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V£RSITY Michigan 0F MONDAY ISSUE Ml 3 >» *\ Reg Volume 185 Number 5643 General RAILROAD directors on with this cents policy annual May on 17 the basis. common The stock, dividend June on also board also voted, payable June of 3, 28| stock a 1957 dividend stock dividend may interest,necessary dividend of 2r'c* of Stockholders Marine Midland July 30. 1957. sell round will Trust be Co. Fractional fractional them the out the on provided of New record June on 3. with York be date the to Order an to dividend on . 244i. p. Aetna Industrial Corp. (N. The price ■■■i not disclosed. was glove company, founded in fabric. dress gloves for men, Marinette employs more 1892, 15 Reynolds ft Drexel Stock Stock and wide a ' _, if'' f\' • children. of Its ■ Affiliated During stock after 1956. On gain of a -a ' 25 adjustment period cents for per the Hornblower & Weeks 2.5 Paine, Exchange. plant 39 Stroud in V.' '' ' • • •' • ' «.'! V.'- f gain distribution paid Blair St 1.5 C. Converse 35 cylinder gas operations. of $2,775,000. 31, 1957 for The '*•' ' l. -■ 35 In 35 ■')' r'~. Offerings.. tion such equipment to various products include the steel, Industries. petroleum Major and of users chemical the company's industries. Since. 1940, the company has engaged in the manufacture and distribution of oxygen and acetylene gases at various locations in the United States.. EARNINGS—In the five years increased 429 to $1,407,279, "common ended frouv $6,944,694 stock March the to latter 1952-50, total $20,543,192 figure being and revenues net equal outstanding prior to this offering. 31,. 1957 total revenues were to of the company income $1.65 from per $327,- share of For the three months $12,142,255 and net income 1.5 1.5 W. York & Co., Inc. 1.5 1.5 2209. p. Exchange Condition Payable Rates panel. CAPITALIZATION GIVING EFFECT TO shares PRESENT notes— , A, B Additional tCommon ♦The term and stock of has made • arrangements $3,600,000 of an a 1,500,000 shs. 1,191,124 shs. for major the financing on a longof lease plants under the as trustee.. Each series of the secured notes It is other facilities a in Chicago including carbon dioxide plant.—V. an oxygen 185, p. 1629. 1957—Month—1956 from ops. ' inc. $526,885 $2,184,476 $2,073,2«l 356,530 1,574,379 1,476,595 $163,953 expenses ry. 1957—4 Mos.—1956 $561,616 397,663 revenue-- Net railway oper. —V. 185, p. 2209. $170,355 $610,097 $596,666 52,619 59,218 186,171 202,961 , $1,400,000—5Va■ .;* . presently anticipated that on amount of $2,000,000, . will v all be K series issued Alabama, Great Southern rr.—-Earnings— Is payable in 40 equal quarterly instalments commencing 15 months after initial issuance of each series. Interest rates on the principal amount of authorized secured notes are: on $800,000—on $4,400,000— principal • Indenture Co. .'(Philadelphia) AKft; has acetylene plant and Net rev. portion of the cost covering the secured notes, dated as of June 1, 1956, executed by the company in favor of Tradesmens Bank St Trust terms company an Railway oper. Railway oper. Unlimited — (par $1)— company basis $6,000,000 —— i j'-.- will 15 tons of liquid Period End. April 30— Outstanding : C scries switch Akron, Canton & Youngstown rr.—Earnings— FINANCING Authorize * the outstanding ' . threw these plants also produce gaseous nitrogen and argon. plant, on Hill tion already operates plants for the production of liquid oxygen, and argon at Butler, Pa., and Riverton, N. J., and will soon complete construction of similar air separation plants at Los Angeles, Calif., and at Acton, Mass. Airco also operates over 70 plants through¬ out the country for the production of oxygen in gaseous form. Many The also Mr. nitrogen 47 of share, ceremony, produce daily 55 tons of high purity liquid nitrogen, and 3Va tons of liquid argon—is the third large air separation plant completed by the company. Air Reduc¬ 48 per plant—which oxygen, Redemption Calls and Sinking Fund Notices. 48 $808,678, equal to 91 cents prior to the current offering. the of ■"V This Combined Condition Statement of Federal ... meet conclusion welding and cutting equipment. Mr. Hill plant has been designed so that it can be the growing need for oxygen, nitrogen and plant "011 stream." The plant, including related dis¬ facilities, cost in excess of 57,500,000 and is of completely design with push-button operation from an electronic control modern ... to new the put tribution 48 .... The Course of Bank Clearings the related the expanded At that Statement of Member Banks of Reserve Banks that readily 48 Federal Reserve System and gases out argon. 11 Series and Warren 1.5 1.5 Redaction Co., Inc.—Dedicates New Facility— pointed 55 and Declared . principal business of the company is the design manufacture of machinery and equipment and plants for produc-. of oxygen, nitrogen and other gases and the leasing and sale of 1.5 Deane & Scribner. Smith, Hague ft Co. Stern, Farnk, Meyer & Fox Underwood, Neuhaus St Co., Inc. 1.5 1.5 in¬ State and City Bond Its BUSINESS—The Co. ceremonies held on May 27, this company officially production of liquid oxygen, nitrogen and argon at its new multi-million dollar air separation plant just completed in Chicago, 111. John A. Hill, President, commented on the tremendous growth ahead in the midwest metalworking industries which use Air Reduction's ' 'V ' Dividends ♦Secured > Co.— ' St dedication dustrial cor- of Inc St - 1.5 Co 185, Air Miscellaneous Features company expansion Co. St 1.5 — —_—_ Gardner- 35 of investment firms cost V. —V. 10, 1957. Dec. 1.5 Singer, Cooley General Corporation & Investment News. Cover its common stockholders rights share for 170,160 shares of addi¬ factory at an. estimated aggregate also expects to spend $1,400,000 by 1.5 1.5 1.5 started 10. PROCEEDS—The net proceeds of the offering will be used to finance part of the company's expansion program and to retire current bank loans. The company is building a new machine shop and plans the construction of an engineering and office building and a general 1.5 Stiver 35 ."*• a 1.5 Saunders, 45 .; Dec. & Company, Corp. Moore, Leonard & Lynch Penington, Colket and Co 2.5 Co, 1.5 1.5 Laird & 1.5 ft 1.5 - Reinhokit Inc Burge ft Kraus— Bartli Co. 2.5 Bateman, Eichler & Co._ Ball, The offering is being underwritten by a headed jointly by Reynolds Co., Inc.; Laurence M. Marks & Co., and Drexel & Co. & 2.5 : 44 Transactions New York Stock Exchange Transactions American Stock Exchange subscribe at S28 per tional common stock (par $1) at the rate of one share for each six shares held of record on May 24, 1957. The subscription offer will expire at 3:30 p.m. (EDT) on group Co. " & J. National Quotation Industrial Stock Averages SEC Index of Stock Prices ■■■v Air Products, Inc.—Common Stock Offered—This June i— Co Jackson _____ St 2(5 —• 41 ' to St Webber, Curtis Co._ 40 Foreign is offering to Moseley .4.0 Dow-Jones Stock and Bond Averages . 30. 1957 the company had net assets of $372,414,324 to $357,977,445 on Oct. 31, 1956.—V. 185, p. 337. poration S. St & Co., Inc Presoott, Shepard St Co., Inc. Rauscher, Pierce & Co., Inc. Reed, Lear St Co. • F. Weeks 1.5 St Inc. 4.0 Co Canadian Stock Exchange Toronto Stoek Exchange April compared 4.0 Loeb, Rhoades St Co Barney St 1.5 GiUen - 39 from Nov. 1, 1956 to April 30, 1957, share in the net asset value of the capital Peabody St Co.— Carl M. Cruttenden, Podcsta St Co Granbery, Marache St Co. A Johnson, Lane, Space St Co., 39 Stock principal nearly as . 4.0 Over-the-Counter Markets leather Fund, Inc.—Asset Value Increased— the six months' was li.o .—_•. 2.5.- , there ft Co Union Secu-. Hemphill, NoyeS: & Co.—_»s-. Montreal 17G1. p. ' Marks Co 38 Exchange. as Fusz-Sehmelzle Philadelphia-Baltimore Stock Exchange than 350 workers. 180, ■_ St <v - Pittsburgh Stock Exchange Marinette, on May 15. line y directors of Aetna.—V, Kidder, 36 Stock Exchange of; names purchase, ft 11.0 11.0 36 Stock to ft /-A. Inc __________ Dillon, -ritles 36 „ Co., M. Eastman 36 _______ the are agreed Smith, Baker, Midwest Carlton B. Adams, President of Eisendrath Glove, and John J. Wright, Secretary and Treasurer, will continue in their posts, and will be made , St Laurence 31 -.. ' Detroit Stock Exchange....— Aetna . Exchange- Exchange. Cincinnati Stock Exchange stock¬ Industrial owns and operates companies in diversified light and heavy industries including boys' apparel, lumber, road construction, asphalt, concrete, building supplies, industrial leathers, tools and textiles. severally following respective. percentages, such of the shares Co Exchange common stock are reserved under a .options are oustanding thereunder. below Toronto Stock Exchange—Curb Section makes women have the no forth of the company being offered -pursuant to the company's offer to stockholders as may not be subscribed for by holders of the warrants: 27 Boston , The and plan;. stock common (Bonds). American before Y.)—Acquisition—VW r This corporation acquired the Eisendrath Glove Co. of Wis., Walter W. Weismann, Chairman of Aetna, announced of (Stocks)- Stock Pacific Coast >/ option who New York Stock Exchange ";v.•.''. ,*** stock New York * outstanding after that to toj exceed 50.000 shares of ■ respective holdings. 185, t Not i practicable in Stock and Bond Quotations the to or anticipated that the remainder of the series C secured the principal amount of $1,000,000, will be issued on or prior 1957. underwriters nearest full ■" Form executed is also restricted1 Page will be sold and the cash proceeds will be distributed holders who have not issued orders pro-rata to their —v. Copy a 1, UNDERWRITERS—Set 1957. as part of the additional fractional the dividend which remain shares ; In This Issue a stock, common It Nov. to interests buy or stock $1.25 MISCELLANEOUS - 1957. to [■'/■••••'i1'-K-. 1957. receive either to share. . to INSURANCE - notes, in 10-V on 1957 directors stated that they will consider a further stock before the end of the next fiscal year ending June 30, 1958. entitled INDUSTRIAL - I of of stock 28, placing the paid on June The Stockholders Price furtherance be stockholders to policy a In thus will ' The adoption regular quarterly dividend basis. board declared its first quarterly stockholders of record Monday, June 3, 1957 Quarterly Basis— on the announced PUBLIC UTILITY a the share per 40-ce-nt on Pat. Office Corporation and Investment News - ACF-Wrigley Stores, Inc.—Stock The placing the stock 1957 *' Chronicle U. 3 New York 7, N. Y., V i Period End. Railway | B secured during notes July or in the August, April 30— 1957—Month—1956 Railway oper. revenue— oper. expenses - $1,478,110 1,202,539 T Net rev. from ry. ops. railway oper. inc.- Net —V. 135, P. 2231. / $275,571 168,477 1957—4 Mos.—1956 $1,479,006 < $6,120,331 1,330,229 4,757,816 $6,068,170 4,684,295 $248,777 160,161 $1,362,515 $1,383,875 -781,783- 731,712 , and Financial Chronicle The Commercial 2 Monday, June 3, 1957 ... (2554) and Bales /; 4, revenues — 521 and Expenses Costs nar 'Znn'trn (current and future)— taxes •Income 794,183 17,450 consolidated subsidiaries— Minority int. in net inc. of consol. subsidiaries Divs. pfd. shs. of on that "alter taxing the deposition of plaintiffs," they were convinced "that the plaintiffs instituted action in good faith."—V. 184, p. 1118. bringing the law suit to an end, — on to 3-for-l the 3-for-l 1956 after giving effect to subdivision.—V. 133, Railway Railway R. I. Securities and Exchange Commission— With Corp., Providence, Guaranty Files — Net 13 filed a letter of notification with the SEC covering 38,651 shares of common stock (par $1; to be offered to stockholders of record May 17, 1957 at $7.50 per share on a basis of one new share for each tnree shares held; rights to expire June 28, 1957. Any unsubscribed shares will be offered to public residents in Rhode Island and Massachusetts. There will be no underwriting,— V. 184, p. 2009. corporation The May on is there and Electric System England New See 12,675,923 drill 11,935,402 No. 1 Well was spudded completed to a depth of The preparing to move the drilling rig to the the West Negrll No. 1 Pan Jamaican-Base Approved— V. 183, Co.—C. Anaconda Francis Cornelius 135, of care The used ' The in Italy— Resine the said known firm, circles business in ALCREA, as The Italian Common stock ADM from for old resin The It is of one World many in 185, Italy, ALCRjEA was founded in 1936. companies which operated throughout Italian few II.—V. War This 2322. p. and to by terest offered be headed rate, supplied tories Net by sale through underwriting an group maintain to its and of the the the advanced working among vanced to their things, the invested or the will debentures be in used to the respective in subsidiaries bulk for purchase subsidiaries businesses.—V. other such 185, p. or be may purposes as ad¬ & Atchison, Topeka Santa & Period End. April 30— Fe Ry. oper. Railway Net Net oper. railway —V. 135, ry. oper. 49,063,467 196,615,061 189,352,815 Bell Telephone 39,393,503 36.412,571 150,573,632 143,122,012 12,601,467 12,655:896 46,041,429 46,230,803 inc. 5,515,536 6,211,690 19,147,701 21,193,064 Atlanta Period St. Andrews Bay & End. April 30— 1957—Month—1956 Railway oper. revenue.. Net Ry.—Earnings—$364,817 $1,464,567 171,337 167,382 653,549 $1,432,875 660.494 ry. oper. $223,895 $197,435 $811,018 $772,381 railway oper. income 80,374 71 975 291,934 295,425 oper. oper. after Net 1957—4 Mos.—1956- $395,232 expenses Railway oper. —V. income. — 3,526,000 charges— 185, p. $4,045,831 —V. from rev. 185, 2210. p. Atlanta Point The of from rev. ry. ry. operating •Deficit.—V. $342,134 $1,310,016 $1,362°163 290,936 296,943 1,175,502 1,211,524 ops. $43,060 $45,191 $134,514 $150,644 inc.. 13,680 2,962 8,299 ♦27,923 185, p. 2442. Consolidated Atlas Mining Development & Corp.— Law Suit Settled— A 100,000,000 peso an dismissed order of announced The the on court order Exchange law suit filed on May Court 27, 1957, of First May 28 by Colonel Andres dismissed the case copper in favor of Instance upon the in last the Soriano, filing on September, Benguet Consolidated, Bessemer mine in the Orient Railway oper. & Lake aper. revenue— it was Net rev. expenses Marino 22 an¬ Erie RR.—Earnings— 1957—4 Mos.—1956 $6,130,160 $6,612,107 5,925,015 6,692,834 1957—Month—1956 $1,997,083 $2,312,134 1,623,649 1,909,878 from ry. oper. $373,434 $402,256 $205,145 •$80,727 income 398,128 456,770 1,087,248 946,877 Net railway oper. 1957, of a ♦Deficit.—V. 185, p. 2211. in a net was paid on March: 2443. p. and C. I. T. Corp., a subsidiary of C. I. T. Financial by the T. I. Brunswick Murray and Brunswick companies. also will finance future sales Corp. A. O. Dietz, Brunswick to announced enable will of the automatic pin¬ President of C. I. T. Financial Corp. continue selling the machines on a basis. . installation and servicing of the machines, the will continue to be handled by the Otis facilities include 268 service depots, located stra¬ long-term installment The manufacturing, pointed Bensingers Elevator "This across C. and tinued the nation. three-way promote and it, Otis' Co. tegically I. out, arrangement—Brunswick to engineer, sell, distribute pinsetter, Otis to manufacture, install and service to handle financing—insures Brunswick's con¬ the Corp. T. leadership in bowling," first offered alleys, and only a the year said. "Tne automatic already is installed in more Bensingers ago, substantial number of orders is on hand." The Brunswick-Balke-Ccllender Co. is also one of the largest pro¬ ducers and distributors of school furniture and gymnasium equipment and manufactures many aircraft and guided missiles components. See also MuiTay Corp. of America—V. 185, p. 2211. 3,500 a Burroughs Corp.—Announces New Inc.—Announces New Contract through President. May 24, announced the 1934 in the $1 par period, May 25 nounced a contract has been signed covering the sale of 550,090 tons refractory chrome ore fines, the first large sale of this product. Benguet and Consolidated, in addition to this, are .currently pro¬ ducing and selling approximately 575,000 tons of lump ore.—V. 184, p. 3. Railway Philippines $9,447,657 8,0d8,870 Executive Vice-President of this company and President of Consolidated Mines, Inc., on May resulted this 21 May year C. This the Securities Exchange Act of Ralph Crosby, 1956, defendants Manila, . Suspension Continued— Commission on May 24 pursuant to Period End. April 30— ($50,000,000) against this corporation—the largest open-pit —was an months of 195T similar period announced that they have concluded arrangements to expand long-term pay-as-you-go sales of its automatic pinsetter for bowling establishments. R. F. Bensinger and B. E. Bensinger, Chairman and President, re¬ spectively, of Brunswick, said that a part of the proceeds of an initial $25,000,000 transaction was used by Brunswick to acquire full ownership of the Brunswick-Murray Automatic Pinsetter Corp. by buy¬ ing the 50% ■ stock interest owned by the Murray Corp. of America, and to satisfy other advances made to the pinsetter corporation. ■ .2 The Brunswick-Murray Automatic Pinsetter Corp. was formed last A 1957—4 Mos.—1956 $333,996 Olondriz, Net Net and Securities 185, enaDle will than issuance taxes, Income Federal for comnany on tuac pinsetter, trading on the American Stock Exchange capital stock of this corporation for a further ten-day to June 3, 1957, inclusive.—V. 185, p. 2322. RR.—Earnings— 1957—Month—1956 April 30— Railway oper. revenueRailway oper. expenses 10,747,874 as Brunswick-Balke-Collender Co.—Financing Program This Corp., 2095. suspending West & Period End. 2,874,170 Profits Rise— products for the first three compared to $1,080,761 for the company's provision 1957—V. 29, will expand the photographic, music $3,333,890 $12,294,305 Industries Corp.—Sales & pared to $580,536 at the end of Df",nrnbor 1°^6. A regular quarterly dividend of 7Vic per share 1957—3-Mos —1956 $26,889,401 $87,077,732 $78,317,045 19,246,893 56,609,700 56,620,465 2,968,800 11,057,100 8,371,600 1,350,192 1,334,818 4,116,627 3,877,323 Bellanca Corp.—Listing Net Net Consols Line— 1957—Month—1956 taxes.— 1383. $109,679, compared to $58,033 in 1956, or 46c per share, to 24c, as adjusted to reflect the number of shares out¬ standing last year. Total assets as of March 31, 1957 were $1,715,515, compared with total liabilities of $923,3i9. Tne surplus stood at $672,198, as com¬ Operating revenues.— $29,241,434 Operating exoenses 20,257,511 Federal income taxes... 3,587,900 Other 30,700 — — year. After through — $115,920 this of 101,61T 78,309 11,081 — — profit of compared Co. of Pennsylvania—Earnings— Period End. Mar. 31 2322. p. sold 31, 1957 $2,093,262 expanse—_— (net)—_— taxes income MARCH —. and field overhead——1,755,635 deductions for . J—— $1,683,236, last He added that this company now for operation late in ENDED QUARTER FOR depreciation etc., 185, p. Sales dealers and consumers. recorders, stvle mobile barge for deep 46 income were of high stated. tape launch its ninth submersible protected waters. The drilling of their large land rigs to> v-!' , operations administrative gas British $ ops. expenses from rev. 51,994,970 revenue $ $ -V. one Kermac new STATEMENT and setter, $ Railway of and Net restrictions prohibiting the part of the cost to drill oil the of revenue Provision appliance stores.—V. 185, p. 1633. and to from , Interest, Records, the hands of Percy Mr. distribution 1957—4 Mos.—1956 - Outs.xnding Magnetic tape recorders will continue to be an important area of Bell Howell's electronic engineering, manufacturing and marketing pro¬ grams, Earnings— 1957—Month—1956 in month . year. General and now this transferred be construction Drilling cost, v Percy stated that the sale consoles relate 1038. trip flights between Newr York round drilling is on schedule and will be available Contract includes only the company's six phono¬ phonograph-radio-tape recorder combinations, ranging in $595 to $1,800. Bell ds Howell and Columbia will each continue to manufacture and sell its own line of tape recorders. He said Bell & Howell accepted Columbia's offer in order to devote capital, manpower and facilities to the expanding requirements of its photographic and tape recorder Jines. Columbia will take over the servicing of Bell & Howell high fidelity of be including, purposes, receivables, of for such will INCOME from price capital of the company but will be initially of short-term notes due within one year. in the units. Mr. graph increase capital may be used for the purchase ordinary course of its financing activities, may invested or other of primarily engaged are working the in to sale reduction additional receivables subsidiaries line Columbia to departed for Bogota via Washington, Miami expects company The water lOO.OOi) shs. 100,000 shs. 4n Texas, Its' p-lncipal busi¬ Howell Co.—Sells Hi-Fi & company's sold Inc.—Service Starts to Colombia— Airways on May 15 inaugurated the first U. 8. York and Bogota, Colombia,> when its DC-6 New Conquistador" plane equipment this barge. fidelity radio-phonograph consoles has Inc., a subsidiary of Columbia Broad¬ casting System, Inc., it was disclosed on May 20 by Charles H. Percy. President of Lell & Howell, and Goddard Lieberson, President of Columbia Records. The sale became effective immediately. There will be no interruption in the manufacturing, selling and servicing of This amendment. proceeds applied to public gas been automobile financing and insurance incident thereto principally in terri¬ east of the Rocky Mountains in the United States and Canada. sales The for Is incorporated With Brewster-Bartle Drilling Co., Inc.—Drills— 826 Amarillo however, will be subject to the from being made liable for any tests.—V. 185, p. 1150. Bell registration statement with the SEC on May of subordinated debentures due June 1, a Salomon Bros. & Hutzler and Lehman Brothers. The in¬ public offering price and underwriting terms are to be Associates or SEC— covering $20,000,000 1957, 1977 filed company activities, company Associates Investment Co.—Registers With 24, acids, fatty years. manufacturer the chiefly materials, purchased has at 2443. Panama. This Building, Amarillo, Texas. The company proposes to buy, soil, or ueai in oil and gas properties including producing and non-producing oil and gas royalties and minerals, primarly in the Texas Panhandle region. A limited amount of trading and investment is contemplated in leasehold interests, which will most often be incidental to development of drilling blocks. Such is located olfice ness between drilling barge for drilling in shallow ana ——I i (par $2) BUSINESS—Company of company FINANCING' p. capital. working service Oil PRESENT Authorized will soon of 20% down namnent for purchase of pro¬ royalties and minerals; and fox EFFECT TO GIVING 185, May 17 filed a letter of notification with the of 7% 10-year debentures to be offered in without underwriting. The proceeds are to be on Initially Eraniff will fly three and Bogota.—V. 185, p. 1882. to be used are non-pioducing oil and gas and CAPITALIZATION synthetic resins, .copolymers, plasticizers and foundry core oils and binders based on ADM research and know-how. ALCREA, located in Milan, will continue to produce its own line of resins but will use ADM trade names on many of its new products. production begin proceeds for "EL instalments. net corporation Braniff International air general corporate purposes. basis. royalty He resin manufacturing concerns. Afflni, to make a number of e ducing of Azienda Lavorazione ADM products on a Daniels, largest Colori PROCEEDS—The disclosed on May 24 an expansion move into Italy. President, said the company has licensed one company L. T. York City. > Archer-Daniels-Midland Co.—Expands Italy's Committee 32, Chairman of the Executive the board, died on May 12 in Ne.v of 1269. p. Dies— Kelley F. • Inc., Loan, Braniff Airways, Certificates will be issued within 33 days from date of payment ux xm.1. Tmxe p^menc contracts ^.4 bear 5% interest per annum on the outstanding balance and a contract may be cancelled by the purchaser at any time. > All subscriptions paid in will be deposited in the American National F">nk ol Amarillo in "Basin Royalty Company Escrow Account" and held in escrow until $20,000 has been pa d in as- requlr.i1::by Texas-' S.atutes. At such time, and alter due action by resolution of the board of directors, actual operation of cue company will De«ixi/ 7 If $20,000 is not paid in all money received for subscriptions will be refunded, otherwise no refunds wiil be made. 165, p. 606. 2211. covering $250,odD multiples of $100 each, and Subscription will be accepted for cash r.r terms capital working company's the Kelley, former Chairman and —V. take to are in its expanding operation.—V. p. United Supply Stock—:< below.—V. Corp. Graham-Paige SEC . and 12 equal monthly funds These due 1987.—See also V. 185, series F, Coatesville, Pa.—Files Securities and Exchange Commission--;: April 17 publicly offered 94,900 shares of com¬ stock at par ($2 per share). No underwriting is in¬ volved. . 4 Brandywine (Tex.)—Stock Offered—The com¬ Co. Basin Royalty mon 339. p. 182 Tremont St., Boston, Mass., will up to noon receive bids for the purchase of $25,000,00c first at June on See V- 106. p. 185, Botany Mills, Inc.—Acquires drilling the below.—V. Co. Motor Edison Co.—Bids for Bonds June 4— company (EDT) using in Biyth & Co., Inc. of $5,500,000 15-year 5% debentures to a group of approximately 12 Eastern institutional requirements White Boston expended in the neighborhood of $750,000 in ex¬ the most modern and scientilic methods, which cul¬ of Base Metals Negril No. 1 Well. "Jamaican Stanolind Oil Co. have changed their name to Pan Jamaican Oil Co. The parent company, in Tulsa, have changed their name from Stanolind Oil & Gas Co. to Pan American Petroleum Corp., in view of their widespread activities for exploration for oil in Canada, the United States, Cuba, Venezuela and Jamaica."— minated ^ Sells Reo Motors, Inc. Assets- "Base ploration, - Ltd.—Jamaican Operations Well. Metals has to ; a - "But until something now are District President, on May 28 said he is negotiating for of Diamond T.: Motor Car Co. stock— Den Uyl, number of people," Mr. Den Uyl is concluded—if it ever is concluded—I am duty-bound to keep quiet about it." His remarks followed a denial on May 28 by White Motor Co. that It was negotiating for the assets or stock of Diamond T. 26,343,823 4,345,077 Brass Corp.—Plans Sale of Dia¬ Aluminum & he said, 125,850,547 30,935,507 Metals Cockpit and has been drilled and Metals , $0.21 declined to say with whom. "We have held negotiations with a pany on . $0.18 (562,826 share 1039, per p. mortgage bonds, ranged—George I. Long, President, on May 23 announced the completion of negotiations tor the sale through investors. shares).——_ 185, Simon D. 8,468,298 Jamaican-Base 10 Jamaican "Pan City, Calif.—Private Sale Ar¬ Ampex Corp., Redwood $118,752 the sale of Bohn's 137,480 shares feet. Negril 185, p. 606. below.—V. $102,142 Bohn President, on May 22 announced; Cameron, April on 5,534 a Electric Light Co.—Merger 321,856 ,—■_—___1——— mond T Shares— - , Metals Mining Corp. Pan "The in underwriter. no Amesbury 2442. Douglas C. registration statement with the SEC on May 24, 1957, covering 500,000 snares of its $1 par capital stock. The Fund is a newly organized investment company. Burton H. Jackson is President; Securities Cycle Research Corp., is Investment Adviser; filed corporation This inc.— oper. 279,336 264,796 i income income but 31,867,888 123,964,139 8,772,260 3,489,686 ops. ry. $719,944 327,937 income —V. 40,336,186 154,899,646 152,194,375 40,586,093 31,813,833 $694,875 _ —_—— see Commission— Securities and Exchange from p. Base With (N. Y.)—Registers Fund, Inc. Income American 185, —V, expenses oper. rev. railway Net revenue— oper. Net 1956 $705,274 14,670 —— Net $ $ ——_ expenses Total Other $ 1957 $680,103 14,772 and gas— Operating expenses 1957—4 Mos.—1956 1957—Month—1956 April 30— $ 2413. American this RR.—Earnings— Baltimore & Ohio Period End. 18:/3c per share share first quarter, U. S. tEquivalent to U. S. 20c per first quarter p. after giving May 4, 1957. outstanding at end oi each period subdivision which became effective shares the tBased effect 1956, million so credited in S18.5 the the $5,398,739 during Lower— Bishop Oil Co. (& Subs.)—Earnings Quarter Ended March 31— ox crude oil, natural gasoline Dividends and other income — been elected President of this Cleveland (O.) manufacturer of gas and electric materials-handling trucks. He was formerly Vice-President and General Manager of the Hyster Co., Portland, Ore. Mr. Caldwell succeeds Percy L. Douglas, who continues as a director of Baker-Raulang and Executive Vice-President of Baker's parent company, Otis Elevator Co.—V. 178, p, 1874. _ compared with net sales amounting to period last year.—V. 185, p. 2095. as year, Sales has Caldwell Eugene Co.—Sales Rise— corresponding the Baker-Raulang Co.—New President— — 1898. p. Brooke, Clynxer this ; 14'95«89ei tProfit per share —_ fO-,50 ^Aluminium Limited dividend : 5,772,903 5,478,568 •On the basis of present construction plans it is estimated that the portion of the income tax change for the full year 1957 that will be credited to "Reserve for Future Income Taxes" will somewhat exceed income Net -V" 177, Co..belo« Die President, on May 23 told stockholders that profits so far this year are in excess of profits last year. He r.aid that the company had pet sales of $7,051,889 for the first four months G. company, and on behalf of Mindanao itself, which formerly had owned properties acquired by and being operated by Atlas. The court action was taken after the plaintiffs acknowledged that "After a thorough investigation of the facts" they are convinced "that no liability, actual or contingent, exists against the defendants by reason of the acquisition by Atlas from Mindanao of the mining prop¬ erties located on the Island of Cebu in the Philippines." The defendants, which included Colonel Soriano, acknowledged in (in Canadian Dollars) j ' y :.vt 1 g yy \ > • It Birdsboro Steel Foundry & Machine plaintiffs were Edythe F. Heyman, Lester Osterman and the firm of Abraham & Co., who sued on their own behalf as stockholders of Mindanao Mother Lode Mines, Inc , a Philippine mining The brokerage 1956 1957 Ended March 31 — Three Months court fees and expenses. Control— Foundry & Machine Co.—New supmbr Tool See provides for a token payment of and ment -Earnings Higher— Subs.) (& Ltd. Aluminium defendants. individual Bethlehem plaintiffs, all of New York, and Atlas and other The order of dismissal constitutes a final Judg¬ $7,500 to the defendants for joint petition by three Co., Chicago, 111.—Files With SEC— The corporation on May 16 filed a letter of notification with the EEC covering $100,000 of 10-year 12 7« Employees Participation Cer¬ tificates to be offered at par ($50 per certificate! to employees and retired partners of the company based on years ox service and mutual agreement of the retired partner and the partnership. There will be no underwriting. The proceeds are to be used for working capital. (Vern E.) Alden new high-speed mechanical mation for sale Called to and the bank bookkeeping Development— machine, combining electro¬ principles to bring a high degree of auto¬ time-consuming posting operation, vas been developed electronic by this corporation, it was announced cn May the Sensitronic, the compact new machine 18. uses electronic code stripes to perform most of its post¬ ing operations without assistance from an operator, according to Ken T. Bement, General Sales Manager of the Burroughs Division. Mr. Bement said the key to the electronic controls is the use of three magnetic code stripes on the back of the form to store the account number, item count, account balance with sign, line, selec¬ tion, alert notice and code checking information. The smudge-proof stripes cover only two-thirds of an inch on the back of the form, allowing space for other printing use. Despite the magnetic code, Mr. Bement pointed out, the Sensi¬ tronic is able to handle a variety of forms, permitting ba 'kers to components and magnetic specify the printed results desired on the form.—V. 185, p. 1882. Volume 185 Number * 5643 . . The Commercial and Financial Chronicle . (2555) Butler This Brothers, Chicago, I1L—Registers With SEC— corporation EEC covering right to purchase amendment. franchise tract between owner is to price the under Butler The holder right the Brothers stock; at a price to be supplied by is based upon rebate paid to the provisions of the franchise con¬ purchase the terms Butler Brothers and the store The owner. store the fractional Brothers is engaged 2211. will be offered sold. nor - . , . . Mr. 185,. in the first according to Co.—New He will continue K-i'NorriS replacing Norns was as at five the Barnesville, Ga. months,: 185, President— were publicly offered on May 21 through Hemphill, Noyes& Co. and associates at 100% and accrued interest, were quickly sold. See details in' V. 185, p. 2444. % Frank P. 1S56.—V. President Gage, Chairman was Corp. until July, of on 27,'* May President as and was also ^ • resigned. who the 184, held was Colonial Stores Inc.—Debentures Sold—The $5,000,000 sinking fund debentures due May 1, 1977, which' ; 715.' p. Colorado the of Board of - Utica v a Drop Forge & 1 " ; , Butte Copper The directors stock two 75 payments yearly. cents The compared 1955. In action time. 1956 reports it with it . had k . the on The paid the on capital of has been making share in June and company 25 cents per * »' . - . The c report noted ing plant was stockpiled and after settlement costs over that during the down for reconditioning and ireated.frValue of ore is added is received. income—a gross Butte total Copper's of the to share $234,472—is Buzzards Bay 350 EEC at company covering The 5,840 ($25 par May proceeds to are pipeline.—V.' 185, of shares sharer, per be prior stock Burr; & the i notification of Inc., purchase ';/'/ of with be to r- meeting, scheduled Tiie proposal calls for 625,000 shares from new about involvod program increase an V"v,Vv'£- ; present 325,000 owns producer of wrought iron pipe. y: The Byers spokesman said the because "we and common ate did plans" not using statement said it The He proposal the been voting strength of said additional had the it is a withdrawn desirable for expansion purposes.—V. Y. and Endicott R. company's Board ,, 185, p. 1039. 506,017 • - Lovell, President for retirement Chairman 13 been Executive mutual fund, the first having 195.8. created in the United month. fund in Canada, is five years old this publicly on April 30, 1952, and the "open end" basis as of May 15, 1952. an First ;/.. : • States Shares became the Pfd. "" ••• estimated Power ; - - . for stock Common but in¬ .: the first public offering April to cumul. it shares from grown * $10,611,000 by Calvin Bullock, •investment has On a share per of managers total 17,000 shareholders. than more $44,648,000. to Ltd., companies whose basis, the The a agreed on of which U. exceed S. is value of Canadian A. : investment • of As of 47 April 30, of while •17.95% and oil $1.80 per Fund, stocks. common and shares which metals of and paper Its companies, gas the pulp Inc. and held holdings represented mining companies diversified a bonds to EFFECT represented of Scurry-Rainbow Oil Ltd. below.—V, 185, in-the will —V. the Chase Manhattan $45,000,000 line of plans to purchase of $1,870,171 >1956 & PRESENT under the although with with operating " them because it has decided turbo-prop and jet aircraft. $1,043,085 revenues the for Co., & Inc Co. F. 7,500 Inc.— S. were to up Paine, 7,500 ' ating lor like as yet planes however, $260 000 month of. $42,COO market 'these April, of profit the deficit 'new for of a for the year with and net earlier. The compared last year 10 Constellation said, company 4,000 Chas. M. Kidder Co & & ner & Co., Inc. 1 10,000 Inc Co., Lynch, The • operating an profit of loss failed airliners. Money from to have formed part of the financing of ' Indenture is was of & that up have to were for orders are been 15 delivered Vickers Jackson during the the Inc. said it also has decided not to proceed acquire 10 Comet IV jet liners.—V. 184, p. 106. : . Capital Reserve Corp., Washington, now W. & This corporation 1957-- to "in its Potomac filed registration Plans for an amendment Electric Potomac statement the with Co.—V. Power covering the an Scranton & Co. Anthony Day SEC & R. 1956 L. May 10,000 7,500 to 183, p. North & Western $1,014,000 expenses ry. * 2212, p. 1 Railway The corporation, which letter of a stock common to be The proceeds 16 May 185, $994,000 $3,522,000 ■able of M. B. ultimate on Railway is in a at to. be are plans to to Net Net 185, 692,743 objective publishing business, on the SEC covering 5,000 shares ($10 per share), without under¬ to uscu purchase equipment, etc. Chrysler consumer Assistant priced to is ; the on refail at to to make to y market around later ing : ops. $140,458 $183,503 $540,307 93,941 216,106 p. 2322. " ' ' " Horace A revenue— oper. rev. ry.' expenses from oper. 185, C. See p. I. Airtemp's market" new was in Airtemp car owner car with 5%% a prices the financing incurred, in of the will connection proceeds be used prices with the be used will from set construe-: for con¬ >, > electric light and power of 224,000. of gas all are in West Texas have and named the company & Co., & below have respective severally principal agreed Seibert, President. Published twice made ——: $1,750,000 500,000 Inc 500,000 Co. 250,000 2444. p. E. Connelly, conditioner in Executive Vice-President, the .new installed.—V. car. 185, air p. ry. has been elected Presi¬ John F. Connelly, who has Seal Co. The latter will Texas Pacific Ry.—Earns. $1,596,705 $5,009,748 698,673 805,714 2,862,312 20 authorized the 185, Foods company 1883. p. concession Corp.—New Service Co.; New Co. , . 185, p. of 185, 65 1151. See York—Registers With SEC— which may be purchased under the plan.—V. 1,000,000 plans — On account of the fluctuations in the operates cents per Secondary Offering — of exchange, remittance for foreign subscriptions and advertises ents 185, p. 1272. . shares of offered at ' $10 V.185, , must be , A share. It was oversub¬ Gas Co;—New Director— a chain of . restaurants. He is also including United Airlines, Inc.—V. Co. of 185, Stouffer director p. 2330. Toronto—Acquisition— Interprovincial Utilities Ltd. Continental per p. Air below.—V. 183, p. 2535. Lines, Inc.—Stock Sold—The 230,000 stock (par $1.25), which were publicly May 23 by Lehman Brothers and associates share, were quickly sold. For details, see common on 2444. a rate for ' * company and the Employees Thrift Plan of Cities Service Co. participating subsidiary- companies,-filed ar registration, statement the SEC on May 23, 1957, covering $5,390,000 of participations the said thrift plan together with 80,000 shares of Cities Service stock of immediate * Corp. Natural Consumers Gas with common increase 2330. p. corporations, and .in no the which other Contract— above.—V. has B. Stouffer of Cleveland, Ohio., has been elected a director replace Carl N. Osborne who was not a nominee for re-election. Mr. Stouffer is President and Chairman of the Board of Corp., Brunswick-Balke-Collender an stock. common that stock.—V. Consolidated 2,793,375 Financial new May on stated Vernon to $5,279,503 income— probably sell a new issue of mortgage bonds Searing, Chairman, said at the annual meet¬ outstanding, Mr. Searing noted. authorized scribed.—V. 1957—Month—1956 1957—4 Mos.—1956 $3,668,617 $3,845,203 $14,574,828 $14,669,662 2,442,713 2,248,498 9,565,080 9,390,159 $1,225,904 R. secondary offering of 63,000 shares of common stock (par $1.33%) was made on May 20 by A. C. Allyn & Co., „Inc. and Weinress & Co. at $15.50 per share, with a deal¬ conditioner 2096. ops. the Consolidated Mr. er's & loans Searing issuing . recently, $300 will H. stockholders Mr. of avail- America," this year, in on Charge , NOTE: of amounts below. , (Reg. U. S. Patent Offioe) William B. Dana. Company, Publishers 25 Park Places New York 7, N, Y.^REctor 2-9570. Herbert D. Seibert, Editor and week Tevery Thursday (general news and advertising issue! with a Publisher; statistical issue, on Monday}. Other offices: 135 8. La Salle Street, Chicago 3, Illinois (Telephone STate 2-0613); 1 Drapers' Gardens, London, E. C., England c/o Edwards & Smith. Copyright 1957 by William B. Dana Company. Reentered as second class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 187& Subscriptions in United States, U. S. Possessions, Territories and Members of Pan-American Union, $60.00 per year, in Dominion ot Canada, $63.00 per year.- Other Countries, $67.00 per year. Dana an 25,750. purchasers the forth THE COMMERCIAL AND FINANCIAL CHRONICLE William the by May 20. bank shares This President and Treasurer, announced on May 28 will douDle the manufacturing capacity at its seventh bonds, operating revenues of the company for the year $11,427,202 anu net income anioumeu to $1,497,109. corporation on on The ,, air 2212. T. Cities . Carter, the company the struction r 282,657 inc (William) Carter Co.—16% Sales Rise Forecastthat loans, from $642/553 57,749 ry. oper. of Mr. Searing said the financing, plus new bank borrowings slated to begin in June, will be used to help pay part of the utility's 1957 con¬ program totaling $146,000,000. The company presently has to Widen Car Vice-President the every Cincinnati, New Orleans oper. This , no make basis Period End. April 30— 711,825 from rev. railway V. 157,567 of bid a Consolidated Edison Co, of New York, Inc.—May Sell Bonds This Year—Stock Increased— of 167,942 for of this company to succeed his brother, elected President of Crown Cork & continue as Chairman of 1957—4 Mos.—1956 expenses oh Connelly Containers, Inc.—New President— Robert newspaper par wider a Smith, nationwide a Introduced $1,354,384 oper. award won at dent. notification with Smith/declared.- —V. $1,233,050 100.57% redeemable been Sales. Net $341,075 1151. p. $3,760,000 • offered "available by Railway $308,400 bonds Stroud Chrysler Corp.—Airtemp Launches Plan /Railway revenue.- oper. bid be natural population Thomas Chinese World of New York, Ine., New York, N. Y.— Files With Securities and Exchange Commission— 2642. 1957—Month—1956 Co. proceeds with served aggregated 1957—4 Mos.—1956 ' Period End. April 30— working r of Ry.—Earnings— the 185, Halsey, Stuart & Co. Inc.— Shearson, Hammill & Co. 1957—Month—1956 revenue— * Deficit,—V. 185, 'Net Carolina maintain or subsidiaries for such purposes- or for their respective businesses; or initially of short-term loans.—V. to and the balance in progress. now purchase new 255,408 24, stock increase invested in will PURCHASERS—The 7,509 —— $905,232 $1,000,000 on $109 EARNINGS—Total 2,509 128,081 * common 1,761,453 $1.01 Texas and New Mexico, and incidental to its electric ..and gas businesses sells appliances. Territory served by the company with electricity cover's 67 incorporated towns in Texas and nine incorporated towns in New Mexico and atijucent rural areas, with an estimated population of about Towns Dean Witter & Co 10,000 Announcement Capital with plans to additional to reduction & bonds to pay bank estimated 102,357 C.—Registers Systematic Accumulation of used be relate the to Peabody program, struction 2,500 *60,638 conditioner year. * 15,076,653 1,631,038 BUSINESS—Company is engaged in the .and gas businesses wholly within the States 2,854,768 is D. or as new company Air Conditioner Market— of the Exchange Commission— to purposes Kidder, 7,500 Co., Inc.— $904,339 , With Securities and will .PROCEEDS—Net & Co 2329. p. End. April 30— writing' turbo-prop liners of rest Airlines, " 1956 838 111 17,786,976 ' proceeds other 7,500 Saxton & 3,017,661 "Our Viscount l: case/; 7,500 728,216 planes the company wanted to acquire. held * ' 1957 $19,418,814 $16 regular redemption receding from 106.88% to par, and at special redemption ranging from 101.875% to par, plus accrued interest in each Shares Co.—— $265,734 t Being ;i__ — be applied tion 830,726 of a some " : approximately 5.25%. The underwriters the bonds at competitive sale May 28 unlimited $183,284 a sale the Community Public Service Co.—Bonds Offered—Halsey,-Stuart & Co. Inc. and associates offered on May 29 $3,000,000 of first mortgage bonds, series E, 5%% due June 1-, 1987/ at 101.875% and accrued interest, to yield 65,538 shs. oper. , $49,000 the be extent of Connelly Containers, Inc.—V. 184, p. 916. ■ oper¬ find will programs on May 28 filed'a registration statement with the* SEC proposed issue of $75,000,000 of notes due 1977, to be offered a net The Net iaihvky oper. income in against to ' coupon. White, Weld & Co . Beane 185, Net rev. from ■' of $250,000 has company common the Subs.)—Earnings— — share may against an income' be advanced may 1,016,141 shsJ. Pressprich Tucker, 2,500 Pierce, Fen- Railway oper. Railway. oper. ■ v indicate to capital, of the company,.:which Inturn-may be used for the* purchase of receivables'in. the ordinary course of the company's financing activities) ./ Webber, A. . Estimates and required for' the 1957 construction 185, p. 2330/;//' !'/..•"//';./" .y". sale^through an underwriting group headed ;by The First Corp. and Kidder, Peabody & Co. The interest rate, public of-? fering price and underwriting terms are to be. supplied by amendment- Outstanding Curtis G. Hutton May 21 filed $19,269,371- - 'installtrient secUrttles company Central Vermont Ry.—Earnings— up months of additional Boston $19,204,000 Moseley 7,500 E. Period 1957,. quarter three same of The 2444. p. public ^ 185', hold to The for Connec¬ • 16,000 & v >" net loss for the March, a $1,300,000 notel 7 Commercial Credit Co.—Registers With SEC— 7/'/: : " W. the } and Co.x $8,100,000 expenses 185, / covering FINANCING Shares Co._^^_____ Becker Kormendl notified a group of 24 banks, headed by of New York, that it will not be using a has reported compared $11,872,869. 7 Lank credit new The corporation ; May on stock Gas ihstallment t ' corporation 224,750 periodically by the subsidiaries when other such subsidiary, 1,076,026 shs. R. total Capital Airlines, Inc.—Delays Expansion Program— and earning* Earnings , per be 1957 years 98,652 shs. -V"'' ;'''/%/'!/M . 7,500 ; The Sold and Costs . restrictions. 2096. * p. common, Fuel Columbian Carbon* Co. (& underwriters Kidder, Peabody & Co Canadian Pipelines & Petroleums Ltd.—Amalgamation See TO Weeks represented 14.60%.—V. $1,500,000, Authorized issuable certain list in were 18.90% companies Ohio / 3 Months Ended March 31—* ' " Sales* 1 420 390 named below have severally from the company the number of shares of the offered hereby set opposite their respective names below; Allyn & Merrill 1746. p. G. —V. Inc., largest . W. share. Canadian 1957, Canadian shares assets, of income Inc. . . Hornblower & now has increased from $11.79 on April 30, 1952, to $20.19- on April 30, ,1957, a rise of 81%, adding back $1.14 in net securities proxies dis¬ tributed over the period. In addition, the fund has paid dividends from net C. A. Canaoian Fund, 274,351 57,670 ' purchase stock Hallgarten managed and Co., Sheet) value)— r outstand¬ assets have $400,000,000, exceed Balance par of subject to common A. asset net Fund, group assets .to value)_—_ par (see ($6 amount is ($100 ser. stock - 30,'1957, r ' * • From - ing have increased from 900,000 to 2,100,000, and total net 69,572 100.14%. GIVING UNDERWRITERS—The ; first were not series Outstanding 1766. availaule % , additional' The iunds/.are subsidiaries,—V. $4,314 177 922,159 ; $19,400/000" of issued and * • of and and that bonds: Outstanding the of p. - 1957—4 Mo^—1956 389,679(!. ' • mortgage ^The vestment * 176, ■*: ■ < > Electric 801,y05 $536,036 ' Now Exceed $44,000,000 oilered * reached Chairman named Committee.—V. Canadian Fund, Inc.—Assets This who years, has age, the of notes; and amount, "CAPITALIZATION Executive Vice-President, has been elected Presi¬ Officer, effective June 1, 1957. He succeeds Executive normal and $1,300,000 purchased proxy Hecla, Inc.—Changes in Personnel—- Bassett, Chief to 1791. $1,225,541' ■: $1,128,554:' $3,777,279 . Horace dent 184, p. Jersey—Earnings-—■ 1957-^Month—1956* * " $685,179 on May 28, has issued an order-authoriz¬ ing The Columbia Gas System,- Inc., to make additional investments in two of its subsidiaries, as follows: Central Kentucky Natural Gas Co., : office of immedi¬ A Y—V. its Power Authority the State of New York will become the principal source of electricity by the company. Principal business activities of the terri¬ tory served by the companies are agriculture, manufacturing, quarrying and recreation. existing "no requesting. of oper. income 185, p. 2444. $140,239' Columbia Gas System, Inc.—To Increase Investments—* sefving areas having a total population of 255,000, representing approximately 53%. of the population of Vermont and 3% of me population of New Hampshire.' They also, supply at wholesale ail or a substantial part of the elec¬ tricity* required by ten other utilities, if is: expected that by July1959, the St. Lawrence River power development of the original the had company stock N. ticut .''.'"Vsplit dilute to the was Calumet & x want preferred stock." for shares. 1, BUSINESS—Corporation and its wholly-owned Valley Electric Co., Inc. are electric utilities . majority interest in Byers, a p. 2212. undetermined and shares. Co. York removal railway $181,430 The SEC, it was announced 15,971^577 invested Kin .Vermont* stock common temporary New New Net-rev; from Ty. oper: railway oper. income an f ?.//'/_// authorized in 1,275,000 to The General Tire & Rubber j, increase the • be' 185, 1 PROCEEDS—Net proceeds from the sale* of these shares will be applied principally to the repayment of $1,950,000 outstanding shortterm borrowings incurred for interim financing of construction" and the purchase of common stocks of Vermont) Electric Power Co., Inc; The' company's construction program for the year 1957 is expected to result in the-expenditure of about $1,750,000. In addition, approxi¬ mately $50,000: will, be, invested- in-Yankee Atomic Electric Co; - • :i: ior an of $1,337,941: 880,091 Net ' " to Central-Vermont Public Service Corp.—Stock Offered —Hallgarten & Co. and associates on May 28 offered 125,000 shares of common-stock f par $6) at $F7 per share. May 7, - was postponed to June 17, Holders will vote on a recapitalization program, but it will be consider¬ ably changed from that announced last March. ' to and $3,210,698.—V. ■f:■ , The" company -has' withdrawn a proposal for a 3-for-l* split of the stock, if was announced on May 3>"/V / /-*•/■:- ."'/ •/' special installments than . common A 2001), 1957—4 Mos.—1956 $1,565,270 Columbia Broadcasting System, Inc.—Unit Expands— See Bell & Howell Co. above.—V. 185, p. 2212. 7 * . revenue!-$5,149,808*; $5,127;287 $19,567,698 $20,285 754 expenses 3,924,267. 3,993,733s 15,790,419 oper. ;—V. lbo, offered * s:*/ (Room Net the /v/" oper. Railway Boston, Mass, the Barnstable , Ave., End.* April 30s— Railway (A. My) Byers Co.—Drops Plan to Split Stock—Plans Recapitalization--"/; ■■■; Period deductibles-from'the prefeired Coffin for used- ' letter a 6% through 819. p. filed 22 Fifth the announces Central RR. - Gas on less not from ry. oper. rev. stock • Co., Hyannlss Mass. —■ Files- With Securities and Exchange Commission— ''"Vj'* : v" The Net —V. • company 1957—Month—1956 $391,447 $329,914 210,017 189,675 expenses office York, N. Y„ receive bids equipment trust certificates, semi-annual costing the at New $2,550,000 equal 3, was company's share of net proceeds- from saies in luture periods. Butte Copper's portion of' excess of costs is $166,432, to which is added am adjustment of $3,040 for ore mined from the Ella Claim, and an advance of $65,006 received from the Anaconda- Co;—V". 174, p. 798. 1 of 30 June on Central-Illinois Securities Corp.—Moves Office— proceeds only this excess* of of it in equipment - This . r'x mined ore net Incorporated, from' mature new (EDT) noon - 1957 period Anaconda's concentrat¬ shut not to by to up Co. . company said operation of its manganese mine, run jointly with Anaconda Co. for the three months ended March 31, resulted in costs of $332,865 in excess of gross income. ". , & purchase D, 2443. •p. The ',Vk^ Morgan the series will company P. secured for the first quarter of. the first three months *; in $3,559 J. for //'/v*!'.//-' //r%v/:V/vV■'fe of , dividend loss of $1,029 a profit a The - no this at share in December. per company 1957, ol taken declared oper, 1911. p. Central of Georgia Ry.—Bids June 3 for Certificates— Zinc Co.—Omits Dividend— & have normally Wyoming Ry.—Earnings— , Railway Tool Net ■>, & Period End. April 30— Railway oper. revenue •. elected 3 of 4.90% expected' are Mr| Career;—V. director. a elected . - „ 12 % 1956, Foundry expansion June. in rose of meeting of the board of directors which Nolan, Jr. requested that he be relieved director Butler in the distribution of general merchandise.—V. " . shares which ahead a J. James . An $800,000 completed 1957 company. provided, no At J. per that be 16% Central • the opportunity to buy the number of shares equal share divided into 50% of the amount of rebate paid* franchise contract for the calendar year 1556, will be • and Thomaston, Ga. Sales in . to offered however, p. 28 filed a registration statment with the of its $15 par common stock. The company of the Ben Franklin Franchise Holders the to under in plant May on 40,000 shares offer- certain to proposes mill made in . New York fund*. Commercial and Financial Chronicle... Monday, June 3, 1957 The 4 (2556) Offered—This corporation is and preferred stocks of record on May 29 rights to subscribe at $13.75 per share for 173,970 additional shares of $7.50 par value common stock on the basis of one new share for each six common shares or each three preferred shares held. The offer, which will expire at 3:30 p.m. (EDT) on June 12, 1957, is being underwritten by a group headed Dorr-Oliver, Inc.—Stock Birmingham, Ala.—Stock Offered —The company is offering to its common stockholders of record May 27 the right to subscribe on or before June 20 for 143,298 additional shares of common stock (no par) at $30 per share on the basis of one new share for each share held. The offering is underwritten by Courts & Co., Atlanta, Ga. and associates. The net proceeds will be used for expansion program and to buy Continental Gin Co., offering to holders of its common Mines—Change in Control been acquired by the Eastern I"vest" inent & Development Corp. of Pennsylvania from a Boston (Mass.) investment group, Gen. Jimes McManinon (ret.) Vice-President, anCornucopia Gold company has this Control of 1B2, p. Kodak Eastman see Inc.—New Development- below.—V. Co. 185, p. 1883. 150,000 shares of common stock (par $1) at $2 per share. not underwritten. PROCEEDS—The net proceeds are to be used to increase capital and surplus, and used for general corporate purposes. The offering is preferred stock G7e stock FINANCING BUSINESS—Company subscribed for by exercise of rights which expired on May 27. The balance of 24,643 shares was purchased by the underwriting group headed by Kuhn, Loeb & Co. and Carl M. Loeb, Rhoades & Co. Feb. 21, incorporated was 1957; in Arizona See also V. 185, p. Light Co.—Plane Dallas Power & Railway Expansion— 1957—Month—1956 $3,597,960 $4,473,723 2,962,905 2,773,879 30— revenue— expenses Oper. 1S57—4 Mos.—1956 $5,154,767 $5,842,343 9,760,430 8,723,444 $1,699,844 1,336,850 $4,605,663 *$2,881,101 5,432,733 *3,554,082 $635,055 323,426 Net rev. from ry. oper. Net railway oper. income 185, p. 2213. Deficit.—V. . $20,873,194. • noted that a 125.000 kilowatt generating unit was added to the company's Parkciale plant in March, and a similar unit is slated for completion at the Mountain Creek plant early in 1958, giving the company a total generating capacity of 958,000 kilowatts. V • record a Tatum Mr. Location for plant is being developed northwest of Dallas, with installation of the first generating unit set 2439. for RR.—Earnings- Delaware & Hudson Period End. April 30— Railway revenue oper. Railway expenses oper. ry. oper. Net rev. from income $5,770,560 2,943,698 $1,713,007 989,409 $1.20G,518 698,612 Net railway oper. —V. 1957—Month—1956 1957—4 Mos.—195G $4,617,353 $4,800,837 $19,17G,598 $18,877,244 3.410,835 3,087,630 13,406,038 12,572,097 $6,305,147 3,400,752 185, p- 2213. Lackawanna Delaware, Period End. Railway oper. revenue... Railway expenses oper., $7,129,726 6,276,353 oper. '-Deficit.—V. $1,484,651 906,701 $853,373 *'27,447 Net rev. from ry. oper. Net railway Western - Ry.—Earnings— 1957—4 Mos.—1956 $7,534,268 $29,147,672 '$29,257,016 6,049,617 24,837,903 23,955,327 & income $4,309,769 1,050,576 Delaware Power & Light Co.—Registers With expenditures for and 1958 are estimated at SEC— $51,500,000.—-V. 185, 2331. p. Diamond Alkali Co.—License Agreement Signed— large-scale first America's Eastern Stainless installation of a 30,000-ampere by that Hansen, R. no President, or change of merger also Bohn directors. See Motor Co. below.—V. Brass above and firm 1273. Co.—Advance in Battery Design— 185, & Eastern April 30— Railway oper. revenue— Railway oper. expenses Merger— Corp. the contingent Net p. 717. White from ry. oper. —V. 185, p. 2214. controlled by or Jr., bv mutual agreement. Newton tive Glekel, officer of Wayne Works, Inc., has been Corp. Frank W. Hall, former Execu¬ Wayne Works, was elected President of the formerly an Vice-President $1,575,524 $6,690,578 $6,366,646 383,141 383,324 1,666,084 of Works division and of the Miller Motor Car division G E former President of Divco Corp., becomes President of the Divco of division the new firm. I. G. Brown was elected Vice-President p. of three divisions. Fageol will continue as Board Chairman of Divco-Wavne Com p. 2012. by new F. R. 184, , See p. the. (3) other matters On on Equipments— equipment costing not less than County $3,759,700.—V. 185, System below.—V. 185, p. 610; V. Diversified, Inc., Amarillo, Tex.—Files With SEC— on May 16 filed a letter of notification with the 50,000 shares of common stock (no par) to be offered $5 per share, without underwriting. The proceeds are to be used the purpose of making loans and for investment in real estate. SEO at for corporation covering controlled or Exchange Commission— May 17 filed a letter of notification with the SEC covering 7,500 shares of voting common stock and 7^500 shares of non-voting common stock (par $10) to be offered at $20 per share. The of company on party all parties to directors, period of five years, to vote any shares in accordance with recommendations of a them by not [::7-y7 majority of the company's board of directors, except that if such other matter is. a proposed merger or sale or lease of substantially all of the company's property, any party may refrain from voting that in of one The Corp. are free to sell stock but if at private sale, the Morses, agrees to grant the right of first and if Penn-Texas, Penn-Texas, lists prospectus Beneficial Of Record as the Beneficial not of shares Firestone Tire A , of Penn-Texas shares 361.800 shares. As 185, plant with and the listed 30,000 shares, shares. 156,950 and of is Benefi¬ the March 31, 1957, 2445. p. Rubber Co.—Plant in tire concrete pouring are to Cuba— capacity of 100,000 tires a nearing completion on a 50-acre plot near Havana. Cuba.'' E. Trainer, Executive Vice-President, said construction crews new yr-ar. is holder 8,000 of outstanding.—V. & Firestone of holder of holder were refusal H. Morse, Board Chairman, as the of 267,231 shares of Fairbanks, Morse holder Record Record of 1,372,215 seller, the like right to the Morses. not of Record Beneficial not a Robert holder Record of the Beneficial, stock, cial may by Penn-Texas parties it case, provided as of floors and a. installing the roof multi- the on structure. dollar the tire building equipment which plant has been delivered according to Mr. Trainer. in will Havana used be and is in ready the for Ground for the new brick plant was broken on Oct. 22, 1956. The scheduled completion date is October of this year. The plant, located 15 miles (24 kilometers) east of the capital city near Cuatro Caminos, will make passenger, truck and off-thehlghway tires. The plant Havana States. Others be will located are New and Venezuela. Firestone's in Canada, outside 13th England, South the United Africa, India, Zealand, Spain, pines.-—V. 185, Fischer This Switzerland, Germany, Sweden, Argentina, Brazil Another plant is under construction in Manila Philip¬ 1153. p. Porter & Co.—Licenses Tokyo Firm— May 21 Hokushin announced the signing of a license Electric Works of Tokyo, Japan. Ar¬ recently cQncluded with members of the Japanese company by Norbert Weber, Export Manager of the International Division of the Hatboro organization. Mr. Weber states that Hokushin will begin to manufacture substantially all of the products now manufactured by Fischer & Porter, including data reduction and company on with agreement rangements the were automation equipment. of meters Its & Fischer & Porter The designs. Is Tokyo design own Porter but The currently firm has has shown awaiting been manufacturing preference a between agreement validation for Hokushin bv tne the and Japanese Government.- Forms New British Affiliate— This land, which manufactures complete process instrumen¬ the Paterson Engineering Company, Ltd., of London Eng¬ company, tation, and the announce Chlorination as sell and F&P Fischer F&P & formation Equipment, type of Ltd. a British new The new company company equipment. Porter Co. already has a plant in products other will to be known manufacture chlorination than chlorination England equipment.—V. manufactur/ii" 185, 1515. p. * Sold—The public offering 154,648 shares of common stock (par $2.50), which was on May 21 by Merrill Lynch, Pierce, Fenner & made Beane and associates oversubscribed. at $18.50 per For details, see V. East Coast share, was quickly 185, p. 2445. • - Ry.—Earnings— 1957—Month—1956 1957—3 Mos —1956 $4,409,984 $4,275,971 Railway oper. expenses- 3,221,801 2.853.700 9,048 822 $1,188,183 $1,422,271 $3,126,283 $3 194 1 459,496 676,454 1,221,323 1,413,3 $12,175 105 $11 276 245 3 032 120 Net revenue from rail¬ way operations oper. inc.- Net railway 185, p. 1885. Ford Motor Co. of Washington, Vaucouver, Wash.—Files With Securities and oe be the (Mich.)—Expects Sales to Hold- 184, 183, p. 108. Estates Life H. Railway oper. revenue__ Electric Co.—Merger Approved— England Electric and V. R. by 11th director elected by shareholders the election than for agreements agreed, owned Henry Ford II, President, has on May 23 told stockholders that the co« impressive sales gains thus far this year and exner to hold them through the remainder of 1957. He also reported that dollar sales for the first half of 1957 Drobat will exceed $3,000,000,000, setting a new six-months record for t pany The nominated After consummation of the sale described when added to the number agreements, will equal five. which, to —V. New 2324 reasonable by Florida | 20 2445. Essex sales for all —V. directors five nominated by Penn-Texas Corp. and an company secured at 1.564,737 . ' Wayne Huma, debentures nomination for any replacement of the 11th director shall Morse. In the event another director or directors shall above, of at Cleveland, O., will up to noon (EDT) on June 20 receive bids for the purchase from it of $2,925,000 equipment trust certificates to mature in 15 equal annual installments. They will be President of Divco-Wayne named five for them owned Morse, chosen Period End. March 31— The the Fisher Brothers Co.—Stock Ry.—Earnings- $1,391,474 Erie RR.—Bids June Divcp-Wayne Corp.—New President Elected— of For a period of five years, the parties agreed to vote all shares (2) flow 1957—Month—1956 1957—4 Mos.—1956 $4,939,894 $4,702,170 $19,879,951 $18,797,669 3.548,420 3,126,646 13,189,373 12,431,023 railway oper. income Net 182, p. 2465. rev. company's sale the upon terms. installation, a Joliet Elgin, May 27 informed company employees management is being considered by the & by Penn-Texas Corp. agreed to sell to the company 300,000 shares common stock of the company at a price of $50 per share, (1) of ultra-modern Electric Co.—Common Stock period End. on Aluminum oifered lor puonc saie tnrougn an underwriting A. C„ Allyn & Co., Inc. The interest rate, public underwriting terms are to be supplied by amendment/ Net proceeds of this financing will be supplemented to the extent necessary from general funds of tne company to provide sufficient funds to purchase 300.000 shares of the company's common' stock presently owned by Penn-Texas Corp., at the price of $50 per share.; The purchase of such stock, according to the prospectus, is to be made pursuant to an offer of sale made by Penn-Texas Corp. to Fairbanks, Morse on May 10, 1957, which offer was accepted by the company on May 14, 1957, Some of the principal provisions of this •agreement are as follows; * Most Offering Over¬ subscribed—All of the 119,522 shares of common stock offered for subscription by common stockholders of rec¬ ord May 6 were subscribed as follows: 114,211 shares were subscribed for pursuant to the exercise of rights and the remaining 5,311 shares are to be allotted among subscriptions for 41,034 shares pursuant to the addi¬ tional subscription privilege (see details in V. 185, p. 2213).—V. 185, p. 2331. Paso El no be to 1972, headed group Steel Corp.—New Director— companies.—V. two oiten offering price and above. variety the missiles* radar jets, which are 174, p. 2455. corporation on May 27 filed a registration statement with the $15,000,000 of convertible subordinated debentures, due 1, Fischer v_ C. Mines models totype used in bearings, ball covering June million to up wide a small on Fairbanks, Morse & Co.—Registers Debs..With SEC— All 6,000 volts, the new batteries can be adapted to fit of industrial power needs. Current laboratory pro¬ have not been designed as rechargeable batteries, but have an effective in-use service life of several days. Development of the new batteries represents a joint accomplishment provide ' Diamond T Motor Car Co.—Denies Gas Co.—To Expand— G. & W. H. Corson, Inc., the latter a longof lime products, Jointly revealed on May 22 results of a decade's efforts toward the production of batteries that can remain in inert storage for yeaj-s until brought to full power in one-tenth second by an internal burst of ammonia gas. Although trial models of the new batteries are not expected to be available to industry until early 1958, widespread industrial use is foreseen by the makers. The batteries will operate efficiently at temperatures below minus 65 degrees Fahrenheit and as high as plus 165 degrees Fahrenheit. C With individual cells capable of internal series arrangements to rec¬ Instruments bearings. depend demand purchase of his shares by the com¬ statute in such cases. , / agreed not to acquire any additional stock for the purpose or with the intent of gaining control of the company. company and established producer 'for announced ti,at it had completed con¬ to be the world's cleanest metal-working that its new $1,000,000 instrument bear¬ inspection facility would double its production of said larger than the diameter of a lead pencil.—V. (4) This diapliram cell of advanced design, developed by this com¬ the electrolytic' production of chlorine and caustic' soda, will be made at the $20,000,000 chlor-caustic plant of Wyandotte Chemicals Corp., Wyandotte, Mich., now under construction at Geis¬ mar, La., according to an announcement on May 21 by Frank Chrencik, General Manager of Diamond's Electro Chemicals Division. The two prominent chemical producers have signed a license agree¬ ment, Mr. Chrencik said, whereby "our company will provide Wyan¬ dotte with engineering know-how, design, assembly and operational data covering the construction, operation and maintenance of the Diamond 30,000-Ampere Diaphram Cell at Wyandotte's Geismar plant." Representing a development of 14 years' exploratory research, de¬ sign and engineering by Diamond, the new cell Incorporates tech¬ nological advances that "make possible Improved production effi¬ ciencies and operating conditions" in the manufacture of chlorine and caustic soda by the electrolysis of salt brine, Mr. Chrencik ex¬ plained. Approximately 300 Diamond 30,000-ampere rectangular diaphram cells will be installed at Wyandotte's Geismar plant, which will in¬ crease This producer's chlorine-caustic soda capacity by nearly GO'/* when It goes on stream in late 1958.—V. 185, p. 1992. Z. Hornblower and ball computers 185, pi 2331. Britain, Conn.—New Plant— May 12 believed company assembly and cn what is of Tne instrument pany 2445. general partner in the investment banking Weeks, has been elected a director.—V. 185, p. Mattalene, M. E. tangular pany Gold Cornucopia See Eastman Kodak on 1957 company factory. James of May 28 tiled a registration statement with the SEC covering $15,000,000 cf first mortgage and collateral trust bonds due 1987, which are to be offered for public sale at competitive bidding. Net proceeds of the bond sale will be applied toward the cost of the construction program of the company and its subsidiaries, including the retirement of bank loans incurred prior to such sale. Construction This company The struction Development Corp.—Aequisit'n Eastern Investment & -v . p. application by this company seeking authorization for the con¬ struction and operation of a 3,300 horsepower compressor station has been accepted for filing, the Federal Power Commission announced on May 17. . j-7 The proposed station would be constructed at a point of connection between East Tennessee and its supplier, Tennessee Gas Transmission Co., near Greenbrier, Tcnn. East Tennessee said in its application that the proposed station would enable it to avoid an increase in its cost of purchased gas due to a lowering of system load factor and would insure the continuation of adequate service during peak periods. The cost of the proposed facilities is estimated at approximately $994,835. No. new. service or change in service is contemplated. t~V. 183, p. 556. x' $5,301,689 2,849,069 185, p. 2213. 185, An 1957— Month—1956 April 30— below.—V. East Tennessee Natural new a he continued, 1980.—V. 1G4, p. Texas, Inc. Shares, Standard by such a merger at this time."—V. Fafnlr Bearing Co., New and, Light Co.—Bids Expected on June 26.— Duquesne See merger have been held and it has been a mutually concluded that the best interests of both companies would not the $20,900,000 for construction of new facilities and property replacement in 1957, C. A. Tatum, Jr., President, said at the annual meeting. Last year, construction outlays totaled conversations "several by shareholders not party to the agreement, in any election following the above contemplated sales, shares will be voted for all the Morse nominees and for such number of Penn-Texas nominees Ry.—Earnings— Duluth, Missabe & Iron Range Period End. April will spend about company explore the possibilities of that said Corp., Car American elected reserve Railway oper. This Presi¬ made 2331. Corp. . North of be served shares, 206,369 shares were life insurance company. The corporation has been authorized to engage in business as a limited capital stock legal reserve company, selling legal reserve life and disability insurance, when it has the required qualifying minimum capital—V. 185, p. 1883, legal a Corp.—Subscriptions—Of the shares of capital stock of this corporation offered to stockholders, 83,800 shares were purchased by Paramount Pictures Corp. and of the remaining 231,012 share. as . and 2331. p. Broadcasting Mont Du plant 185, and North American Car company joint statement issued on May 28 by Edward S. Evans, Jr., Evans Products Co., and William M. Spencer, Chairman of the A total of 314,812 5,000,000 shs. 150,000 shs. Common stock may be exchanged share lor share for 6'U preferred stock ut the option of the stockholder after this present offering of common stock is completed and fully paid lor. All stock has full voting rights; the preferred is non-cumulative and will receive 0% cash dividend before the common stock shares the balance of the company's distributable profits, all based on the par value of $1 per (par the EDA, to addition In $1>—.. Common of available from the company. / , will produce diethylenetriamine concentration previously the 8!1S' (par $1) production the for triethylenetetramlne.—V. Outstanding Authorized plant new operations at the company's Texas Division, substantially the company's capacity for tbis this between 111., to explore the idea of possible consolidation have been a decision against merger, » ■' dent of SEC ethylenediamine has started at Freeport, expanding versatile alkylene amino. Donald Williams, Vice-President and Director of Sales, on May 21 said that the new facilities will enable Dow to produce ethylenediamine with a concentration of 92or greater, a significant increase over A EFFECT TO PRESENT Boosts Capacity— Chemical Co.—New Plant Dow ■■■:_ ; with concluded This Cosmopolitan Life & Casualty Co., Phoenix, Ariz.— Stock Offered—The company on May 7 offered publicly CAPITALIZATION GIVING $46,744,042 and net in¬ share based on outstanding shares at year end. In the previous year, net sales were $29,636,140 and net income $1,228,272, or $1.47 a share. Dividends have been paid at the rate of 60 cents a share annually on the common stock since the com¬ pany's merger with Oliver United Filters Inc. in 1954.—V. 185, p. 2213. $1,825,881, equal to $1.85 a was / Evans Products Co.—Merger Discussions Terminated— ing 1956 amounted to sales in EARNING&—Net come 715. (G. & W. II.) Corson, selling equipment and processes for handling or other: treatment of separation, mixing, solids suspended in liquids or gases. continuous 'v/V/v'.1' Conversations primarily worldwide enterprise, engaged a developing, manufacturing and the President of Eastern, confirmed the acquisitlon. He added that his firm also plans to acquire several privatelyowned industrial firms. These, it was indicated, would incluae one in the machine tool field and another in the steel industry. The purchase price and number of Cornucopia shares acquired weie disclosed.—V. company for BUSINESS—Dorr-Oliver is in "°Edward°H.^Talenfeld, hot used be to business as do to company of Chicago, to will add the net proceeds to treasury general corporate purposes. The company has undertaken a program of plant improvement and expansion which con¬ templates expenditures of aoout $2,950,000 in 1957-58. PROCEEDS—The funds The proceeds are to be used to qualify an insurance company in the State of underwriting is involved. the Washington. Board Dominick. by Dominick & equipment.—V. 185, p. 2097. machinery and No scored company. Mr. the Ford new addressed the Ford Michigan company's second Proving Ground public near here. annual meeting- Ernest R. Breec Volume 185 Number 5643 . The Commercial and Financial Chronicle . . 5/ (2557) chairman dedication Mr. in period as "Ford sales he sales since the sales 14%, up the meeting facility. despite 3% a 16%, Mercury sales 1% below %%•., said months "In year are less than Ford four at also marked v.V 2%% a of last record decline does of months are first the for 7% up four in not 1957 Ford following truck reflect models the of sales introduction," he said, for breaking high for "For the half of was Ford 1957 $3,000,000,000 remainder said "will mark for of the year the reported of that passenger has company Edsel dealers, than enough and plans truck The are set had that company record, time." The previous The the maintain to "and total at least dollar our our The marketing Fall the The proceeds - - have been for prospects screened the to are ; to go ; ' four to provide approximately selling < Fundamental Investors, The Jr., election of of Dr. has served of new Mr. Chile, ican Car ber of to and Spencer of the * was The of of the total It Plan. Option adoption Motors The for is it the by five the of the Gabriel of and to financial former A t'-' Tne of Vice-President Directors Refrigerator Line of Waugh National Bank, of until will operations Co., on to May the of Co. is He who of area of by John N. Products bonus of options1962, to the executive 1958 through Salary Committee. and might 250. options be Over be may shares expire has selected the completed 18 months not later 1958 to of granted the of exceed shares of The H. Gabriel figures at the States 185, 1637. p. Briggs, of its of some in Co. plant new Mr. Gasket has been not Bonus / moanied in that Plan and also the would provisions cents The will certain the incorporates Special have the be of the corporation's Bonus respect Stock several Committee. otherwise These effect available of to been President. approved corporation on May hour in its per The The other modifications modifications include reducing the aniouut award for the "net under earnings" formula and also capacity stated with the An acquired to house the United and States other Gasket plastic that his addition firm new Gordon manufactures products.—V. net Simpson, income ended of 185, ferred 24 upward an J-A'1-. of 16 - for the Tins realized 82 with cents 'V a p. in net outstanding net profit its then net a cost-of-living allowance •%V" • * '. ■ for ' " £■'. line 86 outstanding, figures for the both are nine share a provision and 185, p. after on stock cents Pace, Canadair Ltd., HoDkins Mr. who Jr., it May on like a ended March 31, Canadair Chairman Mr. board and Chairman. the Net These —V. Canadair Johnson is Executive of the the succeeds of Canadair.—V. General of to sales Operating Income billed... costs, from of Co. (& and a as Mr. and Provision ; for Federal and earnings common Net darnings —V. 185, p. applicable General Man¬ 1957—Month—1956 $401,673 209,818 361,753 Florida of the 31,000 ry. 185, p. new on the corporation Hermetic is a new $661,040 The a $286,098 $847,268 with for 84,589 19,004 to 183, p. appointment pioneer in Gimbel $54,962,000 $0.63 "Gaseal" be handled provides the May date due The . organized on Jan, 4, "diversified by Robert 1956 plastic moulding die of casting K. finance hermetic on of its Small Gibbs, zinc and Prov. seal, Fed. for Business Administration by East sales 1957—3 Mos—1956 east and s $ $ 76,959,000 355,862,000 332,446,000 1,738,000 16,513,000 1,205,000 890.000 8,670,000 7,445,000 1,139,000 348.000 7,843,000 7,026,000 use of $0.52 $0.37 $3.76 $3.32 14,471,000 r Net profit com, —V. 1993. 185, p. debentures the as for 100% ancl capital offer to stock each of June amount Dillon, 10, of for 1957, shares common principal Eastman due debentures record 20 May debentures these of then deben-' Union Securities- underwriters. 17, 1957, 112,691 common shares were outstanding; and $295,160 of 4l/a%- convertible Junior subordinated deben¬ 1, 1963, also were outstanding. were If prior debentures proceeds of the the company's 185, p. 44. sale of the new all to latter 10, 1957," for which to be issued;* are debentures expanding automobile such June outstanding, will be used financing business to opera¬ equity in this corporation rose to a new all-time high or $1.72 a share, in the quarter ended March 31, it by Rear Admiral John J. Bergen USNR, Chairman of the closed-end investment company, and Irving Mitchell Felt, President. This compares with $9,094,677, or $1.49 a share a year earlier, and $10,235,659, or $1.69 on Dec. 31, 1956. During the stock mon earlier. total quarter, the company's holdings of Thermoid Co. increased to 171,372 shares from 163,572 three were held to com¬ months During April additional, shares were purchased bringing 200.000 the shares, or 24'% of the number outstanding. sold on March 28 all the outstanding common stock % United Supply & Manufacturing Co. to Botany Mills, Inc., reoedving 225,000 shares of Botany common stock, and a 4% note in the amount- Graham-Paige of of $950,000. operating Net The Of the stock, management income of 25,000 of the shares United Whitney-Apollo Corp., for the net realized gain three months the realized gain on on March oper. Railway to options to the subsidiary, $675,060, including This with compares 1956, 185, of income net $149,290, including in net 1154. p. Ry.—Earnings— 1957—Month—1956 1957—4 Mos.—1956 revenue— $22,265,239 expenses 17,759,791 $22,283,734 $79,811,454 $73,037,773 17,592,945 65,961,246 65,408,554 from ry. oper. $4,505,448 $4,690,781 $13 859.208 $12,539,219 oper. rev. Net railway Net railway 188, wholly-owned first quarter was 31, Investments.—V. Great Northern Ra.thvav subject its and investments. ended arc Supply. corporation oner, income 1,672,337 2,564.971 oper. inc.__ $1,206,281 $2,100,364 2215. - p. 4,773,863 4,384,402 $4,668,160 $4,156,479 ,- • ,>« , Grolier Society, the Inc.—Offerings Oversubscribed—Both offerings of 318,000 shares of common stock at $15.50 share and $2,500,000 5% convertible subordinated debentures due 1967 at 100% and accrued interest, which were per made and May 22 through Dominick & on associates, were quickly oversubscribed. V. 185, p. 2446. see Dominick For details, Gulf Interstate Gas Co.—Secondary Offering—A sec¬ ondary offering of 7,500 shares of common stock (par $5) made on May 23 by Blyth & Co., Inc., at $11.75 per share, with a dealer's concession of 30 cents was It share. per was completed.—V. 185, p. 1886. t*1 Gulf; Mobile & v;r -7> ,.lJ' . ' y .. -r Ohio RR.—Equipment Trust Certifi¬ Offered—Salomon Bros. & Hutzler headed a cates of group underwriters which 414% equipment trust on May 28 offered $3,030,000 of certificates, series H, (non-call¬ maturing semi-annually Jan. 1, 1958 to July 1, able) 1972, inclusive. The certificates priced to yield from 3.90% to 4.35%, according to maturity, were awarded to on May 27 on its bid of 98.63%. Halsoy, Stuart 43»% coupon. Issuance and Co. <fe sale Inc., bid 98.386% of the certificates the Interstate Commerce Commission. The issue is to. be for are the certificates subject to with a authorization - secured by 250 boxcars; 100 covered hopper cars; gondola cars, estimated to cost $3,823,700. Participating in the offering arc: Drexel & Co.; Eastman Dillon, Union Securities <fc Co.; and Stroud & Co., Inc. 10 tank and cars 50 Glen P. lias Brock, former Executive Vice-President and General Manager, elected President, succeeding Frank M. Hicks, who becomes of the Eoard and will serve as Chief Executive Officer— p. 2446. been Chairman 185, Oil Corp.—Opens Three New Laboratories— corporation on May 28 opened three new laboratories designed exploration of new frontiers of petroleum science. combined .multi-million dollar value, the facilities measurably expand the scope of the company's 53-acre Research Center at nearby Harmarville, Pa. to accelerate With the a . Tho intricately search of all and marine phases The of production methods Automotive centers Mellon in energy The into application are fuel lubricant testing; and Science Laboratory, in which petroleum industry will be studied. Research dimensions, to of nuclear V energy 95 into such minute projects, Products detail covers Nuclear Science Laboratory, that 49.000 Blending Building Andrew uses of Wil¬ nuclear four stories high, 227 by 53 laboratory work rooms ...• and offices. reducing drilling costs and achieving a percentage of yield from oil reservoirs. engineers and technicians will be Automotive the Laboratory, houses research An scientists, The The re¬ being investigated; the Richard Beatty Laboratory, one of the world's most ad¬ and Nuclear the devoted greater 150 and science. Products for Production in is engines; petroleum vanced It spearhead buildings comprise the William Larimer Mellon Production Laboratory and Drilling Building, where new drilling and Research feet will new Mellon liam structures new improving methods of oil production and the handling fluids; into bettering fuels and lubricants for automotive, well aviation to instrumented into and "push feet. 166,175-gal. Laboratory, electronically button" square ultimate employed research It Is tank assigned staff of here. instrumented is- possible supplemented by in a tarm. to explore the uses of nuclear energy in all phases of petroleum work, had begun projects which range from recovering more oil by atomic methods, to possibil¬ ities of improving refining by nuclear techniques to creating new •products, to radioactive "tracer" studies.—V. 185, p. 2332. on income Earnings per development * 1957—12 Mos—19$6 Coast coverage of convertible common — announced .smaller taxes taxes 5%> proposes its on $10,457,233, is loan. 2,344,000 Fed. Vice- Stockholders' of 011 (& Subs.)—Earnings Higher— 81,923.000 before income Administrative Graliam-Paige Corp.—Change in Holdings Announced Stockholders' Equity at New High— in sales Profit of of tions.—V. operation 1365. Period End. April 30— $100 Dec. net This conduct Brothers of company converted into common stock 132.208 common shares would be fights to subscribe to the $661,040 of new total Gulf Moulding payment appointed 149,191 fully integrated business complete plating facilities," the of that a $953,822 *39,735 was of listed debentures 2215. . will As V. of $190,000 25.000 $0.73 service this 645,739 filed a registration statement with the SEC on covering $1,000,000 of 6% convertible debentures, due 1967. The debentures are to be offered for public sale at President, invest-; Changes in Personnel— $3,441,975, $3,640,752 2,594,707 2,686,930 1957, Automatic Co., registration statement with the SEC a a subscription price of Johnston, Lemon & Co. are tures 1957—4 Mos—1956 $931,837 $170,594 ops. inc oper, with Not and ; 656,372 expenses been at Co. many share— Rocky Mountains. General 1967. ratio tures. Ry.—Earnings- 1957—Month—1956 ,.' $826,966 company's 1992. sales held, 2,614,059 primary purpose of this debenture offering is to finance a gen¬ eral expansion of the company's activities, including maintaining inven¬ tories, carrying larger accounts receivable, purchasing new dies and equipment, and promoting its products. Approximately $250,000 of the proceeds is slated for additional working capital thus permitting the maintenance of adequate inventories, and avoiding short-term operational loans; $250,000 for acquisition, of additional machinery and equipment and the purchase of new tools, dies and fixtures; $250,000 for general corporate purposes including advertising and promotion of the company's products; and the balance of some 58,000,000 General Technical $3,015,737 The 833,000 67,300.000 $64,006,000 recently developed by "Engineering Co. The 2,619,891 $195,083 Automatic 31, aluminum income earnings... Hermatic Sealing Corp., Valley Stream, N. Y. Appoints Sales Representatives for New "Gaseal"— - 641,065 81,123 $ - 1957—4 Mos.—1956 $727,128;' $2,814,974 $86,063 & has the group 66,741 together $134,135,000 $113,820,000 stock per outstanding; $59,618 company 1956 charges—2,798,000 the total 2446. principal amount. The offering is to be made by Cook Enterprise, Inc., of Tcrre Haute, Ind., on a best efforts basis, for which it will receive a selling commission of 5%. 3,117,000 to the p. corporation 22, —V. Net of 185, ry. ops. from rev. 100% ___$1,048.850.000 $946,458,000 charges 919,955,000 837,587,000 Canadian 80% 652,832 oper. railway March 1,832,000 taxes, and for renegotiation...... Minority interest in subsidiary net least $712,450 revenue— Deficit.—V. May Urwin 1,674,000 financial the Corp., Henderson, Ky.— Registers With Securities and Exchange Commission— operations.__________________ $128,895,000 $108,871,000 other with 244G. p. oper. Gibbs Total plus income-. oper. Gibbs Vice- (net)__,3,566,000 and * Vice- Dynamics 1957 other at exchanged.—-V. expenses from rev. 185, This General Net earnings of General Electric Credit Corp. Miscellaneous other income Interest Net a Subs.)—Earnings Higher— ______ expenses registration statement a Jay been as continue Dynamics, Three Months Ended March 31— sec¬ share, per exchange of preferred unless Is revenue__ oper. Railway Railway 2214. p. made preferred Period End. April 30— ; Secretary-Treasurer. of $23 & 2739. p.. covering 30, the & four years. has Johnson Richardson Vice-President 185, Electric John past acting Secretary and Treasurer at Canadair. Geoffrey Notman will continue as President and ager Board York, D. been J. Net He of New Earl Vice-President Senior a B. elected was for elected Lawrence Urwin Richardson Board also be oper. ry, Net Corp. at taxes, elected President of Canadair's was Dynamics members re-elected John Net shares income at of common Federal Chairman 23. stock Corp.—Registers Exchange Offer— May 24, filed Period End. April 30— dividends. stock will Railway Railway was 3. General company, on Georgia Southern May convertible Georgia RR.—Earnings— 936. elected Pace, who earlier this month parent had been announced was died Vice-Chairman of Mr. has stock dividend. share per General Dynamics Corp.—New Chairman of Unit— Frank corporation, Peninsular .. 100% 2.946,517 preferred , a calculated will y; 1957, its dividend $1 Bache an covering 1,480,787 shares of its $10 par common stock and 170,000 of 5.28% convertible preferred stock, $50 par. General proposes to offer these securities In exchange for the com¬ mon and preferred stocks of Peninsular Telephone Co., Tampa, Fla., on the basis of 1;3 shares of General common' for each share of Peninsular common, and one-half a share of General preferred for each share of Peninsular $1 preferred, $1.30 preferred ancl $1.32 pre¬ ferred. General will pay soliciting dealers 40 cents for each share of Peninsular common and 20 cents for each share of Peninsular pre¬ ferred exchanged through their efforts. The preferred stock exchange offer is subject to the special condition that no share, on provision for pre¬ months the on for beiore according to Mr. Simpson.—V. . 1957, June allowance. shares fluorocarbon of cents after 29 receive the three-month period ' dividends. General Telephone has said that the consolidated subsidiaries ior the third quarter or preferred This ex¬ space June p.- 1885. ' iA;, will cost-of-living 185, ;v of preferred stock is convertible at the rate of iy4 common shares for each second preferred share up to June 7, 1957.—V. 171, p. 557. speed 18 operating profit, adjusting for a $2.20 or after floor 1. The Texas—Earnings Up— after income $6,523,000. was complete 1274. $2,530,000. was share a Teflon two General Faint Corp.—To Redeem Preferred Stock— corporation has called for redemption on June 17, accrued high of months SEC feet* of a non-recurring capital gain of the third quarter of last year. Consolidated 1957, then 1957, shares compares of 23, —V. 108,000 eligible salaried employes increase of $10 in their quarterly $80.—V, V" ond designed dividends. Additionally, 134, Inc., This corporation filed Net hour per with Government Employees Corp., Washington, D. C. Registers With Securities and Exchange Commission— '* Approximately be revision hourly cents Officers Appointed— limited (partner a Period End. April 30— announced revision becomes effective with the first pay period after June hourly rate employes, therefore, will receive a total equivalent its expand newly square May on and company 31, common stock basis, President, the March 2.946,517 Stores, President.—V. changes in GM Thus their total by The production equipment. General American Oil Co. of ► will ten of "net cost-of-living allowance to approximately 375,000 resulting from an increase in the nation's cost- cost-of-living allowance expenditure of $300,000 for new will substantially widen the range additional 20.000 of Bonus and relating to the separate bonus plans manufacturing subsidiaries. July ancl August, An that permit the Plan. The Option Plan overseas hourly rate employes of-living index. production released been of Plan by which Tho . rods, tubing, and special shapes. extruders; Department program, Co., of Camden, N. J„ the Plastics Divi¬ Packing Co,, will expand its Nylon extrusion according to an announcement by A. J. Mb- considerably, McMullen trusion Teflon A. Cost-of-Living Allowance— Boston, were has changes which the Corp., President Plan operation Since Gasket Garlock S. out¬ now executive, which is 1.9% of the which, options mav be granted,.such limits for The U. of 4,000,000 or Garlock Packing: Co.—To Expand Division— Mullen, the number not may 1.4%. the options most of the members of the Special Committee either hold, represent, large stock interests of the corporation, their interest is identical with that of the stockholders. They will not be eligible to receive an award of bonus or a stock option under the proposed incentive mem¬ Thiokol Gabriel Company but company officials did say that more than $400,000 worth- of machinery would be installed there. Operations at the new Ward Prodi'.cts plant will be started in the hear future.—V. 183, p. 2762. equipment Jr.,\ ten that receive five-year period, of than contemplated in 5% the being readied for the market Total employment of sizes of Nylon .Joyce, banking house, has been appointed as Vice-President, and Louis. Siegel, formerly a director and Executive Vice-President of Hearn on has Plan; namely, changes in the definitions of capital" for the purpose of the 12%. after a' divi¬ from Ashtabula,'Ohio; Y., Bonus certain Amer¬ a Co., Chicago.—V. Ward Amsterdam, 17 bytbe Electronics Division The F. ment become that years granted and will granted. The Committee executives, equivalent to 75,000 shares for any one recommended the of North Equipment Products is expected eventually to allocate to some of the new electronic components of and in modified advisory Vice-President now Ward sion Plan an respect ' facilities incentive' an Bonus to appropriate adjustment in the event of stock split, option terminates for any reason without having been full, options may be granted to other executives with to the unpurchased shares. : ' If concurrent < . The Ward Products Corp. has leased a modern one-story building in the easterly outskirts of Amsterdam, litis building contains 48,00% squaie feet of manufacturing area. Basically a manufacturer of automotive and communication antennas, United off pay program Bonus is subject etc. University of Illinois, Pennsylvania RR., to the Gabriel Co. The to contemplates Plan all or number exercised the after which for standing, Monetary Board Directors and LaSallc announced and '.%/"% Stock exercisable executives for shares the Iuc. he on and Northwestern transfer of of shares Gabriel Co., Cleveland, Ohio—Unit Transfers Opers.— The sion Option the General 1957. year, bo in the would 181, to 1, Motors selected after years number Directors— M. Stock Jan. approved modified options the employment Policy and a member the Economic History Association. Chairman Board Corp. at China. Association, Committee directors Corp. the Chemical and William Investors, Poland Economic Spencer is New ; ". advisor to of stockholders.—V. the executives . become 2214. p. M}ay 28 by William Gage Brady, professor of economics National board on ; Fundamental Midwest the Kemmcrer Board. of commissions Economists operations . the economic as normal 1913. granted each the being Inc.—Two was-announced of Kemmerer, management the Donald L. directors Chairman in Glickman Corp.—Two New Thomas 'spe¬ engine executive will be permitted to purchase General Motors Corp. common stock at a price equal to 100% of the fair market value of the stock at the time Cue option is granted.'An option will not "more 1,200 185, Under • - _ board used p. May 24 of Motors of as General principal moving are company on May 21- filed a lettet of notification with the SEC covering 8.339 shares of common stock (par $1.50; to be offered at $25 per share, through Raffenspcrger, Hughes & Co., Inc., Indianapolis, 2116. be 184, on consisting be may Foster-Forbes Glass. Co., Marion, Ind.—Files With SEC Ind. to are stockholders General effective sales market." The p. aircraft General Motors Corp.—Incentive Program Approved— program, company's new ahead rapidly. He than 4.000 inquiries from prospective more these qualified for company's . new a first dealerships to be established by introduction time."—V. ' proceeds short-term loans.—V. 1955. asserted, the the appears set hope we this cars it the $2,891,000,000 in of the market," he depend upon the size of Ford line said Mr. share will Mr. Edsel sales, first half the current volume and subscription by holders first the a first and airframe General Motors Acceptance Corp.—Sells Debentures— This corporation on May 28 announced it has privately placed $75,000,000 of 5-year 4%% senior debentures with a group of banks with which it does its regular banking. gains record introductory %;, • Regarding dollar 1956," "Ford serves com¬ manufacturers. Sales coverage in the East will be augmented by offices in St. Louis, Mo., and at Port of Columbus airport, Columbus, Ohio. auto the over Coast cifically Lincoln and months techniques for electronic, electro-mechanical by industry and the military. Engineering, with headquarters at Roslyn, 'N.Y„ used East corre¬ fully the important February. in sealing ponents for •: increase year introduction three the 1953." total hermetic passenger'Cars jumped up 16% over the corresponding months of 1956, higher than the previous three-month 15% ; which whole. a car are made in last said. Mr. presided the huge 3,880-acre test reported that sales of Ford Motor Company four months of this year surpassed those first sponding industry board, of Ford the the of share - Gulton Industries, Inc., Metuchen, N. J. — Private Placement—There have been placed privately, through Wertheim Gulton & Co., 100,000 shares Industries, Inc.—V. 185, p. of common 2215. stock of 1957 Commercial and Financial Chronicle... Monday, June 3, The (2558) a for the year ended Marfch 31, 1957, after all charges, $2,708,221, equivalent to $2.71 per share of outstanding with $2,520,238 or $2.52 per share in the preceding income Net amounted stock to Instruments, Corp., ing a corporations compared as the year depreciation provided amounted to $1,612,235, repair and maintenance charges were $1,895,534, and the total Fed¬ eral, State and local taxes aggregated $3,861,847,, Taxes amounted to - rowed available shareholders. Net working capital at March 31, Current assets were 2.7 times current Appointment Nesbitt amounted to $10,335,784. 1957 tional 185, equipment offering is not underwritten. PROCEEDS—The proceeds GIVING Insurance bank note due June 5% company '57 20, due note, * BUSINESS—The services and commercial continuous in pro¬ and concerns principal the are customers plants company's in owned consist building a located requisite lor its operations are owned and COMPARATIVE STATEMENT OF $6,371,895 $4,026,400 116,545 Net sales 58,345 applicable taxes—. "$197,975 36,630 for Provisions "412,196 Cr214,221 $58,200 Earnings before taxes 30,786 ,. earnings Dividends paid "Loss.—V, 185, Haverhill Electric See i New below.—V. System 185, 612, p. The The . in announced on May 23 that their new plant for the meta "Delphene," effective new insect repellent, was in production at their naval stores plant site in Brunswick, Ga. Company officials said that production in the new plant will be substantially increased during the coming weeks to meet unusually company production demands the product.—V. for 185, whole Roland trustees Kalb, J. for the registration a trust voting Morris J. Steelman and cents par common stock 25 statement with certificates for the SEC 200,001 L. Jerome of on this 24, May shares of Herold, voting corporation, covering 1957, such filed stock.—V. 185, 2333. p. Houdaille Industries, Inc.—Banker Elected to BoardGeorge York, C. Textor, President of Marine Midland Trust been elected a director of Houdaille Industries, has announced ' land Trust Iron & Co.; also 1957 New Co.; Period End. Marine Midland 135, Inc., New it was Bosch Marine Mid¬ Colorado Inc.; Hartford & Fuel Arma ol the of Tidelands, Drilling Orleans, La., New laterals of merger expected was will to in engage become oifsnore drilling activities, but operations. Rimrock Tidelands inland cient barge meet the of year.—V. per four all combined The properties and rigs, to size drilling. merged 185, pp. will land types, oil will May 31. production and operate drilling gas and six rigs. in The will depths the of excess in offshore These and new inshore particularly income from companies is 2215 specialize conditions, and second as is estimated its that .mains, two suffi¬ of Gulf series A million GIVING Securities and corporation filed registration bank loan loan •6% amendment with the SEC covering stock, $1 par value.—V. ■common 185, additional an p. on sub. $3 Aug. 31, due Sept. cumul. "The pfd. stock stock bank ($1 ($50 will loans Loan 1957 shares share of ^Reserved ($) Income for issuance to compared two and a half to earlier. years $40,204,648 Shares stock options, to several sister Instruments a new $10,249 040 increased in the Industrial engineering Instruments facilities; itself with Industrial Engineering Corp. provides Instruments supplying components to inside Instruments Automation development Components Corp and outside the and con¬ assemblers; provides advanced automatic labor-saving and critical-control equipment. Each company has its own employees and maintains separate facilities for its particular type of a part of electrical one and with Co. of Insurance date of p. into The entered of Nebraska of an for the aggregate of the .company's purchase is the on principal investors and into bond bonds of amount Minnesota purchase Mutual the this of Toronto company Stock was principal honds, series B, due Insurance with on ' BANK LOAN at of the company's first two the bank has AGREEMENT—The agreed to lend to Fire Co., Casualty & company has at entered any into time, a loan and from Bloomington, 111.—- on company (par $10) at $21 per share on the basis of offered offering is not underwritten. be to unsubscribed the same price. The at publicly PROCEEDS—The and net proceeds are to be used to increase capital surplus. GIVING CAPITALIZATION EFFECT TO PRESENT FINANCING. Authorized Capital 5V2% mortgage City Bank of New York under which the. company, ' shares for each five shares held; new (shares the their principal amount. agreement with The First National • . May 25 offered to its the right to subscribe before June 10, 1957 for 20,000 additional shares of or Co.. (St. These bond pur¬ chase agreements provide for the payment by the company to each purchaser of an amount equal to 1% per annum from April 25, 1957 to the date of purchase on the principal amount of bonds to be bought by each purchaser. , The proceeds from the sale of the bonds are to be applied to the -payment, at or prior to maturity, of the bank loans. group elec¬ amount 1977, consideration plus assumption of any Interprovincial liabilities.—V. 172, and Minneapolis Teachers Retirement Fund Association for the purchase, subject to the conditions therein set forth, of an aggregate of $6,750,000 . removed on May 16 from the Curb The assets of the company were Exchange. 1830. •capital stock bought to be agreements Life 183, p. 406. stockholders of record April 1, 1957 - entering stock Stock. Offered—The (Minneapolis) purchase, subject of $5,000,000 prin¬ purchaser. company non-diversified has heretofore '* Mass. Interstate Metropolitan Life Insurance Co. York, Northwestern National Bank, forth, since the U. S. Supreme and thus cleared the way review, to reorganize the company as a closed-end, company to be known as Abacus Fund. It of $2,709,000, New Co. set refused January . has company President of Ceniinvestment registered recently acquired by Consumers' Gas Co. of Toronto for a Northwestern National Life Insurance Co. Life amount The The List .of issued to the stockholders a to Paul) Corp. operation. Nevertheless the companies are each Suppliers of chemical-process instrumentation, agreements conditions therein by each Corp.—Expansion— viz.: Industrial Bankers the to be Romney, Interprovincial Utilities Ltd.*—Assets Sold— * Aug. 1, on AGREEMENTS—The Insurance •above-named more specialized service in several distinct cate¬ Instruments, Inc., Cedar Grove, N. J„ announce that companies have been formed by its parent, Industrial Corp., Life 17,500 shares Alfred Holders of record May 20 may vote at the meeting.—V. See Note ■ • A. Johnson, Christian public a Boston, . ; interim notes. , are Corp.; utility holding company. One of the steps in tne com¬ pany's reorganization following the election of directors will be to free it from the jurisdiction of the U. S. Circuit Court of Appeals in the first mortgage 4%% bonds, series* A, due July 1, 1977 at their principal amount. These bond purchase agree¬ ments provide for the payment by $he company to each purchaser of an amount equal to one-half „of 1% per annum from Aug. 1, 1956 to render Holding purchase cipal Industrial gories cerns and • last investment "Bank , of the . PURCHASE of Minneapolis, the ,lumber 01 stockhoWers Industrial Instruments Holding order year of group Securities and plan a been 1960 or 10,000 shares being offered (see "Offering to Employees"). > employees Mutual net assets at outstanding KL 'SUT In one payment ' of BOND Fund—Has Record Assets ,Tlhis ,F„u"d' j*1 ]10th quarterly report, shows high of $67,907,041, in above. 'and , The ' at the election of the company by delivery of .cumulative preferred stock, $50 par value, for each $3 minority David Schenker, a lawyer. meeting will be the company's first Court for UDoes not include 37,500 shares reserved for Issuance to officers upon to Incorporated the adviser; - $50 principal amount of interim notes. of 1887. six ' " repaid at or prior to maturity out "Bond Purchase Agreements'' and be (see Agreement"). IPayabie .at maturity 1954 proxy fight, Is putting victorious in a group, candidates and the Johnson-Romney group will have three, group's nominees are Paul H. Todd, President of Farmers Chemical Co., Kalamazoo, Mich.; William K. Jacobs, Jr., director of Graham-Newman Corp.; John L. Burns, President of Radio Corp. of America; Henry Friendly, Vice-President and General Counsel of Pan American World Airways. Inc.; Justin Haynes, a private investor and a director of Bristol-Myers Co.; and Joseph Klingenstein, senior part¬ ner of Wertheim &, Co., investment bankers and brokers. ; $2,500,000 , None II508,567 shs. 750,000 shs. i___ the Securities and Exchange Commission which stockholders will vote at a meet¬ The majority 3,160,000 • 2,500,000 ♦ §50,000 shs. 1962 value)— par - 3,160,000 1982 due value)__ par the .bonds of proceeds one 1958 30, debentures on June* 12. tral-Illinois " * slate nine-man Todd-Jacobs The up 6,750.000 5,000,000 6,750,000 material cleared by the ing set for $5,000,000 6,750,000 1957 interim notes due July 31, .Common bond May 27, 304,448 Outstanding $5,000,000 1, September the research center International Hydro-Electric System—Slate Named-— Proxy PRESENT FINANCING TO Authorized July due subordinate 6% exercise Exchange Commission— an statement EFFECT 1977 series B due Nov. 30, 1977____ bank dollars 822. due i»."* * . 9 is IBM's second major under¬ in names In Coast '"co™e F"?d of Boston, Inc., Boston, Mass.—Registers With its ' for calls ' s Westchester County in recent months. Last company announced that It planned to establish a new on a 2z4-acre site in Yorktown, N. Y.—V. 185, p. 2447. After completion of both projects, the facilities will include approximately 522 409 miles of service lines, 196 miles of regulators and related facilities. mortgage bonds; 4%% , This program the Division will be on part Farms, purchased by IBM in Plains and Armonk to White move taking 253,000. at estimates distribution of Idaho Natural Gas Co. to construction the industrial certain to l The each of 14 additional* communities, as well connecting laterals to Pacific Northwest's main line. The aggregate water rigs, be of or¬ and present producing one of phase line main of Wenga as C&stie. systems in 4%% Co., Shreveport, La., and have approved the merger effective exploration, The distribution new CAPITALIZATION two The Northwest's Pacific laterals, and meters, pressure a ganization from the of bulk The known estate -v of a 1955. .property is in Armonk Village in the Town of North headquarters ultimate 440-acre to install, is .authorized Westchester builder, and is owned by by Sendar Rahmani, St. Corp. Grand 161 The the general funds of the , *. J i >, to and Endicott, N. Y.; San Burlington, the maintain operate a natural gas transmission and distribution system for the supplying of natural gas in 37 communities in southern Idaho. The company's initial construction program, expected to be completed in August, 1957, includes new distribution systems in each of the 23 com¬ munities to be served, the construction of laterals to connect such distribution systems with the main transmission line, of Pacific North¬ west Pipeline Corp., the supplier of natural gas, and the construction 1957—4 Mos.—1956 companies, according to an announcement made on May 27. Oil Co., of which Trans-Tex is a% wholly-owned subsidiary will substantial interest in the merged companies. The surviving ' company will carry the name of Rimrock Tidelands, Inc. • employees will be added people and constructed the con¬ from the sale of used for Proceeds ■par.y many Husky have will be proceeds facilities. ■ 4l/a% Trans-Tex Inc., to • the initial construction program in the ox distribution BUSINESS—Intermountain Gas Co. $3-255'336 $2,130,789 $9,001,117 $9,352,974 shareholders plus accrued 10&%, the and group soon occupy a new plant Vt. It operates- product development laboratories in Endicott, Poughkeepsie, and San Jose.y^yy y yy.' yyy o ./'r',y' In White Plains, the Division will lease about 70,000 square feet on three floors of an office building at 112-116 East Post Road, one-half mile from the White Plains railroad station. The building is being in and Corp.; Husky Oil Co.—Unit Merges With Rimrock— The of the company, option and 5V2% Rimrock balance company. "First —'VS185""" 1993™"" stock common company miles of 1957—Month—1956 the the financing will be spent on the estimated at $10,056,000, relating to 14 Included not that ■ population of both the initial and new project communities of the comT Corp.—April Sales Up— April 30— The building now under construction 1959, or sells the company's line of punched card ac¬ electronic data processing systems and digital Included are the 700-series large-scale computers, the 6p0serles electronic calculators and computers, and the RAMAC systems, The operations of the Data Processing Division are nationwide. There are three regional offices, in New York, Chicago, and San Francisco, a Federal office in Washington, 15 district sales offices, and 194 branch sales offices. The Division has plants and educational facilities oper¬ from program, of additional a computers. Pepsi-Cola RR.; 2447. p. at redemption .price .pf at a communities 1956. in occupy part of Y. Then, in rents machines, factures, counting ; additional N. ating or under construction in Poughkeepsie Jose, Calif., and Rochester, Minn., -and will redeemable be proceeds company's expansion consumers. Corp.; Dairies, Haven American of Peo, President. Foremost New corporations.—V. Stores Howard of York; York, New Security leading by Ralph F. director is of Co., Corp.; American other . May 27, on Textor Mr. Co. In .part, or struction Herold Radio & Electronics Corp.—Registers With SEC • to are PROCEEDS—Net begun 1886, p. of this year, about one-half of the Division's 850 head¬ completed an organizational realignment which established a management committee, a corporate staff, and six operating One of these, the Data Processing Division, develops, manu¬ corporate divisions. excluding interest. of commercial heavy debentures that it will move the head¬ the company's largest, from The move announced 9 Processing Division, New Ave., Plains, White company Natural Gas Company. Hercules Powder Co., Inc.—New Georgia Plant— May on Data its in New York will move into new buildings to be constructed on a portion of a company-owned 440-acre tract in Armonk Village, N. Y. IBM's corporate headquarters will remain at 590 Madison Ave, The IBM Data Processing Division was formed In late 1956 when the (EDT), 11, 1957. Intermountain Gas also is offering 10,- June 185,1 p. 2215, remaining officers, through non-transferable subscription privileges expiring on June 15, 1957. White, Weld & Co. is under¬ writing the offering of the 48,067 common shares to stockholders of Intermountain Gas Company and Idaho Co.—-Merger Approved— Electric England of In September subscription offer will expire at 3:30 p.m. 000 shares of common stock to its employees, 2332. p. at accord¬ contract between the two companies, are a the York City, to Westchester County. will be made in two stages and will be completed in 1959. Stockholders of Idaho Natural Gas Co., in The on Net corporation Madison 590 the subscription price of (1) new share for (6) shares of common held of record May 24, with the company International Business Machines Corp.—Unit Moves—> The quarters being offered rights to subscribe for 2,916% shares of Intermountain Gas common stock, also at $7.50 per share. 1955 from purchase by the underwriters of the units.—V. the in ance 1956 purchase to stock is conditioned, among other things, upon shares of company such each six EARNINGS 800 800 agreed of common stock which are not issued upon exercise of sub-! scription warrants. If White, Weld & Co. purchases any of the shares »I common stock which are not issued upon exercise of subscription warrants it is obligated to purchase and pay for all of the shares which were not so issued. The obligation of White, Weld <fc Co. to purchase quarters people will 1957. has Co. $7.50 per share, on the basis of one used by the company. Years Ended Dec. 31— & scares • shares 45,150 % Weld White, common purchase (Inc.) 2,500 800 Co. & Son & Co. Wm: F. Harper Co., rights to subscribe for 48,067 additional stock. Of the 48,067 common shares, stockholders of Intermountain Gas Co. have the right to shares of in Various machine tools and other equipment by the issuer. fee of 800 Weedon & Co.- Natural Gas prouucts. Hartford, Conn., comprising about 75,000 square feet of floor space, being used for manufacturing and office purposes; and a building, comprising about 43,000 square feet of floor space and constructed within the past several years, located in Simsbury, Conn., used for assembly, stock room and shipping purposes. Both buildings are located on land The ' • 1,300 Phillips Co. Republic Simultaneously, Intermountain Gas Co. is offering to holders of its common stock and to stockholders of Idaho proprietary machine electrical equipment manu¬ oi - 1.000 Co., & Davis, Skaggs & Co due debentures __ — Crowel 1, on subordinate 6% of Co. Co. Sullivan Central Securities Offered—White, May 29 offered in units — associates and from the date of issue. Its business is the performance 1912. manufacturing industrial other and issuer's the been in and Automobile attachments. and facturers lor work machine of contract tools has company since its incorporation duction shs. v, 62,500 (par $20)—_________ & Units- ' - 800 1,000 Vine: June 1, Con¬ sisting of a 6% subordinate debenture, $100 principal amount, and six shares of common stock which will not be separately tarnsferable until Sept. 6, 1957,-each unit is priced at $136, plus interest on the debentures accrued 124,291 12,364 54,945 shs. 4% note— January 19o8 note due 53/4 Eichler & Losworth, 189,600 shares of common stock (par $1). 1982 and 700,000 1968 Co. & $3,160,000 Outstanding $300,000 Rockwell Manufacturing Co. C.I.T. Common stock intermountain Gas Co. FINANCING Authorized Short-term Bateman, Boettcher Caldwell Weld PRESENT TO EFFECT Arthurs, Lestrange & Co Canada.—V. 184, p. 1914, pansion into interior British Columbia, have below named J. A. Hogle & Co.: _____ 1,300 Kidder, Peabody & Co., Inc. 3,000r Martin Investment Co 600 Murphfy Favre, Inc 600 The Ohio Co —800 Schwabacher & Co 2,200 Smith, Polian & Co , 800 Stone & Webster Securities Corp. 3,000 Walston & Co., Inc.— 2,200 'Watling, Lerchen & Co 800 Weld & Co—_______ 6,500 White. syndicate construction for pay corporations and Units y"yr, incentive CAPITALIZATION to firms UNDERWRITERS—The severally agreed to purchase from the company the respective numbers of units set forth opposite their names: yyyy /'y*.,sy headed by Galrdner & Co., Ltd., and Dominion Secu¬ rities Corp., Ltd., has offered at par $15,000,000 of 25-year 6Vc first mortgage sinking fund bonds. ■'; * ! This issue will complete the company's financing of current ex¬ office building .and for installation of equipment of an additional wage plan. and an privilege offered to employees is intended to constitute a option." Subscriptions are limited to one share for subscribing employee's monthly base rate of pay. The proceeds from the sale of common stock to employees will be added to the general funds x>f the company. stock "restricted each $3.50 of the Ltd.—-Bonds Offered— Natural Gas Co., Inland A . used be to are The price of the stock will be the greater of $7.50 per share market value of the common stock on July 1, 1957. The subscription common May 24, record subscription of the 85'£ or Pa.—V. 183, p. 209. plant at Allentown, annum.: per offering 10,000 shares employees, excluding officers, through non¬ privileges expiring on July 15, 1957. To be its to an time. any Industrial personnel at by made yvas such borrowings of 4 Vz % on employee must be on the company's active payroll on July be 21 years or more of age. Each subscribing employee will be required to make a down payment of 25 cents for each share of stock subscribed for and the balance of the subscriptions will be paid for by payroll deductions over a period of 18 months, prepayment of any of the balance being permitted at „ 1957 the right to sub¬ scribe on or before June 21, 1957 for 6,105 additional shares of common stock at par ($20 per share) on the basis of one new share for each eight shares held. The of Cloth to apply it to the expansion program." will be due Sept. 30, 1958. The agreement loan interest 1957 and 1, Purolator President James D. Abeles. Mr. Markert, who will succeed Douglas E. Agren as President of Industrial Wire Cloth, is also Executive Vice-President and a director of Purolator Products, Inc. and Vice-President of Purolator Products (Canada) Ltd., Toronto Ontario. 'u ' Mr. Nesbitt joined Purolator in 1950 as Quality Control Manager of all Purolator plants and recently was General Manager of Purolator's Wire the pay stock common transferable on Mich., operates addi¬ Mich. Last year it became Products, Inc., pioneer oil its new dry-type automotive bath air cleaner as original of top Announcement Conn.— Co., Hartford, is offering to its Machinery Offered—The company Stock stockholders several 1957 model cars. of the reorganization on * 719. p. Special at Dearborn and Petersburg, subsidiary of Purolator of Rahway, N. J., and recently replaced the old-style oil plants filter air announced was to and repayment under is OFFERING TO EMPLOYEES—The company is • of eligible manufacturer filter Expenditures during the year for new additions to and replacement, machinery and equipment required to take care of the increased volume of business and additional contracts were approximately Hartford Manager, loan such made Loans with headquarters at Wayne, wholly-owned a of $2,800,000—V. General ;V"\ and Vice-President as This liabilities at the year end. The marketable securities alone exceeded the total current lia¬ bilities. The book value of the 1,000,000 common shares outstanding increased to $27.43 per share. The company redeemed and retired on Dec. 31, 1956, $300,000 of its 2% sinking fund debentures through the operation of the sinking fund as contrasted with $175,000 for the previous year. Joseph H. of 22. corporation, May ' and cash of amount Products Corp.—New President Markert as President, and Justus P. Industrial Wire Cloth net income of $2.71 per share business and for distribution to the The proceeds to $6,750,000. up bonds will be used to repay loans agreement. The amount so repaid may be rebor¬ from time to time and the company expects to reborrow the full, company with share as contrasted for investment in the per before July 31, 1958, or on the under made year.'During $3.86 time the sale of the company's series A of equipment for moisture and and control to time and agricultural measurement fertilizer conditions. Industrial Inc. recently f&s acquired by Industrial Instruments Hold¬ company owned by employees of tne several operating and headed by Bernard Dreskin. instruments/ measuring and test tronic Co.—Earnings Higher- (W. F.) Hall Printing: ' stock (par Outstanding 70,000 shs. $10) 70,000 shs. domestic stock insurance company, was organized under the Insurance Code of the State Illinois in 1950. On Nov. 29, 1950 it was authorized to.commence business under the name BUSINESS—Company, Interstate •of Dec. On the of the In Co. 1956 fire has 1952, a of Co. the Articles Insurance, of were Incorporation, with the approval changing the name of amended, Interstate Fire & Casualty Co. the company caused the Chicago Insurance Co., a domestic insurance company, to be organized. The Chicago Insurance comnany stock Casualty 29, Director "a to capital of $200,000 represented by 20,000 shares having a par Volume 185 Number / " \ . . 5643 . The Commercial and Financial Chronicle . . ^ : value $10 of Fire & share, per Casualty Interstate marine Co. Fire of an Casualty reinsurance treaties the Co. s^uca has The 1 The Interstate is of insurance anticipated pensation its principally field other that in present the the effective life than • ' ; future. The Workmen's is Com¬ note also being given to the writing of plate glass insurance, wnich the company has been authorized to write, but has not written. It is anticipated that the volume larger of proportion The Chicago only under war, riot losses. the of inland tne Illinois marine is insurance chartered Insurance explosion, Code and marine will increase to write which class includes a transportation, business 3 fire, elements, 177, 1638. p. - _ Acquire Federal acquire, Peoples' Certain Gross will involved tne use Facilities FPC also has City. and of date same Extend both the the proceeds will be Peoples' Interstate, the bond and plans to s-ock from to the retire to bank redeem to Illinois Gas finance, remainder Definitive of of the use issues in issue base the 185, a 1987, be to The net This date payable for of is to Trust delayed sale Co., both only to of if beyond of the pay Interstate's 185, public the the be and price construction stock McEachern and sale at first Eachern of indirect the V. shares in Board Edgar competitive bonds bidding. make of in Kaiser of connection Aluminum 1955 Period due Net to from siock and rect to 45% and Investment Chairman It Corp., Permanente pointed be out at than more $600,000,000.—V. : 185, May on April 30, The 28 1957 in that which the will the profit wipe corporation's because income other ol 1957 the ior its for period for the the month for the year $46,411, as This reilects were annual of deficit 15 1957 cents will per be share of $68,839 which was 1956. It was further for report May, to earnings the out tax operating loss carryovers that there would liability for the year 1957.—V. 133, p. 1755. 4 tax Latrobe, Pa.