Waldorf System r_— 11 ' 4 80% Jan 8 Feb 2 " 50% 86% Jun 13 - — 4,300 ' 52% *13% 29 Va 76% 78 18% 300 13 % 29% 18% Feb 28 Waukesha Motor Co— Wayne Knitting Mills Wayne Pump Co 3% May 15' 7 Welbilt Corp 28 34% May 24 '26% May 3 7 ,32% Mar 27 24% Jen 17 29% Jan 2 2% Feb / 30 % Oct 11% 28, : • ■ , ■ ! 24% "60 1.800 58 % 37 % 37 Va 35% 3,300 25 % 56% 35% 31% 5 5 —1 1 - ;'T 27 43 % May 10 1 52% Feb ,44% Nov 26 -25% Jan 3 25% Jan 10 ' 97 Nov 26 92 Dec 12 Dec 20 88 42% Jan 30 104 Mar 27 18% Jun 20 15% Dec 13 28% Apr 26% Feb 31% 7,900 400 3.606 800 13 4 105 95 May 28 93 Jun 87 39% Jan 28% Jun Jan 27 Apr 18 108 Jan 12 25% Dec 31 16% Dec 5 103 Jan 29 21 Mar 20 28 Jan 26 27% 3,100 2% 2% 1,103 Feb 18 i 5 100 100 4.10% preferred series C West Va pulp & Paper common 4%% preferred Western Air Lines Inc Western Auto Supply Co com 104% Mar 20 Feb 27 24% Jan 2 14% Feb 14 16% Jan 3 105'A Feb 23 91 Jan 2 98 2 100 5 100 1 5 100 93 Dec 28 47 Feb 13 67 May 10 49 Feb 11 77% May 15 68% Feb , 1 17 82% July 20 71 Feb 15 85% May 14 4.80% preferred Western Maryland Ry com—No par 4% noncum 2nd preferred 100 54 Mar Apr ■ 26% NOV 29 50% Nov 29 128'/a Jun f 5 46 Jan 20 94 Sep 28 44 *44 45 61%' 61% 62% 33 32% 33 27% 28 96'A 96 32% 33% 33 28% 98 98 Va 98% *98 98'/a 89 *85 89 *85 89 *85 91 *86 Va 91 *86'A 91 *81 *86 VA 01 *86 Va 28 Vs 46 45% 45 28 27% 28'A 96'A % 98 46 47 *103 104 *103 104 1,500 *103 103 Vz *103 103% 21% 21 Va 21% 21% 21'A 21% 21 % 15% *15'A 15 Va 15% 15% 15% 15% 15 Va 97 *90 97 72% 70% 72 83% 83% *82'/a *91 97 13% 74% 76% 75% 83 83 Va 84% X84% Va 15 V 59 2,400 ' '■ 13,100 77 3s 1,100 87 *85 85 2,800 4 97 76 76% - •5,100 21% *97 97 130 103% 21% 15% *90 9,000 % 46 45'/a 46 21 *90 310 • 6,500 / 91 *85 44% ' 89 89 *103 33 t 8.900 60 VA Vs 63% Jan 4 Western Pacific RR common-No par 56% 57% 57% 58% 58 60'A 59 60 'A 18 20% Jan 4 19 VA, 18% 19% 19% 19% 19'A 19 Va 19 19 VA 92,200 33% May 14 30'/a 30% 30% 30'A 30% 30% 30% 30% 30 Va 16,900 65% Mar 20 99% Jan 4 52% Feb 12 64 63 Vs 64 63% 64% 64 Vs 65% 64% 65 82% Jun ,14 Western Union Telegraph 2.50 Westlnghouse Air Brake 10 Westlnghouse Electric common_12% 3.80% preferred series B 100 Wheeling & Lake Erie Ry 100 18% 12 84% 83 83 82 Vs 82% 22% Mar 82% Dec 27 62%- *85 43% 44 61'A 44 Va* 62 % 2,805 29% 27-% 28% 98 *43% 63% *28% 32 Va 313i 27% , 29 Va 17% Apr 26% Feb 86 17% Nov 21 ' 31% 43% .63 43 62% x28 Vo 27% 60 .28% 43 27 43 28'A 28 Va 28 "a 5 36% July 17 May 58% Nov 29 ' 0>< 'V 50 1 4 4.20% preferred series B 47% Jan 11 37% Apr 10 G3 4 5 i]:\: 1,200 y 26 27% com—2.50 4.87<t preferred —; West Indies Sugar Corp West Kentucky Coal Co West Penn Electric Co West Penn Power 4%% pfd 64% May 22 27 88 Oil & Snowdrift Wesson 48% Jan 23 , 15 96% Jun < 105 ■ 9 2 34% Jan 29 " 7 May 41% Jan Dec 21 44% Dec 5 29 Mar 20 112% Jan 13 105 Mar 2 44 16 Jun 43 3 * 20% Feb 6.600 14% 91% 11% v ' S 3.00C 9.300 ~ 14-- :700 : , 91% ...V.: ICO 69 *67 Walgreen Co Walker (Birath ) G & W 18% May 29 15% Feb 12 ' ' Walworth Co 12% Apr, 28 7.; 15 % Jan 25 7 Ward Baling Co common 1 ' 95% Jan 24 5%% preferred 91% May 19 100 11 Va May 10 16% Jan 2' Ward Industries Corp, —1 22% Ap* '/A, 7 28% Jan 3 ' Warner Bros Pictures Inc., 5 42% Feb 12 7'60% May 29 Warner-Lambert Pharmaceutical—1 37% Apr 23 .7738% Mar 28 Washington Gas Light Co No par 7"36% Jan 17 ' Washington Water Power —No par 34% Feb £8 7 " ' ■ Wabash RR 4%% 24 la va Juu lj 70% Feb 12 , -15% Npv 23 .,18% Jan 27 Jan 56% May 15 10 29 Jan. 6 Mar 20 20% Sep 7 17 % Mar 13 106 Feb 28 20 Apr 30 29y4 Deo 26 49% Aug 9 40% Jan 0 38 % Mar 23 37% Aug 8 27 Ma* 9 27% Dec 14 4% Apr 6 -95% Dec 17 iH' Jan**0 33 75 : 12% Jan 30 13 % Dec 12 . , • Deo~19~ .^29% Sep 26* 64 Nov 29 V: 77 7 50% Jun ' •: 3 83% Jan 74% Nov 28 67% May 130 9 129 Feb 17 Feb 1 < 65% Jun 13 <"92 Mar 25 129% Feb 4 7 4 30 61% *83 *83 82 Va 84'A *128 *128 *128 *127 *127 ' 80,400 v 300 ' 82% "*r* < v— r *•' \ 31 24 91 Jun 23% Feb 2 Wheeling Steel Corp 96 'A Jan 9 $5 preferred No par Whirlpool Corp common. 5 4V4% convertible preferred 80 6 23 "69% Jan 53% Feb 13 Jan 28% Fob 13 69% Dec ' 10 common 55'A 57'A 57 V4 5 8'A 58 Vs 92 VA 91% 91% 91'A 24% 24 Vs 2 4 VA 24% Va 24% 59% 8 103 26% Mar 22 62 Aug 30 27% Dec 20 80'A Feb 15 59 Vs Jun 31% Jan 18 68 Va Jan 27'A Jan 23 13 * - ' 36% Feb 1 23 13 »/2 Apr 2 16 29 '/a Mar 14 Apr 10 9 Jan 102 20% Jan "30 12% Jan 23 * 61 % 13% Jan 10 14 Feb 13 71- May 27 19% Dec 5 15 Apr 15% Jan 75 10% Jan 9 4% Jun. 12 Dec 31 25% Jan 4 18% Feb ' 8 30% Sep 26 37% Feb 20 18 145 30 Va Feb 28% 28% 30 Windsor 21 14 34 10 "131 22 May 13 • 59% 58 VA 91 91 91 24 Vs Industries 24% 24 Va 24% 59% 59 Vs *57 6c/o 28'/a *28 32% May 13 Woodward Iron 12 45 »A Jan Woolworth (F W) Co 41% Jan 23 60% Nov 16 15 52% Feb 12 88% Nov 29 99% Jan 24 87% Jun 13 64% May 29' 92% Mar 15 83% Nov 30 98% Mar 83 13 88% Jan 26% May 24 34% Aug ,Feb Feb 20 8% Apr 27% Feb 12 7 3 11 30% Jan 14 Jan 19 36% Dec 12 31 Feb 12 35% Jan 2 83% Feb 8 131% Dec 10 99 Mar 12 123% Jan 2 24 20 Jan 16 29% Nov 28 25% Feb 12 - 30 May 27 •Bid and dend v 51'A 28% 52 VA 97 Va 96% Co 26 26 40 40 40 58% 59 60% 39% *39% 54'A 59% 57% 60% 15 14% 14% 71 71 *70% 72% 15% *15 16 *15 15% 4% * 4% 4% 4% 4% 4% X22% 22% 22% 22% 31% 32 120 30 .42% 43% 42% 43% 62 62 62 88 *88 84 28% 28% 31% 104 32 107% 28% 28% *7% 28% 22 Va 22% 31% ' . 31V4 *120 123 22% 300 8.600 ; . * 4,800 ' 40 . 21% 21% : 30% 31 Vs * 30% 41% 42%~ 41% ? 32 41%-' Vs 1.300 ' 31%'; 123 300 : • 2,600 22 31 43 62% 63 % 63% 64% 63 Va 64 88 87% 87% 87% 88 84% 83% 84 % 83 5 a 83% 7% 7% too 29% 27,100 88 7% *7% 7% 7% « 74,000 5,100 • 140 •' , 700 29% 28% 29% 31 % 106 31% 31% 1,100 108 % 103 Va 28% 29 Vs 25,900 3,300 29 29 28% 29% 31'A 110% 28% 29Vs 29 V® asked prices: Ex-rights 91% Feb 3 no eName sales on 12 121% Apr this day. 8 Zenith Radio Corp No par 110% 112 113 114% 4 ,114 tin receivership, or petition has been filed for the company's reorganization, a Deferred changed from Harris-Seybold Co. 116%;.,. delivery, r U4..116% Cash sale. 114 — ' 3,300 31% 31 Va 108% 110% 29% 32 108% 28% 4% 21% *83% 7% *31% 107 4% 41% 84 % —10 *120 • 30% 88% 84% 22 31% 31% 31 Vs 84% (L A) Spring & Wire 5 Youngstown Sheet & Tube—No par Youngstown Steel Door No par ' 22% 88 7% 4% ' 123 22 % 62 7% Young < *120 22 Va 30 % 31% 31% 120'A 22% 30% 10 22 34:900 14% 72 Va 14% ' 24,2004 14 *15 123 200 *y'1,200 *70Va 22% 22% 61% ' *15 *4%31 Va 60% y 4 22 >4 123 -: 40 % 14 V 1 10 10 62 Vv 5,400 9'A 26'A 40 - 260 71% 35% 15% lo 40% - 4,700 ' 71% 71% 100 9 *26 9% 26% 40'A * • < 14 14'A Corp common 10 Prior preferred 4V2.V0 series..100 Wrigley (Wm) Jr (Del) No par Wyandotte Worsted Co 5 Yale & Towne Mfg Co 9 *26 9% 9% 26 Vs 9'A 100 97'A *28 '■ 400 ■ z 101^;jUIy 30 ;,"rI41%Jan -— 51'A Vs 9 *39'A Worthington t 50% 97 '300 e.ioo • 63 VA ' 51% 15% preferred' 10 6 •' - 12,SCO " • - 98 26 Va Vs 26% • 28% 13% Wisconsin Public Service Corp 41V4 Jun 22% Feb 51% *96Va 71 Va Wisconsin Elec Power Co com Mar 19V 26% Apr 7 9 *28 52 % 99 *97 10 10c Inc 27 4 51'A 51 99 ' 60 No par <Wlnn-Dixie Stores Inc 50% Mar 19 10% Jan 9Va *26 Vs 28 Va 60 .No par $4.25 preferred 36% Feb 31 50% *97 5 19 7% Dec *28 50 preferred/ convertible 43% Dec 9 „100 common..1 __20 21% May 15 29% Oct 1 24% July 10 1 Wilson-Jones Co 9 5% Jan Jun 123 preferred -I Sewing Machine Wilson & Co Iric common 2 23 Vs Apr 21% Jan Mar 22 s * • Oct 20 Wilcox Oil Co. Jan31 19% Jan 24 4% Dec 26 127 $3 13 47 May 17 30 4 20 (The S S) common Prior preference 18 r" 62'A Jun '■ 16% Apr 82 Va Apr 30 17 ' White Co 59 59 Vt ' 13 Dec 69 Motor 5 'A % 59'A ' 29 14'A Jan r White 7 29 Vs Jan ?9 100% Jan 1 39% Apr 45% Feb May" 10 * May 27 25V4 Apr White Dental Mfg 28% Mar 14 53% May 24 12 95 Va Mar 8 26% Feb " 44% Feb 60% July 24 Jun 99 8 58% 58 91'A 24 91 59 92 " 21% Jun ' .114. wdWhen distributed. .<.2,390 xEx-divl- * ji Number 5647 Volume 185 . . The Commercial and Financial Chronicle . Bond (2825) Record ; «« New York Stock Exchange FRIDAY italic The letters In column headed the Figures after I Range for Previous Lowest £8 Dec 17 98 Lowest Highest. Dec 17 Period" 'Interest decimal point represent Highest or one Low w ' *90.28 91.4 *96.12 " 96;i6* .1960-1965 *100 " Treasury 2 VsS Mar 1957-1958 12 9<X13 Dec 12 91.3 Nov 13 90.12 Dec 12 90.12 Deo 12 SOU Dec 12 90.26 Nov 13 £3.21 Dec 12 £0.22 Nov $5.14 Mar £6.30 Nov 13 91r20Mar28 88.10 May 31 9 13 96-30 Nov 97.8 92.24 Feb Mar 28 97.8 11 Mar 28 96.12 100.4 " *100 100.8 *99.13 99.15 *98.16 98.18 *95.4 95.8 95.8 ' ,, 90.14- *90.8 • 93.24 *89.2 ; 83.24 *86.16 88.20 *o8.14 68.18 1966-1971 *88.12 *89.4 88,16 88.22 June 1967*1972 *88.12 Sept 1967-1972.*87:30 Dec 1967-1972"" ~ »88:i2 __1967-1959 * June 15 1958 *88.12 88.16 *88,8, 93.16 *90 93.4 88.20 r >88.6 .'*89.22 88.30 * 88.12 >88 > * *87.16 89 Dec 97.20 Mar 12 99,28 Jan 13 89 101.46 Feb 102.16 Jan May 15 17 102.16 Jan 24 5 *87.26 , 88.4- , 103.4 May 16 96.16 Apr 101.16 Apr 24 *97.28 98 23 *97.26 97.30, *97:24 *98.29 98.31 *98.27 *96.30 97.1 *96.27 96.29 *93.16 1959-1962 93.20 *93.18 93.22 *93.16 93.20 *93.14 93.18 *93.8 93.12 . *93.10 93.14 *93.12 93.16 *93.10 93.14 *93.6 .93.10 *92.30 93.2 Nov 15 1960 *95.12 95.16 *95.12 95.16 *95.10 95.14 *95.6 95.10 *95 95.4 •• *86 87 '• >; .*84 : 86 ' '• 'L: "• '•*' * May 15 1975 *89.16 Oct 15 1971 *93 Jan 1 1969 *94 Jan 1 1977 *100 Sept 15 1959 *96 July 15 1972 ' 1 1976 Oct 1 *82 \ Oct 1 1958 May 2s 2s asked price./No sales transacted this 123465 e Cash sale, r day.' tThis Issue has not Registered bond transactions. Ntw Yerk Stock Territorial Issue— Panama Interest Exchange Period 1961 • - • A' , . Jan. 1 Low 151 91% ENDED 4s 2nd ser 7s 3rd ser fd of) Jan-July 1962„ 98% *83 V2 22'—, scries. No. 23——: Feb-Aug A 6s *88 Va 89% 89 » 30— 91% A8s 51 95 93 94% 95 Vi 13 90 94 5 90 Va 9434 23 Consol AChilean bonds 3s ; ' A7s 98%; 25 89% 93% 97 99 V4 §ACologne 99 Tu 9934 100'a 32 9934 f 6Vis of 192C due Stamped pursuant to Plan A 134 — 134 118% 107 1 135 Va: 99% April-Ocf April-Ocf A 3.375%)- 1979 lA7s (Central Ry) 1952 Stamped pursuant to Plan A of 1927 90 90 — 1 77 ' 112 V4 — 72 '/a 72 Va 73 Va — — — 723a 723a 39 73 Va 65 ref 6s Stamped 119 66 Juae-Dec — — 89 Va CO 0 June-Dec 90 66 76% 98 — 89 Va 3 3%s 3V4s series series No. No. 3%8 series No. 3%a series No.. 3%s. series No. 3%a series Nb. 3%a series No. 3%s series No. 3% a No. 3%s series series No. 3% a: series No. 3V4s series No. 3%a series No. 3%s series No. 33A a No. series Aprll-Oct 99 % 76 — 2 June-Dec 99% 11 *99 Va 100 97 June-Dec 95 34 95 V4 95% 7 89 98 V2 97 3 « 98% 6 91 99% 99% 1 95 *78 i- • June-Dec see page *93 . June-Dec 11- 95'% —— *96 *92% *95 June-Dec 95 June-Dec 94 Va June-Dec --- " * 94 V >94 95 2 —— - 96 03% 3 " 96 94 Va - 93% 83% — 81% 47% •44 43 </4 II - 43 Va 43i/r 7 47% 47% . J, • 47% 42% 46% 47 47. •78 H/'. *44 ; *44, 48 *78 , ,4 ■ rnmm- • 80 . *44 44% *78 6s 1962 May-Nov May-Nov Mar-Sept ♦78 •44 80 •44 1960 48 48 7s June-Dec Mar-Sept 1961-Aprll-Ocf 80 1- •114 " ■MB *114 •" 5434 1970—April-Oat April-Oct May-Noo Feb-Aug 54% "i 5434 6%»s 1947 1946 1947 7s 1951 14% 118%. 121 , Jan'J^yL 1972 47 9% MM* **— < , 81 43% 12 :,/4 12 % 80 81 - -- •75 May-Nou 59 Va April-Ocf Jane-Dec Jan-July 103 Va __ 59% 103 ' 60 9 103% 6 •50V'e * 51V4 — (Interest reduced to 1960 April-Ocf : 443o 443a 443a 6 SECURITIES 96 93 1 94 V2 98— 92% 93% — — 96 91 Va 98 96 93 —— 9(i 80% ei v* •78 Carl Marks & Co. Inc. , 92% 97 *94% — June-Dec -- r_ 94% June-Dec 33. — *95 r* June-Dec June-Dec 99% 95'% 84 48 80% •44 mm FIRM TRADING MARKETS 96 9_ 10 *95 80% —' — •44 FOREIGN 96 94% June-Dec June-Dec 46% 82% 46% 47 —. 48 ♦78 99 Va 96 1 June-Dec 7 8 46% 8OV4 98% 5 80% 81% 44t —— 97 June-Dec 62 79% ~ For Financial Institutions 9934 3_ 90 00 9934 4 334a series No. FT— For footnotes ♦7234 June-Dec FOREIGN SECURITIES SPECIALISTS ^ - 90 ■ 82 *44 __ 95% 61 ;!• 64 — 73% 82% 58% — 70% 60 103% 106 50% 53 44 5a (State)— assented extended to . (Plan B>- 1 93%. 00 1 --■/ funding bonds of 1931 due 1951 Stamped pursuant to Plan A (interest reduced to 3.375%) 1979 External dollar bonds of 1944 i , *78 April-Oct 1961— (Republic of) 50 Vb __ (interest 1978 94 80 132 77 4 99 94 ' *44 ,. ^ 20 BROAD STREET TEL: HANOVER 2-0050 • — ' 85 94-- V 12'-., 40%. r> 2../,, V 80% (Interest —April-Ocf ' 99 - 99 94 . 77 132 6%) 90 : 93 ■* ,•44 Mar-Sept bonds 1953 due Czechoslovakia 76 Va ? - . 87V4 >7a:: ^ June-Dec —June-Dec 1961 (Republic of) 4»/aS external 1977 Cundlnamarca (Dopt of) 3s 1978 112 Vt \ '"99" - V" '» *86 > ^41 June-Dec sinking fund dollar bonds $ * ♦78 1957— Cuba 90 119 — Jan 90" ♦ >97 50 Va June-Dec § A Sin king fund 7s of 1926 due § ASinking fund 7s of 1927 due 3s "■ (interest 1957 AOs lACosta Rica Aprii-Oct 1979 " April-Oct | A Colombia Mortgage Bank 96V4 106 Va June-Dec 1957 1927 due ~6 9734 ♦115 June-Dec -April-Oct Stamped pursuant to Plan , 165 +*« 99';} " 86 (ja May-Nov 5s 1951 e'/ak 1950 6s of 1928 Oct (City of) A Colombia (Rep of) 3s ext 973a 1964—June-Dec 1950 3.375%) 165 -94% ' 1993 AChinese .(Hukuang Ry) 23 — 99% • Feb-Aug assented I960 9334 92 V4 — ♦94 April-Ocf -— Municipal 97% -Feb-Auy *' :5; 4' r;86> —April-Ocf Feb-Aug >' 1961— 91 % 100% " 50'/a April-Octi( 1963 1961 97% , 97 ' ♦94 May-Nov AGuaranteed sinking fund A6s assented 1962 _Feb-Auy 4s ^94 > 90 '.98%- >94; •44 1960^—: 6s sinking fund assented J"' '• *• 5 96% 96 • April-Ocf fund 97 V2 (U 8 of) external 8s 1941 reduced to 3.5% ) 46% 1 923 a 92 % __ Stamped pursuant to Plan A (interest - • reduced to 3.5%) 1978 June-Dec t 6^8 of 48 Va 94-^V— 1 ,*78 1963 assented AGuaranteed v'! k < *92: ;.' ; 98 Va,1 99 99r7'" v June-Dec 1962 __Afar-Sept 4%s debs adj (series 8) 1965 Eelgium (Kingdom of)-extl loan A Berlin (City- of) 6s 1958— loan A 634 89 -ji.''• •% ^ '■ June-DeC 6s 1962 Mortgage Bank fl'/as A6y2s assented. 1957-^ 90 90 90 —May-JRfpy 6s Feb 1961 1961 sinking fund • 94- 98 -•>.»^ f 7s 1942—May-Nov ——, A Chile ' i ,J m-a ,T-i—June-Dec ; s c .«e-, High- ' Feb assented Jan. 1 Lov>- No. ■ assented 1960 assented Range Since Sold June-DeC —— assented 1942- Extl sink fund $ 90 89 *88% 48 Va A 6s Bonds *-03"T. _June-D«o — (Republic), external assented " High June-Dec — —: AExternal sinking 89 9.0 Wmt *33 Va — 89% 88 ■ ^, A 6s 99 V4 90 Sept. 13 at par. on ,1' , •95 ———June-Dec .: ——_June-Dec ; AExternal sinking fund.6s 98 V4 ' Range Friday's r (Dept of) 30-yr 3s s f $ bonds r1978-Jan-Jnlti (Dominion of) 234s 1974—--h——Mar-5Tepf 7 5 A 7s 8934 5 " «r . 234s 1975.— —L—>—Mar-Sepf Cauca Val (Dept of) 30-yr 3s s f bds 1078-Jan-JttZy — 93 91.16 Bid A Asked *■' \i June-Dec ——_June-Dcc __ 1945- . June-Dec 29^,.^ series No. 334s __ Week's Last Sale Price 28 No. June-Dec O^s ' ——_r series No. 24_^ No. 25 334s series No. 99 V* *90:i6 —June-Dec series 33ks series Teletype — 91.16" 95 ——4.—June-Dtec3 No, June-Dec (Free State) 5% "'•> • — 19—„ " — "15-year'3% 3 1969 15-year 4r%s 1971— 13-year 5s 1972_: to ; 18— No. 334s; series NY J-1693 *83% ■ - June-Dec reduced Period 21 J———- series 3348 AExternal 1957_April-Ocl 1957_April-Oct June-Dec to Interest ■ . AExternal sinking fund 6s Sept 1961—Mar-Sept AOs assented Sept 1961—„—— Mar-Sept Jan-July 1957_April-Oct 1987 3 Beries No. series No. " Feb-Aup 20-year 3»A>s 1966- reduced BONDS ARy external sinking fund 6s Jan 1961—Jan-July A6s assented Jan 1961— Jan-July Mar-Sep - 1959, optional 1956, entire issue called York Stoi'k Exchange 334s series Npi 20,—r—-— "7 April-Oct 1968 ' •92 *90.16 91;T6 •94 93 Friday 334a " — f $ bonds 1978—.' Australia (Commonwealth AExternal due ^Treasury 234V - 97 95 *92 25-ycar Broadway, New York *88 Va 7s s >•90.16 *96 *94 >, Low A 6s sink AExternal 97 83 AExternal sinking fund sinjc fd §A6V6a external *96 95 *92' 14 < New § A Chile sec lABrazil 97 *94 High Wertheim & Co. sec lABavavia *96 ; . : 1: Caldas A 15-year 3%s JUNE ' i Canada AExternal sinking funds 7s 1st ser 3VjS 91.16 1 . Foreign Securities ABitemal 20-year 98.24 334s series No. 27_ *88 Vi s *97.24 ^ 334s series No. 26 §AExternaJ sinking fund 7s ser D 1945 30-year 3s 97.8 98.24 , ' 98 SI 100 *97.24 91.16 WEEK •99 98.24 *90.16, ■ ' 100 96.16 *97.24 93 FOR *95.16 *96.24 95 *90.16 *99 100.24 97.8 Brazil (continued)— Members New York Stock Exchange 96,16 :-1 94 *100 ♦96.24 *92 Foreign Government and Municipal External 100 100.24 *96.16 93.8 *93 97.8 *94 334s (Kingdom of Norway) *100 89 *92.8 v- *96.24 • 334s (Dept) collateral 7s A 1945__Jan-July §AExternai sinking fund 7s ser B 1945 Jan-July §AExternal sinking fund 7s ser C 1946__Jan-July 100.24 *99 : 93 3%s Agricultural Mortgage Bank (Columbia) §AGuaranteed sinking fund 6s 1947 §AGuaranteed sinking fund 6s 1948 94 97 *88 ■ '5 93.8 *93 97.8 95 " 120 • 89 *92.8 >•» 84.16 83 «' *96.24 *92 ' REctor 2-2300 SAAntioquia '100 *94 , Telephone Akershus 100 *88 * •81 ' ' *96 97 Range Since1 No. 96Vb •100 98.24 , Sold 95*'* *99 ' 89 95 86 *83 83. *8i • 94 '\ *94 97 *97.24 : * *96 97.8 : 95{$ . 100.24 *96 *103-la 104 June-Dec v .. 97 RANGE Bonds High 6,lO;';'; <85 85 >83.16 'r 83 ' *88 *93 ' 98.24 - Corporate Stock 1980 95 *100 97 *96.24 ' ; 94 *94 . 100.24 33/«s ;'v ' 91.16 *93 . 95 *99 1 1973 , Bid A; Asked Quar-June : City .*89.16 94 yet been admitted to Stock Exchange dealings. orlYiday's Sale Price 91.16 ;; *97.24 Week's Range La/it ;J:*85,ir> 87 85 ' ' *96 * 3s Canal Transit tTctficatlon Lssue—• ! . Low New York 3S4 as , Friday BONDS - *83.16 *81 V * due Feb 15 1961 due Feb tS 1962 2fl transactions, 84 - due Feb 15 1959 due Feb 15 I960 2s „ 84-' ■: ' 113 %8 at Odd lot *86 86 *82 t 87 *84 ' 1981 Serial bonds of 1950 2s due Feb 15 1958 . ;*8G : ■ ' ...Mar 21-ycar 4 Vis ; 98.29 Dec 1959-1962 ... i 87.20 i.--a 97.28 98.31 15-year 3Vas 20-year 4y2s 115-year 2Vis : >87116 97.1 30-year 3Vis 23-year 3%s 4 > 87.20 87 *98.29 5 104.24 Feb 87;30 - 87.20 *87.16 *96.30 25-year 3s • *87.16 *86.28 , 97.3 25-year 3s : ,, 8l'12 99 4 24 88 *97.1 14 96.16 Apr 87.30 >87.8 ■>87.26 87.20 *98.30 Feb 90.30 Mar 87.22 v 99 Feb 17 Feb 90.30 Mar 87.20," *87.18 97.3 90 9 87.28 *87.22 >[? *97.1 92 4 *87.24 88 *98.30 Sept 1957-1959 19-year 3Vis Feb 90 24 910L16 Jarr 16 101.16 Jan ICO.8 £; Dec 88.4:.,;88.2 *'87.26 „ 88.6 >88 ;'r 88.10VV *88.8't 88.12 98.2 V ' *97.30 98.2 '5H *97.30 89.18 88.10 *87.30 , 88.4 87.20 94.28 *87.28 , !* 88.8 88.6 >88.2 ; *87,16' 88.14 ' 88.2 99.14 98.12 93.20 >88 88.12 •* >88j.16:, 88.16 100.4 *99.12 98.15 ' Reconstruction & Development Dec 84 *99.28 99.14 *94.30 International Bank for £9 100.8 >88.16 •,,• *88.4? ... >99.30 100.2 100.4 ' 95 *93.12 90.4 *88.2 ■ *94.24 , > •98.1095.2 y'.-i *94i24 89.26 't >89,14 ' W?88-8', ; *83.16; 88.20 96.2 *99.12 >98.13 . 95.6 ■i >88.£6 89.16 *95.30 *100 99.14 *93.16 89.8 v *89.8 96-8 *100 *90 V, 95.16 90< > *96.4 98.17 >95.2,- y, the Week Bonds($) High *95.8 100.8 *98.15 . Sale* for Friday June 14 Low *89,24 , * *99.12 . 93.24 -J >88.18 ':"' 100.4 ' 90.12, • *93.20 89.6 *88.20 June *100 ♦100 > 99.15 ..1965-1970 ... ": 98.18 Dec 1964-1969 ... ■ Thursday 90.12 *96.8 >93.20 ' 1963-1968 " " June 13 Low High ,, 95.24 *90.4 96.16 *90.10 June 1964-1969 Treasury 2%s Treasury 2%3 Treasury 2 %s Treasury 2%s Treasury 2 Vas Treasury 2^8 Treasury 23as Treasury 2%s Treasury 2V<i8 Treasury 2%s Treasury 2%s Treasury 2 VaS 8 95.11 Mar 13 91.20 Mar 23 i *95.16 90.30 :>95.4 Aug 15 1963: Treasury 2 %s Treasury 2%S 96.4 *90.22 T 96.12 > *100 *98.16 1962-1967 ____ Wednesday June 12, High ■ Low High *99.13 1961 Treasury 2%s Treasury 2%s Low >95.28 100.8 *100 Treasury 2%s - ." . 100.4 .1958-1963 Dec 16 1958 T 1 " June 11 ■, _ 96.8 Treasury 234s 91c 12 Dec High *96 1995 1961 - the bon<W mature, Tuesday > , 1978-1983 Treasury 2%8 12 the month when of a point. Monday : June 10 , EXCHANGE Treasury 3%s Treasury 3s Treasury 2%s. Treasury 23is £•1.12 Dec case 32nds more LOW AND HIGH SALE PRICES Y - NEW YORK STOCK v YEARLY - indicate In each GOVERNMENT BONDS Range Since Jan. 1 Year 1956 • WEEKLY - NEW YORK 5, N. Y. #"*~ TELETYPE NY 1-971 , 29 The Commercial and Financial go Chronicle . . Monday, .June 17, 1957 . (2826) NEW YORK STOCK EXCHANGE BOND RECORD RANGE Interest BONDS Stock Exchange York New Last or Sale Price JTcriod Bid <& Asked 99% (Kingdom of) extl 4%s 1962—April-Oct El Salvador (Republic of)-3Vis extl s f dollar bonds Jan 1 1976__Jan Juy 3s extl s f dollar bonds Jau 1 1376 Jan July AEstonia (Republic of) 7s 1967 IAFrankfort on Main 6%s 1953 — 4%s sinking fund 1973 -----—-----May-Nov German. (Fed Rep of)—Ext loan of 1924 5 Vis dollar bonds 1969 Apr -Oc 100% 72 V. 70 71 — *17% ~ 18 Va 18% ... 76% 76% 80 . _ : 96% 83% 83% 99% A 8s 17 ;h 69% A 7s series 79% 84'A 74 74 1972———---—-—-June-Dec loan) — —-—-April-Oct dollar bonds 3s §A7s gold bonds 1949: German Govt International 67 23 %s assented 1958 South Africa (Union of) 69 64'A 135 132 __ i ^ (Young loan) — 4Vis 1965Taiwan Electric Power Co Ltd— A 5 Vis (40-yr) s f 1971— —: 5 Vis due 1971 extended to 1981 Tokyo (City of)— 1 123% 118 3 123 123 123 June-Dec 1965——— 193a due loan *134 17% part paid 1964,———• ^ ® A6s part paid 1968——-— —-—~Fc!?" IA Hamburg (State of) es 1946 April-Oct Conv & funding 4%s 1966— — Aprll-Oct Heidelberg (City of) ext 7Vis 1950 Jan-July Hclsingfors (City) external 6Vis 1960 April-Oct Italian (Republic) ext s f 3s 1977— ..—Jan-July Italian Credit Consortium for Public Works 15 Vi 83 17 13% A- 16Q % /■• 165 V. 82 78 V4 — v §A5s sterling loan of '12 1952 §AWith March 1 1952 coupon Tokyo Electric Light Co Ltd— S A6s 1st pitge $ series 1953 65 74 . *115 — . :/ 66 Vi . .r- 191 Vi ioivi 3*0 102 ' ' ' AJugoslavia (State Mtge Bank) 7s 1957—April-Oct AMedellin (Colombia) 6Vis 1954 June-Dec *13 Vi Jan-July 50 Vi 1965- *30 extended to 30-year 3s s f $ bonds Mexican Irrigation— 1975— 1978 §A4Vis assented (1922 agreement) §A4Vis small 1943— — ANe\v assented (1942 agreem't) 66Vi ' 16 . T£ 50 !i 13% 471/4 15 Alabama 51 % 8 A5s 1945 13% ( § A Large new (1942 A Large A4s of 1904 new . h: .. 18% 19 18% ... (asspnted to 1922 agree't) 1954 due 19:!* *19 ———— 18% 19% *19 . ASmall A4s *19 June-Dec assented (1942 agree't) 1968_Jan-July |A4s of 1910 assented to. 1922 agree¬ ment) 1945 Jan-July § ASmall *13 V* 13% ' — 1 94% 92 9a % 98 Vi 96% 92 99% 91 98' 94 182% 98% 98% 77 77 89 _ 96Vi 85 85 20% 22 *17% 96 81 15 'oo *18 96 87% 82 81 95 / 90 4 87 » % 77 *82 186 100 Vi 97% 19 99% '.Z May-Nov ' 22 24 17V* 181V.' 99% 95 99 % 99 % 19% 179% *180% June-Dec 3s Apr-Oct 13% 13% 4%s 5s subord debs conv 75 89% 90% 49 89'/a 98 96'A 17 95 Vi 98 %- *__ 97 88% 88 93% 99 '/a 99 100% 47 99 105% 97% Feb-Aug June-Dec 97% 97% 13 97 Vi 100 100% 102'/a 141 100% 100 % 68 84% 91 90% 77% 90 '■■■<■ 261 106Vi 127 112% 76% 77 113 125 120 76 80% 269 102% 80 17 79 VA 84% 81 % 81% 24 81%* 88% 75% 78 :' 25 75 81V* 80 80 14 79% 84%' 111 111! Feb-Aug 1977 82% 83 95 82 Vi 90 *95 s 103 «/4 89 95 *86 Vi June-Dec 1966 f debs 1964—May-Nov American & Foreign Power deb 5s 2030—Mar-Sept 4.80s junior debentures 1987— Jan-June American Machine & Foundry Co— 4%s subord conv debs 1981 *, Jan-July 3%s American Bosch Corp. 75 90 April-Oct f debentures 1980 Airlines 3s debentures s Americazr 75 73 '3 123 % 75 —April-Oct Apn'l-Oct 1979 99% 112% 100 110% 115 90 97 96% 115 97% 81% 10 85 85 90 94% 94% *94' 85 Mar-Sept May-Nov 1970 Co of America 3 Vis 1964 debentures f s 90 92 Vi 1975.—April-Oct 4Vis subord debs 4Vis conv INDUSTRIAL COMPANIES 1967— 4%s sinking fund debentures' 1982— .Jan-July Aluminum Co of Canada Ltd 3%s 1970—May-Nov 1963-Jan-July agree't) 96 V* 92 May-Nou 3 Vis 1972——Jau-July —..—Mar-Bept 1st mtge 3Vis 1984 Susquehanna RR & Inc Aluminum 1945_Quar-Jan _ assented 87% *00 ——Feb-Aug Feb-Aug June-Dec Allegheny & Western 1st gtd 4s 1998 Chemical & Dye 3%s debs 1978 § A Small A 5s 18 *184 Allied — agreem't) (1922 20% 83 92 % June-Dec Allegheny Ludlum Steel Corp— 4s conv subord debs 1981. • assented 17% on— Alleghany Corp debs 5s ser A 1962 141/4 Quar-Jan _——— Co 3'As Southern Power 1st mortgage — due Great Alabama . 15 10 87% 88 19» *168% RAILROAD AND Albany *14% 24 19% readjustment 1984 —Jan-July Valley (Dept of) 100% Aldens !———.—— 102 V2 21% 178 Va (Republic of)— of 1899 § A Large 8 ASmall 25 191V* 100 2j 100 *164 (City) external 7s 1958 A4 Vis assented 1958 AYokohama (City of) 6s of '26 1961 6s due 1961 extended to 1971— „ 104 191% 100 *20 Jan-July Jan -July A Warsaw 195% 100% 98 11 99'% 1968 §A5s 15 conversion 3 Vis external 120, 175 Vi ... '' ' ' 99 Vi 1968—Jan-July Mexico 12% 1979———May-Nov 3%s-4%s-4&s external conversion 1973-June-Dfec 4s-4%s-4Vis external readjustments 1973 Feb-Aug T 1943—May-Nou ASmall 14 Valle Del Cauca See Cauca 117 *170Vi of loan 1905 58% 59 66% 64 May-Nov May-Nov extl due 13% *188 ——...—June-Dec 1953 extended to 1963 External *116 *116 (Kingdom of) 7s 1951 Jane-Dec Japanese (Imperial Govt) — A6 %s extl loan of '24 1954———Feb-Aug 6Vis due 1954 extended to 1964 „Feb-Aug IA Italy A5Vis 15 13% June-Dec y.—June-Dec Uruguay (Republic of)—. 3%s-4s-4%s (dollar bond of 1937) —External readjustment 1979 v 61% / 56% — .;. . 65 58%, 58 61 Vi 60'/* 61 Vi 101% 99 100 61'A Italian Public 5Vis 13'A Aprll-Oct April-Oct ...——Mar-Sept extl loan of '27 1961 A 5Vis ■ 8s *95 65 B 1947 Utility Institute— 30-year gtd ext s f 3s 1977————-Jan-July § A External 7s 1952 ; Jan-July series 12 v ■,.1 *80! i Jan-July Mar-Sept 30-year gtd ext « f 3s 1977—— 15% ?; 18 15 % 17% 15'A A7s §A7s 88 14 5%s due 1961 extended to 1971.— Government— Greek 92 14 Shinyetsu Electric Power Co Ltd— §A6%s 1st mtge s f 1952 June-Dec 6Vis due 1952 extended to 1962—. June-Dec ASile.sia (Prov of) external 7s 1953—'r——.June-Dec 89% 85% 15 65% 67 89% (extl loan 1924 Dawes German 5Vis 88% 88% Jtune'?^„ 95% High 92 -May-Nov .May-Nov 1962 external secured 74 % 70 4 94 Low 14 secured external 1962— 65 83 7 a 87 . — A 4 loan of 1930— bonds 1980— dollar (Kingdom) 95% B 91 Vi No. April-Oct 2012 14 66 % International 5s reduced to 2%) 13 96% 66 (interest —Jan-July to Plan A (interest Serbs Croats & Slovenes . Jan. 1 91% —Mar-Sept •/ Jan-July 1956— external water loan Stamped pursuant to Plan A reduced to 2-25'% ) 2004.. A 6s external dollar loan 1968 Stamped pursuant • Range Since Sold High continued— of) (State Paulo Sao 75% "I Bonds Friday's Bid & AsKed Low 7s Apr-Oct 1972 dollar bonds 4s 99'A 71 71 or Sale Price High 30 *73% 71 1063—Jan-July due 1953 Low No. High Fermd Stock Exchange Week's Range Last Interest BONDS York New Jan. 1 1953 issue— Prussian Conversion 14 Range Since Sold 99% 100% April-Oct bonds 1972 dollar 3s JUNE ENDED Frida y Bonds Friday's Low Denmark WEEK FOR Week's Range Friday . A4s new assented ASmall (1942 agree't) — 1963_Jan-July *17% 17% 18% 18% (assented to 1922 assented Jan-July (1942 agree't). 1963-Jan-July 21 extl sink fund 6Vis 1955 -Mar-Sept Stamped pursuant to Plan A (interest reduced to 2.125% ) 2008— _Mar-Seot Norway (Kingdom of) — • External sinking fund old 4 Vis 1965 f extl loan s 1965 new y-— *451/4 A5Vis 5Vis extl due loan — 1958 8APernambuco Stamped ' to 7s 1968. Plan 2008 (Republic of) A Nat loan extl s ANat loan extl s external f 1st 6s f 18 991/4 IOIV4 99% 14 97% lOOVt 99 % 99% 7s 99% 100 Vi 99 99Vi ■ 92% May-Nou *42% ~4 100 172 96* 67 3a 44% 77Vi 80 76 80 76 79 Vi 17% — A4Vis assented assented 79 1958 1968— 79 *18 11 223/4 25 26% 19% 20 15 17% 22 22 1 21% 247/a 17 an-July Alegre (City of) J— 1961 stamped pursuant to Plan A (interest reduced to 2.375%) 2001 Jan-July 7Vis 1966 stamped pursuant to Plan A '" (interest reduced to 2.25%) 2006 —Jan-July APrussia (Free State) 6Vis ('26 loai)) '51_Mar-Sept A6s s f gold extl ('27 loan) 1952 Apr-Ocf Vi 20 6 Porto 8ARI0 de Janeiro Is 1950 (City of) 8s Stamped pursuant to Plan reduced to 2.375% ) 8AExternal secured 1946 A 6Vis reduced to 2%) 51% 52% 47 52% 49 49 46% 8 A 8s external loan of 1921 87 *90 88 91 >A7s 2%) 65 65 62 65 39% 39% 37% 47 56 April-Oct 8 A Rome (City of) to 6 Vis 64% 65 Vi 58 3/4 70 70 *48 Vi 53 70 45% AprfZ-Oct 8s 1936 stamped pursuant to Plan (interest reduced to ?.5%) 1999 external For to 2.5%) footnotes see . A 1999— page 33. 60 46 Vi *115 115 49 117 128% ^ - *55 — , 59 55 96 96 % 95 91 37 89% 14 89% 89:% 7 135 Va 99% % , 101 93% 97 Va 88 94% 95 89 7 97% 75 71% 70 94 Vi *99 *• 99 !i 99% s 4 44 95% » ' 102%' ; 99 106 102 %\, 72 99 5 :... 93 92 -- 97 — 97 94 97 99% 90 90 / iv 78% loavi 102 100% 99 --• 94% 77 81 70 168 95% ;*92!i , 92% 80 79 Vi *75 *81 70% 98 88 98 90 — 103% 93%' 97 98 Vi 89'A 92 Va 91 96 ■ 89'A — 91 10 89'A 91 2 r 75% 77%'(■ 74'% 74 7os.a ♦74% 100% 59 conv Buffalo subord 4%s debs 55 Va . *92 93 90 95 90 •• *85 ' *76 91% I960- 3s 1976 consol gtd 5s A 1962 Canadian National Ry gtd 4Vis 1957— 4% Pacific Ry— consol debenture - - 92 94% Case (J I) & 129 133 V* 155 129 144 - 86% 5 88! 87 2 87 a 86 91 % 61» 124% 91%87% 90 158 85 89 V* 70 79 — 70 75 77 77 66% 72 66% 67% 50 49% 50% 20 48 58% I 91 Vi 92% 8 90 92% 80% 82% 86 Va 96 95 97 106 126 < •. 124 June-Dec April-Oct 221 120% 126 82 % ,.; "10 101% 101% 87 % 111% 124% 8 ' 82 Vi 107 82% 122% 124' 100% 101% 91 94 June-Dec ... May-Won Apr#-Oct Jan-July June-Dec 99 *104 % 65 % ..Feb-Aug ■ 82% 83 99% Jan-July ' Mar-Sept 93% 82 *91% ' (perpetual).— 4s 1965.! Adirondack Ry 4« 1981 3Vis debs 1978_l______ 93%: 20 Jan-Jdfy 1982^ first 103% 67 Vi Feb-Aug 1975_May-Nov Electric Power 90 100 Va 2 Jan-July 1981— 5s gtd 79. 85 38 142Vi 151 1976_Jan-July Jan-July Oregon-Power 3%s 1974— Canada Southern Carthage — 148% * Carolina Cllnchfield & Ohio — (interest *941i - ' * . general mtge Income Canadian * *110 Vi *87 70' 1972 Corp— conv subord debs 84% 74 135 87 - 1970_May-ZVot> debentures 1968 AprzZ-Oct Bush Terminal Buildings A5s ,■ Mar-Sept April-Oct Jan-July Niagara Elec first mtge 2%s Burroughs 75% 42 *151 May-Nov Mar-Sept 00— ,. 150 *130 *147% : Brunswick-Balke-Collender 89% 82' 84 — 100% 100% 92 Va 92 86 5s 3s 84 75 77 08 < - 4L 23 78 June-Dec Feb-Aug Jan-July series AC 1967 series JJ 1961 mortgage 4s series RR 196&__ mortgage 4Vis series A July Co 2 85 Vi 77% 77 76 May-Nou Jan-July 1980— RR— Vi 75 78 57% 54 '- California *54 Jan-July 94 96% 96 % April-Oct California ■' 24 373 97 Va *97% Jan-July __Jun-Dec . 1990 Brooklyn .Union Gas gen mtge 2%s 1st mortgage 3s 1980 Brown Shoe Co 3 Vis debs 1971 : - Jan-July , 1958 Stamped pursuant to Plan reduced A - 1989. 3Vis f mortgage 4%s Bristol-Myers 5s *50 " 75% 49% *52 — 54 75% *74 (City) 8s 1952 May-Nov Stamped pursuant to Plan A (interest reduced to 2.375%) 2001 May-Noo A 6Vis extl secured sinking fund 1957 May-Nov Stamped pursuant to Plan A (interest reduced to 2%) 2012 May-Woo Sao Paulo (State of)— . 88 132% 133 94% 94 \ a 84 Co 2%s debs 1981 Maine mortgage AInc 8A6ao Paulo IA 8s & First First *69 Jtme-Dec 1952 91! 89% May ——Jan-July I mortgage-2%s series I 1970 mortgage 2%s series J 1976 mortgage 3s series K 1979— (The) Boston First 2004 s conv: debentures Borden *80 June-Dec 2.25%) Vi a 3Vis (interest external reduced A 6 39% loan of 1926 due 1966 May-Nou Stamped pursuant to Plan A (Interest reduced to 2.25%) 2004 June-Deo 7s 1967 stamped pursuant to Plan A (Interest 85'A Bethlehem Steel Corp—• Consol Feb-Aug 2012 5 85 City Electric 6s 1955 s f debentures 1951— s f debentures 1959- Consol . to mtge Consol 56 Aprll-Oct internal sinking fund gold 1968 June-Deo Stamped pursuant to Plan A (interest reduced 85% * 96% Fep-Aug Mar-Sept —Apr-Oct 1970 § A 6 Vi 3 *72 A 6s , ref ABerlin *52 1946 85'A 97 Telephone of Pa 5s series C 1960—April-Oct Beneficial Industrial Loan 2 Vis debs 1961_M«y-Nov 91 Feb-Aug pursuant to Plan A reduced to 2.5%) 1999 90 Va f 132% Jan-July 1st & ref M 3s series Z — Stamped 96% 84 May-Nov mtge 4s ser B 1980— 1st cons mtge 4%s ser C 1995— *%3 convertible income Feb 1 2010 4%s conv debs series A 2010—— Baltimore Gas & Electric Co— 50 *90 April-Oct 2012 (State of) 89 22 Ry cons 1st Stamped pursuant, to Plan A (interest Rio Grande do Sul 148 85% 85% April-Oct — Air Line mtge 3%s ser A 1st cons (interest 1953_ 90% Bell -..Mar-Sept April-Oet 2001 89% 84 Baltimore & Ohio-RR— 8s 8ARhine-Maine-Danube 1995— debentures 1979 3Vis 22 19 4s Charl & 84 89% 84% Topeka & Santa Fe— 3%a 1963—May-Nou Atlantic Coast Line RR 4 Vis A 1964 June-Dec Gen mortgage 4s ser A 1980 —Mar-Sopt Gen mtge 4'As-ser C 1972..——I Jan-Juxy General mtge 3%s series D 1980— Mar-Sept Atlantic Refining 2%s debentures 1966 Jan-July Atlanta 1st 20 Vi 22 April-Oct 8 AExternal sinking fund gold 8s 1950—Jan-July A 4 Vis assented 1963 J ——, 78% 79% *75 < 81 *22 AAV'28 1976 debentures 4 Vis 'A ■ 92 Vi 67 .'82 *78% 8AStabillzation loan sink fund 7s 1947—April-Oct 96 171% ; 70 *79_ Mar-Sept I960—June-Dec 12 92% *66 (interest * Mar-Sept iric sub deb 1984." debs 1962 5s Associates Investment 3%s *18 • Co & Armour 101 Stamped 4s July 1 1995 99% 2nd series 1961—Aprll-Oct gold 6s 1940—T—April-Oct April-Oct 6s 8 APoland (Republic of) 75'A Aprll-Oct Quar-Jan April-Oct / May-Nou Mar-Sept Feb-Aug 1977 P W Products Co A General 1959 series 3 — 3%s debs Inc first gold 4s July 1995 5s 1966 Ann Arbor Atchison *168 i ,, June-Dec June-Dec 2%s debentures 1971 Feb-Aug 3Vis debentures 1984 1 2 Mar-Sept 8%s conv debs 1967— ..... April-Oct 3%s debentures 1990 -Jan-July 4%s debentures 1985— Apr-Oct American Tobacco Co debentures 3s 1962 April-Oct ; 3s debentures 1969 : Aprll-Oct 3 Vis debentures 1977 L Feb-Aug Anglo-Lautaro Nitrate Corp 4s 1960 June-Dec * Anheuser-Busch 99% *99% 100 Mar-Sept A 46 % 99 May-JVow 1947 to 43 *168 1958— to 2.125%) reduced APeru extended (State of) pursuant — 991/4 99'A Mar-Sept Mar-Sept 1963 (30-year) 1986 23/is debentures 1982 2%s debentures 1987 3%s debentures 1973 debentures 2%s , April-Oct April-Oct : Oriental Development Co Ltd— §A6s extl loan (30-yr) 1953 due 1953 extended to 72 ..Feb-Aug April-Oet Jan-July AprzZ-Oct V 79 , 4s sinking fund external loan 1963. Feb-Aug Municipal Bank extl sink fund 5s 1970—June-Dec IA Nuremberg (City of) 6s 1952 .Feb-Aug 4 Vis debt adj 1972 Feb-Aug 6s 47 72 ' *71% . 4Vis 117 43 *45% ASecUred ■ 21 114% — 21 20 Va 21 *114% 20 Va (State)— ASecured extl sinking fund 6Vis 1958—-Mar-Sept Stamped pursuant to Plan A (interest reduced to 2.125% ) 2008 Mar-Sept - ~4 21 *20% (City"off f A Milan Minas Geraes 2%s ' 8 ASmall new ,2%s 18'A 17V4 iar» *17% —..... lATreasury 6s of 1913 agreement) 1933 A6s Telegraph Co— debentures 1980 debentures 1975 1 American Telephone & —, . 16 100 — - 96! * r- *99% 101 *63 70% - 95 78% 86 99 103 103 iV ' 76 104ft 94 102 98 101 Va 63 65 78% 79 Number 5647 185 Volume . . The Commercial and Financial Chronicle . (2827) i t > new york stock exchange bond record . RANGE Friday bonds New York stock Interest Exchange Central of Period 1965 v" First 2020 May and refund 3'As series A 3%s debentures ■ —.i'•" ■ " 1974 86% 1st & mtge 3s 1990 AGeneral mortgage First 5s mortgage income inc 3%s debs-Jan _ 92 I 3%s mortgage 3s 1982 Dayton Union Ry 3'As series B 1965 59% Deere J A 92 I lA 7 & 3%s 1984 94 94 95 91% 91% 96% !• 105 % 105'A —I"/ % 87 __ 90% 91 % 94% 2 94'A 105 10 ■« 13 87% . 96% r — — 3 A Morris 109% .. 85% and A Income 97'a extended & 6 95 99 . ~ 1st 100% refund M Western 98 /': ' I' 99% 99 % 86 • A - ■"/./ 3 2 ; ■v Second mortgage 85 Essex & conv inc *105 /.;• 1988—Jan-July — 67% 82 *73 1st . 81% 80% 65 ser A 1980 income debs 1995— I - ' • First mortgage 2%s ... ; '•'.A*1 ill 80'A 58'A 78% ■ 60 /,/'■ 57'A 58% 66 67; ■>: - Salt Lake- & (3% 66 Gen Income 3%s debentures series General 5s series B 72 73 2 78% 88 92 70 68 70% 78 63% 10,. *. 78% f 78% -3 CO ! — — -- 84 AA 89 89% 16 88% 90 88 89 38 85% 91% Jan-July (3% 88 April fixed 86% 89% 12 86'a 95 mtge 2%s 33/8s K ser debentures & 1958 &j ref 3%s series O ref Mack first i 1984 N ser lien ! 84 94% 93 95 1995 4s 152 124% 126% 4%s 79 92 'a 93% A 64% 69 70 Dresser 92 97% 95% 88% 76 —May-Nov 1976_Mar-Sept 128% 84 84% 88% 93'/a 70% *70 75 76 1 76 98 98 18 98 102 85 85 2 85 85 153 100 1961 Duquesne, Light Co 2%s 1977 '1st mortgage' 2%s 1979 - 157 113% 191 *84 June-Dec Second .gold 4s 1995 Detroit Terminal & Tunnel ... 198 196 126 Mar-Sept May-Nov June-Dec 1980 gold 79 Feb-Aug (conv from Oct 1 1958)_Mar-Sept 2%s 85 :_June-Dec 1969 87 *80 :_May-2Vou debentures 80% 0,-_ Mar-Sept 1976 convertible 1971 Jan-July 1985 J ser debs & Iv 93 94 93 " V ■\A 5 — 1993 A'. 6 A■C 98 A w" 00 * 85 — 4s subord debentures conv Chemical 3s 2.35s subordinated Industries 100 100 Jan-July 147% 340 147% 329 121% 147% —-Mar-Sept Feb-Aup 112% 112% 113% 140 109% 115 10 80% 87% 85% 85% 93% 93% 1977 debentures debs Feb-Aug 1961 1982 101% 93 May-Nou : 93 20 108% 93 95'A Inc— —A:'. ,'/• *95 99 : 100 *84% 96 96 : 91% 97;... 83% •r 83 85 ■ \ 94 16 A, 97% A ' 101% mortgage 3 %s 1982 3%s 1983 Mar-Sept ';90 .47 ;• i'.153;: / 77 77 10 74 27 77 5s 77% 64'/2 64 '-2 64'/2 2 64% 80'/4 88% 1 80'% 26 86% First Division first coll trust 4s 1990-May-Noo Cleveland Electric Illuminating 3s 1970 Jan-July First mortgage 3s 1982_—_— June-Dec ■ 96 , consol mortgage ,3 '/as 66% 130 130 89 "4 89 100 103% 101 104 102 A 66% 67 68 66% *87 91 74% 74% 75% *— ser 67 67 73 67% 74 69'A 69% 70 -—67 - . mbi'i^a^e J . 1986. ,v* », : 3s debentures series A 3s debentures ,series : r.; „ "i/.;. 1 *-. 103 Va Ohio Elec 3'/4S mortgage ,3%s 1983 mortgage'. 3 3/4S 1986 1st 101% 104% 93 215 98% 84% ' IA / '■ 86% ... 85 A3 - 89% ' r ; 85 87% 85 3 3 85 . Firestone — f" — 89 - 100 * 124 105 7/b 133'/a 89 : —May-Now 90 91% 99'% Mar-Sept 100'/2 100 % 99% Commonwealth Edison —June-Dec 3s sinking fund debentures 1999 April-Oct *82% 2%s . Feb-Aug mortgage 3s series N 1978 April-Oct *80 % f debentures 1999 s ; and refund mtge 2%s ser A and refund mtge 25/bs ser B 91 % and refund 23,4S ser C First and refund mtge 3s D ser 1972 First and refund mtge 3s ser.E 1979 mtge 3s ser F 1981 First and refund , 1st & Tef M 3Y48 1st & M ref series G 3%s series H 1981 1982J 1st & ref M 3V2b series I 1983 1st & ref M 3%s series J 1984 x, 1st & ref 3^88. series K 1st . & 1st & ref M 3%s retf M 4 Vis 1985 series series ; 1 conv M 1986 1086 June-Dec Feb-Aug series D Gas 2%s 1986 3VbS 3s debentures debentures in - .*• inc cum 87 85 89% Goodrich 89 90 94% Grace (W R) 85 90 Grand *86 ■ 86 *86 92% 92% 88 —. 105'% 100 . ' ' 105 106% 33 • 2 376 TJ-S dollars) as 3%s subord conv debs 1980 Continental Can 3V4s debs 1976 Continental Oil 3s debs 1984—; Crane Co 3%s s 104% 110 82% *91 % ii 88 % 89% 96 87 % Crucible-Steel Co of Am 100 subord For inc debs fool notes Mobile 89 :88% 1970——Jane-Dec 1970 : 17 40'2 Jan-July 32% 33. 1 Gulf States First Inc 5s ref Utilities 2%s mortgage debentures mortgage mortgage 2%s 2%s 1st mortgage 3%8 1st mortgage 3 %s 1982__ 93% 1st mortgage 3%s 1983 104'/a i Hertz 89% 88% 90' 40% 35% 41% 88% 31 94'a 63 88% 8?% *„ 98% 414 249 8b •«— 98% 97'a / 96 87% 88 101. 98% 101. 94% 95 87% 87 88% 38 87 95% 88% 88% 89% 46 88% 95% 90 89% 90 96 89 % 96 102% 103 444 100% 105% 105% 107 1,218 105% 109 *90% 105% 93% *— 102% 94 91 *83 83 *92% 108% 108 94'A 109 92% 83 92'a 103 96% 99% llova 135 143% 104 108% 99% 102 105 75'a 75 79% 75 76 ♦102% 104 75% *77% 74% 79 77% 65% 68% 91 92 7 91 94 80 80 45 72 80 16 % 16% 15% 19% 75 75 75 24 75 94% 67%. 67 67'a 23 65% 72% *68% 3 90% ♦87 Jan-July -June-Dec —June-Dec 90% 84% 84% *81 AprilrOct 85% _ *88 — — ~ — 92 92 — — *90 •86 — — — — — — 80 82 ' ♦ 84 — High 92 I 95% 94% 96 June-Dec 2%s 1976—Mar-Sept § AHarpen 93 99% 92'a 90 2 -98% 94% May-JVou June-Dec Hackeneack Water first mtge 93% April April IMay^Nov i 1981: 91: t ; 1979 1980—; 26% 95 99 99 mtge 1976—MayrNov 1969———— First 86% Mining Corp 6s 1949—' Corp 4s conv subord debs 1970 Authority of the European Coal and Steel Community— > ' 32''2 32-% 12 50% 4 26% secured 33 42 41% 413a 41% 2 34 3%s 41 % 3 33% 42% t 42% 413a 4'as 4s 18 93% 97% Finance debentures debentures series) s 1970 1 Corp 2%8 1968- f debentures — 149 99% .Mar-Sept — 1978j 1977 A & Manhattan first 5s A Adjusted Income 5s Feb 1957 99% 150'.'a 50 99 % 83 108 99 104 104 —Jan-Juiy Jan-July 1990_ 1968 sinking fund debentures 4%6 Apr-Oct 1975 first 4'%s — Jan-July Jan-July — 151 101. 98% 110' 93, -Mar-Sept June-Dec Jan^July 83% 83 98% 98% 100% 99 '81 99 101 95% 97 99% 100 21 100% 99% 105% 57 % 30% 1957——Feb-Aug 55 54 % 55 "2 ]3f> 45 April-Oct 28 28 28 "2 117 20 *' tHudson 97 (7th Hocking Valley Ry 32% 41% 96 1st 1978 19% June-Dec 96 3s 85'% June-Dec Aoril-Ocf series A July 2015 2044- mtge mtge inc 4s series B Jan M 3%s series G 1980 & 80 96 Feb 1st 88% 40% —June-Dec 138% 309 95% 90 RR— General : page Ohio 87% Household 30 & 85% 89 89 % 111% 123'A 92'a 90 Jan-July 95% 90 28 119 Jan-July Jan-July P 1982 Jan-July Q 2010—-Jan-July R 1961 Jan-July ctfs A— Feb General 5%s series) 1986—— see 6 102 88 'u lien &; ref 4s series A 1970 Alst lien & ref 4s series B 1970 * 126 93% 99 f Aprll-Oct Alst 6s 23 % 88 s88'« mortgage 4s June Almp & equip 4s 1970 Publishing Co— 22'% 88 » May-Nou Alst . 22'% RR— Chrtis Gulf 88% 3s 1977— Cuba Northern Rys— Alst mortgage 4s (1942 Cuba Jan-July Mar-Sept 121% Jan-July 1976 AGreen Bay &'West debentures A Debentures certificates B 89% Mar^-Sept D mortgage 23As series General mortgage 2%s series General mortgage 2'As series 178% 85 May-Nov 1st mtge 3'/as '66_May-Nov f debs series First Aprll-Oct ; 4'As General ■- 2001 121 % 120 Mar-Sept 1969 94 to payment first mtge 2T8S 1975 Baking 3s debentures 1965 1965—May-Nov 97% 87 - 108 109 mortgage 3%s series N 1990 General mortgage 3%s series O 2000 Feb-Aup (stpd debs General »— .• 15 - Company— subord General 105 95% 101 - & Co 3'As conv sub deb '75_May-Nov 94% 87'% 89 Co first mtge 2%s F) 93% 87% 94 1 June-Dec £— 94'A . . (B conv I 91 100 124% 20 115% 116% Co .4%s,1981—.±_April-Oct Co— General 5s series C 1973—— 170% 90% 115% 116% Great Northern Ry ' '100% 170'A 170% May-How Consumers Power Continental 3'As 1977 & Rubber Tire 93% , 108 38 94 100 116 - .Mar-Sept 90% — — *93% 100 93% debs conv 92% 3 92 *— — 1 93% *— — 89% 87% 90 90 89 90 1. , Corp Union 4%s General . A 1969 3.30s debs 1980 Mar-Sept General Telephone Corp 4s conv debs 1971-May-Nov 80 June-Dec 1978 debs Shoe 85 ' debentures income conv 80% Consolidated Railroads of Cuba— A 3s A 4s General 3 Jan-July 1979- 83% 83 2 April-Oct 3Vis debentures 1976 Corp 3'As debs 1979 General Realty & Utilities Corp—' 8 "A •- 86 06% 101 Jan -July Mar-Sept Mar-Sept Jan-July — Motors 82% April-Oct 1968 General 84% 87 ' —' Mar-Sept Jan-July : * 1972 debentures 84 • V*. Jan -July April-Oct 3 % s debentures 1975 78% 99'a 84% 98% 110 *91% Jan-July 1969 3%s 87% 81 109 May-Nov — 1964 96 Jan-July 1981 1st ref mtge s f 23,is series X Natural (Balt)^— debentures i 87 *85 —f 1976 1976 1961 debentures 2%s debentures 87 —- May-Nov Mar-8ept Feb-Aug Jan-July May-Nov April-Oct Consolidated Gas El Light & Power 1st ref M 27/8s series T 1976 Consolidated 3%s 115 84 —#■ debs I960: 86% ' L debentures 1963 debentures 1972 1st ref M 27/bS debentures 82% . • June-Dec 3s convertible 4Vbs May-Nou Jan-July Feb-Aup Corp 33/as General Motors Acceptance Corp— 4s debentures 1958 101 . 1972_June-Dec mtge 3'As .debs Electric. Co 87 OA 96% 91% 1 1 . . . May-Nov 87 83 1977_ApriZ-Oct First —;April-Oct : Aprils Oct 86% 1982-Mar-Sept First debentures 87 2%s s f debentures 2001-2 April-Oct Compania Salitrera—See Anglo-Lautaro Nitrate Consolidated Edison of New York— First 1976 1981. 3s mortgage 3s series L 1977 First , 102 109 A, 1974=_Mar-Sept 1980—. —Jan-July Co 4%s 1982_—-May-Nov Transportation— Foods Co- First j, 116 92 *99% 103% 4%s debs subord American General . 110% 113 112'% —May-Nov 23 84 92 —June-Dec 1959 97% *__ 129 Co— conv^ subord 48 - June-Dec •r: Jan-July Dynamics Corp— . ?■ 3%s convertible debentures 1975J 3s - 4%s Denver Ry General —April-Oct - first 96% May-Nov r 110% 3 General ■i " Combustion Engineering Inc— 3%s conv subord debs 1981 Coast Dairies Inc conv General i. 91% *91v- ■ 1961 debs First and refunding 5s series 4'As 1 11 East Gardner-Denver 94% 16 "". 3 3s 1972— 126 • 92 90% Rubber & debentures Fort Worth.& 89% loo,: 126 —-April-Oct —: debentures 1977—_——— Foremost 01 90 Tire 88 88 1971-_Mar-Sept „ 1976 3'As tFlorida 104% ioo Corp.— debs 2%s ' 88 ■ 93% conv ! 83 101% 132'% 132% 132'/2 1970—May-Sept *;i;/'1st mtge 4V2S .1987———— subord A 3 3_ April-Oct 1— ; Metallurgical 4%s * D 1979 L-Jan-July 38/sS debentures series E 1980 s Mar-Sept 3%s debentures series F 1981—April-Oct 4%s debs series G 1981,—. —April-Oct 3y2s subord conv debs 1964—„—j;l_May-Nov 1st 99 Fansteel 84 - Feb-tAup > 80 98% June-Dec — 93 *80 V2 Jan-July*. __ 1977 : 93 'Ohio division first mortgage 3%s r86'/a ■84 0 * 3'As debs series Columbus & South .7, 1977 1975 '3%s debentures series C - . 1975 B 85 V'2 *84 „v.., May-Nov - / 4%s series A s f conv debs Columbia Gas System Inc— ■jJ.-,. „ 1961— April-Oct CoIorado.FueL&.lron Corp— -•J .1 ^June-Dec 4%s First mortgage 3s 1989—. Cleveland Short Line first gtd c ■ -_i.- : 72% 90 *— F 1990--=.Jan-July First consol mortgage'3%s ser G 2000--Jan-July A 5s income debs Jan 1 2020 _-J =_-April-Oct ' 86 V2 94 153 __ 100 < *100 April-Oct 92 115 124 *89% 100 11 220 150 *-_ consol First 90 St Louis 92% 92 143 147% June-Dec * v ■■■>'■ ' mgte inc 4'/as ser A Jan 2015—-_.—April mortgage 3'As ser E 1964_-April-Oct General '* 67% 80 Vi 1991_Jan-July - 1971^. stamped 1965-. ' 101% 73 73 debs • —Jan-July t Erie Railroad CO— 81 ; 101 74 subord conv • , 1965 Corp— (N Y) first cons gold 5s 1095_Jan-July Elgin Jollet & Eastern Ry 3%s 1970——.Mar-Sept El Paso & Southwestern first 5s 1965—..April-Oct 92 > June-Dec 4V2S 95% April-Oct Associates— Steel *80 *93% Edison El 111 102% 83% Fuel & Stainless 92% —Jan-July 1986 1st'mortgage & coll tr 3% 07'A 97 Gas ! 1984— mortgage 3%s 80% *85 :—Mar-Sept mortgage Eastern -• -80% *— April-Oct ,Feb-Aup /Eastern ■ • . E 1977—Jan-July 4s 97 88 07% 97% 5' y 99 'a 90 97 i:"> . 1980 1st mortgage 3%s 95% 94 -. /' 96.v 98% 90 ' Jan-July-' — 1st -- 85 >; 89 : 1977 1st * 87'/a — debs 1st 101 % • subord conv mortgage 2%s 1st _Jun-July 1977- Cincinnati Wab & Mich Div First 78 Douglas Aircraft Co Inc— > 85% —Apr-Oct debs V 98 —Mar-Sept f First, mortgage 3%s ! . 34 ref & 4 %s I *92% 93;',: —_Aprif*Oct Refunding and impt 4'As series VrA 84 . 23 "i A A- 2 * ' 82% convertible Dow 64% ' 87% 92 ■ ' 89% 63'/a A/. -»/ —' -r'' 78% Mar-Sept mortgage 75 93 : ' 86 82 % Gen 61% 53 — .63% Cleveland Cincinnati Chicago & St Louis Ry— <-v // General gold 4s 1993_ —June-Dec , lA, 20.1 64% 1969—_Feb-Aug ; s 67 69 *— G .1974——Feb-Aug '• I 55% U2 ,r. 1971 3s 81 86 'A 3%s ::'■> 65% 1st 1970. debentures 2 87% 3'As 82% 58% ' RR Co— 1960 Cities Service Co v *-_. Jan-July /..£ I T Financial Corp 2%s 1959 ■'/ 81% -June-Dec ref & Gen 3s 85 "76 38 ; , debentures 89 fixed Detroit Tol & Ironton RR 2%s ser B 1963——Jan-July Union Terminal— First mortgage gtd 3%s series E 48 12 and refund 2%s series I 1982—May-Sept General 65 80% 12 , *67% ;• Cincinnati mortgage 2%s 73% 89 % 81% - 1979_Jan-JiiIy interest) 1993 mortgage series A (4%% contingent interest) 2018 ; to***- May-Nov April-Ocf contingent Denver 56 3A "4 57% ser A 1982-1—May-Nov .//Cincinnati Gas &-Elec 1st mtge 2%s 1975_Apn7-Oet First mortgage 2%s 1978 Jan-July First 92 l 89% 1977_Jtnie-Dec 1% contingent interest) 1993 Detroit Edison 3s series H 1970 - "I'--'r F 1963 series G Chicago & Western Indiana '1st -coll.,tpust mtge 43/es £ 86 66% 87 66% . A ' First mortgage 3%s series ,v . V. 987/. June-Dec 77% 59 57% 78% refunding mtge 23Asr4'As 1994-Jan-July Income 2%5t4'as 1994 Jan-July Chicago Union-Station— . Ry— 96% _May-Nov 85 .,72'A 80'A Jan-July Mar-Sept — Southeastern 92% 14 66% . May-Nov Income 109 vr 79% __ 78% First and ■ , & 91 90 98% *86% 66% ;_May-Nov 1985 A ser mortgage series A 1% 71 % 105 - '■'.'//■ CO Jan-July mtge 2%s. 4'/2s Chicago Terre Haute ■/ 10 Rio Grande Western RR— & First * 1999__April / 97% — May mortgage and coll trust 2%s coll trust 2%s 1980 Detroit // 89'A 91% • - coll tr 3'/as 1984 1st mtge & CqII tr 3%s 1985- 101 % 80 -- 57% - — 85 .< . / ' *60 Mar-Sept mortgage 3s series B 1989 Chicago Rock Island & Pacific RR— ; . 95% 85% Co— 1st mtge & 1st mtge & - *80% / '•' -- . 3 65 86 81% 67% 67% May-Nov 4%s Jan 1 90 Division mtge & coll tr 5s First 87'A 86% 30 85 81% May-Nov Fit'st 87% 89% 1973—May-Nov mortgage due 1993 Gen : * ;. RR C First mortgage and coll trust 3%s 101% 85% 83% ; 901, ;> 99% 34 86 *85% Chicago & North Western Ry— •r series 5s •\ 1st mtge & coll tr 4'/2S ser B 1985 Delaware Power & Light 3s 1973 99'/a 96 ;/ ; April 2055 91% May-Nov Collateral trust 4-6s May 1 2042 Pennsylvania Division— 91'a 94 .> , 99% t Jan 1 1963_ t 91'a 86% w 97 3 .'kii/'v First mortgage 4s series A 1994 Jan-July /./*/.■ General mortgage 4%s inc ser A Jan 2019 April 4'As conv increased series B Jan 1 2044 April A 120 83% ' General inc mtge 4%s Jan 1 2038 —April Chicago Indianapolis & Louisville Ry— ^ A 1st mortgage 4s inc series. A Jan 1983—April A2nd mortgage 4%s inc ser A Jan 2003 April Chicago Milwaukee St Paul & Pacific RR— 5s inc debs ser High lOo 96 Jan-July Lackawanna First ' - Low 64 ^ , * 3 1965 1977 New York Lackawanna & Western Div /•i; ' -e-V Jan. 1 No. 89 *90 -Mar-Sept 2%s debentures Co debentures Delaware 92 • Range Since Sold 84% _ApriZ-Oct 89 % Bonds High _June-Dec 85% -- Friday's 115'A 119 % Feb-Aug 87 77: 54% 40 if mortgage First 86% v. or Bid & Asked Low 67% 1 j,» , — __ v ; , ' 94'a a *90 May-Nov 2054 A I' Week's Range Last Sale Price Period Inc— First Denver 1997 1985 Chicago & Erie 1st gold 5s 1982 Chicago Great Western 4s ser A 84 . . 5s conv series B 69 94', ■» * Feb-Aug . 82'a 75 11 % 56 55% . 4s ref 86% 76'a I — Interest Exchange Delaware & Hudson 4s 1958 : Mar-Sept 'First and refunding mortgage 3'/as 1985—Feb-Aug First and refunding mortgage 2%s 1970—F*h-Awo Chicago & Eastern 111 RR— Friday stock 4% conv subord debs 1977 Mar-Sep Dayton Power & Lt first mtge 2%s 1975—April-uct First mortgage 3s 1978— Jan-July First mortgage 3s series A 1978 June-Dec High 7 Second General 14 York Daystrom 81% ' > I 867b *85 consolidated gold 4s 1989——Jan-July Chicago Burlington & Quincy RR— „ Low 10 67% 55% Feb-Aug -Feb-Aug Jan-July Jan-July 1981 Jan. 1 No. 61 ; Jan-July : 76 • —April-Oct Refund and impt M 3'As series E 1996—Feb-Aug Refund and impt M 3%s series H 1973—June-Dec R & A div first consol gold 4s 1989 , 81% 75 —Jan-July JUNE New \ May 2020 ENDED Range Since Sold High ( Chesapeake & Onio Ry General 4%s 1992 Mar-Sept ' Refund and impt M 3 Vis series D 1996—May-Noy , Bid & Asked 3 - WEEK BONDS Bonds 81% Jan-July First mortgage 3%s series B 1968— Champion Paper & Fibre.deb 3s 1965__ * : Sale Price Friuay's Georgia Ry— Central RR ,Co-of N J 3 Vis 1987_ Central New York Power 3s 1974_ Central Pacific Ry Co— ' ... or April-Ocf April-Ocf First mortgage 4s series A 1995 AGen mortgage .4%s series A Jan 1 A Gen mortgage 4 'As series B Jan 1 FOR Week's Range JL&Sl Low Celanese Corp 3s debentures J'As debentures 1976 31 1 The Commercial and Financial Chronicle . . Monday June 17, 1957 . (2828) 32 EXCHANCE 14BOND RECORD ENDED JUNE " NEW YORK STOCK mortgage 3s series B 1978 111 Cent RR consol mtge 3%s ser A First mortgage Consol * ■ 1979-^fday-Noc xvtay-No® 3%s series 13 1979 3%s series C 1974 Consol mortgage 3%s series F 1984 1st mtge 3 Vis series O 1980 1st mtge 3%s series H 1989 — 3%s * I debentures 1980 Coosol ' *. mortgage __ __ May-lVou Jan-July —Fdb-Aup " Mar-Sept Jan-July Indianapolis Union Ry 2%s ser C 1986—June-Dec Inland Bteel Co 3V«s oebs 1972 Mar-Sept <lst mortgage 3.20s series 1 1982_. Mor-Sept 1st mortgage 3%s series J 1981 —Jan-July " .. ... ' r- 82 82% N ~~ 83 Kings County Elec Lt Koppers Co 1st mtge lAKreuger 6c Toll 5s « sink fund 3%s series A 1968—June-Dec 6c Mich South gold 3%s '91 June-Dec ..1st mtge .' X Lake Shore ■ 96 Feb-Aug Feb-Aug r' , Fcb-Aug — •„ Lehigh Valley Railway Co (N Yj— 1st mortgage 4%s extended to. 1974 ' Aircraft Lockheed • . debentures 3%s ser gold 3s second div Elec Gas & 1st mortgage 3%s 3y»s I 20031980 Trucks debs subord 72 79 83 83 92% , 95% 15 98% 99% 94 236 97 Vi 92 V# 97 ' 102 88 88 90 94% '»• "• r 85 88'/# 94 30 1 78% *74% i » A' ■' ' Northrop '' 1--. 4s 82% ■' ' '' 95 107% *70 95 ' , *84% ' ■ — Z'r, • 85 89% Michigan Bell Teleplione Co 3yhs • 4% s debentures 1991— June-Dec Michigan Central RR 4y2s 91 - 91 85 First & refunding 88; First , 37/b8 sinking fund debentures 1967 Minneapolis-Honeywell Regulator— < -. 3%s f debentures s 3.10s s *, 88 ~2 100% 1007/# . *88 00% 95 > 104% 100% 2 - 99 94 — -- ' * Jan-July 95% ..' — 96% Feb-Auy 1972 April-Oct ' 96% 97 97 « --- 93% - 36 ; — 96 Vi 92 97 % » 10224 94 i Minneapolis-Mollne Co— ' 6s subord -tMinnesota ' s f lnc debs 1986—. 80% April-Ocf 81 % 31 80% 85 90 (quar) F M A N 1967 90 ;5 89 Vi 90 A General - Missouri Kansas first & Texas Prior lien 5s series A 1971 4s 4y2s lien series D 83 58% . 58% 71 Vi 71 71 85 58 64 5 65 64 4 .87 Jan-Juiy 1978 ..,*84 /04 Missouri Pacific RR Co Reorganization issues— 1st mtge 4y»s series B Jan 1 1990 93 88 64 75% 6 60 73 71 72'/# 210 71 82 68% 70% 396 68% 80 Vo 58% 58 Vi 60 219 58% 70 Gen 56 Vi 56 57 Vi 220 56 y4 66 - mtge income 4%s ser B income 5b 4Vis coll Mohawk 6c debentures trust Jan 1 Jan 2030 Mar-Sept first gtd 4s 1991 Mar-Sept 13 53% 496 53 62 94:% 94% 95 Vi 44 94 63 3 63 Mountain States Tel & Tel 28/8s 3% 1978 debentures t- First 91 National Dairy debentures 3s —April-Oct Products *70 Vi "'1st mtge • For 37/es June-Dec 23/<s debs 1970—June-Dec — ' — 91% 98 55 60% — 75 81 — 85 89 86 86 70 — — page 33. May-Noo 130 84 Vi . 91% 92'%- <32Vi - — DO 84% 1976 see ^ 126 126 June-Dec 1986 foof notes ^ 90% 98 56% *86 Feb-Aug 1986 1970..— debentures *74 vi -- June-Dec Natl Distillers Prods 3%s s t debs 1974—April-Oct. National Steel Corp 1st 3yas 1982 May-Nov 8Vis 1(0 55 ^Mav-Nov 4 91 *98 55 V2 St Louis— series B National Cash Register Co— 4%s conv sub debs 1981_j 3s mortgage 1986 ; Nashville Chattanooga 6c - June-Dec Va 68 «. Ry 3Vis series B 1966 Feb-Aug (John) & Co 3s debentures 1S58—May-Nov Morrell V2 98 63 — Monongahela Morris 8c Essex first gtd 3V/z8 2000 Vi 53 Vi 2045 1976 Malone 1 , ' 55 131 % 84 Vi 92% 91V 2 3 94% 89% 89 *i;7 -'86% 09% 97 * 9'« 115% 8 6 V2 23 97 3%s series debentures 3Vis debentures debentures 3 Vis debentures debentures debentures 44 % ; .72% 49 .t> 83% 72 V4 4 -2% 83% 72 3-3; 87% v 73 ... 68 y4 .63....,' 69% / « 83 IVa ;1% - 2 „ *65% 50Vi 61 • ::M "3 78 Vo 2 59% 43% : ' X. •" ' W-L 82 55 154 1 . 81 . 1% %.. 60 V 3 58%. 39% 41. V;. 38% "..47% 79 Vi 80 "-68 88... 83 .Y- 84 f.84W 84 • 'j 68 U 84 : • 85 Vi i 90% - 901 - . 84% 90%/ 83% ,:."7T 83 Vi 84:,/i 84% i' 84%' 94! 91% *92 *89 ' 92 . 239 105% 106% . 85% 89% —.87% 105 Vi 62% 79.. .6 '» V' ...t __ 92 t 111V4" 105 94Vs 91% 93 101% Z —•— 1981 1991 — debentures Light 3s B 1968._ series D 1981 series 5s General 4%s General mortgage General Peoria mortgage Eastern 8c 4s A Income >100 April-Oct April-Oct Mar-Sept -.Mar-Sept —May-Noo Feb-Anp —_Feb-Aup 1960 April-Oct Feb-Aup June-Dec June-Dec April-Oct — refunding 2%s 1974 First & refunding 2%s 1981First & refunding 2%s 1978 First & refunding 3%s 1982 1st & ref 6c ret ! mtge 3 Vis 1983_—__ 3 Vis 1985 mtge 95% 92% 69% - 102% 100 91 Vi 12 63% 88 93% 10 i.;'■ 88 •: 17 91% ; 90 • 101 y# 88 62% 70 63 1 63 63% 86 3 86 95% 93 Vo 6 92 96% " — •• «-.«,• t —' - Jan-July June-Dec -May-Nov May-Nou June-Dec .—Feb-Aug Jan-July —_June-D«c April-Oct ' f ammm — m.m 100 100'/4 84 V a • 88% 85 Ya ■' *__ *80 '1 : . amm rr'-m —• 92 ' 87% ■ •• 83 —a 84% 88 ». 86% 86 9 84% 84% *_ 104% — — • 82 % - , ' „ , 106 94% 62 99 97 >/4 97% — 87 y 83 Vi , l 86 90% 20 88 83 Vo 87 | 82% 80% " *74 Vi 83 88 63% 86 • ' 0 87 ti > — 84 Vi ' — ; 7". — — .> Id % 99% "4 97- 96 32 100% 87% 86 Va 44 82.: 82 12 85 85 v. : 94'.i 85 X 93% 85% 10 85 1 98 yo% 89 85% 85 104% 190 85'% .. 99% lOOVi' *87% 85% 90 SO 89 99% 92a4 :' 82 92% ;J 89 Va 5 *86 - » 86 87 83 88 ■: 84 88% A 85 86% 91%. 93% \ ■' *85 ' 8oy4 82% ——* 82 Vi 82 Vi 84% 20 '• 81 —— •— „. 91% 1 91 Vi • ' ' 89 85% 847b c — ^ 85 89 V — 70% - 88 83% ' Va c 89% 94 Vi 98 y# 104 V# 83 84 64%- 88 Vi 14 88 Va 93 Vi L"—■' 85 89 Ya ' 92 98 - - 92% 91 C 1 1 84% 6 99 92 —— 98 1 84 97% — 8414 99% 100 101% 72 99% 100% 321 101% 39 90% 90% 30 90% 100 100 90% 97% *57% — 2 97 Va 0 103'i 99% 94% 88% 87% 95 74 96 97% 60% 92 105 102 99% 102 7i 104 Vi 86% * *105 — 100 100 06 v4 53 88'a 91% 69 6 *71% — — 95 r* 101 86r,« 86% 10 86% 90% 88;,a 88% 13 88 94% 85% 85:U 30 85% 89 V* 84% 84 86 V# 87% - 68 Va" >90 i — 84 V 4 89% 100% ! 95% 104% • j 92% 91% 13 99 i; 93% 81 4 65 J w 89% 76 y# 98 Va — —V 90 y4 84% 2 —— 76% 85 ... 13 71 2 98 V o 100 98 Va .76 Vu ' ^ - 84% 85" ' *85. *_-.'' ■ Feb-Aug 1974 & "•st 96 90 . 93 Vi —April General gold 4Vis series C 1977 Philadelphia Electric Co— First & refunding 2%s 1971 First 6c refunding 2%s 1967 First . 86. external 1960—April-Oct B 104 { a 92 102. -63 1984—_Jan-July 3 Vis series F 1985—_Jan-July 1990 series 105 95 62 % . 63 4%s series E Marquette Ry 3%s series D 1980—__Mar-Sept Philadelphia Baltimore & Wash RR Co— 5s — 91% June-Dec Pere General 100 , 98 89 Vi ^_June-Dec first 4s April "97% 9 89V# 3 1964—June-Dec 1975 Pennsylvania RR— % Consolidated sinking fund 4 Vis General 4 Vis series A 1965 General - 91% *97 June-Dec June-Dec 19871988 1978J 1983_____^._— & ; 104 *100 ,_Mar-Sept —June-Dec Jan-July 1986— 1987— Power 98 97:% 98 ..'J.. ., 1979 1988 — Pacific Western Oil 3Vis debentures 4%s Pennsylvania 71% 69 y# n 72 6c 3%s mtge 4 Vis series C Jan 1 2005 Gen mtge income 4%s ser A Jan 1 2020 1st 138 ; 83% mtge 4%s series AA 1986, June-Dec Tel 2%s debentures 1985—June-Dec ref Tel 3Vis 3 C1%SQC1% ACum adjustment 5s ser A Jan 1967—April-Oct 85 series Y M ref & 3%s 3%s 81 83% 85 % 85 85 55% 1% = 3s series K 1971 M 2%s ( • Jan-July _Jan-July 1 ; 82 7 .... 1962 40-year 4s series B 1962 Prior May 1990——June-Dec 76 82 May 1991 A Jan ser Missouri-Kansas-Texas RR— * . 1st Pacific 4%s inc series A Jan mortgage 4s inc 61 vi *74 - .2 refunding 3s series L 1974 ref & 1st & ',-i Minn 8t Paul & Saulte Ste Marie— First mortgage 84 77 y4 5. —June-Dec June-Dec —June-Dec First As refunding 3s series N 1977_——June-Dec First & refunding 2%s series P 1981 June-Dec First 6c refunding 2%s series Q 1980 June-Dec First 6c refunding 3 Vis series R 1982—_June-Dec First & refunding 3s series S 1983 —June-Dec First & refunding 2%s series T 1976—June-Dec .First & refunding mtge 3%s ser U 1986 June-Dec 1st & ref M 3 Vis series W 1984 —June-Dec 1st & refunding 3Vis series X 1984 June-Dec 1st Mining & Mfg 2%s 86 77% «• First & refunding 3s series M » .■90% .'95% ♦1 90 *__ — ' 95% 95 43 *• Feb-Aug —June-Dec May-Nov refunding 3Vis series I 1966 3s series J 1970 & First & - - 1976 debentures 1 —; - zr 95 73 I'j V4 44 Mar-Sept April-Oct May-Nov First & refunding 85 87 — 80 " .? , 88*. 55 55% Pacific Gas & Electric Co— 84 196 87% — v. ' 80 72 V; *81 I960—Aprii-Oct Oregon-Washington RR 3s series A 93 r" 1 85 93% 92 — -- — 1996 mortgage 93 Vi *93% 85% 105 100 10 100 100 — series C 1979—Ja?t-July- Michigan Cons Gas first mtge 3y2S 1969—Mar-Sept First mortgage 2%s 1969 Mar-Sept .'-First mortgage 3%s 1969 Mar-Sept * : April-Oct 1988 1 89% 87% V 88% *87 — 83 93 • 76 . 79 ...June-Dec 1984——Jane-Dec Feb-Aug mortgage 3s 1974 2%s 1975 First mortgage 2%s 1980— Oklahoma Gas & Electric 2%s 1975 First mortgage 3s 1979 First mortgage 2%s 1980 First mortgage 3%s 1982 —" First mortgage 3%s 1985 1st mortgage 4Vis 1987 67 % 85 -- . Bell Telephone 2%s first Edison First 99 67 14 95 95 ' Aircraft Inc— subord debs 1975 debentures 3 Vis 84% 100% 60 103 y4104% Mar-Sept Jan-July Z Ohio m~.L, June-Dec conv Northwestlern 84 82% 821/4 11":.;, Metropolitan Edison first mtge 2%s 1974—May-Noy "First mortgage 2%s 1980 Feb-Aug - (Wisconsin) first First mortgage 80 85% _ — 89 . 95 . 83 * June-Dec April-Ocf —Mar-Sept mortgage 2%s 1977—April-Oct 3s 1979 Mar-Sept 3s 1978——... 2%s 1979 First mortgage 3%s 19824. First mortgage 3%s 1984 First mortgage 4%s 1986— 81V# , 79 Vi ^ * mortgage % 81% 75 80 88ya I- mortgage 94 V# 7 80 60% 85% v 95 63% 58 V4 - *__ April-Oct —Jan-July Feb-Awp 78% 77 75 .75 ^ 62Vi 6 ' 77 v; 2%s 1974—Feb-Aug First 78% 78% > ■ *• ■• 60 - 59% • 80 States Power Co— , 78 98 %' '. 66 58 ' .92 April-oct (Minnesota) first mortgage First mortgage 2%s 1975 91 ' * 80 2047—Jan-July 1984 4s trust Northern > 82 " ' , 68 78% *77 --Feb-Aug Mar-Sept 1973 registered Coll 85 88 Va *— 86Vi *88 May First May-Nov first mortgage 3s 1966 Merrltt-Chapman & Scdtt Corp— 4%s conv subord debs 1975 : < 2047 — Refunding & improve 4%s ser A 102% 11 90 "■ 69% • 61% 58Vi- 18 *75 —Quar-Jan Quar-Feb —Quar-Feb registered 1997 3s 119 Vi 102 5 90% •Immf 86% Ju»e-Dec General lien 3s Jan 1 2047 119% 88 % Feb-Aug debs s 4s - 117 9 ; *85 1972—Jan-July Mead Corp - s 4Vis • 99 s Northern 90 - Feb-Aug 4s 1959—^ 1980 debentures McKesson 6r, Robblns 3'/2S • 3%s 3 Vis . 101 95 y4 *88 • —,' V 59H4 1974—Mar-Sept Natural Gas 3%s s i debs 1973—May-No» f debentures 1973-. May-Nop f debentures 1974— May-Noy f debentures 1976 —May-Nop Pacific Ry prior lien 4s 1997——Quar-Jan Northern 101 y2 100 92 V# jr 69% refunding 4%s ser A •General 6c • 97% Feb-Aug May Stores Realty Corp— Gen mtge 5S b f series 1977 ' 61% 98 % 97 y4 May-Nov 1978 (Southern Lines) f s 1972 1977— debs May Dept Stores 25/as debentures 3 Vis -s 1 debentures 1978 3y«8 66% 58 y4 69 y* *95% __ —Mar-Sept 1968 & Co 2%8 debentures Maine Central RR 5V88 '* 2 78 Inc—■ bord Macy (R Hi Manila RR 10 02% «: 64 - ■ 81 78% 80V4 Jr -,v 4 * J . 72% 4' 1 74% » - 97% 101 l.',v 58 V3 mtge ser A 2004--— oons 75 20 59 V 3 59 Va bj ',4 —Jan-July ._April-Oct 1 General mortgage 3%s 1983 Aprll-Oct General mortgage 3%s 1983_^_i Feb-Aug r.' 4r!as conv debentures 1972 .—Feb-Aug Norfolk & Western Ry lirst gold 4s 1996—April-Oct Northern Central general 6c ref 5s 1.974—Mar-Sept 69 V 61% 68 59% *100% 97 97% Feb-Aug Feb-Aug 1984 conv 83 15 78% 02% *70 83 % " " __ 53 Vi 59% General '■ 70 102 1982 mortgage '5s ; 6c * •3 ~ *57 % • Monawk Power Corp—; ; mortgage 2%s 1980 General mortgage 2%s 1980——J ; 85 81 02% 61% *09 *— 59 % mtge 2%s 1979_May-Wow 1st .1st su 01% ' ; 03 ..Niagara 80 *115 ^April-Oct April-Oct April-Oct April-Oct Mar-Sept 3%s ser F 2003 2003 First 6c refund mtge 5%s 83 N > 85% 76 Nashville RR— First 6c refund mtge 3%s ser H 2003 Mack 83 Mar-Sept April-Oct 1978 First 6c refund mtge St Louis 67 — 1976_June-Dec April-Oct First & refund mtge 2%s ser G Louisville 75 "7 Si Apr-Oct 1976 debentures Louisville & ) 83% -June-Dec 1952 Long Island Lighting Co 3%s ser D Lorillard (P) Co 3s debentures 1963 3s 83% 73 , Electric 7s 6erie6 A Lone Star Gas 4%s debs 1982 3%s 85 % May-Nov JALombard v 80 — —May-Nov 1980 1976 debentures '4.508 82% "— 63 Susquehanna 6c Western RR— 1st mtge 4s 1904 1st '• 99 67% 88 2 Jan-July -1992—Mar-Sept■ — • 201 ■ ■ • _LJan-July Jan-July AOeueral mortgage 4VaS series A 2019—Jan-July Y Telephone 2%s series D 19821 Jan-July Refunding moitgage 3V«s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Refunding mortgage 36 series H 1989—April-Oct Refunding mortgage 3series* 1996—April-Oct 70- —• , Y Y 73% 68% 89 1955 4s 99- - • ' 1;t ' Term 70 82 4%s ser A 2022 ^ 88 ,'•* 62% "4:68 % 13 first mtge 2%s 1975—Mar-Sept <te Putnam first consol gtd 4s 1993—ApriUOct State Electric 6c Gas 2%s 1977Jan-July Y N 97 . General N r: 75 - Y Power & Light N • — May-Nov a <N 4 % 092 Corp— subord debentures 1 3.75s - 95% 75 contingent interest 2003 .—May Lehigh Valley Terminal Ry 5s ext 1979,—April-Oct Lexington 6c Eastern Ry first 5s 1065 April-Oct Llbby McNeil & Libby 5s conv s f debs '76_June-Dec Little Miami general 4s series 1962 May-Won " tv 146 3 mtgo conv inc llarlem- River- & Pert- Chester— 1st mtge 4V4s series A 1973 IAN Y Ontario 6c West ref 4s June - 79 — ;A8eries F 5s <■**■ n 24 ^.General *80% ■ Series B 4 Vis fixed Interest 20031 May-Nov Series C 9s fixed interest 2003 May-Nov ASeries D 4s contingent interest 2003 -May ABeries E 4%s contingent interest 2003 May >■* 97% 89% , 64% > . 146 50 3% *80 *70% *— — •— ■ Jan-July .Lehigh Valley. RR gen consol mtge bds—. Series A 4s fixed interest 2003— ; 98 97% 140 92Vi '92lb 3»# 98 50 97 *—• • 1O0 — ;t- 1970—April-Oct Lehigh Valley Harbor Terminal Ry— 1st .mortgage 5s. extended to 1984 , ' N 48 *43 — June-Dec registered 1997 Lehigh Coal 6c Navigation 3%s A Lehigh Valley Coal Co— 1st 4fc rei 5s stamped 196* 1st 6c rel 5s stamped 1974 3%s >-■ N ' ' 6c RR Terminal—1 Dock Lakefront A 85 '85 l# ■/''%_■ 1987 Jan-July 4%s 1061__Jan-July "•„_ Jan-July i': 1 Jaw-July 1961 Jan-July " & Power 0s 1997 April-Oct •/*., 3s 1964 , ;.__April-Oet 1)2% certificates 1959 Mar-Sept __ 1961 unguaranteed 4 %« 84 1st mtge 4s Kentucky Central Plain 88 84 Kentucky 6c Indiana Terminal Stamped 1961 '-;•, . 84% 83% 3%s series C 1984. —June-Dec Kansas City Terminal Ry 2%s 1974 April-Oct Karstadt (Rudolph) 4%s debs adj 1903 Jan-July % • 96 ' yy'.a 64 Vi 64% debentures 1989— June-Dec Y connecting RR 2%s series B 1975 April-Ocf Y 6c Harlem gold 3%s 2000 J May-Nov Mortgage 4s series A 2043 t Jan-July Mortgage 4s series B 2043— Jan-July Y Lacx 6c West 4s series A 1973 May-Nov-. 4%» series B 1973 May-Nov Y New. Haven 6c llartlord RR— First & refunding mtge 4s ser A 2007—Jan-July N —_ City Southern Ry Co— 98% - income 4%s 88; 83% 75% Refunding mortgage 3%s series E 1980—June-Dec First mortgage 3s series F 1986 April-Oct 95 • *80 69 V# .70- York Cnicago 6c tot Louis— •New 80 •80 "67% - 90 " r s' ^ -09 63% Feb-Aug registered 1998 3%s 85% 92% 85 Michigan 100 81 % 98 1st mtge '• 97 98 1997-—; Jan-July gold 3%s 1998 Feb-Aug 1998———---i——.— -Feb-Aug Cent collateral gold 3%s 1998_Feb-Aug ''?• ,■ 623# '• 98 % registered 3%s 90 1 86 -67 --60 75% 1997—---——.-^-Jan-July collateral Shore Lake ' 116% 110 7 1)7% *91 —June-Dec ',, June-Dec f C 1980 2%s .1st mortgage Kansas 255 112'/a 110%.' • mortgage 3Vss •:• 104 bl " T % 68V# - ■ 80 96% ^100% '".*• > *'<»• 62% High 90 -V ; r 88 80 registered 3.%s % 105 RR—. Y Central 6c Hudson River i __ June-Dec Power 6c Lignt 2%s 1970 1st mortgage 2%s 1978— Kansas City Collateral •N 93 90 <* April-Oct 1990 4s mtge >*; Refunding 96 102% Light 2%s 1976—Mar-Sept 3%s debs 1975.. Mar-Sept 1st Mich 6c Kanawha 97 '/a >'•' General *;io ; Jersey Central Power 6c Joy Manufacturing 95% 1 — 115% 97% Jamestown Franklin ac C'leai * . Refunaing 90>/4 yir# 92% 107 : ; . Low 82% *no . ■ Jan. 1 No. 93 V a 100% 101 V: Range Since sold 96%' •r*— series A 1998— 4s Bonds Nigh 31% 80 Feb-Aug 6c Impt 4%s series A 2013—April-Oct' 6c impt 5s series C 2013 April-Oct * trust 6s 1980 —April-Oct - Consolidated 89 91% 91% ' a subord debs 1982—— „Apr-Oct ist as i*jd9,_June-Dec 4%6 conv ' 146 *89 *88 __ Central RR Co— New York & Breaker— I-T-E Circuit - -New 170 * Aprh-Ocl _Mar-Sept 1974 3V«b 1988 — jan-Jtuy Jersey Junction RR gtd nrst 4s 1986—Fcb-Aug oersey Power 6c Lignt 3s 1974 ,—Mar-5epi Orleans Terminal 3%s 1977--' May -Not \ •New " " . * 93 yy1 ^ 101 .-May-Nov Jersey Bell Telephone New 89 87 89 *78 — Chemical Corp— <.3.656 conv subord debs 1977——, —Jan-July = > Interstate Oil Pipe Line Co— 3%s s t deoentures series A 1977 Mar-Sept v* .>'4y4s s I aebentures 1987 i Jan-July Minerals 82% 92% • % 1961 1982 debentures 3s -.V New __ • International debentures 3s • 94 90 ' *90 ,-(— 91 90 / Range luay's *— 1967——June-Dec May-Nop labO First - 92 3Vas conv uo Englaiid Tel 6c Tei Co— guaranteed 4y2s series B •New 90% 87% . National Tea 86 82 % 93 *88% *82%,^ *83 .,— or i< 1 Bia a Assed Low National Supply 2%s debentures Nigh V 86 *80 *88% '88% *89,, • 13 82\i 82% 82% 1981__Jen-July June-Dec 2%s series A Illinois Bell Telephone * Low No. High Week's Last Sale Price Jan. 1 Sold Bid & Asked Low Range Since Period Exchange Yora stock New Friday Interest BONDS Bonds Friday's or Sale Price rerivd Exchange York Stock New Last Interest BONDS WEEK FOR RANGE Week's Range Friday 91 88 90 91% 91. 88% 88 - 90 ya :• Number 5647 185 Volume . . The Commercial and Financial Chronicle . 33 (2829) NEW YORK STOCK EXCHANGE BOND RECORD RANGE New Friday „■ BONDS Interest Yorit Mock Exchange or Sale Price Friday's 4V*s subord aeos Piiisbury. Mills Inc 3Vas s Feb-Aug 1987 <■.... H 1964 conv I 1972 • 112% 4s ser G iConsolidated, guaranteed 4s H I960—Feb-Aug Consolidated guaranteed 4%s Consolidated guaranteed 4%s : ser I A. 1970 Standard Oil 115, 2%s : ;83 ' 99% 8 99 101 J" 99 100% 99% 80 :• 100 lo 80 Surface : 79% 20 94% 93% 25 90% V. general First 5s series B general 5s series 1962 C 1974_— 97 Gas First and 3%s< debentures and *90li Mar-Sept . 98 2037 8s v § A Direct mtge 6s r* § AConsol Debt 5lis. series " : ; • Rohr Aircraft 5 Vis A : „ 1953— debs 87 % "94 li 96% Vi 93 ' ' Second St. gold 6s Louis-San 1st ASecond 1st 4s < 94% 96' 74 74% *82 87V'o 74 *90 ■ 314 mtge 4s ser debs A ser First bond 4s Depot 84 92% 87 __ • - ( • 104% *87 • * —— -V'—— 89% -U 152 3s s f debentures 80% 2 67% 08% 60 61 % r: 35 (il% 149 May-Noo 3 —•• 88 79% 91 4%s subord Service Shell 1977 gASiemens & Halske 1982 1971 -J .1 1st mtge Southern Pacific RR Co— First Mortgage 2Vis May-Nov *75—June-Dec 1986 3 lis Tel 2%s debentures 1983, 101% Coil Standard Oil Products (Indiana) debs 82 V2 85% 85 96% 85 98 89% / 721 < 107% 5s 1971 3%s & coll tr 4%s 2%s 113V4 1 95 95 6 85 83% 83% 85 — 150 105 ' 114 /-! ' assented —- , C 1951 t Corp of America—; , 1969 and refund mjtge 2%s ser E & ref mtge 3lis J ser consolidated 5s 161% 82 Jan-July West RR 80 108 ser I 1981 1982— 1967 79 __ 1958 mortgage Power Shore first 3%s 4s series I I960 14 - — 1 guaranteed 2361 ser 1.0 . —. *82'% April-Oct 127' 4 87% 80% • 80'a 22 125% 130% 200 162;"(;i62 ~9';": 79"4. 87" 145 Vi' 147 r 101 "152 105 13 .: 112 /; - •'','' —r ,j ; ■ 85- 5 ' * 82% ^ 1 June-Dec ' 90 100 100 83 100 83 2 •' • • 92 - 90 102 -'101Vi -99 82,' 85% 93% 10 April-Oct 93% 74 Central RR 76% 4 74% ,.76 li 1 85% 54% 54% Feb-Aug 73% 4 75 85 2 88 54% , k 59 *78 Vi 98 Vi 98% *95 88 88 v 95 88 96 92 92 95 100% 95 100% 60% 60 61 Vi ,9 42 60 Vi 60 61 Vi 24 60 95 95% 9 95 97% 90 95 Vi t li 101% 101% 65 60 64% 100 Vi 103 Vi 88 88 96% 96% 97 *85% 25 96% 99 Vi 85 — 86 „ ,, 89% 89% *,„ 88 V4 90 94 107% 109% 108 Vi , v 95Vi 9835 103% 122% 8.8% 91% 98%, 99% 100Vi 98%; 100% 98 i! J . 117 89% *87 % v ;93V4 *__ Co—• mortgage 274s 1979 Public Service 3T4s Wisconsin 71 74,,: 75 851 i April April -Feb-Nov *67% Jan-July May *70 June-Dec 68% . ,;63, 85'/a ,-,74 82%; 85% ... Mar-Sept •-Jan-July 1971 -73% 68 Vi .71 Vi< „ 102 Yonkers Electric. 109 I 83% 107 94 116 103% 107 . Light & Power 2%s 1976_Jan-Ju7p a Deferred 79 87% 82% 92 66'% range, not n range, Included in the year's range, d Ex-interest., e Qdd-lot sale not Under-the-rule sale not included in the year's range. rCash sale Ex-coupon. y • , , 84 119 sale year's S Negotiability Impaired by maturity....... fCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. , t•Friday's bid and asked prices; no sales being transacted during current week. . , : A Bonds selling flat. < * - 84 87% delivery the in Included In the year's 142% • • AMERICAN STOCK EXCHANGE WEEKLY AND RECORD YEAKLY the In following extensive list we furnish a complete report of the transactions on the American Stock Exchange for the week beginning Monday, June 10, and ending Friday, June 14. It is compiled from the report of the American Stock Exchange itself and is intended to include every security whether stock or bond in which any dealings have occurred during the current year. . RANGE Friday STOCKS Last American Stock Exchange Sale Price Par Aberdeen Petroleum Acme Precision Acme Wire Co Adam Consol Corp class A Products Inc Industries 400 % 8% 8% 500 26'4 25% 26% 150 67/8 x6% 1 1 6% 6% 700 1 2 2% 4,500 • 8% 8% 300 Alnsworrh 5 8'a 8% 3,200 For Manufacturing footnotes see common page 37. 8% 14 7% 1,800 Last STOCKS Low 4% Inc Aero JUNE 4% May 8% Apr 25 Mar 5% Mar 6 '/a Apr 1% Mar 7% Mar 5% Jan Jan 11% Apr Industries Inc Ajax Petroleums Ltd 30 Feb Alabama 7V8 May Jan 2% May 8% Jun 10% Mar Air Way Gas Great Southern Alabama Power 4.20% , 5% Wood Steel cumulative for Week Shares 3% 3'a , 3% Range Since Jan. 1 High Low High 1,300 27a preferred 5'% Jun .—50c % % W 5,800 30'/a 29% 30% 4.100 85 85 88 275 85 26% 27 800 26% Jun 83 83 1 Jun 26% 10 —100 —1 H Jan 29% 154 50 preferred. ,__100 Co Alaska Airlines Inc Range 2 Corp—— Alabama Alan 3 Sales Week's of Prices Low Par High 5% 10% Sale Price American Stock Exchange Range Since Jan. 1 High Manufacturing Corp Supply Manufacturing Agnew Surpass Shoe Stores Aeronca ENDED Friday Shares 4V8 8 WEEK for Week 10 common FOR Sales Range Low 1 1 Week's of Prices . 91% • 101 vi u'-.i Jan-July April-Oct Map-Nov 88 I • .... 93% not - . 110 Vi 112 A mtge 4 Vis inc scr A Jan 1 2029 Electric Power 2%s 1976 First 77 66'% - 79 »— in Jan-July Jan-July Jan-July 1st mtge 4s series A 2004 : — June-Dec conv 1982 conv . 87 10a '..160 ■ " 4s income series A Jan 1981 mtge Income 4%s series B Jan 1991 Included *97 86 % April-Oct registered 2361 ' 103% 103'/a 80 -84 Co— Penn West 86 72% 107 1031a 86% ? Feb-Aug mtge 3%s 1967—Jan-July General mortgage 3s guaranteed 1979—Map-Nov West Penn Electric 3'/as 1974 May-Nou Gen 91'% - ;:V' ■S Mar-Sept May-Nov 83% - 9714 84 " i — •'IE June-Dec 1976 ,97 '' 102% ,'80, „ ' •; 88 102% 103Va . May-Nov .-—April ," M-u . 51 79%: *63" Jan-July 89% 68 100% ".97 ' 96 101% 101" June-Dec Wisconsin * 101% " *— • mtge series. C 1951—June-Dec seiies 98 : -' 97 16 Jan-July 101% •91 ' 99 Vi li 94 June-Dec 101% - '-87 Vi ; •1 Juiae-Dec 1 93 *72 Jan-July Jan-July Apr-Oct 95% Jan-July 1951 92% 67 135 2 ' 92" (12 : - "95% 951'8 ApriZ-Oct 85 " i /f;9o '90 94 «82 j 77 .. *88 ' •"*— 94% — 91 88 74% - 80% 98 ; '99 •90 98% 94% . 89 Vi "78 "98 83% X — 86 84%' 85 94% 88 V'a -r.88% 78 *98;i;'.,rvv' , *— 93 , • 15 85 % 85 Vi 85% Jan-July Jan-July 92% 93 93 7 n 65 —— 85 88 92 85% 89% . '*83% ApriZ-Oct 3%s conv debs 1975 May-Nov Whirlpool-Seeger Corp 3%s s f debs 1980—Feb-Aug Wilson & Co. first mortgage 3s 1958 _ApriZ-Oct Winston-Salem S B first 4s 1960 Jan-July —— 153 V2 159% 98 " " / r 94 ' 83 / - 1969—April-Oct 1979 Apr-Oct 5Vis debentures 1982— Jan-July Western Pacific R.R Co 3'/as ser A 1981—Jan-July 5s ineome debentures 1984 May Westinghouse Electric Corp 2%s 1971 Mar-Sept Wheeling & Lake Erie RR 2%s A 1992—Mar-Sept Wheeling Steel 3'i8 series C 1970 Mar-Sept First mortgage 3V4s series D 1967 Jan-July 90'% 80 80% 1121/2 11312 • 159 li V *90 --if ' 89I2' 89 _Map-Nov 1973 1976 : Maryland Ry 1st 4s 1st mortgage 3%s series C 88 80 ",''23 Feb-Aug May-Nob April-Oct Apr-Oct Mar-Sept 1975,, 3'is series B 1971 Warren RR first ref gtd gold 3%s 2000 Washington Terminal 2%s series A 1970 4s ' ♦79 - 1977— debentures Western 82'% V'a ia r-I 84%/, Mar-Sept ( debentures First 117% -- 6 86 90 96% -92'';'* / - Westchester Lighting gen 92 95 *75 1. — 89% _Feb-Aug Gen mtge , 104 % 82'/a 95 -- May-Noo 1985—April-Oct : 3lis 1977 1966 1995— First lien and ref mtge 3%s ser C 1973 '' — 96 *90" Map-Nov Vi1 93 *94" June-Dec Virginian Ry 3s series B 85'/a 92 — - 105'% 84 1 88- " - -'92r,l'!' 