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Uhi I lHOI » I OF MICHIGAN MONDAY ISSUE 7 JUN 7 1956 BUSINESS ABNiNISTRATION UMUT Chronicle Reg, U. fl. Pat. Office Volume 183 Number 5539 New York 7, N. General RAILROAD Y., Monday, June 4, 1956 Price PUBLIC UTILITY - INDUSTRIAL ■ INSURANCE - company stock of stock for render of Trust the Co. form will However, be the issued of if business to June June 1, such such of the stock. been before called the entitled for Boston close: of to per share heretofore declared Exchange Stock Exchange... Los Angeles ACF-Wrigley Stores, Inc.—Earnings—Expansion— In its 1955, first the chains, in the as interim result since its of process $26,750,000, St. bring several acquired 38 Stock Exchange of formed Fred into P. Inc., chain and the Cleveland, lo is annual an rate the and of number 27, 1956. 1956 to purchase ten super increase sales to annual an ; markets rate P. Rapp, "Profit before taxes, nection stock taxes totaled stock with outstanding the purchase share...- • "ACF-Wrigley income on $1,052,700. March at acquisition these the of plan, until per 1957—20 in St. 10 Louis March should upon its "Since the management under "The for close sales average most recently approximately of raised move 1955, its will in $100,000,000 be while that This $1,000,000 of when per new the merger sales per further a compares with a "The during The SEC earnings to will markets later consider the year."—V. and 183, p. corporation on 1,650,000 at three be used cents for store also months appropriate City 37 Averages without to Plaza 37 to Stock Exchange..^. 37 37 be Reserved also should dividend to further Bear Offerings of Member Banks (par one mining cent) The 50 36-week p7iod ended April 8, increase over period ended Edwards real 50 to 10, 1955, it amounted 1956 income Of gross April $31,168,056 estate 3 _ and and parcel President. announced the John C. in Habfa- and La . three markets Templet City, Calif." 7 these facilities'had? been rented located from Subscription Agent— of and 28 Vi This a$res. warehouse Alunite With for as projected supermarket, a corporation Salt on to be at $363 for offered the per in unit, units of 50 without shares of stock underwriting. The $242 and proceeds 26 years, City, this in sale Lincoln company has Building, moved its 60 East executive of May shares 17 of through The filed a letter Cayias, notification of stock common proceeds commercial American Express made on 42nd Street, offices into share, with New It the (par Larson, are to be KINGSTON, ONT. Bruce SI. fjorris 3 .A. kdoAe, ★ $1) Glaser, used to with Emery, for the be offered the Inc., manu¬ fertilizer. Co.—Secondary Offering—A was a secon¬ May 29 by Blyth & Co., Inc., at $32.50 per dealer's concession of 90 cents oversubscribed.—V. 183, p. 2285. She investment Stealers -Association o£ Canada Bay Street TORONTO, CANADA Sefephone Broch St. Files — dary offering of 5,000 shares of common stock (par $10) Co., Inc.—Moves Home Office— the Utah. Utah Exchange Commission— of are financing of diner installations, etc. Reduction share, City, and on 160,000 per Lake facture was Air corporation covering $1.50 City, Salt Lake of and 150 VICE-PRESIDENT Cheapside EM 8-4731 > ■ LONDON, E. C. 2 ENGLAND John C. X JIL Cjj. «2). SdamS, U. Brooks, p. S\. Jdanley., (J. IfFj. Wjitchiner SbouqtaS WjcVittie, Philip J4. Jdawher, Christopher Wahlrolh Jr., -Arthur W. Slrichtand, Richard -A. Wothersill DIRECTORS: Orange, expanded site will provide both for future expansion as well Corp. Securities The SEC Agger Corp., New York, N. Y.—Files With SEC— After PRESIDENT in the .Phillips Realty constructed at a-later advantageous date, he said. Alpha Beta Kas Just completed a $250,000 Installation of a new slaughter house* floor, at the company's Huntington Beach packing plant.—V. 183, p. 1853: *7*' the 75 $35,- May 24 on be at Weml erS: She Soronto Stock ddxchange Offices: to reported for announced was sdHevi id&mlted, (Branch of ';- With the acquisition,T}f tha home office-warehouse area, Mr. Ed¬ pointed out, together with a recent purchase of 9Va acres of improved land adjacent to this property, Alpha Beta no owns a single 49 Clearings.. common stock of the Adams Express Co. and agent to subscriptions upon exercise of warrants, expiring June 8, 1956 (primary and additional subscription privileges) to purchase common stock of American International Corp.—V. 183, p. 2533. York 200 at Co. that Alpha Beta has purchased all of Phillips Realty Co. for a sum in excess acquired through the purchase consist of improvements, specifically, Alpha Beta's home office of warehouse Previously, purchase to be used 621. also assets and May 28 filed a letter of notification with the SEC covering 15,287 shares of class A stock (par $1) and $73,989.08 of 180, Sohthdale Dayton department .stores. $1,000;000. The properties Corona Trust Co., New rorx, jn. x„ nas been appointed agent subscriptions upon exercise of warrants, expiring June 6, 1956, proceeds operations.—V. principal expect this level of sales to be maintained during the remainder year ending July 30," Mr. Edwards said, "which will en¬ Alpha Beta to show record sales and earnings for the 1955-56 Mr. of accept be of and the Bankers debentures to two are Cin¬ fiscal our the fixed of Banks Adams Express Co.—Stock The markets center's Co. store, join at wards to accept sometime and will more Mid-Inland JamalcsTjand. period." 50 reflect with the 15% a similar able 16 I in and Gertz department Donaldson's four Swlfton store; "We of 59 to 1955 B. and Houston; department 2285. p. office in at the be main the of one operation, Gulfgate I., ' where the be Allied's in are will Co. The notification L. will where for 990,006, the Redemption Calls and Sinking Fund Notices 50 and sales action underwriting. as The Course of Bank ACF- in average add Hicksville, 183, new year— , Combined Condition Statement of Federal part of effected 12 this Rollman's I. —V, sales. $1,800,000 at the open Minneapolis Federal Reserve System con¬ sometime latter of to where Flushing, L. Minneapolis, 37 Rates Statement debentures incident Bond Exchange Condition cents effective, can will 29 filed a letter of shares of common stock expenses and Foreign 1609. share, Bond markets new until became May per cinnati, Dividends Declared and Payable Uranium Mines, Inc., Denver, Colo.—Files— covering offered in 30 additional resulting frdm the integration of the Big Wrigley Stores Division in Detroit. board Acme Stock Four scheduled 48 per economies into -the Markets The Gulfgate center is one of 12 in operation or planned throughout nation in which Allied Stores either is the owner or is a pivotal by Claude W. Edwards, State store. super Section General Corporation & Investment News Cover 7- the national city. store, throughout tenant. employees to $2,500,000 increase stores the for Miscellaneous Features and completed department largest Alpha Beta Food Markets, Inc.—Sales Up 15%— of Cleveland of the being downtown country. Sales income, the units, complete a with second shopping the 1956. than more be associated the of its Houston regional 47 Stock Exchange—Curb Exchange Capital Flotations for Month of September. of erected not average anticipates periods. opening earnings, p. each will heart the of biggest The new 41 Transactions American Stock Exchange..^— , present expansion has subsequent are the and ' five Gulfgate from have to Joske's South's 44 Exchange Transactions New York 1956. Wrigley the and the miles facilities foot area, sales shares issuable and equivalent impact should begin to make itself felt by the calendar of Oklahoma in in Houston— scheduled is square 43 Stock Stock 1956, 1, net / • company's account Although the 1957, and 3,562,566 Chain, the tenant seven Joske's Texas, 200,020 42 Francisco Dow-Jones is central the for 1956, were areas. "Based store 31, Rapp Houston, a lead Gulfgate, new the 41 National Quotation Industrial Stock Averages SEC Index of Stock Prices adding 40 new super markets in 1956 and early Michigan, including one to be erected in nearby Toledo, in Ohio, the upon earnings 41 Exchange the as offering all Foodtown summary of ended March 31, $2,024,500 was Based Wall Co., 46 Exchange.. $77,608,500. common Stock Exchange Over-the-Counter together with ACFWrigley; the actual consummation of the Rapp' purchase should take place before the end of the present quarter. "On the aforementioned pro forma basis, sales of ACF-Wrigley and Rapp for the three months ended March 31, 1956, amounted to after The shown is Trust Exchange ,7 Inc., the Bankers at Stock approximately forma earnings for the entire three months although its acquisition did not become effective Fred of perspective, proper pro made Stock in ACF-Wrigley * and performance of the in center, 39 Toronto , Feb. markets super erected 38 ... Toronto of area whose combined sales are currently at an $23,000,000, or an average of $2,300,000 per store. which should be consummated around mid-year, 148 Y. Joske'f will be the corporation's major store in the Houston replacing the present downtown Joske's as the headquarters store city. Downtown Joske's will become a branch of the main shopping center unit. The downtown unit is one of the nation's largest home furnishings stores. San Ohio, 20, with Stock be N. for Montreal 30, market Rapp, "Ip order to present ACF-Wrigley in figures are included in the following The Dec. on super additional March on Rapp, Pittsburgh 31, another. of acquired was March Mo., of of organization $320,000,000. store, per Philadelphia-Baltimore will 15, called Canadian ended important one the purchase entered was stock rate Acquisition will $2,058,000 Louis, annual has months corporation, of merger formation agreement common the the three Inc., operating 13 super markets in district with combined sales at or the of the (for "This consummating "Foodtown, metropolitan "An report states: company York share By late August, department store, 38 Midwest Stock Exchange 1956), New Allied Stores Corp.—To Expand 38 Detroit Stock Exchange payable Payment 33 Exchange Cincinnati Stock Exchange receive 1469. p. 29 Stock Stock its redemption is convertible into 2.20 shares (not $2.51 shares as previously reported) of common stock at any time up to and including June 14, 1956.—V. 183, p. 2285. • 17 (Bonds) American stock, continue common (Stocks) New York No Street, Each New York Stock Exchange conversion. on of share. per has called for redemption on June 15, next, 3,879 5'/2% cumulative convertible preferred stock at $10.50 corporation shares Page Guaranty in bearer common be Stock and Bond Quotations sur¬ the have will holder upon at 150 East 42nd Street, New York 17, N. Y. The third and fourth floors of the skyscraper. the occupy 1609. Allied Artists Pictures Corp.—Calls Preferred Stock— The such made stock shares the of certificates of be which common date, 183, shares into dividend of $1 1956.—V. scrip will shares stock, stock shares class 1V# of preferred fractional and that rate preferred either preferred 1956, the conversion, of on the after stock 15, lieu at such On converted until common on of any on in of for dividends were held share New.York. be redemption corporation, each certificate of adjustment the p. 183, In This Issue dividends. Payment will be made by the Guaranty Trust Co., 140 Broadway, New York 15, N. Y. ; Each share of preferred stock called for redemption is convertible, up to but not after the close of business on July 16, 1956, into common will —V. - accrued common MISCELLANEOUS - Socony-Mobil Building, corporation has called for redemption on July 16 next, 41,537 of its 5% cumulative preferred stock (par $50) at 110% plus shares Copy a Corporation and Investment News ACF Industries, Inc.—Calls Preferred Stock— The $1.25 per share. The Commercial and Financial Chronicle 2 * corporation operating and proceeds cash the to of resources construction or the remaining balance p. 2534. ' will . be H;.; the new available : . American Palestine Trading Corp. - Partial — working capital. -. "X' "V,-!• ■.///% ' for Sales company has called for redemption on July 1, 1956 $10,000 4%' sinking fund debentures, series B, 1967 at 100% and accrued interest. Payment will be made at the Manufacturers Trust Co., 55 Broad Street, New York 15, N. Y.—V. 182, p. 2462. best-eilorts The of its The filed corporation 28, registration a to in Issued by the Of the class B shares, 198,404 Schuler, President and Treasurer; company). held" by Robert E. are reduced be completed.—V. 183, p. 2286. of, in activities the Gulf of service, rental and Mexico, dealing, in and which terms amount; to recovery a Astron in December, 1955. It trading In securities .and l\ is a of of purpose Securities also Inc., Planes, Texas. of Act rnrnn- operating securities. became was Chas. E. Beard, President, that of of the o /i The - not require do The planned. involving company's previously., an$ offering the of additional shareholders is now being revised, of shares to be offered to shareholders for'subscription number to stock common its reduced and the offering date is expected 1956,*as previously, planned.■;1 v js expected to be materially bp later than June 5, , announcement with respect to the- proposed offering, ingiuding the offering date and number of shares to be offered, will be made promptly when determined.—V. 183, p.-2534.%V.?U V- p'/ ; m 1955. Planes, Inc., was organized ,for ,the purpose of plane Service to the public on either a charter or rental basis and it presently., operates at Houston International Airport.. (The assets of Astron include seven aircraft '(4-twin-engine and 3 its of program announced that studies indicator the present sale of the on May 24 formerly shares • company nounced^r financing. program further A Astron needs number . subsidiary of wholly-owned a the shares the for - Inc.—Revises Proposed Offering—\ Braniff Airways, > of 'the "purchase organized paA.nt" the preferred stock. The company estimates its construction .1956-60 at $140,000,000.—V. 183, p. 2287. the for registered, dealer under . ^ "Sfft wir«?S _ December, ,c furnishing ■ to be {single-en'gine planes), which are nqw Jeasgd, $q-Planes, The.,. for , use in its operations. *' Astron Corp. intends to continue the business described above, and in addition, it intends to negotiate for the acquisition, and subsequent ; leasing of similar portable housing units. '■ • '* v % , Astron may enter the field of oil and gas operation in one or more capacities. Such activities would, if entered into, most likely be conducted by a subsidiary corporation to be formed. r respectively. EFFECT GIVING CAPITALIZATION ♦In / to purchase in filed letter of notification with the SEC a to .9,000 up employees p. • 554. ■'//,;%• .;./;■ Shoe Co.; Inc.—Notes Placed /; Brown * ' * / Privately—This has sold $10,000,000 of 3%% notes to a group banks and insurance companies^ payable annually company of shares Mav 1 $250,000 1959 to 1961; $500,000 1961 to follows: as 1966; $675,000 1966 to 1976. ^ future, the May 28 on company covering to. . *200,000 shs. 82,500 The Commission— shares of common stock (no-par) to be offered under stock option plans at the market ($33.12 Vi per share at May 24), without underwriting. The proceeds are to be used to reimburse the company for cost of any shares purchased.—V. 183. > remaining 17,500 shares are reserved for options which may be granted , granted - Y.—Files With Brooklyn Union Gas Co., Brooklyn, N. * Securities and Exchange Outstanding 300,000 shs. —— have been options addition, the and $1)-- (par . , PRESENT FINANCING TO Authorized stock Capital 50 cents per share. It share, with a dealer's discount of KHhsidiflrv 180,000 covering V > x f 25 filed a registration statement with the shares'of its cumulative preferred stock," $100 May on ® ^ ^ yR . ^hnrt Lrm rfpht tn a nnn f prior construction).. Such snort-term debt amounted to '$14,000,000 at April 3Q and win amount to $18,000,000 at the time of issue of in November, 1955, Astron has been engaged either directly or through subsidiaries, leasing charter on subsidiary The dary offering of 5,000 shares of common stock (par $4) was made on May 21 by Blyth & Co., Inc., at $22.25 per was thrmifirh nr company i'MK S a spec- price with interest during the first two years of the lease. Security Sales Corp., the underwriter, became a wholly-owned Offering—A secon¬ Anheuser-Busch, Inc.—Secondary dirprtlv pithpr venture one -, ; X in purchased, contractor shares (65.9%) 50,180 (16.7%) 14.08%, and 14.08% 55.65%, to Houston,'Tex.. four in Canada, nine in Engeach In South Africa, Mexico anc( par, to be offered for public sale through an underwriting group headed by The First Boston Corp. The dividend rate, public offering price an * capital in December 1955, a portable housing unit which/ is designed for use *as a living quarters on a drilling platform located in the Gulf of Mexico, and has leased the unit to a drilling Thomas H. Fox, Executive Vice-President and Secretary, and 50,180 (16.7% ) by Virginia Fox. They propose to sell 30,840, 7,800 and 7,300 shaTes, respectively, after which their ownership of the class B will working for Montrose Boulovard, 3400 oil drilling for aircraft Astron ty snares used 1 . factory new States, the United Australia, and two in sec incorporation business the an split, stock giving eflect to a pending charter amendment and stock the company will have outstanding 301,080 shares of class B < in addition to the 35,000 preferred and 20,500 common shares After ' its equipment and receivables. carry , organized on Nov. 1, 1955. t 3.••••'-. ^ organized for the purpose of engaging was hiifsinpAK Since working capital borrowings and to provide additional an increased volume of inventories bank of $50,000 to be used „ be to are a . branches in This . "tlnn* bUSine8S venture6 elWler dlrectiy or through subsidiary corpo-? rations. 1956, covering 35,000 shares of preferred stock, $6.50 par, 20,500 . ~ company nlfttivp statement with the SEC on 60-cent cumulative con¬ shares of common stock, SI par. and 46,440 shares of class B common stock, $1 par. The 35,000 preferred shares and 20,500 common shares are to be offered ior public sale by the issuing company and the 46,440 class B shares by certain selling stockholders. The public offering price and under¬ writing terms for each of the three issues are to be supplied by amendment. Cruttenden & Co. is named as the principal underwriter. Formerly known as Anderson Brass Works, Inc., the company is principally engaged in the business of designing, manufacturing and selling a broad line of bronze and aluminum connectors, clamps and fittings for use on electrical sub-stations, transformers, transmission lines, and distribution lines. . . / . Net proceeds of the company financing will be available for any corporate purpose. The company intends to use the proceeds to repay This May proceeds purposes. Texas corporation was Offering With SEC— vertible net general corporate April 20 offered 150,000 $11.75 per share on a on of Braaiu-v.jisvp. 2071,,^/<•'': ^ Boston Edison Co.—Registers With SEC— bona fide residents Of Texas.- basis to BUSINESS—Corporation, Ala.—Registers Electric Corp., Birmingham, Anderson Stock Corp., also of Houston, PROCEEDS—The and > land, - shares of capital Stock (par $1) at 15-year * Construction Md., plant will be completed shortly, providing manufacturing area of 472,500 sq. ft. at this location. ; v f Black & Decker, in addition to these plants, operates 41 sales and , Offered—Security ' Aitron Corp., Houston, Tex.—Stock "year.. this early the Hampstead, .service , i 1! > completed was at total a 183, V. — ■/ ' ■" Redemption— - unit and company of acquisition - ' Ajnpal land, are proposed to be added applied as needed to the -plants and equipment. Any loans, estimated at approximately $16,600,000 racing stable. a has loans for net . .^-'The. establishment of . company The above;—V. 183, p. 2533. Express Co. Adams See The companies . Corp.—Subscription Agent— American International ^ * Monday, June 4, 1956 . tion aj. once on the faotory (Which;. together Jwith land and equipment, will 'cosi approximately $700,000. "* ° a manufacturing facility in Australia is the ' • •. ,• .. „• latest of a. three-phase expansion program beings Implemented by the entered into loan agreements with seven insurance - parent company in the world-wide network of Black & Decker faciliaggregating $7,750,000.^ r - V > r ^ ' .»y -.'ties, at a total cost of approximately $5,000,000. A 50% enlargement from the sale of the debentures, and from these of the manufacturing capacity of the plant at Harmondsworth, Eng- respectively. . May on organizing in penses .r . rubber, and other*? foam manufacture ol the for the Midwest or South. The company estimates the costs plants and equipment at $12,000,000 .and $3,500,000, two the plant a in products of 11 filed a letter of notification with the SEC covering 3,000,000 shares of common stock to be offered at par <10 cents per share) through Columbia Securities Co., Inc. of Cali¬ fornia, Beverly Hills, Calif. The proceeds are to be used for ex¬ The acquire or City, Inc.»' Carsoa Horse' Racing; Stables, American Nevada—Files With SEC— - . (2642) 'V/:-"';./ prior notice the company can make prepayment in any year in equal to-the amount due that year. The-proceeds will5 be used to redeem ell $5 prior preferred stock and $1,900,000 of long-term On RR.—April Earnings Lower- Ann Arbor 1956—4 Mos.—1055 1956—Month—1955 period End. Apr. 30— Atchison, Topeka & Santa Fe Ry.—Earnings— Railway $819,803 $793,900 611,735 584,427 2,463,151 operating revs. operating exps. railway operating Net income income 190,711 175,609 79,352 64,875 A tvIII fire truck for fighting-fires inside industrial plants In a number of cities throughout the eastern and pint-size new shown be United States during June. which is capable of negotiating narrow factory aisles, was enveloped by this company. It fills a need, by industry, for firelighting equipment with a knock-out punch. Ansul spokesmen point ci't that it is a logical outgrowth of the need created by increasing - Net Net p. 2070. April 30— ofcer. revenue... from rev. r debt ,' . 737,394 183, 924,104 2178. p. Ltd. Apex Uranium, Inc., of Nevada—Now Shipping Ore— the Vitro mill at Murray, Utah, W. R. Noack, Vice-President and General Manager, reported on May 25, Starting last week, Apex expected to ship about three cars a week (one of high-grade and two of lowerj;rade open-cut surface ore) to the Vitro mill, Mr. Noack said. The company's first 53-ton shipment of uranium ore was made early has company la April and netted Noack Mr. the ore said its third of car high-grade to ore the company approximately $5,000. the that company's development work is extending Nev., property.—V. 182, p. 1562. its Austin. on reserves shinned Helicopter Co., Inc. (N. Y.)— Files With Securities and Exchange Commission— Universal Apostolescu The f'SC 1st corporation covering $3 working capital lor -. board The of Production facilities -expanded larger fcively Is Temlok of realized volume late this Macon, h. % of of that scheduled is Peck, and until of the on has Operations, the the original in for Armstrong is being 1948, got underway in construction July less of than of a The «■ largest, fiberboard mills in the world. During the expansion, production continued on the original equipment,: or output no was lost as the new and facilities equip- the 300,000 square expansion program, a In addition, new and feet floor of water space in the is June 15, amount May on $9,250,000 1971, to through be an 31 of filed a registration convertible offered for statement public sale at with debentures, The facture Coast Interest of tires and in and the is other to 100% of products Southwest. The to serve customers company also on plans to stock has been construct of Potomac ."y:;/.. plant, new will produce Ethyl Corp.'s entrance mark Corp. of America—Expands in Japan— agreement -An - by the Board of Transto. issue a maximum of to stockholders at a price granted permission . yarns subishi Rayon of Celanese According share. a SEC—c / * i filed.an amendment od statement covering an additional the Systematic; Accumulation of Electric Power Company.—V. 176, p. £30. company; expected to be completed In the latter part of vinyl chloride monomer made from ethylene and into this field. . * . The vinyl chloride monomer produced at Baton Rouge will be sold to the plastics ind' stry, for the manufacture of polyvinyl chloride which Is widely used In upholstery materials, electric wire and cable, floor coverings and. a host of other products. Ethyl Corp's production will represent a substantial addition to present vinyl chloride monomer capacity.—V. 181, p. 106. * The - 1957, will and to establish facilities for fibers in Jr.oan has been manufacturing cellulose concluded between Mit¬ Ltd., p.nd Celatino S. A., wholly owned subsidiary Corp. of America, it was announced on May 29. Co., to word received by Mitsubishi, the Japanese Government has company - f . 2286; \ President, on May 29 announced that the company earned about 10 cents a share in the first quarter of 1956 tompared with, a loss nf a like amoupt in the first quarter' ok last year, making the first three months of 1956 the most profitable quarter in the company's history. He said that the. upward, trend in earnings seems to be continuing, which indicates that 1956 will be an A. overall Weaver,-Jr., record year for Bettinger. The company severe*- suffered a loss during strike 182, p. 506. Expansion— the company's Australian sub¬ awarding of the contract for con¬ struction new manufacturing plant near Melbourne, Australia. Swanson Brothers Pty., Ltd. won the award and will begin construcsidiary. Decker & May of a on 25 (A'asia), Pty., announced Ltd., the California P. U. Commission has Acquisition— authorized this shares of its $1 par common stock to of the outstanding stock of Flanders Mining Co., a Nevada The ratio of exchange was rot announced. issue 1,875,000 Central Eureka been company Creek gold was formerly Central Eureka Mining Co., recently Until several years ago in mining. In 1954 it closed the Sutter acquired in 1924. Flanders Mining owns than 600 claims, principally uranium properties, Corp., mine controls more engaged which it aoproxim"'ely 12,000 acres in Utah, Mexico.—V. 133, p. 3. cove;ing New corporation purchase all corporation, engaged in rice and feed operations. has the Chain Belt Co.—Sales and Colorado, Wyoming an Earnings Higher— for the six months ended (April 30, $2,335,847, or $3.81 per shale on the 612,337 shares outstanding. The«e figures compare with sales o" $21,415,064 and profit after taxes of $1,585,967, or $2.59 per share fo* the six months erded April 30, 1955 on the 611,337 shares then Sales 1956 Black & Decker Mfg. Co.—Australian Black Eureka Corp.—Proposed Central The or —V. Pacific " y. :v; company 1470. principal the 1855. has been awarded a contract by the Ethyl Corp.,for the engineer ng ?.nd construction of a new multi-million dollar plant to be loceted "t Baton Rouge, La. : C * the be p. Catalytic Construction Co.—Awarded Contract— due underwriting rate Newfoundland.—V: 183, investment Washington This 1955, due almost entirely to that lasted approximately two months. This loss was mitigpted to some extent by a tax refund of $70,907, which leaves-, a modest carry forward credit for 1956. In spite of the loss, Mr. Weaver reported that the company's working capital position improved in 1955 increasing by 95% and net worth increased approximately 8%. group headed by Reynolds & Co., supplied by amendment. The under¬ writing commission is to be 3.5%. The company plans to construct or acquire a plant for the manu¬ Inc. $37 Robert also subordinated of 25, common to ' company covering but said the identity of underwriters 1956, to its registration $2,600,000 in Potomac Plans for Bettinger Corp.—Trend in Earnings Upward-r Armstrong Rubber Co., West Haven, Conn.—Registers Debentures With SEC— The contemplated financing will be in the Capital Reserve Corp.—Registers With original a SEC p. square being installed. improved plant laboratory facilities have been constructed. When full production is reached,-the number of em¬ ployees will be increased by approximately'one-third.—V. 183, p. 2070. system recovery Vice-President.—V. 183, Canada—To Offer Stock— 13,674,686 outstanding Bell of Canada shares.—V. 183, p. feet facilities. The original buildings have been enlarged and a second board mill set up alongside the existing mill; additional grinding, pulping, screening, forming, drying, fabricating and painting equipment have been installed; the wood yard rearranged, and warehousing and .shipping facilities are being approximately doubled. As part of the to the Canada or; Europe, Government vi This May ; - . fiberboard plant at Macon, which than doubled so that it is more ment were being readied for production. The expansion project is adding approximately 212,000 company The the little units of $1,000, with warrants approved the agreement, calling for establishment of a new com¬ plans to issue the stock in the ratio of one new pany with paid-up capital of 600 million yen. Celatino, with a share foi each eight held. ^ minority interest in the company, is obligated to provide technical The company does not intend to register its new issue with the assistance in the form of licensing use of its processes and know-how. SEC and accordingly will not accept subscriptions from U. S. residents. Initial production capacity of the new facilities is planned to be American holders can, however, sell their rights. Royal Trust :Co.«'> 6,000,000 lbs. annually. The agreement between Mitsubishi and recently said it would ask bids for the 75j,992 right accruing to Celatino is to run for 10 years.—V. 183, p. 1965. American Telephone & Telegraph Co., which owns 5.5% of the year year. last on-May given the • 28 May port Commissioners at Ottawa, Canada, 1,725,000 shares of capital stock (par $25) an¬ ; facilities new This - waethfr disclose not acetate General that stockholders announced amounted and to $28,101,007 profit after taxes was outstanding.—V. 183. p. 2534. (Continued on page 8) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570. Herbert D. Seibert. Editor and Publisher; William Dana Seibert. President. Published twice a week (every Thursday (general news and advertising issue) with a statistical issue on Monday] Other offices: 135 S. La Salle Street, Chicago 3, Illinolf (Telephone STate 2-0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. Copyright 1956 by William B. Dana Company. Reentered as second class matter February 25, 1942, at the post oflice at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of Pan-American Union, $60.00 per year; in Dominion of THE COMMERCIAL AND Canada, WOTE: $63.00 On per account FINANCIAL CHRONICLE year. of the Other Countries, fluctuations in $67.00 the (Reg. U. S. Patent Office) per rate of year. exchange, • >■<-;; Celanese . h?s v.; Approved-* a States, b*1 by company. Bell Telephone Co. of • President for general and " at. Javplin's annual meeting in June.^ The bonds,; he said will., be issued by a subsidiary, Wabush Lake Railroad Co. Ltd., and will bear interest at 4,/2% with principal and interest'guaranteed V"/:; ri", Mr. Moore was formerly Executive capacity and did He newly progres-, a full Vice-President Materials Building broken was of one period ■so with ground completed was now started . Production capacity R. company's the at been has manufacture of nounced. ' riter products Ga. summer, Armstrong's of Manager at fiberboard Inc., stockholders, United elected R. Edwin Moore to the' Earl J. Gossett, who has served President, will continue as Chairman of the Board of directors President of Chairman and as j Co., : '.-v,, will Directors. Armstrong Cork Co.—Expands Temlock Output— Kinney R. 2179j supplemental office general corporate purposes. and p. .The financing will, ba in bonds, sold in v-.4,212.3.0' ^ Bell & Gossett Co.—New President— on May 23 filed a leoter of notification with the shares of common stock (par $1) to be offered without underwriting. The proceeds are to be used 75,000 share, per G. attached givinq. right', to purchase ?6 shares of Javelin common stock a .Unit at a fixed price over a four-year period. Mr. Doyle reported. additional This 133, previo usly announced plan for $16,500,000 of financing. he said, also ratified 15-year contracts to sell Iron ore from Javelin's low-grade reserves in Labrador to 15 German steel firms In the.Rhine-Rhur Valley and British Iron & Steel Corp. (Ore.) production contract for the manufacture of an quantity of USAF T-33 jet trainer wings has been announced i by; this corporation, following completion of contract negotiations with ' ; Lockheed Aircraft Corp., Burbank, Calif. This order amounts to nearly $500,000 and supplements a $3,000,000 follow-on production contract received by Beech Aircraft in January ' of this year. Production rates will be increased and deliveries on the -I; new contract will run through the summer of 1957. Beach Aircraft has- been building wings * for the Lockheed jet -, trainer since early 1951. Beech production for Lockheed also includes! wings for the Navy T2V-1, first carrier-based jet training plane. For Beech Aircraft, this follow-on contract is an important addition to the work-backlog of the Beech facility at Liberal, Kansas, where ' sub-assembly work is performed, and the main Beech plant in Wichita where final assembly lines are located.—V. 183, p. 2534.. A Doylej approved The Beech Aircraft Corp.—Awarded Lockheed Contract— t C. John 14 ' _ 3,772,616 newly-acquired the Canadian Javelin. Ltd.—Financing Plan 19,889,028 $2,617,000 $12,857,637 $11,295,378 ' $2,889,133 inc... %'i: of sprawling one-story industrial plants, situated outside city limits and therefore unprotected by city fire departments.—V. 183, p. 2. . of , corporate purposes.—V. 1956—Month—1955 1956—4 Months—1955 $14,836,071 $13,796,331 $61,484,834 $56,449,755 11,946,938 11,179,331.48,627,197 45,154,377." ry. oper. railway oper. -V. 3,umbers :J 5,575,466 5,687,839 »Railway oper, expenses.. truck, The 6,211,690 End. Railway central j income— oper. income Period Development— , . 1956—4 Mos.—1955 / * 189,352,815 178,738,602 6,096,236 * 21,193,064 22,799,319 46,983.803 Atlantic Coast Line RR.—Earnings—% i Ansul Chemical Co.—New 49,068,467 j ments.—V. 183, 2070. V p. I Income 21,533,675. ♦Earnings per common share ——; ; $3.67 >, v' $4.01;,/" * After 4'/2% of contingent Interest and preferred dividend require- 247,127 224,484 94,043 77,936 . ■>- ry. Net ductions 183, ■' Gross charges and other de¬ —V. ' ' fixed after income ■ Net taxes Net ; Federal after 1956—Month—1955 Period End. Apr. 30— $2,925,691 2,336,127 $3,129,643 Railway amount an remittance for foreign subscriptions an d advertisements must be made in New York funds. Volume 183 Number 5539 The Commercial and Financial Chronicle 3 (2643) Capital Flotations^inf ihe^UnitedStates in September i .ti Total corporate financing in the domestic market for shares of 4.30% the month of September, 1955, aggregated $599,755,043, decline of $411,476,141 below mat tor August of the same year. A comparison of the September total with that of the like period in 1954 also shows a sharp drop of $296,413,669. or New > capital placements in September, $566,346,199/or 94.43% of that month's while ume, 5.57%. or bonds sum of and notes $433,743,300, while financing of in September, former amounted to or /; , of that V-'y/ placed month's 36 in 26.42% of the over-all dollar ini the; first Amount Dated Aug Aug 11 91-days Aug 11 Aug 18 Aug 18" Aug 25 July 20 Aug 1 12 V2 mos, July 20 L i_. 39 $156,417,934 30 23 I' April' 4-,«T_r— 'May 227,855,000 4.69%. June !V September, 1955, stood at $166,011,27.68% of the month's gross dollar volume. New 28 1,485,574 000 487,388, 789 Total for August J. volume. Sep Sep Sep new stock placements in Septem¬ to 64 in number and added up to common ber, 1955, amounted $75,685,353, or 12.62%, while preferred stock offerings attained the sum of $90,326,390, or 15.06%, made Up of only 10 issues. total of ,T the to be ferings in September, 1955, developed the greatest dollar volume for that month at grand total. It $137,321,225, gross dollar, volume. Next or or 1 than more average size placed Corp. 3%% This was by the $50,000,000 Sept. issue that for ! July ___j l_ 10,708,640 516,792,480 a a 4,823,000 4,323,000 100 2 100 C Sep 1-30 Sep Total the September— for nine $538,383,697 323,276,542 526,209,055 2,164,722' 665,963,208 2,148,655 s 470,186,565 21,275,906 401,870,510 424,845,066 260,351,520 r 4,218,140 "■> , $3,890,645,334 406.088,650 $64,253,964 $3,954,899,298 One January $2,500,000 2%% and Total 133,916,625 Or municipalities was undertaken during August, 1955. 1953, showing BY MONTHS New Capital 628,060,950 44,639,185 April the different monthly 1 1955, 1954, June quarter^—. July Total Refunding New Capital $ $ Refunding $ r Total $ 486,689,232 560,772,709 16,141,452 15,372,739 329,997,217 641,307,965 ! 25,159,845 521,025,292 70,653,000 591,678,292 521,319,354 5,999,485 527,318,839 315,097,152 2,285,641,734 1,301,899,481 106,465,260 1,408,364,741 1,723,400,028 509,658,396 748,829,028 172,833,757 682,492,153 83,518,225 ' 832,347,253 91,928,160 684,800,651 614,225,924 614,765,864 10,540,950 625,306,814 180,014,200 716,902,559 624,958,430 15,677,234 640,635,664 37,112,169 1,114,301,499 96,140,649 691,217,851 987,358,500 1,077,189,330 1,851,359,915 348,280,142 2,199,640,057 1,930,190,934 388,296,049 2,318,486,983 '2,316,913^24 663,377,294 4,485,281,791 3,232,090,415 494,761,309 3,726,851,724 4,040,313,652 622,211,465 389,019,719 1,011,231,184 326,002,854 75,574,200 September 566,346,199 33,408,844 599,755,043 611,231,067 284,937,645 1,678,995,327 576,569,963 2,255,565,290 1,669,340,438 756,029,603 1,239,947,257 6,740,847,081 4,901,430,853 5,500,899,824 Series individual limit annual on H. available on one month's notico* purchase of $20,000. previous data 1952 on' Savihgs' Bonds, "Chronicle." see V' 1 footnote on page 263Tr % Sale of c Treasury notes of Series A was terminated Sales of Treasury notes of Series B began on May 15, on May 14, 1953, 1953. Notes ara accrued interest to the 15th of the month and if held two years interest approximates 2.47%. Sale of Treasury notes of Series "C" began on Oct. 1, 1953; the notes are sold at par and accrued interest to the 15th of the month and if held to maturity or two years* interest approximates $2.20 per month for each $1,000 nota. The sale of Series C Treasury Savings notes was to at par and maturity 1953. Oct. or For previous 19, data on Treasury notes, "Chronicle." 1953, see * OF six months 7 91-day page 1470t New Accepted Refunding $ for Oct. 23* on on FUNDS Total Amount Security Total footnote ■:> '/■' USE Type of Dated $ Indebtedness ' $ 65,636,619,126 56,363,459,000 9,273,160,126 Treas. bills 1,600,029,000 1,501,001 ,000 99,028.000 91-day Treas. July 14 bills 1,600,459,000 1,500,291 ,000 100,168,000 1,600,466,000 1,500,709 000 99,757,000 1,601,030,000 1,501,086 000 91-day- Treas.. bills July 28 91-day bills 40-yr. Treas. bonds 821,562,000 821,562,000 2,201,204,000 2,201,204,000 493,734,761 493,734,761 2,414,000 2,414,000 15 Treas. Tax U. S. of Indebt. Savings bds. Depositary bonds July 1 antlc'n Tax 99,944,000 anticipation Certif. 1 Total Aug for 4 notes July 9,920,898,761 395,517,758 1,127,624,275 608,576,955 10,724,440 619,301,395 bills 1,600,114,000 1,501,077,000 99,037.000 bills 1,600,357,000 1,502,017,000 98,340,000 91-day Treas. 92-day Treas. Aug 1 12 V2 May 17 401,577,054 239,168,027 2,773,203 ; ■ 732,407,786 1,865,000 734,272,786" 2,425,370,041 1,580,152,768 15,362,643 1,595,515,411 1,250,790,912 6,152,221,765 5,620,466,420 125,993,778 5,746,460,198 1 9% mos., S. 1,500,393,000 100,342,000 1,600,137,000 1,500,181,000 99,956,000 6,841,414,000 6,84-1,414,000 1,485,574,000 1,485,574,000 ctf.. of Savings Depositary 1 1,600,735,000 bills indebtedness U. ,; bills notes mos. Treas. Tax bds. 487,388,789 487,388,789 bonds— 2,454,000 2,454,000 antic'n notes 241,941,230 896,168,712 Aug 3,917,811,761 Treas. 91-day Aug 25 Aug 6,003,087,000 91-day" Treas. Aug 11 Aug i 803,155,608 179,006,275 982,161,883 424,210,596 6,664,020 430,874,616 266,684,600 502,608,722 437,537,199 28,773,944 466,311,143 658,303,098 368,085,542 1,026,388,640 1,387.695,944 quarter..: 1,697,382,828 813,776,417 2,511,159,245 2,249,443,739 36,483,000 1,424,178,944 71,920,964 2,321,364,703 Total for August 15,218,173,789 14,330,656,000 887,517,783 Sep 1 91-day Treas. bills 1,600,139,000 1,500,614,000 99,525.000 Sep 8 91-day Treas. bills 1,601,163,000 1,500,455,000 100,708,000 99,340,000 15 ' 91-day Treas. bills 1,602,174,000 1,502,834,000 Sep 22 91-day Treas. bills 1,600,313,000 1,503,268,000 97,050,000 Sep 29 91-day Treas. bills 1,600,910,000 1,500,043,000 100,867,000 Sep 1 Savings bds. months 6.598,813,681 2,064,567,329 8,663,381,010 7,869,910,159 U. ' Sep Sep 1 Tax Total Treasury Financing in September UNITED The Secretary of the Treasury announced Sept. 29 that on Oct. 3, the Treasury will offer for cash subscrip¬ tion $2,750,000,000 of 2}4% tax anticipation certificates of indebtedness, to be dated Oct. 11, 1955, maturing June 22, 1956, and receivable at par plus accrued inter¬ to maturity in payment of income and profits taxqs due on June 15, 1956. The books were open only for one day on Oct. 3. STATES TREASURY FINANCING Date Offered Amount Dated Due Applied for $ Total Jun 28 for six months : DURING Total Accepted Price The Treasury Department in September, outside of the sale Bills, Savings Bonds and Depositary Bonds. of Treasury 91-days 2,119,089,000 2,257,759,000 1,600, 029,000 99.611 91-days 1,600 459,000 99.594+ *1.606 July 21 91-days 91-days 2,390,318,000 2,403,294,000 1.600 466,000 99.591 1.601 030,000 *1.541 *1.620 July 21 July 28 July 11 Feb 15 40 yrs, 100 3 8 mos. 821,562,000 2,201.204,000 821 562,000 July 18 2,201 204,000 100 IVb July 1-31 July l 9%-12 yrs. 493,734,761 493 ,734,761 July 1-31 July July 1-31 July 1 12 yrs. 2,414,000 2 ,414,000 Total for July 462,368.680 4,823,000 4,823,000 nine months— 8,471,895,686 7,507,214,000 964,681,68G 69,247,587,362 84,204,416,000 15,043,171,36a (Continued on page 6) , % July above, confined its operations to the for September Yield July 7 July 14 8 462,368,686 notes 65,636,619,126 7 . for 1955 July 14 July antic'n Amount $ : S. Depositary bonds ■ 197,914,742 8,067,824,901 t Revised. . time after 6 months from issue date, has 30, 2,380,243,977 December est For June ■ 63,330,353 110,631,135 4,150,944,787 235,924,122 November 12 bond, Sep October Fourth any H Aug 18 112,141,200 732,106,517 months 47,300,782 1,770,700,810 536,888,359 644,579,063 Nine 576,914,161 502,084,724 >; 154,141,400 quarter income 666,467,810 136,541,342 1,228,659,237 490,437,663 Third current s 20,439,521 August — (NEW) r—New SERIES J AND K—These replaced Series F and G Bonds, respectively, as of May 1, 1952. Series J and K yield a return of 2.76% when hold to maturity*.instead of the former rate of 2.53% for F Bonds and 2.50% for G Bonds. Intermediated yields of Series J and K will ba higher than those of F and G. Annual purchase limit of Series J and K combined is increased to $200,000. July -t!953- 3,821,904,497 months at par Series July 314,624,478 592,872,491 Second SERIES, H beginning June 1, 1952, bearing 3% interest, compounded semi-annually* when held to maturity. Issued at par, Series H will mature in 9 yeara and 8 months, with interest paid by check semi-annually. Redeemable of amounts 1953 466,249,711* ? _• year. I AND 428,921,547 ■ May months. Interest starts accruing at the end ofi" one year. Also the yield is higher in each inter¬ Individual limit on annual purchases has been doubled from $10,000 to $20,000 maturity value. V i July 18 1,970,544,582 First quarter. to 9 years, 8 months instead of July 21 l,092;il7,895 March Overall interest rate raised froat shortening Feb inces, $ 384,282,362 prov¬ threa years six July -1954- r improvement by the Dominion of Canada, its ^ Refunding 5% of semi-annually when held to maturity. Higher the maturity of the Series E Bond Iron* by Capital of Puerto Rico, due from 1956 to No financing FINANCING 494,144,325 February Six the was of the 1972, inclusive. figures since January, $ 10 achieved offering by United States Possessions during Sep¬ tember bonds -1955New Capital Turnpike Authority; County Sewerage Authority of "New Jer¬ sey in the amount of $24,950,000, and the $24,000,000 placement of the Chicago Regional Port District, Illinois. " CORPORATE 99,247,587,362 : suspended $25,000,000 3% % first mortgage bonds, due 1985, dnd of j. SERIES E—Beginning May 1, 1952. to 3% compounded rate 339,594,995 ber, $40,000,000 *2.12* 8,471,895,686 months. 2.9% like Municipal offerings of fair size placed during Septem¬ 1955, included the $89,000,000 bond issue" of the 1, of the Public Service Electric & Gas Co. offering of 250,000 OF 2 yrs. ■ 99.464 * ♦Average rate on a bank discount basis, a Comprised separate series, all of which were changed as follows: sold mortgage sinking fund bonds, due Oct. 1, 1970, totaling $30,000,000; the Pennsylvania Power & Light Co. issue SUMMARY T for Total 9,416,575 r 5,608,274' 239,075,614 ,___ ; Total cumulative preferred stock (par $50) in the amount' of $35,000,000; the Detroit Steel Corp. 4"%% 15-year first tabulation v 41.78 3,104,260 . 663,798,486 468,037,910 ___• August Corp., consisting of 700,000 shares of 4%%; a .99.499 + *1.981 12 yrs. Total $5,608,792 i'.v 336,490,735 June System, Inc., 3%% deben¬ tures, series E, due Sept. 1, 1980; the Kaiser Aluminum present .99.468 + *2.104 462,368,686 A comparison of 419,236,792 May emission of the Columbia Gas corporate financing: ,99.460 + *2.134 1,600,910,000 August's Refunding the Middlesex we 1,601,163,000 1,602,174,000 1,600,318,000 Richmond-Petersburg- (Virginia) Below 2,281,268,000 2,653,983>000 462,368,686 mediate 1955, with 3%% first mortgage pipe line bonds of the Tennessee of 99.422 + *2.088 91-days 91-days 2,317,278,000 shows the latter dollar volume <*as Transmission Co., due Feb. 1, 1976; the & Chemical 1,600,139,000 8 15, 2,327,516,000 of the much larger during Sep¬ 15-year debentures, due followed 15,218,173,789 2,202,139,000 91-days 26.42 312.567,902 t April ■' 17.41 $532,774,905 March c 91-days 9%-12 yrs. municipal financing for the first nine months January February 2 Sep' 29 62.22 much greater than New 22.90% of the month's came tember included the $100,000,000 offering of the C. I. T. 1970. year September I Issues of was September, 91-days of 1955 is set below: iron, steel, coal, copper, etc., issued in the amount of $80,371,400, or 13.40%; other industrial and manufacturing, $49,106,515, or 8.19%; rail¬ roads, $31,108,000, or 5.19%; equipment manufacturers, $21,209,500, or 3.54%; oil, $13,018,953, or 2.17%, and land, buildings, etc., $11,475,000, or 1.91%. Financial for L____ a 100 Sep 22 substantially higher at $650,226,690. Total 42.70% of the followed by the miscellaneous cate¬ was gory which totaled $256,144,450, total 2 a 2,454,000 100 15 15.59 158,434,500 $260,351,520, but fell short period in the prior 100 487,388,789 ' >■ figure of $470,186,565 for July, 1955. A check of the various categories given in our fiveyear table each month discloses that public utility of¬ 1,485,574,000 * 2,454, 000 Sep 22 capital, while $4,218,140 constituted refunding. The total for September last 1 8~ Sep Sep Municipal financing in September, 1955, aggregated $406,088,650,: of which amount $401,870,5io. represented ; The total of all 99.532+ *1.853 Sep 1-30 Sep 1 Sep 1-30 Sept 33.39 176,096,955 36 % 1,600,114,000 1,600,357,000 99.522+ *1.889 99.523 *1.888 1,600,735,000 99.521 ♦1.875 1,600,137,000 2 6,841,414,000 100 14.06 401,070.000 37 < 2,177.713, 000 6,841,414 000 Aug 1-31 Aug 1 9%-12 yrs. Aug 1-31 August 12 years Aug 1-31 Aug 2 years 1 stock issues totaled $160,711,743, or 26.80% in September, 1955, while refunding issues were confined to the small sum of $5,300,000, or 0.88% of the month's over-all dollar 91-days ' 41.61 286,124,000 July August_______ September iLLjjj-r. •" * 24.90 . 129,802,075 , 2,327,804 ,000 2,291,394, 000 2,368,922 ,000 92-days 9% Yiettl Price nine % of Total 178,463,284 172,766,875 '■ _j_ 91-days mos. Aug 25 Total Amount • , May 17 Accepted $ July 28 4 Amount Applied lor Due I' * Aug 4 , .■■v,5-1,5- privately March 1 Stock offerings in or or February >+_.+. , 67.63%, or totaled Date Offered Aug 30 January $405,634,456, while the latter added up to only $28,108,844, 743, $158,434,500, No. of-Issues k J breakdown of the long-term total for September, new and refunding issues, discloses the fact the 1955, months of 1955 follow: 1955, into that t : \ Corporate issues or question.; amounted to equaling 25.24% sues, 72.32% of the grand short-term nature was not a September, total of private route, aggre¬ gating $176,096,955, or 17.41% of that month's'gross dol¬ lar volume, f The current-figure also compares with the September, 1954 total *of $226,205,500 made up of 27 is¬ .volume...; 1955, in (par $100), month's1 grand total. For August of last year a 37 issues were placed through the ' uncovered for the month in A • total dollar vol¬ . offerings number and totaled . Long-term ■ Private refunding issues amounted' to $33,408,844, reached the total, 1955, cumulative preferred stock the aggregate amount of $25,000,000. ? in a 99.566+ *1.720 9,920,898,761 a a 100 2 100 2 yrs. o In the lowing and the for the comprehensive tables pages we compare nine months' on the fol¬ the September figures with those corresponding periods in the four years preceding thus affording a fiveyear comparison. * Total Refundi g ilo lbo 1,9 .05 5 6,250 ■' 3.69203 1.25,0 1,290. 0 '. '• ; rf •;, '■ 10 ,0 0 1,8720 15,9 0 34,50 0 93,6980 46.70, 5,75,0 20, 0 35^0 0 19,40 0 1387447,10.578,066.29QO50 Refundi g 641,0 7,50,0 36,1904 20, 0 6,28,150 r, $ -1958 Capit l 1«,8720 150, 40 27,0 0 57,0940 46,70. 5,75,0 35,0 0 13, 1850 $ New VSFOYTMEPIFHVIANLAABROUCGPDNL19"tT1-~529510854RCNeaofuponwiatdTliRNlgeCNf"uta$napwdilwg/76$418,22039,95.5t0,34,78,b394,7>8.02625/<1I'~—5:6'0:2-.iso"I.*''"-;>-•.■V.I;—1■~-••*"'—;-^•'■498,77433;128,286295I460,13705 6~Ib~6d9Lo"C).402-5'0_—-I.1015,84596.73920351,2784PimCaurDbtnoScvehpCfasolnBldeGwsFptrmfuevhcioddna.tgmrknfl,cy FYOSMTEFPISAVHINTUARBNRHED Total 1,40 , 0 6.175,0 mt - 48,527 10 ,0 18,2350 19,735.0 1.290, 0 1,9 05 5 6.250 27,51.03 1.25,0 a*— - 5,239,69 3,20 27.35 0 5 6,250 1378~5 l03 14,25.0 3,50 16,29 6 51, 098 6 4,019 1,58 715 4,159,20 30 .0 3,81,249 1,8720 20,35908 35,164.019 105,38.15 50.92 0 6,075.0 20, 0 35,o lbo 23,598249 290. 0 - 427,93 850, 0 ^ . "; 380, 0 480, 0 10 ,0 51, 0.98 6 4,019 v1*J\• 1 10,738 15 4,15920 30 ,0 3,90,316 5671,13,2774.20993 641,0 7,50 , 0 4284,97093.3281 37,04 0 20, 0 6,716,083 71.89 43 1,8720 201,64908 27,64019 68,34 15 50.92 0 6,075,0 35,0 . 0 16,8216 418.35,408 70,36158 36427,,57932905 50 ,0 12,390. 30,185 0 5,0 0 3.209,375 59,02 4,250 ~4o~7bo6 240, 0 624,8735 50 ,0 39 ,698 23,450 23.950, 67,941.685 46 ,0 1,47 09 861.0 39 ,698 i7o~7o 1,40938 83,5 41 12.390 368,12685 5.46 0 3,209375 7049^0 5,860 40 ,0 1.0 0 265,3098 60 .0 130,7 .0 465,30 83.05 0 25,9.0 87,52340 793, 240 30 ,0 250, 0 5 0, 0 12,390. 30,725.0 5.0 ,0 3,209375 60715 0 4,250 $ '540, 0 -1953 $ Capitl New 240, 0 20 ,0 1,250 $ ;, Refundi g 124,63 0 68,53 0 32.85,0 23,~45o7»0 23,950 67,941685 46 ,0 1,47 09 861,0 39.698 1,0 0 1,40938 §1,58341 12.390 368, .685 5,46.0 3.209,375 7L62~4790 5,86.0 39 ,6 8 60,0 i.o lo 265,3098 b;c>C " 1,8650 , 5,204.24 63,79108 4,7,412 26,85 48 2,0 0 7,69 50 4,28 ,145 47,50 27,9530 $ — ' ."?• . 1 ' ■r- ; 540, 0 ' 790, 0 Total -1954 ' ; New $ ' 380, 0 480. 0 1,0 ,0 Capitl 3,20 2^5,4360 106,340 3,0 ,0 2,350, 0 10,7 .0 $ Total 6.175.0 I 3.20 28.75 0 5 6,250 152.09, 3 14.250 3,50, 0 16,329 6 5.239, 69 ™'r- 10 ,0 0 12,06 0 $ -195 290, 0 1,0 ,0 3,20 216,83 0 18.40 3.0 ,0 2,350, 0 10,8 0 $ 130,7 .0 529.10, 8 5,267,412 102, 6312 20 ,0 1,25,0 2.109, 5 48 7,590 60 ,0 92,7 64 1,98465 L24.6320P 72,8415 39,8150 47,50 0 5,204 90,24167 6,08,0 456,28 963 5,267412 69,34.08 27,59 0 60 ,0 45,7 64 'I-!:•■; ISCONORGPUEREUAFWTPI 05-_ FAGFORVOCERMNEPIGNTA,T, 1:9r*5 I905,3826^.326,9077"8 : —r—'--, 593,754608,19 1,98142,3607frobSmuanticfpuolteyndsides 'TRoNCefatueapndilwt.gl 464105- —- —_GovernmtI- 6L5103,I248725 manufctrig— —heoldtcin.g,— manufctrig hoeldtcin.g,— — —manufctrig hoeldtcin.g,— manufctrig—_ -hoeldtcin.g, Capitl 6,08 0 396,840 790, 0 50,76 0 25,9 0 60 ,0 $ New Total ,.. 30 ,0 40,2340 520,4390 250, 0 5 0, 0 59,30.963 4,7 412 19,6 048 2,0 0 "30 ,0 0 '• ' ' - _ Refundig 20,95.0 $ -195 ACHNARDTE OSUMFARY 6,158 4 87932628,4,14,90376865 61,2307 650, 0 75,94 50 ,493710 23,59 315 418,953 1673~8 ,625 16,0 743 31,08. 0 256,14.50 80.37140 21,0950 49~l06.5l 13,08953 1,4750 137.2 5 59,75043 31,08. 0 180,5 0 31,0 0 21,0950 25713.20 12,60. 10,8250 120,93760 43,7 30 $ : 5,0 ,0 1,0 0 28,10 84 . . _ 1,30,0 3,408 4 6,158 4 70594. 0 49,37140 23759,315 418,953 650, 0 167083,625 160,7 43 31,08. 230.194,50 80,371.40 21,095 4279 .61 13,08953 1,4750 136,02 5 Capitl 31,08. 159,60 31,0 . 0 21,095 19,354 6 12,60 10,8250 19,3760 405,634 $ — New 56,3419 ) SEPTMBR ^°Eonirb-otanenortdesas stockl istock foreign—_bonaontdedss stock corpate BfInaternaiokl and°Gov^TeliA•M^cicnl?t—SftaesPSostaeiens 1toa"include^l figuresdont SEPTMBR NBotoeans-ds utiles ecctoo.p—al,,manufctres oie indaunstdrl bueildtcngs, ttrraudisng,,Miscelanous NBotaoesn-ds utiles eccotpoa.l,,manufctres oi— inadunstrdl lauideFtncgs, ttrraudsing,,Miscelanous utile_s eccotopal,,manufctres ories inadunstrdl bueildtcngs, ttrraudsing,,Miscelanous utiles eccotopal,, manufctres Iories inadunstrdl bueildtcngs, trtarudisng,,Miscelanous sceocurpritate c?JZ"n OFMONTH Corp ate Pref red Com on •tESSjj Other Long-term Short-e a Pref red Grand Total {Candian "mraFL«» United •These OFMONTH Long-Term Railroads Public Irsoten,l, Equipment Maotnords Other Land, Oil Ship ing Investmn Total Short-Tem Railroads Public ste l, Equipment Maotnodrs Iron, Other Land. Rub er Ship ing Investm n Total Stocks- Railroads Public Irsoten,l, Equipment Maotnords Other Oil Land, Ship ng Investmn Total Total- Railroads Public Isrton,e l, Equipment Maotnodrs Other Land, Rub er Ship ng Investm n Total Total $ 3,72.13,58 5,796,0 428,10 856 89,56785 2,50 , 0 9,46 ,250 5,0 .0 174*50, 08 Refundi g 276,04962 70 ,0 98,0743 9,750,50 2,7 1,50 $ -IBM Capit l 3,461839 New T= Total $ M50",0 8 1,5869740 Praovinncdes 1,680 1,093.4~ 70 269, 4568 4,26 30 3,4035 438,61386 3,850, 0 21,350 4,27 5920 20,3570 36.92,453 81,5904 26,0 0 62,5182 117,,9,334595680446929 DtCoohamnineffd, its 50, 0 56,1820 120, 3650 36, 043 3,085 9621 23,950 70, 0 85,0 0 3,85 645, 41,850 1,6870,C Capit l New Total 89,3682 "■ $ 128,50 Refundi g 14,956 1 201,250 7,65,430 3,160,483 4,860257 10 ,0 0 1,90 , 0 606,0 0 150, 0 1,0 ,0 1,40 5,096,0 5,065, 0 47,82 1 72,5 927 2,56 ,0 9,40 ,350 695,0 25,80 38,24035 731.65048 28,53715 395,20 4 97,81379 390, 0 3,194,873 28,31750 103,547 6 42,164.0 2,58 0435 539,26 5 16,0910 1,74530 405,3670 17,6350 63.2L750 397,24 6 New 3^025,0 $ 60 ,0 0 Capitl 196,530 1,63740 163,89260 20,34875 2,84,0 1,0 297453 74,39132 31,6890 102,750 2,80,0 24,95267 Refundi g 541,76308 4,80,0 16,79583 5,08,20 $ Total 42.1640 1,8492 50 510,72650 16,0910 60^93 45 306,8531 7,2450 132,0 0 35,0 0 268,5970 3 1,3 - 323,,7746259066418598 4,8951,3 90,0 0 Refundi g 20,739.0 1,841,0 85,20 169,82 13 6,457,925 20, 0 57,0 250 541,76308 -.v. $ -1052 Securites Capit l 23,450 1,846 7930 425,06 16,0910 1,670231 30,4 386 17,50 12,0 35,0 .0 21,59670 4,357 03 ;y->- 1,0 ,0 V 2,56 ,0 27,920 1,625 7 0 20,350 28,059375 804, 20 41,83240 16,07285 27,60 375~6]5 921,3560 TiC / 132,140 361,9078 25,16398 1,450, 8 ~143",0816 6,4895 1,084516 201,59 0 2,1054681 236,41587 20,34 875 2,84,0 1,362894 0 9,65 30 32,8140 104,7508 2.80,0 10,34186 29,82635 135,94873 1,38.6592 9, 49,60 963,40 8, 91,850 3,720, 0 ■■■ 1,327,93 24,85 73 20,7390 1,7906 86,1340 90,0 0 183,5983 10,7925 '20, 0 58,32183 25,80 3,4035 721,085 27,5375 386.0,394 94,03719 390,0 3,194,873 28,3~L750 102, 983 23,450 2,5701385 453,08 25 16,09.10 1,580 61 395,18 05 17,54 0 15,94873 63,21750 39, 6583 4,60 ,350 695,0 37,40 13,96 0 1,20,0 50 ,0 $ : 28,3690 4,82,0 62,15 930 2,730,50 1,0 ,0 1,476053 10,59483 18,3970 60,9260 9,27,640 13,82065 16,3072 35, 05 3,872,0 1,0 .0 78,3 953 4,80,0 New Total 2,800 - 1,286049 70 ,0 0 4,80 , 0 -V $ FYS3ENMENOIOIAVDP0RTTHES. 42,167 27,846 98 132,40 1,450, 8 1,341756 7;96,012 219, 250 2,174 81 245,69287 34,1650 2,84,0 1,5294 67 134,90 3 36,03140 104,75.08 0 0 1,34186 371,2 58 Refundi g 18,3970 31,9570 4, 9,640 13,82065 1047 5/97 32,50 0 3,872,0 6,8290 $ 50, 0 67,850 120, 3650 1,45670 3,54981 23,950 1,4 0. 0 5,796,0 5,065, 0 503,218 7,403927 2,50 , 0 $ -195 150, .0 23,850 36275,0 2,14 0582 4,76 19,3 38,24035 45, 096 904, 5023 128,50 3,850, 0 24,360, $ -1052 8,9417025 municpaltes. 30,9 0 10, 76017 50,86 015 5,096,0 30,14 23 679,83625 2,50 , 0 6/74 ,750 5,0 ,0 $ 150, 0 254,8 0 1,480"32T0 2,19307,19 606,0 0 250, 0 214,970^ 1,65720 168,2 90 34.16,50 2,84,0 1,04 3,250 106,89312 35,610 102,750 2,80,0 291,8576 $ Total 1,368029 75 ,563 184,650 20,3570 720,59843 42,613 58 136,403 85,267538 182,93146 7,01267 27,920 2,35947063 24.95, 8 28,059375 942, 503 497,5 .938 16,830 8 27,60 0 20.431,26 1,8309,127 4,3015792 Refundi g 31,0 0 21,40 630, 0 i40-,~2rli715 1,349,0 i,2O 76 4.51,30 14,89260 14,956 1 1,2430578 1,854, 19 10,83591 31,0 0 28,946 05 630, 0 40,7 179 2,07 ,025 723,46 721,025 Obao o 201,250 201,250 7,536,905 184, 750 75 .563 712,5 938 42,61358 135,67983 84,5613 182,93 46 75,180 196,720 2,306 158 24,35 8 28,05937 901.68,324 495,2 13 16,830 8 26,40 2X5,97 46 1,6.07 58 4.~5T30 16,948369 43.68,67527,200815199862 b5674,:131,046282,42579,5090810739397.85 T*"10,140.29567,57832'"3468DFRGfeo1BIevcoanovtndelsrtpdrumrmiaik.ll. CISORPUEAT NCTRaeofputinwtdlg 9116,7050 271,083861,654349 164,172,932095804735 MESNFTFYLMF3AOGIUOIHADVNAVPECR0RRTPDMG.LT, 1954$$_740,2,83608253179.546:;-13802.7,,083195975I242—1.9673141,5,60274528893 *•15,037'—v1>05,3■:.»2,—145 426263,1,059877.84 2479,15602—8136,5.4970 -5.2789 3961,045•24;1708,r75".83623-91',75024. $ -1958 $ 62,51.82 Capit l 4,159035 20,1570 356,2703 815,43021 New Total $ 4,571^, 10,45 0 648,3125 679,53769 26,0 74,10 50,; 91,27950 ■ /. l,13od2,79 128,5948 7,94,348 685,0 -1054 1 Refundig 3.4,56792 520,3.140 Capit l 10.45,0 671,2941 73,250 50,0 91,2750 New ■, 18,0 0 948725^0 7,514 05 $ -1953 TFSUTHONAITEREED 67,80 219,8450 3,761 093 41,850 70, 1,3870 4,96280746 98,0 0 Capit l 196,720 1,604 72 19,6750 28,05937 764,~8T4i 410,8340 16,072.85 26,40 3,04870 906,4390 New Total THE IN 978,6350 1 ,741 37,40 13,96 0 1,20 0 50.0 $ $ 4,186035 325,io0 2,34587,0 475,3150 24,83750 63,40 0 528,364521 56,87.50 12,548 0 1,0 0 50, 0 528,3740 4,621537, 1 20,157 50 ,0 0 1,350, 0 426,950 1,2340965 38 ,50 173,2 4 173,2 4 5V,7142655,.69200341^9T8I 109,50 1 ,0 0 750,28493 53,41597 268, 0.839 4,156204 6,714,854 16,03157 124,385921 1,4968,54 325,71960 3,05 72,638 528,75 097 24,83750 63,40 0 79,54 360 7,382704 19,263 54 1,38 50 216,03157 61,893 21 6,152 ,765 98,0 0 359,7 .0 4,853106 5 t122,9.05154*6'74, he 6,7408-1.1,239475 ONGARENUFPWID FCORPEIGANT, RCNeafeupniwtdilg —dbJoan—notess . —. anontesd— - . and - stock*.-' stock.— Governmt-. governmtGv. Pose: bfiunopctalyideneset S3EPTM0BR N$oteasn—d 152,3470 9 ceoptr,21m,an0ufc5—es6 ori.^ ma9n7u3fctrig10,85 i4.o 920 ^5, htroealdticng.,91 3,4807296 Noatesn-d1—18,590 37ecotp—r,manufc-es ori—-17m5an,u0fctrig—_ 20, htroealdticng.,6. 75,40- . 580,39461ec7otpr,manuf0ces32851—ori manuf6ctrig;47,089 3 5264 10,.9 htroealddtiicn8ngg.,,375 1,94267 53*,0. 16927\48 ceotp.r,manuf 391,0a5ce2sori87m'ja4nufc-trig 8 150.764,39 >—h8torealdti0cn.g,1346— 5,0s8e9cu2r4it SEPTMBR Tofcal ;« . 4,59206,3 91,750 47,3761 1,49560,38 •34,50 7930,982 Refundi g 1,45682 3 16,05 0 5,634215 2,580419 $ • 40,130 23,50 0 1.752, 19 3,9548 29 4,30,0 6,0 ,0 980,35 19 64.253,964 and States 5,089 24 40,130 17,50 71,6dQJ0 3.890,6453 4,30 0 10,2538 Capit l 3,4679 75,450 392,0 .546 1,4730219 34,50 79,30982 $ New 30 OSUMFARY n: framoougnicenpalftecys CHAR TE agencis. &ccit.es, seion »vt. ? , sSLong-term hort-em tock-. stock bonds stock stock foreign— bonds corpate.—- BflIntaernaioklCandian foreignLoaannd •Municpal—Stes Staes toal-, fdiguores END DtCorp ae- omestic—=s Pref red Com on Candi - Long-term Short-e—m Pref red Com on Other Long-tern^Short-em Pref red Com on MONTHS - 9 ;i ' . , . • Grand Total . § Other Farm United •These Bonds coal, indausntrdl bueildtncgs, — Intvreustsmn,Miscelanous _r SBhoornt-Tdesm Railroads utiles cstoeall,,Equipment and indausntrdl bueiltdcn.-gs, Itnrveustsmn,Miscelano—us * Railroads :utiles cstoeall,,Equipment and indaunstrdl bueildtncgs, Intvreustsmn,Miscelanous Railroads Utiles sctoeall,,Equipment and indausntrdl __ bueildtncgs, Itnrveustsmn,Miscelanous corpi-te END MONTHS Long-Term Railroads PUutiblleics ste l,Equipment Moatnords 9 Iron, Total Total other Land, Rub er Oil Ship ing Public Iron, Motors Other Land, Rub er Dil Ship ing Stocks— Total Public Iron, Motors Other Land, Rub er ail Ship ing otal— Total T Public Iron Motors Other • Land, Rub er Ship ing Oil 6 (2646) The Commercial and Financial Chronicle (Continued from 000) page 3) Issued Retired • six months— 35,340,050,000 $ 34,756,024,000 bank repay loans Price, ■Corp. 584,026,00C 105% *, ; Sept. 339,906.000 —-—-j.- 227,125,000 112,781,000 150,629,000 13,130,000 1, for July 263,410,000 353,036,000 1 89,626,000 v Power 1985. 474,013,000 152,265,000 140,150,000 .First - 886,172,000 • 12,115,000 . Total for August 614,163,000 1,512,450,000 * & Cooley r 954,025,000 662,396,000 Notes Total for 111,600,000 1,065,625,000 nine 1,224,748,000 Service Canal Zone Retirement Fund, Foreign Retirement Fund. Alaska System, Government Life Service Railroad Retirement t ; ; Insurance Fund, Federal Deposit Insurance Corporation, Federal Savings and Loan Insurance Corporation. tNet retired. Clark & Co.; Moore, Co.; »privately for First new interest. Offered Sept. 15, 1956-1970, equipment. Price, to yield from 3.30% to to maturity. Offered by Halsey, Stuart Inc.; W. R. Co.; Wm. Hutchinson Yantis Co., & & Co.; Mullaney, Inc. ♦7,965,000 Pennsylvania & & Co., , Wells & Co.; F. S. ■;V.v. ■,>-■■ RR. 3]/s% ■; equipment trust certificates, 1, 1956 to 1970, inclusive. Purpose, for new equipment. Price, to yield from 2.90% to 3.25%, according to maturity. Offered by Salomon series DD, Bros. and & due Hutzler; Stroud & ♦4,200,000 Reading Co. to mature Purpose, to and & to to to Corp.; certificates, series X, and including Oct. 1, 1970. Price, to yield from 2.90% Offered by Salomon & Co.; Union Securities 3'/a %.' equipment annually Sept. 1, mature for trust 1956 equipment. new • Corp., 1970, to yield ;i in¬ 3.25%, according to maturity. Offered by Halsey, & Co., Inc.; R. W." Pressprich & Co.; Baxter, Stuart Williams & Co.; Freeman & Co.; Ira Inc.; Wnii E. Pollock & Co., Michigan Corp.; Hutchinson & F. Co.; S. and Yantis & ' | '■ , Haupt & Co.; The Inc.; First of Inc.; McMaster PUBLIC Gas Sept. new 1, Inc. to debentures, bank repay series loans and lor Co. S. Bleichroeder, Aspden, Robinson Inc.; Arthurs, Lestrange & ! ' / : ' ' body Auqhincloss, Parker & Co.; Burnham and Co.; ,' . !» < First • Gregory . ! Co.; Harrison & Co.; Ira Haupt & Co.; Heller, Bruce & Co.; H. Hentz & Co.; Hirsch & Co.; Hornblower & Weeks; Hulme, Applegate & Humphrey, Inc.; E. F. Hutton & Co.; Indianapolis Bond & Share Corp.; Investment Corp. of Norfolk; Kaiser & Co.; A. M. Kidder & Co.; KormendL& Co., Inc.; Ladenburg, Thalmann & Co.; John C. Legg & Co.; Carl M. Loeb, Rhoades & of Iowa t • ! ♦ ■ ] ' A. f > * * K \ Masten O'Connell & Copeland f; 1 E. Foster & Marshall; Inc.; & < & Wm. Co., E. Inc.; Co.; Co.; Mackall & Hutchinson & Co.; McMaster Pollock & Rambo, & Co., Close Inc.; & & Rippel L. Parke; F. & Co.; Rothschild Schoellkopf, * Inc.; Scott, ' Shaughnessy and Co., Inc.; Shearson, Shields & Company; Singer, Deane & Moore i ' Stix • & Horner Co.; & bardo, A. Co.; Yantis & The & Inc.; Scott Sept. with Gas a Leach; & Stroud Thomas 1975. Co.; Co. Purpose, to Price, at par. & Co.; and Telephone & bentures due Sept. ance ^ privately nev D, Co. due etc. Co.; of Missouri July 1, Placed Light Co. Purpose, Price, 3.60%, first 1985. Purpose, privately Corp. privately Co. with New v /. York for England ;" ' - r . > ' through Blyth & Co., Inc..' 41/*%'" serial note 6% convertible due / June debentures to repay bank loans Price, etc. 100% and accrued by 1, Hallowell, & due for and Sept. new interest. con- Under¬ &, xorx Co., Boenning & Suplee, Yeatman & Co., Inc.; Co.; and Bache & Co. Over¬ Sherrerd; Sulzberger & subscribed. 3,000,000 Giddings due note gage Machine Lewis & 1970. Tool Purpose, Co. 4% 15-year mort¬ ($1,216,000) and refunding for acquisition of Cincinnati Bickford Tool Co. ($1,784,000). Placed privately with Provident Mutual Life Insurance Co. *1,000,000 Hagan for Corp. promissory Placed through 438,200 Interstate • 4,/4% expansion. pany Deane corporate purposes. 1, 1965. by without 15, for_ subscription company 1970. Inc. 5'/4% Purpose, to first working capital. Offered by The Ohio stockholders, bonds, Price, 100% Company and and bona to due for fide Sept. expansion accrued interest. residents of Completed. *5,000,000 McCall Corp. Purpose, other with 4%. sinking refunding corporate sachusetts Life Oats due and Life Sept. 1972. expansion and Placed privately Insurance Insurance 1, for ($3,379,000). ■" ■ *200,000 National notes ($1,621,000) Mutual Mutual Inc. fund purposes John- Hancock Co., mortgage bank loans repay and Ohio. by underwriting. 1,000,000 Macomber, ; 1971. Purpose, insurance com¬ an Corp. 5V2%-. .convertible debentures, Purpose, for working Capital and gen¬ Price, 100%; of principal amount. Oct. Offered ,v. with Scribner. & Amiesitc due , due note privately Singer, eral , Co. Co. and through Mas- Blyth & .. Co., 414% promissory note due 1967. Pur- pose, lor expansion of the company's business. Placed privately with The Mutual Life Insurance Co. of New York. - *1,500,000 Pabco Products, Purpose, Life *1,250,000 for Inc. 3.85% expansion with Insurance Co. promissory notes and working capital. Life ] Insurance Co. Metropolitan New of York. due 1975. Placed and pri¬ Mutual \ kinnetanuer note due July 1, Pea¬ mortgage- for privately with raper Co. 37/s% promissory 1976. Purpose,, for expansion.. Placed Hancock Mutual Life Insurance Co. *2,500,000 Warren construc¬ through Kidder, 3%% to first bank repay 102.31% mortgage and loans accrued bonds and for due new interest. Brothers Purpose, Pea- series A-55, due 1, Ohio. All sink¬ 1975. Purpose, Price, 100% The Ohio Company sold. 4Vle% promissory notes due 1971. ($2,033,250) and for working capital Lile Placed privately Insurance with the New England Mu¬ Co. \ $25,513,200 OIL Of¬ first mortgage Aug. Co. refunding ($466,750). $600,000 Boren Oil Sept. Gas & 15, Offered ♦12,000,000 by Natural Purpose, at.par. Insurance to subscription by N. Gas R. Co. debentures, by Neal 4&% notes repay Placed convertible due for development program and Price, 100% of principal amount. for company 1970. 6% purposes. Underwritten Three States Price, to Corp. Purpose, 1975. other corporate holders. Telephone Co. 3%% bonds, of New Purpose, Butcher tual & Reserve fund and John 1985. & promissory notes, for and privately stock¬ common Co. working with, the New due capital. York Life Co. & & W. C. loans and Stern Bros. Telegraph 1, 1975. with John & Co. /%:,! & new Co.; 3%% - , , , ' ' • ' & expansion, Life Northwestern construction, Mutual Life etc. Placed Insurance .,$125 ,000 - Oct. 1970. first Purpose, 98.69% ' and Auchincloss. Baxter, & Burns 1, 15-year mortgage to accrued prepay, sinking with Co. 2,000,000 Mississippi Valley Gas Co. 4»/,%' convertible subordinate debentures due Sept. 1, 1975. Purpose, refunding ($1,500,- Congregation in interest. Parker Williams & Incorporated; ,Co.; Bros. Stockton & & Redpath; Co.; Bear, William Broome Stearns Blair & Ball, Co.; & Under¬ J. Sons; Grimm ; & Mason, & & , & Co.; Inc.; Co.; Co.; Stokes &. Co.; Walter Mary due Offered to Price; Dempsey-Tegeler by Baptist Church Wichita of (Kansas), 33/4%-4'/4% mortgage bonds, series A, dated Aug., 1, 1955 and -semi-annually from Feb. 1, 1E57 to and including Aug. 1, 1969. Purpose, for new construction. Price, 100% and accrued interest. *600,000 Metropolitan Offered by Sept. 1, 1970. Purpose,, for Placed privately through Rambo, and Mortgage Associates, *600,000 Metropolitan < - Ira Hospital 300,000 Sisters Inc. the from due & semi-annually March inclusive. Purpose, to repay Motherhouse the of Order. . j 20-year first mortgage note finance construction of shopping to privately with Goldman, prudential Sachs & Insurance Co. " Hopwood. Stokes 3Y4%-3.85% due 4V4.% Inc. through • - , Massachusetts of notes 1970, General Placed * 1, Purpose, America Jaffray • Cross serial Center, 1975. center. of Holy March to 8,700,000 Southdale . ; The of obligation 1956 loan . ■ Co. etc. Inc. Pa. first mortgage Purpose, for new construction, etc. Placed privately through Rambo, Close & Kerner, Inc.-and Mortgage Asso- 1, . & loan. direct • Ziegler debenture bonds construction, Close & 'Kerner, new Philadelphia, of elates. Inc. Co.; C. B. Hospital of Philadelphia 5% due and Co. Piper, , Stroud & Co.; Co.; Co., & of notes, construction. due C. Saunders, Stiver\& Co.; Scott, Horner & Shearson, Hammill & Cb.*. Shields & Com¬ Starkweather pany; interest. Heart serial new and Corp.; Roger S. Palmer Co.; Patterson, Copeland & Kendall, Inc.; Wm. ,'E. Pollock & Co., Inc.; Prescott, Shepard & .Co— Inc.; R. W. Pressprich & Co.; Raffensperger, Hughes & Co., Inc.; The Robinson-Humphrey Co.,iInc.; L.-F. Roths¬ child for first Anderson;]'Gregory Co.;-Hancock. BlacRstock & Co.; Co.;'Hirsch & Co.; Johnson, Lane, Space & Immaculate 3%-3>/i% Purpose, accrued ETC. the of Co. & Denton, & Sons Province 1961. and 500,000 First Burge & Co.; Co.; BUILDINGS, of Western 15, 100% part, Burnham the Aug. . Inc.; Johnston, Lemon & Co.; Kenower, MacArthur & Co.; Kormendi & Co...Inc.; Ladenburg, Thalmann & Co.; Mackall & Coe; Mullaney, Wells & Co.; New York Hanseatic ' ' 4%% & Co., Inc.; Thomas .& Co.; Van Alstyne, Varnedoe, Chisholm & Co., Inc.; Werthehn Arthur L. Wright Inc. & Co,, * Inc.; and F. S. $10,325, 000 Yantis -MISCELLANEOUS • % . - * $3,662 600 Aldens, H. * . , ♦1,000,000 Minex .Corp., Ltd. (Canada) 1%, convertible notes' due 1965. Purpose, for exploration aJid investments. Placed privately with a small number of United States »and due Inc. Sept. capital. 4*6%- 1, 1970. Price, convertible -Purpose, 102% * of subordinated for expansion principal amount.- debentures and working by Offered , Canadian investors through Lehman Brothers. v . company , for subscription-by portion . (3170,600) subscribed • etc. Insur¬ privately ETC. Halsey Stuart & Co. Inc.; A. C. Allyn and Inc.; American Securities Corp.; Aspden, Robin¬ Co. Haupt <fc " sinking fund de¬ for Mutual COPPER, Inc.) Bvrd Brothers; Central Republic Co, (Inc.); Clayton Securities' Corp.; Cohu & Co.; Julien Collins & Co.; Courts & Co.; Cunningham, Schmertz & Co., Inc.; Dick & Merle-Smith; Emanuel Deetjen & Co.; Fairman, Harris & Co.,: Inc.; Freeman & Co.; Goodbody & Co,; Green, Ellis & Inc. ; & Corp. due Co.; Blair construction. Co. Purpose, & Bradford Co.; 1975. COAL, Price, by Kraus; Noel for Hancock note. son : Stringfellow; Pitfield & Co., bonds Company, sinking fund debentures, refunding. Placed privately and Steel written Schmidt, & STEEL, fund Pomeroy, Hammill $12,600, 000 RFC New- privately with a group of insurance institutional investors, through Union Co for loans Stroud & Co., Inc.; Warren vv. Hulme, Applegate & Humphrey, Inc.; Inc.; mort¬ Kidder, of Lime 1970. written Sachs $30,000,000 Detroit Coe; through Kidder, Peabody & Co. •1,000,000 Illinois Telephone Co. 3^% first mortgage bonds due 1985. Purpose for new the 1, Co. LAND, Robinson- Co.; sinking fund debentures due bank Placed *700,000 Home Placed & Co. 37/8% repay Corp. Purpose, through Placed Insurance Industries, .Inc. struction, ; ■ of Co., Inc.; Stubbs, Smith & Lom- Purpose, companies and other Securities 1, IRON, & of insurance companies. group 1985. privately first bank v''-' 800,000 Eastern Co. residents Co.; Weeden & Co., Inc.; Harold Co.; Arthur L. Wright & Co., Inc.; and F. S. Co., Inc. Oversubscribed. Service 3.60% to retire Purpose, for expansion, etc. Placed privately through <fc Co. Incorporated and Cohu & Co. Blair Sons; $180,550,000 Smithers & through White, Weld *7,000,000 Inc. by & 1, Kansas, July 1, repay bank loans and for improvements. and accrued interest. Offered *9,000,000 Continental Telephone Co. 4Ms% due 1970. Hemphill, -Noyes & Co. & Co.; W. E. Hutton Kidder, Peabody & Co.'r to Mul¬ Scribner; Smith,; Sc Co.; Stern Brothers & Stifel, Nicolaus & Co., Inc.; Walter Stokes & Co.; J. S. S. Stokes Inc.; Wood Mason, F. Strauss & Co.; ' & Agee Sterne, & Hutton 5 Co.; Placed Telephone Western ing Co.; Raffensperger, Hughes Kerner, Inc.; Rand & Co.; 1 ! 500,000 Co.,.Inc.; Gardner; Roberts of due 1 ; , sinking fund debentures Co. Eastern Hutton Inc.-; * V ; 5% Purpose, expansion. Life Insurance *500,000 by The First Boston Corp.; Blyth & Co., Inc.; Gold¬ & Co.; F. S. Moseley & Co.; Gregory & Sons; Tucker, Anthony & Co.; Kean, Taylor & Co.; Granbery, Marache & Co.; Hayden, Miller & Co.; and Stokes & Co. Corp.; Homer Co., Inc.; Pacific Northwest Co.; Patterson, Kendall, Inc.; Peters, Writer & Christensen,' Humphrey Poole, f Sc Sons; Granbery, Marache & Co.; Hallgarten & Co.; Hallowell, Sulzberger & Reinholdt i j Freeman Co.; F. - - Inc.; & 1 expendi- Equitable Life Assurance through Dillon, Read & States ■ 1957-1970. & Sons; laney, Wells & Co.; W. H. Newbold's Son burger, Loeb & Co.; New York Hanseatic ■ j":' i & & • I Corp.; Garrett E. Co. D, etc. series Power man, Burns Bros. & Denton, i Robert Brown fered Brothers; Chace, Whiteside, West & Winslow, Inc.; Clayton Securities Corp.; Coffin & Burr, Inc.; Courts & Co.; Cunningham, Schmertz & Co., Inc.; Shelby Cullom Davis & Co.; DeHaven & Townsend, Crouter & Bodine;' Dick & Merle-Smith; Elkins, Morris & Co.; Clement A. Evans & Co.,' Inc.; Fauset, Steele & Co.; Ferris & Co.; . & Co. series construction. „ Inc.;- Byrd J Alex. Co., & ties -- Co.; Co.; Broomer <fc Co.; Blyth Co.; Telephone & Sept. & Co.; & program, Ball, Bulge & Kraus; Barret, Fitch, North Baxter, Williams & Co.; Bear, Stearns & Co.; A. G. Becker & Co., Inc.; Blair & Co., Inc.; Bosworth, Sullivan & Co., Inc.; J. C. Bradford & Co.; Stockton & . Inc.; bonds, tion 415,000,000 Utah & Co.; Watling, Lerchen & Co.; Weeder Wertheim & Co., and Dean Witter & Co bonds, Redpath;, Bache i Walker '•■750,000 United construction. and Weeks; Illinois construction, body & Co. E, Price, 100% and accrued interest. Of¬ by Halsey, Stuart & Co., Inc.; Adams & Peck; Allison-Williams Co.; Anderson & Strudwick; Arnhold > - Smith, H. gage 3%% Purpose, & The Stone for vately UTILITIES System, 1980. pose, Oversubscribed. fered t Co.; •600,000 United due William Blair & Sullivan & Co., Inc.; Thalmann & Co.; W. C. Langley & Co.; Lee Higginson Corp.; Lehman Brothers; Carl M. Loeb. Rhoade.1& Co.; Irving Lundborg & Co.; Laurence M. Marks & Co.;' Mason-Hagan, Inc.; McCormick & Co.; Merrill Lynch Pierce, Fenner & Beane; Merrill, Turben & Co., Inc.; The Milwaukee Co.; F. S. Moseley & Go.: Mullaney, Wells & Co.; New York Hanseatic Corp.; The Ohio Company; Paine Webber, Jackson & Curtis; Patterson, Copeland <fc Ken¬ dall, Inc.; Peters, Writer & Christensen, Inc.; Phelps, Fenn & Co.; Wm. E. Pollock & Co., Inc.; Prescott, Shepard & Co., Inc.; R. W. Pressprich & Co.; Putnam & Co.; Raf¬ fensperger, Hughes & Co., Inc.; Rauscher, Pierce & Co. & Mullaney, Wells & Company. 331,108,000 4540,000,000 Columbia Int..;: capital Die Mutual Ladenburg, G. Co., Co., Co. due for *3,000,000 Cutter Laboratories 4Va% loan due Aug. 1, 1975 ($2,000,000 t. containing sinking fund provisions amd .$1,000,000 carryi /V': ,ing a conversion feature).v Purpose, refunding ($988,594) ■"r. and to retire bank loans" and for working capital ($2,011,406). Placed privately with .The Mutual Life Shuman, Agnew Barney & Co.; F. S. Smithers & Co.; Wilv ham R. Staats & Co.; Stern Brothers & Co - Walter Stoke? & Cot; Stroud & Co., Inc.; Swiss American Corp.; Thomas & Co.j^Spencer Trask & Co.; Tucker, Anthony & Co. ?Underwood, Neuhaus & Co. Inc.;. Union Securities Corp.* Van Alstyne, Noel & Co.; Vietor, Common, Dann & Co.: from to Illinois Securities' & Webster Halsey, Stuart- & Inc.; Hayden, Co.; & certificates, to Price, by ,Stone Co.;"- & Inc.; Reynolds & Co.; Riter & Co.; The Robinson-Humph¬ rey Co., Inc.; Rctan, Mosle & Co.; L. F. Rothschild & Co. Rowles, Winston & Co.; Salomon Bros. & Hutzler; Schmidt Poole, Roberts & Parke;-Schoelikopf, Hutton & Pomeroy. Inc.;; Scott & Stringfellow; Chas. W. Scranton & Co. Shearson, Hammill & Co.; Shields & Co.; Inc. Co. Purpose, Securities maturity. Drexel Co., Pacific Union trust equipment. Hutzler; RR, 2.90% equipment new & Co.; inc. Co., according Stroud clusive. & semi-annually ♦9,390,000 Southern series Nov. Drexel 3!4% for 3.25%, Bros. annually Co. Hornblower 3.70%, Pressprich & Co.; L. F. Rothschild & Co.; & Co.; Gregory & Sons; Ira Haupt & Pollock & Co., Inc.; First of Michigan Corp.; E. Weld ; Buell - & accrued United Inc. 1 ; notes 300,000 Conlon-Moore Corp. 5%. first mortgage sinking fund bonds, series A, due Oct. 1, 1967. Purpose, reefunding. Price', :l * 100% of principal amount. Offered by Illinois Securi* ' and promissory to repay bank loans and Placed privately with The written & Co.; Gregory & Sons; Hallgarten &c Co.: HalloSulzberger & Co.; Harriman Ripley & Co., Incorpo¬ rated; Williams McMaster 101.06% Christen¬ Price, 100% and accrued interest. Under¬ by The Ohio Company. All sold.* 'V;;'i ) & Machine Co. 4^4 % promissory note due semiannually 'March 1, 1959 to Sept. 1^ 1965, inclusive. Pur-',. , Burr, well, trust certificates inclusive. Purpose, for according Baxter, Price, & working capital. . , *525,000 Republic Co. (Inc.); Clark, Dodge & Co.; Coffin Inc.; Courts & Co.; Dick & Mede-Smith; Dillon,, Read & Co. Inc.; Dittmar & Company; Dominick & Dom inick; Drexel & Co.; Eastman, Dillon & Co.; EquitableSecurities Corp.; Estabrook & Co.; Fauset, Steel & Co.: The First Boston Corp.; First Southwest Co.; Freeman 6 Co.; Fulton, Reid & Co./ Glore,- Forgan & Co.; Goldman equipment annually new construction. . Underwritten & Sachs 3%% RR. .; . Bosworth, by Coffin <fc Burr, Inc. Central Boston Drexel 4% ^ ;'y \due Aug: 15, 1970; Kaiser mortgage investors'through Corp. V-^ Co. 400,000. Broughton's Farm Dairy, Inc. ; f Central ♦2,053,000 Maine Central RR. 5% first mortgage and collateral bonds 'due April 1, .*980. Purpose, to acquire European & North due "first W.) SocietyoL the * . Co. program. Placed institutional White, Blair RAILROADS t7,500,000 New York 3?,is %- Co. Offered by Peters, Writer Garrett-Bromfield & Co. and (E. tures. :.f V Kay-Richards & Co; Light MANUFACTURING debentures, second series, due Aug. 1, for new Purpose, plant.' Price, 100%* and Purpose, Lynch; W. H. Newbold's Son & & Co.,': Inc.; Stokes & Co.; and & AND 6% , Co.;*Merrill,Lynch, Pierce, Feu/ & . interest. Inc. *4,000,000 Bliss Hutton Inc.; Co. accrued sen, The by E. & & accrued W. Peck; A. C. Allyn & Co., Inc.; American Securi¬ ties Corp.; Auchincloss, Parker 6c Redpath;• Bacon, Whip¬ ple & Co.; Robert W. Baird & Co., Inc.; Ball, Bufge & Kraus; Bear, Stearns & Co.; A. G. Becker & Co. Inc.; Years) and Co.; Hughes Power The interest. Long-Term Bonds and Notes (Issues Maturing Price,. 100% Leonard with and and During September, 1955 Ry. Sept.' 1, 50,000,000 Tennessee Gas Transmission Co. 37/s%i first mortgage pipe¬ line bonds due Feb. 1, 1976^ Purpose, to repay bank loans and Details of New Capital Flotations .American & 1985.,. Purpose, for construction Corp.; Later Than Five due INDUSTRIAL 1958-1961. « , new-construction. Clement A. Eyans <fe Co., Harrison & Co., Adams ; bonds interest.Offered Dillon OTHER $100,000 Bank-It * E. F. Hutton & Cp,; Van Alstyne, Noel & Baker & Co., Inc.; Carolina Securities Corp;; Raffensperger, Co. Service Ufe Eastman, .. $21,209,500 privately 7*/ loans and «' .. Postal National Fund, American Transportation Corp. 3%% equipment trust certificates, series 55, due quarterly to and includ¬ ing Sept. 1, 1975. Purpose, for new equipment. Placed privately with a group of institutional investors through Kuhn, Loeb & Co. * >, ' " * for and Placed Monday, June 4, 1956 . ■ & Co ; bonds due Fund Retirement Fund, Insurance ($10,450,000) mortgage bank accrued ; . Watling, Lerchen & Co.; Arthurs, Lestrange & Co.; Bioren & ". , Hallgarten & Co.; F, 8. Moseley, & Co.; Anthony & Co.;, Auchincloss, Parker & Redpath; Company; New York Hanseatic 6orp.; F. S, •25,000,000 Pennsylvania notes; certificate* cold to Adjusted Service Certificates Fund and Unemployed Trust Fund •md notes to Federal Old Age and Survivors Insurance Trust Account Cavlngs Co.; Co.; •Comprises sales of special series certificates and Civil W. & 1347,191,000 37,923,970,000 36,699,222,000 months... first and Corp.; Amott, E. 155,562,000 718,434,000 September_____ for Co.; 1291,629,000 56,038,000 Total 3%% , & Smithers —- ; . *10,000,000 General Beane; Tucker, 898,287,000 September— pro- mortgage bonds due ($1,550,000). & Co.; Kidder, Peabody & , . Certificates refunding etc. to repay 101.039% Boston ner • Co. Purpose, Price, 1,360,185,000 Purpose, program, first through Equitable Securities Corp.-; August— Certificates 1975. construction . tl37.499.00t 417,000,000 Ohio Total ; - _ July— Certificates construction to > • , and ♦12,000,000 Mississippi Valley Gas Co. 3%% Notes for and 100% of principal amount to public.. Offered by company for subscription by common stockholders. 1- Unsubscribed, portion ($111,400^ underwritten by' Equitable Securities Net Issued $ $ for to ($500,000). stockholders FINANCING J Total and gram ( ♦INTRA-GO VERNMENT . Brothers; $31,000,000 Robert EQUIPMENT Blyth MANUFACTURERS & *$11,209,500 General trust to certificates, and ment. American including Transportation series June 54, 1, due 1975. Corp. in quarterly Purpose, for Placed privately with a group through Kuhn, Loeb & Co. . investors 35/»% of • equipment ■* new . equip¬ * Inc.; Co., Co.; I. M. Walker & Co. Represents i Indicates - Un- C. J._ M. Simon and Ss Dain Co.; Wertheim issues issues placed privately, sold competitively, t Indicates special offering. . & Co.; Stroud & instalments institutional stockholders. underwritten : by Lehman Allyn.& Co., Inc.; Bacon, Whipple & Co.| Baird & Co., Inc.; A. G. Becker & Co. Inc.; A. W. & common Co. & •. Goldman, Co., Sachs Inc.;.G. H. ~ Volume 183 Number 5539 10,000,000 Associates ■1959 . Investment and Placed . 1960. The Commercial and Financial Chronicle . Co. 3Mf% Purpose, privately with to senior notes increase due working institutional an 1958, Clark, .capital. & investor. ■/v 100,000,000 C.I.T. Financial Corp. 3%% 15-year debentures, due Sept. 7 f,-. 1> 1970. Purpose,, for working: .capital. ...Price," 98.575% Co.; Underwritten by Dillon, Read & Co. Inc.; Kuhn. Loeb Co.; Lehman Brothers; A. C. Allyn and Co.. Inc.; Bache & Co.; Bacon, Whipole & do.; Robert W. Baird & Co., Incorporated; Baker, Weeks & Co.; Ball, Burge. & Kraus, Bear, Stearns & Co : A.. G. Eecker & Co., Inc.; , • • '.Blair ... ' & Co. Incorporated; William Blair & Co.; ; •»< : . "t • Ellis & Simmons; Blyth du Pont Co.; Co.; of • *7 •>'. corpora ted;" 77*7" Fulton, & Co.; Corp.; Reid Hayden, Co.; Forgan & " & Co.f e. F. J. Co. Inc.; W. t ■ C. son B; H. Herttz Hilliard & & & Son; Co.; 'W, ;e. & & Co.; M. Lazard Loeb, Stone & Co:; Laird, Freres Rhoades Bissell & & & Co.; & 16,550,000 ' ,►-7 Co.; >i. Lynch, Pierce, Fenher & "Beane; Merrill, Turben & Co.,' Inc.; The Milwaukee Co.; F. S. Moseley & Co.; Newhard, Cook & Co.; The Ohio Company; Pacific Northhj west Co.; Paine, Webberr Jackson & Curtis; Piper]. Jaf.v. fray & Hopwood; H. W. Pressprich & Co.; Reinholdt & i >,-• ; i f '■j Gardner; Reynolds & Co.; Riter • ' shaw; - - F. Hammill ".-'V-. Co.; r ^ Rothschild 7 Inc.; & *7 Shields Deane • Moore Stone Inc.; . Co.; & Staats & Co.; - & Co.;- Rodman Salomon Co.; & & Co.; F. Bros. & & & Shuman, Smith, S/. Smithers Stein Bros. & Company; Sbribner; & Webster Wertheim & Co.; Ren- .yv. •7 '.. & >- '• Co, surance ' ;'7vVH ' ' fund r". *'• of warrant a reduce • bank interest ; to ,-v7 -V; Price,'$1,000 . for Co., 5% _ : by S, R. of . due ; & " • Co. .V - > Cruttenden Corp. - , & and Co.; Beecroft, Harold E. Cole Wood & Co.; & #1,500,000 Talcott (James), Inc. 4'/4% • *1964-1970. . :T with . , v Purpose, the Massachusetts ' ., Eberstadt •1,000,000 Thorp July .. J' : v Mutual Mutual Life Finiance Corp. & Placed capital : ' Oct. t8,697,500 7 notes, series A, Securities Inc.; Central Clark & Republic & C. Co.; Co. Dominick; & Drexel & Hemphill, Lester, fc Noyes Ryons Co.; & & Anthony & Co.; 7■■■>'.; Intermediate debentures v- - • . Purpose, Knox, dated 130,000,000 Federal Loan Oct. refunding. New York Land bonds, Credit 1955 3, Price, fiscal Banks Banks at 2.80% Co. Power & W. & CoMnc.; Harriman Hill Ripley Richards Irving Co.; Co.; and & Lundborg Neuhaus Yarnall, 177,500 and due Sullivan 2%% consolidated dated Oct. repay commercial 1,' 1955 an J Federal to. finance current accrued for . lending due interest. banks. the b;.nk Co. & Sept. Offered John by 14, T. fiscal Knox, ; 7. f & Co. 7 agent Co.; Rico bonds ment States (Capital of Possessions of) 5% j 2%% and 1955, series A, dated public July 1, Weeks; Piper, Paine, Jaffray July 1, 1956 to 1972, inclusive. Purpose, for improvements. Price, to yield from 1.75% to 2.75%, according to ma¬ turity. Offered by J. P. Morgan & Co., Incorporated; Salomon V ley & Brothers & Hutzler;. Banco de Co.; Securities Paine, Corp.; Webber, Jackson F. S. Ponce; Curtis;, & Black & etc. Securities Co. 7." : V' 7% Hills '(Preferred ■ stocks ferred of a stocks, of stated no computed at their value par value par and 750,000 classes all at of while par, Uranium cents). Purpose, for new construction. Price, $14,75 Offered by company for subscription by stock¬ without underwriting. 250,000 Mid-Hudson stock costs. Lincoln 16,000,000 Ohio * Gas of /stock common ; Co. Price, Corp. shares 500,000 of 50 Corp. cents as 60,000 share. per (par (par speculation. a shares $101.20 $100). of I" , 4.20% 7 I.v and Co. Burr, Offered " of . Gas ing. Placed Fenner & privately Co. 50,000 (par shares $100). through Beane. of Purpose, Merrill Lynch, ing , 4.20% 7' refund¬ stock for (par $100). Co. Purpose, shares 139,247 to repay bank| loans Inc.; 300,000 American for by Telephone & Telegraph Corp. cent). 25,000,000 Public Service Electric & Gas Co. 250,000 shares of 4.30% cumulative preferred stock (par $100). Purpose, to repay bank loans .and for new construction. Price, $101.75 per as Co. cents as Mining Corp. and share Stanley & Allyn and Eaird & accrued Co.; Co., Inc.; * Inc.; Blyth Co.; & dividends. Drexel & Co.; Co.,. Inc.; William Co., Inc.; Central Eacon, Baker, Blair Alex. Republic Unde-written Glore, Weeks & Co.; Brown Co. Forgan Whipple & Co.; Blunt & (Inc.); for per Mining Ltd. Corp., (no and privately Simmons; Canadian Uranium, Inc. Lee W. W. Clark -«'7" of common exploration and de¬ for ' ■ Uranium 10 cents). (par Co. shares 2,475,000 Purpose, of exploration for a (par cent). one M. Reiter J. Superior two velopment as etc. Uranium & (par property, exploration cents share. per Corp. cent). one for at par. speculation. Corp. as a Oil stock Price, and Offered stoci develop¬ per shares of commoi exploration and de¬ Offered by Bel- 10,000,000 Purpose, a".d share. Offered Completed. cents 20 speculation. a Corp. cents). expenses, Securites mon Co. Uranium (par Price, common exploration for Purpose, etc. expenses, stock a development 4 3to0,000 St. Regis Urapium Corp. 1,500,000 shares of Air stock common and Price, |t jpar. Offered by A1 J. Johnson & Co. speculation. 7 * 7 ,7' 7 7 ' ' 77 :7 7 expenses. as Uranium - 5,998,000 shares of com¬ Purpose, for acquisition of working capital. Price, fiv) Columbia by Securities Co. aj speculation. of common stock Uraninite Corp. 300,000 shares Purpose, at for without for OTHER Of- stock (par exploration share. (par and Co. exploration E. Call & shares 40,000 shares 2,855,000 for exploration Offered of of $£ Price, (par $1). per a Metal $1). and Co. Co.; & shares of common and stack Price, $3.30 pe.f Co. stock common capital working 300,000 Ball, Co.; Sulzberger Consolidated stock other $1>. (par corporate pur¬ & Co., Co. Inc. $1.50 as a Kraus; Dempsey-Tegeler ti Curtiss, House & Co.; and Oversubscribed. ; I 200.000 shares of common for advances and invest¬ O.fered by J. J. Riordaa Inc. Purpose, cents). Price, 400,000 Day-Brite Co.; & & Fiberglass, 10 (par & Burge Lundborg Irving *Hallowell, share. p?r speculation. Lighting, Inc. 50,000 of shares common stock $1). Purpose, for working capital. Frice, $8 pcif share. Offered by Lovett Abercrombie & Co.; A. C. Allyn (par Co., Blair develop- Barth & Co.; Bateman, Eichler & Co.; Incorporated; Boettcher & Co.; Bosworth; Inc.; Chace, Whiteside, West & Winslow, Landstreet & Kirkpatrick, Inc.; Courts & Co.; Inc.; & J. Co., Sullivan States & Co., Clark, Dempsey-Tegeler & Co.; A. G. Edwards & Sons; Fin.-; California Co.; First Securit'es Co. of Chicago; W. C. Gibson & Co.; Hancock, Blackstock & Co.; Hill Brothers; by Weil, Howard, Labouisse. & Friedrichs Kalman Co.; & Company, Inc.; Arthur M. Krensky & Co., Inc.; Kroeze, McLarty & Co.; Lester, Ryons & Co.; Metropolitan St. of Louis Co.; Sold to Reconstruction at par. of shares A. Lomasney & Price, $10 per share. Underwritten by Lee Higgk>son Corp.; G\ H. Walker & Co.; Shearson, Hammill Co.; Walston & Co.; Merrill, Turben & Co., Inc.; J. A. com- share. Offered speculation. by D. 75,000 for MANUFACTURING 30,300 for improvements, etc. Purpose, Offered Inc. AND Products poses. 6% cumulative sink(par $100). Purpose, to prepay, shares exploration costs, etc. Pricr, to public as a speculation underwriting. 750,000 Cameo, Inc.; as and company INDUSTRIAL share. common Mountain by by $49,371,400 of per by J. equipment Offered par. & Paine, Webber, Jackson Cz Curtis; Piper, Jaffra;/ Hopwood; Rauscher, Pierce & Co., Inc.;, Reinholdt t« Scherck. Richter Co.; Semple, Jacobs & Co., Gardner; Corp. 3,000.000 shares Stifel, Inc.; of Nicolaus & Co., Inc.; Straus, Inc.; Sutro & Co., Inc. Blosser Ci and G. H. Oversubscribed. Hunt Uranium Price, one ment Corp. 1,200,000 Purpose, at bffered par. of shares for exploration by common 138,000 Donaldson $5). stock Purpose, Price, Securities 25 Co. & Boston Dean & Forgan Corp.; Stanley & Co.; for cents as a & shares of share. Goldman, and Offered Offered Kalman by 9,400,000 Dow $5). & Co., Corp. stock 700,§00 (par Eastman, Sachs & shares per Co., & for by 12.000 shares of working capital. Paine, Webber, Inc.; and Piper, Co.; stock (pa? $11.50 pe* & Curtis; & Hopwood. common Price, Jackson Jaffray Co., Dillon & Co.; Co.; Harriman Purpose, Co. 200,000 shares of common for general corporate purposes. Offered by company for stock (pa? Price, $47 hj subscription of (Continued $50). Purpose, by The First & Chemical share. employees. Co¬ speculation. at par. Underwritten Witter & Co.; Blyth Co.; stock develop- common exploration per Chemical preferred Price, Morgan Purpose, share. development Aagaard as a and K. Elmer & Completed. Corp.' 1,200,000 cent). costs. Carroll Co.; shares 4,000,000 ^Purpose, at par,' Offered by Utah Uranium /■'•■ 247,500 Rampart speculation. a for' expansion. 1 common small number of United investors through Lehman Brothers. a Corp. 3,000,000 shares of common 11 Vi cents). Purpose, for acquisition and working capital. Price, 10 cents per share. Offered by company to public, without underwriting. Purpose, Development Aluminum & of investments and exploration, (par 2,400,000 shares of common stock Price, cumulative Ellis shares 1,000,000 for with Stroud 4%%- & common speculation. a (Canada) Purpose, par). Placed Peak 7 par. 60,000 & 35,000,000 Kaiser Becker shares of acquisitions, working share. Offered by Se¬ shares of common stqck Purpose, for properties, exploration capital. Price, 25 cents per share. Offered Securities Co. of Denver as 3, speculation. stock Of¬ shares cents h preferred stock C. G. and exploration share. Purpose, two Securities Corp. W. A. Wagen- 1,196,000 Co. lumbia Morgan Co.; Robert A. Sons; E. by & Co.; & 1 Robert.) Co.; Waggener for per Walker (par . it & Union cents). Brokers. Development Co., Inc. 300,000 shares (par five cents). Purpose, to acquire Corp. 300,000 Iola" Uranium , Poole, & 1,000,000 Purpose, 30 300,000 Pikes speculation. •i Dallas Oversubscribed. Co. <fe (par five cents). velopment costs. Price, of stock (par three cents). Purpose, for exploration development costs. Price, 10 cents per share. Offered Pioneer Investments as a speculation. ccsts. the Co., Corp.; «!h Battles Co.; working Hogle Purpose, (par 25 cen4fe). parent. & Schmidt, Walker, McDowell; by Price, at par. Offered by com¬ by minority stockholders, without additional 1,199,849 shares-were sub- cribed & Co. & Price, States Corporation. General Clarke W. and of subscription An Co. fund Barth Day & Co.; Clement A. Evans ft Harris & Co., Inc.; Farwell, Chap¬ Company; Gregory & Sons; HaLIo- Uranium & 200,000 Neva-U-Tex Pierce, 300,000 Telegraph construction. new for & underwriting. • group a 15,000,000 Offered Corp. . in part RFC note. Finance '-'j Telephone common and stock & & Investment ments. claims. Steel J. common 13,934,700 Pacific pany Electric & preferred Detroit L. Inc.; one costs. * stock explore R. Wood five stock " Price, .at Corp. common and •6,000,000 cumulative with 1,200,000 shares of cents Inc. Uranium & cents). Ja-n.es- Anthony Inc. &s McDon¬ Piper, Jaffray & Hopwood; Robinson-Humphrey Co., Inc.; Silberberg & etc. First by 300,000 Cromwell Uranium & ' Cook Hutton Inc.; Inc.; ' Mitchutr. Co.; The Ohio Austin Oil •1,000,000 Minex property. acquisitions, par. Uranium costs. Richard Pierce Nina and stock common shares of common for speculation. 10 The Strudwick; Ferris (par (par a Purpose, for mining operations and working capital. Price, $5 per share. OLered by company first to stockholders and then to public, with- Securities - F. Co., Co.; Seasongood & Mayer; E. curities 299,000 Mia per as (par 10 cents). (par Loeb & Co.; A. C. Allyn and Company, Inc.; Securities Corp.; Bache & Co.; and Coffin & •5,000,000 Oklahoma Mining ment pre- Co.; E. & Durst, & $99,990 Arcadia 3,000.000 240,000 Ceronad* Uranium Corp. construction. dividends. accrued cents Corp. lithium Purpose, cent). . a & Fairman, Co.; Parke; stock " , Kuhn, by American ; by & capital, . 30cl,000 25 Price, at as <- Co:; &' Newhard, Gardner; Inc.; Inc.; 300,000 Keeline by stock (par one cent); Purpose,' for exploration costs, etc. Price, 10 cents per share. Offered by Bay Securities Corp. 77; <- : cumulative new cent). one Purpose, 285,500 Constellation .j share per for Purpose, Offered 20 of Corp. Price, costs. out underwriting. , common Offered * ' , stock ' , ,, ' Purpose, for exploration and devel¬ Price, Securities Power ferred '* Natural (par, five cents). opment . shares 11,000 share. holders, . Co. par). 7- ;7'1, Davis. Roney & Co.; Rotan, Mosle & Co.;' Stone Swiss- American 'Corp.; Yarnall, Biddle 299,900 Universal Price, privately Mines, Price, speculation." a ♦.."••*,mon>stock •>'. 7 " Natural Gas 7 .>• i Corning Per — ' r UTILITIES (no ; „ ; C. Harold equipment, Securities develop Minerals & Uranium stock 200,000 Cheyenne an & McAndrew Turben Northwest & Anderson seller common Brickley. development 10 pre-" stock common Hirschi Inc.; Merrill, Templeton; Rauscher, & Co. shares to Placed Uranium "as i offering prices.) PUBLIC $162,250 taken are of fered by Columbia Securities Co. . Co.; Sulzberger &• Co.; Hooker & Fay; Howard, Weil, Labouisse, Friedrichs & Co.; Indianapolis Bond and Corp.; Joseph, M'ellen & Miller, Inc.; Kaiser & Co.; 200,000 shares speculation." a Purpose, Morris by 300,000 Bojo '■ • & ' Inc., cents). common and , Weedon Share 1,497,500 shares of cents),*r Purpose, for exploration, 10 (par development. ; "as Development & stock 300,000 Blackstone '•! Masten well, Hopwood; ' : & man Webber, ETC. 300,000 Purpose, for plant Price, $1 per share. stock (par one development costs. and Mose- ; capital, 10 fered Equitable and The Weil, Roth & Irving Co. stocks COPPER, Co. common . improve¬ and due 1955 cents). Price, $2 per share. European investors. 300,000 United COAL, Processing Atomics, (par ,7 t$2,500,000 Puerto STEEL, Mining •1,500,000 Basic Oversubscribed. Co.; & Co.; Pacific Co., stock common & Co.; Hallgarten & Co.; Co.; First of Michigan Corp.; BosCo., Inc.; Mitchum, Jones & Temple- acquisitions, working capital, etc. share. Offered by Mountain States speculation. * " ; Crowell, Co.; Securities ?Co.; Estabrook & (par* 10 common 1956. $191,500,000 - & Company, Inc.; & Northwest Mica Franklin borrowings and to Price, 997/8% :md operations. Cali¬ Lund¬ E. A. DeHaven Mason-Hagan ment 299,500 Balboa Farm & Richards Co.; Co.; Schwabacher & Co.; Julien Collins & Co.; Irving Lundborg & Co.; Campbell, McCarty & Co., Inc.; Kormendi & Co., Inc.; and Carl McCVlone & Co., Inc7 Oversubscribed. working 2, 1956. John T. by -J ? Purpose, July Offered par. Co.; Co.; Co.; of Wm. & Co.; & Biddle shares of Hornblower'& Curtis; Pacific stock consolidated & Staats & stock Light Pressprich ! $300,000 American agent. R. Marks M. Michigan by $61,500,000 Federal Laurence Courts Co.; Vietor, Common, Dann & Co.; Walston & Co.; Charles B. White Utah IRON, " First Irving Tucker, v-Jones Equitable , Farm Loan and Government Agency Issues Co.; Co.; nell $75,594,450 $120,937,600 Co.; The Milwaukee Co.; Moore, Leonard & Lynch; Pressprich & Co.; Schoellkopf, Hutton & Pomeroy. Singer, Deane & Scribner; F. S. Smithers & Co.; Hill Co.; Goldman, Sachs Underwood, & ton; 7 ; & Co.; Co.; & & Inc.; Alex. Coffin W. -Co.; Corp.; Co.; Dean worth, due privately Reid Co., Co.; Inc.; Elworthy Inc.; Co., Estabrook Fulton & and Co., & & Townsend, Crouter & Bodine; Corp.; First Southwest Co.; Goodbody & Co.; Granbery, Marache & Co.; Wm. P. Harpe* & Son & Co.; Hayden, Miller & Co.; H. Hentz- & Co.; Go;; Securities Walker & Co.; R. ■ & Corp.; Inc.; First Shields & Co.; Shuman, Agnew & Co.; Smith, F. S. Smithers & Co.'; William R. Staats Co:; Jackson-& 7-,;-7 Dickson S. Baird W. Boettcher Co.; Co.; & & Becker ■ R. Skaggs & & Co.; Robert Slocumb & Co.; Sutro & Co.; Spencer Trask Anthony & Co.; G. H. Walker & Co.; Auchincloss, Parker & Redpath; Bache & Co.; Bacon, Whipple & Co.; Baker, Watts & Co.; Ball. Burge & Kraus; Bateman, Eichler & Co.; Burnham and (Inc.); C. Codings Co.v DeHaven Corp.; Simmons; 'Brush, Securities Walston - Weedon & & & Corp.; Purpose, to repay bank loans and for new con¬ Price, $49 per share. Offered by Kidder, Pea¬ body & Co.; Merrill Lynch, pierce, Fenner & Beane; A. G. 1, . Placed Co., Inc.; William struction. through ' F. ' American & Sons; Company, Inc.; 777; (no par). and Co. & Witter Oversubscribed. - Co. expaiision. for Co. & privately Insurance insurance .,,*>■ 5% Purpose, Emch Life - Co. & 1,"'1967. through ■ ; subordinated notes, due for working capital. England New & G;: H. : , Co.; Hornblower R. new Parke; Schoellkopf, Hutton & Pomeroy, Inc.; Schwabacher & Co.; Scott & Stringfellow; Chas. W. Scran¬ Union Wachob-Bender Co. & Co.; & ' for & borg common and Burr, fornia & Tucker, . Co. 5% sinking fund capital debentures, series A, due Sept. 1, 1970. Purpose, refunding ($1,000,000) and to repay bank loans and for working capital $1,500,000).' Price, 100% and accrued interest. Underwritten by The First Trust" Co. of Lincoln, Neb.; . 7 " & Co.; Stern, Frank, Meyer & Fox; Spencer Trask & Co.; y: 7 . 2,500,000 Southwestern .Investment y " bank loans & Equitable Fay; Hornblower & Weeks; E. F. Hutton & Co.; Illinois Co. Inc.; Kidder, Peabody & Co.; Kuhn, Loeb Co.; W. C. Langley & Co.; Lee Higginson Corp.; Lehman Barney 7 v7 The , Inc.; ton 1953-1967;' with .' ' 400,000 shares of to repay Stone Youngberg; Roberts to accrued Dickson note Placed privately New York.,; ; ' & Yarnall, Shepard & Co. Inc.;; Rauscher, Pierce & Co., Inc.; Reynolds > & Co. Inc.; Riter & Co.; Rotan, Mosle & Co.; Rowles, Winston & Co.; Salomon Bros. & Hutzler; Schmidt, Poole, •- debenture plus and Merrill Lynch, Pierce. Fenner & Beane; Merrill, Turben & Co.^ Inc.; The Milwaukee Co.;'' Mitchum,® Jones & Templetori; Morgan Stanley & Co.;- Moroney, Beissner & Co.;" F. S. Moseley & Co.; Mullaney, Wells & Co.; W. H. Newbold's Son & Co.; The Ohio Company; Pacific Northwest Company; Paine, Webber, Jackson & Curtis; Prescortt, 7 - - 7 Purpose, unit, per subordinated working capital. $1,000 a Sullivan Hooker "V ; 77" 7 • 77 *'• shares. Co.; & Hayden, Securities Ellis Brown "'■:7 Manley, Bennett & Co.; Laurence M. Marks & Co.; Mason, 7 Hagan, Inc.; a. E. Masten & Co.; McCormick & Co.; • of common Mutual Life Insurance Co. .v units 30 debentures. " Offered on Purpose, . in buy loans. *150^000 Signature Loan . stock common Blunt & GU»s Transmission Co. Brothers; "'77. - and American & - Co.; W. C. Langley & Co.; Lee Higginson Corp.; Carl Loeb, Rhoades & Co.; F. S. Moseley & Co.; L. F. Roths¬ child & Co.; Shields & Co.; Shuman, Agnew & Co.; Ohio Company; Paine, Pressprich & Co.; PutCo.; L. F. Rothschild W. & Weeks; M. The White, ; Hallgarten . . Reinholdt "& ' '' Bros. Inc.v Croweli, Co., ? Supply Co. 6% 10-year registered sinking debentures, due July l, 1965 and warrants for 3.750 shares , « ' & Republic Fulton, Reid & Co.; Glore, Forgan & & Co.; .Hallowed, Sulzberger & Co.; 125,000 Parnell-Martin ; Co.; Allen & Co.; A. C. Allyn & Co., Inc.; Bear, Stearns Co.; A. G. Becker & Co., Inc.; Blair & Co., Inc.; Central Co. (Inc.); Clark, Dodge & Co.; Drexel & Co.; Co.; SequriUes Corp.; Estabrook & Co.; The First Boston Corp.; First California Company; First Southwest Company; . •7 •2,000,000 International .Harvester Credit1 Corp. 3 Ve % subordinated promissory note, due Nov] 1,.-'1974. Purpose,-for wOrk•; ing capital. Placed privately with New York Life' In- .. Riter 7 Company; Dominick 77; . i'-r & Co.;Winslow, Douglas & McEvoy; Dean Witter & Co.; Wood, Struthers • ir Co. and Wurfcs, Dulles & Co.* Oversubscribed. ''77:7% 7' V&; V;- , y R. & Townsend, Crouter & Bodine; Dempsey-Tegeler & Co.; Dewar, Robertson & Pancoast;* Dillon, Read & Co. Inc.; Dittmar & Corp:; Stroud & Co., Spencer Trask & Co.; Tucker, Securities Corp.; G. HV. Walker Co.; The Co.; Curtis; Clark, Dodge & Co.; E. W. .-.7.7 Boyce; Stifel, Nicolaus & Co., & & (par $5).- Purpose, 'Co., Securities & Co.; .Union Watling, Lerchen Co.; Salomon worth; 7 7; <.f ; ; » Weld ' & Co., Inc.; Hemphill, Noyes & Co.; Kidder, Peabody & Co.; Lazard Freres & Co.; Lehman Brothers; Merrill Lynch, Pierce, Fenner & Beane; Paine, Webber, Jackson & Curtis; Salomon Bros. & Hutzler; Schwabacher & Co.; Union Securities Corp.;, Wertheim & Co.; White, Weld & I. & construction. Prite, $41.37'/2 per share. Underwritten by .' Stone & Webster Securities Corp.; White, Weld & CO.; - ■ Barney & Co.; " Co.-; William R. & -, Hutzler; ;. Agenew Co.; Tennessee Swiss American Corp.; Anthony . ■i & Singer, Smith, . -1--' - , Schoellkopf, Hutton & Pomeroy; Inc:; Schwabacher & Co.; Scott & Stringfellow; Chas. W. Scranton & Co.; Shearson, , . L. Francis Estabrook '7.7, 7'"7 Austin,' Hart & Parvin; Eacon, Whipple & Co.; Robert W. Baird & Co., Inc.; J. Barth & Co.; Bateman, Eichler 7 "j & Co.»; A. G." Becker & Co. Inc.; Blyth & Co., Inc.; Bos- 7 ^ & Co.;- Rippel Lovett' Abercrcmbie Co.; & Merrill ■'7>7V7 , 7.; M. & Son Jackson & stock Meeds; McCormick .4 Newbold's 7O- Witter & ;Co;{-Wood, Struthers '•'7" ' Biddle ft CO: Oversubscribed.* 1 Higgin-';, Laurence Co.;" Mason-Hagan, Ihc.f fAs« E. Masten & Co.; McDonald & Co.; McDonnell v" ' ? Illinois^ Lee Co.; Collins Julien Corp.; Corp.; Stroud & Company, Inc.; Spencer ,„Trask '& Co.; Tucker, Anthony & Co.; Union Securities 'Corp.,' G'. H. Walker & Co.; White, Weld & Co.; Dean ■ Co.; Weeks The Inc.; Dominick; s'*') Webster Securities Co.;' & & Hutzler; Schmidt, Poole, Roberts & Parke; Schoellkopf, Hutton & Pomeroy, Inc.; Chas. W. Scranton & Co.; Shearson, Hammill & Co.; Shields & Co.; Singer, Deane & Scribner; Smith, Barney & Co.; Stone & ' Hetrman " Co.; Henry Hornblower Hutton Johnston, Lemon & Co.; Langley C$rp.;.Carl Marks , J. Hutton Co.;" Hayden, & Hv nam & Chapman &-. Nolan-W. B. Hibbs Glore, Burr, The Webber, Farwell, Folger, & Miller Hemphill, Noyes & Co.; : - Estabrook Michigan Inc.; Goldman, Sachs & Co.; Granbery, Marache & Co.; Gregory & Sons; Hallgarten & Co.; Harriman Ripley& Co., In- . »'>' •••',. . & First Co., & Dominick Co., W. . & Coffin Co.; Equitable Securities Lee Higginson Corp.; Carl M. Loeb, Rhoades &'Co.; ]Laurence M. Marks & Co.; McDonald & Co.; Merrill Lynch, Pierce, Fenner & Beane; Merrill,'" Turben & Co., Inc.; • Blunt .. . Co.; & Co.; & First Boston Corp.; Fulton, Reid & Co.; Robert & Sons; Goldman, Sachs & Co.; Harriman Ripley Inc.; Hayden, Miller & Co.; Hornblower & Weeks; W. E. Hutton & Co.; The Illinois Co. Inc.; Kean, Taylor & Co.; Kidder, Peabody & Co.; W. C. Langley & Co.; & & Co., Inc.; Boettcher and Com•; ^ pany; Bosworth, Sullivan & Company, Inc.; Alex, Brown ; & Sons; Burnham and Company^ Central Republic Com.pany (Inc.); Clark, Dodge <x Co.; Courts & Co.; ' J. M. ; 7 * " Dain & Company; .Dominick & Dominick; - Francis I.1 - & Dixon Pont ^Garrett . and accrued int. .• Dodge Co.; du . 7 (2647) Inc.; Glore, Ripley on page 8) I • Represents issues placed privately. t Indicates issues sold competitively, t Indicates special offering. ' I J . IB The Commercial and Financial Chronicle (2648) Winston (Continued from page 7) i Lime Corp. 30,000 shares of common Purpose, for new construction. Price, $10 $2). ferred Price, low, Price, for ■ for at equipment, as Investing Corp. Corp. by company stock mon & as 300,000 Jessel-Ruberts shares of com¬ equipment, working Offered by Gates, Carter 75,000 Works Productions \ (par etc. i stock Price, $2 Co., Inc. ' ■ . , tive * t - " , Inc. Co. Saunders, Gunn & Carey, (par $1 cumula¬ 4.75% of hart stock Russell Sterne, 300,000 Leach; & Agee. Offered for by of shares capital, working Israel & class Co. on . .. . $9 share. per Offered without stock underwriting, Price, and $5.75 (Ji per Inc. loans share. Co., Purpose, Price, at R. to Staats for working Hill by (J. B.) Co., Inc. $100) and 590 shares ; in units of working Richards aries. 50,000 participating for & i (par capital, 53,200 for of B , Co.; \ Price, and stock common stock stock. of unit. 150,000 (no par) by class ac by Offered Co.; Francis by Carr stock common Co.; capital. & $2.50). (par Price, $12 Lucas, Snider (1,583). Clark. Dodge & Francis I. du i Co.; by Stanley Morgan Dominick & Dominick; Pont & Co.; & , & Noyes Co.; Co.; All & Co.; Stetson Dean Securities Witter & Corp.; Co. and Struthers Wood, The & (par at ers to up 127,953 Savoy : etc- ..; ; Oil Co., Walston ' .i by Underwritten of Co.; well, 18,279 shares of Offered class A stock ■ Co.; E. of stock common by Shearson, Co.; Wright, Snider and Mitchell, Hutchins Inc. Co., Pierce, Wood Waeckerle, Burke & Securities Oversubscribed. Co. & Co. Completed. shares of capital stock (no Offered by Merrill Lynch, & Beane and Spencer Trask & Co. Com¬ Fenner Inc.; Co., $1). (par Lee $33,260,978 Higginson Hammill Turben & Kraus; & Burge $10). J. & Dempsey-Tegeler & Co.; Curtiss, & Co. A. Co.; • Hogle & Represents 1 Indicates Co.; placed privately, issues competitively. sold issues offering. + Indicates special ; Oversubscribed. House & Co. All Co., Price, and Hallo- sold. Kalman Price, & Co.; Inc. $8 per stock common Offered BTytn by General ' . Corporation and Co., .Inc.; J. Blair & Co., Co.; & Bosworth, Co.; Inc.; Co., & and Investment News Piper, : (Continued on page 2) 209,410 shares of common stock share. Offered by-Lovett Aber- Allyn & C. A. Eichler & of . Completed. Hopwood. Lighting, $1). • - . 10,000 shares of common stock (par per share. Offered by Paine, Webber.,- Curtis; & Boettcher per Inc. $11.50 & Day-Brlte shares share. 5,970 Oversubscribed., Bateman, sub- Inc. $78.75 Price, Iric; Co., (par (par for company & Harold & 1,965,000 Wrigley (Wm.) Jr. Co. 20,000 par). Price, $98.25 per share. Farwell, Inc.; Eisen 3,100 000 Whirlpool-Seeger Corp. 100,000 shares of common stock (par $5). Price, $31 per share. Offered by Blyth & Central McCormick and Underwritten & Merrill, Co.; Sulzberger Jaffray 1,675,280 . common Co.; Co. & shares share. Walker Ball, Jackson working cap¬ for subscription by Lehman Broth- by Co., & Lucas, & Co.; H. O. Peet & Co.; Mid Continent Investment & Prescott, and Corp. Inc.; Inc.; J^ewbur^er & Co.; Reinholdt; Renshaw; Z. C. Christopher & Inc.; Co., & McCormick MacDonald, Glore, Sons; Kormendi Inc.; by & Rodman Gardner; Co.; common Inc.; Harris & Co., Fairman, Co. 200,000 shares. share. per Harris Quail 25,000 per H. & crombie Inc. $7 Co. & Brown Illinois The Co.; Irving Lundborg and company of . 121,340 shares of common stock (par $2.50). $12 per share. Underwritten by Kidder, Peabody & Co.; A. C. Allyn & Co., Inc.; Central Republic Co... line.); McDonald & Co.; Stroud & Co. Inc.; Cruttenden & Co.; Clement A. Evans & Co., Inc.; Granbery, Marache & Co.; Wagenseller & Durst, Inc.; Barret, Fitch, North & Co.; Ira Haupt & Co.; Arthurs, Lestrange & Co.; A. Underwritten : ■/ . Corp. . '' & Purpose, lor exploration and development costs, Price, Sullivan Barth Co.; Cherokee Uranium Mining Corp., Denver, Colo.—Stock ■ Incorporated; Co., & & Inc.; Offerings Suspended— and Debenture Chace. scription by stockholders, without underwriting. ; Whiteside, West & Winslow, Inc.; Clark, Landstreet &. Kirkpatrick, Inc.; Courts & Co.; Dempsey-Tegeler & Co.;1 $418,953 j The Securities and Exchange Commission, it was announced on May 31, has issued an order temporarily suspending Regulation A exemp¬ A. ' tions G. Edwards curties LAND, , Offered maximum a 25 cents). •. Purpose, for expansion par. by common stockholders. . . . $1). share. Becker & *'-/■. Homes Co. Vendo Price, 1,456,080 Securities Corp.; Lee Higginson Blunt Ellis & Simmons; Julien Fairman, Co.; Inc. G. 115,000 Donaldson of D. Sons; pleted. $10 $5). Price, ital. & Corp.; OIL shares by & & Templeton Growth Fund of Canada, Ltd. 15,000 shares of common stock (par $1). Price, $24.62V2 per share. Of¬ fered by White, Weld & Co. ; stock common shares 136,400 Alex. Co.; & Co.; Milwaukee (par 291,000 of Steamship Co. 19,000 shares of common Price, $21.50 per share. Offered by R. S. Dickson & Co. Inc.; Piper, Hopwood; and Shearson, Hammill & Co. $2.50). (par Brown 369,375 ^ Co.; Oversub¬ Offered of capital stock (par Offered by The First 150,000 shares of 6% cumulative participating convert1 Me e'eec A stock (par $1). Price, at par. Offered by Carr & Co. Co. & Corp. shares per G. A. Co.; & 470,138 Chesebrough-Pond's Exploration Inc. $20 Co.; Barth & Price, $23,593,315 stock Co., Equitable Co.: J. 250,000 Cameo, sold. $291,000 Dakamont Co. share. per Style-Rite com¬ & shares Co. i 16,000 $35.75 Completed. Completed. Harriman Ripley & Co., Inc.; Kidder, Smith, Barney & Co.; White, Weld & Co.; Co.; Chapman & & Northwest share. per Price, & Whipple Collins Co. Maynard Price, Corp. 150,000 & $3). & Republic Drexel & Co.; Stillman, stock Alex. Goodbody & Co.; H. Hentz & Atwill & Company; C. F. 60,600 $3.30 (Charles) Bacon, Weeks; & Products Peabody & Co.; Sachs & Goldman, Hornblower Courts Co.; Oil Penn Standard Fruit & $1) Co. Blair Forgan Co.; Hemp¬ Kuhn, Loeb & Co.; Laurence M. Marks & Co.; Merrill Lynch, Pierce, Penner & Beane; Paine, Webber, Jackson & Curtis; Riter hill, & Pacific and Price, & (par William Corp.; Underwritten South Incor¬ of ' ■ Paper Co. Regis pleted. share. Underwritten Beane; White, Weld Curtis; Central Re¬ per - 22,000 shares of common stock (par Price, $44 per share. Offered by Lehman Brothers; Dominick & Dominick; and Ball, Burge & Kraus. Com¬ Co.; & Inc. Metal $1). stock Oversuoscrmea. shares Co.; & Pont shares 100,000 $10 Hallgarten Kidder Co. 2,728.000 Bruning 5,988,136 Yale & Towne Manufacturing Co. 106,931 shares of capital stock (par $25). Purpose, to repay bank loans and for expansion, etc. Price, $56 per share. Offered by com¬ pany lor subscription by stockholders. Unsuoscnued / Oversubscribed. St. 408,500 (par Co. 25,000 shares of common stock (par per share. Offered by Estabrook Ac $5). Co., Inc.; Lester, Ryons & Co.; Irving Lundborg McCormick & Co.; Mason-Hagan, Inc.; Merrill & (par & Co. $12.50). / > " ,* Paper Co. Price, $32 Croix Co. & Co.; Lomasney Eisen Peet du iM. 199,980 Arcadia & Waeckerle, Inc.; McCormick & Co.; Co.; Burke & MacDonald, Inc.; Mid Con¬ tinent Investment & Securities Corp. and'Prescott, Wright, O. Co. Price, $2). & *■. Completed. Co. & Completed. St. scribed. Arthurs, Inc.; H. Courts Jaffray (Inc.); I. A. Lynch per & : Inc. goner. 800,000 per Insurance & (par Co. Cassell of Llair Lynch, Pierce, Fenner & Paine, Webber, Jackson & public ; shares by Merrill 6% cumulative (par $1). Purpose, par. and $12.50). stock common Hornblower ,< 25,000 shares of common stock (no par). Price, $20.50 per share. Offered by Wyatt, Neal & Wag-', 3,000 shares of common stock (par share. Offered by Blyth & Co., Co. $27.50 Title stock mon of A stock Price, of Offered and Curtis & J-'? Oversubscribed. Rich's Completed. 1,000,000 American for com- Lestrange & Co.; Fairman, Harris & Co., Newburger & Co.; Reinholdt & Gardner; Rodman Henshaw; B. C. Christopher & Co.; Kormendi & Co., & Express Price, Inc. shares share. per Jackson Webber, Co. ' • 50,000 shares of common Price, $27.62J/2 per share. Offered by West Virginia Rj. $100). 512,500 Completed. 82,500 American (par Purpose, Offered shares ' . :. shares of common stock working capital. Price, $1 Lederer Co., Inc. All sold. H. V, common +968,000 for J. 20,000 $11.50 porated. etc. & Co. Corp. Aerovox Inc.; . . Issues Not Representing New Financing (par share. Underwritten by Kidder, r-eabody & Co.; A. C. Allyn & Co., Inc.; Central Republic Co. (Inc.); McDonald & Co.; Stroud & Co., Inc.; Cruttenden & Co.; Clement A. Evans & Co., Inc.; Granbery, Marache & Co.; Wagenseller & Durst, Inc.; Barret, Pitch, North & Co.; Ira Haupb & , i by Completed. Co. (par Weeks. • 50,000 Corp. Offered "V shares of % common fctock share. Offered by ^Kidder, per 75,250 Rich's, Inc. 3,500 shares of common stock (no par). Price, $21.50 per share. Offered by Robinson-Humphrey Purpose, for working capital. Purpose, cent). $49 Engineering Co. 12,000 shares of class B com¬ (no pari. .Price, $28.25 per share. Offered by Barney & Co. Completed. ;; y : - ; - % > Boston Co. & capital, Barney common per etc. working of & Paine, ; I / shares 352,000 Co. ■- $10). class . Co. Purpose, . Finance Financial one share. & Corp. Co. 638,400 Vendo working for each convertible working j stock underwriting. without Western per sold. $101 of Price, Homes of |V ■ Law M. stock Smith, underwriting. without Georgia, A. per Price, 1,381,250 Pittsburgh & • C. shares Co.; & 26,500 shares of common stock (par share. Offered by Bear, Stearna $42.75 par). Peabody Enterprises, Inc. 200,000 shares of class A common (par 50 cents). Purpose, for advances to subsidi¬ Price, $1.50 per share. Offered by company to stock employees. 150,000 Style-Rite by A. .V ' 12,000 Georgia of " • Huston •'■ 339,000 Northwest *. f capital. stock common by Smith, class oi of shares 590 share one capital. to pany „ shares All Co. 59,590 Rea (no stock (par $1). common and loans, repay & $25).- Price, $5). Purpose, for working capital. share. Offered by company to bona fide $16,383,625 Offered 4,000 Underwritten par. William , > Harold■ H. Co.; 1,132,875 New Jersey Zinc Co. (par 50 cents). (par 300,000 Town $230,000 B.) $100). , Offered ■ ■ & Oversubscribed. V; & Co. Oversubscribed. '; i •1 1,727,250 Niles-Bement-Pond Co. .'.35,250 J. T. Horner Stephenson-Leydecker & Co.'and Wyllie & Thorn- Co.; hill, % Completed. 400,000 Rea & 572.000 bank repay Blackstock mon share. Co. Insurance per of and Haliowell Scott, Kenny & Ayres, Inc.; Clayton Securities Corp.; & Crawford, Inc.; Ferris & Company; Hancock, French Price, 70 cents per share to stockholders; 85 cents to public. Offered by company for subscription by stockholders. Underwritten by Harrison S. Brothers & Co. for subscription Putnam & Co. by company 299,000 Prync & Co., Inc. 52,000 shares of to .-J Co., Inc. 289,000 shares of common Purpose, for expansion and fork¬ & Price, $1 per Co., Inc. •< : & $26 Price, residents Corp.; Hirshberg, Inc.; Norris & Co.; Mason, Inc.; Stone & Youngberg; Wilson, Johnson Ac Higgins, Inc.; Bingham, Walter & Hurry; Brooke & Co.; Arthur M. Krensky & Co., Inc.J. W. Tindall & Co.; r acted as dealer-manager. Purpose, Sulzberger & •/ Co. Hunter Securities a speculation. as 246,400 Strevell-Platerson public, stockholders, Inc.; Burnham & Co.; Clement A. Evans & Co., Inc.; & cents). stock common 135,324 Plastic Wire & Cable Corp. 15,036 shares of common stock (par $5). Purpose, for expansion and working capital. by E.) Life 300,000 Reliance etc. Price, best-efforts a Co. 10 capital, stock A it (M. Champlain " v Inc.; Co., & Cook Inc.;, Otis, (par ing Curtiss, House & Co.; Inc.; & 289,000 Maloney basis. Price. ' t Inc. Emerson "Feibleman • $50). (par Gottron, Co.; Corp. Purpose, share. Co. Fusz-Schmelzle & Co.; Granbery, Marache & Co.; " . Oversubscribed. Adams. & 525,000 Dempsey-Tegeler & Co.; Wm. C. Roney & Co.; Williams & Co.; Boettcher & Co.; Brush, Slocumb Co.; Baxter, & capital. Price, 35 cents per share. Offered by company for subscription by stockholders.' Underwritten by Gear- Co. & Pictures cents). 10 per Corp.; Stiver? & Woodward-Elwood 300,000 Medallion stock Co, and & of common shares GO,000 preferred Cleveland First & , 275,000 Magnolia Piark, Inc. 785,714 shares of common stock (par 10 cents). - Purpose, for new construction and working ; Purpose, for expansion program. Price, $52 per share and accrued dividends. /Underwritten by McDonald & Co.; Blyth & Co., Inc.; Kidder, Peabody & Co.; Lehman Brothers; A. G. .Becker <fe Co., Inc.; Paine, Webber, Jackson & Curtis; Shields & Co.; Bache & Co.; Ball, Burge & Kraus; Pulton, Reid & Co.; Hayden, Miller & Co.; W. P. Kurtz & Co.; Merrill, Turben & Co., Inc.; Prescott, Shepard & Co., Inc.; The | 1,200,000 shares Sessions & convertible Cunningham, f Offered * Krudes. 3,000,000 Lamson | . Purpose, share. per t shares of comfor working capital, by Baruch Brothers & 150,000 Corp. 10 cents). stock (par 10 cents). V Purpose, for new plant and working capital. Price, 25 cents per share. Offered by company to public, without underwriting. ry ■ • 300,000 Koal " & Kinsley Skaggs & Co.; The First California Co.; Goodbody & Co.; Johnston, Lemon & Co.; Reinholdt & Gardner; Cruttenden ✓:: Texas. of residents Airlines, . Co.; shares of class A common (par $1). Price, $8.35 per share. Underwritten by Shields & Co.; Reynolds & Co. Inc.; A. C. Allyn & Co., Inc.; Schwabacher & Co.; Irving Lundborg & Co.; Hooker & Fay; Hallgarten & Co.; Shearson,* Hammill & Co.; G. H. Walker & Co.; Lester, Ryons & Co.; The Ohio Co.; Courts & Co.; Crowell, Weedon & Co.; Davis, Standard 333,334 shares of common stock (par 33Va cents). Purpose, to repay bank loans and for new equipment. Price, $2.50 per share. Offered by com¬ pany for subscription by common stockholders (256,383 shares) Joseph C. Mackey, President (71,429 shares) and employees (5,522 shares). Underwritten by Atwill for Purpose, ~ mon fide bona to ' Corp.; Merrill & Curtis; Shelby Cullom Davis Co.; Chace. Whitside, West & Scranton and Boston Higginson Corp.; S. Moseley Lee Beane;- F. & Jackson W. Inc. First The Co.; & Co.; Trucking Co. Willis, Iron & speculation. a V Chas. & Fenner stock Inc. Electric, 833,335 Mackey Price, $2 per share. Co., Inc. California. of residents Winslow, 4,383,750 McLean Co. Indemnity Co.; & 450,000 shares of common stock (par $1). Purpose, for working capital, etc. Price, $2.25 per share. Offered by Associated Investment Brokers, Inc. of shares stockholders of Commercial underwriting. All sold. by Webber, & without Co., Peabody Pierce, Paine, cumulative pre¬ working capital. Close & Kerner, Purpose, Estabrook by Lynch, basis. best-efforts subscription fide .. „ $1). (par capital, etc. ! 