—Quar. Profits Decline income 1957 * _ of $15,782,592 i 2,098,000 1,662.132 $3.50 $2.58 $3.01 $2.75 -—---———_ 603,225 $0.75 : * $0.75 $9,480,459 — $8,341,278 Although both sales and net income for the year to date of last year, for the quarter just ended they ran behind are ahead the 1956 shown below: as other 1957 income--—— 1956 $6,708,386 $6,861,998 726,089 943,409 $1.22 $1.58 income income—per decrease share is _ accounted ___- for by suspension of the corporation's Nevada Scheelite mining operations, as a result of the discontinuance by the Government of its domestic tungsten purchase program when Congress decided not to appropriate further funds. Nevada Scheelite had cents its taxes income, metal's on Scheelite Corp. —V. p. 185, was revenues and January-March in for mining operations. was to the nil income from other $860,000 during contributions higher In added share) per failed tain to be offerings filed its pubic of with of request, upon vacated securities of not the on made or exceeding notification A 2,500,000 the shares and question permanent. from registration exemption Regulation offering the file to (2) sold the shares $300,000 March on its of 4, common terms and required and the conditions of semi-annual which to use (1) Lockhart Regulation reports the A, in the reflecting proceeds were ap- company's offering circular failed to include cer¬ facts, including the intention of the named underwriter acting as such, the status of the underwriting agreemeni, relationship of the underwrtier to Lockhart and the offering. material cease the The of use these said matters offering "would circular operate as without fraud a appropriate and stock, the order stated.—V. 181, deceit disclosure of purchasers" upon 1878. p. L-O-F Glass Fibers Co.—Secondary Offering—A sec¬ ondary offering of 5,000 shares of common stock (par $5) was made on May 17 by Blyth & Co., Inc. at $15.50 per share, with a dealer's concession of 55 cents per share. It was completed—V. 185, p. 1388. Long Island Lighting Co.—Dedicates Station— This N. company Y., its honor May on Edward F. of Edward 28 formally Barrett F. Power dedicated Station. Island at The Park, station L. I., named is in Barrett,] present Chairman of the Board of Direc¬ tors of the company and its President from 1936 to The first generating unit lh the new plant has a 1953. capability of 185,000 kilowatts and its installation has brought total capability of the system to 886,500 kw. Of this amount 635,000 kw.—72% of the present system capability—has been added since 1948. "This power station and the four other new ' generating which have we unparalleled constructed growth tion of Nassau record since experienced Suffolk and not 1948 by are Counties direct a Nassau and stations measure Suffolk of Counties the dur¬ President, said. ."The popula¬ has than more doubled since 1946 exceeded company by any other area in the United States." has under construction two more electric generat¬ now size same the as initial installation in the Edward F. Barrett Station, one for service next year and the other in 1960. Expenditures for system expansion will probably exceed $500,000,000 in the next 10 years.—V. 185, p. 1994. Louisiana following products: seamless of a pre¬ products Period aluminum of program diversification, specified below.—V. missile, it above.—V. 185, 185, Both are Net Its target, Force Mr.. Haiduck not Grand by Rapids which control sup¬ and di¬ said. --v identify specific Lear subcontractors, manned known is components as Aircraft the Co. first announcement production time the to other on contract Bomarc shoot missile May has 16 been revealed was down to aircraft enemy presently in use , 1957—Month—1956 revenue— oper, from • $1,159,584 $1,067,496 214,775 ,199,980 841,421 1,383,196 1,842,600 Electric New in 896,391 $74,575 $318,163 $282,609' 14,438 9,309 37,941 41,599 2216. Light Corp.—Merger Approved— Electric System below.—V. P. O. May 23 opened on Montreal, north program T( of Canada, the in hew a part as 185, 9. p. Headquarters $1,000,000 Canadian head¬ of long-range a expansion border. Peterson, President, said operations Canada that fast as industrial Magic As • a$ the to necessary- growth.—V. 135, intends company keep to expand with tha pace 1045. p. Chef, Inc.—Proposed Merger— result a Giant of proposed merger of this corporation with Food Los Angeles, Calif., present Magic Chef, stock-, the common shares they now hold and receive, share of $10 par value 4% convertible preferred stock Markets, holders would for of each 623,490 their shares Under a Inc., retain in addition, one the common of shares. Magic Chef of has now outstanding ' common. terms * the agreement 575,000 common shares of Food Giant will be exchanged for 575,000 shares of Magic Chef common. In addition present holders of Food Giant stock will receive 0.4 of a Share of the $10 par 4% convertible preferred stock for each share , Food C. Giant M. stock one for will to The President called the convertible share of at after years shopping Magic in Chef, said a to authorize July agreement." stock will be entitled the the operates centers rate stock. common Giant of early special stockholders', "sufficient preferred merger preferred new be be cover two in held. Dunn, hieetlng will ry. oper. Bros. 469,844 This corporation 784,887 oner, income p. 313,078 England of $274,555 - $3,878,512 185, p. 2216. quarters 1957—4 Mos.—1956 $311,166 expenses $3,483,708 of v.-:-: ;:- $7,000,000 For $943,477 $9,206,631 fur¬ producer a aircraft. initial an Boeing. $768,951 Mack Trucks, Inc.—Opens New Montreal platforms, computers, data links, and gyro¬ flight stabilization of guided missiles Force-Boeing 5,328,119 ry. oper. oper. income Net railway automatic . 5,464,786 Dominion's does stable for 16 1957—4 Mos.—1956 1,369,134 $2,273,647 1,330,170 $8,948,494 expenses from rev. 1957—Month—1956 $2,138,085 revenue oper. See May team tnat Arkansas Ry.—Earnings— Lowell on the the on oper. Railway as & End. April 30— Railway 612. p. announced was Vice-President. Monsanto Co.—Acquires Detergent Rights— Chemical Co. below.—V. this Early dissolved $250,000 quarter 1957 quarter. 1957 fiscal (subject are to in and 1045. 181, are in the on Toledo, in of The date of chain a two to vote one shares of share per preferred preferred shares will be and, stock for non-callable issuance. of six modern supermarket food stores greater Los Angeles area. "Sales currently the Mr. Biggers also percentage April, the liquidated to of The profits 1956, proportionately caused by depletion) this to wholly-owned into (42 whereas and said considerably in The that the actual net worth of the company Is published figures because of the conservative the mounting costs of new buildings, machin¬ of excess depreciation policy and and equipment. Original cost of facilities was $169,129,000 and depreciated book value is only $65,292,000 whereas the replacement costs would be as high as $406,000,000 by engineering estimates, he ery said. "Obviously, prices if return meager of anyone were entering this business today, only a capital could be expected at present selling Invested on glass," he As invested plants reported. concluded. has company facturing $141,000,000 of capital equipment since World War and result funds II, "Our selling in was below a of as of 31 whole a manu¬ and "The is 1957 year has customer not have glass advanced nearly half maintained tial building starts low-wage countries market, and "As a 151%, and the hourly average result declined 11% in but of sales than Biggers for we into and 1955 Imports have both of glass percentage 1956. glass invaded domestic of Residen¬ from tbe American our sales and that said by ar.d effective utilization of as the whole a em¬ quarter our an corporation who entitled are 15 shares to to for Inventories pay May on 18,181 share per with profits before taxes President of Food Cummings, Files With — filed of a common letter of stock notification (no a for a new market.—V. 185, p. to par) employees other than those stock option. The proceeds with be salaried to are the offered employees be used to 2100. McCormick-Armstrong Co. Inc., Wichita, Kan.—Stock §mall-Milburn Co., Inc. and Mid-Continent Securities Co., Inc., also of Wichita, and their associates on May 24 publicly offered 31,940 shares of common stock (par $5) at $6.50 per share. PROCEEDS—The new earnings-to-sales ratio quarter." company had CAPITALIZATION Common paid liberal during the last decade, in capital for expansion out of earnings without any borrowings. maintains assets to a strong current stock proceeds GIVING less no (par to are EFFECT be used TO for general PRESENT cash to and 185, p. has a 1994. $5)__. • Outstanding 324,000 shs. 500,000 shs. BUSINESS—Company was organized in Kansas' in 1912, as The McCormick-Armstrong Press Co. Present name was adopted in 1947. original company was organized as a merger of two small printing plants owned by A. G. McCormick, Sr., and Charles H. Armstrong. offers to its customers fully integrated services covering The company all aspects of advertising, printing, and lithographing. The company in color printing and offset lithography in its territory, large part of its volume consists of full color work. The company's plant is one of the most complete of its kind in the United States. Nearly every service necessary to formulate an advertising was a and pioneer a program plant, printing assignment is located at 1501 or a which can be handled within the company's East Douglas, In Wichita, Kansas. places special emphasis on quality work. A subsidiary company, McCormirk-Mathers Publishing Co., Inc., was organized in 1912 as a partnership between J. E. Mathers and A. G. company Sr., subsidiary was A. G. and in McCormick, has owned that Sr., business the was J. in in In a Mathers and others 1924. 1927, Originally on the purchased death control the of of 1930, of McCormick-Armstrong Co., Inc., purchased McCormick-Mathers Publishing Co., Inc., and stock that time, since publishes paperbound school textbooks and other connection discontinued publishing corporation supply business. E. amount of McCormick-Mathers used become the school corporation. In 59V2% of the stock material position liabilities.—V. dividends addition depreciation corporate FINANCING The the of company of current than first the net purposes. McCormick, will be somewhat less earnings retained the ratio year maintain that 61% $141,000,000 of the of providing said developments our sales during the first can averaging 1 Asia cut succeeded we shift to E. Foodliners, Inc., Yorktown, Ind. covering $16.50 The these but believe favorable He 1954, 16.7%. and automobile high holding the profit reduction to 7 Vi %. think reserves to major extraordinarily declined Europe Our over. the . facilities "We have of continuing are ployment. 3.2 Theodore 2250. p. Authorized window of our employes have increased 450%. To have achieved such results it is obvious that great strides have been made in manufacturing techniques and efficiency." Mr. at safety straight-time earnings 1956 SEC Biggers increased— today is only 59% above what he said. "Our plate glass prices are actually 2% years ago, whereas during the same period building 1926," those materials price in Mr. its productive capacity has been window glass 56%, Thermopane 220%, plate glass 166% glass approximately the same. - 182, Offered—The v it $33,000,000 yearly Securities and Exchange Commission— Officer. Kenna- Nevada Kennametal Inc. was rate of $2,000,000," said.—V. Marsh longer range future of the flat glass industry on May 23 by John D. Biggers, Chairman O., Executive at the running approximating 862. p. Libbey-Owens-Ford Glass Co.—Net Worth, etc.— Optimism industry production which it attained in Quarter Ended March 31— Corp. to Air oper. Lever 1,557,000 1,801,061 599,225 shares — 1956 $17,918,118 — _. Taxes—per share income—per share U Dividends paid—per share Working capital at March 31 This on System Executive that to 185, See four entire the 1956. year Net Net ' per comply it amount Co.—Merger Approved— interceptor Air rev. Chief % profits earnings income and ' share pursuant to such exemption. suspension order, the Commission asserts that not that Food share. per increase completely that the the for $45,iz2 of income Net 797,779 shs. 1957—4 Mos.—1956 Nine Months Ended March 31— Sales 10c its Giant, announced earnings earnings will that quarter, line Electric Bomarc railway —V, $4,009,625 $15,771,165 $15,749,273 2,241,002 8,800,330 8,936,636 exceeded approximately $0.10 $26,000 Number In The Outstanding the sells drawn a Net - 2,656,516 estimated on and embarked multiple references, joint The Taxes at —a Lehigh & Hudson River Ry.—Earnings— . Kennametal Inc., Net indebtedness tubing, T-V folding aluminum chairs, printed circuit industrial mops and cleaning aids. Since Period End. April 30— 1887. p. 2,754,946 with and stock FINANCING incorporated In Connecticut on Dec. 2, place of business are located in Rock- parts, and has England by Railway Railway Co.—Sells Division— public the hearing, conditional a ing the last 10 years," Errol W. Doebler, „ 185, p. %./■ 678,062 Federal Sales the thereon. reduce PRESENT to Lockhart ing units of the range capacity "permitting it a far greater distance than any air defense."—V. 185, p. 1638. in 666,185 which no to of working capital. TO • Utah—Stock $6,812,637 $1,289. reflected used the snares debentures interest com¬ by Authorized was Electric devices awarded expect Cement $6,970,835 of revealed purchased shares, said 850,000 shs. accessories, supersonic have $1,768,623 ended is to : and aircraft missile disclosed has been Co., Corporation. $1,572,745 corporation around to be are not are accrued $1) office the the master scopic .-A and Kellett Aircraft Corp.—Deficit Wiped Out— and $1 20 outstanding EFFECT manufactures IM-99 the voiced by $3,651,942 3,039,860 125,000 plus added GIVING par Haiduck, nished and. from ry. oper. compared for thereof remainder household by While . earnings the shares exceed share value par to components other direct 2,202,864 . The 3,041,616 an (Mich.) Division and LearCal Division plies airborne electronic intelligence 521,- ana cash $3,775,609 Net railway oper. income —V. 165, p. 2216. 1956 per company New F. Mc¬ expenses oper. months offered event $1 ( and the See A. 39%. Industries 1957—Month—1956 30— the no principal and . Aluminum Industries and above.—V. Co. that at machined Bomarc corpora¬ cumulative pre¬ to the former President respect for should provides proposing Lear, Inc.—Supplies Bomarc "Brain" Components-^- 4 .This corporation is one of the leading subcontractors (for the Boeing revenue— oper. rev. $3,410,733 period (with in the Lawrence ■> • Southern Ry.—Earnings— End. April 230,000 1888. p. Net Railway Railway but company panels, aggregating $555,000,000 in 1957 as 1956. These capital expenditures are expansion programs alieady under way* with Power Kansas City extent stock antennas ' and Cement ".'-y-i '■ ';;r Interstate $3,881,942 - at Its cision - acquiring Kaiser Kaiser Kaiser Kansas City Power & Light See 1,633,417 $1.12 of I Ogden, Conn. The - , is common McEachern of of aggregate overall cost of an . $5,515,359 $3,851,770 stock common end BUSINESS—Corporation capital expenditures with $172,000,000 in compared at ' corporation's successively A. director - stock, the stock been President Steel, Aluminum common increase J. of "• Permanente has additional Kaiser Dr51,012 share v company's 1957 stock common corporation Cement stock its , the common who Kaiser, ,t will Trustees of an F. of Kaiser of tne common ' , merger, acquisition McEachern appointed ' the interest to stock A amount. 2216. p. shares Permanence This $5,566,371 $5,506,487 1,654,717 (net) opportunity suspension 1955, 441,037 applicable common the Common Corp.—Merger Approved— £ 2,475,363 stockholders. 1,164,111 shares assets. ? with 1955 —V. mortgage to the cost of the an the with| the SEC approved the merger into this Investment Co. elfective May 28. and of ! inc. gross of Exchange Commission-— of provides of Lockhart CAPITALIZATION program May 27 on McEachern result a ;_i from * ' ■ Corp., Securities and Exchange Commission, it was announced on May has issued an order temporarily suspending a Regulation A ex¬ emption from registration under the Securities Act of 1933 with respect to a public offering of stock by this corporation. The order Regulation $5,549,677 .____ _____ exchanged 1939. .' Kaiser Industries Corp. will issue 409,936 of its 6 V2% having : PROCEEDS—The net proceeds due bonds purchase registration statement a applied 185, Industries A. J. 2448. taxes * ' Uranium The whether 1887. p. offering is also made to the holders of debentures of the company the 2448. p. $15,600,000 to be are program.—V. stockholders mainly 185, $44,708,387 $43,077,080 39,158,710 37,510,709 —______ stockholders to outstanding first mortgage bonds Co. previously acquired by part, filed 29 issue offered proceeds Kaiser to year.—V. Hartford National Bank & to pany of ' that date 2100. involved. Electric 1957.—V. May proposed construction the new that oversubscription priv¬ Trust Co., Hartford, Conn., will receive subscriptions. No underwriting is ilege). 7> 23, in for each 2.2 shares held purcnase maturity extension and loans, the & ^Registers With Securities . The from (Conn.)—Stock Offered—The is offering to its common stockholders of rec¬ May 22, 1957, the right to subscribe on or before June 14, 1957, for 250,000 additional shares of common stock at par ($1 per share) at the rate of one new share first The company on covering of per Old Utilities. years 1957 — common evidenced j-D. 4% 10 of LaPointe Industries Inc. mortgage bonds, 4Vb% series due 1986 in definitive form, are available at City Bank Farmers Trust Co., 2 Wall Street, New York City, in exchange for outstanding temporary bonds in and deductions by $125,000 and Division, and etc. p. Jersey Central Power & Light Co.—Definitive Bonds and Kentucky mature note Basin Offering Temporarily Suspended— plied; income per ville, 021 by to of 3% company Maturity $4,000,000 Manufacturers and received used Northwestern As 1957, rate unsecured ^ , Dr43,190 income Shares notes. of ferred 2, the income Earnings parties. extend to aggregating no.es A purposes. by on Interstate Bank Interstate closing date the agreed promissory Manhattan York for been authorized short-term of at the _______ expenses —V. consist facilities $16,150,515 Chase The held now July revenues income Net Commission has authorized this company to City Power & Light Co. to sell, Kansas City's Electric Division, it was announced on May 15, & of tion ' "Lockhart Power and Net Kansas state lor replace Preferred stock diivdends Power and price of dated interest to - mainly of those used to generate and electric energy and to distribute natural gas in the area of Mason City, Iowa. The Peoples' Division presently serves 18,624 electric customers and 13,294 gas customers. After the sale, Inter¬ the Federal ord Gas facilities The the income Interest, distribute stock issued $20,000,000 Date of Notes— New with did 680,000 snares of common stock offered May 22 through an underwriting syndicate headed by Kidder, Peabody & Co. at $13.75 per share, were both all sold. For details, see V. 185, p. 2448. The be $1,500,000 be Operating and the The for bear Other , of 5% first mortgage bonds due 1987, which were offered at 100% and accrued interest on May 23 through. Blyth & Co., Inc. and Salomon Bros. & Hutzler and associates four to Operating Operating vehicle Interstate Power Co.—Securities Sold—The The application 12 Months Ended March 31— to physical damage, sprinkler leakage, crop and contingent Chicago Insurance Co. has not yec commenced operations, be fully operative by the end of this year, the prospectus stated.—V. The an Laclede Gas Co.—Net Earnings Lower— should To would would ahd total. Co. filed property The it and Insurance and damage, but fire note Dominion the enter Consideration has company seeking authority to acquire a note for $1,500,000 from wholly-owned subsidiary, old Dominion Power Co., of Norton, Va. its write may y Kentucky Utilities Co.—To Acquire Note of Unit— This 1 • powers ' (2559) ■—- Commission insurance.' will company near charter r . >; company. " under company classes It saia casualty ana Lie and inland with Underwriters at Lloyd's, London. all ox • — and paid in surplus of $150,000. owns & : . . field.—V. in with these the early 185, p. books. The school supply 1930's after the company entered 1638. Commercial and Financial Chronicle.. .Monday, June 3, 1957 The (2560)- 8 k:. fiscal yeur the , T&51f rSrl&LlS ''NrtlScSSrSrtte $164 share were 1957 six of or V. Oper.- expenses Federal Other --- _ taxes*- income Russell Net 2101.. p. ■ 1 for bank The B. designs and produces specialized microwave tubes primarily for sale to manufacturers of radar systems. The company recently occupied a new plant located on Route 128 at Burlington, Mass.—V. 175, p. 320. Bank; fifth See V. 185, Regional Office. a however, as management won cents nominee management was operating This plans corporation to spend an period four-year 1957 four $99,585,881 the in 1957 //'./.•' '■ Withdraws ft Co. — announced with of 24 Co. addition the taken and franchise "all" Fluffy Allen and Dishwasher President, Thomas, these products and Brothers working has with¬ a "all," Lever also will has continue assumed to full Lever Brothers is not new markeeting a controlled-suds powdered detergent. "After thoughtful consideration, Monsanto has determined its inter¬ ests will best be served by withdrawing from the consumer market in responsibilities. marketing field of synthetic detergents," Mr. Thomas Terms of the agreement were not disclosed. he the estimated Dixon Mr. share, added. said. earnings for 1957 at $2.50 per reported for 1956. He based this on System's $1.93 with compared present Arkansas rates and the number of shares now outstanding. The improved earnings, it was stated, reflect not only growth in System revenues but also improved efficiency.—V. 185, p. 1995. * • ;% Milprint, Inc., Milwaukee, Wis.—Exchange Offer— See Philip Morris, Inc. below.—V. 185, p. "** 1517. ' • demand v The leaf-savings hay fold by exclusive MM plunger-packer design. to 10 tons an hour, up new baler Is designated the MM Balor. "In-line" baling means that the hay travels in pickup head to bale chute.—V. 185, p. 1750. straight line from a bisphenol A pro-; for the poly- Division, to the attributed booming use the most of epoxy of resins. 50% the bisphenol increased A Domestic production of an increase of more than 1955 U. S. output, Mr. Lawler said/ >: the eppxy resins go. into surface coatings, especially primers, but Air. Lawler pointed out that their use in metallorming dies, die-facings and jig fixtures is growing rapidly. He esti¬ mated 7,000,000 pounds of epoxy resins went into tool making in 1956* over estimated An 70% of Expands Texas City Ethylene Plant— 14 announced Its newest hay baler with unique baling." economical power take-off drive, "bale-tension" twine and It bales ior the rapidly expanding demand these resins in 1956 totaled 30,000,000 pounds, The company on May tie, full-scale plant Minneapolis, Northfield Period End. April 30— Railway Railway & Southern Ry.—Earnings— 1957—Month—1956 A multi-million been dollar expansion $454,187 $384,227 $1,667,928 221,461 192,627 808,039 734 951 T * " Net rev. ops. $232,726 $191,600 $359,889 $706,053 inc.— 91,185 80,988 348,946 297,831 from ry. railway oper. —V. 185, p. 2217. Minneapolis, St. Paul & Sault Ste. Marie RR.—Outlook A. G. President, on May 21 reported the result of loss of traffic increased Mr. the Pacific the manufacture of polyethylene, styrene monomer and vinyl chloride monomer. The expansion is linked with the plastics industry's growing Alonsanto's p. 1,047 cars MacNamara was very satisfactory considering the sustained by the nine-day strike on the The first quarter shipments of grain 11.5% over the same period last year. January. or was 1957 and the possibility were the highest since This year the ontimistic of about business for the balance of will spend as 1956 $26,000,000 on when earnings roadway and which will include pretax a income the Bruhswick-AIurrav May 17. on said in formation of a the Co. of Auto¬ The'sale ' %* : ' letter to shareholders, Pinsetter corporation. the company early in up decided Alurray to 1956. investment its liquidate in a initial oi cost developing and producing the pinsetting As a result. Alur¬ in a much greater amount, extending considerably higher than anticipated. involved likely that corporation for the according Mr. to of recovery of deferment bank borrowings by the production schedule would be re¬ further 1957 Gould. large This would have made necessary the part of Murray and Brunswick to support the loans, which might have continued to restrict such recovery and the use of an important part of Murray cash balances. Air. in on listed Gould Pinsetter: the '- results of disposal the of Murray's interest ''r/ ; Alurray recovered ir> cash all of its investment in Pinsetter. Murray's contractural obligations with Otis Elevator Co. 1 (which made the machines) and others, including banks, have been released. / In addition to a cash payment for its investment, Alurray receives $5,681,735, which Will be paid and reported as income as follows: $1,390,522 received Brunswick of estimated $156,000 in cash of as of May $1,390,522 17; five-year guaranteed amount interest on received in the notes bearing 4% interest; these notes to be paid as earned, and $2,744,691 to be paid in quarterly installments as machines produced during the next several years. the $5,681,735 in pre-tax income, some are Of income the for will V. be last to be is estimated reported fiscal which year, ended $357,577 was reported as last Aug.. 31; $2,783,467 reported this year, and $2,540,691 is the amount- that hi the several nekt years as paid, said Air. Gould.— 185, p. 2217. St. Louis Ry.—Earnings— Nashville, Chattanooga & Railway Net rev. from railway Net —v. $2,978,040 2,286,331 expenses oper. ry. ops. oper. Inc. p..2217.% % 185, - 1957—4 Mos—1956 $3,073,541 $11,162,272 $12,265,124 2.419,185 9,140,208 9.418.426 1957—Month—1956 % April 30— oper.-revenue— Railway .. ' $691,709 % 234.439 " $G54.35G S2,022,064 247,442 ' 755,454 - i $2,846,698 " 1.251,382 r; " ? / production ethylene is used internally.—V. on payment of With SEC— May 27 filed a registration statement with the SEC the general funds of the company and applied the company's 1957 construction program Construction of Plans The Federal New kota, Facilities— has temporarily authorized this to Tlie estimated Federal cost Power of company horsepower of plans new the new facilites is approximately $1,095,000. Commission has authorized this company and operate $1,054,120 The Commission Power construct and operate natural gas facilities in North Da¬ Montana and Wyoming, its was announced on May 15. company to build of new natural gas facilities in Montana, to build compressor 1 May 9 filed a letter of notification with the SEC 23,529V2 shares of common stock (par $3t to be issued at through warrants to holders of the 5% $50 par pre-; ferred stock who are participating in the exchange of their shares for 5% debentures pursuant to a plarf of recapitalization adopted on April 8, 1957. No underwriting is involved. The proceeds are to be applied to the sinking fund set up for the retirement of the 5% debentures.—V. 185, p. 2101. The $10 company on per share National Bellas Hess, —V. 28.3 miles capacity. of pipeline and add 1,740 The new facilities will be Inc.—April Sales Up— 1957—Month—1956 1957—9 Mos.—1956 • $3,294,000 $36,543,000 $35,643,000 $3,411,000 Sales 185, p. 614. .. (Utah)—Stock Offered—Har-« City, Utah, on May offered publicly 400,000 shares of capital stock (par cents) at 40 cents per share on a best efforts basis. National Beverages, Inc. 185, covering a proposed issue of $10,000,000 of oebentures due June 1, 1977 (convertible through May 31, 1967) to be offered for public sale at competitive bidding. The net proceeds are to be applied to the pay¬ ment of short-term bank loans in the amount of $6,500,000, and the balance will be added to - covering 22 Montana-Dakota Utilities Co.—Registers company & Milling Co., Lamar* National Alfalfa Dehydrating Colo.—Files With SEC— 1 rison The results as favorable 1944. company 35 miles of welded ribbon-rail and 35 miles of second-hand rail for secondary tracks and sidings. There will equipment entire 2334. company in the Period Ended Apr. 30— the first four months* business in 1957 Canadian since seemed covenants completed here by this company's Plastics Division. new facilities, which have been under construction since March, toward MacNamara, also quired, The 1956, increase the company's ethylene production capacity by 150%. Alonsanto's Texas City plant uses ethylene as an intermediate in The Net final Gould, President, C. said was Pinsetter $1 441 004 expenses oper. realize of ethylene production facilities has 1957—4 Mos.—1956 revenue— oper. B. the noted It demand for all three products. - will it Brunswick-Balke-Collenper with the possibility of a prolonged approximately two-thirds of this total. Manager of resin materials sales for Monsanto's Organic H. J. Lawler, . Chemicals Minneapolis-Moline Co.—Announces New Balor— "in-line first powder' metal lunctional phenol. . * its of indication of said 18 the to January, resins and oil-soluble phenolic resins, it was announced on May 20. The expansion has taken place less than 18 months after Monsanto operation May on period Period End. company has doubled its production capacity at St. Louis, Mo., for bisphenol A, a resin intermediate used in the manufacture of epoxy an compacting over a much longer period of time than was originally planned. Mur¬ ray's cash involvement, he said, reached a high of $16,006,000 this past . duction, of a 24. May a became financially ray Expands Bisphenol Facilities— announced consists as diversification, product on - . This , the machines • investments, in Corp. income, Gould Ke "all." Monsanto said Lever of program range : > Products— ihe field of powder metallurgy,' entered fabrication motel. a compressed company form over bonds which "* - manner because of certain conditions which created a greater than normal business risk for the company. with Lever the synthetic market to has of of " " share one profitable fie'd, low-sudsing detergent condensed the to the Pinsetter Afr. v!" * V • ■,!/■% ■ From Sale of consumer the years, amount four of to- be used, for the. modernization^of high pressure that This "all." the elected ; purchase principal expirotlon or Murray and Erunswick-Balke set the completion of whereby Monsanto the detergents in trade-mavk the May on Brothers Lever sale to option $100 /■;/ are,, This method v covers $993,601 was given each took place May 2 and v/as made 1957, same first. be for payment $5,681,735 from the sale of its interest in '/■%7 " Chemical the from Charles (1957-19601, > Murray Corp. of America—Sale of Pinsetter Stock— compared they period last months ,of will stock corporation The $25,372,924 were the For with v- manufacture estimated $285,000,000 on new . 1956. bond final President,'announced of the V , . % . obtaining Edgar H. Dixon, President, -told the New York Society of Security Analysts. Mr. Dixon said the expansion program calls for the expenditure of $88,000,000 this year, $63,000,000 in 1958, $73,000,000 in 1959, and $81,000,000 in I960.He also stated that "present indications are that Middle South will invest- $19,000,000 to $20,000,000 in the common stocks of the System operating companies through. 1959." The board of directors may consider an offering-of new common stock within the next year or so for the purpose of raising some or all of the equity capital for these the in . detergent Plans Large Expansion— This April company drawn has been has metal die, and heating ori sintering the part particles'are welded together to provide the! necessary strength. High speed production, accuracy, lowrunit costs and original designs are among the advantages of this process.— V. 185, p. 1517. 1• 1956; for the four with $1,800,000 for April arrangement $137,777,852, construction April •- in income 7'. 12 months were $161,961,958, com¬ $152,988,797 during the previous period. Electric revenues up 7.5% over the preceding 12 months!- with April in revenues compared In firm, mortgage bonds to be offered $1,000 each*. No underwriting and $500 long matic * each step in its L. Riggin, Sr., under - $99,685,609 operating revenues for the Total . Exchange Bank. New defeated by Mr. Davis. - Corp. owns 19,860 shares of cluss B stock and Mr. 8,500 shares, Colonel T. C. Davis, head of the opposi¬ Monsanto $4,108,232, . Norfolk, of letter of notification with a 5% 10-year of Fred Detergents in Consumer Field— share. a pared was Services company. further Johnson, Vice-President of Inter¬ Chairman of Commerce Trust L. of upon occurs This of the so for ; cents a share, For the first four equal to 54 this year. reported for tne first four months of of 1956 consolidated not income months Norfolk the -Mueller Brass Co.—Diversifying , months of 1957, $900,000 was accrued the period last year. After mandatory capital and sinking fund appropriations of income, April 1957 shows a balance of $127,182 compared with $260,751 in April 1956; for the four months of 1957, $1,426,533 compared with $1,544,250 for the same period last year.—V. 185, p. 2450. share earned during the previous like period. Consolidated net income of $4,849,317, equal to 64 < by Shearman and B. compared a of Richmond May 20 filed on common $1 The 'proceeds compared with $1,280,918 in April 1956, and for the four months of 1957 was $4,902,672 compared with $5,125,099 in the same period of 1956. In April 1957, $100,000 was accrued for Federal income taxes compared with $500,000 accrued Inc.—Earnings Increased— corporation and its subsidiaries increased 15.8% to $17,268,976 for the 12 months cml£cl April 30, E. H. Dixon, President, announced May 27. : " ' Consolidated net income for the 12 months was equal to $2.27 a share on the 7,598,106 common shares outstanding. This compares with this of Income /.% 17. May the $250,000 of par at ever meeting comfortable margin. The Kemper, M. $25,290,324 Net 2334. p. Middle South Utilities, Net . management despite a director of the road, whose term expired on May 14, re-election for himself an1 election of John M, Balliet, G. Martin Brill Watts- sought in of Mortgage of company on denominations (in no held President of Chemical Corn Grainger, year. corporation and North Star Cil & the SEC has postponed to July 9 and July 10. 1957, respectively, the hearings on the question whether previous orders temporarily suspending Regulation A exemptions from registration under the Securities Act of 1933 with respect to public offerings of securities by the two companies should be vacated or made permanent. The hearings are to be held in the Commission's New York were seat James James Co.; about Total request of counsel for this Uranium Corp. (both of New York t, Pyle. Mr. to Involved. stockholders' annual places on the board up for election.-. management nominees were Robert H. Craft, with Corp.—Hearing Postponed— this President Ott, corporation Holders of ~ April Net Income Lower— At the was his held were $1.96 director" the at corporatiom Mid-IIudson Natural Gas A. covering par is President of this Chairman, a 21st Colonel Davis, Thomas and components, f watchdog tion group, said, had according year, : announced Vice-President Allegheny Harrison development of new products. The the had Harry W. Harrison of Philadelphia, Pa., formerly Chairman Preferred Stockholders Protective Committee- for 16 years. and loans last Motels, Inc., Seattle, Wash.—Files With SEC— Allegheny Corp. had given its proxy for its holdings of Missouri stock to the /'Stockholders in Opposition to Management," as ,, proceeds from the of current $9,000,000 with merge* was The who has been named the board.% balloting Davis Mr. Shoe the The the sale of the shares will be used to the balance added to the company's working c&pit&l and used for geneiv.l corporate purposes, including the financing of inventory and accounts receivable and expenditures Part : reduce Neff, J. "a as from the of Manhattan Pacific covering the from 2784. p. Warren a Co., Kansas City, Mo.; and Abraham Wutner, President of Meadowridge . • Mortgage Investment Corp., Richmond. Va.—Merger The at successful Isaac , May ,16 became on Paul post him results that Tlie of common stock to be under¬ proposed public offering of 50,000 shares written by Lehman Brothers, ./■%■ his oust to York, corporation-on May. 29'..nnounced it has filed , a statement with-the Securities anu Excilange Commission The 184, Inc., I'ark, Inc., Baltimore, Aid. Inc.—Registers With SEC— registration Microwave Associates, ' • Cash income—gross income less operating costs—will climb $10,000,000 to —V. Davis, former Chairman of the Missouri Pacific RR., C. four of the live 6,466,154 cash increasing "Even greater outlays are anticipated in 1958," he added. company now has a backlog of about 100 wells to drill, Mr. Pyle said. RR.—Recapitalization Plan— other members of his slate were defeated, $7,122,550- 7,147,671 " T. retained Final Chase $7,947,033 2,154,053;.- 2,547,096 -";■:'. charges— 185, $2,355,006 $2,813,274 income operating after —V. Dearmont succeeds He office. showed 4,216,210 next Aug. The Pacific RR.—New President Elected— Lee railroad. efforts 4,868,117 for company Missouri . outlook development expenditures for the 1957 fiscal year 31 have increased to $5,500,000 from $3,500,000 the said Pyle SEC has the of before. year will call a special stockholders' meeting for a vote on changing the 808,971 outstanding common shares from no par to $5 par.—V. 185, ]>. 2450. ! The because stock last. the Mr. ' ending preferred share. has 667,500 preferred shares outstanding. As of to $106,053,795, or $159 per share. now policy abandoning its 80-cent annual cash dividend is common is tion dividend arrears amounted 31 national Net equal to $79,645, was for each stock The company Dec. new 1*398,249 : ■ 1957 has proposed a third recapitalization company common Co.—Earnings- 1,620,471 oper.- taxes—-.. fiscal of , 1957—-Month-;—'1956 ■ 1957 J Mos.- 1956 ^ $21,961,656 $20.7-19,182 $64,621,485 $60,848,993 15,005,574 14,806,700 44,740,416 43,009,806 2.522,537. 2,159,221 7,065,919 C.500,372 period End. Mar. 31 Operating- revenues half plan to wipe out the interest arrears on its 7% $100 par preferred stock. The plan, submitted to the Interstate Commerce Commission, calls lor holders to receive $100 of 5'%% 75-year income debentures, a $100 certificate constituting a charge against income and one share of Co.—Successor in Merger— Bell Telephone Michigan 1956. 29, first the per Missouri-Kansas-Texas The Electric System below. See New .England April for income cents September, company It payment. 1953. 20c a of record June 1, but said has been making sucn pay¬ stockholders to cash requirements for exploration and development, it was announced by Howard C. Pyle, President. ► ' • , "If the firm pays any dividends in the next fiscal year, they'll be stock, not cash," Mr. Pyle said, indicating that current cash declara¬ Reclassify Stock— meeting of stockholders has been called for June 3 to consider a plan designed to permit payment of cash dividends. Malcolm P. McLean, President, saici the publicly held common would be converted to series A stock on a. share-for-share basis. He said his own series A shares and those of James K. McLean, would be exchanged lor series B shares. They hold 4,800,000 ol tile 8,100,000 common shares outstanding. Under the proposal, cash dividends could be paid on the A stock without the -payment ol such dividends on the B stock. No dividends of uny kind could be paid on the B stock without payment ol an equivalent dividend on the A shares. .ilic A series C stock also would be created, but Mr. McLean said this would be done to comply with the laws of Delaware,, where the com¬ pany is incorporated, and it was not expected that any of the C shares will be issued.—V. 185, p. 1888. r ended months 15 the last be since its on share on the 1,593,604 shares outstanding at the end the period. In the comparable 1956 period net income was $814,172, 51 cents per share on the 1,590,654 shaies then outstanding.— 185, p. 1889. special Merrimack-Essex Electric ments corporation reports that sales lor the six months ended May 5, totaled $53,794,820 compared, with sales of $54,571,347 for the Net five $578,813,402, largest for any In the 1956 liscal year, sales Industries, Inc.—To McLean A June -The The -,V> . the regular quarterly dividend of declared have payable would this Earnings Lower— Maid Corp.—Sales and Minute year were in directors -The products.—-V. 185, / '* by short- construction * 185, pp. 2334 and 824. Monterey Oil Co.—Drops Cash Dividend Poliey— i share, and and 1950 were 1,800,0.3 the company's history. $530,324,516.—V. 185, p. 721. period expects of -.•*-y.'i-.x it will finance the hew said term borrowings.—V. ••: v ; - ■ Montana-Dakota shipments to equal lagt jear and he said the increasing devel-% Western CanKda is bringing, continuing increases in the ore company's tonnage of merchandise and manufactured p. 2450. » quarter ended JI^etn^de^°in'the*1957*1 iscal like iron optnent March 31. 1951 was <3,070309 provision of $3,483,283 for Federal income taxes, equivalent to per share, compared with net income of $2,701 662 or $1.48 per in the corresponding • 1956 quarter when the tax provision after freight new Wis., shops. '•!'/:%•!' Despite bad lake shipping conditions in April, Mr. MacNamara , net income The 761 for reserves. gas ■< provides for three dlesel electric locomotives and cars to be constructed at North Fond du Lac, The 1957 budget also •!« • ... amounted to $10,440,235 after provision of $11,671,856 for Federal income taxes. This was equivalent to $o.Gl per share of common stock. In the corresponding period ol 1956, net income wa3* $8 602 214 after prevision of $9,778,040 lor Federal income taxes. ; May 23. announced on - greater amounts of gas-from the company's Tioga, N. D., * used to draw while miles of rock ballast applied, 130 will be renewed. 10 bridges earnings end ties Installed, be 370.000 cross Bobbins, Inc.—Sales and Earnings Rise— of this. corporation reached, all time highs in > ended March 31, 1957, George Van Gorder. Chairman, McKesson & Sales 20 S. Brothers & Co., Salt Lake PROCEEDS—The net proceeds are to used be for expansion and working capital. CAPITALIZATION GIVING EFFECT TO PRESENT Authorized Capital stock (par 20 cents) 2,000,000 shs. FINANCING Outstanding 900,100 shs. Sept. 3, 1947, in Utah, under the name of Pepsi of Salt Lake City, Inc. The company started production and distribution of beverages in Salt Lake County in 1948 and has continuously bottled and distributed soft drinks in this area since that time. Its name was changed on July 21, 1950 to National Beverages, Inc. The principal office of the company is located at 1030 South 6th West Street, Salt Lake City, Utah. The company is engaged primarily in the bottling and sale of Pepsi Cola, Hires Root Beer and Bireley's Flavors, and in the sale of Pepsi Cola fountain syrup in the Salt Lake County territory, under exclusive territorial appointments from Pepsi C0I2 Co., the Charles E. Hires Co., and Bireley's, a division of General Foods Corp.—V. 185, p. 2334. BUSINESS—Company incorporated cn Cola Bottling Co. was I , Volume Number 185 5643 . . The Commercial and Financial Chronicle . 9 (2561) ! National Can Corp. (& r Three-MontUs Ended ; Not. sales Federal income Net Net income tax tax Two of ' 115,726 63,000 $48,100 $52,726 $0.04 $0.05 realize America's leading the Sales executives Exectitives' be to < held Angeles from June 4-7.: will 22nd the at receive Annual Biltmore . special Chairman in the of • ; Mitchell, Inc., will Products, Award" as most further to The NSE business help be the the the of of executive the who Convention hear the of annual Sylvania "NSE throughout the and speeches, at Electric has done and for idea greater respective the Added industries and DIVIDENDS—The Halsey, a the of Co. prior My 31, and be 1, used balance, than of to of of will the the public The in from for option 100.30% the for for redeemed on those after or June from 101.25% those redeemed of is from subsidiaries the sale of for and the the six non-utility subsidiaries holding Brooke of revenues the amounted company GIVING EFFECT TO PRESENT 1979 5*2% sinking fund debentures uue 1982 Bank loans due Lemon to from the debenture^: Peabody Co.. Lynch, Pierce, Central 1^50,000 Republic Lee 5,000 Company Company, Inc. 5,000 5,000 Clayton Securities Corp 1,000 Farrell & Co ——1,000 5.000 The Corp, 1,000 5,000 4,000 3,500 Hill Brothers— Kormendi & Co., Inc.— 3,500 Scott, Co._ & Hutton & & and Company—_ Co. • —- 3,OOo 3,000 2,500 & Mosley Incorporated Sutro —V. shs. Co.. & 185, of 2,500 & -V. installments to ana including 39 pqual semi-annual • * * " used of the cost of about 75% to pay 22lff. May 2450. p. Natural The rary in Federal Cooks & Co. of area Co. of Coles 16.' the for tempo¬ company Atomics of electric proceeds 2450. be to are / Exchange Commission decision a are Haverhill used ' . -A for ; . . approving the May 23 on proposed merger • , large resultant provide financing subsidiaries. The of will stock in be to constituent operate in all in Massachusetts, Merrimack-Essex Electric Co., the of 1% other shares of found nority as of of of the Haverhill; of the of Merrimack its a merger, further subsidiaries, mation of this of for future and render of The NEES obtain stock of oldest ..v of as of share hold to 80.6% 19.4% eliminate . the 185, p. of the NEES and Concluded above.—V, 184, p. 1798. Before A novel both VTVM magnitude valuable Westbury, Inc., N. Y.— having a phase sensitive rectifier which can and well developed as been measure perform signal has of a functions phase test electronic as by this other cor¬ instrumentation and automation specialists. Both a lab¬ oratory and production-line tool, it is already being used to zero synchros, potentiometers and other components of missile control & the Wisconsin, * accordance for Co. with the AEC's the Milwaukee of reac¬ plant and has been Pioneer Service & generating plant proposed to be built Boiling Reactor. New elements to make "significant con¬ expected are bringing the generation of electric power from a competitive position with conventional plants, King, NSP President. Utilities Ceneral States Power Atomic 185, Co., Tail Otter Power include Power Co., 2451. p. America, Inc.—New Control— Newark, Inc., Co., has J.f N. subsidiary a of Engelhard Indus¬ acquired controlling interest in Norris, Nuclear Corp. President, Norris Nuclear said management, the of Nuclear Corp. of America, announced on May 18. continue under the direction of will Corp. as President. not announced. York-based electronics company, and acquisition portable models are now available. principles, specifications and application of the phase angle voltmeter is contained in the com¬ pany's "Instrumentation Bulletin 357." basic Four rack and information mounted operating on Corp. Industries he will remain were is is a New a group Engelhard of 30 corporations, including units in Canada, France, Italy, Switzerland, South Africa and England, Australia, primarily engaged 183, p. 2226. metals.—V. Ohio Bell Operating taxes income precious Co.—Earnings— 1957—7 Mos.—1956 $19,770,632 $18,471,142 $58,491,086 $54,623,769 12,887,420 12,100,955 37,811,782 35,295,670 expenses Federal fabricating and 1957—Month—1956 revenues Operating refining in Telephone Period End. Mar. 31— 7,810,407 2,744,127 2,536,184 8,267,715 Other operating taxes— 1,465,286 1,351,019 4,459,725 3,979,964 Net operating income $2,673,799 $2,482,984 2,482,322 $7,951,864 7,966,286 $7,537,728 7,533,607 after 2,681,061 charges™^ 185, 2102, p. Ventures, Securities The and Salt Inc., Lake corporation filed 13 May on City, Utah—Files With Commission— Exchange a notification with the of letter 2,500,000 shares of common stock to be offered at par cents per share), thrcmgli Mid America Securities, Inc. of Utah, Salt Lake City, Utah. The proceeds are to be (used for expenses incident to the development of oil a'h'cf gas properties.—V. 180, p.* 1539. SEC'covering Outboard Marine Corp.—Registers With SEC— announced that the company Securities and Exchange Com¬ of the new 30 cents par will result from the 3-for*l split voted by G. Rayniak, President, has registration statement with the Joseph filed a mission value covering 24 May on which stock common 486,058 shares expected shareholders May 24 to be effective May 31, Tnese shares are to be offered to the company's stockholders of record at the business shares 14, June on held. now A the in 1957 of group ratio of new one investment firms close of share for each 15 headed by Morgan Stanley & Co. will underwrite this otxenng. corporation produces Johnson, Evinrude and Buccaneer outboard motors and Lawn-Boy power lawn mowers for sale throughout the The It world. also produces Pioneer power chain saws-in Canada. company's recent expenditures for expansion;, modernization and out of plants and facilities involved a capital outlay of $15,381,000 during the 18 months ended March -31, 1957. Capita) The rounding cxitenditures anticipated over' the next several years aggregate including the construction of various manufacturing, now about $45,000,000, research testing facilities and-the' purchase ,of substantial quan-. machinery and equipment. Approximately $32,000,000 of this and titles of total (based present estimates of cost) is expected to be expended ending Sept. 30,'1958, about 41% thereof for and factory space and the balance for machinery, on 18" months the during additional land equipment and miscellaneous items. expected that the proceeds from the sale of the additional stock, after estimated expenses of $88,000, will be added to the company's general funds, and such funds will be used from time to time for the capital expenditures outlined above, for working capital, is common for corporate Other such purposes as the company may determine. has been allocated to any particular augment its funds available for such purposes, the com¬ pany intends not later than Sept. 30, 1957, to issue its 4»A% note due Jan. 20, 1976, in the amount of $4,000,000, pursuant to an agreement dated Dec. 29, 1955, as amended. The-company is also negotiating at However, no part of such proceeds To the present of $10,000,000 the May* on approved 24 of number shares of stock a the next year, of margin a motion amendment increases wide The from 4.500,000 to value per share 'mm om/ic split.—V. 185, p. 2375. par three-for-one of by incorporation. certificate the authorized reduces a time for the private sole, within additional long-term indebtedness. stockholders The amending the Complete North to 30c and 13,500,000. provides for stock Pacific Finance Corp. on as route a well town, June will 1 of to Omaha, Neb., route are Faigo, N. D.; Water- service inaugurate orginating at Grand Fcrks, N. D. Brookings 011 and ihe north-south The Falls, Sioux S. D.; City, Sioux Iowa; V. route and 185, p. 1156. minority interests in all 120 days of the consum¬ See the increases number North of cities served 22% system Central's 51 to nine in to 3,240 States,— ■ Star Oil Mid-Hudson & Uranium Corp.—Hearing Natural Gas Corp. above.—V. 185, p. (Calif.)—Registers With SEC— There part of the 1,222,164 shares of 5% and Bank have been sinking fund accrued & offered be Water called Co.—Partial for collateral interest. redemption bonds, trust Postponed the sale are to be used to reduoe bank loans and working capital.—V. 185, p, 2451. on due July Jan. 1957 $249,000 1958 at 100'' Mellon National 1, 1. Inc.—Merger Plans Dropped— has dropped plans to purchase Hufford Machine Calif., according to Donald M. Smith, President, A conditional contract was announced in April but Mr. Smith said he and This corporation works of El Segundo, L. Bengston, to conclude the President sale.—V. of Hufford, have mutually agreed not 184, p, 1480. 2375. Redemption— will be made at the Trust Co., Pittsburgh, Pa.—V. 184, p, 1125. Payment registered with the SEC 164,604 shares through a syndicate headed by Blyth proceeds from Pacific Northeastern 29 and Nor¬ 2102. New York Shipbuilding Corp.—Stock Offered—Public offering of 191,660 shares of common stock (oar $1) of this corporation, comprising to May Inc. and Hornblower & Weeks. increase Merrill North it stock on Pacific Industries, 580-mile route-miles outstanding corporation common & Co., The folk, Neb. 99 7% that on Cities to be served of This Central Airlines, Inc.—New Service— corporation con¬ Utilities. follows: This . Minnesota, S. Neb—V. purpose. poration, mi¬ consent stated in Re-circulation Colombia, and Industries, Atlantic North Announces New "Phase Angle" Voltmeter— 2Vi the Lowell then has by Northern interconnected sys¬ main in Haver¬ Amesbury; 97.6% of Essex County; Lawrence; and 61.4% of Lowell. As the public developing and operated the as reactor Winona, present It . American Car Corp.—Merger Talks See Evans Products Co. Commission and the Public subsidiaries including Merrimack, within merger.—V. of companies. Department the to to outstanding will the program merging each Lawrence; Lowell. both necessary of of stock for share each of NEES and of receive stock for share fair the is stock shares each share the will Merrimack ratios it of 90.7% result file for Massachusetts owns stock will each merger, outstanding 69.3% vehicle economies companies of Merrimack each for two-thirds presently operating merging shares shares of exchange of the of approval the • . the systems. Merrimack stockholders holders NEES of of proposed summation the ls8 l'/8 Merrimack the effect economical merger, holders of the outstanding stock will continue to retain such stock. Holders four follows: shares to more the Electric Amesbury stock; hill; able called and companies areas, consumers. terms as be suitable more County Merrimack, to company, service the Essex of a and- improved of • ... North of this holding company. The five companies Amesbury Electric Light Co.,-Essex'County Electric Co Co., Lawrence Electric Co., and The Lowell Electric efficient Under of one Electric contiguous and closely related geographical The is portion of ASEA's production capacity is devoted to the machinery and equipment for the generation, trans¬ 2218. the of of-its will %' - ASEA the five of Corp. more 1883, mission/and distribution of electric power, ASEA power, equipment is well represented in major electrical generating plants all.over the world. Also active in the nuclear reactor field, ASEA in presently designing a 75,000 kilowatt atomic reactor heating plant in Sweden.—V. 185, p. announced Merger of the five companies was proposed by NEES in pursuance policy to merge its utility subsidiaries 3o as to have larger and ' in /manufacture, of subsidiaries -involved Light The invoLved. England Electric System—Merger Approved— Securities apd issuance V:. •' and largest organiza¬ industry in Europe, and has, 34.700 employees, with representatives in 50 countries, ASEA products and services include the design and manufacture of all types of electrical equipment and appliances, '/•' ' 1 1 -V* 7 :!■ May 25, New The . International Inc. Founded - is for general research and development according to Dr. Chauncey Starr, General Manager and Vice-President of North American Avia¬ of power, and the nuclear field, tion, The company on May. 17 filed a letter of notification with the SEC covering 4.000 shares of .common stock (par $1Q). to be offered to employees at tne average market price during the week ended 185, p. /" v./.'' tions In the electrical manufacturing and power Co., New Britain, Conn.—Files Exchange Commission— underwriting generation in New Britain Machine With Securities and 1957.-NO V. : of storage facilities Counties, 111. The esti¬ and Douglas , its on communities ' contractor this into of Sam Mr. the agreement to provide for agreement contemplates mutual assistance between the two com¬ panies in the design, construction, and installation of iluclear reactors Illinois—Expansion— mated^ cost of^ the proposed facilities is approximately $3,729,000. working capital.—V. assistance the field of nuclear The Power Commission has granted this to construct and operate natux*al gas Mills terhnirn.1 a in 500,000 placed atom-powered of Allen Co., Baker Agreement— North American Aviation, Inc.—New 550,000 Joseph Walker & Sons Gas Storage uuthority the 1,100,000 of purpose and (10 300,000 185, 1 the owned Manufacturing Chicago of Northern Oil 350,000 Inc. be charges, use Nuclear Corp. of Ry.—To Issue Equipments— Western Sehwabacher Co., Central Associates, in addi¬ Mississippi Valley Public Fergus Falls, Minn.; Interstate Power Co., Dubuque, Iowa Power & Light Co., Des Moines, Iowa Southern Utilities Co., Centerville, Iowa; Wisconsin Public Serv¬ ice Corp., Milwaukee, Wis.; Madison Gas & Electric Co., Madison, Wis.; Northwestern Public Service Co., Huron, S. D.; St. Joseph Power & Light Co., St, Joseph, Mo.; and Central Electric & Gas Co., to Net plans to receive bids on June 13 for the purchase from equipment trust certificates to J?e dated Jutqs 1, 1957 company $6,450,000 proceeds are to be freight cars,—V. 185, p. new 700,000 500,000 the program. toward to Members tion —V. nfet 750,000 ,V for be 500 Controlled a energy Service & 2,500 . mature' in 1, 1912. June Co.— atomic according Horner 2450. p, Norfolk 'The 1,000 1,000 Co._;—.———1,000 & Co.——1,000 Smith, Bishop & Co 1,000 Sutro Bros. & Co — 1,000 Henry F. Swift & Co.-—— 1,000 Varnedoe, Chisholm & Co., Inc. _—■. 1,000 Wyllie and Thornhill 1,000 Rlppel 3,000 Podesta Cleveland First * extensive cooperation energy has been reached between Atomics Inter¬ national, a division of this corporation, and Allmanna Svenska Elektriska Aktiebolagct (ASEA) of Vasteras, Sweden, it was announced on <fc genera¬ Energy Com¬ with 1,000 Hentz F. 550.000 McDonnell — will will prime of as design Nuclear 2,000 Van Alstyne, Noel & Co, Goodbody & Co.—; Kean, Taylor & Co Pont Robinson-Humphrey the 2,000 1,500,000 du Co. & fuel Co. type is known —_ Fahnestock Francis I. The of the as 1,590 aojd Co electric Atomic architect-engineers.' A license to permit ownership and operation of a reactor will bo requested of the Atomic Energy Commission in the near future, after the location of the plant has been agreed upon and engineering plans further developed. tries, LaGrange & Company J. Barth & Co amounts Co.__ utilities nearly Allis-Chalmers selected Inc., Baker, <fc the plant. plant and demonstration 2,090 1,550,000 Weeks & to collaboration Associates, it was announced oq Mgy 29. The recently formed by Northern States Power midwest serves Engineering 2,000 1,550,000 Hutzler in was power Co. atomic-fueled made was company Dakota. waiver a 5,000 Co. Co. 3,466,960 - proposal Terms Newhard, Cook & Co ——————$1,000,POO Higgiuson Coip i.UoU.uOO $8,679,429 3,809,09a to the AEC, Northern States Power Company is asking for assistance in research and development as offered under the AEC's third-round reactor demonstration program. It is also asking 2,090 Bros. & its 2,000 Fridley, Hess & Frederking Reinholdt & Gardner,! (Inc.) ™ —_ Bcane.— Salomon In 2,000 it The First Boston Corp.._$1.550,000 which South Stifel, Nicolaus & Co., Inc. J. W. Tindall & Company have severally agreed to principal Power proposed Power tem and Lincoln, Inc.— Lear & Co Stein Bros. & Boyce Suplee. Yeatman, 4,925',766 6,000,000 shs. below States 2,000 Company & the Warren W. York & Co., Inc. 750 054 named $8,856,206 (Minn.)- -To Build Atomic 66,000-kllowatt a this by other 10 atomic 6,500 Corp.. & Company, Inc. Singer, Deane & Scribner 15,000,000 the following respective company 7,500 Ross 15 000,000 ($10 par value// PURCHASERS—The purchasers Co $2,200,517 1,039,723 2,500 Co Kidder & Co., M. Reed, The 6,500 Burnham Outstanding 15,000,000 A. 7,500 and building 7,500 Higginson Kalman 17,370,000 , & Chaplin 10,000 & Moyer Shearson, Hammill & Co.— Westheinier & Company $10,630,000 la,000,000 1S57-1958 (Inc.) Co. 15 organization C. Bradford <te Co.™— E. FINANCING Authorized severally shares of of build Atomic latter H, system storage and transmission of botli The public utility subsidiaries also sell appliances. operating Co. Utilities Goodbody & Co subsidiaries. as have Shares & May tributions" and to mission in 1,280,504 shs. agreement numbers 10,000 Co.— & 871,529 ting plant of advanced design tor None 12,500 Stearns $1,910,213 2375. proposal The loan below named A Straus, Blosser & McDowell gas. and , Capital stock underwriters Allyn & Co., Inc.—— 20,66o Johnston, having integrated an due- ner the from Men;itt the respective the company set forth below: of ops. lnc— ry. oper. p. Power Plant— for None 1,538,462 shs. under purchase Central Republic expansion company, companies constitute sinking fund debentures Merrill of agreement this company has the right to borrow up to 31, 1959 under the loan agreement and $7,500,000 1959 under the tanker loan agreement. stock 185, Northern States Power Co. 35 Outstanding 7,500,000 borrowed now Dempsey-Tegeler & Co purchase, manufactured equipment utility 3V4 % Kidder, are expenses from railway —V. The $9,000,000 Woodcock, Hess, Co., Inc. J. 3',4% the to Net rev. Net divi¬ of year. Bache & Co.—. debentures 1957 sinking fund debentures due 1973 $13,500,000 sinking fund debentures due 1977 18,000.000 of loan Cruttenden, purchase outstanding during the 12,500 Lee public a and these CAPITALIZATION , shares ! $14,713,067 $14,686,721 $57,682,960 $57,587,617 12,802,854 12,486,204 48,826,754 -48,906,188 revenue— oper, ' 1957-^-4 Mos.—1956 ' 1 ' 1957. Shares C. A. during 1956 and net income to $8,064,000, compared with operating revenues of $72,454,000 and net income of $6,599,000 , board pay during monies no taker Bear, on 1955. 3% the dividend a 1, for $81,055,000 total to initial an March 29, on loan common redeemed bank loans of SI 1.100,000, and the proceeds of new bank loans of not more available for the repayment of bank loans company's EARNINGS—Total in and declared and paid was common to July 1, agreed at company the production, and gas-burning of of 106.87% those the proceeds be utilities the natural the subsidiaries. properties used the up outstanding with BUSINESS—Company three recommended Ladenburg, Thalmann & Co'. of repay $10,000,00, certain has stock, common agreement ^While 1981. together program contracts Shipbuilding Corp, that the company UNDERWRITERS—The at ranging 100'® to PROCEEDS—A part will guided missile several apparent low bidder a agreement—— Common stock (par $1).: . prices 1958, competing bid a at special redemption prices ranging Jan. 1 to May 31, 1962, to 100% for period after June or entered redeemable are redemption to Inc. 5%s. as debentures 1981; three and was $9,000,000 until July general the submarine a the company Authorized "Loan 'Tanker ■ Stuart & debentures The 1957. CAPITALIZATION AS OF APRIL 30, 1957 May 28 at on will it common 1957 totaled $66,577,000 and consolidated special charge of $1,869,000 incurred on liquida¬ tion of the company's former household appliance and barrel manu¬ facturing division, was $2,885,000, equal to $2.25 a share on the average economy.—V. 185, p. 2217. bidding sale line construction equipment. power aircraft, carrier, rn cruiser, a management its income, before number 100.16%. of York on EARNINGS—Sales net May 29 oftered publicly an issue of $15,000,000 5V2% sinking fund debentures, due June 1, 1982. at a price of 101.363% plus accrued interest from June 1, 1957, to yield 5.40%. The group was the issue at competitive New quarterly National Fuel Gas Co.—Debentures Offered—The First Boston Corp. and associates on awarded the Shipbuilding oper. % 1957—Month—1956 of the outstanding issue. telephone and In March, cents per share to in York by Congress. dends current exchanges, planned to knowledge and insight, companies consumer nation. New York conversion tankers. directors of 1,000 over the on of - . Period End. April 30— York approximately $110,000,000 for funds % together ' sister ship of the super-liner United States which is expected to be constructed for the United States Lines; this item is not included in the March 31 backlog figure because the formal awarding of a contract awaits appropriation of the necessary Management year report men outlook with dynamic, ever-growing competitive bring top paneis chart, their of will industry's future executive course President shares the books include on destroyer's, for six principles of scientific management." to lectures, sales future and recipient International climate will be "business executives economic this the Chairman Allyn & Co., Inc. The Northern Pacific Ry.—Earnings—: , Railway Railway selling the stock in order to appreciated investment.. After approximately 80.5% contracts National the G. is Shipbuilding on March 31, 1957, exclusive of its equipment and highway divisions, was about $275,000,000. The larger by Don - 1,030,504 Backlog of New Los Cash Register Co., will 1957 "Business Statesman of the Year" award given an¬ NSE to the American executive "whose philosophy and ex¬ ample have been a source of inspiration to all in the profession of salesmanship and sales management." /:■%■' ^ v receive nually of its own fluid carriers, and and Interna¬ Hotel - Allyn, po.rtion to or Scott Shipbuilding is one of the leading companies in the shipbuilding industry. In addition through an equipment divi¬ sion it manufactures and fabricates heavy machinery and, through a subsidiary, Highway Trailer Co., produces truck trailers, furniture vans Co.—Allyn to Receive National business National Congress Stanley C. by Merritt-Chapman & Scojt Corp, May 29 by an underwriting group of in¬ BUSINESS—New Award— Distribution at a continue stock, 1957 owned on PROCEEDS—Merritt-Chapman & i_ recognition made was vestment bankers headed by A, C. stock was priced at $37 per share. 721. Executives tional of the stock V 1956 52,500 share per 185, p. Sales 100,600 ' : National Cash Register . carryback—I- carryback loss loss —V. "■%*--1957*. * •%% -I--—$13,969,137 $12,560,632 Loss'before Federal Subs.)—Earnings for Quarter— March 31^ Natural This SEC filed a registration statement with th« subordinate interim notes, due 1963, and stock. These securities are to be for public sale in units, each consisting of a $50 note and one comoany covering shares 20,000 offered Wash.—Registers Commission— Co., Longview, Gas With Securities and Exchange on May 28 $1000,000 of of its $1 par common 10 The Commercial and Financial Chronicle... (2562) Pioneer Natural Gas Co.—Secondary Offering—A sec¬ ondary offering of 24,000 shares of common stock (par $7.50) was made on May 28 by Blyth & Co., Inc., at $29.25 per share, with a dealer's concession of 80 cents public offering the notes, and the The interest rate on share. common price and underwriting terms for the units, are to be supplied by amendment, as are the names of the underwriters. The notes whi payable at maturity at the option of the company in shares of $3.25 preferred stock, at the rate of one preferred share for each cumulative S50 of notes. v . proceeds the Of Part indebtedness term will be this financing of other and liabilities current 26 gas. struction in program Division, Eastern its and provide to 1, 1957, at retirement of the unsecured bank President, in a letter to stockholders, on April company's subsidiary, Great Lakes Steamship Co., Inc., to liquidate and has sold its vessels on a basis whicn is be¬ voted Northwest "The all accept at their the has entered company of the non-cash The proceeds are 185, Corp.—Bonds Placed Pri¬ to used - , ...... be to Great expects to Co. •The pro¬ of The would help finance $56,400,000 construction a program firm will ing.—V. 185, ask competitive bids for 2102. p. underwriting an of other the Northwestern 1, 1959 tq its stockholders offer to proposes $100 at additional 1,822,523 other Co. The stockholders, prior to Feb. 4, 1958, the following: stock—at cost and in the 2,125,000 i Life interest at 4'/a ,:k to the received taxes company's profit the also V. Railway the greater It is part on date a with and sell to This Co. the by owned would would company, be decreased to kind in Dec. the from 31, minority the be A.T, & July and August.—V. 185, or will Great not The corporation The at balance sheet, was 185, proceeds after of taxes Period 1957—Month—1956 Radio 1957—4 Mos.—1956 - $3,832,251 $15,199,548 proceeds to are letter a be for used Net expenses oper. 3,394,266 2,952,410 13,075,169 11,843,328 about the opened of With SEC-— with notification incident expenses oil to $390,421 $879,841 $2,124,379 1,056,981 3,138,426 3,735,839 committee, The ber tive executive the of board law firm committee since May 23 member new a new Detroit of cf also announced the of directors Miller sales Income Portion drilling Harvester 'Cb.; of Wyandotte member The since 1946 member new Vice-President of W. board of is senior and H. Corp.; Burrows, and Other board ;■ the $237,228 $331,512 been David been E. with 555,663 Mitchelson and Harry since directors Production Charles A. Erdmann Davis since 1951 and elected was since 1920 1945 since elected was Assistant Peninsular Telephone General Telephone Controller. Railway oper. J.' Loynd,, since He 185, has been with 185, the E. Foote, 185, 185, is $ five 7,570,157 52,923,740 assets quired. of This Petrolane 21,515,228 Owyhee Bottled Petrolane Gas Y.,-Y- - Y. ^VY; V outstanding ivfarcti 31. Dec;' 3x7' 1956, ' ad¬ stock common outstanding stock 5% dividend May 22, will that below the to its in 24, V' 616. v p. letter a of not will registration U. when • that stock of stock right the share of owned (where the price is fixed. within the and June five) other will from have such life a Washington warrants 1957 10, will and stockholders stockholders. about of Portland General * This SEC corporation covering on 385.000 is ' Total operating V Net May 28 filed a registration statement with the shares of its $5 par common stock. This stock to be offered in exchange for shares oi the common stock of Milprint, Inc., of Milwaukee, on a share for share basis. Philip Morris wishes to acquire all, but in no event less than 90% of the common stock of Milprint. It will not declare the exchange offer effective unless at least 346,500 shares of Milprint are then on deposit. If the exchange -is effected, Milprint will become a subsidiary of Philip Morris. In such event, it is the present intention of Philip Morris that Milprint's opera¬ tions that sion. will be conducted independently of. those of Philip Morris and adequate financing for expan¬ the latter will provide Milprint with The terms of the proposed acquisition tain of Milprint s officers and directors accomplished, Philip Morris will also If pay Lehman Brothers, who acted transaction.—V. 185, p. 2103. as a were negotiated with cer¬ the proposed acquisition is finder's fee of $250,000 to intermediary in negotiating the income Shares of P. be S. will will The three be be the on in evi¬ shares to and holders a It of is pro¬ common such to Canada for will warrants also be V. holders that on reasonable of group stock due June were 30, 185. the and The order Street Fund, Inc. 1956 $12,312,427 SEC, it was permitting announced this Fund to on May 28, purchase not has to the issued exceed an 1 500 exemption shares of capital stock of International Business Machines Corp. Under a registration statement which became effective May 21, 1957. IBM made an offering of 1,050,223 shares of its capital stock for subscription by stockholders at a subscription price of $220 per share. The stockholders' subscription offer will expire at 3:30 p.m. on June 10 1957 unsubscribed shares will be Thereafter offered company affiliations with certain chase the cf IBM in the V. stock is of the of the prohibited 185, p. 2376. absence for issuance of an by public sale. ' underwriters the Because the of inter¬ Fund's pur¬ Investment Company Act exemption order by the SEC Four new 3,000,000 as $0.76 .1957, the company stock, par value proceeds partial a 185, p. to the reduction State order on mercial sold $7.50 an E. V. have cleaning was Mr. A. The Halverson four men Jr. the 4% to two-way $3 TEX TEX calls relayed Portugal •an'* Japan> rapidly." service and is to The available subscribers service teletypewriter ab-oad. to to the RCA enables these conversations with Y.Y:.7;:YYYYY;Y-.-;:Y. United minute a of processed more system. between at flow between be network States for and are, un¬ minimum three-minute a YY-' Portugal " i Corp., letter Brooklyn, N. Y notification filed of Offering with the 15, covering a proposed offering of 50,006 (par 10 cents) at $3.25 per share stock Jersey City, N. J.f '-fY./yy v'.'Y--' compared with $142,-041/'Or %23 "cents share per period. Federal compared Federal income with taxes the for $295,918 income 184. tax April the in like amounted to quarter this duarter year last $120,331, year. compared 2786. p. been equipment, on named floor this was St«to the Supreme books 183, 775. p. and Lefkowitz Court officers Justice of this of New. York Edgar J. corporation, obtained Nathan, it was an Jr., to- announced .... Lefkowitz Utah, ?n of the said City, brokers Mr. Lefkowitz company's had March, mica purpose Michael where V. T. sent 1956, from the Vic-Presi^nt. Henry H. of Kyle "completely false'!, telegram to New declaring the Government had ordered a corporation. the of both said Gasparik the 183, books of and Mr. Kyle of N. the Y., Republic claim Republic 2902. p. the and Flushing, records Gas they concern ' . President, do not know located.— are Y, Research Products Corp., Madison, Wis.—Files Securities and Exchange Commission— corporation May on formerly supplied working capital. Rimrock See 17 filed letter a of notification With with the the by preferred stock to and proyide. additional bank manufacturer maintenance -'.."1 .7' Tidelands, Inc.—Merger- Husky Oil Rochester The loans SEC by below.—V. telegram, Mr. Lefkowitz charged, was "to bolster and support, the price of Republic stock and to provide a higher price" for "stock held by Mr. Kyle and others.''"'".Y.Y: -'Y aggregating 2219. elected Co. Attorney General Louis, J. $26,000,000 a of com¬ Co. above.—V. machines and Gas corporation covering, R, due net & 183, on Electric 710. p. May 29 filed issue of proposed a 1987, to be Corp.—Registers With SEC offered registration a $15,000,000 for public statement first with mortgage the bonds, at competitive bidding. sale proceeds from the sale of the bonds will be used in connec¬ tion of p. with the company's construction program, including the discharge short-term obligations the proceeds of which were so used.—V. 185, 2452. Rota Parking, Inc., Seattle, Wash.—Files With SEC— corporation covering stockholders underwriting. development on 275,000 then and The of to 13 filed of the proceeds new a May shares are concept a letter common public be to of at of stock par used notification to for mechanical with be offered per ($1 the share), expenses first to without incident to parking. May 23. President and re-elected whij Treasurer. are plant in St. Paul, Minn. St. Louis-San Francisco & Texas General directors, the newest being Mr. Bowman. The. company has been producing its line of heavy-duty equipment for 48 years, haviug been reorganized in 1953, the same year if moved into its present in remain before for Lake York $0.69 Manager. Formerly Vice-President and Genersl Manager, he was elevated to the Presidency to succeed Norman H. McRae, who died recently. Gordon L. Bowman was elected Vice-President, retaining the post of General Sales Manager. William E. Westerdahl became Secretary, C. TWX teletype countries outstanding from The was announced Coulter the On lis all additional share, per company, of ' Co., St. Paul, Minn.—New Officers Elected— vacuum blowers, it 39 s. May 23. Salt 3,000,000 _• 6, The applied officers by 2,068.338 announced Premier speed will international the common 1956 examine The Hammond, Ind.—Stock Sold Privately on May 24 that 4,659 shares of com¬ mon stock (par $100) have been placed privately at $35 per share through Leighly & Robertson, Inc., Chicago, 111.—V. 143, p. 1891. Exemption— also service White Motor The (N. Y.)— Granted be¬ 21 Republic Gas & Uranium Corp.—Fraud Charged— SEC Pine May SEC covering 8,200 shares of common stock (par $5) to be offered to stockholders, officers and key employees at $12 per share. No under¬ writing is involved. The proceeds are to be used to replace "the capital Pratt Food Co., was in $153,878.—V. series —It of Screen $231,405 See 2451. p. 1957 : May common 1957.—V. transferable 2,286,082 outstanding at April 30 underwriters. $7,215,000, f " (TEX) on date. period Co.—Earnings Iricreased— — of service announced RCA Communications, Inc.. 7->'77-Y1.circuit," said Mr. Mitchell, "provides in¬ the two-way TEX calls made b / busi¬ now private engage The $13,148,849 ___ FINANCING—On will States, to Feb. on Earnings record rights of mailed held weeks.—See Electric Farnings per share 300,000 circuit They mon'stock stock common of Commission, issued revenues common exchange was the three months ended April 30, 1957" the company reports net sales of $5,807,247 compared with $5,308,399 for the corresponding period of 1956. Net earnings for-the qu&rter were' $111,075, equal to 18,6, cents per share en-the 596,606 shares of Cb)n- with - Four Months Ended April 30— Philip Morris, Inc.—Registers With SEC— of record ■; the continental United States of YY-xiYY-YY .'iv.'V". .For right to subscribe number divisible by evenly the subscription record of Portugal ... the stock¬ to statement Commissioner Y .'...--YY. consolidated January regarding this proposed issue has been filed with the Securities and Exchange Commission. Subject to the registra¬ tion statement becoming effective and to the approval of the Oregon posed ■ Service— Reliable Stores Corp.—Sales Up—Earnings .Lower—y ; approximately 227,000 have additional one common is stockholders stockholders basis of warrant a May on 2103: p. Reo Motors, Inc.—Assets Sold— supplemental the. market tions on May 1, 1957, in Ontario, Ore. were ac¬ operate under the name of 185, in Co.—Proposed Financing— President, Service company Dec, by the subscription agent of the company, subject to receipt of instruc¬ Inc.—Acquisition— Owyhe^ q&s Service, Inc.—V. outstanding re¬ subscribed 185, p. 2376. Provision Coke the on shares the by located new shares subscribing for one full share with the number -of rights which exceed a multiple of five or less than five and, under certain conditions, the additional right to subscribe, subject to allotment, for such additional number of shares as the warrant holder may elect. The price at which such shares will be offered has not yet been fixed, but will be at an attractive discount 56,233,815 17,391,532 plus denced A 5,260,148 on 346,634 :rY-TY.Y" Y shares-of & that shares each $ * expected for 1957—4-Mos—1956 ' Gas 2375. p. 16,631,589 announced $1.57 p.'2219. such 14,149,473 Chairman, with 99% was $1,624,505 $2.06 stock through J. P. Emanuel & Co., Inc., has been withdrawn.—V. 185, p. 981. 303.305 $2,147,197 stock stock common SEC $1,927,810 300,092 merger with Clinchfield Coal Corporation. shares of $3.50 cumulative preferred stock outstand¬ 1,040,392 for 2375. p. $ Service, $2,447,289 , to has States and Portugal. Our circuits to Holland Portuguese TEX traffic was previously routed, heavier volumes of customer teletypewriter callSi Withdrawn—The 44.893 . extra, protection suspensions, handling carry for TEX shares of dividend... common The company plans to offer shares of its common stock. 85,342,484 331,654,152 323,118,881 68,710,895 278,730,412 266,885.066 Gas to YY.7 The warrants P. 74,565 stock 1957' compared ' on ' , '■-•>" and the Philippines Raytone 1,489,176 give effect to Parke- 2375. p. pfd. Charles H. Gueffroy, holders, said in part: It 70,032,910 Petrolane of which to associates were has He 84,182,383 oper. income to Portland 1946. 1953.—V. 1957—Mohth—4956' ry.oper.. per 1957.—V. expenses from im¬ end United over customers call.—V. stkhldrs. compared with 1,033,198 shares justed to include shares issued as a Co.—Exchange Offer Registered above:—V. preferred on applicable share on on' 342,961 '•(Based board revenue__ oper. railway —V. minority 1,351,294 ' before 'March'-'sl, P. Net to taxes.. : accrued '1956. Thomas C. Anderson, Engineering since 1953. since $ rev. applic. *1955 $93,931,067 $81,269,380 3.873,148 3,461,879 : taxes: state income 19&7 and Pennsylvania RR.—Earnings— Net inc. and gives spring radio-teletypewriter for United changed. 1957 - is and Treasurer Controller Corp. Period End. April 30— Railway ^ modern Y - President the new or Rates Subs.)—Earnings Increase— operating revenues provision for income Federal income date, See and ing- 1951. Vice-President-Treasurer. and in able businessmen (& - States Communications' * Y". Co. ♦Adjusted * which common point-to-point France, now 40,000 441.427 3f, member Secretary since 1947. Parke-Davis start Y'-%Y;'''::Yy west Registers With 'Y America—New . direct of capacity Hawaii, $804,365 121,552 of (Based execu¬ D. McGregor was elected Vice-President, Secretary and Attorney. He joined Parke-Davis in 1945 as General Attorney nas 2,285,070 129,207 and through RCA terminals in the U. $3,089,435 2,445,998 $211,301 for (Earnings Harry Chaittnait oLithe-Board" df President of the 1,845 shares of unsubscribed stock had .y'7-7 :..;y':yY- yY.-- ; of United new "The , $3,377,510 """ ry. oper. income Net mem¬ partner in Stone. board-'fnember Ford, Parke-Davis the He Paddock 1947 and since E. John Director and are . oper. income (Dividends Kenneth General 570,038 subsidiaries of Vice-President—'Administration; Chemicals and by Cleveland Thurbsr, 1939. Harold are PicrsonJ?; board rtVjember L, director since Canfield, will \ in . 1957—4 Mos—1956 $907,266 617,288 before Provision election of a new executive directors, and four officers. of headed is elected was board its committee members 1949, who Detroit 1957—Month—1956 $828,589 expenses 185, p. 2219. Net be Y. Parke-Davis & Co.—Elects New Executive Committee on units 1960. plant, See also V. 185, p. 2376. Y Y-vy';:-y-'-YY- Mitchell, "The creased nessmen 3 Months Ended March 31— the 199G. Lubricant "A" .. the H. $2,566,888 743,878 - company class Corp. Opening tween T. revenue.. oper. railway —V. Net The in the Gas Co. & p. knuckles V $14,410,216 Net rev. from the new securities will Commission in the latter of common stock (par 10 cents* to through Bush Securities Co., New York, N. operations. of Y:YYV $3,784,687 End. April 30— Railway Railway 185, Chassis nounced that the 1891. p. Pittsburgh & West Virginia Ry.—Earnings— ; shares $1 per share, at through exercise of rights. Kuhn, Loeb & Co. and John¬ son, Lane, Space & Co., Inc., managing underwriters, an¬ $12,000,000 2219. p. Electric June.—V. steering shares in 1957 as its total liquidation only the differ¬ their filed 13 May on 299,000 covering completed unit Radiation, Inc.—Rights Offering 99% Subscribed—The corporation's offering to its stockholders of 186,032 and ' of Pacific Tele¬ T. will absorb Pancal Oil Corp., New York, N. Y.—Files SEC company's original plans estimated $47,000,009. cently been introduced nationally by this corporation.—V. 185, report Lakes revenue.. oper. Pittston offered The an May 29 registered with the Securities and Exchange on Golden new ball-joint approximately $4,176,000." Net —V. for Exchange Service shares in A 2218. p. be 300.000-kilowatt company ! In the that bids for the debentures will be part of to cost 150,000-kilowatt Quaker State Oil Refining Corp.—New Lubricant4- by the amount shareholders. consolidated 1956 company the Net rev., from ry, ops. railway oper. inc. ; directors. 89.6% 1956, 31, statements and additional a proposed public offering of 250,000 shares of new $100 value preferred stock. The company has designated Merrill Lynch', Pierce, Fenner Sc Beane to head an underwriting syndicate to market stock offering. Securities 20th of fixed Dec. of as registration the be to Telegraph & the of expected filed be held Telephone to par 3,000,()00 of estimated 185, oper. Railway shares common being filed with California regulatory authorities. f , .The proposed common stock will be offered for subscription by stock¬ in the ratio of one new share for every six common or pre¬ vbting securities of $109,773,000. plant Commission are shares first been sold. holders American cost to Securities and Exchange Commission- 600,000 Insurance Pittsburgh & Lake Erie RR.—Earnings Up— of 23-year debentures at competitive sale. The company's applications for approval of its $272,252,300 financing ferred two the on Public annually- distribution distributed Therefore, $7,824,000, See $$0,000,000 phone's total Ky., generating a by New Albany, will be put into operation this year. R. A. Gallagher,. President, said the added units, transmission lines, and substation facilities would cost an estimated $62,733,000.—V. 185, p. 1048. Y to z__ $200,000 Mutual (with cash assets deduction of between ence Ojf the offer¬ ($182,252,300) share per bring Louisville, 300,000 kilowatt New Albany, the company on May 27. the project, on the Ohio River announced were & mentioned assets nonrecurring Pacific Telephone & Telegraph Co.—Plans Financing company plant mediately and is expected to minority approximately Transit maturing 1961—! 31, Period End. April 30— This Lakes Expansion— doubling the capacity of its would for Work Therefore, outstanding stock) notes Dec. The and $7,824,000. regulatory bodies. The This called ..I $14,600,000 cluded the new shares is in July with the subscription price scheduled to be set by the directors at that time. The company has filed application with the Federal Power Commission lor approval of the issue and is proceeding with applications to state . the Great for power opposite approximately $2,600,000, .the net esti¬ mated amount to be received by the company will be $12,000,000. "Since the company's original cost of the investment in Great Lakes stock was $5,100,000, taxes will be paid on a profit of about $9,500,000. However, the applicable portion of Great Lakes' net worth, in¬ offering date lor proposed to of above "After held. proceeds (25% 1959 increased ., m The The — $8,875,000 payable March "The plans of offer Stockholders rights to buy 378,800 addi¬ common stock on the basis of one new share for each company shares shares which with Total v . Pacific Power & Light Co.—To Offer Stock— 10 receive Marine mortgage 31, Obligation of tional Lakes 5% Dee. . cost of expansion part of pay proceeds agreement ____ Wilson series, due 1977, it was announced 1890. p. Sold ., through White, Weld & Co., $35,000,000 of first mortgage gram..—v. an option, do not elect to take. company Cash vately—The corporation has arranged to place privately, pipeline bonds, 5% onJVlay 27. I into Plans Ind., , loans. Pipeline ' be very favorable to its stockholders. ' >. Y\Y' liquidation of Great Lakes is to be completed by Feb. 4, 1958 and Pittsburgh Coke & Chemical Co. will receive as its share of the proceeds of liquidation an estimated total of $14,600,000. " 15,000 shares Wilson Pacific Bonds — Public Service Co. of Indiana, Inc.—Plans Hillman, "the "The price of $e per share. a N. said: has In addition, the company is negotiating with institutional investors for their purchase in September, 1958, of $2,500,000 of first mortgage bonds due 1978. The proceeds, iroir, the sale of such bonds will provide funds for the of June as Colorado Corp. and associates at 100% and accrued in¬ terest, have all been sold. For details, see V. 185, p. 2452. lieved to necessary working capital. The current construction program is estimated to cost $3,570,000. The company's current financing program also includes the sale of 51,000 shares of common stock to its common stockholders of record Co. of Boston completed.—V. 185, p. 2219. was Pittsburgh Coke & Chemical Co.—Unit Liquidates— Henry The balance together with the proceeds from $2,500,000 of bank loans will be employed .to finance the company's current con¬ natural It Service $30,000,000 of 4%% - first mortgage^ bonds due May 1, 1987, offered publicly on May 21 through The First and company's treasury for funds previously expended for improvement of facilities, maintenance of service and preparation for the introduction of share. per . used to repay shortto reimburse the Public Monday, June 3, 1957 Period End. April 30— Railway oper. revenue Railway oper. expenses Net Net —V. rev. from railway 1957—4 Mos.—1956 $374,153 $1,598,666 $1,527,797 272,139 259,157 1,038,807 1,070,684 ry. oper. $95,290 $114,996 $509,859 $457,113 income 8,259 13,824 103,235 75,424 t . Ry.—Earnings— 1957—Month—1956 $967,429 .*' oper. 18o, p. 2219. (Continued on page 51) • Volume 185 Number 5643 . The Commercial and Financial Chronicle . . Name of Company Commonwealth Dividend announcements In nounced first grouped in two separate are indicate we all during the current week. second a the table in which the Then show the we dividends ously announced, but which have not yet reached their Acme Extra i Products, 7% :V;.- - Inc;, 4*4 % 30c . Steel Corp.—; 6-11 7- Crown - Stock *> this 25c 7- 9 1% 7- 9 7. 1 6-19 - * 4Va% preferred $3.30 (quar;> preferred Above (quar.) ; 1.06*4 > 87 %c :• . . 5% - Uxbrldge dell Worsted Corp. Amerada " 6-19 V 7- 1 * (sec-Amerace American Barge Line-—* American Bosch 5% •« Yv. "•t'-; (auar.)__^____I_ Corp. Rubber Hard Arras War- and ' : 50c 7-31 Corp.i 49c •' (quar.r_-_* 6-14 25c - Corp., com. 7-15 ;/. 7-15 preferred A (quar.)'—— $1.25 7- B tquar. •— $1.25 7- 1 American Can Co., <>%• preferred, 25c Hair Insurance (Texas) Felt, SO •• 7 %. t American ■■ 5'ISIV •( Metal Products; convertible Denver Di 7 6- 3 ••>6- Rock Screw American Seal-Kap— 5% net -■ , Co. ; 6% Anchor r - Tobacco Co., ' pfd. 6% Casualty Co. .'(Minn;), Wire Arkansas Cable <fc lower tc. 4.72% Metal Arundel Associated. Motion Athey Baclimann (See Amerace Baldwin Piano Edo Class 6-7 6- 6 Electro 6 $1.50 1 6- 7- 1 6-10 25c (quar.t .: 6-15 V ". 6-10 - 6-15 $ 15c 6-10 4 5-31 5 7-15 15c $1.08 • 1 7- 1 ■ 12 tic 6-29 6-11 ; 50c 7- 6-29 6-14 6-29 50c 1 6-14 * 6-28 ' 6-10 " 6-25 preferred B- (quar.)——$1.12 ti 4(V; preferred C" (qiiar.)_——.—'—*„-;7-$1 Bankline Oil, 5Va*/o preferred (quar.)—— 3438c 7- 1 7-1 6-15, 6- 5 .. Oil (s-a) (quar.) . V"" Water' (s-a) V 7- 7-15 1 7- , 6- Battery Burgess Burlington Steel Ltd. Burndy Corp. 6-14 6- 6- 6-10 9- 6 6-21 Railroad, 7-15 '7-1 $Sl.l2'i 7- 1 $$1.50 7- 1 1 ————J 7- 1 6-28 6-10 30c •6-14 * 6-11 7- $15c (quar.)——— 15c 6-14 6- • — , $$1 $$1.12% 2 6- $4.25 preferred (quar.) ' New Fairmont Railway Family Finance, Carnation 33ic,'o net Co., 1st Carriers Cos. (quar.) Bake National ; _ & Wheel Central Foundry Co. Central Hudson 1 $37 tic Auto Co. preferred (George A.) Co. Investors, General Mills, 5% preferred General Paint Corp.— Electric Co. first convertible $1 convertible to be 2nd redeemed on plus General Telephone $4.50 Parts (quar.) Chateau-Gai Wines, Chemical Corn ... , Ltd. (N. Y.) Stock 6- 5% B Climax Manufacturing Builders Coca-Cola Coca-Cola & '♦ 6*;c Engineering, convertible Commercial 6- 4 6-12 6- 4 Hamilton Hall (W. Hanna 7- 1 6-28 6-14 6-14 (quar.) Wire 6-30 6- 7 7-1 0*17 7-1 6-17 30c - . ; - 7- 1 6-10 Paper A. I 6- 7- 6-20 2 6-10 6-14 Hawaiian 6-28 63c 7- I 6-15 5% 25c 6-29 6-14 4*4% 25c 7- 1 6-12 6-28 1 6-22 1 6-25 6- 4 6-29 6- Martin n 6-29 1 5 9- Merck 6-28 6- 6-14 Co. 6- 6-27 6- Metal 5 7-15 - 6- Forming Class Co. & (quar. 3 3 Miller Manufacturing Co., 6-15 6- 6-30 6-20 6-15 0- 7- 6-15 Minnesota Fund, Montgomery Ward & Co., 1 Class 1 7- 1 7- 1 Milton (quar.) Brick, Ltd. common 7- 1 66- 7- 6-10 $50e 7- 1 6-15 7- 1 6-15 1 6-25 6-19 35c 6-25 6-10 6-25 0- 3 6-27 6-27 6-17 6-10 5-29 . 6-10 System, 6-15 6- 6-27 7- 2 6-10 25c 7- 1 6- 1 6- 4 7- 1, 6- 5 6-19 6- 35c 6-20 6-7 7- 1 6-10 5-31 50c 6-12 50c 7- 1 6-14 7- 37'ic • 1 6-25 6-14 25c 7-15 7- 5 21 tie 7-15 7- (quar.i — 25c 7-15 7- 5 25c ; 7-15 7- 5 27 tic 7-15 7- 5 6-10 6-15 5-31 2 6-14 7-1 6-20 7- 1 6-20 7- 7- 1 6-14 6-30 6-15 6-26 6- 7- 6-17 1 7 7- 6-17 7- 6-14 7- 6-10 6-10 7- 6-10 5-29 6-28 6-18 6-28 6-13 6-28 6-11 4*/a% Old Co., Inc. (Md.)— investment income Oliver 4 Va Corp., % Oliver 20 old 6% Ox Oxford 5-31 7-15 7- 6-15 5-31 6-27 5-31 7-15 6- 6 6- 6 6-28 7- 1 6-18 5 7- 6-10 10- 8-30 8-30 10- 8-00 7- 5-31 6-28 8-14 7-15 56'*c $ A $L0» 40c $1 51 *„ 50c $50c ™ 6-29 7-15 £-29 6-28 6-14 1 6-10 7-15 6-24 6-15 5-31 7- 1 6-10 6-2G 6-10 7- 8- 1 7-15 7- 6-25 7- 1 6-14 7- 1 6-10 7- 1 6-10 7- 1 6-10 5 6-11 6- 6-10 5-31 7-10 6-29 7 6-12 6- 7- 2 6-11 7- 1 6-14 6-28 40c 15o 15c 25c 6-14 7- 8 0-24 6-21 6- 7 6-21 6- 7 7- 1 6-10 $2 7-15 6-28 7-15 8-21 7-15 6-21 7-15 6-21 _ —> (quar.) — 420c •; Co. 20c (quar.) 15c $1.12'/2 (quar.) (quar.) l°c Corp. received one new 7- 2 6-14 6-14 6- 6 2 6- 7 7-31 7- 2 6-15 6- 3 7- (stock¬ share for each held! (quar.)'..— Brush -— Paper Co. . 8 Service— Ltd.common-(reducedi_ Fibre 5 6-14 l&c ?5c common preferred Extra 6- ",5 — (s-a). Insurance preferred Tyrone holders 5 7- A $1.05 $1.06*4 $1.12 (quar.)_ Public Formerly Oliver Iron & Steel Corp. r 5-16 6- 16c 30c 30c 50c • preferred (quar.)__: Republic 5-16 1 ,.'ic 60c —-— Specialty, Ltd Office 5-31 5-31 7- °Oc 6c (quar.) common preferred, (quar.) 4*/4% Oneida, (quar.K.—— E 6-10 6-28 10c 2jUs — * 5 1 . I> preferred 6-12 7- Gas Co. Penn '4.22% 6-14 50c 3-31 6-28 10- (quar.) B Indiana 5-31 50c preferred 5-31 6-28 5 20c Central Ry. 6-14 25C , 6-10 6-284 Securities Northern 4 2% Inc., Northern 4 7- $1.25 preferred North 6-15 6-29 1.001/4 5% Class 6-17 $5c * 6-14 5 T$1ol5 — Corp Aviation (quar.) North American Cement, class A (quar.i—._ 6 50c _ 1 6-28 6-12 r American North 5-29 30c L 7- 6- 425c Nicholson File Norris-Thennador 6-10 10c $1.25 L_ 6-14 6-27 V}-™ (quar.) (Detroit) (quar.) National Gypsum Co. (quar.) National Lead Co., common — 6% preferred B (quar.) —New Brunswick Telephone (quar.) — New Haven Water (quar.T New Orleans Public Service, common (quar.) 4.34% preferred (quar.) 4.36% preferred (quar.) New Yorker Magazine (quar.) Newark Telephone (Ohio 1, common (quar.) 6% preferred (quar.)__.__ —Newmont Mining Corp. (quar.) Niagara Wire Weaving, Ltd. (quar.) 6 15c ,(quar.)' 1 50c (quar.)— National Casualty 1 6-13 common National Cash Register 6-14 6-15 (stock dividend) 6-14 7- J5c Inc Quarterly from net 6-7 5-31 17 tic (quar.)— 5-31 7-15 6-10 (s-a) (quar.) Brass Nation-Wlde 6-26 6-20 6-15 (quar.)_, 6-14 6-15 8c 7VaC —— (quar.)__ — preferred (quar.) Myers (P. E.) & Bro. (quar.) 6-11 (quar.)—— 6-14 1 56*/4C - — A (j% 6-17 1 (quar.i 6-14 1 6- 50c 50c 25c (quar.) $7 class A (quar.) Montreal Locomotive Works, 6-11 25c Ltd. 1 7- 20c 6- 1 (quar.) 7- 7- 15c 17*/ac 25c — 6-24 Insurance— Engineering 6-14 50c — (quar.)_ B 4*/a% preferred (quar.) _______ Miles Laboratories (monthly) 7- iquar.) 1 6-12 —-— 6-10 (quar.)__ 7 7 7- 45c, (quar.) Mueller (s-a) 7 6- 6- 7- (quar.)__,^_,_—. Co. Michaels Stern 6 Canada— of Corp. (quar.) 1. (qunr.)__, Metro, Inc., common (quar.) —— 7% preferred (quar.) — Metropolitan Brick, Inc. (quar.)_— .7-1 6-25 12 %c Ltd. 6- 6-28 6-29 6-12 5 $$1 Ltd.-^- (quar.) common (quar.)___ Linotype Mergenthaler 11-29 25c (quar.)— preferred F preferred 5 Company (quar.) Y.) (quar.) C (quar.)_ Cement Company, 25c 12*/ac - 40c 25c (quar.)_— Inc. Aircraft $4 Meredith Publishing 7 12-20 25c Co. & —,— 7 common Co., pfd. *—_—87Vac convertible second preferred (quar.j___ $1 6 25c Co., 6-19 - 70c 6-17 9-20 W.), Portland Medusa 6-17 ■ 5xri% ". 5-31 6-29 T' (quar.) McDonnell $3.50 6-17 v- $$1.25 17%c 25c ______17%c (quar.)— $1.06** ( 40c 6-21 (N. Electric Co. (J. Mays 7 7- — 53l«c 40c - ; Marshall '■ > 20c preferreti . 6- (quar.) preferred B Bancorporation— preferred (quar.) Steel Corp. (quar.) Field & Co., 4*/*% $1 * 6-11 15c Li $1.25 $ 1.06V* S1.083* 31.10 $2,50 $25c , 20c —;';42°c (quar.) 6- (quar.)— 5% 7 7- Paper Maritime Electric 6-11 7- 30c 6- 6- 6- 25c .. Fully participating stock (quar.)_ Co.; Ltd., .5% pfd,.(quar.) Market Basket, common (quar.) ' 6-11 1 1.12 ti 6-15 1 6-21 6-25 . s —— 7-25 Harsco (quar.) & Power B Marine 4 7, 25c Shoe, Inc. (quar.) Harris-Seybold Co. (quar.). Corp. (quar.) : 3 ? 15c 6-28 60c t - , Class ■ per Hanover 7- preferred E (quar.)_— preferred G (quar.)— Marsh 6-15 3% Printing Bank 7- 1834C 1 6-21 (quar.3*,aC pfd, 6-28 (quar.) (M. (quar.) (quar.) $23 (quar.) Aircraft F.) Hanover 90c (quar.i——_ 1 6- 6-28 Corp., class A" (quar.12fac Theatres, Ltd,—L_——»;•. 4$1 6-15 common Haloid Co. 15c common preferred Solvents Corp. 4 50c Transit Gulf Cities Gas, class A 6-11 6-20 60c (quar.) Bottling (Cinn.),- class A Bottling Co. of New York 6- - Wisconsin— of Varnish (B.) 6-25 5c (quar.) Supply Molybdenum Co Coleman 6 6- 6-20 (quar.) v 450c Extra • •.— —-—425c M'acMillan .& Bloedel Ltd., class A (quar.|__ v $12*20 6-14 1 6-14 25c (quar.)— Inc. class A preferred 13c 50c Clayton Mark & Co. Cleveland 6- 6-12 (Marcus) 80c — semi-annual Rapids 6-20 1 • .. 6-10 dividend Increased Grand 6-10 — Quarterly Clarostat 6-14 7- $25c Class 7- t (extra >______ 6-15 Extra Green Giant, $2 15c 25c $1.50 (quar.) 15c (quar.) Bros., t50c (s-a>— Exchange Bank 6-29 $1.25 Genung's 15c (reduced) Products 1 5% Ltd._ Moore Corp., Ltd., common (quar.)__ 7%' class A' (quar.) — 7% class B (quar.)__ Morning Star Nicol, Inc. (quar.) (quar.) Greenfield Tap <fc Die (from investment inc. ) 20c r- - 6*11 * (quar.) Co. Greyhound Corp., common 4>4% preferred (quar.) 5% preferred (quar.) Products 6-10 5-31 ; 6-10 6 6-10 1 6-25 — (Minn.) 6-15 6- 1 7- 15c (quar.) at 7- 1 7- 7- 6-28 (quar.) Co. preferred 17 6-15 7- 7-15 $1 30c dividend) this June Life 10c 5-29 - 12 tic preferred (quar.)—_ preferred (entire issue Grumman iquar.) 7 6- Insurance Co. (Greenville, S. C.) Life Mutual Insurance 6 4 6-28 % _—; (quar.)— 25c (quar.) Employees 6- 6- 7-15 (quar.)62*-jC . Midwest Rubber Reclaiming, common (quar.) Greening preferred " 6-17 30c American Transportation Candy Corp Employees 6-10 4 6-15 50c -25c (quar.)— 50c General Government 1 6- 25c ; Angeles Investment Co. (quar.i——_L_ Lowney (Walter M.) Co., Ltd. (quar.)—— Lynchburg Foundry Co., cotr.mou________-._ 4V*% preferred (quar.)__L______—L'L Lynn Gas & Electric (quar./—_______ 't Field — Government 1 6-18 6-15 —:— 25C 8-15 7- 6-28 75c (quar.)i___ 6-17 30c (quar.) 6-10 8Cw 1 2% (s-a)_: Co. 6-10 Certain-Teed 6-17 7- 2%. ;■ (quar.)—. 1 Century Shares Trust 6-28 7-1 $1 Marshall 6-10 7- Fink ^5 4.40% 4 40c common... 7-31 7c Electric dividend 4.35% ; Inc.— 1 A 6-14 10c 3 $1.18 3 4 Steel 75c 7- Class 6-17 6-17 ' 6- $1 (quar.) 7- (quar. ') 6-14 3 25c com. Corp; Lindsay Chemical, 7% .* 6-17 1 6-28 50c (quar.) $1.0834 i 6-»14 _—__________—' 7 tic $1.12*2 common 6-28 6-28 7- 6-15 i1":" (quar.)—— (quar.) (quar.) Acceptance Corp., " ItaC 56'/*c (s-a) common (quar.)__ 4.75'vb 1 1 Long-Island Lighting. Co;, 5% pfd. B (quar.y 4 V4 % preferred D (-quar.').-____________ 37 tic _l_i 4.50r'o Century 77- 5-31 25c (quar.) 6-14 — 15c (accum.$1.75 6-12 - — Goodyear Tire <te Rubber Quarterly :. L 7 5-22 - 62*/2C 2 15c pfd. (quar.) Structural Lipe-Rollway « ——. 7- 1 5-22 Loew's $7.50 8-15 7- 6- 1 6-10 37'ic 9- 1 7- 1 Quarterly 6-14 37'aC i $15c 9334C 6-17 1 Los (quar.) 4.35preferred preferred preferred ■ - i___ $20c J 5c Electric— <fc & Co., Goderich Elevator Ironu (quar.)——— Gas Drive Bros. & Machine 7- 1 6- 5-31 40c See Inc. (quar.) (P. W.) & Sons 6-14 7% Corp. (Del.), common preferred (quar.)___-— 6% ;;■/> Gisholt 1 6-15 6-12 7- 6- 6c 6-17 11c 6-14 1 2 (*-26 3c income) 6-10 15c (quar.i— Co. 6-14 7- 6-15 7- *$1 (quar.) / 10c, Screw 1 1 2 7- 75c common " 30c —,_r— Set 1 3 investment (James R.) MacLarcn i__— dividend Fundamental SI 7 7- 6- 4 7- 43%c 50c $1.75 — * 7 6- 6-28 425c v _____ City Liberty ..,jr ^ 25c - — 1 income) 1 35C dividend Cap 7- $1.06''4 f" — (quar.) 7- C2*2c (quar.?— Refractories 6-15 6-14 (quar.) Co., Inc., ^common 'preferred (quar.). Lehn * ' Securities, Inc. 7-28 6-14 6-10 7- 6-14 ' n^L Lamson 6-14 (quar.) General 6- 6-14 2 6-21 Ltd. 62 *t>c Mortgage Associationr— General 6- 5 6-29 $400 10c (quar,) General . 7 2 3 2 (quar.)__ $12Vac Glass. Co., Kulilman 6-' 7 Shops—-. 7- 25c (quar.)_ Corp.-(quarterly 1 1 62 tic (quar.)— 6- 2 7-2 6-10 :p0o Tool, preferred 4% 6-27 7- — quar.) Publications Corp. Goldblatt (quar.) common preferred General & A 6-14 37'ic — Kansas 6-27 7- I— (q lar.) 7-15 7- & net 5-31 - $1.75 — common Glitsch _ Oil ; 5-31 6-25 ! 7-15 — 62c I. Canadian 4% Kearney 4\,c Motors preference General 7 7- 25c 6-11 50c Koppers 25 c tquar.) 7-15 2 5-20 60c Extra ' 7 30c 26 V*c — ^ • 7, $17 tic; quar.) 7- •' 6-20 5-31 1 ' 5-29 7-15 i 6-29 (quar.) (quar.) Printing (quar.) City Southern Ry., Kansas 6- $50c ' 1_ (quar.) Corp.— common (Initial Genuine Ale.,| common ' 6- 56'/4c Manufacturing Stock : _ * 4 $1 Ginger Kable . 6-15 6-17 4Vac 6-15 (quar.) Silver, - 7% ?pfd. (quar.) Co. of -America— •• from Jeannette ' 7-1* * , 10c (quar.) Mfg.— 7-29 $$1.25 convertible Dry 6- (quar.) Gabriel 6-14 V preferred (quar.)—__ Camden Refrigerating & Terminals Co.— Canada 6-17 I%c Quarterly from net investment income 6-14^ 7- 50c _ * 6-14 .. 30c (quar.)- 5-20 (quar.i (quar.)_ Fuller 6-21 10c _ (quar.)——————_ Co. 5-31 $1.00 (quar.)_ common 6% 6-10 $50c; $2.50 preferred (quar.)—-————— California Interstate Telephone Co.— - Soup 5-31 62 V2c Co. preferred Jacobsen 6-10 30c 1 preferred Evcrsharp, Inc., Fownes California Electric Power Co.— Campbell 6-29 6-15 Capwell share 5.25c'o 6-10 4 Vic (quar.)l 5-31 (quar.)___ com. Inc. Investors Loan Corp., 1 '• common (increased Emporium Frick 6-10 6-21 $35c Y . —— (quar.) preferred (quar.)— 6-29 (quar.»„ 6-12 $3 (quar.) (Quur. 6-10 ' 20c 12Vzc : Mortgage Corp. Cement Investinent ; 6-10 $1.14 . Co. Internattonnl 6-10 6-29 .—-——J—Li-'.' Flour City Ornamental Iron 8-15 3 Erie A 6- 15c " " (quar.)___ common preferred, (quar.) Class 6-10 (quar.) (Harvey) & 6-25 7- 6-10 6-29' 6-29 56' 4C preferred" fi Co. 6-14 $50c 'AWc 6-29 6-12 • 6-13 6-11 15c Fidelity Fund, Inc. (Marshall) & 4 6-29 (quar.) 5(V preferred 4ci: preferred 1 $1.07 • Field 6-14 —— (quar.) 6-12 \ {■ $1 ■■■' $1.05 " tqliar.) Electric Stock 6 6-29 (quar.)—„———— Co. Bucyrus-Erie Emerson Stock (i-10 1 7- 40c . preferred (quar.) — —__ 6(/c' preferred (quar.) ^.2——-^—— Bullard Company___^_: 6- 2 15c 6-15 6-29 56'*c — AVi'/o ^quar.) 1 77- , 6-12 15c 4% preferred (quar.) International Packers, Ltd. * 6-28 '• 92*2C _ Flbreboard Paper Products, 4% preferred (quar.) 15c British- Columbia Telephone Co., com. (quar. ) Bush Terminal Co. -2nd Four Ltd.——— Power, > '• Ir- 7 Vac — (quar,)__ Abrasives— 6-11 5c Columbia B 5%'-cumulative Ferro Ltd.— Inc. British 3 $1.25 (quar.)——i'J—— " 6-28 , Inc. Allison Imperial Oil, Ltd. Ingorsoll Machine 3 Consolidatpd Ferry 15c - —— preferred (quar. (quar.)——— 6- 17c 2 62 tic Brinks, 6-11 r 6-14 $72'ic 4 Vz c;'o Huron r , 6-14 --25c 1 1 ; (quar.) Industries, 2.25% 6% (quar.) 6-11 $1 & Hubbell 5-31 ; 5c .* 6-28 3% _ Brook 6-15 (quar.) (.7- 1 • 60c , Bridge & Thnk Co. 'of Canada, "■'■■•,,7-2 6-10 $1.25 10c _ Bound J 50c class A 10c 62 tic — — Aviation ; $$1.75, Corp. Class B (quar.) j—:. 1 Bastian-Blessing' Co. (quar.)-,.*--— Bendix ' 6-7 tquar. t Federated . . (qucr.) class A (quar.) A Federal 6-14 6-14 4ti'% Drugs;, Houdaillc 6-12 - 1 ^ iquar.)—— , Federal 6- 3 —————y'Y Electric, common (quar.>Y'"\" preference 12-16 * 6-25', 6-25 !•; 6-28 (quar.)^ Farrel-Birmlngham V * 6-14 Controls, 1-1-58 . 6-10 7- 7- (quar.) preference Hook 50c +75c (quar.)____—- Refractories 412% 6-14 7% Hooven . 7-1 Barber ... Ex-Cell-O (5-10 45c Barry Iron 5%. preferred B Corp.— .. (quar.) common 5%> preferred * * 25c „ 6-14 ■: ———___ iquar.)_ Elliott Company, Eric 6-14 Y 1 8- " 6-10 1 7- 25C Industries (quar.) Ltd.—• 5% Ideal ; common 7%? preferred 6-14 $1.18 t Canada, ; at Stock Fund, Inc. (from income) (quar.)— Products Common 5% 6-28 ; 7- (quar.) of B ""Preferred . 7- 43:%c Ltd.— 25c Barber-Ellis Co., Steel Electrical 35cV " 6-17 6-14 ^ Western RR. Ltd., Corp.,' class 6-21 $1.50 —:——_1- Corp.) '* —_ (quar.) J Malleable 6-7 " Baltimore Gas & Grande Growth Common Worsted Rapid Transit, ,$25c .. Co. Edgowater 1 25c Uxbridge $2.50 —-■ International Inc. Eastern „"7V 7- , —— Honolulu .7- 1 * 6-21 60c ■ t (quar.t__^ Picture 9 «■ 6-28 40c 25c 25c 6- 5 5-29 6 20c (quar.) 6-15 7-I' 1 ; Furnace Gas 7- 10c : Holland 6- 433/4c Hercules Powder Co. ' Holder* ' Dunhill 3 & Santa Fe Ry.— Topeka preferred Products* 5 % -ii- Corp. (quar.)_ (George W.) Co., common (quar.) preferred (quar.) * 7% Honolulu 50c 50c . Payable of Rec. cl. A at this time 7% 7 20c; - (quar.) When 11 Publications— on 6- $2.50 Ltd. Sugar Co. Consolidated Werner Helme ' $7 (quar.): (quar.) —i (quar.) 7%' preferred 6-14 6- Rio Power 6-28 $1 (quar.), Co. Investment 6-21 $1.25 50c (s-a) Share 7-15 " 3c Dominion Glass, Duke 6-28 , 5-21 — 7% preferred (quar.) i_ Draper Corp. ; (Quar.)^__— . ; 'quar.) Construction. Atchison. •Y 6-10 85c * (quar;T com. 6-28 20c' / Corp. /(quarJl--— Arvin Industries ■, 27 tic preferred '<quar.) Cofisfdblc Corp. (quar.)__-___j-___: Arnold 6-14 ' Light— 4.32.%preferred Art VY ■ SI.75 preferred (quar. )__y_yy Anglo-Newfoundland Development; Ansonia 6-28 Y__J_L_Y„__,--Y rquar.) CO., common (quar.) preferred(quar.) —~Y~—— . 6-15 37* 2C (quar;iiy common Siiuff American 6-15 preferred (quar.) ________ Building Co. (N. J.), com. "___Y Ship *7% .preferred American 6-21 Wool 2nd conv. 1 6-28 7- & Diversified 1 6-30 6-28 - 1 "Mortgage & Rdalty (quar.)— Giorgio Fruit,"$3 preferred (s-ai_—• Distillata 6-15 1 7-10 ... 6- $3 • Detroit 6- 6-14 50c _ preferred (quar.)_____. <quar.).__;—V-—~~: American American American (quar.I common (quar.» 6-17 Dempster Mill Mfg. -(quar.)——— 5-31 7- $1.50 -Y- Maize-Products. preferred 6-17 1 : Delaware Vallfey Flhancial 6-13 1 $1.75 preferred Yquar.i American Canada, preferred (quar.) 4.56To. preferred (quar.) 5% .preferred (quar.)— * ' *./" 1 7- $40c 3.70> -preferred (quar.)_J__— Ac/o ^preferred (quar.) 4.20% preferred (quar;) 5 6-14 1 ; 15c ______ 5-31 7- 6 _ 7- 25c (quar.) (quar.) common 6-15 25c ■ 4.28%, 6-14 6-15 $1.50 (quar.i General American •Y 45c % 6-14 V Mfg. 6-15 25c-r Express Co,. ($10 'parr (quar;) zcj:\ American Felt Co.,"Common - (quar.)_v_ American 7- 433*c 7% pfd. (quar.i— District *Tetegraph.r___"_-___i'__*Y_ American American ' i.; / 6- 1 5%" preferred ' 22c - Dejay,Stores, Inc. £ Delaware <fe Hudson Co. (quar,)— Delaware Power & Light Co.— -v - , 'Petroleum American Co. time)' '• Abbey preferred Deeker Company is' result of merger beAmerican Hard Rubber Co., Bach- mann i 6-19 tween . ♦ ' — Hein r——_ David <fe Frere; Ltd:, class A Dayton Malleable Iron, com. 6-19 - ' • Hearst 6- — Inc.— ' ' '' * action taken on common payment (No • Cypress dividend- 6-24 - (quar.)— Zellerbach , , . 1 6-25 Curtis-Companies, 6-10 V 6-10 1 Company Per f American Payment omitted : (quar.) Crane 5-28 . , Products 6-17." -Y^Y/ ■-••YY'.v Stockholders-approves a four-for-one split * of the .common shares < ' '"r ' Amerace Corp., common ; (initial) . Rock 6-11 7-1 . 1.06*4 (quar.)__xi.;— Consolidated (quar.) 7-1 $1.75 corunon: preferred Algoma _Y_ Rendering 1 6-12 1 8- (quar.) 7-10 6-21 6- Haytian 8c (quar.) Ltd. 7- 5c 25c- Paper, Craddock-Terry Shoe, common 5 % preferred (s-a) 5r,o preferred (s-a)— Craig Systems- (quar. 6-12" $1 (quar.>___ - preferred d.Quar.) Alden's of Rec. Y 6-21 $2.50 ■ Corp. (quar. common. Payable * 6-24 (quar¬ (quar.)„ common Consolidated Naval Stores Consolidated Holdera 5c L_ . 5%' preferred xs-a): Addressograph-Multlfrraph Alco Share tquar.) common When , 1 $1.16 (Dei.) (quar.) Consolidated Company Electric., preferred I' Name of Company 8- 65% c Consolidated Foods Corp., 5'A% Holdera Payable of Ree. 50c — Co. from investment income)——— Connecticut Water Co. (quar.) payments previ¬ Per (quar.)—— common terly follow with we Share i Edison, 4.64',p preferred (quar.) Commonwealth Investment an¬ payment date. Name of When Ttr DIVIDENDS tables. (2563) (quar.) —' (quar.) — —— 5-31 6-15 5-31 40c 6-10 8- 3 15c 6-10 6- 3 50c 7-15 7- 1 2r»c . —— 6-15 37%c . — > 12 When Per Fabst V Brewing Dividend Faciiic this at Express 6-21 6- 20c 7-1 t $1.75 6-28 7-15 6-28 P- 1 1' ? : iquar.» preferred 4.60'.' 7- 1 ■> 7- 1 6-10 83 %c preferred 1 6-10 30c 7- 1 6-14 U. S. U. S. Publishing (quar.) Pepsi-Cola Co. (quar.) Petrolane Gas Service, Petroleum SI & income class and ordinary 10c of action taken on 3.90'; 4% 6-13 6- (No action this 5-24 5-23 5-20 5'A' Wall 7-15 $1 6-21 8- 1 7-15 8- 75c _ 97 %c Suspender Inc. Polaroid 5'' 1 7-15 1st Porter (H. K.i, (H. K.) lower Corp. 14'a% Inc., Co. 1st preferred non-cum. (stock Inc. Freway, Inc preferred Co. of 6-15 6- 3 Western 6-20 6- 4 Western Tablet Westmoreland, Wheeling 17'/2c 6-28 6-10 $% 6-14 10% 5-31 4.65% preferred $5 & Cos. .7- 7- 1 7- 1 6-15 ___ZZ 6-22 6-22 6-11 6-15 6- $1.75 dends 5 6- Heading Company, 4% 2nd preferred (quar.) 50c 7-11 Republic Aviation Corp. (quar.) Broken Hill Development (quar.)_____ 6-24 3-29 50c 7- 1 (quar.) 7- Stock 6-12 $1 __ 7- 20c . exchange on June 3)_ Ruberoid Company iquar.)_ 1 6-20 6-29 6-15 $0,848 6-17 6- 6-21 6-14 6-20 6-10 6-14 American Meter 7-15 6-25 American National " 25c 70c St. Safety (New Orleans) Shops class A (quar. preferred Lace deferred 6-14 6- 4oc 6-20 6-10 50c 7- 6-15 $1.25 (quar.) 50c — Common 6-13 6- 50c quarterly I time) (quar.i 7- 1 6-12 9- 1 8-14 6 Seeman A Bros., Inc. 7- 1 6-20 7- 1 6-20 Class A 1 (Final of 2 rate Snnca 1 of Simplicity $1.12 V-i " __ shillings 9 exchange June Smith Smith Smith 1 $2 lA. A O.f Corp. Jersey Gas Southern 6% this week, these Nevada Southern XJnipn Gas, __ ; common Z (quar.)Z___ ~~~ Z~ 6-14 - 1 ; k • Tool Swiston Industries, (quar.) rquar.)Z_i 45 c- ~ " pfdZ"7qua7.)ZZZZZZ Corp., class A (quar.)_ % pfd. A (quar.)ZZ preferred B (quar.)_ Timken Roller Bearing (stock Packing (quar.) Treesweet Products, % 1.25 Tobin ' " > dividend)" (quar,)__ Bag-Camp Paper (quar.) ^Total JVifg. (quar.) 3 6- 5 6-29 6-14 Seating Co. 30c 6- New 7-2 6-15 5-31 8- 1 7-15 6-12 5-31 6-11 6- 2% 6-28 5-31 6-30 6-14 2'% 12'Ac 6-15 $1,12 'A — ' Anaconda 1 9-13 12-31 6-27 6- 6-14 $3 6-26 5-20 10c 0- 3 5-15 •tlOc 6- 3 6- 3 3 - ' V Steel Co.> 5 5-31 6-14 $1.16 7- 1 /30c 6- 3 5-17 6-14 1 50c (quar.) 5V2 % ^— Cement 7 " 6-15 • ' 5-31 6- 75c 6-10 7- ,5ac (quar.)—:— (.qugr.)!" 6-29 $1.02 . - 20c — 6- 6- 6--2B I 6-25 - 6- 6-16 America, "30c _ — .. B3?Ac - ' 7- $1.25 .1 80c 6-21 Glass B 6-20 15c B- 1 7-22 - 15c ». —-— (quar.) 30c 75c 11- 1 . 10-22 ' 7- 1 6 3- 1 • 6 Co. American Cyanamid ■Stock dividend _ Co. : (N. J.) _ — (quar.)—___ (quar.) Electric 6 5 77- 6-14 1 1 7- 1 #18c 7- 1 7 6-10 * 6-10 25c 6-15 5-13 3% (quar.)— common 6-15 5-13 6-15 5-13 $1.25 $1.25 6-15 5-13 37',1c 6-15 5-13 2'/2% _ , —. 5-31 6-10 6- $1.50 j._ Co. 7-18 45c (interim) 6-15 5-15 7- 6- 3 $1 1 1 7- 65C — 2 6- 7-15 32 Vic I 5-31 6-17 $1.50 I (guar.)—— I (quar.)—_I 7 6-13 6-12 50c ; 7- i2.yac — Col, com.\Aquar.) *. — _____—1__—1_„ (guar.) 6-14 6- 6-28 Co.'pf Connecticut— •» 5- 1 5-21 7- 2 6-15 6-15 7-2 * #15c 7- 2 #i0c . 1 6-17 ;:'B-15 .. #l6c .. 5- 1 6-12/ 50c 50c #l5c . 7- - 6-15 2 . 6-15 ll-il ' Axe-Houghton Stock Fund—1. ■ B-30 1-1-29 6- 1 tgecond Ayshlre -vStock quarter, payment eollieries dividend (quar.) VI 6-15 6- Tpc 6-10 5-27 B 25c 6-14 6- Bahamas Helicopters. 6-15 5-27 6-10 5-27 10c 7-1 6-15 5-10 5-17 25c 60c . , #4c 6- 3 f20c 6-15 412 Vic 6-15 ' 6-21 40c 20c " from income) — — 5 75c 6-28 6- 3 100% 7-12 6- 3 B/G Foods, Inc., common •75c S convertible F Company Aineiiean class A — (quar.) common Ltd.—r * Ea,l:cr Industries (quar.). 5-31 6- 3 6-24 25c 6-21 5-31 5% 6-21 5-31 . 20c : (quar.)— (stock dividend)__l deposit receipts for 5-24 4c 6-20 5 5-17 - 6-10 . _'_'___'__-__'l-l__—1 ___- $3 ____ 5-27 6-20 15c __.— Voting ^Machine (quar.) 62Vic (s-a) (quar.) (,quar.) ; $1.62y2C Iroh Pipe Co., 6% pfd. Chicle r l2c 6-1 6-15 p4c $1.62'/ac 2nd .preferred .(initial) American , —1. preferred (quaf.)_— 1st-.preferred .(quar.)—^ Cable 9 5- #15c Atlaa-Gorp., common (quar.) preferred (puar.V—I—____.—_— Atlas. Powder «Co. (quar.)__——1_ Atl'as Sewing Centers, Inc. (quar ) — Aiinpur Gold Mines. Ltd. (*quSr.)__ ^utb Electric Service; Ltd., common (quar.) Glass A (quar..)I__-—______H__.il .'____ Automatic Fire Alarm (quar.)__l_^___--—— Automatic 1st & 5- 6-15 25c ___ , » 6- 7 7-1 55c. __ Rubber—' 1st nrefefred (initial).— Chain 6- 7 6- — n 6-14 16'Ac _— £rt Metals Co., cl^tss A-— American 6-14 6-20 25c Atlantic Reliping Cpl, common'(quar.) _____ Atlantic Wholesalers Ltd,, .class A '(quar.)__ r - Extra •___•_ ■__■ —: 1—:' - 5-24 7-1 A%> — V6%;" preferred (quar.)—_'_2__12_2__ 6'/2% 7-1. ' 6-14 , (quar.) -lll'-l—— Agricultural Chemical Jquar.) preferred (quar.) (quar.) .6-15 -v 5-31 6-15 ' Inc.— Atlantic.Coast Line <RR. 6-14 7- I f "V 1 ' . 7-1 35c"- -I. 5-31 J i 7- 93.%c "class A (quar.)—— Transport, Quarterly Atlantic Corp. 1 5-17 7- $1.18 — Atlantic Coast Line ^8-12 6-10 : .__ (guar.) Atlantic City 5- 3 7-1 t 35c (quar.)_ copimon 5-31 #25c Ltd 6% cony, preferred (a.ccum.)— Associates"Investment (quar.) " Co, of B Associated " 6-0 . :___ : Co. (quar.) $4 participating 5-16 1-10 20c :• A Hardware Amer. deposit receipts 5-24 (quar.) R.) (J. Associated' Spring (quar.)__ Associated -Telephone & Telegraph 5-24 12&c 6-21 6-3 1 6- 6-15 1 } 22%c (quar.) com. , 50C u 1 6-12 7- #$1.31 V§, 5-14 5-22 . 5-29 5-13 6-14 1 f" 6-33 . 5 6-27 6-10 6-14 -6-25 6-15 « 1 6-28 % 7-20 . 5-20 6-14 30c preferred (qugr.)__ I — $5 2nd preferred (quar.)— $1.50 convertible preferred (quar.) Associated" "Electrical Industries, Ltd.— 3 6-1 7-12 75c 3 7-25 7VaC ___— $5 5-17 T 7-1 10c 28c 6-17 6- #25c 6-28 Ashland Oil & Refining, Stock dividend 1 6-15 _ 6-28 #20c £-13 Class Class 6- •6- 53V8C • — 7- 1 6-17 30c Ashdown 6-15 1 5-20 ________ Class B (quar.) __; Asbestos Corp., Ltd. (quar.)___ 25c — 7 6- 5-25 6-28 25C (quar.)____ common 25C 5-22 1 I 6-22 5c 30c ;___. (quar.) Oil, $1.50 ' 25c 6-14 6- 6-27 75c ^ 13 %c (quar.)—. $1 ' 25c pfd. common ' 6-29 9c , 3 0-29 .6-14 25c 6-14 1 6- 50c #$2 Equipment Co. ,(gup,r.) (quar.)—I Mfg., 7- $1.25 . — 6-26 6-28 ; 5-24 35c j 7-5 (quar.) •Armstrong Qork Co., $3.75 pfd. (quar.)__— Armstrong Rubber Co., class A (quar.) 5-31 1 — (quar.) 6-20 Arhic^ Steel C°rp. ' 7- common;,(quar.)__— 5-29 25c Company 4.72% preferred (quar.)—_____— Arkansas western Gas (quar.) 5-18 I 6-24 37 Vic ,6'/2% ; 7 6- 6 ' 6,24 $4 Steel 7 50c . $1.05 t67Vic 6'/2'% 5 6- 6-14 (qugr.)_,,— (quar.) Portland American 6- D- $4 6 0-14 6-20 $2.25 Fuel Oil Corp. (quar.)__; Arkansas-Louisiana Qas Co. (quar.)_ 5-18 * , 5 6- 6-28 12 Vic — (quar. 1 Arkansas 6-15 5 6- 6-20 , 31c Arkpnsas-B^isspuri Power, common (quar.) 4.65,% preferred (qua'r.)_i_ * $1.16V4 Arkansas Power & .Light, 4.32% pfd. (quar.) ' $1.08 : American .Biltrite ; 6-14 35c 0- $1.12% preferred A. (quar.) Ainerlcan "• 5-31 1 25c IV2C . 4-30 1 7 6-10 7- 30c Anthes-Imperifil Co., Ltd.— ^$5.25 preferred (1955 aeries) (quar.) Apex Smelting Co. (qUar.) Arcii's"Realty, $3 preferred (s-a) Argo Oil (t}uar.)_„i__ . 4-30 6 15 6- 7-10 $2.25 12 V2C . 1 6-10 7- 7- 37'/2c ' 62'/2 c 1—— American Gojortype Co. ZZZZZ 40C - 6-11 6-11 22 '/2c (quar.)— 'Angostuxa-TVupperman (quar.) Anheuser-BusCh, Iiic. (quar.)_ 6-17 #27%c 5-24 5-3i 1 43 %C (quar.)— Andlan National Corp., Ltd. (s-a) Anglo-Huronian, Ltd. (s-a)— 3-21 50C - 6-14 7- 37 '/2c ((initial quar.) of N. Y. £'/4% preferred (quar.) 12-13 1 60c Anchor Steel & Conveyor Co:__ 15c —■— $25 par 6-10 1 50c (quar.)—________ (quar.)__ Anchpr Post Products 3-31-58 6-14 6-28 7- 31'/4c Products Ariderson-Priciiard . • 7% .preferred Ampco Metal, Inc. " preferred 100% ' 5-10 5 (Indianapolis)— Writing Paper (quar.) American Zinc, Lead & Smelting (quar.) Amoskeag Co., $4.5,0 preferred (s a) 6-10 9-30 2% 15C Co.__ American RR.— American Rad.k Nqte, common 6-.10 31 %c (quar.)_. (quar.) Co. Stores American Vitrified ; _ . —— preferred 6-15 $1.06'A Y.) American Telephony & Telegraph (quar.)____ American Thread Co., Inc., 5% pfd. (s-a)„ American Title & Insurance (Miami) (quar.) - 27y2c -* & Baldwin, Ltd.-, Steel, Ltd-— American . £-14 60c $1.50 (N. Insurance American Surety Co. 25c — - 6% - (quar.) Stamping 5-20 (quar.)— £-14. - reduced States 1 10c (s-a)-—————-——- preferred 7 30c ; 6- 6-15 6-10 ——-——— American Aggregates Corp.— ' Stock dividend on common. '6-7 6- Sanitary— American 1 8- 6-15 • 20c pfdZ~(quar.)ZZZ~~~ Tucson Electric Light ds Power 6- 7- 2 — £$.75 preferred / "(quar.)_;—— Amajgamated Sugar (guar.)_ ' b? Standard Si 6-10 6-24 5-20 Aluminum GoPds jifg. (quar.)— 6-IP 20c ' ~ Thrifty Drug-Stores, 4% fr.(«>« : .6-1^ • 150c _ Z P-'lf 7c 130c ' 6% 7- 50c Great Southern Aluminum $1.25 25c 9-10 12-10 10c 5-31 • — preferredr(quar. Wood Alpha 60c ~Z~ 9-20 12-20 American Sugar Refining— New. common $25 par (initial quar.)_ 0-10 (quar.) com. (quar.) (quar.)' _1 Altee Companies 6-14 25c " Union 6-14 "• ZZZZZZZ (G.)., Ltd., common (quar) -4%> preferred (quar.)___-_Z Taylor Instrument Co, (quar) Extra I ZZZZ J£id.e P°wer Co., Thr ft Investment 1 7-1 - A^uminium/Titd. (fluar.)^___—„— h 75c Tamblyn -Stock dividend Tecumseh Products, Inc., 4.p^% conv. preferred Altec Companies (quar.) Alpha Beta Food l^grkets, 11- 40c, 7c """"" ■ Radiator American #$1.25 #30c Allied Paper Qorp/'(initial on $8 par shares) Allied Stores Corp., common (quar.)-, • (quar 1 $1.25 $1.25 25c 5 2% preferred Allis-Chalmers 10c Stecher-Traung Lithograph Corp. .""" Strawbridge <S? Clothier, $5 pfd. ("quar) " 4Va% . 1 30c - ' "" 6-20 (quar.) preferred preferred preferred (quar.) American Steel Foundries tl2'/2c I 25c (quar ) com. $1.25 $1.25 ,6-10 — Allied Chemical & Dye (quar.)-21 Allied Laboratories (quar.)__ 'Extra ' 1 15c - 5-31 (quar.) (quar.) 25c 5 6- dividend Algoma 4J- '1 75c 5-31 6-14 Re-Insurance Ltd.— Alexander *■ $1,25 Participating __ 6- 7-1 —: dividend Indus!rfes ' non-cumulative American 5c (quar.)— Allied Artists Pictures, ~ (quar.)__Z_ZZZ_ZZZZZZZZZZ~ Machine Process Allen $1.26 'A _ZZZZ~Z Z Standard-Tocb Chemical Stanley (The) Works 7- 1 (quar.) 7-19 • _______ Sundstrand Co. 6-20 ; (quar.) Southland 5-31 6-14 Safety Razor (quar.)_ 3 Consolidated Industries, Inc.— dividend —: '5% : 1 6- 6-14 Lines non-cumulative Common 3 6- #28'/uC (quar.)^. 162'Ac 28c 25c (quar.) American , Products, dividend Alan $1,18% Fruit & Steamship, partic. pref. (quar.) 6- 31'/4c ; Electric & $1.06'A 5-20 $1 preferred American 5-31 6-28 6-28 $1 1 Allegheny-Ludlum - President American 6-15 common Refineries, Allen (quar.) (quar.) 6-26 ; 25c 5% Holdert 45c (quar.)— (quar.) 6-28 24c 6-14 5-20 (ouar.)— non-cumulative the 1 (quar.)— 5% Payable of Rec. $1 Co., 4.20% pfd. .4.60% preferred (quar.) Alabama-Tennessee Natural Gas , ■ $1.12'/2 (quar.i in When #42 Vic 1$1.50 pfd. A American 7- 6-26 50c B $4 preferred A 6-28 20c 50c (quar.)_ class A American Potash k Chemical, class A Ltd.— 6-11 (quar.) Royalty Co Southwest Gag Corp 7-15 being given (quar.)____>————— t50c preferred S3 5-29 IOC common 37'Ac (quar.) com. 4.80% 6t 4%% Standard 5-24 6-10 Class 2% Alabama Power - 7-1 30c - Ltd., 70c > (quar.)_____ Speer Carbon Co. Sprague Electric 6-10 Share , (quar.)_-___l____ZZ_ZZZ preferred Wire .4.50% 6-14 preferred preferred 6-10 (quar.) Ordinary (s-a) 6-14 preferred 5.05% 6-15 "6% partic. pfd. (s-a) $1.25 4V2% ■ . 5 $1.25 (quar.) Power, 6- .6- 3 •4W% 5%; Piano, American preferred class A Alabama participating preferred (quar.) Sbuthern Photocopy Equipment Co. American —_——.— - (quar.) Power 6-19 t:- 30c (quar. Canada American 4 50c Aetna Stand Engineering (quar.)—— Air Reduction Co., common (increased)— $1.21 Engineering Works (quar.) (Howard) Paper Mills, Ltd.— preferred (quar.)_____„ South 8 25c Agricultural Insurance Co. (Watertown, N. Y.) Quarterly ; 6-14 „ preferred: 1 6-15 5) shares) Pattern class 7- 6-19 (N- J. shs.) at the cur¬ pence on 12'Ac- -u Skenandoa Rayon Corp.— ■5% prior preferred iquar.) 5% 76- 5-24 6-14 3% stock A 7- 6-14 6-20 1 dividend) 7-31 ' 1 class (stock B 30c ... Paper Co., Precision 5 'A % 7- in class ; 75c (quar.) (quar.)' Common 15c (quar.i American Payable (quar.) 25c (quar.) Door and A (quar.) 50c Inc (quar.)___ Co., 6% non-cum. preferred A——_ Aeroquip Corp. (quar.),'——— AgheW-Surpass Shoe Stores,-Ltd.— • • " : , (quar.) Shell Transport & Trading, Ltd. rent Petroflna— 20c Aeolian : payment __ preferred News Optical Co. $1.06'/4 (16c from net ordinary income k 35c from .net realized long-term capital gains) — Adams (J..D.) Manufacturing Co.—— — • Scruggs-Vandervoovt-Barney, Inc.— S4.50 American American American '■ Co. 7 6-19 6-29 25c class Adams Express Co.— 6-25 25c (common 6-10 1 Stock 6-10 7-25 91'Ac ___ 5-31 6-28 7- Stock 6- 5 g"26 (quar.) A;'8-2iZi: 6-14 (Galveston) (quar.) (quar.) preferred (quar.) Acushnet 6-10 25c (quar.)______ this at 6-14 35c _ Corp. (quar.i Mfg. Co., common Scranton Acme 6-14 35c (quar.) 0-3 50c (quar.) Insurance 9-10 v & preferred $1.20 Acme 7 $2 Schwitzer S3.65 6-29 Co. 12-10 Stock #20c • #$1.12% (quar.)„_ 1 quar.i > 9-27 Stock (quar.) Industries ScovJU 5% 6-10 6- 6-12 12-30 9-10 " 6-17 6-28 3c $1.10 convertible- preferred "40c 60c 3c $1.25 ( quar.)« Common 7 A Louis Public Service, Ssco-Lowell 5% at payment 5-24 5-24 Quarterly Abrasfve & Metal Products Co., rate , 8 Quarterly Quarterly Acadia-Atlantic Sugar 7-10 6- 6-10 3c 6-29 60c - ~ ,"Z" current common Ltd. Hotel Ltd.— . Company Power Adam on time) Charles 7 Co:—1 taken Industries, Co., preferred 6-10 - 4'A % preferred 7- - ■ of this Metal 4'/2% 6- 30c 30c _ 7 dividend Common 6-18 #20c deposit receipts ordinary Corp. (quar.) Roos Bros., Inc. (quar.) Royal- Dutch Petroleum Co. (20 guilders) the 6-20 6- . American guilders at 1 #20c Z__ Ronson at American 1 5-27 6-10 50c — .11 (quar.)__ (qvar.) Foundry Co. 6-14 Laboratories, Abidbi 6-21 _ (P. 'L.i Mfg., Ltd.___ Robinson, Little & Co., Ltd. (quar.) Rolls-Royce— •. -. ■. St. 7 7- 7-1 (quar.) 4% convertible 6-20 1 7- 35c Paper (quar.) l! 3 C>-14 6- announced Abbott (quar.) Robertson Russell Metals ACF Industries,' Inc. (quar.) ACF-Wrigley Stores (quar.) 6-10 5-31 $1 obligation C.) & (quar.) 1 7- $1.31 % ' 6-20 50c 34c Co., Ltd. (quar.) (F; Machine Per Richmond, Fredericksburg & Potomac RR. Co. action 6-14 American we Name of 6- 6-25 45c V 111.— class A Co., 6-29 3 (No & preceding table. 5 6- Russell Machine give the dividends announced in previous weeks and not yet paid. The list does not include divi¬ 6-15 3V2 American of Co. 5% 6-11 50c ; 5 1 Chemicals Below 6-12 of Locker 6 6-15 50 c 6- 1 Manufacturing Steel 6-29 5 2 Insurance, Youngstown 6-15 $1.16'A ___________ 1 $1.06 (quar. ) 7- 50c (Final 7 6- Investment 5'%% Class $1.75 Inc. from 5 55c Wyckoff Steel $1 6-15 ordinary net 6- 35c Stores, common—; preferred (quar.)— preferred (quar.)—_——_—— Wyandotte 5 income and 35c neit realized long-term capital gains) from 40c $4.25 6-14 (quar.) 7- World 1 7- 6-14 7- 6-20 6-28 ,5-20 American International Corp.— 6-29 )____ r— I'l 6-20 Texas) 10- '6-12 8- Corp. of Del. 2 6-14 20c (quar.) (Galveston Co. (s-a) American Insulator 37:/2c Williams-McWilllam .Industries, #75c Indemnity 1 9- 7-1 30c 11— Hospital Supply 6- 9-10 35c (monthly)— II—1——-II Products Corp. 85c common Publishing 60c 1 30c Wolverine , 6-10 (quar.) prior preferred (quar.) American Laundry Machinery Co. • 6-20 1 30c 30c 35c — Derrick — 11c — 6-20 7- 30c 5-24 (quar.)^_____—. prior preferred 6% 5-24 6-10 inc.) J common.. 7-15 1 6-10 6-10 6- (quar.)_— 7-15 7- 30c Corp., class A 6-20 Wieboldt 5 6- (quar.)__. & Home American (quar.) Stationery, Cement 5-10 6-20 (quar.) Co. Inc. Steel, 6-10 6-14 6c — preferred (quar.)_ Whitehall _ Dividend 5 6-14 5-10 5-29 15c — American 5-31 6-30 * 4 1 6-10 6-12 36c Corp. American 6- 15c . River Raisin 6- 6-20 6-15 11-30 j 25c Extra 5 6e:a! 9-16 12-14 II——1_ Hoist American 6-17 7- 20c #75c ; voting (quar. non-voting 7% 1st preferred (quar.) !'■ original preferred (quar.) Purolator Products (quar.)_ Hitter, 1 5 25c invest, 6-14 10c Common Common 6- 7 (quar.)—i Quarterly 68 %c (quar.). 6-29 com. Co. 6-15 6-14 Electric (quar.)— Insurance Co (Houston) Products & 25c 6-28 75c ' Bros. 6-11 Oklahoma— 4.24% Eichman 6-26 5-31 Power— American Greetings Corp.)— #50c II (quar.) preferred (quar.) Rhodesian 6-17 7-15 6-18 — Quarterly (10c Amerace Massachusetts 6-10 preferred Publication Corp., 6-23 (quar.)__ Snowdrift 6-10 L_________ Service 6-14 Corp.— Electric 6-10 __ Bros., Ltd. (quar.i___ Prophet Company tquar.i_; 6-28 7- 6- 6-28 50c 50c 25c 25c 25c General Class B - & 6-24 (quar.i... (quar.t___.__ Price 4% (see Foreign Gas American A___ (quar. Penn 6-24 (quar.) partic. 7 American Virginia Pulp & Paper (quar. 6-24 divid.) (quar.) 6- 15c J 56c com. 6-29 $1.25 6-21 —I— & American ' 6-14 (Increased-quar.) '10c 6 'Ac 37'Ac s-a) class A (quar.)a 50c Ltd., 6-14 60c Fund (quar. from Payable in cash or stock 12'/2c . (Mass.) 2 American American (quar.) Wells-Gardner & Co. 62>/2c __ (Pa.) of Canada Pratt & Lambert, Public Corp. 62 "2c ______ 2nd Porter 7- (quar.)