96% ' 94V'a —June-Dec 1976 2%s debs '99% ■ -Jan-July ASpokane Internal first gold 4Vis 2013 Standard America subord 1st RR— 1977 96" ■ 87 ~"**96l'a: Mar-Sept Virginia & Southwest first gtd 5s 2003 ' Jan-July Memphis Div first gold 5s 1996 Southwestern Bell of .,1st mortgage & Refund 3%s . i 13 112'/« 114 Ju7te-Dec 1960 1961 Wisconsin New Orleans & Northeastern 111 94 'i- 91 96 -i mortgage 2%s series F 1996,—: First mortgage 2.%s series G 1961 1st mtge 5lis series H 1983 Southern Ry first consol gold 5s 1994 3%s Co subord 93 101 % . ■ 84 — Jan-July First Joint 98 — *— *— 103 — —J an-July ser A series E 7 J 98% . 86 ■ 84 — Jan-July Feb-Aug Jan-July 1994 3%s 96% 113 Southern Natural Gas Co 4Vis conv 1973—June-Dec Southern Pacific Co— ! First 4 Vis-(Oregon Lines) A 1977 Mar-Sept Gold 4 Vis 1969 May-Nov Gold 4 Vis 1981 San Fran Tenn ■i *"/-3 -i' "87 85 80 99% 102% 87 *„ 85 *92 April-Oct ; 2%s y 85% 82 'i 111 95 %■ 05% June-Dec 1975—Mar-Sept ■ Co— . 1085 Ry •••' ' First and refund mtge 3s series F 1978 Mar-Sept First and refund mtge 27/aS ser O 1979—June-Dec First and ref mtge 2%s ser H 1980 Mar-Sept 102% — *„ 84 June-Dec 2Vis debentures 1987 Southern California Edison Co— 3%s convertible debentures 1970 Indiana 86% 82 ? ." 68 7 a 95 *85% 96% June-Dec North Ala RR gtd 5s 1963 Southern Bell Telephone & Telegraph 3s debentures 1979,' Southern 93% ' 99% „ 5- First 100'/a 448 Jk" 101 V« -Jan-July South & debentures 99' 8214 ' 82% / "it;* 82Vi *111 1985—Jan-July debentures conv Gen Mar-Sep£ Sinclair Oil Corp 4%s conv debs 1986 Skelly Oil 2 lis debentures 1965 Socony-Vactium Oil 2 lis 1976— 2Vis 821i 82% Map-Nov conv First " 97% *80 ApriZ-Oct April-Oct 1951 2i%s &.c011 trust debs 1972 Rubber 8 Wabash | ' -—Muy-Nov debs debentures 6%s 84 Vi 86 90 *103 Feb-Aug f - ' W'' ■ 80% 96 • 99% 96 ' — June-Dee , s J. ' — 3Vas 90 3 97% May-Nov : 1972— 2 Vis 95 84V'a • June-Dec Vandalia RR consol gtd 4s series B 1957 Virginia Electric & Power Co— ' Mar-ScpZ debs Oil 94% 60 % — June-Dee Pipe Line 3.20s Union , 9414 67% . 87%/'.- *91 * April-Oct 1977 debentures '89% 1 95% • 80 96 3 <■: — Jan-July debentures 1974 90 -1 11 • 89 '.4 ■ April-Oct 4 %s i„ . Sears, Roebuck Acceptance Corp— 4%s 86 '• -T"1 ' Vanadium ' 101 • . 1968-June-Dec & Sons 2%s 1966 (Jos E) '• -• 1990—April-Oct Participating ctfs 4Vis 1968— 112 83'/a 1 80% 1989-Jan-July1 4s 1971—. mtge 3s series B 1980 ' ApriZ-Oct mtge & coll trust 3 Vis 1972 3 lis ' 3%s 1970 and inapt 3%s 1968 6 lis sinking, fund " Seaboard Air Line RR Co— Seagram 98 86-14' D114 ■ - - . Mag-Nov 1974 3 lis assented series A; 1947 6Vis sinkhig fund mtge series A 3%s assented series A 1951 /'X 71% 84% 68% Mar-Nov 104.'/2 77 84% , 93 88 *73 • ' 61 *88 .Jan-July' 1989 Biscuit 1st .mtge 4%s s f v 180r 99 104% 107 ' •. •' — Scioto V & New England 1st gtd 4s 1989—May-Noo Scott Paper 3s conv debentures 1971 Mar-Sept Scovill Manufacturing 4%s debs 1982 1st t-v —1 •88 1971 Map-Nov and coll trust ,2%s 1975^AprZZ-Oct debentures 1st i. '[ • i , 2006 B ; *87% , April-Oct 1986 United Gas Corp 2%s 1970 1st mtge & coll trust 3%s 91 7 3%s 2%s debentures 1967 United Steel Works Corp— 6 Vis debs series A 1947 Ry— 3Vas "3"/. 87 - Oil Go— debentures 1st mtge •» gold Union 90" '* 95 96% 8614 . Orleans 3%s.sinking fund debentures April-Oct Second 4s inc bond certificates Nov Paul & Duluth first cons Paul ■ Refunding mortgage 2 Vis series C 1991—Mar-Sept Tank Car 4 Vis s f debs 1973 April-Oct 3Vas 82 152 1996. Jan-July 1997— certificates ♦„ " * f— Union 102?% 180 Mar-Sept gold 5s Jan V ' United 72 , 4 lis ser A Jan 2022— May B 1980 Mar-Sep St Lours-Southwestern "• lou Va 89 • 94 92Vi 15 f s Union Pacific RR . 97V4 ' 92 „May-N0V Feb-Aug Co.— A 106% luO ' ,_Jan-July mtge & coll tr 2Vis 1980 1st mtge 3lis 1982 Union Oil of California 2%s debs 1970 - :i 95 -Jan-July . series / * _ 1st 93 91 *91% mtge inc income 5s 1996 Francisco Ry mortgage ; series A 1971 1st 101 5:- "v *89 RR— Water Associated First mortgage 3s debentures 86% 93 " .April-Oct - 1977 Lawrence &. Adirond'k St 87% ; 82 V4 Corp— subord conv 88Vi '"91% * Union Electric Co of Missouri 3%s 1978—— Saguenay Power 3s 8t 173 % f Jan-July Rochester Gas & Electric Corp— General mortgage 4Vis series D 197.7—. Mar-Sept General mortgage 3V4S series J 1969 -iliar-Seut St 92% 111% - New Tol & Ohio Cent ref ' -Jan-July -4lis series B 1978—— ..Jan-July 4lis series C 1978 1—i.___i— _Jan-July ■ S 1952 mtge 6s Louis— Tri-Continental Corp 2Vis debs 90% 91 . mtge 6s 1955 adjustment bonds— r 164 Vi 89 RR of 3%s 98 '11114 *8614 *90 1964_ AConsol ,. I?i% li 91 Vi *— Tide ; 111% 166 — 1983—April-Oct , V 90 * —Feb-Aug Rhine*Westphalia Elec Power Corp— § A Direct mtge 7s 1950— L*Li.iJL ,May-Now . 28 *— June-Dec of America 3Vis conv 1980 .June-Dec Reading Co first & ref 3lis series D 1995_ IMay-Nov •Reynolds (R J) Tobacco 3s debs 1973 _April-Oct > Rheem Mfg Co 3%R debs 1975 , 91% „Apr-Oct debentures 2%s St Pacific-Missouri Term 89% 98. 90 li •Radio Corp J 38 *-•-' - Oats 99 li 1972——;———i—June-Dec refunding mortgage 3 Vis 89 Vi — 98 - 3%s debentures 1975 ■Quaker of and refund M 3Vis ser E Pacific— General Texas , 1972—May-Nov refunding mortgage 2V»s 1919-June-Dec 1st 81Vi 85 ;joi •; 101% Jan-July May-ZVou First and refund M 3Vis series B 101% r First and refunding mortgage 3s First and • 12 20 • Co—p refundiug mortgage RR Assn Texas & New Orleans : June-Dcc Mar-Sep£ April-Oct 3s debentures 1963 May-Nob First and refunding, mortgage 3'As 1968—Jan-July. First and refunding mortgage 5s 2037 Jan-July j 10V a 86% '■ First, and refund M 3%s series C Texas & Pacific first gold 5s 2000— ioi June-Dec First general 4lis series D 1977 Plantation Pipe Line 2%s 1970 3lis s £ debentures 1980 :■ •Procter & Gamble 3%s debs 1981 Public Service Electric & ioi. High , 821 '/!_ . ,Jan-Jui£ May-Noo 1971 GS 1 Jan. Low No. 81% Mar-Sept Jan-July 2%s debentures 1973 V Feb-Aug Tst nrtge sold 85 ^85 Jan-July Refund and impt M 4s series C 2019 Refund and impt 2Vis series D 1985 Texas Corp 3s debentures 1965 4 First 1982 . Range Since Bonds High' v1 h debentures Transit Inc Terminal . .95% 95% Range riday's • 96% 92 . fund t. Swift &. Co 2%is debentures 1972, 8314 9614 F Bid & Asked . 103 li 95% 92 or Sale Price Jan-July y : 103% J4 *96% Pittsburgh & West Virginia Ry Co— : li'r- 1st mtge 37%s series A 1984 Mar-Sept Pittsburgh Youngstown & Ashtabula Ry— 1974 (Ohio)— Stauffer Chemical 3Vis debs 1973 •' -$-l Week's Last Period •.Sunray Oil Corp. 2Vis debentujes 1966— -'Superior-Oil Co 8%s debs 1983 . 2 99 *100% , Oil Co 414s. sinking >. 99% 100 98% *' 100 . 100% 101 « . Interest Exchange debentures 2V3s 1971—May-Nov (N J) debentures -Standard 99 —.June-Dec General mortgage 5s series B 1975, ApriZ-Oct General mortgage 3%s series E 1975 April-Oct ^Pittsb Coke & Chem 1st mtge 3%s 1964—May-Nop Pittsburgh Consolidation Coal 3'%s 1965—Jan-July Pittsburgh. Plate Glass 3s debs 1967 ApriZ-Oct , 95 110 82 V 99 • - Stock Low • 19G4_ATat/-Nov York • *98 Piu&burgh Cine Chicago & St Louis RR—. 'General mortgage 5s series BONDS New . *99% 1963—Feb-Aug ser J 1,097 *91 14 High §2V4 *81 1957—May-Nov ser Low 9 - JUNE Jan. 1 ... No. 110% 114% June-Dec 1 Pittsbgh Bessemer & Laice Erie 2%s 1996—June-Dec Pittsbtrrgh Cmcinnati.Cnic & St Louis Ry—' ,. > >. *•>Consolidated guaranteed 93% ENDED Range Since Sold High 92 % Feb-Aug debs WEEK Friday Bonds Bid & Asked Low .Phillips Petroleum 2%s debentures FOR Week's Range Last I'eriod — -1 4 4 4'a 50 500 83 3% 34% Apr 160 Mar Jan Jan Jan Jan 92% Apr 31'2'Jan . 89 Juh» May/C '" Jan '!4% Jan (9 Financial Chronicle Commercial and The 34 Monday. wUne 17, 1957 . . . (2830) EXCHANGE AMERICAN STOCK Range Last STOCKS Sale Price Exchange American Stock Kunstzijde N V— dep rets Amer shares—— Algemene Amer Alleghany Corp warrants Allegheny Airlines Inc -1 10 Beverage American Book American 3% Feb 4% Mar 500 8% May 10% Mar Electronics Inc— Co Machine American Manufacturing Co com 46 3,700 19% Feb 46 Feb 16 4,200 17 May 21% 2,300 6% Apr 14% May 20% Jun 7 14% 100 80 Jun 88% Jaa 24% 1,000 22 Feb 24% May 8% May 9% Jan 12% Mar x21 21% 24 American Writing Lead Ltd Products Mines Post 16% 15 18 27 35 34% 4.72% preferred Armour 33% 34 15% 17% 25 % 24 Va 26 14% 14 Va 14% Oil ~6% Class a Atlantic of America Co Gas Apr Feb 28 % May 14% 4 Jan 100 4% Feb Feb 200 4% Mar 4% 550 91 Jun 36% 7,300 33 Jan 39 Apr 24 24% 14,400 20 Feb 25 May ~5% 14% 22 Products Inc preferred Feb 15 Va Apr Clary 17% Feb 22% Jun Claussner 10,300 8% 200 8% Jun 8% Jan Coastal 1,300 2% Jun 2% Jan Cockshutt Farm Equipment Co 2,800 2% Jan 3% Jan Colon 5,300 3% Apr 5% Jan 2 Va 2% 2Va 2% 4Va 4 Va 4% 1% 42 2.800 1 Jan 1% 39 Feo 46 Va ir- , - '' L4 V > < Public Service Compo Shoe Machinery— Jan ext Vtc 26% Jan 18% 20% 9,000 18% Jun 4% 4% 17,700 4% Apr 6 Jan 7 5% 6% 7 Va 5,800 6% Jun 9% Jan 5 Va 5% 3,200 Jan 5% Feb 2% 3 4 v8 Jan Jan Baker Industries ,4?lass Baldwin Rubber Baldwin Securities Banco 14% Feb 500 14% Feb 2% 2% 2% 6,500 2% Jan 5% 5% 5% 70 3. 213 3 5% 5% l -7% 7% 7% 1 1 50c ll7/a 10% 11% Ties 17'A 17% ■ • Blauner's common 14% Ve« 9 Va 3'A Mar : Brad Foote — 43% 11% 800 . Works Inc Brazilian Traction Light & Pwr ord Breeze Corp common Bridgeport Rights. Gas ; 7% 600 12% Feb 12 Amer Jan 16 4% 100 4% Jan 5% 5% 800 5% Jun 7 29% 30% 3,900 29% Feb > 90 X89% Jun 11% 8,400 8% 400 2% 200 10% 21,700 7% 3,200 A 5,800 7 % __ 60% 58 60 rets ord bearer , 5,500 Apr Mar American dep rets ord — — « 2% 2% 100 53% £1 reg Columbia Power ' American dep Brown JUn 4% 53% 500 Rubber Bruce Buckeye (The) serial 23% 174,700 16% 16% 11,200 19% 18% 19 % 2,000 10 common 1 2.50 9% 9% Xl9% Feb Jan 7% Jan 10% May 5% Feb Corp_L. Mar1 31 50c 9 lo Jun 32 *A Feb 43 45% Feb 60% 5% preferred ' Feb & Machine Co Burma Mines 3 Apr 23% Jun 18 Jan 16% Jan 19% Jun Jan Jan 1,400 6% 8% Feb xl9% X20% 600 18% Feb 6V8 May 137/a , 700 3Va 2,900 7% 600 7% Mar 1 8% Jan — — 2% 3% 10% Feb Feb Jan 1 3% May 77/s Jan 5% Dow Draper Corp 16% Jan Drilling & Exploration 3s 6d 1 17« A % 7,700 % Jan 3% 3% 3% 1,300 3% Apr A Feb Duke 4% Jan 5% 5% 2.800 4% Jan 6Va 1% 10,900 1% May 2% Jan 8% 8% 900 7 8% Jan Jan common./ Harris Power DuMont Apr 1% % 44,900 34% 4,800 -2% 6,600 14% 7,300 % % May 4 Va Feb Co.: Co.- (Allen B) 1 % May 33% CalMarnla _1 14 y8 14% 50 55 Jan 60 Apr 50 43 Jan 50 Mar 4% Feb 6 ' Duro (The) 37. 2% 14 5% 27% 510 28 1,600 950 25 2% Feb Jun 13% Mar 25% Jan 35 Test • ~5% 1 • r>o Apr 4% Mar ; 6 % Jun 4,70o • y ;• 1% £ 9% Jan j.31' 6% Apr 2% Jun Jun Apr 17% Feb Jan 27% Mar 14% 22% ri : 1.000 v 4V8 Mar Jan 6% 4 Apr 24Va May Jan 30 Jan 8Feb 13%' Jun 8% Jun 12% Jan 5% Jan 10% Jun • ." 5% Jan • 6% : Feb 5 Apr 6% Jan 1 May 1% Jan 100 23 7% 100 j Jun 7% 200 50,000 11% 19-Va , "If Mar May J/4 Jun 15% Feo •■% May Jar. 13 V2 11% Mar Jan 500 11% Jun 18% Mar -.'100 : • :«5% - 10% May .1,300 V- 19 Va .'5Va A. 40J> 12% * 12 %/.i 15 _ , 24% May 9% Jan Apr 15 17 11 ^ Feb 5% Mar 2% May 8.300 % •f 7% 5% Jan v 23 17;:-; 9%.May 36% Feb -14% Jan. ' 1V0 1% 7% - ; Jun *10% . 1% Va Jan 7% Jan v 200- ; Mar 10 -83,e May ; '-;5% 43.700 '/ ■23 19% 5 Apr 6 Jan 4 , Va Mar Mar '■ ,r 100 /4%->,-u4 V2 81 % 4% Apr *96 Feb 5% 4,200 94% 93% 93% Apr May • 9% 61,000 ;l v8t - 7 ,.^ li- 100 ■ 16% ' 16% "4 .". ' '4 •„ 17,000 2% -4% 99,900 . Feb 10% Jun. 14% Jan 18%'. Feb 22% . >26 37 Jan 1% Apr 9 : Jan May 2% 8 '. Jan Apr . 10 Apr 11 Jan 6 -.50 Apr ,i'.7 Jan 23% 16% Mar : Jan ,Janr 2Va 3% Mar 3,400 "150 18. 40- 1% 4% 18% «46% I8V1 46 % Jan 16% Jun ... -250 Feb 1% .1,350 lOTar -U Va / , Jun ■8V2 May Jan 17 Va 24 % v H 400 10% 9% v 6*4 4,30u 21% 19r,« 20% Jan 11 Va 11/. 11% 1,900 Jun 15% Jan 14% 14% 14% ,;75 13% Mai- .16 ¥2 May 6% 6% 6% 600 6% May 1% l.'V 150 1% • -400 35% 700 36 140 138 2M - Corp Corp It7* 8d 1 2.50 * * • * 1 -1 common -* .America———i_l Jan 5 Jan 6% Feb 30% Mar Feb 397/8 May 146 Jan 138 Apr 36% Jan 1178 200 6% Jun. 3% 334 1,300 3% Feb 5 % Mar 5% 5% 3.600 5 v Apr 6% Jan 2% 33.900 1% Jar. 3,000 16 % Jan 1,100 14*4 Jan 15% May 9'1 Jan. 14% 7% 5% 2i°0 211 7% . 301 30 28 % 14% 14% X15 12% 12%. .-13% 12,400 26% 255'h 27% 3.100 11%- 11% 700 9 Va 200 19% 18,800 40% : 21 2 Is Feb Apr 31% May 3% Jan Apr 26% May Jan 20*4 Jan " 9 Va 9 Va 17 18'A 38 - 315 18% Nov 34% Mar 40% Jun May ih Jun 45« Apr 5% Jun 50 30% Apr 31% 20% 2034 1.500 9% 10 V4 17,700 61*4 60 5 5% 2% 30 ' Jan Feb 15 5,600 29% x30% 9% 9% 76.800 61 % 20% •' Jun Jan 13 Apr 8% :;t 8'J 31 Va 31 Va 11% May 27% 5:A II 5 5% Va . 20% May 21*4 Mar 237/a Jan Jun Fei) ,U% 54 ApTL -09 V2 May 2,200 26% Apr 6,200 4% Jan 6% Apr 2% 100 2% Apr -2% Apr 5% 2,100 ^8% 30 % May x5 16 17 400 " 31% 32 2.000 6% S% -32 -x6% --9.000 37» Feb 5% May 7 5Va class B common of Jan 3% Mar 6 138 7% Jan Feb 33 "5% 1 10s reg Co___ Duval Sulphur & Potash -Co Dynamics * Apr page ' 1 Common Apr .$3.00 preferred $2.50 preferred Oalvaa ConsoK Oil As Gas Co see •' 1 Laboratories— Dunlop Rubber Co Ltd— American dep rets ord 4% May • 10c 33 Jan 5 Feb 31 Jan 4% - , 10 * 22% May 14 Va May 50c For footnotes 3"8 '4.200 60 J . 10% ' —— 16'A Feb 1,800 CftMe Electric Products common t2,10j •" * ' 12.900 11% T3% "..*11,400 87a /; 93a v :5,5.00 ;5; 33^100 V 5% 5% V "'7:200'*, :i5>5a;'i:5:% .v<^2,000 * 9 Va Co Ltd. Brewery 1.700 5% ' 24*2 .85% 13% 1 -* * 1 14% 5 ' - r''> « ■ 4% 4% 20-/8 7.50 18% —I Feb 28% Jan Jan 14% 2% Feb 1 % .—25c 1 Douglas Oil Company Jan Calgary & Edmonton Corp Ltd Camden Fire Insurance • —32.50 Durham Hosiery Calif Eastern Aviation Inc Electric Power Jun Jan 25% • "4,700 <>%' 5'7«";: 5% rets ord reg_——6s 17% 10c ... $2 preferred . Corp Jun Feb 21% ; 900 - Vf?* "34%";. .-".'5,2JU' ig ;;'700 ;;:v'i6% 10c -35 50c ».., Inc— Dorr-Oliver Duraloy O & C Super 3f « Jan 200 8% May 7% Jun 10% 8Va 8% Mar Driver convertible class A - -. 1 . . 14% 1% -% 9% % 6% 6t)o , ; "80,200 v: (The) Corp Dome Exploration Ltd.— Dominion Bridge Co Ltd Dominion Steel & Coal ord stock Dominion Tar & Chemical Co Ltd Dominion Textile Co Ltd common 17% 25c 7.50 Jan 21 Va May Co Ltd— American dep Diversey Jan 9% — _12%c Jan 23% "loo 29.400 14% Foundry..—...——1 of America 1 l common 31 2.50 Club Inc.. (The) Distillers . Jan 23 Iron Gray Development Corp Devon-Palmer Oils Ltd May 15% Mar - & Manufacturing.. Detroit Gasket Ltd— Burry Biscuit Corp Byrd Oil Corporation 81% 73 - Vra%" .''*32. ^ 8% 8% Dejay Stores common ... . Dempster Investment Co— —1 Dennison Mfg class A common...—5 8% debentures 100 2.50 American dep rets ord shares Burroughs (J P) & Son Inc 6% 17% 2,500 l Buffalo-Eclipse Corp_ Bunker Hill .(The) Company Apr Mar -r _2% Inc..————-1 Mines Inc. , Dayton Rubber Co class A Apr 55 % " Inc.— Day Jun 5 -ft 1% Jan 43 6% " Buell Die 14% 2.50 Co class A.—4 d Davidson Brothers Mar 8Va —— Jan 5% Feb 50c Co Hosiery Mills Davenport . Jun aa Apr 9% 3 ' Oil — Jan Va . 7% ~3 i 12% '400 Ltd— Daitch Crystal Dairies 7% Apr 9 ~9Va II common Jun 800 ir'rrw**: f Apr 2% 1% 6% . - Jun 4% , 1 -J;—• -1.50 — Manufacturing Curtis • ; Budget Finance Plan common 60c convertible preferred 6% 20% 16% preferred Co B 8 F Company 22% 1 (E L) Co common Mills Ltd class B Bruck £1 l rets ord reg— Company common cumulative -- 9% Jar. 6% ————5 Corp > Diners' Brown Forman Distillers Brown • May 7% Mar 1,000 2814 434.v 4%. 4% 4 'a , 5Vb Mar .5 2% ' 261 4% 20'A May Jan 11% 6% Jan .. 94 6% Mar Petroleum Co Ltd— common— •}>' , Feb Mar v >z7. ' "7~>' Feb Feb «6 -•-12 Jun, 8% Curtis Lighting Inc common Detroit British 78 300 8.% * 9 % 21% 22% 26 % Cuban Atlantic Sugar common.. 5 Cuban Tobacco common J—* Cuban-Venezuelan Oil vtc—i —— %c British Celanese Ltd— British 50' 35,900 21% I<*. 5c Mines American Cuban , £1 £1 73 - Tobacco— -dep rets ord reg Jun ' •- Intex'nat'l "At' partic.—* Crown Drug Co common 25c Crystal Oil & Land Co common— * $1.12 preferred——, —2.50 34% Mar 92'A 9Va- 28 • Amer dep xl5% Mar 5% •' • American Jan 63 Va 18% Mar Crown Cork 8% May ■ Mar 9% 7% 21% 4% Jan 25/ •200 78% • Jan 13% Jun 200 ' 4*a 12% 81* ' 4 5V4 90 5 12% Jan 6Ve May 23.% ; y7« 81 . 6% Mar 250 Va British American Oil Co_. i Jan 2% 10' Mar U% . 5 " 4% receipts.(ord reg)_—£1 5 Crowell-Colller Publishing Co 1 Crowley Milner- & Co 1 Crown Cent Petroleum (Md) 5 Jan 13% 15 Va ■ British 48% 8% 11% • • Brillo Manufacturing Co common Jun May 9 X89% 29%. -11 -8% 100 : 12% American dep Feb 43Va . 8,100 — — * -500 Jan 23% Jan A Feb / 9% Creole Petroleum common Jun 4% 5% 3 • preferred class A Beverage Courtaulds . , • Co 5% 14% 7 20c : - Jan . & Co common— Gear $1 ' 1 Bohack <H C) Co common • 6%% prior cumulative preferred-100 Borne Chemical Company Inc 5 Bourjois Inc _1 (8) 11% • Reynolds common Corroon & Cott Jun 18% May 4 % Jun Jan 4% 14 15 7 15% 3 Blumenthal 12,900 % Mar 5% Mar 5% 6V4 Mar 4% Feb 80 —-1 voting Cornucopia Gold Jan 11% May 15% Apr 200 . 6%. Jan 12 Va 10 ' Black Starr & Gorham class A 11,900 06 Va ir* V Jun ■ Corp————1 Inc————10c Corp—.——_10c Varnish Co—.— 20 Coro 3nC-i—~;— .. 6 V2 Mar 3% Jan Jan 7% Jun 100 43 11 5 : 8,200 5% 14% 1 * 30,000 4 Va -. I Inc Inc common 500 • 5% > 1 25 50c 42,300 A 3% 4% _1 Belook Instrument Corp Co Feb 3% Mar „ 2ft Feb 3,200 common Shoe Corp Watch 16% 5% Apr 2,500 17 Ms • Bell Telephone of Canada common Bickford's 100 15% 50c Barry Controls Inc class B__ Basic Incorporated : Bearings Inc Benrus 15% 15% - — -18% 64 ' > Jan 4'/2 1,000 4 11% 11% 24V4"'24% 21% Jan May 106% 'Feb xl.03% Jun 4,200 4jV 11% Inc—:—1.25 non-voting Apr 9 39 Feb ••*.:: 4'A 78 * Industries A Class B Mar „ Banff Oil Ltd (A 8) 15% 1 Corp 15% 15% lo common Barcelona Tr Light & Power Ltd Barium Steel Corp_ Beck 17 Jan 21% 1 shares Beau-BrummeU 16% Mar 22,100 18% Andes— los de American - 17% Jun 3fg Feb 29 May 64 Aviation & Eneineering—1 Cooper-Jarrett Inc 1 Corby (H) Distillery Ltd—* ' Inc 31 % 4 5% :v6 4i5ii Air Lines Continental Jan /Jan • 2% Jan 18% "19, 6% ' .7 _. 11% Continental Commercial Jan 46 Jun 7 7% Mar v 100 5%" 24% —1 1965 to 3% - Mar 1.000 5% Continental Materials 17% 70 6% Continental . 21% Mar 16% Jan 100 20% 4% 39 1 X103'A 104 4 Continental 3% Jun 3% 20% 2% May 500 « . %<■»->' . 200 800 18% Containers Inc— 50c Consol Cuban Petrdleum Corp. 20c Consol Diesel Electric Corp 10c Consolidated Mining & Smelt Ltd • Consolidated Royalty Oil i—10 r" Class A llii Connelly 4% . Bailey A Belburn OIL <fc Gas— Inc..— Community Jun 000 20% , Hotel ■> Jan & Mar ;—10c • 30s —1 1 10 vtc Development ordinary Colonial Sand & Stone Co— Feb 43V2 1% 1% 42% 103% Jan 98 10 Oils Caribbean Commodore 101 101 101 .. 1 % 8 ' 5% —5 Hosiery Co—.— Apr Mar 6 38 a 37 104 1 Corporation 10% 2 Va 11 100 8 Clayton & Lambert Manufacturing—4 Club Aluminum Products Co * 11% May Cook Paint & 1 Co Va _2% 1 Ayshire Collieries Corp common 13% Manufacturing Clarostat 6% Mar 8% _• 3 Automatic Voting Machine Jan — 9% May 10 10% —10c 1 Audio Devices Inc Apr Jan 4"% 3,800 22% . City Auto Stamping Co Clark Controller Co 3,400 14% Xl5 22% 2lr:: 37 'J 1 5 10 »—4 —1 1 5 1 1 — Oil Corp Christiana 95% 1 ; 101 2% 2 600 Jun 4% May 27% May A * 2 Va Mar 37 100 10 Rivet & Machine Consolidated Mining Chief 5,000 "5% "5% 2%* ~3Va 1 -—2.50 ——10 common—. Chicago Feb 101 91 36 Va 24% 10 pesos — Corp Cherry-Burrell common—— Chesebrough-Ponds Inc— Jan 4% 36% 1 Development Corp Atlas Corp option warrants Atlas Plywood Corp..: Charis Jan 92% 93 % — Chamberlin Co of America . 10'/« Jan 7% Mar 112 V •27 10 2 Century Investors Inc Convertible preference. /,/ Jan 17% 6% 2% 100 Charter Oil Co Ltd 5,200 8 2 Va 16% May Mar 14 2,900 Jan 7 Va May Feb 1% 6 2% . 10% 22% May r247'a 3 ,80d 3%5 2% ' pfd Lignt 4% Century Electric Co common... 13% J:2W 26 2% Jun Feb Jan lVe Feb - .'■V3W May 3 ,900 6 Jun 6% 5 ,200 " 26 % . 100 preferred 3.50% 10 Va 1,600 15% Jan 23% Mar 3,400 3% • preference $1.50 series Power Co— Conv Jan 7,100 3% Central Maine Jan 4V« 3% . Feb -GAS Jan 19% • T 35 ,800 3• ■—* common Central Power 1% 4'A • Co non-cum 17% 28 " 23/4 (A M) Feb 21 100 7% 77/a Atlas Consolidated Mining & Non-voting * 15% — • Fisheries Line Automatic Steel 19% 3,300 6% 1% 16 1 1 lc Inc participating Coast Jun 5,600 . Feb 17% 16% 6% 1% Associated Tel & Tel— Atlantic Coast 34% Feb 7% 21 Stores & Jan 12% 23 23 — 31 33,900 4 4 25c Inc— rets reg Laundries Associate 34 Va May Feb 5% -25- 22 *2% & Co _ 10 Catalin Corp of America—— —1 Cenco Corporation •_ 1 Central Explorers Ltd———-1 Central Illinois Secur Corp 1 11% May 31 % Mar Industries— Electric American dep Associated Food Associated 8% Mar 1,100 375 17% — Productions Artists Associate 12,300 33'/a 34 1 2.50 Armstrong Rubber Co class AEquipment Corp Aro Assoc 10% 32% 10c - warrants Co & 10 Va 32% x31 42. ,500 10'/a 9iV 9% - 1 Co common Products Casco I Castle 10% Light— & Power 35 Jan (J W) Jan Mar 32, 800 8t\T 7%' ord———2s 6d American dep rets B : Carter Jan '26 Carreras Ltd— t Jan 30% 32% 700 .14 ->28 1 1 '■'i Capital City Products common 5 Carey Baxter & Kennedy Inc—_——1 Carnation Co common-—— ,5.50 Carolina Power & Light $5 pfd • Canso May 26% Jun Corp— , 9% Feb 29 Va 7U Natural Gas Ltd vtc— Oil Producers Ltd vtc Canso Jun 5 CorpArkansas Louisiana Gas Co Arkansas Feb Jan 18 5 Oil Fuel Canal-Randolph ^ 1% May 76 Va Mar xll 300 Jun 68 1% Jan 1,100 Angostura-Wupperman 1 Appalachian Elec Power 4%% pfd—100 Arkansas Jan 14% May Jan 50 29,800 26% 2.40 "A" 6hares 20 900 l7/a 27 4.75 Anglo Amer Exploration Ltd Anglo-Lautaro Nitrate Corp— 68 71 5 3 5 20c 2 Oil Company class A 100 1% 5 Incorporated Amur ex 13% 65 Thread Anacon 300 13% 13% American common 10 8% American preferred 24% High - 28,400 28% 6c 1 Minerals Williston Canadian . . —1 • pfd__25 Petrofina Inc class A— 1 Photocopy Equip Co 1 Seal-Kap common 2 Paper Jun 40 Maracalbo Co American Meter Co American Natural Gas Co 6% Anchor 9 May Range Siace Jan. 1 Low High 12 Va . Jan 4% 15 15% 1 100 —1 20 25 American Laundry AMI Jan 2,000 100 common American 5% Jun 1,300 3% 44 Goods Manufacturing 10 Aluminum Industries common———* Ambrook Industries Inc (R I) 1 American Air Filter 5% conv pfd—15 American 2% 3 Aluminum American 6% May ~3% Co of American 6 Feb 4% 6% Ms 81 % (Mich) common America— cumulative preferred Products $3.75 Jun 3% 5% 9 f 6 Paper Corp Allied 4% 13 V2 Control Co Aluminum Feb 400 18,000 4 Shares 10% 11% Campbell Chilbougamau Mines Ltd—1 Canada Bread Co Ltd—, * Canaoa Cement Co Ltd common • 6% '/o preference—— —20 Canada Southern Petroleums Ltd vfcc.l Canadian Atlantic Oil Co Ltd 2 Canadian Dredge & Dock Co Ltd • Canadian Homestead Oils Ltd 10c i Canadian Marconi -1 Canadian Petrofina Ltd partic pfd—10 Jan 2% Allied Internati Allied 28% Apr for week Low Par 3% convertible preferred Inc —} Investing cap stock—1 5Va-% Allied 24 300 26 Sale Price High 4% 1 Corp. Pictures Artists High Range of Prices Last STOCKS Sales Week's Friday 14 American mock Exchange 6 Va - — JUNE ENDED 1 Range Since Jan. Low —J Alles & Fisher common Allied Shares 25% Co——100 Engineering All American of Prices WEEK for Week Low Par FOR RANGE Sales Week's Friday Feb 7% 14% Feb 28 Apr 5% Jan 18 -35% Jan May Feb 7% Jan May 3% Jan v 29 % May ;• •; • E.; Eastern Malleable Irbn j Eastern States Corp_r $7 . $6 preferred series A preferred series B : ) ' 25, ——l.l ——• 200 3G% 163%%/ -v; 150 160% 48.-49%.,,19% 160% 18%-.19'8 160»% 148,..; 150 Jan 54% May -17% May 31% Jan Jun "177% Feb Jun .162% Jan J48 Volume 185 Number 5647 . . The Commercial and Financial Chronicle . (2831) AMERICAN STOCK EXCHANGE Friday STOCKS Week's American Slock Exchange Range $2 of snares Mines Electric Limited Bond & 1 Share Elecuographic Corp Electronic 300 17% Communications Electronics Corp of El-Tronlcs Inc.^—. Inc 1. 100 30% Jan 25 7% Jan 2,200 fff Feb /a Jan 9,700 26% Jan 32% Jun 300 15% Jun 17% Feb Feb 11% Jan 9% 10 9% 1,000 8 10% 6,500 5c Air Freight Corp Empire District Electric 57c 2% 2% 2 x'i 12,300 12%. 12% 13% 900 12 May 16 pfd 60 92 May 102 97 97 1 10 % 10% 10% 10c 3% 3% 12 Ta ^.1 Erie 10c ~93u 8% —10 12% 12% 1 6% 6% 6^8 100 1 6 % May 7% 6% 6% 7 600 5 Ero Steel Corp 1st cum com preferred Manufacturing __ Co Esquire Inc ; Eureka. Corporation Ltd _„$1 Eureka Pipe Line common : 19 19 57% 10% 12% 061 Iron Feb Public Service Co 3.90% 3 % May 4 Faraday Uranium Fargo oils Ltd Financial Eire % Jun 42% 7% Jan 10 1,000 13 38% pfd 12% 12% Chute- 6% 4% Jan 2y« May 6y» J an * 75 13 2,500 5% 60% Apr 12% Jun 914 Mar 1,500 May Apr 20 Jan 4,600 5,700 2% 100 * Jun 5% 3 5% May 79 Feb 10% Jan 400 -> 12% May Apr 14% Apr 6% Jan 14 y* May Jan 1 10% Jan 14 15,100 15 V** 16 Feb > * 110 Jcannette 10% 10 % 10% 10c 1 Va Apr Jan 16% Jan '-- Mines i—. A Class 2%. 2% 2% 16,600 % U 65,700 Glass Ford 4% 4% 4'A 700 4JA Jun 5 2%; 2% 2% 36,600 ltt Feb 2% Apr 12% Feb 17% May Kaiser Industries Fort Pitt Fox De Fuller Eeer (Geo Feb 9% Jun Kaweckl Chemical Co 1,900 16 > Apr 22% Jan Kawneer Co 11,000 /V Mar 3/0 Jan 3% May 8% Jun Kennedy's 211,300 1,200 6% Mar 7% Apr Kin-Ark 423b Jan 800 5% Jan 1,300 41% Jun 45 Kitltle Inc Oil & 7% Feb 15% May Kirby VenSyn Petroleum Co 20c 7% Jun 10 Kirkland Minerals Corp Ltd Klein (S) Dept Stores Inc 117% May Kleinert. 120 Knott 108% 112% 2,100 118 102% 75 £1 V A ' » 1 ord reg 5% Inc Inc.. * 1.25 109 Jan 41:» 1U? 9,000 5% 6 . 2,300 5% Jun 7% Feb 6% 8,300 4% Jan 6% Hotels 9% Jan 16% Jan 7% 8 1/h 15% 3% Jan 6,500 15% 412 7% May 300 15 Feb Co common. * _ 57c preferred— Gellmaa Mfg Co common General Acceptance General Alloys Co General 5% Builders Corp Corp 5% Stores L'Aiglon 50 _• 17 25c 19 *■ Seal Dairy- Products Gorliam Manufacturing Rapids Varnish Gray Manufacturing Great Amer Great Atlantic A: Great Lakes Gridoil 92%, Realty 5 7o cumulative Locke 7% 8 3%- 200, , 187% 127% 128%. 2%.' 2% 11% 11% 12% 1A 1 % 6% 8 May Truck Oil Public 82 \ Lamp Hammond Co_^._— __L_— Mansfield Tire Hartford Electric Light.. Harvard Investors Inc.. Hastings Mfg Co 34% 2,150- 35% Apr 54% 49% 57 7,400 33 y* Jan 57 Jun 8 Apr 6 2% May' Feb 9% Feb x9% Jun McKee Mead Merchants Jan 19% May ' 4% May 75 _* Jan 77 Feb Hazel Hazeltine Hecla Apr Henry Holt & Higbie Hoe Co Mfg" Co <R> Class 5 B— Hoover Bail . New L„ & 2% Merrill Petroleums Iron 1% 33 19% ",,20% 21 Feb 23 "800 8% Feft. 400 213 12,500 21 21%. 4 *"i_ 53% 129% ~~4% 5~~ 2.50 2% 700 " 37% 2% Feb 99% 99% 53%. 55 126% 131 ' 110 400 Mt Jan 11 Jan 24% May 24% May 16% Feb May May 107 Mar 23% Feb 60% 120 29% Clemens 6% Muntz , Metal Mills Vernon States TV Tel • Co common Company Jun Nachman common—. (Canada* capital stock..* Imperial Tobacco of Canada __1_"5 Imperial Tob of Gt Brit <fc Ireland__£t Indianapolis Pwr & Light 4'£ Industrial Enterprises Inc Industrial Hardware Insurance Co Mfg of North Ptrr footnotes see pfd page .1 _50c America 37. ' 62 Dehydrating Apr 5% Mar 100 9% Apr 11 % May 13% * 14 5,200 11% National Casket Company Feb 15% Mar 18% National Electric 1,000 18% Jun 24 National Mfg <fc Stores common .5 5 %' 5%' 10.500 , 61% 62% 7,300 12% 1,000 83% 84 24% 2% 107 52% Mar 11% Mar 4!i} Jun __ 24 Jan 5 2 105 552 63 National .. Bellas National Brewing Co Hess (Mich) Weld Petroleum Ltd Presto Research Apr National Rubber May National Starch 16% May 98 1% 13% 32% Mar 1,700 1% 21,000 85% 150 92 95 1 Apr 21% Jan 104 12% Mar 14,500 29% 35 Jun 13% Mar Apr Jan 1% May 20% Mar 29% May 92 84 60 ■■ Jun 90y* Apr 86 153 150 150 41% 42 160 42 Apr 150 Jun 175 41% Feb 2% Apr 3% May 16% May 122%; Jan ■> 18% 450 18% 126% 750 X126% 129% A Feb 90 ■ Jan 95 Jan 90% Apr 150%, Apr 44 Jan 2% Feb 3% May Jan '19 130% Jun .1% Jan 13 in 11,200 32 33 '/a 2,800 22 ya Jan 36 y* May 27 26 % 27 2,500 26 y* Mar 31V* Apr 10% Jan u 9% 400 10 31% 9% "3% 33 500 3% 3% 1,100 13% 9% Jan Jun 35% Apr 2% Feb 3% May 3iy2 National Feb Nation# Telefilm Associates Car Ltd National Transit 27'4' 3,900 15% Jan National Union Electric 2% 1,600 2 28% May 2% Jan Neptune Meter common 2.250 nn Le Mur 900 Co 13 y2 Jun Feb 3 14% Jan 4% Apr Jan 9% 3,400 8% Jan 11% 3% 3% 4,200 3 Apr 4Ya Jan 2 2% 800 2 Jun 2% Jan 18 100 18 Jun 9% 9% 1 3% 1 18 1 -■ 4% 18% 19% 900 12% 18% ~ 13 200 4A 4% 16,400 9% 800 18% Jun 12% Mar 3% Jan 9% Jun -.21 Jan 23% Jan ,13% Jan 5% Mar 11 Mar 2 9% 9% 23% 23% 24 800 17% Jan 23 23 23 200 23 27 26% 27 1,400 22 Mar 27% May 26 Mar 30% 7 Jun L* Apr Nestle 500 4Va 1 Inc Corp 6% Steel 13% 4 1 Machinery 10 Products common—.1 12% 108% May 125 100 32% 25c Industries 94 % Mar Vf+i 8% Mar 23% Apr 5% May Jan 1 5 2.50 10 50c Machines——1 Jan • 13% 26 Feb Apr Feb 5 400 84 m or 14 29 5 common 82% 108 10 7 17% 101 1 Milling Co Jun 40 Apr 13% X28 :10yvMay 18% Feb 800 34% 17% 98 * 300 900 ' 5% Jan 10% May 17% Jan Jan & Feb 12% 100 '* : Co. 5% 22% 34 17% 1 Inc Alfalfa National " 8% 22% 5 10 Corp Namm-Loeser's National National £1 8% 22% Mar 1 May Jan 26 100 100 4 — Imperiak-Chl Tel. 8s Inc— Corporation. 63 19 8 May 12% Mar 4 110 107a 200 2.50 Inc— 200 65% 9,200 9 12% 1 200 4% 9% 12% 1 1 Products National Imperial; Chemical. Industries 'Amer dep rets ord reg Ltd 3,200 65%. 4%- 9% Jan 9% 2 12% Jun 1 5 11% Apr N May 131 common (Can) cumulative* preferred Muskogee . 59 600 1,500 50 * pfd Murray Ohio Mfg Co Muskegon Piston Ring common Muter Feb 100 10% 13% cumulative Mountain Jun 96% Jan 1% Feb 10% cum Murphy Jan 46% Feb 57c Service Jun 10 900 1% 23% Apr 7% Mar 12% 5 & Light Public Apr Feb 100 11 19% May 24% Apr 4% May 10% 50c preferred Canada of Pwr 17 12% -—50c common , Jan 700 1% Jim. Jan 600 • shares convertible Corp Mount 21% Mar 19 11 18 % 57% Mar 19 y* 900 -- Jan 13%. Feb- .,2,000 4% , 34% May 12 4% . 4% May 26% 22 preferred 100 preferred series B.—100 4.50% preferred series C .100 Montgomery Ward & Co class A__—* Moody Investors participation pfd—* Jun Jan 4%% Co Molybdenite Corp ■ Feb common Abrasive Minnesota 4.40% Apr 1% Mar 3% Jun 21% 21% 13 % 13% Feb 900 1 Piping Co "4.80% * 24 21 21% 1 2.50 Jan 35 3,200, Jan > Monongahela Power Co— Mar 3 18% 45 18%* 19% , Jun 12 Feb 16% 43% 19% 15 44%. Jan 1(1% Jun 10 : dividend cum Wohl Mining 18% 43% 1 Molybdenum Corp 6% May Jan 50 10% 13% Products.———.I.5 , , Apr 10% 17 65% , 70.) 1,000 200 29% - 10% May 5% Jan 19% . Jun 15% 15.500 29% 21% Feb 21% \ Jan Jan 2,600 33 ' Feb non 6 52,900 1 common *. 300 Corp $1 conv preferred—* Steel Products— Missouri ,Jan 94 67 4% 19,300 117% 120 29% 25 Jan 12% 1% 35» ' Jan Co L 7,300 11% Oil Mid-West ~ May' 6.400 ~~ _ Food 9 Va 6% 10% 1 Sugar Midland Miber 6% 11% 25c 5 1 Ltd Corp common— preferred Midland - 44% " i Hydrometals Inc Jan 5% Feb 3,800 36% . 3% ™ 20% * . < 21% Mar 86% Jan 4.100 2% 35% 1% * Manufacturing Co 11 67c 6% 1 Co Co Micromatic Horve Corp.. Middle States Petroleum Midwest Jan Jan 7% -Feb ' 35% 15 ... 4% 107« 2% Hydro-Electric Securities Hygrade 9% 9% 4 f 3% Mar4Va 30% 1 Refrigerating Mesabi $2 2% ** 10% . Feb Jun 3,300 6%' : Jan 3% Apr 3% Jun 2,400 21 % 23 May- 1% 3,300 > 39% 17% ' « common w 4 2% Mar ,■ 14 3% Mar 350 'J . —100 common 3% 500 25 9% —IjO preferred Lock 1,000 5% Hubbeli (Harvey) Inc common 5 Humble Oil & Refining capital stock.* Hurd 600 1% 20%* * Baking Co 57o 3% 5% * : Hartiart 3% 24% — 1 ... Horn & 3% — 60c... & Co.—_,n_ Horn Jan 1,800 20% —5,. Bearing Co Inc Karaart 2 8 ' 25c Hormel (Geo At & 2,100 *,22%' . 2.50 ... —: &s 583« 7% .L ; ; _ Inc..l— Oil. Co Ltd class A. Horder's 43 Jun " common. Industries Holly Stores Inc.-„ Holophane Co common.; Class Feb 55 37% 1—1' : Hollinger Consol Gold Mines.. Holly Corporation.: Home 36 260 '62% —10c common <fc Co Inc * 1 Inc Co.. A Hofinann 10% 2,400 —100 « common.. Products Electric ? pfd——100 — Galion Hevi-Duty 2,300 7% _* common— preferred Hercules ,?'4 25c (W E). fc Co 5 V2V0 7o 12% 411.455% Jan Apr; May •' 39 38% Helena Rubenstein -4 10c Co.... 6% 39 Co Mfg Co & Thermit Corp — Michigan Chemical Corp Michigan Plating & Stamping Co Michigan Steel Tube Jan 86 Jan -* 1 Metal 105 55 Corp... Mining Heller 34 & 8 * Corp & Co common Johnson Menasco 10 2% Jan Aircraft (A G) 9% May 12% May ~ 130 1% 8%, Jun 6JA Feb 33% V 31,600 3% 1,600 8 34% 100 1% 7% Jan 84 : 3% Apr 13%. Jun "3% Feb __10c Jan 4A Jan ~ 33% May 30% Jan 83 1 x 1 Lithographing Co Bishop Inc..; ..1". 15% 4 £1 ; 600 1.600 2 • Hathaway Bakeries Inc— Havana 13% Jun Apr 7,800 • 9,200 2%- 3,000 Jun 17% May 14% 200 2% 14 17-% • Jun 35 2,800 2% 13% 1& 13% 5% . 34 15% Feb 33% 38% —.1 1 32.' *- Jan 14% 82 11 50 34 5% 12)4 1,700 33% 1 3*% 40% 900- 16% 5 5% ! 14 17% 16 Massey-Harris-Ferguson Ltd Mays (J W) Inc common—... 38% lo Feb Jun 8 McDonnell 84 —25 4% Feb 18,500 Apr 1% May Feb Feb " _1 .L 15 1 33% 5 Xl6% 12 »% Feb Marine Ltd Co 16% —* & Rubber Co International Communication 17 1 — Co 7% Jan ' 1,900 Jun 1 Company..! Harbor Plywood Corp———, Harnischfeger Corp j. __l 7 Co common (The B) "7% 50c 4,500 2,050 • 132 2 - Organ 10c Service Stores Marconi Jan 1 warrants Corporation Manischewltz Michigan Hall Inc Metal Textile *• * Jan Apr 11% Jun 187% v # 60% 30 V» Feb Feb 3,100 3 % 3% Jan 17 • M 3% May 18% Jan .3% Apr l%May Feb Jan 19,300 9% * 11% 1% Mar 16 1% 70 10%* 11%. 20 Jun 149% 127 570 9 14% Jan 275 10 7 7% May 18% 11% 96 2 % Mar May 11% 2 Jan 28% May 9% Jan ,r 93 9% Jan 2.300 Jun Jan 46% Mar 25 14.800 .;. 182 8% • 50 26% Mar Maine Jun ~iVa 41% 70 18% Jan Jun 350 Mangel 6% 6% Jan 6% Mar 50 —-. 1 Feb 29 y2 ... 1,800 65% Feb 300 250 3,300 —- — 14,400 Jun 1,900 39 11% Jun 2,000 6% 41% 6% 41% — 56% 7% 9% Z —LI 10 28% Magna • ; Jan 10% Apr 1 GypsunvLime & Alabastine——_ Apr 5 Jun 65 27 y2 IVa common. —.5 ' 218 3% May 17% Jan 38 537/a IJMar 9 -_lQc 2%, May 900 Co Mages Sporting Goods 2% 10% 3,600 100 11% Jan 7% —9 d A 3% 6 Jan 14% Jan 6,400 28 2% 7% ': 2 Tb 2 3% 2.50 Mar 3 128 2i<V * (The) Co 2 7% 185% 2% Lynch Corp May Feb 5% 18 Lunkenheimer Mack 7%. 6 Jan 44 Macfadden Publications Inc 26 5% 100 20% Mar 95% 8% Jan xl4ya Jun 3,600 Jan ell 10% May Jun 6 1% 16% 92 10 y* Jan 20,300 1,500 16% 14% * 11 y* 100 7% 1% 11% May. 15,100 3UO 10% 16% Jan ill. It 6 53 y* Jun 2,300 29%- Jan ' 9% , 27% Mar 1 10% 2% 400 17 Co 800 *. 29% Exploration—„30c 1,200 2% 28% Jan. 10 ~ 15% Mar Watch 12,300 10% 14% Jan Louisiana & Jan 5% Apr 200 Longines-Wittnauer Land Jun 6% 2,200 15 5% 5 (The) 7% Jan 40 Apr 21% May Jan 42% Chain Lodge & Shipley 5% 4 13% * Steel 17% Jan 54,300 5% 5% 6% 10c Feb ' / - Inc Jun 19% 5% 5% Jan 500 7*% 6% 1 preferred Industries 500 20% 20 17% Common —13% Jan Jan 25c 11% 10% 8% 42% Liberty Fabrics of N Y Jun 6Va 4% May Apr 5% Feb 3 - 29% * x3% Apr 24% May 12% Jan 22*% Jun 10% Feb 200 Jan 14 y* Jan 1 Inc (R G) Inc Petroleums Ltd Jan 8% Mar 12 3,700 r 1A May 13% 10% 29%, 25c common Refineries Tourneau 1% 99% May 97% Jan 6% 7% May Feb 12% Mar 14% 5 Loblaw Groceterias second pref Jun 4 5% 50c Litton 87 2,800 6% 5 — Jan 21% ' 3% 4 5% i Jan Jun - 300 1 Inc common 200 257/a _50c preferred Inc 12% x4% Mar 100 12'/» 12% 5 38% Feb I 2,700 12 ) Jan 8% 9,500 LA 200 7% Salle Extension University Liberal May Jan 19 7 6% Apr 4% May 2% Jan 2% Apr 4% Mar 22% 10 950 7 L —I • Jan 1,500 22% 20% Co 11%. % _•* Class B$4.50 8% 56 2'A 2% 1 37 2% 100 i 7% Jan X97 Tea-— Guild Films Company Inc.— Gulf States Land & Industries— 20% 2% Feb 300 1 1% Jan 25 * 5 Leases*.. Company Stores Products Leonard Apr 5% Jan 10,400 10 10'/4 4 1; 14%. Feb Feb Jun • 19,400 13% 75 pesos 34% 19 50 . Oil & Chemical Co Freehold Lecourt Jan 18 20 41 r»* 10% A__10c ' Griesedieck Grocery Jan 13,300 87% 10% Inc.—_10c Hydraulics—,_J 21% 8% 1 _. Non-voting common stock 17o 1st preferred Greer 3 16 4,600 - l Pacific Lear 16% " Co Jan 17% 1 - Ltd 11% 35% 1 . Co 12 13% 33V3C u - A Industries La 6-,V Jan 900 4% 10% common.. Industries Lanston Feb 44,000 1% 87% * class Goodman. Manufacturing. Grand Mar Feb 600 11% X97 4% l Inc.—... Goldfield Consolidated Mines Gold 6 5% 39 % 1% 87% 1 — 600 700 13 Inc S Mines Sessions & 2% 1,100 33% x97 10 I Lannson Jun 17% 8% 18% * , 50% 27 1% Glemnore Distillers class B Inc Mar 1% May 2 May 100 16% 10% 33'/2 1 Corp 13% V- Lakey Foundry Corp Lamson Corp of Delaware Jun ' 48 50c Gladding McBean & Co Glen Aiden Corp ! (Adolf) 2,800 7i\ Gilbert. (A C) common... / » Gilchrist- Co———.__* Gobel 2% 14- 15% 1 7.50 Apparel Shores 105 Feb 4% 400 1,900 37% May 18% Jan . 13% Mar 20 ... Co 3% 1,500 2% 2% 5 Georgia. Power $5 preferred $4.60 preferred Giant Yellow knife Gold Mines. Union 1,100 5% 2 £1 Corporation General- Transistor Globe Mar 32 % 21% May 12% Corp L Le preferred Stores "5 Jan 25 Enterprises Plywood Corp common §General 28 Ltd— Indus convertible 100 4% com—1 preferred American dep rets ord reg General Fireproofing common General 31 % ~5 warrants—__ * General Electric Co General 31% 105 .L_l Supply convertible 31% 100 2,400 5 Kropp (The) Forge Co KrCteger Brewing Co Apr 24%Mar 18% xl9 'A 3% 4% 6% 13 1 Co Feb 23y« Jan 5 Rubber Bt Apr : e 15'/a (I Kobacker 4 7% '-5 Mar *10 1(1 6 1 Apr 98% 400- -• - 14 1 Jan 3 V* Jan Feb Feb 34 2% 7,100 Lake Power 1 y* •'/ 42,300 2y* 95 20 / Jan 12% 14% 3% 8 118 1% Jan 32% 10c ■: 15 % Mar 3 May A 1,100 23% 18% 7% '. Sales 23% 2.50 Company La consolidada Gatineau Co < 95 5 (Walter) 13% 108 2 10,600 3' 95 23%, 5 , Kingston Products 7 2 16»/a 2%. V 95 25c (Del) !;i 87s 3 \ 1 7% Company Co A i 100 15 y8 • Ltd— {The) pfd 15% 15% 50c 4%% _2.50 • Industries Luxe Electric 1 American dep rets Fresnillo 4 Corp. & Company & 7% Canada— Co (D) Gas 6% 41*518 6% U-"n : 2 1 common 9,100 16% {A . _15c 6,V lo voting Motor 2 ' Co Katz Drug Company 9% 16% 8 —10c non-voting B 2% L ; Inc Motor of Class 9 16 V« 1 j . Flying Tiger Line Inc lord 9% 1 Ltd — General Corp Sterling 1 Corp Jupiter Oils Ltd Jan % Feb 12 Oil Jan May May Kansas Association Firth ... 2% Israel-Mediterranean Petrol Corp Inc.lc Jan 700 '* F • !.Mast & Co class A Fairchild Camera & Instrument , 2% 19* 43% Jan 14,400 11% 10 Yb 8% Feb 16,900 5'/a 11% 5 1 Israel-American 12 y8 Mar 10.000 9% ■ 10 9% 12,700 39 % U : 600 3'a 38% 25c or Factor • 4% 11% 10c Fireman Manufacturing vtc 1,500 350 33V3C Qo Ironrite Inc Irving Air 11% 9% 1 Resistance Company.— Royalty Kaltman ■ . Low 54% Machinery- Range Since Jan. 1 high High 9% 19 Inc 7% Mar Forge & 6% ' Low 55 Vb Iowa Jan Empire Milhvork Corp Equity Corp common $2 convertible preferred Cigar Investors Apr 3% Shares 9% International Feb 100 Jun 2% May for Week 1 Intex Feb 9% Sale Price International Petroleum capital stock-* International Products 5 Apr 20c __ Emery International May 9% Range of Prices Last Breweries Sales Week's Friday „ Par 15% 9% . International Jan 32% 10 America..—___i ,f High Jun 15% 1 >» American Stock Exchange lir 31% iti 32 Vh 5 common common * 14 STOCKS 24 9 ENDEDl JUNE ' Lovi mu WEEK ' High 17% 1 — FOR Range Since Jan. 1 30 Corporation class A Elder Low int—1 beneficial preferred Edo Shares Associates— Sugar common RANGE for Week of Prices Sale Price Par Eastern Sales - Last common Corp common— 10c ~8% ~7% ~8% 28,700 " Jun •26%-May r32% Jan Jun 9% Jan 1 4% 4% 4% 400 3% Jan 5% Mar —30c 5 2% 2% 2% 2,100 2% Jun 2% Jan 28 34 28% 29 % 1,500 -1 7% 7% 8% 1,800 27 Va Apr 4% Mar 32 Jan -.-8% Jun 35 and Financial Chronicle The Commercial . . Monday, June 17, 1957 . (2832) 26 AMERICAN STOCK EXCHANGE Sale Price Exchange American Stock New britisn Dominion New New New convertible preferred Idria MIn & Chem Co Jersey Zinc New —i 20C 1 2,400 2 1,670 131% Jan 137% Jun 2,400 % Feb ft Jan 2% Jan 2% 1% 400 1% 1% 25,500 ' 15% 2A "2 ft 13 13 Ogdcn 2 1% Jau 1 % Mar 87 % Jan 2% Feb 14.4U0 , 1% 500 1% Jan May 89 2% May Feb 13% May 13% 700 12% 59 % 350 55% Jun 78 14% May 4% Jan 3% 38,800 2 9,600 Feb 5 '/a Apr 3,300 2% 5% 2;8 to 5! a Jan 3ft Jan 474- Feb /1- Jon 6 Jan 574 4% 5% 87,300 3 Mur 5% Jun 10% 11% 23,200 7% Feb 1,300 9%- Jan 11% May 11% Jun 10% 11% 35 35 41% 41% 7 6 5ft 25 6% 4% 5 40% 8% Apr Jun Feb 6% .Apr - Jan 42% May 75 Jun 78 86 Jan 91 % Servo Leather Sliattuck 60 87 87 8ft 513 6% 18,400 2'A 2% 2,100 8 ft ft 2: 2.7a Sherwin-Williams of of America common Siboney-Caribbean Petroleum Co Sicks Breweries Ltd— iJan % May 2'A May Shoe ' '■ Co 65 66 94 93 $4.50 preferred— dividend preferred $4.30 Northern Pacific Petroleums Pacific Power & Light Tubes Page-Hecsey pfd 5ft 80 >% 80% 84% 25% 3% Jan 5% 92 Jail May 3% Feb 500 14% May Feb 22 1,100 3% Jan itO 2.200 24% Jan Apr 3% 3% May 11% Jun 800 12 3 85 Jan Apr 26 Mar 4% Apr Pan Israel Oil Parker Pen Class Company class A— Co i —LLliL Canada Ltd of Pntlno Oils & Minerals Phillips Screw Piasecki Pierce Industries Gold Pioneer Scale Pneumatic Polaris Mining Poloron 23% Jun 27'A Jan 22% Jun 26 % Jan 21% 21% 21 84 93% , Power Products class A common Pratt & Lambert Co Inc Preston East 91% 99'A Mar 460 101% Jun 108 91 Jan 87,400 96% 100 93% ; 4 16% 15% 15% 16'% Power : Jan Jan Standard Dredging Corp common Jan 14% May 16% Jun $1.60 convertible' preferred Standard Factors Corp. Name "274 14 16% JUli Feb Feb Mar 7 Jan .4% Mar 53% Mar 58% 20 1% 6% 7% Mar 800 400 100 674 97 Feb 6 Jan 3% Jan Apr Sterling Stetson (J Jun Stinnes (Hugo) 23% 22 % May 1,400 8 Feb 10 Jun 25 57 Jan 84 Jun 3,700 4 Mar Apr Remington 51% Feb 57% May Sun 21 Sunrise Jan % Feb ft 74 ft 4,200 1 8% 874 8ft 7,600 15% 1574 1074 1074 100 9% 1,400 x9 Jun 83 Jun Apr 1,900 6% 14% Jan Apr 10% Jun 8374 150 3 15% 16% 900 14% 5 18 18 100 16'% Jan Apr 3A Apr Argentine 9ft Apr *'■ 16% Rio Grande Apr 9% Jan 93% Feb 17% Jan 18% May Vtc extended (I) to Jan 3 Royce American & Sons pfd F Inc Roosevelt Roosevelt Raceway Carpet Russeks Russell (The F C) 16 12% 16% 4,800 x9% Feb 16% Jun Thrlftimart 24% 20% 25% 2,600 21% 22 18'% Apr 2074 Jun Feb 25% Jun Tilo 24% Apr' Tislnnan fa 52 1,800 ft Apr iS Jan Tobacco 1% 8,400 1% Mar 1% Jan 1 28% 8% 52 5% 27'% 4,700 10 55% 5,800 5% 21,300 48n a May Apr 47% May 1,000 19'A 5% 20% Company Realty Construction Ltd— & Oil class A— Co 87 Feb Trans Empire Oils Ltd. 2% Jan Trans Feb 15% Feb Mar 29% Jan Lux Trunz Jan 12% 37% 39% 1,150 35% 16% 17% 1,000 13% Jan Feb 18% 19 5,000 16% 5% 574 874 9 3'U 4ft 47u 5 6% 3% Feb 76% 375 574 5 % "274 1,900 14 74 1274 2% ' 5'% 16 13% 76% Jun Juiv 7% Apr 16% Jan Feb 15% May 13% Mar 1378 Feb Feb 3% Feb 22 % May 31% 200 12% 11,500 3 Apr Jan 62 % 201) Apr 5 ft Mar 5*'a 3'/a May 2,100 Jun 6'/e May 10 Feb 14,100 Feb 39% Jun 10 May 19'/« Jan 300 74% 74 ft 4'A Mar 2,400 2% Apr Jan 23aA — 24 74 400 38 74 i- 3974 3,000 29% Jan 40% May 600 17% Apr 20% Jan 1,500 127» Jun 14'2 Jan 18% 18:ia 18'% 13 127 a 13 3%» Jan 2% May 3,100 274 274 2% > 1174 11'A 500 10% Jan 13 13% *1,300 11% Apr —, 13 13 Feb 14 Jan 5% Jun 7% f Apr 14'4 2.400 12 % Feb 147'a May 1374 1374 406 11% Feb 14 '/a May 3374 347a 2,400 28% Feb 34 7a 7 337 a 6 674 6.800 6 Jun 8% Jan 274 274 4,100 1% Feh 2'% Jan 93% May 9574 957 a 25 4 3314 36'% 1.800 33% Jun 63% 60'% 6474 8,000 40% Jan 2 4,300 1% 9 600 1% 2 . 1 1 • 87a 8% 12% 700 19% Jan 21% Feb 2174 22'% 900 14 13 74 1474 1.200 42% 4274 437a 900 138% 14874 1.900 4% 2,000 83% 175 137b Mar H, Jun 5% Jun Unexcelled Feb 29 Vb Jun Union : 45% Jan 70% May Mar 3 9% Jan 21% Jan Mar 25 15% Mar 43% May 21% Feb 6ft Feb 1% 14874 Jan 17a Feb 148% 47% 4% Jun 3% May 5% Jan Jun 91% 82 83 274 Apr 13% 79 82 6ft Feb Feb 2% 2 % 4.300 2% Mar 2% Jan 1274 14'A 6,600 8% Jan 14% Jun 27a 2 74 2% 2 Mar 4% Jan 36,400 2% Apr 3% Jan 8,900 2% Feb 313 May 37a 1,200 2'%; 2'% 2% 3% 3% 37 a 434 574 11.000 18'% 19% 17,900 43 Va 41 43'% 1,100 Jan 57/a Mar 11 Jan 20% May 35% Feb 43% Jun '29% Apr 30% Jan 3.300 5 May 7 Jan 125 66 Jan 90 May * Jan 55% Jun 1.25 1 Jun 2014 20 Feb 99 Jun * Corp l^j Jan ft Feb 16,300 74 74 7a 36 7 warrants Inc Jun 674 27a 1974 ! Corp.; Temper Jan V 4 20 8% 87 a 87 b 100 Products common—50c United Asbestos Corp 1 6 % ~6>A 6% 5,200 5% 6R 7 ft 9.000 5% Mar : 13 7'b 4,400 35% 36% of Corp Canada 3,300 12% Jun 14% May Union Investment Co 20,000 16% Jan 24% Jun Union Stock 3% 3% 3% 800 Mar 4% Jan United 2% 2% 2% May 3% Jan 40%, 2.000 32 Feb 43 % May 4%' 2.700 4 Jan 5% May 1 4 % "4% 4% 2.100 Jun "~5 % Jan 57 a 5% Co 13% 4% 5% 5 * Chemical Gas 24'% 38 % 10% 13% —1 50c Industries Inc Cont 12% "4% 8,500 13% 100 preferred 4'Aft Edison Cuba 4% 37. 12 14'4 20 70c Toklan Oil Corp Trans 1 page Amer Todd Shipyard Corp common 21 % 39 11% Security Trust Co 13 % 1 58'A May deposit rets ord registered—£1 deposit rets def registered—5s Jan 1 Aeronautical Co *.• Consolidated Petroleum— i Ryerson & Haynes common—— Apr —1 23% 3,600 51% 9 Inc • -1.25 - 1,400 20 Inc 1 3 57% 10c 10 Inc 3 Ryan see Amer True 8% May 39 56% - Jau Tonopah Mining of Nevada. 1 Trans Caribbean Airways class A—10c 9% Apr 5'% Toledo 5% 1% - 4,600 Jan 55', a Jun 62,100 5,000 Jun 15% Jun 1TB 67a 5% 26 Feb 17a 21% 1% 57tt 2ft 1,800 6 217a 5% 674 3% 29 18%; Feb ' Feb 5'A- Jan 1,100 24 Va 4% 2A Jun 6% Mar Jun 674 2 Feb 4% Jan Jan 5.200 x6 7% Jun ft 5 2ft 2 5 Fa 1,500 - ! 1% Jan ^ Jari ft 3Va Jan 3% Mar May 76 1% Jun: 5% Jan 75% Jun 3% Jan1, - 21% 1274 6% 120 Apr 1% 14 4% May 1% May 1,700 1,000 ~5% ~5% 7574 9,2p0 7,200 2% 64 • —.v,- 5% 79 X7% La ' 5 % 2% May 7;,: 3% 5% 3,800 ~6% 14% May 100 8% 1 2% 1% 5% 16% 38% Mar 700 13% Jan 19 11% Jan 1,800 . Apr 8% " 16% 3.700 45% 13- 5% Jan 12% 100 ftft 600 39% 1311 Jun 23% Mar,:' Mar 4 600 4% 12% JanJ. 23% Jun May 12 13% Feb May 20% 56% 13 VB 36 X20 800 1,000 43% May 24% Jan ft Jan 5% 47% 1,790. 20% 20% Feb 46 r% May 21% - 5 1 48% "38% 300 43% 23% 1% 30c common—; footnotes Markets Roofing 1% 300 % 4% "5% "n 28% 26% May 23 l'/s Mar 7 —_25c Tliorofare 28% 500 1 Thompeon-Starrett Co Inc 70c convertible preferred 2% 55%. Apr 49% Feb 40 23 % 20% * Corp Jun Ryan For Chemical 16 76 Jun 407% May 5 pfd common 63 3 Company Ave Co 26% Jan 100 1 54% 1% —25c Calgary Co Power & Light $4.56 Shovel Jan 2% Jan 23 Feb 1 Jun 1.5C Inc Co Ltd Fifth : Corporation— 38% 2% 12 Feb 35% —1 13% Apr 5 capital stock wi (J O) Engineering Corp Oil Oil Texain common common 23 % 3,200 £1 New Royalite Inc Tri-Continental Ltd— dep rets ord reg Roxbury Technicolor 850 1 Corp common Field Inc Ross Electric Co Tampa Trans 1965 ■' 9 common 9,600 43% 874 May ; 8% May 1.400 3,500 Jan Feb 1374 500 974 39% Jun 7% 3974 Jan 5% 6,400 7:% Jan Jun Jun 5% 33 5 A common 63 50c Cable Rome B 23% Co— Rochester Gas & Elec 4ft Rokeach Rolls class Inc Class 14% 43 % 374 100 T Talon 52 l Gas 3,400 1 Superior Tool & Die Co 13% '• 47,700 334 Jan 1 International Petrol Corp Sunset 23 % , 7% 57a '' 1 Co - Valley Corp 14 74 — 7 12% 50c Corp Jun Jan 12 Supermarkets 62% . 3% 71%. 75»2 * 1 _25c 1 23% 47 100 12% —L.—1 * : Jun 3% 207 a 4% 1 Mining Ridgeway Corp Corp 1 20 l Engineering Co Inc 45% 21 10c * —_——5 l Richwell Petroleums Ltd Rico common— Thew • Jan Feb 20% (Del) 10 Co 21% 36% 38% * Ray Drug common..— Tliiokol & Industrial Republic B) Corp Texas Corp.. Arms Precision Stop & Shop Inc — IS) «te Co common Corporation - 16% 10c ctmmon 12%-May 12,900 774 874 5 Stylon 6'A Texas (The) 33%. Apr 20 20% -L-l Stroock 47u 50 83 Apr Apr 33 42 (A) & Co common — * Sterling Aluminum Products common..5 Sterling Brewers Inc ——L. 1 Jan 10 X9 Apr 16% Jan Stein Jan 700 — Mines Ltd Corp—.—— 6 Jan 10% Jan 42% Jan —1 1 1 1 common Corp Corporation 2 1,800 Co Electric (The) Steel Parts Jan 3% Jail 23 -1 Steel Co of Canada ordinary— Jan 18 Reading Tube Corp common $1.25 convertible preferred Reliance Starretb Jun •*•. Inc Uranium % 54 common Oil Shares 1% • Concrete Pile Reiter-Foster Standard 83% 9% 4% ' ft Feb 18% 54 V* ——10 —LI 10 Co Standard-Thomson 3 Colorado— Reda Pump Co Reis (Robert) & Products 2,000 22% 22 7a Corp— preferred Convertible Standard Stanrock May 25 Jan Staixlard Standard Tube class B 7% May 7% Mar Jan 5% (Ky)_. Packaging % lYo % Mar •I* May 2% 10% 39 7 4 50c Oil Standard 3,400 17 8374 1}2 1% Feb Forglngs Corp Standard Industrie's Inc— 174 54 100 Standard 4. "l% 83 74 9'A ..-V changed to Financial Corp (elf Jun 10) Feb 13% May 10% Mar 90% 2 3'A 15% 5!a 8% 1 20 ~ Apr 14 Mar 6,200 1,200^ HtfO Apr 3% Jan 2 9 3,700 7 74 6 — May 2% Mar Jan 5% Mar 174 . Feb .4% Mar 45% 67a "7'A 1 5% Feb 12 674 ♦ 29 45 1 11,400 95% 67/u Feb 100 20% Standard 1,900 1% — May 3 900 20 33 Standard Financial Corp 1,100 94'% IV2 May 65' 68% May 1,900 12% 19% "~7% 1,400 9% 11'A IV/2 95 23"; Feb 3,500 11% 3-74 10% ft3ft.ft 74 Apr Mar Jan 12,100 lh ■ 45% 10% May 57 a 274 2 ' 19% 8% Feb Jan Feb 24 % May Fel) 42% 3.300 3*% 12 7% Jan 6'A 9 3% 1A 2,600 300 ~274 6 41% 46 1 5 1 * 3,300 - Jan 101% Mar Feb 1% 20% 5 6% Apr 5'A R Raymond 5,500 59 Royalty Co— Southland 4% 55 X5% Southern Pipe Line——-—— 1,200 974 "llil ■ 5% • Rapid Electrotype Rath Packing Co 60% Jun 127% " 62% 18 Co '57% 23 Feb 5%Mar * , 19 17,700 2 —1 Southern Matorlala Co Inc—— Jan 3% Q Quebec 1% Southern California. Petroleum Corp—2 Jun 54 common 148 18% Feb 1 Co 1% 25 Specialty Stores Co IhcSpencer Shoe CorpStahl-Meyer Inc. • 4'Aft cumulative preferred Puget Sound Pulp & Timber com 22% 1% 25 Spear & Company—-— Feb 114 4% "2 Jun 98% Apr Jan 4.08ft Jan 9% 54% cumulative preferred cumulative preferred— 36% 16% Feb 93 cumulative preferred 4,24ft 374-Apr 2% Jan 6% 54',3 800 22 % Jan 8% 10L Jan 41% Feb 92 JU11 29 Feb 109'A 50 98% 97 25 —25 4.32ft Jun 16% 16%- 1 of 83 67 874 1,600 6% 12%. May Feb 4%-May . May ' Apr May 200 .9 400 5% 120% 124 120% -12.50 Mar 1% ~4% Company— 4% 1 preference 4.48 ft- convertible 13% * 1 Ltd— 98 98 14 Feb 84 Jan 2 6% May 350 101 Feb 10% Jun 4% 1,800 7% 6% 6% California Edison— fJ Jan 46,400 4% 3 «'a 9 . . common 8% Jan 150 ft'ft 5','4 -i. Oil Co Penn 83,500 •1 %' - Manufacturing common 22,300 ; 13 12 2.50 Mines 26% Jan 8% Jan Jun 34% 2.50 Gas Pyle-National 98 Jan Jan 144% 145 Prophet Public Service Jun 84 92 % 20 30% 374 : common Dome (The) 84 250 83 IS Progress Mfg Co Inc Providence 170 96 100 1 of America Metals Pressed Jan 1,600 20c Corp of Canada common Oil Royalties Ltd Prentice-Hall 23% 1 "l'/a , : 9% Mar 100 5ft original preferred —25 4.88ft cumulative preferred 25 4.56ft convertible preference——25 Jun Jun 2% 25c Alexander & 24 21 2% - Prairie 20% May 200 8614 85 'ft S3 10 Co 2,300 28 6 ' 101 % 103 12% 1 Porto Rico Telephone Co Powdrell : 300 i - 50 * 1 common Southern 23% Jun (>00 93% 1 : Ltd Jan 1,400 32% 10c 1 Inc Mines South 24% 2% * Pittsburgh & Lake Erie Pittsburgh Railways Co Pleasant Valley Wine Co Jan 22% 83 1 Co Corp 11 ?» 27 —1 1 Corp 28% 24 %: 103 10 pesos Aircraft 1,400 10% 27 5% Jun 23% 93% 2 : 6% n% Airways Inc —————5 Smith (Howard) Paper Mills • Soss 84 '/a (The) —1 Pepperell Manufacturing Co (Mass)—20 Perfect Circle Corp 2.50 Philippine Long Dist Tel Co Phillips Packing Co 11%. Feb Slick South Coast Corp common 22% :24 ' 84 Pep Boys Peruvian 200 29% Jan *2474 2.50 Penn Traffic Co 12% 12% 29 Jan 21 1 Corp 1% May 5,000 ir Publications— $3 convertible preferred ——— • Simplicity Pattern common 1 Simpson's Ltd common * Singer Manufacturing Co__ —20 Singer Manufacturing Co Ltd— Amer dep rets ord registered £1 Skiatron Electronics & Telcv Corp—10c 30% 21%' 1 2 13 Parkersburg-Aetna 4,600 •12% American Shares 32% 22% 2 Chemical 300 Jan 800 1% 1,000 26% May 24 Pentcpec Oil (C At Amer shares—1 Bol Paramount Motors Corp 1 Park 25% „ 27 % ;—lc vtc— 400 600 24 2Bol vtc 26% 24% 24% 30 26% 2% ~8% 1% Jan- 25c 29% Jun 3,000 29 % 29% Jan 1% 14% Simca A 17% "8% 3iminons-Boardman 2 2ft Feb 3,300 * Jan 13% Mar h 1% Jan 4ft 14% 13% Jan 2% Jun Jun Feb 13% 4 4 14% Mr.y 717£ Jan 2514 1,700 93 200 16% 3% Jun 101 10 217,500 3% Jan &• x7% May 5,900 25% -• 3% 67% 25% 1 ♦ common- Pancoastal Petroleum (C A) 21% * Corp 19% Mar Jan 7'A 1,700 8% 13% 2 Lighting Inc Silvray 20% Mar - .-11% 1ft Jan 2,200 7% • 3% Feb 455 3 11% 11% _1 1 100 Airlines. Ltd Pacific i'Jun *"•% 60 6,400 84% 82% 2% • .—* * • • preferred- $4.75 conv dividend Jun 17 8% 10c —I Precision Jan 200 , 3 2% 3-J, $'%% 1st preferred—;— 25 5 'io 1st preferred———— ,2!) Sx'.'x redeemable 1st preferred 25 5% redeemable 1st pfd series A 25 4.80 ft redeemable 1st preferred 25 4.50ft redeemable 1st preferred—25 4.30ft redeemable 1st preferred 25 $4.40 dividend cum preferred $4.75 dividend preferred 17 200 137,100 • Silver-Miller Mines Ltd—— 16% Sonotone Pacific Lighting 100 17'4 ~3% 270 94% 84 1st pfd—25 Pacific Gas & Electric 17% 24% — . Jau 21%-Mar May 1% B———————.—2 common 1 Class, Jun 11% 19 200 ~7% 3 10c Signal Oil & Gas Co class A 13% Feb 26,0001 60 3% Jan 2% Mar 4,600 3% 10 14% 1 JJlectric Corp Canada Corp 20% 19% —————100 preferred Jan Feb 19% 11 . 4ft 19% 17% Water & Power.——*' Sherman Products Inc 1 Sherwin-Williams common 25 Jan 7'A Mar 3 Feb 1% 6,700 2% ■■ 3 15 Ms shares-10s High May * 13.000 4,900 17'A Shawinigan Silex 3 ' -100 —90c 25 Old Town Corp common —1 40c cumulative preferred— 7 Omar Ino^„———————-—1 — Mining,— Denn Apr 9% Mar 5ft Jan 3 yjf Feb 12,800 552 2',4 8ft preferred— Securities—————— common 20% l ''1 1 Scton 19% 19% —20c * —5 Corp of America, — Servomechanlsms Inc——— Silver Creek O'okiep Copper Co Ltd Ainer Inc_ 17% 20'A Corp Ltd Lawrence 16% 16 8'A Jan 17 ' 1 50c —: Range Since Jan. 1 Low High Low Par common——* ,————2.50 San Carlos Milling Co Ltd—£ -8 San Diego Gas & Electric Co— Cumulative preferred 5ft Series—20 Cumulative preferred 4%ft serics_20 Cumulative preferred 4.40 ft serics_2© Sapphire Petroleums Ltd--—-—-—1 Savoy Oil Inc (Del; — 25c Say re & Fisher Co .—1 Scullin Steel Co common—— 1 Scurry-Rainbow Oil Co Ltd 50c Seaboard Western Airlines —1 Securities Corp General——_— 1 Seeman Bros Inc -*' Sentry Safety Control ———10c Serrick Corp class B_, —— JL St Salem-Brosius 10% Jan 6%- Jun 6,300 7 6% 6% Mar x40 13,800 52,900 8% Jun 35' 100 874 Okonite Company common Oxford 16% Mar 11% Okalta Oils Ltd—. Overseas 47% 10% Jan — " ——■—————* common— Oluo Power 4'%% Jan Jun Feb ~3iV "3% 3i2 Ohio Brass Co class B common < Jan 13% o'v 57 57 Company Corp 1% 34% 1% O Oil Oceanic 1% Apr v.''•«.? 1% Feb Apr 3,500: 38,500 36 1474 113 1 VB 2U Mar, 6,800 34% -• Class A„ ft , * Railway % 11a "2% ——ouc America of Corp 2% 134% 135% of Prices Jun 1 13 Nuclear 3 'A 1% 10 1? North American Royalties Inc 1 North Canadian Oils Ltd——25 Northeast Airlines————————-1 North Penn RE Co.-——-— 50 Northern Ind Pub Serv 474% pfd—100 Northspan Uranium Mines Ltd———1 . Feb Cement class A Nortli American Class 111 2 Corp-—————10c Southern Norfolk 167,500 1% Corporation—- Noreen-Ketay 3% for Week Shares Range Last Sale Price „ Sales Week's Friday Jan 15% 10 10 1 »—} Inc————-—--1 Lites Norbute ii 35% , Mexico <te Noma Apr 1 % j>0C Arizona Land New Pacific Coal & Oils Ltd New Park Mining Co New Process Co common— New: Superior Oils New York Auction Co common New York & Honduras Rosario New York Merchandise Nickel Rim Mines Ltd Nipissing Mines . New % % 50c New High 2% 135 ENDED JUNE T4 STOCKS 122,100 24a Chamberlain Petroleum———uoc England Tel & Tel———100 Haven Clock & Watch Co 1 WEEK American Stock Exchange it 3% £uc Oil Ltd FOR Range Since Jan. 1 Low High tt -~l Bristol Shares RANGE for Week Low Oils Ltd New * Range of Prices Last STOCKS Sales Week's Friday Yards of Omaha Aircraft United Cuban Oil Inc United United Elastic Milk Corp Products 10c • common'.-—„5 81% 82 22 e n in 974 Jan 24% Jan Feb 674 Apr 7% May 174 % May: . 30 400 Feb Mar 8% Feb 4% . 375- _ 4y« Feb Jan 39% May — - 5 ' - JaD Volume Number 5647 185 . . The Commercial and Financial Chronicle . (2833) AMERICAN STOCK EXCHANGE RANGE Friday STOCKS Last American Stock Exchange V ' ' ' . *" • United .Molasses " Far Range : j . RR J United Profit WVe & Canal— .;•/ . United .shoe —10 - S Air S-Foil U S class Rubber Stores Corp 33% 290 15% 6,500 % 1% 89,600 39% 43 V* 22,500 34 2 convertible 1 41 3 42%; 10 9% 2% 2,800 53% 200 15, 19% ' 2 ■. 18% 19%:, 28 26% i 4% 4% : 15% Feb 8,200 20% 1,000 4% Apr 474 Mar 5% Virginia Iron Coal & Coke Co 18,800 .6(4 3574 Feb 175,900 Jun 4% 700 274 100 5 5Ta 6(4 Jan Jan 2 A ,"t Mar 49 Oct 1927) 1947 (Republic $53 - '* „ Sinking fund ,3s Jan 1 1997 de Janeiro stmpd (Plan A) *No f valued par Ex-liquidating (not $72 3,100 * ■ ■ 73 — $99% 102% $53(4 57% —Jan-July Jan-July' w 51 2s ,2012 39 a Deferred delivery - (not Wagner Baking voting ctfs ext— 1f,o preferred included in Co Stock and Bond Below 13(4 Jan 7(4 listed on Jan 1 common Webster Investors Inc 10c 1% "2 1(4 138 . (Del) 5 Weiman & Company Inc Wentworth Manufacturing West Texas Utilities 4.40% Leaseholds are 100 ' ■ Amor dep rets ord shares-: Is Western Tablet & Stationery com——* ■5%% Inc Williams 5% (R C) Petroleum 45(4 - 100 1% Apr 9(8 9(4 9- 200 21 12% 2074 2174 6,900 8% 2,800 19(4 Apr 5(4 Jan 3(4 1,300 2% Feb 350 14% Jan .17(4 Apr 99(4 30 96(4 Feb 39(4 Feb 101 "16 99(4 87.51 87.93 86.53 87.41 87.81 148.16 73.63 177.57 89.69 87.49 86.39 87.32 87.72 May 43(4 Apr 15(4 .14% 15(4 950 1174 Jan 15% Mar 1774 1774 200 16(4 Feb 1774 75(4 787a 3,900 574 5% •/'WO 8 77 69% Feb SiVfeb ;u t 1(4 20(4 ~174 174 20 Interest 19,000 "l-fl, jFeb 1,500 Jun Friday's or Sale Price Bid & Asked Low High Quar-Feb June-Dec 87 77% 77% 60% 61% Bonds June-Dec 1970 Authority 374s 1S78_^ Jam-July 7774 May-Nov 60% h ;b.p May ":r High 92.00 1993 A 1st mortgage 4s series B 1993-*. Finland Residential Mtge Bank 5s 1961_, Flying Tiger Line 5(4s Guantanamo conv Western & RR debs 4s National 5s New Research convertible England 23 subord Power debentures 3(4s Power 1st 3 89 89 % 4 87 2 3 (4s mortgage 1968 1st mortgage 3s 1971 Jan-July May-Woo 3s Service Electric Harbor Water 92.35 92.55 High 92.69 Low June series B & Gas Co Corp series C 3s series E June-Dec series 374s F series 77(4 1981 Southern Counties Southwestern Gas Gas Gas & 3(44 10 (Calif.) Electric 3s 3 (4s United Dye & Chemical 6s Wasatch Corp deb 6s ser Washington Water 3 (4s 1971 1970 1973 Webb & West Penn Power A Knapp Inc 5s debs Western 66 Traction 5s 1063 1964 1974 Percent 9774 100 117 ~3 59 9074 9674 — -1957- ' " MM' High Change Low , 90 88 93% 93% $85 $118 55% 90% 94 86 27 90 96 317.5 —0.7 163.5 156.2 288.0 —0.3 290.1 274.8 393.3 + 2.3 402.3 340.5 20 90 - A + 0.5 \ , 88 2 82 6 91 96% Stocks No. of +0.2 91 91 118 136 95% 93 80 72 405.7 ... 382.7 491.3 427.1 286.1 Exchange Railroad Mon. United States Int'l Foreign Bonds Bonds Bunlc June 10__^—__ 3,049,455 $4,268,000 June 11— 2,855,133 4,322,000 June 12 2,598,240 4,455,000 199,000 Thurs. June 13 89 91% 97% 87 83% 88% 90 90 80 $80 88 88 Fri. — $4,463,000 4,465,000 4,654,000 2,634,243 217,000 4,444,000 2,092,330 2,945,000 298,000 3,243,000 13,229,401 June 14i_t 4,227,000 Total $20,217,000 $1,052,000 $21,269,000 Week Ended June 14 1957 Stocks—No. Shares-—— of Jan. 1 to June 14 1956 1957 93 96 $80 1956 , 13,229,401 8,874,890 $1,052,000 $1,137,500 20,217,000 14,046,000 443,828,300 479,749,900 $21,269,000 $15,183,500 $465,909,350 $505,958,400 — 246,346,140 281,500,051 Bonds U. S. Government International Foreign — and '55,000 — — —.— Railroad $215,000 $71,000 Bank Industrial 21,955,050" 101,000 25,892,500 91% $88 Sales 143,000 Wed. Bond Bonds $195,000 Tues. Total Government Bonds 93 130 89 Mm 422.9 + 0.8 and Miscel. Shares 88 95 91% $80 322.5 457.1 ' Daily, Weekly and Yearly 98 % ~ ■ 356.1 Transactions at the New York Stock 98% 92 +0.3 - High. 102% $87 ' 114 97 100 1 9674 $80 93 —0.3 163.5 287.0 Service 293.0 402.3* and 487.6 162.3 — 419.0 491.3* Non-Durable Goods 454.7 419.8 "—^2— 355.1 292.0 Durable Goods ' 53% 17 — $99% 100% Jan-July Feb-Aug Feb-Aug Jan-July ^June-Dec — 82 __ 87 90% 5)5 95 93 99 91 89 90 90 89 91 $80 95 90 88% 93 $66 70 103 — 92 Total 97% 90% $88 — 103 5 92 95 30 75 17 June-Dec Newspaper Union 6s 1959 I May 31, '57 457.1* j Manufacturing 98 103 73 June-Aug Feb-Aufir I960-. and lows for the 356.1* 5874 95 $80 AprfZ-Oct —April-Ocf 1970 with highs and 80 % FebrAug 1979 G California on the closing prices of the common 7, 1957, for composite and by, major industry June 7, '57 A-i— Composite 90% 30 $84 Feb-Aug Feb-Aug Southern . groups compared with the preceding week current year are as follows (1939=100): 130 86 Feb-Aug 1978 78.87 Jan 23 97% 89 54 109% 111(4 April-Ocf LJFeb-Au§ 1978 . 3 - 57% 60% $56 6s 1976 series D r, _— High 52 54 90% $88 — 3s, 1973_ 274s 14— 85.25 Feb 13 Range for 11)56 94.00 Aug ,, The SEC index of stock prices based Transportation Utility Trade, Finance Mining Range Sine® 121% 100 April-Oct Power 3 %8 3s 100 1970 Jan-July 1998—Jan-July 1981__May-Woy Sapphire Petroleums Ltd 5s conv deb '62—Jan-July Southern California Edison 3s 1965 Mar-Sepf 3(4s series A 1973Jan-July Public Safe $95 Jan-July Pennsylvania Water & Power 3(4s 1964 3 (4s liq tr ctfs April-Oct 1976 1961 — 12- stocks for the week ended June May Corp— Nippon Electric Power Co Ltd— 6 (4s due 1653 extended to 1963 Ohio Mar-,S'epf Jan-July Jan-July 1970 /.Italian Power Realization Trust 6(4 7o Valley RR 4% 1963 Averages SEG Index of Stock Prices : ♦New 52 Vo $52 May 1967 Midland 87.97 Range for 1957 1 r" 92.69 Jun 14 I)ow Lackawanna of N J Division— A 87,39 ; -, 92.06 RR— series »> Closing ;V' Jan Low No. 52 89% ■ Jan. 1 Sold $127% Boston June-Dec : Week's Range & Pump 4s Inc debs 1994 Appalachian Elec Power 3(4s 1970 Bethlehem Steel 6s Aug 1 1998-. 4s (35 Stocks) 10 June 79(4 Jan , 1574 Mar 20(4 Last Period A Amer Steel mortgage 87.21 88.14 ■ American Stock Exchange 1st 87.51- 87.50 ■ Jan .17% Friday Transit 86.86 87.53 89.78 87.30 474 Jan 1 10* Delaware Lack & Western 87.57 89.78 Fri. 8(4 Mar 4(4 Jan 1674 a BONDS Chicago 89.78 176.97 26(4 Mar 7(4 ,-374 21% —■• A 176.51 73.56 23% Jan 3(4 Apr 10(4 Mar £l series 174.86 73.76 Wed. June Jan 600 6% 274s MO May May r2 preference Wright Hargreaves Ltd Zapata Petroleum Corp 73.62 147.56 87.85 Thurs. June 13 Jan 100 5s Edison 3 1,700 > 40 Bonds 145.68 89.91 Tues. June 11 38.; Jan 374 — ; 144.23 Mon. 29(4 Jan f3% Jan 2(4 Apr 8,000 • 2 * common Total ities. 509.66 Datfr- 4774 May Fell 11(4 -100 W) Ltd™ ord Teg Rails 509.48 Feb 21% Amer dep rets V Util¬ Rails trials 175.43 v. (4 Jan 3(4 1 luui-j Stocks Over-the-Counter Industrial Stock Mar 68 Jail 35 300 50 21(4 —10 ities 10 Grade 73.54 7(4 Jan 11(4 Newspaper Machine——, Woolworth -(F \ 54 50 X25 174 25 Woodley • >:34% x35 1 Industries,. Inc roads 13974 May 1 - Woodall 91 : Va Feb 6,900 iff 58 44(4 25 common Second Grade Compiled by National Quotation Bureau, Inc./. J,0 9 Vo (John) Industries Ltd Wood — ._— 3(4 Jan 574 Mar 126(4 Jail Indus¬ Apr ,_5 pfd __ " 86(4 Jan X25 1 Wisconsin Pwr & Lfc 4'/a 7o Wood 10 1,100 ' preferred,.- . 2(4 Jan 174 May 6% 10 First 20(4 Apr 274 Jan 1974 Mar 500 200 65 10 10 ' l7'a common & Co Brothers 200 ■; 144 * • Util¬ Rail¬ Total 503.76 13— 89(4 58 1 Wichita River Oil Corp Wickes (The) Corp— Williams-McWilliams Industries Wilson June 130'A Feb V" 2% i/« 10c preferred conv Bonds- 15 145.01 t. 10 ; — i Internet Oil Co Stores 2(4 Apr 174 Jan 6(4 20 Weyenberg Shoe Mfg*. White 12 Jan 20 511.58 11 June 1(4 Feb 2 (a , 505.63 10 June 89(4 ~6% 1 June * pfd-. 7 Jan 40 20(4 2 June 3% Jan 1(4 , Averages ' 32(4 Jan 17 - trials Jan 104 : 30 : 2% Mar * 2% 2 1.23 Ltd Westmoreland Coal—, Westmoreland Inc 138 'i. 15% Feb 2574 Feb 35,800 . daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co.: V Date 474 Jan Apr 25,700 . ••••v " - the Indus¬ 674 Jan 96% Jun 4,800 1-74 20(4 -1 . Western Maryland Ry -7% 1st pfd__100 Western Stockholders Invest Ltd— White JEagle •: 150 16 (4 40 ' • Jan 500 274 1a x28% 4 160 29 2 1 Webb & Knapp Inc $6 series preference Western 2% 16 % 27(4 30 Inc 52(4 39 1 year's Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v" s; non-voting stock; ~"v t c," voting-trust certificates; "w i," when issued; "w w," with warrants; "x w," without warrants. 774 Jan 3(4 Jan 100 97% 1 53 49% 37 39 •■ g Ex-stock dividend, in year's range.) r Transaction for Ex-rights, z Ex-liquidating dividend. ■.v+y* - y.y m;, ■: being traded flat. >' !..-7. \ • ■; t/.-A +; ""'"-v; ••: $Friday'a bid and asked prices; no sales being transacted during the current week. §Reported in receivership. , \ .. y Jun 6 Jun 5 900 4 100 $2 cumulative preferred Waltham Watch 4 * Waitt & Bond Inc Wallace & Tieruan 4(4 ' 101% range), d Ex-interest, h Ex-principal, n Under-the-rule transaction cash (not included in year's range), x Ex- distribution, A Bonds : transaction "K': 374 73 99% 53 ..50 74 ...51% 39 -Stocks- • 54 ' — $72 ,_ included dividend. : Co 71% 54 ' ' w Aircraft 52 70(4 $160 of)— 474 Jan 5(4 Apr 11(4 Feb Manufacturing— Waco High 52 Jun 132 Apr 4(4 Jan 3,700 ~5% Low "$73%"— : • 6 Corp ,/$45 Jan. 1 No. 5874 Jun 115 1.700 Jan 83 Jan 587 b 3 3'b 130% 132 4% of Rio 20% May 2874 May Jan 2 A 3 :1— (issue Peru 5974 May 31% Mar v 46% (50% Range Since Sold High Germany— April-Ocf Mortgage Bank of Denmark 5s 1972 -June-Dec Parana stamped (Plan A) 2%s 2008—.,,-Mar-Sept -•9% May 274 Apr Feb x80 58% 2% Petroleum Silver-Lead Feb Bonds . 43% May 474 Jun Feb 48 - Van Norman Industries warrants- Vuicau 2% (City of) 1939 A7s 4374 May 3% Mar Jan joo . Corporation- Jun Friday's ' 13.300 4% Feb 15% 29% Jan 28 Feb 37 Feb 6% Jan 457a 1% Jan j 14 Jun Mar 4 " 58% 5 27% or Bid & Asked A Hanover 17'a Jan •14% 7a Jun 8,000 2 '2% 10% 800 8% / 4r;'a Week's Range Last Sale Price redeemed) _Feb-Aug (Prov) 6 (4s 1949 Feb-Aug ALima City (Peru) 6%8 stamped 1958 -Mar-Sept Maraahao stamped (Plan A) 2 (is 2008- _May-Woo Mortgage Bank of Bogota— . A 7s. (issue of May 1927) 1947— -May-Nov Jan 3274 May 8,800 4% 9 1 3 38% 4% __50C —25c preferred Steel Co Rights Venezuelan . 39% Period Low Hanover 7s A Apr Jan 1 42% 6,900 common Vanadium-Alloys 5 208 Apr 800 -— Insurance Valspar -Corp 40% 14% 3 Universal Marion Corp Universal Products Co common— Utah-Idaho Sugar Vogt • 33 ; common A 1% Mar 10% Mar , 150 39% >1 Corp Universal Consolidated Oil Vinco ■ 15 —10c American Universal 100 ' a 12% 33 1 Corp ' Jan 200 40% B Unitronics Corp_ Universal 12 10 1 Reclaiming Co United States Vitamin United .• 25 common Conditioning Corp_ U $4 ! :.l Interest American Stock Exchange High 1 1 •*- 25 Machinery common— Preferred United 'Specialties U 205% 205% 1% 1% 25 Sharing common— preferred- ' ' 14 BONDS 47 a Jun —100 JUNE Range Since Jan. 1 Low dep rets ord registered- —10s United N ENDED Friday Shares High - Amer WEEK for Week Low ; FOR Sales of Prices Sale Price " Ltd— Co Week's $92 $95 92 98 Stocks 98% 102% 101% Foreign Foreign (No. of Mon. Domestic Government Corporate Total Shares) 77 73 101% — — 104% 92 Exchange Daily, Weekly and Yearly 77 65% 100% Transactions at the American Stock 97 % Bonds 3onds Bonds Bonds June 10 - $4,000 $40,000 $5,000 $49,000 Tues. Friday American Stock Interest Last or Range Friday's Period 1951 Jan-July Bid & Asked Low ABaden (Germany) 7s Central Bk of German State & Prov Banks— A8s series A 1952 A 0s A series Danzig AGerman AS B Port Cons f secured Waterways Munic 6s 1947 7s 6 (4 1947 s 1952 High 3,000 53,000 June 13 35,000 8,000 43.000 June 14__ 1,140,065 — 39,000 Sold No. "3/660 $219,000 $38,000 _ 5,767,285 92,000 42,000 $279,000 $22,000 Range Since Week Ended June 14 Jan. 1 Low 1957 High Stocks—No. of Shares 1956 Jan. 1 to June 14 1956 1957 113,390,182 5,767,285 3,807,840 104,380,914 $219,000 $194,000 $5,436,000 6,840,000 38,000 51,000 967,000 4.029,000 22,000 13,000 836,000"" $279,000 $258,000 Bonds Feb-Aug $103 Jan-July 105 1133 April-Ocf 1951 & Bonds $176(4 190 Sale Price 6,000 10,000 — Total.. Week's Exchange 21,000 40.000 Fri. Foreign Governments and Municipalities 65,000 ~ June 12 Thurs. BONDS June 11 Wed. $24 Feb-Aug $166(4 June-Dec $147(a 110 . 134 Domestic 91 105 Foreign government 21% 24% — 126 111% 140 -II — 5 T 751,000 158 — Foreign corporate —1 Total - * $7,239,000 $11,420,000* The Commercial and Financial Chronicle 38 . . . Monday, June 17, 1957 (2834) OUT-OF-TOWN MARKETS Sales Range for Week of Prices Shares Last Sale Price Low Par Corp Motors American 7% Co Boston Albany Boston Edison RR— 49'/« lB 49% Pers Prop . 1—5 Inc Co Service 4% *!o pfd cum 6% 28% Feb 39% May Jun 81% Mar Jan 1% Apr May 63% Feb 52 Jan 57 -100 47% Mar Copper Corp Kennecott pfd New RR Co Co - United U 8 (N J) :: 17 Va Jan 137% Mar 4% Jun 5 Refining & Mining Co—50 12.50 Westlnghouse Electric Corp • Jan Jun Budd Company common — Die <fc Machine common- Buell Burroughs Chrysler Corp 10% Jan Jan 49 Vb May Feb Davidson Bros 20Va Jan D & 65% 27Va Jun Detroit 33% May Detroit 47% Ex-Cell-O Apr 45% Feb 39% Feb 49 Jan Fenestra 63 Va Jan Ford 64% Jun Fruehauf Jan 48% May Feb 52 V4 Jun Jan Motor Range Sale Price * 10 * Burger Manufacturing Carey Champ common Cincinnati Gas 4% Transit Eagle - Kroger .* Unlisted — —.—3 — - 58% 179 19% 15 43% 41% 43 3 a 9,960 38% Apr 3% Jan 7% 45% 64 77% 68% 65 20 137 44% 59% 64% 58 49% Apr 45 2% 500 Feb 18 31% 40 40% 46% Apr 41% 46% 73 67% 100 184 " 197% May 8% Mar Jun 28 Mar V 9% Jun 1% 1% 1% 2,300 1% Feb 1% Apr 26 5 K 26% 2.012 25% Jan 27% Apr 6% '6% 100 6% May TVs Jan 17% 17% 17% 1,310 14% Jan 17% Jun h'; 2% 2% 100 2% Feb 3 Jan 23 Apr —1 350 17% Feb 2% 760 2% Apr 3% 3% 460 28% 28 34 170 22 21% 22 1 2 la 1 . 3% Jan 6 May 54% May 5>/4 300 5% Jun 54% 971 42% Feb 9% 10 270 8% Jan _—7-—4_—_——_—5 4% 4% 4% 200 4 200 9% Jan 11% Apr 10% 29 520 26% Feb 31 Vb Apr 15% 15% 15% 1,852 10% Feb 15% Jun 18% 18% 189 17% Mar 20 Jan Apr 9 9 1 Tube class B 4% Jan 28% 10 ; 100 7 Feb 10 5% Jun 6 1 5% 5 Vb 5% 190 -1 * Wire Feb 11 Feb 29 -5 1 i , 10% 1 ————. Jan 29% May 5% Axle.. Jan 3% Apr 51% <fc 3% 25% 9% 1% 1% 1% 200 1% Mar 31% 100 31% Jan W 31% ic" Jan 1% May 33 May 68% 43% 35% 38% 35% 720 . 25 35% 37% 36% 36% — — 27% Jan 25 " 107 75 Feb 70% 38% Feb 35% Jun 38% 45 % 36% 36% 65 36% Feb 39% 19 46% Feb 6934 34% 34% 100 34% Jun 27% 45 24% Feb 28 9 28% Feb 33% Feb 52% Feb 22% 53 49% 38 % Feb * io — Reynolds 10 Regis —* Sears Roebuck 3 Socony Mobil 15 Co — Railway « Rand 50c Brands • Standard Oil (Indiana) Standard CXI (N J) 36% 38 32% 39 Feb Feb 58% Jun 58 __ „ — 55% 75 55 80 54% 34% 34% 15 32% May 41 % 27 27 % 229 26% Apr 29% 23% 20 48 Feb 61% Studebaker-Packard 64 21 Jan 24% Jun 45% Feb 41 100 22 % 23% 278 41% 50 41 37 Va Jan Sunray , 54% 56% 70 50% Mar 61% 66% 322 53% Feb 66% 62% 180 47% Feb 6% 6% 50 6% Jun Feb Steel 16% i Westlnghouse (F W) 12% Wool worth 10 — 21 % 8 29% 85 23% 13% 90 13% Jan 13% Apr 21% 91 18 Feb 21% Jun 72% Jan 54% Jun 42 125 57% Mar 52% Feb 41% Jun 63 % 41% 45% Jan 51% 51% 51% $3,987.50 50% May 58 Jan 66% 224 69% 10 ... footnotes see 1998 , page 46. ' 40 Feb 800 41 . 1,100 400 66% Feb 44 May 86% May % Jun 42 % 31% Feb 40 5% Jan 14% Jun Jan 170% Jan 179% Mar 900 70% Jun 78% 39 100 31% Feb 40% 18% 300 6% 4% Mar Feb "9 34 Jan 58 % 1,100 51'/a Feb 64% Jan 14 1.200 13% Feb I6V2 Jan 16% Feb 19% May 287a Mar 30% May 18% 19% 1.400 30% 100 22% 24 10 9% 4 Oil & Steel Fisheries Jun IOV2 Apr 14% Jan 21 % Jun 500 41 % Feb 57 Jyn 4 1,43(5 Va Jun l% Jan 6% 1,300 Jan 7 Jan 18% 100 21 54'4 54 % 55% % 3 6% 3 a (>•% 18% 1 13% 71 71 71 4 4 13 ' - lo 35% (Un) (Un)., -8 Corp 5 48% — 50 0 12% Apr 18% May 14% May 67 Feb 74 17% May 3 % Mar 1.200 35% 550 33% 61% 300 58% Mar 1 % 700 l%Mar 46 48% 3.700 41% 14 14% 2.050 14 35% 1 % PI Mar 4 % 60 5 Inc 100 13% * 50c (Un) Corp Corp Jan 9% 100 21 1.50 Gas 26% 100 1.600 9% 21 5 . Borg George W) Corp Borg-Warner Corp Brach & Sons (E J) Brad Foote Gear Corp 41% 42% 82 79 82 2% 20c 25% 98% ^ L - 20 800 17% 12% 12% 200 11 46% 46% 47% 900 33% 18% 18% 24 24 15 — Jan Jun 16 Jan Feb Feb Jan 19% . 50 500 Jan 43% Mar 12% Jnn May Feb 2 i9% 66 May | Jun 73 1 4% 36% 1% 500 2% 5 -12.50 Feb 100 . 5 — Brothers 41% * Works 800 1.900 29% 5 Budd Company Burlington Industries Inc__ Burroughs Corp (Un)— Butler 29 "a _io — Jun May 57% 30% 10 7 Jan 600 69%' lo Co Jun May 8% Mar 1,400 ■» Co Jan 1.400 15 13% 14 1 cum Consolidated Burton-Dixie -BONDS--— Transit 4%s 24 25% May 71 % 56% 10 — Washer Bethlehem Booth Apr Feb 70 Va 6% 5 , non Aviation Benguet 7% 67 5'o (Un)__ Manufacturing Co Bendix Jun 29% 13% 21% 29% 63% __ 70:% 5 (Un) 17% 21 Va 39 176% 25 (111) 16% May 36% May Jan 42 — (Un) Jun Jun 176% 177 % 14% (Un)___.5 Manufacturing Corp. Belden 62% Jun __ 7% 48% Feb 14% 32 Va Mar 800 l.lk.'O 500 39 100 Bastian-Blessing Co Bearings Inc Jun 60% 1 383a _ Jan 8% May 26 Topeka & Santa Fe— Eailey Selburn Jan 64% 5 San A common Baldwin-Lima-Hamilton 42% May 61 1 Edison Shoe Avco 23% May 20% Apr 66% 6-% Corn Co preferred Automatic Jun 54% 1 41% 7% 5 Co Corp Atlantic Refining Jan 7 10 823» - _7 Athey Products Corp Mar 25 (Ohio) 5% Jun 24% 41% „ Foundry- class Common Jan 61% 24 % 41 , — 10 Feb . 41% 12.50 ^ 5% Jan Mar 1,500 1-8% 23% 42 84 42% 22% 4134 22% Feb 61% __ 53% 48% I8V4 42 - 25 Tel Company & Atchison May 54% — „ 5 37% 18% 1 7—-10 Ashland Oil & Refining common $1.50 conv 2nd preferred—, Jun "102 — Armour Jan 48 12 700 2,100 Co Stand & & Co Steel Armco Jan 48 — 10% Mav 27,900 Corp__ Viscose Oil Amurex Anaconda Jun 20 Feb 5 American Jun 48'A 90 44% Tel 14% 15% 34V4 American Tobacco , May 40 115 Rad American 38% Mar 27% 51 Oil American 10% Mar ..',Vv.. : Motors 1,500 100 300 48'% —1 (Un)_ - American Jun * Co common American Machine & Jan 68'A 49% „ Can Cyanamid New 11% 10% 8% 14% 33% . Jun 38% 41% (U11) American 31% May 15% 34 Broadcasting American 37% 48% 10 Paramount Theatres (Un) Jan 68% . Airlines American 305 1,800 ■-* com new Manufacturing.— Feb 47V2 47% 32 —8 — Paper Corp Chalmers ^American -J- Jun Jun 20% 10 Allied • 1 Allied Laboratories Allis __ ; High Low 44% 31% 11 % 10% 8 47% 31% 50c (Un) i Range Since Jan. 1 High Low Jun Jan 35% — Alleghany Corp Apr 17 Mar 30% 33 Shares - :_1 Corp Akron Brass Manufacturing 44% May 14% Jan Sales for Week of Prices 10 Admiral Apr 52% Range 5 : Acme Steel Co 59 % Mar 68% 57% Mar Laboratories Abbott Jun 54% Week's Last ' Par Apr 34 102 16% 35% 39 % Feb 102 70% 41% 16% Feb 28% 80 60% 30% transactions only compilation of the round-lot ■ 202% May 177% Mar 52% For 24 200 Apr 6% Sale Price Apr Jun 5 55 ' 49% 67% Feb Mar 70 59% ' Feb 42% 33% Cincinnati 409 9% Friday Apr 20% ■ 15% 9% 4% 2% May 21% .3 STOCKS Feb 31% 52% S Feb Midwest Stock Exchange Jan Jun 33% U 17% 26 a4 — A Feb 16% 38 * 2% 29 — U 8 251 1 Spring & Young Jun 45 29% Mar 52% Toledo 21% 43% May 1 Wayne Screw common Jun 77 __ 5 68% 85 300 „ Oil Jan 25% —1 10 United Shirt Distributors 1—■ Apr 18 50 Standard 1% 54% Spring Standard Jan 30% 54% — 5 70 80% 29% 36% 16% 5 Central 3 60 Jun Feb Jan Feb 3^% .Tan 2 .' Jun 12 Standard 389 1,123 * Company Jan Pennsylvania RR Phillips Petroleum Sperry 4% 2% 21 21 Jun Ohio Edison Southern 4% 2% Jan 49% 34 43 —* 65% 5% Jan 2 Dairy Distillery Southern Apr Jan 19% May Feb 41% May 33% 60% —-1 — 16% 50 ___* — L) Montgomery Ward National Cash Register St 26 34 Mar 1 Jan 292 36% 1% — Republic Steel Feb 24 Co Feb 72% 51% Feb 66% — 3 58 77% 6% 195 —5 Monsanto Chemical Corp 25% 59 common & Jan 18 Jun Feb 49% — 1 — 2 „ 5 Electric 69% 71% 45% 67% 2.50 Dynamics 40 41 — 5 - 71% 17% 5 Lite General Motors Radio 450 Jun common.: 180% Mar 29 — 5 Motors Pure 40% May 86% May G6% Feb 30% 18 29'/a — 7 . . Department York Feb Jan >7 Rudy Manufacturing ; Dillon common Jan 52 Jan 44% 64 72% 68% 45 2 2% _1 Light Pont New 36% 18% ——2 % 1 — Scotten 39 % May 46% — 5 Wright National 13% Jun 36% Jan Davis Rockwell 16% Mar 16% 77% 10 Dow Chemical National 43% 338 ; 54% common Metals Chemical Pjjophet Jan 71% 69% 56% 19% —. ♦ Ohio — (Glen 28% 14% May — ——1" 1 Columbia Gas Martin Mar 170% Jan — _25 25 10 — Int Fone 25 7 48% 1 — - Greyhound Corp 27 170 Apr 431 40% 1,908 10 — Chemical Pfeiffer Brewing Jan 158 — 4—* Steel _ General 50% 15% Jan 441 i 1.194 1 1 Peninsular Metal Products Apr 84% 21 % 51% >5% 18% ————-7—;r._——14 Corporation 1—-7-—-—*0 Parke Apr 15% — 177% — __; Burlington Chesapeake & Ohio Chrysler Corp Cities Service. City Products . 