6% for by Rambo, of shares Underwritten par. a on 1,012,500 Ling 285.000 . 150,000 Irby Bros. Machine - $10). Imperial class A common stock (par 10 cents). Purpose, for equipment, working capital, etc. Price, $1 per share. Offered by General ! Kidder, 25,000 shares of common stock (par $10). Purpose, for general corporate purposes. Price, $20 per share. Offered by Shaw, Hooker & Co. to bona 500,000 speculation. a 285,000 General Capsule i 2,839 (par Insurance capital. without working to public, and inventory Offered par. underwriting, | written 150,000 Commercial Standard Life Insurance Co. 10,000 shares of capital stock (par $10). Purpose, to increase capital and surplus. Price, $15 per share. Offered by company ; 150,000 Gemco Corp. 14,800 shares of class A preferred stock (par $10»; 100 shares of class B common stock (par $10) and 10,000 shares of class C common stock (par 10 cents). Purpose, Over¬ , : Inc. ■ Corp. at Inc. of class A stock (par $1). Purpose, for working capital. Price, $14.25 per share. Offered by Chace, Whiteside, West & Winsshares 3,500 Plan stock 28,390 Budget subscribed. Co. Inc. $100), Purpose, lor investments. Price, at par. by company to public, without underwriting. (par tyy Stroud & Co., Inc.; Warren W. York & Co., Inc.; Hulmfy Applegate & Humphrey, Inc.; Boenning & Co.; Butcher & Sherrerd; Saplee, Yeatman & Co., Inc.; Haliowell, Sulzberger & Co.; and Bache & Co. Over¬ Manufacturing Ayres, & Kenny Offered Underwritten 49,875 Farrington and Co. 99,000 Avalon Investors Corp. 990 shares of class B common stock stock (par per share. 300,000 Eastern | I Willis, \ & subscribed. Monday, June 4, 1956 ... *$650,000 Food Fair stock BUILDINGS, ETC. Properties, (par Price, $i per Dillon & Inc. cent). one shares 650,000 Purpose, - of common Placed Friedrichs & j - . . for Title stock purchase working White, ter & Co.; Hentz C. F. by Merrill & Francis & Lundborg Co.; & A. & ferred Inc.; & Co. Inc. Insurance (par Co. $100). Price, investors Co.; $1). Price, at & & per for share. Compan Howard, & $20). Un¬ & & Beane; & Curtis; Co.; Goodbody Co.; & Atwill Ryons Co.; and 100,000 Purpose, par. through Purpose, $3.75 Atwill Inc.; Kalman Co.; First Co.; Se-'- Reinholdt & Gardner; Scherck, Jacobs & the & Courts & & Co.; 186,250 f Company; Co.; , Placed Salomon shares Weil, ; expansion Offered Clark, Labouisse, by of 980,000 Bros. & of and R. S. Landstreet Friedrichs institu¬ common Dickson & Price, $74.50 Co. & - 5V2% of shares $50 of of unit. per Offered Offered by Blyth & Co., 405,000 bona fide Marquette by A. Cement stock common 2,790,000 residents G. capital stock $10). & Co. Indemnity (par $5). • per Iture 5,000 stock Cohn Corp. Insurance Co. $46.50 60,000 per share. 1 Under¬ of 400 shares circumstances appears, as among convertible into shares of com$100 of debentures, "would per a device, scheme and artifice other things, that the issuer to is is without value;" and (3) notification and offering circular with respect to the debenthe the the proposal stock common : The turcs p. issuer were false and misleading, particularly In failed to disclose that, sale of debentures were to be used to pay on the debentures to be issued or provide for their ul¬ and (bl the stated expectations of profitable justified by existing facts.- redemption, operations ' of it that and financing (ai timate of Offered shares rate the because (requirements shares . since most of the proceeds off mortgages and 'other indebtedness including bank loans, there may not be sufficient ffunds available for a profitable operation of its bos'n-ss and. there¬ fore, that the issuer may not be in a position to satisfy the interest that Oversubscribed. Co. the at under ithat the from Price, $81 per share. Inc. Completed. Price, stock defraud Inc. Indiana. % insolvent Manufacturing (par Becker Massachusetts of ;mon by $60.50 1954, Cherokee to grounds loperate ' ~. ' con-, the .■ r $180,000 of 6%" convertible debentures was pro¬ order, that the offering of the debentures, ;(2) debentures of common stock debentures and 11 1,008,000 Ingram-Richardson, Inc.- 72,000 shares of common (par. $2). Price,. $14 per share. Offered by Kiser, & Shumaker, Inc. and Indianapolis Bond & Share Co.; Kirkpatrick, Co.; Rowles, by $125,000 27,500 units in stock. Dillon Inc. and 1975 27, - the Commission asserts that it has "rea¬ believe" (1) - that the terms and conditions of Regulation A have not been complied with in that both notifications are "false and incomplete as to unregistered securities of the issuer and affiliates sold within one year of the respective dates of filing;'* suspension its sonable capital stock (par1 Eastman, Dillon of Offered public offering of In Oversubscribed. Telephone Corp. 19,600 shares of preferred stock (par $50). Price, vertibie .capital. & General to stock share. Properties, 15, of share. Hutzler. working & pre¬ short-term with shares 45,000 per cent) one Eastman, Co. 4.20% reduce to privately Fair Sept. (par Co. $40 May whether posed. Completed. shares • Inc.; Northwest Food due . Irving Mason-Hagan,- Pacific . . H. Glass Price, Co. on the question made permanent. at, 15c stock Rich- or the public offering of 2,000,000 shares of its lc par common per share. In the second notification, filed April 5, 1956, --proposed McDowell; & request, Regulation A notification, filed first the upon be vacated order should suspension In hearing, for opportunity Stifel, Nicolaus & Stroud & Co., Inc.; Co., Blosser Straus, registration under the Securities Act of 1933 with respect to this co-poration. The order provides an from offering'*, of securities by two Hancock," Weil, Labouisse, Inc.; Arthur M. Company, & Co.; & Co.,- Inc.; Semple, Inc.; 1,800,000 Federal ; and Co. share. per Penner Jackson 300,000 Atlas Sewing Centers, Inc. 80,000 shares (par and / Investment stock Gibson C. Inc.; Sutro & Co. and G. H. Walker & Co. com¬ i Co.; Lester, McCormick of ($300,000) Hallgarten & Kidder Co., Co.; borrowings. tional M. Pont shares $10 Pierce, Webber, (Inc.); du Fire Price, Paine, Co. 200,000 refunding Reliable Lynch, Co.; I. Merrill Lynch Oversubscribed. •10,000,000 Associates of ($1,700,000). Republic Cassell Co. Purpose, stock of Weld Central Insurance $2). capital derwritten California First W. ' & (par & Pierce & Co., Inc.; Co., mon Sons; Chicago; Co.;- Hill Brothers; Howard, Kroeze, McLarty & Co.; ^Le^ter, Ryons & Co.; Metropolitan St. Louis Co.; Paine, Webber, Jackson & Curtis; Piper, Jaffray <fc Hopwood; Rauscher, MISCELLANEOUS $2,000,000 American & of & Krensky working capital, etc. privately through Eastman, for Co. share. Co. Blackstock are not proposed public offering oi $180,000 6% convertible debenColumbia Securities Co. has been withdrawn.—V. 383, through 1855; V. 179, p. 2703. * j Number 5539 Volume 183 Chesapeake . . The Commercial and Financial Chronicle . This corporation It filed the statement registration a with the The company SEC on par organized under Maryland law on Feb. 16, 1956, and operate a recreation resort. It has under was in the The first the year follow-up 18-hole golf Md., is program and course, be for the from 1C0 construction to complete the memberships be facilities, and The of sale the complete due 1970 B due ' A A" ' Secretary, of Washington, . Barbour, Samuel Bevard, S. the Interstate The to is issue cost locomotives; be Stroud Caboose the Co. subject to are the and cars 16 April 12, period tional gallery type switching cars. " v suburban Union Securities Corp. the past of $19,225,402' in and year will • property, invest plant and equipment $60,000,000 more than more during the next two years, to meet the expanding needs of Cincinnati, Hamilton, Middletown and Northern Kentucky areas. and company others Valley Electric blocks of 1956, and load. OVEC this participating in the supplying OVEC with been enable The it Ohio large to carry the Atomic Energy full scale operations on March 13, commenced from the companies have to power revenues 15 project temporary Commission the of Corp. source for for the year expected are to $92,702,391, were period.—V. 1955 Scott s be minor Scott, —V. 181, p. compared as . This May 183, With filed covering of statement convertible with The on deben¬ increased an added to at of unfilled orders and which aggregated.. 28, 1956. The remainder of the proceeds will be general funds of the company and will be available for the corporate any volume May An Increase purposes. in orders new has increased at company, 10:30 a.m. 72 West Adams St., Chicago 111., 90, will to it The eral K. McCune, Manager reported for the west the work company's Chicago is remain "on to be Electric Atomic Co. to schedule" Co. Vice-President Gen-, and Products be located despite about 50 miles engineering many south¬ problems ' solved. Electric must spend problems involved "have cases many General in power been never Electric all-nuclear building plans to Congress, the to The Dresden power station, largest in Committee the and in the faPh that Atomic encourage Bechtel the Commonwealth Natural Gas Corp. — Debentures Of¬ fered—The corporation on May 24 offered to its common stockholders of record May 22, 1956, the right to sub¬ ible on or before June 7 for $1,173,000 4V2% The debentures during the months may be redeemed at prices ranging from 104'/2% 12 months beginning June 1, 1957 to 100% during the beginning June 1, 1970; plus accrued interest in each case. They are 1957, initially increased each ol convertible the at 5% by into $30.50 of years 1959, common per the stock share. amount 1962, at The 1965 and any basic previously in time after conversion effect on June price June 1 1, is of 1968. Private Placement—The company also plans to sell $2,100,000 378% first mortgage pipe line bonds, series C, due 1976, to a group of five insurance companies. PROCEEDS—The net proceeds June 1, of 1976 first will, mortgage MA-2 are self-propelled and furnish main engines and such as the F-100. to the Air Force will in begin corporation test tools, and equipment spare units,—V. 183, p. 2180,^ y'/..V • if.aa• support 21 filed a letter of notification with the shares of common stock (par one cent) to share, through Shelley, Roberts and Co., proceeds are to oe used for expenses incidental to May on 1,500,000 at 20. cents Colo. raining The from pipe together with the sale of the debentures line other bonds, cash, be 37/s% applied series to the and of C, due retire¬ was per cf share. 3,289,003 3,212,000 $7,828,000 outstanding share 2,619,256 A; A $3.46 , *. ' 2,600,059 $3.01 the fiscal March $2.61 share per with $73,817,000 the major defense contract. a the year preceding before year year, shares. Sales 658,761 and reflect reduced were from amounted to 1956 In the on compare of 31, 886,687 chares. on or Share— a ended year the by substantial non-recurring of Weston Electrical Instrument merger Daystrom, other costs associated with the company's transi¬ into the electrical-electronics field, product Thomas which and began the in costs behind —V. the it was reported. President, said that With 183, p. latter our of of excess transition should $70,000,000 and over also show the in the heavy improvement." plans the i to right of snares Light Co.—Rights to Subscribe— offer to to Its subscribe stockholders common on stock common before or the on of by the board of directors on about or 232,520 basis for each eight shares held. Bids are expected by the company up to 11:30 a.m. (EDTt on June purchase from it of any unsubscribed shares. The price fixed record for 26 June $13.501 (oar of one to be re¬ 6 for the ceived be current resultant material share new un¬ an 2289. 1956 additional in of earnings us, company 6, bill year Delaware Power June elimination "the improvement in sales, the year just ended, is continuing, of part should company year. and the line, Roy Jones, fiscal share per 4. June This it was announced on May 29, company, has received SEO to issue and sell, at competitive bidding, 232,520 shares of its $13.50 par common stock. Net proceeds will be applied toward the construction program of the companv and its subsidiaries and the of bank Dennis Run The loans incurred.—V. 183, p. 2289. See of O'Neill 183, V. Jan. Croff Oil Co. The company The tion. has withdrawn as the under¬ shares oi common stock at $1 to the group on Salomon April 18 offered to its stockholders 1,250,000 shares 10 cer.ts) at 12% cents per snare as a specula¬ (par privilege expired 21. May on Interstate The cost issue not tives; 100 for and company < was additional working capital. incorporated in Utah on Oct. 5, 1907, as Croff intermittently in the exploration phase of the mining industry. On D?c. 30, 1949, the stockholders, at a special stockholders' meeting, amended the articles of incorporation to authorize the company to engage m the acquisition of oil and gas properties or interests therein and generally to engage in all pnases of tue oil and gas industry. On Feb. 29, 1952, the name of the company was changed to Croff and Co., stock the made non-assessable. was the intermountain the Montana. vanadium The Colorado, chiefly Utah, Nevada, is also the owner area, of company three Wyoming uranium- and is carrying on three mining operations by contract mining on two of these three properties. The company has owned five patented lead-silver mining claims in the Lincoln Mining District, Beaver County, Utah, and 12 patented mining claims in the Bradshaw Mining District, Beaver County, Utah, properties 1907 and raise small 1926, respectively. Last operation completed and an ore bin built was Hutzler the of Commerce is less May 29 & sale to be 50-ton the certif'cates subject to 3%s. as authorization of the by offering Christensen, 50-ton 100 and cars the & for are Commission. secured box in 99.205% following equipment estimated to $3,778,633: 12 Diesel-electric road switching locomo¬ than Writer its bid of 99.06%. on bid certificates flat McMaster are: Inc.—V. 183, cars. Hutchinson Co. & and 2535. p. was on in Devall 1948, when the Lincoln Dis¬ Land The SEC at corporation covering $2 Marine Construction Co., inc., Lake three to are boats May 16 filed a letter of notification with the shares of common stock (par $1) to be offered on 150,000 share, per proceeds through payment of notes, for working Diversified change of Industries, Inc., Vickers used be and A Financial of name Houston, to Texas. purchase The and equip Corp.—Changes Name— this corporation announced was Brothers, capital. to Consolidated by David W. May 28 on American Cunningham. President. A " "The corporation's companies capital In in and order merely companies Cunningham said, then, by giving and assistance the them are the . needed, "is corporation organization divisions, as to them make acquire such them brings new grow. newly rather than subsidiaries." as has American as purpose, this into establishing Mr. fields, accomplish Consolidated Sanders aim," diversified management to acquired four divisions at present. They the are Manufacturing Co., Tulsa, makers of ordnance, guided missiles components; American Railway Salvage System, Dallas, a large volume merchandiser of consumer and industrial goods; The Coastal Co., Houston, a large discount house; and the Atlas Insurance Co., an Alabama organization underwriting automobile, fire and casualty and aircraft insurance. In in Central property. As of addition, America Fob. 29. Chief activity of the company at present is the exploration and of uranium-vanadium properties, all located in the Gateway cf Mesa County, Colo,, and Grand County, Utah. The company's oil and gas leases are located in Grand, San Juan, Emery and Sampete Counties, Utah (5,000 acres); in various areas in & Charles, La.—Files With SEC— offering The proceeds are to be us*d to repay cash advances, for explora¬ nec Bros, and (Utah)—Stock Offered— subscription program withdrew its proposed offering of 46,000 (par $1) at $6.50 per share, through Grover York, has been withdrawn.—V. 182, p. 2465. stock New 1, 1957, to July 1, 1971, inclusive. The certificates, to yield 3.30% for all maturities, were awarded Associated underwritten. not The on stock common Co., scaled 2180. p. recently common & Denver & Rio Grande Western RR.—Equipment Trust Certificates Offered—Halsey, Stuart & Co. Inc. and asso¬ ciates on June 1 offered $2,820,000 of series (J 3V4% equipment trust certificates, < maturing semi-annually Inc.—Underwriter Withdraws— Cruisers, Corp.—Offering Withdrawn— company shares Peters, trict shares resulted Issuance Securities Corp., New York, a proposed issue of 300,000 Lepow writer a > 52,807,000 $9,063,000 stock-—— $1,716,000, for Ivhich profitable the Crestmark since 31 1955 1956 — for completion costs operations. and MARCH ENDED ' Sep¬ 12-month period, according to Mr. Schafler. a maintenance ground covering Consolidated and tha sulphur owns and oil properties Mexico. com^ar-' had capital surah'.s of $1,500,000. mining Mining Eastern Nevada and acres) in (51,000 Weston in the Wyo. (80 acres); County, Cisco, acres in Utah there (R. S.) GIVING (par 10 EFFECT cents) TO PRESENT FINANCING 5,000,000 shs. Outstanding 4,811,516 shs.- 769. p. Curtiss-Wright Corp.—Plans New Laboratory— for Plans the establishment this corporation of a new Nuclear Materials Laboratory consisting of a reactor and radioactive hat cells was announced on May 29, by Roy T. Hurley, Chairman and President, The new nuclear research facility, which Mr. Hurley said will be constructed with funds tppropriated from corporate earnings and re¬ serves, will be another major addition to the 80 square mile Research and Development Center of the company at Quehanna, Pa. "The new Nuclear Materials Laboratory," Mr. Hurley said, "will be by both for the support of defense production and for peace time applications of atomic energy. In addition to the reactor, it will be equipped with supporting facilities such as shops for the design, con¬ used and testing Curtiss-Wright is pulsion Provo program a of nuclear the participant in p. U. S. Air to nuclear pro¬ financing by the company and 153,575 shares will be sold by certain shareholders, for the most part not active in the management of the company. The Co. underwriting Inc., At election of Walter W. Finke as President New establishment Proceeds ment next of The The of this corporation, will be headed Harriman by Ripley & in company, which is the largest commercial printing the United States, has 2,109,000 shares outstanding. the stock program which three years. sale is will finance expected to in part capital improve¬ $48,000,000 in the a approximate proposed issue will be the first public financing by the company. contemplated expansion program will equal the capital improve¬ over the past decade during which net sales have jumped ment made about $40,000,000 increased during in the income standing Mr. Finke, who was Vice-President and syndicate York. the present For announced 011 May 31. 1876. p. This company on May 28 filed a registration statement with the SEC enable the 92-year-old family-owned printing concern to offer shares of common stock to the public. Of the total shares being registered, 420,000 will represent new net The 181, 573,575 $6,600,000 Force 1364. Datamatic Corp.—New President Elected— Was Producers, Ltd. below.—V. Donnelley & Sons Co.—Registers With SEC—• from instrumentation." for aircraft.—V. 183, Gas is one Authorized stock 133, See (5,150 which area on (Western) Ltd., Toronto, Canada-^ Sells Certain Gas Reserves— wcllt- CAPITALIZATION Common —V. Dome Exploration District struction $2,100,000 MA-2, convert¬ debentures due June 1, 1971, at 1011/2% at the rate of $100 of debentures for e*ch 30 shares of common stock held. The offering is underwritten by a group of invest¬ ment bankers headed by Scott & Stringfellow. 12 over includes the for producing scribe Model the of continue Denver Oil YEAR FOR ' $2.01 per share or retirement in before." the Energy Commission private development. Corp. of San Francisco, Calif., engineer-constructor for plant, has 25 engineers working on the Commonwealth project. These Bechtel engineers already have started "on final design on sev¬ eral features of the plant," Mr. McCune related, adding that plans for foundation and erection are "essentially complete."—V. 183, p. 2535. want deliveries offered tion after transferred authorization beiow. servicing, air "... of building $700,000 been 58,754,000 common income The solved have going ahead, he explained further, Joint Diesel's Con contract per have 2788. $63,153,000 1 A ' great deal of time and money solving this huge atomic power plant which in a plant yet scheduled, company is A Consolidated Mercury Corp., Winnemucca, Nev.—Files be service of $71,103,000 $63,847,000 common p. income tion present time the company is engaged in the acquisition, holding and disposition of oil and gas interests, including Federal, State and tee land leases, landowner s royally and overriding royalty operation for Commonwealth in 1960. Mr. McCune said that construction is scheduled for completion in 1959 an<i initial tests and operation will begin in May, 1960. General Electric went ahead on the construction of this country's largest all-nuclear power station, Mr. McCune said, to serve the longrun interests of its shareowners, its responsibilities to the system of free enterprise and the national interest. The Exchange Commission— air starting of for latest model Century series jet aircraft, Initial SEC FIGURES common per CorJ?» American Industries, Inc.—New Name— support, tember and At . General Co., Dallas, Pa.—Registers Mining Co. From that time until early 1950, the company was engaged - Division, on May 24 180,000-kilowatt Dresden Station designing the on Commonwealth Edison of which that of General a of ground units, towing The building that __! on of 182, Net has been awarded a contract exceeding $9,000,000 support units for the Department of Defense, I. Schafler, President, announced on May 29. electrical of on June 5, receive bids for the purchase from first mortgage bonds, series R, due June 1, 1986. . Building of Atomic Plant Announced— Francis Number net a Corp. cost a corporation The up <CDT) $40,000,000 • Consolidated Diesel Electric Corp.—New Contract— This was Commonwealth Edison Co.—Bids for Bonds June 5— FINANCIAL $1,784,000, 10 Financial present at deductions Earnings —V. . now Diversified ' the one. revenue Income 100,000 Consolidated using now that remodeled Daystrom, Inc.—Earned $2.01 20 23 10 — continuing. be % Co and and Water Heating s. revealed will Operating expenses will company's The to contemplates the sale to institutional investors later this year cf approximately $2,500,000 of additional securities consisting of first mortgage bonds and a new series of preferred stock, proceeds of which will be used to further reduce bank loans. —V. 182, p. 2247, ; ' the working capital requirements. In addition, it is presently anticipated that expenditures for additions to property during 1956-58 will aggregate approximately $25,000,000.—V. 183, pp. 1611 and 1856. new Gross 40 —___— Telephone liled company The SEC the subordinated aiso Avenue departments the the covering is which incurred (beg inning May 24, 1956, to finance larger inventories resulting $4,100,000 agreed subscribed not Electric follows: as and per registration statement with the SEC on May shares of its $10 par common stock, to be offered for public sale through an underwriting group headed by Eastman, Dillon & Co. The public offering price and underwriting terms are to be supplied by amendment. Net proceeds will be applied in reduction of the company's bank loans with The First Pennsylvania Banking & Trust Co. As of May 1, 1956, this indebtedness was $3,000,000. It is expected that an additional $1,000,000 will have been borrowed by the end of June, 1956. Borrowings since May 1, 1955, have been to iinance a program of modernization and expansion, With SEC— tures due. 1981, to be offered for public sale through an underwriting group headed by The First Boston Corp, The interest rate, public offering price and underwriting terms are to be supplied by amendment. Of the net proceeds of the debenture financing, a portion is to be applied Jfco the retirement of outstanding short-term bank borrowings from have below — & River. report Earnings debentures Mason, "Inc. & from 35c of Strudwick Wheat company •?;i a-:' $15,000,000 paid were dividends ';■ :: July on Miami 12 Months Ended March 31— . 2288. p. 1956, parts registration a C. paid on is money $3,545,900, ' Great SALIENT ' 1956. named the to paid construction Division Long's Monument certain 351,669 shs. was share per Quarterly of ...A• 'A. ■■ & Securities This secon¬ 183, p. 2180. 1956 30c underwriters Stringfellow Horner multi-purpose Equipment Co.—Secondary Offering—A corporation 29, of 1956, and May 3, the on ' 1,173,000 was this Gas $535,100. Earnings with 1558. Combustion Engineering, Inc.—Registers . 3, of Mr. share per of $21,145,200, The two major projects are the modernization of the Frank M. Tail Generating Station which is well under way, and a new service building, being built at a cost of $3,800,000, on Broadway just south 2,100,000 amount same 1955. 1, Nov. Commonwealth after dary offering of 24,000 shares of common stock (par $15) was made on May 31 by Merrill Lynch, Pierce, Fenner & Beane at $52.87J/2 per share, with a dealer's concession of $1 per share. It was oversubscribed and the books closed.—V. & Anderson Norman Clark the dividends through A"'1'A . A Total operating revenues for the 12 months ended March 31 were $110,827,346 against $99,376,873 in the like period ended in 1955. expenses in the respective percentages exercise of rights: See $83,158,994 in the dividend A paid on Feb. '■ that date. Operating resale 700,000 25c of allocation Divisions Outstanding 1,173,000 dividend on Division FINANCING 500,000 shs. initial Quarterly 1954, were by 25, 1955 of $12,203,023, or $1.79 a common share, Walter President announced. However, the company made addi¬ investments during and $3,825,000 1971— (40%). company's 1956 construction program will total $25,226,200 schedule, according to Kenneth C. Long, President. is The natural company's 2,100,000 due purchase estimated in Beckjord, 1, J. earnings of this company and its subsidiaries for the 12 months ended March 31, 1956, totaled $13,686,949, or $2.01 a common share after preferred dividends. This compares with net earnings for the same sell to 725,000 par) UNDERWRITERS—The . Net C. 1954. 1954. 15, share 4V2s. Cincinnati Gas & Electric Co.—Earnings Higher— , ($5 DIVIDENDS—An 2414, p. The and -A A Drexel & Co.; are: 183, Inc., $3,960,000 —... 1976 due C debentures stock Common authorization Commission. offering Inc.—V. series Convertible Presi¬ as by the following equipment $3,881,250: six Diesel-electric road in & the certificates secured than 25 Associated and Commerce to less not certificates for the continues as Wilson Mr. ' Dayton Power & Light Co.—Expansion, etc.— Unlimited Goodwyn & Olds Halsey, Stuart & Co. Inc. bid 99.13% the of Wilson. in Heatflame; Authorized 1970— A. and proposes succeeds John J. *.»' "•' ' ' • Manager, Director. Datamatic, manufacturer of electronic data processing systems, is oWned by Minneapolis-Honeywell Regulator Co. (60%) and Ratheoa Va.; in portable con¬ certain properties PRESENT TO bonds— line A certificates, maturing annually June 15, 1957 to 1971, in¬ clusive. The certificates, priced to yield 4.25% for all maturities, were awarded to the group on May 29 on its bid of 99.34%. of pipe series Harry sale June 1 offered $3,105,000 4%% equipment trust of Gas areas .. mortgage Nov. sale service gas owns which . First series "A'A and Bottled Corp. EFFECT , stock, A. Chicago & North Western Ry.—Equipment Trust Cer¬ tificates Offered—Salomon Bros. & Hutzler and asso- Issuance the GIVING 4Vs% 3%% of stock CAPITALIZATION 3 Vz % Bland, Washington, Vice-President, on outside customers for Distribution which , Manufacturing Co. It engaged • dent, of Washington, Milton M. Yingling, of Hyattsville, Vice-President, and Alton P. Burgess, Washington, Treasurer. dates services propane Inc., company. Co. Portsmouth, subsidiary, Heatllame, its of sale line Gas around and and Industries, will " V. proceeds Net the of Virginia distribution and Gas in gas Corp. the land, construct the buildings Install outside all necessary functions for complete resort the promoters include James offered. to Subsequent program. year then be acquire operation, - will to used first to gas of pipe gas Portsmouth customers. Secondary financing is to be in the form of $500,000 of borrowings through banking circles or through a leading insurance company. This, together with the initial stock sale, is expected to be sufficient to in Virginia Gas performs certain Commonwealth harbor, boat a Gas The General a , Station. Compressor natural a are sale and Petersburg is They tainers; and cottages. guest 150 of distribution company's company subsidiaries. engaged with over a milq of Bay frontage. located on the south portion; and to calls program five Bottled " Bay resort area, Chesapeake the at BUSINESS—The has and proposes to construct 41 present line the option ii 327-acre tract below Prince Frederick in Calvert County, notes payable due July 31, 1956, to the miles of 18-inch pipe line roughly paralleling in part and to the provision of additional 3Vfe% of about of company's compression value. only 2,500 1956 shares. $600,000 construction the is of . - covering 5,000 shares of common stock, $300 company's intention to offer for sale at this time The shares are to be offered at $300 per share. May 29, ment Club, Inc., Upper Marl- Country Shores boro, Md.—Registers With SEC— 9 (2649) 1955 first a year same four months $2,611,000, shares. were The the to period almost from $100,000,000. about Net income to about $2,800,000 1955. or of 1956 about $1.24 net per sales share were on $36,519,000 and the 2,109.000 out¬ The comparable figures for the first four months of $30,872,000 of net sales and $2,056,000 of net income. directors intend to declare a quarterly dividend of 20 cents per The Commercial and Financial Chronicle 10 (2650) payable Sept. share • dividend Dec. on 1 First 4% stock 1 to holders of record in August and a to stockholders of record in November. 1911.' ' principal plants of the company, known as The Lakeside Press, Chicago, lil„ and Crawfordsviile, Ind. Another plant is operated to Detroit and a fourth is now under construction at Willard, Ohio. The company performs a complete printing, binding and shipping tervice and is equipped to print by letterpress, offset and gravure in " processes. The binds and prints company ,, offered to a selected group of licensed general insurance agents in Georgia and South Carolina, 42,634 shares of class A common stock at the same price (this several of the portion of major a derwritten of the plant per day, Thj company produces suostantial portions of the catalogs for The Firestone Tire & Rubber Co., Montgomery Ward & Co., Inc., Sears Roebuck & Co., Western Auto Supply Co., and many others. In the telephone field, Donnelley prints more than 1,000 directories for widespread operating companies, both of the Bell System and A anu major portions of The EncycloEncyclopedia," and "The World for methods and dated Jan. 24, 194G, for the benefit of Thorne Donnelley, 21,945 of 99,750 shares held; The First National Bank c f Chicago, as Trustee of Fund B under the Will of Reuben H. Donrelley for the beneiit of Eleanor Donnelley Erdman, selling 48,878 ihares of 221,175 shares held; The Northern Trust Co., Trustee under , July 28, 1924, with Thomas E. Donnelley, for Donnelley Haffner, selling 25,300 of 115,000 Haffner, Jr., Chicago, selling 8,530 of 33,530 , selling Of Clarissa of benefit and C. C. outstanding the 352,345 shares, 297,033 President; Chicago, 5>>nnclley, elley, Santa Barbara, Calif.; and elley Erdman, Pasadena, Calif. (16.71%) are owned by Gaylord (14.11%) by Elliott Donnelley, : the a corporate has principal place of business is 'at whose Ga., was in Ga., Augusta, Gordon, in it also operates of Augusta. and vicinity the EFFECT TO CAPITALIZATION GIVING . a • banking facility /. ^ at \ build to by announced ere almost is Ground of site long be and a the Center units of to Lelarid I. Doan, President. approximately 80 acres has this sum- stock the for plan for the Center, approved by the executive committee May, calls for construction of the first three units as soon in plans The been have to unit Building, V. p. 133, built be- f ervice and finalized first which Is is bids Chemical the exoected for to Sales A. 2535. Parking Association, Portland, Inc., —V. Ore. corporation f "TC covering preferred each of class Portland, Ore. development tbe of Electric } tdvey, The I e $75 proceeds parking in of a new Caracas, to used units of one Blyth & Co., * for firm, new in expenses Venezuelan manufacture been Unit— electric announced by storage James P. ' Corporation involving Venezolana the Electric De Acumuladores, S. Auto-Lite Co. \ will A., Venezuelan and interests. and Lite Batteries imported from • tractors will be produced at the United States.—V. ' Electronics Investment Corp.—Asset Value Rises— v.. tal assets net l<iet asset value The doctors vst Investment net realized I2ay 1, • — have $4.93 declared income and dividend a of distribution a gains, both Salik, President, payable May $4.57 four per cents per of E. 13,000 stockholders stockholders.—V. <5, *. 1956, lor public Net t ,n - covering of 181, that the Fund a registration $7,500,000 at be used statement of competitive will Township 183, debentures, bidding. to redeem all due of the 1986, the barks (amounting to aJ^hS T""6 ,incurred to $7,450,000 Provide at funds this c°rporatlon and National J• iierge th^two r. *" companies. maJonty ,n.J stock i to ° S- division , ' was offered Peppiatt, of 31, 1956), fi- 00' i President, said that if the deal Corp.—Gilbert Elected Corporation's of production and research as well as having been an of the company for the past several years. He and Assistant Division Manager before his recent Presidency.—V. 183, p. 1966. in both officer the 10 shares of gain First this over company those of for the March 31, 1956, as with „ earnings bv —The public of amounted to 51 cents per share on Co.—Stock 2466. - corporation way. three-story a con¬ / provides structure, brick ; the > - building, with A/ • an General Telephone Co. of Indiana, Inc.—Bonds Placed Privately—This sold on May 29 at par $3,000,4% series due 1986 privately company 000 of first mortgage bonds, At the time the same com¬ sold 28,000 shares of its common stock for $840,000 Telephone Corp. pany to General .The proceeds will be used retire to short-teim bank amount¬ loans, to $2,300,000 and to provide $1,540,000 for 1956 construction and expansion piuposes. * The company serves more than 141,000 telephones in that state, ing the being largest exchanges 183, p. 2290. —V. in the ' cities Lafayette of and Elkhart. " » : - General Telephone Corp.—New President of Units— L. Joseph companies Van Effective June Nebraska 1, President operating has been elected Telephone System Horn General In and Minnesota. Missouri, Nebraska Iowa, W. 1956, Continental Autry, T. Telephone has who J , been President Vice-President became Co. of the telephone in the states of • of this of of companies; and D. A. Barnes, who has been SecretaryTreasurer of Iowa Continental, becomes Controller. ' same group for Headquarters will be at Grinnell, this group telephones in service p. Iowa. The number about 80,000—V. 183, 2417. the entire for group is (G. M.) Giannini & Co., Inc., Pasadena, Calif.—Regis¬ Commission— • - v ters With Securities and Exchange corporation * filed statement registration a with the SEC on 1956 covering 50,000 shares of cumulative convertible preferred A, $20 par, to be offered for public sale through an series Walker & Co. The dividend rate, and underwriting terms are to be supplied by .71' ; -V: whose major business is the development and manu¬ offering price amendment. The company, of airborne control for military end use, preferred stock sale to the V-Loan Credit Agreement Angeles. The proceeds of t,uch borrowings were added to working funds in connection with defense production contracts. The company expects to borrow in .the future additional sums, and may make advances to affiliates.-, In addition to the $950,000 bank notes,. the comoany has outstanding 100,000 shares of $1 par common stock..—V. 183, p, 1857. v facture to proposes automatic apply proceeds the of equipment the repayment of a loan of $950,000 under a with Security-First National Bank of Los high new investment Bergen, equity of $9,094,677 was attained-by and its wholly-owned subsidiary stockholders' in closed-end USNR, company March 31, it was announced by Rear Admiral Chairman, $8,458,885 of . - Irving Mitchell Felt, and Net income earlier. year a President. $149,290, was with net loss in the 1955 quarter including securities proiits, compared i.' $17,855. investment, The ported the had Oil Co. Co. had March net net net had company's .three following of non-consolidated subsidiaries re¬ for the first quarter: R. Olsen $38,517; United Supply & Manufacturing operating results income income income of of the $134,072; J. M. Crose Manufacturing Co. $93,113 from its date of acquisition Feb. 7 through / Subsequent to the end of the quarter, Graham-Paige eliminated its preferred stocks and its capitalization now consists entirely of common stock. Holders of 19,921 shares of 5% convertible preferred stock ex¬ changed their shares for 375,215 shares of common stock, and the remaining 456 shares were called. The 347 shares of 5% cumulative 31. been called on March 6.—V. stocx -A had pieferred ', • ... ,r 2183 and 183, pp. /■.. . v, Elevator Warehouse Wilmington, Co., Del.— Registers With Securities and Exchange Commission— This filed company, statement with registration a the SEC on May convertible subordinated debentures 126,059 shares of its 10c par common stock. to offer the securities for subscription, in 1956, covering $6,302,950 of 5% 28, due together 1976, The company units with proposes of' $50 consisting debentures of and one common share, by .the stockholders of National Alfalfa Dehydrating record June 20, 1956, on a basis of one such unit for each share of preferred of National, and one such unit for each ten shares of common of National. The subscription price is to be and Milling Co. preferred common of unit. per for brokers underwriting No sales or exchanges involved. The company at the rate of 25c is units of will per pay unit. rights, credit will be given toward.the subscription price on a basis of $45 for each share of preferred and $15 for each share of common of National tendered as a part of the In exercising the subscription V* " subscription. ' on May 17, 1956, Fosnocht, Sinking Springs, Pa.; James J. Davis, Philadelphia; W. A. Donnelly, President, of Lawrence, Kan.; and Morris E. Albert, of Camden, N. J., who each own 200 shares (20%.) of the outstanding common stock of the com¬ The by company the the of of to of other units National for to engage grain bins, proposes corn storage loans or • company erection for organized under Delaware law of Philadelphia; M. Grant . The or was Seiferth, E. Herman are cribs, in the purchase,; reconstruction and public warehouses elevators agricultural products—and to make investments in, corporations. Net proceeds from the public offering to be applied as follows: $318,000 will be paid to land, structures, and equipment erected by it at Garden added to the company's general sufficient working capital for any presently contemplated proper corporate purpose. The company expects to obtain the major portion of the money necessary for its storage facil¬ ities and for future real estate ventures through mortgage financing, sale-lease transactions and other forms of real estates financing. City, Kansas; and funds and will the balance will be provide Greenwich Offering Oversubscribed offering, which was the as The 25,000 $12 share per F. by The General Electric Co.—New ' instruments equipped with a "sixth sense" have on Co., Greenwich, May shares 18 of filed a common letter stock Conn.—Files— of notification with (no to Container Corp., Salinas, Calif. — Registers With Securities and Exchange Commission— Development— de¬ signed by this company's engineers to help control complicated chemical manufacturing processes at the Atomic Energy Commission's Hanford plant. R. J. Brouns, GE chemist employed at Hanford described two such Special Gas the 8EC par) to be offered at stockholders. This offering will be underwritten L. Putnam & Co., Inc., Boston, Mass. 1 proceeds are to be used to reduce bank loans.—V. 179, p. 517. company covering Growers a assets of p. earnings made on May 23, of 228,028 shares of common stock at $32.87V2 per share by Kidder, Peabody & Co. and associates, was quickly over¬ subscribed. For details, see V. 183, p. 2536. ' of it had 2,000 year Federal- ftnd 1-800 shareholders. During the same g<j' had total sales of $85,000,000, 1956 Fruehauf Trailer total business of 11^,000,000, 6,300 employees and 7,300 shareholders.—V. 182, quarter :. . the same compared ; . additional 21,000 square feet of floor space for its plastic balloon activities. ; ' • ;U, ■ ; ; By last October, the demand for plastic balloons had increased so greatly that the company opened additional balloon manufacturing facilities at St. Paul, Minn., increasing its production space from 29,000 square feet to 70,000.—V. 183, p. 2537. \r • Inc. Bearings, approved leased The pany. first quarter of 1956 showed a period in 1955, John Oman III," Chairman of the Board, announced on May 28. Billings totaled $1,426,285 in the first quarter this year, as compared with $592,293 in billings for the first three months of 1955. Net income before Federal taxes totaled $84,536 for the quarter 140% ana¬ , 167,500 shares outstanding, Mr. Oman said.—V. 169, p. 1113. a P'»n <° for this trans- assets were more than $10,500,000, President cor¬ obtain engineering personnel to a new headquarters is now under completed, these operations will for the first time be $50 elected $5,000,000. Co. will be operated a been succeeding Dr. Max E. Bretschger who retired the 30th anniversary of his association with the company. has, in his 21 years with the company, acquired broad to this of operations & $1,481 for the' first three months of 1955. The company sustained an operating loss of $31,425 during the first quarter of 1954. As of May 25, 1956, the company had business on hand totaling Motor Bearing Co., is has process c- solidated under one roof. air Chemical and use When Grain that of Vice-President ended Inc. ?1Ot0r Bearin® Co- did n from „ ex- of both companies to vote on °r ,JU"' 25- 1956- Approval requires two- Federal-Mogul-Bower Bearings, on Billings * Proposed — balloon This compares with ' Gilbert A. immediate hours were often necessary to laboratory tests.—V. 183, p. 2537." Graham-Paigre Corp.—Assets and Income Rise— Foundation Co. (N. Y.)—Sales Up 140%— and construction thelr sh"eh<»<«^ Natlorif1 Motor Bearing w 25 & for several from have now expanded to the point where this activity is being launched as a ■ separate department of its Mechanical Division, it has been announced. The move of administrative, flight operations, instrumentation and A • company's May Formerly Plastic this Gilbert election principal 105%, at the shares of each company. f^reement provides for the exchange of for seven shares of Federal-Mogul-Bower Siqonrufnn ^ f t '? { Mr. May on be • General Mills, Inc.—Plastic Balloon Activities— \ Inc.—Buys Equipment— tons ■ helping operating engineers Keep close helping obtain a uniform operation.-'Data '•' 2291. May on 300 Machinery experience bonds of Rari- for enough authorized but unissued stock iition of Chemical Division, 1 May 1 af'*1^!ng?L of the. shareholders IiifrTSnritJ J?£! a' fvu not in has 1 urPOSes. Additional notes may be issued prior to the debenture 3-fencing, depending upon the rate and amount of construction 1 ;;nditures subsequent to May 31, 1956.—V. 183, p. 2289. 'I£ergerral " MoffuI"Bower Bearings, Inc. , SEC $103,000 50-year gold Water Co. (assumed by the company) be applied toward the discharge of to order an i ' • % 22Vic!o 22J/2% 1857. p. 1966. p. administrative with rection. 55 Inc Co., but to • this corporation has contracted conditioning equipment produced by the Airtemp Division of the Chrysler Corp. The equipment con¬ sists of ten 30-ton Airtemp "packaged" air conditioners. Food Fair, operating 240 modern supermarkets from Connecticut south through Florida, is presently in the midst of a $55,000,000 ex¬ pansion program. The program's goal is 50 new stores by April, 1957. Frederick will J otes payable 183, purchase Food record of now 2012, p. outstanding first mortgage 5% balance r'iirnnJoc , sale proceeds r.iount tne filed company - - President of Becco Division— announced Elizabethtown Water Co. Consolidated — Registers Yv ith Securities and Exchange Commission— This offered are as 1 Inc . & received announced was Becco t and Co., share from to 29 severally have below ■ i. presented before the 1956 General paper available is Whitney Apollo Corp. on has company the —V. share from five of cents 1956. Charles t'-jess s Apr. 30, '56 May 13, '55 $11,522,047 $9,150,000 " share per of . Food Fair Stores, It 183, p. 2536. for As of— exercise Porter Co.—Automatic Data Logger— & the for the Venezuelan market, and distribution will be through organizations now handling Auto-Lite and Prest-O- plant .ntinUed c trucks cars, & Jr Evans A. 2073. p. . current.—V. for Batteries Caracas upon the Coast and Geodetic Survey of the U. S. Department of Commerce for an Automatic Data Logger to record Tide Table predictions, it was recently, announced. The Survey publishes tide tables, which give time and magnitude of sea fluctuations a year in advance for principal seaports throughout the world. The Tide, Predicting Machine, which is located in the Department of Commerce Building in Washington, D. C., has been in operation since 1910. Up until now, however, the predictions had to be read from dials and then manually logged on the tables. ^ The F&P Logger will take the information from the output shafts of the Tide Predictor and automatically type out the maximum and minimum water heights (to the nearest tenth of a foot) with the times at which they occur. In addition, the Logger will also record slack? water time and the maximum velocity of both the ebb and the flood This facilities. and to has be the 4,000 shares and sold in through unit, are company be $25 133, Space Lane, Kilpatrick, J. Fischer with notification (par to per building Venezuela, of President. partnership a The a $501 par at stock Auto-Lite Co.—Forms Establishment "lotteries stock, letter a common stock of filed 18 4,000 shares of cumulative t-f F^are May on class A of a Monday, June 4, 1956 . 9 1 runs, and instruments lytical results John J. —Files With Securities and Exchange Commission— The issue the company has agreed to sell to them percentages set forth below, such of the stock of the company as are not subscribed exercise of warrants insurance agents: Clement Downtown for named underwriters and the hy Johnson, 1957.— In reserved respective the the upon purchased Technical and late completed be in shares 202,195 taken. are 10,451,250 797,805 shs. 202,195 shs. 10,500,000 ' 825,000 shs. *325,000 shs. value). par shares purchase, to results over the public options. severally, master ($1 in * . ■ .. underwriting group headed by G. H. $668,592 $742,880 value) par stock 50,000 from May 29, Outstanding Aug. —— ($1 UNDERWRITERS—The • selected been due - stock common which *Of agreed earlier ls A bonds, trust 1988 Common Class Canter. A collateral 1, • wide mile 1 company. for the first broken 5% buildings in an containing of group quarter a Mich., Midland, in 31. May on will form mile the entire be to according A company final half a headquarters for rjter, this its in Center The f iea Center production during control stock, payable to Georgia RR. & Bank¬ ing Co. Administration Center— Administrative new a ally PRESENT FINANCING Authorized Dow Chemical Co.—New » - "sixth sense" instruments This Notes Plans ■ Analytical Conference held in Schenectady^ N. Y. on May 24. General Electric Co. operates the Hanford plant for the AFC. Both instruments measure properties of chemical solutions continu¬ of company. its incorporation located Fort j to two institutional investors. purposes. company, Augusta, St., in 1892, the Georgia RR. Bank & Trust Co. been engaged in a general banking and also since 1929 in a gen¬ trust business. Its main office and its three branch banks are eral by Eleanor Don- (10.49%) 221,175 in engage Broad Since Chicago, Vice-Chairman of the Board; 308,580 (14.63%) by Clarissa, iDonnelley Haffner, Lake Forest; 322,125 (15.27%) by Thorne Don: proceeds to be received by the company from stock, will be added to the general funds of A incorporated in Georgia on Aug. 31, 1953 and owns substantially all of the. outstanding stocks of Georgia Railroad and Banking Co. and Georgia Railroad Bank & Trust Co." The company possesses no charter powers to own or operate railroad properties or to engage in the banking business. Georgia RR. & Banking Co. has for many years been engaged in the business of leasing its railroad properties to the lessees. Under the v lease of the Railroad company's railroad property dnd certain securities of The Western Ry. of Alabama, Atlanta & West Point RR. Co. and Monroe RR. Co., the Railroad company is en¬ titled to receive an annual rental of $600,000 until the expiration ox the lease on April 1, 1980. In the event that the Lessees violate any provision of the lease, the Railroad company has the right to resume the possession and enjoyment of its leased property. On July 7, 1954, the directors of the railroad company distributed to its stockholders, pro rata, its reversionary interest in certain of the securities held by the lessees under the lease. For many years the Railroad company also engaged in the business of holding stock in the Bank, but in 1954 the said stock was sold by the Railroad company to held. hares i dated Agreement ;bares; to general 701 Agreement an the j .. Electric company net class BUSINESS—The • _ "ihe have to extent of $1,000,000 to purchase the & Casualty Co., a corporation to be general fire and casualty insurance business.; The insurance company will issue 100,000 shares of stock of the par value of $5 per share, which - will be sold to the company at the price of $10 per share, and the $1,000,000 thus received by the insur¬ ance company will be classified as $500,000 capital and $500,000 paid in surplus. The balance of the proceeds not so used will be available' researchers, and technicians are presently employed and a total cf $1,300,000 is expended annually in the work. .,•/ H; : ;>s. Tne company now nas outstanding 2,109,000 common shares. The prospectus lists live selling stockholders, as follows: The Northern '/rust Company, Trustee of Fund A under the Will oi Reuben H. Don¬ nelley ior the benefit of Thorne Donnelley, selling 48,922 of 222,375 shares held; David L. Harrington, Charles C. Haffner, Jr. and The Northern Trust Co., as Trustees under the Thorne Donnelley Trust al., After that date the shares of same rights and characteristics surplus. stock. the of formed neers, f.t ' * tile company and used to the stock of First of Georgia Fire credits a large part of its growth to its comprehensive engineering program which has brought many improve¬ processes to the industry. A staff of 75 engi¬ and stock are common sale not earned or PROCEEDS—The the The company research ments in profits common the as ' i A shall stock of out class a "total. I 1, 1961, the holder* of shares of class be entitled to any dividends declared or period ending Sept. common . paid large volume of school and other books. Altogether The Lakeside Press serves about 1150 customers, many of T7hich have been customers for 20 years or longer. In 1955, 79% of tales were made to the 15 largest customers. The registration statement points out that the printing business is ft highly competitive one with more than 30,000 establishments in the 'United States. At the present time R. R. Donnelley <fc Sons Company •estimates that -its revenues represent only about 1.5% of the industry Book Encyclopedia." the Por pour out independents. printing in other categories includes redla Britannica," "Comptons Pictured by associates. ► • June 1). These offerings were un¬ Johnson, Lane, Space & Co., Inc., and offer also expired on Jargest nationally distributed magazines, including "Life," "Time, "Fortune," and "Sports Illustrated" for Time, Incorporated; "Look' ior Cowles Magazines, Inc.; and "Farm Journal" and "Town Journal" tor Farm Journal, Inc. An average of about a million and a half magazines (par $1) company .. . , . Of¬ on at $5.50 per share on the basis of one class A share for each five shares held. In addition, the stock The are company 1./ . May 21* offered to its common stockholders of record May 18 the right -to subscribe on -or before June 1 for 159,561 shares of class A common statement points out that the Company has earned paid cash dividends on Its common stock every year profit and net 2£lH.CC ■ . Banking Co. of Georgia—Stock & Railroad fered—The registration The a n been This corporation 28,fl956, filed a registration statement with • the SEC on $1 par common sxock. at $3 per share, pri¬ marily to individuals and firms wh<i are engaged in or closely allied to the growing and shipping industry. No underwriting is involved. May The company covering proposes 600,000 shares of its offer these shares, to Volume 183 -Number 5539 .« . The Commercial and Financial Chronicle . (2651) Net proceeds other or The needs of used the and the for working company is engaged company containers be may capital expenditures sale corrugated shipping packaging materials, such flexible polyethylene and cellophane, into bags, sheets, pouches, etc. In January 1956 it started construction of a second plant for the manufacture-of fibre, boxes, located in operation approval for by the 1956. ' to company Jacksonville, Fla., and* expected near September enter The into struction of fibre a partnership the 1956, the at $2.50 for an sold of will the to and at additional > plant company company per share directors box have St. the 800,000 Los have office building to Angeles interest. con- - ^ in" which/* area, i Terrace . Piaza and ,the Netherland'Plaza. :• _ at $2.50 share.; per Officers inventories,-supplies- both hotels and The . Netherland Plaza, which • has land' accounts ■ two "Guaranty Mining & Development Co., Spokane>?Wash. —Files With Securities and Exchange Commission—1/ i' floors of which U-rC the hotel ; Jimp „u 1 ^Cb.*,^llO^NeW'Ord6fS----SetS - IQftfi - at 101 74Q<& arid /0 • The new.- bonds will he redeemable at •; , names, and addresses of the purchasers of thd principal amount, thereof which each purchaser has the agreed to purchase from the company > < / '/;.•" '* -•-/v--T- Halsey, Stuart Auchincloss, (000's Omitted) :• are follows: as / : Courts '-••/ SEC uranium for April $100) to be offered at $98 per share, through W. R. Olson Co., Fargo, N;- D. The $284,065 and were proceeds grain to are business.'- for used " incidental expenses to commercial a Oil Well This company on May 28 filed a registration and - Blyth & Co., Inc. will manage of underwriters.".; nation-wide a and for plant last the company's The programs. working capital expansion in the requirements,; equipment volume of business five in performs specialized ip services connection with trical well related service to its The equipment. operations most for totalled $152,446,000 and carries net and purchased the are that v%.' The company fered -to at be * five used '($5 c to taxes Net was 59,999 notification (par * shares bona sales to be used 182, p. • with the to was announced Under an on will to move May 16 Santa Ana, are residents stock at by Richard trialist. and Harvill adjacent to the present facilities "The . for exchange further iOur die of our light * provides of Harvill expansion," company plant in McCulloch with the .the -in early next year, it Los Angeles, Motors which elected President necessary resins reinforced casein type plastics. Simon Askin, President 'American Heyden, as - * Plastics has been and with fiberglass and will be engaged of Heyden, elected K. has been Lindsay, Treasurer. president of American Plastics.—V, Mr. 183, of American major a of cinnati, dent the Ohio, of this largest was real estate chairman Secretary-Treasurer announced corporation, on end May John 21 J. by in previously the :ln transaction Cincinnati, for involves a period the ; of 25 of years the and the $8,405,887 $23,845,473 $25,358,209 2,786,320 8,718,019 9,497,503 2,280,055 of N. Light Co.—Bids June / 7— a capital registration stock, 1 statement with the certificates trust cent for The par. purchase from 2291. p. ' and 103% "u: accrued by ; , of of Hotel and the H. highway and Construcrion plant will / for its stock at a rate of share one for each five of the is the lower. The sale "of its com¬ representing 6,284,118 shares. explore for oil and gas in Israel. Net certificates will be added to the funds acreage. v • Sinclair Oil Jefferson Corp. .v1'",' below.—V. Custodian With Securities and This * 1976. p. New 183, be will in announced chemical tract west extending along shortly. begin operation for the on of Vice- May 31. Fairfax, Minneapolis ". the spring, 1957 .. season. Leavey has April on been 21 a-Vice-President President the of elected of of President William IT&T on corporation's H. to fill the vacancy Harrison. Nov. 8, central > Fund, Inc. (N. Y.) Registers — Exchange Commission— ' York Juniper Oil & Mining Co.—Declares Dividend— ; The 1V2% directors in stock, stockholders firm E. have of have at a dividend of IV2 cents per share, or stockholders' option, payable June 30, 1956 to June 15, 1956. Officers and directors of the record elected 1 declared the to receive this dividend in stock, Blixt, President. according John to r Based upon Juniper's present operations to make such distribution on a dividend share will for and quarterly amount to 6% the on income, the board plans basis, initial . that so offering the company's stock. company has been In business less than porated on Sept. 29, 1955.—V. 183, p. 1474. v The one the price year; it annual of $1 Kassell Base Metals, Inc., Dallas, Tex.—Stock per incor¬ was Offered —First Western Corp., Denver, Colo., on April 27 offered 120,000 shares of.capital stock (par 10 cents) at $2.25 per share as a speculation. This includes 100,000 shares for account of the company and 20,000 shares for a selling stockholder. PROCEEDS—The net proceeds to the company will be used to retire present liabilities, for exploratory work and development costs and for working capital and other corporate 1952, Mr. Leavey division in and research subsidiaries overseas/on Dec.' 1, 1954. numerous other IT&T companies and, for the time being, will retain the Presidency of ISE as well as -his other positions within the International System. Sostbenes Behn, Chairman, on May 23 announced in part, as follows: is a "The director earnings and of were approximately first quarter cents of officer the 49 1955. share of parent cents company per for share Consolidated net as the first against income quarter 35 was cents of for name engaging in ., March 31, Uranium Enterprises, Inc., business of mining, of Kassell purchasing, producing and selling for on the milling, and ores minerals. company's basic metal properties consist of nine patented claims located about three miles south of Lake City, Colo., on Hotchkiss Moun¬ tain to the northwest of Lake San Christobal. The company has been, and is actively engaged in the re-opening of the General Sherman and the Gladiator Mines on the The property. The company's uranium claims are located in San Juan County, Utah, and though the company has performed exploratory work on such claims, it makes no representations that such claims contain "termined amount of uranium sisting (flaims divided into four and of (4) claims, ceived claims; (3) Elk Cottonwood Group only 8% being claims 19 of Pierson the including from the U. like S. are set groups as follows: (2) Castle Group Ridge Group value group of percent is any of Government to mined ore bonus exclusive of de- any the com¬ (1) Pierson Canyon (Boomer Group) consisting subject any below out consisting of two claims. Canyon gross a There ore. Group consisting of 58 claims; a of Of royalty and money group of and that from sold or con¬ four claims; this such premium development or re¬ trans¬ portation cost allowed by the government. 1956 the CAPITALIZATION GIVING approximately against 73 cents for the same period last year. "For the year 1955 the net earnings of the parent company were $2.06 per share of common stock outstanding, and of the per • BUSINESS—The company was incorporated in Colorado 1955, under the original the primary purpose of pany's research United / 1614. p. investment company filed an amendment on May 29, 1956 to its registration statement covering an additional 300,000 shares of capital-stock, $1 par value.—V. 183, p 772/ ;vv ' Corp.—Expansion. of and will be used for carrying out the exploratory drilling development of presently licensed acreage, operations and expenses) the company; and acquisition, exploration and development of addi¬ Jalco, Inc., Dallas, Tex.—Acquires Westpan Stock— . in¬ , death manufacturing Cin¬ Emery's Chemical on company See ■ and accrued States, Federal Telecommunication Laboratories, Nutley, J., on June 3, 1953, and President of International Standard Elec¬ tric Corp., IT&T holding and management organization for its He of RR. 772. p. the became served Plaza months SEC 1,430,000 company 180, at Room 3250, International Telephone & Telegraph Co.—New Pres. Elected - in Hilton, Presi¬ Thomas Netherland seven & 11:30 a.m. JEDT)'on June 7, Lockwood, Fairfax 183, Edmond left 77 lease of ^ charge of the Plani Food Division, plant, will be located on a 42-acre Louis The —V. " history Sons, Inc. of Cincinnati, Ohio. The inc.--, improved an St. t • Conrad Emery, versions Angeles systems have of new facing -& Plastics factor 993. transactions at Los corporation will build a factory for the production of food mixtures at Fairfax, Minn., Maurice H. The -. Hilton Hotels Corp.—Lease and Purchase— One This * the elected Askin p. produced in surviving - •plant in . James be — President in is . $6,239,596 International Minerals & '•Corp., a subsidiary, which has extensive operations in injection mold¬ ing, extrusion and vacuum forming thermoplastics, and fabrication of polyster to conducted • The prospectus names Benjamin W. Heath of Hartford as President. Control of the company 'ik vested ih the voting trustees, "selected by mutual agreement of the promoters'." They are Messrs. Aaron Baroway and Jack N: Blinkoff of New York and Erwin S. Shimron of Jerusalem > and Tel Aviv. Assuming the sale of the additional certificates at $1.50 per certificate, there will be 7,309,118 shares outstanding, fojr which the investing public will have provided $1,500,000 in connection with this issue, directly or indirectly, and $1,265,350 in connection with previous offerings (representing 71.8% of the cash received) and will have received 23.7%? of the outstanding stock, whereas the promoters and their designees will have contributed 9.8% of such cash and will liay» received 52.9% of Wre outstanding stock for such percentage of cash and the licenses and other considerations turned over to the company. -Til-Continent Drilling Co., Inc. will have contributed 14.4% of such cash In the form of equivalent drilling services and will have received 17.3% of the outstanding stock for such percentage of cash and the securities of Manabi Exploration Company, Inc., with the remaining stockholders having received 6.1% of the outstanding stock and having contributed 4% of the cash received.—V. ■ ry. oper. 250 /.."".-v' purposes. land Heyden Chemical Corp.—New President of Unit— been earlier be Corp. additional valve has certificates tional •' initial - is Clevering said, "which includes Tork-Master Division, and the production Connor systems for of allthe every Segundo, Calif., plant, and $1,345,552 2184. p. March Mr. Our plant and assembly work." Tork-Master Division, recently formed, A. of guarding company is affiliated with Installment Loan Co., of Champaign, 111. The affiliate is engaged In the small loan business in Danville, 111., under a small loan license issued to it pursuant to the provisions of the Illinois Small Loan Act. On Jan. 12, 1956, the company organized Franklin Park Installment Finance Co.; a Delaware corporation, which is authorized to do busi¬ ness in Illinois.—V. 183, p. 1968. - / President. casting facilities, our new refrigeration compressor. Walter J. 8,000 Company and arma¬ The manufactures auto¬ operators which are remotely controlled to help automate large industries, including the pulp and paper industry, oil and petroleum fields and distributing centers, transmission pipe lines, and municipal water lines.—V. 183, p. 209. r Hughes total¬ the Hughes corporation resulting from a merger which took place 1955 between Installment Finance Co., an Illinois cor¬ poration, and Installment Finance CO., a Delaware corporation. ' The company is engaged in the automobile finance and the small loan business in Champaign 111. It holds a small loan license under the Illinois Small Loan Act for its loan business carried on at its Champaign office. ' * ' ' several .. filed common to BUSINESS—Company with its office at 74 East University Ave., in Champaign, 111., was incorporated in Delaware on Feb. 25, 1955. It Is Move— manufacturing Harvill's matic contracts of 900 sold. The options are to be exercisable within 18 months and at price not les3 than the average price at which sale are made during the term of the agreement or $2.50- / Angeles indus¬ present chase PROCEEDS—The net proceeds from the sale of the two issues will be used to provide additional operating funds for the company, to provide funds for the expansion of the business of the company and to transfer some of its short-term indebtedness to iong-term debt. general agreement the El overhaul to interest. acres acquires & 550 a / capital Calif., Clevering, May 25. maintenance The senior debentures will be-redeemable at 102% terest and the junior debentures may be redeemed at of par to exchange real property, the corporation ac¬ of land in Santa Ana, where a new 125,000-square-foot -plant will be constructed. Work will begin within 30 days, and will be completed in January 1957. Robert P. McCulloch, Los quires 30 corporation of proceeds April 24 offered publicly $100,000 of 5%% 10-year senior subordinated debentures and $50,000 of 6%% fiVe-year junior subordinated debentures at 100% and accrued int. Winkle-Munning Co.—Redemption— This corporation - 183, Offered v working Harvill Corp., Los Angeles, Calif.—To / Thomas pany has outstanding' certificate's The company holds licenses 183, of¬ company has called for redemption on July 1, next, $49,000 15-year 4V2% sinking lund debentures due April 1, 1961 at 100% accrued interest. Payment will be made at the New York Trust 100 Broadway, New York 15, N. Y.—V. 179, p. 517. Co., Pollock & Co., Inc. Rothschild & Co.a_ shares Installment Finance Co., Champaign, 111. ~ Securities Hurd-Glegg & Co., also of Champaign, - on SEC be its ■and E. F. 29;'1936 covering American voting S. Air Force and 150 __ ;>V/" \ ; %/"•■''•'.■" .'/v'''1/1 ■ USAF Contracts— Broadway,; New York, N. Y., receive bids for the of $10,000,000 first mortgage bonds due 1986.—V. it The of from rev. 120 Offered—The fide common for 450 / 183, p. 2538. v 250 Inc. propose^ to offer l,0OO,OOO certificates for public sale through H. Kook & Co., Inc„: of New York. An additional 180,000 shares and certificates are subject to options and 250.000 shares and certificates therefor are being offered for sale outside the United States. The public offering price is to be the market price of outstanding certificates on the American Stock Exchange. The offering will be made by Kook & Co. on a "best efforts"' basis, for which it will receive a concession of 20% of the offering price (5% of which will be payable in stock; and the company has agreed to grant options to the underwriter to pura to 1956—Month—1955 Z; 1956—4 Months—1955' $24",318,183 $25,474,978 $97,253,221 $93,883,820 18,078,587 17,069,091 73,407,748 68,525,611 ,.f The company will up to 413. are V. 1 Shares of enemy attack by air. M May 25 include $38,060,299 on and Indianapolis Power for The proceeds •"'JUi-a.;.'- proceeds purposes.—V. revenue— Net' railway; oper. . I.)—Stock of also This- May its. stockholders .of the $16,780,000, cent) one underwriting. to L. ' $250 />; Israel-Mediterranean Petroleum, Inc. (Panama)—Reg¬ isters With Securities and Exchange Commission— three - oper. expenses-;- Net mining operations.- Looms, Inc.* (R. Hanson-Van r '• without incident of stock share). net corporate } letter a common May 28 offered on Island per rThe - filed oi on advanced than Railway •«■■■■ share; per expenses Hand-Skill Rhode shares cents for I -company May 18 on 4,500,000 More oper. Hamlin Exploration & Mining Co., Omaha, Neb.—Files covering of Period End. April 3(f— bulk in quantities Railway equal to $5.12 per share on the 3,280,000 shares of outstanding common stock.—V. 181, p. 2801. . to Win. 150 Corp.______l ; : (000's Omitted) . totaled the amounted largest derived from business. after 1956, for 21 Illinois Central RR.—Earnings—'' r products company from announced elsewhere. —V. well-service income May, than May been 'produced, the -compa«jr reported.—V. 183,' p. 2075. the on continent systems maintenance and • diversified petroleum industry and its total revenues such services by any company engaged in 1955 also company manufactured ■' % activities. the is sells and service company The of late to distribute stock four U. production the.company's newly- acquired * •drilling of oil and 'gas wells and the production of oil and gas. The principal services include the furnishing'land operation of pump¬ ing equipment for cementing hydraulic fracturing and chemical treat-ment, retrievable packers and tools for formation testing and elec¬ materials contracts production the for are American The years from approximately $69,300,000 to $152,400,000 has materially increased the company's inventory and other working capi¬ requirements. The estimated amount of capita] expenditures for 1956 is approximately $32,000,000, of which $26,500,000 is expected to be expended for service equipment. Halliburton 1956 systems,/which are the "electronic brains" interceptor airplane,/-American oro Canadian, North tal -' weeks higher control weather •loan available The-contracts ment The proceeds of the financing will be used to pay a short-term bank incurred to replenish working capital and the remainder will be (" three during „> This company-has been awarded ing $39,405,851, it was announced ' x Lehman Brothers group first sales' Hughes Aircraft Co.—-Awarded / ' stock common (par $5). ; substantially 900 Iowa whichever statement with the SEC proposed public offering of 350,000 sharfes of a the a total Kendall, Merle-Smith__ T Canadian Holly Minerals .Corp. for each 20 shares Jof Holly Minerals stock held.—V. 183, p. 2183. Cementing Co.- -Registers With Securities and Exchange Commission— covering and at months; $584,565, Mr. Harris stated. ; The corporation on June* 15 wftl record May 21 one share of common ;V Halliburton , be preceding 500 of See J the Co— & Gregory & Sons——^_ - (par & : Co.. & Mullaney, Wells & Co Patterson, Copeland & 450 First • with Parker & « / , Holler, Bruce Dick ■ stock $2,700 Redpath ... notification & Co. Inc.__ • Corp.—Expansion—Dividend— preferred interest • , cumulative intf»rp«st accrued PURCHASERS—The hew bonds'and - 5% aperiied 105.38% , of * optional redemption prices to 100.00% .on 30 days' published notice at the company, ih whole at any time or in part by lot from time - to time/ of' at sinking fund redemption prices ranging from 101.69% to 100.00% on 15 days' published notice, through operation of the sinking fund, in part on June 1, 1958, and on each June 1 thereafter' to and including June 1, 1985, in each case by payment of the applicable redemption price of the bonds to-be redeemed plus accrued interest-to the redemption date.15 • shares budget Option of the , 1,300 the foreign 2292. p. a some On „ 1 u ranging from ia lobby is .1UU ' covering indicate course, follow: - . v 1956 of anticipate. J n/r , n covering w for not through Halsey, Stuart & Co. Inc. and associates. Deal¬ ers' subscription books have been closed. Further details eighth - floor of the structure, with its 360 air conditioned . on May 22 filed a letter of notification with the SEC rooms above.—V. .183, p. Xl\Q.-'y 275,000 shares of -///// common stack -(par 10 cents) to be ; /•'.//'. j "V %'-%'%■'%■ •••■'•";'%: Offered at 25 cents per share, without; under writing.. The proceeds jtfe; "(It.l/Hoe & "to be used for expenses incident to mining operations: >—-% .-.••/ •- ■ i.-y- RecOrtf—-v ■ ; j > -r ..-v. 'r A recent record week totaling $6,000,000 in * new" orders was an-4 Guild Film* To In* —T tetert on N uUVa rums LO.j.lnC»--iilSieC[ On..lM, Y Fxrhanee— ?ounced .on May 31: by Joseph'vL.:^tter,. President...^ declared,- "'This x. JLXenange—' / i brings our present sales backlog to -. The $17,500,000 compared to $6,400,000 company's common stock was .admitted to listing" and to J at this time last year.'V..i.%■ dealings on the American Stock Exchange on May 31, 1956. The stock i/'/'V-":-'I '. The company's dncome >-fbr. the * first had Deen. traded ih the quarter of 1956 showed- a over-the-counter market since October 1954. slight loss alter taxes, -because its Bee. V. 183,...p. 2537; established practice is to * report . < ** -• income-only upon, completion- and shipment of others/ Mr. Auer ex-> ' plained.;* He pointed out" that delivery shortly of several Gulf. Sulphur* CorpA-New important " press equipment- orders would President, etc.— * make • this a ' positive ; picture." For The corporation on example, the first of weight large press units May 21 announced the election of Stuart C. is scheduled for shipment * this week to the Dallas Dorinan- as- President. Other new officers News,-Mr/Auer added.—V. 183, include Harvey D. McLean p. 1968. as Treasurer and-Joseph F. Fatten as .secretary. Their election fol- : lowed the recent announcement that a ; Holly Miuerahs group headed by Bear, Stearns & Co., New -York investment bankers, and This including Edward J. corporation- " has purchased the Chrysotlle Hudson of asbestos mine, 40. Houston, Texas, had bought-the stock of the founders of miles north of Globe, - Ariz., S. B. the company. Harris, Jr., .Chairman, informed ■: ! stockholders on May 29. The-property, consisting-of 76 claims with The company also announced that 1t has started the production complete mining and milling facilities,,, was bought of sulphur at its new from Western $3,000,000 plant near Cristobal in the State of Chemical Co." -'v ' Veracruz, Mexico. Mr. Dorman '"/''/-.V-"/:' ':.; said that 85%- of the cost of the* •This is ithe third producing asbestos mine acquired by plant has been paid and arrangements are Holly Minerals in the past seven months being completed for the and increases' its Arizona Immediate asbestos properties payment of the remaining construction cost.—V. ; tc a total of 2,600 acre6. The 183, company's productive p. 2183. " ' ' capacity will be increased to ;■ approximated 850 tons of asbestos fiber per month after completion of a rehabilitation program at' Chrysotile. There is a (R. F.) Gunkleman & Sons, Fargo, N. ready market for'all jts fiber at prices D.—Files With which in recerlt sales have averaged $200 to $300 per ton 'Securities and Exchange Commission—depending on grade, Mr. Harris stated.- ■ Holly Minerals' combined sales of r The company on May 25 filed a letter of asbestos, copper, mercury and V.The company • due of Caprice/ llul,Ci do we * the • some 20 private dining' rooms." " * % part of a 19-story -building, the first seven devoted to stores and offices.'The ; Cn which Light Co.^-Books Closed on Bond OfJ. j _r 7i/ %fering—Mentionwas made in our issue of May 28 of the public offering of $7,500,000 first mortgage 3%% bonds^ x and receivable and setback, 11 Iowa Power & 800 Pavilion large exhibit, halls, The..-Terrace- Plaza isf . world 183, guest rooms in its 29 Stories/ was-, opened in 1931. It has four restaurants and three cocktail lounges. Its public rooms include the-Hall of Mirrors,1 the an estimates figures-^-barring, economic contrary, 'we expect that the earnings of our domestic and manufacturing ahd operating companies - will exceed their estimates due?, to anticipated new operations."—V. < * per share* Our budget improvement :over those continuing major . On January 10, -; Hilton. Hotels will also- buy the furnitures and fixtures of Company 1,000,000 shares ••.rNetherland Plazasome-time in the .future at an agreed price gave than company am option ^option will take- over the $3.21 .company, V'" 4 ■' > V :„rr * purchase of the Terrace Plaza Building, subject to leases Jtores operated-in the building by J. C. Penney and Bond's Clothes, will also include the furniture, fixtures and equipment' in the .hotel and certain laundry and other operating equipment for both the i/The Iiiltoft to the large to given the 'or — ■ company . and $25,006;000. :(including Bruce Church, its • president) aggregate of 966,050 shares, or 33.31%" of the.'2,900,000 out* standing shares.—rVr. 181, p.* 960, .•* " • . own Hotel Paper time shares - 90% a Regis same also partnership - the in directors a - Plaza the as be Terrace Corporation. manufacture of of pf.the FJilton Hotels The lease of the Netherland Plaza and the operation oJ| Terrace-Plaza commenced on June 1, 1956. ''-The total.amount Involved in the .entire transaction is approximately is .necessary. as the in conversion capital, consolidated EFFECT TO PRESENT FINANCING • Authorized as Capital stock —V. (par 10 cents) 183, P. 772. Outstanding 1,000,000 shs. 811,372 shs. i 12 The Commercial and Financial Chronicle (2652) Lindly Keasbey & Mattison Co., Ambler, Pa.—Expansion— The asphalt largest states pany, one a port, The Genasco, 1'ne deal. felt and paper Bonafide dollar plant in the eastern purchased by this com¬ mill have been of the country's foremost manufacturers of asbestos products, and lrom saturating and roofii.g plants N. Y. transaction, of Inc., York New in City, located at Perth are Arnboy, multimillion a N. J„ transfer includes 1, June Mills, Inc., corporate parent Announcement of President of Stock¬ to Genasco, which customers ti.oue line of and building will Genasco. Samuel ana Spector, 1 , President, enable Bonaiide 01 Company, Inc. Muenleck, Ernest diversification Mattison & Bonafide According Bonafide of the purchase was made Jointly by Ernest Muehleck, Keasbey of President Keasbey Genasco this & is toward move a Mattison to larger and a offer its complete more materials. The newly acquired properties will be operated as Keasbey & Matti¬ Company Asphalt Products Division, Mr. Muehleck said. The paper son and felt the mill No. plants throughout the United States, eight of which are engaged in the manufacture of a variety of asbestos products. The Perth Amboy plant manufactures grit surfaced and saturated asphalt shingles and roll roofing as well as such auxiliary products roofing cements.—V. 93, 473. p. Keystone Fund of Canada, Ltd.—New Director— Charles W. director of Co. Leslie for has Canadian (Canada); and Wainwright, elected been British hes years Laidley, director a Aluminium Chairman is many of the been Leslie, Co.. Board part.ier of Bourgeois of this Fund. Ltd.; of A. of Leslie C. the and John Canadian Doheny, is He B. & a Stetson In addition, Leon A. Lavallee has Keystone Investment Organization of firm of acts as law which and Lavallee has insurance been elected director a of the for industries.—V. 180, 1653. p, ,j ,;j!V .. corporation, Abrams, The which in modern a 200,000-square manufactures Esquire N. County, Queens Y., foot Shoe is it for factory Polishes, announced this begun was by Samuel M. the The plot Merrick at Boulevard and Belknap construction and packages of polish factory will of day—a a be equipped turning out substantial duction capacity of the present plant lyn, N. Y„ Mr. Abrams pointed out. at with 330 automatic than more increase Wythe 1,000,000 the over Avenue, 4,000,000 cubic second feet, story at products, with all end one expanded research for the will facilities according to Mr. production for house the facilities feed gravity a oil development of be of floor, and and P. 285-acre this tract at company, Products it and acid, announced was General facility will nicotinic Mr. "It converted doubtful is credit if the railroad Industry 2418. The 183, p. SEC consist processing a by 29 R. the order the authorized plant would been have . buses new 31 from the Transit Metropolitan costing than more > Authority $1,000,000, of Boston announced was million several corporation at Koppers in only a small to spend an Engineering and Construction Division is designing the laboratory buildings, and will start construction about Completion V. 994. 183, pv the of plants is expected in early 1957.— amounted Sales, The to letter a capital, of 1955 members Olin a Sales' •->" lieu the of elected previous 11 members. William Chemical C. Corp. May ■ the last the pared first Net and months $6,377,090 profit Lay & Co., Inc., Chamblee, Ga. — Registers Securities and Exchange Commission— of 1956 Two This mon stock. by the 1956, this issuing The 55c The proceeds to up and $197,760 its is the by be to selling President E. P. sale $5.75 produces its in wide a sale variety the of partial (plus record A 42,000 the and stock; of 149.000 of owner shares; dividends) for by sale stock¬ with a Co. and of be the of the retirement trend May on is common. in the class of the entire (7,879 increase' to Board of Chairman its 4 974 corporation will common After continue and holder of to 2.19% 11% and public of own of the and class beneficial and Rogers will be the beneficial Kilpatrick and Rogers also will own A stock. received new orders in :0 over highest month-end total .The shareholders have approved thorized Mock shares stated Increase of that the an stock common additional the first Mock> backlog the to since four months President, $58,000,000 December increase in of announced of as April 1953. the earning capacity. the number of au¬ from 3,000,000 to 5,000,000. Mr. places the company in a posiexpand its operations and indicated, however, that the com- stock He Pj»ns for "sing the stock iKRiiu^r the YwH1(ti«nyi /h» additional Issuing shares in the acquisition of present plans for comPany ot and has no offering it for sale.—V. 183, 2418. p. and ; ' $3,400,000 chemical pany at nounced The crease The its Tippecanoe on for 15 share a facilities, there expansion. the The 388-acre near Lafayette, Ind., it com¬ was an¬ scheduled chemical chose to the sidiary for up to and per March ' tract.—V. the 20 183, p. site acres antibiotic by in late 1957, will In¬ contract one-story Thomas J. I. Uitti, award briok for a 162 x because needed facilities sufficient and occupy room about space for 50 is future acres of 2185. Nor Mi 170 ft. building of this Higgens Assoc., Inc. 228 the than The ical the Max the La gineer for the project. Salle is company the to the was recently was for is the $250,000. x 100 announced. and George structural en¬ plant or the Mr. introduction This for natural has been per gas projected, from year he extend South to McCarthy's contracts minimum a necessitate nitrate concluded were of > gas in facilities oil and natural domestic will gas after Gulf field gas Oil the Co. concessions in the Chaco in an of of available Bolivia. recently received exploration rights Bolivian government It there would start at through Antofagasta of an also McCarthy end of Oil has where Whitney & 10 Te the will be used by Richard Roy to provide development. and G. nego¬ facilities to ' Croft, partners » in J. H. Whitney 1436. p. t Co.—Financing Approved— reimburse the company's during the for, treasury current additional year.—V. ,183, $1,504,316 after credit tax with 2419. p. before Earnings Off— provision April 30, for * 1956 income-tax the for current amounted to $30,298,296, ended six-month period was $706,275 last year. ended April 30, April 1955. 30, for the six months ended compared Regular farm 1956, amounted with $30,875,709 for machinery sales for the to $29,261,365, compared same period last year. this year amounted to $18,893,742 and net loss compared with sales of $19,702,145 and net Income of the in second last quarter year. . quarter sales figures Include $81,966 conform of defense contract sales with a year ago. , established practice in the farm machinery indus¬ accounting policy effective Nov. 1, 1955 so as to. treat heavy-line products (tractors, harvesters, huskers, shellers, balers, etc.) shipped to dealers as immediate sales. Formerly, the try, such changed its company shipments resold the by not were dealer. recorded sales as The effect of this until change paid for in cash or sales increase to was by $7,233,966 and decrease the net loss by $1,064,069 for the six months ended loss north, April 30, issue sales $4,491,053 decrease and net will Commission Authorized— has ; the authorized company of 33%% sinking fund notes due Jan. 1, 1976. The proceeds, along with other funds, to repay $1,644,000 use outstanding 3%% will notes Ry.—Notes Commerce $1,624,000 company of Increase Transfer Interstate The to and 1956, by $630,640 for the second quarter this yeat.—V. 183, p. 2419. Minnesota *• , of loss compared with $904,541 in the second quarter as 3,500,000 acres on (YPFB). that Roy Co. sales, including defense products, $177,825 Second of to also Paz, La there is the en a large existence route to of a which pipeline it government-owned the through from passes refinery. maturity first mortgage convertible be the option of at bonds due June into sinking holders.—V. 1 this debentures fund 183, The year. of the same 2077. p. agreed to join the Bolivian government in laying the short pipeline from La Paz to the Chilean seaport of Arica, bringing Bolivian oil for "the first time into the world mar¬ thereby ket, Mr. McCarthy pointed out,—V. 178, p, The April sales 29, of John taxes, of last corporation's volume of business currently placed with major passed the $200,000,000 mark, it was announced on Off— reported sales for the six months ended totaled $54,571,347, representing a 15% increase over during the corresponding fiscal period in 1955. 1956 M. President reported that net Fox, compared $1,006,632 with earned income during increase by cents per on the industry in first six the the six-month with 86 cents period on p. the during 2419. were 1,172,189 corresponding 1955 period. (The company 400,000 shares of common stock to the public Dec. 7, 1955.)—V. shares after months fact that the followed by a com¬ to the selling price of concentrate. share during shares compared common 1,590,654 $814,172 was the He attributed the drop in earnings cost of oranges this season was not year. increased 51 May 28 $47,330,121 Earnings McDonnell Aircraft Corp.—Subcontract Volume High Corp.—Sales Up—Earnings corporation on mensurate 1668. Maid Minute ' Gulf strategic subcontractors has H. chem¬ pumps, May Chile. mentioned Bolivia volume on by stockholders for a Co., private investment quarter sales ' to area vast "The cost of the pipeline will be an estimated $30,000,000 to $35,000,000 and probably will be financed by debentures and stock of the wholly-owned subsidiary, Andes Pipeline Corp., Mr. McCarthy said. Mr. J. and or net 1956, $283,415 Villamontes, Bolivia, then go to Uyuni, Bolivia, Andes pass to Chuquicamata, and then to the in controlled $28,298,678 for the was inde¬ South McCarthy said that another of his subsidiaries in process of formation, the Andes Pipeline Corp., would construct a 500-mile 12 Vt inch pipeline through a pass in the Andes at an elevation of 14,500 from by expenditures loss net Second Mr. feet. of Stock Interest*— authorized to issue and sell to its parent, American 416,667 additional shares of its $12 par common stock of $5,000,004. Proceeds are to be used to pay of short-term bank borrowings for construction pur¬ meet, months To that no have not and carry-forward credit, compared with a net loss of before tax credit for the first six months of the 1955 fiscal Net with the property of Glenn Mc¬ subsidiary of Glenn McCarthy, District does was a the period are wholly-owned a located are project consideration in April 30, constitute history be throughout use Midwestern the rendering .- .... has received SEC authorization to issue and sell, at bidding, $13,000,000 of first mortgage bonds due June 1, to or Total the that so for Bolivia, de and from and Milton $727,316 compared supply Bolivian company property,' the lines supplies, gas lines gas - instruments, announced completed and approved capital $10,500,000 year. $100,000,000. of • foreign on industrial - and Owen also carry-back America." The the the industries Inc., the R. $1,303,275 had the McCarthy contract with Ana¬ supply up to 12,000 billion BTU's which evaluation natural the to gas is Co., operate near Noyesi Minn. Midwestern, plan violates the dependency Minneapolis-Moline Co.—Sales and to his and existing Tennessee Gas com¬ month to that manufacturers been research cash a six natural a that investment construction brought that system. Transmission construct Operations of this company for the six months ended announced 31 Co. on Gas Pipeline company It poses and a formula new to Gas the Canadian border object Natural Gas Co., Factor of Coke Gas plan Natural Natural Light & Tennessee $103,000,000 the are Illinois Co., were elected directors of the Roy company.—V. 180, 1981. building for ether history the of Milwaukee Gas Light of headquarters continue, Peoples Gas a certification of sqlely general public. - equity Nathan 35 building application Texas companies .say systems in The expenses will by expansion of than amounting contracts sold 183, ... May 25. The corporation craft and existing 60 consulting engineer Street, Chicago, 111., The contract addition the Tenn., and have accelerate A number company's Gas to Class $746,686, same Midwestern Washington, D. C., Roy Co.—Bankers Acquire substantial Factor, of the and pipeline system between company, feed tiations same amounted the in . expansion and acceleration of the development of McCarthy's million-acre oil and gas fields in Bolivia, the construction of a pipeline, and further cooperation from the Bolivian government. . McCarthy said of the contracts: "It is my hope other subscribed. . Milton in last 31 with old the in May on furnish largest but approximately 50%. to engineering These been of project Midwestern affiliate an further ■'// non-recurirng new trend stimulated Exploration Co. These agreements, America, • markets or financing and fails to meet other legal require¬ for gas pipeline construction and operation. lparticular the motion asserts that Midwestern proposes to make "a raid on the customers ;of ,4ocal utilities" in Chicago and nearby areas such as Gary, Ind. .q■ ' 1969, • i5,500 shares 2,1 substantial this President, BTU's less by the of was In & the on month Chile This A that were vast billion contract year. two 1956.— Sold—It ments and signed a 20-year contract (with options Ar.glo-Lautaro Nitrate Corp., a Guggenheim sub¬ with follows pendent 1, adequate than more fields. gas This Chile having joint motion a the to bankers lipsticks embodying the first five years.—V. 183, p. 1969. which 8,000 conda's Corp.—Stock pending against complete area against They negotiations Cochabamba completion Tippecanoe provide present for capacity Lindberg Steel Treating Co., Melrose Park, III.—Ex¬ pansion of Plant— ft. volume are McCarthy, more) south company's directors available Laboratories will be built for this May 26. new the manufacturing plant the America objecting rules service to the by-laws continuing, of past completed Port (Eli) Lilly & Co.—To Expand Chemical Capacity— A line H. Carthy u* advantaee of opportunities to its no.Present Portland, com¬ 28. reflected biggest April sales out to in nn5 vfiv^on^Th)24'^00,000'^R!uhaifI M" May 28. This increased the being The new and shares' Atlanta). of gas off Glenn Jan. to _ ^ filed approval of The March 31, 1956, the company sold $6,pharmaceuticals and other products, com¬ last year's first quarter. Volume increased earnings indications in Gas shares the They are part of FPC's Upward— outstanding. This compared the first quarter of 1955 on in the was pletely as loans; down which dismiss to Co. FPC 2,000 mile at (Glenn) McCarthy, Inc.—Signs Natural Gas Contracts used stock $277,040 Director, Lay the on 30, $aid. prior Co. Midwestern, ended in present - be bank preferred Lay, (all record common; the interests W. Kilpatrick, shares shares, 4.85% will of E. A to Lear, Inc.—Backlog Continues to Rise— This April expenditures stock at 50 cents per share has been seeking and stock quarter Johnson, products. are outstanding Natural turn competitive oil Herman 4,026 class beneficially 2 1% fractional share, on com¬ for selling per food of are M. Director, 3.1% offered headed shares prepayment accrued 200,000 Kilpatrick of owner A con¬ Application. companies Pipeline purposes. SEC cash a May on common to resulted stockholders Rogers, of be certain underwriters, outstanding 5.2% cumulative convertible shares); and the balance of approximately working capital. The the class par to are shares with 50c for major natural gas pipeline companies serving Chicago, 111., and that city, on May 28, asked the Federal Power Com¬ 28 May Inc. ot $300,000 price to of shares 51,000 offering statement shares 149,000 commission Co., company Net stock, public Space follows: 200,000 company share per registration a covering Of holders. Lane, filed company 25, stock area'around mission the with debt nor 183, p. higher were moving into the company's Hollywood, Calif., and in iemoueling in common ■ The increases ., foreign business. the three months ended for share, incurred its for construction Dismissal of F- ' ■; upward equal to 31 cents common a of , of cosmetics, domestic $660,594, the announced three with quarter and year worth both May 29, has received 5EO parent, General Public Utilities on Midwestern Gas Transmission Co.—Other Firms Seek Foster, Executive Vice-President ©f the Marquardt board of directors. to ... President, In Parent— its 2293. p. Transmission v backlog represent substantial on May 23 approved an amendment board of directors of not less than nine a in in period the to completed, all of "said 182, p. 1465. ; ; ; former Deputy Secretary of Defense.—V. a with sell and —V. amounts, Mathieson cents W.) May 183, shares of Files — short-term stockholders provide for He is notification 29 that the recent public offering, through Lincoln Securities Corp., New York, of 500,000 for on notification liquidate to $137,000. profits and parable of shares additional 45,000 Mid-Hudson Sales for the first 16-week period of 1956 amounted to $5,144,000c according to Roy E. Marquardt, President, who added that profit alter taxes letter a announced was issue a First (II. it company, announced shares. With purchase tools, pany's treasury per used for working expansion program. to for filed of common stock (par 10 cents) to be without underwriting. The proceeds are to be' equipment, inventory, etc. •< of $4,500,000. Of the proceeds, $1,900,000 will be applied Metropolitan to the cost of property additions subsequent to Dec. 31, 1955, or to repay bank loans the proceeds of which have been so used, and $2,600,000 will be applied to the reimbursement of the com¬ shares of 7% cumulative preferred stock to be share), without underwriting. The proceeds ($25 par filed 21 be are for plant and mid-June. May on Max Factor & Co.—Sales Continue utilize will Co., Inc., Hillside, N. J. Exchange Commission— and 12,000 covering Holmes, Ultimately, the company expects plant construction at the site. acres. dollars construction Transformer Securities offered 28 shares share, per , Marcus 668,196 portion to May on 29,500 $1 at Corp., > this corporation. Delivery of the new Thermodyne diesel engine begin in the fall. r< ■ This brings to 95 the number of Mack buses purchased by the Boston system in the past two years.—V. 183, p. 2292. ; The • by the Export-Import will With 163, p. 1368. to by buses - , $2,750,000 credit line from .. order Jr., initial Demon. sideration Receives Bus Order— chemicals the and was . more field, but of the 285 , Manufacturing of St. Louis has commitments of engineering design and nose assemblies on the corporation This V. the manufacture for • in authorization not used, consummated had the the Eximbank credit Bolivia and Stockholders R. of excess * holds subcontracts amounting machined parts, fuselages and other tooling, Metropolitan Edison Co.—Stock to Bank, Mack has had previous credits approved for sales to Costa Rica the Division. Manager of of May on " - . covering used sale. cash a available," been not to stated that although Peterson commonly known as niacin, a constituent of the vitamin-B complex; and a development plant in which work will be done toward the continued upgrading of coal tar chemicals. Both plants will be designed to allow for anticipated expansion in the tar new to blanket.—V. assistance thereafter was Abrams, Arroyo, W. V., near Chester, has been purchased the site for a dual-purpose facility for its Tar as Division, Vice-President This distributor the ting the sale of heavy duty Mack trucks at approximately $500,000. These large capacity Mack truck units are to be used for new high¬ way construction in Iran under the new and badly needed highway pro¬ gram recommended by the Iranian Government. Mr. Peterson, expressing gratification for Eximbank's assistance to U. S. exporters, pointed out that this was the second recent Iranian credit approved by Eximbank on behalf of Mack. Last fall, what began as a credit sale of Mack buses for Iran, amounting to about $1,000,000, Hoppers Co., Inc.—Buys Site for New Plants— of is Glass Fibers' O. F. Peterson, President, on May 28 announced the receipt of export from the Export-Import Bank of Washington permit¬ O. credit 12 A , . Inc., Products, 120-inch L. Mack Trucks, Inc.—Export Credit Assistance— vastly- improved in Metron Corp., Lambertville, N. J.—Files With SEC— com¬ excess scheduled ' the Voodoo $7,000,000 F-101.—V. Brook¬ single lines new pro¬ work of Wichita, Kan., for Electric Emerson offered to by Voodoo. Marquardt Aircraft Co.—Sales and Earns. Increased/- The concern ' expects about half of the'new factory to pleted and ready for production next January. >•" " v•-* • >•,_ When fully completed, the structure will have space in A barriers. paper vapor Silvercote SEC capable conveyors shoe of has nearly Street, contract. Aircraft Corp. > advanced, all-weather attack fighter an duty. $16,500,000 sub-assembly to 72 inches. •< * Facing materials available on the 120-inch Microlite blankets Include foil, Silvercote reflective coated paper and reinforced or unreinforced up the multi-million-dol.ar machines carrier over doing • F-101, The F4H-1 will be for subcontractor Hawthorne, Calif., which manufactures and other equipment for the F4H-L and Bendix Aviation Corp. of South Bend, Ind., has nearly $13,500,000 in subcontract commitments for landing gears for both the Demop and Spring¬ field Gardens, N. Y. Kretzer Construction Co., Inc., of Flushing, N. Y., has aft fuselages, wings fuselages for the components Development— and President. 11-acre an Corp. now available in 120-inch widths for railway freight cars, it is announced by F. V)'. Segerstrom, Manager of Transportation Sales. - v ' ; Previously, Microlite Insulation for cars was only produced in widths An new plant, which will be the largest and most modern shoe factory in the world, according, to Mr. Abrams, will be erected polish on of largest Monday, June 4, 1956 . . of Inc., destined Beach L-O-F Glass Fibers Co.—New second Aircraft $20,000,000. 1675. p. refrigerator f.i Mfg. Co., Inc., Brooklyn, N. Y.—To Expand Construction week center $1.37'/2 per share), through Aetna The proceeds are to go to the underwriter. (about /Microlite Insulation is 50 Knomark last 181, Within Canada, the Fund's investment many years been associated with key¬ stone Custodian Funds, Inc. as an analyst specializing in the ,ytilj}4es, Mr, finance market New York. the Aircraft. aft to Ltd., Co., Canadian counsel to the Fund. adviser. 32,500 the at Securities Corp., Stockport, N. Y., will be known as Plant No. 2 and roofing and saturating facility at Perth Amboy, N. J., 5. They will bring to a total of 10 the chain of Keasbey Mattison as covering offered center May 18 filed a letter of notification with the shares of Common stock (par 10 cents) to be on is McDonnell Northrop at asphalt Plant as & SEC corporation wings, for work to and Keasbey & Mattison of Bonafide's interests in patents, trademarks, formulas, inventories and good will. It does not include any of the properties of Bonafide The —V. effective F-101 Co., Inc., Mineola, L. I., N. Y.—Files With & Securities and Exchange Commission— . Temco with contractor the Navy the U. Glenn orders of Air a L. Force a backlog of $627,000,000 in air¬ Tex., is the largest McDonnell sub¬ $72,600,000. and F-101 supersonic Martin Dallas, of F3H-2N Demon S, RF-101A, recently announced missile orders. Aircraft Corp. Co. aft Temco as well photo-reconnaissance of manufactures fuselages for Voodoo, Baltimore, with both the photo plane. as $58,000,000 wings in for Demon and for the noses orders for Missouri-Kansas-Texas RR.—Piggy-Back This Train May 24 announced Philadelphia, Pa., from company Co. specially of on designed for piggy-back which operations share, in the development of new equipment ing highway trailers on railroad flat cars. Use by the Katy of Trailer Train's Operations its affiliation it with the Trailer will lease flat cars and with which it will and techniques for carry¬ 75-foot piggy-back cars, each Volume 183 Number 5539 . . The Commercial and Financial Chronicle . designed to carry two 35-foot highway semi-trailers, Will make possible development' of through piggy-back service between cities of the and points in the;;SbUthWest'oil thfc M-K-T lines: * v; ^ The announcement was made by Theodore F. Behler, Vice-President and General Manager of the Missouri, Kansas & Texas Transportation Co., the Katy's subsidiary for trailer-orf-flat-car service. The Katy will acquire a stock Interest in Trailer Train Co. and will have representation on its board of directors, Mr. Behler said. Other railroads currently sharing, in the Ownership of the Chicago leasing and development company are the Pennsylvania, Norfolk & ewstem, Frisco Jackson 4: Curtis* the East and thr Missouri Pacific. Trailer 75-foot Train for cars designed Co. and trailers and began lease . operations for March affiliated its to constructed require " ' railroads. fleet a These of cars 1 is engaged in 500 of car to Florida. J. Fountain has * Offices operate the trade style ican Trust Co. Miami, of Fla.—V. South Allen-Parker of See See to at competitive sale May 28 3S4% NRC received from The Stanley & Co., 101.8799%; (Jointly), 101.848%. The debentures are to be redeemable at optional redemption prices ranging from 104.996% to par, plus accrued interest. and Drexel Corp., & Co., Dean & This to its practice the oi including company, extensions, : telephone plant. of Mexico, Utah and Wyoming, in Xdahb south of the Salmon River El Paso County, Texas. On Dec: 31, 1955, the company had service telephones in service in Malheur and a subsidiary, which furnishes of County, of the CAPITALIZATION 1955, year $186,583,868 and of the total had company EFFECT PRESENT TO FINANCING have below named underwriters 150,000' New 500,000 600,000 J.-A. Stearns & 1,100,000 & ,Co Inc.— 1,100,000 Co., 200,000 Corp.— Dick Merle-Smith— & 1,100,000 Marshall— & Freeman Hirsch E. Co & F. Hutton Kenower, Stlx Inc 400,000 - ... — Loewi Co. —V. — Co. & p. N. , & —— " 1,100,000 . May on covering of 100,000 300,000 . , 1,100,000 Co— .100,000 F. 8. ; — Yantis & Co., Inc. 150,000 200,000 Specialties Co.—Bonds Placed at $343,366 $239,757 $0.48 $0.33 divids.) pfd. adopted 17 Boston restricted subject s^nck to the underwriter, Corp., .managing the books stock in on May 18 an¬ bonds, due 1986, was over¬ closed, l'ne bonds 8.—V. May sold were 183, the to under¬ and four held. Bank units company, it was announced on May 28, due June In 1, an called fund of collateral Trust & Northern for $100 and 15 third Indiana into dividend the to common of June 20, on supplied by atf.endmrat. underwriting syndicate includes the firm of Paine, Webber, exact nature of of some the corporation's yet as our Ready— This corporation's new experimental unit for the production of synthesis gas by partial oxidation of coal at Morgantown, W. Va„ was ready to start up last week, M. B. Wright, Manager of the Morgantown plant, said on.May 28. . • . - Although it will be used for experimental purposes only, the unit be capable, of producing synthesis gas in the amount required to approximately 80 tons a day of ammonia or equivalent will manufacture methanol. is It size the the is commercial first same unit constructed ever that as operation.—V. anticlpaved 183, for this of the and s.ze to units type. be used 2294. p. Owens-Illinois Glass Co.—New Plant in 1956 1, 1968 $250,000 at 100% National construction Plans for of Cuba^— multi-million dollar bottle manufacturing a site, at San Jos3 de las Lajas, 20 miles south¬ Cuba were announced cn May 29 by this company. on June 15 following ground-breaking ceremonies. Scheduled for completion. in the latter part of next year, the plant, equipped with three glass melting furnaces, will be capable of producing about 72 million bottles and drinking glasses per year. The principal products will be glass containers for the packaging of foods/ beverages; arid drugs. * V v The plant will be operated by Compania de Vidrios Owens-Illinois de Cuba, S. A., a wholly-owned O-I subsidiary. It will be one of the most modern and completely integrated of O-I's 31 plants., pnlike the company's glass contai.ipie.-., a t''- Vni'.d Sta'es, which re¬ ceive refined sand for the manufacture of glass either from independent sand mines or from three company-owned sand plants in California, the San Jose de las lajas plant will refine its own sand received from plant, east on of 148-acre a Havana, Work will start . mines. Cuban principal another Limestone, ingredient which, with the sand represents about 85% of the finished glass, will also come from Cuban suppliers. " The new glass plant will occupy about 27 acres of the site. It will be a single story structure with partial basement, and will pro¬ vide about 214,000 square ieet of floor space.—V. 183, p. 2294. Service Public Co.—Calls Prefer¬ Pacific Coast Borax Co.—Merger 45c per 1956. redemption stock share on or Holders date. before June who 1956, 8, convert their will receive a payable on the shares of common stock Illinois National Bank & Trust Co. of New York Continental M. James Approved— President of this Company, which is the Amer¬ (Holdings), Ltd. (formerly Borax Consolidated, Gerstiey, affiliate ican Borax )f London, England, and Horace M. Albright, President of United Potash, Co., on May 31 announced that the directors of their Ltd.), States agreement of merger, subject to its terms approval of stockholders. The' name of the merged States Borax & Chemical Corp. The holders of the 725,000 share: oi common stock in the United States Potash Co., exclusive of the Borax Group, will be offered one companies have approved an and subject stock common five each lor United be 4,/a% of snare to the will company preferred stock United of shares of $109 States Borax United of States par value & Chemicrl Potash Co. and five shares of Corp. in common exchange stock. If proposed merger is approved by the stockholders of United States Potash Co., the Potash shares owned by the Borax Group will be the • Nuclear Instrument & Chemical Corp.—New Detectors . The latest issue of "the Nucleus" describes detecting scintillation counters developed by ior use which be 1, Jan. Chicago and The Chase Manhattan Bank, 11 Broad Street, 15, N. Y., will act as conversion agents.—V. 182, p. 2023. and to that the completely fixed. "Nevertheless," he said, "the expenditures in the various areas are believed to be quite realistic." All plans assume, however, a continuation on a level of prosperity as favorable as the present, he added. accrued prior day shares its are July on due will be made at the Mellon Pa.—V. 181, p, 2803. has called for redemption on June 28, 1956, all of its shares of 4.56% cumulative preference stock at $25 per dividends. Payment will be made at the Conti¬ nental Illinois National Bank & Trust Co., 231 So. La Salle Street, Chicago 90, 111. The shares of 4.56% cumulative preference stock may be converted into a like number of shares of commcn stock, but such right to con¬ vert shall terminate at the close of business on June 25, 1956, the plus the underwriting terms redemp.ion Stock— with the radioactive were price and stated Hanes The company share upon In offering Mr. plans are not magnitude of Sold—It debentures of trust bonds, Payment Pittsburgh, Co., be will said .. outstanding 1971, to 'be offered for public sale by Western order issued by the Commission, interested per¬ given until noon on June 5, 1956 to request a hearing application. registration statement, filed May 16, 1956, Western Air Lines proposed the public offering of $5,600,000 of decent res, to be offered for public sale through an underwriting group headed by Blyth & Co.. Inc. Proceeds were to be applied, with txeasury funds, to the repayment of bank indebtedness, which at April 30, 1956, was $5,800,000, and was incurred in financing the purchase of airplanes. been interest. will we . 1 to the SEC for an exemption order permitting its ac .uijito exceed $500,003 of the convertible subor inated de¬ have sinking accrued or capital The 2294. p. Northeastern Water Co.—Partial Redemption— of. 5% Inc. totaled had sales of $243,- Industries, facility—to become operative in 1758—-repre¬ equal to either Olin or Mathieson prior to the merger. New Unit employee's an shares 50,000 This corporation, is engaged primarily in the business of fabricating a variety of metal products; including meta,! cabinets for electronic equipment, flight instrument' cases, storage tanks, cabinets for vari¬ ous components of the Univac, and a variety of other metal products. Its office and plant are located at 1206 North Front Street, Phila¬ delphia, Pa.—V. 182, p. 2359. There Pri¬ the eae . 488,257 248,500 share, through Pearson, Mur¬ phy & Co., Inc., New York, has been completed, all of said securities having been sold, v Arthur L. Wright «fe Co., New York Investment Lines, Inc. The 703,966 360,600 shares of stock at $100 per 150,000 share for one new Public 1955 taxes-,- of common stock, stockholders.—V. 176, p. 1865. the of First sons 1 plan common 600,000 of Ail ; announced on June 1 that the recent offering of $300,000 6% convertible debentures and 45,000 shares of 250,000 exercised. bentures, inc. — (after and ' - primary subscription rights that were Offering wa^ made at $30 a share on ratio not in taxes———— income share com. per Olin of __ Fed. for sales Chemical Corporation value would rise to $583,000,000 by the end $311,000,000 at the end of 1955—a gain of $8%. Work¬ growth was estimated by Mr. Han°s to be just under 40% in 1955 from $194,000,000 to $270,000,000 in 1960. The slower growth in working capital reflects the corporation's plans to improve Inventory turnover and receivables in several divi¬ sions, plus the further fact that much of the scheduled growth of the next few years is in divisions where working capital requirements per sales dollar and per dollar of fixed capital are lower than the average experienced in the past, Mr. Hanes said. He noted that he expected such improvement in working capital turnover from aluminum, cellophane and organic chemicals. Turning to the profit expectations, Mr. Hanes said that while profits are normally measured in terms of book net profit, the potential for future investment and expansion in a dynamic organization—such as Olin Mathieson—is "more truly reflected in the cash profit which is the sum of net profit plus normal depreciation.". The cash profit figure more nearly reflects funds, provided and available, for develop-' ment and expansion of plant, property and equipment and, working capital, ,he added, • •• < .'•»,* ■'•-•»;■ *> Mr. Hanes further stated that Olin Mathieson's net profits are projected to Improve from $44,600,000 In 1955 to $111,400,000 in 1960, an Improvement of nearly 150%. The cMsh profit for the same period is projected to improve from 1955's $60,600,000 to 1960's $149,600,000 —aga*n an improvement of 150%. Not included in these cash profits, Mr. Hanes explained, is an additional $39,100,000 which will be generated from tax savings attributable to accelerated depreciation, and $30,000,000 is generated from the sale of timber lands. In noting that growth of the corporation would be stimulated from Internal expansion, Mr. Hanes pointed to six major segments which comprise the areas of operation of the corporation and assigned to them tneir percentage of the total that make up the entire cor¬ poration. He said Winchester Western and Explosives would comprise 18.5% of Over-all operations; metals—12.3%; drugs and pharmaceu¬ ticals—17.2% film, papef and forest products—12.8%; plant foods and prosphate chemicals—18.2% ; and industrial chemicals—20.9%. These percentages include overseas as well as domestic operations. was 1,190,000 Corp.—Subscriptions—The corpora¬ May 23 announced oversubscription of its offer¬ ing of 139,523 shares of capital stock to stockholders, Frederick F. Robinson, President, stated that 136,411 shares comprising 98% of: the offering were taken up on exercise of primary subscription rights. There were additional subscriptions 59,056 shares for the remain¬ ing 3,112 shares offered which will be allotted pro rata of of $5,199,392 Northeast Metals Industries, Inc.—Securities on .This months 1956 $5,650,521 competitive bidding 1,100,000 National Aviation tion Federal directors ence has applied provision for 1953 1960 fr«m in vately—The company has arranged to place privately an issue of $1,000,000 5% first mortgage bonds due 1968, through Heitman Mortgage Co., Chicago, 111., it was an¬ nounced on May 29—V. 173, p. 1277.f > " - basis compared four Higher—*■', < — income The '» on first 2539. Muskegon Motor tion, •' , $5,264,102, the in equipment expenditures for the first four months as contrasted to expenditures of $7,471,267 subscribed 400,000 White & Co.— Inc — of writers Co— Company—, & , $2,156,015 Niagara Mohawk Power Corp.—Bonds Sold— Corp.— & 150,000 'J. 183, C. of $9,543,329 ratification 1,100,000 100,000 Inc.. - Thomas RR.—Reports Profit $364,534 , , adjusted in Mathieson also pointed out that in 1956 the acquisition of Brown Blockson Chemical Corp., and erection of a1 primary Hanes far ing / & —- Co.—— & American Wertheim 1,100,000 Hutchinson & McMaster Co._ Co—: Stokes J78.90. was as corporation's growth in the metals bus!- : in sales of $288,800,000 for aluminum.1 reflect on the type and sise of business which might fall into this exception to the nTe. The corporation's projected growth in net plant property and equip¬ ment was outlined by Mr. Hanes. He held expectations that net plant of 300,000 Co & Walter Swiss & & of 14.7% property, and equipment • before The 500,000 Bros. & Hutzler Schwabacher income nounced that the $30,000,000 Issue of 3%% - Rothschild & F. net from sales to exploded,' that there is "a definite limit" 2132. p. ratio issued. Either the business will be developed from Stay out of it," he declared. that exceptions to this philosophy will be "few between" and, In any event, anvthing acquired will be for cash or for stock already issued. This means, he. shares acquired • Stock Option Plan Adopted— 100,000.1 —- She arson, Hammill & Co. Ladenburg, Thalmann & Co. :J Inc. Shields & Krensky Net The Robinson-Humphrey Co., showed sales Earns, Co., 400,000 Co.— Mac Arthur M. Co., Inc & 500,090 Co & 182, the profit the improvement in profit ratios: of high-profit ratio lines—particu¬ of growth, Mr. Hanes said, will be based solely on internal expansion. "I have stated before emphatically," Mr. Hanes con¬ tinued, "that the era" of mergers and acquisitions has ended. No * • "changing producing business Mr. , that This expected 800,000 400. p. "Much that to merger Co., within, 179, 1960. added expected Hanes sented 183, p. 2226. Provision & Inc.—.—-a Pollock E. Schoellkopf, Hutton Poiperoy, Inc.-. 150,000 Arthur Copeland Kendall, Salomon 600,000 — & Taylor above.—V. in cautioned pressures, program the Hanes is and technological advances spread over 60 months. • expected increase in pre-tax profits any planned expansion aluminum," he said. Mr. Con¬ Co.—New Bldg.— 19% aluminum on * 100,000 CO L. 400,000 than more to from Paper revenues Income 600,000 & 500,000 — below.—V. May 600,000. loss of a totaled option Hanseatic 600,000 & Sons—— Ira Haupt & Co Heller, Bruce & Co.„__ Insurance Newport Industries, Inc.—Earnings 250,000 Co._ & 400,000 Co., Gregory Kean, ■* Wm. an — Overton Patterson, 250,000 & York Corp. 200,000 Clayton Securities Corp. Foster Wells Muilaney, Ball, Burge & Kraus_L_ Baxter, Williams & Co— Securities to National alter can $288,300,000 and ' 3 Months Ended March 31— to them aggregate in Allison-Williams Co.—— Blair increase timber said on projections reflected the "best think-, executives competitive new explained that an improvement in pre-tax an Mathieson net a Net severally sell purchase, and the company has agreed to the respective amounts set forth below, of $25,00C,C00 principal amount of debentures: City approxi¬ . Outstanding to Bear, Co. income 1955.—V. Authorized Halsey, Stuart & Co., Inc.$4,900,000 and adjusted net railway operating income of $858,774. 