_ Street Investing 25c Z.ZZZZZ (quar.)__ (quar.) preferred (quar.) Pomona Tile Mfg.„ 6-14 (quar.)_ 20c preferred 2 A West ZZZZZ common 7- 5c Wellington at <quar.)__ (quar.) Corp., •S2.50 6% payment (quar.) American Fire k Casualty (quar.) investment net Wesson Oil common American Export Lines American Forest (from Quarterly from ordinary income_„___ time) Flastics, Match preferred Wardell L on 6-20 1$1 West taken 1 ) 6-10 5-31 Phoenix Hosiery Co.— Pioneer 7- 175c Machinery Corp.— Dividend omitted at this time. S. Life Insurance (N. Y,)" (increased Weco Products (quar.). 6-20 (quar.) Storage Van Sciver ( J. B.) at payment " 1 6r29 25c Securities & European American 6-14 10c 12.'/2c -3Pc partic. preferred^ (gccum.)—.—; Electronics (quar.)— American Enka Corp. (reduced) 30c (quar.) (quar.) 6 6-29 100% - common preferred 6-10 15c — preferred Universal 20c common time) Philip Morris, Inc., U. 6-25 7- Electric Securities Corp,— American American Quarterly from gains) Transportation. Stock dividend______^________ Philco Corp.— this 6-10 net Suburban (No 6- 3 5 '«■ 15c — —_L"— Utica Transit from distribution a capital 6-14 6-10 6-20 25c ______________ (5c Cold 6-29 20c (quar. Corp.— (quar.) A Fund realized Fhila. Incl Trading partic., Philadelphia ; 6- Holdert Payable of Rec. Share Name of Company Hoffman 30c ; Corp. (quar.) Pettibone-Mulliken (quar.i 6-15 (annual) Income Fund 25c 25c Perfex B preference Funds— Bearing Corp. 7- Penton 5 1% (quar.) income) U. S. $1.15 1 iquar.) preferred United .. 6- S fclass 6-10 7-1 $1.10 ____ class United 6-10 (quar. on 6-15 1 A dividend 1 6-15 $0.43098 (quar.i— 6% preferred (quar.) United Fuel Investments, Ltd.— 6% class A preferred (quar.) 6-10 $1.12 Vz preferred (quar.) preferred <quar.i___ 4.40% 3.35% 7- 1 60c _ class 7- ttc 1% 13%c on 5 'A % 6-14 $1.50, • dividend 6 30c Haut-Katanga RR. (quar.)_Dl_'_ Utilities, common Stock >, ■ t $1.50 __ ______ Cities - 5-23 6- When Per Holder* Payable of Rec. Share _ du Stock : ' . Common Pacific 6-17 '__ Telephone & Telegraph Co.— 4', 2 '/i Company Miniere United 5 20c Common (quar.) _______ ________ 6% preferred iquar.i. Penman's, Ltd., 6'; preferred iquar.) Pennsylvania Power & Light— . Name of Union time Aggregates Intermountain Pacific : , Union postponed & When Per Holder* Payable of Rec. Co.— action Cement Pacific : Sharp Name of Company , June 3, 1957 The Commercial and Financial Chronicle... Monday, (2564) — 6-10 5-31 18%c 7-1 6-0.4 6-28 6-14 . qrdinp'"' ' - -1 r i-i'j "-31 o-gti Volume 185 Number 5643 The Commercial and, Financial Chronicle ... (2565) t ' . .\ T • ■ . . v. i/ Per ~ Name of Company Shard B?i^in piano_po.f 6% preferred 6% preierred Baltimore 4% $1.50 preferred I 7% • 4>/i% 60c 47'Ac 6- (quar.) 56j/4C common (quar.) Brummell Beaver Lumber Class >! Ties, Counselors Inc. (quar.) Co., (quar.) preferred Ltd., common (A. S.) Shoe, 434% pfd. <quar.)_____ Beckman Instruments (stock (iiv.)___ Beech-Nut Life Savers (quar.) Heminway Co. (quar.)____ Belgium Stores, Ltd., 5% preferred 6- 3 37'Ac 6-20 5 17i/2C ~ pfd. Manufacturing Co. (quar.) Biltmore Hats, Ltd., common (quar.).. $1 preferred A (quar.)_____ i 6-13 6- 7. x 6.17 1 6-3 7_ x 6.20 I '' 5.60% 35c 6-28 6- 3 r 7 & Bloch (quar.) (quar.) (quar.) Co. Laughlin, Bros. Inc. $140 convertible 6% preferred (quar.)_ _l 75c Alrnlane (H. Co,, common prtor preierred «& Brass r 31 %c $2^13 <3*4% ** .:•?*- B/itlsli American British Oil, American Ltd. Bank Ordinary r" regular (stock (stock divid.)_____^ dividend)______ receipts Ordinary bearer ' (stock ; British American Tobacco Co.; Ltd.— final • ' •"* Registered 'One - end,-Bearer-(stock additional shillings shares each 'share three ££_ held). British Celanese, Ltd!— American dep. receipts v * (10 -"- " preferred (quar. preferred (quar.)_ 4Va% " " 5% preferred -,5% preferred (quar.) Broderick & Bascom Rope Borough & Gas Bigelow $5 preferred Buckeye Budd Pipe Company, Buffalo-Eclipse Stock dividend Bullock's Inc., 4% Bulola Gold Eulova 6% Burns & Dredging, Ltd. Co. 45c partic. Bush Biscuit T 5% 5% class (quar.) 51/2% * $4.75 " 6 6-11 5 1 7 5 5-14 6-12 7_ 7 , 2q wig fi_ Inc., r" t g"T7 2 10"- 15c * a ? 94 9? 20 6- 3 com. in «2 ? 6-15 r 1 6_15 Z \ 25c 6-15 fi" 6-15 27c 1 6-15 6 1 27>/ac ' 6-15 fi- 1 5% 6-11 5-17 dividend)__ (quar.) 20c £_ (stock (quar.) 6-29 ' — • 2% " 6- 7 fi-99 $1.183% dividend) (quar.)„ £ 6-10 5-21 7- 1 6-12 7- 1 6-12 6-10 5-31 fi- 7 7- 6-21 I 62'Ac 7- tlVaC . 7-26 75c $32'Ac 25c 1 fi-7i 6 26 1 «-i4 6-20 5-20 7- $4.16 50c Continental 6-21 1 1 A. .-B.) Chance 22 60c ~ Can Co, 3 Quarterly 9-20 12- 7, t$l 6-18 6-1$ 6-15 10c 35c 7-1 6- 6-29 87'AC $i.is : Common 25c 7- 1 $1.17 7- 1 6-14 10c 6-15 -'V 25c 8- 1 8- 1 $1.12'A 7- 1 Hi 6-10 -25 6- " 7'Ac -i5 10c 8-28 5-25 5 4 Crow's 6- 8 Crucible" Steel 25C 6-28 6-14 7-5 6-18 $4.50 preferred Cleveland Electric 7-25 7- 5 10-24 10- 4 12-24 12- 8 6- 7 guaranteed Trencher 6- 5 6- Cluett, Peabody & Co, 22 ~ second preferred common preferred (quar.)—.; Cochenour Willans Gold Mines, 933Ac 6-13 12'Ac 7- 1 7- 1 1 " 5-31 4c 6- 6 6- ; 6 6-10 6-28 r 5-28 6-14 8- : 1 7t15 IOC 8- 1 25 c 7- 1 6-10 25c 10- 1 / 9-10 7-15 50c 6-14 5-17 45ct 7- 1 6-10 75c 6-28 3 6- 6-29 $2 , 7 5- 8 6-14 28c 6- 3 5-15 28c 9" 4 8-15 $1.75 $1.75 (quar.)__ 7- 2 8-14 9-27 9-13 10c 8-15 8- 10c 9-15 8-31 40c 6-20 6- 5 75c 7- 1 6- 7 15c 7- 1 6- 7 (quar.) 50c 6-28 6- 7 (quar.) (quar.) Curtis Publishing, $4 prior pfd, (quar.) $1.60 prior preferred (quar.) ' * ' Curtis-WrlgJht Corp.— - 1 $2 non-cumulative class A $2 non-cumulative (quar.) 50C 9-27 9- 8 non-cumulative class class A $2 A (quar.) 50c 12-27 12- 8 50c 6-17 5-31 60c 6-10 5-28 75C 6-15 Cutler-Hammer, 5-24 Cyprus Mines (quar.) Inc. (increased) Corp. Dana Corp, V 6-25 6" 6-14 I — I 33A% preferred A (quar.) Darling (L. A.) Co, (quar.')___— David & Frere, Ltd., class B Deere & Co, common (quar.) Delaware Fund, Iricl £____ 5-27 7- 1 6-20 7- 1 6-14 6-10 $1 5-17 Delaware, Lackwanna 7-29 7- Delaware R. R. (s-ai & Western — 6- 5 933/4c 7-15 7- 3 12'Ac (quar.) common 6-28 6-14 8- 37'Ac 12'Ac RR. Co.— 12'Ac | 1 3-28 7- t$6.25 1 6- 3 6-15 5-31 6-17 5-24 $1 Delta Air Lines Dennison com. 6-15 5-31 $8 50c 6-10- 5-24 1 6-14 6- 3 5-10 6- 3 5- 6 $2 (quar.)—£_ 6-12 7- 30c 40c — 6-20 6-29. 6- 3 5- 8 Denver 1 Mfg., debenture A (quar.)— (quar.).— — Tramway Corp.— $2.50 to $3.50 1st preferred (s-a) $2.50 to $3.50 1st preferred (s-a) Detroit & Canada Tunnel (quar.)_ 6-15 5-24 6-30 6-20 6-15 6- 3 $1.12'A 6-15 6- 3 Detroit Gray Harvester 7- 6- 5 Detroit, Hilldale 1 class Iron Foundry Co. & 62'Ac 6- 3 5-10 6- 3 5-10 7- 1 6-14 6-28 6-14 20c (quar.) Steel common Detroit Corp, preferred (quar.) Dewey Portland Cement, 5c — hew cl. A £ Di-Noc (Interim) 50c 6-25 6-11 (Initial) Diamond Portland Cement (quar.) $1 7- 1 $1.75 1 6-17 J3c 6- 5 5-23 class B (initial) Chemical Arts 6- 6 6-15 6- 1 Diamond Diamond "T" Motor Alkali Co. 25c 7- 2 6-14 6-18 5-31 (quar.) 6-12 5-2S 6-20 5-29 12c 6-11 5-31 12c : 6-11 5-31 6-15 6- 5 25c (quar.)_ Car 25c 12'Ac 6-17 7- 6-20 $1.50 (quar.)—.__— 5-31 New 9 Co. 6% 5*24 . 5 7- $2 Detroit Stamping Co. - • 12- 7-19 30c RR. 6- 12-15 25c Co Western 6-15 62'Ac (quar.) South 6-12 22 7 "6-29' 5-24 6-10 Ltd 1 6- tlfcc 6-10 25c 7% 8- 11- 50c 1 42'Ac (quar.) 5-31 8-15 11-15 6-14 6- 5Gc : 6-15 $4 6- Z (quar.) 5-24 6-28 6- 87'Ac Corp. 6-12 6-21 1$3 : Cunningham Drug Stores 5 ioc (quar.) Chemical 7 25c ;— — 35c (quar.) 6- " 40c Quarterly 2% (quar.).-: 1 5c 5-28 6-28 7- (s-a) 7-15 62'/2c (quar.)- 5-23 6-10 25c (s-a) guaranteed 5-23 6-10 25C (quar.) Apartments Detroit special 5-23 6-10 (quar.)___w— (quar.)___ Co, Ltd. preferred (quar.) $1.12'A regular 6-10 ' 75c 25c America 7-15 $1.25 4% 4% 6-15 ' preferred 7% Cumberland , $1.37'A 2_2 5-21 American Sugar— " 7% 37'Ac 60c (quar.)- Clorox of Cuban Illuminating— Clevite Coal CO. 6-14 $1.75 7% Cleveland Pass $1 preferred <quar.)_Cleveland & Pittsburgh RR.— Cleveland Quarries Nest $110 $4.50 4- 6-20 ' 6-28 $1 : 5-24 — 6-10 10c $1.50 (quar.) 5-23 7 7 ' 50c ____.— $1.75 : 66- 85c 8% preferred (quar.) Crystal Oil & Land Co.; $1.12 pfd. $1.12 preferred (quar.) ". 15c (stock dividend) 6-14 5-31 6-14 7-19 * 25c (quar.) 5-31 6-14 62'Ac ; 6-18 (N. Y.) — (One sh. for each 9 shs. held) Refining 5-31 i 7- 12'Ac — 6-14 Casualty & 7-30 b-15 ■--25c - _______ 6-28 6-13 preferred 1 6-14 8- : 100% 6-21 6-29 Cleveland-Cliffs Iron Co, com. 5-31 40c • 62'Ac 67'AC i_ 6-15 20c Curtiss-Wright Corp. (quar.)jaa___£££__£££-. RR.— (quar.) 1 6-14 3% _____—___— Crum & Forster, common 50c '■' 5-31 common 5 7- 183/4c tquar.)____ (quar.) 7- 6-15 5% Co. 6- 30c (quar.) 5 6- 12'Ac 6-21 8 i 6- 6-30 40c (quar.) 8-1 8 City Investing Co, 5'A% pfd. (quar.) City Products Corp. (quar.) 6-15 • t$1.30 (s-a) )_ri____A~„— 6-25 9- (Stock div.) i^uar. 75c 3 6-14 Citizens A 6-30 11- (quar.) 7 5 $4 6- 7-15 pfd. 6- 6- 50c (quar.) (quar.) (quar.) 7-15 9-26 ^ 6-15 (quar.)' Corp. 6-20 11-27 (quar.) 6-14 1 6-29 • $1 87'A6 20c Cities Service 5-22 7- " RR. : 6-15 50c 25c .- 6-14 $1,12'/a Crown Cprk International," class A (quar.)^. Class A (quar.V '£_i Crown Cork & Seal Co, Inc., $2 pfd. (quar.) Crown Zejlerbach Corp. (qtiar.)_ —_—;— Curtis (lielena) $ee Helena Curtis Industries 6-10 $1.25 Co.—„i 6-28 15c prossett Co, class A (quar.) Class B (quar.) "_£__1__*_a— 7 $1.25 Copper Petroleum Cresinont Oil 5-2Q - Securities, common 7% preferred (quar.)— Cincinnati Gas & Electric, 4% 7 45c (Toronto) $1.25 Christiana 7 6- 25c preferred Class B (quar.)^. Creole Petroleum Corp. Vf -30c — - Chile convertible Class v--- (quar.) 6- ' (quar.) convertible preferred 7 1 1 (quar.) C.raln (R. L.) Ltd. (quar.)-_________^_____— Crane Cd, 33A% ' preierred (quar.)___— Credit Finance Servicfe, Inc.—' * " 5-31 (quar.) $7 6- 77- Quarterly f>—i— " __ Quarterly Chicago Title & Trust (quarj Chicago Towel Co, common 1 $1.13 preferred (quar.) Cosden 6-1 40c (quar.) 5-31 7- — 7- 1 l iP/a c - (quar.) Bend 6-15 $1.12'A Y.) Corroon & Reynolds, $1 pfd. A Corson (G. & H. W.) (quar.) ■6 $1.19 a—' ' 37'AC South 5-29 5-31 (quar.) America ' 1 $5 preferred & 6-14 6-14 22 'Ac (quar.)___ Cornell Paper Board Products (quar.) Cord, Inc. (quar.)__ 6 - 3f 7- 6-27 Shore Of Cosmopolitan Realty Chicago, Rock Island & Pacific R. R. 5 10c (Del.)- -(quar.):. 6% 6-1'flJ (quar.) South Insurance Co. 5% 6-10 6-10 $1.04 ; 7- 1 ' 6-10 1 • 6-13 $1.12'A Chicago Molded Products - (quar.) Chicago Rivet & Machine-(quar.) 5-10 8- 20c Cooper-Jarrett, Inc. (quar.) Copeland1 Refrigeration (quar.)— Copperweld Steel Co, common (quar. 3 $5 preferred $5 preferred Chicago, Oil Co. ~(N. Cooper-Bessemer Corp.. (quar.) ' Stock dividend_____£___i 6-10 1 77" $1.50 (quar.) 5-15 6-15 Co Life 6-10 ; "7-1 $1.15 $1.183/4 • ! 6-15- 60c Cook Coffee Co. (stock dividend) Cook Electric Co; (111.) : 6-29 $1.23 - Pacific 6-10 (quar.) 6-14 6-20 " Gin Continental 5-20 _i. ; 6-21 50c preferred 1 37'Ac (quar.) 6-14 25c 25c Continental 1 6-18 3'A% qonyertible preferred (quar.)___—__ Chesebrough-Pond's," Inc. -fquar.)„__: Common 6-14 6-14 , 7- 6-29 — _______££_ 9-20 933Ac Controls Co. 2 'A % 5% preferred (quar.)— A: Chicago Medical Arts Building Chicago Mill & Lumber (quar.) Chicago, Milwaukee, St. Paul & Common (quar1.) 6-20 1 (quar.) 6-14 $1.06'A Chicago, Burlington & Quincy R. R. Co.—— Chicago & Eastern Illinois- R. R. (quar.) i._! Chicago Creat Western Ry9, com. (Increased) 6-20 1 1 7- $1.04 1 6-10 - common 1 710- Copper & Steel Industries— Continental Steel Corp. $1' (quar.)— 1 10c 5-31 40c Chesapeake & Ohio Ry. Co, 1 Securities, (quar.) 7- $1.12'A $1.16 . 9- 12- 7- (quar.) com. common Continental Insurance 9- 7 12-20 £6-21 Chance -Yought 4'A%. preferred 8 6- •v--*£r£ Aircraft (quar;). Chattanqega1 Gas' (quar.)_-__;a'— Chemway Corp. 1 _J_ a_-_—a__^_ Chenango & Unadilla Telephone Corp.— 1 9-15 12-15 1 (quar.) Continental 65c (quar.) 8- 7- (quar.) (quar.)_. convertible 6- $1.25 - Co.-' (quarr>-a_-_a^r_"'_-—_aa—_ 1 6-15 * 5-15 3 6-20 $1.25 _ 4.75% preferred* (quar.)- a—£— ^i_— Co. .iquar,• _-_a Century industries (quar.): .-_ai Champlin; Oil & Refining, common (quar.) 3 6- 30c convertible 2nd preferred (quar.) Continental Commercial Corp.—j> Continental Century.J^iectric 6- 1 6-29 (quar.)__ (quar.)_ preferred 6- $1.25 6% preferred iqpar.) Central Steel & Wife Co._,r__-__ Central Vermont' Public Service— 6-17 7- 20c (quar.)___ preferred (quar.) $4.52 preferred (quar.) Continental Assurance (Chicago) 6-18 2c r_„-_ 6-17 10c Standard Utilities preferred Common — 5-20 6-30 25C $4.50 — — 6-15 Consumers Power Co.— 6-14 (quar.)_£. Controller 25c (stock 7-19 (quar.) (quar.)- 3 '/4c 12'Ac Gas 7-19 (quar.) common (quar.") (quar.),^— 6-10 1 20c Consolidated 8-10 30c preferred (quar.)__s. ___22222 4'A % preferred (quar.)4.92% preferred (quar.)-—___T___j. 7- 30c 31 Electrodynamics (quar.) Freight ways - (quar.)_; 25c 22 6- 5-31 $1.37'A a Consolidated 6-29 4% Equipment Co, 40c Z Consolidated 11 %c (quar.) 6-29 6-14 $1.25 $1.75 L: 5-31 70c $1.25 Co, 8-10 22 (quar.)- Clark 25? 2_ 5-27 $$2.50 4.75%-preferred 5-15 6-10 20c (quar.) 60c Warehouse--- Clark (quar.) common :■ Edison $1.05 (quar.) (quar.) 6-10 50c i._- common Coppermines $5 preferred 2 preferred 5-24 6-20 ;___ Corp. Diversified Consolidated 7- Clark Oil (quar.) 6-11 50c (quar.) - 7 6-30 10c a; 50c Securities 6- 10c Ltd, $2.50.non-cum., preferred (s-a)___ 3 6-21 3 5-15 5-31 222 6- 5-31 1 6- 6-30 r (quar.) 7- 1 1 7-1 com. 5-17 6-28 7- 7-30 1$3.50 6-15 (s-a) preference 6- 5 q 60c (quar.) Co., 6-14 ? 12'/aC preierred A 7 20c t2 (quar.)2 Inc. (quar.) preferred (quar.) S.) 6-15 25c Utilities, preferred 27 l_11 n. 6_24 !5c (quar.) preferred 31 6- tile Campbell Red Lake Mines Ltd.iquar.) .Camden & Burlincton County Ry. $1.30 5 573 $1 50 2222222222 Packing Corp.. (A. e-15 6- 25c (quar.)____ • $2.50 9n 5-29 r-ir $1 (quar.) Corp. yalumet & Hecla, Campbell t 6-10 r-28 30c preferred conv. 7 7T 125c (s-a) (quar.) Co.. 1 in 5 6_9J Corp. convertible California 62 5-24 15c A 1 35c 1 preferred 5.40% fi_1q 6 6-14 30c (quar.)j California-Pacific , , Docks, Ltd.— Financial Ink 7 6" 7 3c Terminal California r" 20c Building Co. (increased) Butterfly Hosiery Co., Ltd.. 7% pfd. (s-a)__ Bymart-Tmtair, Inc., 5% pfd. (quar.) C I ' n 6-14 25c (quar.) Burroughs Corp. Burry K 35c Quarterly Dry 7 6- 1 2 7 _,_£ Corp., common preferred (s-a) Burrard 7. 5 25c (quar.) Burnham • 7-2 5 22 6-10 6-13 .$2 , 7 6-10 _7 preferred Watch Co. 7 7-10 (quar.)_ — T,. 6-4 (quar.) common Corp. • ' fi" 2 7-1 ■ (quar.), Consolidated ' r ' - 25c ; Co. 5-ir 7. (quar.) common (quar.) . «o 20c <quar.)__ Line A 7-1 (quar.) (quar.) Oil 21 16'Ac • 6-15 7 ' Champion Paper & Fibre, $4.50 pfd. 2ft 62Vuc _^__22222 (quar.) Bryant Chucking Grinder Co. Creek 3 15c (quar.) Brunswick-Balke-Collender, Buck * 95c . . Consolidated 7- . 7-2 iq 6-15 40c Stock dividend-! * * 7-22 tR3c (quar.) ■ ,Brown 11 " 6 Gas— r Brooklyn 4-29 7. t«i y 4-29 J56c 7 (quar.) Taunton $3.80 preferred (quar.) Brockway Glass Co., common ; 4-2E'* : +53C - Brockton ' :4-29 ' c ; 6- 6-30 20c V. 4.15%£ preferred;. (quar.-)_—__££4.65% preferred (qtiar.)- —.^ 1 ' ; * 3% preferred (quar.) (quar.)—__—__-~_2~2-v preferred % 4 a 6-14" 6-21 *■'■$*■ " t$i ; : , 7tT • s ■ 6-14 fl 4% ~VU% . 5 3 " . (final: ordinary - " British Columbia Electric Co., Ltd.— , 4. 6-14 t " 7-1 40c 4.60% :preferred (quar.)4.6% pfeterred Mquar.i---——— 517 7-1 7, 1 " ; 25c $1.75 Central Maine Power- « , > 6-14 5-24 60c r, Cigar Corp, $5 preferred (quar. (quar.) preferred 1 7 $50c Consolidated Cement 65c 5% 7- 6- '£ 4.50% Central-Illinois 14 5-31 " 33y3% Consolidated 5-23 $3.75 3.50% i c.ic 331/-%- ordinary * £ fi 7- • * Life I '■*< divldeudl-^. Ordinary tor par) 6-14 • 5-24 6- lid • ? 7-15 33'Va%*~. 5-23' 8 3 Common a 4 - ^ — r 6 6-28 ' ;. 8 6- 25c >4.64% preferred (quar.) Central Illinois Public Ser-viee— 4 ' ?.!; 2 6- 75c 22 6-14. 25c : Connohio, Inc., common " 1 • 5-24 . (Wash, D. C.) (quar.)___- (quar.) Storage 6-28 (quar.) preferred 2 3 4va% - ' ...A5ler* dep- receipts (stock divid.)__"_: _ - 6- 6-10 divld.),^^.:. * «:?■ 6-28 +3sr ' 7 6-15 I25e ' r 6-29 11c ' 1 c.oq - . ;; 7 6-29 1'93Kc ' _Z__ "• R. } 40c' * quar.) _____.2_______i£_:__V American Tobacco— % 'v~Z Brltlsl) preferred 40c 5% .■ t $1 v. fM? (quar.ij. Co." Ltd.— Note 40c (quar.) Georgia Ry. Co.— preferred B (quar.) preferred BMquar.)— 5% preferred B (quar.) Central Illinois Light Co, com. o 12_9? 7- < I5c (Increased - 3 2 7- of 6-15 35c • )__2_"~T ; 3 6- 6-14 7- 7-2 6- Cold ' •____ (quar.)Z.Z_21'r_'r? preferred 6- $25c 6- Detroit 7. t683/<c . British Aluminum Co., Ltd.— American shares ordinary__'_ $$1.25 2 1 Central ~ t62«Ac t Corp. (quar.)_, Bristol-Myers Co., common (interim Z 6-26 Central 6-29 31 '/4c J50C Quarterly : 7- Centra! 9.07 Extrft 5c ij.28%. preferred (quar.)* 33c' Brlggs & Stratton (quar.)Z__T_-—"_1l._222 ' V 35c Bright )T. G.) & Co.. Ltd. com^-"(interim>22 *" t:'5c 5%- preferred (quar.)_____•_; :i_ iV— }28%c •Briuo »i,g. co .m-o.., Brass 3 $1.12'A 6-14 if.JL $i'25 i Bristol 3 (quar.) 6-25 5-24 $50c 6- 75c Central Canada Investments, Ltd 5% preference (s-a) 7-16 5-24 &■ Power (quar.)_ Association (Toronto)—• 6- (quar.) preferred A 2nd preferred 1 8 6-29 Quarterly Quarterly ; 7% , Life 2 _2222 Plywood Corp; 1 7- Light 2 (quar.) common 7- ' " 6-28 Jig _ 6 4'A% t fi~ 6_14 20c $1 25 sons.. tauarT^zzi::.:::::: Co., common (quar.) Gas Tractor, Mills 8- 50c 62'Ac (quar.)__ 7- (quar.) Co. $1.12'A ' (quar.) & 7- (quar.) preferred Co. $$1 preferred (quar.) Co. 7-16 $1.25 preferred (quar.) Congoleum-Nairn, Inc. (quar.) 5-15' $$2 com. 6-17 1 (quar.) com. 5% ' *_JJ Woven Hose & Rubber Co., 6% pfd corp. 01 Nolui America, Ltd.— preferred (quar.)_._V__;:_'___,______^_ 5'/2% preferred (quar.)J_T Bridgeport Confederation Z_2 Corp Inc., 1 (quar.) $$1.25 (quar.) (A. M.) & Co.^(quar.)__ Celanese Corp of America, com. 2n r-17 5% & Connecticut 6- 3 6- 78- 683Ac Co, —__Z (J. 1.) Co, 7% preferred (quar.) 6'A% convertible preferred (quar.) _ c ?.'J Bowater (E. j.» 6-14 (quar.)_ Case 5-31 $1.3?V/° Boston Brach fi_9q fi_10 6-15 25e __ 4.20% Carthage ir 50c Stores, Inc. (quar.) ____Z Book-oi-the-Month club (quar.)_: —.21 Boston & Maine RR., $5 preferred (quar.)__ $5 preierred (quar.) £______££_£_£_ $5 preferred "_ r 25c (reduced) (quar.) Caterpillar 6-15 6-2H 2cc ~ (quar.) (quar.).4....! Aluminum conv. 76- 6-28 lie 11c Stamping (quar.) Commonwealth Water Co, 5'A% pfd. (quar.) Community Public Service (quar.) Compo Shoe Machinery Corp.— 5-31 $50c 3 5-31 25c Shearing 5-31 2 3 - Credit 5-31 6-20 6- 7'Ac ; Commercial 6-14 %■' *75C 1 6-15 : : 6-14 Castle I (quar.)_ C.) 6-28 75C __ pfd. Telephone & Telegraph Carpenter Steel (quar.) ; 6"17 6 17 b 29 common Products 5-15 6.29 Ltd, 4% (quar.)— Records, Cascades Bond ' 6-14 * (quar.) (quar.)_ _2 Ltd. Carolina 6-14 45C Co, 6- (monthly) common Quarterly £ $25c 22222 6-20 Columbian National Life Insurance (Boston)— Co., Ltd.— Carey Baxter & Kennedy (quar.) Carey (Philip) Mfg.- (quar.) 6_14 1 30c (quar.)_____£_____L Blue Ridge Insurance Co. (Shelby N. C) Quarterly I Bohn 1 7- I__ (quar.)__ preference Bohack 7. Mills, B Carborundum 6-3 $1.06'/4 Tobacco- 6% Boeing 612 6-14 6-13 30c (quar.) Commercial £__ Cos. Capitol 6-14 6-24 fi-i? , * Oil B $20c Z222 ; (quar.) Capital $2.60 35c _ preferred Blaw-Knox ifi t25c preferred 4.25/« 6 $1 183A Black Sivalls & Bryson, common (quar.) 4%% preferred (quar.)___ Blackstone Valley Gas & Electric- A Class 7-15 6-14 2 6-29 (quar.) Gas Columbian Carbon Co. 6-28 7- Class 6-28 £a t$2 Interstate $25c : Machine 8% preferred (quar.) Canadian Westinghouse Ltd. oa (quar.) 7-15 7-15 6-12 87'/2C preferred B (quar.) Semi-annually Securities— A b Cannon 35c tlOc $15c Stone Columbia Title Insurance Co. B (quar.) ^ redeemable preference 7- . & 5-31 $15c preferred 50c c 5-31 Canadian 5% Df,cke/ Manufacturing (quar.)_____ a- 7 5% 1 6-30 Locomotive 1 7— $433Ac 222222222 6-14 53 Vac 5% preierred (quar.) Columbia Broadcasting System— Class A (quar.) 5-31 (quar.) & ; 5-31 6-30 Ingersoll-Rand Co., Ltd. 6-13 15c 6-30 $25c class Class 6- ___ $15c Canadian 7-15 50c (quar.) Celanese, Ltd, common (quar.) preferred (quar.) General Sand Colorado 5-31 2 L ' 5-31 2 A (stock dividend) (Eight shrs. pfd. stock ($1 par) for each sh. held)- $1.75 (quar.) 2 7- class Canadian a 2- $37'Ac (quar.) 7- Ltd., 6-14 7- Quarterly 5'A% 7- A Ltd, 6-15 Extra Bliss 3-3-58 5-31 $183Ac Canadian Ice 5-22 11- 5-31 6-15 $31'Ac Canners, preferred class 7 20c & Cement, com. (quar.) (quar.)______________^ 7% oi ° ~ 2 6-15 $20c 2221. series jsoc Bessemer Limestone ; 6-10 12. 15C Bell Telephone Co. of Canada (quar.) Bergstrom Paper, class A (quar.)____ 71 6- $$1 (quar.) of Rec. 1 America— 4'A% Colorado Fuel & Iron Corp, common 5% preferred A (quar.)- 6-1 (quar.) B Class 6-14 - 2/" 15c _ Corp., A Canadian 5_31 1 6-28- 40c com. _ •, 4% preferred Bethlehem Steel Class 7-2 of Co. (monthly) preferred (quar.) Ltd.— Co., Holdera 7- 25C Insurance Common 3 $31'/4C Cable Drawn Steel Co.; common preferred (quar.) ^ ; Canadian General Electric Co., Ltd. ' 7- 50C 15 — Common S3Ct 6_15 t25c Common Common Bibb - (s-a) & 60c 5.7n iquar.) Wire Canadian 5-15 ________ Belknap Hardware & Manufacturing, in r-iq Belding Aircraft. preferred Canadian 6-10 £3% (quar.) Canadian Breweries, Ltd., common $1.25 conv. pref. (quar.) Rio $1.183/4 6-14 6-15 t50c 2 Life 6- $1.75 6 (quar.) 7- 11 2 $1 2 $$1.15 Colonial 7- Canadian 2 5-31 $$1.10 591 7_ 6-15 Colonial 5.31 7-2 $37'Ac Colorado Central Power, 6-13 7. 7-28 When Payable $7.40 _j; Co, 4'A% preferred (quar.) Colgate-Palmolive Co, $3.50 pld. (quar.) Colonial Finance Co. (quar.) : 5-15 6_10 J35c 7-26 6-14 Class 6-15 +25C _ Coleman 8-15 8-15 5-15 i. 14 ±25c •_ International 2 i0c <quar.)_ Coca-Cola 6-15 35c Beck Bell « 6-11 $loc V $1 7- 5% fi-14 1 2 Permanent Canada 6-17 1 7. 25c __ (quar.)____:_ A $1.40 7-1 7- $1 7- (quar.) $90c 4 25c £ (quar.) Co. $29'/4C 5-29 Optical, Per Share Coca-Cola (quar.) common £. •*•<>> -ir 14 22 6-17 Lomb Co. i••••«.•» * 6-11 Mortgage Corp. (quar.)" Canada Safeway, Ltd.,' 4.40% pfd. (quar.) Canada Steamship Lines, Ltd.— 5-24 6-12 Assurance \ * Name of Company 2 $10c preferred Canada 6-10 6-14 6-10 6-30 Bayuk Cigars (quar.) Beauty 7-1 30C of Rec. 7- $62'Ac 2* (quar.) Malting Co. Ltd., 4'A% 6-10 $1.06 B Holders 13 ... ■ . tlOc (quar.) Life Canada 6_10/ 1 15c preferred Beau 1 x 7- common (quar.)—25c > preference & 7- * Common Canada 7 12'Ac Barden 4% 6- preference When Payable . Share . Co., Ltd., common— Canada Foundries & Forgings, Ltd. ' Cldss A (quar.)—, o 7. Barcalo Bausch g $1 preferred Ba,rHe£. ®ros 4»A% a 7-20 . nf 2S" $1.75 (quar.)£_ Building & Equipment Corp., new com. (initial quar.)_ Manufacturing Co._" £_____£_ Bank ' Bread Canada Foils, Ltd., 60c partic. class A (quar.) 2fi 5 6-28 ' ' (quar.) Name of Company Canada 5% 9.}t 7 J 40c (quar.) preferred 9-30 6_14 $1 " (quar.) preferred R Z Bangor & Aroostook RR. (quar.) Bangor Hydro-Electric, common (quar.) l4/o q_16 Per * 5-16 ' $1 <quar.)_„_ Corp. 6-14 - l-15-aa 50c ^ 10-15 ' (quar.) preferred (quar.) Eancohio $1.50 50c ; RR,;common (quar.) Common 4% (quar.£ (quar.)._; Ohio & When Holders Payable of Rec. * 6-10 6- 1 25c 6-28 6-14 45c 6-11 5-20 • Commercial and Financial Chronicle... Monday; June 3,' 19f7 The (2566) 14 * Per Diana Stores Corp. 01* 5-24 Cup Co., ,• '* Dominion (quar.)— Ltd. Stores, Beneficial « Ltd. Dome Mines, $1.56 pld. Common $1 6 -U 6-28 Florida Power 6--K fa-i* Florida Public 0-26 o-i% 4:,4% o $*5c 15c f 6-12 25c (quar.)— fa-15 —- Food b-ii (quar.) Chemical Co. Industries 30c 45c Driver-Harris Co. 7-la 6-17 6-10 5-24 Z\£ 12i^c — 6-10 50c (quar.) (E. I.) De Nemours Co.—Common (interim) $1-5° —67VaC $l'.12,/a (quar.) (quar.) (quar.) "'J* 6-10 25c 6-10 7-10 7-1 7-1 7-1 Dunlop Rubber— Amer. deposit, receipts—ordjnary (flnalt__ IJuquesne Light Co., common (quar.)— . . 4.20% Duriron Co. (quar.1 Potash (quar.) Dynamics Corp. of America— $1 convertible Eagle-Plcher Co. (quar.) Oil Eason Co. Quarterly Kootenay 7% ut 3 5.20% Natural Eastern Canada Eastern Corp. Eastern Gas Stock 4Va% (quar.) preferred 6% Kodak Co., preferred 5% 50c 6-21 7- 1 7- 1 Investment Baler Ecuadorian $1.50 > Ltd. $4.12 preferred preferred | $4.72 El as (quar.) $1.25 Paso Natural Gas, Electrol, Inc. Electrolux 5- 6 $5 $1.20 1 Portland Common 1 5-24 7-1 5-24 7- 1 5-24 7- 1 6-14 35c Fairbanks see 7- 6% Falconbrldge 6- 6 6- 6 6-28 6- 7 6-10 50c 6-28 $2.50 General ,/ y6-10 6-14 5-15 15c 6-20 5-29 35c 6-15 5-24 General 7- 6-20 4.40% $1.65 1 20c 6-17 6- 6- $1.40 1 Generul 7% pfd. (s-a) Products, Ltd.— 8-15 7-15 6-14 4.75% 10-1 9-21 preferred 5% 6-15 6-10 ^ 5-31 $1.25 1 $1.25 quar.) 9- 12- 1 8-9 11- Gerber Products York Si. 5-31 Giant 0-15 5.31 Gillette 6-15 5-31 6-25 6-10 Glen-Gery Shale Brick, common (quar.) Glenmore Distillers, class A (quar.) 60c preferred (quar.) Ltd Mines, Canadian, $1.50 8- 1 Glens Falls 7-19 Glidden (quar.) [ Corp., Co. Insurance Portland Co. Globe-Union, Inc. (quar.) Goebel Brewing Co., common (resumed) convertible preferred (quar.) $4.50 convertible preferred (quar.) Gold Seal Dairy Products Corp., class A Class B (quar.) Gold 6c Stock Telegraph (quar.) Traders & N. Life Y.) Glass Co. Life 6c Federal Pacific Federal Paper (quar.) Board, Fire Fiduciary Trust Co. Oil Co. Fifth Avenue Corp. Co. A B (Mich.) Bearings, Works Fidelity-Phenix Y.) Lines Goodrich 6-10 5-20 Goodyear Tire 6-10 5-31 Gordon 6-10 5-31 3 5- 5-24 Grace 6-14 5-31 6-15 5-29 6-15 5-31 6-14 5-31 Granite Grant 30c 0 6-20 6- 6.18 5.24 50c 6-28 6-18 45c 6_13 5.20 7i/2C , 7 (quar.) & Rubber Co. | ______ (quar.): Co. (quar.) R.) & Co. (quar.) (quar.) 40c 6_15 6_ ^c 6-15 6-5 5 6-15 6-10 Ltd., class A (quar.) (quar.) (quar.) City Steel (quar.) A $25c $25c Class A $25c (W. 33i% Great T.) Co., preferred American common Lakes 50c (quar. Co. (N. V.)— Paper, $1.20 class B Dock Ltd., pref. ,6-4 12-5 • » ' 5-31 6-21 6-14 5-31 6-28 t^e - A (quar.)^._- (s-a) Insurance Co. 5-31 5-21 7-1 5-21 6-10 5-31 8-15 6-14 •7- 1 9-10 » 12Vic ______ (Okla.) 6-28 7- 1 5% 40c — (Calif.) Ins. class Ltd., (s-a) - 45c ' 17c 6-28 6-21 6-27 25c Telephone & Telegraph (Va.> (s-a>— Guaranty Co. (Brooklyn, N. Y.)— Homestake- 6-15 5-17 !____ 30c 6-10 5-17 $40c $30c (>-28 6-28 6-1% 6-14 - (quar.)___ Mining class Co., Class B 4Vi% $4.25 pfd. (quar.) Hoskins Mfg. 3%% »— ]— (quar.) preferred A common Class B common Howe Sound Hubinger Co. (quar.) * (quar.) Extra Class Factors, o-cy 7-15 7-15 6-29 6-29 2 fa-10 5-17 50c 50c 10c *0c 7-15 7- 5 7-15 6-10 6-10 6-10 8- 1 7- 5 6- 3 5-31 5-31 7-15 5c Class - 12Vfcc class A (quar.) $0.006V4 B (quar.) Hudson Bay Mining & Smelting Ltd. (quar.) Hughes-Owens Co. Ltd., class A (quar.) 8-1 6-10 7-15 7-15 7-15 6-15 6-21 6-10 $$1.25 $20c B preferred 6.40% Production Hugoton Oil Humble Increased & $40c 60c (quar.) (quar.) 100% (stock div.) Refining 70c quarterly — preferred A (quar.) 62V2C Hupp Corp., 5% 6c Huron 7-15 : Hubshman Erie Mortgage Husky Oil Co., 6% 5-17 6-20 7-15 5-31 5-21 5-31 40c (quar.) (quar.) Company 6-21 6- 3 5-21 6- 3 5-17 30c —- preferred (quar.)— 4.40% preferred (quar.) Houston Lighting & Power (increased quar.) Houston Terminal Warehouse & Cold Storage 4% Class 6-12 6-1* 6-28 8- 1 7- 2 6- 6 6-15 ; ?3%c $1 Corp., common (quar,)__ Household Finance u class A (quar.)__ Co.__ (quar.) Slioppes ; 6-12 ; 6-10 "6-'_8 $1.12Vi — — - "5c $12Vic 35c 15c — Horder's, Inc. (quar.) Horner (Frank W.), Ltd., Hot (quar.)__ (quar.) A 7(quar.)__. preferred 40c 50c $1,12Vi 30c 30c ' — (quar.) Corp. Hooker Electrochemical, Hoover • 6-30 7-15 5-10 6-15 6-15 6-15 5-31 5-21 o-21 fa-14 6-14 6-15 $40c 7- 2 $1.50 7- 1 $1.25 $1.25 $1 25 ?25c iquai 1st preferred (quar.) 6-29 9-30 6-18 9-18 12-30 8- 1 12-18 7-1 fa-10 Huttig Sash & Door, 5% preferred preferred 5% preferred 5% (quar.) (quar.) — * (quar.) Hydro-Electric Securities Corp., pfd. B 1 I-T-E *'• (quar.)__ (quar.) common (quar.) 7-1 1 20c : Oil HonolulW Oil 6- 3 I 6-lb 9-16 12-16 6-15 7-1 9334% (quar.)___ Indemnity Quarterly Great 75c > — .- Semi-annual— 6- 1 5-30 5-25 8-24 11-28 6-24 6-4 60c ; ' 10c & Marine Fire Home • ; 6- 6 6-18 6- 5 9- 5 Ltd.— Mines, »'— dividend Home 5-31 COc Class , Great Lakes Dredge 6c America—■ 6-15 $1.50 55c (quar.) Gorham MIg. (W. $12Vic 7- 1 7- 1 6-18 6-18 7- 1 6-29 6-15 6-15 $10c $lc Grafton 6c Co., 50c (quar.) 6-14 37i/2C (quar.) Co. Mackay Stores, Ltd., class A 6-10 6-12 $1.12V'a Class B 28%c (quar.) Co. (quar.) (quar.)_. F.) (B. 15c (quar.) of p.15 60c (quar.) (quar.)__ Coach 1 20c pfd. (quar.) Insurance (N. (quar.) Inc. (quar.) 4.60% 6- 7. $3 (quar.)_ Casualty 6-21 Co. (quar.) Electric 5-23 6-15 20c Insurance 6-13 6-29 Gold — 5-27 $ 6c Home 6-3 6-14 6- 1 5-31 5-31 5-22 6-10 6-10 6-4 6- 4 6-14 6- 7 5-15 5-31 50c 5-15 5-15 37V2c (quar.) 6-11 6-14 6-14 7- 1 6-15 7- 1 6-10 20c 50c (quar.)— Electronics Home State Life 6-13 5-1 5-23 25c (quar.)_ 6- 3 : ■ 6-13 6-28 6-15 9-15 12-16 6-25 7-10 7- 1 45c $45c 50c 25c Holly Stores, Inc.. 5-24 5c (quar.) (quar.) c-15 40c Ltd. 7 7- 1 6-5 15c Y.) (quar.) 25c Shops, 6- 30c IN. Cement 6-15 GOc 20c 10c 12vaC 60c- ' 45c Extra 6-14 6-14 6-14 5-24 12Vic Lumber Co. (Edward) Consolidated Quarterly 6-21 1 1 1 1 6- 7 12VaC J50c Ltd.— 7777- 50c . " 45c Holllnger 6 $12 Vic Falls 20c Candy Federal-Mogul-Bower Class 5-23 Co. (quar.) Glens Extra Class 6-14 B Cement (quar.) Co. / -v 6-15 Portland 6- $1.25 $1.15 $1.23 $1.25 (quar.) 10c (quar.) (quar.) Federal Insurance Co. Finance ._ Extra 8 6-27 20c (quar.) preferred (quar.) preferred (quar.) ___* 137 Vic (Syracuse, Filtrol pfd. $4.92 $5 2% 40c preferred (quar.) 10c Metallurgical (quar.) Farmers Fifteen . jjOc Fansteel 256 53V»c ' . Dauch Paper (Canada) Ltd. (quar.) Hoffman 6-15 6- 3 6-3 6-3 6-3 6- 6 59%c (quar.) 5-15 7-15 5-24 7-25 6-17 Home Title 7- 1 6-30 7-1 7-1 7-1 6-27 45c 6-19 6- 3 . - Hlnes "V C''sv 50c 55c 30c of New 35c (quar.) Common Hinde & 6-15 7- 1 7- 1 7- 1 6-15 2Vi% 5c — common convertible preferred (quar.) Hibbard Spencer Bartlett & Co. (quar.) Hilo Electric Light Co., common 7- 1^ 6-15 7- 1\. : 6-15 , I—i : Products, - 7- 2 $$1.50 12Vic . t 5% : 31J4C ! Georgia Power Co., $4.60 6-30 87Vic Galion Hiawatha Oil & Gas Co.— 6-11 . 6-15 6- 1 6-14 7- 2 5-23 5-23 5-23 5-23 5-23 5-29 5-31 5-20 6-14 6- 1 5-15 5-31 :6-14 6-14 6-19 30c 6- 1 I 35c 8-1 60c — 6-14 53VeC B-15 25c 7- 2 Hewitt-Robins, Inc. (quar.)_______—50c 6-15 Heywood-Wftkefield Co., common (quar.)— 50c 6-10 6-14 6-7 ,.G2Vac .. (quar.) dividend Stock (quar.) Stock dividend 7-1 7- 1 _0c preferred (quar.) ____— 7% preferred (quar.) ^— — Hershey Chocolate Corp., common (quar.)___ 4V4% preferred series A (quar.i.—_______ Hertz Corp. (quar.) __________ 5-31 5-31 5-31 6-11 6-28 7-1 25c •. Corp. 5-23 6% 7 25c — Georgia-Pacific Corp., common Stock 6-20 50c \<,'0 Nickel Players Farmer Federal — (quar.) preferred (quar.)' preferred -(quar.) 5-31 $3.50' Castings 4.25% 7-15 8-15 30c (quar.)_ $2.10 3 40c Quarterly Federal (quar.) !i__— 40c $1.1834 25c . $1.25 ioc Extra Famous Fanny Signal ; 6-12 6-12 6-12 6-12 6-12 6-12 6- 6 6-14 6-20 12Vic 123/4C l23/«c 13V$c 50c 35c 12Vic 9lVic Common 6-15 6-15 V 6-15 7- i 60c _„,_i pfd. (quar.) Telephone Co, of Indiana— . • '■•••■ preferred (quar.)J Telephone Co. of Ohio— preferred (quar.) ; preferred (quar.) Telephone Co. of Pennsylvania— preferred (quar. >J Telephone Corp., common (quar.)__r General 1 6-20 ' 6-16 6-29 - : preferred (quar.)___—__—___________ Hercules - General Telephone of Calif., 5% The Fair. Co., 45c v Steel 25c (quar.)_ Bearing Co. Fair (The) (quar.) (quar.) (quar.) Railway Class Fafnlr Cement Extra (quar.) Excelsior Insurance Co. 93'J/4C $1.25 60c ;_ convertible-preferred (quar.) $4.75 preferred (quar.)_'___ General ) (initial : $1.60 • General • 6-10 8-1 8- 1 6-10 25c 12c conv. 6% 5-31 5-16 7-8 7-8 5-20 6-10 General Precision Equipment Corp.— (1:30c preferred (quar.) Outdoor Advertising General $1.35 (quar.) com. 50c (quar.) 5-31 6-20 7- 32Vic 6- 6-14 (quar.) common preferred General 6-28 12'/2C (quar.) 5-24 $1.18 . new preferred 7- 1 7c 1 7- 25c 50c common Printing • (quar.) Hercules Cement 5-31 5-15 6- 3 6- 7 5-23 ' 6-14 6-14 pfd. A (quar.)— 12Vic Heilman (G.) Brewing (quar.)———25c Hendershot Paper Products, Ltd., common.— $10c 6- 6 I (quar.)__ Sugar.— - Co.(Hawaii)— 50c 5-28 5-13 • 6-15 35c 7 $1.25 ; (Boston) 6-15 6-12 $1.06Vi ' . preferred, (quur.) Corp., 5-31 . 6-15 (s-a) preferred Foods 5% 5% Erie Resistor Corp., Stock dividend Fireproofing Co $3.75 Erie & Pittsburgh RR. Gtd. stock (quar.) Erie RR. Co., $5 preferred (quar.) $5 General 5- 6 : Wood (quar.) General 6- 6-14 6-14 5- « 6-7 6-7 6- 7 6-7 6-14 6-28 6-14 60c 6-14 50c^ V 6- 5 (quar.) Corp. 6-15 (quar.) (quar.) & (quar.) Oil General Motors (quar.) Empire District Electric, Emporium-Capewell Co., A Finance 5-24 dividend Flooring Crude 7-1 25c & : 6-15 6- 1 v. 7-1 7-1 6-15 7- 1 7-1 7- 1 7-1 $1.25 15c 6-14 V 61,12Va Consolidated Gas (quar.)____ Williamsport RR., 7% pld. (s-a)__ Emery Air Freight (s-a)—.;: Emhart Mfg. Co. (increased quar.) Class preferred General General , (quar.) 6-10 7- 40c Ellzabethtown Erie 6% 6- 3 6- 5 6-5 - (quar.) ($20 par) Trust Elmira & Stock preferred 6c payment. (extra) preferred 5% Co. 5-24 6-11 48:ViC 5c % 25c 20c (quar.) preferred A (quar.) (quar.) preferred B 5.10% preferred C (quar.)_ ; ;— 5Vi% preferred D (quar.) 5.30% preferred E (quar.)_. — Haytian American Sugar Co. (quar.)___—— Hazeltlne Corp. (quar.) Hecla Mining Co. (quar.) Heinz (H. J.) Co., 3.65% preferred (quar.) Helene Curtis Industries, class A tquar.)— 7 20c Co. Inc., common General Contract Corp., common (quar.)—- pfd. 5% 25c (quar.) 7- 1 2oc 4.80% 50c $1 35c 20c Cigar 5% ,. Common 2c Manifold (increased quar.) Battery (quar.)___ Corp. v Investors $1.03 Elgin National Watch Co. General (quar.)__ (quar.) common General (initial)— common Electric Auto-Lite Co. 1st preferred 4% preferred $8 (reduced) Co. General Cable Corp., General Electric Bond 6c Share Electric Storage 7- 3 6-17 6- 1 6-14 (quar.) com. (quar.) u 6- 7-26 7- 1 6-31 (quar.)— $5.40 preferred (initial quar.)__ The $5.40 pfd.' issue shown above was incorrectly reported in these coluiuns week 6-29 Texas 6-14 preferred last Co., of (quar.)_ 6-15 (quar.) $4.50 Baking Box Co. Ltd. 6-28 •: 20c __ new General Oil $1 125c 7'ic (quar.) Electric Co., Bakeries, 25c 10c $25c (quar.)„__ Corp, preferred Paso 15c $7VaC $2 Acceptance Corp., common (quar.) Agricultural, Ltd. Hawaiian 5-31 5-31 5-31 6- 1 6-14 6-14 3.90% Light, . 6- 7 $15c (quar.)—]——__—• Co. - 6-10 6-10 6-29 ? ; 6- 7 7-20 > 7- 5 7- 1 10c r...' — Ltd Carpets, $1.12V'2 $35c class A stock)— 5-31 5-315-24 7- 1 $1.12Vi v-4% $1.50 (quar.-)-— Commercial $$1.25 $$1.38 American Corp. Telephone (quar.i $1.06V« 6-20 5-24 6-15 2 5-10 8- 5 ' • 6-14 6% Hawaiian ; $1 .___.___i.___ Stock dlv.,(payable in preferred (quar.) 5-10 .>6-14 37Vic (quar.) Harbor Plywood v 6-*3 .8-15 6-28 6-10 35c " (quar.)^ preferred 6- 3 ; 35c I (quar.)__ common preferred 4.50% • Paper, Hawaiian 34c preferred (quar.) preferred (quar.)"_ General t . 4% 6-14 6-3 5-15 28V»c 50c (quar.) 6-12 6-12 6-7 *. 60c $3c $$1.25 25c (quar.) ; Co., common (quar.)— convertible preferred (quar.) 6-30 6-24 6-10 7- 1 7- 1 7- 1 6-15 7-1 7- 1 (quar.)_ Co. 5-1 7- 1 7- 1 6-24 ' Watch Hamrnermlll 1 5-20 5-20. / 6-3 $22Vic Organ Hamilton '• Mfg. Corp. (increased)—' General Industries Co., common (quar,) J # Hammond 6-15 123c $20c — (quar.)_ (quar.) common 6-15 ' * 30c preferred (quar.)___ Hamilton Mfg. Co. (quar.) Hastings > 5-20 5-20 $1.10 $1:11 5% 6-14 40c (quar.) com. 6-15 6-15 Ltd. = Electric 6- 3 6-30 7-1 6-15 • Cementing Co. Cotton, Ltd., 5-3 40c - (quar.) Hartford 137VaC * (quar.) $1 class A (quar.) Edison Bros. Stores, common 4V«% : A 5-20 $1.05 (quar.) common ; $1.16 <quar.>_„ < Ltd., , 8-19 (quar.)-__ 5- 9 r 5-24 11-25 pfd. (quar.) Chemical }25c Trust, (quar.) Eddy paper Co., Ltd., common El prelerred Service 6-14 7- 2 60c ; pref. .A- '.(quar.)—*——..—*——— Papeh Corp __ Economy conv. Corp. 6-14 9-16 _ Co., General 9-16 . &c General 7- 1 10- 1 (quar.) (quar.)— (Julius) ■ common Harshaw 45c 5-20 5-31 $1.25 12-16 62Vic .6-7 : Hallnor Mines. Ltd 11- 1 . 4 9- 9 (quar.) 6-14 . (quar.) General American Investors Co., com. (quar.) $4.50 preferred (quar.) 10- 1 (quar.) 7- 1 50c $1.25 $1.25 (quar.)_____^^. preferred Hamilton V 6-14 9-13 $1.50 4.44% Class 5-29 7- 1 10- 1 $4.40 preferred ,;i. (quar.) Gatineau Power Co., common 25c 25c 37Vic — pfd. $2 6-17 56F4C 56V4C 1_! (quar.) 4!2% 7Vic _ common $1.50 .' tquar.) Garrett Gas 7- 1 1st Economic Garfinckel 7Vic . 6-15 Utilities, preferred- Halliburton OH Well Co.— E.) States Harding $1.12,/3 (quar.) Associates, Sugar 5c (s-at_: 5-31 5-31 5-29 7-15 6-10 6-10 15c (quar.)_ Quarterly 5-15- 6- 6-14 7-19 6-10 6-20 6-17 8- 1 • - 12^c 12Vic (quar.) common Insurance ;:\v 4V*% preferred fquar.)__ preferred conv. Ilahn Brass, 8- i • 6- 7- 1 8- 1 6-29 6-13 12Vic (quar.) common v 5r31 • 10c . Gannett Co., Inc., class B conv. pfd. (qirar.) Gardner-Denver Co., common (quar.)_ — 40c (quar.) Easy Washing Machine Co., Ltd.— Eaton 4v2r/c (quar.) 1:20c 30c ^ —; (quar.) (R. preferred prelerred 4*2% 6-15 6-15 6-15 6-20 5-15 6-17 6-17 6- 7 6-14 2% $1 preferred (quar.) Eastern Stainless Steel Eastman Funsten 6-15 7- 2 6- 3 6-28 6-28 7- I dividend Common Eastern 7- 1 6-10 6-10 1 6-14 20c (quar.) Gypsum, Lime & Alabaatine of Canada, 6- 3 6-14 8-15 11-15 v 11- 75c (quar.)____ Products : : Inc.— Loom, A 4.20% ; 6-15 25c 1 General 7- 1 (quar.) common the non-cumulative $3 10- 4 15c 25c Asso., Co. "(quar.)____'" Macnine Corp. Life Gulf 6-28 -C-.'A 8c (quar.) Realty (quar.)_________ (L.) , 6-17 6-14 6-10 $2 50c ;i_ i$5 preferred (quar.v Gulf Oil Corp. (quar.).; 6-1 6- 7 - 7-19 $2oc * : a _1 Refining (quar.j__ of Fruit 5-17 7- 3 32VaC i preferred (quar.)—— Racing Assn., Inc., common Eastern $1 Fuel / ^7- 1 6-14 6-15 25e 10c tquar.)—_ Quarterly 6- 3 (quar.) & Ltu. Funds— . 6-15 25c 5V'2% (quar.) Savings & Loan 6- 5 6- 4 5-10 5-15 5-15 6-14 40c 5% (quar.)__ Gas, com. (quar.)— 6-12 6-15 10c Frontier (entire issued called on per share plus this preferred Eastern Air Lines 6-15 6-14 60c JS1.25 $$1.25 7- 1 7- 2 7- 2 30c Gulf, Mobile 6c Ohio RR., common (quar.) $5 preferred (quar.) $5 preferred (quar.) 5-31 5-31 Frledman 6-14 $1.75 East Tennessee 6-26 6-14 30c 20c (quar.) (quar.) (quar.)__ Gulf Power Co., 4.64% shares. Calculating Frlden $105 dividend) GOc Gulf 8IV4C 1—____; - 30c tquar.) 15c 37tic Gulf Interstate Gas, 7-1 Foster-Wheeler Corp. Power Co. Ltd.— preferred 1st June class A (Canada), Preferred stock 6-10 6-10 7-15 10-15 Co. Custodian Franklin 6-24 6-30 55c 12Vac 12Vac ___ (quar.)--. E'ast < Foundation * 50c (s-a) preierence Ltd., Canada (quar.)——— Inc. (quar.) Dairies Financial preferred conv. Class ; 8-26 Fort Worth 6- 5 6- 5 25c 6-10 31 lie6-28 — __ Duval Sulphur & • 7-1 7- 1 7- 1 preferred (quar.)____. 51V«c preferred (quar.52 Vic 4.15% • 7-1 B 6-14 ■' 7-1 Guardian Consumer Finance Corp.— 3% v ? V-v ■ $1.75 Grinnell 5-1 6-7 7-12 6- 7. „ 6-28 1 1 6- : i$l Grocery Store 5-31 Wayne Corrugated Paper (quar.)__—— Steel Machinery (quar.) Fort _ • Motor of , 40c ■ Western 5% 7-1 — (quar.) 5-21 Griesedieck Co., common $1.05 (quar.)___l___.—__— 6- 6-17 (Winnipeg)—* — 6-14 ; 6-15 75c 7% preferred (quar.) Greeley Square Building (N. Y.) (liquidating) Greene Cananea Copper Co 6-20 50c 6-10 (quar.)__— Insurance (Houston)— Great 15c —. j Life 6-17 6-29 $1.10 (quar.) Southern 6- 1 6-29 25c 60c Quarterly 25c —,.v $31V4c (quar.) Quarterly 25c . prelerred A (s-a) (quar.)_________ — Co. Class 5-21 0-5 6-5 6-5 6- 5 6- 5 —- \ Co Foremost 5-31 7%fS». 50c $2.10 preferied (quar.)-" —. 52VaC 3.75% preferred tquar.) ——-—— 4C7«c 4% preferred (quar.)———— 50c 4.10% preferred (quar.) ___—51 Vic Class B A...- I6V-1C & Chemical Corp.— (quar.) _________________ convertible preferred (quar.)____ Mineral Ford <-10 <-10 6-20 5-31 — class Electric, 32c common-—-*—: <quar.)_—_ common 5% A 6-15 6-20 ' v Railway Co. Great West Life Assurance Co. Machinery Foote *>--7 <-25 <-25 6-10 35c 25c Bradstreet, Inc. & Duncan (quar.) common dividend Ford Motor Co. 5-29 — Dun 60c $1 45c (quar. Stores, Foote-Burt t — preferred $4.50 preferred $3j60 ; Light Co., 6c preferred (quar.) 3V'4% fa-14 fa-_J 40c — (quar.) Drilling & Exploration Cc.__ (quar.) Common -— du Pont . $4.20 (10c par) (quar.) Drewry's Ltd. U. S. A. <quar.)__ Utilities, Steel Fair J30c 62J/zC $1.25 $1.25 $1.25 ; (quar. Corp., common preferred Stock 5,-zb , (quar.)_—*—$1.18-14 6-25 7- 1 7-1 6-6 6-14 6-20 9-20 12-20 5-31 5-31 6-10 5-31 6-14 6-14 (quar.) Flying Tiger Line, 1 Food 5% pld. stock held)— shares oi Dresser r (stock dividend ) for each share Dow $4 preferred Florida Power Florida il2Alc (quar.) Dover Industries (Three u-iJ preferred Northern Great Western Sugar, common and class B com. preference lquar.)___ Towing Co Paper, common 6- 1 5-3i 6- 3 V^ : on common 7-1 7-30 Corp.'(quar.) Dover 5% Flintkote Co., 14 b-14- 9-20 preference (quar.)_— Donaldson Co. preferred preferred 5% Ltd.— Chemical Co., & 7-1 7-1 7- 1 10- 1 1-1-58 6-15 6-15 quar.) • dividend HOc (quar.)—--- 6-10 Porter— (initial v ■; - Lakes Great 6-30 20c \ Northern 4.40% 2% > Per „ . When Holder* Share Payable oi Ret. ... r < Corp., Ltd.— Great 15c (s-a) 1st Great 7-9 6-19 5-31 8-1 6-28 50c 50c 75c 15c <quar.)__ (quar.) Co. 39c WVaC 25c (quar.).— Dominguex Oil Fields (monthly)—— Dominion-Scottish Investment Ltd.. com Tar '« on 6-20 25c & 5% Power Great 7- 1 6-10 6-14 6-14 6-28 Stores (quar.) Governor Co. 25c shares Dodge Manufacturing, Dominion S_20 5-21 5-17 / Fittings, Ltd,, class A (s-a) Flagg-Utica, 5% prior preferred (quar.) Fleming Co., 5% preferred (quar.)__^____ „ 6-13 6-10 Bros, Stock J J 7-}^ * (quar.) Fund—Beneiiclal snares Cox Dodge & ^L12 — City) (quar.) taersey Corp. Carpet Fischer , _ (quar.)——— preferred 4V'2% " & 55c 40c Y.)— (N. , Name of Company Great Lakes 5-31 L:——75c Bank National Fisher 0 _u A fa-10 — Steel Ltd.— Dominion Foundries & Common 6-cj £>© - q-JIq Bank quar.) Security Firth Fisher (quar.) Co. ■ . City National First ■ plus this dividend __i Dixon (Joseph) Crucible (quar.) Dobbs Houses (stock, divedend) Dobeckmun (Increased First (quar.) common conv.'pfd. A (entire issue called for redemption on June 3 at $52 per snare 5% ; ; First preferred <quar.)__-——- 36c Dixie National First 6-15 Stock Bank First 3Vic Fund____________ of Philadelphia (quar.) Corp, (quar.)— Association Fire L14 oc Aluminum Corp., common_——**. Dixie J 1 6-14 ,«|c *30c (quar.) Ltd. Corp.-Seagrams, Distillers 6 (stock dividend)—-—Productions (quar.)— (Walt) Disney £-16 ^4 (quarj) Inc. ciub. Diners' Industrial Payable of Reo. Share of Comvany Name Financial Holder* When Per Holdert When P'»a™ » mm* o, Compaq Circuit 4.60% Illinois Breaker, preferred (s-a) * " tquar.) Cou (quar.) Illinois Central RR. Co. (quar.)— (Continued v —— 57H>c <-15 ^— $2 $1 6-28 7-1 Bell Telephone - on page 48) 6-28 fa- 5 Volume 185 Number 5643 - . The Commercial and Financial Chronicle . . (2567) % ?»>■? Stock Record New York Stock «» DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES Range for Previous < 37% Dec 6 Range Since Jan. 1 v Oct Lowest 45% Apr " % 98% Dec 14 11, Dec 4 55- ; Highest 6 109% Feb " 37% Feb 7 12 Jan 28 98 14% Jan 9 11% Jan 3 58 % Jan 2 14 Apr 10 13 % Apr 22 20 July 30 29% May 25 37% Dec 22". V 29% May 32% Jan 108 6 Jan 19 V 12% Dec 31 - - 4 22% Dec 38% Jail 24 Mar 132; Feb 1 12 10% Mar 5 20% Jan 28% May 1 46% Feb 13 52 Dec 10 <9 190 Dec 13 9 163 2% Dec 13 • 17 Dec 11 111 Dec 4% Feb 14 176% Feb 2 % Mar 23% Mar 22 117% Jan 19 23% Feb 77 16% Feb 110 88% Jan 23 10% May 7 Dec 31 6% Dec 31 241% Sep 241% Sep 14 6 72 13 Mar 15% Feb 114 5% Feb 11 5 160 May 4 64% Dec 17 30 117% Mar 27 102 Jan 11 13 Jan 25 5 21% Dec 18% Jan 28 11 21% Feb 18 30% Nov 29 Mills Mar 12 82 32 Mar 25 108 Mar 15 8 125 Mar 12 47 July 11 35 % Jan 133% Aug 10 80 Feb 18 Jan 36% May 119 11 30 9 Jan 100% May 13 47% May 31 39 Apr 3 27 Feb 4 > 30% Feb 21 Sep 27 31% Nov 19 26 Jan 2 <> 29% Jan 10 121% Mar 23 »4 ;79 Jan 9 26% Mar 16 Dec Sep 19 105% Sep 27 30 Oct 126 10- 95% Dec 7 27% Mar 36 8 108: 140% May 31 68 27% Apr 18 89 .Apr 17 113 Jan 2 31% Jan 7 37 Apr 25 9 7 26 95% Jan 29 28% Mar 25 24% Jan 9 2 11 41% Feb 12 104% Feb 12 Jan 50 11 124 62% Apr 19% Jan 16 2 3 99% Mar 28 31 23% Aug 47% Dec 118 Dec Sep 28 May 31 Mar 19 70% Jan 1 16 Feb jan May 28 16% Jan 23 99 12 60% Feb 27 >31% Oct 64 39% Oct 104% Feb < 19% Dec 3 1 4% Dec 31 40 38 Oct 1 32% May 21 20% Jan 11 7% Mar 12 49 % Apr 2 20 45% Jun 18 38% Jan 27 61% Nov 12 53% Dec 67 27 Nov Dec 3 27% May 15 81 Dec 18 Jan 38% May 23 48% Mar 11 5 37% Apr 13 61 20% Maj 4 19% Jan 7 4% Mar 4 39% Feb 18 Jan 9 28 27 53% Jan Jan 25 3 35 Dec 100 Feb 14 84 Jan 8 79% Dec 26 66% Feb 12 23 1; 33% May 22 of Limited 15 Mar 5 May 66 27 9 May 15 May 15 Amerada Petroleum 24% Jan 20 % May 6 % 2 42% Mar 30 7 60% May 2 59% May 21 31% Jan 17 3oi/„ „ 93% Feb 27 87% May 27 4%% 6% Amer Brake 4% Arma Shoe Co convertible Jan 25 84% Jan 31 11 Dec 96 Dec 142% Nov 143 31 95 Dec 4 Dec 5 Vo Inc 7% Can Chicle American Colortype 4%% 97% 94'/a 44% 45 44'/« *28%, 29 *28'A _l 26% 135 65 —100 24% Feb American 1 American American & 118% Feb 13 12 13% Apr 2 14 96 Jan 9 2 16 May 27 17% Jan 3 15% Jan 2 17 106% Feb 21 21 102 40% Dec 11 9 26 93 35% Feb 10 45% Nov 7 34% May 4 25% NOV 29 108 Mar 29 Mar 16 95 Jan 31% Feb Jan 16 21% Apr 25 5% Dec 31 55% Jan 28% Feb 70% Sep 17 6 33% Dec 3 33% Nov 21 40% Jan 9 43 54% Aug 9 24% Mar 20 Jun 8 16% Dec 5 150 Dec 19 Feb 13 6 Dec 14 8% Feb 27 28 Nov 21 36% Jan 6 Feb 21 56 177 105 46% Jan 23 142% Dec 42 12 Jan 25 26 59% Mar 20 174 10 Apr 120 Nov Feb 46% Mar 21 2 129% Mar 26 39% Jan 19 51 48 13 59% Jan July 24 Jan 4 21 14% Mar 26 5% Jan 7 58 25% Jan 27 16 Jan 64% Jan 33 American Ice 6Vo 10% Dec 165 Oct 68% Oct 119 Dec 16 10 16% Jan 187% Feb 1 16 1 84% Apr 30 26 145% Jan 27 9 9 1 34% Jan 10 81% Feb 11 94% Jan 4 50% Feb 19 5%% 31% Nov 23 51% Jan 4 7% May 22 Jan 2 155 % Jan 24 45% Jan 3 123 % Feb 15 47% Jan prior 56 29% 2 179% Mar 4 78% Jan 31 14 55 *55»/4 55'% 9,000 ♦29'% 100 29% *28% 291/4 100 34 ' *33 y2 34»A 200 *89% 92'% *33% 34 92 *89i/2 92 85% 87% x83% 84% 84% 43% 86'/4 42 'A 43 42% 86%43'% 85 43 43 *28 28% 28 28 43i% 7,300 28% 28% 28% 28'% 2,100 12 «/a 12«/4 1,100 *89 12% 12 21% 21% 34 *89% 12 92 12»% 121/4 32 21% 22 46 46 Va 46'% 46 % 46% 27% 28% 28% 28% x27% 16% 161/4 16% 16'% 16% 22% 28'4 16% STOCK EXCHANGE 38% 20% 38% 21 118 118 146% 147% *46 38 20% CLOSED 12,100 16'% 16% 10,000 39% 12,500 20% 20% 1,700 115% 112'% 112V2 148% 150 152 20% 147 400 28% 39'% 39 20% 146 900 46% 28% DAY 38% 21 118 22% *46% MEMORIAL 38% *113 25,900 *113 148% 200 1,200 13'% 13'% *96% 97'% ♦96% 97% *96% 97'% 15% 15% 16 *15% 16% 16% 1,400 16% 16% 16% 16% 16% 1,800 of 111 Co No par 100 102 102 39% *82 39% 83% 12% *100 391/8 *82 13 102 13'% ♦100 " 102 39% , 39 '/e L*82'% 831/2 *98 39% 83'%. 53% 54% 53 53 26% 26% 26'/4 26% 94 94 *92 13 94 •52 ~ / *92 - 39% 82'% -- 82'% - 30 8,400 10 1 53 26'% 101 39% . 4,500 52 94 52% 900 26'% 26% 26% 6,100 •92 94 10 15'% 15'% 1,800 13,500 25 59% 59% 58% 591% 58% .No par 32% 32% 31% 33 32% 7% Natural Gas Co__ Co News 7% 6% 100 Tobacco 87% Mar~19 72% Jan 9 Anaconda 85 Nov 67 81 2 Anaconda Anchor 9 20 15 156 y4 *156% 160 *156'% 160 *156y4 71/4 7'% 71/4 67/a 28% 28% 28% 28% 89 90% 88 88 84'% 88% 54 7'% 55% 142 % 42 142'% 42 55 *142% 55% 1431% 55'% 141 85 55% 42 42 123 *121 140'% 42 *121 123 6,700 15'% 23,000 159 30 7 4,800 28% 1,700 86 55% 142 42 3,700 53% , 41'% 430 57 23,700 140'% 170 41'% 700 *121% 123% 39% 40%, 39% 39% 39'A 39% 39% 39% X51% 52% 52% 52% 52% 5$% 52% 53'% 3,300 33% 31% 32'% 32 32 '/a 32'% 32'/4 2 "%) 33% 33'/a 34'% 32% 33'% 32'% 33 2,220 S>% 9'% 9% 9% 9% *9% 32 33% a <» 178% 179 178% 73 73 % 72% 123 123 % 122 »/4 179 731/4 123 03 00^ *121 123 10 3,700 1,_.0 1791/a 178% 179% 22,400 72 y8 73'% 72% 73'/a 6,200 122'% 122'% 122% 38% 10% 38'% 38'% 16,900 10% 10'% 4,000 123 450 38% 38% 37% 38'% com—5 10% 10'% 10% *10% 25 26% 26'% *26'% 10'% 26% *26'% 26% *26 25 24 24 *24 24% *24 24% •24 24% 40 15% 15% 15% 15% 15% 15% 15% 15% 2,900 1 27% 28% 271%, 28 27 27% 27% 28% 5,500 65»/a 66 73% 32,000 No par 73% 74 39% 39% 38% series—— 5%% series— Lead & Electronics Smelting—1 Corp Co Wire & Hocking Cable Glass preferred Clayton Anderson 40 Andes No par & Vt 267/s 100 64'% 63% 64% 64'% 65 Vb 74 74 74% 74'% 74'% 130 38% 38% 39 39% 39'% 1,300 *94, 96 *94 97 *94 97 Co 21.80 Corp—.10 46% 46% 46 '/a 46% 46% 39 37 38 37% 41% 14 *35% 37 *351/2 36% •94 471% 37% Oil Mining *63'% 38 Corp— 6.25 Anderson-Prichard Copper 15'% 50 6% 43% May 31 Mar 20 15 25 Corp Common $4 53% 15'A 100 25 Viscose Water Works Co Zinc 37'% y4 7'% _100 Co preferred Preferred 37 28% 5 common American Preferred 37% 5" % 29 25 American American 32% 37 53i% 1 Tobacco & Tel Tel 6% 4,900 32'% 36% 54 xl5 | 8,300 331/4 36 >/4 53'% 1 new American 7'/a 59% 7% preferred—100 Co American 6% 59% 36% 15% 1,400 59% 28% 25 common Foundries— preferred Amphenol 95 % May 156% Sugar Refining com new—25 7% 7 5 100 Snuff Co 6% 10 Razor noncumulative 29% May 17 40% May 17 15% preferred American 7 54% 35% x54 common—5 Ship Building Co—No par Amer Smelt & Refg com No par 25% May 23 57% Feb 19 31% Feb 12 No par American 18 6 1 — preferred American Safety 25 7 com preferred American Seating Co 18 footnotes 1,500 54 54% 151% 25% Jan For 57'% 41 *15i% 23% Apr 24 15% May 7 8 41% 38% x57'/8 15% May 28 25% Jan y» 38% 57% 6% 23 % Mar 13 35% Mar 19 41% 39 'A 57% 15% 27 May 17 48% F»>b 15,900 411/4 7% 12 9 200 2,500 15% 26 4 T 6% 17 VB Dec 13 6,200 . 5i% *38% 29% 21% 1 20 4H/4 54% 5 10 23% 39'A 57 *29'/a 12% 12.50 5% 15% American Sumatra 90% Apr 33% 57 1 Corp Apr 24 34% Apr 25 39% Jan 30% Feb 33% 41 y8 ♦38% *19% 5% 5 Motors 12 12 % 58 23% 19% 1 23% Nov Jan 41% 39 23% 1 American Amer 42% Dec 13 43% July 11 *38% 23% 27'% 24 10 1,800 24'% 10% Apr 27 % Feb 30% May 28 26% May 29 8,000 . 24'% 40 32% Jan II,400 48i% *26'% 12 107 23% 120 24% 21 3 48'/a 119 27i% 9% Jan Dec 23% 48% 119 24'% 307/b Feb 90 481/a 119 *26% 13 2 48% 119 27% Jan 42% Apr 47% 118 420 1 24'% 10% July 20 6 1,100 63 24% 29 31% Dec 29% 63 24 *26'% 40 May 29% 64 24% Steel 25 50 29'A *62%. .23% 500 1,500 * 27% Stores Feb 971/4 24% 3 7 y4 *26% 4 14 34% 97 37,800 ' 2 Jan Jan 23 34% 971/4 29'A * 20 Dec 63% Feb 34% 97'A 5J/2 10 Products Metal convertible 9 65 "34%. 96% 19% 29% preferred American American Jan 34% 96% 5% Metal Co Ltd common.Nopar American 19% Mar 34% *29 23% 19% preferred 100 & Fdry common__7 100 3 131% Feb 92 5% preferred 25 17 2,100 18% 92 *19% American Mach 53% May 31 2 : 68 18 y8 91% 5% 16% 45% Mar 12 13 67 y* 181/4 .,91% 18% 19% 16% American 2 Jan 66'% 18 91% Xl5% Investment American 6% Jan 72% Feb : 91 5% 1 3 27% May 121 32,300 19% American 31 153% Jan Jan 200 140% 12% Rad & Std Sany 9% May 13 170% Jan 2 26% 138% 16 Amer 32% May 31 28 *26% 139% 65 '% 97»/2 18% Jan 18 : 26% 137% 41% 16 Optical Co Potash & Chemical Apr 70 *261% 65% *12% Amer 28 18 ■ *96y2 American 37% Feb 651/2 23% 1 31 Dec 28y» No par 58% May 15 58 46% 28 preferred—100 37% May 17 140% May 31 41% May 31 120% Jan 4 45 y» 28i% 1 — Co common noncumulative 11 Apr 45i/2 1361/4 132 > 23% 56 Products 11 158 44% *281/4 26 23% —,£.10 Corp. Feb May 28 57,000 44% 300 29 26 23% 58 SS Co 46% Feb 15 14,800 62% American International Corp 5%% 8% Mar 21 33 % May 95 114 American Molasses Co May May 15 28% May 22 12,300 93% 231/4 No par & Electric Co American-Home 4%% 15 36'A 23% Secur—No par Amer 27 36 95% 12.50 Amer Machine & Metals Jan 12 European 28 Jan 22,200 36 64 Export Lines Inc..—40c Foreign Power—No par 99 % Feb 28 77 34% 36 23 y2 & American Gas 3.90% Jan 34% 95 *62% Corp , 56% May 30 3 Feb *76'%- 34% 36'/4 2 49 '% Tiling 11 18 5 83 6,400 95 29% 62% .—20 30 Apr 2 Apr 8% Jan 40 % May 14 45 114 29% Najjar 23% Feb 30 Mar 21 May 27 34% .25 94 13% Jan 28 12 78% Mar 26 41 8 I,400 44% 115 97% 120 % Co.— Hardware 10% Feb 18% 48 Corp Hawaiian 14% Jan , Enka American 95% Feb 29 Va 16,000 115 *29 1 Co American 9 65% -18%: 119 Cable 2 154% May 17 139'% 100 Co 18 17 July 77% Dec 97% Dec :■ 6 22% Dec 31 11 31 % Feb Feb 26% _No par — 17% Apr 23 39% May 22 23% Jan 34% 118 . *96% 10 48% Jan 135 '/a' lo 100 18 8 22% 29 y« • 77 95 prior preferred— 13 14 *21% 29% *76'A 36'/a American Crystal Sugar com..—10 Feb 11 3% 90% ■ 45 x34 -V 400 ; *3-/a 43% 79 33,600 14% 83'% 441/2 *114 i Chain 26% Apr 14% Feb Feb 3% 89y2 ♦22 . 61% 112 14% 22% 88 29 Vo 35% common preferred. American May 61% *109% 14% *3% 88% 't *761/4 —20 & Radio Co American 14 34 % Feb 61% 112 *13% 3% 88 77% common American 27"% Jan 20 ►109% 14% 36% preferred American Cable American 26 104 112 14 Broadcasting-Paramount Theatres Apr 17% Apr 102 28 19 7 14% Mar 21 13% Nov 29 15 Aug 7 143 *76% No par com 44% Mar 12 35% May 28 18% Oct 4 23,400 299 *135 116 % preferred 25 86 10,100 8% *205 143 43% Corp.— Encaustic 6 8% 299 60y2 50 Bosch Distilling 45 / "205 36% preferred American American* 7 73% DAY ►135 116% common.. American 14 *72 »/2 8% 62 10 preferred— conv American Bank Note 11 Dec 400 73% 291/s 34% 30 16% Apr 5 43% Aug 2 23% Dec 31 70 17% 20 91% <c4 30% Dec 18 Va 112'% 17% 29% 34% Jan 48 27,900 > 17% 22% *90% 15 3 MEMORIAL 200 3% 112'/a *21% American Bakeries Co com—-No par 29 % Apr 10 1,400 *72% - 8% *3% . 7,609 160 3% / 143 44% No par 43'/2 17% Jan 22% 2,000 ' 220 *152 . 17% 113 *109% American Airlines common L\ 1 3%% convertible preferred 100 4 May 14 44% Apr *217 299 44% 35 * 8y2 75 50 Corp 9 13% Nov 27 29% 5 58% *17% ►111 60% 88% .89% *21% 29% *135 62% 112 4,200 281% ; CLOSED 17% 1,100 . 11% *205 143 *108 "STOCK 3% 17% E EXCHANGE 165 200 \ 58i% .. 215% 3% 17% 8% V 215% 3,800 25% 174.. 29% 58 *152 8,000 ; 27% . 29% 17% 8% 299 U 29i/a 56% 113 *72% 75 No par Amer Agricultural Chemical 7 35% Jan 171/4 *17% 25% .11 27%- 27% ; j ' 26; ' *171 : y8 / 3% 113 17% 100 6% convertible preferred Amalgamated Sugar Co (The) 41% May 23 21 17% 114 3% 1 new.* 25 3 61 31/4 par America. 11% May Dec 17%, *112 3% 11 ;; 172 11 160 100 27% Mar 21 Jan 3% 25%. 172 , 27% *152 14% 20 *25 - 11 211% ' 160 *152 *3% No par Corp common__No 25% 172% 29% xl4% „18 19% Aug 1 25% 171% 1 12% Dec 28 8 218,000 \ 25% 5 American Cyanamid Co.— When issued 22% Juri 25% . * Amer 21% Dec 20 25% Amalgamated Leather Co Dec 24 91% Jan Aluminium 6 28 58 Inc 5 Co 6,600 X25% % -57% 2111/2 *205 preferred Aluminum 31% A 25 % 8% Allis-Chalmers Mfg common. 4.08% convertible preferred Alpha Portland Cement—* 4 15% 31% ft 56% __i Chemical & Dye_ 4Vo May 16 39 1 44% May 28 - Allied 15% 31% >291/4 *133 Industries .,15% 58% *72% Allied-Albany Paper Corp. :i 1,500 A 29% __100 : 6i»% 31% 217% No par 400 % 1,500 15% 57% *213 J 6i : "iB.r 27% preferred prior Stores 76 17 preferred A conv ; 6,300 14 15% 27% 27% __100 Allegheny Ludlum Steel Corp 1 Allegheny & West Ry 6% gtd—100 45 103 14 31% 11 17% common.*— x44% xl02% 61% Ttf 11%. 5 preferred Alleghany Corp $4 1 100 T m 14 ■ 31% 173 11% 2 —^ common Allied 3 14 Inc 4%% 47% May 13 Apr Mining— preferred.— Allied 14 Feb Gold Allied Kid Co 40% Feb 15 82 Juneau 100 ' €1 • 45 104 xl5% *29% .1 1951'series__100 Vicksburg Ry_ Allen 4 34 22 7 % 8 37% July 25 liec 26 common 61% 13% the Week '■) Shares tSt 26 % 25% 173 —1," Alco Products Inc common 23% May 13 30% Jan 8 27% Feb ! pfd conv 14% May 13 4% Jan 17 98% Jan 3 97% Jan 42% Dec 21 104% Nov 109 % Miy *25 : No par Aldens May 24 65% Apr 3 3% May 14 85% Mar 27 No par Co Alaska 8 56% Jan 29% Dec 26 77 12 129% Apr 9 25% Aug 15 36% Apr 23 1 l Corp. 4.50% 140 52% Jan 29 Corp_ 61% *102 Friday / May 31 , 31 % fe i 25% ' r 4414 ~ " 14 Sales fat Thursday May 30 16% 31% — 13% 62% 16 1 Air Reduction Inc 8% May 24 108% Mar 19 23 X61'% .10 5) — Aetna-Standard Engineering 5%% Dec Nov 44% 102% Admiral Corp 14 Jan 43% *101% Addressograph-Multigraph Corp__10 16 Jan 44% 102 % l'"' Co. (expire June Express Co Aeroquip May 29 13% 14 PRICES Wednesday May 28 44% Inc SALE Tuesday 102% 25 Stores Adams-Millis 18% May 13 77% Jan 14 Apr 26 30 Nov Steel -. May 27 l Rights Adams 7 19% Jan 6 12 115 12% Dec Acme Monday - 100 preferred™. ACF-Wrigley ~3% May"28 5 105 88 conv HIGn *- .5 Vending Corp ACF Industries Inc Alabama & 16 16% Dec 21 15 4% ABC .30% May 10 30% May 9 59 y8 May 2 218% May 6 Mar 14 Feb 155 ■ 8 14% Jan 14 LOW AND - Par >■ Abbott Laboratories common.... IB May 22 26% May 24 27% Jan 11 175 May 20 12 31 Nov 136 ■ .23% Feb July 17 22% Jan 3 Fe~b~9~ 36% 4 154 11% Apr 19 • 31% May 27 fs May 2.2 19~ Sep 23% Dec 28 EXCHANGE • 64% May 17 16% May 27 - . Highest 45% Apr 17 104% May 22 14% May 1 2 67% Jan 1 . FOR EVERY LISTED STOCK STOCKS NEW YORK STOCK - Year 1956 Lowest ; Exchange 36% *35% 97 46% . : 47'% 3,400 41'% 43% 57,300 *35% 36'% ' see page 26. 15 The Commercial and Financial 16 Chronicle... Monday, June 3, 1957 (2568) EXCHANGE STOCK RECORD NEW YORK STOCK 9 35% Jun 28 41% Apr 27% Jan 23 39% Apr 46% Feb 9 5 69% Dec 14 15% Feb 7 24 4% Dec 5 15% Jan Armour 4 Feb 18 Jan 17 92 6 18 13 * 14 28 4% Feb 12 6 Feb 17 33% Apr 29 16% Feb 12 19% May 6 4 30% Mar 29 27% Apr 9 31% May 31 16 29%. Feb Jan Mar 29 35; it, Pot, 28 31% Mar 15 20 Oct 9 55 Jan 3 oa 12 34 110% Jan 97 Jan 5 96% May 31 103 23 Aug 28 73 dall UO Vit Common 6 May 9% May 13 Nov 30 11% Aug 26% Dec 17 30j/4 Mar 13 Nov 28 43% Jan 27 9 39% Feb 8 35% Jan 5 47% Aug 14 41% Feb 12 83% Nov 29 99% Feb 20 84 % Jan 4 10 90 Feb 101 3 2 30 88% May 20 95 Jan 9 33% 4,900 56% 57% 14,300 14 13% 13% 13% 13% 13% 13% 6,900 27 Vs 27% 27 Vs 27% 27Vs 27% 5,600 89 88 88 28 *28 89% 88% 88 Va 88 26% 27 27 Va 28 *88 26% 32% 32 32 19 Vs 19% 19% 19% 30% 31 30% 33% 99% 75% 76 Va *74% 10 23% 23% 23% 23% 9% 9'% 0-,4 29% 29% 29% preferred 11 iNo par 44 % 44% 56% May 20 Atlantic Refining common—— 10 53% 88 94 Jan - RR Line preferred—.——100 Corp common —1 preferred 20 $3.75 series B 25 Atlas 11% Jan 24 <: 4 18 Jan 24 16% 16% 78 Jan 14 —20 69'A 70 27 13 % Mar 28 Austin common——No par 11 % 11% 9 14 1 18'A Mar 22 prior pref ($1.20)—No par Automatic Canteen Co of Amer—5 *17% 18 *17% 36% 37 36% 7 ¥ 6% 6% 47 46% 46% 17% Feb 22% Jun May 15 Jan 8 38 2 30% Jan 34% Oct 29 8 Feb 17 27 7 26 7% Feb 24 5% Jan 2 26 49% Feb 24 43 % Jan 3 3% Feb 9 5% Jan 4 39 % Mar 13 46% Jan 11 4% Dec 7V4 July 12 17 48% Dec 12 Jan 2 95 41% Feb 11 Apr 19 Dec 21 105 41% Feb 13 53 58% Dec 28 68% Jan 27 58% Mar 13 67% Oct 24 44 85 12% Oct 31 39 Apr 9 Sep 12 12% Jan Jun 12 39 16% Aug 21 22 13% Jan 29 Feb 21 44 Jan 8 54% Feb 11 71% May 22 19 % Jan May 28 43 86 67% Nov 26 6 Jan 57 % Jan 5 13 16 16 17 6 Jan 23 134% 94 Nov 27 106% Jan 94% Jan 20 136 Apr 20% Jan 16% May 16 % 4 % 5 17% Sep 13 37% Jan 9 23 43 % Dec 28 35% Feb 12 42 Jan 2 Beckman 25Ve Jan 31 91 % Aug 8 80% Feb 13 86 May 3 Beck Dec 80 22% Feb 12 17 47% Jan 4 39% Apr Apr 22 32% Dec 26 27 % Feb 9 12 42 6 33 Apr 19% Jun 39 Sep Dec 29 8 26% Aug 31 Nov 28 14 Feb 6 10% Mar 20 Jun 8 27 Jan 3 19% May 27 28% Feb 14 85 48% Jun Jan 24% Jan 36% Mar 15 50% Jan 89% Feb Bell 2 10 6 21 48 May 1% Jan 18 2% Feb 24 33% Apr 17 22 1 Dec 53 30 Feb 27 32 % Jan Feb 15 45% Apr Feb 12 7 11 47% May 39 9 Dec 20 172% Feb 8 16% Jan 142 7 13% Jun 13 146 Jan 28% Jan 23 20 32% May 11 28% Nov 29 36 12 2 Apr 75 7 64% May 17 11 43% Jan 2 Feb 12 29% Jan 14 13 26 Feb 6 33% Jan 2 12 45 Mar 8 61% Jan 2 29% Apr 3 17 Apr 23% Feb 23 25 Jan 9 1 12 32 Apr 15 20% May 1 12 % Apr 30 16% Jan 3 17 1 Feb 25 Dec 34 % May 20 23% Nov 21 Mar 11 65% Dec 45% July 25 21% Dec 24 35 46% July 17 25% Nov Jan 70% Mar 15 6 5 10 71 12 46% Jan 11 5G% Sep 84 Dec 32% Feb 2 15% Jan 155 May 31 14% Feb 3 14% Feb 12 17 % May 27 Jan 35% 35 35'A 97% 97% 97% 97% pfd 11% Jan prelerred wi Co 28 58 42% Jan 3 31 24 % Apr 6 48% Nov 16 40% Apr 17 41 Jan 21 51% Apr 18 29 85 Jan 30 88 29 33% Feb 11 36% May 15 Feb 25 15 Dec 12% Dec 41 11 12 35% Jun 8 May 9 14 92 % Oct 26 100 32% May 25 37 Aug 2 13% Dec 17 15% Apr 27 39% Nov 16 46 Feb 14 42% Jan 11 14 Jan 47 8 10' Apr Jan Stores A & 13 13 1 1.25 15 16% 17% xl6% 16% 16% 16% 10% 10% — Dec 28 38% July 30 22 Feb 5 29% Jan 11 Bullard $5 Co : Co common-. preferred Co Co 63 Sep 20 77% Feb 8 62 May 21 65 Jan 24 3%% Inc Dec 27 85% Mar 6 69 May 23 74 Jan 23 4%% second Bush Terminal 10 20 Oct 26 18 31 % Jan 5 12% Apr 34% Dec 10 14 10 Butte 32 May 28 45% Jan 16 Byers Co 3 101 Mar 12 104% Feb 28 3 38 8 105 % Aug 40% Jan 23 51% May 4% Dec 10 8% Apr 20 5% Aug 9 34% Nov 23 13 16V8Mar20 7Va Jan 17 43% Jan 3 7% May 15 Feb 13 44Vs Jan 5% Feb 12 7VsJan 11 2 11% Apr 22 5% Jan 2 14% Jan 11 6% Jan 8 37% Jan 4 16% May 8 2 84 2 56% Jan 29 27% May 15 36% May 13 Dec 12 17% Jan 3 32% May 29 13%-Jan 2 75% Dec 21 98 7 78% Jan 66 July ll 33% Apr 6 36% Mar 16 24% Apr 29% Feb 13 55 Oct 1 24% Nov 30 30% Nov 29 50 Aug 22 For footnotes Feb 56% Apr see 6 page 26. 10% Jan 52% May 49% Mar 4 12 1 52 Feb Jan 27 2 Copper & (A M) : 4,300 89,200 400 142 1*2 14Vs 14% A.A 2,000 •A"."- 73 62% 63 2,400 38" 38 % 3,200 27% 27% 60 4,600 27% 27% 500 46 Vs 46% 68,000 23% 23% 5,100 28 100 13% ISO 16% 9,700 10% 10% 10% 800 60% 60% 60% 60% 60 % 3,300 41% 41% 42% 41% 42'A 11,200 5 100 41% 80 80 49% 50 16 38% 5 —5 10 5 Zinc common participating —100 1 15 Butler Bros 7% 47%. 60% 5 : Co * Aug 15 12% Jan preferred Burroughs Corp Apr 22 % Sep 48% 46 Va 10% 100 preferred 72 44% 48 Vs- 42 Industries Inc com—:_1 preferred .—100 4% - 2,800 4' % 61 Burlington 23 23 900 60% No par 1 — Watch Bulova 14% Jan 74% Jan 30% *30 41% *10% No par Co Pipe Line (The) Budd 21,300 12% ——-5 No par preferred—100 California Packing Corp 5 Callahan Zinc-Lead 1 Calumet & Hecla Inc 5 Campbell Red Lake Mines Ltd 1 Campbell Soup Co 1 80 Canada Dry Ginger Ale com—1.66% $4.25 conv preferred No par Canada Southern Ry Co 100 Canadian Breweries Ltd No par Canadian Pacific Ry— 25 Cannon Mills Co ..No par 50 81 *79 81 *79 81 *79 49% 50'A 5,400 15% 15% 1,100 38% 38% 49% 49% 49% 49% 16 15% 15% 16 16 38% 38% 38% 36% 38% 9% 9% 9% 9% 6,000 36 % 36% 3,600 9% 10 57% Inc Co 900 1% 16% 14 Shoe *0% 10% common- Bigelow 26 9% Jan 23 29 46% Brown 5,900 % —25 Buffalo Forge Co_. 25% May *28 19 18% *0 27% 23 Va 12% 1 .—15 & 17 98 23% 28 50% 15 3 23% 23 12% 49% Jan 11 x23% 24% 49% 33 Jan 47 % 49% 90% Jan Jan 27% 46 % 9% 11 29 27 Va 27 % 46% 42% Bucyrus-Erie 19 26% 27% 45% 28% Buckeye 47% May 27 26% 27% 47% 9% 26 7 26% 27% 45% 42% Feb 8 26% 27% 9%, 83% Feb 27 61% 38% 42%' 29 17% Feb 60% ?8% 9% 36% July 17 33% Feb 61% 33% 42% 95% Jun 22 23% May 60% 38% 9% 5 6 63 % 39 % . 9,700 63% 63'A -I A: *72% 42% 1 46% Sep 14% 73 9% Dec 23 14% •Tzva x42% Feb 15 - 45 27 28% Jan 73 26% Brunswick-Balke-Collender —No par 2 14 % x72 % 62 May 23: Jan 14% 72% 145 % 38% May 28 21 143% 14% 72% 14a % 0141 44 89 3 xl43% 14% 28 Mar 18 46% 45 21% May 17: 11 45% 145% 60 18% May 23 45% 44 12 66% May 45% 45 17% Feb 3 46% 44 21% Jan 8 46 % 36% 17% May 28 19 DAY 48% 35% 52% Jan Mar 44% 48% 35% 2 81% Jan MEMORIAL 44 Vs 48% 35% 25 16% Jan 30% 44% 48% 36 Jan 23 30 % 44 • 9% 43% Apr 30 30% 44% 49% 35% 24 10 30% 44 48% 30% 200 1% 1% 5 4%% conv preferred 50 Briggs Manufacturing Co—3.50 Briggs & Stratton Corp —3 Bristol-Myers Co common 2.50 3% % preferred 100 Brooklyn Union Gas —-10 26% July 19 56% July 18 Nov 1% 2.50 45 % Dec 12% Aug 21 V/i 1% CLOSED 13'% Airways Inc 23 65 EXCHANGE 10 18' 20% Dec 18% 46 30% • —100 23 3 18% 45% 1% No par 38 % Jan 9 STOCK 19 46% 1% RR— 25% Jan 4 63% 18% 46% 60% 13% preferred: 23 % Oct 17 62 19% 46% 28% Co Maine 62 18% 46% 4,200 ' 94 *86 94 *86 23% Inc———— Edison 39% 94 *86 5 (The) Co Brown 15 48% May 22- 38% Mar 11 Aug 29 Jan 13% Jan 48 9% May 29 28% Feb 44'A Dec 38% Jan 40 32% 32% 32% No par No par Brass Corp class B Bridgeport Brass Co 29% Feb 31 42 64 Braniff 54% May 10 35% Dec — 1,800 23% 61 Common 2 89 ; 42 5 _1 —50 Corp 39% 39% 39 Consolidated Inc Boston 12 7,900 23% 44 *42 44 *42 3J *86 89 23% 23% 7,500 39 39 38 50 17% 39% Borg-Warner Corp common,. 3%% preferred 9% Feb 23% 23% 23% *86 89 *86 89 23% 39% 38% 40% 38% *86 20 17% 94 Boston 31 17% *86 10 14% Jan 95 17% 100 24 1 95 17 % Co 22 Oct 95 17% 4,800 Jan 10 95 17% 17% 2,400 Ami 5% 134-,4 96% *95 40'A Jan 3 97 142 "130 1,900 40 46 10 *95 600 142 40 87 19% Jan '130 —-1 common....„ 10 53% Jan 47J/4 Jan 142 ir 38% Feb 25 28 134'% *130 A: 35 20 78% Apr 23 49 % Apr 30 Feb 35 ;■ 10%" 5 15 35 % 19% 10 37% Apr 26 16% 35 11 Va 50% Apr 98 % Feb 3 16 % 35% 20 17 3 16% 35% 19% 38% Jan 61% Jan 16% 35% 19% Aviation Borden 29% Jan 16% 16% 34% 19% Book-of-the-Month Club Inc 1 9,300 68'A Xl6% 16% 20 2 3 67 % 19% 12 Aug 44 68 % 32% 9% Jan 17 *42% 44 66% 3,000 - *10% 51% Feb 41% Oct 2.900 13 Va 11 % 12 57% Mar 19 67% 65 % 68% *42% 44 *42% 44 600 -vA 82 81% *13% 32% " Jan 3 13% 13% 32% 12% Mar 16 12 81 % 13% *10% 64 Dec 45 Va 80% 13 % 11 27 79 45 81% 32% 26 48% Dec *45 44 % 13% 400 V 44 Dec 25 *60 Va *10% Class Mar 11 61 81% 13-% 6IV2 45% 48% 61 44% 65% 11,300 48 % 82% *42% 30 48% 48% 45% 170 48% 60% 48 6,400 8 J Va *87 *42 ——— 9% Dec 11 60 81% 50 Corp„_—10 : Savers 26 61 % Apr 89 % X32 cum Bond 97% % ; 89 *44% _—1 RR Bohn Aluminum & Bon 97% • *60% 48% 60 2.50 1 100 Inc..; 4%% 3 5'A 35 92 *89 % 48 common 14% Dec 54 *89% 1 peso Best & Co Inc 1 Best Foods Inc -1 Bestwall Gypsum Co——• :l Bethlehem Steel (Del) com i_8 7% preferred— i_ ——100 Bigelow-Sanford Carpet (Del) com.5 4%% pfd series of 1951 100 Black & Decker Mfg Co -1 Blaw-Knox Co (Delaware) 10 Bliss (E W) Co 1 Bliss & Laughlin Inc 2.50 Boeing Airplane Co 5 18 54% Jan 77'A Aug 34% ; 98% 92 1 Benguet 8 43 53% Jun 31 5% 9 28 j. 14 19 35% 97% Beneficial Finance Co new May 14 41% Feb 1 % Dec 30% Oct 35% :_100 100 preferred Bendix 66% May 17 57% Mar 11 45% May 31 44% Dec Corp——13 Howell & 414% 1» % MAv 17 */4 iviar 20,200 Bell Aircraft Corp 31 85 64% Dec 27 8 v 31 Jan 13,200 14 Belding-Heminway 30 50% Dec 101 Nov 27 43 % 13% Life Beech-Nut 11% Jan 28 8 10 v 42% 14 Vs S) (A Creek Beech 8 800 4% 43% 13% Instruments Shoe 500 42% Beech Aircraft Corp 31'A Jan 24 37,100 4Vs- '/a 4 6''/8 47 % 44 Beaunit Mills Inc 11 *4 4 4 6% 6% 47 47 100 1,900 14 conv prior preferred—100 preferred——-— 100 3%% May 20 6% % 36% 47% 36 18 *36% 18 36% 36% 1,300 - 11% *17% *17% 18 69 Va *11 Va 43% Inc— No par Beatrice Foods Co common——12.50 102 3 11% 13% Bayuk Cigars 2 Jan 35% May 20 31% Mar 14 120 Feb 19 July" 13 116 Apr 69 69% *11% 4 4 100 4% noncumulative preferred—100 Bangor & Aroostook RR— ^—1 Barber Oil Corp.. —.10 Barker Brothers Corp common—5 4 % '/o preferred 50 Bath Iron Works Corp—i 10 May 16 2 63 Apr 71 % Feb 16 19 14 44 9 Jan *69% 11% 44% Ohio & 69% 1,900 & Elec Co—No par Gas Baltimore 50% May 16 16% % 16% 14% preferred series B 4% preferred series C— 28 16% *11% 69 17,400 16% 16% 16% 140 10 13% 4%% 82% Jun 42% Jan 60 May 10 Feb 27,300 87% 9% 43% . Baltimore 8 Mar 6% 47 1 56 87 Va (The) —,—9 Co Baldwin-Lima-Hamilton 102 86 Inc Wilcox & 15 3 113 T) (B 16 3 96% Jan 29 Babbitt Babcock Jan 32 % Jan 2 17 Nov conv 35% Feb 25 7 Feb 31% Dec 95 15 12% Feb 35 % Feb 8 11% Jun 5 15% Jan 35% May 24 $2.25 47% May 24 (The) common 3 preferred —No par Mfg Corp Avco 5% Sep 377/a Sep 55% 10 9% Jan 19 % 55 87% 67% Feb 1,300 92 87% 54% 87% 16% Apr 11,700 ; 29% 15,600 54% 10 46,100 10 9% 47 97/u 1 23% 23% 1,000 44% 53 1 16% Jan 45 100 76 Va *75 *89 87% 10 : 29% 91 10 Aug Conv DAY -J "a 29% 88 91 11% Jan MEMORIAL 23% 0%' 55% 9% 18% Jun 13 2,700 98 -• CLOSED 45 91 27 Sep 33% 96 % STOCK EXCHANGE 76 44% 13 9 33 % , 98% 44 15% Dec Nichols 33% *83 61% Feb 5% 2,700 29% " 10% May 28 Atlas Powder Co——— 25,000 23% 10 29 8% Nov 19 ^4 31% 75% 29% *89 91 *88% Coast 19% 31 *97 75% —10 com—6.50 .—100 19% 31 33%. 98 99 4% 800 - 32 Va 3J% 33% Atlantic 4,500 19% 30% 33% 700 5% *32 32% 280 29% 5% 5% ♦32 32 98 . 5% 5%:. :.'A;A5%- 5 % 5 Ve : 23 49% Jan 25 Apr 33% 56% 27% 100 -10 ■—— 5'/a non-cum preferred Atlantic City Electric Co May 23 Jan 27 27 63% May 6 33% 56'A Sante Fe— Common 11 33 33% Atchison Topeka & Jan 10% Feo 27 22% Mar 26 33% July 25 25% Nov 21 33 56% 56% ■ 1st preferred ___ Associates Investment Co. 77% May 22 ZZ 38 Va 13% _ 5.25% 28 Jan 38% 27% .No par Corp 5 Artloom Carpet Co Inc 1 Arvin Industries Inc 2.50 Ashland Oil & Refining com——1 2nd preferred $1.50 series—No par Associated Dry Goods Corp— 18 1,900 38% 32% 33% 55% Arnold Constable May 29 Feb Shares 38% 1 Illinois.— preferred— $3.75 the Week 55% — of Co & Friday May 31 38% 38% 38% 32% - May 29 Thursday May 30 •* 5 Armstrong Cork Co common 30 8% Jan 11 11 27% Oct 8 8 Jan Corp 2 Jan 12 86 Steel Armco .—5 —10 Corp 16% Jan 12 13 % Feb 25% Feb 2 Oil Argo Sales for SALE PRICES HIGH Wednesday * May 28 May 27 38 No par 65% Jan 51 Ve Feb 22 18% May 24 26% Jun 4 2 May 102% Mar 5 Dec Jan 36 28% Mar 27 Archer-Daniels-Midland 25 37% Mar 27 26% Nov 29 82 39% Apr 3 35% Jan Par EXCHANGE Highest Lowest Highest Lowest Tuesday Monday YORK STOCK NEW Range Since Jan. 1 Year 1956 AND LOW STOCKS ■ante (or Previous *88 49% *88 90 49% 90 35% 35% x56 %' x27% 35% 14 14% 14 Va 14% 47 44% 48% 45 45 Va 5 TVs 60 58% 59 % 35% 20% *84 24% 7% *32 101% *84 30% 30% 31 12% 69 64 . 22% xl9 11% 22% 19Va 19 Va 12 12 Va 67% 67% 12 *67% 69 *61 64 69 69 46% 47% 8 33% 101% *17% 24 7% 17% 24 7% 8 32 *31% *101% 42 12% 5% 5% 5% 5% 33% 34% 33% 33% 50% 52% 27 35% 50% 47 17% 103 15% *81 *51 % *26 34% *50 70 23% 8 12Va 35 46% 18 *41% 5% 12Va *51% *28% *69 64 24 Vs 42 6 16Ve 83 *61 *101% 32 31 22% 47% 18 84% 19% 70 24% 20% 22% 42 5% 15% *81% 20% 84% 19% *17% 45 20% 22% 47% 27 Va 44% 84% 19% *69 27% 45 % 20% 22% *61 27% % 44 84 % 31% 12 " 20% 30% *67% 27% 28 45% 45 6 12% 42 32% 103 42% 5% 5% 12 Vs 12'A 5% 5 % 32% 33 % 15% 16 16 83 *81 % 83% 52% 27% *51 % 52% *26 % 27 Vs 35 % 35% 35% 51 *50% 9% 5,000 42 42% 2,000 50 % 51 7,700 9% *88 90 *88 35% 14% 35% 51 900 46 *44 1,300 35% 14 *45 V8 90 3,400 36 800 14 1,600 46 58% 59% 27 Va 27% 16,300 3,100 44 Vg 44% 5.200 20 Vs 20% 13,800 *84 84 7 s 200 30% 30 Va 800 22 Va 22% 2,300 19% 19% 2.300 12 % 16,300 12 *67% 69 *61 64% *69 70 47 Vs 47 Va 50 — _ 20 13,300 *17% 17% 100 23% 23% 3,500 7% 7% 900 32% 100 *31 *101% 42 Vs 5% 103 42 Vs 6 20 1.400 3.400 12 Vs 12 'A 5.400 5% 5% 3,100 32% 33% 6.800 15% 16 3,700 *81 82% *51% 52 Va *26 % 27 Vs 35% 35% 13,500 50 Va 50% 300 Volume 185 Number 5643 . The Commercial and Financial Chronicle . . (2569) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous Year 11)56 Lowest 12 41 31% Jan 23 45 % 22 Nov 14 101 Nov 30 Lowest y2 Feb 1 Aug 17 Mar 18 38% Feb 9 12 Feb 99 y2 May 27% Apr 65 '/2 Dec 62-/8 May 16 55% Feb 43 53 V2 Jan 43 t eo 14 Mar 28 9 19 Dec 21 94 Dec 104 23 Nov 64% Dec 14 3 17 Feb % Dec Jan 28 8 96 Jan 13 5% Mar 12 Feb 108 21% Nov 25 70 Jan 38% Jan 11 9 16 18% Feb 73 Mar 14 May 33 • Oct 95 28 79 May 9 16% May 31 56 % Apr 1 100% Jan 11 2 2 May 24 29 % Mar 9 4 13 41% July 27 34% Jan 3 19% Nov 1 22% Jan 7 17 9% Jan 31 14 y4 Mar Central RR Co Central 8 54% Dec 18 77% July 19 10 44% Feb 8 Sep 13 59% Jan 28 14 Aug 17 45% Dec 26 8 27% Feb 9% May 31 30% Apr 2 11% Jan 10 2% Sep 54% Jan 28 4% Jan 9 75 y2 3 May 43% Jan 8 11 69% Jan 44 22% 15% 103 104 5% 96 16% xl6 1063/4 X106 663/4 67 34% 173/4 34% *17% 19% 19% 12 Vb 11% 49 >/4 100 : X5&'/4 66% 34% *17% 17% ,19% 19% 48% *76 12 15% 50 16 16 55% 55% 96 553/4 55 96 31 96 31 35 41% *18% 41% 19% *8 5 8 47% "1 30% *34% 35% 41 30 3/a 7% * 9% 9% 32% 33% 1 2 3/a iq 2% 2% 62% 62 3/4 2% 631/4 31% X9% 31% 200 19% 600 12% 123/g 9,400 46 46% 600 76 16 *95 Oct 94 Dec 22 1 45 21 % Oct 108 Jan 3 6% Nov 29 53% Jan 3 96 % Jan 20 20 y8 Oct 7 12 90 5 69 y4 Nov 17 38 May 28 25% Feb 31% May 69% Jan 96 r 30% 30 9 23% Jan 11 28 31% Jan May 16 Apr 2 28 50 Apr 41% Jan 27 31 6 36 16% Nov Jan 26% Jan 3 16 55 V2 May 28 21% Nov 21 Feb 11 71% Jan 4 56 31% Feb 1 22% Feb 27% Nov 12 46% Feb 1 30 25 43% Mar 4 % Apr 33% Feb y4 Nov 5 13% Jan 42 42% 18% 18% *7% 8% 10O 46 3/a 46% 9% 9'3/a 3,500 20,800 32% 4.500 2% 7,000 32 2% 9 69% Mar 1 87 3 12 60 Jun 1 24% Oct 25 87 Dec 3 102% Apr 55 y4 2 3/a 47 % Jan 23 12% Jan 30 Nov 30 2 Jan 42% Jun 20 46% May 24 185 Oct 75 y2 89% Nov !* 26 31 70 Dec 19 18 Jun 60 Jan Dec 39 Nov 5 98% Dec Jan 22 83 15 Jan 6 Jan 10 3 50% Jan 141 15 6 3 1% Jan 18 40% Jan 2 Jan 13 100 Jan 21 19 94% Mar 13% Nov 21 23y2Jan 9 27% May 28 35% Dec 10 62% Jan 11 9 5 50% July 30 51% Mar 12 3 54 Nov 30 66% Apr 9 50 Dec 27 59% Feb 16 99 Jan 2 800 Dec 36% Dec 71% Feb 40% May 12 Apr 17 41 Feb 27 78 Jan 3 13% Feb 25 27 11 Feb Mar 114% May 8 Apr 17 46% Jan 14 7% 50% Feb 4% Jan 11 59 Mar 50% Feb 8 57 Apr 17% Aug 16 26% Jan 3 16% Feb 13 18 20 58 23 Apr 12 36% Mar 22 43 Apr 28% Jan 31% Dec 18 27 54 13 16% Nov 38% Dec 1 21 Jan 6 9 4% Nov 23 8% Mar 16 13% Dec 31 18 Jan 4 15 26 22% Jan 12 30% Mar 26 16% Dec 27 42 % Nov 15 23 V4 Mar 19 44 Dec 14 49% Mar 22 100 Nov 29 110% July 17 1 31 36% Mar 12 18% May 9 Jan 28 21% Apr 18 43 y2 July 25 44 Nov 26 jo Jan 19 1% Sep 28 14% Jan 43% Dec 18 51% Mar 13 5% % 9 43% May 28 May 24 42% May 1 28% May 6 7 45% Jan 60 61 *160 423/4 99% *80% 42% 43 423% 98% 98-% 98 *68% 70 70% 50 *40 *68% 403/4 40 40 *40 x22 % 22% 213/4 22% 1 -No par 73 73% 2 71% 2% 40% 72% 2% 403/4 40% preferred_103 *100 103 *100 108 4 106 No par No par 107% *800 130 103 107% 22% 72 *800 —10 423/4 *79% No par 15% 16% No par 28% 29% 28 Va 50 *49% 50 100 *46 48 pfd 100 pfd—100 *58 58 Va *55 56% 80 70 40% 22% *128 723/4 ♦100 106% 2 Vb 40% 130 103 42% 43 42% •78% 81 *78% 16% 283/4 *49 % 50 43% 81 16'/a 16% 28% 28% *49% 50 46 58 % 58% *58% 59 56% *55 56 Va *45 47% 34% 343/4 343/4 34% 34% 17% 17% :-5 *17% 17% 173/4 17% $4.25 preferred Columbian Carbon No par No par Co Columbus & Southern 4.64% cumulative Nast Elec—5 Inc 1 10 Co 1 Edison Comptometer Conde Cone Ohio Engineering Commonwealth d Co com—25 preferred—100 Corp —5 Publishing Co No par Mills Corp Congoleum-Nairn 10 Inc —No par Cigar Consolidated Coppermines Consol Edison of Corp N Y 1 Corp—5 *75% 17% 17% 17% 76% *75% 76% 43% 44% 43% 433/4 44 30 30 44% 29% 29% 29% 32% 33% 293/4 32'/8 32% 50% 313/4 32 Va 51 '/a 51% x50 *75% 76% 49% 16 Va 503/4 163a 16% 16% 16% 39 V» 40% 39% 40% 40 98% 16% 40% 98 Va ♦96% *9 93/a 5 13% 13% *38 14% 5 13% 14 *83/4 5 13% 98 %. . 9 5 13% *96% 8% 5 13% 98% 8% xl3% 133/4 13% 38% 13% 37% 37% 37'/a 37% 14 74 143^ 14% 14 3/8 143/4 com—No par 43% 43% 43% preferred No par Consol Electrodynamics Corp 50c 431/4 .101% 101% 4334 101 101% 101 >/4 101% $5 - Electronics 41% 417/a 41 41% 40% 41 1 29% % 30l/a 29 29 % 29 29 1.33% 15% 3/a 15% 153/a 15% 15% —1 xl5% 15% 15% 15% 15% 15% 15% 5 *15% 16 15% 15% 10 47% 47% 15% 47 47% 47'/4 pfd 100 47% 47% 47% ♦46 471/4 *45% Stores Inc—1 1% 471/4 1% 1% 1% Industries- Foods RR of Corp— Utilities Cuba Corp Gas 6% Retail 43% *15% No par 47% 47% 47% $4.50 preferred 47% No par 93 47% 9334 91 921/4 96% 95% 95% 95 $4.16 95 preferred No par —No par 93% *95% 95 preferred *88% 90% *88% 90% 2 95% Mar 27 Consumers Power Co com Container Corp 16 Mar i.8 20% Apr 94 Jan 108% Jan 3 18 9 Apr 24 33% May 3 Mar 29 .——5 preferred Continental Jan 4 15 $3.75 $4.50 conv common 2nd 5 No par preferred Mar 12 100 : Baking Co $5.50 preferred Continental Can Inc 92% Feb 118 1% *88% of America— Common 4% 70% 19,100 69% 18% MEMORIAL 102 DAY 18% 3,900 102 44% 46% 19 19 *96% 61% *160 40 3,500 16,700 97 613/4 3,800 207 *80% 83 423/4 x963/4 433/a 96% *68% 70 *40 40% ~10 22% 4,500 22% 72 3/4 73% 2% *128 2 107 2,900 380 * 9,400 % 2,400 40% 40 3/4 1,400 129 10 103 107% 3,100 43% 43% 79% 79% 80 16% 16% 8,200 28% 29% 7,900 49% 49% 200 45 6,200 45 30 *58% 59 140 *55 55 % common 10 No par preferred IOO 17% *87% 32 100% 18% 91 32% 100% 173/4 *87 % 313/4 100 18 Va 91 32% 100 18 *87% 17% 90% 18% 91 753/4 10 44 Va 5,100 297/a 30% 1,900 10,400 32 32% 50 50 VA 16% 163/4 11,000 40 401/4 10,000 *96% 98% 8% 83/4 5 13% 13% 2,400 13% 2,300 373/a 14% 6,500 43% 12,300 % 101 1013/4 1,100 41% 413/4 3,900 29% 30% 5,300 15% 15% 4,600 155/a 15% 800 •15% 153/4 200 47% 47% 6,400 47% 200 *46 1% 1% 1,300 473/4 47% 5,000 92% 92% 690 *94 95% 20 *88% 90'A 18 18% •87% 90 90 32 3/a 114% 10,900 91 911/4 115% 1,900 143/4 43 47% 115% 100 300 2,600 133/4 47 •90 6,100 373% 101 47 911/4 1,600 753/4 47% 47% *90 2,000 44 100% 47 90% 115% 25,900 *993/4 47% 115 7,800 34% 17% 17 3/a 32 3/8 47 115 35% 17% 32 3/a 90% *114 34 3/a 34% 5 5 13% $4.52 14 2,300 6,000 *800 46 *55 46 3/a *100 107% *800 153/4 43 Va 43% 2% 403% ' No par com 2% 03/4 83 98% 50 *68% 46% ' 207 83 22 48 207 *80 % 1 22 11 page 26. 59% *160 170 42% 97 343/4 ^Consolidated 42% Feb see *96 % 17% Consol 83 footnotes 99% j 34% 17 3 5 83 42% 97 58 49% Jan 17% Jan 2,400 88% 42 18% 34% 23 5 56% Aug 102% Mar 207 *80% *96% 60% 18% 17% Jan 105 117% Nov 97 *160 ~ 19% 19 45% 101% Jan 84% Jan 27% *88 STOCK 18 105 44 35 Va 3% Jan 2 12 *96% 59% 173% *102 43% 343/4 Consol 2 27 100 17% 105 433/a 17% Consolidated 29% Jan Dec 19 3434 14 99% Jan 83 17% *102 43% 18% 34% 23 18 111% Dec 102 43% 101% Jan 4 89 102 42 May 29 18 29,800 CLOSED 88% 1% 47% 2 75% EXCHANGE 69% 173/4 *128 Consolidated 6 68 3/a 70% 17% 128 8 3 68% 67% 128 10 23 67% 46% 88 2.50 16 % Jan 20 10 14 45% 2.50 35% Jan 36% Jan 31 Jan 46% May 106% Jan Dec 39% Feb Jan Jan 17 42% 453/4 *413/4 453/a No par 58 93% Jan 11 22 88% 41% Mar 12 91 200 12% 59 27% 88% 15 - Natural 1 6,900 27% 89% .5 —; Consolidated 3 28% Nov 28 B 47% May 27 Jan Jan A Class Gas 112 7,100 Va 19% Broadcasting System— Class 14 14% Jan 27% Columbia Gas System Inc Columbia Pictures common Laundries 11 27% % 75% 46 com Fly Consolidated 109% Feb 104 Southern 27% 300 35 8 *ll3/4 42% 100 com Consolidated 18 19 1 27% No par Corp_ 15 1% May 15 4,500 *56 75% 42% 15 Iron Mar 28 19 Sep & Apr 31 23 & 27% —5 - 17 45 59 75% 2,700 40% 35 % 453/4 preferred series B- Colorado 27% .1 16 39% Feb *56 75% 7,700 26% 12% 59 74% 300 19% 33 *1 89% No par 29 Dec 28 21 76% *11% 38% 60 40% 10 preferred 15% May 29 39% Feb 12 Dec 18% Dec Feb 11 10% Apr 6 % Jan 107 74% 12% 1,300 32% 33% No par Solvents 18 93 103 y2 Jan Aikman Credit 101 *56 25 (The) Commercial 39% Jan 14% Feb Co Commercial 17 58 : 2nd Combustion 14% Feb 92 For 4 27 *56 100 31 % Mar 18 104 19 *11% No par 34% May 17 52% May 14 16 35% 18 7/8 12% 36% 19 19% 35% 193/4 *12 1,400 29 60 35% 36 *19 5 Co 3 4% Apr 8 12% May 6 13% May 20 34% Feb 8 82% Dec 99 48% Jan 1 35 Va *18% par par 1,000 ; 20 7/a *373/4 26% 3 10 12 98% May 22 8 % Feb 6 15% Apr Dec 11 19 % Jan 10% Jan 88 78% Jan 42 % Mar 3 <23 6 2 Dec Dec 15 7 8 15 13% Jan 39 101 % Dec 34% Jan 25 15% May 29 15% Dec 8 44% Mar 19 Nov 26% Oct 46% Jan Jan 21% Mar 20 20 100 Dec Feb 26% — Col"mbia 25 20 S/8 403/4 27 Coca-Cola Internat'l Corp Colgate-Palmolive Co.com$3.50 preferred 36% May 15 35% May 15 44% Nov 40% 26% 1st 21 24% Sep 44% Oct 40 3/4 27% 2nd 21 28% Nov 26% 35% noncumulative 29 % Jan May 40% noncumulative 29% Jan 75 41% -100 105 36% 19% A— 7,600 *28 % 593/4 4% 19 3 18% 4% 19 84 y4 Jan 19 20O 62% *99% 29 59% 6 34 y4 Dec Aug 23 183/4 *28% 33 23 34% Dec 78 19% 60 1,600 7% 26 % 62 38 18%, 9% 1 9 36% 38 luo cumulative Coca-Cola 28 25 Feb 36 383/8 preferred Collins & 50% Apr 17 35% 29 60 Molybdenum Corp Clopay Colorado Fuel 2 28 31 353/4 *28% 13,600 *7% 203% *373/4 29 25 convertible 83 Apr 17 16% May 31 28 17% Dec 20% 381/4 Co Equipment 33% Jan 22% Jun May 28 20% 36 3/a Cleveland & Pitts RR 7% gtd Special guaranteed 4% stock Clevite Corporation 5 22% Jun 3 5% 20 43% 26% 105 33 $4.50 preferred 8 39% Jan 55 *99% 20 32% Cluett Peabody & Co com 5 Jan 47% Mar 12 18 103% 103% 12,900 7% *59% 43 % Mar 800 *100 63% 7% 90 29% 42 26% 62% 7% 33% Climax 106 26% 62% 7% 32% 40% 75% May 20 2% Feb 11 139 26% x62% *59% Cleveland Electric Ilium 14 23% May 17 30 Nov~29 Jan 17 60% Feb *26 64 3/a 38 C C C & St Louis Ry Co com lqp 5% noncumulative preferred—100 25 11 Feb Apr 2 104 Clark May 16 Jan 18 127 131% Mar 175 Jan 68% Apr 5 75 Dec 96% May 31 69% Mar 5 Jan 125 20 13 May 16 7% 263/4 8.50 Service 4%% 43% May 20 40% 47 14 36% Feb 78 % Aug 15 3% Jan 16 18 Nov 65 80 80% Mar 26 20 100 12 15 175 7% 64 1,900 94 29 9 100 City Investing Co common 5 % % preferred City Products Corp City Stores Co common 9 13 52% Mar 26 8% No par — 20% Apr 96% Apr Jan 45 23 127% Sep 7 9 36% Cincinnati Milling Mach Co May 2 46% May 31 43 y2 Jun 24% Jan 8 2 93% Jan * *28% preferred Cities 200 300 36% *92 42% Del-50 com C IT Financial Corp 103 July 18 May 28 111 26 39% Dec 1 103 30 34% Jan 3 4 196 16 97% Dec Jan 17% Mar 9 41'A •26% 20 Common 4% 60% Jan May 3 38'/8 Feb 27 9 *101 Oil Copper Co__ Chrysler Corp 46% May 31 70% May 24 18% May 31 3 109 9 com Western Cotton 31 12 18 29 100 Ry preferred series 24 12 102 North Apr 94% Jan 12 15% Jan 29 23 y2 Jan 9 Nov 18 283/4 Cincinnati Gas & Electric— 30 39% Feb Feb Western 9,900 63 36 92 29 41% Chile 25 58 6 104 y2 Jan 17% Dec 27 93 8 91 28% 40% pfcL & Chickasha 11 39% Feb 73% July 17 20% Mar 29 102 9 36% 91 29% 421/4 com__No par Chicago Pneumatic Tool— Chicago Rock Isl & Pac RR—No Chicago Yellow Cab No Mar 26 Jan 80 % Apr 2 July 10 20 54 22 90 36% 40 Great 5% 29% May 10 37% Jan 7 28 26% Jan Chic 93% 37 28% preferred 50 Milw St Paul & Pac-L—No par 5% series A noncum 14 *36% 41 5% 29 12% Jan *91 Chic 29 64 87% Jan 4 39% Dec Jan 2 64% Jan 29% July 10 3 37% Jan Jan 61% Jan 34% Apr % Apr 2 Chic Mar 15 37 1.25 preferred 111 RR Class A May 20 43 convertible Chicago & East 8 40 10 12 Apr 56% Jan 14% May 22 12% Oct 26 51% Feb 39% Jan 12 5 3%% _ 20 % Mar 19 24 Dec~20 10% Jan 31% Mar 15 Feb 4 2,700 35% 63 1 Chemway Corp 1 Chesapeake Corp of Va__ 1.5, Chesapeake & Ohio Ry common—25 30% Mar 11 2 29 18 600 60 3/4 *35 32 Va 1 Manufacturing 9 9% Feb 363/a No par No par Champlin Oil & Refining Co Chance Vought Aircraft Inc Checker Cab 24 10% Mar 28 C100 4,900 Co- — $4.50 preferred 2 49% Jan 110% Jan 20 27 Common 29 99% Mar 18 35% Dec 35 % 11 99% Jan 12 36 y2 Dec 19 Champion Paper & Fibre Jan 7% May 8 25% May 10 59% Feb 12 21 31% Apr 19 40% May 28 8% Feb 19 109% Nov 21 24% Jan 16 9 28% Feb Feb 32% Feb 12% May 4 10 Va Apr 13 44% July 19 28 29% Nov 9 27% Apr 45% Dec 1 31% May 24 7 Aug v 553/4 *62% 34 . 16% *543/4 9% 32 173/4 *70 8% *62% 9% 1,800 19% 47 2% *62% 9% 170 1,300 34% *17% 19% 46% 1 Co DAY 41% *7 Va 47 11,400 663/8 34 MEMORIAL 30% 18 % 7% 46%': 16% 108 661/4 35% 41% 7,900 6,800 98% 16% 16 *35 4l3/4 183/4 18% 3/a 47% ■v 40 5% 97 *105% 96 *343/4 104 *96% 1 CLOSED 55 96 30% 10 EXCHANGE 1 74 96 100 23,700 5% 48 74 110 1,500 16% 96% STOCK 12% *46% ;■ 82 16 12,500 16 19% 12 47 83 15% par _ 49% *76 16% ; 107 34% 18 19% par 16% 66 58% 44 22% ♦1023/4 574 106 5.200 3,000 57% 9 81/4 653/4 34% 140 253/a 67 22% 96% 16% 34 18 5% 95% *96% 107 x65 % 113/4 No par of N J____ 5% 953/4 *96% 101% *43% 105 98 % 94 98% 6,600 66% 22% 16'/a *103 3,100 25% 44 22% 15% 3,100 30V4 *101 25% *43 22% 15% 1063/4 & Belt 44 22% 41% 293/4 101 25% 16 1 Aircraft Co_ Chadbourn Gotham Inc Chain 44 100% 23</a 41% 58y2 100 5 com 22% 66% 57% 16% 20 Cessna 9 66 58% 94% 1 Corp Certain-Teed Products Corp. 2 3% Jan 2% May 28 57% Mar 13 66 57% •96% South West Corp 5 Central Violeta Sugar Co— -9.50 Century Industries Co No par Cerro de Pasco 10 65% 593/a 53/4 Service- May 20 43% May 22 16% Apr 7% Apr 28 67 43 AllOO preferred series Central Hudson Gas & Elec—No Central Illinois Light com No 4%% preferred ; Central Illinois Public 36 25% 15% .-100 J .5% 31% May 14 Feb 1 13% Jun ' 8 7% Dec 1 July 24 Aug 9 Jan 25 105% — 23% 25% *5% Aguirre Sugar Co 12 Feb preferred 23 100 -22%, —10 — Foundry Co of Georgia Ry 15 43 5% 30 % •103% common Central 52% Jan 35 28 .< 41% 30% 7 preferred series Central 17 y8 Mar 22 113 preferred-! conv Corp Central 61 19 2nd 16 9 31 7% 4%% Celotex 41 % 303/4 100 common- 13% May 22 16 23 •' •' 41 66 4.20% preferred 100 Celanese Corp of Amer com__No par 23 16 Nov Caterpillar Tractor > Shares 22% 40% 30% 58% 12.50 preferred- 51% May 8 15% Oct 98% Dec 2nd 19% Mar 20 8% Jan 3 81% Feb 32 conv 37 % Apr Aug 14 1 the Week May 31 100% 5 1 Sales for Friday May 30 31 25 10 50 PRICES Thursday 41% 100% No par preferred 6%% • 8 25 51 y2 Jan 27% Jan 11 65% Feb 31% Feb 13 Ry_100 Carriers & General Corp___ (J I) Co common 7% preferred 8 Jan 17% Jan 12 y4 Mar 16 57% Apr 86 V2 Jun Ohio & Light. SALE May 29 22 X30% . . 17% Jan 20 & 22% 41 5 HIGH Wednesday May 28 213/4 ~io Case 6 3 Jun 4%% 14 99% May 9 100% Mar 13 17 14% Feb 104 11 110% Jan ! AND Tuesday May 27 1 Carpenter Steel Co_— Carrier Corp common 22% May 31 16% Jan 14 3 Power 26 22 47% May 28 Nov 75 47 Clinchfield Carolina 26 11 5 27 Carolina Monday Par . (The) Co— (Philip) Mfg Co__ Carey 6 Apr Inc_ Carborundum Mar 21 72% Apr 65 % Jan 12 85% Feb 4 25% Mar 13 101% Apr 5% Jan 3 Feb 20 14 8 43 Jan 119 21 Feb 17 % Dec 9 2iyBJan 21 34 26 July" 18 95% 11 13% Nov 12 113 y4 Jan 55% Jan 23 102 2 50% Feb 24% Aug 16 18% Jan 5 11% May 28 100 22% Jan Capital Airlines 32% May 22 105 May 27 20% Nov 2 31 4 45% Jan 2 LOW EXCHANGE 26% Jan 12 22 23 "% Mar 20 121 NEW YORK STOCK Highest 18 y2 Apr 22% Nov 29 40% Feb 29 49% Nov 20 20% Jan STOCKS Range Since Jan. 1 Highest 23% Dec 32% 101 114% 2,100 3 00 9,600 90 700 17 Commercial and Financial Chronicle... .Monday, June 3, 1957 The (2570) EXCHANGE STOCK RECORD NEW YORK STOCK v* STOCKS •' >■' NEW YORK STOCK r* EXCHANGE * Par Range Since Jan. 1 Lowest Highest Year 1936 Highest Lowest Monday May 27 Continental Copper & Steel— 12% Feb 14 16% Oct 22 15 28% Oct 19 22 58% Apr 20 5% Dec 6 43 Sep 9% Jan Feb 45 9 11 Jan 6 2 21 79% Apr 29 51% Jan May 28 31% May 10 43% Jan 28'% Feb 11 49% May 21 59'% Feb 15 26 52 Jan 31 64% Jan 31 66 Deo 67% Apr 60% Nov 29 Dec 89 Oct 24 28 180'% Mar 7 152% Dec ?.(, 20 93 5% Sep 25 2% Dec ■ 6% Jan 3 33 5 *"79* 97% Mar 18: Dec 31 42% Mar 26 4 Dec *23 50% 7% 3 *22 7 23% 7% 7% 3.400 300 ' % 4,400 7% 4,900 16,300 51 7% 7% 66% 64% 65% 66% 66% 66% 68% 36% 35 35% 35 35 36 % 36 % 70 0834 70% 9.400 34 7 a 35% "7,800 7% ,, 06% 08% 66 67 3 4 66% 34% 33 33% 33% 32% 32% 32% 32% 34 32 32% 5.400 34% 35 34% 35% 5.000 *49% 52 *49 3/i, 52 70 '4 *69% 71 *69% 71 32'% 34% *49% 68% 68% ': 24 *68% 24 24 24 93-% 92% 84 94% 99% *84 86 84 -94 96 94% 94% *84 86 96 30% 30% 30% 157% 158% 156% x23% — 24% 23% 23% 23% 24 5% 5'% 5 5 "a 2% 2% 2% *2% 31% 81 * 83 ———-.100 10 31% 12,700 2.700 *5 / 5'A 2 % j2% 800 31% 317 a -.8.400 *80 82 ♦80 14.200 24 "a 237 a DAY 180 157 *155 MEMORIAL 31% 31% 31% 81 31% 31% *81 95% 5% 2% 5% 2% ■ 10 86 31 157 31 67,400 *93% CLOSED 30% 158% 30% 1.000 90% *84 EXCHANGE *94 138% 100 1 STOCK 23% 86% 24 91% 89% 100 - 2334 24% . 1.900 52 32 34% 35% 52 *40% 5 100 ; 35 25 preferred a 50'/a 51% x36 —,—_1 Coty International Corp —_1 3%% ? 12% 7% 5 Crane Co common Shares xl2% X66 5 14 Corp the Week 23% 51 Coty Inc Mar 14 86 23% 50% preferred Sales for Friday May 31 12% 33% Cosden petroleum ■ 36% Apr 22 May 14 Jan 15 80 7 7% May 17 2 6% Jan 2% Jan *22% 51% preferred series of 1947-100 Products Refining common_10 Corn 4 Mar 22% 3%% 25 2 21 May 28 2% Feu 27 5 May 29 - Jan 19'% Jan 3 2 32% Apr 24 164 22% x50% Corning Glass Works common 3 %% preferred 3 Jan 96% May 8 Feb 11 Jan 155 5 23% Aug 27 30 89 84 32% Feb 20 27% Jan Jan 19 Jan 25 14 99% May 27 57% Feb 13 May 28 5 99 5. 31 27% Jan —25 h—5 1 Cooper Range Co 5 Copperweld Steel Co common—__5 5% convertible preferred :_50 6% convertible preferred 50 Cornell Dubilier Electric Corp—_1 74'/« May 17 8 21% Mar 99 26 84% Jun 13 40% Mar 12 6 Dec 23 52% Jan 8 12% Issued When 37% May 17 12% Corp Cooper-Bessemer May 15 37 _2 12% Corp Continental Steel 41% J an *' v 12% 12% : preferred Insurance Continental Motors Continental Oil of Delaware 18 68 % May 31 34% Feb 12 33 *49 M» Apr 8% Apr 2 27 common convertible 5% Continental 14 33% Dec 24% Jan 23 7 3 Mar~20 70 Dec 20 41 2 Jan 54% Feb 45% Nov 15 68% Dec 28 1 25% Jan 23 34 % Jun 26% Jan 54% May 12 Industries 7 15% Jan 12% Mar 26 22'A Feb •« ' LOW AND HIGH SALE PRICES Thursday Tuesday V Wednesday May 30 May 28 May 29 V >/>■/>>. Previous Range for 200 82 > ' 28% Jan 30% Jan 14 Va Dec 19 11% Dec 11 28% Dec 7 16 50% Nov 23 69% Apr 3 49% Apr 3 57 Jan 11 Feb 2 92 2 100 Feb 18 38% Jan 10 3 4 18% Feb 28 35% Feb 23 104 Dec 27 91 Dec 14 li Jan 25'% Dec 26 7% Jan 10 14% May Dec 26 84% Aug 20 10'% Jan 3 Feb 13 31% Dec 40 28 49% Nov 28 33% Feb 1 38% Feb 12 47% Jan 38"% Feb 12 47 Jan 11 33% 33'i 34% % 34% 34 29 ■ 27% 8% 8% ; 5 100 8 28% 27% 27% 1.900 8% 8% 3,600 61 % 61% 7% *3078 /> 36,000 190 . 300 8 3.400 400 32% 12% 12'A 12% 12% 12% 59 *58% 59 69 59 *59 5,500 60 . 300 21% 21% 21% 21 % 21% 21% *21'A 21% 600 44 ' 45% 43% 44% 44% 44% 44% 45% 26,700 43% 43 "2 *44% 45% 44% 45 1 44% 44% 10 *57% 58% i! — Cutler-Hammer Inc 8% 32% 12%' 12% 12% *58% i €1% 7% *31% 311'2 31% '31% 1 No par No par 1 common ♦61 8% 31% 8% 8% ■ 260 35% 28 60 59 59 % *58% 5* 500 11,600 34'A 8% preferred—--'. Class A 94'.i 93% 8% —,—? 6,300 ' 27% preferred $1.60 Curtis-Wright common 64% Jan 34 51% Mar 29 NOV 19 65 *93% 2,600 93% 8% Prior 11 49% Nov 28 14 Oct 94% > 53 93% 29% Publishing $4 prior 11 52% 94 26% Curtis May 20 *28% 53% 33% Cunningham Drug Stores Inc—2.50 59 28% 52% 8% Cuneo Press Inc 21% Apr 28% 52% 29% 13% May 12 28% 52%' 27% Cudahy Packing Co common 4%% preferred ; 53% Feb 19 13% 28% 53% 29% 6 19% Jan 17 Nov 28% 14% 26% 2 21 13% 100 pfd 300 14% 13% Sugar ——10 noncum Cuban-American 8 14% 14 29 27% 33% Jan 28 7% Jan 18 14% 13% 29% Feb 9 2 31% Jan Cuba RR 6% 14% 29 ' 93 of America—12.50 Crucible Steel Co w 29% 14% 14 14% 52 29 29% 14% 14% *28% —.- *29 29% 14% : 2.50 -No par Corp common ,5 84.20 preferred —No par preferred $2 65% Jan 9'% Sep 14 63% July 19 3 52% Oct 9 10% Dec 20 26% Jan 23 6% Jan 53 7 29% 2 1 _ Crown Zellerbach 17 30% Apr 25 Jan 2 11 7% May 14 7% NOV 16 Crescent Corp Crown Cork & Seal common, 17 32% Apr 21% Apr 10 8 May 17 57% May 16 65 Apr 15% May 13 31% Feb 18 Apr 26 29% Mar 12 19 Jan 2 23% July 25 Jan 16 31 11% Mar 27 28 14% May 28 14 Jan Corp (The)—.— Cream of Wheat 17 29% Jan 2 28% Oct 22 29% 58 *57% 59 58 57% x57% 800 '400 58% D 47% Oct 11% Dec Feb 96 24 17% Mar 19 16 6% May 21 17'% May 21 30% Dec 3 50 NOV 16 4% July 12% Dec 27 May 16 44% Jan 24 2 43% Feb 13 13% Apr 7 5% 5% *5% *12% 13% *12% 13% *12% 13% 37% 37% 37% 37% 37% 37% 37'% 37% 2,400 46% 467« 46 46 % 4,400 76% 76% —10 Power & Light common__7 86 Feb 27 4 88 Apr 5 20'% Apr 10 23% Jan 3 13% Jan 2 17% May 8 27'% Feb 11 32% May 6 Deere 6 27% May 29 31% Feb 1 Records Decca 3 16% Mar 12 31'% May 18 25% Apr 27 26% Feb 10 8 July 26 41% Feb 47 Delaware Jan~23 38% Nov Delaware Delta 44% May May 14 38% Jan 14 37% Jan 2 Jan 26 61% Jan 11 18 15% May 79 7 14 % Feb 9 24% Dec 26 % Feb 9 ' 28 12 40 20 35 50 31% Nov 23 60% Aug 13 44% Apr 5 31% Nov 27 35'% Jan 17 17% Jun 15 23% Oct 19 13% Jan 3 16% Feb 23 7 13% Apr Apr 11 43% Jan 31 Dec 39% Mar ' May 23 22% Jan 2 1 57% Jan Apr 24 2 *25% May 20 Distillers Corp-Seagrams 49 Nov 29 60% Aug 17 47'% Feb 8 69 May 1 Dixie 62 Dec 75 62% Jan 17 85 May 9 5% 3 32% May 22 2 11% Jan 2 9 12% Nov 29 16% Mar 21 12% Jan 72% May 28 95% Sep 75% Mar 12 Dec 10 13 7 Apr 14 Divco-Wayne Corp May 29 56% Mar 20 24 % Jan 42% Feb 12 16% Nov 23 21% Feb 3 17'% Jan 2 57% May 13 19 % May 9 10% Jun 12% May 23 11% Jan 17 14 6% Oct 1 237 175% Nov 29 67 1074 May 20 203% May 16 110 Mar 27 176% Mar 103% May 28 83% Dec 26 99% Jan 3 Jan 20 38% July 12 39 Dec 28 50 44 Dec 11 53% Mar 83% Jan 33 "43 Dec Dec Nov 14 5 28'/a 2,900 16 % 16% 16% 16% 16% 16% 16% 16% 2,200 48% 49 48% 49% *49'A 49% 1,700 22% 22% 48% 22% 49 22% 22% 23% 22% 23% 43% 43% 43 % 43% 43% 43% 437a 44 5,800 3,300 41% 41% 41% 41% 41% 41% 61% 41% 61% 41% 64 *61% 63% 15% 16 EXCHANGE CLOSED Jan 24 Jan 31 12 29 24 11 Jan 22 16% Jan 10 50 47 May 22 14% May 17 48% 493i *48 49 "35% 37 *35% 37 *35% STOCK 6,200 10 > 16% 47% 37 16 8.300 48 700 37= *35% : 50% 51% 50% 51% 50% 51% MEMORIAL 51% 51% 32% 32% 32% 32% 32 32% DAY 32% 31% 2.700 32% 31 "2 *31 31 % 25 25% 24%, 33 *31 32 *31 - 24% 25 14% 7,700 100 > 5,100 >.i 147a 14% ;v.* - 25 Va -25 24% 14% 14% 32% 32% 31% 31% 31% 31% •317 a 11% 111a 11 11% 11% 11% 11% 65% 66% 66% 67% 2,500 11% 66% 66% 65% 66 82% 83 81% 81% \30 % 31 30 30% 32 i >- * 2,200 2,600 5.600 ■ ' 83 1-83 29% *10% *83% 88 1,300 30 30 % 3074 2,900 10% 10% 10% 1,300 10% 13% 13% 10% 13% 10% 13% 13% 13 13 Va No par No par 1 77 80% 76''4 78% 78% 79 % 78% 79% 20% 21 20% 20% 20 21 % 21 % 62 62% 62% 21% 63% 63 63% 18,100 X55 56% 55% 557',, 55% 56 % 17,200 18% 18% 19% 19 19 *10% 11 10 % 11 8% 9 87a 10% 62% 63% 55 % 56 ■> 18% —1 18% 18% *10% 11% 11%. * 11% ' 9 9% 5 No par No par 193% 196% 192 194 % 194% 196% 104 104 103% 103% 104 104 86 86 _10 36% 36% 8% —' — 86% 36% 36% 36% 100 196% 10,700 199 103% 103% 84% *84 36% x357/a > 800 200 85% 36 % • 7,000 :>/V/20/ *39 40'% *38 40% *47% 48'% *46% 48 % '43% 43% *42% 43 49 49 *47% 49 40 48% 48'% *45 47% 50 48 *45 48 40% *39 *47% 43% *43 " *48 49 *48 49 *48% 49% *48% 49% *46 48 *46 48 15% 1,000 13,800 8% 48% 40% 48% >14% 6,100 14,200 12,400 . *43% 40% *43 * 5 — *85 V2 84 % *47% -50 50 50 50 50 50 :— DWG Cigar Corp 13% 3% 4.10% Feb 50 — 4.20% 54 49% _i—1 4% 50 17% Jan 16 -5 50c preferred _! preferred preferred $2.10 preferred 49 48% Jan 15% xl4% $3.75 preferred 46 May 16% Ltd—^12 1 $4.15 preferred 46 i 15% (E I) & Co— 7 42% Jan *62 64 *■61% - 2 Duquesne Light Co common 2 29 Jan v, 1 25 Preferred $3.50 series 18 Feb 52% Jan 19 14% Jun 47 s* 54 6 "44% Dec 43% Jan 1,300 28% —_—No par 49% Jan 29 Jan 39 6 27% 28 Preferred $4.50 series 1 37% Apr 44% Feb 347/a Jan 27 31% 27% 14% Common 52% Jan 18 46 Feb 89% Feb 8 31 27% 27% 27% 27% 28 27% ———— Duplan Corp du Pont de Nem 1 5 6 31% 27% Dunhill International 15 9% May 27 Apr 121% Feb 31% 27% Limited USA IncI Drewrys 1 28 31% 27% Dresser 7% Mar 102% Dec * 'an 12 Corp 15,900 X31% Chemical CoIndustries Dow 2 Jan 6,200 No par 29 20 5 31 2,700 16% 32% Co— Ltd- Dover 21 20% 16% 28 Douglas Aircraft Co— 82% July 10 10 20% 16 % >:16-;>; 16% 'U—— 27% Mines Dome 16 16% 130 84 20% 20% 21 20% *80 31% conv 14 23% Dec 3 Jan 16 Cup Co common Dr Pepper 14 Jan 50% Dec 18% Dec 21% No par preferred series A—1-50 Dobeckmun Co (The)— ——-1 14% Mar 19 91 44% Nov 20 57 20% > 80 .——50c Diana 14 11% May 17 24'% May 10% Jan 84 76% 14 % Corp Stores 14 34% Jan 17 26% Dec 26 *80 Lines Inc 15% Jan 4 9% Apr 5 23 84 cumulative preferred Diamond T Motor Car Co— 29% Apr Sep 39'% Apr *80 $1.50 6 12 83 75'% *76 ' No par 50 Mar 29 34 25 83 Diamond Match common— 13% Aug 27 9 80 Power <fo Light Air May 25 29% Nov 29 *77 13% *12% 10 37% Mar 13 31% May 13 31 May 23 20% Feb 21 80 DeVilbiss 'Co————————15 Devoe <fe Raynolds class A 2 Diamond Alkali CO— ,'-10 *50% May 21 39 Jan 31 Jan 21 37 43'% Dec -32 2 Jan *78 Co—13.50 3 Denv & Rio Grande West RR.No par Detroit Edison ——— 20 Detroit Hillsdale & S W RR Co„100 Detroit Steel Corp.—————1 18 41% May 21 65 80 % 48 47% 300 6 20 Lack & Western Delaware 38"% Dec 48 33% Jun 25 64 7 51% May 15 25 '78 , Hudson— & 26% Apr 25% Jan 16% Apr 30 80 50c preferred 22% Apr 29 18% Sep 79 & Co common 7% 28% Apr£5 13 82 50c Inc *80 100 Dayton Rubber Co 47% 47 % -100 series D series C Preferred 3.75% 3.90% Preferred 35% Feb *5% 6 100 series A 3.75% Preferred 34% Jan 36% Jun —.-- — Jan Sep 25 26% May 28 5% May 22 29 5 5% Dayton 4 Mar 86 60 7,300 11% Daystrom Inc 49% Apr 15 ; 11% 'A 11% Corp common—2.50 convertible preferred 20 5 Vo 3 40% May 11 11% 82 8 12% Dec 18 25% Oct 8 27% Dec 25 4,000 57% 82 82 11% 80 12 Dec 18 84 11% 11% Davega Stores 6% Feb 27 5Jan 12% Jan 29% Jan >8% *82 5 River 1 Feb 81 9 58''a *82 84 *82 84 57% 58% 57% 1 100 Corp common preferred series A Mills Inc——— 3%% 75% May 31 99 20% JUn Dan 6 95% Mar Sep 27 12 Dana 12% Jan 7 4 Jan 96 19 76% Dec 59% May 20 86% Mar 1 12 10% Feb 31 22 83 49% Feb 79% Jan 56% Nov 23 1 Dec 21 79 . 14% *46 " 14% 14% 42% 42 42% 38% 38'A 38% 27% 27 3A 28 28 38% 14% 14% 42 38 14% V 300 1,600 E * '' 36% Feb 17 48% Dec 5 40% Feb 12 47% Jan 11 43% Feb 14 57 % Aug 8 35% Apr 2 51% Jan 4 37 % Apr 19 26'% May 16 30 % Apr 3 30% Mar 13 40 77 V* 81% Mar A 26% Nov 28 29% Jan 75% Jan 23 54% Dec 17 23 100% July 17 Dec 18 170 51% Jan 23 66 150 / Apr 12 Oct 29 22'A Nov 30 30 Jan ' 74 17 94 Jan 10 35% Nov 26 r '■< 50 Jan 3 Dec 90 3 Nov 15 16% Jan 30 21% Dec 18 32% Nov 29 41% Jan 5 2% Nov 28 32% Dec 14 11 Dec 27 21% Jan 20 106 May 16 ' * • 47 4% Jan 34 3 Nov 20 17% Mar 20 34% Dec 13 May 31 41% Feb 81% Feb 13 13 • 4% % 5 158 % Feb 6% 28 64% Jan 14 27% May 8 81% Apr 11 May 24 40 Jan 16 90 Feb 91 Apr 31 8 1 21% Jan 9 11 2 40% Apr 25 Bros 4%% Ekco > 4%% Mus 14% Jan 38 7A May 31 9 & 10078 -100 1 — Amer —5 47% Jan 52% May 10 5% 65 May 5% conv 29% Dec 27 31 % Dec 28 29 % Jan 15 40 El 28% Feb 13 38 May 14 May 17 27% Apr 9 34 May 20 Emerson 30% Sep~12 31 13% Jan 3 19% Dec 20 21% Nov 27 31% Oct 1 *" 34% Mar 9 5 Nov 23 98 25% Jan 11 32% Aug 9 23% Mar 29 *87 19% Dec 31 Jan 70 Dec 7 86 Feb 58 Dec 12 71 July 18 For footnotes see page 26. 2 53/4 Mar 19% Feb 32% Feb 84 Feb 27% Jan 18% Feb 8 15 6% Jan 21 Jan 9 14 7 15 35% Apr 10 15 893A Jan 14 2 12 323/4 Apr 203/s Jan 3Q 7 713/4 Jan 3 77 Feb 1 59 7 62 Feb 28 Jan Paso 2nd Natural _ _ 4% 5% Erie 79% 150 33% >33y8 33% 1,300 89 *86 90 *78 79 19% 19% 1,600 37 % 37% 6,900 3% 3% 2,600 33'A 33% 33% 33% 33'A 33% 1,600 11% 11% 11% 11% 36% 33% 38% 39% 37 —10 *20% 20% 20% common —25 337a 337a *33% 1,700 37% 363/4 37 5,900 *50 % 51% *50% 51% 63 62 63 *62 63 38% 31% 6% 11% 36% 51% 36 32% 6'/a 11% 363/4 38 32% preferred series A Pittsburgh RR Co & 1,100 3% *61% 38% 38% x38% 39% 36,000 36% 39 373/a 37% 16,900 31% 32 32% 32% 5,500 36% 32 % *85 30 % 6 6 % 20% 34 , 6 *20% % 34 6 Va 3.400 20% 20% 1,500 34 34 34 *84 85 6'/a 6 30 85 85 84 84 30% 303/4 30% 30% 30% 30% 4,800 lp% 19 19 y8 19 Va 19 19 Va 5,800 18% 18% 73% 733/4 *72% 73% *72 73% *72 73% 50 *53% 60% *59 60 % *59 60% *58% 60% .. 700 88 30% _100 No par 600 20% * 100 1,900 37% 63 % .8.50 ****** 54 26% 20 51% preferred • % 3% 36 % Erie RR common *86 90 26% 26 • 54 3% 5 Equitable Gas Co 33% •148% 54 3% 4 63 % Emerson Radio & Endicott Johnson Corp 26 *78 . 151% 19% 4 Phonograph Empire District Electric Co 53 , 590 37'A *50% Mtg Co 9,900 19% 3 Electric 9,500 102% 150% 37% „50 Class B 55% 19% *50 Gas 54% xlOO% 37 3 preferred 55% 19% —50 preferred 533A Mar 14 54% - 38 % 117 a 13 *86 79% - 19% 37% 30 Oct~31 90 79% 77 37 37 % Jan 5% Dec *86 1,500 17,000 40 39 •150 33'A 11% 57% Dec 25'% 78 33 v > 40 997 a 100% 26% 77% 33% —10 50 • 26 % 79% 33% -15 common- 10 ' 27% *78 ;• 54% Elliott Battery—. 151% x26% »A 1,400 10,700 ... 79 99% 53% 37/a shares * v 54% 99 *150 - 56 1 -100 .2.50 , 793/4 53 151 % 55 % Elgin National Watch Co 12 3 55% 33 % Co 78'/4 7974, 53% —10 Apr 44% Feb ' 79 *150 Ind Electric Storage 6 38% > 27% 38% —2 preferred 1 2 27% 38% -100 Elastic Stop Nut Co Electric Auto-Lite (The) 3 30% Feb 27% 38% Co common— —10 Stores Ino common 4% Apr 11'/a Jan 27% 99 preferred 35% Mar 8 -100 Products Co common- Electric Feb >38% Corp— -•—5. preferred Manufacturing Co—: Eaton Edison 23% Mar 21 77% Mar 15 33 41% 37% Fuel Assn com_ —10 Kodak Eastman Mar 12 & prior preferred Stainless Steel Eastern May 29 4 oas 41% 39 f. —10 Corp .n 41% 37% - 58% May 13 102% May 31 53 18% Mar Eastern East Apr 30 41% 1 : Airlines Inc Eastern 150 30% Feb 3% Jan —10 Eagle-Picher Co 200 — *■4- ' - , , 5643 185 ~ Number Volume . The Commercial . . and Financial Chronicle (2571) NEW YORK STOCK EXCHANGE STOCK RECORD /■' Range for Previous Year 1956 Lowest 4 Lowest 29y4 July 17 15% Jan 20 Mar 23 20 ' 22'A Feb Highest 13 1 59% Dec 14% Feb 26 5 42 3A Apr 38'% May STOCKS NEW YORK STOCK Range Since Jan. 1 Highest 20% Dec 1 Apr 30 26 53% May 29 65 Jan 15% Jan 3 'A Jan 24 15 16 Jan 11 20 12 10 May 29 ll'/z May 15 151/2 Feb 26 12 15% Nw 21% Oct 25% Mar 16 ' Apr 6 Peb 75% Mar 2 10 Oct 31% Jan 7% Jun 11 J 18% Dec 27 27 Dec 367b May 14 36% May 7 21% Sep 10 ' Oct' 53 1 -nMay 135 May 19 Peb - : Z 10 ; Dec Z 3 33% Nov 29 Dec Peb ' : 12 ■ 13 99 12% Peb 27 Feb 7" 34'A Feb 12 18 Hi/2 Mar .5 49% Feb 19 2 44% Jan 62 Apr 18 10214 Mar 9 144/2 Jan 11 43% Jan 11 93 Feb 12 111 Feb 4 13 159 July 6 IOO Mar 5 84'% Jan 134 ; 3 30% Oct 24 8% Peb 24 41% Apr 18 13% Nov 28 35% Feb 114/2 Jan 11'% Apr 11 97y4 Mar 20 86 16% Mar 22 July 18 Feb 9 Dec 11 79% Oct 4 38% Apr 94 Feb 2 13 Mar 29 24 110% Apr 17 ."16% Jan 9 24'A Jan 8 69 May 28 80 14 9% Jun 8 94/a Jan 3 6% Feb 4 114/4 July 19 9% Feb 13 49% July 20 42% Feb 32% July 31 43 Dec 6 28 Apr 36'A Feb 12 9 30% Sep 28 : 38 Jan 23 6 Jan 4 31 Jan 9 14% Dec 12 3% Jan 4 54% Dec 13 July 16 16% Aug 13 6% July 5 51 4% Apr 31 51 Jan 26% Jan May 22 Dec~31' 142 Jan 2 Jan Jan 10 10 Feb 26 1281% Jan 17 97% Feb 13 Oct 25 35 138 Jan 13 Mar • 15 86 ■'> '43 123% May 1 12% May 15 10% May 9 Mar Apr 132 convertible General Baking Co Corp 5 '4% 24 1st General May 20 5 67% May 20 19% May 15 45% May 22 Oct 1 31." Nov 28 12 17 May 25 29.",. Nov 19 33% Jan 31% May 2 4% Feb 12 60 9 4 Dec 18% Dec * 2 19 46 2 Apr 40 44% 29 4/4 1934 .DWTKT 34 % Oet 102 :/ Feb 13 33 96 Nov 27 ' 121% Apr 5 175% NoVv 28 i : 86% Sep 12 24 12 12 May 28 <;May 6 55'AJau. 100 Jan 25% N0v 27 37 % Sep - 45%/Dea 13. 52 'A Sep * "• 50% Jan 2,100 30 - 541/b 543^ 3,300 26 23: > 26 2,200 56 54;! 4 48'% 55% • 4834 10 38% 39% / 55 57'A 48% 21,500 98 Va - 98%; —2,600 102 •1014/2 48 :%" *481% *9%. 10 *93a 39 39'A 39% *93% 96 12% . 12% *12% 12% 58 '/a 58% % 581/4 n ii % - 56%, 57% 40% z. 40% *89% 63 *128 138 90l2i . 18 48% (a 5,500 / 4,800 1,100 * 623Z *126 131 90% 90 5fi'/n 200 90 56% 561/4 ' 18'A 900 <' 40% 93 621/0 129 18 240 , 19,000 18'/ a 13% 7,900 50'A 49% 50',2 11,400 14% 11% 105 58 3 b 401/4 *89% 62% - 48% 49 11% < 8,900 81,700 56% 14% 14% • % 2:i 90% 56% 1734 ' 12% 58% 57% 93 129 90% 56 'a 2,900 58% -40 'A 62 97 1': *12% " • 57% 40% *39'% I *93 57% ' 93 62 ' 1,400 10-. 38% 96 14% *14% 15'% 1,100 11% 105 -11% *15% 19 Va)* 19% 19 'A 69 70 11% ll3!f 106'A - 105 15% 7 ' \v-9% 3 123% Jun 6 ' Jan 18 ' 1061/4 106 V4 16 *15%- 19% 69 19 % 69 1,000 3,200 . 16 100 19% *69% , 93 % 107 < 2 1 3 31% Nov , - , 8 *' 24 Mar 20 Z 40'A May 31 7 23% Jan 22 . 97% Mar 21 90 Jan ' 34% Sep 28. 41% Mar 9 <34% Feb * 3-> Sep 1* 1 Mar 14. 5% Jan 163 • 1 Jan 23 Nov - 25 3% Jan,. 159% Apr 23 89 % Mar 23 Dec 84 : 66% Feb i 2 28 2 4 ' May *1 24,600 70 130 -May 71. 88 May 29 95'/* Apr .25 < 35% Jffi&y ■\ 39% May 29 / • 91 6% 6% 6% *32% 33% 33 15'/a 15'% 15i/a 15 „s Glidden i -4% Apr ,20 .5 . 3434 5 5 59 *54 35% 33% 100 .*991/2 5 *54 ..37%. .38'% 801/4. 804/4. 34% ... 37% 9% 132 9% > par -45 27 70% Feb 12 36 Apr 18 60'% Sep 13 31% Feb 7 84 -••44 Va 1% Dec 27 : 3 ; '29% May 28 7 34 Peb 9 34 Nov 19 77-' Dec 31 .36% Aug 9' 60% Dec 18 V 45' , .38% Oct 2 2 25% Nov 20 18% Dec 27 14% Peb 9 79% Dec 27 Feb 17 7% May 18 23% Mar 130% Dec 31 ,70% May 25 3 41% Aug 10 108»2 July 17 46% Apr 3 . Nov 29 ; 19% Oct. Jan 99 - 5% Nov 29 ,25% Peb 14 2% Feb 14 20% Mar 16 1% Jan , - 12 59% Jan 31% Mar 13 May 31 36'/4 Feb 86'A Apr 15 5% Mar 12 6% Apr 18 . 29»/2 Feb 12 74 % May 29 40% Feb 25 1 20 11 130 85 ...Jan. 14 45% May 15* Feb 11 8 70% Apr 26% Jan 18 33% Mar 12 21% Oct 18 % Feb 8 21% May 16%.Aor 30 89 13 79% Jan 10 30 . . 2 174% May 10 14% Jan 2 96 80'A Jan 15 For footnotes see Jan 3 page 26. 21% Jan 138 78 Jan 11" 22 Jan.11 30% Apr Feb 4 1" . 23% »' . *23'A t 417% 45:!i • , *83 • /;;•'• 591% 60% 58% 60% 61'A 62 Ve 62 66% 65'A 66 65% 66% 66% 67'% (Delaware).l *18% 18% 18% 18% 18% 18% •187a 45 44% 44% 45 457% 44'% 44% 6'% 6'% 6% 63A 443a 1 6VA " 42 62% Va 85 .-4% 38% 6.67 107% 84% 84% *36 '/a 37'A 64 41% Z 18 > 1 36'% 100 6474 2,700 42'% 42 427b 5,000 85 34 32 t 80 'A -. 1,2001,500 257b 257b" 4,200 33'% 33'A 3374 42% 107 107 1551/2 —100 —100 159,-;.- 1 -105 v? *152 8.7% 87'%. 42'b 42-V>3 *93'% 95? ■ ./ 94 f 34%!": 34%i/,' r -_~ ——10 • 53%. .4 —10 ; r--l 54'% , 94 ". ; - : 95: 53% '.•934/2 39'% 8J%. r 87% ZZ 41' 414 267;, 8'% ' 55 25.% . No par/ - 26_%, . ... 8% . *90zz. 91% ,"90 ; {, -91'% • *90 26'% 914/2 1 85% Va — P_- 53% preferred. (H L) Co 50% *33 100 81 1 Inc.— - 6 % ...34% X75"2 . •' '4 % *158 71 1 : 84'% »; 6,000 ■;|z 4% 91'% 355% '• 357a 4%- 163 1 * • ; 4,200 . 4%- •158 2,900-- 163 •/, 73% 74 4/a ; - : 75;.. 85% 84 35"'2 35'% 35% 54%. 53% 54 'A: 1% 10,700 • . : 8% ■•. 34% 53% 1% 1% 8% 35 ,' ! 8% . 1%. 85 '9,500 534% ' 1% 8% 1% ; 8% ■ 28»% 28'b ' ■ .507%: 507a •8% ; 28! 50'%' 507a 33%. 33'a 33 Va x33 33 33'/4 81 79 79 *76 79 78 .1,900' 78 : . 6»4 6 «/4 34 %'' a 6% 70Vi 34'A ' 75 V2 6 »/4 34'A 75i a < i: 6'A 34 3 4'/» 74'% 75 2a 7% •-50'/< 6!A. 34 6,800 12,200 ' 34 2 8'A 1,700 r * z 87» 28% 50%~ . ' 28%- 1,000 - 50% - 5 ,900 - . . 900 30 63a 5,7.00 . 34 , < 1 9,000 75 75 42% 43%: 42% 43 4.2 423., 43'A 43% 43'% 8,700 21% 21 Va 21 !»2 217a 21'% 21'/a 21'A 2,000 133'% *72'% 1344%.. 74 . 28 Greenfield Tap & 20 3i 20% Grevhound Corp 16% 10% 82 82% Die Corp..No par (The) common.^.! preferred 1 .10f> 53% .1%' 28'%.. 4 Va % ■ 21 'A 100 __1 i 9,500- r ' Z134V% 54'Ar ; 8%' 28 Va. 100 Bay & Western.RR: Green . . 5 __ 34% . l°«r. (The)-—ju—x-5 ... 600r i 26?'a j • : "4 132 133'% *73 74 - 131 131 >131 4/2 *73 74% a 2<4% 23 28'% .204/4 20'%. 20% 20 Va 167a 10'% xl6'% 18 'A 83'/2 *80 83'% *80'% 28 4 *80 V 4,000 284,400- ' '34% No par 5 —12.50 '• •;. 26,200 T ,41,.:.: - *90 36 35% - -v -» i<* ; . 40Vz '' . • * ■ — . 35%, 57 Va. „ 417a "20 i/v 50 400 840 :, 36% "387a; »8% Z. '8% : 20'% 40% 4 343b n ' ...5 95 % ' z- 54: 377a ♦ ' 80; *. . , 3,400 20,500 150'%,., ; 88 ' * 25 -Z, 107 156'% " 44^00 908,100 834% *101 Z 34 ?,% r 347% Z 201/4 ,:• 81% 88 *93' • 24% ' i 104 J' 873 4 "Z - 4i:i:';4i4/t.; ... • < 155'%! 158 34'% i 377% h .... ".104 ;< 97% ; 83% 1,400 . 'A 15/04 '• 25v 337% r34'% 53'% 53'% Z / . 38%.. 3.6%. " 82 159. '/4 1 15/64 *24% 105 Z , 87'% ; ; t ' 6,800 *. 1774." 25% 41% 82 80% 7,000 487b *33 15/64 24% 3a .24% v 32 15,300 ■ . 487a 25% 42 ' * 1774 ' 84'% . 33 VA X41% - .24%.. 25%%:. . ...100 Co.___:______ 421% 15/64 > 1 com.....2.50 new.. 334%; 42% 20 5 397b' 31'% 17% '•«' 48 900 ' 34 4% 17% 'ft" Vo 39 47% 25% 85 *33 5 39'/a 31% ?Z. 17% 47 '/a 25 4/4 1,200 64'A 39 31% 33% v 33 % . —10 _Zio _ 25% -25'A l 310 10774 •367b 4% 1734" 107% 80,300 64% *33 5 31'A 2,600 j 43 36'% 42 ' 387o 46% 48 7%>00 2,200 84% *64 34 47A 38% k300 ~ 63 109 427b 108 4^500 - 36'% 4 2 4/4 *33 62'% 99,200 , 84% 64% 4 19 •107 42% . ... • 108'% 31% 4 7Va. 6'% 63 5 *17% 10 1,200 109 39% .31% ...IOcZ 16,000 11% 42% 33% . 12% 62% 42 3 x33i/4 10c w_5 Corp Signal. 12% *11'% *107'% 65% X41»/2 90 12% 11% 42% 37'A - 40 100 129% 62'% 108 4074 129'A 109'% 85% 65 •< *40 132 42 4/8 . 109 *36 VA 40% *129!% *107'% 42% 108'A No par 62 109 108'2 No par _ 6% 62 —1% " com Gt Northern Iron Ore Prop..No pa.r_ 'Great Northern Paper Co.: 25 Great Northern Ry Co.i_„.No par Great Western Sugar com_>__Nopar Green - 67 b 3preferred ; Grayson-ftobinson* Stores 7Vo Z > 627b 65% 40% 132 - 5,800 n,jsV ■ 0® 5 No par 400 500 45'A 85 ZZZ.l & Utilities Co ; 23% Z^45,A: 85 12% Co Union 1,600 • , *11'% No par .250 900 9% 130 1134 .. .- fi'% 130 - ' *. 35'A May -8 85% DAY ■ 3,400 2,200 86 *11'% Oranite CR.v Steel "Grant (W Ti Co common - > 11'A . Grand .6 *<^<5 38 11% • 2 /" 997b 37'% ;_io : series.: Graham-Paige Motors Granby Consol M S «fe 317b<Apr-, J6 46% Feb 3574 Z '•>' ' jt,f: .45 * Gold <fc 9 25 % Feb -il " 78 23.'A 44% 4,700 - MEMORIAL - /2 L500 • 60 - 12% ' .13% Jan *54 "400 • ■ 12% -Gould-National Batteries Inc -.4 ; Grace (W R) & Co.—_1 i ,"' 2% Apr Z8; Apr 149»/2 Jan , 2 8% May 17 • - 9% 13o 7,500 :" . 57 b 35 85% 9'% 85 < 36% May 13 57% Jan 2 CLOSED 13„ */a *83 . • 38% : : , 15'4 ^•994/a. STOCK -37% 9% 132 . 48% Mar 12 i 35 85% / 6 .:",' EXCHANGE ,*23'-4 ,23.'% 45%:' , .•••■ 9% 132 f/z ;23%. * . ;*• Z 'Z 'Z ■ 99'% 80'% Z 132% ..23VA .. 28'% Noy 30 44% Jan 16 99'A 37% 86 V 34'% A 99'% 99% 7% 34 15'A 5% 60 4% 59 Goebel : 6% 33'A 15 *40% 1$4.50 preferred—-:—. 37% J£tul4 6% 33 , '' /(The)—..^, .--1-10" x35,% - - 36 Z? > j ,'.357%' •35% Brewing Co ■,,, .—; i: ; 47a .4'%. .4.%./ or ,4% Stock Telegraph Co. —100 ,"160 Jan 21 *158 ■"• 1637 ...• *158 % 163 •• ' 70% May 13 ', } Goodrich Co (B F>__v.__._, .——10 707% 727% V • I3ty : ,74%,' "" 86% May: 24 Goodyear Tire & Rubber.... -_5 86 85 8434 ; k . *129% Refractories.. (The) ■'! 12% Gimbel Brothers common •-. »Mar 18 6% : /■ ■ 41% preferred—/.L... Gillette 27 ' '•May 23 467b 3,100 200 1291/2 — - 4 6'A 33% Z . .*• •. 46% Mar 26- 1 5 jqo Gerber Products/ Co Getty Oil Co common • , 8% Feb-5 1,900 40 3A 5 5.12%/ cumulative preferred—100 Georgia-Pacific Corp—..____ -.1 • 8 46% 44 12% conv preferred. preferred/...". $5 46'/a 44 *54 / 62% May. 8 %■ / ; 2,500 44 *40% 4% % • 44'% 43 :% • 129i/4 General Tire & Rlibbef v 4% % preferred—, 177. 400 .43% 44% 6% 3.700 297b 47» a *32% B'b 10 43 29'% X46% Va 9% 42'% *29»% 29'% X15% M00 8 10 43 29% 1 common.. Corp... - , - % 47% ■ 7 Apr 23 9 *42 Z 29 % .'83 % General Telephone Corp Rights "when issued"/^ General Time ' ' 7 Jan Apr / 45 'A Jan 2 8'A 8'A % 43 30 100 Shoe Corp_____ General Steel Castings Corp 8 8'% 9 9% *42 43% No par Service— Railway 8% z ' •General 30Vz Mar >7 '■ General 10 43'A 29% » Utilities General Realty • ■19/64 May 20 78 25% Jan' 21 12 54 % Aug 23 '• ; 8 ' 90 12 ; 8 45'A May ■ Public 81/4 9% *42 "4 par com common General Public 10 37% Jan 25%.Apr 26 -8%rOCt~31 .79' 4,000 f" 28%' 103 1 '•• 103. 25% 71 No par .General " 23 108»% Jan ,' General ! Mar 20 27'A Mar 19 90 • 400 25% 15% 8% 'j ~5o Advertising 15 General Portland Cement Co...: 1 General Precision Equipt Cory—^..l $1.60 conv preferred. 9 "18% Jan; * 6 39% Feb 5 4 5 May 20 39% May 22 8 32% Feb Oct. 16 12 May Mills Preferred $3.75 General Outdoor 34% May 17 16% Mar 18 ~22' 66% Apr May 27 10% Dec 100 8,-700 53 % 19% 70 r 28% - x283A 105 V • 53% 16 - 19'A 26 28 29% Z >103 2,500 53 34 *9% 107% _/l ; 29 4/4 105 99 . U% 106 28'A 3,900 1 33 '% *25% 102 18% *15% _5o ' Corp Corp preferred——. $5 1 Apr Dynamics 5% preferred General Motors ' Mar 32 30 24 Jan . 68 25 24% Feb- 2 General May 10 91% Feb' . 47% Nov £9; Jan 44 . Jan 23 ' 4 115% Jan 21 42 29% July 18 36 / Nov 7 : 115 ' Jan 27 7 53% Dec ( '60. 27% 97% 14% *11% t com Corp General Instrument Corp.. 11 Jan " ' - General 69 34% Mar 12 28 • <24% Nov 29 6% 12 36'A Feb 381/2 Mar 28 34 • 22 8% Jan - 107% May 29 84% Jan 2 35% Aug 24 5% Aug 20 : 34 Oct 28»/4 ■ 19'A 33'/a 26 3,300 '/a 2 Corp series preferred. 68% Apr 12 37% Apr 3 75% July 17 534% Peb 24 22 12 % Jan 108% May 27 384% Feb 25 16 1011/4 Maris 1 Feb 6'A Feb 1 49'A Mar 20 1241% Feb 27 14% Jan 59% Mar 19 18 I22V2 Mar 31 14% Fetr 40 73 % Dec 9 11 34% Jan Apr 26 50% July 23 10% Mar 20 10 66 -33% 48'A 131% . com._No"par General Finance Corp General Foods 153 -19% 33% *25% >101 4/2 48% •50% i General Electric Co.: 15% Feb 27 Dec *19'A 25% . 64'A .14% 5 7% preferred General Contract 52% Feb 19 11 407b .Jam 19% 33'a 08 :- 91 18 10 T, 2 65% Aug Jim 50% Peb • 35% 102 41 /' 93/ 5 ; Inc 21 31.: Peb t 23 35 % 96% 57, 100 Co 54% Jan f 4-0V 2' 231/4 >*93'/2 56% ■V. par ~ com.ZZZZNo preferred Cigar 13 90 40'% DAY *101% , .590% " common 59% Dec '34% Oct 23 ' inn _T Transportation._2.59' 1 29% MEMORIAL 23% 354/2 .54% . ••• .57 ,X131% preferred—.ZiiO 3 38 40% 25% Hi i .X63 VA .. $8 preferred— General Bronze Corp— General Cable • 46% May 24 6 Co 5 40% May 28 . 40 35% .57% V 62 * 53'A . .:12% x58% 1,400 7,000 23 29% 96 .% 6,300 . • 15% 23 »/2 *103 , 12% 15% *C0 t" 25 34 " 40:% / 6 * 35 '/a 215 & 49% . CLOSED 61 33 Z „•. 57% .. j 17% Jan 6% Dec 31 ! 16 *60 594% 6 401/4 *19% = 56. *93 ^^...100 13% Jan 32% Oct 26 X39% 100 common 7 4% Dec 15 3 4 61 1,500 3,300 72 583A : EXCHANGE 100 16'A 25 Va " *67 STOCK 6 3.900 6,200 35% 54'%-. Z-»9% ,10 Inc.....r__ZZZZZ'~2 Dec 17 • 6 ■ 23 25% x49;. . 10 •< (The)... General Amer Apr 30 26'A Jan 11 81% May 20 40 6 52% Jan 23 i 72 57% .,,59 'A 15% *60 40 .33%, 40% preferred 45% Oct i *67 6 15% ' /, 40 *89 4/2 — $4.50 preferred General Amer Oil Co of Texas i 135 6 12 Dec 16 1 1 Investors 25 9 134 Dec 58 4/4 G 62. '51—~13 6% convertible preferred General American May 16 30% Jun 85 : —Z—_2 Inc"comllZIl 44/2% 41% Apr 24 88 80% Dec 110 71 x57'A 6 54% - 1 of *67 59'A 25% 71.. /General Acceptance Corp General American Indus 35% May 20 22% Feb 27 13% Dec 27 19 23 341% Feb 11 15 Jan 34'/2 Mar 13 May 69 x53»A z_5 Garrett Corp (The).... Gar Wood Industries 14 101 Co Gardner-Denver 52% Mar 18 May 20 41% Nov 23 61 25 .. No par — 2 72 10% Aug 30 17 Jan 5% Jan 99'A May 29 5 24% Jan 23 108% Dec z.;i6y4 25 . No par Inc common convertible preferred Gamewejl Co (The). No 'A May 22 15% Feb 2 <22% Dec 28 43 16 24% 99 5% 8 36% Jan 9 19 73% 11 4 Dec 106% Mar Gabriel 8% Jan May 3 141A Jan 30 30% Nov 1 Oct 16 25 102 Gamble-Skogmo 54 32 Z 37 60% Oct 119 16 Va 24 va .,.28% <.28 'A _.293a Z30% 103 »'e .103% 5 ser Fruehauf Trailer Co 4% preferred 10 6% May 28 39 99% Sep 24 4 16% 98% Corp._____T____ 24 45 46 y4 Mar 26 9% July 17 33'A Jan 27 35% Jan 3 Dec 16% 24% *101% chern Corp convertible 45 Apr 36% Jan 29 : Machinery & 8% Apr 10% Apr 11 25% Feb 125 13,000 12% 33% Franklin Stores Corp 1 Freeport Sulphur Co10 Froedtert 14 3,000 10 Va 12'/a 13,400 G 6% Dec , Jan 53% 10 12'A 6.25 Foster-Wheeler .Corp.. Francisco Sugar Co.—.I..CINo 3 Jan cum pfd Foremost Dairies 3 12%Jaa 53% 10 'A *12 __iou comraoiu 3%% preferred Ford Motor Co-_x_____ 52% May 21 17'A May 53% 10 12% .25% Z 5 Corp. 1_ __ 3'A% 29 15% Apr 24 18% May 13 23 Food May 14 18% Apr Power ;"V $4.20 div 59% Mar 19 12 41% Dec 26 9 25 May 15 92 2 13% Mar 12 3 Apr 25 100 Food Fair Stores Inc common 6574 May 15 53'% IO1/4 - % ,2 Florida Power & Light ~Co—Nopar 3 Jan 16 : (The) Rights 54 10% *12 23% 35% : j 35% *19% 194/2 No par com preferred.....—; Florence Stove .Co.__I___^ Florida 53% 10% 12% X23'.2 ZZj-ZZZ--1 $4 '■ 54 153A ~i (The) Carpet Co.' Flintkote Co • 44% 5 8'A 'i0 Tire & Rubber com preferred.— - 44/2% 43 3A -6. 2 50 Firth 58% May 31 88 54% Jan 14 r 10 53 Corp.—; First National Stores.... t 59% May 8 y:' % May 16 i 6 6330 Mar 12 78 •" 44-/4 %4 .. com_____5 cumulative preferred— Firestone 8 July 21% Jan '22 Feb 41% May 22 94 Feb 21 18 35% Feb May 27 43% 16- Fifth Avenue Coach Lines Inc.VJ.lo Filtrol Corp.—_Z l_ , Y 51% Jan 23 V 12% Jan 4 911/4 Feb 50% Aug Jan 44% 40 Bearings Electric Co- conv preferred Fidelity Phenix Fire Ins NY. 2 / 106 , 11% Dec 31 , 66 - 43 5 Bower ^4% cum 2 44-/2 16% 24% - 5 Federated 9 83% Mar 18 77 ' May 29% Jan 101'/2 May 14 47 Mar 12 9% May 15 3 Si's May 28 16% Dec 27 ( 57 22%' 16% ■=■60 zFibreboard Paper Prod 103% Mar 11 Z 16 Nov 30 82 ■ 8 7 •ft May 14 V 83% Dec 10 109 Feb 54% Aug 14 41- Peb ; 25% May 20 54'A Feb 12 21% Mar 12 16 Feb~13~ • 98 Jan 221% 16% 1 Paper Board Co Ferro 22% 16% 10% 50 Dept .Stores.. Fenestra Inc 14 26 Jan 41 • 36% 51. 32 • 22% 16% .50 Pacific 4.80% Shares 24% 16% 54 Z~2 Federal the Week May 3 L 22% ■>12 __1 B Federal 10 471/4Jan< • Friday May 30 16% common Mogul Sales for Thursday 23% pfd 1953 series conv Federal 33% May 27 27% Apr 2 26 common Metallurgical Corp 5Vz% 31 27% Feb 12 >105% Mar 14 Nov 23 141% Feb Feb Dec 61 -92 V Dec 27 12 20'A Jan 31% Jan 1 91% Jun 27 98- 21 110%Jan 5 106% Jan 101% Nov 14 447 25 1 Mar 26 - 11 Mar 26% Apr 29 30% Feb 23 - Feb . 61% May 13 40% May 20 27% Jan 21 1 43 61 1 Nov C 68 4 19 39% Mar 23 Z Fansteel PRICES 43% Z-lZZ-'-l Corp series Fedders-Quigan Corp 254/b Apr 30 32 18 Feb preierred SALE Va 23 "3 Farwick Corp_____ 23 18% Mar 12 44% Nov'29 May 16% Apr 14 37% Mar 14 ; 26% 12 14 31% May 100'" • 23 51i/4 Feb 30% Dec 26 Aug 14 26% Nov 29 29% Nov 29 ; 62'A May 13 7% Jan 14 5% Apr Brewing HIGH Wednesday May 29 May 28 16% """ ■ Family Finance Corp 5/o 24% Dec 4 Falstaff 25% May 31 36 25 <: 22 13'A Feb ' Corp 5 Fairbanks Morse & Co No par Daircnild Engine & Airpiane Corp.l Fajardo Sugar Co.. 20 • 24 41% Aug 17 13% Peb 23 29% Feb 1 J 16% Jan 44% Febll 7 14% Dec 5 55 10 43% Jan 17 ; Tuesday May 27 _ 7 53 % Dec 5% Dec 17 ' < 22'A Jan " 68% Sep 20 31 ■ Ex-Cello 17 7 Par Evans Products Co.. Eversnarp inc 16% May 24. 51% Apr 16 10% Sep 26 15% Dec 28 } 10'% Dec ' LOW AND Monday EXCHANGE *73 132 1,500 60 ' 74»b 28'b 287a 20'A 20'A 16'/a 16 7484 1.200 < 900 10,000 120 19- 20 The Commercial and Financial Chronicle (2572) Monday, June 3, 1957 ... NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previou» :-v;. Year 1U5G Lowest 27 % Jun 8 35% Jan 3 y% Nov 23 Vz Dec 12 21 98 34% Jan 2 14 Grumman 34% Jan 24 28 "85% Jan 152 May 13 Gulf Dec 90 17 Sep 19 3 6 91 Jan 7 98 Apr 23 Jan 24 96 Jan 105% Feb Sugar Scates Common $4.44 Shares 24% 25% 25% 26% 25% 26% 11% 11% 11% 11 Va 11% 11% 800 29% 29% 29 % 29% 29% 29% 29 Va 29% 1,500 Utilities *76 77 *76 77 *76 77 146 148 144% 147% 144 Va 145'A 39% 39% 39% 39% *76 19,800 77% 148% 149% 23,200 *39 Va 39% 4,100 Co- No par —„ dividend preferred—lOO $4.40 dividend preferred-™ 100 29 the Week 11% $4.20 2 94 Feb 108 40% Apr 26 93% Feb 5 Friday May 31 26% Gulf Mobile & Onio RR com__No par $5 preferredNo par Gulf Oil Corp__ 25 42% Mar 20 Sales for 'ihursday May 30 25 11 23 PRICES 11% 16 325/8 Sep 26 83% Dec 27 SALE HIGH Wednesday May 29 May 28 _i 80% Jan 12 AND Tuesday May 2/ _1 32% Jan 7 107'% Feb 100 Cjorp_ Guamaxiamo 29% Mar 21 Mar 14 103 % *eo Aircraft Par 1^74 May 10 147 % July 26 83% Jan Monday EXCHANGE 74 % Mar 39% Mar 23 76% Dec Jan 9 LOW NEW YORK STOCK Highest 24% May 28 13 a™ Jan 29 STOCKS Range Since Jan. 1 Lowest Highest dividend preferred 39% 39% *66 *86 90 *86 90 *86 90 *9C% 92 *90 Va 92 *90% 92 *90% 92 *93% 100 90 97 *93 Va 97 *93 Va 97 *93 Va 97 *40 41 H 39% Dec 17 58% Feb 10 20'/2 May 4 39% Feb 45% July 25 Nov 19 92 19 Jan 24 27 87 Jan 24 Nov 26 130 Nov 30 Sep 18 33 31% Feb 9 Feb"15 48% Dec 21 Hackensack 89% Jan 17 Halliburton Oil 24 ,•20 May 31 93% Apr 23 31% May 2 Sep 18 42% Mar 29 146 41% Feb 7 20% Mar 11 107 33 13 71% May 13 24% Dec 37 20 28% Jan Hail 11 11 45% Jan Watch Co 25 May 22 18% Jan 13 23 13% May 28 26% Dec 20 24% May 3 39 Mar 29 27% Mar 1 ; • Mar 27 9 5% May 28 32 Apr 12 Mar 12 23% Feb 28 49% May 22 14% Feb 15 17 Aug 17% Nov 25 Feb 11 27 76 Jan 9 73% Apr 46% Apr 5 Jan 19 Dec 3 60 85% Nov 15 101 '23% Oct 25 34 Oct 17 15% Dec 31 36% Nov 29 110 Dec 21 45% Dec 20 45% Dec 3 27% Jan 23 2 54 May 5 86% Jan 7 90 Mar 6 16% Feb 20 18% Jan May 25 23% Mar 29 24% Jan 34 % Mar * 3 21% Mar 15 15 Feb Jan 14 Jan 21 17% Jan 33 33% 33% •33 33% *33% 6% preferred-™ 100 11 47% Jan 27% Feb 12 12 40% Jan 1 15% Apr 78 80 Oct 2 21% Dec 12 9 % Nov 27 18% Dec 31 9% Dec 26 99 2 Jan Jan 3 80% Feb 25 85 Jan 7 19% Feb 22% Jan 121/2 Jan 25 9% Feb 10% Jan 10 Hires Co 12 24 v2 May 29 Hoffman 11% Jan 10 Holland 1 13 19% Apr 26 Hollander 23 Nov 15 19% May 31 22% Jan 11 29% Oct 17 321/4 Jan Holly 16 5 5 28% May 22 33% Feb 11 31 31% Dec 5% Feb 16 35'/a Jan 30 89 26 Dec 4% Nov 23 21% Jan 23 12% Feb 10 % Dec 26 35 24% Sep 25 75 Dec 11 83 Dec 26 90 Dec 26 41% Jan 3 12 Dec 20 15% Nov 29 74% Jun 64 Jan 10 59 52% July 17 103% Mar 16 8% Jan 32% Apr May 5% Jan 2 25% Feb 18% July 11 16% Jan 40 Aug 6 36 28% Jan 3 25 96 Mar 6 102% Jan 28 Jan Jan 22 3 85 Apr 88 7 15 26% Mar 19 10 99 18 July 26 July 17 18 7% Jan 13 4% Feb 25 41% July 3 24% Sep 21 23% Jan 2 13 13 66% May 15 14 May 31 79 May 23 16% May 31 « 8 89% Apr 14 85% Apr 6 22 8 4 Hussmann 33 •32 15% 15% *15% 41 112' ►111% 57% *49 Va 36% 13% 68% 900 200 3T 36% 37% 37% 38% 37|% 37% 37% 37 37 700 14 13% 14 13% 14 3,200 67'A 67% *66 84 *82% 84 21 *10 23 21 Va 10% 10% 100 24% 23% 24% 17,300 9% 9% 93/4 9% 1,100 16 Va 161/4 17% 4,400 19% 17 10 Va 23% 16'A 19% 29 29 36% 37 Va x36% 36% 36 36% 10 60% 61% 60 Va 60% 60% 613A 34 Va ; 5 33 Va 33 Va 33 % 33% 33 Va *90 Va 92% *89% 91% *89% 1 5% 5'A 5 Va 5'A 5Va 3 com 27 *26% ' 300 7,400 33 39'A 700 29 29 29 29 '/a 4,100 78% 76% 76% 90 76% *76 Va *85 Va 87 97 95 95% 58% 59'A 59 59Va 5 8 3/4 1 13 13 12% 13 1 10% 10% XlOVa 10% 3% 3% *3% 3% 3'A 100 9% *79 30 9% 68% ; .'•% Va 14% *79 85% 86 ■/:■./, '■/- ' ; /.■ 85 Va *84 85V2 97% *94 *94 97% 59 STOCK 13 13 EXCHANGE 10'A 10% 3% 9% 9% 68 Va 68 <14% V ' 80% 79 583A 9% 5% 5% 35 35 34% 34% *17% 18% 17 17V4 171/4 10 57% Oct 1 41% Dec 44 "21 Nov 35% May 72% May 29% Jan 51% Mar 17 1 51 Jan 19 28% May 28 43% Jan 21 40 5 Illinois Illinois Power Co 8 9 53 Apr 5 50% Dec 43% May 27 11 47% Apr *55 Jan 9 44 491/4 Apr 52 Dec 27 45«/2 Jan 4 44 48 Jan Dec 53 Feb 10 45 1 20 46% Apr Nov 13 27% Jan 23 3 7% Apr 19 11% May 11 50 % Mar 13 59 Feb 13 Dec 31 76% Jun 52% Dec 20 Dec 8 20 20 9 85% July 20 165 Feb 5% 5% 7% May 27 29% May 28 9% Apr 39% Jan 14 73 88% Jan 8 < Feb 25 148 Jan 16 13 69% Mar 20 79 Feb 12 99% Jan Apr 30 55% Jan 23 13 20% Jan 42 % May 28 85 May 23 52 Jan Jan 27 % Mar 25 35% Jan' 7 35% Dec 31 4 May 28 Dec 6 28% Sep 21 25% Jun 22 69 Nov 21 78 Jan 23 9'/8 Nov 26 98% Nov 29 67% Dec 12 15% Feb 7 41% July 25 174 Feb 32% Mar 12 33% Apr 11 88 Jan 38% Feb 32% Dec 13 7 28 Feb 9 18% Dec 27 30 Nov 30 ,23% Dec 18 33% Jan 10 120% Dec 17 12 76 May 2 115% Apr 23 12 3 11% Feb 144% May 7 106 % Mar 13 21 % Apr 19 94% Mar 26 107% Jan 11 90 86 Aug 19 May 17% Jan Feb 9 8 13 103 % May 9 124% Jan 14 20 38% Jan 2 70% Mar 13 38% Jan 16 44% Jan 2 30% Feb 13 35 5 29% Feb 12 58 37% May 13 6 49% Jan 2 39% Mar 16 15% Aug 27 30% Feb 12 13% Jan 7 14% Feb 19% Jan 2 32 30% Feb 21 23% July 18 34% Jan 5 27% Jan 10 56% Nov 19 130 Feb 7 24% Jan 2 43 % Feb 12 122 May 2 68 Feb 20 May 22 33% May 10 32 Apr ■ Jan 28 130 Jan 22 $6 45% May 23 Breaker 3% Feb 4 29% Oct 15 21 Va Apr 30 28% Jan 27 28% Feb 11 40% May 21 Jefferson 8 91 Jan 28 Jersey Cent Pwr & Lt 4% 56 May 23 83 55 Mar 14 Dec 27 102% Feb 6 43 Va Oct 2 58% Apr 5 67 % Feb 1 42 Va Jun 8 94% Nov 30 35 Va Feb For 3 footnotes 85 Mar 21 62% Nov 105% Feb 72 see Dec page 15 May 47% Jan 83 May 17 43% Feb 11 69 Feb 27 26 61 26. 11 24 Jewel 23 r-ca/ , 76% Jan 2 — 17 Tea 3%% Co Johnson -Jones ' & & 8 *7V4 7% 73/4 7% 400 1,100 29 Va 29% 30 29%, 29% 11,800 82% 83'A 83 85 Va 86 86% 5,100 150 •150 155 85% 83 84 83'A 84% 8 4'A 843A 5,000 44 43'A 43% 43% 43V4 43% 44 Va 2,500 23% 43% 42'A 86 *150 42% 87% 86 *32% 29 *73 110% *23'A 28% 28'A 300 % 288 8 6% 28V4 292V4 9% 32% 29 Va 28% 75 ♦73 111% 109% r 10 9% 32% 22% 97 96% 117% 117% No par 25 39% 40 Va 45% *32 35% 64 Va 118 39% 75 * 111% 9% 102% 91 23 22% 97 95% 118% *116 39% 40 15,600 70 33 500 30% 10 Va 10 101% 15,200 10,600 103 91 700 22% 22 22 2,400 96 95% 95% 116% 116% 118% 45% 45% 31% 32 36 36 36'A 35 11,100 *89 33 Va 35 Va 6,900 112% 45 32% 62 873,600 *32 45% 66 7% 39% *32 50 2,700 40,200 35V4 40 45% 200 1,100 75 111% 91 33% 34% 29% *73 10% 101 % 28'A 297 30 146 *32% 29 Va 29 101% 7Va 35% 146 32% 110 *45 35% 7% 35% *73 10 24 28% 292'A 146% 43 87% 28 Va 7 Va 92% 22 Va 23% 42% *86 294% 35% 75 97 *23 87 Va 146 29% 91% 100 23 Va 42% 155 28'A 109% 93% *150 290 3/4 . 7'A 102% *23V4 *86 35%. 93 Va 155 42 Va 23V4 101% No par 40 45% 160 500 2,600 400 300 23,000 62 62% 64 - 64 % 65% 32% 32% *32% 32% 33 33% *32% 33 Va 600 13% 13% 13% 13% 13% 13% 13% 13% 2,800 29% 29% X29% 29% 29% 29% 29% 29% 2,300 31 % 31% 31% 31% 31% 31% 31% 27 27% 27% 27% 27% 27% 27% 27% 1,800 50% 51% 51 51% 51 52 51% 52 2,300 ♦121 122 *120 Va 5 43 1 Inc 6 *121 43% 43 122 43% 44% 4,800 17,000 6V8 5% 5% 5% 24% 23% 23% 24 23% 23% 38% 37% 39 39% 40% 39% 40 pfd—100 *82 Va *82Va 83 83 83 *82% 83 55 55% *55 % 55% 83 *81 83 83 com 5% 6 1 55% 55% 83Va 83% 5 Corp 48% 50 47% 80 80 80 1 54% 4 *81 *23% • 48% 80 10 A——100 Co 43% 24% ,_100 Manufacturing 43% 55% - 83 *81 5% 48% : 49% 49% 80 80% 80 400 6,700 70 1,300 10 50% - 4,900 80 1,000 53Va ' 2,900 122 38% common Steel 43% ►121 1 Johnson™-—™—12% Laughlin 122 5 Co 3,800 31 50c — Sulphur 5% Preferred series Joy 47% 47 30% 32% preferred Johns-Manville •» 61% Jan Lake 50 30% 32% Co Jaeger Machine Co 52% May 13 12 45% Mar 12 93% Mar 8 Feb 89% Feb (F L) *45 • a . 30 3A 146% Co 48% Apr Jacobs *45 49V4 29% 1 1 9 47% 47 35 Va common 19 6'A May 24 44 43% 49>A' 5 13 80 *42% 3.50 Nov 94% Mar 14 3,700 83'A No par 22 Va Dec 8*% Aug 31 44% Oct 15 4,100 11,200 303/4 146% 100 32% Oct 10% Mar 19 40 *41 Va V *45 36 Co Coal Circuit 44 •45 148 preferred I-T-E- 29 , 55 29 x54%, -V.: 82% 28 Va No par Power Creek . *7% 289 Dar Iowa Island May 14 , 47 23 Va Iowa-Illinois Gas & Elec Co__No par Power & Light Co„ 10 28% Mar 29 . 47% 35 Va common • 3,100 303/4 *146 Va com 17% 38% '.; 700 7% *86 1 Intertype Corp 54 16 3/4 '■ 10 33,600 30% 43'A 5 100 7% preferred i _25 International Telep & Teleg—No par International Utilities Corp 5 .Interstate Dept Stores 1 Interstate *45 100 International Silver 2 >45 .'• * 53A ' —No par International Salt International Shoe 19 47% 47 30% 80 35 30% 7 preferred— 1,100 84 10) common 4,000 43% 1 Int'l Rys of Cent Amer 5% preferred 40% May 23 51% Apr 23 37% Apr July $4 50 X150 Int'l Nickel of Canada——No par International Packers Limited 15 International Paper common.._7.50 9 2 44% Feb Feb 23% May 112% Jan 3 98 2 - 20 preferred 500 68% 14% 5% 43% r50 7% 100 No 10% *34% ■■■ 1,200 30 Int'l Hydro-Electric Sys class A—25 Int'l Minerals & Chemical com 5 4% preferred100 20 *41% 49% 30 Va t.No par Machines *42% 43% 49% *45 _—No par (expire June Harvester 7% 31% May 15 40% May 16 4 Int'l 32% May 29 25% Feb 10 144 13 14 9% Jan 104% Apr Dec 25 Jan Business Rights 44 *41% *46 1 Co_ *42% 43% 50% _50 Insuranshares Ctfs Inc Int'l 11 98 Va Feb Feb 34% Apr 20 29% Jan 4 38% Jan 156% Jan Steel 44 _50 preferred - % 43 & Light—No par Electrica De Mexico Interchemical Corp common 4%% preferred Interlake Iron Corp May 22 69% Jan Sep 13 43% Nov 29 29 2 ; May 14 10 3 94 38 145'A Jan 345 *42 Va - *49 Va _50 -100 pesos 6% 3 112% Aug 8 14% Mar 13 85 15 28 May 28 6% May 28 34% May 1 23% May 14 29V4 Inspiration Cons Copper 21 6 56Js 29 _50 common 2,400 *78 , 39'A 55% 29»A _50 Inland 2 92 Feb 38% 55'A 28% cumulative preferred Ingersoll-Rand 11 61% Jan 103 288 143% Feb 38% 54% 29'A cumulative preferred cumulative preferred 4.70% S A 11 156 38% 55% 20 .Industrial Rayon 4 42 100% Dec 38% 55 15 new Indianapolis Power 5 6 38 Va —No par Co common 4.42% cumulative preferred 4.20% cumulative preferred May 15 24% Mar 13 47% Jan 83% Dec 27% May 28 33 Va 31 ( ,-Industria 33% Dec 151 Feb 2 11 RR 4.08% 23 30 541/2 Apr Feb Central 4.26% 15 12 26% Jun 8 10 9 9 7.600 33/4 14 '•:% • 17% Co Idaho Power Co May 31 63% Jan 32% May 46% Mar 13% 10'A 67% DAY »•'. •'.'