56% 29% 83% 83% 5 t __ Ford Mar 27% Jan 44% Mar 176% 177% 15% May Jun 343 15% Preferred Park Jun 45% Jan 52 Jun 56% Products Co_—— Clemens Murray Jan 68 24 483 52 1 General 47 % ; 296 52 10 Auto 54 Mt 4% Mar 53% — —10 . Oil Federated 25 68 5% Mar 18% Chemical & Refineries Michigan 90 % Mar 28% 48% 14 39 Armco Electric 40'A Feb 13% 38% — Du 75 38% 50 & 41% 3% Feb 1.60% Breweries Screw Masco . Jun 4 Jan 27 — Anaconda Power Jan 24% 51% — Dayton 50% 26 75 282 36 18 20 Curtiss 87'A Jan 40 Feb 85 Va Feb Jan Jun 28% 47% ■; 48% "V— & Telegraph—100 Tobacco So Apr 95'A 88% 41% May Stocks Cyanamid & 30 68 08 — -50 Radiator Products 26% Jan 41% — — * Corn 526 409 1 Printing common Preferred I Columbus 27% 4 ———5 — S Clopay Jan 4 U Mfg 37% 4 Rapid Bethlehem 33% Feb 10 335 2 a Randall class B Avco 20 87 —* & Gamble-- Ashland 32% May 37% 42 1 — American May 22% Jan 42 86 * Gibson Art American Telephone 18 12 Va — Lunkenheimer American 21 30 80 88% — 10 American 20 18 % 30 — — 15 Jan 26% Mar 21 50 Picher Procter — 100 10 preferred Cincinnati Milling Machine Cincinnati Telephone Cincinnati — Jan Jan 54% Drug Leonard 7% 13 37% 18'% (S 8). Heater 7-4-—— Kysor Apr 26% 30 8.50 Electric com & 30% 26% May 152 18% 2914 37% — \ 27 Kinsel Jun Jun 56% Kresge Co High Low 21 21 8 Baldwin Range Since Jan. 1 High 20% 267/a 20 American Laundry Shares Low Par 8% •' 5 & Bearing; International for Week of Trices Last STOCKS Oil Apr 17% Mar Jan 6 —1 <— -—• Hoskins Manufacturing Sales Week's Friday , . Lakes Hoover Ball Jun 40% 2614 Goebel Brewing—— Great Jan b 6% 150 200 150 26 General Motors Corp Cincinnati Stock Exchange . 3% 26% Co___ Trailer 526'. 4.888 ——„,-10 — Jan 43% Corp Inc Feb 21% May ,5 ' 41% 3:% ' Gray 252 Apr . 41% Iron Foundry Steel- Corporation Detroit Jun 16% May 16%" 17 8% 8% 6Ta *"6% 15 : ?5 7 3% 5 2,065 8% 1 17% Feb - 80% 16% 5 -B0 3% Jan 64 7 1 —-— Jan 5,639 78% ——4— Jan 13% 47% —10 common Edison 26% Jtrri 9 34% Feb 73 ' Navigation common—. C 15% May 230 78 —25 Paper Continental Motors Feb 3% " — 25% . 47 — 3 Vis May Feb IOO; 47 40 V4 ' 3% High ' 22- y>;r 286' 3%.. 700 19.% 173 y : 19% '•3% " —————— Consolidated 23% 8% May 21% Mar : Corp ' 50 50 \ 9 "• — ' - mm' — — 64% 64% 64 3/4 Briggs Manufacturing common Brown-McLaren Mfg common —— Jan 22% Feb 44 mm— — ' 1) i 2% Mar* 125 15% 15% — 1 -—-—,—1 —: 3 Federal-Mogul-Bower Bearings ..—. 5 63 25 —— ———- Range Since Jia. 1 ;>;7; Low - 1,172 24%-24% 55 % May May 29% Mar ' — mm 45'A .• Co Rubber U 8 Smelt. Apr 17% ■ 300 — i—5 Co Co Mach Corp Shoe 12c 60% May 24% Mar —mm _• Drill Jan 36 ' 7 Co Fruit ■' ■ 1 Oil Co Twist United 13% May .Feb 20 300 Stop & Shop Inc Union Baldwin Rubber common 42% Feb 30 21% Association Stone 4s Webster Inc Torrington American Jan 132 Shawmut Standard Jun 16 Chemical Products Metal 37 131 V 3" 2%' v Week Shales High Low . . Electric common,—— Allen Apr 3 Mathieson Rexall Drug . Sales % A Range of Prices Kale I'riee Mar 6c 425 iota England Electric System England (Tel & Tel Co Pennsylvania Apr 12 ,200 Norbute Corp Olln 15% Last STOCKS Jan % Jun Exchange Week's ; Jan 116 —— Narragansett Racing Assn. National Service Companies New 52 Vb 32% *» — Central RR Co 5% Friday Jun 128% 14 Lone Star Cement Corp— Maine 46% Mar 102 Va — Boston Theatres Loew's 70Vb Jun 42%. Feb Feb .50 Co common Feb Detroit Stock 59% Mar 52% 137 107 70 Vh —1 Jan 40% 6914 69%. „5 Co Coal PONTIAC KALAMAZOO JACKSON '% ANN ARBOR Jan 70c Gillette Co. Island Creek 42% 54 Electric General 14% WOodward 2-5525 Telephone: 70 Vb May Jun 75 Co Motor Jan Apr Mar -100 First Nat'l Stores Inc Ford 'DETROIT Jun —10 , pfd class B cum Jan 58 Co common— -100 Eastern Mass St Ry Stock Exchange Ford Building Jan 19% 42% 31 .« Copper Range Co Eastern Gas & Fuel Assoc— 54 Feb 12 — __10 — Feb Jun 15% 37 —— Calumet & Hecla Cities 136% Stock Exchange Detroit Stock Exchange Jan ,' Mar 48 Va _100 u Boston Jun 73 Vb Jan 57% 49% 179% Jan 133 —25 — Boston & Maine RR common New i York Stock Excban ge Feb 170% _100 — Apr American Midwest 39 Vb 31V4 May —50 Anaconda 8% Mar Jan 5% 550 176% 177 Va 177 % High Members 28 • _100 WATLING, LERCHEN & CO. Range Since Jan. 1 Low " —25 Sugar Refining new American Tel & Tel American & High 7% 7% —5 14 JUNE ENDED Exchange Week's Friday STOCKS WEEK FOR RANGE Boston Stock Feb Mar Feb 29% May 45% 62 2% Jan Jun Feb 21% May UV4 Jan 47% May 18% Mar '21 % Jan 24 28% Jan Apr v 1 Volume Number 5647 185 . . The Commercial and Financial Chronicle . (2835) 39 OUT-OF-TOWN MARKETS ~ RANGE ' ■'.•V •'• v •' '/ . • Week's STOCKS Last Sale Frlce Calif East Caiumet Aviation--— Hecia & — lnc Canadian Pacific Low —10c — 2% » - > 4% • 10 Central Central Illinois Light Central Illinois Public Certain-teed Co— / Service '■//: 36 5 Feb 63% Jan Motorola 14% Feb 17% Jan Mount Vernon 1% 500 52% ; 9% 31 57 r Jun Feb 31 Mar 62 9% 56 (Un)——1—25 64 » 19 Vb Cihcago Rock Isl & Pacific Ry Co__—* Chicago So- Shore & So Bend RR__12.50 10% Chesapeake & Ohio Ry Chic Milw St Paul & Pac common— Cities Corp 1— Co Cleveland Cliff's Iron 4 V2 (/o preferred __ .Cleveland. Electric Coleman; Co lnc— Colorado Fuel 1 Power Continental Controls Crane Co_ Motors Jan 1,200 6% 64 y2 45% 48'A 1,400 12 % 9% 51 Feb 43% May 20% Jan 153« 16 1,150 28 % 29 300 17%' 18 39% 40% 30 15% 2,700 1,500 M^iy 30 % Feb 18% Jan 47% .—__—5 13% 47 % 300 17% 18% 1,500 8% 9 Ohio Edison Apr Ohio Oil Jun 49% Jan Olin-Mathieson Jan 20% Jan 9 Jun Pacific Feb 14 Apr Pan American World 36% Apr Paramount Pictures 10% Jan Parker Feb 8% May 39 % Feb & Detroit Dixie Co Edison Cup Co' 700 27% Feb 41% 41% 200 37% Jan 41 % May 66% 66% 100 66% Jun 69 May 24% 24% 25 67% 64% 67% 600 ——1 18% 18% 18% 100 197% 197% 100 — (Un)-.i'' Nemours (E Ir de 5 1,200 21 17% Eastman Kodak Co ; (Uni Falstaff Brewing Mills Flour Foremost Corp lnc— —'——JO DeLuxe Beer Sales LldJitL-1.25' —-—.11 Fruehauf Trailer " J' \' '■/'/■/ 'I;. 17»". Corp General Candy Corp___i 'r 2%.* ."U—_______2 Electric Co Gillette « Utilities.! Tire __1 Rubber 5 ; Apr Apr Apr 24 % Jan 15% 8% Apr 10% May Jan 12% 3 Jun 14% Jan 55% Jan 68% Apr 70% 900 38 % Feb Feb 41 1,300 40% Jun 46%>Mar 100 34% Feb 36% May 10% 84% 35% 100 73% 16% Jan 17% Jan 46% Jun 57% Jan 29 % Jun 33% Feb 16% 48'% 28 29% 250 23% 33% 200 29% Jan 2% 2% 5,900 1% Jan 14 V2 Jan 16 - ' - 147% 9% 16 V 1,000 h 9% 153 - 147% 148% 600 37% 38% 200 14% ——____1 87% Jan 33% / 15% 1,050 - (G) Brewing Co— Feb 10 151% May Feb 38 % May Jan 34 Jun *•14% 1 14% 17% Jan Jan ~ Werner Heller Corp (Walter Houdaille Howard & Co 21 —3 1 lnc 17% r_l — lnc—' Industries Industries Hupp Corporation Huttig Sash & Door 12% 3 ——- E> .Potter common 200 Jan 11 % Mar 13 100 163/b Feb 18% 200 16% Feb 22% May 2% 2% 2% 4,500 5% 1 1 —-10 ... 12% 17% 21% 5% 5% 1,900 1 4 a 1 Jan 2% Mar Jan 6 ""h Illinois Central 4%.% RR * Michigan Electric preferred cum Inland Steel Interlake Mineral International Nickel 1,150 65% 17% 17% 18% 1,700 16 % May 52% 52% 100 40% 42% 700 36 44% Jan 26% 27% 450 36% Jan 28 Apr 54 56% 2,300 42% Feb 56% Jun 50% 51 300 48% Feb 143/4 15 700 14% Jun 353/4 7.60 —_ 5 Corp— (Un) 1 28 % Jan 36% Jun 14% May 14% Mar 16% Jun 50 17 Jan 5 10% 103/4 11% 2,500 10 Mar 12 V# Jan 6% 100 P®. Mar 7% Feb 9% 9% 700 9% 21% 20% 21% 2,800 (new)—25 46 45% 40% 800 33%c & Coke 22 •Pure Oil Co of Indiana ■ (Un) Oats Chemical-.,—5 Quaker Radio Corp of America (Un) Raytheon Manufacturing Co Republic Steel Corp (Un) Revlon lnc Rexall Drug (Un) 363/4 43 300 51% 16 300 14% Mar 49% 51% 1,900 7% 40 36% 38'% 700 48 37% 1,000 43% 24% May Feb 58% ... Jun 63 . Feb Jan 18% Apr Feb 52% Ian 6% May 36% Jun 7% Jun 38 39% May Reynolds (R J) Richman Bros Raisin River Rockwell Feb 48 Jun 28% Axle (W A) May 69% Jan 273/4 23 28 % 2,800 22% Mar 28 Vb Jun 100 8% May 54% Jun 10% Jan 58 % May 26 y# Jun , 9 9 31% 54% 54% 55% 25% 25 % 25% 650 24% Jan 10% 10 300 10% Feb 1,000 % 28% 28% 29' 11% 343/4 11% 11% 33% 34% 23% 23 233% 1 21 21 3 - 26% 2G3/4 11% • -1 B •26% Feb 2,500 11% 12% Feb Apr Feb 21% 150 21 Jun 25% Mar 27% 8,500 26% Feb 29% 11% 700 11% Jim 1 11% 11% 90% 913/4 50d 65% 66% 1,100 55 2,100 47% Co Southern Pacific 100 Co 59% 62 3/a 31% 30% 31% 400 24% 24 24 3/4 1,000 • 443/4 42% 44% 15 Works (Un) (Un) Southwest Mfg Co Southwestern Public 61% 5 5 Lathe Southern 1 Service 6 5% 32 1 Sperry Rand Corp (Un) lnc common 47% Jan „ - 23% Jun Jan : 1,700 11% May 75% Feb 28 20% 42% Feb Feb Ma# Jan Feb 11% May 11% May 92% May 67% Jun 62% Jun 33 Jan 24% May 46% Jan 6 1,200 4% Apr 6y# May 32 100 26% Jan 33% May 24% May Standard Oil of Oil of Indiana Standard Oil Standard Oil Co (Ohio) Jun 12% Apr 28% Jan 34% Jun 41% 41% 100 37% Jan 41% May 55% 23% 21% 57 2,600 43% 55 55 56 2,100 50% Mar 62 Jan 66% 64 67% 5,500 53% 67% Jun 48% Feb 16% 16% 100 15% Jan 17 y# Jan 5 373/8 37% 373A 300 32 Feb 41% 1 17 16% 17% 900 14% Feb 18 Apr May 6% 54 54 26% 3,700 • 7 700 70 Mar 99 Jan Sunray Mid Continent Oil Co 750 32 Vb Feb 38% Jan Swift 33% Jun 38% Sylvania 56% 59% 10 Equipment 1 Corp Container 10% 300 25 (Un) Railway Feb 400 34% » California Standard Stewart-Warner 20% 10% 333/4 50o (Un) (N J) 2,600 10% 5 lnc 23% —2 Co Standard Brands & Apr 19 5 D Jan 31% 32% 7.50 Corp_ Socony Mobil OH (Un) Spiegel Square 11 Va 900 - Co Bend v 1 Jun 3,000 500 Oil Oil 2,300 Jan May 22 48% Feb 1,400 Pen— Sundstrand Machine Tool- Jan 40 16% Mar 1,400 1.40 A Sinclair South Jan 800 57% -.5 (Un) Corp Roebuck & Co Class 38% 21% 12 Paper Co Schwitzer Shell 363/4 55% 5 Louis Public Service class A Sears May 19% • Industries 37 y# 37% 5 & 33% Jan 57% Tobacco cl B (Un)__10 Co Paper Spring 300 21% 2.50 Sunbeam 26 18% Jan 1,200 57% 1 j Jan 800 1,200 583/4 • Jun 30 Apr 5 23% 29 Jan 49 10 90 — • 5 Apr — 22% 7 Co Jun * 22 47 50% l 19% • 22 y« 45% Apr- 363/4 (The) Service Co 90 35% 13% Jan Feb 16 5 50 87% . 553/a 3 , Stone 33% 10 Jun 56 1 12.50 Jan 86 Jan 400 63 X36% x37% i Jun 300 Jun 87 % r 18% 16% 52 -34 4 51 . 15 % 500 ; 52% May , Feb1 36% 53% X37 % Jan 20% Jan 15% 52 * 48% Feb Jun 16% 22% Jan 400 17% 77% 15% Feb 90 ' Jun • 20 21% 143/4 1 2 25% May 20% 55% 25 100 90 ' _1 550 21% * & 16% Jan 67% 20% * —— Harvester International 2,700 66 % Airways (Un) Corp Studebaker-Packard 1 Co 173A — 52. * —1 Co Steamship 17% .10 26% 100 Products Co— International 49% May (Un) Light May Co— —— Indiana Steel 18% Co Standard Indiana. & Jan Feb Jan 26% 7 :' Jun 17% 20% ' -——10 Jan Jan 18 Mar 39 % 20% - Illinois Brick Co 16 500 Co Public 2% May ,16% May 93^ Jun 108 17% Jan 41% 13,900 filler (Charles) & Co (Un) Phelps Dodge Corp (Un) VPhilco Corn (Un) Phillips Petroleum Co Jan 250 600 87% 16% 1 13 Apr Feb , * Hcin •Pepsi-Cola Class 10 500 . 17% 35% 38% , 6% Gas Sheaffer • 10% 17% 50 Peoples Schenley Feb ' Mar 200 Jun 12% Jan 33% May 'Pennsylvania RR St Regis 39% ■ 28 1,200 - St 1,200 * 1,000 35 Jah 138 Feb 321/4 33% 10 39% May 500 43% ■i 38 29'/a rPenn-Texas Corp common t" 45% May 39 % 34% Mar Mar 18% Electric & Pen 45% May 43% May 43% 40% •' 16% Heilman Gas Jun ' ; 46% —25 :il 126 1,500 II,500 ""vV 3 (Un) . 9% 12% 60% 2% Jun 42% z.* * Co Organ 18% Jan . \—1 Dock_— 7,400 9 Feb v6% . Jun 40% ■ —12.50 Greyhound Corp Hammond 18% 300 2% Corp '• 45% 87 % ———• 1 Oil Feb Jun 4'Jan 52% *10% Great Lakes Oil & Chemical Griesedieck 400 2% 35% /li-5 Co- Co Granite Gulf 18% 16% -12% v 950 4,200 Jun 8% 59% Mar 41%. 40% —-!_8 —— & H) 1,000 16% Apr 5% May :! Jun 53 • 2,500 ——10 Brothers (W 15% 100 38% 42% - City Steel Co Gray Drug Stores Great Lakes Dredge & Jan 70% 43,% 1 Goodyear 6% 68 __5 Co- (Uni Gossard 5% Mar 45% " —10 Corp (The) Co_ Goldblatt Jun 59% 6(1% 69% 5 : Corp —_——* Motors CoiT-^U-^—166% Glidderv 104% 12% --12%- Foods Public Feb " 9% Dynamics Corp—1 Generak Telephone 84% 6% 2% _A——5 Contract General / General General Jan 13 % ,18% 1 General General 12*4 6% 51% 1,000 V 17^11 17 May Apr 100 6 56 % Feb 100 1,000 48% ■ Genera* Box General i 12% W 6 •> May 203 36 300 ; 16'/a 5% 54% 19 Feb '• - 100 6% 16% 2 Auto_ Drive ' Fox 6% 56% ——--—---5 Dairies Four-Wheel ~6V+ -5 - 100% 10: 34-% Jun 700 104% 104% Inc_———5 CO: 38%' 37% ——1 .— America of Motor 38-%!. 10 ; Emerson-Radio & Phonograph (Un) Ford * 1 ■ Jan 67% Feb 178 i Eastern Air Lines Lnc 28 May 56% Mar 40% 33% Warrants 32 % May 5 : Drewrys Ltd USA Ine Pont 30% 5 Dodge Manufacturing Corp Du 29% —;—.v——_—iu* Dow Chemical Co— - 41% —20 i (Un Co •' 29% _—__—10 common 300 Jim Apr 48% 'Patterson-Sargent Co Peabody Coal Co common 46 % May 1 Deere 35% May 18 Co class B 21% 300 I,400 100 28 ■ 6% 11 % 8% 39% Jan Feb Apr 1,600 3,400 42% 24% Jun 9% 18% Chemical 9 8% 800 13% 43 313/a 12 31 40% Feb 10 (Un) 14' * Cudahy: Packing "Co —„———.5 Curtiss-Wright Corp (Un)_ -1 Jun 30% -- Co 30% 200 Jun 6% 200 .-6 Oklahoma Natural Gas 13% 25 13% 2,800 41 42 % Mar 31 % 17% 122 6% Feb 17% Mar 45 mi Jan 3% May Is Manufacturing CO Co Jan 33% (Un); „ xl5% 15% - 5% 10% Apr 2% (Un) Jun Jan 26' 700 9% Co Ry Northwest Bancorporation Oak 47% May 5% Jan 3% Mar 50 400 27% 6% 45% Mar 1 Power Co— Mar 39% , 15% Xl5% (Minnesota) 1,600 3% 129% 130aA • Gas Pacific States 4% 10 Zi (Un) Corp Corp Illinois Feb Feb 3% Jun .10 Aviation Car Northern May 16% ' Jun 28 Va < 6,200 28% American Northern 36% 1,200 39% • American • 500 Jun 4 a-'—' ' • -1 RR North Jan 89% Feb . Manufacturing North Northern Feb Jun 37 47 % 3% 27 & 83 41% 47 27% New Illinois Jan -5 National Northern Jan 40 43 Feb 70% May 37% 35% 200 43 Jan 41% 41 39%* 28%' Apr 63A ,_1 58 % Mar 30% Feb 2,200 43 -5 Central Apr 3,200 42% 133/4 10 Co Tile 18% 38% _1 (Un) 1 High Jun 36% 3% -1 (Un) 15 36% 10 lnc Low 400 35 2.50 Cylinder Gas York 15 Range Since Jan. High 4 National Gypsum Co 100 40% .16 Jun 80% 4 National Lead 200 .1; 84 83 ; — Jan May 3734 - Jan 100 69% 20 Vb Jan 2,600 18% Corp Jun 10 9% .5 .1 America 34% 900 78% _* . 300 ' : i Feb 68% —* of America Co of Co 9% Feb 16% 68% Consolidated Cement Corp.————1 Consolidated Foods Corp __I.33% Container Corp 10% 60 48%;.;. 8 —— 35 % 10% 100 1,800.. 73 Columbia-Gas System (Un)————-* Commonwealth Edison common —25 Consumers 34% ——100 ——15 Iron & u 9% __1 . Ilium 19 V 68% _——.10 common i 78 25 Service 64 18% s 4—i—„—1 Christiana- Gil Corp Chrysler : 47% 50c Corp ; Industries National Shares 423% pfd_5 Company Napco for Week 5 National Distillers & Chem 64 conv Nachman May Apr 36% 3 (The) Co 50c Muter Feb 31% May 11% Jan -' 38 • 5 convertible preferred Sale# Range 15 2 Muskegon Piston Ring : Week's of Price# Low * lnc 56 Jun 25% 50 50c Apr 42% May 29% Mar 100 57 2 % Jan 52% ' 800 9 % 30% Feb 34% 100 500 " 25 Jan* May 55% 30% 1 preferred Feb 3% Mar Manufacturing Co Monsanto Chemical (Un) Montgomery Ward & Co Morris (Philip) & Co (Un) 300 42% 52% Refin Co common $3 convertible Apr 30% Modine . 600 30 ■ 11% 3% May 14% Jan 1,900 2% 41% 1 30 16 2% ' Products Champlin Oil ' Par Jun 11,800 57% 15% . 42% • 4% 57% v/ 2% I—10 • Last High 2% 100 T " 15% Corp of America (Un). Brewing. Corp ;. —50c & South West Corp_— 5 - " ' Sale Price 400 36 4 57% « Celanese Centlivre 14 Friday 600 12% 36 16%c JUNE iJan.1 Range ! Low 2% 12 25 — ENDED STOCKS Shares High 2*4 5 (Un Canadian. Prospect Ltd—— Carrier Corp common WEEK for Week •f Prices Par FOR Sales Range Friday Corp 6% 1 Corp 1 61% 6% 800 250 100 Feb Feb 57% Jun 61 Vb Jun Apr 8% Jan 48 Jan 56 y» Jun 24% Jan 28 V* Jun 1 26% 283/4 281/4 27% 29% Feb 29 V# Jun 25 33% 32% 33V2 3,200 32% Jun 42 y# Jan (Un)—7.50 42 3/a 42% 42 % 1,500 40 Feb 44% Apr 25 74% 74V2 74% 500 55 Feb 76 Jun 47 47 200 32% Feb 27% 800 24 % Feb 49% May 29% May 6 Company Electric Products 1,900 22% 30% May Feb ' Co International Packers International Paper International Tel • Tel & Laughlin 103 (Unj_—: 100% 100 11% 9V4 May 1,200 934 106 114% Feb 94V4 Mar 393i 100 39 Jan 40% 361 900 295a Feb 37 13% 57% B 13% 1,100 Chemical & * Texas Gulf Thor Power Feb Toledo 60% Feb Kansas Kansas Power Kennecott & Light Copper _ Knapp Monarch * 115% (Uni— 5 .; — Co Kropp Forge Co 3% 1 - 33 %c — — „ 5 Jun 700 42 % Feb 49% 38% 1,100 35% Feb 41 Mi 1 1»A 1 Va 1% 1,700 1% Jan Apr 1% Jan 1 33 VB 33% 500 26% Jan 33 y2 May 29% 29% 900 22% Feb 30 Jun • 63% 63 % 63% 110 62% Jan 64 Apr * 121% 121% 500 101% Carbide & 600 103'A Feb 128% Jan Union Electric (Un) 600 41% Jan 49 % Jun Union Oil of Calif .25 % 800 49% 3% 3% 300 3»/b 3% 3% 400 3% ---■ Mar Continental Corp (Un) Film (Un) Century-Fox So La Salle St Carbon Corp United Air Lines lnc Corp Corporation 14% 14% 14% 200 14% Jan 15% Jan 24% 24% 25 550 24% Jun 25% Jan _——* 44% 44% 44% 44 Jan 45% Mar U Libby McNeil & Libby 7 Liggett & Myers Tobacco (Uni;.———25 10% 10 Vb 10% 3,600 10% Jun 13% Jan U S Steel 63% 633+ 100 63a4 Jun 68% Apr 5 (Uni 121 y» Jun 28 28 300 26% Jan 29% Mar 59% 62 900 52% Feb 64 71 71 71 100 71 Jun 88 y# Jan 27 27% 300 27 Jun 42 Jan 7% 500 Jan 7% Apr 64% Jun 10 (Del* Feb Apr 7% 1 6% Jun Feb ,22% (Un) 121 600 60% 10 4% May United - 25 United Aircraft 1 Corp 4% May Apr Feb 13% Mar 13 491/8 37% Union 3734 13 % 47% 26 400 13 % 49 -1 Jan 38 Vb 13% 37% Co 23'A Feb 45% Mar 263/4 26% 2 Edison Company ' Kimberly-Clark Corp • Transamerlca Corp (Un) Trav-ler Radio Corp— Trane Jun 38'/a 47®4 25% 3.33% Co Trl 300 113% 115% - 8.75 (Un)^; Corp • Tool 208 3,600 "25% ? City Power & Light— Producing Jan 57% 43% 37% 33%c (The)_ Feb 20th Kaiser Alum Co 46% May 39% Apr 54% 41 10 Texas May 14% 13% Jan Apr Jan 107 35 VB 35% 3.50 Steel 100 39% . _.——• iUn> 9% .9% 106 7.50 Interstate Power Co Jones 15 : ___ Co & 112% 112% - Ltd (Un) Shoe International (Uni Laclede Gas Co $2.50 4 common— Loath & Co common —— —* preferred —— Lincoln 1__ 1 1—• Printing Co common Lindsay Chemical Co common 16 1 United States United S • 22% Martin Field (The) & & Merritt Meyer Co 21% >77 22% 900 80% 3,750 18 y2 Mar 55% Feb Van Dorn Mickelberrv's Middle — — Portland r 300 31% Jan 35% Mar Webcor 3334 200 31% Jan 37 Western 35 V4 36% May lnc Telegraph 600 35% Jun 46% Jan 52 150 51% Jan 57% Jan Westinghouse Electric Corp Whirlpool-Seeger Corp 36 % 200 30% Feb 36% Apr Wieboldt 19% 21% 60O 19% Feb 21% May 20% 100 19 12.50 Cement- -r>r»tnotep see Mar Jan ——1 11% 11% 100 10% —10 37% 37% 500 31% Jan 7% 7 Vb 200 page 46. • 6% Jan 54 83 % 8534 400 58% Feb 36% 85% 10 12.50 Apr Jan 69 3,200 67% Mar 73% Jan 12% 12% 12% 200 12 Jan 16 Mar 29% 29% 29% 200 29% Apr 30 Jan 9% 2,000 BY# 2% 19% 19 19% 1,300 Apr Apr 11% Apr 20% Jan 12% 643% 3,200 Feb 65 36% 300 83% 54 1,300 Apr common Feb Wisconsin Bankshares Corp Wisconsin Electric Power (Un) Jan Wisconsin 38 Jun Woolworth Public (F W) 18 52% Jun 62 65 5 24% 24% 300 23% May 26% Feb • 14% 14% 100 12% 14% Jun * -*._10 Service 10 22 22% 400 22 May 23% Jan 33% May 42% 31% 31% 100 30% Feb 22 Vb 31% 10 Co 22 Feb 22 % 1,100 21 % lan 41% 43 % 1,100 41% 106% 108% 200 102% 110% 110% 100 Feb 118% May 23 "lan Jun 45 Jan Feb 121 Jan Ian 85% Jun 66 Feb p 53% lnc 12% Jan 49 Stores 21 7% 9% 1 Union 51 Va - 17 48% 66 68% 63% • Works 35% Co _ v 32% 1 Products Utilities Brewing Minnesota Mining & Mfg (Un) Mississippi River Fuel Missouri 32% 33 V2 Co Food South Minneapolis Feb 40 % Mar 60% 10 Iron Co 20 Chapman & Scott (Un) 14% 16% 15 — Apr 100 200 63"% 80% May 32% _1 Cement (Un) Blanke Corp 16%c 1 Co Medusa Portland Merck 4 Co 51% 15% 46 % * 78% 33% Marquette Cement Mfg (Un) ' Walgreen Marshall 400 15% 46 4 Industries Co 1 5 Gypsum States Rubber Youngstown Sheet & Tube 1083A h Zenith Radio Corp * 93 ; Commercial and Financial Chronicle The . . . Monday, June 17, 1957 OUT-OF-TOWN MARKETS WEEK FOR RANGE ENDED JUNE H Week's Sales Range for Week of Prices Shares Friday Last stocks Exchange Pacific Goasi Slock Last STOCKS Sale l'rice Laboratories Abbott Corp <Un » 47 47 375 37% 12 815 10% Mar 14% Jan Jun Jun 1.40 1.60 Feb 1.60 58% 58(2 420 47% Fen 58% 3 3 % 600 2% Feb 8?;; 83b 8% 1,115 5% Feb 6 3a 63« 6% 300 4 Feb 88 92 476 33% 23% 34% 1,084 32% Mar 48 % (Un)—k—18 10 Aluminium Ltd new w i . .* Amerada Petroleum (Unt ———* American Airlines Inc com (Un)_ 1 American Bosch Arma Corp (Un)——1. American Bdcst-Para Theatres (Un)—1 Allis-Chalmers Mfg Co (Un>— 45% 48% 921 44 7 » May New i w common American Motors 421 40% Feb 373 66% Feb 87 84% 42(4 230 42 Jun 42% 16 17% 4,080 Feb Jun 1% 7(4 575 54(2 100 14? it 14% 15 994 14% Jun 63(4 912 507b Feb 63% Jun 61 (2 170% Jan 179% Mar 54 (4 176(2 71% 772 71 Jun 77% 31 Feb 40% Jun 69% 1,283 40 405 (Un) (Un) Jan Jan Great Northern Ry 23% 23% 24 % 1,986 22Tb Mar 54 54 55:% 555 9% 10 2,441 4% 4% 400 6% 6% 1,474 (Un) Benguet Cons Inc Apr 41 39% 36 Apr 57% Mar 172 61(4 61 604 1% Mar 700 1% Apr 48 48 120 403a 45% 49% 682 41% pfd Cement Co Homestake Jan 47 Jun —1% 43% 41% 43% 9.522 38% ADr 43 Ta May 17% : 18% 1,900 15% Jan 18% Jan Howe Jun Hupp Corp 4% 9.861 2.90 Feb 16(4 229 15% Feb 4% 18% Jun 46 1.798 44% Jun 7% 13,895 '3% Jan 8% 60 34 a61% 123 52 Feb 42 481 38% Feb 19% Feb 25 779 20 20 230 8(n 8% 300 25 25 60% May 45 % Jan 25% Jun 21% May Jun 8% May 8 14% 14% 14% 160 16% Jan 12 >4 12(8 12(4 397 11 % Mar 14% Jan 46% 46% 46 To 397 34% Feb 47% To % 140 % May 30(4 31(4 379 30% Jun 20 20(4 200 19% Jun 23 38 Feb 43% May 41(4 41 % 5 2,117 42(4 Jun 13% 43 60% Jan 26% Apr Oil Jan 16% May 1% 15% 15% 640 —1 8 818 400 Oil Co———2c Canadian Pacific Railway (Um_ 25 Carrier Corp <Un t -——10 Case (J I) & Co (Un)— 12.50 Caterpillar Tractor Co common——10 Celanese Corp of America——-u—• Certain-teed Products Corp —— 1 Champlin Oil & Refining 1 Chance Vought Aircraft (Un) 1 9% 10 5.102 36 36 515 30% Feb P'eb 63% 3% Feb Jan 39% May 36% May 1,655 29% 36 37% . a35 a35% 35% May 135 22c 44,149 21c 3 6c Feb 25c 67% Feb 16% May 2% Apr 76 a79% 255 1% 1,702 1 ;& Jun 2% 2% 6,000 42 % 43% l(V Ale (Un)— Canada Dry Ginger Petroleum Southern Canada Canadian Atlantic Jan 5 vV Jan 6 ft Feb 58(4 3,10 o 17% 886 14% Mar 95%. 95% 556 86(4 58 (4 161 16 16 210 Feb Feb 15 818 Jun 1034 Jun 1% 41?/ Jan 2% Jun 583 Feb •44% Jan 16 522 14% Jan 16% 1 24% 24 % 480 Jun 34% 146(4 149% 603 24?% 108% 58% May Feb 23 23 253 22% May 24% 12% 3,731 11% Jan 13% 40 40 40 250 35% Jan 43 May 40 40 40 260 28% Mar 40 Jun 21 % 21% 230 20% Apr 22% Jan 24% 25 1,895 17% Feb 80c 80c 1,100 71c Jan 2.55 2.55 203 21 21 263 12% . 2.55 12% Jan 333 34 64 583 59% 10% 10% 226 10 5% 5% 300 45c 49c 7,175 22c 158 833i Apr 87% May ... 33% Jun 110(4 112% 106 103% 106% 11% —33 %c k:- 36% 11% 37c ' __ 103% Mar 112% Jun 107% Jan / 37% May i 95 Mar 29% Feb 48% 48% 10 57% 54% 50 57% Corp com—33%c 43% 43% 44% 1,294 15% 15% 15% 2.047 12% Feb 17% May 4 8.75 * —2% 23% Jan 25% Apr j Feb 121% Jan ; 47 % May - 5 Corp Kaiser Industries Jan Jun 17% 98 % May 17% Jan Jan 9% 145 9% Jun 11% 30% 30 30% 315 26% Feb 31 40% 145 40% Jun 49% Jail 1 4% 40(4 4 If! 4% 40() 2% Jan 4% 64% 63% 64% 693 59% Feb 68% 19 (a 18% 19(4 718 16% Feb 19% May 35% 35% 35% 190 35% County Land Co-—: Kern Inc Lear (Un >_ Copper 25% 405 46 46 74 i 7% 7% 391 (Un > Corp ; Co Co Ltd Charter Oil Clary Co Colorado Fuel & Iron 3,695 259 644 Jan 37% Jan 65 Jan 81 Apr 59% Feb 70% Jun 4% Feb 4% 4(2 39 3 u 3912 40 1,948 31 Jan 29 (0 29% 592 27 Feb Jan 40 29 !u —3% * — 78% 69% Jun May 4% 32% 4%* 1 Corp Clorox Chemical 73 34 693o 7712 10 (Un) Cities Service Co 9 to 9% May Jan Navigation Mfg Menasco 33% 420 29% Jan 353 Jun Merck 32 3 0 33 525 31 Jan 35 Apr : — 17% 17% 5,077 Feb 17% Jan 16% . 16% 115 15% May 19% 39% 41% Mar Consolidated Edison of N Y Continental Can Co 3912 42 7 43 49 Motors Oil Oil common Corp 500 Feb 8% 248 55% Mar 68(4 Jun 31 213 28''a 31% 4% 4% 5% 2,605 4% 5% Apr Jan 55 52 55 3,545 49% Apr 56% Jan 92 Jan 99 % Feb 29% Mar 37% Jun 92 92 30 35% 37% 1,650 50c 4 Co' 4% Rio Class (Unt (Un;_I RR 1 Dominguez Oil Fields Co (Un 15G 8 May 11 Jan 656 8 Jan 13 Apr 41% 42% deNemours & Jan Air Eastman El Paso Class B Co 32% May 44% 190 39% Jan 44% Apr 5%% 20% 962 18% 22 Apr Northern 14% 173 13% 47% 19 340 46 May 15 Apr 19 1,605 19 441 38% Jun 18 Feb a5% 4.532 67% 67% 612 563a Mar 55% 513 43% 197(4 197% (Un)ZZ —-25 552 54%. 67 3a 175 78% a5% t)5% 38 % 78 % 247 35% Apr 75% Mar 4% Feb Feb 178(4 Mar ——1 ZZZZI 38% 10 38% 103% 105% 3 39 41 475 35% 831 82% Mar 1.688 Apr Jan 30 Jun Occidental 38' Jun Oceanic 91 Jan 5% Mar 67% 200 May Jan 50 12% Apr 15 Jun 201 a 38 38% 1.026 18% 18% 18% ?.! u u Corp Ltd Oil Ft Co Ltd class footnote* s»e Clay A paee 46. 1.45 1.40 1.50 6% May 37 Feb 41% Jan 120 18% Jun 20(s Jan 330 11 Feb 4.700 1.40 Feb Jun Feb 6 % 7% Apr 3% 5% 500 36 300 29% 18% 532 13% 5c Feb 37% Apr Feb 18% Jun 13c Jan May 5c 7c 33,200 40% 372 27% Feb 42% May 30 % Feb 38% 24% Jan 37% 38(4 1.699 24% 270 a47% a49% 36% 36% 143 1,118 4% 1,000 13 183 a— — 35% IS Apr 2.05 Mar 5k L 4.50 k Corp Electric common - 1st preferred class A red 1st pfd~: 4.36k Pacific red pfd 1st 1st - pfd— Industries Inc common 40 Jun 322 45 May 50 Jan 47% 8% 1,010 7% May 9 8 __1 1% 6% 6% 16% 418 1% 1% preferred : 6% 1,030 16% 6% 2,315 Jan 8 Jan 17 Jan- 16% Mar . May Jan 1% 1% Mar Apr Jan { 33 405 28% Feb 35% 33 363 29% Jan 31% Mar-; 30 30 Feb 80c " ' 70c 2.50 2.60 29% 31% 15c 44,823 73c 70c f 733 2.40 May 3% Jan < 1,835 - 27% Mar 39% Jan j * 22 Mar Jan 20 113 19 140 20% Jun 21% May 20% 20% —5 46 49 % —1 25% 26 962 39% Apr 49%. May ; , i 519 24 % Jan 28% 17 - •17% 17% 17% 200 1.70 1.60 1.76 3.700 3,115 2% Mar ; Jan 2.70 1.60 Jun 20c Jan 3% Feb 56% «• 14% 3 3 42% 440 36% Feb 42% Jun 42(4 3 5 10 25 -25 25 25 25 23% • a40% 50% ' 29% a24% 60 % 43% Feb 60(2 Jun 54% 4,415 14% 14% May 14% 2,680 24% 23% a40% a40 % 500 20 138 a— 50% 51 3,935 29% 30 a24% a26% 24 24 23% 24 48% Jan 18% Jan 25% May a— Feb . 51 Jun Jan 1,924 29«z Jun 32% 171 26% Jun 29% 459 23 % Jun 27% Jan 535 24% Jun 27% Jan 22% Jun * 25 Jan Feb 25 22% 22% 22% 135 21% 21% 104 23% 21% 21% May 25 20% 20% Jun Jan 21 200 23% 21 Apr 7% 7% 7% 1,471 9% 36% 36 36% 2,896 85 85 20 25 2 * . * Feb .19% Mar -20 —1 ■ May 19% • Pacific Lighting Corp com $4.50 Jun 47 39% 8 1st preferred red 13% May 39% —• red 4.80k Jun Feb 11 40% : Aggregates 1st red 4% 3% Jan Jan 28 (Un) Inc preferred pfd 1st 39% Jun 39 % Chemical Corp Finance 5 a„ Apr 31 Products Gas & v Jun 26% Mar ' Jan -4_—1— _25 & 6% Mar Jan Feb —-—— Pacific Jun 455 Exeter Pacific 3934 6 30' 135 35% Ltd cap (Un*)_*. Cement 5k 14% ZIZ Z—ZZZL25 I-IZ.il 105 6% 35 —1 Railway Petroleum Mathieson 5 % cc 6 < 56% 23% 30 Oil Co Pacific 6k 14% Eureka Olin Jun 41 Apr (Un Northrop Jun 1053s 40 Co Feb Feb 54 56% Jun 57% May Feb Capwell Co 33 322 • 32% Emporium Apr 784 Ohio Oil Co_ 160 Erie Railroad 29(4 225 com——— III Invest Aircraft Oahu Sugar Co 37 20 Jan 31% 1,688 38 % —1 Pacific Jan 37 5% Mar 47(4 Jun (UnIZ —5 Electrical Products Corp 4 Z Emerson Radio & Phono <Un~ 5 — Jun 27% (U11) preferred Apr 28% Co 35% 13 Power— American North 14' 863 Apr 1,142 38% —1 1 Aviation Co 52 39% Auto-Lite Oil North American 22 39% , Jan 36 ('4 27% Ltd Corp Nordon Pacific Co Jun 29% 36% 27% —5 (Un;—^ Inc Mohawk Niagara Feb 18 Jun 43% 38% England Electric System (Un). —1 .50c New Idria Mining & Chem Co_.—— N Y Central RR (Un) 28 47% 31% Feb Apr 28 —5 New- 520 Jun Feb 36 28% 4% —1 (Un.i (Un) Natomas Company 30:% 3 Electric Theatres Norris 19 • (Un( Gas National 100 17 Line5 (Un Kodak Natural Supply Co 1.227 t Eastern Gypsum Co 18%. " —50c Co 13% Jun National National 44% 20% % 277 326 -10 (Un) Distillers & Chem Corp (Un)_ 1.05 14% 5 duPont Jan Biscuit Co Nat'l 30 30 36% __1 Auto Fibres National 18% 47?I Z ZZ ZZZ-i (Un) 1.15 18% 1.00 National 17% 18 * Co Industries Apr Feb " -32.50 Chemical Jan 38% —7.50 Preferred 47% 380 38 a47% Co-—-* Montgomery Ward & Cc. (Un) * Mt Diablo Co —-——-—1 Poper 1.05 I_. »_ZZI Douglas Aircraft Co Douglas Oil Co of Calif-. Dow Jan 12 —1-5 Dorr-Oliver Inc common Dresser 5% 8% 5 (Un Apr 12 —10 ; Ltd 3% 8% 1 B Mines Jun Jun 1 Giorgio Fruit Corp class A Dome 400 Feb 5 com Grande 4% 6% 250 43% Jan 8% 2 & May 68(4 __50c Di 14% 8(4 Co Denver 47% May Jun 30') Decca Records Inc (Un 46 Feb 12% 68% Cudahy Packing Co (Un > Curtis Publishing Co (Un Deere & Co Feb 42% 110 * American Oil Co Abbey 33%> 243 (Un)_12% Crucible Steel Co of America Cypress Montana 30 k. - Curtiss-Wright Jan 5 Co Preferred Cuban 45(a 68% —1 ; (Un Zellerbach Corp Crown Jun 475 Jan May 31% 24% "V 2 43% 49 82c May 38 7c 5 Montana-Dakota Utilities (Un;__, 12 % 49c 2,012 5 _5 — Feb 46% 57% 16% 18% _p .10 Chemical Monsanto 41 Jun 35% 16*73 C 1 45c 5 (Un) Co Refining . Co (Un) Jan 41% 6% 25c :— Co Petroleums Ltd-— Mindanao Mother Lode Mines Mission Development 29% 55% 55'/» _1 Jan o a & 63% 60c 30% 31% Z—18 — 25c 10 (Un) Continental Crestmont 452 Jun Jan i Continental Products 43% 0 a46 46 7 Continental Copper & Steel Ind com—2 Corn 248 1,000 16% 4 12% a 10 (Un; 40 25c 25c _50c Electrodynamics Corp Consol 39(1 • (Un) (Uni—. Inc (Un)__. Co Merrill 17% —2.50 Columbia Gas System (Un) • Commercial Solvents (Un.i 1 Commonwealth Edison 25 Cons Choi Gould & Savage Min 1 Class B May 353 801 V ; 35% 35% 1 Petroleum Co Inc (Un) Merchants 33 (2 32 3 b Columbia Broadcast System class A-2.50 Jan 29% 5 Co Jun Jan 67 Jun 31 1 Robbins & McKesson 46% 13% 43% 57c 10c * Matson Feb Jun 55c — Co—!. (The) Martin Jun 40 10% 359 64% 40% 42 % 1 Jan 32 Feb 26% 2,302 40% 8% 7 Vs May 290 10% 41% (R H)_—__— Co & Magnavox Co (U11)— Marchant Calculators 46 % 63% 63 ('4 10c 1 Oil Co (Un) M J M & M Macy 10% 32 45 10% Feb 39 % 1.048 30% -—7 ——25 & Llbby„ Liggett & Myers Tobacco (U11) Litton Industries Inc Lockheed Aircraft Corp McNeill Libby 105 Jan 46% May Feb 38 % 186 25 60% 46% Mar 2,231 111% 115% 115 50c 1 —10 : —— — Lehman Leslie Salt Jun Chesapeake & Ohio Ry (Un »_ —_25 Chicago Milw St Paul RR com (Un.;—* Chicago Rock Island & Pac (Un) • Chrysler Corp 25 Power & Light (Un 1 Kennecott Feb 51% May Feb 43% 137 46c May 32c 1,000 i 12% May r 9% Mar 315 Z 37c i Jan 566 : Jan May 38 % 594 35% 35% —_—10c 61% Apr 233 110V4 Jan 82c 12c . 35 Jan May 1.883 a86% 888% 33 3 a 6 52 % Mar 7,000 33% Jan 70 18% Apr 38c Jan 40 Feb Apr May 4% Mar 105 19c a87% Feb 3.25 22 % May 23% May 36% a51% a51% 'I 1.10 Mar Feb 20% 18c ? Jun ,--25 Feb 63 48c Feb 2.25 19% a51% Jan 13% / 102 36% 1 * (Un; Jan 12% 1 (Un) Apr May 150 Feb 37% 7,342 52 50% ^ 12% 10 1 — Kaiser Alum & Chem Kansas Apr 16 43(4 36% May 56 26?s Mar Jan 2.60 1 (Unt & Laughlin Steel (Un) Jones Jan 600 a l;' * — _— 46 24% 705 2.75 22c Mar 40% May 270 41 26% < May I—3 —.——.— Jolms-Manville 9234 May 39% May 267 3,572 a35 Imperial Development Co Ltd— 10c Inland Steel Co (Un)_ * International Harvester * Internatl Nickel Co of Canada (Un)__* International Paper Co (Un; 7% International Tel & Tel (Un)— • Jade 1% May 35% Jan 45 2.70 * — Feb 87 35% (Un) Oil Co— 39% 26 —10 May 1,033 36% . Intex 5 39% May 41 1 Central RR Co Illinois 18% Mar Feb 33% 2.75 Jun 34% Mar 81% 86% 1 Jun 14% 220 43 —25 Idaho Maryland Mines Corp 17% Feb ' 478 ): Jan 4% 200 5 38% _1 <Un)_.— (Un) 17% 18 38% —5 — Jan Jan Sound Co v 4% 4%' —— Mining Co 13c 7 Corp— 413s — Apr 7c 5 Cl&ss B Jun 44(2 —10c —5 -5.50 — 328 (Un) Co Jan 1 Ink Co 47 Oil Co Ltd class A— 2.50 ———- 46 k:V: 46 Oil —5 _ • Home Jan 45 (Un)— Jun Holly 1% Jan 3.000 —10 Jan Feb 5% 65 % May 7% —10 Jun 7% Jan 52% Hotels Corp 13% 9c 42 Apr 70% 54% 2.447 40% May 60% —5 68% 1,818 2,350 1 ———-k—2.50 Hoffman Electronics (Un) 50c Holly Development Co 1 (Uni- Corp Feb 11 3 To a Jun 1% Honolulu Oil Corp 16(4 4% 45% 61 common-——2 1/12 Hercules Powder Co 52 2,380 9c 37% May" —_— 491b Apr Feb 13 Co 12% 12% 1 —— Packing 41 37%r ._15 & C Super Corp California Hilton Jan —1 Budget Finance Plan 6c/c Bunker Hill Co. <Un.i__ California Hertz Jan 7% —5 Budd Company Calaveras Apr 9 —2 Borg-Warner Corp (Un) Broadway-Hale Stores Inc C 6% ,_5c Corp— Burlington Industries Burroughs Corp Apr 1% —2 (Un Co 4% 48% 8 Boeing Airplane Co (Un) Bolsa Chica Oil Corp Borden May —1 Gypsum Diamond Blue 49 % -Pi —— Co (Un > — (Un)— Bishop Oil Co————-r:— Black Mammoth Cons Min — Blair Holdings Corp (Un)— Best wall Feb a42% 956 5% preferred—^—k—^—-—25 Hawaiian Pineapple 7% 41% 61% Jan 45% Jun 70% Hancock Oil Co class A 565 39 % 24 5(4 Jan 49% 90 59?s Jun Jan 47(2 a43 18% May Feb 13% 68% 6 Jan 410 Feb 38 58% 7 14% 3,900 16 993 5(4 Jan Feb 4% 1.407 2,887 18% 69% Apr 12% 7% 17% 59 % 43% 6 4% 17 59 / 43% 4% 7% May 59% Mar 60(4 — Aircraft Engr Gulf Oil Corp (Un) 717 4% Jan 1 ■—-— Grumman 13% 49 % —1 Bethlehem Steel Corp 11% Jan Feb 54% 18 Greyhound Corp 13% 13 3 ■« _100 1 .— 9% Apr 44% 53 3,269 17 59 $1.25 —5 Instrument • Inc—_ Corp (Un; Jan 26% Jan 66% May 392 56 18% Graham-Paige Corp (Un) Great Lakes Oil & Chem Co 16% Jan 64 61% —10 65 —13 Bendix Aviation Feb 20 Jun 10 1 of Calif Humor Co Jun 5 Goodrich (B F) Co (Un) Jun Feb Bandini Beckman Good Jun Feb Ohio RR (Un)— 1 Petroleum Co . — 1 Bankline Oil Co ; —50 Barker Bros Corp 4%k pfd——— Baltimore & Jan 42% 24% Apr May 18% —2 —1 -10c 52% 3 Baldwin-Lima-Hamilton Corp 72% Jan Apr 54% 56 —5 —10 13% —.—:——- (Un) Mfg Corp Feb Feb 8 9% 61% _10 —— 500 —1 (Unt— Corp Warrants Avco 57% jf 7% 5 Co Gladding McBean & Glidden Co (Un 1 32 483 . 1,015 : 1% 1 —_1 1.436 57 V 14 41 — 14% • 34% common— 58% 58% 212 -'1st 13%. 2,4(«. 24(2 24%. (Un)—— .—--5 Atch Top & Santa Fe (Un) com 10 Atlantic Refining Co (Un) 10 a40% a41% a40% 5 Brothers (Un»———— Gladden Products Corp Jan 1,157 39 3 b (Un)-————10 41% Gimbel 40% . 36% Mar —1 Gillette Comnany 67 (a Armour Atlas Jan 40 Tobacco Steel Corp & Co (111; Armco 2,387 177 713 « Tel Co 100 Co (Unt 2o American Viscose Corp (Un) —25 Anaconda (The) Co (Un) 50 Anderson-Prichard Oil Corp (Un;—10 Arkansas Louisiana Gas (Un) 5 18% 329 preferred_10c Public Service Corp (Un). 5 General Public Utilities (Un) —10 General Telephone (Un)_ ,2.50 General Tire & Rubber Co (Un> 4 Getty Gil Co common™— — •' May 56 Feb 41(4 General 8% Mar Feb 5 Jun Z May 61W Refining (Un)--* American Tel & American 11 Paint Corp General Jun 17% 48% 40% —— General Motors Corp com 24% May 41% 16% 7(2 5 8 8 (Un) American Radiator & 20% Mar 23% * 42(4 1 5 Electronics Inc Corp (Un) American Potash & Chem com—— American American Smelting & 350 23(b 82 % _ 16% 5 Corp^ Electric Co (Un) General Exploration Co of CalifGeneral Foods Corp (Un),: Jan 41% Feb General 20% Jan 14 General Dynamics Jun Jun 413 82% -10 _—— 48% 259 23% 260 General Amer Oil of Texas 36% May 24 1,251 23'« 12.50 <Un ; American Cyanamid Co (Un) American Can Co 6% Jun 26% May 18% 16 Calculating Co— Fruehauf Trailer Co 17% Apr 18(4 18 % 11% 15% Foremost Dairies ———————— 141% Feb 109 Jun _1 Friden 95% Jan 86% Mar 635 137(2 141%" 139% r 9% Flying Tiger Line Inc (The;——4 Mach & Chem Corp— Ford Motor Co_ ————— 3% May 62c 69,335 9% 373 Food 8% May 1.55 Corp Allied Chem & Dye Feb (Un)^—_ Flintkote Co Jun 47 11% r_—* . High LOW 47 — — Warrants Jan. 1 11% 5 — -1 Aeco Corp —10c Air Reduction Co <Un>_ * Alaska Juneau Gold Min Co-———10 Alleghany Corp (Un) 1 Admiral Share*!;); Ihgh LotO Par Range Since ■ Hlghr.. Low .—_1 Airplane (Un) Fedders-Quigan Corp (Un;_— FetLeral-Mogul-Bower-Bearings Fairchild Eng & for Week Range of Prices ; Range Since Jan. i High Low Far Sales Week's Friday Sale Price 39 Feb Apr 95% Mar Volume Number 185 5647 . . The Commercial and Financial Chronicle . (2837> 41 OUT-OF-TOWN MARKETS Friday STOCKS . Last Range ' 7 Par Pacific Petroleums Ltd —1 32% 14% Pfizer 34% -*—50 Co (Un)"———' (Chas) 21. (Un) (Un) 58% (Un) (Un) Raytheon Mfg Co Oil (Un) Drug Inc Co Reynolds Metals Co - 61% Richfield Oil Oil Rohr r: S and Corp—_ Louis-San Regis Inc___ 5 Ry (Un) (Un) Co — Servomechanisms Sharon Inc Oil Oil & Gas Co Southern Co Co Texas Co 91 % 42% Feb 64% May 45 Feb 64 54% Feb 67 % May 62 % Jun 'A 22% Feb 1 27% Jun 46% Jan 45% Jan 32% May 24% May 42% 5,823 41% 10,410 55% 866 671 u 64 Va 67 V8 4,103 61% 61 % 61% 452 72% 73 % 127 91 91 20 262 57 Va 10 ' ; 4* *-.■* .100 a30% a31 Va 1 6% 28% 28% 33% 6% Feb Jan Feb Corp United Corp 67% Jun 61% Jun Baltimore Transit Co 4s 51 Mar 68 V8 Jan 76 Va May 91 Mar 26 Feb 6% 29% 4,559 23% 30% Feb 8 Va 5s series A Feb 74% 75 54% Feb 76 Jun 26 Va 28% 1,211 2,570 26% Jun 33 14% 14% 590 13% Apr 21 22('a 22% 230 22 24% Feb May 38% 38% 401 a 1,045 2 32% Feb 37% 37% 38% 3,905 35 Va Feb Va 6% 127 6% May 26% Feb 19% 803 29 29 Va 495 22 %■ 120% 120% 318 103% 133 11% Jan Feb Feb 41% May 41% Apr 15% Jan 17% 27(4 Jun 82 9 Jan 34 May 20% May 30% Jun 120% Jun Jun 7'/4 36 V Walker 80% 80% $1,000 85% 86 V4 1,650 26% Jan 29% Apr Joy 4,599 52 Feb (Joseph) Co_ Manufacturing 63% Jun Lone Star 1,791 27 Apr 31% Jan 18 Jan 16% 350 27% 710 72 % 72.% 923 16% May 27% Jun 70% Jun 45 325 45 Jun 4T% Feb 32% Jan 38% May 1% Jan San 16% 16% 390 1% 1,326 1% May 15 % 15" a 170 45 % 45% 482 14% ,Feb 40% Feb a52% a57% 68% 67 69 77 Feb ...j 387/a Mar i 82 .Feb 89'% Apr Jan 88% Jan Jan 49 % Jan 149 48% May 53% Feb 4,144 57% Mar 72% Jan Plymouth Oil Shares v Low 50 37% 17% 17% 18 6% 6% 35% 64% 35*4 Feb 43% Jan 277 16% Feb 18 Jan 750 36 Jan 2 6% 53 5Vi Jan 7% Mar 37 Va Apr 33% May 37% May 202 34% Jan 31 Va 31% 75 27% Jan 36% — 31% 36% 10 33% May. 32 High _, 61'A new_7.50 32 % 471 27 Feb 1 74% 74% 50 63(4 Feb 34 Va 34% 67 31% Mar 16% 16% 116 15(4 "2% 2% 533 2'4 Feb 27/e Jan 330 75% Feb 85 V4 Jan 5 7V» Feb 140 31% Feb 8% May 37% Jun 735 26 Feb 3IV4 — —5 16(4 2.50 — 10 ' r 81(4 82Vb 83 Vt ' —1 ; 8 ; —5 — Rockwell Spring & Axle ; 8 — 29 11c 14c 15% Engineering 81 Foundry Co 5 Vanadium Alloys Steel ___L_—__——* 37% 28% 13c 10c 37 28% 5 Toy Mining 15% 10,000 33 May. 74% Jun 36% May 18% Mar Apr, i Apr 5c Jan 16c Apr 14(4 Feb 17* Jan 58 46(4 58(4 "367 36% Jan 58 V4 —10 30% 30(4 30Va 235 26% Feb 33 12.50 Westinghouse Air Brake Westinghouse Electric Corp Apr 10 — — Corp. Range Since Jan. 1 High 37% ——— Co Gas for Week 60% — United 35 Va 1% Mining (Un)__ _—50 38% May Apr 83% 65% 617/a 65% 959 52% Feb 65% Jun May Jun CANADIAN MARKETS RANGE Montreal Slock Canadian FOR WEEK ENDED JUNE It Friday Exchange STOCKS Last Sale Price Ponds Par Friday STOCKS Last Sale Piicc Par Abitibi Power & Paper common $1.50 preferred ^ Acadia-Atlantic Sugar Week's Sales Range for Week of Prices Shares Low • Bank Low 30(4 32% 5,190 22% 22% 23 530 9% 200 coin 9(4 Class A 30(4 22 Jua May 7 7% Apr Bank High 35% Jan 24 Jan 9% Jun al8 Agnew-Surpass Shoe Algoma 73% 8teel Aluminium Aluminum 153 Ltd Co new of com 45% Canada 4% 4 "4% preferred ; Anglo Canadian Pulp pfd Anglo Canadian Tel Co 4(4 % Argus Corp Ltd common. $2.40 Atlas 5 18 Apr 21 73% 300 7 Jan 8 Jun 153 155 1.852 110 Feb 157 May Class 11,859 21(a 640 20 45 45% 1,120 45 Feb 48'A Jan 50 51 British 385 50 Jan pfd 52 44% May British British 16% 46 850 17% 46 2 Jun Paper Brazilian Traction pfd American 18 Apr 4%% 30 44(a Jan 4 (4 7o ft Power Feb 24 V» Feb 446 35 29% Apr Jan 5* 538 10 39% 39% 625 54 54 180 53% 120 28 see page 46. 4 38 30 29% 41(4 41(4 42 12,596 1.00 1.03 88,454 41 % 42% 100 41% 30 41 (< Mar Jan "; 3.60 May 59% Jun 42% Jan Jun 58% Jan May 40 Apr Jun 46 1.00 May Jun 45 45 45 280 45 Jun 5 '4 5% 719 4 Mar • 54% Mar 5(4 Va Jan 1.14 May 45 Apr 48% Feb 6 Apr 10 May 9% 9'4 7.234 7% Jan 32 32 100 29% Apr 33 Va Jan 56% • i 56(4 57% 6,753 43V4 Feb 57% Jun preferred Columbia 100 9% 90 50 preferred .. 60 : Forest 42 ft'47 , 90 42 42 47 48 40%^ 40% „—50 • Products. : , footnotes May 3.10 May 55 3 Columbia Elec Co 4(4% British 86,250 59(4 * common preferred May 3.40 59 46 £1 Note Co Oil preferred 50 Apr 42%; Jan 41 (4 3.20 50 Ltd.. Light Amer Bank Feb 29(4 5,384 50 Corp 15% 50 27% Bowater 2,505 2,220 27(4 class A preferred Mar 42 47 % 1.00 46 32(a 59% Range Since Jan.1' Low' High High • Feb 42 _ Jan 46% 25 40 31(4 Corp Steels Ltd 23 Jun Low 46% * Nationale Corp of N A 5% 5%% 45% 45% Pap B Bowater Shares 3.35 Telephone Rights 43(4 42% May Canadienne Pow & for Week 10 Scotia Bell 20(4 preferred For Jan Banque Nova Sales Range —10 — of Bathurst pfd_. preferred $2.50 Asbestos al8 73% 44% Montreal. Rights Range Since Jan. 1 High 32 —20 of Week's of Prices -124a- 11% 12% 115 75 . 89% May 95% Mar 41 May 46 Feb Apr 50 Mar May May 43 Feb. 145 46% 100 40 3.120 10 ( J 7% May 35Va Mar 37 Sales Range 10 Natco Corp : Pittsburgh Brewing Co common Pittsburgh Plate Glass Pittsburgh Screw & Bolt Corp 16% 42%' Jan Week's of Prices Low 1 Refractories 61 Va • 969 834 1975 Home 27% II—5 50 37 37% Gas System : * Duquesne Brewing Co of Pittsburgh—5 Duquesne Light Co 10 Equitable Gas Co 8.50 Harbison 1 | Jan Jan 72% Feb 6% Jan - .1975 4 29% 34% Jan 24 Last Blaw-Knox Co • j - Jun 100 Columbia 16% ' 34% 63(4 358 Par 45 common A ser Allegheny Ludlum Steel 27% 10 31(4 Apr 54% May 444 Sale Price 10 City Mines Co (Un)_ ____! Industries Inc common & 16% k Pillsburgh Stock Exchange 60 5 Feb 27% STOCKS 29 1 28% 80 1 Jan 22% 28% May 27 V Friday 27% Jan 26 ' 80 Jail 60% 32% 1,000 * 1 29% May 40% Jan 10 Jun 60 V* 63 13% common 44% May 10 Jan 30 1 Jan Jun 25 Apr 22 5/a Jun Feb — Jan 18% Feb 7% Mar '■ BONDS 90% May 1,131 10 Mar 21 820 30 * — 53Feb 1,389 33 % 8/64 Jun 14 2.172 Jan 19% (Un)— — 61% 7 32% May Jun ua 5 Co United Gas Improvement 32% 33 Jan 40 Va " • Gas Washington Gas Light 40% 6 22*4 Jan 36 ■ 1,955 * ^__ Jersey 50% Mar 357 Jan Feb'' 20 7,839 425,715 . May 74 _* Oil Co Jun 993 United Park Corp South Jun 948 _' 1,648 66 46Va 1,590 • 41% 33% • (Un) 37% Jan Apr • '"15% May -56(4 Jan 43 >4 May" 1,056 50 57 % Mar 42% —1 (Un) -'•20721 % common Co 38% Mar 42 1 Y preference 43 32% 1 Feb • Co common Service 12.50 Co U S Smelt Refin Reading Sun 47% 3T% Jan 44% Scott Paper Co_ 40% May 17 (2 Mar Jun 29% Scranton-Spring Brook Water 26 41 divid Jun 175 41 &1.40 Jun ' 4 20% Jan 13 Va — Jan 318 33% 100 Apr 35% > Feb 27Va "'363 10 common Jun 2514 Feb — 5% 42 Va 32% 32 Rights V» May ? Jun 506 50 Philadelphia Electric 30% 5,045 22 1 Inc .•_!— 27% -265 Light 24% 325 45% 54 Va — (Un) & Jan 4% 24% 23% ___, (Un)— Corp Power Mar 4% -2-10 (U11) Pennsylvania Apr ' 18% 44 15% —1 Pennsylvania RR 30% M'ar 28% Corp__ Aircraft Corp Steel Jun 27% May 42% 53% — Union Sugar United Air Lines S 120 54% — Electric Co U 20% v 24% (Un) Carbide Rubber 710 .7.50 _____ Chemicals 59% Mar Feb '35.% 16%c ———i- - Pennsalt / 35(4 May . , 14(4 1 15'/4 —50c — Merck & Co Inc, Pehnroad Com Feb Feb 18 Va 10 — Apr 23% ~8% 57% ' (Un) common Co Apr 51%. May 37(4 Apr 25 Va 3 -25 Co (The) 80% 38% Mar." 10 1(5% (Un)__ V Martin J Jan 13 ' Jan 15% 15 10 1 1 43% Potomac Electric Power common Public Service Electric & Gas com vi:; 31% 27% Philadelphia Transportation Co Philco Corp —25 Oil Co of Calif— S May 25 Union Pacific Ry Co U Jun 42% ! 41 Va 43 % 37% Jan 54 ; 1 Lehigh Coal & Navigation— Y Jun Apr 21% May 41(4 Feb 34% Jan 56 Va 17% 5 common Apr . - - 54% Jun 45 a30% 33% 163,V c— 2Vs 11% 34 7% 55% Feb : 5 36 Va - 16% 19% —5 ♦ - _2 Jan *. Jian Jan", 32% May 64 Va Jan ' 11% 35% t 33 Apr Jun 15 Jan.,.. 9(2 50% 32% (36 51 % 27% —10 79 11 Va 49% Jan 27% —10 72% • 45Va 27% 7 78 50 1.66% t v 2% " 33% Feb 27% _50c " 2:% ' ■UVt 31 Va 30% Feb 16% Mar Jun 490 4 12 Va . ' 20 Co 17% 1,013 —2 2% . 19% 48 51% — Corp Co ■ 13% . Watch Co •180 Va Mar Jan- 32% - High Jan 27% 150 ■ Oil May Jan 31% May 52% May . - 28 26% 32 Va 25 £ Jan 29 '303a 13% _5 Motors '(The) 170(2 28% '20 Va Brothers Hecht 176177 Va -Q ; % JUllj; 11 Va 246 A—_ ._25 ser ; Low 33(4 2,457 20 Va Jan May 45% Mar«, 10%' 18 51% Jan I, 45 v>i 25 > V. 114% 52 Va' 32% 66% 20 % Jan Range Since Jan. 1 High 1.80 ^ Co: Gimbel Hamilton for Week; Shares " 33. 62 % -25 ' § ' Feb "11%' 61 % . , •1 293a V 1 -V—50 Yv 13 62 1 (Un) (Un) Union S Jan 100 J Union U 55% 2,833 66% ( Jan May 60 common Fruit Jun 20c 15 Jun,. 10234 Jun ji-65% Jan :ji; 20% Mar 4% Mar 12 Va 64 15 Twentieth Century-Fox Film Gas 29 Feb 64 59% 15 Corp TreeSweet Products Co— Tri-Continental Corp (Un) United 10 48 Va 57% 2 _ Transamerica Warrants Jan Jan 130 421 ,, 17% Motor General Jun Jun 3% 250 11 48% 41% Jan 64 s •13Va May, • 220 ' .__lc preferredli:_: Foremost Dairies Jun Feb 3% 11 Ford / 62 7b Apr Mar 51 (2 29% Publisiilng Co _1 Delaware Power & Light common—13 Va Light Co— 10 Electric Storage Battery 10 , 23% 26 % ,? 26% .176% Duquesne Jan Feb Co Sulphur Tidewater Oil United 3% 48% r Jan "77% 16% 20 32 Va May i* Feb 26% 13 — Company Campbell Soup Co Chrysler Corp—. 4c Feb 3,890 non-cum 1 % . Feb ..403 27 . Feb Feb , Thriftimart, Inc United 17% 26% 19 14% May 60% Jun ; V Febs 26(4 • _• Curtis Jan Jan 23% 55% May Jan Jun Sales V llauge . ___ r Week's . $2.50 Jun 26 % 48 4 Service..— (Un) Inc 76 & May 48% 50 : of Prices 26% 6.50 Budd * Apr 77 (Un) Gulf 16 % 50 _ Chemical Jun 1 110 \Loid V 100 1 .___t Co_ Securities ,Corp_i___ Baltimore Transit Co common Jun 223 Sylvania Electric Products Union 1,161 48% 58% 60 % r 689 ,1,051 22% Last Par ._10 Baldwin May 4% (Un) Sunray Mid-Continent Texas 150 62% A Studebaker Packard Textron a 81% 17 .200 43% 22% v" Tel Corporation City Electric Baldwin-Lima-Hamilton 42 % May Feb ;'4i'%. 41% 25 :0 Feb. Apr 16c 220 107% -1-10 14% •• 47% 32% iV24%. Jan 'i 53 :v Marn; ,.'k 5.800 , 14% j Apr 91% Stecher-Traung Litho pfd (Un)—_ Sterling Drug Inc common (Un)__ & a79% a81% 1 Arufidel & Atlantic Feb Apr 52% 1 Jan 4% Standard Brands Inc com (Un) Standard Oil Co of California Oil Co (Ind) Stauffer 85,200 • . , ) Jun 33 Apr 20 % May >V; 2c Mar 19c (Un)_ '"'v-xVv;?.' C 31 '' 1 • (Ohio) 4c 1% Tel Feb 61% :26% !, 55% f 320 * Co 28(4 32 % >:,i25 23% American Feb 20 ;• 421 1,625 _ common Stores Jan t;75 Feb ; Sale Price V1'., Wood Steel American 91% Standard Standard Oil 960 Alan - : ■ 32% 11 17% 64 62, 57% ; 57 Va ,'V 18c 19c at -V-iV STOCKS Jan g.50 __ N 20% Mar 39% 120 2c ■ Feb 1.894 Friday VVr.jV; 64% May, 39% T ' 965 -v Jan —7.50 Petroleum of 10 563 - 22 Co Co , 8% May Feb 25% 1,549 : % 26 Va 1,963 ' J—l — (Un) Oil V:.-' 1% .7.J.* Sperry-Rand Corp Standard •V 305 35 ~20c pfd Southern Railway Co Southwestern Public Swift 3c -25 Pacific Jun 20% 3 — — California Southern Feb 23 61 preferied Southern 03% 322 1 _— class Southern Cal Gas Co Feb 75% ——2 preferred 90c 21 % 99c 16 34% Calif Edison Co common.. _25 4.24 'U 58 Feb 29 20% 10 s Sinclair Oil Corp (Un): Socony Mobil Oil Co (Un) Solar Aircraft Co Southern Jan 17% 20 35 __15c - 'Class B 54% Vf. 39% - : Co— 972 40 Steel ; Signal 343 60% 20(8 —_ _. Corp (Un) Shasta Water Co (Un)_; Jan 200 200 19% 30% Apr Juu 13 Va ' Juiv' ' Philadelphia - Baltimore Stock Exchange Jun 10% 16 72% 10 — .",_p. Scott Paper Co Seaboard Finance Co com Sears Roebuck & Co— Servel Inc (Un) 27% 8% May 51% Feb 825 , 22% May 1% Apr 200 • Tube ■ - y .1.45 Jan Jan f 22% Mar 262 39 .75% 1* _5 ; , Francisco Paper Apr 59 ; 'XV:,;' a37 % fl37% 16 Feb 1% 23% Mar 29 58% 34 % Mav I6V0 YoungstoWn Sheet & > 430' V 1 (Un)__„__ —10 Oil1 Expior— _r_10c 21(4 May 11% Jan , ' 60 % i 30% ?•: h . ■•(t-V424>i % May Feb 73% 39% .6 ■ Jan 24% 28 Jan Jun 39% May 5% >93c 29 10 4Va V 48% Jan lo1/* 23 Va /,•>; a37% V 31% 48% 73% 24 % _1 _1 Wilson & Co Inc-(Un) WiMilworth (F W) (Un)__ Yellow Cab Co preferred——— 1,429 : 18 Va 93c .20 g Willision Basin Jan 3,812 55% 18 • Co (Un) Jan 200 62% 53%. 18 Corp.—— Sapphire Petroleums Ltd— Schenley Industries (Un) Schering Corp (Un) 6','e 59% 53a4 1 San Diego Ga£ & Elec'com_ San Mauricio .Mining--—; Shell 62% t_10 —__ 17% 65 % Feb 2,162 * 1 59(e ; 19% ; Westinghouse Elec Corp (Un)___. -12.50 Wheeling Steel Corp 4,241 - 19% 10 Jun 100 V V OVa 2.50 ———————-1 St ! 9% ■ 5 W Fine Foods 634 Telegraph (Un)_. GO 695 27% 25 St * 6% 1 Safeway Stores Inc ... 6% 59Vi, —2^50 Westinghouse Air Brake (Un) Mar 21% May ' if 36% 9% Mar-.'; 795.1,, , 289-.'; -.45 Apr?; V- 100!,,, : 30% Mayt 21% r 13 77c . 46% May '•J, > Feb.ii Vi. 32 13, _« Western Union 32 % •V 21% 1 —-2j5c Jan 1,277 ■7. Western Jan _______ 45% Mar ' Feb * —1 Dept Stores Pacific Ry Co 16.835 v v, Jan: <35 1 High Feb 17,% '476'. 12 1 12% ; ■46.1 46% ; <42% . 295 o 35. 1.45 :■:> 46% 170 • 19% : ) L20v — 53 ,, 23% _L_ Royal Dutch Petroleum Ryan Aeronautical Co 1% 57% (Un) Co _ 21% 1% 22% (Un) Roos Bros 27% 20% * Wester* 19% < Low 44% ; "Ki 35 Preferred (Un) "I—:i West Coast Life Ipsurahce (Un)_ .5 West'Kentucky Coal Co (Un)'— —_4 Western Air Lines Inc^—- 48% 304 26% 63 .v -x &8%Mar V - - 19% ,L25 _ 453i Mar 14% Apr r 1,500 6 55 Spring & Axle Co (Un)_ Aircraft 38% (]Jn) 18% Apr Feb 43% - 150 ::T928 21% —_— Riverside Cement Co A pfd Rockwell 63% 48% 6 27%. 41% 200 47 57% —1 Feb 60% L* com Jun 1.30 ' ,14% Feb 11,104 V, 270 37 21 % 53% - " Petroleums Apr May 23% Apr Feb 262 V Feb 45 :.l May 85% Mar 22% Jan Feb -Tac - 332 ,.V 21% Manufacturing Co Ranch : 16% —1 (Un)— Reynolds Tobacco class B Rheem Rice V 48% —10 ——, Rexall 16 51% V 50c . Ind :.V 42% 50c . Reserve Oil & Gas Co Revlon 16 16% 5 Co—___— Republic Pictures (Un)— Republic Steel Corp (Un) 20Va Jan '' Feb 20 (a 210 48% 63% Westates 18% Range Since Jan. High 44% Victor Equipment Co__V_^i._Z_•_. —I * Washington Water1 Power—,-—___ 55 - .441. 42% 5 ___ 1,500 — 49% —____* ,, 1,15 58% 56% . 36% May • 160 , Low Vanadium Corp of America (Un)_ —:i Jan , ..I Shares Jun Jun for Week of Prices - Par 36 % * Sales R*nge Sale Price Feb 79 Week's Last . 42% - 828 , Friday • 28% - 167" 58% Radio Corp of America (Un) • Railway Equip & Realty Co____—...—1 Rayonier Incorporated common 1 Reiter-Foster 14 1 13tVa Jan V, 14%-Jun 253--,- ^ 56% 3 Feb 124 893 . >.;vv 373 21 1.05 1 17 Va 536 22% -1 Procter &; Gamble Co (Un),--.: * Puget Sound Pulp & T«nber___:—__—:3 Co JUNE High . 22 ..—__12.50 _——.—— Oil 5,096 r- v: 52 20% Philip Morris & Co (Un)_ ——5 Phillips Petroleum Co capital——____5 Pure a . 3034 33 %c & Co Inc Pullman Inc 34 128% 131 % 14%. 15 52 Phelps Dodge Corp Philco Corp (Un) Low a77% a79% r~'t; PetrocaTbon Chemical cap—r_«— .U,:. ENDED STOCKS Range Since Jan. High 31 , 129 Co Penney (J C) Co <Un%.—. Pennsylvania RR Co (Un)____ Ufa Pepsi-Cola Shares L010 Pacific Tel & Tel common —100 Pan American World Airways (Un)—1 ,1 'Mif Paramount Pictures Cojrp (Un)_ & WEEK for Week of Prices Sale Price Davis FOR Sales ' • Parke. RANGE Week's - 13%. Jan The Commercial and Financial Chronicle 42 . . . Monday, June 17, 1957 (2338) CANADIAN MARKETS Jj •, STOCK® Low Pur Canner class Jan 109 90% May 94 109 85 91 91 25 Feb 25% 26 1.155 23% Apr 26% Jun 27 27% 3,375 28 Mar 24 375 18 30% 798 16% May 25% Feb Feb 14% Jan 12% Apr 16 Jan 27% Jan 30 Feb Jun 9 Jan Jun 14 Feb Jan Western (Geo) 300 8 6% 830 13% 420 11 7% Jun 12'% Jan 21% May 13% 14% 1,595 9 V2 Jan 15 May Winnipeg Zellers 20 May Apr 19 Apr 1,302 15% Mar 18 5,648 15 Coghlin • 81 Jun 81 33% 34% 9,064 28% Feb 34% Apr Apr 26% 32% 25% 1,703 32 895 8% 575 16% 16% 17 1.370 16 Jan 17% 13 13 13 10 Feb 13% May 24 23% 24% 2,025 6,150 23 May 26 26 27% 195 • 16 16 16% 405 A_ 7% 12% 13 300 9.50 25% 27 2,435 19% a7% a7% 50 Dominion 13% a-14 55 Dominion Dairies * ;a7% Ni7% a7% 17% 17% 17% 10 * 33 33 33% 1,256 ,__100 97% 97 97% 100 — Dominion Foundries ft Steel com--; Preferred . ft 13% Jan Feb Feb 14% May Jan 28% Mar 33% 97% 67 Jr.50 51 Jan 69 17,076 19% Feb 26% • 54% 53% 54% 470 39% Jan 55 % 11% 11 11% 14,154 10% May 12% 19 330 18% May 21 Ltd 7%*, preferred Donohue 100 Brewery Ltd. Du Pont of Canada.See common Preferred Famous Ford Canadian Co Fraser Cos Ltd 6% preferred 21% , 10 79% Feb 82% 225 6% Jun 7% 17% 765 15% Jan 18 340 52 Jun 55% Jan 25% - 27 28% 30% 1,365 101 60 100 ... 105 % 105% Howard Smith Paper common Hudson Bay Mining 46 46% 108 66 Apr 8 Imperial Oil -Ltd Imperial Tobacco of Canada 7 44 912 _• 21% ft 63 % 69% 58% 59% Feb 47 « 26 Jan 30 5,551 Jun 63% j Jun 86% 60 $4.50 preferred 12 12% 5,110 5% 50 31% 31 31% 2,745 43 43 135 51 50'% 51 55 ft85 &85 10% 11 24 21 24 1,460 16 Jan 24 Jun n22 % a22% 25 21 "Mar 23 100 - Warrants jfr Inland Cement International Int Nickel Bronze ,6% of Canada pfd 25 • 105 7 so 100% common International Faper common International Petroleum OoLtd "" • 52% International UtiUties Corp common_ S j Interprovlnclal Pipe Llnes__ Public Service Ltd Ltd Laurenttde Acceptance class A 23 _™™I™* Ltd Lower St Lawrence Power 13 al9 __ — 9% 100 720 21% 35% 175 35 211b 30 30 21 r; 21 21 a3.30 pfd ; Steel Products Ltd.: : 36 f 54 32 50:'., 22 /' 29 >/. 260 ' _* * 80c a4.25 **4.-00 4% 70 Apr 24 Jan Mar 9 Jan 50 100 19 12c 25c May 8% 195 al8% al8% 25 18 Jan 8% May Paper Ltd preferred . 85 Bloedel class B_ 4% 90 Preferred McColl Prontenac ~ Oil " 14%' ;■ 14% Mitchell Class 31% 32 1,240 28 Mar 7% 7% 8,154 6 Feb 85 85 <86 450 79 May 86 12%. .5 ' -67 common / (Robt) 79 84 2.371 Jan 84 Jun pfd class "A" • 50 ~ „ Molson Breweries Ltd class aZI Montreal f s n '/ 68 Steel 6% cum Maurice /'• 4 / 435 Red 5% Bros red Trans i_» 40 !_10 Mountain Gas of Canada Ltd_^ Pipe Line -Co 1.05 47,550 1134 100 123 25 57 1.75 v.,245 41% 1,270 43 *2 -'t 4.00 1,900 950 ^ 26 Woods Manufacturing 1 i 41 41 a23 preferred Ogilvie Flour (Mills Ontario Steel 1 common Products common common ** • Plaoer (Development L FOWMI River DomnanyPower 5% (preferred Co Moo-{A V) i— a39 a39 5 39 May 40 2Kb 21% 2,140 20 Jan 94 94 50 93 May 35% 27 % 28 401 25 Mar 29 45 May 45 25 40 Mar 45 Jan Barvallee 49% 50% 2,561 Jan Baska 76 76 a31 25% 138 12% 43% ' - 25 41 57% 10 76 Jun 80 a32 770 30 Mar 38 26 975 21% Mar 26 137% 139 % 141 Jan 23 Feb 11 12% 7,925 1,055 39 1,799 55% 2,175 50 510 11 Apr 41 Jan 43 Mar 27% Jan 32 41% 42 75 31 32 760 16% 50 25% 1.490 105 a a22 18 20c 24 c 1,500 11c 10,800 1.40 1.45 1,000 18c 20c 5.000 1.87 1.78 1.87 3,100 8c 8c 9%C Feb 12c 8(be Jan 12c Jun 11c Mar 20c May Mar 5,900 5c 45% Jan 80% 33c 96,500 13c May 12c 15c 1,000 12c Jur, 32c Jan 40C 40c 1,000 40c Mar 40c Mar 37c 45c 13,500 35c Jur. 1 Miftes Ltd Gold 6c 37c 1 _1 19 .. Bouscadillac Bouzan • 1,000 10,600 40c Jan 69c 14 c 23c 143,500 13c Apr 23c 24c '.Feb 13% May Calalta • 1 /_1 Developments Petroleums 25c Ltd Uranium Mines Ltd Ll Jun Mar 18,000 20c ,Feb 38c May 2,500 27c 3,500 11c Jur. 56c 72c 8.500 56c Jun 100 2.88 2.88 200 1.40 Jan 3.20 May 1.30 1.35 1,700 1.25 32% 33% "14c 14c „->.18%c- Jan ~ 56c , 1.33 - Calumet Jan 18c 13,166 25C 32% Calgary & Edmonton Corp Ltd.- Jan " _• Ltd™, Jan May 36c 36c 5 (be 25 c ->. Jan 4%c Jun 31c 5%C . _L1 Ltd^ Gold-Mines Mines Ltd! Cabanga lie,. 6%c May 7c 56c %c' 35c r 1.50 51c 51c trust_L* Z 35c ;" 61 be' 1 Corp____i_l Refining Metals Ltd voting Bornite Copper Corp-^. 1 Jan 6c 15c * Ltd Mining Corp Ltd____' Bfelle-Chibougamau Mines Ltd™ Jun Jan Apr 1 Ltd. Mines & 1.75 14c 1 1 : Ltd Mining Oil Jan Jan Jun 85c 3,000 20% 6c • 59 " 1.50 Bonnyville Jan 1,000 9,000 1.45 Boreal'Rare Jan 2,100 1.50 Lake 10c 12c 1 Bay Jan Jan 2.15 Feb 1.75 Feb 2.00 30c Jun 16 Mines Apr 17c 5%c Apr 1,575 Uranium Feb "35c Feb 1.40 Apr ."lie Jun 16c 17% Mines 23% v70c* Apr - Mar 9%c 16% BeDechasse : Apr lie 13 %c 12c- • Ltd Mines -10 76 76 77 19% 23 4,545 36 38% 705 Ftb 18 Feb 25% Jun Canadian Admiral Oils Ltdi 19 Apr Canadian Co 20% 2,825 22% 38% Feb 16% 17% Feb 50 -25 46. Feb 1.110 " 7c 8c 14.000 8c 24 7c 1.52 Feb Feb Mav V Jan Jan 33%-J.un rtll%cMar . " al7% al8% 24% Jan Feb ;' " 47/ Jar. 7(be 16% Bateman May 13% Feb May Jan 55 36%c May 1 Bandowan Jan 52% al6% common- Preferred page 13 80% a22 Hoyal Bank of Canada. see Jun 43 % al8% ~ 10%'May 26% 79 24% A 1,000 20c 1 Band-Ore Gold Mines Ltd May 100 52 50 Metal Beatrice Red 42% " _; 50 17,500 8c * Ltd Mines 20% a23 Baker Talc Ltd May May 13% 1 1 Sulphur & Iron Co Ltd Aull May 50 Jan 26 May Bailey Selburn Oil & Gas Ltd A Jan Feb 510 Jar. Feb 9%c 11c 20c Corp Corp Ltd Atlas Jun. 52 (Canada) For footnotes 22% ! Ltd Mines Arno May May 47% 26% Jun 4.30 41 " 26% 32 Hoyalite Oil Do Ltd - 18 - 9 v* .-•-•*•*•10% 25 24c _1 Ltd Mining Nickel May 25% May 26 80% , Holland Paper class Class B Arcadia Jan .common (James) Jan 2.25 Jan — 84% May" i/-.; '6.55 May Jan 8c _1 ,) Mines Lead Apr s Quebec Power Robertson Anthonian 15 , Ltd common Transport Anacon 22% • Canada-." Corp of Price Bros & Co Provincu.l Jan Jan 23 % • . • 48 11 55 Jfttti* ,1441b May* .' , Jun 2 * Jun 815 • Page-Htrsey Tubes Penmans Ameranium Mar 1,025 Jun 6% 40c 44%c Ll L_* ; : Altex Oils Ltd • 17% __ * Ltd.. Mines Ltd 16% 27% __ «Jfil Alta 17 -100 Steel Car Corp Niagara Wire Weaving Mines Alscope Exploration Ltd Jun 8 a23 % a24% ;>' 43(b 4-»--42- '• . ■ .. Ltd__i Algom Uranium Mines Jan 7% 76 5 Z~* common National Northwest 35 45 1.50 Feb Jun Mining and Oil Stocks— 85 225 42% .' 3.10 100 45 - Ltd./.™ Co 45 *- ,_* Ltd Hotel 135 2.00 / 8:-1.75)'Apr» - Jun 9 Jan 65c tL .- r,63% Jan Jur. jun -May ■ Windsor 46 24% J36 z Apr- 5.50 « / /;/T2% Mar Jar. 1,380 a ;-,%-1.05 ., Apr 100 a26 Feb % Jar. 104% Jun 16% .12°.^ Jun • 1.40 Mav 36% ,L25% L Jur. -9 ' 65c 8 480 6% Jun 39 2,433 3.90 - ;_5 Ltd -/'L; 5% Mtiy s ,-i. Jur. 300 5.75 . 9 - 90. 6%- ;_* (L E)-, Breweries Canada 3 "L .-78% 77% , - Corp Ltd cl A •_* Wainwright Producers & Refiners Ltd_l - 8 118% 124(2 78 /•• 67% May May 50 43%; ■; 8 Rights-:—3— Western a70c 41 - 78c 11% 123 Jun- ... ;.45%.A|W Jun 80c 118% l* / 47 , 4.70 Mar 18% 10% 5.50 Waterman Pen Co Ltd .. 17 • .-_• ': 173„ May ■ Feb Feb 123 41% 43% ( . 64 (2 Mar 14(b 11% United Amusement j 700 985 1.75 Union Oil 30 700 a70c Fund_^___l - ''' ;;;T23 ,70 ....Jun,. 9% Jan 29 > Apr -L50;'.*'Feb > . ■ 15 _^___ Corp 30 Jan - 25 - 15 1.00 1 100 preferred-/ Trans-Canada Jur. Jur. 43 - Jur. 15 42 aIO% al0% common... preferred 45 50 4.75 23% _L« pfd 50 1U0 • . Jar. 70 '■ _* : - 4.75 • 15 Gas_________3™_ 25 ..-•//: " 43% 4.75 Jar. ;23 Jun .34 .i Apr i.i .Jar. 70 .23% 8 %' 42 43% -• Ltd 125 15 15 47 14 (4 '<'■'// .15% Mar.; f b Jar. ' May .Peg 7%/Mar Jar. 47 45 • _-5 - Traders Finance Corp class A a8«/4 24 > Feb 88 . , Jun 931 i1 **26.' 26 a 1st pfd_50 50 Mills Ltd____ Industries 45 2.00 Apr Jur. '45 56 56% % part 2nd pfd c a« 2.00 Jun 8(4 12% May Feb ' 24% « • Trust preferred Noranda 46 88% 10% May 28% 525 ' -it-//.--—— 60* 1st - preferred; 50% ^ Z_ Locomotive Morgan & Co 4% % • ~ Class B Montreal • 21 l0(b 200 a8% a8% Ltd com—• Tooke Feb 84 B Apr Apr 32 Mersey Paper 5 % % Jan 4.50 Jur 43L 4 14V4 it .'31 (2 19% May 7% 58% . U5T% May Jar. 6 12% . ~ • "JJn "inn 1.00 M- Feb 7% 90 3 4!% 85 '• 293^ >- Feb 14 common" Apr Mar .76% 925 90 - / 90 ' ' & Jan / / 31% Mar 'vlrC-i* Jan - 9 L 50 434 '85 ' -i.* ™_____lo /• May 9% Jun - A-. : ,25Jan 14 300 t 7% G3 ■ - 4.00 Mav 10 10a(j- 7:i., ru _• St 19% May 13% Jun 18% May & •Southern Canada Power G% May 21 Pdwer Distilleries Sangamo Co Ltd j Jun 62 cl A__* Ltd ■ 98%' Apr 130 a21 a21 10% I Corp (Can) pfd—100 Russell *■ Jan Securities Feb 75c 300 32" - Jan * 28 1,948 U4.25 Mar Apr 200 5'% ' § 80c Jun ,[/39% Jan 21 - Jan Mav . '90 V , : /: 36,'J Mar ; 471b 92 103% 107% f 103% .L* 23 350 /*" „ May 33% May v/'V- ' 25 32 : 50 33 3.712 50 28% 4.00 Jan 35 , ; 4.00 May Feb 65 21% 32 29 1 Jun 21 ,: Jur 6 7 V:34 34 - Paints /22% May . v/^,30^b/Jun 3.25 Mar 2.00 - 25 ■'-V..; 49, 34 t / 35 ' 50 ; v: 89 >'90 _» ; Quebec, Telephone Corp common Reitmans (Canada) Ltd__ •' MacMillan Massey-Harris-Ferguson Jar 18% May ;*/"•/ 50 49 V 90 pfd„__49' Co. 6% Jan Jan Jan ..24., Mar 37% Feb . 'Apr 10 a2.00 -• Ltd Co Advert L) Power Corp of Can f Apr 47% .17(8 Jan 18 40; 3,-30 a Preferred Jan 47% - 10% Mar . Jar. 28 160 a2.00 common Red < 573/4 11'VsMay 14% Mar I6 1.454 23% -35 Pembina Pipe Lines Ltd common....^5 Jun 1023/4 . Feb 15% l" Northern Quebec Power Co. Apr 11 110% 18 al8 94 Feb Jan 50 18 (be 18%c 51% May 90% Mar 6,345 13% | 8% Jun 42% 200 al8 Jan 94% 800 1,304 al9 Feb 10% 3,430 — / > ' 10% ■ Jun 50% 85% May 1,236 68 13% 32% Jun 47% . 4,180 98% 100% 52% 54 60% : Bros 107 57 __ Warrants 5 57 on Jur. 21% Royal Dairies Ltd™ 1 Newfoundland Light & Pow Co Ltd__10 Feb Mar * Mar 10 _* Mount Apr 6% 43 740 * 23 • . 12% Jun 23 ; 65% • Preferred 104 Mar 5% (* common.* (John) 8 50 23% ♦ Stamlard'Sec /'Moore Corp Ltd Apr jjq 11 *' Jan 3,422 Minnesota & Ontario Paper Co___ ( Apr 5% Jan .10% 8% 1534 cum 6% May 12 39V2 alO, Mfg Ltd___!_• Premier 50% Mar 1.50 May Apr 32 alO Mexican Light & Pow Co Ltd com. 13.50 Jan 41 5% Z-50 150 'I'High Feb' 85c ?7,600 >/';; 8%/ 10 V* Melchers 23% May 10% I preferred-. 32% 1 Low 1.15 32% 8% McColl-Frontenac Oil 4'r Jan * Indust Accept Corp -common $2.25 preferred (R MacLaren 2334 May £t preferred 1.05 32% Rar.ge Slace Jan. 1 High " May Apr / Jan 11 3,175 59% - Low * .<■ : General International 46% Mar 11% 4,660 69% • May May 22 1,839 32% Apr 38% 1.015 4,373 com Sales Shares Foreign PoWer Sec Corp Ltd__^-_ Hubbard Felt Co Ltd class A pfd Jan 25 . Jun s for Week • _5 Ford Motor Co of Can class A1 , Jan Jan 20% Apr -.May Exchange Range Zellerbach Eastern •-Fleet Feb Jan 19% 30 33% 53 135 34 Funds Week's Corp 15 Engineering Works Ltd Dominion Oilqloth & Linoleum Co Ltd_* 31 % May 103 105 24% 32% Jan May 100 115 25 19% Jun 27% ' 490 57% a6% 44% 19% * 32 of Prices Dominion May 50 56% a6% 44 % • 19% Jun 1.00 27 2,575 30% • Ltd Crown Jun 785 24,575 a i Crain Apr 1.35 53 1.35 44% 46% Jan 31 Apr 21 - 30% ^50 • 23 32 4.65 / Trust Inv Westingnouse Neon Hydro-Electric 22% 57% 785 17% Jun-' /, 32; V Jun Feb 23% Paper Corp Ltd Jan 52 1011: Jan > Div Jan 7 1.00 common Home Oil class A Apr Jan May 82 a 28% —1 Wares Goodyear Tire 4% pfd inc 1927 Great Lakes Paper Co Ltd Gypsum Lime tt Alabas Lewis 1,120 22 21% 100 Dynamics Steel Labatt 30% a preferred General Jamaica 13% Jan Feb 53 100 -_ General $2.75 May 17 • eomtntm Gatineau Power common 6% 12 30 1.15 • • Class B 100 433 22% 5 *, - 5%% 12 17% 17% 12 2.75 400 , 35% Sugar Consolidated 133% Mar Jun 6% l 45 class B Consolidated Jun 9% Apr 116 30 ab2 Foundation Co of Canada Rights 20 21 21% • A Players Canadian. Corp Motor 11,832 116 12 30 • • ■ Dupuis Preres class 7% 9% 30 3% Ltd_„__ Bros Dow al7% al7% __.™_"_™ common Claude Feb 8 Jan ',. 27% Canadian Silk products Corp fclassA—* .Tan 19 116 Feb ■:/ 1 Dominion & Canadian Marconi Co Jun Dominion Tar & Chemical common-.-* 9% 67% Feb common____: International Jun • 3,211 Jur. Dredge & Dock Co Ltd Gen Investments Ltd-^ Jun 26% Dominion Textile common 82 9.00 17% May 82 /Jun - 18% 1.10 Canadian Jun May Ltd Packers Ltd Canadian Jun 96 67 23% 14% Mar ; 27% Par Canadian Jan 24 Ltd 42% May 7.35 Jun 1,870 ' Feb 8 17% Jan 17 25% — Jan 180 2,500 May ■' 65 Company Canada Canada Apr • Stores 49 45 Apr v. • . 300 Anglo-Can Pulp & Paper Mills Ltd 27% May 9 Jan • ,pfd „F'eb 60 26 Anglo-Nfld Development Co Ltd Dominion Steel ii Coal Red 100 . 4.25 Timber & Jun Dominion Glass-common Dominion Lumber Jan Jan 7 60 35 common tPreferred Abitca 16% 7% ft 14 4 73 Mar Jan 27% ///:/ ■ r-...•/'':\-r-'■ Jan 13% * Corsets Feb 98 Friday V Last Jan 12% -25 J>fd- Jar. 60 50 Sale Price Brown -2.50 _ 49 1 Jun.r 20%. Jan 56% Mar-, 26 STOCKS 33 3,610 ;"-<:55 2,789 7.50 73^4 Canadian 28% Apr 31% Jan Canadian Stock Belding-Corticelli 30% 47 22 4.25 • Jun 31 175 /.. ' ^28 Apr 27% common Jan 27 Exploration Dominion Coal.6% Ltd 15% 17% Dominion Bridge 79 • 22 14 990 Apr 2t)% * v. Gas Jun 600 18% Mar 17% 4.25 ; 31 Feb Mar 15% 25 575' 27% Associated Artists Productions Corp 15 150 15% 7.35 Jun 28% Apr 14% 17% 3 15% 8% May Jan 25 18 • — Ceptral "A"__ Jun/ • * Glass May « A Jan 7 8% Smelting 15 10c : class Ltd class Jan 23% Apr L- 72 - 44 % Jan 27 •41'% Jan 98% 15% May-1 102 31% Distillers Seagram* . 25 24% Class B 5% Jan 81 31% — Crown Zellerbach Dome 98 —• J) Coneol Mining h Consumers 45 25 Combined Enterprises Corbys class 1.156 100 81 2$ Petrofina Ltd preferred—10 Vickers • Farm Equipment • Jur. 10 55% 1 71 98% • 36% May 26% Mar 36 100 Railway 55% 45 Worts Jun 38 25 Jan 35% 36 34% (B 22 351'- 102. "35 52 ♦ & Jan 47% /Jan Feb May 26 19% a23 a24% 44% 15 18 3 4 » Jan 96%-Jim 28 a 51% Bank Corp Gooderham 190 19% Oockshutt Walker 21 * 71% ___. Steel Feb ' 21 * * Grocers Weston 7 13 7% Oils United 38 % >' 28 • Triad 90% Mar 163,8 100 Webb & Knapp 8 G% 100 —100 Power Toronto-Dominion 13% 47 430 a21 a21% 18 3/4 pfd 235 102 al5 * * • Canada 139 17% Canadian of Co 47 % '97V2 . 40% May 38% " • Steinberg's 5%% 365 - High 16% May 18%' Jan " 25 100 19% Canadian Steel :f 81 * 102 common Breweries ; 2,747 42 ■ 47 102 * ; Simpsons Ltd' Southam Co ;/ Southern Canada Jun 30% May 47% " Mar 153,4 May 94 % Jur. 135 96 41 '• . * Canada com of , May 19 Sicks' 41% • __ 7,032 17% 4% .preferred Canadian Pacific Williams Shirriff-Horsey 16 8 7 common common 14 Canadian * 96% 93% 28% % 13 Canadian 5% -preferred 94% 93% 14 v Canadian Canadian Oil Companies common 94% 28 14 16 28% 13% Hydrocarbons Industries commoi International .Power Canadian ;Loeomotive Jan Apr 45 30 *';, Jan Jan 11 17% 7,li3 Jun 12% 55% 29 105 17% 16% class A Preferred 45% 576 27% 16 Sherwin Mar 1,821 30% 16% Corp Lawrence Class' A Jun ? 49% 26 • • 25 1 Cellulose— (preferred Canadian -Husky -Gil 101 49 49% ■* * :• 9 e% . all% all% 45 " 735 Apr 109 Cottons common Canadian 30% Apr Feb 109 ———25 series Jun 29., 35% — Jun 42 26 735 A 35% Jan 25 573 Canadian Celaneee common.. , Low 13 16% * 5% preferred 100 Shawinigan Water k, Power common • Series A Ac/o preferred 50 Class B 4% pfd™ 50 Jan 2,012 40% 44% Range Shtee Jan. 1 High 16 St Apr 80 Jan Mar 29 27 39% 45 Shares 16% St Lawrence Cement May 47 Mar 27% 100 -• ®<J -10 53 Apr 62 26% 20 Bronze common 29% 1,465 27 British Aluminium Canadian 210 80 40% $1.25 preferred— Canadian 35% ' 28% common——-—•* Breweries 43 —10 100 common preferred Canada Safeway jLtd 4.40% *pfd Canada Steamship common 5% preferred Canadian Bank of Commerce-, Canadian Chem -& 44% 34 75% 79% 627 -• 4% fo $1.75 44% J 35% * $1.30 preferred Canada Iron Foundries Canadian 44% « ■■ ■ ■. 41 Low ' Par High Feb 1,319 ■ for Week of Prices Range Since Jan. 1 Low 51% Sales Range Last Sale Price High 50% Week's Friii*/ STOCKS Shares 51 -* Columbia Power British Columbia Telephone Building Products — Otlgary Power common.. „ -Canada Cement common British for Week of Prices Sale Price 14 JUNE ENDED Sales Range Last WEEK FOR RANGE Week's Friday Jan 21% May 64 Mar 77 May 16 Jan 23 Jun 28% Jan , Campbell Chlbougamau Atlantic Canadian • . Oil Collieries Common . ' ; Ltd-; Resources 1 1 — 2 , 2,900 60c 1,500 9.15 : 11 ; 11% 60c Mines Ltd 9.45 1.30O 10a8 45c 13% Jan ^ -60c Feb 10% 5.90 Feb Jun Jun Ltd— __3 ' *9% Feb 6 6 6% "550 1 72c 72c 72c 200 Ltd—* 9.10 8.85 9.10 3,200 5% Mar • -../J "7% Jan - 38 % Jun 5/o preferred Canadian _! Devonian ( Petroleums 71c 6.50 -90c Apr Feb - 4.0 Jan May I Number 5647 185 Volume . . The Commercial and Financial Chronicle . CANADIAN MARKETS , , ' ■: . v. ■■ , Week's Range Shares Sale Price Par Canadian Lithium Mines Ltd— Capita] Lithium Mines Carnegie Mines Cartie^Malartic 1 32c 67c Mines Ltd—. Ltd Mines 20c 30c Juti 10c __ 9.40 6.50 1,000 6.25 3,450 8.80 .9,40 8c 8c 2.40 17c 20c - l ■ • 34c __1 32c 15c ' 14-c 20 l Cortez Explorations Ltd 20 13c 2.90 3.00 7c 6ViC' • Corp. Ltd— Mines _Ii i Ltd— „! Duvan Copper Co-Ltd Sullivan Mjfies Ltd Eastern Asbestos Co Ltd 9 1 Empire Oil & Minerals Metal Mines Ltd Inc 35c ,17c 19c !• Faraday Uranium Mines Ltd 35 % 17c ' Gaspe Oil Ventures Mines Grandines Mines Ltd Gui-Por Uranium Mines Mines Ltd Indian Lake Mines Ltd Lead Zinc Mines Co Feb 29 VaC Acme 15c 22c May lie Jun 28c Apr 13c Jan 22c Jan 82c Jun 19% 10c 17.500 80c 80c 33% 34% 32 Vac 35c 8c 77,900 500 16c 54c 75c 19c Petroleums Ltd——a Mercedes Exploration Co Ltd Merrill Island Merrill Mining Petroleums Ltd -1.25 Ltd Mogador- Mines i 1 _ 1 1.80 Corp Ltd-— -25c Mines Ltd^ l Jack Lake Uranium Mines Ltd___1 Pacific Coal & Oils Ltd— • New New 28c New Vinray Mines North American Ltd Rare Northspan-Uranium Obalski (1945) Okalta Oils 14c 12c 9c 7c 7.90 1 " 33c Gold Mines Phillips Oil Co Ltd Gas • 3.45 Crest Gold Mines II&0e _ Mines Ltd Duiauit Mines Ltd^_.__^ Stadacona* Mines /19441 Ltd Tarbell Tazin. Mines Mines Mines Teck-Hughes Tib Ltd Exploration Ltd ; 1 __j - 3.70 1 1,500 13 14c May Jan ,80c 42c Jun May 34c 45c , Apr Jan ! Jun 37c 500 30c Apr 15c 5.00 1.40 1.45 7,300 64c Jan 21 21% 3,010 17% Feb 3.15 1,600 13c 3.15 Apr Jen 2.90 May 191.200 22c Jan liooo Jun of Barvue 1.45 Mar 2.63 Jun Apr 2.63 60c Jun Jun Jan CANADIAN STOCK EXCHANGE ' For footnotes see page 46. Feb 25c 54% 18,650 , Feb Jan 3.65 May 55'/a Jan May 12 %c Mar Jun 40c 1.323 . Jan 3.30 42c May > 5,200 May 59% Jun 45c Jan 84c < - Jan 68c 65c Jur> 68c 75c Jan 14,700 62c Jan 38c 46c 92c 364,100 May 25c Jan 10 Vac 11c 47c Mar 5,000 8c Mar 12c Jan 63c 54 • III 54 50 54 29'% —1 — __. 30 67 29 Jun 98c 1.03 30,774 >4 6'% 6 Va 700 6 1.00 1.00 1.06 21c 23c 2.70 3.05 1.70 1.65 1.70 500 60* - May 5»/a 9,125 413,744 —1 96c 9,132 32c 3.95 • - Jun 29 1.02 III Uranium Apr 40 Jan 1-89 Jan Feb 1.00 21c 7% May Jun 1.75 Jan Jun 1.58 Apr 1.55 40c Jun Jan 3; 15 May 1.93 Jan - -25 41 41 1.00 1.00 1.04 ^5pc 3,176 231,523 1.80 1.75 1.92 20,350 1 17 VaC 17c 18c 53,355 17c May 32c Feb 5%c Jan 12c Jan 2.65 Jan '. Copper Corp Mines _1 41% 41 Jun 46% May Jun 1.00 ->1.14 May 2.75 Jan 1.60 May —1 7c 9 Vac 10,400 2.00 2.24 16,451 1.10 1.20 5,200 90c Feb 24c Min«__ 2.05 1.15 Uranium 24c 25c 10,177 24c Jun 70c Jan 10% Jun 12% Jan 12 Va 12 82c preferred Gold 35 Vb 85c 1(700 38,100 13c 41% 42% 8%c Feb 3,000 11c Jun 56c 90 45% 80 5% 600 635 56'% 78 83c 3.60 preferred 77 90 90 % 47 Vt 46 V* 48 _50 - 42,175 10,152 79 90 _50 preferred Columbia Forest Products: British Columbia Packers class A 138,881 -50 • 41 20 425 640 1.55 49> ! Feb Jan 42c Mar 2.60 Mar 43 % Feb 77 Jun 12V4 Feb f ■* v Apr 46 Va 5% Apr Jan 10c »% Mar -8.0OMay 90c May Jun 90 Jan Mar 5.45 Mar Jan 7 V» 4.10 Jan May 45% May May 9 ,: Jan Mar 19%c Jan • Jun " 57% 160 British 7c 3.75 6,625 3.00 57 100 •9% 7.60 - 4.85 Mar 600 9% 7.5a 3.25 42% 1,200 10'% 15c /„ , 40% May _ 11,200 4.50 18% —1 14c r . Jun 7 Vac 71c 1.12 36% Feb - Jun., 84,300 7c 75c Feb 14c 5% —1 1.60 Mar Jun 8c 72c 42% 4.25 _ Mines 70c 14,000 . Feb 35 100 9c 56c pfd—. 1.75 25 35 8c preferred Paper 12 13c 14VaC Mines Corp 5% B AT , 3.10 May 7,410 38%c preferred Class 46 69c Bouscadillac Gold Bouzan Mines Ltd 4%% 9c 4,519 38,655 45c Mines 4 % % JOHN'S, P. Q. 3,000 . 47 Mar 65c • - 2-4545 32 20% Jan 2.40 Feb 23%c Feb 43c Mines - QUEBEC-TROIS-RIV1ERES-SHERBROOKE-CHICOUTIMI-ST. Jan 59'/a 25c Bordulac Mines 5% Apr 12 %c ■28c Mining— j^ros Gold 4.KI Jun 58 xy. Ribbon Bonville May 25c -31 ——— Phillips Square Hill \ 3.40 15% May 4.75 Jan Jun 15% Mar 1,125 10c lO'/aC 3.30 Jan 2.ot Jan Jan -1 British Columbia Electric— 4<1? preferred 4%% preferred Office: 5,250 46'% Feb Jan 2lc 506 11,000 4G% 17c 39C 6c - -1 Ltd Bridge & Tank warrants— BrUund Mines Ltd Britalta Petroleum British American Oil West, Montreal 8 Vac •17% Jan Jur> 2.75 Jan 1.16 Mar May 13 150 Jan 14c - ( 1.60 Mar 50 66c Bralorne Mines Brantford Cordage class B Brazilian Traction common MONTREAL 8TOCK EXCHANGE TORONTO STOCK EXCHANGE * 100 3.00 60c -10 - B Yukon Boymar HART York CitF» MUrray Scotia Uranium Bowater We#t 441,1 St- New -10 ; Warrants Slue . 9c 500 2.75 1 Class A preferred Black Bay Uranium Jan Jan 1.90 14% 14 Bidcop Mines Ltd Biltmore Hats— Jun Jan 57c 48,000 2.75 Belchef Mining Corp Belleterre Quebec Mines Bibis . May 15c MEMBERS: Alfcorp 1.75 8c : Exploration Metals Blcroft Jan 65c Branch 1.75 1 Telephone Rights Jan 30c ' lie — Bell Apr Jan 1203 20c - Mines Bevcon Jan Telephone PL-9501 16,750 37,400 1 Mines Jan May Local Branch: 24c 11c 12 %c , 3.35 Nova Bethlehem 10c St. 20c 12c Ltd Montreal of Jan 10c Notre Dame 12c 24c 29% - . 20%c Mar 8,800 5%% 230 10c 1 - 13% May 11 % May , Feb Mar Jan *118% May 15% Apr ' Jan ; 10c 1 — A " 24 ■ lie * class Mari—. - 6-; 6SO 170.093 65,600 Jan 4.00 - May 57 ! May r 19 %c Jun • * v Jan ^T ~r2,393 - 43 ; " Feb 90- 70c 38c 9c 10c 18c 27% 10c 10 %c 18 % • ■ 9% Mhy • - 59c 3.10 Beauca^ Beaver.luodge . 12c 10 6,080 —161 34% Bo water * 27% - 2.20 Jan •1.90 Jim . Apr jun 42 1,250 v ■ 31c 8.00 23 10% 13'% 2.80 Class Jan 41 - 15 13 Jan 15% Mar 9,500 107 110 Va : 37 •13%c Jan • 260- 12 Va *10 Apr 1.65 Feb 59c Mines Beatty 6.25 ~ 14c 25 % Mar 7c 120 46% , 12'% 22% Mar 1 : Cons Mar 22c 42 46 13c 60c 20c 4.500 & Prods Beattic-Duquesne 260,100 SAVARD 41% 46 13C Bathurst Power & Paper class A - Jan 12c 20,600 3-, 883 —50 Mines— Mar .'65c 27c 562,625 Mines 26c 10c 25c 1.85 17% 2.87 Base 52c 25c 59,206 1.15 16 Va .50c Baska 42c Feb 1.29 Bankeno Mines Feb 12c 94c 50 B Barymin Jun 6.00 Jun Jan ' 22,900 1.90 33 Apr 77c 49c ' 24 8V2C 33 3.70 1.25 5,500 Jan 1 75c 2.28 13 16'% Barnat 1.85 Jun 68c 7c 1 Jan 51% Feb 1.74 13 May 16% Jan 23% .. 28c 60 63c 12 la 3.25 May Jan 11 Va 16 Va Apr 15c 12c 13% Mar 1,116. 8g —10 2.00 Jan 2,215 1 Jun 78c 1.40 Feb 11 Vat 1.90 Rights 3.90 Jun May 1,000 11 Va 1.98' Jan: 3.00 Jun 1, —1 Fabric Banic 94c 6c 2.63 11 la 23 _ River Bankfield Jan 1,100 17 Mines Electric common Bank Jun Jan 3.90 12c , - 70c 45,500 5% preferred Banff Oils Jun 34 Vi 45c Apr 1.26 May * Bailey Selburn Oil & Gas class A May Apr 5 V2c 2.63 51 27 Va Avillaftona Mines Apr Feb 37c "■ 14% 50 Jan 14% 2.96 800 14c 2.90 54c 63c 1,000 14c 21c 14% —50 Aunor Gold Class Jan 5,000 300 18c 14 Va 50 Va 1 Auto Jan Feb 32c 600 107 Aubglle Mines Feb 48% Jan 29c 5,208 3.25 Jun 23 Jun Jan 2,300 3.00 May -May 46 15c 58,483 1.50 -1 Aumaque Gold Jan 7c 33c 33c 18 '/a 7c 2,500 37c 1.50 1.40 -- W—' Steels Aumacho ; 9.00 Mar 19c 6.10 : Jan Jan 1.80 Mar May 7c 25c 17c 12c May 7c 6.00 * 32c 1.30 17 157 ;, 44% Feb 15,700 1.10 19c Yellowknife. Mines Atlin-Ruffner Mines - 13,097 ,_9 u* Jan Feb' 20 2,173 -- Mat 41'% May 790 , — 8 108% 506 23c Atlas Jan / 63c • Ltd-I—I 11,000 3.10 IIIII Mines 38.000 94c 6 Vic 31c 1 Ltd Gold 300 10c 1 21V, - 13 Vi Jan 15c 1 Ltd- Jan 5.00 —_1 : Jun Jun 12c 9c 1.45 ; 1.03 65c 5,000 3.70 1 Mines Ltd Jan 1,100 75c : ».* 14c 1,330- 2114 Gold Mines Atlas 25V4 May 95% Apr 45% Bat a Petroleums Ltd 6c _i Sullivan Cons Mines Tandem 37c 1 Steep Rock Iron Mines Ltd Tacne Lake 7,700 ' Jun 1.98 38c III • Ltd 13c Jan Jun 25c 28.000 7c , • Standard1 Gold Mines Ltd 69c 2,600 * 7c 22,200 '» 7c • _i . Stanleigh Uranium Mining Corp Gas 6.00 . 1 South 1.20 Jan Feb 1.40 16c 3.70 _1 Soma-Duvernay Gold 3.55 34c 45c . Feb 2.40 13 Vi 10c Mar 16 Vi 38c 41c 50c , 33c 13e _!• _ 5,100 6,400 17,800 12c Feb Jan 6,000 - ., - Jan Feb Jan -1 Debentures Warrants Jan 2.00 Jun 9c 65c 68c lie 14c 33c 1.05 May 9.50 Feb 30c 800 1.58 3.35 ; 1.15 30c Jan 12,700 28c 28c * Jun 2.30 Mar ' 78c 1.50 15c • 40c 7c i_l c 300 3.65 1.58 Mar 147.400 '34c 3.50 12,000 10,155 ' 34c 30c v. __1 Ltd Rocky Petroleums Ltd , Scurry Rainbow Oil Ltd—1.— Sherritt-Oordon Mines Ltd & 16c : . 74c 1 —— Producers Ltd Oil *. 