1956 operating debs., due April 1, 1978- $25,000,000 • $25,000,000 debs., due May 15, 198635,000,000 35,000,000 20,009,000 35-year 3% debs., due Aug. l, 1989— 20,000,000 25,000,000 34-year 3'/a % debs., due June 1, 1990_ 25,000,000 Common stock 2,920,883 Shs. (par $100 per share)3,000,000. shs. UNDERWRITERS—The controlled or will Committee, and brass products by 1960, compared to $69,000,000 for that category In 1955. It should be noted, he emphasized, that prior to the Olin for the first fo,ur months of 1956 were $52,543,809 for the corresponding period of 1955. There railway operating deficit for the first four months of 1S56 $2,152,505 compared with an adjusted net lailway operating income $2,123,507 for the first four months of 1955. of 40-year 2%% agreed timber 2419. company with net was 30-year 3%% severally, resort, factors, Hanes Mr. off compared with $49,495,282 net income of $22,626,535. GIVING of owned p. Maintenance EARNINGS—For larly Corporation, a wholly owned subsidiary, has recently $22,750*000 contract with the Atomic Energy Commission Cross Oregon, the other purposes. revenues Bahama miles 100 1955:-.-:*! an. such had; 5,477 telephones in service. company also include teletypewriter exchange service and services and facilities for private line telephone and teletypewriter use, for the transmission of radio and television programs and for Services comes Gross revenues for April, 1956 were $13,891,620 and-there was a net railway operating Income of $657,191 as compared to gross revenues in the month of March, 1956 of $13,410,671 and a net railway operating deficit of $622,446. In April, 1955 gross revenues were $12,846,064 with in 1,669,871 Bahama up Mathieson like" 1955 ness approximately Losses for the first fGUI'months'6f 1956 totaled with •The company, a subsidiary of American Telephone & Telegraph CO., engaged in the business of furnishing * commUtticatibh Services, mainly local and toll telephone service in Arizona, Colorado, Montana, and the the Bahamas ratip for April, 1955 and are used for general additions and improvements is New in in April, 1956 com¬ $3,628,636 for the first three months of 1956, it May 28 by George Alpert, who was elected President on Jan. 20, 1956. April, 1955 adjusted net income figures were $688,797. The operating ratio of the New Haven has shown a steady decrease from 91.64 in January, 1956 to 89.19 in February, 1956 to 86.49 in March, 1956 to 78.21 in the month of April, 1956. The operating expected to approximate $31,600,000 at the time the proceeds are received, are obtained from the parent corporation in conformity with purposes, Nassau, Old Line reported was are established of the Mr. do Metals a pared PROCEEDS—Net proceeds from the sale of the bonds will be applied by the company to the repayment of advances from its parent organi¬ zation, American Telephone & Telegraph Co. These advances, which an of located are New York, New Haven & Hartford Co. r corporate Grand to supply Morgan Witter license a rate—were coupon 102.2599%; and and of coast annually 700,000 pounds of zirconium metal for a 5-year period* It is building a plant to produce this metal near Pensacola, Fla.—V. 183, p. 1969: award of the issue bid of 100.22%. on a economic National Research Corp.—Unit Signs AEC Contract— yield 3.45%. The underwriters a 183, Zonolite to bids—at acquisition of Crown on the islands Grand Bahama. on Abaco the Finance of $1,200,000,000 .n I960. totals; and pre-tax profits in five years could 179% from 1955* * : ' 1955 stressed that these Olin reflects north reserves signed Boston ChairmVn Hanes, Hanes of '•. • i Federal-Mogul-Bower Bearings, Inc. May 29 offered $25,000,000 of 34-year 3%% deben¬ tures, due June 1, 1990, at 100.996% and accrued interest, Additional miles National on First Mr. ing" of its and . Mountain States Telephone & Telegraph. Co.—Deben¬ tures Offered—Halsey, Stuart & Co. Inc. and associates won result a new • Bend, Ind., and Central Bank & Trust Co. of . W. higher than reach $229,000,000 National Motor Bearing Co., Inc.—Merger— Co. - as corporation has been granted which has been established on and acquisition tainer's of the, Board of two banks—The Amer¬ 181/p. 2016. Bahama acres.—V. of thfr South's largest automobile finance com¬ located in cities principally along the Gulf Coast, are under reserves, / the Freeport 30 The one Mr. Mossier is also Chairman plin Mathieson Chemical Corp.—.Outlook, etc.— 23« the corporation's sales volume could climb to mately 300 miles from Jacksonville, Fla. At Jacksonville, the corporation has one of the largest of its six kraft pulp and paperboard mills. It recently disclosed that it is con¬ sidering expansion of Its mill operations in Jacksonville, having ac¬ quired nearly 100 acres of land adjacent to its present mill. A 437-foot long 3,300-ton steel vessel, the "Abaco Queen," has been purchased for transporting the timber to Jacksonville. He succeeds Jacques Mossier, founder of the company, who will become Chairman of the Eoard. " ■ The company was1 organized in New Orleans, La., in 1927. The ad¬ ministrative offices were meved to the Prudential Building in Houston, Tex., in 1951. .,,,..0 ' panies. inch in diam?t^r h a di*f°r"ntial type-detector measurement;,pf high level slow neutrons.—V.1183, p. 1970. *< • inches long and John 2% 2539. British Abaco, in the Bahama Islands off the under construction Grand ident. The company is represent approximately p. a special act of the island legislature. With this, go certain guaranteed tax benefits and the use of a dock and wood handling area Vice-President to Pres¬ promoted from timber ..., in Miami, been 183, under now 183, p. 2186. Messier Acceptance Co.—New President, etc.— Walter would on May 28 announced the addition of approximately its . business piggy-back purposes. This program will be broadened through the pooling of techniques and know-how de¬ independently by each of the participating railroads, Mr. Behler said.—V. and National.—V. Grand Bahama and speeded veloped of cutting rights to all timber held by the of were continuing program of research which finally will evolve as the a 6Vh fqr.the National Container. Corp,—Increases Timber Reserves Jbis corporation acres the and: development into the type and assets 300,000 most practical for and total Simultaneously, also R. Reed, is a that the...,Wcs -era Stuart 115% specific purpose of hauling highway tie-down equipment or devices on the trailers no the oi partners; ftPPlicajpn, Btatqs yill bs acquire^ .it, at' jt'pe public, offering, from/a^y of the.,underwriters other than Paine, W'ebber,' Jack™ Curtis.. .Such a.purchase would constitute 10% of the total onering by Western Air Lines hauled. The company whose Lihfefi4 depentdres price, . with 17 of one j Ali 13 (2653) physical gamma-ray lead al . research, permits nose the!r spectrometer with A new line of radioactivity detectors featurfe: (1) quarter-volt scalers systems without a and modification; Desigmd industrial special circuit ratemeters, (2) sensitive crystals (3) and a complete choice of alpha, optional beta, and phosphors.- specification sheet describing the Model 3782 Neutron Thermo¬ pile is available frork this corporation. surrendered stock will This instrument, approximately canceled. and consummation Upon Borax Chemical & owned by 725,009 the merger, capitalization of United States of 4'/2% preferred will consist of $14,500,000 the Borax shares stockholders Potash of Corp. 1,175.009 shares of common stock, of which 3,100,000 shares and be and or pieces and collimator inserts for applications where direction¬ sensitivity is necessary; gamma new this corporation. isotopes in medical, biochemical, these use a of the $14,500,000 of preferred stock Group, common other than stock will be owned by the nresent the Bcrax Group, and the remaining 350,000 shares of common stock will represent,the of the New It J)unc, is private investors headed vote 115, p. that upon of 877. the notices the of proposed Potash special holdings in America Freres & Co., Djr Lazard *-> '" expected to stockholders —V. of group York. '.a meetingfe to be "held late merger, .will. shortly be and of Pacific Coast company mailed Borax in to Co. 14 The Commercial and Financial Chronicle (2654) for ■wait The initially them funds using p. 2420. PROCEEDS—The Telegraph Co.—Plans Financing— This $1Q0) hi for and due stockholders to debentures, 32-year P. U. (par to sell at competitive bidding $78,000,000 has filed an application with the California permission to ofier 1,562,267 common shares company Commission Jiled the company middle the for treasury company •borrowings.—V. 183, Pan-Israel p. Oil by financing will be U3ed to reimburse the capital:expenditures and to repay temporary 2420. (Panama) Inc. Co., \ This to offer 1,000,000 certificates for pubiic sale through H. Kook An additional 180,000 shares, and certificates therefor are Inc. Co.. subject to options and 250,000 shares and certificates are being offered outside market for price a permitting it holdings during the The the If all of within months 18 if agreement additional securities the sold, are at $1.50 a > , ; ' average price, there will be 7,<I15,180. shares outstanding (inclusive of 1,000,000 shares issued for securities of Manabi Exploration Co., Inc.), for which the «, ' pubiic will have provided $1,500,000 In connection with this issue, directly or indirectly, and $1,217,784 in connection with previous offerings (representing 65.4% of the cash received); and .will bave received 22.2% of the outstanding stock, whereas the promoters .; investing and their •will of cash . designees have received have of licenses the and will 52.5% contributed the such considerations turned . The licenses to explore .for oil and in gas and expenses of the company, and acquisition, of additional acieage.—V. 180, p. 1877. Net Israel. Panhandle Eastern Pipe Line Federal Power Commission ' directed this companies and order v , with towns 31o., Panhandle to supply the following : indicated maximum daily volumes of I the Missouri Public Service Company, of Warrensburg, City of Montgomery, Mo., 649,000; -Town Gas Comof Virden, 111.; 895,000; Missouri Central Natural Gas 11,000,000; pa^y ot Illinois, > " Mo., 1,391,000; Village of Westville, 111., 1,039,000; Village of Pleasant Hill, 111., 518,000; City of Waverly, 111.," 644,000; Village of Rossville, 111., 643,000; Central Illinois Electric and Gas Co., of. Rockford, 111. (for City of Delavan, 111.), 626,000; and City of "Winchester,, 111., 613,000. ' ' % ' ; Trunkline will supply the City of McLeansboro, 111., with a daily maximum of 1.549,000 cubic feet, and the City of Vienna, 111., with their construct handle order projects Trunkiine or Parsons & requires and within to be the 12, able companies, and receive to year.—V. one 183, Whittemore-Lyddon service towns from the to has contracts (N. Y.) the for and abroad. and ■ and partly with the three of its Parsons in Black-Clawson Whittemore-Lyddon & England. Coal Co.—Holders Approve shareholders >*, 21 May on approved the acquisition of the up the Sinclair group of coal companies. that made The acquisition was consummated move tion confirmed was Otto Gressens. for listed by U. a Chairman relisting again Mr. ment." of the the are year Sinclair the combined Mr. last July 12 and the legality District Court on Feb. 16. S. of the stock there finance would be a said this j.tock. company details an operation four «r for when —V. 183, is committee sent to said New the an p. of paid DJiector 3s I of this of President nd 183, Co. 81 or to pay he a stock of the at Room company, now "The II, in "that the 5 tc offer to to subscribe-on shares .of for each a & Cedar dividend markets for will for such again the on a common W has oi Bank committee the in of Jefferson Cedar the Lake the last up," the three but he been Rapids, Inter . & ' if said. l.iat on May 29, of elected Mr. the past interested given The Pennsylvania "whose operations I cnnsylvania, as basis Power such persons for is do the until June exemption predominantly not extend 15, a Ocean applied --V. a 1956, in request the p. on Allen P. — be used Stock the year profit; gross EFFECT (no company ration Tofield Reflecting directors and TO — President; Toronto, a Toronto, liamson, '• Plans Dome and Mervin director; director; Calgary, development of assume the is company of for into go first > /■ immediately,: M. effect of the four batteries Goetz, E. will be the gas receive following A. of years - working taken out S. 3, • battery. It 182, p. 2010. ' ' ' experience / t . May on 17. filed of letter a / / ^ notification acquisition with the 150,000 shares of common stock/(par 50 cents* to be per share, through L. J. Mack & Co., Inc., New York, are to be used for working capital, etc. natural filed to be supplied by amendment. underwriter. Reynolds & Co., Inc. - the seller of 57,595 shares * Reynolds the remaining 10,000 shares. The shares being sold as Mrs. are the . of the Estate, completion principal prospectus, of the Estate is and those by Mrs. Reynolds, to diversify her assets. Upon such sale and the sale of United States Foil Co. stock (see below), the Estate will shares 21,010 of class B of. United Foil. . - of of States Foil, States and, as Foil; and 246,604 common, Trustee also will and common United Reynolds the right and be obligated own Reynolds of own Mrs. shares of trust of a to purchase 171,990 shares Reynolds will own B common which she is in¬ revised G„ M. that of slate Riddle Riddle Increase Airlines, Inc.—New Records Made— for flew of sales. . 2,798,414 58% over pounds of the air 1,770,214 , an April pounds carried in freight April, for ,. record, an 1955. The also flew another 52,952 pounds on special charter flights during the month, Mr. Hood said. ~ • In addition, he said, this all-cargo airline flew 1,637,208 revenue ton .miles East Explo¬ director; R. and and Gardiner, C. A. by Provo in reserves exploration in Western - for and Puerto Rico.—V. p. . , , ■' ' ., Controls Co.—Expansion— and development of laboratory. ordnance instruments and * - control equipment.—V. 182, p. for aircraft, 2024. (Continued on - r the development and manu¬ devices missiles . and Canada. 1618. is constructing a new laboratory building at Its Aero¬ nautical Division, Anaheim, Calif., to provide increased space and facilities for apparatus suitable for guided missile applications. The ". new building is being constructed adjacent to the division's research facture • Riddle Airlines serves the 183, » company .The Aeronautical Division is engaged in Calvin,' W. Wil¬ „ Midwest, Robertshaw-Fulton Beli; Calgary, director % Calgary, director'and / C. during the month, still another recoid. Coast, This company. officers of . 2540. /Two April records-were smashed by this corporation as it chalked up the busiest April in its history, according to Charles L. Hood, Vice- 10,000 shs. " Dome " class beneficiary, 88.200 shares of class A common of United States Reynolds now has outstanding 10,055,065 common shares.—V. 183, come p. of common shares 3,080 President " a - \ gas ; proceeds by the Estate are being sold to obtain funds to meet tax obligations of the Estate and for other purposes in connection with administration None . from control Gallagher, Calgary, participation additional ' : r , $1.50 The listed and in Outstanding Secretary. active ; .. corporation at , .J. / battery, the project entails the irebuildihg completed, It will give Republic's Cleveland' Dismodern, efficient, smokeless coke plants any- .. covering 4 * Reynolds Metals Co.—Registers With SEC— is - FINANCING Calgary, director; G. Michel, New York, director; Dunkley, /" most the nation.—V. writing terms Atlanta 500 shs.... Dutton, W. ; plant registration statement with the SEC on May 24, 1 par common stock. These shares : are to be offered for public sale by the * by Mrs. Julia Lou lie Reynolds, widow of R. S. Reynolds. The company will receive none of the proceeds of * such sale. The public offering price -will be related to the current market price for the stock at the time of the offering; and the under¬ company's gas reserves in the fields of Alberta, Canada. Under;* a 37Va% share interest in Provo announoed: ; .% presently outstanding, and Estate of R. S. Reynolds and (Canada)—Acquisition— management Board/J.-P. C.. C. that ; each in the According to the PRESENT , announced all will change, the call 31 of Westlock and this of Chairman covered by this 2,000,000 shares 1956; covering 67,595 shares of its $1 obli¬ current Building, 10,000 shs. Nlay Ltd. arrangement Producers t ^ is ovens of in Y. 19? 1. many par) on ; a which shares, company (Western) Provost, Gas claim of stock will;.be Involved 800,000 are . GIVING will it This company calculated to average approximately 20.%. (par $100) ! — company of 51 offered N. .„ number . ovens./^When V SEC years a of ^ ■- The When one The . / iortiy air a associates. -Securities and Exchange Commission— Livah, made his maximum Research rMutual Corp., New York, N. Y.—Fifes With , one,new Offered to retire Healey 612 April 30, Livar's a and dismantling operations begun shortly. * i job of. dismantling the old anii' building a new battery wlli cost more than $5,000,000 and will take about 12 . With organized to develop certain ideas, in air condition¬ from of and 410. p. ovens trict 183, p. 1861. This company 1234. located at Georgia Provo Gas Producers, Ltd. Reinsur¬ Commonwealth the State in which it is organized.—V. 183, to public-utility the Ga. to investments ^ t are (.Calif.) printed purchase entire of 204 . Director to the SEC application is beyond ; ■ for< 281,435 addt- contracted units and inventories and for four than more has Common a tempting it and its public-utility subsidiary, Safe Harbor Power Corp., from the Holding Company Act; and the Comthereon. - & Co. Inc. and Johnston// principal underwriters.—V. 183/, ; report to finished,-work will start on a second is estimated that the entire job will -take about five years. record14 s ' production -m basis- of '• '■ will giv$ Cantor, Pitzgeraid efiective working control. and program The from';^. . Authorized er has / proceeds net was Preferred stock Sulphur Co., the lber- has / . determined oe, the number a shares 650,000 manager,.* said. 'x corue commercial amount of Light Co.—Seeks Exemption— This company, it was announced Water The > _ the to Beverly-'Hills inc., option an .. / has been constructing its units perfectly functioning installations. In August, 1955 it entered into an agreement with Laurel Products, Inc., Laurel, Miss., for the construction of each unit at a set cost. Selling prices are established (many lower than usual) which provide a varying and ^ Martin Land Co. of Louisiana.—V. 181," ' ' is any-additional-subsidicompanies it might organize or purchase. or corporation on May 25 announced the beginning of a program rebuilding of the four old coke oven batteries at the company'* Cleveland steel plant. "? J f Read the as Inc.,/Atlanta, incorporated field. For out refinancing,, a Director— Iowa, price Dillon, named " $10*/on (par The to Co-., & secured owned-by of 183, where 20 the proceeds will be retained by be used in such manner as will be Republic Steel Corp.—Continues to Make Improvemts. as the company's Chairman and President, hasin developing a complete line of residential conditioning equioment, tmough special designs evolved by him. These are both air cooled and water cooled; utilizing " the evaporative condenser principle. The method developed uses water, but recirculates it; thereby saving 95% of the water normally used in water condensing. All designs, drawings and models have been comO pleted; manufacturing arrangements are concluded and a selling pro¬ gram established. and be ' to reiinancing; come ■"= made. been before June or • of be -purchased at- $12.50 per share. The shares represent better ,th?.n one-third of the V. of the purchase .* Corp., confirmed 23, May shares will, $1.56 'stockholders -of common' Fitzgerald on outstanding " was spent 1952 working and is have ' 2421. that share. have since include Rapids, Nations' executive Director held. shares offering Co. The company corporation, to fill the created vacancy by the Taylor of San Antonio. Texas. Mr. Hamilton the stock, common 20 its Investment they had minimum 3,000,000 % W/, Wasltin^ton 4, .D. C., St., N. balance The company,-. The 4 / I ' " '. : • wholly-owned subsidiary, the insurance company, a, for- the Co.—Bids June 4—^ ; 931,"929 E plans right ing that had for earnings will progress money matter of Pennsylvania Power I tearing " ; to Subscribe to Be Issued— <>* company the the laisTfon " be *. . .< ! 4,677,065 $1.71 - will to the. capital of in "Daily Variety" working-control of Re- ;v;- 3,000,000 . BUSINESS—Corporation, operations % - transaction '• Electric Co- 5,135,431 ,, outstanding which company, will be contributed Cantor, ■ Ga. Stock " • . remaining $2,000,000 will be contributed to the surplus of the bankers,- - : PROCEEDS—The manage¬ common a dividends said, of Including cents questions unfavorable that Merchants of and %^2122 ° : 2079. 'Rights Vernon of member ance *: *1956 " f ; 1955 > $33,142,013 $30,061,673 •- v . m/ the capital. 1113. Hamilton, resignation i T share CAPITALIZATION T. $0.30 1 Sandy this of Insurance company or .that borrower, voted 571 to'99 to 8*11 adding- about 900. customer? to $1,007,300. v v ' " of :-l gations, to purchase applica¬ • ■ Republic Pictures Corp.—Working Control to Change Co., also of Atlanta, on May 10 of¬ fered 6,950 shares of common stock (no par) at $10 per share only to residents of Georgia. • earnings this control indicated year, common program company. have been 559, no directo'/s, improves, pp. the the account, full $6,634,774, the it outside Penick & Ford Ltd., Inc.—Hamilton vO.m 16-year-old April 30— Power-Freze, ' ,/ ■ public Pictures. The 60-day option calls for Herbert J. Yates, President of Republic, to sell them all his shares of Republic stock, as well as ' ? / ' * ' / * company, offer an Potomac Electric Power P. eight York improvement in an the whether has for expansion months i.Dd be income for -one year" problems of forma pro companies at considered The should developments no companies Gressens Other —V. before He told stockholders he expects the stock to be very near future." said there Last the ci "in Gressens "if the REA an this to made common Lemon Exchange immediately. year of members ' per tional of '■/ . under ; ' ' — * title ary Franklin Securities Acquisition on share company. Reinsurance > ; ' COMPARATIVE STATEMENT-OP EARNINGS Earnings share affiliated , Commission—/,;. 2,485,000 shares of ther'the interests of the insurance company $154,848 , $0.50 'TV'V,: !"■ ^ revenues Shares of June •; Organization. "* is Sinclair Companies— companies I" " *4 bv* , - plant * 1956. 20, June acquire to insurance v, $0.38 . income paper from Peabody The '' The expected pulp * '///, r S.andy,-Ore., PGE I. The to be in operation by the middle of 1958. making machinery will be supplied by The Elack-Clawson Co., partly out of its plants in the United States— "Watertown and Fulton, N. Y., and Middletown and Hamilton, Ohio— The 1956, system lines. * . Net Colombia " — -construction $30,000,000 to this company, which paper and machinery with affiliates .These ate of electric Operating v awarded about . per the of ees $154,848 ' //.>;/• $295,157 will up to 11. a.m. (EDTi on June 4 receive bids for it of $10,000,000 first mortgage bonds due 1991.-" paper mills at a total cost of about Is a world-wide supplier of pulp, here 25. 12 Months Ended Pan¬ Awards Contracts— .Colombia $2 while the 59,011 >• . operative « 1477. p. shares May 25 filed a registration statement with the its common stock, to be offered' for :*/ through Luna,- Matthews &■ Waites, which will * make the offering on a best efforts basis and receive a selling com-:* mission of 30c per share. ,An additional 500,000 shares, also being registered, are reserved on exercise of options to be granted to employ-. ..at months. Commission's the underwriting group which expects the of formed corporation covering sale ieet. cubic The ' special credits p. 560. ; April PGE •/ - This SEC the 1955 $236,146 —— 183, On Company, of Macon, 517,000 offering isters With Securities and Exchange $1,000,000 Portland General Electric Co.—Purchase, etc.— directs cubic feet*: £*$ —V. „ Commission's ..jr* r share— special credit After company Illinois. The f' r /.'/*• determined by the Board of Directors in order to supplement and fur- . " ' 1956 * ,, per Before and Trunkline Gas Co. to supply a total maximum of 20,084,000 cubic feet-: of natural gas per day to 12 utility companies and towns in Missouri / &nd •■ credit—— .. Co.—Expands Service— has * special income Earnings The before 'jf' Net v . income Special credit after taxes resulting from sale of stock of Boyntort Acceptance Co. Ltd. exploration and develop¬ ment -v.- Delaware law on May 24, 1956, the company pro- ;•> adequate capital with a sufficient amount of stock <•; reserve to be in a. position to purchase or organize its wholly owned insurance company subsidiary or subsidiaries; Including the Reinsurance !. Company of the South, and to acquire through purchase, merger, con-*-v; solidation, or reinsurance transac/ions. otnec insurance companies as^: they become available from time to time. It now has outstanding 15,800 - v"*-' See offering details in V. 183, p. 2295. ; .'/ v.,5; derwriters. Pioneer Finance Co., Detroit,; Mich.—Earnings Up— of the financing will be used for carrying out the explora-, and development of presently licensed, acreage, operations tory drilling public "Organized 12,684 shares were' subscribed for scription offer; and Year Ended March 31— holds company registration a Motors corporation poses pursuant to the additional subscription privilege.This $ left no unsubscribed shares to be purchased by the un- company. Het proceeds SEC total the of < the to over the with filed 29 proposed offering of 216,950 shares of its to be sold by American Motors Corp. These a $5* Gas Natural and cash .. are Go.,. Inc.—-Offering eversub- y. common shares. Major General Walter J. (Crack) Hanna Is listed as Board Chairman and President. scribed—Of the 41,530 shares of common stock recently ".According to the prospectus, the first $3,000,000 of net proceeds will ■offered for subscription by common stockholders, 87,704 be used to purchase or organize a legal reserve.life insurance company."" shares were subscribed for pursuant to the- initial sub- % The name "Reinsurance Company of the South", has been selected for "v Piedmont outstanding stock for such percentage other and of 10.5% which Reinsurance Investment Co., Birmingham^ Ala,—Reg- by capital of and price at which sales are made or $2.50 whichever is .the lower*. average has outstanding certificates representing 6,390,186 company now ■shares. the than of term (exercisable shares sold five less make fully to that condition of eacn not by finance ,/.//%"'/' , at May on (par Smith, Barney & Co. will head . share one stock 21.7% This ; , the price issued to in 1913, is the largest supplier of tera- •*, ..It is registered under the Investment Company Act of 1940 as a ' perature and pressure controls for refrigerators, home freezers and closed end non-diversified management company, with freedom of air conditioners, and produces a major portion of the heater tem¬ action reserved to change to a diversified company; perature control requirements of the automotive industry.r--V. 183, There were 5,757 holders of capital stock of the corporation on ■% p. 560, •/',*; ' ' •/•■ • -% . "' / " March 31, 1956. The Adams Express Co., which-is an investment * company registered under the Investment Company /Act of 1940 , .(Fred P.) Rapp, Inc.—Sale Expected To Be Consum¬ and owns beneficially 271,200^shares, or approximately 16.5%*, oi the outstanding stock oi the- corporation, "has advised, the corpora- * mated Around Mid-Year— ;/:%.* V; tion that it has filed -an application with the Securities and Exchange See ACF-Wrigley Stores, Inc. above.—V. >183, p.- 1478."' ' ^ - ' \ * Commission for an order granting it an exemption under that Act United States. The public offering price is tp be tions become such as to indicate that under- the condition of the outstanding certificates from time to tiipe on aforesaid exemption order it would be necessary to digest", itself of a the American Stock Exchange. 1'he offering is to be made on a "*■ substantial amount of capital stock In- order not, to increase the "best efforts" oasis by H. Kook & Co., Inc., for which it will receive percentage of its holdings. It is expected that such exemption order a selling commission of 20% of. the offering price (5% of which will will be issued by the commission in time so that The Adams Express be payable in stock of the company*; and the company agrees to grant T Co. will be able to exercise primary subscription rights;—V. 183,.,p. 2295i options to purchase additional certificates for its stock at a rate of sale fox the about at American of to , covering shares, proposes & " filed a registration statement with the SEC on May 1,430,000 American voting trust certificates lor of common capital stock, 1 cent par. The company company 1956 1,430,000 the company of, 1,000,000 outstanding shares, comprise holdings of Ranco stock. * t \ The company intends to apply for the listing of the 1,000,000 outstanding common shares on the New York Stock Exchange. all .. exercise its primary subscription rights on the % exercising such rights the percentage/-of its - stock after completion of the„ subscription ofier •/: should be increased above its percentage of holdings at May 28, 1956, it will divest itself of capital stock to the extent, necessary to restore * its holdings to the percentage existing on said date. The Adams Express C.o. has also advised the corporation that, subject .to ,the «.* * issuance of such exemption order, .it is its present intention to,/exercise all of its primary subscription rights: but that '..it: may ' exercise them only in part or not at all if market or other condl-/, Securities and Exchange Commission— 29, " shares, ' organized was will be notes by 1956 construction expenaituies, $27,000,000.—V. 183, p. 2295. corporation covering common , 1,970,400 shs. 2,500,000 shs. — corporation used be Ranco, Inc., Columbus, O.—Registers With SEC—■/, This ' Outstanding . will portion of its a statement policies. FINANCING Authorized and » Registers With 4 — PRESENT EFFECT TO GIVING its investment out which promissory ' required are . August. of available made Funds ? Securities with of -July/ about , debenture and stock issues will be and Exchange Commission in the latter part said. Bids for the debentures would be opened for Service. est.imaled in Delaware on Jan. 16,-' 1929, has carried on business as an investment/ company since on' or. about Jan. 22, 3929. Its office is at 48 Wall St;,: New York 5, ,N. Y. the for statements Registration • carrying $1) (par BUSINESS—The stock. common stock Capital 1988. 15, Aug. in used » would be offered atjpar in the ratio snares common be to CAPITALIZATION of one new share for each six common or preierred snares held on a date to be iixed by the directors. American Telephone & Telegraph Co. owns nearly SO% of Pacific Telephone's voting securities—preferred and The corporation the of sums banks, temporarily added to the general funds proceeds are to be net announced on May 28, has received SEC not exceeding $12,010,000 in the aggre¬ was borrow Proceeds Corn Exchange 183, Pacific Telephone & Public The offering is not underwritten. Chemical Bank, 30 Broad St., New York 15, N. Y., is subscription agent. the it to seven from gate Monday, June 4, 1956 . Co. of Oklahoma—Bank Loans— Service company, authorization 1956. 11, offering to its short-term bank loans. of This on oversubscription privilege); rights to expire on June an , proceeds to reduce the add to plans company general —V. stable market." more a announced on was Public May.28 offered to its common stockholders of record at the close of business that day 328,400 addi¬ tional shares of capital stock (par $1) at $15 per share on the basis of one new share for each five shares held (with poration May 21, has filed with the Securities and Exchange Commission an additional delaying action on its $25,000,000 debenture issue originally scheduled for offering May 1. With the expiration of the first 20-day delaying period the company now is into its second such period. Officials say they "are continuing to watch the market" and to it company, America—Stock Offered—The cor¬ Petroleum Corp. of (Calif.)—Offering Delayed— Pacific Finance Corp. This .. page 55) and - , • Volume 183 Number 5539 The Commercial and Financial Chronicle ... 15 (2655) Per DIVIDENDS Dividend tables. grouped in two separate announcements are In the first indicate we Name of Company the all dividends -, an¬ Extra : i V_,__ ously announced, but which have not yet reached their payment date. Continental Name of Company Adams Hat Adam Stores, Consolidated Admiral Aetna Corp. changed (name Indus.; 12'/2c — •H 6-30 $1 '6-15 1*, 7-10 25c (quar.)__ _ Inc., common - 6-30 : '4%% Allied preferred 7- 2 6- 60c 7- 2 30c 7- 1 $1.06% 7- new Aloe (A. S.i Co. iquar.|_ Alpha Beta Food Markets, Inc.— •-5% preferred A tquar.)_-__ ———— •" 4'A % preferred American European American Express, Common t American $6 ; ($100 Hair Jt'eK, American Screw Co. American Snuff 6% American Ampco Metal, Anchor Post Apex Ine. * 50c .-•.'-v —- (quar.) 2 6- 85c ■ 2 7- 1 B Avill'sen Old Tools Babcock stk. divid.) 6- 2 6-7 7- 2 6- Co. Gas 50c 6-30 7- 6-30 6- 2 8 7- 2 6-16 $1 7- 1 B -415c 7- 3 7- 3 6-15 $15c 7- 3 3 ; A- , Basin Oil (Calif.) common Ltd., & Common Mfg. Hats, A Ltd., common..:. -______ common t. Diamond Corp., preferred Light & Power Co., preferred 6-15 Gas 6- " Inc. at the 6-15 6- 5-21 July 24 proposal dividend. 1 7- - 2 6-29 2 6-11* 3 11- to (quar.) -) 7-15 5-15 1 6-15 6- 8- 10- 1 7- vote declare Mills, Genuine 6-15 6-30 6-16 6-30 6- 6-30 Bymart-Tintair. 5% 6- 8 6- 8 7- 1 1 ~ _ 10c (quarJL_— Calgary Power, Ltd., common 4% preferred (quar.) 4'A% preferred (quar.)_ 5% __I — 9 (quar.) . ; (quar.) Crushed & Cut Stone, 5% 6-15 Canadian and of General class B Pa. 7-16 6-15 Hall 7- 3 6- 7 Haloid Harnischfeger 1 redeemable share held ) $1 par, for Carriers Central Central 8c 7 37'Ac 6-15 6- Hartford 6-15 6- Haytian American 5% I pfd. 2nd Gas issue quar.)__ Corp. (quar.) Storage (quar.) Gas & Helme 7- 8 (George 6-1 Holland 6-30 6-15 Home Oil 6-30 6-15 Hoover 7- 6- Hot Furnace Ball —————— tl5c 50c 8-15 6-15 7- 2 6-18 5V2% 5 (quar.) — after 3-for-l split) 7-16 16- 5% 8 $1.50 class Electric Co.— Huyck 7- A C.) & Wines, Semi-annual (from Ltd. prior preferred, 4% Y.) conv. Commercial 6- 6-25 6-13 6- 7-30 7-16 1 6-18 6- 7- 1 6-29 6-15 (ouar.)__ 25c 6-29 6-15 pfd. 50c 7- 6-20 from investment income Commonwealth Life Insurance 2 - (quar.) Machine 8 7 6-15 5-31 7- 2 6-22 Juniper 7- 1 6-15 Kable ment James 5% 7- 1 6-15 1 North American Common Northern Ohio & Brass Class 5-31 10c 6-25 6-15 6-15 6- 1 6- 5 7- 3 6-15 15c 7-16 6-29 37'Ac 8- 1 7-20 6-20 6- 20c 7- 2 6-15 7- 1 6-18 7- 7 Ox Land— Co., Ltd. (N. class Ltd., 6% 45c common preferred Steel Products Co., preferred (quar.) Fibre Brush— "A" (quar.)— —- 7 $1.25 6-29 6-15 7- 1 6- 8 6-11 6-29 6-18 61c (quar.) 6-26 35c 6-29 6-18 $1.12 (quar. )„— 6-29 6-18 7- 2 6-15 ,6-l j 6- 1. 7-16 6^25, 25c 7- 50c 7- 6-11 2.,/ 6-11, 6-11 2| 6- 6- li. 6-11 6- (I 30c 7- 6-1 i 15c 9 2 6-22 6- 6-22 6'-*].' 7- 15 6-11 2 1- Co.— ' 28c 6-28 40c 6-23 50c 6-12 J25c (s-a)__1 7- 6-11 6- \ 6- 2 A 6-25 6-11 6-25 6-l.f 60c 7- 1 6-L5 6- 6-15 6- A 6-15 6- 1 t25c (quar.) 6-30 37V2c Ltd. 6-16 31'Ac 8-15 7-16 t$1.75 8-15 1 6- ... (i 8 7-16 (initial after three-for-one split)—, Pacific Telephone 8c Telegraph, 6% preferred (quar.;— Park-Lexington Corp. Penn-Texas 6- 8 6- 6- 8 6- A 20c 6-15 6- (V . .. 20c (quar.) %, $1.75 7- 1 2 6-10 6-29 6-1*3 $1.50 7-13 6-23 25c 6-15 6- A 2J/2% 6-30 6- 8 40c 6-30 6- 3 Corp.— Common $1.60 com. 40c 15c ——— Pacific Coast Aggregates (increased). Pacific Intel-mountain Express, new common (stock dividend).. preferred ______ (quar.) Pennsylvania Electric— 4.60% preferred Corp. Pioneer series G- (initial).——IIV2C (quar.).. Gold Mines of 2bc British Huron (quar.) Transit, common Portland (quar.) Woolen 6% 6-1 8 6- 8 Columbia, Ltd. tl2V2C 8- 1 7-1U' 2uc 6-25 6-lLi 2Cc — (quar.) 6^15 6- A 7%c common 6-22 6- 3 l£c 6-30 6-18 10c 6-?9 6-2U 6-2'J $1 common _____ 6-15 6-30 6-18 10c 7-10 7- 5-31 2 2 VbC — preferred 6-29 12Vnc 31'Ac (quar.), ; Mills, 5-2!) 6- Manufacturing (quar.) Sulphite & Paper, com. preferred 9 6-25 6-20 preferred 5% 6- 5c -—— Suspender (quar.) Polyplastex United, class A Tile 1 30c _— Pioneer Mills Pomona 6- —_______ —_— Pioneer 4% 6-15 6-2J 25c —.— Perfex 6-29 2 40c Extra Permian Basin Pipeline Pettibone-Mulliken (quar.) 6- 6-13. 7- 50c (quar.)_____ 6-13 1 2 $15c 'J. (quar.)— 6-13 6-20 2 7- 50c (quar.) 1 7- 25c do., "Ltd. 6- $15c 20c 2 6- 5-21 ' 25c 2 6-30 5-13 .... —_ preferred 7- 6-15 6-T.l. 5-28 $1 7- 4 6-10. 6-22 $1 40c 6-11 6-10 2 t37V2c A 43 %C 6- 2 7- H.)— (quar.) 6- 1 7- $1 (quar.) — 6-20 7- 6-11- $1.85 — com. 6-18 7- 2 2 5c (quar.) Public Service 1 6-11 6-11 7- 62V2c (quar.) 4 6-25 6-25 15c 40c 6- 20c 4-27 ((JuarX______ Insurance"1 (quarj____ *' 6-28 1 1 6- 6-11 (quar.)___ 50c * 3 capital 7% 6-15 7- 60c B Ontario 6-11 6-1'P ... Ry. 6-15 1 6-11' 6-29 5-25 1 convertible preference (entire issue called for redemption on June 28 at $25 per share plus this dividend). c 7 6-1'A 3 4.56% 6% 6- 2 7- 6-29 T.___ (quar.)— Oneida, 6- 6-11 7- $1.31'/a Co. 6- 2 7-14 50c common Cement; Indiana 5-31 5-31 tl5c - ' Gas 6-10 6-10 15c gains ordinary income)— Corp. "B" Penn l> 6-5^ 6-16' |25c (quar.)— File— North 0* 37V2c "_ Extra I (quar.) (quar.) Co., $2 — 6-11 (quar.) Power Corp. of Canada, Ltd. (quar.) 6% non-cum. partic. preferred (quar.>____ 4'/2% first preferred (quar.) Progress Laundry (quar.)_ — class & B Co. of 7- 3 6-15 7- 2 6-15 7- 2 6-15 $12c (s-a) 7- $$1 20c Chemical Providence 7-10 7- $1.50 6-30 6-22 f50c 6-30 6- 7-16 6-2(1 +76c 3 U 6-15 5-31 3 6-15 Corp.— 5% Public 4% Service 4.24% — —. pfd. America (quar.). (from net — preferred Purolator SI b-30 b-10 Quebec Telephone 7- 1 & Ranco, Inc. Raisin Printing Corp. (quar.) —- — 6- 7 25c 6-30 6-10 7- 1 6-14 $1 7- 2 6-11 6-lu 6-26 4 Oklahoma— $1.06 7- 2 $1.16'A 7- 2 6-lii 60c 6- 4 50c 6-11 6- 7- 1 6-11 6-15 5-23 -0c 6-21 6- t^Oc (quar.) 6-29 30° Paper 2 6-11 6-15 6-29 6-15 25c (initial) 6-27 (quar.) 7- 6-29 $2.50 Co. Mining 25c 6-30 7-^ 7- 2 6-l.j b-ib b-lo 7- 0-10 6-11 43 %c 6c (s-a) Kokenge Oil 6- (quar.)__ (quar.) 6-15 30c — 6-15 (quar.)_ 6-30 invest¬ — (quar.) 7-16 35c common... 4.65% preferred (quar.)_ Puget Sound Pulp & Timber River Robinson & of Co. preferred J56c 64c Insurance Transport Co., preferred (initial) 40c common preferred Washington Provincial $12'Ac income) Mfg. Julian Kahler 6-29 Ltd.— (quar.) investment 6- 6- 65% c Ltd., Minerals preferred (quar.) International Silver, 7% 6-29 25c Mining Nicholson Ohio River Sand Co., Olympia Brewing Omar, Inc. (quar.) 60c series Tool & 4% 6-25 75c 1 7- quar.) M-agazine_„1 Ncwmont 6-11 2'Ac Breweries Common 7c (Louisville (quar.) , 25c — Telephone International 5c Quarterly preferred Interior 6-15 6-29 7- 62%c (quar.) Systehl Fire 6-18 $75c 50c partic. "A" (quar.),.^ 4% preferred (quar.) Insiuranceshares Ctfs,, (s-a) 6-20 1 90c Solvents Corp. Commonwealth Investment Co.— Bell Ingersoll 6 20c (quar.) (quar.) —-— Extra 50c Ky.) (quar.) Consolidated Dry Goods (quar.) Consolidated Foods Corp., common Illinois 6-11 $4 Supply (quar.) (quar.) Molybdenum Co (N. 6-15 13c 6- — Ry. r — Co., class A preferred 4V2% 6-11 t50c (s-a>__i_ Trencher Bottling $2.75 6-11 100% investment inc.) Builders Cleveland 6-11 2 2 10c Chicago North Shore System (stock div.) Cincinnati, New Orleans & Texas Pacific Cleveland 2 7- Yorker Portland common 6-15- 1 Co.— 1 $1.37'A ——— (quar.) 7- Ne\fHampshire New., Port (s-a) Sons, 2 7- — Telephone Electric 2 — (quar.), (Harvey), Inc. (F. England 7- Materials— pfd, Cement Brunswick New 7- 15c preferred Hubbell 1 Nazareth 12'Ac 25c (Del.) 7- 25c Refining (quar.) 6-15 $12'Ac (quar.)—^— Hubbard Felt Co., Ltd.— 6-11 6- National Sugar 8-15 50c Ltd from Bearing 6-15- $162 Field Motor 6-15 6- l'Ac 6-30 6-15 25c 6-28 6-18 30c 6-30 6-20 4 Products Little (quar.) Co., & preferred Roos Bros., Inc. Rothmoor Class A Corp., 5% pfd. (quar.)__— (quar.) Co.. Rochester Telephone, 5% , $3.50 (quar.) 3 25C — (initial) A Bearing Inc. (quar.) preferred National 9-15 $1.75 Insurance Ltd., preference 6-13-', (s-a)__ ^ $1.50 6-28 6-20 —_ Fire 2 50c —— Liquidating Houston Oil 6- Grange 6-15 6-0* 6- common ($1.50 Grocers, 6-29 6-30 2 Semi-annual National 6-15-' 6-29 2 and 35 .cents from net National Cranberry Assn._^ National , 7- (s-a) Aviation 7- $1.25 (quar.) — Texas Industries,, preferred 7- 6-11 6-13 7- Ltd; Ogilvie Flour Mills, 40c (quar.) <quar.)_, of W ' 1V2 % Jquar.)_ 6-15 6-15 6-23 56%c Foundation___ 6-30 35c & Shoppes, Houston Oil Co. Co. Oahu 7- 6-0 6-29 30c Northrop Aircraft (quar.)_; $ 12 'A 6-18 (quar.)— com. (initial 6-15 $5c — common Co., Ltd., class Co. 6-15 8 6-26 30c $1.75 2 25c — Co, Co., (initial common 3 8 W.) & 5% National • X 37V2c income)— N <V — quar.) 7- 6-30 6- $4c preferred 7-2 t$l 6-1, 6-11 25c (F. E.) & Bros.- (quar.) Nation-wide Securities Co.— (From net investment 6-11 6- 6-11 15c — Myers 5-31 $1.25 ; — 7% preierred (quar.) Hercules Powder— $1.18% Century Shares Trust 5V<% 1 2 35c — Sugar 6- 12'Ac Transformer Radio 77- 40c (quar.) (quar.) $1.12'A Collins (quar.) _r, common 6- 25c General Hudson Coca-Cola 5 6- 17V2c Works Dairies, Brass Income 6-15 6- 6-20 6-15 $1.25 .7% (initial $1.12'A — Corp., Royal Mutual • 1 • (quar.)^____ 12'Ac - 7-31 $1.08% Climax A 6-15 7- 25c (quar.) 6-15 6-15 (quar.)_ Products (quar.) Chateau-Gai 7-25 8 6-12" 6-18 50c (quar.)_ 53c ——*— (Canada) A 6-15 each Cos. Cold Central 8 — Oil Capital City 8 6- 31 'Ac (quar.)— 6- Ltd. class A dividend) (four-fifths preferred, 6- 15c Printing Co. (quar.) Co. 3 — Canadian (W. F.) 7- 3 6- 6-21 87J/2C (quar.)— Ltd._ Co., $1 'Ac * 7 J50c 6-15 6-15 6-1(3 . 40c quar.) — (quar.) — Wire Co., Ltd. (quar.) 6- $$1.75 6-12 5-25 1 3c — Reclaiming, common Mueller ' preferred New *. l6-29 7- 6-15 6-11 80c (quar.) Ward & Co.— New 1 6-15 — — 27'Ac (quar.) 1 (quar.)— Greening (B.) Griesedieck Co., common.— 5% conv. pfd. (quar.) 6-15 Securities, (stock Co. 3 f75c 6- 35c Ltd. .(quar.)__ 37'Ac 7% 6-30 6-15- 2 — common 3bc (increased class 6- 7- 6-30 7r25t — B 6-15 6% preferred (quar.) Canadian Canners, Ltd. Giant, Class 7- $$1.50 7-25 25c 25c Rubber Stores (Daniel) Green 1 Ltd.— preference (quar.)„ Canada Starch Co., common 6-12 $1.25 (quar.)— 27c Campbell Soup Co. 6-20 50c pfd. & 25c common 8-24 15c — (quar.) '— $ $1.12 '/a preferred (quar.) 5.40% preferred (quar.) ,_j 5'A% preferred (quar.)—_ Canada $$1 7- 1 4 7'Ac * (quar.)_ ~$$1.25 (quar.) Pacific Utilities, 5% 12'Ac $50c — ; preferred California 6-15 7- 9- 15c Mines, Tire Drug Green $1.50 5 25c (quar.) Bros, Goodyear 6-20 7- * Water Chemical 7 6-25 2 t30c — Sugars, Inc.— prior preferred (quar.)—— Goldblatt Gray 6- 66- 7- $20c Mackay Stores, Ltd., class A#-.——a Grand Rapids Varnish '(quar.)— 6-14 6-15 6-25 ' 1 Gordon 6-28 8 35c (quar.) $4.50 6-14 $3 6- Godchaux 6-14 7- 20c I "I preferred non-voting) (quar.) Inc. 6-29 10c (quar.) Mascot 4 75C (quar.)____j preferred Giant 6- 10c — 6-25 lie and preferred Genungs, 20c 1 50c 30c General Telephone Co. of 6-15 30c (quar.) 6-12 6-12 • 7- $1.25 (qaar.)____— Utilities Rubber class Mount 6-12 2 ——• $1.40 a (accum.) 2 7- (quar.) * Bulkley Building, 7% preferred Burgess Battery (quar.) Burnham Corp., common 6% prefened (s-a) Bush Terminal Co. 2 7- 6-15 quar.) (quar.) Canada, Montrose '■? 8- 6-lC« 2 I2V2C — 5-31 7- — $1:25 8 6-30 6- 7- —. (increased Corp., A (quar.) Locomotive 9 62'Ac 1 Securities, Inc.—. Telephone Co. of Ohio— General 8 6- Parts General 6- 5-2A t$1.50 (quar.) (quar.) preferred New 5-31 56'Ac - — (reduced)— 2 37'Ac — com. (quar.) (quar.)__ 5% 6-15 60c (quar.) Electric 7- 35c x_: — preferred General 15% a 6-30 T Industries, 5% to cn 6-14 50c Co. General 6-16 6-22 2 7-25 5-25 ( 5-31 6-26 preferred $7 6-15 7- ,, General 9-12 3 6-22 6-30 6-15 6-27 fl2Vac (increased Montreal 6-11 50c 45c * 5-31* 40c (quar.) 7% 1 50c 6-15 20c (quar.) Brick (quar.)- Montgomery 1 6-20 6-15 (quar.) common- South 4l/a% 1 66- 2% Candy Corp. " 6- 6-11 6-15 6-16 1 (quar.) Monroe Auto Equipment Co., 5% pfd. Monroe Calculating Machine Co. 6-12 6-11 1 7- -$2.50 ' , of Midwest 6-12 6-25 $1.37'A (quar.)_— (increased quar.)— Inc. 6-25 35c , (quar.) Co. Middlesex 8 12c Steel Co." 6- 7- $1.08% preferred Middle 6-11 6-25 6-15 MiCfo-Wbisture Controls, Inc. (stock divid.) Mld-lffexas Telephone Co., 6% pfd. (quar.) 6-11 16c 1 Gamble Bros., 5 6-30 6-29 ' income- 1— (voting . - (quar.) Shops (quar.) (George A.) General 7-11 1 $2 , (quar.)—. (quar.) com. 6-18 1 (quar.)____ Linotype Thermit Inc., 7% 6-15 » 7- 5c Publishing Mfg. (quar.) MetiopolitaVi „ (quar. Cos., Ltd. Fuller Metro, 6-15 6-18 6-15 *' , - Co. Pressed Gabriel 6-18 6- 2 6-15' 1 5-31 5c : Extra * 6-18 7-15 • 10c meeting will Fraser 9 UOc X - Frick Co. 9 2- 2 7- 10c - 3-1-57 7- 25c 1 7- $1.08% ; __; Lumber Publishing Ik Mica 7- 0 $1.25 Corp.__. 7%. preferred 8 2 $1.62'A Wallace, $3 class A Fostoria 8-10 12- Fund— Fund— (quar.)— B, Metal 5 6- Co; (quar.)—— Co. (stock dividend)—. (quar.) 5-23 9-4 J 5c & Class 6-30 40c Corp. Bake Forbes 6-14 1 6- 7- A* 6- — preferred Mergenthaler 5-25 6-15 6- 6-20 Extra 6-28 6-28 $1.75 Ry.—r (accum.) Ferry Cap 81 Set Screw Fidelity Fund, Inc. 6-14 8- 2 7-16 .. 6-15 ^ Aircraft . 6-15 3'/2C ; Co common River McKinney 1!, 7-16 (quar.) preference A (quar.)_. preferred B-(quar.)_ Federal 6-15 , 7- 5c com. ____ annual directors' stock 6-25 40c ___ on 6-14 J28%c — Brown-Forman Distillers Corp., ; 4 % preferred (quar.) held 2 35c (quar.). (quar.) (quar.) Stockholders 6-29 7- 6- $35c 25c 4J/a% 5% 6- 6-15 Co. 6-15 : 15c Co.-(quar.) McGraw-Hill 6-18 35c Farrel-Birmingham 7-16 33c common partic. McCloud McDonnell Meredith 12'Ac — (quar.) (quar.) Family Finance Corp., common 5 56'Ac (quar.). Co., preference t$1.75 62'Ac preferred ; (quar.i_: (T. G.) & Co., Ltd.— be 34%c t$1.50 Extra , Co. Ltd. (quar.)— 8 40c investment Gas Bearing 87'Ac common Natural Fafnir 15c (quar.).. Brass, Paso Ex-Cell-O 60c common.. (quar.) 7- 2 4'Ac (quar,) Street A net Empire Petroleum Exolon 25c $6 8 50c Corp. Stock Electric Auto-Lite .■ 6-15 J25c ... Asphalt Maxwell, ijta., 8 6- Mastic r. common. 6-15 15c _____ Co. 3'A% preferred Brazilian Traction ■ 66- • $17'Ac preferred (quar.)..— Regisoer Co., -5V2% • pfd. 6-15 15c (quar.) Corp. (quar.) B 2 2 tl7'/2c (quar.) Borg-Wamer 5% Co., ____; !_ Black-Clawson Brinks, Class Egry 1 $1.12% (quar.) 6-18 from net investment income(Thomas A),<;Inc., class A common— 2 $1 ____■ pfd. from 7- 20c , _ Common: Bright 6-12 6- 25c .____ 3 6-29 $2 — common common Howard 7- 62'/ac — ^ 7% , Bridgeport V • r 6-30 25% 6V2% 1 15c Inc.:. , . ;> Common Bridgeport 2 & Edison .; / 8 $1.07 (quar,;——-— preference 7- > 8 6- preferred .(quar.)— Massachusetts Quarterly com¬ - 6- Elec. 6-11 2 . (quar.)__Si. & 6-16 6-30 2c (quar.) (quar.)_ F Gas 7- 6-30 * $1.06V* pfd. B preferred Mfg. Co. ' (Glenn L.) 6-15 - (quar.)_ Investment 6-11 18c 4.35% Angeles 6-11 2 27c E Martin Laboratories— Co., 40c ___ 6-30 62'Ac iquar.) International .$1 .» Co., Ltd., B.) $1.12Va — Industries, Belknap Hardware class 7- 6-15 > 8 6-30 D 2 7- 6-28 18%c preferred Marion 8 6- preferred Madison 5-31 6- Quarterly El .7- 10c —-JLLLJ : dividend);--— (quar.)_i— Glass 1st Eaton . (quar.) Belding-Corticelli, Biltmore 1 25c (quar.)__ 2 6-30 6-30 Stock Eaton & Howard Balanced , 1 8- Cr-eatri preierred 6% * 5 j- (quar.) Mfg. Co., common.4'A% preferred (quar.)- 4'A % 6- 7- split)__ — Bates 5.28% 6-20 7-31 6J/4C (quar.) Furniture 7- $1.14 (quar.), (quar.) A (quar.)— 4.35% Los - 1 7- $1 J5c ———— ■ 92'Ac — 62»/2c Match 4»4% 6- 6 meeting 1 Long Island Lighting Co., 5% ? - (quar.) Fund— investment income———— (A. Eastern of Eastian-Blessing 6% 15c < . preferred- (quar.) Canada, Ltd.— 7% preference ? (s-a) Barber Oil Corp., (quar. Blue 6-15 - 6JAc __ 3-for-l _ 6-12 40c 6-15 " - Growth Power 7% 6-15 7- (quar.)__ convertible Barber-Ellis 3 —. convertible Dunhill 6-23 (quar.)— after 7- $1 (stock 6-11 12 V2c ' Electric, 4'A %, preferred $1 5% 6-15 , __• (accum.) iquar.)_.:_. & 7'Ac ——— Lion ' preferred Mont Du Machines, Inc.— Wilcox— 6-15 (quar.) Draper Corpr (quar.)— 6-12 tlOc preferred 1 Dragon Cement 8 pfd.' (quar.), 4%x preferred C (quar.l„iit_-__— Bankline Oil l payment omitted on the mon stock at this time) ,; > .■ Bassett 7% 6-15 6-22 Ice Dominion 8 6- 6-22 35c — prior-preferred Hill Baltimore 5'A% Dixie - 7 6-30 50c , .__ 3 com..»(initial Baldwin Diversified . & New & prior 5%. 7- $1.05 (quar.)—: Lines, Inc. 'From net 6-15 2 7- « 10c - 5% New Air Duke Corp $ 1.12'A 5 6-8' 6-2Q, £ (quar.) ■ 6-15 preferred .(quar.)— Semi-annual 1 (quar.) Plywood 1 common common Co. 6-20. 35c - preferred . 20c Ltd., class A Extra 6- 7- Gas, Holder* Payable of Bee. 25c Lexington Funds, Inc.— -» Lexington Venture Fund Shares (Initial quarterly from net investment income) Lindsay Chemical Co., 7% pid. (quar.) 6-11 6-15 company (quar.)—Mines, Ltd. (s-a)__^ 4.32% 6-20 2 at preferred Luz Lau Blower 12-14 ■ 12'Ac — 6-12 UOc Class 7- 25c : Rfo Grande & Western RR. Detroit, Hillsdale & South Western RR. Co.— 6-21- . 50c ___ Atlas (quar;) 6-30 45c Denver - 8 7- —_— Arvin Atlantic Wholesalers • 6-30: 6-30 (quar.) Corp.,*-4% 1 -1-57 2% May 31) Co., Inc., Laclede 6-14 payment When Share — on 4% La 6-14 2 $2.50 common 4.28%. preferred Delta 8b 6- 7-10 A6-29 , $1.50 _ Arundel Greyhound 4.20% 1 6- - 60c (quar.)— com. (initial after 50% Corp. (quar.)_. ^ Industries -(quar.)-AAtlantic Co. (quar.)_ 2 4%• preferred. (quar;)^__ , 6-20 2 $1.50 —i—- New 6 7- 7- Delaware, ^Lackawanna •& Western RR.— Stock dividend (Two of New York, Chicago v 8i St. Louis RR. common stock for each 6-12 ; 6-16 7- 6-14 6-12 6-29 7^ fee 50c • — r Co. held 6-22 7- common Koppers 8 50c 33Vb shares held) Delaware Power & Light, 3.70% pfd. 4.56% preferred (quar.)_^,_T^ 6-15; ' m: 6-30 v $1.50 , \ Smelting Atlantic - 5-28 6-29 '•< 37 %c (quaf.)_4__. preferred (quar.) Art Metal Construction— , 8 , Engine Clothing, 6- $2.50 (stock dividend)__ Corp.! (quar.)^ preferred (quar.)—=—— Decker Mfg. (quar.)—— -j 6-15 12'Ac - 4Va% * (quar.) Products 6- 1 $3.75 common 6% 1 6- £5C . (quar.)- - (quar.)_.--«. Tobacco, 7- 6-28 (quar;)_——-r-~ Co., preferred 8 7- .—a-— par) common Machine & Metals 6- 12 %C (qua,**-)-—3 par) & 7-- 1 30C Securities.-^--($10 8 $1.12% preferred •(quar.)._-__--__— American '.* Telegraph com. 6- 6-15 1 6-22 — , (quar.K------—-—v District 1 43%C - ______ Co.,.' 7% preferred 4qnar.)___ Crystal Sugar, common (quar.)_^-_ American Curlee > American Can American . . 8 A 8 25c — (initial quar.)- com. Cummins 6- 1 7- 50c' (s-a) -p_—•. 6- 7- on 5 Manufacturing Zellerbach 8 6- 2% 1 ) - : - Jnc. (quar.)_nKeystone Portland Cement Co.-(quar.)— Kingsburg Cotton Oil (no action was taken 5 $ 1.37'A preierred Crown 8 6-15 Per Company Kennametal, 5-28 6- (quar.) (s-a) 20c > (quar.)— Laboratories, common preferred Crgmpton 6-15 ' ' Name of 8 6- -• 1 6-15 dividend) 5% . t 6-15 , 60c (quar.) ' (Del.), 6- 75C (quar.) (stock ' 6- 7-16 $1.50 Cooper-Jarrett, Inc. (quar.) Craddock-Terry Shoe, com., (s-a), Payable of Bee. 10c Alden's, Baking preferred Coffee 7-16 J15c : $1.25 5% casualty & Surety Co. (quar.); Lite Insurance Co. (quar.)^_. Aetna - J40c - — $5.50 to inc.* Corp. (quar.) Extra Cooke Holdert When Share Inc. Addressograph^Multigraph - - ,_vaa. , Consolidated Naval Stores (quar.) Consolidated Rendering (quar.) Per Holder% Payable of Reo- Ltd.— nounced during the current week.* Then we follow witha second table in which we show the payments previ¬ ^ When Share t Consolidated Paper Corp. increased (quar.) - Ltd com. (quar.) (quar.) t25c 25c — $1-25 (quar.) com. ® (reduced) (reduced) Roxy Theatre, Inc., 10c 5c $1.50 pfd. (quar.) 37'/2c b 3 6- 1 1 / ** Financial Chronicle The Commercial and 16 . Monday, June 4, 1956 . . (2656) St. 2 6-15 6-12 35c 6-15 6- 50c 7- 1 6-12 91 'Ac 9- 1 8-14 22 %c 6-15 6- 5 $1.02% 6-15 6- 5 Manufacturing Co., Com. (quar.)— (quar.)___ Brook Water Service- Scovilie preferred $3.65 (quar.) Common — preferred (quar.) Scruggs-Vandervoort-Bamey, Inc.— (quar.) Common - American 15c 7- 1 1 (quarj Extra, 6-21 6- 6-5 5-3 receipts ——i Smith Engineering Works (quar.)Smith (Howard) Paper Mills, Ltd.— $2 preferred (quar.)——_ —---— Snyder Tool & Engineering Co. (quar.) "Stock dividend j.——--4— South Jersey Gas (increased quar.) Southern Canada Power Co., Ltd.— Partic. preferred (quar.) — — Southern Union Gas, com. qquar.) SI conv. pref. (quar.) _______------—— 4%% preferred (quar.) — 4%% preferred (quar.) —— 1 5-23 20c B Chemical Brewers Sterling 28c 6% — 3 6- 8 6-15 6- 7 American 6-15 6- 5 American 2 7- 2 5 % 6-15 6-15 American 6- 8 American National 6- 5 American National 6-15 15c 6- 5 New 6-15 6- 5 Common 6-15 1% 6- 5 7- 6-20 American 6-20 American 1 1 7- —-— 10c 6- G-29 Rogers, Westmoreland, tion on 6- 4 6-11 6- 4 25c 6-20 6-10 25c 6-20 6- 31'Ac 6- 2 5 American American 7% 5 35c 6-30 6- 7-16 6-20 Class $1.05 7-16 6-20 8 Class Si—builuing, $1.02% 7-16 6-20 7- 2 6-15 75C 7- 2 6- $1.25 —. (quar.)— — 25c — 7- 6- 2 New 8 8 American Thread 8 American Tobacco 6- 6-15 the Per Laboratories, Share Vitrified Paper (quar.) Zinc, Lead & Smelting (quar.) 4%% preferred 5% Metal & — . Aluminum 4.50% 6% i30c 7- Ltd., Steel Co. RR., pre'vrred preferred common Stores, Allis-Chalmers conv. 4.80% com. («-a) (Alan) Co. (quar.) Amalgamated 6% 5-18 New class A 5-21 New class B 6-20 5-21 2 8 15 Asbestos 7- 2 8-15 Ashdown 6- 4 5-18 Class 6- 7 1 6- 7 6-30 6- 8 7- 6-15 1 5c 2 6-15 6- 1 13 3A C 75c 6-15 6- 6- 5-11 8 4 Ashland Oil Stock & Associated Motion 6-25 6- 6- 5 5-18 Assoc'atfeS 6- 5 5-18 Atlantic Coast 183/4c 7- 1 6-22 Atlantic 9 5-15 5 6-10 5-18 93 3A c 7- 1 6-15 30c 7- 2 6-15 Cos.— preferred (quar.) 75c 7- 2 6-15 (quar— 4-10 4-10 6-15 5-25 7- 2 6- 7- 2 $4 partic. Associated 6% class 2 6-11 7- 2 •' 1 ",!l * 6- 8 preferred 7- 1 5-31 6- 1 5-10 4 6-15 6- 8 Line Coast Co. Line (Conn.) RR., com. 30c Atlantic Refining Co., com. 7- Atlas City Corp. Electric (quar.) Atlas Powder Co. (quar— : 6-12 6- 7- 2 6-15 ' $1.75 7- 2 6- 1 6-20 7- 1 6-20 1 1 6-11 5-25 6-29 6-14 1 6-15 7- 35c 6-22 6- 1 S1.183A 6-12 6- 1 $1.06% 7- 4 6-29 —_ (quar.) 1 1 6- 5-11 15c 25c 6-15 6-11 5-14 6-29 6-15 6-15 1 25c 6-14 6- 5 7- 2 6-15 7- 2 6-13 ; 5-31 6-30 $1.25 6-29 $1.25 9-28 9-14 12-28 12-14 $3 6-15 6-15 6- 1 6- 9 6- 6 7- 2 6- 8 m.12% 7- 1 $$1.12% 10- 1 * 6-15 5-31 7- 2 6-15 7- 2 6-15 7- 2 6-15 5 5-11 7 new com. 6-15 30c 6-11 5-25 6- 5-14 (increased) 5-25 Electric, 5% preferred 7- 9 6-25 7- 9 6-25 5-10 $30c 6-15 6- 1 $25c 7- 3 6- 1 6-11 5- 3 3 6- 7 $51.19 6-°9 6-11 6-29 6- 8 7- 1 6-10 1 6-10 6-15 5-14 6-15' 5-14 5-25 (quar.) 25c 2 6-15 6- 5-15 1 Oil Company, Buffalo Co., common _____——— Co. (quar.)—— 5-14 5-14 50c 6-15 5 21 Inc., 4% Burlington Mfg. Co. Copper T & Financial California 6-29 California 6-14 Calumet 6-20 5-24 5-25 $4.75 & 7- 1 6- 8 15c 7- 1 6- 8 7- 1 6- 8 15c 6-11 5-21 5-25 6-15 6- $1.25 7- 1 6-20 20c 6- 9 6- 1 1 6-23 6-18 6-15 5-25 7- 2 6-12 6- 6 5-22 6-11 6- 1 6-11 6- 1 6-30 6- a 10% $1 8- 7-12 1 6-25 7- 6- 4 6-15 3 10- 10-30 * $llc Ltd., class A——-n_: 7%c 6-15 5-31 6-15 6- 1 7% pfd. (s-a)__ 6-29 6-11 $$3.50 7-30 6-30 1 6-11 7-16 6-15 60c Service A 6-22 25 c 1 (quar.) Inc., 5-15 7-20 15c (quar.)————— & Sons (quar.) Zinc Hecla, 6-15 25c Water preferred 6-11 7-10 6-15 $15c preferred (quar.) Ink (quar.) Packing Corp. (stock 7-16 15c 62 %c $25c $50c Power Ltd. (initial) California Electric Power Co.— $2.50 6-18 — Butterfly Hosiery Co., Ltd.. I 5-14 1 20c (quar.) Burroughs Corp. Burroughs (J. P.) Bush 3 30c (quar.) Dock, Dry —— Ltd Steel, & Co.. Ltd. 8- 1 6-11 7 77- 95c' * 30c ————— preferred (quar.) Co. 30c 60c 6- 36c — Watch $1.25 60c 3 — Calgary 6-12 7- 50c (quar.) Co. Bvllocks, Bulova C 6-12 $53c 5c (quar.) dividend Stock Bullard 7 30c common Eclipse 6- (quar.) 50c (quar—50c 7 (quar.) Co. Bucyrus-Erie 5-31 8 7 6- 25c — Buckeye Pipe Line— Butte 1 6- 3 25c — Chucking Grinder Creek Burns 6-15 6- 3 7%c (quar.)_ preferred (quar.) Burrard 6-11 3 7- 7- Glass, common (quar.) — trust certificates (quar.)——.— preferred (quar.) — Brooklyn Borough Gas, common (quar.) 5% Budd 7- 7- $56c $S1 Voting Bigelow 7- $63c Brock way Buck 2 5-23 10% Bryant 7- 7-13 78c Ltd.— (quar.) Mfg. 1 933Ac preferred (quar.)_ —— 4 'A % preferred (quar.)—_——— British Petroleum Co., Ltd., ordinary (final) Brockton Taunton Gas, $3.80 pfd. (quar.)— $5 5-25 Tobacco— Brunswick-Balke-Collender 8 • — common 4% Brunner 7 6-20 30c 40c (initial) (quar.) preferred (quar.) & 7 6- 6-20 1% — preferred Brown 6-18 9-16 6- 30c 4%%> 2 6- $1 —— Columbia 43/4%- 5-21 7- l 6-15 15c preferred British 5-31 6-15 6- 6-15 7%% 6-15 6- 5-21 ; 2 (quar.) & Sons British-American 31c 1 7- (s-ai__ 5-31 7- 6-15 $1.37% $1.25 — — (quar.) British Aluminum Co., Ltd British American Bank Note, Ltd British American Oil Co., Ltd. (inc. quar.)_ 9 7- 5-21 6-11 $2.50 — Rubber, 6% pfd. (s-a) dividend 33/4% 6- 5- 6-15 6-11 87 %c — Bristol Brass 5 8 6-30 6-18 20c pfd. 1 Bristol-Myers Co., 6- 6- •6-16 50c preferred Briggs & Stiatton Corp., 6-28 6-15 5-28 6-30 ' preferred (quar.) preferred (quar.)— (C.) & Co., Ltd %% Stock 6-18 7-26 6- 6-15 50c : 5% RR., Water Brook Brewer 6-18 6-20 5-16 25c 50c (quar.) preferred (E. J.) 6-15 6-30 — (quar.)— (quar.) (quar.) Club Maine & 2 6-15 62 %c 75c ^ — (quar.) common preferred prior 4%% 6-29 7- Co., preferred 6-27 6 ~C.) Atchison, 5% 1 1 5-31 30c — (increased) California Atlantic 66- 6-15 Brantford Cordage Ltd.— 7-13 Topeka & Santa Fe Ry.^— non-cum. preferred (quar.) 5 6-15 8 —_— Borg-Warner Corp., 3%% Boston & Albany RR.— Brach 2%% (quar.) 5-10 25c (H. Bound 6-15 60c 6-14 5-30 $1.50 (quar.)—;— Co. Boston Woven Hose & 6- $150 7-16 7- . — —— —; 5 % (interim) . 6- 50C quar.)__— (quar.) (North Carolina) 5% 5-14 (accum.): 1 6-15 50c ■ common Stores 6-11 6-15 InvpsTpert 6-15 1 30c Aluminum & Brass Boston 7-10 Inc.— Transport, convertible 7- 15c Book-of-the-Month 5-14 (quar.) A 5-25 6- — (quar.)— Bond 6-11 7- 5-29 45c $1.50 $1 5-24 6-22 6-25 6-15 — Airplane 5%% 6-15 Industries 1 15c — (increased Bohn Industries, Ltd.— Picture 6-11 20c — (quar.) (quar.)——& Electric Co.— preferred Bohack 5-11 Mfg common 1 1 $1.25 37%c Spring Corp. (quar.) Associated Tel. & Tel., common 6-30 6- (increased) Associated 7-20 6- com. reoejnts ordinary dep. 6-15 t60c 88- 6-28 2% Electrical Associated $1.02 (quar.) Refining, dividend preferred (quar.) $1.50 preferred (quar.) 6-11 5% (quar.) Tobacco, Quarterly 6-26 tl5c J 18c 25c 3 3 *50c (increased quar.) Laughlin— Boeing 5-15 12%c t25c uuar— $5 6-29 37 %c — (quar.) 6-15 1 1 5-29 25c 25c quar.) quar.) (quar.) B $1 (quar.) A 6-29 81'Ac 1 6- Hardware Co., Ltd.— H.) 100% Leather convertible (J. 75c (quar.) 6- 6-15 6- Ltd Corp., 37 %c (quar.) (initial (initial Constable Arnold 7- American (auar.) com. C'v of America, Goods 5 6-20 7- 6-14 8 outstanding at the present time) 6- $4 25c (quar.) preferred $3.75 preferred 5-18 7- 7- 40c Cement, common Mfg. Co. Bros. 6% 4 $1.16'A $1.18 $1.08 22%c 6- *25c Blue Ridge Insurance 6- 60c 6-15 7- 5-11 5 Class 5 $1.75 6- 6- 93%c (quar.) $3.75 preferred Rubber, 2 40c (stock dividend) common _ 7- 25c ____ 6-15 A com. & Class B com. (stock div.) <1% shs. of new stock for each sh. Class A and Class B shares Class (quar.) (quar.) ^ 6- Co.) (quar.) — steel Armco 2oc Ga.s —jar.) Mfg. Co., 75c conv. pfd. (quar.) Alpha Portland Cement Aluminium, Ltd. (increased quar.) Aluminum Armstrong 1 $1.05 Allison Steel Alum'num Armstrong Cork, 5-31 6- $4 (s-a)__ (initial quar.) preferred 5-18 6-15 Corp.— Dye Mfg., 6-22 6-30 & Bloch <pf the (quar.) $1.12% (quar.) (quar.) & 6-11 (quar.) Arkansas Western Gas 45c (quar— Pictures preferred 37 %c Bliss 6-22 5% 4.32% 5-25 1 Service Public Missouri (quar.) Arkansas Power & Light, 4.72%' pfd. 7-13 1 (quar—_ preferred $1.15 Steel Allied Products Corp. 3V5» % — com. approval Commissions) 4.65% 1 (Wr.tertown, (quar.) Industries 8- and 15c (quar.) pd. (quar.) Natural common Artists 5-21 Co., to 40c (See Wcocl Allied 6-11 Arkansas 6- 25c Gas (Subject 25c Co. (quar.) Ludlum 3 6-15 Louisiana, divid. 6-12 27 %c (quar.)_ (quar.) Soutnern preferred Stock 50c common Allen Allied com. 1 inc.— preferred Allen Electric & Equipment New (qvar.) 1S1.25 Insurance Chemical Oil Fuel 6-31 25c .___ (quar.) Corp. 6-11 (quar.)_ preferred 5%% Oil Arkansas 3 _ Products, Allied Argo 1 7- parflcip*t'ng 7% 6- (quar.) U2%c Engineering Great Allegheny 1 A Arkansas Alabama Tennessee Alco 7- class Arkansas-Missouri Power preferred 1951 series Alan Wood Anvil 5-31 Alabama Power Co., 4.20% 4.60% 6-1 5-15 (quar,)—. Alabama 1 6- Process Y) 7- 6-11 Express Standard Reduction, 137 %c (quar.) 6-11 50c (quar.)— preferred Blaw-Knox 6-15 $15c 7%c — 6-15 (quar.) Aetna N. Anheuser-Busch 6-15 Alloys, Co. Agricultural Angostura-Wuppermann 7 $1 convertible Adams Air 7 6- ___ Acme Acushnet 6- 2 5-31 4 5 30c 2 7- Brand, 66- Ltd.— - 31'Ac (quar.) Sugar Refineries, (quar.) A preferred Wire Development, Anglo-Newfoundland Quarterly 7- 6-11 (initial) 6-27 5-25 3% of & 6-27 6 25c 6-25 15c 30c $0.3719 $25c quar.) convertible preferred Ltd. (s-a) % Anglo-Huronian, 62 %c (quar.i— 5% $1.10 4 'A (initial common 45c 5c common (quar.) Acadia-Atlantic Acme (quar.)_ Producls, common preferred $1.20 class Payable of Rec. (rniai\)_- 6 7- 6-13 7- preferred $4.75 Oil— (quar.)__— preferred A C F Industries, 5% Holders Casualty 128'/a c (quar.) Abitibi Power & Paper Co., Ltd., com. (quar.) Abrasive When — Anderson-Prichard New (s-a) __ 7- Blackstone Valley Gas $1 Writing Anchor 50c $1.25 $1.75 * 22 %c $2.25 12%c $1 30c 6-22 17 %C (s-a) — Sivails & Bryson, corhnlon Black, 20c 25c $2.25 (quar.) (quar—_ common Co. 6-11 25c Products Glass, $1 (quar.) com. preferred (s-a)„ Window Amoskeag Co.. $4.50 preferred preceding table. conv. (quar.)__ preferred 5% (quar.)— American Corp.) The list does not include divi¬ dends announced this week, these being given in the 4% Telegraph & Co., American I weeks and not yet paid. Abbott ,___ American proposed Name of Company <quar— common (initial-quar.) common American Telephone 6-20 6-30 (quar.) Refining, preferred (quar.) American Surety (NY)— ac¬ pending Co. Stores Sugar 60c (quar.) 7% 8 American dividend the on 40c Foundries 2 *35c 1 25c 25c (quar.)—, American Steel 30c (Indianapolis)— (quar.) B (quar.) 6- common.— (annual) Insurance States A (quar.) (quar.) preferred American Y.) (N. 7- 6-15 *25c (quar.) —— Decker & 4.25% (quar.) 5-31 25c 25c Blackhawk-Perry 6-15 35c 25c 30c 10c 30c $1 $7 Razor,- Safety American Seating 1 $1.12% $1.10 Wool Rock American 6- 6-20 & (quar.)__ Re-insurance 5-15 1 Radiator Common 6-15 6-15 " IOC —. class A Electric Birtman 6-11 American 2 1 %% — Inc. (stock div.) (increased quar.). Limestone Mfg. Co. Black 9-10 give the dividends announced in previous we 6-15 12-10 Anaconda Below 6-15 6-29 9-20 American with Borg Warner merger 6-29 6-20 American 6-15 7- 25C 12-20 American approval 6-15 $1.25 6-11 (company delayed its common stock stockholders 6-29 $1.25 $1.25 (quar.) (quar.) standard Sanitary- 6-15 2 62 %c — (quar.) — .—— Bethlehem Steel, 1% preferred (quar.)-;—._ Ltd.— (quar.) 1 7- 7%c (quar.) preferred 4% preferred 6-15 1— (quar.)—— Publishing Corp. 6-15 6-15 ' 7- 2 held) Paper, 1 5-31 7- - 6-15 6-30 *80c 6- $1 (quar.) Co. 6-11 6-15 2% 26c (special Corp. Bessemer 8 6- 2 Bibb • 6-11 2 65C —— —— Beryllium Corp. 12-10 6-20 7- 25c 25c $1 quar.) (initial quar.) 2 7- $1.43% — - Telephone Bergstrom preferred 1 (quar.) Mfg. 9-10 preferred 2 Cement 9-28 non-cumulative 7- (quar.) common preferred Whitehall 9 non-cumulative 7- Cos. 6- non-cumulative (increased quar.)—— (quar.) — Inc. 1 6-29 1 5% 6-30 Massachusetts Western Wheeling Steel, 6- 5% 20c Stores Department 6- 6-I0 5% 55c pfd. (quar.) Utilities Co., 4.40% Texas 6-15 12-28 7- — Canada (quar.) stock div.) Stock dividend (one share of Automatic Washer Co, common stock for each 20 Bell Bellanca 5 • . 4%% pfd. (quar.)—. preferred (quar.)—— — preferred (quar.)_ — ..—_ 4.10% 6-15 20c West Penn Power Co., Western 6-15 6-30 5-31 6-15 4.20% 6-30 7 6-11 25c (quar.) Aircraft Bell 20c — Co. 8-21 6- 7- Electric 9- *7-2 2 " Hemingway Co. (quar.) Belgium Stores, Ltd., 5% p+d. (quar.) 6-15 2 35c Penn 6-21 1 — Belding 6-15 22 %c West 6-30 6- 7-20 7- 7.. Distillers Packing, ; $1 Instruments, Beecn-Nut 6-18 6-30 45c , !_— pfd. preferred Beckman 6-15 i—— (quar.)——.—4 (quar.) 6-30 6-21 » $1.75 Counselors $1.40 5-25 5-25 25c :— common (annual)— Co. 8 9 7- 6- Gas $1.75 6- 6- 10c 6-15 Mfg. 5-25 6-15 50c Ohio 6-15 8-27 6 60c '• (quar.) (quar.)— <quar.)_. —— Ties 5-21 7- $1.06 (quar.)_ Beaver Lumber Co., Ltd., class A 50c -— ——————— West (quar.) Chemical— preferred American 1 6-11 7- 40c 50c __ Co. (quar.)— President Lines, 9-17 10c —: (quar.)——-—,— B.) shares (initial A 6-15 $1 Corp. of Amer. dividend Beauty 6-29 Oil & Snowdrift-————.—- Wesson class $4 9-28 12-31 $1 common Brummel 1 1 6-29 10-15 Works (J. Stock — J. (quar—__— & , Beau 25c Vanity Fair Mills (reduced)——————Victor Equipment Co. (quar.)— Ward Industries Corp., $1.25 Pfd. (quar.)— Waterloo Optical Potash common 5-18 66- 1-15-57 $1.50 Associates, Inc., 5% Beam 4 6- 2%c 2%c (s-a)— Texas) — Co. 6-30 5 6-15 6-19 2%c pfd. $6 (Galv. — New 8 Insur. — New (From net in¬ Finance, (initial) News 7- 6-11 ■> .7-13 (quar.)—— •,4% preferred Bayuk Cigars •6-15 "6-11 2 6-15 & Sons—. preferred 7- 6-15 (quar.)— ,— — Bausch & Lomb Optical, common (quar.) — 5-21 6-20 Inc., 1. 6-30 $1.50 .Stock dividend ~4— Barber-Ellis of Canada, Ltd. Iron 7* $1.50 preferred 53/4% 1 $1 4% Bath "8- • 25c ;4'/4% preferred (quar.)_ Bank Building & Equipment Basic, 9 5c 7% 50c $3 (quar.) com. (quar.) — Common 8 1 6- 1%% Aroostook RR. (resumed quar.) — Hydro-Electric, common (quar.)^— preferred (quar.)— ———— Bangor 1 '6- 183/4C — & Bangor 8-31 11-30 $1.12% 37%c 27 %c —— common American Corp.— 9-15 12-15 50c 10c 25c 50c (quar.) pfd. Co., preferred Meter 6-15 6-15 133/4C (quar.) Bancroft (Joseph) 5-31 e-15' $1.31 % —„—____—.4'- Products Metal non-cum. 4 6- 6-15 — preferred (quar.). preferred (quar.). 4%, non-cum. 4% — RR. Ohio & Baltimore of Illinois— Ltd., 4%% convertible % 6-15 20c 10c — (quar.) Metal Co., 8c 1% income) & preferred 7% 9 7- V 30c — Corp (quar.) American Laundry Machinery (quar.)—.— American Ldcker, class A7 (quar.) American Machine & Foundry (quar.) American Maize-Products, common (quar— 6-29 5-22 1 7- 6% Beacon preferred prior 6- 6-15 6% - , (quar.) American Investment Co. 7-13 6'Ac : — -—.J— 2"m J6*'8 class A (quar.)__ partic. preference (quar.) (quar.)— (quar,),_; — Utah Oil Refining (quar.)_„_—— Waters — (quar.). (Texas) 7- 6-26 1 6- 6-15 5% (quar.)_. (quar.)_. (quar.) preferred preferred preferred 6% 1 8 6- 6-14 31'Ac 20c 6- 6- 6-15 2 Insulator +$1.75 6-15 6-22 7- International 6-9 6-20 6-30 6-14 5-31 6-25 25c Paper Mills. P.ano, common. Badger Baldwin 1 American 6-26 <• 1 American 20c 4 6- 2 6- 8 6-15 7- (B. 6-30 6-11 4c — (stock dividend) T.) (quar.)— Co. F. S. Babbitt 6-14 Indemnity 10c (quar.)_. A common Class B. 6- 8 6-15 4 8 6- 6-25 4 6- 2 6- 6-25 1 6- 9 2 25c 6- 2 6-15 5-25 6-22 1 20c * B/G Foods, common 7- 2 17 %C 6-15 6-29 5-18 * 2 20c Voting dividend Stock 7- Inc.— 5-23 6- 7- 5'/4% 5-23 6-11 6- — Derrick & 7- 6-15 6-11 1 15c 6-27 4 5 1- Semi-annual - 66- (6-18 v 6-15 40c non-cumulative preferred Machine (quar.)— Axe-Hougbton Stock Fund (from income)-. Ayshire Colieries (quar.) 6- American 7- 7-3 6-14 6-15 Holder* i 6U5 7 32 %c non-voting 30c Automatic 6- 30c Hotel York American 133/+C Non-cum. World 8 6 30c Home Products (increased monthly)-30c .i—l—————_——— ■ "'.50c Hospital Supply (quar.), -. y. 30c Extra 6- 6 6- 6- A —— American 6-15 15c U. S. Glass Co. $5 6-15 5 6- 2 6-14 Hoist 6-29 2 30c 30c Class B American Inc.— Pacific Common , 1 77- 15c —— class Ltd., common Products, Steel Automatic 5-17, (quar.) (quai— Electric Greetings, 7- $2 dividend Funds, 4 6- 6-15 1 7- 6-15 6-15 American 6-14 6-15 50% American 6-20 8c preferred vestment West 6-20 7-1 7- When Payable of. Rec. Share • $17%c Au^oitratiC canteen Co. of America Automatic Fire Alarm (quar.) 8 5-10 31'Ac . United Income Fund Shares Van 7-10 7-10 6- 6-22 5-29 & _ *12 %c 5-10 Gas . . 6-15 6-10 20c 25c 50c (quar.)—. Power Products Corp. Electric Service Co., Auto 6-16 1 6-11 Foreign dividend 6-15 7- 20c 20c 20c — ——— General Insurance (Texas) (quar.) > Stock 2 7- 6-14 American 1 5-31 35c preferred (quar.) Utah 6- (quar.) B United 6-15 . dividend Stock United Forest 130c (quar.) Utilities Co., 5%% & American 1:50c —- common United Cities Class American 1 25c Paper (quar.) Stock 1 ——— (quar.)__ preferred 1 66- 7- .>■ Per f { ' j ■ Quarterly 6- 6-15 lc $1.50 ._ ————— 6-15 15c ——————— Union Eag & Quarterly Quarterly $15c & Construction- Inc., 'M, 5%% 1 $1.25 preferred (quar.)——— —. — Transcon Lines, common (quar.) Common voting trust certificates (quar.) Tuckett Tobacco, 7% preferred (quar.) U-Tote 1 6- (quar——— : Casualty (Orlando)— & $1.18% 5% Tyler Refrigeration 6- 6-15 — common (quar.)— Common Fire $1.12% (quar.) — conv. Tishman Realty 6-15 25c (qr.ar—— Corp. preferred American 6-20 7-16 50c preferred • (quar.) 5% non-con v. pfd. B (quar.)— 300 Adams Building-—: 5% American 25c (quar.)—.. Markets, American 6-11 +$1.50 —— Ltd., common ————-— 4% preference (quar.)—— Tappan Stove ———■ Thorofare 6-15 6-29 6% (G.) Tamblyn 6-29 35C (quar.)—— inc. Products (quar.) Stecher-Traung L.tnograph Corp. 10c 12 %c 40c 37 %c 25c An.erican Enka 5% —— — American 6-15 25c 25c 62'/2c 93%c 87 %c (quar.)— common (accum.L—.—.— Electronics 6-29 6-29 6-15 (quar.)———— Co., preferred 7-31 $1.06'A 25.C f"—■' (quar.) >—-— export Lines-—————:—— Felt Co., common (quar— Partic. (quar.) Stanley Home 1 6- — preferred C (quar.) 3V2 % preferred D (quar.)— American Elec. Securities— 10c preferred (quar.) —.——— 5% preferred (quar.) Speer Carbon Co.-—--—-——— Standard Radio, Ltd., class A (quar.) Class 6-15 50c 62 %c 3%% 450c 4% % Standard-Tocn 6- 25c Co.+—, (T. L.) 75c 40c — (quar.) Colortype Cyanamid American deposit American 25c (quar.) y—...—— — American 7 30c $0.0139 Singer Mfg.— Co. Chicle American Simplicity Smith Barge Chain 6-19 (initial)—— common (quar.) Line (quar.) & Cable (quar.) '■ ■ of Company Name Payable of Rec. 35c $1.25 75c 5c $0.0684 common—.— Holders When Per Share preferred Note, Bank preferred American 6-19 7- Corp., Alloys converllule 6% 6% $1.12% ——— __— series A preferred Pattern $4.50 4 American — 1 . Amalgamated Sugar (quar.) -a— American Aggregates,- 5% pfd.—quar.) —— American Agricultural Chemical—,—-—— American Scranton-Spi Ing 4.10% Name of Company of Rec. 6-30 7- 5c Public Service, class' A—<——— Louis When Payable 1:20c Co. (reduced)—_ ——— Russell Industries, Ltd —— <F. C.) Russell , Holders Per Share Name 0/ Company (quar.) 6-15 62c 7- 25c 6-15 6- 10% div.) 1 6-26 5-28 55c (quar.) common 7- 7- 20c 6-29 $1.18% 6-29 G- 2 5 8 — (quar.) (Continued on page 50) .. 6-11 6-11 Volume Number 5539. 183 The Commercial and Financial Chronicle . Stock Record K>> New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED STOCK ■ Iodic (or Prtviaas Yea* 1965 { 107 Jan Jan 6 / Feb 111 19 13 3' 48% Jan 37% Oct 28 • - ' STOCKS Range Since Jan. 1 Uveit Hlfkeit toweot 39% Feb 1 16 V* Jan Highest 10 106% Apr 7 13 y8 May 28 27 109% Feb 14% Jan 9 18 71 Aug 25 58% May 28 63 18 79 Aug 25 67% May 29 '67 May 29 23% Sep 19 35% Sep 20, 25% Nov 30 7% Mar 23 6 25% Jan 19 21% Oct 21 1 77% Jan 20% Novr 12% Oct 30% Jan "27% 9 Mar 14 Mar 15 157 Dec 28 170 Jan 109% Jan Jan 80, Jan' 7% Jan 209% Jan 3 2b 3 Aug 3 9 48% May 178% May 1 9 Jan 27 3% Jan 3 ^ 20% May 28 9 115% Apr 19 '81% Apr July 12 6 88% Jan 23 10% May Jun 3 170 Jun 24 135 Jan 26 30 Jan 23 Jan 4 117 Nov 11 112 14% Jan 7 20% Aug 26 122% July 6 25% Dec 30 Jan 20 Jan S 34 t 19 20 104 ; 13 117% Jan 23% Feb . 7% Jan 23 \ 326 "* 19 Dec 22 51% Mar 14 ' 94% Jan 7 61% Oct 133% Dec 27 " -- * Apr 6 110 27 36% Apr 56% Jan 23 ' 97% Jan 3 ' 62'/b May 28 75% Mar 12 ' 34 May 129% May 24 148 Mar 14 ,• 110 125 Mar 12 " 34 Apr 17 Sep 23 82 Feb 14 119% Sep 13 72% Jan 18 a% Nov ie Jan 5 25% Jap 17 82 Oct 14 70 Oct 11 20% Jan '6 139% Jun 13 110% Feb 14 126 14 31 May 25 101% May 24 36 Feb 7 , Jan 26 Jan 9 70% Jan 9 27/a Feb ' May 4 3% Jan 13 9 ' 138 24 37 13 39 Apr 30% Nov 4 26% May 22 30 Jan 105 % Jun 30 91% Feb 23 29yaJun 8 Jan 6 Nov 16 36 100 Feb Sep 14% 14% 41% -*154% *156% 1 110 27% Mar 15 32 Nov Nov 10 121 % Mar 23 J , 14 65 91%'Jan 63 May 1 22% May 24 , 21 May 31 79 Jan ? 3% 20% " * 9 Mar 19 50% 22%, Jan 18 24% Jan 23 18% Jan 17 21% Mar 8 20% Apr 9 6% Oct 11 9% Jan 3 5% May 22 42% May 25 35% Jan 18 59 Ye Dec 7 23% Mar 17 27% Mar 14 81% Sep 27 47 Jan 3 42% May 46% Sep 16 38% Jan 6 54% Feb 27% Feb 32% May 21 20"% Jan 49% Apr Nov 17 1 27 Jan 37% Apr 9 27% May 15 34 Jan 90% May 28 100 Feb Mar 14 69 % Dec 22 135% Dec 21 61 * Jan 23 126 - Jan 24 23 77% Apr 153 May 14 Apr Can 138 • 12 12 27% Mar 21 1 Colortype 112 % 124 120'/a 12.4% ♦2% 10 18 18% May 23 American 29%.May 28 44"% Mar 12 American Enka 40 % Sep 22 35% Jan 3 44 20% Sep 22 17% Jan 10 24% Apr 13 13%. May 2a I6V2 Apr 5 Jan 3 12% Aug 17 16- 40 52% Dec Jan 7 Feb 1 Mar 30 - 8 47% Jan 130 3% Nov 21 28 Nov 21 65 Jan 11 Jan 26 17 Dec" "9 5% Apr «38 6 96% Jan * - v 96 86 1 Nov 15 Aug 2 16% Nov 60% Mar 39% May 131% Jan 25 4 33% Jan ■ May 27 1 84% Jan 9 17% Dec 7 15 30 129% Jun 1 9 101 % Apr 1 17% Apr 18% Dec 2 107% Feb '4 101% May 1 11 35% Apr 7 24% Feb 9 32% May 18 94% Jan 6 90 Jan 3 93 27% Jan 21 35% Feb 10 15% May 25 41% Mar 16 17% Jan Sep~i3 108 .20% Mar 14 ♦26% 27% *26% 27'% *261% 27% 105% 102% 102% 103 % 66 66 66% 66% 651/2 65'/2 800 '22% 22% 23 23% 23%- 23% "23% 23% 27,100 3 *108 32 10% Jan 17 15 ; Jun 13% Jan *110 23 6 26% Oct 27 60% Sep 38% Apr 38 27 .53% Mar 3 Jun 7 27% Jun 5 50% Jan 39 % Jan 3 121% Oct 11 29% Feb 1 46% Nov 16 27 30 18 32% Feb 29 9 44% May 24 158% Apr 72% Apr 58% Sep 11 56 Feb 21 46% Jan Feb 13 8% Feb 27 36% Jan 6 21 75 4 23 59% Mar 20 May Amer Smelt & Refg com American Stores 20% Jan 31 172% Jan 13 62% Feb 21 130% Jan 20 187% July 21 82 % Dec 13 Feb 29 May 15 7% 6% Jan 2 16% Jan 75 Vi Feb 27 84 Yi Apr 30 135% May 29 145% Jan 27 10 34% May 28 51% Jan Oct 27 26% Jan 13 29% Aug 16 26'/b Mar 23 28% Aug ,* I 24% Apr 16 30% Jun 17% Feb 14 fl Jan 3 10 Jan 30 29 Jan 6 83 Aug 26 65 Jan 23 72| Sep 21 63 V* Feb 14 83 , 87% Mar 19 6 40 110 Jun Mar 20 36 7 102 3 Feb 8 May 31 32% Jan 10 42% Apr 107 Jan 3 For footnotes Dec" see May 7 page 28. 36 26%'May 29 1 179% 25 100 136 42 Va 42% 42 42% 4,500 104'% *104'/4. 105 % 105 IO51/2 700 ; 357/» Mar 19 *92 common 14 77 34% £ % 31% 30% 30% 20% 20% *20% 20% 6 Va 5% 6% 5% 5% 43% 44% 44% 44% 441/4 44% r 43% 56 28% 90 Va 68% ; .' 23% 17% 23% " 31% 4b 51% 97 14 180 % 78% 136 355/a 9% 1,700 28% 28% 91 28'/4 28% *90 69%, 28'/4 100 29% 900 91 50 68% 69% 136% 136'/a :? *23% 23% *23'/4 23% ■■ , i. 31,400 1 400 . 1,000 : 361/2 ; ♦18 18% 18 18'/4 1,600 31 31% 31% 31% 3,100 40%, *40% 41% 21% 21 21%, 14 53% 141/4 14 14 i/b 53% 541/4 36% 121% *39 1231/4 5% 5% *39 124% *12% •; ♦108 41% 124 1234 102 36% 110 5y8 5i/a 413/4 53% 36% 110 ♦38% 125 13 •100% 102 *12% ♦100 500 7,700 23,500 • 54 9,100 36% 5,300 110 900 5% 13,200 41% 129% 6,700 13 102 143/s 13% 13% 13% 13% 1,500 i/b 15% A A 1/64 A 57,800 15% 103 7 •88 38% 1 •38 29 30 *104 15% 29% 16% 16% 7 7 28% *38% 28% *104 25% ♦28 161/4 6% 3oy8 * 105 25% ' 29 :* 15% •102% *88 38% 28% •104 25% 25% 90 *38% ' 105 *28 28% *88 90 ; 103 28% 28% 27% 16 •102% 16 103 71/8 25% •28 16% 7 16 4,500 103 60 28% 7,400 90 38% 200 29 Va 13,400 105 25% 10 3,400 ; 29 16% 7 1,000 25,200 61 61% 61'/a 62% 62% 63 5,100 31% 31% 31% 31% 31% 31% 3,100 35% 35% 35% 35% 35% 35% 4,500 '45% 21% 6% 7 67 51% 95 ' 6% 50 126 52% 94 95 70% ; 46 128 - 44% 53 7 50% 45% 46 45% 7 160 46 52% 94 139% 139 y8 140% *13% 14% 14% 14% 179% 180'% 179 % 180% 139 76l/a 77% 78 135 »/a 136 35 9% 136 45 21% ♦161 31% 158% 126 45% 21% 168 68% 503/s 158 ; 21% 31 68 49% ' •163 30% 156% 46 * 168 30% 44% 45% 45% x20% ♦163 •125 140% 1,700 21 r 113 14 800 44% 57% 137% DAY 14 •12% 447/a 44% 57 91 69 16,000 44% 137% . 21% 13% ♦100% 44% 300 4,300 •' 40% 20% 5 45 20,400 57 CLOSED MEMORIAL 40 % 44% / EXCHANGE 18 36 . 28% 1341/a 531/8 44 Vs ♦28% STOCK x66% 108 . ♦44 VB 28% ,40 : X44% 30% 16 » , Xl34'/Z ■ r 56% 90 >/■ . •' "• ♦28 21% 14% 53%, 35% ? - 78'a 137 *30% 70% 50 157% 45% ♦126 44% 52% 95 140% •14 180% 77% 136 45% 5,200 21% 22,600 168 10 7% 7,600 311/4 1,200 71 350 50% 13,700 158% i 370 45% 1,000 128 70 45% 10,300 52% 3,600 95 300 140% 610 141/4 300 181'/a 46,100 78% 17,100 400 137 36>/b 93/4 36% 35% 36% 22,700 9% 36 9% 9% 9% 2,400 *26% 27% 100 25 27 27 *26% 27y2r. •26% 27% 27 27 *26% 27 26% 26% 27 27 18% 18% 18% 18% 19 191/4 19 19% 2,600 72% 74% x72% 73 58,100 No par 73 74 73% 74 6% series.^. 5%% Anchor Hocking Glass Corp— Common ; 30% 20% 31 series 25 American Zinc Lead & Smelting—1 Anaconda Co —! 50 Preferred 2 12 40% Mar 13 30'AMay 28 13% Jan 100 Anaconda Wire & Cable Mar 20 t -44% Jan 139% Co preferred Preferred May 28 Jan 4j% x51% 17 '27 52% Jan 33% Mar 30 41% •27% -."5- Viscose Corp 25 American Water Works Co com—5 23% Mar 13 9 45 25 common American 13 25% May 17 16% Oct 14 Co American Tobacco 6% preferred I 23 100 ... Snuff noncumulative 1 7% 16 187% Feb 10 10 47,300 56 48% 50 A .■■'.156% 157 American Sugar 19 23 16 American T«d <fc Tel Co Mar 22 Nov 11% Jan 1,000 21% 43 109 Refining corn—100 100 American Sumatra Tobacco 5 16 108 146 preferred American 2 179% Jan 6 May - 21 55% Nov 145 15 7 No par 59% Jan 12 66 21% *44 5 5% *38 41% 121% 123V2 *12% 12% *100'/a 102 13% 13% 1 48V8 May 18 50% May 23 . ' 23% 18 A 19 89 28% *64 22% 6 30 40 8) 39% Jan 139 19 (expire June preferred—100 American Steel Foundries No par 16 Sep 32% Dec -1 129% Mar 26 16 103 50 25 18 X281/4 66 21% 30% 90% 67%.k 133% 17% , 107 10 Nov 28 Va ♦64 1,000 22% I* *20% 44% 42% 56 28% 28V4 29% 40 , 10 SS Co 24 58% Feb . 65 *130 23% 10 Hawaiian Apr Feb 90% x20% 13% 52% 35% Apr 46% Mar . 44% 42% 55% *28 27% Foreign Jan 174 43 ... 1 ——5 42 100 47 20% 6 * 43% 120 147% Nov 8% 31%; 20% 5% 153 6 200 31'/a 104 104 Va 29% 1 22 2 31% *100 117 ■:* 46% Aug 24 131% Aug 12 43% Dec 30 14% Jan , 177 6% May 23 ' May 25 ■ 4 24% Mar 20 27 30 4 Dec 50% May 20% May 24 * 64% Jan 46 4 40% Jan 137 % Jan . 3 6 3 Apr 5 May 28 ' 9 172 Apr 8% Jan 66% May 12 9% Jan 6 13 Jan Jan 37 % Feb 6 40% Mar 14 161% Jun 28 30 28% Feb 16 179 % Jan 7% May 25 29 % Jan Mar 16 2 Mar 35 . , 21% Mar 14 170 108 4 55% Jan 11 31% 104 28% 66 *113 15,400 41% 42% 104% 104% 103 * 103 26% 28% *88 90 38 38 Amer Metal Co Ltd com new_No par 27% 30% 4%% preferred —100 " " 104 "' 104 American Metal Products com 2 25 /a 25 A 5%% convertible preferred 20 *28 29lA American Molasses Co„_ 1 15% 15% American Motors Corp 5 7 7 American Natural Gas Co 25 €1% 62% American News Co No par 3x% 31% American Optical Co 1 35 35 A Amer Potash & Chem new—No par 4o 45 /b Amer Rad & Std Sany common—5 * 21 21% 7% preferred 100 163 163 American Safety Razor— -5 7 7 American Seating Co— 10 3C A 30 ,a American Ship Building Co—No par 66 A 67 Mar 29 34% May .6% May 14 . 114 ♦100 28% ' 800 21% 5%% prioi preferred 100 American Mach & Fdry common—7 3.90% preferred— 100 Amer Machine & Metals No par"' 40% Mar 21 May 25 13% Jan 4 28% 105 31% 104 *64 3 114 31% ♦100 104 41 ■ 114 31% 31% 31 Tiling Corp American Investment Co of 111 7 28 17 11 Rights 21 24% May 10 30 8% Oct Oct 104 1 Jun . 46% Jan * 102 114 *100 6% noncumulative preferred—100 American International Corp—1 • 31% Sep 24% Mar 16 20,000 3 41 1 . 3 106% Feb 27% May 28 25 127'/2 3 *20% ~ " 99% 65 American Ice Co common—No par % May 24 13 Oct , 17 I 21 104 124% *37 10 6% convertible preferred American-Home Products 20 13% Jun . 126%. 41%. American Hide & Leather conu—1 14% Mar 21. -Jan 88% Nov , American May 23 Sep 23% Oct 103 18,600 3 10 New common 1 12 1/64 Jun 13% Dec 1131/4 ♦39 Power—No par American Gas & Electric Co -5' American & 5% May 23 42 31 11% Jan 99 - 5,100 112% 3 American European Secur—No par American Export Lines Inc ,-40c - ' 16 - Jan 3% Jan Mar 30 13% Sep 105 i. 23 35% May 23 ■» ~62% 13% Jan - 36% 113 42 No par Co Encaustic 29 15 100 36% *37 prior preferred -100 American Cyanamld Co com_. 10 3%% conv preferred series C-100 American Distilling Co -——20 Sep 3. 37% 41 27% 102% 66% 4%% 15% Jun Nov 125 109'/a 3 No par Crystal Sugar cbm Co 54 34 112% 110% *37 25 Chicle 12% J an" 26 >' 36% 118 12.50 - Cable & 42% Dec 19 36% 106% 1 common-] Co American 14 Mar 15 500 112 20 Corp American 6 17 48 6,400 *109 100 - Radio American , 9 33 % Dec 106 34,800 32% 94 ♦128 " 100 common & 7% preferred. American Chain 5 100% Jan Cable American 1 May 10 67 Inc preferred— American 7 48 5% - 2 45% Mar 21 33 65 '/a 32 y8 134 Broadcasting-Paramount Theatres 11 7% Mar 12 29 71% May 637/a - Amer J •' ♦93% 32Va 111 Amer 30 ' ' 64% ♦105 44"% May 48 % Nov 94 63% 31% *124 3 38% May 16 43% Aug 31 10,800 110 39% Jan 33% July 15 3,100 50 '/b 133 1 preferred *93 % - 35% 42% Dec convertible 600 33% * 110 6 4% 50 " ♦123 35 33% Jan * '33% ' 115 22 26 500 8,200 23»/4 134 34 64 110% Apr 14% 23% *108% 28% 24 18,300 ii3ya 112 *124 2C% Jan - 63% 28y4 ' 94 31 % 64 104 "lo 37% 115 *14% , 1,500 * 62% No par 14% 9,600 - 160 36% 33% - American Bank Note common—_10 19 14% 1 400 *112% 49% 6% preferred 50 American Bosch Arma Corp-——2 107% Sep *140 36% 115 33% 22% May 17 12 160 36% 49% 31 Jan *225 34 23 100 400 14% 31% 50 com 96,600 49% 16% Jan Co 70 8% 34 27% Mar 8 May 28 Shoe 82y2 8Va 8% 23 22% Mar 30 Brake 82'/2 8% 115 72 7 83 *83 23 6 • 19% 112 2 14 20% 23 -93% 2,900 . 116% 113 Jan '• 3% 19% 22% 14% Jan 64 600 * 20% 111% 32'% No par preferred 31/4- ♦140 63% " 29,600 " *114% *112% 31% convertible preferred ,100 American Bakeries Co com—_No par conv 45 Va 163 19'/a 36% x62% 3%% cum 3 %" 49% 94 ' " 48% ''*'",94". ___1 1 " 2,700 167% ♦156'/a 34% T34 lo common— 43% 165 * 163 23 ' 100 44% 165 111 23 200 13% ♦225 10 100 13% 6,400 2iy8 ' 115 14% 14% 1 116% ' 20 preferred: 4%% 14% 109% convertible preferred American Airlines 36'/b *112 '/4 20O 1 134 " 19 V* 152 36% ' '20% 400 115 / 134 > *114% , 8% *140 10,700 377,500 va 18% 3'/4 85 *225 ' 27 18 ye ♦156% 19 Va 8% *27'/8 18% 165 * 20% 152 xl4% • 116% ♦83 . 136 '.43% Y DAY 3 VB 19% ' * 14 .' MEMORIAL '- 163 20% 8% 35y8 *112% 5 com ^ is y8 43% 162 375 1 preferred 23'/a " 27% 136 . CLOSED *114% * 85 152 par 14% 3Vb 19% *225 * EXCHANGE 162 116%* 8% Amalgamated Sugar Co (The)_ ^._1 Amerada Petroleum Corp No par Amer Agricultural Chemical No.par 26% Mar 16 21 STOCK 18% *156% 3% *114% 1 139 42% 42% 27 va . 14% 156% % . 18 ' 163- *82% convertible 6%r convertible 23% 1/64 300 . * Va 27 *136 18 18 Amalgamated Leather Co 3 31 it 27 136 ___100 Aluminium Limited 3 102 Jan 2 6 May - 17% 19 Vs Alpha Portland Cement—; Aluminum Co of America " ' 1 2,600 23% 100 4.08% * 99% Feb 3% Mar 29 39 39% May 126% Apr 30% 23% par 3V*% : 108 34 May 24 30% 23% 100 . 9,500 23% - Inc 800 18 31 *132 Co 69. 68 30%. % 10,700 *66 30 Va 24 3,100 *66 29% " 100 60 29% - Allis-Chalmers Mfg common New common 3 23 Kid 59 Va 17% 3V 9,400 13% 18% • No 67% 4 Shares ■■ 13% 67% "67% 23% Allied Mills No par Allied Stores Corp common—No par 4% preferred ___L.__i.__i; __^100 , 4 Industries 60 the Week 42 *107%. 108% 13% "60ya 17% - ; 13% , 67% 1 Allied Chemical & Dye Allen :' 108 18% 1 conv Allied 108 17% -*"26% "27% 100 9 108 41% 67 " 67% torp_L10 No 42%t; 4iy«( 18%, - preferred A 4 93% May 29 'V Apr" 11 5% % 1- 67""/'' 1 i 41% June 1 ' - 29%i " 1 ; common 12 15 88 67% ,67% Friday May 31 60% 5 18% Jan 134% Apr Sep 59% 60%" Sales for Thursday 13% 67'/a PRICES . 17%, Allegheny Ludlum Steel Corp 1 Allegheny & West Ry 6% gtd—100 2 Sep 26 34% Aug 1 65% May 12 41 13% *65 100 129% Apr 25% Jan 14 48% May 15 13 160% 13% x58% lfr —— preferred SALE * common $4 prior preferred 117% Mar 27 22% May 29 11 81 % Apr Inc 4%% 4 43Va Apr May 21 33% Feb May preferred Alleghany Corp ' 160 14% May 31 July 22 63% Jun 9 *• 7 — 106% Feb 40 98 13% . 7% Aldens 31% May 28 ; ♦107% Alaska Juneau Gold Mining-—.:_lo• ' Alco Products Inc common _1 - ; 16 23'A Jan 6 May 24 Mar 14 83 108% ~>65 Alabama & Vicksburg Ry_- ' 122 f 40% 2.50 Aefoqulp Corp Air Reduction Inc common 4.50% pfd 1951 series- 4% Feb HIGH Wednesday May 30 May 29 *107% Corp_^^_-_^_Nopar 1 Tuesday 40% 50 Mar 14 163 39%. 25 "" common ' 5% preferred called ACF-Wrigley Stores- Inc Acme Steel Co Adams Express Co— Rights (expire June 6). 4 ~ A_1 —. LOW AND Monday. May 28 " - 5 * * r ■ * Pat 100- ' Addressograph-Multigraph 1 Admiral Corp——: May 14 15% May Feb preferred -Adams-MiUis 22% Jan 136 28% July 28 91% Aug 5 11 ' 19 156 20 Jan 117 6 153' • . * 26% Mar 30 7 18 19 36% Feb 5 11 ' Jan '11% Apr 22 Dec "17% Oct 4 % May 24 >32% Jan 4 17% May 28 107 6 1 9 ' 4 155 - 2% Nov 29 33% Apr 23 108 5% 19% May 24 May 17 7 27 6 29% May 22% Jan 20" 3 Jan ■ • common 4% preferred— ABC Vending Corp. ACF Industries Inc 67% May 29 Apr 10 29% May 25 15% Aug 24 41 % Dec 21 14 67% Jan 76 14 1/64 Jun 34% Sep 130 " Dec Jun " 3 30 Abbott Laboratories 6 6 46% Jan Jan „ 45% Apr • NEW YORK STOCK EXCHANGE „ $4 preferred Anderson Clayton & Co , 36% 6.25 No par 103 37% 103 36% *102% 70 ' 36% ! 103 , 72% 69% 71% 73% 73'% 73 74 36% 37 36% 36% 102 103 103 103 ., 250 530 2,400 550 21.80 3f% 35% 35 35% 34% 34% 34 V4 34 '/a 1,800 Anderson-Prichard Oil Corp new_10 Andes Copper Mining— 14 30% 31% 31 32% 31% 32'A 31% 32% 4,500 26% 26% 26% 26 Va ♦26% 271/a 27% 27% 300 • The Commercial and Financial Chronicle 18 Monday, June 4, 1958 .; . (2658) RECORD NEW YORK STOCK EXCHANGE STOCK ■.:" f Uvwi 6% Jan 3 43% Feb 14 31%' July 5 11 Oct S6 Highest ' 34% May 3 Jan - 36 18 13% Jan 6 Dec 11 35% Apr 22 Armour 102% Mar 17 15% Jan Artloom 10 16 35 22% 22- 22% 21% 22 Va 51% 53 52% 53% 52 Va 53 26,400 20% 20% 20% 21 Va "20% 20% 17,600 31% 32% 32 327a 31% 32 Va 95% 95 Va 95'% 95% 19 % *18% 19% 20% 31% 31% 96 Va 96% " 5 *18% 5% '. *95% -96% ' 19 Va 1 Ipc Inc—I Industries / Goods * 17% 37% Sep 36% Mar 14 104% Feb 113 8 1 •3% Feb 8 Aug 15 May 27 69 102 Apr 110% Jan 20 3 313/a 5 r! - preferred 0.25% ' Atchison Topeka & Santa Fe— 18 15 Nov 162 Jun 62 68 Jan 173 23 13 13 101 3 30 % Mar 13 28' Jan - 8 1 43% Jan 27 35% Jan • , 40% Sep 9 06% Sep 15 101 Va Apr 20 95 Apr 38% Sep 6 48% Mar 31 40 May 28 -99% Feb 19 47% Mar 14 10 14% Jan July 18 Feb 8 21 ^10 $3.75 series F 100 *97% 10'J 1 ...—, 10% Conv -20 pief ($1.20) J—No par *17/ prior ■,-6% May 24 42 % May 29 49% Feb 24 (The) ^Avco Mfg Corp 02.25 conv preferred' 98% -17% 7, f ' ■ ■ *97% 98% 10% 10% ' •/ , 5% 5% coifiuion—_3 _Nopar 18'/a 18% 18% :• 1,900 67% 68 68% 1 1,000 10 Va K'V 10 Va 10 Va 10V8 300 ' *17 *17 23% - 17% *22% 17 Va 23 - 23 Va 5% 43 - - 43 ^ 57/s 6 42% ' " *42' 70 10,000 16,400 18% ■. 17% 23 v " ■ 23% — " 23 Va 22% -7 10% 67% •// - .10% *17 23,000 42 67% *10Va - 6,400 40-,e 41% /"• '.;.// :■}{ - ' " " « 20 56% 40 , 10% r 18 *66% ' Amer—5" Co of 18 1,200 56 40% 10% 10% ■- 10%' *10% 'Automatic Canteen 18 18% 66 Va eommon___.,_No pur Nichols Austin 9 18% 66 20 1 Powder 1,200 100 * V' ■/ *• 41% 40% •• • preferred cumulative 5% Mar 30 „ common*. New Atlas 40% 6,400 57% 28%'- *99 57%, V 155 57% '• £ 97% -/ 40 1,200 28% . 100 56% % *20 63 • 153% : 57% 28% *99 ; 97% -97% i 63 156 2,600 107 ♦106 28% " 100 39% . 42 Va ; / ' 4,100 31% ' 31% ; 63 *57% ' 55% ; 57% 98 V* ; 40 -5 Atlas Corp 27% Mar 16 ■i 7% Feb 24 8% Apr 54 100 Atlantic Refining common" 17% Feb 27 19 22% May 28 *16% Jan ir 27% Dec 20 Oct Jan 18 i 16% Nov 16 ( 10 Mar 21 / 8% Oct 26 43 '10 4 *99 100 31% 107 ' 153% ' - 18,300 17% 29 62% 1- * 1,200 17% 29 *106 .- ' 28 Va 28% 397/a Preferred ' " 100 Line Coast -V DAY ■ 151%- 156 57% -57% 28 Va 38% 1 11% Jan 62 56% 76% Mar 13 18% Jun / 155 57% :-.57% 54 y*. '10% May 28 May 28 May 29 61% Feb 13 . 28 " 10 9 ■l 9 106 62 * RR____No par 20 45 % May-14 18 Dec 147 Co com—6.50 preferred ' 4% Atlantic 9 44% May 5 34% May 17 utf 63% May 50 00 —.— Atlantic City Electric Feb 27 lOt 96 % Feb Mar 17 59 Va Mar 10 Preferred 61% Jan 20 62 150 .2,600 28 17% 29 31% MEMORIAL " , - ' 55% Apr 23 3' Oct 30 06% Oct , Common 23 Apr " 27% Dec 41 % Oct 137 80 Aug 11' 61% .10 Associates Investment Co ' 131% Jan 31% 106 *; 106 106 100 ... ' ' ' ' Mar 14 87 Jan 23 55 29 31% 29 31 Va *27% 17% CLOSED 28% 28% 1 7,500 •' 5% 29 IXCHANG] « Corp— Common Jan - 19 5% 28 28 STOCK 17% 6 5% . 27% .16% .. 3,000 * 5% *27% 27% : 16 Va 7 01.50 serie's—No par Dry Associated 27% __i • 5% * " *18% 19 Va *18'/a 6 V'a 2.50 Oil & Refining com. 2nd preferred •• 30% Mar 29 29% Feb Co Carpet Ashland Mar 29 27% Jan 16- Arvln 31% Mfcr 15 v2fr 11 21% 51% 1 Corp 100 22 Va ' 13 8% Jan 5% May22 27% May 17 Constable Arnold 2,400 v 34% ; No par preferred 03.75 • 6 Jan 22 .■ 2 • 34 Va 34% 50% 5 1,300 34 Va ; 34% 21 Va 1 36 % • 36% 34%' 10 5% 36 Va 5% 36 Va 36% 34 Illinois Shares *4% 36% ' '■ r 34% 36 Corp Co of <fc *5 4% the Week Friday June 1 May 31 36 Va 5 Armstrong Cork Co common 37% Mar 27 17 Jun Steel Armco 18 May 2 May 30 ♦. Wednesday 4% 53/a *4% No par / Argus Cameras Inc 24* 7 Apr ■ 2 18% May 24 28 - 30 6 06% Apr 5 18 94 Nov 17 6 Argo Oil Corp 62% Apr 'Jun 34 Mar 15 12% Jan Archer-Daniels-Midland 0 5 8ales for HIGH SALE PRICES Thursday Tuesday May 29 * Monday May 28 Par Inc Co 27% Mar « 9% Feb 14 6% Jun 34 Jan - 29% Jan , IF W Products 9 9 15% Feb. 19 3 STOCK EXCHANGE 39%Apr- 28 46% Feb 28 102 Va Apr 20 t LOW AND 41% Apr 27% Jan 23 15 26% Oct 06% Aug 30 10% Sep •.'*•*» ♦' ■*' ■*' NEW YORK 6% Mar 19 * May 24 21 % May 18 f**t '».-t Highest Lowest 4 , 6 55 % Dec May 12 36 • Range Sine* Jan. 1 - 4% May 10 ' STOCKS lull far Prultu Year 1955 '••••• •' 5% *42'/a 43% *42Va 2,500 36,300 6 43 - 6 200 . B 11% Jan 10 14 Jun 90 53% Sep 18 35% Jan Jan 105 54% Jan 6 75% Nov Jan 6 45 2 66% Jan 30 48% Nov 15% Jan 5 8 19% Nov 35 Va Feb 1 41% Feb 1 68% Jan 4% 27 13 23 Jan 29 % May 6 May 28 ' 103 *102 103 1 54 % 55'/a 54% 54% Jan 72% 74 73% 25 Va 25% "25% 25% 44 *43 44 19% Jan Brothers common.! preferred *43 16% Jun 8 45 Jan 17 24 147 Jun 29 116 Jan 23 130 103% Jun 13 107'/a May 2 104 Apr 27 106 V* Jan 20 38% Dec 1 28 37% Jan 9 13 22% Mar 14 29% Dec 34 Nov 18 §5 Jan 11 96 26 30 20% Sep 18 % May 25 Ve Jan 30 88 July 11 Oct 49 14 ;27 3 24 34% May Nov 28 17% Jan 25 22 Jan 6 Feb 16 42% Apr 30% Jan .17 06% Mar 101 8 15 15 : Instruments Beckinan Beech (A S) 1 Inc Creek Beech 4 pid 4%% 50 RR Beech-Nut Feb 6 Belding-Heminway 27 Jan 3 Bell 45% May 101 Jan 30 i 10 1 1 Co Aircraft Bell 9 Packing Corp Howell Co & May 28 14 10% Sep 26 22% Feb 14 18% Jan 30 Apr 22 Dec 12 1 % Jan 63 6 40 1 Oct 30 ' 7 35% July 25 Mar 14 43 2 preferred 4Va% 56% July 31 Jan 2% Feb 33% Apr 30 44% Jan 23 > 2 Beneficial 24 7 6 169%'Dec 9 140%-May 28 167% Apr 9 158% Sep 6 172 9 158 172% Feb 7 13% Jan 7: Jan 74 33% Oct 18 18 - 11 24 Sep Dec « 13% May 29 16 4 28% Jan 23 25% Jan 30 34% Jan 23 88% Mar 3 20% Mar 15 31% Sep 3 69% Jan 27 - 29 39% Jan Aug 23 Oec 10 28 Mar - f 20 8 14 Jan 22 25% Feb 12 3 19% Jun 11% Jun 15% Mar 14 23% May 28 - 7 ■ - 5 32% Feb 22 26 0% Jan Jan 78 15' 14 38 64% May 18 12 17 Nov 31 26 28% Mar 15 : Apr 33% Jun Aug 17 25 Sep 85% Sep 40 1 28 Mar 1 ? 14% May 31 11% Jan 3 16 Va Jan Jan 84 1 1% __i (Del) com_.No par 100 Blgelow-Saniord Carpet (Del) com.5 4% % pfd series of 1951-. ..100' 11 Black 7 & Decker 38 % May 18 Blaw-Knox 32 V« May 11 Bliss Bliss 1 (Delaware) Co (B W) Co.! & Laughlin Inc f " ' " ' Aluminum 29% Apr Bohn 34 % May Bon Ami Co v No pur i - - 1 - Dec 43% Nov 29 86% May 30 - 48Va Apr 58 I 38% Jan 29 100% Nov 15 05% Sep 12 «3% Jan 6 61% Sep 18 14% Jan 3 30 Dec 38% Jan 3 64% Sep May 29 91 May 64 Co Jan 12 * Borden .1.25 17 60% Apr 5 < Borg-Warner Corp common 7 98 Va Feb 10 * 3%% 38 61% Oct 16 2 Mar 14 24 May 10 57% Mar 19 BoBton 30 18% May 22 29% Jan 3 43% Mar 1 61V* Jan 3 14% Jan 31 85 32 "28 Aug 11 Sep 26 14% Jan 6 02 Jan 6 30% Jan 6 33 Mar 14 15% Jan 6 •5% Jan 20 5% & ... 1 ; DAY 12 May 23 45 Jan 5 54% May 10 1 Bridgeport Bniss Co 56%; July 20 54 Jan 9 58 May 24% Apr : Brlggs 24% Jan 23 20 % May 28 34% May 6 100%. Apr 25 36% Feb 16 31% Feb 43 Dec 4 34% 42 Va Mar 26 Briggs 34% • 35 1 29 Apr 15 Va Apr 27 103% Jan 6 23 'Feb 25% Jan 23 30 38%: Jan 23 39 preferred' ; Union Brown Bigelow. & Brotvn, Shoe Gas 42% Brunswlck-Balke-Collender May 10 47% May 8 Bucyrutf-Erie 17%' May 28 21% Jan 3 Budd 95 Mar 13 $5 No par Co 5 C6 colnnion._^ (The) preferred* 5 / 29% 3,400 21% ■'/ '•:. 39% 40 ♦40 40% *96 * 51 ■ . . ! ; 143 Va 51% 51% , ' •I a 21 29% Jan 11 27 Feb 1 37% Aug 17 31% Dec 20 47% Feb 21 30% Feb 13 125% Sep 21 % Aug 6 20% Apr 9 16 Nov Mar 15 78 Dec 71 Sep 30 12 Jun May 3 81% Jan 19 67 Apr 20 77 Va Feb 8 3 92.Apr 28 79 6 34% Jun 28% Jan 22 L Mar 18 19% July Jan 6 6% OCt 11 30% Oct 31 12% Aug 28 36% Feb 3 34 Oct 11 00% Jan 26 03% Jan „ 7 2% May 17 16% Jan 6 6% Nov 15 37% Oct 14 14% Sep 26 103% Jan 15 1 17% Dec 23 85 Va Mar " 28,400 j 78 *76 I 200 . 42Va r.-.'/.r 35% , .,'35% 41% 36% 29% 29% 29 Va 35% 35% 14% 15 15 15%' 14% 15 12% 12 Va 12% 94% *93% 53% 7 12% 2,600 44 Va 13,500 44 44 Va 94% .53Va 53% / 53% '"53% . 2,700 3,300 19% 19% 19% 19 19% 46 46% 463% 46% 47 1,000 12 Va 12% 12 Va / 12%' 12 12% 5,100 483/a ' 49 48s/a 49 u 47% 47% 57% 20% 3,600 *55% ; 57 , 36% 35% 21 363% 35% 325/a 35% 36 43% 43 % 17% 18% *92 92% 32 32% 21% 13% 74 69% 81 v. 2,400 33% 33 Va 1,600 .14% 14Va 92% 35 5,800 "34 % : 14% 143% 94% 14% 92% 33% 33% 33% 14% 92 3,700 100 *96 100 *96 , 33 Va 34- 33 Va 33% 7 100 : ; 200 3,900 36V'a 57 56 21 Va ■ 33 *96 21 Va *56 56 36 Va - : ' 36 50 21 '■ ■ 21 "20% 94 Va 96 96 ; 500 ' 36 5% 363% 36 3% 3,900 457% 443% 45 Va 6,200 17% 18 36 i. 45 45 ; is 18 Va *92 18V* 92% 92% *92 1 12,600 //• 92% , 8 4% 9 Bush 31% Jan 5 16 8 32% Jan 3 11 103% Jan 40% Jan 23 51% May 5% Feb 9 12% Jan 20 5% May 28 37% May 28 8% Apr 3 3 13 16 Va Mar 20* 7% Jan 43% Jan 17 3 14% May 28 98 Feb 7 62 May 28 €4 Jan 31 32% Aug 29 35% Jun 16 39 38% Mar 14 May 25 31 May 28 36% Mar 16' 63% Dec 30 59 52 May 25 56% Apr 35% Jan 10 For footnotes - Feb see 21 page 28 preference 36% Butler Bros 12% Apr 89% -May 28 100 100 : *100 16% Jan rJan 17% Jan 33 V* Apr 3 8 6 1 Second 17 u 17 13 - Burroughs CoLff 10 99 12 __: coin _1()0 23 Apr 25% May 11 5 preferred .4 % % i July 15 64% Feb 7 01% Jan 67% Jan preferred 3%.% 9% Jan 4 Co> Inc Butte Terminal M) California preferred Calumet. & Hdicla Canada Dry Ginger Ale com $4.25 oonv preferred Canada Southern Ry Co- l_l 1.66% " par 100 Caradian Breweries Ltd: No par Canadian Pacific Ry Cannon Mills No par 25 * ■ 73 Va -74 37% 75 '79 81 % 44% 44% *99% .. 293/4 \i:. 15% 30 26% ' 26% 80 39 - *15% 26 Va 26% 4 ,29% 21,800 "39% 15% 7 800 ' 11,000 9% 93% 9% 3,500 293% 29% 29 Va 42,800 ' 99 Va >99% 45 Va 44% ' 97/a 50 69 Va •: *79 39% 15% " 100 *65 • 39 .393/a ' 29 Va : - 97/a *99Va' 100' > 40 i 6%" 6% 13%; 15 27,000 79 15%" 5% 38V2; : 13% 69 26% 5% 37 % 1474 89% 62 *29% 31 *52 13 Va *74 26% 6% 1,700 13% *ho 15% 44% 1.80- No *79 6, J00 20% 20% 69 Va '*•93/4 13 Va I * 2,000 ' ,32re 32 *20% 75 *74 *65 15% - Inc Campbell Soup CO 13Va 13 Va 26 % 8* I Campbell Red"Lake Mines Ltd 203% 13'/a 7 .10* Packlbg Corp__ Zinc-Lead 20% " 9% 9% 28% 29 100 100 15% ____S * common-—__No par participating Callahan 1 32% 32% X20% 38% 25 % 1 15 Byers Co (A 1% Co Copper & Zinc 33 32 % 32% 32% 32% 32% 323/4 313/a - 13% 5% ' 373% 15 45 6% 13%- 44% 3,700 6% 6% 6% 6% 12,800 13 Va 13% 13!/a 13% 4,700 45 1,400 5% 5% 5% 5% 38 y8- 38 V* 38% 38 Va 38% 5,500 15% 15 15 Va 14% 15 Va 11,400 " 5% 92 *90 92 92 30 *90 *90 90% 62 *62 63 63 90 62 *62 62 % 31 *30% 31 31% 53 *29% 31% >52 31 31% 52% *30% 31 Va *52 31 31% 53 s- '94% 19% 12 Va » 1 *93% 45 Va 19 e 45V* i 1,500 58% 437/a /■ 53% - j. r 4,100 ' 14% 11% ' . i- •" 670 58 Va *93Va ' 44% ; 470 » .. 12 Va .58% . 14 Ve 14% f. 1 . ; 4,700 58 Va. 12 ; ... 14% Xl4% - 58% 44 - 15 14% 27% 14 Va 27Va *26% 2o% 27 Va' 26% 600 47,600 62 2DVB - .. 3,500 , '35% 81 v I 8,800 • 29 % 28% , , V r. 36 •>; 35 26% 58 ! 35Va - , ,. ■ 2,900 42 43 Va . 78 ■>*76 - 3,200 14 13% 24.3/a 31 31% 20% 13% 74 *65 *79 1 if 1,800 162%' 162%- 14 13% 27% *92 ___10 Burlington Industries Inc 6 41% May Co Watch 22 % Feb 46% July 28 6% Aug 15 15% Mar 3 11 % Apr 44% Dec May 23 Forge Bullard" Co Bulova 8 73 22' 4 3 32% Jan 15 Mar 3 16% Jan 76% Jan 33 23 Buffalo 3 13 % May 28 a 92% Mar 80 35% May 36% May 1 ,f 1,500 ; 144% 141% 't.-* 7,900 , 52 145 t - 37,600 2 32 i; " • 20,900 21% 1% 31 Va 2 *161 Va' 163V4r , 51% 21 21% 51 % . v * 7",;; r— 50% 31% 31% $ 8,700 1,300 v 101 ♦96 51% 1% • , m 100/,' 21 . 1,300 11% 22 3 36 .! i 11 Va 83 Va" , ' 40 21% 2a i*. V 17Va f-'.j. 43-,8 29% * 42 Va ~ " No par 3,000 1 2,500 12 81 Va x34% ' ,1 20% 22 Va 2J 92 .15 12,700 43% ,29% 25 33 V4 100 32% 33 14Va 14% 1 ; _ * ! • 89% *88 V 82% 80% 44V4 No par 1 ! Inc_^ Co 91% Jan 25 23 ' July 21 95% July 29 3 * : ... Brooklyn 27 10 14 Stratton ;3%% •t 27% 35% .35% *97 Bristol-Myers Co common: 2 Feb V 40 1 800 20% 80% 2.50 3.50 ; 48 26 Va 26 ..100" 50* Co j 130 89% > 29'/» 43% 29 29 35 % 47% ""*55% 20 %' 35% 32% ; 37% Apr 100 48 20% 78 42% 12 15 common preferred. -i 10 700 ' 44 Va 19 * 1 t *115 • 27 V* * *88 14 *76 ; 53% . i 2,100 - 19% ♦42% 7'/.: 31% 133/a 14 94% .2:50 Manufacturing % , ....... Airways Inc 4%% 9 6 91% May 22 July 25 , 4 14 32% May 25 17% May 17 111 May 28% Feb 95% Jan Braniff ' ' " r-" 104% L; 52% 53 V4 loo*" 19 17 15 " 19% >.//./ >• 162 58 Va 58 Va 42% -43% - 100 18% Mar 28 17 17 20% 1447/a *93Va preferred 49% Dec 45% 26 Va '■ • 52% 25 . 43 45% 104% ■ 162 .100 1. RR— Maine - L__5 -Common 19 35 % 28% Jan 15 preferred Edison Co.. 53% May 28 > Boston 12% Nov (The) 43 45% -19% ' 61 44 12 No par Book-of-the-Monl,h Club Inc 1,200 14% - 5 Corp A Inc Stores 5 • Brass class Class B Bond _ 2.50 25% 104% CLOSED • 142% 28Va *35% 77% x23% 26% 14'/a ;___1 25% ■ 12 144 "/a 78 25%.- ■ ■ ' 162 * 3,400 " • 2 1% 31 52 ' 21 20% 2 . EXCHANGE - 51 % 50% 20% 33 10- 1, J Airplane* Co Boeing 12% Mar 16 Mfg Co 51% 140% *160 14 *77 -: 41 % ' - ' 2 May 20% May 17 Jan -• '/ 31 31 1 Steel 38% Apr 90 :■ .. 150 1% preferred' Bethlehem 13 45 % May '• STOCK - 40 101 *96 101 73% 48% MEMORIAL : 73 130 / 12 40 74% t 21 41 20% Best Foods 53% May 10 Jan 101% Jan Nov 4 1 peso Co Best 17 293/a 11% 21 49 Co Finance 29 ' 8 Consol Mining Co Benguet / 43% 11% *96 ' ■ 43% 29 Va 40 . 100\ • ... Bendlx Aviation 8 May 21% May t_10 common 20 Va 43% 1,900 19 Va 89% 20 57% 104% 27 26% *57 *115 ' y ' *88 58% J 48 •;-rX":\ '••• 19% 2,300 ; 19% 89 % 64% 44% 104% 27 Va 64 *43 V v 18% 64'% 16% •*/ 104% 19% *88 5 19% *43% 28% xll'% 20% 10() 1 ■ 49 105 I8V4 26Vt 26,100 ' '1 •'.! , 49 *104% 50 - 49 Va 25 Va i:.'. v 130 Aircraft Corp— •'•••. ,.':J- •< 3 14 95*, May 1 59% Mar *40 n 15 100 Inc.——i Mills 30% May 16 14 28 % Feb 49 130 preferred Beck Shoe 16 47% Jan v 11% May 29 20% May 25 18 Apr May 15 Feb Jan 24% Jan May 17 43 6 Jan 26% Oct 38 91 10% May 25 11 40 4%% Beaunit 31% Mar 19 23 Mar 18 conv 49 *115 2.50 preferred prior 3%% Mar 28 180 ■' 48% "49% 64 % 16% 100 12.50 Beatrice Foods Co common 54% Mar 16 57 Jan Dec 133 17,100 103 *102 48% • 44% 16% ■ ' 48 7,100 102 57 Y 43% 43 Va 16% No par • ft;.;.- 43 __10 Corp Bayuk Cigars Inc 6 *• 50 ; Works Iron 33'/a 109 Va 102 i. "*}'■■ ;;Vi:- 74 Va 4Va% Bath 9 32% 109 Va 110 57% 10 !_10 \v> £•' 63% Corp— 21,300 73% 49% Oil 12% 110 >•" 63% Barker 4 43% Mar 22 16% May 22 23 *102 "48% Barber 43 1 109 63% 75'/a May 18 38 '/a 12% 33% 33 33% 109 49% 19 37% 12% 12 Va 12% .33% 33% 109 62% Jan 39 12% 12% 12 33 Va 109 Bangor & Aroostook RR 39 " 46% 62% May 10 2,200 6'/a 6 6 6 38 Va 38% * 100 common. 9 20% Jan 19 -'it}; 6 37 100 Ohio & 42% Jan 60 6 /'•■. 37% nortcumulative prefeired-.100 Baltimore May 10 t 6 : 36 100 I 4%% preferred series B* 4% preferred* series C 19 Apr 53 13 62% May 28 23 2 105 Inc T) BabcocK <te Wilt'ox Co (The) 7 Feb 113 6 100% Jan Sep 15 72% Mar 29 6 14% Jan Sep 12 May 23 10 45" 3 15% Jan 12 July 14 26 38% Mar 33% Jan 6 32% Jun 5 12 5% 1 new__9 Baldwin-Lima-Hamllton Corp 13 Baltimore Gas & Elec Co,. No par 26 106% Apr 35% Aug 12 113% May Mar 31 6% Jan 44% Apr ' 24'/a Mar 30 6 30% Jan 109 10 (B Babbitt 5% May 22 35 % May 24 8% Feb 0% Aug IB 31 *52 31 Va 53 23,200 ■ - ,-i i; .Volume 183 Number 5539 . The Commercial and Financial Chronicle .. (2659) NEW YORK STOCK EXCHANGE STOCK"RECORD Range for Previous 22% Jan Range Since Jan. 1 Lowest Highest - 6 42% Dec 7 30'/e Mar 14 38% Sep 21 25% Oct 36% Api 112 .. 23 10 31% Jan 9 42% May 29 % Mar 20 114V2 May 23 3 23 Jan „ . 121-. ViToct ~64%_Fe~b 18 53% Mar 49'/2 Aug 16. 17% May lfl 23% July 13% Nov 19% Dec 19 127% Aug 3 116 2 23 12. Doc 27% Apr 57% Apr Carborundum, Carey . 48 7 1 20% Jan May 10 2 61% Dec May 16 9 102% Feb 8 "19'/a NoV 10 105% May .5 26% Jan 3 5 119% Jan 9 29. 72% Dec Jan *18% Jan 130 July 20 21" 83 July 26 27 114 % Nov ^.27 37% Dec 26 25 23 65 104 2 * Case Jun • Preferred Feb X23% 13 4%% 2 115% 24% 25 44 44% ? '■ 12.50 ' 10 1. 7% Jan 18 79% Jan 11% Nov 6 '37% Jan 3 "14% Jan 21 Apr 26 15% Jan 51% Jan 16 106 % Apr 9 7 30% Sep 13% Oct 4 a% Jan 6 6 27% Jan 22 33% Jan 71%.- _20 33% Jan 20 Apr 4 -17% July 21 Dec 66 1,300 6,400 571/4 . *110% 14 32 V, 10 Feb X15% 41% 19% 17% 29% Jun 15 Oct 43% Jan 28 ~5% Sep"20 10 7 57% Nov 3% May 18 54% Jan 9 i, : of J N Certain-Teed Products Corp Aircraft - Co.— Chadbourn 1 108 V ^ i *14 15 xll 37 11 60% 62% • 42 6,200 19'% 19% 19% 1,100 : ' , 61 'A ^.62 28% 30% 291/8 29"% 30 '/2 30 31 3'A 3% *67% 68% " 17% 9% 86 " 2,100 ! 56Va *86 16% 400 167/a 54 54 108 *107% "2,000 •1,000 108 30% 30% 34% 34% 36% 37% *14% *10% 11% 60% ' 20 307/a 35 *14'A - 9,000 89 16% : : * 1,300 9% *56 54 61 'A - 2,100 .. 900 36% 37 14% 14% 10% 10% 200 60% .«"• 61% 8,200 4,000 100 29% , * . 30 29'/a 29% 18,000 31% 32% 31% 31% 6,000 3% , 3% 3% 3% 5,300 *68% 69% 100 3% 68 17% , 9% , ■:,.v - 29% 3% 17% 57 30% v-' . 1 20 3,500 41% *107% - »- ■ £■"' Ii3/a - v - 41% 34'% - 15 ..*10% 16,600 : 65% 16% : ■ • 371/2 *14% v . 15% 112 05% 54 35 . 14,500 . 41% '' . 30% 34% 1 — ' 108 30% 15% 112 i, 330 75% 104 65% 86 35 3.7% 157% 114 '-"'*17% • 30% 74 *102% ; 400 103 65% 9% 54 30% ♦102 75% 104 54% .1 Inc.. i J. ; '• 16% 53"% 108 103'% 320 24,000 , 19% DAY ;; - 85 16% - _ 102 9% io Gollmra V Chain Belt Co 8 54 12 *110% « , 54 85 16%, 11% 15% i - '- . 34% 36% 50 Cessna 3 75 % May *107'/a _ Co Central & South West Corp ^..5. CeritraL Violeta Sligat'COj.. 9.50 Century Ribhron^Mills > No par Cerro de Pasco. Corp.. ± 5 s 7 4% Jan 4%% preferred 100 Central Illinois .Public Service..—10 < CLOSED- MEMORIAL 17% 53 85 16%( x53.% 12'A 75 191/a 9% 52 % *81 ioo com 9% ' No par Central.RR 71% May 9 33% May 16 36 % May 1 8 / u 16% Apr". S 23 27% Feb 4 22% Jan r 5 ; 14 % Mar 30 9% -'52% Centr'al Hudson. Gas & Elec...No par 9 . —_i No par ♦ 21% *102% i 41% 19% 17% 1 58 48% 21% STOCK 66; 401/4- V ■ 57% 48% 12 , 58'A 22% EXCHANGE ; 15% -,..17% - " " 114 X65V4 *19% 8 2 Central Illinois .Light 39% Mar 27 29 56% Jan May 42% Mar Co v !■ • j ' • 48'% 22% > ' ' . 57% 48'A ' . < IO41/2 75% 72 157/a Central of Georgia Tty com 5% preferred series B * 11 17% Mar 22 10% May 22 • 30 13 Jan 56% May 18 Feb 1 ' 23% Mar 14 Agulrre*1 Sugar Central Foundry Co 10 4,400 *102% 104 66% 39% 5,900 1,200 '. . 4 7'/a ; ? 112'% " ■ 116% 24'/a 12% 66" *115% 47% 102 112% 116% 9,600 23% 11% 12% 103 •'15% "f ioo —1 Central z 113 23 22 •!86 " 23 40 % Dec 36% Dec 37% Mar i* 57% Apr 6 19 Mar 11 1 4 12% Mar 16 2 9 46- 55% Sep 112 IK 18% Jan " Feb 81% Feb • 18 Mar 14 29% Jan 14 14 5 24 Feb 0% May 28 30 69 % May 25 7 Jun 17 95% Nov 31 Jan 45% Jan 108 Apr 20 , 48% ' conv 24% 47 22 104 24% ■ 24'% 56% *102% 24% *24'A ■ 46 48% 70% v . 100 No par 39 2 4'A , 22 29 18% Dec ; . 31% 38% *114'/a ? 31% 39% 45 22 101% Shares 31% 38% i 24% 57% 11% ioo — June 1 . 44 48% 22 *21%" •* 24% 48% 1 the Week Friday May 31 30% > • '■ Sales fer Thursday . , : ; :"' 115% 55% 50 . common.; preferred1 5% 116 31% Wednesday May 30 " preferred series A_100 Celotex Covp common 1 % .—I 3 24 V* *114% io Celanese .Corp of Atner com 1% -'2nd preferred ■!.—__ 27 Jdn • . 38% / 38% 24'% 24'% __io common-—.., 4.20% ' ,47% May 19% Feb 18% Apr 25 , Co Caterpillar (Tractor , 5 75 * 14 I) preferred!-—J2 7'Jo" 3 119 1 Feb Jan (J - 8 21% .J an % May 29 34 27 77% May May 25 112 • 23 19% Apr 15 30% 39% ' 27 101% May v 32% 37% Clinchfield <Sj Ohio RyllOO" Corp ,c6mmon!_—— 4%% ] preferred series, Carriers & General"Corp_;»_. 26 23'% Apr 18%.Jan 55%,Jan 30% —_5 Co__ Carrier * 45 l (The) Powers Light—*—No'par ' Carpenter Sifcel Co__^________ 5 ' 53'% Jan 19 Tuesday May 29 May 28. Carolina 24 11% May 28 101.* Apr Inc (Philip) Mig Co—_ Carolina * 62% May 1C 2 Airlines - 9 52% Mar 18 Capital Monday" Par ' Mar 40% Feb -29 48 LOW AND HIGH SALE PRICES YORK STOCK EXCHANGE - 23 22 1 1 - NEW -«4 41% Feb 23% JVlay 28 Nov •' • Highest 'v 30% May 28 26% Jan Mar 15 *_" . 6 121 11 Jan STOCKS * Year1955 Lowest 68 ' ' ♦68 • • 69 ' 50 30 v 65 % Nov Apr' 3 Doc 6 109 29% July 19 68 104 59 Jan 3 Feb 16 9% Feb 25 7 Jan 8 Feb 9 103 May l 31% May 24 36 " Jan" 56% Sep 6 93% Jan 21% Jan 36 % Mar 25 Jan 18 20 % Sep 26 27 18 44% Dec 36% Jan 19 43% July 26 39 29% Jun ' i . Dec?, Feb 16 ,74% Sep- 14% Jan 21 30 % Dec . Cab 31% Apr 1 27% Apr 9 50 Aan 30 41% Jan 6 18% May 28 55 J/2 May 28 26% Jan 3 71% Jan 4 23%. Jun 1 31% Feb 1 32% Jun 1 46% Feb. 1 Class 5 Chic i 5% 48 10 39% Jan0 22 Dec 1 53% Mar 108% Jan II 30 42 % Dec 9% Feb 14 15% May 44% Jan 3 i 128- „ 30 ! .14% July 27 3 Jan . .22% Feb 7 66% Jaa • .1 142% Mar 42 % Doc 18 59 ' Jan 30 y 25 37% May 28 10%. Jan 4 1 20 % Feb 51%.Feb 101% NOV 10 17 29% July . 60 . 19'■ 4 36'% Dec 30 37% Dec 30 50% Feb Jun 1 Chic 104 % May 62% Sep "45% Mar 14 Nov 1 101% Apr 11 17% Jan 107 Nov 97 9 37% Jan ? t 1 Jan 3 23 3 12% Jan 104 % Jan 19% Jan 27 25 Oct 25 94 26 115 Oct 21 Feb" *14 17 202% Sep 103 '• Oct 33% May 31 Aug 30 41 Jan 111 4 78% Dec 4 6 13 25% Feb 11 55% Oct 11 2% Jan 17 39% Mar 14 80% May 4 . Apr 49 106 Jan 23 2% May 31 41% May 28 130% Apr 16 7 148 'A Mar 14 122 110% Apr If4 May • Aug 26 45% Jan 10 120 9 7 May 28 " 3 Jan * i 17% Jan 45 Apr 89 May 14 26 21% Jun 20 15% Jun 33 % Sep 13 27% May 28 49% Dec 30 Jan 6 16 63 6 75 50 55 8 .45% Dec 59 , 3 Jan 4 % % May 28 * Jan 13 103 41'/a Apr 111- Jan 6 Jan Ry com Del_50 1 18% 19% 55'/a 57 " 24 24%: 33 34%. 17 9% *96'A 211% 40 ' , 5,600 21% ■ 40 21% 21% 30% *30% 30% 100 23% 24% 23% 23% 13,200 44%,, 24 21% *30% 31 .. 44%,, 43% 44 *39% Jan Jan 25 131% Mar 62% convertible 94 % Mar 40 , ; 9 8 66 % Apr *393/4 16 23 27% Dec 22 15% May 28 19% May 28 May 27 85% Feb 4 82'% May 25 84% Jan 52% Jun 17 48 58 28% Mar 15 34% Aug Jan 4 1,200 2,300 40% 500 57% Jun Corp 0 26% Feb 9 38% Mar 14 47% Jan 20 8% Jan 11 11 14 NOV 18 24% Jan 20% Oct 28 25 %• 27% Feb -7% May 14% Jun May 26 34% Nov 18 12% Jan 23% Sep 1 17% Feb 52% Aug 5 45 % 111% Aug 16 44% Jan 24 23% Jan 15% Jan 18% Feb 1 19% May 28 30 % Mar 26 45% Jan Jan 4 Jan 37 Jan 109% Jan 31% Oct 19 36% Jan 10 33 7 7% May 10 48% Jun 1 11 106% Aug 17 101% Oct 28 53 % Nov 112; Mar 12 112 23 109% Feb 1 1 103 % Jan Dec 28 100 May 51% Mar 13 Jan' 7 27% Jan 6 100% Jan 13 97% Aug 11 80 July 105% Jan 41 % 7 72% Feb 28 10 99 Jun 1 Sep 8 109 July 5 102% Apr 39% Feb 26 104% Jun"l 96% May 1 footnotes see page 30% May 14 28. 10 88 104 Jan 36% 37 19%' 19% 98 204 f *194 102 i 40 > No par ,107'/a 108% *io:/'% lU9'/a 73 *72% 74% 42 *41 18% 42 18% 18% 63 66 2% 2% 43 43 131'A . *100 10 10 40 5,700 107% •- 42 18% 18% 18% 67 v- 67%. 67% 66% 2% 2% 2% 3,000 42% 42% 2,300 130% 112 v- 110 ♦128 r 4% 4% 120'A 121% *925 - __ 132 *103% ■ 120 % 109% 4 4% 121 120 2,800 121 4,200 *925 - 55% 56 131 *104 *89'/a 56 55% 55% 27% 29' 28% 29'/a - 28% 29% 28% 29 % *47% 47% *47% 47% preferred No par , 4% ^__50 series B_, Southern Ry' qom 100 noncumulative 1st pfd. 100 noncumulative 2nd pfd—100 Broadcasting *88% 47 *47 64% 47% *57% 47% : *47 48% 48'% 64'A - 48% V ' 64 *57'A 59 59 8,800 , 24 23% 4,300 15% 15% 28,800 19% 19% 19% 19% 19'/a *82'/« 82% *82'/a 82% 15% 15% 5 18% 19% 19% 31% 31 25% 263/4 x45% 46% 46 * 46% ..... » •' 31 y. 26% —10 1 It % 18% 18% 39% 40'/a 40 40% 7% 7% 7% 14% 15% 14% 15'/a 19% 19% Consolidated 31 31% 31% 19% 20% X193A Consol Edison 45% 46 of N Y $5 ___* com.—No par preferred Retail Consumers Power Co $4.50 $4.52 $4.16 preferred _—i 31 31% 2.200 25% 26% 10,700 46 46% 3,800 18% 18% 18% 18% 7,600 40% 40% 40% 10,700 7% 7% 7% 3,300 2,000 14% 15 143A 19% r 7% 14% 19% 19% 1934 32 32 • ' • 32 32 20%'. 19% 19% 6,600 45%- 46'/a 45% 46% 18,000 108% • 108'/a 108% 108% 29 29 3,400 17% 17% 17% 2,000 15% 16 16 16 35% 36% 35% 36 29 27% 27% *26% 15'A 16% 36% 27 1 8% 7% 48% 48% Xl06% 107'/a *105 106 Xl00% 100% 15% 36 8% 8% 7% *26 - . ' 8% 8% 8% *8% 7% 73/a 7% 7% 7% 48% 48% 1073/4 108'/a *105 *993/4 106 101 900 29% 17% 17% ! 2,400 29 29'A 17% 35 4,400 10% • 20'A 27% 27 * 31% 46% 40% ' 46 109 4,000 2,500 26% 17% No par . 109 313/4 51% 46 ' 28% No par • x 17% No par com —li preferred preferred ■ 27% ._10c Inc 45% 109 10 pfd Stores 109. 100 Consolidated Natural Gas_ Consolidated Textile Co Inc „ ' Consolidated Coppermines Corp—_5 Cigar Corp 51 31'/a »■* 19'/a .—10* —No par 51% 11,000 26 .. 7% xlt% 51 18'/a 25 No par Corp 30 280 23% 15% 30% Mills 200 59 ■ 23% 15% 25% Congoleum-Nairn Inc'_ * 15% 24 Solvents *57% - 23% 23% 23'/a No par Conde Nast. Publishing Co 59 23,800 23% 23% f 46 % 65% i 15% - 23% Co Credit Co *46 *64 2,500 23% 24 23% preferred_No Carbon *57% 47 " ' 64% 130 • 23% 23% common -• • " 2.59 2.50 — Pictures 46 64 64 System— A . 48% 108 •*105 48% 108% 106. *99% 101 80% 81 15% 1,700 36% 4,200 28% 300 9 1,200 7% 2,100 48% 48% 3,400 108% 108'A 300 '105 101 106 101% 120 Container Corp of America— 10 Common 4% May 9 preferred 100 Baking Co com 5 preferred i. '—No par Continental Can Inc com_ 20 102 % Mar 5 " Continental ' 8,500 2% 43% 89% par 7,100 2% 15% - ^ r : 90 42% - 43 823/4 : 20 % 67% 89% Cone . 80 74% *403A 15% Commonwealth Edison Co ( 10 107% *72% • 18% " 55'A 102 t 4% *925 56% t 75 41 204 39% 18%. 120 120% 15,700 *100% 109 40% 533A *194 t 40% *72% 4 4% *925 55% *107% b 130%. 131 111 4% -120 65% 205 4,800 97% 52% *100%r 102 39% 39%. 1,800 2,100 • 19% *96% 54% *100% 73 17,700 107 *194 51'A r 18 50 19% *41 64% 14% *104 % 36% 523/4 250 2,900 9,000 i" 107 39% ' 62% 14% " 43% 90% Commercial 11 20 14% *96% 52 49% 4 • 36% Jan 19% 97% 49% *82'/a May 14 " 106% Jan 19% 50% 43 64% ■ 36% - ,*96'/a 98 82% 3 I 0 63% ♦14% • ♦lot l/4 36% 49% 4 104 ; 20 DAY 1 16% Consolidated 47% Apr 43 •10,700 99 47 16 9 104% Apr MEMORIAL 130 56,300 27%:y P 9 106% Apr ' 14% 99"' 46% 100% Consolidated Laundries Corp new—5 4 1 Jun 63% .y; 27% "v ; 196 . 3 109% 19% 99% 42 107 27% 47 46% 38% ' 10% Jan 36% ft '98 CLOSED 500 '500 ''# ^ %26 - Consol RR of Cuba 6% 7% May 24 36% ■ STOCK ; EXCHANGE '* 60% 89% 4 i 8% May 23 60 16'/a 37% May 22 14 61% 60'/a 89% 19 27 -Jan *104% 9,500 61 14 15% 10 11 14% ► 13,100 - 27 *57 *13% 89% 23 14% Dec 27 61% 100% 9 31% May 14% Jan 13% 27% *58 196 ._ Con p—No par 21% Apr Jan 13% :27'/a1 „ 15 16 18% May 13,600 t 40 - 100 100 (The)—___—No par 34% Jan 3 Mar 16 46% 1 15% May 28 20% Nov 10 Jan *96% 15 131 Commercial 36% Mar 12 0 19% 5 • , 61% 14% 107 36%. No par No par Consol Electronics Ind Corp 1 Consolidated Foods Corp 1.33% 16'% Feb 63 'A 14% ♦104% 49% , 20 27% May 28 17 39% 98 -Combustion Engineering Inc new__l 23% Mar 19 1 5 ■ '98" ♦82'/8 49% Mar 22 106% May 60% 10 > '' par • 11 10 6,200 39% 39 % 423/a ^ >J No par Columbus & Southern Ohio Elec—5 12 May 25 58% 26% 41% - *100 $4.25 cumulative 4 22% Jan 58 16 Columbian ,.8% Mar 16 18 26% 43% 100 Internal'! Class B 21% Mar 20 44% Mar 19 58% 621/a 42 Liquidating Co Class ». 30 13 58% 3,400 - V 16 4% 36% Mar 22 Jan 33% :: No par 2nd prelerred.lOO cumulative 5%% 3 54 32% 47% Colorado ,& , 12 29% Apr May 28 34 ; 45% No par Columbia 30% May 28 333/a 61 46 1 3 45% May 24 18'% May 28 39 % May 28 * 28 45 Corporation; 26% Jan 2 24 14 I_10 _100 Columbia Gas System Inc 10 57 23% ; : new 6 25 % 25 56'A 243A 28 98 26 26,600 57'A 24% 39% 61% "■ 18% 56% - *58 62'A 18% - 58% '26 preferred—(.100-. 16% Jan Apr *13'/a • 19% Colorado Fuel & Iron com 9 59% Feb v 60% 18% Collins. &; Aikinan Corp——_No par 9 23 11 14 39% ■ 190 ri - - - Colgnte-Palinolive. Co toorn— $3.50 preferred No 5 23 % Jan 56% 27 60'/4 100 ; guaranteed 4%-- Coca-Cola Co 341/4 97% No par c . 2 ) 33 '/a I >/4 &r Electric— —3. preferred 4% 571/4 24% *168 60 - 50 "7% Jan~~9 17 % Feb 15% Mar 14 13% 10 5Q,: C.N.I. 56% ?39% 27. par, stock 5 23 May 25 37% par gtd 13 47% Apr 19 "24% 190 ; 2% 125 18% 57 %. 55% *165 41% Mar 14 5 par 1 141 - " No par Feb Feb com, —; 62 57 100,: Cluett Peabody & Co com 45 67% May 27 100,No par Clopay 34% Apr 18 49% May 10 51% Mar 12 May 27 pfd com ; Gas Columbia For No par 16 47% Jan Mar 29 ' noucuin Western Equipment Co Clevite 28% Mar 19 101% Mar 39% >-Special . 28% Mar 20 Jan 39% 13 23 61 . 43%,, 44'A __50 3% Jan 23% May 28 Jan 44% 42% 50% Jan 22 108 23% Climax Molybdenum.— Apr 108 ♦30% 23 Apr 21 17 30% 23% •24% 75% Apr , 31 7% Oct 30% l 3 32 19 % Jan 105% 21% ■124% Jan 7 *46% Feb" *96% 21% preferred Cleveland & Pitts RR 7% 10 11 44% Oct 105% ■ 21% $4.5a * 80% Mar 26 45 22% Oct 77 105 % 101 com__No par C CC &"St Louis Ry Co "com 5% nohcumuJatfve preferred Cleveland Elec Ilium r com r 9 22% Oct 23% Nov *96'A RR (The) North Common Clark 4 ' Jan *96% 18,700 preferred series A_ Coca-Cola .i Mar 14 , 900 60% City Products Corp. : City Stores Co common— 1 190, ' 23 1 7 59% May 5 60 Aug Z0 145 6 July 11 Apr 18 t ,160 Sep 15 50% May 662"% Jan 4 90 Jan 14 95 '/a Mar 3 Apr - l'avaJun 111% Jan 21 37% 60 '/a A4preferred Cincinnati Milling Mach Co C I T Financial. Corp— 990 , 8% $7% 60% Cities Service Co___ 23% Jan 109 40% May 31 - 2 9 4 26 70% Apr - 14 4 34% May 34% Jan 7 45% May 12 20% Oct 100 % Mar 8% 37% 60 i City Investing Co common t 5%% preferred 18 37% May 9 196May 28 100% May 28 23 Sep Jan • 42% Aug 18 133 % Jan X8%. 37 25 { f 20% Mar 29 46% May 24 Jan 8% ; 104 % Jan 19% May 29 94 % Feb 7 73 4,700 59% 25 - 70% May 18 30 108 9% 36'/a 8%' ■ 477/4 Jan 30 10 15 Jan 9% 8% Chrysler Corp - 28% Apr 3 40% Feb 92 50 4,900 58% Chicjcasha Cotton Oil.—' Chile Copper Co.—., ; •* 102% Apr 49 % May 41% May-22 54 Jan 23 27 191 . 800 33'A 36% $3. convertible^prelerence__No Chicago Rock Isl &. Pac RR__No Chicago Yellow--,Cab-. No t v 87 < May 21 Sep Jan ; 76 106% 32% 8% Chicago Pneumatic;Tool 5 69'% Mar & 5% ; .30% May 21 "! 25%'Apr 25 1 '30 97/a 76 *104% 60% Western series' A 5% . v U14% May 22 9 Aug 12 75 106% 33 36% common Chic Milw St Paul & Pac ,. 66 May 10 192% May 17 43% Mar - 7 Aug 29 42% Aug 23 ; 9% 9% ■10% i preferred- Cincinnati 23% Jan 190 74% *104 % 33% 40 Great * 73% 106 32% *36% 1.25 A Chicago Corp 27 73 *104% - preferred—100 convertible Chicago & East 111 27 Apr 33 x57 % Chesapeake & Ohio Ry 17 104 25 Manufacturing 2 3"% % 73 ! 104 33% 9% 8%.. 4 Apr 66% May 105 % May 2 24 % Jan 16 23 % Mar 19 13 29 Checker 72% 32% _ Chemway Corp ±._—: Chesapeake Corp or Va__i 37"; Feb ; - 3 . : 6 •30% Jan • 28% Feb 9 5 15% Jan '45% 43 13 33% Jan .___ 7 12'/2 May 4 10% Apr 13 20 21% Feb 3 Feb 42% Jan 3 96% Jan 27% Mar 25 18 28 53% Jan Oct May 108l Mar 21 16 14 LOO 17 83 3 10 % Mar 23 6% May 17 6% Jan 5 42% 26 '.Feb - Champion Paper & Fibre Co— V Common ' No pat y $4.5(1 preferred No par Chance Vought Aircraft Inc i 1 1 $5.50 $3.75 preferred ^ ——No par 77 *99 77'A 102 78 *99 31% 32 31% *104'/a 106 ♦104% 79% 102 32% 106 *99 102 32% 32% 104% 1043/4 78% 99 32% '104 80 99 32% 105 45% 45% 45% 46% 45% 46% 45% 46% *97% 98'/a 98% 98% 98% 98% 97 98 2,800 10 2,200 30 7,200 60 19 V, The Commercial and Financial Chronicle 18 . Monday, June 4, 1956 ,. (2658) MEW YORK STOCK EXCHANGE STOCK RECORO ' »««**./*<-• 84% May .4 6% Jan 3 43% Feb 14 31% July 5 11 Oct S6 Uveit Highest UvmI 3 Jan - 18 9 27% Jan 23 30% Apr 5 46% Feb 27% Mar 24? 15% Feb., 7 Dec 15 35 % Apr 28 102% Apr Jan 19 3 9% Feb 17 5% May-22 Nov 28 27% May 17 'Jun 17 15% Jan 34 Mar 15 Jun 30 5 86% Apr - 17 0 , 29 % Jan , 2 May ,< 102% MAr -Apr 2 18% May 24 22 "Artloom 10 16 35 >104% Feb 1 113 8 1 62% Feb Jan 110% Jan 09 : 3 5 102 55 Jan 23 67 Mar 14 80 137 Jan 23 173 Apr 23 55% Apr 23 61% Jan 20 Jan 3 30 % Mar 13 20 Apr 31% 31% 96% 96% 5% 6% 2.50 27% 27% __i 16 % 17% 28% 29 31% 31% Inc Inc 1 Dry Goods com Corp— s 1 preferred 5.25% 106 : 100 Co .10 -Associates Investment 53 26,400 20% 17,600 32 32-/8 31% 95'% 95% 95% 19% 19% •18'% 5% -s ■-, . 106 * 62 62 „ ' DAY ■ 29 17% 18,300 29 - ' *106 63 153% 156 - . ' Nov 162 121% Jan 18 Jun 15 62 Aug 11 27% Dec 13 30 Oct 68 13 10 28 • • Mar 17 101 86% Oct 41% Oct 3' 96% Feb 43% Jan 5 99% Feb 9 15 101% Apr 20 95 Apr 6 48% Mar 31 40 May 28 10 10 ; , , 27% Dec 19 Mar 21 5% Oct 26 *22% May 28 18 i 100 100 :• 57'/2 common'-. .10 38% 39% 39% 100 *97% 98% "97i% 97% 42% 40% 411/2 Austin 9 Conv 27% Mar 16 „ . ✓ ■< Avco Mfg 24 *17 " *17 17% 5% 98% " —- 67i/2 68% >■ 10% •• 18% 68 .10% 17 % *17 10% 16,400 1,900 1,000 300 *17 17% *22% 23%' ' - 70 10,000 10% 18% 67% 10 »/4 , -V - . ' 4-* 10% 18 V2 /" ,•/ : 23,000 ' • 17% 23% 23 23% 23 5% 6 5% 42% 43 *42% 5% 1 . < 5% 6 *42% 36,300 43 6 2,500 • ' 43 *42 _No)jar 10% 20 6,400 - 23% -22% coiflmon_—3 ~ preferred' 42 > r * of Amer.l.{T" Co (The) Corp 02.25 conv ' • A' > , 40% '■ 56% *97% 98%;.' 18% : IOV2 . 40% 10% ■ ($1.20)—-No par Automatic Cantfcen *10'A - 7% Feb 24 49% Feb prior pfef 10% 67% 1,200 100 56 : 97% : 18 ♦66% 57%; 41'A ; : " : 10% 18 18 % 66'A *10% common...*_No pur Nichols 10% 10% 18% 66 _20 --20 1 Powder 10'' 1 : preferred cumulative 5% Atlas 17% Feb 27 29 40 -5 1,200 " i; 40 56% 40 57% 28% *99 401/8 55% series F $3.75 ; 100 *99 100 56% common". New 1 11% Jan 5% May 24 42 % May Mar 30 *99 6,400 57% 28% 28% 57% 28% 28% - 76% Mar 13 19 22 8Y4 Apr 54 20 Oct 42 18% Jun 8 Feb Preferred ' , 155 153% : *57% ;. tiV v • 57% 28% 54% Atlas Corp '10% May 28 13 .16% Jan 11 Jan 18 16 16% Not 57% * May 28 4 14% Jan July 18 57% 28 % RR—-No par Line Coast ." Atlantic Refining 9 20 45% May-14 May 29 .61% Feb 410 57%' • 18 9 Dec u8 *7% Mar 14 Atlantic ■ 9 '44% May 40% Sep 96% Sep 28% Sep : 151%- 156 155 28 —_ Feb 27 63% May • 19 35% Jan 34% May 17 , 101- 27 1,200 • ' 147 - " 1 8 59% Mar Santa Fe— -50 > Preferred -SO Atlantic City Electric Co com—6.50 4% preferred 1—... 100 Common -20 ✓ 63 f Atchison Topeka & 2,600 107 63 ■ 4,100 31% 31% 107 62% *106 - - ■ 31% 31% ' * * 62 1,200 17% 29 .17% 17% 29 MEMORIAL 106 28 *27% 28 .2,600 ' CLOSED 29 5% 5% 6 - ' O EXCHANGE 31% 5% 28 STOCK 27% 106 , 61 % 150 19 ' -17% 28% ' ' 5% ' 7,500 32 »/4 95% *18% 31% ' 3,000 961% 32% - ; Common 22% 52% 20% .16% , 21% 53 3A 21% *27'A f 22% 100 20% *18V2 - 2,400 , 52% *95%. tl.50 series—.No par 2nd preferred t 30% Mar 29 29% Feb 8 Aug 15 May 27 31% 1 Co Ashland' Oil & Refining Mar 29 27% Jan 16'' 37% Sep 26% Mar 14 1 19% 34% 22 51% 20% *18% Carpet Associated * 51% 20% 5 34% 34% 21% 19% Corp Industries Arvln 31% Mk r 15 4 2d Constable Arnold 6 8% Jan 13 11 22% 50'A No par preferred 83.75 2 Jan 21% > 1,300 34% - 53 34% 5 36'% 36 22% 34 %' 1 5% Vs 36% 20% 34 10 *4% - 36% 34% 36% Illinois Shares June 1 36% 36% Corp the Week Friday - 5% *5 4% „ 5 Co of & Armour 4% 5% *4% 36 Armstrong Cork Co common 37% Mar 27 18 94 Steel Armco 18 Sales for LOW AND HIGH SALE FBICE8 Thursday Tuesday Wednesday May 31 May 30 May 29 No par Argus Cameras Inc 5 62% Apr 9 6 12% Jan -4 Monday May 28 5 Argo Oil Corp U 84 Co Inc 41% Apr 24% Oct 22 ~ , May 24 36 13% Jan 29 0% Jun 14. A P W Products 6 % Mar 19 - 08% Aug 30 18% Sep » ;♦ Par Archer-Daniels-Midland 6 18 1 4 # . ■ STOCK YORK EXCHANGE mgh«rt 21% May 28 55 % Dec May 12 36 NEW Range Sines Jan. 1 Ywr 1955 4% May 19 «'«,#(' f | J STOCKS lu(i f»r FrwltM A 43% 200 / & 5% May 22 6% Jan 26 35'/a May 24 10 8% Feb 6% Aug 18 44% Apr ;; Babbitt 6 " 11% Jan 10 10 113 Feb 100 % Jan 5 105 Apr 19 Jan 18 53% Sep 6 75% Nov 23 53 13 41% Feb 1 64% Jan 62% May 23 7 v 27 ■r. 62% May 10 9 42% Jan Jan 19 75% May 18 19 '20% Jan 23 29% May 45 2 66% Jan 18% Jan 5 26 8 38% Mar 45? Sep 15 39 43 33% Jan 3 6 19% Nov 23 38% 17,100 12% 12 Va 21,300 ' 109 *102 103 *102 103 May 28 54% Jan 6 102 8 45 Jan 17 147 Jun 29 116 Jan 23 130 103% Jun 13 107 % May 2 104 Apr 27 106% Jan 1 28 37% Jan 100 noilcumulative preferred__100 Bangor & Aroostook RR 1 62 3A 63% 63% 63% 64'/a 64% 64 64% 2,30O; 54'/a 55% 54% 57% 57 58% *57 57% 1,900 74 73% 74% 25'A 25% Ohio & common 4% Oil -4%% Bath 9 22% Mar 14 24 Nov 95 18 % May 10 common-*- preferred 25% •25% *43 44 *43 ■■ 44 ■". '• ■J-' ,'V; , 43% 43% : 16% 16% 16% ' - " ■ .4 45% 17 17 Jan 11 96 30 3 49 Oct 26% Oct 28 Jan 6 30% Jan . 