«» . 27% Feb Va 5% 35'A 6,200 10% MEMORIAL 'S 79 5% 35% 50 70 7 3% 14%* 1 59 10 % 12 CLOSED 68% *14% 50 pfd series A 4,800 39'A 29 14% 5'A 39V4 76% 69% 11,900 91 39>A 28% 9% /■ 22% 76% 14 V8 34% 5% 51/4 27 5% 28% 68 Va 34 *89 3/8 91 22% *95% \. 5,5C0 *263A 100 ..^5 61% 22% Power—No par com 1,400 263/4 76% *85% 363/tt 61 : 400 36 22 100 ; 900 29% 26% 28% 100 21% 19% *29 27'A 22% 39 *38% 191/4 '' 22 21% 39 preferred—50 Refrigerator 18% 163/4 19% 30 27 5,100 ♦lO'/a 19% 25 10 21% 9% No par Indust Inc 21 Va 10% *29 common 10 84 23 Va 19% America 9,300 9% 9%. 12.50 Co *82 Va 21% 29'/a — 110 53 50 68% 10% 112 *49% 68 23V4 10 200 8,800 *57 20% 21% V 57% *66 83 21 Va klll% ;r ' , 16 Va 40% 51 *82% 83 16% 112 70 33 40 19% common— conv £ 29 Va preferred series A 5% 16% 700 89 ' 39% *32 32% 40 49% *36% 52% -52% *86% 30 preferred Hupp Corp 112 37% 5 Corp & 39% 14'A common—10 convertible Hunt Foods *15% 58% 9% Sons preferred preferred 4.40% preferred Houston Lighting & 5% May 21 Jan Oil 32% 16 38'A Hudson Bay Min & Sm Ltd—No par 35% May 23 1,600 14 , £, 1.300 24 Va 36% tHudson & Manhattan com 100 5% noncumulative preferred—100 3 16% Jan y • 17% 49% 22% Howard Stores Corp Howe Sound Co 4% May 6 11% Apr 29 11 & Corp 4% 18 18 % Jan May 10 1% Feb 13 5% Feb Jan 17% 24 57% *10 20 17% 52 87 87 58 5 700 24 V* *51% 50 50c 400 ■■■■* 77 24 % 37% 1 Corp 25% 17% 1 Co 16 % 25% *75 17% 5 2.50 *15% 2,100 24% 33 1 20 44%' 24 Va * 52 57% *66 44 87% 111% . ' *49'A ;_50 700 33 "51 Va 111 % A_l 200 ;j *87,; 17% 100 — common—No par 5% - 40'A conv 3%% 26 12% Feb 52 39% series 2,100 . 88% - *32 Household Finance common—No par Apr 1 59% May 17 51% ->87 ___No par preferred $2.25 100 16% common—2 1/12 preferred Houdaille-Industries Inc Mar 13 88 7, 100 Corp Corp of 5% 29% May 22 8 23 —25 Electrochein $4.25 22% May 27 48% Mar 22 3% Apr common—- convertible Hotel 39% May 29 Jun Va Dec 10 3 23 4 28 % Jan 57% Aug 17 18% Jan 3 11% Apr 23 75 16 : 5% 26 75 Inc_ (A) Sugar Hooker 8 4 76% May 21 Jan 25% 76. Furnace Honolulu " Feb 16% 26 Va Homestake Mining— 10 Feb 6% Jan 22 911 19% Nov 29 97 26 15% Dec 21 27% Dec 39% Jan 3 28 83% Dec 3 4 84% Jan 10 105 71% Jan Mar 25 90 31 291/2 Mar 1% Nov 20 5% Nov 30 19 16% 26 % *74% (Charles E) Electronics 9 % Apr 56 *15% 76 v (The) 10% Feb 44 26% preferred 7 10 42% *26% preferred Hotels 45 2,300 25% 30 < *32 *74% J *15% Hilton 25 5% 5,5#0 36 ' " 30 100 Motors. Hertz Co 25% .-15 — 36 % 36 33 50 46 Va 30 *32 1,800 133 *35 Va 25 Va 33 20 3,800 >: 45% : Powder 12 40% Jan 44% 17% Hewitt-Rctoins "132 36% *5% 2,000 33'A 34 34 46 700 21 95 33 / 45% 16% . 24% 12 20 43 DAY 34 30 V- 5 Va ' 22% . 17% 25% Sep Feb » *24% 14% Apr 12% Dec 40 5 33 15,500 30% 5% 34 500 80 % 25% *30 • 34 Va 36 Va 36 40% 20 133 45% *35 % 36 ' 40% 79 21% 97 132 46 3 6'/a 25% * :V5% *33 — 25 Feb 30% 5% (W E) & Co, 1 Helme <(G W) common— —_10 7% noncumulative preferred—_25 6% Apr 11 18% Oct 22 17% Feb 25% *30 Heyden Newport Chem Corp„——1 3%% preferred series A 100 $4% cum 2nd pfd (conv) —No par 7 12 dist 36 x25% ^_10 common Co 36 ; preferred 4%% 22 24% Nov 5 .i_ liquidating (H-J) 5% 17 Jan 35% Hercules ; 17 64 Co.- Heller r 4 12% Mar *3o% V 21 *94 133 45% 36% 1 3.65%preferred 38% May 31 34% Feb 3 Co 3% % *132 46% *35% Inc— Hershey Chocolate 20% Mar 19 77% Feb partial Heinz May 16 50% Feb 19 19 13 Industries Ex 134 46% 1 i w Marx-i™- Hercules 13% Nov 29 33% Nov 61% Dec Chemical 61 21 133 2.50 Harris-Intertype Corp Harris-Seybold Co—™ 115% Jan 41% May 23 46% Mar 14 *93% 34'A i 10 MEMORIAL 33% 44% May 15 30 110% May 1 47% Jan 23 24 53% Mar 20 54 Feb 35 51% July 19 124 *22'A 33% Hecht 8 CLOSED 34 f 16 31% May 20 38% Jan EXCHANGE 22 % 22% Hayes Industries Inc ; 22 26% 79V4 95 4 1 Aug Va 2z% 21 '/a Harshaw 6 Jan 20 7d 22% 95 Hat Corp of America common 1 4 % % preferred-—— —50 , 2 STOCK 78% 22% - Va 22 Va preferred / Hart Schaffner & May 13 28% Apr 2 34% Mar 27 89% Feb Dec 11 13 40% 77% 22 95 convertible Haveg 37 76 Dec > 7 40 Va 78% 22 1 common 40% 78 % < *92 • 34% Jan 21 39 6% Jan 5 Harsco Corporation 32% Mar 25 8 47 17 12 39% Mar 11 27% Feb - 4 5% Oct 31 32% Dec 33% Feb 40% .. 5 x22% 4% c 29% May 28" 38% July 31 % 35% Apr 16 24% Nov 20 25 . Hammermill Paper Co 2.50 Harbison-Walk Refrac com new_7.50 15 Apr 15 48% May 17 Water Weil Cementing Printing Co„J—_ F) _100 ! 135 11 (W Hamilton 37% May 17 15 Feb 2 111% Jan May 28 128% Jan Jan 54% 52% 53% 53% 54% 54 Va 55 % 94% 94% 94% 95 95% 95% 96 96 70 71 % 69% 70Va 70V* 71% 71% 72% 23,800 250 8,500 .V7 -A';. Number 5643 185 Volume . . The Commercial and Financial Chronicle . (2573) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS k'ear 1956 Lowest Range Since Jan. 1 Highest - Lowest NEW Highest FORK LOW AND STOCK HIGH SALE Monday Tuesday May 28 Sales for PRICES Wednesday May Zl " V Par EXCHANGE May 29 Thursday May 30 Friday Week the • Shares May 31 ^ K 34% Feb 104 • 27 127 Dec 18 52 37% Dec : 7 44 " 3 37% Feb 12 3 100 % Apr 4 20 45% Jan 70% Aug 13 Nov Aug Feb 44% Aug 14 38 Feb 3 46% May 15 109% May 9 ' 49 13 Feb 39% Jan Kaiser Alum & Chem Corp 4%% Dec 21 96 1 78 May 10 83 92 Dec 5 1G3 Mar 13 88 May 16 102 Feb 96% May 29 Mar 97% Nov 28 108 Apr 89 Nov 30 105 Mar 87 Dec 28 103 May 22 71% Feb 9 37 Nov 14 24 Feb 15 13 1 4%% 24 Mar 12 Feb 18 4.50% 96 Feb 21 4.20% Jan 4 96 Feb 11 90 66 Apr 77% Jan 3 38% Jan 31 2 32% May 10 28% Aug 14 24% July 23 26% Jan 21% Jan 23 Jan 2 26 Mar 12% Dec 27 21 12 Feb 19 15 Apr 30 May 28 113 Jan Mar 27 Dec 48 23 12 37% Feb 147% Mar 14 12 1 42% Apr 25 Mar 53% Apr Dec 30 % July 16 31 39 % Feb 10 Nov 21 32% Dec 4 52% Jan oi i 40 47 Apr 58% Apr , 74 12 41 27 40% Mar 19 29 Aug~20 <49 Jan Dec 18 25 Dec 74% Mar 21 98 Feb 1 84 May May 28 Electric Co 38% 38% 383/4 38% 38% *38% 38% 1,400 *78% 80 78% 78% 35 % Jan 2 Copper & f94% -27% Apr 7 4% E J 31% Dec 26 22 Jan 10 29 % Apr 3 24 May 27 26 % May 4 54% Oct 19 47 Jan 57% Apr 26 34 % Jan 4 9 94% *90% 92% 99 *92 (S H) <fe *92 67 *34% 35 :,*F'3o X67 35 J/2 30% 25 % 13% 13% /'■ 41% 45 43% 44% ■\t Nopar xll2% . 114 113 44% 46% 44% 70 % 71% 69 % 71 30% 30% 30% 39 39 *39 1 1,500 *34% 35% 300 _'l 99 30% 30% 30% 2 5 Va STOCK 25 25 13% EXCHANGE 13% 14 443/a 443/4 CLOSED 44% 443/4 113% 114 1,200 800 2,500 /; 5,200 112% 113% 8,500 46 47% MEMORIAL 46% 473/4 24,300 71 72% DAY 71 3/8 72 30% 30% 30 3% 40 25 (111).. 67% 34% 13% 46 1 941/4 *67 25 % 113% 2.50 *90% *92 67 *30% 30% 340 96% 99 ' 34% 25 • 9 6 Va 94i/4 *92 67% 30% . 10 91 *88 96 '/o *90% 99 66% 67% 25% 45% 46% ZZl 100 G 5 31% 35 50 50% 100 *84 45 31% 34% 10 ... preferred' Kress *90% 91 % v'V 30% 31 39 39'% 45% 46 - .rV/: 5,500 900 300 40 *39% ' 45% 31 31% 33% 50% V *31% ' 34% 45% *31'/a 31% 33% 341/4 6,000 50% 31% 33% 49*% 52'/4 14,500 'A.' -50% 34% 50 - 451% . 1 . 8,800 1/ 300 • Korvette Inc.; I _ 1 85 84 84 84% 84'/2 84 350 /;85/v/v 18 18% 18% 18% 18% 19% 19% 20 26 % _~~i0 26% 26% 26% 26% 26% 263/4 26% 303/4 31 Co No par 31 31 30% Kroehler Mfg Co— .Kroger Co (The) 31% 5 X24 24 24% 24% ZZZZl 53% 53 % " 17 96 13% Kresge (S S) Co 2 30% May 29 *88 97 13% ' 11 91 *95% 30% KLM Royal Dutch Airlines Koppers Co Inc common Apr 10 '21% Mar 13 *88 97 25% * 20 91 *95% —III Wire Co. 80 ' 5 ______ 44 103 *78% 80 *78% 44% 103 *83 . ... Kimberly-Clark Corp King-Seeley Corp . : —8.75 ._ 4 43% 43% 103 No par ; Keystone Steel 43% Jan 29 & 2 17% Feb 50% Feb 800 x38% 50 3 65 % Jan . 45% County Land Co Kerr-McGee Oil Indus common 4%% conv prior preferred 35% May 22 . 45% preferred. 31% May 1 46 % Kern 7, 46% May 22 5 *45% 42 % 102 loo 43% Jan / 17 2,100 45% „ (Julius) & Co Hayes Co—_ Kennecott May 10 25 % Feb 29% Mar29 ' 4 : Power & Light Co Kelsey 47% May 31 11 33% May 23 82 Kansas 11 27'A Feb 7 "39 v May 28 103 % 45% preferred___100 Southern com__No par Kansas Gas Kayser Feb 39 6 61 7 18,000 103% 45% cumulative City non-cum 4 57% Feb 128 % Jan 1 24 4% 3 5 44% 104% 45% loo preferred Kansas 17 101% Feb 44% 102 % preferred 4.35% 4 46% May 23 *. " 43 % Oct 14 34% May 29 92% May 9 46% Jan 20 42% 100 .50 Kansas City Pr & Lt Co com_No par 3.80% preferred loo 4%> cumulative preferred.; _10j 102 Jan 33 % preferred. J: ; preferred 10 91 conv ' 14 - 78 cum 53% 54% / ,;.'J y.;;/ 5,500 3,900 • 31% 24% 241/4 500 53% 52% 31 % 24% - 52 3/4 53% 4,000 14% 2,000 3,400 L Sv 13 4 13 16% Mar 13 18% Dec 26 16% Sep 10 14% Jan 21 15% Jan 27% Aug 4% Jan 7 23% Feb 11 27 6 3% Jan 8 19 7 17% Jail 3 18% Jan 24 Nov 22% Mar 12 30 Jun 8 34% Apr 89 May 8 97 30 Mar 22 13% Jan 10 17% Jun 35% Apr 26 58 15% Nov 26 21 % Jan 3 6 2% Jan 31 Apr 24 19% Dec 28 Oct 2 25% Nov 1 1% July 15 5 16% Jan 4 16% Dec 28 74% Feb 9 8 Apr 14% Jan 27 July 10 94 9 2 17% Mar 14 10 20% Jan 24 $3 5% May 27 7% Jan 10 50c Apr 9 68% Feb 1 12 141% Jan 15 50 47% Jan 23 76% Nov 7 62% Mar 14% May 28 35% Jan 24 18 Aug 29 49% Mar 29 100% Jan 12 12 Jan 6 58% Dec 12 25% May 14 35 July 26 37% Dec 19 Jan 11 Feb 6 88% Dec 86 Dec 97 23% July 6 22 % Feb 96 27 102% Jan 13 11 104 Nov 19 103 % Dec 15% Dec 12 116 Dec 28 26% Dec 27 83% Jan 27 21 Mar 14 % Feb 28 *821/2 87% 16 15% 15 3/4 6,500 37% 37% 37% 37% 3,900 No par 14% 14% 14% 14% 14% 14% 14'% 14% Valley RR_ Valley Coal 1st noncum 1 1% 1% 1% 13/4 *13/4 1% 1% 18% 18% 18% 18% 18% 183/4 *181/2 18% No par 5% 1 28% 29 28% 28% 28% 28% 5 25 25% 24% 25 243/4 25 26 27% Feb Jan 20 61 - Dec 8 31 1,300 500 28% 29% 8,400 X24% 24% 4,200 17% 17% 17% 17% 17% 77% 78 78 78% 3,800 113% 11% 11% 11 11% 26,900 % Jan 31 Liggett & Myers Tobacco-com .25 7% preferred Lily Tulip Cup Corp...'. 100 146% 10 X61% 9 Link 16% Apr 16 Lionel Corp (The).: Liquid Carbonic 7 3%% May 17 Jan Jan Belt List 11 Co 5 convertible Industries preferred 100 90 2,300 70 'A 1,100 15% 503/4 90 : •;>/• 3,100 69% 70 69% 15 3% 153/4 *15% 153/4 15% 493/4 493/4 50% 503/a *81 90 *81 90 & 60 62 ; *81 100 8% 81/4 8% 8% 8% 42% 43% 43% 44 43% 433/4 17,100 20 19% 19% 19% 19% 193/a 19% 15,300 34 34% 35 34% 35% 34% 35% 9.900 35% 11,800 Lone Star Cement Corp... Lone Star Gas Co conv ...4 4.25% 4 4.35% .10 series D preferred. series E preferred 101% Feb 21 106 Apr 4 4.40% series G Long Island Lighting Co - series Lorillard 17% May 20 7% 4 B Co (P) Gas & Louisville & Lowenstein 7 El (M) 35% 113% 113% 35% 230 22% 22% 12,900 96 96 250 250 22% 22% 22% 96% 96% *95 97 STOCK -100 *86 88 L8 88 *88 90 EXCHANGE *88 90 100 *85 87% *84% 87 % 87 87 CLOSED *87 97% 100 104% 104% *103% 104% 10 17% 17% 100 ... *123 29% ...50 78% & Sons Inc —-1 3.33% * 12,900 113% *113 98% (Ky).Nopar Co Co 35% 114% 35 22% Nashville •Lukens: Steel 353/4 113% 98 pfd — Louisville 8 35% 114% 10 common preferred 30% May 31 35 *113 ...100 com preferred conv £ 34%, 8% 8% 100 „ preferred 25 24 70 4,000 r 61% 49% * 15% 50 1483A *147% 61% 44% Mar Jan *69% 65 Va 65 65% 148% 8% No par . Jan 29 70% *147% 61% 19% 4.84% 110% Apr 62 43% Corp.— — 92 * 65 65 % 147% 61% 1 Inc 89 93% Jan *81 65 147% 62% Loew's May 23 127% Mar 49% 65 % 147 1,500 Lockheed Aircraft Corp—.i-1—.-u—1 2 11 87 74% May 15 i8% Mar 15 70 *15>/4 15 common 86% May 17 2 65 2.50 Corp 5% 12 1,000 6 77% 7 45% Feb !; 11% 115% May 2 Jun *5% 76% 35% May 31 36% May 13 24 21 6 17% 28 25 % Jan *5% 6 11% Corp Feb 119 % Jan *5% 17% 3 Stores r 23% Jan 5 ,114 — «?■•£ 78% i 103 20 9 Fink f //■' 11% 57% Jan 26 30 % Nov May & pfd— -May 31 143% Jan 109 2nd noncum 5,900 1% No par common preferred 17% 83 4 15% Jan 871/2 157/a 53% May 13 25 23 *82% 1,500 77% 9 9 87% ♦85 500 1,100 / No par 22 Jan 106 34 16 72% Jan t- 1C9% Mar 28 19 19 33% Libbey-Owens-Ford Glass Co——.10 Libby McNeill & Libby. ..7 2 31% Mar 18% 34% 14 42% May 28 18% Feb 27 32% Apr 19% 34% 37% 64% May 13 Feb 28 7% Jan 18% 34% 29 150% Mar < 12 75 18% Jan 13% /. r 68 8 14% Feb 18% 34% 200 19% 19 Va 18% Apr 82% Jan n, 18 38 19% 35 Va 18% 37% Products..- 98 19% 15% Lehn 19 19 16 % 25% May 24 12 300 243/4 ■V'4. O/ 37% 19 15 *3% 16 30 Jan 14% 24% 4 *3% 37% 20% Oct 16% Feb 15 25% 14% *243/4 A- 15 (The) 21 % Mar 26 18% : 10 Lehman Corp 9 98% Dec 4 100 Cement 29% May 20 2 21% Oct Jan iVV preferred 12 Aug 12 87% 15 25% *3% Coal & Navigation Co Feb 64 10 *85 143/4 25% . Portland 26 163 % Feb Jan i7% 4 1 23 28 *34% Co 14 Jan 33% Dec 19 % common.3 ■.; ?:■: . Sons Feb Feb 8 T*n & 29% Nov May 31 29 3.85% 2% Jan May 15 63 6% Nov 29 Jan (James) 1% May 9 17% Feb 11 14 11 18% Nov ■ 26 2 43% Jun 18% Bryant Lehigh Lehigh Lehigh Lehigh Apr 18 % Mar 29 25 1 9 36 72% Feb Sep 14% 25% 3% '' Lees 4 84 14% 25 J/4 pfd_75 Pesos Mex La Consolidada 6% Lane ■ 4 25 common." Lee Rubber & Tire 1 20 24 Co preferred series A 4 12% Dec 49 4.32% 36% Apr 61% Oct 137 % Dec 4% Jan Gas 19% May 8 19% Mar 13 32% Mar 12' '87 La<"]»% Mar 22 ;r ."r.vv'v .• 14% Apr 25% Apr 3% Nov 125% 29% 77. xl7%. 17% 22% 223/4 *103% ' : 17% ■ 17% 10 *103% 104% 104 '/a 300 17% 17% 4,100 MEMORIAL 125 120 125 124 125 29% 30 30 30 293/4 30% 3,600 76 78 77% 78 77 77% 3,700 21% 21% 21:,4 213/4 21% 3,500 98 % 97% 99% 98% 100% 44,600 xl23 ' 21 21% 21 S5% 99 94 " 125 DAY - ■' - . . ■■ '/":'///' o'/v w;*?! 7 : ,: M 37% Nov 23 7.20 Nov 15 27% Dec 49% Jan 20 18 4 6% 12 32/ 10 Mack 16 28 % Feb 12 32% May 17 Macy 13 81 10% Apr 10% Feb 28 139 31% Nov 26 6 Mar 20 Mar 13 41 119 May 16 7% Mar 28 7% Mar 72% P eb 35 6 20 Mar 18 125 30 9% Apr 26 14% May 14 89 6 476 Jan 4 530 26 8% Nov 28 8 Jan 3 10 5% Dec 31 7 Jan 4% Mar 11 Sep 24 19 Nov 5 8% Oct 30 10% Apr 18 Jan 29% Nov 28 48% May 16% Feb 20% 3 1 Jan 40% May 26 4% Jun 610 Mar Jan 86% Jan 473% Dec .16 1 .50 Oil 5% 5% 5% *5% 5% *5% 5% 200 32% 33% 33% 34% 6,400 12% 12 12% 12 12% 4,400 6.25 29% 30% 29% 5 x28% 19% 28 Mar 1 35 % Jan 7 20% Jan 21 35% Feb 13 74 Dec 21 97 7 75 % Jan 8 83 73% Dec 21 96% Jan 4 76 8 83 70 Dec 14 87% Mar 2 70 Jan 3 28% Feb 6 34% Apr 56% Jan 3 28 Feb 12 9 53 Nov Feb Jan May 13 Jan 12 32% Jan 3 26% Feb 40 13% Jan 10 8 31 Mar 22 Jan 9 17% Apr 22 19 30 Jan 4 41% Dec 13 46 Jan 6 Jan 21 42 % Apr 30 12% Dec 21 15 Jan 16 12% Jan 2 13% Mar 11 69% Nov 28 83% Jan 24 70 Jan 2 75% Apr 38% Dec 40% Dec 28 32 Feb 11 47 34% Feb 11 13 76 Dec 18 95% Mar 43% Jan 23 54% Dec 10 17% Dec Sep 19 5 17 May 14 Mar 1 46% May 13 14% Jan 11 75% Mar 6 101% May 31 49 2 Jan 58 Apr 22 31 23% Feb 29 17% Mar 27 15% Feb '1 21"% Jun 12 16% May 28 20 31% Oct 1 30 33 Apr 1 39% May 16 82% Dec 19 41% Apr 102% Jan 16 85% Feb 5 93 19% Jan Mar 29 7 32% Mar 15 27% May 27 May 8 30% Apr 24 9 98 Apr 11 79 88 % Jan 2 45% Jun 26 21% Nov 26 27% Feb 6 24% Feb 35 July 11 Feb Dec 10 93 101% Dec 14 116 44% Jan 3 17"% Nov 20 23% Jan 48 Jan 27 64% May 10 Dec 28 102 9 107 9 July 19 61% July 31 3 May 23 May 27 29 Va 28% 29% 2,800 36% 363'8 36% 10,800 ♦81% 82% *81% 82'% *78 80% *70% 72% *70% 72% *70% No par X28% 28% 28% 28% 28% No par *51% 54 No par 15% common * preferred McCall Corp 8 82 May 13 25 97 Apr page 26- 5 *51% 15 15 *14% 27% 27% *41% 42% *51% 27% *41% 42% 13% 13 Va 13% 72 % 72% 72% 721/4 *71% 72% McGraw-Edison Mclntyre & 4% preferred series B Mengel Co (The) 45 44 433/i 441/4 44% 44% 44 44 44% 44% 44% 44 44 13% 13% 13% 13% 13% 133/4 14 *98 % 99 93 98 »/2 98 98% 99% x56% 57% 56 56% 55% 563/4 56 17% *17% 17% 17% ♦173/4 17% 17% V* 2,500 17% . 17 16% 16% 16% 163/4 17 17 38% 37% 37i% 37 % 38 38% 38% .100 1 100 27% 28 80 80% *90 273/4 80% 28% 80% 36 *90 93% *90 28% 300 700 1,600 93% 28aa 28% 28% 80 80 *80 81% *35 36 <35 36 3,800 150 30 36 Inc 3% 24% 24% 2434 243/4 24 24% 24% 24% 1,900 common Inc 16%c 33% 34% 33% 333/4 33% 34 34% 34% 9,000 Co 1 No par *76 79 No par 116 116 preferred— Mergenthaler Linotype Co Merritt-Chapman & Scott Co preferred series x36 93% 1,900 56% 16% 93% 1,500 2.000 37% *91 3,900 101% 5 $3.50 preferred *76 113% 79 *76 115 ♦112 79 115% *76 *112 79 115% *58% 59% 58% 59 500 900 No par 59 % 59% 58% 58% 12.50 20% 21 203/4 20% 20% 21% 21% 21% 26,800 58 58% 57% 57% 57% 57% 57% 58 % 900 5 pfd—100 *88 88 88 *87 90% *87 100 *99 101 *99 101 x97% 98 *96 98 91 *88 91 *87 90% *87 90% *80 83% *80 90% 3.85% preferred series 100 *88 17 3.80% preferred series preferred series 100 *81 83% *81 83% 4.45% 100 *99 101% *99 101 % ^Adjusted figure before 3 for 1 split. 130 44% 19 May 23 1,700 13% Feb 89 20 13 % 72'A 44% 86% Apr 103 * X-13 % $4 4.35% 42% 13% 71 % *41 % 13% 36 „ Stores Machine 700 1 1 Corp common 4%% preferred (1st series) Melville Shoe Corp common 2nd 500 27% 10 McQuay Norris Mfg Co conv 15 15 *27% 18 Inc ■ 700 53 __5 Mines Robbins Mead Co 28% 1 — Inc class A McLellan Stores Co. & *51 »/2 72 3 Co Publishing Porcupine McKesson 13 28% 15 41% Metropolitan Edison 3.90% 31 53 54 27% 9 98% Jan 15% *70% 28% 13 McGregor-Doniger 70 80 ' 72 41% McGraw-Hill 80 80 27% 18 108 % Apr 80 3 Corp common Feb 5 78 $2.50 preferred 50 McCrory Stores Corp common__50c 3%% convertible preferred 100 McCord 104% Jan 4 :' 78 27% Mesta Sep par $3.75 cum pfd 11 Jun 3,100 82% 62% Jan 92 25,400 ♦81% 1 102 32 82% 54% Apr 94 38% 31% *81% —... 8 8 230 85 37% No par preferred 24 4 *83 39 31% 21% Jan Jan 85 29 69% Apr Jan 38% 36% 1 Apr *83 31% 11 84 85% 38% 313/4 Feb 82 see 25 85 36% 36% Apr 95 footnotes 29 85% 37% Co $3.75 $3 85% 200 29% 19 6 2,600 36% 26 21 1,100 35% 2874s 23 23 333/4 35 X31 % Feb Jan 33% - 36% No Co_._————1 52 Jan 33% 35% 353/8 31% Merck 99% Feb 33% 35% 33% Va 29% 37% Apr 89 54 54 54 36% Mercantile 116 54 *53 31% 25% May 20 80 May 21 105% Jan 3 54 54 2,900 29 Corp Electric 39 % Apr 12 7,000 1947 series__No par cumulative pfd No par Master 34% Mar 21 29 % Feb 1,400 19% 5 Masonite 21% Mar 4 29V4 19 36% 100 — ...—— May Dept Stores common $3.40 16 29'% 19% 8 Maytag 43 % Aug 20 293/4 29 Va 33 20 17 29% 29 19% 35 25 13% Dec 29% 28% 19% 35% Feb 55 *53 29% 28% 19% 33 32% Feb 77 50 293/4 29 32% 30% May 14 39% Jan 4 Jan . 35% preferred 200 16 33% 12 com—..No par Co *15% 16 33 V8 12% common—...5 Corp & 16 16 34% 12% Marshall Field *15% 16% 33% *16 Marquette Cement Mfg Co....____4 Co 10 1,800 *5% convertible preferred 4%% 2,500 8% 1 , Midland Martin 39% 535 8% 8 28 39% *515 8% —5 7 22 393/4 535 8% 12.50 54% Feb Jan *515 8% Exploration. 3 47% Jan 39% 39% 535 *8% No par Bros 52% Jan % Mar 23 39% *515 4,200 1 Corp 91 39% 530 76% 8% Calculators Inc.. May 28 3R% May 28 39% 530 75% 8 % Sugar Co Marchant 48% Mar 19 (The)— Marathon 26 other 76% 2 17 all 753/4 2 Dec For 76 10 19% May 25 27 75% Jan 85 Dec 300 75% 33% Jan Feb 300 81% 75 —10 Mahoning Coal RR Co. 4% ,v 14,400 38 14 81 9% 20 % Apr 3 * 813/8 13% 18 24 82 81% 12% 11 Jan 97% Oct 81% *9% 16 50 80 81 % 9% 27% Apr 18% Feb 45% Dec 77 81%. 133/4 25% Apr 98 8 81% 10 *9% 4 20 Nov 2,600 Manning, Maxv/ell & Moore 11 33% Feb 31% 13% Maracaibo 24 81 X31% Manhattan-Shirt Nov 27% Nov 29 32% 9% 14 37 < 31% 133/4 17% Jan Apr 1 31% 9% 13% May 10 31 1 31% 13% 37% May 13 32 26 31% 9% 2 37% May Oct 31% 13% 7 '< 35% Mar 32 6,800 123 *9% 15% Mar 13 11 ' 29% 30% *120 13% 32% May 9% Jan 14 25 29% 100 Mandel 31% Feb 20 29% 30% 123 __i 10 31 May 15 29% : Nov~13 56% Jun 1,400 *120% 29% Magma Copper Marine 30% 120% 28% Garden..—.No par Square Magnavox Co 30% 120% 29% preferred series A Chef 8 30 123% 29% No par com 5% Apr 7 12% Dec Inc Manati 40% July 11 ; ,25 Magic Co 11 82% Dec . 4%% Madison 29% 20% *120% 5 , Jan 37% Nov July 17 (R H) 30 10 100 preferred Trucks Inc 2 May 27 51% Sep 26 29% Apr 18 32% Feb 21 54 MacAndrews & Forbes common 16 92% Jan 8% Nov 21 Dec 39% Mar 22 Apr 33% Oct 6% Sep 20 .86 29% May 27 27% Feb May 24 30% Nov 14 28% Apr 11 80% Dec 27 , 3 144 *97% 101% ♦97% 90% 83% 101% 10 110 21 22 The Commercial and Financial (2574) Chronicle.. .Monday, June 3, 1957 NEW YORK STOCK EXCHANGE STOCK RECORD Range for P^erlon» STOCKS Range Since Jan. 1 Highest Year 1966 47% Jan 20 26% Sep 26 ' Lowest 61% Sep 5 41% Feb 5 50% Jan Jan 6 30% Jan 2 37% May 21 33 > 40 Dec 47 142 Dec 7 29 % Feb 20 26 Va Dec 5 126 13 Apr 26 10 40 % Jan Mar 12 38 Feb 12 49 3 127 Jan 2 137 30% Feb 12 40 42% Dec 12 May 28 40 Jan Miami Copper Mituue 3 25% Mar 22 9 % May 24 Feb 4 ' 20 12 Feb , 22'/a Apr 12 19'/a Jan 10 19% Dec 23 22% May 14 17% Mar 21 23 90ya July 26 73% Jan 26 75% May 10 58 Feb 15 78% May 31 Dec 21 2 94 Mar 29 98% Feb 20 13% Oct > 25 % July 17 Jan Jan eiViSep i 31 17 58 < 4 24% Jan 3 Oct 8 88 Jan 11 79 Feb 12 Aug 30 33 Jan 3 22 Jan 29 25 Va Mar 30 Feb 11 35% Apr 25 Feb 13 28% Mar 29 95 •: v 76 v 22 105 Apr 29 14% Feb V 12 28 42% Apr 25v8 Nov 21 30% Jan i 30%'Hov 2, 16 7% May 28 15 Jan 3 49% Apr 30 37% Feb 40% July 24 26% Feb 19 12% Jan 10 23 3 30% Jun 25 36% Aug 14 17% Jan > 5 33% Jan- 49% Nov 29 «1% Jan 55% Jan 25 1 65% Mar 35% Apr 26 47% May 14 36% Mar 28 44% Jan :» t .t J 9% Nov 29 5 "7% Oct 2 11% Feb 29 f 60 3 76 Feb 20 i 67% Oct 2 88 Feb 20 14% Dec 31 22 Mar 23 Dec 13 Oct 21 > 8% Feb 67 13 Jan 4 75 Jan 2 14 May 31 18% Nov 29 16% Nov 29 52% Mar 19 18 May 13 11% Apr 2 30% Feb 28 28 Jan 3 24% Jan 39% Jan 26 , 24% Jan 33% Nov 22% NOV 29 r. 28% July 23 24% Jan 12 47 Jun 14 40% Jan 19 3 19% Mar 18 23 38% Aug 38 Dec 31 18% Jan 1 10 46% Apr 27 25% Dec 14 18% Nov 27 28% Mar 12 37% Dec 13 51% Mar 14 30% Jan 23 45% Nov Sep 26 30% Nov 20 9 32% Mar 21 7 40% May 10 14% Dec 31 18 Jan 4 45% Jan 11 36% Dec 21 29% Dec 31 42% Jan 4 35% Feb 2nd conv 29'/a 29 VB 28'% 28% 7,600 20 'a 20% 20% —0*8 20'% 20% 20% 20 Va 74 J/< 75% *95 73 15 50 96 15% 91 ! 7% : *21% 8% 26'% 2 47% Apr A '/ 7% 57% 7 J/2 56»% 57% 56% 57 42 40% 41% '40% 41 37% 36% 37' 36% 12,800 V* 19.800 • 30,800 * 9% 9% 9V4 56 J, 'z 36V2 ■37 36% 56% 56% 56% 4,;>00 ' 39% 40% 57'% 9% 56% 40'% 57 400 57% 1.600 9%' 9'% 9% 9%: 40% • 49 J/B 40 "4 9% -9% 68 % 68% 69 69 68'% 68 Va 67% 68 81- 80%' 80% 80% 80 Va 79«a 80 ' 15 ',4 14% 15'% 14 14% 1,000 22% 7 22'/a 22% 18% 22% 22% 600 40 : - 22 - 9% 9% 9% 22 r'; *15% 22% 19 19 f 19 *13 13% 35% ; 34% *18% 13% *13 2 : 34 VB 18% *13 34% 9% "•9% ■; - 11,600 ; ' 12,700 470 " " ' 18%', 18% ' 13Va 34% 353b 400 ' 34.200 ' 5 24% 25 24 '2 24% No par (The) 45% 46 J/b 45 VB 45% 100 *13 13'2 35% 34'% 407« 9% 24% 25 Va 45% 46 21% 21 Vb 21 VB 21% 21% ■ * 25% » >. "1" j 7.400 253b •46' 46% 3,300 Mining & Chemical— American shares Oil 21% Mar 12 25% Jan 24 14% May 14 13 19% Jan 3 35% Feb 47% May 20 21% 1 x34% 36% 34% 35% 35% 36% 36 % 36% 57,200 86, 36% 36 J/4 36% 36% 37»% 36% 37% 34,500 x22% 22% Co— Motorola Inc 40% May 13 20% Mar 27 47 27% Feb (John) & Co—: 21 VB 10 Motor 23% Jan 11 Motor Wheel Corp Mueller Brass Co Munsingwear Inc Products Corp .10 46 ' 411/2 5 21'/a 21% .1 j 28% 29 VB 16 16 5 1 38% Jan 11 42% Apr 12 24% Apr 15 30% Jan 4 43% Jan 7 50 May 1 Myers 24 148 May 10 130 Jan 8 Nashville 16% May 28 22 July 16 May 15 15% Apr 29 18% Jan 4 Natco 62 23 82 July 25 69 80% Jan 8 National Jan 1 Murphy Co (G C) Murray Corp of America. Mar 15 & 15% 45% 41 Va „10 - 50 (F E) 15% 3 Jan 'PiT; ' .1,000 lire Montgomery Ward & Co„No par Moore-McCoimack Lines —i_12 Morrell 1.600 • No par • 3.400 i 7% 7% DAY 400 32 40% 15 Va /•Montana-Dakota Utilities Co Monterey 690 26% 36%' No par Montana Power Co 4.70C Va 23% * 32 r 26 7% 56 15J/B Co . MEMORIAL 59% *80% , Chemical *22 Va 32% 43% : 7% CLOSED 22'% 57 %» -100 Tool 22% 31% *26% 22% ■ Monon RR class 16% 91 41% 1 _5 —1.25 Machine 2.300 10 lo% 90% 16'% 91 STOCK EXCHANGE 15 % 26% Monarch 6,800 95 91 32 t 78% 95 15 26 »/4 Inc 76'% 91 31% Co 3.600 76% 15% 26% - 98'% 20 - 32 Corp Development Co.. 18% 97 96 *95 18'% 97 Va * preferred- 4.20% preferred 1,100 18'% ,r 75% 76 *95, 96 22% 4 35% May 29 22% 26% Mar 8 28 J/4 26% 2 30 29% 1 common Class B 17% Apr 8,400 31% Monsanto 32% Jan 40 _25 8 14 39'% Paper— _2.5o Mission 40 39% 100 Ontario 1,400 J/2 29 «/4 No par preferred «fe 47% 134 Va 38 ' preferred 1st *47% 134% 134 38 Va 18 14 14% Mar 25 47 VB 133% 38 97 Feb 19 5,300 34 134, 47 VB 47'4 47 133% 184 • 3.200 37% 38','4 97% Mojud 43 "4 X42% 37% Missouri Pacific.RR class A—No par Mohasco Industries Inc— 5 3 J/2 % preferred : 100 18 36% May 31 40% Jan 7 48% 136 *32 24 *32 • 17% Jan 12 *32 35 95% Montecatlni 30% Jan 34 *32 . Apr 16 22 37 13 % 37% Jan 19% Apr 30 26% Feb 11 37 VB Mississippi River Fuel Corp _10 Missouri-Kan-Tex RR corn—No par 7% preferred .series A .2100 31 16 37 97% Mission . 6 9 37 % 18 J/4 83% Apr 22 18 37 VB 96'/a $1.50 >8 24% Apr 23% Jan 37% Minnesota Power & LightNo par Minute Maid Corp_w._—___3—.1 11% Apr 12 72% May 1 17 37% No par Minnesota 58% May 23 12% Jan 44 Oil $5.50 37% May 23 > 43 J/2 1st Minneapolis Moline Co 43% May 27 2 8% Mar 15 • / 12 43% 47% 1 14 9% Dec 36 V* Jan i 43% common Minn St Paul & S S Marie 11 •:! 29% Jan 44 133 % 91'/a May 31 Shares May 31 43'% preferred—.———100 Corp.— 10 Minerals & Chem Corp of Amer___1 Minneapolis & St Louis Ry_.No par ' ' Inc 5 $4 ■ . the We»;a ■Friday May 80 Minneapolis-Honeywell Reg—1.50 Minn Mining & Mfg com .No par 98% May 31 18% Mar Thursday 5 Utilities . 8% Sales for PRICES Wednesday May ',18 £.uierpuse„ Midwest 14 V SALE HIGH AND May 29 Tuesday May 27 lo — boutn Midland Steel Prod May 31 32% Jan Par Inc— Ex $25 distribution. , Aug 10 40 36% Jan Monday EXCHANGE MiCVancl 30 LOW NEW YORK STOCK Highest Lowest .36% *21 22% - 15% 45'/a *41 Va 22% 22% 22'% 22'% 15% *15'2 15% '45% 45% 41% 41'% *21% 21'% *21% 29'-i 29% 29% 15% r5% *15% 1,300 21% 29'% i 46 41% 21 % 21% 28 7 s 29 *15 % 16 900 22% - 15% - 15% tiOO 46 46% 3.200 *41 - Va ,300 42 1.000 1 2,100 " :-J 200 16 36% ' 36% 36 % .36% 36% 36% 36% 3,500 10 29% 29% 29 VB 29% 29% 29% 29%' 29% 3,000 No par Bros—. *46 % 46% 46 Vb 461 46 Va 46% *46% 108 "2 109'% 109% 1 b 48 200 N 118 Jan Jan 105 Feb 23 Feb 17 29% Jun 27 19% May 11 Nov 26 16% Mar 19 11 35% Jun 8 34% Oct 17 150 Nov 42% Apr 18 39% Jan 24 21 179 Feb 11 8 12 33% Apr 8 35 2 Jan 30 ; Chatt & St Louis- Corp 3 National Airlines 13% Mar 13 National Automotive 38% Jan 14 National Aviation 39% May 13 163% Apr 9 National Biscuit 13% May 27 15% Jan 9 National Can 46% Feb 68 % May 27 24% May 22 National Cash National 40% May 2 38% Mar 18 National 23% Jan Apr 11 20 Feb 10 26% May 14 33% Dec 6 30 Feb 12 34% Jan 23 42% Aug 14 34% Apr 30 25 %Jun 27 18% Apr 8 29% Oct 11 23% Feb 12 20% Jan 3 21% Mar 19 20% Feb 10 92% Dec 17 18V2 Jun 101% Aug 28 20 Jan 2 18% Jan 7 37% Dec 27 61% Apr 13 35% Apr 25 93 Dec 28 105% Feb 23 91 76% Jan 23 123% Aug 9 10 179 154 Dec 132 Nov 30 11% Jan 21% Mar 12 94 5 Jan 153 31 Mar 12 Apr 8 100% Feb 12 156 May 31 130% May 31 12 Va Apr 12 37% Apr 23 9 28% May 21 101% Apr Jan 14 16% Jan 20 20 10 17% Feb 64 Jan 20 80% Jan 28 77% Aug 17 87% Nov 5 65% Mar 12 33% Dec 33% Feb 12 37 % Mar 11 40 % Feb 12 £>1 Jan 36% Jan 2 42 May 31 36 Dec 13 Oct • 15 7 48 24 Jan 3 9% Apr 10% Dec 26 12% Feb Sep 13 12% Oct 11 17 Mar 29 13 5% July 18 8% Mar 9 12% Feb 27 14 3 13% 13% 13% 2,6uU 65% 66 67% 7,700 23% STOCK 23% 1,600 38 38'2 EXCHANGE 38% 39% 11,200 34% 35% CLOSED 34% 35 VB National 21 21'/b "4 10,900 '2,000 Natl 27% 27% 23% 29,500 94% 95 Linen Theatres U 11 National Vulcanized Natomas S 14% Feb 4 Nefsner Bros 18 85 Feb 26 17 Jan 2 86 Jan 24 17% Sep 21 97% Feb 20 125% May 6 14 16% Feb 19 Jan 16 7 99% Feb 13 87% Nov 19 74% Apr 8 23% Nov 29 33% Apr 30 Feb 32% Nov 29 47% Jan 3 27% Feb 26% Sep 11 33% May 18 26 Feb 25 76 Sep 26 91 78^ Mar 13 94% Jan 6 107 July 25 100 May 7 103 500 Jan 350 May 27 351 Mar 28 17 9 23 130% May 20 Fibre New 4 New York 10 N Chicago & St Louis $5 N N Y Y New Jan 15 Preferred 19 58 Nov 26 32 54J/2 Jan 4 23 76 73 Nov 28 78- Dec 31 82- Dec 11 18% May 25 33% Jan 5 €0% Jan 91 Feb 98% Jan 103 . 4 22% Nov 19 38% Nov 29 Jan Apr 49% Sep 7 19 16 25% Oct 28 88 104 Sep 8 19 13 73% July 18 26% Feb 7 16% Jan May 9 16 22 % Aug 16 43 77% Dec 41 13 Jan 50% Aug 111 Jun 3 8 5 38% Apr May 24 29% Jan 18 87 70 73% Feb May 16 73% May 28 79 Jan 14 83% May 22 18% Apr 10 33% Feb 12 62% Feb Apr 31% Mar 81 Jan 12 1 1 14 30 23% Jan 31 Niagara 39J/2 May 17 27% Mar 18 39'A Jan 2 23% Jan 10 48% Jan 2 May 24 Jan 4 57% May 20 107 18% 4,000 Mar 8 .1 Electric Gas i Share Corp & : .* Western 2 American Northeast - Central 18 ■■ 8 29% Jan 13 24% Jan 14 footnotes Northern Natural Gas Co 32% 79 *77 79 77 77 16% 85 121% 16% 16% 200 t . .. 1,000 • 10 16% 16% 16% 16% , 79 *75 *81 85 *81 85 *81 85 120 121 120 123 122 23,440 124 75:% • " ii 3,400 76% 74% 75% 75 V2 77% 26 26% 25 J/2 25% 25% 25'% 25% 25% 32 Va 33'4 31'2 32% 32 VB 32'2 32 VB 32% 22,300 x26% ~ 77 % 26% 26% 26 Va 26% 26% 26 » a 26% ■22,300 84 *81 *81 84 84 5,400 1,600 84 *81 20 ' 105 *100V2 105 *100'% 105 >100%' 105 350 350 *305 340 *310 340 >310 340 10 14% 3o% 35% 35'% 35 Va 1,100 37 37',8 37 37% 6,630 38% 38''4 14% 36% 35'% 35% 37 37 14% 14'% 14% 37 37 % 38% 38% 38% 38 % 38'2 77Va "76% 14'% 14'2 38 % *76 - 30% *68 73% 31 30% 79 *76% 79 30% 30% 900 30 V4 •' 73 73% *78 80 "*83'2 87 x22Va, 22% " 37'4 66'4 *21% >68 77 30 Va 30% 37% 66 % 22 *68 76 *73% 73 Va 80 79 80 80 *82 86 *82 46 300 86 22 *73'% 22'% 22% 22 37 22% 37 V8 38 37 37 VB 65% 66 66% 66 "4 >21% 22 2|% 21% 31%. 47% - Pacific 106 ■ ' 80 86 45-% 5 Northern 12,800 76 73'/a 79 *834 106% x56'a -57% 73 73 *68 73 '105% - 1,700 10 77 • 56% 32% 21% "75'% . 65 22 ^ . ' 1 - 140 — : 2.700 37% 1,500 66 2,200 *21% 22!i 200 31 Vb 31 "a 42.400 213a 21% *75 76 1,500 180 563 a 563b 56% *105'%. 106% 105sb 106 % 150 483i 49% 70.100 17% 13,200 , 3,800 States Pwr Co (Minn)— Ry__ 17 !4 17% 17'% 17% 72% 73 73 82'-2 81 Va 81% *86 88% 87% 87% 100 *84 87 100 *86% 88% 86 "2 86''2 *86% 24.% 25 % 24 '2 24% 243i 14% 14% 13% 14 1334 May 29 May 10 90% Feb 18 $4.11 preferred series 5 $4.16 4 preferred series Northrop Aircraft Inc 17% Jan 4 Northwest 4.6% Norwich Airlines Inc preferred Pharmacal 1 - 100 1 common ! Co 48'% 82 % 83 28'/a Feb 48',4 72''2 5 85 13% 32 Vb 57'4 5 10 *13% 32'% 56% 99% July 25 Apr 13% 32% •. 76 100 33% May 31 *13% 106 preferred series. 30 13% 32 «/a - S4.08 Apr *13 J/2 *32 _100 1 page 26. 3,BOO : 15% ' com_i_lo preferred $3.60 preferred series $4.10 preferred series— see 600 7 6% *15% 13% |77 9,300 1,900 * 13 32% 21% Mar 29 28 For 6% • 75 Feb 23 *12% •15% 6% 15% 76 92 2 . 21% 90 13% May 29 21% Feb 15 6% 15% 31% 82 6 6% 15% 75 2 3 7 15% 21% Jan 19% Jan ~ *12% 7 13 30% % May 28 83% May 20 28% Jan 12% 76 86 1 12% 21 % 9 1 12% 31% 3 Oct 7,500 9'/a 75% 21 20% Oct 8,200 7% 9% 3o''/b Feb Feb 42 7% 9% 21 % Jan 92 39% 8 9'% 1 1 101% Jan 102% Jan 39 Va 7% 50 _100 85% Dec 39% 8 10 : Ry Co ; 21 % Jun 39 Vb 7% *9% 8 , Aviation— Capital Corp.— Northern Common 18 39 VB 10% 16% 25 Northern Dec 3S% 121 ',4 Ry common—25 17% Mar 25 14 20.200 * 49% May 31 Feb 46% *81 —_5 5 84 . 100 12 81 45'% 32% .100 16% Feb • 45% *13.% " 1100 39% Feb 91 45 12% No par — 7 103 45 % *35»a 18% Aug 5 45 7% 1 <1 17 1.400 46'4 Corp— 16% Oct 12 73% 34% 100 57c series A Shipbuilding Corp 12 Dec 73 34 14% Apr Dec 72 V4 34% 10V4 100 45 72% Dec 72 34'% 39 Va - par <1 82 18% 18% 18% 72 34% 44% 5 preferred preferred 5 J/2% 18% 71 34?B 6% Adjustment preferred North 18% 72 % 35 No par Nopco Chemical Co Norfolk 18% 60 71'% *15% 35% Oct 84 18% 540 34% . 4.10% 79 3,700 15 common— preferred 3.90% 3 104 $3.75 11 9 9 39% No par Common 28 70% Jan 12 38% Niagara Mhk Pwr Corp com__No par 3.40% preferred ; 100 3.60% preferred 100 Jan 24% Jan May State 90 11 20% Feb York Y 86% Apr 21% May 29 75 New N 5 39'% Co Common 14 28 38% 132 Haven & Hartford Co— 17 41% Jan Mar 39''4 84 12 94 39 *100% 11 85% Feb 39% No par Feb 34% Feb 39' \ No par 13% Feb 6 1.000 —50 33 28 12% preferred 3 28% Dec 12% Harlem RR Co__ non-cum & 3 75 % Nov 132 12% Brake- York Dock Jan 69% Nov 29 130% 12% Co_____ 1 Central 30 2 133'% 13 l 30 24 *130 12% ; 29 J/4 Jan Apr 132 13 1 267/8 Apr 36% Jan 132 13 „1 35% Jan 39% Mar 27 132 5 14 64% Jan 4 156 ;_lv- 25 26 21 133% 156 Electric System 1 Jersey Pr & Lt Co 4% pfd_100 Mining Corp 4 ..10 Newport News Ship & Dry Dock. 1 12% Nov 27 Jun 131'a England 32% Dec 34% Dec 133 157 New New 220 5,400 132 ; 7 Apr 22 .16.700, 95% 100 84% Jan 87 5,200 40% '95% 156% i Air 19 "b '«39VB 157 Co York 97 19 39% '39'% 133 % Newmont Y 19'% 97 19 v 300 129 J/2 — Mar 11 July 24 Jan 81 19% 40 97 65 156% Newberry Co (J J) common—No 3%% preferred New 19 39% 97 27 34 *94 —1 Corp Inc Inc DAY 133% Radiator Corp MEMORIAL 94 158 Tea Co National 28 94 131 Sugar Ref Co—No par National Supply (The) Pa 5 National 21 27 Va 95 % 156% „ Service National 21 27 V« 100 , National 33% Jan May 24 5 21 27% 40 20 20'4 21 *93 % 98 *96 Natl Malleable & Steel Cast_.No par National Shares Corp _No par National Steel Corp .—10 May 28 440 preferred B 19% 19 39% 1 common 6% 3 31% May 10 common*-. preferred A Nehi 77 I Co No par 7% 5 Mar 13 Gas $4.50 preferred National Lead Co 11 Nov • Department Stores 5 Distillers & Chem Corp corn .5 pfd series of 1951 100 4 'A % Jan > 23 % 50 23% 16% Feb 88% Jan 50 " 13% 64'% 23% 2 96 16% Apr 26. ' 13% 155 155 155 34% 21 8 -7,500 66% 38% 38'% 38 155 38% 6% Jan 2 3.0OO 38 To 13 '/a 38 % 155 38 13% Jan Jan 37% 65 J/4 37% 155 23% 10 14% Jan 37 % 36% 36»% 13% 38 % 156 34% May 17 9% Jan 36% 68% 4 9 36% 7,000 13% 65% National 3 36% 2,300 37% 8 18% May 31 11 33 900 % % 34% 14% Jan 39% July 30 79 Apr 13% 39J/a 3 31% Dec Dec 9 21 13 % 23% 5 15 • 7% May 29 20% 13% 34'% 17% Mar 19 13% May 28 13% Dec 21 75 12 21 13'% 38% 23 32% Feb 13% May 47% Jan 20 Vb 13 % x23% Gypsum Co 139 20% 13% 1 Fuel 137% May 22 162% Apr 16 20% 13% 5 National 14% Sep 48% Oct 4 ... National 4 21 Vb 13% 1,000 1 National 3 11 20% % 16% 71 __lo Corp Register 19% Jan 25 Jan 16% 71 *154% preferred A— 40% Jan 97 16 71 __lo City Lines Inc Cylinder Gas Co Dairy Products 20 16 71 5 15% Aug 17 59 ' Geo 109% 16 71 *15% 100 13 12 109 71 5 common 11% May 24 July 20 109 16 71 1 Inc Corp... Co 110 71 .1 Fibres 154% May 15 7% % 16 1 —_ 30 Jan *108 5 i 34% Feb • 100 — Acme Co 10 -- *83 87 17% *72 81% *85 83 ' 49% 17% 17% 74 *72 74 70 83 *81 Va 83 90 88 *85 88 10 83 *81 % 84 10 88'2 *86% 88% 10 26 25% 26% 15,200 1378 13% 14% 4,700 25 : 22% 22% 22% 22% •23% 227a *22% 22% 200 1.25 28% 29% 28 7 29% 29% 31% 31% 33% 18,600 b Volume 185 Number 5643 . . . The Commercial and Financial Chronicle . (2575) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous > Year 195(j , Lowest 49 >* Dec 13 Dec 20 100 Jan 18 110 Jan 109% Feb 10 47% Apr 3 10 43 17% Nov '.-1 Q7% May 29 -31a Jan V 3 48"* r- 105 1 Nov 11 31 2 60 35 42% Feb 105 11 17 12 82. 31 Jan "70% Feb Apr 28 2 84 July 11 57 % Jan 6 106 Oct 95% Apr 16 36% Feb 1J -Jan 27 SO1. Nov 30 18 51% May "* . 102% Jan 9 13 91 ' .' 4 7 104- *79'% 80 79% 95 *94% "* *91% 93 *91% 93 preferred Oil 4% 100 Co_- No par Gas & Elec Jan 4.24% series ■ Outboard Mar 13 Jan v6.25 Oxford 15 $5 116 12 - 42'% 53 % t_100 633 87% > 48 % V r: 62% v 98% 97 40% 39% 94 93 47% : 47 % ' * 89 29% 80 v •V • % 97 v *92 % 90'% -/ AQ, A '• ...* 8,8001 , 230: 4,100. 89% 29% 5,300 > • 30 -*78% - -♦ 48 /: 89% • ^ 80 3,100 60- •V - *16'% " 54% - "62% - 39% 93 DAY 16% 1 62 - - 400 125/» 90 < 99,500 ; 12?% MEMORIAL ■ 2,300 120 119% p .. > 29% i ■ '53 't 40 CLOSED 89 . *16% ' ■f ' V EXCHANGE 80 - 53 40 "2 *93 80 % V 0 90 27% 55'% ; 56'% :■ STOCK - ' 89 1 16% *97 % 15 No par •'/ 88% 62% s ■i 29% r >:■: 119% 12% -«12% 89 v *16% >52% 53%. , v 87 Va 55% *118 12% 29% 80 Va 16%; 62.3/4 116 % 48 • « 82% *16%- 53% •' 10O > . 90 27% , 38,10 J 1,500 17% *86'% - / 43% 173% V 27% 93 41'% >> 43 Va 90 273,8' 87% 89% 30 .*80% 6.25 common-™; 53Vs 12% 30 , Paper Co 27% 87% 49 Vs 48% No pat- preferred-' •91% *86%/ 117% -88% •r 30c Owens-Iliinois Glass Co-_ 4% cumul preferred : 93 ^1% 40% 18 12% Corp (The; 1 Owens Corning. Fiberglass Corp—__l . 10O 89 87% - 83%c Overland 230 94 52% 53 % •115% 1 ■ 120. 79% 27% • 6,500 95 79'% 04 89 27% 513% 80 43% " 43% *17% 18 .% *17% 52% / seriesIIIlOO 2 40 V4 44 18 preferred™ 100 * *93% Shares 95 „ common- Marine Corp 94 the Week 79% , *91% 39% 27% 51% * 95 43% 91 Frldav May 31 52 94 * 79% 40% *89 - 5 /<; 93 43% <>17% 7.50 - 92 43% -■ .-100 Natural Gas Corp 93% 39% com__10 20 Conv preference 1951 Oliver 2 43 Co preferred-™- Common 3 6 51% Sales for Thursday May 30 . May 29 95 *92 " Olin Mathieson Chemical Corp— 10 96 It * SALE PRICES Wednesday 52 *94% 100 : When: issued: Outlet, Co Jan x51% 100 Oklahoma 15 64% Mar 52% 100 4% % convertible Otis Elevator /' 68 ; 52% preferred- Preferred May 31 13% Jan U Jan 12 preferred 90% May 31 49% May 22 93% Apr 24 16% Jan 18 Apr common preferred™ Oklahoma > 85 -16% Mar 27 50% Mar 27 July Co .30 '' May 27 ' 13 May 73 Mar 26 ' 12 27 Nov 15 120 - 3 39 Vs Feb - July"23 5 Tuesday May 28 May 27 3.90%' Ohio 3 56% May 31 13 11% Feb 9 Feb - 911 98% Dec ' , 11 29% 95% 4 Jan Edison 4.44% May 14 18 28 % Mar 79% Dec May 2 V 16*4 Sep 10 59 'Nov 20 44% Jan 97, ' Jan 40% Feb Monday par 4.40% 1 44 / May 28 9 -777 ! 14 Jan 2 3 Jan 17% Mar 25 V 89 50% July 26 LOW AND HIGH '»•' •, 4.56% 1' 29 26 107% Jan May 28 * 38 Jan Ohio 99% Mar 25 26 33 % Feb 14 ( 89' 103% Mar July 16 62% Aug 130% Aug 17% Jan 20 '80% Dec Jun 29 % Nov 29 x July 10 - 2 ; 94 May 31 91% May 24 35 Va Feb 11 19% July 13 104 Jan 52% May 9 101% Mar 18 May 23 79 11 31 12 91 5 Dec 34 '% Jan r 48% Feb 4 92 % Dec 4 ' EXCHANGE ° 58% Aug 13 110 V* Jan 95 <•' -33% Jan NEW YORK STOCK , > 78 - \ V STOCKS Range Since Jan. 1 Lowest Highest Highest 14 90'A Dec ,. v 97%; -39% ■■: ■ . - V. . 16% 10O 533% 54% 8,300 V-.> 61'% - 96'% V 39 94 *92'% , 62 Va i , 96'% «i 39'% : . 6,700: 1,600 . 1,100 94 100 P 9% Jan .10 16% Oct 5 171/* Jan 22 17% Jan 22 23 % Feb f b28% 10 31% Oct 31 40 47 Oct c2 35 % Nov 29 ' 30% Nov 29 • 122% Sep 28 128 . 48% Dec Jan 29 Mar 27% Feb 20 53 Dec 26 48% Feb 6 88% Jan 28% Jan 10 40% Jan 8 8 17% Dec 3% Oct; 2 10% Sep 26 27 V* Sep 26 14% Jun 37 Jun 56% Jan 17 42% Feb 12. 55 Vs 9 22% Feb 12 25 16% Jan 21 18 4% Jan 26 12% Jan Mar 27 Nov 27 41% Mar 12 39 20'% Dec 21 25% Nov 14 24% Mar 26 20% Mar 22 25% May l 26 Oct 29% Jan 11 13 Nov 101 Jan 9 48% July 11 16% Jun 18 30 45% Jan 13 28% Mar 27 78% Nov 29 30% Jan 23 23 25 % 77 Jan 7 '; 30 32 % Apr 24 13% Jan 1 24 2 55% May 8 27.% May 31 28 % May 16 Apr 29 Jan 2 31 Apr 10 26% Apr 22 25% Apr 29 37 May 13 22 % May 3% May 22 f Mar 27 10 2 28 May 31. 85% Mar 13 40% Jan 2 19 109 21 Nov 29 20 11 Feb Dec 17 19% Jan 13 10 21%Jun 27 Apr 2 13% Jan 31 % Jan 13 20% Apr 33% Apr 23 25% Jan 8 32% Oct 1 Mar 29 35% Feb 6 Sep 12 96 3 18% Oct 24 26% May 18 45 64 45% Nov 20 92 Dec 27 16% Oct 54 2 105 4 Mar 51% Oct Apr 64% Apr 18% Jan 12 1,100 15'% 7,200 11,900 Glass $1.60 33% 15% 15% 15% 63% 63 15% 63'% 15'% 10 15% "x63 64 64 1 54'% 633% 54% 52% 54% *53 54 % 43% 54% 44 56'% 600 43% 44'% 100 43% 44% 44'% 44'% 3,400 99 99% 99% 99'% 430 93% 93'% 20'% 20%, 10V4 i 100 (Chas) 4% 2nd & preferred 3.80% Jan 3 104% Feb 19 4.30% preferred—, 10 3 4.68% 5 36% Mar 13 14 Vs Mar 26 91 Feb 62 39% Oct 1 78% Nov 27 47 July 11 21 45% Mar 94 % Mar 12 74 Jan 71 10 82 91 76% Jan 24 Dec 3 12% May 23 Mar 15% Jan 3 5 31% Apr 22 18% Apr 15 68% Jan 16 1 Mar 25 41% Jan Feb 77% Feb 6 12 4 16 10% Feb 14 8 13% Jan 3 99% Mar 14 943/4 Jan 21 46% Oct 1 96% Jan 2 56% Dec 10 43% F°b 12 8% Dec 31 12% Jan 18 8% Jan 4 3 40% Feb 18 3 89 S6 May 40% Dec 89 45 Oct 17 9 59% Jan 102 Feb Feb 03 V* Jan 44% Jan 22% Feb 3 70% 9 Ma'y'i 53 Jan 28% July 25 213/4 Feb 86% Feb 22 11 ; * 3 94 5 18 Ve Mar 12 Jan 4 Mar 15 6 May 21% Apr 23 68 May 20 27 Vs Mar 20 86 Dec 26 96 Apr 1 89 93 Dec 7 100 Apr 4 89% Feb 32% Feb 6 13 50 % Nov 98% May 15 19 37% Apr 163/b Feb 20 46% Jan 12 20% May 16 16% Jun 8 10 20% July 27 149 Dec 11 163% Jan 16 144 140 Mar 15 146 Dec 21 170 23 145 May 28 150 Jan Mar 26 - 7 Jan 21 Feb 6 37% Feb 13 69% Dec 17 52% Feb 74 12 68 V4 Jan 2 96% Apr 8% Sep 3 75% Feb 19 85 3/8 Jan 10 10 IVs Feb 12 8% May 17 37% Jan 4 Jan 10 6% Feb 10 24% Feb 9 39% Dec 17 Oct 23 81% Dec 7 84% Apr 92% Apr 27 78 23% Nov 132 19 4 35% May 14 26% Mar 18 77 May 7 80% Mar 12 23% Feb 25 Dec 28 36% Jan 24 71% Nov 19 90 Dec 31 90 Dec 31 87 Mar 13 13 Jun 25 16 Apr 20 14 Feb 155 Feb 1 130 Jan 4 60% Mar 13 12 80 Va Feb 85 Jan 7 23 283/4 May 10 135 Mar 29 79% May 24 110 Va May 24 26% May 29 Feb 13 2S% Jan 16 44% Jan 28 50% Jan 2 73/4 Jan 2 21 Dec 45% Nov 11 21 15 55 31. 10% May 2 63% Dec 27 74 1 64 Mar 37% Dec 10 49% July 25 38 Jan 7% Dec 35% Nov 29 Aug 10 May 31 40% July 24 88% Mar 29 37% Jan Dec 22% Dec 26 26% Jan 22 71 21% Dec 5 108 Nov 31 Dec 26% Mar 14 3 26% Dec 11 29 82% Dec 21 85% Dec 17 120 July 25 35% Mar 8 For Jan 7 9ft h-f' 24% Jan 21 59% Feb 51% Apr 37% Feb 26. *8% 10 41% 42 92 92 *8% 48 10 *83% 41% 41%* 90% 1,200 66,400 10 41% 92 41% *90 90'% 1,700 50 * 20 19% 19% 19% 19% 19% 19% 1,400 65 64 64% 24% 63 63% 63 64'% 900 2,200 25% 24% 24'% 42 41% 41% 19% 18% 19 Co 19% 155 *145 147 62 81 x7% 1 27 10 *145 150* *145 150 145 145 *141 145 *141 8 61% 80% 80% 7% 8 61'% 7% 61% 62'% 1,200 81 81% 5,400 8 7% 8 28% 27'% 27% 27 27 % 78% 78% 78% 77% 78 *76% *81 27% 82% 81 % 81 % *81'% 82 *81'% 82 27% *27% 27% *27% 27% *131 % " *131% 3,400 78 77 2.50 109 15% 5 75 Io 10 2 .5 rNo par 10 134 134 *131 Va 79 76 76% 109 *106 108% 76'% 109 134 77 109 15% 16 16 16% 17 36% 36% 36 Vs 36% 36% 36 3% 27 27% 26% 27 27'/a 27% *131% 76% *108 26% 26% 21% 21% 21% X21% 47 % 47 47% 46% 8% 8% 69 47% 47% 47% 47% 8% *68 38% 75% 39% 38% 39 38 Va 75% *75 % 77 *75 % *22%' 23 % *22 23% 25 *22 23 % *21% 100 *115 119 . *115 22 400 26% 26'% 1,600 21% 3,400 47 20,500 9'% 473i 38% 9'/a 9»% 68'% 68'% 5,400 120 *47% 48 1,000 38% 39 4,200 *114 76 75 Va 75'/a 60 22 22 *21% 119 6,700 ' 69 47% 77% 110 5,900 21% 69 134 36'% 46% 8% 1,100 x36'/a 21% 70 60 100 28'% 1,600 47% 8% 7,700 18% 21% x70 27%. 17% 47 " 25 No par 100 preferred "io 61% *76% 1 Indiana 1,100 * 81'% x80 100 com— 7,300 145 6IV4 % 100 preferred Inc 155 100 Virginia preferred *145 63 80% X19 % 100 (The) Industries 41% 19% *145 10 Gamble.. *21% 22'% 10O 21% 21% 100 22'% 119 •114 119 x30% x26% 31% 30% 30% 30 3% 30% 30'% 30% 18,000 No par 27 26 Vs 26 % 2"'% 26% 26'% 26% 15,200 preferred 100 x8^% 86% *85'% 87 % *85% 87% *85'% 87'% 80 preferred 100 *88% 90 *89 90 88'/a 88'% ,_100 *90% 92 90 90% *90% 91'% *90'% 91'% 40 29% 28% 29%' 29% 29% *29'% 29% 2,800 64% 63'% 63% 63'% 63% 62% 63 Va 2,800 47 45% 46% 46 % 47 Va 47% 48'% 59,100 div & Gas com preference com 30% May 22 13 66% Apr Pullman 12 48% May 31 Oil 48% 47% 19% preferred Puget Sound Pow & Lt Co Pure 47°% 47% 75 413 4 West 4.30% 29% July 25 74% Jan 3 97 Va 19% 7 4.18% 11% *943% 42 preferred 4.08% *11'% 42 Feb 27 *74 11% x42 4.16% Mar 13 75 97 4 Feb 100 88'% 23% Feb 92 4,000 81 24% 21% May 31 92 30 43 24'% of 14 65 *953% Co 15 42% *76 *85% preferred 86% Jan *64 24'% preferred—— 85% Jan > 88% 3%% 16 43 81 97 4.32% Feb 15 64% 42% *76 97'% 10 Young & Ash pfd El 12,900 11% 92 Electric Power Co Serv 12,400 16% *74 42% Co 4.20% 29 15% *85% Public Serv $1.40 28% 15% *9534 May 9 79% Mar 19 Pub 10 29'% 88% convertible cum 110 15% *9434 *8% 24% 170 ; 104'% 75 92 xl9% 10 480 87% 11% ' 97% 41% 65 5,000 98% 97% 40 103% Feb page > > 29 104% 39'% *85% 2 4 s»e 46% 104'% 20 21'% *95% of Colorado 4 footnotes 48% 11 *104 86% *97 ' 11,200 100 88% Co 24 47 % *72% 87% 98% 2,800 10,000 55 97 Public Serv Feb 5 *94% 11% 86 *20% 100 4% 57 *85 % May 20 32% F*b 4 75 39 21'% 100% 3,700 96 *95% 48 $4.75 29 1 37% Jan 77% 97% 39% *20% 300 19% No par 30 1 43 77% *72% 54% 11,100 51 No par 4 90 65 42% 81% 25 com May 14 118 15 *64% 43 11% *94% 55'% 23 '/a 98 % (conv) 71 3 106% Feb 64% 42% 1 4% 55% *95 400 64 64% *77% 100 Plymouth Oil Co 30% May 31 26 Vs May 28 104 15% 19'% 400 3,200 84 preferred 24 Va Feb 111% Jan 15% 5 Inc 1 8 28% 16% 5 15 Jan 28% 16 100 22% 51 4 % 1,000 34 *96 55% 180 .18,900 <14,400 47% *75'% 96 *97 28 *104 4% 55'% *95 1,100 22'% 34 19% 100% 100 Pittsburgh Screw & Bolt Pittsburgh Steel Co common 5% preferred class A 5%% .1st series prior pfd Publicker 21% 100 ,5 Pittsburgh Plate Glass 10 3 62% Oct 72% Jan 9% May 15 x39% 40% *21% 100 1 Pitts Ft Wayne & Chic Ry com_100 7% guaranteed preferred 100 Pitts Metallurgical Inc 2.50 & 40% 21% 101% 3 1 Potomac 54% 104% 29% 1 Procter 55% 104% Pitts Consolidation Coal Co & 53% - *104 Pittsburgh Forgings Co $3.50 95 % 100 & Chem Co Pittston Co 55% 87% common preferred & 4% 55% 95'% 97 1 Pittsburgh Pittsburgh 4% 56% No par convertible 19% 633% 47'% DAY 51 96 I MEMORIAL 98% 97 2 $5 *50% *96 87% Pitney-Bowes 32% Jan 26 89% Dec 22% Jan 30 11 *21% 100 50% 19 89 Piper Aircraft Corp_. $4.80 4% 34'% 98'% 18% 98% Hosiery Pitts Coke 50 % *96 89 preferred Poor 38% Aug 20 23% Mar 23 55% 51% 98% 19% 97 Petroleum 10 40% Apr 18% 4% 100 Pillsbnrv Mills Inc $4 *50% *96 100 preferred Phoenix 80 22% __,_100 preferred 3.90% series preferred Phillips Jones Corp common Phillips 80 22% 40 % Corp 22 Va 22% 75% 22% 39% common 10 Va 84% 22% 100 4% 5% *76% 75 22% No par : , CLOSED 22% 47% 54% 3%% preferred series A Philip Morris Inc common? 313/sJan 23 23 31% Feb Reading Corp 22% 34 47% 53% Plough Inc 22 6 & Philco 22% 34% 47% No par 00m STOCK EXCHANGE '* 22 *95% preferred 18% May 31 37 Vs Jan 4 30% Jan Jan Phila 10'% 47% 100 preferred 94 103% Apr 24% Feb preference 20'% "10% X34 % 12.50 4.40% 94'% 20% 10% 35 1 common $1 94'% 20% 10 48 100 (conv) 1 Dec 22 94% 20% 47% 33V3C Corp, Co 92% -H *34% 5 Phelps-Dodge • 5 Co Inc common__l preferred 6 Dec 10% 22 __25 Amer 12 16 20% 10 Ve ____100 of Feb 64 20'% 10 100 94 50 Phila Electric conv 93% common,,____z._No par Corp 15% 100% 40 Pfeiffer Brewing Co Pfizer 100 100 Peoples Drug Stores Inc Gas Light & Coke Co < x33'% common preferred 27'% No par & Corp 26% 1 preferred Pet Milk 82%< ' 1 Sand Power 1053/4 Apr 94% Feb 12 22,249 > 4,700 May 29 19 553% 55 % 33 s% 86 29% Nov 55'/8 83'% 20% May 14 2 98% Jan 23 54% 33% 13 Jan 54% 82% 24 17 53% 83 V2 Feb Jan 54% 33 Va 102 106 2,000 54% - 82 Va 112% Jan 4 1,400 25% 33% 17 10 27% 25'% 83% 10 Jan 273% 26 33% 28 106 27% 26 % 96% Dec 109% Jan 7,500 27'% 26% 33% 84% Dec 14 10% 28 25% 82 20 % Dec 10 103% *27% No par Penn-Dixie Cement Corp Pennroad Corp (The)™Pennsalt Chemicals Corp 4% e/o Dec 10% 27% 26% 7,260 Petroleum Dec 10% *27% " x26% 2,730 98 % Mar 23 93 10% 1,600 28 19% May 27 4% Jan 15 103 10% 1,600 3%'' 28 14 23 ' . 300 20'% 83 %> Penney (JC) Co_™ 25 2 3% 10% 5,800- 24 27% Mar 11 40% May 21 10% - *23% 28 Jan 18 20Va ? 3% 3,700 43'/a 523% 273% 3,7 36% Jan 20'% *3% 52% 24 27% 45% Feb 40% Mar 23 26% Mar 14 19 20'% 3% •41 ' 53'% 28% 95 25 20% 3% 43% 52% 27% Penn-Texas Feb 20% 3% No par 25 Pennsylvania RR 97 20%» 3% •41 *23 % -27 Va 9 63 Vs Jan 7 20% - 43% 53% 24 27% 7 57% Mav 13 •23% 33% 27*% 24 V4 May 5 52% 23% 6,500" 95 *27'% 2 12 53% 23% 333% 3.58 Peoria & Eastern Ry Co Pepsi-Cola Co,,, 10 53 *92 34 ___25 Peoples Feb - •41 95 333i 27% 24 Jan 43% *92 34 ■>' 15,300 27% 26 51 *41 - 95 33% 2,900 54 - l *92 30 — 523% 54 34% 95 6 15 3% 27% 49% Apr 95 * 15'% 27 85 42% Feb 53'% 6 300 134% 27% 27% 1 26 53 . 15% - 2,430 . -26% 9 Apr 17 76% Mar 19 52 15% 7,800 • 26 % 3 107 53 15% 28% 131% *27% 9 3% Mar 12 15% • 36% *27% *133 6% 200 100 1303% , 134%. 6 7,500 36'% -28% 131% - *133 >"■ 49% 34 ^_5 series preferred, 52 % Apr 22 6 1,600 *27% 4.40% 9 15% 133 6 42% 49% 36%". 23 423% 25 25 25 133 6% 130 23 25 Jan Feb 132% *27% ' 1,500 . 1 preferred 4%% Apr 36'% 130 1,000 14% 23 preferred 29 35 .? 29 13 23 1 $1.30 12 7% Mar 12 54% Jail 23 35% Dec Jan 22% Apr 3% Nov 26 37% Feb 10 93% Oct Jan 11 36% ; *27% x52% _1 Corp,, Light com preferred 101 36% 49% " *92 No par common 22% Jan 2 '49% ;■ -23% $1.32 Penna Jan _42% *23 1 _No par :_2.50 Co__ Transportation, Telep $ 1 preferred Penn Dec Co Proof Peninsular 9 106 y 23% *42 129% 15 •Xl4Va 41% ' 100 Patino Mines & Enterprises Peabody Coal Co common 5% conv prior preferred Penick & Ford 2 91 21 49% May 16 43% Feb 25 94 % Jan 2 & Rust Parmelee Jan 112% Mar 28 Parker May 16 3 92 % Jan Parke Davis 60 6 12 29 preferred 45% Jan Sep Dec Feb 49o Paramount Pictures Corp Park & Tilford Distillers Corp' 66 66 % 68 48% Jan 2 ; - 12% 15 ' 49% ' 28% • 12%- 49% 129% y - 14% *23 27% -'132% 1 Pan May 27 49% Feb 29 - Amer World Airways Inc l Panhandle East Pipe LineCommon No par 15 % 43% Nov 26 92% Dec 27 55% Jan Corp: 16 26% Jan —... 1 23 128% - Telep <fc Teleg commont_100 preferred 100 Pacific Tin Consolidated 12'% 14% 41% 37% 6','0 4 95 May 17 36% May 9 45% Mar 29 2 20 6% Mar 12 36% 13 23 *22% 49% &• Electric—: Pacific 22 19'/a Jan 2 3 9 7% Apr - 12 Jan 36% Jan 23 41:1- 49% Pacific Lighting Corp——No par Pacific Mills____j „_™__No par 10 1313/4 Mar 7 1373/4 Mar 12 11 12% Jan Iio Pacific Gas Feb *22% 14% *22% • - ^—25 Pacific Finance Corp 6 *12% 14% 23-- -23 23% 42 % 8 May 20 13 - - 14% - 25 8 ■39% Apr 33% Jan 13 - i.^1- preferred 50% Jan 15 57% Apr 30% Jan 5% 43% Apr l 103 4 9 3 9 42% Dec Jan2 19 21V* Mar 20 , Fisheries Inc™. 5 Pacific Cement & Aggregates Iiic—5 Pacific Coast Co common • 26% Jan 2 9 17% Jan 22 27 2 ' Amer Jan 35% Mar 128% Jan 9 Pacific Apr .'48 123% Jan 23% Jun > 12 !! 33% < 16% Jan 31 ' May 22 t 142% July 16 Aug 27 ]40'% Jan 12 23 152 V* Feb f- 31 Dec 16 Jan 54 13 86 37% Nov 29 Jan 53% Mar 28 6% Dec 28 16% Jan 27 Nov 27 40» 26 Dec 12% May 29 14% May 23; ;23 Feb 12 Inc (The) No par 10 29 No par x63% ' 45% 87 87 60 23 The Commercial and Financial Chronicle 24 Monday, June 3, 1957 . (2576) STOCK EXCHANGE STOCK RECORD NEW YORK Range Since Ye»rl95b Lowest Highest Lowest Tuesday Monday STOCK NEW YORK Jan. 1 Highest Sates for SALE PRICES May 29 Friday ' the Week May 31 Thursday May 30 Wednesday „ May 28 May 27 Par EXCHANGE HIGH AND LOW STOCKS Previous Ktn(c for Shares Q 26 33% Nov 23 33% Jan 35% Mar 7 153 Feb 20 33l/2 Apr 19 50% Mar 22 May 28 Nov 21 31 130 29% Dec 70 y8 Nov 4 53% Jan 87% Feb 27 15% Dec 23 20 % 4 5 7 297/s Jan 26% Mar 26 21 40 78 Jan 31% Jan 14 July 11 Raybestos-Manhattan Mar 22 58 34% Jan Rayonier -v Inc----— Ray-O-Vac Co Raytheon Mfg Co Reading Co common 11 12 16% Aug 11% Mar 14 15% Apr July 19 13 19% Mar 16% Mar 15 22% May 13 14 37% May 31% Apr 34% Jan 4 36 39 Jan 10 4% 24 44% Jan 33% Feb 20 36 Jan 2 4% Feb 31% Feb 37 % Sep 17 May 29 noncum 33% Nov 23 37% Apr 4 40 Dec 31 6 41% Apr 12 Real Silk Hosiery Mills 33% Jan 30 % Apr 11 23% May 14 31% Jan 12 Reed Roller Bit Co 11 11% Dec 26 15 Jan 5 8% Mar 26 38 8 12% Jan 10% Mar 14 5% Apr 14% Apr 15% Jan 8 Jan 18 30 Apr 237/a Feb 17 62 25 32% Jan 18% Jan 3 30% Apr 18 Jan 18 64% Apr 43% Jan 4 57 8% Jan 16 10 5 % Jan 8 11% Mar 4 13% Apr 12 59% Jan 2 2 28% July 19 5 Nov 27 15 '/'a Jan 18 11 % Dec 3 13 60% Dec 17 48% Feb 34'A Dec 31 45 Apr 27 28% Dec 24 10 30 '/a Apr 25 % Dec 42% Feb 10 10% July 26 45 % Feb 13 85 41 % Dec 27 49 Oct 1 70 Apr 3 49% Mar 19 Aug 5 65% May 16 2 54% Jan 2 16 79% Apr 24 11 91% May 31 15 17% Feb 11 2% May 27 69 89% Jan 105% Jan Metals Co 5 62% Feb 19 737/8 May 31 31% Nov 29 26% Apr 25 33% Jan 4 18% Jun 29 19% Jan 2 27 % May Ritter 5% May 21 7% Apr 6 8 32% May 2 27% 27 Feb 9 37% Apr 26 362 % Dec 19 Apr 2 Nov 90 510 27 17% Jan 44% Dec 24% Feb 13 31 Rohr 33% May 21 Ronson 2 13% Jan 10% May 14 39% Feb 12 547/8 May 31 30% Jan 2 40% May 16 28 38% Apr 28 Feu 28 28 13% Apr 26 10 35% Nov 29 27 % Feb 9 29 Dec 8 Nov 11 5 8% Mar 30% Aor 200 41% *40 45 35 *40 45 *40 45 24% 24% 10% 9% 24% 10 MEMORIAL DAY 24% 9-% . - 6" *5% 6% *14% 14% 14% 28 28 28 26% 12 12 12% 5 JO 53% 537% 53% 54% 16,600 36% 36% 38% 36% 5,500 23% 24 23% 237/8 45 53% *12 5.300 8% 9% 9 Va 7,400 59% 60'A 61 'A 60% 61% 38,700 45 43 % 44 44'A 44'A 55% 56% 55% 55 7 8 8'A 9 *44'A 56% 55% 55% 55% 3.400 7 6% 12% 45 10 7,000 26% 53% *12 • 200 59% 26% 7% 7 7% 6% 7% 200 28 *57 27% 26% 26% 6 14% 28 59% *57 59% *57 ■ 900 ♦14% 14% *27% 800 10 Va *5% ; G *5% > 14% 24% *9% 24V4 9^4 24% 58 Va 9 *65 ■ 700 8,600 71 *80 I' 81 -a— *67 75 *67 75 *67 71 *80 81 •80 80% 80 80 92% 91% 92 100 70 92% 92Va *92% 93% 92% 18% 18% 18 % 18% 18% 18'/a 18% 1 5s 18% 2% 2% 2% 2% 2% 2% 14,700 73 Va 73% 10,000 30% 3,200 2% 2% 73% 70% 72 71% 73% 29 71 *28% 28'A 28% 28 % 307/8 *26% 6 39 40 40 23% 28% 28% 1,300 28% 28% 28% 4,300 28-% 920 4051/2 400 ' 400 401 96 96 95 30% 30% 30% 30 30% V 8.200 11/8 11% 11% 1,600 401% *94 94% 94% 30% 31% 30 * «. 300 39 28% 400 407 5.700 317s 281/2 28% 29% 28% 403 30% 31 % 28% 28% 29 3,200 6 31 Va 30% 100 26% 5% •v,: 2,909 •• 39 *38 39 28% _5 30% 30% 30 % *37 6 6 5% 57/8 29% *26 261/4 *25% 26 26 27 5% • 20 96 ♦94 11% 11% 11% 52% 51% 52 52% 54% :54'A 547,8 387/8 r 11% 52 —— -1 20 Guilders ————1 ——1 —-5 (The) (Jacob) Ruppert 34 % 34 61 —.———1 Corp Corp. Ruber old Co 23 *34 35 57'A Corp—No par Royal Dutch Pet Co Royal McBee Corp 117/8 May 31 4 Aircraft 500 34 *34 CLOSED 30% 36% Rohm & Haas Co common —20 4% preferred series A—;—10C 8 1,000 36 % 36 23% —No par El & 37,100 32% 38% 23% Rockwell Spring & Axle Co 17 12 Gas 21% 32% 36 STOCK EXCHANGE *37 36% preferred—a———-25 5 % % <;onv 8 38 % 24% 9% 10 Company———————5 Rochester May 29 96 33 36% Antelope Copper Mines Robertshaw-Fulton Controls com—1 5 423 % May 2-J% 32% 13-/8 8% Roan May 31 31 % Apr 13 Feb 91% May 16 20 % 32% 800 100 Oil Corp Richfield 36% July 16 Feb 12 257% Feb 20% 32% 24 Manufacturing Co— Rhodeslan Selection Trust 4 29'/a Mar 20 Va 36% Rheem 18 40 3 15 351 Dec 31% 21% May 28 Jan 27% Feb 22 16 Jan 105 28 29 25% Jan 13 12 2 >/■ 13% 6% Riegel Paper Corp.— Apr 21 13; *13% 13% 20% 33 5 1 series 42% Aug 15 23% Jan 6 30% Aug 1,900 53% 4.50% 84% Apr 35 12,700 13% 12% Preferred 23 28% Apr 27 Va 13% *5% 4 66% Jan 10 26% 14% 3.60% 5 26 26% 24% Preferred 17% Dec 25 26% *40 82% Jan 22 —— 21 Dec 26% XlO ——50 Dec 28% Jun 26 % 2.50 1 common 91 21% Jun 267/b *34 —„——.—.10 series—-——100 Common 3 % Apr 57 54% Reynolds (R J) Tob class B 21% Jan 57 12% Brass Co 81 37 % Mar 18% 57 *37 -10 pfd series A 4%% 69 Mar 18% 57. 13% common 26 Sep 12 99 18% 57 32% -10 Inc Reynolds 58% Mar 19 Jan 2 3 Jan 7 26 18 57 59% Drug 2,300 18% 26% Co 1.400 18% 57% '' preference 70 18% 26 46% Mar 29 Apr 38'A 69% *57 Rexall 4 9 37% 70 *27% Mfg Revlon 26'A Jan 107/8 Jan 87/b May 37% 70 20% No par Corp— Revere Copper & May 20 2 37 42% Jan 14 57% May 1 51% Feb 9% Feb 70 8% May Mar 12 21 Feb 37 % 70 % —5 Conv pfd 3%% series— 100 Republic Aviation Corp 1 Republic Pictures common— 50c $1 convertible preferred 10 Republic Steel Corp———10 6 25 61 37% 70% 28 Reliance Mar 29 27 37 Co— & Stores Reliable 38 71 26% 50c div prior $1.25 28 18% Mar 14 12 26 67/8 Feb 27 Jan (Robt) Reis Nov 27 6 15 2 7% 17% 5 — — Inc Bros Reeves 20,403 27% < 57?C/<?- . -2.50 20% Jan 900 27% 2 120 ■ 27% 70% .2——5 50 1st preferred——-50 2nd preferred 50 noncum 2,100 36% 133 27% % 2/% 37% *—5 —No par Ranco Inc 36% 132% 134 >133 134 *133 36% 36% 36% 36% 367/e 133 27% $3.50 1st preferred,. 24 20% May 13 .48% Feb 11 25% May 7 12 44% Aug 3 36% 133 America com__No par —No par Radio Corp of May 13 69% May 31 Mar 22 17 59% Apr 23% Nov 29 12 Dec 27 Jan 131 Quaker Oats Co (The) common—5 6 Vo preierred 100 Quaker State Oil Refining Corp—10 2 37% May 138 Feb 2 39% 38'/a 38% 38% 39% 3;% 39% 30'A 30'4 30'A 4.400 11 Va IIV2 11% 3,700 11% 30 2.9% 29% 9'/2 *9% 71 72% 707/8 72% 72 73'A 83 —— 29% 9% 83 82 83 84 84 30 9% 9% 68,900 , 10.600 s 14 71% Dec 97% Feb Feb 13 155 38% Dec 5 52 Jan 2 137 Feb 14 33% May 23 Dec 17 Mar 19 112 12 81 3 25 25% May 24 22% Jan 16 25% Aug 31 33 Jan 13 227/a Jan 3 69% Dec 3 91% Mar 23 67% Apr 235 Feb 235 Nov 7 311 155 Jan 5 215 105 Feb 26% Jan 10 x20'A *68 270 *270 May 27 Jan 2 13 205 280 *180 210 *180 210 Jan 16 96 20% Apr 12 23% Jan 29 39% May 2 29 9 Dec 12 17 29% Jan 19 12% Jun 8 93 18 48 % Feb Oct May 28 76% May 16 22 Va May Schick Inc...— Jan Jan 4 31% Feb 37% Mar 29 18 12 30 2 93 7 23% Aug 22 18% Feb 9 44% Feb 14 63% Apr 20 57% Nov 29 75% Mar 55 77% Dec 19 95 Jan 79 Dec 12 105% Apr 93 90 21 78 Dec 28 89% Mar 35 Dec 28 26 44% May , 6" 17% Jan 22% May 31 29 preferred— noncum Paper 86 Mar 102 Mar $4 preferred $3.40 33% Jan 83 May 7 11 Seaboard Jan 19y8 Feb 29 16% Feb 13 17% Jan 70% Nov 26 54% Feb 12 74 May 31 Seaboard Oil 7 Jan 15 16% Jan 24 Seagrave Corp 28% May 21 29'A May 22 Sealright-Oswego 26% Feb 11 29% Jan 7 Sears Mar 12 15% Jan 3 Seiberling Rubber Co 4% Apr 18 25 Dec 13 23 7/8 Jun 28 20 36% Jan 3 12% Jun 1 21% Feb 29 3% Dec 27 7% Apr 13 27 28% Dec 43% Nov 26 63 15 50 Apr 39% Jan 4 59 20 59% Dec 8% Dec 14 11% May 22% Nov 62% Jan 10 18% Nov 29 12 22% Feb 3 72% Feb 8 Sharon 25% Feb 18 12 93 Sheaffer 7 Shell May 21 i,7 13% Feb 15% Jan 14 21% Feb 7 45% Jan 19 55% Jan 4 Feb 18 12% Apr 27% Feb 6 35% Mar 26 43 Sheller 25 15%" 22% 41,900 71% 73% 73% 74% 11.030 21% 21% 21% 21% 22 Va 21% 22 44.500 59% 59 59 'A 85 98% *97 57% *97 33% 33% 337/8 16% /17K'> ;16% 68% 69'A >:69'A 13% 13% 13% 28% '13 13% No par 53% 54% 2.50 20% 22% —1 57% 58% 56% 57% 57 Va 58% 50 % 51% .49% 50% 50% 51 8% 9Va Gas Corp.. No par V No par - G)__ 1 8 54% Feb 12 677% May 2 Sinclair 24 73 Dec 17 61% Feb 13 80% May 27 Skelly Oil 50% Feb 10 67 Aug 3 60% Jan 21 83 May 31 Smith 3 46% Jun 7 35 41% Jan 60 16% Nov 29 32% Jan 12 16% Jan 17 2 49% Sep 20 64'A May 10 47% Feb 13 24 17% Feb 8 18% Jun 6 7% Dec 13 12% Jan 17% Jan 12 Dec 21 20% July 31 53% Jan 16 45 24% Jun July 10 24 20 35% Nov 15 17 33 Dec 12 40% Jan 45 Nov 21 54 % July 27 Apr 20% Jan 11 11 May 31 21% Jan 18 shares 57 20% 210 21% 21% 22'A 21'A 22 10.700 58 Va 59'A 50% 51% 24% 25 Va 25% 25% 2 6'A 19% 19% *191/4 19 % •19% 19% 700 12% 12% 12% 12% 12 Va 12% 4,100 29'A 30 29Va 213/4 29% 29% 1,500 46 46 46; 46 46% 46% 77% 75 75 74% 75% 400 66% 67 yb 16,500 46'A 77% 76% 5 66% 67 65% 66 66 «A 661/2 80% 77% 78% 78 Va 79 78% 8,000 78% 77% 25 10 81 77% 79 79V2 80% 81% 83 5,500 79'A 38 38'A 37% 38 38 40'/a 40% 41 18% 18% 18% 19% 591/4 19 Va 19% 19% 20'A 59 Va 59% 59% 60 18 18 25 33'A May 8 357A Jan 45 2 51% May % Jan Co Co 10 5 Inc 15 Co 6 8% preferred Porto Platinum. 18 50 — *75% 58V4 597/8 59 1 Socony Mobil Oil Co Inc. South 800 *45% Corp Aircraft 30 30 77,200 No par ' /; 18 18% 17% 17% 17% 8'/a 8% 8% 8% 23% 23 '/a 23 Va 23'A 48 48 48 49% 34 33% 34 49V4 11 1,500 |6,600 12% 23% 39% Jan 32 % Mar 27 ; No par Smith-Douglass 5% 257/3 92% 19% 49'A 13 92 . 100 91% 90'A ' ' 25% 23 Va 51% Feb • 19% South Carolina E & G Co com.4.50 23% May 9 9Ve — *- 12% 2 2 9Va — 24% 8% 46% Jan 6.000 ' 9% 9 6,500 1 50c 1 —1 187/R Jan 3,800 57 _£ O) Corp Smith-Corona Inc.— Solar 4Va 4 56 Va ordinary South Amer Gold & 9% May 1.200 14 4'4 54% 90'A 2 6 7 % Mar 14 14 54% *54 87% (A 24% Jan 1.100 43,900 89 Va Saw & Steel 52% Jan 21 28% 27 'A 88% Corp. Oil 400 28% 7.50 Co__ 72% May 7,800 9,700 13'A 26 34 28% 23% 23% 16% 74 4 Va 4 4 9 x87/8 13,600 16% *13 1 :< % 28% 34 Va 71% 16% 72% 26% Simmons 55% Jan 23 16% 14'/a 17 Simmonds 33% 33% "13 84 *82 84 26% 11 8 1,700 14 Sheraton Jan 31% 26% 49% Jan 89 10 31% 14'A 32% Apr 18 98% 27 4 1G0 98% 70% 16% 70 14,000 //•' 313/4 31% *82 33% 87 98 % *97 . 84 *82 84 *82 31% 58% 58 *85 87 *85 98 % 31% 31% 31% 58% 87 *85 3% Inc 1,400 153/8 22 72 14 Va 12 Mar 25 74% Feb A 70% 26% Corp of America Signode Steel Strapping Co.. 5 *•••;■ 73 'A 1 17% Jan 26 t 15%/ 22 3A 1 1 Nov a: 15'A 21 3 ; Co Mfg »'<• 2,200 1.G00 15% / 28% (W A) Pen Co York 30 21% Apr 55% Apr 88 New 26% May 31 13 373-4 20% 377/a 21'A 28% Co.. 10 94 20% 373 4 - 21 *15'A Shell Transp & Tr— 22% Mar 13 Mar 19 29 . 26,iuJ l&Va 28% (Frank Oil 37 35% *93 DAY 5 & Oil & Steel Shattuck 210 -5 20% 20% . Falls Corp Industries Shamrock 2 ' 9% May 13 *180 94 *93 94 "l6 279 MEMORIAL 35% 35 35 20% 69 •270 210 5 preferred Shahmoon 2 617/8 May 13 8 77/8 Mar 12 9 Roebuck $4.50 17 *180 *67 3A EXCHANGE CLOSED : Servel Inc common 58% Jan 47% May 17 100% Aug 6 49% Feb 60% Apr 26% Jan 7 Feb 16 19 Feb 26 27 8 42% Jan July 11 39% Jan 3% Jan Mar 15 23% Nov 13 5,900 ; 21% 85 1 Co 20'A 69 20 Va STOCK 20% 274 58 1 Seaboard Finance Co 4 16% Nov 21 52% Oct 1,100 21% 20 Air Line RR Co 25 Va 72% 25 100 Scovill Mfg Co common 3.65% preferred *24% 15% No par No par preferred 25 21% No par common 7,600 *270 94 , 37.%" 37% 34% *67% 20 % 96 20% 20% 1 Co 36 Jan 34% 35 % 34% *94 10J 33% ' " Scott 62% Mar 13 7 30% Feb 75 3 Feb 23' 30% May 40% Apr 33% Dec Apr 48% Jan 13 Jan 15 16 22% Mar 13 16% Feb 40% Feb 18% Jan 100 St Regis Paper Co common 5 1st pfd 4.40% series A 100 San Diego Gas & Electric Co..—10 Sangamo Electric Co j 10 Savage Arms Corp 5 Schenley Industries Inc —1.40 Schering Corp —15c 5% 270 34 20 V* 69 270 ' 84 168 25 20% 70 20% 156'/a 17.000 74% 72% *83 *156 23% 247/8 21 Va *69 Preferred series A 5% 270 190 247/3 25 *24% 156% 34'A 100 5 May 23 32% May 10 2 17 60% July 31 33% 34% 34% 160 *154 160 *155 St Louis Southwestern Ry Co.—100 11 74% Feb Mar 28 20 Sep Aug preferred 4.30% conv • preferred St Joseph Lead Co St Joseph Light & Power St L San F Ry Co com 4% 156% May 29 46% Mar 6 24% Dec -5 —.10 —100 —10 No par No par Safeway Stores common 74% May 31 93 Mar 22 60% Feb 17 Nov 30 50% Feb 80 8 7/8 . 9 23 Va 8,900 8.500 46,900 3.400 9 Va 4.700 23% 4,300 *48 50 500 34 34 Sugar 1,200 __5 preferred Southern California Co Edison 34% *33% *33% 34'A *33% 341/4 33V4 33% *33 33% 50% 50 Va 50% 50% 50% 51'A 8.800 50% 51 25 com 33% 25 Rico 24% 17.200 300 11 23 20 % Jan 2 24% May 20 Southern 24'A 24 Va 241/4 24% 24% 24% 2 4 Va Southern Indiana Gas & Elec.No par 31% 31% 1,000 32 45 44 441A 45 x43% 44% 22,700 38% Apr 7.50 45 397/8 Dec 31 44 Va 23 18 1 32 31 3<p% Fpb 31% 31 18 3IV4 31 33% Apr 31 '4 Jan 33% Jan 43% 43 43'/a 43% 43% 43% 16.900 43 Va 43% No par 40'/a 41 'A 40% 41% 41 Va 41% 15,200 18 Va 1,500 19% Jan 29 Mar 16 May 27 46 % May 23 10 44% Nov 29 587/b Mar 23 42 % Feb 12 467/8 Jan 38 % Oct 1 49% May 16 40 May 28 457A Jan 8 17 % Dec 6 207/b Jun 17% May 10 19% Feb 4 84 Dec 26 91% Jan 1 4 24% May 15 28% July 19 17% Nov 21 4 20 May 28 Jan 6% Sep 17 4 non-cum Mobile 22 33 % May 27 Southwestern May 21 18% Jan 10 4% Mar 27 40 Jan 3 45% Apr 25 95% Nov 30 103 % Mar 6 6% Jan 7 Jan 28 54% Jan 4 65 92% Feb 13 94% Jan 9 17 Feb 25 19% Jan 14 20 Feb 12 24% May 94% Apr 26 98 % Jan 15 $4.50 107/s Feb j2 11 72 % Jan 7 327/s Jan 22 Spiegel 31 11% Dec 19 16% Jan 3 7n% Dec 28 83% Jan 17 22% Oct 1 31% Dec 7 105 see July 17 page 26. stk tr 69% Mar 23 28% Feb 12 12% Apr 9 Public 20 $4.50 Rand Corp common preferred Inc common. preferred Square D Co. *78% 1 1 .2.50 18% 81 181/4 40% 18'A 81 18% 81 33'/a 327/8 33 Va 32% 17 17 16 Va 17 16% 16% 5 Va 5Va 62% 63 48% 48% 94 *92 5 *60 48% *91 5% C5 49% 92 5% 5 65 *60 50 51% 94 *92 17 Va 17Va 17 Va 171/4 17% 17% 22 Va 22 Va 22 22% 22% 22% 4 97% 961/4 ,—__2 xll% 11% 11 No par 5 *68% 69% 69% 70 30'A 31% 30 Va 30% 25 18V8 *78% 32% 6 100 1 J.50c 40 *78% 32% No par common Spencer Kellogg & Sons Sperrv Co 18 Va 100 ctfs Service Spencer Chemical Co 4.20% preferred 24% Mar 20 96% Dec No par preferred (A G) & Bros Inc Sparton Corp.Spear & Co. $5.50 pfd 29% Apr 2 (Del) Spalding 18 1 Co Ohio Jan 737/8 Jan 29 & 16 63 % Aug 17 footnotes 5% 26 12 16% Nov 5 Gas Co Southern Railway common 81 25 21% Nov Pacific 10 Dec For 17 South'n (The) Natural 78% Apr 47% Jun 38 Jan Southern *96 3 96% 11'A 18'A *78 V2 79 3.100 32% 32% 16% 16% 1.600 Va 3,200 53% 5,400 5 5 *60 65 53 *92 30 94 17 Va 17 '4 8,800 22 22% 39,500 *95% 96 % 60 6,000 95% 95% 11 % 11 % 11 Va 11V4 *69% 70 V4 *69 Va 70% 40 30% 31% 30% 31'A 9,400 Volume Number 5643 185 . . The Commercial and Financial Chronicle .. (2577) NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 195(5 - Lowest Range Since Jan. 1 Highest 36% Oct 2 44 % Lowest " May 14 77% Nov 30 91% Jan 26 6% Dec 28 12% Jan 37% Jan 6 77 2 May 13 6% Jan 2 43% Nov 29 48% Jan 23 31 50 58 % May 65 May 28 88% Dec 28 12% May 29 13% Nov 15% Aug 17% Jan 21 43% Jan 23 51% Jan 4 Aug 14 62% Apr 9 55% May 15 100 % Mar 23 2 3 65% Dec 19 4 43% Feb 9% Jan 3% May 22 of Oil of Oil of New 60% May 2 Standard Oil of Ohio 8 "3%% 47% Feb 12 18 2 14% Jan 94 Jan 25 7 20% Sep 30 Va Oct 14 27% Mar 12 20 Feb 13 4 17 5 >/4 Oct 32 37% Dec 29% Aug 24 19 Feb 10% Feb 8 Dec 6 Aug 15% Mar 15 28 70% Jan 31 22% Jan 101 % Jun 82 23 26 15 7 Nov 27 Jan 13% J3n 6% Feb 86 22% Nov 7 26% Jan 6 22% Jan 39 Feb 6 19 78 Mar 22 33% Apr 66% Feb 6% Dec 940 26 Nov 9 21% Jun 25 35% Nov 10% Mar 29 21 July 1,300 Dec 2 4 30 % Apr 2 52% Mar 16 9 27% Feb 7 1,210 May Stokely-Van 5% 8 Sunbeam - 14 8 Mar 20 Swift Superior Oil 50 Va July 26 33% May 31 39% Feb 11 42% Jan 10 55% May 10 46V4Jan 9 99 82 89 8% Feb 9 Sweets Co 21% Nov 8 Feb 14 62 53% Ncv 29 69% May 45 37% Oct 18% Feb 6 8 Apr 9 $4 Talcott Inc 8% Jan 11 31 Temco Dec 13 00 60V4 Jan 11 Tennessee 51 32 38% Mar 26 5 4 27 Apr Feb 5 .' 75 May 31 49% May Texas Gulf Texas 33 Va Oct 1 6% Dec 150 21 Jan 23 34% Feb 10 20% Oct 10% Jan 1 20% Dec 182 % May 9 135 2 May 16 28 4 Texas 49% May 2 Texas Utilities 21 % Jan 2 Textron 29 21 3 17% Jan 21 22% May 24 47% Jan 28 54 22% July 10 54% July 10 13% July 31 10% Jan 23 14'/a Apr July 23 51 , 4 Mar 28 14 Jan 26 10% Jan 2 48% Jan 23 80 Nov 1 69% Feb 12 104 Feb 19 Jan 23 62 % Feb 13 47% Mar 26 28% Feb 17 13 102% Dec 14 ,90 Jan 7 32% Feb 15 24Vs May 29 87% Feb 12 Apr 5 27 34% Oct 15 16% Nov 29 Jan 31 24% Feb 13Vs Jan 4 .13% Mar 20 5 9 35% Feb 12 Apr 24 May 24 50% May 31 25Va Mar 12 57 Jan 29 31"% Jan 2 61 9 52 Nov 29 59 25 Jan 10 33% Nov July 27 19 35 52 % Apr 17 27 Oct 1 36% Mar 12 27% Feb 25 34% May 15 49% Nov 21 62% Mar 13 51% Feb 26 62 29 % Apr 12 22% Feb 8 27 18 Jun 11 Apr 25 52 Jun 7 16Vs May 28 47 Apr 23 21 Va Jan 30 15% Apr 64 46 Dec 6 25% Oct 25 8 13 Va Feb Dec 14% Jan 18 35% Jun 9 15 54 7 Apr Mar 15 25Vs Apr 1374 Feb 12 2374 Feb 12 57s Jan 3 44 15 8 31 Va Feb 10 108 % Jan 26 Nov 29 Apr 23 47Va May 8 1337s July 17 30 Nov 20 91 Feb 15 83 Va Nov 30 104 Jan 5 Jan Oct 1 8'/s Dec 11 29 Oct 10 1 96 Va Dec" 17 Dec 18 125 103 Va Oct 10 121 Va Dec 18 104 44% Dec 17 May 28 277s Apr 1 20 3274 Apr 20 26 Vs Feb 12 93 Dec 24 96 7 107 Feb Jan 23 207s Dec 14 587s Feb 11 41Va Dec 27 62 39% Mar 4% Feb 9 3 4*8 Jan 2 73 Vs Jan 23 82 May 4 77 Va Apr 23 6'A Jun 20 7 Jan 3 67s Jan 11 Mar 21 47s Jan 5 6 Dec 14 23 Jan 5 6 Vs Feb 11 21 Jan 17 367s Dec 38 28 % Apr 8 13 3A Jun 8 16 Vs Aug 20 137s Feb 55 44 % Jan 437s Dec 12 28 Va May 11 35 35% Jan 23 Mar 5 Aug 14 32 Feb 41 Va July 30 38 Mar 15 Nov 14 42 Nov 15 44 % July 20 47% 44,900 27 27% 37,900 24 Va A—25 United 39 39 39 40 38% 38 38% 383/s 3974 22,000 7% 7% 7% 7% *7% 7% 73A 73/4 135Va 135% 1,000 *133% 137% *133% 138% 6974 Jan 8 United 8 United-Carr 15% 15 Va 153/a 4,800 *19% 19% 19% 19% 22 19'A 400 21% 21% 21% 21% 21 Va 21% 54% 53% L3% 3,200 *53% 54% 53 7o 15 15% 537a 200 *15% 15% *15 15% 15 13% 13% 15% 700 13% 13% 13% 13%. *46% 13% 47% 13% *46% 900 47% 46% 46% *46% 47% 40 *13% 14 *13% 14 133/a 133/s 100 1 x78% 79% *90 95% 20 77% *13% • 78%; *90 78 *90 95% 40 24% 24% 24% 24%., 24%,.24%. No par 99% '— —5 100 98% 99%"; 13% 13% 43% 45% 37% 38%) 98% 98% 13% 13% 45% 46 38Vs 38% *53 1 50 26% *53 * • 38 2 31% May 23 16 63% May 31 S 22,400 15% 34% 200 33% 33% 337a 21,300 52 Vs *26% 147a *33% 503A 51% 800 33 26% 26% 26% 5,100 1,600 53% *52 33Vs 33 33% 33 33% 33% 59% 59% 333/4 12,400 60 59% 59% 603A 29 603/4 29% 3,400 28% 29% 29 29% 283A 29'A 23,000 16% *16 Va 163/a 49 *47'/a 49 16% *47% 8% 16% 8% 16% 16% *47% 50 48% *47 8 *8% 8% 27 26% 26% . 55 16% _ 1,400 8 8% 1,200 26% 27% 27 28% 32,900 157« 157s 15% 15% 15 27% 28% 28 3078 3i 7% 73A 7% 54 8% 5 77s *51 157a 15 15 7s 00 313/a 32 Va 73/4 8 73A 73A 1,100 59,100 1,300 32% 32% 33 32% 33% 337a 337a 8,700- 11974 117% 118 117% 118% 117% 118 Va 10,600 Corp—10 23 10 28 93 23% Va 22% 22 % 22% 22% 2,100 28% 223A 287a 22 287a 287a 287a 283A 287a 93 Va 11,200 93% 94 93 93'/a 93% 94 85 *76 280 87% 60% 59% 607a 17,000 29 Va 30 Va 29 Va 293/4 26,500 8,200 preferred 85 *76 71 Va 91 7074 72% *88 10 8 Va 29 Va 30 29% 30 5 32 Va 32 »/a 32% 327a Co 5 preferred *120 100 pfd conv 72% 100 Inc 105 8% 737s 135 105 Va 10 28% 2 8 3A 27% 28 No par Carton Corp..—10 *97 8 Va 8'A 71% *120 America—No par of & 71 Va No par Co 104 73'A 135 28 Vs 277a 100 28 *95 No par 61% 613A 61 267s 61% (Del)—No par x45'/a 45 Va 46 46 100 (Del) 1 Coal Cos 5 5Va *78 77s 6 Va 5% 79 7 Va 88 *86 87a 89 100 20 8'/a 8'A 29% 29% 33 32% 32% 1,300 73 72 Va 73% 28,300 72 Va 125 *122 130 ►104 105 104 104 277a 283A 5 Va 98 Va 61% 63% 46% 277a *95 26 3A 57a ♦78 7% 28% 273A 26% *45% 79 7% 72% 7% 100 Va 29 28 1,900 16,600 1,300 98 25% 253/4 1,800 64 64'/a 9,200 *457a 5% 79 5,000 57a *78 7% 77s 46 578 200 4,700 79 7% 21,400 6% 6 Va 6 Va 6% 678 307a 31 Va 4,100 307a 31 307s 303/8 15% 157s 153/4 157s 157s 157a 8,400 4574. 45 Vs 4 53A 457a 46'A 37 457s 46 Va 16,500 36% 367a 65/s 31 % 32 5 15% 157s No par 45 Vs Corp 5% *78 85 30 273/4 26% preferred *76 *71 *32% •95 98 27 3A Co Fastener 8% 85 71% 125 104% 277a 71 297a 267s 6 5/8 ♦ 1,600 10 36% 367a 367s Co—13Va *37% 3678 367a 37% 37 Vs 377s *37 Vs 373A 5% 373A 53/s 373A 300 5% 5 % 53/s 57a 1 14 Vs 14 Vs 5'A 5% 3,200 14 Vs 14% 143/a 15 Vs City Mines Co (The)—1 17s 147a 15% 1% 14,700 17s & & Mfrs Inc Chemical Corp. Gypsum S 38 8,200 59 S preferred __ Co common preferred __ 1 preferred series A 57'A ' 1 Va 1% 1 Va 1% 5,500 13/s 5.400 55% 58 58% 60 59 593/4 *83% 9,400 85 84% 85 85% 85% 180 36% 37% 37 37% 37 Va 373A 7,400 29% 30% 293/4 30 29 Va 30 3,100 607s 61 61 83 83 1 37 377s 30 Va 307s 60 61% 160 Va 160% 160% 158% 158% *159% 87s 9 Vs 8% 83A 83A 97a 36,300 *3078 31'A 200 No par 4 100 Mach common—82Vac class A preference 50 Industries Inc common x56 . 100 Hoffman 4Va% 377a 15% " 293A U U 46 3/4 92 U S 200 46% ■" 4,800 32 Va Foreign Securities S Freight Co 5% 2,400 49% 1374 118% & 7% 99% 49% 137a 32% No par %% U 98% —^ 2,200 No par 8 7 — 24% 21,700 Corp—6% „ 4 24 24% DAY 10,200 95% 40 597a convertible Borax 15 27 26% Electric U 15% 7 79-% 3978 46% 37% *90 , 1 Dye & Chemical Corp com—1 U 78,7a CLOSED MEMORIAL 59 1 common Corp 86 Va May 20 EXCHANGE 13% 447s ,' ' ' — 13 Va United 377s May 27 STOCK 40% United May 23 :14 < .78%: 95% United Feb 6 15% 41 % Gas Improvement Industrial Corp_ 22 7,400 15% 40Vs 387s May 17 Vs Apr 48'A 42% Gas 4474 May 48 41% United 7 49 20 common—5 8 Jan 48% *53% Cig-Whelan Stores com__30c $3.50 200 49 x21% Engineering & Foundry Jan *19% 139 500 587a Carbon United 21 17 Vs Jan *39% ■ 50 Fruit Co 7 40 37% 1 . United 12 40 38% 29% Lines Board 4674 May 11,400 40 37% 10 United 14% Feb 45% $4.50 preferred 15 36 46% 60 3A Biscuit 162 42% 237a 9 1 43% 41% , 27% 11 7 32,500 24%~ 167s Jan Mar 19 75 30'A of 1956) Air United 62 Va May 20 73 27% 477s Jan 13 72% 23% 2 14 3,500 59 Va (ser United 77s May 20 974 Jan 9 53 29% 4% 2 4 Jan 52% 27% Aircraft Corp common Jan May 15 53% 71% 23% (conv) Co convertible 297s Mar 14 6 '/a 53 71% 25 4% 43'A Jan 79 44% 6,500 53% 70% common—10 United Apr 4,700 52V4 -1 RR 90'A Jan Mav 16 1,900 ' 27% 1954 ser__50 Film— 1 Drill 100 42 57a 15 23% 12 43 Vs Jan 26. 73% 53A 147a 27% 11 49 Va Mar 16 page 53 71% 6 15.% <23% 35 Va Jan 19 % Mar 22 . For footnotes see 52% 5% 14% *77 Car May 24 Jan 20% 6V4 15 *88 Twist 33 8% May *193/4 6 No par Tank Park 29 20Vs 14% —No par No par non-cum Merch 156 19% 6V4 14% series—- Union United 1 22 Vs July 19 4 20% common— Union United Feb 3 27 Dec 19% 6V4 14% 70 6,100 California of 9 181 Dec 15% Dec 20V4 20V4 - 88 27% Paper 29 55 35 11 3/8 *86 23% Materials 3374 May 16 83 155 A $4 2 51 % Apr 11% 3% $3.50 series 17s Jan 237s Jan n% 300 / No par $3.70 series 15% Jan 2 ny4 50 Preferred 8 Aug \\i/2 common Preferred 11 77 ny2 1 $4.50 series 13Vs Feb 39 Va May 9 28 Vs Oct 24 20% Aug 9 52% Nov 29 Co United 23 11% 88 10 Preferred 2 24% 11% 100 Preferred United 1 % May 4,300 2 Corp & 11 28% Jan 29 13,200 427a *86 No par Bag-Camp 19 374 Mar 26 1974 Feb 33'/a 42% 1 Corp 6% Jan 31 6 33 Va 43 Union Asbestos <fc Rubber Co_ 38 Vs Feb 1% Dec 77s Jan *23 78 33% 42% 86% Udylite Corp (The) 2 12 24% 33% (The) Corp 5 20 *23% 42% TXL 5 Vs Apr 5% Nov 14 Vs Dec 24 34 42% 10 28 20 287s Apr 9 71 Va Mar 26 19 Va Jan 48'A Jan *23% x33% 18 14 2,300 24 10% Jan Jan 500 1,200 397a 35% 30% Jan 115 23 Nov 397a ; 20th Century Fox 152 357s Jan 39% Twin City Rap Transit com„No par 5% conv prior preferred 50 Twin Coach Co.. z —1 May 29 26 39 *52 Union Pacific 166 38% 27,600 243/a 86 (The) series Union 23 38V4 4.30% conv preferred 4% 9% 1680 24 55 Preferred 4 8% 1600 24% common___l Inc Tung-Sol Electric Co Oil 8% 1622 24 52 8 113'A Jan 8 1590 23% 2 2 Apr 7% 1625 23% 38% 88% _r 14 9V8 Mar 1598 24% 38% 25 Jan 31 1630 24% 52% 3 297s Apr 1 71'A May 28 1615 52% Jan Apr 30 36 61% May 25 2,300 x26% 61 8 72 26% 3174 Jan 12 71 53% 22 8% May 24 6 2774 Feb 71 % 42% preferred $2.70 preferred Truax-Traer Coal Co "2 517s Feb 71% 32% Jan 26 Va Apr 2,100 72 7% *32% 79 Va Jan 2 71% 714 33% 89 9 72-May 10 Vs May 10 73 x7V4 32% 86 657s Apr 3,400 72 36% 15 707. May 28 39 23 36% 32% 21 25 40,200 22% 36% 33% 100 Va Jan Apr 28% 23% 15% 11 27% 28% 36% 34 Elec 9 May 16 3,500 23 33% Union 92 81% 27% 15 Vs 29% Mar 19 8074 Jan 79% 37% 33% Union 1,900 87 23% 33% Underwood *84 79% 1 Oil 87 79% 5 26'A Jan 9 *84 78% No par 17 11 87 78% 28 2 Bearing-,. Carbide Jan 4,000 *83 79% Inc Chem Jan 32,000 13% 27% 1 Airlines Union Jan 7% 52% 36% Tri-Continental Corp common Union 93 87 7% 23 Corp 247s Mar 25 30 7% 700 37% (The) 12174 May 17 112 1,200 15 Co 12 5 3,900 27 *86% common..^ 12 18 45% 26% 13% 15V* 20 Va Feb 27 45% 27% 7% x48% 1007s Feb 81 Va Oct 45% 27% 51% 15% 2 287s Apr 45% 7% 48% Jan 16 18 * 51"/8 15% 17 29 18 ♦ 14 48% 50 167s Apr 19% » 23% Ry Co___ 29% May 27 33 187s 18%' Transue & Williams Steel May 15 Apr 25% Dec 52 Jan May 29 874 Apr 11 357s Jan 11 92 Va Dec 28 18 Mar 27 15 5Va Nov 78 16 16% Mar 19 20% Nov 21 26 19 *18 13% *135% World Trans 303 1,800 '19 50% 50c issued 4 20% Jan 18 Vs 14 100 Toledo Edison Trane Co 34 1,600 *17% 50 No par Transamerica 11 9,000 39% 50 Co___ Roller 24 26% Feb 15 20,800 22% 1 Inc Products 22 14% May 31 24Va Feb 12 30 % Oct DAY 29-% 23% (J R) 50% Apr 41'A Apr 28% July 23 29% 22% 39 42 $1.20 preferred When t 4,600 34% 4% preferred Tidewater Oil common - MEMORIAL 13 Vs 13% 1 common Co Thompson Timken 78% 7 CLOSED 39% 500 72% 28% conv Thompson 42% May 27 26 Feb 27 40'A Feb 7 45% Apr 30 28 Va Mar 21 1 20 Mar 29 51% Nov *84 7Vt ; 22% "-J 18 83 72 *13 36% . $2.50 convertible 13'/a May 24 89% May 8 95% Apr 18 102'A Apr 16 L 49% May 31 Pacific Inc Thermoid 12 49% May 31 13 Va Dec 43% Nov 14 preferred No par Thatcher Glass Mfg Co common—5 $2.40 conv preference No par The Fair No par 15% May 16 15% Apr 12 53 25 & $1.25 May 24 44% Jan 19 23% Nov 27 Jan 11% Apr 8 11% Jan 25 10% Dec Dec Jan 9 16 51 STOCK EXCHANGE 28% ctfs ex-distribution 10 20 33 160 Sub share 13% Apr 18% Apr H% Jun 86 8% Mar 15 38% Jan 16 7 13% ' 15,300 4.16% 4.48% conv preferred series Texas Pacific Coal & Oil Texas Pacific L&nd Trust 42% July 27 47% Aug 21 44 IVa Jan 16 27V4 50 com—7.50 Producing Co Sulphur— 29% Apr 29% Apr 20 15% Feb 9 33% Apr (The) Inc Instruments 40% May 15 39% May 31 45% 27% 25 10 29% Mar x45% 2.50 11 14 18% 18% *81 72% 21% 18% 27% 81% 29% *17% 100 3,900 18 ' 5 Corp Jan 30% Dec 45% May 17 x27% 18% 17% 46% 46 25 Texas Co 24% Apr 28 May 31 15% Feb 12 33 18% Dec 16 19% 18 • 16% 50 Corp Gulf 27 5 18% *17% ; 39 21% 39 17% 10c Corp Aircraft Texas 11% Jan 21% 4,900 16% 13% 29Va 93,300 59% 90 No par 9 25% Jan 21% 29V4 39 12.50 California Prod TelAutograph 18% Jan 12 29'/a 81% 72Va *13 65 58% *88% 23V4 (James) 5% May 31 54% Feb 13% 2,300 68,600 38,100 1 : preferred 14Vs May 27 12 81% 72% 3% 55% 54% 25 Elec 4 7 30 30 Inc of America 12 Feo 80% 17% Symington Gould Corp 20% May 17 18% 39 No par Co Sylvania 17% 17% 1 Corp Paper Co__ 18% Dec 31 28% Dec 26 15 % May 14 May & of 18% 71 29% 1 Steel 9 31 Mining Co Superior 13 May 28 1 3,200 64% * 16% *13 13% ' 1 Sunshine 1 26 6% Dec '* 54% • 58% 16% 17% 1 pfd series of '55 2 Dec 12 Va Jun 2,400 • 53% 90 18% -18% 3% »•: 64Va 58% 16% 38% 20 Corp 63 90 • 16% . 81 21% •••••- No par Sutherland May 16% 75 29 No par Biscuits 27% Jan 90 5 2nd 39% May 31 27% Jan 29 1,730 59 5 : preferred series A— 2 62% 58% *88% 71% *13 15 61% 59% 90% 81 /«, Camp Inc common—1 Sunshine 12 11% May 31 18% >; 5 : Co 11 16 16% 1 Corp Jan 21 58% No par 5%% 9V4May31 Dec 18 64'/8 ________10 4%% , 3% 63% *89 Sunray-Mid-Cont Oil Co common__l 74 3% 3% 5 Sun Chemical Corp common $4.50 series A preferred Oil 3% 54% Sun Feb 14 77s 54% Inc—1™ Studebaker-Packard 17 81 12% Dec 7% 3% 1 prior preference 35% Feb Jan 7% 53% Storer Broadcasting Co__ 11 42 7 7% 7% 53% 7 Stone & Webster—- 24 38 May 78 Va 53% _100 new (J P) & Co 21% Feb 22% Jan 41% 78% 54 29% May 16 24% Apr 11 38% Jan 18 8 6% Mar Shares 41% 53% 81% May 31 13 ; the Week 78% 53% Inc__ Stevens 8% Apr 2 28 Dec 66 Friday May 31 41% 54 Va 10 A Stewart-Warner Corp. Stix Baer & Fuller Co 16% Jan 93 Feb 12 34% Nov Sterling Drug Inc 52% May 31 7. 13 22% Feb Stores 11 29% Apr May 24 30 Va July 31 Bros 23 ? 50 12 72% Feb 7% Sales for Thursday May 30 41'A 54% Mfg Co Corp Warner Sterchi 19% May 21 18% Mar 5 12 Feb 7% PRICES *77% 78%' 53% Ry Equip 41% Apr 3- 13% Mar 7% 41% *77% 53% common Starrett Co (The) L S Stauffer Chemical Co 2 18% May 15 17% May 28 36 Feb 12 46 41% 78 SALE 25 Jersey series 23% Jan , 26 25V4 Jan Stanley 29% May 31 2 17% Feb 41% HIGH Wednesday May 29 May 28 6.25 California Indiana.^ preferred Standard May 16 77% May 17 18 Feb 29 50 13% May 28 89 31 Jan 13 25% Feb 10 85 25 31% Feb 31 39% Apr 21% Jan 3 16% Dec 61, Mar 18% May 27 i 3 Aug 15 May 31 17% Jan 2 62% Jan x73 3% Oil Standard 14% Jan 41% No par distribution Standard 15 27 Ex Standard 81 17% Nov com___No par Co Inc—1 Standard Gas & Electric Co— < 65 31% Nov 31% May 28 9 22% Feb Inc 55% May 31 62% Jan 4 28 22% Aug 8 20% Jan 26 Erands Tuesday May 27 • 12 87% Jan Monday Par $3.50 preferred Standard coil t-roducts 12 28 11 ; 50% Mar 26 13% Dec 17% Dec Standard 11 53% Feb 25% Nov 1 LOW AND STOCK EXCHANGE 42% May 9 82% Feb 13 3% May 16 4y% Jan NEW YORK Highest 1 50 160% 87s *31 9 31% ♦31 15% 16 Vs 15% 31'A 157s *443/4 457s 44% 44% 31 *44 157s 62 31 157a 4574 603/4 157a *44 63% 161 16 453A 8.100 310 13,900 100 25 Commercial and Financial Chronicle... Monday,. June 3, 1957 The 26 (2578) EXCHANGE STOCK RECORD NEW YORK STOCK 11 8VB Jun 15 9'A July 13 8'/e Feb 22% Feb 23 y8 Jan 11 351/4 Aug 1 oi ya Dec 28 70 Jan 6 32% Nov 29 51% July 18 31 Dec 26 92 27% Jan 4 3 U 4 U 67 % 2 1 67% Mar 14 Feb 1 142:iT-MiiJ 27 19'/2 Sep 17 17% Febv12 29 26 17% Dec 17 71% Sep 10 56 Jan Dec 49% Jan Jan 156 1 Smelting Kef & Min coin—50 Jan 11 U 61% Jan 31 24 2 U Jan 20 19% Jan 16 U 6 Tobacco Co common- 28 64 8 May 49 2 Jan 25 15 Jan 22 18 8 Jan 4 Apr £3 7 87 Jan 21 10 Apr 17 United 10 33 May 22 27 141/e Apr 23 13 May 28 15% Feb 10'/2 Jan 9 7% Dec 17 82 Dec 27 99 6 Dec 31 IO1/2 Aug 3 13 y2 Dec 26 26 Vb Aug 9 9 15 4 13% Jan 41 % Feb 471/2 Feb 12 6 167 Feb 24 29% Mar 12 31% Jan 2 36 142 % May 27 155 Dec 65 6% Jan Apr 39 7 81 Mar 23 5 29 3 Apr Feb 4 • 8'/e> 12 23 Vi Dec 20 70 Dec 20 82% Mar 29 68 May 14 71% Apr 24% Nov 12 26 14 24 Jan 28 29 % Apr 10 10 12 50% Jan 2 Vanadium 7 2 13»/2 Jan 9 Van 7 Van Dec 38 % Feb 9 21 17% Jan 4 3 40% Feb 12 y4 Dec 25% Nov 21 37'/4 Apr 6 25% Jan Jan 20 7 9 May 12'A Nov 28 4 40 y2 Dec 55% May 9 41% Feb 58% Mar 29 May 48% Apr 28 4 7 130 Feb 12 128 24 Feb 20 25% Dec 26 387/b Apr 13 20 Jan 128 25% Jan Dec 18 116 Oct 30 103 Feb 85 Dec 28 106 Mar Dec 11 87 1 5 111 May 17 90 14y4 Dec 27 Feb 12 Mar 27 80 6 83 May 29 98 Mar 85 Jan 18 93 Mar 13 66% Feb 11 83 May 22 A,,r 14% Dec 141 17% closed 27% 80 28% 800 69 % 28% 28% 1 46% 46% 45% 46% 45% 45% 9/8 9 27% 26% 26% 12% 12% 12% 12% 12% 12% 12% 47 46% 46% 46% 47% 46% 3 47% . • *27 123 — : . ' 77 4P-— 31% 31% HI/2 25% 25% 81 81% 82 82% 82 82 33% 32% 32% 33 33% 33 33% 30% 29% 29% 29% 29 % 29 3/8 30 *11% 12% *11% 32% 30 *11% 13% 100% 102 25% 11,900 230 101 101 101 1,000 115 25% 25% ' *82 85% 85% 88 83 83 *83 *85 93 *85 93 85% *82 •33 *85 *82 ' ' : — ' 20 •'85>:-.••>> 93 1,300 1,100 ■;;:■> 1,200 12%% ■' lm"' *11% 12% 14 13/8 13% *13% 14 13% 14% 16 16 16 *16 16% 16% 16% 67% 67% *67% 69 51% 52% x52 52% 4.800 13% 1,100 12% 18 —16 101% 114 113 25% — 5,300 23% 21% 111% 113 — 100 84 22% 23 — 3.100- 31% *79 84 21% 21%% —V 31% 21% 1 preferred •• *123 *111% 113 x25% 26% xl01% 102 'oO 85% x86 86 *85 93 x81 81% 21% _ 1>700 *123 '*79 •" 84 *79 6,700 , ' 31% 31% 31% 82 700 26% ; ; *123 -- ■ 26/a *123 •' —" 123 *123 31% 82 —10 convertible 5% 17 % Mar 29 7 Jan 14 27 .. 2,BOO 12% v 46% *123 ——100 common-; 9% 9 27 com—100 6,500 46% v'r 46 9% 9% 27% 9 ■ 700 70% 28% 9 80 *27% 69% „. Co 500 27 - 28% —10 - 1,900 144 144 144 27 77% 34% 34% 34% 34% 19 > 77 76% 76 *142% 900 9% *9 *17% 34% 190 83 82 *17% 70% Chemical com—No par Materials 1,100 28% 25 preferred (w i)__„—.——10 Vulcan 7% 9 19 77% 430 1,200 7% day 8% 2,300 13% memorial 82 82 17% 33 *13% *69/4 preferred 6% 12% May 24 16/4 Jan 23 7 17% exchange 33 13% 7% 1,800 33 17% 7% 60,000 142 28% partic preferred issued When stock 800 67% 66 141 *32 % 13 57% 57% 57% 65% 141% 69% 2.50 Co Inc preferred div 6% Mar 11 32 29 11% Jan 1 33% May 24 May 20 29 16 Dec~31 12% May 22 1001/2 May 29 12% May 22 26 50 57% 64% 69% 100 Virginia Elec <fc Pwr Co com new__8 $5 preferred .——100 $4.04 preferred ; 100 $4.20 preferred *.-100. $4.12 preferred —100 Virginian Ry Co common 25 6% 22 17 33% Jan 10% Dec Apr 23 79'/4 Nov 27 9 124 1 32 28% Nov 2,700 x23% Corp of America Industries Inc Va-Carolina 8 25% Jan 20% Feb 13 103i/2 peb 31 46% Jan 2,900 50% 100 Norman 3%% 6 Mar 84 15 781/2 Jan 109% Apr Feb~13 93 480 21% 50 *69% noncumulative preferred—100 Victor Chemical Works common—-5 32% May 10 18 24% May 104 144% 21% " 24 18 6 94y2 Apr 28 Dec 143% 21 % 49% *142% 144 26% 27 26 144% 20% 12.80 preferred -& Light Co Power Raalte 26 1 com 5% 34% Mar 26 21% Nov Inc Vicks Shreve & Pacific Ry Feb Sep 82 Co Pictures 20 10,100 45% 143% 19 76 50 93% 44% 9 *34% 8,800 82 45% 7% *17 142Vb 144 Vertientes-Camaguey Sugar Co—6% Vick Chemical Co —: -2.50 2 129 123 105 y2 Dec V4V0 Utah 11 14% Jan 2 11% Jan Universal May 28 27 12 23% Feb 77 34% 34% 34 *91% 94 83% 8% 400 44% 142 142% xl7% 17% *32% 33% 13 13% 7% 100 7.500 67 *66% 82 *91% 57% *82 8% 23% *80 *80 65% 7% 5.700 *8/2 34% 33% Shares 23% 66% 66% 67 34 82 94 64% 83% 9% 19 76 % *34% 23% - 33 313/s 8% 23% 57% *17% 100 preferred Dec 137 7% *82 9 Wallpaper Inc common 1 Class B 2nd preferred——14 Universal-Cyclops Steel Corp 1 Universal Leaf Tobacco com-No par 18% May 23 85% Apr noncumulative l'/o 50 58 65 May 31 32% *8% 44/2 45 143 143% 20% 21 49 49% 66% 142% 143% 17% 17% *33 33 % *13% 13% 16% 100 No par 7% Feb Feb 38 49 -----5057% preferred S Steel Corp common 7% preferred preferred—25 United Stockyards Corp —;—1 United Stores $4.20 noncu 2nd pfd-5 $6 convertible preferred_^._No par 36 7 T:o 18 155% Jan S Corp— 73/2 Jan 169 30 Dec 3oy8 Dec 45% 142% 143% 20% 20% 100 preferred let noncum 73% Dec 23 Nov 17 12% Jun 44% —5 Rubber Co common S 8% US Shoe 57J/4 Mar 25 141 May 29 17 Mar 1 Mar 69 143 , U 4 24 21% May 31 57'/2 May 28 28 33 y2 Dec 67 34 85 91% 24% Friday May SO 31% iVeek the Thursday May 29 8% 23% *8% 23 % *66% 33% 32 *91% Sales for SALE PRICES HIGH Wednesday • 32 31% 8% 9 4 58 170 31% -1 preferred ___ 931/2 Mar 29 May 13 39% Feb 27 31% 4%% 4 Mar 87 88 42% Nov May 35% Jan : .w-.——-------lO/:ivvv 8% 8 Pipe & Foundry Co —5 x23% S Playing Card Co_ 10 *66 S Plywood Corp common—,——1 33% 3%% preferred series A—_—100 *82 3%% preferred series B 100 91% U May 24 July 18 128 142 ya Dec 51% Jan 24 7 U 8% Jan Jan 301/2 M^r 2 90% Mar si y4 Dec 37% Jan 63 82 Par S Lines Co common 1 11 12 29% May 14 36% Dec 22s/b Jan Monday May 27 AND LOW Tuesday May 28 . I , EXCHANGE Highest Lowest Highest STOCK NEW YORK Jan. 1 Range Since Year 1956 Lowest > STOCKS Range for Previous. — — ■ 800 ?-•. 700 • w 3 83% Jan 74»/2 Nov 28 67% May 51 19 14% Jan 26 33 Jan 29 75 12% Jan 12 9 "37% Oct 40 y2 Jan >251/2 Feb 9 37% Aug Jan 3 27 *22 > 27% Dec 19 Vb Feb 8 2 % Dec ■ 26 15 % Jau 24 28% Jan 16% Jan 24% Jan 14 2 ■426% May 13% 13% 13% 29% *29% 29% 29% 29% 77/4 77% 77% 77% 77% 77/a 17% 17% 17% 18 18% 18% 18% 17,800 13% 14% 4,800 *91% *113/4 92% 17% 13% 13% 13% 13% 13/8 14 91% 92 91/4 91% 91% 92% 11% 11% 12% 12% *11% 12% 24% 24% 25 24% 25 56% 59% 58% 59% 59/8 60% No par No par 37% 37% 37% 35 35% 5 33% 34 *25% 3% May 15 35% x32 1 -V 2% closed •'im¬ 25% 25% >.■ *25% *27% •>, *2% 37% 1,300 36 8,200 25% . #■ 500 500 25% 28 *2% 2% 11,000 32% 27% day ■1 900 2,800 60 % *32 28 2% memorial 26 27% 120 12%> 25 35% 36 32% .900 37% exchange 37% 35% 32% x 2% 28 2 >4 37% : 27% 25% 27% 25% 32% V 59% " 37% 900 • 24% stock 24% Waukesha Motor Co— 3 32/4 Mar 27 2% Feb 28* 4>/4 Apr6 13/4 29% Wayne Knitting Mills 5 Wayne Pump Co—-t__.— —1 Welbilfe Corp -i———.1 17 34% May 24 17 23% Jan 13% 78 5 Washington Gas Light Co Washington Water Power 36% Jan 100 29% 1 100 1 Pictures Inc. Bros Warner-Lambert 38% Mar 28 23 13% 13% *77% Pharmaceutical—1 Warner 3 601/2 May 29 34% Feb 26 28 Feb 26 > 2.50 Co Baking Co common 5%% preferred Ward Industries Corp— 2 67% 51% 51 52 /« 29% No par 10 -No par System Ward 25 8 9 Mar 51% (Hiram) G & W Walworth 95% Jan 37 Ya Apr 38% Mar 23 35»/4 Dec 20 Walker 26 4 42% Feb 12 9 9 491/4 Aug 1 >401/4 Feb 2 22% Apr Apr 30 291/4 Dec 26 18'/a Jan 27 12 18% May 29 12% Apr 28 20 15% Nov 23 •••' Feb -77% May 31 911/4 May 15 11 % May 10 17% Mar 12 106 12 15% Feb 7 20% Sep 30 13% Dec 95 »/a Dec 17 ' 8 11 *67% 69 *67% 15 Corp Walgreen Co Apr Feb 70% Feb Mar 20 Nov Waldorf 30% Jan 13 29 9 6 131/4 Dec 29'% Sep 64 Wavner Electric 56% May 15 13% Jan 4 May 28 preferred——100 Wabash RR 4 % % Jan 24 2% - 1.50G V' 700 " > ■c- ,;'0 26 20% Feb 16 25% Jan 10 97 26 Nov 341/2 Jan 29 43 48% Jan 23 41% Jan 9 2 64% May 22 West Indies 28 % Apr 15 39% Jan 4 West Kentucky 261/a Feb 27 281/8 May 28 West West Penn 2 Mar Dec 20 105 42% Jan 30 18 108 Jan 12 25% Dec 31 88 > 104 ' 63 Mar 27 Jan 20 15'/2 Dec 13 16% Dec Dec 28 IO51/4 Feb Feb 13 Jan , 28 Feb 18 47% Jan 11 93 29 4.10% West 104% Mar 20 Mar 1 63% Jan 4 Western 18 20% Jan 4 West, rn 12 33% May 14 62% May 16 2 1281/2 Jun 5 Feb 17 129 Feb 4 130 92 Mar 25 129% Feb 4 691/4 Dec 103 62 Apr Jan 28 27% Jan 23 28% Mar 14 44% Feb 12 53% May 24 102 10 9 61% Feb 18 23 Jun 26% Feb 16 30 61 25% Apr 17 4 191/2 Dec 26 101/4 Jan Dec 31 25% Jan , 4 3oy8 Sep 26 371/4 Feb 20 Oct 18 13 9 20 127 145 Feb 18 Jan 4 36% Feb 2 75 Jan 31 10 1 9 83 Feb 13 88% Jan 10% Jan 4 7 ,45% Jan 16 .64% May 29 3 . 8% Apr 11 27% Feb 12 30% Jan 14 31 Feb 12 35% Jan 2 99 7 Mar 12 •123% Jan 2 36% Dec 12 8 10 16 29% Nov 28 25% Feb 141% Jan 3 91% Feb no d Name sales on changed 30 12 " • , , Feb 26 131% Dec asked prices; 56% 56% 58 57 - 83 — 500 •. t 1 . t. ';•> v ' 10 common - White Motor 1 common 100 common—1 preference 20 convertible preferred 50 5%% White Co preferred — Machine Sewing Prior $3 Wilcox . f. ' *127 •' f *84 85 "> 56% 56 34 57 57% *93% 94% 94% 94% 94 94 *93% 24% 23% 24 23% 24% *61 63% 63 62 62 *58 *27% 57% *61 56% 27% 27% 28 Va 28 % 28% 53 S/8 52 52% 52% 53 98% 98% 24 28/8 52% 98% *97 53 *97% Stores 6% preferred 9% 9% 9/4 26% *26% 26% *33% 39% *3"v% 39% 190 54% 54% 55% 10,100 13% 13% 13% 6,100 Woodward Iron 54 No par 71 71 *70 73 15% *1434 15% Woolworth (F W) Co W 'net n Corp *14% 10c *4% 1 213/8 323/4 common 100 10 *123 10 Co 10 10 Prior preferred 4%% series—100 Wrigley (Wm) Jr (Del) No par 3,800 IOO * 40 13 Vb 10 30 9% 53% — 400 2,900 99 26% *39% Wisconsin Public Service Corp 28% 53 26% 13% Wisconsin Elec Power Co com 100 98% 9% 54% Inc 8,500 62 9/a 40 Inc 110 24% *26/a 13% 10 Industries 4,700 95 9% 53% No par $4.25 preferred 57% 263/8 40 Wilson-Jones Co ' ; 98% 9 *26% 1,200 *127 *127 X23% 57 9,500 37,400 85 / 5 Oil Co Wilson & Co Inc common *83 13% 54 13% 5 21% 33% 126 *43/4 21% 21V8 32% 32% *123 *70 15 *4% 5 126 21% 32% 71% *70 73 15 *143/4 15% 5 *4% 4% 21% 21% 3,900 32% 5,700 21% 32% 33 125% 22 Vb 22 VB 22% 22% 32 32% 31 % 31% 31% 43 43 % *123 125% 22% X22 % 127 200 200 - 10 223/8 22% 2.200 31% 31 31% 1,800 12,100 - 43 43% 43% 43% 43% 43% X62% 63% 62% 63% 63% 64% 62% 6" X90 % 90% 89% 89% 89 89 88% 88% 84% 84% 84% 84% 85 85 83% 84% *7% 7% 7,500 120 1,100 ' 19 and '>'*■ Mar 19 98% Mar Ex-rights. ' May 13 92% Mar 15 y 83 62 131 12 •Bid 83% 61% _34 23 dend. 82% 61% 14 Jan , 84 1,100 8,700 73/4 60% May 14 21% Jan 22 52% Feb July 30 71% 85 30% Feb 88 101 73% 60% V- in l-Dixie 15 Jan 71% 83% 30 24 20 73% 70% 60% 23% Apr 50% Mar 19 83% Feb 95 4,800 8 99% Jan 34% Aug 15% *90 11,000 18% Feb 60% Nov Jan *15% 18% Windsor 22% Feb 6 32% Ma/13 3,600 15% 95 31% 9 _ 22% *15% *90 57% 21 124 40 18% 5% Jan 19 24 22 21% 5,900 . 31 19% Jan 23 26% May 24 21/4 10 42 103% 18% 7 41 y8 Jan 7% Dec 31 95 103% 31% 24 88% Nov 29 30 21% 15% 15% 41% 42% 104 * 43% Dec 83 y. Nov 21 *90 42 *103% 18% Apr 42% Mar 104 31 May 27 26% Apr 43% 43 "103% 150 I8/4 4% Jan 27 90 13,100/ 100 31% 15 24% July 10 291/2 Oct .15% Jan May 17 *84 28% 4,900 18% 71 Mar 22 21 y2 May 15 1 47 59 13 4% Dec Dec 29% Jan 14 29 141/4 Jan ,69 10 1 39% Apr 45% Feb 30 30 5 23 7 13% Jan May 27 May 10 16% Apr 82 y4 Apr 12% Jan • 9 2 29% Mar 14 30ya Jan 100% Jan 95% Mar 29 8 131/2 Apr 90 28 98% • 31 $5 preferred No par Whirlpool Corp common —5 4%% convertible preferred 80 White Dental Mfg (The S S) -20 50% July 24 1 *84 34 18% Wheeling Steel Corp 8 87 *33% 7,500 63 32% 62% 86% 9 68/2 Jan 30 92 62% 18% 2 .26% Mar 22 , *88 87 44 104 600 ' 31% 61 86 *127 96% Jan v 23 15 92% 44 2.50 Telegraph Union 69% Jan 12 92 May 13 23% Feb 13 801/4 Feb 20 99 53% Feb 31 24 31% Jan Aug 30 361/4 Feb Jan 28% Feb 99 % *88 ■ Westinghouse Air Brake 10 Westinghouse Electric common_12% 3.80% preferred series B 100 Wheeling & Lake Erie Ry 100 1': 4 .' 271/4 Dec 4% Feb 54 17% Apr 26% Feb 12 , Western 71 Jan 28% *98 92% 55% preferred 5 52% Feb 27 % 98% 56% 11 83 28% 55% Feb 4 27% 98% Pacific RR common.No par 49 65% Mar 20 35 *82% 4.80% 99% Jail 33 Z8 *88 92% 91 *103% 33% Maryland Ry com—No par noncum 2nd preferred 100 2 com 27% 44% 31% 15 % 96 73% 83% 98 Inc > 60% 62% 31% 21% 2 85/4 May 14 —100 Lines Auto Supply Co *43 63% 21% Jan 15 5 " 62% 15% *92 70% 83% Western 77% May 15 Paper common 27% 27% 44 62% 5 100 Western Air 3 29 20 27% 98% 100 100 *27/8 28 44% ——1 2 16% Jan 27 Jan 27% 98% *08 *87 43% pfd preferred 24% Jan 14 821/2 Dec 46 4%% 27 Apr 4%% preferred series C Va Pulp & Feb 50% Nov Sep 28 21% Jun 3 5 100 Coal Co Power 91 36% July 17 94 *43 preferred series B 4 20% 9 86 29 28 44% Corp Sugar 14% Feb 821/2 July 20 29 171/2 Nov 21 28% *43 x62 30% preferred May 17 58% Nov • 4.8% 221/2 Mar 68 '/2 Feb 26% Nov Jan 21 May 10 47 95 16 103 23 67 105 May 28 37% Apr 5 93 x- 87 27 Apr 18% Jun May 97»/a May 24 91 Jan 14 13 105 Dec 28 % -50 1 —4 Penn Electric Co Mar 20 5 Mar 20 29 112»/8Jan 12 92 - com—2.50 Snowdrift & 27% May 31 2 Dec 21 441/2 Dec 3 25 y2 Jan ■ , 52% Feb 44 1 44% Nov •V Oil Wesson 43% May 10 301/4 Oct v- 12 Vale & Towne Mfg Co 5 __lo Young (L A) Spring & Wire 5 Youngstown Sheet & Tube—No par Youngstown Steel Door No par 7% 7% 28% x32 107 28% 28% *7% 23% 32 *31% 109 105% 30 29 7% 7% 28% 28% 28% 28% 31% 31% 31% 106% 107% 32 106% 7% 29% 29 107 28% 31% 900" 4,600 4"K> 109% 7.800 29% 29% 29% " 4,800 117% 116 % 116% 2,000 distributed, x Ex-divi¬ z . 121% Apr this day. Felt from May 27 Wyandotte Worsted Co 8 Zenith Radio Corp tin receivership, or petition & Tarrant Mfg. e No par 114% 118% 114% has been filed for the company's reorganization, IjTame changed from Harris-Seybold Co. 116% 116% a Deferred deliverv r Cash sale wd When Number 5643 185 Volume . The Commercial and Financial Chronicle . . (2579) * Bond ' Record # I * * / -% italic letters in the column Figures headed after Range for Previous "Interest decimal 88 Dec Range Since Jan.1 Lowest Highest 17 NEW YORK Highest indicate represent one " * * t in each the case 32nds more of month LOW AND Low High *96.12 96.20 *96.10 12 91.12 Dec 91.3 Nov 13 90.12 Dec 12 90.11 Dec 12 Nov~l3 30.22 Mar" 8 95.14 95.11 Mar 88 10 9 May~31 92.24 FetTlI ^ 96.30 Nov 13 96.30 Nov 13 97.8 Mar~28 97.8 ■ Mar 28 Dec 13 Dec 7 89 Dec 13 89 99.28 Jan 16 101.16 Jan 9 101.16 Jan 17 102.16 Jan 92 Feb 4 90 Feb 96.18 *96.4 96 12 91.14 *91 918 *90.24 *96:4 96 8 *96.6 100.8 *100.2 100.6 *100 2 100 6 *100.2 100.8 100.6 *100 100.8 *100 100 8 *100 100.8 *100 99.14 *99.12 99.14 98.19 *98.16 98.18 1961 *94.28 95 *94.28 95 1962-1967 *90.22 90.26 *90.20 90.24 4 5 : 15 Aug 15 1963 *93.16 1963-1968 June 93.20 *89.22 '*89.6 *89.2 *88.29 1966-1971 June 1967-1972 100.8 May 16 103.4 Feb 5 96.16 Apr 24 101.16 Apr 23 104.24 Feb 4 93.22 *89.12 89.16 *88.26 88.90 88.28 *88.22 88.26 88.28 *88.20 88.24 STOCK *88.18 88.22 *88.14 88.18 EXCHANGE *88 12 88.16 *88.10 88.14 88.26 ^*88.20 88.24 *88.20 88.24 *88.12 *88.12 88.24 98 1959-1962 *98.27 98 29 *97 97 2 *93.8 93.12 Mar *93.4 93.8 *93 6 95.8 *95.4 95.8 *90.4 *87 1 Oct 11981 1976 88 *87 88 *87 *84.16 Oct 15 Jan 1 1969 Jan 1 *92 1971 asked price. and lot transactions, 1977 Oct 1 May , *84 86 87 *83 85 *92 93 *92 93 *9L *94.16 95.16 *94.16 9246 95.16 *93 95 93 : 95.16 96.8 "95.8 • 102 *96.16 *99.16 ' : 100.8 *97.8 '•. Friday .BONDS York Stock Interest Exchange Period Week's Last due Feb 15 1958 *97.24 15 1959 *96 15 1960 *94 95 due Feb 15 1961 *92 93 due Feb lft 1962 Low . Territorial IssuePanama Canal 3s 1961 New Quar-June ___ York Bonds Bid & Asked 'admitted'to FOR High Corporate Stock WEEK ENDED MAY Low . Brazil 96=4' 59 91% 98 ill . .3%s r Foreign Securities series A §AExternal sinking fund 7s ser B {AExternal sinking fund 7s ser C §AExternal sinking fund 7s ser D AExternal sinking funds 7s 1st ser A External sink sec AExternal sec 30-year 3s s Australia fd sink 7s fd (Dominion 2%s 7s 10-year 3V4s 1957— 20-year 3%s 1967 20-year 3'/2s 1966 15-year 3%s 1962 15-year 3%s 1969 15-year 4<%s 1971 13-year 5s ser 3rd ser 4%s debs adj jABrazil (U S of) ■>, reduced to 89% ' J f s Stamped 89% *88% to 90 89 92" J— 49 89 • • ', . A 6s - 46% ' 51 iti 92% % 94 " , 100'4 94% 98 y2 92 37 89% 93% 98'4 13 -T — — * " 97% 99% "W ; 99 y4 165 : ii 97% 100%' 165 96% 106 —. % 118V2 *135% —*" " 107 ' 135 Va June-Dec - *88 Vu 90 1957 . -- June-Dec (interest June-Dec \'77 assented reduced to 3.375%) 1979 External dollar bonds of 1944 A (interest 75 r ->■ - 112 V* 1 A7s 1 75 ' - 75 — — —■-'-V. 88 88 88 73 % 73 % 99% 99% - " 3%s series No. 2 -June-Dec series No. 3 : series No. 4 No. 5— 3%s , assented Consol June-Dec — 3 — 119 119 66 97 98 96 132 * 132 77 97 series No. 7 June-Dec No. 8 June-Dec No. 9 66 6%) 98 June-Dec *98 33/4s series No. 10 June-Dec 33/4s series No. 11 June-Dec *94 No. 12 June-Dec series No. 13 June-Dec *92 3%s series No. 14 June-Dec 96 series No. 3 %s series No. For footnotes Jiine-Dec 17 see —— I-J ' — page 31. -June-Dec •— 96 93 95 92% 92% 91% 96 — V2 93% 94 —— 93 93 93% 94% 93% 93% — — 99% *94 99 *94 ~ ■ *94 47% • 47% 5:t 47% 42% ■ 46% • — — i • • 47 48 — — — I" .. —— 80 48 48 80 80 Afay-Nov "I Mar-Sept ■ . • j. 81 ■ 81 43% 47 9Va 12 ' — —r;- ;'V-.*9% 5s 1951 ■■ '. 14% '114 '114 55% 54% 54% ' 54 58y4 — *75 , June-Dec Jan-JuZy __ *60 — • 61 102% 102% . 50% 50% 73% 76% 52% 60 102 Va 106 5oy. 53 44 52 . reduced to Jprll-Oct ; FOREIGN *45% - 48 SECURITIES FIRM TRADING MARKETS Carl Marks FOREIGN & Co. Inc. SECURITIES SPECIALISTS 20 BROAD STREET TEL: HANOVER 2-0050 ^ • % . 118% 121 For Financial Institutions ^ 48 80 -- ; . 47 ' : — ' June-Dec 16- ** ' 44% 43% — Mar-Sept I960-. 7s assented (interest to 1960 96 95 97 *94 38/4s 44% i' •V' „ 98 95 94% *94% 3%s 15 47% rj-.' *78 97 94% - 81% • *42% 97% J - —w 80% 8VA *78 *42% May-Nov 1962 99% 89 91 5 ' —I• *95 No. 80V4 99% 1 98 *95 48 ■ *42% — April-Oct 1961 I960.— extended 76% 1 18 *95 —— 81 47 ' 46% 80MJ - . 82 y4 46 Va W-. , / *78 April-Oct Municipal 90 3 - 97%.-- 98 series series r 77 97 97% June-Dec June-Dec series 3%s 6s (Republic Stamped ' 2 - *99% 100 3%s series * *42% — June-Dec 1961_1— (Hukuang Ry) ■ 3%s 3%s 46% 80 y4 -' June-Dec — sinking fund 6s 1962 A — 81% 80 78 *78 __ June-Dec § A Cologne (City of) 6%s 1950 JWar-Sept AColombia (Rep of) 6s of 1928 Oct 1961-April-Oct A6s of 1927 Jan 1961— Jau-July 3s ext sinking fund dollar bonds 1970—ApriZ-Oct {AColombia Mortgage Bank 6%s 1947 ApriZ-Oct §ASinking fund 7s of 1926 due 1946.—.May-Noo jASinking fund 7s of 1927 due 1947—,-Feb-Aug {ACosta Rica (Republic of) 7s 1951 May-Now 3s ref $ bonds 1953 due J972_^—»— April-Oct * r~" ; 74 % June-Dec series ,U'"- ' ' *42% May-Nov 1961— assented AChinese 76'i' 65 ' % — ■ 80% \ ' * June-Dec of) 4 V2s external 1977 Cundinamarca (Dept of) 3s 1978—-i. Czechoslovakia (State)— 4 ' 75 — No. 3%s 6%s 1957 . - -- April-Oct (Plan B) series 3%s 52 > 3%s 3%s 90 90 50 'hm'm. Jkfap-Nov i sinking fund assented AChilean Cuba '90 112% ;' A 1978—_—^ Plan 86% 86 79V2 i- — 99 ' " -*117% " 97 61 (interest April-Oct. (interest 1979— April-Oct" to 1963 6s 86% 87% 50% — 1957———-June-Dec funding bonds of 1931 due 1951 Stamped pursuant - April-Oof Bank Mortgage A6s 94 90% 93% — II . 90 2 2H 99% 100% ' -- _June-Dec A 51 *78 Mar-Scpfr 1993 6%8.' assented AGuaranteed 94% .'-Feb-Aup due 94 46% — April-Oat fund 94 95% «.4- Jan-July Jan-July $ bonds 3s 99 93 93% 86% 1961—Mar-Sepf 1963— fund AGuaranteed 100 97:% ' _June-Dcc Plan sinking 94 94 50% Feb-Aug ——Feb-Aug 1962 assented A6% ' 93% - 92 1964—June-Dec 1978 3.5%) AChile A 91 94% Feb-Aug 1965_ 1927 assented 95 ^ 9^% — 94 r> *86 Feb 1961 assented Extl sink —— , ■■■ 99% 92 92 — — -June-Dec external 8s-1941—x to __April-Oot .1 98 94 sC-'. —— J — *99% —Mar-Sept 1950————April-Oct reduced reduced 5% 90 "" ' *88%; June-Dec 1945-— to 3.375%) 5 A 7s (Central Ry) 1952Stamped pursuant to. Plan ; 90 ' 6%s of 19G0 98 96 1 . 99% v.50%A 50% Apn'Z-Oct assented Jan 1961 AExternal 89% 89 88 J—' *48 — June-Dec 4s assented 943/» 93 96% *94 % May-Now 1960 99% *94 Mar-Sept 1978Jan-July f 7s I942__JMay-Noo s 6s 96 96 *94- - x^x>June-Dec 1942 sinking fund 94 - *9494 30-yr 3s s f bds external assented 95 96 ' .—Feb-Aug — 3.5%) A 6s * 89% 1 *88% June-Dec loan pursuant 99 Vt 90 89 89 % s f 6%s of 1926 due 1957—April-Qct Stamped pursuant to Plan A (interest reduced to 3.375% ) 1979.— JApril-Oct AExternal ~2 89% ;.••• *88% AExternal * 98% 89% A8s Stamped pursuant to Plan A . — 89% 1957_April-Oc£ —_— external 89% 1945—Jan-July 1957_April-Oct 1957_April-Oct Jan-July Belgium -(Kingdom of) extl loan ABerlin (City of) 6s 1958 §A6%s 91 % — 6%s (Republic) High 93 - ' 1946—Jan-July — (series 8) j1 "88% 1945—Jan-July ; State) 4 <- f $ bonds 1978-Jan-July 2%s 1974__ —NLav-Sept of) Jan. 1 Lout - *99 s 1975 (Dept of) 94 *92 June-Dec sinking fund 6s Sept Sept 1961 AExternal sinking fund 6s 1962 A6s —June-Dec 1972 (Free of) — AExternal 1945—Jan-July f $ bonds 1978— (Commonwealth SABavaria 2nd June-Dec ^ 30^ (Dept of).30-yr 3s Range Since - No. 94 96% ■ " -•..a No. A6s * 96% ~ 29__*«* series Sold High *99% June-Dec No. — 15 at. par. *95 .June-Dec. series Bonds Friday's *94 ya- 97 June-Dee. 26— * •- ~ ..June-Dec — ARy external sinking fund 6s Jan 1961 sinking fund 6s 1947—___Feb-A«p §AGuaranteed sinking fund 6s 1948 April-Oct (Kingdom of Norway! 4s 1968..—Mar-Sep 7s No. _I June-Dec- - 25 AExternal sinking fund 6s A 6s assented Feb 1961 § AGuaranteed collateral 24 . June-Dec — 23 No. - ... .June-Dec A 6s (Dept) June-Dec 28 §A7s Sept. *95 June-Dec —— 22——— No. series AExternal Foreign Government and Municipal Akershus or Bid & Asked Juno-Dcc No. SAChilo Teletype NY 1-1693 on *"■* 3%s series No. 27. 25-year 93 91.10 issue called Week's Range Last 334s series Cauca Val 97 *92 • entire^ Sale Price 3%s Wertheim & Co. §AAntioquia Period - 7 Caldas 98.24 95 *90.16 n Canada Broadway, New York / 91.16 Interest . Exchange ' No. series _,3%s Agricultural Mortgage Bank (Columbia) V' , 1959, optional 1956, 18 No. _3a/4S.series 3%s Members; New York Stock Exchange No. series 3%s 120 due *97.24 *94 ' 93 *90.16 *- (continued)— 3% a - Stock ._3%s.series No. 19—w „..3%8 series No. 20 3%s series No. 21 . REctor 2-2300 97 *96 95 •" Low „ Telephone "v *92 tTreasury 2%% ''' 98.24 97 *94 - High - 96i\ — 91.16 *97.24 *96 - Friday York 3%s series 96 a's 93 BOND S *103=8 104 June-Dec 97 100 *96.16 . 31 New City 1980 95 *90.16 - 97 *94 *92 91.16 98.24 *96 - Stock Exchange dealings.. Jan.l No. 101 *99 97.24 ?• 95.16 *100 100.8 *97.8 *97.24 97 *90.16 Transit Unification Issue— 3% 98.24 ' Range Since Sold ^ ' ■ *96 Range Friday's or Sale Price ■ : 97.16 *99.16 • *94 102 *96.16 97.24 ' • 96 *' *101 97.16 *99.16 97.24 *95.8 102 *96.16 100.3 *97.8 96.8 *101 97.16 - . * RANGE New 87.16 *36 86 *86 *95.8 1958 88 *84.16 ' *101 1 1978 "■ 86 due Feb No sales transacted this day. IThis issue has not as yet been sale, r Registered bond transactions 95.10 87 due Feb e Cash 93.10 *95.6 95.8 *84.16 2s •Bia 93.16 *93.6 *86 2s Odd 97.2 *93.12 : I Serial bonds of 1950 a *97 86 *94.16 Sept 15 1959 • 98.30 93 10 ' 1,000 98 *98.28 87 '*86 —May 15 1975 2s 88.10 *97.28 Development ! 2s DAY 93.16 *93.12 93.8 " 88.6 38.10 97 2 93.12 *93.4 . *38.2 98.30 *98.28 *95.4 15 1960 , MEMORIAL 98 *97 *93.8* 1959-1962 98.30 97.3 CLOSED ' 88.16 *97.23 *97.1 July 15 1972 2s 88.8 V *88.12 *98.28 Sept 1957-1959 21-year 4 lis *97.28 ' 88.16 *88.4 88.16 '*88.20 15-year 3y2s 20-year 4 y2s 115-year 2V2S H3%'8 96.16 Apr 24 *93.18 98 19-year 3Vus 24 *93.16 89.18 88.18 23-year 3%s 90.20 89 88.26 Nov *90.16 *88.24 *97.28 Dec 90 22 89.2 *88.14 30-year 3y4s ;i *90 18 99.14 *88.30 .'V *88.22 June 95.2 93.20 Sept 1967-1972 ___ *94.30 *89.14 ,.____1957-1959 1958 98.18 95 2 *88 28 r__-Dec 1967-1972 15 *93.16 89.24 2%s June *99.11 98 19 *94.30 93.20 99.14 *98.17 89.6 " 2VsS 2%s 2%s 91 96.10 *99.12 < ' 88.26 *88.22 . 96 *88.24 89.10 *38.22 • *95.28 *89.2 89.1 2%s ' ' *89.20 89.6 —1965-1970 2v2s "*93.16 89.26 1964-1969 Dec 1964-1969 2% s 2V2s 25-year 3s 25-year 3s 17 90.30 Mar * the Week Bonds <$) High 96.8 *91.6 *99.12 14 Feb 90 Low High < *96.4 1960-1965 Treasury 2 V+s 9 102.16 Jan May 15 90.30 Mar 97.20 Mar 12 101.16 Feb 24 Low Sales for Friday May 81 May 80 1 96.8 Dec Reconstruction & 89 Thursday High 91.16 International Bank for 84 Low *91.8 *98.17 Treasury 2Vis Treasury 2 %s Treasury 2^3 PRICES *96.4 1958 Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury SALE May 29 *100.4 1957-1958 „____Mar Treasury 2% s Treasury 2%s 91.20 Mar 28 13 90.26 Nov bec~12 89.21 91.20 Mar 28 HIGH 1961 1995 Treasury 2V2s Treasury 2Vas 12 12 12 - Wednesday , May 28 I,ow High Treasury 2% s 90.12 Dec - 1958-1963 Treasury 2%s Treasury 2V2s 90.13 Dec Exchange the bonds mature. . Tuesday May 27 1978-1983 Treasury 2%s Treasury 2%s Treasury 2%s 91.12 Dec ■ when point. a Monday STOCK Treasury 3%s Treasury 3s • * YEARLY • or EXCHANGE 17 Dec 98 Period" point - GOVERNMENT BONDS Year 1956 • WEEKLY - " .Lowest f New York Stock «« FRIDAY The * 1 NEW' YORK 5, N. Y. TELETYPE NY 1-971 27 Commercial and Financial Chronicle... Monday, June 3, The EXCHANGE BOND RECORD NEW YORK STOCK "RANGE FOR *■ Friday Interest BONDS Stock Exchange York New Period Sale Price or Friday's Bid & Asked Low 3s Conversion International of loan (extl loan Dawes loan)— 1524 „ ^ loan 54 79% 69% 65 68 81% 83 7s 73% 8874 89% 67V2 883/4 ^ 68 15 6 17% 177s 1774 paid 1964—; — May-JVoo A 6s part paid 1968————;i.—..—..—/.Feb-Aug JAHamburg (State of) 6s 1946_— April-Oct Conv & funding 47aS 1966_ __April-Ocf Heidelberg (City of) ext 7'/as 1950 ——Jan-JuZy Helsingfors (City) external 6 7as 1960 April-Oct Italian (Republic) ext s f 3s 1977 Jan-July part "151/4 80% 157a 18 137» 18 167a 807a 1237a 17 1607a 82 Mar-Sept extl A6%s of loan extl loan A57zs '24 Jan-July 46 *192 102'/a 1021/4 102'/4 Feb-Aug 23 *1701/2 May-Nov *99'/2 AJugoslavia (State Mtge Bank) 7s 1957—April-Oct (Colombia) 67as 1954——June-Dec 14% A Small Mexico of § A Large 120 1957a assented 1958 AYokohama (City of) 6s 1007a 104 178% 587a 64 6s 141/a 14% 10 JALarge agreem't) — Large _ A4s (1942 agree't) assented new agreement) Foundry Co— 4748 subord conv debs 1931— ! 5s conv subord debs 1977 American Telephone & Telegraph Co— : 2 'A s debentures 1980 ; 23/4S debentures 1975 137a 13 7a 137a Jan-July "17% 187a 1774 1874 "1774 _____________ lATreasury 6s of 1913 181/2 1774 187a A6s assented new (1942 agree't) i ASmall SAMilan (City of) Minas Geraes (State)— ASecured extl sinking fund : reduced to 2.125% ) extl sink (interest 2008 fund 20% 21 21 21 207a 207a 1147a 117 6 Va8 V Mar-Sept 47 47 2 Mar-Sept Stamped pursuant to Plan A (Interest reduced to 2.125%) 2008_ _Mar-Sent 43 47 72 47 *7174 1959 72 ; — External 99«/2 4Vis 993/i sinking fund old 4 Vis 1965 April-Oct s f extl loan new 1965: April-Oct sinking fund external loan 1963 Feb-Aug Municipal Bank extl sink fund 5s 1970—June-Dec 99'/2 4s 5 A Nuremberg (City of) 6s 1952 Oriental Development Co Ltd— §A6s extl loan (30-yr) 6s due 1953 extended A5'/as extl loan 5Y2S due 1958 lAPernambuco Stamped (State of) 1958 7s W ANat loan ANat loan extl extl f s 6s f s 6s 1st 2nd 7s ♦ (Republic of) A4V2S *66 assented ±VlVLL~OKpi Mar-Sept v 8s Mar-Sepf series. 1960__June-Dec 1966 (Interest APrussia 1968 79 (Free State) 6728 (City of) reduced secured 6Vis Stamped pursuant reduced to to 2 % ) Rio Grande do Sul 8s Stamped . : 1946 76 76 797a *18 21% 17% 2274 25 26% 21 1774 22 •21% 24 217» 24% 17 22 1874 1974 *48% *46 7a v reduced (City of) Paulo to 6Vis (City) extl to secured 87 88 91 ♦37% 2.25%) April-Oct ♦65 52 2004 June-Dec April-Oct 56 47 56 62 65 39 377a 397a 50 557a 49 footnotes see page 31. s — 70 49 45% 52 757a 557a 70 757a " 097a 84 74 78 3/a 86 88 74 85% 23 /' 95 74 953/4 98 98% 91 Va 1357a 96 72 95 223 .96 .65 > 92 89% 997a 101 98 933% 7 977a 88 , >■' 33 91 90% 128 5/a 10 81 1327a 133 7a 96% 7/84% 22 86. 84 89 81 '91// 89 94% 95 89 977a 98 98 92 74 92 ■':V92// 6 88 76 r797a 3 755/a 72 72% 118 94 / 77 . /-/ 80 94'J/4 37 99 97 94 10 10074 78% 38 1007a 10072 81 77 71% 99 * 98 7 106 ' V 102 s/a 97 96 , 102% 1007a *92 . 92 93 20 99 1037a 90 90 2 90 93% 97 97 1 97 98 7a 90% 90% "5 90 *9072 9372 8572 8572 8672 76% 76 7a 78\7 78 80% 1007a 1003/4 100 7772 467a 115 ' *55 •' & 60 7 93 927/a / 96 84 897a 767a 82 23 78 84 75% 84% 96 59 55 547a 54 59 90 conv .subord debs 1972— —— 90 95 (interest general mtge income 1982 first 3s 1976 37ss 1974—' 1962 Canadian National Ry gtd 4%s 1957-. California Electric Canada Souther* 4% Power Pacific consol gtd 5s A 94% 93% 126 *147 7a 1337. 155 129 152 72 152 72 144 — *8772 87 903/4 *87 887z 305 14072 146 Case (J I) & Adirondack 372 8 917a 87 877a 86 3 897/a 897/a 90 124% 158 85 8974 70 70 79 75 77 677a 6772 68 32 67 Ya 72 4874 4374 50 20 48 587a 77 *76 927a 90 92 807/a *91 825/e 867a 96 Feb-Aug 96 96 126 121 126 *82 7a 95 97 106 126 .7 159 827a 83 12272 June-Dec ApriZ-Oct 12072 12372 101% 101% *1015/a Jan-July 8774 4!) 11174 124% 2 1003/a 1017a *' 91 — June-Deo May-ZVoo April-Oct —Jan-July 10472 (perpetual)_± Jan-July 4s 1965i Mar-Sept 4s 1981' June-Dec Ry debs 1978 Feb-Aug • 82 83 86 *__ 993,4 9974 12 997a 10472 104 ,'g 8 103/s 99% Ry— consol debenture .Carthage __ 1037a 135 142 *130 144 90 100 l/a . . 79 85 first mtge 2%s 1975_May-Nov Carolina Clinchfield & Ohio 92 747a 91% 77 57% 93 • — 70 Corp— Z. 4%s conv subord debs 1981 Bush Terminal Buildings 5s gtd 1960 49 •110 *94 Va 27 29 : ; 50 100/4 1007a *913/4 Burroughs Canadian *92 77 100% mortgage Buffalo Niagara Elec 117 ■ Jan-JuZy 777/a 76 74 RR— Maine California Oregon Power 54% 77 767/a Brunswick-Balke-Collender Co— . Jan-July 79% 9 80 797a "94Va 1007a mortgage "5s 5s 49% # - 81V4 / •68 series AC 1967 Mar-Sepf 4%s series JJ 1961. April-Oct series RR 1960 Jan-July AInc mortgage 472s series A July 1970_May-ZVoo Bristol-Myers Co 3s debentures 1968 ApriZ-Oct Brooklyn Union Gas gen mtge 2%s 1976_Jan-July 1st mortgage 3s 1980 Jan-July Brown Shoe Co 37as debs 1971—^ Jan-July 70 70 52 583/4 . May-Noo 88 3/b 75 727a Jan-July May-ZVou _Jan-July !—May-Nov Mar-Sept First (interest — 81% 7674 r79 Y2 June-Dec Feb-Aug mortgage A5s May-Nov 845/a ;"''44':\ -IT/ 82 75% 92 ApriZ-Oct Electric 6s 1955— debentures 1951 f debentures 1959 f s First ♦115 ~—_Jan-July Stamped pursuant to Plan A reduced to 2.5%) 1999 1990 mortgage Boston ... For Jan-July Jun-Dec 1989 2%s series I 1970 2%s series J 1976 Consol mortgage 3s series K 1979 3 7»s conv debentures 1980 __' Borden (The) Co 27/ss debs 1981_—1 sinking fund 1957 Map-Nov (interest 1950— 3 748 f s City A6%s May-Nov 2001 113 8074 80% 84 Consol ♦74 55% 102 3/a 78 ♦977a —May Jan-July Consol •69 June-Dec lbO 80 3/4 803/4 Bethlehem Steel Corp— ♦80 1968 June-Dec (interest 1936 stamped pursuant -to Plan A (Interest reduced to-2i5%) 1999—1 external 96 91 First mortgage 4s Stamped pursuant to Plan A reduced to 2%) 2012 Bao Paulo (State of)— IA 8s mtge 8A6Y2S 91 *52 ref ABerlin *63% April-Oct 1952 2.375% ) 50 (interest 8s 1952, Stamped pursuant to Plan A reduced 5074 46% (interest 1946 ; Feb-Aug Mar-Sepf -Apr-Ocf Telephone of Pa 5s series C 1960—April-Ocf Beneficial Industrial Loan 272s debs 1961-May-Nov — to Plan A 11274 987/a Bell ♦72 external loan of 1926 due 1966 May-ZVoo Stamped pursuant to Plan A (interest reduced to 2.25% ) 2004 June-Deo 7s 1967 stamped pursuant to Plan A 8s 1970 cons.mtge 4s ser B 1st & ref M 3s series Z 47 *90 A7s (interest 5074 __ *90 Feb-Aug (State of) pursuant 127 Baltimore Gas & Electric Co— (Interest 2012 reduced to 2.5%) 1999 internal sinking fund gold to Plan A reduced to 2%) 2012 IARome mtge 37/8S ser A cons 1980 ■ 1st cons mtge 47»s ser C 1995— 4723 convertible income Feb 1 2010 4Y2S conv debs series A 2010^ 1st ♦18 April-Oct 1067a 95 74 Baltimore & Ohio RR— 1st *22 _Apr-Oct Mar-Sept —-April-Oct 763/4 35 87 3/4 1337a Jan-July debentures" 1979 37»s 9074 80 79 Feb-Aug A Stamped pursuant A6Vis 7874 Jan-July 1953 Plan 5 A8s external loan of 1921 |ASao 80 79 Jan-July '51_Mar-Sept ('26 loan) to Plan A to 2.375% ) 2001 JAExternal ■i 44% 77% 1st to 2.375%) 2001 stamped pursuant to Plan A reduced to 2.25%) 2006 de Janeiro A 6s 39 82 84 74 84% mortgage 4s ser A 1980 Gen mtge 47»s ser C 1972 „ reduced Stamped pursuant « 67 ♦18 ApriZ-Oct A6s s f gold extl ('27 loan) 1952 {ARhine-Mair.e-Danube 7s 1950 IARio 67 80 78 •79 Mar-Sept i—Jan-July General mtge 3%s series D 1980-— Mar-Sept Atlantic Refining 2%s debentures 1966--—Jan-July (City of)— stamped pursuant to Plan A 1961 (interest 7V2S 70 1963—May-Nou 1964——_June-Dec Ry 3%s Air Line &:Charl — 91 85% 191 80 Gen - 7874 series gold 6s 1940 Alegre 96 *40% ♦79 1959 Jan-July Porto 937a 1995—' 1 Atlantic Coast Line RR 4 72s A 172 94 Va (interest § A External sinking fund gold 8s 1950—Jan-July A41/2s assented 1963 . 100 96 1717a ■ April-Ocf _May-Nov 1995 4s 89 1263/4 9074 Topeka & Santa Fe— Atchison 103 74 iO /■ 81% - April-Ocf Quar-Jan April-Oct May-Noc Mar-Sept Feb-Aug 1976 debentures 4Y2S Atlanta 99 Va ♦168 1961—April-Ocf April-Oct A41/2S assented 1958 April-Oct {AStabilizatlon loan sink fund 7s 1947—April-Oct IAPoland 10074 100 Va 101 99 Stamped 4s July 99 Va 99'/2 1947_—__Mar-Sept external 99'% General May-ZVoo rv (Republic of) 997a *168 May-Nou 1968__ to Plan A to 2.125%) 2008__ 1 reduced 977. *99 '/a Mar-Sept Mar-Sept 1963 to 10174 997a 1 ' pursuant 4VV.UWM APeru to (30-year) 9 12 Feb-Aug — 1953__ extended 99'% 99'/4 99H4 99'/2 -99'/2 - 101% 89 807a 81% June-Dec 33/8s debs 1977 4s July 1995 A P W Products Co 5s 1966 — Armour & Co 5s inc sub deb 1984 Associates Investment 3%s debs 1962 6 26 100 111 80% Feb-Aug Arbor -first gold 93% 105% 98% 763/4 11274 Teb-Aug 1960 88 101 1. ? 30 126 April-Oct Anheuser-Busch Inc Ann Norway (Kingdom of) 85 Feb-Aug 37»s debentures 1977 —.—2 Anglo-Lautaro Nitrate Corp 4s 46 43 *45 h 98 7a 98 7a 85 77 debentures 1987— — June-Dec 3%s debentures 1973— June-Dec 2%s debentures 1971 Feb-Aug 3 V4s debentures 1984 —2^ Mar-Sept 3%s conv debs 1967 April-Ocf 3%s debentures 1990 Jan-July V 4%s debentures 1985 Apr-Oct American Tobacco Co debentures 3s 1962__ApriZ-Oct 3s debentures 1969 April-Ocf 672s 1958~_Mar-Sept Stamped pursuant to Plan A ASecured *201/2 *20 Va. »114»/a April-Oct 1237a *95 2%s 1963_Jan-JuZy 67as 1952 98 95 Va 893/4 89 ____ApHZ-Oct —_____ 74 7s 92 3/8 102 98 7a Jan-July 1982 23/4s debentures _Jan-July 73 37 35 101% 102 7a 1027a ;_Jan-July 1986 debentures 2%s (assented to 1922 1933-—— {ASmall . /// *13Vi 1963_Jan-July (1942 agree't) 1987 4.80s junior debentures 11274 9672 893/4 2030—-Mar-Sept Jan-June Power deb 5s Foreign American & 993/4 73 75 9572 3s debentures 1966 June-Dec American Bosch Corp. 33As s f debs 1964__May-Nov 90 97 2 943,4 92:% 101 April-Oct 9774 817a ~6 B 90 91 Va ♦7172 93% American Machine & 1968_Jan-July , 11974 Airlines American *19 _____ |A4s of 1910 assented to 1922 agree¬ ment) 1945 A4s 187a —June-Dec assented '/'ASmall 187a (assented to 1922 agree't) 1954 new 19 197i *19 1874 943/4 957a 118% 121 June-Dec 472K s f debentures 1980 19% *19 90 — 91 Va sinking fund debentures 1982 Jan-July Aluminum Co of Canada Ltd 3%s 1970—_Map-Nov 1963-Jan-July 993/4 927a ~3 9272 90 474S __— ASmall due *9472 Avril-Oct Feb-Aug 1979—— debentures f s 95 — — 1998—_April-Ocf 3%s debs 1978 Aluminum Co of America 37ss 1964— _____ A4s of 1904 5s ser 197b 181'-. 90 *2 */'4 d 92 72 1970—Mar-Sepf A 1962 May-ZVoo Chemical & Dye Allied . . (1942 agree't) 1975 472s / u 24 17 74 179va INDUSTRIAL COMPANIES subord debs conv Alleghany Corp debs 1945_Quar-Jan . § A Small. A 4 72S 19% / Allegheny Ludlum Steel Corp— 4s conv subord debs 1981 —___—_.——Apr-Ocf 3s A5s new assented 61 Inc 20 3/a 217a *1774 Mar-Sept April-Ocf 1st mortgage 3 1474 1374 78S 1984 Susquehanna RR ♦17 — *18072 May-ZVoo Ja7i-July Southern 3 74s 1967 Alabama Power Co 1st mtge 372S 1972 Great Alabama 517a 4774 AND RAILROAD 15 60 82 1 —Feb-Aug June-Dec June-Dec of '26 1961 due 1961 extended to 1971 100% . (1922 81 96 Quar-Jan — 81 186 1007a 973/a 14 72 10072 99 85 § A Small assented 1827a *184 9972 967a ■ §A5s ■ 85 Allegheny & Western 1st gtd 4s 1945 ' ■ *85 85 _ due •90 *81% Aldens Jem-July 1968 1899 94 *98% '*7972 (Republic of)— §A5s 993/4 •168 3%s-47as-4/ffs external conversion l978_June-Dec 4s-474S-472S external readjustments 1978 Feb-Aug 1 3 72S external readjustment 1984 Jan-July Valle Del Cauca See Cauca Valley (Dept of) A Warsaw (City) external 7s 1958 Feb-Aug 1943 1968 94% 96 137a 50 7i 5074 50 7i J an-July (1942 agreem't) __ 92 Albany small 92 967a 9572 *164 83 5A4'/as assented (1922 agreement) 1943—May -Nov § A 4 '/2s 9674 01 92% *91 — 95 Mexican Irrigation— ANew assented 203/B 92 ~5 1774 1774 873/4 98 147a 1978 24 17 7» 24% *20 81 AMedellin 30-year 3s s f $ bonds 102% 217a 90 1979 conversion A472s May-Nov 1975 19174 100 89 117 997a 5%s due 1965 extended to 19174 *188 1757a 64 *116 Feb-Aug 1965 15 89 External *116 June-Dec 1954 '30 of 127s Map-Nov 6174 . 63 64 -Jan-July 6V2S due 1954 extended to 1964 1472 •100% 3%s-4s-47as Italian Public Utility Institute— ... 15 *1372 1963 —__ June-Dec (Republic of)— v (dollar bond of 1937) — External readjustment 1979 Map-Nov 62 Va ♦115 (Kingdom of) 7s 1951 Japanese (Imperial Govt) — 95 7» 13 74 Uruguay 587a 5674 27 61 61 30-year gtd ext s f 3s 1977 §AExternal 7s 1952.— 88 __ 14% 1917a 611/2 for Public Works JAItaly 94 8s l953 extended to 1017a 99 100 617a 61 Va 1977.—-—;——Jan-July 30-year gtd ext s f 3s §A7s series B 1947 1657a 7874 — Italian Credit Consortium *92 1965 ;—June-Dec Taiwan Electric Power Co Ltd— A5 V2S (40-yr) s f 1971 Jan-July 572S due 1971 extended to 1981—. Jan-July Tokyo (City of)— A5 728 extl loan of '27 1961—-——April-Oof 572S due 1961 extended to 1971— April-Oct {A5s sterling loan of '12 1952 Mar-Sepf § A With March 1 1952 coupon on Tokyo Electric Light Co Ltd— SA6s 1st cntge $ series 1953— .__ _ June-Dec 135 118 1231/2 12372 A47as assented 1058—— Africa (Union of) 4 7»s 69 6474 SI 92 South 897a 8574 132 ♦134 123 Va 737a High *1372 June-Dec June-Dec June-Dec —June-Dec 1952 extended to 1962 (Prov of) external 7s 1958 ASilesia Jan. 1 Low 0. —__ §A67as 1st mtge s f 1952 83% 70 737a Greek Government— A 7s 2004 (Kingdom)— A 8s secured external 1962—_______——May-Nov A7s series B secured external 1962 Map-Nov Shinyetsu Electric Power Co Ltd— 9974 957a Range Since Sold High loan 6 Vis due .—.June-Dec 1965— due 1930 15 97 ♦66 Va 8378 §A7s gold bonds 1949————— —April-Oct German Govt International (Young loan) — 5 72s 76% 7674 dollar external Serbs Croats & Slovenes June-Dec June-Dec dollar bonds 1972 3s German __ Bonds riaay's *90 7a Jan-July 1968——1_—Jan-July Stamped pursuant to Plan A (interest reduced to 2%) 2012 —April-Ocf reduced to 2.25% ) A 6s 1930— 1980 bonds dollar 5s 757a Apr-Ocf 1972-—. bonds dollar 4s of) continued— 7s external water loan 1956————Mar-Sepf Stamped pursuant to Plan A (interest 71 97 * or Bid 6c Asaed (State Paulo Sao 100% 72 7a 80 Week's Range High 70 *18% 1963—Jan-July 1953 due 1953 issue— & fund issue conv 9974 Last Sale Price Low ♦70 bonds of 1936 Prussian Low No. Friday Period fetock Exchange Yor* New Jan. 1 Sold Interest BONDS Range Since *73'/a April-Oct 1972 bonds dollar 3s 10-year High Bonds 99 Va 100 100 (Kingdom of) extl 4'/as 1962—April-Oct El Salvador (Republic of) — 3»/2S extl s f dollar bonds Jan 1 1976—Jan-July 3s extl s f dollar bonds Jan 1 1976— Jan-July A Estonia (Republic of) 7s 1967 1? IA Frankfort on Main 6Y28 1953— 4%s sinking fund 1973—. —May-NovGerman (Fed Rep of)—Ext loan of 1924 5'/2S dollar bonds 1969--., ——April-Oct Denmark ' WEEK ENDED MAY 31 Week's Range Last , 1957 9672 9674 963/4 26 9974 9974 993/4 8 *63 • 93% 82% 86 103 104,7 94 102 98 101 ya 707a 63 65 79 78% 79 Volume Number 5643 185 . . The Commercial and, Financial Chronicle . (2581) NEW YORK STOCK EXCHANGE BOND RECORD ENDED RANGE Friday BONDS New Yom Stock Interest < Period Exchange Sale Price debentures JVas Central of 1965—: Bid & Asxed AGen mortgage 4%s series AGen of Co Central New Central Pacific N York 3%s J 3s Power Jon-July 1987 Co— Ry impt M 3 Vis 82% 84 first 93% 87 77 •54% 137 59 •' 87 6 92 94 94 Deere 95 series 1996 E consol Second consolidated gold 4s 91% 96% 105 May-Nou ,3 Vis 89 91% 7 94'% Jan-July gold 4s 1989 .Jan-July 91 Va 86% 'I mmm. 99 99% 99% 99 Va 98 1st First 5s mortgage inc ' 99% debs Jan AGeneral inc 1997 87% 2 83% 86% 86% 86% 86 _May-Nov 1982 mtge 4Vis Jan 1988 1 80% 80% 2 79% 85 73% 74 5 72% mortgage 4s inc A2nd series 4Vis inc mortgage A --.■—April Jan 1983 April 2002 April 105 - 4Vis 5s inc series A 1994 4 Vis inc increased conv debs B tr & & North Western . 1 Income 109 & coll Rio 80% 80% 79 1% 60% 60 65 General Gen & & 58% 58% % '"7 • . 80% 85 76 82% 8 61% 61% 68 68% *67% 257 69 3 Chicago Rock Island & Pacific RR— 1st mtge 2Vis ser A 1980 Vis income debs 1995_ I 4 First and Haute & Lake- 3s and Union refund H 1971 (conv series F 1963 66% G 1963 Jan-July trust mtge mortgage Union A ser 1st mtge 27/8s 1978 Wab & Mich Div E 1st Cleveland Electric Illuminating First mortgage 3s 1982 1977 4s St Louis Division first coll trust 4s 3s *84% 89 *96 */2 i 93 93 93 System 3s debentures debentures " B 64 58 84% *77 • 75 % 28 65 66% 6 *82 87% 66% Jan-July 90 104% '85 3s/8s debentures series E 1980-; 37/8s debentures series F 1981.- 3%s 1st mortgage 3%s 1st mtge 98% 87 * 90% •-V 100% 130% 130% 1983— 91 — -Mar-Sept 99 % 37, subord debs Edison 100'/a June-Dec - 113% 113 1977 Feb-Aug 1978 June-Dec 115 87% -April-Oct series f debentures 1999— 88% 91% 91% 91 Va 99% 102 8 88 April-Oct Consolidated Edison First and refund First and of refund mtge First refund and ret M ref M & ref 1st & ref 1st & ref E ser F mtge 3s 3%s series series G H 1979 M 3%s M 4V4s 3s convertible K 1981 1982— 1983 L M series debentures debentures 1st ref 3 Vis 3s Natural Gas 1986 debentures A 3s cum in U S Consumers debs subord Continental 3%s Continental Oil 3s debs Crane Co 3Vis Crucible Steel Cuba Cuba A debs Co of Am Northern A 1st f s A 1st Curtis lien & lien <fe ref 4s ref 4s May-Noo -May-Nov mtge 3 Vis '66_May-Nov series) A For inc 1970 1970 footnotes 1970 page Great Northern 31. 4%s 1959 *89% *88% ref & -- 41% *88% 92 41% 41% 7 32 _ 32 32% 40 40 11 1 Gulf States M ; '7 96% 98'/a 84'-* qo 99% 84 % q9 • ,~T. 91 % *99% 103% 109% 108 • 113% *91% 98% 108 53 94 90% 101 120 126 95% 96% *— 94'/a 92% 99% 98% 100 -April-Oct 95% 9 4'/a 95% 62 94% Mar-Sept Jan-July Jan-July 97 % 97% 98% 146 97% 88% 88% 29 88% Jan-July • ■ 86 90% 100 124% 9o7/a 101 99% 282 97 % 101 98% 101 94 Va 88 89 22 88 95 Mar-Sept 90% 90% 92% 26 90% 95% Mar-Sept Jan-July 1972 92 92 92% 41 90 Va 95% debentures 92 92% 44 91% 92 t: • 1969— 91% 90% 96 91% 92% 102% 101% 102% 939 100% 105% June-Dec 3.30s debs Corp 4s conv Mar-Sept 1980 Mar-Sept debs 1971_May-Nov 107% 106% 107% 652 106% 109 wi Co 43/4s * 1981—April-Oct 6 94 83 —« 83 ?, ' 2 83 83 ■ 23/4s 1965—May-Nov sub deb '75_May-Nov mtge conv debs *92% . 94% 106 93% 108 00% 99% 52 110% ■- • 1969 Mar-Sept 1973 — — 135 143% 104 Va 108% 10 102 105 2 75 79% 1 — series i 1976 D certificates Ohio 106 75 76 — 106 103 Jan-July .-Jan-July Jan-July 4 103 77 Jan-July Jan-July Jan-July 1961 * Feb V 74 Va „lt „ ■ 68% 92 94 16 72 77 15% 19% ' -• 93 77 *15% 77% 65 Va 10 ■ 93 77 — • 79 *67% 93 5 « 75 *77% Feb B 77 75 ■■ Jan-July 16 Va ... RR— inc 5s series inc 4s series A July 2015 3%s series Utilities 2%s 3s G 1st B Jan 1980 2044 79% 94% 71 •67 April 84% 65 V« 72% 90% May-Nov *81 mtge 1976—May-Nov —ApriZ-Oct 1978 1969 Jan-July 23/4s 23/4s * April 1979 —June-Dec 84% rnnm ♦87 ~ 90% 85% — — — 92 — 92 —June-Dec 1980 26% 1st 1st mortgage 3%s 1982_, June-Dec 1st mortgage 3%s 1983 104Va — — — -- — June-Dec , mortgage 3%s Hackensack Water 1981 May-Nov first 89 93% mtge 2%s §AHarpen Mining Corp 6s 1949 93 ' Hertz Corp 89% High Authority 88% 90 Coal : 35% 41% Is conv subord debs and Hocking of the Steel secured Valley Ry Finance first Corp 23/4s 32% 3%s debentures %s debentures 42% 4s 93% 97% —Jan-July Apr-Oct Jan-July 1970 Jan-July Mar-Sept Mar-Sept 1968— 42 »/a sinking fund debentures 1978-. s A f debentures & 1977 Manhattan 144 first Adjusted income 5s Feb 5s A 1957 99% 104 142 Jan-July 1957——Feb-Aug April-Oct 99 104 *80 — — 144 98% 98% 99% 107 — - — 80 82 108 144 " 12 98% 100 ibi% 101% 102 98% 42 99 101 3 104 110 85% 100 -June-Dec ' 4%s — 93 * , 1999 1958 4 34 ' Jan-July 1970 1975— 4%s 42 33% *86 European series) 26% 44 *90 — 1976—Mar-Sept Community—• (7th 33 45 11 97% 129 98% 91 *42% 96% 97% 110% 138% 93% 197/s *42% 95% 88 15 Ry Co- mortgage debentures 126 95% 90 June-Dec 96% 124 111% 88% -- 126 Jan-July 85% ' 74 88 87 86% — — - 67% 66 824 1976 95 91% 70 96 % debs Bay & West debentures ctfs A— 89% — 73 125% 3%s 110 96 ' *89% — 70 5 ,. ApriZ-Oct 1975— debs mortgage 2Vis series R 87% - 70 , 3 Vis General 89'/a 5 91 75% 1976———May-Nov Corp— 104% & 72% 90 121% 178% 91% —. 68 74% 120 mortgage 23/4s series P 1982— General mortgage 2%s series Q 2010 mtge 102 35 May-Nov General 1st 102% __ 1982 97% 95% " 101 74% 69% June-Dec 4%s Mobile 89 103% ' mortgage 3Vis series N 1990 mortgage 3%s series O 2000 AGreen 130 100 101 69% 70 May-Nov General First 68 % May-Nov General Gulf 130 ~5 102 .Jan-July General 3s « 1961 : 153 89 •— 70 94 92% *87 April-Oct : debs 94 _June-Dec April-Oct 3s 93% 88% 68% .—April 93% 115 124 101 *— 1990 5s series C 88 Va 24% *— 101 Jan-July G 2000—Jan-July ser 3 27 *89% 1964—April-Oct General mtge 93% 2015 F 94 % General 88% E ser 1976 Company— General 88% 93% 145% 149 85% 93% 95% 93% 145% 87% 85% 108 subord conv tHudson 1986 see & Union Household ——Jan-July Jan ser 85% *93% Jan-July 94% 5%s -June-Dec June-Dec series BT970— debs 93 % R) 87% Publishing Co— subord (W 85 Va 24 *85 June-Dec 1976 Co first Co 3Vis F) 95% *91 Jan-July Mar-Sept Feb-Aug .Mar-Sept _Mar-Sept Jan-July April-Oct 90 ' 1977 series Grand (B 85 — — *90% Mar-Sept RR— A 1st 90 89% — April-Oct 1984 1st 85 87% 92% 109 Rubber mortgage 1976 1st Grace ' 86 *— 95 % 18 1977 mortgage 1980 (1942 94% & First 1965 115 108% 92 Rys— mortgage 4s Goodrich Tire First 1975 109% 113% 115 *80 108% 93% 63 Corp 82% —April-Oct mortgage 4s June 30 AImp & equip 4s 1970—. 6s Feb-Aug 97 115 _April-Ocf Corp 3%s debs 1979 Utilities Corp— f mtge 27/8s debs 89% 102 87 *87% 146 Mar-Sept Feb-Aug ' » 121% 171% __ ... 104 85 & debs conv A Debentures -April-Oct *— 95 % 134% 136% 90% 87% — 101 % 136% 95% 108% 109% * * 310 Jan-July 91 -•• 174 —— 105% *— 120 income Shoe General 87% *101% 102 108% 103 92% ■ 7 94% *— 103 1969 to payment debentures debs conv Can 3 91 Jan-July ; Realty conv 75 Feb-Aug May-ZVou 1960 Motors 3%s 102 118 debentures 4Vis 78 98 116% 117 1958 debentures 86 90 76 98 1976_Mar-Sept 1961 85 - 92 May-Nov 2001 first 90% 93% 93% *— _ApriZ-Oct 1968., of Cuba— Baking 3s 90% — 98 75 1961 1964_ 85 90 *76 May-Nov 84% 93 % 75 119 debentures 80% 4 __ ♦„ June-Dee as 90 *— Jan-July 1 (stpd dollars) Power Continental 3%s inc 90 *70 89% ~2 89% 116% debentures 87 (Bait . 1 Consolidated Railroads 2 *— Feb-Aug 1931 1979 1978 debentures A 4s 128% 84 89% Acceptance Corp—. debentures 80 ■ June-Dec debentures 1976 debentures 87 *89% April-Ocf 1963_ 2%s 1 May-Nov mtge s f 2%s series X 1986 Consolidated 3 V4s U 1 84% June-Dec 1972 27/8s series 90 .—Jan-July 1986 Consolidated Gas El Light & Power 1st ref M 2%s series T 1976 ref M 83% 87 Feb-Aug 1985 series 87 Jan-July Feb-Aug _May-Nov Mar-Sept 1981 3%s series J 1984 33/8s series conv ser 3 Vis series I 1st & ref M 1st 3s 3%s ref M 1st Motors General 83% 113% 113 *84 May-Nov Co General Telephone 83% 84% 126% 127% 89% June-Dec 3%s debentures 1975 83 157 April-Oct Corp General York— New ser A 1982_Mar-Sept mtge 2%s ser B 1977_ApriZ-Oct First and refund mtge 2%s ser C 1972_June-Dec First and refund mtge 3s ser D 1972 May-Nou Vis Foods General mtge 23/4s First and •81 95 198 ; Dynamics Electric 3%s 87% 78% 83' refund 4 suhord General 84% 93 152 Transportation— debentures 1981- American conv . 196 — B 1972— 23/4s 87% '79 94% — refunding 5s series A 1974—Mar-Sept 4Vis 1980-.— Jan-July 4s 84 — 1995 1961 & Denver Ry Co 4%s General 96 5 84 » May-Nov ser A 3 Vis convertible debentures 115 87% 87 79 *83% Dairies.Inc General 101 138 88% 27/8s s f debentures 2001. ApriZ-Oct Compania Salitrera—See Anglo-Lautaro Nitrate & 4s 133% 89 '82% 3s sinking fund debentures 1999, & General 3s L 1st & and Worth General , mortgage 1st Fort 105% 124 32 debs Rubber & 3%s 1981, Co— mortgage 3s series N 1st 99 % 2 - 95 86 : .ser Gardner-Denver Co— 4%s conv subord debs 2 91 99% lud% First s 94% 93% ' First 23/4s 94 89 May-Now -_ApriZ-Oct 1987_. 92 inc 4Vis debentures A First 89% 88 j- 87 Va cons 3 Vis debentures 1977 ; fFlorida East Coast first ' - 88 19 Mar-Sept May-Nou 1971 first subord Tire Foremost 1 91 89% 1 ... 100% 103 130% id4% 87% 109 93% 94% _npril-Oct • Elec 3%s 1986— ■' 90 86 ■% Vv-.V - debs Jan 1 2020—— April-Oct first mortgage 3%s 1971—Mar-Sept Metallurgical Corp— conv 2%s %' 85 „ '87 .