34c 3.50 Quebec Smelting Refining Ltd—i._l Quemont Mining Corp Ltd— _* Stanwell a70c 1 Quebec Chibougamau Gold Fields Ltd_l Quebec Copper Corp Co Ltd—: 1 Quebec Labrador Development Co Ltd-1 Quebec OH Development Ltd l Red 32 Vi a70c 2 _ Pitt Gold Mining Co Portage Island i.Chib) Mines Provo 42c "28% 30 9,700 2,400 92,100 Va 38c 25c u-2 j Ltd—; 33c 72c 10c Peimbec Mining Corj) Pernio Gas 4 %%, preferredPerron 9,500 16,425 12 * 6c May 1.25 Jan 6.60 Jan 550 19c 57o 38c Ltd_l :; 2.80 llVa I 62c 49c < 92 44 Va Associated Artists Productions new. _25c Apr 4.65 Mar 506 6,050 17'/a c 63c Ashdown Hardware class B 2.65 Mar r • Feb Jan 45% -20c -1.7tf Jan 35c -50 1 Auto 7.95 32c : 1.08 Feb Jan 10c 5,500 4,750 15c 59c _i : Explorations 14,000 7c 1.75 2.75 , ~ 1 Western Oils. Ltd-— Partridge Canadian lie 7c 7.85 18c 9c • 1.65 : 2.80 . Orenada. Gold Mines LtdPacific Petroleums Ltd—— r Jun 1 ' 20c Feb 18 Va 46 Nickel $2.40 preferred 1.25 Feb Jan 2,535 156 Mines Arjon 1.75 May 1 • Jun 94 13 Va 88c 1-.40 May 600 93 Va —lc — - 21,225 ' 20 -50c Argus Corp common— $2 V2 preferred /- Jan 33c - Area Jan Jan 185 152 Petroleums Jan Jan 20C 43% --1 — Jun 65c 44c Feb 46 Lead Mines Arcadia May 10c 20 Leduc Jun 20 Va Jun 1.40 Jan 10 "nn • Jan 26c 1.45 152 : 6% Apr 616 .25 — Mines 1.92 12c 6,100 '■ - 90c •_ 3.45 25c 12,850 10c 1.75 Openiisce Explorers Ltd— 1 Opemiska Copper Mines (Quebec) Ltd-1 Orchan Uranium Mines Ltd 1—1 1.80 100 1.95 •10e 2.08 Jun ' 15,300 94 Jun Jurt 10% Mar —ft JUtt - r 1,500 48c 11 V -IT * 5.00 Ja» 37,000 22% Feb Feb r- I3c 44c 23c 9,500 1.55 1.45 Feb 17 %c Jan 7.25 Feb - jan 9* 5,650 • - lie com pfd Anglo Rouyn Mines Anthes Imperial Apex Consolidated Resources Apr - 1.50 21% * new 4% 1 Jan 21 May 6.00 - 300 - 77c 34c 9^ 17 %c Feb 3,400 7% 75c 30c 35% Jan Feb' 10c 4,195 13 17V2 Apr 73% 44c Anglo Ainer Explor— .4.75 Anglo Canadian Pulp & Paper pfd. -50 Anglo Huronian Jan 12,425 11 > 7.80 22 % 1 preferred Anchor Jun , 5.00 25c 7.20 -100 Analogue Controls Jan 55c May 11 lie Oils - Amalgamated Larder American Jan 111 98c 89.100 4 Va " Jan 23c Feb ' 14c 1.80 Jun 2.000 v Cons Ltd Co 2,100 10. 31c 90 3,650 • 10 Va 1 Aluminium ' 18c Jan 60c 13,900 34c Pacific Uranium Aluminum Jun 20c Jun * 1.93 9 Vic : 23c 25 16% Mar. ' ' 13c V Jan. 1 , Apr 17 %r May 35 18C i". Algoma Steel Jan 13 VaC Jan 1.40 Jun 3.95 25c 10c 1 i Ltd Ltd— : i.8o V 1.93 ;._1 Ltd: ! 3.95 —1 Metals— Mines 48c Jan High Fefr 7 225 -r 12c . ' trust debentures ! 1.50 Anacon Mar 20c 90 "■ —1 ; Jan 1.20 Mar 6,500 common Runge Since 30 644 18% 90 7.20 1 Jun 3.80 Mar * " Santiago Mines Ltd_!_■— _50c Spring Coulee Oil & Minerals Ltd » New 25c 32c . '.L 73 18 Va ■ * 30c 50 23c 1.45 27o Low 5,590 9% 90 -50c a. 13c 13 1614 *, 1.40 : Ltd 75c Mar 12 Vic 8Va ■ High 32% '•'• * Jan Feb 50,750 " 1.42 1.90" Jun ~ Jun Sales Shares Low -IIII common Petroleums Ltd American Nepheline 2,700 ' kOft Jan - *' Jan for Week , 30V4. -100 Ltd Jun 5,100 1.90 20c 1 Formaaue New ; a 12c Jun Exchange 32% III1 Jun 31c , • 84c May May 200 17 Vi 1.65 5..I { of Canada Ltd National, Petroleum New .16 Vi al6% Jan 14 VaC Mar 5,000 ; Alberta Jan ' 35c 1.50 v " 1.73 » Monpre Mining Co Ltd— Montgary. Explorations Ltd! Pan 34c 1.41 17 Vi" 1 Ltd .Ltd— Molybdenite Corp 35c 1.45 Algom Apr 6c 205 - L— 1 — Canada ' 113 21c 65c 18% 2,000 4.80 ; 4.80 ! 1 5 • Mid-Chibougamau Mines Ltd— Mining Corp of 108 Vi ! 1.90F Jun 39,000 Week's ' Range of Prices' i r- Shoe Warrants 23c 11c 1,000 14c 108 (i 100 15c Fundi Friday { 1 Yellowknife Gold Voting 21 Vi Mar May 16c 1,500 19c 12 Vic >' Jun 10.500 41c Feb | Jun 21c 340 9 Vac 41c Medallion 1.00 ' 8% < Explorations 5% HV2C Apr 11,000 23% 8 VaC 5 Mat 12c 11 Mines Surpass Akaitclio v Jan 80c 4c 22% 45c May 32c 8 Ltd 91<3 1.90, 14c • 1 Alberta Distillers Apr 35% 11,200 22% 11c Jun 16,500 1 Mines 1.90 > Last Oil-; Ajax Petroleums ' / Mar Feb ' 6c 30c 70c 1,347,050 48c 19c Feb — 2314 20,500 48c Jan Jan 18 Va 2.855 34c Agnew Alba 500 9c 16c * Jan May 34% « Advocate Jan 8Vic 14C May 41,700 & Gas Mining Voting trust May 9,000 __1 Jan 8tf * :. Aconic : Feb 3.15 Mav 55c 1 Mclntyre-Porcupine 25c Feb 2,500 6c 15c • ; Jan 4,500 Lithium Louvicourt Goldfield Corp 42% May ! %75 Jan 13c Vac 54c Apr 1 Preferred Jan 68,700 * Lingside Copper Mining Co LtdCorp of Canada Ltd Long Island Petroleums Ltd— Feb 7,500 32,auo 5C 1.05 -j. Feb 14c 1,100.: 80c 8 tic 14c 35c 5c 1.00 Acadia-Uranium Mines 3.500 19 4 Vic 5c 1.05 18 Va 24 VaC Mar 11c 5c 5,000 3.35 - Jan 33 % 9,500 „ A Jan 9,500 > Class 15c 8 Vic 14c Jun Par 4.05 Mar 36c 14c 15(1 70C Abitibi Power & Paper common Acadia Atlantic Sugar common, 28c ■ 4,875/1 • Feb 26c 1 Labrador Mining & Exploration 7,000 58,500 - 37 % 1 Ltd >3.00 6c ___l voting trust Kontiki « • 11c 14c Jun Jun 12,200 Sale Price Jan 2,500 54c 44 5,95u 75c STOCKS ■ Jan 8 Vic i Jan 40c £_ Jan 5.20 65c Jun 8,000 l Uranium Mines Israel Continental Oil Co Ltd Jardun Mines Ltd 1,700 40c 7c 1 Iso 400 Vic _ 22c 1.50 Jun 72c 18c 9c 33% Mai* Apr 70c Toronto Stock Apr 14% i 36c Ltd—__I_5 Hudson-Rand Gold Mines Ltd—, •; May May 3.70 May s 82c 1 Jan 4^40: M»y •-.! 37c ' 16 Vic 30c 70c * •• 73c t Jun 13 VaC l Copper Com Ltd Hillcrest Collieries Ltd Hollinger Cons Gold Mines 12 V 1,000 ■■.« 2.70 J- 39C Westville Jun 17c & Metals Ltd 1 Haitian 9 Vic 15c 82c • Gunnar Jun 7c 6 Ltd- 1.15 J*a 37e Jan 1.80 Jan 14c 1,050 44 334 , Mar 1 • Jan 17c i 41 1 14Vic Feb 7c Gateway Oils Ltd—. Golden Age 5.25 ; 16c » 1 Ltd 15c 3,500 19c 2.65 1 May 6 Vic May 2,470 ■' 17c 18.Vic —__1 2.30 7,000 <, * 24,90(1 ■ v Jan - 36c 18c 1 Ltd Fundy Bay Copper Mines! Futurity Oiis Ltd— 22c 16c 18Vic 37 Vi _1 May lie 4,500 1.45 West Maygill Gas <fc Oil Ltd Mines Ltd 3,500 " , 15c 16 Vac 1.35 Jan 11c goo c 35c 13c 15c II Wendell Mineral Products Ltd Westburne Oil Co Ltd 276 Mar 25% Apr , " 51,360 3.45 3.15 1 Falconbridge Nickel Mines Ltd: Fano Mining & Exploration Inc (1945) 3.25 '..•I"- Jan Feb 1,000 * 3.50 44 . Virginia Mining Corp__^ Pyrite & Copper Corp^ Lt<i Jun Apr Apr 3.15 15c Weedon Jan 40c • v 25,000 4.10 % 40 c 44 Vi 13 71c 46c « 1 • - Apr 18c 12%c 3.50 — -18c 22,500 Mar 31c 4.00 Mar 18c 14% : Jan Rights May $.20 Feb Jun : r; 10c 44c __1 —_ » 9.85 15c Ltd 28,402 27c 3.35 May 70c May - 45c * 1 High, 2.20 Mar 26c 20 c 27c _• ; Low 2,000 " 36c U 1 Canadian Vic ♦.00 1 10c 500 31c Eastern Mining <fc Smelting Corp Ltd_l El Sol Gold Mines Ltd ,._l Apr 3.25 Range Since Jan. High 50c Ventures Ltd 10c 15c r 12% » , I East Jan 4,000 7c 15c Jan 13 Vic May 16c Feb 500 1 8.25 Jun 1,410 18c 2.90 Jan May 1.05 r 19c Shares 3.15 38c Ltd ■for WeeK Low 1.25 Ltd United 7 Vic 5c 3,500' 10c lOVic „ 17 Vac 1 * Mining Corp 19 1.05 1.05 10 lie Jan Jun 2.25 136,200 15c . ~ Mines Trojan Exploration Ltd Montauban Mines Jan United Oils Ltd— Valor Lithium Mines 3,500 V 37c • Trebor Apr 54c Jun 4c 14,500 Empire Oils Ltd— Rights 55c / Jun 4,luU ' " 18'/aC ' • 9.60 2.25 2.35 i Consolidated Monpas Mines Ltd——1 Consol Quebec Yellowknife Mines 1 Continental Mining Exploration Ltd 1 Fontana Mines 14,000 —1 '<oc _ __1 Fab 11.000 6c 6.25 6.25 I _I• Denison Mines Ltd Halliwell Ltd Dome 12c 4C * _ 5.65 May 2,100 Trans Jan May Sites Range of Prices Par . 45c 82c ;; Jan 18,200 30c 30lie 1 Ltd Daine 3.00 20%c23%c 30c Consolidated Dablon 600 23 c Consolidated Bi-Ore Mines Ltd- 4', Mar 1 Cleveland Copper Corp: Consol May 39c 10c Gold Jaculet Lake 30c *70c 4.00 Week's Last 1 High 3,700 27,300 63c • Asbestos Corp Ltd Central-Del Rio Oils Ltd Centra] Manitoba Mines Ltd Chipman 31C 33 VaC 11 Sale Price Low 4.00 JUNE Friday High \ Ltd Cassia» Chibougamau Low 1 Ltd ENDED STOCKS Range Since Jan. * —l Canalask Nickel Mines Lid Can-Met Exploiations LtdCanuba Mines Ltd WEEK for Week of Prices FOR Sales Last STOCKS t RANGE Friday >■ : , 3.60 Jun 57% Jun 84 Feb 95% Mar 50 Mar 40 405 40 40% 305 40% May 11% 12 % 4,817 10 Vb May 13% Jan 16 - 41% 39%- 40 12Vb 16 125 14% Feb 17 Apr 225 13% 17% Apr Jun 46% Jan •44 Feb " " — 16 "4- 16% Jan and Financial Chronicle The Commercial 44 . . Monday, June 17, 1957 . (2840) CANADIAN MARKETS "• Week's Last STOCKS Columbia Power Eritlsh 50% 51% 3,554 44 44 44 % 615 80c 82c 9,750 — 12c 20,000 8c Jan 1 8 19c Jan 10 %c 9%c 8%c lie 315,500 8c Mar ' 15c Jan 8.05 8.05 8.50 : 12% Am Mat 12c Mm Jan 2 50 Mav 6% J- Mines Brunsman Brunswick Mining Buffadison Gold Buffalo Ankerite Buffalo Red * Canada Cement common—, Preferred 275 90,350 1.30 1.35 Canada Safeway Ltd Oil Canada Southern 1,790 24 Steamship Lines com Canada Wire & Cable class B Canadian Admiral Oils— Minerals- Canadian Astoria Atlantic Oil 1,160 "62 4 35 Feb 7,508 9*.15 Feb 5.35 205 54 «o 27% 26% 3OM2 Apr 29 Feb 515 6 16 16 ! 25 » 39% 40% 520 \ 8 8 8 156 49 Ms 50% 23 23 23 : 2,425 210 3.75 2.40 2.60 36 36 36 % 34% 35 1,285 82 Ma 83% 80 83% 5,420 — 90% 90% 3.40 8.00 45 16% 17% 57c 55c 60c 46,098 15c 15c 20c 92,354 8.80 8.60 9.50 4.95 4.95 4.95 40!1» 49 49% 25 23,363 M 300 18 Canadian British 65c 63c 66c 12,880 13 Ms 13 Ma 14 1,725 Dredge Canadian 6% 7 2.50 5% 6% 70c 72c 72c 1.18 1.25 9.05 8.75 9.10 • 1 21% 20 Ma 7.80 2,290 I,500 ' 21% . 4,660 17,640 1.35 • * C ' 30c Canadian Dyno Mines 325 2.65 5% • warrants Dock & M ~7 1 Devonian Petroleum Canadian 29 3,058 2.65 • 3 Canadian Decalta Gas 16 28% * Preferred 14 V 16 13,300 — 49,115 .* Ltd Canadian Food Products common 7.60 8.00 20,519 10,762 3.25 3.25 180 44 44 1.60 1.65 " , *44 100 Preferred 1.89 • •' . 5 " Canadian High Crest Canadian Canadian Husky Oil Canadian Malartic — Gold 2.75 4,450 • - Inca V/o Cos 21% r; 4,665 13% 13% 15% 1,490 13% 13% 14% 29c 30c 33c 5'io preferred preferred 8% 1953 100 100 1955 warrants Canadian Can Western Nat 4 'io Gas Can Mm lav Ann Captain Wv Gold Cariboo Casslar Gastle 2,145 4.00 4.25 3,750 9c 10c 12,200 94 663 15% 1 ftp Del Rio i.y,- 55c 43,343 30c Mar 75c 151,506 60c Feb 4.05 4.10 2.95 3.15 1-90 2.45 1.85 2.01 7,031 2.40 2.90 4,663 36c 30c 45c 197,300 55c 55c 500 6.25 5.00 6.25 6.25 6.85 45,405 4.75 5.10 1,750 9.25 Chibougamau Mining & Smelting ! ^Chromium Mining & Smelting 1.30 Consolidated 2,475 477,950 II,000 'Consolidated 78,700 12c 16,400 12% 650 17c * Apr 1.12 Jun 9c 2.14 Feb 16c Jan 13 3.75 2.03 1.85 2.10 12,950 40c 40c 4,000 30c 35c 9,450 25c Jan' 1 33c 14c 7,500 13c * 14c 12 %c 14c 16,100 10c 6% 6% 633 Mines 14c 15 Mac * • 1 25 Mac 30c 16c 18c 6,500 33c 36c 36,200 11c „• 25MaC 18c 34c 1 11c 12c 2,800 24,900 3.65 Feb 1 ; Discovery— Jan 44c 5c;0 Mar Feb Jan Feb Mar 21c • Power Mar class ' ..1. 1 ■. page 46. • . * , Canada Wares common 23c Jan Geo 22c Feb 55c Apr Giant Mascot 10c Jan 19c Jan Giant Yellowknife 1.42 Feb 26c Jan Glenn 12% Jan 25% Apr Goldale 5.50 Jan, 17% Apr Goldcrest 2.75 May 45c Mar 3.50 Jan 90c Jan - 1 1 100 Mines. Gold Mines Mines Gold Eagle Golct Golden Manitou Mines 1 _1: ..a ;' • , Apr. 9.25 13% May' Jan 14% Jun 7% Jan Jan 7 18 Jun"; . ; Apr 99 25 Apr 2712 Apr 26% 18 Va May 7% May 50c 14c 19c 15c - 16c 41 — 5.40 5.40 5.75 73c Jan Jan 16c May 44c 44c 51c 23c 12%c 24c 13c 8c 1.00 3,100 8,000 2.500 14.300* 12%c * 8c t • 85c Jan 15 Jan 33 Apr 40% Jun 48 Jun 58 Jan 47 % May 50 May 25c Feb 40c Feb 21c May 40c Mar 25c Jun 59c Jan 24%c Jan 82c Jan 40c Jun 47% Jan Jan 16c 40% May 1.03 Apr 53c Feb 54c Feb 20c Feb 33% Feb 15 Jan 18 May 17% Fob 23 May Feb 1.46 Feb 86c Jan 2.93 1.95 Mar Jun May Jan Feb 24c Apr Jan 5 May Mar 70c Feb 51% 98% 20 1.05 11c 27 Jan Apr Jan Jun Mar Jun 2.50 Feb 75% Feb 6% 14c 1.01 Feb Jun Jan 27 Jan 100 Mar 14% Feb 4.85 Jan 53 % Jan Mar 37 5.00 Feb 4-50 Mar 80 20c 85c * 3.20 May 8.30 23% 2% 1,300 3,500 Jan 42% 41c 14c 5.90 49%c Jan Mar 25 Jun 93c May 17c 2.971 88,790 23c Jan 8.25 Jun 8.484 1 !_1 Jan 4.10 14 % 10 12c 4.70 50c Feb 4.50 Mar 7,625 85c Jan May 2.90 2.686 1,100 10c 4.60 5.25 25c 580 4.60 ,1.47 Jun , ' 39 1 1 Jan 9c 1.10 Mar 3.65 May 3,871 115 24c Jan 26c 1,395 80 ' Jun 26c 37.300 76,272 80 80 24%c Jan 1.73 Jan 30 15 %c May 820 1,600 100 75 14% 15% 5% 6 56 57% 395a 41% 5.50 5.90 57% __ 1.00 Jan Jan 25,100 2.80 80 7% ^9%.Jqn 37c Jun 30 12Tb Jan 21% Feb u Jan 915- 100% 101% 15 6 1.00 ■„ Feb 95c" Jun 57% May Jan 10% May 200 3,665- 28% Mar 96 2,285 1.35 . Mar 33% Jun 26% Mar 2,100 23,951- 108 Mar" 21c 32% Jan , Jan 12% 17 100 - 26c 86c L 1 Mar 28 % 18,333 53% - 1.01 1.18 30% 30% * Prosp Mine Jan ' -,12c a 1 Uranium Mines Scientific 1% 1 Ltd Mines Genex pfd— 12%c Feb 18c 3,375 — 30% , Petroleum Steel 5,291 20,100 -- 101% 1 A General 4,250 55c 7% 1 * Motors 13,515 2,85 13c 27 2.75 80 7% 28 2.80 14c Dynamics 13 2.76 1.05 1 02 Bakeries 20 r 1.15-Mar ■, 2.83 Apr 31,100 305 23%- 23'% — 1 * - — — General General 49V2C Jan 52 103% 53% 100 common preferred General Mar 7 86c 8.00 * 7.70 10314 —1 Mines Ltd General . Jan 16c Geco 20c 51c ± Mines 19 2.80 Jan - Gatineau Apr 80c 85c 7.95 * - Trailer Co Fruehauf May 45c - ' * * * 100 common Galkeno Feb2.80 : — Gaitwin Exploration May*. > • ; A^. • 5 5 v * 1 15 * Mines ,4 20c 1 'Jan 13,760 1.06 Jan 1.80 .; ———* q. Debentures c 11% 1 Jan 16c 14,700 27 27% 16c 20%c Corp (U St Ltd 20 1 Jan Feb 21,150 1.70 16c Companies Frobisher Jan 23c 20c ,f 34c 5,186 1,261 710 25c Jan Jun 15,300 35 37% 17% 17% 19% 20 2.60 2.75 1 * 1 ; - Jan 32c 30c 3I'/bC 8.30 25c 26'Mc Jnn Mar Jun 25 37% 6.50 A Canada class of Fraser Feb UMa , Copper class Canada Francoeur 4.35 Jan . 9% Mar 6% 60c 24,576 7,900 7.50 Manufacturing 12 Oils Mines— see 100 200 ' " Cordasun ' Jun 10% Oil Bellekeno footnotes May 3.75 Corp Denison 28c 10 10 Jun 70c 108,393 36,300 30c Rights— Apr 10c 10 Ma * Apr May Apr 8% May 85c Jun 7% 47c Jun 50 69c 90c 75c I t"_ Apr 12c 250 250 1,000 1.700 34,733 62c 1.60 Foundation Co of Canada. 1.25 10% Consolidated Dragon Oil.; For 1.25 9c 12% • Ford • 45 45 — 25o Ford Motor Co ' , 54c Jan 2.50 > Warrants ' Apr 75c 13c <= i Allenbee 3.65 1 Pete Development Jan Grain Florida Jan 4.25 Feb■ 36c 79c 1.17 4.25 Fleet 32c 27c 29c 38c 37c 1.61 Tungsten Federal 40 50 47% 30c 23c 25c 31c 31c 17% 20 2.66 Farwest Jun 1.52 "Xpr Feb 17,428 12c 10c Jun 26,000 60c May 24,200 26.536 2,010 63c 90c * 1 1 Apr 78 13c 17c 100 34c * *' Fargo Oils Ltd Jan 60c Jan 8 Mi 63c 14% 49% 47% 27c 28c 34o * Fittings common 28c 2.85 Jan 39.506 46,150 2,975 14% Jan ' 55c. May , 6c 5,240 13c 15%.c 1.20 1.47 3.95 4.05 26c 30c 3.15 3.60 4.55 5% —— 25 Federal Klrkland Feb 1,75 May — Insurance— Apr Jan 36c Life 36c 17c . 16.100 9,650 - Warrants Jun 30c 2.21 Feb May 42cFeb - 8 o 26c 31c 16 %c 18 %c __ Nickel Famous Players Canadian Fanny Farmer Candy Faraday Uranium Mines— Jan 26c * 1.19 5.30 16 jan 62 8% Mines ."Consolidated ' 117 8% ^Consolidated Central Cadillac • 310 74 50c Consolidated Beta Gamma Consolidated Calliman Flin ■ 3.50 69 13c JM2C Jan 74c Jan 25c 20,900 31-*« •», 40 20 ——* ——————1 "common 1 .* 1. 1 * Falconbridge 2.90 Apr , 2.27 Mar 14 V4 _ 1.20 Mines Consolidated *„♦ 3,600 28,900 42c * Enterprises Consolidated t 34,367 - 1.07 Consolidated Bakeries : 6,900 74 42c 1 Coniagas Mines . 3,700 - 1.07 _l Mines National rConiaurum c 33c 1 Copper Combined . Feb -3.45 Equipment Yellowknife Commonwealth Conro Jan 9%c 1 Farm Cody Reco Key 1.25 5,500 1 ^Coin. Lake Gold Mines- f 2.20 1.15 . Mar 260 Feb May . 14Ma 20 - — Explorers Alliance Jan Jun 7.00 Mar 1 Mining Corp Cochenour Willans Con 1.95 1.27 25 Cobalt Consolidated 'i 35c 6.25 19,000 2.41 30c * Chrysler ; 33c 2.23 1 Chiboug Jaculet Mines Chimo Gold Mines 33c 2.30 Jan Apr 35c S S- 1:iod 30, 30 25 • 1 * 5.00 Jan 1 54% .j' Apr 39% Corp Excelsior Refineries 9.85 Jun 1 15c 8.50 "5.35 Apr Chesterville 23 -19% Feb — - Mines Glacier Emerald 70c Jun Jun 23,325 Jan 28c 9c 165 Trust——.—-10 Eureka 57c Mar Mar ™Uu Feb 6.25 3.00 Mar Ltd Oils Gold Equitable 3.30 Mar - Feb 100 1 75c 1 j?=C 45c Apr 8.40 41,600 4.25 Jun v Jun May 15c 22,322 4.00 29%c 3.20 ——— — Pen-Rey 3.35 16 3.25 „'v , - 1.25 ------- Mines" Eldrlch 2.00 Mar Jan Products— Mines Sol 700 19c Mines 1.84 Elder £1 40,070 | Feb 22c ^ • 3-^ 18c I 1 —* washing Mach pfd— Common r• 4 60 Apr 500 1.60 Jan 22c 13 ' 13%c i Smelting Ltd Eddy Paper class A ei 5.60 Jan & Economic Investment Jun ViT.Jau 1.30 1 1 1 — Metals Jan 5,400 4.20 15c 1.02 49,490 16 3.85 55c 2.46 Mar * '-'Conduits May 61c 11c Colomac 15 3.90 • Easy Jan 2.50 Chib-Kayrand Copper Steel Apr ^10i/8 ¥ar 32/2 Jan AUn Apr ,a Eastern 14c Jan I Jan 15c 5.80 Jun 220 1 28c Mines Mining Apr 2.15 ! , Apr nnu Sullivan Eastern 69c 9 Mac Coldstream Feb 8c East Eastern 85c 9.60 1.09 Jan ; Jan May 19,200 11% _7 -1 1 Gold 26 Mi May 5.00 Feb Feb 3.65 ~Co"Ltd— East Malartic Mines—-; May 16 Mi 6.25 Jan 1.90 12% 14% " 12 13 ' ■ Minerals 34% May Feb 2.16 .Cockshutt 23% 27 11 Feb Jun Cheskirk Mines • 4.30 Mar 28Mi Copper Amphi jj]ast -19% May 18c 9%c 4.10 ; 154Ma Feb I 50c 4.15 Jan Jun 16' - Jan 101 Mi May Feb Jun ... 10% Mar 50 1 Wines • -• = -a" Duvex Oils & 1,950 9.20 Mar 5.20 4.25 34.500 32,500 1.12 30-?h 31 -—2.50 • Brewerv Duvan May 2,280 1 Chateau Gal 140 • 36%'.Jtfn 50c 4.15 32c 17 Jun 9c *cl,emlcalIS y,0S 82 ; : Jun 98 Va 15% 6.25 May .' Apr 67c 2."S " 13c £ 18,10ft ; 39| ; m 'Dow %• 50c 1 t Charter Oil i 26% Mar 80 « 25c 31 Mac Gold Pat Central 14 % /&Hc n Feb 125 11c 96c 1.12 2 Dom^lon Dairies cnunon MuSMr : 15% Porcupine Central Jan 3.25 Mar Apr 1.23 Jan Feb 14% |%: >s " - Explorers 13c 1 Dome Exploration Dome Mines ; 40c 9c . BSrrSdi;-::::::—S 72c * 7.50 . May 14c Mar May 40% Jun i Jan 5.25 35c 8 8 260 35c - 41c ; 5.425 6c 9c 11,900 17c 22c •; 3,200 12 %* 14%c ■ 13,433 25c.; 2.58 •*. 2.40 1 ,, 12%c : 12c Oils Distillers Seagrams ntTj, : • 25c 50c 1 Athabaska Central Central Apr ' 50c 36c 40c 13 Jan Jan 23c -- 100 32 1 - Trethewey Cayzor 4,335 10,182 25 Ma 3-50 Jan : Apr 9.20 27% " * Ltd Corp * Ltd Mines Diadem — 5.|»fn : 2S : ' m ;• ss ■:/ • Asbestos 17c U 237'921 29c 25c 26%c l 1 Mines Delnlte Devon Palmer r iC^ninr ' ^ 4r ,' 1 I •/', Jan r 3.00 Ltd Quartz » 3»9?"*ffcy' Jftn • , /b 1 • 1 Warrants Deer Horn Mines D'Eldona Gold Mines • f iS K?/ fjn. 5 M»r 1 Gas Mines 10% 34 Ma 31 — Producers Oil Canso 10 34 24-% 91 1 1 - Mul ^%May H Jan30 Jan 9%>c 9%c 1 — — Davis Leather class A Decourscy Brewis Mines— 143/ ^ : 27% Jan ro5 Dairie Mining Corp D'Aragon Mines ^8y 1"" io 193? a?,* ~1 - Met Explorations Natural 10 285 • 31 * Mines— Warrants Canso 25 4.05 10c -1 Copper Coy Candore Exploration Erin 18% 20 pfd Oil & Gas Canam Can 140 18 3,856 * Canadian Vickers Canadusa 25 100 34% 25 Petrofina Ltd preferred—.10 Prospect? 16% Thorium Corp —1 Tire Corp « Canadian 80 18 10 Mi Canadian Pacific Railway Canadian 36% 100 100% 140 100 warrants—. ©anadian 35Mi 80 35% Jun 2.25 Feb 18%c Mar Jun 2.60 32c ^ 32c 32c -1 Daeriog Explorers 7.263 20 100 - Apr 1,89 15c r r i May 30c 12.320 24%c 15VliC 1 15,200 28 %c 29c _• . - Cmc0 Mines Ltd"" ;; M 8,523 20 Ms 1 common "J. preferred Jun 9.50 ^f|j} V l ,}.* • Canadian Oil 95c Feb 9c 18,306 • - Hydrocarbon 1.20 2.60 • * 1 Warrants North 2.65 10c Oils Canadian Canadian 1.18 20c Homestead Mar 1.20 Feb 245 28c 15c 17 20 - 24%c I Crowpat Minerals £°° Jtan * 1,692 " Canadian Export Gas Jun 4.15 1.12 Mar If f -»w TUn noi/ 2,985 10c —• 25 Feb 600 f ofi? Mm 715 • —• ' J* g £°° 27 Mi r. May 47% 3,857 26 27 Pete Canadian Collieries Resources Ltd C.S=\^7-ciWon:=5-0- / Apr 22c 15c 16.600 5.60 5.30 -530 17c Apr 65c 12,600 80 625 8.664 ^ Jan- 2.20 May 39.0/5 jf.Mc 1.05 Jan , 9c ,1. } Jan 20 2,312 17 % Chieftain }.;> 16c 16c . /■' 33 %c May May 60c 465 27 $1% preferred Jun Feb 9%c Jan 375 17% :: » LS 68c 5,871 45 TT-7A • May Feb 33.8TO 10U cree'oil" of"canada-IlIII--_II 82c 16 %c 52c -• Jan Jan ^00 14.04A 61,300 . 28% May 42c 20c 25c 11-4 12 A 37% 40% 45c 48c 14c 18c 3.55 4.00 May i 5.35 Apr Feb 4.30 Apr 1.10 May 25c ; 22c 9,000 23.250 5.180 45c 15c 3.75 IV™ f" May an Apr 23 2.— 38c 3.75 Feb 15c 1.000 1,000 2.40 Feb 11.38 Jan , Jun 28c 2—5 10 class A.. MZ&- 21? Mar 320?iJaai 16,900 6.90 ili 130 2.75 7.35 Canadian Chemical & Cellulose IU&jrX DIMUicry 2.90 20c 13/4 40% /,■ Feb 8, /00 81c 2.,c ; 1.40 1.50 9c ll ^c May 35c Apr 10.153 81c -0c May 35c Jan 70c 12c -- 1 : 18c 68c 21c 1.4- , , 10 ^ Mar 11c Feb 18 %c 7c 17 c 4.1o 4.15 _t: • 1 - copper-Man Mine. Copper Rand Chiboug 1,500 Jyn 50c May *' 8c May 2.05 Jan, 20c 61c -/ Cojipcrcrest Mines pph 'S 9%c 9%c — . ■ " Anr 175 May 3.60 3.90 111 J«? —1 Consolidated Tungsten Mining Consolidated West Perolcum Consumers Gas of Toronto- f 4716 Mm llZTn lf£ 125 17% Canadian lin 100'/ 149 150 - ay,my W 35 156 49% 25% common Jan 30 0 156 • t,m1 26V* Jan 16 25 * Canadian Cclanese Jan 6.25 =4 jan 40% —• Empire Oils class A 5.10 Jan ci 24M2 Mar ' common Canadian Canners 13 Mb Jan 38? . 1.20 10%c 11%C Consolidated Press class A —— Consol Quebec Gold Mines—— 2.50 Consolidated Red Poplar Min 1 Consolidated Regcourt Mines Ltd 1 Cojisolidated Sannorm Mmes 1 Consolidated Sudbury Basin—— 1 Jun 5 55 Mc High 64c Feb 3Gc 4,966 68c- -1 Consojldnted Pershcourt Mine, Jun 80 193 26% British Aluminium . J 1 Mines Northland Consolidated S 2.262 29 26% Canadian Preferred - Aw 33 Ma May Mar 240 28% Canadian Bakeries ———^-1—* Canadian Bank of Commerce 20 Canadian Breweries 1.55 Feb 80 5.40 53 l-'' 1 * * * 1 —2 Canada Canadian 17,375 3.40 pfd warrants 11% if™ •' • 1 2 1 * Consolidated Peak Oils 32% 5.35 mm 20 100 Southern Petroleum Canada 3 20 Mav 9.7^ 11-50 —-—* Permanent Mtge—.— Canada 7% ADr ,.7,4, Apr ' Feb 78 31% 11.25 * ———— B Class MaZ - fi%Jan b,a Jan MaV 5.40 *y. 79% * —— A class packers Consolidated Mining & Smeitfc Consolidated Morrison Explpr 165 7 2.95 Warrants Canada Jan 82c 1 Marbenor Consolidated Mo.shcr 1 Consolidated Negus Mines Consolidated Nicholson Mines Oa' 2.50 Lands Oil Canada 15% Jan 2Cc 7 fri 10 -• 26 Assurance-- Feb Anr 55c 30c 31c 4.500 18,ac 21c 7,,>00 95c 1.10 114,607 — 2.90 3.03 5.247 56o 02c 60c , 24'3(i" 18%c18%q 500 5.10 4.90 5.10 ; 30.797 24 23% 24% 10,312 C2c 60c 69c 51,400 55c 60c 24.250 25c^-;-. 24c 2<c 24,500 — 9%c 10c 10.533 Mines1 Marcus Gold Ltd--—1 Consolidated Mic Mac Gils Ltd^f * An^ 21r ii%c Low 51c Consolidated Gillies Lake——-1 — Golden Arrow• y 31c Guayana Aliucs 1 ; 19c Halliwell 1 1.05 " Howey Gold Range Since Jan. I Share, *' • Crest————-—.* Consolidated East Consolidated Consolidated Consolidated Consolidated Consolidated Consolidated Jan " .100 Malting 910 11.33 1 1 50 preferred Life 54,200 11 2.80 • ——-20 Crushed Cut Stone * Foils class A_. —* Iron Foundries common 10 4 % ','o 69c 7 —»— Canada 61c 10% 2.89 common Preferred Canada 3,520 —1 pfd.—r» Bread class B Canada Canada 10 %c 10 %c 62c • —* Campbell Chibougamau Campbell Red Lake Canada 31% 194 10% * Canada 51,500 34 10%c 25c Petroleum ?2P Mav 6^cS S® tPn i'Ac Muv 52,000 10c * Calgary & Edmonton Calgary Power commonCalvan Cons Oil ——i V 17c 7%c 34 * Cabanga Calalta 14c 8c ——_ — P C7c ' 15C •———* Dock class A Burrard Dry 9,400 —1 —. Feb 27,500 1.11 Gold- Hill Ext Bunker 10c 1.00 —.—-——T———> Lake Burchell Lake 9c 1.00 6 Ma Mar 8 1,805 , 9%c * Products Building Smelting & Canadian Buffalo 830 6% ■ for Week " ^'f- Vo&££ foculv 10%c f — Mines ' 623/^ Mavi Fr>h 41 Far 1 • class A Mills SaIcs Range Sale Price .f Price, . . 81c • Bruck Brunhurst Week., Cast High Low 1 Mines Reef Broulan Range Since Jan. 1 High 51 PfMiy STOCKS Shares Low * 25 — Telephone Co British Columbia for Week of Prices Sale Price Par •* ENDED JINEH FOE WEEK RANGE Sales Range Friday 10c 4.55 Jun Feb Jun Jun Feb 1.10 Jan 9.15 May 59% May 114 May 26 Jan 1.50 Jun 21c 34 3.10 Jan Jan Jan 81 Apr 8 May 35c 1.30 Jan Jaa 30% May 105 18% Jan Apr 6.00 May 66% Apr 42 % May 6.25 Jan 6.00 Jan 86 Apr 40c Apr 1.24 Jan 27c Jan 5.85 Apr 71c Feb 40c Mar 19%c Apr 29c Jan 11c Jan 16c May 7%c Feb - - 85c Jun 10%c Jan 2.10 Jan Volume 185 Number 5647 ; . The Commercial and Financial Chronicle . (2841) CANADIAN MARKETS RANGE Friday STOCKS Week's Par Goldfields Uranium , 1.95 "50 / 44 Qprdon Mackay Class A Graham Bousquet G;randines Mines Gjanduc Great Lakes Paper Northern Warrants Gas Great West ::5i 15c Jan 11,900 10c Jun 2,275 "" 46 2612 27 Va 23 V* .. 10 fa 10 Gunnar - Ltd —1 19% 12 Gold 9c Harding Hard 24*3 1__ __ Carpets Rock Harrison Mines 1 Minerals : of Lakes Iron Red Lake Headway Heath Gold Flo Paper 11c 12c 13,150 26c 89 Feb 94 Jan 12%c Jan , 6%c May' 2.00 Jun Apr 37c 45 45 15 39% Feb 46 10V4 10 Va 645 8% Jan 33% 34% 4,445 23% Feb 36 Jun Jan May 1 20 Va 7,804 11% Feb 20% 2334 May 5,570 10% Jan 23 Va 30'/a Jun 41 4.65 Feb 32 1,740 5.85 6.05 15,546 63 69 V4 2,215 26 %c 1.95 1.90 55 To 55 28 28 13% 58 7'a 58 % ,11% 11% 12 14c !_• IHlO 1,375 T 12 % c 5,550* 32 50 51 43 43 215,400 • 4.50 4.60 24 21 24 2,180 10% 11% 15 15*4 1,512 5.70 5.80 71c. . 22 V2 104 53 . 1.49 1.41 4.25 4.00 1.55 22c 1.25 1.15 1.25 ■i 1.65' 6,900*' • ' "1.10 7,500 I 42,012 • 23c 23c 23c 5,000 21 Vac Apr 60c 60c 63c 10,700- 51c May New Jason Kelore Jan New Minda-Scotla New Mylamaque Newnorth Apr Gold 46,800 New Taku 21c 20c 24c 16 Vac Jan 28c Mar 45c 45c 48c 9,900 40c Mar 73c Jan Nickel 18c 10,000 15c Feb 25c Jan 12c 34 %c 33c 23c 18 %c 77c 85c 18,707 62c Feb Jan Nisto 52c 59c 61,300 47c May 2.22 2.32 27,300 55,000 2.25 80c 13c 18c 15,700 925 19 19% '23 24 *'2 20c 1.26 1.35 11,800 1.35 1.40 7,225 12%c 7.10 —1 —20 I ~" I_~ ~~ -30d 1 I Mines. 1 1 ~ —1 Goldfieids—HI! Majieast Uranium Ltd see ., s • 18 . Feb 24% 3.35 Apr 5»00 Jan 2.25 Jun 3.35 9c 8%C 9c 23,200 8%c Jun 14 %c 22c 21c 24c 7,500 21c Jun 45c Jan 49 Va 50 3'4 3,672 47 Feb 57% Jan Feb 70c May 65c Jan 1.60 1.85 * Jan Feb Jan 1.05 3.75 1.5c Jan Mar Feb Feb 17% Mar 9 Jan 7.50 19c Mar 16 Feb 8c Uranium 26,750 95c 11,900 14c 1,500 31c 37c 8.200 30c 9c 9c 1,000 1.10 Apr Feb 80c Jun 13c 5.90 3,625 16 17 7,062 11% Mar 17% 7.70 7.45 8.00 2,540 3.70 May 8.50 39 38% 39 975 5.35 5.35 5.60 795 7,900 50 * 20c 8,500 17 %c Feb 30c 38c 44c 25,051 30c Jan 44c Jun 9%c 8%c 10c 36,400 7c Jan 11c Mar 73c 71c 73c May 2.85 3.50 Mines Ltd Apr Apr Obaska Lake Mines Jun Ogama o linen Gold • Mines Rockland ——1 * Gold ii 80 Mar Oil Selections 30 Jan Oka Rare Metals Okalta 23% May o'Leary Malartic- Ontario Jockey Oils 20c ll%c — — 2.80 _90c ; * Club common Ontario Steel Products common. Opemiska Copper Gold 65c Jan Jan Pacific 1.10 1.02 1.15 17,433 98c May Jan Page 31% 32 1,410 28 Mar Jan Pamour 6,500 Jan Pan 6%c 6c 7%c 35,500 6c 1.70 1.59 1.85 44,670 1.25 27c 50,200 1 41c 40c 7% 15 91 10 42c 42.150 13c Jun May Jan 6% May 13,388 50c Feb 92c 10c 10 %c 13,200 10c Mar 23c 11c 13c 111,435 11c Jun 20c Jan 30c 32c 6,000 26c May 80c Jan 2.71 2.83 7,705 2.34 Jan . < 2.85 55c 40c 2.05 67c 75c 8% 8% 25% 25 V2 25% 25 Feb 26 12% _ 11 Va 12% 13,206 9.35 Feb 15 2.90 2.90 225 2.50 Jan 3.15 32c 42 "2 c 777,750 18c Feb 42 %c 38c 28c 41,725 1.90 13,930 50c 3,900 .. Jan 2.40 Apr 95c Feb 9% 8% Mar 75 22 Jan Jan Jun Jan May Jan May Apr Jan Jun 51c 51c 60c 20,900 26c Jan 69c May 45c 43c 47c 43,015 27c Mar 54c May 9c Feb 16 Vb Feb Pacific Eastern 18c May May 1 Mines Jan May Feb Jan 1 Minerals Lake Feb Mar 83 May 8% 1 8%c 7c 78 36c —— 45c 1.48 20 Feb •4.50 May 2.00 * 12,325 91c 3.95 May 70c ——1 : Crush 15,800 200 ... Feb 36c ——— -ilo 1.70 Mar 2.20 - 1.35 2.00 —— 1 1.49 Mar Ormsby 10c * 1 Mining 43 %. Feb 13c 7.500 Jan 19c pfd Mines Nudulama Jun Util 1.70 Apr Jan 8c 2.10 41c 1.60 11c 1.05 Jun 19c Norvalie 18% Feb 7Vac Apr 1.62 Jun 6.25 79 Orenada 98c Feb 79 Jan 1.56 3.20 Jun 41% May Apr 79 60c 7%c 6.80 Mar 100 Jun 1.05 37 9.00 Mar Northwestern May Orange 7%c May 13 Jan Feb Feb 5.05 3,260 23c 1.72 5.35 4.15 - Preferred 1.25 7.95 5.50 Jun 4.00 Jan 13c 7.60 5.70 Warrants 85c 7.65 Feb Mar 1.67 4.15 Jan 1.20 15,344 84c 20 Jun Jun Feb Northern Telephone 1.70 11c Mar 99c 19r% May 13 Vac 184,000 48c 90,044 49 Jun Mar 19c 4,300 1.60 16% warrants 1.60 Jan 14c 70c 1.48 1 Northern Canada Mines Jan 3.50 60c Warrants 1956 5.90 Feb Jan • common Preferred Jun Apr 2.45 1.53 warrants Apr 4.80 3,020 20c 1 North Star Oil Jan 29,800 30 42c 41 A 5.75 3.20 59c Jan Feb 570 Class 92,325 5.15 3.00 26% May 12c Feb Ltd 67c 5.60 * common 46 17c 27 Northspan Jan 1.59 Jan 50 Feb Jan 63c 1.09 Feb 25 Jan • Jan 6.95 47 Mar 91 Apr 13 %c Feb 1.75 73c 21c 34c Feb 27% 1 Oc 7% Jan 8c 4.25 47 17% 91 12c 1.60 200 7% 31,400 27% 15,600 956,900 Jan Oils 48c .100 2,000 * 610,317 Jan * Oils Rankin 2.20 . 65c 3.00 11c _ Jan 15c 50 1.60 175 4 Jan Northern Quebec Power common Preferred 2.58 18 ('4 1.85 Ltd Oils Northland North Jan 4.25 May *4 2.20 : Warrants Jun 90c < Ltd Mining Northcal 19% 28 % 1.60 Mar 17,000 ' 10,400 1 North Canadian Apr 28% 31 3 26c 3.65 2.55 50% Apr ls 11c 12 %c 21,538 Jun 3.35 2.48 1 Jan Jan 47c nil 46. I6V2C , 3.65 2.50 Jan 1.34 1.18 23c page .4,450 19c 1 1 Mines 2.05 - ^ 16 Vac 2.65 May 85c 26c 20c & 47c • H_I~ 17c Feb Jun —1 common 1.85 40c ~ -10c Pre/erred 2,232 Jun Jun Oil 12c » II 2.50 1 —1 Mines!!— H_1 Malartic 2.20 Mines 1 Mages Sporting Goods Magnet Consolidated Mines Majortrans Apr 2.45 13c 1 —1 I~ _ Macleod Cockshutt Gold Mines Maemillan Bloedel class E Madsen Red Lake Gold Feb 13c Apr Jun 28 To 2.15 20c May » Ltd Mines Osisko Maca-ssa Mines Macdonald Mines Macfie Explorations Jan 5c Mar 70 ♦ 11c 9,080 65c 25 ~35c 8c 2,625 8c Feb 13,315 1.21 3,500 lilc 32c 85,755 IIII 9 VaC fic 64,850 80 85c Louvicourt Gold field" I" I Lyndhurst Mining Co Lynx Yellowknife Gold MinesIIIII 9c 12C 8c * i Mines 9c 12c 11,495 2.30 18 %c > 39c 1,925 25 52c Jan 206'* Feb , 35c 13 2,308 May "Jah ' 38c 240 83,034 30c 10d' 1 19% 10c 13,725 .12,500 Norsyncomaque 3.00 1.70 34c 13c 44%c Jan 2.10 22% 30c 13c 1.34 Jan 98c 510 Oc Jun May * Jan 3,050 22 26c 53c c" 1.30 3.55 1.70 Jan Mar * 24,800 1.20 3.50 8c 30c "80c "*-"72,067 - 1.30 80 22 Explorations III 48c 1.18- 1 2.24 Hosiery Mills common™ Long Island Petroleums 43c 1.05 Norpax 2.85 42 Feb Jan Jan 2.75 41 14c 25c 2.80 2.82 —50 Class B May Feb 80 _.!!_. Jan 48c 35c * May Jan 10c 5,000 2.26 common •'19c 8,178 3.10 .1 Gold preferred Loblaw Cos preferred 750 *-12,700 -101,600 22c 20,070 35c Jun 4.70 7.50 29c 21% a 36c' Feb 18 Vac. Jun 26,436 17c Jun Jan 8 VaC 6.20 35c 24 c 13c Jan 2.25 24c 16%c 189,075 27c" 10c 24c Jan 8c 39c 1 Mines 1.35 11 %c May 11,000 20c Jan 18 36c ~ Jun ' 12c 40,844 . 4.30 16c 11c 95,700 12c 12 Vac ! 21c Mar 1.23 20C' 2.25 1.22 May a -' 4.70 10c 1 6,290 * 14c 1 Jun * " "" l 2,000 13 r 1.23 May 1.55 Jun Mining Corp 8,050 13 May 30c ; Mines 19*4 3 70c * % Normetal 13c 2,000 / Norlartic 28c 17c Jan Jun 12c 17c Feb Jan . Jan, 3.50 2.75 19c 42c 40c , 1.20 26c 1 54c 67,100 ' Jan Apr *iun ~ 43o 1.10 1 Corp Norgold Mines May 17% 13 %c Mai¬ 3,432 1.30 —I Apr Jun 2.60 1.85 Mar 22 %c Jun 3.10 56c Jan ,,.r. 19 23 >8 1.00 Feb 1 ; ; Mines Rim Noranda Apr M iy 2.00 28,785 18c Mar Jun 31c Nor Acme Gold May May 13 49c 274,675 1.04 Jan 67c 12 VaC May Apr 1.78 26,100 20,500 64g 23c' Jun 94c 7,500 14c Feb 12c 7,025 72c Feb 61c 24,400 2.00 9c 2,372 1.20 Jan 90c .* Mar 23c 4,975., 27c 12 %c -III Nipisslng Mines 14% 40ij 1.90 Superior Oils— 80c Feb 46c 1 l New 9 Vac iov2c 30c 12c 1 Jan 14 V4 19,656 14c Mines 62c 1.20 2.39 2.18 ... Exploration 19c 14% Jun , Apr 77,700 2.60 2:25 1.55 18c Rouyn Merger—— Feb 11,400 1.46 Mines Senator Rouyn 1.68 77,842 26c 1.50 "iii May . 28c " • Manitoba Gold New 1.05 43 ' New 65c 59,953 3.1q 1 —1 1.30 E3c 1.0Q 2.55 30c III .• 8c 1.14 New I?! 35c 11,700 28c Newlund Mines. .■ i Jun' 13c 10,21^ 55c .—1 Jan 2.30 40c 29 Apr 13c Jan 5.05 Mar 25% .Mar. 40 16,133 1.07, Jan 1.80 May Apr 10c 55c Apr 38c Jan 5.00 15q " 1 i 27% May 43c 1 — 63c May 8%c 1.10 2.20 E\>b 13 Vic 1 Gold May ' —1 .. 35c 644 ' Highridge Mining New 2.35 % 25 200, 1 ■, Hosco Mines 28 23c ioo I_ '. New 18,900 60c 3.10 —1 Explorations New 37c 35c .40a — 96c.« Jan 94c Mlnes_IIIIIIIIIII footnotes 20c Fortune Mines— 47c 14c 1st For 43 14c Dickenson Mines- Jun . 14c —I Milling 43 15c New Apr Apr 70c 95c Mines 27% Jan .•'* 54c Jan 5.20 19%c Jan 71,972 3.35 New AJfT Jun 900 Jun ,Jan Jun 12 4.05 Delhi May Jan 11% Jan 3.90. 27*a Jan 41c 84c Feb 4.00 Davies Mines Jun 9% 10% 50 10c. Jun 360 300 14c May 1.16 Mar 515 • 25 New Goldvue 48c 18 70% 4.05 New Gas 9,550 , Jan May 1.09 Apr Jan 25 New - 2.05 26 Jan 35c 1 wii. Jan May 12% May May 15 4.00 Jun New 74c 35c ..Jun New Harricana 49% 5,600 11 Petrpleum ; .50c Develop— ,*rrr —* • Continental Oil of Canada New 1,818 52c Chamberlain Apr 1,290 10% —1 Petroleum; Minesl Jan ;:' 17 50c —1 1-— 21% Jan 68 10% ! - Mar Feb 90c 10% v Jan 17c * Feb 22% 66c 67 —5 Concord Apr 25* 4.00 British Dominion OIL Calumet Mines— * 1.25 5,600*' 80c .—5 —1 Bristol Oils 15% May Feb 73c Petroleum Leaf 16% 67% . 54c _ Maralgo 16% I .25c Apr 24c —1 New -6% Jan 45c Apr Mar1 1.48 "Ho New 12% 19Va -Apr 11 4,750 Mines New 3.25 15c 25 • New Apr 2Sc 82c Car Jun 2.40 50 78c .20 Apr 4.45 5,100 1.40 Uranium 40c 15,500 12 81c — 2.35 May , Jan 12 16c I , Feb 1.61 21c 26c 50c Feb '26c 28c 18 1.45 Mines Apr Jun 1.70 Mar 4.35 May 3,085 16 25 New Feb v, I Mining I I La Luz Mines ~ _~~ Lamaque Gold Mines— j. ~ " Secord Candy J Laiyentide Acceptance class ai 2,100 II common Jan 9%c Mar 15% Apr 16c * 19%c —1 875 12c 17% preferred 25,407 -1 Mines 2.55 A Explorations Ltd 76,200 —1 2.50 „1 45c -I_1 9,606 36,765 12 _t Labine Jan 1.73 15% Mar Feb 1.20 1,700 - 29 c 2.55- Mines Trust 1.23 2.95 3.45 28c Drug & Chemical National 66c 6,866 IH 24c \ 2.00 80c Grocers Jun 24 %c Jan 10 43,819 28c A Preferred National Jan May Apr * 3.20 —I class 20c I 1.99 29c "" Porcupine Creek Mar 2.08 Feb 14c 1,098,995 4.00 Minerals Nama 45c ,17% Jun 13 707 12c Montreal Locomotive Works Moore Corp common Multi 1 1.55 3.80 Co_ Mogul Mining Corp Molsons Brewery class Jan 1.40 15,555 % 9,000 3.25 Jan •62 Mav 1.01 2.60 III Bay 1.45 3.95 1.99 Mines 54c Ltd Uramium Warrants 1.73 I, Bidlamaque Gold 57% Apr '' Majr 47 8,700 -1 _I Townsite Lorado 1.34 1.50 • 40c Laura Lomega 14 Corp Containers Moneta 13% ~I Metals Mining Endeavour Min Ore 14 IIII Milling Corp Modern 17c 26c 23,940 5.10 May - ' Athona Mines 23% "9,500 -1 _ Wasa London Mindamar 16c Feb Jun * Uranium.: 22c -1 II' Groceterias Lake 17%. 16% 3.15 19,200 1.55 15% 1.47 Brick 59c Mines— Long Lac Milliken 1.42 17% common... Midwest Industries Gas Warrants Milton 1.50 —1 —1 Mexican Light & Power Midcon Oil & Gas Mid rim Mining National • Loblaw —I — Mines 80c Labrador Mining & Exploration!! Lake Cinch Mines Lake Dufault Mines. Lake Lingman Gold Mines III Lake Osu Mines Liberal Uranium 16c Mines Gold 36c. Meta —1 Nordon Kirkland Minerals Lexlndin 34 %c Merrill Island Mining Petroleum Merrill 44c 150 Lencourt Gold 28,084 1 Kiiembe Preferred Leitch Gold 4.80 —1 _ Jupiter Oils Shore 4.65 35c 68c Jowsey Mining Co Ltd Jumping Pound Petroleumsl (John) 4.80 Mfcntor Exploration & Development 50c 1 _ Jonsmith Mines Gold L25 Apr —1 Minerals. Ltd— Copper Warrants Kirkland Hudson 53c Alger Mines 111 Jan 26c 15 —" ' 1 42% 5,726 *"1,215 26 c ~ Feb New 90c , Feb * 4.4p 1.65 "I 30c New 6.50 ' * 1.50 1 25c Exploration Mines % 1 • 27,500 Jan ' May " 94% 3,500' 60 15 IIIIIH* Mining Mining Corp. Jollet-Quebec * 15 Feb 22 7,350 " 1,671" - 28c 57 • ^ 53% 28c 15 61c 135' ■ 53 28c 57% 25c Waite Joburke Gold 8,500 1071'4 1 I* 2,920 22 Va 105 • Jan 45c May , Jun 40C New 24 Apr 3.30 Mar " 75c 22 % _• , (1939) Mines. 71c 25 ; Feb 14% Jun 115 71% Mar 1,889 Jan Jan 84 Jan 44c 51.. Jan ■ 108% 114% 58 va Feb 89c 26 20c 49 ,, Feb 10,579 15% I~g I Ltd- Feb 4.390 5.75 pfd 43 25 11 Va IIIIIIIII1 23c 8 V - 30c 32% Jun ; Jan 1,625 ! Jun 'Jan Jun Jun 24c Mar 84 43c 24 Jan 12% Apr Apr " 47% ' ■■' ■ 23 375 l common— Powders lie 5,540 79 * 11c Nello 6Va 50 Jun 21c Nesbitt 60 , •; 27,56(1 24 Jun 7% Jun 13,600 Jan 13*2 300 49c 21c 87 11,880 II • National Steel ' 6% 24 - Feb 79% May 6% Feb 12c Jan .. V *'. r'r Jun 5% " 4.50 ' 50% Mar J* 300 17c 31 51 ' Feb 9 2,675 *■ 20 Gas —1 I Lake _ ' %* 31*2 50 50 _ Lake Jan 28 350 43c 109 Feb 6 5,733 * 6% 84 Apr 26%. Jan 25 5® ij: 5% common_* Red 11c 166.440 * 28c Jan 65 21c Jan 11c Jan ,2.20 Apr ,. 17c 86 * 46c Juu 2.08, Jan 24 National Hosiery Mills class B National Petroleum 46% Mar Jun 15c 23c Nealon 1,037* 1.30 7% common 86 % May 1.90 May 7.00 Jun 25c 21,700 13% 53% 13 % 63 5,500 55% ordinaryl5 Isotope Products Kerr-Addison 30c, 1.99' • ——I— _ Gold 25c * ■ Mines 30 Va iq ;!r Frontenac National 19 18% 32,740 7% Feb 34 llVz _• Interprovincial Pipe Line I Investors Syndicate class A_! Irish Copper Mines Ltd Iron Bay Mines : Maple 32c 5 10% 1 Ltd —: International Bronze Little Jan ,1.07 Jan 18c Jah Jun 35c Apr Apr 14c Jun 10c 32c 90 08 % -International Nickel Co common International Petroleum ; International Ranwick Ltd " Lake rv Jan 61c 68,500 27c Jan" 9%c 42,700 1.62c , Feb i Corp Warrants Lake 15c 10,600 76Q 10c 11%c Jan 16 %c May Mar 85c common— Inspiration Mining Labatt 1,000 66c 4.80% Natural Kirkland 32c 9,075 Gold •Preferred Lake 19c Feb May 7% 1.44 85% — Mill City Petroleums— 13.00 Mar 10c 28,100 32 - $2% preferred —1; Inglis (John) * & Co Inland Cement Co preferred Kerr 6 Mar 26% Jan 2.00 Jun 96,500 _ Glaze Lake Kenville 21,000 5.90 Accept ,5%%- preferred Jellico 310 %c I4V2C /15c 400 6% Jun Apr 8C common • Jeanette 2.00 20 preferred J aye 845 2.00 -1—5 Oils Jacobus 8Vac 10% 31,700 6% Jan ' 7c Mining & Smelting. Porcupine Industrial Jack ioc 24 Va 36c Apr 45 Imperial Invest class A Imperial Oil Imperial Tobacco of Canada Inland 8%c 24% 32c 14c 22 4,100 90 « Imperial Bank Indian 12% Jan 19% Hugh-Pam &Vo 11% Apr 1.30 7% McWatters Gold Mines Medallion Petroleums 21% Mar .14 Mar 1.49 ; Smith Imperial Feb 90 Bay Humber 18 1.65 Mining Hudson 8,933 68c Class B Howard 19% 18% 20c Gold— Ltd— Class A Hoyle Feb 1 Consol Co 10c A McMarmac Red May 36 %c Jan 46c class McKenzie -49c Feb 3,625 6% Grain Jun Apr 20c 85% 100 Jan Mar Apr 10,200 18c com_ Maybrun Mines MCCabe High 9%c 26c 1.40 Ltd Jun -25 v Ltd preferred 8% l2Va Jan 1 . Hinde & Dauch Canada HI Tower Drilling Oil 10,300 * Low 10c 21c " -1 ^ Massey-Harris-Ferguson Maxwell Range Since Jan. 1 High 10c "_1 Mclntyre Porcupine 67c May 12c Maritime Mining Corp Martin-McNeely Mines Shares 25c • 6.50 9.60 Mar 21 Ltd 45% Feb 11c 800 Oils for Week of Prices Low 1 _ 23 % Jun "7 343 Marigold Ltd 10% May ,v 5% May 36c Jun Mines McColl :./■ 27,000 10% C —100 ; 27% .. Feb 18c lie .—I;- , High wood Sarcee Oils Home 45,200 19c 1 Hendershot Paper pfd— Heva Gold Mines Highland Bell Hollinger 48c Jan '47 Va May I Feb 10 To 13 —i . Mines_ 5.60 6% May 21 Va 34c m Hasaga Gold Mines Head 255 16c 6% Gold 5% 2.00 Gypsurh Lime 6s Aiab— Hallnor Mines- .38 450 10c : Lake 3.40 2,435 ,/ 7 21 16%c 1 Mines 1 Jan 10% —1 Mines Warrants Gwillim 5% 44c Trust Mines ;.</ 25%c Jun 27Vac Jan ; Apr 3,030 44% V May 22% 5*2 — Lead 22 25 4,630 6.50 42 6% -10 Gulf 1,791 10% 6.00 42% -9c Gulch 46% - 2.40 May" 38 Feb 385 23 % 6% Guaranty •' 189,765 13c 2.90 A Greyhawk Uranium Gridoil Freehold f' t {■ 7% Jan 10c 46% III class 47% Mar Apr 2.70 6.50 Coal I8V2C 25 %o' May May 6 Vo •.< 200 Mar con Sales Range Par 32 %c Mar Jan 43 650 26 % common— 142 " 6 % 23% _ Class B 128 ""100 Week's Last Sale Frico High Feb 10c r Great Plains Develop - 21c common * - 44% Low 18c *2.80 * 1-1 Grfat Lakes Power preferred Great IIIi Gold Mines 14 Friday 15,500 1.95 44 6 Va 6(2 JUNE STOCKS : 25c 1.90 1. ENDED Range Since Jan. 1 High 18c * common ■ Low 1! —, Goodyear Tire Canada 4% preferred' WEEK for Week Shares FOR Sales Range of Prices Last Sale Price Jun * 1.21 35 2.05 Parbec 11c Jan Pardee 1.85 Jun Pater 34c 8% Apr Apr 92 Feb Peace 19c Jan 62c Apr - Amalgamated Preferred _ _ 865 100 54c 27,350 42c 64c 52c IOV2C Ltd com Feb 57c May Jun May Apr 74c 312,460 21c Jan 74c Jun 10c 10 %C 6,500 8 v2c Apr 13c Jan 7c 7%c 9,000 7c Mar 10c 93c 14.433 54c Jan G8c 76c 55c Apr 18c Feb 23c 10,250 16,000 15% 14% 16% 16,152 14%- 14% 15% 5.60® 46 46 75c 22c Gas new 16c 34% 143 Jan 86c Mines— Mines Nat 42,766 43c Consol River 81,375. 32% 49c 7c Pembina Pipeline 16c 28 % 1 Oils Mines Urunium 14 %C 137% 139% III* Hoc Mines Paymaster Jan 89% 137% Porcupine Paramaque 31% —1 Tubes Western 1.30 May 11 %c Jan 14 %C Petroleum Hersey _i_ 1.25 ...50 ■ 21c ! ' 80 9 14% Jan 26 %c May 16% Feb 18 Jun 45% Mar Jan 1.28 May 95c * 48 Jun May % May , 45 Chronicle The Commercial and Financial 46 . . Monday, June 17, 1957 . (2842) CANADIAN MARKETS RANGE Sale Price "i'V Penmans common — —. Oil & III2 preferred— Per mo Gas Perron Gold Mines Oil Peruvian Uranium Development Ponder Oils 71c 69c 1.80 2.03 1.05 61,700 1.52 1.59 12.210 1.30 1.25 1.35 12,315 3,700 Power Corp IOC 10c 11c 12% 05C IIIi _. 89c 78c 1.00 78 % 80 4.50 4.45 4.50 7%c 9c 87 1.55 1.35 7.90 8.00 6.00 0.80 15c Jan Triad Oil 13% Jan Tribag Mining Co Ltd Jan Jun Ultra 55 Jan Jun Union 7c 88 Acceptance 2nd Union preferred Jun Apr United 8.35 Mar United 2.35 Jun 1.16 Feb 3.25 3.55 51,578 1.70 Mar 12c 10c 13c 35,500 10c Jun ;; Fuel Class 3.95 Mar 1.75 May Gold— Quebec Chibougamau Queenston Gold Mines Quemont Mining 12 %e _-i 8.25 13c Apr United Jan United Oils 39c 45c 2.00 2.05 19C 19c 20c • 13 90c 13% 33c Jun 2.34 •63c May Jan llc 8.00 Feb 35c Jun 1.79 24,155 Feb 8,112 15c 13% 3,157 12 1.00 18,650 90c Jun 3,533 70c Mar - May Jun May 1.25 Jan Mar 28c 10% Mar 80c „— 08c 1.52 1.02 22,700 lie lie 12c 20,750 1.50 1.50 400 1.45 1.45 1,300 Ventures 19 Jan Violemac Jun Waterous • Royal Bank of Canada Royallte Oil common 1 Mar 2.05 Jan 23c 19C 27c 427,600 16c Jan 35c 1.40 1.23 1.48 278,571 21c Apr 50c Mar 1.82 May 1.00 Jan Feb 25% May 13c 14c 20c 19c 21c 76% 76 77 ___ 0 Jan 9c 35,800 15c Maurice 11% 1,525 10% Feb 12% —• — i_. 2,500 lie Apr 17c ! _ Sand L Mar 16% Mar 18% Jan class A P Mar 96 90 94 Jan 98 48.150 73c Jun 91c 28c 20c Jun 40c Mar 53c 58c 14,350 5,400 45c May 68c Jan Wood 43c 59c 1,014,590 13c Jan 70c Jun Wood 1.48 64% 68 450 1,71* Jun 115,100 „■ 1.27 Jan Jun 60 1.82 Jan 80 Jan 1 3.50 3.00 3.50 26,550 2.10 Jan 3.50 Jun Scurry Rainbow Oils Ltd 50c Security Freehold Petroleums • Shawinigan Water & Power common..' 3.75 3.45 3.80 72,329 2.50 Feb 3.95 Jun 4.90 4.80 5.15 33,475 3.60 Jan 5.50 1.07 2.25 27% 25% 27% 27% 26 27% ■ „ 1 m nr -r rt jr'rr — w wr I.B ju .jji Cement ___ Class A common., Sheep Sherritt Gordon Shirriff 1 ... 7.00 80,502 14 15 6,893 29% 250 Ltd 96 Jun 90% Mar 101 Jun Jun G5c 89 ; 5.90 Jun 9% Mar 15 Feb 24% ; 21% 674 20% Apr 23 20% 5 20% Jun 4.45 1,000 14 %c 14c 17c 170,000 07c 69c 3,510 44c 50c 12,000 10 10 10 50 ID 18% 19 2,565 85c 86c 8,025 5 5% 664 • 5% 4.00 May Jan 9c Jun 65c May Jan 4.55 Slocan Roi Van Bouris • 1.05 Jan 1.03 Valley Southern Oil Union Yale Lead 5% Yukeno Btadacona Standard Zenmac A .. 23,815 27c Jan 42c Jan Brown 43 & 3(jc Jun — __ 42% 42 43 Jun Bulolo 3,40 3.40 5.10 17,485 3.15 Jan 6.40 Apr Canada 3.i0 3.75 6,210 3.30 Jun 5.00 Apr Canada 1 3*60 3.60 3.90 1 147 1.32 1.50 191,557 60c Feb 1 25c 25c 27c 104,640 10c Jan 71% 72% 2,933 CO Feb 8c 8%c 3,500 7%c Mar 22 16,793 17% 23% May Mines htu_ -l » 713/, "I* ____IIIIl Mines 21% preferred River 5 5 5 200 * jo 10 10 15 1 oqr 38c 42c 67,850 llc 11 %C 8,500 * 1 llc Mines Cons IIIIl 3 00 -1111111 3.50 45c 11.151 9 17,838 20% "35 3.15 7% Preferred 3.00 40c I_Ii Exploration Superior Propane common Warrants 20% 3,040 in _ Gold Sudbury Contact 8c 500 20% 100 5,315 Cons common 3.30 3.90 ■> 4 50 4.50 4,95 550 * Petroleum Ordinary 20% 19% 6%c 21 4,985 7c 13,500 3.95 4.00 400 1.60 1.75 80,800 II_50c Gold Industries ♦ ~ IIIIIIIl Gold 1.62 3,855 34 Mar Feb 3.50 Feb 4% Mar Jun 10 Mar 30c 9%c Jan 2.75 May 35c May 4% 19 1.35 Feb Apr Jan 3.50 May 17 Mar 6%c May 5.05 Mar Gold 3.65 3.65 38 38 170 Tandem common . - - 93 *38 Teck-Hughes Temagami Texas Gold Mines Mines 5 May Dalhousie Calgary 15c Feb Dominion Jan Dominion Glass 21% Feb International 3.90 Jun Jun Loblaw Apr Apr Maclaten 12c Tip T»rbrit Toronto Toronto Gold Mines Silver Pend Price 2.69 Jun Third 4.90 Jan Yukon Jan Zellers 63,010 50c Feb 10,000 80c May Dominion Bank Elevators —I 1 III 10 I_III~_* Toronto General Toronto Iron Works common Trusts Class A Towagmac Exploration enp __j 611,058 .11 C3c 200 39,500 23c Jan 40c Apr 1,700 33c Jan 75c Mar 16c May 10 Feb 11 19c Jan 63c 36c 1,000 34c 45 44% 45 1,307 18 18% 150 42% May 18% Feb 36 336 32 36c 35% 30 29% 12%c 30 30 29 29% 570 12 %c 12 %c 1,500 22% May Jan Feb 20 Feb 12c Feb Funds Sales Week's for Week Range of Prices Range Since Jan. 1 Shares - High LOW Low High 32 32% 8% 31 33 8% 32 V* 15% 15 V2 15% 3.80 4.05 975 14% Mar 3.80 Jun 21 Jan 25% May 18 23 % 18% 780 17% Jan 20% Jan, 32% 3 95 23 23 - 345 830 1,205 ,, 2,678 50 Apr 39% Jan 8% Mar 10% Jan 35" Apr 17 Mar 31% 29% Feb 475 27 12 Mar 30% 13 13 30% 15% Mar 30 19% 19% 19% 1,110 3.50 3.55 850 48% 48% 4812 427 36 35 .33 35 1,841 33 32c 29c 32c J~T3,121 Jun 14 May 28 30 13 Apr 30% Jan 150 1,321 4.50 Feb 31% May 20 May 4.10 May 3.10 May 52 Jan Apr 39 % Jun 47c Flour Oreille Paper Jan 50c Apr 25% 2634 1,869 19% Jan 27% May 66 66 50 51''- Jan 68 Paper- 21% 21% 1,742 35 99 34 98% 35 99 350 29% 218 90 2.50 * Gold Mines 1 Bros 64% 80 31% 45 31% 45 31 Consolidated • Jan 360 10 975 1.600 4.15 2.55 2.55 100 52% 5234 700 Corp • 6 6 300 1 71c 80c 12,500 31% 31% 150 ; FOOTNOTES FOR OUT-OF-TOWN AND Apr May Feb 49 Mar a - 47% 22 Feb Feb Jun 28% May 103% 64% Mar 80 May 37% Feb Jan Jan Jun 70 93% May 80 May 34 Apr Mar 46 Jan 30% Mar 38 May 40 4.00 Jun 2.50 May Apr 49 5% 54c 2334 Apr Mar Jan 5.20 Apr 3.40 Jan Jan 59 eYe May 89c May 31% Odd lot sale (not included In year's d Deferred delivery sale (not Included in year's range), 36 May 30 May e 31 May f Flat price. Feb r CANADIAN MARKETS Ex-liquidating dividend. (Un) Admitted to unlisted wd When delivered, t No par value. range). Jan 20 23C __ 5 275 • Inv Trust. Gold 4.00 1 2,165 80 31 % 45 32 80 29% * Canadian Gen 68% 90 64% 87 6 * common Mines- 21% Feb May * s Weaving- . 26% 16% 5 1 Ontario Wire Jan 20c Jan • 31,700 1312 - • 7"* 26c 55c 1.25 36c * 20 _ 17V2c 11 • Mines 98c & & Pa to Consolidated Mar 90c IOV2C 6c 45c 5,033 -- 66 Ltd - - ; Power Minnesota May IHTTIII""* Top Tailors Tomb ill 41% Mar (1956) Paper Inc Niagara 16c 83c J May Feb 1 7.50 International Utilities 4.95 21% 55c 82c Apr - 30 * . Jan 73 c 1.93 1.35 Mar - 34c " ■ A" common.^ L' \ ; " --la Gaspe Copper Mines May wZo ;h " ♦ Oil Jun 9c 1 tdll * May 35c Tec ' < 1 29c 1 9 480 • Mines t Z-9: 1 _r Bridge 4.10 10,125 ____ Thompson-Lundmark Tiara Apr -an 8c * common 45c 577,832 Jan 1.61 16C 8%c i Jan 9%C 20,500 2,000 13,345 37c * Jan 52c 1.55 ; Paper 59c 16c 3.00 Feb common— Westinghouse Consolidated 38% 7,700 1.45 t. f Jun Feb Jan 38 243,618 9c !, ' 1 Jan 20c 10,400 llc 1.60 ; * T__i common Cottons 17% 10c 3.45 25c Jun 11 Feb Jnn Exchange—Curb Section ___* Industries 48c 2.69 Bronze Canadian 14„ 3.10 1.15 - ■ 2.60 10 (4 May 1,050 8,903 1 Jan 100 Feb 40c * Vinegars Canadian Marconi 4lc 2.00 5 Canadian May Jun .%n 75c 8C 5 "__1 llc Jan 9 24 : 33C • Dredging—^ 73% May 1.75 1 11 T 1.49 10c 1.53 Sale Price General Investments 5.50 1 ___ : 20c J 10c . Canadian Jan 37% May ' Jun 39% May Jun 93 35,300 8%c . Dominion Sugar, & Canadian 1 Mines Taurcanis Mines ' Jan 3.75 37% May 25 1.02 10% 1.30 11 ; 1.30 25c 93 1.00 1.00 Last •': Canadian '1 __ Jan May Feb 1 Jun Ogilvie Tamblyn llc 3.25 —1 h, May 1.50 34c. 3.50 May 1.10 7%c May 25 38 ■ f •!'■'' Jun 8C ___, • ■ Jan 1.84 Mar 24c 25c _ Corp 1 Co ————2—2 1 _ SyWanite 11% Com Oil Switson 36c 1 Feb Feb 10c 19 * Mines Anglo Canadian Pulp & Paper__i Anglo Newfoundland Develop Materials Gas Iron Press Inlet Jan 38c • 1.00 v Jan Asbestos Sunburst Surf 60c Mar Canada Supertest May 78c ♦ 800 297,400 Apr Par Feb Mining Sullivan 34c * 10% 20c Jan Mar Uranium Sturgeon 4,000 30c 3*70 Rock Stovel 37c May 8 Nickel Stuart 35c 24c 10c 1 - 21c Oil Steep 16c 1.05 A/r Hi- May ' 2.90 2,480 Apr 1,290 Stan well Steel of 500 Jun 8,500 STOCKS Jan Jun 45 691,420 Starratt Steeloy 26c 15c 48% 9%c May Mar Canadian 73c Warrants Stanrock 35 6% 8%C _1 _ 9°% 12 Jun 89 33 202,650 Toronto Stock 11% & | 9c ,«. . Oil Bear 20% May 10 Mines Jun , 12c ——5 ; Metal 65c Uranium 28 19% Mar 1 17% ; Mining Zulapa gsc Paving Stanleigh j 17 :iiioo Zinc__ & Mines 10% Oils Jun 10c Jun 4,600 2,290 - * Mines & 27% 1.70 ' * Spoouer Jan 18c „z *, Wright-Hargreaves 1 37c j 18% 3,540 v 2,295 3.65 Preferred ' Woodgreen Copper Woodward Ltd .class Oils Air Apr 10c — jf.« Services Spartan 3.90 17% Apr Jan 45 r • (John) Indus class A Jan 11 10c I Jan Jan Jan 11 66c 9%c Apr 6.50 1.00 Jan 63c Jun May Jail 45 jqc 50 1.35 { 5.00 Mar 5" 3,400 18 %c May 9 26c Ltd preferred 46c 900 ;' 1.00 Friday Somerville j Apr Jan 35 %C 3.00 3.00 > Jun 22" 4.50 1 Manufacturing May 29% Jan Jan 1.85 12,000 ~22c Alexander Yellowknife 4.00 • - Feb 7,000 ; 89 • 8.10 Jan ' Jun Apr 26 Jan ♦ Mines 21% • Ltd 1.98 18% 1.12 25 11 __ 1 Mines Gold Winnipeg & Central Gas Canuck 20% 1 Feb !?;> 15% May 1 T arder Winchester Windward Yankee 21% 50c A 'j Jun 1.85 1,75 1 ; Yellorex 1 class May 1.70 '•' .—III 1.35 Mar 1 Dairies Mines Feb 80 20% • Standard Mines D 5.90 28 Mining Silverwood K 3,500 14% Silvgr-Miller Mines S 45 70c 28% ; common Silanco Simpsons 101 • oommon Breweries Biscoe 6.05 101 25 Horsey Voting trust Sigma Mines Quebec Silver 840 " 95% 65C 50c Preferred Sicks 93% 101 • Gold Creek 93% 53c 17c 10% ■■ Apr Saskatchewan t 16%c J-an 9%c Jan 20,452 6.05 —100 ■' Warrants 91c 65 — 2.70 1.01 t Wiltsey Coghlan 96 1.65 • Debentures 1 ' 2.10 • A " Sapphire Petroleums Ltd Jan 470 6.00 1.05 , * Preferred 55c 1 35c 1 46c 1 Gold River 4 Feb 20,100 2.10 :Z, .^r— Petroleum (Geo) CbRS 20c 25c 1 ! Jan " * Lea'seholds Naco Weston 82c 1 . Apr 25,500 ♦ Warrants Jan 15% May ! 4.70 54c 370,744 1.98 j Feb Feb 51c l.TTj Jun % Mar ' 37c 1.93 ;i_— 18 81c ' Jan 13 j ' 12 %c 14%c •; 2.65 Jun 11 96 Gas Michael Uranium Mines Ltd 8an Antonio Gold 8t 13c 2.65 38 27 class A pfd 5% St 40c . 82% Feb 12% Jun 'a- 22c Jun 2.75 Mar t 20c 1 Jan 100 50 May '] Jun 2,245 80c * 7,500 Petroleum 23% 14,509 10% r Jan 5,600 Decalta Jan 10% ' 2.00 Mar Jun 27c Western Western 38 16 ' j 13% 25c 17 Western 23'/a 13% j Jan 7% May " 5,600 26 Feb 20 13% 1.65- Jun 3.25 jJan 29c 5.00 38c 41 %e 38c 17 May 38 16% • • common J j Jun Jan 35c 25 %C ' 4.30 4.10 4.10 26 May r 11 %C 11%C Corp Jun Jan 23c •44% Feb 67% 7.8O0 26 25c 11% Cement class A Lawrence 24c 23c "17 Vv St Jan 4.50 , Jan 2.95 r" 1,525 1 i Willroy Mines St Ld-wrence May Jun 50c 14,185 13 ' 5 77 38 — 'i 2,250f 82% 12 >2 , 1 * , Mines ' 73 V4 Breweries Jan 22% Industries Nickel Products Mar •9c 27 85c May 1.30 1,825, 13 Canada Westeel 64 16 25 Preferred 8.00 Western 2,414 44,550 v May Jun 2.00 * 18c . 7,700 . 79 ' l_~r_'—* Maygill Gas Oil 75c 10 • ___•• — Equipment West 23c Feb mil Oils • . May 1.00 *150 80c ' Petroleums Ltd— Apr 50c 13% 18 Jan 10c 14,000 4.00 7.75- 3.00 793,160 ; 1.70 71c 7.80 Malartic 12c 5,600 7,256 Jan 4.40 May 3234 Mar ' * 20cy 3.9Q 73c 400 44.200 2.00 1.60 Wespac 20,095) 83,498 Feb 65c, JWay 222,240 1.65 1.69 West 15c 63c 85c 21 25,576 ' Jan 15,843 14c 58c 25% : •' s 1.10 18c Jan 2.10 24 Apr „ Jan 17c Jan 14% Feb May 6.40 F'eb 1.73 25 13c 40%- 44! 20c Lake 14 %c 71c llc 7,600 ■ 4.50 12c 12c Werner 1.25 May 73c 69c 44% 2.10 Mar 35,550 24% 4.50 May 870 25% j^6c 4.25 1.00 May 72c 2.10 # 60 " Wayne Petroleums Ltd__ Webb & Knapp (Canada) Ltd——,___1 Weedon Pyrite Copper—: 1 1.90 May 06c 50c Pete Ltd—. 25% Feb 20c . 89 2,275 15% 69c " Apr Jan 1,500 15% Jan 56 39 •135,600 *-1 1 Walker G & W 1 <A V) Can Ltd Rowan Consol Mines 15% 12%<J 45 • 1.60 Mines Amulet Waite Jan Feb 1 Roe 7.15 May 225 3.55 3.15 Wainwright Producers & Ret—; Apr 1.05 1.90 23c 1 „— 4.70 ——•—______—1 Oils May 6.65 May v 5.50 Mar 16,400 . 12c 12 %c * Mines 86 Jun 1.49 Mar 1.35 1.80 1 Rockwin Mines Mining Jun 1.45 May 65 B class V'--' 58 4.50 __r— Mfg 6% May Jan 5.40 3,200 16c 58 62 2.00 Rights Viceroy Vico Explorations 6% May Feb 62% i Jun 91c Jan 7 •' ; "• — Feb 1 » Russell Feb llc V Ltd Apr 06c 1.45 r I Mines Ltd Rix Athabasca Uranium Roche Mines ,— Ryaner May 1.35 , —t ■ 6.80 13c • ,—2 1 '•*' 27c 1.25 May 37c Jan 1 Rio Rupununi Roxana 60c 1.58 - 1 Mines __— Rexspar Uranium Rocky 55c 17,000 4iOC 1 1 X ftenabie Richwell 1.17 110 1.12 Raiaville Mines Ltd Rare Earth Mining Co Ltd Rayrock Mines Reef Explorations Ltd Reeves Macdonald 6.55 58 Alloys _'L_—.—• Vandoo Consol Explorations Ltd. 1 Vulcan 90c 1 Mines Uranium Radiore ' ' ••' loo 2.380 Jan '.i:K "• Feb 3.85 24,073 Vanadium Jan 2.87 -i : 8% 3.55 Products ' 100 3.80 —:—.—'i_——1 Canada Mines Upper Jan --V 78%. 62 __L——1— Steel Corp • 5,771 4,100 45c Jun 1.01 20,700 8.80 12 2.05 , # ™miiii — %C 8.25 :;ini:iii ,— 70c 68c 70c . Quebec Copper Corp. ,— Quebec Labrador Develop,.— Quebec Lithium Corp Quebec Manitou Mines Quebec Metallurgical 1.17 26c May ' » Montauban 3.75 —: Hill Keno 18c 25 %c 2,681 22,600 2,050 28c 1.05 class A pfd Inv preferred B Universal 25 %c 23c 77 . 6.70 —1 —1 _50 25 —_— United United 28c 55c Feb 8% 77% __•* Mines Estella 8.80 3,260 Mar 5.40 —______— United Asbestos Jun 10,200 28c 20c , 6% 6% common—— Jan 9.00 Apr 739,753 91c 5.65 1.65 Jan 1.73 1.15 71c Canada.— of Gas 6.00 2.70 1 90c May 5.600 29c —-1 Apr 32 14,000 50c 22c 49 Rights Mar 6.75 v, 1.03 —_-l %c 24c Feb 7.25 May 34c Apr :'• Jan 13c Apr 2.40 Ltd Minerals 18.975 1 —r—__r_J Shawkey Mines Apr 5.90 3.95 Mar 3.50 Ltd_ 80 85Va May 1.10 May 29,200 7.50 7.25 145 Feb , Jun 3.25 Apr 3.35 May Feo 17 May 48 Jan 21c 2,495 Jan 1.00 7.35 104 5,200 29 ' 26'2 Jun 40 Apr 25c 24c 27 —* —* 3,987 118% 124% 118% —• Resources Pipeline.. Trinity Chibougamau 75c 46% 1.04 Prospectors Airways Provo Gas Producers 2.00 Prairie 2.00 Warrants 1.20 22,896 Trans Jan - 10,639 1 10.780 3.25 Transcontinental Feb 1,250 6.70 i_ii $.55 Jan Mar Mar 3.05 Empire Oils— Trans Mountain Oil Pipe Line 50c 39 2.36 1.66 55c 37 450 High 42% Apr 3.20 1.60 May Trans 38% 5J / 2.40 1.83 10% May 45% 36 Va 40 Jun Jan 40 2.164 Explorations Ltd—-r-X * Canada Feb Apr Low 41% 48 preferred Trans 41 45% Jan 7c 25 1.65 Jun Range Sirce Jan. 1 High 41% 45% 2.25 May 1.50 Jan 21,025 87 Jan Low Shares 45% 5% 1.20 300 7%c * for Week * A class Jun - 310 1 80c Finance Traders 1.15 137,500 80 " May 3.90 Apr 1.40 11,400 2.245 .100 East Dome Uranium Mines— Purdex 43 % nil Oil ROf Border Gold Premier Trust President Electric Premier Proton 65c 42 % * Prairie Pronto 64c 43 * 26 Jan 1.20 91c 3,454 lOTa Jan 27c 113,500 12% Gold Rouyn 1.20 —1 River Powell 1.36 1.40 — Sales Range of Prices rar High Apr 2.30 6,100 94c „_Ii Pitch-Ore Powell 26,130 1.90 • __ 23% : 469,560 1.52 Ltd Mines Gold of B C Placer 3.75 97C Crow Gold Pioneer 3.50 1 Phillips Oil Co Pickle 5 26 80c Petrol Oil & Gas Jan. 1 Low 1 Minerals- & Range Since High 26 3.55 Week's Last Sale Price STOCKS Shares of Prices 26 14 JUNE ENDED for Week Low Par WEEK Sales Range Last FOR Friday Week's Friday STOCKS wi When issued, x Ex-dividend. y Ex-rights. 2 Ex-stock dividend. Selling ex-interest, Cash sale (not included in year's range). trading privileges, Jun j ; " Volume 185 Number 5647 .. , The Commercial and Financial Chronicle . (2843) NATIONAL LIST OF OVER-THE-COUNTER SECURITIES Quotations Industrials and Utilities Bid 1 4% 1 35% 42% 28% - 10 37 % 39% 42 2 Sjd"/4 5j 27% Co Arkansas Bareco Oil Bates & & 18% 14% 49% 27% 5 17 Va 181/8 19% 35% 5 •"* 10 Corp Beneficial Corp Berkshire Hathaway Inc 11V4 8 Va ♦ 45 Va 49 % 23% 25 % & Bi-yson Inc com 1 Inc 1 30% 32% 6% 7% 19% 21% 24% 26% $1.20 preferred__25 Sharpe Mfg Co Brunner Mfg Co Brush Beryllium Co Buckeye Steel Castings Co Bullock's 10 .1 Kendall Kentucky 10 39% '42% 1 Inc 16 38'/a — 14 V* Burndy Corp Caliiornla- Oregon Power Co__zo California Water Service Co 25 Calif Wat & Telephone Co_12Va Canadian Delhi Paper Serv Gas 7% Citizens Util Co 16 Vo Radio Class B Colonial Co 19% 32% Marlin-Rockwell Corp 22% Marmon Herrington Co Inc 17% 33 Vic 19 15% 1 com Vb 16% 8 . 8% preferred 5% 6V4 18% 8% 9% Copeland Refrigeration Corp Company i_ i_ Cummins Engine Co Inc 1 15 16 Va 5 36 % 39 _5 57 Va 61 % vtg—H 8'/4 1 com 8% vtg Oil Corp__ 1 Detroit Harvester Co Doeskin Products Donnelley (R Inc R) & & Bush 19% r 24% 3% Corp 1 7% 1 30% 32% 10% 12 _2 16% 17% 8 „ Utilities Montrose Oil A Penn (Texas) 34 '/a 11 11% Otter Tail Power Co 8% 10c Foods Co Miss Coal River Prod 54 8% 39% 247 21 Vb 22 % Co Garlock Controls Crude 26% 28 vb 33 % a Pendleton Tool Pepsi-Cola Plymouth Polaroid Indus General Lumber 1 Bottlers_^l Corp Rubber Corp General Gas Corp Telep Genl Tele 5%% 2.50 (Calif) Co of 5r, pfd__20 (A Cement Co____l Giddings & Lewis Mach Tool Co_2 Great Western Financial Corp.l P) Fire Brick Co.. Green Mountain Power Corp Gruen Industries Inc Gulf Interstate Gas Co 5 8% A Controls Company New Hamp Purolator 19 20% 28% 30% Richardson Co 45 48% Riley Stoker Corp 23% 30% River Brand Rice Mills 1 6y4 11 % , 6% 34% 37 39 42 ,2 25c 4% 59 % 63 Vb 18% 26 % 37 39% 9 9% 17% 5 Resistoflex Corp 17% 24% 30% % Inc__3y2 • 1 Corp Rockwell Manufacturing Co Roddis Plywood Corp System 25c San Jacinto Searle Seismograph Service Ccrp 8% Sierra iG D) Pacific & Co Power Co Eagle CHI Whiting Corp 22 % 34% 5% 69' 18% 36' «• 43% 19% —lUc 12 9 19 20% 28% 31% (Rudolph) 26 27% 14% 16 Co 13 Vb % 10 9Va IOV4 1 39% 42'a 19 Vb 21 America Co Natl (N Par 37 Trust Go (Phlla) Irving Trust Co (N Y) Kings County Tract Go 40% (Brooklyn 309 (NY)_5 23% 61 Vs 64 (St * " . . 58 10 39% Trust Natl & Co 5 of Cleve__16 25 Va 26% 34% 37 % x37% 39% (N J) Bank Southern t Co 111 48% 42% 51 • > Manufacturers Tr Go (N Y) 35 ' 61% 57% National Bank ! Trust 62 84% Natl 38 25% 87% . 50 179 31% 37 First Bk Stk Corp (Minn) First Camden Natl Bk 61 Tr " 51% ' 38 v4 & 10 St 52% Louis Union 63 Second Natl Bk (N Y)„20 63% 66»/a New Co ton (N Y) Industrial Bk of Com Industrial Natl Providence R 31% 49% (N 46 49 Trade Bk Trust Co Co 68 42% 44% 430 Name Bank 458 29 33% 44 47% 37 Vb 41% 10 19% 21 2% Tr 9%| Co A Tr Co of New of North (N Y) Jersey Amer 52 Union 15% 17 % United 32% 36 Va 33 (N Y)—10 57% ——10 35 Va footnotes see North BauK. of America Tr Co Commerce— States 10 of 42 45 Va 10 Maryland Trust 44% 47% Go— (Boston) 10 22% United States Tr Oo (N Y)—20 Valley Natl Bk (Phoenix Arts) _5 66 69% 26% 28 Vb preceding page We make Markets in two out of every three of the 16% 27 17% 19% 8% Industrial & Utility Stocks quoted in the above 9% 53 National 57% 74 2% 45% Over - the - Counter Securities. 48 % 12 of 78% 22% list 13% % 49 % 52% 49% 53% 1 7% 12% 14 v* 22% 24% Your orders A inquiries are invited TROSTER, 19 Va 1 HA 2- 2400 SINGER & Members: N. Y. Security Dealers Association 74 10% - (Cleveland) Bk of I A changed to of Union 31 '/a Bank 31 10 Albany Bk Y) 29% 65 Vb f of Natl 27% 20 66 29 Bank Sterling (Union City)—8 10 76 V» 46% State 25 9VB x71% 28 43% 10 10% 61% 32 (Chl)„100 37% 83 v» 17% 10 Phlla 28 Va York—10 Bk & Tr Co County Natl (Jersey City N J) 34% 79% 20 of 41% (Franklin Hudson Hudson Tr 20 10 Banking Tr & Sav Bk Natl Co Security First Natl Bank (Los Angeles) 12% Security Natl Bk of Bunting- Trust Harris Trust Mass) 72% Bk_15 135 Bank-State Street Trust (Boston, 66 Exch 16% 35% 59 Vb Guaranty Trust Co (N Y) Hartford 38% 30% Royal Bank of Canada 10 Royal State Bk of New York—5 Rye National Bank (N Y) 2 322 33 Vb 5 of 36 Va 28 10 Corn 57% 15 10 (Phila) Louis—20 Y) 54%. 9 58% x49 25 Bank J) Boston First Westchester Natl Bank Hanover N Tradesmen's Bank Trust Second (Phila) 76'/4 464 44% 312 Dallas—10 (Jersey City)—25 Rochelle 72% 440 41% First Nat'l Bank Trust Co Trust 25 100 55'A 33% Glrard Y) Riggs Natl Bk of Wash D O—21 Rockland-Atlas Natl Bank of 68% Square N (N (Chicago) Co 20 65% Paterson Tr Republic Natl Bank (Dallat)_12 31% Bk 45% 48 35 Trust Co 35 Vb Bk Franklin Natl 42%, 12% York Provident National New 29% 58% 63 First Trust Co 27 54% 31% First Natl Bank of Boston—12Vb First Natl Bk of Chicago 100 of 57'A 21'A 65% 73 % 35% Pennsylvania 54 19% 61% * Eng Trust Co (Boston).100 22 First * New 81 % 20% First Natl City Bank 44 342 69 33% St 59% 40% 328 59% 10 of 29 77% 6V4 (Atlanta)_10 Bk 7.50 Philadelphia Natl Pilgrim Trust Co (Boston) N J) Natl 22 122 Bank¬ 50% (Camden of Y) Essex J) (Hackensack 30% - Co First N A (N Nati Shawmut Bk of Boston. 12% Natl State Bk of Newark 40% 47% of 10 16 Peoples First Natl Bk A Tr Co (Pgh) 20 Peoples Tr Co of Bergen Cty 188 28Vb Bank 115 x55 27% (Newark Fidelity-Bait Nat Bk & Tr Co_10 Fidelity-Phlla Trust Co 20 Fidelity Trust Co (Pgh) 10 Fidelity Un Tr Co (Newark)-lO Fiduciary Trust Co (N Y) 10 Bk (Albany Newark ing Co Northern Federation Bk & Tr Co (N Y)_lo Natl 20% New 10 Natl ofDetroit of -Westehester_9 City Bank (Clor®) National Commerce Bank A 80 84% J) First 42% of National 245 29% Empire Trust Co (N Y) First 40V* 10 Bank Bank (White Co Nati National 35 Vb 5 Trust Brook Morgan (J P) A Go (M Y)—IOO 65% 232 10 Plains N Y) N 25% 42 J 33% Co 101 37 Freeport (N Y) 9 Mellon Natl Bk ATrOo (Pgh) 29 Mercantile Tr Co (St Louis) 25 Merchants Natl Bk of Boston.10 50% Trust (Chicago) 96 24 < • & & 20VB 3u"/4 Tr 37Vb 47% 50 (Paterson N J)_ Trust (b Ask - 62% v County Bank & Trust Co County .20 Bk (Phlla) 10 Long Island Trust Co (M Y)_ 10 National Bank 18 "A 32 Co < : 20 Bid 9 10 Y). N Liberty Real Kstat® 25% 16 Y) Bank 36% Companies Ask 23% 14% 25 21% 1 41 1 Co 39% 2 140 144 White 25% % 17% 134 20% 28% 18% 22 V4 33 10 Inc Petroleum 1 7% 24 37 3 Roadway Express class A 7 1 1 Robblns A Myers Inc Robertson (H H) Co Rochester Telephone Ryder 1 2 12% 137 7% 18% 15% 22 5Vb 5 ; For Rare Metals Corp of America Chemicals 10% 187 17% 1 Products Republic Natural Gas Co 8% 180% 1 20% 16Vb 6% 24-% 5 22 7% 11% ' 5 19 % 15% Hanna (M A) Co class A com_10." Class B common 10 Corp of Alegre Sugar Corp 20% 1 Sulphur Corp 10c Gustin-Bacon Mfg Co new__2.50 Hagan Chemicals Halle Mines Inc Punta 9% 5 • Gulf Mte Pub Serv Co of New Mexico Relchhold 20 Portland Green 24% the Southwest preferred Giant Pub Serv 15% 26% 31% 26 30% 6 10c Inc 37 % 19% V 21% 34Vb • 37-4 12% 5 Potash Co of America 23 ~ 19 West Point lnc_ 45% v Western Natural Gas Co 18% 11% 10% _l Coke Co 35 10 17 28% Portland Gas A Co 24 % • 2 Portland General Electric Co_7% Producing Properties 22% 3j/4 Co 17% i._0 8% 17% 15% 29% 2% 41% 7% 16% 14% 57% Co 39 Vb 6% 16% Co Oil 73% 15% 27% . General 16% 13% Vb 6% 54% _1 15% 12% 69 14% Paper.lO Packing Co Haskellte 10 % * General Haloid 15 Va 9 % 1 Corrugated Gas Service Co Gen 14% 31% Pioneer Natural Gas Co 23 Corp_2 Co 25% Co_—_6»/a Pan American Sulphur Co __70c 59 % 24% North Trust Continental & 56 Wayne 24% 9% Pickering Mineral 12% 18% 7 % 8% Foote 11% 17% 8% 58 % Ft 1 6%' 7% Frito 42 1 54 Vb 2% 38 5 Pabst Brewing Co Pacific Airmotive Corp Pacific Power A Light Services Jet ■60% 14 17 Va 9V4 27 va _5 Fanner Mfg Co 1 Natl Mortgage Assn_100 First Boston Corp 10 Corp Ltd 8% 25% • 22% Foote Bros Gear A Mach 19% 24% lc Corp • Fluor 18% 17% 22% 24% : 36 Federal 30% • Opelika Manufacturing Corp Ben 42% 33% 294 Trust Co (N Y) 25 Commercial Trust Co. of N J_25 Connecticut Bank & Tr Co_12% 29% ' 32 Vb 50% 27 7 17 1 Oklahoma 23% 36% 23% 25 % 3 Old 1 :• 27 5 10 57%. • Co Manufacturing Co—9 34% 100 Commercial State Bank * Northeastern Water Co $4 pfd_* 21 * Co 34 1 9% York New Cleveland Trust Co 44% 50c Co 5 (S D) Western Lt A Telephone Co—10 Western Massachusetts Cos—1 Bid (Savannah) __10 City Natl Bk & Tr (Chicago)-25 12% / 21%.: • Corp Northwestern Pub Serv Co 34% 13% 65 Bank 17% 12% 1 19% ... 7 "/a Oil 16% 42 % 8 Gas Co Commerce Citizens 73% 22% 1 Co 69% 20% Indiana Pub Serv Northwest Production 32% •> 36 % 40% 5 Centl-Penn Natl Bk of Phlla.lO Chase Manhattan Bk (NY)_12% Chem Corn Exch Bk (N Y)__10 50c North 25% 1 Co Industrial 6 Vb 20 Va Corp Swasey 67% 13% 23% Coal 23% 64% 40% 18% Gas 16% 50c Wyandotte Chemicals Corp— Zapata Off-Shore 6 21% American 20 Vb 48% 15% 8% 38 5 Corp Nortex North A Meadow 26 vb _ 18% 7% ,,12% 2y2 common 28% 45 % 0 Wurlltzer Central 1 National Shirt Shops of Del Eng Gas & Elec Assoc Nicholson File Co Norrls Thermador - i 9 7% Camden lo New 5% 15% Corp A tom_50c B 10% 31% 27% Washington Natural Gaa Co—10 Washington Steel Corp.; 1 A , Federal Class 2% 8% 19% I National Gas A Oil Corp National Homes 9 6% 14% 24% Mountain Fuel Supply Co 24 % 9% 29% 7% 18% 2 Co -22% 19% Par Louis) Broad St Trust Co (Phlla) 27% Co 24% 21 6% (Newark) _25 46 vh 7% Chemical 22% Corp. 1 S A 52% Inc— Inc T 33% . Minneapolis Gas Co 1 Mississippi Shipping Co_______5 Miss Valley Barge Line Co 1 Mississippi Valley Gas Co 5 North America Emhart Mfg Co Fairmont 23 27% Corp Paso Electric Empire State Equity Oil Co 12 2% Nat Gas Co 1 Eastern Industries Inc 50c Eastern Utilities Associates__10 Electrolux 20% 10% East Tennessee El 20'/2 19 25% Inc Corp of preference $1 16% Co__5 Inc Dynamics ; 18% 2 Bradstreet Dunham 21% 1 Sons DuMont Broadcasting Dun 1 ic Laboratories N 43 ZZl 1 America Francisco) Boatmen's 9% 15% 1 Productlons__2Va 9 Vb * 171/4 _1 (San 49% 1 - Missouri 20 1 Detroit Internat Bridge Co Di-Noc Chemical Arts Inc (Walt) of ' Bankers '31 Co—Zl6 National Alumlnate Corp Dentists' Supply Co of N Y__2'/a Detroit & Canada Tunnel Corp.5 Disney Bank 20% 17% Delhi-Taylor 38 Vb Class A common Continental Transp Lines Inc__l Ltd 36 Miehle-Gross-Dcxier 35% of of 72% Commonwealth Oil Ref Co Inc_2c Connecticut Light & Power Co_» Cross Bank Bank 22 Vb 32 Va 10 VB 24% 24% 1 36% 9% 22 */2 Williams & Co Inc. -2% Wisconsin Pow A light Co 10 Wood Conversion Co 9 V; Bank of 223 4 25 Common 6% 36%, 14 'T McDermott (J Ray) A Co Inc_l Miles 37% 33% Warren Brothers Co Bank & Trust 6%, r, 42% 3 com 35% 10 20% 12% > 13% 69 _5 23% Match 8% 166 : 19% 34% 1 39% 20% 23% 25 V h Corp 1 Gasoline Corp Petroleum 156 Warren 14% " 69% 1 21% 21 % 24 1 2% Warner 11% 38 1 35 vb 1 Industries Tool Valley Mould A Iron Corp Vanity Fair Mills Inc Vitro Corp of America 17% 5% Time Inc 66% Maryland Shipbldg & Dry Co_50c Maxson (W L) Corp 3 McLean 13% 11 Transmission Corp_5 National 32% Maremont Automo Prods Inc 27 % 16% 1 Natural ■ , 6% 25 % 1 17% - 34 ■ McLean Trucking Co cl A com_l McLouth Steel Corp —2% Meredith Publishing Co 5 Michigan Gas Utilities Co .5 1 . Inc Cutter Laboratories 16% 16 Vu Milling & Elev Co conv 211/4 13% 5% Thermo King Corp Three States Nat Gas Co ' 30% x21 7% 12 % A Utah Southern Oil Co 46 Va 7% -29% Pipe^nesZZZZZl Upper Peninsular Power Co 31 Vb 43 Vb Drill Universal 36i/8 27 Vb 1 I Texas 5 Mallory (P R) & Co_____ 15% Colorado Oil & Gas Corp $1.25 1 * 40 I/b Gas .1 1; 5 27% 7% 14% 5% Mig A Sales Co_ 17 Inc 24% 13% __i 22% 5% Colorado Interstate Gas Co Colorado 23 26% , 15% Corp Inc Texas 39 35% 1% 37% « 25 33% 11% .1 60c preferred 10 United States Sugar Corp 1 United States Truck Lines Inc.l United Utilities Inc 10 United Western Minerals 10c 33% 1 Wells Texas 37% 32% 1 . 21% - 35% s 36 % United 27% 10% Gas Pipe Line Corp_50c Tucson Gas Elec Lt * Pwr Co_5 32% 31% Ask 25% 1 Tracerlab Inc 21% 30 10 Corp Topp Industries Ino Towmotor Corp 8 20 111 Nat Gas Pipeline Co_l Texas Industries Inc 1 ' 6% cl B 7% 2.50 non-voting (O A) Texas 10% 5 Co 1 Tennessee Gas Transmis Co 5 Texas Eastern Transmis Corp_7 27% ; Lucky Stores Inc Ludlow 9% 25 com • 37% 3 America Steel Co Co Tampax Inc Tekoil Corp z, 26 Co Macmillan Co Madison Gas & Electric 14 V 4% : A Corp of Star Gas Bid Tokheim 18% Welex 4 35 . Button V 33 13% __;:1 common Stores 17% 31 cl A„33%c com Common class B Clinton Machine Co Collins 6 37V4 63 3% 1 ■6% Corp Co 34% 10® Lone • 24% 50c Blower Co Le Cuno Oil Corp Lithium 6 59% ::23% 3 Lau 10 y4 __10 25% 5 401/s Soya Co- Telephone Co 24 % —Z_ZZZZl0 Fibers 23% Utility Corp Central Central 8% Gas_5 Landers Frary & Clark 28% 9?s Central Louisiana Electric Co__5 Maine Power Co -10 7% 1 Co Glass 37% 3'/a 112'a 16 22 % Central Chattanooga 14% 2o% Central 111 Elec & Gas Co___,l0 Central Indiana Gas Co 5 11% • • Keystone Portland Cem Co L-O-F 30% Eng Tele Co__25 Corp 2% Stubnitz Greene Corp 1 Suburban Propane Gas Corp__l Buntide Refining Co lc 12 1 Co 8truthers 35% common 10 Corp 11% 1 ~ Co Koehring 40 28% Union Works 25 Statler Hotels Delaware Corp 1 Stouffer Corp ._i,25 Strong Cobb A Co Inc 1 30 33 1 Utilities Co 37% New Common 106% 28% 5 Serv Trans 2OV4 Stanley 102 ♦ - Co Liberty Loan Corp Lilly (Eli) A Co Inc Co Cedar Point Field. Trust ctfs_ Central Electric & Gas Co Central Vt Pub 22% 13% 17% „ 1 Supply- Public Trans-Canada 16% 19 * Co Steamship 16% J Products Public 42 21 1 ; Carpenter 35 % 39 % Canadian Superior Oil of Calif_l Ceco Steel 15 y. ■j. 33 % Petrol Ltd—10c Carlisle Cory Central 8'% 14% ■ 1 Kansas-Nebraska Natural Kearney A Trecker Corp Kellogg Co 35% • 16%' Kalamazoo Veg Parchment Co_10 Kansas City 15% Staley (A E) Mfg Stand Fruit & 22% Kaiser Steel Corp $1.46 preferred • 1 Co„10c Standard Register Stanley Home Products 15% 8% 7% - 1 23% 14% C0ZZZZ5 Jervis Corp Jessop Steel Co i47/8 Southern 44% 15% Electric 13% Serv Ask Par Southwest Gas Producing Co 1 Southwestern States Tele Co__1 Speer Carbon Co 2% Sprague Electric Co 2% 20% 22% 1 21% Water 13% 1 Inc 19% 41 _• Jack & Heintz Inc Jefferson 5 Southern 16 5 Jamaica 11% Pub Southern Nevada Power Co 69% Co—15 7% 5 Bowser 14% Co_, 23% Beryllium Corp Brown & .'66% 1 Utilities Southern ' Black Hills Power & Light Co Black, Sivall6 Botany Mills 4% common 10% __1 12% 4% Investors Diver Services Inc 12% 10 11% Interstate Motor Freight Sys 1 Interstate Securities Co II5 7 6% 22 73% 19% 6% l 10 Optical Co__10 27 69% Interstate Bakeries Corp Iowa 11 1 Southeastern Southern Calif Water Co Southern Colorado Power 10 39% 71% 23% 1 451/8 26% 68% 17 i 32 25 Indiana Gas & Water Co International Textbook Co A 24% 29% I-IZlO 37 % 18% South Shore 1 Ideal Cement Co ! Indian Head Mills Inc Class Asb 1 Co 42 _1 Co 29% Mig Bid Smith, Kline Bid 2 A French Lab 33 %c Oil A Devel Co_10o C°rP ■ 21% Co Iowa Electric Lt & Pow Iowa Public Service 10 __10 - Gossett - 21 33% Co Co Lomb 20 V8 13% 46 ,_5 Co Mfg Co Bausch Bell Gas 28 V 2 • Power Spring & 13"/* 1 Avon Products Inc Aztec Oil 31% 11% 26 Va 4 Arkansas Western Gas Co Art Metal Construction Co__ Associated Hycon ' 2% A Hugoton Production Husky Oil Co ' 29 y4 1 common Missouri class 29% AMP Partic preferred Arizona Public Service Co Co 14 1 Hudson Pulp & Paper Corp Class A common 31V* 35 American Pipe & Const Co 1 Amer Research & Develop 1 American Window Glass Co_12% Incorporated Anheuser-Busch Inc Voltage Engineering Hoover 4 American-Marietta Co High 38 39 % 1 American Express Co Amer Hospital Supply Corp_ Farms 5% 5 American Barge Line Co American Box Board Co Arden Ask Par Aerovox Corp -Air Products Inc Friday, June Par \ ■ Par for Trinity Place, New York 6, N. Y. CO. NY 1. 376 24% 47 Commercial and Financial Chronicle The 48 .„ Monday, June 17, 1957 . (2844) OVER-THE-COUNTER SECURITIES NATIONAL LIST OF 14 Quotations for Friday, June 25c 1.80 1.98 1.25 6.CO 6.56 1 3.74 3.99 Mutual Fund Inc—1 Fund Trust • Atomic Development 8.84 9.60 1.57 1.72 Affiliated American American Associated Inc 5.57 8.98 3.67 4.01 10.58 11.50 B-4 11.87 12.90 K-2 20.45 21.95 6-1 16.51 Mutual Fund Inc—1 America • Boston Fund Inc_ 1 Bowling Green Fund 10c Broad Street Investment 1 Bullock Fund Ltd —— 1 17.85 1476 General Canada (1954) 1 Inc Fund Canadian 14.39 22.66- Growth 8.89 8.13 1 6.66 6.08 Capital Venture Fund Inc 1 25.48 23.57 Century Shares Trust 1 19.26 17.81 Chemical Fund Inc 50c Christiana Securities com__100 13,700 14,300 141 136 Preferred —~-t~-—100 11.31 10.42 Colonial Fund Inc— 1 International Canadian Commonwealth Investment Commonwealth Stock Fund 13.44 18% De shares—lc 2.97 3.27 lc 3.12 3.44 6.97 7.64 12.22 13.21 Franklin Life 11.69 12.64 General Reinsurance Corp Mutual 12.24 Mutual 8.84 9.72 14.42 15.80 8.97 interest—1 19.75 14.26 Fund Dreyfus Eaton Balanced Fund .—1 Wide Securities Co Inc-1 19.01 National 3.08 Series 24.30 Preferred Slock 23.55 Income 22.03 1 Corp__l 10 Investment Energy Fund Inc Equity Fund Inc... 5.22 178.63 7.25 7.51 —20c 14.92 1 1 1 Industries Fund Inc General Capital Corp— General Investors Trust Gas 17.26 X15.26 16.68 13.69 14.80 7.33 7.97 lc lc shares_lc Institutional Bond shares—lc Merchandising shares lc Mining shares lo Petroleum shares lc Industrial Machinery shares -lc RR equipment shares lo lc lc Tobacco shares lc Utilities lc Growth Industry Shares Inc—1 Guardian Mutual Fund Inc 1 shares stock Railroad shares Bteel Price 10c , 12.82 14.04 li.id 1255 Scudder, 7.36 8.07 Selected 32.63 12.58 & Clark— Stock Fund 9.51 Smith 7.66 8.40 Southwestern 7.64 838 Sovereign 8.32 8 67 State Street Investment 10.31 11.29 14.48 1 Inc-1 11.28 12.61 23% 25% 4.39 Inc 1 Fund 1 8.91 Income Fund Investors Bank Fund 11.76 8.42 8.64 9.44 9.72 9.20 Shares_l 1 11.66 12.74 1 18.12 19.70 1 5.84 6.38 1 5.49 6.00 Ltd Canada 10.28 11.25 _ Line Fund Inc lc 10.56 12.99 Institutional Income Fund_lc Institutional Insur 4s 100.2 100.4 99.10 99.31 2.84 Nov. June 1, 4%s Feb. 15, 3%s Sept. 99 100 97.22 98 96.24 r — 97.2 95.14 95.20 99.26 95.24 95.30 100.2 94% 1972-1967 15, 100 99.28 — 1972——— 95 % 99% 1971 1, 99.16 98.24 1, 3%» May 99.30 100 99.28 ____ Ask 100.2 100% 99 98 - Central Bank for Cooperatives— 1957— 99.31 100.2 99.29 IOO 99.29 1C0 99.30 100 3%s Sept. 3, 15, Oct. xll.28 7.25 Ask 99.31 100.1 99.31 — 100.1 99 29 99.27 14, 100 99.30 1, —— 7.92 1, 1958 15, 1959— Oct. l%s Feb. l%s April 1, 1959 1%S 1959 1, Oct. April 1, 1960 I960— lVbs Oct. 1, I960— 15, 98.26 99.11 1 __ 99.18 1 VbS 97.20 97.6 96.16 95.20 94.18 99.19 93.16 92.8 91 99.27 89-28 — 1, 1961 lVbs Oct. 1, 1961— 3%s Feb 15, 1962—: 99.26 99.12 98.20 99.9 — 1958 April 99.30 Bid Notes—(Cont.)— 3VbS May 1958 l%s 1 %s 1 VbS 99.28 99.24 of a point Maturity— Treasury 1957 1957 1, Notes— 2%S Aug. 1, 1957— 2s Aug. 15, 1957 1%S Oct. 1, 1957— 12.28 1 Indebtedness & Notes represent one or more 32nds Indebtedness— of Oct. —, April Vbs April 1, 1962 Ask 97.28 97.8 96.24 95.28 94.26 99.21 93.24 92.16 91.8 99 29 (,0.4 3.10 1 Federal Intermediate Credit Mutual 1 Inc Wellington Fund 8.78 9.60 1 Fund 1958 1958— 1, 1958— 1, 1958 1, 1959 1, 1960 1, 1960 1962 14, May May 99.8 100 Bid 2%s June 15, 10c Street Investing Corp— Investors Bid 99.30 Stock Towne & Inc Washington 11.55 11.88 Wall 2%s 99.27 99.30 ——„ Wi 1958 Special Situations Inc Fund t 2%s Treasury ' Fund.lc Fund— Inc Income Strum 1, Oct. 3%s May 99 29 19o8 3%s ADril 15, 1958. 10.51 lc Van — 1958 8, 3%s Feb. 11.23 Line Fund 8.92 Growth Inst Foundation May Certificates 12.78 10.33 Science Fund Funds Value 2 78 — Maturity— 9.74 1 Continental Fund Value Line Fund 8.16 . : point 1957 1957 15, 3%s Feb. 100 Figures after decimal point 4.86 Institutional Shares Ltd— Mar. Apr. 10, 3%« 2.55 — 1958— 10, 1958— 3%s June 24, 1 100 100 U. S. Certificates of United 1 _1 Inc Boston 20, 10, 4.05s 13.74 3.99 1 Fund of 100 2 IOO 99.31 100 99.2 99.28 1957— n.94 1 Texas Value l%s Mortgage Assn— a30.44 6.94 United 29% Federal Land Bank Bonds— Ask 99.29 — 1958 42 1009 17.93 1958 1957 Feb. 4.10s 10 47 4.44 March 17, 14.11 39% Corp__• 9.21 17.40 2 Fire represent one or more 32nds of a 13.35 12.22 12.88 9.56 Income Fund 36% 27 % 15.87 1 1 6.33 United 34% 1957— 3.80s Nov. 1, 1957 4 %s March 3, 1958 ___1 Templeton Growth Fd of Can—1 United 27% 2 12.82 2.71 9.71 73% 25% Co in the Y N of 3%s 11.73 of Boston—1 Funds Inc— United Accumulated 87% 9.88 Fund Investment Fund 21 * 70 Fidelity & Guaranty Co—10 Fire 3 Westchester a36.26 9.13 Investors Inc Investors Fund S City a25.03 Television-Electronics Fund 17.38 U 110% 99.29 1958 15. Jan. 4%s 1 St'ein Roe & Farnham Fund 8.86 U S 99.29 ... 2%s Jan. 59% 1.25 Shares 5.74 16.87 1957 4%s Sept. 20, 13.67 57% 1 • 8.68 2.16 82% 42 Stevens Sterling 84% & Trust puar Travelers 39% 160 99.31 99.29 ... 