17 ,/-..,* 16% '<• ■ Jan 20 Jan 47% Jan 4 Beech Aircraft Corp May 15 Feb 30% May 16 15 Beech-Nut ■ Packing 14 Feb 6 Jan 3 Bell Aircraft 2 8'A Feb 45% May 9 Bell & '■ 15 18 95 7 Apr 49 14 May 1 401 May 28 ^ 63 18% Jan 14 Dec 12 ' 56% July ? Jan 30 1 9 4%% preferred 13% May 29 15' 78 Apr 172% Feb 19% . 10 4 28% Jan 23 33% Jun 14 25% Jan 30 38% May 18 32'A May 11 Nov 28 34% Jan 23 38% Apr 69% Jan 27 00 Aug 17 31 29 Sep 26 Mar - 28% Mar 15 38 94% May 18 88 % Mar 20% Mar 15 31% Sep 29 26 39% Jan 3 20 3 Aug 23 8 •Jan 3 19% Jun 14 48% Apr - - 25'/a Feb 12 7 66% May 30 23% May 28 . 22 11% Jun 15% Mar 14 - '• 100 Mar 58 I ' , 3 Bliss & Boeing Bond 5 7 98Feb 10 May 28 95% Sep 12 6 61% Sep 16 14% Jan 3 30 Dec 30 18% May 22 29% Jan 3 64 % Sep 19 43*/2 Mar 61% Jan 3 3 % % « 57% Mar 19 101 ,i50 ,• & ^ . . 29% 29% 3,400 ; ... DAY •» 11% 22 8,700 39% 40 4,300 ;*96, 101 22 % 40% m 100 *96 - v' v,'.; ■ 12% Nov 2 20% 51% 51 51% 50% .!,*; **.:— ; 21 21 21% 21 21% 52% 52 % 142% 144% 143% 162 162 162 52 *160 14 14 < 78 *77 *76 14 13% - .*76 78 42% 43% 42%. 34% 34 % 35'A 35%: 36% 29 29% 29% 35'/2 35% 82%' 81% 83% 27% 261/a 26% 14% 15 15 14% 15 xl4% 77% 80% ... '-24% 26 ' 14% 15% 12% 12% 35 94% 53% 2o% 27% 27% 15 14% 14% 14% 14% 11% 12% „ 4,700 470 t 670 4,100 > 1,500 58% 58%. 58% 58% 43% 44% 44 44 % 94'A *93% 53'A 53 JA ; 600 47,600 82 14% *• *93% 94'/2 *93% 941/2 53% 53% 53V4 531/4 53% 2,700 3,300 • v •1% Oct 10 :> 2,600 13,500 . 12 May 23 14% Jan 31 Jan 5 54% May 10 Bridgeport 54 Jan 9 58 May 24% Apr 4%% .preferred.— Brlggs Manufacturing Briggs &, Strati,on 23 20% May 28 34% May 28% Feb 14 95 % Jan 4 Sep 26 14% Jan 6 36% Feb 6 •2 Jan 20% Jan 33 4 6 100% Apr 25 18 32'% May 25 17% May 17 Hi 6 31% Feb 91 23 43 Mar 14 14 July 25 30 Dec 9 6 42 Ve Mar 26 37% Apr 100 35 Feb Apr 27 10 15% Apr 27 % May 22 103% Jan 6 r Feb 25% Jan 38%'Jan 23 23 39 Brooklyn Bigelow & A, 47% May 8 Bucyru^-Erie 17%'May 28 21% Jan 3 Budd 95 21 29% Jan H 27 Feb 1 35% May 3 Buffalo Forge 27% Aug 17 47% Feb 21 30% Feb 13 36% May 3, Bullard Co 20 % Apr 9 8 Bulova 16 NOV 21% Dec 16 20 25% Sep 6 Mar 15 21 % Aug .1 78 Dec 71 Sep 30 12 70% Jan 3 22% Jun 92% Mar 80 6 15 23 92 Apr 34% Jun .. Mar 18 Jan 19% July 6 8% OCt 11 24 Oct Jun 30% Oct r; 73 May 3 81% Jan 67 Apr 20 77% Feb 8 20 79 May 23 28% Jan 23 15 221 31 6 «% Nov 16 12% Apr 16 8 32% Jan 3 103% Jan 3 40% Jan 23 5% May 28 37% May 28 11 % Apr H 12 14% Sep 26 •1% Jan 17 17 % Dec 21 35% 32% *97 32% No par Second Terminal 7% Jan 3 : Campbell 36 32% 32% 32'A 20% 21 % X20% 20% 20% 13% 13% 13% .13% 13 '/a 13 .100 preference 100 *7.9 39% 39 15%"- 15% 25% ,26% 26'A 26% 97/a 15 1. 19° _8 It .3 Red"Lake Mines Ltd—.1 1 1.80' 1.66% ■ 44% 45 / 2,000 * 6,300 1,700 3a 13'/a ;i3% 27,000 731/2 "74 69 " *65- -- 80 ~30 • , 21.800 39% 39 39% 50 . 69% *79 '/a " !: 800 15% 15% ■15% 26% 26% 26% 26% 11,000 9% 9% 9% 9% 3,500 29»/2 29% 4 - -2,800 29% 29'A 4 " 99% 99% /' 45% 44% *99%' 100 : 40 44% 3,700 6% 6% 6% 6% 6% 6% 6% 12,800 13% 13% 13 Vs 13% 13 % 13% 4,700 5% 37% 14% 36% Mar 16' Caradian Breweries Ltd, Canadian Pacific Ry No par May 28 25 31 56% Apr Cannon Mills No par *52 28 29%' 100 , 13% May 25 page ■ 32% ,32-a % K May 25 see 9% 29 *99% 12,600 , 92% 13% 31 com preferred Canada Southern Ry Co.. 100 443A 44% 52 Canada Dry Ginger Ale 9% 29 28% 100 32 - 9% 5 No par preferred 18 20% 79 15% 30 For footnotes ' 37% 59 6 * * 15% 32% Aug 29 35% Jun 16 6' 81 *bo '79 38% Feb 33% Apr *79 • 15% Jan 31, 21 69% 36% 98 Feb 81 75 6,200 20% *74 *74 *65 5 : __v—a oonv - 69% 3,900 45% *20% 75 1 -j Co €4 84.25 74 74 *65 ! 500 36% 17% 327/a :_100 : 1,600 96 *92- 33 32% a._l .14% 36% 32% 31% 32% com 2,400 44% 18 % 921/2 32% May 28 _ 18 *92 18% 92% 33% 96 - 45% 45 45 17% 36% 32 14% May 28 3 43% *92 * 36 5,800 100 14% 141/4 94 ya 5 Campbell Soup Cb 7* 18% 92% - 3,700 33% 33% 14% 31% 62 17% Jan 43% •• 31 ... 17 35 *96 • 3,900 . 341/2 331/2 34 100 ..10 1 California Packihg Corp Callahan Zinc-Lead 1 Calumet. & Hecla Inc 16% Mar 20* 43% Jan 35% 17% 36% 94% 14% 92% *92 Copper & Zinc .1 Byers Co (AM) common 51% May 3 8% Apr 13 14% 92 % 42 % —5 21% 35% 33% 331% 14% x34% 21 36% *96 92 1 participating 32% 33 56 21% 36% 33 V2 33% ' 100 92 No par Butte 7% 33 *96 14% .. 5 _— 36% 35% 36 33% 100 "200 57 ♦56 56 21 : " 89% May 28 28% liar 14 57 ■"20% u * 64% Feb 63% Dee 30 10 *55% 20% July 15 100 7 25% Jan 57% 20 % " 11 44% Dec 13 4%% Butler Bros 9 *55% 15 preferred 5 20 49 .1 preferred 3%,% 31 % Jan Jan 14 67% Jan 4% 17 5% Feb 48 3A ' Co-Inc Burroughs Com 12% Jan 3,600 12'A •47% No par Burlington Industries Inc 6 46% July 28' 6% Aug 15 15% Mar 3 7 Watch Bush 23 49 12% 47% _3"' — 8; 9% Jan 48% 12% Co 9 25% May 5,100 50 12 47% : .J, 16% Jan 99 1,000 12% 2.50 — 41% May 3 47 12 —100 Gas Co 10 4 19% 46% 12% .3.50 C6 common... Apr 36% Feb 37% Oct 85% Mar 3 (The! preferred" 22% Feb 1 12% Aug 26 2% May 17 $5 19 22.' 103% Jan . Mar 16% Jan 11 >3% Jan Mar 13 13% May 28 •9% Jan 26 18% Jan 23 19 46% 12% * 91% Jan 25 23 >■ 6 19% 46% .5 Co. Brunswick-Balke-Collender July 21 95% July 29 15% Jan •5% Jan 20 19% 46 BroWn Shoe Co Inc— ; May 10 Union Brown . 19% 45% common Bristol-Myers Co common '3%% preferred —: 2 29 19% 45% .2150 : Brdss Co 19 44% 50 Branlff Airways Inc t- 19 100 45 35% May 32 100 preferred 19 24% Jan Ja~n~28 Aug 11 5% 66% July 20 24 86 RR— Maine .Common 18% Mar 28 May 10 28% . - 5% 5% 38% 37% 15 15 45 1,400 5% 5% 5% 5% 38 %' 3 8'A 38% 38% 38% 5,500 15 % 15 15'A 14% 15'A 11,400 5% 90% ♦90 92 ♦90 *90 92 30 89% 92 par 62% 62 62 *62 63 63 90 62 *62 100 No *30% 31 •- ♦29% 31 31% 53 *29% 31% ♦52 31 31% 52% ♦30% 31% *52 31 317/8 53 31 *52 23,200 31% 53 f 3,500 12% 58% *93% 43% 35%: 81 /. - ; 8,800 *: v, 12 44% 25 ' f, 29% 2 7'A *26% 12% 44 58% 42% 2,900 36 2o% 58 58% 15 L__ 5 ..100 3,200 ; 42 28% . . 25 ,14% 12 78 35% : 35% 80% 35 % 29% 35% 29 28% .,*' 41% 43% 33 1.25 *76 , 44% 1,800 14 13% •. 78 ; 41% -k 1,500 28,400 "1 * 200 144"% 162%- 162% ♦161'A' 163%* 14 13% ; .. 141% 145 .7,900 ; 52 51% 51%' 51% 144%, 32 37,600 2 31% 31% 31% 31% . 1% 2 1% 2 31 31 20,900 51% 1% 2 1% 50% 20J/8 20% 31 —1 49'/B.Dec Mar 14 38 1 ;l ■ "k ■w • . j . ' 14 V« Co__ 1,300 11% 21% 12 217/8 " i X 40 '29% i '■ 2,500 43^ *40 .. 101 ■ 201/2 43% 26% preferred Boston ' *96 20% ♦35% (The) Edison CLOSED 40 '. 20% 42% 12 40 3,000 • 29 Vs MEMORIAL i 4 89% *88 89% ; 20% 12 41 ' ■ *42% x233A Inc.—- Boston 277/s No par A i_ Co 26% 5 5 : Borg-Warner Corp 'common. 3 36% Jan •' 27% " 2.50 Inc <Si Brass Corp. Book-of-the-Month Club Inc Borden 12 12,700 No par Laughlln Airplane' Co Stares 19% ' 22% 49 ——1 Bon Ami Co class £' 104% 19% *88 STOCK -EXCHANGE 29% 11% 21 *96 j—10 <E W) Co.i _ Jan 1 Co 104% 19% 26% ' " —100 (Delaware) Bliss Class B 50% Apr May Co f ■ •3% Jan - Mfg Bohn Aluminum 17 53 % Decker i 12% Mar 16 64 & Blaw-Knox 34 % May 91 % Nov 15 Black 29 11% 21 40 (Del) pfd series of 1951-'. 89% 20% 43% 20% —1 Steel J i 104% 40 19% ■. ' ' ■ 29% 28 3A xll3A 51% 4%% 2 , 140% 20% Apr 20% May 17 Jan 43% com—No par 7% preferred —; i —LOO Blgelow-Sanford Carpet (Del) com.5 7 May 1 May 29 38 % Jan 29 1 28 -14% May 31 11% Jan 45% May 20 1 peso Co 800 48 130 104% ; ..' 27 *88 19% —1 11 32% Feb Dec Consul Mining 26% 43 3A 19% —4 Co Finance Co 8c Bethlehem 13 Jan V: *• Best Foods I 7 16% Jan 84 - 22 24 Dec 104% 18% 193A *43% 8 Best 9 5 40 43% Nov 29 * •>; Benguet . 17 Jan 11 •1 '104% 105 26'A ,27% *88 89 % 100 — • - . '4" —10 common Aviation* Beneficial - 53% May 10 167% Apr 17 16 33% Oct 9% Jan 158 9 Sep 85% Sep Dec 23 140% May 28 Nov 18 ■ 33% Apr 30 44% Jan ; 8 Co 130 *115 ' —10 1 1 ; Corp Howell Bendix 2 2% Feb 24 6 Jan 18 Jan 12 1% Jan 31 May 21% May 30 172 7 Co Beldlng-Heminway 27 169 % Dec 6 13% Jan 74 : ' 50 11% May 29 35% July 25 6 pid 4%% \ 1 700 • j 48 1 .100 1 (A S) Creek RR Beech .. 20% May 25 2 7 150% Sep 18'A Beck Shoe 3 127 6 22% Feb Mar 14 43 *104% v 16 24% Jan 43 16 59% Mar 26 101% Jan 100 : ■' T' " ■ 130 2.50 i 10 4. 2,100 , *115 48% 48 49 *115 —1 25 101 8 Apr 22 1 *40 130 Beckinan Instruments' Inc ■ 19% Sep 49 *115 ; Feb 42% Apr Oct 14 48 49 100 Inc.—;—t Mills 17% Jan 38 17 •6% Mar 14 34% May 24 Nov 91 May 17 10% May 25 July 11 Jan 88 Mar 18 26 22 Beaunlt 31% Mar 19 23 25 % Jan 30 29% Dec 18 11 12.50 Beatrice Foods Co common 3%% conv prior preferred 4%% preferred j Mar 28 1 1,200 "',l4 . 45% 44% 'V.' .-V ; ; j 3,400 73'A 43 45% •J."' 25% 43 25% 44 *43 . 73 25% 74% 73% 25'A ^ • r ■ ■ •' 44% 16% ' - ■ t 43 —10 No par Corp t-:.: • 50' ... Works Iron 72% A. 10 Corp.—— ■ 20% Sep 40 54% Mar 16 50 26,100 49% Bayuk Cigars Inc 20 38% Dec 13 - , 48% - Jun 24 133 180 103 ' 57 Jan Dec 48 7,100 33% 109 % ♦102 49% *' 9 19% Jan 110 102 • 48% Barker Brothers > 110 109 49% 43% Mar 22 6 32% 109% 33'A 33 33% 109 48% Barber 4 16% May 22 72% Mar 29 14% Jan Jan 37% 12% 109 ' 60 39 12% 49% * Sep * 33% 33% 2,200 • 38% 121/2 12% 12% 12 33% 6% 6 A 38% ' 46 3A Baltimore May 10 68% Jan July 14 13 6 48% Nov Jan Baltimore Gas & Elec Co—No par 4%% preferred series Bt 100 4% preferred'series C 100 2 6 6 6 37 373A . 1 106% Apr 35% Jan 30 Baldwln-Lima-Hamllton 12 35 % Feb 32% Jun 5 12 105 14 Jun 15% Jan May 28 35% Aug 12 113% May Mar 31 99 12 24% Mar 30 6 30% Jan 109 6 6 ■ 36 new__9 Corp 13 (The) Wilc'ox Co Babcock & 5% 1 Inc T) (B ' . , I Volume 183 Number 5539 . . The Commercial and Financial Chronicle . (2659) NEW YORK STOCK EXCHANGE STOCK Range for Previous Lowest Range Since Jan. 1 Highest - : -• * Lowest/'Highest STOCKS " NEW V Year 1955 ; YORK 6 42 'A Dec 30'/e Mar 14 38% Sep 21 25'A Oct 36% Apj 6 112 10 11 Jan 23 121 Mar 15 Nov 30% May 28 26% Jan 41% Feb 1 31% Jan 42% May 9 23 23% May 28 "114% May 23 22 3 EXCHANGE .►23 Jan . 121 23 64% Feb 18 49 % Aug 16. 17% May 18 ■*' 52% Mar- ~ 53% Mar 2 48 23% July 7 ,2 19% Dec 19 Dec 12 3 101 % Apr May 16 9 55%.Jan 23 5 10 105% May 26% Jan 29. 130 102% Feb 8 19 Vb Nov 114% Nov 72% Dec : 21V 83 ',18% 27 37% Dec Jan 26 19% Apr Jun 34 v. 27 Feb • 8 7% - . 13 47% May ■19% Feb 38% 241/4 —10 x23% couv Celotfcx 2 common 5%: preferred • Shares 31 VB 31'A 38% 39 243/a 24% 24% 1,200 116% *115% 116% 24% 24% 233/4 24% :,;■ 10 4,400 £ , (' 31% 393/b *114% V ; 30%: 38 Va > 38% 9,600 « 5,900 241% 115'% 115V2 24'% 243/4 44% 44 45 46 57% 563A 57% 57% 58'A 57% 58: 48'/4 22 48% 48 V* 48% 48% 48% 48'A 22 22 22% 22% 213/4 11% 213/4 12 Vb 12 12% 11% 12 24,000 102 "103% 103 330 • *2l%" > 11% '12% 101% 103>. 70% . ' —100 102 71%, ♦102 % 104 • *102% - '. • ; *24% ' , y- 104% 75% 72 '■"15%' ,15% 100 - - ; . .47 STOCK , 75 EXCHANGE 104 ,X15Va7 I53/4 ■ *102% CLOSED , 47%. *102 753/* 104 15% 74 '• - 1,300 6,400 320 , 400 75% *102% [ 15% 47% 14,500 104 15 Vz 153/4 ,112% 112 Vz *1103/4 ',.'66 ?. 39% 1 66% x65% 41% 40'A' 41% 41% *19% 19% 41%, 41% 19 Vz 19% 19% 19% 19% 17% ♦17V4 16,600 42 19% 20 — the Week June 1 48% 10 ^ Sales far Friday May 31 55% preferred series A_100-• Corp ••• Thursday, :• , 44 ___l — 31% , 1 - May 30 24Vb - LA—__ Wednesday 241/4 " 25 , of Amer■coin—No par preferred 1 116 ♦114 Vz —50 common 4.20% 2nd 4%% ,</ 3 u 25 Preferred /CelaneseCorp 27 Jan 30% 39% (J X) Co common-—— 12.50 * 7%v preierred 100 V' Caterpillar fTractor , 3 Feb 75 A , * 5 * 21V8.Jan 14 18% Apr Jan 32% 37% Case " 77%. May 119 • 30% 5 ^ v 5 104 1 : 4 Vz % preferred series-, *, Carriers & GeneraFCorp-t— 9 ■ % May 29 65 23 1 27 18.'/2,Jan V 112 26 119 % Jan 101% May 2 15 V May 25 3 July 26 Jan 27 t 11% May 28 July 20 24 23 Vz Apr 25 '45 127% Aug 61% Dec Inc Tuesday May 29 May 28- RyllOCT" Carolina Power tSc Light—No par Carpenter Stfcel Co_V.;:il_:__l„__5 ...* Carrier Corp>c6inmon_ —10 •' 2 53V2 Jan 19 13% Nov 9 62% May 16 MaylO 116 1 Mar 57% Apr 1 20% Jan ^ Airlines Carborundum. (The) Co— Carey .CPhilip) Mfg Co—: Carolina Clinchtield &, Ohio . RECORD* LOW AND HIGH SALE PRICES <• ■ Monday*, p„ • 27% Apr , ' i8 Capital 29 Vb Mar 20 40% Feb -29 48% Oct ..-A'.'. >»'• . 7 • 114 *110% 66- MEMORIAL day 114 65% , : 112 ■( ;. 65% 22 29 18% Dec 79% Jan 3 '14% Jan Jan Feb 26 15% Jan 51% Jan 9 30% Sep 6 9 40% Dec 22 36% Dec 22 33'% Jan 13% Oct 4 a% Jan 4 20 Apr 14 4 y-17% July 21 Dec 66 23 % Mar 14 29% Jun 15 17*/b Mar 22 5'/a Sep"20 57% Nov May preferred 4'/a % 9 16% Apr .. 28 4% Jan j; v 112 65% Apr" Dec 104 29 % S 6 109 V Feb 3 July 19 68 V Feb 16 9% Feb 25 65% Nov 30 6% May 17 6% Jan 5 59 : Jan 26 83 " 653A • 20 3,500 6,200 . 1,100 May 1 31% May 24 108 7 10% Mar 23 Jan 8 Feb 36 " 42% Jan 93% Jan 17 21% Jan 18 56% 6 28 Jan Sep 26 100 V.Oct * Deci 23 Vb Mar 1 V 37 * Feb 15% Jan "6 ■45% Feb 10 74% Sep 1 14% Jan 21! 30 % Dec 19 •30% Jan 13 48 39 16 39% Jan 8 '■ 29% Jun Dec 53% Mar 108% Jan 11 30 42% Dec 9% Feb 14 15% May 29 Jan 3 7 ; 66% Jan 18 18 Vb ^ 3 1 7 7- 1 , ... 9 60 43%, Mar - 'I 69 Va Mai* 87 1 ' ,Jan Chile - , 3 Copper 17 Aug 4 36'% Dec 30 29% July \Sf 104'% May 9 37% Dec 30 42'% Aug 23 50% Feb 62% Sep 23 28% Apr 3 • ■12 Nov 1 17'A Jan 107 70% May 8 3 Jan 23 12% Jan 30 Nov 10 40% Feb 15 30 19% Jan 27 25 Oct 25 94 20 115 Oct 21 18 Jan 9 104 Jan ■ ■ 23 109 46% May 24 Feb" *14 191 92 Jan 17 33% May 31 108 Aug 30 73 Jan 4 202 % Sep 103 * 41 • Oct 6 Sep 13 Jan 111- 196 23 4 78% Dec May 28 34% Jan 26 5 70% Apr 7 Apr 42% Aug 18 45% May 12 II 25% Feb lbVaJun 55% Oct 11 80% May 2% Jan 4 100'% Mar 34% May 4 17 39% Mar 14 133'% Jan 9 4 111% Jan 6 122 V 130 % Apr 23 16 110% Apr Aug 26 45'% Jan 10 If4 July 11 145 Jan 1 2% May 31 41% May 28 7 Aug 2Q 120 Apr 18 I ,160 Sep 50% May ft 62% Jan 90 2 Apr 49 60 148 % Mar 14 990 . 14 9 May 7 May 28 -- 55 Apr 26 95'% Mar ,8 21% Jun 20 15% Jun Mar 14 33 '/a Sep 13 27% May 28 45 3 89 Jan 6 ,45% Dec 16 63 Mar 29 45 6 75 ' May 27 '62 59 Jan 66 Jan 17 49 %;DeC • 3 Jan 13 41% Apr - C C O & St Louis Ry i 9 5% ; noncumulative (' • Cleveland 30 May 14 57 $4.5a preferred, Cleveland & Pitts RR 7% 4% 13 25 cumulative C.N.I. 2 62% jan"~9 94% Mar 9 9 8 66 % Apr 16 Colorado Fuel 7 ;5%% 21 23 Vb May 28 22 23 28% Mar 19 15% Mar 1* 17 '/a Feb 23 23% Nov 27% Dec 22 15% May 28 19 Vb May 28 82% May 25 84% Jan 48 58 11 *46% 85% Feb 4 52'% Jun 17 34% Aug 19% Jan 25 57% Jun 0 26% Feb 8% Jan 11 24% Jan 11 Nov 18 20% Oct 28 27% Feb 7 34% Nov 10 *23% Sep 1 . 18 12% Jan - preferred 45 »/b Jan 6 52%'Aug Jan 5 111% Aug 16 23% Jan 8 44% Jan 24 108 5 4 26% Jan 3 Apr 1 17% Feb 10 23% Mar 19 Consolidated 45 % May 25 106% May 1 27% May 28 49% Mar 22 109% Jan 20 Consol 36 % Mar 12 Consol $5 .'—10" —No par Edison of N Y corn—No par preferred No par Electronics Ind 21 Va 37% May 22 4 Consol 9 Consolidated Retail 10 % Jan 9 Consolidated Textile Jan 6 8% May 23 7% May 24 47% Apr 20 18% May Apr Consolidated 9 RR of 106 %. Apr 12 112 3 $4.50 104% Apr 23 109% Feb 1 $4.52 1 103% Jan 4 $4.16 May Jan' Jan 6 101% Mar 7 27 Vb Jan 6 100% Jan 13 97% Aug 11 For 80 July 7 105% Jan 10 41 % Sep 8 109 July 104% Jun footnotes see 5 72% Feb 28 99 Jun 1 30% May 14 102% Apr 26 39% Feb 10 1 page 28. 88 104 Jan 11 36% Jan 4% 18 20 50 May 5 6% preferred ; 29'A *47 477/a i 47% 48% 46 47% 47 7' ' *47% *47 *46 46% 30 64 64 64% *64 65% ■280 59 *57% 59 1 64 Co 23,800 * • . 200 23% 24 233/4- 23% 23% 4,300 15% 15% 15 Vz 28,800 19% 19% 193/4 19 % 19 Va 4,000 *82 Vb 823/4 *82'% 3A *82 Vb 82% 49% 51'A 51 51% 51 51% 31% 31 31 VB 31% 31% 31 31 Vb 2.200 25% 26% 253A 263/4 26 203/4 25% 26'A 10,700 x45% 46% 46 46% 46 46% 46 46% 7% ■7% 14% 15% x193/8 7% v • 14% 19% 18% ; 19% 20% X193/4 20'A 45% 109 46 109 45% 109 : : • 1 45%- 15% • ■■■']■ 17% 16 15% 16% 35 36% 27 27 35% ♦26 8% 8% 8% 73/8 7% 48% 48% No par xl0C% 107% No par *105 106 Xl00% 100 3A 48 3/8 1073/4 *105 ♦993A . 48% ■ 1 108 Vz 3,800 - 7,600 10,700 143A 7% 14% 4,400 3,300 193/4 19% 19% 2,000 32 32 32 2,'400 20%; * 19% 19% 6,600 18,000 46 VB 45% 46 Vs 108% 108% 108% 900 29 29% 29 29 3,400 17% 173/4 17% 2,000 i 16 353A 36 27% *26% 8% *8% 7% 7% 73/B 48%, 108 Vz 108 106 101 15 7% 8% 73/b No par 7% 16 ■; 8% 7% ■ 2,500 ' 27% 36'A 1 ■ ■ 17% . 29 ._10c 32 19% 46 173/4 ' 11,000 40% 19% • • 18 Vz 40'A 147% f 109 17% 18% 40% 7%- : : 313/4 18% 40'A '■ < 19 Vz 313/4 :: 1 15 Vb 19% 31% 82 r 75/8 31 • *105 15% 36 48% 108% 106 v *993/4 101 ' 80% . 81 153/4 1,700 36% 4,200 28% 300 9 1,200 7% 2,100 4 8 3/8 48% 3,400 108'A 108'A *105 101 106 101% 300 ■ 120 Corp of America— 10 i. preferred $5.50 i' 233A 17% —• 2,500 15'A com _——, 130 ' . " - *57 Va, 29% Inc 89% 23'A ._100 Inc ' 233/B 10 Stores 90% *47 59 27% pfd • 100 Continental Baking preferred Continental 9 102% Mar Corp Common May 14 106 Vz Jan Cuba preferred preferred Container 61 Foods Consumers Power Co 51% Mar 13 4 100 28% 28% Consolidated Laundries Corp new—5 16 1 28 29% 27% Consolidated Natural Gas_ 31% May 14% Jan Dec 28%- 1.33% 19 * >■/; 1 Corp 8,800 29 VB Cone ... 4,200 55% 15% 18 __ 121 55'A 89%' 153/4 Conde Cigar Corp _• Coppefmines Corp—5 2,800 16 VB -8% Mar 16 Mills Corp Congoleum-Nairn Inc' 56 *89 Va 18 Va 4 121 120 [1 *925 > 55% 403/8 Jan 4% 16 18% Jan 131 2,300 109% 4 3,000 • - 40 .... *128 121'A 8,500 f. 2% :< 18% 10 104 120 % 7,100 42% *104 - 4 VB *925 v.i 2% 42% : • 90 89% 40% No par ; 20 \ 16 Vb If'/a Publishing Co 2% 132 80 . ... 28% 29 48'A 42 107% 89 Va 1 39% 15% May 28 28 27% 74% *403A 4 Vb 56 1 23 101% Oct 16 *72'A *1033/4- 110 !•' , 107% 15% 89% 16 — 25 Consolidated 3 55% Commonwealth Edison Co 34% Jan Mar 120 Vz ♦925 Commercial 3 53 VB NOV *88% ' " 4»/s (. ; •» 433A 130 % 112 120 120% 55% ""56 %: 2% 42 V* . 4 44% Mar 19 33 112 , *106 4'/b 21% Mar 20 36% Jan 109% Jun Vb —10 10 11 ! 111 *100 V 2% 43 1303A.131 .' 19 Jan 2% 43 ' 303A 31% Oct 106% Aug 17 2% 43 5 20% Nov 10 Jan 108 67% 109 10 5,700 18% 66 3/4 7 Engineering Inc new—1 Nast 10 '/ '. 673A 67 80% Solvents * 102 40 15,700 204 393/4 67% 65% 49% Co 7 *100% 40% 18 Vb *82% 49% Credit *194 ; 4,800 53% 18% par 13 19% 97% 52'A 18%. 19% Commercial 2,100 *96% 102» 1,800 37 19% ! 54% A 205 t" 17,700 • / 75 19% Combustion 36% • 19% 98 04% 41 IS '/a 30 Jan 36% 9,000 14% 107 403A 5 54 62% 143A *104% *72'A 15% 29% Apr • J 250 2,900 *107% 24 12 27 36 3A 233/4 Columbus & Southern Ohio Elec 64'/a 107 10,700 43% ' 74% 15% 36% Mar 22 43 i 42 23 Vz No par ¥ 109% 23% preferred-No 56,300 v *41 15% Co-—: 99 47 *72'A 23% Carbon 27% 99 " 14% • 39%. 24 cumulative 27% 46% 523/4. 15% 16 % Feb .Jan 63% *14% ■ 52 23% 17 11 DAY 36% 23% 18% Feb 7% May lfl 46'/a Jun 1 MEMORIAL •• *10tV4 2.50 11 14 143/4 107 No par —— 7 14% Dec *107% System— --.2.50 Columbian 130 60% / 42 *57% $4.25 3 12 '500 99% : *1003A 59 Columbia Gas System Inc Columbia Pictures common 6 500 61 60 43 *194 *57% ——i—— 1: 27 273Av 42 > 40 noncumulative 2nd pfd—100 Broadcasting 14, 27 *57 47 102 64%, B fa 39% 48%' 15% Jan 7 46 204 47% 7 Class 6,200 13,600 *13»/a 27'/a % 26 *98 19% 64% .'—50 > CLOSED *1003A ■. 131% V " *96%. 47 37 Marl0 STOCK' EXCHANGE 19% 100 .Class-A 9.500 58% 39% ■393/4 •"«' 61% 97% 100 22% Jan * par No par com series-B— 19% May 28 30 Vz Mar 26 25% May 26 42% 6.7'8 ' 3,400 13,100 33%' 58 4 40 Vb *194 *925 14% Jun 20 14 413/4 V V- r 66 -120 39% May 28 -7% May 4 9 47% Jan 7'% Oct 47% 503A 61% 60 18% No par Iron \ 32% 26,600 • ' '• 7 18% Corp___No par coin— 10 45V2 May 24 18 % May 28 18 98 63 No par & 500 18% 1 18% > 13% 13% 27 Va *58 » 18% 4 25% May 28 Feb 38'% Mar 14 17 Jan 16 % Jan 1 • 26% 1 39% '••'■■ * May 25 .'. 30% May 28 2 28 18% 1 Corp_:_„_No 40% 73 V 100 Southern Ry (;om noncumiflative 1st pfd_^ /4% >74% 28% Mar 20 Apr 5 61 '• 19% 108% 73 *41 50.. Colorado .He , Columbia Apr V : 14- 98 49% .107% 50 No par $3.50 preferred 2,300 , fi' 34 *96 Va :, No par (The)—,.— Internal/I 1,200 44 *393/4 19% Vz 5 8'/4 f 393A 14%- 19% 39% f 'it 43 Vz. . 40 183A ; 45% 1 100%- 2nd prelerred_100 Collins. &; Aikman 9 59% Feb 58'A 26% 7 - 50% 38H4 —— Coigate-Ealmolive. Co 5 23 Vz Jan *39% ;■'*? 62% 363/4 1003/4 Liquidating; Co__ Coca-Cola Co 44%., y- 61 VB *104% 100 2% Jan V; 190 *58 ' 196 413/4 47% Apr 44'A;: ; 61% ■' < 196 . _1 131 Vz Mar 13,200 333/8 28 98 46% No par 125 100 23% 34'A 36 3/4 *96% ; Corp 21% 30% 23% 57 107 19% 5 1 preferred 21% *30% 24% 24*' I43/4-,... 36% Corporation; 7% 21% 30% 56'A ■r 15 _v__ 21% 23% " 23% 4 " 14%, No par gtd 900 57'A *13% 62% 46 ♦104% Cluett Peabody & Co coin 31 44% Oct 7 5 _100 Clopay 5 32 28 % Mar 15 —10 4$r stock 105% 24%; ;7v, 39% •26^' 98 , 16 7 23 26 97% 45 13 Jan. 11 May 27 - 3% Jan 22% Oct - '• - 50% Jan Clevite guaranteed *96 'A 105% 5,600 18,700 ' - *30% > 24 ' 40 56% 603/4 Climax Molybdenum Special 60% w 1,10 ——, • • Vb 24 27 23 141 21 % *168 27, —100 com 60 563A 14 7- Co com—100 ? 60% 24% , 39% >/* ,87/B 37% 57'A - 13% 60 4,700 8% 37% :. 33 Vb 37% 28 9% 9% 8%: ' par, 60 4,900 24% par 10 >i.50 33'A 19 JA 343/4, 190 800 106% 32s/8 37% *96 Va 31 . 76 *104% 56% 57% w 3 Mar I Feb 14 55% 24% Jan Feb 23 7 ♦165 25. preferred Ilium 5,300 100 V 183/4 243/4: '.. 75% Apr 34% Apr 18 49% May 10 51% Mar 12 47% Jan 67% May 27 1 24 33 10 *22% Oct 77 Elec 6,000 60 'v 393/4', 18% •19% 57 55% No par - 18,000 7 37 593A 40 Jan s x8%. 433/4;,, 44'A % . 80% Mar 26 45 VB ■ 9% , 105'/a 44% 4%% convertible preferred— LlOOClark Equipment Co new,. 15. 6 Jan 58% *96'A 101 33% 93A ; ' 4 May 28 111-. 60% *96% >: 76 • 106% ; ' 393/4 - T, > *08% *104 Vz . V 42% common preferred "• 75 74% ■ivYA.' 8% 43%- 5%% 69 33 36 Vz 63 V4 Coca-Cola 4 14 17% Jan j 3 Jan 8% 36 Va No par City Products Coi^)-. ; I City Stores Co common—: 15 Jan 21 • 103 '• 40% May 31 20'% Oct % Jan 196 23 »: ; ;v - 8% 60% t 7 *68 . 36% X57% No par City Investing Co / 18 59% May 100% May 28 106 % Jan 37% May 3% 69% 97/b 42 " 29% 9% 10 VB Cities Service Co— 20% Mar 29 19% May 29 94 % Feb" i7 104 % Jan 100 31% 3% __50 1 8,200 29% 33% C I T'Financial. Corp——No par » 613/4 31% Del_50 : 200 60% 4,000 35/B 73% 21% &r Electric— 10% 32% 106, 23% - 14% 10% 3% 323A ♦30'A A'f'.Preferred Cincinnati Milling Mach Co r 73 21% ; 37 14% 29'A *104% 24'/b,; —i i / . 3 54 " 30 May Gas Common v 6 27 < 49 Vb 47Vi Jan Sep 11 4 41% May 22 " 101% Apr 2 102% Apr May 21 37% Jan . 1 45 Vu Mar 14 25%'Apr 25 97 r 30% ; 36% ' : ■. 31% 35/b 33 21% Qo— Cincinnati 23% Jari 100 73 23 Chrysler Corp I 900 61'A 30 •'* 104 30% convertible; preference $3 34% 60% 8% 1 5 3 4'/a 11% *36'/a 40 Chicago. Rock Isl & Pac RR—No !:14"% May 22 I Chicago : Yellow-Cab-i. .1—No 30%-May 21 v' Chicjcasha Cotldh Oil 1 Jun ; .192% May 17 25 51'% Feb ■ 18 Jan 20'% Feb >7 ; Aug 29 . 37% May 28 10%. Jan 4 May lO 2,100 35 14% 1 9% "5% sei'ies A noncum pfd 100 Chic. & North Western com No par 5% * preferred series A— 100 Chicago Pneumatic Tool com———5 ; 30% 37% 32% 7. 100 — 20 30'/a 36% 68 1 A>—1 1,000 *' 108 31 68 2,000 '. 30% *10% ' com__No par ChlC;Milw St Paul & Pac_ t 1 66 72% 104 1.25 Great 5% 31% Feb ? RR *107% V " "■ preferred- ' - . 297/b 3% 683/4 108 *14 'A 62 30 3%: *673/4 1 (The) Western Ry com preferred' J_— Chic 46% Feb. 30 convertible Class 6 26% Jan 10; Chicago Corp 27 71V* Jan -.4 128. ;; .14% July 27 59 .* May 28 30% 3% 61% 29 % ? 16% 54 30s/8 « ; k'!' Manufacturing Chicago & East III 5 Apr Cab 3"V2% 16 41% Jan 30 44'% Jan 3 .22% Feb 2 55'% May 28 30 101% Nov 2 23'% .Jun V, 1 32V8 Jun • 1 >• 1 142% Mar 42 % Dec , ; : 22 Jan 50 29H4 1 Chemway Corp L— 1 Chesapeake Corp or Va„1 5 Chesapeake & Ohio Ry common—25 4 27% Apr v. —.11 Vought: Aircraft Inc Checker 31% Apr 27 , 9 43% July 26 19 Chance 13 A 24% Jan 62%, f,\ 400 16% 54 113/a • 89 ' 16% 54 15 ..*10% 9,000 34 Vz - 37% *14% 11 30% $4.50" preferred t-l—-i-.—_No par ^ s 4 4 Apr 66% May 105 % May 17 tV 5 44% Dec 36% Jan - 287/a Feb 9 33% Jan. 18 May 10 Vb Apr 20 13 3 43 3 2r% Feb 36'A Mar 25 V 27 9 96 % Jan 14 7 12 Vz Mar 21 53% Jan 27% Mar 25 18 20 % Sep~ 16 3 Feb 42% Jan 103 * V 15 60% Champion Paper & Fibre Co— * Common L— No pat 3 <*37 *14 28% Inc_, '•1H' 37% 30% Xll *86 2,100 16% 35- 1,300 9% 5 6 Vz *56 86 ,? 17% 9% < 54 *107% 30% 17% 9% 57 86 108 : 34% > 1 ^ 1 30% 35 5 i__ — : ' ! May Gotham Chain Belt Co 108 17% 9% 543A 85 16%"- 16% 537/b 54 . 108 36% No par • Chadbourn . V 54 30% - 9% 54 85 ! 163/4, 34% ... 9% 53 85 *107% West Corp L—5 A Sugat Coj__ 9.50 Certain-Teed Products- Corp Cessna Aircraft" Co ,j 3 8 *81 50 173/b 9% x53'% .1 —lo J—— 17% -52% .7.16%v . 100 —, of,N 17%. 9% 52% • 100 CerttraL Violeta Century Ribhon, Mills Cerro de Pasco, Corp ; , • SO Co Central & South 7 75 Va May preferred ;Central.RR 71% May 9 33% May 16 36 % May 1 23 B- Central Illinois ,P.ubjic Service .> S \M4% Mar -aeries —B ___i No par com par 39% Mar 27 ■ Georgia Ry Central Hudson. Gas & Elec—No par Central Illinois .Light toom_—No 1 42% Mar 15 3 Vb May 8 54% Jan ? 9 18 Feb 32 29 27% Feb 10 7 Feb 22% .Jan " Oct 43% Jan >•; 5%- 56% May 18 10 10% May 22 56% Jan 30 - 30 Central of . " Jan Aguirre1 Sugar Co Foundry Co —_1_£ ■'Central 11 Jan 113 27% Jan 23 33% Jan 23 IP Central i 13 86 16 106'/a Apr 81% Feb 4 12% Mar 16 57%~Apr 6 19 Mar 11 1 Apr 55% Sep 37% Mar 14 4 18% Jan - 2 Mar 14 • ?. 2a% • 14 9% May 28 18 7 21 Feb 17; 46 112 7 ;24 30 14 5 Jun 20 95% Nov 31 45% Jan 108 Apr 11% Nov 69% May 25 Can Inc 77 *99 77% 102 78 *99 79% 102 ♦99 7 8 34 102 99 5 31% 32 31% ' No par *104% 106 *104% com.. 20 45% 453/4 45% 46% 453A 46 —No par *97% 98% 98% 98'A 98 Va 98% Co com L 32%, 106 32'A 32% 104'A 1043A 3/4 32% ♦104 80 99 3 2'A 105 45% 46% 97 98 2,800 10 2,200 30 7,200 • 96% May 1 $3.75 preferred ; 1 ' ' 7% Jan h 6 "37% Jan 18 + - STOCK " 22% Jan 19 >• 60 1 1 The Commercial and Financial Chronicle 20 STOCK EXCHANGE STOCK RECORD NEW YORK j 10 Range Sinee Jan. ' Highest lear 15*55 Lowest ' 19% Apr 6 7% Dec 29 • Lowest 8% Dec 14% Feb 2 Jan 24 105 14 16% Apr 15 27% Apr 23 1 Jun 11 28 Jan 1 32 44 % Feb 9 24% Jan 23 53 49% Apr 26 52 48% Aj>r 58 6 50 Va Jan July 5 54% Jan July 27 July 19 37%. Nov 30 30% May 15 54 Mar 14 73% Jun 14 64 May 23 95 Apr 9d % Jan 12 100 98 Jan 26 102 26 Oct. 28 30% May 175 % Dec 28 183% July 24 % Jan 25 43'A Dec Apr * 23 50 Jan V 5% Jan 19 Jan 6 2% Feb 18 2% Jan 16 34% Oct 11 48% Jan 28 ?4% Feb 9 95 % Jan 24 7% Aug 7 28% Jan 23 74 22% Sep - 30 23 29 57 % Dec 20% Mar 13% Jan 6 18% Mar 29 I 14% Sep 15 37% Aug 19 8% Mar 14 31 % Mar 29 10 4 82 6% Jan 3 23 105 Jan 4 % Feb 23 55 % Jan 4 23 52'/a May 23 67 Feb 110 35% May 15% Jan 6 30% Nov 3» 26% Jan 31 6 36 V* Nov 18 V 33% Feb 14 37 135% Jan 19 138 Jan 23 Jan 56 % Jan 7 86 <•-. Dec 7 ;>■'•'/>/ Jan 27 140 27 73 4 111% May 53 95 13 % Nov 30 16% Oct 89 ! Mar 17 ' 55 Mar 29 96 Feb v,,. 1 No par Inc X98% 1 13 Mar 14 4 22 May 16 27 Vb Jan 42 % Jan 17 48 Sep 20 44 Vb Jan 24 487/a Feb 91 Sep 15 96 % Jan 18 86% Apr 18 96 93 Mar 11 88. Apr 23 100'/a Nov 22 92 Apr 30 99 17% Jan 17 28% Dec 20 21% May 14% Jan 6 97 2 May 14Vb Jan 39% Sep 33 % Aug 26 35% May 23 16 Nov Jan 17 12% 13%/;: 100 1.700 15,700 10 75% *7,4 ' n ■ ' ■ - •■»•■* 33 10 33% " 400 62% 34 Vb 44,200 1,800 .35% 35 140 *135% 140 101 101 1C1 34,900 8% 62 35% 34% >, 100 ,108% 108% 108% •i62 34%. , 1.100 ; ,3^'i 36 8%. 8% *106% 62 9 VB .:,'v 9%. 37 '•«: 99 101 *135% v. ••is''' • > 1,900 89 % *87 Va> *91% 94 50o ->22 50c *14% 147/a Id 26% 26% 20 32 38'/a Jan 34 Apr preferred „ Hudson & new ' ■ Western May 22 43% 9 Detroit Steel Corp 5 De 34 Oct 11 42% Feb 28 8 Devoe 38 Va Mar class A 7 43 % Jan 31 59 % 31 % Jun 6 40'/a Sep 19 32% Jan 26 34% Jan 11 37 % Jan 28 33% May 14 44% Apr 35 % Jan 17 13% Jan 10 22% Nov 30 18'/b Apr 16 20% Jan 30 12 % Jan 7 13% Jun 3 16% Feb 23 Diana 1 49 7 23 13% Jan 30% Apr .—2-, Diamond T Motor Car Co 11% Jan 4 9 '/a Nov 47% Oct 11 64% Apr 61 26 79 Sep 11% Oct 21 15% Jan 13% Nov 16 3 73% May 11 27 39% Apr 9 13% May 28 21 72% May 28 13 5% Apr Dr 9 16 Vb Mar 21 90% Jan 43% Mar 14 60 '/a Dec 30 57 Jan 10 17 54% Dec 27 49% Jan 23 19% Sep 12 24% Jan 3 74Va May 21% Feb 10% Dec 21 14 7% Oct 26 12% Mar 4 249% July 6 10% Apr 15 Apr 8 2 May 28 18 1 124 Apr 12 6 94% Aug 11 101 Apr 12 93 Apr 11 July 25 33 ,33% Dec 29 38 200% May 28 115% Apr Jan 20 37 43% Apr 25 50 Feb 22 49 Apr .48% Jan 12 53 18 48 Apr 30 July 22 50% Aug 9 51% Sep 28 Jail 6 55 Feb Nov 4 19 40% Nov 6 58 Jun 2 36'/8 Feb 17 47% Apr 17 43 '/a Feb 14 5j 26% Feb 17 37% Apr Jan 6 32% Jun 21 18 34% Dec 14 29 % Jan 3% Jun 1 Mar 14 87% Nov 15 75% Jan 23 Oct 26 Mar 14 175 23 Jan 31 159% Jun 1 61% Nov 30 51% Jan 23 19 42% Mar 27 3n2 May 23 95% May 170 Apr 64% Apr 7 12 22 24 % Mar 15 35% July 29 25 May 28 30 Jan 3 92% July 22 99 89 Apr 13 94 Jan 10 36 Jan 6 52 103 Sep 14 107 Nov 4 Sep 29 May 27 15% May 18 23% Feb 35% Mar 14 39% May 25 103% Apr 53 15 16% Jan 14 20% Oct 17 31% Feb 17 21% Jan 47 % Dec 28 53 Feb 28 47 43% Nov 3 58% Feb 17 3 6 Feb 2 25% Apr 20% Jan 4 76 Jan 69% Oct 4 21 J an 3 May 16 Mar 15 Jan 3 39% Apr 3 4 % % Electric 20 25% Apr 11 Elliott Apr 12 50 Jan 30 5% 44 % Feb 10 48 % Apr 9 5% Co El Mus Co 50 Paso Apr 5 Jan 16 36% Apr 6 Emerson Electric May 28 13% Jan 3 Emerson Radio 35% Dec 100 34% Mar 9 93 8 98 Jan 28 May 16 Jan 5 23 25% Jan 11 18 20 20% Jan 23 23% Mar 29 ll 87% Oct 31 81% Apr 26 86 Feb 2 a 69% Feb 24 70% Jan 26 73 footnotes July see page 28. May 28 5 10 2nd preferred Natural Gas 43 1 15 50 conv 27 30% May 10 preferred 11 28 % May 29 33 Feb 29 8 Amer shares.— common 19 20 (The) Battery Storage 21 30 % Oct 100 1 Co Dec 51% May 18 2.50 common Ind 16% Feb 9 % Inc common—1 National Watch Co Elgin May 25 2 preferred Elastic Stop Nut 17% Mar 20 28% Sep 24% Apr Products Ekco & 25 28% Jan 30 50 106 10 100 Auto-Lite 22 Va Feb 25% Jan *96% preferred Electric 6 54% Apr 97% common Bros Stores 4 % % Electric 15% Jan 29 *96% Eaton Manufacturing Co 5 32 3 No par 100 3 23 6 118 '/a & Mfg 3 Co ; Phonograph 4 5 Empire District Electric Co 10 Endicott Johnson Corp common—25 4% preferred Equitable Gas Co Erie RR common 5% Erie & preferred series A Pittsburgh RR Co—. 67% 69 Va 19% 19% 12% 12% 12% 900 800 212 205% 119 118 Va 21,600 207 Va 119 119 Va 500 98 *97 % 98 36% 36 36% *46% 47 Va 36% 36% 36% 47 % *46% 47 >/a *46 % 47% 52 *50 52 *49 49% *48% 48% 49% 49% 49 >A 52% *51% 52% *49%" 52%" 50 Va *50 50% x50Va 50 Va *52% 53 *51% 53 11,100 50 *50 50 51% *50 '53 14% 14% 3 8'/a 39% 39% 40 453/4 46% 46% 47% 31 31% 31% 32% 33 Va 34% 34% 35 Va 833/4 !162 53 54 25 25 *90 393/4 '104 84 Va *161 25 Va 40 108 *104 33% 33% 33% 33A 36 *14'A 15 14% 14 y8 22'A 23 22% 23 48 7,100 32 352 84.400 48 87% 159 V2 53% 53% 2,500 25 Va 25% 25 Va 800 39 Va 104 18 33% 3% y 92'/a 40 104 34'A 3% 36 36% 14% 14 Va 22% *22% 49% *48 *45 46% 49% 50'A 49% 50 >A 31 323/8 31% 32 9% 28% 28 Vb 28% *28 »A 33% 33% 337/a 33% 93 93% 27 No par x20% 21% *82 83% *67 70 *22 27 20% 94 4,200 900 2,300 49% 22% *45 % 26 Va 10,300 3% 37% 14% *48 46 3A 333/a 3% 36% 14% 14,700 23 50% *28 10 1,700 34 49% 31% *102 33% *45% 97/s 4,660 39% 104 »/a 18 Vb 46 3A 31% 39% 17% 49% 9 Va 40 ■ 92 Va *90 18% *48 10 13,800 86% 159 % 87% 160 *45 Va 9 Va 3,100 54% *90 34 3% 35% 35% 332 25 % 17% 3% 34% > 53% 103 17% 35 Vb 35% 136 92 17% 3% 13,000 32'A x86 40 Va 17 35 2,100 47% 31% X160 25'A *90 40 3/8 393A 46% 32% 35% 53% 91 Va 39% 900 48 ' 1« 53% 14% 47 Va 86 1633A 53 14% 200 50 Va 51 % 32 3 Va i3s 84 Va 163 3/4 20 50% 40% 70 600 52 Va *50 15 40 Vb 14% : * 15 700 r 98 98 47 Va 49% 6,000 • 8 Va 8 8% 36% *50 10,0 8.50 100 50 68% 20 x36 Vb 4% Jan 34 % Feb 31 208 118% 14% Co 41% Jan 3 Jan 204 118% 1 —10 5 8 Ve 4,500 14 207% 205 118% — 3% Mar 21 10 11% Oct 24 8% 200% ..50 12% 12% par Stainless Steel Corp 33'/a May 28 Aug 2 5% Feb 10 3% Nov 27% Feb 39% Jan 67% *19% preferred Edison 11,200 67% 19% 10 Kodak 23,900 19% Corp -Rights 15,600 66% 66 Corp Eastern 6% 66 Va 7 6 34 66% 65 ..50 300 1,000 1,400 12 75% 66% ..50 3,200 70 34% 14 19% ..10 34 % 67 65% 8 *68% ■ 35 4,500 54 78% 19% 8% *53% 14% 64% 8 5,900 66 X63% *12 'l.foo 9% 12 1 12% : 76% 77% *12 600 r-100 14:: 14 Va Airlines Inc Eastman *11% i 11% 50C Eastern Eastern 35 12 Eagle-Plcher Co 23 21% Jan 35 4.700 40 ' 54 69 • 34% 14 *52% DWG Cigar 9% 69 39% 19 , 53% 11% *49% 11 Mar 23 9 V# : 9 Vb 9 • -50 17% Jan 17 9VB -50 14% May 28 17% NOV 54 9% -50 $2.10 54 34% 9% preferred 4.10% 24 25 35% preferred 4.20% 12 20 >35% 35 34% preferred. 29 Feb May 18 9 6 6 18 15 Va 33% *18 19 —8 Feb Apr 49 % 49% Apr Nov Jan 53% Mar 52'/a Jan 15% ,15 Va 15% Xl5 Va 15 >/4 (E I) & Co- 52% Jaw 49 53 % Mar 30 54 35% Jan 27 *18% 75 Duquesne Light Co common $3.75 preferred $4.15 preferred i 4% preferred May 23 27 53 Va Apr 18% 14% series 49% Apr 18% > 15% 18% 76 $3.50 14 3 4'A *18 11% Preferred 12 ♦34 34 par 5,900 . 39% 13% 3 600 53 34 V# 11% 6 52% 39% 72% 99% Jan 38% 34 V# 15 '/a —1 9,600 38% 34 34% 121% Feb 1,800 31 39 X34 % No 6,400 75 53% —1 serifs 5,400 15% . 31 *33% 53% 53 70 No 15 15% 30% *33% 54 $4.50 50% Oct 15 'A 30% —8 1 *73 Va 34 53% Preferred 46% Jan 8,300 • 75 38 *68% International Pont de Nem 34% 34% 53 53% Common Apr 34% 34 V# 38% 68% 5 237 7,500 34 68% Co Duplan Corp , 44 } 44 53 Va 53% Drewrys Limited USA Inc 12% May 23 11% Jan 17 37% 43% • i1' 38 % -50 Industries Dresser 3 Dunhill *33% No par Co 9 du Jan 117% Sep Chemical Dow 71% Mar 14 36% Jan 19% May 28 Aircraft Douglas 3 38% *32% No par Ltd Mines 37% 37% 43% 15% 33% No par Pepper Co Dome > 20% -30% No Par common preferred series A Dobeckmun Co (The) 23 14% *29% 2 conv 21 20% *73% 15% 50c 1 Dixie Chp Co 8 24 29% 20% 37% 2. Corp 28% 34 1 25 Divco Corp 11% Feb 18% Mar 31 Stores *32 Va 29 >/a >« 37%. 34% 75 3Q% 52 .10 common. Distillers Corp-Seagraras Ltd 3 May Match cumulative preferred $1.50 31% Jan 38% July 25 93% Dec Diamond 65% Jan 30% Mar 14 62 % May 17" 60 52% Jan 30 Alkali Co common Diamond 6 10% Jan May 25 9 26 29 Apr 39% Mar 33% May 28 10 7 5 May > 44% 14% 15 Raynolds & ^73% 75 30 1 Vllbiss Co ,-400 32%: 32 Va 28% DAY i 34% Apr 24,500 32%. MEMORIAL 44% Apr CLOSED 207/a 34% 19 32 »/a 3,800 143/4 27% 37% 34 Vb 35 14% 26% 37% 43 9 14% 26%* 20% *73% 9 14% 38 20 Grande West RR_No par 14'/a Feb 4,300 22% •' Edison 26 V* Feb 22% >26%/ 29 Hillsdale & S W RR Co—100 3 Sep . Detroit 13 50 Va Dec *32 50 ;= STOCK 21 " ' EXCHANGE 28 37% 270 89 14% 29 Detroit Denv & Rio 17% Sep 4 -r 400 • 93% *92 94 22% 3,000 I 90 26% 3 32% Jan 11 22% X26 26 May 14 36'/a Jail 1 35% Apr ; j-'.'* Feb Apr 32 22% 14% • 45% 89 Va' 800 •500 16% 22% *87 Va 87% 22%. 2C 50 13.50 '• '.U-. \ ... ? . 89% ; *92 26% No par Delaware Power & Light Co 23' Jan 48 30 75 common 79 23 21 Co & 87% *87 Va : 89% 94 Lack 6 45% 16% 45% 45% 22% 10 18,400 r- 22% 17 I- 22% 2,400 > > 91 6 6 » 6 48% 14% 14 14% *16 Va- 87'/a ♦91% *89'/a ; 45 Va *87% Delaware 27 24 •*45 :•-;■ 100 & 25% Apr Jun 6V« 167/S 100 7% 40 % Jan 32 i * >5%/ 22% >87% 88 87% 6Va: 16% c 22 12% May 17 14% 14% B_ Delaware 27 16 91 •22% * > ■45 45 7 100 series A 6'/#" 43 % 48% > *89Va series 31 % May 18 37% May 29 43% Sep 7 14% X48% 89 series Deere 18% Jan 37% Jun 12 Jan 49 v* ,49% 89 22% V# Decca Records Inc -79 90 11 Aug 33 % Jan .22 10 Dayton Rubber Co _3 Nov 41 ' " 3.90% r- For r 34% 3.75% • 96 - 32% Preferred 35% Feb 9 31% May 5 25% Mar 4 30 19 ■ . Preferred 34% Jan 26% May 28 45 , 140 »/ 98% 16 Va *15% 20 ; Preferred 3.75% Feb 16% Mar 25% May 15 67 .'V :■/' '62 31% 147/8 6% 2.50 Corp common preferred Dayton Power & Light eomtaon ; 27% Jan 9 26 18'/a July 11 31% May 16 163 '•'' .34% 49% 91" 14% .5 Daystrora Inc 95 % Mar 14 22 15 13 Vb *36 8% *135% 100% *89 - 100 convertible 5% 3 Jan 65% Feb 27 13,400 15%, 15 75% 9%- 108% , 140 49 1 preferred series A River Mills Inc Dan 17% May 21 32 % Mar • Corp common Davega Stores 13% July 6 14 15 v* *74 Va ;> 38 •61 32 .100 16% 15 • 8% '34% 34% *135% 1% ;pfd > 62 1 : Inc ;; :< 460 48%; 47%. 12% v 9v2 *106% 8% 30% A—; 10,200 64% 103 103 48% - *15% I - 75% 4 *36% 108 % ♦61 63% 65% \ * 37 8% - .No par 3%% 6% May 21 3 5% Apr. 28 Jail 51 % 14% 33 n; 14% ' 11% Oct 157 14Vb 33 /! 48 *92 ' ■/'/ 33% 12% 9% -n- 9% *36% -2.50 >/>>>>> :-r *74 • 65% :800 900 6,400 ,400 14% 64% 15 V* ^ 12% 12% 74 9 ♦106 Dana 24 17% Mar 19 4 13% Jan 31 7% July 12 4% May 12 10 May 28 48'/* Jan % Dec 22 6 30 36 12 Va 74 .100 — 65% 102 Va; 102 Va 48% r 15 14% 47 29 66% *33 47% 16% *16 —10 _ 48% 46 Vb V ■' 29 -> 14 VB 14% 33% €3 65% 102% 102% >' 900 *65% 66 ' 94 ■ 91% Sep 66 -100 -No par Cutler-Hammer 7 65% 103 > ; 102% —25 Publishing Class 29 7,500 38%; 37% *92 - ■ 43 % Jan 23 preferred Cushman's Sons i 64% 62 preferred— Curtis-Wright common May 23 29 *28% 66% Prior 18' Apr 29 $7 preferred 62% May 14 28% *33 Cunningham Drug Stores Inc. Curtls 1 94 >14 Citneo Press Inc_ 13 May 94 4,400 2%> 2% 2% 94% *93 14% Ctidahy Packing Co 4%% 6 38% 800 6 5% X2% 7.200 47% 47 Va 40 • 172 *171 37% 33 Vb pfd 7 3 > 5% • ~50 U.100 29% 29 Va 3 14 Amer. of noncum Cuban-American Sugar 8% May 25 11 Feb 116 Steel 6 >>>/:> 97 47 V# 47 ; 8,600 97 *95 171%. 171% 47% 1,700 74% 29% ' 29 172 31% 74% 38 33 -No par . 31% *94 97 *95 DAY 52 58 V4 >- 97 1.800 2,500 *49%; -75% 73 *94 —• *55% r 31% 31% CLOSED MEMORIAL Corp 9 Mar 15 40 I9 35% Jan 9% Jan 31 101 % May 25 Cuba RR 6% 3,700 58% 2% 2.50 _ Crucible 10 10% Jan 8% May 15 94% ?8% common preferred../ 19% Apr 14 Va May 7% Jan 67% Jan 26 73% Apr $4.20 17% Apr 14% May 28 *91% (The). Common 2 57% Mar 21 ,v 13 Jan 14 3 Feb 104 46 % May 28 2 9% May 6 3 69% Apr 23 53% Jan 1U2% May 24 7 May 27% 3,600 • ■ ' 36% >■ 2% 37% 66% Ac 27% 52 *55% 114 113 28 EXCHANGE 29% *5% 6 2% x3e% -No par Seal $2 preferred ___ Crown Zellerbach 107 Cork 10,500 48% 97 , 28% 46% 1 Corp Crown 9 135 Crescent 28 23 5 Jan 9 49% ///■:>> -r//'> Wheat Corp of 49% 48% *49% 1 *171 -1«0 18% Feb 12% Nov 6% Oct Cream £•% 1 ' 25 preferred 35 Va Feb 32 % Jail Feb 3%% 1j'/a May 22 3 9 6% Jan 46% 32% Apr 23 27 59 170% 45% Crane Co common 3 75% Apr 10 170% Corp 31 -27% 97 i *95 100 1 Petroleum 30% STOCK 31% *94 28% preferred 35 31'A 71 sri 74% 97 *94 34i/4 58 31 .71% 95 Coty Inc Coty International Corp. 7 31% 70 ; ; 95- 30 Sep 102 60% Jan 1 5 28% 59% Dec 30 55% Nov > 7% Co.sden 3 30% Jan *31 .50" Corp 6% 35% 50% >1 1,300 30% 27% > *55 - Refining common-10 Products 37% Sep 13% Mar 30 33% Dec 28% May 25 Sep 13 Apr 15 33 Corn 5 97% Mar series 6% Dubilier Electric 57 V* *54 6% 6% 114% 52 27 6,200 6% | 31% *49% 51% *50' .goo 50% 35% 35 48% 51 27 '/a 26% 5 50 %%ir preferred ————100 Cum pfd 3%% series of 1947—100 3 May 29 42% Mar 26 2 92% May 15 98% Nov 7 45% Feb 1 L, 47% ' r 49% 52 ... 30% 1,200 . 3Vs 3 112% 6% 34% 31% 30% 3 20 Apr 5 . series- Corning Glass Works common 24 6% Jan 5 2 Preferred Cornell 25 180% Mar 26 35% Jan 170 6 21 Jan 32% Feb 99 7 20 27% Jan Co Range Convertible pref 5% 19 > —14 5 49% 114 111 35% x34% Copperweld Steel Co common 5 Jan 99 May 28 96% May 29 2 Cooper 2 31 •87% Apr 20 Jan Mar 20 Jan 6% 6% 113% 111 8 50% 49% 50 6 % .1 Delaware of Cooper-Bessemer Corp 65% May 2 40% Mar 12 31 29 .;'i 70 48 % 5 Continental Steel Corp 5 32% May 14 21 Va Mar Oil 10% 10% Mach„.1' & Continental Motors May 17 29 35% May 18 Sep Foundry Insurance >' Continental 3 41% Apr 23 25% Jan 11 Apr 2 52% Sep 19 28% July 27 18 20% Jan . 9% Jan Continental 9 126 23 34% Jun 25 44% Nov 25% Mar 14 58% Apr 6% May 28 94 {Continental May 15 23% 3% *2% 13,200 14 *23% V 24 11 *10% xl3% 14 Va 14 *23 Shares June 1 May 31 23% 23 23 23 V ; ■ - 14% 13% 13% 13% May 30 the Week Friday Wednesday May 29 May 28 ; Continental Cop & Steel Ind com__2 5% convertible preferred 25 23 3 Par Rule# f#r BALI PRICES Thursday AND HIGH Tuesday Monday STOCK YORK EXCHANGE 22% Feb 8 14 Dec NEW Highest 48% May 22 70 1" 12% Feb 14% Nov 23 23% Nov 25 51% Sep 28 May 12 LOW STOCKS Range for Previous V V; Monday, June 4, 1956 „. . (2660) VB 20 46 3/8 49'A 49% 32 15,600 2,200 32 9% 28 Va 28% 33% 33'A 33% 94 94 94 7,700 93/4 29 9% 500 ' ,1,900 80 27% 27 % 27% 27% 27% 5,400 20 3A 20 % 20% 20'A 20 Va 7,400 82 82 82 82 *82 83'A *66 70 *67% 70 *66% 70 200 Number 5539 Volume 183 . . . The Commercial and Financial Chronicle (2661) NEW YORK STOCK Bange (or Previous 10 13% Jan 6 43 Leweat Highest Oct 21 Range Since Jan. 1 i!n>5 year Lowest May 11 NEW YORK Highest 29 21% Feb 13 72% Dec 30 15% Jan 20 20 62 Y4 Jan 23 20% Sep 9 38% May 6 41 % Dec 30 1 21% Feb 7 11 13% Dec 23 18'A Apr 7 7 16% Jan Apr Evans 30 Mar 23 May 16 25 V* Dec 7 23 May 25 25% Mar 6 74 1 70 Jan 75 % Mar 7 37% Nov 30 31 Feb 6 % Apr 9 10% Jan 3 26% Jan 25 July 31 2 47% Jun 1 Nov 9 8% July 12 13% Jan 3 Dec 22 57 Jan 4 41% Sep 27 50 Jan 3 11% July 21 45 47' 12 7% Jan 29 Jan 12 57 5 51 11 4 13% Feb 23 17 24 29% Feb 1 9 6 28% Jan 38% Apr 22 39% Nov Mar 14 93 Apr 124 22 31% Feb 26 110 17 Jan 30 Mar 22 27 35% Jan ~ 18 54 Jan 18 104 i Sep 26 ! 33% Feb 31% May May 23 23 .68 Feb 10 3 102 Apr Mar 26 88 12 Mar 29 49 % May 28 61 Jan 3 19 10% Jan 3 12% Feb 27 36 % Jan 19 46% Feb 100 .1 17 18% Mar 11 26% Jan 12 35% Jan 48% Apr 14 41% Feb 7 36% Feb 50% Jan 11 43% Mar 15 99 Jan 13 46% Jan 25 •102 Feb 40- July 69% Sep 105 - 14 July 15 61% Sep 28 126 Sep 96% Nov 30 100 Jun 99% May .- Feb 29% Oct 50 2,800 - 18 21. Feb 13 147 11 100 Mar preferred. 33% Jan 71% 5 . x36% ■ 7% ._ Light Co_.No par preferred Motor preferred May 29 97% Mar 20 16% Mar 23 14 16% Mar 22 'v;. v , - 2,100 32%' 32 Y. 33 3,200 - 39 Ye 39 Ya 121% 121% ' 39% 130 52 53 74% • 9% Dec 34 113 ! Jun July 22 107% Jan 5 Jan 25 11% Sep 41% Jan 18 49% July 27 9 43 4z ' 37 Ya 103 44% 53% 53% ' 39 Feb 11 Dec 20 46 32% July 18 4% Oct >25% 46% Feb 20 Oct 21 15% July 5 25% Dec 29 9% Mar 45 Mar 17% Aug 30% Sep 10% Mar 10 25% Feb 51 Jan • 31 % May 9 •66 25 38 Jan 23 1 6 Jan 4 8 1 31 35 i Jan 14% Apr 13 25% Jan 48% Apr 9 3 May 3 Feb - 9 5% 29 1 104 Jan 23 106% Mar 71 Dec 29 63 Apr 26 11% Jan 21 9 136% Dec 8 148% Jun 3 137 Mar 19 29% Jan 7 36% Feb 23 29 May 28 Jan 6 26% Dec 29 24% Jan 15 83% Mar 18 July 18 67 % Dec 24% Mar 15 38% Dec 86 5 30 13 45% Jan • 93 130 Aug 17 ■10% Nov 13 2 Nov .2 48% Feb ,9 40% Oct 27 140 Oct Gamewell Co 16 Garrett 23 Gar 134 10 16 85 May 36% Jan 128% Apr 5 4%% Mar $8 97 Ya 97% 120 52 Ya 49,100 18% 183/4 34,300 34% 35 343/8 35 35 Ya 35 3578 2,700 8% 4 8% *12 12% 8 3/4 35 7 13 84% 15% 15% 153/a 15% " " ' 7 4% conv 5 General 2nd Cigar *15% 57% May 24 66% Jan 3 General Dynamics 65 Mar 19 General Electric 19 Feb 7% Jun 23 77% Jun 20 13 61 May S" 6 122% Mar 54 Nov 14 40% May 28 119% Dec-20 127 Jan 3 >119% Apr 23 ••08 102 Jun 30 96% Apr 49% Mar 20 124% Feb 18 Aug 9 29% Jan 7 35% Nov 9 31 Feb 1 43% Mar 14 59% Dec 6 50% Feb 10 '*0 v ; . 10 $5 . 101% Mar 15 preferred 34 39% Jan-' 6 79 14 61% Feb 14 13% Oct 31 17% Mar 24 lt% Feb 9 17% Arr 33% Dec 21 34% Jan 4 46% May 14 24% May 28 28% Mar General 38 46 4 — 36% May 25 45% July 11 31 39% Jan Nov 21 Jan 23 29% Feb - 3 3 Jun 29 Jun 29 46% Jan 18 65% Nov 14 53 Nov 16 98 Jun 13 90 May 17 82 Jan 7 103% Sep 26 24% Mar 14 37% Nov 2 8% Apr 101 80% Mar 23 11 82% Jan 2 8 19 general . .* 7 5 Apr 4 92% Apr 121% Apr 4%% Tire Jan 23 Jan 23 60% May 23 Georgia-Pacific Jan 23 51 % Getty Oil Co 19 40% Jan 50% May 3 5 4%% 4 12 4% 3 Gillette (The) Jan 18 29% Sep 8 23% May 28 27% Mar 20 Gimbel Brothers 17 99 8 94% May 18 97% Mar 21 36% Oct 11 44% Mar 2 5 Dec 15 9 Jan Dec 16 168 Feb 2 17% Jan 26 22% Oct 35% May 28 11 155 25 4% Apr 153 22 69% Jan 6 87Y4Dec 30 00% Jan 18 66% Jun 7 1 30% Dec 8 421/4 Jan 3 41% Mar 14 * 55% July 25 41% Mar 11 5% Jan Mar 14 Jan 9 25 Goebel Apr 13 Gold 24 Apr 17 Goodall-Sanford 75 Jan 27 89% Mar 23 60 Jan 23 75 Apr 2 ' 30 Feb 14 36 Apr 18 - 44% Jan 16 50% Mar 13 1% Nov 11 12% Jan 5 23 Sep 21 13% May 31 6 34% Dec 30 29% May 23 34 Jan 39% Sep 12 34 46% Apr 30 Grace 35 Jan 0 93 Mar 21 9 Mar 14 3% Mar 3 Dec 23 Feb 94 - 6 14 96% Dec 30 94% Mar 36% Jan 18 44% Sep 19 39% Jan 24% Feb 9 21 May 26 141 69 Feb 23 153 77% Dec 2 23% Mar 149% Jan 70% May 25 34% Jan 37% Aug 11 10% Mar 2 31 % Feb 9 14% Feb 99 93 1 79% Jan 93 % Dec 28 For footnotes 18 see page 28 Jun k Name Great 7% Northern Western Green Green 132 132 3,000 ll3/a 1,700 58 Ya 593/a 59% 613/8" 593i 60 ,4 36,600 56 ■% 5774 57% 58 56Ya 57% 72,600 17% 17 Ya 18 17% 17Ya 1,200 91 91 Ya 93 923/4 92Y4 2,800 46 463a 463 46Ya 463/4 2,400 7Ya 6,100 ♦17Y4 88 * 44 Ya 121% 413/4 1223/a 1213% 122 Ya 1,300 ,*98Y4 98% 300 9S% 35 35 600 59% 60 3,100 42 V* 41 Ya 41 % 41 Ya 41 Ya 6,200 43/4 17.200 40% 40% ' 35 Ya 35 78 79 79% 80 163/a 16 Ya 16% 103/4 16 Y4 17 40% 40 403/4' 25%: 24Ya 25 . 16% 40 40Ya 40 24% 24% 24% 25 24% 42%' *103 .. 54% •- 106% - J ' 90 Ya 5,400 54 109 10 *89 91 *84 86Y2 10 1C7 3/4 670 16,800 53% 54% 52 53 Ya 51% 52 Va 44 Ya 45 V* 44% 45 Ya *834 9 46 VA 46% • • 23% 95% ,~ *94Y4 .. 95 35% 35% 4% 4Ya 158% 24 *156 *23Y4 473/4 48 23Ya 24 Ya 24 / 24% 4,200 95% 95 95 ; 100 37 36 Ya 36 Ya 5.800 4% 4,300 " 4 Ya. 4 Ya 158 Ya 24 *23 % 24 . 43/o 10,500 158% *156 *23 Ya 24 79 Ya 7,400 663/4 29,800 78 81 Ya 79 66 Ya 68 65 Ya 31 3038 31 30 lA 303a 48'/8 48Ya 483'a 48Y4 483a 10,700 2Ya 28,400 75%. 78 76 V* 81 67% 67 68% 4 30% 31 % 303/4 —1 46% 47% 47 Ya 2 48 *156 158 % 65% 2% 9 36% 36 3,8 4% *83/4 *94% 24 Va 23%' • 9,500 46 9 47 Ya 473/8 44Ya 48:,4 9 4% 2 , 45% 35% - 86V3 55 % 108 11,400 31 1073/4 91 *84 108% 53 Ya ./ . *89 ' 86 »/a 1 *23'/a 54 53 Ya ")54 90 Ya 1,400 4,700 ♦103 ♦103 *84 1,700 '! 4,300 107 % 23% *156 i>*30Ya 5,600 .. 80 Ya 42 Ya 42 42 Va 30 Ya 30 Va 35 106Y4 51 ♦94% 53 *79 Ya * 31 *103 - % 34 Yi 35 Ya x41 Ya 41Y4 •' 42 *30 Vb 30% 53 10 4% ' 43/a 34 Ya 4r *30 100 4Y4 4% 4% ''78% 4 3/4 *34 -• 34% 40% w 10 . ' 2 Ya 2 2% 2 13% 1,700 2,700 14 14 13% 14% 13% 13% 13 Y4 5 29% 30% 30 Ya 303/4 30% 31 Va 31 Va 31% 9,900 36 % 39% 38 Ya 39% 39 39 39 39 Ya 10,600 12.50 —5 common .5 Stores com 38 % 38'/a X39 100 95% 95 % *94 Ya 20 20 % 1 Prop..No par 28% 7% 29 Sugar com : RR 25 X97% 97% No par Co Bay & Western 122%" 60 5 common Ry 149,600 59 10 Ore 470 423/4 ♦34 46 Va No par 2,900 41% 34 Ya *8% ; 67 121 57'A X43 % 5 65 Ya *121 42% 98% • 99 7% 8% 122% - a 66Y4 41% '• / 121 121 121 40 3/8 ' ' 7 3:, 6534 66 Yt *120 Ya •' „ 8 8 66 85% Rubber 80 14Ya 11% Va 55 V4 4 preferred 10 133 ■- 40% 41% No par 21 21% 10Q 142 143% 1100 ♦70% 72 20 39 Ya 38 Ya 96 Ya *94 Ya 7Y< 293/8 41 21 y4. 143 Ye *70Ya' 96% 7% 7Y4 7% 28 5a *97% 3734 39 29 3a 29 99 99 41Y4 41 213« 72 ' 21% 144 Ya 21 Ya v 144 38 Ya 96% w— 7 29 'A *98 99 41% 1431a *94 Ya 20% 20 20% Ya 41 213'a 144 7% 29% 100 30 3,100 10 4,900 5,300 2,900 5,900 413a 7,400 21 Ya 1,000 144 72 *70% 29% 30 140 72 30 *70% ' 2,700 - _ 1 29 % 29 Ya 29 Ya Greenfield Tap 6c Die Corp..No par 34% 35% *35 Va 36% •35 Yt 3534 ♦35 y4 35% 300 24 17% May 10 29% May 22 May 31 1 11 Great -133 .t '- .1 Great Northern Paper Co_ ' 133 34 7% Iron *132 160 143/4 85% preferred Northern 4,100 39 10 Ex-distribution Gt 33% Mar 12 9 6 , 400 32 983/i 1 Steel Co 77 32 16% 100 Motors T) 77 32 54% No par Grayson-Robinson 9 3 City (W 3%% 24 46"% Apr 8 30% Mar 14 Grant 7% May 18 20 20% Mar 15 13% Jan Granite 19 Apr 6c 76 32 11 100 & Co._ R) 76 33 ■Y 92 ■"' Granby Consol M S & P Grand Union Co (The) 17 108 Tire Graham-Paige 3 Feb 33% Mar 1 May 22 May Jan 99 21% Apr 24 2 2 14 45 13 Apr 33% Dec Feb Marie 9 25% Feb 3 74 20% Mar 22 2% Feb May 24 18% Jan 31% Jan 143. 17 37% May 15 7 21% Dec 100 Jan 2 (W. 82 7,900 1434 *90% (B F) 1,900 30 Ya 30 34% 4% 100 Co 29% " 99 x40 2.50 —- *293/a *32 , 11 Ya —100 Inc 138 *136 138 91 29% 54% common.No par Gould-National Batteries Inc 27 45% Dec Goodyear 3 6 Goodrich Co 20% Mar 16 27% July 22% Jan 6c 3,000 34 :_10 Brewing Co Stock Telegraph 158 3 - 77 common 2,500 9% *75 121 T21 1 Co *136 66% 9 Va *88 44% 34 preferred Glidden Co (The) 220 105 , 65 Ya 9 Ya ; 14% *98% $4.50 Aug 2,500 90 8 —10 90% Jan 20 105 3,600 653/4 b8 Y4 9 400 33% 15f /, 2 6 Y4 90 67 8 Corp.—.5 preferred 105 Ya *105 10,500 33% '263/4 4l0 1,400 7% 143/4 , L 2^7 3/i r600 ? 90 17% 66 % 15 Corp '.ij.'' .. 7% 29% 58/2, 44 Ya 29:,/4 87% 43% LI common v ' , HYa -No par com X44 15 . ; 58 % >: 34 263/4 DAY *29 8 ;14Ya ■ 200 „ ' 45 *32 ... 43 30% • 121% — •>.-. 130 400 9%, ; *42 15 121% x_„T-: 4 4 5/a 9 5/a ;v ,y 29% 41% preferred conv preferred 41 45% Sep 900 8,400 86% 87 —.No par 3%% 36 9% Jan 7%: 30 3/8 llOu' 58%'- ' Xl7% 10c Rubber 6c 106 8% May 18 i -J 11% 40% preferred 3 5 "640 14 Ya 54% 4%% - 27 9% Oct * ■ * 57% preferred General 5 May 400 51,400 II 30 89 Ya Unities.—_. J0c Corp 23 Mar " h 7% 9% 43 ' •..7% . 138 90 5 Corp Telephone Corp.. Time 43% Sep 52 . 1,1, 109 Ya 29 Ya 9 Ya 9 90 Eqaipt Corp tic , 30 .1 Utilities Realty General General 66% Apr g0 30 * 59 Ya MEMORIAL 65% ,29 Y» 11% Shoe 2 9 100% Feb ■ 7 Ya 29 ,V CLOSED 15, 29% 15%. General Railway Signal * Apr 100 4 Public 118% Jun 28 38% Oct 100% Apr 9 33% Apr May 28 91 101 May Precision r *136 133 General Refractories 38% Nov - 87 r.32/4, , ■iu.'. 30 y* 59 Ya . 'EXCHANGE 273/4 28% 11% General Public Service General 65% 43 ; - 105 Ya *105 k : 293/a Advertising 2 General , 65% 64% No par 15 Dec , , 91 Ya/ 110 Y4 i 9% •••-., ■ 33 li'/a •j.v ' STOCK 7Ya 32Ya . 263% 14% Preferred $3.75 series— • 105 105 *132 General Portland Cement Co 3 .46 * 10 General 24 45 13%.- 100 : Jan < 26% common—2 - 5 1534 t-j'J 110 : ., , . 33 1 38% Mar 28 31* . 26 Ya / 29 7Y* 80 3 53% Feb 31 v 43 58 7% XI4% 9-/a ■ 29% Corp— 5% Dec 7 *15% 900 9 f 7 3% 29 v 44%:,; *32 62% May 11 •. , 29:% ■ , s.-57 28% *70 i. Outdoor c78 43 56% 50 37% Apr May 25 974 44v 138 Co 39% Sep May - 29 : 2 4% Jan ■ *136 preferred 3 40 9'/a com..No par Contract Corp Mar 17 19 3,700 4 7% 29Ya 109% 7 Va No par preferred series 4% Jan 71% Apr 7% 109 % 100 36% Nov83 - ,28% 43% Instrument Corp 1 General Mills common— No pa: 5% preferred xlOO General Motors Corp com__—_1% 1 43% Oct-11 .7% 29 % 28% .General 2 123 118% Apr 6 10% Mar 20 71% Apr . 109% *55 General Finance Corp (Delaware )_1 General Foods Corp ——No par New com "when issued'' No par 6 50% Apr 1 7% 26 9 7 July 11 Apr 100% Apr 7% x29 xl09% 5 Inc 52% Jan * 83% >,32% fc33Y4% 90r: >•'.90 9 preferred— Co Mar 29 30 500 83% 15% 84 30% 50 1st preferred. 80 Jan 12% " 82 9 com 4% 6% 85 8% 12% 85 Ya *12% 12 Ya 85" .—No par General 17% May 28 8% 12Ya 8 34 9 *12% 82% - 1 com Corp 5 • 200 'r 52 Ya 4 preferred preferred 3 43% May 28 120 26 13 5 50 133 18 3% 100 Jan 27 131 Ya 53 Amer Transportation..2.50 Baking Co common 5 17% Jan 19% July 6 General 13% Jan 96% Dec Inc 84.50 preferred General 11% May 31 6 28 5 14% May 31 23 /. 7,000 64% 98 Corp _1 Investors com__l 7 30 b4 134 4,100 101* *100% . 17% Acceptance 7 8 7% Oct convertible American Mar 57% Dec 138 54 53% 65 52 Ya 2 Cable Corp Feb /■' 101 64% 133% / 54 VA 533/4 100 Ya " 3,300 *97% *43 (The) Bronze 31 2,300 ' 17 Ya No par Industries General 63% Jan 27 Corp Wood General 97% Feb 42% 53 5 34 % Mar 13 26 463/4 41% 98 ___5 (The) 33% May Apr 453/4 423%, 17% —50 common preferred 17 76 06% Jan Jan Inc 21% Mar 13% Jan Jan 142 23 45% ..".'•.42% 52 3/8 .100 Gardner-Denver Co 7 9% Mar 16 May 22 1,660 4 *97 Ya common—.1 1 4 •71 % May 28 22,800 16% 17% iv (Robert) 9 General 28 15% 15% 15% 15% 15% 15Ya 15 Y4 15% 19,800 areyhound Corp (The) common___3 93 Ya 93 Ya 93% Ya 93Ya 93 93 Ya 110 93% ' 38% Apr 96 _Jan - ' 10J >16% 53% xOo (The) Inc convertible General Dec ' *101 16%' x45 % L iv38/8 Ya.- v 103 ,16% 2,900 :■ 1,000 97% common—1 ^ Gamble-Skogmo 6 9% Dec 107% Mar Co 29% Mar 27 67% Jan 105 38 40 11%. " * Jan il3 15% Mar Co 51% 5,900 12,100 : 16% 1 . 84.50 preferred 47% Mar 13 23 22 Gabriel 503/4 37 Ya *101 * / 633/4 133% 73% 74 Va 104 Ya 11% 533/i, 63 7334 104 Ya 51Y4 101% ' 128 ' 42, *100% -64 , 73 . 503/8 "I 7 > ; T 443/4 4iva Ya V 3,800 28% ; '*11'/4 16% 16% 100 52 51 74 *104Ya . 11 % *101 44% ,45 ; : ';■> , 15,200 106 73 * • Galr 112% Mar 21 May 29 30 3 34 % Mar 14 19 9% Jan 15 35% Mar 14 27% Dec 9% Jan 7% May 25 28% May 29 30 : . 74 Ya 73 i? 74% 106 va ■S •% May 18 26% Mar 14 " 403% *124 $ 104% May 24 4,300 51% 10 Co 2 I Ya 97% 1 preferred 26 Ya ' 2 Co Trailer. 4* 7,500 27 x32 '-V 51% 37 v 16% 126 10 Fruehauf 23 Mar 29 2,500 32% 27 122 727a 38 53 No par Corp 33 Ya 32% 300 5 . Corp Froedtert i "33YB : 8% *104 Xbl 100 . Sugar Co Franklin Stores Corp Sulphur 5,000 3234 , *100% :ioi% 100 . Co____ 3,300 143/4 33 Ya " XI2 common !__l pfd ser of '51___15 cum 34% 14% 8% 72% 102 lb Ya __l —_ convertible Freeport 75 ♦100 __.No par r. 34% 15 32Ya 11*78 (The) -conimon 34% 143/4 , 50 333/4 50% Vol com Foremost Dairies Inc. ■ "V 50 8% 50 % 7. 9,500 50 Ya 32 % 122 . 50% 4,200 54 *28 Ve Machinery & Chem Corp—10 Ford 121 , 19,900 6% 11 3/a *50 33 a/8 11% 3%% .• 3 54 8% 49%,' Co 84.20 div . 49% 473/a 6 Ya 11% 32°/B 11% 82 94 121 45 YH 7 ll3/4 32va / 73 34 3/8 ' ' '/a 49% 28 38% Apr 14 - 46 *50 34% 14% 5 98% Nov 14 33% 14% 100 Francisco 27 34 Xl4% No par Foster-Wheeler 89 33 ♦69 *40 Ya ; 18 25% Jan 11% 50 76% 27 24 *48% 103 -/a 13% Mar 12 27 48% 7 3-j a 10% Apr 94V 43Ya DAY 103 % 41% Apr 28% Dec CLOSED MEMORIAL 52 6.25 24 9 *50 74 6Ya rioo 3%% 5 21% Jan 54 48 % 5 *69 7 113/4 Carpet • Co_LL (The) Food 63% Mar 12 16% May 28 6Ya 11% • • May 10 96% Apr 50 Food Fair Stores Inc 9 May 10 109 ♦50% - ' ' 40 & Apr 50 44% 43 ' 6% 11% 38 % Corp 62 42% 6% 10% EXCHANGE 38% conv Power 102% Mar X40% ' 73 *b9% 37°/u cum Flintkote . 9 71 -Feb 500 23% V 23 Oct 18% 23% 32% 23 88% Mar 38 *18 Ya 233/a 31 Ya Florida 46% Mar 4 -Feb 18% 23% 32% 8% Feb 0' 18 3/8 STOCK 31% 12'/a Jan 29 18% .~L_1 6 13% Nov 18% 23 % 70 —5 Corp 4 25% Dec 1,900 18% 23% 18% 23 *68 27"' 68 « 16,000 12a4 27 14% Jun 6 5,900 12Ya 123/4 ' 27% 12% Apr Jan 41% llYa 13 26% Power 13 » 40% 12 Ye 12 Ya —_10 — Florida Feb Mar 31 42 ll3/4 13% 8% 7% Sep 14 11% Mar 14 28 41 11% 13 33% ... 5 51 3 41 Ya UVa 13% 33% 84 preferred 2 Florence Stove Co 21. 26% Aug 22 40% 11% 13% -bVa Firth 7 51% May 28 20%Oct"ll i, 41% 11 32% 49% Apr 27 Oct , 40% 32% 21% Mar 12 13 0 , 4,500 2.50 Mfg First National Stores.. 105% Mar 14 16 82 • 41 98% Apr 30 lb % May 25 May 23 86 III _ 20 Aug 29 85 2 Co Firestone Tire & Rubber >4%% preferred 16 11% Sep 100 86% 1 80% Mar 26 106% Jan 62% Jun ' 85 Fidelity Phoenix Fire Inc NY—5 k Fifth Ave Coach Lines Inc— _lo Filtrol Corp 23 9 Mar 9 80 % 1 : Tarrant 4'/o Aug 17 36% Sep 26 03 ' 83 % Co——.a 1 61 Jan 85 50 __ Paper Board Co Inc Dept Stores & Ferro 1 May 1 Electric Fenestra Inc 43 30% Feb 62 3,500 83 17% „ Fibreboard Paper Prod com..No par 1 39% Mar 23 135 30 Pacific Federal 9 7 82 % Sep Mar 7 23 67% Dec 108 Federal > Felt 26 % May 24 17% 1 Federated 49% May 25 23% Sep 17% 5 37"% Mar 14 13 33% Mar 17 Nov 5,300 17 % Za Corp common preferred series B 10% Jan 26% May 28 ' 18 16 8% May 28 13% Feb 23 24% 17% No par Corp common 5% conv cum pfd ser A: 5%% conv pfd 1953 series Federal Mogul Bower Bearings 9 Apr . 36"% May 31% May 22 I Apr 39% Apr 31% Jan 17% Jan 40% Jan Oct 8% Nov 24 % 17fa Fedders-Quigan 3 . 13 % Mar 29 43% Jan 24 Jun 29 Apr •51 24% 17% Fansteel Metallurgical Corp_ Farwick Corp - ' 5% Mar 14 0 Morse 6c Co Family Finance 5% Shares 24 Va 17% 3 . 68 the Week Friday June 1 1 Falrchlld Engine 6c Airplane Corp.l Fajardo Sugar Co 20 Falstaff Brewing Corp 12 gales for Thursday May 31 24% Fairbanks Apr PRICES 23 Va 3 20 23 SALE May 30 24% 2 14 Ya Mar 16 1 HIGH Wednesday May 29 23 15% Jan May 28 AND Tuesday 5 Ex-Cello Corp 22% Mar 14 Sep 26 Co Eversharp Inc 3 v 15 Products Monday May, 28 Par 49% Feb 1 12% Jun 17% 'Mar 26 LOW STOCK EXCHANGE 93% May 26 Y» Sep 12% Nov 24% Jan EXCHANGE STOCK RECORD STOCKS 3 changed -from New .4%% York (H L) Co Inc preferred- City Omnibus 100 Corp. - 30 *93 21 The Commercial and Financial Chronicle (2662; . Monday, June 4, 1956 . . NEW YORK STOCK EXCHANGE STOCK RECORD r STOCKS Bange for Previous Range Since Jan. 1 Highest Year 1955 28% May 28 2 45 % Feb 32% July 19 5% Jan 22 8 V* Apr 6 44 V» Feb 4 23 34% Jun Jan 6 96% Oct 31 S3 61% Mar 14 93% Sep 23 83% Jan i Apr 18 39% Mar 23 May 31 9b 7 Gulf Jan 42% Mar 20 23 18 38 Va Nov 3 35 Aug 26 104% July 13 105 Jun 109'/a Jun 9 7 100 Apr 104 Dec 8 107 10 101 May 21 41 Dec 15 Jan 31 101 Jun 28 V8 6% 35 "93% 108% SALE PRICES Sales for Thursday 29% 29 y4 30 6% 9o 6% 6% 6% 34% ,8 35% 34% 34% 95 93 94% *9j'/2 114% 112% 114% 114% the Week Friday June 1 May 31 30% 28% 6% 34% 25 Utilities May 29 29% HIGH Wednesday" May 30 Tuesday May 28 ____No par *6%*93 1,200 4,500 200 94j/4 113% 115 35,500 No par 36% 36% 36% 36% 36% 36% 36 Vb 36% $4.20 dividend preferred 100 "97 98% 98% 99 6 $4.40 dividend preferred 100 *102 104% *102 104% *102 104% "103 $4.44 dividend preferred 100 *lu2 103% *102 103% *102 104 "102 1,400 104v2 105% Feb 23 27 15,900 6% 34% 34% 115% Shares 29% Co— Common 103% Feb 28 98% May 31 States LOW AND >i Monday Par $5 preferred., Gulf Oil Corp Mar 14 129% May 23 ' STOCK EXCHANGE Grumman Aircraft Corp 1 Guantanamo Sugar __1 Gulf Mobile & Ohio RR cora__No par 13 8 1 bYt Dec ' 357/s Jan 3 35% Jen 90 NEW YORK Lowest Highest Lowest 104 Feb 108 "97% 99 98-4 99 310 H 45% Apr 40% July 12 41% Jan 5 13 Hackensack Water 69% Nov 25 58% Feb 10 84% May 7 Halliburton Oil 24% Sep 45% Aug 10 18% Jan 6 14 20% May 4 22% Mar 5 Hall 7 (W 25 18% Oct 13 25% Feb 4 19 Jan 24 25 Apr 2 78% Oct 7 100% Feb 4 87 Jan 24 97 Apr 4 11% Jan 6 38 % Dec 6 34 May 28 42% Mar 29 Hammerniill 18 6 55 Dec 6 48 Jan 59% May Harbison-Walk Refrac 114% July 25 16% Mar 14 143 Nov 10 137 40 % NOV 17 Jan 23 146 May 28 31% Feb Feb 43 9 Hamilton 4% 9 15 Watch Co convertible 10 12 6% preferred Harsco Corporation Harris-Seybold Co Apr 23 Mar 11- 35% July 6% Mar 25 33% Dec 5 8% Jan 12 39 Mar 29 Mar 27 Hat Corp of America 4%% preferred Jan 36 ft Harshaw Chemical 75 77 6,100 21% 21% 21% 1,500 22% *22% 92 *92 93 34 35 55% 57% Co—.. 22% 23 92 22",« 137 37% 29% 30% 700 93'% 100 34J% 34% 1,900 56% 56 56'% 2,100 *135 139 139 "135 38% 38'% 39% 30% 30 % 31 % • 139 i0 38% 39 3,500 30% 37% 30% - *92 35 56% 56% *135 137 36% 22% 22'% 93'% 400 43% 35 DAY 35 55% *42% : - 22% *92 MEMORIAL 34% v 2.50 Hart Sehatiner & Marx 8 34 20 Jan 16 39 17 75 21 1 35% Apr May 22 Jan 74% CLOSED 100 3 6 43 EXCHANGE 20% 15 ; 34% Jan 25 . 14 42% 74% 20% 100 common 29% May 28 39% July 13 STOCK 72% 20% 2.50 Co 29% May 28 31% Dec 42% 74 20% *41% 1 common preferred Paper *41% 71 5 Cementing Printing Co.— F) 43 5 Well 30% 1,100 5 29% 31 29% 30% 31 3 X 74 31 % 31'/8 10 25'% 25 % 25% 25% 25% 25% *25% 25% l 6% b% *6% 6% *6% 6% 400 35% 35% ,6% 35% 6% *35% 35% *35'% 35% |,50 30% *29'% 30'% • 3,200 700 " ' Mar 15 ' common 50 ; ' *35% "■ Havag Industries Inc— 16% Oct 18 15% Jan 6 20 20% Nov 3 247/a Mar 26% Mar 14 13% May 28 17% Jan 3 19% May 7 21% Jan 3 6 7 23 29% Feb Sep 20 60 % Sep 29 104% Feb 7 25% Dec 8 94% Apr 23% Jan 11 40 Mar 14 ■1% Jan 11 Oct 34% Nov 71 Jan 3 34% Jan 6 12 Oct 14 46% Mar 14 20% Mar 19 71 42% Feb 10 21% Feb 16% Jan 3 8% Mar 11 * Mar 2 r , 6% Apr 18% Feb 7 25% Jan 4 19% Jun 9 32% Mar 3 30 48 3 34 34% Oct 13 17% Oct 21% Jan 31 100% Jun 14 3 Feb 10 17 Jun 56 Feb 27 5% Apr 11 27 21% Jan 23 8% Dec Dec 16% Sep 19 39% Nov 28 4 28 34 Aug 01% Jan 28 98 May 38% Oct 08 104% Jan 23 47 Feb 14 Feb 7 140% Dec 23 22% Jun 27% Dec 8 3% Feb 10 7% July 18 • 29 -12% Apr 71% Sep •v 03% Jan 6 X 22% Jan 11 3 Jan 3 Nov 20 96 • May 21 41% Jan 143: Jan 102% Jan 12% • '3%% 4% 28 2 ,.- 41 y 97% 1 6% 7% 3% Apr Howe 11% Apr Sound 23 May 18 i ; Hunt Foods Hupp Corp i b'/o conv pfd series A Hussman Reingeruior Co.* 84 5% May 2 Apr 27 7% Jan 36 40 13 12 Apr 9 46% May 4 Inc.. *14 300 "-2% *8% 1 66% 67'% 24% *24 Vb 66 7 6% 24'% *99 100'% 103% *103 103% * i ?14 .,/ 20 4 2% 37% " '.14% 20% STOCK ' 2% MEMORIAL 9 77% 78% *32% 5% 5% 37 43% / *36% 41 ' DAY 100'% 103% 210 47% 3,300 165 % 165% 55,000 14 2% 5'/2 37% 37% 41 42 y4 *37 100 3,800 7; 34 "7 5% 5% 38 *32 " 1,400 9% 79% 79 -32% 1,000 10,200 2% *8% 9%",79% 42 20 2% 27/a, 32 v2 14% 19% 14 79 5% *99% 7;-47% *103 - coy2 > *8% 32% "V 500 1,800 92% 165% 14 V. 7,400 16% 47% 20 - 400 25% *91 92'% 165 EXCHANGE CLOSED: 24'% 38% 26 47% 165 350 5,200 • 15% 100% 47% 7 25% 25% 471/, 7,000 98% *37'% r 37% *91 2,400 42 24% 16 15% 68 6% 25% 92% '32% ; 41% - 7,000 41% 9 36% 5 34% *97% 9 5% ;_50 100 34 98% 78% 32% 19% 30% 34% ' 77% 19% *30'% 34 % 16 100 ; * 42'% 2% > 7% 7% 20 30% 41% 164% 20% 11% :3oy4l* 20 . 37% ' .14% xl9% r_6.06%- common.. 7% *7% , , 25% 164% Hudson Bay Min & Sin Ltd—No par 37% Jan 30 4 164 - 4,000 *99 104 1 1,900 12% *97% 47%'••'47%,'1 1 • 22% 12% *91 100% 103% 400 22 " *103 *99 5,300 12% 97% 6% ,.- 130 46% y»- 22% 37% 100 Corp *11 V 89 46 % ' 66% ''15% 100 Co 89 47 6% 92% IHudson & Manhattan coin 100 v* 5% noncumulative preferred—100 23 89 % 11,600 72 42% 38 *91 Howard Stores 26% Mar 19 5,100 *70 97% 25% 100 : 1,300 16% 40% 1 16 37% & 40'% 40 16% *24% 25% 1 39% 40 16% ,66% • 24 15% 3 com 3 18% Jan ' 66 400 11% 34% 40% 1 * .134% 500 54 12% 7% 34% 49 49 ■> 21% . 30% x34% 50 121% > *52% - 72 89 46 "120% 500 5,100 45% ,11% 20 *30 63% preferred Lighting *7 > . x97% . preferred 4.40% 7% 20 24 4 18 45 40% s *70 *' * r *19% 25 38% 40% 16% . 12% 30% lo Inc 39% 39% ' V*% 22 12% *30 No par preferred -Houston 22 - common__5 165% Jun 10 32% Feb 22 % 12% 3 31% Jan 17 21% 89% 53 53 11% Power—No par Houston Oil Co of Texas (Del; 25 Jan Sep~2i 39 Feb 50% Apr : Co v- 90 46% *11% $2.25 convertible preferred —50 Household Finance common—No par-' . 10 105 ; .45% 19% 10 500 26 ! v *17% 48% r ' 11% 12.50- preferred— conv 72 45 3 14 May 25 f-JP 19% May 28 '1 1% Jan 12 ft 7% Feb 20 y64 8 Mar Corp Electrochem Houdallle-Industries 6 30 9% Feb 6 10% Jan 33 27 13 3 Jan 5% 7 28% Jan 103% May 10 • 15 15% Mar 14 1% Dec 15 16 % Mar 39% May 12 99 0 105% Feb 8 14 10 'Apr 92 ■ 17% Dec '• 12% Feb 2 25 Oil 16% *70- 18 -**48% 40%, 15% ,72 *7 26 121% 40% 39 . 89% - 20 1,400 97% *37 % - 46% I2IV2 49 52% v * 11% 5 $4.25 preferred Hotel Corp of America 8% Jan 31 29 % Mar 37% May 31 5 Mar 10 102% Mar •* ; 3 100 Hooker 3 103% Mar 16 49 -52% 39% * 121% 44% 10 26 «/4 45% .. 89% .30 *95 1,000 83'% 54 38'% *17% 46 5 preferred Homestake Mining— 11 71% May 18 17 18 18 44 50c common 26 83% 54 97% *37% 1 (A) & Sons 30% 26% 38% 5 Co 30% 85 53% 53% *95 40% *70 30 y2 *83% 53% *120% 39 16% 100 convertible 46% Apr 30 97% Apr 5% 38% x38% 15% 1 pfd (conv)—No par Furnace '' 53 ' l 1,700 6,500 ■ 48% *52% * 5 common Corp (Charles Honolulu 16 35 % Jan 2nd cum Holly Sugar Corp 20 Feb .50 14 20% 97% - 120 v2. 48% par Hotels Hollander 4 40 120 % preferred series A Holland 16 1 22 20% Oct ' "Jun 27 Apr 28 i< 26 17 8% Jan 44% .Hoffman Electronics Corp— 12 32% Jan $4% Hilton 21% Mar 23 1 23 42% 13% 20 ?26 *37% 25% 1/12 2 com 1 14% 20% 30 % - *95 '38% 17'/a 1,100 13% 20 ^ - 85 53% ... 100 new 30% *83% 25% preferred Hires Co 7 14 % Apr 11 Apr 4 17 25 25% Mar 14 Dec 65 34% Jan * 5 44% Jun 106 13% Mar 14 13 Jan 48% Apr 12% Jan 14 " 25 20% 30% ; 13% 20 85 *37% 17% preferred Heyden Chemical Corp .. . 96 No par Powder 3Va% 3 96 30% 13% < 53% 10 common Hewitt-Robins Inc 3 , 12% May 28 29% Feb \ 77% Feb i99 Jan May 31 52% 100 preferred series A Hertz Co (The)5.. fc 30% 30% *<*83% 30 30 .• . 15 4%% 41% May 23 May 10 89 31% Jan 5% May 12 ; 23 15% May 28 14 20% 25 Hershey Chocolate coinnion_.No 11 13% " 100 . common noncumulative 5% 30% 30 20 1 preferred Hercules * 53% Mar 20 27% Jan ;5 Hercules Motors 2 Jan 5 1 common (G W) 7% 24 Feb dist preferred Helme 21% Mar 15 51 % Apr 124 20 liquidating (H J) Co 3.65% 5 54 51% Aug 24 12% Jan 5 28 3%% Heinz 3 20 ; 79% Aug 3 98% Dec 30 10% Nov 28 20% Nov 2 26% Mar 38% Jan 4 37% Feb 29 20% Nov 10 5 19% Jan 1 30 Apr Hecht Co 5 48% May 23 9 43% Dec Jan 51% Apr 19 54% Mar 18*: 31% Mar 18 15% May 12 5 Dec 101 partial Industries Incw Hazel-Atlas Glass Co 9 41% May 22 120 May 19 51 13 25 Jan Ex Hayes 34% Mar 27 13 17% Jan r 126 Feb v, 89% Feb 27 60 27 37 38% July 20 22% Mar 2 . 122% Aug 11 37 83% May 21 51% May 15 91 : •0% Aug 15 22% Jan 6 36% Jan 3 17% Oct 18% Jan 23 27 Dec 36 % Sep 14% Jan 24 39% Jan 3 - Mar 13 27% Nov 21 500 5J% 8,800 38% 400 40 V* .» 40% 2,100 I 17 Jun 21 83% July 18 ,27% Feb 10 35% May 3 Idaho Fowet Co 07% Oct 11 08% Sep 19 58 % Jan 23 72% May 4 47% Jan 5 57 "-Sep 12 50 Jan 23 55% Mar 28 Illinois Central RR Co_^_—No par Illinois Power Co common No par Nov ft. 49 Aug 22 •1% Aug 17 52% Sep 1 02% Mar 28 01 Jan 52 53%.Nov 10 , 55 Jun 55 ,47% May 18 51Jan > 50 % May 22 52 8 tMar 11 Apr 19 53 <Apr 13 55 Jan >9 * 50 % Apr 25 54% Apr- Feb 10 49% Apr 26 53 15% Oct 17 28 .15% Jan 4 16% May 14 May 15 31% Aug 31 27 % Feb 8% Dec 0 10% Nov 28 6 00% Jan 20 58% May 23 71 Dec 29 3 162 Jan 7"% Apr 19 69% Jan 4 169% Jun 15 157 May 28 91% Nov 28 78 May 24 35% Jan 68 6 11% Jan 26 37% Jan 06% Jan 19% Jan 53% Jan 8 24% July 18 7 19 Sep 57 '/a Dec 103 47Vs. Jan 18 33% Sep 11 41 % Jun 100 Apr Oct 105% Aug lfl 38% Oct 11 38% Nov 2 04 Mar 12% Jun 12 Jan 101% Sep 26 0% Mar 13 69 Mar 14 73 Jan 6 42 Dec 60 Jan 38% Feb 174 Feb Insuranshares Ctfs Inc___^ xl57 • 4%% 100 *100 Iron .Corp.^ ; .Nopar Int'l Business Machines new.No par preferred Int'l Harvester . 28 7% preferred. Feb 23 88 4% Jan 31 78 10 Jan 108 Jan 20% Nov 126 % Jan 3 23 23 6 10% May 25 108 3 6% Mar 16 99% May 7 144 % May 12 98% Apr 25 106% Mar 13 15 15% Feb 7 Nov 14 89% Feb 24 21% Apr 104% Apr 114 Jun 2 94 Feb 15 142 8 40 % May 16 44% Feb 20 56% May 28 34 % Apr 20 29% Jan 4 70% Mar 13 48% Mar 74 V* Sep 10 39% Nov 11 31% Sep 9 45 Jun 38% Jan 16 37% Apr 5 International . 2 38 V* Feb 7 3 38 V\ Jan 30 47% Apr 34% Jan 19 1 39% Mar 16 43% Jun 6 40 3 15% Aug 29 13 51% May 9 $1.40 Feb 9 14% Jan 3 cum conv 3 ib % Ml: 36% 3 30% Aug 11 Mar 23 130 6% liar 14 45 65 Sep 125 6% Feb 13 24 34% Jan 4 31 97% Aug 15 104 ' 85 :jun May 10 Jun 89 see page 17 97% Apr 13 47% Mar 16 67% Feb 54%£ep 23 footnotes May 25 34% Jan 5 27% Jan 10 ,• 130 Feb 10% Mar 19 45% May 48% Apr 1 42% May 28 102% Feb 6 58% Apr 5 85 - Mar 21 53% Apr 24 100 y4 Apr 24 105% Feb 27 35 % Feb 3 53% May 10 28. - Johnson , 5% & Joy *100 27?% t , 28% 427 16% 3,400 27%' 27% 2,800 ^ 28% „ 86 86 5% 5 92 *128% 92V2 / 128 % *34% No 13% *36% 14 *13% 31 40%l 127% 6% 1 No par pfd 100 12% com 127% < ' *127% 38% * 90 46V4 19% 19 95'% 57 y2 • * \ 41 40'% 57'% 57'%. 57% *34% 49 1,700 900 35% *34% 35'% 31% 317% 46'/4 46 46'% *46 4678 47% *46 47'% *45% 47% 37 *36 y8 37 36'% 36'% 100 ; I 31% 39,660 32 1,600 13% 13% 13% 13% 3,000 21V2 21'% 21% 21% 2,800 31 ' 24% 31'% 3iy4 24% 24% 24% iV '% iH 43 . y x 2 43% 43% •127% 129 3,100 31 y4 24% / & 43'% *127'% 129 '< 6,300 134,000 9,000 433a 10 129 7% 1,400 42% 2,000 38>/4 38% 89 % 89% 89% 90 y4 90 y4 48 47 471% x47 y4 47% *7y« 7% 43% 100 , .- *98 - 7 7% *98 100 100 3,200 100 . 1,200 20 50% 51% 49% 50% 12,200 76 76 y4 75 y4 76% 2,900 50% 77 44 45 45% 900 41 76 75% 1 350 - 42% 50 103 1,300 19 95% 124 124 126'% 40% , 44 *98 42% 104'% 95 y4 39% 50 75% 19 y4 95 y4 4,300 14,300 43 98 102% 107/b *102% 104'% 170 129 127% 10% 127 , 18,600 39 49 / 93% 129 , 1,200 5 5 91% 11 100 88 *85 130% 7,200 39V4 98 ' 28% 4Q 37% 89% 7 ' 40%. 46 30 28% 47% 125 540 400 30 47% 7%"?" 40%, 100 10 41 . 90 < ___1 5 Johnson 42% 27,200 93% *102% / 5,000 3,900 35 159%. 160% 4% 129 28'% 428 ' 88 128 230 34% 30 128% 900 100 427% 160 29 . 27% . v 353a • /24% & , 37 — 1 28% 430 92% 31 25 aa .50c 100 500 53% 53'% 54% 100 30 ... 21% -*21'% 21% , 28% "/ 21% 30"% 10,100 158% - . 13% 21% 30% 24% par 100 preferred series A.: 46% *45 % 22% 55 3 4 •34% 36-;, x211/4. 54% 10% 37 10 56'/2- 428 \ "_; 47% 8,000 165 8,200 2(% •. - 11 47% *160 80% 53 127% 104% 317% 2,300 5,900 62% 80% 100 5 93% 31V4 10 42% ,, 61% 82 ♦85 129 7 ' 165 21 y4 : 86 *34% 45l/4 ' 19 31% *45 *36% 25 *102 , - 36 30% 10 common v 57% 10% 124 *9% 42 10 43% 63% 55% : 28'/8 57% : Co 50% , 101 57% 1 Co Manufacturing 52 •'•;• so y2 ^24 426 - • 33V2 34«/4 157% 158% V *2934 30 ; 28% 29 -56% common yJones & Laughlin Steel 110 16'% i6y2 "157 54% ^25 1 Co Inc 80 51'% 53% *50V2 *49 42% . 21% 54% 40% preferred 3%% preferred Johns-Ma,nville Corp - 21% /, No par common Jersey Cent Pwr & Lt 4% Jewel Tea 52 50 y2 *iey4 123 40% 3 Jaeger Machine Co, 27 i.1'Jefferson Lake Sulphur Co 94% Mar 14 55" Mar 14 •» 53% "•27% "27% . 57^4 122 40% preferred L) 53 V4 61% - 121 & Light Co (expire June 7) (F *50 3,700 48% 48% ; 5,400 i 1 - 80% 121 40V2 Iowa-Illinois Gas &. Elec Co Jacobs 165 19 95% :__5 " $6 79% x56% - 103% 18%: 18% 3.50 7 *157-• 95% ... Island Creek Coal 64 54% *50V2 ''ri , 2,300 03% 537% *49 -« 32 *31% 51% 10 96 ; Iowa Power 47% Mar 19 • . /, •' 95l/2 Corp Rights > 10 *100% Power Co -f\ May 24 49 "50 ' 62% No par No par Interstate " 27 107% Nov 22 38% Dec 30 Apr 46 14 14 For Jan 24 31% Jan Jan Mar 10 13% Nov 29 x 10 6 59 Mar 15 32% Mar •8. Sep 21 ., 12 y* lg 13 33% Jan 89 Mar 14 •9% Jun Ve May 23 34% Jan 13 6 Sep 26 91% Jan 30% May 16 24% May 29 Dec" 30 35 % J*® 34 87% Jan 86 Sep"6 3 ■ v. 43 60% .;. 101 9 42% 11% Intertype , . „ 125% Interstate Dept Stores 22% Mar 15 10 61% 10% ' 80% Jan 16% Jan : '%•■- 53% 49 - ; 16V4 122 % 7% preferred 1 25 International Telep & Teleg^_No par International Utilities Corp com__5 26 20 % May s. : Silver 32 65 *52% 27% No par 4 International Shoe V-, " ; 52 .50% 15 preferred International Salt May 18 15 34% Mar 15 32% Jan 12% Jan Sep b% ; 52% 7.50 common $4 preferred 19 48% 100 Paper, Inn xtys oi Cent Amer com 19 128 100 International . *5 90% Mining Corp 1 Int'l Nickel of Canada com__No par Preferred 7 101 *85 * 100 i International Packers Limited 14% Mar 13 31 preferred 28% International ; Mar 27 132 Jan Hydro-Electric Sys class 4% 27% 33y8 34 157 15734 *'29% 30% 100 A..25 4 84 11 - 27% No par common Int'l Jan 51% 43%, 157 414 j Interlake ; Int'l Minerals & Chemical com——5 Jan 48% *50" 52% 53% 78% 80 : 57%-59 *21% 223/a 53% >54Va 5 32 % Mar 12 Jun Mar 15 8%. 42% 59 * . 1 33% Apr 2 •' 31 % , . 52% , . 27^8 "' 27% 20 Interchemical Corp common , " No par Inspiration Cons Copper 7 6 100 __a May 28 17 6 34 > , - .. 65% y*. 64'% 52% 31 63% 52% . *50'% ; 52 '■ V *50% .;■„■•*49 *"*;.50%;*49' 16 .«■ >10 V ' 16% 1 :._No par Inland Steel Co . 6 May 21 *52% -.100 pesos .a Rayon. Ingersoll-Rand common 6% preferred 1 34% Mar 21 439 5- May 3 117% Sep 28 33% Jan May 28 Feb- 31 ~ .. Mexico 28 % 141 5 Jan 157 61% Jan 103 De 87% Aug 20 28 35 33 % May 28 9 SA Electrica 92% May 26 6% Nov 21 16 82 May 15 24% Mar 13 . Industria .'Industrial 6 69% Mar 20 50 30 41% Jan 8 29 13 27% May 28 0 175% May 31 37% Jan 4 3% Mar 16 •7% Jan 6 127% Dec 23 23 Feb •• Indianapolis Power «& Light—No par 3 91% Mar 21 21% May 31 12 Mar 29 400 ~05% 165 31% >66 52% ;; 52%' 547y 48% -*50 v ,*'51% - 50 4.20% ^cumulative preferred » 50% Mar 13 13 __50* Illinois Terminal RR Co., , 9 24 Feb 66% Mar 14 • 11% May Apr 59 " preferred..—50 4.42% ; cumulative preferred...-.50 j 10 42 „ 31 % X62% . - , 48% Jan cumulative —10 *4.26% ocumulartive preferred 4.70% -cumulative preferred .29% Jan 25 63 13% Apr 12 34% Mar 15 4.08% 5 _—J __ 45% 44% 45% 101%1101% 47% 48% *101% 102% 49 50% I - . 44% 45 V8 *101 y2 102 Vz 200 48% 49% "13,800 27,500 Number 5539 183 . . The Commercial and Financial . Chronicle (2663), NEW YORK STOCK EXCHANGE STOCK RECORD ftcnge (or Pmlm * X ear 1955" . 43% Dec 28% May 25 30 Nov 94 99 % Sep 30 100% Mar 23 105 13 56 May. 52 Feb 41 % Mar 27 89 May 10 May 6 May 24 96 96; 103 9 107% Sep 7 105;; May 16 Feb 9 102% Mar 15 105% Nov 28 101 May 101% May 21 ,71% feu 9 105 Nov \ 70% Jan -43 / 25 24 84% Apr 21 MarlO - 48% Jan 4 42 31 29% Jun 8 24 Oct 21V« Jan V7i>, i Mqr 24 27% Mar 14 98% Jan 44 V 24% Mar 3 24 V. July 15 « 38 % Nov ~ • 59% Apr 8 30 , Apr Mar 103 ' £3% Apr >18 Mar 27 36% Mar ■: 9 29% Jan 53% Apr Mar 7 38% Jan t Sep 10 58 Jun 23 43% Feb 14 4 .29% Feb 56 3 • 86% Jan 38% Dec 27; 33% Jan 23 0 60 23 523-4 Jan 31 69 -3 98 6 r 92 V. Mar 18 28% Jun 'Dec 100% Jun 32 30 Jan - 231 . .94 4. .... 10 Jan 47 6 Apr 4%% 27 26% May 28 3 Feb 20 55% Feb 9 22% Dec 28 24% Dec 8 50 4 89% May 31 v Jan 48 1 * 29% Mar 29 May 28 10 29% Apr 3 43% Jan 4 52 9 ; Mar 46% 48% 49% 47% 49% 49% 49% 49% *49% 39 39% 39% 39% 40 39% 39% 90% 90% 91 92 92 92 97% 48% *90 97% *104% 107 *104% *101% 103 ♦101%' *102 103% *95 106 103 *101% *101% 82% *43% 45 *43 % 26% *26 % 26% 22% 22% 26% 22% ► 45 18 ,,, • 30 18 18 ' 30% 30% ■«. 126 122% 130 97% 103 ■■' 103 ' 103 1,200 STOCK 18'/a EXCHANGE CLOSED 83 83 - 45 43% 43% 800 26 % 26% 26% 1,200 22% 22% 83% 26% 31% , ■ 400 1,400 106 '101% 106 83 68,700 50 '104% 103 103 *43 % j 106 83 84 48% *04 ,9 7 % ♦10,4% 103 82% 22% 22% 22% 2,200 ,,18 18% ;>18 1,200 • 18 Va 1,600 31% 31% 31% 31% 4,500 121% 124 123'A 120% 122 Va 32,900 45% 12,400 44% 45 % l 46% 48 % '48% "47% 48% 25 24% 24% (111) JLi 24% 24% 24% 24'/a ,24% 24% 43% 43 % 43 43 43% 43% 5 46 47% ,47% 49% 48 49% 47% j 34% 34% *34% 35% 34% 34% ♦34'/8 10 60'% 62'% 61% 62% 61% 62'A 97 97 96% 96% 96% 96% "Joo (S fl) & Co Kioehler -Mfg Cp Kroger Co (The) Shares 50 % 2.50 1 46% MEMORIAL 46% ■•47% ' 45% DAY ■ 46% 48 45 *43 2,000 1,600 1 43% 48% 300 11,600 35 300 61% 61% 97% 97% 140 5,500 26% . 27% 27% 27% 27% "27% 27% 6,200 48% 48 % 48% 48% 48 % 48% 48'% 1,500 25% 25% 25% 25'/a 25% 25% 25 % 25y2 45% . """,1 27% 48 No par \ — -/ 45% ' i0 __ "Kress the Week June 1 48% Xl20% com & Wire Co Co— Friday ,. May 31 *89 5 prior preferred- (S S) Sales for ■ . Thursday 43% —__1 ^preferred 4% Kresge 50% Feb 29 Jan .22 : Indus • t May 30 *39% No par Corp King-Seeley Corp Koppers Co Inc "common 40% Mar 19 May <2o_—.L.L Wednesday May 29 x39 I_100 I——100 Hiqq i.tKimberly-Clark • • & Oil cpnv Keystone Steel 12 58% Apr (Julius) ' ' : . .Kerr-McG'ee ' 47% Dec preferred KelseyiHayes Wheel— Kennecott Copper Kern County Land Co_ 51% May 7 26 % Mar 20 24 .39 % F.eb 33% 50 preferred Kayser 1,47% Mar 14 44% May 28 , Corp Tuesday - May £8 preferred 4.35'% cumulative preferred 100 Kansas City -Southern com No par 4% non-cum preferred 50 Kansas,Gas-& Electric Co ^No par ; Kansas Power & Light Co 8 75 26% May 21 23 Chem 4.20% 15 Jan cum 4.50% 42% Apr 25 27 4% May 22 21 & preferred 1 25 27 4%% 13 Feb May 28 113; 15 Mar 13 92% May- 9/ 46% Jan 20 Jan Monday Par Kansas City Pr <Sc Lt Co com_No oar 3.80%. preferred ; 100 "• Apr " 18 129% Aug 20 8 Oct / ]. 105 .21% Jan 10 3. Mar 108 - 4 Kaiser Alum 1 28 LOW AND HIGH BALK PRICES ■ STOCK EXCHANGE 47% Apr-20 4 STOCKS NEW YORK 37 % May 17 14 45% Mar " Highest 34% Feb , 39 Range Since Jan. 1 ■ Lowest Highest LowmI 45% 45% 46' 46 46% 45% 46 1,500 , 1,600 • L 12% Mar 15 Sep 16, 14% Apr 7 13 25% Apr A 22. .Dec 16 > 5% Jan 18 Va Dec Mar 14 20% May 10 28% Jan ;25 34% Sep 4 98 86% Aug 11 .11 Feb .Mar 14 4 Feb 7 4 25 27 ; 2 * 18% Apr 4.32% 20 31 V. Feb 89 18 Va 26" .1% Jan S 2% Sep 1 11% Jan 3 17 Va Dec 16 May 13% Jan 22 2 97 Apr 26 42% Apr 30 21% Jan' 3 May 28 Jan 3 2% Jan 19 31 Lehigh 3% Jan .""1 6% Sep 1 5V» Apr 23 47 % Jan 4 43% Jan 23 16% Jan 4 20% Jun 19 "Feb 9 74'A Feb 9 $3 21%'Mar 26 16 Jan Sep 30 .22 23 " Mar 19% Jan. 3 •64% Jan 89% Dec 18 13 V. Jan 3 24% Dec 9 47 6 164 % Nov 66 26 Jun 1 7 " Apr , 9 18% Mar 29 15 Va May 28 25% Jan 153% May 17 49 1 23 Jan 28 % Feb 7% 8 Lily Tulip 15% 15% 26% 26% 26% A''- 17% 17%- 19% 19% 19% 32% 31% 32 32 % 31% 90 Va ♦88% 15% 15% 37% 37% 38 39% 18% 18% ' 1 ; 21,700 40% 39 Va 39% 6,200 18% 3,800 1 18% ; -• • 2'A 17 V. *5% 6'A 45% 46'/a 17% 18 19% 15% 26% x50% 19% 31" 46% : Oct 55% Apr 6 16 . Dec'30 21 Va Jan 14 14% May 28 25 39 % Sep 19 35% Jail 24 - 103% Sep 19 89 14 ; 25% Jan 79 15 Apr 40% May 17 64 % Feb 17% Mar 14 56 ' Jan 24% Aug 73 7 26% Mar 14 114 Oct "• Dec '°% 123 5 47% Jan 7 F.eb 25 % May 23 81 28 Jan 10 0 35 21% Mar ; 8 107% Apr 27 ' Sep 26 100 * Mar 103 V. Jan 6 ., * 102 Mar 11 20% Oct luo, 11 7 147 3 58 July 27 77% Jan 0 90% Dec 89% May •23 V4 May 106 •- 104". 10 83% Jan 27 25 Jan 51% 19% 19%* 19% 19% 82% 83% 83% 83% 4,700 15% 15% 15% 15% 8,100 65% *158 - 51% .. 26% v ~ f •/' <• 26% 26'/. ' 53 53% 53 22 Va Mar 14 31% Dec 6 22% Jun 1 51% Jan 3 42 Jan 20 Mar 14 Vs Feb 7% 62'A Mar 19 109 May 27% Feb 8 •• ' 39 Va May .10 94 Apr 18 15% 16 15% 15% 2,600 42 42 42%. 42% 42% 3,000 100 *95 Va 98 1 44% 45% 45% 46% 46 46% 22% 23 Va 22% 23 >A 22% 23% 10 72 74% 73% 76% 78 78% 78 10 30% 30% 30% 31V. 30% 31V. 100 *116% 116 V. 116% par 75% 10 22% xJ- 100 preferred ♦104 100 preferred Co (Mr* & *95% 118 98 - 1 118 77% 78% 80 22% 22% 22% *104 xl8% 19 142 X140 */ EXCHANGE CLOSED 99 -l ." v; 1 -• '*•' •' "1- + ', 1 DAY *141 6,700 31V. 3,600 117% . A 79 . *104 98 ... - 14,200 ' 105% *95% 5,400 . 23 ■* p--.- ' 98 !f v'.*98 99/ 19 " '18% 19 137% 200 > 79 "22% 99 m* 18% MEMORIAL 140 31,200 78% 117% 105 Va * 16,300 23 30% 22% *104 97 46 22% •■ , - 82 *95% ■ *95Va 45% fr 22% STOCK 98 *98 *95% .98 79 105% *95% 99,^' f 19 Va -19 ♦141 . • ♦116% 105% .*98 10 common El Va *95'/a __lou '• 1 ' * ,' 140 142 v z "V W « 7,800 50 (Ky)_Nopar *57% 58% 57% 573/4 58'/. 58% *57% 58% 200 60 03 Va 97 'A 95% 98 97%/ 98% 97 / 98 V. 4,800 22% 22% 22% 22% 4,300 76 76% 76 76% 3,000 33% 7,400 Nashville Lowenstein 2,500 15% 41 100 Gas & Lukens Steel Co 63 15% preferred f & 62% 15% preferred D Louisville 9 4,500 41 B preferred Louisville 10 V. V 14% preferred series 14,100 • No par 4.35% .series E Lorniard (Pf. Co 5 2i series 4.25% 23 143% Jan 5% 54 v V. 40% Long Bell Lumber (Md) A No Long Island Lighting Co com • ■ 64 V. 63 62% 3,700 160 _15 Cement <lorp_ Gas Co common conv 62 ' 66 *158 Va 159 Va. <. 27'/. 66 l/a *158% 53 26% k 66 Va 65% 66% 159 1,900 - 2.50 — Star 62 500 com Aircraft Corp Inc 4%% 13 ' ■ >Lone * .8 convertible Lone Star 9 r02% Jan 3 V?% Loew's • 7 iViay 21 Co_ Corp (The)__ Carbonic- Corp ^Lockheed 7 2 137% Apr 49% Jan , Mav 14 16 18% May 29 30 ■( 7 32% May 17 1?V 9a May 25 45'A Jan' 3 14 May Apr 16 96% Apr 17 3 139 % Dec1 ; C Jan 9 103 July 15' 25% Jan 12 53% Jan 27 4 23 11 100% Jan 43% May 24 11434 Mar Belt Lionel /Liquid 18% Jan 5 'Link 29 64 V4 Jan 20 Oct 16% Feb 11,900 15% ** 49% Mar 29 1 28% Mar 14 :38% Sep 103% Mar 66% May 10 21 "v- ■ July 23 3,700 20% 83% * * 46 V. • 19% 26% 66% 157% 10 45% V." 46 2,600 4,400 '' 15% - 26% 66 Va 157% 6% 19 Va 82'A 15% ' 6V4 •' 18 V. ; 2% 17% 19 Va 6 Va 45% 46 2% 17% . 17%; : *6 6 18% 2% —■ 82% 19'A 81 5 Corp • 2'A 16% 25. com 18% 18% 2Ve 7 ' 16% 16% 10 1,000 90% 15% 2% No par 1 *88 Va 16'A 18 V. *31%- 32 • 15% 39% ' ; 45% 3,200 90% 2% Xl7% 200 1,100 19% 19% • 400 17% -•■-•17%- *88 Va 16 :• 6 3,700 4Va 15% 90 1 Co *4 Va 17 Va 15% 18% 4 4% 4 15% 32% 100 Cup 15% 26% •" .- 4 - *88'/a No par - preferred ; •?•.• '. V / ' :__s pld Libby McNeill & Libby Life Savers Corp Liggett & Myers Tobacco 2 55% May 2nd ^Libbey-0 wens-Ford Glass 2 20 preferred—No pal (The) & FJnk Products Lefner Stores Corp_i____•_ 7 72% Feb 163% Feb 3V 65 % May 29 16 19% .15 "Lehn noncum -.15% . ' ' *17V4 . 17% 10 ' ^Lehman Corp 1 • 50c / ' ir 15% 26 Va 19% 17% 1Q0 new *26'A 4 '/a 1 Co common_3 Cement 1st May 98 " 1 Sons 26% v *4 Valley RR______—No par Valley Coal common _1 noncum Feb 50 % ' Apr 22 29% Sep 28 72% Sep 22 22 Sep ' 1 23 61% Mar 14 149% Jun 4 8 & Portland "Lehigh Lehigh 1 40% Mar 14 . *26 V4 0 — (James) 15 15'A * 3.85% preferred % Lehigh- Coal & Navigation Co , ' Feb 15 25 Bryant . Lees 30 Mar 22 4 A series Lee Rubber & Tire 16% Mar 29 15*' Apr 24 ; , '-Lane 27 34% Apr 8 10 preferred La Consolidada 6% pfd..75 Pesos Mex 22% Mar 12 May 29 common ' 6 16% Mar 13 3o% . ^Laclede Gas Co Mar 16' 4'A Jan 19 va 6 ' % May 3 25% Apr May 25 15% Nov 28 18 Va Jan r e 16 Sons Inc __1 22% 23% 22% 23 10 — 72% 78 75% 77 » M 12% Mar 14 26% Dec 28 48 lA Jan 19 133 Mar 28 53 % Jan 3 193/8 Jau 140 0 'July 22 32 »A 21% Jan *Z -/a 138 July 27 ■ 23 May ^8 33% 49'/4 Jan Jan 11 26 V4 Jan 10 39 3 Apr 355/8 JUiy 15 2<JV4 Apr 11 31% Jan 89 18 92% Jan 13, 9% Jan 23 8% Apr 11 100'/4 Jan 23 10% Apr 6 10'A Feb 28 Jun 13 7% Jan 6 13'A Jun 3 8% 6 12 V* Feb IB Jan; 56aA Jan 23 122 19 139 34 Feu 10 41 570 Apr 13 610 4 16 5% Nov 25 28 May 16 34% Jail 113/s Feb 17 353/8 Jun 5 'A Mar 21 21 28 Jan 6 16 Jan 7 20 V* Feb 6% Apr 35% Jan 3 Feb 13 33'A Jan 4 9 18 16% Feb 1 Jan Mandel 46% May 4 10% Apr 18 Manhattan Marathon 48'A May 4 18% Mar 19 Oil Marine 5'X */a Apr 16 55% Feb 15 21 29% Apr 18 36% Jan 6 Marquette 7 38 Va Sep 22 36% Feb 21 37 Apr 3 Marshall' Fi«dd 92% Apr 31 92 Jan 11 99 Apr 25 98 Jan 24 23 Va July 19 44 Feb 4 Apr 24 38% Jan 3 253/8 Jan 6 40% Dec 19 35'A Feb 9 22 »A Nov 29 26% Feb 16 19% May 25 24% Jan 48 Va Mar 19 25 33% jviar 14 44 V4 July 21 39 May 25 94% May 99 Jan 10 SO Apr 3 11 97 4%% May 16 99 Jan 12 89 Apr 20 96% Jan 83 Jan 18 88 Apr 11 83 Jun 1 87% Mar '"25% Jail 4 28% Feb 6 52 Feb 16 $3.40 cumulative 3 Maytag 20% May 16 25% Dec 8 20 Va Apr 12 25 Jan 12 23 Mar 14 34 Nov 7 25 3 6 46 Aug 22 44 May 15 May 31 32'A Jan uan 46 Jan 6 14 Apr 15 Jan 16 83 JA Jan 24 14 Va Mar 14 16 Va Feb 29 91 Aug 1 58 573A Jan 17 Dec 45 July 16 8 17 76 Va Mar 29 Apr 13 47 Feb 9 78% Dec 15 71 % Jan 23 91 Jun 13 80% Jan 3 453A Apr 29 Ve Feb 25 17 43 % Jan 23 21% Aug 11 15 18 67 May 40 Mar 14 4 Apr 1 523A Jan 18 Jan 3 713A Dec 20 V» May 28 12 15VaBeb 68 Feb 1 14 35 V4 May 29 101 Aug 60% Jan 2. 21 106'A Apr 18 77% Dec 9 77 % Feb 21 30 Va Feb 13 99 % 7 393/4 Sep 21 26 Vi Jan 0 46 Jan 25 33 3 21% Jan 18 283A Jun 28 23% 20 26 Jan 31 93 Sep 88 Va Mar 30 102 Jun .9 30% Apr 96 * May 23 89 May 5 16 4'/.% 32% Mar 15 27 V4 Feb 6 Mercantile Stores Apr 25 • 8 May 31 112% Apr 22 106% Jan 23 3 33 Va May 18 93 Feb 9 5 $4 18 17 44% Jan 22'/a Oct 11 26% Feb II 18% May 28 56% Apr 23% Jan 48 64 V» Jan 103 - 6 Mar 28 Dec 13 52 % Aug 26 103 Va Aor 18 107% July Jan 27 95 % Apr 30 102 Jan May 15 107 102 Jan 23 93 Apr 26 99% Feb 21 93% Dec 101 Apr 18 95 May 24 98% Jan 31 9 106 108 V4 Apr 25 103% Oct 4 32% Jan 6 108% May 60 For footnotes Sep see 9 page Mar 47% Jan 28. 2 20 Mesta 6 1 Apr .26 .59 'A Mar 19 Co Inc 2nd Machine 4.35% 3.80% 4.45% Miami 100 6,600 300 24% 35% 34% 35% 3,000 *91% 92% 32% . 33% 41 Va 43'A 17Va ; *91. 92 34% 45 V. 45 45 8,200 20 20% 20% 20% 20% 20% 20% 1,100 39'A 39% 39% 40 Va 39 % 40% 4,400 92Va 93% 83'/. 93 93 Va 92% 92% 240 *92% 93% *92% 93 Va *82 % 84 83 83 31 92'/a *92% 83'A 30'A 31 30% 31%- 30% 30% 1,000 55 % *55 56 55 55 56 Va 200 21V. 21V. 25 Va 25 '/a *44 93% 84 44Va 21 25 Va *44 14 14% 14'/a 78'A 78V4 79Va 61'/a 62 87 '/a 89 Va 63 Va 66 46 Va 20% 63 21 25% 26% 44 14% 79Va 63% *79 17 Va 69% 35V. 35% *100'/a 101% 100% 100% 85% • *74 31% 1 93% *40% 83V4 31% 93% 42 24% 30 31% *89% 93 ,109 109 49'A 50 18% 18% 24 3% 16%c No par No par No par 12.50 54'A 5 97'A 100 "" *102 *95 55 97% 102% 96 100 *93 95 100 *106 108 50'A 51% *78 31% 93% *40Va 31% 93% 42 24% 31% *83% 92 109 109 *49% 51'/. 24 31 Va 18Va 55 Va x97V. 18% ,56 97V. 14 Va 14% 80 14 Va 14% 80 *79 — — 50 21 *43 V. 17 Va 72 50 , *26% 44 36 V. 17 Va 46 20% .21 26% 44 69Va *46 20'A 21 26% 36'A " 69 *84% *20% *55 44Va 89'/. 86 46 Va 20% 17 V. 70% 9 30,300 93 Va 50c 100 — — 33% 43% 46 Ve 100 100 — 35% 45% 40'/o 100 pfd 92 34% 55 % 100 , *90 35% 33% ,-25 common 92 8,300 39 x30'/a Inc.. *90 18 20 - *92% *92'/a *82'A common preferred series preferred series Copper 41% 34% serieso. series 40 Va 34% 10 preferred series 43% 2,800 34 18 pfd 3.85%. preferred 41% 9 200 40 V. 9 33% - Metropolitan Edison 3.90% j *39% 9 V. 1,600 Va 3,100 1 Co 6 33 V. 5 Linotype Co Merritt-Chapman & Scott May 10 102 1 & conv 39 '•.MM, 5% 55% Inc Mergenthaler 3 93% Mar 29 14 Merck *5% 33 17% 5 $3.50 preferred Jan 5% 6% 17% preferred series B 112 5% 9'/a 8,800 4,400 *54% 1 Co 5% *5% 39 37 570 17% (The) 4'% 105% 36% 33% (1st series) Corp Co 56'A Jun 96 Shoe M'engel 101 *550 55% 17 %: 5 1 pfd 4.30% 36% 17% Co preferred Melville 43 5 8 11 9% 107 V. 570 32% common common 42% May Apr 39 36'A 55 preferred Robbins 98 2 42Va 5% 5V. 105 *550 17% Stores3 Co Feb 7 39 Electric 2nd 42% 36% 55 common Cum 41 Va 107 575 300 3,200 32% McQuay Norris Mfg Co 433A Jan ' Corp 23 91 Va Mar 21 9'A 3 McKesson & 102% Jan *38 39 9% 50 convertible Corp 5% *38 No par McLellan New 5% 6'A No par 29 Mead 34% *560 < 5%" <5% *5% No par 48% Mar 19 30 104 Va 35% 575 80 f 8% 55 Publishing Mclntyre Porcupine Mines 82'A Mar 21 < No par pld—. 23% Feb 19% Feb 109 ' 8% 31% McGraw-Hill 41 Va Apr 34 - 9% 55 preferred McGraw 1 95 Va Mar 103 *560 pld 1947 series—No par McCrory-Stores 65% May 11 102 Va 10 8% 31% Corp common 3%% *9% 1 Corp $2.50 89% 10 *89 9'/» 0 preferred M'cCord 89 Va *9% 9 1 Co common— McCall 90 9% 9 _No par May 16 a 24% Feb 12 July 21 $3 89 9'/a 9 31'A commorl cum 9 90% 9'/a 10 4,000 *54% Co Stores $3.75 44 81 Electric 4 54% May 15 89% 9'/a 6% - , No par com preferred 34% Apr 56% Jan 89Va ■ No par 2 - 30% 4 Corp Dept 30% 30% 10,000 50 common Co— $3.75 200 • 30 'A 1 100 L) 7 35'A July 12 56% Mar 31 - Co 44% 143 30V. 5 preferred Master May & 33 Va 30Va —_1 pieierred Mfg Co Cement (Glenn Masonite 24 Feb Corp convertible Martin 50% Mar 23 94 . 4v *140'/a 33% 30% 6.25 Midland 59 37% Dec *43% 140% .'29% 1> Corp 44% 140% 33% 10 1— *43% • 33 _50 Exploration 33 Ve 43% 33'/. ,33% No par Shirt Maracaibo 33Va 144 33% No par Bros-—- 43Va, *140% 32% 31 Garden—No par Magaia Copper. Magnavox Co (The)__ 33Va '42Va 144 .'33V4 8 „ 9 31% Jan 42% *140% Mahoning, Coal RR Co„ Manati Sugar Co—— 3 33 33 100 Square Chef 54'/a Aug 23 July 14 6 common__10 Inc 34% Nov » Forbes Co Inc com__L__No par preferred series A_. 100 4>A% 27 7 Trucks Magic 6 5% May 29 11 27 Jan & Madison Mar 13 21 685 Working Co Macy (R H) Mar 20 22 Jun 8 % Apr 4 7% Sep ^ 10% May 18 18 4% Dee -Sep 41% Sep 6 Jan 543 Va Jao Apr Wood preferred Mack 3 95 M 6% 23 88 Va Mar 15 & MacAhdrews 144 .-. May 24 26 Va Mar 14 , M Jun;-1 800 / • 8C0 20 4,300 ■ 110 63% 64 63 V. 64 2,800 90 94% 94 94% 2,100 86 84 Va 84 Va V. 46 46%: 21 Va *20 *84% 45% 46 20% 21 400 4,100 500 17% 17 V. 70% 71% 35% 36 35% 35% 1,400 101 101 *100 Va 101% 70 *18 91 *77% 17% 17% 31% 31% 93% 93% *40% 24% 31% 42 24% 32% 89 90 109 109 1,100 3,b00 31 Va 93% 91 31% 93% 2,900 230 41% *39 24% 313a *88'/a 24% 1,600 32% 36,100 90 Va 300 109 109 *49% 51% 600 400 50% 50% 18% 19 18% 19 56 V. 56% 56% 56% 1,300 97 V. 120 *96 97'/. 97 V. 104 *101 103 103 103 *102 *94 96 *94 96 *91 95 94 ♦92 -50 96 *92 14.800 94 *92 *104% 50 '/a 107 *104% 51 50% 107 51V. ~ *104% x49 107 49% 4,900 23. The Commercial 24 and Financial Chronicle Monday, June 4, 1956 . (2664) EXCHANGE STOCK RECORD NEW YORK STOCK * •kear 195# "Lowest 24% Jan 3 38 Apr 9 Mlawest 10 32% 32% " 33 27% 30 28% 21% 21% " 11 19% Apr 17 Jun 20 14 .117 Jan 6 115 D^c 28 ,107 36% Jan 9 1 23% Jan 3 Minneap & St Louis Ry_ 17' Jan 23 22% May 14 Minn St Paul & 8 S-Marie*—No par 58 Jan 23 78% Mar 29 Minneapolis-Honeywell Reg c0m..l.50 112-% Jan 24 Jan 19 151% May 26 93% Nay 7 35% Dec 77 4 14 23% May 7 Apr New 2 24% Jan 3 105 11 Apr 12 Apr 30 17 88" Jan Jan >3 ■ < 2 34% Feb 17 42% Apr 9 30 % Jan 10 12% May 7 19 -Jan 3 44% Feb 15 22 % Jan 17 33% July 5 27 Aug 10 ' 32% Dec 30 8% Jan 6 ' 21% Aug 12 73% 8ep 1 100l/2 Jun 7 81% Jan 5 Mohasco 8 May 29 65 May 28 76 May 29 88 Feb Jan .5 22 Mar 23 21% Feb 23 Feb 9 83% Dec 7 73 14% Dec 1 18% Feb 24% Jan 23 7 16 19% May 12 20 11 73% Apr 28 107% Nov 15 6 34% Mar 14 25% Oct May 28 30% Jan 23 37 '/a Mar 26 A May 21 32 % Dec 30% Oct 9 23 36% May 4 Motor Products 32 % Mar 7 4 Jan 18 Sep Jan 6 25 42% Feb 10 45% Jan 36% Jan 23 42'/4 Apr 12 2 42% Jan 4 47 50 Inc Mar 15 (F E) Myers %' " 22% 40% & 17% *23% 24% 22»/« 22 'A 20 J/2 21 21 40'/a 34 35% 41 1 35% 5 ■ . leVa 4!%.' 24% 44% 44% 32% 32% 4,400 45 32 »/8 , I7# iff 4,600 45 32% 16,200 - 229,000 % " 86 43 42% 44 20% 20'/a 20% 20 20'/8 /;7,700 Z:-, 2,400 22% 3,200 22% 22% 23 »/4' 22 J/2 41% 42% 42 34% 34% •34% 25% / 36% 35 26 K 5,000 42'A 34% 5,000 26 -• • 2,100 • 1 16 % 37% 1,900 37% Id 16% 1,000 42% 37% . 36% 42% 42% 1,600 27% 37% 3,300 44 42% 43 43 *43 44 / 36% I6V2 I6V2 42% *42% 26 36% 26 36% 36% 43 12,200 v ;>.'■• 41% 34% 37 J/4 43 34,800 / " 42% 16 % 37 v 500 85 V4 Iff 42% 42%" 400 2,100 ^ 24% '>24% . , :ZZZ 42% 41 16% 42% 1 . 85 36 10 > 40% 44% 32% 25% No par Bros , 24%. ' 26% 35% 25% ,_3 . 580 ' 2,800' ■ 22% 22%" 41% .10 110 Z-Zv 20% 3 Corp 14,400,. 68 .• : ;73%z74% 41% 20% X20%. 15,400 : -l'lS 83% 85 42% ' —10 , * Munsingwear Inc Murphy Co (G C) Murray Corp of America 11 6 Mar 43 40% Oct - W/u 12 Lines (John) & Co Wheel Corp Mueller Brass Co 40% May 10 19 Jan 18% May 21 Dec 40 28 3% 31 *66 ; ,17'A 40% 44% .»8 . / , 22 J/4 24% Motor 33 22% July 20 47 Feb 4 26 Morrell Motorola 30% Jan 33% Apr 27 42% Mar 3 11 17% Jun 28% Mar 12 51% Mar 14 25% May 28 20 40% 24% 81% 67 42 r ' 8% 2 4'A 20 J/4 40% * 8%. . > 24% 24% 44% 30% &' r 16% ..17 • 23% V 8 2,100 , Z-o"; 6,000 66'A 41% . ' 5,000 ; 13% » 20 22% 44 J/2 .42%.. . 7,600 8,200 ; >22% .. 17 24 *19% . % 73 39% 1 Moore-McCormack 10 20 * >42 7,200 """" 32 , -66 t , , 36 J/4 *13ya V , .67 J/4 V 66% 67 22 20 20 -32 >13% .,13% ' 2^000 - 42% 31'A 73.73%./ 17 - 22 >/ 31% 66 24 17 * 24 .35%, -3d 8% 8 —5 ———**!—*—*—**■** 18% Jan 7 22 May 17 ■ 73 24 Montgomery Ward & Co No par New. common*/ZZ/ZZ 40% May 28 9 27% Mar 14 Rights , 95% Mar 13 46% Apr 27 22% May 4 74% 21% 25 Oil Co Monterey 66 .. 3,000 27% 13% . 42 J/4. 35% . 200 /«. - 36% J3% . - 450 8J'/2 27% - 43% * 240' 3,500 17% ' 3d lA : 2,900 ' *24% 1 25r'/2 '. / 13%. V 13% i' (The)—_No par Co Power " 16% - ——No par Montana 45% May 66 •73 Chemical Co 'lZ*Z**iii*2:; 8 26 43 8% V 36% i-' -26% > 42% - 65- DAY 13% • 8% 5 1—*lOo 100 lr25 MEMORIAL 67 42 240 3,000-' ' 103 17% 83' ■; v "36% "31% 13% 5,300 , 68% 103 : 17»/2 84 M 25 ;,/• 25 « 102%; : ■*83 CLOSED > 68 y*' . 65% : ; 68 V 4,300 ', 137% 135% 8,500 2,000 ■v. .114 114 , 69 Vi I* "17% *35% 31 32% 138 43 .43 34% -13%' 41% * 71% 102% ; STOCK EXCHANGE 13% 41 ' .100 Montana-Daicota Utilities Co 39% Jan 25 — —„Z/ B Monsanto 20 % Jan 21% Apr 23% Dec 60% lun 3 5 13% 65% 71 y» •• 73 114%., ■' , • 36% 26% 26% •'■'• 34% : ; 20'A 08 25'A 13%" 30% 10 Inc.**— Industries preferred Class 3 28 May 28 16% Mar 14 Corp— 3 Jan 28 81'/s May 28 44% Mar 14 / "41% 34 com—No par RR Monon RR class A———— 51% Mar 19 23 »/a May 40% May 28 18% Jan ,;i' preferred Mojud Co Inc — Monarch Machine Tool*..*—No par 3 24% Jan 39% May 28 52% July 6 32% Feb 18 43% Sep 22 38% Jan 3 23% Jan 5 4.20% i 3 24% Jan Jan 30 3%% 20 26% May 21 2 Co— Pacific RR class A—No par Missouri 11J/4 Feb 29 Feb 20 14 15 40% Aug —1 19% 136. ; ' 84% 4 35%' 14% 13%39% — preferred series A 7% > 47% May 14 26 15% Sep 54 > par V '69 *24 /.*' • 65% May 29 35% Apr 84 "83% -25 -36% 27 r^y-27 - 79% Sep • % 22 »A 20. 72 103% 17% 17'A 17 % •34% -_1 * Fuel River Mississippi 0 Jan Light—-No Corp— Mlssouri-Kan-Tex 5 17% Jan 8 8% Nov 29 49 Maid Mission Corp Mission Development 34% Jan 11 30% May 28 Mar conv Power- & Minnesota 30 40 % Mar 26 3 13- 66% 103% 104 * 25 * 13.7 4 ' 17 -83 2nd ,134 66 J/2 66% *103% 100 1st SL50 Minute 49% Apr 23 29% Jan OciTl 33% 133% - 34% 29'A 22 .114% -116% *114 '■**; 130% -1 34 y® 28% 22% 19% 115 — 35 29% 10% 72 115 ' preterm!—,*—25 Minnesota <& Ontario Paper**—2.50 preferred 85.50 V 19% 70% ' r ' 80 /; 1*300. ; 22% .22 20 - 140 Z - 100 1,300 141 • 29 28% 22 V 140 34 JA .34% 73 18% No par * common ;'■> "138 139 139 ' 3 36% Jan Issued"/ "when com preferred - 70 > cenv Minneapolis Moline Co 26% Feb 28% Dec 30 22% Jan 20 $4 ; 11 33 - preferred--.—*/—100 Minn Min & Mfg common*—No par 75% May 10 May 25 102% Jan 3.30V/ Mar 15 120 66 6 'm No par Mar 105 15 13 % Nov 25 20 : 139 *138 100 Corp • Apr Jan Oil * Dec 30 12% Jan 1st preferred Minerals & Chem Corp of Amer___l 21 1 JUn 8% 27 % May 28 13 70 •i 9,200 41'A 40% 41 <tb% Z 61 *58 62 *58 40% 40% . 142 11 23 V* Jan 40% ' 20 Oct 02 !■ 40 17 20% Oct 80 o common 29% Feb 28% Mar 102 % Prod 135% Jan ' Oct Steel 60 23 41% July 13 106 Midland 60 Z 62 *58 Shares 29% 29% 29% 29 29% 21 35 11 50% Oct Mar 12 47 5 Inc——• 28% 28% * June 1 > May 31 May 30 May 29 > May 28 28% 10 Nov 30 ' 15 Enterprises T , Par Inc Bale* fw the Week Friday > Thursday * Tuesday . 54 % Nov Jan 21 25% Jan 21 29% Oct Utilities Midland May 28 40 South 65% May 14 9 46% Jan 9 Middle 6 Jan : Monday . EXCHANGE Highest 33 STOCK 14b V2 Sep 37% Jan 25 133 i 28% May 15 7 Dec 70 Lowest „ 35% Mar Oct 18 Jan 19 29% — NEW YORK > Range Since Jan. 1 Highest • STOCKS %■ PrwUu Range (or FBICRf LOW AND HIGH 8AL1 Wednesday " » ' : 200 . ; ZZ ;Z - >• z N 20% Marl 4 15 % Dec National Automotive 42% Apr National 28 Feb 10 Oct 11 Mar 21 14% Apr 2 National 13 Can 50% May 14 26% May 14 National Cash National City 35% May 14 *62 14 34% Jan 30 10 20 Feb 10 Jan 15 . 34-% Jan 3 97 % 38% 38'A J67 10 11% 5 Z:/>45 167 % 167% July 29 ' 24 25 25% 37% 37% 38% 21% Department National 7 Distillers 13 6 53% Nov 30 12% Jun Jan 153 26 5 31 7% Mar 12 13% Mar 47 $4.50 18% x53% *101% No par preferred B National Linen 100 Service 14 20 19% May 3 National 20 76% May 4 National Steel National Sugar Ref -Co 98 9 Corp.. Apr 13 Natl 2 38% May 16 23 77% May 7 101% Feb 20 25 Apr 40% May 28 7% Jun 1 11% Jan 3 14% Feb 18 12% Feb 13 6% Dec 10 10% Apr 19 6% Jan 9 48 Malleable - & Steel Shares (The) 4v/ preferred ; Jan 3 National Tea 13 National Theatres Co * _ ,5 40% 1 r Inc 13% "6% Nelit Corp, ' 1 ' 13% ; Neisner Bros Inc 1 15% Newberry Co (J J) common No par 33% 3%% preferred .100 *90 : New England Electric System ..1 16% New Jersey Pr & Lt Co 4% pfd.100 *94% Newmont Mining Corp » 10 107% Newport Industries common ___1 '■' 19% 4%% preferred 100 '79 % Newport News Ship & Dry Dock—1 T ' 50 j' New York Air Brake 5 * 28 V2 New York Central. 1 No par. *'37 Mar 29 National Vulcanized Fibre 13 Jan 19 15% Jan July 75 May 10 Feb 94 Jan 5 20 Apr 96 83% Jan 104% Sep 3 36 24 16% Apr 26 Mar Jan Co Mar 13 9 14 125% May 7 20% May 29 1 20% Feb 82 % Dec 78% May 10 81% Feb 8 78% Mar 30 50 62% Jan 24 7 23% Jan 7 31% Jan 5 18 Jan 16 33 Dec 49 % July 27 59 Dec 22 22 Feb 27% Feb 37 10 May 28 14 33% Apr 30 47% Jan 3 9 23% Sep 27 80% May 10 90 400 Mar 10 33% Fob 103 24 Jun 29 102% Jun 30 May 28 26 % May 1 68% May 11 N 77% May 29 94% Jan 6 33% May 18 30% Feb 91 Y Chicaao 106% May Jun 15 610 Sep 15 450 28 Oct 18 39 Jun 22 20 57 Oct 18 71% Apr 18 45% Mar 22 18 19% May 25 22 New 17 New 7 $5 64% Jan ,15% Apr New 23 Jan May 15 500 Jan 30 N Jan 9 N 21% Jun 2 Get 26 45 Sep 8 911% Mar 8 97 Nov 14 30 5 36 % July 27 7 87 Nov Apr 4 & Louis St Jan 82% July 87% Mar 11 93% Jan 100 13 Mar 14 37% Apr 86 May 13 3 Mar 14 Mar , 5 New Haven & 12% 12 Ve 101'% Jan York Common $3.75 preferred 38% •40 J/2 >••14 34% Feb 28 85% Feb 23 3.40% preferred Feb 13 3.60% V., 91 May 21 98% Jan 9 3.90% 98 May Jan 16 18 13 23 Aug 23 61% Sep 26% Feb 47'% May 17 92% Dec 22 60 % Jan 25' 1 6 3 39% Jun 27 91 »/2 May 4 46% Apr 20 111% Dec 8 4 May 21 103 Aor 71% May 9 26 J/4 Feo r 7 77% Jan 27 95% May 16% Jan 19% July 27 85% Jan 5 16 " '*13% 23% Apr 4 23 ; I Adjustment North Northeast Jan 3 Northern 47% Feb 7 Northern Apr 9 12 ' - 19% 20% 79% 79% '•79 J/a 52 52% 52% 20% ' 99 % Mar 23 100% Feb 9 99% Aug 29 18% Sep 21 16% Jan 20 18 Feb 6 92% May 9 103% May 11 83 % Apr 26 91 Feb 21 103 99 % Mar 29 Jan 103 V2 Apr 96 4 20 May 3 28 y2 22% Sep 26 39% Jan 10 16% Jan 6 26% Jun 7 1. 39% Jun 7 31% Feb For 1 54 footnotes Dec see 4 22 May 5%% Gas Pacific $4.11 preferred $4.16 preferred series 6 62 Apr 16 *105% 500 '. 107 -; r • *420 20% > 37% *86 3/4 *105>A -*420 500 - • *420 500 46»/a '32% 81% 86%" 87 »/2 93% Northrop Aircraft Northwest 4.6% Airlines *91% ' " 5 *84%" " 96 *97 *97%, 1,900 2,100 .# 19% 37% 89% *863A 32% 32% 83% 831/2 3,900 89'/a 32% 37% 11,600 *81 y2 *86 y2 88%: 92% *92 93% 100 Vi *97 200 83% 88 *92 *97 la' 200 • 100 % - 1,000 19% 19 38% 38% 38% 6434 64 JA 64% 25 % 25 J/2 *25 y2 87 85% 87 »A 85 86'A 20,500 19% 193/4 19% 19% 20 20% 1,300 80 80 J/4 *25 25% 19% 38 G4% 25% -•84y8 82 *19 38 J/2 , 41 J/4- 82 - 42 - I19 x4iy8 7,400 100 26 •' 82 *81 800 . 42 ■ 20 21,600 lll'A 70 110 % 110% n 10V2 37% 38% 37% 38% 22,100 16% 17 17 16% 17'A 13,600 853A *85 85% *96 97 *97 99 111 110'/2 *110% 38% 37% 383/8 17% 16% 85% '85% 96 99 *96 97 v. . *80 % .41% '-42% 43 - 16% ' — 46% *86 >. 100 100 100 ion 100 ' ' *85 y4 96 - *97' 99 *97% 98% *97% 98% •98 981/2 *97 98% *98 11 98 y. 86 200 98 230 99 98'A "16 i *98 * 22 98%' 98% 22% 15% 15% 15% 15% 15% 15% "15 15% common..10 233/8 23% 23% 23% 23% 1.300 23- ' 54'A 23% 54% 53% 54% 523A 54 " 2,000 _* Inc Inc IIOV2 36% - 32 y8 193/s '38% 623/4 83% 19,% 50 •- 64 J/4 19 % 65% *80 42% " 800 ; -■ * ■ *863/4 100% *97 IOOV2 ■ 37% 37% 93% 1,500 ■ 20% *19 20% *19 81% 86% * 4d% 46% ' 32 3A 81% 8,300 - *20 JA 20 »A . 3,800 -•■■- 107 89»% 32% 80 - 20'A - 45,100 • ■ ' *76% 80 3,400 - • 59% - 37% 89% 28% • — 70 >• . - 30 107 20 J/2 *19 J 18,000 ■ 38% - 58% *29% " *105'A 46>/2 37% 38 60% »76«/2 20 y4 45%. 20% 46% 803/4 (Minn)— 5 3 77 J/2 •• 30% / 305/8 ; 4,900 '■ 54'A 535/s 30 - 2 8 3/s 28 % 20% 1 com__10 new... 98% May 22 preferred 13 % 500 61% *25 5 $4.08 28% Jan 28% '7 '77%' 18% 100 Ry States Pwr Co 9 19% Jan 30 ... 38 %' 50 Co, Common $3.60 101% Jan 29% Jan , 77% xl8% 25 * Co, preferred $4.10 47% Jan 28. Corp Ry 3 May 28 10 Capital Natural Jan 102% Jan 28% ' 38% ——_1~" series series series series 15 May 28 22% May 28 30 page 3 97 25% Nov 95% May 29% -"• 80 *78% 39'A 59% 30 -• ' ' • 20 Ve - 30 V* 38 59 3A 107 20 70 20,100 • 54 29% ,■ 39 J/8 58% ;. 96 X1053A » 700 > • 16% *94y2 • 79% • 53'A 29% " • 59% • • 20% 79% 2 9 3A Z38% 39% *91 *97 * 25 Aviation' preferred preferred 103 5 ■ "28% - 193/4 - 90% 600 / '" 200 • 35 16% ' ■ '15% 34 % ■•■ - 109 106% ^ . - 7,800 6% 90 - - 96 *94 j/2 r 1 4,300 • 14% 14 *15% ■16% 16'/a . 96 92 - *90 lb3A 109 >A 107 2 Central . Northern Northern fl 27 ' *94'A 96 10J% , 34'A 92 6% S - 15% 34 J/4 -","16%' 16% 5 " preferred American 88 45 *15% 33% 92 33% 92 32 100 Norfolk & Western Ry common May 110% Mar 15% *85"; • 100 4.10V/ preferred Niagara Share Corp Chemical Co May 18 5 36% May 23 6a4 3,800 13,900 7% 15 14% 14 'A - 15% < *80% 100 Nopco 41 106% Apr 05/3 *13% * • 41 % 7 5/a 33% 15% ' 37% "86% 100 — preferred 80 8 w 6% .13,400 z... 10 • 65% 40% 8 14% 800 37% 100% *100 - 41 : 14 14 *19* No par preferred 7 v 6'/2 100 %■- 7% 8 5,300 65 y4 66% 65 y8 2.0Q0 68 "A 37% 37 37 * 14'/8 :v 18% 67% 18% 67% -*99'/2 41'/a *18% • 07% • - 1" Corp 15,500 99'/a 7% 13% 20% 45% 100 50'A Z" 18'/a 1; ' " " 39% 65% 6%' 107 >1,600 40% 37 40% 14 ". " 12% 65 »A t ' 12»/8 37 41% 8 67% 20 146% 393A V ;i v" 100 lby /• 12 Vb "99% ' 66 " . 18Va 18% 8,000 95%' : 12'/a 40 3/s 37% : *420 * • ;*_* 100 Niagara Mhk Pwr Corp com.No par " 91 43 Sep A__ : 16 21'A Jan Jan Co——50 Shipbuilding 20 18% May 25 - 103 *ioiy2 103 *101% "Z Y State Electric 61 Gas Corp— Apr 33% Jan 86 No par Hartford Co— series Apr 3 " 12 VB 39 28% *77 "* 10514 No par Jan 22 16 RR Harlem 83 22 1081% July 14 & Y ±0 No par ' preferred 79 14 13% Jan non-com Corp common 32 38% Jun 25 Dock 1 103'% Apr 20% Jun 6 York Omnibus 9 7 48i% Jan City Y New 27% Mar 24 18% Jun York 3 92% May 12,900 140 % '29 15 common Preierred 5% 39% Mar 27 94 56 146 56 OA Co Common N 38 55 Vb 146 ■ 29 55 V* , May 23 54% Feb 54 ; , 17% Mar 12 97% Feb .'12,100 ' 146 100 100 19 94% 67 31,600 98% 18 3A ' " 1 25% 98'/a 18% 99 % " *144% Z . 18% 95 1 ' . 12,000 24% 25% 25 *98 . Mar 15 41% Jan 48 88% Apr 101 5 18 16 % Feb 17% Mar 19 33 18 18 69% Jan 15% May 28 97% Dec 4 90% Mar 10 93 15 17%, July 37% Mar 33% May 15% Oct 13% May 28 >15% Apr 12 20 Natomas Co 5 23 *167% ' 8 % Mar * Z 23 Vg 22 96 T% — - 169 63%' *99% 10 10,100 95 J/4 18% 6,400 38% 22'A Z '38 ' *167'/a *68 4,000 1 26% 37 Vb ' Z *37 J/4 169 : 2,900 33,800 57% 253A * " ' *167% 37 % No par Pa com 2 6'A 253/4 , 54% x92 - .■' 333/8 57 J/a 146 67 10 * 59 %* 169 37% 18"% ...No par " 9% Apr 17 Cast.No par COrp— Corp National Supply 1 : 103 *101% 92 "A 167% *144% 12 % 100 : 24, 32% 18% 53% 54% 24 33% Z 58% 99 18% 103 91 5 common .46% 15,200 * MEMORIAL DAY 4,400 46'A 46%- 32% 25% 24% 19 preferred A 6% 6 10 213/4 21% *98 99 preferred National Lead Co 7 *97% Co Gas V 25% 24'A 100 Jan 35V«Mar 25 8% Dec Apr May 179 30 47% Jan 2 37% Jan 105 Fuel .21% 5 common—5 common..—_! National .Gypsum Co 18 Jan 23 Stores Prod 4%% pfd series of 1951* , 16% Jan 29 103 '/a May 25% 23 64 42 %' Mar 25 <51 % Dec 0 CLOSED 32% Feb A 77 % Sep ,14 4 58 57% • 200 12% 12 -24 23%- - • 56 'A 61% Apr 23 Apr 11 % Jan 20 Mar 6 May STOCK EXCHANGE 9,300 168 168 12%" 45% - 24% 33'A : 3,000 .> 38J/2 38 '/a 168 '12 y4 46% 45% 46% 32 >A 105% Feb 138 23 38% Dec 27 12'/a Z 38»/a I08 z: 23% National 166% Apr July 22 "Fab , ,24% Feb 10 38% 33% __l 4.600 39 'A 38'A 387/a 38 ', 168 . 12 6,200 12% 123/4 ' ■ 12% 1,700 26% 26 12% 123/4 23% 21% Mar 12 76% 14 1 . 170 1,400 18 69% 27 26% -38 l/a 23% Inc 100% Mar 29 101 5 4 23% Jan 31 — Register Lines May 18 45% Jan 22 Dec Jan 21 10 common 18% May 25 156. 21 38'% National ? 40 % Mar 15 23 20% Feb 9 90% Nov 28 25 37'A 17% 69 J/2 ' Co. common 1 30% $1.25 conv preferred a 25 54% National Cylinder Gas Co— —1 ZZ 24% National Dairy Products— 5 ..37% May 14 29% May 21% Mar 19 0 183 Jan 36 * 37"% 37% zu; 17%71'A . 703/4 • National Container 59% Sep -16"% Apr 12% 1 5 Corp— 11 106 9 97% Feb 24 30 22 % Aug 29 27'A 12% Inc preierred A———100 Apr 23% Jan 45% Mar 14 • Z. i% 30 34'/a Feb 28% May 102% Jant 5. 54% Jan 25 33% Jan Biscuit Co National 24 Jan 26 Fibres Corp 19% Jan 100% Aug 19% Sep, 27 38% jun 11 % May 179 18 Aviation 20 43% Jun 10 19 58 Apr 24 18 11% Jun 165 2 39 % Jan 3 37.% Feb 1 41% Nov 27 93 70% 25% 12% .j 1 24'A! Nov 14 16% Jan 68 26% 1 26% May 10 25% Mar 14 - 36% May 25 V Jun 47 20 Mar 14 Mar 23 17'/a Jan 37% Jan 72 Airlines National . 135% 17 16% 12Vs National Acme Co- 12 16% Mar 19 16% *124% >; 135 134 J/2 16% 16% 68% 25% ....5 28 V* May 14 133% 133 .100 Corp Feb 17 33% Oct .11 147 Natco Jan 183 175 78% Apr 23 Nashville Chatt & St Louis. * 1 12% May 28 31 45 % Mar 10 18% Sep Mar 23 173% Sep: 6 10% Oct 11 14% May 10 62 46% Nov 33% May 16 21% Sep 21 14 Dec 20 % Oct 29 37% Nov 148 27"% July 25 70 6 Jan 47 Jan 24 16% May 28 118 Sep 21 128 9 114% Nov 136 .,1353/4 preferred Norwich Pharmacal Co—; L 25 " 22% 2.5r " 52% 22'/a 23% Z. 23 Yb *98 22 3A 23% - • .53% 98% 23 - 17,600 2,900 Volume 183 Number 5539 The Commercial and Financial Chronicle ... (2665) NEW YORK STOCK EXCHANGE STOCK RECORD B»n|« for Frorfoao Year 1955 Lowoot 437/a Jan 6 Lowoot 105 V< Sep 20 95l/2 Jan 20 52% Aug 3 110% Sep 30 100 % Apr 22 15 109 * 107 Nov Jan 49% Jan 102 92 14 Apr , Highest 10 54% Mar 23 110'A Jan May 25 105% Sep 27 109 Aug 3 105% Apr 105% Apr 30 V2 Sep 26 39 Jun 20 33% Jan 34'AJan 28 18 Mi Jan 20 Jan 40% Sep 21 19% May 17 19 21% Sep 26 4 13 Ohio 4.40% 3:90% ! * 4.56% 4.44% 10 Ohio 3 May 4 19% Feb 29 97% May 29 103 3 Feb 27% Mar 21 Jan 64% July 26 13% Jan 6 94% Jan 135 10 July 8 51% Jan 8 114 18% Sep 22" 112% Sep 22 Jan 23 128 Apr 17% Jan May 28 89 May 15 Tl% Jan 6 47 14 40'A Feb 3 77 Sep" 20: 19 99 Jan 14 16% Dec 20 Jan 3 *57 Mar 14 / 90 Jan 17 Mar 26 16% Jan 14 ■ Feb 17 101% Nov 3 80 35 18 Jan 52% 104% 106'A 106y4 '105% 106 V* *105% 106'A ->105% 107 *105% 107 ; ♦105% 107 Co , *99 ■;. jell Elevator 6:25 Outbpard Marlne. & Mfg-,—-83y3c Outlet Go ^ _~.No 23 27 Mar , 51% May 97% May 11 ^Thel 1 — Owens-Corning Fiberglas Corp new Owens-Illinois Glass Co.— Oxford Paper Co common. 9 102% Jan 13 ' $5 • 6.25 39% 40% 19,700 ♦36 y2 36 % 1,-tOO 19% ♦19 Va 19% 99 *98 y4 99% •98 >A 99% 50 .25% 25% 25% 25% 25% 2,400 54% 54% 15,000 89 42 'A CLOSED 44 42% 9% Oct 26- 127/a Mar 10» 9% Jan 26% Nov 29 23V4 Feb 44y« Jun 35 44% Mar 15 53 17% Jan v 25% Nov 6 36 Jan Nov 38 5 6% Jan 42»A 43% 4,000 53% 51% 52% 5,500 80 80 81 81 16% 16% -16% 62 y4 63'A 69'/2 45% 99 99'/2 80 70 y2 ' 71% 46 * Jan 74 3- —95% May Nov 9 6 ; — 44 27 Jan Feb 9 103 ■> 21 64% Feb Pan Tin 6 24 39'A Apr 18 57'/2Apr 17 13 30'A Jan 9 Parker 23 17% Apr 25 . 3 Parmelee 32% May 31 37y4 Jan 3 41% Mar 12 6 22% Jan 5 29% Feb 24 23 3 26% Apr 26'A Jan 24% Mar 26 29»A Jan 13 19 28% Mar 27 6 85 May 28 30'A Jan 23 101 Jan Peninsular $1 9 6 14% Apr 23 36% Apr 30 15% May 7 Pennroad Nov 28 49% Feb 29 49% Dec 56'A May 10 Penna 5 58 41% Mar 14 107 Jun 2 103V* July 22 Jan 6 44% Oct 28 17% Oct 45% May 29 113% Apr 20 108'A Apr 25 30% Jun 13 7 28 53 Jun 106 104 227/8 Apr Oct 14 33% Sep 16 Dec 21 38 July 21 "146 Oct 19 173 Mar Jan 25 97 Nov 2 Apr 12 109 14 28 23 59 3 147 Jan 17"% Mar 14 102 Sep 29 6% Nov 22 11 Jan 36% Jan ' 6 50 54 102% Dec 48 13 Jan 6 24 Jun 43 31 96% Oct 23 ^15% Apr 19 402% May 107% Apr 111 May 26 : 103 1 Mar 30 106 Apr 13 22 17 Jan ,23 43% Jun 16 22 May25 28 Oct 86% Dec 97 Jan 4 21 14 93 Dec 16 90 6 92 Dec 30 86 19 85% May 13 69% Jan 6 100 Dec 29 833A Nov 23 10% Dec 6 100% July 33% Jan 6 21% Jan '/ 30 46% Jan 17- 84% Jan 13 83 ^ 6%Oct-i3" ' 1 '- 3 9 102 16% Feb 160 -Mar 74 10 163% Jan 24% Feb 9 1 88 May 24 29 26 6 108% Jan ! 3 19 40% Dec 14 Jun 153% Dec 159% Dec Jan 27 153% Jan 13 7 36% Jan 24 6 146% Jan ' 24 -1- ' ,. Feb 53% May Mav 29"% Jan* 14 •' 19% Jan 91 . Feb * a ~ < * - - Apr 23- 34 108 __ Sep 8 21% Jan 31 13 94% Jan 30 •_ 49 i i . Jun Jun Feb 13 10% May 15 81 May 19 37% Feb 69% Jan 27 2 47 Nov 23 43 28 43% Jun 28 89% Jan 6 36% May 11 39% Mar 13 79 36% Nov 15 84- Mar 21 25% Feb 11 27* Aug 9 " 24% 5 26% Oct 27 112% Nov-15 26% Jan 3 29V« Jan 18 125% Sep 14 19% Mar 100% Feb 10 103% Nov 22 { 23% Dec 1 66% May 9 12 Oct 11 27 105 ; 30% Mar 30 For Jun 105% July if,, Marl8 26% Jan 33% Apr 104 6 Apr 25 26% Jan 7 - 29% Apr 8 97 5 ",99 May 35% Mar 32% Jan 1 103% Feb 16 10 104 Feb 15 27 106% Feb 15 64% Feb 9 41% Apr 11 37% Jan 4 33% Sep 14 31 see May 28 145 July 15 27 " 1 page 28. Apr 30% Jan 16 Drug Milk 7 20 19 55 *54 46% 46% - 10 •54 55 *54 55 55 Co 16 25% | *33% 34% , *48 48% 49 y2 103% *101% 103% 18 Ve DAY 50% 103% *101% 18% 17% yl8 *80 .. 1,400 84 24 y8 24% ' 50 50 300 103% ' 18 5% 5% 2,200 40'/a 40% 11,300 (conv)_,__100 96% 98 96% 98 98% 98% 98 3,200 59% 61% 61% 62% 60% 62 60% 98% 61% 36% 37% X36% 37% 37 37% 36% 37 4,600 23 400 par > --19% *82 -5 - 44 23% ♦22% 109 108% 23 23% 108%"' 97 104 y4 105 107% 107% 107% 19% .20% 20% 108% 105 *107% 20% 23% 20 ' x22'A 45 23 *82 • * 84% % U 97% 104 22.--. 22% 100 *97 * 105% *107-107% 84% 44% - 23 *82 18,900 160 108% ♦97 97% 99,500 ' 105 190 97% 105 - HO 107% 20% : 20% 23% 53% 34,400 ♦107 84'/a ♦82 44% 44% 44%" 94' 92 92 10 9,400 84 % 44% ' 44i/a 8,900 *92 94% ♦92 100 *86 88% ♦86 88% •87 88% •87 88% 1 *12 12% *12 13 ♦12 13 ♦12 13 *95% 97% *95% 97% •95% 97% 94% 94% 96 ♦95% 95% 97% 91% 97% 94'/2 11% 11% *11% 12% •11% 12% *11% 12% 200 44% 45 44% 45% 45% 45% 46% 2,900 . 10 Inc ,*108% 97 A 105% - *22% 108 97 ... 5% 23% 23 107 3 common - 25 - < *91 ' 46 101%" " 93% 95% 100 26,300 —No par 2 *100 53 58 54% 56% 56% 57% 56% 57% 4,500 10 24 24% 24 24% 24% 24% 24 241% 3,000 com Coal Co common 96 x38% r 17 *162 100 ' *90 . 17% 39 160 55% 7% 84 45% *13% 100 38% 3,000 16% 17% 2,200 ♦162 165 ♦162 165 160 •160 163 "10 •160% 162% 57% 57 58% 56»/2 57% 5,700 86 86 88 87 88 7,600 7% 29 Vk 29% 28% 29% 10,800 81% 81% 80 80 » 89. 89'A 89% 89% 30% 30% 30% 30 '/a 89% 30% 47% ♦192 ♦13% 14 x34 • 17% 99 37 3A ,7% ♦145 47% 195 17 91 ♦96% - 29 y8 29% 150 •90 / 99 38% 80% *88 30 *180 91 38% 20 28 r- 89 *140 ♦96% 103 80% 28% 80% 29% 1 7% 7% 27% 89 - x84 v. *79% ♦90 99" ♦100 165; 55 823A 91V 17 *162 165^ 162% 101 39% xl7 *160 .. 101 *96% 39 x54 , 2.50 2.50 91 96 ,, ♦100 101 *90 1 preferred—100 150 •145 48% 200 14 48 7% 7%- - ♦145 150 4,000 190 600 3,200 150 47% 48% 7% 47% 9,100 •185 ' 200 ♦185 200 14 14 *14 14i/4 100 34% 34% 34% 34% 34% 34 34% 3,400 10 29% 30% 30% 31% 313A 32% 32 34 7,500 10 21% 22 21% 21% 21% 3,300 No par 97% 98% 98% 98% 49 49 *48% 49% 9y8 9% 9% 71 71% •70% 45% 37% 45% 45% 46% 37% 37% 37%- -5 B Power Co Gamble preferred 9 No par of Colorado 70 10 .45% 37 Indlana_.No par preferred 4.32% 4.16% preferred' : preferred . 100 4.18% preferred 4.30% preferred 100 83 ■ 112% 33% - 98% 21% 21% 99 100 49% 9% 100 49% 9% 71 70 - 50 9% - 71- 3,200 300 8,400 90 46% — 46% 1,700 -37%- 37% 13,100 83 ♦82 83 *25 25% 25% 25% •25 25% ♦24% 25% ♦24% 25% *24% 25% 112 y4 112% •111% 113% *81% 112 83 112 •8iy2 3,600 1,660 327/s 33 ya 32 y8 33% 32% 33 9,700 30 . 30% *29% 30% 29 y2 30% 29 y2 29% 1,000 98% *97 98% •97 99% •98 100 *101 103 32% *98% . 100 99% *100y2 .. 10. No par 37% 25% 25% 111% -100. Co 45% 213A ♦49 *97 . ...—; 70 *25 *243A 100 & Lt 9% *81% 25 .25 4.20% preferred...., 100.... Pub Serv El & Gas common.No par $1.40 div preference conr__No par 103 ♦100% 26% 26% 26% 103 26% 26% •97 98% •98% ' 26% ♦100 27 99 100 27% 65 66V2 66% 66% 66% 67'A 66% 66% 42'A 44 43% 45% 44 y4 45% 43% 45 Co (The) common..# 6% preferred 100 Quaker State Oil Refining Corp__10 147% 147% 31% 31'/a , . 31 31% 31% 148 31% 32 148 31% 31% 146 31% 32 31% 147 *146y4 31% 31% "20 102 ft Quaker Oats 9,400 5% com convertible (The) 20,000 41% common Oil 3,400 157 5% preferred—No par preferred (conv)...No par Inc MEMORIAL V- 25 Ve ♦101% 18% 84 24% *48% 156% 40% 5- Puget Sound Pow *80 > i 5% 100 of 'CLOSED 24% 157 31,600 ' 34%;-' 40% convertible Co 157 16 25% ♦33% % 5% 100 (The) EXCHANGE 15% 25% 34% 39% common Consolidated 85 23% ♦34 40 preferred « *80 49% 18 4.08% 1 85 -24'/o 19% "101% ; ' * 156 y2 STOCK ...12.50 3%% /' ?78 '•'* 23% 156 ' 5% preferred Co V 15% 39% Hosiery Serv 2,300 5 Inc preferred series A Serv 53'/a common..l Co preferred Public 52% 25'A 1 common cum 52% 15% 100 $4.75 52 25 y8 ...No par Corp Electric 51,700 15% 100 & 24% 24% preferred Co 24'/a 15% 100 & Co Mills 24% 34 V2 — 240 24% 25% 156% 1,700 24% 15% 154 46% 52 y4 - 24% 100 common preferred Corp V *33% — 3%% 46 y2 5 Inc Electric Co common—No Pullman Feb *53% 1 .1.33'/a0 Co 2nd Pure . 8,600 40 Brewing 3 35% Mar 15,900 15 com—No par Stores (Chas) 5 33% Apr 5,100 34 14% preferred 51% Apr 153« 89 33% 15 preferred 74% Jan u 87% 35 14% 28% 70 Public . 27% Mar 26 3 27 31% Aug , 10 Apr 100 24% Nov 28 I54 8 10 Apr 22% Jan 21 ■ 118% Mar 20 ' 89 33% 15 ....—^.....^—__2 Puollcker Industries lnc common__o 30 26% Mar 14 87 34 14% 28 52 New 88% Mar 29 .74% Dec footnotes Nov 30 87 32% 14% ♦27% *28 52% Potomac May 1 46% May 31 Apr »24% Apr 6 111 % May 28 ' 32% Jan 24 34y4 Nov 16 , 7 Feb 86% 32% 14% Corp Light Plough Inc new Plymouth Oil Co / Poor & Co class 74 69% Dec ' 85 x31% 86% 1 1 28 28% : 51% Procter 2 12% Jail J . 1 26 20 *27% •28 10 5%% 2 50 22% 23% 28 28% .Pittsburgh Plate Glass Co 10 Pittsburgh Screw & Bolt_.__.__—.1 Pittsburgh Steel Co common 10 5% preferred class A 100, 23% Mar 23 110% Apr May 28 Oct 24% Mar 15 - Jan 22% •23 ' *27% *28 23% Pittston 1 19 1,900 28 . 6 22 Dec 39 28% 5%% 1st series prior pfd 100 .Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 20 24% Sep 8 _—... 9- 16 40% Apr 39 *27% . . 1 23 23 y4 39 No par 7% guaranteed preferred Pitts Metallurgical Inc 8 25 19% Mar 15 4 May 25 *23 23% 1,600 39 *27% ,v; Forgings Co— 1 Pitts Ft Wayne & Chic Ry com.100 8 30% Jan *23 1,500 49% 25 Pittsburgh 9 35% Mar 18 6 14,100 31% 49'A 24'/a $4.80 92% Apr 27 35% May 14 210 12% 31% 49% 23'A Pitts — — 12% 32% 48% .-.' 50 $5 , 3 8% Apr 24 35% Apr 12 843A Apr 4 155 . 4,200 31 ,25 Pitney-Bowes Inc Pitts Coke & Chem Co 23 Jan 13% 4% 105% $4 16 170 1,700 4% ♦104% Pillsbury 1 Apr 10 80 2$ 38% 5% prelerred Phillips Petroleum Apr 4 44% Mar 2d 18% Mar 28 10 July 26 Jan 38% 12% 200 15 105 Phoenix 96'A Apr Jan Jun , 3 96 67% May 84% July 28 ' 38 % Phillips Jones Corp 100 13 96 150 38% 3.9% series preferred , 4 9 6% Feb 3 48'/a 4% ' 4% 15,600 24% 105 4% 3 Apr May 25 37% Feb Feb 703A May 8 30% Jan Mar 14 ' 5 v 27% 13 85 24% Mar 14 < Jan 59% Jan 18 22% May 17 76% Mar 11 25% Jan 1 Apr 162 92% Sep 21f 8% May 16 48% __ Philip Morris Inc , 99% Mar 14 32% Feb - , 106% May 8 123A Jan 18 89% May 21 93 Jan 3 20 48% 15 104 »A Phjlco 16 8 22% Feb .. Mar 14; Mar 4 "45 15% Mar 14 21% Dec 8 158% Jan 31^166% Aug 12 162% Aug 31 173 Jun 10 28% Sep 16' 41% Dec 22 62 May 91 15% Jan 23 99 30% Sep 20 97% Aug 25 48% 5 V 25 ,, 46% Mar 19 13 44% May 10 16 4% 4,3% preferred 100 4.68% preferred —100 Phila &'Reading Corp...,,—-—1 3 10% Jan 14 4% 3,8% preferred . 19 Feb 783A Jan 5 100% Sep 6 ... 96 6 Dec 104% Feb 52% Jun 6 Jan __ 133A Apr 61 Apr May 18 12% May 25 ... 4% 50% ■ 104 y4 4-4% 94'A Mar 12 37% Feb 48% Sep 41/2 $1 cpnv preference coui--,.No par 36% Mar 13 91 85% Jun > 15% 36% 50 y8 ♦24% 104'A 4% 10 83% May 24 433A Feb 28 ' 82% July Jan *31% 8,900 104'A Pfizer 4 22% Apr 36% 100 9,900 ' 100 Pfeiffer 24 109% 31 y8 15% ~ 1 Kignts ■ 13 Jan 36% 30% w: 31 series preferred Phjla Feb *31% 12% 15% Sand Phelps-Dodge 106 30% *31% 97 12% : 107% 4%% 17 102 18 Dec 19 6 k v Apr 31 ' 12 y4 Jan 30 2 : 5,000 97 13% 15% No par Petroleum Corp of Amer 17 112% Jan 31 81%" 82y8 97 12% 30% 31,900 •107 Pet ; 26% Mar 14 May 24 94'A Apr 9 150 3,300 19 y8 46% 40% Mar 23 May 23 2,000 8 107 y2 76% Mar 19 1 v' v': 82 80% *96 13% 15% Peoria & Eastern Ry 1 45'A Apr 107 Apr 107 11 108 36% Jun 7 5 102% Oct 10 96% May 28 54% Jan 23 July 25 26% Mar 9 110% Jan 4 119% May 26 64% Aug 25' 6 37% Jan 37'A Feb 36'/2 47 > 97 12% 151/4 Pepsi-Cola Co 22% Apr 12 IS May 31 7% Mar 12 % May 29 5% May 31 4 30% *3iy2 Peoples Gas Light & Coke...—100 3 Mar 30V4 v 18% - 51% 4'r Pennsylvania Salt Mfg Co (Penn-Texas Corp common 3 Jan 80% *96 12% 19% , 25% Pennsylvania RR Mar 15 105 1 May 25 29 26% May 18 9 8iy4 97 19 18% 81% : 46% $1.60 Apr • — 144 y4 7% 107% Peoples 100 5 __ 144'A : v; 8 46% 6 17% Jun 106% Jan ... 18% • 107 y2 13 Jan 145 7% <■ 45% 13 96 18% 8 106% 19% Jan 21 7% 108 35% Feb Feb 7% 107% 31% Jan 48 7% 100 3 160 144 139% preferred 30 26 142% 47 137% 50 y4 Corp (The) & 142% 137% 800 4'A% 30 82% May 8 20% Jan 23 24% July 25' 73'A Feb 11 2 Feb Power 143 137% 700 4.40% Mar 23 - 48% Nov Penn ' Mar 29 15 Apr 24% Apr 33% Jan 4 52 L12% Mar 45% Jan 11 29 3 20 22% Feb 10 33 48'AJan Apr 137 25 Cement Glass 134% 12'/2 25 Corp 3.JO0 135% 38 y8 •45 common—No par Telep Penn-Dixie 9,200 38% 50% „ 47 50% Penney (J C) Co 23 51 Va 38% 25% prelerred Jun 50% 38% *45 47 48% preferred 15% Dec 50% 38% *24% meXerred 38 50% 38 * *46 25 'A preferred^ $1.30 9 50 y8 48 79% 2.50 common. $1.32 r 36% 49% Co Penick & Ford.,, « 36% No par Peabody Coal Co 5% conv prior 4 36% 38% «96 1 Mines 6 4 J 100 Transportation' &• Enterprises 53% Apr Patino 600 36% 24% 36% 300 36% '' *24'A Proof l3V4May31 6'A Mar 12 20% ♦23'/a 17% _ par Rust ♦20% 23% 11 ' Park 297/b Aug May ' 10% 20% 23% 50% . Paramount Pictures Corp.. 1 & Tilford Distillers Corp—1 Parke Davis & Co No 4% preferred Panhandle Oil Corp ' ... 18 23 ♦10 y2 20% 143 World Jan Jan i'-' 10% 135 Corp—1 120 'i-iO':* 24 38 Airways lnc 1 Panhandle East Pipe L coin—No par 14% Dec 44 Consolidated Amef 4,200 100 18% 49% common.100 6,700 47 y4 *99 20% 36'/2 ♦45'/2 100 31 May 31 48% May 29 14 29%. May 106'A Dec 11 Telep & Teleg 73 ■:47% 10% *35% No par 72 4,100 *20% 24 No par —^ preferred Pacific 7 44% Mar 27% July 28 82 9 25% Jan < 27% Mar 17 v 87 6% > : 73 -47% 100 200 64 10% 24 25 Lighting Corp 4'A May 24 12% May 31 6 25JA Jun ; 10 22 V2 Dec 5 9% Jun 11 36% Jan « 7y8 Jan 6 Oct Mar 9 ,100 vi- 63% 20% 20%- ♦23% 10 , . 15% Apr 36% Jan 11 .17% Sep 21 14% Jan 9 Corp Electric.. Pacific Mills Pacific 2iy4Mar20 10 '30V4 Jan 47'A May 5 51% Apr 12 10% Jan J Pacific & 12'A Jan 3 6 12 »10% 1 25 35J/2 May 15 40'A Jan 4 25 • 12 Mar 27 5 ; 24 'A Feb 15 44% Jun 4% May 27 Jan Finance Jan 47% , 100 40 16% *16% 64 71% 47% ♦98% 20Q 43% 52% 60% 44 V4 10,400 '90 43% *16% 67% 200 11% *88 y2 ♦79 . Gas Jan Inc 1 90 16% -- 117 11% day v common.. preferred Pacific 152% Feb 27 Apr 18 5% Pacific 54 23 16y2 Jan Co' 16 40 24 2 104 29 4% Jan Apr Jan 141 3 Jan 34% Feb t May 11 139 Ftsnerles 53% Mar 28 May 28 43 132% Jan Jun 88 8 40 5 15 Amer Coast 117 11% MEMORIAL 53% f?■ Pacific Pacific 26V4Mar 29 40 23 12 J2 May l 25'/2Mar27 10 22 26 88% May 17 8% Sep 26 . Aug Dec 12 V4 May 22 48 y8 Jan 148% Aug 24. 152% Aug 22 142% Mar 10 6% Nov 16 70% Oct Aug 29 42 7 16% Sep 29. 56 37% Jan 25 128% Jan 10 19% May 10 29- 54 117% 11% ♦88% , 16% May 16 21% May 13 37% Jan 17 ♦116 <; 63'/2 No par : f ,89 52% 55 53% STOCK EXCHANGE 11% 79'% --- .15 preferred 41% 36% 59% ~ 107 ♦19y8 11% 52 -79%: • 20 105 3A *16% --> - 1 10 106 >A : >36% '115% 1,17 % 89 50y8 40 105% 53% 53% 42 - • par. Overlard Corp 9 • - 2,300 93% 25% 114.'%, £1% 89 - 40% 52% 103 y2 •92 97% 25% -521A —114% 52 103 y2 9..'% Shares 19% *19% 100 Chemical Corp— ,41% 36% 19% 25% - 40% 37 *19% -. '' 40% 36% ; 20- series.—^___100 Gas.——7.50 Natural -39%; : com__10 _ Otis 74'A May 10 61'A Jan 46% May 17 51% ♦103 y2 92% ' 6 59y2May 28 *71 % Dec"22 34 1 No~v""l 52% 104% 92% Conv preference 1951 series—.100 Oliver Corp common ;—1 4%% convertible preferred—100- :< 56%.May.lO 2 - May 52% >103% 92% No par Mathleson Common ' 52% 103% *92 Friday June 1 x523/a —. 33% Feb 84% Oct "10 9 — dp Elec 4% .preferred Preferred 4.24% 5 4 - Co '..j , 100 . Sale* for the Week ,, Thursday May 31 103% 100 :-"»91% 100 , preferred Gas Wednesday May 80 May 29 100 preferred Oil Tuesday May 28 .12 preferred Oklanoma 107y2 Jan 9 47% Apr 27 " • common.^ Glln 61% Mar 30 "11 Co LOW AND HIGH SALE PRICES Monday Par - preferred Oklahoma ' 16 ~ 49% Mar 14 114 Edison ' , 5 11 38 Va 187/a Apr ;19 23'/a Jan 4 Jan Jan 109% Feb 47% Apr " 103V4 May 13 25% Apr 2d 9 110 10 31'/2 Jan EXCHANGE 100 4 * 100 STOCKS NEW YORK STOCK Range Since Jan. 1 Highest 32% 147 31% 6,400 2,600 15,000 3,800 250 900 25 26 The Commercial and Financial Chronicle (2666) Monday, June 4, 1956 ... NEW YORK STOCK EXCHANGE STOCK RECORD n for Pr«Ti«tts Y«ar 1955 STOCKS 1 * . Y .»V Highest •$% Jmn 18 91% Jan 6 88% July 41% Jan 3 12 8% Oct 11 10% July Feb 7 July 25 " • ' 8 417/a July a Sep 26 13% Sep 26 25% Apr 31 Oct 37% Jun 1 11 Jan 5 47 34% Jan 7 8 42 19% Mar 22 18% Aug 6 9 3 Mar 14 12 ■'33% Jan 20% Jan 11 , 6 38% Mar 4 9 37% Apr 8 30% Apr 15 Jan 12% May 31 Rayonler 7% Jan 3 26 Dec 90 11% Feb 30 31 May 16 8% Mar 14 13% Jan 41 • 6 May 18 21 Jan 27 3 15 , 41% 93/4 8% 8% No par l Inc 553/4 55% 32% 34% 14% 15% 42 81% 9% .* 42% 81 % Reading Co common..! 4% noncum 1st preferred 4% noncum 2nd preferred Real Silk Hosiery Mills 50 . 34 33% . 93/4 • 8% - < Reed Roller Bit Reeves 5 1 64% Apr 30 % May 28 43% Jan - Jan Bros Co 7% Mar 21 & *.36% 16 15% Jan 10 42% Feb 13 49% Apr 2 35% M8y 25 45 9% Feb 14 Republic tl •45% Feb 13 46% Apr Mar 11 54% Dec 5 49% Mar 17 1 Mar 14 62 Nov 2 70 91 May 11 / 40 ; 61 82 Jan , ) 60 57% Pictured 16% 33:,/4 333/4 489% Jan 25 38% 13 .. : 105 % Jan il 2 34% Jan 5 8% Sep 8 6% Jan 18 *8% 8% 15% • 253/4 100 *63% 1 30% : ". 30% ■' 13% 43 433/4 8 8 •/y: .. u 17 % 12% Jan Ritter 9 14% Jun 1 17% Mar 20 9; 23% May 29 28% Apr 13 30 35 13 Sep 33% Jun 27 Oct 7 40% Jun 8 41% Jan >. 13 48 % Apr 20 24% Jan 6 33% Dec 8 19 410 100 Jun 17 Oct 11 9% Jan Jan Dec 27; c 391 14% Sep 44% Dec 9 18 32% Dec 15 31 35 Oct Sep 27 9 U 105 28 48% Jan Feb May 28 10 79% Jan 23 27% Feb 30 3 £ 9 May 28 15% Mar 21 11% Apr 4 58 % Dec 27 •50% Feb 98% Feb 28 Apr 16 6 17% Jan 11 Jan 4 44% 112% May 69% 47% Rohm 4% 5 *46 58% Apr 27 Safeway Stores 97% Feb 3 37% 36 36% 36% 4,900 9% 9% 9% 15,700 69% 71% 57,200 V 'V:;.';; ■ 48 54% 523% 48% 1,700 53% 48 % 47% S y,.y 54% 20,800 76 •67 76 *67 v 100 87 86% 86 3/4 *85% 103% 104 % 104% 104% 260 27% ' ' 9% 72% 28% 28% 28% 5,900 . .' >■ ; -:V:.v;v • 53% *49 53%, *49% 1 53 % 63/4 6 % 6% 6% 38,800 73% 733/i 74% 743/4 76 74% 75% 5,500 47 50 48 48% 49 49 48 49% 3,400 10 34 35% 35 35% 35% 36% 35% 35 % 3,000 19% 19% 20% 20% 19% 193/4 ♦19% 20% 300 15%. 15% 15V# 15% 14% 14% 14% 14% 7,700 24% 24% 3,100 i 5 Controls com__l 24 23% 24% 30% 30 30 31% 30% 30 % 43% 44 44%' 44% 44% 44% 44% 1,400 28% 29% 28% 29% 29% 30 % 30 30% 12,500 445 445 % *97 99% 437 •97 13% 44b 445 99% ♦97 99% 300 310 22% 23 14 13% 14 14 35 x34% 34% 34% 34% 104% 1071/8 104% 107 % 32% 32% 33% 32% 33% 32% 32% x30 32 31% 31% 32 % 32% 32% 4,b00 12 12 12 12% 12% 12 12 1,000 53% 52% 53% 52% 53% 93 93 - 102%: 105% 1 4 ♦30 443% ♦97 99% 22 34 24% 440 441% 21% 1 31% J 5 „ 23% 6% 6Y2 24 20 ^ . 43% 1 (Jacob) ' 63/4 ■ 30% .100 common. McBee Corp Ruberold Co (The).... 14 ' , 4,300 6% orp Co May 28 39,700 15 Haas Ruppert 44% 72% Royal 5 43% 5s preferred series A___ 13% Apr 26 200 44'% 273/a *48% 12,600 8% 14% 48 u 87 32% 8% *13% 71% 76 26% 53%'. ■ . 104 , 31% 8V2 433/4 53% 103 % . 1,300 64 •63% 14% 9% y *85 % 87% 300 2d >/2 8% 47% 26% 9 15% 25% 31% ' 31% 71 *67 104 26 ♦8% ♦15% *13% U 52% - 9 15% / b4 U--- 37 68% 76 •103% 1 Trust. 36% 53% *86 100 Rotary Electric Steel Co.— .10 Royal Dutch Petrol Co._50 Guilders 7 1,200 No par Company & 13 *b3'/2 44% y 9 %' 47 % 523/8 *67 100 Pappr Co Rohr Aircraft Corp Ronson Corp 34 % May 14 38% Apr 663/8 5%% conv preferred 25 Rochester Gas & El Corp ..No par Rockwell Spring & Axle Co 5 2 dJan 26% Jan 9 5/6 10 series ■Robertshaw-Fulton 37% Apr 26 700 25% 13 X253/8 8% 14% ' 37% 9% Roan Antelope Copper Mines Apr 12 510 34 29; 88% Sep U Jan May 17 12 6 Jan 9 21% May 28 6 35% 1 50 Selection Ridgeway Corp Riegel Paper ( 47% Mar 21 Feb 98 43% Dec 29 19 May 29 1, 08% Jan 25 < May 28 4 Feb 35 10 43% Feb 21 30, 105% Mar 21 357 ..Preferred 3.60% 23% Jan 34% Jan 34 27% Dec 5 new common Tob class B 19% May 24 14 25% 12% 25% :•<*■ 313/s 43% A series RhlneJander Nov 25% *8% yy 64 *13% lo Rhodesian 200 25 15% 25% 305s 7% 13% 10 Richfield Oil Corp 66% Jan 23 38 DAY 15% *63% 64 10 Common 53% May 4 8% Mar 20 9 ♦37 . " 15% 25% v 50c .-Preferred 4.50% series 1 Rheem Manufacturing .Co. 37 % Mar 15 38 37% 300 41 ♦35% MEMORIAL 8%': :.*8%. , 15% 25% 2.50 84% Apr 5 55% May 11 40% Apr 26 Dec 42 Dec pfd ♦39 38 • " common. Copper & Brass 4%% 1,400 34 33% 3u% /' CLOSED : •/ 13.3U0 24,100 12% EXCHANGE 25% , '• STOCK / 15% *373/4 " j-""V-*. 38 35 *35% 39% • 12% 13 5 Corp Steel Reynolds (R J) .. 16 5 May 28 .< 57 15% 34 39% • 700 57 34% "3o 3/4 15% •36V4 • 24% xl3 10 preferred Reynolds Metals Co 7 20 26 3,800 57% "34% *35% V ; 10 Rexall Drug Co Apr 20 84% Apr 82 44% May 12 26 Jan 6 38% Sep 70 101V* Apr 45% Feb 34 57% May 20 14 105% Apr 21 Apr 26 38% Sep 26 Jan 26 32% Sep 26 31% Apr 1 6% July 26 101 , Revere 84% Apr 30 49% Mar 19 10% Jun 10 7,700 8% 8»/4 Co— convertible Republic 10% Mar 19 12 Oct 1,*00 9j/4 57 ' $1.25 dlv prior preference ' Apr 24 8 Sep 7% Mar 14 81% 9% 15% '' 48 42% 81 10 34% 39 % ^ 37 24% 50c Republic Aviation Corp 3 8% Jan 12 f 8% \ 33% 37% No par Inc (Robt) 40 *353/4 5 Reliance Mfg Co common 1 Conv pfd 3 %% series - 4 13% Apr : 42% 82 93/4 . 15% . *38 50 Reliable Stores Corp 18 % Mar 14 18 61 ■" 56% - 50 _ 11 18 *' .