-May-Nov 1970—.May-Sept — 4%s 83 101 2 —'" division Firestone Engineering Inc— conv Commonwealth 3s 99 " 88 — 80 Va 1977 debs (N Y) 3s Combustion 3%s 1977 debs- 1964^ Ohio mortgage 4Vis C 1079—. 1981 conv 161 88% _ApriZ-Oct subord '• 91% 88 " income Fansteel 93 t 80 - fixed 83% 1977 consol Ohio 86% 84 t i> —Jan-July _Mar-Sept D debs consol A 5s 96 93 •' 98% *- 103 June-Dec , . • 85% ; > - *__- 104% Feb-Aug ApriZ-Oct ». debs 1st 90 84 92% *80% 90 85% 87% 1977 mortgage 3%s mortgage 3 Vis First consol mortgage 3 Vis . u „ 88 5 Inc— subord First 67% 90 — — 2 89 83% & coll tr 3% 1965 Stainless Steel Corp— First 77% 64V4 7 86 *84 89% 89 Inc— 3%s General mgte 101 % 74% 86 % 90 *84% V- 89% 89 Erie Railroad Co— 81 101 75 r — gold 5s 1995-Jan-July Elgin Joliet & Eastern Ry 3%s 1970. Mar-Sept El Paso & Southwestern first 5s 1965 April-Oct 5s stamped 1965 ApriZ-Oct 92 84 87% mortgage conv 84 Feb-Aug 1958) _Mar-Sept Mar-Sept 4s debentures debs 1982— subord Edison El 111 102% ; >■; 78 *98 Jan-July 1st 4 Vis 88 83% mortgage 3%s 1984 Eastern 97% 98% 85% debentures series 3 Vis > 99% 3Vis Columbus & South 93 98% 3%s 43/4s debs series G 7 85 June-Dec 1975 88 97% 73 88 87% 1st mortgage 3Vis 1986 Eastern Gas & Fuel Associates— 101% 72 June-Dec 1983 '. 86 72 88 1982—May-Sept 1 4 Vis debentures mortgage 95% 81 June-Dec Oct 2.35s 1st 97% : 92 84 1969— 2%s — 98% —May-Nov 1975— A series Co subord Industries ' 62 89 June-Dec RR 87% Inc— series series " 2 '81% Jan-July 1982 1st 90% (3% 1980 Tunnel mortgage 3%s 85% Cleveland Short Line first gtd 4 Vis' 1961—April-Oct Colorado Fuel & Iron Corp—1 4%s series A s f conv debs 1977 —Jan-July 3s & Duquesne Light Co 23/4s 97 73% 90% May-Nov 1995—.1 1st 94 92 66% — 1979-Jan-July Mar-Sept mortgage 1993 gold 101% 85 99% Mar-Sept First Gas lien — 1 86 9 May-Nov April-Oct 1977_June-Dec 1958 O 85% 10 97% 97% -June-Dec mortgage 2%s 1985 mortgage 3%s 1986—: First mortgage 3s 1989— 4s subordinated 1st 4 67 April 1984 N first & Ironton conv 98% 87% Jan-July mortgage 2%s 1979 mortgage 23/4s 1980 98 5 • 95 98'/a 1991_Jan-Ju/|/ 1990_May-JVou 1970 First Columbia 95 Va —Jan-July 1977 Refunding end impt 4%s series Cincinnati 97% 92 Apr-Oct debs f s gold conv Dresser 92 85% 95 Cleveland Cincinnati Chicago & St Louis Ry— General gold 4s 1993— June-Dec General 5s series B 1993 June-Dec r 70 63% — 95 —Jan-July Mar-Sept 1971 3s Co Mack Chemical 3s 7 99 80% April-Oct ; 1970 debentures Service 69 r— 94 Jan-July Corp 2%s 1959_4 Vis 93 % 99 2%s 1975_ApriZ-Oct 1960 4 15 *92% May-Nov . IT Financial Cities 4s Terminal— debentures ser series 1st 1982 4s 3s/bs 63 V2 66 11 93 " 93 mortgage gtd 3%s series E 1969—Feb-Aug mortgage 23/4s series G 1974 Feb-Aug debentures 2%s 3%s Douglas Aircraft RR Co— 4%s Cincinnati Gas & Elec First 66% 63 % 63 % Jan-July series First 79 93% 91% 96% 14 86 May-Nov 1970— from ref 4Vis mortgage 3 Vis Cincinnati 75 1 98% 92% 90 89% 97% fixed debentures ref Detroit Terminal Station— mortgage 27/8s First 70% 91 66% 1993 23/4s series I & Second 92% 75 *— (4%% debentures convertible Detroit Tol 93% Jan-July First coll 68 " 70 89% 7 June-Dec (3% Income series & Dow First 1st 53 95% 85% 91% 1985 mtge 23/4s ser J 1985_ ref 3%s ser K 1976 & 90 — 2018 Gen Ry— refunding mtge 2%s-4%s 1994_Jan-July Chicago & Western Indiana C 75 75 Jan-July Mar-Sept — Southeastern Income 2%s-4%s 1994 Chicago 1985 B ref 3%s debs - Detroit 68% 91% May-Nov 1985 series A convertible 3%s 65% 55% 21V 162 59 3s 59% Ry— mortgage conv inc 4 Vis Jan 1 1999—April mortgage 3s series B 1989 -J—Jan-July Chicago Terre A ser contingent interest) 66 96 May ser 3Vis interest) Salt 59 79 April tr 87% Grande Western RR— contingent Gen 2019—April 2044 91% 1973—May-Nov 1 2042 contingent interest) mortgage series A Denver & *• ; Second First C 1993 5s Gen Chicago series 120 83% 89 Jan-July May-Nov 1963— Light 3s 1973 * 58 Mar-Sept Jan 2055.. 1 mtge 56% ' 58 _Jan-July A Jan ser series A Jan ser *59% ' Chicago Milwaukee St Paul & Pacific RR— First mortgage 4s General mortgage 5s coll tr 4%s Detroit Edison A Jan ser M High 105 80% *90 April-Oct Division mtge & coll 1% 77% 80% Jan-July 2038 45 Chicago Indianapolis & Louisville Ry— A 1st refund First mortgage 81% 71 ' 67% »lUo -May-Nov A 101% 80 65% 89 % 67 86 32 86% - *81% May-Nov ser 1965 1977 Essex Low 40 June-Dec First .5; 1st April 1985 2054 Chicago & Erie 1st gold 5s Chicago Great Western 4s and Jan. 1 No. June-Dec 1965 extended Range Since Sold 118 *— Feb-Aug Mar-Sept debentures Hudson 4s & Denver & 5s conv 1978 B Bonds High 117 Jan-July mortgage and coll trust 3%s mortgage and coll trust 2%s 1st mtge & coll trust 23/4s 1980 1st mtge & coll tr 3 Vis 1984 101% 85% . " . mortgage 3%s series B income & 1st mtge & < Feb-Aug AGeneral 2%s Delaware Power 13 86 86% 20 9915 86 _Mar-Sept . First and refunding mortgage 3 Vis 1985 Feb-Aug First and refunding mortgage 2%s 1970—Feb-Aug 1st & ref mtge 3s 1990 Chicago & Eastern 111 RR— A 117% 1975—April-Oct First 1958 4s Mar-Sep 1982 Income mortgage due 100% 95 ' ■ 1977 Collateral trust 4-6s May Pennsylvania Division— 91% 94 96 97 3Vis Friday's Bid & Asked Low debs 3s series debentures First A Chicago Burlington & Qulncy RR—. General Co Morris 109% 85% or Sale Price Lackawanna & Western RR Co— New York Lackawanna & Western Div 97% 105 5 91% 94 94'/a 10 Week's Range Last Penod Delaware v 91% 96% 105 % 89 89 1996—Feb-Aug 1989 & Delaware * Friday Interest Exchange First mortgage 3s 1984 Dayton Union Ry 3%s series ji %l 89 Va *90 subord conv First mortgage First mortgage 85% *94 % Stock Inc— Dayton Power &, Lt first mtge 2%s First mortgage 3s 1978 87 67% 57 *92 Refund and impt M 37/as series H 1973—June-Dec div 78% 70 86 __Jan-July Refund and impt M 3 Vis series D A 8b % 56% Chesapeake & Onio Ry General 4Vis 1992 Mar-Sept & 82 4% : 3%s debentures 1981——— R High 76 * refund 3%s series A 1974—Feb-Aug mortgage 3%s series B 1968 Feb-Aug Champion Paper & Fibre deb 3s 1965_ : Jan-July * Low York Daystrom 84 *86% and and No.- *76 Jan-July April-Oct 1974 31 New Jan. 1 81 First Refund Sold High, '81% A Jan 1 2020—May B Jan 1 2020—May mortgage 4%s series RR First 1995 MAY Range Since Ry— First mortgage 4s series A Central „April-Oct April-Oct 1976 Georgia WEEK BONDS Bonds Friaay's or Low Celanese Corp 3s debentures FOR Week's Range Last 100 98% 83 30 5 98% 100 93 100% 101 4 95% 100% 7 101% 105 % 57% 56 57% 52 45 57% 27% 27% 29 70 20 30% The Commercial and (2582) 30 RECORD NEW YORK STOCK EXCHANGE BOND Interest BONDS New York Last I'eriod Stock Exchange Sale Trice Friday's" Bid & Asked 1981—Jan-July First mortgage 3s series B 1978 June-Dec 111 Cent RR consol mtge 3%s ser A 1979—May-Nou Consol mortgage 3%s series B 1979 May-Nov Consol mortgage 3%s series C 1974—May-Nou Consol mortgage 3%s series F 1984 Jan-July 1st mtge 3%s series G 1980 Feb-Aug 1st mtge 3ViiS * 3%s series H 1989— t s debentures Indianapolis Union 1st mortgage 1st 3.65s conv Interstate 3%« s 4V«s f Ac debs 90 series debentures Power I-T-E-Circuit 89 89 92% 95% 3%s> 1978—Jan-July. 'J 1982—,1^ Clear <sc 114 110 Apr-Oct , debs" 1975——--—Mar-Sept 97% w mortgage "2%s 1980— Kansas City Southern Ry Co— let mtge 3'A* series C 1984 Kansas City Terminal Ry 2%s 85% 92% N 88 86 1974—Aprll-Ocf 84% 84 84 83 •85- t 1961 48 *48 1964 —April-Oct 1959 .Mar-Sept 3 Va . stamped 1974— ——Feb-Aug Lehigh Valley Harbor Terminal Ry— 1st mortgage 5s extended to 1984— Feb-Aug Lehigh Valley Railway Co (N Y)~1st mortgage 4'As extended to 1974 Jan-July Lehigh-Valley RR gen consol mtge bds— interest A Series IT 71% 69% *80% 68 83 %> 76 7... . 76 70 2 67 83 83 1 82 81 81 1 81 61 % 62 *69% 70 1 May-Nov May 78% 2003— 84 4 May-Nov > 1976 66 % 72 79 84 *95% 49 100% 101 % 95'A 99 100 270 4s 1952 June-Dec 1982 *___ . •.«. *115 — 93% " 119 % — 100 • *92 *85 90 3%s debentures 1978 Louisville .Ac Nashville RR— Mar-Sept .April-Oct _ ser ser % 77% * April-Oct 3%s ser I 2003 ApriZ-Oct ■St Louis div second gold 3s 1980 Mar-Sept Louisville Gas. Ac Elec 1st mtge 2%s 1979_May-Nou 1st mortgage SYbs 1982 Feb-Aug 1st mortgage 3 Vis 1984— —Feb-Aug V/7 '1 A- 91 77% 78% 32 *79 83 —— 81% 80 8i y8 80 81 94 Va 80 80 *77 78% 93 80 Macy (R H) Ac Co 2%s debentures 1972 May-Nov Feb-Aug Feb-Aug May-Nov Jan-July —Feb-Aug Mar-Sept 5a conv:subord debs 1977 L Maine-Central RR 5%s 1978 Manila RR (Southern Lines) 4s 1959— May Dept Stores -2%s debentures 1972^ 3Vis 8 i debentures 1978 4s 3Vis v s f debentures 1980 May Stores Realty Corp— Gen mtge 5s s t series J977- McKesson & Robbing iMead Corp first 1966 4%s debentures 1991 f debentures "87% ; . 1976 3.10s e.f debentures '93% 6a subord X Inc debs s ... 2%s 88% 86% ^General mortgage 4s inc 40-year. 4s series Prior lien 4Yes B D • 102 90% 95 90% 95 96 81 1 Mountain States Tel & Tel 2%s 3V4 debentures 1978 5 >90% ■ 94: 96% __ ' , 99% 92 ' ■ / 102% 80% 85 89% 89% 84% 27 82% 10 58 64 72% 72% 73% 11 ' 65 . 86% 88 r- 81 93 88 75% 61 62 60 conv sub 74% 80 72% 77 80% 60% 70 62 60% 60% 60% 125 1 58 57% 58 % 86 57% debs 1981 54 54% 147 531/4 62% OA 98 64% 68 90% 91% 94% 94% *65% *91 - *98 56'/a May-Nov 56% 95% 11 66 100 100 58 98 40 *74% .Feb-Aug *86 ' - debentures June-Dec debs 3%S s f Corp 1st 3V4s mtge 37/8s 1986 see 126 85 85 page debs 1982 31. June-Dec ♦90 June-Dec National Steel Frr footnotes 130 1970..June-Dec ; 1976. Prods Ac ref 93 1974—AnrP-Oct Afay-Nov May-Nou 130% 85 3%s series Z 1 1986—— ... 1987.1—. " debentures 1978 3j/8s debentures 1983 1981.: 1991 debentures 5s series 4Vis Peoria Ac Eastern 19681.—1 D 99% luo 11 111% 98% 105 104 100 104 '• 98 95 96 93 92 95% 89 "u 90 90 89% ■ 101 % 101% f>7 96% <1 90 96 Va 92% 92'A 101 Vb 96 % IOI'IB 92% 15 64 % 64% 21 *64% 68% 64Vi 102'/a 100 92 93% 64 70 '63 63% "i 90 95'A 4 92 96% 86 86% 84% 87% 90% 90 90% 94 94 94 863i 86% % 84% 84% 5 *— 88 83 92 $83 ' 85% i 104'A 84V2 *80 95 V 99% 88% 100 y2 _. 100% 101% 02 100 2 106 94% 60% 82% 86 90% 83% 88 63% 82 % 86 74% 13 87 %: 87 % %_ 83 87 85 V* . . 71 85 Vi *— 1:7 96 '. ' 4 AIncome General gold 4%s series C Philadelphia Electric Co— 91 y4 First 95% 98 89% 89% 89% 21 86 86% 86 10 *80% * .June-Dec Jan-July ' . 92 V 2 1977. 2%s 1971>. 2%s 1967.* 2%s 1974 2%sT981 2%s 1978. ..June-Dec May-Nou May-Nou June-Dec Feb-Aug -- 93'A •• 88% 86 % "91% *; — 85 7 it —^ .'84% • 85 ' 93% 90V* 89 y» ' * - 92 Va ^ .. >-101 ~ 91'A *76'A ~ ' . » 80 1>_ *" • 102 " : '90 —— ■ 101 39 89% 101 93% 94% 104 V8" 79% '83 83 ; 82% 84 ' 1 85 85 84% 88% 93 y» 92'/a 91% 85 85 * 9 2'A 92% 92% *■ 92 91% 95% 98% 104% .1 "" 99 98 \'a % n 99 89% 97% 84% 91% *84 87% 101% 101 101% 2L 101'A 101 101 A 72 100% 102% 101 Va 101% 102% 89'A 89 Va 3 4 100% 104'A 5 88% 90'A 90% 1 87% 95 69'4 69'i 1 69 74 97 % 97 Vs 2 ■96 97% 58 59 - 90% . —Jan-July 88 '85 • ' 89 *85 '■ »5' 86, 87: 83 84 *84% * 89% 92% '. es ya 10 83 *86 I.Jan-July lApril-Oct 1.—April 80 y4 85 % 83 92% 85 -7 84% 83% 83 93% <94% 86% " 25 84% .April-Oct .April-Oct .Mar-Sept 89 5 88% 84% 100% 89% 88% *86 .June-Dec '.June-Dec 4s April 1990 Marquette Tty 33,8s series D 1980 .Jfar-Sept Philadelphia Baltimore Ac Wash RR Co— General 5s series B 1974 Feb-Aug Ac 104'A 100 100 % .June-Dec Pere • 97 % 102% 5 97 90 90 91 102% 102% April-Oct 1981 first 4s external 1960 941/8 94% B serle6 89% 92% 10 921% 84% 92 * '.June-Dec 1988.1 refunding First Ac refunding First Ac refunding First Ac refunding First Ac refunding 130% 127 110 yrf: ——.Mar-Sept : : May-Nou Feb-Auy mortgage 4Vis series E -1984 General mortgage 3%s series F 1985 £6 85 83% 84% 94 s, debentures debentures —, General 89 115'/2 1988 debentures 89 14 92% 93 M debentures General 81 86 92 Ac Tleneral 60% 85 __ ' 98 56% 75 *75 April-Oct : 1970—i 3!4s series W 19841. Power Ac Light 3s 1975 lApril-Oct Pennsylvania RR— .• * Consolidated sinking fund 4V/2S 1960—__Feb-Aup General 4%6 series A 1965 1 1June-Dec 66% 54% 2030 2045—_ 90 % , 92 108 Pennsylvania 72 3 4 90 69% 92 June-Dec ...—.—'.iFeb-Aug Pacific Western Oil 3l/2S debentures l964_"_June-Dec 82 - 90°/a 85% 91% *100 , First Products 2%s debentures M refunding 3 Vis series X 1984 ref M 3%s series Y 1987.. 4%s Register Co— National Dairy ref Ac 3%s 73 72% 71 - Ac 1st 3%s 72% 2 84% yu'u June-Dec 3 Vis 75 by-, 84 "i :| i *92 ' 62 6 85'A 84% _June-Dec First Ac refunding 27/«s series Q 1980 First Ac refunding 3s series M 1979 3%s 83% - ,80% *89 June-Dec .June-Dec June-Dec .June-Dec June-Dec 2%s 85% 8 1 Co- 1st As ref mtge 4Vis series AA 1986 .June-Dfec Pacific Tel Ac Tel 2'lis debentures 1985—June-Dec 85 59 71 1986 Ac Electric 1st 3 ... 84% 80"« — refunding 3'As series I 1966 refunding 3s series J 1970 refunding 3s series K 1971 refunding 3s series L 1974 1st •* 94 59 47% 77 Ae.refunding 3 %s series R 1982 ".June-Dec Plrst' Ac refunding 3s series S 1983 June-Dec First Ac refunfling 2^8 s series T 1976—June-Dec First «&.' refunding mtge 3%s ser 'U 1985 June-Dec 97% 59 62% 38% *__ 1974 First. Ac 95% 99 68% 7 85 .June-Dec refunding 3s series N 1977 First Ac refunding 2%s series P 1981 !' l043,i 1 2020 NashviUe Chattanooga & St LouisFirst mortgage 3s series B 1986 1st 81 72% ^Mar-Sept Mohawk & Malone first gtd 4s 1991 .Mar-Sept series B 1966. ..Feb-Aug MorreU XJohn) 6c Co 3s debentures 1958-..May-Nov Morris.6c Essex first gtd 3Vfes 2000.i -_June-Dec Distillers 81 "88% Monongaheia Ry 3 Vis Natl '88 ; 87 102 < 83% . 8 Vss :,y-! T 20 Ac First Ac ' Jan-July Gen- mtge income 4%s ser A Jan Gen mtge -'income 4%s- ser B Jan 4%s First Tm"m 95% Jan-July 5s income debentures Jan 4V4s coll trust 1976 Gas .Plrst Ac . 66 58 V2 oil 12 88 First Jan-July ser A Jan 1967—April-Oct Reorganization issues— mtge 444s series B. Jan 1 1990—^.. 1st mtge 4V4s series C Jan 1 2005 3s ' 88 102 May ■■let National Cash • 91 85 ••' 2 84 Oregon-Washington RR 3s series A I960—April-Oct 85 - 4 80"u —_Feb-Aug Pacific 84 73 1984—_June-Dec 93 '' .ACum adjustment 5s Missouri ^Pacific RR Co • 91' ■ 1978 1975—__— 1996 1st A N June-Dec 1962—. series 171 94 1971 debs 93% •; 72 73 69% 1997——Quar-Jan ————Quar-Jan 92 .. 87% 62:% 96", A 93% . 83% Va ... 105 . ser A Jan 1991—May RR— Prior lien Ss series A 1962 * 101% — .April-Oct Missouri Kansas 6c Texas first 4s 1990 Missouri-Kansas-Texas . 88 % 99% (quar) F M 1967 Minn St Paul As-Saulte Ste MarieFirst mortgage 4%s inc series A Jan ^ 96 ^April-Oct « 1986 i .. 85 89% 87%. — — Mi nneapeiis-Moline Co— Minnesota Mining Ac Mfg ' __Feb-Awp 1972.: 67 V* 85 B8'1i i 39 V .Mar-Sept .April-Oct mortgage 2%s 1980 ——May-Nov Oklahoma Gas Ac Electrip 2%s 1975 Feb-Aug ; First mortgage es 1979...—— .June-Dec First mortgage 2%s 1980. ..May-Nov First mortgage 3%s 1982. ______—.Mar-Sept First mortgage 3'As 1985— .:—June-Dec 1st mortgage 4%s 1987 —Jan-July 99 67 103% t First 95% ._ 2% 63": *65% —Quar-Feb first mortgage 3s First mortgage. 2%s 1975. 107% > 1% ' 89% June-Dec Minneapolis-Honeywell Regulator-— subord debentures First Ac Michigan - Central RR 4 y2s series C 1979—-Jan-July Michigan Cons Gas first-mtge '3'As 1969—Mar-Sept First mortgage 8%s 1969 Mar-Sept First mortgage 3%s 1969 .Mar-Sept 3%s -sinking 'ftmd debentures 1967 ^.Jan-July s 6 .June-Dec £ Jan-July Metropolitan Edison first mtge 27As 1974__May-Nou First: mortgage 2%s 1980— £ ___—Feb-Aug Michigan Bell Telephone Co 3Vas 1988 April-Oct 3aAs 100 % * __ *84% Feb-Aug 1973—_Mar-8ept Merritt-ChapmanAc Scott Corp— ./ 4%s conv subord debs 1975.. ! f 96 — 3V2e debs mortgage 3s 96 *70 /• - - 96 54 r>o States Power Co— conv 3V2S 106% 107% 2 i *o0 108% 2047 1 ,Ohio Edison 106% 40 2V Northrop Aircraft Inc— 85% _ 83 2r'ii "72 V2 —Feb-Aug Northwestern Bell Telephone 2%s __ 50',2 - 81 91 . 59'A *t4 83-4 first mortgage 2%s 1974—.Feb-Aug mortgage 2%s 1975—— —.April-Oct mortgage 3s 1978— ..Jan-July First mortgage 2%s 1979 -——Feb-Awp Pirst mortgage 3V4S 1982 Jane-Dec First mortgage 3%s 1984———April-Oct First mortgage 4V'4S 1986— MarrSepf (Wisconsin) first mortgage 2%s 1977—April-Oct First mortgage 3s 1979 1——Mar-Sept 94; 68? 92% 45% 82 2VB First .'82 81 ; 55% 47 • 77Y* \ 120 - 84 73 y8 1 95 86 2%, First 94% 85. 90% 3 ' *74 (Minnesota) 88 1 85 78% * 119% 88 " 78% 2003 r* .. *90 F 2003—April-Oct G 2003 April-Oct" ser H 104% J 80 % 77%- 3 5G 44Va 2% Feb-Aug registered 1997 Northern 93 1976 97 93 V5 81' - 55 Vi < 45V'o registered 2047 _Quar-Feb Refunding Ac improve 4 Va8 ser A 2047—Jan-July Coll trust 4s 1984. April-Oct 117 100 • 95 83 89 v; 32 ;i- e 3s ' __...Map-Nov 3%s 2%s 3%s 81 • 56 1996—April-Oct first gold. 4s Northern Pacific Ry prior lien 4s 101 r-. 98% 95% ..., 88% '-76 - 73% 73% .Northern Natural Gas 3%s s f debs 1973—May -Nov 3VTS s f debentures 1973 May-Nou 3 'As s f debentures 1974 —May-Nou 4Vis s f debentures 1976 —; —May-Nou 101 % „ 65% -. :.3; 95 60% . "79% •/ ' 76 ■' • 92 Vi 100 63% >- 78 general Ac ref 5s 1.974—Mar-Sept refunding 4Vis ser A 1974—Mar-Sept Ac 92 — . % C 82'A --83 — 83 Central General 90 76 Jan-July .April-Oct April-Oct 1972 debentures Northern 60 '60% 58% '«.v * 62% 58% 4 Corp— Power mortgage conv 59 • ♦88 76 consol gtd 4s 1993__April-Oet Gas 2%s 1977 Ja?t-July 81 7 *88 First Ac refund mtge First &. refund mtge First &. refund mtge First & refund mtge 4;;«s »7«. *102 debentures Ac General lien 3s Jan 1980 debs *— 69% 59% 60% 1. 1973—...Afay-Nov 2%s 1980— General mortgage 2%s 1980 General mortgage SVTs 1983— General mortgage 3%s 1983 — 99 % 100% Mohawk General 84 '100% 100 59 Corp— 4%s first Electric 78%. - 69'A Gas Putnam State Norfolk Ac Western Ry 3 58% Apr-Oct ' 76 : —Afay-Nov Y 64 61%*\ 66 - •' Y Susquehanna 6c Western 72% 3 1 Lone Star Y Ac 21 lOi. ' 60 60 V i 80'A 97'A *59 %' — 69 71% A *58 mtge 2%s 1975__Afar-Sept Y Power & Light first 69 63 % series A > 74% 76 > 63% Va & Hartford'RR— 61% —- 71% 7s *62 *59 68'A 88->4 44 64''2 *,64% Ac- Niagara 63 interest debentures 139 RR— Terra 1st mtge 4s 1994—: 1—Jan-July 1st Ac cons mtge ser A 2004 Jan-July AGeneral mortgage 4J/2S series A 2019^-Jan-July N Y Telephone 2%s series D 1982— —Jan-July Refunding mortgage 3%s series E 1978—Feb-Aug •v Refunding mortgage 3s series F 1981 Jan-July Refunding mortgage 3s series H 1989—April-Ot'f Refunding mortgage 3%s series I 1996—April-Oct 85 Z Ss Electric series 4s West & N 89 Long Island Lighting Co 3%s ser D 1976_June-Dec Lorillard (P) Co 3s debentures 1963— April-Oct < 85% F 5 ALombard I 85 ya 75 58% 61% 4 50s debentures 3s 70 v"' 80 , •i E Aircraft N 73% y8 contingent interest 2003 4Vis contingent interest 2003 3.758 subord Lack N ' 2003—— contingent Y Y New Haven . 'i 146 89% ,,95% 4% 3Va 70% ... 83% 83% May-Nov May May Lehigh Valley Terminal Ry 5s ext 1979,—Aprll-Ocf Lexington Ac Eastern Ry first 5s 1965 April-Oct Libby McNeil & Libby 5s conv s f debs '76_June-Dec Little Miami general 4s series 1962— May-Nou Lockheed 70'/2 * May-Nov D 4s ASeries 2003— interest 2003 Series C 5s fixed interest A Series •, 97 — ref 5s fixed 146 ' 1 3 'a 186 76% 97'A 100 . *80 Mich South gold 3'/2s '97—June-Dec registered 1997 1. June-Dec Lehigh Coal Ac Navigation 3%s A 1970 April-Oct Lehigh Valley Coal Co— 1st Ac ref 5s stamped 1964—_——Feb-Ang 4s 90 3Ve Terminal— RR 3%s A .77 i 146 - 90 90 70:!» 76 Jan-July mortgage 3 V 2s 1997 registered 1997—— collateral gold 3Vis ; 1st mtge 4J/48 series A 1973—,——Jan-July tANY Ontario & West ref 4s June 1992—Mar-Sept A General 4s 1955 June-Dec 98 97% N mtge .sink fund 3%s series A 1968—June-Dec Series B 4%s fixed 50 - 97% Lake Shore 6c Series 85 97 100 69 ',2 Shore First 98 96 O'JVa U3 99 63'% 73 64 63'A 76 refunding mtge 4s ser Ai 2007—Jan-July AGenerai mtge conv inc 4%» ser A 20221—May Harlem River & Port Chester—' / ' " *" + •" I tAKreuger & Toll fis certificates 1st & " ' N . " « 99 2013—iApril-Oct 4%s series B 1973.—.: r ——Jan-July .."Jan-July Kings County Elec Lt 6c Power 6s 1997 April-Oct Ac 88 84% Plain -1961—; Lakefnmt.Dock 80 96 .June-Dec (Rudolph/ 4y2« debs adj 1963—Jan-July ?■ 1st mtge 4s 1987— Jan-July Kentucky Ac Indiana Terminal 4 Vis 1961—Jun-Julp Stamped" 1961 Jan-July 3s v 83% 80 "86 Karstadt Koppers Co 1st mtge 95 bd yo . 100 . . ,.-: Kentucky-Central unguaranteed 116% ' 97 , , —June-Dec" — — , 80 Kansas 1st >110 22 82% *93 Kanawha & Mich 1st mtge 4s 1990— ApriZ-Oct City Power Ac Light 2%s 1976; LJune-Dec mortgage 27As 1878 ——^.June-Dec 101 115% -97% *81'% 97% 90 bo% 85 7 63:!i ...Jan-July 1998£—Feb-Aug V V/as registered 1998..——:———Feb-Aug Mlcnigan cent collateral gold 3'/as 1998_Feb-Aug 1 3/'aS * registered 1998_^._— -Feb-Aug New York .Chicago & St. Louis— ■ ;/: i Refunding mortgage 3V'4S series E 1980—June-Dec lirst mortgage 3s series F "1986.——April-Oct 4%8 income debentures 1989———June-Dec N Y Connecting RR 27/»s series B 1975 April-Oct N Y & Harlem gold 3 Vis 2000 '—May-Nov Mortgage 4s series A 2043 Jan-July Mortgage 4s series B 2043——'J. ...San-July 83 June-Dec, ijM xsl 3%s Lake 86 67 *76 River RR— Y Central & Hudson V: 105 103 Jan-July ' . 102% 105 Jersey-Central Power & Light 2%§ 1976-JlJar-Sept 1st 93 90 •90 Breaker— J«qr M*nhlacturing 3%« • N 104 bl *82 VB Refunding & impt 5s series C 2013——_April-Oct Collateral trust 6s 1980' ——_Aprii-Oct 96 90% 389 93 - 100% bd ..Feb-Aug Reiunaing & inipt 41/28 series A ■ 39 196% oil ■ . General mtge 4%s cohv subord debs 4%s Yorx Central RR Co—_ 4s series A 1998 97 % 101 90 3%s 1977——.—.May-Nou Consolidated 170 146 947a ,H/ar-Sept .Jan-July —1. 1980 Jamestown'Franklin t New 92% Corp— 1977 A 1987 1st Co 3s mortgage 1st Oneans Terminal High it vii V l jan. Low No. yo Vi .Mar-Sept ; Range Since »oia Hiqn 101 101 Bell Telepnone 3%s 1988——oan-July Jersey junction RR gtd lirst 4s 1986—Feb-Aug jersey Power & Lignt 3s 1974 Mar-Sept New . 150 93 1974 New 89 93 991/2 *80 93-. debentures New 82% 87 93 *90 Asxed April-Oct ————— New Jersey S;82,/2 -Jan-July 1982 aeoentures 3s 90 90 90 -88V2 Jan-July - jbiigland Tel 6c lex co— guaranteed 41/28 series B 1961—.—May-Nov 3s 93 93% .May-Nov Bonds iiua/D ai yo First *88 Va 94 89 1977 New 92 Mar-Sept J 1981 Chemical 90% 87% 50 or i Li a 1967——.June-Dec National Supply 2%s debentures National 'lea Co 3%s conv 1980 Pipe Line Co— debentures f Interstate 1st subord Oil s 3'As series Minerals 86 Jiigh 91 150 3.20s series I 1982 mortgage International 3 Monday, June 3, 1957 Week's Range Sail; Trice LOW *88'/2 *81 1972 Period Exchange Mock 82% Low No. *80% _,_Mar-Sept 2%s ser Ry l'orn Jan. 1 Sold 82% —Mar-Sept Jan-July C 1986..June-Dec 1980 Inland Steel Co 3y4s uebs High 82% 82% New Range Since 86 Low Illinois Bell Telephone 2%8 series A Bonds Last, Interest BONDS Week's Range or Friday WEEK ENDED MAY 31 RANGE FOR Friday Financial Chronicle... 97'A 88 88'2 '2 — 32 — 88 89 102 95% 94% 60 »/4 92 105 101 90% 5 ♦ 88 88 94Va 5 Vi 86 85% 84 4 103% 1 89 85% 85% 86% __ 100% 89 56% f> 88li *105 — 101 89 y4 84% 87% 88 88 88% 91 90 91% 88 90 % ■ 90 89 99 99 88% 30 98% 93 101% Ac 1st refunding 3 Vis 1982 & ref mtge 3%s 1983. 7st Ac ref mtsre 3%s 1985 Jan-July .June-Dec April-Oct *90 # — 103/i 88','2 69 * _ 10 Volume 5643 Number 185 . The Commercial and Financial Chronicle . . (2583) NEW YORK STOCK EXCHANGE BOND RECORD RANGE Friday- BONDS New Torn stock conv 2%s suooid debentures tiebs 1964 Sale Price Inc 3%s s £ debs 1972 Pittsbgn Bessemer & Lake Erie 2%s 1996_ Pittsburgh Cincinnati 113 ya General mortgage 5s series A General mortgage 5s series B General mortgage 3%s series Coke & Chem 1st mtge 1975 ApriZ-Oct '• April-Ocf " . „ - First *95 April-Oct general 5s & Ashtabula series B I debentures & Gas 100% 99% 100 Jane-Dec Co— Y. fund debentures 1982 1973 Terminal RR Refund : 95% 97 1 101% St -Y Louis— Texas Corp 3s debentures 1965. Texas & New Orleans RR— 101% 1£«• and refund M 3%s 86 Low High 88'/2 91Va , - . 87 95 98 87 6 "i 91% 86 • 90 \ 89 __ *89% 89 Vi , __ '♦ 95% ... *82% — -99. 82% 82V4 94V4 93% 26"; 99'/4 - Y April-Oct' 84% ' 84Vi 1990—AprtZ-Oct 82% __J«ne-Dec- E ser - 100Va ..89. ,,90 > 87 *87% 106% 100 96% Jan-July •■>*' 102% 7 ~I" •—__May-Nov •82'/a 95%' 95% 37. 87 1. - 85% 82 ... 111 — - '86% 82 - 1985—Jan-July Pacific—. Pacific-Missouri ij- *89 ;_April-Oc£ and refund M 3!4s series B 1970 General Texas '4i 88'% *— Jan-JulyMay-ZVoy impt M 4s series C 2019 impt 2%s series D 1985 First and refund M 3%s series C Texas & Pacific first gold 5s 2000 —• 83% 102% 102% Jan-July Jan-JulyMay-ZVou i Inc Assn of and Refund and 3 Y 86 Jan-July Mar-Sept- 2%s debentures 1973 ■' 84% No. — 1971- Transit Jan. 1 High 83% 86 (Ohio) Range Since Sold Low OS^'a •; ; 12 - . Ill. . Y 94 i.:;,96 . ' ■ Y « » •-89'/a ;V";. ■ri * : 99 -.99- 1963_: AMay-ZVou First and refunding, mortgage 3'As 1968 Janr July : First and. refunding mortgage 5s 2037 Jan-July Y-First and -refunding mortgage 8s 2037__June-Dec.... • . 92 - ■ 93 / 12 , , , : 88? 87 ■ ... >99 30 -• 89% i 4 99" „ Term RR of New Orleans 3%s 1974 June-DecTide'Water Associated Oil Co— • . .;"'3%s 8 ;f debentures 1986J. —AprZl-Oct Tol & Ohio Cent ref and impt 3%s 1960j._ June-Dec- ~rY' --4901a »• - Jan-July 1966 83'A 96% 94% Y \ Y ■ 1974 103% 90% 4 2 Bonda Bid & Asaed 83% 1st mtge Gs Swift & Co 2%s debentures 1972_; 103% ■ 79% 96y4- - - Mar-.SepU 198Gij._——Aprii-Oct debs 1981™—___Mar-Sept 3%s Electric Y 901a >101-108 " *• Co sinking First Feb-Aug Oil Zlfay-Nov Surface —.*> June-Dec * debentures 2%s 1971 Sunray Oil Corp. 2%s debentures Superior Oil Co 8%s debs 1981—: c 99'% Ry— 1962 First general-5s series C 1974—. -First general.415s series D 1977 / Plantation Pipe Line: 2%s 1970. <Y3%s. s f debenturea 3s fi 1 97 y2 - 100 101 ■>: ; A ■ Mar-Sept r Public Service 4y4s 100% •YA 80% 9012 - (N J) 2%s ' debentures 83 -98% - - 11 •*' k * Procter s Gamble Standard Oil 100 >96% & West Pittsburgh Youngstown - >YY 80V» May-JVou " ' Range Friday's or Sale Price i 115' 99% v- 100% 100% ♦10314 Pittsburgh Consolidation Coat ,3%s 1965—Jau-JuZw Pittsburgh Plate Glass 3s debs 1967 Virginia Ry Co— 1st mtge 3%s.sej-ies A 1984 ± •— Week's Last Period ' 95 110 1011Y *100 June-Dec 1964 92% 45i Interest Exchange Stauffer Chemical 3%S debs *100 EM975 3%s Friday biock High 82 ->98% — k 31 BONDS Standard *9914 Feb-Aug 1970 Low 93% *81 Consolidated guaranteed 4%s ser I 1963—Feb-Aug Consolidated guaranteed 4y2s ser J 1964_Mau-Nov Pittsburgn Cine Chicago & St Louis RR— * MAY New York *92 June-Dec I960 ENDED Jan. 1 No. ti.gti WEEK Range Since Sold 112i/8 1131/2 June-Dec 1957—May-Nov H ser Bonds Bid & Asked Cnic & St Louis Ry ser G Consolidated guaranteed 4s Consolidated guaranteed 4s Pittsburgh Friday's *931/4 Feb-Au* Pillsbury Mills Pittsb or Feb-Aug 1987 FOR Week's Range Last Period Low Phillips Petroleum 4%s Interest Exchange ^J.02% 92' Tri-Continental Corp 2%s debs 1961_: 98 / .96% 94%;, __.V ; ■ 92 96 92 91% 91 'A 93'/2 »96!'a - Mar-Sept *94.- - 96% 94 Y , --91 _ . First and refunding mortgage 3s 1972 May-Nov First and refunding mortgage 2%s 1979_Jane-Dec Y 3%-s. debentures 1072—A •110 .. 111'A > ... •- - *93 - . .'1 - 173'% 89 6%s 'debentures Oats vr - 4..-k- 93 91 • 1964— ■i, Jan-July"' 1st mtge Rheem Mfg Co 3%s debs 1975 Union— —Feb-Aug\ Rheinelbe 7s sinking fund mortgage 1946 314s assented gADirect § ACohsol / AConsol ' . Aircraft 5'As Saguenay Power 3s St Second gold debs 1977 A series —. 1971 1st ASecond 1st gold 5s 4s B ser debs A 11 102% "y 89% 72 82 84 — / v: A ser 152 *87 90 89% 106 106% 108 la 1st mtge 3s 3%s f s series B 1(5 93 105% "84% Y-/ "- 3s Jan 4%s debentures Union gASiemens Oil 88 71% South & North Ala Southern 3s Bell subord debentures conv subord debs 96 96. 4%s 10214 115 Co— 85% ./ , , 102 4s income series A Jan mortgage RR 3%s first ref series 332 86 V4 107% ln'A 84% Jan-July Jan-July 113!4 1973—June-Dec 159/4 90 82 82 81 series E 95' Maf-Sept 1986 mortgage 2%s series F 1996 First mortgage 2»4s series G 1961 1st mtge 5 Vis series 1983 . " 95 95T4 114 67 76 135 161% •>/ Jan-July *72% 4 68 28 91 97 82 86 72% 68 68 3 Pacific income Wisconsin 91% 15 91 »/2 34 !4 Jan-July 106 !) 106 5 Wisconsin 93% 81 June-Dec 82 April-Ocf" 126 !4 2000 1979 1979 106 a 107 79 84 87% __ ' Co 3%s debentures RR A sor Y 83 15 125!4 126% 232 '73% ■ r i-2.. f 82 i A Public Service 91% .101% 85% * 93% , 73% •; 76'% 74% ..76 l 75% ' ■ 54% 86/ Y 54% 1 A'A'•' """* 61 % 99 92 92 98 98 24 * »5 *90 / 97% 90 95% 101 103 7/a ... Kl " *86'A *97 108% 87 89% *_Y h — 99 *85'/a —f-w —m 93% ' 88 " ;o 1 2029 1976 88y*.. 93v4 1... ... 68y», .,73,% ;.,t 70 .69% 1971- 2%s 1976_Jari-July 74 82% 85% 88% 94 . 3'As 99% 100 J/a 98'A —June-Dec Mar-Sept —Jan-July 91'/a 98% "2 68% 68% 951% 122% 88'A 98 =15 *— * 103% 100% May 99'% 85% 94. 49 89% 98 Jan-July / . 89% *87 % 88 97% 85 • ■; 106% 108% Jan-July Jan 2%s 64% 95 . 102% 65 60% 5 —— 101 88 96 100'% 61'/a 25 ,: 100% 88 A 61% " 95 "Y *101 98% 8 61%" "61" ■ : 88 *61% 01 —— Jan-July ' Z'Y 98" r -A- •MH' 98% " L 83 54% .',59 " ; *78% — Co— ser 92 102, ,93% 87%' ■"• 1984 Power < Y k/.t99. 12- 73%. *75 'A 34% * 1981—J an-July 4s series A 2004 Electric Deferred in delivery sale, year's range, the included in not n ' *88% 88% — r. included in the - the 92 66 !4 Bankruptcy Act, 84' 119 •Friday's bid 1421,4 A Bonds or and year's Under-the-rule sale not the year's range, y in the year's Odd-lot e range, sale not Cash r sale / / ; , receivership, securities assumed by such companies. asked d Ex-interest, range, included Ex-coupon. § Negotiability impaired by maturity. fCompanies reported as being in bankruptcy, 87% 82 3,4 — 90 , ,.,-.101% — • ^ ARr-Oct t .... *87% *82»4 m> r*- 1974 Yonkers Electric Light & POwer not :___April 88 116 *97 *—. 84 .■ /■' :Aa ' . April ' 109 109ya —April 1991 Feb-Nov First mortgage 2%s 1979 7i: 104 1 A 1970 1982 mtg« 4%s inc Included Mav-Nor) April-Oct ;•' & 100 83 . . Feb-Aup Feb-Aug mtge 3%s 1967—Jan-July 3%s RR Central 1st mtge Gen 77 661% 91 !4 10414 104% 112«/a 113 91 May-Nov 1982 10iya — 82 % 90 __ ™ 99 83 • April-Oct 1981 Jan Winston-Salem S B first 4s 1960 '101% 95 83% \ 100 May-Nov/ 1971 gtd gold 3%s 3%s series C debentures Wisconsin —.Apr-Oct Jan-July ASpokane Internal first gold.4V2S 2013 Standard Coil Products 5s conv 1967- ' ; 95 61 92!4 *— 48' 96% Y Ja»-July > 96 !4 c - 951/a 91 June-Dec —Jan-July ' Southern Ry first cbnsol gold 5s 1994— MemphLs Div first gold 5s 1996 New Orleans & Northeastern RR— Joint 3%s 1977—1 : Southwestern Bell Tel 2%s debs 1985 conv 105 65 156'/a 160 112 — May Westinghouse Electric Corp 2%s 1971 Mar-Sept Wheeling & Lake Erie RR 2%s A 1992 Mar-Sept Wheeling Steel 3%s series C 1970 !—Mar-Sept First mortgage 3'As series D 1967 Jan-July 3%s conv debs 1975 —_May-Nou Whirlpool-Seeger Corp 3%s s f debs 198i__Feb-Aup Wilson & Co. first mortgage 3s 1958_ ApriZ-Oct 83% 85 " First 3V'as 99 5s 90% 80 80 92 *101% # Electric 1st mortgage 83% 112 !4 113% *— *— Jan-July April-Oct, '* 88 86 * 152 105 5 Y : April-Oct Penn Western 89% 85/' 98% 84% May-Nov Penn West 89% 1 147 • 45 101 *— May-iVow Power 3%s series I 1966 Jan-July West Shore first 4s guaranteed 2361 : Jan-July 4s registered 2361 Jan-July Western Maryland Ry 1st 4s ser A 1969—April-Oct West *— B B Lighting, gen mortgage 3s guaranteed General 104!'4 84% 857/a / v/.'. , Gen mtge income 4'As series , 5%s May-Nov' (Indiana) 7 87% 114% 116 !4 " 85 1975—Mar-Sept 1958 Washington Terminal 2%s series 102% 85.V4 May-Nov debentures 1983 RR Y Warren *92 90 lSSl-^ Standard Oil 102 • Jan-July _Feb-Aug Jan-July San 3 y8s 85'/a -.85- ... 5s - : Mortgage 2%s Wabash 99% June-Dec Fran Term 1st mtge 3%s ser A '75 Southern Pacific RR Co— : ' * First consolidated First 85 '/4 146 99% 105 «/2 80 — ♦85V4 ser E Virginian Ry 3s series B 199$^,—*4,^ First lien and ref mtge 3'As ser C 1973 April-Oct & Telegraph Co— (Oregoh Lines)'A 1977 4%s First Gen mtge *80.; 2%s 1st & ref mtge 3%s ser J 1982 Virginia & Southwest first gtd 5s 2003 101% 95 1963 1979— 1969 196 102% Southern Pacific Co- 4!bs 100% 98!ii Jan-July . First and refund m.tg.e 1st mortgage & Refund 3%s ser I 1981—June-Dec 93 *—.^1-99%; 162 79 Mar-Sept 103 96 160 2 108% 109% *— 68% Mar-Sept debentures 1985 ' 2%s debentures 1987—A— Southern California Edison Co— Gold 109% 62% 96 80 85% *— Mar-SepZ 1957—May-Nov 130 —.,.v ^80 162 First and refund mtge 3s series F 1978—Mar-Sept First and refund mtge 2%s ser G 1979—June-Dec First and ref mtge 2%s ser H 1980 June-Dec 2%s Gold 1976 Vandalia RR consol gtd 4s series B Virginia Electric & Power Co— First *93 102% -160 Jnne-Dec 86 April-Oct ApriZ-Oct " 1976 3»4s convertible debentures 1970 Southern Indiana Ry 2%s 1994 Southern Natural Gas Co 4'/2s conv 1969 80% 90 97'/4 100% America— conv 67% 10O 101% 97 J16 79% 85% 80 88% 98 97% 97% 100% 101% Jan-July 35 100% 99 94% June-Dec 1968 Westchester 1982 Telephony debentures of 99% -951/2 95% June-Dec 63 y2 —June-Dec 1971 gtd 5s Corp 1951 68% *80 97 * 92 , %Y 87% Jan-JuZy 63 May-Nov debs RR — 4%s 79% 91 *-- 87 97% Y ' * (90 90 - 95% • }J. 101% 94 - ApriZ-Oct ; 3Vas Mar-Sept . debentures 2%s : 681/4. gtd 4s 1989—May-ZVou 1971— Mar-Sept 1982 Jan-July Halske 6%s 1951 : Sinclair Oil Corp 4%s conv debs 1986— Skelly Oil 2y4s debentures 1965 Oil 1976 63 debs & Socony-Vacuum 1967 95%" Apr-Ocf ^-Mar-Sept May-Nov 681/2 Feb-Aug f 1973 _May 1972 s debentures *89 .Feb-Aug -May-Nov i—_April-Oci 1977— debentures 98 90 -97 10 Mar-Nov 1977- 3.20s 2%s 4%s 98 >81 82 June-Dec 2 lis tr 88 .' 74%/. 80% >[ 't 99{ " 79 • 86; 851/2 86% - 98 - 92: 84%-, 89% - *78 - ——Jan-July 1972 coll -85% 86%: —Mar-Sept 1 Jan-July- 8iy2 2022 2006 debentures 1974 Service Pipe Line & / 88 * „ 89% •'» 91*' 3 19G6__ApriZ-Oct : 81'/a' Sears, Roebuck Acceptance Corp— Shell 2%s 1977 Participating ctfs 4%s 831/2 86 87 ApriZ-Oct Jan-July Seagram (Jos E) & Sons 2%s 1966— a; - America 1973— 6%s sinking fund mtge series C 3%s assented seiies C 1951 112 88 __ '72 Vu April-Ocf 1980 debentures debs sinking fund debentures Vanadium -ooy2 debentures conv Manufacturing 4%s of f s "i 90 3V4S assented series A 1947 Jan-July 6%s sinking fund mtge series A 1951—-June-Dec 3%s assented series A 1951 : June-Dec 152 . 4s bond certificates 1989 May-JVou Second 4s inc bond certificates Nov 1989_Jan-July Paul & Duluth first cons gold 4s 1968..June-Dec St Paul Union Depot 3 lis B 1971— April-Ocf Scioto V & New England 1st Paper 3s Co debs Rubber S First Scovill f s 2%s St Scott 4'As United Steel Works Corp— 6%s debs series A 1947 Louis-Southwestern Ry— Seaboard Air Line RR Co— Biscuit 3%s Mar-Sep Jan Car debentures 4%s — _.r.. 89r« June-Dec mtge coll trust 3^83 1971 1st mtge & coll trust 3'/2s 1972___J 1st mtge & coll trust 3%s 1975— 92% 91 98 - , 85!4- 87% ,-i_-—..May-Nov 1970 1st " ' .Jan-July 1980 ser 92% 87 ' * 1996-Jan-July 1996 mtge inc 4%s mtge income 76 "90 —Mar-Sept Francisco Ry Co.— mortgage 4s series A 1997— 5s St 6s 3%s 1st mtge _May-A'ou !—: 2%s debs United Gas Corp 2%s 1970_i .May-Nov Louis-San 1st 94 ^ 1982— California Tank United 156 ..Feb-Aug Lawrence & Adirond'k St. 76 Corp—• subord ccnv % 101% U .April-Oct Rochester Gas & Electric Corp— General mortgage 4Vis series D 1977— -Mar-Sept General mortgage 314s series J 1969 -Mar-Scut Rohr 97 Corp— mtge 6s 1952 mtge 6s 1955 —-June-Dec- 2%s debentures 1976 i.Feb-Aug Refunding mortgage 2%s series C 1991__Mar-Sept <97'A ..Jan-Juiy Power mtge 7s 1950— mtge'6s 1952— g A Direct 1 ..Jan-July . 1946— Rhine-Westphalia Elec 1980 " . . •—-.May-Nov Union Pacific RR :■» 93 91 3%s Union Oil of ■ 92 3A Radio Corp: of> America 3%s "conv i980— _June-Dec - " '97!5 Reading'Co first & ref '3lis series D 1995_ _Mdy-Nov -' '.Y Reynolds (R J) Tobacco 3s debs 1973— -April-Oct Y 1968———i_; mtge & coll tr 2%s 87% 82'A 861A •94% ~9G% 4, 91% 83 debentures 1st Union Quaker 1971—May-Nov 3s " — Y First mortgage and coll trust 2%s 1975_April-Oct- ' Y 91 lll'A 87'% V 92% — Union Electric Co of Missouri 3%s ' . ••8614-— ■-/ - Apr-OcZ . —•* 89 92% 164% „ *87 v 3%s debentures 1975— -91 >_*.—• 172% ,. 1983—April-Ocf 12 - 4 A June-Dec. — 1st and-refunding mortgage 3Vis 92 Y prices; no sales / , . being transacted during selling flat. ' , - <'• 1 - . reorganized under Section 77 or - . of - . current week. ... • < • . AMERICAN STOCK EXCHANGE : ; - In the following extensive list we WEEKLY furnish AND YEARLY RECORD a complete report of the transactions on the American Stock Exchange for the week beginning Monday, May 27, and ending Friday, May 31. 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. ' "• "; / Y RANGE * FOR WEEK ENDED MAY 31 ' ' ' . Friday. STOCKS American Stock Last Exchange Sale Price Far Aberdeen Petroleum Corp class A Precision Products Inc Acme Acme Wire Co Week's common Sales Range ; of Prices Shares Low Consol Low 1 4'A 4% 4% 300 1 9% 8% 9'A 400 io Aeronca Aero Industries Inc 1 Manufacturing Corp Manufacturing 1 1 Supply Agnew Surpass Shoe Stores Ainsworth Manufacturing For footnotes see * common—5 page 35. 6% 6% STOCKS Range Since High — Adam Friday for Week 7% — 4'% May 8% Apr 25 - Mar 1,000 5% Mar 6% 6% 67/a 1.500 6% 2% 2% 2% 1,500 8 8 8 % 8% __ 8% 100 1,300 Apr 1% Mar 71/4 Mar 5% Jan Jan. 1 Last American Stock Exchange Sale Price High Par 5% Jan Air 11% Apr Ajax Petroleums Ltd 30 Feb Alabama 77/a May 10% Jan 2'% May 8% Feb 10% Mar Way Industries Gas 3 Inc _ Alabama Great Southern— Alabama Power 4.20% Alan 5% Wood Steel cumulative Alaska Airlines Range for Week Shares Low 3% 3% 1,000 % 30% ■■ (Range Since Jan. 1 High 13 9,800 30% 3,700 30 3'A Mar H Jan 29% 50 154 Apr Mar . .High. 5% 1 34% 160 Jan Jan Jan Jan preferred- —100 88% 88% 89 125 87% May 92% Apr 10 27% 27% 27% 100 26% Mar 31% Jan 84 89 Co—; preferred Inc 3% . Sales of Prices Low 50c 2 Corp Week's — 100 1 - 4 3% 4 700 Feb 3% May 4% Jan Jan ■ 31 Financial Chronicle... Monday, June 3, 1957 Commercial and The 32 (2534) AMERICAN STOCK EXCHANGE Exchange American Stock 1, Sale Price Par r Kunstzijde N V— Amer dep rets Amer shares—----All American Engineering Co IOC of Prices Shares High Paper Allied (Mich) common Co of America— Aluminum 153/4 American American Co Meter American American American Amurex Oil Company Anacon Lead Mines Post Products class A Ltd Amer 4,400 11,800 45% 5,200 27 V2 1,200 263/4 May 343/8 200 10a/4 —5 5 , Devices Inc Steel Products Inc Non-voting preferred non-cum Machine Ayshire Collieries Corp common Automatic Voting Jan Jan 61 % Jan 323/4 Feb X1574 May 46 % May Jan 30% Jan May 35 83/4 Mar 31% Mar 300 113/8 May 34% May Jan Feb 34% 16% 24,400 123/b Feb xl6% May 28 2,800 19 Va 28% May 14% 1,400 14% Apr Feb 4% 4 Va 600 4 Jan 200 22% 22% Jan 21 73/4! Feb 500 4% Feb 7% May 1% Feb 2% 600 13% Feb 16 Mar 14 2,200 16 15 3/8 Chamberlin 7% 2,900 8 16% May Charis 943/1 430 35% 37% 6,900 23% 25 16,900 Jan 33 20 Jan Corp common Feb Jan 2,600 5% 4% Christiana May Apr 15 1,000 13% Feb 157/s 223/4 3,600 17% Feb Controller 113/4 May 16,500 113% 11% Apr 87/b Jan Jan Colon 101 1 /a 43 100 2% Feb 27/8 5,000 2% Jan 33/8 Jan Colonial Sand 4,700 3% Apr 5% Jan Commodore Hotel Community 43/a 98 Jan 1033/4 Feb Public Service— Machinery—• 4,600 1 Jan 1,400 39 Feb 20 101 101 1% 1% 43 41 Shoe 43/4 19 3,400 20% 193/4 26% May 43/a Apr 6 Jan 7% Feb 93/4 Jan Stone Co.. & Inc 73/a 2,300 5% 5% 600 4% 5% Feb 23/4 23/4 200 2% May 3 Jan 33/4 4% Jan Continental Commercial 163/b Jan 2134 Mar Continental Industries 39 % 46 33/4 33/4 100 XI93/4 20 % 20% 300 Jan Apr 3 Jan Cook Varnish Co & Paint Gas— Inc Industries Baker Rubber Baldwin common Banco Banff Oil Ltd _ Steel Ltd Corp 2}* 50c * 1 Inc class A Black Starr & Gorham Blauner's common Blumenthal Bohack (S) (H & Co common Co C) ,4 common Gas British American Oil Co_ British American 11% 4 10% 900 9 May 13% Jan 7% 7% 15% 15% 600 12% 12% 12% 400 ~5% ~5% 6% Mar 900 400 12% Feb Mar 12 8% May Feb 34% Mar 90 Jan 94 9% 3,700 8% 8% 800 ~2% ■"'2% 2% 1,060 103/a 9% 103/a 49,900 6% 7% 2,500 9% Jan 7% Jan 53/4 ' « —* 28 Feb Mar Apr Feb 23/4 103/8 May 7% Apr 31 Jan Mar 100 * 41 403/4 41 59% 573/4 59% 32% Feb 43 6,700 45% Feb 60% May Tobacco— Amer Amer £1 jtl rets ord bearer dep dep rets ord reg ™ _5% Apr 5A Apr Jan 3 Celanese Ltd— British British Columbia British 211 54% * 23/4 54% 100 l3/4 Feb 43 Apr 55% May Petroleum Co Ltd— American Brown Company common Distillers Rubber Brown Bruce (E Bruck Mills F L) Co Company Buckeye (The) 6% serial & Burma Hill (The) American Burroughs 6% 15% Mar 18 Jan 163/4 Jan 19% Apr 74 J an 9% 600 8 3/4 Feb 19% 20% 700 18% Feb 23 Jan ~9% ~9% 300 10% Jan 6% 300 6 50c 7% — 30(1 7% Mar 33/b May 7% Jan 9 300 May 10% Jan 8% 8% 300 8 Jan 83/4 Jan 3% 400 33% Feb 5% Jan 18 74 17% 19% 5,600 16% Feb 22 % May 143/4 14% 143/4 1,000 14 % May 8% 1 1 2.50 Company 7% Feb 33/, 9 9 9 10 Co 8% Mar 2 74 —— 8 3/4 16% Jan Corporation common convertible class A Oil 33/4 200 6% 2,200 1% __25c 33/4 53/4 1% 13/4 6,600 7.50 —. Cott Corp Ltd— Beverage Courtaulds Sc O Super Corp Products common- ; Crowley Milner & Co Crown Cent Petroleum ; Calif Eastern California Aviation Inc ! see 3 14 % 274 14% 3 14% Drug 11,600 12 % 13 % 1,600 123/8 1,050 73 Sugar 80% x77% 1,000 Day 4,900 1 "574 „ 5 28 A «m 6% 8% Apr 22% 90!) 21% Feb 28% Jan 26 26 27 4,200 25 % Feb 31 Jan Apr ~5% 1,400 8% 4% 800 33/s Jan 5 4% 45/« 1,600 4% Feb 4% Mar "7% ~73A 2874 250 7% Feb 9% Jan 5% 5 % 600 5% Feb 6% Apr 2% 2% 2% 121,200 1% Jan 23/4 Jan 8% 8% 8% 3.500 73/4 Jan 93/a May 32% 32% 32% 300 35% 31% May Feb 133/4 3,900 10% Jan 13% May 15% 16% 800 14% Apr 17% 24% 25% 200 22% Jan 27% Mar 6% 0% 63% 1 oon 5% "1% 1% 1% 14,300 xl2 133/4 734 Jan Feb Feb 4% Mar 53/a Mar 1% May 2% 4 6% Apr 5% 4% 5% 4,200 24 % 24% 25% 2,200 12% 12 12% 65,800 8% 10 10 9 % Jan Jan Jan 30 24 % May Feb 12"% May Feb 12 Va Jan 10% 8,800 8% 8% 8% 2/200 5% Jan 9 % May 53/4 5% 5% 300 5% Jan 6% Feb 53/4 5% 53/4 3 700 5 Apr 6 3/4 Jan 1% 1% 1% 9.700 1 May 174 Jan 243/4 May 23% May "7% 700 7% 7% Apr 9% Jan Mar 16% Apr May 15% Feb 7% 15 15 43/8 4% 95 93% : - 2C0 % Jan 8% 19% Jan 5 96 Feb 5% Mar 43/4 4% Mar 81 % 12.200 Apr 6 * 18% Mar / 7,700 96 8 8% Apr Apr May 8% May 8% May 7% 7% 100 6% Jan 2C% 22% 8,300 17 % Feb 22% Jan 25% 25% 100 24 % Jan 26 Jan 1% 900 I3/* Feb 2% Jan 11% May 14% Jan 17 213/4 18% Feb ~i% 1% 11% 11% ~4 4 12 400 ~4% i. 12.000- Feb Jan 6 3% Mar 16 % Mar 37 55 Jan 233/a 18% 18% 18% 4,600 44 44 46% 330 1% 1% 41.800 9% 9% 200 11% 11% 900 113/4 May 16 16 74 675 13% Mar 6% 1.900 6 74 May lie 600 1 10 33 Jan May 2% Jan 7 1% Gasket Detroit .... Apr 8 Apr 9 Apr 10 Jan 1% Apr 10c _ Distillers Co 33 33 3% 3% 1 J' . 1% May 43/4 May 35 3% 143/4 10 & Chemical Co Ltd Inc 1.300 5 Apr 6% Jan 2 IE Apr 2% 28.700 1% Jan 4,200 16 74 Jan 15 15 13% 1374 26% 2674 200 23% 2574 9,000 • „ * ' 25% * 1174 ~ — 17% 32.50 Jan 15% May 9U Jan 1474 21 Jan 2674 May 20% Feb 25% May — 600 — 17% 2,700 1! WT 574 5% 1,300 21% 1 10% 20% Co Corp 1 5% 5% _ 2,300 574 6,100 / 5% 5% 4.700 1 __ 1 17 16 * 32% 32% 3374 1 674 6% 6 74 .... of America 33 Jan May A May £1 May 4% Apr 574 Mar Apr 31 % Mar 20*4 May 23% Jan — Apr •10% May 6974 May 26% Apr 30% May 4% Jan 674 Apr Apr 2% Apr 3% Feb 534 May 7 Feb 7% 8 74 54 . 1474 500 28 4,600 Feb Jan 53/4 Feb 18 Apr 400 17 _ Duval Sulphur & Potash Co.. Corp 100 3074 • common 47,900 10s reg ... 2,300 1074 63 74 574 —— 1 2i34 2934 » Laboratories— _ 9% 234 9% 63 10 Co 18 74 May Feb 30% ■ *■ Co Jan 13 15 8.400 5% * Apr 1174 May 8 74 Apr 34 % Mar „ i6 1 Jan Jan 1474 12 — — 173/8 3 74 21| 300 — 13% 31% May 5,100 — — _ Co Jan 5% 30% Draper Corp common (The) 11% 5 % Mar 2% 1 preferred Rights Douglas Oil Company.. Dow Brewery Ltd Common Feb Jan 146 Feb 29% Ltd common. Dunlop Rubber Co Ltd— American dep rets ord Jan 5 6% 39% May 3% 2i5 ~7.50 B) Jan 1.000 29% .2.50 $2 (Allen 7% 1A Apr 3674 Jan 4 ♦ Harris 15% Jan 16 % May 334 3% rets ord reg—^— 6s 8d Textile Co Dynamics Jan 138 Ltd— Dominion Tar Test Feb 6 1 Corp _ _ Dome Exploration Ltd Dominion Bridge Co Ltd. Dominion Steel & Coal ord stock Power 33/4 Mar 3074 Mar 25c Club Inc American dep Dorr-Oliver Jan Feb ' 574 1 Diversey (The) Dominion % 734 May •' ' ' 100 800 142 142 142 Manufacturing-—.1 6 38% 37% 37% 400 3% 6 — — 5 Devon-Palmer Oils Ltd (The) 174 ——' • 50c - Gray Diners' . 35 100 & 6% 6% . Iron Foundry Development Corp of America Detroit 11% ... 35% Feb Jan 7% May Jan May Jan Apr Jan 60 Apr Eastern Malleable 43 Jan 50 Mar Eastern States Feb 6 Apr 253/4 Jan Mar 10 8% May 20(1 5% 1 1_. debentures Jan 4% Jan 4% "4% 2.50 4 A Dejay Stores common Dempster Investment Co Dennison Mfg class A common Jan 13% Mar Jan Feb 500 15,500 2.50 Dayton Rubber Co class A. 8% Apr % 3/s % 8% ___1 Mines Inc 2% 2% Jan D 174 May Feb Apr Jan 23% 22% 50c 5 * ;_%c common Davenport Hosiery Mills. Davidson Brothers Inc. DuMont Feb 143/4 81% 22% 2.50 Crystal Dairies Inc Daitch Duke % May Apr Jan Mar 08% iff 25c * common.. Lighting Inc common Manufacturing Co class Driver 4% 4 % Jan 8% • "A" partic Cuban-Venezuelan Oil vtc__* Apr 25 2% 21 % May 5 Co common 55 • 1 35. U 50 5 page 200 5,300 50 Camden Fire Insurance For footnotes 43/4 343/4 "Hoc 1 Electric Power $3.00 preferred $2.50 preferred Calvan Consol Oil & Gas Co n 474 32% —— * 5% Mar 93/a May 200 3% ;—1 ; (Md) Crown Cork Internat'l Feb 18,200 % 34% 10c 50c May 9% 3% 1 receipts (ord reg)—£1 5 1 American dep Duro Cable Electric 20% May 73/8 Mar 5 800 5% 9% Durham Hosiery class B common.. O Mar 5 Crowell-Collier Publishing Co Duralay Calgary & Edmonton Corp Ltd Feb 12 18% Mar Creole Petroleum common . Jan Jan 86 Feb 8 3/4 -11% May A Apr Feb Jan 81 ...10% May 43/4 474 .400 500 6% 374 11% 73 200 Jan Jan 25,300 3% 574 II % 64% May 400 7 % A A dep rets ord shares__3s 6d & Son Inc 1 Corp 12 %c (J Pi 60 5 3/8' Drilling & Exploration Ltd— Burry Biscuit Byrd 800 31 1 preferred Mines "17,700 6% May 13% Jan 6% • Buffalo-Eclipse Corp Bunker 16% 19 May Jan 9% 1 common Corp Machine 1674 18% 22 17% 203/B 2.50 , Budget Finance Plan common 60c convertible preferred Buell Die 16% -r— 1 common 129,800 22 20% 18% 1 10 preferred Co common Ltd class B 213/4 £1 1 dep rets ord reg cumulative 4% S common Forman Brown B Power 21* £1 dep rets ord reg American 300 66% 19% — *■— 64% : 11%. 9% May 6% 1% Jan Jan 63/8 Mar Jan Mar 24 5% Curtis 29% 92 83/4 Jan 11 100 19% Curtis 110 31% 91% 93/a 7 Apr Jan 100 24 11% Mar 300 303/4 91% • 7 Jan 13% 25 A 24 19% Jan 53/a 5% A 11 % Tobacco 16 Feb xll% xll% 4% —* a-.-_l.50 preferred class A Atlantic Jan 3 9,100 5 ; Coro Inc Cuban Feb Jan 6% May 4 Corroon <fc Reynolds common...:——1 Cuban 4% 410 4 Feb 11% Mar XI53/4 Mar 5% Jan 4% 1,200 Crystal Oil & Land Co common.., $1.12 preferred Cuban American Oil Co Jan 41,900' 12% Crown 48% Jan 8% 12% Apr May 4,100 6% * j Gold Mines Feb 45 7% 5 3,4 • 5s/8 700 7 6 1 •. Jan 45% 5% 23% 6% Mar 7% 64% 53/a Mar Jan Apr 18% 1,100 19 M2y 4 1,500 4% 4 18% Feb 3% Mar 12 % Apr 143/4 106% May 3/4 May 13% Jan May Jan Jan May 21 800 18% May 14 • Brillo Manufacturing Co common Apr 3 % Mar 200 15% * Co May 15% 143/4 7% Gear Corp Bridgeport 10 300 1,800 Jan 104 70 Apr 9 39 Feb 3/4 6% Jan 12% 10 10 Works Inc 20c Brazilian Traction Light & Pwr ord__* Breeze Jan 7% May 29 Mar % Jan 45 1 Inc Foote Feb 33/s 31 % % 6% Mar 2A 5,600 4 3% 5% Apr 30 27 200 A Mar 3 A Feb 5c Feb 3% Mar 14% 5%% prior cumulative preferred-100 Chemical Company Inc 5 Brad 163/4 :■* — non-voting B Cornucopia Mar $1 4% Borne Bourjois Feb 2%, Jan 11,100 183/a * common 14% 3,500 29,900 10% 1 • 3 1 common Feb 8 173/4 3% .143/4 2% 21* "73/4 10% 1 Bearings Inc 50c Beau-Brummell Ties common 1 Beck (A S) Shoe Corp 1 Bell Telephone of Canada common__25 Belock Instrument Corp —50c Benrus Watch Co Inc 1 250 Class Jan 17 5 5% 18 1 Controls Inc class B Blckford's 2% 8 Incorporated Basic 16 ,23/4 53/8 Barcelona Tr Light & Power Barry 2% shares American Barium 15% 16 15% 21% 16% Mar 32,400 900 15 10 Securities Corp de los Ajndes— Baldwin 18 % 17% 18 1 1 1 200 38 j* Ltd— 1 voting A Jan 2 4% 1 10c 10c 20 Corp. Inc Continental Materials Corp.... Class Class A ] is 27% 4%. Inc.. Containers 7 Jan 37% 18% Cuban Petroleum 7'/a Jan If Jan Mar 6 A Mar 1965 to ext Connelly Jan 19,700 5 Jan 1 —50c Corp—.—_20c Consol Diesel Electric Corp 10c Consolidated Mining & Smelt Ltd * Consolidated Royalty Oil 10 Continental Air Lines Inc 1.25 Continental Aviation & Engineering—1 Vtc Jan Consol 19% 4% 7% 5% ordinary Development Compo 1% May 46'/a 111 3% 2% Mar 6,600 10474 105% __10c * 30s 4—1 1 10 vtc Oils Cockshutt Farm Equipment Co 4% 2% 2 2 5 Hosiery Co Caribbean 43/s May 27% May Apr 7% Mar 1 Cooper-Jarrett Inc Corby (H) Distillery Bailey & Selburn Oil & Co 2% 23/a 2% 1% Clayton & Lambert Manufacturing—4 Club Aluminum Products Co —* Coastal 2% 43/b 10,200 Jj3A —1 1 Corporation Claussner Jan 8-ft 2,500 1A 24% 27% .—5 Co Manufacturing Clarostat Clary 223/4 May 93/4 May 6 3/8 1% 1 1 Corp City Auto Stamping Co— 6% Mar 14% 674 ,—4 Chicago Rivet & Machine Chief Consolidated Mining 213/4 1,400 10 Inc.. Feb 101 2% 12% Apr Jan 2% 1 —— 39 Clark 5% 1,000 10 — 101 25 26% common————5 Oil 2% May 3% May 3,900 3% 312 Chesebrough-Ponds Jan 4% of America Charter Oil Co Ltd.: Jan 10% Jan 4 % Mar x93 933/4 22 a/4 May Feb 4 26% 10 2.50 preference Co Cherry-Burrell 7% Mar Jan 1% 2 Inc— Investors Convertible Jan 17% Feb 19 % 6% -100 100 10 pfd Century 4% 8,700 6% 200 14.BU0 23A Central Jan 3,800 Mi 25,900 2 */2 9 A A 33/4 2s' 6d —1 .—* Castle (A M) & Co— a_10 Catalin Corp of America— ——1 Cenco Corporation „ —1 Central Explorers Ltd 1 Central Illinois Secur Corp ——1 Conv preference $1.50 series——e—* Maine Power Co— 3.50% preferred Central Power & Light 4% 8 Jan 26% (J W) Co common Products common—— Casco 10% 63/4 Feb rets B ord— American dep Carter Century Electric Co common—. 9 28 5% 12,600 Carreras Ltd—. Jan 6% Jan Feb 22% 8 774 A 22 2 Jan A Apr 9 A May 7 ~2% 5.50 * $5 pfd x31 2A "73/4 1 common 23 % Mar 1% 153/4 Co Carolina Power & Light ■: I?3/* Jan 9 14% 22 % ll3/8 10c 1 1 • 76% Mar 35% Mar 32% Carnation 14 Mar 28 6,700 103/8 Feb 26 9% ciu Kennedy Inc—. Baxter & Carey Apr 1% May xll 95% Electric Industries— American dep rets reg 21 Associated Food Stores Inc —1 Associate Laundries of America 1 Associated Oil & Gas Co lc Associated Tel & Tel— Class A participating • Atlantic Coast Fisheries ——1 Atlantic Coast Line Co — * Atlas Consolidated Mining & Development Corp 10 pesos Atlas Corp option warrants Atlas Plywood Corp 1 Automatic 9% 143/4 May 1% Jan Associate Audio 12% Mar 14% 5% Productions Inc.; 243/4 May 27 -- 1 2.50 25c Jan 88% Feb 16% 37 243% —-10c Jan 8% May 12,000 323/4 94% Rubber Co class A Equipment Corp Artists 1% 10% 7% Armstrong Assoc 600 34 15% warrants. Co & 143/a 263/4 9 6% 1A 15% —1 pfd—100 Angostura-Wupperman Appalachian Elec Power 4%% Arkansas Fuel Oil Corp Arkansas Louisiana Gas Co Arkansas Power & Light— 4.72% preferred— Aro May 22 May 24% 71 163/8 27% 14% 4% 2.40 "A" shares— Armour 83 100 31 4.75 Exploration Ltd Anglo-Lautaro Nitrate Corp— Anglo 200 42% 10 % 1 2 5 5 3 5 20c & Photocopy Equip Co— Seal-Kap common Thread 5% preferred American Writing Paper common AMI Incorporated American 17 May 200 ----- American Anchor 14% May 21 400 50 14% 44% 26 54 Natural Gas Co 6% pfd__25 Petrofina Inc class A 1 American Apr Feb 7 24% 85/a 1% 1 /a common.;—».—-1 ——100 —-1 12.50 20 Manufacturing Co corn.—25 Maracaibo Co.— —1 44% May 86 14 14% Beverage Feb 193% 2,200 163/4 22 8% — Book Co — Electronics Inc American Hard Rubber Co— American Laundry Machine American 10% Mar Xl4'/4 x153/8 — American 4% Mar 24 74 83 American May Jan Feb 83 $3.75 15 Jan 3% 2,400 39% 213/4 21% Aluminum 4% 2 3/4 May 6% 15/4 cumulative preferred 100 Goods Manufacturing—.—10 Aluminum Industries common * Ambrook Industries Inc (R I)— -—-1 American Air Filter 5% conv pfd—15 3,900 36% 38/2 5 Products 2% "33/4 63/a May Co Range Since Jan. 1 High Low High 10 10 Ltd—1 * Canaaa Cement Co Ltd common * 6 % '/o preference ——20 Canada Southern Petroleums Ltd vtc.l Canadian Atlantic Oil Co Ltd —2 Canadian Dredge & Dock Co Ltd • Canadian Homestead Oils Ltd 10c Canadian Marconi —1 Canadian Petronna Ltd parcic pfd—10 Canadian Williston Minerals 6c Canal-Randolpn Corp 1 Caiioo Natuiai Gas Led vtc— 1 Canso Oil Producers Ltd vtc— 1 Capital City Products common 5 Bread Canada Feb 6 Apr Feb 11,300 1,100 Jan 8% May __ » Corp Allied 28% 13% 3% - 4% 33/4 23/4 -- -1 5%% convertible preferred 10 Allied Control Co Inc —1 Allied Internat'l Investing cap stock—1 Artists Allied 500 6% ~3% 2 /8 1 common Pictures Corp—.. & Fisher Alles J- Inc Allegheny Airlines 43/4 53/4 6 warrants Corp Alleghany Apr 43/4 — Shares Low Par Campbell Chilbougamau Mines 24 Algemene for Week High Lou> Sales Range of Prices Last Sale Price American b«,ocK Exchange 1 Range Since Jan. Week's Friday 31 MAY ENDED STOCKS for Week L010 WEEK RANGE FOR Range Last STOCKS Sales Week's Friday 29% May preferred series A $6 preferred series B $7 51 25 Iron Corp ... 1 20% 5274 300 20 20% 2,600 3674 ___ Jan 54% May 17 % May 31% May 177% Feb May 162% Jan 166 152 - Jan Volume 185 Number 5643 . 2vte . . Commercial and Financial Chronicle (2585) AMERICAN STOCK EXCHANGE / Friday .. STOCKS 1 American Siock Exchange Week's Last $2 snares Deneficial 01 preferred Ebo Low — int__1 —— - Mines Electric & Eiecuograpnic Corp Electronic 8% Corp El-lronics Inc. Equity Corp $2 Forge 6% Jan 9% Feb iT« 16 15% 16 Ero Manufacturing Esquire 17 % 11% 12% 2% May 3% Jan 2% 2% 9,200 13 13% 600 10% 10% 500 3% 3% 9,200 38% 3% May 39% 900 38 % May 9% 9% 6,500 1 39 ■■■(■■ 9% 12% 7% 700 102 4 10% 10 Jan 14 Jeannette May 6% 400 6% May 7% 6% 100 5 % 10 (Max) & Co Fairchild Camera & Faraday Uranium Fargc Oils Ltd Financial Fire class u 11,400 % 1 Ltd— 17 —1 A Ford 1% Apr Kaiser Jan 16% Jan Kaltman Motor Pitt Fox De Luxe Eeer (The) Kawneer Co Kennedy's 5% Apr Kidde 43% 7% 44 V8 Apr Kin-Ark 43 % Jan Sales Inc 20,800 7% 45 Feb 8% 8% 113 % 2,200 8 Feb 1,350 102% 109 4 O 5% Co General Acceptance Alloys Co— Builders Supply General 5% convertible General Corp 5% 8% 8% 700 16% 100 15 x31% 32% 400 28 Jan 105 Mar ~5 400 preferred 100 200 rets ord convertible §General General Georgia Power Knott 8% La Gobel (Adolf) Grand & 99% 99% 91 % 92% 265 4% 413 2,400 9 8% 9 38 Great Atlantic Non-voting l'/c 1st & Great Lakes Greer Gridoil Oil & Grocery Gulf $4.50 Lamp 7 7% 8 2% 3 1,425 3% ' w— Class A_ Holmann _ 83% 5% Oil Class Co 39 12 39% 43 Horder's pfd 100 4,600 ' 400 3,500 2% 3% 4 4 1% 39 39 8% A) 40 7% Hardart & 100 __ 68% Jan Jan 3% Apr 2 2% Feb 3% Mar 3% Mar 4% Jan 1% Mar 2% Jan 4 3,300 Feb 2,500 8% May 30% Feb 1,400 7% Feb 5% Jan 44% May 9% Jan 21% Mar 25 Jan 86 % — 94 Feb Jan Jan 63 64 40 62% Jan 67 17% 17% 1,000 12% Feb 6% 18% X6% 6% 5,700 _5 4% Jan 21% 19% 21% 5 700 15% Feb 900 8% Feb _ _ _ 10 1 _2 Inc '♦ —— 1 _ ' 10 4 % 4% 500 11% 10% 11% 1,000 2% 5 2% 300 35 60c - 9% 4% 25c Mines. 33 1% 1 35 1% —• 2.200 1% 4 10% 2% 24 15,500 Apr Jan Feb Feb 1% Mar Apr 6% May 21% May 10% May 5% Jan 12 Mar 3 Apr 35 2% May Jan 3% Feb 4% May 26% — - * Feb • — » A 20% — ' III—10 & _ xl3% 21% 21,700 20 18% 20% 17.300 21 20% 21% 700 12 Jan 34% May 24% May 11 Jan 24 % 16% Feb 21% Mar • _ Inc common- w 5 stock.* i 118% 118% May 80 29% 1,500 57 : 125% 57 ' 58 123%. 126% Inc Public Stores & (J W) McKee Mead Inc (AG) Menasco & 11% 1,000 19 Feb May 24 Jan Co Imperial Amer Chemical Industries dep rets ord Imperial Tobacco Imperial Tob of of Gt capital stock Canada Brit & Industrial Hardware Insurance For Co of Mfg North footnotes see 5% • 61% 63 Xl2% X12% 5 % 5% 84 84% 1 28% 27 28% 105% 104 —50c 35. 5 2 2% -108 4,800 5 Jan 513 Apr 5,900 52% Mar 63 100 11% Mar 12% May Apr 4,100 5% May 82% Jan 6% Feb 120 3,100 15 % Jan 900 2 Apr 2,000 90 Feb 94% Mar 28% May 2% Jan 108% May 7 Jan Jan 107/b May 8% Jan May Jan Feb 6 147/a "2% Jan 17% Mar Jan 55 6,700 Feb 3% 2% May 500 40 39% 41% 90 93 50 19 20 1,075 5,100 19 212 Apr 3% May 5 Jan 6% Mar 3% 6% Jan 29% Jan 41% May 70 Jan 93 14% Jan 20 May Apr 1% May 1% 541/4 1% 1,700 16% ' —. 16% 100 9,800 46% Mar 60% Jan 200 26 % Mar 30% 52 % 54% 28% 29 10% 11% 11% 1 10% 9% 10% 12% 12% 12% 1 Va 1% 1& iy8 Mar 16 Feb 17 Jan 2,200 9% Feb 11% Apr Apr 1,400 7% Jan 12 Apr 1,225 9% Feb 15 Feb 5,400 1 Feb 6% 6 Va 6% 3,100 4% Feb 7 16% 16% 16% 500 15 % Feb 17 28 Feb x!6% Xl6% 17% 35% May 700 16% May 32 Jan 17% May 34 13% 13% Apr 13% 700 13% 15% Jan ~7% ~7% ~7% 2,100 1 issued) _1 Co * Co -~5 £1 Ltd-—-— 4 Corp Jan Steel non Midwest Miller Mining 35% Apr 50% 49% 50% 2,800 33% 51 6% 6% 11% 11% 11% 400 16% 17% 46% 15% 44% 47% 70,700 10,100 19% 19% 300 x22 % 22% 800 19% Apr 22% 22 7 22 Co Mt 2,500 23% Apr 4% 300 4V5i May 5 Mar 100 7% Mar 11% Apr & Light 5% Service Vernon Mountain 1,800 1% Feb 2,200 9% Jan 13% 500 8% 9% 7,100 ~8% ~8% 100 9% 1 2 22% 22% 23% — 5'/a 5% — 16% 16% * 13% 112 600 400 13% 13% 600 1 % 1% 27% 27% 29% 17,600 85% 85% 87% 50 93 % 20 Muter Company 156 12% Mar 1 35 Apr 21% 104 Jan Mar 13% Apr Jan 1% May 20% Mar 29% May 85 10 Apr 90 Jan 90% Apr 95 Jan Apr 90 % 150% Jan Feb Apr 159% Apr Apr 3% 3% 17% Xl8 100 123% % 100 150 127% 128% 650 122 % Jan 4,100 A Feb „ 22% Jan 32% 2,000 27 % 600 10 5 2.50 31% 26% 32% —1 10 Va 700 1 1% 50c _3% 3% May 16% May u- % 10 common 16% May 2% 1 common 8% Mar 23% Apr 5% May Jan 41% 4 Inc- Co Feb 5 * 2.50 Tel 7 18% Feb 1 pfd Inc & 93 % 156 * preferred Tel ■ — 100 Products Mills Feb Apr Jan 86 100 A 14 29 128,000 100 class 10% May 500"' 1 Co Jan 8 May 12% Mar 100 V4 Mar 1 Ltd Mar 32% Mar * common 13 2 10% May 17% Jan 26 — 100 Murphy Corporation Murray Ohio Mfg Co Musk«gon Piston Ring common Muskogee Feb 10% 50 pfd participation States TV & Metal cumulative Mount 17 1% 5 preferred Canada of Investors Muntz Jan 19% May 24% Apr 13% 50c preferred cum preferred series B preferred series CJ Clemens 6% 57% Feb 10% 50c common Montgomery Ward Moody Mar 1% —• cumulative 4.80% May 35 13% 10% Monongahela Power Co— 4.50% 17 y» 22% preferred—* shares 8 Apr 13% Jan 11% May 13% Feb 10% common conv Jan May 4% • 1 Molybdenite Corp (Can) Molybdenum Corp 4.40% Jan 44% 10% 1 Piping Co Pwr 6 3,300 10 dividend Public Jan 1 Abrasive Corp 33% May Jan Products— cum Minnesota 30% 1 convertible Missouri 700 5 common Corp $1 Wohl 4%% 10,500 2.50 Micromatic Hone Corp Middle States Petroleum Mid-West 36% 34% 1 Chemical Corp Oil "Jan 33% 25c Steel Tube Midland 15 33% 1 Plating & Stamping Co Midland • 35% 1 Co Co— Co 4A Apr 7%'May ; Feb 34 1 Iron Sugar preferred Feb * Mfg Co Michigan Michigan Michigan Michigan '6% 14 1 Mesabi $2 Feb Mar 5 Metal Textile Corp common Metal & Thermit Corp , • 1 Refrigerating Petroleums Ltd 6% 1% May 6% May 50c 9% 2% Jan Feb 3% May 19 Jan 128% May 1% Jan 36% May 31% Apr 3,100 Jan 10% Jan 32% J CO 26% Mar 44 Feb 35% Apr 2% Feb 3% May N Milling Corp Alfalfa 1 Co— common (Mich) National Mfg & Stores Petroleum Ltd common Industries Inc Research Rubber Machinery National Starch Products National Steel Corp Car Transit 9% 3% 3% 4 2% 2% 700 18% 18% 100 19% 20 Union Meter 'common Electric 5 9% 500 4,000 13% Apr 3 14% Jan Feb 4% Apr 2 ~4 4 9% . 23 4% 1,300 7,200 Corp common 9% 100 24% 1,600 Jan 11% Jan Apr 4% Jan Jan 2% Jan 18% Mar 21 Jan 19% May 23% Jan 13% Jan 3% 9% Jan Jan 5% Mar 11 Mar 27 27% 1,300 ~7% "7% ~8% 6,700 4% 4% 100 30c 2% 2% 5 29% 28% 7 7 2% 30 7% 2,100 2,100 3.300 May 26% May 32% Jan 22 Mar 27% May 26 27% . 1 1 2% 26 — 10 10c 8% 3 12 % Mar 20 1 1 * common Neptune Co 9% common—1 Ltd National Mur 600 2% 1 National Telefilm Associates Le 300 4'/a 1 25c National Nestle 13% Va 4 1 1 Hess Presto — Dehydrating & National Casket Company National Electric Weld Machines- National 13% 10 Inc National 5% 84 % Co £1 5% pfd—100 America page 63 5 Ireland Indianapolis Pwr & Light 4% Industrial Enterprises Inc • 5% ~2 JS8 30c Co Merchants National £1 : 7,100 2,700 6% 15% Mar 38 — 10c Merrill —. reg (Canada) 16 2.50 Ltd—_ll. National Imperial Oil 7% 16% 5 1 Co Bellas 10,500 19 . 7% 16% 1 Co & Co common Johnson Brewing Co 19% 19 Jan 10 % * common Aircraft National 11% May 15% Mar 13% xl4% 1,000 " Mays National 15% 15 Jan 11% May 10% 10 Exploration Massey-Harris-Ferguson McDonnell National 5% Mar 29% 10% 10c Co May Apr Jan 27% Mar ~7% -1 Rubber 59 Apr 14 J/4 International" "Marine. Feb May Apr 400 200 **"**, ■. 25c Y (when 46% 9% 5% 14% 29 1 Ltd (The B) Nachman 4 1,600 14% — 3 Inc 21% May 6% May Jan 25c common common Namm-Loeser's 63 __ 11% 5% Jan 4 23% •; 5 Inc Service Feb — 10% 5% 5 warrants 100 4,100 ■' 1,200 11,900 17% % 6 2 118% May 29% Apr Feb 20% 6% 5% University & Feb 110 Apr 20% 6% 5 Jan 1,400 5% 20% 1 1 . 11% 2.50 . 400 Jan 200 5 (The) Communication Jan 129% May 64% May 5 — Mar Jan Jan 6% 10 N 23% ' — Hydrometals Inc Hygrade Food Products 107 19 60% 8% 6% preferred- 96% 29% •. 5 i* 117 29% • Manufacturing Co—- Hydro-Electric Securities May May ' 100 . 17 50 —L.-15 • common. Refining capital common & ____ _ (Harvey) Lock Mar 43 17% Baking Co... preferred New 14 Feb 1 _ Apr May ,.:..ioc Inc 2.50 Hardart Hurd Jan 6% 39 Feb ■' — _ common— & Co__ & Oil Jan 10% 400 4% • Horn Humble Apr __ (Geo Hub bell 86 36 100 1% 4 , Horn 5 'fo Jan 4% May Feb 6% 1 Inc Land Mansfield Tire Jan 105 3% Feb 800 — Hormel Feb 34 2,100 3% 100 Bearing Co Inc 77 1% common class Jan 160 2% ' —— ; & 2 % Apr 5% 10% * Truck Marconi 12% May 10 x3% 400 common Industries New Feb 19% May 4% May Apr Feb 5% 12% 5,200 Co (R G) Manischewitz 2% May 9% May Feb Jan 14 y8 24% May 12% Jan 1 Refineries Mangel Jan Apr 13% Jan 4% Inc Petroleums Maine 185% May 132 7% May 1,7« May Feb 12% Mages Sporting Goods Magna Oil Corporation 3% May ■>* Jan Jan Apr 4% May 2% Jan M 28% May 9% Jan Jan 75 Feb 20% 12 50c cumulative Mack Apr 55% * - Ltd B Ball 5% 36%" 4 _ Holly Stores Inc Holopbane Co common. Home 9% 14% Feb 1 3% Macfadden Publications Inc May 11% 1,300 Feb Jan 4 Delaware Realty Tourneau Louisiana Jan Feb 6 40 4/ • Co Feb Jan 1% 12,900 ^ 25c Hollinger Cofisol Gold Holly Corporation Hoover 4 11% - _1 — _ 127 6,300 10c Industries 149 % 25,100 10c common- Inc 11 J/4 82 » 38% 25 common... Co 160 83 " " 42% Products Co & May 600 78% —. Electric Mfg (R) 130 3% 82 1 5%% Apr 4% Mar 12 33%c common Lunkenheimer Jan 9% Co— Co 2ya 3% Jan Feb Lynch Corp Jan 18% -1 _ 2% Locke Steel Chain Jan t '. Co 11,100 5 Lodge & Shipley (The) Co Longines-Wlttnauer Watch Jan 1 Va 91 7% May 2% Mar 3,600 173% 185% 128 * Light— 4% Common May 2% Jan 7 600 * -> - 17% 3% Loblaw Groceterias second pref- 11% May 20% Mar Feb 25 2,300 "i Jan U Mar 65% 400 5 — preferred Higbie 4,500 184% Company.- Henry Holt & Co - 2,100 7% 8 __10c ^ Lithographing Hevi-Duty 91 27% Industries— — Hoe % * 128 — Gallon % 10% Rubenstein 4% Mar 11% Bishop Inc.. Hazeltine Corp. Hecla Mining Co_. Hercules Jan 2 2%. _1 & 16% 2,100 1 Co E) 200 2% 9c Hazel (W 19% ' 9 Hathaway Bakeries Inc Heller 9% 86 2%- Helena 300 Leases Electric Havana 10% 2% Organ Mfg 14% 8% Plywood Corp Harnischfeger Corp Hastings Jan 2% Harbor Hartford 10% 2% H Hammond 12,800 8% Gypsum Lime & Alabastine Hall 11% 1 , Inc Litton t. common of Jan 13% __50c -preferred 10 40 ~1 • Chemical Co— Land & 8% Mar Feb Tea— Company Inc.. States Class B 6% 11% May 27% 1 stock Products 97% 29% -- % 88 10c Company Stores Films 99% Mav 800 —- Freehold Griesedieck Guild 1 100 Hydraulics 20 150 2% _5__ Pacific Salle 5% 17% May 99% May 10% 4 preferred 900 4% ' Liberal Jan 200 X19 50 common Inc 19% 75 pesos Sessions Extension Jan 11% 1 A common 19 38% 11 * Co. 15% 19% Ltd Industries Jan 12% 10% j & Lecourt May 33 * Inc Industries 300 151/4 19% Co A S Mines Corp Le Jan 7% 11% 1 Rapids Varnish Amer Shores Leonard Jan 16 x4% Mar 10 Manufacturing Mar 3 * 91 % May 4% —— Inc 6,400 Inc— La Jan 91% Co Manufacturing Great Consolidada Lear Jan _.* — . 6 Feb 1 Goldfield Consolidated Mines Goodman Manufacturing Co Gorham Apparel Lanston 32% May Mar 1% Jan 8% 37% May 187/b Jan 36% Lakey Foundry Corp 1% 7,600 8,100 21 y2 May 14 y« Apr 32% 7.50 Lake 38 Va 1% 17% 24% Mar 34% 5 Apr 105 Jan 1% Jan 24 10c Rubber Jan 56 14"% 23% 23% Corp Jan J&n "l% * Glenmore Distillers class B Co B) 9% 39% Jan 16% Apr 5% Jan 8,400 98% 900 23% Feb 2.50 Stores L'Aiglon Feb 17% —— Corp Union 9 Feb 2ya L Feb 1 Mines (A C) common— Gilchrist CO— McBean (I Hotels 6% 18 9 95 25c Kropp (The) Forge Co Kraeger Brewing Co Jan 5% * Gold Gilbert Globe 200 20 preferred $4.60 preferred. Yellowknife Alden 17% 150 12 2% 25c Corp— Giant Gladding 800 17% 50c Corporation $5 49% 17% May Feb 1,300 22% Mar Feb 6A 12% 31/8 300 Jan 1% May 200 47% * preferred— Stores Transistor 47% 7% Jan 97'/4 :V 1 Liberty Fabrics of 7% 5 3 22V2 Feb May 16% 1 Co 16% 13% Mar £1 reg Fireproofing common General Indus Enterprises General Plywood Corp common Gray 5 2 Electric Co Ltd— American dep Glen 3% 1,300 2% 5 97% 22% 7% May 25 General 5% 5% 2% Jan 2% Apr 12 y8 Mar 120 Feb l7/s Mar 1% Apr 3,900 Feb 5% 5,900 3 Hi Feb 131/4 7% 2 16% 4% 12% 6% May 4% Jan 2% 12,100 13% 117% May Mar 3,000 4,800 2 2% 32,500 10 Apr 16% 1 com 21/4 Jan 14% May A Jan "7% iA 6% warrants Corp 10,800 1A 6% _5 % Jan May ~6% 6% 1 2 5 & Apr preferred——————100 5% 5,800 U 16% 1,500 21/4 1A Lamson General 4 12 Va 2 pfd—100 Company Lamson Gellman Mfg Co common— 11 ~7% 413 * common 11 1 G Power 6% -1 Jan 5% Jan 20c 3% 5% 5% Co 4,700 8% 1,800 Kirkland Minerals Corp Ltd Klein (S) Dept Stores Inc 41* 1 14% Kirby VenSyn Petroleum Mar *lff —_5 Jan 11 41* ) Gatineau Oil Kobacker 111% 113 % 10% 50c 4%% Inc. (Walter) Kleinert 8% Apr Apr 600 5% 15% May % May 10 1.25 Co_—— 41 % Mar • 1 May 13% 5% 2irtr Kingston Products 1,150 15% 3 79 13 % 5% 5 3% May 6% Mar J.3% 12% May Feb 1 (Del) 2 A Mar 31*8 Jan 1,600 Company A) Jan 36,100 dep rets ord reg £1 Inc.———.——1 (Geo 9% May 22% 24,900 Industries Fresnillo Fuller Feb Apr 6% 15 13 W —15c common Katz Drug Company.! Kawecki Chemical Co 5V4 2.50 2y8 May ik Electric 3% Ltd— Co 16 & 5 10 Jan 9 Vi Mar 1,300 2% Corp & Company (D) Gas 6% (Phila) 4% 1,700 75 10c Industries 3. non-voting-___.-_.__ ,~* voting———L——— B 7% 900 of Canada— American Fort 3% 5,000 17 2,400 2% 3.90% — 5% Flying Tiger Line Inc Class 16% 5% 11 % Apr 60 y» Apr 10'A May 6y« Jan K 6% . Inc 1 Fitzsimmons Stores Ltd. Name chgd to Thriftimart Inc (effective May 29) Class 9 % Jan 2% Petrol Corp Inc_lc Co 1 Sterling Inc Fishman |M H| Co Motor Glass 10c _ Corp. Firth Ford 8% 20 Jan 6% 10% 1 Jupiter Oils Ltd-. Jan Feb 12 8% 43% 3,000 . — 1 Instrument Mines General Association A 10,800 10% 2% 1 7% Mar Kansas Factor 10% May Apr 59 % 11% Corp High Feb Jan May 6% Feb 8% 9 5% 1 Irving Air Chute Israel-American Oil Jan. 1 Low 3,100 57 5% 33Vhc Service Co Israel-Mediterranean Jan 42% Jan x9% 10c Company Royalty Public Range Since High x9% 20 5 Co Ironrite Inc 12 % Mar Shares • pfd—100 Iron Fireman Manufacturing vtc • Feb Feb 6% 25c or 13 9% Oil Iowa Feb 6% 1 $1 12% —1 _ 16 May May 92 3% 10 _ 12 —~ tor Week 10 Intex Apr 13% 9% 57% Investors Sales Range of Prices Low 1 Machinery International Resistance 32% May 9% Mar Cigar Inc International Products Jan 8 Breweries International Petroleum capital stock-* Feb Feb 1,600 —10c com Corporation Ltd Pipe Line common Eureka Feb 9% 10% 1 Co Inc Eureka Jan 15% 9Va 10% pfd_ —100 preferred Corp preferred 26% 9% 10% 500 Last International Jan 1 Week's Friday Sale Price Par Apr A 20c 31 International May 7% 1,300 12,500 200 —10c Steel 1st 25 500 % 32% 1 common & cum 8% Jan 136 2% convertible Erie 8 24 100 31% Iuc__ MAY American Stock Exchange Jan iff America Finery Air Freight corp Empire District Electric 5% Empire Millwork Corp 25 . 30% 32 % common of ENDED High May 1 common. Communications Electronics Low 19 25 1 Snare WEEK STOCKS High 5 Limited— Bond FOR Range Since Jan. 1 —— — Corporation class A Elder Shares Sugar Associates— uuiiimoii RANGE for Week of Prices Sale Price Par Eastern Sales Range Mar 28 17% Jan 7% Jan May 9% Jan 3% 5% Mar Jan 2% Feb 27% Apr 4% Mar 2% Jan 32 Jan 7% May 33 The Commercial, and Financial Chronicle... Monday, June 3, 1957 (2586) 34 AMERICAN STOCK EXCHANGE Sale Price Exchange American Stock & Chem Min New Idria New New Land Coal & Oils Ltd Pacific New New New New 6,700 36(4 May 47% 1.500 13% Feb 16% Mar 113 2 hi 17.700 1(4 17 b 3,800 Jan 2% Feb % Mar 1% Jan _2 ,(• Feb 2% May 13 5 it 700 12% Jan 13% May 55% 1% 500 Feb "3% ~3% 3,600 5 2,100 2 5 4T« r.r 78 Jan 14% May 3% 11,300 2 ju 2 iJ Jan 10% 5911 ~3% Apr 5% Jan 3 Jan 2% Feb 4% Feb Jan 6 4% 24,700 Mar 4% May 10% 117b 5,300 7 Tb Feb 11% May 11 10% 11 1,100 9% Jan 11 37 36 71 37 200 4 4(4 10% 3 36% Apr ~67b *6% 7% 5 i'ij 5(4 5',r 12,500 Jan 7% May 5 7% Apr Feb 6% Apr Jan 10 Va 7% 3,300 88(4 430 7];} /is 19,100 5ft Jan 9% Mar 12,500 3 7 (4 Mar 7% 7'2 40% 42% May Apr 4% 8,900 Mar Mar x40 75(4 Mar 87 Jan 86 Apr 91% Jan 7-3 7% 5 2% 3 18,600 1(4 Feb 3 234 May 2 2(4 20,900 % Jan 2 2(4 * 7 !\ ' "J 5 li! • r- —, of America-—— May 89 13% 58% 1 Jan "2 ,7V 59 % 10 North American Royalties Inc 1 North Canadian Oils Ltd-—— 25 Northeast Airlines ——_——-—1 North Penn RR Co.,— 50 Northern Ind Pub Serv 4(4 % pfd—100 Northspan Uranium Mines Ltd 1 Corp 5,403 200 % May lir 8 9 (a ft Feb Steel common- 7,500 13 34 14%. 4,100 62 62 62 3 3 2% Mar 3% Jan 13(4 Feb 16% Jan 64% Feb 225 60 Feb 93 (b 20 93 May 101 Jan 2!;! 900 Jan 3 Jan 83(4 84 3b 500 85 Apr "3 Tb * 100 90c Okonite Company common—.———25 Old Town Corp common—.1 40c cumulative preferred————7 Omar Inc-i.-.--—-—-,_1 O'okiep Copper Co Ltd Amer shares . 10s Overseas Securities— — —1 Oxford Electric Corp—__.— —1 class B common Ohio Power 4%% preferred— Okalta Oils Ltd , Ohio Brass Co ■ 3(4 133i 1 50c Company- Corp "3'T a 200 93 93(4 it 27 2 Tit 84% 2i7o 71% Jan Corp Seton Leather Water <fe Power. Sherman Products Inc—— Jan 22 May 26 Mar 22% 200 374 3% 400 3% 4% Feb Apr $4.75 dividend preferred, conv Parker Class' B Parkersfourg-Aetna Traffic Co Circle o_4 — Co Screw Governor Gold Pioneer Scale Mining Products , class A Prentice-Hall Inc Pressed East (The) Ltd Mines 86% Jan 98 Mar Jan 91% Apr 30 97% 96% 30 104% 104 30 85 2 Tb 29% 19.400 3 12% Co common Jan 91 Jan 2% 31% May. 98% 7b 5,000 8% Jan .Jan 0(1 5% Apr 500 14% May 15(4 15 Vb 1574 600 14 9(4 9(b 9(4 1,700 8 1,600 7% Jan 3 9 9 13% May 1% Feb % Feb Jan 4% Jan 62% Jan 6% 3% Apr ( 5% 15% Apr May 148 \h Jan 17,300 3Tb Feb 114 57 9 Apr Feb Jan 4 57b 3(4 Jan 16% 23,900 Jan ' 16% May Jan 15% 10% May 10 Vb Jan Mar 6% Jan 7 4% Feb 4% Mar ■--4 200 55 55% 600 53% Mar 19% 18(4 Feb 4 4% 19:% 100 9 rv ur 1% 2% 4fi,3C0 6 5:% 6 * - May 20 2% Mar 6% 5% Feb 7% Mar 6(4 6% 6(4 3(4 3 % 3(4 1.800 10 % 10(6 1,600 12% 13 3 b 4,200 1,7, Kb 1% 7,600 94% 94: (4 94% 200 1' ■ 7 (it 300 6 "2 6(4 24% 100 24 (b Jan Feb 5% Mar 700 127 b 1(4 58% 2,400 100 Jan 2 Mar 9 10% Mar 1% Feb 90(4 Feb Jan 6 5% Jan Jan 23(4 Apr Apr 3% Fab 14 13% May Jan liS May 97 7% May 7% Mar Apr 25 1 1 (b Kb 800 1% Jan 2 Jan 4% 4% 4% 700 4% Mar 6 Jan 22 (4 22% 700 9(4 9Tu 9% 2,100 5 47b, 2,100 900 18 !> 18' 9, 22 % May Feb 8 Jan 57 Mar 4 51% Feb 18 18 25 79 (b 79 (b 16% Jan 16,800 7Tb 8% 8,700 6% Jan 15 (a 14 (2 15 (b 11 11 I , ~97b (b 9 100 3 5 Jan 2378 9% May May 80 6(4 Apr 57% May 21 Apr % Apr 9 h Apr (4 Feb I iV 8(4 1,100 14% Apr 161/2 100 10% Apr 12 9% May 86 86(4 50 85(2 15(4 16 Vb 900 14 (2 18(a 100 18 lb 9% Jan Jan Apr 16% Jan Pile Concrete Raymond 1 20 1 1 Reda Pump Co Reis (Robert) & Electric Reliance Remington Arms Engineering & Co Inc 50c 15 Mining Co Argentine Ridgeway Corp Rio Grande Vtc Gas Valley Rochester Gas & Elec 4% Rokeach Rolls (I) Royce American Rome Cable Corp Field Roosevelt Raceway Ross (J Roxbury Royalite Russeks Russell Ryan Ryan O) £1 5 Inc 1.5C . Inc — 1 1 * 1.25 1 Engineering Corp Company Oil Co Ltd Carpet Fifth Ave (The F C) common.. Company Aeronautical Co Consolidated Petroleum Ryerson & For j. Haynes common footnotes see page 35. 3 Corp.; — Manufacturing common.—. Soss Corp common South Coast Oil Co South Penn 5% common preferred original — Specialty Stores Co Inc Spencer shoe Corp— Stahl-Meyer Inc. Standard Dredging Corp common $1.60 convertible preferredFactors Corp.— Standard Forgings Corp Industries Inc.— Standard Standard Standard Oil (Ky)— Standard Packaging Corp., Convertible preferred 1 1 1 Products Standard Co—L 4 700 3 Feb 4% Mar % Mar % Jan U May l('a Jan Feb 3% Apr 10% Jan 16% Apr Jan 33% Apr 35,200 % 4 1 a J <i 2,100 3% 1,600 13% 400 27a Uranium Stanrock Starrett Mines Corp (The) Stetson Stinnes Stop & Stroock x9(4 900 Ray Drug common.—. Sunrise Supermarkets Corp Feb 12 8% May Jan 19% 1.700 13% Feb 19% May 40% 3.500 35% Feb 40% May 53 53 20 49% Feb 23 24% 23% Apr Feb 26% Jan 46% May 38% 300 43 (4 43 43(4 55% May 23 700 '42% 43 % May Jan Jan 23(4 Jan May 23% Mar '.'r '-r — 4% 4% 4ib 12% 12% 1,500 13% 12% 14% 1,300 70% x71% x71% 1% 1% "i (4 1(4 6% 6% - "5% "5% — 20% 20% 1% 17a • 57 11% ... 1174 12 9,100 39 650 17 513b 19 Apr Jan 19 May 4(4 Mar 300 6% Feb 4% 4,800 3% Feb ' 167 b 16% 100 14 — 14% 7 Jan 16 55,700 Apr May 76 % Apr 10% Jan 15 >4 May Feb 374 Feb Feb 22 (4 May 31 % Jan 12% 3% Apr 5 isa Mar 57b Feb 2,200 2% 2% 6% May 10 57b May 6274 .125 , ' — 3 % May 14,100 5 76 Feb Jan 16% 3,400 9% 74 Jan '12% Apr 57b 474 4% Apr '58 (4 Mav May 3% 75% ? 39 5% iV Feb 1% 18 13% 9 4 \ Feb 35(4 Jan 2,100 3,700 17Tb 1834 ; 17 19 Apr 1074 -> Feb 6 2 Is.b Feb 1% Jan 6(4 Mar 24% 57b May V Jan 4% - Apr 18% 2.300 387b 58 Jan 6% May Jan 5% Jane -12,800 58 1% 23% i-"'' 1,600 207b 1% - - Jan - 3% Jan 3% 1,000 5% 57 b Jan 75 ■ Apr - 5% 700 57b Jan 14% May 174 Jan J.1. '■* —' 57b •13% 1% Mar - 2,900 " 5% 64 300 6% Apr ; 8% Jan 500 1(4'. ■ .20 12:% ; 200 " Mar 4 300 127a 1 -24% May 21 1 .1 1 >0c —50c May 21 ' ■ .. -1 x20 800 21 X20 X20 'II .1 Apr 2% 13% 23 23% 300 37% 37% 39% 11.000 29(4 Jan 407b May 18% 3,050 17 (4 Apr 20(4 Jan 14%" 2,6c0 Jan 4,100 13% May 2% May 14% :' 374 Jan 10% Jan 13 Feb 11% Apr 14 Jan 18% 18% 14% 13(4 ——1 ;__25c 2% 2% 3 12% 12% 100 12% 1 ___l 12% 600 4% 7.600 3 % Mar 4(4 Mav 3,100 5% 77b 4% Superior Tool & Die Co 1 6% 6% 6% Talon | 5 Petrol Corp Jan 3 % Mav 19 4 Sunset International 39% Jan 39(4 ...» Sun Feb Jan 7% 19% .5' —5 Corporation..—____.... Stylon 8,200 « & Co common (St X7% 8% * Sterling Sterling 6% May 39% common.__.__.——* Aluminum Products common..5 Brewers Inc. ; 1 Precision Corp (Del) ...10c (J Bt common —* (Hugo) Corp 5 Shop Inc . —.——j—1 Sterling 3% 5% (4 x7 x9 (4 Co & (A) Jan Jan 5% May 36 1 5 .1 :—„ 1 Steel Parts Corporation.. Jan 44% May 3% 2,800 6 574 ~77« Steel Co of Canada ordinaryStein 12 3% 6% 1 _1 Ltd——1 1 1 Standard Tube class B Inc class B Electric Technicolor 18% May Co Inc 16 Co Light $4.56 pfd. Calgary Shovel Co common Chemical 21(4 200 21% Mar 24% Apr 43 Jan 1% Jan 14 33% 33% 34 1 1 ...25c * 5 1 6(4 6V4 6 27 b 1% Corp Markets 22% Tit Tb 800 1(2 1% 21,500 900 46T'a 46 47 13 = 8 13% 14 (b 3.700 5% 17,000 2ft 5,800 Jan Apr A Mar 1 36 Feb 48% May 11% Jan 16% Apr 6% May 4% May 1 (4 4 47% 4,600 May 2% Mar May 5% 28% Mar 2% May 2% 2% 80% 80% 60 80 May 2 lb 2(4 1,600 2 Feb 1,900 Jan 47% May 3 87 Jan Feb 2% Jan 15% 28 % 87 900 it 2,300 54 34 9.100 26 Feb Mar 8% May 39 Jan 26 26 3 a 2C0 20% 13 Tb 14% 500 13% May 18% 19% 9,400 16% Feb J an Apr Amer 12% 29 May 14 % May Jan 4% 3% Jan 2% 4,400 67 9,500 1% 2 9,400 2 9 . 20% 1 . • 22% 1.25 1 Empire Oils Ltd Trans Lux Trans Corp Tri-Continental Temper warrants 1,000 14 (b May 34(4 8% Jan Feb 2% Jan 1% 23 _ Feb May 40(4 Jan ITa May Feb 45(4 Jan 70% Mav Mar 3 974 2174 500 21% 25 13% Mar 157b Mar 437u May 9 Feb 1,500 21% Feb Feb 1% Jan 2,300 116% 141 141 ljj Jan 99 900 _ . 14% 43% A 93% May 35 Feb 500 200 14 lb Apr 6(4 May 19 ('2. Jan 9% 207 b 42% 43 79 Feb 6 Jan Jan Mar h 1% 141 3.900 3% May 5% Feb Feb MayJan 43b 3T4 4% 83% 83(4 83't 25 x84% May 91% Apr 2% 2,900 2% Mar 2% Jan 27a 27b 1074 10 ('2 10% 700 2% ~2% 2% 700 2% 2% 18,100 8% Jan 1274 Apr 2 Mar 4% Jan 2% Apr 3% Jan 31 i May 3U 3ft. 3 IS 45,400 ■2% Feb 5 5 5% 2,200 3% Jan 5% Mar 18% 20 5a 67,100 11 Jan 20% May 3814 38(4 3,100 35% Feb 39% May 5% 5% 1,600 9% 9% 100 19% * Corp Feb Feb 6,4 £1 5s Todd Shipyard Corp common i.20 Toklan Oil Corp 70c Toledo Edison 4(4% preferred——100 Tonopah Mining of Nevada 1 Trans Caribbean Airways class A—_10c Trans Cont Industries Inc 1 Trans Cuba Oil Co class A 50c ■ Jan u 5 * 4 Union Stock Yards of Omaha —20 United Aircraft Products common__50c United Asbestos Corp 1 United Cuban Oil Inc — 10c Unexcelled % 1,600 32 Feb 43% May 4% 700 4 Jan 5% May United 4% 4% 600 4% Mar Jan United 5% Chemical Gas Co Elastic Milk of Corp Products common 4 5 9(4 6% 7 May 7 Jan Jan 90 May Feb 9(4 Jan Mar 874 22 2474 Jan Feb 6% Apr 6(4 6% 5,200 5% 7 7 In 6,100 5% Mar 74 May % 13 11,600 37(4 ,— 5 66 Corp— Canada Union Investment Co Union 4% 41 6134 Jan 54% May 20% 2% May 25 65 9% 14Tb May 11% 31,700 95% 36 deposit rets def registered Jan Jan 3 13 95% deposit rets ord registered Amer 29,100 35 10 25c 1 1 8,100 12% Feb 28% 15% Feb 29% Mar 1,700 4 ... Roofing Inc Realty & Construction.. Tobacco Security Trust Co Ltd— 2,600 % 2% 13 % 1,300 35% 10c : Inc Inc 2C0 14% 13(4 7 Thriftimart Apr 14% 14 common common.. Corporation...-. Oil Texam 14% 5 A common common. Tampa Jan 22 % 4% May 68% May X121 b .1 Apr 2% May 65 Jan 3 574 51% 39% 23 Feb 46 13% Corp. Thorofare 2% Apr 42% 225 29 10 i 10 .1 ....—__—1 Thompson-Starrett Co Inc 70c convertible preferred— 39% Mar — .5 Standard Shares Inc common. Standard-Thomson 20 4% 2 5.600 7a — .10 ———10 .1 —1 Feb 3% Feb 67 3% _1 Tishman - 1% 60% % 3% —25 Tilo a Feb 24(4 May Feb 19 Jan 41% 59 ""% -5 :—5 .....; Spear & Company.— Jan 19 7 101% Mar 9,000 3% _1 Royalty Co.. Southland 21% —. 127% Feb 60 1 —.1 —1 12.50 Southern Pipe Line 13 % May ' Feb Jan 109(4 20% Southern Materials Co Apr —— 5(4 Mar 1% 1% 60% .2 Petroleum Corp._2 .2 Inc 2 Southern California Jan (4 Feb 99% May 4% May 300 24 24 "l% convertible preference—.—25 convertible preference.. 25 cumulative preferred—25 4.24% cumulative preferred 25 4.08% cumulative preferred, 25 26% 8% Jan 8% Feb 41% 4.32% 24% May 47 400 29 Jan 6% May 84 92 4.48% 13% 2774 3.600 4.56 % 18% 8% x5% 123(4 124% 123% cumulative preferred—_—25 4.88% x9% Feb 52 4% Edison— California Southern 38% 28% 400 x5(« * ..— Sonotone True common Roosevelt Paper Mills (Howard) 200 2 (4 997b ■ —5 Inc Airways Smith 600 100 1 pfd F Sons Inc & Ltd— dep rets ord reg 2.400 95% 26% 99% 65,600 600 2Tb 2,800 "7% ~5% ~6% 12 (a 1 1965 12 6% 107-4 10% "l May 5% 450 Co— to Jan 3 extended 6% May 12% May 36(4 Feb 700 (3 14 Feb 9% Mar 9,700 25 46 Feb 4% a Jan 44% 20 47 11(4 1,600 Jan 4374 49 1% 100 6% Feb " 43% 12 (b 1 12 % 2(4 10(4 Manufacturing Co 20 Singer Manufacturing Co Ltd— Amer dep rets ord registered £1 Skiatron Electronics & Telev Corp—10c 20 : 2 6' Singer 14 5., 1%. 1%, May 21% 12(4 5%: 6.700 12% Mav 13 (b 1 1% 1% 17% Jan Jan May Apr 24 lb "vy 9 13(4 Mar Jan Thiokol :__L Corp Petroleums Ltd Richwell 50c 5 1 Corp.. Industrial Republic Rico Co Oil Reiter-Foster 2,700 10% Thew common Reading Tube Corp common $1.25 convertible preferred 3,200 18% Texas 24% 14% ~9'4 1.500 47% _1 10 Rapid Electrotype (The) Co Rath Packing Co common 13% X9 Jan 2.300 93% Feb .• j. May 3% % Texas Power & Co Power 22 Feb 12% * 1 „* Pattern common Ltd common.....; 17% Q Quebec Jan Feb 2 "0 20% Class 15(4 10 16% Apr 900 x7% May 1,400 Jan V 9% Colorado— cumulative preferred Puget Sound Pulp & Timber com 108 93 374 * 1 4(4Vo May 84 (4 May 104 ; " 23 98 3 99% Mar 52,000 31% 12 92% Jan 15%" ^—* ; Public Service of Pyle-National 290 12(4 ————1 — 1 Company Gas Providence 88 98 * 2.50 ^_10c —1 common—- Dome Progress Mfg Co Inc Prophet 86 (b 31% 2.50 of America Metals Preston Jan —_20c common & Lambert Co Pratt Jan 23(4 ~2% 1 . of Canada common.— Royalties Ltd Oil Prairie 24 21% May 1 84(4 ———25c Co Alexander Corp 21% May 400 ..10 Porto Rico Telephone Co Power 700 21(4 104 50 * 1 — common Poloron & 22 21 % 96 Tu 1 I 1 . Ltd Mines Polaris Powdrell 20 3 84. —J' 10c — . common Pittsburgh & Lake Erie Pittsburgh Railways Co— Pleasant Valley Wine Co. Pneumatic 23(4 Jan 21 (it 2.50 .—1 -10 pesos Piasecki Aircraft Corp...—-— Pierce Jan (Mass)—20 Corp Packing Co__ Phillips 27(4 26% 1 Philippine Long Dist Tel Co Phillips 24% May 23(4 Jan 87 % 2 2.50 —— & Minerals Oils 100 300 23(4 ——.——2 _ 1 Pepperell Manufacturing Co Perfect 24 (b 27 ' —— (The)— Peruvian Jan lit Corp Patino of Canada Ltd Pep Boys Jan 27(4 3°/4 , ., Penn 24% May 24(4 May 28% 1,200 —1—-lc Company Co Pen 600 24% 1 1 class A———-2 Chemical Park 25 (b 24(4 shares—1 Bol 1— vtc 26(4 May 25" 20(4 Page-Hersey Tubes commonl * Pancoastal Petroleum (C A) vtc—2 Bol Israel Oil 500 30% 24 % Airlines—, 1 Ltd——— 1 Pacific Power & Light 5% pfd——100 Pentepec Oil <C A) Amer Paramount Motors Corp- Jan 30 26(4 Petroleums Pan Jan 25 Northern Pacific 32% 24(4 preferred———_* $4.36 dividend Pacific 30(4 May 30 30(4' * * * * $4.50 preferred— $4.40 dividend cum preferred $4.75 dividend preferred— 2.100 3.500 48,600 19% Simpson's 92 7% 19 3 4 14(4 May Feb Jan 3% Simnions-Boardman Simplicity 11% May Jan 21% 1% — Jan 80 Apr 1% 9 Jan 7% B Jan 100 19(4 7(4 Feb 1% 2 Silex Co common ——1 Silver Creek Precision Corp— 10c Silver-Miller Mines Ltd... .1 Silvray Lighting Inc J .25c Simea American Shares.. 5,000 fr $3 20% Mar lfe Jan 18(4 3(4 14% —2 Publications— convertible preferred Jan 2174 Mar 21 % x!) 3 10c * Ltd.——— Breweries 11% Jan May 19 33a —6 America common Siboney-Caribbean Petroleum Co of Corp 5% 1,050 100 ' •. Jan 19 (4 May 7%. 25 100 Sherwin-Williams common— 4% preferred Sherwin-Williams of Canada Slick Pacific Lighting Mining Shawinigan 3% 11% 22% 13(4 1st pfd—25 5%% 1st preferred—— 25 51st preferred ——25 5% redeemable 1st preferred. :—25 5% redeemable 1st pfd series A_—25 4.80% redeemable 1st preferred25 4.50 % redeemable 1st preferred—25 4.36','o redeemable 1st preferred .25 common. Denn Apr 85% ll3/a X83 15.300 7% Feb 21 (a * 10c ^1 1 20e * 5 * —_1 of America Servomechanism's Inc— Servo Sicks 1 A 7 (a 1% 7% 1 Sentry Safety Control Serrick Corp class B Shoe 1 % May 8(4 100 300 197b 17% May —1 50c 1 common Securities Corp General. Seem an Bros Inc.. 3% May 2% Pacific Gas & Electric 6'« Co Scurry-Rainbow Oil Co Ltd— Seaboard Western Airlines Shattuck 9% 19% : Sapphire Petroleums Ltd — 1 Savoy Oil Ine (Del)——— 25c Say re & Fisher Brick Co. Name ehgd to Sayre & Fisher Co (effective May 24 > Sayre & Fisher Co... 1 Scullin 9% 19% series.20 series_20 preferred 4%% Cumulative Signal Oil & Gas Co class A o Oil Oceanic — Gas Cumulative preferred 4.40% Class Ogden Inc Salem-Brosius Diego 1 s/« 2 1.900 Carlos 16 Jan 5.500 19% San 37 % 87(4 17% 18 la San l(b 1 16% 18 (b Corp Ltd common. Lawrence Jan 1% Jan 15(4 1% 16% 12.50 2.50 Milling Co .Ltd——. —8 3 & Electric Co— Cumulative preferred 5% series 20 St fe Jail 2(4 36(4 13 511 Railway " Cement class A—10 Warrants 137(4 May Feb Apr 1(4 Feb ~ * B- Nuclear Jan % 1(4 1 '4 Southern Class 131% 150 2 1 Inc.—, North American 1 Cs *' - • ,. 15 7 b Norbute Corporation—,————-50c Noreen-Ketay Corp10c Norfolk 1.840 4,100 l(b 136% 137(4 High • 1 % Rim Lites 2 Range Since Jan. 1 Low High 16 a 36 3•) Honduras Rosario———10 Merchandise — 10 Mines Ltd 1 Nipissing Mines 1 Noma 4,100 -/ii York Nickel 2 J7,, 1% New York & New 213 2 lir 137(4 1 Mining Co— Process Co common— Superior Oils,. York Auction Co common Park New 2H Apr 2fo 22,600 2% —* oOc 25®, —1 -20c Co Jersey Zinc—— Mexico & Arizona Mar Shares 3i'o May 2% 40c 50 c 100 l for Week Low Par Jan iS % Apr 118 Feb 6,000 Range of Prices Last Sale Price American Stock Exchange High Low ii Sales Week's Friday stocks 1 Range Since Jan. High % U Oil Ltd— New Chamberlain Petroleum New England Tel & TelNew Haven Clock <fc Watch Co 50c convertible preferred New Shares ended may 31 for Week of Prices Low Par Bristol Oils Ltd British Dominion New range for week Range Last stocks Sales Week's Friday 37 % 600 • Feb 30 4 % Feb 7% May 17 b Jan 3974 May 5 Jan Volume Number 5643 185 . . The Commercial and Financial Chronicle . (2587) AMERICAN STOCK EXCHANGE RANGE I: Friday STOCKS Last American Stock Exchange Molasses Amer United N United RR J Profit 10% & ._10s Canal Sharing 25 common U S U Specialties Air . S S 1% 1V4 Mar 174 Jan 1474 Jan 41 33% 33 % 110 14Va 15V4 3,000 1'4 42% 6,300 40% States Vitamin Corp Corp 1 34 Jan 4112 4314 2,600 4% 414 41'a 900 8% 15,300 214 600 8% 814 25c 214 214 10 57% 57% 58 . Insurance 37 Apr 2 1 Marion 17,600 4212 Corp___ 4574 Feb Jan 2774 3 (4 74 Mar 4 74 Feb 1% Feb 4374 May 9 74 Jan 674 15 2 Jan May May Apr 59% May Feb — .$4 Van Norman Venezuelan Sinking fund Rio de •No f 3174 Mar (not dividend. 28% 5,100 20ya Jan 4% Apr 4% 4% 5 81 * 46 warrants Petroleum— ._1 4% Mar 10 800 3% X80 674 Jan 83 Jan 35% Feb 400 2% 474 115 % 4,600 5% • 12% 12% 5% 12% 1 5% 5% 5 6 y In year's Ex-rights, z — June-Dec „ g Ex-stock IFriday's bid (not 3 55% % 51% $39 in for dividend. no sales * Jan 7% Jan 13% Jan 100 11(4 Feb 600 5% Feb 774 Jan Stock and Bond 674 Jan Wagner Baking voting ctfs ext 7 % i preferred 100 Waitt & Bond Inc_— Watch Co series Below listed are 4 Apr 40 99 Apr 2% 27% 1% Averages -Bonds- 5 Amer dep rets Tablet ord & 17 Jan May 27 32 74 Jan May 274 Apr May 29 1% 25,600 1(4 Feb 174 Jan May 270 13074 Feb 19% Mar 100 2% 2,700 2% 2 % 100 _5% 5% Stores (R 54 Jan 68 35 Feb 47 74 May Mon. 26% 25 26% 100 23% Jan 2974 Jan Tues. 32'/a 38 Jan Wed. "l% "l% Apr 10c "l% 13,200 1% Apr 3 Jan 1 9% 9% 9 % 400 10 Jan Fri. Pwr 4 pfd Wood Newspaper Woodley 4% 10 74 Mar 12% 6% pieference Wright Hargreaves 7 7% 100 3% 3 Ja 1,700 2% Feb 10% 100 1474 Jan 1774 Apr 9674 Feb 39 % Feb 13% 14% 25 0 17% 16% 17% 8 75% common 75 5s — Zapata Petroleum Corp lift* 1% Interest Exchange 101 May 4374 , Steel 6s Aug 2%s 1970 A mortgage 4s series A Sale Price -May-Nov A 1st mortgage 4s series B 1993--——May Finland Residential Mtge Bank 5s 1961. Mar-Sept Flying Tiger Line 574s Apr Guantanamo 1967—Jan-July Western RR 4s 1970Jan-July Realization Trust 674% liq tr ctfs— & Altalian Power Midland Valley National Research 5s RR convertible 4% Feb -1957- May 24, 57 T{j ; Jan 23 Composite Manufacturing Durable May Week's Range or Bonds High 93 Range Since Sold Jan. 1 No. 55 6174 93 91% England Power 3 74s 1961— Nippon Electric Power Co Ltd— 674s due 1953 extended to 1963_; Jan-July —May-Nov 123% 86 Goods 2 - 80 79 % 6 1 74 Service Harbor Electric Water & Gas Power Southern California 3%s 3s series series A B Co Corp 5s 3s, conv Edison 3s 1973 274s series C '62—Jan-July 1965 1976- series 3s E series 3%s series 2 1979 G 1981 Southern California Southern Counties Gas Gas 374s 1970 (Calif.) 3s Southwestern Gas & Electric 3%s United Dye & Chemical 6s 1973 Wasatch Corp deb 6s ser Washington Water Power Webb & Knapp 109 102 Inc 5s 163.0 r 59 53% 55 74 90% 9174 89 16 1 9074 94 86 90 A 3 debs 1971 1970 1963 74s 10874 111 20 96% 1 97 114 96 . 93 12 ■ *— 9274 82 96% 93 118 120 118 16 951% 86 No. + 0.2 290.1 +1-8 387.2 Railroad of 93% *80 88 Feb-Aug Feb-Aug Feb-Aug ApriZ-Oct April-Oct *80 92% $90 3 14 ' Foreign Bonds 2,288,650 $3,753,000 Tues. May 28 2,070,672 4,201,000 May 29—u- 2,269,907 4,258,000 157,000 May 30 Fri, May31___ 2,047,220 95 *80 ——' 88 8,676,449 $15,392,000 Stocks—No. of / $1,000 3,452,000 $776,000 — $1,000 $16,169,000 International 1957 1956 8,679,422 1 Bank —— Central Bk of AGs series A 6s series ADanzig German 80 82 88 $834,000 19,418,050 15,392,000 14,323,000 404,677,390 23,513,030 445,8 1,900 $16,169,000 Industrial $15,162,000 $424,221,350 $469,650,900 — 96 Total 9174 2mm• 90% 9374 93 93% 7 93 99 92 92 6 89% 97 89 89 90 6 89 91 88 V2 93 65 74 77 *80 88 *85 10274 . mm 91% *65 70 „ 102 % 102% 27 100 % 2 94% 6 73 Daily, Weekly and Yearly 98(4 75% Transactions at the American Stock Exchange 104% 96% 75% 77 *94 —— *94 Last Sale Price A B Port AO- -man AS f secured Jan-July State & 1952 Prov ' • —— 98 101% 92, Stocks 101% Mon. May 27— — ,___ Domestic Foreign Government Corporate Bonds Bonds Bonds 860,305 $37,000 or Friday's Bid & As^ed ; 7r 6s $17674 190 Feb-Aug . 6%s |947 1947 1952 787,275 32,000 998,365 Fri. May 31 Sold No. $102 J-> -./"/u 158 140 140 $13^030 61,000 2,000 25,000 50,000 915,750 39,000 5,000 5,000 49,000 $131,000 $37,000 $43,000 $211,000 Jan. 1 Low Week Ended May 31 1956 High 1957 Stocks—No. _ —- 3,561,695 Range Since 105 110 $2474 p„b-A'ig 1——1—June-Dec 16,030 •—Holidav — Total Bonds $14,000 23,000 May 30 Total Bonds $51,000 of Shares Jan. 1 to May 31 1957 1956 3,531,695 3,024,490 92,900,359 105,834,362 $131,000 $127,000 Bonds $133 April-Oof Waterways Nigh May 28 May 29 Thurs. Week's Range Foreign (No. of Shares) 102 V4 Banks- 1951 & oo 776,000 and 8 8 74 92 Friday 1951 262,742,756 $71,000 97% 90% Low 7s 222,255,890 ' $1,000 Foreign 83 74 Jan. 1 to May 31 1057 1956 8,676,449 Shares— Government— 9774 Foreign Governments and Municipalities (Germany) 4,415,000 ______ T"es. ' A Baden ______ 271,000 J3 OTl ds S. 89 96% Period . Sales — Week Ended May 31 -r': 91% mrnrnm : 3,180,000 Bond • $3,912,000 4,390,000 ______; Holiday :v; Railroad . Bonds 189,000 Wed. Total Government $159,000 Wed. Exchange 274.8 340.5 United States Bank Bonds Bonds May 27 80 90 Interest Kv; " Exchange Int'l and Miscel. Mon. U. ■ 89 92% June-Aug Feb-Aup BONDS American Stock 156.2 163.3 286.4 380.3 Stocks 136 *80 June-Dec Penn Traction 5s 1960 Western Newspaper Union 6s 1959 0.2 2E7.0 Shares 88 91 91 June-Dec 1964 1974 West 286.1 Daily, Weekly and Yearly 98% 91 $87 Jan-July Feb-Aug Feb-Aug Jan-July 427.1 •; 317.5 ' 102% *87 89 382.7 422.9 484.1 0.7 98% 100 *95% 100 118 r405.7 : " High. 117 Jan-July Feb-Aug _—Feb-Aug . 1978 F •+ —1.5 387.2* Service 98 *88 Mar-Sept — 1976 3s —l.l 480.6 289.8 V 163.3* ; and 5874 95 92% 1981—Mav-Nov deb 1973— 374s series D 422.9 484.1* 295.4 Total ——Jan-July 6s 1998—Jan-July —_—,___— Sapphire Petroleums Ltd 418.2 Goods ■■_ 66 54 98 96% 1st mortgage 3%s 1968 April-Ocf mortgage 3s 1971 April-Oct Pennsylvania Water & Power 374s 1964—June-Dec Safe 61 % 54 $9974 103 Power 3%s 1970 62 $96 89 —Jan-July 322.5 •!+ 452.9 —0.1 86 % $56 1st Public 452.9 Transactions at the New York Stock 90% $108 10874 < : 353.9 97% 121 Va 86 54 91 + 5774 79 74 23 Low High —0.1 • Utility Trade, Finance Mining V-i—- High 52 Change ! 353.9 452.5 __ Non-Durable ♦New Low May 17, '57 :/■"/ 353.7 ; — Friday's Bid & Asked 86 —April-Oct 1976 3 78.87 Jan 23 (1939=100): Thurs. 1963 debentures New Ohio Low 1957, for composite and? by major industry 513 May Corp— subord 94.00 Aug compared with the preceding week and with highs and lows for the Feb $127(4 130 debs conv 92.16 Feb $52(4 Jan-July 1993—. 31 13 Range for ID5<> High SEG Index of Stock Prices ■ 1st Averages 85.25 Feo 91.81 69% -1* ~1A June-Dec Transit Authority 3%s 1378 Delaware Lack & Western RR— Lackawanna of N J Division— May Low Holiday 3,500 15% Mar June-Dec Chicago May 29 May 30_ groups 6,300 Quar-Feb 1970 — for 1957 92.58 May 17 Range High 91.68 current year are as follows 2,500 June-Dec 1998 1 series Holiday 92.36 17% Apr 79% Jan Feb 1% Last Period Pump 4s inc debs 1994 Edison Holiday 16% Low Bethlehem 89.08 —— 15% Mar 20% 19 Friday Boston 89.08 88.00 looo ' 77 "1% " 19 BONDS Appalachian Elec Power 374s 88.10 88.26 The SEC index of stock prices based on the closing prices of the common stocks for the week ended May 24, Transportation Amer Steel & 88.07 88.26 88.76 1174 Jan --!"%:?. arr • A 88.29 88.76 91.28 28— 8% Mar £1 — Stock 88.83 91.28 Closing May 4% Jan 16%' 3% 14% Ltd American 91.33 175.13 May 27 2674 Mar 2 (F W) Ltd— dep rets ord reg Amer : 89.13 174.37 174.02 74.13 Jan 19% Apr 574 Jan Woolworth . 89.24 Jan 400 7,300 —1 Inc Petroleum 3% Apr 100 11% 21% * Machine Industries 3% 40 88.07 •< 23% Jan 11 (a 100 (John) Industries Ltd Wood Woodall "3(2 88.17 74.20 Date— Feb 20% 1 %% May May Jan 11% 25 & Lt 9 74 21 1 common Feb 21 5 nreferred Wisconsin 74 25 .1 88.97 74.04 Thurs. 10 91.73 Compiled by National Quotation Bureau, Inc. 150 2,300 Total Bonds (35 Stocks) 350 Industries 175.67 Over-the-Counier Industrial Stock 46 % common— ities 145.04 13974 May 61% & Co C) Brothers Jan % preferred Rails 774 Jan 59% r Rails trials Util¬ 145.64 502.18 43% - 5% _ . ¥ Mar 5% Mar 1 Williams-McWilliams Williams 200 r 1 10 Grade Jan 374 91 Jan 499.21 74.36 Second Grade Apr 2% 1% May _ _ 10 - 145.86 , Indus¬ Stocks 10 First 145.10 _ __ % Wichita River Oil Corp— Wickes (The) Corp Wilson 504.02 45% . Inc conv ities 10 Apr 2074 Jan 12674 Jan * com Eagle Internat Oil Co 5 (4/0 274 86 V2 Is roads 30 138% 19% 65 Util¬ 28 Jan 144 Total Rail¬ 20 Stationery Coal— Weyenberg Shoe Mfg White .___ Feb 2% 2% * Westmoreland Inc White 24 Feb 100 shares May 174 19% __ 1 pfd Jan 2574 1% 136 1.25 — 3% 4,600 Western Maryland Ry 7% 1st pfd—100 Western Stockholders Invest Ltd— Western 274 Mar 15 trials Date Jan 1,400 28 1% 138% — Manufacturing 104 20 Indus¬ 474 Jan 1% 27 1% * Webster Investors Inc (Del) Weiman & Company Inc Westmoreland 300 ■ daily closing averages of representative stocks and bonds York Stock Exchange as compiled by Dow, Jones & Co.: 30 1 99 // the the New on 15% 1 10c West Texas Utilities 4.40% Western Leaseholds Ltd 200 2% —1 __ common preference— Went worth 4% 30 Webb <fe Knapp Inc 66 374 Jan 99 1 $2 cumulative preferred— Wallace & Tiernan Inc_ Waltham 99 400 4 * 4% ■ Abbreviations used above—"cod," certificates of deposit; "cons," consolidated? "cum,";cumula¬ tive; "conv," convertible; "M," mortgage; "n-v" non-voting stock; "vtc," voting-trust certixicates; "w i," when issued; "w w," with warrants; "x w," without warrants. May 6 Apr 4% ■.C'- ' -Stocks- Co . being transacted during the current week. 10 Aircraft 40 range), // prices; §Reported in receivership. w Waco 53 52% 39 — year's 101% 49% 27 40 included 73 99% 53 „ . and asked • d Ex-interest, h Ex-principal, n Under-the-rule transaction cash (not included in year's range), x Ex- dividend, r Transaction 99% 50% — delivery transaction range.) ABonds being traded flat 51 54 v- 73 — 9974 $53 — Jan-July 2s 2012—Jan-July Ex-liquidating 54 Jan 129 Apr 4(4 Jan 1,500 ~4% 5% 6% Jan included 7^14 ~~ — $72 April-Oet M&r-Sept A) goy. — $72 1972 Deferred a $53 — 2008 distribution, 52 ~~ $73 74 __ May-Nov High 52 5074 Apr Mar 6(4 ~ 1 2 Corp 300 47 3% '■ Corporation Virginia Iron Coal & Coke Co_ Vogt Manufacturing ; 4% 81 , 46 value, par Ex-liquidating Low 49 — 5s (Plan Jan. 1 No. ,• 1947 1997 1 Range Since Sold $160 _- 274 s A) stmpd $45 „ Feb-Aug Mar-Sept May-Nou 1947 Denmark 3s Jan Janeiro 2074 May 28% May 574 Jan 1,400 of stamped (Plan (Republic of) — Peru Feb 1 Industries Bank 1927) 1927) Parana Jan preferred Steel Co Silver-Lead Mortgage 15% Vinco Vulcan Oct 2974 common convertible May of 16,500 V Valspar Corp of 2014 4% Feb-Aug — (issue 1914 4% Bonds High ;y'-, . (50% (issue 27 4% Friday's Bid & Asked Low Germany—• A7s 20 5 or Sale Price „ A7s 27% _ Week's Range Last Period redeemed) (Prov) 6%s 1949 ALima City (Peru) 6%s stamped 1958 Maranhao stamped (Plan A) 2%s 2008 Mortgage Bank of Bogota— 14 . (City of) 1939 _2 Corp Universal Products Co common Utah-Idaho Sugar Vanadium-Alloys 7s 2% 48 Friday Interest Exchange AHanover Feb 43% May Feb 4 200 Hanover 15(4 May 48,000 43 1 American Corp. Consolidated Oil Universal 1% 39% 50c common; Universal lVa \ Apr 32% May 10% Mar 1 Stores Jan IOV2 Mar 40% 1 Apr 208 100 15 10c 5 iff Ja'n — 33% Corp United Universal 1% 40% 1 B United Unitronics 5% May 200 __ — Reclaiming Co class Universal 1% • 25 common Conditioning Foil Rubber ' Stock — A 25 __ U — lo United Shoe Machinery common Preferred ; United __ American High v:.-„,,v • —100 preferred Low . . V ■ BONDS Range Since Jan. 1 High ./'/■■ ...V dep rets ord registered- MAY 31 ; Shares Low Ltd— Co ENDED for Week of Prices Sale Price FOR WEEK Sales Range Far - United Week's 28 134 Domestic 91 105 Foreign 21% 24(4 158 , 126 111(4 140 Total $6.18'', 000 98,000 901,000 3,p87.000 43,000 . $4,954,000 37,000 Foreign corporate 158 140 ^ government 31,000 784,000 710,000 $211,000 $256,000 $6,639,000 $10,780,090 35 Chronicle.... Monday, June 3, 1957 The Commercial and Financial 36 (2588) OUT- OF-TOWN MARKETS FOR WEEK RANGE ENDED MAY 31 4? Boston Stock Sale Trice American Anaconda Co 50 25 100 Providence RR & & Hecla Calumet Service Cities 4%% 6% Ry St Mass Coal Creek Feb 49% 50 % 892 86 49% 73% 54 Jan 86 12 Apr 14% Mar 70 % 783/4 May 81% Mar 57 67% Feb 52 Jan 59 59 15 * * -5 1 48 49 105 47% Mar 56% 57% 149 54 May Feb 66% 40% 41% 350 Detroit Stock Exchange 67% May 403A May 1,901 46 % Mar 51 % 119 42% 52 % 102 % Feo 1283/4 |~ 75 32% Apr 35 % Jan 34% Feb Allen Electric .'•'•v ' - Stop & Shop (N J) Co Briggs 136% 137% 135 132 14% 15 4% 10 14% 4% 88 Mar Burroughs 4% May 91% Mar 3 Products Rubber ,—— Corp — 55% 535 423/8 Feb 20 % 207 20 Feb 223/8 — Continental Motors Jan 1 1 30 1 May 2% 50 8% May 10% 4 6'A 45 18% 18 '/2 350 62 64% 1,907 23% Ford Jan 36 Feb Feb 20'/a Co—_— Motor Mach Rubber Jan 473/4 Jan Apr 453/8 Feb Corp Co 44% 40 39% Feb 49 Jan Hoover 48% 49% 112 90 Refining & Mining Co—50 U S Smelt. 100 Vermont & Mass RR Co— 90 25 Waldorf System Inc — Westinghouse Electric Corp 1'3 3/8 71 29% Mar 44% 46% 1,880 40% 41 13% — 64 3/8 May Gar 61% -12.50 59% Jan 63% Jan SO 462 62% 27'A 333/8 May 483/4 May May 95 Feb Apr 14 12% 52'A Feb Friday Last Feb 62% May Kinsel Drug Sale Price Shares Kysor Parke 20 26% 26% 26% 8 American Laundry 223/4 223/4 23% 150 Baldwin Cincinnati Cincinnati Union 18 312 26% Jan 50 87% 87 87% 527 85% 4% 100 —12% * • „J. — — 42% common 57 573A 43 54 523/4 53% 36 45% "Jan 4 6'/a 48 13% 13%, 38% 38% Allied American Telephone & Telegraph Armco Steel Avco Dillon Scotten .— Packard Studebaker, 50 3/4 36'/a 1 Oil 15 40% Feb 46% May 183/B 50 17% Apr 24 Jan 14% 40 18 Jan 42 14% May 170% Jan 19 V2 19% 143 16% Feb Feb 3 6% 63/4 110 * 46% 46 46% 117 41% May 5 1 Manufacturing 46% 46% 63% 5% Jan Apr 200 l3/a Feb 1% 1,530 1% Jan 2% May 3'/a 100 3'4 Jan 3% 21% 21'/a 302 17% 24 24 550 24 | Mar 28 1% Feb 1% Apr 253/8 Jan 27% Apr 1% 500 26% 26% 1,453 6% 6'/2 210 6% May 2% 2% 115 2% 16 16 VB 1,500 22 22'A 510 173/4 21 % 21'A 215 21'A May 2% 2Va 2,875 52% 52% 334 3% 52% Apr 21 % Mar Feb May 1% 1% 3% 800 23/8 Jan .. 7% Jan 2% Feb Jan 17 VA Mar 14% Jan 23 Feb Apr Apr 21% May 3% Jan 42% Feb 5434 May 2'/a 3% May 29 29 100 26% Feb 31'a 15 15% 836 103/8 Feb 15% May 18% 19'/a 490 17% Mar 20 9% 9% 105 7 Feb 10 7'/a 7% 113 6% Feb 15% 19 % 15 3/8 240 Apr 13% Jan Apr 8' Apr 8 16 Feb Apr round-lot transactions only compilation of the Week's STOCKS 180% Mar Low 653A Jan 19% May 7% Jan 1 High Low 500 37% Feb 600 31% May 45% May 443% 3l3/8 3134 31% 95,200 % May 11% 11% 7% 300 10% Mar 10% 10% 200 8% 8% 400 41% 403A 42 % 2,050 26 Feb 16 16 100 16 May 343% 34% 35% 800 32'/a Mar 36'4 May 18% 18 18% 2,100 17% 24 23% 23% 300 21% Feb 41% 41 % 400 40 Feb 44 -12.50 x8434 86% 400 66% Feb. 86 Va May 10 7 5 39'A 39% 300 31% Feb 40 1,000 5% 5 -10 (expire June 5) ifir. —. „———.———-1 Corp Range Since Jan. High 45 Acme Steel Co Admiral Shares 44 % Abbott Laboratories Rights w i for Week of Prices v Last Sales Range Friday Sale Price 51% Apr 1% Midwest Stock Exchange A 39% May 33 4% 3% 16'/a Mar 443/4 56% Jan 433A May 2% Jan 44% Mar 13% May 14% 55% 10 Jan 1% ———---l Udylite Corporation Apr 178V2 179 % ] oo Apr 33/8 2% —10 1 10 common- Standard" Tube class B Jan 56% 18% 14% _5 —- 38% 150 4 %' 1 _—— Jan 60 443/4 * Airlines— Radiator Rudy Manufacturing 4,717 4% 42 Va ^ 5 Axle_ & 42% 6%' 7% 8% 6% May 7% 825 Jan 4 Jan Jan 423% 5 1 * — Spring Mar 47% 1,423 35 Mar Par Stores American Ashland — Mar 59 24 :—1 Stocks Unlisted American 87 Feb 40% 47 ♦ _ -U 9 Mar 80 5 Feb 20% 7% Feb 30 1 Printing S 43/4 Mar 53% 2 Gamble 90% Mar May W) (H Apr Jan 18% May 26% Mar 4% May 50 81 42% - Apr Feb 573/4 "IIIIIl Rapid 8% 8% 80 — • May 19 9 80 10 — Gibson Art U 8% i,—III100 Picher 19 19 __ Drug common Procter & 4% * Stockyards Preferred Kroger Apr 100 273A Transit Cincinnati Eagle Jan. 30 19% 27 Cincinnati Telephone Dow 24"% 18 2734 —- <Ss Gas — Co_ & Davis Rockwell 303/4 Electric corn- —8.50 Brewing Burger High Low 26% May 223A May 20 51% Apr 54'A 16 '/a Range Since Jan.1 High 41% May 44 —2 3 Champagnes & Refineries Apr Jan 363 6% Wines Jan 8% Jan 37% 800 S):————10 Heater —.————-•«— —1 Rickel Low Par 44 6 100 6,163 1,628 (S Kresge Co for Week of Prices 7% 41% 56'A * __— Mt Clemens Metal common— Sales Range Apr 17% Mar 49 % 19% 2% Manufacturing Hoskins Michigan Chemical common Motor Wheel common..; Exchange Week's 80% 16% May 45 '/a Mar 56% -10 Ball & Bearing LaSalle stocks Jan 648 19% Wood Industries Leonard Cincinnati Stock 64% 575 47% Jan 40'A 24"% Mar 950 1,733 17 44 44 467 32% 76% 56% 509 27 44% 46 40% * _25 5 26% 46% May 193% 1 —1.66% Goebel Brewing— 1 Graham Paige —• * Great Lakes Oil & Chemical 1 Hastings Manufacturing —_———-2 32% 26% * 5 Co Shoe United S Drill Fruit United U — Co Co Twist Union Feb 9% May 7% General Motors Corp Torrington 34 % 41% 41% -1 Trailer Fruehauf 49% May 17% 603/8 May 170 47% 3 -5 Ex-Cell-O Corp 45% Jan 548 74% Jan 21% Mar Jan 13% 393 9% 17 20 Edison Detroit Jan 9 150 16 VA 15% May 15% 46% 15'/a 75% -10 —* 1 — Consumers Power common 9 22 3% May 25 VA' Apr Feb 9'/a 25 Chrysler Corp — Consolidated Paper 55% May 20 % 22 22 110 24% 46% 15% 3:50 5 Manufacturing common High Low 2% Mar 224 3 243A Jan 52% 7 —. 16% Feb 86% May 5 88 Jan 137% Mar Jan 13% 1 Inc—— Oil Standard Baldwin 17 % 17 * * Webster Inc & Stone 13% May Apr DO 2 2.50 Association Shawmut Feb 5 Co Drug 12 16 50c Chemical. Pennsylvania RR Co Reece Folding Machine Co Rexall 210 13% 16%. 100 Mathieson Olin 17 136% -100 (N H) RR Range Since Jan. 1 High 3 1 2 --1 common Metal American Northern Shines Low Par 2,730 13% 20 100 Electric System New England Tel & Tel Co N Y, N H & Hart RR Norbute Corp : : England for Week Jan 3 5'/a Sales Range Last Jan 130 51 % —1 Narragansett Racing Assn New Week's of Prices Friday stocks Sale Price 112% 114% PONTIAC KALAMAZOO JACKSON ANN ARBOR 59% Mar Jan 523/8 65 % 66% -.50 * — 10 Corp WOodward 2-5525 39% May 79 Star Cement Corp DETROIT Ford Building May Feb 79 5 Exchange Jan 58 28% 25 12% Stock May Telephone: 12% Stock Exchange Jan May 49 68 common Midwest Exchange Stock Detroit 85% May 19 123 . Co Copper Kennecott Lone 57% 70% Gillette Co Island 322 __100 Co Electric General 65 3/8 American York Stock Exchange New Apr 179% May 39% Co Motor Jan 38% First Nat'l Stores Inc Ford 170% Co— 1st pfd class A cum 2,818 67 % Assoc pfd, cum Eastern Fuel & 110 5 10 10 100 Inc Co Gas Eastern 39% 31 % May 32% 63 % Members High Low 173% 179% 179% WAILING, LERCHEN & CO. Range Since Jan. 1 High 85% 25 100 Boston Shares 31% Sugar Refining newTel & Tel Boston Edison for Week Low Par American Sales Range of Prices Last stocks Exchange Week's Friday 7'/a 5 Akron Brass Mfg-——50c Alleghany Corp (Un) 1 Allied Laboratories * Advanced Aluminum Castings 10% 400 , 7'/a May ; 10'A May 5% Feb 38% Jan is May 14% Jan Feb 9% Mar 12 834 May 44 Va May — Steel Bethlehem 47% May 49% Apr 46% 50 45'/a Mar 11 % 12% 115 11% May 13% Jan Chesapeake & Ohio 25 62% 623% 95 59% 70 Jan Colgate 10 42% 423% 2 44% Apr American Airlines Jan American Boeing Air Burlington Mills Columbia Gas Columbus • Ohio So Dayton Du 16% Feb 29% 3 30% 30% 30 29% Apr 29% Mar 44% 10 40% 463% 48 7 Chemical 5 __ Dynamics — — General Motors Corp Motors 62 3% 101 57% Mar 68% Apr 67 % 155 523/8 67'/a May 56% 15a 38 42 43 16% __ 16% 3 394 28% Feb 54% Jan Feb 38% Feb 14% Jan 33% May 59% Mar 38 3/4 33 37% May * Central 37% 36 y4 37% 220 36'/a Feb 39% 68 66 68 120 46% Feb 68 28 36 6.25 10 Reynolds 28 Jan May May Common _ preferred Schenley Sperry 25 28% Feb 63 10 62 Apr 47% 47% 25 44 ya 53% 50 55 32% May 41'A Feb Feb 22 3/8 May Belden Manufacturing 23% May 42 'A May Bendix Aviation 613A Bethlehem 33 May 63% Mar Feb 53 Mar 53 Standard Brands Standard Oil Standard Oil Standard Union U U S S 35% 50 22% 21% 22% 50 18% — 22% 22% 35 20'/a Apr Jan 25 (N J) Oil 7 (Ohio) 42 % 65% • i Shoe_ Steel 119'% 21 % 12% . (F W) 10 10 37% 54'% 38 50% Mar 62% 65'% 101 533/4 Feb 58 3% 30 47% Feb 119% na% 28 101% Feb 21% 192 20% 64% 16% Westinghouse 42 % 53 % 583% II 10 : Carbide Wool worth 35 % • (Indiana) 61% 65'% 100 60% 613% 43'% 43'% 18 Feb Jan 65 'A May 60 Avco Manufacturing . Por footnotes see 1998 page 46. 51 51 57% Mar 72% 40 52 ya 6134 May 10 42% Mar 61,250 200 31% 65% 300 57% Feb 72% Jan 56% 100 51 % Feb 64% Jan 14 200 13% Feb 16% Jan Feb 19% May 22% Mar 26% Jan 19% 900 23% 19'% Feb 39% May 2,000 9% 500 553% 9% May 10% Apr May 14% Jan 21 500 41% Feb 56 Va May % 2,400 34 63/4 700 55% 54 3% 6% ' 16% 21 21 13 Feb 45'A pen<niet Lootn 50%. Mar 58 13% 14 ——————50c Bearings Inc 4 Corp Consolidated Steel Fisheries Corp Corp (Un) —. 4 35% 105 Inc (Un) PI (Un) —8 5 Co Jan Jan Eorg 63 1% 7 2,000 % May 6 Jan 1% Jan 7 Jan 14% 4 35% 63 l3a 900 3,100 100 12 'A Apr 3% Mar 33% Feb 300 58 'A Mar 800 1 VA Mar 14% May 4 May 36% 66 1% Jan May Jan 46'/a % 47 2.300 41% Feb 47'/a May 143/4 46 14% 200 14% Feb 16 Brach & Sons Brad Foote Budd (E Feb 29% May Gear Works 5 , —1 ,—5 Burlington Industries Inc Jan Butler Brothers : 1 * .-20c J) Company Corp 29% .,____r____12.50 — 15 29 3n 29% 600 25 Vb 42 10 5 George W) Corp Borg-Warner Corp Burton-Dixie 4%s 300 38% 9% 10 4 —10 1.50 3 — Corp Burroughs Corp (Un) Transit Jan 78% Jan May 120% May 21 '/a May BONDS— Cincinnati 723/8 May Jan 18 179% Mar 73 % Mar 35% __50c Jan Jan 1.40 Rand May 15 170% 38% 23% cum Athey Products Corp— Atlantic Refining Co Automatic Washer Co 323% 5 - 900 13% ___—-—10 non 53% 10 Regis Paper. 1,300 & Santa Fe— Atchison Topeka 5% common Baldwin-Lima-Hamilton St May 8% Mar 73 19% 63 I" May 561% 1 32 3% • Glass Jan 25% May Jan 343/4 Apr 95 Feb Jan 16% May 64 Ashland Oil & Refining 50 24% 15% 15 179% 73 38% Anr 35% 28 (Un) Tel & Tel Co 17 35% 28 Rad & American 44'A May 34% 5 Stand San American Steel Corp (Un>——10 Armbur & Co (111) 5 34% Mar 7 178 34' 179'% 15 Armco _5 , 6% Apr Jan 202% May 65% 55% 33% 35% Petroleum Phillips 67 American 60% 33 2 Distillery Illinois 56% Mar 177% Mar Apr Co American Machine & Foundry Cyanamid 623% Harvester Chemical York Owens 60 50 49% ——1 Paramount Theatres CUn)Can Co (Un) American American 67% 3 Montgomery Ward National Cash Register National Feb ———1 (Un) Broadcasting 5 55% 1% Greyhound Corp Monsanto 42% 31% Feb 31% Apr 46% Jan 10 1 33 5 —, International 193 174 Feb 18 8 Allied Paper Corp new com Allis Chalmers Manufacturing 5 100 American- Tobacco __—25 American Viscose Corp (Un) _—25 Anaconda Company (Un) -50 2.50 -• General Electric 63% 62% 193 5 . Stores Motors General 463/4 ; Pont New 29% 58 44% Light & Power Federated Ford 17% 10 5 — Curtiss Dow 173/a 42% Feb 1 & Products Corn 17% Feb 41% 4 2'/4 800 38% 78 79 100 73 Mar 2 Jan — Feb 45% 80 2% Jan May ' ; 20% Feb — 2% 1,100 20'A 20'/a 1.200 12 — * 2% 12 y8 300 11 46% 47% 800 33% 18'/a 18% 100 18% Mar 21% Jan 24 24 120 24 28% Jan . 17% Feb Mar Feb Apr 21% May 14'A Jan 47% May Volume Number 185 5643 . The Commercial and Financial Chronicle . . (2589) OUT-OF-TOWN MARKETS RANGE Friday STOCKS Week's Last Range Par Calumet & Hecla Int -Canadian Pacific Canadian Prospect i.ta Carrier 4 Corp %% Corp of Brewing Centlivre Central & Corp Public Certain-teed Products &■ Refin Co Chicago Towel Co 9,600 1,100 10 Ry Colorado 30 % 14% 200 1% 400 34% Jan 30% 62 % 19 A Xll% .- 62% 400 60 19 11% & 7 47 400 38% 41% 80 3/s Central American 51 States (Minnesota) 31% & Co common.. Detroit Edison Co Dixie Cup 10 (Un)_. ; Dow Chemical Co Oak Du Mont Laboratories Common Ry Edison Oil 42 V8 Mar Olin-Mathieson Chemical Corp Owens-Illinois Glass 1,300 26 Mar 31% 45 Mar 49% 18% 2,100 173/4 Jan 20% 11% Feb 14 Apr 31% Jan 39% 7 v„ 31% 200 21% Feb 8 3/s 600 8 % May 100 39% Feb Pacific 46% May Pan 36% Gas Emei Radio & sen i 32% 900 27% 41% 500 37% 100 1,150 Feb & Electric American Class 66% May 69 21 28 23% 63 200 56% Mar 66% 19 400 17% 19 4% 5 V* 4 195% 198 38% Phonograph (Un)_„5 Falstaff Brewing Mills Ford of Motor Foremost Corp A—■____—; America Coi 300 100 38% 38% 100 xl00% 100% 400 6 — —1 5 16% " May Feb 4% Mav 178 Pfizer 6% 36 84% 300 Pure Feb American 300 15% 5% 900 General General General Foods General June Gossard 6% (W H) Co Apr Quaker Great Griesedieck Gulf Oil 85% 85"% 86% 200 2% 2% 2% 4 • 10% 10% 8% Feb 6% Apr 18% May 24% Jan 72 Jan 2% Mat8% 100 12% 600 62% 800 66 86% May 3 Apr 10% May 67% May 44% 100 40% Jan "45% May 6,500 38% Feb 39% 43 42% 2,700 Feb 372 % 58,700 -A- May 19/64 May 40% 41% 700 40% May 73% Feb 84% 85% 17 A 17 50% . — 50% 31% > 200 tvIOo 16% 29% 31% 400 2% 3.300 41% 200 3 1 Sears 16% xl6% 16% 9% __ 25 148% 38% 1,900 9% 50 144% 149 108 Jan 12% -1 1 10 34 10J ou 15% 350 11% 12% 400 200 16% Feb 10 Feb Jan 25% —— 25% 50 (W Class 1 10% —* 84% Harvester International Mineral Paper International Shoe Power * & Chemical (Un) 5 — Tel class A) (Un) • & Co 10 & Kan'as City Power & Light Chemical Kansas Power & Light 33%c Pacific —__ — — Corp 6% Standard Oil of Salle Laclede Landis Extension Gas Co University— Oil <N Feb 6 May 28% 25% May Jan common— Machine ___4 —_—„__ — Leath & Co common...... Libby McNeil & Libby 7 Liggett & Mvers Tobacco (Unt_ Lincoln Printing Co common— Lindsay Chemical Lytton's (Henry Co C) —25 ._. * common.. & Co Container Rights 12% Jan 500 79 Mar 99 Jan Sunray Mid Continent 32% Feb 38 % Jan Swift 353/8 36 600 343/4 Mav 38%' 29 100 26 ! Texas Feb 13% Jan 14% Feb 60% Jan 400 1,200 43% 44 3/a 800 107 May 383/s Feb ■. 46% May 38% 383A 400 38 Vs Feb 39% 25 Vs 25 300 23'A Jan 26 46 46 300 41% Jan % 3% eo Thor 4% , Toledo 10% Missouri Portland For Chemical footnotes Co see La 11 10% 100 143/4 14% 400 143A Jan 15% 43 10 42 Feb 43 25 25 50 24% Jan 25% 11 11% 2,900 65% 65 22 76% 78'A 2,150 6% 300 Vs 10% 11 Jan May 13% May Jan May Jan Jan 300 64 Vs Mar 68% Feb 650 18% Mar 22% Jan 700 19 Feb 200 22 May 22% May 25% Mar 22 22 27 26% 27- 12 2,700 12 11% 50 11% Feb 11% 92 300 ..' 29% Feb 11% May 75% Feb 55 Jan 13% May 11% May. 300 50d 11% 89% 65% 26% 12 May 11% May 11% May 92% May 67% May 6 600 60 1,100 47% 24% 100 20% 43% 43% 67 58% 24% 43% 600 42y8 VB 2,100 4 Vb Apr 6% May 33% 200 26% Jan 33 % May 5% 33% 6 x77% x77% Feb Feb 60 Jan 24% May Feb May 4*% lan 15 77% Jan 77% Jan 22 22% 1,300 20% Feb 24 3/s 31% 31% May 100 28'A Jan 32 55% 53% 55'A 1,500 43'A 54'A 53% 54% 1.200 50% Mar 64% 62 65 5,300 53 % 58% 58% 100 48'A Jan 22% " v — 16 3/4 163/4 200 15 y8 100 32 18 2,500 12% 12% 123A — — 7 —— 7% 300 400 51% 51 % 100 26% 27% 27% 11,150 Jan 54% May 62 Jan Feb 65 May Feb 60% May 17 y4 Jan Feb 14'A 12 63A 5,200 Feb 41% Feb 18 May Feb 8% Jan Apr 48 Jan 24% Jan 3/8 28 Vs 273A 28 % 1,600 22% 33% 33% 33% 1,100 Apr May 15% 51% May 273/4 May 33% May •fs May i» Feb 29 42% May May Jan 74% 50c • Co 71 15% 5 Corp <Un)_ Salle St Corp 1 1 700 55 15% 100 133/4 28% 300 24% Feb 74% May Apr 16% May Feb 29% May 13% Mar 13% 13% 600 13 V* Jan 37 74 38 'A 800 35% Feb 1 Vs 1% 700 1% Jan 33'A 33% 200 26% Jan 33% May 29'A 2 9'A 29% 300 22% Feb 29% May 63'A 63'A 63% 150 62% Jan 64 500 101 V« 2 . 74% 15% 28'A ■ 1% 41% Apr 1% Jan Carbide Corp Electric (Un) of • 10 Apr United States United States U S Rubber (Un) Gypsum 26% B2% Feb 60% Jan 72% 72 % 100 72 % May 88'A Jan 28% 28% 100 28 42 Jan 60% 1 4 Industries Co 120% May 200 700 10 (Un) United Air Lines Inc.; United Corporation (Del) v 28 34 603A _25 Corp Feb 28% 58% 5 Calif Aircraft 1173/4 118 7% 16% 500 6% Jan 300 51% Apr 63 Va May 16 Vs 600 14% Feb 17 45% 45% 100 40 64% 66% 3,100 29% 66% 7% 63% 1534 5 U S Steel Corp Apr 29% Mar 61 63% 1 (Un) Jan 7% Apr Apr Vs Mar 48% Jan 57% Mar 73% Jan 29% Apr 55% Feb 6% Mar 80 % May 8 Jan 31% Jan 36% May 35% Mar 46% Jan Walgreen Webcor Co i Union Telegraph Westinghouse Electric Corp Whirlpool-Seeger Corp White Motor 53% 350 51 % Jan 57% 21% 1,500 19% Feb Wisconsin Electric Wisconsin Public Jan 14 14% 200 13% Feb 11% 11% 11% 600 10% Feb 12'A Jan .1 7% 7% 7% 400 6% Jan 7% Jan • 76% 75% 76% 400 58% Feb 36% 37 400 33% Jan 77% May 87 % Feb Apr Wieboldt 52% 51% 52% 950 49 66 Feb 16% 16% 200 15% May 18% 34% 35% 700 00% 17% Jan 100 1 9% 9% 1,600 18% 1 18'/8 18Va 100 12% 613A 1,000 Feb 30 Jan Apr 11% Apr 18 Apr 20% Jan 52% Feb 62 Vs May 8% Apr Inc common preferred 60 Va 613A 5 23% 24 200 23% May 26'A 53% 53% 200 45% Feb 143/s 14 3/8 143/a 50 123/4 Feb 533A May 14% Apr * ._* Power (Un)__ 78 10 78 30 78 May 81 Feb Mar 32% 33 200 30 Vs Feb 33% May Service 10 22 3/s 22% 223/4 1,800 21% Jan 23 Jan Co 10 433/8 43 VB 43 Va 1,000 42% Mar 45 Jan Yates-American Machine Co 5 11% 11% 11% 409 11% Mar 13*% Jan Zenith • 118% 118% 100 92% Woolworth (F W) Apr 35% $4.25 Stores 29% 9% 2% 1 Co 20% 21% May 15% Jan 10 1 Inc 53 2 46. Feb 22% 1 Co .— Union Union 12.50 page 12% 47% 62 , 39 • So Union Oil 63A - (Un) Jan Apr 16 208 4 Vs Mav 1 Cement Manufacturing Monsanto Feb 11 % 32% 39 5 Co Apr 4% May 300 Modine 57% 500 11% 21% 1 Apr 213A 10 23 1,000 35 Mar 46% May 43 __ 62 XI1% 34% 17% Corp. Tri Continental Corp lUn) 20th Century-Fox Film (Un)__. Feb 1.400 4 Apr % Oil Radio 3% 33% . Jan 31 Vs 25 Tool Edison Trav-ler 3% 38% Brewing Co Minnesota Mining & Mfg (Un) Mississippi River Fuel 11% Feb 39 (The) 300 36% Minneapolis Feb 26% 22% _1 . Inc Power 100 3% 4 33 Metropolitan Erick Inc Mickelberry's Food Products 10% 100 1 Company Textron 453/4 Mar 21% 1,200 28% (expire May 27) & Jan 55 37% 15 Scott (Un)___12.50 10% 5 1 _ Jan 30% May 13% 33% & 1 Jan 5«V4 Ma* 10% Jan 1 Chapman Jan 10 ._ 550 4 Merritt 7 __ _ Tool 85'A 53% Cement —25 . . Corp. 36 Martin Co . Corp 84 Marquette Cement Manufacturing (The) 24% 10 Sundstrand Machine Western Medusa Portland _ Corp Studebaker-Packard 55 78% _ Furniture Sunbeam 40'A 1 • _ Jan 37 11 400 450 _100 ._ . (Un) Standard Oil Co (Ohio) Standard Railway Equipment-. Stewart-Warner Corp Jan Feb .65% 26 56% 61% 50c J) Jan Jan _1 10% 25% xll% ~ 63 22% 29% ^ Apr 500 ' 23% Feb 39 __ _ (Un) 52% Mar 943/4 Mar 25 9% 55% 1 Co 19%. Apr ,7 10 Vs May 200 _5 Jan 25% 28% 1 Indiana Standard United La 59% 22% Mar 25% 10% • preferred Jan 400 —_33%c Feb 700 55% 59% (Un) May 1,000 8% May 54% Jan 5 13 300 _1 . Krppp Forge Co Co 40 54% 24% 9 66% Southwest Mfg Co— Southwestern Public Service D 800 53% 15 Socony Mobil Oil (Un) Southern Co (Un) Southern 223/8 May 2% Mar Feb 41 Feb Jan 23% _9 1 California 39% 5 Apr 5 of 36% 13% 8.75 . Jan 7% ~7.50 Corp Oil 39% * (Un) Kimberly-Clark Corp Knapp Monarch Co 62% 11% Standard 35% 44 Feb 1 ; Jail | Kaiser Alum B 300 100% 102 38 3.50 Laughlin Steel (Un) Apr 43% 1 Co—J Oil Transamerica Jones Jan 18% 47% 6% 300 6% 54 3 17% May 36% * 63 14% Mar Pen— 300 600 Feb 51% 200 —— 55 Vs 10% 43 200 15% 47 12 Co— 29 35 3A 7.50 Co & & 21 'A 10 Vs 55% 54 % 100 54% 49 Apr 24% May 57% May II 1.40 Jan 20 Jan • A . 347's ——————* class (Un) '/a 700 Apr 18"% 5 20% 55 20% — International Interstate 1 —————— Co_ 20% Stockyards Service Co ' — Development Steamship Co International Tel 20% * : Indiana Steel Products Co_ International 10 22 y4 45% I5 B Oil Stone . Peb 600 300 15% (Un)„10 Axle National Etorkline Illinois Erick Co—. Illinois Central RR 20 47% 23 55% __5 & 14% 4% 13% Jan 20% 25% Sperry Rand Corp 13A Apr 22% 54% Co Square 700 Jan 7% Feb 47% 10 Paper 38 % Mav 900 Jan 12 V* 23 • Tobacco cl B 40 2% 17 Mar 5% Mar 10 Jan Jan Peb 53/4 1,300 10 18% 15% May 15% May 48% Jan 5% 20% 14% May 14% Mar 26% 2.50 % 2% 5% 700 151% May 11% Mar 22% X15 Inc. Inc 400 22% 15 38% 10% 100 31% Corp Feb 16% May Feb 40 200 10% . 37% May A Sinclair 2% May 36% 1,000 6% Feb Jan Public Class . Shell 42% Mar 40 250 10% 6% Mar 15 33% Spring Sheafier Jan Jail 9% Mar 500 Serrick Jan Jan 14% 15% 10% 48% 15 100 38% Roebuck 33% Jan 1% 38 15% II 1 Raisin 17 v 47% May 2% 15% Is Inc 57% Jan 500 15% 300 300 1 37% Schwitzer Corp 86 % May / 84% ' -2." 15% 38% Schenley Industries 46% Mar 41% 49% 15% 15% • Louis Feb 41% ._3 Steel 49% Mar 15% — May Feb Louis 52% 2% i Interlake Feb 49% 1 Radio Sparton Inland 63 500 St 40% 1 Industrial 28 Apr 56% May Jan 36% St Regis Paper Apr 700 41% Co Industries Feb 57% 36% St 43% May 4 5'A May 10 Howard Jan 42% 700 36% 68% 12% May Jan 55% 66% 1 (Un) Industries 26% 1,900 5 14% Jan Jan ' 12% 59% ——__* Corp Houdaille 200 56% 63 16% May Jan 2,900 Dock————* Great Lakes Oil & Chemical Eros Cooperage class A Corp 5 , 12.50 : Greif Greyhound 27% 52% 61% Co Oats Bros ——— City Steel Co Lakes Dredge & Jan 52% May 44% Jan Feb Jan 15/64 Granite 20% 48% 36 Feb 600 39% May 47% May Richman Goodyear Tire & Rubber Co 16% May 500 42 38 800 42% 52 40'/a 900 19% 1 51% 600 19% _10 800 513/. 47% J) : Jan May 39 % (R ... 77% 17% 46% Reynolds 10) Co.: 1 66 Xl7% 38% 1,400 __44% Corp ^-166% 42% 42"% (expire (The 1,700 1734 477/3 5% Telephone Corp Rights 17% Mar Indiana 5% Corp Motors General 16% Jan 2 (Un) 66% 1,900 5 of Rexall Drug 5 17% 67% (Un) Co Co Revlon — May 17% 67 6'A May 37% Jan Service Apr Apr Electric Co Jan 173/3 67% _—1_1 18% 62% Mar 27% i 59% Mar — " (new)—25 (The) 15% 5 800 3 Feb 1 5,300 49% 1 12% May —2 18 % 47% .-12.50 Co 16% Dynamics Corp 18 491/2 33 %c 400 1 49 % ]g% 2'-A Coke 400 . 17% Feb t (Un) (Un) 900 Contract General & 13% Transportation—2.50 Jan 39% Co 18% Corp__„_ General Candy Corp__: Jan 41% 17% May 18% Jan (Un) : & 57 Box Gillette Co Rockwell General 38% 16 100% May 5% Mar 16% Light Petroleum Oil River General Mar 28 33% May 50 10 1 Deluxe Beer Sales— Fruehauf Trailer Jan 1,300 151/3 —1.25 Fox Jan 35% 1,000 5 12% 13% 12% Feb 17% I_5o Co (Charles) Phillips v 51% Jan Apr 5% 56 % Mar 31% II— 18% 5 10 ; 9 28 35% common 56% i 100 300 61% Corp of America (Un) Republic Steel Corp (Un) ' Auto_. Jan 10% 33 177/a Co Phelps Dodge Corp Philco Corp (Un) .Tan May Gas Pepsi-Cola Jan 5% ■ Peoples Jan May 203 Feb 16% — Inc__—„2 Drive Jan May 39% 30'/a 25 World Airways A i ; B 5% May 54% Jan — , Dairies Four-Wheel Inc 135 32% Mar 56% (Un) Pennsylvania RR y Flour 300 5 Penn-Texas Corp common May 19 xl00% 33% May 6.25 Warrants 32% May 41% May Jan 62% 10 PeD 35% 12 Peabody Coal Co 31% 67% _1 40% 1U0% 10% 7.50 Parker Pen'. Co; class Public (Un) 28 Apr 400 32% (Un) __—__M Apr 10% Jan 443A 1 Eastern Air Lines Inc Feb 35% Apr 3,800 Jan 24% 300 33 Jan 13% Co Oklahoma Natural Gas Apr 300 9% 700 Vb 42 Ohio Ohio 4,300 6% Mar Feb 1 Jan 473/4 Apr 35% Manufacturing Co Potter Eastman Kodak Co Jan 3i3/a 5 20% 67% 198 40 10 30% May 18% Jan 30% 39 5 28% May 16 3A Feb 40% 28 Co— 16% Mar 23 5 ,// 1 (Un) Power 550 Inc (Allan B)— (Un) Feb 129% 132% 131% * 200 1 . <E I) de Nemours 36 II (Un) Co 27% 39% 5 1,200 23% 5 ;— _ 6,300 10 17% 5 —_ 5 00 27"% • 16% 67% Drewrys Ltd USA Inc 6% 37% 6% 5 (Un)__I 28% 41 % „— Dodge Manufacturing Corp Du Pont 31% 10% 10 % 8% 20 9% RR Patterson-Sargent Deere 100 5 17% —— 1 10% 1 16% 44% —5 3% Mar 10% Northwest Bancorporation Jan 17% 18 5 45% Mar 47% May 5% Jan 70% May 45% May 13% 5 Feb Feb (Un) Aviation Pacific Northern Apr 30 25 41% 36% 700 Manufacturing York Northern Apr Feb 100 100 4% 1 North American Car Corp Northern Illinois Corp Northern Illinois Gas Co Mar 581/4 Mar 43 46 % 3% National Standard Co National Tile & Apr 140 Feb 600 43 46% 3% (Un) North 140 Jan 1 High 451/3 Inc New 47% * Co 45% 47 64 % Industries Apr 40 1 ~ Curtiss-Wright Corp (Un)_. 500 400 conv 28 17% 40 .25 ._ 43% X46% 16% / * __— Packing ■ 76 70% . Low pf(%5 5 National Distillers & Chem National Gypsum Co National Lead Co Jan May 12 % Feb Feb Range Sinee Jan. 1 36 2.50 43 Jan High 37 (Un) 34 % 133% Feb '' -1 Consolidated Cement Corp Consumers Power Co 10 129 19 * Container Corp of America Controls Co of America— Crane Co 700 Co (The) Co 50c 20% May '• Feb 50 69 common 11% Feb Jan 30% Napco Jan 140 75 (Un) 100 16% 24 & Vernon Muskegon Piston Ring Apr b9% 140 75% Iron 40% 62 140 ,70% 45% * 100 11% 31 138 25 5 600 33 May 138 —10 Commonwealth Edison 19% , Shares Low • Jan 42% May 31% May Feb .. for Week Apr Mar 56 62% Jan 2% Sales Range 3 (Philip) Mount Feb 140 ♦ , 25% 200 40% 0 common 9% 300 Morris Co & Motorola Inc Jan 17% /■;"?' 29% Mar 300 57 33 —100 Inc. 500 9% 29 57 com z.. 31 9% 25 46 Feb Montgomery Ward Jan 63% Feb 28% 25 _u—_, Columbia Gas System Cutiahy 200 2% 1 •—.i— Co Fuel 16% 41% Week's of Prices Last Par Jan May 5 Feb 43% May 2% 1 common City Products Corp Cleveland Cliff's Iron Co 16% 3% Mar 55% 41% 2% 10 $7 convertible preferred Coleman 36 3% common A preferred- Service 14 % Feb 43 % Chicago So Shore & So Ban RR_ -12.50 Cities Apr 30% 59% ——_ Northwestern Chrysler Corp 3% 11% 58 Friday Sale Price 100 43% 16% _ & 3% 5 31 High 720 ... 58 50c convertible preferred Chesapeake & Ohio Ry (Un) Chic Milw St Paul & Pac common series 34% (Un> $3 5'/b 12% 34% 433/4 Service— ChampJin Oil Chicago 12% Corp— MAY Jan. 1 Low 10 ___— West ENDED STOCKS \j Range Since High 5 16 %c „ _ America South Central Illinois Low Shares 50 — common preferred Celanese of Prices 25 — (Un)_ WEEK for Week " Sale Price FOR Sales Radio Corp Feb 118% May 37 Financial Chronicle The Commercial and 38 Monday, June 3, 1957 ... (2590) OUT-OF-TOWN MARKETS WEEK ENDED MAY 31 RANGE FOR Week's Sales Last Range for Week Sale Trice of Tricts Friday stocks Pacific Coast Stock Exchange Friday stocks Week's Sales Last Range for Week of Prices Shares Sale Trice Corp — * . Air Reduction Co (Un)- —•— __10 Gold Min Co Juneau Alaska — American American American American American American American American Feb 95% 46 301 44% May 18% 1.279 17% Apr 24 23% 23% 415 20% 23% 23% 160 87 87 205 14% 15 74 1,146 33% 33% 34 815 16% 16 74 300 6% 6% 200 53% 53% 171 48% 610 15 a57 May 56 Feb 994 895 . May Jan 56% 77% May Feb 72 74 Jan Feb 32 70,213 32 3974 5,971 20 Feb 3474 3874 Feb 65 1974 1974 19% 185 23 % 2374 23 7 4 2,103 54 5574 609 9% 10 4% 5 674 674 22% Mar 26 % 44% Jan 1,621 1174 Jan 1,300 474 Apr 6 Jan 1,220 6 Jan 7 Mining Co 716 Jan Oil Co Bankline Inc_ Instrument Beckman (Un) Benguet Cons Inc (Un) Bethlehem Steel Corp (Un) Bendix Aviation Corp 12% Jan 3,894 4% Apr 87,i 1,300 13% 137 a 1,000 38% 28% 397« 63% 60% 63% 7 74 1% 1% 45% 13 12% 36 Apr 57% Mar 1% Mar 41% Feb 1 2 5 — 1 ——1 -5 10 4 May 10c 2,000 4 6,533 2.90 Feb 167j 2,214 15 46 3 4 1,319 7 Burlington Industries (Un)Burroughs Corporation 5 46% 8 8 74 21,100 % % Feb Mar Jan 34J4 148 148 317 37/a Mar 200 41 % 42 42 929 38'/a Feb 45% 247'a 430 19% Feb 25 1374 May Jan May % 405 11% Mar 14% Mar .47% 47 74 202 34% Feb 32% 32 % 108 32 May 35 % Jan 20% 5374 4.313 3774 Feb 12% 1,935 11% Jan 1374 24% 2.505 1774 Feb 24% May 80c 80c 71C Jan 1.10 Mar 1,700- 6174 61 6174 10 1174 20% 100 20 Feb 23 Jan Caterpillar Tractor Co common Celanese Corp of America Certain-teed Products Corp Clorox Corp Chemical Continental Can Oil Corn Co Refining Products (Un) Co Crane 14% Mar 16% 364 86% (Un) 267a 41 42 282 62 % 6274 417 41 May 5S34 Feb ' 1.97 a 19% 150 31 Feb Jan Jan May 49% Jan 68% Jan 1974 May Feb 16% 3774 35% 35% 145 34% Mar 75% 75% 75 7'2 324 65 Jan 81 (70 70 70 470 5977 Feb 70 % 4 4% 442 74 Jan Apr May 4% Feb 47 a McNeill Loew's Cuban American Oil Co Curtis Publishing Co Curtiss-Wright Corp Merck Co & (Unt Power & Light Minnesota Montana-Dakota Utilities Montgomery Dow National Auto 17-% 3,173 16% Feb 17% Jan National Gypsum Co 16% 16% 375 15% May- 1974 Jan 40 40 National Supply Co National Theatres Inc 15% 15% 15'a 2C0V May 41% Mar 45c Feb 437a May 4574 Jan 15% May 42% Feb 15% Jan 47% 47 % 341 7% 7% 774 100 64% 64 3 4 190 55% Mar 31% 307a 31% 216 287a Feb 6574 May 3174 Apr 31 % 32 144 307a May 3474 Mar 5% 17 35 337a 35 345 67 a 4774 May 8 Feb 574 Jan Jan 5 Apr 37 Dresser Industries duPont deNemours Mohawk Niagara Kodak Eastman Paso Class Electric American North Pacific Northrop Aircraft 37 5% Jan 900 3% Apr 300 8 Feb 13 Apr 447a 684 Feb 4774 Jan 16 350 & Share Products Capwell Emporium 38% Ohio Oil Co 13% 17 Railroad Co Sugar Co May Pacific 18% May 22 Apr Pacific 18% Jan 22 Apr Pacific 48% 48 ''a 150 46 May 52 Jan Pacific 17% 177a 124 15 Apr 1874 May 74 May Pacific 17% % V 5,155 79 77'4 79 813 5% 5s 'a 57/4 1.400 63 56% —25 63 7'4 729 55 % 63%- 5674 421 195 3 4 195%' 370 28 Feb (Un) (U11) 11 May 75 % Mar 4% Feb 563/8 Mar 43 74 Feb 17 8 74 Mai- 7 91 Jan 57^2 Mar 6674 Jan 57% May May 200 6% Exeter Oil Ltd Co Fibreboard Fitzsimmons Flintkote & Mach Ford Motor Foremost Friden Inc F«r A Chem Corp Dairies Trailer Co footnotes naee 46 13% 2174 100 19% Feb 5c 6c 14,000 2674 42 3 4 pfd red Pacific 1st Pacific Oil & Gas Pacific 14% May Pacific Tel & Tel common- 37 Feb 4J % Jan Pan IS 19 150 1874 Apr 2074 Jan Paramount 1 22% 227a 39 % 397a 2S1 22 May- 105 347b 61% 64 510 56% 56% 18 187 a 49% 5174 197 a Feb Feb 130 19% 1.40 1074 May 28 8% 8 74 Feb 377a Jan 24% 24% 289 24 74 Jan 36% 3674 36 7„ 1,710 35 7b Feb 39 74 46 74 46 74 46 74 325 37% Feb 46 74 May 1374 Feb 8 Jan Mar 2.05 Mar 1174 31% Pictures Corp 233 11 38 (.20 35 Jan 1374 May 38% May 750 23% Feb 28 3971 393 1 156 3574 Apr 4074 Jan 45 47 305 45 May 50 Jan 7% 774 853 774 May 9 Jan it 7 629 6 74 Jan 8 Jan 16 5 » 16% 441 167it Mar 17 Jan 1% 17 it ,100 1 1 % 200 32 74 3274 3274 347 3074 30% 30% 671 1 _1 65c 65c 73c 39,670 2.85 4,400 31% 30 32 2,503 1974 1974 19% 200 4974 4675 4974 1,261 397'i Apr 4974 May 24% 25% 513 2474 Jan 28 74 Feb 1.75 1.80 1,455 1.65 May 2.70 Jan 374 Feb 47 ■ ~7 67 16% 2.60 I"*"* 4175 37-V , 7,880 820 4174 7 7 200 527a 5675 1,582 1215 56% 14% 174 Mar 17b 174 Mar May 3574 2974 Jan 3174 Mar 15c Feb 80c 2.40 May 2774 Mar Mar 19 2 74 Mar 3674 Feb 6% Mar 43 74 Feb 12% May 1274 100 15 883 1474 May 25 822 20 42% 42 7 4 4274 450 3374 Jan 49% 493« 49% 4,084 48 74 3074 30 3074 2,545 30 Jan Jan (Chas) & Co Inc 2474 May Pfizer 41 Phelps Dodge Corp Philco Corp (Uni 10 May Jan (Un) 4374 Apr Feb 5074 Jan May 3274 Jan 2974 64 1,013 5474 Jan 5974 Mar Philip Morris & Co (Un) Philippine Long Dist Tel (Un)__. 1.233 16 Feb 1874 May Phillips Petroleum Co capital 2,693 38 Feb 51% May Pullman 24 May 24 74 May 27% Feb 2474 317 24 74 May 27 Jan 24 74 May 2774 Jan 24 % 285 2174 May 23% 547i 58 74 May 7% 3,240 37 2.329 65c 900 29 31% 1,526 Jan 774 May 35% Mar 55c Feb Jan Pure Oil Inc Co (Un) (Un) _I 5 — 693 15% Feb 1874 34 205 28% Jan 3674 May 79 Feb 85% Mar Jan 83 263 20% 20% 339 20 VB Feb 22% Jan 23 213 2074 Feb 23% Apr 1.15 1,860 75c Apr 1.30 May 56% 249 45 Feb 5774 May 5474 54% 120 5374 Feb 63 Jan 153B 15% 297 14% Feb 18% Apr 4274 290 41% Feb 4574 Mar 6 100 4274 6 6 ..00 47% 48% 1,047 64 * 5 3174 May 131% Mar 644 15% 55% ' 15% 00 Apr Feb 1.00 56 74 — Jan 70c 82 72 • 5 Feb 39 Apr 22% 83 ■ 10 17 74 124 974 34 ' — 12.50 p Feb 430 221 22 58 15% 1.00 .