1957 16, 15, 3.90s Aug. 20, 32.96 4s Inc—1 Fund Inc 971 Title 3%s July 1957— 15, Federal Natl Claik & 6.30 Income Foundation Fund Inc 10c Eaydock Fund Ire Institutional Funds Scudder, 14.54 Standard 2%s May 6.99 Scudder Fund of Canada 4.40 - Institutional 4%s 14.05 9.74 8.86 5 20% 28% 2 '/as 6.47 690 a24.26 H-DA Incorporated Incorporated 3.95s Stock 6.29 13.28 (N Y)—8 38 % 16.26 12.95 B) 61% 19% 36 14.96 1 (Edson 48% 58 % 2.50 1 Shareholders Trust 45% Springfield 2%s Feb. Fund Araer 31% Fire & Marine—10 Accident 10 19% 10.16 Inc Nuclear 71 29 (Texas)—10 Marine— & Fire Paul 22.34 (Geo) Stevens 66 66 % 70 19% Security (New Haven)——10 9.31 1 & St 22.12 Fund Science 62% 10 20% 66% 107% • 8.89 10c Income 15.64 July 2.70s Oct. Inc— Funds Series H-C7 Series 11.71 Puritan 11.28 6.25 Republic Insurance Federal Home Loan Banks— 9.95 10.30 53% 19 Obligations of Government Agencies 1069 Putnam United Hamilton 9.78 ' 9.08 14»/« 49 36% '.ZZZZi Fund Inc V 12% Reinsurance Figures after decimal point 14.27 Gnu Rowe) (T 2 (N Y) Corp 54% Bid 1 Inc 3.57 60% 57% % 44 x37 153 78 39% 55% 51 —10 5 10 10 Phoenix 36% 38 & C< Ir Indemnity Co Providence-Washington 33% 21.95 36 — Securities Philadelphia Fund Common Bond 20.30 .. Fully administered shares—lc General bond shares lc Railroad 18.92 3.28 Stock Fund_lo Electrical — —1 10.71 Inc Pacific 42 N Y„10 3.70s Sept. Fund Co Co of N Y.10 Insurance 94 V:' • -v* changed to Name 93% 7.38 Securities Peoples CO CO Peerless Insurance Co— 89 3%s 7.24 82 9.18 6.75 1 Shares 10 — Seaboard Surety Co 10 10 10 v2 80% 6.26 8.40 Ltd Electronics 11.96 6.61 (The) shares Food 5.73 —1 Chemistry Nucleonics (Minn) Pachic 29% 106% Jersey Insurance Co of 8.90 10.91 —— Equipment shares 1 Over-The-Counter 1° Aviation shares: *c Building shares— —lc Capital Growth Fund——lc Chemical shares lc Electronics & 4.49 8.19 Group Securities— Automobile shares— Common 17.42 4.10 —1 Inc 16.13 16.11 Fund Inc 5 Fiduciary Mutual Inv Co Inc—1 Financial Industrial Fund Inc_I Founders Mutual Fund • Franklin Custodian Funds Inc— Common stock series lc Preferred stock series -lc •Fundamental Investors Inc 2 Canada 34% 9% 76 31% of Co York of 28 % 32% 8.68 —1 Stock Series England Fund Capital Fund • New Fidelity Futures New 4.69 7.94 41 % 26% 12.50 Fire Insurance Pacific 4% 71% North Amer„5 Jefferson. Standard Life Ins..10 6.83 4.29 1 Series Growth 0.25 1 Series Series Stock 5.70 180.43 1 Series Bond 17% 50% 38 . U S Life Insurance 11.04 10.10 1 2 S3% 10 37% 47% 29% 18 5 Insurance Series Balanced ' 16 50 Home Series— 10-b4 River 83% % 35 % t 11.86 10.97 1 Corp Investors National Security 39% 79 10 5 _L——2.50 3.33 % York Fire Insurance 57% (Jacksonville Fla)_2% ,j>, 26% Hartford Steamboiler 12% 36 % 5 Hartford Fire Insurance Co 33% 58% 11% 10 5 5 American Gulf Life 20.56 of beneficial Interest 22.73 } ——.— Stock Fund Electronics Great 3.75 9.79 1 Inc — Hanover Fire 3.45 2.81 Howard— & Newark 31% Northwestern National Life 1 axli.aj Corn Dividend Dividend Shares of 38% 36'A 54% 95 3% 67% 27% 2.50 7.50 —4 F) (S A Northern » 132 54% 41% 51% 34% 103'% Fund Globe & Republic Mutual Trust Shares 19.25 317 10 Philadelphia of Assn Firemen's 10.78 1 305 126 91% — Fireman's 113% 233 Fire Hampshire Northeastern 83% 39% 89 Fire 109 224% 10 5 5 __ Corp class Amsterdam Casualty North :v'. 155 —4 Fidelity & Deposit of Md 10 ..Federal 15.42 9.82 9.83 17.03 29% (N J) 1.25 Assoc • Employers Reinsurance Corp—5 21.35 Foundation.__1 Shares New Employees Group Glens Falls Inc New Eagle Fire Ins Co Fund— Fund Invest Nation 2.50 25c E Series lc 3.98 74% Income Diversified Trustee Shares— 6.17 5.66 a44.39 4.32 Income 18% 35% 27% 2 10 Continental Assurance Co 5 Continental Casualty Co 5 Crum & Forster Inc—10 3.61 Mutual 15.02 Nationwide Life. General Connecticut 3.92 of beneficial National Union Fire 26% 145 78 Life Ins Natl Columbian shares.lo 11.13 Fund Delaware 16 % 3.66 71 1 Fund Inc—Diversified Growth Stk Funa__l Diversified Investment Fund—1 Delaware 15'/a shares Life Fire 58 x33% of Amer—_10 Ins Life Colonial 4.03 Units 14.87 11.53 4.41 Massachusetts National 20% 5 Camden Fire Ins Assn (R J) 12.77 10.55 Bond Fund Inc Life New 11.68 lo shares.lc shares Monarch 24 17% 5 Boston Insurance Co 4.00 Manhattan 7.71 7.05 1 1 Investing Co Inc Vegh Mutual Fund Inc 6.06 10c Massachusetts Investors Trust Mass Investors Growtn Stock Fund Inc 33 %C 14.53 16% Vegh De 6.08 16 % Manufacturers—4 Ins Co 5 Merchants & 3 19% Stand Life Ins Co—1 shares—lc ———lc Petroleum 1 Beneficial Paper 17.07 Dividend Income Fund 14.21 28% 28 (N Jf_U) Natl Life Ins Metal 18.85 ' 13.13 Industries General Special Investment Transport shares 15.71 —1 Bankers Fire Assurance Merchants 54 5 10 2.85 14.95 17.34 Consolidated Investment Trust-1 Crown Western Investment Inc 11.42 15 30% 6.25 Bankers & Shippers 5.96 13.75 ——1 Composite Fund Inc Concord Fund Inc American Surety Co— 32% 5 5 Bonding Massachusetts 36% 13.03 5.41 10.13 —1 Inc Fund American Re-insurance 18.41 10.47 6Jb 2% 2.58 Electrical Equipment 9.32 1 1 -m'n .%■: Composite Bond & Stock Managed FundsAutomobile shares 1 16.87 30% 1 Casualty Maryland (Wash D C) Amer Mercury 2 1% 27 'Newark N J) —2% 9.49 14.14 14.52 25% 6 32% 27v8 8.69 15.84, 32% 24% Assurance Co_5 Home 11.94 29 % 24 1 Fla) (Jacksonville Amer Ins Co 71 208 17% 15% Ins Title Ask Bid Par Corp (Va»_5 Lawyers Mtge & Title Co—65c Liberty Natl Life Ins (Birmi_2 Life Companies Inc ..1 Life Insurance Co of Va 20 Lincoln National Life 10 Ins— Amer Heritage Life American _ 12.96 Mutual Fund—* Sayies Loomis Ltd Fund 9.99 10.91 Lexington Trust Fund .250 Lexington Venture Fund—-— Life Insurance Investors Inc—1 Life Insurance Stk Fund Inc—1 15.58 20.95 1 18.58 7.93 7.26 Fund Inc Fund Ltd 1 California 25.41 17.03 Stocks)—-1 8-3 (Speculative Com Stk)—1 8-4 (Low Priced Com Stks)_l Keystone Fund of Canada Ltd-1 Knickerbocker Fund—.,... 1 24.32 13.41 24.82 23.29 (Income Com 8-2 a9.98 22.50 23.78 — ——- 6.41 5.85 Surety Lawyers 140% 140% 67% 200% 27 30% 10 Aetna Insurance Co——10 Aetna Life 10 Agricultural Insurance Co 10 American Equitable Assur 5 American Fidelity & Casualty„5 $1.25 conv preferred 5 Casualty & Aetna a21.92 (Low K-l Inv Tr of 11.44 Priced Bonds) 1 (Discount Bonds) 1 (Income Pfd Stocks).—1 (Speculative Pfd Stks)„1 (High-Grade Com Stk)—1 B-3 Blue Ridge Bond 6.05 8.20 Axe-Houghton Fund 10.54 _ America Keystone Custodian Fund3— B-l (Investment Bonds) 1 B-2 (Medium Grade Bonds)_1 18.60 17.C6 1 "A" Inc__1 "B" Inc—5 Axe-Houghton Stock Fund Inc_l Axe-Science & Elect'nics Corp 1c Fund Mutual Axe-Hough ton Fund of Co Investment 9.64 10.4T 1> Investment Trust of Boscon—1 Jefferson Custodian Funas Inc-1 Johnston (The) Mutual FuncLl Fund Fund Inc Business Shares Aberdeen 5.56 Ask Bid Par 5.09 Fund Inc——lc Intl Resources Ask Bid Par Funds— Mutual Ask Bid Far Funds— Mutual Companies Insurance Mutual Funds 13.43 14.64 Dated Rate Bank Debentures Rate 5- 1-57 Bid Due Dated 1 Ask 1O0 1-57 99.29 12- 2-57 99.27 12- 2-57 99.29 2-58 99.28 99.31 11- 7- 1-56 10- 3.75 % Ask Bid Due 1-57 99.31 .100.1 3.80% 1-57 99.31 100.1 3.70% 3- 1-57 99.30 MOO. 1 3.90% 6- 3-57 1-57 1- 99.30 7.05 7.71 Whitehall Fund Inc 1 11.92 12 89 3.75% 11- 1-50 8- 1363 Wisconsin Fund Inc 1 5.32 5.75 3.75% 12- 3-56 9- 3-57 1- 2-57 10- 1-57 99.30 100.1 3.80% 4- 3.875% lc 12.46 100.1 3.90% 3-58 99.31 99.30 99.28 1-57 2- 1-57 11- 1-57 2- 5- 3.875% Fund 4.00% 6- 3-57 3- 3-58 99.28 99.31 Recent Bid Bonds— Boston 4%s_1975 4%s 1976 Industries Capital Airlines Central Maine Power Elec & Gas 1987 45us— Edison' Burlington Cinn 1987 Power 4%s Alabama 4%s_1987 4%s 1987 Security Issues 99 100% 79 83 84 New ' Consol 1013 4 Tel Bell 4%. 1989 Ask 102 % 98 Dollar Value Potomac 96% Public 101 *4 101% 101% 102 V4 Corp -197S 3%s_ Edison Serv of Dollar Value 1987 96 3 8 96% 4%s__. .1987 98% 99 % 4%s Colo Sheraton ,.1976 Fruehauf Trailer 4s 1975 3%s General Telephone 5s Mliton Hotels Ilinois Bell Telephone Interstate 1987 1970 4%s_ Power 4!'4S-1988 5s Laclede Gas 4%s Lowensceln (M) 1987 1982 Co Mueller Brass 3%s C<J_. National Fuel Gas 5%& Gas of Am Transmis 4%s .1967 88 91 5%s__ .1977 100 % . 100% 68% 69 % e 77% Line 5s _ 96 97 1977 95 95% -.1971 98% 98 % 100 78 % 24, June 27, July 18, U S Industries 4%s. 136 99.936 107 1976 1957 94 % 95 % 92 104 1882 102% 103 Pacific Power 6.16% Potomac & Electric pfd—50 59 100 104 pfd__50 48 61 2.44% 99.724 99.737 99.662 - 99.678 a Net asset 105 % 49 Stock . dividend, value. to ■ listing Exchange b Bid yield price, Ex-rights, stock, x Ex-dividend, wi When issued, d t New - on the New York y Ex-stock dividend. Ask 99.588 99.600 99.523 99.538 99.459 99.472 99.395 99.410 99.331 99.347 99.267 99.284 99.205 1, 99.215 99.096 99.107 ,— ^— :— OVER-THE-COUNTER ISSUES FOOTNOTES FOR par k Admitted Light— pfd 99.797 value ' tEx-100% stock t Arizona Pub Serv 4.80% 88 99.787 ' * 1957 *No 79% lui 99.848 ' - 99 1 p-7g 99.918 99.840 — 1957 August 8, 1957 August 15, 1957 August 22, 1957 August 29, 1957 September 5, 1957 September 12, 1957—: September 23, 1957 August 110 Li 1975 99.941 99.913 - 140 1970 99.975 19571957 July 5, 1957 July 25, 100% 97% June 99.973 1957 July 11, 1957 98 luO *-8 Stocks— 1931 /"I.,-! % & Sons— 4%s Tenn 20, Bid Ask Bid June 92% 91 Bills 98 % —1971 fetro United States Treasury 98% 97% * 1982 Ga«,5%s 4%s_-_ 1991 Telephone Northwestern 4 Natural Gas 4!eS—1982 Columbia York 9/ % 97 "4 96 N Y State Elec & Gas 4%s_ 1987 , 107% 78 Bid Bonds—(Cont.) Ask 9814 100.1 Volume 185 Number 5647 . ... The Commercial and Financial Chronicle > OF Bank ; with clearings this week show a year based upon the Preliminary figures compiled by telegraphic advices from the chief cities country, indicate that for the June decrease compared a ago. week ended Complete and exact details for the foregoing will appear in our issue preliminary totals stand against $22,727,998,329 for the this center there is at Saturdays in 1956. statement, however,. whidh At "CLEARINGS—RETURNS BY TELEGRAPH „2_;rL—. City Louis .1; St. 1956 705,230,844 Kansas San ' ->.■ 346.000,000 Francisco 646,986,000 Li. 492,366,862 Cleveland 580,779.144 Baltimore 1st 1.3 368,301,437 Cleveland 5th 7.0 Philadelphia 4th 3.2 Richmond 6th 6.8 Atlanta cities Other five cities, days———, five days Total all cities, live All cities, Total _2 days- cities — 9th 4.0 4,495,949,325 -+ 2.3 : 1956 — Kansas 11th City—i 11,303,147,995 1.3 — 1,278,177,302 14.2 723,548,884 722,622,763 / 1,118,950,893 1 +• 0.1 ? + 5.3 t i 1,062,824,847 ; :1,418,532.214 : iV 636,374,620 652,737,098 525,873,333 565,650,012 *« .'?• for Week— 899,189,867 $22,076,509,127 $22,727,998,329 — f''- 6.6 — 2.9 ' Total "— .* v. Outside Our usual monthly detailed statement of transactions in the New York Stock Exchange is appended. The re¬ sults for May and the five months: of 1957 and 1956 follow: New A 1,023,752,742 59-1,786.367 1,006,529,457, ' + 7.6 + 0.3 + V1(;,1,137,735,197 '.,.,,,567,466,242 599,978,492, 4.3 + <7-4 ' 500,536,071 • 886,963^4® . . 1,243,667,037 ! 2.5 .. I', , 474,536,739 . h ' '■ V tv . 600.686,440 , ' '■* •. 576,031,726 466,414,604 *t 464.992,521 • 1,208,934,075 cities -x-109 — . 12.8 1,125.531,013 •C , . ^ 839,672,534 9.562,476,317 1,082,971,647 1,108,252,973 640,846.281 <4 ,, : »' $ 697,490,203 ■: 1,154,155,391 5.7 1,599,772,117 6 1954;. ..: 704.816,909,, 9,488.554,863 1,302.058,444 .If 10 — ' ; 9 — Francisco f <1 7 Dallas San ..;; . $ , 6.1 1,375,961,742 3 ■ fi 4 — 1955 1.096,426,040 10 ... 761.345,807 11,156,358,200 ' . G 6 —. vVa'-. Dec. Vo 1 " 7 — '-Tt1 tc'- Inc. or $ 807.693,251 11 —„ ■ —— " BARK CLEARINGS - 17 Louis 12th —' 2.7 $21,236,836,593 $21,823,808,462 , — —j__ and in the San Francisco Reserve Dis¬ of 7.4%. " • ._ Minneapolis! 10th 4,598,362,670 day one all $16,638,473,923 $17,332,859,137 cities 10 —— Chicago 8th St. Ten L York 7th 12 i._—_. New 3rd —10.7 + trict " 1957 Boston •!*•. 2nd —10.5 + District of 0.3% 5 + 11.2 + an increase of 12.8%, and the Minneapolis Re¬ District of 7.6%, but the St. Louis Reserve, District registers a decrease of 2.5%. In the Kansas City Reserve District there is a gain of 4.3%, in the Dallas ReseTve W; Federal Reserve Districts + 10.5 —24.5 460,168,070 573,607,294 r 393,301,322 5.3 — SUMMARY OF The Chicago Reserve District serve week in 1956. same improvement of 5,7%, in'the and in the Atlanta an Reserve District of 0.1% records increase of an Week Ended June 8— 634,007,623 414,977,602 386,800,000 626,660,230 .. 370.481,122 Pittsburgh 1 ter $11,024,886,694 $11,635,257,266 1,238,441,935 1,121,079.615 840,000,000 1,112.000,000 Chicago __L_. Philadelphia Boston Richmond Reserve District of 5.3%;. $21,193,875,Outside of this city there 3.2%, the bank clearings at this cen¬ having registered a loss of 1.6%. We group the cities 063 in the was ' 1957 District the totals show 0.8%, the aggregate of clearings for the whole country having amounted to $21,356,770,878 against 5.3%., Our comparative summary for the week follows: Week Ended June 15"":'" " New York according to the Federal Reserve Districts in which they are located and from this it appears that in the New York Reserve District (including this city); the totals are smaller by 1.3% and in-the Philadelphia Reserve District by 14.2%, but in the Boston Reserve .'District the totals are larger by 6.1%. * In the Cleveland Reserve we present further below we are able to give the final and complete results for the week previous—the week ended June 8. For that week there was an increase of last loss for the week ended Friday of a by We last day of the week in all cases has to be estimated. In the elaborate detailed $22,076,509,127 week same covered of next week. today, inasmuch as the week ends Saturday, and the Saturday figures are not available at time of going to press. Accordingly, in the above, the of of the United States from which it is possible to obtain weekly clearings will be 2.9% below those for the year.;. Our week CLEARINGS cannot furnish them 15, clearings from all cities corresponding week BANK the us, 4£ (2845) -V v 21,356,770,878 555,495,543, 545,740,454 441,578,785 431,294,582 1,040,264,267 i-;r ...946,643,264 *: "'i ' ;v► n' 21,193,875,063 '■'ft + 0.8 10,290,863,311 ,W.+ 3.2 17,954,857134^ : 18,484,676,069. ) ' York City — .10,624,454,645 _ , : 9,369,275,107 J J: • 8,821.500,085 , • We also furnish * Description— >> Ktwks—• ; Month of May V " . J957 Number-of shares— Bonds— Foreign U. S. ' 1956 261,296,574 4,000 55,000 71,000 0.6% in and the Boston District Reserve ———Number of Shares———— 1957 1956 1955 48,160,955 ______ 47,197,100 74,645,958 37,575,141 46,400,622 March 35,651,568 60,362,702 of 15.7%. Cleveland the In Federal Reserve Districts 153,960,424 202,325,727 Quarter April New 14 month of 5th 60,815,145 9th 04 10th 11th Dallas 12th San 53,787,684 43,867,215 45,427,055 6,876)139,901 —. " 3,401,169,518 " 5,764.887,337 31 the Minneapolis Reserve an increase of 4.7%, in th^. Dallas and in the San Francisco Re¬ clearings for leading cities for the four months ended May 31 lf£v" >' Outside ; + 1955 $ : 4.2 . .■;... . 0.6 —15.7 + 7.7 •'2,931.179,636 5,306,071,251 + 8.6 + 4.2 » 5,768,632,109 J 3,156,945,464 , 6.2 — 4,049,418,338 ' 10,154,062,225 3,019.185,582 3,019,883,970 " *« 2,648,449,781 3,867,745,880 " 4,505,677,964 4,246,154,954 + 6.1 19 " 6,055,166,678 5,642,275,314 + 7.3 5,199,351,998 106,859,292,112 104,759,145,095 + 2.0 93,373,093,417 . 57,736,416,714 . 55,874,837,689 + 3.3 51,274,064,648 " 179 —179 cities , Yorjk City 2,926,049,844 43,950,530,122 4,712,921,257 ' ;4,802,918,648 2,601,35i;763 4,765,950,692 " 10,584,075,491 11 —... v(;$ • ; + a*. v u 6,472,092,972 1954 . •:•>.. 3,284.237,997 43,855;il8,848 5,289,613,939 - 14 . Francisco New 50,796,886,216 6,111,696,731 > . % +• 16 Minneapolis Kansas City— in Inc. or " 41,912,744 the and 7 Louis 44,132,^33 110, 5,155.051,277 16 Chicago St. CD > 3,710,795,234 51,116,006,774 " 8 Atlanta " '« Richmond 8th 33,294,760 54,106,201 May and register District of 7.3%. t-4 3,8G5,735,829 15 Cleveland 6th 1954 53,229,949 of bank course totals 1957 cities 17 Philadelphia 4th Total The the Reserve 11 York 3rd , 52,558,561 __ 2nd — 43,309,665 May of Dec. 1st Boston 33,274,561 66,864,624 121,387,664 1st gain of 4.2% Month of May— 7th ' February — a 215,000 ■ $917834,000 $424,221,350 $466,522,906 decline a . January credit District, of 8.1%, but the St. Louis Reserve District suf¬ a loss of 0.1%. In the Kansas City Reserve* District fers serve The volume of transactions in share properties on the New York Stock Exchange for the first four months of 1954 to 1957 is indicated in the following: —•—— its District Reserve District of 6.1% - T Reserve record 23,307,000 • 1,000 $37,536,50b of are larger by 6.2%, in the Richmond by 7.7% and in the Atlanta Reserve District by 8.6%; The Chicago Reserve District has to of 4.2%, but in the Philadelphia Reserve District the totals 101,000 4,676,50019,418,050 4,227,000 Government—' month ment $87,153,500 $404,677,300 $442,899,900 3,000 , Total bonds 1957 222,255,890 ' $83,305,500 government ' ' 53,229,949 '">•>>.">• Railroad & misc.— International Bank. r——Five Months 3956 • 52,558,561 District the totals today, a summary of the clearings for May.; For that month there was an in¬ crease for the entire body of clearing houses of 2.0%, the 1957 aggregate of clearings having been $106,859,292,112 and the. 1956 aggregate $104,759,145,095. < In the New York Reserve District the totals show an improve¬ the ^ • " 9,614.089,773 0.1 2,449,452,962 3,692,827,802 : !" 8.1 + ' 2,297,545,462 '' 3,541,622,163 ' V 4,005,492,499 '• 4.7 + 2,820,258,301 ' ' 7,967,733,827 2,478,149,712 2,016,118,186 3,106,965,791 3,323,428,141 4,277,787,834 86,213,373,461 '• 43,778,180,113 each of the last four years is shown below: BANK CLEARINGS FOR LEADING CITIES IN MAY 000,000 New Month of May York 49,122 We Jan. 1 to May 31 3,147 3,034 Fran._ 2,983 2,789 2,563 Cleveland- 2.648 2,460 2,125 1,776 Dallas 2,019 1,887 1,846 1.521 Pittsburgh. 2,193 2,026 1,829 1,507 Philadelphia 4.799 5,764 Chicago 5,117 4,867 Detroit 3.378 3,254 Boston San Kansas City St. Louis— append another table showing clearings by Federal Reserve Districts in the five months for four years: 48,884 42,099 42,435 243,410 230,423 220,824 217.060 4,992 4,451 26,394 26,546 24,701 23,176 4,663 3,927 24,414 23,469 21,494 19,615 2.455 3,123 16,588 16,038 14,643 32,872 2,697 2,405 15,012 14,418 13,336 12,391 _ 2.052 14,376 1957 Federal Reserve Districts 1st 2nd Boston New 1, Inc. 14 " 15 ; cities 11 : York " 18,473,487,469 17,596, 556,678 253,097,570,777 28.113,955,390 33,059,957,620 239,641, 257,433 5.0 16,187, 896,050 15,033,834, 594 + 5.6 229,424, 874,358 225.000,011, 895 0.4 26,219, 768,708 24,541,349, 876 + 5.8 27,237, 249,418 25,279,615, 24^ + 5.7 14,152 325,086 12,956,333, 691 8.6 23,419, 131,789 + 3.7 44,723 948,102 20,919,276, 370 40,370,357, 599 + 12,718 11,944 10,189 4th Cleveland 9,910 9,403 8,795 7,899 5th 31,251 139,682 Richmond 8 " 9,747 8,384 16.198,669,407 7,849 6th 15,322 308,265 Atlanta 16 " 26,183, 822,343 + 31 " 28,423,871,593 50,766,641,218 48,972, 536,794 7 " 9,321 Philadelphia 1,722 1,685 1,634 1,416 8,674 8,385 8,116 7,436 7th 1.592 Chicago 1,504 1,325 9,791 7,938 7,410 7,018 8th St. 1,745 1,605 1,490 Minneapolis Louis 1,216 8,366 7.831 7,160 6.753 9th 1,872 1,762 1,603 1,349 8,988 8,639 7,637 6,777 10th Atlanta 1,748 1,639 1,542 1,323 8,350 8,031 7,436 6,657 11th Dallas Baltimore 1,667 1,579 1,434 1,297 7,976 7,559 6,866 6,314 12th San Cincinnati- 1,244 1,220 1,125 949 6,184 5,968 5.424 884 806 768 653 4,226 4,006 3,726 Louisville 3,465 820 837 790 649 4,124 4,161 3,855 3,528 953 905 816 679 4,671 4,203 3,870 3,574 796 3,776, 28,240. 373,092 — 15,019 268,750 12,004, 405,516 13,962, 875,981 " 15,140,992,229 12,775,255,402 0.8 16 + 6.4 11,057, 990,137 14 " 19,133,048,233 18,191 383,913 + 5.2 17,381, 974,956 11 " + 4.7 19,152 270,990 " 21,931,291,973 29,167,505,909 20,938, 259,032 19 27,456, 592,515 + 6.2 25,349, 026,313 "526,282,247,220 500,817,904,013 .+ 5.1 468,269,331,888 442,939,470,647 282,871,649,845 270,394,893,395 + 4.6 247,444,697,797 225,879,310,450 13,113,937, 909 10,374,859, 720 fc* 5,170 Richmond— New " 17 ; Five Months + 10.419 3rd 1954 $ r/o Five Months 12,543 11,004 1955 or Dec. Five Months 13,769 1,599 Minneapolis 1956 $ Five Months ■ 3,351 Houston - Orl'ns Seattle 912 822 4,290 3,963 682 5,512 4,835 4,072 825 709 665 4,005 3,870 3,612 843 706 589 4,631 4,170 3,605 Birmingham Omaha 627 643 645 3,229 3,157 3,157 ) ; y_. ____ , Francisco. New 179 York City. ... cities . 3.341 16,222,814, 438 17,025,125, 728 22,101,953, 584 3,136 670 " City Total Outside 3.208 984 J •1,072 Portland Denver 661 797 827 Jacksonville Kansas 936 .. 3,553 848 794 733 567 4,097 3,730 3,380 627 585 561 488 3,061 2,905 2,700 2,537 564 554 493 475 2,755 2,542 2,427 Buffalo 627 609 548 463 2,863 3,060 2,912 2,700 2,449 619 558 535 478 2.877 2,716 2.604 1957 and 1956: MONTHLY CLEARINGS 2,978 Paul Memphis The following compilation covers the clearings by months since January 1, 2,319 St. ___ — Washington -Clearings, Total All1957 Months— January 644 562 487 2,918 2,868 2,540 2,405 517 485 409 2,771 2,613 2,357 2,235 March Tonicities 98,569 96,909 86,211 80,094 487,905 462,972 433,462 411,818 Other cities 8,290 7,850 7,162 34,807 31,121 Total All—106,859 104,759 93,373 Out. N.Y.C. We 37,845 add our detailed statement Inc. or Dec. io $ 56,545,239,056 7.7 89.729,386,396 + 5.5 60,912,113,352 51,112,370,009 103,360,095.027 + 3.7 55,909,469,276 54,193,547,974 + 3 J) '* Total. 1st Quarter-. + 1.9 50,179,774,986 314,186,117,244 "297,424,056,336 + 5.6 167,933.952,637 160,918,562,016 + 4.4 April 105.236.837,864 6.7 57,201,280,494 53,601,493,690 + 6.7 106,859,292,112 98,634,702,582 104,759,145,095 + May + 2.0 57,736,416,714 55,874,837,689 + 33 ~526,282,247^220 "500,817,904,013 + 5.1 282,871,649,845 270,394,893,395 + 4.6 - , 57,736 55,874 51,274 42,778 282,871 270,394 247,444 225,879 now 7.7 94,684,493,052 February 492 38.377 + 104,334.574,913 1956 $ 107,178,369,182 667 Nashville— 6,119 1957 or Dec. */o $ 112,323,055,010 .... Milwaukee- 86,213 526,282 500,817 468,269 442,939 -Clearings Outside New YorkTnc. 1956 . $ Total 5 months— showing the figures for each city for the month of May and since Jan. 1 for two years and for the week ended June 8 for four years. First Federal Reserve District—Boston— -Month of May- Clearings at— 1957 34,917,661 3,147,354,816 3,034.493,105 14,820,658 15,419,530 7,775,759 7,181,657 6,665,565 — — Massachusetts—Boston Fall 12.381,727 9,202,554 Portland River Holyoke I Lowell New ' " ._ Bedford 16,497,431 or Dec. % 1957 1956 $ $ Week Ended June 8Inc. 1957 or Dec. % 59,919,332 57,780,141 + 3.7 2,892,402 3,161,576 3.1 154,344.213 150,167,051 + 2.8 5.404,110 7,798,651 + 3.7 + 4.1 655,918,052 619.791.679 — 1.7 3,565,949 3,344.486 1,466,203 1.623.276 — 15,012,722.186 14,418.411,123 3.9 75.113,072 76.378.840 + 18.3 . $ 41.521.536 36,453,704 7.7 34,243,536 32,054,465 + 6.8 + 2.7 78.757,604 74,696,611 + 5.4 0.4 320,681,451 309.507,386 + 3.6 '+ 5.8 584.985,373 580,878,965 + 6.6 3,339,202 3,694,922 9.7 ^405.219 8.5 5,933,919 + 13.9 + 2,900,572 —30.7 2,758,883 6,316.650 — — — — 3,999,890 3.909.102 + 15,758.493 + 1.2 ir868~989 3,889,239 2.3 15,944,679 ' - 3,464,561 13,417.561 12,097,769 54,548,679 48,803,594 + 11.8 258,743,463 228,236.537 + 13.4 + 29.2 9,447,998 8,220,901 190.103,818 + 6.1 965,631,305 869,681,847 + 11.0 43,450.361 38,441.679 + 13.0 32,793,656 37,286,089 101,160,965 + 5.6 532,901,984 502,978,668 + 5.9 26,205,952 24,013,738 + 9.1 18,896,840 15,603,611 + 2.0 + 5.4 29,763,100 28,988.300 151,296,600 Island—Providence 134.552.300 12,626,681 11.551,982 —_ 3,865,735.829 3,710,795,234 10,478.312 13,536,632 2.7 134.564,100 131,927,200 +12.4 742,912.900 652.531,700 +13.9 9.3 32~173,200 61,430,787 55,751.405 +10.2 3,135,821 + + . - + 4.2 18,473,437.469 17,596,556,678 + 5.0 — — } (14 cities)- 1954 $ • 106,787,335 Hampshire—ManchesterTotal Dec. % $ 1.6 + 1955 Inc. or 1956 $ 201,608,287 Haven Waterburi' New 67,911.476 ' Connecticut—Hartford Rhode 16.069,452 67,615,894 Springfield Worcester New Inc. $ 12,585,843 33,846,294 Maine—Bangor -Jan. 1 to May 31 1956 $ * 807,693,251 30,516.100 2,508,715 + 25.0 ' 2,402,585 ' . 761,345,807 + 6.1 22,918^500 25.163.700, 2,621,412 M.-t 704,816.909 ».*T 1 697,490,203 The Jan. 1 to May 31- -Month of May 1957 1956 $ $ Clearings at— if Second Federal New Reserve District- 627,080,461 12,852,322 15,037,222 49,122,875,398 48,884,307,406 174,101,879 107,298,299 Binghamton — ""— Jamestown New 2.0 61,518,294 70,339,515 243,410,597,375 885,251,463 67,482,911 — 0.5 + 2.3 + 10.4 22,932,915 119,904,684 328,965,153 + 7.3 382,808,665 ——* Connecticut—Stamford New Jersey—Newark 362,026,693 + Jersey 50,796,886,216 51,116,006,774 Pennsylvania—Altoona— " Bethlehem ——— — Chester Harrisburg Lancaster —•— — Lebanon 18,585,861 32,066,780 Reading—— Scranton — 16,431,903 WUkes-Barre 31,425,855 3,194,841 York Du Bois ——— Hazelton 5,901,857 +— 74,275,605 Delaware—Wilmington— New Jersey—Trenton Total 84,327,450 (15 cities) 6,111,696,731 5,155,051,277 : Fourth Federal Reserve Mansfield 13,939,670 8,126,459 52,271,167 Youngstown 64,912,472 43,712,338 167,850,245 41,567,402 163,905,982 4,278,878 3,522,000 4,303,956 3,211,862 53.877,369 1,244,838,848 2,648,821,134 266,225,300 , Cincinnati Cleveland - — Columbus — Hamilton Lorain Newark Toledo Pennsylvania—Beaver County Qreensburg Pittsburgh Erie 2,193,780,488 38,342,965 I— H OH City I: "I Kentucky—Lexington Virginia—Wheeling — West __ 44,017,987 ,38,530,953 24,892,165 + 1+2 34.392.349 1.9 20.275.733 106.944,960 + 10.5 + 1.0 26,972^097 31,575^84 —14.6 24.959,723 3.8 b6,428,420 3.2 73,128.750 63.240.103 1 3 9,488,554.803 9,562,470,31? 4.5 78,767,326 1,760,104,272 J73.949,083 76,418,416 239,641,257,433 + 5.6 11,156,358,200 11,303,147,995 1,814,900.035 253,097,570,777 39,485,536 45,019,192 184,264,512 + 5.6 —16,7 42 5.2 — — " 1.844.992 2.001.493 1.699.071 1,721.08a 15.6 1.809.411 1.608.734 5,246.739 4.3Ta.47G 1,026.000,000 2,568,907 40, 025.538 . , 2,222,191 + - 4,914,968 4,407,512 97 ,004.961 ...... I-V 9.1 — ' 'V;-;r-1 30 ,436,309 26,546,,000,000 1,013,000.000 1,206,000.000 —16.0 1,093.000.000 90 ,825,967 4.327,103 3,741.541 + 15.7 3.984.099 85,711,248 152,,660.140 7,224,082 6,137,284 + 17.7 7.342.244 3,754.028 + 15.7 3.683.118 3.260.686 9.0 7.423.754 8.053.314 152,782,922 — 5.9 85,663,051 79,,449.843 4,343,874 150,814,999 11,968,047 156,,043,449 7,337,486 1.3 54.6 > 8,060,402 — —11.6 28,496,416 30, 532,126 386,,578,749 19,383.793 15.5 14.990.240 354,,066,131 29,294,402 21,977,660 13.131,723 3.6 + 33.3 + 374,188,403 387.455,546 + 5.3 16,778.821 + 4.9 9.3 + 6,184,275,697 12.718,887,261 1,209,539,500 80,144,951 0.7 12,324,534 10,563,102 3.G 279.860,390 275,762.630 V 236,855.662 215.82h.707 0.5 545,304.931 504,618,455++ 424.223,789 403.671.416 5.2 55,553,200 52,625,400 46.267,700 46.557,900 + 12.2 76,137,982 11,655,920 14.387,380 10.738 940 8.615.269 4.6 15,165,371 13,610,513 A3.Bo4.081 9,783.250 '' + + 5.3 + 36,603,001 1.2 40,058,146 266,705,905 237,705.846 9.6 303,881,923 290,607,958 5.2 213,892,610 198,487,020 0.6 785,081,874 21,965,381 775,493,890 21,76+238 + 0.9 9.7 15,170,177 14,524.026 + 4.4 10,419.907,622 185,021,128 9,747,607,063 183,977,549 + 6.9 120,104.534 + + 2.4 + + 8.3 3.3 + .+ - 7.8 '•f •—■—1—— , 1.2 + .v.;-;-.. r ' + C.2 5,7 329.822.706 365,739.699 + 429.334,287 456,097,396 1,108,252 973 0.6 7.8 1 4.4 129,477,381 129,597,537 + 7.2 100,211,568 90,778,696 + 10.4 + 6.2 33,059,957,620 31,251,139,682 5.8 _ 11,719,379 9.4 13.2 + > 9.475.494 + 5,968,964,113 11,944.036,295 1,149,406,300 6.6 —■ + — 258,007,048 7.7 + 256,138,959 2.0 + 14.364,742 ' 1,082,971,647 1,154,155,391 —14.2 1,278,177,302 1,096,426,040 0.4 — 28,240,373,092 28,113,955,390 —15.7 12.52e.228 ' — 136,934,123 5.4 — 0. - * + 5.9 96.595,218 • — mm. 1,302 ,058,444 1,375,961,742 + 454,277,000 4,006,390,077 4,226,304,392 9.6 + ^ 1,023,752,742^ +01+924. 4.336,273 7.1 4.875,162 4.890,671 9.1 90,225,737 495,658,422 26.948,977 22,071,857 19.862.000 182.363,743 169,677,951 + 35,561,667 —15.7 166,309,918 169.656,695 + 14.9 328.541,901 296,894,360 7,976,848,485 7,559.594,887 6,170,173 + 7.1 31.279,423 558,994,696 + 10.8 2,877,131,648 17.626.000 155.066.308 : + 10.7 5.6 194,934.592 m 58,622,930 1,579,307,475 • 3,156,945,464 117,700,792 517,651,526 139,880,765 492,391,756 — 1,748,500,000 31,673,954 L 1,639,300,000 26,259,142 Georgia—Atlanta Augusta + 7.7 + . + 3.5. 28,593,468 15,322,308,265 16,198,669,407 345,703,811 362,799,232 5,781.606 286.417.350 143,478,301 143-211527 0.2 130.789,311 128 883.170 0.1 640.846.281, $ 597,786,36^ 4.7 — + 9.4 5.9 7.389.843 308,760.863 7,285,733. 7,606.041 2,716,676,041 : 27,406,998 29,000,348 1,072,444,072 + 18.8 644,875,728 ';V;> 5.7 + 722,622,763 723,548,884 2,771,833,919 6.7 8,350,300,000 8,631,300,000 * 30,285,495 7 936,371,908 105.270.995 +14.6 95,728.740 92.218.329 •+ 4.0 348.300,000 329.000.000 + 5.9 310.880.000 3C0.200.000 >• ••.• 3.1 6,440,794 7,703.631 0.701.056 149,640,850 145,100,403 127,839,840 133,009,508 5.2 138,865,713 140,587,035 1.2 6,169,269 6,523,931 + 14.5 4,835,63+539 + 14.0 212,926,858 191,879,751 + 18.2 5,512,364,147 457,368,401 399,805,510 + + 11.0 196,487,615 192^660^563 +: 10.3 14,986,618 15,125,781 77,985,992 843,434,776 + 16.7 4,631,323,055 62,929,847 + 6.9 327,692.278 " — 297,000,355 „ 4,170,904,978 " ' 28,042,825 + 7.1 142,363,804 4 131,405,819 + 29,113,000 5.3 149,630,000 ' 139,181,000 + 49,879,190 + 11.2 285,553,914 277,418,704 + + 0.9 47,645,664 14,826,344 43,543,115 + + 7..G 3,163,987 Orleans 2,655,716 905,216,351 5,76+887,337 Total (16 cities)— —. 0.515.500 ..6.630.870 - + 11.0 190,305,09+ ~+~2~0 190.130.152 0.9 12,6*6,882 _ ' 164.890,430 1135.5~9i.648 ' : — .3 9.024,133 • 9.4 13,780,180 8 2.9 9,036,427 . ■. 7.5 953,760,923 Vicksburg ' 5.4 — 8.3 + 9,113,563 * _ - 4.3 — 30,667,000 55,490,961 Mississippi—Hattiesburg . 14.4 67,290,796 30,029,283 Montgomery —13.8 7,471,053 4.6 92,163,871 Mobile 26.564,010 120.684,178 + - . 4.4 + — — 984,555,204 Alabama—Birmingham 22.340.692 2+937.905 6.1 + 2,613.550,934 + 30,048.015 6.1 — 6.1 607.601.310 4.9 — * 27,502,060 Macon Florida—Jacksonville - 6.077.033 mta— Sixth Federal Reserve District- Columbus 2.949,654 ; 7,,375.861 + 13.9 3,401,169,518 Tennessee—Knoxvllle——, Louisiana—New + 12.8 - 6,606,406 619,355,085 Total (8 cities Jackson — —12.9 ,969.079 19,795,575 806,272,948 61.425.530 2,718,478 2.6 + 21.411.309 1,871,929 + — > — 2,306.539 ' 19.7 + 17,342,439 . " 188,,509.836 - 97,585,671 32,43+595 26,394.000,000 6.5 . 29.769.315 2,112,222 37 ,895,103 44,085,252 8.7 ' + V : \ ''I:\r" ■■' ■; ... ' 1,667,812,658 ! _ District of Columbia—Washington Meridian + 75,854,650 3.1 + 9,133.357,253 25,372,201 + 9.3 2.366.787 9,115,400,962 10,732,316.233 + + 2,782,470 1.6 5.6 575,057,826 5.2 2,274,189 0.1 — 5.6 1,542,826,886 ' 3,277,822 + 14.4 580,781,507 K;' 1.7 106,011.648 113.160,314 + 1,611,519,953 V" 4.684.957 <a> , 3.2 + 92,220,000 29,986,367 67,365,668 — : Frederick _ + 481,795,978 20,963,916 . Columbia Maryland—B altimore — 120.586,667 34,748,303 1 '• * 838,368,966 105,043,666 884,035,752 South Carolina—Charleston - 6,472,092,972 3,224.481 3,333,062 1.6 — IS District—Richmond- Fifth Federal Reserve west Virginia—Huntington Virginia—Norfolk Nashville 27,711,126 24,316,129 19,306,955 6,876,139,901 Total (17 cities) Richmond 2,026,692,835 37,134,592 27,702,498 23,245,729 20,692,341 - IIII ___ 3,331,222 1.4 0.6 1954 8 230,423,010,618 District—Cleveland— t 56,649,922 1,220,969,438 2,460,338.145 243,607,300 14,924,055 8,032,757 60,210,300 59,210,216 Ohio—Canton ' 20,111,180 5,852,834 5,764,000,000 19,878,053 31,265,574 17,455,261 31,835,286 2,066,103 6,677,340 70,538,342 81,364,069 4,799,000,000 Philadelphia ■ 7,775,439 8,345,107 8,409,089 36,123,054 7,371,667 9,124,969 9,137,328 38,135,687 19,066,330 7,005,144 4.2 + + 1955 " 126,190,522 + 5.7 Monday, June 17, 1957 10,903,011,752 551,109,564 118,153,979 ' District—!Philadelphia— Third Federal Reserve 5.4 + . or — — - Total (11 cities) 5.1 v* " (a) ' 64,997,505 2.3 — . + 90-1 20,116,410 38,242,069 + . Dec. % 130,218,833 3.171,149 fa) 2,912,332,260 3,060,500,020 $ 7.4 + (a) 1-3.0 Inc. 1956 $ Dec. /c 868,335,251 (a) + 178,162,867 118,480,126 24,605,259 121,564,969 Rochester Northern New 13,112,665 15,390,772 1957 Inc. or $ 932,899,072 + 11.7 334,087,030 York Syracuse Dec. 1956 $ (a) 609,116,155 Buffalo ' 159,729,595 178,452,455 (a) Elmlra 1957 ; Inc. or -New York— York—Albany Commercial and Financial Chronicle 5,306,071,251 + 19.1 ; + 5.4 4,671,747,936 + 8.6 . 28,423,871,593 " 4,203,395.953 • + 11.1 .2—: , i 732.142 187,285,514 v 613,899 680.331" 161.916,16-5 187.647,827 i. 26,183,822,343 - 528.961 148.353.331 m 8.6 1,118,950,893 1,062,824,847 + 5.3 1,006,529,457 886,963540 +16.9 *3,000,000 2,847.977 + 5.3 2,264,178 2,507,096 21,975,328 19,810,865 +10.9 16,921.428 15,5757091 —19.5 10,493.994 57573,573 + Seventh Federal Reserve District—Chicago14,362,265 39,620,516 Grand 48,392,022 Lansing Muskegon — 18,572,892 12,265,960 69,290,982 59,262,564 3.8 16,588,348,000 2.7 210,228,329 16,038,423,000 211,555,130 1.1 427,532,917 420,650,221 + 1.6 5.3 84,361,053 83,632,448 + 0.9 + + — Bend 45,849,397 42,477,907 17,273,643 17,667,226 38,258,063 Sheboygan 6,758,665 10,468,462 Oshkosh 644,487,071 6,741,344 Milwaukee 37,607,313 667,082,467 Wisconsin—Madison, j 11,072,822 Water t-own 1,795,400 1,830,835 Manitowoc 6,043,880 3,516,153 Iowa—Cedar 32,958,330 205,489,053 32,113,525 217,693,447 64,717,310 61,980,932 Rapids Des Moines .' City 3,662,165 8,081,595 5,117,656,170 28,373,551 Chicago Decatur 14,673,392 7,968,922 BlOOmlngton 3,200,069 13,257,270 Ames Illinois—Aurora 4,867,552,069 26,925,659 12,138,398 12,248,074 11,977,146 + 2.3 10.479,518 9,28^479 75,102.000 + 7.1 71.666,000 65.092.000 4.9 59,523,641 59,885,151 0.7 265,018,548 252,532,354 + 4.9 + 10.3 555,781,653 + 7.5- 1,791,739,919 517,126,654 +716,604,405 218,439,959 207,659,005 + 5.2 11,456,959 9,551,421 + 19.9 9.495.14C 8,707,466 7.9 2.2 85,842,616 85,251,830 + 0.7 4,312,242 4,872,873 —11.5 3,939.569 3,746,405 2.4 134,620^22 121,994,080 0.4 114.354.591 95,6477479 + — Haute 9,774.923 216,551,755 11,697,693 Terre 4.2 + 225,742,788 95,380,906 54,787,701 369,221,618 0.6 3.0 107,911,161 374,568,009 —— 3.4 + — + + 13.9 54,390,892 - South Sioux + 18.8 — 119,003,485 Bay City, Indiana—Fort Wayne Gary —.—2 Indianapolis 16,697,597 42,485,030 19,130,851 Rapids Jackson 85,209,107 15,819,980 Flint 3,254,600,000 40,737,989 86,154,195 Detroit 13,203,146 3,378.362,000 Michigan—Ann Arbor + + — 1.4 96,198,794 0.9 — 0.6 — 4.4 + 80~459.000 ■ + 1.7 198,161,522 193,458,377 + + 3.5 2,919,669,665 2,868.852,735 + 1.8 0.3 35,029,407 33,655,930 + 4.1 5.5 57,729,922 57,311,204 + 0.7 + 3.3 — — — 1.9 9.086,764 9,333,341 + + 34.5 + 71.9 23,412,492 17,408,707 2.6 149.380,915 142,987,412 + +5 7,975.745 6.752,565 5.952,003 5.390 155 5.6 978,352,179 973,876,923 + 0.5 46,413.439 46,598,132 44,135.889 39.328.780 4.4 307,621,854 304,566,449 + 1.0 15,600,712 15,505,902 15.500.675 15,853.446 + — + + 14.4 17,754,969 17,471,784 9.7 64,202,879 62,731.886 1.4 35,667,082 36,766,638 + 5.1 24,414,985,904 + 5.4 144,896,219 23,469,542,151 140,631,672 — — 1.6 + . 2,3 + .3.0 1,805,911 4.0 1,204,177,780 3.0 6,586,510 1.959.381 Peoria 71,647,168 67,910,827 + 5.5 342,503,610 324,296,012 + 5.6 16,942,504 Rockford 51,283,273 43,742,746 + 17.2 235,500,562 212,928,177 + 10.6 15,316,481 Springfield Sterling 28,172,065 3,307,383 26,487,647 6.4 138,947,157 127,837,682 + 8.7 3,158,391 + 4.7 16,210,228 13,792,920 10,584,075,491 10,154,062,225 + 4.2 50,766,641,218 48,972,536,794 Total (31 cities)... . 7,105,587 1.599,772,117 1,418,532,214 344,200,000 358.000.000 0.9 177,011,328 180,309.797 3.9 111,149,220 111.055.872 +014.072 3j7L429 11.184.944 5.812,714 6,996.667 14.227.859 9.366,862 10.447,328 + 1.585 281 5.70+618 14.632.480 7,569,494 16,199.063 829,707.033 6.323,808 1,048.242,861 + 900.358.802 1.925.442 + — 5.554.892 1,243,667.031 1,137,735,197 + 17.5 + 3.7 + 12.8 Efghth Federal Reserve District—St. Louis— Missouri—St. Louis Gape Girardeau 1,599,134,5©8 2 independence Kentucky—Louisville Tennessee—Memphis Illinois—Jacksonville Quincy Total (7 cities). 1,592,957,544 0.4 7,971,124,246 16,853,442 16,592,199 1.6 91,307,180 + 7,938,510,815 - 80,423,085 0.4 3.9 341.200,000 325.900.000 —11.8 152.566.443 138.172.409 0.1 102,647.815 100.932..46G +19.1 5750+234 2.461.307 559.978,492 5.67,406,242 — + 13.5 3,104,754 2,972,636 4.4 16.429.383 15.144.431 820,222,967 837,223,198 2.0 4,124,408.836 4,161.045,194 564,339,252 554,671,618 1.7 2,863,816,715 2,755,496.541 2,489,273 2,549,335 2.4 12,588,793 12,392,207 + 1.6 13,041,296 12,917,440 1.0 61,317,076 56,256,477 + 9.0 3,019,185,582 3,019,883,970 0.1 15,140,992,229 15,019,268,750 ■ + — •+ + 8.5 0.8 636,374,620 052,737.098 + — 2.5 Volume 185 Number 5647 . . .The Commercial and Financial Chronicle (2847) -Month of May1957 Clearings Ninth Federal Reserve Minneapolis St. 42,786,471 14,037,636 4,602,254 Falls South Dakota—Aberdeen..— Huron 3.7 1,742,618 + 20.8 + 12.5 6,993,407 3,771,103 or 1957 1956 $ $ Inc. 1• '» or 1955 Dec. % 1954 $ $ j 51,266.734 4.0 151,766,297 18,065,016 130,140,470 + 8.6 • + 104,887,217 265,995,233 8,732,375 4,841,796 4,223,876 6,312,767 6,671,478 8.315,913 9,889,367 322,944,397 • 113,297,553' 7,434,110 4,049,453 3,969,979 ' 1 • ' • * *v ,f 3.3 8,392,247 12,775,255,402 + 14.6 6.0 + 264,488,684 , 8,636,017 5.9 + ..••• 89,914,345 8.1 1.818.013 V; 9.1 0.1 '• 120,843,034 12,047.694 336,729,449 1 21J2 19,155,713 125,837,030 1.3 134,585,487 + 24.0 160,754,727 1.8 14M03.846 + 24.2 + 90,645,468 :• 12,151,374 347,479,028 2.2 + 1.1 + . + - 5.3 28,150,000 : 32,560,532 94.237,136 ■ 11,354,713 380,697,031 9,503,312 + 182,345,077 40,387,491 v.■; + 6.8 + 21.6 7,573,096 198,858,751 34,121,000 ■ 1.816,439 - 21,421,054 5.9 + 2,905,905,729- +. 2.6 18,971.867 + * 50,243,770 6.9 3,676,769 26,575.896 55.663,807 Lewistown Inc. Dec. Vo 191,463,665 7,831,330,066 7.9 + •- 18,426,125 19.221,100 — V 21,891,301 9,407,010 '■v:+':10.8 26,102,246 ______ ; i Helena ' —r 11^536,547 525,873,333 1.0 4~9 + 12"{26,073 565,650,012 0.6 5.4 — +16.7 + . - — 7.6 5,897,791 " ' 5,551,316 12,236,275 UasqM' "I" Total (16 . 61,075,316 3,061,143,955 + 32,281,950 _ Montana—Billings : 8,366,461,831 7.2 5,760.000 32,623,200 Falls 202,725,773 8.7 -j- «... 35,859,724 V 19,698,303 Falls Great 8.1 7,548,895 . Sioux Week EndedJune 8- 1956 $ 24.4 6,479,000 39.720,573 Forks-—. Minot 1957 + + 4,439.110 2,105,377 —_— . Dakota—Fargo— Grand or + »• .. 11,287,571 585,208,900 ■ 627.171,527 ~ Winona Fergus Inc. Dec. % 39,594,222 1,605,550,056 1,745,101,850 ; . Paul North $ District—Minneapolis— Minnesota—Duluth——-Rochester -Jan. 1 to May 31- 195G $ at— 51 cities K____________ r- . 2,648,449,781 ■ . . 2,449,452,962 +. ■ • V- ■ 12,004,405,516 6.4 + —T77 • ' 500,536,071 474,539,78.9 -v , '' • ' - ■ Tenth federal Reserve District^Kansas City^ Ntbraska—Fremont 4.088,406 4,163,317 Lincoln4t7~339~932 42,966^794 Omaha —— 20,871,671 21,477,365 2197522,062 208,6~7i7903 3,229,877,386 3,157,986.446 670,232,424 627,523,885 3,853,925 ______ Kansas—■Manhattan— 3,658,215 18,044,310 1,726,482 47,938,075 115.600.830 8.879,366 _ Parsons Topeka — Wichita 47,147,170 _ 117.029,242 —. Missouri—Joujin Kansas St. 1.8 — 1,507,005 ______ Joseph Carthage . 5,268.713 Citv — _ Springs.. Denver, Pueblo citiest 126,084,886 4,097,951,366 tai 3,867,745,980 3,692,827,802 4.7 + 0.4 + 798,197 9,529,711 + 10.5 2.8 — ::'V ■ : ■' V : •' ' ? ' 't ' 11,502,156 28,616,072 3.4 3837106,180 + 10.0 354,494,312 13,288,755 12,775,939 + 6,283,757 6,223,496 + 1 ■ + 1.0 — 9,369,789 143,792,859 ■ 1.0 0.2 1,111,458960,156 137,066452 i 12,102,800 26,987,906 3.5 + 5.2 9,613,185 9,298,040 5.6 25,271,500 23,036,581 +*~8.1 3537743",642 4.0 11,913,985 + — 333,33^381. 11.838,818 + 11.8 — 7.2 v 9.8 + (a> 19,133,048,233 1,128,639 —14.2 ' 150,777,677 : - 4.7 —13.7 941,247 9,562,222 4.3 + 3,730,896,696 (a.i 146,612,703 1,138,605 - • 11,833.310 27,202,543 2.3 + 1,402,423,362 135,804,957 794,545,060 807,699 10,570,469 + 255.294,330 11,717,397 1,567,712,253 926,171 5.2 + 590,419,368 26,450,901 8,385,873,302 1,720,297 (a) Total (14 8.674,268,064 280,739,691 2.8 +~ — 17,228,053 8,511,903 238,512,017 282,720.374 24,872,984 848,656,231 , 26,515,572 51,688.752 1,689,040 316,399,914 —_g——_ Colorado—Colorado 611,303.148 1,685,947,459 1 — Oklahoma—Tulsa 239,561,061 5,425.719 1,722,803,310 56,857,684 ___ ' a-K 'M (a) 18,191,383,913 600,686,440 5.2 + (a) 576,031,726 6,425,532 * 4,579,599. 3~416*,782 (a) 4.3 + 555,495,543 545,740,454i, Eleventh Federal Reserve District—DallasTexas—Austin- — Beaumont 48,725,980 • 25,686,816 2,019,350,298 El — Paso Ft. 194,244,545 - Worth 1.6 + 7.0 + 18.9 169,692,312 + 2.4 35,026,000 1,872,552,211 32,789,000 1.762,684,752 8,164,279 + 6.8 + 6.2 9,631,749 29.612,959 Houston 34.652,447 Arthur Wichita Falls - Texarkana 8.815,949 Louisiana—Shreveport-, Total (11 18.0 14.5 — 9,468,040 51,586,683 ! cities) 252,869,798 134,338,845 9,910,830,131 1,036,631,933 871,946,710 188,439,000 8,988,840,332 46,271,848 145,107,179 0.1 + 173,763,668 • _ Galveston Fort 49,494,909 25,648,505 1,887,276,577 230,925,651 —— — Dallas v 4,505,677,964 6.9 72,039,588 28.4 313,529,955 6.1 V 4,246,154,954 42,486,242 21,931,291,973 + 240,758,426 123,580,377 9,403,245,699 961,428,698 807,291,918 158,184,000 8,639,593,307 41,057,148 157,254,749 43,105,583 362,759,127 20,938,259,032^ + 5.0 + 8.7 + 5.4 + 7.8 4" 10,633,283 10,782,387 391^159,213 380,943,973 8.0 36,294,753 + 19.1 8,139,000 1.4 11,598,455 9,667,103 2.7 364,543,629 356,892,027 42,170,449 —13.9 36,703.486 6,841,000 + 19.0 5,939,000 — + 4.0 + 38,123,175 6,378,000 • ' ".V + 12.7 7.7 _. 7,508,185 ■ 7,416,285 ; 1.4 13.6 12,680,170 16,833,427 4.7 — 466,414,604 1.2 + 464,992,521 6,440,450 181,642,750 4,188,330 6,677,466. —26.7 16,353,765 13,556^811 0.3 441,378,785 431.294,582 * + + Twelfth Federal Reserve District—San FranciscoWashington—Bellingham Seattle 9,259,026 Idaho—Boise_- J Oregon—Eugene __ 2__— — Portland Utah—Ogden 1 - Modesto , (a 1 — 0.7 116 ,422,684 2,052 619.108 1,078 776,137 + 13.3 +10.9 1,857,403,765 952,800,437 9.9 8.2 191,985,862 8.5 6,347,286 + 4.0 — + + 2 1.7 + 257 ,848,630 231,552,934 + + 2.8 206,636,952 578,784,494 133,302,644 382,579,950 102,731,269 13,769,674,131 + 28,358,961 + 4.2 76,116,224 21,710,760 2,789,644,675 + 11.3 411 ,182,767 + 6.8 121 ,764,807 + 6.9 14,376 ,953,861 6.6 553 813,397 + 11.3 646 ,533,048 144 086,401 102,745,383 36,142,770 57,589,926 28,815,696 + 25.4 180 ,914,731 53,219,943 + 8.2 263 ,963,384 6,055,166,G78 <179 cities). + 5,642,275,314 106,859,292,112 30,829,866 7.5 RATES CERTIFIED ,... BY FEDERAL Noon - .. peso— Buying Rate Friday for i- 1 4.4 638,911,290 588,454,336 + 8.6 527,230,584 475,928,906 +14.6 30,967,603 24,904,634 + 24.3 22,417,900 + 21.2 15,727,335 8,291,844 + 16.1 5,934,309 6,525,665 + 9.0 16,773,143 7,144,618 12,276,889 + 36.6 12,438,176 10,483,485 + 6.2 1,208,934,075 1,125,531,013 + 7.4 1,040,264,267 946,643,264 526,282,247,220 500,817,904,013 + 5.1 21,356,770,878 21,193,875,063 + 0 00 18,484,676,069 17,954,857.344 + 4.6 10,624,454,645 10,290,863,311 + 3.2 9,369,275,107 8,821,500,083 282,871,649,845 pound .0385356* franc .0198750 British Malaysia, Malayan dollar Canada, dollar Ceylon, 270,394,893,395 France OF 1930 Transfers .0555555* .0251333 2.221613 . .0385356* .0198781 in New Tuesday June 11 $ .0555555* 0251333 2.221961 .0385356* .0198718 (Value in United Wednesday June 12 States Money) Thursday June 13 $ .0555555* .0249688 2.222459 franc Africa, pound Kingdom, pound sterling of .0385356* .0198781 .0198687 .325066 .325200 .325133 1.049531 1.047968 1.048750 1 .208850 .208800 .208953 the .00435401* .00435401* all .00285625 .00285625 .00285625 .00285625 .237975 .237960 .238016 .238000 .208840 .208825 .208850 .208925 2.788125 2.788562 2.785187 reporting All .00277912* .00277912* .00277912* .00277912* .0800560* .0800560* .261010 .0800560* .0800560* .261000 .261050 .261075 2.759714 .261050 2.760519 2.760952 2.761571 2.761911 District, and member appear Treasury bills million, Treasury certificates of indebted¬ curities decreased $22 million. Demand deposits all reporting member banks; an increase of creases of of $73 million in .496950* Time deposits increased $50 .0349000* .0349000* .0349000* .193330* .0349000* .193330* .193330* was .193330* .193330* .233350 .233350 .233350 2.778766 2.779109 2.789187 2.789531 Chicago District outside $40 million each in the Kansas City and Dallas Districts. .140080* .496950* .0349000* 2.778143 the principal changes were the J.40080* 2.788562 million at Chicago, $65 million in the Cleveland District, and .496950* .233350 $171 $266 million in New York City and de¬ .14008* 2.777708 ; adjusted increased .140080* 2.788125 total of $89 million at Changes according to release. categories of securities decreased. .496950° ,233350 press $20 million, Treasury notes $10 million, and U. S. Government bonds $31 million; holdings of "other" se¬ .140080* 2.776898 a banks. in another .496950* 2.787312 in ness 2.789531 .0800560* deposits, and an increase of $767 milion deposits credited to domestic banks. decreased $27 .00435401* .208875 weekly reporting member following the San Francisco .208975 .00435401' statement of Federal Commercial and industrial loans increased $35 million in New York City, $27 million in Chicago, $16 million in .0555555* .0385356* the Reserve System in leading cities, principal changes for the week ended June 5: A decrease of $846 million in U. S. Gov^ shows .0250252 2.222733 .325066 .00277912" Zealand, pound Norway, krone Philippine Islands, peso Portugal, escudo Sweden, krona The condition banks industry 1.049375 2.787312 New ' Condition Statement of Member Banks ernment York .237975 mark Mexico, peso Netherlands, guilder •Nominal ACT .00285562 franc ye.i Union of South TARIFF .208873 Ireland, pound United UNDER .00435401" (Metropolitan), Switzerland, TREASURY .325066 markka Germany, Deutsche India, rupee Ja' an, TO INCLUSIVE 1 049296 rupee Finland, Cable $ 2.220965 schilling 'Belgium, BANK 1957, June 10 .0251542 Austria, 13, Monday „ .0555555° Free Australia, 16,147,345 + 18.5 + 27,456,592,515 RESERVE $ Official , 20,246,256 16,553,546 29,167,505,909 3.3 + 1957 TO JUNE June 7 Argentina, 21,561,604 —31.1 demand Country and Monetary Unit .. > +15.9 26,571,267 "Estimated. JUNE 7, , 26,605,706 18,298,714 8.1 + Foreign Exchange Rates EXCHANGE 697759", 30fl. 2.0 + 55,874,837,689 483,209,808 -149,266,396 242,260,263 + 11.7 + Pursuant to the requirement 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. FOREIGN 1g4~fi£S~42t 877549,344 7.3 + 104,759,145,095 57,736,416,714 Clearings operations discontinued. 161,6607369 777466,131 7.8 109,492,357 York 1767^7(7,352 887980,830 11.4 222, 714,511 5,15,5,422 177,547,637 13.2 + 10.9 172,014,117 6,303,435 - 8.1 +10.5 44,158,255 119,604,156 -1— — 178,615.200 ■*—r-7 7— 3.5 43,938,586 23,190,558 2,983,192,952 —______ Total 4,005, 387,493 84,699,205 Total (19 cities)--. Grand 0.3 29,539,716 — Outside New + 133,097,579 2 r. Stockton 75 091,000 + + + 45,397,486 _„ Santa Barbara 213 631,477 3.0 35,516,644 3,963,602,988 107,386,068 205,448,077 76,426,000 3,870,350,667 107,659,028 48,717,331 - Francisco 5.6 193,817,002 ___ —— San Jose, + + 825,327,749 22,832.682 381,420,934 ___________ Pasadena Riverside San r 39 ,043,247 4,290 281.107 116, 478,119 7.7 15,412,000 214,989,337 Salt Lake City Arizona—Phoenix _--_N + 22.0 + 10.9 + 41,441,714 22,665,832 432,166,598 2:2-222 1 California—Bakersfield Berkeley : Long Beach 822,901,266 23,221,306 25,017,139 43,760,085 15,867,000 827,472.625 ____— , 7,588,022 912,909,156 a. Yakima in million, of which $24 million deposits of individuals, partnerships, and corpo¬ rations in the San Francisco District. deposits decreased domestic banks Borrowings and increased from demand U. S. Government deposits credited to in all districts. Federal Reserve Banks decreased . Financial Chronicle The Commercial and 52 (2848) ber reporting mem¬ of assets and liabilities of A summary follows: banks Increase ( + ) or May 29, June 5, Gas Service Co. 31.V,'c 1956 •i investments Loans end Loans adjusted* Commercial 32 + loans industrial 78 + 30,750 _ 89 + 2,774 3,252 'A, 1420 Agricultural loans Loans to brokers and dealers for pur¬ 53 — 1,767 + 2 + 7 8,649 — 11,134 — 5',* securities Real estate loans—.*. Other loans U. Government — _ _______ U. to Reserves Cash banks with in 1,044 7,586 — 1,424 Reserve Bhiiks Federal + —1,175 — 361 — 32 924 . banks. 197 —255 l8,li3 vault Balances with domestic —1,807 22 — _ __ ____ 10 31 — ' securities Loans 67 — 18 — 1 — 17 + + 116 2,338 LIABILITIES— ■ Demand deposits adjusted..-, Time deposits except U. S. U. S. Government deposits +171 55,320 ____ 23,556 Government- 2561 1 2322 • 5.40% Texas-Illinois Natural Gas issue. Domestic banks — 1,024 366 Banks others —322 1,019 _ + 260 (Continued from page 16) loans of hanks to after end deduction valuation of \ ' Statement of Condition of the Twelve 4.32% preferred thousands of dollars) 4.80% Increase ( + ) June 12. Gold or (quar.)_ < Total R. gold notes Other certificate of other 8,214 + 825.176 5,192 2,617 + 50,819 20,715 .* 1,290,512 S. — 752,694 + 773 Acceptances—bought outright v 3.70% 60,800 + 429,500 —582,500 4.40% 8.571,413 Bonds preferred preferred preferred preferred pi eferred —449,307 11,362,199 Notes preferred 4.25 % 3,517 + preferred preferred 4.15% . 153,963 __ 2,801,750 4.40% 4.36% bought outright — 22,889,325 60,800 Sparton —602,307 Spencer 157,800 Due from U. S. loans Govt, and securities cash 22,889,325 securities items.: Total 8- 1 7-15 7- + 18~266 6-18 6-17 5-27 9-13 8-15 7- 1 6-14 7- 1 6-20 7- .6-14 $1.16 % 7- 6-14 7- 6-14 7-15 7- 8 7-19 225? + 11,361 Square 216,250 + 12,623 + 336 499,299 +1,055,740 :/ 40c (quar.) (quar.)— (quar. )_*^_ ■8- 97yac 8- 1 8- 1 7-19 $1.06% 8- 1 7-19 $1.10 1 1 8- 1 1 + +321,224 75c 34,687. 6-27 ; B-24 reserves— 19,031,242 Treasurer—general Foreign + + 63,509 Class 34,672 + 51,242 11,149 ______ 2,509 242,237 — B 1 5-24 7- 2 6-14 3°C 10- 1 9-13 12-13 12- 2 $1.12% 50c 7- 25c 6-29 94c 6-20 6- 6-20 6- 7 9c 6-28 6-17 6- deposits ___ Deferred availability cash items 20,121,389 + 4,044,347 + Other liabilities and accrued divs. 21,124 576,373 434,772 771 345,839 + +114,893 857 — Class Ltd. (quar.)_ 7- 2 A Total liabilities 50,702,849 +1,045,061 +781,099 Stanfields, ClESS CAPITAL ACCOUNTS— 6-14 Other Ratio 332,205 ____ of gold and deposit and F. bilities combined Contingent ances liability purchased loan + 17,021 53,981 R. 10,648 + + 880,821 6-20 6-10 30c 6-20 6-10 7c 6-21 6- *30c 7-15 6-30 *30c 7-15 6-30 7- 1 6-15 7- 1 class A (s-a) Ltd., 47.0% on for .6% — + I.V, 51 — + — a 17,361 820 bonds, notes, redemption, (except where otherwise indicated) were given in the "Chronicle." OF Date Sun 5% s.' 1. debentures due 6-20 6-15 6-15 Union Wire Rope Stock dividend 9-30 9-14 United Aircraft 12-31 United Artists Corp., preferred —Jun 19 1968 6-14 7- 1 6-14 7- 1 6-14 $1.25 7- 1 6-19 10c 6-27 6-17 7-15 7- 0 20c (Canada) 1 7- 1 6-21 6-21 i$i 6-10 6-20 5- 4c 6-27 6-11 6-29 5-31 9 Cities United & Paper Co. ~6% United Fruit Co. 6% class Class B preferred preference —..July :" ___ . „ I Pago l * , # Symington-Gould Corp. Talcott l .July 1 Merchants (s-a) (s-a) 7- 2 4-18 25c ^ 6-10 7- 2 6-14 7-.1 6-14 62y2c 7- 1 6-14 71%c 7- 6-14 30c (James), Inc., common (quar.)__.— * • preferred (quar.) 5%% preferred (quar.)——^ Tamblyn (G.) Ltd., common (quar.-) 4% preferred (quar.) — — ♦ 1 S. U. S. (quar.) U. S. 6- 7 Class 6- 7 7% B 6-21 6-14 6-25 7-20 10-10 9-20 12-20 6-20 Corp.— (quar.) preferred 6-10 5-31 5-31 6-13 $2.50 25c :—————: (quar.)__ * —— (quar.)j ' ——— 6-28 6-14 5c ^5c 60c partic. pref. (quar.)— Foil; class A 7- 6" 7 7- 1 6-23 7- 1 7-1 7-15 $2,50 1-10-58 Fidelity & Guaranty Co. (Baltimore)— 7- 2 b-14 b_14 $2*50 - Storage Cold 6"29 bOc $1.06,4 32%c *10c 25c & Canal (quar.)— Quarterly *50c 2 (quar.)_ Bearing Corp. (quar.)—_______ *30c ' com. Ltd U. S. Ceramic Tile Co. U. 2 J - Pacific Non-cum. '* investment Manufacturers Quarterly U. S. _ +*l Quarterly 6-10 1 *4c — 1 & United New Jersey RR. United 77- " 5% • ——July Keno Hill Mines, United $1 (quar.) Sylvanite Gold Mines, Ltd. ; United 6-14 6- 7 7- preferred (quar.) 3 11-29 l 37%c United Gas Improvement Co., 4lA?e * _ (quar.) United Ulumlnating Co 3 50c (quar.) $4 preferred 8"28 „ 7-15 '5c Corp. (quar.) 5-lr ; 2" 1 . income) United Gas 9- 6-28 13vic (annual) 6- 1-1-58 7-l« 10-15 6- 7 „"3, ——— United Funds— United Income Fund (from net 1 7c 8- 1 11- 1 6-21 18c A 1 50c 87y2C 87%c United Fuel Investments, Ltd.— 6-15 I 7- 3 (quar.)! 7- (quar.)__ Quarterly 7-15 56V4C Utilities— preferred (quar.) preferred (quar.)--— 10- 50c $1*];2/a (quar.) preferred 50c (quar.) (quar.)_ 6-10 6-14 » 5%% - 6-17 IOC — 1 6-20 30c (quar .) (s-a) 7- 25c (quar.) (quar.) Petroleum 7- . 5-31 6^24 6-28 of America, convertible $3.50 $1.12 . July 1, 6-14 1 25c (quar.) 6-17 (initial) Corp. pfd. (quar.) United Cigar-Whelan, common (s-a)__ $3^0 convertible preferred (quar.) — 6-21 7- Sylvania Electric Products, Inc.- REDEMPTIONS t. 6-28 7-22 25c (quar.) 25c United Can & Glass Co., series A 25c 7- 5 b-18 6- 7 b-10 b-17 b-17 ™ ° 12%c 35c (s-a) preferred (quar.) $4.50 6-10 1 8- 1 7-1 6-_8 7^1 b-27 6-28 25c (quar.) (quar.) Products United Biscuit Co. 6-13 . 5% (quar.)— Mining Sutherland Common 1967 7- 43 %C common International Sunshine 6-15 6-29 56c v pfd. (quar.)— 12-14 2 25c (quar.) A Life Assurance Sunset 7- *25c 2 30c 30c °0c (quar.)___ (quar.) RR. $1.25 Sunray Mid-Continental Oil, common July 1, 1984__. —Jun 28 Ampal-American Palestine Trading Corp.— due Pacific Stockyards (Omaha) Union Twist Drill (quar.) 6-29 (quar.) Sundstrand Machine. Tool Page Date B, Mfg. Co. Union Union $2.50 Swlston Industries Company and Issue— series 4 6-20 7-28 2 , *40c (quar.)^ 50c Company and Issue— General Realty & Utilities Corp.— 4% cumul. income debs. due Sept. 30, 1969 Pennsylvania RR.— Amun-Israei .Rousing Corp.— ■ i 15-year 3% s. f. bonds series 1965_ Atlas Plywood Corp-— Union 6- 6-20 TENDER Gen. mtge. 4 % % bonds series E due 6-15 6-28 6-28 6-28 — Chemical $4.50 Swift PARTIAL Ltd. Strawbridge Ss Clothier, $5 pfd. under NOTICE Investment Union 25C Stockton, Wheatley, Davin & Co. (stock div.) Stokely-Van Camp Inc., common— 5% prior preference (quar.) 5% convertible 2nd preferred (quar.)____ sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in the current volume 7-20 7-20 ?"J* $1.25 Stix, Baer & Fuller Co.— 7% preferred (quar.) Preferred list of corporate called for 3-15 87 —— preferred (quar.) — preferred (quar.) preferred (quar.) $4.50 preferred (quar.) — Union Gas of Canada, Ltd. (increased quar.) $1.25 Corp., common— Strong, Cobb & Co., common stock $1 92,?c ______ $4 7 60C Sterling Brewers (quar.) Stern & Stern Textiles, 4Va% 637 + Sun common 50c preferred Stedman Bros. foreign 63,230 1,752 6-14 6-14 5-29 75c (The) Co. (quar.) lithograph 7- 1 7- 1 6-28 (quar.) (quar.) preferred $1 accept¬ in which the details 50c (quar.) preferred (quar.)— 5% preferred (quar.) lia¬ Including those called —— m-r-r I, ■ - ,1, (L. S.) 5% 5% Notices debentures 30c 28~720 +1,055,740 + reserves note Below will be found 3% (quar.) (quar.)—— Stecher-Traung commitments and 6-14 6-20 ( JS"E ) Stanley Works Redemption Calls and Sinking Fund preferred 2 Home Products, com. (quai\) Non-voting common (quar.) Starrett 52,044,485 correspondents Industrial 31 + 27,543 234,295 capital accts. certificate to + 747,503 capital accounts Total liab. 7- Stanley Capital paid in Surplus (Section 7)_—________ Surplus (Section 13b> . 13 6-15 6-15 7-1 5% % 7-20 Chemical 7-15 18)—_ Udylite Corp. (quar.)___ Union Acceptance, Ltd., common 60c non-cum. partic. 2nd pref. (quar.»__ Union Electric Co., common (quar.) *15c (quar.) Standard-Toch t 9-20 Century-Fox Film (quar.) Salle Street Corp. South La U-Totem, Inc., common (quar.) . . $3.50 6-28 *37 %c " $3.70 5-25 common Radio, 6-21 - •' ^Quarterly A class Ltd., Standard Register Co., Standard 35c 6-12 - 6- 7 6-28 J 6-14 *50c Total 0--8 6-19 7- 1 7-1 1 7-15 7-15 7-15 6'+ + 7%c 13+tc 25c ?5c *15c 38c 208 6-14 7- 5-2* . 8-16 11*15 6-14 6-20 6-14 1 933Ac , 8-26 11-25 6-29 7- 1 20th 1 7- 40c (quar.) 6-20 7-15 10- 1 6-17 7- 7-10 .. 62%c 6-28 7-10 6-30 6-30 6--8 6- 8 '7- -S' 6-18 10c 15c - $0,096 40c 62V2c dend." Conv. into com. to June 75c (quar.) • j 7-15 6-20 50c $1.25 $1.12% — class A-(quar.) — preferred (quar.)— i— America (stock dividend) Tucson Electric Light & Power (quar.) Tung-Sol Electric, .... 4.30% - pfd. (1954 series) (entire issue called for redemption on June 18 at $51,896 "which price includes this divi¬ 6 1 i. Quarterly 4!a% 6 94c • — 31%c 50c (quar.) (quar.)_ Trust Co. of North 15c preferred A (quar.) Standard Paving & Materials, • . True Temper Corp., 6-17 183/4C 3% % 394,814 271,806 ______ Other 495,418 43,774 423,527 acci. 7- 30c ;" 6- 7 6- 7 6-7 6- i 7-15 » 5% 26c26c ; i'rinity Universal Insurance 20c — — Treesweet Products, $1.25 pfd. 6-14 — bank S. (quar.) 5-31 ' $3 Deposits: Common vtc. 6-17 6-28 (quar.)__ com. partic. pref. (qUar.) Participating Standard Holding Corp., class A (quar.)____^ common 6-7 7-2 7- 2 7- 2 * 7-2 „■ 7%c —; 10c (quar.j" (quar.) Steamship, i 7-19 . — *$1.12%~ . $717kc - *50c y *50c - - dlvidcnd__— Lines, Transcon (quar.) (quar.) Airways, Inc.— 6-7 7-2 *60c —-- (quar.)— A Stock (quar.) 1-1 (Initial) o-l* * 7-2 |60c — — Caribbean Class 7- 1, " ; $1.50 D Co, preferred 5% 7-19 8- 5% 7-19 27V4C 25c 20c 50c 35c -- - . - 6-25 s- 6-10 6-25 6-10 7 -1 . - 6-14 <-15 6-2» 1 17%c (quar.)———— preferred preferred preferred A preferred B Trans 7-19 8- $1.15 — 8- 27 %c (quar.) 7- 9 6-13 Finance Corp. Ltd.— 534% 7-19 $1.033/V — (quar.)— 6-17 7-15 6-27 , Towmotor Corp 4%% 92 %c & Marine Insurance (quar.) Staley (A. E.) Mfg., $3.75 pfd. (quar.) $3.75 preferred (quar.) Standard Factors, common (quar.) +880,821 26,515,989 : - 7-10 10c 40c -—__ Class B 1 $1.25 ' 6-10 5-13. 30c preferred (quar.) (quar.) Traders 6-30 6-30 / 6-24 Tobin Packing Towle Mfg. Co. J 6- 3 5% Class A 5% 7-10 .7- 1 , $1.12% $1.06% pfd. A (quar.)__ (quar.)_ Common 10c ' * Springfield^lire + 4%% preferred B (quar.) Oil, common, (stock dividend)— $1.20 preferred (quar.) _ Time Finance Corp. (Mass.), class A Tinnernxan Products, Inc. (increased)TIshman Realty & Construction— 6-14 ' 'J'-'': + Standard Fruit & U. 6- 7 6-7 6-7 6-15 6-10 . Tidewater , LIABILITIES— Member b-14 7-1 7-1 /-I 6-29 Thrifty Drug Stores, 25c < 4,422 — 52.044,485 notes b-28 6-10 30c —602,307 532,804 78,387 ; assets Federal Reserve 40c 20c 31 %c 31 uc 12Ji.c initial $1.07 '< Rand Corp., common (quar.)_ $4.50 preferred (quar.)— Spokane International RR. (quar.)—, 4,977,961 • ___ + 22 ,;i ___ Bank premises Other assets 218,600 24,200,029 foreign banks_....._____^ Uncollected 6-14 6-14 6-10 6-29 Sperry ' Total 6-29 $1.50 ($25 par) (quar.) (quar.) ($25 par)_ Corp., 6% conv. pfd. (quar.) Shoe Corp. 4.60% Held under repurchase agreem't Total 15c .. . 36c —— Co. (quar.) Power Tool (quar.) Uxor Southwestern Public Service, 158 — 1,299 — Government securities: Certificates (quar.) (s-a)_ preferred (quar.) preferred (quar.)_ preferred (quar,) 3.90% 19,419 Bills preferred Southwestern Life Insurance (quar.) 594,526 + 9 + 5% Bought outright— Total 6-14 6-14 7-1 *- 1 7-19 1 1ft 6-22 $1.19 $1.21 4c common (quar.)— preferred (quar.) 5% convertible preferred B (quar.): Thrift Investment Corp., class A (quar.) 6-28 „ 7- 1 i- 1 6-20 ' , 7- 1 , 4': Inc., 8-15 25c , 0-14 v,;_ $1 $114 , ■ (quar.) 7-15 24c (quar.) '■ 8-16 6- 7 Utilities 5% 75c pfd. 4.65% ■ 3 (quar.) 5% $1.25 , — 4%% 4.28% + — 6- $1.20 $6 preferred (quar.) ______ Southwestern Gas & Electric— + 323,165 3 6-30 . 7-1U 40c Southwest Natural Gas, common 310,122 cash 6- (quar.)—; Co. Railway, Southern '■ +829,152 — 3,976: . 21,938,549' reserves banks Discounts and advances Industrial loans U. 1,785 , 6-14 6-30 b-14 9-15 7-1. -t g-25 *$1.50 — (Del.) Oxygen Southern Pacific 1956 9,999 839,156 30c , 6-14 n 8- 1 8-1 *62 %c (quar.) preferred Southern June 13, 1957 21,099,393 . Redemption, fund for F. R. notes F. June 5, 1957 certificate account . _ . 7-15 7-15 7-15 7- 1 , .»** . - _ . 7- 1 - $1.35 Thorofare Markets, com. (quar.)— Southern Nevada Power,- 4.80% Decrease (—) Since ASSETS— 6-28 60c _ 6-1 8- 1 8- 1 $l-?4 Thermoid Southern Indiana Gas & Common fIn 6-19 27c Ltd., Power 6-19 1 J50c — (quar.)_„ participating preferred (quar.) Electric— 6% 1 7- — (quar.) — Canada Southern Federal Reserve Banks Combined 7- 50c preferred (quar.)—;_ Southam Co., Ltd. (quar.)—: Southern California Edison Co.— 8'In Original preferred Payable of Rec. 50c (quar.) South Porto Rico Sugar Co., com, |, .* Textron, Inc., common Holder$ When Share of Company Name ' , _ 7-10 7-10 Textiles, Per ^Exclusive reserves; individual loan items are shown gross. "May 29 figures revised (San Francisco District).' 1 8- 1 8- 1 Texas 85 — ' preferred (quar.25c (quar.) —_ 2oc $1.25 convertible preferred (quar.) 3iy»c 4% preferred A (quar.)— — $1 4% preferred B (quar.) — $1 1 + 6- 7 1" } Pipeline— preferred (quar.) preferred (quar.) $4.76 preferred (quar.) $4.84 preferred (quar.) Texas Toy Co. (quar.) DIVIDENDS 1 ; - P'ederal Reserve From 31 12 — ? , . $4 68 + + 767 10,173 u , _ Borrowings: From . $4.56 '' „ * 7- 1 $1 $1.14 *1-16 * (quar.) Power & Light Co.— Texas Interbank demand deposits; Foreign banks (quar.» Common a I „ . ,% preferred (quar.) preferred (quar.) 4.96% 6- 8 «- 7- 1-6-7 7-1 ,6- 7 7-1 ,; 6- 7 " 2^ % 5" 1 $L22-%. 7- 1 6- 7 $1-25 7- 1 ;.6- 7 $1.127% ,s V 1 ,r 6- 7 $1.26i5 7-. 1. 6- 7 $1.31% , ..7- 1 s 6- 7 15c ,7- 1 6-14 15c la" 9"13 * preferred (quar.) preferred (quar.) $4.64 preferred (quar.)-^ Texas Gas Transmission 2606 f'.t 6-15 , 6-25- v $L:12%; $1.15 $1.16 $4 2493 y6-14 7- 1 *: $4*56 4 7- 2 . $1.02'A. Texas W 242 — Corp. Quarterly : — Electric Service Co.— 2557 6-28 $1.50 55c (quar.)_ $5 preferred this in •Announcement +1,750 50 + Page Date 321 — —846 2,545 1968.,—„..July 1, CALLED Capitol Records* Inc., convertible preferred stock , Dominion Square Corp.— ; •" First mortgage 4% bonds due July 1, 1959 —July 2 General Paint Corp., 2nd conv. preferred stock——Jun 17 Notre-Dame Hospital 1st mtge. 3% bonds due Jan. 1, 1967_July 2 Rochester Transit Corp.— 4%% income notes, scries B, due Sept. 1, 1958 ,—July 1 Tung-Sol Electric Inc., 4.3% cumulative pfd. stock Jun 18 Union Stock Yards Co. of Baltimore preferred stock—July 1 United States Foil Co., preferred stock July 1 Walt Disney Production?— ' "V 4% debentures, series A, July 1, 1960 July 1 1,009 + ISSUES Company and Issue— 929 — + 18,363 Other 402 ENTIRE 27 4,228 bonds S. + bonds, due Jan. trust 141 10 — 1,561 Treasury certificates of indebtedness— Treasury notes ; —.— + —-20 1,638 bills Treasury 12 Jun GO Co.— Water collat. f. s. r : 110 —' 88 25,790 securities—total • — : bonds due April 1, I960 5% Northeastern lor ' S. Mansfield Telephone Co.— 1st rntge carrying securities purchasing or carrying or loans 1 1 663 1,163 chasing Other Intcrprovincial Pipe Line Co.— ' • * "j 3%% 1st rntge & collat. trust bonds series B— -July Macfadden Publications, Inc. 6% tlebs. due July 1, 1968__July 1,434 52,834 6-14 -7-15 - preferred 6% Co., (quar.) _. — Tennessee Gas Transmission > 4.10% preferred (quar.)— — 4.25% preferred (quar.) ——— 4.50% preferred (quar.) 4.60% preferred (quar.)— 4.64% preferred (quar.) —— 4.65% preferred (quar.)— 4.90% preferred (quar.) 5% preferred (quar.) — 5.10% preferred (quar.)— , 5.12% preferred (quar.) 5.25% preferred (quar.)___ Tennessee Natural Gas Lines, Inc. (quar.)— 1 1961-., f. debentures s. 7- 1 *25c — Power Tennessee —July AVz'/o 36,210 adjusted*—— _________— and (in millions of dollars) 7- 1 Ltd.— (Canada) Carson , . 5% — & 6-14 6-14 6-28 Mlg Telechrome Telluride Winkle-Munning Cc.— due April I, Hanson-Van ASSETS dividend Stock Taylor, Pearson Semi-annually 1972__July 17 1st mtge. bonus due Jan 1, 1958_July 1 1st mtge. boixls due July 1, 1974__July 1 Fort' Shclbv Hotel Co. June 6, 1957* 1957 : Holder* Payable of Rec. $2 45c 20c conv. Extra eonvertbile s. f. debs, series A due May 1, 4% Whin Per Share pfd. (s-a) Taylor Instrument Co. (quar.) Taylor Fibre Co., 4% Petrofina Ltd.— Canadian Decrease (—> Since Monday, Jtme 17, 1957 . Name of Company Association— 1st mortgage serial & s. f. bonds—« —; July 1 Calvary Presbyterian Church— 1st mortgage serial bonds dated Dec. 15, 1953___——Jun 15 Harbor Hospital Benton . Page Date Company and Issue— $260 $322 million, and borrowings from others increased million. Loans to banks increased $197 million. . 6-28 G-20 6-23. 6-14 6-13 6-17 ,. . 50c . 7"15. 7--5 —1" f — — »' " ^ 51- * •" , 6*2i 6-11 6-11 —- Volume 185 Number 5647 . . The Commercial and Financial Chronicle . (2849) Per Name U. 3. U. of Company Share S. Freight Co. (quar.) Gypsum Co., common Extra 1 <7% U. preferred (quar.) Life Insurance (N. S. U. S. Lines, 4A% U. S. U. S. if. U. pref. (s-a) ; S. Trust fN. United A 66- 6-14 6-20 5-31 62 Ac (quar.) $25c 30c ■ <q'tfar5_ preferred '6-28 6-7 9-27 $2 40C (quar.) Upson Co. (quar.). Utah Power A: Light Co. —— , $1 convertible Van Norman $2.28 Vqn (quar.) Industries Inc., (quar.) preferred Vqn Sciver (J. B.) class A Waters A Rogers (quar.) preferred 6-29 6-29 9- $1.25 12-10 50c — — common (quar.) : — " 1 ' " common (initial) preferred (quar.) preferred (quar.) Operating 2 $5 $4.20 preferred preferred $4.12 - Net 6-12 Other Virginia Telephone 5 A% preferred \ '• Gross Interest V..S4.50 conv. preferred preferred y-,5% P °0 6-20 6-20 75c ' mortgage 20c 6-20 \ 6-10 Electric (quar.) 6-20 6- 7-1 6-14 8-20 7-26 7- 6- 500, — , Class - A Walker 25c (quar.) Power company the 475c ■ Inc. Disney Productions Productions) . (see .. Baking Co., 6c (quar.).; Walt Ward : . . . Wayne Knitting Products Weeden tijAVc & Mills • conv,. 6- 7- at additional proposed to an field miles estimated 10-inch Hansford about cost of and measuring $1,923,100. and about approximately 14 As area. the 445,671,000,000 result feet of these feet cubic of 11. 1 6-28 50c 7r 1 6- 50c -7-1 6-18 25c 6-20 6-10 of $58,532. 7-1 . Wtllington Fund Inc. (quar. from invest, inc.) lie 6-29 6- 35c 7- - Period End. April 30— 6-20 6- 6-29 6- 7 Ohio West Penn West Gas Co. Power . Co. Co., (quar.) &—~—- common 9-16 7 it expenses- Net rev. from ry. :Net railway, 65c 1 6-25 7-15 7-15 4! preferred $1.12A — % a (quar.) Utilities, 4.40% - 7-15 (quar.)— 7- 1 40c 7- 1 6-25 ";$5 (quar.) preferred (quar.) Western 1% $1.40 6-25 6- 7- 1 6-15 1 6-15 Three 6-13 Operating Operating Casualty ? $2.50 Insurance class A 30c 25c Securities common Western Maryland Ry., 4% pfd. 5% 1st preferred (quar.) 6-10 6-14 $2 8- 1 Bank in the Oil Months Province of Quebec. March 31— 1957 7- 1 income $642,856 Net 6-13 and expenses operating taxes—— 9-14 9- 6-28 $325,656 9,710 $335,366 $170,841 Interest, lease rentals, rework and 6-28 dry pense, hole costs and abandonments 45,581 85,788 6-18 •Net Income (quar.)—— 55c 6-29 6-14 Earnings preferred (1955 series) (quar.)—_— Western Tablet & Stationery, common ■a 5% preferred (quar.) 1 : ,5% preferred (quar.)—: 37'Ac 7- 1 6-14 V. 7-15 6-25 $1.25 7- 1 6-10 $1.25 10- 1 9-10 20c (quar.)_^ Westmoreland, Inc. (quar.);— 30c Weston (George), Ltd., class A (increased) 112 Ac Class B (increased) 112'/2c .—,*• Weyenberg Shoe Mfg. (quar.)_____ 50c Wheeling & Lake Erie Ry., com. (quar.)____ $1.43% 4% prior lien (quar.) $1 Wheeling Steel, common (quar.) 85c 7- 8 6-24 7- 2 6-14 7- 1 6-10 7- 1 6-10 7- 1 6-15 nounced company is seeking authority to build a total of approximately 55 miles of pipeline and 3,000 horespower in additional compressor capacity in Jackson, Lawrence, Fairfield and Licking Counties, Onio. The application covers the construction of about 37.7 miles of v Natural Gas— *No 5% Western Tool & 60c Stamping > prior preferred Whitaker White • Paper Motor 5(4% Whitehall Wieboldt $4.25 6% Oil Manufacturing & (quar.)_— (quar.)— Co., Inc., (quar.) 7 7- 1 6- 7 7- 1 6-14 inch 6-24 6-10 6-17 ing County. from Oil Public common Inc ,— 1 1 6-20 7-31 7- Service, 8 10-11 7- 1 6-17 estimated 6-29 6-14 retire 7-31 (quar.) 6-20 1 6-28 6-14 50c 6-27 6- 6-27 6- (monthly) Monthly .Yellow 6% York Cab (quar.) preferred Corrugating (quar.). existing Fuel and 000 line will cubic line from operate plans to capacity at conditions. Cost feet 6-20 Ohio Fuel's Crawford this line. of unsuitability the enable retirement the daily.—V. its an for is also mile of to 2375. Crawford conversion line 3,000 station wants estimated 17.2 feet company additional Crawford company units at the compressor and install The station to at to horse¬ handle authority high to because pressure $151,227. 7- 1 6-20 8- 1 7-19 37 Ac 7- 1 6- Three struct applications and , 7-31 7-10 25c C-25 6-14 at filing, 7 37Ac has the ; The operate an by 185, p. applications this natural estimated Federal weeks, geared been Essick Los shares 2451. this for to named is Angeles, the said pro¬ i3 '• outstanding at the . company's research to , full < also B. the of of of de¬ type dis¬ was , the directors Pendleton, President, new It new vaccine, if 2562. p. Board— on Manufacturing Co. of have the Asia, ' , production board director a scientists combat much of of Los Angeles, Pendleton Tool the announced June on 12. the Waste Pennsylvania RR.—Tender for Bonds— Girard until 3 general of an Trust (EDT) p.m. amount Corn sufficient 100%, Exchange June on mortgage 28, 4'A% to excluding Bank, 1957 bonds, exhaust the interest.—V. Pennsylvania-Readingr Period End. April 30— Net Net operating Philadelphia, receive series sum 185, tenders "E," of Pa., will for the sale July due $250,109 1, 1984 to prices not to at to 2562. p. Lines—Earnings— 1957—4 Mos.—1956 $762,833 $827,797 $2,959,011 expenses 903,653 864,895 3,558,512 3,449,021 ops. *$140,820 *$37,098 income__ *412,724 *$530,255 *290,168 *$599,501 *1,655,800 from rev. Seashore 1957—Month—1956 rev. oper. ry oper. ♦Deficit.—V. ry. 185, p. $2,918,766 *1,463,703 2218. Pepsi-Cola General Bottlers, Inc.—Sales Up Power are as gas oost seeking In $2,375,692 Commission three $912,923 1956. 35% or The authority to Washington, Colorado have announced been on May accepted con¬ and for according months 1957 over sales acquired In August, to 1957., 1956. number of shares. ./.Mr. Bei el declared that second quarter sales are running well ahead of the corresponding 1956 period. He said he was confident that sales for the full year would approximate $18,500,000, net income would be $1,100,000, equal to with 1956 sales of share. mon "The and of a common share. This or would 84 cents compare a com¬ r company," Mr.; Beisel added, "is following a program of selling leasing back plant facilities on favorable terms." He predicted upon 1957 about $1.10 $14,400,000, net income $827,000 the budget completion of this program and the achievement of all debts may be eliminated by Dec. 31, 1S57. the Formally Opens New Plant— May 17, 1957, the new $2,750,000 bottling plant of this company, side of Chicago, 111., was formally opened. plant will increase substantially the company's capacity and serve to reduce unit operating costs. Also, It was designed to permit adding additional bottling lines so that output can be stepped on tne south The new further as demand in the up area increases.—V. 185, p. 29. follows: 35%— E. E. Beisel, President, reported for net sales of $3,462,578, an increase of the $2,579,655 in the corresponding period of Include the results of the Louisville franchise of The company reported net income after Federal taxes of $35,152, equal to nine cents a share, on the 985,960 common shares outstanding compared with net income of $124,473, or 13 cents a share, on a similar On facilities corporation, first per corporation of This the that will provided-capacity for day, and that the 37.7transport an additional 74,000,gas Pacific Northwest Pipeline Corp.—Plans Expansion— 5-31 25c He an¬ approximately 17.2 miles of 20existing line southward from Its ter¬ 1,000 confirms saturation Security-First National Bank King Corp., an advisory board member of California Casualty Indemnity Exchange and is Chairman of the board of The T. L. Smith Co. of Milwaukee, Wis.—V. 185, p. 1389. system, County to its Treat station in Lick¬ previously received temporary authorization company said that the additional 39,000,000 cubic mile Co.. (San Francisco)— (quar.) an construct Ohio load four Idaho Yale & Towne Mfg. $4,702,900 Commission 5 62 Ac 25c Co. o. company's line. obsolescence an 5 $1 25 total the Power now indicated. in TV, set 3,300,000 Bryant Essick, President of Essick of Fairfield The 6-10 12 Ac construction proposes to build will extend an compressor operation. 5-31 7- in power 7-15 30c Federal broader, of Pendleton Tool Industries, Inc.—Essick $0.04 County to the company's Symmes compressor station County. This extension also will parallel a portion of addition, 1 1 $1.50 (quar.)_— & Lothrop, common (quar.) preferred (quar.) Corn., common (quar.) Jr. In 8- 7-12 to which existing an in In Jackson 11- 75c com. capacity to the also Lawrence of Worthington iWm.) in 25c 7c filing, -v..'." evolution a - The company FPC line minus station Fuel $1.06'A Co Co. inch 6-20 7-39 50c additional for 7. paralleling the 25c (quar.) Woodward Wrhdw 77- 8-20 provide a problem , is Construction— the the effective, the company said.—V. 185, Railway Railway New economics 12. Parke-Davis necessary.— 24- line Ohio - —i. Woodley Petroleum 5% 6-20 75c Wisconsin Electric Power Co., 6% preferred (quar.) Wiser 6-19 1 to June compressor 7- 7- considered "the product to Balaban vaccine designed already has swept through June The 7-12 6- 6-29 Gas Co.—Plans accepted on 7-12 25c $4.25 preferred (quar.) Winn-Dixie Stores (monthly). Wisconsin been 1 $1.06'A — (quar.) Co. Common designed has 1 40o taxes by this company proposing pipeline facilities estimated to cost gas 1 20C (quar.) Williams-McWllliam Industries, Wilson natural 8- 1 income application 7- $1.31'A •. common preferred preferred Wilcox An Fuel 75c (quar.) Cement Stores, Ohio Federal ■ „ presage our $85,053 $0.15 for 3013. p. 50c (quar.) common share per $"1.25 (quar.) (quar.) Co., preferred 183, and $289,785 provision 8- — $5 6-18 an Si Co.—Produces New Flu Vaccine— two which exceed 6-28 Mr. experimental It remedial ex¬ declared, television 1950.—V. than an on The 6 he "astronomically" approximately 185, p. of closed $153,304 ' • 17,537 income Total 6-18 37'/2c less Mr. $481,267 327,963 317,200 income of inevitable, Industries, Inc., Morris $1.75 Western in of 1956 become v \ field, theatre outlets for risen and • Calif., Co.