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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»

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-

92 Va
^

..

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91'A

*76'A
~

'

.

»

80

1>_

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•

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%

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98 \'a

%

n

99

89%

97%

84%

91%

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87%

101%

101

101%

2L

101'A

101

101 A

72

100%

102%

101 Va

101% 102%
89'A 89 Va

3 4

100%

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5

88%

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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„

-

'

;

*-