__ Jan 103 128% 13174 23 3 Jan Jan 389 65c 1 . 16 18% 25 74 May 24% 36 74 3674 157b _ _. Apr 56% May 2674 7 74 1 _ 774 4 58 ' (Un)_ 4174 May a 2174 31% — Jan 2674 May 24% » Petrocarbon Chemical cap. Jan Jan 22 24% 13174 50 374 3974 247 2474 1 _ Jan May 26 3 33 74c Pepsi-Cola Co (Un) Apr Feb 287b 147i 1 Penney (J C) Co (Un)_ Pennsylvania RR Co (Un) May 1 2474 1274 ion _ (Un) (Un) Apr Jan 27 711 1 _ Airways 26% Mar 38 Petroleums Ltd American World Feb 1874 May . 273it 13 74 27% 2 53 1.351 35% 3074 377b May 940 318 Jan 35 773 —* Development—3375c 40 297 a Feb 14 common 38% 56 May 27 21% 32 % May 6,100 37 10 Apr 1.50 4274 May Jan 25 Jan 10% 26% Mar Feb Jan ,—-4; 12 74 - Mar 2774 Apr class A pfd 28 74 1.45 26% 523 1374 24%. — 27 74 10% 150 26 L'ghting Corp com_ Jan Apr 13c 347b 25 25 25 25 25 Inc May Jan May 100 25 Industries 3 9 74 May Jan Jan 5c 100 Co 50 35% Apr May 17 2174 100 3675 5 5 4_; Indemnity 99 1.50 41 5 ; Corp red 1st preferred Apt- 10% 26% 3774 1 5 1 Electric common., 168 19% 910 8 10 461 1 s^e Feb 17 674 Mar 26 : 267 1 Co_. Apr 3% t.an 2974 Feb 1 L ; 14% 18% . Feb 13 74 Aggregates & 32% 2 __ Jan 77b 674 2174 20 37 % 62 3 7 Jan 13% 3774 Corp__. 32% 5 Jan 1274 May • (Un) Chemical 14% —10 Jan 774 26 (Un)— 36% 1 (The* Co Calculating Fruehauf class 3674 47% 1574 5c Jan May Jan 6% 20% 1 _5 preferred 1st 4.50% 82 74 Mar 29 % (Un > Flying Tiger Line Food Ltd Stores Co 82c May 17 41% 5% 30 37% com 49c 1374 com 5% 300 38 a 5 Prod Paper 240 , May ' 5 1st preferred red 1st preferred 5% 761 391a 1 3474 34% 34 74 ** 5 —.— 4 __ 1,150 — Railway Inc Finance 5 74 % 251 38 3 class A 57b Jan 41 1774 — Products Gas & 1st 38% 39% Fairchild Eng & Airplane (Un)___ 5 Vb 5% (Un)—. — Ltd Cement 38% al01% 28% al01% ._■> 310 — -5 — 6% American Fisheries Clay Pacific l (Un ) 675 12% —18 1 25c 1675c ———1 — Mathieson 116 3874 120 Jan 67 16% Jan May 32 74 Jan 201 —_2C 12% • 320 10 Co 12 34 5 3 18% Co(Un> Apr 35% May 50 1 18% Corp 28% 964 Oceanic Oil Co———— 31 % ; Bond 208 1.75 18% 3 B 29 v Occidental Petroleum —_——_____20c 18% (UniL__ Jan 6-% Jan 2974 Mar 31 % Gas Co 22 Apr 3874 Corp (Un)—5 Invest Northern Feb 18% (Un) Co Natural Electrical Erie Lines Air Eastern Jan 1874 29 3 Pacific El 5 7 74 861 Jan 6% 1 North American Aviation 31% ._50c 43% May 43 34 - 30% —4__ (Un) Oil Co Norris Jart 4% 16 48% (Un)__ 29 74 .8474 May 37% Power 99 7a 12% 1 Co 804 4374 1 Ltd— Corp Nordon -10 (Un) & 41 2 6; 195,204 (Un)—— — 5674 43 5 a 5 127 11 82c 1 Natomas Company ——_____—_I New England Electric System (Un) _1 New Idria Mining & Chem Co__ 50c New Park Mining Co 1 N Y Central RR (Un) ♦ —5 ! Jan 27b 6574 (Un) ______—_10 Co & Chem Jan 92 a » Co Jan 137a 200 59c Fibres Distillers 49% Apr 12% 3% l 1 —5 Chemical 8 74 May May 737 Jan 17% 363 Aircraft Co Oil Co of Calif Douglas May 300 2/4 64c (Un)—_— Inc Nat'l % Douglas 774 774 216 (Unt—.— Ward & Co. Motorola 16% 7.50 1774 May 47:74 May 1,048 Chemical Monsanto National Biscuit 1,333 Dorr-Cliver Inc common Feb 10 2 17%, Dominguez Oil Fields Co'(Un) Feb 1774 (Un) Jan 93 J 46% May 1274 3974 74 Development Co (Un) Mississippi River Fuel. Corp———10 Cement com (Un)— Apr 53 _ 3874 Feb 187 2,772 - 19% (U11) Jan 1174 Monolith Port 35 5 7 it class A — Feb 46c 5174 May 4674 Mar 1774 Mission Jan Jan Jan May 950 1974 Mother Lode Mines——p .10 Mindanao 31 93 B'"— Class 43 Merritt-Chapman & Scott (Un)___12.50 Olin Deere & Co Co Ltd— 410 .50c Di Giorgio Fruit Corp — 34% 5% Records Inc Feb 17 7b — (Un) Inc Petroleums Merrill May 4374 _10c Menasco 34% 25c 12 74 642 - 3974 1974 McBryde Sugar Co (Un) McKesson & Robbins Inc (Un) 34% 900 Apr 37 74 May 11 5 Mfg^ Co— Merchants Petroleum 32c .—10 — 32% 1,000 11274 10774 6074 40 _1 Co 40 30c Jan 2/4 6474 Calculators (The) Martin Olaa Decca Feb 9% Mar 2974 300 4774 45 11 10c _ (Un) Feb 52% (Un) com Mar 95 297 3874 774 -• Inc Lorillard Jan 93 (Un) _ Aircraft Corp__ (Uh) (P) Co (Un) Lockheed 27 (Un)_12% 50c Crucible Steel Co of America 103%. Mar 220 4374 25 (Un)« Liggett & Myers Tobacco Industries Inc Litton 31 437a Jan 82c 38% May 1,173 547b 43 25c Ltd— 860 ' Preferred 5474 4774 ,——7 Libby & Petroleums 1.036 30c Jan Jan Feb 240 50c Lear Inc 29 39% Apr Jan 70 1874 Anr 34% May 2.400 I 274 — 38?b 215 74 May 22 237b May >40 33 - 38c 38c 5474 —10 — Land Co Kern County 28% . May - 583 16741 16% 38% 53 . 15 a 4 Apr 10 Feb 38c 8,400 •47:74:7 4934 38c 10c Kaiser Industries Preferred 25 —l 5 ■; Corp common 11% 235 .J — _ Crown Zellerbach Feb 9% May Jan 1774 400 35 7 ' 98% May Feb 62% 10 1 _5 _10 : Co Oil Crestmont 215 95% 437a (Un) Continental 167'4 1 (Un) Jaii 2374 16% —25 (Un)_ Co 3674 May Feb 9% 1.33% Motors Continental 6% Feb 16% 1 — 9% May 2177 May 29 74 * Columbia Broadcast Syst class B—2.50 Columbia Gas System (Un) Consol Foods Corp com 30% 100 9% -3% Solvents (Un) Edison Commonwealth Consol Choi Gould & Savage Min Consolidated Edison of N Y (Un). 280 16% :__ Commercial 5,427 23 29% 1 — 9 35% 8741 29 Ci 1 1 (Un)———25 Co 16 % May 423 * —-1 Colorado Fuel & Iron 43% May Jan 95% 16% Chicago Milw St Paul RR (Un)^ Chicago Rock Island & Pac (Un.)_ —25 Chrysler Corp — —10 Cities Service Co (Un) Clary Feb 13% 23 Champlin Oil & Refining—— Vought Aircraft (Un > Chance Chesapeake & Ohio Ry 38 460 34% 8:»r>. nt 35% X 12.50 10 Capital Airline Inc (Un) Case (J I) & Co (Un)— 359 16 16' Feb' 24 -59% - — -100 38 75 3574 Kaiser Alum & Chem Corp com_ —33 %c M J M & M Oil Co 42 42 16 , 465 • ,-210 48c 48c ' _L - 461%; - 1 1374 Feb1274 Jan ' 262 1974 36% 1074 ; - 240 1974 19% 1974 3674 5 Laughlin Steel (Un) Jones & Marchant 5 California Ink Co————5.50 California Packing Corp— • 5 Canada Dry Ginger Ale (Un) 1% Canadian Atlantic Oil Co ——2c Canadian Pacific Railway (Un) 25 Co Calaveras Cement 5874 M;tV 5174 2274 12 74 10 1 (Un) Corp 4774 May 12 12 12% 1 Jan May 12^4 * —.1 Johns-Manville Jan 17 Apr 150 53 (Un) 1 Co—_1—————10 Oil Jade Liberal 874 May Jan 24% . Feb 10874 12% C* —:— Jan 1674 25% May 50c _— Power Libby 6074 45 274 May 1 _— Apr 44% 14 74 Maryland Mines Corp Jan 18% 17 167 it Feb 630 Jan 457« 3% Jan ——— , Jan 13c 374 9c Mammoth Cons Min Corp (Un) Corp Boeing Airplane Co (Un)—. Bolsa Chica Oil Corp Bond Stores Inc (Un)— Borg-Warner Corp (Un) Broadway-Hale Stores Inc Feb 930 ' — 174 Jan 47 % May 13% 274 174 41— 25-"'it 65 % May Apr 7c Apr "1% 4,025- ' 40c - 48c 3 8 74 International Harvester —: * 3574 Internatl Nickel Co of Canada (Un)—** alll74 al0974alll7ii International Paper Co (Un) " 7 75 ' 10074 10034 International Tel & Tel <Un)_ ♦ 34% 35% Intex Oil Co—— 33%c 1174 11% 1174 Jan, Feb 11 806 13 25c 1674 . Idaho 40% May 2,610 16% —5c Diamond Jan 2,928 4.7 39% May 167« 16 7 i Apr 9 1374 107 ~ Jan Feb 25 74 1—3 —- (Un) Feb 3% 16c ---285-% 1% - Mar . 26% Mar Jan 29% 1,000 274 ' 274 4274' 43% —1 Idaho Jan 67a - Jan 127a Mar 427 1% 46 7 it Blair Holdings Black Blue 14% Feb 5 7% -2 Bishop Oil Co . 931 4'% 13-% —-5 1 5 pi —8 Barker Bros Corp common— 14% 5 14 May 39% May -46 Jan 2.60 — 7% 14% May 32 Apr 24% 250 39 21c 1% - 1,050 2.75 2.75 2.75 „ (Un)—13 1 —■ —J - 40% May 260 21C . (Un) Howe Sound Co 56% May 9% Apr (Un)_ OH Corp_;—— Honolulu Jan 1974 May Feb 1674 2674 41 1 774 - Homestake 24% May 5274 Baldwin-Lima-Hamilton Corp Bandini Petroleum Co 45 May 3874 : class A Co B Class 413 4 May 206 6% nV 15/64 •; Holly Development Co Home Oil Co Ltd class A 39% May 57% Feb 527 9% Feb -25 Electronics Hoffman Jan >24 _ Oil Hancock 57 74 I3 39% Apr 179% Mar Jan 557it- -1 May 3974 May 1,009 _10c (Un) Gulf Oil Corp 23%- .10 Mar 42% 4274 -10 Greyhound Corp 4__i——— Grumman Aircraft Engr (Un)_— .10 Refining Co (Un) Atlas Corp (Un) Warrants OUn) ———— Avco Mfg Corp (Un) ——.————Atlantic 34% May 5 530 26% 4— ._1 Steel Corp (Un) — Ashland Oil & Refining Co (Un)—* Atch Top & Santa Fe (Un) com Armco 23 Feb ' L—_ -Zi 187a 31 705 6574 4174 18% Mar Jan 4% 4074 Great Northern Ry—%—— 57 74 . 38% 4374 May Jan 575 2674 Graham-Paige Corp (Un) Great Lakes Oil & Chem Co .10 ._5 Arkansas 383b Apr- 17 74 100 Jan 44% May - Jan 20 -r? 170 , - - Apr Apr May 7% Apr 41% 38% 41 Apr 872 Mar 73 3874 - 23 47b ' —1 Products Corp Hawaiian Pineapple 39 17%,;,., 23 57b - % 477 8,731 26% Apr ; 1772 50% Feb 63% 67 1 McBean & Co i—i Good Humor Co of Calif—- 1574 May May 170% 359 Feb 5 (Un)—.—__ Gladding 34 Feb 5 377s 64 74 Feb 15% Jan 7374 .10 Gladden 87 Feb 11 73 .50 Anderson-Prichard Oil Corp (Uni— Louisiana Gas (Un)—-— 66% 328 5274 f- 474 4 Getty Oil Co new common——_—. Gillette Company —————.—- Jan 247-2 May Jan 31% Mar 1,818 178% 179% 68% 1,250 - 47a " 15% .25 42% 15/64 26 % May 20% Mar a54% 5'4 44% 42 , Jan 36 Vb May 23% a57 • 23 ' Jan 32 % Mar 18 179% ^-1 1774 (Un)_ _ioc 5 Utilities (U11)—___ —10 General Telephone (Uh) 67s May 86% Mar 5% 4474 574 4274 — - 4174 54 74 1,883 ' 3774 May 1,980. 6674 / High 2,021 U274 Public General 46 25 American Viscose Anaconda 4 100 59 % 6572- • 47'/B May 15 38% 6674 pfd General Public Service Corp 8% May 34% 15 3774- . 6274 2nd Conv Gimbcl Brothers Tobacco Co (Un)— Corp (Un) (The) Co (Un) —— American Feb 164 46 Electronics Inc— -1 Factors Ltd (Un >——, 20 & Foreign Power (Un) Motors Corp (Un) —5 Potash & Chem com 4 Radiator & S S (Un) _—-5 Smelting & Refining (Un)— Tel & Tel Co 100 American Feb 57» 800 18 1 (Un) 1 Bdcst-Para Theatres (Un) 1 Cyanamid Co (Un) —10 American 2% 5% V pfd——— 1st Paint General 510 a90 v General Motors Corp com 1.50 May 58% May 2,875 3% 8% ^ hi Feb Feb 3% May 5% — Jan 62c 217 a87% 34% „10 Apr 14% Feb ' 47% 25.532 a90 Anna. Corp American Bosch 155 High 45 10% Mar 8% * 18 Dye Corp (Un)—. Allis-Chalmers Mfg Co (Un) Aluminium Ltd new w i — American Airlines Inc com (Un)_ Allied Chem & - 37% 8% 1 Alleghany Corp (Un)— Warrants (Un) _ Loio ■ 3% — 1 142 a45 11 74 1.30 1.40 57%' 57% 1.35 _10c _—.——r— a44'/a 11% a45 1 Corp Admiral Aeco — Range Since Jan. 1 ■ Amer Low High ■ .—_5 Oil of Texas—4 General Dynamics Corp J— _1 5 General Electric Co (Un)________ 1 General Exploration Co of Calif * General Foods Corp (Un) _______— General High Low Par —5 Laboratories Abbott Loup Par Range Since Jan. 1 Shares 4774 64 130 4674 4774 1,748 574 May 6 Jan 4374 Feb 53 Jan 60 Feb 65 74 Jan 3874 Mar 4774 May Volume 185 Number 5643 :. The Commercial and Financial Chronicle . ————————— (2591) 39 OUT-OF-TOWN MARKETS RANGE Friday STOCKS Week's Last Range \£: Radio Corp of America Par (Un> Rayonier Incorporated common Raytheon Mfg Co (Un) Republic Aviation Corp (Un)! Republic Steel Corp (Un) ; 5 Rheem Oil Oil Co 23% Mar 51% 171 bt 56 55% 73% 73% : 73% " "488 24 100 24 31% 25 39% 2Qg 54% 52% 54% -492 41 41 330 15% 16% 1. ^10 ; '* 5 : 74 72% 10 1.40 r: 34 34% 35% 20%., 20s.a 20% p. 10 3c 4 3c- 22!%.- Feb 33% May < 32% Apr 20% May, 48 ' 23% 4c Jan 22% May 62 % Mar 2,192 30,000 1,132 608 59 1 16% 16% 17 26% 27 51% 50% 51% 5 5 2.50 5". "T __2 61 •« 6(1 •65% 125 100 66% 59% ' 61 15 —is 59% „ • J—1 - Co common ",A■% al7-;H al8% i 4i) 18 50% 51 > 2.126 20% 20% 21%- 329 preferred California Co Petroleum (Un).:. Pacific Sperry-Rand Standard 45r'0 Oil Standard Co Co Oil 625 43 ! 43% iUn)_ N (Ohio) 6% (Un) 7 _ [. <Un)__ Chemical Sterling Drug Inc Texas Oil Sulphur Inc Tidewater Co common Oil Jan 29% 29% 512 26 Feb 7% 7% 29% May 371 28% 2,604 23 42!'» 413 71 72% 465 27% 27% 1,334 310 21 Steel Universal Victor Corp 22% 22% 281 22% Feb 24% Consolidated 41% 41% 676 32% Feb 42% 43 % 175 41% May 14% May 19% 41V8 14% 15% 38% Westates Petroleums 1.400 (U11) Wester* Dept Union 2.) (F Worthington Yellow Cab Wl 9 11% Jan 1,723 2 22% Feb "■ Mar 'r .44 -••*' Apr ' p.,18% 34! 3 34 34% ' 38% Mar *■' 160 23% Feb 85 25% Feb * - 44% May 26% May 27% Apr "47% Jan 37% Apr 15% 360" "7 ' 36% May " 29 Va Feb 718 15% 63 V4 63% 44% IZio 43% 45 20V4 39%, • —•■■■'■■ 371 324 if" 20 % 40% 83i 16 15% 21% 14% 15 Va' 30% 3Q% • 33% 5734 22% Jan "216" ' Jan " Apr ? Jan i 15% Jan ^ 32% Jan 22% ; 26 > "118 May 28% Feb \ Apr I 34% Jan I •31V4 59 Va 1,244 54% May 27% 321 24 72% 100 36 62% Mar i 27% Apr 80% May Feb 36 :• Jan 107 .; Jan 7% 37 Jan Apr 7% May 35% Mar 38% May 542 37 Apr 38% Mar $3,000 77 Feb 82 Feb 83% Apr 89 % Jan 7% 75 37 37% 64 _* 37% 37% 1975 78% 79% —1975 84% 86 6% BONDS Baltimore Transit Co 4s 5s series A. 463 103% Feb 425 26% Jan 59% 29% 58% (iO 120 % 2,855 52 Feb 60% 799 27 Apr 31% 915 42% 71% May 88% Feb 15% 47% 15% 451 66% 44% May 14% Feb 64% 16% Jan 66% 2,887 57% Mar 57% 57% 72% 57% 1,201 49 —1 Feb ,20 20 20 123 17% Feb 60 Apr 21% May 1 1 r 1.00 33c 11 1 25c 1,710 13%|| 31% 181 •» 77c "45 141 , Mar 9% Mar 170 21% 13% 18% Jan Apr 21% May 1.00 24% Jan Star 5 7 36% _8.50 33% Apr 20 170 26% Feb 5238 Feb 53 Mar 16c Mar 20c 100 19c 19c 4,000 43% 43 % 43% 795 43 6312 63% 7% 179 300 54% Mar 7% Feb Mar 45 2% 70 7 33% Apr 106 ' 60 34% 71% 55 50 2% 760 38 91% 128 81% 7% 7% 195 7% 4 70c 800 4 4 100 ' 28% 14c 15% 46% 28% 12o 15% 50 29,900 35 Apr 33% May 37% May 36% May 73% 2% Feb Jan 2% Jan 36% May 41 Jan 75 % 85 'A Jan 40 65c 5 37 'A 31% Mar 34 Va Feb 7% Mar Jan 35% ' • 6% 27% Jan 33 Va May 63% Feb 37 Co. High 5% May 5% Jan 301 36% 1 United Engineering & Foundry Vanadium Alloys Steel Feb 7% Feb 60c 3% 26 Feb 80c Feb Feb 5c 8% May t Jan Jan 4 Apr 31% Apr 16c Apr 14Va Feb 17 Jan 46 Va 46 V4 50 .._10 36% Jan 50 30% 30% Apr 21% 221 12.50 26% Feb 33 61% 60 62% May 642 52% Feb 62% May _ Air 5% 2% ' 14c Westinghouse Jan 81% Rockwell Spring & Axle_ Jan 18 —10 G5c 63% May 8% Jan Feb 71 ■ Jan 16% 33 Va 71% — 62% May 65% Jail 57 75 30% 25 —. 32% May 702 Jan 17% • common— -2.50 Jan 31% 43% 36% 10 _ $2.50 convertible preferred Pittsburgh Plate Glass Pittsburgh Screw & Bolt Corp 64% Feb Low 35% new -7.50 1 — Jan 35% 7 .10 , Gas 53 40 5% V 14% May 17% 61% 7% Pittsburgh Refractories 20 38% ; Jan 11% 257 56:% 10 Co of 61 ' Co Walker Range Since Jan. 1 High 17% 1 17% 1 Joy Manufacturing Co Lone May 31% common^—————1 Gas Harbison 11% May 47% Jan 575 57 10c • Light Co Equitable Shares 61 _ Brewing for Week Low ;.v 1 Gas System Duquesne Duquesne Jan 61% 12.50 —10 10 % Co Sales v Range of Prices 38% Steel Pittsburgh Brewing Co 4,005 11 % 46 21% 13% 2.50 10 1.00 10% 46'/a 1 5 Week's I.asl Continental Commercial Corp__„ Jan 6°2 Columbia Jan 1,559 28 18 Ludlum Blaw-Knox Jan 665 Allegheny Jan 74 % 28% Friday Sale Price May '29% 16% a 5,700 Pittsburgh Slock Exchange STOCKS Apr 16! A Par 118 28% 29% ser - Brake— Westinghouse Electric Corp CANADIAN MARKETS RANGE Montreal Stock Canadian Abitibi Power & Paper common $1.50 preferred _ _ « Class Sugar A . com _ _ Agnew-Surpass Algoma Steel . new Aluminum Ltd L— m a com Canada 4% pfd Anglo pfd__ Anglo Canadian Tel Co 4%% Corp Ltd common Atla3 ——— Rights Bank Banque Bathurst * 5% Scotia Canadienne Pap Nationale class A see 94 5 7 157 4,918 110 Feb 44 % 8,001 42 Ve May 94 Jan 21 % 250 45% 45% 50% 50% 50% 43 44 17 16% 17 340 15% Feb 46 545 44% Jan 42 75 45% 31 45 % 42 20! a 31 5% page 46. 23 Jan British Columbia Jan 48% 52 42% May 46% Jan 1.14 73,929 1.00 May 1.14 May 42 42 42 25 5% 5 Va Mar 42 May 4 Mar 6 Apr Jan 10 May Feb 57% May 5 % 6,934 9% 8% 1Q 54,444 7% 56% 55% 57 7,000 43 % 50 T 41 % May 90 45 89% May 95 % Mar 48 40 42 48 60 46% 50 40 125 41 May Apr 18 " Apr 40 410 40 May 12 11 12 2,770 10 May 51 52% 5,528 41 Feb 53 44 May 44 44% " Apr 47 Apr 31% 51 Jan 35!4 Apr 77% 77 Mar 78 Feb 35 Apr 1,169 24! a Feb 29% Jan 33% Apr 40 Jan 3.25 3 55 80.339 Canada Cement $1.30 29% 260 0 Canada 2,980 4 % % May 3.10 1 May 54% Jan 3.60 May 58 58 58 % 1.155 55% Mar 59 —10 Jan 39% 39% 40 1,239 38 42% Jan 20 55 410 28 Mar May May common • common—& Canada 5% British Apr Canadian Bronze 62 28 29 1,106 25 27 28 771 26 41 1,256 108% 108% 50 1 .100 • . Aluminium common 13% 30% 11 Apr Feb 42 Apr 101 Jan 108% May 49 90 48 May 90% May 55 90% 42 335 29 Jan 44 % 11% 11% 400 11 Apr 100 May 35% Jan 41 • Jan 29 49 - Feb Jan 90% — • —10 Mar 43 41 IIoo —50 preferred 40 29% 1,735 39% preferred Canadian 815 78 41 Safeway Ltd 4.40 pfd Steamship common Jan 31% 27 preferred 58% 43 II20 Foundries Canadian Bank of Commerce Canadian Breweries common$1.25 28 % 180 common— —10 preferred Iron Canada Malting common Canada 46 Telephone Power Apr Feb Mar 52 Building Products Jan 46 I* • Products- Calgary 50 Apr 42 48 • 42% 45 90 — — May 46 High 13,122 1.00 50 — Power Feb Low 43% 28 - Forest Jan 4.107 30 preferred Columbia 40 034 28 4%% _ Columbia 50 47% 23 preferred Range Since Jan. 1 High 42% 100 British 105 Shares Low — British 125 for Week 43% —50 preferred preferred May Feb 33 055 a55% • common May 45 % 45 46% * 4 Va % Jan 465 46% 0 Oil Sales Range British Columbia Elec Co •, 4%% Feb Paper American Jan Mav 26 26% 7% 157 British Jan Apr 21 26% _ * footnotes Jan 42!'a 2134 8% 21 144 >'4 a 23 24 „10 B For Apr Jan Week's of Prices 1.08 __50 of N A 5% pfd „£1 Corp Ltd • Brazilian Traction Light & Power- High 35% Apr 155 44! 25 „10 — & May 7% 18 7 3.30 preferred _ Pow 22 ' 94 42 Ltd Nova 25 7 46 * Montreal of Class * __ Selburn of 100 pfd- -50c preferred Steels Bailey Bank 50 preferred Corp 100 18 94 ~25 _ Argus $2.50 a8 7 C preferred Canadian Pulp Asbestos a22% 18 Feb 25 ———----—• Bowater Low 30% , Bowater Corp Range Since Jan. 1 2,595 a 22% * ■ - ___ 4%% $2.40 100 — - Co of 32% aB ' ** . - Shoe Aluminium _ Last Telephone Rights High % 3 % _ preferred Shares Bell .. —— 57o of Prices 31 - — Acadia-Atlantic for Week Low 313 4 Friday Sale Price Par Range _ 31 STOCKS Sales Last Par MAY Exchange Week's Sale Price ENDED Fnnds Friday STOCKS FOR WEEK 94 12% Mar Mar May Jan 50 49% 50 % 2.249 45 Feb 55% 26 25% 26 % 2.525 23% Apr 26% May —23 27% 27 27% 450 a 17% 16% 18 4.545 0 29 29 30% 235 • .— - _ — » " 80% 36 * 1 18% ' 26% 37% t Jan May 78% ;_l 13 Va common. ^ 10 of United Gas Improvement— Washington Gas Light | 40% May Feb 14% 26% 10 \ , 30 Va 80% , l Jan " " 26;%' 32% May : " "T"" 62' 902 32% ; Mar 21 " " 26 —5 Union Trust Co of the District Jan 1,322 15 66 7% Mar 14 f = 15% May 46% Feb 36 1,023 30% • —50 Co 20 V 21% 58% Gas ! 2,195 16% ■.-■-__ * Jan 745 3 _1 Jan 43% May 2,988 ' 9 10 common 13% "56 V4 - 1,595 20% 30 9 ( - 63 % II10 Mar .'•59% Mar Jan " 2,966 " 33% 29% May 49% (Un)— 43 15% Feb " 26% 10 Jan 180 28 3 4 Explor 35% May 88% May Feb 54 350 V 26%. r-.' Light common May 20% May 71% ; 43?a" 26% 15 34 ' 44:% (Un> Corp Co 29! Feb 6% May 26% Feb 74% ; 51% May 37% Apr 41% May May 118 —.5 (Un)__ 80 496"" 41% 15'A & divid 'preference Jersey Jan Apr Apr 13 31% Feb 604 57 18% ' 26 ■United Corp 72% May 46% Wheeling Steel Corp (Un) Woolworth 2!) Feb 28% «10 (Un) 44 17% 36% Columbia Jan 28% (Un) Telegraph Oil 20 40% 16% May 27% Apr Stores Basin 34 20 12.50 Westinghouse Elec Corp (Un) Wllliston a 33% 1 —- Westinghouse Air Brake 34 25% Corp Power 44% May —16% Co——10 com 195 88% 37% "-- 110 6! 20 Westates Petroleum pfd (Un)— West Coast Life Insurance (Un)_ Western Air Lines Inc Western 54 % 2,314 6% 33% May 40% Feb ? 114 37;% 1 , 33% 16%o Apr 14' 37: — — 34% Jan 37% 80% Jan Jan 35% 5 .. —10 Oil '41% Feb 742 V- 32% May 64 Va " 44 1 . 1 Co- 172 36% Jan Apr Feb common Equipment ; May 10 common.. 11% 34 21V2 May 7% Jan .•-56 Jan 27 -10 Aircraft Corp (UnnT Fruit Co—————— S South Jan 15% 27 V* May 13% Apr 33 15% * 2 (Un) 50 49 % _—1 — — — Sun Oil Co 29% May 29 42% 50c » 436 12% 428/a Scott Paper Co— Jan Feb Jan 164 228 25 Ry Co U 8% 23% 21 29 33 % -■« «Un Inc Feb 29 Corp Industries 27% 6% 33 % (Un)_ ___ Union Sugar u.——— United Air Lines Inc S May 25 Union Oil Co of Calif United 60 Jan 7.50 1 Twentieth Century-Fox Film United May Mar 18% May 76! a May 27% 455" 76% '43% 5 common Chemicals Reading Co : 68 % . U 65 $1.40 55 May 61% 'Jan Feb 14% (Un) Union-Pacific Mar 50% Mar ■ 51 — Carbide 43" 53% , 145 1 common—- Electric Co 41% May 820 5 Corp TreeSweet Products Co..—. Tri-Continental Corp (Un) Union Jan 24 3b May 25 Tishman Realty & Const Co.._ World Airlines Inc Union 8,840 45% Feb 314 _ Trans Warrants 2.41.) Co ; Corp Potomac Electric Power common. Progress Mfg Co 1—i.— U_. Public Service Electric & Gas com. Jan 59 1 Transamerica 447 65 46% 18% A Co 54 114 Jan 16% Mar 34% 18 ri. 66% !„•. Philco 24% May 74% 1 — Thriftimart class 55 54 Jan Feb 59 (Un) — (Un) Gulf Textron 53% - Jan 27% 33% 56% ———2 Pennsylvania RR Philadelphia Electric common Philadelphia Transportation Co Jan 40% May 249 62% 5 Co Texas Co 55. 64% 5% 20 '" , 2,075 (The) Pennsalt 30% Mqr 30',4 Apr Mar 383i Mar 350 '•• 9% 95 402 88% Pennroad Corn Feb 72 (Un) Corp (Un) Sylvania Electric Products & '4 " 20% 1,518" TV" 42% a 153 33 36 —10 5 Martin (The)" Co Merck & Co Inc May " 18!h —- Mold Swift 51 24 5 common Sunray Mid-Continent Super , JO Co.— Studebaker Packard Hecht Jan Feb 10 Stanley Warner Corp (Un) Stauffer 40! ,* ' 22% 22"% a41% a42!a 25 ; J 0 40% 22%: a41% California— of 43% 11% 20% Bait— — — Brothers Apr 15 74%. 10 at Co__! Dairies Pennsylvania 1,420 « (Ind) Standard Oil Co Standard Jan 27% May 28% May 490 - (4% 24% 50c com 29 4% * of 28% 950 24% (U11) Corp Oil 29 _2 Co Standard Brands Inc 27% _5 —_ Southern Railway Co 27%; 25 1.. . Southern Southern Southern _25 Co America . Apr 30 '"-J non-voting—. Motor Gimbel t. A ser of 31 % Jan 48% 10 — General Motors Corp J: May 193e 20% May " pfd A Foremost 64% May 67! 2 May 59% May Mar 102 51 Ford Jan .5 Feb Co Class Jan 26"% Jan 55% Feb _25 Southern Cai Gas Co G5c 29 42% "Feb 207 885 Fidelity & Deposit Jan 28 300 12% 74% 1 33% Finance Jan " 32% 33 25 36 v 1173® Jan Feb 1,232 % 25 pfd_ Feb "I ,55% May ;i6% Apr 26% Feb 50% May 1,667 <■ '19 f 1,640 27 Corp TUn— Shasta Water Co tUn) ' Signal Oil & Gas Co class A— Sinclair Oil Corp (Un)...; Socony Mobil-Oil Co (Un)..._.i. . " 3c 58% 1.80 31% 52% May 180Va Mar "12% Feb 294 " 32% Electric'Storage Battery Feb jiSe. Mar 14" . 170 Va 267 30 11 Delaware Power & Light common„13% Duquesne Light Co > 10 Jan> 3,006 20% 20% : 45% Mar 13% 50 . 581 High 26% Mar 52.% 29% 1 Campbell Soup Co. Chrysler Corp Curtis Publishing Co J 80 44% Mar 521 ' 3 ; Feb 6174 May 16% Apr 74% May 22% 21% * —. :hl>1 30 13 $2.50 non-cum preferred Low 27 % 178% 179% 28% 30 29% "-6750 Co Range Since Jan. 1 High 27 178% * common Shares 51% Budd Company Jan 237 74% 34 ;34 _5' 1,739 726 27 100 Baldwin-Lima-Hamilton 54% May 42% May 32% Feb -I Tel •Baltimore Transit Co 73% May Feb (Un) & for Week Low 10 Co_ Stores Tel common Arundel Corporation Atlantic City Electric Jan 33 Steel American Jan 28% ■ Wood American Mar 99c Feb com . 58 21 !4 May .710 Par Alan Sales Range of Prices i Sale Price Apr 64% May Feb Week's Last Jan 25% 90c;[Feb 63% Feb 24 stocks 22% May V# Jan 17% 110 30% ' Calif Edison "•668 : 92c 24 10 Solar Aircraft Co.*. 18%- 92c 30% - ' 34 ; Feb 1 (Un) Co 56 % 18% 18%: » 1 Seaboard Finance Co 59% Friday 39% May 22% Mar 230 ——_ * cum <.an 505 27% 54% (Un)—25 Co Mauricio Minings Schenley Industries (Un) ;v 4.325c lbV4 6,112 1 San Southern Jan 24 1 Inc Scott Paper, Steel Jan 59 22% Regis. Paper?. C<y (Un) Diego Gas 8r Elec com—; Sharon 31% Feb 19% San Sears Roebuck .& Feb 48% 23% 59% ! Inc_ Lead 24% 23% • Ryan Aeronautical Co__ St Joseph 135 597 26% 53% i Riverside Cement Co class A Aircraft Corp St Feb 53% 1 Co Royal Dutch Petroleum Safeway Stores 16% 27% 10 Corp_. and W Fine Foods 25% May 414 V Jan 21% (Un) Rohr S 462 ;_i Manufacturing Ranch 26% 20% 10 . Philadelphia - Baltimore Slock Exchange High 31% 20% __1 _ ' 601 __1 Reynolds Metals Co (Un) Reynolds Tobacco class B Richfield Low 37% 26% 26% MAY 31 Range Since Jan. 1 High 37% 1 Reserve Oil & Gas Co Revlon Inc Rice Shares Low • WEEK ENDED for Week of Prices Sale Price FOR Sales 24 Mar 16% May 25% Feb 28 Jan May 18 May 30% May i The Commercial and Financial 40 Chronicle... Monday, June 3, 1957 (2592) CANADIAN MARKETS fob week range Last • class Canners Canadian 28 V* 15 16 % 90. 6% 6% 7 1,785 Husky Oil Canadian Hydrocarbons Industries Canadian International Power common Coghlin class Corbys Class Dome 15 May 10% 1,075 33 34% 8,960 28% Feb 1,968 23% Apr 26 y« 32 185 27 Apr 32% 7% 8 2,839 16 16% 655 16 Jan 17 13 % 625 10 Feb 23% 23% 6,000 23 May 27 27% 145 25 Apr 26% Mar Jan 4% Mar 7% Jan — 16 Mar 15 Jan 28% Apr 3,555 700 5,056 26% 26 26% 33 Jan Jan 13% Apr Jan 9.50 27% May 19'A Feb 7 Jan 9 7% 7% 160 14 14% 225 32% 31% 32% 1,880 26% Mar 33 97 97 50 96 97% 13% Feb May 475 51 Jan 15 15 15 200 14 Mar 24% 22 24% 33,347 56 52% 56 300 0% 11% 19.415 Ltd 68 67 68 II20 3 10% 8% 8 8% 53 2,578 125 Donohue Bros Ltd new common— 3% 12 12 12% 1,170 12 30 30 30 1,635 22 21% 22 1,645 a82 a82 6 alO alO 83 Preferred ——— * —* Kootenay Power Eddy Match Eddy Paper Co class A pfd— —„ May May 82'A 6 Mar 25% 150 25 49 % 49% 25 49 Mar Apr all all 25 11 Feb 17 17% 565 15% 53% 53% 490 52% 23% 23% 23% 1,210 21 28 28 29 % 2,955 28 * 31 30 31 1,605 27'A 100 100 105% —1 59'/a 5 ; — Dynamics a40% Motors Wares Jan May 27% Jan 58 Jan Jan Jan Jan Apr 18 May 55% Apr 25% Apr Jan 33% Jan 31 % May 50 100 May 103 Feb 105% 105% 10 105 Jan 108 May 59% 2,110 53 Jan 66 Apr 100 100 56% 125 a40% a40% —' a6% 37'A Mar 105 a7 . 7 Apr 41 May 8 Jan 47 45% 47 3,190 38% Feb 24% 25% 1,675 22 Apr 26 Home Oil class A 2 19% 18% 20 6,704 11% Jan 23% May * 19% 17% 19 % 5,315 11 Jan 231/2 Ma y Indust Accept Corp common of Jan May 9,312 50% Mar 60 12% 12% 4,470 11 12% 5% 5% 5% 100 29% 60 30% Mar 5% 6,3i5 Feb 23 Mar 30% May 50 50 100 44 Mar 50% Feb 87 215 85% May 94 Apr 16 Jan 21 pfd___25 6% Feb 85% 2,640 a22% a22% a23 51 21 Mar 23 • May 104% 107 6,029 94% Feb 110% Apr Jan 98 96 98 1,377 90'A Mar 102% St Lawrence 54% 56% 807 42% 62% 60 62% 1,235 47% 59 59 62 3,177 a23 a23% 35 Lines 5 Ltd common..* Jan 57% Apr Jan 64% May 47% Jan 62 May 21 Apr 24 Jan al9 al9 25 18 Mar 19'A May 3 19% 19% 104 18 Jan 12% 13% 9,770 8% 8% 125 18% al8% 100 • 13 • Power Steel Struct a com 53 53 9 Jan 19% May 13% May 8% Jan 9% Mar 18 Jan class Massey-Harris-Ferguson Frontenac 25 44 Jan 53 May 14 32 31% 33 1,595 28 Mar 35 Jan • 7'A 7% 7% 12,741 6 Feb 83 82% 83 400 79 May B common Preferred Oil 100 Ltd B 77 Brown Ogilvle Flour Mills Packers Gen Canadian 7% May Ingersol Rand Co Ltd 5% Power Canadian Silk products Canadian & Catelli Food Prods Claude Neon Gen Preferred L) East Kootenay Power 7% Ford Motor Horner of Co Hubbard W> Ltd Felt Co Lowney Ltd, Co MacLaren Walter Power & Oil McColl-Frontenac Minnesota Moore Canada f 1st Ltd——— Power Premier Russell Industries Southern Traders Canada Finance red 5% Rights United Waterman Westee) Pen Co Ltd Products Windsor Hotel Algom Alta Mines 285 49% Jan 6' % 5 14 Jan 15% Mar 100 13% Apr 14 365 42 Jan a25 6 25 Jan 47 47 75 47 pfd—100 — 42 .* 40 — 10 — 125%* * * al23al23% 40% 42 42'A 42% 8% 8% 120 128 78% — 5.60 23 % 3.95 7'A 6.15 B 23% * _ , — ____* 7% 17% Jan Metal Mines Jan Jan Jan 17% Mar 18 Jan Feb 55 Feb 70c Apr 25 36%c 22% 45c 23% 16,000 1,000 8c 1,0.0 31c 1,500 20c Apr 7'AC 31c Jan 10c 41 1.93 26 May 13 Jan Bouzan Feb 45% Jan Burnt Hill Jan 23% Apr 11c Feb Mar 35c Apr Apr 17c Feb 2.00 Jan 20% Jan Apr Feb 1.40 12c May Feb 1.75 30c Jan 2.15 Jan 7c 7c 9c 4,560 5'Ac Apr 10c 10c 9%C 10c 8'Ac Jan 11c Jan 15c 7,500 3,000 lie Mar 20c May 17% 3,000 16 Mar 20% Jan 1.75 Apr * __ 1.45 1.60 5,500 85c Jan 1 13c 13c 4,000 13c May 15c 15c 2,000 15c May 45c 20,500 1 Oil & Rare 36%c May 1 Belle-Chibougamau Mines Ltd- May May Lake 37c May Jan 35c Jan 32c Jan 150 Jan 1 Gold 38c 37c Mines Ltd_a_l 6%c 6'Ac 7c 6,000. 2.75 53c 2.78 60c 700 47,600 40c Jan 13c 13c 1,500 13c Apr 23c Jan 26,566 18,800 24c Feb 34c May 5c May 18c Mar 20c Feb 38c May Refining __ 1 57c 1 33c 30c trust—* 5%c 30c 5c 25c 33c 5'Ac 30c 1 _! 73c 80c 18,900 6,000 96c 96c 1,500 2.85 3.20 300 1.30 1.34 7,800 31 32% 700 7c 7c 2,000 a9.60 Corp Metals Ltd voting 6,035 6%c May 2.24 Apr 11c Jan 3.00 May 69c May 76i/2 May 50 16% May Feb 59 Jan Mines Ltd Cabanga ; Tungsten Mines Ltd Developments Petroleums Uranium 1 Ltd * ; Ltd 1.34 * 32% — Ltd— 25% May Campbell Chibougamau Mines Ltd 19 Apr Canadian Admiral Oils Ltd 77 May Canadian Atlantic Jan Canadian Oil 16 Jan 19% 28% Jan 36% Mar Mar 16% May Canadian Devonian 18% Canadian Homestead 13 15% May Collieries Common Jan Co . I —1 64 Mar 2.85 25c Corp Ltd Mines 17% Feb 5% 6,466 6.55 May 23% 4.30 7'A 1 Ltd Co 1 Red 25% 16% Apr 10% 1,835 5,0)0 3,400 Belcher Mining Corp Ltd Bellechasse Mining Corp Ltd 23 16 5.60 May 22% 3.10 20c 1.93 Beatrice 55% * too 1,850 1 Calumet 550 4,835 12c 1.81 Bornite Copper Corp 16% 6.35 23'A 4.10 7% 12c Jan Mar 16 84% May 1 Jan 10% May 125 Jan 7,000 45 39 2,310 63% 5,600 Mining 22 18% Jan 325 11c 57% Bay 105 17% Jan 12 79 1.52 Bateman Boreal a30% a30% May 43 144% May 10c Ltd May 100 42 Apr Jan 1.45 May Mines 141 3,493 May 104% 1.50 Ltd— Jan 18% Feb Jan 138 Apr 8% May 235 1 Ltd 100 76% May 22 3,255 20c Ltd— 845 75% j 5% May _* Mines Bonnyville 18% Fe Apr 39 17'A „ 29 38 Apr 45% 36% 8c —1 Barvallee 26 Feb May 44c Ltd Jan Mar 10 1,000 123 49% 1.59 30 2,125 18% 17% 1 21% Mar 25 4.70 May 49% — Baker Talc 680 Jan 23% * May 831 43 16% 11% — 93 26 Apr 29 5* Jf.n 12% al5 12c 35 May Feb - 16% 25% May 53% a25 __ Apr Apr 14 17'A Feb 12% 51% 1 471/4 Jan 50 * Calgary & Edmonton Resources a9.75 1,150 • 54c 54c 54c 1,000 2 8.00 8.00 8.45 1,500 6'A 1,525 1 Ltd— 3 ! Petroleums Oils May 1.50 Jan 96c May 1.30 Feb 1.40 Jan Feb 1.25 Feb 24 7c May 9'A 45c 5.90 3.20 May 1.52 33 Jan May 11 %c Mar Feb 13% Jan Feb 57c Jan Feb 8.65 May Ltd— ; preferred a9.60 73c * 7V4 Jan 5% 72c 72c 500 8.80 9.30 7,500 9.10 2.10 30c May 45c Jan 39c Mar 82c May 1 36c 30c 37c 200 33,200 1 Ltd 5% Mar 6'A 9.25 1 Ltd 70c 60c 73c 64,500 10c 71c 6.50 Apr Feb 2.10 May 80c 10 Jan Mav 2.34 May 97 97 97 280 95 Jan 97% * 95 91% 95 3,474 £1 Feb 95 50 A Power common preferred 41 41 41 110 40 Vi May 44% Jan 95% Can-Met Explorations Ltd 1 4.10 4.20 2,203 96 374 90% Mar 98 Apr Canuba Mines Ltd 1 20c 20c 22c 4,850 20c May 55c Jan 1 33c 33c 35c 5,600 33c 55c Jan • 12c lie 12c 9.000 11c May May 19c Jan 4%c 5c 5,000 4'Ac May 8.80 9.85 31,223 • common Canada— Jan 131 131 15 130 Apr 133 Jan 14 14 200 10 Jan 15 May * 22 22 22 300 Simpsons Ltd • 193/4 19 19% 1,360 South am Co * 52 51 53 150 page 46. Canalask Capital • common Canadian 20 % Apr Lithium Mines Ltd ' May 100 ^ Shirriff-Horsey 69% Feb 10% 14% Ltd Calalta see 68% al5% al5% 95 10% Mar Mining Corp_ Nickel Corp Ltd Mar footnotes 34 May Feb 250 Ltd May For Feb Jan 83 9J not Mines Ltd Lead 43 Breweries 28% 21 Apr 14 • 13% May Sicks' 290 10% May 76% 855 Ltd 32 preferred 30 % * Jan 7% 30 19% May Feb . 9 19'A Mar al5 11% Ltd Apr of 15'A Mar 70 Jan 14 ' 21% (L E) Uranium Mines Mines Jan Williams 12'A May 51 % Alscope Exploration Ltd 31 A 563 al4'A 2.70 May Mining and Oil Stocks— 27% Class 12 Apr 10% May Feb 1.35 al5 - 41 Sherwin a90% a90% al4]A ai4'A 13% 13% Aull 33% _ioo 5 4.50 9'A May 21% Ltd-, 25 4% a85 a85 85 115% May Apr 4.00 May 21% Ltd 465 preferred a20 a20'A 180 __ - 3,485 Series A 175 98'A May 665 — class 32 5% 6% — Corporations 42 Shawinigan Water 19% 10% 10% Bailey Selburn Oil & Gas Ltd A Mar jgy" 19% May 26 • 200 19% Wainwrlght Producers & Refiners Ltd-1 13% common 2.70 70 125 5'A Ltd 31 Corp 2.70 * of Canada 42 Lawrence 225 31 % Mar Feo Mar 5 Gas 13% St 735 a4.00 a4.00 9% 9% May 40 • 106 108'A 9% 22 55 Jan 108'A 125 — 40 2,118 25 125 97 Jan 45 ' Jan 28 10 May 51% 21 125 275 20 10% May a22 29 39 95% 48 29% a21% 29 25 25 Jan May 5'A Union 2,460 A 43 20 Trans 51% class 75 53 44 Corp class A 50% Cement 48 Apr 44 Corp Fund..—— Mountain Oil Pipe Line Co 51 Lawrence 48 „ Apr 30% May 44 preferred— • St. 47% 210 45 18% 25 Mines 50 • 50 Sulphur & Iron Mar 25 50 Jan 37% Mar — 39% Jan 23 * Trans-Canada 710 common 31 100 Atlas 93 33 'A May 200 30% __* Power 76% Ltd 6,990 37 30% 10 Ltd 76 Co May Apr 36% Quebec Telephone Corp common., ~5 Reltmans (Canada) Ltd—. —„__* 76% Oil 36 1st pfd_50 cum Mills Ltd Steel • Preferred 75 May Arno 25 76 Jan Jan 33 Arcadia 1,955 25% 10 65 5 May 29 * 5'A Mar 25 18 28% 10 220 75 / May 25% May 22 Jan a32 35% — 50 Corp of Can 6% Altex Oils 33% _• May Apr 4.00 v of • 20 _* - pfd—— 465 (Canada) May 7% Feb 5 7% __ 1,125 Paper class A Royal Bank of Canada 19 69% 43 Rolland 100 Jan Feb 31!/" 20 Jan 10 13% May Apr 50 • 50 3.2o M_r 3.00 May 75 _* 26 ■ Feb 200 a32 5 Light & Pow Co Ltd Northern Quebec Power Co. Ltd com s 36 7% 100 Newfoundland Red 250 20 Mills Ltd———* Royal Rice Mussens 1,605 * Corp Ltd common— Mount *.6J May <150 7% 3.00 48 — * A Mar 3.65 37 * * pfd— 57 Feb 6 3.00 48 * Co Mar 37% 75 • Ontario Paper Co & Jan 3.65 15 225 __5o 86% May 2234 29 common, 19'A Mar 86% May 13% 30'A 10% Transport 5% preferred Quebec Power Jan 18% May 5 7% Distilleries Ltd 6% pfd—10 Light & Pow Co Ltd com_13.50 Melchers 26 common 44 15 * M 4% 10% Ltd 125 al9 . • A—. Corp Paper 41% Provincial 53% 100 common 43 Canada 53 al9 23% 39 141 /%/ 23% May 75 10% 137% Jan 542 1,750 10% 140% 28 34% A class Class A preferred Hydro-Electric Securities 26 * 35 .* pfd class Can (Frank Ltd 24% • a30 — Engineering 24 93 a29% 35 Anthonian . 22'A May Oilcloth & Linoleum Co Ltd-* Jan 39 Apr a86'A a86'A Dominion 11 21% May 18 — Dominion Mar 22 21% 35 1,350 50 Ltd 24 772 250 22 5 Works Odll 35% * Corp_ IUV4 11% May 17% Jan 23% * Limitee class A & Frere 14% Mar .— * , Zellerbach Crown 2,125 10 (R Ltd Mar 23 — * Gas Crain Apr 8 15% 4,6o5" 22 49 pfd 32 „■ • 10% May — B— Sec 1,580 1.3J0 — Paper Corp Ltd Consumers 8 17% High 1.50 May 39 % Jan Feb 85c 143,200 35 % * — Range Since Jan. 1 High — * A—; class Adver 1 Royalite Shares 8% — Standard • V) for Week 11% 23 * class _ Company (A Sales Range 22 1 Ltd. Co Ltd Powell Roe Week's — Div 30 17 Exchange 8'A Corp class A—* Consolidated a8 a24% a24% Apr May Funds 15% * Ltd Paper Inv Westinghouse a8 17 92 10% —* —— Canadian Anacon 24 50 of Prices —,—100 Canadian Marconi C<f Feb • common Tubes Co 30 8'A Inv Trust Ltd_* preferred 86 • common Products & 16% May Jan Low * Ltd Investments Canadian International Ameranium • common Bros Jan 23 * Canadian Jan • ; Sugar class B_— Ltd Dreage & Dock Co Ltd Placer Development Price May 12 1,295 -1 * . Dominion & Canada Apr * Ltd Timber— & Canada 48 5 Niagara Wire Weaving Corp 91 570 30 Par Canadian 82 • National Drug & Chemical common National Steel Car Corp ; River 91 18% 29 Last Company— Bandowan Power 91 Anglo-Can Pulp & Paper Mills Ltd— Anglo-Nfld Development Co Ltd-——5 Associated Artists Productions Corp—* May —100 Apr May 2o% may XtO 17% 1.45 46 ;• preferred-: 4.Uo 34 May 16% 18 * 33% 58% Jan * common 34 29 ' 1.15 125 5 Penmans III100 Gas—w-—. 32% 701 Trust Page-Hersey 65 1,050 33 46 Montreal Steel 34 26'A 1.25 Lumber 78% * Ontario —— * Abitca • class A . Mines 34 25% ' * ' 46 Locomotive Noranda 74% May Feb Friday 76 Montreal Morgan & Co Feb 2.75 ... common 50 Mersey Paper 5%% pfd Mitchell (Robt) class "A"_ Breweries l.OU may 67% 4.20J Sale Price 191/2 May 100 Bloedel & May 1.535 4.30 stocks Jan 55 Ltd— MacMillan 1.00 74% Canadian Apr 6% 21 Candy Shops Acceptance class A Lower 4%% 58% x60 12% • Bros Class 60 20 Secord Molson 46% Mar 107 Service McColl 25 21 (John) Lewis A 52% Corp common__5 Utilities Public MacKinnon Apr 52% • Jamaica Laurentide Jan 86% 50 common Pipe Laura 41 May 7.50 Canada Interprovincial Ltd Mar 64 30% International Petroleum Co Ltd Labatt 33 2,910 • International Paper common International 6,216 66% 10 Powders Bronze Nickel Int 36% 50 100 ... nfd Cement Internatl 33 65 % 5 £1 80c 80c Canadian Stock Mexican 33 • Imperial Tobacco of Canada com 6% preferred Inland Jan 65% 10 preferred preferred May * Paper common Mining Imperial Oil Ltd $4.50 47 • Imperial Bank $2.25 Ltd Feb 11% 24% Howard Smith Jail 17% May 4.15 —. Central Consolidated 9 Jan • • B Jan 9. JO mar 73% *. class A... "A"——, Foreign Power Sec Corp Ltd • common Paper Co Ltd Bay Ltd class preferred Zellers May Gypsum Lime & Alabas Hudson 4 % Vo Winnipeg David * preferred preferred Apr 30Va 22 —• 5%% 13% Jan 17 Gatlneau Power common 133% Mar Feb 53% Fraser Cos Ltd common Jan Feb 30 1 Foundation Co of Canada Jan 9% 17 5 Corp Canadian Co May 12% 79% 25% 20 —1 Electrolux Corp Jan 15 Jan 15 East 68 'A May 39% 10% May 7% Apr 116 Brewery Ltd of Canada Sec common— Feb 24% May 116 Pont May Feb 116 preferred. 14'A May 19% 1100 Class (Geo) Apr 22 31 Dominion Textile common Lakes Grocers Wesson Jan Mar Mar 13% Dominion Tar & Chemical common Great Western Jan Mar 13 Dominion Steel & Coal Steel 25,115 49 May 7. to 14'A Mar 99C Jan 18 30 25 preferred General 3,0/5 74 >/4 * Worts & Jan 31 45 30% _10O General 5.20J 16 ■X cO Jan 28% 50 1,300 Dominion Glass common 5% 55 7.75 _—— Gooderham Apr 14% General May Apr 14% Feb 14 50 _• Players 44% 7.45 15% May 160 4.25 Rights. 8% May 85 18% Foundries ti Steel com— Motor 10 % 575 -2 Dominion Famous Jan 102 15% 15% 18 pfd 4 2'A 44% • .. Apr 73 Mar 16 Bank——— Corp 60 Feb 13'A May 15 98 18 Corsets Ford 70 High Jan 34% May 25% 31% 2.50 Coal 6% Du May 2 50 Dominion Dow 4,708 100 100 „ 7.60 Steel Walker May 2,002 25 Dominion Bridge 7% 19 36 % 5.295 —2 Stores 73 V* 60 69% 72 V2 Oils May 20 9% al5 al5% Dominion Dominion ["Ill* :::iioo — Low 49 a56 —— Seagrams Preferred Jan 15% Mar 27 Exploration 7% pfd Range Since Jan. 1 10 a56 " 14% May 23% Zellerbach Distillers & of Co United 21 % May 18 Seal Co Cork — Jan 12% a99 15% 5L Crown a— — 13 % May 13 A— Crown a— 16% Smelting B Triad 36% Glass Consumers Toronto-Dominion Jan 7% J) Enterprises Consol Mining & Jan 9 25 (B Combined 15% May 31% Equipment Farm Jan Steinberg's 5V<t% 33% Canadian Vickers Cockshutt Steel Feb Snares High Low ' —— Canada Jan 35 -- —25 preferred—10 Ltd Can^Ja Power 16 10% Railway Petrofina Jan a99 100 1955 — 1,360 16% 18 «. Pacific 390 20 35% Canadian Oil Companies common— Warrants 59 a 16 30 6% May 200 14% 15 3,380 14% 14% ~ Canadian 20% 21% 14% * Warrants Canadian 1,500 20 % a20% Fairbanks Morse com Canadian for Week *' Southern ADr 27% 28'A 16% —» Jan 12% 19% Canadian Canadian 2,162 • 25 - preferred ' 15 13 150 25 $1.75 series——— $1.00 series 5% 14 14 14% Sales Range of Prices Par High Low 14 • Week's Last STOCKS Range Since Jan. 1 Shares High Low Par Canadian Celanese comm for Week of Prices Sale Price Sale Price Sales Range Friday STOCKS may 31 ended Friday Week's 22 Jan Jan 17% Apr 20% 47 Jan 56% Mar Nickel Mines Ltd Lithium Carnegie Mines Mines Ltd Ltd Cartier-Malartic Gold Central-Del Oils Rio ! Mines Ltd Central Manitoba Mines Ltd Cheskirk Mines Ltd Ltd 1 • — — __ 9.80 8.80 Jan Apr 5.65 Apr 7%c Jan 9.85 May 8c 1 1 3.00 — 8c 1,000 5c May 15c Mar 18c 19c 3,000 10c May 27c Jan Volume Number 185 5643 . The Commercial and Financial Chronicle A . (2593) CANADIAN MARKETS RANGE Friday Week's Range vV of Prices Shares Par Ltd Low 75c 2.40 Chipman Lake Mines Ltd 1 Cleveland Copper Corp_____„„______l Con-Key Mines Consolidated Consol Ltd Consol Denton Halliwell Mines Ltd 1 Ltd May 40c Jan 27c 21 >/4 1.18 1.02 12c 12c y. i2c 11c 12c Mines Frobisher (1945) Mines— Geco Ventures Mines Golden Ltd Age Grandines Mines Haitian Iso Israel & 3.15 6c: 2.72 9,600 7ci 2.72: 18.0 2.72 1,000 18C 15'/a 22C 12,500 15 Va U C 16 ' 14c 1 10c 8%C * 31c , a75c 30,° a75c 31Va 33% 3 J Va 27c 30c 5,o 70,000 23 % 12c 12c 1,500 80c HVa 80C 3oc 2dc 3oc Oil Co Ltd voting 1 trust 500 1 2dlA 2"*% 2,uU0 24'4 3,0)0 19,700 6c May 31c May loc 1.30 1 13C loc lt/C 5,vvj Mid-Cnibougamau Mines Ltd—1 1.45 1.55 1.83 1.56 1.85 21c 20c 21c Mogador Mines Ltd— New Formaaue Mines New Jack Uranium New Pacific 94 % 1 .; Lake Coal Santiago & Ltd 94 % 235 4.50 4.50 400 32c t 37c 32c 1.75 1.47 West Amulet Mines 28c 32c 59,500 12 VaC 16c 10,150 1.87 1.95 2,975 10V2C II,000 American Asbestos Corp American Rare Metals Northspan Uranium Mines Obalski (1945) Oils Pennbec Mining Gas Gold Phillips Oil Gold Co 18c 2.70 1 30c 38c 11% 1,250 64c 80c 202,400 72c 30 9,500 15c 33c May 21,120 30c Jan 3.75 3,900 64c 8,740 64c 1,000 1.50 1.59 14,200 8%c 9 V2c 7'/2c 6 Vac 8 V2c 15,500 29c 26 Vac 32c 18,000 9,800 1.52 8 1 '/a c 7,500 67c 600 60c 14c May 4,000 12c Jan 12c 13c 27,000 38c 45c Quemont ♦ 13 % 13% 100 ^1 1.05 1.05 300 Corp Ltd Mines Ltd Red Crest Gold Mines Stadacona Standard * 1 Ltd Gold Ltd Oil (1944 > Gas Cons Tazin Tib Mines 18 Va Jan VaC 112,800 7c May 19c 93c 41,400 55c Feb 99c 74c Apr 7c 10,030 35c 5 V2c May 37c 5,000 30c 15c 15c 4,500 13c 4.75 560 2,350 15c Ltd 1.32 1.38 4,800 3.15 64c Apr Jan 21 22 >4 2.90 3.00 1.550 24c 23c 34c 60,400 23c May Feb 2.90 May 23 4.00 57c May 12C 11c 12c 4.530 10c May 30c 48c Jan 60c 168,400 10c Jan 60c May 16,900 18c Apr 60c Jan 1 32c 32c 37C Bouzan - & Ascot West 44th St., New QUEBEC-TROIS-RIVIERES-SHERBROOKE-CHICOUTIMI-ST. see page 46. Jan 49c 94c 22 % Mar 24 24 Va 150 7c 7c 8c 15,010 1.79 1.95 17 Va Jan Apr 1.65 1,700 42 28c Jan May Feb 25% Mar 13 %c Jan 2.20 Jan 40c Feb Feb Jan Jan 88c May 18 Va May 15% Mar 41 Apr 43 46 Jan 135 44 Jan 57 13c 7,500 May 12c 3.50 __ 125 45 12c Feb 19c 3.50 500 3.50 Apr Apr 4.50 Jan 10% : 10% 11% 9% May 4,850 116 118 Va i3Va 14 14 11% May 118% May "15% Apr 840 : 90 Jan .I" 981 7 Jan * 5% 5% 5% 26 Va 26 26% 2,969 24 11c 10c 11c 1,700 10c 60c 86c 859,400 22,759 2,115 5 Mar Feb Mar 6 Mar 29% Jan 14c Jan 68c He 9 VaC 11c 9c Jan 22c : 20c 23c 15,600 20c 14c Jan 14c May 39c 13c 232,650 10c Apr 21c Jan 1-85 1.71 1.85 20VaC 1,510 Mar 1.60 Mar 2.01 Jan 50c 200 50c May 1.10 Apr 7,000 8c Mar 12 %c Jan 17Va 12,355 17% 33 35 1,188 2.61 2.57 2.80 7,600 16% 30c 30c 31 %c 10,831 9 %c 10c 48 3,283 3.30 3.55 58'A 1,186 20% 41 58 4.75 4.75 54 Mar 2.40 23 %c 32,530 57 '/a 15% Mar 32 12,449 46% — 46% 4.75 Feb Feb 9c Feb 46 May 3.10 May 55% Feb 4.75 28c 28c 29c 10,533 28c 41c May Apr 41c 50c 6,850 40c May 42c Jan May 12 Vac Mar 54% Jan 3.65 May 59 Jan 5.00 Feb 45c Jan 84c Jan 1 70c 69c 72c 6,400 07c Feb 66c 75c Jan 65c 70c 28,100 62c Jan * 37c 92c 35c 37c May 65,550 25c 9%c 10c 8,800 54 % 54 % 54 % 25 1-05 1.04 1.12 18,216 — * —_— 7 6% 7% 1.15 1.15 1.24 4,550 * 25c 24c 27c 9,700 2.90 2.60 2.90 216,667 1 — 1.60 1.65 900 42% 43% 12,166 —_25-- 43% 1.10 1.07 1.14 33,295 50c 1.75 1.60 1.85 14,350 —-1 17%c 17c 17%c 48,717 1 Ltd * Jan 7 Va May 1.05 Mar 1.75 Jan 24c May 1.58 Apr 1.60 May 42 % May 1.07 May 1.60 May 17c 40c Jan 3.15 May 1.93 Jan 46 Va May 1.14 May 2.75 |Jan May 32c Feb 6%c Jan 2.16 2.05 12c Jan 2.25 16,540 1.75 Feb 2.65 Jan 4-15 1.40 1 1 Ltd— — 1 1,710 25c 100 87c 5,200 70c 9c 7,143 8%c 14c Mar 13c 10,500 8VaC Feb 15c 12c May 1,500 12c Mar 18 Vac 72c 81c 61,400 72c May 1.55 J an 40% 41 140 40 % May 43% Feb 45 Va May 72c — 47 47 225 5'A — 5% 3,426 7 Vac 1,000 7c 3.75 4 40 4.25 4.40 1.220 9% 8aA 9% 39,553 50 49 V2 60 8.00 372 4.10 Jan 18 18 25 15% Jan 1 84c 75c 90c 421,700 2.90 2.90 3.15 6,450 * 56% 55% 57 13,261 Electric— 80'A 100 80% 80% 65 43 42c Jan Mar 2.60 Mar 43 % Feb 78% May Jan 48% Mar 57A 10c Apr Jan 5.45 Mar 9% Mar 49 Va May 8.00 May 18 Va 90c 3.25 Apr May Jan 57 % May 84 Feb 90(4 90 % 80 Apr 953A Mar 48 48 48% 880 46% Apr 50 41% Jan — 50 50 Jan 7.50 —1 class A Feb 48 % Ltd Products 7% May 18 — Petroleum - 4.85 Mar 8.00 * 5% preferred 4%% preferred Jan 7%c — • 100 Jan 12c ——* Columbia Jan 6% Mar 1.12 12c —1 —- Feb 1.60 Mar 70c 8%c —1 common— May 12c —50 common Feb Mar 5 Va 1.3c. 50 —! 90c 25c 5Ve 81c 8%c 7,000 25c 5Va — — — -1 -—— B Apr Feb 5% 4,065 — Columbia Forest Jan 1.89 7%c — 1 common Columbia Packers Mar 60 1.15 Mines— British 96c 47c 12c May May 7c 1 British Jan Mar 8c 55 1,645 1 ——1 Mines y 90 Mar % 41 Va 41% 270 • 11% 11% 11% 5,045 10 Va May 13% • >16 16 16% 350 14% Feb 17 Apr 13% Jan 17% Apr Feb 52 % May 41 * Columbia Power Columbia Telephone Co—_—25 * 1 16% 17 200 51 52 4 8,637 41 44 43 44 2 629 43 81c 80c 81c 5,300 - Eritish Mines Jan Jan 3.30 -* — Traction Feb 8 Vac 34% 1 — 17c 8c 8c 1 Ltd— 1.16 Mar 50c * -1 — Reef Jan 7c 27,955 10 Oil Class 12c Copper British footnotes Feb 13 700 70c —-* American Broulan For 61% 11% May 3.40 _,— preferred 4%% preferred— JOHN'S, P. Q. 60 180 24 1 4% City, MUrray Hill 2-4545 275 70c 1 British Office: York 39,000 51 11% 70c 1 British Branch 65 20c 11% * B„:— .——■— Paper Brilund Mines Phillips Square 18c 50 Va 50 % 10 preferred Britalta 1203 18 %c 1.95 — Gold EXCHANGE Telephone PL-9501 Jan 41 Va pfd EXCHANGE Local Branch: 2.00 46 Mines Bright (T G) West, Montreal Feb 42 Gold STOCK St. 1.40 Jan 1 Uranium- CANADIAN Dame 10,629 — STOCK Notre 1.54 May 37c Mines TORONTO 230 6.25 1.45 25c Warrants EXCHANGE Apr 1.50 100 Bridge & Tank preferred— HART MONTREAL STOCK 4.80 25,500 ——— MEMBERS: 200 30c Mines-— Bralorne Mines SAVARD 5,400 Mines Mines Brazilian Jan 1.40 6.00 1 class Corp 5% Boy mar 1.98 1.36 6.00 5 81c — Hats Bowater Feb 70c —1 Mines 5 % % Jan 29c 75c _————-— Gold Bowater 48% Jan 15c 32c 30c Copper Corp Bouscadillac May May Apr 1.26 May 772 May 45 % 16 % Scotia Mines Bordulac Jan Jan 59c 45% 17 157 413/4 May 443/8 Peb 12,200 Mines Quebec Bay Bonville May 1 Ltd Bidcop Biltmore Black 2.99 9,494 45,774 — Uranium Jan 21% 44 45 Vb 40c Ltd Warrants Jan .* Ltd Bicroft Apr 1.44 Feb 41% 45'A 20c —1 Mines 6.25 Jan Jan 108% 460 81c Mining Yukon 22c 1 17% 42c Bevcon Bibis Jan Jan 1 5,250 9c 8 8,081 17'A Lodge Uranium Apr 1 ; — Ltd 8.00 2,900 157 1 Telephone Rights May Apr 14 Va Mai 1 —— Bethlehem 63c 95 Va 14 1 Bell Jan Jan 93 Va 144 Va * Belcher Mining Corp—. 1.45 Mar 92 25% May 95 Va Apr —--—50 Exploration Belleterre Feb 6c 1.34 Beaver 50c 1 Uranium Beaucage Feb Jan 433/4 ——*" Bathurst Power & Paper class A——• Mar May 1.05 6.05 May 1 20c Jan 35c 18% -* Beattie-Duquesne Beatty Bros 2.35 May 1.70 3,000 5,525 —50 Traction. Metals Jan 48c 155 Bata Petroleums Ltd— Jan Mar 13 1,000 1 Jan 1.25 Jan 1,200 . 2.28 26c 77c 72c .1 * Base May 6.30 1 Barymin Apr 38c 72c • Mines, Exploration Jan 6.10 Ltd Mines Ltd Mines 6c 72c Ltd Ltd Steep Rock Iron Mines Tacne Lake 1.99 Mar 6.20 Mines Ltd Mines & 8 1.10 May 1 . Stanleigh Uranium Mining Corp Stanwell 7c 77c Feb 3.70 Baska 50c Mines Mines 7c 80c Metals Ltd 46,800 75c 1.85 23 V2 1 Mines 13c 600 Nova Mines Jan 595 Jan 22 94 Va - Barnat 1.98 1.40 May 1.25 Feb 3,750 1.45 88c 35c Mines Cons Barvue 26V2c May Jan 46c * Montreal Barcelona 5.00 18c Mines Mines of 9.90 May 10 Va Mar 50c Jan 60c 2.17 Bank Apr Feb 3.430 1.65 1.45 1 Rights May 1.40 23% 20c Oils Jan 60c Ltd 1.85 Feb 7.25 35c Resources Prods 15c 1 5,640 67c Jan 23c 10% May 300 20c preferred of 17 Vac Feb 1.40 Mines Mines 17c 1.20 2.17 Fabric Bankfield Feb 1 River Bank Apr May 6.00 * Mines Bankeno Jan 3.90 1 60 1 Bailey Selburn Oil & Gas class A 30 Vb May 32c Jan 7.00 10c 17 %c 26,828 —50c Mines Gold 5% 6.85 Jan Feb Ltd Gold Mines Banff 9.85; 21 * May 3.55 " Jan 9.80 6,050 10% \ Jan 177/« May 16,000 18c 9.80 Feb 9 Jan — Yeilowknife Avillabona 14c 18c 10Va 110 Aumaque May ,45c 730 Apr 7 44c — Aumacho Apr 80c 18 Va Jan 24 20c .— Corp Ltd— for Quebec exch 6 V2c May 1.10 40c Soma-Duvernay Gold 8c Jan 3.25 12 %C Sherritt-Gordon Feb 1.40 1.17 1 & 34c Jan 3.50 Quebec Smelting Refining Ltd Co 2.40 Ltd_l 1 Uranium Feb 32c 1 Metallurgical Indus Ltd—, Mining 16 '/2 3.50 Quebec Labrador Development Co Ltd.l Rexspar 14% Feb _• Chibougamau Gold Fields Quebec Copper Corp Co Ltd Rocky Petroleums 54c Feb 15c 3.65 1 Quebec Radiore Uranium May 11c 18 35% Feb Jan 30c 100 High Feb 22% Mar 10c Mines common.—— Metals Aunor Jan 2.90 7% 12VaC 50 preferred Gold Mines Aubelle Apr 33c 9.50 15c 1 1 Jan 30 VB 2 Ltd 25,400 May 2.30 7% Low 30 28.312 Steels Auto 18c 27 Va Ltd_l 2 8,800 21,100 11% Ltd_l ! 19c 2.84I 335 1 Atlin-Ruffner 9.00 Mar 35c pfd Nickel Atlas 1.80 Mar Jan Ltd Mining 27c Jan 5.60 Ltd— Development Apr 1.25 1,500 Porcupine Prime Mines Ltd Portage Island (Chib) Mines Ltd Quebec Oil 20c 5,000 6,160 22% * Atlas | lOVaC Apr 7.40 1 preferred Producers 7%c 32% 22% Debentures Jan Jan 31% Range Since Jan. 1 High 11c 12V2c Warrants LAtlantic Acceptance common— Jan 25c 1.70 Mining Co Gas 17c 12c Mar 7.15 2.80 4 Va % —- May 8hares Jan Corp 1 new for each 3 old Associated Artists Productions new—25c Jan for Week 14% $2.40 Feb 14c Sales Range May Imperial Being Week's of Prices Low -Corp'-i.——\'C_■ Ascot Exchange Funds 26c * Develop Ash Temple Jan Mar 500 Jan 01c Mines Arjon Jan 2.00 1.65 Ltd Explorations Mines 62c 49c 6c 20c 27c 4.300 com - Jan May Feb May • Argus Corp common $2 V2 preferred Jan 10c 1,500 13c 10,600 Oils new Consolidated Area 1.85 May 7.25 Corp 4%% 2.08 65c 12c 8 V2c 12,000 Jan 74c Petroleums Arcadia Jan 1.65 ._1 : — Opemiska Copper Mines (Quebec) Permo 55c 8,000 8%c 1 Canadian 1,500 14c • Lead Mines Apex Jan 2,000 15c 20c _90c Mines Pacific Petroleums Ltd 1.70 Mar 23c 12 V2c May 1.40 Jan Jan 13c * Co Oil Anthes Apr 9c Jan 33c Anglo Rouyn Mines.;—j. May 26c 1.05 69c Anglo Canadian Pulp & Paper pfd—50 Anglo Huronian * Jan 1 Ltd Orchan Uranium 60c :—1 Ltd Perron 8%c 1 Ltd Opemisce Explorers Ltd— Partridge 12c May Apr 2.80 2.65 Mar 15c :> 24 V4 5.00 1.86 Mar 27c 1 Anchor 13Vic Jan 96 V2 1.20 Mar 91c 7.00 100 Anacon Jan Jan 28c 1 23c Apr 1.87 10 %c lOVaC 7c 8c Amurex Jan May 29,200 29,675 Cons Ltd Aluminum Mar Mar May 1.45 May 34,700 12c Warrants May 35c 65c 1 Ltd 80c 3.80 Mar 32c 1.00 — Pacific Aluminium Arcan 73 Feb 96c Jan 74c Algoma Steel 1.75 May 1.08 Apr ♦ Ltd—-———1 May May 8c 54c 33c common debentures Apr 98c 2.05 10c 1.30 Apr 18c 1 trust Jan 19,300 1.75 55c 10c May 65c May 1.86 50c 2.25 May 5c 99c 2.35 Feb 1 1 Uranium 5% 20c Ltd A*. Alberta Algom 3,800 Mines Ltd Oils Mines -Ltd Mines 9,000 57,600 j. 65c Spring Coulee Oil & Minerals Ltd * New Vinray Mines Ltd—————_1 Nocana 13,585 1.96 1 New Sullivan Feb 200 9C Molybdenite Corp of Canada Ltd i_l Monpre Uranium Exploration _1 Montgary Explorations Ltd———! Tarbell 18% 2.25 6c 1.30 Voting Jan 17 2.25 11,000 May 50c Gold Ltd Amalgamated Larder Mar 5%o 1 Yeilowknife Alberta Distillers 21c 23 Ltd Explorations 2IV2 Mar 33 Va Mines Akaitcho Jan 60c 11c 5c ' American Leduc Petroleums American Nepheline 2.25 1.30 13c May 35c 7% trust Jan b-/2c _1 Voting Alba Jan, Mar May 78c 22% .1'? Ajax Petroleums Jan 28c 14 V2 42 8,025 15,000 _* Jan * I,6rti> 100 Mar May 43c 33% Mar 89c 1 « Oil Jan 1 45c 30c 45c & 13c • 45c Gas 54c Co Ltd Corp I 46c of Canada Ltd Uranium Mines Ltd Copper Mining 1.50 Quebec Jan 820 Jan Apr 35c • Jan 5c 500 14c Jan 37c 85c • A May 32c 36,JU0 50c 14 Va' 14 Va lie lzc 1 1 2,000 6 V2c Apr May 16c 35C 5c : 1 May 71c 50C 5c __1 Ltd </0 Feb 21c 35c 1 ; Ltd 500 14,'/ Acme a 12c Mclntyre-Porcupine Mines Ltd 5 Medallion Petroleums Ltd 1.25 Mercedes Exploration Co Ltd 1 Merrill Island Mining Ltd— ———5 Provo May 80c Louviccurt Goldfield Corn Pitt Feb 8c 1 1 Ltd Liberal Petroleums Ltd Okalta 18 V4 1.80 May 33c 35c 31% —25 Aconic Mining May 16 :——; Acadia-Uranium Mines 3.10 Apr Jan -i 41% Apr Apr Apr 85c __ 22c' a 1 : Co Jan 66c May 39 Va 3.35 May 70c 35c Last y' Sale Price Atlantic Sugar common Class - May 12 V2C May 8 %c Apr ——1 Dev Mining & Exploration Co Lingside North Jan 15 Va ) 100 Preferred Acadia . May 14cc 22e 5,000 Feb; Advocate tic 500 ' 14,300 F,-:; Abltibl Power & Paper common.......* Jan 3.15 May 16c Par Jan 25c May 4.40 May 22c Jan 15c Friday- STOCKS 42% Feb 15c 55c 12 Vac _5 Mines Ltd North 2.50 lo.uwO 31,900 Jan 84,400 > Jan • May 17c 400 Mines New 6c . 15c 19,600 31,150 1 24 Vic Mar 29V2c .1.75 Feb V 18c 29c 3.50 CaaaOlan 4.05 Mar 80c Feb, 27c 24c 25c Toronto Stock 4 May 18c 14c —• — 163,600 2.20 Mar 5VaC Jan Feb 59C 14c 25c 65c Jan 14c < Ltd 70c 3.00 41% 1 Jan 15c 337/b 50c 27c • High 15,350 15c Jan 5.20 Feb 15c 15c 72c Jan 55c . 1,500 Zinc New 0 9c Gold Lorado 2.95 6%c 19% Ltd^ & Ltd 8,500 Mines 13% Mar , 15c 460 Westville Low 3.35 Mar 28c 3.500 14c 18VaC 3.05 ■ 19c 38% 37(4 12c May i 3.00 > Jan 16 Mi c Apr 2.78 Apr 3.70 May 43c Wendell Mineral Products Ltd Westburne Oil Co Ltd Range Since Jan. 1 High 3.30 1 14V2c Feb Jan May Ltd- Shares 3.00 24VaC » Weedon Jan 5.10 12 Vs May 30c 2,500 9c Keri-Addison Liinium 43,5u0 19% Kontiki Labrador 4,000 18c Metals Ltd 1 Ltd Mines Lead 35c 186 • _1 Com Continental Mines 3.40 16c ——* Mines Mines Joliet-Quebec 3.20 13 %c *; — Uranium Mines Jardun 8,OuO . 15c Collieries Ltd Lake 50c _l . Lea Cons Gold Mines Lea Hudson-Rand Gold Mines Ltd Indian 43c 18c 1 Hollinger Inspiration Min ood 58c Ltd— Ltd Copper Hillcrest 3.95 1.82 2,000 35c 1 Ltd Gui-Por Uranium Gunnar 33c 17c _* ■ t Mines Mines 12'a I- 3.tto 37(4 1 ,— 200 12 VB 50c 1> Jan 5.25 Jan % 30c •,/ Fundy Bay Copper Oils Ltd Oil 11c 3.95 1 Ltd Futurity Gaspe 12,500 2.70 * Mines 1 50c _ 6VaC May 3.30 Virginia Mining Corp 1 Pyrite & Copper Corp Ltd—,1* Mar May 11c 13 V2C 2.70 1 ^ 3,300 Lithium Ventures Ltd Jan 18c 22c 2.30 May 3.40 Feb 9c 12 Va • Ltd— 2,520 Valor Apr 1.35 May May -1,500 Ltd Ltd I"-- Jan 25% Feb lie 11c 35,000 11c 3.30 71c 3,000 5,500 17c Jan 8c 2.70 1 ; 13,000 V i 3.85 6%C 13 10 Vac 10'/a c 10 %c : 5,810 1.18 3.65 7c ■! 1 Ltd: 21% 3.00 3.70 • * Mining & Exploration Inc Faraday Uranium Mines Ltd Fontana 19% |2.80 Mining & Smelting Corp Ltd_l Mines Mines Ltd—— Trojan Exploration Ltd United Oils Ltd Mar Jan for Week Low 1.25 Trebor Mar 10c —1;, Empire Oil & Minerals Inc..—.1 Metal May 36c 10c __1 Fano Empire Oils Ltd— Rights Sales Range of Prices __ 250 1 Falconoridge Nickel Mines 35c 6,000 25c Duvan Copper Co Ltd Sullivan Mines Ltd. Eastern Asbestos Co Ltd Mines Feb 14,500 1 East Sol Gold 16c 10c __1 Corp Ltd Devon-Palmer Oils Ltd Dome Mines' Ltd— Fab 173,7)0 17c 1 : Trans ' Week's Last Par Feb Jan 36c 1 Daine El 4.20 46c 10c 1 Cortez Explorations Ltd Eastern 36c 1 Ltd Copper Rand omo^uganiau Co 13VaC May 35c Friday High 2.35 May 23,000 1 Mining Exploration Mining 4,050 20c 15c Ltd Consolidated Monpas Mines Ltd Quebec Yeilowknife Mines Cournor 2.45 28c 1 Consol Continental 2.35 34c 36c Ltd 31 STOCKS 1 Mines MAY Sale Price Low 1 Mines Lui Cadillac ENDED Range Since Jan. 1 High 13 %c 20c * Bi-Ore Central Consolidated WEEK for Week Sale Frice v.;,.VV Chibougamau Jaculet FOR Sales Last STOCKS 51 % 80c 46 Va Jan Jan Mar 47% Apr May 1.07 Jan 41 42 Financial Chronicle The Commercial and (2594) Monday, June 3, 1957 ... CANADIAN MARKETS FOR WEEK ENDED MAY 31 RANGE Last Range for Week Sale Price of Prices Par class Mills Bruck A Low " 1 —X Brunston Mining 1 Mining Ankerite Buffalo Canadian Buffalo Red Burns Jan Jan 19c Jan Consolidated Guayana Consolidated Halliwell 8c Mar 15c Jan Consolidated Howey Gold 6% Mar Consolidated Gold-. 9.00 2,815 9c 9%c 10.960 1.06 1.20 9,295 C7c Jan 10c 7c 16c 18 %c 29.159 12c Mav 1 7c -1 10%c 75c -—* lOta * — —-—-— Burrard Dry Dock class A 6%c 150 29% 9%c 79c 115,050 9% 11 1,520 7 7 650 2.70 2.76 * 3.20 Apr Jan Consolidated Peak Oils——..—— May Apr Feb 36 Jan 9% May 6% Jan 126,121 11% 7% Apr __25c 1.35 1.30 1.35 14,100 32% 77 % 9.55 31 32% 2,485 24 Feb 76% 78 4,565 62 Mar 9.55 9.80 5,378 9.15 Feb 5.25 Petroleum Canada Cement - 5.40 27% 5.40 125 * 27% 29 3,003 .20 28 27 28 113 4 common 8 8 8% 200 16% 16% 100 — Preferred _ Crushed Cut Stone Canada Canada Foils Canada Iron * common __ 16 4%% Foundries Canada preferred Malting Canada Oil common Lands : .Class Permanent Gil British Empire Canners 705 34 May 37»/2 Mar 83 25 80 Mar 90 May 2.20 2.35 2,100 7.25 7.55 2,050 40 42 150 11% 11% 16% 18 950 20 Ja 13c 14 %c 9,533 13c Mav 24% Jan 40c Mar 58c" Jan . 14 %c 5.00 55c 11 Mav 49% 50% 3,706 45°° FeCb 20 5670IJan 25 26 3,431 23% Mar 26% 27 27 27% 957 23% Mar 28 Mav * 17% 16% 18 1,620 16% Mav 18 Mav 53c" Decalta Canadian Devonian Gas Dredge Canadian Dyno 70;: 15,809 Feb 78c 13% 14. 1,211 13% Apr 14% Mav 14 14% 390 12% Anr 16 Jan 28% 28% 100 27% Jan 30 Jan 0% 6% 3,640 9 Jan 6"it • 2.71 2.05 2.75 14.050 Ltd _3 0% 5% 6% 2,850 72c 72c 2,997 70c Mar 1.30 20,800 80c Jan 1.70 Apr warrants * 1.25 1.10 * 8.70 9.40 22 22% 1.90 2.15 7.60 7.60 3.25 43 22 -30c * common Preferred 100 Securities Canadian Homestead Husky class Oils_ * Ice North class Feb 2.70 Mar 9,605 5.10 Jan 7.60 May 3.25 120 3.25 Jan 3.50 Mar 44% 250 43 May 50 Feb 22 100 20 Mar 23 May 2.09 2.38 15.259 1.75 Feb 22% 17.260 12% 16 7,630 15 6,125 14% 14 1 1.1 •' 30c 31c Cos preferred common 35% 34% 101 * 100 101 12 Apr Mar 36c Jan Donnell May 40c Apr 30c 4,104 19% 10 11 Feb Canadian Pacific Railway 25 Ltd preferred—10 Thorium Canadian Tire Canadian Utilities Canadian 150 98% 695 10% Mar 4.30 Mar * 28'/, Feb 23% Feb 26% May 3.85 3.75 4 00 4,100 9c 11c 12,000 95% 95 96 115 95 Mar 81 May 81 31 : Erin Oil Cariboo Cassiar Castle May 16% Apr 2.50 2.50 150 2.30 Mar 3.25 Jan 9.80 3.80 1.84 3.35 6.90 May 3.80 15c 16 %c. 3.35 Feb 1.25 Jan 9%c Feb 38c 33c 38c 12,976 2.40 2.30 2.40; 1.90 1.90 2.00 26c «■' 1 1 1.16 * , . __ —25' 72 > 49c • 98c 7T» * 7% 1.09 62 . 11.775 .. 4,200 12c." 1.40 .1 -. 3,879 1.30 73,155 is „ * ■! i . ; , > . 500 % 10 10 10 1.95 40c ' 35c' 36c - Oil : 1; —4 , ; ; Mines— Gamma 1 35c . . 15c 15% 15c , 1, 12c 6% Cadillac c Denison 16c 37c 35c 37c 10c ioc - 20c 20c «• —1 : Mines.: 1 • ' 21 % 19% Consolidated Discovery Consolidated Consoi East 13% Fenimore •Class B 1 J Oil .. 2.85 : 2.85 warrants 45c — Corp _— 49'ac 64c 1.53 1.48 21c 21c "V Jan 13c Apr- - * ; Gillies. Lake.. J For footnotes see page ' .. - 95c 9% Jan 37fc Jan IV* Jan Jan 1.75 Jan -v 30 , 23,300 Jan 73c 26c Jan Jan - • Jan 16c 1.46 5.25 65c 1.10 Mar 3.65 May 41c May 500 , ^ay 12% Jan Jan 9c Jan 21% Feb r 29c May 15%cMay 47.150 3,650 Apr May May Jan Jan Apr May 50c Jan 4.10 Jan 27% Jan 58 Jan 3,600 2.90 Feb 25 Mar 49 Apr 47% May 23c 21c May 82,210 24%c Jan . 25.032 200 100 2o 2ac May 50 ,^!e^ 40c Mar *iau 104,600 . 16c 82c Jan 39c Jan Feb -1,-03 91c Apr 49/2c Jan 16c 13 Feb> Jan ; Gatineau . Jan; Jan t Mar - 21c Jan." 16c •; Mar ' 7 Mar-' 49%c Ja*i Mar • Power General Bakeries 2.80 Apr 44c ' 4 —♦ " . ---, «;• 10c 9%c 10c *- 29c 25c 30c 31. —4 ——— Motors —— General Petroleum; Canada common—1 Class-A Genex Giant ————— Steel Mines Mascot Wares common— _l_" Ltd- Giant Yellowknife Glenn 10c Jan 19c Jan Goldcrest Mines .18c Feb 26c Jan Gold Eagle. Gold — GOlden Manitou Mines. Goldfields Uranium 2.75 May 25% Apr I - - I Mar 90c Feb 64c 7,133 1.20 500 20c '3,846 13,000 8c 18c Jan May Apr 3.50 Jan 45c 36c Jan 17-.4 Feb l.-4bJPeb 2jJ May 3--9May v 86c Feb2.93 Jan - 1/c May % 26% Jan; 25.- 'Mar JlML - - 1.95 Mar 5.05 _Apr 41c May 33 h Jan ^28%'Jan a w 100 '^ ^.OO/May . « r 4,25 Jan . -4.75.Mar LID. Jan. Jan- May 1.70 J&nT 50c Mar : Feb 11c May Jan 35c May Uranium Mines Graham Bousquet Gold Grandines Northern Gas Warrants —1 —1 1 11c 4.60 12c 4.70 42c 45c 14c. 12c 13c 14c common..' 2,630 25.900 1,500 500 9c 9c 90c 94c 20c 20c 15c 16%c 9c 92c 20c 16%c 12c 12c 14c 2.90 2.40 —4 4 1 47 45 26% 934 3.00 47 27 10% 5.50 6.35 26% . 10% 6.25 . . . .» .;' 4.80-Mar ' ; •; 6% Apr ,^20C *Feb, 'lie "May • 4.55 Feb -; 40c Mar 2^, 9,050 2,060 7 1 Mines Lakes Paper Great Lakes Power common.—j Great 25c 45c " 3^40,-. 5.35 • Mines Granduc Great 1 5.25 6% 22%c / . ,. 6,000 " 1.100 v 9,550,. 10,050 5.225 2,638 915 5,765 9,550 '- 11c * Jan 90c May 18c Feft 15c Jan 12c May 2.40 May 38 Feb 22_ May 5% Jan 3.40 Feb' 6^00:Jam 7% Feb40c. Apr 27c- Jan 5.85 Apr 71c Feb 16c-May 10%c- Jan 7%c Feb - If - \t v ^i5.May . 15c.f 19c%._47,lft5;;..^%l5c May . 35c^ Jan 1.02 , 1.09 — 10.353-101 Jan : P- H30 Jan 30'.\ 31% l,73& .--'-^7 -.Jan ' . SO^s^May , 100 100'.ir-- -125-% -100} Mar ( 105^ :.Jan . 15 1534 . 2.720. - 14% . 18%'Apr O3* 6 290 ,.' .4A5 Jan8.00 May 57 ,59%585--« - 53%-Jan . ^6,2 ^Apr 39% 40% 377*- ':. 37->-r Mar.- •,-42% May , - 5.60 5.60 25O: c; 5.0ft Feb » -. , . .6^5 Jan 4.70 - - 1 "6,366 15^ 5•...•... . .100ten. ~; 90c 4,35ft % '.0c Mar 9.15; . 23,200-^»ft:Eeb - 4 7- 23%c 1 17% - 5.35 .. Gold Mines——1 Jan . 5.60 1 Apr' : ... 40%- -4 — —1' M!ne_ : —-1 '" 23c 6.50 Jan ; 6 1« 1% Dynamics General General General 17c 1.08 100- ['• — —1%>15% 55c 45,215 . • -•-? common. Feb 12% Jan 5 75c; % 42% Jan 18 - May 33% Feb 17c 4.00 * Feb Feb *% -_1' 1 Feb 15,145 4,355 -r ... 22c . — .. 54c 28c "• 5% preferred Geco Mines Ltd.. May' 3.25 Jan; 45c ; 15c 4.00 — %. 17,590 30,940 . " ■ * " Gattwin Exploration Gaikeno Mines _—L— 11% Jan; * Feb 56,899 • 21c 1 46. y 30 36% 387% 7.185 17% 17 7/5 20f2 21 _„5'9 2.90 3.20 * <3,bo5 1.70 1.90. 13,50a 4.70 4.95 % , 9.716 24c 26c .1 9,000 20% 29% ' 365 25%. 25% 25 — 1 ,—4 — • 2.14 Jan -> —25c 1 —4 20 ' Consolidated May , Apr> May1JJ5 Apr 8%May 17c ; . — 12 %c 500 1.54 — Consolidated Golden Arrow May 16 2< /a 47 24- 1 52,500 85c 34c "4,500 48c 62c 7 Mines— 47c * . May 23c 1,399 2.99; I Crest. Iron Mines Glacier 44,850 213h 1218 j: _.*y« Feb 54,350 • ' 13% : 32c 10c > "2,176 34c 30c 10c Warrants Consolidated Dragon 33 Apr 54% - — . 83|>A->51% Jan108 % - i 1,114 - / 98^«"Apr 114 vMay 23% '.. - 200->—-2ft- Jan. k-,:*- 26; / Jan- ^ Francoeur Mines —* -12c 14c; 11,000 .l4c. vMar 21e.Jan-.Fraser Companies —28 y , 28 29% ' 1,605" Frobisher Ltd common^:——^2.78 ,; 2.7Q 2.89% 173S5-; * Debentures-——— 10ft ; 78 79^..—,30 7Sv<1 ,®ebr v;, -81 Apr,^. Fruehauf Trailer Co_^——— ;—4 ~ 7% 7%: 8,r....%-. ^5-tvv• 6%rFebi.vMay-. : 59c. Jan u Jan .'v 25c 5,400 7 > 9% Mar . Consolidated 80c 29c — Florida Canada Corp —— 1; >8.70 : 8.55 " Ford Motor Co- (U S)——-15% 53% 53%: Ford of Canada, class A-, , X~—-—*' 108-, 106 Foundation Co of Canada < 4 - > 23 ' 23 78 . 1.80 Feb _,_ "4,616 "9,800 13c 16c . —1 Oils , Jan Feb- 34c 2.60 May i 14,450 2,500 30c , * ' 10 " / • * ' ; Flin__; Cordaeun , " _ "475 2.10 35c - 4 % . Corp. Bakeries— Consolidated • i-— 2—; Gold — 8.65 Apr ; Apr. 129 Aw: 9c Feb 325 • " Consolidated Central Sol ———— 60c Apr ' 4.25 Jan 1.52 Jan, . 11c "12,500 13 2.00 1 2.50 2 10c 2.60 9c 10c . • 13 2.60 1 Enterprises Commoil Beta — Fibre Products common-—— Fittings common Fleet Manufacturing —: ....4.25:, Feb' 75 c. Jan 7% Apr 28c- May . "1,795 35c. . Feb? 36c " 35c : 35c - ; 2.85 Jan 150 9,902 ' 1.07 -• 1 —— 74c r 71 46c ' 2.90 Apr Jan 3.95 Apr 28c Jan . Feb 2.30 May 1.75 May 4,100 3.30 ; 46c l 1; : . 41,400" "1,525 1.34' 3.05 ,1.31 5.00 Jan Jan 30c 23,380 11 %c Calliman 50 31c 25c 29c 35c 25c 66c 3.20 25% 49% Mines Ltd common Pen-Rey Oils— Tungsten Copper Federal Grain class A— Preferred —, Federal Klrkland 13c . 7%c Jan 16,800 1 .75c - ,2.27 Mar.. . 94,300 26c % 34c Mar Apr01% 1,753 II,250 - I Mar 4.00 Apr Apr 12c Consolidated 31c 25c 29c 35c 30%c 67c 25c 3.30 25% 49% ——————• Mines El " 8.50 Jan : 3.00 Mar. 8.40 ,/ 1.31 Consolidated Common— 3.30 Mar 57c 70c , 2,200 27,965 10c 3.70 16c Jan 6.30 1 Bellekeno Ltd Eldrich 4.60 Apr . 1,700 2.65 9%c Jan 81,950 4.05 2.33 ioc 32c 1.42 400 6.75: 8.75 2.62 >, 2.46 Mar 6,945 i 3.80 1 Mines Consolidated 1 1 —1 1 4 —1 20%c 1 —4 20 Metals Eddy Paper class A Elder — Farwest 7 15 3.95 6.60 9.70 : —ii, . —. .8c 14c 1.30 3.95 41c 30%c 3.40 2o% 49% 50 34c 30c 32c 40c 30%c 70c 7.00 Mar 0.90 3.85 1 Development lie 1.14 3.70 41c 9.80 May 7.00 .... 1 Copper Consolidated 1-35 3.90 37 17% 20% 2.95 1.75 4.95 25c -27% 55c * . Consolidated Allenbee 13%-c * 4 1 1 Feb Jan Mar Apr Mar Jan May 13% Feb 13 Mar 20c Mar 14 Feb ; 165 Falconbridge Nickel Famous Players Canadian Fanny Farmer Candy Faraday Uranium Mines_:— Warrants U : Fargo Oils Ltd-, May 16c 10% May 18% May 48,000 11,750 80c 33c Coldstream Conro 30 34c 4 4 32c ; ———1 30 29c 16c Excelsior Refineries Explorers Alliance — 45c 34 Feb 4 30 Apr 485 2/,009 31c 16c 5.60 1,200 May Jlv4 Feb <,-00 Eureka 35,100 Apr Jan Jan Jan Jan 60c 20c 26% Mar 16.600 .Wa 1.40 Jan Coin Lake Gold Mines— Mines 14% 1.02 " Key 14 l.oO Feb 55c — Con 21c 14 1-40 . 60c 40c Cobalt Consolidated Mining Corp Coehenour Willing Mines | May 17c 1.15 2.83 21c 32T« 13% 100 25,675 50c : National 55c . 47c 25 o-'nnn 18% 8% 70c 32c Chromium. Mining & Smelting Coniaurum Feb Jan 3?/r A8,11, -a H 't 03c 2.60 t 8 66c 2.51 ; Coniagas Mines 36c 42c 924 Chimo Gold Mines Combined 54% Jan 2.60 May 43 Feb 19/2 Feb rt3r Emerald 2.51 46 10% El 8.725 2(. 18% Jan ♦ Farm' Equipment • 2.80 May 4^5 Jan 42% Jan 28c Mar Jan Jan Mar 28% Apr 9 25 Jan 12 Apr 9% May 100 —. Jan 1 : 3.50 Jan 5.25 May May May May 855 110 100 4~.31o — 55 46c 34,155 ■; • - -* 1.60 Jan Jan. 36c 7c 22c 12c 70c 1.42 12c "<,245 ' it 24- Feb 9c 1,935 10% , 85c 1.85 Chib-Kayrand Copper Chibottg Jaculet Mines— Chibougamau Mining & Smelting Conduits 22.4 Mar lr Yellowknife 24% May • Cheskirk Mines Coiomac 46 51c 4 : — — 30c 4.40 Gold Cody Reco 15 — 15 2o 4 I,115 3.45 Charter Oil Cockshutt 15% 25c 2,0652.600 171.090 10.642 4.315 7 145 32% 13,616 1.70 -. _ 31% — 55c 1 Chrysler 32% 22c 16,600 11,568 27,400 3.503 30% 13% 12% 9% 41c 3.15 ; „. Mines 30 12% 12% 9%. 55c 4.10 Porcupine—— Chesterville 15 13c 30:% 13% 12% 56C * ._1 Explorers Central 100 1 Rio Central Pat 15 1.78 Corp Ltd Central 14% 4.35 Trethewey Cayzor Athabaska Del Feb 3.20 Ltd Central Jan 12% 2.68 41c 1 Quartz Asbestos 32% May —1 Producers Gold Apr Apr 11 2,800 57.809 13%c 13%c 95c 1.00 2.55 2.71 12c 13c 1 . Gas Captain Mines 82% 27% 140 __ —— Canso 5 440 — 95c 1 Explorations Natural 81 39c 7c 1 Eastern Eastern Mining & Smelting Eddy Match Co— 110% Mar 32 He 1 -1 East Sullivan Mines Eastern Asbestos Co Ltd Apr 14c 32%c '46c 11c 14c 25c 27 %c^ 36c 40c 7c 10c 22c 23c 32%c 27%c 1 Gold Amphl Feb 5.00 Apr 11% 1 Warrants Canso Feb 8c 31 15 , 6c ! Mines-——- Can Met 81 3.65 11% * 20 Canadusa Oil & Gas_ Can 9c —100 - 2.80 Jan 15c V 6,595 1.90 Feb-700 2.75-Apr 10 • 31% May 10,500 - 15c May ' 290 47% Apr 10 : 2.20 Feb 58,600 22c Jan 38;400 15c May ' 34% May 950 * Candore Exploration 5.20 Jan / 16 - ^an ' 14 Jan 1.09 Jan . Feb. May 9c Jan 1.20 Feb 1 - East Malartic Mines 16,613 Vickers . 12 70c "2.70 Apr 4.25 Jan -1 Ltd East 26 Wallpaper Mfrs class B Canadian Western Nat Gas 4% pfd Williston 32c 1,000 7.835 1 Co Duvex Oils & Minerals May 1 * pfd 88c 2,000 200 4 Copper 19% May 34% — 4 Mudge & 11 25 Canadian Canadian Feb 33 — 4%'e — _4 — 1 —4 Dow Brewery May 1 '101% May 26 Corp Corp— — 1.23 Jan May Mar Feb Jan . 3.25 Mar 14%' Feb 100v»':. 12.800 31% 32 16c 17c 49% 50%2.46 2.46 26c 30c 15c 18c , — 23.50 Dominion 36 16% Prospect Canadian .216% Mar *''-'./'■ 35% Petrofina Canadian ' 10,790 * " , ilDuvan 101 18 10%. — warrants- 1955 warrants Apr 22% May 16 May 15 " May May 8% 3,853 36 18% — 16c '38 Apr 7.50 Apr 35c 925- • 3.50 Jan L 40c Mar 13May 14c 11c 1.40 2.75 31% _— 27c ' , 1 Preferred — Textile common Donalda Mines i Donald Rope class B— Apr .;: "" Oil 5.15 2.75 2.80 1 1: 15% He 1-40 - 5 100 3/ % Apr 1.89 Feb i8v2c Mar • 2.70 2.70 5.00 5.25 2.70-2.85 He — :— -30c 2.28 Feb17d Apr. 9.20-Jan 27% Jan-s 5.25 Jan '33c May 6.65 2,0060c 126,400 ■ 51c7,920 21c 51,300 -3.9o 13,3^2 Jan 1.75 May Feb- 9%c Jan 3,030 5,362 12% 12% 70c 72c 71c — 11 8,800 30 %c 2.38 Jan 6 100 28c 3ic _lk 11 30c • . *' 1.65 14 % i A Gold - 22% May 20% Inca # 10% Mav 2.33 • Machine Jan Jmr Jan 22% 15% * Hydrocarbon Canadian Canadian Malartic 7% slc Anr 1 — — Canadian 6.50 18 10c ; Oil— Warrants B 43 3.00 Mav 5% Mar 17,373 7.20 1.30 Mar 1,330 1.90 6% Mav 60.160 22 1 Food Products 9.30 * Dock Mines- Gen ' _i . Petroleum & Apr * Export Gas Ltd Canadian 64c 14 14% : .. Canadian Canadian 67c • —. Pete — 15% — Daerifig Explorers 1 Dairie Mining Corp 1 D'Aragon Mines — 1 Decoursey Brewis Mines— 1 Warmnts Doer Horn Mines— — ——-1 D'Eldona Gold Mines Ltd 1 Ddnite Mines 1 Devon Palmer Oils-25c Diadem Mines 1 Distillers Seagrams 2 Dome Exploration 2.50 Dome Mines —— Dominion Electrochome Ind———4 Dominion Foundry & Steel common—4 Dominion Magnesium 4 Dominion Scottish Invest com 1 Preferred —:———50 Dominion Steel & Coal 4 Dominion Stores —4 Dominion Tar & Chemical common—4 Jan * 10c A Resources Canadian Jan 49% 25 Collieries Preferred 1953 Mav 12»6 Feb 15% 50 50 1 Preferred ——• Croinor Pershing —— Crown Zellerbach Crows Nest Pass Coal—— Crowpat Minerals —— Cusco Mines Ltd— Apr 44 6.45 33c 45c 18c 3.60 ^ 58c 33%cMay 16c Jan 1.05 Jan 17c Apr 22c May 3.50May .1.00 Apr isc Apr 19(445 common— Canadian 5% 8.05 Jan 16 39,682 8.60 3.C5 Mar Jan 29 200 45c Feb 75c 22c ^6,000 20,222 -30,5-<5 2.6o 25c 12% 36 8.60 3/c 45c 19c 3-/5 4 — Warrants. Crestbrook timber common Jan 2.50 22c 11% , 36% —4 5.35 28% Jan 82c May May Jan 42c Feb I6%c Feb t 9%c Jan (,0c May 9c Jan lGc Apr 23 22.500 10%c lL%c 2.551 25c 12% 4 4 1 —1 Feb ,f:?91.12 Mar 10%e —4 —1 Craig Bit Creo Oil of Canada Jan 40 11% 8.10 ..,: Canadian Chieftain Canadian 39% 7.55 55c Chemical & Cellulose- Canadian 35% 1 36 Jan * $1% preferred Canadian 125 20 Oils— class Canadian Celanese Canadian 36% 8.00 common— Aluminium Canadian British Canadian 2.85 Mar 25 Breweries Canadian 4.50 Jan * Preferred Canadian Jan Jan 1.75 2 . . Canadian Bank of Commerce— Canadian 55 3.20 3,800 4 Oils Canadian 47% Mar 11,400 2.00 2.20 1 Oil Atlantic Apr 1.10 May 25c May Feb Apr 4.30 - 21c 22%c I;54 ——1 : :• 1.38 Jan 3.75 Apr 28c 15c 2.20May J:?5 -- 21c Corby Distillery class A Cosmos Imperial— Coulee Lead Zinc—— Cournor fining Cowichan Copper —— Apr Apr 111 ' 4.00 . —12.50 Canadian 16 42 Jan Mar " Minerals Canadian Admiral Jan 35 100% Mines Coppcrcreet 12c 18c — 2/,653 34,230 10,400 16,615 500 70c Feb 2.9o May -— Copper-Man Mines ——— Copper Rand Chiboug May ;l Cable class B_ & Astoria 13 17 . 8.294 113.256 11c 1 1 1 1 4 10. 4 * Comvest Exploration Copper Corp Ltd 8% May Feb 36 83 com Preferred Canada Wire Canadian Feb 3.90 34% warrants Steamship Lines Apr 2.50 * Petroleum.— Canada Jan 29 36 20 ; Mtgc Canada Southern 6.25 30% 4.00 * Canada Southern Jan 2.50 AJ class B'.—— Canada 107 —- Packers 13% 1 1 Basin Tungsten Mining—: Consolidated West Peroleum Consumers Gas of Toronto May 24 72c 55c 30c 11c 72c 11c 18c — 20c 10%c 70c 1 Sudbury Consolidated Jan 13% Jan Consolidated Mar 6 30 48% 1.55 33% May 78 5.10 Jan 24 1,155 107 4 — Warrants Canada 41 % ' 105% 48% Feb •26% Jan 250 39 48,'a 100 * 16 41 % 10 common— — 1.25 2 Ltd Consolidated Regcourt Mines Consolidated Sannorm Mines 20.000 1.188 15>.00o 23% 60c 52c 26c 10c 60c 23% 72c 59c 20c 4.95 — — 3.20 May 51c 20c 4.60 1 Range Since Jan. I Low High 18%c Apr 3,5c Feb 4.442 41/,450 3.340 53c Consolidated Pershcourt Mine 1 Consolidated Press class A——.—■—* Class B * Consolidated Red Poplar Min— 1 Apr Feb 1.65 Ltd Oils 1.21 3.10 4.90 * 1 Ltd— Gold Mac 82c 2.50 Mav 21c May 2Cc Mic 15% Mar 11 %c Jan 8,500 31% 63c Apr 12c Anr Calgary & Edmonton———————♦ Calgary Power common * Campbell Chibougamau 1 Campbell Red Lake 1 Calalta 1 1 4 Consolidated Mining & Smelting Consolidated Morrison Explor Consolidated Mosher Consolidated Negus Mines Consolidated Nicholson Mines. Consolidated Northland Mines—, 12% Feb 8 8%c Mar 7,500 9%c 11 %c 4 Cabanga 8c 30% 4 — Ext Lake 8.50 8c * -— 8.50 Marcus 2.95 21c 1-15 2.95 —1 1 Mines Marbenor Consolidated 1 1 Products Burchell 8 8c 3,125 1 .—— Lake Bunker Hill 600 21,533 8%c Consolidated Smelting & — Buffalo Building 1 Mines— 7% 8%c each 5 old. Buffadison Gold Shares Par High . for new Brunswick Low Co Ltd— for Sunburst Exploration Being exch Ltd. Range Since Jan. 1 lie 12 %c Mines Mines for Week STOCKS Shares High 7',, Brunhurst Sales Range of Prices Low Htgh 20c- 21c Sales STOCKS Brunsman Week's Last Sale Price Friday Week's Friday 2.10 Jan 32 Vac Mar 19c- Jan 27Y2C Jan 5.60 Jan 47% May May 10 ,« May 6.35 May - Volume 185 Number 5643 ■ . . The Commercial and Financial Chronicle . (2595) CANADIAN MARKETS RANGE FOR WEEK ENDED Friday STOCKS Week's Great Plains Great West Develop Coal Guaranty Trust Gulch Gulf Mines Lead Gunnar A_ Mines— - Rock Gold Gold Lakes Headway Heath Hees (Geo . 1 > 19% 18% 13". 1 13 10c 1,900 65c 71c lie 11c Hinde & Dauch Canada— Hi Tower Drilling— --v- Bay Mining & Ilugh-Pam Porcupine Smelting Mortgage 1614 19% 37 6.15 65 (John) 25%. May Feb Jan 33% 34 7.00 5c 1.55 21,250 16% 14c 17 %c 13% 14 11,505 52 13 2.20 Jan 35 60 5814 60 Mines 12 Min Ore Mines Modern 50 4.60 20% common Apr Feb Monarch Mtg Corp Pipe Syndicate common A & 1,500 2.40 Apr 3.25 12c 3,000 9%c Mar 17c 15% Apr 21% Apr Apr 45c Jan 24c May 16 16 16 1,960 25c 26c 11,200 18c 20c 9.064 15c 12% 12% 1.47 — 1.55 ,22% Jan 37 May 83c 88c 10,400 17% 17% I,685 15 Jan 18 2,640 49% Jan 70% May 5,800 74c Mar 7,800 50c May 85c 85c 90c 50c 55c 36c 35c 25 i. New * 17,700 13c 13c 15c 25.119 13c 41c 42c 6,135 40c May 67c 10c Mar 8%c 11c 10,875 8c Mar 12 %c May 53c Concord May New Continental Davies 1 Petroleum Develop New New Delhi 6.00 May New Dickenson Jan New New Gas Apr New Goldvue May 16 May 15 % May New 3,015 82c 38,325 61r Feb 107 8.141 94 % Feb 5618 1,322 42% Jan 62 6,915 47 3.30 Mar 90c 111 57% May 62 16 16 1.232 '15 May 15 15 15% 5,635 15 May 1.56 1.34 1.70 25,100 1 4.25 3.80 4.45 12.500 2.60 Feb 5.20 1.65 Apr 1.50 1.70 9,410 1.10 Feb 1.30 May Feb 2.20 Jan 5,000 33,565 6,443 30c 60c 65c 54c 23c 700 19c 1.19 87,150 42c 1.45 1.30 1.45 II,930 14%c 13c 14%c 21,300 Mines 2.07 1.90 Apr 36c Jan 70c May 29c ; Apr Jan 1.23 May 1.50 Jan 1.22 May May 24c 1 30c 2.07 18,825 ll%cl2%c I - Jan 2.60 Apr 13c Jan 2.92 May 56c Feb 22 %c Jan 90c Jan 23c 1 Mines 23c 1.85 Mar 1.01 1 Feb Feb 1.07 —50o — Jan 90c May 1 PetroleumMines Feb 46c Apr 1.78 May 28c Feb 24c 16,750 30c 29 May 1.065 15,850 — * Explorations 16,033 ll%c May Jan 24c 30c 1.35 Jan 2.20 May Jan. 33c 44,838 16 %c Feb 35c 24c 26c 26,166 22c Mar 48c Jan 1 25c 24c 27c 5,025 19c Jan 35c ——1 10 %c 10c 11c May 10,500 10c May 25c —* 18c 15%c 19c 70.120 14c Feb 24c Jan 1 New 44c 40c 45c 30c Jan 53c May 80c Mar Highridge Mining New Hosco Mines * — New Jason Gold-.-—— New Kelore Mines Newlund 65c ,2.63 24c \ 29c 2.15 2.30 _ 2.20 * Canada Harricana 6.00 71c 61c 2.35 . 51c 1 of Fortune Mines. Apr 5.40 105% — 50c ;; Oil Jan 5.05 Mar 39,100 New 10% May Jan 32c Jan 19% 3.35 200 Apr 75c 65c Apr 5.00 28c 2.59 Feb May 60c 40a Mines 6% 4.25 May 4.00 74c — 14% 4.00 Feb 1 Uranium Calumet 6% Jan 300 375 V. 25% Mar Chamberlain 20% 4.00 13%c May 21 %c Apr British Dominion Oil Feb 4.05 27% 1,670 New Jan 25 Jan 25,650 New 4 May May 29 New 16 Jan 325 16c Apr Apr 1,855 Feb 63c 35c - 28 94 3,114 12 13%c 49 4.85 LI Jan 29 1 20% Jan Feb 13%c * » Labine 1.16 Mar 84c 9% 17,800 " 4.25 4.Q0 3.90 Apr May 1 Mines Alger Mines New 4.25 „ Mar 1.09 10% ' — ,May 40 25 25% 4.00 26 Feb 680 39c 25 Mines Nesbitt 12 • 25c Car 12 66c * 10% — __<■ Steel 10% .—20 Petroleum Nello 10% Feb 1.01 415 70% 1 Jan 43 1.25-Feb 150 68% * 12% May 2,05 Jan 15,975 70% A— Jan 40 17% 5 ; Jan 25 83c 5 Mar Apr Mar 1.55 * common 11 Apr 40 * Mines 100 \ 40c 25 ~ „ 1 Feb 23c __ 1 1 Ltd 2.55 12c Bidlamaque Gold * Isotope Products 16 2.55 Athona Mines Jan 25c — Irisn Copper Mines Ltd-. Iron Bay Mines 4.45 Bristol Oils 20 54% Jan New 4.50 58% 1.61 26c 25c * — 2.35 May 13,502 58,889 • Works— Feb 30c 3.60 New 87 " A 1.20 28c — * Inv„ 750 4.35 May 3.30 Jan 6% 47% 55 —25c Apr 24c 5 58% 2.09 1.64 May 1.70 Mar Feb 28c 30% May 50% Feb Apr Mar 50 1,680 3 1.90' Jan 3.35 May 11c 23 60 17,723 : 12% 43 15% • Line 2.00: 1 Class B May 50 10% 75c 2.95 1 _ Explorations Ltd National Grocers preferred National Hosiery Mills class 60 87 9% 6.00 12,985 A Drug & Chemical National 5% Feb class Preferred Nealon 43 14% 106% 4.20 National Feb 87 14% __* common- 1.23 I common Creek May 50 10% 1 Interprovincial 2,671 1 Mining Co 13,500 20 ; 12.001 * Moneta Porcupine Montreal Locomotive 15% Mar Jan 62,036 — Containers Apr 66c 1.54 1.50 * — Jan 10 1.44 1.45 1. Corp Mar 2.08 May 14c - 305 4.00 • Metals Mar 10c 16% May 24% Jan 1.45 • Mogul Mining Corp Molsons Brewery class 08 Mar 1.50 23.000 5.10 May 45c 1.45 May 13 Feb 4.05 —-a Uranium Mining Corp Mining Endeavour Co 65% Jab 11 17c Feb Jan Feb * Brick " 13 1,100 13c 30% - 43 • preferred 5% 12c — 10 —— 5% 3,810 29% __ 30 12% 14% 3.15 1 Mill City Petroleums Feb v 16% • _ Industries Gas Warrants May 9 53 1.45 * Mining Lake 1.46 1 com Midcon Oil & Gas 50% Mar 7,196 12% 46% Mar 245 5% 1 1 Light & Powder Midrim — 1 25% Mar 225 54 Co Nickel 858 12% 53% 100 - Gas 52% 13 53% 50 ——- Co 52 ; 1 Jan 32" Apr Nama 25 160 53c National Apr 1.95 May Feb Jan 46c Jan 30c Jan 41 Feb 16,650 Multi-Minerals Ltd 86% 28,700 33% 23% May 23% May 63% May 25c May 200 2.08 International Petroleum Class Feb 4.65 2,250 25 Warrants Investors 28c 1.98 common-* _ & Natural International 33% May I'. 46 32% Mar 3,210 25c 1 Ltd Preferred Inspiration 66% 2.02 i Corp - Cement Inland 65 * preierred Inland Feb 4,660 10 Gold_^„ Accept $2 % preferred Inglis 11% 10% 4,350 6.00 —10 preferred 41-2 % Jan 23 % 21,874 32;% Imperial Oil • Imperial Tobacco of Canada ordinary_5 6% preferred 4.86% 5%% Feb 8% 11% 47c 26c National Imperial Bank Lake 39% ■ 28,552 Jan 44c 200 Mexican Moore 20 33 20 Jan . 25% Imperial Invest class A Indian 3,718 1 Imperial Life Assurance— Industrial 33% 25 — — Huron & Erie 31% 1 Hughes Owens Co pfd- *••.'. 4.00 1.38 May 37c Jan 19 — Jan Feb 6.10 * 18c -"Apr 20c 46c __ 85c 26c Feb * 28,335 Mindamar 200 100 10c 23,400 Jan Jan 520 4,760 7c Milliken Mar 14,100 Apr %c 35c Milton 39c * common— . Oils 35c 29c 12c 12 4.85 Jan 12 %c . Jan 12c 7c Apr Feb * Paper — 1 31c 14c 2.75 Jan 21c 4.50 Uranium High 5,400 35c 27c 1.07 Low 25c 4.70 Jan 6%c May 46 18 Meta Range Since Jan. 1 High 21c 1.25 Mar 11c Low 25c Mercury 15c 16 %c May 62c Apr 25c 10% 19% • — Jan 11,500 % 10 33% • Hudson Humber 44% Mar 26% 78,290 1.20 30c — %' Class A 1.20 15c Apr May May Shares 1 Merrill Island Mining Merrill Petroleum Feb 100 37c 32c Mar Jan 65c for Week Exploration & Development_50c Chipman Knitting * Mentor 32c 26,800 3.75 30c 44% * 5 12c 6%c 'TVac — \ _* —_. 3.70 14 Lake McMarmac Red Lake McWatters Gold Mines Medallion Petroleums 9%c Jan -15,200 66c Jan Red 10c 2,000 1 Smith 60,220 3,156 20c Ltd— 9c 22 34,100 Ltd Gold— 10% Apr 21% Mar Par McKenzie Midwest 12c Highwood Sarcee Oils Mining 6,740, Jan Feb 18 7,500 25% 37c Hoyle -15,389 38c * Howard 19% 20c 1 Apr May 14c 12c High Class B Feb 18c 3.75 Co 10c 35c 7 Vac Oil 12.900 12c 1 25 11c 36c 1 Home • 20c — 67c Jan 49c 1 * Feb 21 May 11% - 5.50 Jan 11c 1 Co.— Consol 36c 100 Mar 23,506 —1 * Hollinger 4.75 Mar 90.937 21- Jan 7 Sales Range Sale Price '.v 43% Mar 8% Week's of Prices Last ■ High Feb 6% May 5% May 15c Il4cl5%c 14%c 38 150 10c • •-- Heva Gold Mines Crest Oils Highland Bell V 25 ■ -♦ Lake & 10c — 1 - Mines Mines H) 52c 21 13 %c Iron Red Gold 5 46c 47c —-1 —. Minerals of 5 21 Hasaga Gold Mines Head 400 ■ Lake Harrison 5% 14 %c — -- Gypsum Lime & Aiab Hard 655 1 Warrants Gwillim 1,560 6% 10 — Low 42 6% 5% 5 * —. — Friday STOCKS Range Sicce Jan. 1 HiQh 39% —UL--V _ Low 5% * Ltd, Mines Shares 42 * —. Greening Wire : Greyhawk Uranium -1- 1 — class Class B for Week of Prices Sale Price Par MAY 31 Sales Range Last Mines __ * Apr Jan New Jack Waite Mining— 1 Jacobus Mining Coi-p Exploration Jaye Jeanette Jellico Minerals Mines Joburke * —. Mines 6,000 1.09 1.05 1.19 34,600 . Gold 61c 60c 62c 48,150 60c 43c 35c 43c 62,207 19%c 20c 23c 30,900 19c May Apr Apr 20c 18c 21c 24,900 10 %c 51c Lake 14,018 40c 18c 27.200 15c 23,609 62c Feb 47c May * ... 53c ■„ — 14,450 9%c Feb 1.17 1.05 1.18 * 38c 30c 38c New 25,600 30c May 52c Mylamaque Jan 1 16%c 14%c 18c 85,550 10c Jan 20c Feb 8c 14 %c 17,000 V'T 8c Apr 12c Jan 20c Feb (John) Jan 28c Mar 73c Jan 25c Jan 1.05 - 65c Jan May 2.60 Apr Newnorth 9%cll%c 26.500 9c May 20c 14 147/a 3,396 13 May 17% Jan 85c 1,000 49c Jan 2.35 New Ltd Osu New Superior Oils New Taku Nickel May Noranda Nordon Norlartic Mines Jan 98c Jan Normetal Jan Norpax 1.04 1.19 99,689 95c Feb 1.34 Apr Norsyncomaque 1.142 18 Apr 19% Jan ; 24% 7,065 1.35 1.20 1.35 1.35 1.35 1.42 18.Q00 9,250 Candy 13c 5,500 10c Mar 16c Jan 33c 36c 18,710 14c Jan 39c Apr 6.00 6.15 4,430 15c 15%c 5,800 „ Jan May 14 %c Jan 24c 24c 28c 20,050 24c Mar 45c Jan 50% 49% 50% Feb 57% 65c 65c 5,300 15c Feb 70c May 21c 20c 23c 19,750 12c Jan 34c Apr 2,500 ,.8c Feb 13 %c 700 3.00 Feb 4.25 May 2.10 Feb 2.70 May 1956 17% Mar 19% 92c 73c Mar 92c Mar Norvalie ,14c 18,633 10c Feb 17c Apr Nudulama 36c 518,025 12c Feb 42c 2.25 2.20 2.30 13,300 2.20 Jan 2.85 Apr Apr Obaska 2.60 2.60 2.70 8.210 1.85 Jan 3.10 Feb O'Brien - 2,765 6.50 7.50 40 40 41% 340 4.75 4.50 4.75 1,145 3,400 1-45 Feb 5.05 May 11% Mar 3.70 May 37 9.00 Mar 6.80 Mar 16% May 7.50 May Aor 41% May Feb 3.20 4.75 May 1.55 26% 31 26% May 4.25 4.25 4.35 4,115 100 78 78 78 35 3.95 May 78 May 20c 19c 21c 21,451 17 %c Feb 30c * 38c 37c 40c 20,800 30c Jan 44c Feb 14.500 7c Jan 11c Mar 92c May * common; pfd Mines Mines 1.45 26% 20 -I Util Gold 5.35 9,160 6,011 Ltd — • 8c 7c 8c 1 Mines 78c 73c 83c 1.35 Feb 2.10 30 Jan Feb 4.50 May 83 Jan May 21,335 50c Feb Feb 30 Jan Ogama Rockland Gold * 11c 10c 11c 28,000 10a Mar 23c Jan Mar 43% Feb Oil Selections * 12%c 12c 15c 224,468 12c May 20c Jan 1 — 29c 31c 4,500 26c May 80c Jan 22% 21% Oka Rare Metals Mining Okalta Oils 8c 6% 6% 9%c :v __ 3,371 16 23% 4,930 16 9%c 22,500 8c 100 - 12c 12c 14c 1.28 1.39 36,185 91c 1.00 5% 13,500 1.31 __ 32c 14c 14c 32c 36c 12c 1.10 4,600 80c May Feb Mar * Jan May Apr Feb 22 May 23% May Jan O'Leary 6% May Ontario 13 %c 20c Jan 1.70 Mar 1.49 Mar 8%c 9c 2.00 2.05 B 47c 45c 50c 32,300 13c 14 %c 24,850 23c Jan Ontario 80c Jan Ontario Steel Products common 11c Jan 98c May 1.21 28 Mar 32% Jan 28 Mar 35 32 31% 33 2,748 1.46 .1.55 1.05 1.05 7c 7c 7%o 24,500 7%c 7%c 8c 136,000 1.54 1.40 1.54 44,640 22c 26c 22,300 8 400 45c 214,150 9%c 10%c 10.250 ™ 1 ; Mining Corp 45c 9%c • 7% 36c 22c 23c 8,300 1 1.44 1.42 l li%c Maybrun Mines common 37,970 12c 18,250 7% 7 7% 2,630 82 82 83 290 1 Preferred 1.50 lie • 100 com 46c 45c 49c 33,7 uO • Preferred 100 Porcupine • 46. 91c Mar 7c May " 1 Ltd 1,48 May 5,850 2,600 • 77 — 97 75c 5,850 8% 8/4 8 8% 8% 8% 50 25 25 25 315 — 26 26 150 Ouemiska Debenture —* Copper —1 400 •; 4 50c Osisko Lake 2.85 Jan 47c Feb Jan 8% Mar 2.40 95c 9% Jan May Jan 8 Mar 25 May 28 Jan 22 Feb 26 May Apr 9% Jan 11„« 11* 9,574 2.75 162 31c 29c 32c 50,600 18c —1 50° GGc 50,250 26c Jan 69c May I 5Gc 46c 38c 54c 234,400 27c Mar 54c May 1 15c 15c 16c 184,917 9c Feb 16c 1 30'/a 27 % 30,4 40,708 16% Feb • 140 137% 143 1,416 :_—* I Minerals Pacific 11% Apr 1 Crush Gold Orenada Ormsby Jan Jan 1.90 : Eastern Mines -- 2.75 9.35 2.50 Feb Jen Feb 15 3.15 Jan 37 Vac Mar Jan 220 • Ltd Jan 8,100 1 Mines 18c Jan 1.03 1.05 1 65c May 32% 1.47 * Jan 2.10 1.00 1 common 8%c Feb 70c; 2.34 28c „ * 32% 10o Ltd 45c Feb 75c 10 Jan 1,72 21,085 —— May & 93,100 2.10 20 — preferred Loan 16,040 41c 1.95 ' Preferred Class 2.84 35%c 2.00 90c - common— 7%c Apr 7,800 __ ;— 2.70 39c • 10 Warrants 2.75 —* Malartic— Jockey Club 14c 9,298 2.05 1.02 1 32c 2,800 27 8%c 1 Goldfieids 50 6.10 16% 41 * Mines page 7.50 !— 7.05 5.70 14% 27 • see 40,505 16% Feb Apr 300 1 Mines Bloedel class A footnotes 7.55 • 1.63 855 1 Mages Sporting Goods Magnet Consolidated Mines Majortrans For Feb Lake Mines Orange Frontenac 99c 22 » Cockshutt Gold Mclntyre 269,144 Feb l&ar 84c 42 1 B Maritime Mar 28% 1 Martin-McNeely Mines Massey-Harris-Ferguson Ltd 48c 41 • Mines Oils 6,560 — 1.58 28% 1 Explorations Mines 63c 1.63 1 21% 28% 1 Milling 56c 1.40 20c 42 ; Mines Uranium 3.50 21% 1 Gold field Maneast Jan • — Malartic 2.45 Northwestern _♦ Mines Gold 1,680 20 * Lake 3.05 Feb 12c Jan 3.00 20 28c Mar 3.05 125 90c 65c 85c ————————— Northern Canada Mines 12c Feb 5.90 — Jan May Apr warrants 36c 32c 8,900 4.80 Northern Quebec Power Northern Telephone 10,725 Jan 40c 41 %c 19% May 13 May 18% Feb 91c Jan 1.59 40c — 1,955 Jan " 6.95 Feb 2,935 17% Feb Feb 1.09 , _ 42c 495 ' 4.25 114,583 . 5.15 400 20 2,305 1.31 5.00 2,920 20 4.50 1.15 41 %c 13 Jan 3%c 4.35 — 5.10 19% 9 Jan • 18% __ Marigold 19 Jan 8%c * Ltd Preferred 1,150 T 1-29 Warrants 4.15 2.30 47 5.00 ~ 4.50 _1 Star Oil common 4.05 2,409 Apr 50 Lyndhurst Mining Co_ Lynx Yellowknife Gold Mines—, Leaf Jan 19c 1 Northspan Uranium 1 7.40 Class A warrants——————5.75 North 2.15 30 Long Island Petroleums Maralgo 3.35 9c common 12% Explorations Madsen Red Mar Oils 4.05 • 1st preferred preferred & 15c 6.25 May l Hosiery class A Marcon 2.45 May 25,500 : Oils 18% — Macmjllan Jan Ltd 13 : — Class 3.35 8,700 9%c Rankin 2.30 * A Macleod 5,450 2.62 9c 1 Mining 18% Long Lac Gold Macfie 3.75 Mar * * Mines Macdonald North 1 Mines—— Macassa Northland Jan • Gold Louvicourt Jan 1.85 36c 3 11 Gold Warrants 1.60 Feb May 2.45 Ltd 20 . Petroleum Uranium 11c Jan • ; Lencourt Cos 13c Oils 90c Apr 2.65 26c 9c — Mines Canadian Feb 1.05 & Warrants.— 18 6.10 1 Loblaw Groc - 24 % May North • Mines Lexindin Lorado 19% 23 1 . Gold Class B 18% 1 Mines— Mining Gold 19% 12c Feb Apr 2.55 Mining Corp 26c 24 % 3.70 1.85 20c 1 * May 1 Mines Lawson & Jones class A Lomega 8,048 1 13c _i —— London 10,768 24c 1 61c 95c May 2.43 3.55 Mines Oil 15,500 2.35 20%c .. 1 6,100 2.80 Jan —1 20,300 Feb 1.34 Jan 5c 2.35 :— 77c 2.00 11c 3.55 Mines Norgold 4,100 7%c 21 %c Corp Jan 13c 7c * Ltd Mines Jan 1.00 12c — 1 Mines Nipissing Mines Nisto 12%c —1 Mines Rim 2.35 1 Laurentide Acceptance class A Preferred Class 1 1 14c 15%c 1 Mines Secord Loblaw !. 72c • Mines Lamaque Liberal 9c Merger 2.15 • Mines Shore Leitch : Senator Rouyn 15c 5,950 ' iK,«.»?',"♦ Mines 1 Mining & Exploration Wasa Luz Gold New Rouyn 1 Bay Lingman Gold Mines Laura Exploration 72c Dufault McColl 62c 81c __ 1 Hudson Cinch Maple 1,68 1 Minda-Scotia Northcal Labatt Little 55,100 2.20 14% 1 _ Copper Labrador (Sir 58c 2.05 1 Gold Kirkland Minerals La 47c 2.12 . 15o Jan Manitoba Gold New Jan 47c Feb 84c Apr 96c ? Mar 16c 78c Warrants Lake 52c 16c 84c 1 Mines Kirkland. Lake 47c * I - Apr 1.30 Jan Mines— Kerr-Addison Kilembe Lake Jan 38c Nor Acme Gold Kenville Lake 54c 22c _1 —— - Lake Jan 1 ; Jowsey Mining Co Ltd Jumping Pound Petroleums—Jupiter Oils Lake 19 %c 1 Jonsmith Mines Kerr 24c 1 Ltd Mines Joliet-Quebec 20%c 1 (1939) Gold 20%c 26,040 23,350 6%c Apr 1.25 May 13c Jan 6% May 2.05 Pacific Page 1.30 May Petroleum Tubes Porcupine Pamour Western Jan Pan lie Jan Paramaque 1,79 34c 8% Mines Jan Parker Amalgamated Drilling 62c Apr Pater 15c Jan Paymaster 36%c Jan 6 Feb Feb F°b 79% May May 2.08 Jan Pembina Pipeline Jan Penmans 86% Feb Permo 89c Jan Perron 76 79 96 96 25 90 % May 96 97 1,885 71% Mar 97 58% Jan Peoples 82- Anr May Gold Peruvian Petrol Oil "MIUds Ltd new com 42c Feb 57c Apr 10° ?10 21c Jan 52c May 10c 10c 10%c 5,000 8%c Apr 13c Jan 10c & Oil preferred Mines & & Gas Co 8c 7%c 8c 16,250 7c Mar —-—1 95c 95c 1.02 20,617 54c Jan 4% 4% 5 350 Minerals Ltd 1 70c 80c 14,] 00 23c 20c 23c 18,794 —1 15 14% 15% 19,090 1.25 16 70c 16 16% 6,360 26 26 100 -* 20 20 20 25 2 3.05 3.40 —* common Oil Oil 1,950 52c 1 Gas common Credit Gas 44c 46c * Mines Nat 15%c 7% May 44c Jan ' Mines Consol Rr/er May — 49%c ——1 Uranium Jan Feb May 30% May 143 1 Pardee Apr Jan * Mines Parbec 19c 100 10c Feb 30c 1.33 —— Oils Apr 9%c 11c , Hersey ll%c 93 % 1,845 Jan Jan 1 —1 — — 3.75 27,330 60c 64c 96,150 1.60 2.22 4 * 1.00 1.00 1.15 55,075 1 1.50 1.50 1.60 18.700 2.11 4,900 4% May 55c 18c "9 16 23% 20 2.30 27c 1.20 95c 1.40 Apr Feb 1.28 May Jan 6 95c Jan 26 %c May 15 % May May 18 May Apr 26 May Mar 23 Feb Jan 3.90 Jan 70c Jan Feb Apr May 2.23 Mar Mar 1.50 Jan Jan 1.83 Apr 43 The Commercial Financial and Chronicle... Monday, June 3, 1957 (2596) CANADIAN MARKETS RANGE Friday Last STOCKS Sale Price Pickle Gold of B C Uranium Placer Development Ponder Oils 700 Feb 1.15 1.60 May Class 10c 79,200 15c Jan 10% 3,125 10% May 13% Jan 60c 68c 5,400 55c 75c Jan 43 41% 43 3,825 38% Feb 46% 83c 21,300 50c Jan 85c 55 Jan 76% May 72c 435 Mar Jan May 4.65 900 9c 15,075 1.20 1.45 6,450 1.10 May 7.55 8.25 6,810 6.75 Jan 6.65 7.10 4,405 6.50 Feb 2.50 2.90 2,020 2.50 Jan 3.95 Mar Ultra 1.74 7,050 1.16 Feb 1.75 May Union 3.60 122,881 12 %c 14c 14,000 11c Jan 18c Jan 28c 33c 6,630 28c May 33c May 1.10 1.19 37,000 63c 70c 6,500 32,700 8 15 6.80 2.60 1.72 1.61 3.60 3.20 12 %C Border Gold President Electric Preston East Dome Pronto Uranium Mines Premier — Warrants Prospectors Airways Provo Gas Producers Ltd Purdex Minerals Ltd 7c Apr 1.70 Mar Trans Prairie Jan Triad 1.50 Jan Tribag Apr Trinity Uranium Radiore 1.15 1316 c 12c 15c 8.75 8.60 9.00 36c 39c 2.1S 2.25 8,360 May 11c 8,400 2.25 1.10 May 63c 1,820 36c — 13% 3.75 Apr Jan 8.00 Feb 36c May Feb 1.79 2.34 Jan 1.25 Jan Mar 28c 10% Mar Jan 80c 2.87 Feb 18c 1,134 17c Feb 27c Apr 12% 13% 2,855 12 May 19 Jan 1.00 95c Feb 1.49 Mar 70c Mar 1.25 May 14,200 55c May 1.05 1.60 1.68 12c 12c 12c 1.45 1.45 1.42 93c 1.71 1.95 15 %c 13c 18c Mines 65c Uranium 71,931 5,010 21c 44,000 16c 1.65 73c 23 12 %c Oils 42% 17% 2o0 Mining 39 Co 20c — Royal Bank of Canada--. Royalite Oil common 1 , 76 % Jan 1.00 May 2.10 Mar 1 23c 75c Jan 35 c 50c 1.82 May Jan 1.00 25% May 25% 15,890 16% Feb 23,500 9c Jan 15c Feb 21c 39,200 9c Jan 25c May 75% 77 3,418 Mar 77 May 17% 18% 31 31 64 — 23c 1 16 Jan 20 Jan 27 3,490 550 Industries Shawkey Mines — St Lawrence Jan 36 Mar preferred Union — Michael San of Sand Sarnia Saskatchewan 6.80 1,350 5.50 Mar 27 27 100 25% Mar 29.% 9 24% 23% 24% 2,510 19% 24% May 1 15c 18c 58 63 16,669 4.80 I,235 Class B United Estella Fuel United Class B United 25 —— 4.60 4.50 50 Hill— Montauban — 15c 57% 62% • — class A pfd—. preferred Keno United Mines Inv Mines Upper 2.70 3.00 31,750 2.10 Vanadium Alloys Vandoo Consol Explorations Ltd: 31,374 Ventures 170 67c 3,600 3.80 3.80 100 10c 3834 12c 39,680 10c 41% 11,166 5 150 18c 20c 99,100 18c 1.60 1.68 11,750 1.30 Sherritt : 12c • Violamac 40% — Vulcan Oils Amulet Walker 77c Preferred common G & W_ 3.90 4.05 8.00 7.65 8.03 Lake Nickel-. 73% - Breweries Sicks Silver S K B Slater 44% 19,357 3,185 105 24c 7,500 1.95 1,000 685 280 21 900 13c 18c 65,800 * Stadacona Stanleigh Stanrock Feb 9 May Apr 18% 19% 2,715 11 85c 36c 36,853 42% 880 Gold Mines May 3.5U Feo 1.30 1.39 105,150 60c Feb 26c 28c 117,900 10c Jan 23% 24 380 69% 73% 21 22% 14% 147 35c 39c 24,250 30c 14,000 9%c new 98% 75 7c 1,078 3.55 3.65 1,700 1.57 1.42 1.59 28,550 38% I 9%c I 38% 220 9c 9%c 10.849 53c Mines 51c 55c 9,875 9% 9% 560 1.75 1.78 17.135 3.30 3.80 3.650 80c 2 1.65 3.50 Calgary 76c 84c Co 64,605 70% 70% 50 99c 94c 1.00 7,350 4.00 4.00 135 21c 18%c 22c 222,833 „ II—I Thompson-Lundmark Thompson Paper ~ Tiara Mines Tombill Gold Mines Torbrit Silver Mines - I Dominion Bank Elevators Trust Works 37% 9% common Teck-Hughes Gold Temagami Mines Class 96 Jan 15c Feb May Mar Jan 6%c May 3.50 ; common A Towagmac Exploration 55c — 43% I__ _IIIIIII — — — 29% — 32c 1 y 4.10 45c 7 Jan May May 2.00 May 4.50 Apr 21% Apr 99 Apr 12c Apr May 5.50 Jan 1.10 Jan 1.72 Feb 37% May 9c May 35c Jan 9 Jan Brown Co Bulolo Feb 1.15 10c 24c 6,500 Feb May 2.90 Jan 1.84 Mar 25c 19 May Jan Jan May 39% May 2.60 Jan 10% Apr 1.60 May 10c 6,000 1.68 26,670 7c 4,800 6c 32c 35c 32,100 23c - 9c 37c Feb Jan 16c Jan 9%c 9c 13c 1.35 Mar 1.93 Jan Apr Jan May 10%c Apr Feb Jan 40c Apr & Canada Bronze General Canadian Industries Canadian Marconi Canadian DuEont 55c May Pato Wire Flour Consolidated Fend Feb Price Bros Third Canadian Jan Yukon 70y2 May Zellers 3.70 May May 18% - (1956) _ Oreille _ May 36c . _ 63c May 19c Jan 34c May 47c Feb 42 J/4 May 49 Jan 19 y4 19% 19% 20 540 18% 20 Mar d Deferred 50 221/4 886 20 Feb 12 %C 12 %c 1,382 12c Feb 32 Jan Feb Mar Mar 20 2.229 3.65 3.75 500 48 48% 173 36 Jan 35 34% 3d ^2 1,805 34 May 38c 32c 38c 19,033 26% 25% 26% 4,543 29 29 150 15% Mar 3.10 May 20 Jan 20c 19% 28 Jan Mar 52 Apr 39 % Jan 50c Apr 27% May 30% 22 755 16% Feb 22 32% 32 % 400 29% Feb 37% 25% 185 -7.50 98 90 98 225 —5 63 % 59% 63% 1 FOR * a 1.411 4.7% 4,411 64% Mar 3,655 28% 42 45 355 40 Mar 46 Jan 34 % 34% 35% 828 30% Mar 38 May 4.10 4.10 4.25 1,812 2.70 2.70 2.75 890 51 50 52 1,950 6 5% 6 1,905 60c 89c 39.200 29% 30 250 1 82c OUT-OF-TOWN No par value. Feb Feb 4.10 May 2.50 May 49 Apr 5% 54c Apr Mar 23% delivery sale (not included 36 May May e Mav f Flat price. Feb r CANADIAN Jan 64% May 93% May 34 5.20 3.40 59 89c 30 in year's range), Selling ex-interest, Cash sale (not included in x Ex-dividend, y year's range). MARKETS Admitted to unlisted trading privilege wi When issued, Ex-rights, z Ex-stock dividend. .* pr Apr "an Jan 6% "'ay Ex-liquidating dividend. tUn) wd When delivered, 31 23c AND t Odd lot sale (not included in year's 30 Jan Jan Jan 31 * - 29 103% 93% _ Corp_— May May 82 __ • Trust- 25 90 Feb May 30 93% Mines May 4.10 May ■ 21 % • Jan 30 May 31% May 22 range). 225 20 % 28 — 7,368 31 Jan 26 ♦ 4.600 30 17% 15 .2.50 _ Apr 35 605 ■ 4.50 25% May 27 * _ Jan Jan 31% _ 24,000 36 3.85 32% . - Paper FOOTNOTES Jan Feb Mar 14% Mar 25 % _ Gold 17 Feb 21 * Consolidated Apr 27 _ _ Inv Jan 35 29% _1 ! Gen Jan 10 % 30% * _ Mines 39% 30% * Ltd- _ Gold 15% High Apr 8 % Mar Jan 4.10 _ Linoleum & common. Apr 16c 18% * Weaving Jan 1.25 1,580 _ 1.95 98c 700 23 % ♦ Ontario 4.90 Feb 4.15 22% _ & Jan May 4.05 23 * Paper Feb 80c 3.155 16 4.15 9 Prods 1.60 58% Mar 16 1 1 _ Canada Inc Ogilvie 2.720 31% 27 International Utilities Mar 31 ' of Steel 16c 30% _ Paper International Niagara 31 Oil Co Loblaw 3,136 * __ common _ Copper Mines Hayes 670 8% * Investments Bridge 41 % Mar' 10 - Westinghouse Gaspe 34 8% common Oilcloth Low 33 8% • Range Since Jan. 1 High 18 V4 Canadian Dominion Sitares 331/4 J.; Dominion for Week 5 _ Canadian Dalhousie Sales ltange Low _ Dredging. Consolidated Week's of Prices * Dominion Sugar Vinegars Funds 5 _ Gold Canada 3.00 5Gc Last Anglo Canadian Pulp & Paper Anglo Newfoundland Develop Asbestos Corp 40c . 75c 10% May 7c Par 59c 30 10c 1 Saie I'rlcc 44% 36 19,300 1.55 _ Friday 34c 29% 3,600 1.57 stocks 43% 53c Jan 37% May 4,520 25c Apr 10V4 100 1.42 Canadian Minnesota Mines Toronto Iron 17 23 % May Jan 3.50 May 2,450 May Jan Jan 95 11c Jan 59c 2.75 May 35c 300 7c common General May 17% 1.35 1.60 98% 1.46 May 34c Mar Feb 4.20 21 Feb % May 4% 1.50 5 Gold 14 825 3.65 Gold Industries 1^% 20,757 4.00 19% Apr Mar 7%c Mar 6,595 10 5.00 5.05 Apr 6,120 4.20 —„— 6.40 73% May 11,490 6% 1.05 10% 1.35 10c 'n 9 Jan 25% 45c 5% 42c 42% May Feb 3.00 20c —1 \ Mar May 35c — 78c 60 2.90 19% — Pearson Toronto lie : Mines Jan 6,258 40c com Taurcanis Mines Toronto 9c 1.00 10% 24c __ 1.35 55% May 23 % 2.95 Ordinary Tamblyn Jan 3.50 1.60 Cons 3.15 8,340 11c Petroleum Sylvanite 16,435 Jan Mar 1,550 39c Warrants Inlet 27c 34 21% . Switson Feb 4.00 Contact Preferred 21c 3.95 9c 11c Feb 93% Mar 12 Jan Jan 3.65 . Cons 30c May 3.50 - Mines—. 21c. 1.00 May Toronfo Slock Exchange—Curb Section Apr 72% — Feb 1 : Jan 55 Jan 14% — 10c May 6% Mar 1.82 Apr 15c 47 3.70 — 19 9%c May 3.90 1.35 51,200 1.05 • - Oil Bear Apr 40 26 %c 15c 16%c 8c 8%c 90 5% May 33c Exploration Superior Propane common- Toronto 1.03 35c —— 1,500 5 ——— Metal 40% Gas A Zinc & Mines 158,850 RJver Supertest Lead Yukeno 62c Oil Sullivan Yale Zenmac 58c _. A ♦ class Ltd May 60c Jan class Woodgreen Copper 10% May Sunburst Texas 20 % Mar Canada—. Sudbury Indus Mines 8 17% Mines Canuck 2,810 Steeloy Mining Steep Rock Iron Texas Jan Gold Yankee 10% & 1.10 Windward Yellorex 10 Bros 1.00 Winchester Larder Yellowknife 10% Ltd. 4,000 16c Jan Services _ 130 4,790 2.00 1 Jan 60c Nickel—. Sturgeon Wiltsey Coghlan Jan May Mines 91 11% 1.90 1.05 11% 34c Uranium 90 9.80 __ Warrants 11 5,500 Oil Taylor 3.00 May 90 - 1 (John) Jan 29 10% — — 63c 35c Stedman Tandem Jan 66c Jan 34c Stanwell Stuart Jan 1.05 35c 5.05 19% Mar 18%c May Oils Starratt Steel of May 10 4.50 3,095 Wright-Hargreaves 37c Corp 100 27% May Woodward 16c Uranium 29 Jan Jan 47 Warrants 25% 18',4 Jan 4.55 1,325 —— 26% Apr 3,287 22 3,322 Materials 27 Jan 3.90 17 23 53 & 25% 36% Feb 330 51 Paving 26% May 1.00 Jan 14 38 20c Mines Standard 200 37% 16c Oils-__ 20,725 15 38 175 & 2.64 14% „ Apr 33 40 2.35 14% 1.35 9 100 Mines 34% 2.40 * 9 A 34% * . Jan Wood 14,600 Spooner * - 46c May May lie Air A Feb Apr 28 18% Spartan 25,600 Feb 3.00 10c Jan 47% Union 1.10 Apr Jan 7%c May 1.35 Mar 8.10 52 Southern 99c 1.85 6,63.3 16 9,150 Jan 47 Southam 28,903 26 Jan 36,100 706 Oil 2.57 25 II,500 Jan 70c 48,310 May 9%c Valley 2.41 18% 10c 8,000 5 2.57 Jan 15% May 18% 10 10c preferred 195 May 1.90 17 46c 18% Ltd 26 Jan 1.95 May 14c 10c 19% Roi Van 26 . 53c 18 May 9c 6,850 90c 1,085 Jan 35c ' Feb 10c 10% common Souris 4.00 72c 5% 17 Apr Jan 1.12 8%c 9 4% 15% Feb 4.70 54c 9%c Jan * 10 5% 16 16 %c 1 41c ..... ... 10.600 I 89c —, 27,003 Winnipeg & Central Gas__; 10 Ltd 87,914 14c 1.75 May 10 50 — 41c Apr 20 % 21 A— ,■ 46c 11c 1.65 Feb 24% 16%c class :L 41c 1.85 May 15 May 9% Mar 4.05 Manufacturing Slocan Jan 6.00 May 22% 70c Feb 23c 1.85 Jan Apr 81c 2.75 Mar May 70c 4.00 70c Dairies Somerville Surf May 21 ——- Mines D 41 21% Mines Simpsons Ltd Siscoe 270 22 — Standard Mines Silverwood Class 43 28 20c 24c lie Willroy Mines 4.00 common Sigma Mines Quebec— Silanco Mining Silver-Miller Warrants Apr 95 trust Voting Jan Feb 27% Preferred Jan 5.50 80 28 Feb 9 3.65 41 -2 —— 35c 1.72 B 13% 558 1,700 class class (Geo) Feb 95 14 1,600 1 Petroleum Naco 12% May 91% 78c Grocers Class 100 6.40 1,975 38c 1.85 Warrants 3.00 May 6,440 70c 4.25 35c 13% 74% Feb — May 4.10 May May —9 —; Weston 5.05 6.05 67 y4 22 %c * — 80c 7% May 1,377 1.03 Products Western 2,257 26,290 Jan Jan 2.00 Mar Jan 25c Apr 7 29c Feb 74% 1 Mines—— Jan 3.20 13% 42% ; Jan 2.95 Jan 3.80 May 23c Jan May 50c May 85c May 4.10 — 1 — 15% 12% 70c 27 Jan | Mar 5 May 1.05 May Feb May 3.00 Jan 4.40 May 18 May 65c 22 %c 74% * 1 Western Plywood Co class B— 4.75 13% 17c Jan Apr 21 4,700 — __9 Western 95 — 77c 3,603 3.95 *1 Mines Wayne Petroleums Ltd Webb & Knapp (Canada) Ltd Weedon Pyrite Copper Werner 76c 1 1 Wainwright Producers & Ref Waite 1.68 1 Jan 3.00 6.20 Horsey 20c 1 Mines Jan 1.82 12% Gordon Shirriff 1.73 14% Feb May 6.40 Jan 32% Mar 5 — * Jan 2.50 33,319 26% 65c 1 Ltd Viceroy Mfg class A Vico Explorations Feb 3.60 90c 26%. 65c * — 80 Jan May 5.00 3.15 -50 Scythes common —-—-— Security Freehold Petroleums— Shawinigan Water & Power common— Class A preferred 5 Sheep Creek Gold 1 50 1,422 26% 1 . May 14 % 2,500 438,760 16 4.50 May 11c Feb —2 _. Mines 30c 100 14c 80c Products Canada Jan 15% 65 15%: 13c 1.27 Jan 16 Jan 61 39 Feb 60 122 3.30 Rights Universal Jan 20c Apr 3.75 3.00 Jan %c Jan 56 * 68c 200 2.90 13e — 12 7.15 May 327 ,* —; May 14,000 — Rainbow Oils Ltd Scurry — 1 Oils Steel Corp 45c 430,000 Feb 6.65 1 62 May 6.85 May 24c — Petroleum 30c 86 May May 19c 6.80 Decalta 1.51 Jan 5.60 May 9 Western 61 8% May 1 Mar 18c 62% 6 % Feb Corps Ltd class A— 40c 1.32 2,022 Apr Jan 7 Asbestos May 1.46 Jan United 5 94 Jan May 9.00 United Breweries 13,096 32 Apr 3.85 8,725 Canada 45c 49 %c 185 13,633 Western 23c Eeb 7.25 140 80 Mar 18% 15% Cement 74c 17 89,325 8 %• 20c 98 35,600 — Feb _ 6.40 Jan 15 % May 61% Bridge 26c 67c 6% 60c 19c Westeel 29c — Jan 5.60 Malartic 29 %c Gold River Debentures May 33c 77% Maygill Gas Oil 45c Sapphire Petroleums Ltd 55c Feb 80 West 23c Gold Mar 19c * . Jan 26c Ltd Mines 28c 20c _1 Canada- Mining Corp Jan 130 Apr 5,280 6.25 Gas Union 12% 96% 34c 4,210 &%- 17c 96 Apr May 47c 27c 6% Feb 4,755 21c 145 42c 22%c — Apr 16% 10,500 Apr 3.35 May Feb 3,356 — 10% 16% Fea 104 11,220 67c lie 987 7,227 16% common Uranium Antonio 11% 11c 12 %c 11% 16,945 Jan 3.25 30 * - Wesley Mason preferred100 Wespac Petroleums i-aa——■* 96 Corp class A pfd 5% St 12 %C 2.0J 154,895 29c Jan 7.80 _* Acceptance common— 2nd — IIV2 — Mining Ryanor 1.20 17% Mar 27 7.60 1 22,0ol May 43% Apr 17% Mar 258 7.40 29% r 1 West — 24c 25c 40 Mar Apr Mar Jan 11c 12 %c 31 2 1.90 May 2.05 17 %c 18% Preferred Russell 2.80 3 25 125% ——* Ltd 42% 17% 2.50 2.90 2.90 3.35 120 128% — * Chibougamau High 42% May Apr Mar Jan Feb Jan 21c 67c 547,937 106,980 1.90 23c Feb 50c 18c Apr Apr 12c 1.36 25% — Mines Consol Jan 1.25 May 9,172 70c —50 Pete Ltd (A Vr Can Ltd Roxana 37c 18c Rocky Rowan 67c 200 1.59 — — Mines May 1.45 May 1.25 May 132,000 1.85 Feb J 2c 1,400 74c . Mines Ltd 1.35 16,100 22,000 80c — Rockwin Roe 24,600 15,133 64c 1.40 Athabasca Rix 1.05 1.25 55c 1.60 Uranium Rio Rupununi Roche 96c 1.00 64c Ltd- Mines Rexspar Richwell 42% * United 1.25 Mines Rayrock Mines „ —-— Reef Explorations Ltd Reeves Macdonald Renabie 37 36% 8.35 Mar 18c Ltd— Mines Earth Mining Co 25 * Pipeline United Rare 3,647 40 —* Oil 8.80 42% 40 1 — Apr 5.90 13c 40% 40 Rights Quebec Ascot Copper Queoec Chibougamau Goia Quebec Copper Corp Quebec Labrador Develop Quebec Lithium Corp Quebec Manitou Mines Quebec Metallurgical Queenston Gold Mines Quemont Mining Rainville Ltd Low . 40 - ——— 76% 3.95 Mar ' Trans Mountain Oil Pipe Line Transcontinental Resources 7c Range Sirce Jaa. 1 High 42% :—————— — Explorations Trans Empire Oils 75% 9c Low • _. Canada 4.25 76% , A B preferred Rights Trans Shares * class 5% 10c 1.66 Finance Traders Jan 1.25 May 7c Jan 77c Gold Rouyn 13,555 60c * Corp Oil Roy Power 1.39 1.36 for Week of Prices Par High Sales Range Sale Price 10% — River Powell Low High 1.25 —t-— Week's Last STOCKS Range Since Jan. 1 Shares 1.25 10c Pitch-Ore Prairie for Week 1.25 Pioneer Powell Range oi Prices 1.25 Gold Mines Crow Sales Low Pa MAY 31 FOR WEEK ENDED Friday Week's "'ay y Volume 185 Number 5643 . . The Commercial and Financial Chronicle . (2597) national list of over-the-counter securities Quotations for Friday, May 31 not d° bought (indicated by the "asked") at the time of compilation or Origin of which have Aero vex Corp Air Barge Line American Box Board American Co & 34 36% 27 Hudson Pulp & Paper Corp Class A common Co 297'8 38% Hugoton Production 40 >4 Husky Oil Co 52 74 Public Arkansas 28% Avon Aztec Oil Co Bausch Bell & & Investors Class 36 V4 3874 42 45% Iowa 19% Southern 7% Jamaica 6 6% Jefferson Co__10 21% 2374 _10 12% 13% 10% 874 5 43 46% Black Hills Power & Light Co__1 Black, Sivalls & Bryson Inc com 1 Botany Mills Inc 1 23% 25% 3074 32% Bowser 25 16% 18 10 25 27 preferred Sharpe Mfg Co Co 1 Beryllium Co __1 6% 7 74 7% - 15% 8 * _• 35 Inc 10 40% 43 Corp 1 14% 1674 17% Stanley 103 % 99 28% Steel $1.46 Stanley 30 Coll15 Strong Cobb & Co 2174 22 % Struthers 11% 12 33% 3674 Co 5 11% 12% 774 'III1 24 25% I 60 63% • Castings Co California Oregon Power Co__zo California Water Service Co__25 33% 3574 39% 42% Calif 2074 2274 Wat & Canadian Telephone Co_12% Delhi Petrol Ltd—10c 13% 14% Canadian Superior Oil of Califll * 21% 23 74 Corp Carpenter —1 Paper Co Ceco Steel Products 8% 9% 1 39 74 10 Corp 37% 22 % 2374 Cedar Point Field Trust ctfs 8% 9% Central Electric & Gas Co__3% 16% 111 & Gas Co 31 33 13% 1474 Elec Indiana Gas 10 Co 5 Louisiana Electric Co—5 Central Maine Central Public Central Soya Co Power Co 23% 21% • 30% 3274 10 21 % 23 6 1674 18 1 4% 5% 3374c 15% 1674 Telephone Co Vt Pub Serv Gas Util Co Common Corp_ Co cl A com class B 3374c Clinton Machine Co Collins Radio Class B Colonial 40% 22 20 Central Chattanooga 37% 10 Utility Corp—6 Central Citizens Co 16% 7% 8% 1 com common Stores 1574 1 A 2374 25% ,1 2374 25% 2 74 Inc Colorado Interstate Gas Co 24% 25% 68 72 V 5 Colorado Milling & Elev Co—-1 Colorado Oil & Gas! Corp com—3 21 22% —25 21 33% 22% 3574 Commonwealth Oil Ref Co Inc_2c 4% 574 $1.25 conv preferred Connecticut Light & Power Co_« Continental Transp Lines Inc—1 1874 19% 8% 974 Copeland Refrigeration Corp 1 Cross Company ——^5 15% 36 74 16% 39% Cummins Engine Co Inc 60 63% Cutter Laboratories Common Ltd _5 vtg—_ 1 com 8% 1 8 74 9% T Glass Fibers Co Landers Frary & Clark Lau Blower Co Le Cuno Corp Loan Corp Liberty Lilly (Eli) Lithium Thermo 27 Three Lone Star —25 — 13% 16% 14 5 % Maremont Marmon cl B__5 com 65% 62 74 32% 35 7a 1 3774 3974 -1% iflc 1374 14'/« Automo McLean (R R) & 1 Sons Co„5 Broadcasting Corp Dunham Bush Dynamics _1 Inc 2678 674 1 29 2 Inc Corp 10% 277 a 77 a 307a .11% America of preference 2 Nat Gas Co 16% 1 Utilities Electrolux 9% 50c Industries Inc Eastern 19'4 10'4 21 32% 34% 1 1174 Co . 1 2274 24% 49% 53 1 874 9 10c (Texas) Co • 7% Mfg Co Empire State Oil Equity Oil Co Natl Co 30 74 3274 23 25 74 * Mfg Co Federal 13 A 6'4 6% 74 '4 117a 12% 11% 12 7s 3674 39% 5 x33% 36% 5 20% ... 22 7z 1 Mortgage Assn_100 25 74 5 22% 24% 1 16(8 I 10'/a 5 1 Co 18 30 26% 2774 19% 109 Co Chemical !•■:. 24% 1 Co„ 23% 2 Inc Utilities 1 _ Mountain Fuel Supply Co _1q National Aluminate Corp National Gas & Oil —2% Corp 5 National Homes Corp A com_50c Class B National New common Shirt Eng & File Oil 23% 874 25:4 97a 25% 26% & 3574 38'4 18% 20% 21 22% 19% 11% 21% 8 Assoc Corp Gas _ 17% 12% 18% • Elec Co American North Penn 50c Shops of Del—_1 Gas Thermador Nortex North 24% 2(5% 12% 13 "4 10 10% __50c Corp 1 Coal 1 Gas Co 16% 17% 5 127i, Northeastern Water Co $4 pfd_* North Indiana Pub Serv Co • 69% 74 74 30% 4J.%' Northwest Production Corp Northwestern Pub Serv Co 1 3 Miss River 734 16% 17 7.. Prod—lc 6% 14 74 Otter Tail Power Co 13% 674 Old Ben Coal Corp • Opelika Manufacturing Corp __5 Pabst Brewing Co Pacific Airmotive 7% 87a Foote Bros Gear & Mach Tool Pepsi-Cola 14 7 s U 7a 15 74 15% • 55 59 72 Pioneer 54% 58 Plymouth 22% 2374 Polaroid Corp_2 Natural 6% 6% 874 974 31-a „70c Gas 23% 33% £4% 1 16 1 11% 1274 374 1074 Co Co _. Corp • 2 1 28% 5% 170 17% 30'4 b 74 176 21% 23% 1 52 55 % Paper_10 Portland Gas 81 Coke Co 19 Portland General Electric Co_7% 29 32% Potash • 17 1874 Pub Serv Co of New 1 33% Hamp 5 3674 17% 1874 Pub Serv Co of New Mexico 5 10 Mineral Wayne 15 23% 2474 K. 74 Punta 20% 22 74 Purolator 36 39% Co Corrugated Co Packing Co Gas Service Co Controls Co 5 General Crude Oil Co _2 '4 General Gas Corp. —2.50 Co of the Southwest 874 9% Genl Tele preferred Portland Great Western (A P) Co Financial Gulf Interstate Gas Co Gustin-Bacon Alegre Sugar Corp 7 7% 1 21% 22% 3074 32 *4 5% 19% 21% a 44% 47% 5 15 16% 50c 24% 26% 1 33% 5 56% 60% • 41% 44% 14% 15% 1 27 29% 1 33% 36 Ya Oil Co 8c Co Swasey Warren Brothers Warren (S D) Co Co Washington Steel Corp Services Jet Inc 35% West Point Manufacturing Co_5 16% 17% Western Lt 8c Telephone Co_10 34 36% 36% Massachusetts 42 44% 25 26% 1 16% 17% 10c 11% Western Cos—1 Natural Gas Co Western 22% 23% White 19% 2174 Whiting Corp 574 Co Wisconsin 67 6% Pow 19% 2% & 18 29 32 26% 28% Light Co_10 Wood Conversion Co 7% 7% 8% • Wurlitzer 12% 5 Williams & Co Inc 6 64 CHI Eagle 1 24 2 357'2 1 23% 5 (Rudolph) Co 14% 10 16 10 10% 1 39% 42 Corp 1274 4674 4974 Riley Stoker Corp 5 28% 30% River 5 15 % 16% 1 774 8% 33 39 42 25c 4% 5 54i/2 Co class A com_10 Corp 64 50c 18'/a 19% Wyandotte Chemicals Corp 8% 67 % Off-Shore Zapata Bank & Trust Par Bank of (San America N'T ft 8 Bank of Bank Co Companies Par Ask Industrial Trust Co Bid (Phila)—a 16 5874 61% 24% 26 53 62 % Long Island Trust Co (N Y)_10 42 46 Ve 10 40% 43% Manufacturers Tr Co New 40% 43 5 24'% 2674 Cleve—16 34% 37 (Newark) _25 37 40% 100 284 York Co Natl (N Y) Bank Co Broad St Trust Co (Phila) Camden Trust (N J)—.. Natl Co Bank 297 (St Louis) of 10 20 Meadow 10 (H Y)—10 Natl Brook Bank 3774 :'.774 40:% Chase Manhattan Bk (N Y)_12% Chem Corn Exch Bk (N Y)__10 48% 50% Mellon Natl Bk & Tr Co (Pgh) 25 Mercantile Tr Co (St Louis)—25 48% 50% Merchants Natl Bk of Boston_10 Citizens & Bk of Southern National Morgan Bank (Savannah) 10 City Natl Bk & Tr (Chicago) _25 Cleveland Trust Co Commercial State Co Trust Co. Bank & 111 of & N Plains N N 5714 (N 29% 33 24 7 4 2674 50 119 2P% 47% Stk Co (Camden First National N Bk of Natl Bank First Natl Bk 59% 6% 20% 31% 34 74 (Jersey 64% 331 City)—25 12 7 74 Brand 10 _5 3 Rice Mills 1674 9 67 65 Louis_„20 59% 4974 York Trust Co Tr (N Y) 70 (Chicago)—100 Co 25 440 N J). 5374 5 15 10 1 74 18% 274 Telephone Corp Rockwell Ryder Co Manufacturing Co Plywood System 10 Natl First Natl First of Bk St (Phila) Trust Co 46 10 off 38 74 20 43% 46% 56% Tradesmen's Trust (Phila) Bank — Bank Natl 135 San Jacinto 3774 10 79% 83 Vt 17% 1974 National Bank (N Y) 2 8% 20 Bank-State Street Second Co 49% 52% 134 140 Bearle 143 8eismograph Service Corp Sierra (G D) Pacific & Co 44% 4774 1 13% 14% Power Co 774 22 23% 9% Trust (Boston, Trust Harris 31% 48 51% 32% 35% 44% 47% 28 31% 5 Corn Bank Tr Exch 28 29% State Bk_15 (N Y) Hudson New of & Sav Bk Bk Natl 47% Bank (N 50% 65 20 County York—10 Co Co Industrial Bk of Com Industrial Natl Providence R Bk Bk Co Trust Co 4G4 29 31% 53 58% 15% 17 33 36% 3274 34% Union Bank City)—8 (N Y)—10 United 25 Tr Co 8c 37 40% (N Y)—10 20 21% New of of No Bank Jersey Amer 2% Tr 10% For footnotes see 42 Vz 10 of 10 Maryland Trust States Tr Co 45 10 States 22% & list Utility of Your orders & - the - inquiries in the above Securities. Counter are TROSTER, HA 2- invited SINGER & 2400 Members: N. Y. Security Dealers Association 74 Trinity Place, New York 6, N. Y, 24% 64 CO. 1- 376 67 27% (N Y)—20 Valley Natl Bk (Phoenix Arii)_5 Stocks quoted Over 45% 48% Co— We make Markets in two out of every three of the Industrial 27% of Commerce— Co preceding page. National 11% 26 (N Y)„5 (Boston) United 10 10 Co (Cleveland) Union of I Albany Bk ft Tr Y) Trust 44% 435 10 25 Natl (Union of Natl 67% 4134 (Chi)—100 8c Tr (Jersey City N J) Hudson Tr 66 28 Trade Hanover 62 10 Security First Natl Bank (Los (Franklin Guaranty Trust Co Hartford of Phila Bk 76% 20 Mass) 72 44% 41% Sterling Girard Trust Union Angeles) —12% Security Natl Bk of Hunting¬ ton (N Y) » Y), N Louis 10 Bk Natl Square 20% 1 2 Petroleum — 34% 4% 59 60 of 10 Second Natl 10 New Rochelle Franklin 11% 1874 16% 30 y8 49 1 57 36 St First Westchester Natl Bank 17 V2 5 Corp Inc 73 % 2774 65% First 25 __—a 78'4 19% (H H) Rochester 38% 46-1 _10 Rye 63 62% Paterson 59% Robertson 29% 45% Royal Bank of Canada 71% City Bank (N Y)__20 Pennsylvania Banking of 974 • ' Royal State Bk of New York_5 6774 53 17 Inc__374 Roadway Express class A 25c " 42% Trust Co (Boston).lOO Boston 35% 49% 2974 Robbins & Myers Inc 136 734 15% 28 27 Nat'l Bank Trust Co First & 7.50 Bank¬ J) Rockland-Atlas 32? > 20% 64 % Republic Natl Bank (Dallas) .12 Riggs Natl Bk of Wash D O—25 22 (Atlanta )_10 312 57 74 19 36 36% 10 54 60% 46% (N Provident 33 74 100 42% 33L 58% & 33 33 7a Dallas 59 39 % 317 54% 63 Boston—12 7a 117 54% 8c Y) Philadelphia Natl Bank Pilgrim Trust Co (Boston). 81% 10 of Bank N dT~Essex (Hackensack 73 % 10 Chicago First 78 69 10 J) Bk First Natl Bank of First Natl 20 10 Corp (Minn) Natl Bk 8c Tr 10 (Cleve)—16 Peoples FMrst Natl Bk ft Tr Co (Pgh) 20 Peoples Tr Co of Bergen Cty 51% Camden Commerce (Albany Northern 30'/a Fidelity-Bait Nat Bk & Tr Co_10 Bk 20% 111 25 New 190 Federation Bk & Tr Co (N Y)_lo First 19% Natl Shawmut Bk of Boston_12% Natl State Bk of Newark—12% 40% First 7i New Eng 37% Fidelity-Phila Trust Co Fidelity Trust Co (Pgh) Fidelity Un Tr Co (Newark) Fiduciary Trust Co (N Y) Bank Newark ing Co (Newark 10 Detroit Westchester_5 Trust WV* Y) of of Natl (White Co Bank Bank National 84 74 J) (N Y)__100 City 7774 33% 5 Trust 62 * 73 3.9 Y) Empire Trust Co Federal National 3674 J) Co 8c Co National Trust (Chicago) County Bank & Trust Co (J P) 5 National 10 Bank Trust 66 258 J_25 N Co (Paterson 62 244 Tr Co_12% Y) (N 102 3674 8c 25 Commercial Continental 34% 50 Bank Y) (N Freeport 33% /.97 of 34% Natl 31% Tr (Phila) Phila_10 Centl-Penn County 2074 20 of Bankers Trust Trust Ask/:'.; 18% Irving Trust Co (N Y) Kings County Trust Co (Brooklyn N Y) Liberty Real Estate Bk & 674 Commerce Central Bid A Francisco) 2534 Richardson Co 3074 V-:' 8 38 Resistoflex 32 74 Mfg Co new—2.50 common 1 2574 Republic Natural Gas Co 2174 6% — Co 5% Corp of America—1 Chemicals 22 % 11% Company B 4074 30 Roddis (M A) 19% 2674 37% 1 Products Rare Metals 10c 18% 25% 197b Hagan Chemicals 8c Controls—1 Haskellte Mfg 5 20% • - America Producing Properties Inc Relchhold 10c Corp Haile Mines Inc of 1 Corp_l Fire Brick Co Green Mountain Power Corp Gruen Industries Inc Sulphur Co 20 Cement Giddings & Lewis Mach Tool Co_2 Class 274 Warner li% Bottlers Corp Rubber 2(1'2 ll Indus Lumber 267-; 674 Corp Genera! Pickering 10 Corp Corp Ltd 5 Pacific Power 8t Light Co Pan American Sulphur Co 2% Boston Hanna 29 V* 10% 1 Connecticut fT'.V 774 Valley Barge Line Co Mississippi Valley Gas Co Mo-Kan Pipe Line Co com Montrose 41'% 70% com.l Miss Missouri 14 V8 3874 2% Minneapolis Gas Co Mississippi Shipping Pendleton Foods Fanner Inc_IIII 74 12% Emhart Fairmont 1974 1774 Associates—10 Corp Electric 14 ic Laboratories Oklahoma East Tennessee 52'% 137a 18% Class A common Miles 74 4974 McLouth Steel Corp 374 Inc Bradstreet 47 1 Publishing Co Michigan Gas Utilities Co Miehle-Gross-Dcxier Inc— 2578 Donnelley 44 Inc__1 Meredith 374 Productions—2% Products 34% 1 Prods Trucking Co cl 23% (Walt) Doeskin 407 a 32 16 Industries McLean Nicholson Disney 37% 1 Maryland Shipbldg & Dry Co_50c Maxso2i (W L) Corp 3 McDermott (J Ray) & Co Inc.l Norrls Haloid 27% 4074 1 Gas 6 1 Co Herrington Co 12% Gulf Corp Nat 35% Marlin-Rockwell Corp 2074 Green 9 9% 1 574 3374 Madison Gas & Electric Co Mallory (P R) & Co— 21 574 % King States Boatmen's 19 Giant 9% 31% 34% Transmis Corp_7 Transmission Corp_5 Gas Pipeline Co_l -1774 5% Macmillan Co 11 General 974 X28% % 1 Mfg & Sales Co„_ 19% Garlcck Texas 2474 10c 13 Va Corp 37% Nat Time Inc —10c America- Steel Lucky Stores Ludlow of 5 . & Co Inc Corp 1 Frito Co Gasoline Corp__1 National Petroleum 1 39% 1 Oil 1 Internat Bridge Co Inc.! Chemical Arts Ft Transmis Eastern 39% Minerals Match 5 1 Gas 2574 Detroit Foote 25% 22% 10 1 Inc Corp 2574 9% vtg Di-Ncc Fluor 1 Natural 37 17 First Tampax Texas 2374 15% Paso 6% Corp Inc Industries Inc 34% Detroit & Canada Tunnel Corp_5 Detroit Harvester Co 1 El 6% (Tennessee 37 IIIIlo Co 11% Texas 3 187% Eastern 7% 1074 Gas 5 2074 $1 7% 19% 111 10% 10 % 25% Welex 37 16 — Co 17 74 & I 17% Texas 38% 9% 1 674 Texas Koehring 19% Dun 46 34 1474 3% 93/4 10 Upper Peninsular Power Co 27% 37% Keystone Portland Cem Co„ Delhi-Taylor Oil Corp 1 Dentists' Supply Co of N Y__274 DuMont C43% 5% 24% 35% 10 Valley Mould 8c Iron Corp Vanity Fair Mills Inc Vitro Corp of America 13% (O A) Texas Corp 23% Utah Southern 25% 374 17% Central Central 33 Corp 2% Corp 1 Propane Gas Corp__1 Refining Ce lc 23% Kansas-Nebraska Natural Gas_5 Kearney & Trecker Corp. 3 Kellogg Co __50o Co 28% Wells 3474 Kalamazoo Veg Parchment CoIlo Kansas City Public Serv Co 1 L-O-F Central Sutton Tekoil common Kentucky Utilities 5 Inc Tool — Sugar Corp 23 Universal Inc I 8% _~i ; 3774 & Washington Natural Gas Co—10 14% 36% Greene Suntide 34 Drill preierred United Western 13% 34% Suburban _* 20% 38% 294 United Utilities Inc 27 2.50 Delaware Corp 1674 Supply Corp 25 74 non-voting Statler Hotels 19% 36 United States 35% 1 Products 275 Pipe Lines 7% United States Truck Lines Inc.l 32% Works 27% 1 60c 25 Home 93/a 25% 7 United 10 Steamship 15 5 preferred Kendall & 27% 8% 1 1 8% 21% 274 14% Stubnitz Jervis Corp Jessop Steel Co Kaiser Fruit 30% 7'/4 20 Ask 26 1 39% 28% V • Inc Gas Pipe Line Corp_50c Tucson Gas Elec Lt & Pwr Co_5 1674 2074 30'% Mfg Co Bid Trans 15% 37 V* 28 Standard Register E) Trans-Canada Corp Industries 15% Steel Bullock's Carlisle Stand 24% 13% _ 1674 37% Buckeye Burndy 43% (A 15 19% Co—I Sprague Electric Co Staley 11% Towmotor Corp Tracerlab Inc 2% 1 Electric Tele Co 1674 14 Producing Co__1 States 22% 117'a 874 Co Gas Carbon Common Inc Water Speer 40 Co"II5 Utilities Heintz 6% 10 Mfg & Southwest Topp 10% 5 Tokhelm 67 % Par ■,' .'/■% 27% 15% Colorado Power Co • Southern Nevada Power Co _1 Southern New Eng Tele Co__25 Southern Union Gas Co 1 20% 20% 1.4; * Brunner .4%. Inc Iowa Electric Lt & Pow Iowa Public Service Co v Co„10c Calif Water Co 19% 1 35% 1 Brush 1574 common 33 74 Corp & 13% _i Diver Services A 10 Beneficial Corp Berkshire Hathaway Inc Brown 1 " Interstate Motor Freight Sys 1 Interstate Securities Co II5 267 a 10 $1.20 66% Interstate Bakeries Corp 20% Beryllium Inc 4 74 14% 28% 1274 63% 5074 27 Serv Ask 1 64% Devel Co_10c Pub Southwestern 10 Optical 11% 7474 10 _ 13% 2574 Corp 27 1 :Ho Co 47 rl9%. Co__. Lomb 1 17 % J Gossett 70 Indiana Gas & Water Co International Textbook CollII* 5 Co Mfg 25 1 27% 18% Bid 25 </4 Southern 1 _ 25 % 1—5 Co Bates Southern Indian Head Mills Inc Jack Bareco Oil 32 Co Ideal Cement Co Co__5i Inc Gas 29% 13% .1 Power Spring & 274 1274 * Service Products Mfg Oil & Southeastern 4 Arkansas Western Gas Co Art Metal Construction Co Associated 2974 Shore 23% 3074 26% Hycon South 21% —1 common Missouri 55 74 Ask Bid ifcomposed^f slcuriUes ui securities request. The "NaUonar iist Skil Corp 2 Smith, Kline & French Lab 33 %c 1 A 74 1 Partic preferred Arizona class 371-2 Co____l Develop Incorporated Farms Voltage Engineering 36% 2 AnheuEer-Busch Inc Arden High 4 American Window Glass Co_12% AMP 5% 10 Corp American-Marietta Co American Pipe & Const Research 36% Hoover Co 1 Express Co 434 34 % 5 Co Amer Hospital Supply Amer Par 1 Inc on Par Ask 1 Products American Bid quotation furnished wide national distribution. a Industrials and Utilities Par any 29% 45 Commercial and Financial Chronicle The 46 .Monday, June 3, 1957 .. (2598) OVER-THE-COUNTER SECURITIES NATIONAL LIST OF Quotations for Friday, May 31 Insurance Mutual Funds Par Funds— Mutual 1.74 9.56 1.56 1.71 18.27 16.75 6.09 B-2 3.72 4.07 10.50 11.41 B-4 Mutual Fund Inc—1 Bond Inv Tr of America • Boston Fund Inc.. 1 Bowling Green Fund— 10c Broad Street Investment—*.—1 Bullock Fund Ltd™—-1 11.78 Axe-Science & Blue Ridge 9.93 10.74 24.45 13.23 14.50 7.24 Canadian 14.29 15.45 20.03 22.32 1 8.05 8.80 Ltd Preferred Inc De De Automobile Electrical Equipment 136 400 11.19 18.80 Manhattan 15.60 16.95 18 7.64 xll.00 12.10 8.82 Xl4.u4 8.91 9.76 16.79 21.94 19.00 Stock New 7.23 7.49 of 14.86 16.06 16.10 4.42 8.09 8.79 10.79 2 3.28 3.57 15.28 16.70 13.23 14.30 Puritan Fund 7.35 7.99 Putnam (Geo) Securities- automobile shares—-—-*c shares— *c 1° lc Stock Fund_lo Electronics & Electrical Equipment shares-. lc (The) lc administered shares—lc bond shareslc Industrial Machinery shares.lc Institutional Bond shares—lo Merchandising shares lc Mining shares lo shares lc lc lo equipment shares lc —..——lc Tobacco shares -lc Utilities —lc Growth Industry Shares Inc—1 Guardian Mutual Fund Inc 1 shares stock shares Steel 8.81 9.65 12.52 13.71 12.52 7.35 General Railroad 6.83 Price (T & 8.06 5.71 6.27 Smith 10c 10c H-C7 Series H-DA —2 11.70 15.34 9.29 10.13 22.68 22.91 X14.93 12.34 13.41 54% Inc—1 56 lb • 1.25 9.07 of Boston—1 Fund 1 11.65 B) 12.15 17.88 Fund Fire 4.38 11.24 1 12.43 Hartford Steamboiler 8.15 23 V4 8.91 1 8.91 9.44 9.57 25 '3 9.74 11.62 12.63 P. 33 9.10 Shares_l 10.32 11.46 12.52 1 17.94 19.50 Continental Fund United Income Fund United Science Fund 1 Ltd Canada Fund lo 10.27 11.24 lc 10.51 Growth Fund.lc 11.71 12.81 Institutional Income Fund-lc Institutional Insur 5.85 6.39 1 Inc Income Line 5.50 6.01 Special Situations 11.50 Institutional 15, 3.70s Sept. Fund 3.95s 16, Wall 2.80 of 32% .—2 Y N Fire Westchester 23 34% Co in the 27% 2 —.— Ask 32nd« of a point 1957— 15, l%s Oct. 100.1 1, 14, 100.2 3lbs Feb. 100.2 2lis May 1, 3%s May 1, 1958 100.4 2 Vis 100.1 2 4s 20, 1957 Feb. 100 20, 1957 1958 100.2 99.5 20, 1958.— 1, Nov. 99.30 Sept. 1 97 100% 69.31 100.2 99.31 1972—— 101V2 99% 100.1 100 Central Bank for Cooperatives— Nov. 4lbs March _ 100 1957 3, 1958 1, 100.2 100 — 100.2 U. S. Certificates of Indebtedness & Notes Bid Maturity.— 32nds of a point Oct. 99.31 100.1 99.31 1957————. 1, 3%s Feb. 100.1 1958.— 99.27 1958 14, 99.30 99.29 3%s April 15, 1 lbs Oct. l%s April 11.21 7.30 7.98 1 3 70 9.51 1 13.43 14.64 1, Feb. 97.10 96.18 96.26 95.20 95.28 94.20 94.28 i 1960— 99.18 99.20 1 93.20 93.28 ' 92.16 92.24 91.10 91.18 15, 1959 1959 libs Aoril 1, 1960 1, 15, 99.28 99.30 libs Oct. 99.22 99.24 libs April 1957 1, _ 99.12 99.18 libs Oct. 1, 1951 98.20 98.23 3%s Feb 15, 1962 99.9 99.11 libs April 1. 1962 1958—.,: 1, 15, 1958— 1, 1961 1, ! Inc 99.26 1 90 90.8 : Federal Intermediate Credit Bank Debentures Wellington Fund 3.75% 100 1-57 7- 1-56 10- Bid Due Dated Rate Ask 100.2 Rate 5- Bid Due Dated 3.80% 1-57 11- 1-57 99.31 2-57 99.28 Ask 100.2 99.31 lc 7.05 7.72 Whitehall Fund Inc 1 12.02 12.99 12.99 14.21 Wisconsin Fund Inc l 5.30 5.73 3.75 ft. 11- 1-56 8- 1-57 100 100.2 3.70% 3- 1-57 12- 12- 3-56 9- 3-57 100 100.3 3.90% 6- 3-57 12- 2-57 99.31 100. 3.75% 2-57 10- 1-57 100 100.3 3.80% 4- 1-57 1- 2-53 99.30 100.1 1- 1-57 11- 1-57 100 100.3 3.90% 5- 1-57 2- 3-58 99.30 100.1 2- 4.00% Fund 6- 3-57 3- 3-58 99.31 100.1 3.875% 3.875% Recent U' Industries runirton 99% 100 % 78 % 79 % 1987 99 100 4 Vis —1976 81 82 Power 4lbs_1987 9814 1987 97 'a 97% 99 N Y State Elec & Gas 4%s_1987 Airlines Central Maine Pub Elec 4%s Commonwealth Edison 4lbs_19b7 Corp 3%s Florida Pow & 1975 91 93 4%s___1987 Lgt Pruehauf Trailer lu. li Roebuck 80% Illnois Bell Lowensteln 105 1970 4V2S 97 Telephone 4Vis-1938 47/ss (M) & 1982 96% 100 97 Co ol 1967 88 91 70% 71% 1977 4%i> 96% 97% 99% 100% 79 a4 5s Transcontinental Line Gas Pipe 5s . 5s 1975 1976 New Orleans Pub Serv 4%s_1937 88 S Corp Industries Universal -1971 137 104 104 98% 99% 1957 Washington Gas Lgt 5s 1957 1957 June 27, 1957 July 5. 1957—. — .' 1957 1976 94% 95% 1982 99 *4 100 Vs Power 6.16ft Potomac par value stock fEx-100% & pfd—50 58 lb 59 lb 100 2.44% pfd—50 a Net asset k Admitted Light— Dfd Electric 99.975 9P.919 99 863 99.822 99.807 99.729 99.678 Julv 18, 25, 1957 1957 August 1, 8, - 1957 August 1957 August 1957 15, — 1957 August 22, 1957 September 23, 1957 August 29, — FOOTNOTES FOR OVER-THE-COUNTER ISSUES *No Pacific - — 20, 24, 99.97^ 99.914 99.854 99.813 99.793 99.720 99.668 July 108 5s_ 80% 106 — 139 —1970 5%s 4%s Match 10.13 4 92 13, 1957 June July 11, Arizona Pub Serv 4.80% Mueller Brass 3%s 6, June Amer Underwood 100 June Bid Ask 98% 1971 Am Dollar Value Dollar Value Bid 97 lb Bills United States Treasury 99% 100% Stocks— 1931 Can 1977 Acceptance— — 99 Sons— 4%s National 102% 99 June U Laclede Gas Ask 101% 81% 1975 Hotels 4%s —1977 Sheraton 102'b 1976 4s_ 3 3As Hilton —1987 G~s & 4s-8s Textron (%rro El Serv Sears & 4%_1989 4%s_ Edison Potomac Tel 99% Capital Gas Bell Northwestern 98% Calif Electric Power 4%s Cinn Bid Bonds—(Cont.) Ask 1987 4V4S-1975 Alabama Power 4%S-__ lj Security Issues Bid Bonds— 10412 48 106 49 Stock b Bid dividend, value. to iisting on the New York Exchange d x yield price, Ex-rights, t New stock, Ex-dividend, wi When y • 99.24 - 13.21 1 97.28 97.8 1900— Oct. l%s libs Oct. 1 97.20 1958 lVbs lVbs April 1, 1959—— 1957 15, Ask Notes—(Cont,)- 3lbs May Treasury Notes— 2lis Aug. 1, 1957—_ Aug. 100 Bid Maturity— Treasury Indebtedness- of Certificates Ask Mutual Fund Investors 96.6 lOOli 1972-1967 15, 95.30 100 100.2 99.30 1958. 10, 10, 1958—— 97.2 96 1971 15, 99.4 98.4 99.28 1962 Feb. 3%s 100.2 96.24 95.28 4 lbs 99.11 100 — lbs June 1, 1960 1, 99.16 100.4 95.20 May Ask 100.2 97.26 —— 1959 3Vis May 1, 100.5 98.28 100 — 1960 4s 100.3 99.31 1958 10, Mar. 99 30 1958..*.— 1958__— 100.3 Federal Natl Mortgage Assn- 4.10s 99.8- 99.31 2Vis May 1, 2 Vis Feb. 1, Jan. 99.30 — 1957 99.31 100 1958 Bid Federal Land Bank Bonds— Stock Towne Investing Corp Washington 29% 3.06 Inc Street 109% 314s July 1957 1957. 15, Jan. 2 lbs June 10c Inc & S 74% 26 3 U S Life Insurance 99.31 15, 1957 2.70s Oct. 2s 1( Inc Line Strum Fire U 42 lb 11.22 1 Fund—1 United Fund 88 % 70% Fidelity & Guaranty Co..10 80 % 105 17, 1957 July 3lbs 3 lis Van 22 U S 39% Bid 10.35 Fund of North Amer—5 Co 61% 20% 85 8 5 (N Y) 39% 162 City Insurance 47% 58% — 76 3%s June 24, 1957 Funds Inc— United Accumulated Fund Trust & Figures after decimal point represent one or more United Value 8.64 36% 155% 13.55 Value 2.76 Guar 11.90 Inc Value Line Fund 4.34 —10 10 —10 5 — Hartford Fire Insurance Co a30.21 Television-Electronics Fund Funds Title Travelers */2 1 Inc_l Farnham Fund Sterling Investment 4.78 1 1 Bank 29% 32 44% 13.°8 41 10.40 X2.53 Foundation 37% Marine & 13.96 39 9.49 Incorporated Income Fund Incorporated Investors Institutional Shares Ltd— Inst 35% 27% 9.81 12.75 Templeton Growth Fd of Can—1 Fund Inc 10c Fund of Boston Inc 1 Institutional 5 Fire Accident 3.80s 1 Texas 16.88 Standard 3lbs Sept. 3, 1957— 3lis Oct. 15, 1957 1 Investors Inc Investors 2.75 16.39 Springfield 69% 10 10 Security (New Haven)_: 19% 65 28% 10 32 % 18 68 10 Surety Co 15.54 6.89 17.35 54% 64% 6.25 Marine & Fire 12,13 14.19 Shares 2.49 9.64 Paul 30% a24.61 6.28 8.80 14% 50 —.5 (Jacksonville Fia)_2% 9.40 4.04 Insurance Seaboard 55 a36.il 1 & Clark— Fund Roe 9.85 13 (Texas)__10 (N Y) Corp Reinsurance Republic 2 lib -71 109 51 ... 4.05s Apr. Clark Stein 4.44 20% — 10 5 American 2 lbs Street Investment Corp—• 8.99 ——->*— 36% 34% 105 16.23 ._1 Funds & Stock Fund 7.50 4 Republic & Indemnity 56% 53 lb 2.50 F)_ —* 4 lbs Sept, Slate a24.14 Income Foundation Globe 13.99 Sovereign 1 Haydock Fund Ir.c (S Newark! Glens Falls 12.87 Southwestern 14.41 19 Co Paci.ic Insurance St 1 8.30 13.16 67% 10 2 Providence-Washington 3.90s Aug. 8.50 8.58 lo Phoenix 6.99 Stevens & 563 i. 61% 19% 46% 6.47 9.51 8.70 57% 5 changed to Name Pacific 10.63 10.70 • 7.57 11.29 52% 10 91% 1 of Canada (Edson of N Y_10 87 Fund 10% 89% 43% of 36% 8% 84 —<4 Firemen's 42 28% Co Insurance Fidelity & Deposit oil Md— 10 Fire Assn of Philadelphia——10 Fund Araer Fire Co Fireman's >' ; 34 .10 (Minnt Insurance Pacific Peerless Insurance Co 3?4s June 8.68 8.35 53% 39% _. 50% 47%- : National Life Northwestern Federal Home Loan Banks— 7.75 10.31 96% 57 — 29% Federal : 18 ' 92% Northern 37% 32.53 Shareholders Trust United Income 9.73 Inc— Hamilton Funds Series i Fund Inc„_— Common Northeastern 27% 32.20 Stevens Scudder, 74 lb —— 4% Inc Fund 12.50 North; River. 2 • Obligations of Government Agencies Stock Growth Nuclear Science 20% 70% 1 Scudder 38% 5 2.50 3.33 % — Figures after decimal point represent one or more 1 2.50 Inc Rowe) Scudder, Fire———10 York Fire New 37 % Fund Inc Selecled Fully RR 9.92 11.60 6.23 11.43 shares shares- 9.05 10.59 Fund Pioneer New 21.92 14.00 Inc Fund Street Pine Hampshire New lb 38% 16% 35 Vi 1 7.35 132 35% X6.59 Corp— Inc Securities Philadelphia Fund 18.61 .—1 1 1 4 Inc 6.71 Aviation Bond 11.82 126 ' 5 ..5 .... class A Amsterdam Casualty 20.28 Over-The -Counter Securities Fund 304 & Inc Shares X16.98 } shares Chemistry Peoples series—lc Growth Fund Ltd Electronics 85% 80 292 84 80 10 - Corp 1 17.41 4.04 7 94. X5.71 8.30 1 Stock Series Nucleonics 29% 132 Fire 3% York Canada Nationwide 4.69 8.68 6.24 6.07 7.20 1 England Fund Capital Fund New National Union Fire 1 Series Series Series Growth 5.63 11.04 6.90 *1 29 1 Series Stock 10.10 6.31 1 37% ' 1 Dividend 179.U3 5 Building shares 23.46 1 1 Series 12% 34% Co Ins 66% Home Series— Balanced 58% 5 Life 1.25 Employees Group Assoc.