—Reports Increased Earnings— Ended is have approached, veloped (Hospital Notre-Dame)—^To Re¬ TV on pattern TV pay Parke-Davis : ' 7-15 $1.50 $1 (quar.) $1,23^924 - boxoffice . to motion pictures for television. He pointed out has been careful not to make "any premature deals film library," the temptation to do so not¬ v-«•. costs beginning 115,873m ,^162-,099 6-14 7-15 20c 7% 1st preferred (quar.) Western Massachusetts Cos. ; 1 7-15 Other V . Canadian Oceanic Co.— (accum.)—. Co., 7- 150c (quar.)—_— A $6 preferred (quar.) Western Life Insurance 6-29 7 135c Grocers, - Ltd., class preferred (quar.) .Western . National 7- <fc Surety (quar.) Western Department Stores (quar.) Western the $1.25 — $996,353 " 7 $1.12 V2 ——— preferred $4.50 6- ' $535,'478 '" '141,277 home . pre-1948 developing proven 6-10 17c pfd. — ■■ organization has called for redemption on July 2, 1957, all of its first mortgage 3% bonds due to Jan. 1, 1967 at 100%. Payment will be made at any branch of the Provincial Bank of Canada or 6-15 West Virginia Pulp & Paper (quar.)— West Virginia Water Service, com. (quar.) Stock dividend 125,247 (3) intends market that The 6-20 $1.10 West Texas $359,696""; ;; and of cash-pay system. He said he believed that the company's policy of shrinking its capital structure has unquestionably protected and benefitted the best interests of its stockholders. "It has enabled us to maintain our $2.00 dividend rate within the bounds of prudent business practice." The Paramount capital structure is now just below 2,000,000 whereas it was shares, ' 2451. p. our influenza 6-20 — 185, Notre Dame Hospital deem Bonds— 6-20 $1.05 V. 6-10 preferred C (quar.)__—— preferred B (quar.) $1.02 A 4.20% 4.10% 6pers. ppef.;W__ • of reconciling TV ratings with higher costs to the sponsor is becoming more discouraging to ad¬ vertisers. Pay TV is the answer, he declared. "There are many persuasive reasons for believing that the cable approach will be most eflective in getting pay TV 'off the -ground' quickly," Mr. Balaban held. In describing the Telemeter system, he emphasized the advantages of its has ;■'''•*•< " the Paramount, although its future busi¬ servicing three types of customers:-Xl) is being contract* ill "•/'v"" -V-;'.. supplier company duction North said consist for far-reaching view 1957—Month—1956 1957—4 Mos.—-1956 $1,091,714 $1,322,754... $3,770,174 $3,617,321 732,018 787,276 ;' ;f?;^73,821 2,378,397 revenue— oper. » : (quar.) Electric Penn y 1 the The entered 5 37 Ac pper. •Railway 6-14 25c i Payable in cash or stock«' Wesson Oil & Snowdrift (quar.) West 10- to also Northwestern Pacific RR.—Earnings— ? 6-15 50c under reserves r encompassing both theatres and television." revolution both in motion pictures and television, he portended by "the significant success scored by old: feature li)m libraries released to television during, the past year." Paramount is "coming closer" to decisions with respect to sale of its pre-1948 film backlog to TV, and the company's position i3 stronger for its delay "because there - are only a few unreleased pre-1948 libraries left in the industry." Mr. Balaban added that the post-1948 Paramount product, too, is equally valuable as future TV product because of the high percentage of color films and the more advanced production techniques represented in it. Mr. Balaban noted that the company's foreign operations continue to hold to a satisfactory level. He said that at the end of blocked cash' abroad 1956, amounted to $5,500,000. Paramount is do production planning to overseas, he reported. ' formerly having the contracts, Northern gas '• Railway 5.0c . in to expected diversified . reserves • June 4' announced that production distribution will continue to be on theatrical revenue withstanding. gathering Co., / , Corp.—Pay TV Inevitable— President, for of New horizons in the from complete reliance . . . gas T-v 3 -i- of 6%-inch - pictures source involving area with a daily delivery estimated at 57,400,000'cubic feet. Northern said the existing facilities were not adequate to transport additional daily volumes available tp it in this ar'ea. The FPC said the temporary authorization "is without; prejudice to such final disposition of the application for certificate as the record may require." .—V. 185, p. 2673. .t. '-.tO T <.»•• 6-14 7- is that The Northern Refining cubic of June on operators, (2) sponsored television provided by pay television. 4 Mr. Balaban revealed that Paramount $1,- line facilities. miles miles 41 Corp., Philadelphia, Pa.—Files With Exchange Commission— -theatre the 6-14 7- ': company tem¬ facilities in 16-inch about is line construct d'Alene near Sales Balaban, motion ness gas of plant the corporation principal * 12.7 line construction the remove approximately 227,960,060,000 5 1 " approximately company said in its application that it has recently two contracts, one with Pan American Petroleum Corp., Stanolind Oil & Gas Co., and Humble Oil & 6-19 1 $1.13 A - . construct The 6-21 $1.37 Va — (quar.) ■ 5r 7- 25c preferred (quar.) preferred (quar.) conv. lines . (quar.) Co.—, t. of ... the (quar,) 5A% preferred (quar.) Warner-Lambert Pharmaceutical Co.— of proposes 7 6-20 35c " opreferred (initial quar.) Waukesha Motor.Co. (increased-quar.) Weed 5 Disney (Walt) „ common 7-15 of existing 10-inch line; to boost the capacity of its Spear¬ man dehydration facilities by 50,000,000 cubic feet per day; and to construct . ... Quarterly from ordinary income Tlernan, , tnis natural cost Co. ^ said, Into Quarterly' & 1. granted operate estimated Hill Paramount Pictures $9,122,363 *7,112,403 an cost to proposes has and County, either Barney > < ■ Commission : replace Worts, Ltd.— Wall Street Investing Corp.— , - 62 Ac (H.)-Gooderham & Wallace i 25c 2375. authority to construct County, Tex., at an certain Wagner Waldorf System, Inc. (quar.) •_ Walker & Co., common (quar.J___ 7,127,488 common Federal The 6-15 6-10 ;; per 982,000. '6-15 6-30 used . 91,271 ' ■' $9,578,638 7,127,488 outstanding inch lateral line to Miguel 3 filed a letter of notification with the covering 5,500 shares of class B common stock to be offered at ($10 per share), without underwriting. The proceeds are to be for working capital. par . ' —— $9,697,304 shares inter- 3A proposed facilities is $113,940. plant would be 205,000,000 cubic to proposes Coeur of depending Important Hansford 7 6-20 the Northern Natural Gas Co.—Plans Expansion— porary ioc .; in $12,281,788 $12,119,747 $11,222,363 2,584,484 2,541,109 2,100,000 bonds-- income The 6-14 6- time SEC A , 6-30 $1.12 _____ first on p. 5-31 6-17 to 316,630 — the the basis. Northwest 6%-inch to by The 328,187 of to direct a miles V $11,953,601 $11,803,117 $11,131,092 i interruptible Panorama * *»1 t (quar.) Sncome__ cost deliveries Securities and time from on 4.5 proposed Bunker Hill line. These towns would he Citizens Utilities Company or Shoshone Natural Gaa on efforts by the two firms to secure state and municipal authorizations. The five communities would require 690,000,000 cubic feet In the first year and 1,278,000,000 cubic feet' in the third year.—V. 185, p. 2562. : » ' 1, 5-31 ! 6-30 (q%ar.)____ common preferred conv. 6 8-20 (quar.t— Vulcan Materials Co., 5-31 12c adjacent share $1.36 "' "'''$1.34 $1.28 Adjusted to include 1,000,000 shares of common stock issued Feb. 1957 to Mar. 22, 1957, inclusive, for the conversion of 100,000 shares of preferred stock.—V. 185, 5-31 6-20 150% * $82,070,672 $81,744,787 $74,462,612 70,117,071 69,941,670 63,331,520 income—. Common 6-12 „ dividend) n ^ pajmext her# '^£4v.' 6-20 6-20 68 %c (stock non¬ : ; corrected feet lateral to a metering station at Kellogg, Shoshone County, Idaho. Esti¬ mated cost of these facilites is $1,230,300. The service to Bunker Hill would be 1,150,000,000 cubic feet annually on a firm basis. In addition, Pacific Northwest states that it expects to seek author¬ ity in the fall of 1957 to supply the natural gas requirements Ipr Cataldo, Wardner, KelJogg, Osburn; and Wallace, Idaho which aro ' v., The estimated its cubic construct from its existing 6%-inch Uravan Nuclear Co.'s plant at Slick Rock, San Pacific from to proposes extend annual an the Bunker Apr. 30,'57 Mar. 31,'57 Apr. 30,'56 and taxes expenses operating 6-20 1 7- $1.03 Products____._—___—^ Vltlcan Corp., S3 % $1.05 & Telegraph Incorrect. to The on line .-«.«• . Indicated 6-20 6-28 "5 (quar.) Virginian Railway Vita Foods Is V income™ Earnings (quar.) was date revenues—: Operating 6-12 ; 25C (quar.) 7%. 5-24 " r- $1.01 — date Months Ended— Net $4.04 tax 6-20 $1.50 <6-7 i'n : < ' 3oc r fluctuating market conditions. COMPARATIVE STATEMENT OF EARNINGS r. -V1, * " 12 ' New dividend. tax. record feet (Continued from page 10) " 't.:. i, )2- 6-28 87 Ac , this . 35c (quar.)___ ______—' Victor Equipment Virginia-Carolina Chemical Corp.— .6% participating preferred (accum.) Virginia Electric & Power— Estimated (3) for position of maximum flexibility to finance, future, on the best terms possible under 8-31 •7-2 , Colo. 2 General Corporation and Investment News 6-10 * 6-28 J: 7-' 56%C *50c 2 7- , , 6-28 Northwest Carbide '7- 1- 8-1 75c- ; published r 8-28 . 6-17 •15c preferred (quar.)— Viau, Ltd. (quar.) 8- - 156'Ac . closed income and/or 1 ■ ; lateral line 6-28 873,600,000 Pacific Company, 7-5 7 6-20 \ (2) served 6-14 . 9-10 " Works, not 6-14 . 7-15 ' 25c $2.25 preferred date * 6-14 -$1.25 Inc. (quar.) Venqo Co.,*common (quar.) 3 Yg % 1 . Veeuer-Rooc, Chemical 7- ,20c ———— (quar.) Victor j Previous 6-17 $1.25 (quar.) 5% 1 V 7-15 t30c! . Jamaica 6-21 6- 7- 10c (quar.) preferred '7- 5 7-1 57c — ruptible basis. 6-15 6 •.'25c — common Vanity Fair Mills (quar.) Vapor Heating Corp.— 5% books ,"v preferred 6-15 1 6-14 15c (quar.) Appliance Corp.— 6-15 1 Union ' 30c - Uflea, Transit Utility • 30c — (quar.).-. 12- 6-28 1 77- 50c '9-6 12-27 ! 25c' - 7- $1.25 (quar.) tax 15%; resident Less British Income tax. a x Less <6-14 to a measuring Portland Cement Co. and regulating station at the Northwestern plant at Grotto, Wash. The estimated cost of facilities-'Is- $1,031,452;" The annual requirement lor the' first year's operations would be. 62 Ac tPayable In U. S. funds, less 15% Canadian non-residents tax. $ Payable In Canadian funds, tax deductible at the source, 7-11 ; 1 Wash,, 17Ac (quar.) common •Transfer , 7-11 8-1 40C " Picture^ Co, 1 8- •7- 40c Universal 6-14 :';6-29 50c ——; v" (quar.)_____ —' " Universal Marion "Corp. par) resident - of Rec. the ($50 preferred (quar.) Radio Corp. (quar.)_ 6-15 ''6-14 6-28 ' 25c % 1 7- '7- 1" 80c ; Steel.Corp., Ltd. Utilities (quar.)4 Unitersal Leaf Tobacco— ;; New common (initial quar.) 8 4A% Zenith United f preferred Zellers, Ltd., ,6-15 7-1; Holdera Payable 7% preferred (quar.) Yoi'.ngstown Steel Door (quar.) 6-11 1 preferred 5% 7 When Share Company Bros., Inc.— 5% 7 1 $1 (quar.) Y.) 1 7- 15c Younker 7 6-26 22,/2C . 6- Per Name of 5-20 7- G Ac ___ of Rec. « 1 7- $1.75 (increased s-a) preferred series 7- 20c —; Y.) Playing Card_: Printing & Lithograph Co., S. 6-20 • 40c 53 Holier* Payable 37 Ac — (quur.) Lumber Co. 5% When 1891. Permian Basin Pipeline Co.—To Increase Facilities— (1) Pacific Northwest proposes to construct 34.5 miles of sixfour-inch lateral pipeline from its 26-inch line in Snohomish find County, The Federal authority to Power Commission has granted construct and operate natural this company temporary facilities to enable gas ' Financial Chronicle The Commercial and 54 . ' . Monday, June 17, 1957 . I (2850) and transport a new supply of gas to be purchased at Schleicher County, Texas. Permian proposes to construct 83 miles of 16-inch line from its interconnection with the proposed gathering facilities of Pioneer Gathering System, Inc., of Amarillo, Texas, to Permian's existing fa¬ cilities at Spraberry. In addition, Permian proposes to construct a compressor station consisting of three 1,320 horsepower units. The estimated cost of the proposed facilities is approximately $5,053,400. receive It to a point expansion Inc.—To Continue Growth— "in the area of predicted on June 3. Mr. McKeen said that 'r1 , 1( , the company's pharmaceutical business in fallen' oft from the record first-quarter levels but chemical, agricultural and international sales had maintained a satisfactory pace. V : He added: "First quarter sales were up 16% and earnings were up 19% over tho same period last year, but we doubt whether this rale of increase will continue through the balance of the year." Mr. McKeen estimated capital outlays over the next two or three years At $20-25 million. In the current year, lie asserted, funds will be allotted towards the construction and expansion of plants and research facilities in England, Argentina and Italy. Also under study, he said, are several domestic projects designed to increase capacity through new construction or through the addition of new and more April efficient "The dbes had May and that declared.—V. 185, Corp.—Establishing Primary Metal Af¬ Phelps Dodge Rico— in Puerto filiates ,.^,^^4..,..,^ 2219. p. meet these outlays and it financing will be required," he security any affiliate of Phelps present time, June 10. EDA, which has guided over 400 tJ. S. branch plants to Puerto Rico under the "Operation Bootstrap" industrialization program, said the X; Five including plants, metal primary new an Dodge Corp., are being established in Puerto Rico at the the Economic Development Administration announced on v five significant for two major reasons. and table is scheduled to start in the December when the $1,250,000 Phelps Dodge Operations, according to Gaspar Roca, Jr., a top expansion plant of Production was wire copper island Commonwealth this launches affiliate official Mr. EDA in the with U. Roca, York City. New Industrial Development Director 8. said the for EDA, to be known as the Phelps Dodge Copper Products Corp. of Puerto Rico, Will employ 70 persons when in full production. Ground for the 33,000 square foot plant was broken about two weeks — 10 payment 10 company, Walston ft Co., Int. —- six a on South and 180, purchase *fift6enr shades of common stock. The, units are priced at $135 each. The ottering is underwritten by a group of investment bankers headed t>y- Hulme, Applegate & Humphrey, Inc.; The Milwaukee Co.; The Ohio Co., and Stroud & Co. Inc. Prior to Septi 15, 1957, or such earlier date as the directors may determine, (he debenture and the 10 shares of common stock inciuded in each unit will be evidenced by a temporary registered debenture on the mer.se side ol which will be a temporary stock certificate. Such debenture and shares of common, stock will not be. transferable separately until Sept. 16, 1957, or sucn earlier date as the board may Gas Co.—Expansion— has put into operation the first of two 225,000kilowatt turbine generators at its new electric generating station in Linden, N. J. This station is unique in that the steam from its generators will serve two purposes; one, to generate electricity, and the other to supply the steam requirements of the Bay way Refinery of the Esso Standard Oil Co. which is adjacent to the station. This company determine. turbine- :v.v . generating facilities with its two initial electrical facilities will be upwards of $100,000,000. The new station will be a part of the company's inter¬ connected electric system as well as supplying the steam and electric requirements fit the Esso Refinery.—V. xao, p. 2o'<4, and the first five this fund's shares for May months reported by Roy R. Coffin, President. amounted to $280,667 for an increase of 297% over the total of $70,679 in May, 1956. ; ' For the first five months of 1957. sales totaled $926,923 up 81% over the sales of $511,393 in the like period last year.—V. 185, p. 2376. 1957 were sales Northern Ry.—Earnings— & credit agreement. proceeds from The oper. 1957—Month—1956 Net rev. Net $467,850 214,715 1957—4 Mos.—1956 $1,943,793 $2,017,316 872,470 871,746 $225,811 $253,135 $1,071,323 $1,145,570 341,095 379,500 from ry. ops. railway —V. revenue, operating exps. Railway 185, 83,821 67,395- inc.. oper. ' 2451. p. Expand— Pioneer Natural Gas Co.—Unit to Authorization to commence construction of ■ to previous FPC authorization, the company said. from the proposed new issue of promissory notes will be reimburse the company's treasury for expenditures made pursuant this early The fall. new be been shut important an resources, system gathering have heretofore will Val Verde, Sutton, and in as well oil lack for for gas wells which Additionally, it Texas' natural blowing to the markets. of the conservation of large volume has been in in gas outlets provide will in step past several months, Permian Basin Pipeline Co., a subsidiary of Northern Natural Gas Co. Of Omaha, Neb., has already contracted to purchase up to 200 million cubic feet of gas per day. Initial deliveries from the new air fof the estimated 2562. system are —V. 185, to be about 60 to 70 million cubic feet per day p. Portland Gas & Coke Co.—Common Stock Offered— offered to its common stock¬ rights to subscribe for 226,194 additional shares of common stock (par $9.50) at the rate of one share for each five shares held of record June 10, 1957. The sub¬ This company on June 11 holders scription price is $16.25 a share. X The offer carries an additional, subscription privilege under tvhich warrant holders may also subscribe for share in addition to those to Which they are entitled to subscribe under the pri¬ The rights will expire offering is being underwritten by mary rights. Lehman. Brothers. on a July 1, 1957. The group headed by -' PROCEEDS—Net proceeds from the offering, will be used by Portland to further its 1957 construction program. Construction expendi¬ OAs $6,058,000; of > which $1,003,955 had .been expended during the first three months of the year. The expendi¬ tures for 1957 estimated are at will be largely for mains, meters and services to serve tomers, and improvements to the gas distribution system. . . tures BU8INE88-—The new cus¬ operates STOCK SPLIT—The common stock May 21, which following 1957, a distribution gas was system in split two-fOr-one effective on 1,130,970 Common shares its of improvement and were out¬ standing. issued for con¬ facilities, Pure Oil Co.—Seeks SEC Exemption— it was announced on June 12, has filed an application requesting an order of the Commission exempting it from the provisions of the Holding Company Act. The exemption is sought because Pure Oil has a small subsidiary which distributes natural gas to employees and other consumers in West Virginia, and is a public utility company as defined in the Act. The exemption would be based on Pure Oil's being The company, engaged in a business other than that of a public utility The Commission has issued a notice giving interested persons 1957 to request a hearing in the matter.—V. 185, p. 616. company. until June 26, oh EARNINGS—Operating * in the 12 months ended 1957 were $13,807,000 and net income Was $1,451,000. CAPITALIZATION revenues GIVING EFFECT TO PRESENT March 31, •First mortgage bonds: 3V8% series due 1976 37b% series due 1974 431b% series due 1976 4Vs% debentures 3Vz% Instalment Notes 31, - payable to bank, Common stock ($100 par ($9.50 par $10,000,000 $3,010,000 3,350,000 6,000,000 $360,000 note 3J'2% due Dec. value) value). •Not limited except as set 50,000 shs. 1,640,000 shs. 8,000.000 None §1,357,164 shs. forth in the mortgage securing such bonds. exclude $70,000 of 3%% bonds and 3*2% instalment promissory note due within one year. $ Amounts of $6 000,000 1975 due promissory 1959 Preferred stock Outstanding outstanding $80,000 ' - .• - the several States. and ' /,. *;•.>'»' '• .• preferred mortgage installment due July 15, 1958— chattel mortgage note, due March *5% Outstanding $2,35;), 000 $6% $2,359,000 277,000 277.000 500.000 500,000 300,000 .notes, , ' PRESENT FINANCING EFFECT TO GIVING 300,000 .V< v -> ' ..." June on . tures, Class radio market also was made-today with the Mr. Toney revealed that the label, RCA International. new The two new models Shortwave are set radios would be the RCA International is a tape recorder or an extra notes, each in 170,000 shs. marketed under Table model speaker. '• on to SPavable rig used drilling in and the by „ , RCA for issumce Television : erlng and shares 45.000 additional an 'underwriters an of affiliate finishes. New of them. a-, The Ohio Stroud Alex. Co s. Inc—i Co., ft 800 Sons ft Brown Denne ft Scribner Sullivan & Co. Finger, Inc. - Co.. an¬ Manager include improved Turben Merrill. Underwood. ft Baker. Watts ft Co Walter Co F. 185, Hurt p. Inc., Salt Lake City, Utah—De¬ clares Initial Dividend— The corporation ceiits per share, on June 11 600 Woodcock, payable cm Aug. 5 to an initial cash dividend of five shareholders of record E. Hess, 400 400 Moyer McKelvy 200; L Inc. Masten A. 500 ft ft 300' Co 300; Co._ & Collins ft Co Cunningham, Schmertz 300! Trubee, 500 Co., Fauset, Inc. 2001 — Steele ft 20% Co Curtiss, House ft Co Miller ft ft 20% ; 200 Co Haliowell, Sulzberger ft Co. 200 2452. Reading Co.—Earnings— 1957—Mon'h—*956 1957—4 ilos.—1950 revenue— Sll.887,412 $11,553,169 $47,912,668 $46,388,515 expenses9,146,789 8.524,067 36.899,442 34.890.34. Period End. April 30— oper. Railway oyer, Net rev. from ry. opers. declared 400 40') 400 Arthurs, 400 400 400 400 Co Baehe 400 - Inc.^_ Richards ft Co Lestrange ft Co Kay, 6nr' Wagenseller ft Durst, Inc.— —-V. Farfell, ft Co., Inc. - Mosley _— White, Mastersom & Co._c.__ Bell Neuhaus ft Co., Railway Resources, Co., Un'ts 400 tuners, 110-degree aluminized picture tubes in all 17-inch, 21-inch and 24-inch (overall diagonal) sets; "one touch" on-off controls, motor tuning and remote control.—V. 185, p. 2562. Radorock ft Inc. ft Inc. 500 —^ ♦ ft B0yce.____1.__ Yeatman, Suplee. 600 ft Foster • , Stein Bros, 80) Stone ft Co Marshall.-'.- Hayden. severally have Kormendic At Co., Inc.u_u„ % 1.700 1.3on 1.300 1,300 Humphrey, Inc. -The Milwaukee Co . Allen features . below Units Applegate ft Hrlme, certain, of the /; ' ' ... set forth below: to purchase from the company unts as "agreed Division. performance being sold to are one underwrltef.T named ■'/../ UNDERWRITERS—The Highlighting the new styling features are reduced cabinet dept in all models; picture tubes completely enclosed in the cabinet; a stream¬ lined series of tapered portables; the first commercially acceptable corner cabinet sets; table models with swivels and a wide choice of modern on purchase warrants covering 255.000 shares are Included in ,the units now being offered. Stock purchase Warrants covering pn additional 30.000 shares afe proposed to be sold -to criain of the directors, officers and employees of the- company and additional warrants eov- ■ new Victor '.The , conversion' of ri-e class A (cumulative, convertible) capital stock. Also includes 330.00G shires reserved lor Issuance on exercise of warrants, of which stock (9INT1) Was Batos" and "Gaorge M. the, "J. W. Bates,"v wil be payable tp Supply Co.<-■ .tlnclbdes 679,000 shcres reserved • engineering innovations in television history," Charles P. Baxter, Vice-President, and General (&» pre¬ DTn-.-rn**". connection with National line of RCA Victor blaek-and-whilte television receivers, featuring what are described as "some of the most important nounced National used in platform Bosworth, completely held ere and related; equipment connection with the "George M. Reading"; an! -tci on assignment of the proceeds of each of tl;e two: drilling contracts with Continental. *..% $Tbis\ndte, secured by a chat tel mortgage urn the rig used -In-, copruction with the "j. W. Bates,".;is payable to The National Supply Company.' *' V "■"/';; > r'\' '/"to ' / * New Line Of RCA Victor TV Receivers Unveiled— A 491.000 sps. of $1,179,590. principal-amount the mortgages on the tenders. "J. W. a chattel- mortgage on the rig the - ...-• „ 169.750 shs. *1,500.000 shs. 20c)„:, (bi located Along styled value Reading": . which (par s: ip ferred continental linesand features five speakers, seven push-button controls,, vernier "RotoSpeed" Station Selector for pinpointing .stations.- Ih addition the set has separate bass and treble controls plus plug-in Jacks for a phono AM-FM stock 1/700.000 1,700.000 * value) par console—manufactured a American <no deben-. 1967^._.-___-.-__— convertible) cap¬ 1, " due by Tne First National Bank ft Trust Go. of Tulsa and Mellon Bank & Trust Co., respectively. These notes are secured by: tne. growing imported unveiling of two new specifications,.[ of stock •Two of the entry of RCA Victor into to Radio Corporation sinking, fuhd June (cumulative, Common v in Europe due A ital . Announcement 1958-Sept. 15, subordinated 6% Fidelity High notes, 15, 1959 mortgage chattel March 4 unveiled its 1957-58 line of New Ortho"Victrola"' phonographs—the most complete line ever marketed by the company—featuring an increased number of multi-speed sets, all equipped with stereo-jacks for the addition of stereophonic sound systems at any time. ► James M. Toney, Vice-President and General Manager of the Radio and "Victrola" Division, Simultaneously announced that three new Recorder-"Victrola" Stereotape Players, all of which also record and play-back monaurully, will be marketed in late summer. In explaining the company's increased activity in stereophonic equipment, Mr. Toney said, "Our first low-cost stereophonic systems were introduced only last year. We have. found the public quick to respond to this exciting hew home entertainment medium. We., how believe that the future of high fidelity lies Within the realm of sterophonic sound. For this reason* we have 'equipped our entire line of four-spAed high fidelity, for easy adaptation .; to < stereophonic sound and are making available additional- stereophonic systems to complement the line. '■*•+. V ; The 1957-58 "Mark" high fidelity. series consists of a threecabinet deluxe console including AM-FM radio,; high fidelity, ..stereor phonic tape player and. tape recorder; three singlecabinet AM-FM radio-high fidelity combinations; two console high fidelity Sets/ two consolettes and a portable. Two "45" rpm high ■ fidelity' sets, aportable'and table model were Introduced earlier this year by RCA• Victor. '• v f : ' ' "Our Mark series is the most popular line of phonographs manu¬ factured'in the history, of our > companyand the new- models" offer the finest fonal quality yet perfected by our sound engineers. Every set Offers perfectly balanced and matched components," Mr. Tohey Sftid% corporation The phonic installment preferred mortgage due Sept. 15,; 1959 note, 116% Introduced— styling FINANCING >% Authorized §G% of Authorized States * America—New 1958 High Fidelity Line Radio Corp. of attachment, quarterly dividend on the old stock was increased May 15, 1957 to 30 cents a share, equivalent, to 15 cents a share the split stock. United CAPITALIZATION OTVIDENDB—The on ■/%///7%'./.' 2674. For details, see V. 185, p. oversubscribed. ; from the sale of the LeTourneau off-shore -mobile platform anct< me rig and related equipment to be used in connection with the platform which will cost in the aggregate approxi¬ mately $2,800,000. The additional $810,150 will be evidenced in part by the company's 6% preferred mortgage installment note, due Sept. 15, 1959, in the princijral amount of $500,000 payable to LeTourneau, and in part by the company's 6% chattel mortgage notes,, due Margh 15, 1956-Sept. 15, 1959, ih the aggregate principal amount of $300,009. payable to The National Supply Co. The remaining $10,150 will be provided from cash generated in the company's operations. _ BUSINESS—The company Is a Delaware corporation incorporated on Oct. 19, 1955. Its principal activity has been the drilling of oil and gas wells off the shores of the United States under contract wilii holders of off-sliore leases. The company is qualified to do business in Oklahoma, Louisiana and Texas. Its principal office Is in Tulsa, Okla. There is no current market in the company's common stock. * The company presently owns and operates two off-shore drilling itenders ^and related rigs and equpment now under firm contract with Continental Oil Co. It has entered into an agreement with R. G. /.LeTourneau, Inc. for the construction of an off-shore mobile platform %|; which the company plans to use for drilling under contract and for " drilling .for its own account. It is anticipated that the new off-shoie mobile platform will be ready lor delivery by March 15, 1958. r" The company is presently engaged in the business of contract drills ing of oil and gas wells in the (:rea 0I" t5^e Glllf of Mexico subject to the offering of 700,000 shares of capital stock, made on June 3 by Frederic H. Hatch & Co., Inc., Clark, Landstreet & Kirkpatrick, Inc. and Minor, Mee & Co. at 50 cents per share, was dilution. against PROCEEDS-—The net proceeds to the company will be applied to the purchase of the securities Quinta Corp.—Stock Sold—The public AM-FM Shortwave models—a table model and the states Of Oregon and Washington where it serves an area of approxi¬ mately 450 Square miles, located principally in Portland and the Wil¬ lamette Valley in Oregon. A total of 80 communities in Oregon and three communities in Washington are served by the company. company extension completion, refund Proceeds used to said.—V. 185, p. 2452. primarily facilities-for the gathering Scheiicher Counties, Texas, has been received by Pioneer Gathering System, Inc., a whollyowned subsidiary, it was announced on June 11. • Authorization came in the form of a temporary emergency certificate of public convenience and necessity, granted under the emergency certificate rules of the FPC. Original application was filed Nov. 29, 1956. The projected system will comprise some 70 miles of pipeline and one compressors station, costing approximately $4,500,000. Construction is expected to begin almost immediately as a major portion of the materials is already on hand. Completion is scheduled for sometime of natural gas sale end has the sale of the bonds will be used to amount of unsecured promissory notes principal $20,000,000 Puget $446,890 221,079 Period End. April 30— Railway them authorized this company to $20,000,000 of first mortgage bonds at competitive bidding and to issue $25,000,000 in unsecured promissory notes. , • The FPC conditioned its authorization in that prior to the con¬ summation of the bond sale the Commission, by further order, must approve the price to be received ana the interest rate. The promis¬ sory notes will be issued j to various commercial banks pursuant to a Commission Power Federal sell struction, Piedmont Co.—To Sell Bonds— Puget Sound Power & Light The including June 1, 1959 at 104%; at 103% i thereafter to and 1960 1 auxiliary and to and including 105% at part, in or and total cost of the Linden The generators and at the option of the company, juneT. 1953*. thereafter to thereafter to and including June including June 1. 1961 at 102%; thereafter to and Including June 1, 1962 at 101 %; and thereafter at 100%; with accrued interest in each case. The stock purchase warrants will be in bearer form, negotiable Upon delivery separately from the-debentures and common stock. Each warrant shall entitle the bearer thereof to purchase on or pribr to May 1, 1962 'all or part of the share's of common stock covered bv the warrant at a price per share of $3.50. The tvafrants contain certain provisions for adjustment in the number of shares of com¬ mon stock covered thereby and in the price per share to protect all it which units. ture > through operation of the sinking be redeemable may and accrued interest, 100% at , ■ debentures The fund generator design is more complex than the is expected that the station will operate at an Will be more than 10%. better than that of any large steam generating station now in service or under construction in the United States, including the supercritical and high-tempera¬ the Although conventional, economy stock and one warrant to shares of common ten ture, 1210. p. Public Service Electric & Securities purchase warrants covering 25.7,000 shares of common stock was made on June 12 in units of one $100 deben¬ Power Co., in the respective amounts of $1,050,000, The subsidiaries will apply the funds for neces¬ additions and improvements.—V. 185, p: 2103. • Progressive Farmer Co., Birmingham, Ala.—Files— The company on June 3 filed a letter of noliiication with llie SEC covering 467 shares of common stock (no pari to be offered at $90 per share to key employees pursuant to a stock incentive plan. No underwriting is involve!. The proceeds are to be used for working capital.—V. — public offering of $1,700,000 Q% 'subordi¬ nated sinking fund debentures due June 1, 1067, 170,000 shares of 20-cent par value common stock and stock Penn property sary Co. Drilling Offshore Bates & Offered—A $900,000 and $119,000. Philadelphia Fund, Inc.—Record Sales Reported— May will be $281,875. Federal Uranium Cofp.. Radorock's parent will receive $143,209 from this dividend.—V. lc»5, p. 2452. ' Reading acre Record sales of outstanding; The total will be paid on 5,637,493 shares The dividend 5 Co month. of high grade ore a than 4,000 tons 15 Co Increase Investments— it was announced on May 31, has issued an order authoriz¬ ing this company to make additional common , stock investments in its subsidiaries, Northern Virginia Power Co., Potomac Light & Power Co., site on the outskirts of San Juan. The facility is being built jointly by the company and the Puerto Rico Industrial Development Co., an agency apart from EDA which puts up factories for Bootstrap manufacturers.—V. 185, p. 2376. ago . Fenner Pierce, Lynch, Bcane Newhard, Cock & Pacific Northwest firm, new of : ft — ft Co The SEC, equipment. company's cash flow is sufficient to appear Co. ft Stearns Potomac Edison Co.—To production hot Adams M. . . . and diversification of its product base should complete the year with a sales and earnings 10'/c" over 1956, John E. McKeen, President, enable this corporation to gain Merrill 30 5 15 Edward L. Burton ft Co.__f— 5 Gerstlcy, Sunstein & Co. 5 —V. 185, p. 2562. -ii'.X.jt. Brothers Lehman Bear, (Chas.) Pfizer & Co., Continued names respective percentages purchased by them are as presently holds slightly more than 52'v which in Rrtdorock. of the several underwriters and of the unsubscribed common stock to be follows: UNDERWRITERS—The 1792. 185, p. —V. Uranium Corp., of the' outstanding stock W6 to..,-..;' The dividend represents approximately one-half of the tiet earnings, after taxes, fpom Radorock's Radon uranium mine for the past sik months, said R. W. Neyman, President. This mine, in Utah's Big Indian District southeast of Moab, Utah, cui-rently is producing more formetl M*rcb 31, -1956, by Federal The company was participants in Employee Purchase Plan. the E. for reserved shares 1,654 of ^Exclusive Stock In July 5. Net —V. railway 185, p. oper. 2452. inc.— . $2,740,623 1,422,969 $3,029,102 1,267,146 $11,013,226 $1.1.498.2?; 5,331,166 4,993,1% Volume 185 Number 5647 . . The Commercial and Financial Chronicle . (2851) Reichhold Chemicals, Inc.—Delivers Large Resin Order Some , "single tank 60 orders recent by this corporation, About [Yard 2,000,000 at of ears in it pounds 1,600,000 resin Va., June on from RCI's to go Known as of one to U. largest S. ■ of* ;th£ San Norfolk for Navy at Elizabeth, N. J. Navy Yard, Vallejo, Francisco. > Steel producing in stock Dallas, properties announced , With ■j: oil June on the antl of J. Westlund, [ purchase, producing 27,415 on uranium claims in the Ambrosia i in * billion cubic * feet acquisition of gas. properties is expected The estimated to be $4,400,000 * costs, 1,950,000 are area future after net 34% , 1, 1957. in which time Grant, Westlund, " Foster f' of oil . of Mr. in combined Hegyi 1957 Is has owns plus in the in two A these L . '■ . \ : Reliance Electric & Engineering The of shareholders of record proposed I-, Juno on Closing Ma. t date ' of share of : f.-.-' ' When 1 the company's and company record a of of of as for was set for July for stock to 31, will each Reliance will be 2376; listed and Master from tall the on j, h i . Steel Corp.—New in - V', f ' New common electric two new 408,000 ingot eight tons furnaces, a which will year; effected ingot will Co. in In will 120 be made At New the from the 789,000 tons at which ' 15. and will first time. the put Gadsden In plant the coll sheet picture for V *■'V V- Besides the 10.000 tons out lengths.—V. 185, 1792. p v.* Y.— The ince * the ^Changed— The mon , the * an . V. 'Jv1 . ; ' k shareholders stock to a Mass., continuing last plant. of program which of has the of .will totalled in 12 June on announces today associated (June with 17i that Robert L. Oil 1957. Indian ' Royal The Creek Uranium in Corp. nntil and other from The ; v net was of 1957. of . companies £51,742,000, '•'v \l .""• or from increase 1,620,000 the authorized shares, and and 185, 1792 and p. 2452. Rheem Manufacturing Earle M. " ' *.' the Jorgensen of Co.—Jorgensen Los Angeles has been [ See director a 184, p. available to the compared owns .' ■ <' Group had a Mr. Jorgensen is Los Angeles, President He and is a is of Board the Earle M. Chairman director and Jorgensen Co., of member Baker of Corp. Co., He of Northrop Aircraft, Inc., Hawthorne, Calif. .the Citizens National Trust & Savings Bank is of also Los a Rutland leading a Tube & Executive Committee i ' Steel the 60% a and Shell director Angeles.—V. >P- 2219. of 185, Richmond, Fredericksburg: ^ •> •• " Period End. April 30— Potomac & 1957—Month—1956 RR.—Earnings oper. revenue... $2,366,370 $2,440,230 $9,675,713 oper. expenses. 1,528,667 1,491,777 6,149,055 $837,703 $948,453 Net rev. railway oper. jnc.__ 289,097 $3,526,658 $3,606,216 1,215,194 185, 2219. p. railway 185, Dollar second Riegel Paper Corp.—Definitive Debentures Ready— in exchange Hanover sinking fund debentures due 1981 are now first available for outstanding temporary coupon debentures at The 70 Broadway, New York 15, N. Y.—V. 183, p. 2902. Bank, stock Interest Transport & in the operating Trading Co., Ltd., 181, Riegel Textile Corp.—Arranges Private Borrowings The corporation on June 7 announced it $12,000,000 Insurance of Name— 40% a Co. long-term of America financing — has completed arrangements with banks and the last January The with 000 financing interest The and An •; contracted interim L. be used in the . $3,000,000 a maturing interest corporation said has John be 4'2'., with to bank of in one 5to at term to loan five be from years, paid off four and banks $9,000,- a during the sixth retire Prudential purchased $4,500,000 of these notes buy the balance of $4,500,000 within two years. to loan notes Riegel, was has arranged been Chairman, a term taken said bank to lean provide funds until the second proceeds of from tne the financing banks same would Mav Kern Tinto Co., company 3. 1957 Oil Co. to on $114,870 $117,684 $351,618 Ltd., June 1 and of London, to England—Acquisition— announced that, Rio stock the Tinto offer acquire Kern Rotnscliild £or.s & 489. made Oil stock in respect units for of Its stock simultaneously for cash, offer units 69,924 177,838 133,726 of Claude Ryan, sales for this is company President, the at now reported on highest June by N. acceptances M. of Schenley Industries' program based world-wide new extensive acquisi¬ on to company ' ■ estimated that Fall operate on so • Schenley's -initial investment of ap¬ Seager, Evans and related facilities In about ready to erect Facilities to said, two mult located distilling in distilleries the facilities, In Scottish the Burns highlands warehousing, section Include, malting/and of in yeastlng outlining for two the Schenley's postwar line one decades of plans, period Scotch. Mr. Schenley This Rosenstlel has bears the pointed served D. C. only L. out as that import Dewar's label. of The production and distribution of the famous Long John Scotch. Schenley will continue the traditional arrangement for Dreyfus, Ashby & Co. as U. S. import agent for Long John. (2) The marketing of Scottish Majesty whisky in the United States by Park & Tilford, the old-line U. S. company whose acquisition by has been approved by the Federal courts. The marketing by Schenley in both U. S. and world markets of Kintore Scotch whisky. Schenley $17,349,455, an increase of 46'% costs same due primarily missiles while are are to a in of of to the 1956. the The fact early in the fiscal outstanding p. 2376. the or earning rate, Mr. major new produc¬ the of their production cycle, Air second quarter, over the first, was degree to the build-up In production of Boeing KC-135 jet tankers and 707 com¬ Similarly, deliveries of Ryan Firebee Force and equity 1957. This Navy increased bringing shares, jet drone business was net equal compared also were about increased by of $30.60 with by $239,578 worth to 80% 25% Sacramento Northern spirits This during the the per $29.96 company to a new share on the 374 000 on Jan. 31. 1957 — 1957—4 Mos. $680,065 expenses. 145,189 645,452 740J28 Net railway oper. •Deficit.—V. inc.— 185, p. 2494. Evans' said, will English as c ise In this applied in U. 8. corporation's to be priced above gin facilities will constitutional-test .of the tax $117,000,000 in Tefund District Court, adjourned until June 19. was contends that the Federal Pa., Government The In the lawsuit five filed Jan. was states where 1955 24 after an has in Schenley's Oct. 27, time, $117,559,426. claims Pittsburgh, collecting internal revenue taxes —Schenley Distillers Co. and Joseph S. Finch & from Co. on violated two of distilled June 11. the subsidiaries Schenley, Pa.-— 1955. the directors of internal revenue Schenley produces spirits failed to act upon claims for refunds totaling exactly, at that Practically the entire industry followed 8chenley's example by filing similar claims. contends that the $10.50-gallon Federal levy on distilled becomes a direct tax on property when exacted arbitrarily at eight years upon goods for which no market exists. Another Schenley contention is that the due process of law guaranty of the Constitution was violated when the 1951 tax increase (from $9 to 410.50) was applied retroactively to liquor that had been distilled before the effec¬ tive date of the increase.—V. 185, p. 1679. spirits Sea Harbor $649 581 176.689 from ry. opeis. round law opened Constitution 1956 $162,269 Railway rev. Rosenstiel Scotch. Seager, Ry.—Earnings— 1957—Month—1956 $185,659 Net that Schenley second revenue— oper. first Schenley i greater, during the 135, Period End. April 30— Mr. standard during the period Nov. 1, 1951 to Sept. 30, for components brands, for stated Tests Force-Out Law— 16%, lower that part $100,000, substantial sections high of $11,444,811. V. still Jet Stratoliners. stockholders quarter period increase Jet engine period. The Rosenstiel force-out the on these expanded to keep pace with their plan of increasing the market in the United States and other parts of the world, inchiding Great Britain. for share per abnormally high. sales to after provision of be compared with the approximately the Is fuselage three present scale Mr. . The for attributable same the its the was programs Gross the in 1957's quarter mercial All rate 4. of of 210,264 , $343,456 69,514 Railway oper. exchange Ltd. wi 1 of scale. Rosenstlel (1) 1,398,466 participating financing, amounting to $4,400,003 and the ba^nce applied to reduction of current bank indebtedness.—V. 185, p. The tion net up. the new Rio a $1,741,922 1,487,622 2219. said, when to of . merchandising, he added, Schenley has developed such popular acceptance for this brand In the U. S. market that the product has been in constant short supply. The new steps to be taken to give Schenley much greater participa¬ tion in the profits from Scotch production and distribution, Mr. Rosenstiel said, will be:, ........ six months ended April 30, 1957 totaled $30,surpassing the $56 million annual rate attained in the peak year, fiscal 1945, Mr. Ryan said. Gross income for than years. $4,500,000 * at issue note 20th to consists significance the United Kingdom and Further 1957—4 Mos.—1956 profit for the first six months of fiscal 1957, Federal Income tax, was $573,634, equal to $1.53 net outstanding shares, This was Prudent al take the place of the proposed public sinking fund debentures which was with¬ due to market conditions. and scope in By $1,839,240 inc.__ 215,188 2494. p. distilleries, he said, con¬ independent producers of Grains, while providing Schenley with Its necessity for increas¬ ing supplies for world markets. com¬ 342,578 Net Ryan offering of $12,000,000 5'2% drawn 54,975 185, The expansion program for the Highland templates a continuing of supply to the 2932. p. quarter. less for ^$467,468 f Scotch 371,878 ' expenses.' volume T. 069,769, 37'a.% $354,167 addition Ryan Aeronautical Co.—Reports Record Sales— wartime Definitive $122,400 56,972 ry. oper. facilities. averaged 962,000 barrels 753,000 a clay In the similar with 1957—Month—1956 $486,748 $460,262 revenue-. oper. p. Business history, 1,268,553 353,009 ' —V. $95,094 from rev. railway $1,324,069 (3) 6,008,864 from ry. opers. Net 856,601 ops. inc.- is Ry.—Earnings- Net rev. from ry. opers. —V. $9,615,080 Railway 1 ,971,179 Scotland. 1957—4 Mos.—1956 Railway , $1,325,346 219,749 Schenley is authorizing an expansion program for its grain whisky distillery at Strathclyde and at its Glenugie malt whisky plant. Both types of whisky are required for prime Scotch. The company, he * ; Net -•!< 1957—4 Mos.—1956 $342,149 and inventories would be augmented over a five-year period to represent a total Investment In the neighborhood of $30 to $35 million, or over a longer period, more. group Corp.—Changes above.—V. Period End. April 30— Railway oper. Railway oper. Ry.—Earnings— 1967—Month—1956 proximately $9,000,000 last this company. [Steel distributor. Corp.—Secondary Offering—A 254,191 Mr. Dutch-Shell 2329. Uranium Royal of other no expenses agent Board— on elected ago, Scotland, were disclosed lor .the first time on May 29 by Lewis S. Rosenstlel, Chairman and President. ''With the recent acquisition of several major Scottish distilleries, and including the Seager, Evans <fc Co., Ltd. group of enterprises in the United Kingdom," Mr, Rosenstiel. said. "Schenley is now equipped and ready to go after a goodly portion of the world market." The United Kingdom operation, he said, makes Schenley the first and only United States-owned distilling ; Royal years Order.s founded oper. broad -1 ••■' Royal last year. interest.—V. the $349,285 throughout ." ^ u- crude Royal Dutch Co. panies in the group " - • .■ peripd of and debt. tions Pro¬ other daily in the first quarter, com- Province owns Schenley Industries, Inc.—Plans Large Expansion— on May 29 said the Increase in nel income was higher earnings by the Shell Oil Co. in the United States material increase in output in Venezuela. The Venezuelan of completed it notes , The to change name of the corporation to Townsend Investment Co., according to announcement bv Clinton Davidson, Chairman of the Board.— J ; and facilities, building and marketing announcement a 306 revenue- —V. income of the companies in the group for quarter of 1957 Were £643,803,000, or $1,802,648,400, com¬ with £535,413,000, or $1,499,156,400, in the 1956 period. to members Carondelet, Paul May Net first pared and 1,264 of St, oper. Net $144,877,600, in the first three months £40,733,000, or $114,052,400, in the first, 1956. sales in with compares of Prov¬ „ , Railway was net The the has Is founded bassinets. The Period End. April 30— in were these This quarter '''"'• 1851, 85 Joseph Savannah & Atlanta prop¬ claims , progress and St. of members. San Jacinto Petroleum name Paul to Railway operating income used secondary offering of 15,528 shares of common stock (par $1) was made on June 10 by White, Weld & Co. at $52.25 per share, with a dealer's discount of $1 per share. It was quickly completed.—V. 185, p. 2219. 1956, Corp. be may be redeemed on or prior to May 1, i960 at 104%; 1, 1960 on or prior to May 1. 1961 at 103% { after.rMay 1, 1961 on or prior to May 1, 1962 at 102% and after May 1, 1963 at 100%., From unborrowed funds, commencing May 1, >-1960, up to $250,000 of Notes may be retired per year with no premium. Cran- mining mining V, . Its uranium owns Utah unconditionally guaranteed by the St. Joseph of Carondelet, St. Paul, Minn. will beds Sisters 4,429 The it corporation area have 460 after Inc. named was May, be . funded Division, , annual production to voted shares — operates 5 hospitals, one college, 4 academies, one high school, and In addition, operates 3 1 '' academies, 3 high schools, 53 grammar schools and one orphanage. St. Mary's Hospital Is valued at $9,037,077 and it has $2,224,000 Southern will proceeds The acquiring the Whit¬ Roxbury notes 1 K have capital Improvements since costs and year - '. ■' 5.000.000 • pay in part the $6,000,000 cost of a 7-story fireproof addition to St. Mary's Hospital, Minneapolis, Minn., which was established by the Sisters of St. Joseph of Caron¬ delet, in 1887 and is the only Catholic Hospital in Minneapolis. and Hennepin County./When the construction, in Royal Dutch Petroleum Co.—Reports Gains— : the Name r Sisters of St. The it An — $9,268,909 3,901,095 new properties during the period July, 1955, through totaled 20,889 tons of- uranium ore. formed in 1954. There are 3,308,000 shares out¬ standing and about 1,000 stockholders. The stock is traded in the over-the-counter market.. V ; (Del.) —Stock Increased 3,249,040 notes, dated May 1, 1957, at 100% and accrued They will mature from Aug. 1, 1959, to and including May 1, 1973. attributed to Resort Airlines, Inc. $7,945,630 929,881 ' serial construction of Saxonville, Worcester and . November, tons of galvanized, production goals call for 13,300 month of cold rolled sheets and 7,000 tons of hot rolled sheets per in coils "or ; $2,269,997 918,209 2494, - Minneapolis, Minn. Notes Of¬ Co., West Bend, Wis.,, on May 24 offered publicly $3,000,000 of 4%%, 4%%,-4%% and 5% the the duction ' to capacity there by plant's present hearth furnaces are rated, to 1,197,000 tons. by the new electric furnace• capacity, the new strip mill will enable Republic to become a major supplier of flat rolled steel in the South. It will increase Gadsden's production of galvanized sheet and roofing from a former average of 4,000 tons per month to 10,000 tons, * $2,021,618 Inc.— oper. p. c St. Mary's Hospital, fered—B. C. Ziegler & Mid¬ N. r ing capital., ,...v[V. Mining operations on the corporation's Indian Creek properties suspended in November, 1956, pending further exploratory work. the Backed * Ry.—Earnings— . open 50 V, 3,919,317 . Marine York $8,253,580 3,233,401 . July 1, 1957, all of Sept, 1, 1958 at 100% Broadway, 185, : on due operations railway : report of Royal Corp. for the year ended Dec. 31, reported that its share of operating net income from mining operations for the year was $66,438, thai net income after expenses, taxes, and depletion was $9,737, that the stockholders' equity at year end was $178,210, and that working capital at year end was $93,973. For the year ended Dec. 31, 1955, comparable figures were $18,845 net income from mining operations, $2,867 net income after expenses, taxes and depletion, $168,473 stockholders' equity, and $75,118 work¬ Stock able B expenses- way products.— the Corp. Royal be Payment York, Roxbury in 1947 earnings, exclusive become Wyoming. .» Operation— combined boost series $6,671,648 1,055,278 1957—Month—1956 1957—4 Mos.—1956 $5,465,147 $5,788,751 $22,249,034 $23,327,114 3,443,529 ' 3,518,754 14,303,404 14,058,205 Tevenue-d oper. $2,227,340 ; Net revenue from rail¬ for as General Manager, Mining Mr. Cranmcr is presently Secretary of Now Park Mining Secretary and Counsel of Lucky Mc Uranium Corp., East Utah and erties :.v:% ingot production capac- than has Royal ity by two million tons—to 12,240.000 tons—by the end of 1957. out in changed In „ Gadsden's notes, redemption v the corporation Mining the construction stage for two years, will .continue with the installa¬ of a second electric furnace and certain other equipment later in ' the year.' % ;V\" %/.. Id iiie expansion at. Gadsden is part "of Republic Steel's current corpo¬ ration-wide growth program geared to increase turn Presi¬ oper. ■'{; components Operations. tion -fmoie Coffman, ,'..M Royal Corp., Palo Alto, Calif.—New Name, etc.— This Co. ;iri ■>, to in are * its 1957. York 12 mer A new electric steelmaking furnace and a new strip mill started operations last week at the corporation's Gadsden (Ala.) plant. • The plant's mulii-million-dollar expansion program, which has been .. by retained 1956, Mill •• Railway Railway 1954. V $2,000,000 continuation of this program announced construction of a new card room and enlargement of the spinning departments at Saxonville; removal of outdated buildings at Worcester and the remodeling of other buildings there and the installation of new machinery.—V. 185, p. 2376. ' Republic W. 886,863 Louis Southwestern were manage¬ Forbes division June J, . New % for Chattanooga, Tenn. in " receive is called outlay is part of a '.V---*''of & The approved .submission Reliance A. " $1,738,361 Period End. April 30— its building Worcester,". Mass., undertaken Go. consider early in August of said and construction has already begun by Cabot, through their subsidiary, Alberthaw Construction Co., on the remodeling of several buildings at Roxbury's Whittall division. When constructed and equipped, the new1 facilities at Saxonville will permit both the Saxonville and Whittall divisions to run at full capaclty from yarn produced at Saxonville. "-v: Electric to -V , combination p. 6 presently date stock common '. June on is common *." Exchange.—V. 185, Master July 19, 1957, Reliance, which on combination Master.,, ./;•/ the proposed " Master each share one meet changed, - interest. : addition At Cabot Co.—Proposed Merger and The company will subsidiary $2,000,000 new a , - the areoolders s u* for this 1957, combination, of t, by the directors of '> shareholders. : .67637 both 17. a manufactures porcelainized Robertson manufactures Income of - .. - . Co. 2541. p. Included V.V-. " 'v _ as two at $1,500,000. V l- 'b • , be June company has been negotiating with Advance for rights to mine and mill the Ambrosia uranium properties.—V. 185, 2432. p. Terms St. expansion and modernization program is underway plants of this company, A. J. de Gozzaldi, President, said on 12, in announcing award of a contract of more than $200,000 to Roeheford Construction Co. of Framingham, Mass. for - Texas, he said. of operated not ops. inc.- interest. of excess exchange of stock. Porcelain Roxbury Carpet Co.—Has Large Improvement Program Reiter-Foster, Advance and consolidated-gross income for Reiter- expected to be 4,/2% Trust 183, and West the . completed eight pro¬ interests,' and at the present figures be will has accumulated land V. * ' drilled varying 1956 said, • of company corporation secured the and from revenue its A prominent mining the ; - A ; the on it Indiana The New , drilling four additional wells is Based Advance acquisition Jlocliester Transit Corp.—To Redeem Notes— interest Reiter-Foster."' Jan. the an from ry. rev. railway oper. 185,.p. 2494. —V. Net properties bring to Reiter-Foster a total of 54 oil and gas wells presently producing, plus two shut-in gas wells and one oil well ■•.awaiting recompletion. 4?,:• V*.^r..." Thei*e are also, XIr. Hegyi pointed out, an additional 30 inside proven '! locations to be drilled. He added: "Advance's present staff of operating personnel will continue to drill and develop these properties, in addi¬ tion to maintaining and operating the newly absorbed Westlund prop¬ wells in i : —V. new Since will personnel Robertson. appliances. 172, p. 1237. V. expenses ; Steel and of oper. Net . 1957—4 Mos—1956 $9,686,959 $10,271,807 $38,925,772 '$40,374,882 7,948,598 8,044,467 %32,254,124 32421,416 cash and:** 1 ducing the 55 Ry*—Earnings— 1957—Month—1956 Railway stockholders, accepted Francisco revenue. and k erties for announced Ind., . operating and development Mr. Hegyi said. The barrels May 9 disclosed. The : North Central Texas, Oklahoma, as well as in West Texas. As of March 1, 1957, the total estimated oil and gas reserves Advance-Westlund on liouseliold V?'—:*+'V*' :t"/-■ "1.■■ The Westlund properties, Mr. HegyL.said, are located in the oil pools of Ector, Gaines, Glasscock, Reagan and Sterling Counties of West Texas, Awhile" the producing properties owned by Advance are located y Kern Louis-San oper. Net company dent, the Mexico. j St. Period End. April 30— Railway Texas of of acres Co. assets a 640 capital of Kern Oil for Kern stock and in acres in f 1957, the acquires gross Oklahoma, in addition to four complete drilling rigs and ] cash, T, Reiter-Foster properties and including the' Hegyi, President, V. 31, together holding 72% Ltd., accepted Rio Tinto Robertson Co.—Acquisition— Porcelain Texas, Emil 3. combined gas Carl Mav on stockholders, Corp.. ConnorsVille, ment This corporation has acquired for $1,675,000, properties of Advance Petroleum Corp. of share exchange (II. II.) "Reiter-Foster Oil Corp.—Acquires Oil Producers— i in The .... not 1 up to close of business aggregate to approximately 96';^. 80% of the Kern the issued " P296-60 ships.- in received 5% of the together holding 24% of the issued share capital, offer made by Rothschilds.—V. 185, p. 2036. Beckosol, the resin is used in maintenance 'y:].' =. s. Delivery within 105 days was specified in the order.—V.'185, p. 1996. paints offers VApproxlmatfdy Navy stock the to Island two amounted the the 5. " ' plant Mare Calif., from the company's plant at South , paint, delivered being 'shipped are pounds for being are disclosed was Portsmouth, Another alkyd years, the The shares $40 470 ♦$14,420 $34,613 5,962 *49,713 *89,124 •$91,147 *21i!t82 The of class voting President t, M. Co., Long: Island, N. Y.—Files With SEC— on June 3 filed voting trust certificates company covering B capital trustees William Voorhees. T. stock are Orr Louis a letter of notification for (no J. 790 shares of class with A the SEC and 1,398 par). Oumpert, John B. McTigue (Vice(President), Charles G. Terry and Ebders Commercial and Financial Chronicle The £>6 period End. April 30— flailway oper. revenue. t tall way oper. expenses Net 185, —V. ops. inc.- 1,851,870 2494. p. - in that this June 10 company . . Monday, June 17, 1957 $16,528,550 8,488,uGo ; by the two groups. Salada Tea Co. of Canada Ltd. to acquire the businesses of both it and its wholly-owned subsidiary, Balada Tea Co., Inc." Grant Horsey, President of Shirriff-Horsey Corp. made have "We offer to the an stated. Details were not revealed. M Wilson Executive Vice-President IAd„ A Sierra Pacific Power and General Manager of Co.—To Issue Notes —; 185, Co.—V. companies: Sperry Rand; Socony Mobil Oil; Sylvania Brooklyn Union Gas Co., Consolidated Edison, Ford Motor Co., Gimbel Brothers, Lily-Tulip Cup Corp., Lonjg-Island Lighting, Safeway Stores, Union Carbide Corp., H. C. Bohack Co. Inc., Sears Roebuck & Co., Hazeltine Corp., Kennecott Copper Corp., Jones 6c proposal by this company to construct pipe¬ transmission system to additional natural Fund in progress and contemplated etates.—V. 185, p. 2604. Railway expenses. oper Exploration Co., Inc., Farmington, N.M. —Files With Securities and Exchange Commission— The corporation on May 28 filed a letter of notification with the BEC covering 300,000 shares of common stock to be offered at par <$1 per share i, without underwriting. The proceeds are to be used Sierra Tin & operations. incident to mining expenses value Co., Hartsville, S. C.—Registers With Securities and Exchange Commission— This company tiled a registration statement with the SEC on June 10, 1957, covering 60.000 shares of its $5 par value common stock. The company proposes to offer this stock to the holders of its out¬ standing common stock of record at the close of business on June 10, 1957. Certain of its employees are also being offered the right to subscribe to 10,000 shares of this stock not subscribed for by the stockholders. R. S. Dickson & Co., Inc., of Charlotte, N. C., and G. H. Crawford Co., Inc., of Columbia, S. C., havea greed to purchase from the company all of the shares not subscribed for by the stock¬ employees. Is or Products Sonoco and conical Industries. electrical And producer Integrated of and paper its principal business in the manufacture cylindrical paper products for the textile, with l>oard, an paper- and sale of construction of com¬ and anticipated increased sales present expansion of the com¬ at Hartsville, S. C.—V. 178, p. 669. plant Co., Inc., Nashville, Tenn. — Court Controlling Stock Interest— May 23 removed a major legal obstacle blocking the sale by the government of Its controlling interest in this corporation which operates a chain of 275 gasoline stations. The U. S. seized 55# of the stock of the concern at the outbreak War II on the ground the company was enemy controlled. government now desires to get rid of the stock, but cannot do so as legal action is pending against it. Fritz von Opel, scion of a German auto-making family, claimed he was the rightful owner of the Spur shares, and not an enemy alien. But even if Mr. von Opel was not an enemy, the Appeals Court decided, he still had no clear title to the stock. The Court, therefore refused to order the government to return the disputed stock to Mr. World of long as Opel. Government von The Telegraph Co.—To Receive June 18— up to 11 a.m. (EDTi on June 18, at Room 2315, 195 York, N. Y., Will receive bids for the purchase from ' 29-year debentures due June 1, 1986.—V. 185, p. 2604. company, New Southern California Edison Co.—Registers With SEC— SEC on mortgage the pro¬ posed public invitation for bids is July 1, 1957. The interest as well as the public offering price and underwriting terms are to be sup¬ This 1957, I, series fronds, filed a registration statement with the covering $40,000,000 of first and refunding due July 1, 1982. The approximate date of company 10, June plied by amendment. Net proceeds from the sale of the bonds will be used by the com¬ pany in part to retire short term bank loans in an amount esti¬ mated not to exceed $16,000,000 and the balance for continuing its construction program. According to the prospectus, the cost of this program is currently estimated at $307,632,000 for the years 1957-1958, of which $37,200,000 has been provided by prior financing. In addi¬ tion to the proceeds covered by the prospectus, the company expects to obtain approximately $145,800,000 of new money from outside sources, with the balance of the construction program to be obtained from internal sources. It Is presently expected that gross plant addi¬ tions for the years 1957-1958 will total approximately $307,632,0001 consisting of $133,529,000 for steam electric generating plants; $29,139,000 for hydroelectric generating plants; $31,147,000 for electric transmission lines and substations; $96,046,000 for electric distribu¬ tion lines and substations; and $17,771,000 for other additions.— V. 185, 2716. p. This will Co.—Diversifies Operations— has made considerable progress to date in diversifying with a view to augmenting earning power, C. T. Chenery, the Board of Directors, told the New York Society of of Security Analysts on May 29. And further steps in this direction are in and in prospect, he added. Largely through operation of itsi process company now of natural gas "If "we were we would department the has proven reserves estimated at 435 billion cubic feet and approximately 10 million barrels of oil and distillate. to the enumerate increase these own probable figures exploration reserves," five-fold in th of oil Bouthern has will trelieves Offshore the Gulf last November of The Offshore Co., which is deep water drilling in the Gulf of Mexico, investment with which it is pleased and which it of an contribute both profit has five Mexico, deep and and opportunity to the drilling barges currently at work in under construction, and is the most ex¬ in deep water in the Gulf. It land and in shallow water, can take on any kind of a well-drilling contract, and either directly or through a subsidiary company proposes to do contract drilling work in Venezuela perienced of the companies now drilling lias equipment for drilling on promptly. Offshore has about $25,000,000 worth of equipment and presently charges, of $2,300,000 annually. 8outhern also is negotiating for the purchase of the assets of The Buntide Refinery at Corpus Christi, Texas. "We will pay $37,500,000 bas net earnings, after all subject to the present Suntide debt of $13,000,000." Mr. Chenery said, "making a total purchase price of approximately $50,000,000, and will provide about $4,000,000 for working capital. "Suntide has a completely modern refinery, presently processing This capacity is being increased to 75.000 per day. Suntides sales last year were about $80,000,000 and its cash throw-off was about $10,000,000. It earned $3,160,000 for its stock in 1956. The refinery has not yet reached its. mature earning power. At a later date we expect to acquire both United States and foreign €0,000 crude "By we barrels per day. oil reserves for this refinery. the development and expansion of these additional activities the increased earning power we desire. It would believe we can find to attempt to measure the earnings per share of Southern Natural when these tnings are accomplished. However, we do expect be premature Long Island, of Hempstead, Capital Sunrise has will act as exclusive distributor and investment Advisor.—V. 185, p. 386. Corp. Inc., as Sunset International Petroleum Corp.—Expansion— Refining jointly announced the acquisition of a group of properties from the Trigood Oil Co. of Casper, Inc., Co., California oil-producing for an undisclosed sum. The acquisition was effected Wyoming. announcement, the properties acquired are cur¬ total of 525 barrels per day from eight wells located on 200 acres in the Raisin City Oil Field of Fresno and from seven wells located on 90 acres in the Midway-Sunset Field of Kern County, both in California. In addition, the two companies acquired 40 acres with three presently idle wells in the Helm Oil Field in to the producing a According rently Fresno. Operation and development of the properties will be carried on by International, declared Mr. Sterling who added that additional Sunset of the planned. Mr. Sterling also stated that the acquisition properties, combined with Sunset's existing production City Field, make the company one is development present of 800 barrels per day in the Rafidn the of largest operators that in area. newly combined operations," he-continued, "will effect and important savings in the operations of the "The very Raisin a substantial City properties." Sunset's gas lift operations, which have substantially contributed to its success in the field, will be consolidated to include be added to Sun¬ 184, p, 2489. " # oil from these wells will Crude properties. new set's Standard runs."—V. present Torrance Refinery Suntide Refining: Co.—May Be Acquired— / Avenue, Standard Financial Corp., New Standard Factors See See Southern Natural p.x2840. 184, 17).—V. (June today for York—New Name— made on June 7 by Merrill Lynch, Pierce, at $64.75 per share, with a dealer's con¬ (par $7) was Fenner & Beane cession of $1 It was completed.—V. 185, n. share. ner President of Levey $460,926 Net income ♦Earnings 3, Jan. shares common outstanding. 24, 1957 to stockholders of of shares outstanding from March $17.63 stockholders' 1957, 31, equity totaled $12,703,405, share. At the close of 1956, $12,393,141, or $17.20 per share. per to amounted stockholders' capital also showed an improvement In the year, rising from $4,981,670 at Dec. Working initial quarter current the $5,377,710 1957.—V. 31, March on 183, equal equity 1956, 31, to seek a has which Oil Wells— may by W. up to 1C0# recovery H. Davison, President. of oil in place, purchase budget April beginning in late 1. six initiating and nounced and the Muter Co. expenditure of $100,000 to drill ten County field, along with the possible phase displacement process for boosting * involved in the Sunflower project put the $1,000,000 mark for the fiscal expenditures developmetn were for mlscible the of additional cash from Lincoln of oil in place. recovery year the in wells institution call plans Development additional Oliver, Davis Investment Co. E. L. from acquired corporation on 300,000 and other projects; for working capital. for the system ancl over A $925,750 program calling for drilling 33 waterflood programs in four s.ates was an¬ May. purchase Development Program for 1957— Has of additional facilities; program for this corporation, which calls and initiation of six water injection projects months, was announced on May 29 by W. H. development $925,750 A of 33 new wells for drilling the next 12 Davison, President. during Sun Co.—Gets Pakistan Oil Rights— Oil Word has 10,000 The Oil an extent Ted Sun and Co. for Pakistan acres). Pakistan Government the initial the divided is Stauffer C. Oil ments that Sun Oil Co., Largest planned exploratory will share with development ex¬ Telecomputing: Corp.—Has of into President Sun.—V. maximum available under the laws five concessions, all located in the south¬ the portions of Philadelphia, 185, West . director of Oil foreien Co., production signed the for 1,403,920 the on agree¬ preceding year, 2604. Brubaker Mr. Super-Seal Piston 15.1 on June temporarily suspending a Regulation A exemp¬ to a public offering of securities by 12, has issued an order this corporation. made on The order provides an opportunity for heaving, upon the question whether the suspension should be vacated or provides A under the Securities Act conditional a for exemption from registration puolic offerings of securities not exceeding S300.000 in amount. In its Regulation A notification, filed June 3. Super-Seal 575.000 Piston shares pursuant to such asserts ditions Piston that it of Ring its of an has 10c Mfg. par exemption. The Commission in itsi suspension order reasonable Regulation A cause have not to believe that been complied Corp., in that it failed to file annual reports of stock sales.—V. 182, p. 657. Ring Mfg. 1955. Corp. proposed the public offering of value common stock, at 50c per share, tire -terms and with the by con¬ Super-Seal semi¬ required existing on $225,000 has been per share, and sales Mr. 1957, for Brubaker estimated, "should exceed should show a minimum net profit of $400,000 compared with the $43,174 net profit for the year 1956." $12,000,000 on which we ' for the year, for Sales permanent. Regulation Geo. P. Brubaker, President, reported on June 5. said the $125,000 net profit shown for the first four year allows for a reserve which has been set cents Gross tion from registration with respect request, losses for up reserve, it was announced months ended four programs contracted during 1956. Of this written off as of April 30, last, equal to an additional $85,000 will be written off during the remainder of the calendar year. Ring Mfg. Corp., Garland, Tex.— Stock Offering Temporarily Suspended— Securities and Exchange Commission, Backlog: of $10,000,000— April 30. last, amounted to cents a share on the 1,483.920 shares of common compared with $185,073 or 13.2 cents a share shares outstanding in the like four months of the the current the of months The for income Net $1-25.000. equal to 8.4 stocx outstanding, as Pakistan. Pakistan Sun of p. counties Lawrence and the budget will be spent in Texas, with 18 wells County. Oklahoma properties in Muskogee and seven wells, and Hlinois properties in White and eight wells.—V. 185. p. 1050. share of for Pecos Creek counties are due of 25#. southwestern and Karachi <6,-100,000 Co, representing acreage, Pakistan, ern miles contract, Sun to penses the square the Under Pakistan from of Sun Oil Co., signed agreements there Government of Pakistan for oil exploration rights subsidiary with 8 June received been wholly-owned of tire court to p. 1931, of 34 producing oil wells in Oklahoma's offer the perfect test laboratory for a new promising theory announced been wells on over. to have the company's books price involved oil payments and an undisclosed consideration. Now producing an average of 50 barrels daily .the Checkerboard formation at a depth of 3,900 feet, the wells June 7 filed a letter of notification with the shares of common stock (par 10 cents! to be offered at $1 per share, through Kesselman & Co., Inc., New York, N. Y. The proceeds are to be used to develop Hatfield propulsion on was seeking suit a covering SEC a company by this corporation displacement The Strato-Missiles, Inc., New York, N. Y.—Files With SEC filed has Pool, Sunflower Tekoil's The meeting Tekoil Corp.—Purchases 34 Oklahoma Purchase 1372. p. the him. Attorneys for both sides agreed outside postponement of this case until June 14.—V, 185, The 720,591, 700,000 to On share-— dividend paid on Jan. increased the number stock 3# record to 720,591 on $0.50 . common per ♦Based A estimated for Provision for taxes on Income taxes in income provision before Income $360,326 $0.64 sales Net 1956 $9,304,213 763,026 402,700 until a L. restraining order against asserted that the order had a to open 1957 $9,202,611 952,226 491,300 Ended March 31— Three Months for the Attorneys Damp issued had Court Supreme served been Mr. (& Subs.)—Earnings Rise— Corp. the action. such this enjoining directors of the company voted to remove Mr. Damp, of Swan-Finch. Minutes before. Justice Irving 24 May On former not 1793. Stone Container Order— corporation from removing Ralph E. Damp as a Director on May 29 was continued in eifect pending a hearing on June 11. Justice Morris E. Spector of the New York Su¬ preme Court ordered the stay continued. order court A Jersey)—Secondary Offering— 146,168 shares of common stock secondary offering of 185, p. 2262. above.