■ * 3 10% Mar 14 30% Apr *" • 33% - 30,500 43% 82 813/4 93/4 Shares 43 43% 81% ' 8alw for the Week Friday June 1 * " ' 1 _ ' 11% Aug 15 15% Aug 23 54% Sep 12 ; 7% Feb 18% Jan 14 19 Sep 13 21% Aug 25 67% Feb 16 47% Sep 16 4 . May 28 1 Corp Raytheon Mfg Co Reis 16% Sep 12% Feb Monday 5 Industries Raybestos-Manhattan 9 37% May 44% Jan 14 18 ' , Par RKO Pictures Corp 11 19% Mar STOCK Radio Corp of America com—No par $3.50 1st preferred No par d RKO 7 59% Apr Jan 3 /- 6 42% Jan 31% Feb 27% May 22 May Jan 23 35 8 13 12 39 % May 29 Aug 11 Mar 87 % Feb YORK EXCHANGE r, 50% Mar 22 31 14% May 28 38% July 27 39% Jan tHighest 32 % May 28 5 15 38 8 % Apr. 53% Jan 60% Nov 16 39 ■ 79% Apr 25 9% Feb 14 88% July 27 f % liar 14 NEW Rang e Sines Jam. 1 Lewest ' 47 ,< LOW AND HIGH SALE PRICES ...Tuesday Wednesday 1 Thursday May 29 /•< May 30 May 31 ' % , 23 X 23 23 31% ♦12 23% 14 14% : 4,500 14 % 5,400 - 34% 1,500 105 % 92,800 34% 104 f. 9,100 t 43% July 21 02% Sep 9 103% Jun 17 126 6 55 40 Jan 22% Jan 11 Dec Jun 26 26% Mar 14 91 112: 27\ 22% Jan July 14 34% Jun 13 17 88% Jun 320% Apr 145 Apr 28 170 Jan Jan 16 26% May 28 27 Aug 17 74 13 43% Jah 23 22 266 Feb - 80% Jim 30 52 33 Jan 13 91% Mar 23 Mar Jan 5 155 Jan 40% Feb 9 55 May 13 105 Feb Preferred 1 7 7 49% Jun July 13: 19% Sep 22* Sep 16 17% Apr 25 26% Oct 13 12% Nov 21 .14% Feb 100 105 101 Dec 32 Apr 18% Jan 17 v, 19 ('■- 37% Mar 29 Oct 27 27% Jan 6 57% Dec 16 93% Oct 78% Jun 13 23% Jan 0 •6% Jan 11 107 / Mar 4 65 Jan 23 92% Apr 10 102 T 40 Sep 8 '92% May 18 36 May 31 22% Mar 75% Mar 95 9 42% Jan 6 18 Jan 6 24% Dec 28 59% Apr 40% Nov •% Mar 15 18 40% Apr 89% Mar 3 1 44% May 9 Nov 26 5% May 28 5 52 % May 25 12% JUn 23% Feb OcTll 15 83% Jan 49% Apr 18 11 39% Jan 49% Nov 29 1 39% Jan 29 4 11% Jan 31 Nov 36% Feb 10 16 84 " Oct 18 22% Jan 6 66% Mar 9% Feb 23 7 Jan 62 % Jan 50 56 Ye Seiberling Apr May 18 Shamrock Sheaffer 14 21% Feb 7 28% Jan 6 49% Nov 14 45% Jan 19 44 3 63% Nov 7 55% Jan 4 7 23 87% May 10 29 Mar 19 15% Jan 6 35% Mar 26 55 % Apr 48% Mar 14 59% Jun 21 55% Jan 23 48% Oct 28 77% May 72% May 57% Jun 15 52% Jan 24 71 37% Mar 14 64% Dec 1 50 % Feb 10 25% Jun 27 20% Nov 2 49% Jan 18 T8 33% Jan 9* Feb Feb 7 27% 24 210 Feb" Jun 61% Jan Simmons 18% Sep 26 81% Dec 30 19% Mar Feb 37% Jan 3 40 % Nov 3 35 54 19 Mar 14 3 18 17% Jan 50 % Apr 7 •1 Jan 18 88 Oct 11 72% Jan 18 . Dec 6 33% Apr 23 37 49% May 28 4 32 13 >1% Oct 11 Dec 29% May 24% July 4 4% Oct 11 7 77% Oct 21 90 Feb Mar 27 98% Jan 62% May 31 93 20 May 25 50% Apr 17 20 Ye May 29 54 Jun 1 73% Jan 29 Ms Apr 102% Jan 2 29% Jun 21 23% May 28 103 % Nov 14 17 % Nov 18 99% Apr 6 13% May 28 77% May 28 July 27 Sparks 18 103% Mar 6 1 z 24% Mar 20 2 1 3 f 16% Jan 3 83% Jan 17 74% Apr 11 Southwestern Public i Spear (A G) & Withington & Co. $5.50 Service Bros Inc _1 $4.50 Spiegel $4.50 1 preferred 12% Jan $3.50 preferred No par Standard Coll Products Co Inc 1 28. Y 13%" 3o,900 , 13% 12% 3,800 ' ». 5%v 53/4- 54 b'/a *52 8,900 , 54 10 "393/4 37% 38 Ye 7,300 52% 53% 52% 52% b,400 43% 10% " 42% 42% 7,800 10% 10% 2,400 *22% 233/8 com Standard Gas & Electric Co 78 79% 7,400 23% 23/a 2,100 14% 14% 7,500 28 28 14 27% Yi 50 " ;.4 , . *49% k 800 50% 64% *65%* 66% 300 24,500 : / 48 % 4,200 213/4 ,223A 22% 23 7,800 73 71% 72% 583/4 58 58% 19% 19% 19 va : ♦35 ; ... 30% - *205 ' 103/4 19 :*' . 1,500 19% .-V 21 35 48%' 31% 2,000 .r 49% 21 : 31 " 14,200 1,000 35% 35% 35% 51% 50 3/4 51% ' 37% ■ 113% 114V2 112% 112% 45% '45% 44% 443/4 37% 108 111% 110% 114% 44 44% 44% .. 60% 50% 38% 36% *20 . 18% *90 4 *64% 54% . 20% 55 99% 54 % *97 21% 221% ' <. *18 y8 , ' ■ 25 70 *97 ' 20% 4ye 4 *64% .. v. i-j*' 253/a *18% 46 " ' 91 25% - , 20% *90 f T" 20% 91 - *90 1 25% r Y 18% 41/a ♦97 99% 213/4 79 x24% 100 3/4 13% 18% 54% 55% 24% 25% *41/8 22% 13% ' *64% ; 100 y4 - 353/i, 51 51 % 37 ' 385/8 - 5,300 26,500 30,600 - 4,200 3,400 400 r" X24y8 24% 38 3A" 35% „ 20% 70 523/e / 300 * 8,600 31 ,35% 353/8 400 U . 20% "21V4 ♦31 ' V 5,400 3,500 52* 26% 35 48 3/4 48% -3,500 •" * 263/a 36 ' 20,300 11 52 ' 5,200 , 18% " 26 ■ 10% 52 26 21 30% 37% '18 '% • 48% 20%, 37% 52 35% 31 1,600 38'/a 10% ; 21% 527/a *205 25% *34% 613/4 52% 19% 19% 52 643/4 6034 53% 58% 10% 25% 64%" 613/4 72 y4 : : •* 51% 38% v. 2,400 , " 66 %' 49% 79% • *100 20 3% 9! 25% 18 Va 41/4 70 20 y4 *90 • ... 18% 18% 700 41/4 3,600 4 *64% 54 *97 24% ' 25% 55i/4 101 91 11,800 25% 99% 22% 20% 21% 24% 4,100 70 54 5,900 99% 22% 18,500 - 243/4.; 58,800 100% 1001/4 200 13% 13% 13,500 13% 133/4" 79% '■ 79% *79 80 120 *65 66 2,200 42 4,400 61 64 64y4 64% 651/4 413% 41% 41% 413A 42% 85'% •• 64 Va 41% No par 1 , 80 23%: ; 35% 5 Inc ; , ■'■<■■■ y• -18% - , 37% •' 19% *51 35 % 78 91% Jan 26 page 19 52 77% 10 Square D Co : 58 10% 26% 2 85 % May 28 see 5% 48% «' 18% l03/a 13% 20% Mar For footnotes 30% U 61 , '. . 57 , 101 y2 Standard Brands / *205 13 Va 44% May 14 6 19 23% 3 11% Mar 12 72% 57% 1003/4 23 3 V 69% 72 % No par common.— 1 22% 25 51 % Jan May 28 213/4 50c 39% Jan 9% Jan 30% * 6 7 4 30% 53% 30% 100 • 41% July 27 94% Nov 22 16% Feb 11 4,^00 2,000 *65% V . ; 20% 2.50 preferred Inc 57 21% 64% ,.y 7.U 223/a :. 47. :49% pfd——.No par Spencer Chemical Co common 4.20% preferred1 Spencer Kellogg & Sons Sperry Rand Corp common V- 37% 35 Co__j_l Co •. 183/4 .20 100 Spalding 2 25 99% May 11 17% Feb 14 Sep 14 10% Jan: 5 July 11 preferred. . 36% 25% L50 non-cum , 37% *51 No par preferied.; 65 vY.' , i 61 10% ,1 17 Jan 3,200 56% 21% 14 54 ; *205 25 non-cum 63% 52% 18% No par Jan 5y4 Mar 17% 17% 57% u 27% 65 59% 56 5 21 63 24,000 783/4 y ; 48% 523/4 69% Southern Indiana Gas & Elec.No par Southern Natural Gas Co. 7.50 South'n Pacific Co (Del).. No par Southern Railway common New com "when issued" ;, v 64% ...21% _25 Edison , 48% 64 ,;, 61 30% 1.5 (The) 64 51% 50 com 17% Apr 17 17%.; 40 23% ■ 273/a 58% __1 ; 8 77% Dec 10 * Sugar *27% 62% 115 z 50 64 com_4.50 Co 3 May 28 ' :■ '■ - 14%/ 14% -.v, " pfd—100 Jan 103% Nov 30 23% Aug 8 18% Oct 27 G 14% 27% 48 . __i 28 16 55% Dec .1 5% i 14 27 15 issued" . 24 % May 15 98% Sep 16% Jun . : Southern Production Co Inc s 2,400 87% 39 42% 7 :i;'" •. : 80 —5 . 5 25 3 , 36% *86V2 ♦22% >23% 23% _10 Mobile St Ohio stk tr Ctfs Jan 25% Nov 18 88 Mar 22 V'when California ' ■ . • 23% 10 4 4 86 Southern 20 30 10% '■*, . 23% 783/4 —* E & 93 % 21 383/4 10% *22 Ye. 79% US / preferred ?Southern Co 10% 10% 23% 25 Rico 3,600 102 36% 87% 12% , 223/4 50c ; 91% Jan 63 40% Oct 8% 54 77% No par preferred Porto 67 *93 *100% 41% V *52 • -23% *22 1 Corp Carolina " •« : / "363/4 :y - ,Zp 42% 42'/4 Xl03% , No par 88 % Mar 19 6 18 96% Mar 14 5% 58% Mar 23 43% May 9 127% May 9 49% May 16 52% Apr 5 41 Va South Amer Gold & Platinum 18 8 53% 40 3/4 6,900 67% 93 % '* 102 •'30% V _i iSolvay American. Coirp 4% iSouth V •T 513/4 v '. 67% 67% 17% 6 52% America..' Solar Aircraft Co iSoucn .. 51% ; common *52 :?yy 13% ,5% ' 21,200 13% 56% ' 303/4 133/8 ... 13,300 54% " 21 /■/: 7.50 ::Smith-Douglass Co Inc i Socony Mobil Oil Co Inc., New 58 1 : Smith-Corona Inc s 5% 18% 54% - f':\'...' .... 39% * 5% Aug 31 Nov May O) 13% 5% 1,000 13 40 21% ' 30 180 • 10,300 3 2 3/4 18% *86'/z ' " 323% ' Co (A -Xl 3% 55y* 173/4 ' 30 y8 —No par 1 Co 1 7 100 Smith 293/i i._No par Pen 20% Jun Feb 2 Mar 16 31 33% Jan 36% Nov 29 65 % July 5 38 % Apr 23 Jan 17% /; 56 V-//' •, 18% 39 . 52% Mar 23 1 173/a 18% 40 -V Skelly Oil Co—L 17 May 28 19% Jan 11 16% Jan 21 40% Jan 29 112 •7% Apr 14 89 6 17 17% 17 % x53 % - 13%~ /■" 36% . / ' 373/8 4 .Sinclair Oil Corp— 16 Jan 47 Aug 44 49% Jan 20% Mar 5j% Jan 28 34 17 21% Jan 10 54% July 25 21% Mar 7 7 28% Jan 14 25% Apr 2 34% May 24 * 44% Jan Feb 10% May 28 17% Jan 12 28 28% Dec 82% Apr 30 64 % May 10 22% Jan 5 237 % Apr 10 12% Jan 24 205 12% May 23 4 16 41% 2.50 Simonds Saw & Steel 17 56 May 28 18% May 24 7 23 3 21% May 28 65% Dec 28 Julyi~9 174 ' 24% Jan 87% 53% iSlgnode Steel Strapping Co 7 May 7 38% May 31 32% Jan 12 A) Shell Oil Co 26 8 (W ! Shelter Mfg Corp Sheraton Corp of 60 Apr 37% 40% 53% Inc.. Sharon Steel Corp—: Shattuck (Frank G) 3 10 36% 19,600 V 21% 18%- *93 *86% 87%; 102 " 55%; 102 No par Gas & 9 13% Feb 20% Jan 25 Oil -:■ 93% 102 41% 37% U: 10 50% 18% 13% * 073/4 *cn ♦100% 1 1 67 66%* 94% 102 49% 21% 33% 1,200 165 102 21% ' y 9,800 54% ■: 18% 1 Co r ■ ••••* 102 33 55% 3 common 13 18 54% 40% 1 Co & 26 Feb 05% 94% *100% ... 13 18% »142 50%'' rM 21% DAY 28% 400 83 *81% 292 ; V-x *287 165 >' *100% MEMORIAL 33% 54% 52% - 33% 13% 13 .18 : .5 $4.50 preferred Shahmoom Industries 19 21% 34% _1 Rubber fServe! Inc Mar 15 100% 21% 33 No par Co 11 % May 25% Dec 23 Jan 21% Feb 29 7% Apr 27 ,63 Roebuck 300 4,900 24 27% ■V. 82% 290 49% 493/4 100% 21% 21% Co 49 % Apr 18% Aug 17 , 3 Oil 16 22 % May B Finance Seaboard 19 30% July 12' 19% Jun 22 13% Nov Mar 29 49% 100% xl00% U'47% % 46 5 20 * 8% Mar 14 23 Seaboard Sears 18 *142 36% 36% Jan 9 % Apr CLOSED 5 Seagrave Corp J, 61% Jan EXCHANGE 165 *80% 29% May 26 :* 280 .25 68 180 453/4 24 28% 82% STOCK *142 ...No par 23% Mar 26 83 165 3.65% preferred 100 Seaboard Air Line RFt Co new——20 29 45% 24 ♦280 common..—.No par 17% May 29 • 20% Dec 10 19% Feb 46 28% 27% 82% *142 1,40 —— 27% 82% ',280 _i5c $3.40 preferred 7 13,600 ♦114%. 117% ' 24 24 275 10 . Co 94 4oj/4 *260 10 ^covill Mfg Co common... 5 1. x81% Corp.. $4 preferred 46 "• 115% 115% 114% *23% . 28 X26% * s Schenley Industries Inc .Scherlng Corp Scott Paper ♦93 92 45% • 24 100 common. y 9 s 8% Nov 17 82 Co 1st pfd 4.40% series A Sangamo Savage Arms 6 Feb X24 Ry Co...100 preferred 100 noncum 53% May 28 5 31% July 18 - 5% 6 Jun * par, —100 2 Jan 17% May 28 No par Jan 39 * Power 105% Apr 86 . 45% Gas St Electric Co Electric Co l 15% Jah 30 63% Apr 20 18 ■» 20 Feb 98 19 101% Oct May 28 . May 28 44% Feb 14 3 Jan 06% Mar 14 , 13 17 20 44% San Diego ' 22 114% 53% ;■ 52% ' series A 5% St Regis Paper 22% Apr 30 29% Jin 21 ii4% x91 St Louis Southwestern * 33% Mar 14 91 % Xll4% 10 ^St L San F Ry Co common__No 5 91% 100 ... Lead Co St Joseph; Light & 5 155 10 310 x51 % 10 preferred conv St Joseph 24% Mar 23 May 29 preferred 4.30% Mar 19 280 IV 4% 126% Apr 27 __5 common 85y4 85 3/8 85% *85% 86% 10 10% 10 y8 10% 10i/a 10 V ia 10 y8 10% 2,900 10% 10% 11 ny8 11 Va 11% 11% 11,700 10 3/4 - ■ *851/4 86%.: 41% 70 -Volume Number 5539 183 •. . The Commercial and Financial Chronicle . NEW YORK STOCK Range for Previous - Lowest 73% Jan -Range Since Jan. 1 Lowest Highest ' 18 8 98% July 87% Jan '*■ . 19 NEW YORK Highest 4 48% Jan""23 63% Apr 2 49% Jan li 53% Mar 14 42 Jun~24 62% Apr 50% Sep May 28 31 47% Jan 13 4 50 99 102 Aug 19 - May- 8% Jan 6 15% Dec 22 12% May 29 25 22% Feb 14 15% 50 Jan 17% Jan 43% Jan 23 56% May 51% Jan 19 75 13% Mar 5 15 42 % Mar 14 59% Dec 29 50 24 % May la 29 ;5 22% May 29 23% Jan 38% Oct 6 Feb 19% Apr Aug 26 15%. Jan 11 41 Va Jun 9 ' Dec 27 1 Jun 105 * Mar 20 8 Feb 1 97 Jan 101 11 80% Sep 30 70% Jan 31 Jan 6 27% Jun 15 22% Jan 23 21% 80 Apr 28 24% Apr 25 36% Jan. 9 26% Jan' Feb 87 % 69 May 28 78 2 8 May 28 10% Mar Jan 740 1 12% Jun 6 1,080 Dec 8 960 33% Sep 15 18% Feb.. 41% Nov 2 • 58% May Mar 30 20 44% Oct . 8 91% Apr 6% Jan- 30 22 % Jan 4 27% Feb 2 43% May 25 48% Jan 6 42 99 15 8 July 28 9% Sep 10 11% Sep 27 25 41 Va Jan 17 6 121 '/a Dec - 92% Jan 21 62% Jun 83 Va Jan , 8% Feb » 12 May 18 36% Oct 11 24'/a Oct 10 28'/* Oct 11 45% Dec~12 May 25% Jan 16 33 % Jan 5 Nov 28 " Jan 23 38 % Dec 2 34% Feb 10 12 Jan 6 25% Nov 1 18 Jan 10 25% Nov 1 • 15% Nov 28 Nov 25 19% Mar 53 8% Apr 13 150 Biscuits 182'% May 6 13% July 25 10% Jan 23 14% Apr Jun 1 I' 47% July 25 11% Jan 11 7% Jan 43 ; 18 15% Feb 43% Oct 19 60 '/a Mar 24 100'/a Sep 27 105'/a May 10 Jan 17 24 35% Dec -5 % Apr Texas Texas Gulf 4.48% 104 * Feb conv ft 28% Dec 7 25% Apr il 28% Feb 75'/a Dec 22 62% Feb 17 86 May May 17 15 37 Va Mar 14 18% July 26 14 58 % Jun 44 % Jan 6 62% May 10 1,300 8% 58,800 •99 Land 4% 7 7 1 16 31% Jan 13 21% Jan 30 15% Aug 16 20% Jan 19 15% Apr 27 29% Apr 17% Feb 46 % Aug 17 60 19 46 25 51 9% Nov 4 9 370 23% 44% 45 *22'A " , 2,500 <23 1,900 „ 200 44% 50% . 98 45% 4,700 49% 45% 10% 50 12% 13'A 123% 1 49% 10,500 *963A 98. 120 : 10% *18% 18% 133/4 123A 13 2,400 133/8 13'A 13% 6,900 6,500 < 900 51% 51% 2,700 125% 128 Va 16,000 62 3A 10,500 43'A 64% 43% 31% 32% 35,900 <11% 51% 126 12% 43% 44% 32 32% 12 • ' 63% 12% ,*26% 26% 300 40% 41% 19,400 8% 3,000 26% 26% 42 4 l'A - 62% 1 26% *26 42 ^ 10'/a 18% 50% 1243/4 62 -. 10'A 18 Va - [■ 120 60% 8% 40 Va 415/8 ... 15,900 3,900 8% 8% 8% 8% 174 8 3/a *170 174 174 175 177 800 11 37% 37%'" 38 r 38% 373/4 38 5A 8,100 21% 24'A 23% 24 23% 24'A 23% 24% 46,900 23 23 % 24% 1,700 18% 5,500 38 23'A 23% 23% 24'A 23% 18% 19% 18% 19 18% 19 18 49 49% *49'A 49'/a 49'A 49'A 48 3/4 •11% 12% *11% 12 *113/4 12'A *113/4 12% 12% 12% 12% 123/4 12% 12 3/a ;—50 45% 46 45%' 453/4 45 45% 15 •12% 12% 12% 123A; X53%" 55% ' . .. 1 —x__ .• 100. j, -10- commoiu. issued" 55 98% •98f%» 100 .. 39v 40% 40% t 12% *45'/a 56% * No par 5 2 (The), Corp__, 2 26% 26% 69 13 46 *12% 12% STOCK EXCHANGE 98 % CLOSED , 'iif' it* MEMORIAL *26% 263A- DAY 70% 72 98% 41% 41% 41% 71 58% 56% 97 41% *41 : 25 Airlines "8% 174 171 No par *41% 1 49 • r 59 .41% "#421/4 42% 26% >' 72% 73'A 26 3/a . 14 '/a 14 14'/a 14'/a 57% 59 59% 60'/a 60 3/a 40% 40 40% 40 3/a 41 38% 21% 14 22% 21% 20% 21% 21 21 28% 26% 50 56% 56% 1 27% 28% 27%. 28'/a 50 55% 55 Va 56% o63A 29% 29 "Va *21 26 ♦56% 22 26% V 56%. 57 56% —— 26 % — | 5,100 14'/a 5,200 61 % 3,500 40% 25,600 22 28% 22% f 4,700 22 500 26% 26% 57 57 28% .... ■ 3,300 72 % *20% 26% 28 Va 26'A 30 8,900 *' 393/4 22% 22 *21 ^ 1 43% 14 57% 11,800 • 42% 7I3A 14 150 . 200 98 %; *98 - * 340 5,000 13 58 : 26% ; ■ *12% 56% 1 Truax-Traer Coal Co common 7 23 *963/4 50'A 50c 23 14 *23 % 1,030 " 25 28% Feb 3,700 49% * - 121% x37 % 55% Jan 52 % Feb •> 13'A 50'/a 61 40 100 Tri-Continental Corp common $2.70 preferred a. 14 1,300 8% 8 1,020 * No par Apr 3 58% May 15: 14 70'A Trust— 18 59 Va Apr 70'A 45 10%' 26 Nov 33 Va Apr 10 '/a 26 60 Aug 26 2,100 70% 45 12 14 Mar 14 1,800 38% 23% 32 55% Dec 51 27,700 25% 38 2 3% 44'/a 28 25 *96% 10 11% 9 2 25 Va 253/4 37% *22% 97 31 Va 24% Feb 2 • 43'A 15 Mar 25'A 253A 8 Va 44% 12" — "when 25% 44% 50 %■ 32% 28% Jun Mar 23 44% 48% 44% 11 32 *22'A 45'/a 11% 22% Oct 63 22% 49% 49 10 3,300 1,045" >; 31'/a 5 17 ' 45 42'/a No par 10 23 Va 44% 98 71% 8 : 22% 44% ' 71 Va ■ 1,030 ; 23 118% —3%- Inc Jan 8'/a 1,035 13% Transue & Williams Steel 52 % Apr 8 1,015 18% Trans 2 70 13 Va 28% Mar 21 29 70 18 23 53 % Feb 70 ' Xl2% 1 31' 25% Dec 70% 12% 20% May 24 Mar 15 37'A 13% 20 May 16 253A 37% 18% 8 18 25'A 25% 37% 12% Products Inc common—5 World 25% 25'A 38 No par common Transamerica 24% 25% 13% 12 3" 25 37% 18 48% Sep 30 72 common—, 1 preferred Co 71% 9% —2.50 Timken.Roller Bearing,,: Toledo Edison Co (The) Trane 71% " 96% 24% July 13 50 100 ' 71% 22% 35% Jun Jan 20 8% 101 72% l Oil, preferred $1.20 13 *99% 47% No par Common 101 1 common— Oil *99 9 8% X44% .9 t $2.40 conv- preference Tidewater 101 8'/a 44 28 45% Apr DAY 22% 20 23 *. 25% 22% Oct Jan MEMORIAL 24 - $1.25 conv preferred,, No par Thatcher .Glass Mfg Co common 5 Thompson :■ 8% 8'A Sub share,ctfs.ex-distribution Inc*" 8'A -71% 18 Va Jan 38% Jan , 20 59% Thompson (J R) Mar 29 3 5,500 25 Pacific 13 6 11 32% 23% 1,030 $2.50 convertible preferred 26 48 39% Oct 323/8 23 3A preferred series A__25 Thernioirt Co 26% Jan 13% Jan 32'/a 24 % 995 i Coal & I Jan 32% 24'A 19% ' Producing Co. 4 47% Mar 26.' 23 32 8 ; Pacific ' 68% Mar 29 23 May 18 *19% 24% «' 1 new Texas Mar 28 Jan 19% 24 X69 a. The Fair Jan 98 2,400 *19'A 2,500 31% issued" 2. 51 33 700 19% 24 5*0 Corp Sulphur Texas. Instruments Inc 11. 14 48% Jan 18'/a 19'A 31% 17% 19 25 Texas Gulf 9 10 Jan 34 18 Va 19% X31'/a 30 Co—'——— "When : 9 12% May 29 44 !'""" 33 3A 19% X23% 17% 12.50 (James) Aircraft 16 13 < 173/4 33% *19% 1 '55 Tennessee Corp—__ 20'/a May 16 23 35% V ,7 173/4 CLOSED 19% Sylvania Elec Prod Inc com^_„7.50 $4 preferred 2 —__No par 29% Apr 11% Feb 12% .Inn A,. Corp— Textron JO il% Mar i.t> .34% i 6.000 7,300 19%- Sutherland Paper Co 5 Sweets Co of America (The)—4.16% Swift & Co 25 16 52% Jan 33 54% 22% 19% lOo 29% Apr 1 * 53% 22% 17 1 common Texas & Pacific Ry Co Texas Utilities Co,'—: . May 28 15% Feb 28 33% ' 18 Va 54 22% 18% No par No par Inc—-'. 23 4 , of 21% May 28 July 12 32% 300 53 22% r ] 2C 42% Mar 26 48% Jun 45 STOCK EXCHANGE 5 Mining Co Superior Steel Mar 20 10% Jan 24 52% 22 Va 1,800 Texas 13% Jan 52'A 600 4,300 3,500 28% Apr • 9 45% May 17 174 14% 101 51 28% Jun ' 6 17 14 Va * *99% 57% Apr 27 19 143A *14'A 4,400 14 139% Apr 30 69% May 7: 11 65 22 Va — 14 Oct 50% 64% t 40 • 27 Oct 15% 50% 643/8 51% Superior Oil of California Feb Oct 15% 51 63% 133/4 Talcott Inc 9 153/4 51 64 39% Teinco 35 15% 53 13% Telautograph Corp 143 15% *51 6,200 ' 39% 9. 14 8 400 13% 13% Apr 4 38% Mar 26 Dec 15% 51'A 13 393/8 4 14 15% " 13% 13 5 "Symington Gould Corp 27 ' 12% 13% 3 38% Feb 28 99% ' 13'/a 23 common Sunshine 7 11%^Jan 21 16% Jan 6,300 55 *97% 39 \ 31 % May 28 44% Jun ' 53% *50 * 99% 13% 7; 37 11 10 Va Oct 53 51 * 53 53'A 53 ' 51% *98% 38 14% Jan 45 ' 13% 15 % May 59% May 28 v 51 99% I. 13 22% common 5%%-2nd pid .series 115% Jan , 52 51 *97% 39 7 20 % Mar 15% 51 50% 99%- 8% 31 May - 50 13% 12% May 25 6 30 99 > 50 % 50 16,000 ' 37% Corp 18 May 28 12% Jun 1 2 . 9 . July 25 17'/« May 9 50 5 : Broadcasting Sunshine 55% May 10 Feb 120,900 .15 Sunray-Mid-Cont Oil Co "4%(& preferred series 30% Apr 2 52% Mar 16 May 24 57% i Feb.,3 49% Jun 17% Jan 25 1,220 22 % May 28 44 2 23% Sep 10 56% 1 2 52 '/a May 26 Mar 14 41 Jan 57% 10 Mar 22 Sep 22 56% 12% & Fuller Co—_ Chemical 8un 6 Nov 56% No par 1 6 39 8% 55'/a 5 $4.50 ser ies A preferred -Sun Oil Co-common,!.; 40% July 25 75 Va May 17 39,100 55% 31,600 Co— 5 * 58 3A _1 Sunbeam. Corp-. 8 32 Va May 11 1 57% Studebaker-Packard Corp, 25'/a May 12 Aug * •97% Inc__ Stone & Webster_ Mar 23 28 58 14 Va 8 Feb 573A 14 Va 15% Mar 15 : 26 67% Feb , 43% May 57% / 14 Va Storer 10% Feb 29 ■ 8 56% 101 - 18 >• 32 56% 54 Va 14 Va Stix Baer May 13% May 28 "55% 1 Stokely-Van Camp Inc 5% prior preference Jan 17% Aug 12 50% No par Stewart-Warner Ccnp_ 26 % <7 4 50% 63% - 20% Jan 26 9 99 3A 50% 64'/a • 35 4 Oct 95 6 22% Feb 5 12% Jan 32 4 31 % May 28 30 29 Va July 3 1003A 50'A 62% Drug'- Shares 993A 50% 10 Stevens ( J P) & Co Ihc the Week 101% 10 Sterling >■ May 31 97% 100 : Bales ftr 1 Friday. June 1 49 Co_ 6- 20% Jan * Chemical May 30 Sterchi Bros Stores line ' 39 % Apr 20 July 14 25 *21% Jan May 28 • Jan Stanley Warner Corpl Co (The) L S Stauffer V 50 7 Ry Equip Mfg Co ' Thursday 99% awhen issued"—_10 Starrett ! 18 27% Mar 12 13 33 Va Dec 6 26 9 18 4 Apr 58% Jan 32 % May 28 17 21 4 20% Sep ; 27 21% Aug 24 26 Va Jan /: 21 Jan 23% May 23 6 18% Jan 16'/2 Feb 23 19'/a Jan Jan Standard • May 29 .Wednesday 95% 25 " preferred "series A i 48 6.25 Oil of Ohio common common' 3%% Tuesday May 28 No par Standard Oil of Indiana.., Oil of New Jersgy:. New 3 11 Feb Monday Par Standard Standard 3 11 15% Aug 22 4 13% Jan / -14% Apr 60% July 28 Mar 30 36 • 100% Mar 23 8 16% Oct 40% May 26 ; 71% May 2 55% May 15 May 28 98 Mar 28* STOCK Standard Oil of California New common 4 i 'k LOW ANA HIGH BALI rmicniB . EXCHANGE 115'/a May 58 % May 48 42% May EXCHANGE STOCK RECORD STOCKS i«J55 Year 27 (2667) 28% 2,600 58% 200 12,200 600 ' 24% Dec Jan Apr 2 18% Mar 25% Nov 2 40% Mar 18 26% Apr 13% Jan 0 16% Jun 15 13% Feb 33 4 43% Jun 28 11 Jan ".4 May 28 24 - 36% Mar 12 . 6 Mar 20 14'/a Jan 33% Jan 18" 3 sdries A (conv) Tung-Sol Electric Co common 4.30% 1 29% 30 ; 54 preferred 1954 ser,_50 •52 20th Century Fox Film 1 Twin City Rap Transit com__No par 5% conv prior preferred 50 23 62 % Mar 13 12 Preferred Twin conv Coach TXL Oil Co Corp *16% ♦48 *52 ♦55 29% *52 54 30 29% 29% 54 ♦52 1,800 53 — — — 23% 24% 24% 24% 24% 24% 9,400 16% 16% 16% 16% 16% 16% 17 2,600 51 ♦48 9 51 *47 9 9'/a 9 .1 27 28% 14'/a 32% 14% No par 34'/a 5 C% 6% 6% 6% 42% 41% 423/8 113% 114% 23% 23% (The) ' 24% 1 - *54 58% 9% 27% 50 47% 47% 40 9% 9 Va 9% 2,600 28% 27% 27 3A 13,900 28'A 27% 14% 14% *14% 143/a 14% 14% 1,500 33 Va 34'/a 33% 33% 33 333/a 4,000 63/4 6% 63A 6% 1,400 41% 42% 40 3/4 17,700 116% 117% u May 6% Dec 1 9 80% Mar 14 Jan 6 , 27% Jan 6 116% Sep 6 31V2 Jun 30 31% Apr 26 108 Va Mar 22 113 Jan 5 '92 Apr 7 Nov 1 100 86'/a Oct 3 92 July 27 104'/a Mar 29 98 Va Sep 12 45 % Sep 26 59 Feb 7 17 205 Nov 25 49% Aug 31 52 Jan 4 139 Jan 44 Mar 27 6% May 28 8 Apr 23 Union- Asbestos 10 103 % Jan 26 47% May 23% May 28 ' Apr 28% Apr 27 30 May 15 131 8 Union Bag 6 Union 112 Jan May 18 93 Jan 83% May 25 91 Feb 98 Mar 26 52 Jan 10 171% Feb 16 May 25 104 No par Jan 5 65% Apr 2 Union Oil of California— 25 9 Union Pacific RR Co 50 196 May 39% May 74% Dec 22 Nov 7 128% Dec 22 113% Jan 23 34% Jan 0 49% July 25 33% Sep 22 35% Jan 23 27% Jan 23 Mar 15 103% Jun 29 17% Jan 3 44 Va Jan 108% Feb 27 15 Preferred Common 9 36 26 61% May 25 102'% May 31 common,* No par Jan 48% Sep 10 10 Preferred $3.50 series 30 5 No par Preferred $3.70 series,, 52 % Feb 3 Co Carbon Materials Corp 15 lO'/a May 10 32% Jun & & 11 May 15 6 6% Paper- Corp & No par 48% May 28 26% Jan — Preferred $4.50 series 10 28 Union Elec 9 91 Rubber Co Carbide Union .Chem Jan •17 1 Corp 2 24 106% Apr 35 113 Udylite 32% May 28 31% Feb , ^ 20 16% Mar 19 (The)—: Underwood Corp —V * 129 4% 20 No par common United 4% 107 *89'A *83% *98 55% 174 Va 115 23% 23% 24 27% 41% 117% 22,000 23% 23% 2,800 27% 27%- 9,200 116 '/a 27% . 27'A 27% 107% 93 85 100 27'/a 107 ♦107% 89 % 93 *89% 85 86 107 4 108 *107 108'/a *98 *89% 99% 86 conv. *98 ' ) 50 85% 100 ' 57 57 178 X175 58% 583/4 177% 58'/a 178 3/4 58% 57% " 176 176 35% 35% 35% 353/4 36 35% 35% 48 Va 49 49 49'A 49% 49% 9% *9% 10 *95/a 10 ♦93A 10 32% 32% 33% 323/4 33% 33% 33% 2,300 63'A 63% 643A 64% 65% 63 3/4 64% 11,100 10 36% 37% 37% 38% 373/4 38% 38% 28% 28% 283/4 28 3/4 29'A 29 102 % 1,400 29 102% 5,700 38 3/4 23'/a *102% *22% 56% Lilies of 5 com $4.50 preferred No par July 25 22% Jan 27 28% Apr 9 United Board & Carton Corp 18 57% Nov 28 48 % Jan 20 71% Mar 26 United Carbon Co, 34% Jan 20 57% Aug 24 44% Feb 10 4% Apr 1 12 4% Feb 9 10 116 105 23 115 *102% *23 115 115 105 *23 233/a 115 *115 *102% — 117 23 300 1,600 20 23 61% 60% — 12,100 1041/2 24 3/a — 60'/a 200 57 57% 60'/* 60% 46 46% 48 48% 63A 6% 6% 6% 17,700 Dye & Chemical Corp com,,1 45% 4% 80 6% 12% 14 13 13% 13% 13'A 12 3/a 13% 11,000 Electric Coal Cos 5 26 26% 25 % 25'/a 26 26'A *253/4 26% 5 I4 50 29 36% 6% 183A No par 4,600 United-Carr Fastener— 72% July 18 6 Jan 7 8% May 17 15% Feb 25 13 % Mar 14 61% Feb 30 2 Sep 26 b% Jan 78 6 73'/a Jan 23 82 -7% Feb 11 6% Feb 9 7 38% Oct 27 12% May 28 23 22% Dec 30 21 17 60 35 Jan 61 '/a Dec 6 5 United United 15% Jan 3 United Engineering & Foundry May 50 5 United Fruit Co United Gas 36% Oct 9 31 2 12 Sep 26 Mar 20 28% May 11 33 23 37% May 17 6% Jun 1 7% Jan 6 For 6 Corp 10 United Gas improvement Co_i._13% United Industrial Corp 16% Jan 3 2% May 15 28'/a Jan 23 United Park City Mines Co (The) 1 39% May 9 U S & Foreign Securities 1 54 72 8 U S 62 Nov 25 80 Jan Jan 23 23 21 '/a May 29 54'% Jan 23 169 Apr 24 18% May 28 3 78% Jan 18 3 15% Feb 14 19% Feb 29 3% Mar 26 May 24% May Feb 21% May 92 May U S 7% 1 2 U S 4 16% Mar 2 44'A Nov 28 footnotes see page 44 28. Jan 5 19% Mar 22 49% Mar 16 U Merch & Mfrs Inc Freight New 8 72% Mar 20 181 United 1 No par Co_„ 4 preferred Hoffman % % 4%% 100 Mach new com_82%c preferred 100 Inc common preferred series A x60% *172 18% 81'/a *38 preferred "when issued" S Industries 2'/a 34 62 21'/a common Gypsum Co common 4%% 40'A Jan No par 6 15 16 Mar 4 % Aug 36% Dec 184% Feb 22 Dec 55 23% Jun 29 Dec May 22 Jan 35 % Jan 1" 64% Dec 78 1 27% May 17 29 177 3 100 14 8% Mar 3 Jan $3.50 convertible preferred United Corp (Del)— 17 39% Mar 11 4 No par —— Stores com__30o Jan 9 Mar 14 May (Delaware) United Cig-Whelaii 13% Feb 14 2% Jan 3- Mar 31 6% Aug 27% Oct Mar 21 4% Jan Jan 34% Dec 18 62 1 50 5 15,600 48% 100 Biscuit Corp '• ' 24,900 ' 178 America—No par Air United No par j 330 93 *84 100 Inc Aircraft 50 issued" ! i ' 93 86 *98 preferred preferred "when ; 1 48% *9% 32 61% 116 United 24 27 35 issued" "when preferred Union Tank Car Co. Mar 26 44% Mar 20 32% Apr 107 Feb series 4% -noncumulative 21 Apr 30 73% Mar 26 $4 39% 111 23'A ' 4% 81 6% 4% *79% 6% 43A 80'/a 6 3/4" *79% ' ■ 1,100 43/a 43/a 4% 80 Va 50 ♦49 50 *43/8 *79% 2,600 70 80 1,100 14 14 14% 14 14'A 14% 14% 4,400 50% 50 Va 50'/a 50% 50% 50'A 50% 17,700 29% 29% 29'/a 36% 36% 37 6% 6% 17 16 3A 29% - *36 3/a 63A 6% 17 - 16% 2% 2% 2% 2'/a 34% 34'A 3 5'/a 35% 30'/a 293/a : 22,100 30 - 500 *365/a 36% 6»/a 6 % 6 3/a 1,000 17'A 16% 173A 28,100 2% 2 3/a 5,700 35% 35% 37 2'/a 36 62 — 22 21 Va 213A 22 22 61% 61 % 63'/a 63% 64% 173 3/a 1733/a ♦1733/a — __ * 5,400 100 23% 4,100 64% 65% 10,100 x22 175 Va ♦173% 175% 20 19% 19 203/b 19% 20 Va 20 Va 20% 15,800 82% 81 % 84 *83'A 85% 39% *39'/a 40% *40 176 16'A 16% 49 49 16'/a 16% 16% *48 % 49'A ♦48% 41 150 *40% 41% 17 Va 16% 17 49 48'A 48% 12,600 300 . t . i The Commercial and Financial Chronicle 28 . . Monday, June 4, 1958 . (2668) NEW * Jan 6 2 5'A Nov 8>/a Jan 5 9 % Feb 23% Jan 11 32% Apr 17 3 67% Apr 25 70 Jan 6 12 93 % Sep 20 11 37% Feb 9 49 % Mar 23 86 'Jan 4 90% Mar 101 Jan 23 21 Jan 6 35 84% Mar 21 97 110 Sep 39% Mar 14 Sep 9 53% Dec 19 Jan Sep 75% Mar <44 23 172 % Jun 23 45 *"4 Oct 11 60% Feb 18 Jan 11 70% Dec 1 18 157 V» Jan 61 Jan 4 68 Mar 16 64% Apr 24 69 Mar 56 40 »/a May 16 62% Sep 23 51% Jan 168% Nov 14 153% Apr 26 12% Jan 9% Dec 12% Feb 2 15% Jun 17 36% Jan 3 38 % Aug 14% Apr 21 27 100% Jun 14 11 3% Jail 3 May 26 16 10 23 35 1 100 100 3%% preferred series A 3%% preferred series B 50% 165% 56% 58% 57% 58% *65% 66% 06 66 54 53% 55 Va 155% 155% 155% U S Steel Corp Tobacco U S 16% common preferred 7 % Co United Stores $4.20 noncu 2nd pfd_5 EXCHANGE 37% CLO8ED 2% 50 1 *26 27% preferred 29% Mar 12 Universal 4%% 8 '/o 8 Utah 55% May 4 3 Van DAY 50 1,400 9 Va 9 96% "96 9 Va 2,100 *96 28% 50 % 50 V* 50 V8 50 % 35% 35 1 *25 26 100 *76 78 76 76 Co_—No par x47% 47% 48 48 1 44% 47% 46% 47% 500 800 162 40 500 *24 % 25 78 *76% 78 47% 47% 10 47% 47% 500 50'% 35 161 % 24% 24% *76 6,200 ; 35 *49% 35% 161% "160 25% *24% 100 96% *26% 163 Vanadium 17% Jan 9 28% 35 Light 1,800 12% *26 % *160 & Power 18% 373/8 12% *37 12% 2% 35% com 2,200 2 Va 161 % Inc 37% 18% 18% '37 157% 2% 35% Co 156% 2% 161% Pictures 156 % 27% 27 50 % 99.8C0 2% 100 preferred 52% Feb 48% 200 55 MEMORIAL 97 Tobacco com_No par Leaf preferred 65 54% 12% 9% 95% convertible 4% 58% 6b 1 9 2% 2,500 58% 55% *18% 13 12% 96% *95% No par 82% Mar 29 28 18% *36 "2 2 preferred 159 Apr 9 24% May 31 47 % Apr xl8% 12% 9 9,800 59% 156 18% Wall Peper Inc common—2 convertible $6 United STOCK 37 9 23,600 166 166 66% 59 12% 1 430 49% 48% 50% 54'/8 18% 25 106% *65% 37 No par common Stockyards Corp Universal May 29 155 100 noncumulative preferred 7% United 52% 89 1063/4 166 9,000 42% *87 108 49% 165% Universal-Cyclops Steel Corp 47% May 28 106% 49% 6 24 3 106 105% 26 28 106 51% Feb Feb 106 10,500 70 42 89 166% Apr 51% Dec *104 43 4,500 9 28% *69% 70 42% *87 89 47% 39 76 42% *87 1st 59% Apr 7 *69 70 41% 89 *8% 27% 20% 165% common noncum 167 18 *69 42 *87 Shares 26% 26% 9 28 28% the Week June 1 26% *8% 9 *8% 5 Rubber Co 8% 9 Feb Vb 26% Saloo far ■»'•?•*« Friday :» f > May 31 May 30 26% 27 Va 70 *69 41 9 28% V Thursday preferred 100 U S Smelting Ref & Min com—50 1% preferred 50 U S 3 Jan 91 31% May 17 5 10 Co_ Jan 31 23 Mar 23 2% May 10 Card Playing Plywood Corp common *8% 26% Wednesday .May 29 25% 25% * "l'' LOW AND HIGH SALS PBWK8 r Tuesday May 28 25% 10 preferred Pipe & Foundry Co S " 1 41% Feb 170 41>/4 Mar 14 9 10% Jan 99 * '? < Par | common 32 27 77 % Nov 16 Feb 10 Co 4 May 20% Mar 15 159 % Dec 19% Jan 14% Apr 23 38 * Monday 3 56% Mar 37% Oct 30% Feb * 3 93% May 1 1% Jan 3 20 Feb 16 Aug 16 26 20 169 May 24 9 30 Jan 1% Nov 91 Jan 8 18% Mar 19% Aug 24 3 35 V2 Mar 17 9 62% Apr 23 23 156% Mar 14 17% Jan U 2 1 170 23 Lines U S 2 60"% Apr Feb 47% May 28 160 % Apr U S Mar 23 124 S 4% % 24 16 28 21'/2 Oct 66 V4 Jan 9 % Feb 9 8% Jan 14 ; ♦" EXCHANGE U 4 29% May 22% Jan 11 17 STOCKS NEW YORK STOCK Highest Lowest Highest Lowe** 19 ' ■ Range Since Jan. 1 Year 1955 STOCK RECORD YORK STOCK EXCHANGE Range for Previous 600 47% 47 V 35 VB Oct 10 6% Jan 129 133 % Jan 37% Apr 6 4 Jan 47 24 133 % Jan 13 Jun 130 65% July 21 14 Oct 127 7 4 10% Apr 8 15 47 % Mar 1 28'/a Jun 11 39% Feb 4 32% Jan 9 May 22 14 % 7 19 % Mar 13% May 13 38% Feb 9 '/a Apr 26 Vlcks 20 5% Feb 128 128 Feb 20 27% May 28 21 . 34% Mar 26 3 11 90% Jan 26 94'% Apr 24 51% Mar 29 32% Apr 6 38% Apr 18 12 94 33% Oct 11 122 Nov 7 146 % Apr 7 33 Jan 44% Dec 6 113% Dec 22 117% Jun 13 100 Dec 27 101 Feb 16 106 37 % Jan 6 108 May 38'A Jan 143/4 1,900 28'/a 28 % 2,300 7% 7% 7% 7% 47 Va 48% 47 % Jan [ 16 27% 28% *92% 94% 32% 100 preferred partic Virginia Elec & Power Co com__10 $5 preferred 100 Feb 13 98% Apr 10 103 Feb 13 $4.04 May 23 103% Apr 9 Apr 24 106 Mar 6 $4.20 preferred preferred $4.12 preferred 46% Jan 49% Nov 30 17 103% Feb 9 71% May 11 16 31 Apr 30 34 6 33% Jan May 29 39% Mar 14 16% Feb Feb 19 18% Dec 5 5 31% Feb 24 28 74 % Jan 19 85'% Mar 25 75 Mar 5 7 % 3 Wabash 30 common (The) *108 43% *113 *128 28% 28% 94% *92% 32% 33% 32% 28 113 113 114 43% 43% *96 99 103 ♦100 *98 101 % 94% 32% 112% 1123/a 112% 500 44% 44% 3,500 113% 1133/4 1133/4 100 94% 33 99 *96 99 *96 99 *100 103 *100 4,403 103 101 % *98 101% *98 101% X61 % 62 % 61% 63 623/4 63% 62% 63 Va 31% 31% 31% 31% 31% 31% 31% 32 1,200 X34% 35 V* 34 35 35% 35% 35% 35% 2,100 19 18% 18% 18% 18% 700 28 *28 Va 29% <*28% 29% 90 77 75% 19 19 19 20 preferred 113% 103 *98 29% 32 % 29 44 114% *96 ♦100 28% *92% 44 Va 112% 44% *113 114% 6,400 *128 *92% 34 2,200 *128 10 Vulcan Detinning Co common 3 83% Jan 1 15% Jan Visking Corp 23 % May 13 28% Apr Virginian Ry Co 6% preferred —100 100 100 25 25 5 V, 2,200 48 48 48 *128 *128 v"'"' 100 preferred dlv 6% 6 45% Apr 128 2 10 3%% 48 43 8 7% 8 *128 —— No par Victor Chemical Works common—5 Va-Carolina Chemical com 116 May *14 % *128 25 33 14% 28% noncumulative preferred.... 100 103 % Aug 22 11 Jan 3 4% 28% *128 Apr 111 100 30 14% 29 % ' Jan 1 87 >/2 Sep 14% 29% Pacific Ry com_100 Shreve & 10,300 46% 14% 29% 7% 10 Inc Co Vertientes-Camaguey Sugar Co__6% Vick Chemical Co 2.50 37% Jan 28% Nov Raalte 9 Feb 130 Van 47% 14% 29 2.50 2 58% Mar May 22 Feb 7 Corp of America Norman Industries Inc 28 28 28 - 5,700 w May 21 . RR 4%% 3 15% Dec 0 13% Jan 19 14% Jan 9 32% Nov 30 30 % Feb 29 33 Jan 6 Walgreen 66% Apr 27 May 25 75 Mar 20 7% Jan 6 15% Nov 66 14 81 % Sep 12% Jan 16% Aug 31 24% Jan 15 100% Aug 10 106 . Oct 3 13% Jun 5 11 3 May May 40% Jan 8 Warren 9 Washington 35% May 22 38% Mar 23 25% Feb 102 9 22 28% 28% 28% 27% 27% 24 *23% 24 »/4 23 % 23% 233/4 23% 21% 22 *21% 22% 22 22% 22 22 10 4% Apr 6 Welbilt Corp 1 3% 3% *3% 3% 38% 38% 38% 38% 1 52% Feb 2 20% Feb 16 23% Apr 27 9 28 % Sep 62 Jun 56% Aug 20 Apr 26 112 Va Jan 106 Apr 27 100 Apr 27 105 105% Jun 10 96 Jun 1 '105 42% Jan Sep 14 30 14 104 Mar 27 19 May 28 31% Oct 25 28 Jan 9 53 6 29% Oct 13 6 7% Mar 30 12 9 %Nov 15 1 12 Feb <32% 51% 52% 52% 53 52% 53% 97 97 65% Mar 20 99% Jan May 14 Feb 17 20 130 Feb 4' 17 57 % Apr 27 Jan 103 24 White Dental White Motor Apr 6 2 May 30'A May 28 45% May 29 ' 41% Jan 5 2 29% Mar 14r 61 May 10 30 25% Jan 4 37% Feb 20 Mar 22 145 5% % White 42 100 common—1 20 preferred Machine Sewing Prior preference Oil Wilcox & Wilson „5 Co Co Inc common—No par No par preferred $4.25 Wilson-Jones Winn-Dixie 10 Co 1 Inc Stores 10 Wisconsin Elec Power Co com 100 Corp__10 preferred 6% 36% Feb Woodward Iron Co 27 50% Mar 19 Woolworth (F W) Service _10 10 Co 23 55% Apr 5 99% Jan 24 Prior Corp common 10 preferred 4%% series__100 201% Apr 98% Mar 4 Prior pfd 10% Jan 4 91 Jan 5 7% May 28 9 26% May 24 32 Apr 13 11 22% May 25 27% Apr 5 24 Jan 19 31 % Mar 12 6 108% Sep 23 83% Feb 8 104% Mar 21 Jan 6 Nov 25 20 16 24% Mar 23 86 Jan 18 142% Dec 27 . 28% 40% —80 90% May 28 159% Jan 25 17 —— and asked Prices; 31. a 28% 1 common__5 - 108 % Jan May 28 141% Jan no sales on this cay. Deferred delivery, d Name 3 Worthington conv series_100 (Del) Wyandotte Worsted Co No par —5 Wrigley 4%% (Wm) Jr Youngstown Sheet & Tube Youngstown Steel Door from RKO Theatres Corp. No par -No par .No par Zenith Radio Corp— lln receivership, or petition has been changed 10 1 5 Yale & Towne Mfg Co new York Corp common., Young (L A) Spring & Wire e 50 14% changed a 60,900 96% 400 96% • 4 8 3/4 49% 9,700 49V4 50 3/8 98 99% 99% *99 23 23'/4 23 23% 8,900 71 % *69 72% *69 72% 100 28% 40% 100 10 *26% 51 15% 15% *75 79 28% 28% 41% 42V4 100 ♦100 10% 271/4 *261/4 52% 511/4 15% 153/b 78 % 17 Va 23 23% 32'/a 33 *138 140 21% 22 30 V4 301/4 45% 46% x46% 47% x90% 90% *169 175 23% 32% *138 171/4 23% 33% *100 521/4- 32% 160 11 4,700 271/4 *26V4 27'/4 % 50 50I/2 *75 17V4 *17 33Va 78 ' , 17% 5,500 33'/a 32% 7,500 140 *138 21% 22 22 223/b 223/s 22% 31% 32 32 33% 32 32V2 1,500 45% 46% 45% 46% 45% 46 Va 17,000 47% 473/4 47% 48% 48V4 4 81/2 6,900 91 91 *171 176 94% 7% 94% 3 93% 27% 22% 28% 23% 27% 87% 21% ...28% 22% 27% 87% 8 21"% 110 108% 112% ■ 91% *173 933/4 94% 8% 8 29% 29% 23% 91% 178 943/4 8'A 29% *139 141 *91% *177 92'% 3,000 190 181 933/4 95'/4 8 8 3,000 29% 29 800 10,100 23% 23% 23% 27 27% *26% 27% 1,200 87 87% 86% 89% 12,300 21% 111 22 22 22'A 3,200 110 110% 3,600 110 HEx-$43 liquidating dividend. Pipe Corp. 140 23% 27% 89 21% Foundry & from Warren ' 700 23% 23% 23% 6,300 24,800 16 15% 16 500 3,400 44 101 10% 11 78% *75 28% 433/4 43% 40 100 *28V4 28% 101 10% 17% aw H 53% 52% 71% ■ 4~- 'L 12,500 23 Va filed for the company's reorganization. Name 22,400 32% 22% 52% to, 3,900 20 31% 50 23% x27 86% 21 74 19% *125 % *125% 17% 17% 74 - 98 49 100 100 Va 9% 10% *26% 27% *74 97% *125% 49 % 98 23 74 common Public 26 M*.y 47 % *97 22% *70 (The S S)_—20 Mfg Co *96 10 No par preferred conv Wisconsin 27% Jan en 4%% 98 100 Corp 24% Mar 26 32% Apr \ Whirlpool-Seeger *96 *125% preference prior conv 4 14 n- $5 18 May 100 B Steel1 Corp< common Wheeling 31% Jan 48 series Wheeling & Lake Erie Ry 15 25 pain preferred 23 67 % Jan j 3.80% 80% Feb 1 1C Brake Westinghouse Electric common_12% 28% Feb 23 22 2,600 •31% Air 100 6,600 76 313/4 2nd preferred _I—100 2,300 76 31% noncum 3,100 31 102 57% 31% May 17 21% May 15 23 *99% 4,700 57 30% 4% 57% 20% 58% Westlnghouse Oct — 57% 1 23% Oct 19 58% 35% May 22% Apr 100% May 18 212% Apr 11 103% July 7 Mar 22 57% 59 Va ,\ 470 106 31 102 23 Jan 31 % 59 % Mar 30 86 31 *99% 31 76% 138 52% July 20 7 30% 100% 31 40 96% 19% 20 4 27% Aug 31 36% Aug 18 11 *105% 19% 80 109 57% 57% 106 75 14% Jan 9 Oct 19% 76% 9 13 92 % Jan *105% 19% 100% 32% 102 1 5 11 54 % com 56% 57% 106 19% 16% Apr 43% Oct No par Ry 19 73 82% Apr 30 17% May 11 Nov *99% *105% 19% 1,000 300 102 96 74% 28 23 30% 100 56% 57% 106 98 20 Va 30 45% May 12 Maryland 19 Co common_10 Western Auto Supply 4.80% preferred Western 56 *105% 1 109 *100% 77 Va 23 35% Dec 100 *96 % 96% 26% 26% 109 102 19% Feb 24% Sep Paper common—9 96% 26% 109 *100% 72% 77 3 & 96% -v;,/ 263/4 102 *76% 12% Jan 21% Jan Pulp preferred Western Air Lines Inc *100% 109 7/a 76 36% Feb 9 148% Jail Va 4%% 90% 109 20 28% May 17 15 14 159 May 10 30% Jan Sep Dec Jun 43 25 Mar 10 86 Mar 14 100 13% Apr 37 18 % Mar 21 C 101% Jan 15% Dec 30 series 16 6 140 preferred 10 5 17 4.10% 23 6 9% Mar 18 27 Jan 22'% Jan 101 100 26% Feb 75 101 26% 110 B West 26% *10!) series 30 10% Jan 20% 100 74 99 July 28 28% Dec 6 6,500 5 pfd 19% 22% May 28 71% May 29 51% Sep 2 102'A July 25 Mar 14 27% .....4 4%% 75 96 16 Jan 1,800 70% 51% May 28 13 34% Jan 34% Western Pacific RR common.No par Union Telegraph 2.50 May 25 27 34% /■■■; Western Jan Nov 35 34% 35 4 98 82 35V4 34% 34 5 46 27 2,400 9 2 Sep 21% May 5 77 47 21% May Aug 31% Sep 463/4 21% 22% Mar Oct 27 47% 21% 81 130 July 29 26% Oct 47% 213/4 86 15 104 39% 48 *21% 14 83 % Feb 3 39% *47% 21% 29 103% Mar 18 11 38% 49 17 15 49% Oct 38% *47% preferred 12 3,400 X21 % 30 32% Feb 130 67 Power Penn 400 1,200 3% ; 3% 3% 1 Corp West Kentucky Coal Co West Penn Electric Co West 3% 50 com—2.50 ——— Sugar 4.20% 105% Feb 23 13 preferred Indies 28% Jan 68% Feb 63 9 5 Jan 37 18 — 2 Apr 18 Jan 4.8% Co Mills & Snowdrift Oil Wesson West Motor 19% Feb 21 26 28% Jun 28 Jan Feb 73% Jan May 23 22% Jan , 86 % Apr 96 % Jan • 47 13 23% Mar 13 99% May 14 Apr 25 9 53 % Oct Jan 108 9 Mar 63 Jun 25% Jun 1 Mar 20 29 107 6 95 10 7 26 25% Jan 98% Aug 3 25% Jan 1 43% Mar Apr 29 Sep 127 25% Jan 12 43% May 10 6 113 Dec 5,000 28% 24 46% Jun 56 2,900 1 Waukesha 300 2C0 36% 36% 36% 5 36% Jan 6 36% Wayne Pump Co 4 Jan 36% 38% Wayne Knitting 9 30 91% *38 9 30 104 X28% 36 Vb ' 6,300 91% 91 38% *38 7 40% Sep 13 5 36% 38% Mar 25% Apr 29 30% 15,500 41 % 27 32% May 18 50 % Dec Jun No par 23% 41% 91 DAY 93 38% 21% 41% 26% May 6 27 % Apr 38 11% 22 % 41% 8 4 30 102 Washington Water Power *87 92 *37% 11% 21% CLOSED MEMORIAL 11% 3 33 % Apr 49 *80 3 No par Corp Gas Light Co EXCHANGE * 3% Feb 4% Feb 110 Petroleum STOCK Jan 6 6 3,100 104 77 19 '/a Feb Apr 2%'Jan 19 2,200 11% 41 V\ 37% May 10 21% Mar 31 17% 16% 21% 30 Jan 17 16% 11% 30 % Dec 16% Jan 16% 16% 41 9 35 100 16 % 10% 21% 27 105 % Dec 103% 41% 21% Sep 4 103% *102% 22 Va 20f/4 Aug 99 % Feb 104 % 102% 40% 41% Sep 101 % Feb 3,500 103 % 102% 20% 5 29 % Sep 7,400 15% 11% Jan 15 15 2,600 15% 15% Pharmaceutical—1 23 23 % Mar 14 68 15% 15% Wardell Corp .1 Warner Bros Pictures Inc_—« 24% May Warner-Lambert 65 'A Jan 17% Mar 68 153/4 15% 15% preferred 9 45% Mar 23 23 107% Jun 68% 15% 15% 11 12% Jan 3 71 % Dec Jan •67% 15% 15% 15% 11 Va 9 20 67 15% 60% 14% 11 % 40% Feb 50 % Dec 67 15 '/a 06% 1 W Ward Industries Corp 42 . 800 30 18%.-Jan 27 16% May 16 1,800 31% Apr 13 July 14% 31% 20 30 42 % *14 Va 17 22% Sep 20 14 % 31% 28 43% Dec 32 14% 31% Feb 18 % Mar 14 38% Dec 14 31 1 & Co Ward Baking Co common 5% % 14 31 *75% 100 G (Hiram) Walworth *75% 14% 31% 77 106 30% Mar 14 May 12 Walker 4. 17% Mar 12 100 75% 14 31 13 100 % Apr 14 16 Va May 10 % Jan 17% May 30 15% May 28 Co *75% No par preferred Waldorf System 3 100 No par 10 2.50 12% Jan 27% Jan r Cash value, 111% 4,600 §Ex-3rd liquidating dist. of $8 wd When distributed, x Ex-dividend. Volume Number 5539 183 . . The Commercial and Financial . Chronicle (2669) Bond ((>> New York Stock Exchange FRIDAY The italic letters in the column rigures Tear 1955- Uwut ~ PrevUoa Range for -• Highest V 108.23 Jan 10 108.28 Jan 10 _ 101.10 Oct ~4 101.10 Oct 4 ■■ " "interest decimal Period" point YEARLY — indicate in each represent one or the case 32nds more month of EXCHANGE r Low 3%S — _ 1978-1983 +Jrea8Ury 'J®, — tTreasury 2%s __ Treasury when \ Low High 104.20 ♦104.10 104.18 ♦99.24 99.28 *100-7 *99.21 100.10 Feb 100.4 I 1 * _ . __ — — — — — . ~ — . — — T . — __ — — - ) 94.29 Sep 7 93.21 13 Oct 96.2 -- ,. & 95.14 Mt»r Anr~" Apr o 8 ,*99.12 99.14 *99.10 *99.2 99.4 *98.30 *97.26 9ft *97 20 *104.16 *97.2 97.6 *96.26 96^30 *97.10 97.14 *97.2 97.6 *95.26 95.30 2£s 2%s 1961-. — ♦101.4 *102.8 102.16 *102.8 - 101.12 . ^ *■ * , 1963-1968 *96.2. 96.6 June 1964-1969 *95.26 95.30 Dec 1964-1969 *95.24 95.28 1965-1970 *95.18 ' ; - - 99.14 Bonds <*) 104.26 *99.25 ♦100.7 the Week High 99.29 " *102.12 ,*99.10 „_ 101.12 *101.4 101.12 *102.16 102.24 99.11 *99.9 99.11 *98.29 98.31 *98.29 98.31 *97.20 w 97.24 *97.20 97.24 *96.26 96.30 *97.4 97.8 95.30 *96.26 ' ' — 96.30 *97.2 " 97.6 *95.26 " , " 95.30 *95.26 *95.18 95.22 *95.18 *95.16 95.20 *95.16 95.20 EXCHANGE *95.10 95.14 *95.10 95.14 95.12 *95.8 95.12 -• 95.22 95.20 95.22 *95.10 95.14 95.20 *9j.8 95.12 CLOSED ♦95.8 *95.14 Sept 1967-1972 95.18 *95.8 95.12 *95.6 ♦95.8 95.12 MEMORIAL *95.2 95.6 *95.4 95.8 DAY *95.6 95 10 *95.8 95.12 " *95.8 *95.2 95.18 *95.8 , * v * 95^6 95.12 *98.20 1957-1959 95.12 *95.14 Dec 1967-1972 < 1 95.10 98.24 *98.20 98.24 *98.20 98.24 *98.18 99.2 *98.28 98.30 *98.27 98.29 *98.27 98.29 *97.31 98.1 *97.28 97.30 *97.26 97.28 *97.26 — - 98.22 *99 Sept 1956-1959 97.28 — June 15 2 %s 1958 _ Treasury 2 %s June 1959-1962 *96.20 96.24 *96.12 96.16 *96.12 96.16 Treasury 2%s *96.12 Dec 1959-1962 96.16 -- *96.20 96.24 *96.12 96.16 *96.12 96.16 *96.10 96.14 *97.2 97.6 *96.26 96.30 *96.28 97 *96.28 97 *95.8 95.24 *94.16 95.8 _ — Treasury 2%s — — ^ 10 2 99.12 Jan 98.20 Aug 17 Jan 26 Jan 5 102.16 Jun 27 97 Sep : 102.8 102.4 Sep 1 100 Sep 30 101.4 102.28 Nov 16 104 MoTTi a Jnoicio« 102.16 Jan 1960 25-year 3s 25-year 3s 17 17 103.4 _ Feb July 15 1972 Mar 1 1976 *95.8 *94.16 95.24 95.8 *95.8 *94.16 95.24 95.8 *95.8 95.24 *34.16 95.8 30-year 3%S23-year 3%s vToVTo OA ,7":: May 16 100.8 25 Jan on iS'?2?k S ' c6? 2 inoif Jan 1? I®" 17 102.16 o 7 Mar 07 nl'io f 103.24 May 25 102 Nov 15 International Bank for Reconstruction & Development 14 99.10 Feb 13 96.28 Oct Oct *97.24 98.16 *97.24 98.16 *97.24 98.16 1981 1971 *99.24 100.8 *99.24 100.8 *99.24 100.8 *99.20 100.4 Oct 1 1956 *99.24 100.4 *99.24 100.4 *99.24 100.4 *99.24 100.4 Jan 15-year 3%s 15 1 1969 fl 5-year 2%s Serial bonds of 1950 *98.24 99.16 *100.8 *100.8 100.24 Odd transactions, lot e 99.8 *98.16 99.8 *98.16 99.8 *98.16 99.8 *98.24 99.24 *98.24 99.24 *98.24 99.24 *98.24 99.24 2s due Feb 15 1958 *97.8 98.8 *97.8 98.8 *97.8 93.8 *97.8 98.8 2s due Feb 15 1959 *96 97 *96 97 *96 97 *96 ' 97 28 due Feb 15 1960 *94.16 95.16 95.16 *94.16 95.16 *94.16 95.16 2s due Feb 1961 *94 95 *94 95 *94 95 — 2s , 15 —due Feb 15 — Mlegistered^^ sale. Cash —— ' 1962 RANGE Period New York Stock Exchange ' *93 or Sale Price Friday's Bid & Asked '*94.16 *94 94 _Quar-June New York Transit Unification *93' .. t • Range Sold WEEK JUNE ENDED High, Jan. " • *93 94„ opt '56, entire No. Low High. Brazil Last Period Sale Price 3Vis series No 1041/2 24 called Sept. on 15 at par. or Friday's Bonds Range Since Sold High Jan. No. Low 1 High June-Dec June-Dec — **84 84 84 *84 85 84 91 91 99 *84 June-Dec —— 95 *84 *84 88% June-Dec 3%s series No. 23 3%s series No. 24 *91 June-Dec June-Dec — —r 22 *84 95 87 87% 84 85 3Vis series No. 25 June-Dec 91 92 3Vis series No. 26 June-Dec *84 87 87 3Vis series No. 27 June-Dec *84 88 3Vis series No. 28 June-Dec *86 3Vis series No. 29 ' June-Dec *86 —June-Dec *86 (Dept of) 30-yr 3s s f $ bonds 19'.'3_Jan-July (Dominion of) 2Vis 1974 Mar-Sepl 53 3Vis series No. 30 Oaldas Canada •25-year Wertheim & Co. Telephone . Members New York Stock Exchange L'V REctor 2-2300 120 Broadway, Now York - Cauca ' Foreign Government and Municipal u * ' Agricultural Mortgage Bank (Columbia)—* '• SAGuaranteed sinking fund 6s 1947 Feb-Auy ^Guaranteed sinking fund 6s 1948—.April-Oct .i(Kingdqm Akerahus lAAntloqula AExternal *97.%- 99 sec 30-year 3s s sink fd 3rd 7s f $ bonds 1978 Australia ^Commonwealth 10-ycar 3Vis 3Vis 3»/2s 20-year 3l/2s of)— 1967 ; 1966 15-year 3%s 15-year 3%s lABavaria — (Kingdom of) ABerlln- (City 8A€%s lABrazil of) 6s external (U S of) extl loan 4s 1964—June-Dec 8s 01% reduced AExternal s to f 3.5%) 1978 6V2S of 1926 due Stamped pursuant to Plan A *54 55 v 54% 60 99?! .. 92 Vi 1 99% 100% 997/s 8 99% reduced AExtemal . & to 93 23 91% 99% 93% 92 Vi 17 92% 93 . 94% 13 93 100 96% .21 93 f 6'/2s of 1927 due Stamped pursuant to Plan A *161 % IOXV2 . 148% -tT 101% 110 . June-Dec- *100 |A7s 1957 reduced 1% to funding bonds of 1931 3.5%) reduced to External dollar 3.375%) bonds of 64 April-Ocl 69% 104% 101% 118 124 135 110 69% *65 64 % 73% IOO'/B 63 % *100 June-Dec % (interest 1951 . (interest B) 67 80 80 44% sinking fund 6s „ *79% > *47% 76% 76% 43 48% — *79% *47% —^——May-Nov 1963—. bonds 3s 1993—1 June-Dec — —• " 47 % 47% 48 assented 53 assented 1961—... 44%; 43% 43% Aprii-Qct *79% April-Oct *47% 43% 47% May-Nov *79% *47% Mar-Sepl *79% *47% June-Dec 8% 1962—i assented Consol Municipal AChilean , 44% *47% 6s 1962 -AGuaranteed sinking fund A6s "*47% Mar-Sepl — *79% Afay-Nov 1961 June-Dec June-Dec 1957 1957 assented 1 June-Dec Bank 6%s 7s 1960 76% — *63 June-Dec 69% 73% 63% 67% 88 84 76 — 3 June-Dec 84 4 June-Dec 88 *84 June-Dec 7 ..June-Dec 8 June-Dec 84 . ,76% . A7s assented AChlpese 1960 (Hukuang Ry) 5s 1951— »A6s of 1927 Jan ext sinking IASlnklng fund 7s of 1926 due 1946 iASinking fund 7s of 1927 due 1947 lACosta Rica (Republic of) 7s 1951 3s ref $ bonds 1953 due 1972 Cuba (Republic of) 4%s external 1977- 123 61% 62% 84 30 87 9 June-Dec *87 87 *72% May -Nov April-Ocl June-Dec 59% 111% 75 72% 59 Va 7 59-% 111% 111V4 13 lllVa For Financial Institutions , FOREIGN SECURITIES FIRM TRADING MARKETS *90 90 91 3Vis series No. 11 June-Dec *85 85 88 3Vis series No. 12 June-Dec *86 86 89 (TARL MARKS & HO. INC. 87 June-Dec June-Dec *91 % 91% 91% 84% 84% 84 86 3Vi8 series No. 15 June-Dec 84 84 84 3Vie series No. June-Dec *84 June-Dec *84 ; June-Dec 16 3Vis series No. 17— For footnotes see page 33. 84% __ 86% 84 ' - 84 84 - 84 FOREIGN SECURITIES SPECIALISTS 50 Broad 123% 61 % 65 May-ZVou Feb-Aug 88 87 89 123 123 *122 61% "9 155 ; *122 Jan-July 1961--———- fund dollar bonds 1970—April-Oct IAColumbia Mortgage Bank 6%s 1947 ApriZ-Oct 3s ~8% 147% 8V4 *153 Afar-Sept (Rep of) 6s of 1928 Oct 1961-Aprll-Ocf 88 3Vis series No. 10 13 76%: __ 87% 84 *86 3Vis series No. 84 *87 3Vis series No. ' *84 3Vis series No. 3Vis series No. 14 77 __ 88% 84% __ *84% 3Vis series No. 77 __ 67 — *84 • 48 76 44 106 63% 65% *70% June-Dec 3Vis series No.: 5 81 — *47% . April-Ocl (Plan 47% 80 43 V4 n_ 80 ■' 43% • „ *47% . . 33As series No. - 77% :... 3Vis series No. - 47% 76 __ *79% May-Nov 45% *100 103 72 33/<s series No.. 2 . sinking fund 6$ 1962..^— A Columbia 101 1 105 % 33/*s series No.. 1 ; 1963_i__ 77% — — "*47% lACologne (City of) 6%s 1950—-. 108 69% April-Ocl 1979 1944 1962 Mar-Sepl April-Oct April-Ocl 58% 46 76 — *47%.: 1961—Mar-Sepl 165- 5 *100 June-Dec due *79% *79% (interest 1978 Stamped pursuant to Plan A » 99 . April-Oct to. 3.375% ) 1979 (Central Ry) 1952 Stamped pursuant to Plan A , June-Dec April-Oct reduced . Sept 54 43% __ „ 101% _ 128 3.375%}- 1979 6s AGuaranteed sinking iund.6s 1961^ 100'/4 93 .. 93 93 99 H 99% 92% 99 n 114 ( 54% April-Oct 1961 A6Vis 128 1957 10 *47% April-Oct A6%8 101 (interest 54% *79% 6s 1960_i_ fund Sept assented A6s 96'/2 ,Etamped pursuant to Plan A (interest , f bds 1978_Jan-July f 7s 1942___May-AToi; ; assented AChile Mortgage 114 1941—^ 99 99% iund 6s Feb 1961—iFcb-Aug Feb 1961—______-_:Feb-Aug txtl sink fund $ April-Ocl 1950 external 91% *91 —__June-Dec 1958 loan A68 A8s 1962_. 1969—.——: —IJune-Dec (Free State) 6Vis 1945u^i Feb-Aup 94% 94% *91 1957—April-Oct Jan-July Feb-Aug-, —June-Dec ; June-Dec June-Dec Feb-Aug 60 29 28 sinking assented AExternal - 195^ 1957 -10-year 20-year Belgium ser 98 -98 ! •*91 SAExternal sinking iund 7s ser D AExternal 53 95 94% " C ser . *91. 1946—Jan-July 1945—Jan-JuZy AExternal sinking fund 7s 1st 6er-1957_Aprll-Oc( ^External sec sink fd 7s 2nd ser, 1957_April-Oct fund 7s A 6s .. AExternal Norway) 4s 1968—.Afor-Sep collateral 7s A 1945—Jan-July sinking 3 87 ~ 8A External sinking fund 7s ser B 1945—Jan-July fABxteral s s 1942 sinking 53 % 89% 84 94% ARy external sinking fund 6s Jan 1961—Jan-July A6s assented Jan 1961 .Jan-July 4 — of (Dept) external assented A6s t 88 88% „ 94% I960. assented A6s AExternal — May-Nov 30-yr 3s (Dept of) assented *91% Mar-Sepl AExternal sinking fund NY 1-1693 ' — 1975 (Republic) § A7s • 2Via Val lAChile Teletype - i 84 June-Dec 19 3Vis series No. 21 100 ^ issue Low 3Vis series No. 20 36 ■;*93, Bid & Asked (continued)— 3Vis series No. 18 103 s/8 104% ' Week's Range Interest New York Stock Exchange *105'A 106 % 104 % ' . BONDS 1 City June-Dec , 1 Since 3Vis series No. 1980 • .-' "A 94 ^ ■ • - - to Stock Exchange dealings. tTreasury 2-%% due 1959 Issue— Corporate Stock 3% • 95 Friday Bonds Territorial Issue- 1961 FOR • • Week's Range Last Low 3s - h&S not as yet been admitted Friday Interest BONDS Panama Canal 100.24 *98.16 1957 ——;— a *100.8 1959 ■ sales 100.24 99.16 15 __ No *98.24 — — price. *100.8 100.24 99.16 -- — asked *98.24 99.16 due Feb — — and 98.16 *98.24 2s _ ♦Bid ♦97.24 - Oct 3-year 3s 24 1 May 15 1975 19-year 3%s — _ — , 95.22 STOCK *95.18 *95.16 *95.16 1966-1971 . 99 14 *99.9 ' ___ 100.9 102.20 *101.4 ' . ♦104.22 99.28 100.8 *99.10 102.16 June 1967-1972 Treasury 99.14 ^99 10 101.12 —1962-1967 —Aug 15 1963 , 2%S: 2%s 2%s 99.22 101.4 104.20 *99.24 gales for June I Low High *100.6 97 24 2VaS *99 is * Friday 31 99 Treasury 2%s Treasury 2%s — Thursday Low High ' 99.12 Dec 15 1958 IreaSUryo$5 __ __ —1957-1958 Treasury 2%s -- _ :—1960-1965 Treasury 2%s 5= 11 i/FT'n 95.11 Mar 9 — 1958-1963 Treasury 2%s -- 85.14 Mar —1961 Treasury 2/as — qt 91 2 /4s Treasury Treasury Treasury Treasury Treasury Treasury ———• Low 100.10 JreaSUry 3^28 Peb 100.4 mature, 99.25 ♦100.7 lfeii*Urir ~ bonds w"' v.- Hijh ♦104.16 1995 —.1956-1959 — W- Treasury 2%s TYeasury 23/4S ——- the point. a LOW AND HIGH SALE PRICES : ■ Highest _ WEEKLY — mijrDVMriTT '■ . • headed after 29 St., New York 4, N. Y. Telephone HAnover 2-0050 Teletype NY 1-971 76 65 114% 1 •Ml**, mUM) nntnnMHOa The Commercial and Financial Chronicle (2670) 30 .., Monday, June 4, 1956 NEW YORK STOCK EXCHANGE BOND RECORD ,« Friday Last Period Bale Prloe Exchange New York Stock or Friday's Bid & Asked Low (Dept of) 3s 1978- Cundlnamarca —Jan-July *53 High BONDS bold Jan. No. Low 57 1 (interest reduced to extended to 1960 Aprll-Ocf *451/4 (Kingdom of) extl 4%s 1962—April-Oct El Salvador (Republic of) — 3%s extl s f dollar bonds Jan 1 1976—Jan-July extl 3s dollar bonds Jan f s 1 53% Ban (Federal German 5%s dollar 78 Vi 80% 78 76 76 80 ♦160 *16% 21 May-Nov 19 *80 Vi bonds April-Ocf 1972 9334 93 Vb 94% 46 93 Va 62% 63 % 8 60% dollar 3s Prussian fund & conv 5s bonds dollar 3s dollar German German 70 Apr-Ocl June-Deo 89% Dawes 75% 80% 2 69% 75 89 90 621/4 63% April-Oct A part 6s Conv paid & 118 117% 118 May -Nov 1946 __April-Ocf 18% Feb-Aup 6s 4%s (1966 Heidelberg (City of) ext 7%s 1950 Helsingfors (City) external 6%s 1960 ■ 5 A 7s series Public Apr-Ocf Jan-July April-Oct 61 661/2 8 129 20 117% 122 4 18% of) (Imperial A6%s 6%s extl due Vis loan 1954 extl 5 Vis of '24 of 80 '30 (Colombia; f $ s bonds 64% 15 assented ASmall 64% 65 44 126% 186% ■- 186% 186% 182% > 186% 101 108 *166 99% 98 *15 21 171/4" June-Dec *„ 1954 *53 54% 165 99% ' 168 21 V 11 *14% 14% / 13 141/4 A4s |A4s agreem't) 1945_Quar-Jan agree't) *18 Vi (assented to 1922 (1942 assented agree't) to 1922 assented 18% Aluminum 18% American to 1933 18 1942 agree't) reduced 6 Vis to 2.125%) extl reduced Netherlands Norway sink to "V-/ 19V4 113% 6Vis 2.125%) (30-yr) (30-year) (State ANat loan ANat loan lAPoland of) extl extl f s f s 6s of) assented _ Alegre (City 8a 1961 stamped (City Sul ('26 A7b external 2.5%) 2% loan to A A 8s to • 13 *15% Jan-July footnotes see 13 __ *14 17 12% 97% 97% - — July 1- Coast Line Atlantic Gen mortgage Gen —. 80% 10% ~ — 15 88% 94 14 90 95% 5 85 90% 4 . 87% " 94 V* 1 89 % 95'/4 '85 98% 104 % 3 92V4 96% 19 96V4 102 % 1,067 129% 138% " 100% 40 98 22 97 18 97 103 98 99 100% » 99% -99 84 87 80% 80% 241 79% 87% 101% 12 lli % 118% 108 115 101% 971/4 . — 99% 28 103% 97% 97 A *99 ,100 *~** 100 . 94 94 99% 100/4 — ■ 1 102% 104 97% — •• 10 97% 10»% 98 105 981% 100 1081/2 3 94 97% 28 99 103% & : 47 __ 37% 93 % 6 90 »/4 98% 4%s 92% 91% 92% 86 891/2 97 V conv 88 89 % 8 88 921% ♦„ 97 % 19 102 Baltimore 12 17 10% 14 V4 93 debs series Gas ref & ref Telephone of Pa Beneficial Industrial Loan City Electric 6s A6%s f s s Bethlehem f Corp— 93Va 96 Va April-Oct 124% 130% June-Dec *144 134 147 % Feb-Aug *144 129% 143 II 47% 1961_Mny-Nov Consol mortgage 2%s series I 1970 95 Consol mortgage 65 42 47% 60 61 36% 38% 57 64% 68% — *130% 3%s First 2%s series J 1976 *93% Jan-July May-Nou mortgagees series K 1979—i—Jan-July conv' debentures 1980 : May-Nov & Co.2%s Maine 94% — debs 92% *96 92% 97 99% 115 Va 1,460 129 98 *93 95 92% 86 86 84 86 87% 78% 78% 78% 88% 55% Mar-Sept 1981 10 96% 92% 97 115% 117% 117% 97% 91 Va 95 56 Va 55 RR— 1967 Mar-Sepl (First mortgage 4%s series-JJ 1961 April-Oct First mortgage 4s series RR I960J an-July AInc mortgage 4%s series A July 1970_May-Nov Bristol-Myers Co 3s. debentures 1968——April-Oct Brooklyn Union Gas gen mtge 2%s 1976_Jan-July 1st mortgage 3s 1980—lJan-July mortgage series AC 5s 86 * *__ , 92% 92% 68% , 98% 98% 97% 89% 92 % :"96 95 , 96% . 421/4 47% 1 *118 94% 94% Consol Brown Shoe Co 3%s 42V4 44 113V4 47% »99 1971-————Jan-July debs 99 91% Niagara Elec first mtge 2%s 1975_May-Nov Pittsburgh Ry— 91% 1 96 Va 96% 35 IOI1/4 91 .. 96% Buffalo Rochester & modified 4%s 1957 May-Nov Bush Terminal Buildings 5s gtd I960——Ar ril-Oct A5s general mtge Income 1982 —__Jan-July Stamped 49 • . 190 Boston 5 105 — debs 1951 debentures, 1959 Steel 97% 102% 98 102% 103 103 u— 2%s 1955 debentures 97% *93% 104 Jun-Dec 1960_u_April-Ocl 92 ♦62 *47% Jan-July 1989 l990— 5s series C Bell Buffalo *45% Co— Z f 3%s 180 53% 45 series 3s s Jan-July 2010—.1— A Electric & M mtge |A6%s *75 *68 96% 94% 93 Va 1970— 65 __ 92% 94% 1st 93 98 25 94% mtge 3%s ser A Borden .(The) 37% — 93 % .1st 40% *60 % RR Ohio Feb-Aup 14% 42 *43% " 85 19 mtge 4%s ser C 1995— —Apr-Oct convertible ipcome Feb 1 2C10-—.....Mav 15% 40% *65 June-Deo 97% 78 98 Vi¬ *97 ; Mar-Sept mtge 3%s series Baltimore 15 41% *86 April-Oct 122 967/s 91% 96 94% 82% 114% 114% HO T10 102% 1972———J—---Jen-July D 1980 Mar-Sept Atlantic Refining 2%s debentures 1966—1. Jan-July 3Vis debentures? 1979/ Jan-July 10 41% *202% __ 105 • 91 * mtge 4%s ser C General 102 *99 —June-Dec 1980 A ser 100 % 33 89% .89% 91 %-r 92% 86% 86% 90 90% " 91% 91% 100% 100"% 94% 94% 97% 98 * 129% 131 % 99 100 ' 97% 97% 97 98 *98 99% *97 99 *83 87 :*80 83 * 79% 89'% — 1963—May-Nou 1964 101% 95 97 93'A 81 % 114% <$95—i„I——May-Nov Ry 3%s 98 % 95% * 1 RR 4%s-A 4s — April-Oct 1962 79 4%s 44 *86 96% *104% 96 95% 104V2 — 96 ' 10 96 98% 105 100% 44 118% (intereVt" Mav-Noo 1957_ *56 58% 54 56% May-Hoy California Electric Power California (interest < — *57 58% 56 56% Canadian consol National 3s first Oregon Power 3%s Canada Southern May-Nov 33. 100 May-Nob Mar-Sept 1984 debs 99 98% 164 *40y8 A 2001 page deb 3%s __ May-No* 2012 100% , *42 Mav-JVoo 1952 A 4s 85 % 105 99% 101 % 43 13% 12% (interest" _ 90% — ^ 102% '81 98 *12 June-Deo ' *or 78% *14 June-Dec 111! — cons 196%. sinking fund 2%) Corp 1995_„— 4s cons 2004 2.375%) secured Stamped 1st April-Oct due Stamped pursuant to Plan reduced 175% 921/4 April-Oct Stamped pursuant to Plan A to 142% (interest" 2004 extl 104 89% 92% —April-Oct 99% . ; . .—.^-Feb-Aug 2 . 105% 22 *92% 82% 1962—April-Oct — , Atlanta & Charl Air Line 1st 9 1946 (Interest reduced to 2.25% lARome (City of) 6 Vis 1952 reduced 1021/4 Jan-June Co— 108 97 62 97 *— 94'A 101 107 • 9 16 A 102% 102% —" May-Nov deb 5s 2030—Mar-Sept ' 1977—j inc sub 5s 4s 81% of)— 1926 Co 82% Feb-Auo Plan A6 Vis 100 (interest pursuant to (City) •J—'"' 98 96% 102% 1964 1987 1969 Investment 81 Apr-Ocf 2012 2.25%) T« 1967 stamped lAflao Paulo 99'/4 100 1966—--June-Dec Topeka "& Santa Fe—~ 78 Mar-Sepf 1999 of Atchison 78% Jan-July '51_Mar-Sepf loan) Stamped pursuant to Plan A reduced 100% — first & Associates 78% fund gold 1968— June-Deo Stamped pursuant to Plan A (interest to 99% 3%s * 99 V4 104 Va 99 • 101 - 99% 100 *80 85 101% 102% *9899% 99% 100 — 102% gold 4s July 1995—l—/-Quar-Jan A P W Products Co-5s 1966—1—April-Oct 84 2012 1921 Arbor ABerlin internal sinking reduced 1011/2 97 *78% II 100% 98% ~i - *107 96% B of) (State Ann 78% April-Oct Stamped pursuant to Plan to 98 V2 97 June-Dec , 1960 June-Dec /Anheuser-Busch Ihc 3%s debs 1977—_April-Oct 37 78Vi 14% 176 *60 of)— to 2%) reduced 101'A 99'/4 160 - 169 A-—' — ' 1980—— debentures 82 1961—April-Oct 1940 April-Oct April-Oct 1958 |A8s external loan of A6s 99Va 97'/4 14 ' 9% __ — 1970—May-Nov .—' debentures debentures 42 seriesl960__June-Dec gold 6s 6Vis 3s *38 series Stamped pursuant to Plan do 2 debs American Tobacco Co debentures 3s *79% Feb-Aug »0 Grande 42 100% 12 165 *99% 101 97 8s 1946— April-Oct Stamped pursuant to Plan A (interest reduced to 2.375%) 2001 April-Oct I AExternal secured 6 Vis 1953 reduced — pursuant to Plan A Janeiro 13 16% — 1971———a——_i——Feb-Aug \ — 3%s debentures 1984——.'--Mar-Sept 98 : 3%s conv debs 1967—April-Oct 131% General 16 87 83% -- *99'A 100% 100% „ 100% debentures Mar-Sept 1968 (Free State) de 88 - 99 100 INDUSTRIAL COMPANIES May-Nou — Mar-Sept 1959 A6s s f gold extl (*27 loan) 1952 lARbine-Maine-Danube 7s 1950 lARlo 100 " 95% - *99 AND 1967— Telephone & Telegraph (interest (Interest reduced to 2.375%) 2001 7Vis 1966 stamped pursuant to Plan A (interest reduced to 2.25 ^ ) 2006 APrussia *167 *164 II Mar-Sept IAExternal sinking fund gold 8s 1950__Jan-July A 4Vis assented 1963 Jan-July Porto * _I lAStabilization loan sink fund 7s 1947—April-Oct A4Vis assented — *139 May-Nov 7s 1st 2nd Hi May -Nov 1947 2008 6s *102% _Feb-Aup 1968.. external (Republic A4Vis 42 138 *99% 100 Mar-Sept Stamped pursuant to Plan A (Republic April-Oct ; 99% 99% 100 Mar-Sept 7s 2.125% ) 99% 1970—June-Dec 1958 to of) 100% 100% Feb-Aug 1963 due 1958 extended to 40 *100% 100% April-Oct 5s 2%s 27/es Armour *43 11 April-Oct 1953 extended to reduced 39 — M&y-Nov lb65 (City of) 6s 1952 DevelopmentCo Ltd— lAPernambuco ♦43 Mar-Sept 1957 lANuremberg A5Vis extl loan June-Dec debentures 3s Anglo-Lautaro .Nitrate of l— .Municipal Bank extl sink fund |A6s extl loan 20 118% (interest 3%s 2%s 3 Vis Mar-Sepf Mar-Sept 1959 2008 of) 20% - sinking fund external loan 1963 3Vi8 sinking fund external 1957 APeru 19% 1958—Mar-Sept 4s 8 Vis 1 *118 (interest External sinking fund old 4)43 4Vis s f extl loan new 1965 .,6s due 1953 "l 97 94 - ♦176 Feb-Aup debentures 1975 April-Oct debentures 1986.a—— Jan-July debentures 1982 ———: —April-Oct debentures 1987 June-Dec debentures 1973— "—— June-Dec 3%s April-Oct — - 1979 & Foreign Power junior 2%s *20 2008 fund (Kingdom (Kingdom Oriental 18% 1963_Jan-July 1952 Stamped pursuant to Plan A ■ 18 17 *20 of) Stamped pursuant to Plan A ASecured 16% 18% (State)— ASecured extl sinking fund 6Vis * 18 *17% ' (City .June-Dec 1961-. Corp 3%s s f debs debentures 2%s ' 'tt- Jan-July assented Geraes 3%s Canada Ltd Co of Airlines American " 1922 ASmall IA Milan 13% 2%s * (assented '98% 32 97% *10% Feb-Aug subord conv American Bosch 12% 93 97 *13 Feb-Aug 1958 debentures f s 4.80s 1963.Jan-July (1942 agree't) 1913 " Minas 95 (Dept of) 100 177/a v new 1984—; 97 177/a 14 100% 94 1970—.Mar-Sept agree¬ ASmall A6s 94% mortgage 19% J07t-July agreement) I ASmall 93% *93% 179 % 97% 8 99% -- 1972—Jau-July 3%s 1984—a.—/i—_—Mar-Sept Albany -& Susquehanna RR 4%s 1975 April-Oct 1st 19% *13% 89 171 % 99% .May-Nov external 7s ,1958 Great Southern American 1968.Jan-July 98 87% *179 Alabama Power First Mortgage 3%s agree't) 1945 new 1937)— (City of) 6s of '26 6a due 1961 extended to 1971 19% " A4s (City3 *18% I ASmall lATreasury 6s of of 1979— AYokohama June-Dec assented 92 "3 97 97 *88 1979—-—_——.May-Nov readjustment assented A4Vis ,97 159 » *88 *83% ♦18% 1910 conversion external A Warsaw 90 159 97 *94 Jan-July 3s " new ment) 21 11 1963_Jan-July 1954 of *157 Alleghany Corp debs 5s ser A 1962 —May -Nov Allegheny & Western 1st gtd 4s 1998— April-Oct Allied Chemical & Dye 3Vis debs 1978 April-Oct Allls-Chalmers Mfg 2s debentures 1956—_Mar-Sept Aluminum Co of America 3 Vis 1964— _Feb-Aug —Quar-Jan (1942 100 *135 • - A4s of 1904 19 I960-. —May-Nov 1964—:—__May-Nov 6s 6s (dollar bond RAILROAD - assented 991J 97% Alabama 1968_Jan-July ASmall due sinking Aldens Inc 4%s § ASmall 16 15 102 Va 58 V» 5 A Large new 99 & • 1946—Feb-Aup 8s Valle Del Cauca See Cauca Valley 101% 54%-; fund fund sinking 3%s i -. . Large 24 98% 99% 99 3%8-4%s-4/Bs external conversion 1978_June-Dec 4s-4%s-4%s external readjustments 1978_Feb-Aug 95% Jan-July 1957 § A Large 5 ASmall A 101% 98% 98% June-Dec external External readjustment 121 116% May-Hoy May-Nov 7s agreem't) (1922 101% 16 June-Dec 1963 to (Republic) External Avril-Oct 1975 lA5s of 1899 due 1945 A5s extended 1953 67 631/4 of)— assented due AExternal 65 102% 103 Feb-Aug Feb-Aug 1978 (1942 18% — 11 April-Oct Aprll-Ocf '27 1961 1961 extended to 1971 lAUruguay 1968 (Republic 1 A5s «a 66% 60% Irrigation— iA4Vis assented (1922 agreement) 1943—May-Noo IA4Vis small 1943 Mexico 101% 63'/4 Mexican ANew 18% 12 __ *11 *100 Jan-July Jan-July loan of AExternal 64% ♦121 1965 6Vis 13% Jan-July Tokyo Electric Light Co Ltd— IA 6s 1st mtge $ series 1953——. ♦121 1964 to *12% IA5s sterling loan of '12 1952————Mar-Sept S A With March 1 1952 coupon on_ 82 98 12 6%s 158 *118 June-Deo (State Mtge Bank) 30-year 3s 64% Jan-July to 93 15% of)— extl 3%s-4s-4%s 1954 5Vis due 1965 extended AMedellin 66 21% 17 1971 (City A5%s T Jan-July 1951 extended 83 "100 87 *14 s f 1971 extended to 1981 (40-yr) due 23% 148% 83 65% Jan-July 7s *84 Taiwan Electric Power Co Ltd— Govt)— loan Jugoslavia 1 1 ♦98% 101 Mar-Sept 1952 7s (Kingdom Japanese 1977 f 3s 1977 s § A External 92 -- *175 Sydney County Council 3Vis 1957 125 Utility Institute— 30-yr gtd ext IA Italy f 3s s 1947 B 18 155% 155% *— s f 3s 1977 Jan-July Italian Credit Consortium for Public Wbrks 30-year gtd ext 18% 18 __ 155% Italian] (Republic) ext Italian 83 12% 88% *13% June-Dec 1965 6 Tokyo - of) *83 June-Dec : 4%s of) (Union Africa A5 Vis June-Deo 1968 (State funding 93 111 June-Dec June-Dec June-Dec 1958 assented South Government— IAHamburg 88 111 -. May-Nov May-Nov 1962 external secured B 95% (Young loan)—- 1964 92 Electric 88% 39 82 — loan)— 1949 due 1965 part paid series A4 %s 125% 125% June-Dec 1924 International 1930 A 7s A5 70 20 1930— 1972 loan Govt 79% , bonds 5%s loan Greek 78 Vi 89 *86 April-Oct Power Co Ltd— i A 6 Vi s 1st mtge s f 1952 6Vis due 1952 extended to 1962 ASllesia (Prov of) external 7s 1958 issue— 1953 of 1980 bonds gold 1963—Jan-July 1972 loan bonds (extl §A7s 1953 due High Croats Bhlnyetsu issue Conversion dollar 4s International _April-Oct 1 Low (interest & Slovenes (Kingdom)— secured external 1962 A 7s 66 1936 3s Jan. No. *106 Jan-July Jan-July loan 1968 A8s 100 *85 Jan-July Mar-Sept Stamped pursuant to Plan A reduced to 2%) 2012 Berbs 1969 bonds Range Sine* S°»d (interest 2004 2.25%) to A6s external dollar 83'A 79% Bonds High *110 ——Jan-July (interest 1956 water loan reduced 19 164 158% 83 % stamped pursuant to Plan A (interest reduced to 2.5%) 1999 —Jan-July Stamped pursuant to Plan A 1924 10-year bonds of A 20 168 Friday's 1936 A7s external 84 76 of)— Republic of External loan 1 1973 fund sinking 807/ or Bid & Asked of)— (State Stamped pursuant to Plan A reduced to 2.5%) 1999 103 99% Paulo IA8s external 1950— 47% 47% 33 Jan-July May-Nov iAFrankfort 4%s 48 99Vi 100% Week's Range - Last - Sale Price Low 58% Jan-July 1976 (Republic off) 7s 1967 on Main 6%s 1953 AEstonia iqo Period High Stamped assented 3%) Interest New York Stock Exchange Range Since 8s Denmark 1 Friday Bonds (State;— Czechoslovakia JUNE Week's Range Interest BONDS WEEK ENDED FOR RANGE * . etd Ry gtd 4%s A *— 1976——June-Dee 1974 5s 1962 1957 95% _May-Noc Avril-Oc* Jan-July „ 101% 94% 97% 95% 1 1031/4 103'/4 5. 101% 101% 3 - - 97% 94% ' 96 ' 107% 101 VA 102% ,102% Number 5539 Volume 183 . . The Commercial and Financial Chronicle . (2671) NEW YORK STOCK EXCHANGE FOR RANGE Interest BONDS.: New York Stock Exchange • T"' Period > Last - or Bale Price Low Canadian Pacific Ry—• 4% consol debenture Carolina Clinchfield & Ohio Carthage Case Oelanese 3%s Corp 99 RR Co Central New Central Y *• No. Y Tl" r 94V* 1995 A of N York 3%s J Power 93 91 April-Oct 1974 ~ *91 > 93 : .. 96% 97 75% 75%' "Y~6 ' 60% 60 Va 60 Va Y126 94% 95 . \ " 97 90% > 96% ' 88 75% 60 V8 67 94 V 5 " Delaware-Lackawanna 98% ' New , and refund 3 Vis series A Feb-Aup ■>: 1974 First mortgage 3%s series B 1968—___Feb-Aug Champion Paper & Fibre deb 3s 1965 Jan-July V 99 Vi 98% 99% 99% lot ; ; 97 Va refund M mortgage due Collateral < 99 trust 4-6s Div Western & series O 5s *91 'A General 4 Vis Refund and impt '118% M 3Vis series D 1996—May-Not> R & A div first consol gold 4s 1989 Second consolidated gold 4s 1989 98% 98 98% '108 1 103% 103 Jan-July Jan-July 26 ' *90 103% - 101% 106 1st 112 1st mtge & 106 110% 1st 100 Va 103% 91% — 97% 89 Va 95% Chicago Burlington & Quincy RR— General 1st 4s ref & 3s mtge 102 102 - „ *91% 92% 92% 92% 93% 94% J Feb-Aug 1990— 111 & Eastern April First mortgage 3%s series B 1985 May-Nov 5s income debs Jan 2054 : May-Nov Chicago & Erie 1st gold 5s 1982 May-Nov Chicago Great Western 4s ser A 1988——Jan-July AGeneral inc mtge 4 Vis Jan 1 2038 April 5s 1997 1^85 71% 85 - 120 ' i 89 89 Vi • 120% + 75 Va 89 *95 78 76% inc series A Jan 4s mortgage / 92 First 91% 4Vis 80 80 -- -- 5s : First Dow Duquesne Light Co 1989 3s series B - 71 1995— T 71; 70 74 92 99 V* 2%s-4 %s First Union Station— mortgage 3 Vis series First mortgage 92 98 83 y« 1963 Jan-July Jan-July *95 - . Mar-Sept Jan-July 1970 Co 3s debs .1977 f s City Investing Co 4s debentures 1961 Cincinnati Chic Louis St & «• 102 East Tenn 95 100% Edison El 111 *93% '104 w 94% 107% El 97 •92% 96% Y 95 ♦102% 102% '■! *92% 96 *__ 98 101 % Y General 1993 series 5s . first coll St Louis Division Electric trust Illuminating 3s mortgage 4s 3s 997/a 99 96% - 101 % 4 i 103% 100% 99 % 100% 35 98% 94% 94% 57 93V4 94% 100 95% __ -100% mortgage 66 1990_May-Nov A 1975 3s debentures series B 1975— series 70% *: 70% 98 98 Va 3%s debentures Y5 98% *94 3%s 1st debentures 1st First 3s 75 101 97% series N 1978 debentures fund Feb-Aug L 1977 23/is s f debentures 102 • * *93% 100 t s f debentures ; 94 *97 92% 101% 96% • 4 97% 99% 99% 99% 99%. ." 102% 102% 98% 104% General Foods General Motors 2%s C ser 1972_June-Dec 1981— May-Nov Mar-Sept 1982 1st & ref M 3Vis series t 1983 1st ref M 3%s 1984. 3Vis ref series Feb-Aug Jan-July K 1985 1063 M ref mtge Consolidated Natural 3Vis debentures 3Vis debentures 3s debentures Consolidated A3s in 4s debentures 102% 3s debentures 96% Crane Co 96% 1 Oil 3Vis Northern A 1st Cuba 89 as to 94 93% *96% mortgage AImp & equip 4s April-Oct May-Nov 27/8s April-Ocl 1975— Mar-Sepf 1965—Jan-July :_Mar-Sept 1976 3%s debentures 1975 23 4s A 1st lien A 1st lien & ref 4s For & ref 97% Grace 92% 12 92% 96% Grand 96 % 94 94 100% 96 2 95 99% 95% 95% 6 95% 99 «■_ 99 Vi 99% 101 101 98 footnotes see Shoe 3.30s Corp 101 31 1979 debs ■ V 1.01% 94 98% 20 97% 102 y3 1 100 % 100% 127 21 142 99% — rr si 103 104% 105 134 107% 109% 102% 104 218 101% 109% *193 190 General General 100 General 98% 12 104% 104% 103% General 185 194% General AGreen 95% *90% Y 96% 97% 92% 91% 96% *— 93% *— 96 97% 99% 99 102% 97 99% 98% 99% 99 99% *97 92% __ __ 190% 175 175 167 VB debs 96 97% 169% *86 101 94% 14 14 94% 94% 99 99 105 14% 73 94% " 99 13 14 91% 6 104% 105 - 97 37 ' 102% 95 97% 98% *95 98 95 4 99 15% 98% 99 113% 1970 1970 June-Dee 36% 36% 27' 35% Jan-July June-Deo —June-Der - — __ ' ' 31% — - 24% 30 " 24% 30 - 30 Vi x31% . ' *27V4 32 ■« & 1973 ctfs A M April inc 4s series B Jan 2044_ 3%s mortgage debentures mortgage First mortgage 3s series G 102% 99% 99% 137 98 101% 99 99% 35 97% 103 99 * 96 Va April-Oct Jan-July 1978 2%s 2%s 1979— 1980 June-Dec June-Dec May-No c June-Dec June-Deo 3%s 1981 3Vas 1982 1st mortgage 3%s 1983 1st mortgage 1st 99% 95 106% 108 96 y3 ■' 99 108 1 625 106'A 109 VJ — — 100 95% 97% 109% 111%; 108% 110 111% 111% 0 ■ 328 • 105% 112% 5 139% 159 19 113 Va 120 111% 115% 2 92 » ' ' 92 94% ■ 94 85% 85% 89 tf ' ' 92 *85 Va 76 76 78% 92% ■ 95 95 *75% 78 19% 20 96 82% *94% — — 2 98% 19% 96 82% 1980 1969 mortgage ' 93 96% 80% 80% 25 18 23 96 1 96 101 82% 2 82% _ 88 88 *96 98 *92 90% 94 — 3 100% 88 90% — — # 103% -- 96% — 98% — -- 103% 103 103 H 99% 101 97% 37% Hackensack Water first mtge 2%« 1970 fAHarpen Mining Corp 6s 1949 Hertz Corp 4s conv subord debs 1970— Hocking Valley Ry first 4%s 1999.; Household Finance Corp 2%» 1970 25 3%s debentures 1958 28% 30% 4 Vas debentures 1968 28% 311/4 tHudson 28% 31 ' 94 97% Ohio RR— 23 , 11 82 Feb -Feb B mtge inc 5s series A July 2015 ref 98 92% 94% 99% 99% — debentures West certificates & 53 102% 94% Jan-July 4%s series D 1970 —Jan-July mortgage 3'/aS series N 1990—Jan-July mortgage 3'/8s series O 2000—Jan-July mortgage 2%s series P 1982 Jan-July mortgage 2%s series Q 2010—_Jan-July mortgage 2%s series R 1961 Jan-July C 6 6 ' 94 Va 100% 99 V8 149 series 97 100% Co— 3 1 94 102% 100 V2 25 66 94% 115 5s 170 98 104 99 Va 1980 April May-Nov Gulf States Utilities 2%s 1st mtge 1970—May-Nov First 97% 94 90 100% 33 101 Va 101% 149 Mobile & 101 100% 101% 98 95 87 89% 115 Ry 92% 94 149 General mtge 1st 94 *90 __ 115 Bay General __ Mar-Sept A Debenture Gulf —— *166 *91% — —Jan-July Company— debs 1989 First 96 page General 99 Va 99 1970 General *179 —— —Mar-Sept subord conv 103V4 99 June-Dee A -- „ 3'/2s conv sub deb '75_May-Nov & Co Northern 103% *__ B 1970_ 3%s Great 101 Va 100 R) Union 97 *95 30 (W 99% ~6 99% May-Nov mtge 8 Vis 1966 May-Nov 1970 ser 98 91 J- 103% Mar-Sept debs 1971_May-Nov Good Hope Steel & Iron Works— §A7s s f mortgage 1945 Aprll-Ocf Goodrich, (B F) Co first mtge 2%s 1965__May-Nov 88% May-Not) (1942 series) 4s ser 3%s Corp & Utilities Corp— debentures 1969 income conv 89% - _Aprll-Oci 1984 June : v ' —— 108% 109% Apr-Oct Jan-July Jan-July —Mar-Sept .Mar-Sept 1969 99% Ry— mortgage 4s '■ — . 1964_ debentures debentures 1972 RR— A 1st —May-Nov . 101 debentures 96 f debs 1977 1st r"''' *99% 100% 101% 3%s 3s 1980 debs 81 Vi 97 ' 132% 133% —Mar-Sept 99% payment debentures 3Vis debs 3s s 90 90% Jan-July 1968 1 debs 73 45; 98% *99% .—Jan-July April-Oct I960 96% Feb-Aup 3s 133 1961 1958—^ debentures 95 Cuba— (stpd Crucible Steel Co of Am Cuba 89 June-Dec first mtge conv Continental Can Continental 2Vis 2001 Baking subord 1986 1978 -Consumers Power 3%s Gas 6 Y Yv Y 98% debs Acceptance Corp— 121% 21 1968 3%s Corp 102% 96% 3s April-Oct X ser 86 79% 100% 100% 100% —Jan-July —Jan-July —Jan-July 1976—.—Jan -July C 1968 102 96% Jan-July 1979 debs ser — 1976 U S dollars) Continental (Bait) 1981 Railroads of inc cum U ser f 2%s s adj 115 ' June-Dec 27/8s ref 1st debt 12 98% 96% June-Dec debentures Consolidated Gas El Lt & Power 1st ref M 27/8s ser T 1976 1st 4%s 2%s 96% and refunding 3s series D 1972 May-Noo and refund mtge 3s series E 1979—Jan-July and refund mtge 3s series F 1981-Feb-Aup & B 3%s 1977_ApriI-OcU convertible 84 74 —— June-Dec 1968 ser Motors 1982.Mar-Sept J 80 3 84 98 98% Jan-July adj Realty A ser 83% *92 May-Nov debt A4s B H 96% : 1981-' 1940— 47/es General ser ser ; General ser 3%s 74% e»—' 84 Y -June-Dec 1948 ser A 104 92 115% 116% *97 5Vis debt adj 102 7/a 97 V8 6 99% 102% 99 94 16 99% 94% 23/is M 11 — 96% 73% May-Nov 1945 debentures 96 2%s ref 98 109% (Germany)— * debentures 8 A 6s 93% mtge 1st 8 A 7s 99 General G 134 106 74% 84 4%s 1982——May-Nov . General Electric.Co 90 mtge ser 74% *83 May-Nov Corp— ' ; ' debentures 1975 convertible 92% refund 3s 3%s 92% and & General .Dynamics 92% and 3 Vis 1981 1959 c 92 and refund ref M 100% . 94% 110 *__ Jan-July debentures subord conv 92"% First 1st & 4s April-Oct First & 74% refunding- 5s series A 1974—Mar-Sept Inc 4%s 1980 Jan-July 8A6%s debentures 1 Anglo-Lautaro Nitrate 1st 99% 134 99 *__ Dairies April-Oct ;— First First debs 3s 1977_ V: rY-V.iY • Consolidated Edison of New York— First 89% 109% 109% General Telephone Corp 4s conv mtge 89% General American Transportation— Oompania Salitrera—See First and April-Oct 2001 refund 154 96% 134 *94% > 1972. debentures AFirst 91% 98 Rubber & debentures Foremost 104% 97% 93% *91 Ju?ie-Dec 1999 1999 2%s 90% 105% *__ 1971—Mar-Sept ■ Fort Worth & Denver Ry Co 99% 98% 102 *97% 100 99% 97% Co— series mortgage 3s sinking 70% J 100% 100% May-Nov 1970—May-Sept May-Now Apr-Oct 1G8C Edison mortgage —April-Oct 1981 1964 1983 3Vis mortgage Commonwealth 3s F Mar-Sept Ohio Elec 3Vis 3%s Jan-July 1 1980 series & South mortgage First 87% r- 91% April-Oct* . E subord conv debs 3Vis Columbus ■ 6 98% 102 c —Feb-Aup 1979 ser 97 123% 4 >100 series 3%s mtge tFlorida East Coast first 4%s 95% 79 % •' 8 98% 98 June-Dec 1977; C 95 128 91% ' series debentures 88 *102% 103 April-OcI 1965 Firestone Tire System Inc— debentures 3%s 85 43 1985 3s 3Vis debs series D 80% 87'/a 92 1958_May-No» 1995_Jan-July F 120 100 i*. 88" 80% 70% Mar-Sepf '--June-Dec mortgage 3s 1989— May-Nov Cleveland Short Line first gtd 4%s 1961—April-Oct Gas 90% *__ ; F 1990—Jan-July First consol mtge 3%S series G 2000 Jan-July A 5s income debs Jan 1, 2020 i—Apr-Oct 2%s Y 79% First "Columbia 85 105% 93 3 Vis 1970 Mar-Sept first 5s 1965—April-Oct Ohio Division first mortgage 3Vis 103 7/a *101 80% mortgage 3%s 1986—„— 23/4s first cons gold 5s Southwestern & consol 3 % ♦87 June-Dec First (N Y) 98 94% *94% 1970—Jan-^uly 1982 First » 1986 96 102% 82 78 139% 144% ' June-Dec series E 1977—Jan-July Cincinnati Wab & Mich Div 1st 4s 1991—Jan-July First 1984 3%s Va & Georgia div first 5s stamped First * 101 June-Dec i Refunding and impt 4 Vis Cleveland 1 102% 91% General Mtge inc 4Vis ser A Jan 2015 -April First consol.mortgage 3%s series E 1964_ April-Oct 96% Ry— -—.. 1993 B 85 98% Erie Railroad Co— • 102% 93% Paso 5s ' General gold 4s 3%s mortgage 98 • 97 104% 105 June-Dec June-Dec debentures 1966 & Fuel 23/4S Cleveland 105 gtd 3%s series E debentures Service 1st 91 10 81" - 1969—_Feb-Aug Fiist mortgage 23/4S series G 1974 Feb-Aup O I T Financial Corp 25/8s 1959 : April-Oct 4s debentures 1960 Jan-July 35/8s ' Y' 18 1983 Elgin Joliet & Eastern Ry Cincinnati Union Terminal— City Ice ;/ 98 98 1963—l F 2%s series G May-Nov., Cincinnati Gas & Eiec 1st mtge 2%s 1975_i4priI-Oct First mortgage 2%s 1978 Jan-July Cities 1st mortgage 78 135 6 99% *95 143 Feb-Aup _April-Ocf Feb-Aup Mar-Sept Mar-Sept Jan-July —Apr-Oct _ 141% 67 91% *78 Jan-July 1982 171% 85 May-Noo J982 1977— 2%s 1st mortgage 3%s 1st mortgage 3%s 103% 80 80 debts 1st mortgage 2%s 1979 1st mortgage 2%s 1980 . 1961 debentures 2.35s subordinated 94 103% • Chicago & Western Indiana RR Co— 1st coll trust mtge 4%s ser A 1982 mortgage 4 78 Jan-July 1994 Chemical 3s 56 135% *87% 69% 211 405 94% 98% *103% 70% 64 583/Y 100% 91% gold 4s 1995—June-Deo _June-Deo Tunnel 4%s 1961_i——May-Nov f'r 63% 63 y4 57 Vi 102% 97 99% Detroit Tol & Ironton RR 2%s ser B 197fl-Mat'-Sept 63% 99% 25 100% 135 # Mack first lien Second gold 4s 1995— 74% 58 Vi 8 97% 169 91% 67 Va Mar-Sept 103 97% 135% 57 1999__April —Jan-July 100 100 99% 100 Mar-Sept _May-Nov 69% 2055 3 , ;—Feb-Aug 1980 O 68% 80 First 3 Vis series 69% Chicago Terre Haute & Southeastern Ry— First and refunding mtge 2%s-4%s 1994_Jan-July Chicago 100 >100 April Ry— 103 ya —May-Not) June-Deo Detroit Terminal & 1 100% 90 86% Jan . 7 94 83% •; 1 100% 100% *__ 17, *98 Income 100% 90 86 Va Western debs w— 1 —Mar-Sept 1969—: Gen 101% 1 90% Gen & ref 2%s ser N 1984 80 ' 1 debs 77% ref r"""" — *— 1958 convertible debentures conv 84 Va 97% fixed (3% mortgage &.ref mtge 2%s ser J 1985 Gen & ref 3%s ser K 1976 & 92% 78 95% 1 — 1 April 96 2044 88 Lake- Detroit Jan-July Mar-Sept income — Jan-July 86 1 98 5 . 96 Chicago Rock Island & Pacific RR— 1st mtge 2%s ser A 1980 : 4Vis Salt & 70 96 90 ' 70% 1 82 3 , June-Deo . 86'/8 A Jan ser mortgage conv inc 4 Vis Jan 1 mortgage - 75 RR— (3% A 2019—April A ser North & Second 73 1985 Western —Jan-July inc increased series B Jan debs inc Chicago 71 101% — i Mar-Sept May-Nov series A 1994 mortgage conv " *70% 103% 98 " 92% 4 Vis mortgage 4s General *70 April 100 Y 92 '1 Gen 3 Vis April 1983 4Vis inc ser A Jan 2003 Chicago Milwaukee St. Paul & Pacific RR— mortgage 98 101 95 12 79 contingent interest) 1993 Jan-July Edison 3s series H 1970 June-Dec General and refund 2%s series I 1982—May-Sepl Chicago Indianapolis & Louisville Ry—« A2nd 3%s tr Grande A Ad & justed Manhattan Income 5s first 5s Feb A 1957 1957 Mar-8ept Jan-July Jan-July Jan-July Jan-July 4 | 101 95% 98% *98% 101 % 1% 87 ' 95% • 100% 101% *75 Detroit 97 90 *77% 90% 125 coll & Rio & Income 3s A 1st mtge Denver 69% 120 98% - May 1 2042 fixed 1% contingent interest) 1993— Income mortgage series A (4%5fc= contingent interest)- 2018. 105%* 85 71 % plVa 120 Va 93% 99 . coll trust 2%s 1980 coll tr 3 Vis 1984 & First mortgage series ~~ t. RR— AGeneral mortgage inc conv ' 102 and Chicago mtge Denver 1958 ^ Mar-Sept refunding mortgage 3Vis 1985__Feb-Aug First and refunding mortgage 2%s 1970—Feb-Aup First 95% 94 95% . ._Utprll-Oct First mortgage and coll trust 3%s 1977_June-Deo First mortgage and coll trust 2%s 1979_Jan-July 103 98% 90% 99 — 98% , n May-Nov • - Delaware Power & Light 3s 1973 - 107 112 >106 123% 1 99 %' 98% Refund and impt M 3Vis series E 1996—Feb-Aup Refund and impt M 3%s series H 1973—June-Dec ' \ 118% } " May " - 93 mtge & coll tr 5s ser A 1988——May-Nor 1st mtge & coll tr 4%s ser B 1985 May-Nov Mar-Sept » Biyh Pennsylvania Division— Ry— 1992 . Low 99% 1st Chesapeake & Ohio - Jan. I Mo. .i. 1071—Jfeg-Nov 1993 Morris & Essex division 101% 99% '• Range Blnee Bm* High RR Go— Western & Lackawanna and A Income *98% ■I York First Pacific Ry Co— First Bends • Bid & Asked *— mortgage 3s 1978 First mortgage 3s series A 1979 First mortgage 3 Vis 1982 92 Y 8 :?•••• Y4YII'' y , 75 Vi __.Jan-July 1987 3s 1MB—AprU-Oef Jan-July ;—June-Dee _Feb-Aug First mortgage 3s 1984 Mar-Sept Dayton Union Ry 3%a series B 1MB June-Dec Deere & Co 2%s debentures 1968 April-Oct 3 %s debentures 1977 Jan-J*Ig Delaware &. Hudson 4s extended 1903_j—May-Nov First 91% 95 Friday's or Dayton Power & Lt first mtge 73% * 95% Week's Range D 105% " ,91% '94 Y 94% Bale Priee Low 107% 99 71 Last Period High 101 ' 90 . Interest New York Stock Exchange Y series 1 BONDS 1 Low •<:77 100 *72 * Jan-July May mortgage 4%s series B Jan 1 2020 May Central : 101% 103 mortgage 4Vis series A Jan 1 2020 AGen Jan. Ry— 4s mortgage AGen RECORD BOND JUNE ^ange Since Sold High April-Oct 1976 of Georgia 103 .—April-Oct 1965 debentures 3s debentures First 1981 Ry 4s debs 1978 3%s Co Jan-July Mar-Sepf June-Dec Feb-Aug 1965- 4s & Adirondack I) (J Central (perpetual) ENDED Friday Bonde Friday's Bid & Asked / • - WEEK Week's Range Friday v n 88 93 88 149 *87% *147 149 113% 149 Mar-Sep< Mar-Sepi Feb-Aug Aprll-Od 25 144 66 119 99% 141 119 5 *__ 143% 92 90% 99% 99 101% 99 Va 103% 99% 103% »__ 119 120% . 96% 42.% 44 81 42% 47% 24 26 46 23% 30 , 33. Y 32 The Commercial and Financial Chronicle (2672) NEW YORK STOCK RANGE Friday EXCHANGE WEEK FOR BONDS Last New York 8tock Exchange Period Sale Price 1 or Bends Friday's Bid & Asked Low Sold Jan. Low NO. High 95% 95% 95% Terminal 91 "l ^ : 97% 101% 101 '/a i"i 97% Inter Rye Central America 1st 5s B Interstate Oil Pipe Line Co— 3Wis f s debentures series A Interstate . 103 y2 149'/a 102'/a 102"% "2 1 149% *85 95 v 1st mortgage 33/»s mortgage 3s 1978—_—_ 70% 70% 71% 101 V 78 % 79 192 ;78% 83% 88% 89 38 88'% 91% _„Aprii-Oct 103% 102% 104'% 1997-.—•—...Jan-July 1907 -J-f.as.-Jan-Jul* 77% — — 97% 97% 167 '/a 98 Va -- 101'/a 104'/a 99 — 98 100% 97% — 100'/a — — • —Jan-July Fraqklin & Clear 1st .4s 1959~June-Dec Jersey Central Power & Light 93 . 98% 99 24 92 92 2 90 101 101 1 101 2%s 1976—Mar-Sept 1975 98% •" Mar-Sept ? • Kanawha & Mich 1st mtge 4s 1990 April-Oct Kansas City Power & Light 2%s 1976_—June-Dec 1st mortgage 2%s 1978 mortgage 23/4» 1980 '' 87 92% Jane-Dec, 1st City /' 92% 90 Va 92% *8 . mtge 95% —June-Dec 1961 1961 4 Vis unguaranteed 1961 —: Kings County Elec Lt & Power 6s 1997—April-Ocl Koppers Co 1st mtge 3s 1964 __April-Oc| tAKreuger & Toll 5s certificates 1959 Mar-Sept Lakefront Dock & RR 1st & ret 5s stamped *98 Va « & ref 5s stamped 1974 Feb-Aug fixed 99% 84 84 *79 90 4s series Corp— ! 95 84 97' .. 1 1 93 69 743/4 72'/a 79 79% 87 7 97 111% *109 100 96% 130 *99 103 1963 Co 3s debentures D 1976 !— Mar-Sept , 3%s debentures 1978__ *- 1— 100 »/4 101% .; ' 103 * ■)' 101 96 96 __ ■ First & refund mtge 3%s ser F 2003—April-Oct First & refund mtge 2%s ser G 2003—„April-Oct *96% First & refund mtge 3%s ser H 2003 First & refund mtge 33/«s ser I 103% Bt Louis Div 1st (R Hi 94 ^ f 2%s McKesson Mead - debentures •* Corp lirst mortgage Merritt-Chapman conv 3s & Scott subord 103 Va 90 ' 99% 62 70 *— — 96 "101% 101 Jan-July mtge 2%s 1974—May-Now first 2%s 1969 102 Minn St First Paul & & 101% 101 % A General Mfg Saulte 1967 23/4s Ste 97 85 3'4 86% "92% 97 85% 97% 91% 93% 39 Prior Hen 40-year Prior 5s 4s Texas ACum 4%s 94% A Jan A ser Jan 1971—May 1981—May 1990_ D 100 101% 102 12 »93 101'/8 103'/a- 101 1043/4 94 101 96% 86% 86% 2 61 61 % 38 84% 61 June-Dec 85 3 86% 90 61 68% 82 V* 94% A ser Jan ' - . ; ' " 96 96% " 10 95 92 ~9 92 96 98% 95% *97% 96'/a 113 113 103 99 98% *108% ref 95% 94% 96 *99 104'/2 112 118 108% 110 106 / __ __ 106% 102% s f debentures 1974. May-Kop 98% 99 98% 101 % Pacific Ry— lien 4s s f debs 1973—_May-Nop lien r * 99% *99% 100 103 . 1997 3s registered 105% Quar-Jan Quar-Jan 1997 registered Jan 105% 106 *— Aircraft 47 101 > 79% 71 102 »' , 99 2 77 109% 104 ' 2%s mortgage 92% 92% *90 94% 94% 92'/a *11 •> I 7 " 9IV2 ♦—: 101% f. 903/4 2 90% 94% 951/2 90% JX'.VA 101'/a 101 »/a 1/ 98% 98% 92% . 99 .;Y .92% *192% . Inc— subord conv Co— 1041/2 73'/a *73% -76% 101.. 101% 101 Power 110% 103% Jan-July A 2047 sec 105 7a 75% 75 Quar-Feb 2047.. first . 14 *102 Quar-Feb 2047 1 April-Ocl debs 94'/a June-Dec 1975 ' 65. 94% - 91 107 91% 98 . June-Dec 1984 1996 flrftt 92 Feb-Aug 4 Vis series B Jan 77 90 74% 3 1st mtge 4'/4s series C Jan Gas Electric & 1 2005— 91% 94 100 95% - t~2 91% 7,90 95% II - -II '. '; ■- 98% 98'/a J V. • -, ? 102 ' 102 __ -• 55% JI;:' '.56"7r;? 98 :: 101% Co— refunding 3%s series I -I960 —JuneiDec refunding 3s series J 1970—.—.June-Dec First'& refunding 3s series K 1971—1...June-Dec First & refunding 3s series L 1974——..June-Dec First & refunding 3s series M 1979—_June-Bee First & refunding 3s series N 1977—__—June-Dec First & refunding 2%6 series-P T981_^_-June-Dec First & Refunding 2%s series Q 1980 June-Dec First & refunding 3%s series R 1982 June-Dec First & refunding 3s series S 1983 June-Dec First & refunding 2%s series T 1976—..June-Dec .'First & refunding mtge 3%s ser U 1985 June-Dec 1st & ref M 3%s series W 1984J i_June-Dec & refunding & & & 3%s series M .3%s.•series ref ref Tel M 33/8s Tfel & 1986 3V88 .85% 88% .90% 183 87 debentures 1987., 3%sl debentures 96% 89 % 88 % 89% 226 '/a ser A Jan 1 2020 69% 68 3 4 69% 141 66 V'B ser B Jan 1 2030 65 64% 65% 151 62 '/a 71% 62% 61 62% 339 59 % 98 '/„ 1981 1033/4 debentures -—.---Mar-Sepl 98% "•9" 11 95 94% 94% *89% 94% 40 96 Va ' 94% - 19 ' 102% *"-97 102% 7 100 "*■' ; 100% < 97 93% ' 4 6 98% 99'/4 V 92 792 933/4 * 90% 95%.' 97 % h 98% 99% 94 93% 94% 93% 100% 100% 100% 94 T *93% 100% <> . 95% 100 Va 100% *89% 97 •.;97 97 92 100 Va 86% 931/4 89% 95 93 - / 94% 94 104'/4 100 Va 15 *89% 100 94% 100 % 99 11 100% 100% 100 % 98% QQ 104% 96%' 100% 98 *95% 100 100% 99% 93% 93% 91% 94% 99% 95% 7;, 102 100 96% 96% « 100'/a 100% 100 % 103 103 102 106 96% 96% 1—Feb-Aug — 1 96 96 y8 —May-Noo — 1991 98% — 97% 68V4 3 •—..^.-Mar-Sept 1983_ debentures 97% "97% _AprU-Ocl ...—-—April-Oct 1978— debentures 3%s 77 Vi mtge income . 95:% mtge income 4%s ^_June-Dec —__— 3%s 90% ^..June-Dec •• 97% 1985_^_June-Dec aeoentures debentures "101% 102 - 1984—i_June-Dec X 1987_ Y Z1988 ser 2%s 2%s . 3%s 1990—, May-Nov First .& Pacific 94 87 86 - * 1 • 4 ' '-69% 94 *— niortgage- 2%s 1st issues mtge — 3 *91% ..—Feb-Aug 2%s 1975 96 — 96 1974^.—^Mdr-Sepl April-Oct 3"b mortgage 2%« mortgage 2V8s 1*980! 1st , 100'/a 85 90 77% 86 "86% Gen 5s 4y4s income coll 43/4s debentures trust Jan (John* & Co Morris & Essex first Mountain 3Vis States 3s 1966 debentures & Tel 2%s Chattanooga & St 1986 Tea Co 3Vis debentures debentures conv 98% 1967 May-Not May-Nop April-Ocl ..Mar-Sept see page 33. 5s series 4%s mortgage 3%s series 1984 Jan-July F-1985 .Jan-July I960.—April-Oct AIncome 4s April 1990 —April Pere Marquette Ry 3%s series D 1980——Mar-Sept Philadelphia Baltimore & Wash RR Co—' 95% 91 Va 973/4 General 5s 96% 101% General gold 99% 98 102 99% 102 96 101 101% *— 96% 90 Philadelphia ' , 105% 102% 105% 255 102% 102% 102% 26 94 , series E 101 Va 110% 102 104%-- - First & 94 1 93% 97% 95% 5 94 95% ,, series 4%s Electric B 104 C Co— refunding 2%s & . . ' 1st A ref mtge 3 Vis 1985_ t 104% 100 100% 100% 99% 100 %' 100 99 : 11 99% 93% 99% 38 107'/a 110'/a 14 29 81% 13 98 % 1 96% ♦108% *__ 106 Va 102% 103% 80 % ♦67 103- 83 33 98% 80% —Jan-July 1977- 104 % 104% 105% —Feb-Aug 1974 series 1971 refunding 2%s 1967 V First & refunding 2%s 1974— First & refunding 2%s 1981 , First & refunding 2%s 1978— First & refunding 3 Vis 1982 : 1st & ref mtgte 3 %s 1983 < First 96 % 95% l_April-Oct — mortgage 99% 96 % " 94% 104 104% 104 __June-Dec 1981 D Feb-Aug —June-Dec General 89% * 1960 4%s 1965 A Peoria & Eastern first 4s external *94% 96 % 93% ^.April-Ocl 1968— B Genera) - *97% — fund series 4%s series 90 June-Dec 1961 4%s General 'General , 1982 footnotes 87% 88% *99% 1980 4>/2s series B 3s debentures 1974 For 68'/2 *96% 99 1964—June-Dee. 3%s debentures sinking General • 99 63 June-Dec England Tel <fc Tel Co— guaranteed 98 18 June-Dec debs Distillers Prods 3%s s f debs 1974—ApriZ-Oct Steel Corp 1st 3 Vis 1982 —May-Nov First ~6 64 May-Nov National National 98 Feb-Aug 1970—"June-Dec 1976 National Supply 234s Consolidated 97% 63% Oil Pennsylvania RR— 75 Louis— 1970 debentures 69 95 100 r Pacific Western Pennsylvania Power & Light 3s 1975 ; v mortgage 3s series B National Dairy Products 23/4s debentures 1986 7 85 98 —June-Dec April-Oct First 3s —Feb-Aug 1958—Maj/-Nov 70 % 69 "93 1978 N 3Vis 99% 100 Mar-Sepf 1991 B gtd 3Vis 2000 Tel debentures Nashville 2045. Mar-Sept Monongahela Ry 3Vis series Morrell 1 1976 Mohawk & Malone first gtd 4s 3s , 103 96% Gen New *■ i 101 100 % 101 . 95 100 *100% 102 Jan-July Jan-July ....Jan-July 1967—.April-Oct 1978.- 1st Natl 92 99 97% 1st 1962 1962— Pacifie RR Co— Reorganization " 99 99 Va *— *100 __Jan-July April-Ocl 1967 first 4s A B series adjustment 5s Missouri 101 93% 99'% First RR— series series lien 94% 93 99'% Pacific Marie- mortgage 4s inc Missouri-Kansas-Texas • ~1 98 *93% 102% 86 „Mar-Sept mortgage 4 Vis inc series Missouri Kansas & 98 48 88 % 90% 102% ♦— * Mar-Sept mortgage 3%s 1969 3%s sinking fund debentures Mining 98 61% 42% ■'* 100 June-Dec 1975 First Minnesota *90 73 55% 21 t 101 — *— —Mar-Sept 1966 100% 103 *63 %■ mortgage 23/4s 1980 .Feb-Aug Michigan Bell Telephone Co 3'/aS 1988—.April-Ocl Michigan Central RR 4 Vis series C 1979—-Jan-July Michigan Cons Gas first mtge 3 Vis 1969—Mar-Sept mortgage 46% *„ 1979'...^.-—Jwne-Dec 1980—. May-Nov First mortgage-3%s 1982— —.^-Mnr-Sept r. 1st ifitge 3'%«" 1085__^u_lr._vr-^l-—Jtt«e-Dec /Oregon-Washington RR 3s series A 1960—April-Ocl First First 69% 61% 46% First niortgagd" 3s Corp— debs Metropolitan Edison 75% . May-Nop First *99% 100 _Feb-Aug Mar-Sept 1973 98% . 4Vis 4% 95% 74 5 75 *59% 1 First" mortgage - 1972—Jan'July 1978. 1980 Robbins 3Vis debs & *73 46% *104% & i.Oklahoma Gas & Electric debenture^ debentures debentures 7% 90% 10 1973 Ohlci'-Edteon ^ *99 Feb-Aus • RR Dept Stores 2%s f . t : 4% 3 26 92% i ; .74 ; . ' 3%s First 103 s '74 - 5'/8s 1978 v__Feb-Aug Manati Sugar 4s-sinking fund Feb 1 1057—May-No© Manila RR (Southern Lines 1 4s l959..;_—May-Nov 3 Vis s 74 91% , 1974_Mar-Sepl 3%s debentures t *— 3%s 91% 00% 94 1979_May-Nop 1972—_May-Nov May 4% ,.73.:r^3%'-;': . 99% 9t> 94 1984— & Co Central 69 99 87 99% 97% 23/4S mtge M Macy Maine 7 103% 100 1982-._w^-__-_._--__^__-__.Feb-Aug 3'/«s mtge 100% 1st second 3V»s mtge .73% 52 : Gas 4s , 2003_._April-Oot gold 3s 1980 ..-Mar-Sept Louisville Gas & Elec 1st 84 86 86 65 94% 139 94% '; 1974_Mar-Sept Natural Northrop 96% 100 96 % "99 April-Oct •1 !'j-" t T 153 53 *94 Jan-July Northwestern Bell Telephone 2%s — 52 1974_Feb-Aug First mortgage 2%s 1975 —April-Ocl First. mortgage 3s 1978 Jan-July First mortgage 2%s 1979. ; Feb-Auy First mortgage 3'/4s 1982 June-Dec First mortgage 3%s 1984_^—1 April-Ocl (Wisconsin) first mortgage 2%s.1911...April-Oct First mortgage 3s 1979 Mar-Sepl 111 101% *100% 100% April-Oct _ 52% 5s (Minnesota) . 97% *96 Va April-Oct . -V- - :;; ' Coll trust 4s 1984—, Louisville & Nashville RR— - ...June-Dec 1983 general Northern'States 102V& 112 213 102% 104% 3Vz8 Refunding & improve 4V2S » 104% 95 debentures 3s 100 1 ' - refunding 4%s series A & General 110% •' 100 89% 91 f 88 89% 6 • 93% 81 3%s ' 83'/a 12 7 3 Va 92% • s Prior 23 70 *121 Lorillard debentures ' 94 80% 84 • 67% 1 ' 3%s < 74% 72% 73% 84". 90 97 100'/a 91 -I-. " '86 -67% 67% 92 100 92% . 93% •80 Feb-Aug Western Ry first gold 4s 1996—April-Ocl Central Northern 74% 95 76 74 1976_June-Dec ser 3s 77 2 92 69 .May ...May-Nov Long Island Lighting Co 3%s (P> 1955—■ mortgage Northern 2 93% • April-Ocl Norfolk & • | 93 * 100 97 *— :. 98% 102% "89 *95 April-Ocl 92 j 95 92 95 98 • mortgage 2%s 1980 86% 74 i 73% < 1952—.June-Dec A - • General * 1980 series : mortgage 3%s 1983 92 67 76% *75 *71 ' 7s Port. Chester— & Niagara Mohawk Power Corp— General mortgage 2%s 1980 General 1962—__May-JVop - debentures Electric 4 89% 11 89 2 ^ ' 95 6 State 79 86 90 84 .May contingent interest 2003 May Lehigh Valley Terminal Ry 5s ext 1979—April-Oct Lexington & Eastern Ry first 5s 1965—...April-Oct 4 Y 84 933/4 contingent interest 2003, 4Vis contingent interest 2003 -lALombard 102 3 Va 26 84 *89% 4s 89% 89% 71'/a 75% 73 f, 63 % -5 ' General *80% 5s Aircraft 98 Va 1 33/4 3% > — — — 98% *97 _May-Nov E 89% * ' . first mtge 2%s 1975—Mar-Sept ?■ Y & Putnam first cousol gtd 4s 1993—April-Ocl 4s F 98% Term 1st 100 99 — 150 ,, Electric & Gas 2%s 1977— Jau-July * Susquehanna & Western RR— ^ mtge 4s 1994. ±._Jun-July 1st & cons mtge ser A 2004 Jan-July AGeneral mortgage 4%s series A 2019—Jan-July N Y Telephone 2% series D 1982 ...Jan-July Refunding mortgage 3%s series E 1978—Feb-Aug u Refunding mortgage 3s series F 1981 Jan-July Refunding mortgage 3s series H 1989—April-Oc! N 98 99% i May-Nov general River Northern ASeries subord 97% — ft ASeries 89' 98% > ^ RR— Power & Light Y -NY 64 >/4 May-Nov 5s 3.75s N 95% 59 2003 4Vis fixed interest Series C Lockheed N 110'/a 39 *145 3% 101% 107 Interest 2003— Series B Miami 95'/a 98 — Jan-July Series A 4s fixed Interest 2003 D 97% '99 *97% —Feb-Aug Feb-Aug , Lehigh Valley Harbor Term Ry— 1st mortgage 5s extended to 1984 Lehigh Valley Railway Co (N Y)— 1st mortgage 4Vis extended to 1974 Lehigh Valley RR gen consol Mtge bds— Little : 110 *34 1970—April-Ocl 1964_— 1st 95 89 - 73% 766 : "•95 89 1973.-——___Jau-July (AN Y Ontario & West ref 4s June 1992—Mar-Sept — — Hartford & Haven General Lehigh Coal & Navigation 3Vis A Lehigh Valley Coal Co— ~2 ' 69' , mtge 4%s series A 1st Terminal— 1st mtge sink fund 3% ser A 1968 June-Dec Lake 8hore & Mich South gold 3'/2s 1997—June-Dec 3Vis registered 1997 —June-Dec A8eries 963/4 *107 Jan-July Jan-July Jan-July ! . *65 79 65%. - 69 67% ' , City Terminal Ry 23/48 1974—-April-Ocl Kentucky Central 1st mtge 4s 1987 —Jan-July Kentucky & Indiana Terminal 4'/2s 1961__Jan-July Plain 6T - " ' 67 *__ &' refunding AGeneral 4s « Kansas Stamped New Y Harlem Southern Ry Co— 3'/»s series C 1984 - 82% 12% V/1 66% 66%- May-No? 1973 B mtge:4s ser A 2007—.Jan-July AGeneral mtge conv inc 4%s series A 2022—May i •87 series First June-Dec 1st Kansas 76 *76 77% r- *74 - Shore 29 V N 943/a 103 i K > • • debs 57 77% 100% v Manufacturing 3%s registered collateral-gold 3%s 76%' . *99 5 —Jan-July Joy mortgage 3%s . 97% — 3'%s , 4%s Jamestown 103% 104 70% Y Central & Hudson River RR— 1998—^--Feb-AUg 3%S; registered 1998—^———•—^_._Feb-Aug Michigan Cent collateral gold 3Vis 1998_Feb-Ang 3%s' registered 1998— Feb-Aug New York Cfclcago & St Louis— Refunding mortgage 3J/4s series E 1980—June-Ded* First mortgage 3s series F 1986 --April-Oot 4H/sfd income debentures 1989—^—-^—June-Dec N Y Connecting RR 27/8s series B 1975—_Aprll-Ocl " "NY & Harlem gold 3%s 2000——' May-Nov Mortgage 4s. series A. 2043 Jan-July Mortgage 4s series B 2043 Jan-July "NY Lack & West 4s series A 1973.——__May-Nor . 1980— 94'/a 78% Lake Power Co— 1st 90. 94% '88% General "187 87 149% 1972—May-Nov * ' i Mar-Sept 1977 ' - _.April-Od N 101% 100 149'/a 149% —Jan-July 1977— High 100 % 90 * —Feb-Aug Refunding & impt 5s series C 2013 Collateral trust 6s 1980—. L • 98% 97 3 99% 99 mortgage-3.20s serteh I 1982 ...Mar-Sept Minerals & Chemidal Corp— debs ' . *99% May-Nop / 1 97% 90 98 Jan. Low 97% *93 No. Refunding & impt 4%s series A 2013-_.April-Oct Ry Co— subord 1977-i 3%s York Central RR Co— r Consolidated 4s series A 1998. lu5 International conv Orleans Power & Terminal Range Since Sold ' 97% *99% Refunding and imp 2'/a8 series G 1986—Jime-Dec Inland 8teel Co-3 Vis debs 1972 —...Mar-Sept 3.658 Jersey Bell Telephone Bonds Hioh *85 1988——Jan-July 1986—Feb-Aug Light 3s 1974 __Mar-Sepl v 3 Vis Jersey New • 96% Friday's *97" Jersey Junction RR gtd first 4s New 100 101% -r. or Bid Si Asked ... New 100% — ft 97% Ry 4s series A 1970——Jan-July 6s 1948-—*— Feb-Auy Union Sale Frlee Low 953/, 95 101% ; Steer Corp Indianapolis Last Period High 101 » ...Jan-July 1980 debentures f fAIlseder 1st 91% mortgage 4%s-3%s ser A » Illinois *90% Week's SsBgi Friday Interest New — 2Vz* »' , New York Stock Exchange 1 RR— 1979—-May-Nop Consol mortgage 5%8-3%s series B 1979-May-Nop Consol mortgage 33/48 series C 1974 ;_May-Nov Consol mortgage 3%s series F 1984—„Jan-July 1st mtge 3 %s ser G 1980 -—Feb-Auy let mtge 3%s ser H 1989 Mar-Sept Consol * BONDS New 2%s series A 1981—Jan-July First mortgage 36 series B 1978—, June-Dec Illinois Bell Telephone Central 1 Sinee Range I Illinois RECORD BOND JUKE ENDED Week's Kent* Interest Monday, June 4, 1956 ... 105 y2 99 99 105 »/a 80% 86 98 99'/a 69 "" 67 96% . 95 108% __ 103% 77 101% 108% 10?% 105'/2 ' ^.June-Dec May-Noc ^_May-Nov June-Dec ;__Feb-Aug _jan-July June-Dec —April-Oct 94% 94% 94% 10 93% 97% 97'/a 96% 97% 14 94% 98% 92 92 2 90% 963/4 *89% 91% 89 34 99% 99% 98 95% 99% . 94 95% 1033/4 98% 98% 101 Va 101 y4 97 Va 101 , Number'5539 Volume 183 The Commercial and Financial Chronicle . .. . (2673) NEW YORK STOCK » BONDS New York Stock a •. 4, „ Friday : Interest , Exchange Sale Price Phillips Petroleum 294s debentures 1964_.,_Feb-Aug Plllsbury Mills Inc 3%s s f debs 1972 June-Dec 97 V4 Jan. 1 No. 97'/4 •97*4 RECORD * ., Range Since Sold High 96% Plttsbgh Bessemer & Lake E*rie 2%s 1996 June-Dec Pittsburgn Cincinnati Chic & St Louis Ry—. . Bonds Bid & Asked Low BOND ,e' Week's Range Friday Friday's or EXCHANGE RANGE FOR WEEK ENDED JUNE I e Week's Range Last Period i Low 20 98 Last Period New York Stock Exchange Sale Priee or Stauffer 100% 89 Chemical Sunray 90'/2 Swift Oil Corp. 2%s & Co 2%s debs 3%s 1973— debentures debentures Mar-Sept Jan-July 1966 197.2 Bonds Friday's Bid & Asked Low 99 97'A *88 Interest BONDS High 96 33 Range Sine* Sold Jan. No. — . 1 Low *93% , 99 *— — 94% - High 104% High 104% 93'/a * — 96'/a 93 94% 97 Mi-Jan-July 99 ' 2%s Consolidated guaranteed 4s ser G 1957 May-How Consolidated guaranteed 4s ser H 1960 Feb-Aug Consolidated guaranteed 4%s ser I 1963__Feb-Aiip 100% *10294 105 104 '/a April-Oct General mortgage 3%s series E 1975-.t_..April-Ocf 105 871/4 Plttsb Coke & Ghem 1st mtge 3a/aS 1964__ .May-No®1 Pittsburgh Consolidation Coal 3%s 1965 Jan-July Pittsburgh Plate Glass 3s debs 1967 ^April- Oct Pittsburgh & West Virginia Ry Co— t 1st mtge 3%s ' Pittsburgh First series A Youngstown general Plantation 3%s \ • C Line 294s debentuies First mortgage Public Service ' v 98»/2 r 394s 1st ■ *— __ 98 Va 10£ " ■ .. 108 - 102 *89 96 89 Co— 98'/4 __ 1972___ 100% —■' . 100% 102'/2 138% 208 *— . 104'/a *90'/a " * Apr-Ocf 99% p *97'/a __ 101 ^ 101 96 101 i 99 104'A 103'A 1964 *95% —Jan-July 104% V 3%s 98 95% 1st 1980 conv June-Dec 109 108'A 110 Reading Co first & ref 394s series D 1995—May-Nov Reynolds (R J) Tobacco 3s debs 1973——April-Ocf Rheem Mfg Co 3%s debs 1975 *80'A 96'/a' '• 97'/a 97% 108'A 82% *96 Feb-Aup 81% 1946 -—Jan-July *175'A — Jan-July 154% — 175% -- mtge §ADirect 7s mtge 8 AConsol AConsol 6s Gas May-No® 1953— Electric & *151 .Aprii-Oct ; - 1955— 6s *151 : 175'/a mtge 186 156% 147% 155% 148 156'A mortgage 4'As series D 1977 Mar-Sepf *„ General mortgage 3'As series J Mar-Sept *96'A 101'A 1969 f Baguenay Bt fund 2%s debentuies debentures Steel Works debs series Adirond'k & gold 6s Bt Louis-San Francisco 1st mortgage ASecond 1st 1973 • inc 4s 4'As B ser A ser 3'As Paul Duluth & first Bt Paul Union Depot 1 V Bcioto Scott & New Paper Seaboard •■ 1st A- 1989 8%s 3s RR (Jos E) Union 108 1974 Oil North & 1966 RR 114 100% 107/ —June-Dec 109 548 - 100'A 92 7 93J 93'A 99%' 98% ~6 93% 97 3" 98'A subord 90 -92 146'A 141 147'/a 12? 68 *96'/a — 102 debentures 92'A '• 100% *—" 4 105% 101 99% 104'A 103'A 20 99 103'/a 105% 104 104% 104% ldfe'A 90 103% 90% . 897/b *90 — *165 90 163 — *146 " 168 148% 163 'A 145 145 143 *145% 148% 161 162 162 162 June-Dec 143 *161% 1951—June-Dec June-Dec 1969 B j „ *145% — ' 82'/8 1 138 144'A 26 119 166'/4 *__ 102'A 100% 100% *91% 92% 90% 95'A *— 98% 98% '98% 82% .144% June-Dec 1957—May-Nov 81%. 85'/2 . . ref 2%s mtge 3'As mtge consolidated 5s 1980 H ser 5s Mar-Sepf *98 ~ — 1958 100'A *107% Jan-July * "y— 91% 102 100 107% 91% 107% 100 % — *100% 101 % April-Oct 103% 98 — *__ April-Oct 2003 y ; I 19.81—June-Dec ser 1982 J ser — . 1979—June-Dec 103 ' — *101'A 96 91% - Penn Power Shore first 3%s series I ' v— - j- 97'/a 94 ' 99% 91% 88 % 93% Westinghouse *92 96% 92% 94'A 90% 98% 65 67% 96 97 -• " 68 *65 % *" 12 — 100 % 101% - 99% 1 -102% 102% 102'A 14 68% 67% -y — 68% 7 67% ■ 103% 97 __ 99% 2361-! *96% 98% *97 1966——Jan-July *88% 87 92 101 4s registered 87 83% 93 *87 — Western Maryland Ry 93'A y •• guaranteed 2361—Jan-July ———Jan-July 1st 4s ser A 1060— April-Ocf lst mortgage 3%s series' C 1970 —Apr-Ocf Western Pacific RR Go 3%s ser A 1981— -Jan-July 4s 85% 85% 86% *92% ■*— — — - *83% ■ mortgage 3s guaranteed 1979—-May-Nov Electric 3%s 1974--_^..-———May-No® Pfcnn West 98% 101% 100 —■ 68'A 13 *101% 101% 98 99% 103% 101 104'/a 67 71% 66% 69% 100 *101% 101% 103 % 99% Westphalia United Elec Power Corp^— gtd 5s 1963 1985 debentures 2%s debentures 1987 V Southern 3'As California -—Jan-July • Edison Co—; debentures convertible 1970 Southern Pacific First 4'As Co— 113 —Jan-July 4'/2s Gold -i Gold 4'As 1969-^2 1981: 112% 113% 112 82 ---—-Jan-July 112% 119% 83 '/a 81 —— 125% 126% 1973—June-Dec 103'/a 122 'A 52 First mortgage 3%s 129 104 ,-2 103 .102% 2 Wilson 39 ' 103 106% 22 102'/, 106'A Wisconsin 100 100% * — . '1st *85%". 86% 85% 81 95 5 124% 124% Joint • 3%s Southwestern 3'As 124 Tel ASpokane Standard first Oil (Indiana) Standard OH (N 2%s gold 5s 3V8S mortgage Wisconsin 95 Power Y -y Yonkers 95 * 97% 24 99% 99'A 15 105% 106% __ 106 7 99% 9 99% *101% 1 95 101% 99 101 105% 112 98 100% 101% — 102'/a Mar-Sept Jan-July Electric Light & ': 81 91 78'/a ' . 83 74 91 78 ." - - 78 77% — May 2029 1976——June-Dec 3'As 1971 Public Service • 120% 93 'A *89 ■ Jan-July 2%s 1979— 2%s 132 cohv 89% .'May-Nov *— 1967— 3 88% 13 92 ^ 9§'/a 100 101 •" Power 2%s 1976-Jan-July 93% 98 99% 134 1971—May-Nov 95% 5 95 91 9 90% 283 114% 145% 100 90 90 91 7 88% in delivery the 94% 94% 7 93% included sale year's range, in the not n included in the year's range, d Ex-interest, e Odd-lot sale not Under-the-rule sale not Included In the year's range, r Cash sal* year's range, y Ex-coupon. gNegotiability impaired by maturity. as being in bankruptcy, receivership, or reorganized under Section 77 M the Bankruptcy Act, or securities assumed by such companies. •Friday's bid and asked prices; no sales being transacted during current week. A Bonds selling flat. tCompanies reported , 92% 94'A Jan-July not 97% 126% 134 90% Included * ■ 95%' June-Dec 1982—-April-Ocf 1974 90 100 90% 2013—1—April 4'/as conv Deferred a April-Ocf 1985 debentures 2%s J) debentures debs z Products Standard First —May-No® 2%s 1983 Internal Coil ' 117 < 107 ,90 RR— 1977— Bell debentures 85% 94'A 6 — Electric 102 91% Co— RR 4'As inc ser A Jan mtge Wisconsin 87% 81 1 95 r — 81 Central mtge 4s series A. 2004 Gen — Co 100 102 91% April-Oct .—Jan-July first 104 . . 102% 103% *100% . & mortgage 3s 1958 Winston-Salem S B first 4s 1960 107% % 100% • - May -Nov 102% * Northeastern 91 —Jan-July 1975 debs conv *„ 102 Mar-Sepf series D 1967 64 - New Orleans & 1971 103'A 103 Mar-Sept 1977 ' May 2%s -Jan-July Wheeling & 1992—Mar-Sepf Wheeling Steel 3%s series C 1970 -Mar-Sept '3%s A Corp 6s ser A 1953 Lake Erie RR 2%s A > (.Oregon Lines) Electric § A 1st mortgage 2——2—May-Nov May-Nov Sau Fran Term 1st mtge 3%s ser A '75— June-Dec i Southern Pacific RR Co— • First Mortgage 2 %s. series E 1986 ^--Jan-July First mortgage 2%s series F 1996—„ Jan-July / First mortgage 2'As series G 1961——Jan-July Southern Ry first consol gold 5s 1994——Jan-July Memphis Div first gold 5s 1996 —Jan-July \ — 1984. debentures income 5s • • Southern Indiana Ry 2%s 1994 Southern Natural Gas Co 4'As conv ' - 107% 104% -- 96% AMERICAN STOCK EXCHANGE WEEKLY AND RECORD YEARLY the In following extensive list we furnish a complete report of the transactions on the American Stock Exchange for the week beginning Monday, May 28, 1956, and ending Friday, June 1. It is compiled by the reports of the American Stock Exchange itself and is intended to include every security whether stock or bond in which any dealings have occurred during the current year. ■■■'.,• RANGE *rmaj Last STOCKS American Stock Sale Price Exchange Week's FOR WEEK ENDED JUNE 1 sale* Week* sale* Range for Week of Prices Shares Friday 1 Range for Week of Prices Shares - 1 Last STOCKS Sale Price American Stock Exchange Range Since Jan. 1 Range Since Jan. 1 ' Par •Acme Acme Aluminum Wire Adams Aero Co Alloys. 1 Inc 1 Supply Manufacturing 9 1 2% Agnew Surpass Shoe Stores Ainsworth Manufacturing Air Associates Inc Air common Way Industries Inc Alrfleets (N J) footnotes --1 see 1,700 28% 200 9 '/a 200 9 . 2% Apr 28'/a May 8 Jan page 37.-' 7% — 7% Apr AJax Feb Alabama Gas 10% Mar Alabama Great Power 4.20% 31 Petroleums Southern 2% Jan Alabama Apr 8% Jan Alaska 3,000 6 May 10'A Jan 11% 2,700 9 Jan 13'A Mar Algemene Kunstzljde N V— Amer dep rets Amer shares 6 % Mar 8 Apr 26% May Apr 7% ; 7% 25 ■ 900 10,400 23'A Feb 3% Airlines All American . Alleghany 35 % 50 preferred— __100 Inc Engineering Co Corp lit 2 Ltd Corp 2,200' 7% Low' Par 50c 6% 10% 24 .» High 2% ■ 6 11'/a 6'/a * —3 Inc For Loir 7% •„ —5 —1 Hluh 6% 28% 10 common Hat Stores Low 7% warrants V, .^4 ' - mtge West 163 • 88 .. . —-Feb-Aup 23As , 102 100 «• ' Jan-July 1951—-June-Dec ref and & General " 94%, 96% *91% 98'A '■ mortgage & Refund 3%s West 92 105% 96% 90% 4s income series A Jan 1981 April income 4%s series B Jan 1991—-April mortgage 3%s series B 1971 Feb-Nov Walworth Co conv debentures 3'As 1976—.May-Nov Warren RR first ref gtd gold 3%s 2000—Feb-4uy Washington Terminal 2%s series A 1970-—Feb-Aug Westchester Lighting gen mtge-3'As 1967—Jan-July 94% 100'A __ 98% *93'A - — 93 / 96% 84'A 88'A 105'A • refund mtge 2%s ser G Gen 112% —Mar-Sept ' ' „ ' V Wabash RR Co— 997/a 93% 1971-—April-Oct 117'A 100% 96 100% 97% 91%'. 103% 95% 101 v; Gen mtge *92 *__ — refund mtge 2%s ser E 1975—Mar-Sept refund mtge 3s series F 1978—Mar-Sept First . — First 1982—-J.—April-Oct f debs debentures ' Virginian Ry Ss'series B 1995—. —May-Nov First lien and ref mtge 3'As ser C 1973—April-Ocf 108 100'A C. 2 751 *97% 103 Jan-July Virginia & Southwest first gtd 101% ♦105 — 101% 100 ^ —J an-July 1947_: A 1st 1 .-109-110% ■ 92% 91% Apr-Ocf 1947 series 1st 5 *98 - 94'A __ April-Oct '■ April-Oct Southern Bell Telephone & Telegraph Co— 3s debentures 1979;. Jan-July ^ . •: 97 100% 97% 110'A ——May-Nov —-Mar-SeptJune-Dec — 8 2'As Ala •— 108 •„ Corp 3'As conv 1983-—-—--+Jan-July Bkeily Oil 2'As debeutures 1965 —iJttri-July Boccny-Vacuum Oil ?%s 1976_ — June-Dec South — - 100 — First and 101 88% 20 100% 100% ' — Sinclair Oil 1 •, 91 A108 - - April-Oct — ;jASiemens & Halske 6'As 1951 ' *100 1989_Pan-july 1968_Jit7w-Dec . & Sons 2%s debentures .Shell 93 7 95 \ i Co—*- 3s series B 1980 f debentures 19772 s 97 90% - ■ . — conv Line - - May-Nov 3%s B 1971— Service Pipe Line 3.20s s gold 4s cons mtge Seagram 91 England 1st gtd 4s 1989—May-No® debentures 1971 Mar-Sept 3s Air 96'A - •* 100 First and 89% 92 Ry—* Second 4s inc bond certificates Nov rSt 87 86% 96 96% Corp of America— conv — — *^_ . *91 91 Mar-Sep certificates bond 4s Jan-July Jan 2022-^—May 1980 Bt Louis-Southwestern First Ry Co— 1997 ;T,. __ 95'A May-Nov ; . First and *90'/a — April-Oct 4s series A mtge mtge Mar-Sept gold 5s 1996_Jan-July 103"% .99% 98'A ' 102 First 1971 1st ','■1 ■ 92% *__ May -Nov 1976— gtd 4s series Virginia Electric & Power Co— 1996— 97 Corp— A assented Vanadium 99% : Power 3s series A Lawrence Second ■ 100 95 *91'A April-Ocf Vandalia RR consol s 97% 3 '*97% — Feb-Aug 1972 ■' ' . 95% debs 6%s sinking fund mtge series C 3'As assented series C 1951 103 -- 33 — -100% 100% * ' Jan-July Participating ctfs 4%s 1968 Corp— General 85% 25'A 97% *95% ' 1 \.—3&t\-July coll & Rubber 6'As 147% WV: 73% 293 101% 97% y — — 95% '. 85 v 84 28% *101 — J 83% 93 " 1 • Mar-Sept 6%s sinking fund mtge series A 3'As assented series A 1951 186 — *151 1977 Gas 3'As __ 10 ■' 2 6'/a :" 1970—_June-Deb sinking — *181 —May-Nov Feb-Aup 1952 6s mtge mtge Rochester 1950 ' 100 * — 2%s debentures 1967 Rhine-Westphalia Elec Power Corp— § A Direct 104% *93 v 83% 28'A; May-Nov 2%s debs 1975— debentures United 7s sinking fund mortgage 3'As assented 1946 debs s U S Rheinelbe Union— ! 100 % "101% 101% . June-Dec 3%s 86 99% 100 97% 10 98 % 135% \ —.*> —May-Nov 1980 4%s 117% 95% 97'/a : trust 3'As 1972 1st mtge & coll trust 3%s 1975 486 * 1971^—May-Nov — Corp 2%s 1970—.^ 1st mtge & coll trust 3%s 1971 R Radio Corp of America 3'/as i — — 100% ~ — 95 134 ,,! trust 2%s 1975_April-Oct mtge 3'As 1982: conv United Quaker Oats 294s debentures 99% 95 96 — Q 102 . 96% 98 % 100% . 95 98 *95 Mar-Sept ' 103% ,103% 107 Union "Pacific RR— "" " " ' ; ' * * ' 2%s. debentures 1976—— 93% Feb-Aug 't *__ 86 Refunding mortgage 2'/2s series C 1991—MajvSept • ■ Union Tank Car 4'As s f debs 1973 *103% 103% April-Oct United Biscuit Co of America 2%s 1966—April-Oct *94% 96 '/a •' — y. ' > -- impt 3%s I960—June-Dec debs 1961 Mar-Sept 2%s tr Union Oil of California 3s 90'A — *9894 " ■ & coll mtge 1st 138% 205 __ 1st ' 1983—April-Oct 3%s debentures 1975_ ' . • *134 — April-Oct \ • ,-*95% „ ' 1985— First, mortgage and coll 3s debentures 1968/ i 98 6 • June-Dec - refunding mortgage 3y4S 98'/a *—" 100'/8 '130 . debentures Co— Union Electric Co of Missouri 3%s / . Oil 114'A 90 36 u —- - May-No® f o Associated Tol & Ohio Cent ref and 94 —May-Nov 1984__ 1970—Aprif-Cct 3%s'series C 1990—April-Oct • - Tri-Continental Corp 2%s . . M 109 — 92 99% 100% ' filrst gold 100 "100'/2 101'/a Jan-July Pacific Water 3'As Feb-Aup — 99% < A Third Ave Ry first refunding 4s 1960—_Jdii-July A Adjustment income 5s Jan 1960 April-Oct 104% 100 April-Oct ■. 1977 and refund & ' *109 *90% — , 5s 2000—June-Dec General and fefund M 37As ser E 1985—Jan-July Texas Pacifie-Mfssouri Pacific— V Term RR of New Crlearfs 3%s 1974——June-Dec " Mar-Sep* 1963-1 debentures and First Texas Tide and'refunding mortgage 8s 2037—June-Dec First and refunding mortgage 3s 1972—May-Nov First and refunding mortgage 2%s. 1979_June-Dec ?v 7 98 •' First and refund M 3'AS sefies B 93 101; 101 95 — Corp 3s debentures 196S-——,—May-Nov Texas & Nett Orleans RR— . First < 98 Vi *96 % First and refunding mortgage 3y4S.1968_i.Jan-July First and refunding mortgage 5s 2037—-Jan-July f/ 100 ~l June-Dec 1977 1986 2%s 2 V Texas " . Feb-Aug% 1970 Electric & Gas 3s debentures — 102% 87 108% 110 —June-Dec Potomac Elec Power 1st mtge 3V4s First mortgage 3s 1983 •' Ry— ; 1974 4V2S series D Pipe f s 1962 B 5s series 87 V4 96% ' 98 '/a Mar-Septv Ashtabula & series 5s First general First general v 1984 87'A 96%" 102% 1 105 *100% 96V2 T Terminal RR Assn of St Louis— • Refund ana impt M 4s series C 2019 Jan-Juif Refund and impt 2%» series D 1985r——Aprtl-Ocl 106 6 -IO41/2 103 /General mortgage 5s series B 1975-j 4 106 General mortgage 5s series A 1970l__June-Dec , May-No® — *„ Consolidated guaranteed 4 Vis ser J 1964_Map-Nov Pittsburgh Cine Chicago & St Louis RR— - 106 % 1973 100% 105 debentures 1 5% 33% 35'A 6,400 % 172 98 • 4% - 99 5% % 37% 38 10 162 400 98 1,300 200 High Feb 33'A May 3,100 38 IV __10o !i 172 99 Low High % " Jan Apr 4% May 38 May 7 7 7% 800 7 May 6% 5% 6% 19,400 5 Jan 182 Apr Jan May 103% Feb 6% Jan 44% Jan 9% Jan 7% May Commercialgnd Financial Chronicle The 34 Monday, June 4, 1956 ... (2674) exchange american stock STOCKS Sale Pries latftw Stsek KzekUfi - « 1 4% 2,800 6%% Pictures Corp 4% 5,500 10% 600 convertible Allied Control Co Inc Allied Internat'l Allied Products New Aluminum Co Ambrook American Beverage American Book Meter Co l Natural Gas Co 6% Seal-Kap 43% May 3/8 1,900 1 Jan 2 25 61 Jan 71 Apr 12% 1,700 29% 31 1,600 25% 28% 293/4 1,200 27% Jan 33 % May 30% 31% 400 27 % Mar 31 3/b 10% 13,200 1,000 8% Feb 33% 10% 34% 34% 34% 25 34% 400 15% 15% 353/4 Feb Apr Jun 41 Jan 33 Feb 36% Jan 14% Feb 16% Apr Jan Feb 33% 4% 4% 4% 1,000 Feb tZ 143/s 13% 14% 22,200 133/8 Mar 16% S 22% 22% 22% 100 19% Mar 23% May * Writing Paper m 43/s 0% 8% 10 2,500 7% May 5% 53/4 6 2,600 2% 2% 3 11,300 15% 16 800 13% Feb 16% May 143/4 143/4 100 13 Jan 17 common i Company i»)wk a ~ Mines Ltd Anchor Post Products . Anglo Amer Exploration Ltd _4.7i 4% 5% Jun 10 7% Mar Jan 318 23/4 May Apr Apr Anglp-Lautaro Nitrate Corp— "A" 1.4$ 123/4 i 4% 8% Angostura-Wupperman Apex-Electric Appalachian Elec Power Dfd—100 Arkansas Fuel Oil Corp Arkansas Louisiana Oas Co 14% May Jan 7,200 xl4% 1,100 8% 300 105%" Xl05%xl05% Co333333l Manufacturing 10% 12% 140 102 Apr 29% 4,200 28 May 18% 3,400 18% 12% X4% 8% g 293/8 28 g 18% 18% Jan 4% Feb 8% May 10% Feb 4 Jan 110 34% 20% Jan Jan Jan Arkansas Power dc Light— 4.72% preferred Armour & Co May 63/a Feb 11% May 105 log warrants "9% 10% 5,400 Armstrong Rubber Co class A • 39% 38% 39% 2,300 443/4 Apr New class A (when Issued)! Aro Equipment • 15% 15% 15% 200 15%' May 18 Apr 19 19% 500 18 3/4 May 24 Jan "5% __2~B0 Corp Associate Jan Industries- Electric American dep rets Associated Food — 333/8 Associate Laundries 9% 900 Feb 10% Apr "3% 3% 33/4 1,800 3% May 5% Jan l Inc of 9% I 2% 2% 2% 1,300 2% 3% fi reg Stores America 8% May Feb CI A (ex $43 dlv arrear paid 22 on '$3)_* 120 1% 800 1% 43% Feb 102 Feb 107 Jan 800 1% • Mar 104% 104 104% i l3/4 May 61 May 53 53 55 373% 32% 37% 6,200 18% 193/a 10,900 4% 4% 2,500 43/4 Jun 4% Jun 11% xl2% 4,400 9% Feb 15% Apr Atlas Consolidated Mining Development Corp AtJas Corp warrants New option warrants _10 pesos . "4% . 3 Corp 3l Automatic non-cum 12% 32% May 40% May Feb 22 % Mar 18 3% 33/8 300 3% May 4% Mar 1 "4% 43/8 4% 600 4% 4% • 14% 14% 15% 600 la Automatic Steel Products Inc Non-voting 9% 9% 6,200 .1 preferred Voting Machine Axe Science & Electronic Feb Jan Jun 16% Jan 9 Jan 9% Apr 37 b Feb 14% J common B Class A Baldwin Rubber common Baldwin Securities 13% lg 143/4 3% —.1 , Corp 14% 14% 14 j 3% 3% 21,700 . 300 3,800 8% 153/b May Jan 14% May. 3% May" Mar 17 j 7% 7% «___ 20 Illinois Secur preference Chief Vtc to ext Air Instrument : " Aviation & Cook 143/4 153/8 700 5,000 (H) Class Distillery A 3l Co Brazilian Traction Light & Pwr ord Breeze Corp common • • 31 13% 1,600 10% Feb 13% May 8% 8% 300 6% Feb 9% May 5% 100 53/4 May 63/4 Jan Cuban American 7% 700 6% Feb 8% Jan Cuban Atlantic 7 38 % x39% 400 • 38% mmpm ' Brtllo Manufacturing Co common British American Oil Co 7 7% 47 Jan Cuban Tobacco Feb 6 May 300 2,000 6% ~7 15,000 7% 3,100 • American II33* 10s dep rets ord reg a> 700 i°u May 73/4 Jan 73/a Jan 3% Jan Apr 2% 214 200 2% Jun 39% 39% 39% 100 36% Jan 40 3/4 Jan 21 s/8 May 19% 20 3/4 105,100 22% 12,100 173/4 Jan 24% Apr 20% 2,200 18 Feb 21/2 Apr 10 7% 7% 500 7% Jan 7% Jan 1 14% 15 1,000 x143/b 25% 27% 1,100 24% common common.- class B 20% 21% Company common (The) Corp Buckeye Pipe Line Budget Finance Plan common 1 1 Feb 17% Mar Feb 34 4 • n 4% 4%. II May May % May % 200 11 4% 5,000 4 Apr 43/b Mar 13% Feb 4% May 26% May • 253/a 24% 253/a 1,300 22% Apr 50c 83/4 83% 83/4 200 7% Jan 10% Feb 11% May 3IIIII_g 10% 103/4 100 9% Jan 11 Feb 1 3% 3% 100 3% May 4 May 2,300 17% May preferred iq 60c convertible preferred Buell Die & Machine Co (The) Company .2.50 17% 17% 18 9'/b Feb 20 % Mar Burma Mines Ltd— American dep rets ord shares Burroughs (j P) & Son Inc Byrd 6% Corp Corporation Oil convertible 4% 1 class A 7.50 43/4 % Jan 600 4% Jan 5% Feb Jan 53/8 12%c common_33__25o 1 % May 29,100 3s 6d Burry Biscuit 4% 13 6% 1,300 5% Apr 6% 4 43/a 50,500 2% Feb 43/4 May 13 133/8 400 73% Mar 143/4 May 1% 29,500 1% Apr 10c Eastern California $3.00 $2.50 Aviation Electric • lOo Inc Power 1 33 5% 100 43/4 Jan 23% 25% 6,300 19% Jan 5,600 3% 2,500 133/4 Feb 15 4 14% Canada Cement Co Ltd 6%% preference 14% 4 14% 1 • common 3333 page 37. Jan 6% Feb 283/8 Mar 4% jan Apr 64% 5% 5% 5% 2,300 Apr 67% Mar Apr 55 5 Feb Mar 17% 500 26% Jan 30 May 19% 21% 23,900 18% Jan 29 Mar 31 31% 300 "3% ~3i5„ ~3}4 34,900 2,200 9% 4,200 24% ; "8% May «" - Feb * 4 % 21 ■7 Apr 14% Xl4% 28% May 34% Mar 28 % Jan 30% 1% Jan 4 Apr T0%"Jaa 6% May 10 % May 8 % Mar 3,300 25 Jun 16% Mar 22 ,Jan 27% Mar Feb 14% May 2,100 123% 32% 31% 30 3/4 May 37% Jan 12% 33% 12% 6,200 12% 1,400 11% 133/4 Apr 11% 11% 11% 1,700 10% Feb 6% 63/4 53/8 1,100 6 Jan 7% Mar 3,700 3% Jan 6 *' 1 ~5% l 5 Feb 12% Mar. May 6% Jan 5% May 1 ~1% "1% '~2 3,700 41% 41%, 42 100 2% 13A Jan 14% Jan. 44% Mar Jan 41 17% Mar 16% Apr % •'? 153/4 May 17- " Feb % May A 900 14% 100 143A Jan 17 123% 123/a 700 11 s% 20 100 193/4 Jan 14% May 21 -Mar 500 6% May 8% Jan 1,000 4% Feb 5% Jan ' 12 20 20 6 3/8 6 3% 1.60 5 A £1 5 5 83 77 3% Jan Jan 16,000 8% 8% 193/4 19% Mar 27 7 5% • 25c Feb 14% 23% 400 13% Jan 17% .43% 7,100 45 43 •' 1% 18% 175/a Apr 5% May Jan Apr May 51% Mar 1% Feb 2 3/4 Mar 43 130 2 Mar 13/8 19,300 16 3% Jan 19 17% May 2% Jan 25 - 4 16% Jan 3 % Mar Feb 16% 4% 30% 500 15 17% • 21% 263/4 May 100 * Apr 10% Mar Jan 173/4 4,900 2% 9% 7% Feb 400 8 2% 913/4 Mar Jan 6 3/4 213% 26% 66 % 11,700 84 85/8 36,300 7 2.50 Feb 8% May v 9% Mar 4 6% 1 Inc Brothers 18% • 12 % Jan Jan 6 % May 5 1,000 6% 6 Dayton 475 14 % Mar - - "7% 7% 73/4 3,000 7% Jun 83/» Jan 1% 13/4 2,600 1ft Feb 2% Apr > 38 33% 33% 30 33 % 500 A Dejay Stores common.. Dempster Investment Co Dennison 15% 1% 1 class 18% 15% lOo Rubber Co 5% 5% 100 5% 1 - 31 Devon-Leduc Oils Ltd Distillers 1 1 1 ' ■ 3% - 6 * 3 1 —. » Jan Feb 38 Jan 155 14 May ™ • 1,400 23/4 3.600 4% Mar 18,100 1% Dome Ltd Exploration Dominion Bridge Dominion Steel Co Tar Dominion Textile Dorr-Oliver ord stock Chemical & Co Ltd Ltd 1ft Jan 7.50 Inc 32.50 1 • 10 ^t • ""Z 1 Ltd Dragon Draper Corp Inc Cement Co ; common Drilling & Exporation Co Driver Harris r ' reg (The) Co Durham Hosiery class B common. Duro Test Corp common Duraloy . -10s 1 Duval Sulphur & Corp Eastern 4%% Eastern Jan $7 May $6 Gas & Fuel Assn common prior preferred Malleable States Iron Corp preferred series A preferred series B Apr 9 ft May 23 100 19% May 500 17% Jan 23 Mar 16% 500 12% Jan 17 May Apr Mar 8% Jan 15% 16% 400 12% Jan 17% Apr 36 36% 100 34% Jan 393/4 Apr 4% 4% 2,400 4% Jan 5% Apr 35 34% 35 % 200 31 % Jan 35% Jan 403/4 38% 41 1,000 363/4 Jan 42% May 22% 22% 2,600 22 % 4% 22% 27% May Jan Jan 11% 11% 5,600 11 Apr 14% 63% 11% 65 150 44 Jan 72% May 29% 30 500 28% Feb 34 % Mar 2 3/4 May 3% Jan 700 4% Jan 6% Jan 73/4 Jan 9% 23/4 4% 5 " • 100 16% 17 45% 47% 2,900 7% 8,300 24% 81% 35% 7 22% 172 36 22,400 31% 24 Jan 33% 51 Mar 8 Mar 7 Feb Apr 15ya Jan . 263/, May 85% Apr 77% Jan 400 31% Jan 38 3/4 Mar 2,500 22% Feb 33% 600 V Feb 16% May . Apr 187 187 173 24% 82 80 '35% 29% 1 Jan 100 2% 26 10 May 10,400 5 100 6 6% 6 23/4 7 V • Jan 18 Jan 20% 46% 10 33/8 Feb 20 17 America 53/b 20 „ Potash Co of 15 36% . Dynamics - , Apr Mar 2 16% 6 3% - 6 3% ' 7% Laboratories— (Allen B) 4,500 , Feb Apr 16% 29% Dunlop Rubber Co Ltd— American dep rets ord 818 -is . 33/4 Mar 20 20 3/a „10 Co_ Duke Power Co DuMont 8 300 16% 16 • Co preferred Douglas Oil Company Brewery .81$ • common $2 Dow • 16 " May 17% Jan 2% Mar . • Ltd Coal 81 Dominion 6s 8d 1 2.50 Apr 8 % Mar 5% • 3% 6 5% 1% 2Bo American dep rets ord reg Diversey (The) Corp 7 26 3/a Ltd— Co Feb 800 33 * May 36 % Mar Jan 1,000 83/8 8% 8% 100 Manufacturing Detroit Gray Iron Foundry Detroit Hardware Mfg Co 17 148 - 5 Mfg class A common ,/ 8% debenture Detroit Gasket & >19% Mar 16% Mar 2,900 17% 2.50 Inc Mines Inc Eastern 31% 5% 5% 5% 5It Apr 26% 20% 20 vtc3.1 Feb 2% 50 5 Canada Southern Petroleums Ltd see 43/4 3* Co Ltd For footnotes 5% 253/4 50 Co333333333_l Campbell Chibougamau Mines Ltd Bread 1% 3—3.50 preferred preferred Calvan Consol Oil & Gas Camden Fire Insurance Canada 1% 50c Calgary & Edmonton Corp Ltd Calif Crystal Dairies Common c C & C Super Corp (new) Cable Electric Products common 500 13"% 13% Feb ; ' Daltch Davenport Hosiery Mills. 6 X93/4 | Davidson 6% Mar c* 1 9% _33_3_3_%c Liquidating Corp 453/4 Mar 19% F Bunker Hill 16 C May 21% Buckeye 7% W 343/4 Jan 2% 1 preferred Rubber Co 6 1 £1 Distillers cumulative — vtc 36% Mar 2.50 Forman 8 17,400 9% Jan 25% Mar Jan Jan 13% dep rets ord reg Company common Brown Mills Ltd 40% 700 Jan 37% -. 9% Mar 1 Brown B x38% 8 273/4 • American Bruck Jan Oil C £1 British Columbia Power common British Petroleum Co Ltd— Bruce (E L) Co Apr 6% 34 39% 10* dep rets ord reg British Celanese Ltd— Brown 6% 26% Mar 223/4 • common Curtis Lighting Inc common Curtis Manufacturing Co (Mo) Jan Jan 14 223/8 8 common 83/4 Mar 8% Mar 6 3/4 400 - 13% 50o 2 3/4 Day Amer 4% Jan Tobacco— Amer dep rets ord bearer American 4% 15,600 / 14 2.50 Cuban-Venezuelan 73/4 common Co Sugar 102 63/a Co Oil Apr 0% 6% Land & partic _ preferred 38 % May 2% May "7 Oil $1.12 100 6% 73/4 Crystal 30 102 102 HI* Co common 5% 5 —3333—3l Inc333333~~20o Foote Gear Works British "A" Drug Co common 13% xll% 13% , 223/4 I (Md) Internat'l Co & Cork Bohack (H C) Co common • 5 % % prior cumulative preferred__100 Gas Petroleum Milner Crown Xl2% Bridgeport Cent Crown — — Brad Crowley Crown 193/b Mar 13% Jan , 1 1 Crowell-Collier Publishing Co 10'/a Mar « 20 % 8 (ord reg) Feb 9% May | 28% May 600 1 common.— Apr 153/4 May _• Borne Scrymser Bourjois Inc receipts 25% 47 % May common 300 23% • ! 513/4 600 common & Co dep Petroleum 5,600 Black Starr & Gorham class A (S) American Creole 16% 600 29% 23 Feb 8 3% Ltd— 48% 9% 28 % - 5 Beverage Corp 153/4 9% 2% Mar 6% May • • Be f. 47% 9% Blumenthal Jan 5% Jan 200 74% May !< & Reynolds common preferred class A 16% j Inc $1 48% 3 Blauner's 17% Apr 2 45,200 6% • Corroon Feb Jan ~2% io0 voting Inc ' 44 % 6% 1.21 Ltd— 10% 10% Mar 6% 28% ; Co 6% Mar Apr 8% May 2 \ 10 — Mar 5 4% —1 Jun 17% 5% Apr 34% May Jan k 2% • 30s B Boa Corp Benrus Watch Co Inc Blckford's 143/4 May 1,800 A • Engineering Corp Corp i Inc Paint & Varnish Corby 33/b May 17% Xl8% 65% 10s Inc Commercial common—325 Telephone of Canada Belock . ~9% 63 1 Car-Na-Var Courtaulds '7% ~8% 65 1 Lines 233% 8 % May 1 Continental Cott 3i ~8% 800 14% 11 % Mar 3l 3,300 Mining & Smelt LtdiZZIZ* —10 Royalty Oil 26% Mar Ben 5% Gas Feb 5% Mar 5% Consolidated 15% May Jan 5% Jan Jan 7% May Feb 4 Apr 1. Jan 2,700 Consolidated 1,900 Jan 43/4 9% 10 5% 3% Jan v 25% 16% Jan 4% 23% Continental Feb 173/4 300 6,000 Z 4% 9% 17% 2 3/4 6,500 203/4 6 24 % 10 400 6 3/8 20% X28 % x30 50O 16 3,600 1,200 —10c 17 Beck (A Si Shoe Corp Bellanca Corporation Co Electric Corp Electrodynamics Corp i 5% li 6% : ... 22% Apr % Jan ' —50* 8% May 33/a 75% 100 29% 4 20 vtc Jan. 5% 700 5 common Coro 3% 88 80% 3/a 1 Diesel 5% Feb 1 Apr 15% 25 . _l Utilities - Apr 2% 133/4 May 1 Products 6 3A 700 25 5 1965 Consolidated Mar Jan 1% 2 Consol Consol 1,400 3% 6% Mar 14 x79% 80 1 Co Oils Mar Mar * 7% Mar 5% Jan 200 1% Connelly Containers Inc 44,300 i 10 2,200 6% 1 Commodore Hotel Inc 73/8 350* 95 133/4 $ Colonial Sand & Stone Co. 7 3/8 common 83 Apr 8% Apr 100 7,600 2 133/4 10 Community Public Service— Compo Shoe Machinery 23/4 Bearings Inc Beau-Brummell Ties Z 6% 6% 6% I Mining 6% • 10 Airlines 6% 9 9% .2.50 Equipment Co Development ordinary 2h 200 Apr • 7% ■ "9% 28 -' .Apr 73 '.,70 Apr Farm 7 20o :9% 6 - Apr .12% Apr „ Apr Inc Caribbean 75 25 19% Machine— Corp Aluminum Cockshutt 73% I 75 Jan 9"% .400 :■ 11% 26% 47% Hosiery Co Clayton & Lambert Manufacturing "211 Company 10% 26% 26 'A Jan 93 5% 43/4 4% 11% Mar Corporation Coastal 12,000 Apr Apr 4% Mar Mar Claussner Club 12% 16 Co Coal 22% 3% May 43A May 4,200 33/4 5 5/a Mar 7% Mar Jan Mar 8 13,200 10 Jan 16 % 43 Clarostat Manufacturing Co Clinchfield 100 3% 1 Auto Stamping Clary Apr % Jan 10 America & Controller Apr Apr 113- -——-2 Christiana Oil Corp City i Oil of Consolidated • Basin 8% 334 1 common Rivet 12% Jan 13 Co— 3 % May Jan "9% 1 common—. Chesebrough-Ponds Chicago Apr 45% 5% May 1,200 . 