——_* Employers Reinsurance Corp—5 Great Security Series— Bond 5.15 20c Industries Fund Inc General Capital Corp.. General Investors Trust-- Railroad 20 75 11..69 National Investors 177.30 Co Inc—1 Financial Industrial Fund Inc.l Founders Mutual Fund ,«_• Franklin Custodian Funds Inc— Common stock series lc Petroleum 19.18 10.81 Preferred Fiduciary Mutual Inv Food Inc_l Corp——1 33% 54 11% National (N J) Eagle Fire Ins Co Hanover National — 39 31% Manufacturers...4 18% 27% —5 .—10 Co. Inc Crum & Forster Gulf Life Wide Securities Co Nation Casualty 36% 5 Fire Assurance—_5 36% 124 10 Columbian Natl Life Ins. 2 Connecticut General Life 10 Continental Asstirance Co—_—5 ...l > , Bonding Massachusetts 25% 3.71 9.69 15.39 of beneficial Income Common 3.41 Mutual Trust Shares 24.32 Capital -1 Corn-. Mutual 22.75 Gas 10.73 interest———! Shares 15.10 —-—1 Stock Fund — —1 Electronics Investment Corp__l Energy Fund Inc -10 Inc 9.77 Casualty Maryland 17% (N J)„5 General Reinsurance Corp al4.77 74 Howard— — 1 Inc— Fund Invest 14.95 Balanced Fund Fund Inc 21.30 117 227 34 Amer of Ins Franklin Life 19.70 112% 219 10 58% 23% 5 Ins Assn Life 2 : Lincoln National Life Monarch Stand Life Ins Co__1 Fire Camden Colonial 17 lb 114 Life Insurance Co of Va__20 12.46 Life 71 9.66 Equity Fund Inc 7.74 12.69 xll.53 — Fund— Units of beneficial interest—1 Mutual . Fund Inc Chemical Growth Stock 33lbc Investors Mass 7.06 12.02 Bond Fund Inc 10c Investors Trust Fund Inc .1 Group lo lc 3.06 Inc 3.91 3.15 10.50 Futures 4.19 3.42 6.99 —2.50 Fundamental Investors 2.97 3-55 2.86 Massachusetts 25c stock 3.60 I 3.80 3.10 14.61 6% (N J)-10 Life Ins Natl Insurance Co Boston Continental Petroleum 13.51 5% 54% 16% Special Investment shares—lc 16 lb 25% 10 Bankers <& Shippers 15J,4 —————lc 16% 27% Merchants & 11.17 4.?3 15% & 19% 12 79 2.85 1 Ins Mtge Liberty Natl Life Ins Life Companies Inc. 18 19.22 5.96 30% Title Lawyers 26% Merchants 11.70 3.S3 28% Lawyers 34% 24% 3% Beneficial a44.Q9 15% (Birm)_2 29% 32 29% Bankers 6;2S Corp (Va>_5 Title Co.-65c 2 7 lb 27% 6.68 5.74 % 37% 212 2% 11.24 2.58 — 29% 67% 204 Mercury 14.15 X 97% 34% 35% 27% Ask 92% 10 Jersey Insurance Co of N Y 71 (Wash D C)—1 American Re-insurance _S American Surety Co 6.25 Amer 6.10 5.41 shares Co_5 'Newark N J)— 2% 32 Amer Ins Co 10.30 shares_lc shares American Home Assuranee 13.08 14.70 2.79 Preferred _ 1 Shares Fidelity 15.60 lo 1 Diversified Trustee Shares— & 14 29 10.16 Transport — 1 Fund Inc Diversified Growth Stk Fund__l Diversified Investment Fund—1 Eaton 11.75 140 Bid Par - Life Ins__10 Jefferson. Standard 146 10 Aetna 10 Aetna Life —————10 Agricultural Insurance Co 10 American Equitable Assur-*.—_5 American Fidelity & Casualty_5 $1.25 conv preferred— 5 Amer Heritage Life Ins— (Jacksonville Fla) 1 & Surety Insurance Co— Casualty Aetna 12.82 Massachusetts Income Dreyfus shares.. 17.29 1 — It.16 9.35 Investment Trust.l Inc Income Fund 1 E 16 64 13.52 Fund Dividend shares Paper 1 Delaware Series Metal 141 —1 -— Delaware 13.94 shares—lc ——lc shares Industries General 10.31 Investing Co Inc Mutual Fund Inc Vegh Vegh Sayles 18.69 Western Investment Dividend X12.77 Fund—* Mutual Managed Funds- Loomis 2a.64 Consolidated Crown 9.47 Fund Inc__1 Insurance Stk 5.93 Composite Bond & Stock Fund 1C.97 8.67 Lexington Trust Fund 25o Lexington Venture Fund— Life Insurance Investors Inc—-1 -1 1 1 Fund Inc— Commonwealth Investment Commonwealth Stock Fund Colonial Composite Fund Inc Concord Fund Inc 18.75 10.05 Stocks)—1 (Speculative Com Stk)__1 S-4 (Low Priced Com Stks)_l Keystone Fund of Canada Ltd.l Knickerbocker Fund 1 17.29 —— 17.19 1 S-3 23.72 com—10013,800 14, Securities Christiana 25.61 (Income Com S-2 6.50 50c Inc S-l Life Fund Inc 1 Trust-——1 Venture Century Shares Chemical Fund 24.92 23.47 Pfd Stocks)-.—1 (Speculative Pfd Stks)—1 (High-Grade Com Stk)—I K-2 6.36. X23.89 7.91' Fund Inc , 1 International Growth Canadian Capital 17.71 22.62 1 Ltd (1954) Fund 22.10 16.38 1 Fund Inc General Fund California Canada 20.55 5.81 a21.82 (Income K-l 12.80 11.36 1 (Low Priced Bonds) (Discount Bonds) B-3 Elect'nics Corp lc Axe-Houghton Stock Fund xlO.39 (Investment Bonds) 1 (Medium Grade Bonds)_l B-l 8.93 5.49 Companies Ask Bid Par 10.48 Funds— Custodian Keystone 5.60 Ask 9.59 Fund Inc Resources , 5.02 lc Investment Co of America——1 Investment Trust of Boston—1 Jefferson Custodian Funds Inc-l Johnston (The) Mutual Fund_l Intl 8.22 Inc—l "B'' Inc__8 Inc-l Axe-Houghton Fund 4.02 8.74 1 Fund Inc. Mutual Axe-Houghton Fund "A" 6.52 3.76 Development Atomic 1.93 6.02 25c Affiliated Fund Inc 1.25 American Business Shares 1 American Mutual Fund Inc—1 Associated Fund Trust____—• Fund Aberdeen Bid Par Funds— Mutual Ask Bid issued, Ex-stock dividend. 99.606 99.545 99.472 99.410 99.347 99.278 99.203 98.992 Ask 99.619 99.359 99.483 99.424 99.353 9 .2^3 99.212 99.001 Volume 185 Number 5643 The Commercial and Financial Chronicle . (2599) • THE COURSE OF BANK CLEARINGS Bank clearings this week will show liminary figures compiled by a year Pre¬ ago. 1957* - , 1956 $3,280,592,141 $9,628,808,706 966,059,191 945,373,867 — San 2.2 Cleveland 1,041,000,000 570,689,437 + 2.1 Francisco 313,238,458 — 4.0 Youngstowu 310,100.000 — 5.3 507,412,472 + 6.8 —17.1 541.868,000 ': ^ 469,854,429 423,448,669 483,271,133 + + 6.2 — Total 9.7 295,219,725 ; + < 2.6 $14,142,306,832 $14,518,562,467 cities. five days 3,600,982,41? ^ Total all cities, five days All - Cities, ■ 3,543,297,675 Complete in 800.245,623 — Saturday and the Saturday figures center District of +12.9 cases statement, however, which we appear the as (fl gain of 2.1%. a of In the 14.7%, but in the Boston a Reserve District of 3.1% to in the San Francisco following we furnish a : ^ Week Ended May 25— 2nd New 12 cities York Mobile 1,165,176,757 1,365,638,688 1,5(^0,783,876 6 _ _7th Chicago " 10 — " 10th Kansas City Michigan—Ann Grand : South Terre - Total We : York 730,556,951 9,691,761,071 Sioux —14.7 1,203,396,068 now week ended add 7.7 1,227,195,4G0 1,112,683,211 + 866,752,971 +10.5 Peoria (17 cities),. +; /Q::: *';v.^ 3.1 498,159,874 423,175,356 4 10.3 1,078,613,312 19,048,434,510 + 1.6 10,683,889.202 + 5.5 ' showing the figures for each city for the Fall St. : Inc. 1955 or Dec. Vo Dakota—Fargo +12.0 2,415,661 2,031,613 7.6 5,814,784 5,346,949 1.4 612,008,790 579,933,141 5.5 3,314,486 ' + — 1,400,123 +19.1 3,243,066 + 5.6 4,084,232 2,958,657 14,446,546 + 6.1 12,529,710 12,340,513 1,616,040 10,238,696 +18.4 9,179,504 8,375,897 40,712.292 + 1.4 32,792,136 36,367,474 21,177,706 + 7-2 18,943,876 15,071,468 30,579,000 + 9.9 25.588,700 22,331,400 2,269,032 2,067,886 2,835.092 2,514,723 + 12.7 ' — Montana—Billings (12 Cities). 854,175,906 836,280,741 2.1 + ■ York—Albany + 14.5 13,647,787 + 22.3 (7 cities) + 73.1 132,813,421 2.723,923 3,557,693 3,547,215 20.641,489 18,740,599 __ 3,606,803 — Jersey—Newark Northern New Jersey (10 elties) 5,053,787 .9,485,735 + 27.0 13,483,886 9,351,798 + 2.0 5,478.236 4,949,557 1.393,126,517->++10.5 1,298,988,849 1,215,764,291 11,333,706 10,156,77!) m 357,600,000 + 2.7 316,500,000 319,100,000 — 2.5 + 151,467,475 108,513,36!) 199,621,535 128,867,123 2,993,875 689,082,533 + 7,820,614 357,894,802 125,582,688 +16.9 0.2 174.862,805 112,944,419 —10.1 2,800,621 2,101,350 0.7 607,107,845 581,182,199 +13.3 7,654,227 + 13.8 323,210,622 129,880,192 6,812,120 291,450,44 4 7,673,497 4,354,727 + 15.4 — 116,994,200 7,334,278 1.5 6,815,843 3,576,945 ■ 3,540,430 5,284,008 + 5.9 5,351,689 5,228,457 11,863,025 + 1.3 10,194,651 10,568,961 520,473,361 + 14.1 ;.478,20?,(i04 1,114,131 —25.2 704,569 600,423 + 17.3 8,330,976 + 28.1 152,654,803 140,672,853 '+ 9,748,382 9,063,632 + 25,536,432 374,267,841 11,111,946 + + 5,851,733 (a) 576,549,969 7,958,719 6,580,641 23,482,590 20,435,605 340,150,163 11,062,375- 5.6 10,875,480 5,064,489 .. + 782,432 155,376,297 352,108,038 „ (a) 623,491,944 ; 7,819,409 7.6 + 15.7 — . 138,626,050 7.8 5,522,257 981,311 755,603, 7,586,538 5.6 403,524,207 12,857,237 (9 cities). 441,410,461 ., 1,003,138 8.5 26,975,211 Total ^y City— 10,671,295 Pueblo 8.1 4,241,992 (a) 3,094,951 547,847,540 550,338,280 Eleventh Federal Reserve District—DallasTexas—Austin 9,362,417 470,126,744 ; Galveston Wichita 38,773,161 8,021,000 Falls (6 7,360,000 7,696,524 16,603,664 544,266,726 cities). 7,674,629 10,793,245 Louisiana—Shreveport Total 9,258,444 448,094,662 38,266,796 Dallas 527,764,560 Utah—Salt Lake California—Long 129,293,444 2,720,416 2,092,144 San 2.606,245 2,199,872 116,026,891 10,916.577.025 2.2 9.316,872,916 9,653.933,783 33,305,907 + 9.3 30,G8G,225 Beach + 25.9 16,181,325 15,162,818 6.5 29,754.433 + 1.1 8,810,359 6,770,354 + 4.9 423,485,588 1.3 36,411,553 360,623,973 30,744,584 — + 9.0 + 0.3 6.686,801 6,083,460 —35.0 15,298,573 12,790,979 498,159,874 423,175,350 + 7,467,000 3.1 6,162,000 61,095,225 31,662,730 7.5 170.735,100 153,143,537 +18.3 5,223,752 5,205,079 4.1 151,344,445 140.784,217 89,495,467 + 29.5 97,869,263 85,205,573 — + 17.4 14,855,780 + 20.1 13,850,883 12,618,073 634,924,836 9.3 581,711,935 494,339,632 24,237,124 Francisco 26,984,257 17,841,188 694,228,912 - Pasadena 57,227,851 + + 21.895,946 19.838,156 15.286.113 + + 10.7 23,153,427 . 19,306,190 22,136,331 3.0 4,569,380 180,001,442 115,869,913 City 27,842,812 19,956,068 184,301,836 5,405,727 187,460,622 San Jose / 198,087,671 — Oregon—Portland 6.5 0.3 + 36,387,629 25.115,695 Connecticut—Stamford rft 5,958,028 5,827,869 833,983 Missouri—Kansas City St. Joseph Colorado—Colorado 2.3 — 10,678,576.846 Rochester Syracuse 1.744.501 889,956,744 ' • 691,381,966 3,803,816 (a) 2,646.537 _ 7.4 593,724,369 - 1 Yakima 141,460.657 : + " Washington—Seattle 20,657,460 (a) — York Total 5,319,362 37,770,972 14,019,492 2,624,628 973,337,797-, Twelfth Federal Reserve District—San Francisco— 36,789.951 * Elmira New 14,298,875 5,596,923 Nebraska—Fremont — 730,556,951 Second Federal Reserve District—New York- New 0.4 + 11.2 12,023,202 Helena Fort Worth — - Jamestown + 1,441,666 1,041,825,588 + 1,194,031 33,616,000 Hampshire—Manchester Buffalo 13,562,860 3,312,907 — 22,705,842 • Island—Providence Binghamton 36.582,522 8,854,428 Wichita 12,113,757 ' New +10.5 4,289,602 Kansas—Topeka $ 41,266,256 ... Haven Total 1954 $ 15,329,518 Connecticut—Hartford • 5,247,736 37,176,359 8,862,250 Paul Omaha 1,667,572 ___; Worcester New 3,427,301 May 25 3,424.382 Bedford Springfield Rhode 099,099,508 3,239,585 ____ , New 6,893,226 708,751,851 Lowell New 2,543,554 6,366,545 River.. 3,739,822 107,473,767 + 28.0 V''i',;:;' Hastings Ended 2,854,506 Portland Massachusetts—Boston - 0.2 + 40.7 — 8,933,725,173 years: .... 8,033,759 2,852,660 127,442,05!) 4,614,737 6,517,200 18,587,658,958 9,731,591,594 Minnesota—Duluth Minneapolis Total 21,600,466,227 $ 9,994,893 District—Minneapolis- 940,164,612 ' • 66,502,000 125,961,294 407,265,394 )'■; + Ninth Federal Reserve + ■ 7,453.-605 72,111,000 i +10.9 693,508,655 (4 cities) 527,764,560 ... 9,476,713 3,679,371 7,366,064 9,353,578 2.4 + 146,832,590 Total ■" South Dakota—Aberdeen . 14,718,309 10,662,620' 6.5 2,692,120 550,338,286 District—Boston- 78,250,000 194,585,611 441,410,461 .. 17,370,454 25.3 129,130,924 Illinois—Quincy 547,847,540 1 956 / 367,100,000 Kentucky—Louisville Tennessee—Memphis 478,202,604 $ First Federal Reserve « 80,136,000 10,505,165 4.3 + — ' 8.1 1957 + 9,479,558 11,855,665 1,538,881,487 Lincoln Maine—Bangor 17,676,847 1.795.500 5,945,371 + Clearings at— 1:. 1,909,009 12,047,792 Rockford 576,549,989 Week 866,752,-971 , 8.1 + 6,092,896 Decatur 623,491,944 . '8,727; Ida 994,663,777 . 16,685,346 - North . 11,078,600 41,067,345 13,618,542 1,603,018 1,118,424,036 +14.1 : +10.7 ; 3,670,237 520,473,361 May 25 for four '4,140,233 149,655,753 126,899,026 177,240,917 8,345,045 593,724,389 detailed statement 4,969,081 5,135,498 174,071,807 145,041,574 + 25.5 1,942,643 Tenth Federal Reserve District—Kansas our 5,799,842 + 14.0 531,176 City Chicago 1,103,084,027 + 674,531,252 » 9.7 + +13.7 Illinois—Bloomington 9,987,190,323 691,971,139 21,951,107.212 674,531,253 1,114,526,740 Des Moines 691,381,966 1.8 — 994,663,777 21,272,530,366 371,001,641 114,397,937 161,738,714 Haute 581,182,199 " 691,971,139 4,992,641 ' 478,424 Wisconsin—Milwaukee 1,215,764,291 City 9/3 : 193,658,709 ;v:: 607,107,845 109 New 5,905,211 374,995,830 112,086,755 —18.4 18,433,413 Bend 1,298,988.849 + 8.8 + 15.8 17,573,000 163,332,585 6,378,084 11,088,872 0.7 ■ o.l + 3,233,443 -V -4 215,849,807 173,221,290 12,869,453 11,877,492 + -i'": + + +12.8 Missouri—St. Louis 9.3 1,175,233,<k7 176,7.95,131 + 25.4 Iowa—Cedar Rapids $ +13.7 1,296,347,074 6.0 !v 516,060 Indianapolis 1954 697,101,728 544,266,726 + 3,613,212 18,575,000 . 195,807,174 . 689,082,533 " 21,812,393 95,379,419 292,900,000 —10.0 *2,100,000 1,393,126,517 —10 12th San Francisco 24,053,987 108,545,336 326,800,000 3.0 15.1 646,910 — Tor,al 1,114,526,740 " + 16.4 + 12.0 + .+ District—Chicago- Rapids Lansing District 762,160,580 " 1,112,683,214 220,938,623 Arbor 693,508,655 6 1,227,195,460 ..*1,266,972,764 1,538,881,487 9 10;315,700 364,706,803 360,700,000 6,581,865 ' / Indiana—Fort Wayne are 1.266,972,764 " 406,119,0221 7.7 + 26,957,508 115,644,833 246,009,739 217,361,055 14,241,490 _____ " __ : ; ____ " 7 -+■• 7.7" 47,315.900 9,414,640 + G72 5,924,601 5,207,632 __ . 4 Dallas.; Outside _______ 17 Louis 9th Minneapolis 11th - 11,253,689 395,700.000 ; Seventh Federal Reserve in 2.1 ,; + 1,392,815.964 Richmond 8th St. 836,280,741 11,311,872,379 " Cleveland 5th 854,175,906 7 4th 6th Atlanta $ 11,111,617,054 + 10.5 MS ' Eighth Federal Reserve District—St. Louis— Dec. c/o " 10,944,694 31,368,846 129,573,868 __: . Total (10 cities) ; ' $ " V —10.1 , 097,101,723 Springfield 1955 11 Philadelphia T 49,962,100 139,079,060 Louisiana—New Orleans the note that Reserve Inc. or 10 3rd 484,555,367 1.4 District—Atlanta— Mississippi—Vicksburg Reserve District 1956 $ 1st Boston ' 1957 253,890,236 8.5 4,594,925 20,359,749 196,786,737 7,119,278 348,118,400 120,122,639 7,694,800 Alabama—Birmingham summary by Federal Reserve Districts: V1- 9.0 + +• 1,392,815,964 ,. 29,934,536 *32,000.000 69,978,670 67,959,094 87.163,840 82,332.206 11,111,617",054 11,311,672,379 — — + ' 8,510,271 762,160,580 Florida—Jacksonville . loss of 1.8% Cleveland Reserve District the totals and 12,217,451 1,103,084,027 < + -53,156,000 14,909,941 12,951,157 455,537,143 378'697 cities) Augusta present further below, we 279,411,179 562,018,351 53,872,100 13,451,175 14,316.138 4 760 757 Macon has to be estimated. located and from this 7,072,44'J 11,984.292 1 •v, Nashville going to press. according are 5,323,917 3,297,727 '"'VV 208,493,965 _ SUMMARY OF BANK CLEARINGS ; j 10,4Stf,i5t2 __ Georgia—Atlanta ... ■ —15.0 23;434;326 Tennessee-^knoxville week of 10.3%. y 14,772,193 3,482,572 • v + clearings for Philadelphia Reserve District the 1,203,396,088 1,500,783,876 Columbia—Washington Total larger by 7.7%, in the Richmond Reserve District by 9.3% and in the Atlanta Re¬ serve District by 3.3.7 %. The Chicago Reserve District has to its credit an improvehient of 10.5%, the St, Louis Reserve District of 0.7% and the Minneapolis Reserve District of 14.1%. In the Kansas City Reserve District there is an increase of 8.1%, In —14.7 3,420,988 1.2 — by the foregoing will: (including this city) the totals show Dallas 1,365,638,688 0.3 ; i— Carolina—Charleston Maryland-—Baltimore having amounted to $21,951,107,212 against $21,600,466,227 in the 1956. Outside of this city there was a gain of 5.5%, the bank clearings showing a decrease of 2.2%. We group the cities the totals record in the ■+■ •. Virginia—Huntington 1.8 708,659,535 not available at time of are Federal Reserve Districts in which they the New York. Reserve District and in the ■ ■ cities) South the whole country week in 9,979,115 490,658,110 Richmond able to give final and complete results of the previous week—the week ended week there was an increase of 1.6%, the aggregate at this 12,537,193 • Virginia—Norfolk May 25, For that same 7,314,932 + 23.9 609,671,840 l_ _ Sixth Federal the above the last day of the week in all In the elaborate detailed we are + 24.8 + 38.3 ^ — $18,543,534,867 $13,770,519,677 ____ and exact details for the week covered Accordingly, in 5,988,319 13,390,094 11,668,250 — Fifth Federal Reserve District—Richmond- 1.6 issue of next week., We cannot furnish them today, inasmuch our ends •; (7 + $17,743,239,244 $18,061,860,142 day one Total all cities for week— • 6,705,342 3,507,119 12,469,750 ; ' J + 22.7 306,344,763 ——,—_ f. V west Ten cities, five days °tiler ; 1,150,000,000 + 10.0 * Pennsylvania—Pittsburgh +11.0 530.313.844 _ ; 3,914,873 1,051,000,000 5,712,027 __ Baltimore —16.2 1,534,938 5,381,947 ' V., _ _ J..; 1,765,540 1,770,721 0.1 3,794,885 - ___ Columbus 313,571,128 Cleveland ' ■■ Mansfield 300,572,829 Pittsburgh V ■■ Ohio—Canton Cincinnati _—^ 863,000,000 Louis 1,312,000,000 1,490,202 855,006 + 16.5 — 1,165,170,757 *. : ■ 293,600,000 St. 1,775,143 s 1,923,725 7,473,862 16,589,043 16,168,524 (11 cities) 582.875,270 Boston Kansas City ; 4.2 + 27.3 3,975,736 1954 •: $ Fourth Federal Reserve District—Cleveland— 3.6 + — 'J ■' 1955 3,635,901 Jersey—Trenton- _—-— Philadelphia 1,899,665 1,797,868 ■' 3,784,440 7,010,470 ■£. York Delaware—Wilmington : % York or Dec. % *4,000,000 Wilkes-Barre ■' May 25 Inc. $ 2,287,911 2,068,534 3,973,364 1,100,000,000 Scranton * Ended 1956 ■" 1,820,609 Lancaster New 47 t• . $ Philadelphia Reading , New ' District—Philadelphia— r : ' Bethlehem Chester BY TELEGRAPH Chicago * Pennsylvania—Altoona Total CLEARINGS—RETURNS .*■:* t" •• W'eek -■■■■>■' us Week Ended June 1— , Reserve ■ ' based upon telegraphic advices from the chief cities of the country, indicate that for the week ended Saturday, June 1, clearings for all cities of the United States for which it is possible to obtain weekly clearings will be 1.2% below those of the corresponding week last year. Our preliminary totals stand at $18,543,534,807 against $18,770,519,677 for the same week in 1956. At this center there is a loss for the week ending Friday of 3.6%. Our comparative ^ummary for the week follows: , Federal ■■ 1957 decrease compared with a Third 1 . Total (10 cities) + 5.9 78.105,537 68,220,415 1.8 9,691,761,071 9,987,190,323 8,185,292 Outside New York City •Estimated, (a) Clearings + 20.8 5.129,221 11,426,172 + 17.0 9,757,130 5,439,735 :• J , 8,836,453 1,296,347,074 1,175,233,047 +10.3 1,078,613,312 940,164,613 21,951,107,212 21,600,466,227 + 1.6 19,048,464,510 18,587,658,958 11,272,530,366 10,683,689,202 + 5.5 8,731,591,594 8,933,725,173 j (109 cities) 6,777,931 13,367,895 Grand total — • Santa Barbara operations discontinued. DIVIDENDS Foreign Exchange Rales requirement Pursuant to the of Section 522 of the Tariff Act of 1930, the Federal Reserve certifies daily to the Secretary of the Treasury the buying rate for countries of the world. We give below a record for the week just FOREIGN RATES EXCHANGE CERTIFIED BY MAY 24, Noon Country and Monetary Unit FEDERAL 1957 Buying TO RESERVE MAY Rate BANK 1957, 30, Bank Per cable transfers on the different passed. for Cable Transfers in Friday May 24 Argentina, Official Austria, Belgium, British 2.224003 2.224401 2.224103 .0385356* .0198512 .0198500 .325266 .325300 .325266 1.047968 1.048343 1.048906 1.047656 .208966 .209033 .209033 .209033 .00435401* .00435401* .00435401* .00435401* .00285625 .00285625 .00285C25 .00285625 .237990* (Metropolitan*, franc Germany, Deutsche mark India, rupee. Ireland, pound .0385356* .0198500 .325233 France .0385356* .0198562 Canada, dollar Ceylon, rupee Finland, markka .238000* .238000* .238000* .208925 .208975 .208925 2.791250 2.791625 DAY preferred 5'/a% 2.791125 .0800560 .0800560 .261150 .261140 .261120 .261100 2.7«2<76 2.763613 2.763984 2.763489 .140080* .140080* .496950* .496950* 7- 1 6-17 7-1 6-10 .0349000 .0349000 .0349000 rity .193330* .193330* .193330* Insulator .233350 .233350 .233350 Insurance 2.779576 2.780821 2.781195 2.780696 2.790000 2.791250 2.791625 2.791125 6- 3 b-2d 6- 3 b-^3 6- 3 6-28 6- 3 7- 3 6-21 % 2Uc 10- 3 9-21 50c 6-12 5-27 16 %c 6-10 5-27 5oV4C ¥$1.12% common b%% Fund (13c from 5-31 '< vC b-<ii b- 3 secu¬ 50c 7- 1 6- 3 2. vIC b-lo t>- 1 7- 1 6-17 5oc 7- 1 b-15 50C ——,— 10- 1 (Chicago)— Building Exchange 50c ———.— iquar.) i™__— Ltd., class B (s-a»_;—__ Breweries, rx 6- 6-10 from 37c and ^uai.i Quarterly 1 25c —— ■ 7- . Ltd.— Income juuinoer ^ $3 Inter-County Telepnone & Teiegrapn Interior 6-10 6-23 +08 34 c Insurance Quarterly •Nominal 1 + , 20c + >_ (reduced)pfd, (final)™ Corp. profits) .193330* 7- $1.06'A (quar.)——_ par) Corp., Corp., investment Institutional .233350 Union of South Africa, pound United Kingdom, pound sterling 6-17 $1.25 ($100 Institutional Shares, .140080* .496950* .0349000 ... 6-17 1 $1.15 (Sou par), iquaro Rayon Silica .140080* Sweden, krona Switzerland, franc 1 7- Ingersoll-Rand Co., 6% pfd. (s-a) — lnsley Mig. Corp. (quar.) Inspiration Consolidated Copper inuuttu*— .496950* escudo 7- ™__——™— industrial .0800560 2 $1 (quar.) Corp., Ltd.— Development Industrial .0800560 3 $1.05 — preferred (quar.) Common Mexico, peso Netherlands, guilder.. Portugal, preierreu 4%% .00277912* , 7- +35c Industrial .00277912* peso 5-23 7-15 Acceptance 4%% .00277912* Zealand, pound 6- 6-10 37 %c (quar.) Common MEMORIAL .00277912* Norway, krone Philippine Islands, 5-24 6-17 (quar.) preferred B Industrial CLOSED .208950 2.790000 preicrreu A 4'/4% EXCHANGE Japan, yen New Products preferred (quar.)_ preierred (quar.) o% .0385356* schilling franc Malaysia, Malayan dollar 6-15 4.60% preferred (quar.) Indianapolis Water Co.—1 .0248666* .0247333* .0249300* 2.223107 5-31 6c 10c 4.20'/e .0555555* .0555555* .0555555* .0251666* pound 4% S $ $ $ .0555555* Free Australia, May 28 May 27 $ peso— Co Indianapolis Power & Light, common (quar.) May 30 May 29 bteel indiana Thursday Wednesday Tuesday Monday 6-28 (from current Inc.) i— investors Limestone 6-14 % 1 12 %C — Incorpoia.ea Indiana 6-15 7- J50C 5-10 > 6-30 30c urumary States Money) (Value in United York New oi Kec. 6-29 6% U83/4C Imperial Investment Corp., Ltd., class A imperial Life Assur. Co. of Can. (Toronto) Imperial Tobacco Co. of Canada, Ltd.— INCLUSIVE Holder* Payable (final) Industries Imperial Chemical When Share Name ot Company 1930 TARIFF ACT OF UNDER TREASURY TO (Continued from page 14) 9-14 U2c 6-15 5-31 b-xo O-oi internauonai (Mien.) (quar.) International Business Machines— New com. (initial quar. arter 2-for-l split) Federal Reserve Banks Combined , (In thousands,of dollars) ASSETS— Gold certificate May 29, '57 May 22, '57 May 30, '56 21,089,392 20,789,393 20,249,983 842,662 844,682 834,859 account— Redemption fund for F. R. notes Total F. R. gold certificate notes Other of other 21,932,054 21,634,075 368,141 249,353 332,926 and Industrial loans Government Bought 572,690 748 734 930 20,719 outright securities: 19,720 16,439 A summary of assets 214,763 Certificates 160,100 9,153,913 May 22, Bonds 2,801,750 2,801,750 2,801,750 1957 22,950,125 22,895,462 23,360,332 v Total U. S. * Govt, securities™ 63,200 23,013,325 34,900 ______ 22,895,462 Total loans and securities— Due from foreign Uncollected Bank 23,998,533 banks cash " Loans investments adjustedt Items— 4,757,915 premises other Total 5,239,599 4,220,491 78,193 assets 77,233 66,622 178,711 195,016 51,605,667 Reserve 51,439,879 50,157,733 I LIABILITIES— Federal 22 190,431 assets 26,472,513 26,313,771 U. reserves 18,684,731 Treasurer—general Foreign and for dealers Total deposits purchasing 1,156 1,615 4,246 18,403 1,328 '+ 434,202 Reserves-with: federal. Reserve' B»nk$_+_'' 13.198 % 295,534 Cash 492,317 Balances with 3,973,690 LIABILITIES— 19,436,687 4,149,602 20,425 19,194 3,364,574 20,786 50,285,327 £0,130,225 48,933,767 banks™ 7 ' Time + Government Interbank + XI Capital paid Surplus Surplus Other in_ 332,111 capital accounts 747,593 27,543 693.612 213,093 13b) 314,695 27,543 7) (Section 332,031 747,593 (Section 202,487 • + 1,669 •+ 6 —1,461 — 293 liabilities & capital Contingent liability on accounts —811 1,626 .__ . .+ From Federal From + 47 51,605,667 51,439,879 50,157,733 serves; Banks 535 of. loans to banks individual loan items and after + + 3 + 44 deduction of — — valuation shown gross. are ' : Ratio of 77 gold certificate deposit and F. R. 59-819 reserves note 61'056 1,820 1,834 - 45,770 2 466 104 55 24 re¬ : combined 47.4% 47.1% Condition Statement of Member Banks The condition statement of weekly reporting member banks of the Federal Reserve System in leading cities shows the following principal changes for the week ended May 22: Decreases of $208 million in loans ad¬ justed, $107 million in holdings of U. S. Government securities, $190 million in reserve balances with Federal Reserve Banks, $167 million in balances with domestic banks, and $811 million in demand deposits credited to domestic banks. million in New York loans decreased City, $27 million in the San Francisco of $128 Chicago Dis¬ District, and a $241 million at all reporting member banks. Changes according to industry appear in another press release. Loans to brokers and dealers for carrying U. S. Government creased $39 million. purchasing and other securities or in¬ the called current volume in which the details under (except where otherwise indicated) were given in the "Chronicle." NOTICE , City; there was a- net OF TENDER I Company and Issue— Date Philadelphia Transportation Co.— Consol. mtge. 3%-6% ser. A bonds due Jan. 1, 2039 PARTIAL Co., Inc., $4.50 Corp., 6% s. f. conv. Northeastern Water Co.— f. s collat. conv. debs, ox nc« stock—_Jun due 1, Nov. 1968__Jun bonds due Jan. ISSUES 1, 1968 v.. -.v.,.., Louis & Interurban cumulative General Paint Jacinto 5% subord. Tung-Sol United first Corp., Industrial Silica Corp., Inc., Co., conv. 6%% 15 2333 * preferred cumulative 4.3% due pfd. stock- cumulative preferred stock pfd. in this issue. 1 5-31 7- 7-10 7-.1 7- 1 6-15 53 3/4 c >%: 7-1 b-I5 7- 0-26 7-1 (quar.) luC -40c Tea, Jones Jones 5% & 5-23 5-3J 5-31 7- 1 5-31 alV4% 7- 1 5-31 al>/4% 7- 1 5-3l alV'2% 7- 1 6-15 5-31 $1.23 7- 1 6-14 50c 6-10 5-20 $1.25 6-28 6-14 $1.25 6-28 6-14 $1.37 V2 6-28 6rV4 $1.20 6-28 6-14 40c 6-10 5-17 25c 8- 2 7-29 50c 6-20 Electric, & com. 2219 stock™™Jun 18 249S 1 * 9- 8-15 9- 8-15. 6-29 6- 7 4V2% 1 6- 7 7- 1 6- 7, 7- 1 6- 7 7- 1 6- 7 40c 5-31, 6-28 6-14, 35c 6- 3 5-15 60c 7- 1 6-14 — j. — *15c 6-20 6- 50c 6-14 7- 1 5;-24, 6^14' 45c 7- 1 6-20* $1.50 (quar.) (quar.)——— com. 6-24 3 20C 6- 32c 6-15 37 %C 6-14 5oc , t20c 6- 6 6-27 5-31 5-20. 5-24 6- 3 5-14. 5-31 6-15 6- 4 20C 7- 1 6- 7 28 %c 7- 1 6- 7 (monthly) Industries, 4 $1.12% (quar.)— prior pid. 6-16 26C Land <quar.)—-----——— Gold Mines, Ltd. (quar.)—_ conv. 8-15 7- (quar.) (quar.) Kentucky Utilities, common (quar: )_—____ Kerite Co. (quar.) Oil 8-15 9- $1.08 quar.) Kerr1 Income Fund, Inc. 1 8-15 9- Organization Kerr-Addison 6- 9- $1 Copper Corp. County 6-10 ■ 1 $1.15 * 2215 6- $1.07 17 11 I 6-15 $1.12% —_Jun 10 6r 7 33c Kendall Jun 1 $1.05 2213 Refining 6- 7- $1.08 3/4 $1.12% — Co. (quar.)__ of Canada, Ltd. Kent-Moore 5-31r 1 35c (quar.) (quar.)_— (increased 6-10 7- S5c (quar.) preferred (quar.) 4.60% preferred (quar.) 4.32% preferred (quar.) Katz Drug Co. (quar.) Co. 5-27 50c (quar.) preferred Co. 6-11 35c 62'/ac 4.28% Kellogg 5-27 —— Vegetable Parchment Co. Kansas City Power <St Light— 3.80% preferred (quar.)_— 4% preferred (quar.) 4.20% preferred (quar.) — 4.35% preferred (quar.) 4.50% preferred (quar.)— Gas 7-18 7 50c Kalamazoo Kansas 1 6- $1.25 (quar.) j 6 8- 50c (quar.)— Joslyn Mfg. & Supply 6- 933/4C ; JohnsOn preferred 5-31 $1.20 Lamson & 6-3 l 2 (quar.) — (quar.) Machine Co. (quar.) & Laughlin Steel, common (quar.)— Johnson 6-14 7- 2 (quar.)—_ common (quar.) (quar.) 6-14 f 6r28' 7- common preferred Johns-Manville Co. ► 7- a$i.7o al3/4% —— 6-14 6-14 7-1 6-10 28c J37*/2C common— b'-x-* 7-1 $1.08% 1 6-15 i 1 60c . C Supply, Water Kerr-McGee ♦Announcement 1 5-31 f 7-xu : 2213 July 7- 6-14 4uc . 3 Jun 1971; 5-31 v: 6-23 k-J- (quar.)_ — 5% preference D (quar.) 6% preference E (quar.) Jamestown' Telephone Corp., common™—— 5% 1st preferred (quar.) _— ——- Kern debentures : 37c — r~ (N. Y.) preference Kennecott stock™ I 6-14 ;_ Jun ! 4 7-v0 • 1 2322 Page Co.— stock™ ^ 82 %c (quar.) 3 . 6-15 37V2c < 1 Jun Date ,7-15 • b-lo 7%c . Kelsey-Hayes ; Corp.— convertible Foil Water preferred 2nd Petroleum Electric States Page 1 ti- 7-15 xC ^ (quar.)— Kendall Co., common (quar.) $4.50 preferred (quar.)_™ —,— - Capitol Records, Inc., convertible preferred stock Dixie Cup Co., 5% convertible preferred stock. St. 2376 1629 ' b-17 t'/ac . ____ (quar.)_— preierence B (quar.) Kelvinator Company and Issue— 1% Page 5 July CALLED 6-10 uO ctis. — Machine Co Fublic Service, Ltd., 4.50% preferred 1 75c preferred Kawneer trust ENTIRE East 13 Date Reduction 5% Jun , REDEMPTIONS Company and Issue— San Holdings of Treasury bills decreased $41 million in New York City, and increased $84 million in the New York District outside of New York 7% Jewel of stock common $18 million District, $11 million in the Richmond trict, $10 million in the total those a Ludman pistnct, $25 million in the St. Louis District, the Boston and including Air industrial list corporate bonds, notes, called for redemption, sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in preferred in (quar.)— — (quar.)— 3%% Below will be found and com. (quar.) — (quar.) — C (quar.) —— D (quar.)—-— — Jefferson Lake Sulphur (quar.) Jefferson Standard Life Ins. Co. (quar.) Notices 46.3% 6-14 7- fooc . preferred A $5 preferred B> $5.50 preferred $4.80 preferred to — Commercial Ltd., (quar.) preferred Iiic. Jamaica Redemption Galls and Sinking Fund liabilities 5-21 1 (C $5 — 5-18 7- 23c —__ (quar.)_— (quar.)„ preferred 7% acceptances commitments 2 6-20 6- . 54 % (quar.) , ' 72 C 25c LUC (quar.) & Power, com. (quar.)__»'■ preferred 4.40% Jaeger 187 purchased for foreign correspondTTT Industrial loan t b-26 Bu»cOii-isenej.iciai oi Electric Light 5% 958 Reserve others 1-J.0 —— Jamaica . 0*.'/2v System Funding \.orp. Irving Trust Co. 188,116 27 543 tExclusive Total — preierence 3.30% • demand deposits: Foreign banks Borrowings: 6-14 (Del.), common iquai.) preferred (quar.) preferred (quar.). Iowa Power & Light, common 80 - 6-14 6-28 preferred (qu*r.)_: 6% —167 9,748 6-23 (quar.) Co. (quar.) Trust i 25c $1.25 \ Hu^.. /__ cypres 4.30% + 2,513 b- : 1 4.80% 94 deposits.. i Diversified. Services/ Inc:~ Investors 21 + Domestic banks ACCOUNTS— gains Iowa 23,356 Government 6-15 7- vOC — AC 55,151 : 1 7oc 216 ' CAPITAL ;¥ 4.35% deposits adjusted deposits except U. S. 7- of 24c from securities and 13c from net investment inc.) Investors 37 + —— — - —190 :% b-14 89 Vac jear-enc Ironrite, Demand S. •2,345 ____ conv. Special , U. Total liabilities 80 966 ___. domestic 1 - 6% Investment —1,196 409 36 + " Maine (quar.)___ intertvpe Corp. (quar.) Investment Foundation —1,849. 2 — 7,586 ____ banks_ 83 — - b-14 7- +1,066 * O-xJ b-x; 7 $i X-1,733 + b-xU ;$J ■ 378 5 — 3uc — — of Freight Power Co. pxeierred 5-24 common Department Motor b-17 Interstate Securities 170 + 17 — 283,326 Other liabilities & accrued dividends Co., 6- 5-24 $1 (quar.) preferred prior 4.ob% 124 + ' i vault — —1C7 850 ._! 353,207 19,647,658 5% . 517,620 19,818,699 (The) Interstate 786* 4 + 363,963 ___ Teiegrapn Textoooa 1 6-26 b-v 7 — . b-14 1 t6Cc Lto._ co. Co 7- $1.50 (s-a) — . Lid Power, bait ? 1 oC pfd. common Peuomum International ' 5-21 Ltd.— (quar.)_—— 6% (quar.)— Internauonal 56 5 — —__ in — >v 3 — 8,664 bills 39 + 11,121 bonds to Canada, Ltd., Co., Paper preierred International carrying or securities Loans b-14 of Telegraph Paints, X 1,706 Government securities—total™—__<1 25,114 S. L. Co. Ocean $4 pur¬ — Treasury U. — 487,273 availability cash items Nicaei International 3,291 422 loans U. S. + securities—'— carrying for —241 loans. estate Other wo.p. — preierred (quar.) international 2,683 30,906 ___ + Treasury certificates of indebtedness... Treasury notes ™—; 18,214,634 6-20 cnem^ai —— Interstate —208 282,732 Deferred +65c 511 —— securities Real 26,111,720 18,493,505 6-14 (quar.) Interstate + account Other ;V loans or loans Other bank S. 6-30 4% 1956 1957 ——279 ______ notes 6-14 40c May 23, May 15, 52,926 — brokers to chasing Other . Deposits— Member Loans 23,985,291 22 2 i — & International 85,626 adjustedt Commercial and industrial loans 23,395,232 23,585,258 22 7- (quar.) Minerals interstate Loans and Agricultural 'r+jX 6-14 * t$1.12% . preferred International (In millions of dollars) ASSETS— agreement 2 iquar.j—_—___ (quar.) Common Decrease (—) Since 10,932,699 outright__ 7- 4%% Increase ( + ) or 471,970 8,571,413 repurchase b-x4 +50c Harvester International 11,362,199 bought 7-la Co. — Metal Industries Ltd.— International and liabilities of reporting mem¬ 8,571,413 under 6-29 50c ™—— International 11,362,199 Total 7-15 Common $80 million. Notes Held 5-24 2% dividend — International ber banks follows: — 5-21 6-10 International , outright— Bills 6-10 2oc Stock Borrowings from Federal Reserve Banks increased $3 million and borrowings from others increased $44 million. Loans to banks increased $80, million. 356,091 669,342 ; Acceptances—bought S. 356,840 963,741 advances 60c Cigar Machinery Co. (quar.)— Fidelity Insurance Co, (Dallas) International Inc. $94 million at all reporting member banks. of Time deposits increased 21,084,847 315,593 banks cash Discounts U. reserves— increase v-OC International at all reporting member banks. Holdings of Treasury notes decreased $83 million. Hold¬ ings of "other" securities increased $36 million^ Demand deposits adjusted increased $106 million in the New York District, $69 million in the Chicago Dis¬ trict, and $32 million in the Boston District, but they decreased $167 million in the San Francisco District and $31 million in the Kansas City District; there was a net decrease of $17 million Statement of Condition of the Twelve Breweries — Per Name of Kewanee Company Oil Co. . : , v v • . >_»'• Keyes Fibre Co., When Share (quar.) Holders Payable pf Rfic. 25c 6-28 \ Series K-2 Kingsport Press Kirscn 6-11 Company Kleinert (I. 40c Kresge (S. 4 Vi % Co. • ' preferred preferred Kuner-Errpson 25c 2uc 6-14 62 Vic 7- 1 62 V2C 7- Superior Lakeside Lajcey & 40C 6-14 5-31 $1.12Vi 6-14 5-31 7- 6-17 Lambton Ont. Loan & (One 6-10 $2.50 Lee & Lee 115C Co. Co. Mercantile 9-12 11-30 6-20 2—". Messer 6-10 7 5-24 6- 3 25c 5- 6-25 6- 5 20c 6-25 6-14 40c 6-17 6- 3 2c 6-15 $2 7- 1 6-15 $1.75 7- 1 6-12 90c 6-10 5-21 RR.— 10c 6-20 6- 45c 6-10 - common (quar.) 5-31 7-19 National 7- 1 6-ll 6-12 5-31 7- 6-17 6-15 6- 8- 7-10 Mid-West 6-15 National Steel Car, 6-14 National Steel 7- 1 Corp. 6-14 7- 35c X 11- X 37l/aC 5-l0 6-12 5-24 6-28 $2 4 6- div. shares 6- 6-15 5-21 Nazareth 6- 5-15 6-12 Neisner Brotners (quar.) Nekoosa Edwards Paper (quar.) Neon Products (Canada) Ltd. $1.10 12-10 11-18 *■ ,..' $1 -10-58 2-17 5-31 6-14 1 6-13 par" New York 66- 8-31 8-16 11-30 11-15 8-16 11-15 25c 6-15 5-31 20c 6-14 .5-21 25c 6-10 5-29 7-11 6-14 40c 7- 1 6-11 35c 6-14 5-27 50c 6-29 6-15 37y2c 6-29 6-15 Norfolk 6- 1 Norfolk 6- 7 7- 1 6- 7 North 7- 1 6- 7 15c 6-21 6- 6-10 5-20 6-12 5-24 6-12 North River Insurance Co. (N. Y.) (quar.) North American Refractories Co. (quar.) 5-24 North $1 7 6-29 6-18 7- 1 6-20 Mississippi River Fuel Corp. (quar.)_ 6-30 6-14 Missouri-Kansas common 2 Missouri 4 Vic 6-17 6-14 5-31 6-28 6-10 75c 7- 1 6-14 75c 10- 1 Loew's, Inc. London $3 (quar. Canadian _i._-2—-^._ Investment preferred Lone Lone Star '4.84 % gas, common convertible Ltd.— preferred (quar.) 45C Angeles Transit Lines Louisiana Land & Exploration Louisville & Nashville RR. Louisville 1 itle Mortgage Lowenstein CM.) & Sons Ludlow Manufacturing & Luminator-Harrison, Mines, Macy (R. H.) & Co. Macwhyte Co. Leaf Marquette Marshall '6% & Moore Gardens, Ltd. Wells Co.,' 6% preferred 6-15 5-31 20c 1 Magor Car Corp. (quar.) Mangel Stores, new com. Northern 6-15 Northern 1 6-15 Common 6-28 6-14 6-17 5-31 15c 6-10 15c 6-10 5c 10-15 5-24 Monsanto 5-31 Montana-Dakota Utilities, 10- 4.50% 1 Chemical preferred Co. (quar.) 6-15 6- 6-15 5-21 (quar.)— Montrose Chemical (quar.) preferred $$1.25 6-15 5-31 t3c 6-15 5-15 45c 6-27 6- 7- 1 6- 5 35c 6- 5 5-15 6-15 5-24 ♦5c 6-21 5-21 37',/2C 89%c 6-14 5-24 — - (quar.)_— (quar.) $$1.25 .6-14 Mount *7% Vernon Mills, preferred common (s-a) 7-31 7-17 6-30 6-16 Mountain Fuel Supply 27c 7- 1 6-14 Mountain states 7- 1 6-14 6-10 5-10 5&3«c 35C — 30c 6-10 5-20 $30e — 7-15 —_—-- ^ Inc., common preferred (quar.)— 5j/4 % 5-31 35c 6- 7 5-24 Murray Co. 7- 1 6-20 7- 1 Muskegon (initial)-. Manufacturers Life Insurance (Toronto) (s-a) 6-10 5-31 Ogilvie (Texas) - 25c Motor $2 class A conv. :— 1 6 6:!J 6-28 6-14 Muskogee 30c 6-15 6- 5 7- 6- 7 7- $$1.25 1 Mutual . and Co. Trust 2c from Ohio Crankshaft 1 6-10 Ohio Edison from 6-10 3.90% 20c 6-15 6- 1 6- 7 Co., com. 6-10 5-20 t45c 7- 2 5-31 7- 2 5-31 7- 2 5-31 37V-.C 6-15 preferred (quar.) (quar.) 5- 1 6-15 6- 1 — (quar.) 66c 6-28 6- 3 97Vic — — 6-17 6-10 ©lin 4oc 6-10 5-15 7- 5-31 115c 2 Ben — Chemical, common preferred <quar.)_ (quar.)_ Onondaga Pottery (quar.) Beauty Supply Co., — 6-12 6- 3 Ontario $3.50 6-20 6- 3 6-17 5-24 participating preferred (accum.) Jockey Club Ltd., common (s-a) (quar.)_l_— Opelika Manufacturing (quar.)——— Orangeburg Mfg. (quar.)—1 3Pc 7-15 6-20 30c 5-10 6-15 5-10 50c — 6-15 26»/4C l $1 Ontario — 6-21 6- 22 Vic 6-14 5-28 7 — Orpheum Building Otter Tail Owens-Illinois 50c 6- 3 Gas convertible Co., 6-29 6- 5C 6-15 5-15 15c 6-10 5-31 7 25c 6-24 6-14 50c .6-10 $-17 9- 8-16 6-16 5-21 7- 2 6-20 6-14 30c 1 $25c t5c 125c 20c 5-3l 20c 7. 2 7- 1 6-26 20c (quar.)——.—(quer.) common preferred 6-10 40c 6-10 20c (s-a) common Owens-Corning Fibre Glass 4% Co.— Power, 5-10 6-10 Ltd.— Ontario Loan & Debenture Co. $1.65 6-17 $1.06 V4 _____ 37«/2C —' 7-25 62 ViC 6- 5 $1 (quar.) (quar.) 7- 1 5-15 Pacific 20c 6-29 6- 6-12 5-31 4c 6-14 5-15 7 Pacific investment — Mathieson 4.25% 6-17 40c 1 — 6-17 1 1 Line, 7- 5-27 1 77- 37 Vic Products 6-29 6-10 7- $1.10 $1.11 __— 30c Ord 6-'3 3 50c $1.25 5-31 2 4 — preferred (quar.) 4.44% preferred (quar.)— Ohio Oil Co. (quar.) Ohio Water Service (quar.) Oklahoma Mississippi River Inc. 4-30 7- t$1.75 6- 5-31 3 6- 5c t25c (quar.) — (quar.) common 6-11 6-14 6- 35c 62 tic (quar.) profits) Ltd. (quar.) $2.09 - 4.40% 7- 50c net securities preferred will be deducted s-a) — (quar.)— (2c any — (quar.) 50C $1 50 "7% 6-10 6 5-20 $2.09 to Cdal Corp. Old Line Life Insurance Co. of Amer. (Milw.) Quarterly Muskegon Piston Ring (quar.) * subject (quar.) (initial Mills 5-24 1 tSl-75 (quar.) pref. Flour Co. Inc. 6-15 1 shares tax of 6.9% Manufacturing 7- t$1.75 (quar.) Specialties non-resident 25c — —'• $1.50 2—22— Oak Official Films. " 6-15 32V2C (quar.) 5-31 $2.50 (quar.)__—— Murray Corp. of America American 5-31 7- (initial quar.) change in the foreign exchange rate prior to May 31. Union of South Africa 6-21 Telephone & Telegraph Co. Munsingwear, • the on 15c (quar.)- Quarterly 7-2 6- 1 6-21 — prior preferred (quar.) Finance Corp., $5 pfd. (quar.) Motor Wheel Corp. (quar.)—I— Mount Royal Dairies Ltd. (quar.) 5-28 5-10 5-25 ; $2.50 fi-24 6- 7 3 135c Motor $25c ' — (quar.)—— (quar.) 30c 6- 6- $1.17 Vi — (quar.)__ O'okiep Copper, Ltd. American shares A payment of 15 shillings equal to 135c (quar.)_ 7%' preferred A (quar.)—— 7% preferred B (quar.)— Moore-McCormack Lines (quar.) Morgan Engineering Co., common 7 6-20 6-12 7- com. 1 25c Morgan (J. P.) & Co. iquar.)_ Moore Corp., Ltd., common (quar.) 4.70% 3 6- 5-20 $1.12 Vi Service, (quar.)_i_—.—.1—— (quar.) Norwich Pharmacal, new com. 5-10 (quar.)— $1.37'/2 preferred 37 Vic —_—— 25c 45c common Public preferred 5'/■* % 3 (quar.)—— 65c ooc Public Service— 4'/2% 1 3 Nortnwestern 6-28 -— Calculating Machine Co. (quar.) (quar.) (quar.) 5-22 3 7- Indiana 25c Molson's Brewery, Ltd. class A (quar.) Class B (quar.) ". Monroe 50c $62V2c com. Co., (quar.) (quar.) 5-22 / $2.10 6-17 35c pfd. preferred (quar.) Northern Ohio Telephone (quar.) Northern Quebec Power Co., Ltd., common— 5V2% 1st preferred (quar.)— Northport Water Works (quar.) ; — 6- : 6-12 6- 20c 5-31 1 9-13 6-12 7- 125C — 34 %c — 4.40% $1.75 (accum.) 6-14 * common 8-30 1 $2 (s-a) 6-10 , - (qoar.) common 15c 37V2c Ry. (quar.) Capital (stock dividend) Central Ry. (s-a) 7- 125c ————— Ltd., (quar.) 90c 40c Pacific Northeast 9-13 Co.— *6-27 — (s-a) ' R. Mfg. Co. (quar.) Mohasco Industries, 3J/2% pfd. 4.20% preferred (accum.) Mohawk Rubber Co.-. 5-31 5- R. Gas 5'/2% preferred Northern 7- 1,8c Vi % — (s-a) Containers, A (quar.)— Modine 5-31 6-14 * (quar.) Maryland Credit Finance, 3 40c 65c — . - 6-14 ' 2 — (quar.) Cement Mfg. (quar.) prelerred Preferred common Monterey Oil (quar.)-—-.—— Calculators Class 6-12 Service, 12»/2c — Marchant 6-17 6-13 6- Ltd..'$2.50 Oil Natural 90c 17 V2C / Co., common (quar.) preferred (quar.)—222-——.— (P. R.) & Co. (quar.) Manning, Maxwell Modern 3 50c Public Service Mallory 3 6- * (quar.)l Mahon (R. C.) Co. (quar.)2— Mailman Corp., Ltd.', 5% pref. XlonvertifcJe - priority shares 4.75% 6- 1 37»/2c (quar.)_— preferred 10-23 1 7- 35c (quar.) Madison Gas & Electric (quar.) Madsen Red Lake Gold Mines, Ltd. Magnavcx Co., common (quar.)_l" '$d2% 1 7- 30c .—— --222 Public Star $1.15 (irreg.)J.— (irrcg. * -— Ltd Inc.— 11- 30c $1.25 MacGregcr Sport Products (quar.) MacKinnon Structural Steel Co., Ltd.— '5% 1st preferred (quar.JJ—— Macassa 7-23 $1.75 ——2— ————— Mack Truck, 1 $1.75 (quar.) (quar.)_2—-2—— Lytton's Henry C. Lytton & Co. 1 2 ' Line, Stock dividend Mobile & Birmingham 8- (quar.)— Sales A Missouri $1.75 (quar.) Corporation (quar.)————— Lyon Metal Products (quar.)———— Lyons-Magnus, class B Maple $-24 (quar.)———— Inc. 50c 77- 6-14 Pacific Railroad A Class 5-24 6-15 (quar.t—_2_—__ Lynch Maine 6-10 $1,076 (initial) 2—2 2—2——--— „■ Pipe American Investment Corp.— preferred (quar.)—— 5Ms% preferred (quar.)____— 6% $1.10 (quar.)— :. g Class / Lbs pfd. (quar.) 50c ' (quar.)-—-— preferred (quar.)——— Co.," common (interim)—— (P.) preferred *7% 7- 27 Vic non-cum. Lorillard preferred Ciass t75c _2— ——■ (quar.)—____ Ldrd Baltimore Hotel— ■7% non-cum. preferred ;7% Corp., (quar.) Cement (quar.)-—— Star 25c 4.60% $1.25 t31'/4C 3°c $10c North Northern 3-10-58 Mississippi Power Co., 4.40% North 40c $1 2-17 $50( Southern Ry Co Western Ry., common (quar.)_ Miaing Ltd. (interim.) American Car Corp. (quar.) American Coal Corp. (quar.) 5-31 30c — 50( — 5-31 $1 ! — 6-14 (quar.)— (quar.) 15c — 6-29 50c —2— (monthly) —_—_______ 90c $50c ———— 85c $1.02Va 37'/2C — (quar.) 15c 45c 97y2c Normetal Mitchell (quar.) 93Vic & 1 Mississippi Glass Co. (increased quar.) Quarterly ——l.———— common 93%c $1.12V2 $1.12V2 , & 6-15 8-18 (quar.) Gas— preferred (quar.) preferred (quar.) 4.10% preferred (quar.) Niagara Share Corp. (quar.) Nopco Chemical ,(,quar. Noranda Mines, Ltd. (quar.) 7- 5-17 Pipe, & 3.60% 3.90% $2 — com. $2 Electric 50c Niagara Frontier Transit System (quar.) Niagara Mohawk Power Corp., com. (quar.) 3.40% preferred (quar.) 50c Inc. State preferred (quar.) preferred (quar.) (quar.) Newport Electric Corp., 3%% preferred (quar.) 25c —- 50c (quar.) preferred 75c (quar.)— (quar.) (quar.) 4y2% 8-31 (quar.)—— RR. common 3%% 6-26 11-18 guaranteed 20c York, St. Louis & Chicago RR. 9-10 preferred Auction, Inc. New 6- $1 37V2c Central 11-30 (quar.)— (quar.) $1.01'A Dock, 12-10 Joint pfd. York $1.12 y2 ——--------- Co. Ltd. 4% preferred (quar.) Jersey Zinc Co. (quar.) York 50c 8% Jersey Power & Light, New 50c & 40c 4.05% York $2 (quar.50c New (quar.) S:) Insurance 6- 6-14 60c 25c (quar.) 6- (quar;)_—_r—2—___ Special New Fire Gas 6- guaranteed Lock Haven 1 guaranteed (J. 50c (quar.) England Electric System (quar.) New England Telephone & Telegraph (quar.) 1 guaranteed 6-10 7>/2c (quar.) 7- Special Special 50c Co. New Hampshire 10c common (quar.) $15c (increased) J.) New $1.12V3 (quar.) Mfg., 20c 30c — Machine New 56Vic (quar.) (quar.)_ & 40c — 7- 6-26 50c 10c 3% (quar.) Co. (J. Britain 3 6- Special (quar.)_— Newberry New > $4.50 Minnesota Power & Light, 5%' preferred (quar.)—- * 6-10 56y4c (quar.) (quar.)— Mining $4 preferred - 6 7- 10c (quar.)_ Minnesota 5-17 12- 50c — — 8-16 12-20 Cement Nestle-LeMur , 20c dividend-^— 6-14 Mining Corp. ,of Canada Ltd... Minneapolis Brewing Co. Minneapolis Honeywell Regulator 6-10 9-13 $1.11(4 8-15 9-10 6-14 9-30 $1.08/4 JB-1? $1.10 6-14 6-28 New 1 $1.10 7-15 6- 1 .— 4 1 9- /*,»•' 6- Stock 7- .; 9- - 3 96V4C 50c 'Original capital____ 30c 6-24 New Miehle-Goss-Dexter, (quar.) 5-31 6-18 87/2C '•/: $1 50c 60c National Tile & Mfg. Co. ; National Union Fire Insurance (Pittsburgh) National U. S. Radiator (quar.)— 6- Midland Steel Products, 8 % preferred (quar.) $37MsC (quar.) 5-27 5 9c 40c (quar.) 5 6- 4 non-cumulative preferred Midland Oil Corp., $1 conv. 5-24 6-12 (quar.) (quar.)-_ 6-29 1 pfd. 6-12 3c — —— Ltd. National Supply Co. National Tank Co. 1 6% 10:10 *14" 32"' 25c 5-29 6-28 (quar.)— Securities, Inc., common Midwest $2 Vic (quar.) National Sugar Refining Co. 6-14 6- 15c 35c (quar.) •. Co. 1 1 Co. .1 Standard 1 7- Middle South Utilities 1 Series National 7- Abrasive Mfg. 7- 87V2c "$50 & Securities Series— Growth Stock Series Income 95c Co. Screw 50c 50c 18c Presto National Rubber Machinery (quar.) 7- 6-14 s' (s-a) com. (quar.) Industries (quar.) National 97!/2c pfd. (quar.) Mickelberry Food Products (quar.) Mlcromatic Hone Corp. (quar.)—, 7 1 $1.75 pfd. National 30c Midwest Oil Corp. - —- Original capital—--2-.—^-^----Original .capital 6-20 1 62y2c preferred "$100 par" (quar.) preferred "$100 par" (quar.)—. Michigan Gas Utilities Co. (quar.)__— 5-17 45c —— " 1 (quar.) preferred non-cum. 6-14 15c —— 4V2% 1 7- 5% 8- 30c 4'/2% C.) Original capital— Mortgage & Investment, 50C 4y2 % 5-10 4 4c (quar.) National 5-28 30c j;x(^ra 5-21 20c common National 6-31 6-12 30c (quar.) Michaels, Stern & Co,— 4(4% preferred "$50 par" 6-10 .'50% (quar.) 5-31 6-15 4% (quar.)— (quar.)— J- Copper 6- 35c — 6-20 (quar.) preferred $5c Lead 50c — (auar.) preferred 15c . (quar.) preferred 60c 1— Co. $5C $8c 15c Y.) —— Thermit Corp., Meyer-Blanke 5-31 is-a) (quar.)— (N. common Corp.—— 4.35% 5-31 National $5c ; (quar.) 25c (quar.) 40c 27V2c 30c Co., 7% pfd. A (quar.) Malleable & Steel Castings (quar.) 2c —__i—_— 4.45% 5-15 6-15 Miami 2— ..———- D. 6-17 10c — preferred 3.85% from .— (Wash., 1 62>/aC — — Extra and 7- Scott— on (Hartford) (qunr.)_ Corp. (quar.)__ $30c Metropolitan Edison Co., 3.80% 3.90% preferred (quar.) 5-15 15c t4c — —_ & 7% & 45c $1.06 V* (quar.) A 25c , Machine Metal 1 30c — Oil Mesta 5-31 5 (quar.)—:.————-—.—- preferred Miami 1 6- dividend preferred •3 Va % 7- 6-10 6- —• Corp. "<quar.) Carbonic Corp., Liquid 1 50c — (quar.)i. Assurance dividend Quarterly Quarterly Quarterly 6 15c (quar.)——: Service Corp. Common (qhar.) 'Little 7- 6- Fund— Lincoln Lionel Stock 8-31 12-12 62 Vic gains Fire 45c (quar.) 25c (quar.) Merritt-Chapman Wayne) 'Quarterly _2" Quarterly. -2 $1.50 1 $1.25 (quar.)-—' Lincoln National Life Insurance (Fort Stock 6- 12 Vic — long-term capital regular income Lilly, Ell & Co. Lily Tulip Cup 1 6-12 $1.25 6- — from Stores (quar.) Class B 50c 6% 2 — pfd. (s-a) (quar.)_j 2% (quar.) 35c 7- 6-15 Merchants — pfd. 6-17 $1 7-15 35c (quar.)-— 1 (quar.) 5-27 (quar.) (Va.) Stock preferred System 6-10 2 $1.25 (quar.) Insurance Insurance 5% Handling Merchants Refrigerating (quar.)—— (quar.)— Class 7- —------ Telephone, Corp. Class A 5-20 35c Distilleries, Ltd.— partic. preferred (s-a) Mengel Co. (quar.)__ 7- 6-15 — Liggett & Myers Tobacco, 7% Life preferred (s-a) Medford 12-16 5-24 6-14 70c preferred (quar.)__ preferred (quar.)— Co., comm#n (quar.) 45c Libbey-Owcns Ford Glass (quar.)—_22_2—Life & Casualty Ins. Co. of Tenn. (quar.) from 4% Meadville Mechanical 6-10 Engineering- & com. National Gas & Oil Corp. (increased) National Hosiery Mills, Ltd.— ^ l; Class A (quar). 6-10 50c — quar.)—— 59 %C Lester Life Johnson 7 5-31 6-14 6-29 Melchers (quar.)—__ Engineering (quar.) Leverage Fund of Canada, Ltd Lexington Funds, Inc.— ' Lexington Venture Fund (quarterly < net investment income) Lexington Union Station Co., 4% (6c 12-31 $2 Co. Salt 9-16 (Sarina), Lehn & Fink Products (increased quar.) Leonard Refineries, Inc. (quar.)-! Leslie 9-30 9-16 common (quar.) Portland Cement Lehigh Mead, 12-16 Cady Co. (quar.)__ D.) 6-14 9-30 (quar )_ preferred (H 6-29 preferred 25% — quar.) dividend) convertible McQuay, Inc., 5% 12-31 (quar.)- common & — (increased) class A 6- 6-16 Gas, National Fire Insurance National Food Products 50C (increased (stock (reduced 6-14 tl5c — preferred Robbins Machine Common dividend) Lang Construction Equipment of Co., McNeil & Trucking 6-29 tl5c Lawyers Title Insurance (Va.) Leath & McLellan Stores 6-20 f 15c Co. ($3 par) for each share held) Lawrence Investing Co., $5 preferred (quar.) $5 preferred (quar.) $5 McLean 1 6-22 $15C (stock sh. 1 7- —•—- Co., preferred 5- 7-1 — 4.75% 3 7-15 50c 35c (quar.)_ 50c divid.) 35c McGraw-Hill Publishing (increased quar.) McKay Machine Co. (quar.) ^ 30c $1.85 ; (stock 25c quar.)__ 6- $15c Co. (increased McGraw-Edison Co. ——— Investment Co. Dairy Products 88c 7 5% — & 20c 90c Cylinder 62 Vac —; $1 93%c (quar.) National 7- 1 Ry.— B. National 10- 1 6-28 50c Louis National Distillers Products, 4 4Vi% 20c St. 6- 6-14 10-31 35c & 5-20 5-24 7 6- preferred 25c 6-14 10c — H.) of Rec. 25c (quar.)__J City Lines (quar.)* Company Inc., com. 35c 6- McKesson —, Lang & Co. 1 (F. $3.60 'SI 6-28 35c —_— Sessions 7- * __—.— (quar.) & '• McGraw 6-10 $50c (quar.)—„ Stores, common (quar.) preferred (quar.)—— 3V2% 12-27 20c (quar.) (s-a) Lamson 1-10-58 +$1.75 - — (quar.) B (quar.) Partic. class A (quar.) B 9-27 Ltd.— Class Class 10-10 McCrory National :•-*! 4% : Corp., $2.50 preferred McCormick & Co. (quar.) 6-27 $25c Corp. A 7-10 National 5-27 5-16 25c ?• McCloud River Lumber Co.__^ McCord 5 Holders (quar.) 5-31 5-31 40c & _— t30c — i. (Alfred), Inc.— Partic. cljfes A (quar.) Class B (quar.) class 6- 4 6-15 : 30c Maule Industries, new com. (initial quar.)— Maytag Co. (quar.) McBrlne (L.) Co., Ltd., pfd. (s-a) 7-15 1 6-15 15c Lambert Partic. 8- 7 V2c quar.)— 1 6-25 3 ' — $1.50 $1.75 (quar.) (quar. Hegler Zinc Co.— dividend —.—i Stock When Payable 35c Nashville & Decatur RR. Gtd. (s-a) Natco Corp. (quar.) J ! National Aluminate (quar.) National Aviation Corp. (35c from ordinary income and $1.50 from capital gains) National Biscuit Co., common 6-10 6- B Chattanooga Quarterly _1 6-10 1 6-29 5c $10c Matson Matthiessen 15c RR. Co.- Per Share Company Nashville, 6-10 7- 1 75c (quar.) 1 7- 30c Matjiews Conveyor (qhar.)— Navigation (quar.)—_——^ 6-21 Exploration Co., Ltd.— Laboratories Foundry 6-21 Electric 5-17 15c Ishpertiing Master 1 40c (quar.) (quar.)__. 5% • Ltd. 7- $1.12V2 Massachusetts protective Assn. (quar.) 6-12 — the 31 Vic — Massey-Harrls-Ferguson, Class 6-20 6-21 Wf. dividend .Quarterly' 6- 1 1— Woods Milling Co., preferred (quar.)_— 7% 3 6-20 7- 1 7-20 Dock—^<■> 4r/2% preferred (quar.) Corp. (quar.)-Massachusetts Investors Growth Stock Fund 5-28 I Labrador Mining and Interim 1 Lake 6- 7-15 30c Masonite 5-31 — University (inc. (John). Ltd. of 1 6-15 6-12 Quarterly. Lake 7- 30c —— (quar.)2 common' Extension Quarterly _2-_ Labatt 7 ■-.*T ■ Corp. (qu&r.) Nashua Corp., class A (quar.)^_—______ 6-20 37V2c (quar.) '• Name of :» 7-15 17V2c —i--:— — Dry ' . of &eo.~ v. -1,-, Nachman —- 7 6- Stock & Holder* Payable 1 ,i. Ltd.— 20c Shipbuilding Common 5-31 17 Vic •• '4 Salle 6- 1 —. (quar.).^ Co., - La 1 6-20 —-— (quar.)__ 1st 7- Maryland 6 7- 5c . (quar.)— Mig., common (quar.) preferred A (quar.)'!! 2nd 5-10 — Kroger Company, 6% 7% 6-10 V 45c . (quar.)_ Rubber S.) 6- 50c Knudsen Creamery, common (quar.» Koehring Co., 5% conv. pfd. (quar.) 5% preferred B__ Kroehler 6-20 Go., (quar.) Marlin-Rockwell Corp. (quar.) Maryland Casualty Co. (quar.) 5-31 When Share Telephone 7%'"-preferred 5-31 6-15 20c (quar.) B.) 6-15 15c (quar.) Kittanning Telephone ■ 1 42c Keystone Portland Cement (quar.) Keystone Steel & Wire (quar.)_ Kimberly-Clark Corp. (quar.) Kingsburg. Cotton OiI_ <_■ ; 7- B-l Series 30c ' . Telegraph & Common (quar.)^' 4.50% prefeiied (quar.) Keystone Custodian Fund— Per Name of Company Marine 6-14 f < ■ inc. Clay Products Coast One-fifth ferrcd f; 5% Co. si-C'-' " 30c (quar.) (stock dividend) 6-14 4 6-20 ; preferred 6- — <■' (quar.) 31V4C 6-29 6-20 Financial Chronicle... Monday, June 3, 1957 The Commercial and (2602) 50 Insurance (Calif.) (quar.) Pacific Gamble Robinson Co. (quar.) Pacific Indemnity (quar.) Pacific Lumber Co. (quar.)— Pacific Tin Consolidated Corp. (quar.) Pacific Vegetable Oil (quar.) Page-Hersey Tubes, Ltd. (quar.) Panbanciie Eastern Pipe Line, com. (quar,)__ 4% preferred (quar.) Pantex Manufacturing, 6% pfcl. (quar.) paramount Pictures Corp. (quar.) Pacific Employers conv. coivv. 5% conv Appliance Parker Ltd., 1 5-27 1 12-16 10- Rexall 4 6- 6-28 6-14 1 5-20 220c 6-14 5-31 235c 6-14 5J31 25c 6-13 5-29 30c 6-14 5-31 25c 6-25 6-11 Rhodesian 50c 7- 1 6-10 25C 8-15 7-23 32ViC 6- 7-25 8-15 7-25 8-15 7-15 Rice 30c 6-15 6- Richardson 30c 6-14 5-31 75c 7- 6- 2% 6-15 5-20 Ulegel Paper Corp. (quar.) Riegel Textile, common (quar.) 15C 6-10 5-17 Rieke Metal Products Corp 40c 0-15 5-31 7 25c 6-15 5-31 45c 7r 1 6- 7 35c 6-10 5- 8 2' 0-30 6-' 7 40c 6-30 6- 7 50c 6-28 6- 3 50c 7-15 6-20 $1 6-15 6- 15c 6-25 6-12 $(J — 6-24 6-12 «- v 5 1 share 6-20 6- 3 shares held. 6-10 5-23 1 5-11 1 6-11 50c 6-10 5-17 40 c 6-10 5-17 20c 6-25 6-10 of (quar.)____ Natural Pittsburgh Forgings Rockwell 6- 6-28 6- 7% 7 6-10 5-21 50c 6-30 6- 4 25c 6-30 6- 4 Amer. Corp. Marie Reid, Rose 5-20 6-20 Ross 1 6-14 Ruppert 7-15 6-14 7-15 4-16 Sabine 6-25 4-16 210c 6-29 5-31 7- 93 Ltd. 7-15 7- 6-17 5-31 6- 5 5-22 6-15 5-31 6*12 5-28 6-12 5-31 25c 40c ■••• " 30c 30c Royalty Corp. &J Paul Fire 7- 1 6-10 St. 7- 2 6-10 Marine Insurance Regis Paper Co., $4.40 1st preferred A 5-27 5-27 Pittsburgh Plate Glass Co 6-20 6- Pittsburgh Railways 30c 6-14 5-27 12%c 6-21 5-31 40c 6-14 5-20 6- 3 5-20 Sarnia 6-20 5-23 Schlage Lock Co. 250c (s-a)_, 5% Public Service 6-21 6-28 5*24 6-29 6- J30c 6-15 5-10 Scott A; 6-15 5-10 Scranton-Spring preferred A Service New 4.18% Industries. 84.75 Corp., Ltd. (quar.)— Putnam (George) Fund— investment 7- 1 6-15 6-10 5-20 Scudder, 6-28 6-10 6-17 6- 6-29 (quar.) class A Finance Co., $4.75 sinking fund preferred 3 $5 sinking fund preferred Oil Co. (quar.) 5-31 (quar.) (quar.) 5-31 SeaboaR'd 6-29 5-31 Se&grave 6-29 5-31 Scaled 6-29 5-31 Sears, 6-14 5-31 Seatrain Lines, 75c 6-14 5-31 Securities Acceptance 20c 6-28 6-14 6-20 5-31 7- 6-14 $2 225c Quemont Mining, 230c 7- 1 6-14 1 (resumed! Corp. Power (quar.)__ Roebuck & C». (quar.) Inc. (quar. Corp., common Quarterly Seiberling 4ViVi Co., common Radio Corp. . • Serrick Corp., class B Stock dividend 6-26 5-31 50c 6-15 5-17 7- 1 6-15 Servo 6-28 5-31 Shakespeare Class A (quar.)___. Rath Packing Co. (quar.)— Raybestos-Manhattan, Co. (Frank G.) 6-28 b-18 convertible 30c Real Co., Estate class 4% Title 1st A 6-20 6- 1 4% 7- 1 6-20 7-1 7- 1 6-15 6-14 6- 5 6-15 6-15 5-24 6-15 5-24 22c 5c 6-15 5-24 6-15 6- 5 6-20 6-14 5-24 5-24 5-31 5-31 31V4C 25c 15c 6-12 5-31 5-24 Shell Oil Co. 7- 6-10 1 1 Shepard-Niles 5c 6-10 6- 6-21 6-11 Sherman 6-10 5-20 Sherwin-Williams 85c 7- 1 1 — 6-14 7 'i'o Crane Products preferred Hoist (quar.) (increased)-— Co. of Canada 7 Vic 6-30 6-20 50c 6-13 5-23 Class 10c 6-30 6-29 6-14 class A Reeves MacDonald Refractory & Inc. 12 (quar.) Ltd. Mines, Insulation (Interim.) (quar.)— - 6- 7 5- 6 6-13 5-29 25c 20c 20c 7- 2 6-15 6-15 7- 1 7- 1 6-10 5-24 5-31 6-10 6-10 J30c $30c : (quar.) (quar.) 6-29 6-29 5-31 5-31 6-20 25c (s-a) Inc., B 6-14 t$1.75 $15c (quar.) Ltd., com Shoe Corp. of America (quar.) Sluilton, 5-31 6- 7 Ltd.— Shirriff-Horsey Corp., _■ 7-2 6-28 6-14 6-28 6-10 6c (quar.) 12 Vic 5-31 30c 35c 50c 25c Sick's Bros., 6-10 7-2 t50c j56Vic preferred A (quar.)___ 6-15 Reed Roller Bit (quar.) Reeves 6- 5 6- 5 6- 1 5-20 6-20 6-20 6-20 6- 3 5-29 6- 7 5-24 5-24 0-10 30c 15c 10c preferred B (quar.) Shelby Salesbook Co._____ Sheller Mfg. Corp. (quar.) (quar.) Insurance 6-15 6-15 6-10 5-20 Co. 30c (quar.) 5-23 6- 7 7-10 7-10 7-10 6-14 6-18 6-21 7- 2 6- 5 7- 1 T- 1 Corp. (quar.) (quar.) Mining 35c preferred 7-19 Shawinigan Water & Power Co.— Reading & Bates Offshore Drilling Co.— Reading 7-17 5-17 7-19 6- 7 (quar.) Denn — Inc. 5-31 6-10 • —________—_—---- 20c ___ i 40c Corp. of America Sliattuck 87 Vic . 8- 1 6-10 8-1 8- 1 6-12 X 4ViI'o Purina Co. (quar.)— Inc. (quar.) Randall Graphite Bearings, Inc.—-— Rapid Electrotype Co. (quar.)— ; Ranco, 6-14 (quar.) 6-18 5c Ralston 11- 1 7- 1 6-15 6-15 $1.12 6-28 !_• i 11-15 (quar.) preferred A (quar.) 25c of America— $3.50 1st preferred (quar.)_ 6- 3 6-3 9- 3 | 12- 2 6-15 7-10 15c 225c 25c preferred 30c $1.20 convertible preferred A (quar.) Radio Condenser (quar.)__——2——1 7-5 7-17 6-20 5-24 5-31 6-14 6-28 6-28 6-7 5-27 f-27 b-.7 8- 1 (quar.)— 15c com.__ 6-14 6-14 6-10 6-10 5-24 6-10 5-17 6-10 7-1 7- 1 7- 1 7- 1 8-15 : Rubber Shattuck Hydraulics 6c Machinery Inc., b 17 6-.'.7 9-17 12-1 y $1.25 $1.25 15c 30c Wo 5'o Racine 6-28 6-10 6-14 7- 1 7-25 7-25 $1 50c 35c $1.2^ 225c 2$1.25 37Vic $1.25 preferred (quar.) Security Title Insurance Co. (Los Angeles)— 30c _ 6- 1 5'k (quar.) common $1.18% : 7-25 6-28 6-25 6-25 6-10 7- I 6- 7 6-24 15c 25c $1.1834 $1.25 25c 25c 25c ?5c 12VuC 10c 6-29 Quaker City Fire & Marine Insurance— Quarterly _________________ Quaker State Gil Refining (quar.) ___: Quebec Telephone Co.. 5% preferred (quar ) (interim) 6-15 Stock $1.07% ~ 6-20; 5-20 5-17 $1.25 25c Common (from net income) $1.04% income) 6-10 Vic 212 Vic 6-14 6- 5 6-17 6- 1 5-15 6- 3 Breweries, Ltd., common (quar.)^ Voting trust certificates (quar.) Signal Oil & Gas, class A Class B (quar.) (quar.) $20c -- - 15c 15c 7-26 ' Paper Mills 5- 8 5- 8 7 7- 1 6-19 ; 6-19 6-14 6- 3 6- 3 5- 6 6-29 6fc10 1 7-15 6-13 5-31 6-17 5-27 6-14 5-15 9-13 8-15 8- 25c $1.25 (s-a)_.— (quar.) 6-15 5-31 $1^ 10c $1,50 29c (quar.) 6-10 5-31 7- 1 6-14 7-1 6-20 4 6- 6-15 &: Electric— Southwestern Gas 6-1A preferred (quar.) ! > $1.07 4.65preferred !quar.i___— $1.16l + preferred (quar. 1$1,25 Southwestern Investment, common (quar.)— 12lac $1 preferred iquar.t 25c 4.28'o 6-14 6-14 5'c (quar.) preferred 6- 5-17 6- 5-17 28 Uc 40o 6- 5-17 7-15 7- 8 S21L»c 97*l>c $1.03% $1.06%' $1.10y 27V'aC $1.15 27Vic $1.50 20c; 20c 8- 7-19 5-. 7-19 _____— Southwestern Life Insurance (quar.) . Southwestern Public Service, preferred preferred preferred preferred preferred preferred preferred preferred 3.70lo S.90'^ 4.1 We 4.25rc 4A0ro 4.40% 4.60% 4.36% (quar.)__— . (quar.) — (quar.)_______— (quar.)—— (quar.)__— ($25 par) (quar.) (quar. t—— ($25 par)—:—_— 6% conv. pfd. (qtiar.)___— Spencer, Kellogg & Sons (quar.) Sperry Rand Corp., common (quar.), $4.50 preferred (quar.) ; Sparton Corp., (quar.) Spertl Products, Inc., 5% conv. pfd. Spiegel, Inc., common (quar.) $4.50 preferred (quar.>__ —_ $1.12Va<. 12*ac 25c $1.12Va 30c _________ — 30c Quarterly —30c Spotless Co., Inc. (quar.)_l —~—25c Springfield Fire Marine Insurance (quar.) 50c Staley <A. E.i Mfg., common (quar.) 25c $3.75 preferred tquar.)— —, 94c (quar.) Spokane International RR. Quarterly _______— — — Quarterly —_______—_——_ (quar.) Standard Brands, common S3.50 Electrical Products Standard Factors, Standard 75c' common 10% 9c (stock div.)— (quar.) —— class 10c B State Loan & Finance, class A B 50c 87Vac (quar.)_—183ic preferred Standard Tube Co., Class 50c • — (quar.)— preferred (quar.) (quar.). — — 22%c 22%c 6% 37%c 6% 37%c preferred tquar.)—__——_______ convertible preferred A (quar.) Stauffer Chemical (quar.) 45c Standard Holding Corp., class A iquar.i 15c Class B (quar.)______—_______—15c Standard Oil of California (quar.)_ 45c Standard Oil Co. of Indiana (quar.) 35c Standard Oil Co. of Kentucky (quar.)—— COc Extra - 20c Standard Oil Co. (N. J.) (quar.)_____—___ 55c Standard Oil Co. of Ohio, common (quar.)— 62Vac 3%% 93%c preferred A (quar.) Paving & Materials, Ltd. +37 Vac ' 150c Standard Pressed Steel (quar.)—— 6c Standard Register Co.. common tquar.)—— 30c Class A (quar.) —30c tquar.)_ Standard Extra Class class Ltd., S30c *30c 50c 50c (s-a) A (s-a)__— E — — Stanley Home Products, com. (quar.) Non-voting common tquar.) State Fire & Casualty, class A and class B shs. held) (stock div.) (One sh. for each 9 State Fuel Supply (quar.)— Lithograph— 5% preferred (quar.) 5% preferred (quar.) 5% preferred (quar.) 15c Ltd. Bros. Steduian $1.25 $1.25 $1.25 — ——— J25c (quar.) 25c Sterling Aluminum Products (quar.) Stern & Stern Textiles, 4%% pfd. (quar.)— Sterchi preferred Camp Inc., Webster & Stone Stonecutter —___ common Class B Mills —___4 (quar.) (quar.) Corp., 7-19 6-17 5-31 6-10 ;5-10 6-27 5-24 7- 1% 5-24 6- 3 5-22 5-31- 6-15 6-15 5-31 7- 2 6-14 10- 1 9-13 12- 12-13 6- 5. . 2 5-29 7' 7- 1 6- 6- 5-24 5 6- 6-20 6 5 5-24 6-15 5-15 6-15 5-15 6- 5-20 6-10 6-28 6-17 6-28 6-17 6-14 5-31 6-15 5-31. 6-15 5-31 6-15 5-31 6-15 5-31 6- 5-17 1 7-10 5-25 7-10 5-25 6-10 5-10 6-10 5-10 6-10 5-28 6-10 5-28 6-11 5-13 6-10 5-17 7-15 6-28 7- 2 6-14 7- 2 6-14 (quar.) .— (quar.) Publishing Co., Ltd.. Oil Co.. Ray Drug Stock 6% Co., common dividend convertible preferred International Sunshine Mining Sunshine Biscuits, (quar.)—_— Inc. (quar.) 6-10 7-15 6-30 7-15 6-80 7- 1 6-15 7- 1 6-15 5-14 6-10 5-20 6-29 6-15 9-30 9-14 12-31 12-14 7- 2 6-15 6-14 5-31 1 6-10 6-11 5-28 7- 5-17 6-14 7- 1 6-14 7- 1 6-14 7- 1 6-14 6- 6-15 6- 3 6-10 6- 3 6-10 6- 3 6- 5-15 6-14 6- 1 6-14 6- 1 6-10 6- 6-10 5-10 6-15 6- 37%c 30c (quar.) Petroleum 6-20 5-24 5c 5%- — Sunray Mid-Continental Oil,-common 6-10 6-28 25c 25c +12',2C (quar.) ; 6- 6-20 8 ^ class A 1 6-10 45e 6c (quar.) (initial) Storer Broadcasting Co., common (quar.) Class B (quar.)_ ! — Stuyvesant Insurance Co :— Sun 7-19-1 7-19^ 8- 35c ——- class A Stonega Coke <fc Coal— New com. after four-for-onc split Sun 8- 8- 6-10 30c 43:%e 25c 25c (quar.)—— (quar.) prior preference (quar.) convertible 2nd preferred Sun 7-19 25c 50c 5c 5c Corp. Stix, Baer & Fuller Co., common Stokely-Van 56c 25c 50c (quar.)——_______ (quar.) Stores Bros. Stewart-Warner 5% 7-19 8- 6-14 Traung Steelier 5% 7-19; 8- • Stanfields, 7% 8- (Detroit)— Standard Accident Insurance Co. 6-26 6-10 6-10 6- . 50c 75c 70c Southwest Natural Gas, common (s-a)—___ Sunset Sigma Mines (Quebec) Ltd. (s-a) 6-12 6-28 -•« $1.20 preferred W» Power, $6 preferred (quar.t_ Southwestern Electric Service 6-15 6-12 7-1 6-21 1> —_____ 6-10 25c income— «fc Clark from Stevens Fund, Inc. 35c ; Pyic-National Co., common (quar.) ,8% preferred (quar,)—-— Ltd. Inc., Utah 6-18 6-12 1 (quar.).: common 6-20 6-20 6-20 5-31 5 5-28 7-15 . 40c :— preferred f-quar.)^. Southland 22Vic $1.02Vi " 12Vic i; (quar.) preferred Southern Railway, 5-13 6-10 7- 1 7- 1 6-15 6-29 7-1 6- 5 5-31 6- 6-14 7- (quar.t__ Co. 6-14 6-20 ^ (quar.) Sciidder, Stevens & Clark Fund, Inc.— 45c ——— Purex (From (quar.)_ Scrlpto, " (quar.) 5-28 Brook Water Service— 10c pfd. 6-10 85c 6-15 $1.25 __ Pacific 5't 5-31 ; 7- — 4.80S--preferred ' 5-31 ? & Electric— (quar.) i.quar.)__ Natural Gas (quar.) i 7-15 12- (quar.) 5 6- J 60c .',€-30 27c 6-30 27V6- 6 (quar.)i.____—_______— Company Common 5-24 ;■ preferred 5-28 3 6-28 . Southern 50c $1 4.10'<7 24c ___ ;_____< 6 6-14 5- 50c 550c .> (quar.) Southern (quar.) $1.02 (quar.)——. Inc. common Williams, Inc. Quarterly (quar.)——— preferred Pullman, 5 preferred tquar.)____, Southgm Co., Ltd. (quar.l__— Southern California Edison Co.— Original preferred 27Vic 50c — 5-31 ' preferred (quar.) $3.40 preferred (quar.) (R. I.) (quar.) 7-15 5-24 5-31 6-14 50c (quar.).._ com. 8(w 3 ; (qnar.) 11-18 17Vic ______ (quar.) preferred Paper Co., Seaboard 6c Gas, com. (quar.)—— 6-14 1 6-13 7- 1 $1.12,a 5 $4 * ' (quar.) Publicker Scott Mexico— (quar.) 6-28 4preferred (quar.) South Porto Rico Sugar Co., 6-15 6-28 Water Co.— 6- (quar.) preferred A 20c Electric $1.40 preference 4.08% preferred 4.30'«? 5Wo Common of 5-31 Pittsburgh — 6- (quar.) 1 $1.25 ' preferred—_________ Co. 6-10 Corp.— 6-29 Prudeptial Industries, class A Public Schwltzer 5 6- 5-31 40q —— (quar.) Providence-Washington Insurance Co. South 15c preferred (quar.) conv. Ltd. Bridge, 27 %c — 5-31 8- 3 6- 7-1 7-1 56'\c 50c — 6-13 Common $1.50 Progress Mfg. Co. convertible (quar.) ... 230c (s-a)_ 6-10 $1.10 60c $1 $1.07Vi 15c (quar.)___ common preferred (quar.) San Antonio Transit Co., common 6-24 ____ Preston East Dome Mines Ltd, $2 Inc., 6-10 — (s-a)— (quar.) (quar.). $4.30 Inc.— preferred Stores, preferred 10c __ 5% $4 40c (quar.)—— Porter (H. K..t, Inc. (Mass.) (quar.) __ Portland Woolen Mills, Inc., 6% pfd. (quar.) Porto Rico Telephone (quar.)— Potomac Electric Power (quar.)__ Prentice Hall Safeway 4 Sandura Co., 60c $1.75 Oil Co. (quar.)-: South Penn Oil 4.50Vo 4-29 6-19 \ 27*he 62.Vac 57'ac , preferred (quar.)_ iquar.) 5-15 5-21 St. 6-11 Co Pittsburgh Screw & Bolt (quar.) Pittsburgh & West Virginia Ry. (quar.) Pittsburgh, Youngstown 6c Ashtabula Ry.— 7% preferred (quar. )______ _________ (s-a) preferred (quar.) $5 preferred (quar.) . $5 preferred (quar.)' St. Louis Steel Castings (increased quar.)___ $1.75 — ". $5 3 6- G-12 (quar.) Inc (quar.)— Joseph Lead (reduced) St, Joseph Light & Power, common (quar.) 5r'r preferred A (quar.) ; St. Lawrence Corp., Ltd.. common (quar.)— Wo preferred A (quar.)_______ St. Louis San Francisco Ry., com. (quar.).. $1.75 k— .... (quar.) Haynes, 6c 6-11 ____ — (quar.) preferred 55c Extra 6-14 6-15 7-15 6-10 £-28 6-28 6-28 ' 15c —_____ 6-10 15(« 35c 15c 12»ic 30c $1.12Va 10c 5c (fimJ)— reg. Engineering (quar.). (Jacobt, 4'i'.'o preferred 75c Powell River, Ltd. 6-24 (quar.) preferred (quar.)_»——; 4.60preferred (quar.) 6-15 2$1.06lA (J. O.) Ryerson 1 $1 12c 35c (quar.)— Ltd. Wo ^ (quar.) Ryan Aeronautical a- Development. Common 5-24 5-15 5-10 6-13 6-29 6-10 lor ■ 5-24 Electric & Gas Co.— Carolina 7-15 * ■ 5-15 6,-28 • . —— 5-24 • 6-28 10c ——■— Wo Mobile Oil Oo. Inc. (quar.)^— — 50e Solar Aircraft Co. (quar.25c Sonoco Products (quar.) 25c gonotone Corp., common (quar.) 7e $1.55 convertible preferred (quar.)_______ 383ic $1.25 convertible preferred A (quar.) 31 Vic Stock dividend 6-17 225c 224c 3c 220c $2 St. $1 25c Plymouth 7-11 6-14 6-25 ord. common convertible 5'o 4 6-29 6- $1.50 Extra Placer 78- 5-31 5-31 6- 5 6-20 7-31 6-28 6-10 6-14. Socony 6-15 (quar.)_. receipts deposit Cable Rome — (quar.)- Pittsburgh Metallurgical 6-11 Rolls-Royce.— 75c 8 Vic preferred (quar.) Manufacturing Spring & Axle (quar.) Holland Paper Co, Ltd., 4)4r,h preferred (quar.) 7 6-10 . Tools, new common (initial) Snyder Tool <fc Engineering Co. (quar.)__— 6-15 Rockwell __ 7- 50c 5-20 5-27 6-28 5-15 6-10 55c 5-20 3 $1 ; 6- - (quar. ) 1 ! 3 _________ (quar.) 5 6- 7- -r 30c 525c 40c 30c 30c Snap-On 5-15 34;:ec 6- Pittsburgh Ft. Wayne & Chicago Ry.— Common 5-J6 37 Vic 6-13 (increased) Gas 6-11 7 ftwithern (quar.)— 6- 87 %c Piper Aircraft (quar,) —_—_ Pitney-Bowes. Inc. (quar.).._ ___, Pittsburgh Consolidation Coal Co. (quar.) — 2 6- 60c redeemable at par) Pfd. shares 30c 45c (annual) Pillsbury Mills Inc., $4 preferred (quar.)__ Pioneer Fund, (from investment income) — Pioneer 7- Smith, Kline & French Laboratories (quar. i ^ Smith (S. Morgan) Co. (quar.) 50c 37%c 8 Vic (quar.)— ■ Corporation (quar.) — Smith (Howard) Paper Mills Ltd., com. (quar.) Southern Indiana Gas Robinson, 20c Mines, Co. 35c (monthly)- Gold 6-14 7- Robinson 5-20 6-10 — (quar.) Crow 6-28 55c SI 45c Skil 4.32 — $1 dividend participating preferred 8'ic Pickle 6-20 (P. L. ) Mfg. Co., Ltd.— Robertson 12 Vic Co. 7-23 Corp. Southern Participating : (J. C.I, $1 class A (quar.) ; Little & Co., Ltd., com. (quar.) Rochester & Genesee Valley RR. (s-a) 75 e — Glass 6-14 OS'lic 17%c 5preferred <quar.)_ 7- 7- Philadelphia Title Insurance— Philco Corp. pfd. A (quar.)__ Philippine Long Distance Telephone Co.— Phoenix 12-13 6-28 20c —. _ Robertson-Fulton Control, com. 40c (quar.) 8% preferred (quar.) — ____- H.t (H. 5c (quar.) 1-1-58 30c 35c $1 —1 (James) (stock dividend). (One 3'o non-cum. pfd. for each two Robertson 6- Exploration Common — (quar.) (quar.) Participating 6-15 Philadelphia, Gewuantown & Norristown RR. Co. Singer Manufacturing (quar.) 614 Superior Co..common — Skelly Oil Co. (quar.)—_.——______— per pence 10c (quar. i 9-13 Oil 7-10 ordinary share less Rhodesia and Nyasaland taxes of 37 Vi %. The net dividend will amount to approximately l(Jc per American share)—Robbins & Myers, Inc., common (quar.).— $1.50 preferred (quar.) —— 6 $1.12% Phelps Dodge Corp. (quar.) Philadelphia Electric Co., common $1 pref. common (quar.) 1 2c 25c 75c Roadway Express, class A (quar,t_ Roan Antelope Copper Mines (Interim.) Robertson — _ (quar.). Corp. preferred A $4 income) Ffizpr (Charles) 6c Co., common 3 Vz % preferred (quar. t__ 4% 2nd preferred (quar.) 10- South Co.__ Co. Oil Richfield 75c Sinclair Soss Mfg. i (quar.) _______— South American Gold & Platimun-AC- Riverside Cement Co.— $1.25 partlc., class A (accum.) 1 1 Oil Ranch (quar.)___^____________ 9-13 5-31 7- 2 6-10 6-15 6-15 6-15 90c — 5-31 7- 2 —___ Co 1 subject to deduction of Rhodesian and Nyasaland Income tax. Based on pre¬ vailing rate of exchange. The amount will be approximately 5c per American share) 8-15 (quar.) 1 Selection Trust, Ltd. (American (interim). (8 pence on ordinary 33c (quar.) (increased) Simonds Saw <fc Steel 7- 593sc preferred A (quar.) 4%.% 245c 25c (quar.) 4% <•„. preferred, (quar.) Peter Paul, Inc. (quar.) Reynolds (R. J.) Tobacco, com. (quar.) Class B (quarJ— 3.60% preferred (quar.)— 4.50% preferred (quar.)—i Reynolds Metals, common (quar.) shares) (quar.)— _ common Simpsons, Ltd. 6-14 Si75c 3% 40c 12Vic 80c SOC 90c $1.12% 12Vic (quar.) 6-14 shares - — Co. Drug 6-18 5-15 Class B (quar.).____ Simmons Co. (quar.) 1 (quar.) 10- 228c (quar.)_ A preferred (quar.) Republic Steel Corp. (quar.) Reslstoflex Corp. (stock dividend) Revlon, Inc. (quar.)— 9-16 1-2-58 5c preferred _'—_____ Pepsi-Cola Bottling Co. of Long IslandQuarterly — Permian Basin Pipe Line Co. (quar.) pfaudler Company Class 6-15 ?5c - tquar.) Ltd., class A 5-17 7- 227c — — 12 Vic 6% Petroleum (quar.)— preferred Sllverwood Dairies, 6-15 Republic Insurance Co. of Texas— 6-13 1 7- 2 Vic (quar.) Servfcc A 5% 5-17 6-15 6-15 +25c ?50c 515c 515c 70c 512Vac —- of Ree. Payable Share (quar.)_—— Silknit, Ltd., common Holders When Per I .. Name of Company 6-15 22c 228c 15a , n mr 1 7- 87Vic 20c $2.25 4% (stock dividend) Petrolaue Gas ' Extra 6-21 6-14 (quar.) : Boys-Manny, Moc & Jack, common Co. Class 7- 50c Peoples Telephone, common Milk Co., 5-31 37 %c *1.60 conv. preferred (quar.)— Peoples Drug Stores (quar. > Peoples Gas, Light fic Coke— New common (initial) Pet 6-15 Co. Extra 6-14 25c Pennsylvania Engineering (quar.) Pennsylvania Glass Sand (quar.) Pennsylvania Railroad (quar.) Penn-Texas Corp., com. (stock cllv.) Pcrmutit 2 7- 2 ViC Corp.— (Balance of undistributed net pep 3 6-15 (quar.) Corp. (quar. t Chemicals 6- 1 Pennroad Penusalt 5-23 6-10 7- Co. (quar.) Penney (J. C.) Pehn Fwiit Co. 6-11 $.1 (increased) common Controls, Inc. Penn-Dixie Cement 5-15 45c — (.quar. i Pcnn 6-10 +90e Ltd., common (quar.) 7% preferred (quar.) Peerless Cement Corp. (quar.) _ Penlck & Ford, Ltd., new com. (initial) Peninsular Metal Products Corp Peninsular Telephone Co.— Common (increased) $1 preferred (quar.) $1.30 preferred (quar.) $1.32 preferred (quar.) Penman's 6-15 10c Mfg., paton 1 25c (quar.) Inc. 7- $2 Transportation (quar.) & Co., Parsons 5-22 2 ViC preferred (quar.) preferred (quar.) parmalee 5 70c preferred (quar.) 5% 6- 50c (111.), common (quar.)-. 3VzVo preferred (quar.)—_______— _ Remington Arms Co., Inc., com. (interim)— 4(2 %. preferred (s-a> —— Renable Mines, Ltd. (interim.) — Renold Chains (Canada), Ltd. cl. A (tfuar.) Mfg. Reliance 5-23 20c park CbemicaLCo.— 5% 5-31 22 Vic Hoiaert Payable of Rec. 6-3 5-27 6-21 Share Company Name of Payable of Rec. Name of Com nan v When Per Holders When Per Share (quar.)- 4c (s-a)— _* 10c $1 4 1 3 6- 3 5-15 6- 3 5-15 6- 3 5-15 6-20 5- 6-27 6-11 6-29 6- 5 9 5-31 5- 3 Volume 185 Number 5643 . . The Commercial and Financial Chronicle . (2603) 51 -- 4" --i Sutherland Swift . & Paper Co. (quar.). , Sylvania Electric 5-17 United Gas 6- United 50c 50c : 1-1-58 & 50c 7-1 1 2 4-18 25c •__ 7- 2 6-10 5-29 (quar.)_____ : 30c ~ 1 7-1 7- 6-14 Ltd.— preferred 4.25% preierred 4.50% preferred (quar.)_ S. Freight. Co. S. Gypsum 6-15 6-7 U. S. 7- 1 6- 7 U. S. 7- 1 6-7 U. S. 7-1 preferred Gas 4.96% 7- (quar.) Gulf Common preferred 7- Gas (qpar.)__ common Cc; Box Products, Oil Inc. preferred B & $2.80 R preferred Tung-Sol Electric, 4.30% pfd. called R fcr 6- 6- 7- "which La & A Union Sugar Union Wire Aircraft 8-15 3 6-15 5-31 $1.25 35c 6- Corp. - 6-18 40c Co. (quar.)_ 25c commoh____-______ 2nd pref. (quar.) (quar.) f5c 7-15 " Carbon United Cigar-Whelan. 7-26 6- (quar.) 25c $1.37'A 7-1 1 Ltd. (reduced) Services *6-14 6-10 5-24 5-25 5-20 6-14 5-24 $15c 5-31 1 6- 1 6-18 feet 75c 6-10 5-25 a 6-15 4% Insurance $1.50 & 6-20 6-15 5-24 6- 4-30 Total 9-14 9- 6 Shares 5-27 1 6-10 1 6-10 6-10 5-15 As of 6-10 16%c 50c Wilcox $-31 Williams ______ .__ (quar.) 5-31 6-10 5-15 5-15 6-28 7-3 5-23 6-10 85c pfd. (quar.) 6-10 5-23 56'Ac 4'A% 6-21 6- (s-a) 7 5-28 5-31 WHor 10c 8-31 8- Wolf 87V2c (quar.)—.__ (increased) (quar.) 10c (s-a)__.—.—______ 9 Of & Public Dessauer 7-15 Wood (Alan) 1 10-15 Wood 5-29 6-10 5-17 6-10 5-29 75c 7-15 6- 7 ; 6-14 6- 6-10 5-15 3 6-14 5-31 184, for The working capital Outstanding' , 200,000 shs. — its plant commencing Festus of Real 109,292 shs. approximately 45,000 square Co., which lease is for Estate Jan. 1, 1954 and ending 2494. with the statement $1 SEC an covering value.—V. par 183, amendment additional an Dec. 31, on May 23, 1957 100,000 shares of 2696. p. ' 1957 1956 $73,076,756 $57,305,539 1,996,194 ——-_— 1.529,700 $36.61 __r: per $37.46 snare & Clark Common Stock Fund, Inc.— \ 1957 1956 $16,166,511 $12,658,872 655,403 524,708 $24.67 $24,13 __— share— per amalgamation of this companv with Canadian Pipelines As became effective May 9, 1957. of Canadian Pipelines — Petroleums Ltd. have been Petroleums Ltd.. The shareholders notified Trust forward to Co. of New their shares Canada; or 5-31 Canada, to 8-20 7-30 share 5-17 8- 1 11- 1 7-1 7-12 6-17 receive basis. The of acres 6-29 6-14 and land Saskatchewan, 7-15 5-31 Canadian Bank of Commerce Scurry-Rainbow to be the an Provinces Oil Ltd. listed are and the on a share-for- the on Calgary American and Toronto interest in approximately 8,300,000 of British Columbia, Alberta and Western 19 capped gas also V. issued States, Canada, and varying interests in 416 oil wells, according to Thomas H. Jones, Chairman 185, p. 2104. 5-31 6-15 in in President. See 6-15 $1.10 of shares Scurry-Rainbow Oil Ltd. holds gross 7-31 $1.12'A shares new Exchange in the United Stock Exchanges in Canada. 10-11 the 20 Exchange Place, New York City; or to the Co., 508 Eighth Avenue West, Calgary, Alberta, to the Prudential Trust Co., 51 Wellington West, Toronto, Stock 6-14 to York, Trust 6-10 wells and — (see Alan (quar.) Co.—Earnings Up Slightly— 6-15 5-31 6-15 5-31 6-20 Earnings for the six months higher than for the comparable 5-31 President, 7- 1 6-10 — Wood 6-15 5r31 after 6- 5-17 last in accounting practice. This to 66 share the 17'Ac, Steel)^— (quar.)— Net said 3 22'Ac 6-10 5-29 12'Ac 6-28 6-14 37'Ac ». — 40c year 6-4 5-14 months 5-22 dends to a in ended 34 report a the March on the second March a ended 70 of a fiscal cents last. as March period a restated was to for shares were Paul A. slightly Appleby. $3,367,266, the the after then current $1,642,292. This compares was on conform equivalent 4,286,503 were 1957 ago, 1957 share Earnings quarter of the 31, share. 31, year shareholders. half to 31 $3,202,978, cents to first dividends at were cents 6- 8 for preferred Earnings (quar.).. in income outstanding 20c (quar.) Finance $1.12'A 30c — Co Governor Seaboard $1.20 com. at be was 2329. $1.50 —________— (quar.) (quar.)_____— (quar.) Woodward Iron Co. used 2329. p. 30c $1.25 Co.— Wood Newspaper Machinery Corp. Woodley Petroleum Co. (quar.)_ Woodward be Light— Service, Steel the to EFFECT TO PRESENT FINANCING assets 25c —_— (quar.) Conversion 50c $1.25 75c 1 40c • Co 8- 6-14 to are purposes. the outstanding Prudential B preferred 11, 15c —__________ series & are Scurry-Rainbow Oil Ltd.—Amalgamation Effective— 6-17 (quar.) preferred Wisconsin 6-15 87'/2c (s-a)__ 7-1 (s-a) preferred 4.80% 6-10 50c common —V. 6-14 6-10 (quar.) Power 4.40% proceeds occupies p. Net asset value 5-31 7-1 6-24 Wisconsin Electric Power Co., 6% preferred (quar.)_______—_____ 50c A 6-10 50c 75c Co., Wisconsin with offered proceeds 5-31 —_____—- Wisconsin Michigan Power 4'A% preferred (quar.) be (Mo.)—Stock from value 7c 6-14 7-15 & 8- 35c A Co. to 7-12 series Co. & Shares 1 ,7-12 Inc., common (quar.)___—__ 25c Common (quar.) 25c $4.25 preferred (quar.)__; ——$1.06'A Winn-Dixie Stores (monthly)_____—_______ 5-31 35c Oil The assets p. Total net 5- 6-15 Sewing Machine Co.— pfd. conv. Wilson 5-31 25c (quar.) Cos. 5% 4-29 1 Corp. 6-17 SEC— notification stock May 17— 1 8-1 & 5-31 of common underwriting. $1)— _ Scudder, Stevens 6-10 $1 Wickes 6-17 letter a A Assets Show Gain Over Last Year— 7- (quar.)_________ iquar.i.— x. 1 $1.43% Willcox 6-10 6- (quar.)_— (quar.) preferred (quar.)——~ common $ our company outstanding 184, 7- 5 pfd. —V. 7- 6- 6-27 6-10 tl2'Ac (increased) 6-5 Gibbs 1 6-15 6-15 — (quar.) Co., 7- 7c .j 12'Ac A filed class GIVING May 17— asset 13¥30 class 13 years five 185, net 30c Co._.— 1957—20 Wks.—1956 j Scudder, Stevens & Clark Fund, Inc.—Assets, etc.— 7 $1.25 : lease of stock, As of 1 6- 6-14 6-15 . payment 5 6- 6-14 conv. 6- 6-15 5'Al% preferred (quar.) _____________—$1.31'A Whitney-Blake Co.__——_____________—10c 5% 3 6-15 5 6-15 corrected .Authorized (par registration Net —: (quar.)_. Paper its 20c (quar.) net corporation filed to Capital 15c —— common common convertible Motor 7 5-31 5-15 3 I12'Ac Brake lien 6- 6-14 6- t30c 7-20 6-10 The here Scudder Special Fund, Inc., New York—Registers With and Exchange Commission— This Stationery Corp.— Air Corp., * 7- J25c (s-a) Incorrect. Indicated Securities 20c Co., (George), Ltd., (Increased) prior 5-17 7 25c • - Whirlpool 6- 6-29 8-1 $1.12'/2 A Hob* 9-16 P40c 75c class 5 * 7%., $ corporate corporation under period 5-31 I30c (quar.) Weyenberg Shoe Mfg. (quar.) Wheeling & Lake Erie Ry., com. - 1 6-14 "2Sc 1 B 25c (quar.) is of made in general stock 1958.—V. The 3 11c income)__ (quar.)_____—,—_ Canada 4'A% 6-15 5 6- organized in Missouri on Sept. 13, 194G. It has its principal place of business at 1049 Front St., Festus, Mo. The corporation is engaged in the manufacture of fractional horse¬ power motors and special assemblies. The principal markets for its products are business machine manufacturers, appliance manufac¬ turers and instrument manufacturers. 7- White 4% 6- 6-15 ; was Scruggs Co. was BUSINESS—The 7- 15c investment Common 6-15 Whitaker 6-15 6-15 company's activities. CAPITALIZATION 50c — 7-20 12'/2c tax without expansion of other 50c — May share), ' 47c 7-20 6-24 •$.-•>« 5-15 v."* $1.50 Additional 6-14 12'/2c -6- 25c (quar.)— net Hydrocarbon Weyerhaeuser Timber 5-29 6-17 40c 6-7 . I. 7 Inc.— Life 25c (s-a) 6-28 Institute— 1957—4 Wks.—1956 shares 6-14 ' y quar.) Breweries, Ltd. Kentucky Gas Co. Class 1 7- 2 75c ; date ' on PROCEEDS—The 8-15 (quar.)__ Fruit Co. 8-20 7-1 8-15 (quar.) Coal 5 -5-16 25c 8-15 preferred Corp. • 62'Ac 87'/2c $1.12'/2 preferred Electric 6-12 10- 7-20 convertible Elastic 40c 50c 8-15 convertible United • -. 25c 30c (quar.) Carr-Fastener United - —._ 6-14 1 preferred (quar.) Inc. (quar.)_ Weston 6-14 6-28 tl5c 10% Co., series (Del.) — 5-10 7- conv. Westpan 5-27 1 2 7- . 158,491,246 151,283,378 786,154,811 736,244,684 2,500 per Mention 5-15 25c 1 $1 of America, (quar.) Co. 5 6- 92'/2c (initial) United Corp. 7- 6-10 38c ___^— Ltd., Can & Glass 6- 6-10 6-20 7- Westinghouse 9-20 7- .. 7- 1 to common and 5% preferred (quar.) Western Utilities (quar.)___ 6-20 1 8- Offering Details— issue of May 27 of the offering stockholders of record May 10 of 54,646 addi¬ tional shares of common stock at par ($1 per share) on the basis of one new share for each share held. Rights expired on May 31, 1957. The offering was underwritten by Scherck, Richter Co., St. Louis, Mo. There will be no public offering or distribution of any unsubscribed shares. 6-10 — for (Loyd) 6-20 50c Western 5-24 7-1 5-31. 8-1 tax. date 2104. p. ($10 Disney (Walt) Western 5-15 10- 5-|T C 6-11 % tax. record corporation par 5-29 50c West 6-14 62'/2c 25c resident —: covering used 6-10 10c 185,' The 8-20 t25c Indies Sugar (quar.) ! t— West Jersey & Seashore RR. (s-a) Ohio Gas Co. (quar.)_____ Westeel Products, Ltd. ____ 5-25 6-15 * 5-31 20c Western 6-29 6-15 1 6-15 30c published and/or —— SEC 5-23 6-20 29c Carton 3 6-14 6-15 20c Corp. 5-31 10c — (see > 12'Ac West ; 6-10 Louisiana— Corp. 6- (quar.) (Quarterly from 5-15 J25c & 5-31 preferred Wellington Fund, 5-15 30c (s-a)____ ; (quar.) preferred 6-20 conv. Western Tablet $0,096 (s-a> Board 5-31 -150% (quar.) Common 18) (quar.) Amusement, Biscuit 3 6-3 ? ■ ■'"" (entire* dividend Artists 6-20 $1 common Equipment, Welex Jet 5-31 53%c 1 $1.25 Salesology, Inc., Phoenix, Ariz.—Files With 5-31 $1.50 {qusu',.) (Increased Weiman Co., 3 6- 77- (quar.) 156'Ac : 5-31 6-20 6-20 4% 5-10 $1 I Products Aircraft 6-20 4% 5-10 6- dividend United Air Lines United 6-10 8-26 6-13 (quar.) (quar.)____ Co. 5-23 6-10 (Omaha) Rope —V. $1.03 Waukesha Motor Co. (increased-quar.) Wayne Knitting Mills (quar.)— Weeden & Co., common (quar.) 7 6-10 (quar.)___ Stockyards B 6-7 50c (quar.) (quar.)— B Waterous 5-31 (quar. of 5-15 4 $1.05 Washington Title Insurance (quar.) Washington Water Power (quar.)— 11-15 (quar.) Gas 6-7 6-7 6-15 preferred Oil 6- 25c Sales $1.25 4¥2% preferred (initial quar.)_:—____—_ Washburn Wire Co. (quar.) 6-7 lOc preferred preferred Common 6-7 6-10 6-15 J30c Period End. May 18— 1 5-24 $1.01 —.— _______ 6-14 Co. 5-17 6-28 6- 1 (Continued from page 10) 5 7-1 2 1 7- 62'Ac Safeway Stores, Inc.—Current Sales Up— 6-15 $1.25 ______ Baking Co.,. :.5.'A% 6- 6- $1.12'A 2 1 6- 5-25 (quar.) income 2 5-27 11-25 (quar.) ________________ Union Gas of Canada, Ltd. (increased quar.) ;$3,50 Ward 6-15 35c (quar.) preferred 2 6-10 7-2 6- 6-15 6-10 (quar.) (quar.)__ General Corporation and Investment News 6-20 37'Ac (initiall (quar.) 7- 62'Ac 7- 6-15 50c $1.25 income 8-31 Industries, $1.25 preferred A (quar.>__ '! 31'Ac Warner-Lambert Pharmaceutical)** v* - * 7- date 5-24 1" 40c to June Street Ltd., preferred A 6-17 12- 8 2 jr Previous 6-1 50c J12'Ac Electric Class on Union Electric Co., common "$4 preferred (quar.)' v$3.50 (quar.) Springs, Inc Railway (quar.) conv. 6-10 9-10 12-10 6-14 7-2 7-10 17'Ac par) 15%; Jamaica 6-10 6- 7-2 tax British 6-14 6-20 6r $1.75 (quar.) (ouar.)'____ com. pax'tic. * A ; Ward 7- resident Less 6-14 6-29 5-27 7-31 6-7 1 7-1 62'Ac non-cum. 6-29 6-10 : Less 5-10 150c Walt Disney Productions Productions t 6GO 50c (quar.) Underwood Corp Union Acceptance, 3 6-15 issue June 18 at includes this divi- price Salle 6- 6- 7-19 " 25c (quar.) Corp. (quar.)_ 6-21 $1.25 (quar.) Waldorf System, Inc. (quar.) Walgreen Co. iquar.) Walker & Co., common (quar.)- '6-10 -6-25, ?5Ci 7-1 6-20 7-1 " preferred a 6 5 1 1 37'Ac (quar.) common Coke x 6 $1.25 dividend Wagner 5-20 6-25 9- 12- 7- $1.25 * The Goodwill Station (quar.) Waite Amulet Mines, Ltd. (reduced) 5-27 6-10 25c * United 6-10 9-27 57c WJR 5-24 25c series) Udylite Corp. (quar.) $3.50 6-15, 70c Quarterly United 5% 5-13 50C redemption Clutch 208 South United 6-24 7 12-27 5-31 78- 'Transfer books hot closed for this dividend. tPayable In U. S. funds, less 15% Canadian non-residents tax. {Payable in Canadian funds, tax deductible at the source. 6-14 25c : — 7 (s-a) Century-Fox Film (quar.) Fire Insurance (Minn.) $4.50 Stock 7 6- & 6-15 25c (quar.) (quar.) Extra— 7 6- 10c common Vulcan Mold & Iron Co. Iquar.) Vulcan Materials Co., common 4-26 1 6- 6-28 65c Hot Virginian 6-7 3 6-29 30c (quar.)_ 5c class (quar.) Co. preferred 5-31 (quar.) Twin City Twin Disc United $4.12 5-31 7-1 6-28 30c (quar.) common Virginia 5-24 6-15 6-15 30c — preferred (quar.) preferred (quar.) $4.20 preferred (quar.) 6-10 1 6-15 25c (quar.) series) $51,896 United 6-29 6- 150c Asso (1954 dend." Conv. into Class 7 150c common ' 40c $4.04 5-24 1$1.12'A (quar.)__ (1954 5-29 __; $5 5-31 6- 171%c preferred A '< United $-15 160c ; (quar.) preferred ),4.30% United 6-14 Ltd,**— common True Temper Corp. Trunkline Gas Co., Stock 7-1 f60c Coal, 3 35c <quar.)___ Greenbush 6- $1.25 (quar,)________ (Hartford) (quar.) Insurance (Hartford) <quar.)___ Truax-Traer United 6-14 37»/2c. 6-10'! __ ___ preferred Travelers United 7-1 $1 " Trinity Universal Insurance Quarterly Stock 6-14 7-1 X 6-15 (quar.) Inc. Chemical New 6-22 6-14 1 75c Travelers Insurance Class 1 7- 31'Ac (quar.) . 5-25 7- 7-1 50c 5% preferred B (quar.) Transue & Williams Steel 'Class 6-10 20c : 3 433Ac Viking Pump Co. (Iowa) Virginia Coal & Iron (quar.) Virginia Electric & Power— A 4'/a% Union 6-3 Vick 7 31 Vic 5%% preferred (initial) 5% preferred A ; 7-1 17'Ac Class B______ Union 7-10 $1 (Los'Angelesl—■ 6- 40c Viau, Ltd. (quar.) Viceroy Mfg. Co. Ltd., 7-10 30c ■ f 7-10 6- preferred Veeder-Root, 7-10 15c _ 6-15 5-31 15c Co-Operative Mercantile Quarterly : 1 5-16 37'Ac Zion's » 5-20 . 3 1 6-20 $1.12'A common Radio 5- 6- Francisco)— ($50 5-10 (quar.) 5% _ 5-20 6-10 (quar.) preferred 35c _A___ (quar.) (increased)- Towmotor Corp—— Finance Corp. $4.50 preferred 5% 6-25 6-14 t 6-15 <• 6-14 V (quar.) 5% 1 • 1 30c Vanity Fair Mills (quar.) Vapor Heating Corp.— 5% 30c (quar.) _ preferred 5-10 8- v $2 i.—: Inc., 5-17 8-1 7- 50c (quar.) 6-5 $1 dividend qu ar ."jTI t $2.28 Steel Industries 6-15 $1 (quar.) interim. 1 Norman 5-27 15c Ltd.__ Vanadium-Alloys Van 5-20 8-1 * 40c 7 1 4'A% Zenith 40c 6-15 8- Coal 6-10 3% 7'Ac (monthly) Sheet & Tube Zellers, Ltd., 75c ____ (quar.)—.: & Light Co. 6- 25c Co., Traders ,$3.70 6-14 31V4C Roofing. Co. 60c 1 25c common (stock Todd Shipyards 20th 7- 6-15 1 t25c Power Zeigler 5-31 7- 62'Ac ; 5-31 * 6-15 5 25c Inc., preferred preferred 7% 6- | 5-23 6-14 10c -Quarterly'—— - 7-15 1 25C ._ (quar.) 5%; preferred (quar.). Title Insurance & Trust !• 1 6-15 7- 36c (quar.)____ Paper ^'•CoVfim on 1 8- $1.19 Timken Roller Bearing Co.— Tishman Realty &, Construction-*— ; Utah $1.21 — (quar.. Tidewater . 7-15 $1.14 convertible 'i5%-.convertible Troy Upson Co. 1 $1 iv4% preferred (quar. )_o__— Thomson Ehctric Welder (quar.) : Thorofare Markets, common (quar.)__ •f5% initial preferred (quar.) • 7-15 8- 6-20 , Bros., Youngstown 5 6-27 62'Ac (quar.) (quar.) (San preferred 5% 6-7 6- $1.25 Mfg. Co. 5% 6-14 $1 Co. Extra 5-17 15c (quar.) 25c (quar.) ThermoicI • 8-1 1 7 7-1 30c , Corp. Quarterly Quarterly 7- oi Rec. 6-27 25c Jr. Inc. Cab Younker 6-7 6- Holden 50c (quar.) (quar.) preferred (quar.) Young (L. A.) Spring & Wire 6-7 7-1 When Payable (quar.) common 6% 5-20 22'Ac —___ Ltd 30c — Class 5-10 Corp., Utilities (quar.) Universal Marion 15c • preferred (quar.) 4% preferred A (quar.)_. 4% preferred B (quar.)__ Thatcher Glass Mfg. Co., common (quar.)_ '• 6-10 Steel 6-20 50c 1 common United 9-13 (quar.) Textron, Inc., (quar.) (s-a) Co. Yellow 6-11 $1.75 common 50c —___™ le_tiies, riiw., cOiamon____ 4% preferred /ouar. 1 United 6-14 4c Co. Utilities Time. ,6- 7 1 25c (quar.) Tilo 1 1 $1.24 :•—___— preierred j (quar.) Tobacco, common (quar.) 7% non-cum. preferred (quar.) U. S. Truck Lines (Del.) (quar.)_; 7- Pipe Line— preierred Thompson Thompson 6-7 $1.35 $4.84 The Fair 1 (quar.) Yard-Man, ____ 7-1 20c Steel Corp., 7- $1 —, $4.76 $1.25 6-7 S. $1.16 common (quar.)■____ (quar.)________ Texas 1 8% 5 1 40c (quar.) U. S. $1.14 (quar.) To-.' U. 6-7 7- 50c Texas Pacific Coal & Oil (quar.)_______ Texas; Power & Light Co.— '$4 preferred (quar.) Texas 6-7 10- , (quar.)_ .Texas-Illinois Natural $4.56 V 6- 7 1 7- 7- common preferred Yale & Towne 6-11 37'Ac common series A (quar.)__ Rubber Co., common (quar.) 1st preferred (quar.) S. 5 10c pref. 15c — .__ (quar.)____ Producing (quar.) Sulphur (quar.) Gulf Texas U. 1 Co.— Transmission, Texas 7 7- $1.28 (quar.)__ preferred preferred 5.40% 6- 6-24 7- $1.75 Pipe & Foundry (quar.) Playing Card Printing & Lithograph Co., 5% 7-1 $1.31 % Inc. $4 preferred (quar.) $4.56 preferred (quar.) I 7 7-15 Corp., prior Wrigley (Wm.) Monthly 6-13 10c 4'A% 6-14 6-20 Worthington 5-31 50c (quar.) preferred Lumber 15c (quar.) Electric Service ■.Texas 6- 7-1 — Co. $4.64 Lines, S. 6-28 Lothrop, preferred (quar.) Woolworth (F. W.) & Co., Ltd.— 6% preference (s-a) Wooster Rubber Co. (quar.) 9-20 6-15 Per share Company & 5% 6-20 15c ; Woodward 12-20 15c (quar.) Co., preferred 4'A ^ U. 7-20 25c _, S. 7-1 Quarterly \ U. 6-6 5-17 $1.02¥2 5.25% -Texas 6-1 $2.50 preferred 7% 6-25 — Texas 1 $1.06'/* $1.12Vi — (quar.) 10-10 $2.50 1-10-58 Extra 6-14 — preferred (quar.)_; Tennessee Natural Gas Lines, 4 6- 6-13 (quar.) U. 6- (quar.) $1.15 (quar.)__ $1.16 4.65% (quar.)_,— $1.16Mi 4.90% (quar.) $1.22 Va* 5% preferred (quar.)__ $1.25 5.10%_ preferred (quar.)—$1.27'A 5.12%' preferred (quar.)_. r B U. 6-14 6-18 7% 35c (quar.) (quar.)______— preferred preferred preferred preferred class A 6-1 55c (quar.) __ Foil, y6-14 3c com. S. 6-15 6-28 1 .__ 7-2 6-15 7- Ceramic Tile Co. Class 4c 5-31 Corp.— 27c $2 Canal 1 Fidelity & Guaranty Co. (Baltimore)— Quarterly __^— U. ' 7'AC & 7- $2.50 Pacific 125c _______ Transmission, 4.10% 1 ' $1.06'A Name of 6-10 5-31 32'Ac Jersey RR. 1 50c (quar.) S. 6-14 71%c S. 7- 6-28 (quar.)_ Non-cum. partic. pref. (quar.) S. Borax & Cnemical U. 6-14 (s-a)_ preferred (s-a) Tennessee Corp. (quar.) 7- 62Viae —__ __ (Canada) 6% U. Holder1 Payable oi Reo. 37'/2c com. Quarterly Quarterly United 6-14 15c ———._— New When Share Co., Illuminating Co United 6-10 7- preferred United 6-10 7- _ 4.64% 11-29 y Corp. (quar.) Improvement Gas 4>A% U. common Carson 3 14c Taylor & Fehn Co., 4.32*4 preferred tquar.) Taylor Fibre Co., 4% cony, pfd, (s-a) .Telechrome Mfg.___ Telluride Power Co., common 4,60% 9- —$1 Semi-annually Gas 1 3 -TS:. '7;:V- •: (quar.) (James), Inc., Tennessee 10- Products, Inc.— 5% preferred (quar.) 5%'% preferred (quar.)_ - 6-15 1 Per Name of Company 7- .____ (quar.) Fearson j 50c : $4 preferred Taylor, oi Rec. 50c Sy.lvanite Gold Mines, Ltd. (s-a) Symington-Gould Corp. (s-a)_ Syracuse Supply iquar.) * Holder* ______ Common Talcott When Payable . (quar.) Quarterly Quarterly Per Share o/t' Name of Company equal 4,295,215 shares comparable period to a recent preferred change dividends outstanding. fiscal year, the three equal after preferred divi¬ with $1,708,636, as restated. Commercial and Financial Chronicle... Monday, June 3, 1957 The (2604) 52 & Volum<f Spokane International RR.—Earnings— Siegler Corp., Mr. Brooks executive committee of the of the Chairman share for the like period preferred dividends to 34 cents a equal after announced. Guided Missiles— New Device Recovers Test personal loan division rose to $114,043,538 for the iialf year cilded March 31, flrorn the $112,312,717 ^of the like period last year. The sales contract division wrote $56,631,252 in new busi¬ ness down from $64,850,796 Total volume for the period was $1 70,<574,790 compared with $177,163,513 for the first six months of the preceding year. Of these totals, sales contracts declined from missiles 10 missile. the of 37 volume in this division." Receivables outstanding at at The of an inteerval, time certain a —V. recovered Railway Net into a section the missile and is connected to the unreleased parachute. Currently pilot production, the control device has application to other types of Resembling of in $144,205 70,622 * t, 234,171 V • Ry.—Earnings— 1957—Month—1956 1957—4 Mos.—1956 $2,797,646 $2,848,819 $10,323,595 $10,452,222 2,067,293 1,859,291 7,703,673 t, 7,472,542 revenue— expenses oper. $730,353 from ry. oper. rev. $476,080 • 214,646 '.6.: y'.';• $532,380 > 64,963 ..., End. April 30— Period Railway oper. by the Glenn L. Martin Co. at Baltimore, Md. a small black box, the recovery unit fits tured $157,272 income 185, p. 2220. Spokane, Portland & Seattle by recov¬ ering test missiles that ordinarily would be destroyed or badly damaged on impact with the ground. > Currently, the unit is being used on the Matador missile, manufac¬ total Sept. _ ry. oper. Net railway oper. ;t oper, parachute contained in the a then floats to the ground and can be testing, thus .saving substantial sums of money weapon for additional lip March 31 were $243, <62,076. This compares with $214,818,457 at March 31, 1956, $236,791,420 at 30, 1956 and $251,005,991 at Dec. 31, 1956.—-V. 185, p. 1049. consists release, to the period under review, management was engaged In working out arrangements for additional financing," Mr. Appleby *aid "While doing so, we restricted volume in sales contracts. Now that these matters have been favorably resolved, we again are building It expenses oper. Net rev. from 28 by Mr. be pre-set it was announced on May altimeter recovery unit which can Division of The Siegler Corp., Brooks. of part 'Tor Railway Development of a control device that enables the recovery of guided used in tests has been completed by the Hallamore Electronics Co. 1957—Month—1956 1957—4 Mos.—1956 $368,361 $349,30.1* $1,280,589 $1,217,013 211,089 205,098^ 748,209 " 740,933 Period End. April 30— Railway oper. rev?nue__ Net railway oper. income —V. 185, p. 2220. $989,528 356,288 658,455 ~ $2,979,680 1,608,480 $2,619,922 1,125,890 • . missiles, Mr. Brooks declared.—V. 185, p. 2036. $1.25 at Treasurer, The V. stock under Delaware law, Supiadur Manufacturing Corp., Wind Gap, Pa., maker of asbestoscement siding and roofing shingles through an exchange of stock. The stockholders also approved a proposal providing for a new issue 10,000 to trading shares 100 old year Fulton, Y., N. closures. of the Sealriglit-Oswego Sales to an of 1957. Falls Corp. have advanced steadily quarterly high of $11,406,674 in the first three months for the corresponding period in 1956 were $10,789,280. for the year 1956 were $45,393,613 compared, with $42,- Period Ended Apr. Gross Sales sales earlier. Falls, year a 1957—Month—1956 $826,712 579.604 498,845 30— $904,040 earnings "Expenses 1957—7 Mos.—1956 $6,424,565 $5,772,335 4,127,179 3,606,633 1,148,148 1,076,535 (W. A.) The pany's stock common class of B Both will stock common classes and the except the Board stock new that the class A stock Chairman. split, each stock of shares number equally share and cj^ss stock B was he as as holds, $274,699 Co.—Secondary 12 Months Ended Gross revenue Gross Electric Co.—Earnings Up— Gas & 1957 1956 $17,441,692 $16,182,443 3,307,092 3,117,257 April 30— income Net out, company income — Corp.—Gross Sales of the on May nine third 1956 For ended March quarter sales of Off— —V. record high 1957, 31, of it announced $11,719,582 the for to $1 period. share on the 746,200 shares outstanding at the This represented a decrease from net income months the of the ended nine per March 31, 1956, of $896,276, "share on the 697,696 shares outstanding at that time. quarter net earnings amounted to $207,474, or 27 cents pared with Murch 31, $282,421 share per for also nine third Current stated sales months that Siegler's approximately those as for Hallamore four the period like in large as Co. in the 1956.- • for be and the Hufford exchange shares of for Unitronics, all the oi share one and oi Siegler issuance the outstanding shares of of will be subject to approval by the shareholders corporations and necessary legal requirements. dec'arec« that work. of the of The three The new corporation will have manufacturing'facili¬ in Unltromcs, of Long Island City, N. Y., is the parent corporation for Olympic Radio & Television Co., a division manufacturing radio, tele¬ vision and hi-fi sets and which also holds military electronic equipment contracts, and for two subsidiaries, the David Bogen Co. Inc. and RecordlnS iCo.rP- , E°gen is the largest manufacturer of high- components in the country and Presto is a major producer of recording equipment for professional and semi-professional use. The £n !?as ,a kl'e* Plant 111 LonK Island City while both iwTr? ParaniusN J° kave substantial manufacturing facilities in Headquartered in El Segundo, Calif., the Hufford Corp. is the world's man"fa?tarer stretch forming equipment for the aircraft and c?fi e industries asthe well Subsidiaries include £ Calif., which aircraft is the and produces guided nation's equipment Merrill used L. taxes— 432,185 427,266 1,277,956 1,254,400 income $1,230,999 946,293 $1,162,512 972,152 $3,695,980 2,871,406 $3,516,119 2,933,620 chargcs_l____ r.fter 185, p. 1892. missiles, and Vac-U-Liit manufacturer extensively in Bengtson, as a major builder of special machin- Smith-Nelscn Co. of Santa Barbara, hydraulic and ground handling equipment for largest both President - - the of This to 11 of Co. of vacuum Salem, material 111., which handling military and commercial fields. the Hufford Corp., will an undertaken the 185, p. 2036. addition an estimated $9,000,000 growth and by SPS this year. The program a new plant at Santa Ana, plant of a wholly-owned subsidiary at of part facilities at Jenkintown, to England.—V. corporation, 185, Street, Broad 15 at stock common Stock— Y., will up from it oi of Duquesne Light Co.—« New York 5, N, receive bids for the purchase June 26 on shares of p. 2495. 265,000 V. (EDTi a.m. $10) (par • Plant— Stanley Works, New Britain, Conn.—New The Britain, its dedicated 29 May on company New plant steel strapping new Conn. consists of some 100,000 square feet of manufac¬ turing space and 37,500 square feet oi oiiice space. Of this latter, 15,000 square feet will be used to house the sales, management,' engineering and clerical personnel of the company's Steel Strapping Division. The other 22,500 square feet will be used by IBM equipment. The new plant, which has been built by the Turner Construction Co., will be occupied immediately by the office staff and it is ex¬ pected that the plant will be in full scale production by Sept. 1. The expansion of the company's facilities including plant and equipment of over $2,000,000. will permit a considerable increase in productive capacity, the company announced.—V. 185, p. 2262. plant new A Corp.—Secondary Offering— Street Investment of common stock secondary offering of 2,500 shares (par $18) was made on May 21 by Blyth & Co., Inc., at share, with a dealer's concession of 45 cents It was completed.—V. 181, p. 2805. $39.50 per share. per Period End. Railway expenses from rev. Deficit.—V. 1957—4 Mos.—1956 $1,079,539 $1,043,403 1,135,424 1,035,791 ops. *$1,765 $7,427 *73,840 *58,890 $7,618 *264,942 *$55,885 inc.__ *347,929 ry. railway oper. Net * revenue.— oper. 1'ransit Ry.—Earnings— 1957—Month—1956 $294,886 $256,611 296,651 249,184 April 30— oper. Railway 185, 2262. p. Stix, Baer & Fuller—Sales and Profits Highersales Net first the for quarter amounted 1957 of to $13,288,528; represents an approximate increase of 3\'c over the when sales were $12,924,314. The profit for..the quarter siderably improved. The profit before taxes being $618,643 With $334,629 in 1956. Net profit after taxes was $290,743 preceding which was con¬ compared compared with $157,229. i'■■■ After taking into consideration preferred &yidend requirements, the net earnings for the quarter are equivalent' to 39c per share of com¬ mon stock compared with 19c per share last, year.—V. 185, p. 2036., .. . J Strong, Cobb & Co., Inc. (& Subs.)—Earnings Higher Ry.—Earnings— sales before'taxes—— Net 1957—Month—1956 Period End. April 30— 1957—4 Mos.—195C Net from rev. ops. $7,208,216 $27,797,192 $30,666,134 3,941,963 13,753,291 15,449,555 $6,304,257 inc.— 3,350,122 ry. railway oper. Per —V. 185, p. 2377. ■ Southwestern approval, become May to recommend to stockholders the Subject to the necessary regulatory 24 would securities these be pat up for competitive bidding 375,000 pro¬ - Amarillo, Co., Investment Southwestern Tex. — To offices within the next three months were announced at the regular quarterly meeting of the board of directors May 14. The company now operates 33 branch offices in Texas, New Mexico, Arizona, Plans were opening of three new branch and California. to increase considered, working capital of the the and officers of the the company by $2,000,000 were authorized to company negotiate and make proposals at the August directors' meeting. President R. Earle O'Keefe made a brief report on company operations during the past quarter and discussed progress anticipated for the remainder of the current fiscal year. At an earlier meeting, the stockholders voted to increase the author¬ During the meeting, ized number additional of S.I.C. of shares stock will be common available stock from 800.000 to 900,000. The for any corporate purpose at the discretion of tlis directors. At nor present any should year, in there other the Sun directors as was are concrete plans for plans. The 110 declare a public distribution of -"ill * the stock, stock dividend at the close of the fiscal done in 1956.—V. 184, p.- 2122. the , *$256,335 Nil , ; ; v - contract (Col.) exploration con¬ * ' ,V subsidiary of Sun Oil Co., Philadel¬ Oil Co. with Mobil Ltd., original qe applicants Colombia and for the con¬ drill two exploratory wells to a depth of for its one-half Interest. of Colombia and United Carbon Co. will join with Co. to involved are to in agreed obligations fulfilling Concessions In Sinu the the contract. of Colombia. There Area are them, located in Loma Verde, La Ceiba, Santa Lucia, Arboletes, Nicocli, Martinica, Rio Mangle, and Caiir.ar. Ted C. Stauffer of Philadelphia, President of Colombian Sun and of - director Foreign of work Operations will be stated that additional geological parties to be sent for Sun Oil Co., conducted by finalized. Dec. 31, 1956, Colombian Sun (Col.) Ltd., to drill one 9,500 foot exploratory well near Cartagena in return for half-interest in a 194,522-hectare tract (450,000 acres).—V. 185, p. 2495. into the Mr. areas before Stauffer contracted pointed out with International Sun Ray Drug The drilling at directors a plans that can be on Petroleum Co.—Board Approves Merger— special meeting backed a continuance of merger between this company and United Cigar-Whelan Store.1 Corp., but Harry S. Sylk, President of Sun Ray, said that the board ir effect had approved the proposed merger. He added that directornegotiations voted to details. give the go-ahead to company attorneys to • * , Under ' Cr425,000 23 signed an agreement for halfColombia covering 302,330 hectares wholly-owned agreed each Oil in a Petroleum Sun feet in This is its second contract involving in less then six months. >• Sun, made Pa., 9,000 , May on Colombia International cessions. Co. concessions acres>. Colombian phia, OH Sun oil in exploratory the for Plans Nil $0.11 • $C.55 share Colombian eight Expand— *$171,877 ► interest 185, ;• 2494. *Crl53,500 $93 103 / • /- •-7 : ?;• ^ Sun Oil Co.—Colombian Unit Expands— • Pure at 40,000 $370,224 __i. common /* I would help finance the company's expansion $1,125,000,000 over the next five years.—V. proceeds budgeted ' fax profit (750,000 i.Y''. Co.—Plans Financing— 1. gram, p. 011 $100,000,000 of debentures. of Oct. voted directors The sale Bell Telephone 1956 ' ' " 1955 v ' •' <1954 ' »'I '1953 $7,411,224 $6,59M49".,$G,789,289 $8,921,844 745,224 133,103', *325,377 > *681,335 ' " Year End. Dee. 31— Net Profit ;<■ • Railway oper. revenue.- $22,106,964 $23,087,395 $90,990,919 $93,646,888 Railway oper. exps.__i_ 15,802,707 15,879,179 63,193,727 62,980,754 The the California, Illinois, New York and New Jersey and will be head¬ quartered at Siegler's executive offices in Anaheim, Calif. xidelity and Income stock shares merged companies will do in excess of 875,000,000 in annual sales volume, of which more than $50,000,000 will we in electronics production, divided equally between military and commercial 2,946,201 operating Net —V. 2,834,464 957,030 924,258 operating Other company, common 108,800 the Hufford Corp. merger ties • expenses income taxes__ Corp. transaction,the which Siegler will become the surviving in based on two ciegler stock Calif, is program cessions on May 27 announced the formation of through the merger into this corporation of company Will - Net 1957—3 Mos.—1956 $7,907,107 $25,665,078 $23,367.583 5,360.299 17,856,678 15,650,863 $8,681,901 6,094.459 revenues Operating Net "^0r^1«™'«?rook's' Pres)dent, $75,000,000 Umtronics Corp. modernization ended quarter Electronics times Telephone Co.—Earnings— 1957—Month—1956 Period End. Mar. 31— Operating share, com¬ per the per Proposed Merger Announced— u 1049, p. Southern showed current cents 996,363 $1.90 $2.09 :— — Southern New England 1956. Brooks Mr. -division 40 or $1.28 or addition includes additional $1,891,457 period of Federal " r generally for the company's industrial and aircraft demand new year earnings amounted to $747,- net 135, 412,296 of $22,688,892 was " $4,701,115. the current nine month period, equal enu for period month new a end Earnings per share period in 1956, Mr. Brooks revealed. For the most recent quarperiod, which ended March 31, sales were $9,101,042, compared with 427. Higher—Net corporation achieved 20 by John G. Brooks, President. approximately doubles gross revenues This like •terly this outstanding $2,303,753 __— Balance Shares .for stock 412,296 996,363 - ___ preferred on $2,498,525 $2,086,229 Dividends 2220. Siegler The Net exchange, p. increased Staten Island Rapid Present stockholders' voice in the management of the will not be affected in any way by the reclassification and he explained. The company will apply only to the Midwest Stock Exchange, on Which its common stock has been listed since November 1956, for listing of the class A and B stocks, Mr. Sheaffer disclosed.—V. 185, pointed $276,441 Southern Indiana Sheaffer Mr. $48,792 re¬ products. State will have full voting explained by Craig R. now 814,463 $38,526 $1,089,162 Offering—A secondary of¬ fering of 15,000 shares of common stock (par $5) was made on May 20 by Blyth & Co., Inc., at $24.62'2 per share (plus commission), with a dealer's concession of 40 cents per share. It was completed.—V. 185, p. 1793. Sjheaffer stockholder will have the same stock 872,797 Southern dividends and the present in limitations yyill' not, it voting of will privileges rights, same the After share of one of the stock Sheaffer, an 116,352 profit will permit facilities to increase output of recently in¬ precision fasteners, he noted, and it will also permit SPS to enlarge its research and development laboratories. Mr. Hallowell stated that this expansion was necessary because of "Including interest and depreciation.—V. 185, p. 2144, of the com¬ exchange of each share of the present class A non-voting stock and one shave voting stock. have common rights for and $1,149,238 124,685 Net approved a reclassification May 23 on 162,723 $165,144 Dividends in Sheaffer Pen Co.—Reclassification Approved stockholders 161,225 $163,211 Taxes Fulton, N. Y., Kansas City, Kans., Los Angeles, Calif., and Peterborough, Ont., has 650,319 shares of $5 par value common stock outstanding. There are at present more than 3,000 stockholders.—V. 185, p. 2220. with plants Sealright-Oswego new troduced The Co., Ltd.—Earnings Off— Surplus 005,688 The H. Thomas Hallowell, Jr., President. additional, to be completed in late 1958, 27 by Standard Shares, Inc.—Sale of Duquesne a Canada Power will construct a new 55,000 square-foot addition to its Pa., at a cost of $750,000, it was announced company May arrangement of production company Southern all-time Total The 011 at and caps 185, p. 2220. main plant at Jenkintown, SEC— on May 28 filed a registration statement with the SEC proposed issue of $35,000,000 of first mortgage bonds, series C, due 1983, to be offered for public sale at competitive bidding. The net proceeds will be used to the extent required, to repay in full the company's slicrt-term indebtedness owing to its parent, Pacific Lighting Corp. The balance will be used to finance in part the costs incurred or to be incurred in connection with the company's 1957 con¬ struction and expansion program.—V. 185, p. 2377. which in March title, produces a company, California Gas Co.—Registers With Southern added the Sealright brand name to its corporate wide variety of paper containers lor consumer and industrial use, particularly in the food and dairy industries. It is also the world's largest manufacturer of milk bottle The Company covering covering packaging. paper and offered for The admitted was Stock Exchange. The first sale of Henry C. Estabrook, President of the 71company which has specialized in sanitary New made to was 21 May on York the on corporation this of stock common Wage Incr.— and company Coventry, Board— Sealright-Oswego Falls Corp.—On Big The —V. porate purposes, including property additions and improvements. It is expected that the use of the proceeds for these purposes will provide for the company's needs until September, 1957.;—V. 185, p. 2220. shares o'p cumulative convertible preferred stock (par $100» to be used in connection with the Supraclur acquisition.—V. 177, p. 2400. of stock. The company reportedly has additional shares at present.—V. 185, the on May 28 filed a registration statement with the $70,000,000 of 29-year debentures, due June 1, 1986, to public sale at competitive bidding. The company intends to use a portion ol the net proceeds of this financing to repay outstanding advances from its parent, American Telephone & Telegraph Co., for construction and other purposes, which are expected to approximate $36,000,000 at the time the proceeds are received. The remainder of the proceeds will be used for general cor¬ of approved acquisition by this company May 9 on to of Co. of Indiana—Offers 6% certain operating subsidiaries today announced they had offered a 6e/e> wage increase to certain bargaining agents of union-represented personnel. The companies' previous offer was 5%. This Telephone & Telegraph Co.—Registers Exchange Commission— Securities This Approved— Seagrave Corp.—Acquisition Co.—Stock Increased— 185, p. 2377. working capital.—V. Standard Oil par common any Bell Southern SEC No Standard Pressed Steel Co.—To Expand Plant— With be The stockholders 1961. 16 voted to increase the authorized capital $40,858,270 by authorizing 1;000.000 addi¬ May on of $4.50 issue to 99,980 shares per equipment and $36,358,270 shares plans 011 May 16 filed a letter of notification with the SEC of common stock (par 25 cents) to be issued share through exercise of warrants on or before June 30. underwriting is involved. The proceeds are to be used fox* company $2 1390. p. with an aluminum base.—V. 182, manufacture its products to at 2674. p. from tional no The covering up South Carolina Electric & Gas 513. p. 184, The stockholders gaged in the manufacture and erection enamel products used in the building and enable it issue group of banks, would be used to a share. per 1955 in to applied to the Federal Power Commission for to $4,000,000 of unsecured promissory notes to to mature no later than Dec. 31, 1958. The funds finance the company's construction program.— has company authority and Securities With Issue Notes— Sierra Pacific Power Co.—To Seaporcel is primarily en¬ of architectural porcelain construction fields. Ol the net proceeds of this financing, approximately $84,000 will Ik used for new equipment and the balance will be added to working capital. The company desires to be able to expand its products to include porcelain enameling on aluminum to meet certain demands not satisfied by its present products; and the new equipment will Organized Co., Dayton, Ohio—Files Exchange Commission— Standard Electrical Products Seaporcel Metals, Inc., Long Island City, N. Y.—Reg¬ With Securities and Exchange Commission— This corporation filed a registration statement with the SEC on May 24, 1957, covering 340,000 shares of its 10 cents par common stock. The company proposes to offer 300,000 shares for public sale at $2 per share. The underwriter, Charies Plohn & Co., has agreed to purchase 200,000 shares for redistribution; and it also has agreed to use its best eft oris to sell the remaining 100,000 shares. The underwriting commission is 30 cents per share. The underwriter has purchased for investment 26,000 common shares from M. Jesse Salton, President, and Benjamin B. Luring, Executive Vice-President and isters shares of However. the Whelan Mr. Sylk said determined. The exchange work, out complet merger, it is expected that approximately would be exchanged for one share of Sun proposed the exact . ratio is understood to twe Ray rate has not yet beei -'1 hinge on the book value 0 exchange Volume 185 ' Number 5643 't~, The Commercial and Financial Chronicle . (2605) the two companies' respective stocks at , the date.the merger is summated. ;■ -■ At. Dec. • United 31, standing and Sun Ray following -payment ilividena:—V. will have 183,. 1.892,908 about teQay^,(June^3) oi shares common 475.000 Stone ■ No. by this of luxtrol 31-F-25, line The a. A. American stock is President, set be ior the a oi clared, were stockholders details for a be fail of to the meeting called transaction stock authorize the for the the to provided on by / the the transaction, proceeds of Mr. loan a by subsidiary of Superior reported, mated i' Tool under its existing net worth on April was $2,027,650, $200,000/; See , while its net •" . income : : also Thompson-Starrett' Co., The., 1957, ' for The - SEC company covering stock to stock used to 10,727 offered be will May on. be 17 filed shares at until expand inventory share), Dec. and of Read T, working Tne Gas The bonds to July 1, 1962. ranging from 100 to fund will for not After such 105',4 ',r the date for the 12-month except the bonds 12-month period the for will be period ending June Shearson, Shuman, Hornblower • The W. redemption price is 106. at 1977. 30, 30, The it general funds that the cost of Federal Power Commission the of At company. completing facilities would amount to April 1, tion of pipe a line gas of and Texas for Louisiana, Arkansas, Kentucky where the of Buffalo The other in area a 1957 to by into portions line extends EARNINGS—For to the New across the incoind of gross Rhode to Jersey, a point 12 months ended amounted with to •First , mortgage suable in total GIVING pipe series— series ;-/3c/o due the oi New gas acquire the of Feb. 28, 1957, total operating EFFECT TO and line T. income $^07,635,000 Outstanding bonds—is- • >".■/- -*/•*>'/>-•'? This SEC $24,366,000 pany The holders 1970__^_t.____«____ 40,000,000 30,800,000 on 35,000,000 27.770.000 45.000,000 36,860,000 The 25,000,000 23,409,000 of __ 1974 1975 1974— series —_ due. 1976 due 18,000,000 125,000.000 Debentures'—37# 50,000,000 1976 c 49,000,000 50,000,000 _ 1977_x^ due ?® 50,000,000 - 50,0(10,000 I960, 4!*?® 1974, 4?® due 1975, ft 4*i?® .fShort-term notes— due 1977 60,000,000 (par outstanding in rates range Second in 20,000,000 18,947,000 4.10?* stock to* 5.25?®___ i par series $100) 974,000 shs. ; 1, ______ in one fs to the be outstanding at prime commercial fund of cost a investing in approximately $19,000,000', the securities of 200 000 shs. 30,000.000 shs. 14,6o9.681 shs. exceed rate one for •-yd; • * time. The unsecured interest loans at rate the $60,000,- com¬ 185. GIVING EFFECT TO PRESENT FINANCING Outstanding $1,500,000 —_ $148,000 444,000 340,000 note due in quarterly in- • !—___________ - fatal a heart attack at his shares filed of 22,750 ' $1 par stock. common of basis by which $1 share. per T. J, Campbell Investment operation. an live months $64,185 fund. A1 The additional ' L. - of cost plant construction $1,760,000 of the proceeds is are are C. V. based was Tishman The the on book value the of stock common of estimated Mulkey, President and Board Chairman, of Houston; and Walter Fcltz, of Fort recommend the at a authorized announced company that if the Norman Tishman, President, said: stockholders special stock common to increase is meeting in shares. 3,000,000 approved, the Presently, there are direc¬ 923,813 "In view of the present earnings of the company and its reasonably assured prospects for the balance of its fiscai year which ends Sept. 30, the board intends, if stockholders approve the increase In authorized common stock, to consider in tho fall the declaration of additional dividends He added that Tishman the on stock." common anticipates its highest earnings in the 1957 fiscal year, exceeding last year's total of $3,614,000, or $3.96 per share. For the first six months of the year, earnings totaled $1,588,000, or $1.72 stock • of / directors declared on the June 10. p. in ! - the regular quarterly dividend of 17',^ stock, payable June 25 to holders of November, 1956, the company declared a 5'fa In on dividend 185, also share per record —V. share. per The cents at used will doubling of common addition the to regular cash dividend of 17 Yu cent3. 1793. Topp Industries, Inc.—Debentures Sold—The $2,750,000 6% convertible subordinated debentures, due 1977, which Co, offered were and May 23 by Dempsey-Tegeler & and accrued interest, were For details, see V. 185, p. 2495. associates of time of bor¬ caption "proceeds." The company has a Property Acquisition Credit Agreement expiring June 16, I960, which provides fo"r short-term bank loans up to $20,001,000 for use in connection with expansion of production operations, at an interest rate of over the prime com¬ mercial rate for unsecured loans at the time of the borrowing. Prior to the sale of the securities now offered, the company may make addi¬ tional loans under these agreements. Instruments, Inc.—Flies "seisMAC" make more effective the intensive search for quickly sold. on at 100% Trans World Airlines, to Paris— petroleum in oil- corporation on May 28 filed a registration statement with the covering 3,337,036 shares of its $5 par common stock. The com¬ tion additional share division. The consignment, which included "seisMAC" and other geophysical equipment manufactured by the TI Industrial Instrumentation division, consisted of 22 boxes with a total weight of of nearly 6,000 pounds and for use Gravimetrie This by with "seisMAC" its (seismic of four being exported The in the the "seisMAC" field field of of wholly-owned headquarters at B. H., represents a German geophysical com¬ the Societe Seismique Champs Elysees, Paris. subsidiary, 79 magnetic overseas automatic this year. the most "Seismation," which is geophysical pany exploration. computer) Mr. Olsen is the first said. important development thus far the extension of automation It to performs many of the com¬ putational tasks involved in getting seismic records in shape for inter¬ pretation.—V. 185, p. 2495. See Graham-Paige Corp. above.—V. 18-5, p. 1562. to offer this stock for subscription stock of record June for each share then held. common 17, by 1957, at holders of the rate of its one* The subscription price is to agreement between TWA and be supplied by amendment. Under an Hughes Tool Co., the holder of 2,476,142 shares TWA's of common stock, Hughes may buy all or any part of the common shares not sub¬ subscription offer; and Hughes has agreed that purchases less than all unsubscribed shares it will purchase sucn number thereof as well, with shares acquired by it on the exercise of subscription warrants, provide TWA with aggregate net proceeds of at scribed ior under the it least $34,000,000 from the shares acquired by Hughes. will TWA pay fees of 25 cents per share to members of the National Association of Securities Dealers, Inc., who obtain subscriptions from original holders of subscription warrants other than Hughes. It is expected that the warrants will expire Net proceeds from its stock sale will amounts in connection 1049G aircraft, owed Constellation parts and engines. with 25 July 8, on 1957. be used by TWA to pay or prepay the Lockheed purchase 1649A of eight aircraft, Lockheed and rclatoc 1957, approximately $38,000,000 was owed and with subsequent deliveries an additional estimated $51,000,000 will become owing, making a total of $89,000,000. Tne bal¬ spare Thermoid Co.—Holder Increases Stock Interest— proposes outstanding if It was purchased by Seismos G. M. pany, a approximately $185,000. Inc.—Registers With SEC— This SEC value :% tlio Realty & Construction Co., Inc.—Plans Split directors a tors would recommend a 2-for-l stock split. shares issued and outstanding. • the : Crystal, stock at June com¬ neces¬ be its issued for each share of common stock of Squire. The net wortll Squire Heating Supply Co. at March 31, 1956 amounted to $142,558. excess ol book value of net assets acquired irom Squire over tho par value of Tiffin stock amounted to $133,387. For further details, see V. 185, p. 2263. of paid. to of were at operation"; $78,181 Is needed for "starting up maintenance and repair; and $755,634 for '.v / ■ 26,121 shs. shares 3,121 of for . 102,450i 31,500 shs. exchanged company The In<J., Co., commission a the companies using the financial statements of The Tiffin Art Metal Dec. 31, 1955 and Squire Heating Supply Co. at March 31, 1956. book value per share at the respective dates was $44.92 for Tiffin, and $533.92 for Squire. Thus 11.7 shares of common stock of Tiffin per share. original stock¬ offering is to be made The $1) (par 1956 two Co. the with The 23, The the home registration statement a its stock Oct. hungry Europe, a "seisMAC," the "electronic brainwith a degree in geophysics," has been flown to Paris, it was announced on May 25 by R. W. Olson, Vice-President of the corporation's Industrial Instrumenta¬ thereunder rowing. At May 27, 1957, there were $45,000,000 of notes outstanding thereunder. In this connection, reference is made to the information under the ; ■ mortgage note due in quarterly instalments exchange companies organized in 1949 by eight Houston and invested $150,000 of their owm funds to May 28 Smith, Ark. or any ./ and $50.28 cash, for 267 shares of common stock of Squire Heating Co. (being all the outstanding stock of Squire Heating) a corporation whose main office was located in Columbus, Ohio. Tho was who value par promoters To 400,000 shs. more series may be issued under the mortgage securing the bonds subject to the restrictions contained therein. As long as any bonds of the presently authorized series remain outstanding, the total principal amount of bonds which may be issued and outstanding at any one time under such mortgage is $750,000,000'. tThe company has a Revolving Credit Agreement expiring Dec. 31, 1959, which provides for short-term bank loans not to 000 "100-octane-plus" Flying; new to the motoring public at thousands of Flying throughout the eastern seaboard. ; gasoline is produced in Tidewater's new, ultra-modern Dela¬ Supply every the Texas 1966/ (par bonds had plant, machines, furnaces, and miscellaneous equipment- next The 1,000,000 shs. series, convertible into com¬ stock through Mar. i, 1966__ 5'.® series/ convertible into common stock through Sept. •Additional for to "lor mon tCommon stock May 28 introduced its on is¬ _ 4.50?® , capacity Gasoline V2r/® On Management Co, Of $11,000,600 represents unrealized capital over suffered on efforts for Houston; 1,200,000 shs. on. today." gasoline-making —, underwriter has stock reserve $100i; issued and series*, dividend site Stations new Common to offer 2,700,000 shares for public sale at $2 shares are under option to the the operation"; + nine from preferred suable at best a sary 128,546,000 Extra Unsecured 5% stalments Glass $1,962,000; 145,000,000 of and entire sinking fund debentures due 1964 4%'/® sinking fund debentures due 1969 5:V-i'.o sinking fund debentures due 1972 reached by. this Fund at the end of the Fund attained $30,715,914, according remaining 300,000 of batch 50,000,000 due Revolving credit agreement Property acquisition credit agreement Preferred stock 4 of 35 cents per share is to be the option to purchase at $2 per share 50 shares 1,000 shares sold." company intends to manufacture window and heavy sheet crystal glass. Its plant is to be located in Bryan, Brazos County, Texas. It Is proposed to expend $2,000,000 for the erection and installation 16,500.000 tomorrow refinery's Authorized The 118,250.000 of cars the Sinking fund debentures .. stocks then comprising the Fund. Since then lias increased to more than 13.000 and to the $30,000,000 plus figure.—V, 185, p. 1793. Stevenson Houston, series initial proposes 27,057,000 37,450.000 1971x_. the-future'* City, Del. to CAPITALIZATION 590,000 was of which mutual a corporation 40,000,000 3T»C# Co president of Texas Fund holdings, assets covering 3,000,000 1967-; due .1971^-,. of eight-square-mUe . The 1960—_—50,000.000 5series due ft Manufacturing Corp., Houston, Texas— Registers With Securities and Exchange Commission— due 4-Ti'® Witter 590,000 stockholders Texas FINANCING due due Dean 75.000 340,000 Co A — refinery at Delaware an Art Metal Co.