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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%
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37

36%*

27%

14%

■

27%

27%

52%
92

v

'

15%

15%

16%

92

59%

2%

30%

29%

15%

/•'«

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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%

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50

16,400

"

,

2%

26%

35%

80
.

30%

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155

23%
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'

2%

93

27

95

30%

78%

15%

14%

14%

"•

84% r

*93/ ::
v

14%

14%

33%

200

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500

.

18,000

113«

200

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59%

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59%

59%

59 %

59 J/«

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59%

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22

21%

22

22

22

213/4

21%

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22l/2

42%

41%

42%

42

42

42

42%

41%

42

42%

4iy2

41Va

900

61%

61%

61 Vi

2,300

40%

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"

y2

*41%

42%

41%

42%

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58%

60%

60%

61%

61%

61V*

*82

84

*82

,V /;

11V*

5

*5%

53/4

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13 Vb

V

37%

V

45%

45%

77

77%

*77

78%

*77

-

57-%

82

82

81%

11%

10%

11

5%

5%

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57%

■

V •:■■,
.

5%

5%

*12%

13 Vb

*12%

13 Va

.,*12%

13%

39 Va

39'A

39%

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3934,

46 %

46 Vb

46 Va
/ 78%

t.45%
: ' *77 '
;-■'•; *75 '

53/4

.

*75

80

*75

80

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%

100
50c

*80

84

*80

84

*80

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80

46

■

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18V*

.

30 y0

20%

20%

18%

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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

:
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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%;
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"

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 ȣ
•

*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

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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

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95.4

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87

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86

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May 15 1975

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Oct

15 1971

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Jan

1 1969

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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

—

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73 Va

65

ref

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—

—

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CO 0

June-Dec

90

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76%

98

—

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3

3%s
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series
series

No.

No.

3%8

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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

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No.

3%s series

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33A a

No.

series

Aprll-Oct

99 %

76

—

2

June-Dec

99%

11

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97

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7

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98 V2

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98%

6

91

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June-Dec

see page




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.

June-Dec

11-

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——

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June-Dec

95

June-Dec

94 Va

June-Dec

---

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*

94 V

>94

95
2

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-

96

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3
"

96

94 Va

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93%

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—

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II

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,

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May-Nov
May-Nov

Mar-Sept

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1960

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48

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Mar-Sept
1961-Aprll-Ocf

80

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1970—April-Oat
April-Oct
May-Noo
Feb-Aug

54%

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5434

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1946
1947

7s 1951

14%

118%. 121

,

Jan'J^yL

1972

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,

81

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12 :,/4

12 %

80

81

-

--

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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

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—

June-Dec

--

r_

94%

June-Dec

33.

—

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r*

June-Dec
June-Dec

99%

95'%

84

48

80%

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mm

FIRM TRADING MARKETS

96

9_

10

*95

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—

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FOREIGN

96

94%

June-Dec
June-Dec

46%
82%
46%

47

—.

48

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99 Va

96
1

June-Dec

7

8

46%

8OV4

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5

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81%

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——

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June-Dec

62

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~

For Financial Institutions

9934

3_

90

00

9934

4

334a series No. FT—
For footnotes

♦7234

June-Dec

FOREIGN SECURITIES SPECIALISTS

^

-

90

■

82

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95%
61

;!•

64
—

73%

82%

58%
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103% 106
50%

53

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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

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-April-Oct

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,

165

+*«

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"

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

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>

90

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1960^—:

6s

sinking fund

assented

J"'

'•

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•

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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

<

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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

—

—:

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89

9.0

Wmt

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—

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

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7s

s

>•90.16

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>,

Low

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sink

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97

83

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sinjc fd

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95

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14

<

New

§ A Chile

sec

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97

*94

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Wertheim & Co.

sec

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;

.

: 1:

Caldas

A

15-year 3%s

JUNE

' i

Canada

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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

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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

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■

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93.8

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97.8

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120

•

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,

Telephone

Akershus

100

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97

Range Since1

No.

96Vb

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98.24

,

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89

95

86

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83.

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June-Dec

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RANGE
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85

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83 '

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'

98.24

-

Corporate Stock 1980

95

*100

97

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'

;

94

*94

.

100.24

33/«s

;'v

'

91.16

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.

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

•,,•

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...

>99.30 100.2

100.4

'

95

*93.12

90.4

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■

*94.24

,

> •98.1095.2 y'.-i *94i24
89.26 't >89,14

'

W?88-8',

;

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96.2

*99.12
>98.13

.

95.6

■i >88.£6

89.16

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*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%

'»•

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r

85

88'/#

94

30

1

78%

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i

»

A'

■'

'

Northrop

''

1--.

4s

82%

■'

'

''

95

107%

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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
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4%s conv sub debs 1981_j
3s

mortgage

1986
;

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-

June-Dec

Va

68

«.

Ry 3Vis series B 1966
Feb-Aug
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Morrell

V2

98

63

—

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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 %

;

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49

.t>

83%
72 V4

4

-2%

83%
72

3-3;

87%

v

73

...

68 y4

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69% /

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84:,/i

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239

105% 106%

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.6

'» V'

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__

92

t

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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
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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%

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63

1

63

63%

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3

86

95%

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92

96%

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—

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t

—'

-

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May-Nou
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'

f

ammm

—

m.m

100

100'/4
84 V a

•

88%

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:

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amm

rr'-m

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92

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82 %

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96

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w

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71

2

98 V o 100

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85"

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■

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1974

&

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96

90

.

93 Vi

—April

General gold 4Vis series C 1977
Philadelphia Electric Co—
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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

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51c

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12%c

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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

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Apr

2.15

!

,

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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

;

:

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98 Va

15%

6.25

May

.'

Apr

67c

2."S "
13c £ 18,10ft

; 39|
; m

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%•

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%

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-

Explorers

13c

1

Dome Exploration
Dome Mines

;

40c
9c
.

BSrrSdi;-::::::—S

72c

*

7.50

.

May

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May

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i

Jan

5.25

35c

8
8
260
35c - 41c ; 5.425
6c
9c
11,900
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12 %* 14%c ■ 13,433

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: 12c

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Distillers Seagrams

ntTj, :

•

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1

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Central

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Apr

'

50c

36c

40c
13

Jan

Jan

23c

--

100

32

1

-

Trethewey

Cayzor

4,335
10,182

25 Ma

3-50 Jan

:

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9.20

27%

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*

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Corp

*

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Diadem

—

5.|»fn : 2S :
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l
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Warrants
Deer Horn Mines
D'Eldona Gold Mines

•

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Gas

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10%
34 Ma

31

—

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Oil

Canso

10

34

24-%

91

1
1

-

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^%May
H Jan30
Jan

9%>c

9%c

1

—

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Davis Leather class A
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^ :

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ro5

Dairie Mining Corp

D'Aragon Mines

^8y
1""

io

193? a?,*

~1

-

Met Explorations

Natural

10

285

•

31

*

Mines—

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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

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1

15,200

28 %c

29c

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-

Cmc0 Mines Ltd""

;; M 8,523

20 Ms

1

common

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preferred

Jun

9.50

^f|j}

V

l ,}.*

•

Canadian Oil

95c

Feb

9c

18,306

•

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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

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2,985

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—•
25

Feb

600

f

ofi?

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715
•

—•

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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

*