18 3/a _• series 5% 18 3% 5% 53/4 1 Corp 9% Mar 9% 5% • 10 Co Ltd Cherry-Burrell Apr 2% Apr 32 % Feb preference Co Corp "13A 11% Apr 2s 6d 1 100 10 Charis 7% May Jan A Feb 110% May 100 Chamberlin 1% May 63A Jan 5 5% Mar 2 3,000 ll3/4 11% 11% preferred Convertible 2 3% 29% May 45% Apr : 9% Jan : 42'A May non-voting Cornucopia Gold Mines Mar 3,700 • pfd Century Electric Co common Century Investors Inc__ flo* 1 "0 2%- Central Power & Light 4% Barcelona Tr Light & Power Ltd 7 2% _ — $1.50 Maine Power Barium Steel Corp Basic Incorporated 15,200 1ft 10,300 2% Feb 2% Jan 6,800 1 % 19.50 Explorers Ltd 3.50% 6% 1% 1 Central Central 3% 5% ; 29% Mar Corp of America Conv 23 1,600 3A 6% 1 : Jan 7 3% 1 & Co Central Jan Banco de los Andes— American shares Banff oil Ltd 60 Cenco Corporation Class 3% 8,100 ' • Continental Uranium Ac Gas- 28% 5.50 Continental 44% Mar 27% vtc Ltd Continental Ayshlre Collieries Corp Bailey & Selburn Oil Catalin Colonial July 1 '53 & $41 on Dec Atlantic Coast Fisheries Atlantic Coast Line Co Atlas Plywood Castle (A M) Colon Associated Tel dc Tel— 28% Casco Products common >, Clark 108% Mar 4% May Light $5 pfd Power & Charter Oil shares 2 American dep rets B ord Carter (J W) Co common Apr 12% May 7,000 6,300 common Carreras Ltd— •* 12% May xll% May xll% 15% Carolina Co 24% Mar Feb 2% 4% 1 Oil Carnation 21% Jan " 2ft Minerals Producers 9 A Apr 4% Capital City Products common Capital Transit Co Carey Baxter & Kenqpdy Inc. Apr; 33% m Incorporated Oil Jan Williston High A Mar 2% Natural Gas Ltd vtc_ Canso 10 % Mar 2% Low 5 4% Canal-Randolph Corp 133/4 Jan Feb 10% Is • American Thread 5% preferred American Tractor Corp Anacon Lead Apr 8% 68 Range Sine* Jan. 1 ' 14,100 7% if 10c 1 pfd—10 partlc Ltd Canso Feb 10 %r 31 % • pfd common - 26% 23. 150 500 30% | American May 900 113/4 2$ com . Canadian Feb! 29 l f American 98%' 8% 68 68 „a§ Co. Apr 11% 1% 2'/a 10t Maracalbo 9$ 30% | common American 800 fetrouna 6 7% Ltd-—* Marconi Canadian May 98 24% "■:/■ IS Co American Amu rex 50 11% UVz „ common Canadian Dreage & dock co Canadian Homestead Oils Ltd 23% May 8% • e pfd conv Laundry Machine Manufacturing Co American Feb 23% May Ltd Canadian 8% Mar Apr 33% 100 973/4 9734 American Electronics Inc American Haro Rubber Co AMI 73% 500 23 10S 2So Air Filter 5% American 100 23% of America— Industries common American 7% 47 % Jan 16% Mar 12 3ft Mar 7% Jan Canners —2 Atlantic Oil Co Ltd— Canadian Jan 6% May • 45% Vz 41 5 Industries Inc American 12% 13 % •3% May xlt Canadian Feb 5% Jan 23% Investing cap stock—I (Mich) common • $3.75 cumulative preferred Aluminum Goods Manufacturing Aluminum 500 14 13% 13% 1 (when Issued) common X10 Fir of Prices Low High , High 12% May 3% 4% 10 li preferred.. 4% Sales for Week Shares Range Last Bale Price AMrlean Steek Ixehaags L Range Since Jan. Low 1 Allied Artists Shares High 4% 4% 1 Alie# A Fisher common of Prices Low Fir Allegheny Airline* Inc for Week Week's Friday STOCKS Range Last I Salss Week's Friday WEEK ENDED JUNE FOR RANGE , 25 135 Jan 213 174 125 172 Jun 1973/4 Mar Mar Volume 183 Number 5539 . . The Commercial and Financial Chronicle . (2675) . AMERICAN STOCK EXCHANGE RANGE Week's FLaS7 STOCKS American Stock Exchange Par Eastern Sugar Associates— Common shares oi oeneflclal lnt I KlectroData common Corporation Electrographlc Corp Electronics Equity Corp Forge Ero 24% 100 % % 2,600 ~~s/8 27% 19 y. 27 5,400 13% Jan 20 200 16 y2 Jan 18% 20% 2,500 13% Jan 4% 11,900 4 Va May x23% 11,400 13% 21 ~ ~~* I_5 II "3% . 1 12% 29% 30 300 3% 3% 850 4% • v 4% - Investors Royalty Jan 1 Feb Ironite 24% May 7 Apr Israel-Mediterranan 15% 35% •*reo Oils 1 Ltd Corp *ire Association (Phila): Firth Sterling Inc : Flsbman (M H) ; > 10 54 . __2.50 : Co Inc 7% Jan Jeannette Glass Co Jan 6% Apr 22% % 9% Apr 8% Feb Jan Jan 8% Mar 2% Mar 23% 2% 13 Jan 6'A . 10% " .1 , 400 6% 17% Feb 10 Kin-Ark 8% May Feb 7% Apr Jan 11 Va Jan 1,400 22% May 13% 27,400 9Ve Mar £1 Fresnillo (The) (Geo A) #utifcr 313 ; . 1 —8 Company Co 4,30 5 %. 6% 138 135 10,100 6V8 6% 7,600 8% Feb 8% ' ■ ■ « Gatineau 1% • Power - Co C common Builders 1% American dep rets General Fireproofing 8% ord 28% May " - II May Feb 7 Jan 8 convertible 41 i73/4 50c preferred 2V2 1,400 2% 800 *'16 1% Jan 2 Corporation Georgia Power $5 preferred • May Mich Gilbert (A C) Gold Mines 39% Jan Jan 20 % 2% ' 3,000 14% 1% 1% 9,900 25 104 2% "51 • 8V4 5% 100 — Globe Union Gobel (Adolf) ~ 10 31% Inc Co 32 6,000 * Inc. 19 % xl9% ~~ 1 ' Class preferred prior Goldfleld 1% 41 y2 65 65 | 30 42 Mines. Consolidated Manufacturing common., 88% 1 50 4 140 89% 87% ii/4 ' > . l'/a iy4. 12,000 69% ' 68 26% 26% 78 1 Graham-Paige Motors 5% conv pfd__25 Rapids -Varnish —-—1. : - • ; Feb 26% Feb 6J/2 Jan 10c Industries Inc Great Amer Great 11% ll3/4 2% 2% common - 81 ' J —*. stock Sweet Oveer Hydraulics 50c Freehold GTidoll 165 % 450 160 133% 135% 250 " Company — • 3% 17 Jan May 10% __ "May 5% Mar 10% 900 138 - ■ 16 Va - 3 Va 3% . . 10% May " ... Jan Jan 3% Jun ; 17% Jan 3 % May _ .■ . * Harvard Brewing Co Hastings Mfg -2 1 —10c 10c * 5 25c Co Bakeries Inc Lithographing Co Hazel Bishop Inc Hazeltlne Corp Dept Stores common Co Hearn Hecla Mining Rubenstein Helena (W E) Heller Hercules Gallon Products Inc 3,900 % Feb 3% 2% 2% 200 3% May 2% Apr 6 g 6% 5,300 41% X42% __ 2,200 5 40% Jan Feb cumulative Apr 6% Jan 21% 200 6% 500 15% 43/4 500 4% 4% 4% Apr 3,000 29% 29% 30% 500 27% Jan 32 % May 12% 12% 100 12 Va Feb 14 10 Feb • * "•I— __ . 1 14% 33 ***•l' 33 ' 5 63/4 30% 250 — — . 5 16% 30c 44 • — . 16% v 2 16 1,100 Publications Oil Corporation $2 Public Service Inc 1 (The B) Tire "4% 7 16% 1 Co. Rubber & 9% 50o Co Stores common Co. 5 • 9% 500 4% . 2 2,700 500 153/4 May 29% 100 29% May 29% — 153/8 3% 38 ' — 16% 2% May (A G) & Co Mfg Iron Feb Apr 33% 30% 6 Va 9,200 6 28 7,800 200 2,500 1,600 21 Va 47' 44% 48% 5,200 42 V2 Jan 59% Mar 9% Jan 14% 13% 8% 600 14% 5 500 1 1 10 1 common 1 1% 8% 22 9% 1% 1% 8% 2,700 8% 21% 22% 9% 1% Jan 8 300 15% Jan 9% May 12 50 27% May 24 24% 500 22% Jan 50c 5% 5% 200 50 34% 34% 50 • 24% 24% 100 8 50c 5 Co common Public Service pfd common (Can) Ltd 5 34 y2 22 Va 102 100 12% 1% 1ft 1 Va 2,500 23% 24% 12% 100 3,500 12% • 1 Corp 1 3 2% 3 1,200 26 % 3 Ve x26 11,700 4% 200 31% < 13% 1,300 3% 4% i — X26% 3% , 32 200 12% Xl3% 13% 12% Jun May 6"% Jan 13% Jan Mount 4% Jan Mountain States Tel & Tel 22% Feb 2 % Mar 4% May 30 Mar 2,900 2,200 10 Feb 10 300 26 104 y4 104% 20 45% 200 112% 112% 25 100 4% 9% 100 Jan 20 57 Nachman 27% Apr 104 38 Va Mar Jan 112% May 4% May 108% 50 128% Milling Jan National 200 .27%' 3,400 8% Apr 20 11 National Jan 29% May May National 22 21 22% 4914 45% Industrial Enterprises Inc 29% • 5 1 r* 11% Jan Co 11 6% Rubber 4 Telefilm 36% Jan 100 11 Jan 12% Apr National Union Electric Corp 300 6% May 92% May 8A Jan National 97% 30 4% 90 500 400 37% 85% 88 1,350 954 x9% X9% 1,2<?0 23 Va 4 Feb 37% Jan Feb New 125% Mar Transit common Radiator Corp— New British , 29% 107 Apr Feb 13 V2 Mar lift Mar Apr 102 V2 Mar Jan 109 Apr Apr 102 Apr Jan 5'/s 177% Feb Feb 44 y2 Jan 3% Jan Feb 4V8 Mar 3% Jan 3% Jan 18 % Apr 20% Jan 200 125 Va Jan 136% Apr 3,100 1% Apr 2% Jan •»«. —— 128% 129 1 % 26 26% 600 26 May 10 X10 % 1,100 10 May 12 Va Apr 100 31 "3% 1% 31% 33/4 31% 4 Vs. Dominion Oil Ltd New England Tel & Tel |27% Feb Feb 35% Jan 33/4 May 2,400 4% Jan Jan 15 y4 Jan Apr 5% Apr 9 Va May 17% 14 14% 200 4% 43/i 300 10 Va 103/4 2,100 18,500 3 Va Jan 5% May 500 3% Jan 4 14 10% 1 4% 4% 43/4 4 4 4 — "4% 4% 12 Va May — "3% 4 % 44,000 400 2,900 3ft Jan 10% Jan Jan Jan 13% Jan 7 12 Va Mar Apr 10% 10% 103% 23 21% 23% 29 273/4 29 900 27 Jan 29% May 30 Va Mar 24% 25% 300 24 Jan 29 Jan 33% 1 10c --1 30c 1 8 1 4% > 4'/a ~2% "2% 13 13 - 17% Jan 4% Jan 4,300 3 4% May 2% Jan Apr Apr 4% May 6% 4y4 Feb Feb 3 3,000 xl3 % 1,100 11% Jan 15% May 30% 30 % 700 28% Feb 34% 5% Mar 7% ~4% "4% 200 4 Va May 5 1% 1% 34,a00 1ft Feb 2ft Mar 2U 3% 54,200 2 Jan 1373/4 141% 2,810 134 Jan — 1 1 40c common New Bristol Oils Ltd 10% Mar 23% Mar Associates—. ■Neptune Meter common Nestle Le Mur Co common Apr 5% 82% May 8% Jan 21 100 Jan May x35% Mar 29% common 11.400 29% 4 National S Apr Jan ' Ltd Car Apr 53% May U 6 26% 1 10 Machinery Steel National 9% Xl0% 2 Corp—J Feb 6% —— 1 Presto Industries Inc 5% 11 .. Jan 31 Va Mar 29 y2 May 5 2.50 10 25c Ltd Petroleum 49 % 11 ■ 1 (Mich) "8,000 94 13 Va May 1% 1 common— Brewing Co National Starch Products 61* Jan 30 Va Mar 42 ' 1 ft 6 12 166 % May 50 168% 168 Va 10 Inc National Research 25% May Jan 27 Va Mar 50c Corp National Imperial OH (Canada) capital stock—• imperial Tobacco of Canada— 5 Imperial Tob of Gt Brit 8t Ireland—£1 Indianapolis Pwr A Light 4% pfd__10o 50c 10,400 Jan Juni 4% 10o National Mfg & Stores common 5% Mar Jan sy4 Feb Jan 1 National Bellas Hess - 10 Apr Jan May National Alfalfa Dehydrating & Apr 1% 99 1 Mfg Co Namm-Loeser's Jan 24% Mar Mar N Jan 137% 6% 13 104 4 Muter Company common Jan Mar 127 Mar lft May 2.50 Inc Inc 15% Mar 53% 4% TV Ohio Mills Muskegnn Piston Ring common Muskogee Co common Jan Jan 15% Mar 127% 127% 10 27% 6% 35 Feb Vernon IMuntz May 10% 16% May 45 4 Products Metal cumulative preferred Murray 30% Mar Apr 15% May 23% Loan Clemens Apr 17% 96 Vs 24 100 preferred 8% 6% Mar 27% Society com class A—_• Montgomery Ward & Co class A • Moody Investors participation pfd • Mt Jan 500 5,100 10 27% • Co 5 Va Jan Feb May 9 Va May • Abrasive 10% May 2% May 11 31% May 6% May Jan 26% .26% 4% May 35 Va May 11% cumulative Apr Feb 4% Feb Feb 26,400 2.50 convertible preferred Monroe 32% 18% 1 Co dividend shares Molybdenite Corp . Jan Jan Products— Jan Feb 9 % 19V2 Mar 17% 25c Corp $1 conv preferred Wohl 4% May Jan 25% Mar . cumul preferred series B—100 preferred series C—: 100 6 Apr 16 % May 18% 4.50% 9 Apr ? .Jan 29% 3,400 5% 4.80% 12 . 24 Va 1,050 29% 4.40% . 18% 333/4 40 1 Piping Missouri 31% Feb 5% 11% May -43/4 May-* '* 1 Mining Corp of Canada Minnesota Pwr & Light 5% Jan 7% May 1,900 33% —1 Co non-cum 4%% 8 26% Feb 8% Jan 16 Va 1 Co— Textile Oil 7% 27% 18% Jan Mar 4V4 May 7% • common Johnson & Coj. Miller 4% May 27% 13% Jan 153/a May 900 . 5 Corp 20% May Jan Jan 18 44 Va May 9 % May 1 104% May Jan 48 3/4 May Jan 9% May £1 Jan 21 Jan 1% Mar 16% 4 15% • (J W). Inc common Mid-West Apr 77 Mar 193/a May X40% May 38 Va 10 - Jan 100 Jun 100 9% May . Jan 13,000 Jan 7% 55 l3/8 " Apr Mar " 73/a Jan 14 Va 16"% —' 38 May 175 . ——! May 16 Va * Feb 4,900 x40%, 44% ■ 6 1 Jan Jan 80 % Jan Apr 103/4 May 10 Va Mar 6% • 1 8% Feb May 46% - 18 1 11 % I 300 6% „ 5% 6 7% May 3% Jan 50 * 13/8 Jan 72 Jan 6 Jan 16% 16% Midwest 48 6% Mar 15 % May 12% May 1% 17% Mar 6% 4% Jan 22 Jan Jan May 1,100 16% 59% 3 5% 15 1,900 6 1 Midland Steel 38% May 4% 20 6% Jan 5% 3 123/4 16 574 ; 2% 5% May 5 300 £1 . lift Jan 100 Chain National Cigar Machinery Feb 142,500 12% 17% 2.50 Co of North .America International Breweries Inc 3% Ik 6% 100 * 8 Insurance Jan 2 5% • ,19% stock—• 8 Industrial Hardware Mfg Co— 3,000 Jan 123/4 10 . A class 19 % Lock & Manufacturing Co Imperial Chemical Industries— Amer dep rets ord reg 3% Monongahela Power Co— 10% Jan 21'% May 13 V4 Jan 11% May 5% 1 preferred Groceterias Molybdenum 6 Jun 15% 400 15 1 Feb 8% 13% 11% 3,600 Jan 12 May Jun 19% 14 3/8 3% 3 Va Mar 2 1 % May 400 14% 11% 1,400 4 20% Va 5 Inc 8% May x4 Jan 20% 3 OR G.) 2 % May 3% 38% 13 % 200 400 —100 5 Illinois Zinc Co common 3,600 Jan 36'A Mar 2% Jan 3,900 15 Va 2% 5 Inc 4,800 - Jan Feb 5 common 2% 374 Apr 3 10 17% - Feb 1 Co 9% 25% Hydro-Electric Securities Hygrade Food Products 21 1 8% 100 Mar 14 19% 5% pesos Ltd 2V8 common preferred International 2 1°6 1 75 914 ---* 15 —• Co 1% 13% 28 Va Mar Feb 3% 3% 0 A 2% 1934 May 11% 1 100 *■ ft Co Hubbell (Harvey) Inc common Humble CHI Refining capital Jan 300 4 . 35 20% 11% 2,400 * Inc Hardart 1% 300 3% • (Geo A) Feb May 3%' X4 - 5 B Horn & Hardart Baking Hurd 2% 60c 1 Holly Stores Inc— Holophane Co common Home Oil Co Ltd class A 5 % 55 25c Corporation A 13'A 600 2% Jan Mar 13% Mar 7.50 17% 1 Hclllnger Consol Gold Mines Horn 500 55% 1 Hcfmann Industries Inc Hormel 15% 55 2.50 Class A Herder's Jan Va 13%. 100% 100 % 10c Hlghie Mfg Co common Hoe (R) & Co Inc common Class Feb 22% 2 1% 13% 1 Henry Holt & Co common Hclly 3% 2,100 - 200 "l% 1 100 100 preferred 4% 200 35% 15% • common & Co common preferred EVa % 3% 34% 55 * 1 Hathaway Havana 3% 351/4 1 1 25 3 Feb 25 14% 10,800 Midland Co Organ Company Harbor Plywood Corp Hartford Electric Light 3 20o Mlcromatic Hone Corp Middle States Petroleum — H Hah Lamp Hammond 100 1 Michigan Plating & Stamping Michigan Steel Tube Michigan Sugar Co common 6% preferred *' — 37 Mar 4% Jan 2 5 Corp common Michigan Chemical Corp Apr 11% Jan-.- 15 V8 6,300 .. 14% 8% Metal Jan 12 10% May-'." 'i!— _ 14% 37 53/a Mesabi * 31/4 20 Jun 106 17 V2 1,200 14% 37 —1 Merrill Petroleums Ltd 2 % May 9 Jan 3ft Apr 12% Jun -■ 1,800 7% McKee Jan Apr . 2% 53/a Mead Jan 189 - Feb - 2 7% Menasco 1% 1,400 • 50 Inc McDonnell Aircraft Mar 3 4,800 2 53/8 Mays '4% Mar 132% 93/4 600 Communication Co Ltd, Apr 28,300 11% 9% l3/s Marconi International Marine 8% Mar 17,900 Y 33/4 . 11 9% 1 ^*-«>oery Stores Products common—-—5 Guild Films Company Inc .^..i.lGc Gypsum Lime & Alabastine— • anesedieck • n , 9c Leases 2 % 1% 3% 300 18 VMassey-Harris-Ferguson Ltd " 2% * 1 Ltd Oils Grass 161 133% 2,200 12% 17% 50c Mansfield Apr " 165% 1st preferred —100 Great Lakes Oil & Chemical Co—— 1 1% Great 2% 2,800 24 12%. Company S Mines Wanischewitz Mar 28% 37% 11% Apr c 1,900 3 22 % 25c Mangel Atlantic & Pacific Tea— Non-voting - 1434 ---5 Gray Manufacturing Co * . 22% Realty Maine 1% Mar Jan 26 400 7% 6% May Feb 27% Apr 21% Feb 2,100 common Magna Apr May 67 % May 91 Mar Jan 56 100 .... 7% : 29% 33 %c Macfadden ' 73/3 Feb M Jan 69 " Grand 27% 12% Lynch Corp Jan ,2% '. Jan 250 /-. 28 5 Jan 22 Jan ' Apr 6% 2% May 22 18 Louisiana Land & Exploration.. Lunkenheimer (The) Co Apr 10% Jan ■ ■ 93/4 2 Va Mar 101% Apr Lodge & Shipley (The) Co Longines-Wittnauer Watch Co Apr 16% Jan 60 J Goodman Manufacturing Co. Gorham ' 66 5 B $4.60 ' 63 i* 14% 400 10c ; Apparel Locke Steel 33% May 19% May 7,200 ' Jan 5 Sugar class A 3 2.50 Class B Jan 153/4 113/a May 93/a May 300 9% 9% — Godcbaux 6% 9% May 24 300 12 B 25c Foundry Corp cf Delawere 5% 3% Apr 12 — 11% 1 class — — 2% 1 Stores Shores Loblaw " - Glenmore Distilleries Feb 411 May 7% Feb 5,400 8% v • Gladding McBean & Co Jan 107% May 108 % Apr " 41 \ : 2% 2 100 Liberty Fabrics of N Y Apr 2% May 103 800 pfd Corp Le Tourneau * 2% 4%% Corp Ltd Stores Inc..! Leonard Refineries Jan 16 % Apr Apr 103 Va Mar 100 103% 104% 5% Apr 3% May 1% May % May Lefcourt Apr 3% 2% May .... 1% 104 1 Glen Alden Corp 5,400 Mar * 4 1 Lamson & Sessions 48 V2 Mar 17% ~][s/8 * common Gilchrist Co 15% Mar 8 • 4% Feb 50c Lanston Monotype Machine Co La Salle Extension University. Feb 500 ... 1 7% 200 1 Yellowknife Giant 14% 1,300 Lear Inc 173/4 2% • Corp 14% ' Ruboer Co Hotels La key Mar 41 2% • $4.60 preferred 18 17% - Gerlty 6,000 Lamson Corp 2% May 3% May Jan 16 " 50 Jan 40% - 20 Stores 4,300 2% 5 Dept Consolidata Lake Apr 113/ Feb • La May 5% 16 5 common "n a Laclede-Christy Jan 32 5 6 ' £1 reg—. % 2% Feb 17 9% May 16% May 2% • • 1% Jun Jan 500 ' Feb 90% 6% May 2ft (The) Forge Co Kroy Oils Ltd Krueger Brewing Co 8% Mar 300 7 700 1 (Del (IB) Kobacker 6% May '7% 5%' Apr 2% " 112 % May 2,800 Minerals (S) Knott 6ft Jan Jan '15 300 400 24,000 Kropp Jun 2% 53/4 com—1 25 General Indus Enterprises General Plywood Corp common IGeneral Klein Feb Feb General Electric Co Ltd— : Kirkland Jan 107 1 — Supply Corp convertible preferred ' 1,600 28% " 3 100 Mfg Qo Jan 3% 4,500 12% 3% Oil L'Aiglon General Acceptance Corp warrants General Alloys Co General 8% 16%' 28% • common preferred Gehman 313 f 16% ' • 28% Jll% May 22,500 6% 6%: 1 Feb 12% 1% Kingston Products 14 % May 125 1.25 8% 2% 88 ■ 8% (Walter) & Co Kleinert Ford Motor Co Ltd— Amer dep rets ord reg Fort Pitt Brewing Co De Luxe Beer Sales Inc • 1% Company Kings County Lighting common 4% cumulative preferred 63% Mar May 10% • Fox Kawneer Co Kidde Jan 10 % 1,200 103/8 Mar 6% May Jan 3,100 Apr Apr 40% Jan 7 7,100 High 453/4 • Jan " —.. 3% Kennedy's Inc 10%" 111% 114% 28 Va 600 8 Company 8% May 23 y8 __ 2%. 8 1% Chemical Co.. 25% May 3% Apr 22% 1 non-voting Class B voting Drug Feb 23 A 6% 2% 2%' __ 10c & Electric Jan 4% 100" - Motor of Canada— Class Gas Apr 52 11,800 10% . 400 • 63/8 3% 15a K Kansas 1% - 73/4 6 % 8% Kaiser Industries Corp Kaltman (D) & Company 19% 21,800 • 54 . 5% 1 A 8%. 52 7 1,800 3 8% ';" 8 6% Jerry O'Mahoney Inc Jupiter Oils Ltd; Feb 2,600 19,800 6% common 4% 45% iy8 8% 3 —10c Pitsslmmons Stores Ltd class Flying Tiger Line Inc r 22 25c Financial General Ford 8 34% Apr Feb Kawecki 1 32% Apr 5% — 34% Inc.lo Petrol Corp 7%; May ■ Low 3614 Mar 6 % Israel-American Oil Corp Jan 200 "V'." ... Range Since Jan. 1 High 10c 257/s 11,800 1% - — Low 1 105% 400 7 Va : ift • Shares 1 Jan 8% — 7% for Week —. • Irving Air Chute 2Va May 1 1 100 Inc Jan Katz — 1 Iowa Public Service Co 3.90% pfd Iron Fireman Manufacturing v t c Mar 39 y8 May 4% Feb . 900 — 7% 1 10 (Max) & Co dass A Fairchild Camera & Instrument 10c ■ $1 or 25c Pactor 8 Co 9% 24 16,200 40 % 10 Inc 200 39% Products International Resistance 99% May 9V4 Jan 30 13 - 1 Eureka Corporation Ltd Eureka Pipe Line common - 102% 102 % 10c Co 29% May 4% 10c Manufacturing 8,500 19% 17% 18% 1 Corp com preferred International 1* Apr 27% iqt/0 100 II Apr Jan 17% 20c pfd_, Apr International Metal Industries A • International Petroleum capital stock.* 25 23 y8 Mar % Par , Sales Range of Prices Bale Prloe 19% 17% Jan 4% preferred 1st 27 High Week's Last American Stock Exchange 17% 1 Strel & cum Esquire II common convertible 8% 24% Inc Emery Air Freight Corp Empire District Electric 5% Empire Mill work Corp Emsco Manufacturing Co : $2 Erie 300 1 1 STOCKS Low 17% \ JUNE Range Since Jan. 1 High 17% 8 . common Corp of America El-Tronics Low 1 ENDED Friday Shares 30 Electric Bond & Share WEEK tor Week 1 W preferred Elder Mines Limited FOR Sales Range of Prices gale Price 1% 100 141% 2% — • Jan Apr May 3 Va May 141% Jun 35 *• 36 '-4I-I1 iwiiwym, * '•1 "v^iKy. „ MtuwM*. The Commercial and Financial Chronicle (2676) . . Monday, June 4, 1956 . AMERICAN STOCK EXCHANGE RANGE Clock Haven 50c Watch & preferred conv Shares Low Par New Low 1% 2,400 6% 6% 450 New Idria New 34,900 47% 48% 5,100 38% Feb 1 17 % 16% 17% 1,400 16 % Feb 22% Mar —_20c 1J* 1% Hi 16,900 1% Feb 6,300 New Park Mining Co Process Co New Superior —1 New York Auction New York & Co Rosario New York Merchandise Nipissing Noma Norden-Ketay North American Class B .__10c class Cement u. ______- North RR Corp Class pfd America____ Feb 16 450 10% May 13% Apr 4% 2,700 6% 3,700 11 38 38% 38% 38% 5 8% 45% 14 Mar Shoe Corp of America class Jun 91 Mar Siboney-Caribbean 120 97 103% Jan Apr • 3% 3% 3% 2,000 3 % i% 1% 2 4,200 v 1% May May Ohio Brass Co j preferred 100 12% 50 52% 106% 107 ~2% 2% 25 77% 76% 1 51/3 5% common Corp common 40c cumulative preferred Olympic Radio & Television Omar Inc Inc— O'ekiep Copper Co Ltd Overseas 26,800 900 Company Town 4,200 16% 58% 2% 16 % • common 2% 15 % 58 % 500 class B Power 4%% Okalta Oils Ltd Old •• 7 2% j xl6 115 111% Jan 1 Jan 89% Mar 5 % May 700 6% Jan 6% 6% Jan 225 16% 15% May 1,000 25% 105 23 Apr Apr 18 Jan 131% Mar Jan 400 122 6% 10 Jan Jan 26% Apr P 6% 1st 6% 4.36% Pacific 1st red $4.40 dividend preferred™— Light Canada Gold 102% 103 9.9% 101 Pneumatic 98% 100 2% 2% 15% 15% 20,900 Jan 2% Apr Feb 2% Jan share"—Il~Bol 4% 4% 4% 6,300 5% Jan 61% Feb 85% 5% M lOo" 5% Jan 13% Jan 1,800 13 Jan 15% Mar 8% Feb 10% Jan 15 14% 14 13% 14% 8% 8% 800 7% 8'% 1,700 8% 1 "2 ; 1 of gi/4 19% l May 3% Feb 2 7.400 2.000 6% May 6 May. 19 7% Jan 3 May 900 19% 8 Apr % Mar 4% Feb 26 % Jan 113 q6% 1,300 "l% Jan ~ih May 16% 15% 4,000 12% Jan 18% Apr 96% 100 6% 96% 1,350 6% Jun "1% 1% 1% 5% 5% 22% . Z 4,800 7% .... 8 - 22 Feb 2% Feb Jan 7 Apr 25 Feb 7% Jan 28% Mar 5% May 600 300 - ' 1% May 1,500 6 22% - Feb Jan 7% X6% Feb 25% v. 107% 6% May 2,300 5 % Jan 9 Mar " • • - lllli _J_I_ * jfso Ltd"! 53 Timber 100 61A - Feb 59% May 412 May 513 May 450 50 % May 200- 12"% 6% common .___ 51A May 2 3% Apr ' 10 -17300 V 700 Pyrene C-O Two Corp 61 100 19% Jan Jan 14% Jan 18 Apr 10% Feb 9% May 150 99 100 61 May 300 16% . III10 104% 75 Jan Jan Mar 20% May 27% Jan , 35 % May Q Quebec Power Co.. • - 1 29% May Raymond Concrete Pile Tube $1.25 Reda conv Corp common (Robert) Reliance Remington & Engineering™ Co Inc 2,500 30% Mar Feb to Jan Rochester Gas & Elec 3 1965. 4% pfd F American Rome Royalite Russeks Corp Field Oil ord reg. common Inc Co Ave C) 42% 500 38% Feb 11 11% 3,100 10% 65 65 59 4% Jan 3% 3% 1,400 2% Feb 5% Mar 8% 8% 4,000 5% Mar ~6% 9% May 42% Mar Aeronautical Company Co Sonotone Boss Ryerson & Haynes common Ban Carlos Penn Oil Southern 5% 4.48% Cum 1 82% 4.08 7* Southern i Royalty Co Company—— Shoe i Savoy Oil Inc (Del) Bayre & Fisher Brick Co 22% 25c 22% 2% 23,100 9% 300 700 x79% "4% 47a 500 6% 5,000 4% Jan 1,200 16% Feb 3% 6% 6% 14% 15% 4% Mar 17% 17% 1,800 1 4% 4% 4% 2,500 : Corp Standard Tube class B of 1 Corp... & Co Precision B) Corp (Si 5 & 1% Feb Jan 13% , Apr Jan 40 • Apr 19% Feb 19 Jam Feb 6% 5% Apr Feb Jan 3% Jan 4% Mar Jan 79% Mar 100 16% 17% 15% 5% 600 15 1,000 ' 16% 15 Jan 9% Mar Feb 18% May Jan 18 . Jan 2% — -10c 10c 3% 31 III 5 I_ ~ , * ■ 12% v , 2% 2,100 3% 3% 17,300 30% ' 22% l. 31 " ' 21% 23 .!■" 2% May 3% May .. 400 3,900 Feb 13% Mar 3% Mar ». 29% May 17 % Jan ' 5% .1—1 16% — • 1 16% xl8% ■ *18% 300 18% 600 5% 5% 5% 13,600 L_____25c .125c 11% 11% 11% 100 1 l Ray Drug common— Sunrise Supermarkets V 15% *15% "I 800 Corp. Superior Portland Cement lncl Superior Tool & Die Co_I i 1 I ; 3 va 27 % May - , 9 , Jan 15 ~6% "-7% 5,900 6 5% 5% ■ Jan ; 50% Mar \8 I Jan 3,400 Feb 18% , Jan 4% Feb 6 % May 13% V May- * * Mar 19% j * , 15 "7 20 > JaJn 43 —.5. ; .v • » "nil • Corp 16% May 18% Apr - ♦ IIIi Jan 33% Mar ' common Oil 17 ' Sun Finch Jan 66 % * 4% May 4 % May 4% Apr 14% May ,16% 100 .—1 1 Corporation Swan < Jan 6% May ' : Corp., Co 32 29 22 May 8% 600 6% • (Del) Stop & Shop Inc 2% Jan 5% Mar 57% common_5 Common (Hugo) 47a 3% 6% May Jan 56 • common Sterling Aluminum Products Sterling Brewers Inc_ Sterling Inc (J 4% 3% "3% .—1 Canada ordinary— Steel Parts Corporation ___: (A) 2% 2% —10 20 18% 5% 4% May 26 % May 2,000 17% 20 ,_1 common Jun - 5 15% (The) Mar ~4% 1 Starrett Apr 5 300 1,000 1 Steel Co 82 3% 5% Co Standard-Thomson Jan 68 Apr 3% 1,150 Inc Jan Jan 9 •8 4% 36 Products 25% Jan 3% 35 Shares "• ' 16% 5% 35 Standard Jan Jan Feb ' •>•5% 8,900 Talon Inc class Class B A Technicolor Inc Texas Calgary Power '5% May 16 1,000 14% 14% 1,500 ' Apr 8% Feb 17% 14% May .14% May 27% 28% 3,700 24% 1 Co & 11% 11% 11% 6,300 13 4,000 25c Light $4.56 Jan Co Inc 12 May ■' 1% Feb ; 2,100 27% Jan 40% May 36 % 34% 38% 5,200 23% Jan 49% Mar 3 % May - 106 110% May Feb 3% 3'/a - 5,500 3% 10% 1,200 34% 38 5,700 22% 23% ,10 % 37% 25c. ! 400 13% 400 12 Jan 19 700 16 % Apr Jan Jan 38% May 22% May 13 13 14 : Feb 18% 1 l 4% ' 10% May 26% 25% Feb 14% Mar 19% May - Tobacco Amer 5i« Amer Oil Corp— 1% 1% —70c preferred. - 5,T„ - 100 5 ; A May 6% Mar 1% 100 l*ys Jun x2 65% -67% 400 63% Jan 70'% Feb 7% 2,300 6% May 9% Jan 6% 98 97 100 125 97 Mar 102 Jan Jan * Apr Jan Trans Caribbean Trans Cuba Oil Tonopah Mining of Nevada. 1 2% 2% 2,400 2% Feb 3 5% 5% 1,200 4% Feb 6% May 2% 2% 24,500 1% Mar 3% May 2% May " Trans 8% Jan True 3% Airways class Co class Tri-Continenial A___10c A 50c 2% May Feb Empire Lux Oils Ltd 1.25 Corp. Mar Apr 7% May 5% Jan United Elastic Milk 6% Jan 10% Apr United 107* Jan 17 United U S Air Apr 22% Jan 34% Jun Feb 5% 6% 3,000 ... Specialities —100 25 _ __ class United States 5% 5% 34% Apr 8 Mar 7 . 9 9. 100 Jan 8% Feb Jan _ 7 5% 6% ' 32a _ Apr 26% Mar 6 3,600 7% 5,000 6% Jan 814 200 31% Jan 35% 32 5% 7 7% Apr Jan Feb Apr 8 Apr 4 219 * 218% 219 1% 1% 1% Jan !S Apr 5f\ Apr May 1 Jail 7 Jan 18 % Mar 61% Mar 39% 14 % Mar _ __ _ _ _ 36% 36% 200 48% May 36% May 12 10% 12 1,000 10% May 2 1% 2 5,800 1% May 1 49 48% 1 1 27% 4% 4,500 43 % , —50c 50 50 % 53,600 2% 2% 700 24% 27% 11,300 4% 700 4 Jan 218 —— 48 % 230 30 100 1 ... - Corp 9% 23% May H 5% 25 _ _ B Reclaiming Co 50% Mar • 16c _ common Vitamin Jan 5% Mar 46% 10 25 — Conditioning Corp United Stores Corp common 5% 7,200 31% a—10a s_ common Rubber 14,600 10 , registered Sharing Foil 6% 31% — S 34% 31% — S 5% *35 % May • U 32% Feb 1 U e% 29 % common 3% Mar 343^ 100 20 United Shoe Machinery common Preferred Feb l 32% common „50c Corp preferred 21% 10% Apr 7% Jan 4 Apr 12% Mar 32% ~4 & Canal. J RR Profit 22% Mar Jan Jan • Corp Products dep rets ord United 24% 2{J Jan Feb 9% 5 — Omaha. United Molasses Co Ltd Mar Apr of Products Asbestos United United 21% May May Yards Aircraft United May Jan 3 —10c Management Company Unexcelled Chemical Corp. Union Gas of Canada Jun 11 l,no 1,600 21,000 u Jan 92% 6,900 3% 10% • Corp 6 Feb 2% 2,V 3% 10% _• Temper 35 Jan 2% 3% 10% 1 warrants 99% Feb 5% ■ - 100 40 10 Inc Trans 5% May 7 Apr 107 20 — Realty & Construction Apr Jan 80 13% 35% 106 10c common Tliorofare Markets Inc Apr Feb 5 11% Mar " Trunz Inc 12% Jan * 1 convertible preferred 13% May 12% 16% 29% Mar 38% • Corp. Corporation U ; Jan 5 pfd common Chemical Roofing 16 2i% 5 1 " Thompson-Starrelt 70c 16 a — common common: Thew Shovel Co Thiokol . 7 common common Tampa Electric Co 1% Mar l 300 11% 20% May 21$ 79 . 10% 20 2'i 7. 10% Standard May 6% May 400 70% 3% May 9% x23 %• Jan 25% May 13% Mar-' 7 5 preferred—: 27 Jun 300 8,100 Jan 29% May 3% Feb 200 200 2% Apr 2,400 _I 25 700 57% 45% 10,500 300 Apr 44% 6% 56 Stock 3,500 Jan 47% 14% 57 Union 8 28 May !_• 15% - 24 Apr May 40% May 25% Mar 400 Standard Stroock 58% 50% 26 % 2,000 25% Standard Forgings Corp 1 Standard Industries Inc——50c Standard Oil (Ky)_ —10 Stylon May 6 '/2 Standard Dredging Corp common 1 $1.60 convertible preferred—______20 Standard Factors (,'ovp 1 Convertible Apr May 40 .1 Packaging Corp_ May Jan —III Corp Stahl-Meyer Inc— fitinnes 9% 16 13% 14% 1 Spencer 1% 8 % 20 Sapphire Petroleums Ltd page 37. Pipe Line Southland 26% 25 24 2 Investment Co... 81%- 83% x25% Corp.,2 Inc Spear & 80 500 25 Petroleum Union 8 20 preferred California Materials Co 15% Mar 20 see cumulative Southern Stetson 6 % Jan 33% 300 40% 25 % Southern 52 27% 40% 25% Sterling Feb Jan 45 % 25 Jan 7% „ 51 26% preferred 16% Jan 600 52 preferred—25 30 5% 5,900 25 cumulative Feb 5% 40 cumulative Apr 29,100 38% 39% 4.24 % 25 6 9 4.32% Apr 4 '/a 100 25 Jan 31% 15% preference 2% 3% l pfd 4 V2 % series Cum pfd 4.40% series Inc. convertible 86% 4% 6 15% 4% Jan Apr 4% 7% May 25 preference— 110 29% 4 l 500 23 preferred. convertible 1,500 1,000 12,500 8% 12.50 preferred cumulative 4.567* Stein 12% Mar 6% 7% 1 common 3 1,800 42 x5% 1 common 90 7% 200 • common Co 4% 37% Mar California Edison— original 4.88% Ulen l 2.50 Milling Co Ltd For footnotes Corp Amer common— Ban Diego Gas & Electric Co— Cum pfd 5% series Schick Coast South Mills 1 31% * s Bt Lawrence Corp Ltd Inc Salem-Brosius Paper Corp Manufacturing South 13% i Ryan Consolidated Petroleum (Howard) 2% 13% Apr May 4% 89 % 6% 3% 31 % Mar 12 3% Feb 6 13 May 4'% Toledo Edison 4%% 41 13% 3 16% May 8% May 8% Jan Jan 1.25 2,900 £1 20 Airways 25% Jan • common 1,000 Electronics & Telviv Corp__10c Inc • Skiatron Slick Toklan 500 1,200 9% 46% Mar Jan 800 3% 17% Feb 15% 27% < 37% 13% May 13% 3 16% 3,400 21% May 21% Feb 27% 2% Mar 41% 500 13% Feb 39% Manufacturing Co Singer Manufacturing Co Lid— Amer dep rets ord registered j Apr 1 7' % 34% May Security Trust Co Ltd— deposit rets ord registered £1 deposit rets def registered. 5s Todd Shipyard Corp common ._2o Jan 1% 27% 5,700 40% Singer 40 29% 200 5 1% 22 400 £l 1 Jan Apr 15,700 1.50 Ltd—— Fifth (The F Russell Ryan dep rets Cablle 5% Mar Jan Jan Rolls Royce Ltd— Roosevelt Feb 16% Jun ~1% 3 4% 11% 13 24% 1 Feb 1,700 1,400 27% ~1% 100 Apr 44 4% 2,500 14 50 40% Feb 1% 3 % 26% Mar 24% 11 % Jan 34% f 23 II 28% Mar 31% 25 4% 17% 24 1% III_II5O0 Jan 3,600 12% 13% 5 100 35% 39 20 21% . * extended 38% 26% 34% % _25c 15% Mar * " 24% " 1 Inc Rico Argentine Mining Co Rio Grande Valley Gas Co— Vtc 150 50c Corp Arms 3.000 35% 37% 27% 25% III 1 Oil Electric Rice-Stix • __20 & Co Reiter-Foster 7% 25 24% 27% -1 common preferred Pump Co Reis 1 1 Jani 2% Mar, 12% Tishman 10 25% Jan 18 % Tilo Railway & Utility Investment A Rapid Electrotype (The) Co___ Rath Packing Co common Apr 43% 37% Mar 12% Thor r Reading convertible Texas Jun 61 18% 18 • 1% May 20 8,r;, Jan 2,300 • 5 Apr 4,200 ••16 15,000 105% Feb 42 Feb 46% 29% 8% Jun 1% 6% • 99 99 12% % Feb 2% - 15 • Mar 4.700 10 100 : 58 11% Mar 17,000 , com. • 35% 2% 2% 16 53 6,900 {$ 53 24 • Public Service of Colorado— 4 % % cumulative preferred 5 % '•■■■ 1% 34 -- - 12% % 1 413 50% i27/a ~i "1 Nevada.—. X58 X58 . *"5%. _ Inc__^ Co 22 % Mar 1,900 16% 50 common Preston East Dome Mines Producers Corp of Pyle-Natlonal Feb 1,400 1% common—___2.50 Pulp & 60% Mar 18% 6% 19 Feb -- _ 1 Puget Sound 4% Feb 3% 1% ""250 _I_ 1 I___20c Jan 8% Feb 53 % May _io A 7 6% 1 __ A 6% 6% 1 • 2 1 Jan 3% shares—10s lire Mfg Co. Providence Gas 1 9 654» America——Z—IOc Progress 100 Jan 4% 1,400 19% . 10 pesos —II" 54% 4% 54 7 100 19% 20 4% 54 4% 2 50 Co 6% Apr 15% Mar 6 ~_~2~50 —ZZI—ZI. 1 11 Feb 1,000 5% 15 2 2 Oil Metals 4% May 61% "j _ & R 86 84 1 Royalties Ltd— Lambert Co. Prentice-Hall Inc common P 110% May 90% Apr Apr Feb Co.— Corp of Canada Apr 1% Amer Telephone Feb 2% May 18% 500 2 1 Jan 1% Ltd_ Co Products class 101% Jan 30% • 106% Mar Jan 103 • Ltd 104% 78% Mining Pressed , Apr 25 • 103% Feb Apr 2 12% __ .II~10c Powdrell &| Alexander Pratt 360 Apr 4 5,000 fr Shares May 103% May 40 ; Jan May- 4% May 117 Mar preferred Jan Apr 97% 3,300 7^1/, 98% 103 - 26% 150 Scale, common- Rico Prairie 7 20 100% 190 106 24% May 100 106 Pittsburgh Railways Co • Pleasant Yalley Wine Co__-IIIIIIIIIIl Power 100 15,300 common Mines $3 Jan 46,100 Piper Aircraft Corp common-.Pittsburgh & Lake Erie Poloron 25 102 89 Simplicity Pattern common Simpson's Ltd common.— 29% Jan 1% _ Pierce Governor Pinchin Johnson Porto 27% Apr 2 Perfect Circle Corp Peruvian Oils & Minerals Polaris 24% 1% Pepperell Manufacturing Co (Mass) Pioneer 101 Apr 26% May 800 1,300 42 Sjminons-Boardman Publications— 29% Jan 900 26% 25 103 600 27 % 1% __ Tel 27 28 ii/9 . Philippine Long Dist Phillips Packing Co. Phillips Screw Co 28% Jan 2 Co (The) Feb 26% 25 • Corp.III Ltd Feb 26% 2 Traffic Apr iG class A_.._ Parkersburg-Aetna Boys 27% 27 99% Class B Pep 28 900 27% 1 —_ (C A) Amer Motors Corp Park Chemical Company of 27% vtc.1 ~2Bol ._ Pentepec Oil Penn 27% "1 common Paramount Patino — pfd—II100 5% vtc__ Parker Pen Co 31% II* jf Pancoastal Petroleum (C A) Oil 27% May 27% Apr • cum Pacific Petroleums LtdT Pacific Powe'r & Israel 100 • preferred preferred $4.36 div preferred Pacific Northern Airlines— Pan 27% 25 dividend Page-Hersey Tubes 27% 25 Lighting 84.50 preferred— $4.75 34 % Mar --11111125 pfd™, 1st 30% May 25 redeemable 1st pfd series A red 1st preferred red 37% 900 preferredIII—25 4.80% 4.50% 33% 31 25 " 1st 3.400 34% 30% 34% pfd___25 preferred™. redeemable 5% 1st 34 29 6% Jan Jant Mar 10% 39 10c Inc American 9% 25 Jan 4 1% 35% j Lighting 68 26% 2 Corp 550 700 2 _• A_ 15% May: 7% Apr Jan 4% Jan Mar 22% May 2% Feb .. 8% May 29% 29% Rights Smith preferred__ class 84 , 8% Mar 42 10c common Silvray 2,800 103% 103% • Co Ltd——_____ Precision 9 % Jan 103% 105% 105% 2 Creek Simca A— Petroleum Co 1,000 81% .__• B Sllex Co 3,V Apr Jan 69'/h 2,900 8 15% Apr 600 6% 25 17% May 65% Mar 105 550 5% Xl'15 Jan 4,500 78 7% g _ Pacific Gas & Electric 1st Class 4 3% Mar 2% May Jan 80 6% 1 shares-lOs Amer Securities 5%% Breweries Signal Oil & Gas Feb 2% Jan Silver Ogden Corp common Okonite 6% ' Jan 700 8% 4% 25 Apr Sicks 5% 3 14)4 Mar Jan 14% 21% 83% 21% Jan 11% 6% 9 100 Canada of 8% 87 • Company Ohio 4 % preferred Sheiwin-Williams 51A May iVi o Oceanic Oil Inc common Jan % - Jan 46% Jan 1% 100 8% 1 Products 5,800 6%. • Sherman Jan Feb 2,200 12 Feb Apr 2fi Apr 2% May 1% May xl 1% 1%. 8% 5 41?a 19% Jan 17 400 _• common Denn Sherwin-Williams 8% 1% 20% 19% 1 - High 31% May 15% Jun 400 2% 11% 12 _20c 4% 10 97% 1 14% Jan 38% Jun 2,200 87 97% 100 ; Leather Shattuck 5i« May Jun 38 *25 11,100 8% 8% 87 87 200 w 5% Seton 2%; xll% 1 Mining— Shawinigan Water & Power. Feb 6 May 10% May 3,900 Inc.— Corp of America Servomechanisms Inc Jan 10% Bros Servo Jan 64 5% i ; 15 57% Jan 38 1 of A 200 200 38% 50 Northern Ind Pub Serv VU% Nuclear 15% 25 Co 1% 61 10 Airlines Penn 2% May 17% 19% 10c 2\% Apr 6 4,500 12.50 86 % May Feb 10% 18% Belby Shoe Co Sentry Safely Control Serrlck Corp class B Jan 2 312 10% • 5,800 2% ft 18% Jan 81 10 A - North Canadian Oils Ltd.—— Northeast • _1 3% 50 1,800 g% l Corp 2% 2 ,_5Co 2% 2{4 2iu 700 11% 2% 4 17% 1 10% —1 Inc.. 15%. • 59 10 . Mines Lites 400 Securities Corp General 85% xl5% 10 1 Airlines Western Low 32 15% 1 Range Since Jan. 1 High 31 % Beeman 2% 2\\ • common— Honduras Beaboard Shares 32 Jan 2% —- 1 (when issued common for Week Low ._* common 2 85% 2 % common Oils Co Scurry-Rainbow Oil Co Ltd 54% Mar Pacific Coal & Oils Ltd New Feb 2% —250 Zinc Jersey 3% 2% 46% Steel New Feb 2% Co—_——50c Mln & Chem New Mexico & Arizona Land New 10 % 6% May 2% Apr " Par Bcullin 2% Feb Sales Barge oi Prices Bale Price High 1% May Week'a Last STOCKS High 1% 6% ._—...—* — 1 American Stuck Exchange Range Since Jan. 1 1% 1 Co JUNE ENDED for Week of Prices Bale Price American Stock Exchange WEEK FOR Friday Range Last STOCKS Bale* Week's /riday 34% Feb 2% May 15% 4 Jan Apr 2% 2% Feb Feb Jan 60% May 4 % Mar 29"% 5 Apr Jan Number 5539 Volume 183 . . (2677) The Commercial and Financial Chronicle . 37 AMERICAN STOCK EXCHANGE f ■' -:V STOCKS - American Stock Exchange Consolidated Universal Insurance •Universal 2 1,800 55 % Jan common— 31 31 100 30% Jan 32% Apr 613/4 4,500 41% Jan 67% Apr ALima 3% 3% 4% 1,600 3% May Steel 5 ~4% 1 _20c 1 10 ' Inc Syndicate Vinco Corporation Virginia Iron Coal & Coke Co New (when common 4% Mar 1023/4 350 7% • Co Baking Wagner preferred Waitt Bond & Apr 6% 15 % Jan 17% 4% Feb 7% Apr 3,100 Waltham Wasatch Webb Webster 1 1 CO 19% 20 1% 1% 2 Investors pfd Western Leaseholds Western • Ltd 12,100 Mar 3 Jan 19% Jan 135 Apr value, par May 700 104% Mar 90 100 Jun 300 5% 5% $Friday's A Bonds Western Tablet & 5 Jan 6 Stationary 133% Feb 140 Westmoreland Coal and bid Westmoreland Inc White Stores 5%%' Inc 2% 22,200 River Wickes Oil (The) Williams Corp when i," issued; Wilson Brothers Wisconsin 24% 4 ... listed % i9G 3% 33/a Pwr Lt & 4 % % May 28. May 29 May 28% Jan Jan 4% 12 Vb May 16'A Jan 19 25 Jan American 6% Ltd Hargreaves ii Apr ft Jan 3% Apr 4'A 17% 800 Jan Jan 106 14 15 Total 10 First Second 10 Util¬ 65 Indus¬ Grade Grade Util¬ ities Stocks trials Rails Rails ities 96.12' 98.46 96.65 55.03 96.56 96.62 94.70 96.43 96.72 94.92 96.56 94.82 96.47 12 % May ~1% 1% ~2 May 31 Friday American Period Exchange Stock Last Interest 55% Apr Averages Sale Price Steel "1% 8% Appalachian Bethlehem Elec Steel Edison Boston 1 1998 series A 1970 Aug 3%s Authority Chicago Transit 99 Vb June-Dec Quar-Feb 1970 3%s Power 6s 2%s Friday's Bid & Asked High 142 •. Lackawanna 1st of A 1st Eastern Elmira Division— • A 1993 4s series B 1993 mortgage Gas Fuel & Water Lt 3%s 89'A & RR A6%s with A6%s ex 1 Nov 1 Nov 1947 AGesfuerel Guantanamo May-Nov Mar-Sept Jan-July 5s 1961. 1967 $25 coupon 109 10 151 A7s A7s ex Nov with Nov 1940 1 1947 1 II 1952 48% 48% 53 48% 3 Valley Mar-Nou 6%% Power Realization Trust 1963 New England Power 3%s 1961 Nippon Electric Power Co Ltd— A 1st mortgage 6%s 1953_ 6%s due 1953 extended to 1963 Ohio Power 1st mortgage 3%s 1968 II liq tr ctfs— 100 with A6 %8 ex Oct. Oct 983/4 17 $98% Jan-July Water Power Finance 3%s series A 3s series B 98% 96 $96% 102% 983/4 Stocks 102 96% 97 $93 98 Vb 92 98% 99 97 99% 95% 92% 98'A 98 Feb-Aug —Feb-Aug $94 E ...Feb-Aug Feb-Aug 1979 3%s series G 1981 Southern California Southern Counties South western Gas Gas Gas 3'As Electric & 3s 1971 1970 97'A Jan-July $93% 97% -Feb-Aug 96% 97% — 97% 96% A6%s with Dye 1 Aug Wed. May 30___ 1953 1953 1973 Fri. June 1 with A 7s ex Washington 1940 1 Dec Dec 1947 1 deb Corp Water Western ser Feb-Aug 99 96 102 % 97 97 100 86 "3 104 104 11 100 100 86 1956 June-Dec Traction Newspaper 6s 85 1959— 80% $834,000 80% $103 Feb-Aug Interest Exchange Last Period BONDS 81% 1 29 109 102% Sale Price 98 101,000 305,000 $834,000 3,049,500 23,513,000 41,477,400 13,494,900 445.821,900 390,834,200 $16,549,400 $469,650,900 $432,624,600 ACauca June-Dec 7s 14,326,000 Industrial $15,162,000 Valley 7s 1948 A6s series AS f Feb-Aug 1951 B ADanzig Port AGerman 1952 A & Cons secured April-Oct Waterways Munic 6s 7s 1947 6%s 1947 Stock Exchange — Daily, Weekly and Yearly 813A 1033/4 Stocks 105 110 Mon. • Domestic Bonds Tues. May or Friday's Bid & Asked High Bonds Range Since Jan. bold NO. 29— Wed. May 30 Low Thurs. May r High 1952 Jan-July $88 84 Stocks—No. — 84 Feb-Aug June-Dec 22,000 101,000 -Holiday 75.000 3,000 35,000 17,000 12,000 64,000 $127,OoO $98,000 $31,000 $256,000 — 135 $111% 113 ' 1955 Jan. 1 1956 of Shares 86 Domestic 84 Foreign Foreign —— 20 25 —— 124 129 111% 113% Total government corporate to June 1 ■' 19 55 105,834,362 108,534,775 3,024,490 3,066,056 $127,000 $216,000 289,000 $6,183,000 3,887.000 $6,999,000 7,092.000 98,000 710,000 1.417,000 31,000 10,000 $256,000 $515,000 $10780,000 $15,538,000 Bonds 84 81 1 $78 $22% 5,000 3,000 23,000 1956 $181% 188 $126 $69,000 — 1: Bonds Bonds $13,000 Week Ended June 1 — Total Corporate $1,000 14,000 — 3,024,490 Total— Bonds : $80 84 , 672,940 556,495 31 Fri. June 1__: 1 — Government $55,000 1,063,255 731,800 May 28 Foreign Foreign (Number of Central Bk of German State & Prov Banks— series $8,000 $215,000 Foreign 103'A 78% 103 $80 AprU-Oct Jan-July Jan-July- A6s 309,262,626 $5,000 — April 1946 A20-year 7s Jan 1947 ABa'den (Germany) 7s 1951 20-year 262,742,756 to June 1 1 £55 9,710,520 Government U. S. 104% Week's Range Low A Jan. 1 1956 8,679,422 of Shares— Transactions at the American $103 Vb 105 Friday Agricultural Mortgage Bank (Col) $15,162,000 102'/2 lilies Foreign Governments and Municipalities Stock 3,128,000 206,000 Shares) Amerloan 3,919,000 298,000 $14,328,000 International Bank $100 Jan-July Juue-Dec June-Dec June-Aug 1960 Union —— Week Ended June 1 1955 1956 Stocks—No. $4,251,000 3,864,000 $25 3%s 1964 debs 1974 5s _____ 145,000 Holiday 3,719,000 Total $25 Feb-Aug 1956 1963 A Power Webb & Knapp Inc 5s Penn coupon coupon 6s 3,621,000 2,922,000 8,679,422 Total United Electric Service Co— A7s 2,015,150 1,446,182 Government Bonds $185,000 $4,066,000 $114 coupon 6s Bonds 2,788,690 2,429,400 Total Bond Sales United States Bank Bonds Bonds — 31i:J-J.--- Thurs. May Railroad and 1940 coupon 1947 1 Chemical & - 29 104 92% 2 294.7 326.8 Slock Exchange Bonds 1 94 152.4 325.5 382.5 Int'l 100'A Hydro-Electric Co— A6%s ex Aug Tues. May $101% 101% $95% April-Oct 1970 3%s (Calif.) 101 $101% 101% April-Oci 1978 F 312.8 160.6 —4.8 Torelgn Miscel. 96 1976 series 35 101 % $92 1976 series 98% 96 94 $93 C 3s 150 90 Jan-July 3%s series D 3s 136% "3 .Feb-Aug 1973 1973 2%s series :: 102 92 Mar-Sepf May 28 Mon. $140% 146% 1998.Jan-July 425.2 353.0 2.J Railroad Number of and Shares 1981—May-Now deb 1962_Jan-July 369.4 500.8 Daily, Weekly and Yearly 103 % 93 $114 ApriZ-Oct 398.6 421.2 4.9 —1 2 Transactions at the New York 101 % -- 459.4 101% 100 1 __ 102% $95 319.0 Low. ♦New -- $94 342.0 155./ 303.5 365.9 101 99% — $90 West and Service 360.3 4.0 4.5 4.6 4.4 345.8 438.9 396.0 473.0 325.3 153.8 294.7* 348.2 Transportation — 100% 100% 3s, Southern California Edison 3s 1965 Wasatch 332.1 Goods Low High Change 96 $25 6s Co Corp Sapphire Petroleums Ltd 5s conv United Durable — 102% $100 101% 93% 99 $176% 1960 coupon May 18, '56 419.3 377.8 457.1 Composite Manufacturing Mining 99% 100 May-Nop ; 1960 1940 coupon 1 1947 1 Service Electric & Gas Harbor Terni current year are as Hydro-Electric Co— A6%s Public $25 $94 April-Oct 4% Jan-July April-Oct 1st mortgage 3s 1971 April-Oct Pennsylvania Water & Power 3%s 1964—.June-Dec 3%s 1970 Jan-July Piedmont composite and by major industry week and with highs and lows for the follows (1939=100): -1956Percent compared with the preceding groups Trade, $117 1952 coupon A Italian the closing prices of the common stock prices based on ended May 25, 1956, for Utility Midland RR stocks for the week Non-Durable Goods $165 Hydro-Electric Co— Isarco Safe 96% 96% — 132% 140% Jan-July 1970 RR 100% — $96% June-Dec __ 4s Western & 1953— coupon 68.05 Jan 18 $100 May-JVou 1953— debs 6s — 98% 99 "5 80.49 Dec Low ' May 25, '56 1953 1940 coupon 5%s conv debs Line 84.59 - Finland Residential Mtge Bank Flying Tiger $99% 100 Mar-Sept 1956 5s 96 96 73 65 96 63% $60 Jan-July 69% 583/4 8 7 High 84.53 SEC index of Stock Prices 98 % 86 70 78 87 Jan 23 Range for 1955 144 93 87% 69% May-Hoy May 1965 Ercole Marrelli Elec Mtge Co 31__ 1—__ The SEC index of series 4s Low Holiday 30__ May June 88.95 May 7 High 83.81 29 May Thurs. Fri. 84.12 May 28 Wed. Range for 1956 Closing Tues. May 65 96% N J mortgage I Inc. Compiled by National Quotation Bureau, 1023/4 98% 10 prices by the following: Industrials 4.79; Ralls 7.72; dividing total Date— High 55 5 15 165.10 (35 Stocks) Delaware Lack & Western RR— !' 96.55 98.49 96.02 171.73 65.24, Holiday Over-the-Counter Industrial Stock Averages Mar Low NO. 55% 99% 87 Jan-July 1978_ bold 99% 194% 98.56 stocks 65 Range Since Jan. 1 Bonds $140'/a 155 June-Dec 98.41 96.03 averages Jan ~2& Feb 55 Pump 4s inc debs 1994—-June-Dec & 96.00 171.80 computed by are 11.54; *The Week's Range Low A Amer *168.49 65.13 40' Bonds 25.14. for the 20 railroad stocks and for the 65 stock composite average give effect to the Delaware & Hudson Company's distribution of two additional shares of capital stock for each share held. This changes the divisor for the 20 railroads to 7.72 from 8.08 and that for the 65 stocks to 25.14 from 25 49. Utilities 64'/a May 4,600 or 64.35 165.72 470.05 - Mon. BONDS 65.13 *161.60 Holiday 21% Mar 600 * 165.56 170.75 Mar 200 57 Total 20 Mar 713 Mar 5a £i • deposit receipts preference 9% Mar 17% May 56 8 Wright May 6"% May 15,300 12% 10 Feb 2 Woodley Petroleum common—Woolworth (P W) Ltd— Jan Co.: -Bonds— roads 30 12% 102 % May 12% 12% 1 _ closing averages of representative stocks and bondf Rail¬ 472.49 468.81 477.68 25 May 24% May 100 pfd Newspaper Machine May Apr 25 Woodall Industries Inc certificates; "x w," without warrants. 30 Mar 14% May % of deposit ; "cons," consolidated; "cum," cumula¬ certificates warrants; trials 2 Vb May 50 3% with w," Indus- 39 100 week. current "M," mortgage; "n-v" non-voting stock; "v t c," voting-trust "w the daily are Date 25 2,400 1 j during transacted being 10 Jan 3% 19% 7 sales no -Stocks- Jan 50 12% 7 •n prices; - 19 • (not included in year's range), d Ex-interest, f Ex-liquidating distribution, g Ex-stock range), the New York Stock Exchange as compiled by Dow, Jones & on May 700 4 1 common 31 % 10% May 12% • preferred Wood 24% — 37'/a Stock and Bond Averages Below 2 200 10% 10 Industries (R C) & Co Petroleums Ltd Wilrich 5% 25 1 5 Corp Williams-McWilliams 103/4 1 common year's in above—"cod," used Abbreviations "w 37 20% 2 2% 10c Co__ 58 Vb May Feb 20% 300 1 preferred conv Wichita . 28% Jan 45 50 10 Weyenberg Shoe Mfg_ White Eagle Internat Oil asked tive; "conv," convertible; ft Apr •ft Jan 23,000 55 27% 20 1 being traded flat. Jan 100 % 55 57% 54 n Apr 138 % % ! Is com—• dep rets ord shares 36% J 36% 96 SReported in receivership. Western Stockholders Invest Ltd— Amer 54% - Under-the-rule transaction (not included in year's range), r Trans¬ action for cash (not included in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. Jan 3% 2% May 300 2% 100 138 45 45 54 54% 2012. ..Jan-July 2s included (not h Ex-principal, 19% May 193/4 2% 104 102 36% ..Jan-July delivery transaction Deferred a transaction Odd-lot 154% May • — a Apr z 160 100 — Jan 2% 12% May 300 37,600 ' — 1st pfd__100 Maryland Ry 7% l7/a Feb 22% Mar 2% 2% 100 " *No Feb 23 Jan 12% 193/4 1.25 100 Manufacturing West Texas Utilities 4.40% 3% Jan 2% 5 (Del) Inc Vb 11 •% May 1,700 12% — $60 — fund 3s Jan 1 1997 Janeiro stmpd (Plan A) de Rio 111% Mar 151 3/4 153% 2% 10c * (Republic of) Sinking 5% Mar Jan 3 500 r? ' Jan Jan 4% 200 18 40c preference Wenl worth 3 Vb 19% 1 Knapp Inc 5'A 4% May ~3% common Corp & series $G Co Watch stamped dividend, 108 1 Peru Apr .—30 preferred— $65 Apr 5% I Inc cumulative $2 Wallace & Tiernan Inc 6s 1931. Denmark 5s 1972 (Plan A) 2%s 2008 Bank of Chile $45 36% 53/8 ~5% $65 .June-Dec _Mar-Sept Jun 3uu ~5% -May-Nov -April-Oct 1947 Parana Jan 25 -- • 100 ctfs ext_ voting (issue of Oct 1927) AMortgage Jan w Aircraft Waco A7s 1947 1927) May $103 5% 151/2 >; 5% .June-Dec ; 43% Bogota— (issue of 72 43'A — .June-Dec 8% 76 155% 72 — $88 Mortgage Bank of 10% Mar High 1*5 — - „ $43% 2%s 2008— .May -Nov (Plan A) stamped 1951 stamped 7s 1958. Jan 3% May 100 : 6 $154 $71 1 68% ■ Jan 104 Apr 8% May 900 15% ' 5% 110 28 5% 91 2,300 3% 28 ~5% 1 Corp 9 3% • Silver-Lead 2,000 8% 3% 2 issued)- Manufacturing Vulcan 4% 99 8% ■ Vogt- 29% Feb 4% 102% Venezuelan Petroleum Venezuela 6%s stamped (Peru) A7s May 34% Mar 800 CO 0 30 warrants 93 Feb 84 I 1.1 1 — Co Industries Norman Maranhao 7% Mar 6% Feb $61 Mar-Sept Jan. Low No. High Since Range bold Bid iSt Asked ' AMedellin 'Vanadium-Alloys Van Feb 5 Bonds Friday's or , .May-Nop —Feb-Aug 6%s 1949 (Prov) City Mortgage Bank of preferred Sale Price of) Germany— redeemed) (20% AHanover 55% _— —1 common convertible (City 1939 61% ■ V $4 7s Apr 68 5 Co 'Utah-Idaho Sugar Valspar Corp AHanover 10 15 Products Last Period Exchange Low 2% Mar Jan 100 63 Stock High Low 2% 63 10 Oil American Range Since Jan. 1 High 2% 2% —25c Universal American Corp Universal Week's Range Interest BONDS Shares Low Par 1 for Week of Prices Sale Price JUNE ENDED Friday Range Last WEEK FOR RANGE Sales Week'a Friday . The Commercial and Financial Chronicle 88 . Monday, June 4, 1956 . . (2678) OUT-OF-TOWN MARKETS * Boston Stock Last Par American Motors American Tel Anaconda Company Boston Cities Service Co Mass St Ry cum 1st cum 1st pfd Copper 26 /, Jan 37 23% 24 40 xl8 Apr 43 49% 50 3/4 429 49% May 60 53% 1,482 51% May 63% Mar Norbute Olln Pennsylvania Union United 25 653/4 Jan 80 % May 13 % 11c 17 108% Jan 71 513/8 Feb 223/4 331 3% Jan 112 Apr 61 % Apr 28'/a 27% 115 22% Feb 28% Mar 93/8 66 93/a Feb 10 % Mar Apr 21% 230 203% Mar 243/8 Jan 32% 49 31% May 343/4 Jan 17% 162 17 173/4 May 535 23% Jan 27% 871 20% Jan 29 25 % 25% 24% 25% 49% 51 48% 49% 49% 51% 50 58% 58% 20 14 14% 162 51 Waldorf May Apr May 1,954 493/4 May 55 % Mar 556 483/a May 60% 49 % May 161 Sale Price Apr 56% Jan 69 % Apr 67% Mar 14 Jan 15 Jan Allen Electric 1,486 53% 51% May 66 Brown McLaren Burroughs Manufacturing Consumers Power common Continental — Motors Detjoit Steel Federal Gar Wood Gemmer Goebel Industries Motors Great Hoover Ball Hoskins Industries S) Co (6 Friday Range Sale Price Michigan Parke of Prices Shares ' Davis ~ Prophet Range Since Jan. 1 River Par ; American 20 Laundry Champion \% Gas preferred O & T P Machine Cincinnati Telephone- Cincinnati Transit Eagle Gibson 50 12% Picher Procter P & G Gamble & Randall class S Playing U S Printing 5 Card Feb 92% Mar 5% Feb 60 504 47 Feb 81 18 Apr 175 43% Jan 905 94% Jan 110% 49% May 50% 25 32 Jan 456 15 Feb Amer 68% Feb 69 40 Jan 52% Jan 27% 69 / 36 % 52 s 69 36% 52 American Tobacco Anaconda Mining Armco Steel Co 10 240 60 78 Mills & Ohio Elec 20% 20% 20 15% Feb 23% May Amer 16% 17% 265 15'A 20 Mar American Can 7% Feb American Cyanamid & .12% Jan 5% May American Motors Potash & 10 13% May 16% Jan American Radiator & 130 53% 66% Apr 60% 60% 65 60% May 86% __ 61% 61% 72 55% 70 15% 15% 256 30% 31'A 109 33% 33% 30 45% 45% 57 65% 65% 3 205% 208% 75 ]5% 31'A __ __ — Jan 34% 26% Jan 35 45 Jan 48% 57% Jan 205% May 85 16 77% 32% 32% 33% 41 16% 32% May 52 % May 52% 53% 85 57% 55% 58% 174 53 40 42% 555 40 New Cash National National Distillers National New Lead York Republic 24% May 20% Jan Bankline 94% Barnhart-Morrow 44 May Basin 34% 50 May Beckman 92% 92'A 38% 39% 10 —5 Steel __10 (R J) class B 10 3 Sinclair 5 Standard Brands Standard Oil Standard Oil (N __ I 23% Oil Oil of Co Cons 98 Apr Benguet 47% Jan Bethlehem Steel Corp (Un) Aircraft Corp (Un) Aviation (Un) .Bishop 38 43 Jan 26'A May 99% May 94% May Jan " May 49% Mar 57% May 35% Blue 51% Apr 49% Apr 30 Black Consol Oil 7 new (Ohio) 10 1 Union Mammoth Sr8J^ Diamond 12% io Mining 56 5 — 641/4 64Va 20 56% Jan 72% May 41% 41% 50 Jan 43% Jan Budd 57% 176 50% Feb 62% Apr 53% 25% 50% 24% 111% 52% 53% 40 47% Jan 25% 75 22% Jan 114% 120 103% Feb 54% . 350 51% Feb Jan Bolsa Chlca Bond - Stores May Apr Burlington Apr Burroughs Apr Mar 52% 51% 53 74 51% May 66 46 46% 95 46 50% Mar Corp Inc see 1998 page 47. — 55% 56% $11,375 53 Mar 6% Jan Jun 5% Apr Apr 1% May ' Sales Range for Week 8hares Low Range Sine# Jan. 1 .. . • . XT^rr,T?. we are • .. , tabulation this Npxt 15 % Apr Apr «Tan 8% Mar -— — 24% Mar 57 \ - Mar 186 Feb 75% Feb 84 May 35% May 67% Jan weefc. We May a__ Jan 51% 16 ,,,A work stoppage. ' 48 V* May report was delayed due i 32 76% Feb Mar May 50 . „,T„ Apr 26 % Mar 21% May May a— ...21 The transmission of .the r 4 123% Angeles Los the iish , regret.that not able to pub-■■*'- Apr 73% Mar 32% May Feb Jan 11 Feb 10% May 124 % Jan 22% May 25 43'A 63% 14% 6% Jan May 4% 101 - I A 47 31% May ' T Jan 1.40 3% Jan 7% Jan 111 May 64% May : • 21 19% Mar 85c Jan 36% Feb - . High Low High Jan 85 % Mar 59 % Feb Apr 23 % May Feb 15•% Jan 31% May 193/4 Apr 34% Apr l42*/a Jan 162% Apr in- 42 % Mar 371,4 iBK Monday's 42% Feb 6 May 45 % Mar 12% May 43% Jan Ures rvexi iVA°naay S Chronicle. 15% 600 conv 7% Feb Corp 59% Feb (Un) pfd Industries Com 5 Packing Corp Dry Ginger Ale (Un)__ 5 Atlantic Carrier Oils-^— Pacific RR Corp (ITn) , (Un) (Un) ; 1% 2 25 1 10 Feb May 25% Mar 19c ; . Feb 11% Apr 30% Jan 57 % ' Apr 2% Feb 165% Jan Apr 18% May 35c MaY Apr 19% May - ■ 15% Feb 70% Feb 3 V4 Jan 89% May 16% Jan 50% Apr 163/4 May, 19% Mav 6 1 70c 15% Apr 413/^ Feb • 50c 1 " 8% 26 % 146 Feb 12% Jan 10 9 Apr Jan 1% 5 (Un) 8% 22 May 49% May .< 10 5 (Un) Canadian 7% Jan 52% May Jan 20 ^ Jan 25c Jan 9% Jan 27 Jan v 1 'California Canada 3% 1 (Un) Company (Un)_, 1 Budget Finance Plan common 28 62 OH Borg-Warner 71 130% 46 May Week's of Prices 5c Broadway-Hale Stores 39% 55% 57% May Canadian 4% 1 2 110 Capital Airlines Inc Transit 3% 525 " _5 44% BONDS For footnotes 100 X'/4 • Corp 54% -- (F W) 3% 1% 50c Boeing Airplane (Un) 30% __ Westinghouse 3% i% Feb 16% Mar Jun 3% 10% ... Feb 5% 2 53 • Carbide 13 % 5 Co 30% 54% 5% Mar Apr Mar 8 503 ^ l Mining (Un) __ __ 9 8% Apr 28% Mar • May 4% 1 Jan 50 23 100 18% Feb 335 20c * Jan 150 100 ' 4% 1 Calif 38% 96% 23 4% 10 Instruments 78'A 451/8 23 100 common 5 94% 17% 7% May Jan 553 1 Corp 100 451/8 360 13 Co Bros Bendix 20% 18 1 26% Maq 145 3% 5% 3 (Un) (Un)__ Bell 25% 1,312 17% __ 10 Co 39% May 95% * J) Sunray Oil Cincinnati RR 37% May 21 % Feb " 43 Feb Barker Jan Ohio & Petroleum „ Tobacco Roebuck Wool worth Jan 18% May 81% May 42% Jun 38% 33%c TC—r Reynolds Sears 18 % 25 __ » Pepsi-Cola Phillips Petroleum £ure 50 230 50 Apr 7 14% 5 (Un)_ (Un) Co Manufacturing Corp 85% 25 37 Feb 5% io (Un) Baldwin-Lima-Hamilton (Un) 18% 25 27% Mar 22 50 310 14% 50 49% Mar Bandini 38% Jan 29 5% 5 Baltimore 38% Jan 13 % __ —__25 (Un) Feb 38% ___5 Central Refining Corp 81% 5 —_ Avco Atlas Apr 60 Apr May 11% May tend to Duhlish the fiff- 38% 124 Apr 14% 900 __ Associated 36% 46% 57% 965 Dry Goods 1 Atchison Topeka & Santa Fe (Un)___50 Apr Jan 42% Jan Jan* 11% to the Western Union 29% 45 Apr 6% 17% ioo (Un) Refining Co 33% May 42% 21% 29 __ • (Un) (111) & 8 46 Feb 11% l Atlantic 65 Corp Co, oil 15 5 Products & Ashland 34% 5 Register Armour 18% — May 10% * __ 25 Corp 22 __ 15 % 11% 11% -11% •.NOTE. SS. (Un). (Un)___+ 31% 42% Dairy Feb steel 34% * common National Anaconda Co. Armco 31% __ __ * Viscose 55% May May 10 Apr new. Tobacco 95% May 37% Mar Jan 42% Co American Tei American May 236% Jan 5 Apr Mar 14% 5.; (Un) Chemical & Ref (Un) & Tel Co (Un) American 71% Mar 81% __ Jan May Jan 15% May 30% May 81% Feb 3% 40% • American Smelting Jan _1% (P) 8 Jan 8 ► 10 10 (Un) Corp American Motors Inc 350 2 Power (Un) Apr Electric Montgomery Ward & Co Inc Foreign Mar __ • 595 10% 1 12% Co 15 General Harvester Corp (Un) 165 60% International Tel & Tel 49% 10'A 1 (Un) 12% May 58% 5 Co 143 % May 2.50 Motors 49 Broadcasting Para Thea (Un) 20 10 Department Stores 1,197 • (Un) 50 13% 5 Co 19% •. Inc Arma 12% 60% 1 —^— Apr 143'A 143% 13% 13% __ 11% 18'A 10 (Un) Bosch General Loew's Ltd Airlines 80 9 100 • ; American 5 Pont Lorrillard Aluminium i w American 5 International May common 85% Mar 7 Ford 84 New 62% Dow Federated Allis-Chalmers Feb Jan • Kodak Apr 186% Dye (Un) Mfg (Un) Feb Dayton Power & Light Co Eastman 77% 179% May 75% Feb 6 Jan 29% Jan 3 13% . 5% May May 7 1;... & 65% 10 Curtiss-Wright Du 69% 5% 27 600 13% io% 16 % Mar Jan 1,000 ... Feb 23 - Feb 2,883 27% 10 Corp. (Un) Chemical 47 25 Chemical Allied 1 „ So Alleghany Apr 25 Gas Columbus Jan 145 • Service Columbia 56% 255 17% Jan ' 4% • Mining 73% _13 Chesapeake & Ohio Cities Juneau 54 __ 13 8% Last (Un) American Steel Chrysler Corp Co 70 — 19% 100 -- '3 % 10c 50 3 Baldwin-Lima-Hamilton Burlington Reduction 26% 85 20% Mar 1 May 78 17% Mar Angeles Stock Exchange . 70% 5 Oil Manufacturing Bethlehem Corp Corp 22% May 62% Jan 77% 2'A May 3% 3% Feb Apr 7% „ Jan 2% Jan 1% 1 Admiral Aeco 49 100 4%- 4% Par' 60 388 16 27 5% Apr 675 22 4% Feb 800 18% 21% 27% Apr 8 6% May 49 % Mar 146 17% Friday 25 ' 335 Sale Price 23% >.... 1,050 2 16 STOCKS 50% 179% 181% 2 2 18% ( 4% 2 465 4% 2 __ 38% 40% May 1 : Los 68% 69% 1 Avco 7,823 > * 62% Mar Feb l ; 52% Ashland 42% 42% 1 A 10 Armour & Co 40% 4% ' 1 51% Mar 22% 181 % 25 Jan 3% 10 50 (new) 6'A 3,250 1 common B— Distributors 50% __ Cyanamid 10 Telephone & Telegraph___100 450 5% 1 May 36'A May 51% Jan 25% 50% American 7% 5% 5'A 26% May 34 52 1 class Corporation Screw Alaska — 7% 5% 5 common Corporation 35% Mar 34 — • Airlines Tube Apr 21% Mar Air Stores American Jan May 61 Unlisted Stocks— Allied 25% Jun 50% Apr 52 1,846 10 Shirt Wayne 39 3,643 32% 1 Btudebaker-Packard Vinco Jan 53 30% .5 Apr 147 49% 36'A 50 Co Paper Manufacturing United 31% 34% 52 1 Scotten Dillon Udylite 712 33% ♦ Products & Axle Manufacturing Sheller Apr 1 . Co & (The) Standard 18"% 1 Welding Metal Raisin Rudy Feb 7% May £7% Apr 46 97% 100% 27% • Preference 36% Apr 19% __ 10 — common May 4% Mai 94 Jan 48% May 112% 59% 50% • U 85 338 102% 45% 100% Rapid 394 40% Apr 18% * I B 97% May 37% Jan 112 46 ——2 common.... (when issued) new 14 20 100 83% May 28% Mar — • Kroger 32% May 29% Mar 14% I Rockwell Spring 18% ——* — 257 39 „ • common 27% 65 57 98 98% 45% 45% 112% 112% 86 86% 4% 4% ' „ 10 - Art Kahn 98% *112% 86% 100 High 27 Jan 24% May 59 Feb 25% Apr 172 26 10 preferred 29% 24% 76% 24 % __ 100 — Cincinnati Milling N com.—8.50 Electric & Low . 73'A 24% 76'A * Paper common Cincinnati High 28% __ 10 Carey C Low 350 . 1 Products Electric Peninsular 15% 1 Chemical National Sales for Week Week's Last- STOCKS Screw Jan 15 10 . Heater Masco 36 3 com__ Motors Jan Apr 2% Inc Howell Electric Jan 8% 34 % 32% -10 Manufacturing Houdaille 9% 175 5,843 , 52% 1 Bearing—! 51% Mar 6% May 225 Jan • 24% Mar • Apr 7% 1 & 6% 86 May- 34% ___» Chemical & 19- 47% 928 15% -1.66% common Oil - Apr Apr 41% May Jun 60 1,465 1,040 48% 7%. 5 Corp Paige Lakes 61% 21 —1 —__ Brewing Graham Feb 1 , Manufacturing General 29% 34% 5 ; Co Trailer 884 2% Jan 5 Mogul Motor Fruehauf Jan 24 34% ■ 1 Corp Jan v May 1% 19 6% -20 ; ; 3% May 1,100 60 1 Edison 4% 27% 20% May 48% 19% —1 Davidson Bros Detroit 150 37% 37% 00% j,— Mar Exchange | V 25 10 i, 25 2 ■f I Paper 157 2 5 Corp Chrysler Corp Consolidated 500 21% 21% 21% High Low 3% 25% 3% 1 Range Since Jan. 1 High 25% —_ 2 Briggs Manufacturing common _—3.50 Kysor Cincinnati Stock Shares 1 - American Metal Products Kresge 51 % 53 % 12.50 Corp Sales for Week Low Par Ford 21% 25 Co— Feb May 17% Mar 24% 5 Rfg & Mining 14c 141% May 2% May 3,700 55% 17 * System Inc Westinghouse Electric Jan 31% 21/2 5 Co Apr 134% Apr 9% 1 " Rubber Co Smelt, 669 14% 26% * Machinery Corp.. U 7c 163/s May 3,508 23A Jan Apr 23% « * "new"— 17 52% —25 2.50 Inc 200 14c 138% 141% 2% 12% 108 % 108% 24 i 400 13% 16% 17 141% 100 Co U S S 76% —50c — Co Shoe 74% *-50 Drill Fruit 16% .-20 Association Twist United 4% Jan 146% Mar Range of Prices l ast V ./» Jan Co Shop Inc Torrington Co Jan Jan 14% -- & 4 114 3% 10 100 Drug Co Stop 100 371 4 Exchange Week's Friday 50% May 16 —_1 Detroit Stock STOCKS 65% Mar Jan 1 Hi— Webster Jan 40% 16 6 Mining Rexall 52'/a 258 4 Chem Quincy 1,900 10 Companies.. RR 58% 48'/a 120% 125% _25 Co <N RR & 54% • Corporation Shawmut Mar 46 % 57% 1 Corp Electric System Mathieson Stone 24 o Racing Ass'n Tel & PONTIAC KALAMAZOO JACKSON ANN ARBOR Jan 51% Theatres Service Northern Telephone: WOodward 2-5525 Apr • * * Cement Corp New England Tel j 55% Mar Jan 10 Bakeries Inc., Star E 47% 543/4 32 1 Narragansett N 26 % May 32 (new) Boston National Jan 54 Co Kennecott Lone 70 % May 15% DETROIT Ford Building Apr Jan 100 23% Apr 16 % 53 % 100 liq dis_ General Electric Loew's 22% 41% Jan 48 3 Feb 12% 355 63% 36% —100 class A__ Co Motor Hathaway 61% Exchange Midwest Stock Excnange 57% Mar May 50 Lines Inc— First National Stores Inc Gillette 53 Stock American • . Stock Exchange Detroit 87% Mar Jan 103 13% /. 65% 476 40 13% 10 pld class B.l Ford 451 York Stock Exchange New Feo 5 6Vc $26 ' 187 Jan 179 3,059 Members 10% May Co— 6% Eastern SS Ex ' 53% 40 10 — Eastern Gas & Fuel Assoc Eastern 53 53 % Watling, Lf.rchen ik Co. High ' 6% May 233 73% 5 Inc..— Low 7% 179% 181% —* Hecla ' Range Since Jan. 1 High 70% !—25 Edison & 180% 50 Boston Pers Prop Calumet Shares 6% 100 ENDED JUNE 1 for Week Low 5 Corp™ Tel & WEEK Sales * Rungs of Prices Sale Prioe FOR RANGE Exchange Week's frliay STOCKS , , 9% 13% 29% 48% 15 5% Jan Jan May Jan May May Feb 4% Feb r" 19% Jan 21 % Jan 9 'Apr 11 16% 40 Apr Jan May 48 % May 16 % May 8\l Apr 31 % May 36 V2 Mar May 36% May 54% Feb 56% Mar 34 ' .1 * Volume 183 Number 5539 . . The Commercial and Financial Chronicle . (2679) OUT-OF-TOWN MARKETS Friday 8TOCKS Last * Case (J I) Co ' Par (Un). (Un)_ L : Aircraft Chance Chicago Milw Chrysler Corp Cities Service Co 1 1 — (Un) Fuel & Class Co ; - - Oil -■ 1 ; Records u (Un) Aircraft 2 y4 * i) de Nemours Natural (Un) 5 4 Corp Emerson Radio & Phonograph (Un)___5 Erie Railroad Co (Un) ___* Eureka Corp Exeter (Un) ' f)hrnnirl#» ^nromCie* 1 Ltd Co class A Stor»« Co class Motor & (Un) Geneial Dynamics Public l Utilities General Telephone General Tire Oil & Products Co Oil RR Corp i (Un) (Un) RR Co Foods • Nickel Paper Co International Tel &c Tel (Un) Kansas Power & Copper Corp County Land Co : (Un) • 2'/2 50c McNeill & Libby (Un)__.^ Liggett & Myers Tobacco Co(Un) Lincoln Petroleum Lockheed Loew's Co Martin • (P) H) Co & (Glenn Mascot Oil Menasco (Un) Co L) 10 (Un)_ Co (Un) 1 1 Co 1 Petroleum __i Merck & Co Inc (Un) Merritt ChaDman & Scott Middle 162'3c (Un)_—12y2 South Utilities (Un) Minnesota Power & Light (Un) 10 see page 47. • , me work Vvestern stoppage. i 30% May Union in mikiicU Next 21 —. B (Un) /• 4% Jan Jan 36% Apr 64 Co i Diego 4%% & " Schenley Industries (Un) Jan 50% May 49% Mar Feb 25% Seaboard Apr Jan 3.00 Mar Sears, Jan 33% May Servel "41 88 Apr Feb 73% Apr 29c Jan Feb Jan 2% 45 Jan & * New Solar Southern 2% May ■ Calif Jan 40% 47% May 1.15 Feb MUy 26 May 37% Feb May 28% Jan 34 Va May 84% Mar 111% Feb 30% Feb 8% Feb Feb 70 ,25c 33% Mar 38% 10% Feb 54% Apr 54% Apr 44 % Jan 51% 35% Feb 56 % Apr May 15% Mar 21 % Jan 117% Feb 45% Feb 7% May 15% Feb 67 1.00 19% Mar 22 Mar 147% Mar 53 Apr 9% Mar (N Co (Ohio) Texas TreeSweet 18% Mar 20th Jan 25 May May 21 Feb U S 1.95 Jan 87 115% May 50% 50 & Oil of Mar Co Pacific United United 4% Feb 6% May 7% May United 25% Feb Corp 31% May United Fruit 23 United Gas Air Feb 31% Mar 8 Mar 1 22% Jan 7.50 _ 48 y. Feb 25 120 Feb 69 May 33% May 23% Feb 33 y« 5 21 2 Co Jan 57 82 V* 62% May Apr Apr 71% May Jan 17% 52% Feb 84 Feb 10% Peb 28 Apr 55% May 131% May 69 May 38 % Mar 28% Apr 47% Mar 24 Apr 38% 45% Apr 25 9% May 27% Apr May Apr 8Vi Mar 1 (Un) 1 Jan 1 common w Lines Aircraft Co Apr 31% Jan U S Plywood Apr 31% Jan U S Rubber (Un) (Un) Corp Co (Un) 29% May 29% May 1 16 104% , 52 Feb 126% 65% 50 184% May a_ —10 (Un) 5 1 19% Mar Feb Jan 10 i (Un) Corp 12% Mar Feb 21% Jan —• 25 (Un) (Un)_ Corp 29 (Un) Calif Jan 26% —1 Carbon RR New common 2.30 Mar Apr 52% * 10 (Un) Inc Carbide Jan Jan 15% 5 ——5 Co Fox Industries Union Feb Apr 9% Union Jan Jan 43% May Jan 25 (Un)— Coro Coal Century 5 18'% May Feb May 49% May 49% Jan 10 Corp Union 30% May — 88 7 (Un) Jan 19 32% (Un) (Un) Airlines Truax-Traer Apr a— 41 Warrants Feb 1.75 Apr Inc Products 72% 19 28% J) (Un) Tri-Continental Apr 58% Mar • w i— —————--—-25 Gulf Sulphur (Un) * Textron American Inc common 50c Tidewater Oil Co (TJn)t. i—10 World 22% 121Y* May 28% Mar New Transamerica Jan 14% Texas Trans Jan - 9% 23% May * Packard Feb 51% (Indiana) Company ' a 6.25 Co Webster Jan 35 < 14 % (Un) i Oil Feb 44% May Inc of Calif w Oil & a— 2 Sunray Mid-Continent Oil Sylvania Electric Prod (Un) Jan 40c May 0 50c Brands Oil Co common Studebaker Apr 26c i w Oil Stone 139% May 37 common 104 Feb Jan 44% Mar — 51% May * Stanley Warner Corp (Un) Sterling Drug Inc (Un)_ Feb Jan 56 Apr .8% May 19% Jan * Standard 84% Mar May 22 31% May 5 (Un) Standard Feb 72 82% May a__ a_ 2 (Un) Co Standard May Jan 40 19% May pfd class A—25 Petroleum Railway New Jan 64 % Mar 9% May Apr Jan a__ 25 Company Jan 7 8% Apr 31% Jan 26% Calif Standard Mar 19% Mar 36 Va May 5% May 40% May Standard 69% May Apr 17% May 25% Sperry-Rand Corp Spiegel Inc (Un) 14% Mar 39% 3% Mar 22% Mar 62% 30 com—25 Pacific Feb Jan Jan a— 2% Jan 18% May 46% Feb 25 Southern New Apr 29 Southern Apr Jan 53% May 22 preferred Southern 26% Mar Feb 18% Feb a— preferred Southern 25% Mar Feb May 51% Mar 32% 52% Mar Southern Calif Gas 67c Apr Mar 58 Feb 56% preferred May Jan 35 48% Apr 51% Apr 4.56% 120 25% 109% May 25 4.48% Jan 42% Mar 1.00 Apr 83% Apr 36% Apr Feb 45% 1 Orig pfd Jan Feb 51% Feb 15 Ltd Jan ~ v* Feb*"*" 60% Mar • Co Mar 37 31 15 Edison Mar . 57% May 81% Feb 5 (Un) 4.32% 37% 10 27% Feb 21% May 20c A 1 w 46% Feb Jan 85c v 3 Co Jan Apr 34 1 Feb 17% May 35% Jan 49 Feb 27% May -1 Co Oil common Aircraft 8% May Feb i 10 (Un) Socony-Mobil Feb Apr Jan 49% Mar 15c Servomechanisms Inc Signal Oil & Gas class Sinclair Oil Corp^ Mar Apr Feb Inc Mar 40 7 % Mar 1.40 (Un) Finance Co Roebuck 19 Apr 1 Scherlng Corp Apr Jan 9% 20 Sapphire Petroleums Jan 41% Jan 50% Mar 38% 43 • common a Apr 12 23% 5 Electric May May 50% 16 - Gas 72 33% • Co (Un), preferred 106 Feb * S (Un) Regis Paper Co (Un) San Feb 45% 46% Mar Jan 34% May - 50G Incorporated—. Apr 8% May 41% Jan 1 Ry Mar 38% Jan 1 Louis-San Fran Apr 36 70% Joseph Lead 69 65% • Safeway Stores St 44% Jan 79 5 St Apr 25 Feb 25% May 44% Feb ^1 St 9 49% Mar Feb Apr Vz May 65% Chronicle. 1 (Un) Jan 28 38 Monday's 10 Corp Jan 96% 23% Jan 4*1 *©nd to publish ai, the flg- ures 35% 87% May We in- 2% 0)1 Co_, Oil 29 For footnotes . 1 Royal Dutch Petroleum Ryan Aeronautical Co - • Co Mfg Merchants 25 1 Inc (R 7 10c Aircraft Corp Lorillard Macy 4 8% Ranch Richfield A— 14c .1 Lear Inc Libby Jan 63 5 21% Mar . 10 Co Rockwell Spring & Axle (Un) Aircraft Corp 47% May 32 • 33y3o Corp Light (Un)_. Kennecott Kern Jan 22 10 Chemical & Jan Apr 65% May 95c 10c Corp (Um Laughlln Steel (Un) Industries 20% 38 Feb 12% a Apr 140% Mar 16% Jan this , FCPOrt Was delayed due 50 (Un) Gas Rice Mar 35 » Co Corp & 63 21% t .1 17% 135% May , 64% Mar 30 33!/3c Johns-Manville Steel Oil 67% May 25% May 42% Feb ■ week. transmission of the 58 Angeles 1 (Uni^ Drug Inc Reynolds (R J) Tob class Rheem Manufacturing Co 86% T/2 (Un> (Un) Corp Rexall 33% May • (Un) Co Alum Reserve May 14% May 36% J- Co (Can) Jan 39% Mar ' Feb 1% • Harvester Jones & 28% 43 Va Aviation Pictures 14'/4 25c (Un) International Kaiser Apr May 57 6% International Kaiser 12% 41 % 39% 1 - Imperial Development Oil Apr May Feb 60% -f Jan v 5 3 4'/a f. Apr 397/a LOS 1 23c 12V2 (Un) Interlake Iron Corp (Un) Mfg Co (Un) 37% May ■ Jan 65% the tabulation v Feb Feb lish i Feb 28% < 38% May 12% Jan WC are not able to pub- to Jan 33% Apr 24% May • Inc Jan 53% Mar 27 y4 1 (Un) Raytheon Republic Republic Republic 76% 10 (Un) RR (Un) America Rayonier 2.50 * (Un) Corp of 397/a 26% • Jan 24 5 International Jade -•H 50c B CorD .23% 1 Inc Central * We regret that 5 Jan 35% 1 class Pictures Apr May 37 • (Un) 14% 38% Jan 53% May 42% Jan 25 Mining Co Corp RKO Co 36 d'/z * A 3 5 May 40% May 4% Jan 25 class 1 12% May Jan - 1 , Oil Oil Jan 2 (Un) (Un) (Un>_ Incorporated (Un) Oil 60% 28 64% Apr 31 y4 Apr Apr 58 * ; Howe Sound Intex 2% 2.50 Jan 53% 3 Eng Co Rohr • Holly Development Illinois Pure 27% 1 Hotels Corp Hoffman Electronics Hunt 'l 12V2 (Un) Preferred Co C 10 . Hilton Oil Pullman Apr 10 (Un) Co ^ common__10c (Un) Ohio Corp Hancock Oil . 10 Chemical Aircraft Homestake Jan 54'/a May ;-,V. 17% May 10 Calif 19% May 13 52 10 (Un) & Northern & .'rlV ;'..o ■ 1 City Steel Co Mobile , • Co & Phillip Morris & Co (Un) Phillips Petroleum Co -ium 23% V9% Feb 1 Graham-Paige Cofp (Un) Greyhound • *■ 5 Goodyear Tire & Rubber— Lakes „ 4 of Jan Apr 2*% May 37% May 5 Co (Chas) corporati°n Jan 38 10c (Un) Humor 13% a__ Co— Co Honolulu Jan Jan * Corp (Un)__l Goodrich (B F) Co Home Pfizer Pheips-Dodge Corp (Un) May. 40 (Un), 50 31 Rubber (Un Gladding, McBean & OU Mar May 12% 1 Gillette Co (The) (Un)__ Gimbel Bros (Un) Gulf 86 li50 3 1% 50 ; (Un) 41 1.95 May 5 — 1 (U^)————————33 /he 51 2 Corp (Un)__ Co Apr 43 Vb May !l : (Un) (Un) Pepsi-Cola NOTE: 10? The 1 (Un)— Pictures Penney (j C) Co Pennsylvania Railroad 51% May * 1 World Air Feb 13 yv-y y'-, . , ! Service (Un ) Public Grumman Jan 13% . _2 General Motors Corp common.. Great Jan 216 lo i Ltd 43% <" 53% May 46% Apr Jan 48% Jan *V 25 34% May i J5 Geneial Electric Co (Un) Genet-al Exploration of Calif General Foods Corp (Un) Granite 9 , ' .* 1 Corporation Glldden Paramount May 25 78 .V 1 - Co Garrett Gladden EtfAmerican Pan i™— 71 Radio 5 Light Foremost Dairies Inc Fruehauf Trailer Co Getty 5% Apr 71% Mar Jan Feb 3>/4 Mar 35 % May 25 25 Petroleums Jan 2.75 20% Feb _25 12 « A Jan Jan Feb common pfd Jan ■;> 1 (Un) Power General Pacific .. Paper Products Elec Indemnity Co Lighting common Pacific 1 Flying Tiger Line Inc_— 1 Food Machinery & Chemical (Un)—10 General 15% Mar 87 44 35 10 preferred Pacific Feb ■ ^t^lmmons red 4.36% Feb lly2 . Fibreboard & 6'/2 May j Pairchlld Ene & Airplane (Un)___ 1 Farmers & Merchants Bank „10 Flint,kote 34% 20 % "'•i Fedders-Quigan Corp (Un) Gas Corp*. preferred 5%% preferred 16% Mar May 30% Jan 2% May 53% May 8 6% 4% 25c —. Pacific Apr Jan May a— 44c 5 Jan 3% 23% Apr « Feb 4lc 95 •_ 12 (Un) Jan 2.70 May 53% Jan Finance Apr . Oil Florida 'i 35% 215% Mar (Un) Co 50% Union Feb 3y* 79% Jan 1 Co 57 y4 We in- 34 y« lie 1 Co Pacific 14 y2 tend to publish the figures in Next ^Monday's 3 Corp Western wort St Jan 32% Jan 1 Clay Products 78 delayed due 47 1 Petroleum (Un) Mathieson Chemical 5% transmission Ot tne was Oil 17% Mar 69% Jan - 5 — May 9y8 May 1«% Apr 2% Feb , • Inc 60 % Apr 61% Mar ADr » • 1 Pacific 5% May 12% May Jan' 14y8 26 - this week. transmission of thp report to the 5 Co (Un)— Products Elect,roData Ane 10 Gas Auto-Lite Th i (Un) lish Ohio Feb 8 1 Aircraft Oil 62 50c (Un) Co Edison Olin 56% Mar Jan We regret that not able to pubthe Los: Angeles Ohio Apr Jan tabulation 5 50c - Eastman^Kodafe ^ Gulf 8ya « RR 39% Jan 26% May Feb Feb Mar Jan •' Oil Northrop Feb 8 —* 50% 46% -1 American Aviation (Un) Northern Pacific Ry nev; com Oceanic 68% ' Jan *' NOTE: 1 Dow (E Jan 26% Co Chemical Co (Un) Industries Inc. DuMont (Allen B) Labs Feb System (Un) Corporation Occidental 32% Elec North 42 % Mar 5 Central Jan Jan Jan a— 17% Feb 1 Mining & Chemical Apr Feb (Un)__ York Norris 1 May 28% 537/8 ./>■ 50c 123 " 48% 1 Inc 9'/a May '■ 5 (Un) 15% 6% May Inc Idria Nordon 49% Mav 123 we are Paso Feb Jan Theatres England Niagara Mohawk Power (Un) 18% May 49% Mar .. 94 y2 • 21 1 —— —— 10 New 28% Mar Feb Mar 85% May a__ 5 «L*» ..—— (Uil) New ,J 48% Mar Feb Mar 43 10 New Jan 43% Mar Supply Co .National ; 21% Mar '. Apr :-V v /-v" 50c ! 16% May 5 j. Apr 35% "5 __ Dresser Great * 25 (Un) Mar 16 y2 y "... 1 Corp Mar; 49 y4 y . 25 National 281 Feb 27 Mar 46% May 28% May 50 Va Mar Feb 42 3 National ' . . 39% __5 (Un) Apr 40 y4 v Inc 38% May 33% May 25 • ♦ Apr 19 Va V Motorola (Un) High Feb Feb 40% May ,_5 Jan 14 2 Douglas Oil Co of Calif Good '15% (Un) i__. w Low 30% 31 * Co Feb 22 y4 • common Range Since Jan. 1 High 2 May 24 ■:■'-V^-- - - New 69% May6% Mar' ■ : & Low , (Un) " Kiuw 10 Utilities Montgomery, Ward 62% May 25% Jan 85 Chemical Montana-Dakota Montana Power Co * 34% Jan -;=■ ^ • Co V 1 Feb 46 - 40 j - '24 :.r •< - , Marv Jan, 74% 64 y» t . 20 com 30% for Week of Prices 5 Biscuit Co (Un) National Distillers (Un) National Gypsum Co (Un) 28 y2 t, "l < 1% dS Electrical % Jan 5'/2 May *: ■■ • , Cudahy Packing Co (Un) Curtise-Wrlght Corp common Ford ■ Mar^ Muiis&iuo 33% May May 57 ■ -"V-A a - 62 r" ; j ■ . May» Development (Un) Mississippi River Fuel Feb - 50c Cuban Amer Oil Co Electric Jan _1 (Un) (Un) Crown Zellerbach Crucible Steel <«. : 25 (Un) Can Co Crestmont El > _ , U" Apr v',;: :--vv-/- Mission Sales Range Par Jan 20% 221/2 Mar ^ Oil Co (Del) (Un) Products Ref Co (Un) Pont 35% ' : Continental Douglas 24 >/2 . Power Continental Copper & Steel Continental Motors (Un) Du ', ' Week's Last 76 Jan ;-15% May 22% Feb - —2% Continental Decca ~ J • Consolidated Electrodynamics Consol Foods Corp Crane ~:"i- , Friday STOCKS 17% . Iron— Commonwealth Edison Co (Un) fConsul Edison of N Y (Un) Corn ■ . B Consumers V 1 High May 54% • 1 Columbia Gas 8vstem (Un)— Commercial Solvents (Un) - ■'/'■''■'"./■I"- , 10 Columbia Broadcasting class A (Un)_2%i - *" ~r ' 25 Diary Corp Climax Molybdenum (Un) Colorado V.- . Co.., JUNE SalePrloe LOW r 57y» ' Aircraft (Un) 1 Ohio <Unt___ ..V—^25 St P & Pac com (Un)_* <si - 13 Vought v.nesapeake High"',, ' ENDED Range Since Jan. 1 r 10 Certaln-teed Products Cessna Shares 12% Caterpillar Tractor (Un) Celanese CorD Low WEEK for Week of Prices k. ' FOR Sales Range ;SalePiice • RANGE Week's a— 36% May •— 6% Jan * 50 May 29 May — 43% Mar a— 10 Apr Apr 190% May — 17 Apr 54% Mar 32% Mar 1 37% Feb 47 Mar 5 51% Feb 62 Apr 39 The Commercial and Financial Chronicle (2680) 40 . Monday, June 4, 1956 . . OUT-OF-TOWN MARKETS RANGE STOCKS U S Oil Consolidated Universal 10 - Warner * Corp.. Chem (Uni Pictures Bros 5 — Pacific Western inc.. Lines j * (Un)____ rr Western Union Teieg (Unt ——_—2.50 Air Brake Westinghouse 10 (Un) 12% io Elec (Un) Westlngfaouse Corp (Un)__ WUllston Basin Oil Exploration Wheeling steel Woolworth (F Worthington York NOTE: are lish Zenith (Un Radio We (Un) not able to 300 68 500 • 17% 17% City Steel Co ___________12.50 39% 39% the work Gossard Feb 29% Mar Granite 25 Apr Gray 33% Jan Jan Ma* week. a._ We 23% May a__ 43 Jan 76% Feb 64 — Feb 22% Mar Feb 35 in Next Monday s 46% 26c Chronicle May 65% Mar 52% May Drug Greif Bros Oil <G) Apr Hein Werner Jan Last Apr Hupp Apr Huttig Sash <Sc Door Hershey Corp Sale Price Par Brick Central Inland Laboratories Steel Acme Admiral _• ! Co Corp Allied Allls 1 Laboratories Chalmers New Co 200 29% May 18% 18% 200 18 11% 11% 300 8% 8% 400 35% 900 34 7% 34 39 May •' 62% 63 % 600 62 % May 32% 400 22% 23% 700 (Un) 31% May 22% May __ 30 31 500 25% 44% 44% 44% 200 43% May 69 % 1,700 15% 1 American Cyanamid Investment 12.50 Co 16 200 — 26% 27% 400 10 (iii)... Co American Machine & 7 American Motors Corp American Rad & Tel Viscose Corp... (111) Co Ashland Oil & Products Atlantic 21% 180% 78% Jan 300 61 ... Paper Tel Iowa Power May Atco Bastian-Blessing Bearings 48% 76% 17% Feb 32 & City Power Laclede Landis Power <fc Gas Feb Lincoln 84% May $2.50 35 300 35 24 Mar 186% May 74 1,100 66% Jan 87% Mar 51% 53% 600 46% Feb 62 20% 21 300 15% Feb 23 % May Mar 5 Jan (George Foote Budd & c & Canadian Canadian Carrier Light.. & Co (Un) lp (Un)__ * __1 3,300 12 ii 10 12.% 300 67% 50 3% 400 3% 61% Jan Certain-teed Chesapeake Chicago Corn ' $3 Milw St 24% 1% 3,600 1% 200 143% 25 150 20% 17% 200 17 i" 26% 26% 4414 42% 44% 25 2 2 17% 18 13% 13% - Food Jan Middle South Minneapolis Jan Feb Modine Mfg 166 Apr Monroe Chemical 29 Jun Jan Missouri 2% >t Minnesota Mississippi Apr Mar 200 26 % May 34% Jan New 600 38% 50% Anr Morns Jan Jan Apr Jan 2% 200 17% Jun 21% Service 4'%% Cleveland 1,100 Jun 17% Jan 2 _* Mount 1 400 28% Feb Consolidated Container 200 12% Feb 16% 31% 100 31% Jun 36% Mar 4% 4% 4% 2,300 4% Feb Jan * 5 36% & Detroit * Oow Du Du Chemical Mont Pont (e de Flour Mills Ford Motor of 100 22 % Jan 60% 800 54 Vn Jan 23% 23% 24 200 23% 84 64 64% 150 64 18% 19% 38% 39% 9% 1,200 9 Jan General 60 132 Jan 9 x9 137 138 Co General ■; (Alan Nemours Jan (The) 3% 9% 145 64 300 200 30 Va 41 % 1,300 92% 100 40 Mar 6% May Jan 36% Apr 85 % Jan 15% Mar Jan 42 24 Va May 26 Mar 15% 15% 1,300 15 % Feb 18 Mar 66% Jan 66% 66% 100 66% 20% 21% 150 20 May 27 Mar 52 52 100 52 Jan 52 Jan 51 52 750 38% Jan 6% Apr 58 Mar 29% Apr 36 Jun 72% Feb Feb Feb 53% 18 100 18 l 12% 12% 100 12 % 29 % 29% 200 28 % 7% 7% 7% 1,300 6% Jan 700 105% Feb * 135 % 138 " 10 30% 30% 100 50% 52 650 24% 25 * 3 40% " 30% May • 150 3 46 Jan Jan 150'A May 34 , Jan 53% May May •3 Mar 8% Mar Jan 24 % .30 14 32% May 29 3% Apr Jan 40 1 40 May 51 500 84. May 95% Apr 43% 900 41% May 46% Apr 44% 44% 200 44 46% Mar "7% 5 400 85% 41% 43% 5 40% 84 > common 23 Apr * Jan May 32% May 23 % Jan May 29% 12.50 ; Jan ' 18% May 17% May (Un) 7% 8 1,300 7% 7% 1,500 4 4 7% 1 Corp 1 7% Feb Mar Apr 10% Feb Jun 10'A Jan 4 May 4% Feb 7% 100 40% 40 40% 4,200 40 May 44% Mar 25% 28 3,500 25% May 28% May 81% 300 6% 6% 1,200 5 13 % 13 % 200 7% Jan 31% 34% 2,200 26% (Un) 1 16% i 9% 14 35 Va Jan May 35% Mar 38 Jan 66 65% 66% 1,700 57% Jan 71 Va Mar 6% 6% "200 200 34% May 5 v 63 200 8% 18% 500 18 15 15% 650 14% Apr 6% 2,400 3% ".5 ii ~o " - "1 66% "15 ~t70 Corp : Co j 47. class 12 143'. „ 4 12 14% 14% 2h/ 42 /a 48 54% 58 40% 42% 34% 493/. x41% 38 Va 38 Va 100 104 45% Feb May Jan 17 % May 47% Jan 94 May 42 Mar 20% Mar 38 Va May. 44 Apr 16% May 18 Va Feb 75 Va May 17% 16% 17% 2,900 71% 71 Va 71% 350 65 22% 22 Va 22% 700 22 Va May 52% 52'A 100 49% Jan 54% Mar 40 41 300 34 Jan 46Va Apr 1,200 51 Va Jan 61 Apr" 500 16% Jan 2lVa Mar 2 Jan 40 '__ i Pfizer preferred (Charles) & Co Potter Co 13% May Apr 8% May Public Service Pullman Pure Co of Co May River Apr Mar 26 Va May 1 40% 40% 40% 100 37% Feb 45 Va 60 Va 61% 500 54% Jan 74% Mar 22 23% 600 22 May 36 % Mar 93% 96% 200 79 Va Jan 105% May 7Va 7Va 100 6% Feb 7% Mar 1,200 • 5 Tobacco class B 10% Mar 70 Mar 3 May 14 Oil Socony New Mobil Southern 52% Jan 65 40% May 49 % Mar 34% 100 34% May 42 % 200 38 Jan 45% Mar Soiegel Inc (Un). issued) (Un) Public Service Square D Standard Brands 4,300 12% Jan 16 Va Mar Standard Oil 46% 48 300 40% Jan 50% May Standard Oil of 53 54% 400 50 Feb 57% May 25 V2 25% 700- 24% May 28'A Mar 11% 11% 700 11% May 13 V» Jan 30 30 Va 300 27% 36% Apr 54 Va 54 Va 5 —— 25% 11% —— . 12- Feb Apr 58 54% May Jan Feb 12% 12% 13 Va 400 12% Mar 14% 50% 47 Va 50% 500 41% Jan 54% May 33% Jan f 36 33% 100 30 1€% 18 Va 18% 300 18% May 22% Mar 26 26 26 150 18 Va Jan 29% May 30 30% 30 May 27% 27% 63% 64% / 1 64% 70 15 2,600 100 21% Feb 500 — -55% 400 72% 36 V» 57 Va 58% 300 21 400- • 51 50 52% 1 25% 25 Va 25% 24 5 8 23% 24% 13% 13% 13% 61% 2 May Jan 34% Mar Jan 21 15 50c common Apr 15 49% - 72 May 82 »A May Jan ' 58% May 57 Va May ' common 14% Feb 5 Co Mar 19% Mar 43 3 Co Sperry Rand Corp 3,700 10,300 50 Va Mar Jan 14% May 1,400 10 (when Southwestern 41'A 1,000 1.40 (Un) Apr 17% Mar 100 Apr 35% Mar May 15% 6 14% Jun 42 31 12 A Co Pacific 42 57 % 44% 1 Oil Co 700 72% Jan Jan 5 class Strapping common 32% 39% Mar Feb 37% 14% 1* Com Southern 31 36 % May ' " 43 5 J Service & 900 65 Va 100 45 15% • Sears Steel 37% 65% 42 Va 31% 37% 65% 37% — — Apr 44 Va lo Corp Roebuck May 5 St Signode — • Paper Public — 22% 10 Co Spring & Axle St Louis - 23% • (Un) Jan Jan 6% May 38 Jan ; 16% ' 20% « Jan Jan 600 25Va ~ ' — 5 20% Jan 25 Indiana Schwitzer 18 Va Mar 23% Bros Co Raisin Mar 18 24% (Uni Corp of America Apr 28 15 (Un) Reynolds (R. J.) 32 700 (Un) Raytheon Manufacturing Republic Steel Corp (Un) Richrnan Apr.* ' Feb May 1,100 1 Company Oil Mar 3,100 8 8% — 12.50 Schenley Industries (Un) May 15 Apr 16 (The) Jan 200 Jan 9% 5% 15% .3 20% 12 13 Va 2,900 16 (Un) 63% Mar 9 200 21,700 8% (Un)_ Corp (Un) Phillips Petroleum Co 16% May 9% »/e 13'A 32 33 Vbo 100 64% May -' 2% Jan 14 11% 29 Va s' 24% 10 4,300 200 14 Feb 23% Corp Regis Paper Co Sangamo Electric Co 200 % 12% — 25 50 17% May 51% May 9,500 —— 24 % 31% 5 common Warrants Jan 240 Feb . May B_ Co Pen Peabody Coal Co 235% Jan 53 % 3 Jan 16 11% ' Rockwell 9% 34 10,200 Parker St Louis National Stockyards 65% 800 18% 19% 52 % Mar 2% 300 35% 18% 18% 55 94% 9% 80% 34% —— 18 Feb 65 80% 37% May 78 Va Jan 53% Feb 8% ' 900 19 Va 76% 16% ■„ 39 54% Corp__ 43% 51% ' 37% • 200 coi/, gs/8 May _____12 1,100 17% "*« Feb 42 300 10 47% 6% 77 350 5 9% 6% May 202 % May ii 16% 100 3A 16% Jan Co— 84% x87% 103- 92 42 16% Airways (Un)___l Radio 34% May 17% 35% May 26 % May 1 Chem Feb 26 100 240 Feb 92 1 common Quaker Oats Co 500 235 10 Jan Pan American World Apr 1,300 iiiiiii10 1.25 r • 57% 5 5 86 % May Feb 6 % May 34% 46 Jan 21 42 10 (U11) Jan 26% 202% 204 8 20 500 5 Phelps Dodge Corp 53 "~ (Un) Philco 34% ii 500 1,000 25% . • (Un) Co._ Co Apr 26% <■ Inc 41 % Mar 32% s7 10 ~~o 72% Feb 3434 5 iiiii __i_i ; Jan 1 8% 33% 25 — 1 Pepsi-Cola Co (Un) 28 com 8 Va 31% 3314 5 Manufacturing Co 98% 15%.May 3374 5 lo Power 52 Va Mar May 1,300 10 page 800 8% " 27% Jan iiihiiij (Un). 400 1 Co Ry Penn-Texas 200 iiii" 7% _io Aviation 5% conv prior Pennsylvania RR 400 b) 7% 47% (Un) 37% May 15% Inc Apr 28 % 24% Inc 70 % May Feb 28% ...iiiihihhul7.50 see 14 % 50 200 600 Mfg., Olin-Mathieson 92% Transportation._2.5o for footnotes 300 25 43 % Mar 60% May 55% Jan 80% Oak 25% 40 Inc Gillette Jan 15% 600 Northwest Bancorporation 18% May 15% Box Telephone 3% Feb 1,000 (Un) 38 % May 62% 80 % (Minnesota) 600 1 Electric Co General Motors Corp General Apr 4% Jan 40 2 York Central RR 1,000 28% __1 New Oil 38% 10 General Gibco 58 May 24% 50c & Edison 40 iii.5 General Public Utilities 23'A Apr 147% Mar Feb 18% preferred Co Tile ulno 1514 25 Lead National Ohio Feb 36% jq Contract 3 % 3 ; Jan Jan 32 common Container Jan 200 __.i_iii._h20 Corp General Candy Corp 43% Jan 55% May 41% Apr 15 • Industries 65% 1,900 4114 May ~ Inc American 21% f■ Jan 40 4 Mfg (The) May 6% iiiiih Gamble-Skogmo 38% 115 53% Company Sinclair General 22% 18% Cement convertible 66% May 27% Apr 61% Corp Sales 400 States 2% 28% new (Unj"_- Beer 49'/a Northern 30% 15 Co Luxe 47 56 21 111* Dairies Inc Four-Wheel Drive Auto De 400 200 31% May 32% May 59% May 92% May 34% Feb foremost Fox Feb 200 Jan 28 6% ~ America - Jan 35 40 Va Jan 51% 60% Corp Manufacturing 43 900 39 % 5 100 60% Eastern Elder 900, 48% 22% Pacific 200 -g% America Eddy Paper Corp 45 123'/a Northern Jan 58 1 Co i) 3*2 43% 122 39% Mar 33% 30% * common Air Lines Inc Eastman Kodak Co (un) 500 45% 22% 5 60% 10 Corp Inc 45 39 % American 300 30% Aor .iiiiii.5 Labor Apr American Car Corp___ 37% 30% iii.* (Un) 53 Va North * common. Ilium Co May Northern Illinois Gas Co 1% Mar x53 % x53% l 5% 15% May 3,000 1 Manufacturing ia North 53 % 200 2% 25 (Un) Company Edison Dodge May Jan 300 15% 36% 100 Curtis-Wright Corp Jan 32 Jan 57% 2 .10 2 May 15% 2% Cudahy Packing Co Deere 1 % 57 h' _______50c : of 27% 30% National Standard Co_. T700 1 Motors 100 52% Fuel. National 1% 13% 31% System (Un)_. Corp Continental 24% 15 Co Apr 1% 13% 31% 5 123 Cement 24% 12.50 Products Jan 1 % 25 (Un) Edison Jan 24% 16%c (when issued) Vernon 50c Napco 39% 16%c Inc Commonwealth 14 Va 34 Va 25 Chemical National common Electric Co Feb 30% May 24% Jun 7 Co Muter 30% Corp. columbia Gas Apr 13 100 4 (Phillip) & Co 27% Jan preferred Coleman 37 % 100 41% May Cleveland Cliff's Iron common.. - 1,300 13% 31% 300 Inc & River common Jan Service co Products 31% 13% 31% 500 Montgomery Ward & Co Jan 13 % Min Portland Monsanto 20% Jan Christiana Oil Corp Chrysler Corp Cities Feb 141% May 44% Mar 31% 3% (Un) Brewing 3% May Feb 18% City Jan 40% May 29% Jan 31% 3% Utilities 34% May „ 23 % 39% Co 38'A 31% 3% . Feb 22% 36% Chicago Rock Island & Pacific Ry Co.* Chicago So Shore & So Bend rr_.12.50 Towel 108 200 common__._____l Co Brick May 100 1774 • Chicago 40% "33% May * Co Metropolitan 50 • Pac 40% 3% Chapman & Scott 62% Jan 49% May 17 25 _„_.__lo & 500 Apr 38% Mar 1 Portland Cement & 200 preferred—. Paul 124% 127% 127% 9u% Jan 58 Merck 24% common convertible Chic 2,400 May 32% 37 Apr 37% Mar 26% _. Ry 34% Feb 78 550 Apr 24% West Ohio 33% 16% 800 Feb 26% America Products & 34% * Co Merritt 76% Mar Jan 350 300 143% 144% 143% 2% 30% 13% loc * Public 35 33% & 15 common Illinois 82 Va 34 V* 14% May V 62 7% May 1% h _5 Corp Central Illinois Light Co Central 79% 35 25 L) ___12.50 (Un) South 72'A May 25'A Apr 1,000 5 Co 15% 5% May 12 51% 1 Prospect Ltd & Jan 200 14% * Co Jan 9% May 29% 20c __ 5 49% 30% 5 Brewing Corp.. Central Jan 19 Va 65% 21% 14% 8.75 (Un) (Uni common Field Medusa 5 (un)_____; of 59 Va 64% 21% 14% 1 32 14% May 10 — Corp 200 Feb 100 44 '/a May 13 Corp. Corp 21% Mar 700 Jan 67% Celanese Feb 35 Jan 5% (Un) Centlivre 18 34% 40 5% Inc 350 Jan' 32% Martin 6 common Hecla 19% Jan 34% 30% Mar 5 Pacific 34% 19 13% • 20 Jan 3 Corp Super Calumet 7Vs 32 Va May 10 National Distillers Prod c 5Va May 50 com__33%c common (Glenn Jan 5 Brothers 200 1 Marshall 15% Corp Works Corp Burton-Dixie 400 5 % 32% 33 28 % 35% Company Butler > 5 % 32% 31 100 12% Burlington Industries Inc Burroughs 16 Feb 4 800 300 Corp... Gear 16 40% May 16 Va Mar Marquette Cement Mfg 17% 100 Corp Brad May 7% 29 9,000 Corp wt 40 May 1 16% 50c ciorg-Warner 40% 200 51% 29 5% Manufacturing Co Borg 13% Mar 40 • 17% 13% Corp Feb Lindsay Chemical Co common Lytton's (Henry C) & Co 29 13% __lo Inc Steel 11% 1 (Un) Light Printing • 40% Fisheries 300 preference 1 Manufacturing Co Bethlehem 26% 12% Apr 5 Booth 34 12% 12% 10 Libby McNeil & Libby Liggett Myers Tobacco Jan 13% Binks Jan Jan 33 %c Co Co & Feb 39 Mining 38% May 24% 23% * Co Machine Leath 75% May (Un) Chemical & Kansas Feb 70 Co Benguet Consol Jan 500 300 3.50 Laughiin Steel Kansas 179% 5% Corp Mar 25 40% Light Co Kaiser' Alum Apr May 52% 20% 4 Aviation 37 31 3 Jones & 800 1.50 Aelden 22 % Jan Apr 8% Jan 6% May Co___ Bendix 500 30 35% ...7.50 Electric & Knapp Monarch Kropp Forge Co 70% Co____ Baldwin-Lima-Hamilion (Un) Kimberly-Clark Corp 10 Corp Manufacturing 128% May • Kennecott Copper Corp (Un)__..._50 common Washer Jan 100 • ; Co Gas Mickelberry's Automatic 17% May 85 Rights 500 35 14% Feb 400 1 Co Tel 32% May Jan Jan 21 1,000 3*2 Illinois 3,900 78 % 15% 34% Co______:. & Power Iowa 21% 77% Mar 36 80% 26 % Mar 15"% May 24% 2% May 25 Co 75% May 33 Va May 51 preferred— Refining 21 7 Steel 179% 180% 25 Refining common 2nd conv 5 25 ; Anaconda Copper Mining Armco Steel Corp & 7 100 (Un) Co Tobacco American 'i a Stand San & American Tel American 65 1 Foundry. 30% Mar Mar 17 10% May Jan 31% 23 Jan Jan 1% 29 * Shoe Apr 21% May 32% Apr 33% 11% May 8% 1 (Un) American Athey 30% 45% Broadcasting American Can $1.50 ,, RR Products Development Interstate High Feb __ 10 ; (Un) Paramount Theatres Armour 39% 18% , ._* common. (when issued) American Airlines American new 500 11% 50c _____l Mig._______ common Low 30% 30% Steel International Range Since Jan. 1 41% Jan 25 100 lo Co International 40 __10 Akron Brass Mfg Alleghany Corp (Un) Shares 19% 300 1 International High 100 2 10 common Interlake Steamship Co International Harvester Sales of Prices Low 22 29% Apr Apr 35% 3 _* Corporation Industrial for Week Range 46% a— — Exchange Week'* Jun 15% ___i Mar A Matptlftttca if tfca mat-lot transaction* only Friday 39 V8 30% 3 50 iDdiana STOCKS 300 36 15% 1 Hertz Corp Illinois Midwest Stock 39% Mar 10 Corp 53% a__ 18% May __i Co Brewing 27% May 3 Organ Co xiarnischfeger Corp Relleman Apr 47 Jan 112% 112% __<= Hammond Houdaille 53% 17 2 25 Illinois Abbott class A (Un) Cooperage Corp 650 29% 29% 74% l Corp 22% May * • Chemical 41 6OV2 Jan 22 1 . Oil ureyhound Gulf 39c May .—- Stores Lakes 56% Feb Co H) High 35% May _ Apr 20 29 in- ^ ,S P??fu tend to publish the fig- (W ^reat Lakes Dredge & Dock Great Feb 23% Mar 19% May Union Western stoonaire Jaif — 29% 4 ures Apr 19% report was delayed due to 67% 33 this tabulation Jan 21 Low 37 66% • pub- Range Since Jan. 1 High 35% Goodyear Tire 61 Rubber Co Angeles Los Share* 66% 17% Apr % for Week Low 10 68% 28 • . Co Jan 53 regret that ___10 1 (Un). Corp Glidden a Sales Range of Prices Par High a__ ■ Week's Last Sale Price Lew . the 10 (Un) Wi Corp (Uni Corp 110c 1 Range Since Jan. 1 transmission of the Air western JUNE 53 we Virginia-Carolina ENDED Friday Share* High Low 50 16% Corp. WEEK STOCKS of Prices Pa r Ref & Mng (Un) Smelting, sieel tf ; ■; FOR w«i£ Sale Price , U ™da, Slock Exchange (Con).) Lu Angelas 23 Mar Jan 800 - -•19% 50 May 500- 24% May 27% Jan 2,100 23% May 29 ye Apr 400 13% May 16 . 58% Mar Jan 5 Inc California of Indiana 65 65 100 51% Feb 73 Apr • 41% 41% 100 40 Va Feb 43 May • 99 V4 100% 200 87% Jan 2,700 48% Jan 25 58 55% 58 115% May 63% Apr v ' I Number 5539 183r Volume . . The Commercial and Financial Chronicle . 41 (2681) OUT-OF-TOWN MARKETS * V s * f. Friday Sale Price Oil (Ohioi Stanaaiu ol Co Standard Railway 51% 13 33% 35 17% 17% 200 8% 33% 57 % 12 y. 5 Corp— Stewart-Warner Low 50 1 Stmdstrand 8% 6,500 26% 1,450 25% 1,400 Jan 62% 300 ' 47% Jan 71 % May 500 12% May 33 Vb May 14% Jan ". 200 & -5 — Texas 45% .7.50 Tool Co —~ 10% 24% Mar 29% 22% 27% Apr 200 44% May 48% Fib 100 42 % 54% May Feb 119% 119% 100 Jan 116 138% Apr Apr 60% 63 2,300 60% May 25 26% 1,150 24 Mar "147 May 62% May 14- 2 14 ' 300 58 - 60 % 2 60% 300 45% 600 "38% '40% 40% > 41 Apr 1% May " 1 1% 1% 1 Corp—-■—1—:— 25% 25% 400 7 45 Apr 2 %. Jan - Continental vCorp <Tri (Un) 100 25 Feb 28 100 25% Apr 24% 300 21% Jan 28 Apr - common—:— —1 Century-Fox Film (Un)___ "208 So La Salle St Corp.——__ 1 Truax-Traer Coal 20th 28 '23% 61 % 61% • 61% May no 31% Mar 29 Apr 63% Jan. » American American. Viscose Union Carbide 116% Carbon Corp. A 112% 116% V 103 % 700 . Jan 27 Vb Apr . 129%. Apr " 10 Electric 'fUn)_^_——... Union Union Lines Air 25 California- of Oil United U S Industries 27% 56'A 38'/2 62 62% 17 1,400 58 % 37 17 '/B . 30 Jan 1,200 52'A 700 36 Vb Feb 200 54'A Jan 71% Apr 300 15% Jan 191/4 Apr * Jan 64% Apr 43% Mar " -.4 Gypsum...:..—— S 58% 10 Inc... U 27 »A •27% " U S U - Rubber Steel S Van Walgreen Webcor Works Co $4.25 31% 200 14% 14'A Wisconsin Woolworth (F W) 14% 80 20% 20% 1,290 32 Vi 100 22 100 45% 46% 400 53% 53% 35 46% Co Machine 13% 13% 35 13% 65% Mar 23'A Feb 17 May 80 84 19% 32 Jan 37 Va Feb 24% Apr Jan Oil Ashland Atlantic stocks Week's (Un) Last Range Sale Price Avco Ohio & Aviation Bendix Par American Stores American Arundel Tel Blair Holdings Corp (Un) Co Atlantic 26% Electric Co City .6.50 501/2 Apr 59'A Jan 179% Jan 186% Feb Case 531 24 Vb 29% Mar 301/2 Apr 12% 220 12'A May 151/4 Jsn 12% 906 12 15% Mar 18 17% 18% .1.80 38% 37%' 38% -—25 - Publishing May 121/4 12 '/b 60 % 59% 62% 1 Co Soup Chrysler Corp 27% Feb 12'/2 Va,- —13 common Company' Campbell Curtis 185 2,943 27 Vb Co 1 !■_, 28% 8% 8% Delaware Power & Light common. -13% 37'A 37»A —10 36% 36 37 37% 35% . May 17% May 21% Jan 37% May 43% Jan 1,342 59% 87'A Jan 2,255 , 326 1,0(70 "" r 6 % Jan 37 % May : 37% Duquesne Light Co Electric Siorage Battery 8 27 817 % ■ 38% 296 ':\t "3,338 Jun 8% May 40% Jan 32% May 37% May 22 »A 297 39% Jan Pacific Apr I) Deposit & Finance of Co Co 74 10 74'A 74 205 Fuel Class A non-voting... 10 45 45 63 45 B voting % 10 45 45 7 45 Motor Co common Corp Watch International Martin t v 1,304 16% May 20% Mar 400 27% May 28% 40 7 42% 40 49% Mar 23% 24 ' 116 23% 18% 18% 250 17 % 30% 38b 30% series $1.40 div 6% 6% 6% "45 15% 15% 208 13% Jan 16% Mar 34% 34% 35 % 115 31% Apr 38% 32 31 32% 797 24% Feb 33% May J4 % Apr Power 15 7 177 46% 2,398 44% May 48% Feb 24% 2,671 22% 28% Apr & 24 % 23% Gas '., $4.25 Jun 15% 3 10 23% 2,717 4,772 21 -/» May 36% Mar 357 21% Jan 23% Mar 42% 42% 15 x32% x33% 33 22 VB 605 :> 30% 30% 35 50 com 33% 33% 70 29% May 31% Fib 32% Jan 37% May 926 64% Jan 75 % Mar 17% 50 16% Jan 19% 71 72 2 68 72 223 b > Mar 7 Jan 6% ,6% 38% • -* 97 42 70% Feb 10 113 ' 500 Jan 6% 35 % 708 97 41% Feb 14 . 38% 10 420 400 6% x36% x37 ... Lothrop Feb 35% Mar Feb 500 common preferred 45 May 31 % 66 67% i.1 13 % common 41 Jan 17% ' • Light 14% May 500 .100 —— Mar 40% Mar 15% 21% * 59 17 x21% x23% 50 Improvement & Jan 36 % 15 Co Woodward 45% 5,283 36% ...— Gas 190 37% 37 % com 15% Mar Feb x52 % x52% 52% .10 Co Bank Corp Washington Jan 14% * preferred.... B Ele.tric National Gas Jan 45% 10 common Scott Paper Co. Oil 9% Jun 14% Scranton-Spring Brook Water Service." United •6% 46% common preference United Apr • 50 Reading Co common Sun 34% Mar 1 Transportation Service 26% Mar 21% Jan 1 Electric 3.60% Feb Jan - 10 Corp Public Jan 15% ——16%c Electric Philadelphia Philco May 30% Corp Potomac 6,202 < 63% Mar May 10 Inc Philadelphia 51 % 1 Navigation & Co 42% 5 ■: Pennsylvania Power & Light com -Pennsylvania RR *. Pennsylvania Salt Mfg Riggs 1,546 18% 27% (Glenn L) & Pennroad • 53% 15 c * .... Resistance Lehigh -Coal Merck Mar 16% .... common CO com (Thei Hecht 45 27% i_1.66% . Gimbel I Brothers Hamilton 51% 45% May 2 (Julius) General Motors v 52% 5 Jan Mar 50o ; Dairies Foremost Garfinckel Jan 37% May 94 May Apr 38% Jan Feb 40% Mar 98 41% May Jan May 46% Jan Piltsburgh Slock Exchange Last STOCKS Par Allegheny Ludlum Blaw-Knox Columbia • Gas Pitt Home Co Glass 7% Star Plymouth Revmer & •Rockwell United 148 Bros ___ — .2.50 3 TT CO Jan Jan Jan £ 32 8% Mar Jan 58% May Jan 35 Apr <5% May 100 May — 32% 95 % 30 48% 156 36 Jan 51% May Consolidated 28 Jan 31% May Feb 1% Mar —25 — 10 —— ■ __ 87% * Engineering & Foundry Co — 5 Alloys Steel . Westinghouse Air Brake Electric For footnotes — page 47. £3% 430 17'A Jun 20% Apr 13 Vb 214 13 Vb May 16 Va Jan 39'/b 420 20% Jun 4 1 32 33 1,275 32 May 39'/a 20 20 '/a 207 20 May 23 Va Mar a45 Vb a45y8 60 Jan 51 % May 39 Va 41 % 15 100 : 15 7% 1,249 31 31% 625 31 a56% a58 148 84 'A 31% Jan Jan J'7 May 15 7V'B % May 8 5% Fob iSi Apr 30a/8 Mar May 00 Feb May 11% 220 11% May 17% 71 75 941 57% Jan 7'7 '/a May 15 Vb 273 15 Vb May 20% Mar 75c 80c 2,150 .33 33 120 11% 75c • 1.20 May Jan 41 Apr 33 Mar 00'/» May 161 53% al83/a al87/a 103 62 1,339 20% May 60 Jun 86'A 63 y4 125 55% Jan 08 Vb May a577/a a60% al87/8 70c Jan 60 60 63% 63% , 110 5% 5% Jan Jan 6% Mar 5% May » Mar 28 32%; a237/a 15% al5% alS'/a al8'/a 40 50 40 290 a20 Vb a20 Vb 80 .25 ...5 34% Feb 27% Mar Apr 10% 18% May 300 a 38'/a 15% 50 Jun Jam 24 150 a23 7/b —1 31 28% .,698 a27% a29'A al5'A — 31 31% 21 Vu 40 Apr Apr Jan Apr 43 % Mar May Mar 23 21% Mar 114 160 Crown N of (Un¬ Y (Un)—... Motors Co Crucible-Steel 64% a463A a49 ...5 12% 12% (Un)_.n Curtis Publishing Co (Un) Curtiss-Wright; Corp (Un).— Cudaliy Packing Co Di Class B common Dorr-Oliver (Un)— — Aircraft Co— Douglas Oil of Calif— Douglas Du Industries (Un)____ Inc Lab Mont duPont Co & deNemours * 32'A * —1 (Un) Data Electro EJ a6878 Erie Railroad Ewa Plantation —-—* Food Machinery & Chemical Corp 10 Ford Motor Co 5 Foremost Dairies 2 Fruehauf Trailer Co 1 General Dynamics Corp 1 Foods General Motors General Paint 8 (Un) Co Electric -- Corp new com 40 20 % Jan 35 % May Apr 84% Feb 6 .18 Apr 19% Feb 934 17 Jan 19% Feb 49% 433 48 Feb 53 '/a Apr 36 Feb a35 20 a74 a77% 90 a35 - 35 Jan 77 May " 85% Mar a47/a a47/8 50 657/b 66 Va 477 87% Jan 5% Jan 70% Mar a65 a68% 155 51% Jan 0!) May 4% Apr 130 6% May 10 Jan 308 63/b 210 % May 235 Apr 46% May 47% 47% 277 87% 50% May 87% *326 Jan 94 Va 25 2*7% May 20% Jan al878 al8% 30 14 18% Apr 79% Jan Apr 650 43% Apr 51 % May 36 37 425 23 Jan 38% Apr 20'A 49% 20'A .285 20% May 23 Apr 20 20 188 1)1% Mar 23 Jan 150 37% May 49% __ 40 —■—* (Un)— 8% May Apr " 27 a26% a267/8 87V2 20 Co Fibreboard Paper Prod com.; Co -- -* (Un) Co Apr Mar 18% a200'Aa2113/4 ....20 Capwell Co 7 •' 09% 18% al8% 6% (Un)——i...—•—1 3 Corp a35 a76'/a a206* Natural Gas Co Paso Emporium 13% May 49 ._ 1 Eastman Kodak Co (Un) ...10 Electric Bond & Share Co(Un>_——5 50 Jan 18 a <Un)„ Inc Lines Air Eastern •a26% a26% 183A 5 .—50c 1 25 Dow Chemical Co Dresser -445 Juri 8 1,500 32% ...— Fields Co Inc pfd Oil Dominguez 8% 31% class A com—5 5 Fruit Corp Giorgio -8% 33% ...10 (Un) Deere. & Co 8'/a —I Jan 48% . Jan 53% 130 ...1 32% Mar 28 % "833 r: Apr Jan 9% .119 'A May 07 % 'Jan 100 America (Un) of Co 29% 63 ..25 Feb 0% Mar 171 29% common— .—15 Zellerbach 'Corp ■ 50 Vb 40 v f -- 41 % May 40 Feb 57 326 37 398 51 % 52% 2,308 18 1,521 16% May 20% Jan 31% -- 38 64% 16% »' 37 64% 52 38 64'A 32% 881 20% Feb 3'7% Apr 58 Vb 59% 585 57% Feb 54 % 577/8 1,205 53 "H Jun 65% May 04% Mar 12 50% Apr 50'A Apr 49 Mar Vb a46% a46 V\ (Un)—• Oil Co Getty Co Glllett. common .1 Goodrich (B F) Goodyear Tire Great Northern Greyhound Gulf Oil Co (Un)_— & Rubber (Un) (Uni„ Ry Aircraft (Un)— Engr May Feb 69 % May 52 Vb May 63V4 Mar Hancock Oil Co class A Pineapple Co Ltd Powder Co new Hotels 1 7.50 (Un)—2 1/12 —5 Corp 200 3% Jan A pi- Hilton 185 27:% Feb 90% Apr Hoffman (Calif) • a45% 48 100 8% Mar 9% Apr 14 % 80 15% Apr Co— Holly Oil Co (com (Un)^ Homestake Mining Co (Un) 1 1 29% Fob 29 Fol) 34 51% May - Apr 35% May 66 15 200 4% 250 35 138 42 42% a45»A a45% 46'A 48 12% 4% 35 Feb Jan May 17 May 4% Mar 38% Mar 319 38% Jon 45% 30 41% Feb 50% May 42% Jan 49 Va Mar 465 Apr .77 77 150 77 May. 86 Apr 66% 67% 275 60 % Feb 73% Apr 2 Va 2Vb 200 1% Jan ' a42 325 153b 820 a29% a29% 15 all2 a 114 Va 163 87% 37% 37% 110 30% 12% 12% 315 12% May a44 'A a45% 150 47 a40% 12% 12V2 a453/« a46% (Un)__50c 9% Fob 15 40% May 39% Jan 2 '/b May 46% Apr 12% May 17 »/4 May 30 34% May Feb Jan 123% May Jan 29% 13% 3,804 35 1 28 9 % 6 42% 4% -- i (Un) 40% 4% 1 • Corp Corp 42'A 8 Chem Oil & Lakes Grumman Service — Great Apr 2 Corp (Un) General Public Utilities (Un) General Telephone Corp <Un) 30% 1% 1% * 10c 5 10 4 1 10 Com com Public General FawatHn 689 17% 13% 38 Jan a6% Hercules 53% 17'A * Apr 51% Jan 114 Anr 5 18% —1 38% 40 50% Feb Feb (Del) (Un)__ —5 Coim Products Refining (Un)—..— -10 Jan 31% 08% Jan 17 17% m- Edison Edison Continental 37% 30% Feb 38% 411 " Continental VOil 96% 31% 58% 177a 49'/« Mar Apr 30% 20 130 17'A 30% Jan 10 .12.50 Corp see a57% a573A .3% — Electronics Mar a46% a46 % a21% a21% Jan May 26 43% Mar 50 24% Feb ' Holly Development " Wescinghouse Apr 41/4 Mar Jan 45% May Jan s 3% 35% 1% 5 100 a44'A a44'/a 17% 13% — 37/a 89% May Jan 15 74 V* 5 __ _ 3% 5 Vu 3% May 09 209 35 % 50 300 375 99 34% 8,611 35 3A 50 ' 4% 45% 2,030 1% 163/b 82 3A 457/a 26 87% Jan 18% May 35% 500 26 Vs Apr 104% Jan a6% 30% 1% 01 Vb May Zl5 Xl% 83% 31 % Mar May 12% 33A 3 Jan May 50 80% \6VB 81 145 V 140 "• 420 4 % Jan 3% ; '20% Jan 25 a5i y8 a51'A I'eb 15% ; 42% Feb 100 al42% al44»A — consolidated Natural Gas Co (Un)_. 30% 36 % 26 3A ' 28% __ __ 100 3 Vb May 300 ' "7% , 15'/b Coppermines Consolidated xl % 34% common — Axle 25% 10 78 Jan 36% May 27% May 95% / preferred & 137 5% 56% 6 Jan May 32% _ Manufacturing Vanadium 27% 3% Mar 5% Corp Soring 26% 16%' 15% May 33 VB Apr , 47 3A ' Ruud 182 205 27% 1 Plate Glass Oil 38 5% _ _ convertible 43% Jan 15% -100 preferred Pittsburgh Brewing Co $2.50 Feb 28% 55% Mfg Pittsburgh 30% 82 36% ■- Co Gas McKinley 50 35% 36% * (Joseph) 36% 33% 15% .1 High 35% 36% 49'A 26 3A __ 12% May ' 160' 3 VB Va , Jan Mar 38c . 5% May 130 „. 3 VB 48 10 12% —10 System (Un) Solvents (Un)— General Low 15% • 8.50 _ Brewing Manufacturing Lone » 12% Jun 2'7c Range Sinee Jan. 1 High 5% _ Walker Refractories Jeannette Joy * — 1 : "Equitable Gas Go Harbison — System Duquesne Light Fort - __ — Duquesne Brewing i for Week Shares >> 240 • __ 1 —25 Co.. Iron & Commonwealth General of I'ricee Low • Steel Co Sale* Range Sale Trie* '• Week'a 950 6 12% : Apr May 43% 41% May "103 ■ Gas Flintkote Friday 33c e 44 ,• ' Columbia Broadcasting System cl B -2% Comrnercial 171% 36'A J(in 287 417a 31c 2 3 19 % Mar Jan 1145%. Jan 150 ■' 38 7/8 417b ...1 Clary Corp — Clorox Chemical Apr 23% May " 38% 1 (Un)— 1 Chesapeake & Ohio Ry (Un) 25 Chicago Mil St Paul RR com (Un)—• Chrysler Corp 7 ;-l 25 Cities Service Co (Un) 10 Columbia. Class Ford 85'A May Bait— at Amer 15% Vought Aircraft Colorado Fidelity 120 __ 5 Caterpillar Traotor Co coin Celanese Corp of America Central Eureka Corp.,—; Chance 01% 167/b 33 (Un) &. Co 39 Feb 15'A" Feb- 155'A al51% al55%.v a45 Vb (Un) Corp (J Feb 47 119 1 (On) Ry Mar 37 366 20'/a " 2% Corp " 75 - 52 VB Dry Ginger Ale:,;(Un)—.—1% Atlantic Oil Co Ltd—: 2 Canadian .—5 Baldwin-Lima-Hamilton Baltimore Transit Co Budd 28 High 53% 26% Packing a 8 ——5.50 Co— Feb 87% Mar - 5 Ink Co Feb 84 'A May 52 .... 5 10 (Un)__ ■' 65% Mar 16ya v'__ • 15 .... * Feb- 50% Mar 35 >'975 73y4, 24 Vu Mar 186 Vu Jan 75'A • Jan 58% Mar .Ian 179'/a - 430 Apr 8% May 48% 270 ' • 21 • Apr 15% Apr 20 Vi 5 1 —— - " . a36»/4 a36% ' Canadian Carrier 51% 180"% Corp Low 36 Ye 70 7 1,297 " 2 1 (Un)__„ 180 77% 16 Vb Bishop Oil Co... 179'/b 181% - IIoo Tel & Hioh Low • Co ."370 36 VB a51% :—: Boeing Airplane Co (Un) Bolsa Chica Oil Corp.. Canada Range Since Jan. t" 231 50V4 48% (Un)__— Corp Bethlehem Sleel (Un)— 112 May 48% Mar ;75 ;iA T3 '/b May -100 Mar 32 " • 4 3 % 'May m% Uan 21% '77'/a 5 * Beckinan Instruments Inc—.— 350 358 50 70y8 Jan 25 150 ' I3y8- 179%' 100 1 <Un)__ RR • 21% ; 50 lc (Un) Securities Baldwin Baltimore • *7 (Un)__13 Baldwin-Lima-Hamilton Corp California Shares P Mfg Corp Calaveras Cement for Week „ of Prices t •7 10 5 — — Wedge (Un),— Atok-Big California Sales 68 13% ..5 1 (Un) Refining Co Corp Industries Burroughs Corp Friday ''44% 68 (Un)—50 Atchison Topeka &-Santp. Fe Atlas Burlington Philadelphia-Baltimore Slock Exchange •43% 52 VB Borg-Warner Corp (Un) Broadway-Hale Stores Inc.— Bunker Hill & Sullivan (Un). 15% 26 Vu Mar a36% Borden 13% May 22% May —_* 50'A Mar May 32% May 699 —10 (Un) (111)' (Un)___J__ & Refining (Un)— Corp Co & 54 Feb 35 Mar 21'A Mar Jan May 21% May 45% May 200 Mar May 14 32% ... . Feb 15 22% Mar 51 % May 22% May 22 10 Co 32% Feb 200 80 10 Jan Jan 500 32% —10 Apr 13 3,100 ; 62% 19 Apr 30% Mar 20%) (Un). Co Publishing Yates-Amer 53% 23'A 14% Public Service World 51% 22% 60'A Mar ' V 19'A 200 ::: 53% 5 14 3,400 20 23 -12% Corp Power 14% ' 20 —.L— Bankshares Jan 750 ... Electric Jun 51% 171/4 common:.. preferred 49 J/a .1 Whirlpool Seeger Corp Wisconsin 200 5,200 31 -2% —... Wisconsin r 55'/B 31% ... Inc 50 52% 17 Telegraph Electric Corp—__ Westinghouse 49'/8 —10 ——.— Union Wieboldt Stores * 55 — Inc Western • 49 —• Iron % 5 -16% Co Corp— Dorn 17 —-1 — —- 75 32% Armco Steel 12J % May Jan 23 % Archer-Daniels-Mfdland Co Armour 108'A 23% 30%,.30%" —-25 50 (Un). Corp Co .(Un)—..—. Anaconda: (The) ,18 31% May (Un)—• Tel & Tel Co —-—100' Tobacco Co (Un)..' -25" American - - Feb 62 % 'May 5 (Un),— Radiator & S S 10% May 751 Smelting & Refining American *7% Jan 220 44% (Un).-l —>12% " "American'CyauamUL Co (Un)———10 American & Foreign Power (Un) • ' .American Motor*) (On>~—-—A | -American 47% May -21 23% (Un)—.—.1* (Uu) 'American. Can Co Jan 41,805 - ' Apr 37 65 —10 — Vi Jan 19 31%" 62% , American "Bdst-Para ^Theatres 14% Mar Jan IZIIfi :— .*■ i w common 'American Airlines Inc com Feb 63 45 - all4% all5 % *: 65 ,—20 v'AHis-Ghaimers Mfg-Co (Un) Apr 68% 27% ■ 63 25 Corp..— Radio Jan 45% 48 % 65'A 10 43% 8% 8% Apr 118 * al8y4 al8% 43,% , 45% Feb 39% 115 a58% a58 % al8y4 Range Since Jan. 1 Low nigh , High a41 a41% 5 common Shares Low • (Uni—_—25' J__ -1 Air Reduction (Un) —* ' Aileghaily' Corp (Un) —il "Allied Chein fe Dye Corp (fUn)__..._10 Jan 45% i Corporation Admiral for Week of Prices Inc Industries ACF Feb m —; (The) / Transamenea 24 ' Par ;•< .. Laboratories Abbott Apr 19% May ...25 " Trav-ler 39 % New CO———_—, Toledo Edison Co 'J. Trane ' , Jan 48% . 25 issued) (when common "Power 26 25% ...25 .— (The)—— Co "New Thor 26% ' .—1 Continent Oil Co— Company Sylvania Electric Products 14% Salts Range Last Sale Trie* Apr Mar 8 . stocks Exchange Week's Friday . 50 'A " ~8% 10 Tool Machine Sunray Mid Swift 1 :— Corp. San Francisco Stock High „ 5,000 " Stone Container Corp— etudebaiter-Packard JUNE .1 ENDED Range Since Jan. 1 High 54% 57 10 — Equipment Shares Low 7 (Un) J) (N WEEK for Week of Prices " FOR Sales Range Par Standard RANGE Week's Last STOCKS „ Honolulu Hunt Oil Foods Corp Inc. i 12% 10 —6% 95c May 40t 13% 47 Apr Feb May 44'A Jan 25 Mar 1.20 Apr 95c 400 2.25 540 2.20 May 34% 67 95c 2.20 95c 34'A 385 34 Vb May 38 Fab 65 67 420 56 'A Jan 70 May a32 Vb a32»/8 1 31% Apr 38% Mar 2.55 Jan 42 The Commercial and Financial Chronicle (2682) . , Monday, June 4, 1956 OUT-OF-TOWN MARKETS RANGE Last STOCKS WEEK JUNE ENDED 1 Friday for Week Range since Jan. ' Range for Week oi Prices Sale Price 1 Sales Week's Last STOCKS Shares of Prices Sale Price FOR Sales Week's Range Friday (Gait.) lai Francises Stick Exek. Shares Range since Jan. 1 ' Low Par Idaho Power Low 72c 68c 70c .1 Mary Mines Corp (Un)_— Idaho High 68c 57 576 „ May 28 ¥4 10,050 a31% a31% 35 34% 35 * 93 92% 93% International Nickel Co (Can) (Un)—• a 124% a 128% International Paper Co (Un) 7% 31% 31 ¥2 31% International Tel * Tel com (Un)_—-• 9 10% Intex Oil Co 2 33 %o 49% 51% Johns-Manville Corp (Un -5 Jones & Laughlin Steel (Un) *• r — 42% 45 Co Harvester International Jan 7 190 109 ¥4 Feb 30 ¥4 Feb 1,650 Oil Cement Jan RKO Pictures Mar Rohr Aircraft Apr 10% May 53% Apr. Royal 8 and 42% May 52% 35 Feb 56% May 13 May Apr A com_. 45% 49 15 — ; 1,700 ■ 15 ¥< 533 (Un) 622% a22% 43 21% Copper Corp (Un) County Land Co al21¥t al21% a 122% 114 117% Kaiser Industries Kansas Power — —— Light & Kennecott Kern Lehman 72% 74% 275 71 Feb 83% Apr/' 29% 29% 500 29 Apr 32% Feb' a9% a9% oO 10 Feb 11 % Jan 8% 8% 300 23% 23% 2 Lockheed Loew's Aircraft Inc Lorillard . 53% Apr preferred San 18% Mar k: 260 -46 22% '£1 65% May 249 22% ftl8% al8% a45V2 10 350 66% a44%a45% „ H) (Un) (R Magnavox Co Mauixcio 1 Mining.. Marine (Un) Schenley Industries McKesson & Robblns Inc Merck 72% 45% ,Apr 53% 19% Jan 25 20 / Apr Scott Feb 20% Paper Co. Seaboard Finance Co Merrill Petroleum Merritt Jan May Sears, Jan Roebuck Mindanao M J M Oil Co M Monsanto 200 28% Apr 30% Jan 206 36'% Feb 40 23 Jan 26% 55 89% Jan 94 798 32% Jan 36% May 46 Apr 46 % May 92% 92% 33% 34 34% May 50 . 32 577 25% Feb New common 1_ w 18% 300 12% Jan 18% 18% 148 18% May 20 28% 29% 810 28% May 32% 16c 16c 17c 11,550 15c Jan 23c 67C Mines— (Un) 61c 68c 6,434 41c Jan 41% 975 4.32% 40% 40% ; 515 -0 (Un) 43 43% 320 43% 44% 1 Conv Y Central Niagara Preferred RR North Jan Cal Southern Gas pfd Co 44% 44% 335 52% ai--»r 43% Mar 100 25 25 233 31% May Mar Southern Apr Southern Pacific Southern Railway Co (Un>______ 44% Jun 384 Jun Mar 36 (Un) Co I Standard Brands Inc 16% Mar (Un) 1t of California..; 12% 330 21 Feb 26% May -—1 54% 54% 248 47 Jan 60 Standard Oil i—1 (Un)—I 6 % 6% 200 16% 16% 1,301 37% 39% 950 37% May 32% 32% 529 32% 86% 86% 307 79% Jan 94% May Sunrav 20% 20% 101 Apr Sylvania Electric Products. 24 50 25 American 6% 21% 230 23% Feb 70 38% May 41 173 23% May 29% • Aviation 1 (Un) Investment 1 com preferred 5 %• % Pacific 24 25 —25 preferred 2 Northern 38 • Power (Un) Rwy new Northrop Aircraft Inc com a38 a38 % _♦ a22% 1 _ a22 % a23% , 6 % May 16% May 8% Mar .*. —6.25 Jan Sterling Drug 34% Feb Oahu Sugar Ltd Co (Un) 20 16% 16% 482 Corp Petroleum 20c 2.25 2.30 1,200 Ohio Edison Co (Un). a52 % a52 % 12 Ohio Oil Co Olln 40% » Mathiesen Chemical 45c Texas May 49% 50 40% 190 Jan 2.70 Inc Tidewater 52% Jan 60% Oil Pacific Coast a52% a54% 5 Aggregates 142 6% 1st 6%% 6% 25 5,744 a36% a36% 10 preferred 1st al0% al0% 151/8 15% 15% 5 Pacific Finance Corp (Un) Pacific Gas & Electric common 50 50% 50 34% ._20 34 1 50% Transamerica 34% Warrants Apr 25 30% 30% 27% 27% A ser 25 4.80% •■red pfd 4.50% red 1st pfd z9 4.36% red 1st pfd tr 25 25 Pacific Lighting Corp commonPacific Petroleums Ltd ; .Pacific Tel 61 29 27 140 26 26 26 150 24% a24% a25 ,-20 24% 38% 38% 1,203 al5% al5% 185 38 135 137% 137% —100 a 1 143% al43% a 17% 19% 23% 23% 23% 24% 1.50 1 1.50 315 23% 10 ' 22% 23% 92 95 New 27% 40 18 (Un) Fruit U 21 Apr Jan Reserve Oil & Gas Rheem 43 1.10 1.80 Jan S 6 1_ 39% al5 al5%' 44 (Un) 1 a54% 44% Mar Western 26V4 28% 6 : 65 63% Jun 38% Mar 29% Apr v/.: 47% Mar Jan. May 28% Feb ;/ 38% Apr 4o'/a At-r 24% Jan 27% Apr 9% Jan 12% Apr .365 22'/a Jan 29% May 641 103% Jan io% ; loo' 24% 27% 27% 57% 58% 175 35% 35%. 18% 18% 186 Jan 65 175 400 Jan 17% 33 35% May Jan 38% 38%/ 360 50% 50% 325 • 50 t; 10 54% Mar 32% Mar: 100 37% 49 -Apr 30 42%. 49% 49% 52% 55 V» 2,050 51% Jan 63 — 71% Mar 546. 29% 42% — — 63 100 58% Feb 15% 210 14'/a Jan 63 21% Mar % May 29 May 15% U.-: /Apr 187% May May 35 % May 350 : Apr: 29% 52% 15,004 • 126% 27% May 1,071 a62 % a63% 10%...!. 54% Oil RR V Feb1. 49 % May 276 , • Elec Corp 60 Apr 68 ' Mar 62 Apr Mar - 60 48 10 20% Feb Jan 5J% Mar ;.V: 22% Mar 12'/2 PeD 14 so 63% Feb 84 % May 345 - 19% 19% Feb 22% Mar 31% 31% 570 , 52% 53% 1,258 a50 a50 10 46 46 Vi 570 9% 10% 400 a86 % a87% 125 * 1.40 13% Apr / " May 611 ; / a50 —10 Feb 16% May Feb 10% ; 13% 19% IV- 10 32% Mar 43% 13 Vb :W .12% _ 1.05 1,025 a73'% a74% — —10 (Un)— 1,490 : > 48 al9% al9% ; __ sa74% .2.50. V (Un). Brake (Un) A'lr 1.20 11% 48 *. 48 |'r ._25c Co Telegraph 1.10 11 % I-/ IV 1 (Un)—._ Stores.; Union | 5 (Un) Wheeling Steel Corp (Un)— Woolworth (F W) (Un)_ 19% Mar 49% Inc Lines Pacific 1.15 11 % 1 1 ice Insurance Westinghouse Jan (Un) com — Life Dept .—I* Westinghouse May 41% 26 18 28% 3,002 , 138% May 63% May 36% F*b • common (Un) Air Western 50%.Mat Feb May 15-% May Feb 1,285 a52% a54 % 33% 26 23% __ ; (Un)-_ Petroleum Preferred 48% May 4% Mar 34 '90 a27% a27% lo Manufacturing Co 43% 40%f a26% a26% 35% [ .——10 Equipment Co West-Coast 105% May Jan 41% 175 10 63 Apr 55% May 31% May ; 22% May 10.v: 38% Inc Consolidated Westates Jan 36 22% May 78% Jan 1,260 a35% l B 345 175 Co_ Rubber Victor 75% Mar Jan 56 281 5% a35 5 Co Reynolds Tobacco class 42 27% ' 25% May 20 ¥4 836 ■H-': Jun / .Mar 28 10 42% Feb 63% < — Jan 1,185 , 119% 144 Apr 57% May 10% Feb Ftb; io% 5-jS-V?' — (Un) (Un)__ Plywood Corp.: Universal a__ Feb 96% 5% Jan 42% 50% Lines U 8 Steel Cord 140% Mar 16% 1 * 22% 659 41 % 39 ; 75 Mar 1,120 : 70 A May Feb 8 905 V 113% 114% p 50 Corp com Western • com . 51 24 »/4 • Feb 500 106 ' Apr 52% • 2,127 — AP» Jan 114 25% r 49% May 62% 62% 48% 166 J" 58 Jan .50% Jan 170 32 VB 12%. £ 18% United Gas Corp Apr Jan Air —50 common Western Ry Equipt & Realty Co Ltd Rayonier Incorp 1 Raytheon Mfg Co (Un) Republic Steel Corp (Un) 48% 2,316 6J% 25 .X, 58% i w Aircraft U S Jan Jan sugar United Jan 23 a43% a43% Radio Corp of America 49'% May 208 a26% a26% L_. . % May 87j/b 1,549 6j% 31% • J (lrn)_ old RR common United Feb 565 • a61 27 Apr 133% 1,546 a60 a61% ,_33%0 Phelps Dodge Corp (Un) —12% Phllco Corp common (Un>_— S Apr 355 ■ 2,343 8% 24 (Un)_——«- Mo California.— of United Jan a— 277 "V 1.50 19% 50 28% 12% 8 Pacific of Co Co Union %,Jan May 38 192 143% Union 30% Mar Apr, an May 27 1 Oil Feb 27 I Electric Union Jan 33% a25 100 (Un) • 101 al20al20.%. f a26% .* L : 1 115 % May (Un)___l V 24% Film Century-Fox Union 37 26 • & Tel common Preferred Pan American World Airways a27% a277/s 53% Mar 33% Apr 30% May 27% May .¥■. 460 pfd 17 48% Jan 290 29 '1 Jan " 48% — 1 '1 43% May 42 2 —- (Un) Corp (Un) Union Carbide b Carbon Mar 12% Jan 2W? a— 999 pfd red I Com Tri-Continental Apr Jan 22% 10 common— 39% 42,-: 42 25 a__ a~ " 3,477 preferred red Co Apr- 215 63% L% —25 Twentieth Pacific American Fisheries common..— Jan • __ 1' ,124% May; 15% May a52 a52%: | 25% i\,',49% • 50c r 29 8'% 25 — Jan , 27% 50% '53% a62% a64 %«. 53 __25 —, Preferred Feb 46% ; (Un)_ Jan Mar 58% Mar 13% May f?'- 1 ,—7.50 101% 23 120 13% "49% '50%> '53% 55% 7 55% '57%; I; ■' W- : (Un), 1. w Texas Gulf Sulphur Co 54% Mar 34% Jan (Un) Company common Oil 20 Jan May 23% May 96% ft 5 _______10 .19% '50 2,395 260 13% 'P 10 (Un)__ Inc Mid-Continent New Jan 17% Feb Jan Jun 35% 2,403 Vft 42 10 (U11) ' a54% Corp.——8 14% Mar N Studebaxer Packard ;v Jan 25% " — 2ft Co— 47 Jan 25% I J (Un)—.—7 r,57W- (Ohio) Chemical Staufler Textron Occidental of Co Oil Standard 17% Mar Apr Jun " 23% *24% Y' 101 Jan 20% 20 % May 23% May 20% May 23 24 i w 3o8 52%. all3%all3% %.-' ' 1 Stahuaru on Od (lud)— 42M "21% 25% ■ 25% 32 50 S?24% —f—• 12% New common : . & * 1 Service 32 14 51% • Public 32 |r 0 ; Co 25% 12% May 61% May 26% 44% May Jun ~ 40% May A."—25 ser 1 (Un) American North 59% May 282 4.24% —..1 (Un) (Un) Mohawk Apr- 25 —1 : ' N Apr Apr 82 25 4.48% pfd Standard Oil Co National Auto Fibres System / 69% J an 47% May 43% New 40 Jan 64 % 25j/2 Mar Soutnwestern Company England Electric Jan 56% 3^0 Sperry Rand Corp_ 50c Spiegel Inc common—L——2 Natomas "31% 416 80 93% Mar 43 86 % May ; Jan 934 42% Mar Gypsum Mar 64 • 276 Feb National Jan 7 Jan 25 84% May National Distillers Products 19% -Mar 3o-/B 4% May 1.00 40% May > m^y . (Un)—• com preferred 50 40% ■74 ivxay " 21% Mar • Mar 17% May 15 : Edison Co Southern Calif 32 % May 31% 31% com— (Philip) b Co bt> Mar 10c 22% Mar 19% May - May 141 Morris ■ ' a45% a45% a44% a44% w 22% ^ 24 , 29% May 2 0 18 Oil Corp (Un) Bocony Mobil Oil Co (Un) Apr a81% a85% common Jan Jan Jan 4c 300 bi Sinclair 1,035 Mar";, 51% 32%. Mar 50% May Feb 21 150 Signal Oil & Gas Co class A__. 37 26% 30% 18 Co 14% Mar 58% May : 1,084 ■ 1— New * 15- —7% 26 Chemical Power Jan 16*/4 100 300 Montgomery Ward & Co (Un) Montana 33% May 41% 8U0 ' 37 Jan 111% May Apr >: 30% Mar 12,000 . 3 30% :—— Mother Lode & 272 : 1325 i 2.50 (Un) common 26 % - Jan 1 (Un). new Co & Shasta Water Co 37 Ltd Utll Inc ; Feb 46% • 26% Chapman b Scott Middle South 50% 40 " • — 30% (Un)_ Inc (Un) Co & 11 . Jan , a31 _—1—1.40 _» — — Bancorporation (Un) Navigation Co (Un)— Matson 235 213 p .10 -1 common Calculators Marchant 33 a3l 0 —10 —20 Shell Oil Co Macy b Co 81 5 10 Elec com Diego Gas & 4%% 21% May 50 10 W -Fine Foods Inc St Louis-San Francisco By iUn)_. St Regis Paper Co (Un)— Apr 48% Ill al04%al07% 1 Co.- 30 Feb 52% May 46% Feb 46 May Apr Mar 35% - Apr 62%.Mar 54% Apr 50% Mar ■ Cab Co J10% 1 122 50 Mar 57% May Yellow 948 26% May 37% Mar Youngstown Sheet & Tube common I -■—•' (Un). — 8% 84 Jan Jan 10% Apr 102 Anr £>■ CANADIAN MARKETS RANGE WEEK ENDED JUNE FOR % 1 Friday Montreal Stock Exchange Canadian Triday STOCKS Last ■alePriea Par Abitlbl Power 6c Paper common 4%* preferred Acadia-Atlantic 5% Sugar class • -20 Algoma Shoe * """« Aluminium Ltd Aluminum Co of Canada 4%7J~pfd_ Anglo Canadian Pulp pfd Anglo Can Tel Co 4%% pfd Argus Corp Ltd common preferred Asbestos Atlas of Ba"«r of "II • 4%% 5% Nationale.—I 485- 24 May 150 22 May 24 Mar 25 102% May 7% Apr 106 Apr 7% 600 103 4,204 50y4 117 126% 49% 50 % 53 93 3,885 100 2,030 45 60 23 23% 755 121 Jan 44% May 21% Jan a46 a46 11 46 May 39% 38 40% 1,120 38 May 25% 23% 25% 2,680 17% 31% 8% Feb Feb' Jan Mar 53 54 r Mar Feb 50% Mar 25 ¥2 Apr 46% May 45 28 Mar May 5% - preferred $1.30 Canada •; 25 25 Jan 47% , Jan 33 common. Malting pfd.— Canada Safeway Ltd 5% Steamship preferred Canadian Bank Canadian Breweries of Canadian 56 Apr Canadian Canners 68 ¥2 Apr Canadian Ceianese 3.07 Jun Bronze 100 41% 41% 42 1,535 39% May 42 ¥2 Apr 63% 63 % 63% $1.00 195 62% Mar 65 Feb 39 39 Canadian 40 190 39 Mar Chemicql 47% Canadian 47% Converters 48 11,312 47 Vb May 51% Mar 1.12 1.05 Canadian Cottons 1.15 92,165 1.05 May 1.15 May Canadian Industries Canadian 6% 31 page -50 ~~ see .50 47. 6%' 30 6% 6,451 31 135 6% 28 46 Anr 8 Mav Feb 33 Apr Ltd Oil 35 .Jan 45 ¥2 Feb 230 100 Apr May 105 ¥2 Feb Canadian 52 ¥2 Jan Jan Cockshutt 100 48 51% 175 50% Apr — 12% 51% class 6% A pfd pfd— 50 44% : 39% ^Canadian Pacific a32 Ltd v Jan Maty May 59 105 Jan 28% May 36 Mar 28 % May 31 34 102 Jan May 23% May 660 97 •12 44% Feb 39% 104 36 Jan 104 Apr May Jan _ Jan 13% Jan 57% Jun 29% May 33 % 30 % Mar 33% 130 27 Jan 32 2,225 - Apr May 23% May May 33 Feb 44% Aor Apr Mar Jun 1,380 16 May 21% Mar 110 • 32 May 37 Feb 21 Apr 20 150 20 Apr -9 9% 785 9 May 5 260 4.25 Mar 11% Mar 4.50 Mar 8 Jan 9 1,434 19 May 24 Jan 100 25 Jan 41 Jan 23 1,092 20 Jan 24% May 31 May *.8 8V4 19% 32% __ Jan 2,045 a4.25 a4.25 8 Jan 5.00 32% 21% ■ Feb 38% Mar 31 31 317/a 6,543 preferred—10 28% 27% 28% 3,371 23% May 29% May • 34% 32 36% 3,025 30% 45% May 25 Wickers Farm 56 14% 40 101% May 20 * Railway Petroflna May 1,015 ' 16% a31 19 _• 34 29% 150 44% 16 a31 9>/2 20 25 Mar 100 30 • 52 105 100 51% 30 common common 235 r 31 12% 16% Chrysler Corp u 55 48% 51% 97 31 —30 Cellulose^ Comoanies 8,265 Canadian —^ — 25 & 23 V2 97% ' <jy v30V4 I; 31 ; 103 23% — 10 7,003 ; 616 390 30% * 1 series •Canadian 103 3iy4 25 38%** 39% 48% 51% '{■— 29% common aeries 100% 100% 100 I preferred L._ Locomotive '.25 29 Mar May ; : 30% •■> common 1,465 39% preferred —10 25 May $1.75 _* 50 common 2,265 Jun 31 Apr 41 8% May 3,095 High 19% Jan 3.50 May 405 ' 36% 46 35 ■ 4" 15% May 56 57 101V2 101% 29 V4 31 28% 29 35 35% 57 ^ • 34%; r t | Commerce 65 • 4,300 ■} preferred 3.07 .10 100 3.50 — l. — 50% Jun a8% 3.50 pfd—.100 4.40% commonj.., 3.07 common preferred 10 com Canada Canada 49% 3.07 a8% 35 103 y57% 57% Jun 1,040 Preferred 3.07 , 47 f 20 _• Foundries 46% — • preferred Iron 47 .•> * 100 common Canada Cement 2,996 t * ■ Power 3,145 39% ,> * — Low 16 % 38 16 * A— Products ■; Calgary $1.25 31% class Ltd 25 R Jan 137% May 49% May 51% May 60 45 26% Mills piocc Building 50% • ~" For footnotes • Apr y57% Columbia Electric Co— 4%% 42.% Range Since Jan. I High 15% 1 hares ■ £39% • Telephone .10 " Telephone British High Jan Columbia -10 Scotia— Oil 34% a23 96 .25 Montreal American Bruck Low 6,435 24% 53 Rights Brazilian Traction Light & Power-! British American Bank Note Co British 39 British Range Since Jan. 1 High 7% • Ltd Nova 37 102 II.Im Bathurst Power & Paper class A Class B Bell 50 • Rights Banque Canadienne Shares 7% ——I—10 Bailey Selburn preferred— Bank for Week 24% 126% Corp Steels Range ot Prices for Week Low ^ Sales Range of Prices 1 £ • Products Forest Columbia British Columbia Power 102% 102% 100 Steel $2.50 British Sales a22 % A preferred Agnew-Surpass Par Week's Week's Last Sale Price Funds Low 39 V STOCKS 60% • Equipment—- 6% 6 60% . 6 ¥2 . 100 1,605 Jan 60% May 6 . 8 % Mar Apr "135 50 florin* Petroleum Joseph Lead (Un) San Mar May 46% May 15% Feb 225 ■ 65% £i (Un)— Co 147 . 45 ; * 8% * (Un) (P) 15% 15% Tobacco—_ Corp Myers ; Apr 110 46%* 46% Libby McNeill b Libby.. & Feb 23% *23% 8^04% 1 (Un>_; Corp ' ' 46 ¥4 Corp Liggett 19% Mar 7 Feb 810 46% 45 St High 174% Saleway Stores Inc Corp Kaiser Alum b Chem Low High $29'A 1 (Un) Corp Dutch Low • class Co Corp Aeronautical Ryan | (Un)—25 Corp Industries RKO 37% 49% May 510 Richfield Riveibuns Feb 135 '8% Feb 620 Feb 38% 99% May 92% May 440 __ 1.30 31% Mar 34 126 Par High May 86 8 % Jan Jan Volume Number 183 5539 . . The Commercial and Financial Chronicle . (2683)"* 43 CANADIAN MARKETS V* Friday STOCKS Week's Last (B Combined Consol Enterprises Mining Consolidated Dairies 17 United 33% 35% 5,072 20% 19% 33 % May 20% 5,355 19% 8% 83/4 83/4 150 8% 13 13 100 11 7% 7% 100 100 7% May 17% Apr 745 27% * Steel & • 28V2 29 com Oi Stores 41% 370 40 Feb Paper 21 4,211 17% Jan Enamel Co 353/4 36V4 1,825 32 Jan 15% 16% 2,855 22 1,050 22 7% 7% 4,790 35 36 325 A pfd Motors Ltd Gatlneau of 31 Jan 35% 24 Jan 29% Heme Oil 9 9 150 8% May 9% 57% 57% I2V2 12% 9 9 18 ; 171% 53 22 941 52 281/e 28 3/4 955 106 106 ' —— 60 571/4 •** a9 ;i a --57% May 102 a95 V 9 • 41% May 48 a95 47 11 h 33 £ Jan 96 56 12% 47% : J a48 66 Jun 33 10% Feb 10 Feb * 78 % 48 2,535 40 Jan $2.25 a48 110 58% 77 2,600 Iniand Cement International Jan 64 100 Jan 8.60 48% 46 /48% 4,697 36% 11% 11*11 % 4,780 11 6% common..* 53 6% 52 2,300 53 ) preferred 10% •15% • com ol Canada 600 760 ,10% • 92 90 J92 % 15 —100 128% 128% $8% 50 Preferred 5 a6 '*r International Paper common 7.50 International Petroleum Co Ltd • International Power • International Utilities Corp common..5 123% 123% 33% 32% 240 a6 6% 78% 18 Vb 720 109 560 28 Jan 239-.*-240 355 202 45% (46% 690 38 % 2,455 27% Jan Labatt * 22% 22% 22% 215 A) .& Sons Ltd * Secord Lewis Candy Shops Acceptance class Ltd Bros Lower St A llassey-Harris-Ferguson 249 MoJson (Robt) 9% 9% 9 23 43% ♦ 49% class —.1 Bi * Breweries class A B & Co 4%% 8,520 340 23 % 'A preferred 17 ' 16% • National Drug & Chemical national Steel Car Corp 25 • v Jan 41% Feb 24 1,000 22% 104% 12 30 1,220 28 49 ♦ 100 18 25% 105 . common • 2 Page-Hersey Tubes 12% Power 6% Co Ltd 1st 64 3,252 41 461 39 May 51% 24 1,175 23 May 273/8 115 77 Feb 91% 5,026 22 Jan 26 12%'J12% 325 123/b May 55% X58% 68 % 55 -56% • ; Ltd B 4%% Simpsons Feb 26% Apr May 36% Apr Mar 23% Mar 23 23 275 35 35% 1,190 34 40 •23 1.15 1.20 114 1,403 a50 a50 I a9% „ 1 • alO 4.00 4.00 all 200 210 Co Jan 8% Feb 11 Apr 13 Feb 17 Mar Feb 22% 85 Jan 4 100 170 11 579 Jun Mar Feb 12 Jan Feb ■ 6 Mar 180 225 Apr 18 Mar 15% Jan 3 Apr 100 - 1.75 35% 1.75 500 1.75 Apr 35% — 36 1,331 333/4 Feb 675 40 Jan *"-'"30 28 Jtin Jan 50 Apr Jan 35% Apr May 52 3/4 Jan —,.44% -* 44%« — 28 28$ 42 28 " 10 Ltd % ,■«., al2 al5% — pfd—20 Ltd. Co < Jan 55 95 al2 205 Jan 138 22 4.00 a 12 1.90 Feb 50 200 91 Mar 109 % May 295 14 , 1.15 May a22 91 __ alO 14 a22 __ __ *' $150 22 * 1,400 "109% 113 * A a22% a22% - 43 535 37% 29% com..* 34 34 35 175 50 51 % 51 % 51% 50 6% 1st pfd.—50 pfd — > 5 common 48% 49 — 68 68 50 75 19 50 Corp Ltd * Power Bros 6% class Ltd 19 19 565 12% — pfdl—100 A 1. * 135 48 2.00 Jan 42 . t.1 May 68 Feb Apr 494); ..Apr 28 Jun 52% 73 18% May Feb Jan 213/4 Feb 12% Jan 14 pfd 1.50 6 Finance Corj) class A__ Oil Pipe Line Mountain _» • 75c Gas of Canada Ltd Amusement 66 • Ltd Corp class (L El Co Ltd Pen Windsor ■ 135 May 145 Jan 5 15 Apr 17 Feb Jan 75c Jan /•. 250 "75c Mining 47% 1.50 May 44% Jan Jan 44% 68 May 46% 51 Jan Apr 55 Apr 36 7% Jan .8 6 7,350 2.75 Feb 6% Jan Apr 11% 11% 532 11% Jun 17% 19% a20 39% 40 a8 5 11'A a — 39% •' . / 85 • 20 75 39 % Jan Jan 21 Jan 47 Jun Mar Stocks— Oil and 40 1,450 a8 - 6 * 1.25 Mar 425 68 47% ■„ „ * — 250 1.50 42%- 62% - . A_* • Ltd Ltd Hotel 1.50 —•* 41 '•—' ;,••• Feb II 140 al5 75c 75c 100 12% 139 al5 — * common Alta , Ltd Mines "Ameranium 67 Arcadia Atlas 50 25 12% 395 ■28 i 29 1,490 57% 3,523 4.00 \ 4.30 11,185 • 13% 18% A 19 13' 300 al9 , 150 13% 685 3030 * 150 82 81% • 82 81 50 pfd of 47% 47% Feb 71 J an 96 % May 11% 100 14% Feb 7% pfd.100 • Bailey Selburn Jan Oil & Gas Ltd A Baker Feb Talc 27 19% 83% *"82% 30% Mar Mines Beatrice Red 17% Mar 21% Apr Belcher 16% 21 Apr Bellechasse Feb 56 % May 65% Mar 4.00 May 12% 28% Belle 4.70 Mar Feb Feb • 15% May 31 fJan CANADIAN 705 103/4 May 18 80 Jan 92 Gold 3.70 STOCK 68% Jan 90 Apr 52% Mar 137/s 82c 1203 12c 11,500 — Oil Rare Mines Ltd—1 13c Ltd 1 1 Refining & Metals Ltd Jan Mar 2.04 May 21c Apr Apr 24c Jan 44c Apr Gold Jan 15 May May 82c May Feb 15c Apr 9c Jan 23c Apr 10c Apr 18c 3,500 51,100 13c 32c' 2.25 200 65c — 17c 2.25 — 1 9 75c 6%c 65c 15,600 45c 20c 27c 2.25 May 85c Mar 48c Ltd 32c 62,800 50c 50c 50c 13,300 50c May 20c 20c 25c 2,100 15c Mar 24c May 1 25c 24c 26c 12,500 '.—1 2.85 2.75 2.85 23,300 1 2.25 2.25 2.35 1,600 25c Tungsten Mines Ltd 1.20 1.12 1.20 8,100 1.15 Jan 2.25 May Jan 2.55 May Jan • Mines I.td Mines 13c 13Vic- 1,950 1 Corp vtc , Calata Petroleums Ltd.... 51 Apr Mar 152 Jan Campbell Chibougamau Mines Ltd 25% May 29 Mar Canadian Admiral Oils Apr Canadian Atlantic Oil Collieries 27 190 1,520 17 Ve Feb Calgary & Edmonton Corp Ltd— 21% * Calumet 54 % Mar 1 Mines Uranium Ltd Ltd Co H A R T Canuba Oils Mines 68c Mar Apr Mar 44c 42c „ Apr Feb 3.80 Apr 2.75 Feb 1.55 Apr Manganese Mines Ltd Cartier-Malartic EXCHANGE Gold Development Central .Manitoba Chibougamau Office:" Cons JOHN'S, P. Q. Central 7.20 2,000 * Denison Halliwell Consol Quebec 95 2.32 2,000 Feb 2.55 May 1.13 23,000 85c 1.00 22,300 1.20 1.35 11,500 20c 23c 20,400 7%c — 1 Ltd --20c 1 -- 1.45 Feb 2.25 Apr Jan 38c Jan 14 %c 12,500 5c Jan 10c 33,700 9c Mar 13c Jan 100 12c Jan 18c May 22c Apr Feb 17c 16,000 IOC Jan 50c 50c 1,000 50c May 1.20 Jan 1.25 Jan 1.85 Mar 4.50 4,300 1.10 4.50 May 8.50 Mar 4.75 4,300 44c , 58c 31,000 44c May 36c 40c 7,900 36c May 48c May 18c 20c 34,600 17c Feb 35c Apr 9.35 9.60 300 11 Vb Feb 3.30 Apr 1 1-70 1.60 1.75 14,700 Mines—1 85c 75c 90c 115,300 — May 1.20 Mar 20c Apr Jan 1-15 — 1 85c 1.85 8%c 15%c 53c — 1.00 Mar al8c 7c — • ' 9c — 1 2.12 al8» 16c _1 Mines Ltd Yellowknlfe Apr 1.05 _i Ltd*. May 2.32 — 1 Mining & Smelting Consolidated 9 84 85c 1 Jan 100 500 1.20 Ltd.