—V, Co. Gas Swan-Finch Oil Corp.—Court Upholds above. Corp. Standard Oil Co. (New A company. water one current asset a ... Bank National Acquisition of additional properties in the Raisin City Oil Field of Fresno, Calif., will make this corporation one of the largest opera¬ tors in that field, it was announced on June 11 by Morton A. Sterling, Executive Vice-President. Mr. Sterling and officers of Eagle Oil & corporation has announced that its name has been changed to Financial Corp. Its offices are now located at 530 Fifth New York 36, N. Y., formal opening of which is scheduled The added, and sub¬ acquisition engaged in Through $1,500. Brook act the Corp.—Changes Name— Standard Factors Mr. Chenery case stantially in the case of gas. We nave participated in drilling 92 wells .since 1952, of which 64 were completed as producers, and our explora¬ tion department is the discoverer of the important Montegut field, the extent of which is not yet known." primarily sale of the Spur shares would be considered by 1532. Court next fall.—V. 160, p. Supreme the company Chairman if But added, "The last legal obstacle to our be removed." The ruling, if appealed, they of Southern Natural Gas Its operations felt sure the ruling will be appealed to the the High Court declines to review the case, attorneys Court. Supreme Southern Bell Telephone & it of $70,000,000 Court of Appeals on S. U. The Bids for Debentures on Broadway, 14,404,116 Spur Distributing: accounts pany products during recent years such products to result from the pany 31,928,918 14,670,136 29,809,100 Rules on Sale of the com- proceeds for ©f 7,871,726 ; . of shares having for holders ' available least at Meadow The . from the sale of this stock will be used by working capital required by reason of increases in receivable and inventories resulting from increased sales The frany of was appointed Custodian of the Fund's cash and securities and will as transfer agent, registrar and dividend disbursing agent. also 1957—4 Mos.—1956 also is plan been 3,591,290 7,631,962 3,730,332 inc.— oper. 185, p. 2377. —V. A Sonoco Products holders railway Not promising. ...incorporated in New York State on June 30, 1956, and has been registred with the Securities and Exchange Commission. For the convenience of investors who prefer to accumulate shares under a periodic' payment program, the Fund has established a voluntary Systematic Plan, providing lor a minimum initial invest¬ ment of $50 and subsequent periodic investments of at least $25 at such intervals as the investor may choose. A dividend reinvestment Inc., Fund 43,009,929 165,566,528 169,115,235 35,198,203 135,757,428 137,186,317 42,719,728 35,087,766 revenue Net rev. from ry. opcrs. for a Sunrise Research Services Railway oper. application in 1957 and 1958, the is Sunrise The Co.—Earnings— 1957—Month—1956 Pepsi Cola aa»h American Airlines Inc. The Sunrise fully-managed Fund with a management free to vary Steel, Inc., The Period End. April 30— Products, proportions of any class of security as seems most the « gram following Laughlin to Southern Pacific Furfd include common stock positions in of the Investments Initial the 2377. p. area Electric to its system. reserves v the securities of com¬ include will capacity, compressor Louisiana southern gas ,9 Fund will emphasize the known on Long Island because of their business activities and It is expected^ that. Ihe Fund's diversified portfolio from time to time the securities of many companies with which Long Island residents are "completely familiar by reason of their own business relations with those concerns. that In and meter and regulating stations enable the company to attach additional Estimated cost of construction Is $7,672,480. The June 20 hearings also will involve applications by five in¬ dependent producers which are proposing to sell the natural gas to Southern. They are Tidewater Oil Co.; Gulf Oil Corp.; Kerr-McGee Oil Industries,'inc.; Phillips Petroleum Co. and Magnolia Petroleum in power Fund. investments of panies well In 10 fields located in, and the waters adjoining, Plaque¬ mines, St. Bernard, and Jefferson Parishes, La. The company's application, which has just been accepted for filing, proposes tne construction of about 60 miles of pipeline, 7,260 horse¬ In to Willard L. Doyle, of Baldwin, of The Sunrise Fttnd' Inc., the its own Mutual The reserves gas company group fully managed open-end a director with to connect Its facilities line received. has applied to the Federal Power Commission for authority to issue up tc $4,000,000 in unsecured promissory notes. The notes, payable to banks from which the company would bor¬ row funds, would be issued for periods not exceeding 12 months from the date of original issue or renewal. The notes would mature not later than Dec. 31, 1958. The proceeds would be used to reimburse the company for previous construction expenditures and to help carry out tne construction pro¬ This »J . applications relating to a diversified investment company. 1#. I., N. Y., ■ President F^und was organized by of Long Island businessfrrert, "primarily to provide Long Island become According and earnings would continue at about $2.35 Earnings may be less than that for a while, he added, until the company is able to pass on to Its customers the large increases which It expects to experience in gas costs in 1957 and 1958. To take care of sharply increasing demands for gas in its service territory, Southern Natural now is considering an increase in its pipe line capacity of about 20# above the present level of one billion cubic feet per day. This expansion would be effected during the next three years at a cost of some $75,000,000. "We do not expect our earnings per share from pipe line operations to change substantially as a result of this projected expenditure," Mr. Chenery said.: .V/'V ' W .• " v;. Federal Power Commission hearings will commence June 20 on that the Shirriff-Horsey offer had been Salada Tea Co. of Canada Ltd., with plants in Toronto and Montreal, Is Canada's largest tea company. The Montreal plant Is the most tnodern in North America. Salada Tea Co., Inc. is a wholly-owned eubsidiary. With administrative offices and packaging plant in Boston, Mass., it sells tea throughout eastern and central United etates.—V. 184, p. 2330. 'confirmed Salada, will share. per Ltd.—To Acquire Salada TeaSalada Tea operaUnited States were confirmed on Reduction estimated Southern's Chenery . related but Air of in step further a shares Managed (N. Y.)—Becomes. Fully Fund Inc. Sunrise Open-End Diversified Investment Company— ' >The Sunrise Capital Corp., wfth offices' at 37-12 84th St., -Jackson Heights,' Long Island, N. Y., principal underwriter: of The Sunrise Fund Inc., has announced that effective on May 29, 1957' the Fund before we are much company gas its diversification into other fields which are to the gas industry. Southern holds 322,000 Co., Inc.—the largest block outstanding—on which it now shows a profit of some $10,000,000. Prom operation of its natural gas pipe line only, exclusive of income expected to come from The Offshore Co. or other subsidiaries, Mr. As unregulated is seeking to acquire both Canada and the in a Joint announcement and oil integrated an older." Reports—* Trading Co., Ltd.—Group Shirriff-IIorsey Corp., Rumors tions 7,r859,880 above.—V. 185, p. 346. Dutch Co. Royal 2,019,095 • Shell Transport & gee 1957—4 Mos.—195f7 $58,522,997 *®7,908,051 4.,807, <25 41,379,o0l $4,023,739 $15,715,272 $3,695,503 oper* from rv. rev. railway Net 1957—Month—1956 $14,493,319 $14,347,154 10,797,816 10,323,41o become to and we hope Important increase in net earnings they will result in an RR.—Earnings- Seaboard Air Line . . (2852) as four the with Brubaker stated. "The ended for the were $4,222,000 April 30, last, first four months of 1956, as Mr. backlog of order and contracts $10,000,000. he said. The company's current negotiation under months $3,273,000 compared amounts to is now operating Although we estimate a company profitably in all divisions and minimum net profit of $400,000 year—nearly ten times the profit for 1956—we shall be striving to exceed this amount." Mr. Brubaker said. subsidiaries. for the Leo the Babich, board of President of directors.—V. Hill Richards & Co., 184, p. 669. has been elected to Volume 185 Number 5647 The Commercial and Financial Chronicle . (2853) Tennessee Central Ey.—Earnings— Period End. April 30— Railway Railway 1957—Mdrfth—1956 o^c. lotriiue^ J oper. expenses- 306,216^- 304,825 ; :} ""Deficit.—V. 185, 1,319,995 1922, $272,394 tne $509,730 3,049 207,042 - ' "x ' 7\ <The Federal -r--'-.w''' ' - "I*"* *7. / ■ authorizing the sales permitting the pipeline company to build 107 miles and its system posed pipeline, estimated offshore platform to a to to cost point La. CATCO's leases the reserves. the the to Tennessee's Texas Gas rWilliam Transmission Corp.—New to of f i ' This mission corporation an according to President. "These Y June on Blunt, with an .*. vannouneenwtoWbyvW. ';"v> V.:.. >/v7:C| higher rates supplement ,ihe before-the FPC." - Mr. Elmer from of to the company-from gas The ;- new to. Texas by applications the rates Gas when Commission. regard to is H. said. Seeks will any portion of the amounts not allowed higher increase the to J. Co. -tomers at of the will Indiana Gas an<^ proposal* plans to eras said that cost 185, new eight-inch line twice now is "farm receive under the Pipe expenses $301,477 $98,516 inc.. Texas is Period End. April 30— Net Net Garrett expenses from rev. rai'way ry. * ops. Ilayden, 7, (net ry. Other W. $320,362 income —V. 185, $46,398,043 $46,688,782 34,454,819 35,583,970 $2,987,063 $11,943,224 715,960 and through its 2,692,178 24,189 69,265 99,630 $785,465 $1,927,162 the basis of on rights 1957. 334,768 338,871 $865,174 12,359 $2,261,930 49,679 51,048 221,400 808,288 879,705 $631,415 $1,403,963 in to offer for public stock at sale $40 to $3,840,549 per Wisconsin share This a of at family sold was on a to 3:30 record two-for-one PROCEEDS—Net to of stock¬ principal (EDT) p.m. on group of invest¬ and will be of public in time the incorportaion owned 1922. by Early company in members in itself 1904, of June, has although the the will available used dustries. ducers less of in the world Is the and is largest also manufacturer maker construction, roadbuilding, In addition, the firm is one of quality alloy steels in the form mining a the tubing. EARNINGS— Net sales r „ •••- ; £6,000 27,000 $1,558,510 „ J 1—; y • / ">. ' $1.32 $1..31 ,y - ^ • >? Baltimore, Md.—To Redeem .'; #..I,. 7 ,. office in Baltimore, July 1, 1957, £ll of :it» Payment, will, be maue-'^tfc on Md.-y-V, 139, \ ' .. Conditioning Corp.—Merger OK'd— May on 29 voted to this merge corporation with at cranes preferred. of • Hughes-Kcenan approved the merger May 52. Chairman of the Executive Committee, said tho probably be consummated sometime early in« June. 2496. ' " -1; .• -> V : —V. M. Way, would 185, p. .35 & Co.—I 2.70 Witter & Co 1.80 $8) has 185, p. been decreased from 656. United States Gypsum Co.—Issues Booklet— * • - has just issued a 36-page illustrated booklet, which story of what Us Industrial Division is doing to meet current needs, and anticipate future requirements, for better, materials for better living, j; ' : company Timken stock B 1957—4 Mos.—1956 of of in roller rock and quarrying in¬ the nation's leading pro¬ of bars, billets and seam¬ * $274,030 $1,040,600 $1,030,740 86,555 314,402 338,386 rose to $214,475,493 .. from United States Plywood Inc. above.—Y. 185. This corporation reports that its consolidated net profits for.tho fiscal year ended April 30, 1957 were $8,247,300 after income taxes of compared with net profits of $11,276,600 in the preceding fiscal year after taxes of $9,379,000. ' ; ' Net profits for the year ended April 30, 1957 were equal, after pre¬ 011 the 2,389,826 shares of common 1957. This compared with $5.23 per common share for the preceding fiscal year on the ferred 2496. D- the July 15, on and declared. 1957, 'w said to revenues it is date of anticipated the corporation that gross revenues ending June 30, 1957, will reach a sum in all time high for the company, and that month period will exceed the total gross month period ending Dec. 31, 1956." six entire 12 by saying; $196,054,- shares common share on The 30, the (2,031,070) 2,304,338 corporation's 1957 outstanding shares consolidated during outstanding sales for is anticipated most that net satisfactory."—V. earnings 185, for the six month period the A. has J. been President, announced that this the of many characteristics essential mild steel.—V. of stainless steel to final quarter of the preceding fiscal year the net profits were $2,660,700 income taxes of $1,786,200, equal to $1.18 per share 011 tho number of common shares (2,111,660) outstanding period, April $1.08 or 30, share per ' * 1956. 011 the 2,304,338 New Novoply type ended the Novoply, and This patented This Corp.—Acquisition— timbevland Company owns Georgia and South In 25-mile radius of the also Calder executive of the transaction the National Life State Mr. of Carolina. mill the of and 42,000 timber is The of acres within Union Bag-Camp Paper. election Stillman, Insurance Bank mill a Terms disclosed. not announced committee. Mutual Savannah were saw a Co. Newark, N. of director a of New J.—V. W. Paul since York 185, p. Stillman 1946, and Union Carbide unusual An new gaseous is to period and is now of the 2145. a division The feet in new per of the cooperation is embodied in the producing Pa. Union service unit Industrial Owned, Carbide of the built operated by Linde Company, production unit i3 the oxygen works. these operations: ilow purity) (1) two pure ferromanganese cubic feet of blast 99.5'o furnaces: pure tho ' June 7. of may its board with core of graded medium sized chip* flakes, fused under heat «and pressure, is a United States Plywood Corporation. now be had in thicknesses of from was limited to a maximum % thickness to of and world's especially recommends itself to the wood partitions.—V. 185, p. 2496. unit inches. inch. manufacturers Ferromanganeso -. single largest two one Novoply - . producing plant for steel mill service has commenced operation at this corporation's Duquesne, Fa., Works, it was announced on June 12 by Harvey B. Jordan, Execu¬ tive Vice-President Operations. Built, operated Carbide tons and Corp., the oxygen of per 90% oxygen by Linde plant has owned oxygen Company, a a division capacity rated of of Union over 500 day. of the produced by the new plant is being utilized to increase output and reduce fuel consumption in the Duquesne Works ferromanganese blast furnaces. Ferromanganese, a manganese-iron compound used essentially the With be as oxygen an same additional production of 430,000 cubic oxygen into pipelines directly (2» an initial delivery rate of (high purity) oxygen per hour to (he pipelines servicing electric furnaces, scarfing machines and other steel to The of 700 agent in steel making, used to make pig iron. alloying process tons is produced by furnaces, the normal dally of ferromanganese at Duquesne is expected to entering oxygen increased ton Duquesne delivers oxygen for hour of 95 and Corp., wood product furniture About unit which successfully ended its test in regular production at the U. 3. Steel Corporation's plant at Duquesne, wholly of on wero Novoply, the sanchvishis now being produced particles, Production— the Chairman President Corp.—New Oxygen Unit Ends Test— example oxygen wood announced was 1957 of ' , United States Steel Corp.—To Increase corporation has acquired the Argent Lumber Co. of Hardeeville, Calder, Chairman announced on May 29. Lumber of panel Thicker of Alexander C.P Argent it industries, many resin-treated 30, quarter * three-ply a facings Previously * S. of grades, April same ,• Grades Announced— satisfy the demands of laminate thicker during tho outstanding on shares ^ . Consolidated sales for the three months $51,710,500 compared with $53,521,500 In previous year.• • " ordinary 185, p. 1432. Union Bag-Camp Paper April $201,877,900 compared with $202,832,400 in the previous were average appointed exclusive the of ended year $4.60 or 1956. corporation licensee for the mnufacture and applica¬ newly-developed Niphos corrosion protection coating for ferrous metals. Originated and perfected by the New York Testing Laboratories, the Niphos process is, in essence, a low-cost method of applying nickel alloy to mild steel to prevent corrosion and impart tion fiscal 30, after in has year, for the three months ended April 30, 1957 were $1,832,200 income taxes of $1,239,200. The net profits were equal to 72 per share on the 2,389,826 common shares outstanding. For tho after will Reducing Corp.—Appointed Niphos Licensee— Williamson, that April Net profits 2144, p. on year. cents and number average of per Both to stockholders 1957. subsidiaries, dividends, to $3.24 per share outstanding as of April 30, stock stated: month period $13,000,000—an for authorized payable consolidated for also was are six of Corp.—Earnings Decline—* . 42,000 1956 , $2,597,504 1,566,764 1,481,988 was quality. tapered removable for Industry" is a presentation of USG research in threo materials—stone, metal and wood. It shows how USG had developed these materials for a wide variety of Industries; helping them to improve old products, create new ones, and increase manu¬ facturing efficiency.—V. 184, p. 770. > . $2,522,588 66,683 stock 30, further upon i.' " "Ideas basic $241,857 dividends concluded "It be large in 1956 - $5,299,500 June on income income for improve bits .90 Co Wpld basis. proceeds BUSINESS—Tin-ken bearings the gross Mr. first its stock several and in gaa stockholders Glenn (N. Y.)—Stock Decreased (par shares.—V. inc.— wholly-owned excess of added to the company's general capital expenditures over the next years. These expenditures will be made for new equipmnt facilities to increase volume, reduce costs and funds The The stock 346,978 class Chalk "Based its at $40 per share, nation-wide the since shares the - has called for redemption capital, stock at $105 per,s-iare. ' Caribbean Airways, Inc.—Declares Stock Div.— stock Tube July 1, Weeks, who headed the financing head the publicly 400,000 & 6il, a producer of steel truck bodies and Delaware, Ohio. , r< • < ■■■ The merger, which required the approval of two-thirds of the common' lind preferred stock, was backed by 1,073,956 of the 1,514,500 out¬ standing common shares and 4,359 of the 4,950 outstanding To underwriting this issue. securities of value) par capita] to Airlines. and A Mr. share for each ten shares held. new financing will- represent block split (without expire 1922 also will ment bankers Lerchen ■< stockholders merger 2495. p. and cash residents (first capital debentures at 102 % offices.^—:V. 185, p. 2037. Hornblower & offered 185, class $2,909,796 common one will The L. regular quarterly cash dividend of IV2 cents on the class A stock authorized by the directors and announced by O. Roy Chalk, President, on June 7. This places the stock on an annual cash divi¬ dend basis of 30 cents. In addition, a 5% stock dividend on the $3,501 678 79,709 Timken Roller Bearing: Co.—Common Stock Offered— The company is offering shareholders of record June 12, 1957, the right to purchase 484,276 additional shares The R. &"cm——"III Walker Ohio $1,:574,'469 share - 1 , —2-„ the Hughes-Keenan Corp. which is .35 A 1,649,622 "10,738 own stock H. Walling, of $15,819,077 $16,951,500 11,695/751 11,804,960. 1,387,857 .1,561,017 1,135,000 2,000,000 — _ ' — United States Air was 2.454.355 $1,000,000 of 5% common shares railway oper. He holders) .50 — & 1957 company company's roustabout Townsend Investment Co.—New Name— $27,047,205 $27,619,623 20,458,274 19,914,288 1,900,326 $311,646" of 1.50 Inc.—— authorized Trans >201,347 plans G. .35 Co._ & Co. The .70 .33 Securities Inc.— Anthony Co. STATEMENT —: per' 184, p. 964. tile ..90 . ' — Tucker, of Chair¬ ' Oil production Of depletion.^..— taxes income .90 Net rev. from ry. opers. Net 1957—4 Mos.—1956 567,121 81,873 " ; amount, of Hutton Illinois —V. 2,789 996 376,113 $441,858 —— company - Co.— Suplee, Yeatman, Mosley Co. .35 Will be ,50 2.70 Inc. and EARNINGS inepme. taxes- preferred ;90 Toledo, Peoria & Western RR. Co.—Earnings— $11,104,812" 2,799,946 4,959,454 $523,731 25,000 shares .90 Title Guarantee & Trust Co. Thorp Finance Corp.—To Sell Securities Locally— The ' E. The be only, .50 Dean 1957—4 Mos.—1956 2495.. p. Webster Period End. April 30—* 1957—Month—1956 Railway oper. revenue— ' $611,463 $676,575 Railway oper, expenses369,606 402,545 632,488 income. charges Co._I & co-founder and Union Stock Yards Co. of . 2.70 Boycel Corp. Stroud & Co. 1.50 — .70 Scribner___ &' and Standard Although exploration Preferred Stock— ".35" • ' 2.70 Co.— & .35 89,247 405,715 deducs... Net Stone Co._—1 $343,348 61,243 8,926,510 5T34.335 - income Fixed 1.50 & .50 —j—_"_i. Staats Vice-President of United Specialties Co.—Proposed Merger— Industrial Enterprises, Inc. above.—V. 185, p. 1932. : .35 & Trask R. Bros. White, for Total Spencer William Stein & to the Presidency, cffectivo Coleman/ Board Chairman'.'Mr.■' See & Co.^r—_ Barney .50 723 667 1957—Month—1956 $6,623,119 $6,712,342 —. Miscellaneous Deane Smith, .2. 1957—4 Mos.—1956 rentals income Co.__.___ & Singer, - .50 Applegate & Humphrey, Inc. $1,067 015 ■> 8,723 oper. Roberts Co;^— & 10,o46,621 .90 & Simon .35 Co., Inc.—* & M. and income -V. .35 Co Co.— Hammill & 35,859,324 9,592,885 President,Elected— expenses income / Net Net .35 Co Hulme, 1 Dr) Net & Stone See Resort Operating expenses Railway tax accruals.. Equip, rentals (net Dr) " & — 764,919 545,754 revenues facilities .70 Hemphill, Noyes Co. Henry Hernnan & Co.— Texas & Pacific Ry. Co.—April Net Income Off— Joint I. 2.70 & Co Marache & Co,_2.. Harrimun Ripley & CO., Inc._ irayden, Miller & Co._r.—__ and 54,658 $2,513,405 . Period End. Apr. 30— Operating Renshaw Poole, Shenrson. Shields .70 Co.2_I—J.2^ 2.70 would removal $155,806 8,665,409> inc— oner, .50 Parke ' Joseph; Mellen .Si Miller, Inc, 185, p. 2717. 2495. p, & Roney & Rothschild F. Schmidt, '.50 . C Inc. Sons & Federal .50 —V. 1957—Month—1956 $11,178,814 $11,913,573 revenue. —V. 185, Gardner I Scliwabacher ""'.35 Corp.—2._ & Co., and State - .50 fc Co Michigan Reid Granbery, $145,000, service of of JTallsrarten Gas' $1,085,281 24,144 oper. .90 ".90 —; Chapman Gordon Graves • about 178,696 v oper. Rodman L. Gloro, Forgan & Texas & New Orleans RR.—Earnings— Railway Railway Corp._i_ ^ Co.—: & Wm.'C. ,35 Goldman;- Sachs from $334,502 202,961" ops. railway oper. 185, p. 2262. $s 1.30 Co .35 Inc. '• ' " Reynolds & Co., Inc.—.rr■■ 1.50 2.70 Co..^.^. Co., Securities Costs & 37,830,359 / .lib' 1.50 Depreciation Roinholdt been CONSOLIDATED .35 Riter - French, Jr. Sylvan U. by •' ■ • Jaffray & Hopwood— .50 Prescott, Shepard & Co,; Inc. .50 R. W. Pressprlch & Co._; _f- .90 '.*■ .'//1-: Richard W. has \ Piper, ' ' of 9,263,043 3,09^,681 2,209,7u8 Three Months Ended March 31— .50 & 1957—4 Mos.—1956 related products and chemicals have comprised his basid field in past 25 years, his work has also been in pigments/chemicals anil various research fields "with General Electric Co. and Continental Oil Co. as well as in his present Job./ ,• .ovy •• .70 >Curtis • in -.50 —— • • the 2.70 Co.—_ Paine, Webber, Jackson :50 .2—.35 & & French Pacific '.35 Co. Co.— i ? and "■*•35 & 8,530,021 announced charge of production. 1.50' Northwest *•. .• Pierce,, Fenner Moseley 1 ' tells the revenue. ry. Ai S. was Newburger & Co.___--^__Ll% . 1.80 Deetjen Roliert cus- parts of its system, 1957—Month—1956 oper. from .35 Union Lahey. Clark & Co Ry.—Earnings— oper. rev. F. .35 " Co. Co...._ election 1, Mr. .35 • 2378 pp. vVr ti'.'i I'lVf ■ ; will succeed Thomas A. AVhelan, .President the company. Mr. Whelan will remain as Treasurer man of the Executive Committee. .70 ■ Merrill, Turben & Co., Inc.— The " Milwaukee Co.„__ 1; 1.50 Co,., Fultou gas facilities of comparable value or cost salvage .35 Inc.-__^_2i.f ,60 Townsend," & & lis ;nation¬ 185., 39,993,416 164,797j639 lSS.'OSS.BOa 30,730,373 126,967,280-122,829, '48* French .35 Inc. Merrill Lynch, & Beane .35 The July '.50 McDonald 1.59 > , .90 -McCormick 32,322,2.4 expenses. United Carbon Co.—New : .35 Co. Mason-IIagan, oper, Net rev. from ry. opers. Net railway oper. inc.— —V. 185, p. 2*96. .59 *» &'•' Manley, .35 Co;——; Dillon, Equitable ■ tap" approximately other on capable the of & Emerson 347,902 Net —V. L. The Texas Mexican Net Inc., removal facilities Period End. April 30— Railway Railway of 2605. p. Co., .50 &- Bodine & Far well, Seventeen the salva^' valu? cost the use approximately V. Water & Fstabrook in like¬ ... aeiv*ce wo,1ld lift, abandoned the ,Texas thi*"line. Simmons;.—_ plants.—V. a.'U:-') I 40,852,295 2.70 Irving Lundborg & Co.^_ Bennett & Co.__„„_ Laurence M. Marks & Co._._ .50 producing Railway .90 „ Loeb, Rlioades & shipment^ from, oxygen J oper.- revenue— 2.70 " •_ However, Railway »;• .35 ' ;__j. delivery or ■I'; Union Pacific RR. Co.—Earnings?— .f Period End, April 30— ' 1957—Month—1956 r2.7-0' Ryons & Co.l— Livingstone, Crouse R. Co. ■ Co.__: storage. initial ,\0 4. ' Brothers Carl M. 1.50 Co.__——_ Securities H. allowed Eastern of ;:/ .35 Co.——__ Daln & Co.. First & ^■.Ii1^omp^nyiLsaid tllat $151,000 and that M. costs be Line in Indiana— end Lester, ,*;S. Co.—* .50 Crouter natural Danville Co.__ Sherrerd— & Drexel heading will commence June 25, on corporation; ^to abandon approximately 30(a gas pipeline extending from Martinsville, Ind., to a point near Danville, Ind."^ Texas Gas formerly purchased gffs from Panhandle Line .50 .70 & standby an supply of : commitment ' Langley & Co.__L-',_2" Freres at \ be built up by the unit's own production stream the high purity supply is- not limited by storage, since Linde can provide additional higb tank car or tank truck oxygen. production oxygen by system/of liquid 2606... '. " add fortn opposite ; Lehman ";70 Co.- Inc.—__ & Collins .Eastman Commission of 'eight-inch <fc DeIIa\en by t'lis Ca- ^? . miles & & C. Lazard _"'.50 Podesta' A: Co:2 Curtiss, House & Co.___2-^-2' refund not W. .70 , set day. per continuous a purity -v firm a shares tons The reserve will liquid wide are-re-- Laird 1.50 "Cruttenden, of Commission Gas of ... , under shares Kidder, Peabody & Co.>_ & Company, Corp .50 Inc. ; . are assure either Outstanding _ Texas . lor 5,327,036 sha. ,• 9.10 ——A '.35 & & Courts Com¬ amount subject by to company!7:,.-a""7i. Power be Co., Co Ellis Fmsnuel, into. .effect share a 500 over for oxygen oxygen of low purity oxygenu when necessary repair and maintenance shuts down tne unit, a 15-hour reserve (a* least 6,500.000 *ublc feet) will be stored in. a 10,000,000 cubic foot FINANCING Authorized; *6,000,000 shs. of Byllesby and Co."(Inc.) Republic Co. (Inc.)' Clark, Dodge & Co Cobbey, Shively & Co—21. application total offset 'strpplffcra. Abandortmei# Federal1 present to operations; (3) a stream of liquid Altogether, this one unit produces rate tank. to-employees. M. '■/>■ "The lor Any ' company's $2 57 mill the $22,100,165, continuously since of rate PRESENT unsubscribed follows: •••• as Central *" Power sale 2——' & Eichler Blair Butcher by $3,964 009 Executive Vice-" Elmer, necessary ^suppliers'; proposed;.increases wise refunded to the ,• ity placed- customers M. - pending both "• Federal & Burnham customers W*. increase , the to its paid 78,620 Blytli & Co., Inc,_—: 2.70 Boetteller and Co .35 ; President— />•:" filed been TO value)— percentages names Baird Becker William Julien •"•' 3 G. A. ' application to increasg yates W. Bateman, M. 7" to To annual an EFFECT Securities Barth J. Elmer has been elected President t6 succeed the late Stevenson. Mr. Elmer has been Executive Senior Vice-President director of the company since 1955, a Vice-President since 1950 and has served as President and a director of Texas Gas Exploration Corp. sidce 1953.- ;. have at reflecting amounted basis. to. Baker, Weeks & Co. Ball, Bulge & Kraus_..__—_ to a To Raise Rates—'' the respective Robert T. w. and effect Corp A. C. Allyn & Co., Inc.— Bache & Co 1 Bacon, Whipple & Co._ was y.: , (without par giving Adamex pro¬ Tennessee , disbursed $21,769,664, equal to $4.50 outstanding, reflecting the stock split. Hornblower & Weeks company's main system at Kinder, Cameron, West Cameron and areas. The temporary certificate issued changed by order of May 20.—V. 185, p. 2605, not stock purchase fcneir East Vermilion saiiie ;" UNDERWRU'ERS—The underwriters $16,315,412, will extend from CATCO's on in are offshore been years, thfe oil to then income year, dividends for possible future served Power connect two amounted shares amended articles of incorporation filed oil June 4, 1957 which increased the authorized shares to 6,000,000 shares and spilt each outstanding .share two-for-one. in the Gulf of Mexico off the coast of Louisiana. authorized four independent producers—Continental Oil-Co.-and Tidewater Oil Co., both of Houston; the Atlantic Refining Co.-; of Dallas, Tex.; and-Cities Service Production Co., of Rartlesville, Okla.—to make the offshore sales "fo'^Tannessee. However, the certificates are conditioned as to the initial sales price covering the period until Nov. l, 1962, with provisions for the producers to file proposed increases for each four-year period thereafter. s -The PPC on April 22" issued temporary certificates to the four pro¬ ducers, together known as the CATCO group, to have and past *Aftcr reserves line share, adjusted a Common certificates Tennessee, 1956 previous * Commission pn^lay 20 conditionally issued per¬ manent (certificates authorizing natural,gas sales to this company from largo gas The in 4,842,760 the ' guild New /•••'• the In CAPITALIZATION GIVING .Tennessee Gas Transmission Co. — To Purchase Gas From Offshore if'ields in GullZof Mexico—To Pipeline— Income on DIVIDENDS—Quarterly 2495. p. 1955. split. $4.56 or V.' l\; - in share, stock .$1>829,735 1,240,913 - operations^-—$18,277 $132,537 oper* inc— *41,746"'A 70,228 railway a 1957—4 Mos.—1956 -^24,$437,362t-$1,513,307 Net revenue from rail'j -way. Net 414 by over 25%. ferromanganese will the At the same be reduced. time, coke consumption per Enriching the air blast by 6% with oxygen will boost ferromanganeso production into the perature V. 185, p. accelerating by air blast since 1794. is the closely excessive heat smelting regulated may The flow of oxygen control the furnace tem¬ process. to damage the- furnace linings.— Commercial and Financial Chronicle The . . Monday, June 17, 1957 . (St***) 5T Colo.—Stock Offering well and Exchange Commission, It was issued an order temporarily tuspc-noing Securities The has 4, a announced on Regulation A Capital expenditures for enlarged researcn facilities an)' more than $1,500,000 lor tne next 12 months.—V. 185, p. unuer the Basin "luxury" item. a ment composed of Robert J. preedman. Mitcnell and Simon Srybnik acquired the company.: group Parker Income Net Co, was a and invest¬ Juiy, 1956, the 25-year'bid Tracy Manufacturing of Edgewater Steel Co., when a new managerial Until division 8Net income Liftig, Maurice 1957—Month- oper. revenue. Railway of common stock of the United Western company, holdings in the Ambrosia Lake area of New oil land in the Southwest including the Paradox in Utah.—V. 185, p. 2263. £'Cat£y.-.bucktax credit applicable to stock March 31, 1957, 16,748 lb,647,169^shares.—V. 185, p. 2606., # ; oper. expenses ops. $3,267,443 income— 1,753,906 Net Net —V. from rev. oper. ry. ry. 1957—4 Mos.—1956 -1956 $4,478,268 $5,721,690 2,454,247 >2,127,347 5,053,379 Railway oper. majority of diabetics, Is now available to the medical profession, it was announced on June 3. Orinase can be purchased only upon prescrip¬ oper. expenses. Dr. Upjohn, President of this company, States, said the drug, known Gilford railway oj>er. which developed —V. chemically as a chemical cousin of the sulfa drugs—has been under intense and prolonged clinical study and trial in this country nincc November, 1955. Approximately 18,000 of the nation's estimated 1,600,000 diabetics have been given the drug during this period of careful evaluation with no serious adverse side effects. Approximately 1,000 of these, he added, have been taking Crinase daily for periods particularly in those 40 years betes, Yarian Associates, * President— Vice-Chairman of the Board ! and H. Myrl Stearns as President was announced on June 10. Mr. Stearns will be the Chief Executive Officer of the corporation. The company is currently- operating at an annual sales level of $16,000,000 compared to $11,000,000 last year, Nearing completion on their Stanford Industrial Park site are two new buildings designed to meet the increasing demand for the firm's products and services. The Varlan master building plan calls for an ultimate 500,000 square Sigurd of election The to Varian F. manufacturing, research and office space, over feet of present capacity.—V. 185, p. 657. , three times the '■ The shareholders Ltd. Mines, May 30 on The - of 400,000 shares at options to purchase share and 250,000 plan Includes an April 1, 1957, mature April 1, approved by the Washington P. of as from the sale, 1977. about June pany's transfer and subscription agent, Crown Trust Co., at its office at 302 Bay St., Toronto 1, Canada, and new warrants, aggregating the same number of rights divided as the holder may have indicated, will be issued in exchange therefor upon payment of the usual transfer agent's fees. of Mclntyre Porcupine Mines, position with Ventures, Ltd., while F. V. C. Hewett, President and Chief Executive Officer of Mclntyre took over the same positions with Ventures, Ltd. Mr. Tory replaces Thayer Lindsley as Board Chairman and Mr. Hewett succeeds Robert B. Anderson, who has been nominated Secretary of the Treasury of Tory, Chairman of the Board Ltd., has been elected to the same D. See also V. United States. the 185, p. schedule of 17, Sept. dated March 27, expenses)- 1956. . to finance natural gas expenditures.' The $6,500,000 bank loam negotiated • in December, 1956 and due July 1, 1958 is intended to cover construction expansion large-scale the of necessary, program for the current year and forepart of next year.- Addi¬ permanent financing will be undertaken later this year to this bank loan.—V. 185, p. 2038. : .-V,> V,J requirements tional refund Vick Chemical Co. Nine Months Ended 2496. Earnings before taxes (incl. unremitted foreign 14,672,263 13,278,594 7,440,063 6,780,730 $7,232,200 5,707,121 1,621,478 $3.52 $6,497,864 taxes (incl. unremitted foreign income) Earnings (excl. unremitted foreign income) Shares outstanding Earnings per share —V. 185, p. 669. Earnings With SEC— registration statement (File 2-13421) with the SEC on June 11, 1957, covering $30,000,000 of fir^t mortgage bonds due 1987. Kidder, Peabody & Co., Blyth & Co., Inc., White, Weld & Co., and Laurence M. Marks & Co., are listed as representatives of the un¬ filed company a 1 derwriters. ■ incorporated under the laws of the State of Wash¬ primarily engaged in the generation, transmis¬ sion, distribution and sale of electric energy in central and eastern Washington and northern Idaho and supplies more than 14.1,000 cus¬ The company ington in 1889 was is and issue will be applied to the presently outstanding notes of the company.—V. 185, p. 1957 1956 $74,754,681 $64,234,098 income) Income bA.ceed 'an -aggregate amount $8,200,000.1 J'-.v./,-'. company;will i^sue-the notes' in varying amounts to commercial banks betweeii June" 10 and Dec. Tne mi-.es wiil mature-- Wit lin one year''3from",i!the date of P&ue -but not later than Sept. .3 J, 1958. The proximate date'Or'tne proposea The The National one of 5,557,755 1,628,833 $3.41 $1,056,000 Research Grant of Philadelphia, grants for medical Drug Co. largest the Pa., a subsidiary, has made research ever given by a pharmaceutical company, it was announced on June 4 President Vick Chemical of by E. L. Mabry, Co. $1,056,000, which goes Into effect as of July 1, has been made to the Johns Hopkins School of Hygiene and Public Health to enable Dr. Winston H. Price, Associate Professor of epidemi¬ A grant of 10-year ology and biochemistry, to carry out a research program in the field upper respiratory tract diseases, the common cold, streptococcal infections of the upper respiratory tract and complications resulting from such infections, particularly rheumatic heart disease. In addi¬ of tion, Dr. will Price act as consultant In medical research to National Drug and Vick. that this grant represents only one segment of Vick's expanding research in the important fields of the common cold Mr. and Mabry related net of the proceeds Vfck's hrengaged two Co.—Hearing on a Wholly-owned subsidiary of the American Telephone 'Coihijanyf-* V>!'"v.':,v? '• 1 ^ale ,ef the! debahtures Will "be Used to repa£ approximately *^8,50^,000 oi adtances irom American Telephone, and Telegraph - an<f the" balance for general .'corporate purposes.—V. 185# p. 1933. : V v ■ ■•"##■ ■ V '• • c ■ 2 compaity'ls The .proceeds from: the The - <Alab);Wood Stpcl ; it company, announced was Western Development The the company on Kutz West #'• Co.—tUriit to Move— ;r plant at Oaks, Pa. is ion will ceasef present plant, in. Piiiladelpliia,.Jiar, on; June 28,. 1957.-Penco Metal Products, manufactures steel lockers# shelving and cabinefcfntfor industrial uhd -instiutionki ose> The move to. Oaks,, a nearby Philadelphia -suburb, wiH' commence on July'l,' rwhefv the, first of a fleet of trucks and truck-trailers -wift •preparatory to occupying its new $2.500,000 mid-'Jttljv--the company's. Penco Metal Products 41-v all manufacturing . and ? shipping o-jjeraiions at its • YhW move in eight .^vorking-days, y,!, : -.- . 4 ne.wr,.*srxigle' s'toryl plant, situated on -a jlo-acre tract adjacent; Schuylkill River 10 jniles* north of Conshqhocken, contains 163,000 square feet of #;pace, almost thre^ time? the size of the old plant. New; ^equipment is beipst- "in^ffille'd at Oaks to, complement that being rnoyed. from the present location. Production is .scheduled ,to comphste to The to the start on ,s ' Juiy.,22. ■... of Pennsylvania and'founded was-purchased by . Alan Wao.d Steel in-1955) —V. 185, p.» 1933. -W 2- • : v;,..w :, v.. r-i ST't -■ •' ' r ' /'"'V "v. * ly* +-J?" ■' ^ ' *.' 'i",r ,* Wurlitzer-Ce.—New Name— . Formerly in known as Penn Metal . Corp. Philadelphia, in'1869, it 4 "« ■* . •' • .. - Rudolph" Wurlitzer See (Rudolph) Co. indicated a 1, No. 11 June of area on The below. announced the San completion of Juan Basin, New an oil Zenith Radio The step-out, is located 1% miles north of the Western-Federal No. 1 which Gulf Oil Corp. recently completed on a farmout from Western Development, and is within a distance of not more than three miles from a checkerboard of five additional drilling locations made by Gulf on the Western Development farmout. . The Holloway No. 1 is located on 1.280 acres of which Western Development is the operator and in which it has a one-eighth interest. This lease adjoins the area where Western Development already has working interests covering approximately 20,000 acres.—V. 185, p. 1932. The well, described as a Western Maryland pharmaceutical divisions, the National Drug Co. and are substantially enlarging their facilities and Period End. April 30— revenue__ Railway expenses- ttye production facilities at Swiftwater, Pa. . In addition, Vick Is expanding Its research Net Merrell Co., organizations for conducting for the development of oper. Net rev. from ry. opers. —V. railway 185, p. oper. 2263. inc Ry.—Earnings— $1,353,423 . 898.397 $6,183,821 4,203,965 $4,941,293; 3,281,103 completely new rad'o, instruments which company ever produced and feature-packed line of in its history." , . \ - instruments TEfnge 'in *thb line " the1 decorator'-collection of 21 high-fidelity ^hd FM-AM high-fidelity phonograph combinations. "Each furniture" piecd1 in -Its owtr right,"' L; C. "Truesdeil, Vice-President, said, "with cabinetry ' irr efrtrcr authentic Freilcn ^provincial, 7 early Unique television is a trad^tiOhalr modeln1" or^cdiitemperary ^.tj'le^rid design/' aiso unveiledta Hew" strifes",of 21-inch /and 24-inch ' toverai diagonal. nieqsurfement^Vteleiisiah iisih^ an entirely', tew horizontal chassis*in combinaUourvith a •imw...short picture'tube which produces "sparkling. tet)ailpd pictures'with a,demonstrable impfpygment in pic'ture fidelity,"-.Mr. Triiesdell said. The shorter frbnv-to-back measure¬ AmeriCaft, ' Zenith- ment ot'-th^. time. permits "picture-proportioned" slimmer," trimmer ^illiciiette;. he cabinetry with ^ v' decorator collection as. well as 13 with .Zenith's S^ace-Command remole TV tuning/- whi«h 'uses' as -cemmaiide r/silent r sounds too high in pitch fOTr* the-human T«nT. -ta*-bean: ,Thn "electronic ear" of the receiver;-'Mr. -Truesdell cexplained; bears,* the commands - and .the set Te;»i*onds- -instantly—turning en und off,-. changing; chnrmels, silenciiug and restorhig^sound.'-as;the viewer/directs from hi? easy chair -across eight tdleilsions 'in-4 he other TV recetws tare equipped The. 1957—Month—1956 1957—4 Mos.—1956 $4,867,542 $4,397,100 $19,312,843 $17,468,995 3,261,331 3,043.677, 13,129,022 12,527,702 $1,606,211 1,095,940 Corp.—Previews 1958 Models— corporation dh. June 4 previewed its 1958 from a tiny table-top radio to magnificent television and hivrli-fidelity combinations (.'with fine furniture styled cabinetry to- suit - Xdrtually-every f decorating purpose.-"1 , .« ■ - ;. . " well in choke, proposal to shorten the phonographs.—V. 183, p. 2698. television, - phonograph and high-fidelity otficials describe as "the most extensive The Mexico. June 4 approved a to the Wurlitzer Co. . Cwhich was founded ICR pianos, electronic pianos, electronic. OTgans, and company include coin-operated The Co.—Shortens Corporate Name prlncipaY products of this company, ago, years Co.—Completes Well— a Wurlitzer stockholders *on of -this name on 24-hour test through a one-half inch daily potential of 324 barrels of oil of 39 gravity. Holloway diseases. , hi 2606. Financing— June 12, has applied to the Securities and Exchange Commission for authorization to issue and sell at competitive bidding, $20,000,000 of first mortgage bonds. The bonds are to be dated July 1, 1957 and will mature July 1,- 1987. It is ex¬ pected that the public invitation for bids will be issued on or about July 3, 1957. Net proceeds from the sale will be used for construction purposes. The Commission has issued a notice giving interested persons until June 26, 1957, to request a hearing in the matter.—V. 185, p. 2718, This Railway oper. Wm. 8. . and Teiegrapn • The West Penn Power tissue culture research and for creating vaccines and other immunizing preparations for these diseases. These programs also Involve expansion of National Drug's tissue cul- the research of the State of in tne prnnaiy business.wof furnishing# com-; municatioh services, mootly local .uHid -toll telephone service in Wis-; cousin,-serving a total of-more -than 9<0.000 telephones, of whidh^ approximatelyu60# are in 'the wiilwuukec,* Axa.iison, Raclne-jand Gieen Bay service areas?' -V. v" 'l.i r- ,;v>' 4 repayment of stated virus ^y[ coiiipafty, %ic6rV0ratC8 fir 1882 under the. la"^S The Wisconsin; merchandise Vick Chemical Co.—Makes ivvr* price ;«uU underwriting- puDiic- in.Yitauoii iur mu* i* Interest,* tis'ijwell - as the pao.ic -oviering' are <x> be supplied by anundmen;. verms, tomers in 92 communities. (& Subs.)—Earnings Higher— March 31— 1 ;..j s Washington Water Power Co.—Registers The The Sales $2,171,367"" ,' 762,8.0 Service Uo.-^To Jssue Notes— authorized Hthis" company.':to .. , 8. 652,405 PowXfr Comniis$totf";has shbrt'-tetm promissory hotel*'not to issue mortgage the out¬ The approxi¬ availability of gross prooee •& from the bond s*ie is 15, $12,175,000; May 15, $250,000; June V, $100,000, bank loan $10,000,000 follows: nancing rights to subscribe for additional shares in the propor¬ additional share for each nine shares of stock held. 13, there will be mailed to shareholders fully trunsferable warrants, evidencing the rights which will expire on July 8. Holders desiring to divide warrants may return them to the com¬ J. S2.118.99J S. Commission, used, April $2,475,000. < '/ ' jr" ' ' \ Refunding of the previously outstanding first mortgage bonds and the $10,000,000 bank loan was the first step In the permanent fi¬ such one dated bonds, mate to of or $111,160 87,003 of record 1957. Cash In lieu of fractional interests was paid at trie rate of 62Vs cents per share, if ,Jfche number of shares held was not exactly divisible by 25. »• > v .. Concluding months of preliminary work and negotiations, a private sale of $15,000,000 principal amount of first mortgage bonds, 5Wo-. series clue 1977 was closed on April 15. These bonds were sold to 31 institutional investors at a price of 100% plus accrued interest. and will be granted On • lob,360 Federal .The- April 22, of as Ventures' shareholders to purchase approximately 200,000 shares at $30 per share in the ratio of one-to-nine. Shareholders of record at the close of business on June 10, 1957, tion 'VY'"--V ''V# 4# stock dividend was paid to holders of On May 6, 1957 the as standing 250,000 additional shares within two years at $35 per shares within three years at $40 per share. The offering $ *80,685 inc. |)v2497. Co.—Earnings—Refunding— first, to retire the $4,691,000 balance of first bonds, 35/nr/o series due 1976; the remaining funds (net of to the extent available are being applied to retirement of and option of Ventures treasury agreement provides for the sale to Mclntyre share and the granting to Mclntyre of RR.-JEamings-rr,-.;f three the before, year t.. have been • per Natural Gas for income Funds to Stockholders— approved the offer of Mclntyre Porcu¬ purchase the for shares. $35 $9,786,987 $9,164,954 3,425,291 '. 3,304,439 months ended March 31, 1957 amounted to $244,314, This was $19,098 more than for the first quarter of 1950. p-or the 12 months ended March 31, 1957 net ineohic itnd special income tax credit amounted to $412,345, which was $36,586 more than for the corresponding period the previous year. Earnings per common share for the 12 months ended March 31, 1957 amounted to 47 cents—up lour cents from the same period the The Ventures Ltd.—To Offer Shares pine $2,284,208 853,137 " 2606. p. Washington Net r Palo Alto, Calif.—New 31, • of age and older who require 40 less.—V. 185, p. 1932. units of insulin a day or Out-' Productions—To Redeem Debentures— The corporation has called lor redemption on July 1, 1957, all of its \'/o debentures, series A, due July 1, 1960 at 100#.—V. 185,/p. 529. Upjohn declared, that Orinase is effec¬ levels in mild to moderate case of dia¬ tive In controlling blood sugar sVres;- Maic.i Walt Disney longer. Investigators are agreed, Dr. • 185, inc.— oper. i85, Wisconsin• Piiblic v v , distant sulfonylurea—a of a year and railway Net United the in $2,281,425 766,393 Net rev. from ry. opcrs. physician. E. Orinase on • f 1957—Month—1956 1957—4 Mos.—1956 $10,249,329 $9,633,400 $41,373,786 $38,548,182 7,967,964 . 7,349,192 31,586,799 29,383,228 revenue— Railway tion by a 388 *$2.53 *81.14 lpss.r SBased -Montu—-j_yo6 *195"—4 Mos.—1956 $2,813,089 .$2,688,275-.$Ili0o4,125 $10,479,179. . .'2^32,404 *... <7,095 .8.917,126 ■# 8.307.812 Net rev.*frour ry,-opers.,:,-. Net Period End. April 30— .expenses-, Ratiway#opjr. $9,450,518 $2,350,921 $12,582,312 1,274,441 6,763,094 Wabasli RR.—Earnings— Available to Medical Profession be taken by mouth in insulin injections In *$0.08 ■ j - 30-—195 Period EndviApril Railway, oper, .^revenue— » 185, p. 2496. a tablet $0.82 common %: Wisconsin Central $22,068,907 $17,866,809 9,486,595 8,416,291 —V. the long-awaited drug which can form and tnus eliminate the need for : sha.eJ_————1 "Loss. standing *- -51.76**- • common share.— per per - connnon Virginian Ry.—Earnings-rRailway as Upjohn Co.—Orinase taxes, -50.03 sales——J—.;-- —— '-dollar of pel before Income lt.56, Co.—Fund Acquires. Interest Mutual Fund, Inc. has added to its port¬ Orinase, . ■ extensive well as ...... ' as 20,000 shares has -■■■■■ ————*——-—; , Perlod End. April 30— Mexico . , United Western Minerals which 7- -f95T— 4 Mos —1956 ;; $1.405,486 SI.474,470 * i,218,Vo>j; 1,223.010 Corp.--rSaies and Earns." Riser- notification, unregistered securities sold within one year of the filing, securities of the issuer outstanding as of the date of the offering circular, contingent liabilities incurred by United Uranium as a result of sales of its securities, and the percentage of United common - stock that would be owned by different classes of persons If the offering were sold; and (3) the offering circular failed to disclose, among other things, that the underwriting agreement with Donohue had teen cancelled and that United Producers, Inc., an affiliate, had egreed to sell either to United or its officers approxi¬ mately 1,000,000 shares of United stock at one-half cent per share and United's oiflccrs had embarked on a program to sell this stock at varying prices.—y. 181, p. 1922. » , folio expenses'-* - * i: plants ' the Atomic Development .. .. of The '•*' " ^"1957—Month—1956 '-$300,652 $356,551' - 307,7o4 307.027 30-— revenue $3f^y^;ol4 ,.-2,2^^,478 J-".. Inc., a century-old publicly-owned corporation Net rev.; from-Ty.-'ops. " $50,898 $49,524 ' ' $18*7,083 $246,460 in Pennsylvania, New York and Puerto Rico, manufac¬ Net railway oper. 4nc;_J'-':-'^v26,3b4' *t>:"26,071 '*•;* 144,865 j.' 135,764 tures a wide variety of products Including industrial kitchens, metal —v. i85/*p:'2378.v ';-yZj-furniture, heaters, chemicals, and soft goods. ». V Mr. Dallago indicated that the completely-equipped Tracy plant with more than 150,000 sq, ft. of manufacturing space and an annual ;; Westlngbause Ulectric y 1957 1956 > productive capacity in excess of $15,000,000 is unusually well-suited Three Months to March 31— r • • ; $ Y';\. . to the integrated production of Viclad products. ^ Combined with i V :,"*/• ..' •• 475.666.000 225.366.000 ' Viclad's present plants, the company now has metalworklng facilities Net aalefc- billed'lif-'445.365,OOO 270,034.000 i extensive enough to handle all phases of mass production. Cost of salesi;2— As a result of the Tracy purchase, Viclad plans to enter the 30.321,000 -44.G68.00a home appliance field with the startling new Tracy Thoroughmatic Operating profit -i———„—'•——— •' 3.440,000 5,757,00a' Dishwasher, which created such interest at the recent; Chicago Income from-other -sources— r*. .vr ■•->>• ' ' ''•> *• ; Housewares Show. • • - 32;761,000 *38,911.000 According to Mr. Dallago, production of the Tracy Thoroughmatic 2.763.COO 2,764.000 Dishwasher which has already weathered five years of extensive Interest' oil" - debeoiutts——:ti>—ri— 15.800,000 423.100,080 research, development and field tests, is planned to start immediately. R..t.maieu .Federal income ta/.es—l2__„ 1—_—_ ." .u '•>" ■' • '• It Is expected to bring to the American home a quality dishwasher*, 14.198,000 *18,575,000-' at such an unbelieveably low price that it will no longer be classed Net incomei—— that by Period End.-April Railway-"oper. . $1,259,-3*7 (<..>,<,*>0 ■ of, Alabama—Earnings— Railway-oper. - • <_v,i34; J vr • iiuo. Western of Pittsburgh, Pa., one of the country's heme kitchens, has been acquired by Viclad announced on June. 13, by Alfred Dallago, si,xb«,8n3''$i,187,duJ opers; iper." inc..— *o3, -'if. Industries, Viclad with of its securities, t , ... particularly, it is alleged in the Commissions order (It notification tailed to include certain required information with respect to the issuer and with respect to certain of its un¬ registered securities Issued and sold within one year of the filing the notification; (2) that the notification and offering circular are false and misleading In respect of certain material facts, namely, United's contemplated offering and sale of securities in addition to covered runway —•«. Manufacturing Cc. Tracy largest manufacturers of Industries, Inc., it was President of Tracy.: United's those Net- 869. ^ Si,480,419 $17,393,tk>0 $lb,b8*.360 3.33-..606 13,134,t>33 lo.lo4.046 3,413.833 expenses. oper. Net rev. from ry. estimated at Inc.—Acquisition— Viclad Industries, chasers" More Railway .1957—4 Mos.,—1956 1951-—Month—i9oo $4,701,732 Railway oper. revenue of Securities Act oi 1933 With securities by this corporation. The order provides an opportunity lor hearing, upon request, on the question whether the suspension should be vacated or made permanent. Regulation A provides a conditional exemption from registration under the Securities Act with respect to public offerings of securities not exceeding $300,000 in amount. In its Regulation. A notification, filed Jan. 26, 1955, United proposed the public offering of 2,000,000 shares of its common stock at 10c per share pursuant to such an exemption. John L. Donohue, also of Denver, was named as under¬ writer for the offering. In its suspension order, the Commission asserts that the terms and conditions of Regulation A have not been complied with by United; that certain information contained in Its notification and offering circular is false and misleading in respect of material facts; and that United's stock offering has been made in such a manner as to operate as a fraud and deceit upon the pur¬ exemption irom registration respect to a public offering of RR. Co.—Earnings- Period End. April 30— . Temporarily Suspended— June specialized other as Pacific Western Improved preparations for symptomatic relief of colds as products to extend its well known line of home medications. : ? . , ,.. Mr, Mabry reports that research expenditures in all divisions the Vick Enterprise are rising and u»ai total expenuitures iur researcn in the next fiscal ytar win be 70 > . higher than in 1955-56. and new Corp., Denver, United Uranium the room.—Vi*:i85, p. 386. ■/ " * ' \ pjume 18o Number 5647 . . The . Commercial and Financial Chronicle (2855) 59 AND CITY DEPARTMENT , ' ' : % • • v , ' ' ' ' BOND PROPOSALS AND NEGOTIATIONS -ALABAMA' Lake Tahoe Unified School District, "■*Y'El ^Decatur, Ala. 5 Bond Offering l-tj Joe Pcttey, City Clerk,; will receive sealed • • p. 2607—were awarded to to agent 1967 to inclusive.' composed-:of Bank National Trust & tion^ of he designated by the Legality approved by White, Bradley, Arant, All & Rose, of Birmingham;":;- Etowah " " County '• • • Warrant , (P. O. Sale $225,000 5s.: Due y w »«.-• An -— "issue .1958 of $500,000 State gasoline tax antici¬ pation sokb. to warrants group Co., headed Dated by 554s, as was May 1," 1957. Legality byy Dumas, O'Neal Hayes, of Birmingham. proved Bond sealed c Offering bids at his office in County, Casa Grande Union High School District No. 2 (P. O. Florence), Ariz. or ; I Oak Unified Diet., Contra Costa County, Calif. Bond Offering — W. T. bids at his office in Martinez, un¬ a.m. (CDST) on June 25 for (he purchase of $1,000,000 school bonds. Dated Aug, 1,1957. Due on 100.03, 4.67%* inclusive. Principal and. interest (F-A) pay¬ at the County Treasurer's Office. Legality approved! by Or¬ rick, Dahlquist, Herrington & Sutcliffe, of San Francisco. ' , 4 frl-' . * • } - > •* V~ ' '» First Bond school bonds 185, v. Sale p. The — offered 2498 — [ were 10 Co.j & - Co., June 10—v. 1957. as C of¬ 2607 Co., and William R. Staats & awarded to price of 100.00009, a net inter¬ est cost of about 4:07% as follows: about $330,000 $750,000 4 (is. Due a 15 a of 185, a p. - the at to be June 5 Due June' on 15 group composed of 770,000 4s. Due 1964 to 1977 on 1,500,000 June- 15 from > inclusive. Y " ■ , until 10 33/4iS. •: from. 196*1 2,000,000 Barbara, a.m. (CDST) oh July 8 $350,000 build¬ Dated July 15, 1957. for the purchase of ing bonds. Due on July 15 from 1958 inclusive. to 1977 Principal and interest payable at Treasurers office. the County (J-J) Imperial County Housing Authority .(P. O. Box 1001, Brawley), Calif. Note • Harry the Offering C. Hillock Secretary — announces June until 18 10 a.m. (PDST) on for the 1; 1957. Due 1959 on Sept. 1 from 1957 inclusive. Due to 1966 2498 — were awarded to the Bank of America National Trust & cisco, as 5s, at a price of Fran¬ a - •:* , June on 1 18 for the purchase of $210,000 sewer bonds. Dated July 1, 1957. Due on July 1 from 1959 the of to 1987 1981 on inclusive. and July Bonds thereafter 1, are due in callable 1970. Principal and (J-J) payable at the County Treasurer's office. Legal¬ interest ity approved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Francisco; Woods School District, San Co. April Joaquin Chu'a Bond house fered Vis*a), Sale and $50,000 equipment v. -— bonds 185, p. bids at his office in Stockton, until II a.m. (CDST) on June 17 for fire of¬ 2379 the purchase of $225,000 building bonds. Dated July 1, 1957. Due on July 1 from 1958 to 1971 inclusive. Principal and interest (J-J) pay¬ — awarded to J. B. Hanauer & Company,-at as Calif. The — May 23 were interest a price of cost of 100.04. about a 4.33%, follows: $25,000 41/2s. Due 1962 1966 to i967jo ■ 4* • on June 1 from inclusive. 25,000 4 (4s. Due *.A County, Calif. Bond Offering—R. E. Graham, County Clerk, will receive sealed San Diego County, Montgomery Fire Protection District (P. O. - on at County Treasurer's office. Legality approved by Or¬ rick, Dahlquist, Herrington & Sut¬ cliffe, of San Francisco. June 1 from He —- bonds The offered Arapahoe June 10, Cherry No. S Tindall & the Co., group Merrill r . ILLINOIS Creek (P. O. Centreville Township Hospital Dist. (P. (X. 4831 Bond Ave., to 1S58 to June 1, for , Louis)* 111. Bonds Not Sold mitted bonds dated the offered All bids sub¬ — $975,006 hospital June 3, were re¬ jected. Note The —► June 10 foregoing report in 185, v. — super¬ issue of our 2719. p. ] Cook County Forest Preserve Dist. (P. .O. Chicago), III. Bond Sale—An issue of $1,000,000 Corporate bonds was sold on L Exceeded State Turnpike that paid during the 30-day pe¬ Concessions and miscellan¬ were riod. eous Trust & Savings Bank, City Na¬ Bank & Trust Co., and American National Bank & Trust tional 318,582 vehicles carrying nearly 1,000,000 people traveled 14,032,375 miles without a fatality. Tolls of $338,439.84 revenue amounted to $16,- 140.67. Co., all of Chicago, as 3(4s. Dated July 1, 1957. Due on Jan 1, 1959 and July 1 from 1959 to 1967 on inclusive. Interest J-J. Legality approved by Chapman & Cutler, of Chicago. Cook Operating expenses were $99,027.22, which left a net revenue $255,553.29. From the opening of the Turn¬ pike on Jan. 26, 1957 through April, a total of 1,123,140 vehicles carrying approximately 3,369,000 people traveled produced expenses 50,681,993 gross After of all operating net revenue paid, wrere miles revenue $861,789.92. was The <} County Community Consol, (P. O. School District No. 64 Park for the month of Bond Ridge), III. Offering Clifford — Berry, Secretary of Board of cation, will receive sealed until 8 H. Edu¬ bids (CDST) on June 19 purchase of $520,000 school bonds. Dated July 1, 1907. Due on Sept. 15 from 1959 to 1976 inclusive; Principal and interest payable at a paying agent in Chi¬ cago, designated by the purchaser for p.m. the Turnpike Authority used $339,559.16 toward retirement of and its Education. bonds, thus leaving a bal¬ of $522,230.76 at the end of own ance April Chairman Manuel said. The Turnpike Authority has tired of La to the less than $72,360,000 original issue of $74,- 000,000, Mr. Manuel stated. St. Petersburg Bond Hall Beach, Sale —The and June were awarded 10—v. a the Board Sale school June — building 11—v. awarded to The $1,100,000 bonds 185, City of¬ 2608— p. group com¬ both, of Chicago, A. G. Co.; Hornblower & and Cruttenden, Podesta Becker & Weeks, Co., at & interest a price of 100.06, a net cost J. Sims & $177,000 Co., and Beil & Hough, 5V2s, at a price of 97, a basis of about 5.76%. of about 3.78%, No. Bond 11 awarded — building v. 185, — to a The $2,500,000 bonds p. group offered 2266 — were composed of Merrill Lynch, Pierce, Fenner & Beane, Goodbody & Co., Tripp & Co., Provident Savings Bank - & Trust Co., Rand & Co., Herberg as * , 4V2s. 826,000 3%s. County Special Tax Sch. 1 (P. O. Sarasota), Fla. Sale . Due on Dec. from 1958 to 1960 inclusive. 1961 Sarasota Dist. , group composed of Illinois National follows: as offered 2608—were p. a Continental posed of Goodbody & Co., Herbert Inc., of County School District (P. O. La Salle), lit 122 Bond Bank, Fla. bonds 185, to to Bank & Trust Co.; First National $350,000 Auditorium fered Salle No. $1,640,000 of its thus reducing bonds out¬ standing acceptable Legality approved by Chapman & Cutler, of Chicago. re¬ bonds out of surplus and revenue, out than more revenue June Englewood), Colo. Bond Sale—The $750,000 gen¬ eral obligation school bonds of¬ " $1,500,000 County, District to Lynch, Pierce, Fenner & Beane# Wyatt, Neal 8c Waggoner, Clement A. Evans & Co., and Norris & Hirshberg. - bonds. from Revenue Florida said school COLORADO School 1 are Net the *- - 1959 the 1971 inclusive. —■ Santa Clara Union High School District, Santa Clara County* Calif. building able from Authority. r 100.41, J" Bond "Sale basis *, Digitized forof about 4.94%.. FRASER Due Van bids County Auditor's office, Weaverville, until 8 p.m. (PDST) 1970 to 1977 inclusive. members Staats & Sale—Ther $85,000 build¬ ing bonds offered June 11—v. 185^ p. 3%s. June sealed the on 11— $255,000—Total revenue produced by the Sunshine State Parkway June 11 to a group composed of during April amounted to $354,- Northern Trust Co., Continental 580.51, according to announcement Illinois National Bank & Trust by Thomas B. Manuel, Chairman Co., First National Bank, Harris $1,261,103.62. receive W. East St. June bonds and at Kidder, Peabody & Co., American Trust Co.,..Weeden & Co., Cali'ornia Bank, of Los Angeles, L. F. Rothschild & Co., Laurence M. Marks & Co., * and William R. Bond Savings Association, of San inclusive. June 1 from on Sanitary District, County, Calif. Offering—Walter P. will 1 redevelopment Matre, Secretary of Board of Di¬ 1 June on rectors, June on syndi¬ cate: Smith, Barney & Co., Bank¬ ers Trust Co., of New York, Northern Trust Co., of Chicago, net Keppel Union School District, Los Angeles County, Calif. - Other that purchase of $21,000 installment notes. Dated July to from Authority will receive sealed bids -Bond 1967 to 1969 inclusive. Bond Offering — J. E. Lewis, County Clerk, will receive sealed bids at his office in Santa Trinity June 1 from on 750,000 3V2s. Due Hope School District, Santa Barbara County, Calif. ; Weaverville follows: as 1958 to 1960 inclusive. from 1958 to 1963 inclusive. , 3.72%', June Company of Georgia, of Atlanta, at a price of 98.566, a f' — awarded . 4%s. offered 2719—were awarded fol¬ Turnpike Authority (P. O. Fort Lauderdale), Fla. of issue Taylor & Co., Wachob-Bender Corp., Alli¬ son-Williams Co., and Juran & Moody, Inc., as 4%s, at a price of 97.53, a basis of about 4.86%. group pur¬ as FLORIDA and were p. 185, sedes the 1958 offered — noon the 1957. from Orrick, /Dahlquist, & Sutcliffe, of San 2607 A will until for bonds v. • 1977 inclusive. The for by bonds revenue v. to on Due Principal each school the Trust 1977 inclusive. storm June 15, Ukiah, Calif. Sale—The $800,000 sewer Bond by, the Chase Manhattan Bank, New York City, at a price of 100.06? a. net interest cost of Co., at time " . were — Legality r headed Co., R. H. Moulton & Shearsoii, Hammill & Co.# same June 19 County School District (Pi O. Athens), Ga. Bond Sale—The $600,000 3(fe%' J. $1,350,000 bonds, Due Bids will Francisco. Bay Recreation Facilities bonds offered June 13—v. 185, p. Devine<& on bids Clarke . basis of about 3.70%. Other members of Treasurer, June on of 500,000 $230,000 inclusive. Herrington 2719— p. sion J. of bonds.- Dated - Due 1977 approved to J.. B. Hanauer & 5s.: the at GEORGIA : Florida State — (J-D.) payable aforementioned Bank. ;<• City sealed ♦, Due on Feb. 1 from 1972 to 1977 inclusive. $850,000 municipal building bonds. June Offering I960, to 1962 inclusive* 4(4s* Due on Feb. 1 from 1963 to 1971 inclusive. 1,198,000 4.15s. Theodore. — 1 from 1,026,000 lows: and thereafter of from Feb. on, receive (CDST) purchase of interest Parking, 185, Wat- p.m. 1976 as purchase, drainage to bonds revenue the Offering the Bank of America Na¬ Trust & Savings Associa¬ received the ! Diego, Calif. Bond Sale—The $5,000,000 Mis¬ awarded to Inc., be $450,000 Uni¬ District s for 18 Additional San group composed of the SecurityFirst National Bank, of Los Ang¬ Blyth Ave. 8 from 1 Jan. on 1977. Bond (DST) will until 1 .. $276,000 5s. Due inclusive. Due Middletown, Conn. tion, San Francisco. — a eles, The — were awarded ;$1,100,000 June tional Alto, Calif. Division fered * San Bernardino County, Calif.' able at on - Fontana Unified School District, | t versity - ~ •' 4 ; build- . Bond Sale Clerk, bids Jan. on Thornton, Mohr & Farish, at a price of par, a net interest cost of about 4.21%, as follows: ' CONNECTICUT chase D. 2498— J. Sims & Co., Stranahan, Harria & Co., M. B. Vick & com¬ Co., and July 15, 1962. Principal and interest (J-D) pay¬ interest cost of about as follows: ; V Palo City callable are 1980 to 1982 inclusive. . and inclusive. Offering—Fred Bonds due in July 15 from 1958 to 1979 inclusive. 6,000 4'%s.- Dug on July 15 from able 1982 on sewer revenue bonds. Dated June 15, 1957. Due on June 15 from 1958 to 1982 inclusive. a net $28,000 4%s. Due to Due $325,000 11—v. 185, 2607 —were awarded to Wil¬ liam R. Staats & Co., at a price of til 11 to 1977 $34,000 1958 June on p. County Clerk, will receive sealed Aug. 1 from 1958 Sale—The 1957. Kowaleski, kins, |:ing bonds offered June Paasch, . Bond 1, receive sealed Orange Glen School District, San Diego County, Calif. r from Bond able School July 7*racy, Calif. of Antioch-Live Ana a.m.-(PDST) on June 25 purchase of $2,610,000 gen¬ obligation J school bonds. . Series C, school "election" bonds. Dated Aug. 1, 1957. Due on Aug. 1 from 1959 to 1976 inclusive. CALIFORNIA Santa p. group 50,606 3.80s. Due Jan. 1, 1972. 50,000 3.85s. Due Jan. 1, 1973. 50,006 3.90s. Due Jan. 1, 1974. 50,000 3.95s. Due Jan. 1, 1975. 110,006 4s. Due on Jan. 1, 1976 geles. Los 000 17- of Wallace, Principal and interest (J-J) pay¬ able at the County Treasurer's office., Legality approved by O'Melveny & Myers, of Los An¬ The — in a 1963 to 1967 inclusive. 40,006 3.66s. Due Jan. 1, 1968. 46,666 3.65s. Due Jan. 1, 1969. 45,666 3.76s. Due Jan. 1, 1976. 45,006 3%s. Due Jan. 1, 1971. from 11 Dated J. hisoff ice Due 180,000 4s. ine eral Principal and interest (F-A) pay¬ at the County Treasurer's $127,000 school im¬ office,'or-at the County's fiscal provement bonds.—V. 185, p. 2718 agencies', in.. New York City or —was cancelled. Chicago. * > issue an at 185, to 1960 to 1962 1 Calif. L. B. — 11—v. $96,000 5s. County Clerk, will receive sealed until 30 Harold — Orange County, ; bids June on 1 awarded posed of the Harris Trust & Sav¬ ings Bank, Chicago, Merrill Lynch, r Pierce, Fenner & Beane and Boettcher & Co*, as follows: 1982 inclusive. Bond Ottering inclusive. Due June on June were 1Santa Ana High School District, Angeles," until 9 a.m. (CDST) on July 16 for the purchase of $1,000,- ARIZONA Offering Cancelled proposed offering on June 1975 to Ostly, County-Clerk, will receive Pinal Bond 480,000 4s. Due ' & ; 334s. Due on June from 1958 to 1974 inclusive. Long Beach 'Unif ied School District, Long Angeles County, Calif. ap¬ - 4%s. fered com¬ $1,020,000 June 30 from on 1969 from 1970 to 1981 inclusive, a Hugo Marx & 3%s and 3(£s. 4s, to 300,000 _ group Staats & Co., Schwabacher & Co., and Fred D. Blake & Co., at a price of 100.02, a net interest .lost of about 3.88%, as follows: group America berg, and Lawson, Levy & Wil¬ liams, at a price of "100.03, a net interest; cost of about 4.80%, as follows:"" f : * .y, • ::%%%%%! Gadsden), Alabama • ... a R. a Savings Associa¬ Francisco, Blyth & San to Portland, William Co.?..Dean Witter & Co.;, Merrill Lynch, Pierce, Fenner & Beane, Weede.n ,8c. Co., Stone & Young- Paying purchaser. V of awarded posed of Weeden & Co., First Na¬ tional Bank, of Bond Sale—The $525,000 build¬ ing bonds offered June 10—v. 185'; bids until 7 p.m.-.(CST) on June 18 for the purchase of $513,000 pub¬ lic improvement bonds. Dated July 1, 1957-. Due on July 1 from1 1958 were DvradoCounty, Calif. I to Due 1974 97,000 3.80s. Due on 1 } Dec. 1 from inclusive. on Dec. 1, 1975 and 1976. Lse and No. Ogle Counties Sch. Dist. (P. O. Dixon), HL 170 Bond Sale The $2,200,000 building bonds offered —v. 185, p. 2499 —were awarded to a group composed of Halsey, Stuart & Co. Inc., Goldschool June 12 — * Financial Chronicle The Commercial and 60 . . Monday, June 17, 1957 . (2856) Sachs & Co., Dean Witter & Co., John Nuveen & Co., Illinois Co. of Chicago, City National Bank & Trust Co., Chicago, and MacArthur & Co., at a 100.004, a net interest about 3.70%, as follows: Kenower, cost of $700,000 3V2s. Due on Nov. 1958 to 1968 inclusive. Due 3%s. 1,500,000 1 Nov. on r Consolidated Sch. McHenry County O. Union), III. Bond Offering — Ervin RudinDist. No. 8 (P. ski. Secretary of Board of Edu¬ cation, will receive sealed bids until 8 p.m. (CDST) on June 17 for the purchase of $158,000 school site and building bonds. Dated payable at a bank or trust company mutually agreeable to the purchaser and the interest (J-D) Board of Education. Legality ap¬ Mark L. Fults, — County Clerk, will receive sealed bids until 21 June the for pur¬ $300,000 nursing home bonds. Dated July 1, 1957. Due on Jan. 1 from 1959 to 1977 inclusive. chase of Wood Dale, Weihs, Village Clerk, will receive sealed bids until 8 p.m. the for 20 sanitary apolis. Legality ap¬ .. . Offering Lynn Bark- — himer, City Clerk-Treasurer, will receive sealed bids until 1:30 p.m. June 25 for the pur¬ chase of $53,000 municipal bonds. Dated June lj 1957. Due semi¬ annually on July 1, 1958 to Jan. 1, 1964 inclusive. Principal and interest payable at the City ClerkTreasurer's office. Legality ap-i proved by Ross, McCord, Ice & Miller, of Indianapolis. on Sale ianitary Indianapolis School City, Ind. Offering — M. V. Bailey, City Business Manager, will re¬ until bids sealed 7:30 p.m. the pur¬ chase of $900,000 temporary loan notes. Dated June 28, 1957. Due on Dec. 31, 1957. Payable at the (CST) June 25 on office of Board of the for Treasurer School the of Commissioners. Indianapolis Sanitary District, Ind. Bond Offering — Charles H. Boswell, City Controller, will re¬ ceive bids (CDST) on until 11 June 26 for the pur¬ chase of $1,320,000 sanitary bonds. Dated June 1 from 1, 1957. Due to 1959 Principal and interest able (J-J) pay¬ the County Treasurer's Legality approved by Ross, at office. of of McCord, Ice & Miller, of Indian¬ apolis. K. & ;585,384.07 4s. Due on Aug, 1 from 1958 to 1968 165,000.00 inclusive. 1 Due on Aug. 3-14S. inclusive. from 1969 to 1971 305,000 4s. Due on Aug. 1 from 1972 to 1977 inclusive, City, Kansas County (P. O. (CST) on June the purchase of $1,200,000 >ids until 5 for 10 a.m. obligation bonds, as fol- general Warrant Offering Hunter, County Auditor, will bids sealed ceive until 10 re¬ a.m. June 18 for the pur¬ chase of $800,000 tax anticipation Warrants. Due on Dec. 10, 1957. (CDST) on 1977 inclusive. 125,000 Hun¬ Allen $3,450,000 bonds. bridge Dated July building and 1, 1957. Due semi-annually from July 1, 1958 to Jan/ 1, 1972 and interest inclusive. Principal (J-J) payable at the County Treasurer's office. Legal¬ ity approved by Ross, McCord, Ice of Indianapolis. & Miller, building bonds. Due Parish Co. are dated 1, 1957. Bonds due in 1973 and there¬ after 972. able fice. :on, are callable Principal at State the Legality as and of July 1, interest pay¬ Treasurer's approved by of¬ Stin- Thomson, McEvers of Kansas City. Mag, Tizzell, & Secretary-Treasurer of the Parish School Board, will receive sealed 10 a.m. (CST) on July bids until City School District, • .Bond Sale 000 Kansas — An issue of $190,- sold to George K. Baum & Co., and the building bonds was dated the issues will be All of July 18, 1957. * Bedford, Mass. New , ' Offering ' —7 Gustave Bond school La- City Treasurer, will re¬ ceive sealed bids c/o the National Shawmut Bankr. Trust Depart¬ Marche, Street,-Boston, Water ment,- 4fr a.m. (EDST), on June 19 as 3.90s, at Town 1977 inclusive. 1, 1957. Principal payable at the Na¬ tional Shawmut Bank, of Boston. — Daniel J. will Treasurer, July Dated and Offering interest approved Legality Thorndike, $125,000 street bonds. Due on July 1 from 1958 to 1967 inclusive. 75,000 1, 1957. Due on Sept. 1 from 1958 to 1967 inclusive. Interest M-S. The the Legality approved by Chapman & Cutler, of Chicago. Parish School District No. 21 (P. O. 1724 Kirkman St., follows: 000 bonds, as electric Due bonds. 1957. are dated Principal and Rockland, Mass. July — interest Springfield, Mass. $1,000,000 on 1, pay¬ able at the above-mentioned Bank, approved by Storey, Palmer & Dodge, of Thorndike, Offering — H. A. Sale—The Note Due Nov. Bond Offering — Maurice 1957. nicipal Dept., Ill Franklin Street, ing bonds. inclusive. 1, Aug. Dated Feb. on 1 from .Interest 1958 to 1977 Legality F-A. approved by Wood, King & Daw¬ Bank-State Street Trust Co., Mu¬ Boston, until noon (DST) on for Due on of New York City. the Parish O. School Districts New Iberia), Sale La. The $1,715,000 school district bonds offered June Bond 32—v. 185, p. — 1935—were sold as 4s, at a price of par, to a syndi¬ cate composed of Equitable Se¬ Corporation, Scharff & curities Jones, Inc., Barrow, Leary & Co., Merrill Lynch, Pierce, Fenner & Newman, Brown & Co., Inc.," White," Hattier & S'anford, Arnold & Crane, Ladd Dinkins & Co., Ducournau & Kees, Glas & Co.J Howard, Weil, Labouisse, Friedrichs & Co., Kohlmeyer & payable Bank. Storey, Principal at the and interest above-mentioned approved Thorndike, Palmer Legality by City Secretary, will receive sealed bids until 7:30 p.m. (EST) on June 18 for the purchase of $162,000 g—Michael J. O'Leary, Town Treasurer, ceive sealed bids at the will re¬ Merchants assessment street improvement - bonds. Due on 1961 incl. 1 from 1957 to Oct. 20,000 general obligation street improvement bonds. Due on Oct. 1 from 1958 to 1961 incl. bonds The are dated 1, July Principal and interest (A-O) 1957. Fairhaven, Mass. Bond Offerin ' bonds, as follows: $142,000 special & Dodge of Boston. Mich. Offering—R. Don Pretty, Bond July 15 from 1958 to 1972 inclusive. Iberia June purchase of $240,000 water bonds. Dated July 15, 1957. 