—Debentures Sold—The $340,003 5%% sinking fund debentures due May 1, 1972, re¬ cently offered through The Ohio Company, Columbus, Ohio, have all been sold to Ohio investors. tion subsidiary, Texas Gas Exploration Corp., President of Western Kentucky Gas Co., and President of its wholly-owned L-P gas sub¬ sidiary, Kengas, Inc.—V. 185, p. 1200; series due 3series 75,000 "oil 23 on of Texas Gas Transmission Corp.—Stevenson Dies— W. series 3"W series due 3*\'.o series due Lerchen ft Co. Co. Inc.' ft ft located Tiffin 75,000 340,000 1956. PRESENT Authorized .<• operating gross of revenues 1966___..__:v:._i.-___ $35,000,000 ■"x3\vro. series due Watling, May on 190,000 Walker ft Co Wertheim is Refinery Dedicated— controlled 2495. p. Owensboro, Ky., on May 22, 1957. He was President of this corpora¬ tion, Chairman of the Board of Directors of its wholly-owned .1 series series H. Weeden Anderson, on have grown 3',# .3*8'® 190.000 Common, Dann Co.— ft G. to Superior figured in tin* had refinery. /v.;./.,-//./:. ■'■•-.I; :i,V.;V Flying A Super Extra, an entirely new gasolihe, to be sold at petitive prices/replaces Tidewater's iurmer ptvjuium grade.—V. ft Noel ft Co. the that company Service The Vietor, 1,000,000 total value businessmen number assets 3;® . D. Texas Fund, metro¬ first 590,000 590.000 gasoline, for ware Ncuhaus Inc.___l___^ Co. electronically installation devoted Super 340,000 340,000 Underwood, 590,000 operating in the Southwest, Galveston storage "the the Thomas Hampshire. with Anthony Day L. Van Alstyne, 590,000 when and City York New connection $274,111,000 :. ,-v ' and $52,597,000 fbr calendar year CAPITALIZATION -. Island York 230,000 1,000,000 Co— total Texas Fund point south New & R. The produc¬ company $53,025,000, compared and of a through the company's underground Pennsylvania, of to Inc Langley ft Co appreciation begins in the Rio Grande Valley direction across Texas, Tennessee to a point in eastern across and politan area and Connecticut line near Springfield, Mass. revenues and Tucker, 190,000 590,000 ; Texas Fund, Inc.—Assets Reach New High— northeasterly Mississippi Co Air all-time high in assets $32,000,000. system divides. One line extends thence in an easterly direction and Massachusetts for the The system in Spencer Trask ft Co.— Iligginson Corp, April, is the ownership and opera¬ transmission and sale or delivery system resale. extends A Co return a that concern 5<fo BUSINESS—Company'.4 principal business of natural 190,000 75,000 Corp— secondary offering of 3,500 shares of common stock (par $5) was made on May 23 by Blyth & Co., Inc., at $35.50 per share, with a dealer's concession of 35 cents per share. It was completed. —V. 185, p. 2495. sinking authorized A Thomas Secondary Offering remainder the estimated was the to 190,000 Irving Lundborg ft Co._ PROCEEDS—Of the proceeds to be received by the company from the of these bonds, $27,000,000 will bl; applied to the payment of the outstanding short-term notes issued under its Revolving Credit Agreement the proceeds ol' which were used by the company in its expansion program, $22,000,000 will be deposited with the trustee under the company's mortgage to be drawn down against property additions as the expansion program progresses and the added 340,000 590,000 _ company's be 270,000 590.000 Lehman Brothers—.— Carl M. Loeb, Rhoades prices 1963 I Swiss ft represents producing gasoline rated at 100 octane or higher —enough each day- for 41,000,000 miles of motoring. Mr. Staples revealed that aviation fuels for America's defense .establishment are already being manufactured by the new refinery, In addition to Tidewater's Flying A automobile gasolines, heating oil J and other petroleum products. 340.000 —_— C. Lee 1,000,000 Smithers ft Co.___ American $466,650 Canadian a by this company disclosed be can 150,000 Co.__'__ Co. 150,000 Walter Stokes ft Co,____ Stroud ft Co., Inc & Illinois Co._ He 270,000 Hutton ft in facture Stern Brothers ft Co 1,000,000 Weeks Co. sinking fund prior redeemable Hutton E. ft for in , first William R. Staais ft Co. Kidder, Peabody ft Co.. Ladenburg, Thalmann ft sale will F. W. ft Agnew F. 75,000 ♦ River, 15 miles south <|)f Wilmington. Staples, President, declared that the plant represents "tha a new generation of petroleum refineries designed to manu¬ T. 270.000 590,000 ft: lia common, Delaware D. 340.000 Smith, Barney ft Co __— Thompson-Starrett 2378. p. $200,000,000 dedicated the & Co. 270,000 illayden, stone ft Co Hemphill, Noyes ft Co._ be Hamnull note its investment The- massive Shields ft Co 1,000.000 S. of Tidewater Oii Co.—New was 190,000 1.000.000 convertible of A 190,000 340,000 270,000 shares 75,000 Roberts Scott ft Stringfellow Sulzberger The 1,000,000 Poole, 190,000 Harriman Ripley ft .Co., Inc. preferred ending June Co 42.000 for June dispute.—V. 185, 590.000 150,000 ft into one after Martin Tool 190.000 Sclioellkopf, Ilutton ft Pomeroy, Inc 1,000,000 but 150.000 Co Co._—_ ft redeemable Corp.. Gregory ft Sons Hallgarten ft Co.___ Co.—Bonds Offered—A Stone & Webster Securities be /'_ ft & p.arke_, 75,000 1958, and Superior 340,000 Co.__ 340,000 1958, withdrew from Superior Tool after a dispute* L. Jacobs, who continues as• President and a director of Tool, and Dennis Boyle, who .was Secretary and a. director, resigned both posts after the dispute was settled. .7. with 340,000 Inc Schmidt, tho in The Canadian Interests 190,000 Reid ft Co., Inc. Glore, Forgan ft Co Goldman, Sachs ft Co. headed jointly by Corp., White, Weld & Co., and Halsey, Stuart & Co. Inc., on May 28 offered publicly an issue of $50,000,000 first mortgage pipe line bonds, 5V4% series due July 1, 1977, at 100% (exclusive of accrued interest from June 1, 1957). The 590,000 Co Co., Rowles, Winston ft Co._ Salomon Bros, ft Hutzler 1,000,000 ■ Southwest & Co.____ Mosle held ■ Robinson-Humphrey Co., Rot an. Securities ft Pierce L. F. Rothschild ft F'ulton underwriting. The //.;.> The Union First Boston Freeman Transmission group Dillon, Fauset, Steele ft Co Co. capital. 75.000 stock was . 150,000 _____; ft rest $466,650 that is payable to Superior Tool and con¬ 15, 1958, into 46,665 shares of Thompson-Starrett $10 par, 70-cent cumulative convertible preferred stock. * As of Dec. 31, 1956; Thompson-Starrett had 1,349,316 common shared and 113,465 preferred shares outstanding. It had 3,000,000 common shares and 300,811 preferred shares authorized. 590,000 ___ Riter ft Co. 590.000 — the are'to Inc. 15, added, vertible 230,000 Hughes Inc Reynolds 590,000 Hallowell, proceeus Inc Co., Rauscher, 1,000.000 Dominick__ ft Corp. Estabrook approxi¬ convertible without 1966. Co., Inc. Co.—_______ First with Co. 590,000 ft -E. Tennessee ft Equii able 2377. notification lr0 .cumulative <$10 per par convertible of- letter a & the a June ft Co., ______________ Itaffensperger, 590,000 75,000 Co., W. Pressprich & Co.. R. 590.000 and at Thompson-Starrett's option; one for $73,350 is due June 9, 1958, and convertible after May 15, 1958, into 48,900 shares of Thompson-Starreti common, and $550,650 of notes are due May 1, 1959. Of the notes duo May 1, 1959, there are three for a total of $84,000 convertible after- 230,000 _ unissued May 9, ___' & but Tho result will be that Superior Tool will have all its 650,003 shares outstanding, he said, and Thompson-Starrett will 17.7?® interest in the Detroit concern./ / w vv /•//.' In-connection with the acquisition, Mr. Doroshaw said, Thompson-. Starrett has issued $924,000 of 6?i> promissory notes. Of these, he said $300,000 come due next Nov. Sv but can be extended to 75,000 . Inc. 230,000. ft Pollock acquired from Superior Tool, he explained, 34,045 shares authorized treasury. 1,000,000 Prefecott, Shepard 150.000 Securities ft Co the Files With — Denton, 590.000 de¬ Doroshaw 195G & E. Inc. stock been hold ft Christensen, Inc Wm. 340,000 Dominick • below.—V. 185, p. Tab Products Co.,. San Francisco, Calif. Securities and Exchange. Commission— ■** Mr. ft Sons Drexel management. 30, 1,000,000 :'//;///v.> >V"; Thompson-Starrett Is buying 45,378 shares from Superior Tool July 28, Mr. Doroshaw said. He put the total price of the" $1,162,234, or an "average of $10.08 per share." authorized 75,000 Jackson Copelnnd froin , had 270,000 Kendall, Inc. Peters, Writer ft 230.000 Bros. Dittmar a Foundry's Bethlehem ; Inc.. Sullivan Webber, Co Curtis Patterson, 230,000 Co Dillon, long-term basis. Meanwhile, arrangements are being worked out, he added, .to acquire the minority interest in Bethlehem Foundry, which, lor the present, will be operated as a controlled * ft & 590,000 Merle-Smith____ the Doroshaw secured Paine, 590,000 — Coffin & Burr, Inc Courts ft Co ______ being made, he said, to refinance the are Inc. Co.__________ Ohio com¬ shares by Of the 190,000 230,000 Cook 590,000 Co._^_ Co. & Brown ft Eastman consummate ft ft 590,000 Corp. The Dick & jssue, repurchase .' Newhard, executive Tool transaction at Hanseatic 230,000 Republic Co. (Inc.) _;—_— Clark, Dodge ft Co acquisition. additional Co., the . itself 270,000 Mullanev, Wells & Co.__ York •' •.. ; interests who had been in working control of Superior Tool. directors representing these Canadian interests oii May 13 left, Also, 270,000 New ; the board. Co., ""F. S. Moselev & Co Central of ft i,l- According to Dennis M. Doroshaw, Chairman of Thompson-Starrett bought 70,000 Superior 1,000,000 Co._I___ 230,000 Inc. month next & Inc. Co., ft Burns will stockholders of within out, Leheigh Bethlehem will stock >a.t, Superior Tool's cost. Foundry stock. Plans Indebtedness The to pointed Foundry required Bethlehem stock. statement Turben The Milwaukee u recently outlined the details of its previously dis¬ working control In Superior Tool ft Die Co., Inc., Canadian Four Beanc_____ #••»_ « t „• mittee, 150,000 Pierce, 230,000 Co.. Inc Foundry's 45,115-share com¬ acquisition, Mr. Doroshaw explained, Corp., of which Mr. Doroshaw Company Co. Bosworth, Bethlehem authorizing the increased that Doroshaw Vi Funds Die Becker & Alex. ft ♦- . corporation purchase of Detroit, Mich. 190,000 __ Inc. Kraus___ Stearns G. Blyth Bethlehem the and proxy ft event Bethlehem cash in Tool purpose the Mr. for forth Superior In shares of capitalization, from Lehigh ft Blair - effected Baird William company Embracing 32,097 1,1 closed 340.000 _____ Inc.., 270.000 Blair has undertaken an expansion and diversification pro¬ gram involving, initially, the acquisition of 71.14,?# of the outstanding common stock of Bethlehem Foundry & Machine Co., 127-year-old Bethlehem, Pa., maker of processing equipment for the cement, metallurgical, chemical, oil and sugar industries, it was announced on May 28 by Jennis M. Doroshaw. Board Chairman. was W. Burge Bear, Co.—Acquisition, etc.— "Merrill, 590,000 ft Inc. Ball, A. mon Thompson-Starrett Co., Inc.—Acquisition— 1 Hi") *•) •;„•»<» This < ' ft Co.______ Lynch, Fenner Securities _____ Robert Merrill 590,000 Redpath Bacon, Whipple ft Co.__ churches, restaurants, schools and other installations require dimming, brightening and blending of individual circuits up to a total rating of 6,000 to 15,000 watts from portable or fixed low cost equipment. An excellent reference for lighting consultants, engineers, specialists and otners concerned with light control appli¬ cation.—V. 185, p. 2495. This Co., Inc. Corp. ideal for theatres, " 150,000 & ._ MeCormick ft Peck Allyn Marks Mason-IIagan, Co. Auchlncloss, Parker which Superior Tool & Die & C. M. Co. 2,931,000 ft 2,931.000 Adams gives full information on features, ratings and data of "compact, self-contained packaged light control variable autotransformer type units described are company new assemblies. Co Inc. light control equipment, Bulletin L157P, A.I.A. complete, illustrated 28-page brochure just released a Laurence _$2,933.000 White, Weld & Halsey, Stuart Superior Electric * Co.;- (Bristol, Conn.—New Bulletin— Packaged forth below & Webster Securi- ties Corp,— ' File set are . outstanding declared b',o stocK 777. p. UNDERWRITERS—There r the names of the prin¬ cipal underwriters who have severally .agreed to purchase tne principal amount of bonds set opposite their respective names: out¬ shares recently a con¬ 'Vv . Cigar-WheJan had 53 ance of this As of May indebtedness is to be 1. retired in part by the amounts vv and Financial Chronicle The Commercial 54 Monday, June 3, ... 1957." (26C6) Dec. 1, 1957. Tne Discussions have loans of up to $25,000,000. If the amount of such institutional loans prior to Dec. 1, 1957, plus the proceeds from the sale of shares in excess of $34,000,000 does not aggregate at least $15,000,000, Hughes has agreed to extend to TWA a revolving credit, maturing Dec. 1, 1960, for the amount of provided irom a temporary bank loan payable on supplied from TWA's general funds. also been initiated for possible additional institutional 185, p. 2263. This Co.—Earnings— This ended April subsidiaries for the fiscal year its and company of $3,223,584 after Federal dividends to $2.16 a share on 1,375,809 shares of common stock outstanding. This compares with net of $3,212,518 for the fiscal year ended April 30, 1956, which included non-recurring income of $567,516 or 49 cents a share. The 1956 net income was equivalent after preferred dividends to $2.51 a report consolidated net income equivalent after preferred 1957 share common Net sales the for shares then outstanding. totaled $47,837,287, compared with $45,563,994 1,149,530 on the year for fiscal preceding of 5%. increase an year, production for (Jhe year amounted to 7,847,899 tons for the nreceding fiscal with Division— has been appointed President of Union Carbide division of Union Carbide Corp., it was announced President, on May 21. started with Union Carbide in 1923. In 1942 he became Cormvell E. R. 7,993,717 tons compared year.—V. 185, p. 1324. Corp.—New President of Union Carbide Development Co.. a by Morse G. Dial, Cornwell Mr. 1956, Vice-President of Union Carbide Development Co.—V. 185, p. 1433. formed and, Co. Linde of Vice-President in Canada, Ltd.—To Offer Stock— will receive rights to subscribe for shares held at a price of $55 per share. The rights expire June 28. Transferable warrants will be mailed to shareholders May 31 Since the offering has not been registered in the United States, holders resident in the U. S. may sell Union Gas Co. of their rights but cannot exercise them. A total of 176,550 treasury shares will offer First The with toward the end of 1957 or Dye United resigned has as 3%% resigned as Chairman also Guterma United took Dye and a director of Bon Ami of that concern in May last year. ■ .. Robert J. Eveleigh resigned as Vice-President and Dye, of Bon Ami, has Adams, Executive Vice-President him.—V. 185, p. 1201. S. Harry and been elected to succeed United States Borax & Chemical * A Corp.—Listing, etc.— for the tape on May 20 after the sale on the New York 100 ahares of this corporation. Purchaser of the wa's J. share, May 20 for trading. listed was M. listing consists of 4,325,000 shares of $1 par value 144,895 shares of $100 par value 4'/2% cumulative of the world's largest producer of borates and boron The Stock and stock common preferred products largest domestic producer of potash. and second formed was + 1957 9, — $10)— (par — the authorized common 2,000,000 shares. 1,113 shares of United common of stock 1939 acquired all'the assets and territory served The 15, 1933 in Kansas and in assumed all the liabilities of it common $6 per share below, the November. In no event less than $46 per share. The stock will be paid for by regular payroll ueductions, starting , in June. No emplovee will be permitted to purchase more than 1.5 shares in a year. —V. 185, p. 2145. ; % p. price be more than $70 or White Motor Robert assets the chased above.—V. Merger—. 185, p. 982. Chief Executive Officer, of Lansing, Mich., from Bohn of Reo Motors, Inc. amount of cash. ; ; . , j acquisition+of Reo was a logical step in aimed at broadening its markers. . ; ; Motor Co. will operate Reo as a division. . . . % .-t -t< stated that - the Black Mr. of the Board and and Simon D. Den Uyl, President of the Bohn Alumi¬ May 27 announced that White Motor has pur¬ Corp. on Brass & num Co.—Acquires Reo Motor Assets— Black, Chairman F. this company, oi White's expansion program The White . Denies Purchase of Assets or Motor Co.'s assets or statement This blocks any came on recent reports that two large either been sold cr are for sale.; the heels of Diamond T stock have ox '■ Stock of Diamond T— Wnite, on May 27, said: "The White involved in n.gaviations for D+amond T of its stock." not in any way is Co. of President Bauman, N. J. Motor owned' by Bohn Aluminum Msapproximately 102,550 sh«.r.s owned cr con¬ an industrialist, vho lives in Stamford; Conn. Mr. Feldmann recently came promincn.ly into the Diamond T picture when he acquired a large black of stock held by the estate of the late C. A. Tilt, one time Chairman of Diamond T.-—V. 135, p. 2263. blocks is 137,480 shares these of One The other is Corp. Brass 2145. will be made available at for the first 20 days of market price the for an undisclosed Unitronics Corp.—Proposed Siegler Corp. stock the 30, will by C. Russell Feldmann, trolled See was average owning 1.2%.—V. 185, Corp.—Stock to Employees—% will resume its employee sicca purcnase plan on announced on May 13. The company will offer 400,000shares to employees. In the first offering period, June 1 to: corporation 1, June Nov. were derived as follows: telephone service, 86.5%; 8.6%; LP gas service, 2% ; natural gas service, 1.7% ; service, against $80,517,576 in the as 135, p. 2145. Westinghouse Electric 4,000,000 +1,869,423 shs. was increased to operating revenues miscellaneous, for the four months this year totaled corresponding period of 1956. operating revenues Gross —V. United's subsidiaries is located in 13 states, For the year ended Dec. 31 1956, by sales of private wire service, and higher wages incident to renewal of $86,242,650, 2,000,000 1,080,000 950,000 1,000,000 about 470 communities includes $22,234,002 compared" Tne increase reflects tariff revisions required to meet union contracts last June. For the four months of 1S57, earnings after taxes amounted to' $4,063,118, or 65 cents a share. For the same period a year ago, earn¬ ings were $4,258,010, or 68 cents a share, air the common stocks of 11 principal telephone operating companies anu four smaller telephone operating companies, a utility merchandising company, six LP gas dis¬ tributing companies and an LP gas transport company, and 91.6% of the common stock of an electric, gas and water utility company. On the basis of telephones served, United; believes that its' telephone sub¬ sidiaries constitute the second largest telephone system in the United States outside of the Bell Telephone System. The operating revenues for April, 1957 were in the same month of last year. Gross stock into which shares of incorporated Nov. was predecessor company; United is a holding company and mining operations. Co.—April Net Higher— with $19,933,573 Investors of stock January, and to , May 28 reported earnings of $1,098,142 for April, $771,000 for Federal income tax. For April, 1956 $1,032,891. ■ on company provision larger refining and mining April electric last July by a merger of two longcompanies, Pacific Coast Borax Co. and United States Potash Co., which now operate as divisions. The Borax Division is perhaps best known through its world-famed 20 Mule Team Trade Mark which appears on consumer and industrial products corporation The established 1978_: 1980stock BUSINESS—United a first time on the Stock Exchange of lot, at $62.50 per Gerstley, President of the corporation whose stock symbol—"UBX"—appeared ticker new The after Telephone Co. were converted upon the merger of the latter company into United as of July 31, 1953, although certificates for such shares of Investors Telephone Co. have not been presented for exchange; does not include 2,390 shares held in treasury of United. Alsc includes 2,262 shares Issued since Feb. 28, 1957 upon the exercise of options granted pursuant to United's Stock Option Plan; but does not include 4,750 shares to be issued in exchange for all the outstanding capital stock of Farm & Home Gas, Inc. Treasurer of United incident expenses Western Union Telegraph I 1974_„__ {Includes control management over due common May 8. for used be to $1,000,000 $2,000,000 1,030,000 950,000 1,000,000 4,000,000 "3,000,000 shs. __ - 3,000,000 shares from of to be a major part Virgil D. Dardi, who also continues as President. Mr. Dardi headed a group that bought about 43,000 shares of Mr Guterma's United Dye stock for around $7 per share, the price at which it closed on the New York Stock Exchange Mr. stock. I due 1976 due ♦On Resigns— corporation and has sold what is understood of his stock in the company. He was succeeded by Co. due 4'/z% this on due 1973 Common Chairman and a director agreed to debentures: fund Sinking 4% Chemical Corp.—Chairman & Guterma L. 2497. Inc., Spokane, Wash.—Files With Securities and Exchange Commission—-= The corporation on May 15 filed a letter of notification with the SEC covering 800,000 snares of common stock (par 10 cents). to be offered at 20 cents per share, without underwriting. The proceeds are Outstanding loans bank Short-term Corp.—Proposed Merger— financing program, see V. 185, p. Western Resources, PRESENT FINANCING EFFECT TO GIVING Authorized 4'/4% Alexander further details of Oregon-Washington preferred 1957. 7, of record June CAPITALIZATION above.—V. 185, p. 2496. Co. Drug Ray Sun $2,400,000 5% consolidated note; $1,950,000 of series A 6% subordinated debentures, due June 30, 1961; and 1,950,000 shares of common stock. For its common stock in in 1939. A quarterly dividend of paid on March 30, 19o7 and a quarterly dividend share has been declared payable June 29, 1957 to stock¬ 4'/i% Cigar-Whelan Stores United See following securities have been Weld & Co. and Bosworth, through White, negotiated since it commenced business of 30 cents per holders said.—V. 172, p. 1537. the company Corp.—Securities Placed Privately- placement of the Sullivan & Co., Inc.: DIVIDENDS—United has paid cash dividends on early in 1958, The earnings amounted to every year proceeds will go toward expansion of natural gas storage distri¬ bution and marketing facilities in Northwestern Ontario. Additional funds will be needed for the current capital program, and it is expected financing will be done Thisl of Oregon-Washington common The debt — 30 cents per share was fully 706,199 of the underwriting group would be Kidder, * Blyth & Co., Inc., White, Weld & Co., and Laurence M. securities may be offered around July 10, if re-;, managers Co. & Western Nuclear Makes Exchange Offer agent. be issued if rights are exercised, netting the company $8,710,250. There are presently common shares issued out of 1,000.000 shares authorized. joint quirements can be met by that tune. . "xW The proceeds of the offering would be used to repay bank loans obtained for construction. Washington Water Power has borrowed $30,500,000 under a bank credit arrangement allowing $48,500,000 of borrowing up to Nov. 30, 1958.—V. 185, p. 2497. • L stock (i.e., 80% be irrevocably tendered fcr exchange under this National Bank ot Portland, Ore., the exchange must class) each of for each four common share common — than 4,800 shares of of not less stock and 24,000 shares The stockholders of record May 23 new The Marks -New Control- Zilka, Smither & Co., Inc., Portland, Ore., has solicit exchanges of Oregon-Washington pfd. the newly A total one and Peabody & Co., corporation on May 21 offered to the common and 5% preferred stockholders of Oregon-Washington: Tele¬ phone Co. the rights to exchange their stock for 105,000 shs. of United Utilities com. stk. (par $10) on the basis of 21/2 shares of United common stock for each OregonWashington common share and five United common shares for each Oregon-Washington preferred share. The offer will expire on July 1, 1957, unless extended. common Coal Inc. Co.—To Sell Bonds— statement with the 4 for public sale of company Securities Direct United Utilities, " expects to file a registration Exchange Commission on June $30,000,000 of first mortgage bonds, due 1987. This affili¬ above. Seq Graham-Paige Corp. all-steel gondola cars, estimated to cost $13,045,374. in the offering are: Drexel & Co.; Eastman Dillon, and Stroud 6c Co., Inc.—V. 185, p. 2436. Washington Water Power Colonial Warehouse, Inc., and its Manufacturing Co.- United Supply & taxes, income 100 Participating _ Union Securities 6c Co.; Co.—Acquisition— acquired has with a . and and boxcars Miami Terminal Transport Co. and City Cartage Co. The purchase price was not disclosed. Colonial operates a large warehouse just outside Miami, Fla. Its subsidiaries have contracts as pick-up and delivery agents for the Florida West Coast and Seaboard Airline Railroads. United States Freight Co., in the freight forwarding business, has 146 terminals and branch offices in 131 cities. Its headquarters are in New York.—V. 184, p. 2165. tising program. 30, company of \ sale of the certificates are subject to authorization of the Interstate Commerce Commission. " The entire issue of certificates. will be secured by 1,300, all-steel the ates, coupon. Issuance , United States Freight Calif.—Files With SEC— The corporation on May 15 filed a letter of notification .with the EEC covering 10,000 shares of common stock to be offered at par ($10 per share), without underwriting. The proceeds are to be used for working capital, machinery and equipment, and to expand adver¬ Culver City, Truax-Traer Coal 185, p. 2038. at that date.—V. for the certificates bid 98.451% Co.. Inc., Halsey, Stuart & 4%% States United remainder will be Trewax Corp., upon Foil Co.—To Retire Pfd. Stock— The company has called for redemption on July 1 all of its preferred stock at the redemption price of $110 per share, plus $1.75 per share representing the accrued dividend. Shareholders may present their shares to The Chase Manhattan Bank, New York, N. Y., for redemption be the difference.—V. 4.60%, according to maturity. The group won award the certific'ates on May 28"on its bid of 98.458%. circular without appropriate disclosure of these Commission's order asserted,' "would operate as a fraud the purchasers" of Fiber Glass stock.—V, 184, p. 564. offering the matters, and deceit additional $10,000,000 will An 1958. 1, commencing Jan. installments *oie . said of use $25,000,000 can* iWtea „ ceeds of a of $34,000,000 and the pro¬ by-TvVA in 36^ eq^-monthly sale of shares in excess the from received internationally. At present, there are more than 100 different industrial uses for the corporation's growing list of boron products. Boron has been much in the news recently with respect to its possible use in high energy fuels and atomic application. the companion product of the corporation, is one of the plant foods and is an essential ingredient in nearly all mixed fertilizers. Potassium chemicals also have many industrial uses. Potash, basic three Production creased within company's boron products have more years. Sales of its potash have in¬ To keep pace with the increas¬ the past the same period. this corporation embarked on a sizable expansion and improvement program last year. ing demand for these products, A expansion program of the Pacific Coast Borax Co. completion at Boron, Calif. Also nearly completed $20,000,000 Division is nearing Center located in Anaheim, Calif., which pro¬ vides every facility for conducting the vital experimental and develop¬ mental work pertaining to new or improved products for all divisions is $1,000,000 Reserch a of United States Borax These Sc Chemical Corp. follow closely on the recent $3,000,000 expansion pro¬ by the United States Potash Co. Division at their steps gram, conducted mines and fit N. M., which was Further important capital additions 1956. —V. refinery in Carlsbad, are completed mid-year in progress in 1957. 185, p. 1433. S. Fiber Glass Industrial Plastics, U. 17, Securities has issued and an Exchange Commission, order temporarily it was Inc., Norwood, suspending the Regulation A ex¬ to public offering of securities by this corporation. The order pro¬ upon request, on the question whether should be vacated or made permanent. a vides an opportunity for hearing, the suspension Regulation provides A a conditional exemption from registration for offerings of securities not exceeding $300,000 in amount. Fiber Glass filed its Regulation A notification with the Commission on March 19 1956, proposing the public offering of 150.000 shares of preferred stock 30.000 and shares offering was to be share of common; of common stock pursuant to such exemption. The made in units of five shares of preferred and one and the offering was first to be made to stock¬ holders at $9 per unit and thereafter to the public at $10 per unit. In its failed to suspension order, the Commission asserts that Fiber Glass comply with the terms and conditions of Regulation A, in that the notification failed to state each of the jurisdictions which file the the ceeds securities were to be offered; and (2) reports of stock sales and the applied. required were according to (states) in company failed to which the pro¬ to Fiber Glass' offering circular omits to state material facts necessary to make the statements therein Furthermore, the the use order. that it fails to disclose the filing by Fiber Glass reorganization under Chapter X of the Bankruptcy Act in the United States District Court for the District of New Jersey and the adjudication of Fiber Glass as a bankrupt by said court. The not off misleading, a petition in for Commission has cancelled a hearing vacate or make 1957, on the question whether to 6, notification, filed Oct. 4, 1954, proposed the Universal's Regulation A $1 per 1957, charged that the company's notiiication and offering circular are false and misleading in respect of various material facts. . At the request Universal, of June 6, 1957, Commission on May 21, 1957, ordered a hearing determine whether to vacate or make permanent the to order. Subsequently, Universal withdrew tission cancelled the whereupon the Commit suspension hearing, on the its request for a hearing.—V. 185. of Americar—New President of Unit— Vitro Corp. Division General Manager, and Dr. William of Vitro's West Orange Laboratory, have been Vice-President, respectively, of Vitro Labora¬ tories, a division of Vitro Corp. of America, according to an an¬ nouncement by J. Carlton Ward, Jr., .Vitro President.—V. 185, p. 2038. G. Dr. Tatum, Russell Bain, Jr., director elected President and A. Wendell Smock, Ky.—Acquisition— announced the acquisition of Division of the Century Machine Co. of Cincinnati, President, Vertical Mixer the on May 20 Ohio. addition of this complete line of mixing equipment to already manufactured by Vulcan-Hart for preparation of cooking makes the Vulcan-Hart comprehensive in the kitchen equipment field. products food When manufacturing plant Diswasher CAPITALIZATION GIVING EFFECT in operations are these Louisville, moved mixers to will Other Vulcan-Hart ovens, Vulcans Autosan bear the name heavy duty ranges, broilers, roasting ovens, griddies, deep fat steam jacketed kettles, pasteurizers, and drying equipment. factories in Louisville, Ky., and Baltimore Md. products restaurant include ranges, fryers, food warmers, roll warmers, commercial dishwashing sanitizing The has company ' ' I' Wabash RR.—Equipment Trust Certificates Offered— Salomon Bros. & Hutzler headed a group of investment bankers which on May 29 offered $6,615,000 of 4V2 % (non-callable) equipment trust certificates, series H, maturing annually Jan. 15, 1953 to 1972, inclusive. The certificates, second and final instalment of an issue ag¬ gregating $10,395,000 were scaled to yield from 4% to ■ : ■ : . TO PRESENT FINANCING Outstanding Autnorized 4,000,000shs. 2,016,000 $hs. BUSINESS—-Company was incorporated in Washington en Aug. : 2d, 1956, with its principal office located at 205 East 12th Street, Van¬ couver, Wash. Organization was completed Oct. 11, 1956. - j .7 stock (j>ar 10 cents) Common ——- holds by Mining Deed the following unpatented lode situated in tae Paradise Mining District, okamjania Washington: The Paradise Mine, Lode Star No.' 1, and Wind River No. 1, Wind River No. 2, Wind River No. 3 ; and Wind River No. 4. The company noids oy location Wind River No. 5, Wind River No. 6, Wind River Nov. 7 and Wind River No. 8, lode The company mining claims State mining claims. company's properties are the of All —V. 185, of unpatented lode mining claims. 1563. p. Winn-Dixie Stores, Period Ended May 4— Inc.—Current Sales Higher— 1957—44 Wks.—1956 1957—4 Wks.—1956 $ $ Sales —— 185. p. 41,205,953 $ S i i 31,824,677 432,849,522 343,296,540 V: 2378. the list the commercial line the most Vulcan-Auto-Mix. baking purposes. corporate —V. The of Vancouver, Wash.—Stock Of¬ 1957, publicly offered 1,000,000 shares of common stock at par (10 cents per share). This offering is not underwritten. PROCEEDS—The net proceeds are to be u ed to pay for exploration and acquisition of properties and mining machinery; and for other Wind River Mining Co., County, 240* D. •- (1) Co.— public offering of 300,000 shares of its common capital stock at share. The Commission's .suspension order, issued April 17, May emption from registration under the Securities Act of 1933 with respect Drilling fered—The company in May, Vulcan-Hart Mfg. Co., Louisville, announced on & permanent a prior order of the Commission temporarily suspending a Regulation A exemption from registration under the Securities Act of 1933 with respect to a public offering of: securities by this company. N. J.—Offering Temporarily Suspended— The Exploration Exchange and Securities The scheduled for June 10 the in 65% some of sales and doubled than Petroleum Universal Hearing Cancelled— Inc. (N. Y.)—Registers With Commission— The company on May 28 filed a registration statement with the SEC covering a proposed offering of 700,000 shares of common, stock (par 10 cents) at SI.50 per share. Of'this issue, 600,000 shares are to be offered for the account of the company and 100.000 shares for the account of a selling stockholder, Ralph J. Ursillo. General Manager of the company. The underwriter, whose name is to be supplied by amend¬ ment, will offer the stock on a best-efforts basis and receive a selling Woodland Oil & Gas Co., Securities of 30 cents per commission The net , 011 wells for two and Exchange shaie. proceeds to the company are to be used to drill and complete the company's Pennsylvania and Kentucky properties and on "deep tests" on its ing capital.—V. 181, Pennsylvania property, as (L. A.) Young Spring & William Conn., has Horowitz, elected to t Wire Corp.—New Director— of the General Eank of New Haven, Baker Industries, Inc., of Newark, N. J., the board of directors.—V. 185, p. 2497. President and Vice-President of been well as for work¬ p. 52. Volume 185 Number 5643 . The Commercial and . . Financial Chronicle STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ALABAMA Bond ous 28 bonds purposes 185, v. — awarded the Orrick, Dahlquist, to a May Bond were — Securities ARIZONA vCochise County* Benson Union High School District -No. 9 (P. K). Bisbee), Ariz. Bond Offering until T. — F. Baum, 10 (CDST) a.m. June on 15 the purchase of ior $1,535,000 non¬ tax-exempt dormitory revenue oonds. Dated Oct. 1, 1956. Due on ; Oct; 1 from 1959 to 1966 inclusive. Legality approved by Orrick, Dahlquist, Herrington & Sutcliffe, of San ' 1959 to 1977 inclusive. and interest Prin¬ (J-J) (PDST) i957. Due July 1 from 1958 to on (J-J) payable at the County Treasurer's office, or at bids Robinette, of Phoenix. (F. B O. o n oi Bisbee), Ariz. Ottering n a r r — i e t Heister, Clerk of the Board of Supervisors, will receive sealed bids until 17 11 (MST) on June purchase of $195,000 building bonds. Dated for school July 1, 1957. 1959 Due National the foregoing supple¬ in report issue our 2498. p. Danville Union School Contra Costa County, Bond of Offering—W. Sale—The $148,000 build¬ bids at his office in Martinez until 11 a.m. July 1, 1957. Due from 1958 to cipal on July 1 and 1977 inclusive. Prin¬ p. interest (J-J) payable County Treasurer's office. Legality approved by Orrick, composed Dahlquist,-Herrington & Sutcliffe, of the First National Bank of lin & Arizona, Phoenix, CoughCo., and Garrett-Bromfield Company. 2 & the at of San Box Note—The foregoing supersedes the report 185, ■*-—v, in issue of May 27 our 2498. p. County Water District O. Oakland), Calif. Sale—The provement offered were $1,400,000 District No. bonds p. 2265— the to 1 185, May 23—v. awarded Im¬ Bank of America National Trust & Savings Association of San Francisco. Atwater School District, 2378—were •p. awarded (& Co., Inc., at Blyth price of 100.02, of about 4.51%, follows: as eral iered .161,000 4Vzs. from 1962 June on 1958 to 1961 " < Due 1 to 1981 El Dorado Bond Sale—The Bank of Amer¬ ica National Trust Association, purchased building of an ' 1958 San issue bonds, $270,000 5s. to .& follows:. as Due 1963 of Savings Francisco, $1,100,000 on June 1 from inclusive. 225,000 %VzS. Due on 1969 1974 ; to 1973 3.90s. and 290,000 4s. 1976 The to Due are on 1, 1 1, 1957. Principal and interest (J-D) payable at the County Treasur¬ er's office. Legality approved by The 1961 — interest and of Due June on 30, on 1978 June 30 from Bond Sale—The $850,000 bonds offered 2039—were 200,000 2s. Due on 1979 to 1982 inclusive. June 30 from May 21—v. awarded to sewer 185, a p. The bonds are dated June 30, Principal and interest (J-D) payable at the County Treasurer's office. Legality approved by Or¬ rick, Dahlquist, Herrington & Sutcliffe, of San Francisco. Trail Union El Dorado Bond School District, ciation, of San Witter & Co., Francisco, Dean Merrill Lynch, Pierce, Fenner & Beane, Stone & Youngberg, Lawson, Levy & Wil¬ liams, Barcus, Kindred & Co., Fred D. Blake & Co., and C. N. White & Co., at a price of 100.05, net interest cost of about a 1977 Orange bonds $45,000 build¬ offered May 27 were awarded to Schwabacher & Co. School District, Alameda County, Calif. Bond Offering — Jack bids at his office in Oakland until 10 a.m. (PDST) on June 4 for the purchase of $10,000 school bonds. 1987 Glen on June from 1 1958 to 1963 inclusive. 210,000 5s. Due 1964 to 1970 on from 1 July 1 from on from 1 inclusive. 270,000 41/2s. Due on June 1 from 1971 to 1979 inclusive. 240,000 4%s. Due on 11 his at office 10:30 for 1957. San Due July on Diego, June on of $34,000 July 15, Dated from 15 1958 inclusive. Los Bond Pacific of Power Board of of San S:':v VO;"--jj Dist., Sacramento County, Calif. Sale—The school bonds totaling $9,000 offered May 22— 185, p. 2265—were awarded to Schwabacher & Company, as 41/4s, price a about of 101.01, basis a of 4.16%. Rialto Sch. County, Calif. May 27—v. 185, awarded America National bonds 2265— p. the to of Bank Trust will and re¬ District sealed (PDST) Calif. 2265—were awarded to dicate Note of composed Bond sealed bids June on Dated 1 from the of be collectible current official at either the a syn¬ Bank West banks of Chicago. Legality approved by & Myers, of Los or O'Melveny Angeles. Note Mountain ing View bonds Co., offered to of San the May 27 American were Trust 3s. 50,000 Due June on 1965 Dist., County, Calif. Sale—The $120,000 build¬ 1974 to 1963 1, San Diego, side, June Clerk, bids until June 13 will 10 for 1957. Due 1977 (J-D) offices Trust on 1958 until W. Sick. sealed (PDST) on the 11 or Bank & (CDST) a.m. on of $45,building' bonds. Dated on July 1 from COLORADO Adams State College (P. O. Bond Sale—The $600,000 dor¬ apartment revenue bonds offered May 27— v. 185, p. 2266—were sold to the mitory and 1958 to and in¬ at the City at the main of America Savings student j Federal Housing and Home Fi¬ Agency, as 2%s, at par. nance Moffatt County, County High Sch. (P. O. Craig), Colo. Sale—The $200,000 build¬ District Bond bonds offered May Boettcher to & 29 were Co., and Bosworth, Sullivan & Co., jointly, CONNECTICUT Southington (P. O. Southington), Connecticut Bond Offering—Robert E. will Treasurer, sealed bids the at office Foley, receive of Day, & Howard, 750 Main St., Hartford, until 2 p.m. (DST) on June 11 for the purchase of $1,871,000 bonds, as follows: $1,271,000 school from bonds. Due on 1958 to 1977 in¬ clusive. from The 1957. Asso- on June 1958 to 1977 inclusive. bonds are dated Legality June approved by above-mentioned attorneys. of Principal payable Trust * G. A. Peque- — 600,000 water bonds. Due purchase a.m. Treasurer's office, of School District, County, Calif 1973 to 1 receive the July inclusive. inclusive. Principal (J-J) payable at the County Treasurer's office. Legal¬ ity approved by O'Melveny & Myers, of Los Angeles. ' | Calif. June 1 from inclusive. terest 1987 of bonds. on 10 for the purchase 000 school June 1 from Offering—Fred Bond City National National on purchase gnat, County ..Clerk, will receive sealed bids at his office in River¬ June 1 inclusive. 1977 (PDST) p.m. revenue Bond Offering inclusive. 1973 100,000 3y2s. Due Bank America to M. Berry 1964. and ing bonds offered May 7—v. 185, p. 2039 — were awarded to the of 1 from June inclusive. 1961 of Riverside 1, the DELAWARE $5,000,000 Mission Bay Recreation Facilities bonds. Dated June 1, Francisco. Ventura Bond 1958 to School Sale—The $275,000 build¬ awarded Sav¬ 225,000 3y4s. Due on June 1 from District, Santa Clara County, Calif. Bond & 25,000 3V2s. Due on June 1, 1962. The foregoing supple¬ report in our issue of May 6—v. 185, p. 2146. — the ments Trust on Caroline the to Riverside of & $100,000 5s. Due issue our 1, 1957. Due 1960 Town will & Principal and interest (J-J) pay¬ able at the City Treasurer's of¬ fice. Legality approved by Kirkbridge, Wilson, Harzfeld & Wallace, of San Mateo. follows: callable as of June 1, 1960. Principal and interest (J-D) pay¬ able at the City Treasurer's office, for 8 sewer July Co.; Merrill Lynch, Pierce, Fenner & Beane; Lawson, Levy & Williams; Stone & Young¬ berg; H. E. Work & Co.; Irving Lundborg & Co.; and C. N. White & Co., as a price of 100.05, a net interest cost of about 3.40%, as are ap¬ 2379. — until 5 $800,000 Barth thereafter pur¬ Church, City Clerk, will receive ing and the Legality in p. Offering awarded National for a.m. foregoing supple¬ report May 20—v. 185, ings Association, of San Francisco; Harris Trust & Savings Bank, of Chicago; Dean Witter & Co.; J. 1963 office. The — the America in 4 will 11 cisco, and by Jones, Griswold Henley, of San Jose. ceive sealed bids at the First Na¬ due June on until proved by Orrick, Dahlquist, Her¬ rington & Sutcliffe, of San Fran¬ tional bonds. Dated June 1, 1957. Due on Secretary, bids Greeley), Colo. Sale—The $500,000 school offered May 27 — v. 185, bonds Con-' bonds. basis of about 4.24%. Salinas Union High School District, p. Water $3,000,000 general obliga¬ Dated July 1, 1957. Due serially from 1958 to 1982 in¬ clusive. Principal and interest (J-J) payable at the County tion Sav¬ & Bond Twohy, • , chase of ings Association, of San Fran¬ cisco, as 4%s, at a price of 100.03, County, ' and interest Sale—The $196,000 offered ' >"■ .. (P. O. 60 North July 1, 1957. Due Dist., San Bernardino Monterey Water Commissioners, Sutcliffe, v. at Valley District Wright, receive Sch. Bond Angeles, Calif. Offering—Frank & Francisco. " .. Uhiah, Calif. San purchase bonds. 1982 in (CDST) a.m. the Herrington a June 1 from 1980 to 1987 inclusive. Clara ments School District, ' Second Street, San Jose), Calif. ' Bond Offering — Thelma M. July 1 from on inclusive. Offering — R. B. James, County Clerk, will receive sealed were June Santa Diego County, Calif. Bond $130,000 6s. Due Blue, County Clerk, will receive sealed to 4.74%, Nordhoff Union Elem. Sch. G. July on ' / ■ Diego, Los Angeles or San Francisco, or at any fiscal agent of the city in Chicago or New York City, at the option of the holder. Legality approved by O'Melveny & Myers, of Los Angeles. Bond follows: as County, Calif. Sale—The Due 145,000 4%s. Due group the Department in New York City 1957. as 1971 to 1976 inclusive. composed of the Bank of America National Trust & Savings Asso¬ and inclusive. of Principal and (J-J) payable at the County Treasurer's office. Legal¬ ity approved by Orrick, Dahlquist, Sierra Community Services Dist., Riverside County, Calif. Bonds 1960. Due to cost follows: as 4%s. 900,000 5s. from June e net a 1959 inclusive. dated 1 a 4.12%, Green June S par, ing June Sch. — Savings interest June 1 from 1958 to 1987 inclusive. Gold 1975. 1982 bonds on High Bank 1958 to 1970 inclusive. until of June 1 from inclusive. Due 6s. 26,000 5y2s. Due County City Bank, Corporate Trust Department, 2 Wall Street, New York City, until 11 a.m. (PDST) on June 5 for the purchase of $15,000,000 electric plant revenue 1864 to 1963 inclusive. 225,000 3%s. Due on June 1 from 90,000 Union 2039 p. the of- 1 Treasurer's $29,000 bids $1,200,000 building bonds offered May 27— v. 185, p. 2498—were awarded to the Crocker-Anglo National Bank of San Francisco, and Schwabacher & Co., jointly, at a price / Campbell Union High School Dist., Santa Clara County, Calif. Dated July July 2 from 1961 bonds 185, to .'V ' servation $200,000 gen¬ sewer v. '• ciation in San from follows: to bonds. on Dist., El Dorado County, Calif. 1 inclusive. of from 1 June on awarded building Auditor $100,000 June. on purchase 1 Association, of Sari Francisco, interest office. June on The — obligation May 7 — were the at Due Sale Legality ap¬ proved by Orrick, Dahlquist, Her¬ rington & Sutcliffe, of San Fran¬ Mateo. from inclusive. Due payable ireasurer's inclusive. 1977 inclusive. America National Trust & and Principal 1967 Placerville, June 30 from, 1958 to 1981 on (J-D) (PDST) p.m. Principal and (J-J) payable at the County Treasurer's office. Legal¬ ity approved by Kirkbride, Wil¬ son, Harzfeld and Wallace, of San about -$32,000 5s. > a net interest cost a to in a.m. inclusive. inclusive. Bond Bond Sale—The $193,000 build¬ ing bonds offered May 28—v. 185, receive interest Merced County, Calif. the sewer 1987 to will 8 for 1957. Due 2, Kenneth Hart, until 13 (P. O. Calif. Rey), — Secretary, bids $90,000 Alameda (P. Offering June on Del 186, Bond District sealed CALIFORNIA Bond Francisco. Del Rey Sanitary District ; • uue County Clerk, will receive sealed ■ ing bonds offered May 20—v. 185, 2265—were awarded to'a group 11 office La Cochise 18 her from Tahoe Public Utility Dist. (P. O. Kings Beach), Calif. Bond - Lang, (CDST) on June 10 for the purchase of $525,000 build¬ ing bonds. Dated June 30, 1957 Paasch, Dated Bond until Calif. T. Phoenix. . at Ruth — District, (PDST) on June 4 for the purchase of $55,000 school bonds. County School District No. (P. 0, Bisbee), Ariz* Offering to 4s. cisco. The May 27—v. 185, and interest (J-J) County gality approved by Gust, Rosenfeld, Divelbess & Robinette, of America & ments on payable at the Treasurer's office. Le¬ of Note— July 1 from 1977 inclusive. Principal to Bank Savings Association, of Los Angeles, or at any fiscal agency of the County in Chicago or New York City. Legality ap¬ proved by O'Melveny & Myers, of Los Angeles. a.m. the Bond terest Trust Cochise County Sch. Dist. No. 9 Principal and in¬ 1 inclusive. North County Clerk, will receive sealed the Divelbess & 1982 inclusive. San 1978 to 1981 inclusive. Lake Tahoe Unified School District, El Dorado County, Calif. enfeld. • 20,000 $210,000 school bonds. payable at the County Treasurer's office.. Legality approved bv Gust. Ros- ^ 1965 June 4 for the on June on 1963 50,000 3%s. Due bids at his office in Oakland until a.m. Due of 5,000 4s. Due June 1, 1964. 15,000 3V2s. Due on June 1 from Offering—Jack G. Blue, County Clerk, will receive sealed 10 5s. 1958 to Bond Principal and interest (A-O) pay¬ able at the County Treasurer's office. Legality approved by Or¬ rick, Dahlquist, Herrington & Sutcliffe, of San Francisco. G. A. i^equeg- $30,000 1968 to Bond ottering — Savings Association, Francisco, as follows: - Dated April 15, 1956. Due on April 15 from 1962 to 1976 inclusive. - Heister, Clerk of the Board* of Su¬ cipal County, Calif. Corona Unified School District, Riverside County, Calif. , ■/.Y & Irvington School District, Alameda Francisco. pervisors, will receive sealed bids nat, County Cierk, will receive until 11 aj?i. (MS.T) on June 17 ^eaied bias at his office in Riverfor tne purchase of $245,000 Yiae until 11 a.m. (PDST) on school building bonds. Dated June 3 for the purchase of $1,100,July j00 building bonds. Dated 1, 1957. Due on July 1 July 1, from Principal and interest (M-N) pay¬ at the County Treasurer's office. Legality approved by Or¬ rick, Dahlquist, Herrington & sutcliffe, of San Francisco. purchase of Harriet — Offering Dated May 15, 1954. Due on May *.5 from 1975 to 1979 inclusive. able President, will receive sealed bids Corp; City Naiional Bank & Trust Co.; First National Bank, of Dothan, and Seller, Doe &Bonham. J ! College of the Paciftc (P.O. Stockton), Calif. ! composed of group Interstate vari¬ offered 2379 p. Herrington ,& Sutclilfe, of San Francisco. Dothan, Ala. Sale—The $328,000 Wilmington, Del. Bond Sale—The various purpose bonds May totaling 24 poration, 100.17, $1,700,000 offered 185, p. 2379 —were the First Boston Cor¬ —v. awarded to a as 3.10s, at a price of basis of about 3.08%. ■*' • The Commercial and 56 & Plant City, and as St. Petersburg Offering Bond cago, a about 4.82%. of basis a ZVsS, at as basis of Sale—The Bond callable a as School Dist. Bond Sale-—An issue of gas utility refunding bonds was sold to the $430,000 revenue Securities Co., of Chicago, as 4MjS. 1957. Due on May 1 1960 to 1982 inclusive. In¬ from & Charles Lewis Louis. County School District No. 45 (P. O. Villa Park), III. Du Page Sale—The $288,000 school building bonds offered May 20— v. 185, p. 2266—were awarded to Scott & Keglcy, Inc., of Chicago, Bond Offering $153,000 33/jS. Due on Dec. 1 from 1958, to 1969 inclusive. Due on Dec. 1976 inclusive. 135,000 4s. 1970 to Joliet bonds Park offered Des park v. 185, May 20 — R. S. Dickson & Co., and Braun, Bosworth & Co., Inc., jointly, as St^s, at a price of 100.10, a basis of awarded 2147—were p. about to Sale—The Bond offered bonds awarded to erington, Secretary of the Board of Directors, will receive scaled bids until 7:30 p.m. (CDST) on June 11 for the purchase of $1,100,000 school building revenue bonds. Dated July 1, 1957. Due Dec. 1 from 1958 to 1976 inclu¬ sive. Principal and interest (J-D) payable at a banking institution mutually satisfactory to the pur¬ chaser and the District. Legal¬ ity approved by Chapman & Cut¬ were Roxana, III. Offering Canceled — The Bond Sale Bonds totaling —• 1 from 1964 to 1967 inclusive. street improvement $344,989.66 3 Vis, 692,989.66 bonds, due for on 1962 June 1958 from 1 to inclusive; $69,000 3s, due 3V4s, due on Kansas State Teachers College (CDST) on June 5 for the purchase of $39,000 school build¬ Federal from 1969 to 1972 in¬ Bond v. 185, nance of Sale—The bonds $400,000 mar¬ dormitory offered May 24— 2147—were sold to the Housing and Home Fi¬ p. Agency, as 2%s, at a price par. clusive. the Board of by Charles Kansas and & p. INDIANA Sale—The Bond $281,000 ulty and Student Housing bonds Trauernicht, of St. Louis. Wesleyan University (P. O. Salina), Kansas Education. Legality approved er offered May 28 — 185, v. 2267—were sold to the Federal Agency, as 2%s, at par. the 185, p. Federal 2499—were sold to Housing Finance Agency, as and 23/is, at Home par. Jennings Township (P. O. Austin), Indiana and Civil Township bonds offered 28—v. 185, p. Bond Sale—An issue of sewer Co., Inc., $600,000 as Dated May 1, 1957. Due on from 1962 to 1982 inclusive. cipal and interest (M-N) Dough¬ will receive Clerk, City sealed 2380—were until bids 7:30 p.m. June 5 for the pur¬ chase of $95,000 general obliga¬ tion—hospital bonds. Dated Dec. on Due on Dec. 1 from 1959 to 1982 inclusive. Bonds due in 1964 and thereafter are callable of Dec. Principal and interest (J-D) payable at the Union Bank & Trust Co., Irvine. Legality approved by Chapman & Cutler, of Chicago. as 1963. 1, Marion, Ky. Bond and Sale—The revenue 24 Bros. net were follows: on Feb. 1 1958 to 1969 inclusive. $36,000 4s. Due from was 34,000 41/4S. Due on Feb. 1 from 4V/2S. 1970 May 1 1973 inclusive. 1 from 1, 1957. Due on Feb. 1958 to 1973 inclusive. Bonds due in gality approved by Webb, Oman, McClure, Buzick & Waugh, of To¬ peka. are callable 1963 and thereafter as of Feb. & Trust Co., 100 Boston, until 11 a.m. (DST) 011 June 4 lor the purchase of $440,000 school bonds. Dated May 1, 1.957. Due on May 1 from 1958 to 1977 inclusive. Principal the Boston Co., Boston. and interest payable at Safe Deposit & Trust Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. Taunton, Mass. York, as 3s, Harriman syndi¬ the Trust Bankers cate: tric bonds offered May 28—v. & Winthrop Robert Schwa'oacher & Co.; Brown Brothers Harriman & Co.; Scott, Co.; Co.; First National Minneapolis; The First National Bank of Saint Paul; and & Sale—The Note Stokes Morris, 3.70s,"at' Winchester, Mass. Note Sale—The $400,000 tax an¬ notes offered May 27— ticipation v. the 185, p. 2500—were awarded to Winchester Trust Company, Winchester, at Coughlin, — Offering—Harry A. Town Treasurer, will until a.m. sealed bids receive 11 11 for the pur¬ chase of $200,000 street construc¬ tion bonds. Dated July 1, 1957. Due on July 1 from 1958 to 1967 inclusive. Principal and interest (DST) June on payable at the Second Bank-State Street Trust Co., Boston. Legal¬ Ropes, by approved Best, Coolidge & Rugg, of Gray, Boston. the purchase Note Sale—The offered $145,000 airport 29—v. 185, p. to Dwinnell, May Harkness & of 100.04, a Hill, as 3s, at a price basis of about 2.98%. Boston, Mass. Sale—An Note issue of $5,000,- notes was sold group composed of the First Boston Corporation, Chemical Corn Exchange Bank, of New York City, Rockland - Atlas National Bank, Merchants National Bank, Second Bank-States Street Trust June 3 for of $156,000 bonds, as $74,000 special assessment sanitary sewer bonds. Due Oct. 1 from to 1966 inclusive. 1957 special 29,000 from assessment storm bonds. sewer Due on Oct 1, 1962. Principal and interest (F-A) pay¬ able at the Farmers Bank & Trust 1 1957 to 1966 inclusive. 8,000 general obligation sanitary sewer bonds. Due on Oct. 1, from 1958 to 1965 inclusive. general obligation 45,000 sewer 2500—were awarded Post, sealed receive follows: Barnstable, Mass. notes will Clerk, bids until 7:30 p.m. on Francis A. 1 Buchanan, Mich. City Arlington, Mass. Offering Bond discount. 1.74%. MICHIGAN Bond ity price of 100.11, a basis a of about 3.67%. Co. & MASSACHUSETTS public $30,000 parking notes offered . May 28— v. 185, p. 2500—were awarded to Townsend, Dabney & Tyson, as of Elkins, • Whitman, Mass. land; The Illinois Company In¬ corporated; Robert Garrett & Bank a at HornPaine, and Jackson & Curtis, ;as price of 100.57, a basis Webber, of about 3.43%. Ripley & Co. Incorpo¬ Weeks; First of Michigan Corpo¬ ration; J. C. Bradford & Co.; Dick & Merle-Smith; \ Union Trust Company of Mary¬ Horner & blower Co.; Sachs & Weeks, Goldman, Company; rated; The First Boston Corpora¬ tion; Kuhn, Loeb & Co.; Alex. Brown & Sons; Hornblower & Sons; 185, 2381—were awarded to a group composed of First Boston Corp.; Northern Trust Co., Chicago; p. '6l/2 s, of from bonds. bonds The storm Oct. Due on 1 1957 to 1966 inclusive. are May dated 1, 1957, and the special assessment obligations due in 1965 and 1966 are callable as of Oct. 1. 1959. Principal and interest (A-O) pay¬ able at a bank or trust company to be designated by the successful Legality approved by Mil¬ bidder. to ler, Canfield, Paddock & Stone, a and the Boston Safe Deposit & Trust Co., all of Boston, Company, at 2.54% interest. Middlesex County (P. Dated Feb. Prin¬ payable to Deposit E. will Boston 000 temporary loan water $70,000 bonds offered awarded to Stein & Boyce, at a price of 98.14, interest cost of about 4.31%, gas May Safe Franklin St., the First National members Other 1, 1956. as system revenue bonds sold to Ranson & Offering—Edgar at the State Treasurer's office. Le¬ Bond Sale—The $132,000 School May Bond a Olathe, Kansas Ky. Irvine, Fac¬ , 27—v. gality approved by Wyatt, Graf¬ ton & Grafton, of Louisville. revenue Housing and Home Finance Earlham College (P. O. Richmond), Ind. Bond Sale—The $600,000 dormi¬ tory revenue bonds offered May of Dec. at the Mercer County Bank, Harrodsburg. Le¬ payable National (CDST) (P. O. Topeka), Kan. revenue Principal and interest (J-J) payable at a place mutually agreed upon between the purchas¬ as Principal and interest (J-D) 1958. erty, will receive scaled bids until 8:30 1 callable delity Bank & Trust Co., Louis¬ ville. Legality approved by Chap¬ June 1 from 1964 ried students' and men's Jan. are 1963 and June 1, 1963; and $279,000 on (P. O. R. R. 1, Sterling), III. Bond Offering — Roy A. Hess, Secretary of Board of Education, ing bonds. Dated June 1, 1957. Due 1959 to 1977 Bonds due in - and Lee Counties Com¬ p.m. from 1 Dec. inclusive. to 1967 inclusive. 143 on $771,711.32 were sold to a group man & Cutler,* of Chicago. composed of the Commerce Trust Harrodsbvrg, Ky. Co., of Kansas City, Stern Bros. & Bond Offering—Mary G. RenCo., Geo. K. Baum & Co., and Bar¬ fro, City Clerk, will receive ret, Fitch, North & Co., at a price sealed bids until 7 p.m. (CDST) of 100.003, a net interest cost of. on June 4 for the purchase of about 3.22%, as follows: $180,000 industrial building rev¬ $78,721.66 sewer bonds, for $38,- enue bonds. Dated June 1, 1957. 721.66 3y4s, due on June 1 Due semiannually from Dec. 1, from 1958 to 1962 inclusive; 1957 to Dec. 1, 1976 inclusive. $8,000 3s, due on June 1, 1963; Bonds due Dec. 1, 1958 and there¬ and $32,000 314s, due on June after are callable as of June 1, June 5—v. 185, p. 2499. munity Consol. Sch. Dist. No. on Interest William ■— Treasurer, receive sealed bids at the ' " cate headed by 1, 1962. Principal and interest (J-D) payable at the Citizens Fi¬ Hutchinson, Kansas Village has canceled notice of in¬ tention to sell an issue of $229,000 street improvement bonds on on Due Town issue of May 6—- 2147. p. City Bank of New at a price of par. June 6 for the pur¬ chase of $90,000 general obligation hospital bonds. Dated Dec. 1, 1956. Beh D. Irvine), Ky. thereafter ler, of Chicago. Whiteside 28 Downing, Maryland (State of) Sale—The $9,781,000 gen¬ eral public school construction bonds offered May 28—v. 185, p. 2267—were awarded to a syndi¬ inclusive. barger, County Court Clerk, will receive scaled bids until 10 a.m. sewer Offering Bond 1 from Offering—Maggie Wolfin- Bond (CDST) Carlton 1987 to Sudbury, Mass. Bond Bond Sale—The $2,000,000 elec¬ inclusive. Due on Feb. Estill County (P. O. Co. ; Bond 1964 swim¬ $65,000 May the 1963 to Boston. MARYLAND Due 011 Feb. 1 from 135,000 5s. $45,000 135, v. 23, Prin¬ Legality approved by Storey* Thorndike, Palmer & Dodge, of Caldwell, Marshall, Mitchell, of New York the report in our < May Nov. 7, 1957. ton. City, at the bidder's expense. Note—The foregoing supersedes follows: as 1959 of Trimble & on at ' cipal and interest payable at the National Shawmut Bank, of Bos-* Callable inclusive. 1977 to and after July 1, 1967. opinion $150,000 school Due 1957. Legality approved by Foley, Cox & Judell, of New Orleans, and if the bidder so requests, the p. $15,000 4:iis. KANSAS County School District No. 122 (P. O. La Salle), III. Bond Offering—Dorothy Heth- on 4.99%, Sloan. Iowa 3.48%. I. a Salle to Moines. $160,000 185, O. i dated are De¬ jointly, Co., Trust notes The Street Boston Safe and 1.993% discount. J-J. offered May 27 2499—were awarded Magnus & Co., at a price of par, net interest cost of about a lowm Sale—The Bond 1960 on bonds building —v. & (CST) on June 4 for the purchase of $350,000 pub¬ lic improvement bonds. Dated July 1, 1.957. Due on July 1 from Elsmere, Ky. Bond Sale—The ming pool bonds offered May 24 —v. 185, p. 2267—were awarded to Shaw, McDermott & Co., of District, III. Sale—The Bond 1 from Iowa posit 1:30 p.m. until Danville. Legality approved by Wyatt, Grafton & Grafton, of Louisville. — Marcus, to 1962. Principal and interest (J-D) payable at the Farmers $165,000 school building bonds. Legality approved by Chapman & Cutler, of Chicago. follows: as Bluffs), Harold T. Beckman, Secretary of the Board of Directors; will receive sealed and oral bids until 8 p.m. (CST) on June 11 for the purchase of Bond Co., notes awarded to $500,000 were Bank-State Second the Trust bile, Jr., Secretary of Parish Po¬ lice Jury, will receive sealed bids 1, Twp. School District (P. O. Council Legality approved by Trauernicht, of St. terest M-N. offered May 28 Chalmette), La. Bond Offering—August A. No- National Bank, & Co. Dated May 1, revenue 1, from 1958 1 Somerville, Mass. Sale—The Note Interest A-O). Legality ap¬ St. Bernard Parish (P. scaled 1957. Due 1976 in¬ clusive. Bonds due in 1963 and thereafter are callable as of June June on June Dated bonds. Sale—The $160,000 school First of Iowa Corp.; Shaw, McDermott & Co.; Central Republic Co., Chicago, and Neu Midwest building Best, Coolidge & Rugg, of Boston. proved by Chapman & Cutler, of Chicago. p.m. (CDST) on purchase of $200,- school 000 of posed 7:30 June 4 for the building bonds offered May 28 were awarded to a group com¬ III. until bids receive will Clerk, City Elliott Consol. Sch. Dist., Iowa Aledo, Legality approved by Ropes, Gray, inclu¬ sive; (2) from 1975 to 1989 in¬ clusive; (3) from 1990 to 1997 inclusive, and (4) for the entire issue. Danville, Ky. Bond Offering — Jason Wesley, City, Bond Louis¬ . Beach Bank, St. ILLINOIS July 1 from 1958 to 1977 inclusive. Principal and interest payable at the First National Bank of Boston. Due on April 1 from 1960 to 1997 inclusive. Bids will be considered for (1) bonds ville. (P. O. Fenton), Iowa New York City. purchase of $500,000 school project bonds. Dated July 1, 1957. Due on maturing from 1960 to 1974 1962. or at the Gulf Bond Sale—The $450,000 build¬ Petersburg Beach. ing bonds offered May 23—v. 185, Legality approved by Caldwell,, p. 2380—were awarded to Becker Marshall, Trimble & Mitchell, of & Cownie, Inc., of Des Moines. York New sion, 45 Milk Street, Boston, until 11 a.m. (EDST) on June 4 for the April 1, 1957. Principal and interest (J-D) payable at the First State Bank, Pineville. Legality approved by Dated June 1, 1957. Skaggs, Hays & Fahey, of Central Community • revenue Superintendent of Public In¬ struction, will receive sealed bids until 9 a.m. (CST) on June 14 for the purchase of $1,575,000 dormi¬ tory and dining hall revenue bonds. son, Divi¬ Boston, Municipal of Bank Polytechnic Institute (P. O. Baton Rouge), La. Bond Olfering—Shelby M. Jack¬ Dated IOWA cipal and interest (M-S) payable at the Chase Manhattan Bank, L. tier, Town Treasurer, will receive sealed bids c/o the First National Louisiana Due on June 1 from 1958 to 1977 in¬ clusive. Callable as of June 1, 3y4S, at a price of basis of about 3.16%>. thereafter arc of March 1, 1967. Prin¬ building school 000 bonds. as and 1968 in due Haute, 100.44, Martha purchase of $350*- June 4 for the build¬ $50,000 — Brock, County Clerk, will receive sealed bids until 2 p.m. (EST) on Haute), American National Bank of Terre Dated March 1, 1957. Due on March 1 from 1958 to 1987 inclusive. Bonds bonds. Auditorium, and Offering Bond bids ing bonds offered May 28—v. 185, until 8 p.m. (EST) on June 10 for p. 2380 —were awarded to the the purchase of $350,000 City Hall City Clerk, will receive scaled awarded (P. Q. Pineville), Ky. Bell County Milton, Mass. Offering—Clyde L. Whit- Bond Graf¬ LOUISIANA W. to Indiana Marion Ross. school May 28 185, p. 2499—were L. Lyons & Co. —v. 3.07%. " $90,000 offered bonds building mu¬ price of 100.53, a about Vigo County (P. O. Terre Beach, Fla. — $290,000 offered May 27— 185, p. 2267—were awarded to the First National Bank, of Chi¬ v. White, Weld & Co., 4%s, at a price of 98.05, and proved by Wyatt, Grafton & ton, of Louisville. Sale—The Bond bonds nicipal 185, p. 2379 —were awarded to B. J. Van Ingen & Co., jointly, Company, of Marion. Ashland, Ky. ' Muncie, Ind. 27 —v. Inc., A v, Sale—The Bond bonds offered revenue sewer May 3%s. as Fla. $450,000 water Sale—The Bond Co., Legality ap¬ KENTUCKY awarded to Raffensperger, Hughes FLORIDA . Monday, June 3, 1957 Financial Chronicle... (2608) O. East Charlevoix were May 28—v. 185, p. 2500— to the Middlesex awarded County National Bank, at 1.978% discount. County (P. O. Charlevoix), Mich. Note Sale—The $25,800 tax an- ! ticipation notes offered May 28—* v. 185, p. 2500—were awarded to Kenower, MacArthur & Co. Dearborn Township Sch. District (P. O. Dearborn), Mich. } Bond Sale—The $650,000 school j No. 4 Cambridge), Mass. Note Sale — The $700,000 notes offered of Detroit. building v. 185, a group p. bonds offered May 27—J 2381—were awarded to composed of Michigan Corp.; Braun, First of Bosworth j Volume 185 Number 5643 . . . The Commercial and Financial Chronicle (2609) & Co., Inc.; Arthur and & net interest cost of about a .$270,000 4V2s. Due 1958 to successful 1963 inclusive. 100,000 4y4s. Due May 1, 1964 on 1966 to May 1 from on on Bond May 1, 1970. Detroit, Mich. Bond Sale—The $2,005,000 bonds offered May 28—v. 185, p. 2500— : awarded were to a group com¬ posed of Bankers Trust Co., New York City;. First follows: $405,000 general public improve¬ ment bonds: $180,000 5s, due on May 15 from 1958 to 1963 inclusive; $80,000 3y4s, due on May 15, 1964; and $145,000 3j/2S, due on May 15 from 1965 ; to 1967 inclusive. 1,600,000 public utility lighting bonds: $210,000 5s, due on May 15 from 1958 to 1963 in¬ clusive; $130,000 3y4s, due on May 15, 1964; $860,000 3V2s, due on May 15 from 1965 to 1972 inclusive; -3%s, due - and $400,000 May 15 from 1973 on inclusive. y to 1982 Bond cial Sale The — $275,000 special Due provement 120,000 3s. Due Offering — Maxine Van (EST) & Trust Company, chase . Detroit. , „ until 8 p.m. (EST) on June 3 for -he purchase of $50,000 tax an¬ ticipation notes. Dated June 1, Due May 1, on and interest 1958. Prin¬ payable at a trust company designated or the purchaser. Legality Nashville, Mich. Bond Sale — The $27,000 water were awarded to the Security Na¬ tional Bank, of Battle Creek. Ogemaw County (P. O. Branch), Mich. Sale 2381 p. The — offered May Savings Branch, as West $20,000 road 20 — v. 185, Bank to of the West 4s. building bonds offered May 27— v. 1$5, a group p. 2500—were awarded to July 1, 1962. Principal and inter¬ est (J-J) payable at a banking in¬ stitution designated by the suc¬ composed ":of / First of Michigan Corp;; Northern Trust Zo., Chicago; Mercantile Trust Co., St. Louis; Braun, Bosworth & Co., Inc.; Paine, Webber, Jack>on & Curtis; Kenower, MacAr¬ cessful bidder. thur 1957. Due July 1 from 1958 to on 1975 inclusive. Bonds due in 1963 and are thereafter callable as of Legality approved Miller, Canfield, Paddock & Stone, of Detroit. by & Co.; Shannon & Co.; McDonald-Moore & Co.; and Watiing, Lerehen & Co., as follows: $800,000 3s. Due Harper Woods, Mich. cin Bond Offering—Donald E. Bur- City Clerk, will receive sealed p.m. (EST) on June 10 for the purchase of $590,000 bonds, as follows: ney, 1978 inclusive. ■v . inclusive. 1982 and able The as Bonds thereafter of bonds from dated f/jwrfiMflir. Bond Sale 2381—were p. Note Offering June due to until for 8 p.m. Lawrence J. (EST) June on the purchase of $70,000 tax anticipation notes. Dated June 1, 1957. Due on April 1, Gohlke, Offering City — Clerk, Howard will R. receive sealed bids until 8 p.m. (EST) on June 13 for the purchase of $375,000 water revenue July 1, 1957. Due bonds. on 1 Dated April 1 from highway $95,000 4y4s, due from 1958 to $105,000 and 1 from 1965 3%s, 1966 to spe¬ cial assessment bonds: $90,000 July 1, 1958 and 1959; and $72,000 3V4s, due on July 1, 1960 and 1961. on MINNESOTA on Offering—Oscar B. Village bids June 4 Clerk, until for 58,000 8 959 to 1968 will Sjaareceive (CDST) purchase of bonds. Dated p.m. the municipal uly 1, 1957. Due md 1968. bank Jan. 1 from inclusive. Principal on interest (J-J) payable at tny suitable bank designated by he purchaser. t L. re¬ 7:30 p.m. the pur¬ for obliga¬ improvement June 1, 1957. 1959 to Due March on Principal and interest 1, pay¬ — municipal building revenue tificates offered May 27—v. 2500—were awarded to a cer¬ 185, group composed of Juran & Moody, Inc.; Kalman & Co.; and Allison-Wil¬ bids (CDST) chase June on of until 7:30 School Dated June June on on Dated April 1, April 1 from 1959 to and $300,000 thereafter June 1, terest are due 1967. Principal at in¬ Owen Offering—uiem sealed (CDST) chase L. until June on of bids 4 Subject to call on Jan. 1, 1972. Principal and interest payable at suitable bank by Faegre apolis. designated b} Legality approvec & Bond Benson, of Minne¬ p. 2381—were First National Principal interest and urer's by & office. Legality approved Dorsey, Owen, Barker, Scott Barber, of Minneapolis. Hennepin County Independent Sch. District No. 205 (P. O. St. Louis Park), Minn. Offering — Andrew Ho- Bond 185, June on for the 17 (CDST) purchase of I from 1959 to 1978 inclusive. Subject to call after Jan. 1, 1972. Principal and interest payable at suitable bank designated by the purchaser. Legality approved by Faegre & Benson, of Minneapolis. Bond Village sen, sealed bids Clerk, until will 7 from 1959 to Paul¬ receive 1968 inclusive. Offering—R. L. Knutson, Village Clerk, will receive sealed p.m. (CDST) Bonds Jan. 1 from inclusive. Principal on interest payable at any suit¬ able bank designated by the pur¬ and chaser. Dorsey, Barber, Legality approved by Owen, Barker, Scott & of Minneapolis. bonds offered May 28—v. 185, p. 2381—were awarded received were too should not works Municipal Chicago, as cord, at 2.30% The notes 1976 inclusive. im¬ sewerage sold to the was March 1 from 1961 Interest M-S. approved by . to May ' Charles sealed bids June on 5 $500,000 notes. Dec. until for 11 a.m. (DST) purchase ot the revenue Dated June 5, anticipation 1957. Due 5, 1957. NEW JERSEY a.m. (CST) on June purchase of $8,000,000 light works revenue the Dated July 1 July from 1, 1960 1957. to in¬ as of July 1, Principal and interest (J-J) the at Hilda N. J. Dema- Secretary of the Board of Education, will receive sealed bids until 8 (DST) p.m. for the purchase of building June on 17 $167,000 school bonds. Dated Aug. 1, Aug. 1 from 1958 to 1975 inclusive. Principal and in¬ terest (F-A) payable at the Hardyston National Bank, Ham¬ 1956. Due on City. Bond ous Sale—The $263,000 bonds purposes vari¬ offered May 27—v. 185, p. 2268—were awarded to Van Alstyne, Noel & 4.60s, at of a price of 100.14, Co., as a basis about 4.57%. Metuchen Bond Commerce v. - School District, Sale — The N. J. $1,930,000 Trusl 185, 2268—were awarded to p. a group headed by the Fidelity Union Trust Co., and National State Bank, both of Newark, as 4.65s, at a of about Other Due 1987 Callable payable — building bonds offered May 27— Independence, Mo. Offering—James S. Craig will receive sealed clusive. Offering rest, & 1 Clerk, electric 24, Dec. 18, 1957. Portsmouth, N. H. Offering — Teresa Demarais, City -Treasurer, will receive Le¬ bids until 11 1972. dated on Metuchen, N. J. Trauernieht, of St. Louis. bonds. $50,000 discount. are 1957 and mature $110,000 Corporation, ol 5s. Dated April 1, 1957 on price of 100.05, a basis 4.64%. members of the group: B. J. Van Ingen & Co.; Ira Haupt & Co.; Boland, Saffin & Co.; Hornblower & Weeks; J. C. Brad¬ ford & Co.; Roosevelt & Cross; Kansas City. Legality ap proved by Stinson, Mag, Thomson Byrne and Phelps, Inc.; J. B. Han- McEvers Brothers, Inc.; F. Co.; J. R. Ross & Co.; Julius A. Rippel, Inc.; and MacBride, Miller & Co. & Fizzell, of Kansas MONTANA Great Falls, Bond Sale—The W. were fered auer & Van Deventer R. City. erage Incorporated; Concord), N. H. ^ Note Sale—An issue of York Bond Due for ; Merrimack County (P. O. I Mo. and provement bonds Bond price of 100.12, a basis burg. Legality approved by Haw¬ kins, Delafield & Wood, of New .. Bond Sale—An issue of Corporation; National State Bank, Newark, N. J.; Stroud & Company, Incorporated; Robert son Co., the MISSOURI & & for having stated as interest cost group Baird Bids obligation May 29 — 2148—were rejected. P. reported new composed of Salomon Hutzler; Mercantile Trust Company, St. Louis; Lee Higgina Bros. — offered the offers water a about 3.48%. Bond of) Co., Minneapolis, Minn. purposes Sold Fornfelt, on 3%s, at of bonds general exceed 3%. 18 Due Not p. was that July 1, 1957. 1968 3s. spokesman for the Bond Commis¬ sion on ? Note obligation bonds 185, City to Franklin, N. H. Sale—The $136,000 con¬ struction bonds offered May 28— v. 185, p. 2501—-were awarded to the First National Bank of Hamburg School District, $10,000,000 June 10 for the purchase of $90,000 improvement bonds. Dated 1959 general school the , serially from 1958 to 1978 in¬ gality La Crescent, Minn. Bond 8:30 as p.m. Principal and interest payable at any suitable bank designated by the purchaser. Legality approved by Dorsey, Owen, Barker, Scott & Barber, of Minneapolis. until Wykoff, Mississippi (State (CDST) on June 13 for the purchase of $30,000 general obligation bonds. Dated May 1, 1957. Due on Feb. 1 Sale—The $iz,000 Village offered May 27 — v low, and expressing the view tha. Isle, Minn. Offering — Lloyd Bank, Boston, at 2.15% discount. V clusive. v. May 27 awarded Shawmut notes was sold to the Concord National Bank, Con¬ Forest, Miss. Offering — E. L. Johnson City Clerk, will receive bids un til 7 p.m. (CST) on June 4 for lh' purchase of $125,000 water 'anc school building bonds. July 1, 1957. Due on July 2501—were p. National tem¬ Bond of Bond $1,020,000 Dated Bank, MISSISSIPPI Due p.m. 185, ^ - $250,000 temporary loan First State Bank of sewer 8 Sale—The the of 2501—were awarded to the p. bart, District Clerk, will receive until to bonds sealed bids —v. awarded Wykoff, Minn. Bond Hall Note porary loan notes offered as — 185, the HAMPSHIRE Concord, N. H. Boston, Sale The $60,000 stree* betterment bonds offered May 23 —v. NEW p.m pur¬ $660,000 hospital bonds the purchaser. callable are 15, 1962. Principal and (J-D) payable at the re Dated April 1, 1957. Due on Jar. 1 from 1960 to 1981 inclusive any thereafter County Treasurer's office. Legal¬ ity approved by Wells, ; Martin, Lane, Baird & Pedersen, of Omaha. Mc¬ 2 the for and of June interest of Min¬ of Dated July 1, 1957. July 1 from 1959 to 1962 on 1963 as .■!-7v •' Carthy, County Auditor, will ceive from sealed bids until 3 p.m. (MST) on June 3 for the purchase of $190,000 court house and jail bonds. Dated June 15,1957. Due on June 15 from 1958 to 1977 inclusive. Bonds clue in on Rice County Hospital District No. 1 (P. O. Feribault), Minn. Bond 1 1977 inclusive. County Clerk, will receive in¬ trust company desig¬ nated by the purchaser. Legality ;y V July 1, 1970 July on NEBRASKA suitable by Dorsey, Barker, Scott & Barber, neapolis. ' on Grant County (P. O. Hyannis), ; Nebraska Bond Offering — W. H. Curtis, or approved July 1 from on inclusive. 1971. 1972 to anc and any 1969 330,000 4s. Due Due 1985 1976 subject to call payable bank to in ■ July 1 from June on Coleraine. certificates and 105 1, 1957. 1960 Bonds to (J-J) payable at the City Treas¬ to bonds. from 1 Co.; follows: as on .110,000 3.90s. Due Counties 40 4.07%, 165,000 3%s. Due $475,000 school building general obligation indebtedness. Due Bond Offering—James E. Fryar, Recording Secretary, will receive ealed bids until 10 a.m. (CST) on Tune 20 for the purchase of $350,■00 non tax-exempt dormitory Due Nos. bids until 8 p.m. (CDST) 5 for the purchase of bonds. & 1966 inclusive. 1967 to Washington Districts pur¬ 10 for the 1958 to (P. O. North St. Paul), Minn. Bond Offering — L. E. Boyle, District Clerk, will receive sealed p.m. Bond Sale—The $3,500,000 vari¬ evenue Ramsey and Smithers $495,000 4V2s. Due May 28 2500—has been post¬ p. Taconite, Minn. Duluth, Minn. ! i; Certificate Offering—- Bert H. Parson, City Clerk, will receive of about indefinitely. liams Co. ous 1956. of¬ fering of $150,000 street improve¬ 185, S. price of 100.011, a net interest a cost ment bonds scheduled for poned F. of Co., at Pipestone, Minn. Offering Postponed — The any Circle Pines, Minn. Certificate Sale The $84,000 posed 57 J. C. Bradford & Co.; Julien Col¬ lins & Co.; Rand & Co.; Harold E. Wood & Co.; and Grande & 2.87%. 1972 in¬ suitable banking in¬ stitution designated by the pur¬ chaser. Legality approved by Dorsey, Owen, Barker, "Scott & Barber, of Minneapolis. bids Belview, Minn. .ealed about —v. of interest general Callable able at Michi¬ of vehicle June 3%s, due clusive. Bethel College and Seminary (P. O. St. Paul), Minn. 1958. Lapeer, Mich. Bond First 162,000 public improvement Bond Brandeberry, Secretary of Board Education, will receive sealed bids 1 inclusive. Ken¬ of 6 on 1972 fffrr Fi — June on The awarded motor inclusive; Valley Sch. District No. 4 O. 640 Hickory Street, Milford), Mich. (P. to fund bonds: stad, Huron Nov. $362,000 bonds May 27—v. 185, p. 2500— awarded $200,000 call- MacArthur & Co. ower, on 1962 inclusive. Corp., and Braun, Bosworth Co., jointly, as follows: & $95,000 auto¬ mobile parking system revenue bonds offered May 27 — v. 185, — Due to Sale—The offered were due in are 1, 1957. Principal and interest (M-N) payable at the City Bank, Detroit. Legality approved by Berry, Stev¬ ens & Moorman, of Detroit. . 3'/2s. 1960 Royal Oak, Mich. Bond May 1, 1967. are 1, 1958 gan 500,000 municipal building bonds, Due on May 1 from 1960 to .1987 Nov. on 1959 1,900,000 bids until 8 $90,000 public works garage bonds. Due on May 1 from 1960 to d Dated inclusive. Pontiac School District, Mich. Bond Sale — The $2,700,000 11 $415,000 permanent sealed awarded were — State and until March 1 from p. supply system revenue bonds of¬ fered May 23 — v. 185, p. 2267 — bids June on of bonds. on ap¬ by Miller, Canfield, Pad¬ Stone, of Detroit, i Note purchase suitable any sealed tion Note Offering—Robert H. Shafer, Secretary of Board of Edu¬ cation, will receive sealed bids & (CDST) p.m. Principal at (CDST) . North ville School District, Mich. Jank the . of cipal 5 for Chisholm, Minn. * j ; Bond Offering—Edward Kochevar, City Clerk, will ceive June 5 for on the purchase of $85,000 school site and building bonds. Dated May 1, 1968. Legality approved by Miller, Canfield; Paddock & Stone, Sickle, Secretary of the Board of Education, will receive sealed bids until 8 p.m. Bank Detroit. notes Bond oh May Detroit oy until 13 designated by the purchaser. Le¬ gality approved by Dorsey, Owen, Barker, Scott & Barber, of Min¬ neapolis. im¬ 1,'. 1957. Principal and interest (M-N) payable at the Aug. 1,1960. Aug. 1, 1961. Elbridge 7"top. Consolidated School District (P. O. Hart), Mich. 1, to Due & Co.; and Wood, Gundy & Co., Inc., as 2.90s, at a price of 100.04,- a basis of clusive. Dated on on obligation Clerk, will receive from 1960 to 1987 inclusive. Bonds due in 1978 and thereafter will be subject to redemption on Feb. clusive. 1957. bids payable bonds. Sch. Dempsey-Tegeler Cloquet), $560,000 school building bonds. Dated May 1, 1957. Due on Feb. 1 May 1 from 1958-to 1963 in¬ 1959. 120,000 3y4s. Due 1958 (P. O. Offering—Irving C. Nel¬ June on receive 1 from general spe¬ paving bonds of¬ fered May 27—v. 185, p. 2500— were a\Varded to Braun, Bosworth & Co., and Watling, Lerehen & Co., jointly, as follows: $225,000 3y2s. Due on Aug. 1, 1958 G. assessment bonds. May on 125,000 proved $465,000 will , Independent 7 District sealed William 1962 inclusive. assessment and Bond Mich. — Le¬ Minnesota sealed bids until 8 p.m. (EST) on June 3 for the purchase of $400,000 bonds, as follows: dock East Detroit, Mich. Park, Offering City Clerk, Suzore, Boston Corp.; & Co.; Illinois Braun, Bosworth Co., Chicago; Folger, Nolan, Fleming-W. B. Hibbs & Co.; and Rand & Co., at a price of 100.08, a net interest cost of about 3.67%, as * Lincoln 1969 inclusive. 60,000 3 y2s. Due County District No. son, Due Minneapolis. Carlton by the Legality ap¬ bidder. Interest A-O. gality approved by Faegre & Ben¬ son, of proved by Berry, Stevens & Moor¬ man, of Detroit. 1965. and 220,000 4s. 1996 inclusive. ing institution designated May 1 from on Bonds due are callable a|s of April 1, 1967. Principal and interest (A-O) payable at a bank¬ 4.05%, follows: as . 1958 to 1978 inclusive. in 1968 and thereafter Kenower, MacCo., at a price of par, system May revenue 27—v. awarded Mont. $1,100,000 to 185, a Mount Olive Township sew¬ bonds p. group Co.; John J. Ryan & Co.; Cole & of¬ 2268— com¬ Sch. District (P. O. Hackettstown), N.J. Offering — Chester Ste¬ Bond phens, Secretary of the Board of Education, will receive sealed bids » The Commercial and Financial Chronicle 58 purchase of $222,000 building bonds. Dated Oct. 1, 1956. Due on Oct. 1 from 1957 to 1976 inclusive. Principal and interest (A-O) pay¬ able at the Citizens National Bank, the and interest N. J. District Ballston, Clifton Park, Charlton and Glenville Central Sch. Dist. dle, Secretary of the Board of Education, will receive sealed bids until 8 p.m. (DST) on June 13 for purchase of $260,000 building 1, 1956. Due on Oct. 1 from 1957 to 1976 inclu¬ the sive. Principal and interest (A-O) payable at the Long Branch Bank¬ ing Co., Long Branch. Legality approved by Hawkins, Delafield & Wood, of New York City. terest Palisades Park, TV. J. bonds 2381 were May 28—v. 185, p. awarded to the Na¬ tional Bank of Palisades Park, as Bronxville, of par. 3.45s, at a price Sale—The Bond and Mer- Pennsauken■ (TownshipJ eral 28 185, 4V2s, at a basis of about Due 5 1959 2. 1974 3 1989 4. All Deer Park Fire* District Deer Bond in Legality maturities through All in years 1988. in maturities the & (P. O. through 1996. the payable (M-N) at Babylon, Deer Park. $16,567,000 Dated 1,120,000 City. : Authority, Albany, TV. Y. Ehrhardt, City Comptroller, J. will receive sealed bids until 12:30 p.m. (EDST) on June for the 5 pur- * chase of $1,602,000 bonds, as fol- lows: 1958 to • 345,000 June 1962 inclusive. school 1 clusive. from bonds. , Due" on 1958 to 1962 in¬ CXXXVI July 1, 1957. on been 000 . 185, p. awarded Buffalo, at 2.09% interest. $1,195,000 from 19 1 June on due on Other $1,380,000 314s, to from 1 J. Securities & of Devine Spencer 1:30 until bids June 3 for the • . • . . -y ,.A ■ J j ' Dated to bonds. bridge and Due on Aug. 1 Aug. 1, 1957. 1959 (CST) .on p.m. purchase of $427,000 road county from — : 1972 inclusive. OREGON Larry C. Ma- Clerk, will receive (EST) on Coos Bay, purchase of $33,- bonds. improvement Oregon im- ; provement bonds offered May 27 —v. 185, p. 2269—were awarded to the United States National Bank j Sale—The Bond • due 1974' 1975 to the syndi-J & Co.; First Corporation, Durham; Webster Securities Cor¬ poration; Byrne and Phelps In-* corporated; Hay den, Stone & Co.; Francis I. du Pont & Co.; Bache & Co.; Wm. E. Pollock & Trask & Co.; Local School Hill District Portland, $14,014.59 3%s, as at price j a _ Bond Offering—Leonard Town-1 Clerk of Board of Educa¬ tion, will receive sealed bids until noon (EST) on June 12 for the purchase of $637,000 school build-1 ing bonds. Dated June 1, 1957. Due on Dec. 1 from 1958 to 1979 (J-D) Principal payable and- interest Inc.; Raffensperger, Hughes & Co. Incorporated; Shelby CulJ . Davis & & Co.; Trust Co., City National Kansas City, NORTH $35,000 munici¬ ceived p. Cass County Special No. 58 Sch. District (P. O. Argusville), TV. Dak. Bond Offering—Norman Twp. Local School District (P. O. Morristown), Ohio Bonds Not Sold—All bids for the $1,127,000 Veitch, re¬ build¬ ing bonds offered May 20—v. DAKOTA 24CJ Bond McDonald & Co. Union 185, the report 27—v. in our 185, p. 2502. school supersedes issue of of May by Winfree,) & Sayre, of ... . (P. Oregon O: Salem), Sale — $1,500,000 The building bonds offered May 2270—were awarded! composed of Halsey, Stuart & Co. Inc.; Goldman, Sachs 28—v. to a & 185, p. group Co.; William Blair & Co. i Co.; Foster & Marshall j Franz, Hutchinson & Co., a' Weeden & and a price of 100.03, a 3.78%, cost of about $600,000 2150—were rejected. Note—The foregoing receive (PST)j County School District TVo« Marion pal building bonds offered May 24 —v. 185, p. 2269—were awarded Mo.; The National City Bank of Cleveland; Hayden, Miller & Co., and Anderson & Strudwick. Portland.. _ to p.m. purchase the Legality approved McCulloch, Shuler Sheffieldf- Ohio ' Co., for 5 improvement bonds.: Dated June 1, 1957. Due on June li from 1958 to 1967 inclusive. Sub-) jecUto call on Dec. 1, 1932. Prin-j cipal and interest (J-DT payable at the City Treasurer's- office.) the First Na¬ at tional Bank, of lronton. Bond Sale—The bids until 8:15 June $51,214.89 send, inclusive. will Auditor, City sealed on (P. O. 411 Center Street, lronton), Ohio — May 28— v. 185, p. 2502—were awarded to a group composed of Kidder, Peabodv & Co.; C. J. Devine & Co.; R. W. Pressprich & Co.; Blair & Inc.; Rock on $925,006 2%s,| and June due building bonds offered Co., Offering general 1966 in¬ 1967 from 1 member? C. cate? 6s, 1958 to inclusive. 1981 Bank Union • County Clerk, will receive sealed sen, June lorn Free Sch. Dist. (P. O. Plainview), TV. Y. Sale The $3,375,000 Oyster Bay and J-D. clusive. as Co. of West¬ of ' . 3,500,000 sewaee disposal system 30, $1,151,505 bond 2382—were York, highway ■ . . Stone New v Washington County (P. O. Bartlesville), Okla. Bond Offering — O. E. Crews, - inclusive; Dec. aprpoved to the Marine Trust City. - — clusive; Niagara Falls, TV. Y. Sale—The building bonds offered May 22— 185, p. 1687—were awarded to Calvert & Canfield, of Oklahoma v. Winston-Salem, TV. C. 1 from 100.33, a basis of about 3.65%. i Sale The $3,928,000 Principal and interest (M-S) pay-1 bonds offered May 28—v. 185, p. Forest Grove, Oregon , able at the Metamora State Bank, 2382—were awarded to a syndi-; Bond Offering—G. E. Richards, Metamora. Legality approved by cate headed by Lehman Bros.,' Squire, Sanders &; Dempsey, of City Recorder, will receive sealed and Kuhn, Loeb & Co., at a pr.ce bids until 8 p.m. (PST) on June Cleveland. of. 100.07, a net interest cost of10 for the purchase of 18,931.81 about 3.31%, as follows: Rawson, Ohio ;• improvement bonds. Dated June Bond Oiienng — neien Benneiv $428,000 land purchase bonds: 15, 1957.. Due on June 15 from Village Clerk, will receive sealed5 $143,000 6s, due on June 1 1958 to 1967 inclusive. Legality bids until 8 p.m. (EST) on June from 1960 to 1966 inclusive; approved by Winfree, McCulloch, 10 for the purchase of $10,000 wa¬ $165,000 3V4S, due on June 1 Shuler & Sayre, of Portland. ter works revenue bonds. Datev? from 1967 to< 1974 inclusive; '/'"•* ■ '■ . ;-"j June 1, 1957. Due on June 1 from; Grants Pass, Oregon > and' $120,000" 2%s, due- on! J 959 to 1968 inclusive. Interest Bond Offering—Earl T. SimonJune 1 from 1975 to 1981 in¬ notes. mature ' (P. O. Toledo), 14 for the June p.m. Sequoyah County Indep. Sch. Dist. No. 4 (P. O. Gans), Okla. ' Bond Sale—The $30,000 site and bids until noon sealed 7:30 3.22%. Village lone, until bids receive (CST) on June 4 for the purchase of $316,000 building and site bonds. 1, 1957. Due on Sept., of 1958 to 1982 inclusive. of Bond notes. have and Bond $857,000 public improvement bond?. Due on June 1 from • Issue CXXXV June 25, 1957. notes Offering—Eldon Hutchin¬ Clerk of Board of Education, son, Metamora, Ohio of price about Bond CAROLINA bonds: Hanrahan, McGovern & Lane, of New York City. No. of (P. O. Okmulgee), Okla. Bond Braun, of the to C<run#y Indep. Sch. Dist. No. .1 Dated July legality by Sullivan, Donovan; ern a 2502 — were awarded Small-Milburn Co. V ' •• anticipation notes offered May 28 Lawrence . ' Issue Dated to at 3.80s, as NORTH follows: as Note — - $110,000 build¬ p. Bosworth & Co., Inc.; Stranahan, Harris & Co.; and Ryan, Sutherland & Co., as 3 Vis, at a price of 100.13, a basis composed Jackson & Curtis; Wood, & Co., and R. D. White Co., purchase of $17,687,000 notes, —v. Offering Oklahoma bonds totaling $49,010 offered May 27—v. 185, p. 2269—were awarded to a group 100.35, a basis of about 3.76%. New York years The entire issue. Bond price of 100.02. a 22—v. May Ohio Sale—The Bond Struthers Y. Park), TV. York City Housing New The years the . ditch improvement Treasurer, New York the through 1973. All kt! County lndep. School District, Nb. Z (P. Oi Grove), - 185, v. basis of aboui a offered bonds . Central School District 1 ber, the Le¬ gality approved by Vanderwater,1 Sykes, Heckler & Galloway, of« 1957 the 185, v. — "Detdwafe 2333—were awaraed to a group composed of Braun, Bos¬ worth & Co., Provident Savings Bank & Trust Co., of Cincinnati, and Roose & Co., as 4Vis, at a price of 100.84 a basis of about 4.16%. (P. O. Windsor), N. Y. Bond Sale—The $970,000 build¬ No. Offering-— Ernest Thiel, District < maturities $60,000 road 28 were ~ City, jointly, 185, p. Lucas County Kirkland Co., Buffalo. Legality approved by Reed, Hoyt, Taylor & Washburn, of New York City. City. 1. May Liberty National Bank, Oklahoma Huron, Ohio Sale—The $500,000 water Bond falo; Roosevelt & Cross; Blair & Co.; Manufacturers & Traders Trust Co., Buffalo; Paine, Web¬ 1956. 19961 on The — offered awarded tor the First National Bank, Clinton, and will and (M-N) payable at the Manufacturers & Traders Trust by Vandewater, Sykes,? Heckler & Galloway, of New York considered interest Sanford Colesville, Windsor, — . works City. and interest approved be and Principal May 27 100.06, of 4.23%. gality approved by Reed, Hoyl, Taylor & Washburn, of New York - (EDST) on June 6 for Note Offering—Philip J. Cruise,the purchase of $1,000,000 non-taxChairman, will receive sealed bids5 exempt Dormitory and Student1 until 1 p.m. (DST) on June 4 for will price (F-A) payable at the Chautauqua National Bank, of Jamestown. Le¬ 3 p.m. Bids Sale 2502 p. 2269—were awarded to William J. Mericka & Co., as 4V4S, at a ing bonds offered May 28—v. 185, Chairman of Board of Trus¬ tees, will receive sealed bids un-' following basis: ^ ; Arapahoe) ing bonds offered May 28—v." 185, - improvement street offered bonds p. 2382—were awarded to a group composed of the Marine Trust Co. of Western New York, of Buf¬ on Bank of A-O. bonds Q. Oklahoma . Bond p. 1977 building bonds. Dated May 1, 1957. Due on May 1 from 1958 to 1971 inclusive. Principal man, Interest Aug. 1 from 1958 to on June 4 for the purchase Adelphi College (P. O. Garden City), TV. Y., Bond Offering—Alger B. Chap¬ inclusive. receive will Treasurer, inclusive. $65,000 interest 1959 to County (P. Bond Sale—The Sale—The $96,000 special assessment by (EDST) on June 4 for the purchase of $40,000 water bonds. Dated May 1, 1957. Le¬ Buffalo. of •••' (DST) of YORK from De Haven & Heights, Ohio Garfield Bond Offering—W. B.> Bradley, Village will receive cipal and interest (J-J) payable, sealed bids until 2 p.m. (DST) on June 11 for the purchase of $195,at the Camden Trust Company, Camden. Legality approved by 000 fire house bonds.- Dated May Hawkins, Delafield & Wood, of 1, 1957. Due on May 1 from 1958 to 1976 inclusive. Principal and New York City. Dated Oct. 1, bonds are dated July 1, Principal and interest (J-D)' Custer about 3.20%. of sealed bids until 3 p.m. Stortz, District Treasurer, will re¬ ceive sealed bids until 3* p.m. (EDST) on June 11 for the purchase of $95,000 school bonds. Dated July 1, 1956. Due on July 1 from 1958 to 1976 inclusive. Prin¬ 1 Co.; & Ingen Van J. B. Shelby Cullom Davis & Co., as 3V4S, at a price of 100.38, a basis Sinclairuille, TV. Y. Bond (P. O. 2431 Genesee St., Buffalo), TV. Y, Bond Offering — H. Herbert p.m. Oct. group Co.; 15, Legality approved City. p.m. Cheektowaga Fire District No. Secretary of Board of Education, will receive sealed bids until 8 on 1 Cleveland. Townsend, Crouter & Bodine; and Reed, Hoyt, Taylor &? Washburn, New York City. on City. Wood-Lynne School District, TV. J. Bond Offering—John R. Reoger, Due Dec. payable at the National City Bank of Cleveland. Legality approved by Squire, Sanders & Dempsey, of 185, p. 2150—were awarded W. H. Morton & Co.; of will gality approved by Reed, Hoyt, Taylor & Washburn, of New York bonds Union bonds. & at York Herbert Treasurer, bids until 3 Company, Trust offered May 28 —v. 185, p. 2382—were awarded to a group composed of Boland, Saffin & Co.; B. J. Van Ingen & Co., Inc.; J. B. Hanauer & Co.; Byrne and Phelps, Inc.; John J. Ryan & Co.; and J. R. Ross & Co., as 4.80s, at a price of 100.03, a basis of about 4.79%. til June dated are a Principal and interest pay¬ The Hanover Bank, New 1957. able cipal and interest (M-N) payable at the Manufacturers and Traders Shrewsbury Twp. Sch. Dist. (P. O, Shrewsbury), TV. J. Bond Sale—The $480,000 school NEW notes The June 4 for the pur¬ chase of $65,000 building bonds. Dated May 1, 1957. Due on May 1 from 1958 to 1971 inclusive. Prin¬ (EDST) 4.49%. building sealed receive Phelps, Inc., jointly, as a District Stortz, 2268—were awarded to Boland, & Co., and Byrne and 100.03, 15, 16,500 notes. Due Sept. 15, 1957. N'. Y. O. Cheektowaga), Bond Offering — H. basis of about14.10%. of offered (P. Saffin price gen¬ inclusive.: The 1957. May bonds offered purposes composed of Kuhn, Loeb & Co.; Drexel & Co.; Braun, Bosworth & Co.; L. F. Rothschild to 200,000 notes. Due Feb. 15, 1958. 85,000 notes. Due Feb. 15, 1958. 300,000 notes. Due Feb. 15, 1958. Fire District No. 5 Cheektowaga Ramsey School District, TV. J. Bond Sale—The $630,000 build¬ p. ous 1958. Bank, Yonkers, as 3s, at par. 2381—were awarded to a group composed of J. B. Hanauer & Co., John J. Ryan & Co., and J. R. Ross & Co., as 4V8s, at a price of ing bonds offered May 28—v. March Due supersedes report in our issue of May 20 185, p. 2382: 29—v. follows: notes. 1967 to OKLAHOMA 151,500 bond anticipation notes, as $550,000 2269 — were awarded to Bosworth & Co., Inc., as a price of 100.38, a basis Dayton, Ohio $2,oo0,000 vari¬ $1,- purchase of on ' p. a to the for 7 June improve- Due • Bond Sale—The ton, City Comptroller, will receive sealed bids until 3 p.m. (DST) on 185, p. 2382 — were the First National —v. awarded TV. Y, $170,000 bonds improvement May (Borough) (P. O, Merchantville), TV. J. Bond "Sale—The $400,000 water bonds offered May 27—v. 185, chantville 100.25, —v. Bank, New York City. Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. offered — the Rochester, TV. Y. Note Offering—Emmett V. Nor¬ payable at the Ball¬ (J-D) street Note—The foregoing Wood, of New York & 1958 $317,850- v:, main bonds. from of about 3.42%. City. Spa, or at the Hanover $69,000 general Bond Sale—The Delafield p. JVzS, at Hawkins, by approved Legality Spa National Bank, Ballston ston 185, Braun, (M-N) payable at the First National Bank of Southampton. District Clerk, water June' on of $90,880.65 spec- ; 31,150 * sidewalk improvement improve¬ bonds. Due on Dec. 1 from bonds offered May 23 — v. 1958 to 1962 inclusive. ment terest will receive sealed bids until 11 a.m. (DST) on June 6 lor the purchase of $1,753,000 building bonds. Dated June 1, 1957. Due on June 1 from 1958 to 1987 inclusive. Principal and in¬ bonds. Dated Oct. (DST) p.m. purchase follows: as ment Chillicothe, Ohio assessment cial from 1958 to Principal and in¬ inclusive. 1977 1 (P. O. 28 Jay St., Schenectady), TV. Y. Bond Offering—Ruth W. Finkle, No. ■ Bond Sale—The purchase of $118,500 Dated May 1, Due on May 1 1957. 8 the bonds, . V until for $286,700 OHIO "bonds. house fire inclusive. 1977 Quogue, TV. Y. — Mrs. Rita B. June 6 for the bids 20 ing bonds. Due serially from 1959 Strnad, Village Clerk, will receive sealed bids until 3 p.m. (EDST) on ity Offering—Evelyn H. Rid¬ Bond p.m. (CST) on June 3 for the purchase of $75,000 school build¬ as basis Offer»ng Bond approved by Sullivan, Dono¬ van, Hanrahan, McGovern & Lane, of New York City. Hawkins, New York City. Oceanport School of Albany. Legal¬ Trust Company, Co., & Pollock Westlake, Ohio Bond Offering—Ruth a. Horst,: Village Clerk, will receive sealed' bids until and oral 2 to and Bank Commercial National Legality approved by Delafield & Wood, of Netcong. 1957. 1, receive sealed will Clerk of Board of Education, of Burr; 4.20s, at a price of 100.31, a of about 4.17%. Principal (J-D) payable at the June E. Wm. and inclusive. Dated First Coffin Corp.; Michigan & Weeks; & Hornblower 400,000 water supply bonds. Due on June 1 from 1958 to 1977 June 10 for until 8 p.m. (DST) on ' Monday, June 3, 1957 ... (2610) net interesi follows:* as 4s. Due on June 1 1958 to fronr; 1965 inclusive. 900,000 3%s. Due on June 1 fioir 1966 to 1977 inclusive. Volume 185 Number 5643 . The Commercial and Financial Chronicle . . (2611) Medford, Oregon Bond Sale—Tne $93,599.50 im¬ provement bonds offered May 23 p. 2150—were awarded 185, sealed bids until 8 p.m. (DST) on 11 for the purchase of $6,- 390,000 school Dated June 1, 1957. Due on Dec. 1 from 1958 to 1991 inclusive. Bonds apolis, due Company, of Minne¬ 33As, at a price of 100.03, as Portland), Oregon Offering—Si Cohn, County will receive sealed bids Bond until 11 (PST) on June 18 purchase of $1,500,000 Hawthorne Street Bridge bonds. for a.m. the Dated July 15, 1957. Due on July 1 from 1958 to 1972 inclusive. Principal and interest (J-J) able the at pay¬ County Treasurer's office. Legality approved by Winfree, McCulloch, Shuler & Sayre, Portland. of Multnomah County, Lynch School District No. 28 (P. O. Portland), Oregon Bond Sale—lbc <pi65,000 school building bonds offered May 23— 185, v. and Principal County (P. O. West Chester), Pa. Bond Sale—The $3,350,000 gen¬ eral obligation im pro vement bonds offered May 28—v. 185, . 2383—were awarded to p. composed of 945,000 2%s. Due to 1973 Dated June 20, 1957. June 20 and Dec. 20 from to 1967 inclusive. Principal tmeriug—z.en* Bowers, City Recorder, will receive sealed bids until 2 p.m. (PST) on June 26 for the purchase of $900,000 bonds. Dated July 1, 1957. July 1 from 1958 to 1975 on iriclusive. Callable of July 1, 1971. Principal and interest (J-J) payable at the City Treasurer's office. Legality approved by Winfree, McCulloch; Shuler & Sayre, as on July 1 from Dated June June 15 from clusive. 15, 1957. Due 1958 to 1968 in¬ Principal and interest at the First National payable fered were May 21—v. 185, p. 2151— awarded to the Jenkintown Bank town, & for the building 1957. (PST) p.m. purchase bonds. Due Dated Jan. on June $150,000 July 1, on of from 1 1958 National Legality Bank, of Palmer Dodge, to a group of about 4.18%. SOUTH as ceive Offering—Lola M. bids until bonds. Due 8 Jvine 1, est Dated June on inclusive. 1977 1 p.m. June from 1, 1960 Callable of as 1967. Principal and inter¬ (J-D) payable at banking a I Authority (P. O. Moon Run), Pa, Bond Sale—An issue of $2,500,000 school building revenue bonds Montour ; ' Joint . School 3%s. from First National Benson, of Minne¬ County (P. O. Maryville), y£f|figSSGC ■ awarded were — inclusive. >.1965 and of as Bonds thereafter July interest in due callable are 1964. Principal and 1, (J-J) payable at the County Treasurer's office. Legal¬ ity approved by Winfree, McCul¬ loch, Shuler & Sayre, of Portland. PENNSYLVANIA Annville-Cleona Joint School Authority (P. O. Annville), I' Pennsylvania Sale Bond A — group com¬ posed of Stroud & Co.; Ira Haupt & Co.; Butcher & Sherrerd; Newbifrger & Co.; Moore, Leonard & Lynch; Singer, Deane & Scribner; Rambo, Close & Kerner, Inc.; A. E.tMasten & Co.; Grant & Co.; Schmidt, Poole, Roberts & Parke, and Warren W. York & Co., purchased an issue of $1,985,000 school revenue bonds, as follows: ' $350,000 3%s. ... 1958 to 175,000 Due 4s. 1968 210,000 Due to 1968 4.10s. from 1972 to Due on to the First American National Bank of Goose Creek Consol. Due on Bond 40,000 3Vss. Due on 40,000 3y2s. Due on June 1, 1962. June 1, 1963. Offering and Revenue J. H. sealed that announces bids will be received until 10 Te,xasJ Bond Offering be bonds. at or the July 1 office the of The' bonds are 1957 and those 1967 are dated July 1, 1962 15 clusive. (J-J) a.m. Principal payable to successful on June 1, 1969. June 1, 1970. 90,000 4y4s. Due on June,l, 1971 .interest (J-J) due from Principal payable at and 90,000 4.30s. Due Cheltenham Township Sch. Dist. Authority (P. O. Elkins Park), $100,000 Bond Offering—Harold S. Ash- Chairman, will receive on June 1, 1975 115,000 4.45s. 1979 and Due on June Due Offering June 1, on June 1, 1981 1982. 1,450,000 4%s. Due on June June 1, 1957. Principal interest (J-D) payable at the Commonwealth issue of fol¬ as May 1, 1958 on Due 1960 to The May 1 from on 1967 inclusive. bonds State Bank, Llano. approved by Gibson, Spence & Gibson, of Austin. Muteshoe, Texas Bond ous Sale—The Trust Company, Pittsburgh. Legality approved by Burgwin, Ruffin, Perry & Pohl, of Pittsburgh. $195,000 vari¬ bonds offered May 27—v. 185, p. 2504—were awarded to the First of Texas Corp, purposes Nederland, Texas Bond Offering—William City Secretary, will Weeks, receive sealed bids until 7 p.m. (CST) on June 3 for the purchase of $65,fire 500 station bonds. Dated June 10, 1957. Due on June 10 from 1960 to 1980 inclusive. Bonds due in 1973 callable thereafter and of June 10, 1972. as cipal and interest the at (J-D) are Prin¬ payable Nederland State Bank, Legality approved by Vinson, Elkins, Weems & Searls, Nederland. of Houston. Arthur Indep. Sch. District, T exas Bond Offering—A. E. Patter¬ Secretary of the Board of x.ujitw, vvAii receive sealed bids until 2 p.m. (CST) on June 6 for the purchase of $2,896,000 school son, Dated June Due 1 June on from 1, 1957. 1958 to 1977 datod are May 1, Principal and interest (J-D) payable at the Chase Man¬ hattan Bank, New York City. Callable as of June 1, 1972. - 1957. Principal and interest (M-N)' payable at the State Treasurer's office, i -->— <-» Randall County (P. O. Canyon), ^Texas Sale—An Bond Interest . J-D. Legality Crowe, of Dallas. Sale—An refunding bonds bids issue issue of $44,000 sold to R. A. was 7:30 (CST) pJm. on purchase of $150,000 system revenue bonds. electric $5,000 & 21/4s. Company, Due fol¬ as April on Due on 2V4s. 10,000 Due April 15, 1967. on April 15, 1968. TEXAS 2V2s. Due April on 15, Dated April 15, 1957. Princi¬ pal and interest (A-O) payable at until the (CST) purchase ' of June on 5 $2,000,000 Dated July 1, 1957. Due on July 1 from 1958 to 1982 inclusive. Principal and in¬ terest (J-J) payable at the Capi¬ tal National Bank, of Austin, or at the Chase Manhattan York City. Legality ap¬ proved by Gibson, Spence & Gib¬ son, of Austin. Corsicana Indep. School District, Bond Offering McCall, Robert Ash- (CST) on June 3 for the purchase of $1,175,000 school house, unlimited tax bonds. Dated Bank, of approved by Crowe, & Kilgore Junior College District (P. O. Longview), Texas Bond Sale—An issue of $200,000 4% Dated bonds revenue Dallas to Rupe & May 1, 1957. from 1958 to was sold Sons, Inc. Due on Nov. 1969 inclusive. interest (M-N) Mercantile Na¬ tional Bank, Dallas. Legality ap¬ proved by McCall, Parkhurst & at Sale and the Crowe, of Dallas. 1957. 1, Due on June 1 from 1958 to 1982 inclusive. Bonds in callable 1973 as cipal and at the MrCall, Dallas. interest State Corsicana. and thereafter of June (J-D) National Legality Parkhurst are Prin¬ payable 1, 1972. Bank of approved by & Crowe, of Lajredo, Texas Bond Offering—James Haynes, City Secretary, will receive sealed bids until 11 a.m. (CST) on June $350,000 ment 1, 4 for purchase of improve¬ bonds. Due Dated April on 1958 to 1982 inclusive. in 1973 able as and of issue of $2,refunding water bonds sold to Emer¬ was Co. Dated May 1, 1957. May 1 from 1958 to 1965 inclusive. Principal and interest (M-N) payable at the Frost Na¬ & Due on tional San Antonio; Har¬ Savings Bank, Chi¬ the Chemical Corn Bank, Trust cago; & at or Exchange Bank, New York City. Legality approved by McCall, Parkhurst & Crowe, of Dallas. Temple, Texas Bond Offering — W. E. Routh, City Manager, will receive sealed bids until 4:30 p.m. (CST) on June 11 for the purchase of $2,- 300,000 June works water system revenue 15, 1957. and sewer Dated bonds. Due on June from 1958 to 1987 inclusive. able pal as and First 15, 1972. Princi¬ interest payable at the Bank, Temple, or Temple National Bank, National the at 15 Call¬ of June Temple. Bonds Texas (State of) Not Sold—No bids were submitted to 3% bonds land the for exceed $12,500,000 not interest veterans' offered May 28 — v. 185, p. 2271. works water revenue 1957. the Texas An — 5%% 178,000 revenue of Dallas. Principal bids until 7:30 National Legality Parkhurst payable — will receive sealed American Austin. Bank, of New San Antonio, ris 1972. me, Jr., President of Board of Trustees, will receive sealed bids the Dallas. son 1970. 10,000 Offering—David T. Lam- a.m. Bank, of Legality approved by Dumas, Huguenin & Boothman, of 15, 5,000 4s. Due on April 15, 1969. 10,000 2%s. Due on April 15, Indep. Sch. District, Texas Mercantile National the Dallas. Bond 4,000 4s. ity approved by Chapman & Cut¬ ler, of Chicago. 1 10 from 1966. Dated June 1,1957. Due on June 1 from 1959 to 1963 inclusive. Legal¬ 2%s. Due on April 15 I960 to 1962 inclusive. 90,000 Dated April 15, 1957. Princi¬ pal and interest (A-O) payable at lows: until June 6 for the due and Due " Moore house bonds. Underwood lune 1, 1997. Dated an bonds, • Legality p.m. 1980. 120,000 4y>s. Due the Port purchased building $20,000 3 V2S. Bond City Recorder — worth, Superintendent of Schools, on Legality ap¬ Huguenin & Dumas, Albert Williams will receive sealed 1, 1978. 1966 to 1969 inclusive. Dated April 10, 1957. Principal and interest (A-O) payable at approved by McCall, Parkhurst & Texas and designated by the lows: 1 4.40s. 1977 of Pennsylvania June 1, 1973 interest banking in¬ a bidder. by in¬ Howard County Consol. Sch. Dist. No. 6 (P. O. Gay Hill), Texas Bond Sale—The State Board of Murfreesboro, Tenn. Bond 1976. 105,000 and on and Due 1967 clusive. 1974. 95,COO 4.35s. Due the .Philadelphia National Bank, Phil.adelphia, or at the Lebanon Valley National Bank, Annville. Legality aoproved by Rhoads, Sinon & Reader, of Harrisburg. worth, 1972. at be to Kennedy, Texas on on 15, 1957. 1958 Commis¬ Legality approved by Chapman & Cutler, of Chicago. 40,000 37/ss. Due 40,000 4.15s. Due from Revenue. and schoolhouse bonds. to callable. Finance for and 1, of June 1, 1964. and July sioner June 1, 1965. June 1, 1966. June 1, 1968. bids by the Dated June Jan. 10 ■ County Judge until 10 a.m. (CST) on June 5 for the purchase of $750,000 court house improvement on April on April 10 from on on on June 1, 1967. Sealed — received Due Due of on on bids Gregg County (P. O. Longview), Will 3V2s. from 1958 to 1965 inclusive. 39,000 3s. — sealed Dittmar to follows: as of $140,June 14 for the pur¬ Irving Indep. Sch. District Texas 000 permanent improvement $250,000 parking facility Bond Sale—An issue of $160,000 bonds was sold to the Columbian bonds. Dated April 1, 1957. Due schoolhouse bonds was sold to a Securities Corporation of Texas, on April 1 from 1958 to 1968 in¬ groop headed by the First South¬ and Burt, Hamilton & Co., jointly, clusive. Principal and interest west Company, as 4%s, at a price' as follows: (A-O) payable at the First Ameri¬ of par. Dated June 1, 1957. Due $50,000 2%s. Due on April 15, can National Bank, of Nashville, on June 1 from 1957 to 1986 in¬ 1958 and 1959. (CST) chase 40,000 3%s. Due on Beau¬ George H. Superintendent of 80,000 3%s. 40,000 3%s. Due 40,000 4s. Due of sold was inclusive. Finance Bond June 1, 1961. $11,000 Indep, School Gentry, Schools, will receive Clarksville, Tenn. Bond Offering — Commissioner June 1, 1960. on on and ■ composed ol 35,000 3y4s. Due 1987. ■* group 45,000 4.20s. Due from July 1 from on a $35,000 3s. Due inclusive. Due to bonds Company, District (P. O. Baytown), Texas Nashville. Austin inclusive. 1971 1977 4L2S. 800,000 July 1 on sold 40,000 4.10s. Due , inclusive. 1969 to 450,000 4%s. July 1 from on inclusive. 1965 was Arthurs, Lestrange & Co.; Thomas & Co.; B. J. Van Ingen & Co.; Moore, Leonard & Lynch; Stroud & Co.; Ira Haupt & Co.; Singer, Deane & Scribner; Blair & Co., Inc.; Bache & Co.; A. E. Masten & Co.; Grant & Co.; Penington Colket & to.; Reed, Lear & Co.; Boenning & Co.; Cunningham, Schmertz & Co.; Simpson, Emery & Co., Inc.; Fauset, Steele & Co.; and Hulme, Applegate & Hum¬ phrey, Inc., as follows: Bank, Houston. . to. 1977 1 Legality approved by Vin¬ Elkins, Weems & Searls, ©f son, Education "" Sale—The $105,000 school offered May 28 — v. 185, 2044 p. July on Boothman of Dallas. TENNESSEE & 1973 inclusive. mont. proved bonds 1 July 1, 1957. Principa. (J-J) payable at the by • July County (P. O. Llano), Texas Sale—An issue of $50,000 Bond road and interest stitution Blount on Due 1968 to York Llano on July 1 from inclusive. Due 312,000. 414s. institution designated by the suc¬ cessful bidder. Legality approved Faegre & apolis. 1962 from 1963 to 1967 inclusive. re¬ June 6 for the purchase on sewer 1957. to to 201,000 Was- City Auditor, will sealed Marable 4.46%. 1958 until June 5 for the purchase of $2,000,000 school bonds. DAKOTA $77,000 general obligation water and of p. 2503—were awarded to Arthurs, Lestrange & Co., as 4y2s, at a price of 100.29, a basis of about $167,000 3V2s. Due Edgemont, S. Dak. Bond sold com¬ posed of Kidder, Peabody & Co.; Harriman Ripley & Co., Inc.; G. H. Walker & Co., and Rand & Co., as 4.20s, at a price of 100.13, a basis $680,- was Rowles, Winston & Company, Dated awarded were of New follows: of Warren, R. I. Bond Sale—The $700,000 school building and equipment bonds of¬ fered May 28—y. 185, p. 2383— issue bonds interest (A-O) payable Chase Manhattan Bank, City, or at the Mer¬ cantile National Bank, Dallas. Legality approved by McCall, Parkhurst & Crowe, of Dallas. and at; the as Storey, & Sale—An schoolhouse pal to Boston. Company, Jenkin¬ 2%s, at a price of 100.20, basis of about 2.59%. a Bond 000 Boston. by approved Thorndike, Trust ing bonds offered May 28—v. 185, bids until 8 May 27, 28, 1957. Prin¬ Bond 5 3 First Philadelphia. Jenkintown School District, Pa. Bond Sale—The $60,000 general obligation improvement bonds of¬ Portland. County School District No, (P. O. Union), Oregon Bond Offering — Oreta Baxter, District Clerk, will receive sealed Trust dated are June on • Union . notes Legality approved by Townsend, Elliott & Munson, of Hospital cipal and interest payable at the of Monessen School District, Pa. ■■ Bond Sale—The $275,000 build¬ jpf The 1957. Due (CST) purchase of $108,000 general obligation funding and refunding Bank of Avoca. Oregon City, Oregon water Due the on ity approved by Winfree, McCul¬ loch, Shuler & Sayre, of Portland. Island serburger, Bond Offering—Chester J. Kor- bonds. Due inclusive. pusik, Secretary of the Board of Directors, will receive sealed bids until 8 p.m. (DST) on June 4 for County (J-D) payable at the Treasurer's office. Legal¬ Rhode Company, of Providence, at 2.48% discount. ).■ '.y i;'. v :;.y July 1 from Duryea School District, Pa. and interest Bond on 1974 to 1982 inclusive. bonds. the Due .on July 1 from 1958 to 1966 inclusive. 1,190,000 3s. general obligation street improve¬ Sale—An issue of $300,000 temporary loan notes was sold to $1,215,000 4s. Ontario,'-Oregon 1958 group County Consol. Indep. Sch. Dist. (P. O. * Winnie), Texas Note follows: as Bond on a Philadelphia Na¬ tional Bank; Harriman, Ripley & Co., Inc.; W. H. Newbold's Son & Co.; A. Webster Dougherty & Co.; Singer, Deane & Scribner, and Elkins, Morris, Stokes & Co*, 1967 ment interest and Chester Bank, of Port¬ Offering — J. F. Cooper, City Recorder, will receive sealed bids until 8 p.m. (PST) on June 3 for the purchase of $115,000 East Chambers ' are Banking & Trust Co., Philadelphia. Legality approved by Townsend, Elliott & Munson, of Philadelphia. land. Due thereafter sylvania 2270—-were awarded to p. the First National 1963 (J-D) payable at the First Penn¬ Multnomah County (P. O. Clerk, in callable. c^basis of about 3.74%. ISLAND Pawtucket, R. I. bonds. revenue to Kalman & —v. RHODE June 59 1, April from Bonds due thereafter April 1 are 1972 call¬ Princi¬ Tomb all, Texas Bond Sale—An issue of $400,000 water tem works, gas and sewer sys¬ revenue McClung & bonds was sold Knickerbocker, to and Financial Chronicle... Monday, June 3, 1957 The Commercial and 60 (2612) Due Moreland, Brandenberger, John¬ ston & Currie, jointly, as follows: inclusive. 1958 to 1962 106,000 4s. 1973 Inclusive. 1974 to ; - of (Village), Farmington, Alden, Garfield, Osceola and Somerset (Towns) Joint School District No. 2 (P. O. Osceola), Osceola dated June; 1, Principal and interest (J-D) bonds The 1957. from Due on May 1 1988 inclusive. 258,000 5s. Kindred & Co., as clusive. 1 from Due on May 1963 to ' inclusive. 1977 are payable at the Bank of Virginia or at the Bank of New 7ork, New York City. Legality Wisconsin Beach, Bond Sale—The Interest Du¬ approved by Wood, King & Daw¬ Huguenin & Boothman, of son, of New York City. 1957. 1, May Dated Legality approved by M-N. mas, Control and District No. 10 (P. O. tional Bank, Bond G. Riske, Board of Direc¬ receive sealed bids until (CST) on June 6 for the purchase of $800,000 water works system tax and revenue bonds. at & Co., as Lewis May 1 from Callable inclusive. on of 193.49 Cottonwood District (P. O. Salt of $600,000 general obligation bonds was sold to Edward L. Burton & Co. Dated June 1, 1957. Due on June 1 from 1964 to 1986 inclusive. Callable on June 1, 1972. Princi¬ pal and interest (J-D) payable at Tracy-Collins Trust Company, Lake City. Legality ap¬ Salt Cutler, of proved by Chapman & Chicago. VIRGINIA O. Arlington County (P. Richmond), Va. Offering—J. Gordon Ben¬ Bond nett, Secretary of mission on Local the State Com¬ Debt, will re¬ at his office, bids ceive sealed Room 222, Finance Bldg., Square, (EST) chase $2,200,000 Court House bonds. Due on Sept. 1 from 1958 to 1977 % bonds. Due sewer Sept. 1 from inclusive. The bonds are 1958 : v; dated Arlington Arlington: -First and chants mond: at the National or Bank 1, (M-S) Trust Mer- Rich¬ of at the Marine Trust Co., New York City. & Legality approved Mitchell, Pershing. Shetterly Mitchell, of N4 Y. City. Beach, Bond Offering—W. Russell Hat¬ City Manager, announces that the City Council will receive June 4 for the 000 bonds, as June 14 for the 000 on purchase of $970,- v Pla/a, New 12, York 2®. J. NEUMANN, ■* Hamilton, Ontario Debenture tures Sale — An ... , issue of X. An works issue of deben¬ July 1 from 1958 inclusive. 1977 to — sold to J. L. Graham & was Co. Ltd. Due on Willoughhy [Township, Ontario , ;$ale—iAn issue of $65,500 improvement bonds was sold to Bell, ^Gouinlock & Co., Ltd., as Bond , \ M-S. Sale 6% "water $45,000 5%s.-r Due on. July 1 from 1958 to improvement deben¬ 1977"iftclusive. Interest J-J. tures was sold to a syndicate Woodstock Separate School Board, securities headed by the Dominion Securi¬ ey„. Ontario -y /- and Other purposes, added. $7,651,000 , .. ties Dec. Corporation, as 5y4s. Due on 15 from 1957 to 1977 inclu¬ sive. Other members of the A. E. Gundy Ames Co., & syndicate: Wood, Ltd.; Ltd.; McLeod, Co., Ltd.; Bell, Co., Ltd.; Mills, Co., Weir & & Young, Gouinlock & 6% $61,000 : Interest J-D. Ltd.; J. L. Burns Bros. & table Securities Canada Sale— An Debenture to a J; issue of debentures was sold & Co. Ltd., at Graham L. price of 100.05:'Due on May 15 inclusive, v - from 1958. to 1977 r.-- * v\ QUEBEC Cap-de-la-Madeleine, Quebec newest Sale—An issue of $97,000 Bond improvement bonds was sold to Interprovincial, Ltd., at a territory island Credit of Newfoundland n • • • bonds. - after 8 from date of interest (J-D) years issue. Principal and payable at the County Treasurers office. Legality approved by Pres¬ ton, 4. Thorgrimson & Horowitz, of Seattle. 'i f Snohomish County, a 185, ! . (P. O. Mukilteo), Wash. water Sale—The $170,000 offered bonds revenue v. ... Mukilteo Water 28— May 2504—were awarded to p. composed of McLean & group Co.; Grande & Co.: and H. P. Pratt & Co. Offering works — July until Wis. Bids 23 will be for- the water $10,000,000 of bonds, revenue it is re¬ , Y. 1657. P. Thornbury, Ontario Debenture 1, 1957. Due on June 1 able received On liar 29., 1957, a quarterly dividend of 4^34 cents per share on the Preferred Steck and a dividend of 40 cents per share on the Common Btock were declared, payable July 1, 1957, to stockholders of record at the close of business June Bond Corp., the Toronto-Dominion Bank, as 5s. Du£ on Sept. T from 1957 to 1966 inclusive. Interest and Ltd., April 15 from on 1959 to 1972 inclusive. Call¬ purchase KockH eiler composed of J. L. Graham Co., Ltd., Bankers & Ltd. Due 1958 to 1977 inclusive. Ontario Harris & PartT Newfoundland, a self-govern¬ ners, Ltd.; Thomson & Co., Ltd.; ing unit until March 31, 1949, was Royal Securities Corp., Ltd.; Equi¬ Britain's oldest colony and is the from Bond 9 group & Co. WISCONSIN DIVIDEND NOTICE C' Township, of bentures was sold to J. L. Graham purchase of $469,- Milwaukee, COMPANY issue hydro electric de¬ $125,000 5V2% Sale—An issue of $52,235 improvement bonds was sold to a due important bridges An — (PST) on obligation general follows: W. HELME Crowland Bond Spence & Co., Ltd.; receive will $720.00u improvement bonds. GEORGE $2,000,000 of the Ontario Hill, Sale period of from Treasurer, County Bond bids until 2 p.m. (EST) of Debenture Dated June 15, a sealed bids until 4 p.m. Va. ched, sealed private placement in the Mr. Spencer 1958 to 1976 from 1 Interest J-D. Skagit County, Union High School Dist. No. 1 (P. O. Mount Vernon), Washington ■-> Bond Offering —Will B. Ellis, District Virginia over Dated June Sept. 1956. Principal and interest payable on 1977 to June on to 20 years. 2 follows: by and improvement bonds Co. Dated 4.20% Due 1957. Richmond, until noon on June 12 for the pur¬ of $3,200,000 - bonds, . as 1,000,000 was hospitals, educational institutions, the Trans-Canada Highway, roads issue of $336,- 000/school bonds. Capitol inclusive. ' Minister of accomplished Spencer, insurance, com¬ panies and pension funds and the proceeds of the financing are to be used for the construction of sold to Grande & was City), Utah Lake Due province of Canada. Its Graham & Co.; includes not only the price of 96.09, a net interest cost but also Denton, Ltd.; James Richardson & of about 5.95%, as follows: April 25, 1957. Due April 25, 1969. Labrador. The total area is about Sons. Midland Securities Corp., Ltd.; $15,000 5s. Due on June 1 from; Interest A-O. Legality approved equivalent in size to California. 1958 to 1962 inclusive. by Preston, Thorgrimson & Horo¬ The economy of the Province Cochran, Murray & Co., Ltd.; An¬ 82,000 5y2s. Due on June 1 from! derson & Co., Ltd.; Bankers Bond witz, of Seattle. rests principally on three basic 1963 to 1977 inclusive. industries: mining, pulp and Corp., Ltd.; Deacon Findley Coyne, Moses Lake Local Improvement Dated June 1,1957. Interest J-D.j Ltd.; W. C. Pitfield & Co., Ltd.; paper and fishing. Among the District No. 7, Wash. R. A. Daly & Co., Ltd.; Fry & Bond Sale — An issue of mining companies are the Iron Laval-Des-Rapides, Quebec Ore Company of Canada with its Co., Ltd.; Harrison & Co.; Collier, $22,526.04 improvement bonds was Bond Sale—An issue of $649,Norris & Quinlan, Ltd.; Osier, sold to Wm, P. Harper & Son & huge reserves at Knob Lake; The 000 water works and sewer bonds] Hammond & Nanton, Ltd., and Co., of Seattle, as 4%s. Dated Dominion Steel Corporation, and was sold to a group composed of the American Smelting & Refin¬ McConnell & Co., Ltd. April 8, 1957.* Due on April 8, Banque Canadienne NationaleJ Company. Forest products 1969. Interest A-O. Legality ap¬ ing Moore Township, Ontario Credit Anglo-Francais, Ltd.;] are produced principally by the proved by Preston, Thorgrimson Credit-Quebec, Inc.; DurocherJ Bond Sale—An issue of $237,000 Bowater Paper Corporation, Ltd. & Horowitz, ot' Seattle. Rodrique & Co., and Florido Mat-] and the Anglo-Newfoundland De¬ improvement bonds was sold to J. L. Graham & Co., Ltd., and the teau, as 5Y2s, at a price of 91.27, aj Pierce County School District No. velopment Company. Already in Canadian Bank of Commerce, basis of about 6.69%. Dated June] 320 (P. O. Tacoma), Wash. the planning stage is a huge Bond Offering—L. R. Johnson, Due on 1, 1957. Due on June 1 frorrj water power development close to jointly, as 534s and 5s. 1958 to 1972 inclusive. Interesl] County, Treasurer, will receive Goose Bay Airport, Labrador, at Aug. 15 from 1957 to 1976 inclu¬ J-D. sealed bids until 2 p.m. (PST) on Hamilton River, Grand Fails, sive. Interest F-A. June 7 for the purchase of $320,- UTAH Bond Sale—An issue S. This Interest M-N. inclusive. has just Purchasers District No. 6, Sanitary E. the were interest payment Sale—An bonds was sold to Graham & Co., Ltd., as 6y4s. on May 1 from 1958 to 1977 Due The Province of New¬ stated. Local Improvement Wash. Lake Moses United in Sold 1972, through its agent, Shearson, Hammill & Co.j of New York, he Horowitz, of Seattle. grimson & Salt Lake County, Co., any bonds was sold to Equitable Securities Canada, Ltd., as 5%s, at a price of 98.10. the inclusive. J. L. of) 5y4% sinking fund debentures issue. Bond ; by from Principal and in¬ terest (J-D) payable at the County Treasurer's office. Legal¬ ity approved by Preston, Thor- dated are Dallas. of the purchase of $433,- on (Province completed the United States dollar financ¬ Finance. and after five years date date May 1, 1957. Principal and interest (M-N) payable at the Corpus Christi State National Bank, Corpus Christi. Legality approved by Du¬ mas, Huguenin & Boothman, of bonds ended March 31, 1957. Chapleau Township, Ontario Sale—An issue of $30,000 FOUNDLAND American market of Quick, general obligation bonds. June 1, 1957. Due on June from 1959 to 1969 inclusive. 1 Prescott, Ontario Bond Sale—An issue of $172,500 Bond ing since confederation with Can¬ ada in 1949, according to an announcement made by the Hon¬ Dated inclusive. 1976 to first 325 May 1 from — foundland orable Mossyrock School (P. O. Chehalis), County Treasurer, will receive sealed bids until 8 p.m. (PST) on June 24 for 1977 to 1982 the 206 Washington' Offering—Harold Bond follows: 49,000 4%s. Due on The County, District No. 1970 inclusive. 1958 to bonds offered 98.00. at a price of :oma, sold to Ditt- 42,000 4V2s. Due on 1971 revenue sewer Due on May 1 from $13,000 4s. States May 22 —v. 185, p. 2384 —were awarded to McLean & Co., of Ta- issue of $104,000 building bonds was mar and Christi), Texas (P. O. Corpus NEW Debentures Wash. Interest J-D. improvement reported that the Province had a surplus in its fis¬ further cal year to ONTARIO Newfoundland 4s, as as Canadian investors. He sold was June 1 from 1953 to 1977 inclusive. the requirements of the Province over the next few years will require the support of American as well as bonds improvement Ameri¬ financial can Ontario Bell, Gouinlock & Co., Ltd., as 53/4s, at a price of 96.50. Due on by these important institutions ment Forest, Sale—An issue of $69,128 Bond of New-< the invest¬ improvement Sale—The $350,000 water Bond School District Bond Sale—An welcomed foundland CANADA price of par. a Bremerton, 1, 1957. Due on Indep. Oso Committee, Finance State June 1 from 1963 to 1990 inclusive. Principal and interest (J-D) pay¬ able at the Austin National Bank, Austin. Legality approved by Gib¬ son, Spence & Gibson, of Austin. West of St. Paul, as 3%s, of 100.05, a basis of Spencer stated Government Mr. Provincial supply. that the Richmond obligation bonds offered May 23— v. 185, p. 2271—were sold to the tors, will June price (P. O. Kennewick), Wash. Sale—The $4,600 general District 7:30 p.m. Dated a hydro-power future of Island View Water County, Benton Offering—Ben Bond at Mount which will be an important source about 3.74%. Improvement Austin), Texas President of the bonds offered May 23 awarded to the First Na¬ were WASHINGTON County Water Travis $88,000 general obligation Dallas. » 2384—were awarded to Barcus, 4Vss, at a price 101.30, a basis of about 4.07%. p. 1958 to 250,000 refunding bonds. Due on June 1 from 1958 to 1977 in¬ from Due on May 1 $36,000 3s. from 1 June on Secretary ported. Mushego Joint and P. O. Bond Norway School District (Towns) No. 2 Muskego), Wis. Sale—The $169,000 school t• •• bonds, offered May 23 — v. 185„ - ' ; *-