* Apr 9 a90 - Co 8.90 14 Va 9 1.10 Ltd 5.75 Mar Jan May a90 — 1 Ltd Mines 70c 7.00 „ — Mines Cadillac Feb * Cleveland Copper Corp : Consolidated Bi-Ore Mines Ltd 2-0575 42c 7.20 Centremaque Gold Mines Ltd——1 Chib-Kayrar.d Copper Mines Ltd 1 Chibougamau Explorers Ltd 1 Phillips Square 25c 28% Mar 24,500 Mining <fe Mines Jan Jan 1 Carnegie Mines Ltd 28 % Mar 13c 18% 65c 1^.1 Jan 3,400 7,651 62c 10c Ltd 19a/4 100 Jan 21 64c Ltd_3 Ltd 55c 19'A 2 Ltd Capital Lithium Mines Ltd ! EXCHANGE 25 13%c 13'Ac — ♦ (Dunsmuir) Homestead 25 — 20Va 1 * Canadian Lithium EXCHANGE St., New York City, IHAnover 71c May Apr 19%c Jan 6,000 11c Mines Ltd. Chibougamau Burnt Hill May 47 . Telephone PL*950i Branch: 2,000 9c 140 ? 1.51 4%c Jan 1,000 23c 13 5 STOCK 15c 23c 75c 100 >9% 15c — He 52 A 40c 5,400 15c Corp Corp Mining Consolidated 2.70 May Apr 3,351 QUEBEC-TROIS-RIVIERES-SHERBROOKE-CHICOUTIMI-ST. 47. 26,710 80c al4l & STOCK Branch page 14,700 15c —1 Bouscadillac Apr 1,580 Celta see 45c 2.00 1.85 12'Ac 137/8 Ltd Lake Mining Bonnyvilie Boreal 230 Notre Dame St. West, Montreal For footnotes Apr 1 Ltd 100 18% MONTREAL TORONTO 62 William Feb 22c 1 Mines 48 25 % SAVARD ' 15c Jan —1 Ltd Gold Canadian Local Jun 13c 6,750 May Preferred MEMBERS: 9c 18,500 1 Mines Ltd J al4i • Ltd 4,000 14c —1 Aumaque Gold Barvallee 27% May 1.95 13c 52-'$ 50 Can 1-0c 2.90 40c — 1 i- Bouzan Gold 17.17% 17 • common 9c 13c 2:70 • 2.80 — Sulphur & Iron 2,897 96% Corp.: Corp Ltd Apr 69 - 12% al9 common — —20c ... Mining Nickel Mines 62 % 96% 12% Anthonian 60May 56 % : 9c 1 Ltd Mines Arno 53 57% common 1 Ltd Mines Lead Feb 52% May 19 preferred Williams 21 Jan — * Pr 133/4 1,200 * Cement Breweries 4iy8 May May 50 • Canadian Series Sherwin Jan 20 5,410 21 10 Power Westeel Products Apr 1,500 III—_io Corp common Shawlnigan Water & Power Sicks' 33% 40 % 21 __ Jan 35 38 __ Jan 1.90 Mar Jan 21 35% 4.00 Jan 33 40 com. Union May x59 f x58 11111 • Series A 4% 11 1.20 Feb 4.00 May ' 25% loo . Lawrence , a35% a35% Corp Ltd of Can part 2nd c Co United Apr 4.30 Lawrence 197 • pfd Canada Red Jan 86% • Preferred at 1.55 Jan May 76 May ' Mar 58% .86 Rights St & Screw Co Traders Apr 24% • Co 1.55 __ 6'A 4.75 Feb 3.65 68 May 7 Jan 3.75 Mar 50 45 May 25 ____ Oil a3.90f 5% Mar 90 4.25 May 100 • Trans Apr 34 86% • Royal Bank of Canada • 50 Jun 25 * Mar , 4.35 May 125 a3.90 20 Jan 19 % May 86 100 68 Paper Co Co Telephone Waterman 23 24 I* common Paper class A Rovalite 4.35 a7% 4.00 M) class Corp iTooke Jan 55 * Quebec Power . 20 a4.25 Jan 19% 400 660 a6% — Paper Co—:_2.50 common • Lt Band-Ore B 20 20 a92 68 Ltd Quebec f n Stowell Apr .50 51% Jan 247/e Mar 4.00 A - Southern Feb Jan • 4% preferred Provincial Transport Class & Sangamo Jan Jan • common Placer Development Powell River Company Power Corp of Canada Rolland Inc Grocers s 24% • cuss Apr 17% Jan 4.35 , Apr 20% a4.25 __ y 9% 7,832 4.00 Corp Ltd (Walter Ltd Jan Jan 2,700 20 a7% Ontario Corp Red Jan 39 • Products Price Bros & Can Co & 75c May 7% 21% a92 W'ainwright Producers & Refiners Ltd.l Feb 44 Paper Apr 45c 23 % 19 % __ * Securities Power Northern Feb 27 Feb 20 , Jan 51% Mar 13% • of Ltd Feb 11% May 21 __ * • 1.10 22 % 21% A—* Apr 43% 280 — L) Newfoundland 3.50 Mar 16% May cl Sec 70c 600 8 10c Paper Corp Ltd preferred. Moore Feb 27% Jan 250 Standard Alfred, Minnesota 51 % May May' 50c 8 Mexican Light & Pow Co Ltd com_13.50 Mica of Canada Ltd 10 Feb .9% Jan 2.55 Div Co Co National 61,425 Mar 103% 23% May 2,035 25 6% Jan 28 > A High LOW 97c Mar 48 May 75c 2,851 * , Motor Quebec 7% May 93 class Range Since Jan. I High a45 • Anacon Penmans Feb 52 May " Mills Steel Jan 253/8 May Apr Sales .Shares 11% 1 Mersey »Jan 26% 40% May 17 48 '*■ 57 11 10 Jan May Advert Melchers Distilleries Ltd Jan 23 .* < 29 30 , Noranda Mines.Ltd Ontario 325 al2 -s al2 —5 Niagara Wire Weaving Ogllvie Flour Jan 35 % for Week * (R MacLaren Feb alOO alOO com. 100 1,023 24 ' 23 i.100 ; ....I 1,275 24 24 i • common ' Mar 35 Exchange a45 v * A Manufacturing Ltd Lowney Apr 19% 8% 125 8 94 _• Montreal Locomotive Morgan 25 V 24 25 Jan 23 1,080 3.00'>'3.00 • - 44 47% mv2 * Class A 93 94 •. 175 .25v 7%' 7% " loo 350 225 •| 41% 25 * common.....* 10 | 9% 23 > 9 23 • - 49 Range 1 cl Corp .Engineering Works Ltd Lambert, 42% May 18% May 9% Jun Gen Hydro-Electric 50% May • 1 Paper Inv Ltd Foreign Power Sec May 22% May 1,560 * Preferred McColl Frontenac Oil 450 45c Dominion Oilcloth & Linoleum Co Ltd.* Apr 15 50 18% ♦ Power MacMillan & Bloedel class B Mailman Corp Ltd priority Mitchell 25 18% _* ... Lawrence 25 3 ^ 15 . May 22% 11% • Fleet Jan 40 ' Jan JB8% (John 163/4 May Jan Apr 22 10 * Fanny Farmer Candy Shops Inc 142% May Feb 37% Laurentide 14 105 49 Ltd Dominion 6% Mar Feb % 34 Crain 98% May* 45% Laura May 21% 5 of Prices — ..._* —; Consolidated 131% Mar i 127 & Products Preferred 11% May Jan B Consolidated Feb 6% Mar . 38% Lang Apr 17 • __ • Preferred Feb 50% Neon Class Mar Jan 127 50 5 (John) Claude Jan 59 Feb Interprovincial Pipe Lines Ltd Silk Apr 101% Mar 10 6,094 •Preferred common Power Canadian 53% May 12% Mar May 96% May 48% May 150 Vinegars Canadian Ford Jan May ' mcxel 10 653/4 May 575 11% 1 Sugar Ltd Canadian-Marconi Co 81% May 11% 50 50 49 10 Powders 97 < Jan 6% May 965 4 49 15% ''15% * Bronze i 97 100 preferred 911 Week's 94c * common Ingersol Rand Co Ltd 48 % May 50 Jan 9%v;.|9% Ltd Dredge & Dock Co Ltd.; 15% Mar 48 Ltd Canadian 15% Mar 725 ; • Dominion & Canada Jun I 520' 12% Corp Canada Mar 33 90 12%, a48 £1 Corp May 5.00 May Jan Fonda _____* Apr Jan 5 ... 55 May 14% Feb 1,526 <• 49 Low —5 Jan Jan 54% * Acceptance 49 Last • Brown Company Jari 66% Mar 96 Timber Belding-Corticelli Jan "42% 33' 12% com 112 75 • & Arcan Jari 5 - 65 Lumber Canadian 1,715 i 50 % 65 47% Ltd preferred 16% a24 % a24% Friday i Anglo-Canadian Pulp at Paper Anglo-Nfld Development Co.. Mar 10 65 ' $4.50 a24 % Par J an * a9 • preferred Industrial a23 1 Sale Frlca Apr 32 740 '41% 37 28 % May 105 May " 1 Canada common STOCKS Mar ' 50 of a23 Canadian Apr 28 Jan 25 60% 413/4 58 May cF to 00 ' 1 Oil 23% ' Feb May . 23 2 Tobacco .uii May * Imperial 68 23% - Jan 13 31% 50% * Mining 16 66 % Canadian Stock 13% Mar 1,040 •' 15% May 700 53 12 Bay Oil 898 Preferred Mar 9 4,053 • common—. Limited Abitca 68 259 24 * A Imperial 6% 200 vvv 36V2 33 Paper $2.00 preferred Hudson 57% May 12% May 23 Class B Husky 100 18 ' 52 ' ..100 class 153/4 68 « Jan 3 Smith 15% 16 Vs Apr common Howard 5.55 42 Mar 3.95 May 3.15 May 2,400 * Apr 1,761 35% Great Lakes Paper Co Ltd—— Gypsum, Lime & Alabastine New 1,184 24 common pfd B Zehers 44% Mar 25 35% ,__5 Wares Jan • Dynamics Steel 31 35 — • Motors General 7,917 9.00 * Jan 24 — -—100 General 655 3.40 * Jan 9 35 5 common 43% 153/4 * A May 24 • — „ General 17 7% May 35 1 Canada Jan May 24% ;___* common Power preferred '-I 1 '•'I-* i; Co Co's • 20 ; _ Heating Products. Players Canadian Corp inundation 7% • ; Eraser '' • 1 • com & Famous 15% 23 % • A Class class 36% May 12% 22 36% V common * class 42 8.40 ■ (Geo) 2.15 May 3.15 Jan 80 22% Mar • Corp 94,521 8.65 • V* * High 53 Feb Jan 42 Corn ^i 44 % Mar 19% Brewery Ltd Electrolux 2.90 — 4li/2 common Duquis Freres class 2.15 49 57% Apr 20% • Sec 5,391 3.20 Cotton Walker Gooderham & Worts Apr 34% 41% Ltd Canada 17% Jan Steel Weston 13 % May 7% Mar • I of 17%, 135 63% * Wabasso Mar 10% Mar Jan 51% * Oils . Low 51 Bank Rights > Range Since Jan. 1 59% - Mar 24 * Shares High 51 ... , for Week 61% « Canada— Toronto-Dominion Mar 39% Mar Jun Feb Range 2.55 Co v t Sales of Trices Low * Power Rights Jan _* OUlU Donohue Bros Ltd Pont ___ 17% common ObCCi Duunnluu Textile 5% Triad Jan 6% 15% May 35 common pfd 5% 17% Mar 75 » Dominion Tar & Chemical Ford 33 May 90 405 al6 35 Dominion Glass Dominion Eddy May 16 30 I6V4 15% zo pfd Dominion Foundries Dow 30 a Mar 38 % May 2 preferred Red 4 31% May * Dominion of 25 30 Bridge <j% Steel a4.50 ' 161/4 Coal wvuuuuU 13 Canada 1,975 _ Corsets 5% Jan Southern 6,200 9% Last Par Apr 10% A Dominion r 17% a4.50 Seagrams Dominion Jan 331/4 -- Dominion 17 10% ' Week's Sale Trice 31% B Distillers 120 STOCKS 1 High 10% x'extiie class Class Low 32% Smelting. xila&s Consumers Coibys & y » • ■ • ' Range since Jan. High al6% al63/4 . 1 Friday Shares Low J) JUNE for Week of Trices Sale Trice Par Coghlin ENDED Sales Range 8.90 May 1.48 May 40c Jan 1.05 Mar and Financial Chronicle The Commercial 44 . Monday, June 4, 1956 . . (2684) F CANADIAN MARKETS FOR RANGE Canadian Stock Exchange Week's Friday (Cont.) Last Low Par Copper Cortez Coulee Lead Cournor Zinc & 1 Corp 12c 2,800 36,200 —1 ■1.59 .1 Ltd Mines 20 %c Mining Co Ltd_ Toronto Stock Low 3.70 3.55 1.59 22c 3.30 Feb Feb 3.13 Apr Jan 26c Feb 19c Rio Producers Mines Dome Dominion Duvau * Ltd. 3.45 • Ltd Asbestos Ltd. Mines __ 1.60 11,200 Jan 14 13 % 14% 750 18c 1 . 3.45 3.25 17c 18c 2,000 15c Feb 17,200. 80c Jan 1.20 1.10 1.20 1 5.95 5.85 5.95 1.14 1.10 1.20 13% May 3,700 1 14,200 Copper Co Ltd 3.55 May Power lo % Mar Class Sulllvcn Eastern • Metals Sol Corp & Gold Empire Ltd. Co Mining Eastern El Ltd Mines Asbestos Eastern Feb Oil Minerals & 79c 6.20 300 2,000 1.08 5,300 28 %c 31c 33c May 5.50 Apr Jan Jan Feb 55c Metal Fab Mines Mines Frobisher Fundy 38 Apr 17,500 22c Mar 49c Jan 14c 15%c 39,500 * 14c Jun 28c Feb 3.80 4.05 8,900 ^ 4.75 Apr 29c 34c 38,200'* 1 15c 3.90 1 Bay Copper Mines 31c < 1 Gaspe Oil Ventures Ltd™ j 2,200 29% Feb 3.80 May 25c Mar 42c Apr Voting trust ctfs. Paeilic Cons Collieries Bollinger Cons Hudson-Rand Warrants 14c May 27c Jan Aluminium 3(jc May 65c Apr Aluminum 13c 14c 5,300 12c Mar 21c Jan Amalgamated Larder Mines Hudson-Rand Mines Ltd 750 26 1,835 al5c al5c 200 80c 1 <new)_— 80c 25% 26 1 old- 80c 80c May 22% Feb 30 Mar 9c Jan 30c Mar May Lake — 19c 19c 1,152 19c May 19c Uranium Iso Israel Jardun Jaye Mines Continental 22c 25c 12,500 19c Jan 85c 21c Jun 35c Mines Ltd Joliet-Quebec 21c 25c 10,000 1.05 1.10 730 Ltd ._ _ i. '' 1.27 1 __ — 1.05 May Kerr-Addison Kontiki Kioy Gold Oils Mines Mines Lead Ltd Copper Lithium Corp Louvieourt 1 _ 27c 18,000 20c Feb 78c 1,500 77c May 1.30 Apr 1.00 1.35 10,500 Jail 1.45 Apr 36c Jan _ .. . . Mining of _ __ . — Ltd— —1 Co 17c * 1.10 . Ltd 1 — 10c 1,000 10c Mar 13c 3.800 18c 5,000 18c Mav 43c 2.44 2.45 700 17c 18 %c 86,800 1.30 2,200 1.10 27c Feb 15c 2.50 Feb 1.10 500 27c. 200 2.35 200 81% 26c 30c 11,683 3.15 3.00 3.25 48,000 2.(14 25 24% 25 200 22% I 30c 5 * Exploration Co Ltd^ Merrill Island Mining Corp. Mogador Mining of Ltd.. Canada Ltd— Mines Ltd— Molybdenite Corp of Canada Ltd— Monpas Mines Ltd Montgary 82c 1 Explorations 72c 85c 1.20 1.27 11,000 3,70 3.40 8c l Ltd: .1 8c 3.75, Alger Mines Ltd New Bristol Oils New British p'oi'inaque New Jack New Mines Mines Lafayette 27c -v.? Apr Apr Aubelle 1.40 May 6'Ac Mar 1,000 11%C Jan 94,475 2.00 ■ 5.25 Jan '-V • Feb 1,600 Jan Ltd—1 52c 44c 56c 99,700 8c Feb Mar 27c 34c May 2.02 Vinruy & Oils Norpax North Mines Mines Mines Normetiil (1945) 43c 4«c 49,075 14c 1.38 1.67 141,500 34c Jan 29c 30c 3,000 28c May 35c 41c 7,000 35c May 8ac 1 Ltd 40c 4.50 1.07 4.85 982 1.07 1.10 1,900 ♦ 1.60 1.48 1.60 8,900 1 3.85 3.60 3.90 25,700 5()o 9c 9c 11c 37,000 4.50 46c e Apr 70c Mar Jun 2.15 Apr 5.00 * 16c 15c 7.40 Ltd 16c 20c 2o,DUJ 9c Jail 14c 16,000 13c May 3.95 2,200 12c 12c 3,500 6.80 Ltd 6.80 100 1.23 1.39 2,500 80c 23 1 Ltd 80c 80c 500 %c 21c 2ac 38,100 1 Exploration 33c 30c 37c 22,825 90c Ltd 2.65 2.59 2.70 18,550 Ltd—: " 6c Ltd.! Uranium Mines Uranium Oil 1 Mines Ltd Ltd— 1.39 Jan l l Porcupine Prime Portage Mines Ltd 1.43 i Mining Co_; 23c 10%,c .Jan 6.80 May 1.00 15c 7.90 21c May 30c May 1.77 Jan 1,500 5c Jan 39,800 59c May 16 14,575 55c 75c 7%c Jan 18 1.00 1.40 1.45 17,650 75c Mar %c 23c 163,050 15c Mar 36c May 33c 40c 16c 17c 18,500 33 Vac 40c 52,850 1.00 May 16c , 2.00 2.10 May 14c 19c 86,600 11% 11% 450 Smelting Refining Ltd Mining Corp Ltd 1 Quemont Gold Gold Mines Mines Ltd ~~i Ltd—~ ' Ltd— (1944) 9c 16,000 74c 61c 27 27 % 1,000 21c 27c 70,300 75c : [ 8.45 9.00 92 c __ i _ Ltd—_ , Mines Mines Ltd 2.05 — 1.68 132,000 Jan Mines Oils 10 %c Jan 11'/a Mar Lithium Mines 900 Amulet Wendell Wilrich Mines Pyrite & Mineral Oil Mines 6,500 41c 600 21% 46 46 245 45 May 55 56 210 53 Feb 26c 29 c 31c 7c 44c 1' eb 400 3.50 3.50 3.50 555 97 99% 25% 23% 25% 18c 20c footnotes I Ltd see page Feb 47 Jan 97 ' - 7,500 11c 8c 43c 33,400 35c 20c 24c 73,800 17%c 2.13 2.25 40c 40c 21c 12 100 14c 41,400 12c 52.700 14 2,280 32 780 Apr 21 %c • Apr Apr 74c Mar Jan 46c Apr 10 % 2.45 Mar Feb 9c 11 %C 13% 13% May Jan <• He 13% 11c • 16 %c May 2.60 2.75 6,920 50% 49 % 50% 1,473 57 65 % 3,551 57 3.60 3.60 3.80 3,335 33c 32c 34c 7,300 31c I,000 9c Apr 67c 33 Mar 10 %c 10 %c * 47%' Jan 57 May ■ 10 %c —i 1 2.15 B A class 15% May ? Jan 31 1.60 39% w • 3.10 May Bros : Co — Mines Quebec , Feb 26 1.25 Feb 30 Feb Bibis Black 7.75 Feb 50 2.50 2.10 2.50 132,590 2.15 2.17 47% 47% 48 1.05 1.15 12 %c 12 %C Feb Mar 65% May , , 46 43 %c Apr Jan 3.40 , Jan 13c 11c 2.44 Jan 19 May 20% Jan 1.10 Feb 3.10 Apr 2.08 - 71c Apr 2.30 Jan - 51% Mar 87,862 1.35' 47% May 1.05 May 1.15 May 2.60 1.35 2,300 May 13,372 - 13c 2.50 36c --1,700 46c 11c 12,700 5,384 - 9%c ' • 600 Feb Jan 90c 1.00 32,124 85c 70c 82c 15,000 70c 8,300 11c 1.45 May 11c ll'/ac Mar 172,500 28c 1 24c 23c 28c --1 2.76 2.74 2.90 25 25 200 10c 13c 60,933 5.30 5.35 1.05 1.10 6% 6% Bowes Gobi Mines Ltd--. Gold Bralorne 10% —* 1 Mines Mines Brazilian Traction Tank Apr & 1 2—: 6% common preferred 3.00 ' Feb 16c 8,500 Mar 61c Apr British American Oil 3 dc 1,000 28c Jan 55c Feb British Columbia Electric 30c May 4ac Ftb 3,309 3,100 38%C 49c 121,100 21c Jan 70c May 32c 1,500 32c May 45c May,-. 10c Jan 23c Mar 19c 35,700 12c Jan 2Gc = 85c 62,500' 400 601 9,167 48 15 3.00 3.00 195 1.40 1.50 47,840 1 2.90 2.80 3.00 8,483 • 39% 38 % 39% preferred 100 preferred—_———— 50 4%% preferred — —50 4%% preferred *— ~50 101 100% 52 51 52 47% 47% 48 % 47 46 ■% 47 l.'O 91 91 75 Mines Britalta Ltd Petroleum 1.25 II,347 43c 2.12 24 Mar, " Feb 10c 4.90 98c 6% 47 2.55 ; , • 6.60 May 50c 1,000 POc 1,500 80c May 44c 70c 211,900 19c Jan 70c May 3.85 . \ Feb 2.31 Mar j 6 00 Jan 1.45 Apr 8 Apr 49% May 5% luC 3,000 16c May 16c 18c 1,000 18c May 3^c 2.10 Apr Jan 4.30 Apr Jan 45% Mar 106 6.85 300 100 — 99% May 175 I 50 May 55% Jan 335 47 May 52 Jan 51 Feb 95 Feb 46% May 90 j Mar ,v 2.30 500 2.50 2.45 2.63 21,825 14 14 300 "l 68c 56c 72c 130,200 ^ 8%c III""* 1_ 1 IIIIIi 80c 75c 80c 15,500 36c 32c 37c 120,500 48c 48c 48c 1,000 25c May 1.10 Mar 8.10 40c 1.67 Feb 2.88 30c May 48c Gairdner S 60 Wall Jan Company Inc. Street, New York 5, N.Y.—WHitehall 4-7380 Jan Apr Canadian Affiliate: Gairdner & Mar 2.15 May 3.10 1.98 3.10 Mar Jan Jan 8c 9c 14 44c 7c 31,000 May 15 Jan 80c The Investment Dealers' Association of Canada Jan 14%c Jan 94c Mar Feb 45c Apr %c Feb 68c Apr SECURITIES .. 41 - Montreal Stock Exchange Winnipeg Stock Exchange Vancouver Stock Exchange Apr 59c 14%c Toronto Stock Exchange Canadian Stock Exchange Mar Apr Company Limited Members: . Feb 275 101 Jan 6.85 — May 18c preferred Apr Jan 3.00 May Jan Co— 4%% 4'/o ADr May -. Jan 1.25 May 35 Feb 25 Jun 16c Feb May , J8c .. Feb - 21% May Feb 85c' 6.50 Jan Feb 28c ^ J May 12%c Jan Jan 5.05 Apr 1.65 17c Mar 17c 6,000 1 Rrilund May - 48 50 Warrants 1.14 May 12c • Petroleums Bralsaman Apr — Company Boyninr Mar — Mar 15 Apr 2.90 1.90 May 11c 20c Apr 17c 1.10 78c 24 %c Apr 63c Jan 2.30 Mar 8,280 - 20c Jan 43 % c May 28,500 1.00 • 1 1 M>aes 9c 2.30 Mar 3.25 7% Jan 1.90 Mar 5,000 * 14c 44c 1 Ltd——_i— Uranium Gold 20 % : ; Mines Bay 20% 1 : Warrants Bidcop 20% 1 Mines Uranium 36c • 1 Ltd Mines— Yukon Bicroft ADr 39c 13%c 14,200 j Apr 61c ' 25 _ Mines 2.35 36c 1 — Telephone 2.05 36c . * * 1 common——• Corn Mining 6%' 2.35 1 Uranium Lodge Lumber 25c 21,700 Jan 19c ■: 6V4 May 225 6% * — —— ————— 59c 25c Feb Jan 1.25 „, Mar 1.25 32,149 Apr 2.60 May 39% May " Jan 25c Feb 62 , Jun l.o5 Jan 14c Apr 1.09 Apr 76c Apr 3.80 17c 4%c May 27 %c May "■ 68% 40c ' * Jun 2.33 May 56 ' 1.00 May 200 40 | 2.05 •'2.27 Feb Jun"*' '■». 3.60 Feb 17c Jan Jan 8.80 25 31% 125 609 2.40' Jan 24c • 2.13 May 2,000 12 11 %c 12 May May 27C ' Jan 17c 4.00 Mar 28 ' May 47,500 13 %c Feb Apr 99 % Jan 12c 12%c 14c Feb 52c 14% Feb 13c Jan 70c ' May 38,400 Apr May 57% May 17% 63% Paper & 2,500 33c 47. - 5,368 63 Power 10C 30c _ 65c 3.50 Mar - 90 75,000 30c 900 Ltd— Ltd Ltd Jan 25% 12% Mar 29,300 Jan 35c o Products Co 15c 31,600 • 12% 37,565 14c 5.60 32c Apr 80c Jan 30c 44,200 33C 13 % 31c 33c 13% 16c 1.00 6,500 Corp Ltd Apr 2.05 May ■ Mar 23 33c 10c 25c Ltd Cooper Petroleums For 51c 98c 25c 2.41 I Jan 28% May 90c Bouzan 50c> Corp.—IIIIIIIIHHi Mining Westburne 43c 14 %c Apr POc i Ltd 1.98 25%c May 1.72 May 900 27 %c Apr 19% 25c Ltd Jan " " 11c 45,500 16c Ltd 14% 18 * Mines **T'»*:tville 2.05 30c Mines 32c i Ltd Jan 13% May - 90c Uranium Petroleums Bouscadillac * Ltd Asbestos Corp Ltd™ HI HI Montauban Mines Ltd-I Apr May 53% Jan • * * * —* Mining. Metals Apr 30c I Ltd 22c 4.75 Mar 3.45 64c Petroleums Weedon 24% 43,700 14,900 CANADIAN Waite 100 14c 2.52 Apr 5.05 __ 18c Mines Ltd Virginia 25% 12c Apr 16% Mar May 1.12 Jan 19 ^ Mines ViolaMac 1.00 2.45 Bevcon 1.60 May 5.60 46 %c Ltd——III— Tiblemout Gold Fields Ltd.—III'll"I" Torbrit Silver Mines Ltd™ ' ' I Valor 32,150 46 — —— Beta Gamma Mines Feb 32c Ltd 12 1,800 1.20 2.45 • Lake * - 51% May 55 13 1.00 Apr 7.40 Mar Feb " 1 35c — 27c "II* Standard Gold Mines Ltd—___ ~~i Steep Rock Iron Mines Ltd—Hi Sullivan Cons Mines.: ~~1 Mines 8c 25c l Ltd Mines 8c ' 3.70 Jan 12 25% 1 * 1 Ltd Co Bridge Soma-Duvernay Gold Mines DuffaiHt loc * II* Mines.. Sherritl-Gordon United rr? 53 '' May 8 %c 12% ——1 Bordulac Mines 31,100 21,700 United 200 * Bell May 500 May 2.30 United 21,000 14 1.50 2.70 Jan Feb 2.70 31,980 Belleterre Mar 33 %c May 20 - 12% 95c 2.20 Uddlen 16c 8c Belcher Apr 210 1,600 2.10 Trend 22,807 14c 6c Beaver Apr 1.08 2.10 -°bnr 2.95 5,200 Beaver 1.20 Mar 15% 2.15 Tazin 2.70 1.12 Beatty Apr 1..00 2.20 Tarbell 5.80 1.00 Mines Class Apr I Tach'e 1.55 100 Beattie-Duquesne Feb 3.00 19% l Stadacona Jan 7,900 1.07 Mines Bathurst Apr Feb 8.50 Copper South 71c - 165,062 1.30 Mar Chlbougam.au Gold Fields Ltd Sisco Feb May 13,908 Bata 1.39 May Feb Quebec Crest 21c 85c 71c Apr Feb 6c 17c Quebec Labrador Develop'mt Co Ltd—1 Quebec Lithium, Corp ± ; j Quebec Oil Development LtdI Feb Apr Jan 67c Baska Feb 70c Quebec Ltd—:.—. May 52% 11c 1.20 13 c Apr 137 32c 53 ———————-—1 Mines—————1 -—--—1 —1 Cons Bonville Corp '122% 6,500 69C Base Jan 64 59c 64 Vac 13 % 33 %c 1 • 7i,a§o 2.20 12V2c —_ Mines Barymin 3.95 May 1.00 1.08 Jan * 75c 8c Jan 15% 1 Ltd Co 60c 15 '/a Jan Feb 10 Feb 5.85 1 — —— Barvue May 17c 13c 1 May 93 49% May 2.00 1 1 1 — Mines Ltd Bankfield Jan 9c 3.90 I Ltd Mines Pater Red 955 13 Apr Jun Feb 14c _25c Petroleums Quebec 100 1.12 19 %c Mines Mines Bankeno 1.30 May 2.40 3.90 Li _~_III* Jan 19% . Feb 93 2,209 1.15 • Mines common Rights Apr 2.00 l Corp Cons Phillips 2,975 50% 14 —— Feb 1.48 May —1 Ltd Panel Pitt Gold 103 117 125% 95% 49% 15c Selburn Oil & Gas class A—1 5% preferred 1 Banff Oils ——50c Bank of Montreal 4 10 Bank of Nova Scotia 10 52c " Feb Openiisce Explorers Ltd 1 : l Opemiska Copper Mines (Quebec) Ltd_l Pacific 6.50 May 2.90 Bailey Apr 46c Ltd— Mines & Oils Omnitrans ——. . Electric Beaucage OkaIIa 1,980 , 5.85 50 Mines River Bagamac 3.20 May (54c 1,66 Oils Uranium Obalski 94% May 7.50 53c 13% May 60 6.60 1.20 -50 1 — Aumaque Gold Mines Gold Mines.™—.——: Auto Apr I 1 Ltd.; Mining Oils Land Nu-Age 6,340 90c : Apr —25c Ltd— Ltd—. Copper Mines Ltd Santiago Mines Ltd Spring Coulee Oil Nocana 15,232 16% 96 '/a ■--* , i— Aunor Apr I. 1.51 Asbestos— Coal Rim Jan 45c 23 Mines Aumacho 1.74 Mar 2.03 Roy run New 29 %c 53c 15% 48c Barnat New 1.75 Mar 43c * Yellowknife Atlas Jan 1.20 May 1,500 1 Nickel Apr 43c Atlin-Rulfner Apr 1,500 New New 1.40 65c • —™—4———-I— A tjas, Steels 5.00 27c l New 850 16c 16 %c 1 Ashdown Hardware class B—_-—10 Ash Temple conltaoh—:—4——* Ash Temple class A 100 29 1.53 Mining Corp Ltd—i Manitoba Gold Mines Ltd- Pacific 1.50 1 Mines Jan 3.10 Newkirk New 1.40 — Jaculet Jason 2.10 75c Metals Corp Ascot r Mar 95 Gold Arjon Jan Jan 1.52 Lake Uranium Mines Ltd New New Apr 16c 20C 1 common Apr 2.89 ..1 Feb 1.40 --•» Resources preferred Aviliabona 1 —, ; Oil Jan 2,600 ' —— 40c 2.89 Ltd Mines . May Ltd—40c : Dominion New Jan 70c . New $2% Feb 5.20 Jan. 26c 8,700 1.20 1 Apr 35c 1.85 _—* 1 Corp Argus Apr 2.50 40c May 86 Mercedes 27c May 65c 1.70 — Nickel Corp Mines Area Apr 24c Jun 27c 3.00 It.- 189,332 Jan 85c ' 28 %c 1.76 $2.40 preferred 3.00 1 Mar 125% 1 Petroleums Arcadia 19% May Jan 1.14 85 % Mining Corp Ltd_i.i Mclntyre-Porcupine Mines Ltd—: Mar 50c 10 % Mar 62c 4,000 2.20 Consolidated Apex Jan 17% • Maritimes 9 23,000 57c Jan Jan 18c 20c _ 19% 10c 1 — Canada Goldfields 19% * Ltd Mines _ Lingside Ltd. Ltd Zinc 25 85c 55c 102% Anglo-American Exploration. 4.75 Anglo Canadian Pulp & Paper pfd—50 Anglo Huronian * Anglo Rouyn Mines — ——Anthes Imperial ————" Arcan Keyboycon 9% 77c 50 — —— Develop—; Lead Mines Anatoli Jan 77c 1.00 8V2 Mar 7 9% »u — Oil Amurex Jan 2.09 25c 27c "' ™1 Ltd... Mines 21c 1.05 1 trust voting Explorations 1 Ltd- Co 840 7.50 Neplieline American Feb 1 ™.i——, Oil Apr' 7% 1 pfd Leduc Petroleums Ltd American May 22c . 1 Jan 33c 96 % common 4%% Co Mines Anchor Indian 30c Jan 16% * Algoma Steel — Ltd 2,500 64,000 5 Ltd— Ltd Apr* Apr 17c — 15c . - Mines Mines 106 May 15c 53c ' ——---1 .—100 38c • Ltd Gold Gold 102 5,000 Mar Amanda HiUcrest 15 15,775 21c 1.50 Oils 14c , - 17c 18c 35c • * 30c 13c 24 % Mar Apr 1.85 * —— 14c Mines & Metals Ltd_l Apr 21% May 57c debs Uranium Uranium 5% Algom 12% 80c 1 ——— common Alberta Algom Jan 10% May 15 %c 9% * 38c • Ltd Gui-Por Uranium 40 32c 26c —— Mines 31c a34 32c « Ltd Grandlnes 31c .III Ltd— (15)45) 50c Mar a34 Ltd- Falconbridge Nickel Mines Ltd Fano Mining & Exploration Fontana 30c 26% 7% *0 —---■—r—~ — Distillers Alberta 1 May 1,000 102 102 42% 17c common———* Explorations Ltd Alba 22%,. May Feb 383 ——-—— Preferred Apr 10% High 80c May 21c Mines Ajax Petroleums — Akaitcho Yellow Knife 19 %c May 24 22% —100 * —— — Surpass Shoe Agnew 815 10 % * com Acme Gas & Oil Jan 7.60 10%c Jan 33c 1 Inc 70c 1.000 79c 1 1.50 4,696 25 ■ Preferred 6.75 Mar Jan 6.20 ' - 'III Ltd Corp Ltd 96c 14 %c 14 %c Ltd Smelt Mines 5.75 May 39% 80c 24% A Acaciia-Uranium East G4c 34% 37 24 % —25 — Sugar Atlantic Acadia 26 %c Mar 3.U0 preferred 4%% Low 1,281 39 common—— Paper 6c Range Since Jan. 1 Shares lligli 64c 1 Ltd— Mines Abbican AOHiul Del low Par for Week of Prices Sale Pries 13 %c May 5c 7,000 Last STOCKS Anr Sales Week's Range Friday High 6.65 Jan Exchange Funds r«nadian 1.20 300 . JUNE 1 Range Since Jan. 1 < High 11c 12 %c 3.70 1 Cliff Consol Mining Explorations Ltd Shares of Prices Sale Fnoe STOCKS WEEK ENDED Sales for Week Range Wire system to all offices ~ Volume Number 5539 183 . . Commercial The . and Financial Chronicle (2685) CANADIAN MARKETS RANGE Prliay Week's Last STOCKS British Columbia Forest Eritish Columbia Packers Class Products class • A Power Telephone Co Brouiau Reef Br una ton 46 y4 47 1.38 1.55 10c lie 1 12c Mining 1 1 . Buffadison Gold Mar 15 41% Mar 46 52i/4 Mar May 1.38 Jan 2.15 Apr 18c Feb IIV2C 12 %C 10,250 11c 15c Jan 17C 15V2C 20c 49,500 15 %c May 60c Jan 10% 10% 10% 1,195 10 % May 14% Apr r. May Jan 10c 12c 34,300 8c Feb 14c Feb 73c * Buffalo Red Lake 17 9Vac Jan 73c 1,000 66c Feb 90c Jan 17c 1 Gold Canadian Apr 36% Jan 513 Apr 12 % Mar 16.556 20 18c 17,500 14c Jan 30c Feb 17c 9 9 35 35 610 13c 1 11c 13c 30,850 15c 17c 18,500 . 10 6.000 8c Jan 14%c Apr ' Building Products • Bulldog Yellowknife Gold 1 Bunker Hill * • Burchell Ext 1 Lake Calalta Petroleum Calgary Power Flin u Calnorth Calvan Mar 28c Feb 42c May 42c 50c 8,260 28 V2 28 28% 180 28 Apr 31 12 11% 12% 2,205 11 Jan 14V2 Apr Apr 1.10 1.20 26,500 54c Jan 23% 25% 10,025 19% Jan 28% Mar 57 55% 57 2,435 55 % May 571/2 Mav 102 % 102 %. Oils * ' i 10 23c 40c 42c 19c 11,000 5.00 5.00 5.10 1.58 102'/a May 38,500 40%<? 900 1 Oil 19c 21 %c- 1 Apr 105 Feb May 32c Jan 50c 15c 5.00 Feb Mar Apr 5.90 Mar ' Campbell Chibougamau Bread Canada Cement Preferred I Canada Crushed Canada Foils . Cut class Iron Canada — Oil Canada * 30 - 35 1 L' 2,382 - 253 105 100 ■= 35% 2,225 103 103 % 285 58 57% 58% 23% 23% 1,270 2.10 2.35 36,700 ■ ! 345 2.85 2.70 3.00 6,990 1.75 Warrants Jan 6.00 28% Mar 3.00 May 23% * _ —26 i —. 29 Va 8% 35% 18% 325 100 16% 103 common 16,171 - 31% 8% * —— . 10 Lands 3.00 16% ;' •\ * — ——u-ZiZ ExDlorations Met 6.00 29 31 iZ, Foundries— Malting Preferred Can - 29% 1 Stone A 4%%' preferred Canada • 20 common—. *. —- * common 21 6.00 3.00 1 . 19% 20 1 Campbell Red Lake Canada 1.71 1.85 3,900 May 7.35 - Jan 4.00 Mar 28% May 35 % Mar 28% May 32 Feb 11% Feb 17 Feb 5% May 16 Jan ; 34 ; Jan 39'/4 102% May 53 Apr 104 May Jan 62 Feb 23'/a May 26 Mar 2.00 3.40 Apr 1.80 May 92c Gillies Consolidated Golden 4.00 Apr Packers class A • Permanent Mtge Canada Safewav Ltd pfd __20 Class B Canada Southern Canada Preferred 98 98 65 3.35 3.50 17,759 31 31 25 12% 12% 205 .* Canadian Bakeries — Canadian Bank, 98 Halliwell 18% May ; Jan 18% 375 32c 40c 29,864 25c 65c 19,166 40c 7.30 14,150 20 ! ■f- Apr 69c May Feb 5.65 May bOc ,. Feb Anr 9.00 ' < Canadian 51 % 29% 30% Empire Oils 30% 31 % 575 61c 65c 10,140 1 —~ 64c 41% _* common: ■ ' • Celanese preferred ■ 10c Canners Canadian $l3/4 50 30% * 25 British -Canadian 6 50% • common Preferred 'Canadian 6 20 i——Z. Commerce of Breweries ■ 16% 100 6 7 May Mar A 65c 70c 6,000 6.50 7.15 64,705 20 422 6.45 7.00 6,400 — .27 27 ioo 3.25 3.70 879 3.25 Feb 11% Mar 141/4 May Jan 7.50 May 19% May 25% Mar 2.90 5.25 25 7.50 May Apr 27% Feb 3.25 Mar 1. ': Jan Securities class Malartic Cos 4.000 '96,525 45c 9,200 40c May Consolidated 1 80c 74c 80c 111,880 55c Jan • 11 10% 11 2,400 10 20% 20% 21 2,595 Conwest Exploration • 6.25 6.00 6.40 1 3.70 3.45 3.80 • 1.81 1.60 1.85 41c 5,390 20c 25c 31,100 16% 740 Castle Lead Pershing 22c Zellerbach 63 % Croinor Crown Mines Cusco Ltd 1 83c 58c class _ 10% 10% Deer . Gold Mining Mines Dome 30c Jan 1.26 10 Va Mar 12% 10% 25 73c 6,950 65c May 27c 3,400 22c Feb 10,040 30c 22c 23,947 17c 40,350 66c 61c 71c 62,825 35c 1 15c 16c 1.45 1.55 59c 51c 60c 2 Exploration 15c 1.53 1 34% 33 2.50 (Western)—. 18,347 85c 5,795 % Apr 32 %c Apr Jan 60c 3.67 May Jan 1.42 11c Mar 1.00 20c May 1.45 May 28c May 5.50 Jan 1.99 Apr 94 Vac May Mar 33 Apr 39% May 9.36 May Jan 8.55 —1 ■ 8.40 8.75 2,400 14 • — —— 35 9,100 II,200 > Jan 1.00 Mar Jan 3.50 Feb Apr 47c May 20c 3.20 25c :— ——— Seagrams Distillers 106,500 Feb 39c 25c 30c 1 Ltd Corp Devon-Leduc Oilsl Diadem May 22c , Ltd Minerals Detta 16c 68c 1 Ltd Mines Producers Rio Jan Apr 73c - 3.40 Mines Horn D'Eldona Jan May 21,222 25c - Warrants 37c 69 May 53 Apr 35c T" 70c A. Decotirse-y Brewls Mines- 16c 16,370 85c 0 22c 135 ' 20c ;• Feb 8c Feb 2.90 May 13% 14% 1,845 13% May 16c 17c 6,500 15c Feb 28c 28% 29% 2,065 27% Jan 34% Jun 16 %c 29 13Va 15% Mar Dominion & Steel com,—,—„• Foundry Dominion Stores Apr Tar Jan & Dominion Textile Donalda & Dow -1 150 19% 20% 5,110 35% 36% 2,323 16% 5,600 1,030 1.55 1.55 : 100 ' Mar 37 17 Va May Apr 9 7 '/a May Jan 2.00 1.50 May Jan 45c 55c 49,400 42c Jan 70c Am* 21% 110 20 Apr 23% Apr 35% May ' 1.24 35 100 31 Jan 1.08 1.30 79,600 78c Jan 18c Jan 1 31c 28c 32c 17,025 1 & Minerals Dyno Mines 23 Jan 17% Mar Jan 12% 7% Apr Jan 52 Jan 32 16 48 35 ♦ 1 Ltd Co Copper 1,225 50 21% , * Mudge——: Brewery Duvan 1-55 53c " 1 Mines Donnell • common- Woollens Dominion • com— 14 20% May 13 Va 13 Va 7% • — Chemical Dominion 20% 36% 16 Coal & Steel Dominion * 48 * .—50 pfd Inv , 1.13 1.05 1.19 101,700 1.05 May Feb 3.05 46c Apr 1.60 Mar 1 10c 6,500 1 1.85 1.95 25,000 May 1 5.75 6.00 6,730 5.70 May 6.75 Mar 1.15 1.15 1,700 1.06 May 1.50 26 200 2.10 2.31 6,381 10% 10% 10% 1,375 42c 47c 3,700 41c Jan 2,383 19% Jan 21% 23% 103% 23% 101 103 Va 125 % 810 7% 8 3.30 3.50 830 31% 31 32 12,621 25 28 % 27% 28 % 3,003 3.20 3.05 3.25 44,157 = 33 %c Nat ' 4.50 4.75 300 102 d 105 Gas 105 55 34 33 36% 1,865 20 • 17 17 17 520 200 3.00 Corp Ltd 90,231 1.50 1.50 425 2.05 2.20 600 65c 67c 1,000 7.90 '8.45 3.00 8.45 7,310 300 —— 4.80 1,900 :4.30 3.90 4.40 1.40 1.29 1.45 15c 16c 16c Gold • -I"III ZZZZZZZ__ ; 4.15 4.75 15 %c 16c 4 ZZ ZZ__ZZZZZZ Oil 4.10 16c - Trust 2,420 1.17 67c • 1.55 91c 2.08 : 1.51 1.50 : 3.00 1.52 6c Reserves Oils Chartered m-—' -ZZZZZZ— ; • . ... 1.99 Mar 7% 100 Feb May 7% May 3.30 31 8% Jan 23% 2.75 4.20 3.50 Jun Asbestos Co 11% May Eastern Metals Eastern Smelting 65c Feb 25 May 107% Mar 10 'Mar 5.00 Mar 36% Mar Feb Feb Eastern Steel Eddy Elder El 3.40 May El 5.40 Mar 91 Feb 108 Jan 46 19 May May Feb 2.65 Mar 4.50 1.50 Mav 3.90 Mar Apr 79c 75c 80c 7,350 1 6.40 6.00 6.50 24,488 Va 350 38% 38% 353 56 57% 350 * Prods-— 20 Ltd Pen-Rey Oils Gold Sol Glacier Emerald Life Equitable Eureka 1.05 Mar 1.75 Apr 2.80 Apr Fanny Farmer Candy Faraday Uranium Mines Fargo Oils Ltd 90c Feb Farwest 2.05 Feb May 7.90 May 3.80 Jan 10% Mar 4.75 May Federal Grain Federal 6.00 25,350 2.11 Jan 4.60 May Fleet 13,875 1.10 Jan 1.60 Jan Ford Motor of class Fibrd, Products common Manufacturing 26c Mar Ford Feb 20 %c May Foundation Co of Canada 1.89 2.00 2,700 59 130 3.50 3.50 5 4.70 4.90 1,200 1,300 4 % 7,240 4.35 May 1.G6 59 3.50 Canada Feb 2.50 Apr Francoeur Jan 72% Feb Fraser Jun 3.50 Jun Frobisher Gold Prods 4.85 common Preferred 10 Chemical Cheskirk Mines Chesterville 5% 5% 5% 50c Research 4.50 4.35 4.60 ~ Chib-Kayrand Copper Chibougamau Exporl Chibougamau Mining ; Apr 11 VaC ZZZZZZZZ Z_Z~ 3 Mines 3.30 May 11c 13c 57,800 7%c Jan 42c 38c 54c 19,750 38c Jan 48c May 4.90 May Apr Gaitwin 15c Feb Gatineau 58c Apr 1.29 Chromium Min & Geco - Ltd 5,200 1.07 Jan 1.88 Mar General Cochenour 4.35 4.70 8,300 4.35 Jun 6.25 May General Dynamics 1.20 1.30 36,050 2.12 Jan General ZZ 3.25 3.00 3.25 1,320 General 59 59 60 130 Corp..ZZ_ Willans Farm Lake Gold Coldstream — — 85c ZZ Ecmlp 6% Mines 76c 85c 5% 6 Va 9,727 12,400 71c 1,950 14c 13c 14c 8,500 1.27 ZZ Copper 1.21 1.37 138,750 Jan 4.25 Apr Jun 85% Jan Apr 85c Feb Motors Mines Enterprises — Confederation 11 ; ... Commonwealth Petroleum ZZZZZZ Life Coniagas Mines Development Conro 4.55 2.50 Com Allenbee Consolidated Bellekeno ZZ Bakeries Consolidated Consolidated Central Oil Cadillac Consolidated Cordasun Consolidated Denison Oils Mines Z_Z ZZ __ZZ ZZLZZ Consolidated Dragon For footnotes Uranium 18c Apr Glenn 2.25 Apr page 30c Mar 13 11 575 100 3.35 Jan 4.00 Jan Golden 4.60 500 4.10 Jan 5.25 Apr Goldfields 139 Jun 350 Graham 5,600 26c 30c 23,500 26c Jun 44c Jan 17 %C 17 %c 18c 9,000 15c Feb 23c Mar 50c 19c 6% 44 Vac 17 %c 7 646 52c 415,871 20c 16,192 6% Jun 23c 16c 52c Jan 34c 47. Jan Grandines Grandoro Granduc Great Lakes Apr Great Northern 40c 11% Feb Great 4.80 Jan nmat. P'vppt 4.00 Apr Great West 3.50 3.40 4,785 3.40 May 35c 38c 12,632 35c May Jan Apr Apr Apr 4.50 Apr 1.05 1.25 1,050 2.00 Jan 51 52% 1,190 51 May 58% Apr 911 110 110 115 24% 24% 10 12c 13c 5,000 35 36% 767 3.80 1.05 May May 137% 24 May 27% 7 Vac Jan 17c 31 Jan 37 Jan Apr May Apr 4.75 Apr Jun 60c Feb 85 May 97 Jan 30c Mar 54c 28 May 32 105 May 112 Jan Jan 24 Mar 3.80 May 52c 50c 52c 71,600 28 28 28% 785 106 105 % 106 40 18% 17% 18% 7,258 17 5% 175 5 May 57% 60'A 696 57 % May 65 Jan 39% 41% 1,189 39 % May 49 Mar 60 3 5 1 5.70 5.95 200 5.00 37c 5.40 1,800 32c 37c 7,000 lc 4.70 4.65 32c Jan Jan May 7% Apr Jan Jan 6.40 Apr 6.25 Apr #4c Apr 3.90 Feb 6.30 Jan 2.40 2.55 2,500 2.40 May 5.00 4.50 5.10 11,807 4.50 May 90c 76c 95c 63,854 33c 32 %c 34c 8,600 30c Jan 46c Feb 25c 20c 27c 53,450 20c May 36c Mar 10 %c 10 %c 1,000 9c Apr 13c Mar 50c Apr Mar 3.20 2.80 3.35 8,835 32c 32c 35c 15,600 49% 219 76c May 1.60 Apr B 5.00 Apr Jun 60c 32c Jan Gas com 49% 27%c May 26c 28c 76,600 26c May 45c 38c 30c 38c 107,700 30c May '64c Apr 56c 56c 56c 1,000 40c Jan 56c Jun 5-60 5.60 6.10 4,570 5.60 * Utilities 50 1 1 - Paper— 50% 48 50% 670 42Va Jan 5% 6 % 610 5% Apr 1 49 580 Jun 2.95 May Feb 9.45 Jan 57 Apr 7% Jan 3.50 Jan 3.00 Plains Class 2.80 May 49 57% Mar 3.00 39 39 39 Va 330 3.70 3.20 3.70 25,720 10 % 10% 10% 500 8 Jan 11% Apr 8% 8% 200 7% Jan iOV« ADr Warrants Feb 3.50 4.00 * pfd Gold Mines May May 10,015 20c Jan 62c * (Canada) 4% Mines 3.35 May 30,268 3.90 100 1 .' ; Mines 25c 9.75 3.60 - 1 Mines- Bousquet .8.80 1,000 9.10 9.75 IO1/2 Feb 26%c 26%c 26 %c - Apr 150 1 Uranium Goodyear Tire 2.45 3.50 Manitou Jan 139 2.45 2.15 May 21,650 3.60 72c 36 40,758 1 Gold—. Jan 139 10 40c 4.50 May 29 Va May 1 Mines Mines Eagle 3.50 4.50 31c 4.50 Feb 1.90 25c Jan Mar Gold 10% Mar com Goldale Mines 25,100 10 455 Apr Jan 2.37 1 Yellowknife Gold 15c 38c ZZZZZZ Oil see Jan 8,300 30% 22% 25 175,300 _1 Giant 9c 3,660 29c 30 Apr Mar 1.25 May 85 _• Geo-Scientific Prospectors Jan Jan 2.90 25c 2.70 17% 22 Feb 1.50 38 % Mar 30c _ Jan 8'/4 95c 1,305 Feb 4.10 Mines 1.05 2.20 3.90 Warrants Consolidated Discovery 83,350 1 Apr 139 6% Mines 13c (Canada) A 5% May 12%c Jan 27c 10 Consolidated 1.55 May Mar 2.35 Mar lc Mines'~LtdZZZZZZZ—ZZZZZZZZZZl 3.50 13 VaC Corp Petroleum f'lflQC Genex Goldcrest Yellowknife 668 1.34 Bakeries 1.85 6,454 34 % 75c 29 Feb 57 5% preferred Mines 30,300 6 8c 12,800 Feb 100 common 55c 59 87c Feb 1.08 1 Power 1.20 70c 76 %c 200 27,905 • Exploration 4.35 Smelt Consolidated Mining Jan 5% 48c Chrysler 45 52 1.75 5% May 6.35 1.11 1.20 May May 31c —1 Debentures 52c Smelting. 20c May 85 > - 1.25 & Jan 19c 18 115 24 % 13c 35 Va 3.95 2%c • common 1.15 Mines 9%c 560 1.80 Mar 100 htd 2 Gold Jun 29,000 23 51% —• Warrants Steel Apr 20c 23 30 Va 40c • -. — % Jan 23c 17% -- • Mines Cos 68 79c Jan 33% 2.90 A__——* May 9c 38 Va May 9c 23 152 4.50 class 15c Feb 448,080 18 • 15 3,500 May May 23c 33% ;... , 11,100 „ 35 56 Apr i. 16c 80c (US) Co Jan Jan 8 Jan 80c * 1 A 1.08 7.70 Feb 4 70c 175 1 Kirkland 4.65 May Apr i Tungsten Copper May 5.60 Mar 62c 4,800 1.50 • _• 1 1 25c Jan Feb 11,600 * Falconbridge Nickel Famous Players Canadian Apr 2.52 1.18 1 Ltd Refineries 13%c Apr 1.00 51 25 Corp Excelsior Apr 52c 20c * — Insurance 1.58 60c 1 1 : Mines— 6 Feb 1.75 14c 14%C 1-18 22c 1 common 6 9%c 54c 54 Vac 1 Mines May 90c —10 Trust— A Mines Eldrich 5.90 1 1 Refining Ltd & class Paper 9%c Ltd Investment Economic 29% May 30% 16'/a May East Sullivan Mines Eastern Jun Feb Mines 2.60 May May 59 2.00 _oq — Rights 25 26 2.29 • Porcupine Commoil 17c Apr 29c 1.70 May 1,000 64 40c 17 VaC 1 Mines Leather Davis 22c 36c Minerals Crowpat Feb 2.18 Feb Malartic Centremaque Gold Combined 2,000 11 %c 17% Feb Amphi Gold * Explorers Colomac 11 Vac 11 Vac ZZ_Z——Z—ZZ_Zi ■' Jun 17c East ♦ Quartz Central Coin 506 17% Mar East Producers. Cockshutt 2.15 May 16 26 Gas Pat Cobalt 2.15 ' Mar 19 VaC Jan 1.08 Leduc Chirno 5,052 Feb 56c 1.15 49,400 22c Apr Jan 15% 200 1.65 21c 3.00 57c Mar common Gas & Central • 16 1.45 „ Jan May 27 Jan 26 Trethewey Chatco 15% 1.53 ■_* —— Mines Crestaurum 15% 1 Apr 1.42 39c 65 Mines Asbestos Charter — — Apr 6.60 Feb _• Central * Zinc. Mining Cowichan Copper 16 1 B Class Coulee Cournor 16% • _ 25c Jan 8.00 Jan May Feb Williston Oil Gold Central 1 • • 23 Va 3.25 19,900 39c Ltd Copper Corp Apr 5.75 Mar 46,368 Coppercrest Mines Copper-Man Mines Corby (Hi Dist class A_ Feb 13 20 4,551 Copper Cliff Consol Mining Feb 90c Jan 8 Railway Western Oil Cassiar of Toronto 6.65 23 Gold Corp Natural Canso Petroleum 5.40 Mar 60c 56 Vickers Erin Cariboo Mining Tungsten Feb 25c 3.45 May 10 10c Prospect Canso May 15c 4.15 40c Apr 350 ... 3.45 Tire Canadusa 13c 14c 3.45 Mines Jan 1.39 250 ' —— Canadian Can Mar 8 common Canadian Canadian 74c 27 Petrofina Ltd preferred 10 Pipe Lines and Petroleums—1 Canadian 43,120 61 100 Pacific Canadian 91c 69c 8 warrants Canadian 78c 40c May 61 warrants Canadian 90c Jun 30c I,500 27 preferred 1955 1 Jan 23 VaC 23,200 . 27 Hydrocarbon Oils Canadian Mines Ltd Jan Apr 61 ■ r_— - Canadian 1953 38c Feb 2.04 19%c * A Canadian Homestead Oils 5'h 30c Jan Apr 45c 1.11 Mar 10c 14c Duvex Oils • . 4.25 ' Canadian 38c 23 %c 24 Vac 1.10 Jan 46c _ioo *— Canadian 23 %c 1 37 6.60 — Gen B 1 Min May * Preferred Class Mine Mar 30c * May 29,500 9 , Class 21c 27,825 17c 29 Apr Canadian 17,866 1.35 15c 375 94c '• 23c 1.20 16c 1,265 Feb * 21c 1.21 1 Magnesium— 19% —J • common 22 %c 1 Scottish 30c Products • Mines Dominion 7.00 Food Minep Dominion • Canadian Feb 21'A Mar Apr com Apr 44c 42% May 95 Morse 94c May May Apr Fairbanks Mar 28c 16 85 Export Gas Ltd 70c 11,100 32'/a May 8,650 Canadian 132,007 850 92 Canadian 20,850 83c 30c 18,767 90 Dock— 68c 75c 28c 4.00 Gas Jan 51c 1 Consumers Apr 38 29c i.—— ♦ West Feb 4.65 Feb 63c 16 % 92 Petroleum 87c Jan 2.50 1 41% 1 warrants 47c 31 % May AprMar 2,528 & 52c 1 95c 31 Decalta 5.10 Mar Explor.. Sannorm 33 % 9% Dredge 3.75 Mar Jan Sudbury Basin Mines 30% May 9% Canadian Jan 4.05 Consolidated Thor Mines Ltd 56ci 9 Canadian Devonian Mar 44c 2 Dominion Asbestos 29 Preferred Apr 30c 4,885 3,800 Mines Dome Mines 9% Canadian 50c 9,000 466,151 4.25 7,830 Consolidated Regcourt Apr 8% May Mar 1.76 30c 35%C 20,900 Poplar Apr v. 84c 4.15 54c Pershcourt Consolidated Jan Jan May 1.55 3.70 Red Consol Mar 18c 4.15 33% 16 - 28c 3.45 Consolidated 33% 9% > 13,050 31% Consolidated 56% 3 •" 34c 3.55 Nicholson Jan * 25 (Dunsmuir) 28c 28 %c 32% Consolidated 44% Canadian — 12 Vac Mar 1.93 1.72 Consolidated Peak Oils 29% May Canadian Chemical & Cellulose—-. Collieries 2,926 • 1 39% . 14c 85c Feb 65c 30 %c Smelting, Consolidated Northland 3,749 Jan 13 %c 1 Negus 1,695 ... 1.30 May • Morrison Desmont Jan 2,508 Mines & Consolidated 13% 12% May 2,250 l Consolidated Mosher Del 62c 6.80 Jan 70c 1.37 Oils Ltd Consolidated 3.95 May 18% - Marbenor Mining 35% May 63c 7.30 104 Jun High Low 70c 1.30 2l Consolidated Jan 34 %C 2 Mar Apr 95% Mar Range Since Jan. 1 —1 — Gold Consolidated Mic Mac 1.57 Mar 1 Oil Jan 30 • Oils Atlantic —— 41 37 87 % May 98 Minerals Canadian 34% 410 3.40 12.50 Admiral 37% May 255 87% • common : Astoria 80 35 Va 87% l Petroleum Canada Wire & Cable new class B Canadian 38% 35 1 — — 100 Steamship Lines Canadian 38% 38% • Canada * High 70c 1 Guayana Mines Consolidated Shares 1.35 1 Arrow Ho-wey for Week 7 Lake Consolidated Consolidated Range v • Mines Consolidated D'Aragon Canada Iron Consolidated Jan 2.25 May Jan Crest East Fenimore Consolidated 1.16 25% 100 Consol Mar * Flon Consol 1.12 • common 5%..- preferred Callina Feb 14c 25c Edmonton & Calgary Jan 17c • —i Co Ltd & 40 Feb 11c • Burlington Steel Burns ' —* 34% May Consolidated Sales Week's of Prices Low Par 15,816 1 Ankerite High 15 5,329 47 I ast Bale Price 15 % May 85 39% 10c Brunswick Mining & Smelt Buffalo 13 38 1.45 Mines Buffalo 12% 1 Mines Brunsman 280 25 i Mines Br unburst 16 1 Columbia British 6,205 39 % • — Low 16 13 Columbia 1 STOCKS High 16 % 0 B British JUNE Range Since Jan. 1 15% 16 ENDED Friday Shares Low Par WEEK for Week of Prices Bale Priee FOR Bales Range Development Grass Coal 1 Oils..- class 1 * A - * • 25% Jan 3.00 May 54 Mar 5.75 Mar 45 46 The Commercial and Financial Chronicle (2686) .. Monday, June 4, 1956 . CANADIAN MARKETS FOR RANGE (Cont.) Toronto Stock Exchange Bale Price STOCKS GreyhawK Uranium Guaranty Trust Gulf Mines Lead 1 1 Mines Guunar Warrants pfd—. New common 119,900 50c May ; 16c 17% 9.00 18c 17% 9.50 26,100 14c Mar 160 . 2,345 23 Feb Apr Apr Jan Mexican May 12% Jan 23 May 27 Jan Midrlm 12c 23,600 Mar 29c Apr Midwest 8.50 23 23 145 13c 15c 37,200 65 66 380 55 Jan 66 Apr 33 Jun 33 Jun 8 Jan — * 33 33 33 125 * 8% 8% 8% 45 1 14c 85c 13c 80c 14c 89c Milliken Harding Carpets Mines Gold Rock Hard . __ 1 Minerals Harrison Gold Heva Mines Mines... Gold Oil Home Class 24c 24c Min Apr Apr May v Jan, 1.10 53,805 2.09 11 %c 11c 12'/2c 28,500 40c 35c 26,500 19c Jan 50c Anr Moore 52,200 12c Feb 58c Apr Morrison 47 May 58 Jan Multi-Minerals 40c 42c 43c 43c • 48 47 49 260 25% 25% 26% 9,615 Howard Smith __ 47% * • 1 37%c 20 37 Smelting Hugh-Pam Porcupine Erie Mtge: Huron & 79 —1 Husky Oil 8c Refining Ltd 10.00 —4.50 Warrants 10 V* Peb 16 10% Feb 40 1,740 8.35 Feb 4.50 1,570 3.40 Jan 4.25 64 2,600 28c Apr 55 56 68 Jan . 55 49 8,395 36% 11% 11% 3,645 11 21c 53 24c 69,350 52 21 %c 53 975 14% 13% 14% 10 15% 15% 15% 1.34 1.20 1.35 10,410 10% 10% 11 675 Inspiration Mining 1 International Bronze Powders com.,-.* International Metals class A —* International Nickel Co common • Preferred 5/100 International Petroleum * International Ranwick Ltd 1 15c 48 200 Inland Cement preferred:. Jack Ltd Creek Neilo 16% Gold Jonsmlth Mines 2.65 2.75 Jan 830 1.60 24c 30c 28c 33c 81c 73c 90c Jupiter Oils Oils Keyboycon Mines 22c 29c 91,718 22c 6,768 55c May Kilembe 455,915 80c 15.750 1.50 1.65 50c 500 42c 75c 74,525 62c 1.01 1.03 31,900 1.85 New Feb Apr V- V 'I •- ' Jan New New 72c ,*65c 75c 126,508 50c Peb 31c 32c 17,575 29c Feb ' •; J'.-',;'.-'.- 1.66 28c 17C Kirkland Minerals Kroy 10c 2.60 2.50 Mines— 12c 10,500 10c Nlpissing Mines 3.90 6,150 1,700 3.25 May 1.55 Jan 32c 5.10 Mar Nisto Mar 92c 1.58 1.54 1.70 6,860 1.50 May 27c 8,000 24 %c May 49c Nor 2.01 May 24 %c 2.55 22 22% • 21 % 19 21% 133,985 1.10 1 Dulault Mines Nordic Uranium 2.65 18 1.10 • 1.49 13,000 2.40 2.80 72,720 14c 15c 11,950 2.27 2.70 31.185 Mining 23c 22c 25c 2,500 1 4.50 4.50 4.50 24c 24c 3,525 2,000 410 4.05 4.10 2,150 2.80 2.90 594 1 Luz Mines • • Secord 3,635 1 Lamaque Gold Laura 14 %c • Lake Shore Mines Wasa 2.80 1 Mines Osu 1.10 1 1,183 21 Candy 3 18% 18% 19 745 1.10 1.95 13c Corp Norgold. Mines Jan 25 Mar Norpax 3.75 Jun 3.55 Feb Feb North Apr Oil & Mines Canadian Oils North Inca Gold Jan Northland 38c Jan North May North Star 6.00 35c Feb 4.45 Apr North 3.55 Jan Oils Northern Mar 21 May common Jan Feb 85c Mar 41c Lexindin Gold Jan Apr Norvalie 22c 23c 10,500 20c Mar 35c Jan 2.90 3.10 17,710 3.65 Apr Oakville Loblaw 6,910 49 110 May 100 Jan 41 May 48 Mar ig 18 19 947 18 May 21% Mar 23% Mar 26c Jun O'Leary Malar tic 2.80 Jun 19% 2,245 26c 509,168 17% May 6%c Jan 2.40 2.50 425 2.40 May » 6% 7 200 isc 18c 20c 12,500 1 1 19 1.14 1.34 "1 ~i 206,000 25c 26 %c 6,000 Yellowknife Gold Mines 1 Macmillian 8c Gold Mines ~1 "1 '. Milling ~~i Mines.. Malar tic Goldfields Maneast Uranium Ltd IIIHoc Marcon 1 Oils Ltd Feb Ontario Loan Jan 17 %c Apr Ontario Steel 22,300 22,700 15c May 104,500 33c May 1 30 1.29 1.30 41 44 2,100 2,455 2 50 2.39 2.50 5,883 l 40 1.30 1.40 1,600 12c 13c 16,200 95% 95% 5 1 go 1.55 A?. 23 %c 1.60 4"i~ 5,400 27c 99% 1U/2C 12,300 99% 25 35c 41c 26,200 19 %c 22c 11,500 10 %c 1 lie 4,000 29c 33c 75 22,370 2.70 3.10 104,600 1 15 o 1.25 Jan May 17c 1.20 1.54 «ic 20 %c 94% 545 92% May 7 1,913 1.04 I Porcupine McKenzie Red Lake McMarmac Red Lake II"" McWatters Gold Mines 1 "• Mentor Exploration & Dev For footnotes see • 1 ■ IIIIII5O0 page 47. 043/ oqc 84 85% 390 35c 45c 57,333 k. 14c 18c 20,600 55- 53c 60 %c 32,400 60c 57c 63c 10,450 Feb 1.04 May 41% 94 , Paramaque Mines Parbec Mines Jan 35 87% 47c 6Vz lie 95C 91c . 12c .22,250 100 . 74c Jan 35% Apr May 95 % Apr Jan 85c Apr . ., Jun 85c Apr 7 May \ 27c Apr I 6 %. May 24,700 1.00 10c Mar 4,500 ' 1.00, 68c Jan 1.30 May 41c - * Apr 23c llVzc Jan; 217,000 - Feb May 1.65 May 42c 16,335 42c 9% 13c 87 29% 90 73c ? ^ 31c 116 35 67 %c lie * 1.30 Mar Jan 56c Mar * 91c » . 2.60 ,2.60 311,415 2.75 6c 6C 2.95 2.95 3.00 95c 99c 12 11% 12 27 % 1. 11% « 25c .. 405 130 i 23 i Feb 24 23 24 940 13 % 16 43,905 8.20 Feb 28c 27c 33c 48,500 26 %c Feb 58c 40c 60c 15,500 40c 44c 41c 46c 44,400 41c - _ 13 ? 1 27% May . 15% • L15 10%- Jan 11% Apr 3.20 Jan. 52c 1,125 Pardee 12 %C 12 %c 15% 15% 86 12% Apr I Apr ! 84 13c lie 9,275 15% 10,305 86%. 450 Apr < Apr ! "19 % Jan 57c May 89c Apr ; May 63c Feb Jan 12% Jan 77 Feb 60c 60c 11,600 52c Feb 82c 1.09 113,100 78c May 35c 34 c 36c 25,800- 27c Jan 16c Apr 18V* Apr 92 Apr 78c 1.99 43c Apr Feb Mdy 11 %c 10 Vzc 12c 10,000 9%c Jan 23c Feb 1 12c 11c 13c 23,700 11c Jun 19c Jan 1 85c 80c 87c 17,600 80c May 4.75 Jan 1.53 Mar 6.75 Mar 5% 5% 300 I__IIIl 85c 83c 1.00 28,800 83c May 1.90 Jan 50c 1.26 1.16 1.34 83,977 75c Jan 1.60 May 32 %c 31c 32 Vic -10,600 31c May 39 %c Jan -1 9.50 8.60 9.50 3,620 39 Apr 9% Mar 104 Feb 7% May 36 39% 1,585 49 Vs 49% 51 100 Mav Feb common Peruvian Oils * Mineral Gas May 45c May 13c May 25c Apr 70c Apr 1.37 Jan -1 156 • 25' 25 26 1,725 2.10 2.00 2.20 8,300 1.48 1.41 1.67 20.850 1.45 Petrol Oil 8c & 1.42 1.59 6,577 1.80 -1 Pitch-Ore Placer Uranium. 14c Development 95% Mar 32c May - Penmans 2.20 Mar Jun 29%c Jan Consol 12% • Powell River • Powell. Rouyn Gold. Power Corp Prairie Oil Roy 1.95 2,900 11c 15 %c 39,950 12' 69c 55 . Jan — — 10% 40 Apr May 49 % May 53 Jan 22% 26 Apr Feb 2.00 May 99c 1.35 1.76 Feb Jan Feb 3.40 Feb 2.25 Apr 2.25 Apr 2.20 Mar Feb lie May 18c 12% 4,345 12 May 13% Feb 70C 1,600 63c May 89c 56 % 1,205 52. May 50c • 55 7.85 Mar 23% . - 1.08 « 1 Apr Jan _1 Uranium Mines LtdPathfinder Petroleums | \ Mar 28% Mar 27 May 1 ; Amalgamated Mines I ; i 8%c Mar 2.50 Jan 3,100 . 3.10 Jan ; : Apr 46C May 4a 7,550 .. 1.15 Jan 1.78 11,400 . 12% f Jan .21.000 25c 29 Vzc 27 Vi 95c- n< 71c 24,700 . 6Vac Jan 10,050 , 8c • : — Jan 39c May 80% Jan 57c 9c 29,400 • 29c Apr 6% 61 Feb Jan 3.50 92% 1,059 140 27,000 1.50 Apr qq 129,365 .6 11c 1.26 6% / 2.90 May 14%c Feb 5'/a May 6 .10c • 3.25 Jan 94 17% May 10c Mines : JAn Feb 1.35 1.60 May Jun 14 5.70 May Jan -i * Uranium Paymaster 7% May 49% Feb 14 45C „ Peace River Nat Gas 15c 48 80c 1,180 14 Jan 1.75 mil Porcupine Panel .Consol; Pan Western Oils Feb 70c 94 903,361 y« . Feb 7,425 » 1.60 1.20; 4.50 Apr 55,900 4014, Mar 21c 1 5.20 23,650 6 65c / 22c 1 74c 8 • _ Jan May 25c 10o common— Pater 60c 8%c May 12,300 10 Eastern Parker-Drilling 12 Vac 87,000 1.44 May • Apr Feb lie 82c 27C , ; ; — Apr 2.15 8%c 17%C —20 Mines. 35c 7% common Lake 49c 9%c 100 _ Jan 46c _i Jan 29c 3,125 2.60 • - Products Copper 19 %c May 7% ... 2.65 41c 103 5.30 _• Debenture Pamour Jan Feb 1.55 May & 1.70 Jun 41,900 ^ McColl Frontenac * 1,049,126 « Pacific Petroleum Page Hersey Tubes 95 % comlZIII* Maybrun Mines Pacific Jan 21 %c 1.25 Ltd Osisko Mar Feb 20c pfd 2.70 May May 85c 7 1.49 48 1.44 7.90 Mar 6.70 May Jan 12c 99% May B Ormsby Mines Apr 54 inn Ltd class 1.51 24 Vac Feb 1.21 Mar Fdb 1.11 20c —9UC Or'enada Gold- 57c Jan 12% 5% % 2.30 Mar 40% May 2.20 Feb ,'48 __ Preferred Mclntyre 8,775 - 1— _ 2.50 39c —t Martin-McNeely Mines Massey-Harris-Ferguson Preferred 2.00 56c 17c 26 %c Feb 20c 20c 1 May Feb 95c iniAr ~~ Apr 2.18 15c 1 " 23c ^ Apr 64% Mar 40c Mar Mar 87 mil : Exploration _*, Ontario Jockey Club common Warrants 2.50 33c 21"l Ltd Jan 83c • Maritime Mining Corp warrants 1.99 Apr May 21c • . May 8c Jan • Rockland Selections May 1.44 May 15c "loo Mines 1.14 25c 38c 85c 12c ~ ~ A warrants 3,000 10c 7% Feb 1.90 May 83C Jun qc i/_ , Mines Gold 49,450 6% Ogama Oil Opemiska 1 Maralgo Mines Marcus 1.55 10c 11 %c 2 no 100 I—III" pfd. 1.44 435/. Bloedel class B Madsen Red Lake Gold Mages Sporting Goods Magnet Consolidated Mines Mailman Corp pfd Leaf 1 51 """j Hill Mines Macfie Explorations Mackeno Mines MacLeod-Cockshutt 25c • Macassa Mines Macdonald mil Omnitrans 17% 18 %c 2.50 Lyndhurst Mining Co ""*» Oka Rare Metals Mining Okalta Oils 18% Jan 19 %c 35 I ^ Gold 75 25 %c 51% 1,100 1.44 10c - O'Brien Gold Mines. 65 _• Maxwell Obaska Feb 1,355 Louvicourt Goldfields B 57% 75 * 5,382 70c - 43 * 58 32c 43c Jan Jan 19c • Wood Specialties Lake Mines 75 A Marigold 2.60 Mar Jan „~i . 9c 51c lie 1 41% Long Island Petroleums Lorado Uranium Mines Maple 1.29 Jan 47 78,700 99,200 19,000 .100 Mines 42% B Loraega Gold Lynx Feb 1 « London Hosiery Mills common Class 1.61 48 27c 1.24 1.40 1 50 A Class 1.45 48 _* Coy preferred.. Class 145 • 5.29 May 29,800 L57 NUdulama Mines Ltd- 3 10 • Tan 2-a'Z Jan f .11,755 14%: Northern Quebec Power commonl Northwestern Util. pfd — 68c 12 %c A lb.biO 76c Mines 2,550 class May 35c 16c 10c : Mines Canada 87,600 Gold * 4.25 Mary 6 Trinity 78c Lac May 7.00 Warrants 23c Groceterias 31c May 1.37 Jan 539,438 2.60 1 Oil 18c Long Apr 19c _20c 77c Class B Apr 3.00 Feb 17c Apr Apr 6.70 1.34 IIIi 78c Loblaw 1 ic 3,750 24,700 . ,» , 7.60 20c , 5.10* Ltd igc 2.70 2.15 3,399 ' Feb 8.%c Jan .22,000 .. (12C • — 1 • 2.38 97,344 , 55 common Rankin Feb 25c 1 Little 31 %c 14C 1 Ltd ™—J Warrants Apr 3.25 Jan Gold Liberal Petroleum Feb 19c i_. Leitch Gold 1 Fbb 16c 69,200 6.70 1 : Normetal Mining Lencourt Mines Apr 27c 15 Vzc May 22c 57 1 Mines May Feb 17 98c Apr Jan 95c .1 —— May 2.80 May 2.65 Jan 15c 4.25 1.07 • Mines Nordon Apr 1 Gold 25 4.30 Jan 24c 23c 11c - 19c 23C Feb IT4 Apr 1.T5 May 18,425 4.25 3.85 33c May 32c Mines Acme Noranda MAr 2.70 Jan 1.90 May 22c - Apr 54c. ;Feb * 1.00 Apr 194,400 29c.. .17c May 56c 22,400 2.60,. ■J 3.60 , 2.17 Jan 20c 3.20 Mar Jan 25 %c 2.42 Lingman Gold Mines La 10 %c 2.47 Cinch Mines Lake 18C 3.80 22% Mining & Exploration Lake Lake Mines— • Ltd Lake Lake Thurbois Nickel Rim Mines Ltd— No rial'tic Labrador Lake New Jun lie .27c 27C Tdku Jan 20% 86,558 Apr Apr -26,000 24c.. 3.55 / 3.95 3.85 10 %c 12 %c 20c (John) 71c 20c Feb 1 Ltd Oils Labatt 60c 21c - 50c 14>%c May 61,865 - 12c 12 %c L Jan 1 ^ Kirkland Townsite 75c 1.15 15c I6V2C 8c 79c 39,400 12c Gold. Mines- 17% 2.20 93,025 56c 68c: Minda-Scotia. 33c 396,179 . 30c 21c 17c Myiamaqpe Explor. 14,433 3.90 1.67 1.40 21 %C* 1.00 20% 74C 30c -4. 1.19 May . 1 19% . Feb 40c Rouyn--. Superior .Oils . Apr 33c May . Jan May 2.20 Mar 69C. 3.10 Apr 6jc Apr 1.48 Mar 27c Manitoba! Gold— Newnorth 21c 22c —.—' Feb Jan 2.06 1.76 May 7,600 2,775 Newlund Mines Apr : 171,650 29,750 Senator 1.90 App 31c Rduyn Merger™ Roy ran Capper 3.25 Jan Mar L15 Jan 22c 25 %C Mines New 77c 1.95 May 54c 90c c 27 %C 23c 6 75o New 2.20 1.95 May 28c ——< 1.00 May 1 v 3.25 May . 1 Mines Kelore New '"v i, ' ' • Jaculet New ... Feb —.—1 Apr 49 %c Feb • Bay 1.00 Feb Apr • Mines Hosco New Mar 13 %c May May 1.50 May 4,075 Feb Apr 31c ■ May 70c Apr 2.08 Mar 62c 1.01, —1 >■ Jan 3.20 50c Mining Highridge New 1.50 Mar 2.01 -in .76c 74c -- 93c Feb 1.50 14,275 Jan 1 Hudson 30,500 102,150 2.70 _5Qc —1 98c Copper 21c 1.59 80C 1 ±. 175,810 Warrants Kirkland 17c 1.50- 19c 1.53 —— 1.36 12c 41c May 17c V May 62c 2.74 * 1.00 • 4.10 1.40 May 57c —1 Explorations Harrlcana^, 1.25 1 Feb 26c New Goldvue. Mines.. New Jan New * 67,400 Gas New Apr New 8,-500 Apr 1.60 53c Jun "9c* 46c 1.70 May 8%c 22c 1.55 22c 9c 7,500 ,45c 50c 20% Apr 30c 1.76 28c 1 44 48c Jan 1 34 1.55 Jan —- Jan Jan 1.81 Mar Mines 6.95 Mar 3.10 39% Mar * 14c ' Jan 28% —1 2.60 Mar Jan 6% 6*50 —1 42 % May May < 200 —1 1.33 . 2,200 Fortune Mines. 4.75 Feb 28% Mar Apr 42 Dickenson, Mines 3.85 1.47 - 29% . New 1.60 Mar 1 4% 59c —; — Petroleum^— Chamberlain 28c Gold 325 Mar 14Jan 1.40 1.58; New Renville Gold Kerr-Addison 4.40 3.75 Concord 9%c 2.05 2,000 „ 15 55%c May 26 % Apr 1 Mines Calumet New 241,452 3,500 28 5% 42: New British Dominion Oil 261,574 14,000 2.35 63,700 * 15c 2.20 65c 5 1 24c 2.25 55 %c 2.15 Mar : Apr 1 —-— 50c 15c IIV2 — Gold Bidlamaque Bristol 14c . May 11% Feb 27% ——I : 20c 28c 350 230 New 52c 95c 51,950 12 12 131% Mar Jan 26,009 Feb Mar 1.65 Mar Mlty 12 Delhi. Mines—™— May 31,766 Apr Mar 9% May Apr. 1.02 New 26c 37c Feb 1.20 Apr 51c 1.00 1.26 4,740 Apr 61,475 33c 18% 49 Develop^—_r—_ New Continental Oil of Canada- 27,250 95c 90c 6 % New 40c 35c Feb 16% May New Jan 1.00 75c 39% Jan 20c • -6% Mar — Alger Mines New 1 ____1 1.02 ■r 29% Athona Mines 38c : 3.95 Jan 11% — 14c , Feb 5 2.90 918 1.30 .10 N6w Jkson Gold 10,000 1.25 corn- . 50c Ltd— Co 20 %c Feb Apr May 1.00 Mar 30 %c May 435 Jan 16% Feb 21c 94c May 3,950 9% 15% Apr 40% Feb 8,375 5.00 29% 27c Petroleum 23c Ltd Mines Mining Jowsey 18,850 3.75 1.65 2.75 Jan 60c 56,458 45 8% 1.25 1 1 Mines Joliet-Quebec 2.95 3.45 1.60 5,994 43% — .——1 Mines Joburke Jan May 1.60 38% r 98% May V: 13% May 27% Jan 37% 1 1 Minerals Ltd (1939)— Jeanette 86c 16% Apr 2.80 Mar May 4,15 Jan 2.50 Mar 45c 22% Jan Feb 46 28 225 7,300 Mines— Mines New Apr Jan 38 % 2.85 1 • Exploration Jellicoe 1,198 17,000 13% 76C 4.35, New 33 1 Mining Jacobus 34 1.15 13% 75c *25fl New 11% Jan 90c 1.06 100 1.25 Drug & Chemical National Mar Jan Jan 33% 33% 18,865 5% Steel- Car——— 10 78% 3.15 5% Trust 1.74 126% 40c 2.90 18 , Apr 145 30 %c 3.10 — National 85c Mar 14,046 151,640 9 National 1.16 Mar 41 80c 44% ' Feb 58% Jan 92% , 89 60c 63c Apr 52% May 12% Feb May 127% 128% 41 __ 80c 4.50 Feb 1.61 t- 1,910 Works Apr 6.00 Mar Jan 1 • Waite Mining Jaye 14% 24c -w'f„50 25 75c 52c May 275 40 92% * 8 Bldg. Credits... interprovincial Pipe Line Irish Copper Mines Ltd : Iron, Bay Mines.. Isotope Products Ltd Interprovincial 22,475 2.06 Ltd National Grocers pfd-——— --—20 • National Hosiery Mills class B_ Apr 61 11 1.70 4.35 National Explorations 79 45% 36c 38c 42 May 49 32c 24 , \ll% Apr 67% May 53 1,460 68 55 25,870 36c common..— Nesbitt Labine Uranium Imperial Bank 10 Imperial Life Assurance—...— 10 Imperial Oil • Imperial Tobacco of Canada ordinary_5 Indian Lake Gold.. 1 Industrial Acceptance common • Inglis (John) & Co " Jan 1.98 Preferred 83 % May Feb 37 420 FeD 1.60 Brass National May 10% Feb 6.95 4,206 Mar 49 Apr 24,646 J.OU 500 Mar ' 15% Mar 7.60 8.40 76% 79 35c37%c 37 37% 9.50 10.00 8.20 Mining Hudson Bay Mining & 4,671 668 1.60 May 76,987 • 30% Mar Feb 2,339 13% 12% 48 12% —• Paper common. 12 12% 12% • Mar 229,601 Corp. common- Nam a • — 81c 1.60 2.00 - Porcupine Montreal Locomotive 14%c May 22% Apr 1.33 May 4.15 Mouela 39 %c May 5%c Jan 18 Feb J Apr Feb 10c 40c May 75c 24% Co Knitting 1.41 1.62 27c36%c 155,300 May 14 466 102,470 1.50 Mines—_— Ore 30c 1.48 24c 40,100 15 4.00 — Mogul Mining Carp—.Monarch Ltd Co B Hoyle Jan 13c • —— A Class 17 %c —® Canada- Dauch 8c Bollinger Consol 5,000 8,000 • Ltd Highwood Sarcee Oils— High Ctest Oils Hinde Endeavour 18c •• 27c Apr 22% Mar 1.10 15, 95c 1.58 I— Corp Mining 18c 24c* Jan 4.65 ** Mining 14c 15 %c Jan 4.35 Apr — 11% 18 30c Jun 4.10 Uranium 1.70 May 19c Jan May V -- 1 :—1 1 1 Lake— Red Gold Heath 80c 1 Head of Lakes Iron Headway 12 %c 55,900 1,750 • .' Lake Vi 17 Brick Milton Jan 1 Mines Gold Hasaga 22,000 *■ 8% Jan 5c 1.95, Petroleums City 2.55 * Gas Warrants Mill High 2,000 80,750 ~Il — Industries Low 10c 3.25 15 1.08 —— Mining . 27c • Light. &: Power common Midcon .Oil 8c Gas—— Range Sinee Jan. 1 High 5c 18% -1 Uranium Mines-. Meta 26c 19% 15% May 3.10 .1 Mining Shares 3.00 5C* I Petroleum Merrill Jan 1.49 23 • —— 20% Merrill Island "■ for Week Low Knit— Chipman Mercury Feb 15c . «—i—1 Lime 8c Alabastine Gypsum 63c 48c Sales Range of Prices Par High 1.09 Jan 50c 9.50 30 — Gwiliim Lake Gold High • 86.184 17% —_ . - Products Gurney Low 16c . Last- Sale Price Range Sinee Jan. 1 Shares 63c 21 — Week's Friday 54c 1 I STOCKS 49c 21 57c —10 Ltd Mines Gulch * , JUNE ENDED for Week of Prices Low Par WEEK Sales **** J 50c 1.000 49c Jan 57% 58% 615 52% Feb 4.75 5.65 5,900 3.30 Jan Mar 62 % Apr 72c Jan 59 % May 6.90 Apr Volume Number 183 5539 . . . The Commercial am} Financial Chronicle (2687) 1- r CANADIAN MARKETS RANGE Week's Friday STOCKS Last '' Sale Price ' Par , WEEK ENDED JUNE 1 *1 Prices Shkra STOCKS . Range Since Jan. 1 High Low ,. High . . Border President P R M Gold 1 Electric *- : 1 Dome Uranium Mines Gas 33 2— : .3.00 ■, 1,250 *■ 7,040 3.15 ' 1.85 % 6,750 2.10 2.38 26c 30c 1 1.95 Feb 44 Jan 2.75 May 1.50 May * 1.75 54,700 " Chlbougamau Gold I 2.20 2.10 2.33 65,685 2.03 2.05 2.20 14,580 44 y8 9,200 36c Feb 53c • 17 16% 18 8 Jan 21% May 13c Jan 20c Trend Triad Feb 19c V". 87/650 ll7/a 11 % 11% 4,290 1 Quebec Lithium Corp Quebec Manltou Mines Quebec i 1.25 1.20 1.28 6,550 Metallurgical Quemont Quinte 3.60 3.75 3.80 Jan Prairie 11 9,013 3.60 May '26'A 261/4 27% 3,158 May 25% Feb 30c rights—-— 70c 70c 75c 1,650 70c A 120 1.10 1.28 41,560 ; . 30; Jun Rare Earth Ravrock Reef Explorations Reeves 1.43 1.30 1.55 1 3.90 3.85 4.50 ——1 1.75 1.60 « 1.90 —* Mining Co Ltd— Mines Ltd 1 s. • 15c 1 MacDonald 1 Regent. Refining • .Renable 12c> 1 Mines Rexspar Uranium pfd Rio Rupununi Riverside Mines Silk class Ltd —J.— 10 Rix-Athabasco Uranium 40c 99 99 21C-; / , 6,787 23c 250 92 c; • • 1.00 10 United Oils United Steel Royal Bank of Canada Rights Royalite Oil Russell 10 4.25 .— Industries St Lawrence Cement St Lawrence Corp St Michael San Ltd. Saskatchewan Cement Rainbow Oils A Sicks' 40c 88c 12c 12,600 10,530 70 108 2.10,^2.20 2,100 2.10 May 2.10 2.20 9,900 1.75 2.95 2.85 >3.05 8,485 81 Vis- 2.55 509 65 62,767 68 26 % I 10 ! 10 850 26%* 27 25% i'25% 2a 2 19 %"•(: 19 % class Jan Jan V- Feb V 11 11; 11'A 406 * Rot— • pfd__—2 19% 2,307 1.03 99,220 >:__ 16 275 25c 24 %c i 26c 50,700 90o: 16% . -.50 . Oil • X 50 51 35c 32c> 48c 45c 52c 40,910 * 1.60 .1.30 * 1.70 16.560 • 35c 34c-, 45c 36,500 Oils Oils Standard Paving & Materials —• Olsen • ——.—;- - Rock Stuart • Oil Iron Mines: 1 Cons Superior : Supertest Petroleum Ordinary.: _; common..... 16c % 5.60 & Minerals Cons Gold 50o Pearson 90c 96c . 30 50 2,300 1.30 Feb 730 ■ r Yale Lead & 70c Feb Mar 25c 3,926 lie 22 VB 23% 3,005 20% 35% Jan 23 23 24% 3,041 21 May 36 Va Jan 96 96 76 96 May 104 % ' : 10c 11c 11c 15,500 10 %c 11c 11,300 29%c 26c 38c 27,100 14 13'% 14 890 1.85 1.80 1.88 40c 42c 41c 1 15%c 15 %c 16 %c 12,900 16,500 1 13 %c 13c 13 %c 31c 53 Feb 45c 6,500 II,703 710 150 30 50 -201/4 80 V 1:25 21,700 Feb ». 1.30 May 16 Vac Jan' 34% Mines 1,539 3.15 4,000 55c '89c Jan 11 %c May 22 57% 20%c Jan 28 Va Jan 80 15 % 13% 5.00 7% 15,060 .10 85c '■> 42 Towagmac Exploration : Explorations Oils Trans Era Oils i • '.40 __1 305 8 Apr 46 50 43 Feb 51 Mar 11 11% 1,765 11 May 13% 5 " • • * 11% 5.30 5.30 5.50 959 ,8.10 Jan • 23% 22 y4 23% 700 30% Jan * 18 % 18 % 18% 100 18% Feb 21V8*Jan i____♦ common 32 30 32 575 27 Jan 32 Mar Jan Jan Apr Coast Feb * Canadian 1.20 Consolidated Paper Westinghouse Copper • 50 19% May Dalhousie Mar DuPont 26% Feb May 103% Jan Gaspe 1.20 May 1.85 Apr Hayes 1.43 Mar Oil 47 of Copper Steel International Paper common Interprovincial 2.75 fl.00 Feb 1.33 Feb Utilities 20c 20c 3,000 20 20% 1,815 30 Feb 24 % Mar 42 42 35 39 Feb 45 24% 24% 100 24 92% 92% 37 50% 53 1,425 30% 30% 50 com___• , Pato Power & Consolidated Pend Oreille Price Bros 54c Feb Universal 40c 58c Feb Yukon 3.00 Feb Jan May May 24% Gold Gold 1.27 284 46% 690 38% Mar • 12 12 400 12 75 75 139 74% May 92 25 35 36 150 49% 49% 49% 25 43 38 38 40 357 38 __1 5.65 5.50 5.65 2,560 4.00 4.00 4.25 60G 92 Mar a Odd lot sale 226 55,000 13c Jan 25c 42 41%% 42% 1,029 44 4IV2, 1.56 Jan Jan 39c 45c 123,500 30c Feb Corp Feb 52 5.50 May 4.00 67 Vb 69% 760 50 56 60 Vb 555 56 Apr 62c 7,000 57e Jan 24% 75 23 Yb Apr Feb Feb t (not Included in year's range). I d Deferred delivery Jan Feb in- year's 2.50 Apr 2.50 May e Apr r Cash \ (not Included range), vd When delivered. wl When Issued, z price. sale Admitted to unlisted trading privilege!, sale Belling ex-iriterest. f Flat Xx-liquldiatlng dividend. (Un) : Ex-dividend. j (not Included In year's range). Kz-rlghts. ■ Ex-stock dividend. Apr Apr Jan 6.75 Mar *'■ May 60 %c 24% 51 Jun 62c 24% 42 Jan 68% , Feb Jan 100 »/2 Mar 33% Feb 60Vb 1 14 80 5.15 Jan 71% May 67 Apr 68 %c Jan 25 FOOTNOTES FOR OUT-OF-TOWN AND CANADIAN MARKETS 5.75 May 54c 86 May 10 Gold 142% May 50% May Jan 12 No par value. 40 1.60 Feb 75 • Jan 8,200 109 ♦ 36% 49 Jan 1.23 1 Mines — 25 I 44% Feb Apr 36 May • Products 37 • 94% 30 Mi * — 5.75 May 29 56 45 VB * Apr Apr Apr May 1.27 2.50 Mines 25 %c 92% May Feb * Paper Consolidated 21 - Feb 34 45% 1.25 Mar 3.00 May 170 6 & Ontario Paper Niagara Wire Weaving Ogilvie Flour common 16,750 42,853 May 5 Inc 25,235 2.05 14 41% May 7% Minn Apr Jan 2.45 Jan Jan • Mines Products— Jan ' Jan 6% 33% Mar May 1.83 82 400 4,699 - . 1 Securities International Ytilities Maclaren Jan 11 40% 50 Canada Jan Mar 46 Jan Jan May • Apr 15c 335 22 * * 2.05 47 6% Feb 38 40 • common Preferred .'Apr 43 Jan 43c 6.00 Jan 25 10% 5 -• 6.70 May Jan 2.00 , Feb Lumber Bridge 2.45 , 14 V. Glass May 41% May Apr 1,480 Dominion 40 Mar 24% 22 Jan Apr 45 * "21% 1.50 May 25c May 175 Jan 38% May Western 16 % 44 17% Canadian 550 4 935 2,230 24 3,298 14c 40% 21% 32 51,217 19c 38% 21 40 Jun 43% 37 ; 5% May Jan 20' 20% "20 ._1 * 6% 46 May Dominion 42c High 5% 46 4.55 22 Vac Feb 80c Low 5% 19 ' 3,000 Range Since Jan. 1 Mi gh Low 5 Sugar— Investments Industries common 3.00 4 3.60 ~~k __ A_ 42 85c flkaree 28 2.00 May 45C fer Week 777 13,945 32c Inlee Range 627 Jun :« Wtck'f ef Prleei 2,512 Zellers Trusts.—-— preferred'. Canadian Apr 43c 38c 31 11 25 %c Jan 500 4.80 11 43c Bronze Jan 2.25 Jan 54c 38c 20% Feb 25 %c Dredging Dominion Vinegars Jun 75c 70c 19 10% Mar 1,200 May May 63,850 4.55 200 5,045 May 35c 45c 30% 150 856 14c 4.55 16,500 -1 ; class & Canadian Mar 11 1.75 May 20 % 11c 3.30 Finance Apr •10% • Elevators General Canada Canada • Loblaw 75c Apr 2.6Q Jan 1.50 May * * 16 % Jan Apr Apr ,10c 27% May Jan Jan , 3.00 • 185 1.60 Feb • •411/2 1.70 2.09 25c 1 41% 6.70 ! 7.05 Jan General 17c 7.00 55c 25c 11c Marconi 10 "? 2.25 May 15 %c Jun Canadian Feb 2.00 40c 15% May 2.07 Jan May Canadian Jan 2.10 Apr Feb 1.80 Fonda 1 8% 9'/a 11 * Co Gold 3.50 lOr Apr 52c -Apr 5% * Toronto Dominion Bank Toronto Feb Feb Corp .— Brown 26% 40 Apr 16 Vac Exchange - Curb Section Last Anglo-Canadian Pulp & Paper Anglo Newfoundland Develop Asbestos Corp Apr 101 16%c May 3.95 May Apr 8c _1 Toronto Feb May 25 26c Apr 6,006 ; 38c Par National 2.90 Mar 25 May 9%c Jan * 37c 1 68c 18c 2.25 May 10c 1.21 May 1 Mines 43c Mining Andian Apr 1,225 25c 2.25 Sale Price Jan 42% Jan 10c Feb 3.40 Mar 4iy*c Feb .23,745 242 10 %c 10 %C Friday Apr 5,243 io%- '} 1 ; 10%c 2.15 1.50 2.25 1 Jan 60c 7% 10% —* 2.10 Canadian " 1.30 11 2.13 STOCKS ' 13c 1 _ , 90c 7 10%C A_ Toronto Stock Apr 1.22 10 %c • Apr 51 Feu 859 ' Knitting class Feb May Jan 8 llc> Jan 16c f102 12c Mines 17% May 20c 61c 25/25% 3.25% 3.50 30 A Bear Apr Jan 14,500 ">5;60 > Yellowknife 1.16 May 43c Apr 2.17 May 1,845 1 Oil Mines Jan 22 May Feb Apr 13% Feb 44 1.20 Apr 35c Apr 4,025 • ; Zinc__ Canuck May Jan 25c- 43 Mar 1.70 14 - Jun Jan 16% 50 Apr 36 1.10 • Gold' Mines Yellcwrex May 2.04 ■ 22% 1 Yankee Jan May 35y« Mar 29% Jan 1.72 40% 36' Apr Apr 21 May 55,341 19c 101 10 Torbrlt Silver Mines Empire 5 1.20 * common Tiara Mines Trans-Canada 33,502 19% 1 • Thompson-Lund mark Trans 30 1.65 1 * 1.22 • common Mines Teck-Hughes Gold Temagami Mines .5% 30 • 1.70 May Jan * A Winnipeg & Central Gas Wright-Hargreaves May 80c • Prefeired Traders 18c 1 1 Industries Gold 30 100 1 Bylvanlte Gold Texas Calgary * 1 27,345 20 . Oils 5.00 7% 25 3.50 — Preferred * 77c 17c 25 . i84c 83c _1 * 5,508 54,893 12c 17% '<19 V4 15% 15% * common ... 1 000 "'.,.*190 2.25, 2.90 1 : Preferred ^Warrants Inlet 15% 960 12c 10%c'$ 1 : Mines Propane 18% * Sturgeon River Gold Budbury Contact : 21 % Mar 12c Coghlan Bulolo 59% 163% 2.60 11c 405 " ■ 58c 24% 24 61 Steeioy Mining* ? 11 %c 24% - * "'(411/4 "•-1 5,100 50 46 55c- —1 Canada 8ieep 39 1 Gold Bros ■- 41% *. 25c* 46% *. 8tanwell Oil & Gas Ltd Tombill 30c Apr Apr Apr Feb 9,500 36 Windward Apr 15% Jan 15c 13c 1.70 Winchester Larder Mar Jan 1.40 Jan Wiltsey Mar 52c 120 1 4 __* Stedman May 36c 96c May 18% May 22,800 Zulapa 93c 1 Jan 90c •yec Feb 50c 28 Va Mar 11 3.40 .610 46c 27c 19% 18 2.05 May Jan 51c 14 Mar 2,100 1 • Zenmac Metal 20,900 19% 60c 47% Apr 1.80 May 26% Feb ; 72,900 47c • 29 % Mar 93,292 Mines Union Feb 55c 75 V2C > Feb 20c 1 29c 1.10'fl.40 * May 1.40 May 23 Jan 1.55 Petroleums 51% Jail Apr 5.50 Jan 19% Wilrich Jan 3.85 67c —• 2uc 35% II,650 90 1.40 A 1.10 3.25 Apr 30c 2.35 2.69 Feb 1 Ltd 16% May 22%c Mar 2.17 14c 105 Jan Mar 6,457 ' 20,300 2.98 May 74% Mar 2.34 2.50 Jan Jan Feb >14% 91c Jan 40c 79c 1 155 " Jan r——_50c Mines Ltd '% • 15c 15% c 19% 5 Mines Dairies 15c 1 * 1.65 Jan 7.85 Jan Willroy Mines 3.90 Mar Mar % 22c Jan 35 Apr May May 43c Apr 23% May - 125 6.25 36c 15 % Jan Valley Taylor 14c 15c 100 11% *' common Bpooner . B Yukeno Mines trust 28% Apr 23% Jan 25c York 360 30% 19% Feb 20%c Jun • Apr 10 v' __ Mar Mar 8.60 Feb 65% May Preferred ;i9c 47% May 9c 30 Mar 37c - 1.55 * Petroleum class A class 2.25 May >; Spanish American Mines Ltd • Breweries. Petrol (Geo) 10% ■ . 61 Jan 18% 1.55 : Warrants Weston Feb Southern Tandem Naco Jan 8.80 • Southam Tamblyn Western Oil Mines Canada 7.75 Van Bwltson 19%c Gas 1.35 Somerville Surf 1 Maygill 4,400 1 .4. common Surety 24c 36,874 Slater i. 23c ^8.90 Gold Buillvan 24c Mines 8.50 Siscoe Rights ' Feb 6.88 Apr Mar 10 y« Apr Apr 220 May 11% Jan Apr 1.47 Jan 2.15 :• j Corp Standard of • Malartic <il.90 Bilverwood Bteel 46,800 1.50 common Starrat 72c 1.64 Simpsons . 56c 50c Silver-Miller « 70c Wespac Petroleums Ltd 1.19 Mar May _• Gold Mining riouns Ll 15c Gordon •uocan 50 18 Jan 2.65 2.15 • Silver 3,573 15 17c Breweries Silknit 6,080 68 % 1 Voting Bilanco 14% 66 92 % Jun ■ . 14% • 15 West 15% May 14Va Jan May 2,050 17c 14 V 15 50 Shirriff-Horsey ;; 53,600 sac :a.oo 48 120 39,445 7,500 • W & preferred Creek Sherritt > 40c,i 48c 88c | 70c 67% iWeedonf Apr , Mines 1945 Mines Shaw'key Bheep Feb 45c 48 2.39 67c * G Waterous 5.70 Mar May 1 82 26 2.17 67c 1 39,565 Equipment Pyrite Copper Walker Jan Mar Apr 65% Mar Jan <f 26 2.30 10 1 Waite Amulet Jan:"- 1.90 May 81 830,090 Decalta J. Security Freehold Petroleums Bhawlnigan Water & Power com I,740 1.80 Grocers 80 12c;* 13c 40 1.45 Western 16 HIT 112 38% Western 50c Ltd Grey Trust Mines Oils Class B 2.65 >?2.80 39 1.78 Western 2,128 12c Violamac Vulcan ; Jan I,300 1 • 1 Ltd 32c Jan 83 200 130. 4.00 18c 17% 5,100 - •• 28c 70c. 81% 95c 3.80 24%c 12Va 15% 30c 1 Ltd Jan 11 55,750 15 VB * Explorations Apr 16% >__ Alloys Consol Victoria & 13 May 4.00 May 535 • Debentures Class 12% 1 ... Bapphire Petroleums Ltd Scurry Feb 1 — Gold 12 2.45 ' Jan 2.65 May 34c Apr 56 % 12'/a • ___—1 Mines Gold River A —: Uranium Antonio Band class 17,450 91c Jun 14,650 27c 2.30 15 % 1 2,233 225 1,875 - 22c 1 Ashley 457% 1,670 6.50 • Mines Western 10c 13% Corp Feb 12c 13 32% 6.25 2.37 " 26c 32c 13% .30 6.50 * May 5,000 • 1,650 27,800 25c 15c 6,298 • common. 160 23c * 33,805 56 lA 30 21% —1 Products 4.00',4.25 57% , Mines Westeel 14c , 30 21 % 20 %c % West 37c 13c 30 21% Feb 32c 3,650 20%c " Jan 6,600 6,766, •' 8.50 Jan 40 * 12 %c 13c Vandoo Apr 75c Jan 15c 15 32c 1 7.00 May 73c 12c 13 %c 1 23c 6.85 10 9,050 100 _* 22 %c 25 ; Upper Canada Mar 102 May 10 15'/2c Consolidated May.' 11% pfd__ ; Montauban Ventures 2.60 May 21c 23c 6.90 68 12% Jan 1.70 Mar - 6,166 92c ——1 Roxana Oils 35c B Vico. Explorations 2.64 Apr 99 . 335 * Apr 27c Jan 2.25 50 * Rowan 6,700 ' 11 V4j.ll % * common 500 1.90'< 2.00 21 %c 1 Little Roche Long Lac Rockwin Mines 2.50 class . United Jan 2.85 Jail ' 48 _1 .-s Hill 6.05 , 2 01 Mar 10 Inv 2.50 Mar Jun 47 Jan May 1.80 1.60 May 8 VaC 2,070 -- * Robinson 10 % 35%c 38c 1 A 1,000 1.97 1 v 22,500 2.41 100. Palmer Oil-- 3.85 45,795 15c 10% —1 — Reynold Aluminum :Rio 9,700 34,310 • 2.25^-2.70 — 1.10 May 1.30 May 16,022 47% * United Keno Mar ' 9.00 « Mines.— Apr .. A _, Fuel Vanadium Radiore Uranium Mines Rainville Mines Ltd class Feb 75c is—1 class B Estella United Apr 4.60 18c Class United Apr 1.94 * Prod T Ltd 16c 8.25 1 : Corps 15c 8.80 _1 Mining I5%c> 4,650 .12,800 • United Asbestos Apr 32c • ; Apr ■15 Apr . • Petroleum Union Gas of Canada May 3.50 Feb 1.20 Pipeline Oil Union 4.85 Mat 9%c Jan 15,450 18c 21 Vac 21%c 1 Mining Milk ,. ' */>. Queenston Gold Mines • 66% Jan 2.45 2.05 May 14c HigK 9,381 Jan 45c 2.15 —L Low 68 Trans 2.75 May ' v* 15c 1 — • 42c Apr Apr —1 Quebec Copper Corp Quebec Labrador Develop Line 40c United Quebec Pipe Raage Sinee Jan. 1 High 62 % 5.40 - Low 41c 9.40 -1 Oil Shares • Jan , , Mountain for Week Transcontinental* Resources * 8.30 Feb 15c Trans Apr Apr' 5.25 May . ' Purely Mica Mines: 23 %c 5.60 May_ 552,650 30c 19% 2,740 1.65 . Jan 1.60 2,745: 2.25 —*" Ltd 6.00 3.00 " 185 * Producers 6c 200 „ 6.80 5.25 4 • 33 Va 6.35 5.50 1 .jWarrants Prospectors Airways 1.60 6.40 * 79.415 Sales Range •f Prices isle Prioe Par ... 20c 1.60 — 10 East Pronto 17c * 20c * * Inc Preston Provo * Last .. V " . 1 Premier Week's Friday fttr Week Low - FOR Sales Range * 4f Jan The Commercial and Financial Chronicle 48 Monday, June 4, 1956 .... (2688) OVER-THE-COUNTER SECURITIES June 1 Quotations for Friday, Obligations of Government Agencies Investing Companies Far Mutual Funds— 6.07 8.41 9.14 3.91 4.27 10'4 9«/4 16.39 10.75 11.62 5 } 22.41 24.23' General Fund, (1954) Ltd——Canadian Fund Jnc--r-; Canada 6.13 23.32 25.21 16.93 Shares Trust————I Chemical Fund Inc »®® Contury 20.77 5.60 Fund Inc—} 13.45 19.19 . 8.19 12.44 —} 18.31 600 Securities com—100 1-4,000 14, Christiana Preferred —100 1 Inc—_— Investmei Commonwealth Stock Fun Composite Bond & Stock Colonial Fund Commonwealth Inc 141 ' 9.35 -1 . ' 1 -1 11.84 lc 2.94 3.12 Inc—10c 8.06 33.95 36.70 1 10.47 —• Inc———1 1 38.49 2.77 ^ 20.03 * J — Inc industries 3.99 jjaa Corp—— Capital General Investors Trust Group Securities— Automobile shares-Aviation 8.05 17.64 3.41 3.71 13.93 15.22 Fund 8.23 7.57 Wide Securities Co 11.77 7.58 „1 Income Series —-1 Dividend Series ———1 Stock Series-.————-—l Growth Stock Series. 1 New England Fund-1 New York Capital Fund of Canada Ltd 1 8.74 9.55 6.12 6.69 4.72 5.16 8.43 Fund Street Pioneer Fund (T 16.58 8.98 9-35 lc —— 11.17 Fund Inc 16.52 — 17.02 1 a24.33 * 11.18 Fund—1 12.15 1 7.93 8.67 Shares_l 10.11 10.99 1 10.62 11.61 Ltd—__1 15.52 16.87 Science Fund United United Canada Funds : of Franklin 7.58 9.51 10.28 lo 10.53 11.52 Whitehall Fund Inc— 1 12.34 13.34 lc 10.78 11.80 Wisconsin Fund Inc 1 5.38 5.81 1 Mutual 1 Inc Wellington Fund 8.30 9.07 1 Fund 13.52 14.74 10 119 Aetna Insurance Co— lo 66 Aetna Life 10 179 — Insurance Co Agricultural 10 Par Home 69% 190 —5 Insurance of Co Jefferson North Standard 35 37 22% 24% American 38 41 Life American 26 28% Equitable Assur 5 Fidelity & Casualty_5 conv preferred:. 5 •1.25 American Maryland 27 28% 4 5 Merchants Fire 25 27 Merchants & 17% 20% National 10 48 53 National Co__I 5 34 36% New Amsterdam Assn 5 26% 28% New Insurance Ins Life Ins Natl Connecticut of Life General (N J) Amer Ins Forster Jtmployees Employees York General Life Hanover N. Bank 100 37% 12'% —10 117 23% 41% 25% 332 344 63% 18 20 2 7% 10 8% 40 25 215 43% 225 -t—2 10 46% 50'% Duke 41% 44'% 32% Fire 5 ... -1986 Light Fire Pacific Indemnity Peerless F) 77 Kentucky 10 24 25% Lowenstein 2 Y) (Texas) —10 13 15 70 75 .6.25 Providence-Washington 77% Reinsurance 51% 54% Republic 58 102% 101 V* & . Trust—25 - _ (N & 98 101% 99 102% Sons— 3%s 55 57 —10 60% 64% Security —10 43'% Trust 61 54% 58% 55-/2 59% 20 Co., 57 25 Bank 20 76 81 36% 38% A__6.25 Bonds—(Cont.) Pacific Gas Elec & Salt Plantation Bid 3%s__1988 ±986 3.45s 1981 3%s_1986 Mfg Pipe lo 45 48 Springfield Marine- —10 50% 53% —10 45% 48% 5 72% 77% •No Guaranty Co —10 3 57% 60% tEx-lC0% 24 27 91 92 1986 100 Line Calif Edison 3%s_19Sl Southern Wisconsin 1980 3%s 1986 Ekciri(j 3%s Standard Travelers U S Fidelity & (Jacksonville Fla)_2% 29% 30% U 5 10 —10 65% 41% 145 95% 44% 153 103% U 3 Fire S Life Accident City of Insurance N Westchester Y new Fire Co in $2 par. the Niagara 31 Vi 28 % 30 % 3%s 1996 99'A 99% 1986 101% 101 % FOOTNOTES FOR a 28% 2 Telephone 3%s Mohawk par Net stock asset Stock 100 % 101 k__ dividend 50 preferred Kaiser Alum Louisiana 4.44'r 4%% conv pfd_100 98% 99 104% 105 y issued, Ex-rights. 53% 53 105% • 106% &. Light— yield price, stock, Ex-dividend, t New wi When the New York Power preferred 100 OVER-THE-COUNTER ISSUES x value. to listing on Exchange 101% 101% Stocks— b Bid value k Admitted 104 Va k Anderson-Prichard Oil— 101 fEx-2-for-l split, 68% 24 <fc York New Ask 103% " Elec 3%s_—__— 46% Haven) Fire 49% 47% 17 Bank Amer N T & S 4.25 '/c 1931 Elec Seaboard Surety Co _~_5 Marine )M) 4%s Narragansett fit (New 112 104 , Trust 102 1986 89 38% 117 102% 3'/4s. 1986 3%s 38% 22 8teamooiier 115% 1986 & Pow Util 60 % 37% Fire 102 1976 3%s 84 ""5 Republic 101% -1976 3%s 37% 5 & 3%s. ~4 .2.50 Fire Bank j Francisco— of Fenna , 24% 73% • Whirlpool-Seeger 60 lo 10 Phoenix_5 Co •'■ Electric 72 10 Corp Lt convertible 56'% 37 Insurance & Trailer 23% Co 35 Paul 4s Power —10 Co Insurance 30% Co_ of - Union Louis Penna Houston 33 35% 28% «* Security Issues k__ 5 67 32 33 National San -1986 10 63 First Bank Duquesne Light 3%s__ Pcwer 5 56 National Boatmen's 43 Ask Georgia • 53 Louis— 39 103% 53% Pacific 54 Nat! Bank—12.50 Peoples 1st Nat'l Bank & Tr__20 St Bid 48'% 5% 61 50 Bank Bank Nat'l Mellon 70 102% —10 4% 59 Pittsburgh— 67 -1986 Genera! (Minn) 10; 25 Detroit of (N J) Natl 10 3%s Power 85 Insurance Valley 20 34% - % 79 63'% 32 10. (Ariz.)— Mercantile Recent 42 —10 104% 36% 29 12.50 Tr & Bank & Trust 23% N?7thwestern- National Life 98%' 33% Bk Co Paterson 21% Bonds— 40% Fruehauf 59% 44 Bank 10 Co 13% 5 Fire_ Florida 5 42 Commerce Angeles— County St. If 59 12% 10 65 10 of National Los 66% 127 39 1.25 62 39'% 54 74 Co 252 16 35% 69 (N J) 38 262 50 217 33% 4 1 350 36 Co Security-First , Albany 12.50 North 335 City— Jersey 48 . _5 Y of r National Bank National First 33% 100 Y.— of Northern 5 Hartford Fire Insurance Co. —10 hartford Albany, State 129 American °""" N Bank Phoenix 5. Bank 435 Detroit— Bank States Trust 121 Co Glens Falls Onlf Co Inc Trust & 10 Reinsurance Corp & Co National 35 Newark Globe Sterling 2.50 Life Great 81% 25 (L 3.33% Inc (S 38 National River Fidelity & Deposit of Md Fire Assn of Philadelphia of 48V2 35 State Bank of 'National Bank Security Northeastern 4 Firemen's 57 , 46% Trust 92 Federal Franklin 16% 209 5 Phoenix Fund 53 787/a & Co City Trust & : (J P) National Connecticut 40% 249 Group Assoc Reinsurance Fireman's Hartford 44 York 314 Bank Trust Cleveland Union 10 United —5 Casualty 32 - 10 Freeport 88% ' 420 Connecticut— 29 200 31% 117 Assurance Union 63 Ye 10 87 Casualty & New 15% 121 61% 5 National 229 Continental rum 112 28% 28 20 Trust Bank National 31 Trust Brook Bk_100? 100 Cleveland—- 29 Y Trust Manufacturers of Northern Trust Co Central 20 N 307 100 Savings & Trust 85% Trust—33% & Bank National 26 90 Island Harris . 32% Meadow First 31'/4 184 28% 178 Bank National 74 ; Illinois Continental 45% 20 Long Ask Bid 71 Bank and Trust—25 Natl City 63, ,10 Trust County Huntington 1 _ 99.386 Companies Par 270 65 4814 Co 2 Assurance Eagle Fire Ins Co 104 116 Manufacturers. Fire 99.582 99.533 99.481 99.431 99.379 Ask Bank Trust (The) Life—10 Continental • 10 89% <-_10 : Hampshire Fire 6.25 Shippers—j Columbian Life 5 46 110 Casualty— .1 44 20 Massachusetts Bonding (Wash D C) Surety Co Colonial National Lincoln (Newark N J)__21/a Fire 1 Inc, 28 % American Camden Companies 43 Re-Insurance Boston -10 C)' 40 Mercury & N Bid Bank— Square Trade Bank Jersey Insurance Co of N Y.„10 26 Assurance American oankers (Greensboro , Co_5 Home Amer Ins Co Amer 2 Aak Ins- Life Insurance Co of Va Automobile American Bid 86% Amer_5 Life 1956—.— Irving Kings Rye Ask 129 1956 30, Bank Natl Royal * . & Surety 23, August Industrial Bank of Commerce_10' New Companies , August 99.749 99.700 Bank City National 6.94 Inc Investing Corp Investors 99.798 10 Rochelle New Franklin Hanover Street 1056 10 Trust & Co Westchester First Guaranty Washington 1956 16, : L S —10 Y) York 6.53 6.39 1 Fund 1956 9, 20. Bank New 6.98 Inc„ Income 2. August August Chicago— National of 13.73 "Wall - Trust Fiduciary 6.02 Fund August 99.830 — 12.61 Line 99.650 99.595 99.545 99.493 99.440 99.639 1956 26, 99.983 99.914 99.901 York New 1 Line Ask Bid July 99.980 99.936 99.891 99.738 99.690 — 1956 19u6 Van Strum & Towne Fund Inc_l Value Dollar Value York— New Bank of First united' Accumulated Bills Ask 99.789 — 1956 12, 19, Morgan Aetna Casualty 3.50% Federation 8.96 1 Bid bJ.60 24 8.20 United Funds Inc— Value Insurance 1-57 22 ... 10.16 Par 3- Empire Trust-—, 11.25 Inst Foundation Fund 1-55 County Trust Go (White Plains N 9.30 Fund 6- 12.56 10.29 Bank -Institutional 3.55% 12.27 Inc—1 Fund 1 Investors 3.30% 11.52 2.84 Institutional Shares Ltd— b3.45 11.97 a30.44 16.64 T^eorporated 3.40% 13.77 2.60 Boston b3.50 39.50 15.39 Income 1-57 12.58 14.86 13.09 Fund Inc 10c Incorporated 2- 100 262 Bankers Trust 10 63 Chase Manhattan Bank 12.50 46% Chem Corn Exchange' Bank—10 44 Commercial State Bk & Tr—25, 58 1 of Fund Income 1-56 37.00 Templelon Gwth Fund of Can_l Fund Inc— 1 Texas 12.77 13.56 Street Investment Roe 10.23 11.98 Corp—* & Farnham Fund—1 Stale 15.63 Inc 5- Par 9.50 Shares Amer 1 AiiO™——A 3.50% Bank & Trust 11.82 1.25 Shareholders Trust of Bostoni—1 Smith (Edson B) Fund —1 Southwestern Investors Inc 1 Sovereign Investors— 1 Selected Income Fund UUU Fund 3.25% 1-56; 1956 14, a36.75 Continental Fund A b3.40 a23.39 United aUIJUVVA Haydock 1-56, 46 • Stock United Income Foundation 3.40% 3.35% 12.14 43% & ClarkFund .—1 Stevens Scudder, ; Inc—1 9-57 ----- 3.30% b3.50 b3.50 1956 7, June Clark & Stevens 4.63 Hudson Fund Inc 3.30% 13.84 1 16.10 Mutual Fund Inc 56 3-56 99.847 12,73 (Geo). Fund— Putnam 8.73 Guardian b3.50 3 2-57 Bid July Industry Shares Inc—1 Growth b3.45 12- - Dollar Value July —lc 4.21 11T 1-55 United Stales Treasury July 5. 16.15 : 2.95% Ask Bid 1-56 1-56 32 7.18 12.23 shares Due 5- 3- 6.60 31.15 14.75 Utility shares ' 3.45% 1- 11- 6.64 11.17 shares Bteel - 12- 1-56 30.84 Inc lc .lo lc Tobacco Dated Rate Ask 2.70% 1-56 . 1956 lo shares 93.18 2-56 2- 1-55 1956 7-51 stock 94.10 C- 3.00% 28, 6.85 Railroad 95.6 93.10 4- 10- 21, ,1c lc 3.17 98.23 3.50% 2-56 June sterling Investment Fund Inc.l Television-Electronics FuikL—_1 1 95.26 94.2 1. I960 l%s April 1, 1961 3.10% 4r June Stein 2.88 96.14 94.30 1960 3.25% 3.05% June 13.36 shares equipment shares 1, 3.10% 1-56 14.74 10.31 shares- 97.13 95.18 2.95% 4-56 10- 23.79 1211 Bond 97.6 97.11 96.6 1959- b3.40 9- 3-56 19.96 9.41 Railroad 96.30 1958 b3.30 1-56 1-55 1- 13.56 12.20 Petroleum 97.26 99.29 b3.20 8- 12- 11- 3 00% 18.30 11.06 shares Mining 97.18 99.27 Oct. 1 %s 99.13 Bid 2-56 3.125% 2.95% 23.31 lc shares Merchandising 7- 3-55 10- Stock 1 Growth Rowe) Fund Inc Fund 13.30 15.15 :1c 98.14 98.6 1, 1959 1, 1959 1 V2s April 100.5 b3.00 Due Dated 2.80% 1 2.50 13.97 Industrial Machinery slfares-lc Institutional Bond shares—lo l%s Oct. 99 98.30 Federal Intermediate Credit Bank Debentures Rate 22.14 30 Science & Nuclear Funds 9:71 99.23 98.26 1957— 15, 15.08 Inc Scudder, 10.26 15, April l%s 99.4 1957 1". 1%8 May 13.76 Inc Scudder Fund of Canada 9.36 l%s April f'. 1 * Corp Inc 9.67 8.86 . 1958 15, 1, 99.29 100.3 1957 15. 1 Securities Philadelphia Fund Common administered shares—lc 2%s March 3.49 Peoples Pine 6.04 20.46 1956 12.15 1® shares- 2VhS June 100 99.20 Shares— Trust American Series' Series 12.76 Fully - 9.21 Stock Preferred 7.96 7-99 . „ 1958 1, * 6.94 — 12.40 6.09 10.51 10.77 — Series 8.82 Food 9.72 1 1 Series Balanced 10.69 7.29 l%s April 99.28 Aug. 3.70 21.27 National Security Series— 7.26 lc bond shares National Investors Corp 9.76 Stock Fund-lc Electronics & Electrical Equipment shares 1® 3.40 19.66 1 Inc-1 1 Interest beneficial 11.32 shares———-—--}0 100.1 l%s Feb. Notes— 15, 1956 1%6 Oct. 1, 1956 2S Shares— Pifritan (The) General Corp Trust Price 62.15 1® Growth Fund Capital Chemical 10.91 16.10 shares Common 8.23 X7.34 }® shares Building 4.37 9.95 1 1 1 Fund Inc General RR Life Fund Mutual North * Futures 15.87 7.57 Mutual Fund Franklin Custodian Funds Inc— Common stock series lc preferred stock series——lc Fundamental Investors Inc 2 II.73 14.68 Pounders 7.43 10.73 ———20c New Eng—1 Inc—————5 Industrial Fund Inc-1 5.06 7.17 Fund Financial 21.63 4.63 Investment Corp—! Sanity Fund Inc Federated Fund of Fidelity 23.52 100 99.31 99.30 Ask Bid ,,. 15, Aug/ 10.73 — Invest Bond • - 22.00 Fund Stock Electronics 8.91 8.20 * Inc Fund la ton ., . Notes—(Cont.)— 1957 l%s Oct.- 1; -1957 2s Stock Growth Shares of Maturity— 100 Treasury al4.80 Mutual Investors Massachusetts 12.12 Nation 98.18 41.61 9.77 99.23 98.10 11.32 Fund Bond Inc 99.24 1958 1'%s Oct. 8.83 Trust-l 1956 20, 99.31 195615, 1957——— Feb. 2%s 3.44 Investors Fund Ask Treasury 1, 2%s Dec. 4.4a shares —_——lc Mortgage Assn— 20. Nov. 99.31 3.70 shares 57.97 & Howard— Balanced Fund 4.01 3.36 Natl 103 point represent one or more 32nds of a point Bid Indebtedness— 2s June 22, 1956———2 Vks June 22, 1956 3.24 11.04 3.04 96.8 97.6 102% 1971_ May 1, Federal 98.18 of Certificates ' lc shares Mutual Shares Dividend Dreyfus a45.02 2.86 57.39 *-*0 Figures after decimal Maturity- 6.16 shares—lc —_ "3%s 99.30 100.1 99.27 99.31 98.10 1960 1, U. S. Certificates of Indebtedness & Notes 5.18 -i E 5.66 2%s June 1957— 1, June 1956 i, 1957— 15 Vb 2.59 shares Metal March 3%s 2s 4, Sept 12.88 14 % 4.69 .-i Series 2.95s 6.97 11.78 lo shares Industries General Paper 6.36 Equipment shares_lc 7.02 18.75 96.30 95.28 96.26 11.06 14.36 16.69 1960 15.10 -i Trustee Shares- 1959- 1, 10.95 ._i Diversified 1, Feb. 10.13 Manhattan 10.15 May 13.83 Mass 9.26 96.20 — 13.32 Massachusetts _i 97 2'/4s Central Bank for Cooperatives— 3.65 invrami<.»» 1958 12.21 5.20 13.41 — 99.2 97.8 1958_: 1, 2%s Jan. 3.31 ' 97.30 1, Nov. 18.22 4.72 X12.24 1957 15. Jan. 99.29 98.24 2Ws 16.70 lc 1 —— 2%s May 11.82 Petroleum * 100.1 100.3 99.27 3'/«s Special Investment shares—lc 7.68 1956 1957-56 12.91 Electrical 14.51 99.30 1C0.1 99.23 1958— 15, 99.25 99.25 97.20 1957 1, 10.42 Bonds) 19.81 ' 15. 99.31 1. Oct. 11.91 Automobile 18% Oct Nov. 99.30 99.21 15,* 1957 May l%s 2V4s 17.80 16% DITerSHieu 3.15s Feb 3s 3.30s 20.87 10.16 16.77 99.31 99.29 3.50s 3.05s 18.23 15.51 Sept. ' Ask 99.26 1956- 14, Sept. 9.54 Priced iCc-S: Diversified Growth dtock Fund 7.10 3 V8s *, 15, Aug. 3.20s a21.40 (Income Pfd Transport ueiawaic 6.48 16.38 1 Ex-200 % 10.08 11.02 16, " Bid 2%s 100.1 100.1 103.1 10.91 % - 10.53 1956 1956 17, 1956 July 3V«s 4.95 9.64 99.31 99.31 „ 19.13 13.22 12.25 13.64 4.53 (Discount 22.39 20.63 -1 X12.47 15, June 3s Loan Banks— 1956 Home Federal BondsU-.—1 Stocks)—1 ' K-2 (Speculative Pfd -Sties) 1 8-1 (Higti-Grade Com Stk)—1 S-2 (Income Com Stocks)—1 S-3 (Speculative Com Stk)—1 S-4- (Low Priced Com Stks)_l Keystone Fund of Canada Ltd-1 Knickerbocker Fund 1 Lexington Trust Fund— 25c Life Insurance Investors Inc—I Life Insurance Stk Fund Inc__1 Loomis Sayles Mutual Fund—* Managed Funds- (Low K-l 7.49 ' u 7.92 Federaf Land Bank Bonds— 27.67 B-4 13.86 12.65 7.24 Ask 25.36 (Medium Grade Bonds B-3 17.72 1 12.09 1 )-l 1 13.90 24.43 Corp Bid 11.05 27.17 B-2 12.79 of a point Figures after decimal point represent one or more 32nda Ask 26.03 4% 3% Bid Par Insumuuiuu oaares Ltd (Cont)—* institutional Growth Fund, lc Institutional Income Fund_lc Institutional Insur Fund—lc Intl Resources Fund Inc lc investment Go of America, 1 Investment Trust of Boston—1 Jefferson Custodian Funds Inc-1 Johnston (The) Mutual Fund.l Mutual Funds— Keystone Custodian Funds— B-l (Investment Bonds) 22.72 Fund Ltd California Fund Inc Pund 6.47 • -1 10c Bullock Capttal Venture >1; 15.42 5.95 Mutual Fund Inc—1 Tr of America Boston Fund Inc —— Bowling Green Fund Inc Bond Inv Broad Street Invest I.72 14.14 1 Corp Holdings Blue Ridge 9.91 1.56 J Axe-Houghton Fund "A Inc__l Axa-Houghton Fund "Br Inc—5 Axp-Houghton Stock Fund Inc_l Beneficial Corp 1 Blair 4.28 9.06 Atomic Development Mutual Fund Inc 6.57 4.01 Inc 1-^5 American Business Shares 1 American Mutual Fund Inc—1 Associated Fund Trust———— Fund Affiliated - l.v3 1.53 4»C r una Ask Bid 99% 100% Volume 183 Number 5539 . The Commercial and Financial Chronicle v, . (2689) Third Federal Reserve THE COURSE OF BANK CLEARINGS Bank clearings this week will show v liminary figures compiled by of the based us increase compared with an upon a year ago. Pre¬ Week Ended Pennsylvania—Altooria Bethlehem $18,689,508,892 against $17,558,793,093 for the there is same gain for the week ending Friday of 7.7%. a the week follows: r Our comparative summary for + 1,008.000.000 + 3.3 4 7.7 570,639,437 Ten Other i__—L—- . M ■ I + day one 280,433,500 4 2,934,535 5,323,917 5,806,662 8.8 —18.1 3,297,727 7,072,449 2,788,026 7,760,356 6.8 11,984,292 11,593,782 — + , + 16.9 12,217,451 9,646,525 1,103,084,027 1,127,255,839 + 14,772,193 8,510,271 + 10.1 231,303,458 484,555,367 + 16.0 441,116,436 465,299,485 49,982,100 + 6.4 47,315,900 42,602,100 ; ' (7 7,001,944 226,702,738 1 53,156,000 ^ 14,969,941 10,944,694 + 36.8 12,951,157 11,253,889 + 15.1 10,315,706 10,325,590 455,537,143 406,119,022 12.2 364,706,803 394,555,806 1,392,815,964 1,227,195,460 +13.5 1,112,683,214 3,613,212 + 27.2 tj± ~ 6.5 + 41.4 253,890,236 562,018,351 Pennsylvania—Pittsburgh™ Total 10,450,152 279,411,179 Youngstown 5.3 295,219,725 3,331,374,424 3,338,983,144 + ■ !'■ f •„ + 9,414,640 _ 8,880,217 - cities) i. Fifth Federal Reserve District—Richmond— west Virginia—Huntington Virginia—Norfolk 6.1 ' 1,155,367,939 South ' * ;. ' 2,540,392 3,233,448 20,359,749 18,575,000 + 9.6 17,573,000 + 11.3 163,332,585 348,118,400. 176,795,131 5,905,211 374,995,830 7.2 371,001,641 275,923,635 120,122,639 112,086,755 + 7.2 114,397,937 96,464,162 691,971,139 + 0.7 674,531,252 .562,609,199 24,053,987 108,545,336 + 12.1 115,644,833 6.5 95,379,419 ;36C,700,000 Carolina—Charleston + 6.5 6.1 District of. $18,689,508,892 $17,558,793,093 + 6.4 - Maryland—Baltimore + 832,843,606 , 196,786,737. 326,800,000 + 10.4 292,900,000 ; 784,745,784 $17,856,665,286 $16,774,047,309 < '■lo¬ - 4,594,925 —; Richmond |, ' 3,482,572 + 10.9 —14.8 +13.5 * Columbus + 14.3 v.i'vI — 1,077,000,000 8.9 ; ___™____^_- 4,463,247 1,051,000,000 9,979,115 - Mansfield 0.2 $14,525,290,862 $13,635,064,165 Total all cities, five days cities, * 370,386,082 * 3,914,873 14.1 + 6,705,342 3,507,119 7,314,932 12,537,193 1,796,064 1,534,998 —26.1 1,203,396,088 Cincinnati.™ 2.9 "f" ™_4_—t-——* .■ — , 0.2 + 1,904,844 11,668,250 Ohio—Canton 18.7 449,955,770 l- — cities, five days— ;i.. 508,334,478 •490.000,000 — cities, five days__. 301,400,000 + 423,448,669 —_L™__™________i-— — 285,284,133 507,412,000 Francisco 529,836,346 313.238,458 ' 1,765,546 1,365,202,787 cities).—... Cleveland,...™™ 310,100,000 ; (11 $ 1,490,202 :' 1,561,848 . Fourth Federal Reserve District—Cleveland— 9.3 ,1 •'.Baltimore All 864,660,462 ... :____ Pittsburgh ' ■ 13,390,894 New Jersey—Trenton... 7.7 945,373,867 > __ City Cleveland : + _ ___„ ? Louis San . / 5 ggg 319-, Delaware—Wilmington ,i_L™ 1959 $ + 110.3 3,420,988 3,794,885 5.712.027 "3,200,000 !____ 1954 1.3 — % $8,936,773,394 1,041,000,000 ... Philadelphia St. 1955 $9,628,808,706 a —... Kansas ^ York Total 1956 York Boston 5,381,947 1,150,000,000 ■ Week Ended June 2— Chicago 1,770,721 1,775,143 ^—. Inc. Dec. % ' 855,006 3,975,736 Bcranton. CLEARINGS—RETURNS BY TELEGRAPH New 1,923,725 1,312,000,000 Wilkes-Barre " ,rj l|797|868 ' Philadelphia Reading.. At this center or $ 1,899,665 ___; Lancaster Our preliminary totals stand week in 1955. * Chester country, indicate that for the week ended Saturday, June 2, clearings for all cities of the United States for which it is possible to obtain weekly clearings will be "at 5 May 26 1955 $ telegraphic advices from the chief cities 6.4% above those of the corresponding week last year. District—Philadelphia— 1950 i. w 49 7,119,278 t — ,, Columbia—Washington— -h + 20.6 — 16,207,000 > 166,052,732 4,992,641' 5,421,277 , • ' 4 . . Total; all •Estimated. 1 . cities for week ____; •; > -/< Total ■. ends We furnish cannot them today, inasmuch In the elaborate detailed May 26. For that week there week in 1955. at this center cases an was an increase of 17.2%. — this a summary a 3rd $ / 12 dftlM an $ Dec. $ % 691,381,966 M 1,365,202,787 1,203,396,088 + 13.5 1,103,084,027 1,392,815,964 1,227,195,460 + 13.5 1,112,683,214 697,101,728 691,971,139 + 0.7 674,531,252 Des 10 " ^,114,526,740 994,663,777 17 " 1,393,126,517 1,298,988,849 St. Louis 4 " 689,082,533 607,107,845 + 13.5 581,182,199 Minneapolis 7 ** 520,473,361 478,202,601 + 8.8 441,410,461 9 " 575,549,969 547,247,540 + 5.1 550,338,286 + 12.1 866,752,971 1,215,764,291 M 527,764,560 498,159,874 + 5.9 423,175,356 1,175,233,047 1,078,613,312 + 9.0 940,164,612 19,048,464,510 21,599,030,326 9,731,591,534 10,682,453,301 + 13.4 + 9.8 18,587,658,958 8,933,725,173 detailed statement showing the figures for each ..... the week ended May 26 for four years: Clearings at— 2 1950 Lowell 3,427,301 . — Worcester Inc. or 1954 Dakota—Fargo Dakota—Aberdeen $ New Rhode New 2,415.661 + 5.5 2,081,643 Haven Hampshire—Manchester (7 (12 cities)— —45.1 4,088,513 1.744.501 1,459,875 7.0 889,956,744 898,752,111 —10.9 5,053,787 3,278,31-S -42,263,324 + + 1.2 11,333,706 + 1.4 10,156,779 + 6.4 4,949,557 1,298,988,849 + 7.3 1,215,764,291 1,163,347,82S 7,238,336 - 4,018,162 316,500,000 + 13.0 319,100,000 312.000,000 174 862,805 + 14.2 151,467,475 150,255,371 112,944,419 + 14.1 108,513,368 100,155,733 6.9 2,101,356 2,061,514 607,107,845 +13.5 581,182,199 564,472,621 2,800,621 + 7,654,227 323,210,622 120,880,192 7,334,278 3,576,945 11,863,025 5,351,689 10,194.651 520,473,361 478,202,604 2.2 6,812,120 7.681,741 + 10.7 + 3.9 291,450,441 292,864,685 116,994,206 111,240,692 + 5,227,036 6,815,843 + 4.6 +21.7 3,540.430 3,133,303 1.3 5,228,457 3,705,123 +16.4 10,568,961 8,669,995 8.8 441,410,461 432,522,630 — cities) - + 18.5 5,346,949 Omaha-*. St. 612,008,790 + 14.2 579,933,141 + 3.4 3,312,907 +11.1 755,603 —-20.5 + 9.8 138,826,050 + 7,819,40) 155,376,297 .. 9,063,632 - . 23,482,590 374,267,841 11,111,946 5,851,733 Joseph Pueblo 7,958,719 25,536,432 City 352,108,038 11,062,375 5,064,489 (a) - 847,548 782,432 7,586,538 140,672,853 - - Colorado—Colorado Springs——— 2,848,521 981,311 1,003,133 600,425 (a) 1.3 +13.9 6.3 + 0.4 +15.5 340,150,163 10,875,480 4,241,992 , 9,106,873 20,435,605 + + 693,138 6,276,679 139.424,275 6,580.641 8.7 * ... 18,313,547 326,448,707 , > 10,296,043 -2.286,881 3,094,951 , 2,536,813 552,921,404 3,314,486 City- 1,114,131 ___'■ Kansas—Topeka 4,700,060 + 8,330,976 1,616,040 —13.4 1,194,031 —20.6 2,958,657 2,627,328 12,529,710 + 15.3 12,340,513 11,271,538 10,238,696 9,179,504 + 11.5 8,375,897 8,064,374 32,792,136 + 24.2 36,367,474 33,450,396 18,943,876 + 11.8 15,071,468 16,975,697 25,588,700 + 19.5 22,331,400 31,019,600 cities)™ (9 547,847,540 575,549,969 - + 5.1 550,338,286 516,232,471 + 6,770,354 360,623,973 5,665,907 275,078,548 24,010,121 5,006,0CJ 4.363,384 1,219,502 4,084,232 Total Eleventh Federal Reserve District—Dallas— 2,514,723 2,269,032 + 10.8 2,067,886 836,260,741 730,556,951 + 14.5 691,381,966 9,258,444 Worth ; 423,485,588 + 5.1 5.8 38,773,161 Dallas Forth 8,810,359 448,094,662 Texas—Austin 36,411,553 + 6.5 7,467,000 7,360,000 Galveston — 30,74 4,584 6,162,000 6,083.466 1.4 +14.8 7,674,629 15,298,573 + 8.5 12,790,979 8,571,098 527,764,560 . 6,686,801 16,603,664 Falls Louisiana—Shreveport 498,159,874 + 5.9 423,175,356 322,695,053 1,648,338 Total Total ;11.839,067 9,351,798 5.284,008 - Wichita Island—Providence 30,788,518 14,019,492 5,478,236 Tenth Federal Reserve District—Kansas 1,621,780 5,814,784 1 30,579,000 Connecticut—Hartford 37,770,972 5.1 + — >,13,483,886 7,673,497 - Helena $ 21,177,706 .. 5,968,028 2,624,628 4,354,727 Montana—Billings 195^ Dec. % 40,712,292 . 1.6 973,337,797 7,820,614 Lincoln 14,446,546 — 14,298,875 125,582,688 - Paul South city and for 1,400,123 __ 36,582,522 357,894,802 - Minneapolis St .. 3,243,066 Springfield 3,035,831 90,611,201 4,614,737 Ninth Federal Reserve District—Minneapolis- Wichita 693.099,508 __ 2,852,660 127,412,059 + 8,529,945,483 $ 6,8:3,226 New Bedford 1.6 17.2 + 24.2 — 357,600,000 (4 cities) Minnesota— Duluth 17,397,108,780 1955 ' 2,548.554 __ 5,247,736 199,621,535 128,867,123 2,933,875 — - Missouri—Kansas River 3,739,822 107,473,767 689,082,533 Louis Nebraska—Fremont $ Fall 10,623,130 1,393,126,517 Kentucky—Louisville First Federal Reserve District—Boston— Portland 8,033,759 — 5,827,869 .; Tennessee—Memphis™. Illinois—Quincy. Week Ended May 26 Massachusetts—Boston 5.2 13,647,787 .—— — .'_ Hastings'——i- Maine—Bangor 9,994,893 5,198,840 Eighth Federal Reserve District—St. Louis— 900,293,016 " our 59,930,000 5,319,362 (17 cities) Total add 8,098,884 66,502,000 + 9,485,735 ._ North now 7,453,605 8.5 13,562,860 1,441,666 1,041,825,588 — Missouri—St. 322,695,058 " 109 We + 26.8 1,163,347,828 10 City__ 10,805,371 7,366,064 9,353,578 6,517,200 City 793,195,507 7.3 + 0 York 1,318,249 14,718,369 72,111,000 37,176,353 Decatur 516,232,471 New 1.795.500 1.8 10,662,820 3,679,371 Chicago 432,522,630 Outside 1.8 + 17,370,454 9,479,558 125,961,294 Rapids _• + —11.1 1,909,009 17,676,847 9,476,713 Illinois—Bloomington 564,472,621 9th __ 793,195,507 11,855,665 — Moines Total 8th Total 866,752,971 562,603,199 Chicago : +12.1 7,864,033 1,942,643 Haute Sioux 1,155,367,939 Atlanta Francisco 994,663,777 8,727,162 78,250,000 Terre 1,127,255,889 7th Dallas 150,768,5,*6 . Bend towa—Cedar 668,368,538 6th San 415,521 161,738,714 District—Chicago- Wayne South 9,190,747,084 - 531,175 1.1 $ 9,987,190,323 ^ 7.9 + 1953 16.7 " 135,409,672 + Arbor— Indianapolis Total 1954 Inc. or 14.5 6 3,930,449 108,588,143 1,114,526,740 : Springfield + Richmond ' • 11,078,600 478,424 " Rockfoid + 6th 6,005,252 s ; 193,658,709 - Rapids Peoria 730,556,951 " •< ' 12,869,453 516,060 Orleans cities) (10 4,969,081 195,807,174 4. Indiana—Fort / 9,691,761,071 7 11th + 16.2 281,700,000 126,899,026 Lansing by Federal Reserve Districts: 836,280,741 Cleveland 12th + 19.4 Grand District of 5.9% 11,311,872,379 _ 145,041,574 Seventh Federal Reserve In the Kansas City " 4th 10th Kansas City 173,221,296 Michigan—Ann larger by 13.5%, are 11 — 149,655,758 21,585,460 76,929,376 f 4,140,238 + 24.0 Total improvement 10 Philadelphia + 24.2 Mobile- gain of 7.3%, the St. Louis Reserve 1955 1950 York + 5,135,498 SUMMARY OF BANK CLEARINGS Week Ended May 26— 1st Boston 13.5 5,759,842 Louisiana—New note that in we increase of 5.1%, in the Dallas Reserve In the following we furnish 2nd New 21,812,398 174,071,807 Wisconsin—Milwaukee and in the San Francisco Reserve District of 9.0%. . + 6,378,684 6,581,865 ; Mississippi—Vicksburg week ended the bank clearings totals show and the Minneapolis Reserve District of 8.8%. an " 215,849,867 Augusta by 0.7% and in the Atlanta Reserve District by The Chicago Reserve District records District of 13.5% ' . 26,957,508 Macon We group the cities according to the In the Cleveland Reserve District the totals in the Richmond Reserve District Reserve District there is ' Florida—Jacksonville 16.7%, in the Boston Reserve District of 14.5% and in the Philadelphia Reserve 12.1%. " $21,599,030,326 against $19,048,464,510 in the the New York Reserve District (including this city) the District of 13.5%. ' . 697,101,728- Georgia—Atlanta increase of 13.4%, the aggregate clearings for Federal Reserve Districts in which they are located and from of the week has to be estimated. Outside of this city there was a gain of 9.8%, showing as statement, however, which we present further below, the whole country having amounted to same m ; reiinessee—Knoxville_ not available at time of going to press. are able to give final and complete results of the previous week are ft & Alabama—Birmingham Saturday, and the Saturday figures Accordingly, in the above the last day of the week in all we ' i. Nashville issue of next week. our * Sixth Federal Reserve District—Atlanta— Complete and exact details for the week covered by the foregoing will appear in , cities) (6 cities) (6 668,368,538 — ' • • ' i . . Twelfth Federal Reserve District—San Francisco— < Second Federal Reserve Distrtd—New YorkYork—Albany 20,657,460 > Blnghamton (a) ' Buffalo 2,723,923 18,740,599 3,606,805 3,710.419 + 2.7 116,026,811 117,753,599 3,803,816 129,293,444 Rochester 2,720,416 + 0.1 3,547,215 York 16,477.686 2,606,245 + 36.1 9,316,872,916 + 17.2 Connecticut—Stamford Jersey—Newark Northern Utah—Salt New (10 Jersey cities) CityBeach 2,199,872 2,076,537 San Jose 9,653,933,785 8,867,163,292 + 16,181,225 + 23.3 15,162,818 16,330,074 •32,000,000 29,754,433 + 7.5 22,136,331 20,391,920 27,842,812 • IIII Francisco" 30.686,225 180,001,442 89.495.4G7 Pasadena- San 19,956,068 8.5 Lake California—Long santa " - Barbara":::!::;::::::—: Stockton. - 26,984,257 14,855,780 634,924,836 21,895,946 6:777:93. + 7.9 153,143,537 5,205.079 5,223,752 —12.5 151,344,445, +18.9 97,869,263 — 8.6 23.153,427 + 16.5 13,850,883 + 7.3 581,711,935 + 9.1 19,838,156 +10.4 4,569,380 Oregon—Portland- 2,418,746 2,092,144 33,305,907 Svraciise Total 0.1 10,916,577,025 - Jamestown New + ' Elmira— New 132,813,421 20,641,489 170,735,100 184,301,836 Washington—Seattle Yakima Hew 1 19,306,190 12,618.073 494,339,632 15,286,113 +17.1 8,836,4o8 140,784,217 85,205,578 ». 9,757,130 11,426,172 152,354,198 3i844,2b2 118.428,612 60,116,43a 1®'®'2,683 11.458,084 5?^81,193 15,4/6,640 3.339.7» 9,621,1-J 26,256,899 67.959,094 61,095,225 + 11.2 57,227,851 82,332,266 78.103,537 + 5.4 68,220,415 64,901,626 11,311,872,379 9,691,761,071 + 16.7 9,987,190,323 9,190,747,084 Total Grand (10 total 1,175,233,047 cities)— (109 cities) — 1,078,613,312 21,599,030,326 19.048,464,510 10,682,453,301 9,731,591,594 9.0 940,164,612 900,293,016 +13.4 18,587,658,958 17,397,108,780 9.8 8,933,725,173 8,529,945,483 + 53,266,286 Outside New York City •Estimated, (a) Clearings operations discontinued. + Commercial and. Financial Chronicle The (2690) 50 General Time the different certifies daily to the Secretary of the Treasury the buying rate for cable transfers on countries of the world. We give below a record for the week just passed. CERTIFIED RATES EXCHANGE FOREIGN FEDERAL BY MAY 25, /, RESERVE BANK TO Pipe NayJor Co., 4% Union" Oil of Co. « * Jun 30 Jun preferred stock 2293 Jun 29 ' stock preierence Jun 28 — Caliiornia— 3^""convertible due debentures, (subordinate) _Jun 29 1975 tU Jv M. ■ Friday Tuesday May 28 $ Argentina, peso— $ .0555555* dollar Canada Ceylon, .0267793* . 2.234312 .0385802* . 0200375 .326675 1.010513 1.010937 ,210000 .00435401* .00285500 .237425* .210000 2.806250 ,0800560 .261100 2.778465 .140080* .496766* .0349000 .193330* .233315 2.795765 2.806250 <> rupee Finland, markka (Metropolitan!, franc France Ireland, pound Mexico, - mark--! Germany, Deutsche India, rupee .. peso Netherlands, guilder New Zealand, pound _ ; krone Philippine Islands, Portugal, escudo Sweden, krona Norway, Switzerland, peso - - franc Union of South United - - Africa, pound pound sterling Kingdom, .210000 .00435401* . 00285500 .237425* .210000 2.805937 .0800560 .261100 2.778155 .140080* .496766* .0349000 .193330* .233325 -> 2.795454 7^2.805937 * >■ - issue. DIVIDENDS (Continued from page 16) .0278633* .0267756* 2.235806 .0385802* .0200375 .326850 1.010156 ___ this $ .0555555* .0555555* .0268466* pound in Announcement May 31 ~$ 2.236055 .0385802* .0200250 .326825 Free Austria, schilling ; Belgium, franc British Malaysia, Malayan dollar • Thursday Itf ay 30 - $ .0555555* Official Wednesday May 29 Monday May 25 Australia, (Value in United States Money) Noon Buying Rate for Cable Transfers in New York Unit Monetary Country Per 2.233150 :■ .0385802* \ Name of Company ; ' 7. (s-a)_ Burlington County Ry. Co. 75c Camden & .326550 Campbell. (A. S.) Co., common $2.50 preferred (quar.) Campbell Red Lake Mines, Ltd — Canada Bread Co. Ltd., com. (annual)—— 1.010468 Closed .209800 Memorial .209900 .00435401* .00285500 .237450* . .00435401* Day 5% .00285468 preference B (quar.) .237525* Canada Cement Ltd., .209800 .'209900 2.804062 .0800560 .261100 2.776299 .140080* .496766* .0349000 .193330* .233310 2.793586 2.804010 * , Canada $4.25 2.802604 preferred Class .261100 2.774855 A Canada " Demand Federal Reserve Banks Combined Canada Malting Ltd., 4% .233325 Decrease (—) Since May 30, ASSETS— ' 1956 . Gold certificate account Other cash Discounts S. 10,895 — 78 47,859 + — + 96,992 84,440 356,091 — 16,881 + —142,274 + Assurance %„ preferred (quar.i + 3 + + 1,704 + 450c Certificates — 500,480 10,932,699 9,153,913 5-15 7-3 6-15 bought outright +160,800 - 34,900 + — 34,900 • adjusted* chasing Other U. S. Govt, securities 23,395,232 from Bank cash items + 4,220,491 + 50,157,733 U. S. Treasurer—general Foreign acct. Treasury S. in — ___ 19,436,687 108,340 — 102,349 Time 78,724 + —367,526 20,786 + — 461,345 ,+ 128,831 + 2,223 1,125 48,933,767 —396,735 90,622 + CAPITAL ACCOUNTS— Surplus Surplus Other (Section capital to of gold deposit 13b)__ and F. R. U. S. 50,157,733 32,711 + 7,041 33,781 —389,661 on .3% + _ accept¬ 45,770 — 22 2,466 — 5 + 943 the following principal changes for the week May 23: Decreases of $205 million in holdings of Government securities and $801 million in demand deposits credited to domestic banks, and an increase of $445 million in demand deposits adjusted. Commercial and industrial loans decreased in all but district and a total of $111 million at all one reporting member banks; the principal changes were decreases of $60 million in New York City, $14 million in the Chicago District, and $12 million each in the Cleveland and At¬ lanta Districts, and an increase of $12 million in the San Changes according to industry in another press release. for and purchasing other or appear Loans to brokers and dealers carrying securities United increased States $129 Government million. "Other" t$2 7- 75c 6- 75c 6- 40c 6- 20c 6-29 6- 4 40c 6-13 6- 1 25c 6-15 6- 8 . __ <quar.)_ ; _:— (initial)-— (quar.)*.*.— , 8-15 6- 1 6- 1 6- I 5-21 8 5-25 7- 1 7- 2' Food B 6-21 — 40c __. (quar.) + 33 + 1,9031 Class B 205 ■—. 5-28 6-11 * Banks— banks (A. —3,302 33 — —1,910 + 3 + 126 474 — 5% preferred America, Fibre > 8-15 11-13 ;11-15 6-13 6- 6-10 5-31 8-10 7-20 $1.05 8-10 .7-20 12V2c 1 ' 30c + 45c (quar.)__. of Corp. 11-30^ 50c r__ (quar.) common ) 8-15 8-31 11-30 $25C (quar.) Co. preference Central 8 — & J 6-22 6- 4 $1.12% 7- 1 6- 4 $1.75 7- 1 6- 4 7- 3 common Central Canada Investments, 3 + 196 M.) i 4 V2 % preferred A (quar.)— 7% preferred (quar.)__ , 257 + 49 + — 4.20% Celanese 726 — 7 — 2,359 & Caterpillar Tractor, 41 — 13,197 Castle Castle 8-31 J25C , 5-28 2 f 12c __ (quar.) Cooke, Ltd.__ 665 — $13c (quar.) ■ 542 — 29 — $1.75 \ —6,419 102 — 19,614 . (quar.) (quar.) A : V 6-15 $2 • 8-12 Class 549 > 5-21 93%c — Telegraph pid. (quar.) Products, Ltd., class A Glass 55,444 U. S. Government deposits + 445 21,687 adjusted + 49 .-j, Ltd.— t$2.50 (s-a) 6-23 6-12 6- 1 25c 6-12 6- 1. 25c 6-12 6- 1 25c 6-12 6- 1 6-12 6- 1 15 C 6-20 6- 8 $1.25 (quar.) com. ■ 25c 37'/2c voting Products, 6-20 6- 9 ;' t ._. 3,974 _ 51 — 6% 175 + banks ; 9,561 __ 801 — (quar.) Georgia Ry. 5% preferred A 5% 64 — (quar.) Foundry Central of deposits: banks 1,522 4 — preferred (quar.) From others 5, of to 1955 $25 banks items shown are reclassification 34 + 5% 271 + 138 + 208 deduction preferred A preferred B Central Illinois Light, common preferred (quar.')_— loans industrial and "other" and 4% loans Illinois Public preferred 65C (quar.) $1,121/2 Service, com. (quar.) 40c (quar.) $1 ■; 4.92%. preferred (quar.) , 4V4%. preferred (quar.) 1 Centraf-Illinois Securities, common (quar.)_ $1.50 convertible preference (quar.)_ respectively. Holdings of Treasury bills decreased Redemption Calls and Sinking Fund million in New York City and a total of $102 million at all report¬ ing member banks. Holdings of Treasury certificates of 3.50preferred 4.60% preferred Below will be found and list of corporate a those called called stock common under sinking Central Vermont for redemption, fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in current volume (except where indicated) in which the details were given in the "Chronicle." the , OF TENDER 4.65 4.75% Class A preferred Century Electric Philadelphia Con. Date Transportation mtge. 3%-6% Page Chance 2295 Champion due Jan. A, ser. 1, 2039__Jun 15 $4.50 PARTIAL Chance REDEMPTION Company and Issue— ACF Industries, Allied Artists 15-year 4% s. Amun-Jsraeli 5V2% conv. pfd. stk_Jun Trading Corp.— debentures, series B, due Corp., Northeastern 6% f. s. Water fund Lawrence s. f. bonds due July 1965__July July trust bonds, * Pacific RR. income , 35c 8- 6-30 6- 7- 2 6- 8 $1.15 7- 2 6- 8 $1.15 7- 2 6- 8 7- 2 6- 8 7- 2 6- 8 6-11 6- 1 Service— 7- 6-15 (quar.) $1.17 7- 6-15 $1.19 7- 6-15 6c 7- 10c 7- 6-11 $2 6-30 6-11 I2V2C 6-14 5-25 .— (quar.) 6-11 * 7%c 6-15 6- (quar.) 25c 6-20 5-28 40c 6-26 6- 8 6- 1 Co. B.) 10c America of & $1.12% (quar.) Mills (quar.) 7- 1 30c (quar.) Co. Gas 6-15 Fibre— 6- 9 7- 1 22 %c 7%C (quar.)_——__; Chemical Corn Exchange Bank (N. Y.) (quar.) 50c 10c Corp. $4 preferred $6 preferred $1 (quar.)_ 2538 1, 2294 Chicago, Burlington <te Quincy RR Chicagor& Eastern Illinois RR., com. 1963 Jun Jan. 1, 1968_July series 30 1 * Jun 15 2541 Jun 15 2541 Oct. 6-11 5-25 6-11 6-15 5-21 7- 6-15 1 6-20 6- 7- 6-20 $1.50 (quar.) 7- 1 5 Jun 1, 1984 6-20 1 87V2c 6-20 (quar.) 87 %c 8- Chesbrough-Pond's, Inc. (quar.) 75c is-a) 3Vj2% $2 & conv. Ohio Allerton class Ry., preferred Hotel common (quar.) Great Ry., 1 7- 6 6- 4 6-20 6-15 $2 6-22 6- 25c 6-28 6-15 11- 1 10-15 7- 6 6-20 $1 Western 6-25 6, $2.50 ^ (quar.) A 5% preferred (quar.) Chicago Mill & Lumber 1 common 35c 5 62 %c 6-29 6-20 25c 6-29 6-15 50c 7- 6-14 30c (quar.) 6-15 5-25 67 %C 6-30 6-13 - ' due 1 (quar.) Aircraft Paper Chesapeake Co.— debentures, V 8 Mills Chattanooga Chicago 6% 1 7-16 1 87 VaC 25c * Corp.— Mortgage gold bonds, V. 6-18 37%c $1.183/4 2534 due j 6-18 6- $1.50 1 first 30-year 5% . Co.— coll. 6-18 Chicago debs., conv. 6-30 6-15 (quar.) preferred Chemway 5-21 10c — April 1, 1961 July 1 due Nov. 1, 1968_Jun 15 mtge. s. f. bonds, series A, due 1972 mtge. s. f. bonds, series B, due 1972 Tokyo Electric Light Co., Ltd.— First 2285 1 first Western 15 6-11 ' „ue8apeake Industries 1967 Co.— debentures, due f. s. Newman-Crosby Steel Co.— 12-year 5'%% sub. debs, due 4%% * Winkle-Munning 15-year 4'%% sink, cum. stock___—_July 16 Palestine f. Housing Corp., 3% Hanson-Van 5 % preferred cum. Pictures Corp., Ampal-American Ludman 5% Inc,, Page 1 6-15 $1.04 Co. Paper (A. Charmln Date 8 6- 2 Products Vought Chamberlin Co.— bonds, 12- 6-22 7- 6-30 common 8% 12-20 6-30 (quar.) preferred (quar.) Acceptance, common Century 8 (quar.) preferred %.. preferred Certain-teed Company and Issue— Public 12- $1.23 (quar.)_i_ common (quar.)_ 4.15% Century Ribbon NOTICE Co., 6%""preferred (quar.) 4.75% preferred (quar.) Central Steel & Wire bonds, notes, 12-20 !. $1.06 V* < quar._—_ 4.60%^. convertible preferred Notices 5% $83 Central Maine Powej 8 $1.25 (quar.) Central re¬ 9 8 9- 6-20 9-20 $1.25 v . 9-20 $1.25 (quar.) 41/2% commercial estate real valuation of gross. increased decreased and million, after and + 982 loans million $318 and 590 - individual loan tOct $294 Banks Reserve 69- $1.25 $1.25 (quar.) (quar.) (quar.) 5% Federal serves; B preferred A 5%; preferred B 10 + , Co.— 5% Foreign — — preferred Central 400 + (quar.). common Extra 993 — Borrowings: St. loans increased $33 million. 7- 7% Co.. 149 indebtedness 19,448 — The condition statement of weekly reporting member banks of the Federal Reserve System in leading cities Francisco District. 7- 7- I.) (J. Non-voting demand including States 9- m t$1.25 6-15 808t 634 foreign Condition Statement of Member Banks ended 8 8-15 5-21 + 6,080 Government preferred shows 6- 9- 6-11 + 26,877 , 6-14. • 6-11 Case 177,917 + lia¬ for 3 6-20 t$1.25 — correspondents Industrial loan commitments United 194 — reserves note 7- t$l 6-30 2 966 deposits Domestic loans + 46.3% liability purchased ances 20,803 27,543 bilities combined Contingent + + 188,116 .___ capital accts. certificate and 33 + 693,612 accounts— liab. Total Ratio 314,695 7) t20c 50c 23 7,995 deposits except ♦Exclusive in (Section 129 + 1,307 From Capital paid 1 6-15 • 10c 329,380 — , —155,055 3,364,574 liabilities 1 6- 2 25c + _ domestic 6- 6-30 7- ; Mifls (quarJ + — Reserve 6-30 1' Plywood 8,494 _ Federal ■v 6- Carthage Catelli securities—total of 5-31 ' —_— common Extra Demand +182,531 items Total - • * 5-31 ' *$2 (quar.) (quar.) >;? 5-31 5-31 ' 3 6-30 t433Ac 5,4521" if + LIABILITIES— — 16,548 Other liab. and accrued dividends cash + 7- 115c ______ (quar.) 1st preferred Telephone & Carolina 6-15 'i-; 7- 3 t31'Ac t25c Y (quar.)— pfd. (quar.) new Carnoryter Steel carry¬ or vault Interbank deposits availability 7,980 111) — 2,492 banks with 835 + + f t37'/aC . 10,743 __ t20c 6-15 Trust — Kennedy Mfg. Co., f$i'i Cascades securities __ with + 76 B 1,280 bonds Reserves 3%% 126 __ 478 _ .3J certificates securities to (Philip) Carey pur¬ _ _ Treasury notes U. Other Balances —201,353 492,317 Deferred for _ 420,913 + —119,685 295,534 Other loans V Co. & 1. — (quar.) class - . "... 434,202 __ Total 1955 27,615 __ __ purchasing Government S. Cash +124,721 v ' 18,214,634 reserves 177,917 + for 6-1 tl5c common Carey,. Baxter May 25, 85,115 loans dealers and loans Treasury bills 10,095 31,306 • 26,111,720 . bank + + —389,661 . notes Deposits: Member 291,242 59 loans Other 221,396 + industrial carrying or estate Loans assets Reserve <— 8,110 — 195,016 LIABILITIES— Federal 55,133 —388,027 66,622 __ assets Total 298,580 22 premises Other 23,985,291 foreign banks Uncollected — Mills, Common 1956 ing securities * U. Total loans and securities Due +195,700 adjusted* loans to brokers 6- 3 :.v (quar.) Investment Oil Cos., Ltd., 4% 5%' preferred (quar.)— 8% preferred (quar.)__ Carborundum May 16, 50,243 and Agricultural Real Tofal 5%-t-prelerred (In millions of dollars) Commercial 3 7* Machine, Ltd., class A Ltd. (quar.) International Carnation investments 7- common Cannon 1956 34,900 + ' <■ May 23, 333,480 '• Canadian General Electric Ltd. "Ltd. - 9-14 12-14 t$1.10 —_ ___ Canadian Ice 10- 131'Ac $1.75 Increase ( + ) or Loans 23,360,332 Held under repurchase agreem't *' "• r Ltd.— Co. (quar.—"—1—_ (initial after 5 for 1 split) Decrease (—) Since 2,801,750 Total r • rr 6-15 1 1-2-57 tlOc Celanese, Ltd., common (quar.)_ preferred ' (quar.) preferred (quar,),.——,—— $1 7-3 noc Canadian of assets and liabilities of reporting mem—; ber banks follows: —2,491,924 Bonds B Cable & Canadian +2,658,924 Notes Class Loans to banks increased $126 million. and t 6-22 6-15 5-15 Canadian Breweries, Ltd., common (quar.)_I $1,25 convertible preference (quar.)_ million. Loans 'r; 6-11■ 3 6-15 Canadian-Ingersoll-Rand, ASSETS— +160,800 A Borrowings from Federal Reserve Banks increased $34 million and borrowings from others increased $138 Loans 471,970 Class million. 1,457 ) Bills Wire Canadian securities: Bought outright— 7- tlOc $373 million in increased 235 16,439 5-31 429 y«c (6-15 (quar.) common (quar.) Special ^Special : Canada Safeway, Ltd., 4.40% pfd. (quar.)— Canada Steamship Lines, Ltd., 5% pfd. (s-a) decreased A summary ■; 6-15 •r 7-15 m I75C City, $106 million in Chicago, and $80 mil¬ Cleveland District, but they decreased $114 the San Francisco District. Time deposits in¬ $49 + 7- -3 t37%c 2.802589 5,646 -— 930 Government creased ; ' 6-15- 1 7- (initial quar.) t$1.06y« 2.792133 24,930 572,690 advances loans Acceptances—bought outright U. 107,887 + 79 —- 21,084,847 249,353 ;£ _ and Industrial 1 + 834,859 Total gold certificate reserves V. R. notes of other banks 1955 1956 20,249,988 __ Redemption fund for F. R. notes June 1; May 23, 8 5-21 Canada Permanent Mortgage Corp. (Toronto) • in the million in Increase ( + ) or } York lion 6- ' - deposits adjusted New (In thousands of dollars) 3 6-15 *37%e ? Ltd., common Foundries, Canada $29 million, Treasury notes $41 million, and United States Government bonds $33 million. Stalemenl of Condition of the Twelve 7- ... 8 7-1 V. .0349000 Canada indebtedness 6- Forgings, Ltd.— & .496766* .193330* ji . . 6-28 3 '6-20 __ v:. 6-21 7-27 (quar.) — iv- 25c $1.0614 : common convertible preferred Life ; 132 %C (quar.) Iron "4(4% .140080* 6-21 7- tlOc t62%e (quar.) Canada Foundries .0800560 Ale, Ginger Dry 6-15 1 7-1 v; 2 7- 62 %c (quar.)____ > 7- '*6y4c — $1.30 pref. Payable olR.ec. ; 20c ...— Holier* When * Share >SS > 7 - .0200375 •Nominal. v 2537 2076 2185 15 Public Service Co.— cumulative 4 56% 2 f. sub. debs, due 1S69 s. 2183 1 stoc*. preierrea Co. 5Y2% prior Indiana Nortnern 1956, INCLUSIVE 1956 TO MAY 31, Inc., Fibers July stock-July pfd. 4%%. cum. inc., Batteries, Hemtz, & L-O-F Glass 1930 OF UNDER TARIFF ACT TREASURY Jack preferred stock Corp. 4 '/<% Gould-National Page Date Company and Issue— requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank the Pursuant to CALLED ISSUE ENTIRE Foreign Exchange Rates Monday, June 4, 1956 .,. 15 2081 July Chicago Pneumatic Chicago j 1 2585 Rivet & Tool, common Machine (quar.) (quar.) Chicago, Rock Island & Pacific RR. (quar.) 2 '■ Volume Number 183 5539 . . The Commercial and Financial Chronicle . Per Name of Company i Chicago South Shore & South Bend RR.— Quarteny 7% Chickasna . (quar.) 7% 'preferred Gas Cities Service Citizens 5% pfd. common (quar.) & pfd. 7-12 preferred B City Baking, 7% ; - (stock div.)_ —" A 7- 2 6-11 62 %c " 3%' - 7- 1 $1.75 City Investing Co., 5%% preferred (quar.) $1.37Va City Products —62%c Clark Controller (quar.). : 25c Clark Equipment, new common1 (initial!; 50c Clark Oil & Retining,' com, (stock dividend) i 2% 11.20 preferred A (quar.)____;_— 3tc *' $1.20 preferred B (quar.) 30c Clarostat Mfg. (Tesuraed)—.—li—-_>i — 10c Clayton & Lambert Manufacturing (quar.)__ ; 15c '<•Clearfield & Mahoning Ry.. ts-a)— :LZ~. - si $1.50 Cleveland-Cliffs Iron, common (quar.)—30c $4.50 preferred (quar_)_. $1.12% pfd. $4.50 '1 6-30.-v 6-30 6-30r (quar.) Clevite Corp. (quar:)____ Clorox Chemical, new com. Cluett, FeabOdy & Co., •4% • 2nd preferred 7% preferred __—_____ International Cochenour WiUans Gold Colgate-Palmolive Colonial Life -J—.__—-J" ,^ ' 6-15 7- I"-' 6" 9 .* Colonial Sand & Stone Colorado (quar.)—i___—__L_ (monthly)- Central Power, common (monthly) ! preferred (quar.). Common 7- 2 3c Class A Class Columbia Title Columbian Insurance Carbon (quar.) National {Boston) Life 5-2-5 6-3Q Credit Co. 6-11 • 6- 9 ; 10-10 50c '■ 6- 6- - 6-15 30c 6-15 2% 15c 6-15 6-15 Inc., preferred •*. Detroit. 40c preferred New Coirsolidated Cigar - Corp., : 6- Consolidated Ltd., Standard 2 1 6% ;$5 , preferred: .(quar.) Di (quar.) Consolidated a • (initial common Consolidated Consol. Gas 6- New Television & Radio (quar.) Class Consumers f Power, $4.16 preierred 6-14 6- • 69 -• 6-15 7- 2 6-15 7- 2 6- $1.13 6- 25c !• 'J, (quar.)— Insurance (quar.(_ 6- 15c 20c ' 6- " 6-15 6-30 Continental Continental Can, 13.75 preferred 4%% preferred Continental $1 Continent?! Oil Continental (Ont.) 5% , 75c Cooper-Bessemer Corp. Copeland Refrigeration Copperweld 5% Steel, Coinell-Dubilier $5.25 series Cornell Co:o, 50c Corroon $1 6-28 6-11 (quar.) 6-11 5% A preferred 'J & Reynolds dividend (G. Cosdon A Crrne Co., 3%% Ltd. (quar.) (quar.) com. Crestmont Oil Crown A & Crucible & (quar.)-: : Eastern Malleable Eastern Racing A <quar.) Steel Jo. r 25c Inc., $2 pfd. America Forster, common Cunningham Curtis Drug ! (H-dene) (quar.) 1 preferred _"___ 8 Eastman- Kodak 6% preferred fi-15 5-15 Eaton 5-23 Economic 75c 6-29 6-15 Economy 6- 9 5-25 6-20 6- Inc.— (See Helene Curtis) 6- 5 7-1 6- 5, 30c f 6- 8 31'Ac Steel Paper Edison Paso 6-20 5-31 6-.1 15c 6-15 Garnet (Jersey City). (quar.)—, * (quar.), : (s-a) (quari):; Co., Power t30c 62y2c Fair Mineral Class * — 9 Bros. $4.72 preferred (quar.) 5-31 8- 1 11- 1 6- 1 6-15 6- 1 5c Stock dividend 6-29 6-8 9-28 9- 7 2% 12-28 12- 7 2% — Quarterly Funsten Investors, from net 3-29-57 3- 8 12c 6-15 5-25 9- 1 E.) (R. Inc.— investment Co., income— preferred (quar.) convertible preferred (quar.) AVa % 7- Gair — (Robert) 41/2% Co. (quar.) convertible preferred (Julius) Co., & preferred conv. 1 6-15 6-15 5-15 Garrett Corp. 7- 2 6-20 Gas Service Co. 6- 4 5-21 Gatineau 6-15 5-25 5% com. (quar.) (quar.) (quar.) 5'/a % 6-28 6- 8 6-28 6- 8 6- 8 7- 1 (quar.) (quar.) Co. Power General American 50c 7- 6-15 6% 1 9-15 General American General Baking General - American 7- 2 6-15, 3 6-15 (quar.) General Box Co. (quar. (quar.)__ preferred $8 Cable Corp., 5% (quar.)__ 6 4% 1st 1 4% convertible 7- 2 6- 5 General 7- 2 6- 5 General 6-15 6- 1' 6-29 6-15 1 6-11 6-15 5-25 preierred ($100 par) (quar.) preierred ($20 par) (quar.j preferred (quar.) General Crude Oil (quar.) $2 6-11 $25c 6-15 5-10 6-12 5-31 General 6-20 Btock dividend Stock dividend Stock dividend Stock dividend 40c $1.06'A 7- 7- 1 . 6-15 5-28 $1.12% 7* 5-28 $1.03 7- 2 5-28 $1.18 7- 2 5-28 45c 2 preferred (quar.)___-i 2nd preferred Cigar Co., com. (quar.) Contract, common 5% 5 .'a 6% 5-25 General „ General Corp. Finance (quar.) Fireprooflng Foods 6- 9 6- 9 6- 8 $2 6-18 6- 8 6-15 6-20 6-20 $1.25 25c 15c 25c 7- 2 7- 2 6-30 7- 2 7-2 7- 2 6-15 7-1 7- 1 7-1 7-1 6-29 6-8 6-8 6-15 6-15 6- 1 6-14 5-28 6- 5 6- 5 0.0075% 8-15 0.0075% 11-15 0.0075% 2-15-57 5-11 5-11 35c $1 50c 25c 20c common 8 $25c 6-30 6-30 6-30 3iyic 7• 15c 15c 70c (quar.)— 7- 1, 6-1 6-1 8-1 (quar.)— pfd, 6- 1 8- 7- 1 7- 1 6-15 7- 2 7- 2 25c 10c 5c Supply, 6-21. 8- 6- 1 6- 1 6-15 6-15 6- 6 5-15 6-1 50c — Transportation Co., 6-30 b-30 6-30 6-30 6-25 6- 8 7-1 (increased 6-I0 6-15 Texas— (quar.) Builders 37'/2c $1.12'/a 40c 28ysC 50c 34c $30c 20c Co., cemrion___ of preferred convertible General Oil 8-15 6-15 9*14 1 $1.12'/a (quar.) (quar.) 5-25 7- 1 10- 1 $$1.25 $$1.38 Investors preferred $4.50 5-31 7- (quar.) General Acceptance Corp., com. 6-11 10- com. preierred (quar.) preferred (quar.) 6-15 2 Ltd., 56'Ac 56'Ac 15c (quar.) common convertible 4'/2% $1.50 ._ 11-15 6-156-30 6-15 15c dividend 60c — 8-15 2% Garfinkel 5C. (quar.) 6- 1 6-12 2% 50c (s-a) (quar.) preferred (quar.) 6-15 25c 10c dividend General common , 7V2c 20c Ltd. (quar.),. (quar.)__—___ common - dividend 6-29 7%c 1—_____ $4.12 com. • * 10c Refining, Fundamental 9-21 37 %C (quar.) 6*19 6-15 5-15 6- I Btock 6-15 7%c (quar.) 5- 7 6- 1 7- 2 6-15 6-15 Stock Common — Electric — —— 30c (quar.) Stores, quar.)—, Frontier 1 10c Ltd., class A participating (incr. (quar.) preferred 7- $1.50 pfd. 6-15 6-28 $1.75. Corp (quar.) (initial) 7-10 25c : 5- 7 Inc.— Machine new 6- 4 5-17 8c Co. Funds, Realty <L.) 6-14 25c (s-a) Auto Calculating 6-1 6*5 6- 4 6-15 » 25c 40c (quar.) Drive 5-31 6-12 6-12 6-12 6- 1 6-29 7'/2 c Corp. 6-20 6-15 " 25c (quar.) Paper 6- t 6-20 , 6-13 , $$1.25 (quar.) Co & Custodian 7-17 $1.25 (quar.) 6-14 $$1.25 Corrugated Dairies Wheel 6-29 6-15 2% class A '7-16 7- 2 7-2 7- 2 6-15 60c Ltd., B.J quar.)—: 30c (quar.) (quar.), Corp. : (quar.) Bros. 10-10 25c Trust. /___< > 50c 8iyic 30c 10c < Corp., % 5-18 25c (quar.)_, (quar.) (quar.)__ com. Quarterly 6-10 6- $1.12% common 7-2 Co Wayne. 6- 1 6- 1 6- 5 6-20 6-26 7- 2 $1.18% 25c 25c 3% $1.05 (quar.)™. (quar.) (Canada) 5,,6-43 6-15 6-15 dividend Motor Motors 6- 7 7- 2 $1 Stores, common Co. ... 40c 30c 16y»c (quar.) Corp. Stock 5-31 7- 1 „ (quar.)_,—60c common preferred $20c Y.)_ Co., common preferred (quar.) preferred (quar.) 4Ya% 6-30 32 %c (accum.) Co., 6- 5 6- 5 Corp. Inc. Friendly Finance, Inc., 6% 8 15c common and $2 par) and $2 pari par 5-11 6-15 6-15 Security $1.50 (quar.) par 6-5 40c 40c ,< Fund, 4V2% ! (N. 5-22 45c ' (quar.)__ Frigikar 6-15 45c Loan Co. 5-31 6- 8 6- 5 5-18 1 6- 6-30 $1 ' Baler Ecuadorian Eddy 6- 6-29 50c (quar.) 6-15 10c (quar.)_ (quar.) & 6-20 2 6-11 5-25 31'Ac (1956) 6-15 Stock 2jc — -quar.) Investment Eddy Paper Co. - 5 1 7-1 6-29 50c IV2C . 7- Friedman 5 52 %c Paper 4V4% 6- 6- 7-13 50c 75c Friden 5 1-1 6- 8 $1 Preferred stock series 5 6- 6- 5 6-27 Stores Franklin 5 6- 6-26 25c National Four ' Corp.-^ preferred A 6-11 6-20 6- 7-1 7-1 52 %c preferred B (accum.) Eastern Sugar Associates, $2 50c 40c 7-1 50c 6-30 40c ■ common 6- ft Foremost 5 51 'Ac — $6 9-10 " no States $7 6■ (both Stainless 6-15 -7-14 1 7- 2 10- $1 7-14 « 1 10c (quar.) Industries, 6- 5iy8c Gas, Iron no Eastern 50c _-. (quar.)__^_ Stores 7r-i 5-25 6-26 6- 1 6- 8 6- 8 6-29 , Association— (both Eastern „ El Companies 50C 6-11 7- 1 6-15 6-30 50c Fownes 5-31 467/8C — (quar.) Insurance Common 15c (quar.) common of 8- 1 :./;5-24 Life Common 5-31 8 6-30 8- Eastern 8 6- 6-15 10c class 25c S°al Co., & Sexton, 6-11 1 Bank Fort 7-10 quar.) (quar.) 5 4c ; International, 7-10 6- 1 5-31 Ford 5-28 7-25 (quar.) preferred 5 8% preferred (quar.) 1 $2 6-30 ^ 6-15 Crystal Oil & Land, $1.12 preferred (quar.) 8^10 28c 9- 4 $1.12 preferred (quar.)— ____^ i : 28c 12- 3- -11- 9 Cuban American Sugar, 7% pfd. (quar.)_: .$1.75 "<-'9-28 v 9-14 Curtis 4V2% 6- 10c ;a (quar.) Cork Cribben Angeles) (quar.) (quar.) Cork Class (Los class A Co., 8-14 7-25 1 6t 6-20 (quar.) (quar.)___'__— Ford 5-io Vic 6- 1 6-12 6-15 Stock 5-25 . 6- 6*12 •; 6- 8 Foote 5-15 1 6-30 6-15 50c 37V2C $1 (quar.)—-. (quar.) . 5-31 8 6-15 25C Extra 6-20 6- 6-11 6- $1.50 (s-a) Savings 6-20 75c 6-11 30C 5-31 7-16^ 15c Industrial Foote-Burt 5-25 2 4-30 7-16 6-28 Food 5-25 87 Corp., common (quar.) preferred (quar.) Eastern Gas & Fuel Associates, com. 5 50c 1 7- 7-16 50c Inc preferred dividends-_/ $4.20 preferred (quar.)