19 Allen Park, H. Shirley, Town Treasurer, will re¬ ceive sealed bids at the Second Board, 21, 1957. MICHIGAN Duxbury, Mass. of the Parish School will receive sealed bids until 1(> v.m. (CST) on July 2 for the purchase of $660,000 build¬ Secretary tax anticipation notes offered June 12 re awarded to the Merchants National Bank of Boston, at 2.02% discount. Dated June 13, 1957» Boston. Norton, school 12—v. 185, p. 2720 were awarded to First Boston Corp., and White, Weld & Co., jointly, as 3.90s, at a price of 100.42, a basis of about 3.84%. 7 bonds offered June Lake Charles), La. Bond Storey, Sale—The $900,000 Bond July 1 from 1958 to 1962 incl. bonds by & Dodge, of Palmer Boston. Second Ill Franklin St., 1 p.m. (DST) on 18 for the purchase of $200,- Dept., Boston, until June ■ ... ' a basis of about a clusive. 263,000 sewer construction bonds. Due on July 1 from 1958 to nicipal purchase of $500,000 school building bonds. Dated Sept. for 18 Beane, Manhattan , 1958. . until 11 receive sealed bids at the No. 5 Sch. Dist. on July July 24, 7 . Winthrop. Due July 24, .784,000 Danvers, Mass. Bond Toomey, (P. O. Oberlin), La. Bond Offering — L. L. Smith. (P. bonds ; Bank-State Street Trust Co., Mu¬ son, July 1 from 1958 to 1977 in¬ The ter, County Auditor, will receive sealed bids until 1 p.m. (CDST) on July 10 for the purchase of 135, LOUISIANA clusive. County (P. O. Indianapolis), Ind. school bonds offered p. 2720—were revenue 40—v. Allen Due 1977 inclusive. on Offering—E. July 75,000 park improvement bonds. Due on July 1 from 1958 to Marion Bond sewer bonds. 1 from 1958 to Due Allen E. — general $1,000,000 Indianapolis), Ind. , building Co., of 100.46, 3.84%. price Sale—The $350,000 Bond sealed receive will Clerk, City 1958. a group composed of Harriman Ripley & Cq., Inc.,, Kidder, Peabody & Co., W. E. Hutton & Co., and Weeden & Calcasieu Offering—Howard Payne, Bond 180,000 Wilmington. Due 2.92%. of about regality Kansas ows: Marion April City George Co., Sahner offering above The — awarded to Bankers Bond Baum & Co , Co., Lucas, Eisen & vVaeckerle, Luce, Thompson & Crowe, and Barret, Fitch, North k Co., as follows: k Chicago. Chapman & Cutler, of Co., joth basis July 24, . ... June com¬ a * City, or at the Owensboro, Ky. group Beverly, Mass. $85,000 Sale—Tne • for the purchase of 7 $1,763,000 ; Chicopee, Mass. bonds, as follows: >*' Citizens Fi¬ Bond Sale—The $600,000 school delity Bank & Trust Company, of project bonds offered June 13— $1,500,000 water bonds. Due on Louisville. Legality approved by v. July 1 from 1958 to 1982 in¬ 185, p. 2720—were awarded to York National Bank & Commerce Trust Co., Kansas City, Stern Bros. posed Trust Jan. on interest system bonds o£185, p. 2719— a 1958. 3.600,000 Revere. Due ;f;: 1958. ; ; v project bonds offered June 12—v. 185, p. 2720—were awarded to Townsend, Dabney & Tyson, of Boston, as 3s, at a price of 100.33, 23. 10—v. awarded inclusive. 1988 1, 1966. Principal and (M-N) payable at the Bankers Trust Company, of New after Nov. to sewer June vere a.m. sealed 1, 1956. Due on Nov. 1 from 1978 to 1996 inclusive. Callable on or Bond April 24, 314,000 Chicopee. Due MASSACHUSETTS June 25 $8,000,000 Chelsea. Due July 24, 1958. Commerce, of Portland. on originally was scheduled for Indian Creek No. 1 1.958. payable at the National Bank Legal¬ ity approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. of ^ 24, ^ 1,650,000 est bonds. Dated Nov. revenue Note The $1,055,384.07 — ered Note ceive Republic Co. 1958 to Principal and inter¬ 1957. Due on July 1 from 1977 inclusive. Counties of purchase (P. O. Olathe), Kansas Bond 1 from Carter announces (CST) a.m. the sewer Sub-District Sewer 10 until KANSAS 1958. Dated July 1, bonds. V,Due July Peabody. 1,013,006 Belmont. Due July 24, H. sealed bids will be received that 2608—were awarded to composed of Shaw, McDermott & Co., First of Iowa chase \-\;v 1958. 337,000 George — 24, 2,321,000 Lawrence. Due July 24, on June 20 for the pur¬ of $815,000 permanent im¬ provement (P. O. Louisville), Ky. Offering — Secretary- p. Johnson County, 1959 arid Bond June 11— — Anderson, City Treasurer, will re¬ ceive sealed bids until noon -:v ■; Treasurer M. H. IOWA and Central price of 103.00, about 5.03%, a Offering Due April 7;-& 1958. MAINE Bond , Ipswich. 180,000 Portland, Me. A. Metropolitan Sewer District group Corp., at Louisville and Jefferson Indianapolis 185, p. 2147 v. v Fitchburg. Due Oct. 23, 1958. , 7^ (DST) > — 4- . ■ , .. 1958. 400,000 rejected. were Charles to 89,000 5y4s. Due on Dec. 1961 to 1982 inclusive. Township School District 185, v. i (CDST) 1960. Corp., and Raffens- building bonds offered offered June 6 V 1958. of various bonds the for follows: as 400,000 Boston. Due July 24,1958. 200,000 Falmouth. Due April 24 All bids re¬ — State-aided Proj¬ $1,068,000 Attleboro. Due July 24, The $95,000 gen¬ $6,000 5s. Due on Dec. 1, (P. O. Council Bluffs), Iowa Bond Sale—The $165,000 school Columbus, Ind. Bond > 447,000 school districts totaling $1,910,000 Cincinnati. follows: for Lewis ceived Sold Tremont St.,; Boston, (DST) on June' 19 for in the amount of $12,- notes ect (P. O. Abbeville), La. Not of 120 noon the purchase of ap¬ 185, p. 2720. v. — Bonas net interest cost of as 3.49%. g INDIANA . 185, p. 2608 to Charles A. report in our the v. — — Hinsch & Co., Hughes & Co., as 3Y2s, at price of 100.03, a basis of about > 6 awarded were perger, a office the Vermilion Parish School Districts bonds hospital obligation hospital bonds of¬ fered June 5 — v. 185, p. 2608 — a Corp., 3otid & Share below will receive sealed supple¬ issue of The foregoing — ments eral American Fletcher National Bank & Trust Co., City Securities Note Securi¬ Irvine, Ky. Bank, itate were — Authorities named bids at the State Housing of the Housing proved by Chapman & Cutler, of Chicago. June 10 awarded Sale Bond offered May 1—v. awarded to a composed of Speedway /roup p. Hinsch & Co., of 1934—were . _ June were — building bonds Interest bidder. bonds. Dated ' p. 185, obligation eral offered Wayne Township School Township (P. O. Indianapolis), Ind. Bond Sale—The $300,000 school 185, (P. O. Boston), Mass, — The Chairman until Legality MJ Note Offering in¬ (F-A) payable at the Town office. ; Authorities Massachusetts Housing Board, Estill County (P. O. Irvine), Ky. Bond Sale — The $90,000 gen¬ payable (J-J) Dodge, of Boston. G. Bruno, on August 1 from 1958 to 1982 inclusive. Callable on Treasurer's by be Legality approved Storey, Thorndike, Palmer Due 1957. 1, above-mentioned the at Bank. will, receive sealed bids until 3 p.m. (CST) on June 17 for the purchase of $55,000 water works bonds. Dated August ties Corporation. at the Indiana National Bank, Indianap¬ olis. Legality approved by Ross. McCord, Ice & Miller, of Indian¬ (CDST) on June of $260,000 proved by Chapman' & Cutler, of Chicago, . v. offered bonds 2608 revenue — awarded to the Equitable thereafter are callable July 1, 1963. Principal and interest 1, 1957. Due on Jan. 1 from 1959 to 3975 inclusive. Principal and successful June 4 in 1964 and bonds. Dated June (J-J) payable at a bank¬ ing institution designated by the, building Township, Hendricks July 1, 1957. Due on Jan. 1 from 1960 to 1987 inclusive. Bonds due purchase sewer of Trustees. revenue mortgage able Clerk, 1 Aug. dated are Principal and interest pay¬ 1957. August 1, 1967. Principal arid Danville, Ky. Bond Sale—The $200,000 school Offering—Claude Hughes, President, will receive sealed bids until 2 p. m.(CDST) on June 25 for the purchase of $715,000 first III. / bonds The terest Bond of & Thompson * 1 KENTUCKY Sch. Building Corporation (P. O. R. R. No. 1, Avon), Ind. as Armory Luce, to Company. Principal and payable at the Washington Interest J-J. Bond Offering—Barnara sold was County Illinois Bond Offering Guard National 1977 inclusive. D. Joseph, La. Bond Ohering—Mary inclusive. 1978 interest (J-J) office of the Board (P. O. Waterloo), $59,000 bonds Bond Sale—An issue of a.m. (CDST) on June 20 for the pur¬ $650,000 general hospital improvement bonds. Dated June 1, 1957. Due on Jan. 1 from 1959 to St. Town * Neodesha, Kan." chase of proved by Chapman & Cutler, of Chicago.' Monroe County 10 W. Co., & Feibleman J. Kingston & Co., Steiner, Rouse & Co., Weil Investment Co., Wheeler & Woolfolk, Inc., and Rapides Bank & Trust Co., of Alexandria. , " will re¬ Vey, Executive Director, sealed bids until ceive Treasurer's office. Le¬ gality approved by Stinson, Mag, Thomson, McEvers & Fizzell, of Kansas City.c and Hospital Corp. of Marion County (P.O. Marion), Ind. Bond Offering — Denton J. Mc- July 1, 1957. Due on Dec. 1 from 1958 to 1976 inclusive. Principal and at the State ' T. (F-A) payable cipal and interest The Health 1 from inclusive. from 1969 to 1976 from 1958 to offered June 12 provement bonds 185, p. 2719. —v. 1,1957. Due on Aug. 1 1977 inclusive. Prin¬ Dated July $2,105,000 elec¬ refunding and im¬ utility tric of price Sold—No bids were Bonds Not submitted for the 500,000 Junior High School bonds. Due on Aug. 1 from 1958 to Nusloch, Baudean & Smith, Schweickhardt & Co., John Dane. jointly. sas, Co., of Kan¬ First Securities Company Rushville, Ind. man, payable at a banking institution designated by the successful bid¬ der. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. National Bank of Boston, 28 State - St., Boston, until noon (DST) June 19 for the purchase on of $1,145,000 bonds, as follows:' $645,000 school project bohds. Due on Aug. 1 from 1958 to 1977 inclusive. \ ..Battle Creek, Mich. Bond . Offering — Joseph , M. Boos,: City Clerk, will receive sealed bids until 3 p.m. (EST) on July 1 for the purchase of $2,000,t 000 water and sewer revenue Volume 185 Number 5647 . . The Commercial and Financial Chronicle . (2857) bonds. on Dated April 1, 1957. July l from 1959 to clusive. Bonds thereafter are due in Due until 8 p.m. in¬ 1980 1963 the purchase and ticipation callable as of July 1962. Principal and interest (J-J) payable at the Security Na¬ tional Bank, of Battle Creek, or 1957. the Chemical Due Bond Exchange Bank, of New York City. Legality approved by - Miller, Carifield, >>• -:o 7. — tem revenue bonds offered June 5—ry. 1,85, p.-2500—were awarded $235,000 4^4s. Due 1959 to - & Co., as V / < July 1 from I on on Bond July 1, 1986 will receive (EST) to on Dearborn Township (P. O. Offering R. — J. highway fund bonds. March 1, 1957. Due Bond (CDST) 1 chase Prin¬ Sewer approved by Miller, Canfield, Paddock & Stone, of Detroit. Sanitary 52 bonds. Dated May 1; 1957. Due on May 1 from 1958 to 1965 inclusive. Bonds due in 1959 and thereafter callable of as Nov. 1, /w • Note Offering ceive sealed (EST) on bids until 7 Detroit), Mich. $25,000 tax anticipation notes. Dated June 1, 1957. Due on March 1, 1958. Principal and interest „ $7,500,000 tax payable at the National Bank of Detroit. ' ' ' anticipation notes offered June 11 —v. 185, p. 2720—were awardec to • ; the & group composed of Bank Commonwealth, Detroit Trust Co., of Bond Bank bids until 7:30 p.m. (EST) on June 17 for the purchase of anc. Detroit,1 all of Detroit, at 2%% interest. \ Eraser Public Due G. F. notes. Due April Frederic Dated June 1, 1958. 1959 to Michigan Bond 1 * - • ' - < V Sylvester A. —r- Secretary v and Clerk of County Road Com¬ will receive sealed missioners, bids until 27 for 11 a.m. (EST) on June purchase of $6,550,000 the Airport Revenue (Detroit-Wayne Major Airport) bonds. Dated July payable of 1, 1957. Due 1993 Dec. on inclusive. Dec. gality 1 from Bonds 1972 and thereafter are 1961 due callable in approved by Miller, Canfield, Paddock & Stone, of Detroit. District, Bond Sale Offering—Gerald R. Lamp- ipal bonds hear, Treasurer of the Board of Education, will receive sealed bids 185, p. until 8 p.m. (EST) onf June 18 for the purchase of $95,000 tax antici¬ pation notes. Due Jan. Huron Dated June — — June were 4 — awarded v. to the Belview State Bank, at a price of par. Bloomington, Minn. 1, 1957. 30, 1958*'. 4 (P.O. 640 Hickory Street, Milford), Mich. Note Sale The $70,000 tax anticipation notes offered June 6 certificates of indebtedness offered June 3 185, p. 2500 — were Piper, Jaffray & Hopwood, of Minneapolis. — v. interest y- v. 185, p. 2609 — were awarded to the Michigan National Bank, of Flint, at 3.50% interest. Kalkaska County (P. O. Kalkaska), Michigan Offering—Inzie M. Fudge, County Clerk, will receive sealed bids until 11 20 for road the notes. a.m. (EST) purchase Dated Bond of Aug. on June $40,000 1, 1957. Due on Aug. 1 from 1958 to 1962 inclusive. Lakeview Public Schools District (P. O. St. Clair Shores), Mich. Note Offering — Joseph C. Skues, Secretary of the Board of Education, will receive sealed bids Goodhue Egan, Sale—The $430,000 sewer Inc., at a as price of 1C0.0C6, 4.15%, 3%s. Due from 1959 to 130,000 4s. 1965 120,000 from The terest to to Due 1970 4.10s. 1971 bonds of July 1, 1958. 1 and on Jan. on 1 from Counties bids until 2 p.m. (CDST) on June for the purchase of 20 $150,000 Dated May 1, 1957. from 1960 to 1984 Bonds due in 1978 and Feb. on thereafter 1, 1 callable are of Feb. as • Jan. additional Principal and interest a banking institution designated by the successful bid¬ der. Legality approved by Dorsey, Owen, Barker, Scott & Barber, of at June 10 Hennepin County Independent Sch. Meadowbrook), Minnesota Bond Sale — The building v. — awarded to 185, a J. Prescott & No. Bond — July 1, 1957 Offering chase on Due June until 18 R. for 8 the re¬ p.m. as MISSISSIPPI Jackson (CST) for Principal payable at 11 the $500,000 public hos¬ Dated July 1, 1957. July 1 from 1958 inclusive. to and 1977 interest place designated by the purchaser, subject to approval by the Board of Supervisors. Le¬ gality a approved by Charles Note The — offered May 28 — v. foregoing bonds unsuccessfully 185, p. 2381. on Ciprk, bids until for 2 the — will p.m. G. Y. Jackson, receive (CST) purchase of sealed on June $130,00C natural gas system revenue bonds Offering — Maryetta system Bond Offering — Vincent E. Klein, Village Clerk, will receive bids 18 until 8 for the p.m. (CDST) E purchase of are Kansas City. B. greitens, City CierK, will 1* Trustees, sealed- bids June on of until 19 $24,000 ' for 2 the building County School District (P. O. Butte), Mont. 1 Bond Sale The $2,459,380 building bonds offered v. 185, p. 2501 were 10 — — — awarded to a group headed by Northern Trust Co., Chicago, the as follows: $614,845 6s. 1958 to Due on 1963 1,475,380 from July 1 from 1962 inclusive. 368,907 4y2s, Due to 1965 414s. 1966 on July 1 from inclusive. Due to on July 1 1977 inclusive. Other members of the syndicate: Halsey, Stuart & Co., Inc., Blyth & Co., Inc., Harriman Ripley & Co., Inc., John Nuveen & Co., Blair & Co., Braun, Bosworth & Co., Inc., Foster & R. S. Dickson & Co., Brothers & Co., Boettcher Marshall, Stern and Co.,; Bosworth, Sullivan 8c Co., Inc., J. M. Dain & Co., Inc., Piper, Jaffray & Hopwood, Alli¬ Company of Chicago, Edward Burton and and & L. Co., Continental Bank Trust Co., of Salt Lake City, Frantz, Hutchinson NEW & Co. Brockre».c.vc HAMPSHIRE Goffstown, N. H. Bond Offering—Janet C. Poore, Treasurer, will receive sealed bids at the Merchants Na¬ tional Bank of Boston, chase Boston, on of June 28 until 11 a.m. the pur¬ 20 $260,000 1957. Dated July 1, 1 from, 1958 St. Charles, Mo. Offering—F. July revenue callable as of July 1, Principal and interest (J-J) oayable at a banking institutior' Bond of Board of (MST) school June bonds. Dated July 1, 1957. Due on July 1 from 1960 to 1977 inclu¬ sive. Bonds due in 1973 and there¬ if : — Street, (DST) 1957. Im- as fol- bonds. Dated June 15 1957. Am. > ortization bonds ....m be ill will the first choice and serial bonds will be the second choice of the School Board. Interest J-D. designated by the successful bid¬ der. Legality approved by Stinson Mag, Thomson, McEvers & Fizzell 1, Commission, dated are receive purchase Town Julv of Dis¬ (Pi O, Brady), Mont. Offering — Albert Stor- dahl, Clerk will p.m.. 1972. Dated (MST) purchase E. White, City Clerk, will receive sealed bids until 10 a.m. (CST) or June 19 for the purchase of sewerage p.m. son-Williams Co., Kalman & Co., Shaughnessy & Co., Inc., Harold Wood & Co.,1'First Securities MISSOURI Carthage, Mo. Bond 4 William Shannon, Miss. Bond Ohering 8 the Assessment Interest J-J, Bond & Trauernicht, of St. Louis. were for B. receive Pondera County School District No. Everett, until 18 17 Special bonds No. Supervisors, bids June on purchase of pital bonds. on of sealed * Willard' — until Silver Bow County (P. O. Pascagoula), Miss. receive -. u trict No. 310 bonds. Dated June 15, 1957. after Dec. 31 from 1958 to 1962 June in callable N. C. June on pur¬ Mahtomedi, Minn. sealed due neapolis. — bids $85,000 $250,000 Jan. 1, 1972. Interest J-J. Leealitv approved gality anoroved bv Dorsey, Owen. by Dorsev. Owen, Barker,1 Scqtt & Barber, of Min¬ Bond Offering Clerk of Board Offering ; sealed $8,000 certificates of in¬ of on bids are , Carlson, City Clerk, will 1957. June on Bonds 1973 and thereafter a.m. Bond 2381, p. 150,000 District No. 205 bonds. Dated July 1 from 1960 Jan. on inclusive. •••-.; i'.v"-'"/-- Havre,^Mont. .. ' The of 000 D. — Sandstrom, Village Clerk, will sealed 1984 ; v foregoing — • building bonds. 1, 1957. Due ■ The — bonds offered unsuccessfully on June 6 v. 185,, (P. O. Monticello), Minnesota $155,- Ironton, Minn. Certificate on school will Note $212,000 District No. 202 bonds. 115,000 District No. 204 bonds. Offering—Perry Walters, were 5s and as '• f0™ent District bonds, ol 2721. p. bids until 8 p.m. (CDST) for the purchase of group headed by E. Company, ment bonds. ' Purchase of $517,000 Special suner issue our 24 18 Chinook, Mont. Offering — Ruth H. Riley, City Clerk> will receive sealed bids until July 9 for the purchase of $270,000 water system improve¬ Bond sealed bids until 7:30 (M$T) on June 24 for .the District Clerk, will receive sealed Due (MST) July 2 for the purchase oil $30,000 school bonds. Dated July 1, 1957. ?/J >. w offered 2500 p. in receive p.m: wil* receive 1 from foreeoine 185, v. 141 $650,000 high bonds 4%s. ceive The report — will 2 City Jan.' on until Helena, Mont. Bond Offering—Nina M. Settles, Clerk of the Jan. 1 from on Wright and Sherburne Counties Joint Indep. Consol. Sch. Dist. to Chairman, bids about 1972 inclusive. — the TWin Dist. No. 89 (P. O. 1 in¬ Note sedes 1968. payable inclusive. 1978 inclusive. from Wabasha of 1973 to 1978 inclusive. bank¬ Minnesota Bond Offering — Arthur Eppen, debtedness. inclusive. bear l1/-% Jan. 1964 inclusive. Due to on a District Clerk, will receive sealed (CDST) follows: $180,000 at Goodhue), Co., and Mannheimer- net interest cost of about a payable Call¬ Principal Joint Independ. Consol. Sch. Dists. Nos. 5 and 5l/z (P. O. June 4 improvement bonds of¬ fered in May were awarded to a group composed of John Nuveen & Co.; Allan Blair & Co.; Harold , Minn. and water E. Wood & Note Aug. 1, 1971. & • Hopwood, anc Co., at a price of 105,000 4.70s. Due of ing institution designated by the successful bidder. Legality ap¬ proved by Faegre & Benson, of Minneapolis. school — Center, purchase • Juran cost ^ County Sch. District No. 13 (P. O. Toston), Mont, Bond Offering — Lawrence P. were follows: as 1960 to (CDST) p.m. from 1960 td 1987 inclusive. awarded to Brooklyn the Minneapolis. Certificate of Sale—^The $44,000 Valley School District No. 2 for • and a & $145,000 4.30s. Due > school inclusive. The $8,000 munic¬ offered 2609 until 25 of interest net a 4.53%, ap¬ building bonds. Belview, Minn. Michigan Note Legality plant improve¬ ment and equipment bonds. Dated Aug.; 1, 1957. Due on Aug. 1 as MINNESOTA School par, p.m. callable are J affray E. J. Prescott & Offering—Agnes O. Rad¬ District Clerk, will receive of at — group * composed Briggs, Gilbert, Morton, as Prin¬ Moody, Inc., American National Bank, of St. Paul, Allison-Wil¬ liams Co., Kalman & Co., -Inc., Bond Due Woods a MONTANA Broadwater — Piper, 7:30 • — 185, Scott Kyle & Macartney,, of St. Paul. 1, 1968. Interest J-D. Le¬ • 'Harper until bidder. able $825,001 interest payable inclusive, on The $250,000 hos¬ bonds offered June 3 v. p. 2500 were awarded to pital Principal and interest (J-J) payable at a bank¬ ing institution designated by the $310,000 ' the Board of to Legality approved by Miller, Canfield, Paddock & Stone, of De- Offering Noetzel, sive. Bonds due in 1963 and there¬ after are callable as of July 1, 1.962. Principal and interest der. Clerk, bids in 1969 and thereafter as of Jan. 1, 1968. bids of 1977 "r ? °* • ^k°ul?« » 1 Molitor, June on Watertown, Minn. on June and Bond Sale July 1, 1957, Due on Jan. 1 from 1959 to 1978 inclusive. Bonds due sealed „„ to by the successful bidder. Legal-" ity approved by Charles & Trau- • , Maki banking institution designated by Legality ap¬ Owen, Barker, j Scott & Barber, of Minneapolis. Clyde J. will re¬ — 1958 sealed j sealed the successful bidder. proved by Dorsey, callable are ius, ., June 20 for cipal June 25 for the pur¬ chase of $900,000 general obliga¬ tion Sanitary Sewer System Im¬ provement No. ,1 bonds. Dated on n/r (CDST) purchase 1936 Wayne County (P. O. Detroit), 'Michigan ' ^ Offering — Harold John¬ son, Secretary; of the Board of Education, will receive sealed bids (J-J) at a banking institution designated by the successful bid¬ (CDST) i general obligation school building and improvement bonds. Dated June 30, 1957. Due on Dec. 31 from 1958 to 1967 Freeborn County Indep. Sch. Dist. No. 44 (P. O. Emmons), Minn. -1;'*1957.! Detroit. $100,000 school bonds. Dated July 1, 1957. Due on July 1 from 1958 to 1974 inclu¬ Village sealed proved by m on Stewart, r jack receive due designated by the successful bid¬ der. Legality approved by Miller, Canfield, Paddock & Stone, of Bond troit. from inclusive, Bonds Bond Offering ceive • offerm(j inclusive. Feb. 1 from on a .". bids until 7 p.m. 17 for the p.m. Callable as of Oct. 1, 1969. Principal and interest (A-O) payable at a banking institution Community Sch. District, until 8 p.m. (EST) the purchase of 1 sf tv District Clerk, will 9 the. pur¬ i Stll Louis County Indep. Sch. Dist. No. 85 (P. O. Biwabik), Minn. Falcon Heights, Minn. successful inclusive. Wilsher, the Board of Educa¬ tion, will receive sealed bids until 4 p.m. (EST) on June 17 for the purchase of $40,000 tax anticipa¬ tion Oct. on for Dorsey, Owen, Barker, Barber, of Minneapolis. supply water system bonds. Dated April 1, 1957. Schools District (P. O. Eraser), Mich. ^Secretary of' obligation 18 8 from Principal and interest payable at a banking institution designated offered^ May . 1986 $700,000 general '' f Note Offering Offering—Ira D. Wagner, Clerk, will j receive sealed City Manufacturers Na¬ tional Bank, Michigan Bank, National Bank, of t, /- St. Joseph, Mich. • a & p.m. of (P. O. by re¬ June 17 for the purchase June on until $75,000 water works bonds. Dated Aug. 1, 1957. Due on Feb. 1 28—v. 185, p. 2500—were awaraed to Allison-Williams Co. Principal and interest payable at a banking in¬ stitution t designated by the suc¬ cessful bidder.Legality approved James E. Har¬ — rison, District Secretary, will troit. Sale—The ' " Independent in 1977 and, thereafter as of Feb. 1, 1968. Royal Oak Township, George Washington Carver School District No. 1 (P. O. 21300 Mendota Road, Royal Oak), Mich. 1958. Principal and interest (M-N) pay¬ a banking institution des¬ ignated by the successful bidder. Legality approved by Miller, Canfield, Paddock & Stone, of De¬ v; Note «. 61 sealed bids until 7:30 p.m. (CST) on July, 9for the purchase of , 1971. Mountain Lake, Mipn^\ Bond Sale—The $250,000^ewey improvement bonds i » of 1959 to j . bids May 1, 1957. Due a - able at Detroit Board of Education . $400,000 general obliga¬ school building bonds. Dated tion cipal and interest at Joint ceive ' sealed (M-S) payable banking institution designated by the successful bidder. Legality are ! well 15, Offering — Dr. Dan S. District Clerk, will re¬ Penner, sealed bids until 8 p.m. (EST) on June 25 for the purchase of $30,000 Special Assessment and v . . Consolidated School District No. (P. O. Mountain Lake), Minn. Dated March on from 1958 to 1967 inclusive. Counties wan Miles, vehicle Inkster), Mich. Offering — W. H. Thorne, Township Clerk, will receive 51 inclusive, i m obligation Interest J-J. Bond $180,000 motor Bond Nos. 1973 Clearbrook, Minn. City Clerk, will receive sealed bids until 8 p.m. (EST) on June 17 for the purchase of and 1987.-- Districts 8 (CDST) on June 17 for tl>e purchase of $35,000 school build¬ ing bonds. Due on Oct. 1 from 1959 W. Muskegon Heights, Mich.. 5 1985 inclusive. 30,000 4V2s. Due v until general and Sale r-- The improvement bonds. Dated $30,000 water June 1, 1957. Due on Oct. 1 from improvement bonds offered June 5—v. 185, p. 2500—were 1958 to 1962 inclusive. awarded Principal to the. First National and interest Bank, of (A-O) payable at the Pipestone, and the Citizens State City Treasurer's office. Legality approved by Miller,. Canfield, Pad¬ Bank, of Arlington. dock & Stone, of ,Petroit. Cottonwood, Jackson and Waton- - . $100,000 water main extension bonds Dated July 15, 1957. Due on July 15 from 1960 to 1982 inclusive. Bonds due in 1972 and thereafter are callable as of July p.m. Kenneth Clerk, School Clerk of the Board of will receive sealed bids sewer . t / City Independent Opheim, Education, sanitary ;5, Jter*6wer, MacArthur 13, May 1, 1958. — County Dist. No. 5 (P. O. Walker), Minn. Bond Offering—Oliver an¬ June staled bids until 5 p.m. Brighton, :Jnich. > Bond Sale The $265,000 water supply and sewage disposal sys¬ follows: Dated Cass June 26 for the purchase of $288,000 special assessment ,, to $100,000 tax Offering Lybolt, ' ■ June 17 for on Midland, Mich. Corn Paddock & Stone, of Detroit. of notes. 1, at (EST) for sewer Due State bonds. on July inclusive. Principal and interest payaole at the above-mentioned Bank, or at to 1977 Financial The Commercial and 62 . Trust Co., Man¬ Legality approved by Amoskeag the chester. Gray, Hopes, Coolidge Best, Hugg, of Boston. & School District, Lake Woodcliff $195,000 fire house bonds offered 2610—were re¬ Jersey New ; * Offering Lacey Township Sch. Diet. <(P. O. Forked River), N. J. Bond Offering—Arthur G. Dobinson, Sr., Secretary of the of Education, will receive (DST) on June 27 for the purchase of $100,000 school bonds. Dated Feb. 1, 1957. Due on Feb. 1 from 1958 to 1967 inclusive. Principal and interest bids until offered June 6 bonds price sealed until bids noon (DST)' on June 24 for the pur¬ chase of $175,000 general obliga¬ tion and revenue water bonds. School District, Edenton Local County Offering Bond ' July —;Lt; Robert Clerk Board of Dated July 1, 1957. Due on July to 1987 inclusive. 1958 from 1 Principal and interest (J-J) pay¬ able at the Farmers & Merchants National Bank of Matawan. Le¬ received Offering — Omar Edu¬ bids p.m. (EDST) on June 24 for the purchase of $190,000 school "building bonds. Dated April 1, Bond Sale (1) All maturities in through 1973; the years 2610 National Jamestown, as 3%s. Chautauqua All maturities in the years 1988; (2) 1974 through on All maturities in 1997; (3) (4) The entire issue. (A-O) payable at the Elmer Trust Company, Elmer. Legality terest new ' ' . Offering Bond — Kathryn J. (P.O. 44 Main Street, Phila¬ delphia), N. Y. Bond Offering — Harold D. No. Phillips, Secretary of the Board of Education, will receive sealed bids until 8 p.m. (DST) on June 25 for the purchase of $400,000 school bonds. Dated July 1, 1956. Due on July 1 from 1958 to 1972 inclusive. Principal and interest (J-J) payable at the Peoples Na'tional Bank of Keyport. Legality 1 June 19 for the pur¬ $2,100,000 school bonds. (EDST) on of Dated June inclusive. 1986 to approved & Company, by Hawkins, Delafield Wood, of New York City. Kenneth urer that Spotswood, N. J. Offering—Borough Treas¬ the Berry at the announces of Commissioners Board will receive sealed bids until 7:45 of New York City, or., ity approved by Sykes, Heckler & New York City. (EDST) on June 20 for the Brookhaven No. 33 (P. cipal and interest (M-N) payable at the First National Bank of River. South Legality approved by Caldwell, Marshall, Trimble & Bond Offering — Charles Seng- stack, Secretary of Board of Edu¬ receive sealed bids (EDST) on June 20 for the purchase of $147,000 school bonds. Dated Feb. 1, 1956. Due on Feb. 1 from 1958 to 1972 inclusive. cation, will until 8:15 p.m. Principal and interest (F-A) pay¬ able at the First National Bank of South River. Legality approved Trimble & Mitchell, of New York City. by Caldwell, Marshall, Woodbury Heights, N. J. Bond Offering — - Thomas S. Fean, Borough Clerk, will receive sealed bids until 8 p.m. (DST) on June 26 000 for the purchase of $94,- sewer bonds. 1957. Due on June Dated June 1, 1 from 1958 to Principal and in¬ payable at the :Farraers and Mechanics National Bank, Woodbury. Legality ap¬ 1976 inclusive. (J-D) terest Free Sch. Dist. New York — Carrie Husak, receive sealed bids until 2 p.m. (EDST) on June 18 for the purchase of $499,000 school building bonds. Dated June District Clerk, will to Spotswood School District, N. J. Union O. Center Moriches), Offering Bond on June 1 from inclusive. Principal Due 1, 1957. Mitchell, of New York City. Legal¬ Vandewater, Galloway, of Company, in Evans Mills. purchase of $200,000 water bonds. Dated May 1, 1957. Due on May 1 from 1958 to 1987 inclusive. Prin¬ p.m. Trust Northern New York 1987 1958 and (J-D) payable at the Se¬ curity National Bank of Hunt¬ ington, in Center Moriches. Le¬ gality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. * interest Conklin, Binghamton, Kirkwood & Vestal Central School District No.l (P. O. M.R. 95, Binghamton), N. Y. Bond Thomas, ceive District sealed (EDST) chase Offering on — Florence will Clerk, bids until 2 inclusive., 1966 to Kingston Trust Co., approved by Vandewater, ; Sykes, Heckler & Galloway, of New York City. Kingston. 1 H. re¬ p.m. June 20 for the pur¬ Legality Cleveland. ; < E. *; — W. 100.32, a — Clerk of Board of E; Easter receive - Secretary of Local Govern¬ ment Commission, will receive sealed bids at his office in ling, sealed . price from 1958 to 1986 inclusive. of -//■/■ 1 about 3.75%, ;/./// _ Due semi-annually 1959, inclusive. • Ohib price of 100.0049, a ; * - ; 14,455,000 3%s. Due on March 15 : and Sept. 15 from 1961 to 1967 inclusive. / l, ; 10,325,000 3.60s. Due on March 15 and Sept. 15 from 1968 to 1972 inclusive. Z• _ thoseassociated with the managers in the offering are: Braun, Bosworth & Co. Incorpo¬ rated; Drexel & Co.; The First Boston Corporation; Glore, Forgan & Co.; Goldman, Sachs & Co,; Among noon on Due on Dec. 1 from 1958 to 1977 11 a.m. (EST) on inclusive. Principal and interest Harriman Ripley & Co., Incorpor purchase of $150,rated; Kidder, Peabody & : Co.; (J-D) payable at the First Na¬ 000 school building bonds. Dated: tional Bank of Akron, in Hudson.' Kuhn, Loeb & Co.; McDonald & June 1, 1957. Due on June 1 from Company; Merrill Lynch, Pierce, 1959 to 1977 inclusive. Principal Huntington Local School District Fenner & Beane; Phelps, Fenn & and interest (J-D) payable at the (P. O. R. F. D. No. 7, Co. Chillicothe), Ohio Guaranty Trust Company, of New i? Smith, Barney & ' Co.; White, York City. Legality approved by / Bond Offering — Carroll Lock- Weld & Co.; A. C. AUvn and ComReed, Hoyt, Taylor & Washburn, ard, Clerk of the Board of Educa¬ nanv, Incorporated: Bear, Stearns of New York City. .s tion, will receive sealed bids until & Co.; A. G. Becker & Co/ Incor¬ noon (EST) on June 20 for the porated; Blair & Co. Incorporated; ; ohio .purchase of $93,500 school build¬ Alex: Brown & Sons; R. S. Dick¬ Brooklyn City Sch. District (P. O. ing bonds. > Dated June 1, 1957. son & Co., Inc. // 9200 Biddulph Road), Ohio Due on Dec. 1 from 1958 to 1976 Equitable Securities Corpora¬ Principal and interest tion; Hornblower & Weeks; John Bond Offering—Joyce .Hudson,t inclusive. Raleigh until June 18 for the ' ' * t . Clerk of the , Board of Education, • payable at the First Na¬ Chillicothe. Legal¬ (J-D) Nuveen & Co.; R. W. Pressprich will receive sealed bids until noon tional Bank of & June 26 for the pur¬ chase of $650,000 building bonds. Dated June 1, 1957. Due on Dec. 1 from 1958 to 1979 inclusive. ity approved by Bricker, Marburger, Evatt & Barton, - of Shields & Company; Stone & Web¬ Columbus. Witter & Co. (DST) on Principal and interest payable at the Cleveland Trust Co., Cleve¬ land. Legality Squire, Sanders approved by & Dempsey, of Cleveland. Clarksville-Vernon Local Sch. Dist. '' Huntington Local School - District * (P. O. R. F. D. No. 7, Chillicothe), Ohio Bond Offering — Carroll Lock- ard, Clerk of Board of Education, will receive sealed bids until noon June 20 for the pur¬ school building 1, 1957. Due Bond Offering—Everett Harvey, Principal and interest (M-N) pay¬ on Dec. 1 from 1958 to 1976 in¬ able at the Marine Midland Trust Clerk of Board of Education, will clusive. Principal and interest Company of Southern New York, receive sealed bids until noon Binghamton, or at the Marine (EST) on June 27 for the pur¬ (J-D) payable at the First Na¬ tional Bank, of Chillicothe. Legale Midland Trust Company, of New chase of $72,000 building bonds. approved by Bricker, MarYork City. Legality approved bv Dated June 15, 1957. Due on Dec. ity Hawkins, Delafield & Wood, of 15 from 1958 to 1979 inclusive. burger, Evatt & Barton, of Co¬ lumbus. Principal and interest (J-D) payNew York City. 1 Bros., 2,065,000 5s. Due on March 15 and Sept. 15, 1960. . y// P. until were ' Cart- J. Foltz, Education, will bids — Sept. 15, 1957 to Sept. 15, from June 27 for the pur¬ chase of $500,000 school improve¬ ment bonds. Dated June 1, 1957. (EDST) a cost $5,155,000 6s.- . — 2383 Inc., and the Co., interest follows: as School District (P.O. Offering p. syndicate headed by a Company, at 3, Bond & Ingen 1501 Prospect Road, Hudson), Ohio ; D. 185, v. Blyth & Co., Inc., Lehman bonds 185, p. 2502 of) .1. ' $32,000,000 Ma¬ Halsey, Stuart & Co. Inc., B. J. Van basis of about 3.69%. Hudson Local — awarded to Ohio Sweney to 12 June net wright & Co., as 3%s, at a of of $3,390,000 school bonds. Dated May 1, 1957. Due on May v. — awarded Ohio (State Revenue 1967 incl. street assessment special were (P. O. Trenton), Offering ± Thoroughfare Construction bonds, series F, offered jor $50,639.83 The ' Bond Sale—The ' — offered June 6 North Carolina Bond Sale Bond carolina north Jones County - V; "j r* Z ' Offering Bond the pur-1 1958 to from Grandview Heights, R. 1, 1957. Due on June 1958 from the at Principal and interest (M-N) pay- District Clerk, will re¬ bids until 3 p.m. chase p.m. June 27 1957 from able sealed ceive 1 Dated v'-v'r":;, District, Ohio 4 v/i. ; by Peck, Exempted Village School Mentor ■ Principal and interest (J-D) pay¬ able at the Marine Midland Trust Bond pany, for the pur¬ of $60,200 school bonds. May 1, 1957. Due on Nov.; chase 1, Cincinnati.' Shatter & Williams, of s Principal and interest (J-D) pay¬ able at the Cleveland Trust Com¬ will re¬ sealed 1 Shepard, 'office. Legality approved $2,500 sanitary sewerDated June 1, 1957. Due Dec. on (DST) on dated; June are t Principal and interest pay¬ the County ' Treasurer's at able of bonds. District until ( 2 bids . , Georgia — dn June 22 for (EST) ceive by Hawkins, Delafield Antwerp, Theresa, LeRay, Philadel¬ Wood, of New York City. •/••/ phia, Pamelia, Alexandria, Orleand -">.'> 'i; Raritan Township Sch. Dist., N. J. and Rossie Central School District 'approved bonds The 1957. Naughton, Village Clerk, will re¬ ceive sealed bids until noon of chase Clerk, District Wanzor, <& ' 185, p. to the Offering Z- x helma W. Bond - york Offering Bond (P. O. Lake Katrine), N. Y. No. 4 Grand River, Ohio «'■' Bank, Union- Free• School Ulster the years 1989 through h , v. — awarded were — Y. The $40,000 water — bonds offered June 4 1959 April 1 from 1959 to inclusive. Principal and in¬ 1985 Sinclairville, N. considered on the following basis: City, 2.21% Albuquerque. Bids will be York Bank, of New interest. hattan at totaling notes //Dec. 1 from 1958;to 1967 incl./ i 1 from 1958 to 1981 inclusive. Due on Nov. 1 from 1958 to 1977 Principal and interest (J-D) pay-, inclusive.. Principal; and interest-able at the County Treasurer's (M-N) payable at the Lake Counoffice. Legality ' approved by ty National Bank, of Painesville. Squire, Sanders & Dempsey, of Legality ; approved by. Squire, Cleveland. *; * : //;v/ '■///•■■;// Sanders & Dempsey, of Cleveland. $1,151,500 of¬ fered June 7—-v. 185, p. 2610— were awarded to the Chase Man¬ Legality Marron, of approved by Owen B. 8 -1957. Due from 1959 Interest A-O. inclusive. craft, Secretary of Board of cation, will receive sealed until Note tion 1957. to 1997 serially Due Y. // Sale—The bond anticipa¬ Rochester, N. Dated April 1, bonds. enue • • 3,382.24 Series C bonds. Due ou ? ., basis of about a 4.14%. be on •46,249.60 Series B bonds. Due on ' / Decv i from 1958 to 1977 incl. County Corn-, of Board of //,//;/////'//> :;Zi Donald' G. / missioners, will receive sealed? Brown, Clerk of Board of Educa* Z bids until 10 a.m. (EST) on June tion, will receive sealed bids until 20 for the purchase of $4,000,000. noon (EDST) on June 26 for the* county hospital facilities bonds. purchase of $150,000 school build - Dated June 1, 1957. Due on Dec. ing bonds. Dated July .1, -1957. — 100.37, price of an¬ dormitory and 000 Hold- Bursum purchase of $435,cafeteria rev¬ July 3, for the Township School Dis¬ (P. O. Elmer), N. J. Roosevelt Secretary- — O. Holm that sealed bids will until 11 a.m. (MST) nounces Pittsgrove trict Offering Bond Treasurer Clerk on $i6,369.28 Series A;l>onjds.:T)ue oh school ,// Dec.. 1 from 1958 to 1962 incl/ Offerihg-~£u Ernest Little/ were awarded to & Cross, as 4.20s, at a 185, p. 2610 receive EST) noon purchase/of $65,f/Sewer District bonds/as- follows': & house bonds offered June ,6.; Mexico School of (P. O. Socorro), N. Mex. Mines gality approved by Caldwell, Mar¬ shall, Trimble & Mitchell, of New York City. Bond . Cross until for the 1 941J 2 of will Auditor, . bids sealed Cv: ^ Ohio / ■;'//Z Offering—Harry E. Travis,/ Bond . Company Incorporated; Regents of New Logan County (P. O. Belle- * . Roosevelt uie purchase of $58,000 Incorporated;/Bacon, building improvement " bonds. Co.; First of Mich¬ Dated Dec. 5%s, at a price of 100.07, a basis of 1, 1956. Due on Dec. 1 (F-A) payable at the First Na¬ about 5.24%. igan Corporation; Chas. E. . Weir from 1958 to 1980 inclusive; Prin¬ tional Bank, of Toms River. Le¬ gold & Co. Incorporated; Bear, Wood-Lynne School District, N» J. Stearns & Co.; Francis I. duPont cipal and interest (J-Dj payable gality approved by Hawkins, Delat the First National Bank, of Bond Sale—The $95,000 school afield &, Wood, & Co.; Adams, of New |York McEntee & Co., Blanchester. Legality approved bonds offered June 11—v. 185, p. City. /.//■' Inc.; W. H. Morton & Co. Incorpo¬ by Peck, Shaffer & Williams, of 2610 — were awarded to J. B. rated; Bache & Co.; R. D. White Mata wan Township (P. O. Cincinnati.//// "•// Hanauer & Co., as 4.65s, at a price & Company; Tilney and Company. Mat a wan), N. J. of 100.18, a basis of about 4.62%. Franklin County (P. OiColumbus), Bond- Offering — Charles J. Quoque, N. Y. ■/>/;■,//>Ohio /://*■ new mexico Bond Sale —The $118,500 fire Kelly,. Township Treasurer, will Bond receive Legality/ approved / of y/f ontaine), Ohio i of 100.12, -a basis about 3.47%. •'' • — ~ , a Grossnickle, Stevenson Bank, Traders Shaffer & Williams,- of /; >f-V/'1*//J by Peck, Education, will receive sealed bids until noon (EST) on June 29 for & the ? - Cincinnati. John Nu.veen & Co. (In¬ corporated); Geo. B. Gibbons & 185, p. 2501 — were awarded to Boland, Saffin & Company, as and at . at rated; v. — 1958 from Principal payable , and Jamestown. 2383—were awarded to Sweney Cartwright & Co., and Ryan, Sutherland & Co., jointly, as 3V2S, p. Kidder, Peabody & Co.; Lehman Brothers; C. J. Devine & Co.; Goldman, Sachs & < Co.;; Kuhn, Loeb & Co.; Blair & Co. Incorpo¬ $100,000 build¬ (J-D) Farmers Fund No. 2 bonds totaling $178,350 offered June 4 •— v. 185, 4.40s, at a , School District (P. O. Chatsworth), N. J. Bond Sale—The headed Co., Inc., as & Stuart Woodland Township ing syndicate interest Furnish¬ 15 Dec. on inclusive. 1977 to ing 13— awarded to by Halsey, 185, p. 2721—were purchase of $14,000 sewer Dated June 15/ Due 1957. Fire and and note Construction* and Police price of 100.65, a basis of. about 4.34%." .• r;; ' / I Other members of the syndicate: City. 8 p.m. improvement building bonds offered June gality approved by Hawkins, Delafield & Wood, of New York Board sealed Columbus, Ohio Note and Bond Sale—The street Hempstead Central High Sch. Dist. No. 3 (P. O. Merrick), N.Y. Bond Sale — The $8,185,000 a for the assessment bonds. jected. v. • Cincinnati. June 11—v. 185, p. — Clinton the at tional Bank & Trust Company, Park), N. Y. Bonds Not Sold — Bids for the Deer Abraham A. new jersey Franzetti, Secretary of the Board of Education, will receive sealed Cranford Township (P. O. bids until 8 p.m. (DST) on June Cranford), N.J. .* Bond Sale—The $240,000 school 26 for the purchase of $390,000 bonds offered June 11—v. 185, p. school bonds. Dated March 1, 1957. Due on March 1 from 1958 to 1977 2501—were awarded to National State Bank of Newark, and Ewing inclusive. Principal and interest & Co.„ jointly, as 3.85, at a price (M-S) payable at the First Na¬ of 100.27*. a basis- of about; 3.82%. tional Bank of Park Ridge. Le¬ * Monday, June 17, 1957 . " •Jamestown, Ohio County Na¬ r of ■i.; Bond Offering — Dean Sesslar, Wilmington. Legality approved Village Clerk, will receive sealed by Peck, Shaffer & Williams, of bids until noon (EST) on June 28 able (P. O. Deer Park Fire District & proved by Hawkins, Delafield Wood, of New York City. Bond • . (2858) (P. O. Clarksville), Ohio (EST), chase bonds. on of "$93,500 Dated June Co.; Salomon Bros. & Hutzler; Securities Corporation; Dean ster Ohio Turnpike Commission B*>rea)% Holiday Year's — Ohio the Ohio Double uLast Traffic Traffic (P.'-O. y which Turnpike crowded during the five-day Memorial Day holiday ending with Sunday, June 2, pro¬ duced total toll revenue of $292,000 or 56% in 000 in toll same the excess revenue holiday of the $187,- collected in the week-end in 1956, Ohio Turn¬ Chairman of the pike Commission, Jas. W. Shockreported. The record Memorial Day nessy, week-end toll revenue reflected Volume 185 Number 5647 . . The Commercial and Financial Chronicle . (2859) 63 • not only much a volume greater Windham Exempted Village School 'J; of traffic than; in 1956 but ref leetr ~''ed also the effect of the,increase Ain passenger "* ' The ing the last four days of May ' an J No. Clerk of the Board Shocknessy said. will dent that "It is the'modest toll rates lias not •-reduction in of use pressed A pike ; v ex- Harmon** County r • No;: 5; (F. Q. change in toll rates has achieved acceptance by Revenue A v from ■'« - Clerk the trav- will AA-f V/A r r • Le with respect to truck toll ••i- since the 4 C. — sealed, bids ; until nobn., - V. 1960 Bou- (.EST); 1957. Due ;"v 1977 '** on receive sealed bids •£/ *, ••-v-"' awarded to the Bank & Trust , until the 8 p.ri>. . k payable Bank, Citizens Zanesville, pi-oved - the at bv to Sale—The the p. 4.459%, 100.09, .ap- Squire, 4s, as at Bank price .of basis of about 3.98%/ Due of $77,000 gen¬ to in the the works v. July $19,000 water May 27 — offered 185, p. 2503 — were awarded to Exchange Bank, of Lennox, 3s. ' '• the as ■ r .■ 4®'.. -• TENNESSEE 1, of dated July are The — bonds latter amount the Lennox, S. Dak. .«.*■, Dickson County (P. O. Charlotte), Tennessee Bond Offering Weems, 1, 1957 1,000,000 .... on 1, 1958 A ' v to 1977 County James — Judge, A. will re¬ Bond offered May 1 from Due Dec. on awarded were & Dec. on 1 a Co., to 3V4S, at as Munson,' of of the offering from 185, Byrd, A-*199AS; A A on on be obtained may Cumberland Securities Ave., North, Ridge, Tenn. Offering — William Town Clerk, will H. receive sealed bids until 2 p.m. (EST) on June 27 for the purchase of $1,- Goldman, Sachs price of 100.18, a basis of about 3.21%. a.m. East Bond 2151— p. the Corp., 206 Fourth Nashville, Tenn. 000.000 , sewer 1, 1957. Due 1987 to Upper Moreland School District 1, at* 9:30 bonds. Dated June 1, 1956. Due $150,000 gen¬ improvement bonds 14—v. bids June 1 of certain years from 1960 to 1976 inclusive. Complete details Sale—The eral obligation oral July 1 for the purchase of $250,000 general obligation school Township (P; O. Grove), Pa. Willow Dec. 1 from Due 41/2S. 1958 on Townsend, Elliott & Philadelphia. about /from 1971 to 1976 inclusive. 3,790,000 ceive serially on July 1 inclusive, and July 1, 1997. Principal and interest (J-J) payable at the Dauphin Deposit & Trust Co., Harrisburg. Legality approved by 197(Linclusive. 3.90s. mature Upper Moreland Dec. on 445,000 3V2S. Due A; ,1964 to , of A a cost A;. >71960 to 1963 inclusive. 925,000 3%s. Due on Dec. A';"' $18,931.81 im¬ National and $6,390,000 and 1959. A1 1968 Authority (P. O. Willow Grove)* Pennsylvania bonds. Dated June on June 1 from 1958 inclusive. Bonds thereafter and due in callable are of June 1, 1967. Principal and interest (J-D) payable at the Bond Offering — Walter R. Lynch, Ridgedale Bank & .Trust Co., Pierce, Fenner & Beane; Blair & Lomas, Chairman, will receive Chattanooga, or at the Chase Man¬ COi Incorporated; Ira Haupt & Co.; sealed bids until 8 p.m. (DST) on hattan Bank, New York City. Le¬ White, Weld & Co.; Hornblower June 25 for the purchase of $3,gality approved by Chapman & & Weeks; R. W. school revenue bonds. Pressprich & Co.; 650,000 June 5 v. 185, p. 2610 — was Cutler, of Chicago. Thomas Company; Reynolds & Dated July 15, 1957. Due on July postponed. '.Ay " Co,; Harrison & Co.; Schaffer, 15 from 1958 to 1992 inclusive. The Lebanon, Tenn. Jackson County, Kings Bond bonds are optional. Interest J-J. Offering — William D. Highway »_ Necker & Co. Water Dist. (P. O. Dolphin & / Co.; Arthurs, Les- Legality approved by Townsend, Baird, Mayor, will receive sealed Medford), i' trange & Co.; Bioren & Co.; Hallo- Elliott & Munson, of Philadelphia. bids until 10 a.m. (CST) on July y Oregon a Other members of the syndicate: CV J. Devine & Co.; Merrill •/: Sanders f-& ;,;,,.'A.,; Grants Pass, Ore. y •;7 Dempsey, .of Cleveland. : f Offering Postponed—The offer¬ y ing ,<pfA $51,214.89 '• improvement Strongsvilie Local School District, bonds 'V originally / scheduled for . 5V4%, maturity then follows: as $230,000 6s; Oregon '/:. 10 a; net 2610—were awarded A, First Portland, National Legality A The — interest A A'-'-r •' ForestGrove, 185, rr-v. . to applicable from bonds offered June revenue 98, Liberty National provement bonds offered June Aon Oct. 1 from 1958 to 1977 incluysive. Principal and interest (A-O) ^ ' -/. Bond v of 31/2 % 1997 2611—were awarded to a syndicate headed by Halsey, Stuart" & Co., Inc., at a price of OREGON '.Si*:./' '■"* July .1 j£pr on ,«:2- ; $77,500 building Dated April 1, 1957. Due bonds. : (EST) purchase The — Bond Sale $1,100,000, the net interest cost to the Authority being about 5.31%. p. — ' from being The bonds 11—v; 185, Due serially from 1959 to 1966 inclusive. Aa AAA/'Aa :,:"S'7;; 7 - ' • Offering — Ronald A, Borough - Secretary, will Bond Sale schbol Company, of Okla¬ '-'A .'AA1'A '' homa.City. Offering Mrs. Evelyn Brock, Clerk of the Board of Education, wilt receive sealed bids i Lynch; Singer, Deane & ScribWarren W. York, Inc.; Alli¬ son-Williams Co.; J. S. Hope & Co.; * Joseph Lincolh Ray, and Schaffer, Necker & Co., at a price of 98, for interest rates ranging ner; Cheltenham Township Sch. District Authority (P. O. Elhins Park), Pa. County Independent Sch. 1 (IPS O. Allen), Okla. Sale—The $80,000 build¬ ing and equipment bonds offered June T 7—v. ? 185/ p. 2383—were £o., Rainesville. ,> Bond • & tion bonds. • 1 Bond Sale composed group — obliga¬ -A Bond July 1 from 1958 to Ferry Township Local Sch. District •.V'V-.1',#'. A' {P. O. Zanesvitle), Ohio a — receive sealed bids until 7:30 p.m. (DST) on June 24 for the pur¬ chase of $60,000 general pist, Noi inclusive; Principal and inpayable at the CleveTrust Bond to eral obligation water and sewer Haupt & Co.; Rambo, Close bonds offered June 6 v. 185, & Kerner; Bache & p. Co.; Blair & 2611 were awarded to Dean & Co., Inc.; Boenning & Co.; Hemp¬ Grosz & Co., of Rapid City. hill, Noyes 8c Co.; Moore, Leonard :A A -A. Canonsburg, Pa. , White, to 1962 inclusive. Pontotoc on terest (J-J) Aland will »•' $525,July 1, bonds.4 Dated sewer / 10 DAKOTA Edgemont, S. Dak. ' • A. June 25 for the purchase of f * C00 Offering — Cecil B. Am¬ Clerk of the Board of Edu¬ until 4 p.m. (CST) on June 18 for the purchase of $18,000 transporta¬ tion equipment bonds. Due from in A; SOUTH of Ira PENNSYLVANIA cation, (dreaux, City Auditor, will receive ■ County Indep. Sch. Dist. (P. O. Heavener), Okla. been turnpike lias Offering •-;A'V'A../A.; Portland. June on cipal and interest (J-J) payable at the County Treasurer's office. Le¬ gality approved by Winfree, Mc¬ Culloch, Shuler & Sayre, of Flore nions, Authority, Pa. Bond Sale—An issue of $1,750,000 school revenue bonds was sold from 1960 to 1972 inclusive. Prin¬ A Bond i, Painesville', Ohio A". ;AV;; Bond Casey, Education, revenue ■'7& operation,'* Mr. Shocknessy. said. . L. bids until 7:30 A . Dauphin Joint'School — ; which makes that month the best • of . Oregon Bond Offering Mildred G. Kirby, District Clerk, will receive sealed bids until 7 p.m. (PST) on June 25 for the purchase of $26,000 ' general obligation bonds. Dated July 1, 1957. Due on Jan. 1 '■ No. 3 estimated $445,000 an C. — of the Board ■" during May. 1956. f - '' • /rf':'■«? "Tolls from trucks during May ; 1957 totaled ■ Indep. Sch. Dist. Vinson), Okla. ' receive sealed equipment and. I960:*: 422 ? i 2 p.m. (CST) on June 20 for the purchase of $7,500 transportation bonds. Due in 1959 operation of the A turnpike during the month of May r will' be about ^$1.460,000, which / compares with revenue of $1,121;; until (J-D) payable at the Dist. No. 62 (P. O. Portland), Due from 1960 t6 1969 inclusive. by. those using: the turp- eling public.1' bids Savings , Washington and Multnomah Counties, Cedar Mill Joint Sch. Education, (CST) on June 17 for the purchase of $30,000 building bonds. demonstrateconvincingly 7-Bond Offering the. that ' rates new. of sealed p.m.- , in any the turnpike. The reactions to the • evi¬ now increase in resulted receive & City Treasurer's office. A Bond Offering—W. L. Bradbury, been Collected during that period the old toll schedule/*: Mr. 'under . and interest 9 (P. O. Welch), Okla. ISLAND Island (State of) Corp.; Harris Trust Bond Offering — Raymond H. Bank, of Chicago; Bankers Trust Co.; Chase Man¬ Hawksley, General Treasurer, will receive sealed bids until 1:30 pan. hattan Bank, both of New York; (DST) on June 19 for the pur¬ Drexel & Co.; Smith, Barney & chase of $7,000,000 Veterans' Co.; Continental Illinois National Bonus Bonds. Dated July 1, 1957. Bank & Trust Co., of Chicago; Due on July 1 from 1958, to 1977 Bear, Stearns & Co.; Braun, Bosinclusive. Principal and interest worth & Co., Inc.; W. H. Morton (J-J) payable at the General & Co., Inc., and Courts & Co., as Treasurer's office. Legality ap¬ 3Y2S, at a price of 100.54, a basis proved by Sullivan, ^ Donovan, of about 3.43%. *■* Hanrahan, McGovern & Lane, of New York City. Upper p.m. 1, 1957. Due on June 1 from 1958 to 1967 inclusive; Call¬ able as of June 1, 1960. Principal C:'" AaOKLAHOMA ::v 7-' AVS Craig County Dependent Sch. Dist. over and above that which would have f 2:30 June automobiles passenger until RHODE Rhode of First Boston (PST) on June 24 for the purchase of $116,313.11 improvement bonds. Dated estimated $19:1000 in revenue dur; bids been* rescheduled for June 26A schedule of tolls ap- new to and small trucks accounted.for offered June 12—v. 185, p. 2503— were awarded to a group composed Mundt, City Recorder, will receive sealed ment • plying *. 'ji bonds •> originally scheduled fof June 18—v.-185, p. 2722—has on Tuesday, May 28, Mr Shocknessy said # A* ■; 'A A ;■ A Salem, Oregon Bond Offering — Alfred District, Ohio x Offering- Rescheduled—The of¬ fering of $450,0.00 school improve¬ .which be¬ car rates effective came A-'.' " as ; V,.,.70/iio 7;%' ' ;. Bond Offering.— L. A. Lenkaitis, Clerk of Board of Education, will receive sealed bids until 8 (EST) .on June 25 for. the purchase of $180,000 building bonds. Dated July 1,- 1957. Due on p.m. I i Dec. 1 from 1958 to 1969 inclusive. < Principal and interest (J-D) payat the Union Commerce ,tBank, of ; Strongsvilie. - Legality 1 fible . . . approved by Squire, Sanders ; & Dempsey, of Cleveland. - .AA Note ' — the ,«ments June 10 — . Bond Offering—James A. Phil¬ , June 5 water Due '.Co., as / y 000 was ; ■; , price of a 100.04,' Sale street sold An — j issue of $200,- to The Ohio. bonds Company, of- Columbus, as 3-%s, at a price of 100.27, a basis of about 3.44%. A1*/' Offering Date Changed— Date of sale of the $317,850 vari- ; Aous purposes . bonds 2610-—to June 7Bond ' 27. ,• sealed A..y . OffeHng — •Finances Director, bids until Due on Dec. r 1 G. F. Martin, 'receive noon (DST) on 1958 to 1967 inclusive. \. Principal and interest (J-D) payable at the Lake County National •- Bank, Painesville. gality 'approved Sanders & Na¬ (PST) chase on>June of until for 19 $20,008.88 5 p.m. the pur¬ improvement bonds, nDated Feb. 1, 1957; Due on Feb. 1 from 1958 to 1967 in¬ /Principal (F-A) ; payable Culloch, Shuler : and Keir. Harrisburg, Pa. A ' Bond Offering Walker, ment will Director of Stanley of Accounts receive by - Le- the E. Squire/ Dempsey, of Cleveland. office. Finance, bids until 11 July 1, 1957. from 1958 to Due 1977 on July inclusive. Principal and interest (J-J) pay¬ p.m. Township (P. O. 703 McAbe., Turtle Creeh), Pa. Board of ap-s McCulloch, Sayre, of Portland. on , bids until 6 Meadville, Pa. Sale—The $350,000 gen¬ obligation water system bonds offered June 11—v. 185, p. 2722— were awarded to the A A Bond Sale—The $5,200,000 eral Puerto public improvement July of 1957. 1968 as thereafter and are of Chicago. h ■ '» ' '' •**}-- p- \. Murfreesboro, Tenn. Bond. tric Sale—The system fered June pur¬ obliga¬ 1, in Bank, New York City. Legality approved by Chapman & Cutler, $150,000 elec¬ bonds of¬ p. 2611— revenue 6—v. awarded were Securities 185, Mid-South the to Company. Sotith Pittsburg, Tenn. Offering — Howard G. Swafford, City Recorder, will re¬ Bond ceive RICO sealed bids until 7:30 p.m. on July 1 for the purchase $770,000 natural gas system revenue bonds. Dated March 1, of Rico 1957. to Electric to Energy Sales Continue Increase—Electric power rev¬ enues of the Resources Puerto Rico Water Authority in April $2,524,652 compared with $2,194,453 in April, 1956, ac¬ cording to S. L. Descartes, Execu¬ to tive Director of the Revenues ended for April 30, 12 1957, months were $27,- preceding 12 months. Government for agent for Authority. Puerto the on Development Rico Water is fiscal Resources March inclusive. and 1 from Bonds thereafter are 1960 due in callable of March 1, 1967. Principal and (M-S) payable at the Hamilton National Bank, Chat¬ tanooga, or at The Hanover Bank, New York City. Legality approved by Chapman & Cutler, of Chicago. as interest Authority. the 901,439 compared with $24,234,652 in the Due 1987 1968 Bank gen¬ bonds the Puerto Rico Water Resources The ' Pittsburgh, Pa. for Authority (P. O. San Juan), Crawford of about 3.44%. Dated p.m. bonds. Commerce Union Bank, Lebanon, at the Chemical Corn Exchange July 1 from 1958 to 1970 amounted Bond 19 8 $750,000 (CST) p.m. (EST) on June 24 for the pur¬ chase of $50,000 general obligation school building rehabilitation until $185,000 general bonds. PUERTO — Harry L. Secretary of the School Directors, will sealed June on of bids Legality approved bv Burgwin, Ruff in, Perry & Pohl, of Pittsburgh. Vahdergrift, County Trust Co., Meadville, as 3*7>s, at a price of 100.44, a basis ..Legality sealed of revenue or inclusive. A*Bond Offering July 10.from 1959 to 1974 in¬ clusive. Principal and interest (J-J) payable - at the County . (DST) chase Due bonds. on Shuler & Wilkins Masters Legality approved by Townsend, Elliott & Munson, of Philadel¬ phia. eral Winfree, 7:30 purchase sewer May 1, 1967. Prin¬ cipal and interest payable at the (DST) on June;518 for the purchase of $40,general obligation bonds. tion June 24 for the purchase of $130,000 .general /obligation.. school bonds/ Dated July 10, 1957. Due . until Creeh), Pa. Sayre, ' oi due callable 000 able at the City Treasurer's office. Gladys Nuc¬ kolls, District Clerk, will receive sealed bids until 8 p.m. (PST) on by Frank receive 1 Mount Bethel Township Indep Sch. Dist. (P. O. Martins Le¬ Multnomah County School District No. 27 (P. O. 18037 S. E. Stark proved J. — Walker, Secretary of the Board of Supervisors, will receive sealed Bond Offering — M. Joseph Martinelli, Secretary of the Board of Township Commissioners, will receive office. Offering the and Dated May 1, 1957. Due on May 1 from 1959 to 1987 inclusive. Bonds Depart¬ and sealed Lower Portland. Treasurer's Bond . for water Township (P. O. Norristown), Pa. a.m. (DST) on June 25 for the purchase of $1,100,000 general ob¬ ligation improvement bonds. above- & — , by Winfree, Me- & 9 / West Norristown bids interest the at official's gality approved Kerner, Dated Oregon bids & Bond Offering—M. ;.will from States Bond Offering—F. C. McShane, City Recorder-Treasurer, will re¬ clusive. . United Street, Portland), Ore. July 1 for the purchase of $121,450 r special assessment street improvevment bonds. Dated July 1/ 1957. ' the La Grande, Willowick, Ohio ... July 1, from 1962 has ..been -changed from June 20—v. 185/p. *' of mentioned Westiahe,-Ohio '■ ;v Bond p.m. Dated on ceive .sealed improvement ,* a A Wapakoneta,' Ohio Bond ' 3s,,at basis of about 2.97%. ^ bonds. 8 tional Bank of Portland. Legal¬ ity approved by Winfree, McCulloch, Shuler & Sayre, of Portland. awarded to, Stranahan, Harris & :j ■ & Grubbs until re¬ ;.. ; July 1 to 1980 inclusive. Callable as of foregoing supple-' July 1, .;1968. : Principal and in¬ report in our issue of terest v: 185, p. 2722. payable at the Medford > Sale—The $108,000 side¬ improvement bonds offered 11 —v. 185, p. 2502 — were : tion bids will The Bond Sulzberger Close (PST) on June 26 for the nurchase- of $54,000 general obliga¬ ceiver sealed branch walk well, Co.; Rambo, Incorporated; Robert L. Whittaker & Co.; Brooke & Co.; Grant & Company; Joseph Lincoln Ray; Jenks, Kirkland, lips/ District Treasurer, 1957. Toledo, Ohio A7 , — * TEXAS Abilene Indep. Sch. Dist., Texas Bond Offering — Morgan Jones, Jr., President of the Board. of Trustees, will receive sealed bids until 2 p.m. (CST) on June 27 for the purchase of $2,000,000 unlim¬ ited tax school building bonds. Dated 1 July 1, 1957. from 1958 to Due on July 1982 inclusive. Commercial and Financial Chronicle The . . . Monday, June 17, 1957 (2860) 64 Optional as of July 1, 1972. Prin¬ cipal and interest (J-J) payable at the F. & M. National Bank, Abilene, or at the Republic Na¬ tional Bank in Dallas. Legality McCall, Parkhurst by approved of Dallas. & Crowe, Brownsville, Tex. obliga¬ tion street improvement and lire atation bonds totaling $250,000 of¬ Sale—The general Bond were and the of Dallas. Plainview, Tex. interest Boston. • $495,000 Sale—An issue of Bond VIRGINIA general obligation bonds was sold to the First Southwest Company, as March 1 from Power inclusive. 1968 to 1971 — Bids for the 1, 1957. Principal (M-S) payable at the National Bank, of Dallas. Dated, June First County inclu¬ Principal and interest (J-J) (P. O. Fairfax), CANADA MANITOBA Pacific, the right the district and as and energy generated result of the construction of a Debenture 5% in the same project will be hydro-electric debentures of¬ fered June 11 / '■ (Province of) Sale—The $7,500,000 Manitoba to the power ratio. Fairfax July 1 from 1958 to 1977 sive. a 26% of the total and Pacific's costs will amount to 74%. As between the report. and interest jointly. Calallen Independent Sch. Dist., Corp., on Pacific Company, and Light payable at a bank to be agreed a hydro-electric generating upon by the purchaser and the plant and related facilities, known Common Council, or at the City as Swift Plant No. 2, which will Treasurer's office, at the option be constructed and owned by the of the holder. Legality approved district. The cosL of the entire by Chapman & Cutler, of Chicago. project is estimated at $69,855,000. The district's costs in connection with the project will amount to rejected, according to 2612—were & canal, $3,200,000 court house and sewer bonds offered June 11—v. 185, p. March 1 Due on Not Sold Bonds 1967 inclusive. 37/8s. from & Co., constructed and owned by Richmond), Va. to 1958 315,000 (P. O. Arlington County follows: $180,000 4s. Due on Securities Columbian (J-J) payable at the National Shawmut Bank, of Bos¬ ton. Legality approved by Storey, Thorndike, Palmer & Dodge, of and McCall, Park¬ by approved hurst & Crowe, 2503— June 6—v. 185, p. awarded to Dittmar fered ity Principal July 15, 1957. Dated (J-D) payable at the First National Bank in Dallas. Legal¬ terest were awarded to a syndicate headed by James Rich¬ ardson & Sons, at a price of 97.90. Among those associated with The First Boston Corporation, Virginia Legality approved by Dumas, Bond Offering — W. Clement Smith, Barney & Co. and Foster & of $95,000 Huguenin & Boothman, of Dallas. QUEBEC achool house bonds was sold to the Port Arthur Independent Sch, Dist., Jacobs, Coupty Clerk, will receive Marshall in the offering are: Montreal, Que. sealed bids until 12:15 p.m. (EST) T exas First of Texas Corporation, as 4s. Kuhn, Loeb & Co.; Lehman on June 26 for the purchase cf Registers Issue With SEC—The Dated March 15, 1957. Due on Bonds Not Sold —All bids re¬ Brothers; A. C. Allyn and Com¬ school bonds. Dated pany Incorporated; Eastman Dil¬ city filed a registration statement jVIarch 15 from 1990 to 1993 inclu¬ ceived for the $2,896,000 school $4,000,000 March 1, 1956. Due on March 1 sive. Interest M-S. Legality ap¬ .louse bonds offered June 6 lon, Union Securities & Co.; (file 2-13416) with the SEC on June 7, 1957, seeking registration from 1959 to 1983 inclusive. Prin¬ proved by Dobbins & Howard, of —v. 185, p. 2611—were rejected. Equitable Securities Corporation; cipal and interest (M-S) payable Kidder, Peabody & Co.; R. W. of $7,200,000 of 5*4% sinking fund San Antonio. Sabine River Authority of Texas debentures for local improve¬ at the National Bank of Fairfax; Pressprich & Co.; White, Weld & Decatur Independent School (P. O. Dallas), Texas First & Merchants National Bank, ments, due Feb. 15, 1977, and $17,Co.; A. G. Becker & Co. Incorpo¬ District, Texas Bond Offering—John W. Sim¬ Richmond, or at the Chase Man¬ 800,000 of 5*/4% sinking fund de¬ rated; Clark, Dodge & Co.; DomiBond Sale—An issue of $300,000 mons, Executive Vice-President hattan Bank, New York City. Le¬ bentures for public works, due nick & Dominick. achool building bonds was sold to and General Manager, will receive March 1, 1977. The public offer¬ gality approved by Mitchell, Estabrook & Co.; Hornblower & a group composed of Burt Hamil¬ sealed bids until 11 a.m. (CST) Pershing, Shetterly & Mitchell, of ing price and underwriting terms ton & Co., Inc., Murray W. Moore Weeks; F. S. Moseley & Co.; Wer- for-'these debentures, as well as on June 24 for the purchase of New York City. 6c Co., Henry Keller & Son, and $5,000,000 water supply revenue theim & Co.; Bacon, Stevenson & the names of the underwriters, William N. Edwards & Co., as bonds. Dated July 1, 1957. Due New Kent County (P. O. Co.; J. C. Bradford & Co.; First of are to be supplied by amendment. New Kent), Va. follows: Michigan Corporation; Ira Haupt on July 1 from 1958 to 1977 inclu¬ The proceeds to the city from & Co.; Gregory & Sons; King, the sale of the local improvement Bond Sale—The $220,000 school $27,000 3MsS. Due on June 1 from sive. Callable on July 1, 1967, and 1958 to 1967 inclusive. on any interest payment date building bonds offered June 12— Quirk & Co. Incorporated. debentures will be applied toward, Wm. E. Pollock & Co., Inc.; or to the repayment of the in¬ 121,000 4V2S. Due on June 1 from thereafter. Principal and interest v. 185, p. 2504—were awarded to 1968 to 1977 inclusive. payable at the Chase Manhattan Scott, Horner & Co., at a price of Schwabacher & Co.; Tripp & Co., terim bank borrowings incurred 152,000 4%s. Due on June 1 from Bank, of New York City, or at the 100.12, a net interest cost of about Inc.; G. H. Walker & Co.; Weeden to finance temporarily, the cost First National Bank, of Dallas. ■•'/1978 to 1985 inclusive. & Co. Incorporated; Rand & Co.; of various condemnations of prop¬ 4.14%, as follows: Dated June 1, 1957. Interest Legality approved by McCali, $80,000 4%s. Due on July 1 from Byrne and Phelps Incorporated; erty in order to open, extend and Parkhurst & Crowe, of Dallas. widen certain streets, and the cogt Stern, Lauer & Co. J-D. Legality approved by Du1958 to 1969 inclusive. of certain other permanent local tnas. Huguenin & Boothman, of Schulenburg, Texas 140,000 4V8s. Due on July 1 from Pierce County Sch. Dist. No. 320 Dallas. Bond Offering—O. H. Wolters, improvements, consisting of sew¬ 1970 to 1979 inclusive. (P. O. Tacoma), Wash. ers,. pavements and sidewalks. Mayor, will receive sealed bids Fort Worth Independent School Bond Sale—The $320,000 school Proceeds of the sale of the public until 6:30 p.m. (CST) on June 17 Smyth County (P. O. Marion), Va. District, Texas bonds offered June 7—v. 185, works debentures will be applied for the purchase of $200,000 gen¬ Bond Offering—J. Gordon Ben¬ Bond Offering—Ed P. Williams, eral obligation various purpose nett, Secretary of the State Com¬ p. 2612—were sold to the State of toward the cost of some or all of Business Manager of Board of Edbonds. Dated July 1, 1957. Due on mission on Local Debt, will Washington, as 33/4s, at a price several public works or the re¬ tication, will receive sealed bids of par. . Feb. 1 from 1958 to 1980 inclusive. payment of interim bank borrow¬ receive sealed bids at the Commis¬ until 2 p.m. (CST) on June 27 The bonds are optional. Principal ings, incurred in connection there¬ sion's office, Room 222, Finance for the purchase of $5,000,000 Port of Longview (P. O. and interest (F-A) payable at the with,, including slum clearance; Building, Capitol Square, Va., school house bonds. Dated Aug. 1, Longview), Wash. T exas Bond Sale—An issue * : , - , ' virst National Bank, 1957. Consol. Indep. Sch.< Dist. (P. O. Baytown), Texas Option Exercised — The State -Goose Creek until & noon and road (EST) on June 27 for Bond purchase of $1,680,000 school bonds. Dated July 1, 1957. Due the Sale—The $1,500,000 gen¬ bonds offered June 2384—were awarded eral obligation 11—v. 185, p. and highway construction public ga¬ parking grounds and mar¬ grade separation; rages, on July 1 from 1958 to 1977 in¬ kets;, trunk sewers; parks; con¬ Temple, Texas to a group composed of Blyth & clusive. Principal and interest struction of a civic center and Bond Sale—The $2,300,000 water exercised its Co.; Seattle-First National Bank. (J-J) payable at the Bank of Seattle: Northern Trust Co., of concert hall; and numerous other option to purchase, at the same works and sewer system revenue Marion, in Marion, or at Tne Han¬ price, $2,000,000 school house bonds offered June 11—v. 185, p. over Bank, New York City.. Le¬ Chicago; Pacific National Bank, of projects. 2611—were awarded to a group Bonds reported sold on June 5 Seattle; Pacific Northwest Co.; gality approved by Wood, King —v. Atkinson & Co., and June S. Jones 185, p. 2723—to a group headed by Merrill Lynch, Pierce, & Dawson, of New York City. Fenner & Beane, at a price of Beaded by the Mercantile Trust & Co., as 4s, at a price of 100.11, Company, of St. Louis, as 33/4s and 100.03, a net interest cost of about a basis of about 3.98%. WASHINGTON 4s, at a price of 100.02, a net in¬ 4.20%, as follows: •paabs aq p[noOi(ucui sb doimi Cowlitz County Public Utility Dist. WISCONSIN terest cost of about 3.98%« $835,000 4%s. Due on June 15 •••ipbop SS9jp99U b SI ipbop J90 No. I, Wash. of Education Board • Liberty, Texas Sale—The $100,000 "Bond from 1958 to street Improvement bonds offered June 11—v. 185, p. 2504—were awarded to the Columbian Securities Corp. 1972 inclusive. on June 1979 inclusive. Due 4.10s. 575,000 from 1973 to 4.20s. 890.000 from 1980 to Due on June 15 1987 inclusive. Offering Superintendent — of Schools, will St. George, Utah Offering—The City Coun¬ Bond bids until 8 p.m. cil will receive sealed bids until June 20 for the pur¬ 8:30 p.m. (MST) on June 19 for $80,000 school house the purchase of $630,000 water bonds. Dated June 15, 1957. Due and electric revenue bonds. Dated on June 15 from 1958 to 1986 in¬ May 1, 1957. Due on May 1 from clusive. Bonds due in 1978 and 1959 to 1977 inclusive. Callable thereafter are callable as of June on May 1, 1962. Principal and in¬ 15, 1977. Principal and interest terest (M-N) payable at the Bank (J-D) payable at a bank desig- of St. George. Legality approved oated by the purchaser. Legality by Chapman & Cutler, of Chicago. approved by McCall, Parkhurst & Additional Offering — Bids also sealed receive (CST) chase • • • on of Crowe, of Dallas. will be received at the same Nederland, Tex. Bond Sale — The for $65,500 fire offered June 3 185, p. 2611—were awarded Rauscher, Pierce & Co.. at a bonds station and interest 100.005, of 1960 net as interest follows: to to , , Pine Tree Indep. Sch. Dist. (P. O. Greggston), Texas Option Exercised — The State Board of Education exercised its VERMONT Vermont Bond to purchase an issue Digitized for ©f June 1, 1967. Principal ceive sealed — George chase bids until H. will re¬ 11 a.m. June 20 for the pur¬ of $9,300,000 bonds, as fol¬ (EDST) on highway Due bonds. 1958 to 1967 3,300,000 Due 17,450,000 bonds as 5s. School District callable are able as Chemical Corn Exchange at Harris Trust Bank, Chicago; or at Bank, New York City; & Savings the National Bank of Commerce, Legality Seattle. Wood, King York City. & by of New approved Dawson, in River construction July 15 from inclusive. on school building bonds. July 15 from 1958 to sists of two a dam hydro and - and Skamania and storage electric related The project con¬ reservoir, generating facilities, a plant known as on 1977 inclusive. Swift Plant No. 1, which will be 'sn JJ9J f 'jobj oiSbh Joint Wis. 1, Alvin — H. (CDST) July 2 for the pur¬ on $1,150,000 building bonds 1, 1957. Due on July from 1958 to 1977 inclusive. chase of Dated July 1 Principal and interest (J-J) pay¬ able at a bank agreed upon be¬ tween the District Board and at the Commercial Monroe, or at or Savings & Bank, the First National Bank, Monroe. Legality approved by Chapman Cutler, of Chicago. & West Allis, Bond LET'S LOOK AT THE BRIGHTER SIDE Many thousands of Ameri¬ cans are cured of the every year. people are will receive until 2 p.m. (CDST) more going to their doctors in time...To learn how to head off cancer, or Wis. Offering—Irvin F. Knoe- cancer More and the American Cancer Cowlitz interrelated projects: pilip Xj9A9 iblfl si Babler, District Clerk, will re¬ ceive sealed bids until 2 p.m. purchaser, proceeds from the sale of the bonds will be applied toward the payment of the district's costs in connection with the construc¬ tion of the Lewis River-Swift Hy¬ dro-Electric Project on the Lewis Town) No. Offering Bond July 1, 1957 of July 1, 1957. Principal and interest (J-J) pay¬ The bonds are dated kib9 j&ojoop jno inclusive. and (City Monroe due July 1, 2007. and 1977 1968 to 434s, due on July 1 from to 1976, inclusive. Counties, Wash. lows: of $6,000,000 and in¬ (State of) Offering $1,635,000 1969 1968, inclusive; The Amidon. State Treasurer, . $550,000 school house bonds. The bonds are dated June 1, 1957 and mature on June 1 from 1958 to FRASER1972 inclusive. Callable as Cutler, of Chicago. 1967 inclusive. 30,000 4I2S. Due on June 10 from 1975 to 1980 inclusive. option Legality ap¬ Bank of St. George. 20,000 4*4s. Due on June 10 from 1968 to 1974 inclusive. " Principal (M-N) payable at the proved by Chapman & Due on June 10 from $15,500 4s. ' a 4.37%, inclusive. 1964 1962 cost of about Due on May 1 from May 1, 1957. to price time eral obligation -—v. T wo & Co., First Bos¬ Rivers and Cooperstown (Towns) ton Corp., and Foster & Marshall, Joint School District No. I (P.O. just recently purchased an issue Mishicot), Wis. of $20,300,000 Lewis River-Swift Bond Sale—The $575,000 school Plant No. 2, hydro-electric pro¬ building bonds offered June 5 duction system revenue bonds at —v. 185, p. 2504—were awarded a price of 96.50, as follows: to a group headed by the Channer $2,850,000 bonds: $345,000 3%s. Securities Co., at a price of 100.03, Due on July 1 from 1960 to a net interest cost of about 4.19%, 1962, inclusive; $400,000 41/4s, as follows: due on July 1 from 1963 to $230,000 4s. Due on July 1 from 1965, inclusive; $470,000 4*/2S, 1958 to 1967 inclusive. due on July 1 from 1966 to 345,000 4j/4S. Due on July 1 from andl purchase of $30,000 gen¬ water bonds. Dated the Creeks, T wo Kossuth, son, Mishicot, Gib¬ (Village), Mishicot headed by Smith, Barney UTAH Texas J. Ludewick, Ind. Sch. Dist., Lorena Bond Sale—A syndicate Bond 15 Texas. of 1 Schulenburg. Legality approved by Dobbins Howard, of San Antonio. call Society write to "Cancer" in care of your focal Post Office. bel, City Comptroller, sealed on bids June $4,495,000 bonds. 25 for pi#:chase of the corporate Dated July 1, purpose 1957. Due American Cancer Society *