— Food Machinery & Chemical} V 3'/*% preferred (quar.) 6-22 6- 5- 3 3c .,1 6-21 $1.12% _.i 5% 1 6- B 12 %c RR. Lines 5 9334c Crown preferred Air Canada 6- 6-30 Bearings, preferred (quar.)— Flying Tiger Line, Inc., 5% pfd. A (a-a) ' " 6-15 - Natural -6- (quar.) B Tennessee 6-28 $15c 6-30 7-27 * G • 6-15 10c 4%% 5-28 2 : 20c - — (quar.)__ Foster-Wheeler (quar.) 10c common > - 9 15c — (quarJ— Oil 12 %c Co. 6-28 r Creek, (quar.) Florida Power & Light Co., common Florida Public Utilities, com. (increased) 1 6-11 , Co.— (quar.) 10c (quar.) Class Oil Co. 5-19 6- 1 15c (quar.) Works Corp. $4 1 6- -6-15 10% (final) (quar.)__ Potash Pennsylvania 5.20% 8-25 . (Battle Paper Products, Flintkote a- 6- 12'/2 c Quarterly .-11- 1 ; .' - 5-31 6-21 r - —: preferred 10c L.) 40c (quar.) & 6- 4! Florida . (increased common 2% preferred Crossett Crum 2 % 7- 12'/2c (quai.)__ & 6-15 5-19 Fittings, Ltd., class A Flagg-Utica, 5% prior preferred ((quar.)— , 6-22 7. 1 *7-13 75b Eastern Petroleum Creole Picher East Life Insurance— — 3 8- 30c — , Dynamics Corp. of Amer., com. $1 conv. pref. (initial s-a) Eastern , 1 6-12 50c (quar.) (quar.) Co. Eastern A iR. Light, Sulphur 5-20 ! 8- 7* 1 7-31 — 1 Mfg convertible 5-25 Craig Systems, Inc., Class 5% Duval 6-21 t- / 6-15 quar.)__ ; 7-1 6- 9 55c 40c Duro Test Corp.— 8 dividend Crain Duriron 2 8-15 *0-16 $2»c (quar.) 6-14 International Stock ? 6-22 $3 *40c (quar.)- Electric__^ Publications Corp. Firth 5-18 $1.25 ord. preferred 6- 11-15 . 8 6-15 150 preferred 7- $2.50 25c Insurance First 6-15 $25c (quar.) 5c $2 50 6- 3 6-29 (quar.) Nemours preferred 25c Cosmopolitan Realty (quar.) Quarterly Coty, Inc. (stock dividend) Coty de (quar.) 37V2C ,1 _; $12 %C common —— * > 6-15 First 6-29 50c receipts I.) preferred $2.10 6-15 1 •7- 25c common 6- 1 6-30 First'National 9-14 ' $1.25 Co., Electric 4.20% 5-28 9- ( 6-25 37Vac 17c Financial 6-14 $25C~" — —r— 4.15% 6-15 20c ■ 4 Fire Association of Philadelphia (quar.) Filst Bank Stock Corp. (quar.) X $40c .. (quar.),_____I;„___.__ preferred East Common 6*20 $$1.12!/a Ltd., (increased Ltd.— preferred Eason (quar.)„____ Ltd.— conv.-preferred (quar.) Fidelity-Phenix Fire Insurance (N. Y.)— Quarterly Fiduciary Trust (N. Y.) (quar.)_ Ltd.— « 4.10% Inc & W. H.), Cosmopolitan 4% (quar.) Petroleum 6- 6- 17c Screw Class , .. 3.75% $1.31 % 9 5-15. Finance Co. of America, class A (quar.) 6-21 6-11 7-30 ____. 4%. preference dep. (E. Duquesne Corp.— preferred Corson Duncan Eagle 6-30 6-15 • 17c Paper .Board, Filtrol 6-15 $20c — preferred $4.50 5-25 6- - 9-20 i—L7 Ltd 5-15 tlOc Corp., Casualty Pacific Fifteen Ltd.— (interim)' preferred, (quar.)— (quar.) $3.50 6-15 7-15 < 7-1 • tlV/afi Common, 6-25 25c — 6-30 / 35c ; (quar.) (quar,) A.) (C. Pont 6-11 (quar.) 8 !_ Exploration-.— American du 1 25c <quar.)„ Products 8 6- 25c preferred 30c (quar.) 6- 7-10 common Dunlop Rubber, ' 5-25 6-11 & Dunham 5-25 (quar)__ common 6-25 62»/2c * Drewrys, Ltd. U. S. A. 75c Electric, 5 5% (quar.).i.__ Co./ (quar,) Dun & Bradstreet 5-21 ; 5 7- Driver-Harris ; 6-14 25c 50c 62V2C (increased) Steel Chemical, Industries Drilling -5-15 (quar.) common Pape-rboard Inc. 6-15 7- 7-15 45c Chemical. (increased)__1__T__ Dresser , 5-15 25c 7-15 7-14 6-15 6-15 , 5-21 6- 6-15 > preferred (quar.) preferred (quar.) 6-% 6-11 6-15 30c - <qt.ar.) . 4, & ' 1 25C (quar.) preferred Dow 4 7-27 8-1 50c (quar.) Steel (quar.) Telephone, common preferred (quar.) Tar preference 5-25 , - fqilar.) Paper 6-15 - 6- i Co.. 6-15 7- 2 $$1.30 (s-a)__^ • Continental 5^ 7- 2 6-15/ 5c : Investments, semi-annual ^ Dover Uorp., 5-31 $1.13 Insurance 4'/a0 1 Scottish Donaldson 5-25 93%c (quar.) (quar.) Life 6-15 6-15 _ (quar.) dividend). ___4. preferred Dominion • 6-15 $30c • 8- 1 $50c 4% - 9c (quar.) T $1.50 — Fibreboard 5-28 6*18 25C Foundries 0-15 6-29, 2Qc (quar.) (quar.)^_u___: & . Extra (quar.)___ Increased 6 45c ' : 6-29 $7.50 (inc. , Federated Ferro 5% Ltd. Life Traders & Federal •'. ■ A (stock Dominion Stores Ltd: 5 50c (quar.) common 7- 3 25c Federal (initial-semi-annual) Co. Mines 4% % 6-15 7-2 __4__ .1 (Joseph), Crucible Dominion , 5 6- ->6-15-;" -50c - 6-11 / $37y2c Special a Federal-Mogul-Bower ____r_ Common ' (quar.) ; * Gin 5-25 6-26 s-a)__ ; Canadian Federal Insurance Co. ,+ 1 . (quar.)__ Ltd. Mines Glass, (quar.) Federal (s-a)____ , (quar.) Houses Dominion 6;i5 6-29 --10c preTerred (quar.)—__ Copper & Steel Industries (quar.) Continental 6-15 6-11 > • $$2' (s-a) 6* 1 6-15 <, ^Motors Nickel Players ; Monthly Monthly Beneficial shares 1 6- pfd.. $3 Car_i. preferred conv. Dome 1 7- 2 7- 21 $1.1ZVa _w —, & Cox Fund— Beneficial shares' - $1.04 (quar.)__ (quar.)_.,__—n (Toronto) Co.,. 6%. preferred Monthly i_iJk— (quar.) Dodge e-1: ^ (quar.jG-..^- (stock dividend) Dbbeckmun , 7- 2 convert ble cent Continental 5% Dobbs 5-28 6-15 Realty ' 1 V28c (quar.)— ; Assurance (Chicago) (quar.) Commercial, common (quar.f__ Continental Motor Dravo.Corp., ,'6*15 22%o- preferred Continental - T Club Dixon *; . 84.52 10c (see The Fair) Federal- Life preferred (quar.)__ ; Dixie Cup Co., common (quar.)___ 7 »6 8-1 , 5c preierred $4.50 Insurance (quar.) Mich.) (quar.) Federal National Mortgage Association— : 36c 5-31, 20c ' Y.) „ 7- 2 > 40c (N. 6- 1 7*2 25c .-J 6- 1 8-13 30c < . 8-10 6-15 > 6-15 Extra Diversified Growth Stock Fund, Inc.— / Quarterly from net investment income Dixie Aluminum, common... ;+.■ 5-11 - Broadcasters', Inc. quar.) Quarterly Farmers Arts^. Donnacona 6-29 10c 1 8-10 II- 0 L Federal (quar.) (quar.) couimon Diners' > . <quar.) B Tunnel Distillers Corp.-Seagrams 4 6-15 $1.25 quar.): g 1 30c Fanny Farmer Candy Shops (quar.) Fansteel Metallurgical (quar.)— (quar.)__^ Corp., Alkali Diana—Stores 6-15 , 60c —' 9- 20c (quar.) Railway Famous Cement, ,(quar.*)u__. Fruit Diebold, Inc.— - (increased Utilities Common - quar.) 1 12- 1 12V2c (increased 1 9- $1.25 Extra * v. New 4 r •(quar.) (The) Fairmont Portland .Cement Diamond * $$1 —» preferred Falconbridge rl Chemical Diamond Diamond €-15 7*1 /*•'", Preightways— 5-23 $1.25 -i common Plantation Fair shares * held) * (quar.) Portland Giorgio Di-Noc. . .: 6-14 . , _____^— Consolidated Electrodyamics , 6- 1 6- 9 (quar.) Inc., Fairbanks Iron, Foundry preferred De\^ey , t one Louis • 9-20 6-30 10- ' "7»T 6-15 (quar.) com. St. stock Harvester 6-20 -,30c . (N. 33 V* common '6-20 7- 40c Securities Y.), Diversified (s-a) Consolidated Edison 6-1 '7- 2 20c • fc (quar.)_^ 1 ^___>' each Detroit, Steel Corp., , < 1 '6-15 <1- 1 $1.25 common Coppermines Corp.^ Chicago Detroit,, Mortgage & Detroit Stamping - h ' - for Canada Gray - quar.)— $5, preferred (quar.) Consolidated 9* , 12- ' 10c ; (initial Y., common Detroit- 1* 12-15 10c Cement— common 6- 9-15 15c (quar.) Consolidated -- •• . stock & Detroit 6-1 30c 23c —__ N.., Denver Union Stockyards 6-1, - yi 6-15 $37c (quar.) of RR.. (s-a)__ Voting ; $38c , common 40c share com. \ $38c . 2 (quar.)44i.-rrr—: ..Denver Chicago Truoking (quar.)__ Denver Transit, $2%-$3% pfd. (s-a) $2ya-$3%, preferred (s-a)_. 5-31 Connohfo, Stock dividend (Partial distribution of Delta Air Lines, Inc. (quar.hi.___i_____^.: Deanison Mfg., common 5-17 ______ 7- 5% ! (quar.); Life 25C : Eversharp, 6- 6-15 30c Corp.. Excelsior 1 25c ___™— Co. preferred Insurance 9-20 Community Public Service (quar.) -J,J. Compo Shoe Machinery, common (stock dlv.)k * Conde NaSt Publications (quar.) 'i ' Resistor 6-15 $1.25 (quar.) 6- 4 t+jp' Commercial Shearing & Stamping Co. (quar.) __ Mfg. $1.20 ; 1 6-30 * 5-28 6-15 40c (quar.)—; Excelsior 5-15 $5 . A preferred A Ewa 5-25 70c Quarterly : Quarterly Quarterly Congoleum-Nairn./Inc. (quar.)'___ Connecticut Light & Power (quar.) preferred $5 6-15 6-20 . $5 6- 9 - 6-30"'- ,, 5-3L 30o 12%c (quar.) 2 & 6-20 6- 1 6- 1 Erie 1__ 6-11 7- 2 6-11 A Ero , 6-11 7- 2 $1 65 (quar.) com. preferred 6-20 5-25 (Toronto)— 1 6-11 7- 2 6-29 Railroad, $5 7- 4 6- (quar.— Confederation Life Association 7* 5 4% Co., common—; Delaware, Lackawanna & Western Rk.— 6-14*; : ,.6-15 6- 8/ 8 ' ; 5 6-29 87y2c 5*28 $1.25 and realized debenture 6-14 .//,.'g A__. Life Insurance (s-a) Columbus Mutual Commercial Co. Insurance (quar.) 6- 25c 62Vac 37%c 6-15 25c 5-31 5-21 Erie 7-3 6-30 (quar.)__ common 7 investment income from Delaware 6-14 M "Columbian Iron, 6- 7-16 J75c - "60c . Malleable 6-15 933/4C ________ lOe jf'- 6-18 t 6- (s-a) 75c 6-15 25c • .6-21 20c ... 6-15 . 7 •c 10c t fc 2 2 7- 20c _________ 8 5-25 20c (quar.) (quar.) 6- • 10c 1_ B' (quar,) 9 6-28 7%c 10c ; — 1 6- preferred (quar.) Fund, Inc.— Deere 6- 4" 6-29 7ri2;". 6*15 7-16; 8- 1 4%% 7-16 f : $1.12% 8- 1 Co.oraao ruei <sc. Irou, comr.ion_.__™_^l_— .* "JbOc 5-31 "7- 6. 5-31 5% preferred A (quar.). —_—-'K-:- 62V2C J 6-30 5-31 | 5%% preferred B (quar.)———_1— 6834c 6-30 6-15 Colorado Interstate Gas, common (quar.)__-• 31 Vic/ 8-30. 5 % preferred (quar.) "' * $ 1.25 ' 7- 2 i. '6-15 J Columbia Broadcasting System— •; ; t •' , 5- 6-25 40c 5-25 ' 5-25 2Qe Delta; Electric 6-18 " $1.50 —,— 5-15 6-15 Williamsport RR.— 7% preferred (s-a)Emery Air Freight (increased semi-annual) Ero Mfg. Co. (quar.) Empire District Electric, common (quar.)__ Emporium Capwell (quar.) Erie & Pittsburgh RR.. 7% gtd. (quar.) 6 6*11 —25c . 5-31 6-15 6-21 & 6* 5 7* 2 '/ 7- 2 7-2" 87%© $3.50 pfd. (quar.)__.. Co."' of America— Co., 6- 6-25* ' Insurance Quarterly 6-15 Elmira 6-15 6-4 „ 6-lly; ?' 6- 6- 8 6-29 62%c (quar.) common 12 %C ; 6- 4 > * $7.40 " Ltd Mines, 6-15 Co., preferred (quar.) 2nd preferred (quar.)__ security profits)—, Delaware Sc. Hudson- Co.,. new com. (Initial) * Dejay Stares, Inc.,. . U—$L' (quar.) 5% 3c (extra) Ltd., class Frere, cents j. „ 1 6- 50c ' Mills ($ cents from 6-20- - 6-15 * VV ___ Plants Delaware . $L $1.75 (interim (quar.) Co. Coca-Cola - , , ~ Coca-Cola David & - : 5% 6- & . (initial quar.)_^irv/42 %& com. River b%. 6-14-r. 5-18 v 7- 2; 1 6-26 1 — (quar.) 6- 6-15 — — Cigar Corp.- Davton " 6-20 K6-15 $1.12% L-™—_____—''f.y* 25c preferred 12- 6-28 20c ., G 6- 4 5-25 6-20 6-9 . 12-28 80c Dana Corp., common (quar.) 3%%t- preferred series A (quar.)_; ; 8 1 7-27 M 6-15 6-12 6-15 ;/ . 7 5c 6- 8 6-30 - i Cleveland Electric Illuminating— 6- 8- 1 7- 1 (quar.) Dan Elliott 8 69- (increased)— Payable of Rec. Share > Share (quar,)\_L_l_i—-J— " 31 Vic* Electrolux Corp. (quar.)_ : 25c Elgin National Watch (quar.) 25c Eiizabetntown Consolidated Gas (quar.)—30c 6- 6-28 9-28 6-20 6-28 6-28 - 45c i_: Pilot R G 1 Bond' Electric Holders When Per Name of Company 8 55c Corp. Inc. Abbey & 7- 6- 50c ——t D W 1 50c (quar.) A t Extra D 7w $1.75 class (quar.) Cypress Holder* Payable of Reo. -75c 50C A Cutier-Hammer, 1 ;•> ' (quar.)— (quar.) Curtiss-Wrignt - When Share ; » Gorp., A Class 6-14 $1.75 $1 60c preierred Class 6-15 5-14 5-28 6-20 6-15 5-18 (quar.)_ (quar.) A common (initial $7 Company Publishing Co.,-$4 prior pfd. ^quar.)_ Curtiss-Wright 6- 8 7- 1 6-13 6-14 7- 2 (quar.) Citizens Utilities, Name of .. 6- 5 6- 1 6- 1 - 6-26 ;_____ Electric, 4% Per . Curtis $1 (s-a) Independent Telephone Co.-— Class ' ' " 6-15 6-15 6-15 . $2.50 75c $110 (resumed) Co. Securities, Cincinnati " " ' $1 Oil Cotton Copper Chipman Knitting Mills, 5% Chrysler Corp, Christiana Holder* Payable of Rec. , 15c $1.50 $1.75 - common preterred Chile -k - Chicago Towel, When Share ••• 51 (2691) 90c 100% quar.) payable in common — payable in common payable in common,—..— General Manifold & Printing Co. (quar.) 12c 6-15 6-20 6-8 6-8 —- .5-31 The (2690) 50 Commercial and Financial Chronicle Monday, June 4, 1956 ... ENTIRE ISSUE CALLED Foreign Exchange Rates Reserve Bank the Secretary of the Treasury the buying rate for cable transfers on the different certifies daily to countries of the world. EXCHANGE FOREIGN FEDERAL BY CERTIFIED MAY 1956 TO 25, BANK RESERVE 2293 ;,v Union" Oil 5 due debentures, 3'.^ convertible • Jun 23 stock cumulative preierence Co. of California— 4 56% INCLUSIVE 1956, MAY 31, 2185; Indiana Public Service Co.— Normern OF 1930 2537 2076 r —Jun 29 Co., prior preferred stock Naylor Pipe UNDER TARIFF ACT TREASURY TO L-O-F Glass Fibers Co. passed. We give below a record for the week just RATES 2183 1 2 preferred stocjt____ Jun30 8. f. sub. debs, due 1969—Jun 15 4% Inc., Jack & Heintz, July * pfd. stock-July 4%%. cum. Inc,, Batteries, Goitld-Natioiiai requirement of Section 522 of the Tariff Act of 1930, the Federal to the Pursuant 4¥<% preferred stock General Time Corp. Page Date Company and Issue— (subordinate) _Jun 29 1975 I : Country and Monetary Noon Unit Buying Rate for Friday Monday May 25 pound 2.235806 .0385802* .0200375 .326850 2.234312 .0385802* .0200375 .326675 1.010513 1.010937 - Austria, schilling Belgium, franc British Malaysia, Malayan dollar dollar Canada France (Metropolitan), franc .00285500 — Germany, Deutsche mark India, rupee Ireland, pound — . : Mexico, peso -• - Netherlands, guilder New Zealand, pound krone Norway, - Philippine Islands, Portugal, escudo Sweden, krona Switzerland, franc Union of South United . peso - - Africa, pound Kingdom, sterling pound .237425* .210000 2.806250 .0800560 .261100 2.778465 .140080* .496766* .0349000 .193330* .233315 2.795765 2.806250 | I. •Nominal. (Continued from page 16) .0278633* . .0385802* 1 Campbell.(A. S.) Co., common-—— .326550 — .209800 .00435401* Day .00285468 .237525* .209800 r Dry Ginger Ale, common preferred (quar.)-. Canada $4.25 2.802604 Class .261100 2.774855 " .496766* Canada Life 4,/a%„ preferred Special Special ^Special (In thousands of dollars) Increase ( + ) or Decrease (—) Since Gold certificate account 20,249,988 Redemption fund for F. R. R. gold certificate of notes other Discounts 10,895 21,084,847 — 78 + 96,992 — 47,859 + 84,440 356,091 — 16,881 creased —142,274 + 930 + 3 + Government ber banks follows: + 1,704 + — 500,480 Bonds adjusted* 2,801,750 :■ repurchase agreem't — + 333,480 34,900 ' U. Govt, S. loans from and securities +195,700 23,395,232 securities 23,985,291 foreign banks Uncollected cash + items 4,220,491 — 298,580 55,133 59 + 8,110 + 31,306 + S. assets 50,157,733 Reserve —389,661 + 177,917 _ (initial for purchasing 835 preferred Canadian S. 76 + 7,980 111) + 5,452t +124,721 + __ "Ltd. Mills, with Co., 1st 129 — Member 18,214,634 reserves. U. S. Treasurer—general Foreign —119,685 — domestic Total deposits availability Deferred cash items Other liab. and accrued dividends Demand 102,349 Time deposits except U. U. Government —155,055 — —367,526 20,786 + . 1,125 461,345 + 128,831 2,223 + liabilities 48,933,767 —396,735 90,622 + Capital paid in 314,695 Surplus (Section 7) Surplus (Section 13b) Other capital accounts Total Ratio to of liab. F. R. liability purchased ances correspondents Industrial loan 32,711 + 33,781 tOct 50,157,733 7,041 —389,661 $294 , + '; 45,770 - — 22 2,466 — 5 commitments + — 1 2 7- 2 6- 9 6- 9 5-21 6- 8 5-25 j (initial)— <quar.»_^ Telegraph & (quar.) Ltd., The condition statement of weekly reporting member banks of the Federal Reserve System in leading cities shows the following principal changes for the in demand deposits credited to domestic banks, and an increase of $445 million in demand deposits adjusted. 205 — (A. Caterpillar Tractor, —3,302 33 — —1,910 + 3 + 126 13,197 — 7,995 Banks- & Castle 665 — 41 — 19,614 Castle 542 — 29 — 966 2,359 — + 7 — 49 + 420% 7% 474 district and total of $111 million at all reporting member banks; the principal changes were decreases of $60 million in New York City, $14 million in the Chicago a 8 + 445 + 21,687 3,974 49 + District, and $12 million each in the Cleveland and At¬ lanta Districts, and an increase of $12 million in the San Francisco District. Changes according to industry appear in another press release. Loans to brokers and dealers for and purchasing other or carrying securities United increased loans increased $33 million. States $129 Government + million. "Other" 400 801 — 4 — 64 — 10 + (quar.) + 34 + 271 + 138 + 208 Holdings of Treasury bills decreased $83 million in New York City and ing member banks. a total of $102 million at all report¬ Holdings of Treasury certificates of banks to and shown are reclassification and million, after deduction real valuation re¬ gross. increased decreased of commercial loans estate industrial and and "other" loans respectively. Fibre a voting stock common for called redemption, Date 4% common Industries. Jnc„ 1, 2039—Jun 15 cum. preferred July 16 cum. conv. pfd. stk_Jun 15 1 * 2285 . * 2534 * 7-20 8-10 7-20 bonds, due Corp.— mtge. s. f. bonds, series f. bonds, Tokyo Electric Light Co., Ltd.— First Mortgage s. gold bonds, 6% RR. income A, series 6- 1 7- Jan. 1, 1968_July due B, 1972 due 1972 series 4 1 6- 4 7- 3 6-22 6-12 6- 6-12 6« 6-12 6- 6-12 6- 6-12 6- 6-20 6- $1.25 6-20 6- 9 6- 9 ,j 9- 8 + 9- 8 $125 6-20 $1.25 9-20 $1.25 9-20 $1.25 12-20 12- 8 $1.25 , 12-20 12- 8 i t; 6- 6-22 65C 7- 40c 1 2 6-15 6-11 $1.12'/a 5-21 6-30 6-18 6-30 6-18 $1.06 V* 6-30 V - 8- / 6- I 7-18 1 6- 6-30 35c 87 ¥2 C 6-18 6-15 10c 37 %c 8 7- / 2 6- 8 7- 2 6- 8 7- 2 6- 8 $1.50 7- 2 6- 8 $1.18% 7- 2 6- 8 6-11 6- 1 Central Vermont — — ___ Public Service— (quar.) preferred 4.135 %.. preferred 4.75% preferred $1.04 7- 2 6-15 (quar.) 4.15% $1.17 7- 2 6-15 $1.19 7- 2 6-15 (quar.) Acceptance, common Century Class A — Jun 15 2541 Jun 15 2541 2081 debentures, due Oct. 1, 1984 July 1 2585 6-14 5-25 1 6-15 6- 25c 6-20 5-28 40c 6-26 6- 8 6- 1 7%c — ' 6-15 10c America * Paper & Fibre— preferred (A. (quar.) wuesapeake Industries $4 preferred (quar.) . 6- 9 7- 22 %C 6-11 5-25 1 6-11 6-15 5-21 50c 7- 1 6-15 6-20 6- 5 7%C . Chesapeake & Ohio Ry., comrpon 3%% conv. preferred (quar.) 6-20 6- 1 — 87V2C 8- 1 7- 6 — 75c 6-25 6- 4 (quar.)_ ' 6-20 $2 (quar.) Chicago Great Western Ry., common 5% preferred (quar.) Chicago Mill & Lumber (quar.) 6-22 6- 25c 6-28 6-15 35c 5 11- 1 10-15 7- 6 6-20 (quar.) (quar.) 62¥zC 6-29 6-20 25c 6-29 6-15 506 7- 2 6-14 30c — (quar.) Chicago, Rock Island & Pacific RR. 6-15 $2.50 , $1 common 6-20 6-20 (quar.)— Machine 1 87¥2C A & 1 7- $1.50 (quar.) Chicago Pneumatic Tool, 7- $1 - Rivet 1 10C Chcmw^y Corp. preferred 7- 30c (quar.) Co. B.) $1.12% Paper Mills (quar.)-,.— Chattanooga Gas (quar.) Chemical Corn Exchange Bank (N. Y.) (quar.) Chicago Co.— 6-11 12V2c Vought Aircraft $2" class 6-11 6-30 * Charmin. $6 2 $2 preferred (quar.) Century Electric Co. (quar.) Century Ribbon Mills (quar.) Ccrtain-rteed Products (quar.)— of 7- 10c 8% Co. 6-11 7- 2 6c common-: Chesbrough-Pond's, Inc. * 25c — Chicago Allerton Hotel (s-a) Chicago, Burlington & Quincy RR Chicago ft Eastern Illinois RR., com. 1 Jun 15 ;+ 6- 4 $1.23 — 2294 Lawrence first mtge. 6-22 7- 25c 37(4c 15c . 2538 Co.— trust 1 6- 5-31 $1.15 Champion Page 1 Winkle-Munning Co.— 15-year 4%% s. f. debentures, due April 1, 1961 July 1 Ludman Corp., 6% s. f. conv. debs., due Nov. 1, 1968_Jun 15 Newman-Crosby Steel Co.— 12-year 5 % % sub. debs, due July 1, 1963— Jun 30 coll. 11-15 $1.15 2295 Hanson-Van fund ; 25c convertible Chance stock Allied Artists Pictures Corp., 5%% Ampal-American Palestine Trading Corp.— 15-year 4% s. f. debentures, series B, due 1967 -July Ampn-Israeli Housing Corp., 3%'s. f. bonds due 1965—July Water 11-301; $1 ; preferred (quar.)_ 4.75 % preferred (quar.) Central Steel & Wire Chance Date 5% > 8-15 6-13 (quar.) — 5% 8-31 6-10 preferred (quar.) Page PARTIAL REDEMPTION 30-year 6 -12 <■»+ 2 8-10 (quar.). 4J32%. preferred (quar.) 4 (4 % preferred (quar.) Chamberlin due Jan. Company and Issue— Pacific 7- 25c 25c com. _ $4.50 Western 5-21 6% ' list of corporate bonds, notes, Philadelphia Transportation Co.— Con. mtge. 3%-6% bonds, ser. A, first 6-15 6-11 $$2.50 (s-a) Products, Securities, common (quar.)_ preference (quar.)—— Central Maine Power Co., common (quar.)-ju *V" 1.50% preferired (quar.)^-^--^——-——& 4.60% preferred (quar.)—. -— NOTICE OF TENDER 4%% 5-28 ~ 4.60% convertible preferred (quar.)—— Company and Issue— 5% 6-11 6-30 $1.75 (quar.) , ing tenders, and the page number gives the location in (except where indicated) in which the details were given in the "Chronicle." St. I 5-28 6-11 12V2c $1.12(4 common (quar.I A . the current volume sink, 6-15 6-21 30c (quar.) Extra 6% preferred (quar.) , Central:Foundry (quar.) Central of Georgia Ry. Co.— 5% preferred A (quar.) 5% preferred B (quar.)— 5% preferred A (quar.) 5% preferred B (quar.) 5% preferred A (quar.) 5% preferred B (quar.) Central Illinois Light, common (quar.) 414% prefprrec! (quar.) _______ Central Illinois Public Service, com. (quar.) , those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ 5% 1 2 45c $1.05 (quar.) common America, preference Central 993 982 loans and Northeastern 8 7- 50c Co. preferred 5% 175 51 — — 590 Banks ___ Below will be found ACF 1 6- % 4 Central Canada Investments, Ltd.— 3 — & Corp. of preferred 4(4% 257 M.) . preferred Celanese 726 + 196 — (quar.) Cooke, Ltd —6,419 102 — 9,561 Commercial and industrial loans decreased in all but one 6- ti-15 week ended May 23: Decreases of $205 million in holdings of United States Government securities and $801 million 1 B 549 Government 19,448 Condition Statement of Member Banks 1 6- 6- 6-15 $13c (quar.) 1 6- 7- 50c. 25c $1.75 class A 6- V 6-29 10c Products, 8-15 6-13 20c 40c 25c 93%c $2 40c (quar.)—— common " 5-21 . , Class Notices preferred including Q 8-15 l,903t Redemption Galls and Sinking Fund 948 6- 1 + ; accept¬ foreign on for - 6-20' 2 Extra $1.50 .3% 6-14 7- Central-Illinois . 46.3% 3 33 177,917 + 7- + 55,444 S. Reserve million $25 6-15 11-15 ... 1955 5, $318 and 1 2 8-31 6,080 individual loan items serves; loans + note lia- bilities combined Contingent 20,803 + 27,543 and and + ' 188,116 capital accts. gold certificate reserves deposit 33 + 693,612 1 7- 40c new 1 1' 6- . 6-30 <11-30 1,522 others of 6- 6- 6-30 $12c $25c banks •Exclusive ; 6-30 7- —— CAPITAL ACCOUNTS— 5-31 $25c Borrowings: Federal 5-31 3 (quar.) deposits: banks From 3 7- (quar.) deposits demand From Total 5-31 7- A 634 adjusted deposits Foreign 6-15 • ) 5-31 75c . preferred JExtra Non-voting 108,340 19,436,687 3,364,574 1 6-15 9- (quar.) Telephone , 1- 6- B banks — Domestic 6- 3 Glass 1,307 — Interbank 3 7- Class _ 16,548 S. 7. - 6-15 149 _ Reserve — 78,724 9-14 12-14 8081 329,380 + 1 + 26,877 — —201,353 +182,531 3 + _ _ 434,202 492,317 7- 10- 1-2-57 2 indebtedness of 295,534 acct. Other 6-15 23 LIABILITIES— bank 3 + _______ _ with 7- $$1.25 $$1 $$1.25 t$2 - Deposits: 5-15 9- Mills (quar.) Cascades Plywood (quar.) Case (J. I.) Co.. 7% pid. (quar.) 194 5-15 6-15 V < (quar.)— (quar.) & Kennedy Mfg. (quar.) Baxter 6-15 75c pfd. 4% (quar.) common (Philip) 6-15 $15c class B Catelli Food securities—total Federal 420,913 - Carborundum Co. Carey, 6-22 10,743 ___ vault (quar.) Trust (quar.) preferred 6-11 3 + banks to Ltd. Investment 5%-. prelerred (quar.) Oil Cos., Ltd., 8% (quar.) common preferred 3 7-15 7- 8,494 __ bonds in (quar.)— Ltd., class A International Carenter Steel carry¬ or 6-15 5-31 7- t20c $37%c $31 (4c $15c $25c $43%c $$2 $20c i$l split) 1 Carthage + l 1,280 Other securities Reserves for (quar.) Ice Machine, Canadian Carolina + 2,492 .—J __ U. after 5 Canadian General Electric Ltd. 3%% + + — 478 __ loans loans Balances 26,111,720 $1.75 f , $$lf<. ~ preference (quar.) Caifadian Celanese, Ltd., common (quar.)_ $1 preferred (quar.) Carey 126 — 27,615 securities Treasury certificates Treasury notes Cash • notes loans Government Loans Total ..... carrying or Treasury bills 221,396 10,095 — 195,016 85,115 loans industrial loans estate Other 291,242 + LIABILITIES— Federal — —388,027 66,622 assets adjusted* ing securities 22 premises Other 1955 brokers and dealers for pur¬ to Other U. Total May 25, 1956 —:—: Breweries, Ltd., common — Real Total $$1.10 $31¥ic convertible Common May 16, 50,243 and Agricultural chasing 23,360,332 '+ +160,800 34,900 + 34,900 ■ ■ Commercial Loans B $1.25 Carhation Loans —2,491,924 Class Cannon (In millions of dollars) investments and +2,658,924 9,153,913 bought outright ■ •> Decrease (—) Since Loans +160,800 • - : 6-15- Ltd.— Co. (quar.)—-—— Canadian mem¬ 1956 10,932,699 - A 5 76 May 23, Notes Held under ■ ASSETS— Bills Total ;J" 8 5-21 1 7- 8 6- 6-15 I $75c 4.40% pfd. (quar.)— Ltd., 5% pfd. (s-a) Cable & Canadian liabilities of reporting 1,457 t 471,970 Certificates $126 million. Increase ( + ) or securities: Bought outright— Bank Loans to banks increased 7- $10c $$0c. tlOc Cariadfan-Ingersoll-Rand, 235 16,439 loans Acceptances—bought outright Due $49 million. Borrowings from Federal Reserve Banks increased $34 million and borrowings from others increased $138 million. 6-28 6- 3 6-20 $29¥<ic (Toronto) — Safeway, Ltd., Class the Cleveland 24,930 5,646 + 572,690 advances and Industrial S. 107,887 — 249,353 reserves banks other cash U. + 79 — deposits York in A summary of assets and Total F. 1955 1 + 834,859 notes June 1, 1956 1956 $29 million, Treasury notes $41 adjusted increased $373 million in City, $106 million in Chicago, and $80 mil¬ District, but they decreased $114 million in the San Francisco District. Time deposits in¬ Demand lion ASSETS— (quar.) (quar.) Common 2.792133 million, and United States Government bonds $33 million. New 6-21 V 3 7- $$1 150c (quar.) Assurance Canada Permanent Mortgage Corp. 2.802589 decreased 1 7-27 $37%e7 Canada Malting Ltd., common .0349000 .193330* .233325 Canada indebtedness 6-21 7- % , ,6-15 1 7- $37%c common Canada Steamship Lines, Federal Reserve Banks Combined May 23, $32%c 25c $1.06Vt convertible preferred (initial quar.) $$1.06% 4(4% ■■ Statement of Condition of the Tweive May 30, - (quar.) A Canada Iron Foundries, Ltd., * .140080* Canada. Wire i (quar.)— 7- 2 7- Canada, Foundries & Forgings, Ltd.—- .0800560 ' %- — $2.50 preferred (quar.) Campbell Red Lake Mines, Ltd Canada Bread "Co. Ltd., com. (annual) 5% preference B (quar.)—: —— Canada Cement Ltd., $1.30 pref. (quar.) 1.010468 Closed Memorial Payable of Ree. 75c 20c 62VaC $6%c $10c $62y2c Burlington County Ry. Co. (s-a)_ Camden & .0200375 Holder* When j Share Name of Company <■ " v...-- Per ■, v_ 2.233150 .209900 .00435401* .00285500 .237450* .209900 2.804062 .0800560 .261100 2.776299 .140080* .496766* .0349000 .193330* .233310 2.793586 2.804010 .210000 .00435401* .00285500 .237425* .210000 2.805937 .0800560 .261100 2.778155 .140080* .496766* .0349000 .193330* .233325 ; 2.795454 2.805937 * .210000 .00435401* — - - 1.010156 - Ceylon, rupee Finland, markka $ .0555555* .0555555* .0267756* 2.236055 .0385802* .0200250 .326825 Free Australia, .0555555* .0267793* .0555555* - ! . DIVIDENDS May 31 ~$ $ —.0268466* Official ■;■ ^ay 30 r issue. this in •Announcement Thursday Wednesday May 29 ... $ $ (Value in United States Money) York New Tuesday May 28 Argentina, peso— in Cable Transfers 6-15 5-25 67 %C 6-30 6-13 J Volume Number 5539 183 . . The Commercial and Financial Chronicle . When Per ' - Name of Company Share „ Holdera Per Payable 0/ JRec. Quarterly 7% 6-15 6- 5, $1.50 6-15 6- 1 $1.75 6-15 6- 1 15c common preierred Chickasna Chile! Curtis 1 Chicago Towel, (quar.) Cotton Oil - Co. $1 7-12 6-26 6- 7- 1 75c 6-13 6-14 5-28 (quar.) Class ». 8 A 7- becurities, common preferred (quar.) $1.75 7- 1 (quar.) 50c 7% Cincinnati Gas & Cities Service $1.75 __ pfd. Electric, 4% $1 (quar.)_ (quar.) 60c 7- 2 7- 2 (increa&ed) 5-18 57c 62'/2c Citizens Utilities, common A (stock div.) Class B iinitial) D 7- 1 8 8 J 8- 1 7- 1 6-30 6-12 Controller 25c 6-15 :. 6- Equipment, 50c 6- Clark • Oil $1.20 1 & new Reiining^ preferred $1.20 (stock dividend) com. A (initial)- common -;!•• 2% •■'-* 3tc preferred Cleveland $4.50 6-15 6-1 6- 6-15 5-31 $1.50 5-25 6-25 ;6- 9 2"2 6-15 Empire 6-15 Emporium Corp. 30c 6-15 6-15 "• (quar.)____ * 25c (initial quar.)_ji :vv42VkcCluett, PeabCdy & Co., com. (interim) 1- V 50c •' 47® ' 2nd preferred (quar.) '$1': 77® preferred (quar.) $1.75 . -4 _— Coca-Cola Co. (quar.) International Colgate-Palmolive Colonial Life Co., $1 •" Insurance pfd. Co. of 4 6- 1 9 7-2" 7- 87'Ac (quar.)__ 8% ♦ (quart) 77aC _____ Central Power, common (monthly)"10c (monthly) 10c 4%% preferred (quar.). $1.1272 Co.orado iuei <si Iron, comr.ron_^_____l^__" ' 50c Common 57® — preferred A 572% 6-15 6- • Colorado 57® B Interstate preferred" Columbia Gas, Broadcasting System—. / Class A Class // \ Columbia 20c quar.) (quar.) Title Insurance Columbian Carbon 'Columbian Quarterly ; Connohio, Inc., & . preferred (quar.) (quar.), , Consolidated. Cigar Corp., Ltd., $5 Consolidated (initial Gas Utilities Common (quar.) Class - <quar.) $4.52 60 cent (quar.) ♦-> V" "V * .• „ >' Continental Can, Life Continent?! Oil £•5.25 Cornell Coto, $1 Corson 6- 6 50c 6-15 2 ;$$1.30 1 (s-a)__^* 7-27 6-11 6-15 6- 5-15 25c (quar.) 6-15 6-15 5-15 50c (increased) 6-28 6-11 6-11 5% 6-11 Duval 5-25 A Petroleum Picher 7-15 6-15 Eason Oh 25c 6- 9 5-28 6-30 6-15 Coty, Inc. Coty International (stock dividend) Class 8-25 5% 1 1 6-21 / . 5-31 Crrne Co., 3% 7® Creole 6- 5 Crossett Class 6- 5 Class (Los class Angeles) A 6- 5 . A Cribben & Crucible 5 (quar.) Sexton, Co. & Forster, A Inc., $2 pfd. (quar.) Eastern 1 Cuban Curtis Drug Companies (H°lene) 1 7% Stores 25c 710- pfd. (quar.) (quar.)_ 6r._ 8 (both 5-25 4 6-15 12- $1.75 6-20 11- 9-28 40c -V8-10 -- " 1 9 9-14 10c Inc.— 6-20 $6 preferred 6-11 2 6-11 5-31 5-15 8 6-15 6-15 . 7-11 5-25 5-25 6% preferred Eaton 5-10 8-14 7-25 7-10 7-25 7-10 6-11 5-31 5-28 1 50c 7- 6- 5 1 6- 5 7- 1 6- 5 7- 1 6- 5 7- 1 7- 1 6- 5 7- 1 6- (Battle . 6-15 9 5-19 6- 9 5-19 •• Creek, — (, 15c —___ 6-15 5- 7-16 4-30 3 Screw Works 6- 1 6*12 6- 1 6-12 6- 1 6-11 5-25 50c (quar.)— 5-31 6-30 6-15 50c — 7-16 10c , 7-16 20 c Electric 17c 15c , 7- 6-26 37'/2c 1 (quar.) (quar,) Corp, 6- 1 6-30 61 8 6-30 6- 8 40c (N. Y.) (quar.), Oil 6-15 $1 (quar.) Publications 6-26 • 25c 6- 5 6-27 6- 8 6-29 $1 7-13 50c (N. 6-15 5-31 30c 6-20 6- Y.)— (quar.)__ — (quar.)__, ' 45c — 8 6- 7'/2c 5 5-22 6- 5 5-11 6-15 6- 5 40c 6-15 6- 5 3c 6-15 5-31 55c 6-28 6- Bank National Industrial class A (quar.) Fund, Inc — Philadelphia (quar.) Stock Corp. (quar.) a 40c 6- 8 5-18 50c 6-29 6-20 50c 7- 5-31 75c 6-11 15c 6-15 5-31 7- 1 6-7 7- 2 r/6-15 Bank Garnet Flintkote (.quar;); Florida Power & Florida ,4 62'Ac 60c ■6-15 $1 6-15 6-, 1 40c 6-20 6- 5 Public 6- I Utilities, (quar.)/ Light Co., Stock , $4.20 '. (quar.) Co. Mineral 6-20 2 6-20 7-16 5-31 / Motor Ford Motors Class 7- 2 7- 2 6-12 7- 2 6-12 6-12 6-29 81'Ac 6-15 6- 1 30c 6-15 6* 5 10c (quar.) 50C 6-14 6* 4 (quar.)__ com. 4 (quar.) 2% (Canada) Ltd., class A (quar.) Corrugated Paper 4 5-17. " 5- 7 7 $$1.25 6-15 5- 25c 1 B:/(quar.)—: 6- 6-13 6-15 I 6- 6-14 60c $$1.25 Co faayne, 25c 25c dividend Stock Ford -Fort 2 7- $1.05 * Machinery & Chemical; 3'A-% preferred (quar.) Foote • 7- 3% Food Foote-Burt 6-26 i6y4c dividend___ preferred 1 6- $1.183A (increased)— preferred (quar.) Flying Tiger Line, Inc., 5,% pfd. A (s-a)__— Food Fair Stores, common (quar.) \ . 30c common com. 4%% , 1 6- ((quar.)— (quar.) Corp. 2 (quar.—__ prior preferred Co., common preferred t30c — Power Fownes Bros. 6-15 6-1 (quar.) Four Co & Dairies Foster-Wheeler Wheel Franklin Drive Friden 2 6-15 6-15 5-15 - 25c (quar.)___ 6-15 6- 1 8c Co. 6-15 6- 1 Funds, Inc.— Calculating Friedman 6-19 7- 40c (s-a) Auto Custodian 6-29 25c 7y2c (quar.) Corp. Preferred stock series Machine (incr. 25c quar.)—. (quar.) 6-12 5-31 10c 8-15 8- IOC Realty (L.) 11-15 11- 1 15C 6-15 6- 1 7'Ac — Quarterly Friendly Finance, Inc., 6% pr?ferred Frlgikar Corp., new com. (initial) (quar.), , 1 2jc 6- 8 6- 5 (1956) (quar.)_ (quar.)___ 6-15 6- 6-29 6- 8 10c (quar.) 6-30 6-15 6- 1 2% 6-29 6- 8 Stock dividend 2% 9-28 9- 7 dividend 2% 12-28 Stock 1 31'Ac 6-15 6-15 dividend dividend 2% 3-29-57 12c 6-15 Frontier 5-25 31'Ac 6-30 5c Stock 5 50c (s-a) 8-16 45c 9 5-18 12'/2c RR. 6-30 6- 7-10 Refining, Fundamental Quarterly Funsten Investors, from IR. (quar.) common net 12- 7 3- 8 Inc.— Investment income— 8-15 10-10 $1.50 Gas, common.; (quar.) 15c 32'/2c 25c com. (quar.) Iron no Y.)_____. and Steel Co., 9-2" Economic i 1 6-15 4'/2% 6-15 5-15 7- 1_ Co. 6-15 5-25 25c 6-28 6- 8 6-28 6- 8 6- 8 7- 1 6-15 Edison Paso 4y2% Bros. 5-31 3% $4.50 preferred 5-25 2 6-15 6% 10- 1 9-15 General General 7- 2 6-15. 7- 3 6-15 General General Box Co., Corp., 8- 1 7- 6 8- 1 7- 6 4% 1st 6-21 6- 1 4% convertible 2 6- 5 General Cigar General Contract, 50c 60c 7- 7- 2 6- 5 6-15 6- 1 $25c 6-29 6-15 preferred Co., (quar.) (quar.)— pfd. common,.. 1 6-11 6-15 5-25 6-11 5-25 General Corp 6-15 5-16 General Stores, participating common (quar.) preferred Electric Co., common preferred (quar.)__ (quar.) (quar.) 40c $1.06'A 45c 7- 5% Finance Corp. 1 1 6- 1 6- 1 6- 10c 7- 2 6-15 7- 2 6-15 6-30 6- 9 6-30 6- 9 70c 6-30 6- 8 $2 5c 31'Ac 7- 2 7- 2 6-18 6- 8 6-30 6-15 2 6-20 77- 2 6-20 50c 7- 2 6-20 6-15 5- 7 20c common preferred '($100 par) (quar.)— 5 7® preferred ($20 par) (quar.) 6% preferred (quar.)— General Crude Oil (quar.) i 5c 1 77- 6-15 25c 7- 1 6- 8 $1.25 7- 1 6- 8 $1- (quar.)—_ (quar.) 32 (s-a) 1 25c preferred com. 20c Ltd. 5-15 6- 35c $25c Trust, — — 5% (quar. 2nd 6 8 1 15c (quar. )__ preferred $8 6- 6- 15c <quaj\) Supply, 6-25 7- $1.12'A (quar.) Transportation Builders Cable 6-15 of Texas— Co. preferred American Baking 6-30 $$1.38 (quar.) convertible 28'Ac $$1.25 (quar.)__—,— Oil American 1 6-15 34c (quar.) preferred (quar.) preferred (quar.) 6-11 37'/2c com. 5'/2 % General 1 6- 6-30 6-30 $30c : Ltd., General Acceptance Corp., com. (quar.) General American Investors Co., common— 7- $1 Investment Paper (quar.)_________— (quar.) Power 6- b-30 40c r_ (quar.) 50c Gas Service Co. Gatineau $1.50 (quar.) (quar.) com. (quar.) 6-20 5-21 $1.75 (quar.)— Baler (quar.) Ecuadorian Corp. (quar.) Eddy Paper Co. Ltd.,. class A Eddy Co., preferred conv. Garrett Corp. & 4 $1.50 pfd. Co. (quar.) convertible preferred (Julius) $1.12'A 37'Ac (Robert) 4>/2% Garfinkel General Economy - Gair 6-29 1 25c (quar.) 9-14 6-15 7-17 7- - common 6-15 1 Common pari (quar.) 1 10- 6- 7'/2c 7'/2c ;quar.) Corp.— 7- 56'Ac 2 50c $2 56'Ac (quar.)_—.— common 7- 30c (quar.) par (quar.) preferred (quar.) Co., J20c $1.12'/2 .j. (N. 1 preferred convertible 30c (quar.) $1.25 Associates, 9- convertible 4'/2% E.) 15c 5-25 6-28 ' 5 ,-6- 1 7/ 1 6•- Mortgage Association— _ Foremost 517Ac Paper 4'A% 6- $3 (quar.)_ 1 1 ' 52 '/2c preferred A (accum.) preferred B (accum.)__ Sugar Associates, $2 Eastman- Kodak 9-10 6-15 9 — El (See Helene Curtis) 5-25 7- 52 '/2c Eastern 5-23 6-30 9- - 5-15 _ 6-29 6- $7 7-14 2 lr $1 -3-14 , 6-11 28c t.. .___ 6-11 50c (quar.) Malleable Common r: 6-15 1 6-15 28c (quar.) Industries, 8- - (quar.) American Sugar, Cunningham Curtis 6-30 8- $2 iquar.) 1 51'Ac Racing Association— Common (both no par and $2 par) States 50c preferred 6-21 6- 6- 467/sC (quar.) Stainless 75c (quar.) quar.) (quar.) Insurance Eastern 15c America preferred (quar.) Crystal Oil & Land, $1.12 preferred 6- 8 ; 50c (quar.) 8% $1.12 8 Life Eastern - 2 6-15 10c 5-31 4c common common (increased (quar.). 5-24 10c class - 30c 25c Potash Fuel 6-20 (quar.) ;_ of 6- 6- Stock Lines 6- 25c International, Steel 6-30 10c Cork & SQal Co., Air 6-15 (quar.), 7, Eastern 6-20 75c (quar.) Cork Crown Cruin Co., B Crown Oil 6-22 $1.50 Natural .50c (q.par.)_, "7-13 87 y2c (quar.) 9374c (quar.) 7-27 . preferred preferred Eastern 6-20 $15c (quar.) com. preferred Petroleum Crestmont (quar.) 5-28 50c 10% (quar.)__ preferred 4'/2% 6-28 10c common Ltd. Co. preferred 10c L.) 6- 6-15 6-22 •40C Florida 6-30 Co.— Extra .. <R. - - $1.12 common Co. Eastern Gas & 6-28 6- 6-25 6-30 25c •> Insurance Casualty 4 37'/2c ___ Paper Products, common conv.-preferred (quar.) $4 1 6- * 1 8- 12y2c (final) & 5.20% t- : Mfg Pennsylvania 10c A Crain ord. Nemours Eastern Canada Savings & Loan Co. Eastern Corp., common (quar.)__^ .-11- 40c (quar.) & Tennessee 2 7® Craig Systems, Inc., de Eastern. 27® dividend Stock receipts 5-20 1 6-12 7-31 6-15 , 5-25 8-15 Life (quar.) Flagg-Utica, 5% 1 $1.25 . . 8 9- a- 6- 75b (quar.) common 6-14 11-15 7- 3 50c _'__!__ 6- $2.50 1 7- quar.) (quar.)________ 6-21 $2.50 8- 30c 2 20c (quar.) Quarterly tl2J/2c ___ 5c Common 5-18 $1.25 Quarterly East Cosmopolitan Life Insurance— Cosmopolitan Realty 6-15 25c 7- 3772c - 6-15 t25c common 25c .__ 6-29 12 '/2c Eagle East (quar.) 5-15 _ 4'/2% 5-25 6-15 (quar.) 5-15 6-15 tioc Ltd!— Corp., Fittings, Ltd., class A : 8 J40c $2oc (quar,)_ Co., I.) Sulphur 6-11 Corp.— preferred 6- 6-15 Firth • 6-22 * $25c Dynamics Corp. of Amer., com. $1 conv. pref. (initial s-a) 6-25 (quar.) 6- 7-14 1, 6-15 t50c (Jersey City) »(quar.). First National Stores (quar.)/._____/ ;___ First Security Corp. (s-a) 6-14 3 8- $1.50 s-a) 40c Corp.— 25c Products : ..(quar.) (quar.)_ (quar.): $1.3174 (quar.) 7- 6-29 First 6-29 »U-16 6-11 7- 3 Filst ■„ preferred 75c preferred t20c preferred Co. Life& Financial A-14 ' 6-26 4 Fire Association of Ltd.— Tlhterlm)' 30c -(quar) common 6-?20 5-25 .$7.50 (inc. (quar.) Finance Co. of America, Class B (quar.)___ / 1 6- .. convertible 5-25 6272c (quar.) 8 6-21 6-15 9-20 t%X,X%Vz —— (quar.) preferred (quar.)— preferred (quar.) Duriron 5-21 50c 1 7-30 !____ (quar.) A. Co.- A.) Light, Duro Test 6-14 25c ; $2.10 Traders Pacific Flltrol ' Ltd preferred 4.20% (quar.) Ltd. Canadian National Fifteen Ltd.— preferred 4.15% 1 »30c. (qtar.) Steel & v 6-15 $$2 - v Mines ^/Fiduciary Trust 8; 6< 6-11 • 15c Electric 4.10% 5-21 50c 35c 25c preferred ! (quar.) 3.75% & Corp. 4% 5 6- tl7V2c : preferred, 4% 6-15 8- 7- •„ $3.50 Duquesne 6-15 7- 6-30 / Investments, U. S. (E. Duncan 5-25 2 7-10 5% / $4.50 5-31 6-15 7- Pont preferred Fidelity-Phenix Fire Insurance Quarterly 1' 1 7- 6-25 25c dividend) preferred Common. 1 6-15 $1.13 & (quar.) du . 45c 7-15 45c 1 Exploration-T12'/2c (C. (s-a)___ Fibreboard 7- 5 62y2c (quar.)____ Chemical, Ltd., (quar.) i American, dep. 5 .* •' 2 6- 7-15 9c Bradstreet 5 % 1 6- - 6-30 7- 6-15 2 6-11 15 c 5-25 4y2c 6-15 7- j t37%C Glass, Federated 5-28; 6rl5 2 i 10c (quar.)__ (Toronto) Motors Players . Federal * income— (quar.) Dunlop Rubber, Ltd.— 5 6-15 & Dunham 6-15 6- 15c (G. & W. H.), Inc Cosdon 6- 6-29 75c Electric, Reynolds dividend 7- 50c ' (Ont.) Dun . 6-15 A Dow Chemical. (increased) 1 25c - 6-sl5 6-18 25c Paper & Co,,. 6% Special Ferro 6-29 5c & Driver-Harris 6-15 10c " Co., DriUing 1 (quar.) & Tar preference Drewrys, Ltd. , 6-15 7- 93%c common Papertaoard Inc. Corroon 7- ••• Dravo. Corp., 4%, preference (quar.) Dresser Industries (increased .6-1: 6- <nrar.)_ A 1 5-28 6-15 20c (quar.) series 7 6-15 6- 6- (quar.) preferred 6-14 (N^»;Y.) Insurance Federal-Mogul-Bower Bearings, Inc Federal Paper Board, preferred (quar.) - / < 7- 25c quar.) (see The Fair) Federal Insurance Co. - 6-15 J30c ______ Inc.— Dover Corp./common <quar.)_ 5% preferred (quar.) i -6 7- - (quar.) (quar.) Telephone, common preferred 6-% .7 7- (quar.)^._____, Cooper-Bessemer Corp. Copeland Refrigeration 5% 1 $1.04 ___\ Steel Coinell-Dubilicr 8- $1.1272 (quar.)— (quar. )__•__ (quar.) (quar.i Steel, 5-31 5-11 $1.13 preferred Insurance preferred 6-29 5c common preferred Continental - ,30c 40c (increased common Railway Federal 6% 4 2Qe (quar.) semi-annual Donaldson Broadcasters, Inc. preferred Insurance Copperweld $1 4 6-15 6-29 I 17cv 1 6-20 6- 17c 5-28 6- 5% shares Increased 6-11 6-11/ 1 6-15 . Insurance Mich.) 5 25c I 6* 30C — (quar.) Plantation (The) 6- 6-15 — (quar.) Inc., preferred 6-15 200 ;] Monthly 8 6- 1 25c/ investment (stock Scottish Dominion 6-15 6- 6- 6-15/ 12V2c Crucible Dominion Stores Ltd. 6-15 / 60c 22720- (quar.)— preferred 5% 6-15 " 28c $4.16 convert ble Continental /i ' (Chicago) (quar.) /' Commercial,- common (quar..; Continental 1 7- ( preferred Federal 5-28 __T_ (quar.). " preferred fqilar.) 4%% 11- 9 Federal 6-26 $1.50 1 Common 6-14 V. * (increased, quar.)....>" .___ 4% % 6-30 6-20 6-12 3.7y2o Stock net (quar.) Foundries Dominion 1 ' 5-25. 25c (initial-semi-annual) preferred Houses Dominion 9-20 20c ;• . Continental Copper <fe Steel Industries (quar.) Continental: Gin (quar.)____ : $3.75 !, 12- 12 '/2C 25c 5-31 6*12 $1.50 . (stock dividend) (Joseph) Beneficial $1.25 . Dome Mines v 6-20 1 10c Assurance Continental 2 $1.25 (quar.)—____£ preferred Continental •7- $$1 / Power, Continental 1 6-1 10- 7-.1 , _r preierred $4.50 • • •. (quar.) quar.) Television & Radio Consumers Securities com. (quar.)_____ common B 6-20 -7-1 __ Y.), Electrodyamics Consolidated Preightways— • 2 40c ,« Standard (N. Consolidated Consol. 15c 7- 12v 6-11 . 12V2c ; Co. (quar.) Dodge & Cox Fund^— Beneficiai; shares 8-1 30c w Diversified preferred New- 1 (quar.) 1 25c Dobeckmun 1 9T 1 7- $1.25 common (s-a) Consolidated Edison ; 6- ; 9-15 preferred A Farmers 1 6- 20c ^ /._♦ (quar.)__ $3 pfd. (s-a)____ ' Dobbs 8-10 Federal 6-12 6- 6-15- 1 8-10 1 Quarterly 7-10 6-15 5-3L 6- 9- Famous ft. 6-22 6-11 6-29 37%c ;_ Fanny Farmer Candy Shops (quar.) Fansteel Metallurgical (quar.) - ft:; 7-20 87 '/2C (quar.) 9 $1.25 ft-lft iy2c Car__ Growth conv. 6- 12- L 25c (quar.) Fund, Dixon 7- $1 gtd. » Donuacona Consolidated . 6-15 6-15 20c Corp. 12-15 5C Ltd. 5% 6-1 10c quar.)— Coppermines •6-15/.; 62y2c Aluminum, common—! preferred (quar.) Dixie Cup Co., common (quar.) 5-31 , 12-15 - $5, preferred (quar.) .Consolidated 6-15 6-15 7 6-14^ 62y2c 5-23 V ■f 5- 1 6- 1 (quar.) Fairmont 5- 7 / 6- 30c (quar.) Falconbridge Nickel ■j 36c > 5-17 6-15 27® . Cement— (initial 4 Dixi^ 6-_l 10c *; 4 6- 30c (quar.)__! Quarterly from . preferred 6- 1 6-15 A j:i Fairbanks 7* 6-28 6- 40c (quar.)__ 6- preferred Excelsior 8 5- 25c ((quar.)-^ Distillers Corp.-Seagrams 1 23c common common 6-15 6- 30c ___: _. 5- 4 6-15 1 Excelsior Life „ 6- $2 Diversified 9-20 ! / 6-15 30c 6-15 9- Ewa , 5-31 2- 6-20 30o 12V*c semi-annual) $1.25 . common Motor Club 9 6->4 6-11 2 (quar.) 5% 6-15 35c _ . (quar.) common Diners' 1 $38c . (quar.) 40c New 6- New • , 5-15 9 6-30 137c Power/(quar.) 40c Consolidated 5-25 V« 6-20 r 10-10 30c T Diana —Stores 7- Pittsburgh RR., 7% Eversharp, 6- 4 35c Portland Dement_/_ Diebold, Inc.— v 6-11 6- -,$38c ________—_ ; Arts^_ Alkali Diamond t' _ Light 6-15 5-25 8 15c ^ ' Connecticut Diamond . Diamond 6- (Toronto)— Quarterly Congolehm-Nairn,, Inc. 7- 2 25c 2 i- 2 i .(quar.) Di-Noc. Chemical 6-15 8/ 25c —.—. ] 6- (quar.) __ Corp., preferred 8 6-20 2 7- A Pair -.(quar. ' 6- $5 Community Public. Service (quar.) Compo Shoe Machinery, common (stock div.) / * NaSt Publications (quar.) Quarterly Di - 70c Shearing & Stamping Co. (quar.) Confederation Life Association ;, 6-30 6-30 (s-a) (quar.)'__/_ Conde ;/ s; 21 stock Portland Cement Giorgio Fruit Corp., ' 5-31 Co. ; Co. ^ A_ Dewey 5-31 . 5"7- 2/ 50c Insurance Columbus Mutual Life Insurance Commercial 6v 5-31 60c Life (quar.) Commercial., Credit 7-16 10c __ (quar.) National (Boston) 1 ." 8- "7- 6% 6- 6-28 7- 7- $1.65 RR.— preferred $1.20 6 40c 62'/ac (quar.)— Ero Mfg. Co. (quar.)— Erie Resistor Corp of one (quar.)i.__/^____ common common Detroit, Steel " ' 20c (s-a) Mfg.,. 6* 25c (Initial) com. $1 < Mortgage & Realty Stamping ;(quar.) Detroit '.« ' •" B" 1 4" 6-15 6-15 6-11 $5 Y., Harvester Detroit 7-16 1 6-30 3l7»c 4'$1.25: (quar.) 6- 8- /6-30 (quaT.)_= •/, common 12V2c (s-a)__. debenture Detroit 4 7- 2," 683/4c (quar.)___—:.—--j—— •' 6-29 62'/2c (quar.) preferred security. profits)__ 2 $5 5-28 . 5-21 6-11 7- $5 ; - Detroit.Gray Iron Foundry 25c " Colorado 7/ 1 6-15 6-29 62'/2c Electric, common Capwell (quar.) com. 5-15 5-31 30c (quar.) District & 8 6- 6-15 6-21 25c Gas Freight (increased Co. (quar.) Erie Railroad, 4 V2 j[quar.)___: 6-14 America— Quarterly Colonial Sand & Stone and Denver Union Stockyards (quar.) Detroit. & Canada Tunnel .5-25 6-30. 5*28 Air Mfg. Erie 5 ; income Chicago Trucking (quar.)__ Denver Transit, $2Mj-$3y2 p-fd. (s-a)_ $2y2-$3y2, preferred (s-a)____ 6-14 ; Air Voting 6-14 2 6-5 (quar.) ..Denver " 6-21 3c 25c Ero 6-15 lOe Lines, Inc. „• 6-18 $7.40 6-30 Chicago- & St., Louis stock for each 33Vb shares'held)' Deanison 6-18 2 N., RR. '6-U 6-25 7- of Emery 6-29 25c 25c (quar.) preferred Payable oi Reo. 31'Ac (quar.) & Williamsport preferred (s-a) 7% 7-/3 $1.25 common common______l_____r._ Lackawanna & Western Rk.— com. 5-25 7-2" 6- " Delta 5-25 : 6-15 7-16 lnc._ Delaware 6-5 8-11-. 75c Co., /.share . 7- " Mines, Ltd $3.50 6- . '■-* $1.127i! Clorox Chemical, new com. Coca-Cola & 2 933/4C Stock dividend (Partial distribution I 4 7- , 2nd Elmira 1 5- J75o &; Hudson' Co.,. new Delaware, - 6- Iron, realized Stores, Deere 1 ." (quar.). Cochenour Willans Gold 6- 20c Electric 6-28 2 » investment from Delta 5-18 7- ./.$1.12Vi Electric Illuminating—/ 5% 1 Consolidated common preferred 2Qc (extra) (quar.)_____ Fund, Inc.— Delaware t / Dejay 6-20 6-14 > /15c . Malleable /cents Co., 5% 6-15 Frere, Ltd., class A- (8 cents from 6-20 ' r. $1.50 1 (quar.): preferred Clevite 6-15 Plants 5%. preferred , 6-20 6-30 6-30 10c.< Mfg. (resumed) il u Clayton & Lambert Manufacturing (quar.)__ Clearfield & Mahoning Ry.. ts-a; —-ACleveland-Cliffs Iron, common (quar.) ______ $4.50 6-30. & Delaware 4 '5-25 9 30c (quar.)_^.__L B/ (quar.)__ preferred Clarostat Elliott 3c 5c Dayton - ; Elizabetntown * 80c - ( 6-15 Clark Pilot R David ^ 7-27 .— 9-7 20c Dana Corp., common (quar.) 3%%.' preferred series A (quar.)_. C 6- 6- Clark » & 6-20 6-286-28 City Baking, 77® pfd. (quar.)—— $1.75 City Investing Co., 572 7c preferred (quar.)/ $1377» City Products .1 : 62V2o" (quar.); 7 Extra 45c __ ; 7 6- Abbey DWG Cigar Corp Dan River Mills (quar.) 3% ; :—, 12- 6-28 1 6-20 Citizens Independent Telephone Co.— preferred A (quar.) : 9-28 12-28 55c Inc. Bond' & Share (quar.— Electrolux Corp. (quar.)_ : Elgin National Watch (quar.) Electric 8 7 50c * Extra 6-15 6-11 66- 6-28 Share Company Holder$ When Per Name of 6-8 50c ^ Corp. Cutler-Hammer- Cypress Holden 1 . Christiana When Payable ot Reo. -75c 4 (quar.) Curtiss-Wrignt - Share , (quar.) A 5-14 $110 $2.50 (s-a; preierred Class 6-15 -— pfd. $7 - Publishing Co.,'$4 prior pfd. -(quar.)_ Curtiss-Wright Gorp., class A 6-14 $1 (resumed) Copper Chipman Knitting Mills, 5% Chrysler Corp. Name of Company - Chicago South Shore & South Bend RR.— 51 (2691) Flreproofing 1 6- 8 7- 1 6- 8 25c 6-29 6-15 50c ; 7- 15c 20c (quar.) 25c 6-14 5-28 6- 5 5-11 6- 5 5-11 90c 5-31 General 1 6-20 8tock dividend 6-15 5-28 Stock dividend payable In common 0.0075 % 5-28 Stock dividend 0.0075% common—,— 0.0075% 2-15-57 12c 6-15 1 11-15 dividend, In in common Stock payable payable 6- 8-15 2 6-15 6-12 7- $1.12'/2 7- $4.12 preferred (quar.) $1.03 7- 2 5-28 $4.72 preferred (quar.) $1.18 7- 2 5-28 Foods (increased quar.)_ 100% General Manifold & Printing Co. (quar.) -5-31 The Commercial and Financial Chronicle ... Monday, June 4, 1956 (2692) 52 share Name of Company preferred (quar.) $3.75 preferred S5 Pa^ab^e —- Advertising (quar.) Cement (increased quar.) General Pi-cision Equipment, common $4.75 preferred (quar.) Railway Signal General Extra 5 0bC *oc 40c |>Db Refractories (quar.)— —General Steel Castings (quar.)— — General Telephone Corp., common.. — 4.40% preferred iquar.) 4.75% preferred (quar.) — 4.25% preferred (quar.) General Teiepnone Co. of Illinois— $2.37% preferred (quar.I.—; General Telephone Co. of Indiana— $2.50 preferred (quar.) General Telephone Co. of Michigan— $2.40 preferred (quar.) — General Telephone Co. of the Southwest— 5% % prelerred (quar.)—$2.20 prefcired (quar.i — General Time, 4ft% pfd. (entire issue called for redemp. on July 1 at $103 per share General (increased dividend Stock 5"c preferred above Pacific 54.60 Oil Getty Giant Class <P. Glidden : — — (quar.) Cycle (quar.) (quar.i Goodrich (B. Goodyear Tire Gordon (quar.) (quar.) Telegraph Stock Co. F.i (quar.i & Rubber (quar.i Stores, Ltd., class Mackay B Gorham Mfg. Co. 'quar.i Government Employees Insurance Government <W\ Grace Life Insurance Employees R (s-a) quar.)— 6% preferred 6% preferred preferred preferred preferred 8% preferred £'% preferred 8% A 60c (quar.) (quar.) (quar.) preferred 3% B A B (quar.) (quar Grafton Union Granite T.) (quar.) common (quar.) Gray Manufacturing Co. (reduced quar.) Great American Indemnity (quar.) Great Lakes Dredge & Dock (increased quar.) Great Lakes Paper Ltd., com. (quar.) $1.20 class B pref. (quar.) __ Hollinger One 1 6- 5- Ho-nasote 7-16 6-11 7- 2 6-14 5% 6- .. Great Power Corp., Ltd.— preference iquar.).; Lakes Towing Great Northern 1st 4.40% Paper, preferred A Northern Great (quar.) common (quar.) Ry Great Southern Life Insurance (Texas) 40c Quarterly Great Western 7% Sugar preferred Greene 4ft% 5% Copper Die Tap & Corp., Greyhound Corp. _ $1.06ft (quar.) (1954 series) (quar.) 60c convertible Cities Class 6-21 8- 75c 20c 25c __ preferred $1.25, Life Gulf Interstate Co. Gasi Oil Corp. (quar.)__! preferred $5 preferred Gulf Power Horner 8-17 5-18 8-17 r 5-15 5-17 Class 84.20 4 Howe 84.44 Corp. 5-18 B 6-18 Erie & 1 preferred 5% preferred 6- 1 9- 1 12- 1 Hydraulic 6- 9 6- 9 Preferred 4.60% 6-18 Ideal 8 6- 8 6-30 6- 8 6-20 6-13 6-15 6- 1 5-25 5-31 B Cement Brass, ,5-25 5-21 ;_ 62%c 11-26 5- 8 4 5-18 6-12 $1.25 9-10 8-17 $1.16 7- 1 6-15 6-15 lquar.)_____i____________ $1.05 6rl5 5-21 (quar.) $1.10 6-15 5-21 $1.11 6-15 5-21 Class Ltd., (quar. Halliburton Oil Well Cementing Co. common (quar.) ___: preferred (quar.)__ Hammermill Paper, common__ 4%% preferred (quar.)___ 4%% preferred (quar.) Hammond Hancock Organ Oil Plywood, (Quar.i Stock 6-15 5-25 Illinois 5-21 6-15 7- 6- 2 9 6- 9 7- 2 <j-l 1 5-25 4% 6-30 6-11 50c 6-13 6- 1 50c 6-13 6- 1 '1 Corn, 1 (quar.i dividend 6-15 ;_ _____ 7-20 6- 6- 6 5-23 ioc ; (increased 6-30 7%c common.. ____ 6- 6 5-23 ioc fl5c 6-12 5-18 6-12 5-18 4% 6-29 6-20 4% % 7-16 4.20% 1 4.35% 6- 7 5-22 7- 3 7- 3 7-14 6-15 7-14 6- ; accumulated (From earnings) 4% 6-30 Kansas 6-30 Kansas 4%% 6-30 4.28% 5-18 4.32% 6 Sceei Indianapolis 4%% 4 % % Kayser 6-15 Kekaha 6-11 6-29 5-22 6-30 6-15 7- 2 6-15. 6-29 9-28 12-28 6-15 Kelvinatoi 9-14 Kendall Acceptance Rayon Oilica Mfg. Ltd. Corp. <quar.)_ (quar.) Corp., 67z% pfd. pfd. (accum.)_ Inspiration Insurance Copper Shares, Ltd.— - Co International Business Machines common International (initial) 8-23 7- 6-15 International Metal common Industries, 45c 6-29 6- International Ocean International International Power Salt International Telegraph of Co. Ltd. Co 7- 3 6- 7 2% 7- 3 6- 7 International Textbook Maine— (quar.) — Utilities convertible Interstate $4.80 Bakeries, preferred Interstate Ry., common Department Stores 9- 8-15 9- 9- 8-15 75c- 6-15 5-31 8-15, 6-15 5-31 50c 7-16 6-29 25c 6- 30c 6-30 6- 8 8 ' 5-28 7 7- 2 6- 7- 2 6- 7- 2 6- 8 $1.15 7- 2 6- .8 30c 7- 2 6- 8 $1.06% 7- 2 6- 8 (quar.)__ 8 • 8 6- 8 20c 6-29 25c 6-25 Co. (quar.) (Julius) &, (quar.) Co. , 6-15 6-15 15c 6-15 6- 1 6-12 6- 4 25c (quar.) com. 5-31 20c (quar.) (quar.) Sugar 6- 4 5-IS 7- 2 10- 1 9-15- 1-2-57 12-15 87 %C preferred* (quar.) preferred* fqnar.)___ preferred 87VaC • Wheel S4.50 Ltd. pfd. 6-15 1 6-15 45c (increased 7- 2 6-21 1 Oil . * - 1 5-25 5 5-14 6-28 5-31 6- 50c $20e ______^— 1 6- 6-15 < 6- 6-25 $1 32c <quar.)_;— 4 6-25 $1.50 quar.)—T — 6- 8 15c 7- 1 7- 1 6-15 6- 1 15c 6-15 6- 1 30c 7- 1 6-12 6-30 6-20 12-30 12-20 (quar.) com. preferred prior 28 %c 37 %c Industries, convertible (quar.)_ (quar.) Oil 6- 7- $25c -. — Copper 6-15 2 6-20 SI.12% (quar.) (quar.i Refining 7- 60c (quar.)__— Canada of -Co.. 87%0 (quar.)_____ %1_ (quar.) 4.80-% 1 6-15 5-31 6-8 Keystone Investment Bond Fund "series B-l" (from 6-15 net 5-25 6-15 5-31 6-11 7- 2 6-28 Growth (Walter) Fund Kimberly-Clark Co. 6- 4 6-28 6- 4 Kingston 5-28 66c 6- 9 « 6- 7- 2 7- 2 6- 2 6-11 5-31 6-21 6- (I. Knudsen Kresge Kroger Co., 4 7% 7- 1 6-15 55c 20c 1 6-4 6-9 5-22 25c 50c 6- 9 7-16 6-15 5-25 3 6-15 7- 3 6-20 6-15 6-15 $1 7- 2 6-18 6-18 6-11 5-14 7-16 6-20 $1 7-2 6-15 89V3C 7- 2 6-15 7- 2 6- 7- 5-22 5-21 5-21 8 (quar.) 30c $1.20 8- 1 7-1' 62%c . 7-16 6-15 7- 1 6-15 7-14 6-22 S.) 1 Stock Electric - B A Class T-r— University— - * ' 4.75% Lambton 5-28 20c 6-13 6-12 5-18 7- 1 6-15 $1.75 8- 1 7-16 A (quar.)___.—___ ;_ — Sessions convertible Loan preferred preferred & $2.50 6- 6- 1 1 15c 6-12 6-20 6- 1 6-15 6- 5 7- 50c 6-22 2 7-10 6-28 & Co., 10-10 9-28 ■10-57 12-28 tl5c 6-30 6-15 6-30 6-15 tl5c 9-29 9-14, 115c ;- Co., common. preferred Investment A Co. ____ ("t»ar.)— (Ont.)— 9-29 9-14 115c 12-31 12-14 115c (quar.) (quar.) B (quar.) & . $ 15c class (quar.) 12-31 12-14 45c 6-10 5-29 59 %c 7-15 7- 7- +$2 $5 pfd. common (quar.) — — (Va.) (quar.) 7t__, (quar.)_'__!;— preferred (quar.) (H. D.) Co. (quar.) 6- 6-12 $1.25 9-12 <51 25 12-12 15c. . „ 7- 3 1 9- 1 12- . 1 6- 6-20 12 %C 2 6-15 3 $1.25 (quar.) (nnar.) Lawyers Title Insurance Lear, Inc. (s-a)__. Lee 5-31 6-12 12 %c Lawrence Investment Co., Leath 5-31 6-15 .4m Semi-annual $5 6-15 6-15 12 %C A Class 5-15 8 12 %c (quar.) B Class 6-4 7%c lu,. (Alfred), Class 2 5% U — Quarterly Quarterly Class 7- SI.50 Quarterly Lambert 6-18 40c (quar.)__ com. (quar.) (quar.) Extension 1 17%c dividend Salle 7- 50c — Kuner-Emoson, common (quar.) Kuppenheimer (B.) & Co. (s-a) La 6- 10c (quar.) 6% 1st pfd. (quar.) preferred (quar.) 2nd 6-20 1 10c Co. (Calif.), Co. 2 7- 50c (quar.)____ 7- 20c pfd. Rubber Creamery (S. Kuhlman 6- B.) 5-31 6-15 25c : Kleinert 5-11 5-31 45c (s-a) Telephone 9 16c Extra 2 6- Products Kittaning 1 6- .6-15 r (from ____^ '6-12 $1.06ft $62%c K-2" "series 50c 41c * (quar.) (quar.) » $2.50 income! & Kings County Lighting, 4% Kingsport Press (quar.) 9 $2.50 income) investment investment Kidde 5-25 6- net Keystone 5-23 6-25 35c (quar.) r 8-16 (quar.) common 6-29 (quar.)_ (quar.) , 1 8-15 $1.05 7- Corp.— preferred 1 6- 6- Keyes Fibre Co., *5 International 6- 9- 2 Lamson .___ 9 6-20 $1.12% tlOc ' (quar.) 1 6- 2 Kewanee 1 45c —_ 9- $1.08% pfd. (quar.) —_^_ Keystone Pipe & 3upply Co., 5% pfd. (s-a) 5% preferred (s-a) — Keystone Steel & Wire (nuar.) $1.50 quarterly 5-29 95c 5-11 75c ;___ Petroleum, Ltd.— Increased 1 C 50c 6- 160c (quar.) common 8 6-12 6-15 Kerite Co. 1 +35c Telegraph International Paper Co., $4 preferred (quar.) 6- 6- 30c 6-30 t65c (quar.) 1 6-15 $1.30% 6-15 $1.12% (Canada) 8 7- 50c $1.25 6% t50c (increased) Nickel 6-15 50c to — 7- 4%% 6-15 Ltd.— 4%% preferred (quar.)— International $1.40 (quar.) Kentucky Utilities Co., common Kern County Land (quar.) Kerr-Addison Gold Mines, Ltd 2 $1 :___ 6- 7- Kendall 6-29 7- $1 : 5-28 1 9- Special Corp.— Cigar Machinery (quar.) Harvester, com. (quar.) International 4 ■- 7- 35c Kennecott Group Shares (16c from invest- ment inc. and 39c-from security profits) International Breweries (quar.)—. 6-11 6- ' 1 6-30 5-25 35c 62 %c $1.25 3%% 12-14 50c 6 $1.12% 3%%- 7- 25c Consolidated Institutional 5-28 (quar.i 3%%* 7-14 $3 (quar.) 8 (quar.) Kellogg Co» 5-31 S3 (s-ai (s-al 6- Co. Drug Kawneer 6-20 $$1.12%' (quar.) Ingersoll Rand Co.. 6% preferred pfd. (quar.)" nrpferred Class A 50c quar.) 5-25 50c 75c 4ft%> 7-18 preferred 5% 6-15 30c Co., 1 $1.08 Kearney & Trecket 6-15 11c Products 8- (quar.) 6-15 2 (initial 6-15 $1.07 preferred 7-16 1 6- (quar.) & 7-16 10c Water Industrial Insley Power "7-16 8- 8 93 %c (quar.) Lignt, common O-JfcA 6- 1 6- 6-20 (quar.) preferred preferred 6-11 6-11 7- 40c $1.12% preferred Katz 6-29 5-31 50c $1.25 (quar.) preferred 7- 8 6-15 6-15 " (quar.) preferred 6- 6- 6-15 - 25c 5-25 ♦ $1.20 6-15 6-29 (quar.) 7-15 ' $1.37% 5-18 6-29 40C Southern 6-11 ^ 5-31 5-31 $1.25 (quar.) 6- 9 6 8 5-31 .< ■ 6-29 (quar.)— 4ft 7c 1 2 6- v 2 $1.25 — City Structural Steel (qu^r.) & Electric, common 6-30 7- 50c — Gas 7 14 7-15 (quar.) 2 7- i" 2 7- 1 ft % •' Chemical— & preferred 7-14 1007« Limestone Industrial x Extra 6-15 and dividend Indiana 6% (quar.)___ current 5-31 5-31 7- 7- xl%% ; 12c Quarterly Indiana : (quar.i- preferred City 6- 9 87%c ; Investors 5-23 5-31 preferred (quar.) preferred (quar.) Kansas 57%c (Canada) 6-15 3 (quar.) preferred Kerr-McGee Ltd. 2 7- convertible 8- 1 7- 3 corp.— (quar.i Imperial Tobacco, 7- txSl.75 J50c Lock 6-15 3 preferred (initial)—.— Vegetable Parchmont Co Kansas City Power & Light, eom. <quar.) 3.80'% preferred (quar.) 15c (quar.)___ 1 6-11 (quar. I Supply (quar.)_ Aluminum 4% % 6 9-6 1 5-22 J25c RR. 7- 7- Kalamazoo 60c (quar.) International 2%% 6-10 Co. Kelsey-Hayes Imperial Chemical Industries, Ltd. (final)— Imperial Life Assurance Co. of Canada Ltd. New $1.50 .__ - Harsco 5-21 5-25 35c Harding Carpets, Ltd i__ Harris-Seybold Co. (quar.)— Harrisburg Steel Corp. (name changed - 8 Co.— preferred Common 6- 6-15 $1.06ft (payable in class A com.) (M. A,), class A (qurr.)__ Extra 6-11 $1.12% (quar.) ___ Harbor 1 37Vic Class B (quar.)__ Hansen-Van Winkle-Munning Co. (stock div.) Harbison-Walker Refractories— 6% 7- $1 Stock dividend Hanna 6-11 (Del.)— Quarterly Hamilton Watch, 4% convertible 1 50c A 7- 35c -_i.___.__ t25c f20c common....; 1 1 & $1.25 $1.25 $1.25 , Hahn 6- Mfg. Mfg. Joy |S - 5 | (quar.) Co. Central 6- 15c Machine t35c (s-a) preferred Illinois 5-31 6- 7 6-11 12-17 (quar.)_ X; ^-7%E Circuit Breaker— 5-29 6-20 40c 6- 6- 62%c 1 Securities 2 50c Laughlin Steel, common preferred Joslyn 6-28 6-11 20c Mfg. Press Hydro-Electric 50c $1.25 ____ 5 % 4 Jonnson t30c J 10c preferred Hubinger Co. (quar.) Hugoton Production 5-25 (-.quar.)—- 6- Lamson & t$1.25 (quar.) (quar.) (quar.) 5% 5-21 common ; <fe Johes 6-22 6-12 6-13 di Jones ,6r.l5 60c 15c Door Co.— 5% 1 (quar.) Johnson 6-21 1 7- *37 %C Ltd., common common new J40c Mortgage (quar.)__ (increased) pfd. (quar.) preferred Johns-Manville, 50c (quar.i Huttig Sash 1 5-23 6-18 . preferred 3%% 6-20 6-156-35 50c % (quar.) (quar.) 25c Foods, Inc., common (quar.)_ Hupp Corp., 5% preferred A (quar.) Huron 6- 1 1 1 40c (quar.) "B" (quar.i B 6-15 7- 7-15 37 %c (quar.)_ Service, 20c Co Hunt 1 6- 6- 6-30 ri 50c preferred (quar.) Humble Oil & Refining (quar.) 6-15 4% 6-15 '6-15 1 7- $1.10- $1.08% pfd. ,accum.) 6% preferred series C (quar.) Jamestown Telephone, common 5% 1st preferred (quar.) Jefferson Lake Sulphur (quar.i Jewel Tea Co., common (quar.) Kansas 6.40'% 6-15 Y.) Manufacturing 4.60% Bay Mining & Class 5-18 (N. 7- 82 %c (quar.) 6-15 5-25 6-26 35c (quar.) $5.50 Cold & Smelting Co., Ltd.— Hughes-Owen Co., Ltd., class A (quar.) 6- 6- Warehouse (quar.) 2 Inc.. preierred $1 (quar.) (quar.)— Sound Hudson 5-21 6- $5 1 6- $1.10 35c (quar.) (quar.) (quar.) B Hoving 4 $1.25 _ 4.64% preferred preferred preferred A Class 5-24 6- 7- 1 5-3> Storage Co.—- 6-25 6- 6-25 7- 1 30c 933/4C (quar.) (quar.) Terminal 2 7- xlft% 25c 56ftc (quar.) (quar.) Houston 11-10 7- X1 % % $12%c Ltd., class A preferred (quar.) Lighting & Power 6-15 60c 53% C preference "C" (quar.) preference "D" (quar.)preference "E" (quar.) Jamaica Water Supply Co., com. $5 preferred A (quar.) 35c preferred 4.40% 6-20 2 5% 6-20 $1.12% 25c Houston 2 37 %c — 5% 3i)c (quar.) preferred 7- 7- Light, common Public 7-18 34%C (quar.) preference preference 7% Kaiser common 10-17 J Telephone— Machine 7% $1.06% 40c common 11-1 25c Irving Trust Co. 20c ,(12'/2C (quar.) Finance, (quar.) 10-17 (quar.) 30c Industries, 1 1 (John) Shoe Corp., Jaeger 7-18 1 8- (quar.) Jamaica 8- 11- (increased) Heintz. 5-10 *5-10 25C preferred & 5-31 ' " 5 37 %C preferred preferred Irving 6-11 r;r class A common iiiuusu-icU (quar.) Gulf States Utilities, $4.40 3% % 4% 8-17 11-16 6-15 25c ;—.__ (quar.) preferred Household 8- ___: ; 3.30% % Mfg $2.25 5-18 6- 37%C preferred Jacobsen 6-15 6-29 6-15 6-15 Y.) (qu.ar.) (Frank W.) 6-5 Rhode Ialand— 4.35% 6-22 6-15 6-19 6- 1 6-30 2c of New York, class A 4.40% 40c Inc. 26c shareholder ox preferred Power & • •. n (quar.) preferred 4.30% Vir¬ common Houdaiile 2-17 12%c (quar.)_ N. Co. preferred Common 5-21 25c preferred Hoskins 11-10 12%c iquar.)__ Co., B Horder's, 5-18 Gulf, Mobile & Ohio RR.— $5 Co., 4%'% 5-21 ___ Gulf, Mobile & Ohio RR., common $5 preferred <quar.)______ ot Oil Class 7-14 (quar.)_______ Co. (Erooklyn, Co. Ltd.— preferred Mining Hoover 8 15c (quar.)_______ Telegraph & Trust 'tti-V; - spe¬ a preferred (quar.) Electric, Light & Power— Iowa ' on B 4.80%; Electrochemical— Honolulu 12Vie common , and income 5%% Iowa Jack 17c (quar.i Honolulu Rapid Transit, Ltd., common5% preference (quar.)______ — Stock Insurance 5-31 cash Continental Iowa "• J cents 14 Participating 6-19 6- 3 40c — Incorporated (quar.)__ A Guaranty Gas, $4.25 6-11 6- series Hornestake 1 Corp.— quar.) 6-25 7-10 6-29 6-29 6-29 of Participating 45c 62'/2c (s-ai Hooker 5-15 5-31 6-10 9-10 12-10 7- 2 7- 2 11- 1 6-15 6-28 6-33 6-30 9- 5 12- 5 0-15 6-15* 2c Investors (Fort Semi-annual Gas- (increased A Gul.f Gulf __ (quar.)_ f inance Consumer (quar.) *. Grocery Store Products Society (quar.) Gulf 25c (quar.)__ Groiler Guardian —— (quar.) common preferred preferred Grinnell (qusr.)— com. (liquidating) Building Cananea Greenfield Corp., (quar.) Greeley Square 40c 40c 30c $1.75 $2 50c 50c 9-15 12-15 6- 1 7-16 * • of 12 cents the sale of 12 cenos payment will be or additional shares at option of the Class 6-11 '1-16 $75c realized Investors Funding Corp. (Calif.)— — Title Honolulu — Quarterly Quarterly (2.50 in paid the 2 6-15 distribution gains securities. The 20c 12%c : Marine Insurance & Telephone ginia Home 6-15 6- (quar.)— preferred Home 2 6-11 6- Fire 5%, 5-31 6-30 6-30 6-10 6-15 6-18 6- 5 6-1 6-15 6-22 6- 5 7-16 5-25 7-25 6-20 6-15 0- 1 5-28 oc (ouar.) common Telephone & Telegraph Co. Wayne, Ind.l, common (quar.) 1 6- Co., Quarterly Great Lakes 5'% 6-27 6-13 7- 3 7- 2 6-16 8- 1 6-15 8-15 6-30 7- 3 6-15 6- 9 6-29 6-15 net (increased quar.) dividend investment year-end from 7- Boston year-end net cial 23c 25C $<>oC 6% — Home 6-11 6-11 6-11 9-10 12-10 9-10 6-11 6-11 9-10 9-10 12-10 12-10 6-15 $2.50 for each 20 shares held preierred Home 5-23 (quar.)— Oil— Holly 1 5-25 6-30 6-15 6-15 6-15 6-27 6-25 Ltd. Mines 6- 2 6- 1 from 6-16- 1 of ? ' 1 (quar. )_e Trust fiscal '€-* 4 7- ! preferred A (stock dividend)— share of Canadian Holly Minerals Corp. (lc par) 6-15 6-30 — iquar. 1 Gold Consol 6-15 6-15 50c 25c 12%c 46c (quar.) (quar.i Corp. Investment Holly Corp. 6- » 8-1 t30c 30c J40c H.i 6-15 7- 2 6- 9 7- 2 7-2 7- 2 Lumber 5-23 6-11 6-11 6-11 6-11 6-11 6-1 6-i5 6- 5 5-13 6-15 6% Ltd. Canada, — Electronics 1 J. 5-28 o t31ftc 25c 60c $1.10 62Vic 56ftc 50c 50c 93%c 10c 20c (quar.)__ (quar.) Co, preferred 3%% preferred 4ft% Co., City Steel (W. Giant « (quar.)— Co. of Co. Paper (Edward) Holan .6-15 6-20 7-16 6-15 7- 1 7- 1 6- 4 6-15 6-11 6-30 C-30 7c iinitial) Products Gianco Grand $2 t25c Co., class A & & Light, common Dauch Hoffman 6-15 7- 1 7- 1 6-29 7- 1 6- 5 SI.50 $1.50 $1150 $2 $2 $2 $2 $2 $2 (quar.) preferred preferred ; (quar.) common Bartlett Spencer, Hinde. & ® <quar.i 3% (quar.) Common 6-21 7- 2 6-14 B (quar.) A (quar.) B Inc. Common 5-31 (quar.) 6% 1 quar.i Electric Hllo 5-31 5-31 5-31 *— 8% Corp. Hewitt-Robins, 6-14 ;— (quar.i 8% Hertz 5-25 b" 0 Co.— & (increased Common (quar.)— (quar.) A 6-12 6-12 6-12 G-12 6-12 6-12 6-15 7- 2 6-15 6-15 7- 1 50c 53J/sc 50c 25c HersPey Creamery (quar.) 15c 50c 30c 15c $1.12% $1.50 15c 55c 60c 112V2c 50c 30c 10c — series preferred Investment Foundation Ltd. 50c 75c 60c 40c (quar.)__ (quar.)— common 5-25 5-29 37'/2C 5c 35c — Products, common Chocolate, 6-11 6- 9 145c ; pieferred A (quar.) — 4ft % 7- 6- 8 25c 60c 10c 50c 12Vac (quar.)— A (quar.i_. preferred Golden 7% b"2* 20c 50c — Cement—_ Brewing, 60c preferred k ®" 12'/2C Inc. Hercules Gallon 7-10 — Ltd Products, Corp. 25c 25c 125c A r iquar.) Securities Intertype 15c 50c (quar.) (initial)— class (guar.)— Ltd Paper Interstate 30c (quar.) Cement Hercules 5-14 6- 1 tioMtrf -6-20' . 54 %C —i (quar.i 6- 4 6-25 6-14 35c preferred Brewing Co., Hendershot 5 h Co.-- Portland Heiemano 9 6- preferred 6-15 7Vic 10c 91ftc —— — Industries, (G.) llein-VV'erner twi $1.25 $1.23 A dividend)— class J.), Heileman 6-15 : (quar.i iquar.)—— Co. 3.65%- Curtis Helene 30c Co., (H. Hlnes (quar.i & Mining Heinz <- L" E (quar.)______ Giass Quarterly (quar.)— (quar.i- Corp. Hecla '' (stock preierred — (quar.i— Hastings Manufacturing Co 5 name (quar.) Co. <tVz'zc Gold 6- . of the changed to Georgia- was H.j Globe-Union, Goebel 'mm 45c April 30 the Distilleries B Hazel-Atlas Hibbard, (quar.) Falls Glens Hazeltine 5 (quar.i.. D Heywood-Wakefield, Glen-Gery Shale Brick, common (quar.)— Glens Falls Insurance Co. (N. Y.) (quar.iGlenmore 5 6- Hershey Machine..—- Glatlelter 5 6- 2 :j* $1.25 Co., Co. Gisholt 6- o-jo (quar.) C yv ncn 18 %c (quar.)_—— common 25c 12c 12Vic I2ftc 133/4C 13ftc — (quar.) (quar.i— pieferred 5.30% 4.36% 15c 5oc Ltci.___ Co., common A B preferred 5Vi% Interstate Power, •" $2 — Ltd Co., prefeired preierred 5.10'jo o-^ bUC 21II 55c quar.i common Portland Cement Gillette 6-15 Corp. Products Gerber ° ■ Power S4.92 5%. 7 b2/2C ac Co., $5 prelerred pieferred (quar.t---; preferred (quar.i Georgia 4.80% 6-11 Sugar & Teiepnone, 6-16 — company Electric Hawaiian 6-15 5a/sc (quar.) Effective Note: Hawaiian 1 6-11 £'}£"■" *~2a ■*' 40c 40c 1 6- Put¬ Fund of Boston—See nam (George) Fund Georgia-Pacific Plywod Co.— Putnam Common 6- . (increased)—. commercial 6- -25<j ftlT 25c 25c (aceum.)— (quar.)__ Hawaiian ^ ^ " •' prior pfd. $4 Agricultural d.j/»c $1.06 A plus this dividend) General Tin Investments, Ltd.— American shares (interim)-George ™{*c Tobacco, Furniture Hawaiian 6-11 o jo o 7-2 ----- —■ Haverty fi-28 «wc (quar.) .___ Hartman 2 5-21 _ 45c owe Portland 2 7- _iX—_ Payable of Rec. Share Name oj company Payable 0/ Rec. Share Company Chemical Harshaw 7- J1*' * < quar.i General Outdoor General 5-17 50c ^ 9Jx (quar.) common General Motors Corp., Name oJ 0/ Jtec. Holder1 When Per Holder* When Per 6 6-.2Q 1" 6-11 62 %c 7- 1 6-11 50c 6- 5 5-18 35c 7- 183 Volume Number 5539 . .. The Commercial and Financial Chronicle . When Per Name of Lee & Company Leece-Nevi'le Lehn Co Special Leslie Co. 6- When Per Name of Company 5-31 8 Mesta Machine Forming Share Co : : 7- 2 6-16 6- 9 7-10 Metal 6-25 6- 4 Metropolitan 6-25 6- 4 40c 6-15 5-15 3.90% preferred (quar.)... 97 */2c 7- 1 J4c a iquar.)___. (Canada), Ltd 7-25 6-15 5-31 3.85% preferred (quar.) 96'Ac 7- 1 preferred (quar.) 95c 7- 1 30c 10c 50c 6-27 <75c 6-27 (quar.)i 10c Edison, 4.45% preferred (quar.) 4.35% pfd. ". 4 " 6- 4 6 4 6- 4 New Jersey 6- 4 New York Auction 6-15 6- 8 New York Central 6-15 6- 8 New York, 6- 6 New York City 6- 6 New York & 1 Life & Casualty Lincoln 6-15 6- 9 5-25 6- 9 5-11 7- 2 6-13 40c 6-10 6-15 6- 1 Liquid Carbonic New ■ ■ Jersey Power <fc Light Co.— 4% 3 V2 % preferred 3*/2% 6-12 5-31 Corp. 6-30 6-11 Miami 12 */2 C Railroad __ 6- 1 ' par) (quar.) 56'Ac 8-31 8-16 ($50 par) (quar.) 56'Ac 11-30 11-15 $1.12»/2 8-31 8-10 11-30 11-15 9- 1 preferred preferred Michigan Gas Micromatic 8-15 Stock 1 8-15 Midland Oil 1 6- 1 Midland 6- 9 5-18 Special guaranteed Special guaranteed Special guaranteed (quar.) (quar.) (quar.) 50c 9-10 8-17 Mid-West 50c 12-10 1-16 Midwest $4.30 $4.30 original Finance Common Lock Lockheed $3 4.75% Investment & Louisville Lowenstein Co. Lykens Valley Lynch • Ccrp. & .6-15 6-11 6-11 5-25 $4 5-25 Mississippi 4 4 Glass 1 Missouri Class River & Coal Co. (s-a) — Mohawk Class Monarch B 7- 2 6-15 Monterey 7- 2 6-15 Moore 6-11 5-31 7% Macy, (R. Madsen H.) 6-15 6- 1 7% 6-15 4 5-18 6-30 6-8 6-30 ■ Chemical Oil Co., Manufacturers Leaf 5% Life Marquette ; (M.) 7- 2 6-22 Co.— $1.06*4 (quar.)— (quar.)— 30c . (quar.)—: 37 Vic — (quar.) common Co. Fund ; Electric & McLellan McNeil Stores Increased preferred 6% 6-17 National 7- 2 6-17 Class _T_ — Merck & 6-11 National 5-25 National Dairy 5-31, National $15c 6-25 8- 1 6-30 ; (s-a) (s-a) National 4 National 5 National Hosiery Mills, 6-11 Class 6-15 6- 7- 1 6-15 6-29 6-15 Class 6- 9 5-18 6% 25c 6-30 6-15 7% 88c 7- 6-15 2 6-11 5-14 6-14 6- 7- 2 6-12 1 6-12 6- 2 8- 2 7- 9 11- 2 10- 9 7- 2 62V2c 77- 2 6-15 6-15 1 6-15 6-12 5-25 7- 2 6-15 $30c 5-31 6- 6-15 5-21 30c (quar.) 6-30 6-27 6- 8 6- 1 6- 8 6- 1 6 20c 7- 2 6-11 7- 2 6-11 7- 2 6-11 25C 6-30 6-14 IVi % 7-14 6-14 $1 Scott— 6-26 Northern 5-25 Northern 7- 7-27 7- 6 10-27 10- 4 6-10 5-18 6-30 6- 6-15 6- 1 6-29 6- 8 6-12 6- 1 1 6-20 6- 6-11 5-21 Co. 7-16 6-20 30c 6-15 5-11 6-15 5-11 22'/2c 6-15 6- 1 50c 6-22 6- 8 6-30 6- 8 50c investment 6-12 6c (quar.)..., 7-16 7-16 5-31 . 6-30 6-30 in¬ 4c profits) 6-12 Co., dividend __ 25c lVi% • Quarterly 9-29 10-13 9-13 5-11 9-13 — Castings Investment (N. paid 5 stock 45c 6-| 4 5-15 6- 5-31 New on Ltd. Extra 5 6-25 6- 6 $1.37*/2 7- 1 6-20 7- 1 6-15 7-26 7- 7-16 6-29 $69c 6-15 5-25 40c 6-15 6- 6-11 5-1* 0 1 1 7- 2 6-15 7- 2 6-15 3.90% 4.44% Ohio Forge Oil Ohio Service Life 4*A% preferred Corp., Onondaga 1951 Jockey Ontario Loan Ontario A Beaity & Ltd., Mfg. 6- New Canada, : (quar.) of for the 5-14 Owens-Illinois Glass 45c 5-17 Oxford 5-15 75c 7- 2 6-15 6-11 5-31 6-20 6- 1 50c 7- 2 6- 1 15c 7- 3 6- 1 10- 1 9- 7 1-2-57 12- 7 7- 3 6- 1 75c 6-29 6- 4 7- 9 $1.50 8- 6-15 5-25 6- 5-15 1 9 Clay Union Gamble Pacific Gas Pacific Tin Panhandle 4% Pantex 18c 6-15 6-30 6-15 6-15 5-31 6- 6-15 5-31 6-15 5-31 7- 2 6-15 7-14 6-15 6-11 5-25 1 25c 7- 2 7- 2 6-12 6-19 6-19 6- 1 6-25 6-15 6-25 6-15 6-21 6- 1 6-30 6- 1 3% 6-30 6- 1 7- 7% 1 6-20 5-31 6- 5-24 7-20 7- 0 5c 6-15 6- 1 5hc 6-?9 6-n 10c 6-29 6-21 5 6-15 9 5-15 7-25 7-5 6- 5-17 5 1 7-18 7- 6-15 6-5 2 6- 5 5-22 60c 7-12 6-12 7- 2 6-15 6-15 6- 1 6- 8 5-28 t75c 7- 3 6-15 6-15 75c $1 3% 4% 7- 3-31 1 6-13 6-12 5-22 7- 1 6-15 7- 37*/2c — 2 6-22 4 50c 6-18 6- 50c 6-15 5-28 30c 6- 25c 10c 6-19 — 6- 1 (Initial)—_— 9%c 6-15 6- 1 7- 2 6-15 6-28 6-15 (quar.)___ (quar.) (quar.) (initial) common preferred (quar.) (quar.) com. (quar.) 9 6-15 35c (quar,) 12'Ac 31'Ac tl2'/2c J20c +35c 6-15 6- 1 6- 5 6- 1 6-12 5-29 6-15 5-31 Mttals Products TeieDhone. Fruit Stock Inc. Cement Co.. (quar.) common (quar.) preferred (quar.) preferred (quar.). Controls, — — (quar.) — C.) (quar.) (quar.) Pennsylvania Engineering (quar.) Sand (quar.) Pennsylvania Quarterly Glass 6-15 45c 25c 33c 32'Ac 30c 25c 83Ac 7 1 5-29 5-28 6- 8 8-15, 7-25 8 15 7-25 8-15 7-25 6-15 ' 6- 1 6- 1 — ________ 6-15 6-15 5-18 2% common Co. 5-23 6-13 6-15 5-18 75c (quar.) dividend (J. 5-31 6-13 25c — 6-15 20c 5c Cement Penn-Dixie Penney 6- 6- 6- $2 preferred Penn 1 10c (quar.) Special $1.30 7- 6-11 70c — (California) Peninsular Penn 6-12 $4.19 20c : Canada, Ltd "Peninsular $1 6-20 6-15 quar.) Manufacturing Co., Ltd., preferred (quar.) Peerless 6-15 3 7-16 _______ Transportation of 3 7- 7-16 dividend) Pictures Co. Pasadena Patino 7- $25c 1 (quar.) Rust-Proof Parmelee 6-20 1 Motors Petroleum, Parker 5-31 6-20 7-14 6-29 (stock dividend) convertible 6% 6-15 "7-14 $15c $133Ac 8- 1 Appliance Parker $1.32 6-15 7 Parker 1 2 5-21 8- (quar.) preferred Paramount 67- 6-11 31*Ac Ltd. (quar.) Pipe Line Co.— (stock Mfg. Co. 6% 8-17 2 $1.25 (quar.) (quar.) Paramount Paton Tubes, Oil 1 7- 7-31 30c (quar.) preferred Panhandle 9- —____29Uc (increased Eastern Common $1.06'A 6-15 40c Electric Consolidated Page-Hersey 5-17 20c (quar.) pfd. (quar.) Robinson & Lumber Pacific 9 62*/2c (quar.)_ Indemnity Pacific 6-15 6- 40c (quar.) pfd. 5% Corp., preferred Pacific 6-25 6-30 20c (quar.) 5% Co., Finance 43A% 25c 10c 50c of tax) (quar.) Products Coast Pacific Pacific 8 to (quar,)—— 6-15 5-23 8 for (initital-quar.) common 5-18 $1.06'A 6- 6- 17*/2c (Minn.), com. Fiberglas— Paper 6-30 15c 1956. 1, (s-a)——_____ 8 Ltd.— — Subject exchange June shareholders 6-11 div. also being (this shares. before Power Tail 5-11 $25c (quar.) (quar.) Building Owens-Corning 30c (auar.)__ —.—— Co. rate deducted be Otter shares after payment of 50% Machine Opelika 6-15 5-18 ! Supply Co., non-resident 5-18 115c com. will Africa 5-18 20c (quar.) Western — 6-10 37 '/2C (quar.) (s-a) com. (quar.)— American 8 Telephone— Papar In 9 15c (quar.)_ Debenture 8 6- $1.12'/2 25c $5c Ltd.— narticipating preferred O'okiep Copper Co., Ltd., American shares (final year end) (30 shillings a share on ordinary shares equivalent to above 8 10c — — (quar.) convertible $1 6- (Pittsburgh) (quar.) (qunr.)_ :__ Club, preferred B 6- 20c Insurance series preferred Pottery preferred 5*/2% ______— common convertible 2 6- America— 40c preferred (quar.)__—_ Chemical, common (quar.)— Mathieson 4*/2% of Co. li_— Quarterly Town Corp., Old _________ — 7- $1 40c 37'/2C (quar.)____ Insurance 97*/2c $1.10 $1.11 !—; —_____ Coal—. Line Ontario — Machine- & Water Ben Old 6% (quar.) Co.i (quar.) Old Oliver 1— (quar.) preferred (quar.) preferred (quar.) preferred (quar.) 4 40% Orpheum 15c 5 1 6- $1.12% .— Mfg dividend) Britain 7- 6- 5-31 75c (quar.) (quar.) Radiator Co., 5 7-14 6-29 6-15 $1 (quar.) (quar.) Continental new 5 7- common 6-15 50c dividend Nestle-LeMur 5 12- 8 7- 7-14 Edison Co., Parchment Quarterly 12- 6- 7-14 Ohio 7.05% 137'/2C (quar.)_ (quar.) Fire of 5-25 6-20 1 So. 50c Products 5-15 6-25 45c 6- 6-25 35c Quarterly Neon 6-15 5% 6-15 6-15 Series— Co. Bros., Inc. 2 50c 62c 7-16 10c Preferred 5-18 (quar.) 7-13 15c series— Nekoosa-Edwards 9 Crankshaft amount C.)— Extra Stock 7-21 6- Ohio any change in the South African funds 4c Machinery Supply Co., common preferred (quar.) Nebraska 1 6 5-18 50C Co fquar ) National 12-21 8 Steel Corp. S. 7- 8- 6- 8 $1.75 Steel National-U. 8-17; 7-16 6- 6- 18c — __. Industries & 8-24 40c $3.50 6- 5-29 15c _____ National Tile 5-31- 6-11 6-15 15c Car, 1-7-57 20c — (quar.) ciass A Steel 25c (quar.)— (quar.). (quar.)__ Ltd., National Union 5-31' 6-20 6-15 2 1 — (quar.) Co. 5-29 50c ___ (quar.) Standard National 6-20 6-20 Pacific 1 National National 6-26 20c 30c , series Tank 6-14 5-18 2 25c 35c Ltd. 5 9c Securities 4 V2 % . 9 7- 40c (quar.) Sugar Co., Manuiacturing Oakite 5 Corp.— —__— National 6-25 6- 1834c 40c — (quar.) 30c (increased) (s-a) Presto Rubber l*/2% dividend & & National i Products Oahu 50c (quar.) common Malleable Mortgage 6- 45c common (quar.) 6- 31'Ac (quar.) National 8 $2 Co., (quar.) 50c (quar.) .__ National 6- 5-10 6-28 Co.— ;; Works Pharmacal 6- 25c Co. B 1 6-15 6- Power Ltd.— Water 27'/2c (quar.) Oil stock Quebec 25c ; Growth 1 40c — (s-a) Ry. 31'Ac preferred A (quar.) Income 5-18 55c (quar.) common Railroad 31'Ac quar.)___— — Preferred 6-12 6-15 $1.05 (initial) 1st preferred Ohio 8 •: 20c (Hartford) Products preferred 6-20 $1.12 (quar.) Central 5*/2% Olin (quar.) B Neisner net Insurance Lead 6- $1.06'A common— (quar.)__ Telephone common 3 26'Ac A National New 6-15 -7- - 37 */2c Class A 1 6-15 15c dividend)— (stock Gas, Pacific $1.25 ; (quar.) 6- 87'/ac Oil Ohio Northern 1 40c Telegraph common 6- 25c Y.) Northern 1 37'/2c (quar.) Products Gypsum (quar.) Sbrvice, preferred 5-25 30c common 6-10 6-29 5'/2% 6- $1.65 Products & 6-15 2 35c — (quar.) A 7- 6-15 National (quar.) (N. 2 $3.50 securities National Fire 35c Merchants Fire Assurance 6- :■ (quar.)_. (quar.) common National Gas Y.) Corp. Natural 6- .j*: — (quar.) Gas, preferred (N. (s-a) Public Northern 6-22 59 %c (quar.) Cylinder Food 8 7- 10c1 —_ gtd. preferred (quar.) 4.22% preferred (quar.) 6-25 1% preferred 4 Vi % Capital 6-22 50c (quar.) common 5-25 30c dividend 6-12 25c quar.) $5 preferred 5-18 40c ' Stock (increased 5-25 10c preferred (quar.) preferred (quar.) Stock 6-20 (quar.) 8 2c (quar.) Quarterly 3 5-21 8 25c (quar.) (quar.) & 7- 1 5-31 6- 40c $3.50 Merritt-Chapman Quarterly 6- 25c 6- Ltd.— common 1 5-21 6-15 37'/a 0 (quar.) A 7- 6-19 Corp., common National (quar.) Stock $1.25 6- 34%c 4'/2% 2 common Distillers Y... 5c 40c class 4*A% 5-18 6-11 dividend 6-11 65c quar.) (quar.)—1. Cement 6-15 $2.50 ._ 9 37y2c Co., preferred 3 62'Ac (quar.)___ Casualty (Detroit) (quar.)—_— City Lines (increased quar.) 2 50c (increased Refrigerating, B 7- 6-15 7% class Indiana Oak (quar.) National Container 35c (quar.) participating preferred Co., common (quar.) Merchants Messer National 7- 2 Oil, Northern (quar.) Co., 2 $50c — Stores Star Northeast 1 Register 6- 62 Vic (quar.)_: Distilleries, Mercantile $4 Biscuit Cash 7- (s-a) (quar.) Portland North 5-31 5-15 . 6- from 7- (quar.)_, preferred (s-a) Meadville Telephone Co.. 5%" preferred Mechanical Handling Systems (quar.) Men gel National 6-14 Co.— stock dividend Insurance 6-16 (quar.) National 5c Quarterly Melchers 5-31 6-16 6-15 from 6-22 8 $2.25 37*/2c : Insurance Refractories RR., 6-12 37'/2C (quar.) (quar.) (2c 6-18 6- 1 Aluminate 50c 4% Medusa River 6- 40C t Mead Johnson & Co., com. North 3 37 Vac (quar.)_ (quar.)„ Dredging 6-15'• 6-29 7- (quar.) 6-15 Machine & Engineering Co.— McWilliams Carolina t$1.75 25c preferred Robbins North Norwich Inc., $1.12 Vi $3 (quar.)——,1—1 common 6-15 1 Co. 2c (resumed) preferred 6-15 2 6- (s-a)___ 2 7- Life American 2 7- 3 (Texas) Corp. 8 6-30 $1.28'A Initial after 50% North 7- 7- : 2c 6- Investment Corp.— American t$1.75 (Calif.) 7-20 6-30 6-14 North; Northport Lines 31 'Ac — , com, 6-28 - (quar.) $2.50 6-15 ' 2 _/ (quar.)_—\ common preferred (quar.) 6)%f*preferred (quar.) 1 30c (quar.) (L.) Co., Ltd., McKesson Natco Stock (quar.)_ Co. McGraw 25c $1.50 _. (quar.)— Ltd. 7- Car, 5»A% 6- Corp., class A (initial B (initial quar.) National Finance, Industries <Sr and come 8 6-30 15c (initial) North American 6-20 Mills, Trust Mutual 25c Co., 5-18 (quar.). & System, Class Navigation 5-18 6-12 (quar.) B preferred 5-29 Electric $3.50 6% (quar.) McCrory Stores, ■ Mutual 8 Valley Ry. (s-a) Massey-Harris-Ferguson, Ltd., McCormick 8 6- Massawippi - 6-15 30c ; Corp., 6- 3 Mfg Convevor 6-12 25c Co. Nashua Massachusetts Investors Growth Stock McCord 3 7- 6-20 Oil McBrine 7- 2 & 50c 3 Murray Corp. of America (quar.) Muskegon Piston Ring (quar.) Muskogee Co. (quar.) 7- preferred Maytag $$1.10 ' 25c . Maule 5 5-21 ___ & Sons Electric 5 6- 6-11 6-20 . Maui 6- 6-19 5-31 6% preferred (quar.) Maryland Shipbuilding & Dry Dock— Common (quar.) ! Matson 6-15 2 Credit Mathews 40c American 9 preferred Murray 8 6- 30c North 7- Quarterly 6-15 Casualty Master 5-18 6- 75c (quar.) 5-25" 7- (quar.) Munsingwear, Inc., common 5'A% preferred (quar.) 7- Maryland 4*/2% 6-11 (s-aV— common 5-31 25c (quar.) 17 Vic Maryland Mascot 6-15 Ry. Ry., 6-11 1$2.40 (s-a) __; Mountain Fuel Supply (quar.) Mountain States Telephone & 5-31 : 6-30 6-30 40c System—— 6-27 20c A preferred 8 85c 15c (quar.) (quar.) Southern Western 25c (see Philip Morris) 7% 45c $50c Y.) Normetal Mining Ltd. (interim)— Norris-Thermador Corp. (quar.)——+ 130c , (Philip), Inc. 32'/a c Cement & & Ltd. 130C (quar.)__—_____ Plan (quar.)„ preferred 4*4% Marsh 8 Ltd.— (quar.)— Field 6- $$1.25 — (Toronto) Cc. Co., Marlin-Rockwell Marshall Insurance (quar.) (Calif.), common preferred $1 Norfolk Norfolk 125c (quar.) Morris 5-25 $1 _ (quar.l Calculators Basket Market 1 6 135c Motor Finance Corp., Mount Vernon Mills, 6-15 30c — Moore (quar.) Milling preferred Marchant & A Morris 5-25 6-29 35C (annual) Co. (B.) 6-15 6-15 . 6-15 6- 15c (N. (quar.) Mines, 6- 9 $2 (quar.)__ Furniture Paper 4%% 7 6-30 30c Co.— Maxwell Manning, 5-22 2 $25c (quar.) Stores Manischewitz 5-22 6-22 50c (quar.) & 6- 6-22 59 %C Ltd. (quar.) R.) 7- . $50c Chemical 8 6-29 6-30 $1.02 */2 Corp 15c (s-a) (Winnipeg) common (John) Morris 5-31 $$1.25 37 Vie (quar.) shares (P. Mangel Co. Morrell 5-31 6-29 $5c —— Corp., Priority 6-15 50c Mines— common (R. C.) Mailman Mallory 5-18 5 5-18 75c Quarterly . —— (increased quar.) Gold Co Car Mahon 6-18 Morganton 5-15 Ltd.— — preferred (quar.) .,43A% 5 5% '. Magnavox Magor Maple Co., 6- Noranda 6-15 6-15 6- 97*/2c Transit Share 6- 40c Morgan (J. P.) & Co. 8 30c dividend) Steel 6- Nopco 7- Frontier 6- 35c (quar.) class Engineering— prior preferred $2.50 6-19 7-16 Niagara Niagara 1 $1.10 common (quar.) Co. Corp., Morgan 5-31 6-29 40c ■>" (quar.).. __ com. Life Assurance Monsanto " 25c — (quar.) Ltd.— Co. & Line, Ltd., 5-15 6- 12 Vic — 6- 2 2 6-22 90c (quar.) preferred (quar.)_. Fire Insurance Co. $1.15 pfd. Y Pipe preferred $20c Paper, Lake Red Extra - (increased 4.40% Fuel preferred $12 Vic —— (quar.) ; 8-1" 15c f___— & • .____ 8-15 5-25 4.10% 6-15 ; $1.25 (quar.) Brewery, class A (quar.)_L_. 6-11 , 6-15 Preferred (quar.) 15c 8 $1.06V» - 35C (quar.). Rubber Molson's 3.90% 6-29 Modine 1 6-15 6-20 1 J3c preferred Power Ry. (quar.)_______ Containers, 6-15,, (quar.) 40c 6- 6- (quar.) preferred preferred 10c 6-15 ,.5-28, preferred 3.60% 150c common Modern $5c 1st ,5% (s-a) 6-15 , 3.40% 5-28 77- ?0c (quar.)___ _'_ common 6-15 6-15 7 */2c 7-16 8 Power, 6-30 8c 50c 9334c (quar.) 6-30 37'Ac 6-18 2 Co. 2 Niagara - J.) 6-15 * c 6-29 20c —_ —,— Ltd. Structural Mackinnon Maclaren 7- 35c Co.— (J. S.) & Co. Ltd. (quar.) (Robert), Ltd., class A Mobile & Birmingham RR., 4% pfd. 53'Ac (quar.) MacWhyte Co. (quar.) Mack Trucks, Inc. (stock Niagara Mohawk (J. 33Ac 7 Vic * (Quar.) 8 125c 6- 6-30 8 131'Ac 7- 5-31 $1.50 6- Mitchell .6-11 9 7-10 (quar.) com. 6- Mitchell 40c 6- (Ohio), (quar.) 2 5-31 50c 1 $1 Telephone 2 6-11 17 Vic 6- 7- 6-15 —i 6-15 7- 6-22 —- 8 8 $1 (resumed) Newberry G5c (quar.)'—i 66- Newport Electric, 3%% pfd. (quar.)_ Newport Industries, common (quar.)___ 4 V» % preferred (quar.) ; t25c Sport Products (quar.) & Bloedel, class A (quar.) B Mfg. Service, Mfg. 1 6- 1 371/2 B Public 6-18 7- 1 8 $1 Co. preferred 1 1 1 6- 50c quar.) Mississippi Power Co., 6- Moore-McCormack Class (quar.)___ (quar.) 6- 5- v (quar.) 2 6- 6-18 7- 7- 6- 37 */2 C Lyons Metal Products (quar.) Lytton's, (Henry C. Lytton) & Co. MacMillan & (increased 2 6-12 1 7- 20c 6-15 6-15 6-12 7- . $1.12Vi 5-31 Power & Light— Mississippi 6-22 50c $1.12 Va 2 20c (quar.) » MacGregor < .' Louis 7- 1 5-25 933Ac (quar.)__; 6-15 f 10c . . common—— 7- 6- 5-10 2 Gas— & Service preferred 9 7- $1.50 (quar.)___— 7- 25c Lynch Carrier System (quar.) Lynchburg Foundry, common—, 4*4% preferred (s-a)—— Macassa Mines, ; . preferred 6-15 6-11 Water 1 6- 90c (quar.) preferred York 7 6- 1 St. preferred 4.60% 6% 15c Fund Minnesota 5% Newark 5-31 Mining & Manufacturing— Missouri-Kansas (quar.) —: RR. 2 30c (Walter M.) Co., Ltd Ludlow Mfg.-& Sales (quar.) Luminator-Harrison 7- 6-29 $1.25 Lowney Lunkenhelmer Minneapolis 35c — Co. Sons & Minnesota 5-21 25c (monthly) 30c (reduced) (M.) 8 6-14 6-11 75c - (quar.) $1.75 (quar.) RR. Mortgage Bleachery Minnesota 6- $1.1834 (initial quar.) Title Lowell 5-18 6-14 New 6-15 Co.— 50c (quar.) (quar.) Minneapolis-Honeywell Regulator, 6-30 5-31 6- 5-18 (quar.)_. (quar.) preferred 4*/2% 6-7 1 8 EOC (quar.) (quar.) Elec. 1 7- 2% $2 pfd. (quar.): 6-11 6-10 10% Press Manufacturing, 6-29 6- 20c i common conv. Mining Corp. of Canada Minneapolis Brewing 6-19 6-20 1 $4.50 6-15 1 preferred State 7- 6- $1.50 Corp. Gas preferred preferred 25c (quar.) (quar.) common A prior 3%% dividend)- Omnibus 6-15 37'Ac _ Richmond 6- 6-29 $1.01'A Co._ (stock 6-29 $1 —___ (quar.)___ Zinc RR. (quar.) Chicago & St. Louis RR. York 75c (quar.) $1 Laboratories Miller 5-21 6-30 .,7- 40C (quar.) (quar.) Nashville A Common Co., common 1 50c — common (interim)—. (quar.)—;—.—^—________ Los Angeles Transit Lines (increased) Louisiana Land & Exploration— New 6- 6-20 Y SI 60c 7% ' preferred Louisville Miles 2-18 6-21 t75c (quar.)— preferred (P.) 3-9-57 Class t$l — , (quar.)—._ Corp., Ltd.— Ltd. (quar.)— Cement Lone Star Gas, common Lorillard 11-16 6% New JL (quar.) preferred convertible 25c (quar.) Printing • 8- $2 - ' preferred Miehle $1.12 */2 __ ____ Corp., Abrasive 25c if quar.) Canadian Star 1-10-57 $1 (quar.): Theatres preferred ■ 8-17 10% .. ____— Corp. (quar.) Securities, common Class (Marcus) London Lone 9-10 4% . (monthly) com. Aircraft Inc. Loew's, Loew's 6% $1.10 (quar.) (quar.) preferred 5-18 $1.10 dividend) Pipe, 9 I.)— (stock Joint 8% (R. 6- (quar.). ; Oil Midwest $1.10 (year-end)—. Oil Livingston Local capital 2-18 $1.10 capital (quar.),—,—± original $4.30 3-9-57 50c __ _______ Products, $2 preferred (quar.) 8% preferred (quar.) 50c (quar.) par) Steel Co.— (quar.) (quar.)_ ($100 dividend 9- 7- (quar.) original capital original capital par) Utilities Hone 3% dividend) ($100 Michigan Surety (quar.) Mickelberry's Food Products 8-15 87 Vic (stock ($50 Special guaranteed $4.30 6% preferred 4.50% 8 6-29 9- 87 Vic — (quar.) (quar.) America of • preferred 4.50% 50c (quar.) A common (quar.) preferred Lithium Little class & preferred 4.05% Co.— Stern 4*/a% 10-10 20c Corp., (quar.) Michaels (Washington, D. C.)— (quar.) Lipe-Rollway Corp., Miami Copper Co. 7-10 1 35c Corp. uL--. 4Vi% 8- : 35c Lincoln Service Corp. (quar.) Extra 1 11- 35c Lionel Meyer-Blanke _J 5-18 40c 3.80% Insurance— Life National 2 $1.75 Liggett & Myers Tobacco, 7% pfd. Lilly (Eli) & Co., class B (increased) Lily-Tulip Cup Corp. (quar.) 7- 15c (s-a) (quar.) (quar.)_ (Tenn.) Insurance $2 90c pfd. Holders Payable of Rec. 40c 6- * Lexington Union Station Co., 4% Libby-Owens-Ford Glass (quar.) Share • Telephone & Telegraph (quar.) 7-rl $1.08 3A ; of Company New England 7- $1.11'A (quar.) When Per Name 5-29 20c 20c r— Holders Payable of Rec. 62'Ac 20c - (quar.)__—— : Salt Leverage Fund Holdera Payable of Rec. 15c —- ,__—^ Products Fink & Share + (quar.)——— Cady 53 (2693) 7- 2 6- 8 25c 6-15 6- 1 7- 1 6- 8 10- 1 9- 7 40c 40c 54 The Commercial and Financial Chronicle (2694) Pennsylvania Power <fc Light, com. 4%% 3.35% 4.60% 8 (R. J.) Tobacco, B (increased) 2 6- 8 Class 7- 2 6- 8 4.50% 83 %c 7- 2 $1.15 7- 2 RR. (increased bait Mig. 40c Light & Coke (quar.) 6-29 $2 »— 8 9 7-13 June 6-15 dividend 30, for the net Oil ftancn 25c 10c 6-15 6- 1 7% 1st Permutit Co. 25c 6-11 5-25 7% 2nd preferred preferred (quar.) Pet common 40c 7- 1 6-11 7% 2nd preferred $1.12% 7- 1 6-11 (quar.) 4% % preferred (quar.) Petroleum & Trading, class Peter Paul, Inc. 7%" Inc., . 6-11 6- 6-11 30c Gas Service Petroleum Corp. cents 5 Ricke 5-18 6-11 5-18 * «- 6-20 . 6 from $4. , ordinary 6-19 30c 75c —s. (Charies) 3 '/2 % & preferred Co., (quar.)** common (quar.)__ 35c 5-25 87 %c *—:— '6- 6-29 Robbins preferred 2nd preferred $4 non-cum. 2nd preferred (quar.) $4. non-cum. 2nd (quar.). * Norristown & RR., Trenton & Philadelphia RR. preferred Gold Mills, deposit, Pioneer cents 15 Pioneer net from Natural Piper Aircraft, 45c 1 7.-16 7-15 Gas 7- 12-28 Inc., 26C 6-15 5-31 Stock 33c 6-15 6- 1 25c 6-15 6- 1 2 quar.)** 11 %c 7-15 7- 40c 6-12 53 %c Ry. 3 6- 6-18 6' 6- 8- 6-15 2 6-12 6-25 6- 6- 4 Machine Co. 3 Rico Telephone 6-15 40c 3.8t)%'"preferred 6-29 (quar.)__-*___ *_&—_* 45c Ltd. (quar.) |30c 130c Read Stock Price & Co. (quar.) Bros & Mfg. Prophet Co., Co. Ltd., 4% pfd. (s-a<_ 17 %c 7- 2 preferred A Elec. (quar.) & Gas, 50c 6-10 preference $4.08 $1.25 6-15 6- 45c 6-30 5-31 35c 6-30 5-31 $1.02 common 6-30 (quar.) $4.18 : (quar.) preferred (quar.) $4,30 preferred (quar.) Publication Corp., common voting (quar.)_** Common non-voting (quar.) : 7% 1st preferred (quar.) Corp. Putnam Ltd. From 8% preferred common (quar.) D. Grip & C.) 50c 125C }$1 (quar.) 87 %c Ltd, common 2 6-11 Shakespeare 1 Stock 7- 2 Co. Steel Shattuck 1 4% (quar.) Insulation convertible Corp. .* oreferred Arms Co., Chains A (N. A J.) *1111 A A Shprwin-Wllliams common 7- (interim) (quar.)* B Trading 6-15 (extra)— 7- 1 (quar.) preferred conv. pfdTTquar.) common, B 6- 7- 6-11 Reynolds Metals, common 4%% series A preferred 7 7-22 6-30 6-15 6-30 6-15 6- 7 5-16 100% 7- 3 6-12 100% 7- 6-20 *11 3 6-12 25c quar.) 7- 3 6-12 25c 7- 3 6-12 12 %c (quar.) Canada, (quar.)** 7- 1 6-21 593/eC 8- 1 7-23 Ltd. Power basis each be of share called $115 Class 5-25 6-29 6-21 7-10 6-21 6-15 6- 1 $1.12% 6-15 6- 6-21 Co., 6- 5-25 1 6-6 $2.50 7- 2 5-25 7- 1 7- 1 15c 7- 1 6-15 6- for 6-15 1 6-15 6-15 6-15 6-15 5-25 6- 4 5-23 6-30 6-15 5-25 6-20 5-31 6-15 7-2 6-1 2 6- 6- 4 6 6 • 5- 6-11 5-31 6-9 6-1 6-15 7- 3 6-15 6- 1 6-8 6- 1 25c 6-15 5-31 6-15 Ltd., 5-31 6-15 5-31 20c 7- 3 6-11 20c 7- 3 6-11 6-30 5-31 A B Simmons (quar.) Sinclair 61%c 6- 7-27 6-28 6-11 5- 8 15c 6-11 5- 6 6-15 6- 1 tsoc Smith (A. (quar.)* E ■. common Corp.— (increased 75 preferred (Detroit)— Oil of Co. ciivdend $6.25 7- 2 - 6-15 * no Oil Standard Stock Co. (New (Ohio), preferred Power 6-15 6- 1 $15C ji5C 7. 7. 3 3 5.3! 5.31 6-19' 6-25 6-25 75c 6-8 5-10 ( capi- 100% 6-18 5-21'" 35c 6-11 5-10- 50c 6-11 5-29 (quar.)** 20c ; (increased quar.) class to SEC B33/4c preferred preferred A 7-16 6-29* 7-35 6-30 ;30c 7-15 6-30 25c 7- 2 6-11 5-21 6-15 6- 17%b 6-15 6-1 '37'/2c 6-15 6- 1- 37%c 6-15 6- 1 _ ___ - " *•;- - (quar.)*** Bros. 9-1* $1.25 12-31 12-14 Aluminum Stern & Stern Textiles, 25c Baer & Fuller, pfd. common (quar.)*** 2 6-11 6- 9 ' 433/4C 6- 8 5-25 - 8 1 5-18 5-25 6-29 6-15 Mills, class A -(quar.) 5c 6- 9 5-28 (quar.)*:— B 5c 6-9 5-28 8tokely-Van Camp, * common 5% convertible (quar.) 25c prior preferred (quar.) 5% second Webster, (S.) & (quar.)** Inc Co. B Mining Portland 6-15 1 6-15 6- 1 6- 4 10c __ 6-15 6-15 "6-29 37%c =. 5c (quar.) 31%c $1.25 .- 25c Tool Mid-Continental Biscuits. 6-15 1 7- 50c (quar.)** (Calif.) 1 7- 40c (quar.-)**^**: Co. 7- 25c 25c , preferred Shop, Inc., new common (initial) Broadcasting, common (quar.)**. Sunshine 6- 7- 30c preferred Stonecutter Superior 6-15 50c - * 6-15 5-16 6- 56c (quar.)_i 2 25c (quar.) 4%% 7- 6-15 25c Products (quar.) . 50c * (quar.) Sterling 1st 8-15 9-28 ^ Stores Stewart-Warner 6-29 $1.25 • (quar.)—•_ Sons .* . $1.25 preferred (quar.)— & 1* < (quar. )__•__ Bros, 6-18 15c 17%c * A (quar.) (quar.) 5% Steinway Sunshine 6-29 5-18 '" "40c (quar.)*^ preferred Sunray 7-15 Surplus) 5% Class 5-18 - dlvi- approval) Stecher-Traung Lithograph Corp.— & 6-25 * State Fuel Supply (quar.)^.— State Loan & Finance Corp., class 'Class B (quar.) conv. 5-14 b-11 - capital preferred 5-29' 6-11 (s-a>_______—$30c A • of 6-11 - 62%c * Shares : Corp.— (out 50c Corp. Standard subject Lid., , * held) (quar.) Light to (s-a) Special Stop 1 7-10 (quar.)_____ share of Jersey)*** com. A payment B & 5-15 20% & changed Stariflelds, Stoook 6-19. - 6-29 dividend Standard Stone 6- 6-29 6-15 7-10 ' Oil . 6-15 5-25' 15c (quar.)**** _____ Standard Class . ^ 50c 87%c - 5 18%c value Kentucky 7% 6 6- 8%c for each share of par Co., Stix, 0- ' additional Oil Sterchl 6-8 1 5-24' 4 . »' ! California Standard 5% 6- 6-20 - (Indiana) 6% 7- 2 25c (quar.) Co. f 6- 1 6-14 6- 1 6-15 6- 1 7- 2 6-20 6- 5-10 9 pfd. 8 7 5-4 6-30 35c (quar.)** 6- 5- 6-5 10c ; (quar.)* $1.40 6-20 6-20 $1 (quar.) Ltd., - 30c (quar.)** com. (quar.)* (reduced^ Cement 6-14 - 25c Oil, Inc. Superior Propane, 6-19 6-11 6-1 « 5-25 Sylvania Electric 2 6-15 50c Quarterly 710- 1 8-31 50c Company $35c 1-1-57 11-30 50c 7-1 6-8 Products, Inc.— 5-15 6_15 5_15 6-13 5-14 6- 5 4-27 30c 6-20 6- 4 70c 8- 6-18 5% 62%c 7- 1 6-15 5%% preferred (quar.) 683/4c 7- 1 6-15 5%% preferred (quar.) 71 %c 7-1 6-15 Common (quar.) Paper Mills Ltd. 1 (quar.)** J25c 7-31 6-29 Smith, Kline & French Laboratories******** 35c 6-29 6-13 " i " z. $4 preferred (quar.) Sylvanite Gold Mines, Sutherland Syracuse $1 Ltd. Paper Supply (s-a) * (quar.) Talcott Corp (Howard) 6-15 45c *_ 5-18 50c (quar.) (quar.) 5-25 6-15 75c (increased) 6-12 90c $12%c Steel ' - 6-15 2 (quar.) Oil 6% 9-14, 7- quar.) (An value par stock Starrett 5-29 - Standard end 6-14 45c Holding Corp., class A Standard Class " '12- 3 50c B (Namo 8-15 12-14 1 15c Standard '3%%- 5-25 10- 94c (quar.)** Factors Common • 6-15 '7-2, 4 $1.75 : * Standard Extra 5-25 $1.06l/4 (quar:)**** Standard Accident Insurance Co. tal 6-19 / 70c & Ltd. O.) A Standard Brands, $3.50 preferred Stock 6- 6-15 30c (A. E.) Mfg., common preferred (quar.)_*_____ cents 6-29 30c — (quar.) (quar.)** Class 5-11 Co.— Swift & 1 Singer Mfg. Co. (quar.) Skelly Oil Co. (quar.) Skil Corp. (quar.) Smith Water Sun Oil (quar.). Sundstrand Machine 8 15c Co. Oil City Quarterly t 9 7-2; > 30c (auar.)__*__ preferred $3.75 6-1 5-21 6- 25c ^ preferred Staley 20c ;* 6-1' 6-15 6-5* 20c (quar.) 7-20 / 6-15 $1.50 $1.37% Strawbridge & Clothier, $5 pfd. (quar.) 8 (quar.) Simmonds Saw Simpsons, 7% t$l 1 30c Electric 4%% 8- (quar.) Springfield Fire & Marine Insurance > . Class 27%c — Springfield Stuart shares * Sprague 7-20 7-20 $1.12% RR. 7-20 1 $1.12% Quarterly Storer preferred common International 8- 8- 1 (quar) preferred »(quar.) Quarterly 5-31 6-15 $1.12% $1.15 (quar.) common Stedman 6-13 $20c 5% preferred (quar.) Silverwood Dairies. Ltd.— $4.50 7 6- Inc.; 7-20 7-20 8-1" 27%c V (quar.)* par) 1 8-1' ; $1.10 (quar.) ($25 preferred Spokane 1 6-22 6- $1.12% (quar.) $4.50 6- 1 7- preferred preferred 8- $1.06% . ___— $1.12% : (quar.) Spiegel, 5-25 5-25 . J25c (quar.) (quar.) Sperry-Rand Corp., common 6-11 6-15 t$1.75 redemption on June plus this dividend) 7-20 preferred 1 7-20 conv. pfd. (quaf.) Spear & Co., $5.50 preferred (quar.)*** Spencer Kellogg & Sons, Inc. tquar.) 6-15 t30c new 1 8-1 6-11 J12Vic Unexchanged 8- (quar.) Sparks-Withington Co., 6% 5-25 6% 2.3 .shares 92'/2c 97%c $1.03 3/4 6- 7 6-15 7- 2 f r (quar.) preferred ($25 par) (quar.)* Sovereign Life Assurance Co.. ctfs. (s-a)— ' • 7- 9 ' ' (quar.) 1 5c (quar.)** preferred v - . 7-13 ' 4.40% 6-21 7-10 * 40c preferred 4.36% 6-15 7-10 $1.183/4 (Dallas) 4.40%/preferred 5-25 Ltd.— (quar.) held. share per B Class 2 12 %c (initial the Silknit, 6-15 25c 7-18 25c of Sigma Mines. Ltd. Signal Oil & Gas, class A ; 12-14 6-26 6-21 5% (initial quar.) class 1-1-57 62 %c (quar.) at 9-14 31 %c Revlon, Inc., common (stock dividend) Common, class B (stock dividend) New common Pacific for 9-14 1 $1 (quar.) Co. 1 50c ,, Resistoflex Corp., com. (stock dividend) 5% preferred A (quar.) Drug 1 10- $28c (quar.) Republic Aviation Corp Republic Pictures Corp., $1 Republic Steel 7- 10- $5c 1 6-12 6-12 9d (increased)** Co. Breweries, on 6-15 $5c $27c (quar.) 8- preferred (be¬ ing exchanged for $2.44 preferred series A 6-15 $28c $1 5-18 45c (quar.) America, common preferred A (quar.) will (quar.)*. 7-18 t56%c of Sierra 5-15 " — preferred Corp. Sicks 5-18 6-15 1 l"50c *— $4.50 preferred B (quar.) : $4.50 preferred C (quar.) Shulton, Inc., class A (initial quar.) Class B (quar.)** 5-18 6-15 $5c (Canada), Ltd. Products 6-21 $2.25 8- 10c (quar.)*: Shoe 20c I 6-11 85c 12 %c Shirrifr-Horsey Corp., Ltd. 6-18 ' 1 75c 6-15 1 6- 30c 5-24 7- 6-10 6-11 5c (quar.) 2 87% c 6-15 1 6-14 1 25c 7- 7-12 5 5-31 1 5c 5-18 6- 6-15 2s 6-12 6- 6-8 6- Insur. (initial) 4.25% 6-12 7-2 5% & 9 6-15 6-22 6dc 22c * 3 6-15 $1.10 50c 6- 15C 7-10 25c Co. 7- 30c 12- 1 7-17 7- 1 $1.25 * A Sherman 1 12-15 (quar.) (quar.) Sherer-Gillett 6- 3.70% 1- 30c 1 (quar.) Transport $4.50 (quar.) (quar.) Angeles) * 4.15% 9-1 7- 6-12 6-20 f $1.12 7- 6-15 9-15 (quar.) 5-31 6-15 6- 15c 6-15 6-30 " 31 %c (Los Mfg. Corp. (quar.) Shepard-Niles Crane & Hoist 6-30 6-,l 6-15 IOC common common* preferred Final (Wash., 6-29 6-15 12%c Sheller 7% 7-25 ,, 1 6-15 25c (quar.)**. 5-31 1 6- 12%c (quar.)** (Frank Oil Shell 6-11 50c 25c * (quar.) 50c common (quar.) (quar.) preferred 4%% 1 10c 5-23 ' 25c * preferred Denn Shattuck 6-10 25c 7- 2 25c Mining G.) (quar.)* Shawinigan Water & Power Co.— 5-25 25c 6- 8 '6-15 15c ;— 6- 85c '"75c "$1.25 $1.25 50c (quar.) 5-18 45c (quar.)**. 6-12 3 6-1 25c " (quar.)__ Corp. of America Sharon 5-31 :6- 7- $20c dividend 35c (quar.) Extra New 7- 6-20 7-1 25c 6-15 t25c Extra Rexall Servo 6- 6- 1 6-1 (quar.)— -— preferred $$1.50 4%% preferred (s-a) Renabie Mines. Ltd. 4% 6-11 6-28 7- 2 6-1 ' common class , 3.90%-preferred 6-30 5-31 (quar.) (quar.) 2 1 7-10 Life common Southwestern Public Service— 6-20 1 .„ (quar.)— Inc. A B 7- 7- New 6-15 • 6-29 7- 1 — preferred Corp., 6- 6-15 8 Southwestern 4.60% *— 75c (quar.) Manufacturing, Remington Class class 6-20 Shell (s-a) Refractory & Reliance Class 5% Serrick 5c Inc. (quar.) 4% non-cum. 1st pfd. 2nd preferred (quar.)* Estate Title Insurance Co. Class 5-31 6-15 6-29 6- 6-29 25c 4 * 25c Batten, Packing Re no J d 6-14 25c 10c (quar.)** common * Inc. prior 2 6* '= 6-11 5-18 20c Insurance 10c preferred 4%% 4%% ' 6-15 ■ 7- 2 $1.25 5% preferred (quar.) Security Titlp Insurance Co. 5-31 7- 2 $1.12% $50c common (quar.) Rubber, 6-15 6-1 35c (quar.) Acceptance, Seiberling 6-30 30c Reed Roller Bit (quar.)* Reeves Bros., Inc 1 5 $2 Reading Co., > 5 6- 6-15 10c Raybestos-Manhattan, Real 6- 6-15 Class Extra 4% 6-15 75c (quar.) ! $3.50 conv. 1st preferred Ralston Purina (quar.) Rath 8 20c Rapid Electrotype 6% 6- $1.75 Radio Condenser Co. (quar.) Radio Corp. of America— » 6-23 Securities 27c $1.25 (quar.)*: 6- 4 $1.25 & Co. Lines, I (quar.) 1* 6-12 , Second United Cities Realty Corp.— Series B 5% preferred (accumulative)*— 8 $1.18% Quaker City Fire & Marine Insurance (quar.) Quaker State Oil Refining Quebec Telephone Co., 5% pfd. (quar.) Quemont Mining, Ltd Rapid 6- 50C (quar.) Co., Seatrain 6-20 6-15 25c (quar.) Corp. 1 :■ 50c $1.25 Co., 4%% Bros., Roebuck Sears, 5-31 6-23 Power Seaman 5-31 50c (George) Fund of Boston— investment income Pyle-National 6-30 6-30 (quar.) Sealed 5-31 $1.75 7% original preferred (quar.)* Publicker Industries, Inc., $4.75 pfd. Pullman, Inc. (quar.) i Purex $1.04% „ 1 «-15 7- $1.50 6-15 .__*__* $5 preferred (quar.)* Seaboard Oil Co. (quar.)*; Farms I 6-1 6-15 (quar.)**. common Co. 1 7- 2 —* Finance, 7- '* 10c ^ 7- 2 y. Ry., Works, preferred Seabrook (quar.) preferred $4.75 common r $1.07 60c (quar.) Lace Seaboard 6- * $1.16% 50c Scranton 5-21 ' $1.40 1 5-31>* 6-9 (quar.) $1.07% (quar.) preferred Williams & * 6-11 $1' (quar.) Milling, Ltd.*** preferred 6-15 50c (s-a) preferred $1 Marine preferred $1.25 8-15 preferred (quar.) Water 8-15" 5-15 0-14 4.28% 2'/2% Extra 6-15 preferred (quar.) Public Service Co. of New Mexico— ' $4 Scott Co.— $2 ' $3.40 6-15 6-29 15c Insurance 6- Jose '-62%c 1 4.65% (quar.) common Francisco Corp. Scott Paper Co.,* 5-11 1 1st Carlos /; 5-15 9-14 6-15 — Schwitzer 6-15 7- —. (quar.) Bridge, Ltd Schlage Lock (quar.) 6-22 +$2 (quar.) Washington Public Service 6-15 6-30 7-10 (quar.) (quar.)_— & 6-15 6-22 5-22 (quar.) Sarnia 6-5 25c (quar.) Providence, $4.40 5-11 7- 10% dividend Progress '.*5% 1 6-15 ' River, Fire 6-15 * Electric— & 5-28 ' f " 6-22 $1 Corp., Ltd. San preferred * 7 6-15 7-16 $1 < 7- 2 6-18 • 50c (quar.)***. Southwestern Gas ' V, ;62j/bc . . 5-31 6- 8 (stock dividend)— Inc. Inc., preferred Paul San 5-29 - pfd. Products Lawrence San 5-25 6-28 ■' 5% 25% Lead Louis, 5% 1 27 %c — 6- 1 6-11 :> V 8-' "7-13 25c Joseph Light & Power, com. (quar.) 5% preferred "A" (quar.)— St. " (quar.) Joseph s* 6- ' 25c preferred (quar.) 5% preferred (quar.)^ 6-20 6-29 (quar.) (quar.) 7-26 ^6-15" - 1 8- 75c.* •. Gas," 6-,5." 'l - 5- * 6-30 25c - 1 Natural - 5. 6-13 24c , old common Inc. 6 ' - (Initial) preferred 40c ; Southwestern Elec. Service 5% 5-24 7- i____ Steel St. 5-21 20c (s-a) 7- 6% 6-28 (quar.) (quar. l preferred St. 6-20 $2.50 6- 1. / t St. 5-18 40c (s-a) Potomac Electric Power, common (quar.)* Powell 8 t50c RR. St. 5-25 50c (quar.)**** Southwest 12%% (final) (s-a) Stores, Safway 4 6-21 11-16 Co.— (quar.) Paper Mills, 6- 6- 7^10 45c' (quar.)_*^. Royalty Southland 6-30/ 25c $1.20 non-cum. Southland • * 40c 4%% preferred 4% 1 6-20 5-18 5-18 . . divider^ 4.30% 1 6-18 - 6-15 8teel_*—*_*_*___*__..i—. Royalty Safeway 8 10c ______ Pocahontas Fuel Pratt 7- 6- 50c Adams Development, Ltd. Plymouth Oil (quar.) (H. K.) 2 5-19: 6-10 6"-14" 8 6-14: 27c- - preferred (quar.) : 5% non-cum. prefefred (quar.) Southern Utah Power, 5% .pfd. (quar.) 6-18 -6- 5 $$1.06% (quar.) Car Heating & Lighting Co.— Name changed to Safety Industries, Inc.— Quarterly 1 7- • Ry. Co., 6-28 v • 6- - (qoar.) : 6-14 $1.75" (quar.)* Co. common 5% 12-18 (quar. Aeronautical Stock 4 55c Placer Porter 66- 40c North Porter-Cable 6-12 6-14 60c —*_ (quftr.); New Safety 6-20 . 2% Pittsburgh & West Virginia & 2 30c : Pittsburgh Plate Glass Pittsburgh Screw & Bolt Pittsfield 7- 30c $1.75 (quar.) Co. (Jaeob) Sabine 5-28 (quar.)***. $1.75 Metallurgical dividend Southern 2 % (increased quar./*— Ryerson & Haynes, (quar.) preferred (quar.) Pittsburgh 6-20 5-26 •'> 6-10 50c - Engineering Electric Ruppert income (quar.) common Southern 35c O.) Rotary 12-28 (quar.) convertible preferred Production preferred 6- 1^ 55c deposit receipts ordinary Corp. (J. Ruberold Common *• Ross 2 $0,111 (increased Power Paciiic Nevada 4.80% 6-15 $1.19-; -7- 1 Cable Ronson 5-31 7-16 pfd. Paper, Ltd., 4'/4% American 6-15 6-30 $1 investment Southern 7-2- -.4 6-30 (quar.) 6- 8 5-23 v 6-12 j. t- 6-12 6-22" 7"- 2 - (quar.) V ; * 6-12 *16-12 .7- 2 " pfd. Electric— & (quar.') preferred 6-15 -f? ' Gas 6;v ; 60c 1 7% 1 5-28 \ * Gas ... : — Common 4.80% $2 (quar.) Rolls-Royce, Ltd.— 7-16 1 Axle & dividend Stock Rolland 6-28 8- (quar.) preferred B (quar.)— •Pittsburgh Consolidation Coal Co. Pittsburgh Forgings (increased) Pittsburgh, Ft. Wayne & Chicago Ry.— Porto 7-15 Spring — Process, 6- • 40c 1 . 6- 1;, 6- 1. -6- 6-14 7-2 7-2 *7- 2 . . 145c Co.— 6-29 6-29"'., 50c i 2 (quar.)___—_*: Southern Natural -6-30 7- 2 25c dividend Stock 6-15 2 12'/a C 4%% , 7- 8- long-term capital gains) common Pitney-Bowes, 7% Rockwell 4 ' 3c 'v 6-11 6- Ryan from cents 6- 5 * 6- 5; 6-8 Southern $20c —: Power— & 6-29 2 Rome ordinary for Light 7-10 Fund— (11 and ; rets, 6- 9 (s-a)—L+. (quar.)i Ages *\ 6- 5 57%c 62%c: (quai.)2— Indiana 6^15 • -6-15 6-20 " 56V4c common; Edison Co. Southern 6-20 (quar.)*. Valley RR. Genessee & com. 4.75% Johnson & Associates Ltd.— Amer. of Ltd., Co., preferred (quar.) Rockwell Manufacturing (quar.) $10c preferred $4 Rock $1 Ltd Mines, Rochester 4 Co.— i Crow 4 & preferred Franklin 80c * 4.32% Southern Southern 34%c - — (quar.) ^ Robinson 97 %c Telephone 37y2c A*_ 5-18 7- 75C (quar.) Distance Co. class ; - 1— Ltd* -(quar. preferred • 6-15 . 8Vic (quar.)— common 4 6- 6-12 33 %C (quar.)**** Long —**__. (quar.) H.) C.), Little 7 6- 6-30 (H (J. 6- 6-30 20c (quar.) common preferred 12- 1-1-57 30C Quarterly Pillsbury $1 $2.50 (quar.) Transportation Morris, Inc., 3.90% pre) erred Pinchin Robinson Rockland common (reduced)—__ preferred A (quar.) Philip Pickle Robertson 9- 7 $1.50 Philadelphia 4% 6- 8 1 Controls, (quar.) Co.," California 7- 6 - * : 25c * 9 6-20 - 50c Sugar, 8- 7 1 rPhilco Corp., Philippine 1 Co. Quarterly 3%% 7- 10- 25c (quar.) common Germantown Ro'oejt-Fulton 45c preferred (quar.) Electric, common preference 5-21 5>/a % $4 non-cum. SI 8 75c __ Phila., 6- $1 Phelps Dodge (quar.) Philadelphia Dairy Products— Philadelphia 6--8 $1 —— 50c 37%c * commoii__*< (qr.ar.)*_*„'_____*-*-__-___ .preferred Southam ' Gas, (quar.) Rico Porto 8 %- Original 8- I " Oil Southern -6--6 ' & (quar.)**: preferred Penn- South 2 . . . ( Electric 4.60% preferred (quar.) — 5%> preferred (quar.)*2*__**,—k South 6--1; 6-15 * f 30c - ," (quar.) common participating preferred Participating^'*——______ 6-29 $1 - (quar.) V • *_ ■* 300 ' (quar./ 6-11 •/ - 4.50% , •' - 6-14 . 6-5-zrf 61c "\ Myers, 10c Carolina 5-25' 5-7.. 6-29 15c , 0-15 5-15 : 31 %c 383p»c ——. (quar.) (reduced)—*__*^— Co. Mfg. Scut* 6-29 —$1 . $1.50 8 • 4% f V (quar.) —:— 7- 1 * 10- 1B-lo 10- 16-15 7c common preferred 5-25 5-7; 6- . 2oc, South American Gold & Platinum Co. (quar.) &"ia *6-15 ' < •> ' Corp., preferred *1.55 Soss 20c / shares & $1.25 _*_! 5-25', 6-12' 6- 9: 6-18 - 60c 25% a— —:*_'*»_* -Products'1' Sonoco 6- 8 4UC (quar.)*., Holders Payable of Ree. 30c iquar.i* dividend Stock . Sonotone 6-15 30c ,*:—'-T-' Mills Rice o - - Tools When Share • Co. Morgan) Socony-Mobil Oil • 2c $1/75 75c — (S. Snap-On n / fl-'S :——- Antelope Copper Mines, Ltd.— American 5-18 6- 4**.,;,... ■*,)—- iquar.).. c Smith 6- 8 5-10 i $1.75 $1,75<. (quar.)—- (quar.) 1 A — *_ Brand Roan *5-18 9 6-15 v ' Pfizer Co. f \ r - (quar.—**< *—w Products ___.t___.__*-*•./.■ preferred River net income and'* capital gains) » / 1st preferred - .... Paper Rh.ter Exploration • • -,*•». one (quar.)——-r—' Riegel Textile Corp.,* common (quar,).:**'—* of America from realized cents Petroleum 17c (quar.)__. Oil Metal Riegel ' Petrolane (26 Richfield 4 25c 50c tinterim)-*** A (quar.) '.'/' *• % 7- 2 6-10 . Per Name of Company - 5-15 , (auar.). Rice-Stix, _*— Milk, of — — ' ■ 90c " 40c shilling three pence per snare. R4ce Pepsi-Cola Co. (quar./__. — Pepsi-Cola Bottling Co. of Long Island— Quarterly M year n~ r « ending payment A 6- 5 8Jc * 1956. interim An 6-20 6-30 . preferred '(quar.) preferred (quar.) Rheem Manufacturing Co., com. (reduced). Rhodesian Selection Trust, Ltd.— > 1 6- 80c - Bolton Payable of-Bee. Share (increased) com. When per 3.60% 5-31 -6-15 50c , 8 5- 6-1V 35c quar.)_ (quar.)—«*.__**i— (quar.) 6" 6- * — / Reynolds 7- — Pennsylvania Peoples Gas, 6- $1.10 Pennsylvania Peoples Drug Stores 7- 2 $1.12% preferred (quar./ preferred. (quar./ preferred (quar./ preferred (quar.) 4.40% • . Name of Company Payable of Rec. 60c (quar.)— Holders When Per Share Name of Company Monday, June 4, 1956 ... (James), Inc., common (quar.) preferred (quar.) 7- 1 g. 8 t4c 7- 3 4-21 50c 6-15 6-11 15c 6-11 5-31 30c 7- 6-15 1 Volume • Number 5539 183 . . The Commercial and Financial Chronicle . (2695) When Per Name of Company Share Holaert Per Payable of Rec. t Taylor, Pearson & Tecumseh Products Teiechrome Mfg., Carson 2nd pfd. Georgia 4.65% " •"'4.90% preferred 5.10% preferred preferred preferred preferred Co. —1 Gas Transmission, Natural Pacific Power $1 - preferred $4.84 & United 7- 2 6- U. 7-2 6-8 7- 6-"8 2 2 7- 2 7- 2 7- ' tquar.) """ Textiles^ 4% Inc., Oil 4% (quar.)™. (quar.) The Fair (quar.) Thermoid Co. —__ —: 4% preferred Thrift 60 ...... A Tide Water Associated 6-30 (quar.)__ r,i,:6-15 6-30 (quar.)____ pfd. Inc. 6-30 (stock Timken Title Roller . & Co. Tobin Todd Shipyards Toronto Trusts Class B 4%% Travelers Treesweet Trinidad Trinity Products, $1.25 Leaseholds pfd. 6- 6-15 , Truax-Traer $2.80 RR. (quar,) , Coal, (quar.) L_ Century-Fox Disc Clutch Union 6-30 Union Electric Common 6- 5-25 r- , ! /shares • share (one Co. of held) each preferred Gas Co. Union Gas 5% of Metal United Oil Union Mfg. Elastic Union & Union Co. RR. Stockyards (Omaha) (San Ltd. Inc. Amusement, B (s-a) 4%% Board United Can Series • United A & & United-Carr United class A Glass, Co. ! : Gas Co. New Screw JerseV & U. U. S. RR. Bolt, Foil Class 7% U. Tile U. Co., B i Gypsum Co., U. S. U. S. S. 7 6-15 fC5-31 8- "it 1 6-11 25c 6- 7-13 7- 8 Life • ~1. Lines 4y2 % Co. (N. Western 6-15 6-20 7-20 7-10 6-15 5-31 B 7- 2 66- 7- 35c 6-14 6- 6- 8 2 6-12 5-14 8-20 7-27 7- 6- White convertible Motor 514 % Co., preferred 2 ^ 5 5-22 ^6-20 5 \J>- 6-20 6-13 60c 6-29 --£6-18 5 50c -sf 7-18 (initial quar.)_ (quar.) 25c 7- 6- 5 6-28 6 7- 6 7- 6-21 1 ^6-21 6"2i >•'"6- 6-15 40c 7- r 2 7- 2 6-20 6- 1 6 6- i "6- 1 7- 2 — 10- 1 5% 6- 1 dividend) __ common 7- 2 100% 6- 5 8 4 Net 6-15 6- 7- 2 2 6- 1 6-15 6- 6- 6- 5 -•—5-25 37 %C 6- 8 22 %C 7- 1 5c 7- 6 6-20 7- 6 (quar.)__ 10- 1 9-10 —V. 6-25 6-11 2 7- 2 6-11 7- 2 6-15 6- 4 5-11 8- 1 7-13 8- 1 - 7-13 6-10 5-31 5-31 6-22 6- 1 1 8 6-17 4 7- 1 6-20 7- 1 6-20 6-15 6- 9,286,000 9,613,000 7,242,000 22.964,000 21,326,000 20,545,000 j. Ll 1956—4 Wks.—1955 1956—20 Wks.—1955 $151,344,252 $152,089,248 $736,282,616 $737,553,999 183, 2296. p. St. Louis-San Francisco The 1 $1.25 6-15 6- 8-20 has of Ry.—Proposed Exchange Offer to 50-year 5% no-par its $100 stock common 5% applied the ICC for authority to issue $61,debentures, series A, and 154,000 shares of its exchange for 616,000 outstanding shares of series A preferred stock. company 600,000 par in Holders of each share of the series A preferred would be offered, voluntary basis, $100 of debentures and one-quarter share of common stock, the company said. The purpose of the exchange is to on 6-10 7- 5,351,000 1 t7%c $1.43% 3,494,000 2135. P. Sales 7- $3.27 12.593,000 Safeway Stores, Inc. (& Subs.)—Current Sales Off—^ 0-11 6- 499,427 $1.81 5,144,000 Period End. May 19— 6-26 6-15 513,416 13,107,000 - a take advantage deductible in ments the on income fact taxes, the the on taxes, be paid debentures while from dividend the said. total preferred saving payments income must company dividends tax the interest Federal preferred Assuming all common, net ) $3,080,000 holders would are pay¬ road's yearly, accept the provide about the announce¬ new debentures $1,300,000 extra a to be applied to dividend payments on the common stock, it said. if such an exchange had been carried out, earn¬ per common share would have been $4.50 instead of $4.16, even year In the present preferred said. and of computing after Current ment 1955, for example, ings with the extra common said.—V. company 183, sares p. proposed in the offer figured 2296. in, the ;• 7-30 6-11 1 5-18 12 %c 8- 1 7-13 12 %C 11- 1 10-11 $1.06% 1 6-18 6-29 6-15 $1.50 7-31 7-16 25c 6-20 6- 7- 7- St. Louis Southwestern Ry.—Earnings— Period End. April 30— Railway 1956—Month—1955 revenue.„ $5,788,751 Railway oper. expenses.- 3,518,754 oper. 1956—4 Months—1955 $5,516,288 $23,327,114 $20,846,606 3,117,979 14,058,205 12,445,442 6-15 6c (quar.) series) (quar.) & $1.12% — Light 6-15 5-31 6-15 5-31 $1.20 com. 6-15 5-31 6-20 7- (quar.) 2 6-11 17 %c ■'— 6-15 5-31 25c 6-15 6- 20c 6- 5-18 4 6-11 5-29 35c 6-15 1 6-15 6-15 5-31 (a stock dividend redeemable 6-15 5 5-15 8 <F. W.) & Co., preference (s-a) $9,268,909 $8,401,164 856,597 3,901,095 3,133,210 Water Works—Earnings Higher— Net 1956 expenses, operating taxes and revenue. $3,254,044 2,480,240 2,259,318 $1,060,427 depreciation 1955 $3,540,667 30— revenue $994,725 4,711 9,024 $1,065,138 Non-operjiting income Balance Interest, etc., deductionsNet $1,003,750 258,023 303,480 income on $761,658 62,208 $745,727 70,740 $699,4|50 $674,987 30,000 preferred st<)ck Balance available for common stock- 30,000 Shares outstanding: 4 3/4 % preferred, series A 40c (quar.) $2,398,309 929,881 inc— Months Ended April 12 Operating Operating Dividends 6-30 Iron $2,269,997 ry. oper. pfd. 6- (quar.) Co. (quar.) Lothrop, common preferred (quar.) from 5-31 7- 12 %c Governor rev. railway oper. 183, p. 2227. 5 22 %c $1.25 B —V. 5-31 30c (quar.) (quar.) com. Net Net San Jose $1.10 (quar.) class 2 $1.12% (quar.). of 8 Co.— (quar.) (quar.) Newspaper Machinery Corp. (quar.)—' (Alan) Steel Co., common (quar.) Woolworth assets 182, 1954 $3.82 working capital Total —V. 2 37 %c 6% Net r 7- 6-15 528,347 liabilities 7-16 30c & ™|-18 Current 6-20 for each share held) Wood ley Petroleum (quar.) 5% • 7 1955 14,430,000 assets 8 Q- $1.25 (s-a) Conversion Woodward and 1655. p. $56,997,000 $39,186,000 $44,115,000 2,023,000 931,000 1,638,000 share per Current 1 6-15 — outstanding at end of year_ Earned 5-25 6-15 earnings . 8 9-14 75c Woodward 180, Earnings Rise— 1956 sales Shares 6-15 7- 75c Oil 6-15 j Rome Cable Corp.—Sales and 6- Power Co.— preferred "^5-25 Youngstown, Ohio.—V. r ■ April 1, 1956, through CoughRn & Co., Denver, Colo.; Bache & Co., Milwaukee, Wis., and 6- $1.06% (quar.) preferred share Co., Pa.; Zahner & Co., Kansas City, Mo.—The bonds bear interest ranging from 3V2% to 4%, depending upon maturity. 6-15 $1.31 V* Electric preferred one Carbon Limestone Years Ended March 31— 67 %c (quar.)— (quar.) Woods Manufacturing Ltd. of The of Manufacturing Co., Pittsburgh, Corp., Ltd., Toronto, Ont., Canada; \ Net $1 (monthly)— Hydro prefeired and Corp.; Rockwell Youngstown Sheet & Tube Co., 6-29 85c (quar.) Wolyerine Insurance Co., class A Wood The Film Power— (1897 Wol| & Dessauer Co. Wood director a Development 12-15 35c (quar.) common Wisconsin Public Service, Wood also Ohio; 9-15 1-1-57 20c (quar.)—_ com. (quar.) Power Wiser of director & 6-15 25c Michigan " 30C quar.) •• 1 1 50c ; quar.) Co., common (quar.) (quar.) preferred (quar.).— 4.80% is director Del.; International, N. V. Transoceanic 8 6- 7- $7%c (quar.) preferred ' Dilworth and Aniline accrued interest from Woodward $1.75 quar.) Mr. General Com¬ 1 30c & Vi % Mavibel President Wilmington, of Executive 1 6-10 60c (quar.) 4.40% 4 of Inc.; of Corp. Committee the 6-18 35c (quar.) Wisconsin 5 Finance of 2 40c Common Wisconsin Lipton, Commercial the \ member and 7- 40c Willcox & Gibbs Sewing Machine Co.— 5% convertible preferred A (s-a) Wisconsin of directors. director a J. 5-25 6-20 6-12 elected 6- 1 preferred been Thomas 6- * 7- 6% \ 2 20c Wisconsin Electric * . 2 6-11 ?■* 5-15 Stores payment Corporation and Youngstown, 5-25 6 $4.25 corrected 7- , 6- Co. The here. 7- 8 15c Wilson indicated $800,000 direct obligation serial notes, series 1956, dated April 1, 1956, and due serially 1957-1971, in¬ clusive, was offered publicly late in May, at 100% and 5 6- t30c preferred B Is 6-20 7- 6-13 Oil incorrect. was date Roman Catholic Bishop of The Diocese of Reno, Nev. (The Most Reverend Robert J. Dwyer)—Notes Offered—. 6- convertible .. An issue of 7- Wilcox Non«t 6-15 6-15 5% r tax. source. 6-15 40c (quar.) preferred the 6-15 10c preferred at 7%. 1 50c $4.25 tax 1 Paper (quar.) Wickes Corp. (quar.) 6% 1 . ' 7- $1.50 (s-a) quar.) common have of 8 Whitney Blake Stores, ; non-residents , tax. date record 7 20e (quar.) common , dividend. 7- 25c preferred this 7-16 50c (quar.) 4% published director and 6-15 50c (quar.) 414% (see name) tax. Budinger is also member $1.25 Whirlpool-Seeger Corp., new for resident income and/or International 5-11 7- 14c Timber closed income Jamaica Co., Mr. $1.25 3 7-10 6- & (from invest¬ — Lake Erie RR., preferred (quar.) Corp. Col. W. F. Rockwell, Board Chairman, announced on May 28 that M, Budinger, Vice-President, Director, and Chairman of the Advisory Committee of Bankers Trust Co., New York, and J. Richard¬ son Dilworth, partner in the investment banking firm of Kuhn, Loeb 5-25 50c (quar.) 2 Weyerhaeuser . John 4 6-11 15c Wheeling & ■ Rockwell Spring & Axle Co.—New Directors— 4 6-20 75c common (increased 5^25 3 Investment News 6-11 10c 35c rr7-:+ Utilities Class 6-15 7- 25c (quar.) (quar.) (quar.) Weyenberg Shoe Mfg. I- 8 * >. 25c (quar.) (Increased not General (Geo.), Ltd.— A 7-3 6-28 $1.37% Gas Westinghouse Air Brake 5-31 (Baltimore)— 6-30 25c (quar.)_ (quar.) preferred preferred 5% ~:5-31 6- 10c J.), (s-a) 5% Williams & 7-16 17c (quar.) preferred 6-15 62 %C 2 -6- 6-30 2 50c (stock 5-11 40c RR. 8-1 8-1 75c • Chemway 15%; British date Stationery Corp.— Winn-Dixie 7- $1.75 (initial Common -,:5-24 2 $2.50 (quar.) A . Insurance Co. common 1 6-30 40c (quar.) Co., 8 7- 10c (initial 6- 25c Seashore Railway preferred 5% -5-28 ~ common & 6- 20c preferred New U. 7 - -common Sugar Western Tablet & 414% (final) Canal com. Co. Kentucky '' class & ' •'" to tax y Previous 11c Western 5-28 6- Huffman Machinery— New Western 3 K Is 6d A new Jersey Less a xLess 2 25c (quar.) Virginia Pulp & Paper Westeel Products, Ltd. 5-28 U—6- 60c Extra 7% 7.-V 6-21 50c (quar!) Freight Co., S. 1 6-21 $1.06% (quar.)— class preferred S. 5-31 6- -y 50c Ceramic S. 8 6-11 37 %c Ac Indies "45-31 6-15 10c - — common S. Cold Storage (quar.) S. Fidelity & Guaranty Co. Quarterly U. 6- 7-15 • Class B U. 5-24 6-15 87 %c ! (quar.)—- ord. West " 50c (quar.) deposit rets. United 1 J5-18 6-15 75c Co.'s Improvement, United 6-22 6-11 (quar.) 4%% preferred (quar.)— United Illuminating 1 United Molasses, Ltd.— Amer. -• 6- 6-11 7%C (quar.) Corp. 6-15 , 46-15 50c Electric United Gas ^5-31 " 56 Vtc United United 6-25 $1.12% (quar.) - Fruit 4 6-15 25c - (quar.) Coal 6- *35c (quar.) common $25c $5614c - 6-15 25c preferred 5-29 8 10% 1 Whitaker (quar.) Fastener 6-30 6-12 $3.50 new 1 5-18 6- 7-16 Wieboldt Cigar Whelan Stores Corp.— convertible preference (quar.) Corp. (s-a)J United 6- 6-11 t25C (quar.) common 1 ' West 5 Inc.— (quar.) Gardner Class —-6- 2 t25c (s-a)—,— United S"1 50 7- $1.25 Carton Wells .5-18 75c 1 Circuit, 6- 8- 50c income) Weston of America— preferred Carbon 6-15 12V2c — preferred United 6- 37 %c (s-a) Ltd., convertible 4 6- 25c (quar.) Co. SZ 5-14 25c — ! Theatre preferred United Biscuit (quar.) (quar.) (quar.) 6-15 tl2%c (quar.)—„— convertible ment 6 30c (quar.) __ Products 7- - K--5-14 . 6-15 20c Francisco) Aircraft Artists 1 50c $1.50 Aircraft 5% 6- $1.25 ~Jl 50C United Class (quar,)- 1 (quar.) United United 1 6- . Union Sugar Co. Union Wire Rope United Air Lines United 8- 25c (quar,)———, (La.) 4% 6- : 6-15 20c (quar.) 5-31 — ,(quar.) 4% 6-15 $1 quar.) ' mittee preferred preferred (increased 1 5-31 6-20 35c (quar.).! Co., common 1 (quar.) (quar.) books 5-31 6-20 30c '. convertible Tube Coke changed 5-31 6-20 50c Products 6- 5-31 6-20 62 %c Wellington Fund, -X 7-20 t35c com. 6-20 $1.12% (quar.) 7-20 8-15 (quar.)__— Corp Gas Pacific Ltd. 8-15 87%C Canada 45c (quar.) (s-a) 4% ^1-20 -.^"20 92 %C (Kansas), (quar.) preferred 5-31 8-15 8-15 $1.12% System RR. 6-15 25c (quar.) 8 6-13 75c Western Life Insurance Co., common Common •■w 6-29 __ (auar.) -Union 5-31 30 preferred (quar.) $4 preferred (quar.) $3.70 preferred (quar.) Union 6-15 6-29 $4.50 $3.50 1 Hevi-Duty for common River West - Electric , .^"=5-28 6-11 7- (quar.)__— 2 $1.03 (quar.) (quar.) common 7-10 (Continued from page 14) (quar.) Weeden & , 1 Co.— (quar.) Stock dividend Co., A 6- dividend 5-25 68 %c (quar.) (quar.) Mills 5-31 I 6-11 (reduced) Corp. & & Corp. resident 4-26 12 %c Weco 5-31 6-30 vJfl-6-15 i— 8 7- $1.50 6- 6-15 7-31 Cooperative Mercantile Institute— 1 6-15 35c 7-2 1214c 3714c 25c (quar.) tPayable in U. S. funds, less 15% Canadian $Payable in Canadian funds, tax deductible - 5-15 6- 6- 7%% L_ J. 3714c 7-20 . 6-20 6-15 20C common Wayne Knitting - 6-19 r_j-- (quar.) non-cum. 5 70c ;.-5-31 6-15 (quar.) (quar.) Acceptance Corp. Ltd.— partic. 2nd pfd. 60c 6- 37 %c 75c i (quar.) Wire 5-31 6-11 Film 6-12 37 %c Iron & Motors ,f Underwood Mold Washburn 7-14 yTrunkline Gas Co., pfd. A (quar.) Gas, Electric Light & Power -Twin Detinning, Waukesha 6-15 (quar.)__ -Tucson Twentieth preferred 6-28 '• 6-12 2 4 (quar.) 8-15 6-11 (increased quar.)— com. preference 6-28 $1.25 preferred (quar.) 7-10 6-11 1 & •Transfer 5-18 $1.05 r 6-1 6-15 — 8 • 7- —— prior 6-20 (initial quar.) dividend announcement under 12-1 $1.01 ^ 2 7-31 - pfd. conv. Zonite Products Corp. Name 7- J12%c . 7- 1 '8-1 , 25c .11-15 8-24 . (s-a)___—-it (quar,) common preferred A .Quarterly , - .True Temper Corp.; 4 % % Asso. 6- 6% preferred Stock 6-10 11-14 Warner Lambert Pharmaceutical Co.— 7-13 ■— 11-26 Troy & Greenbush v class 5-25 25c Spring & Wire Radio Zlon's 2 6- 1 15c (quar.) preferred Ware 8 2 6-30 50c Company Baking, common (quar.) 5J/a% preferred (quar.) 6-11 (quar.)— (interim) Universal Insurance — 7- 12- 414% 6-18 56 %C : (quar.)_ System, Inc. (quar.) Walgreen Co. (quar.) — (quar.) 2 Zenith Corp.— Walker (quar.)_ Insurance common— Ward Forging 7- 50c ■ (quar.) 3 ,, Zeller's Ltd., common 1 12-10 Waite Amulet Mines Ltd. - 6- $1.25 Walworth Steel 6-14 (quar.) Inc. (quar.) Waldorf ._ 7-12 2 1 v 7- }3c 1 3714c — Zeigler Coal 1 Sugar : 1 7- 9- convertible Class — 8- 6-15 6- Wailuka preferred (quar.) ' 25c 20c — 6- (quar.) (quar.) Co.. Youngstown Sheet * 9 Agricultural : 5% preferred Transue & Williams 5 7-12 9-10 Waialua A, 8 6- 1 6- Wagner Electric Corp.' (quar. )______ .. 6- 6-30 8- 2% Wabasso Cotton Ltd. —; General Extra 6-30 1 ______ Towmotor Corp. (increased) Traders Finance, Ltd., class (L. A.) $1.25 preferred 1% Angeles) (quar.)—; YouDg (quar.) Vulcan - Packing ' $1.25 , (Los 6-1 - (,quar.)_ preferred $4.50 (quar.)—* Trust 6-15 30c (quar.) 6-11 ,. dividend)- Quarterly 60c Bakers— (quar.) $3 - Bearing Insurance pfd. 6-15 30c Yard-Man, Inc. (quar.) preferred Vulcan (increased) 5% preferred Vulcan Roofing (quar.) Time, Dutch (quar.) Chemical (quar.) 6-15 r _ — Oil Cab (stock dividend)—. Visking Corp Vogt Mfg. Corp. — .— (1953) Yellow $2 Ltd. 5J/2% (quar.) preferred Thrifty Drug Stores, 4%% 4%% preferred (quar.) • . 50c (quar.) 6% preferred (quar.) 1 Virginia Telephone & Telegraph— .—— conv. 4 4 6-4 preferred (quar.) Virginia Railway, common common common cents 56- $5 — (quar.) Corp.— 9 55c Holland $1.1214 (quar.)— 25c preferred Yale & Towne Mfg., new com. 6-15 Light— Heating, Co., 6- 30c $4.20 Investment Class & 6-1 ' 6-15 . : 6- Wyckoff Steel ^ $4.12 i 6-18 common $4.04 - (quar.) Thompson Products, (s-a)_! 6-20 6-15 (monthly) (monthly) convertible 30c Vickers, Ltd. (initial) ! Viking Pump (increased) Virginia-Carolina Chemical Corp.— 6% preferred (accum.) Virginia Electric & Power, com. (incr. quar.) • 2 Common 43 %c preferred Vick — 7- 15c Viceroy Mfg., Ltd., :— 35c 1' (quar.) Kamp's Preferred (quar.) 6% (quar.)__: preferred Vendo (quar.)__—:—;— preferred A (quar.) preferred B (quar.)—— 4% de Veeder-Root, Co.— . (Del.) Match 5% — Pipeline Common 5-21 65c ; 5% — 5-21 9 Transit Vapor — — (quar.) American, Inc., common preferred (quar.) $1.25 Leaf preferred Viau, common Lines Power Van 9 6- Steel, Ltd Universal prefprrpd Textron ; 8% 6- Reo. 62%c Wright-Hargreaves Mines, Ltd. (quar.) Wrigley (Wm.) Jr., Co. ' Hotter* $1.1214 (quar.) ' - $2 • - Extra 4 1 5-15 6-15 (quar.)—, common (quar.)- 5- 6- 1 2 ' Payable common. convertible prior preferred 50c ! (accum.) (quar.) Tobacco, 6-15 9. 414% *25c Co., preferred Universal 8 6-15 1 7- Corp., common. United Utilities €- 7- 6-15 Corp.; When Share »• prior .preferred 6- - _ preferred Steel Tobacco Truck .414% Worthington 62 %c . common United 8 6- 8 —_— (quar.) Mfg. S. S. 5-31 Reclaiming Co.— States .7% U. 6-20 50c common (quar.) (quar.) 6- 2 6- Lithograph, Co., Per Name of Comvany 5-25 $1 A Holden 6-15 45c 6--8 il 2 " 7- 12 %c 8 (quar.) series preferred Rubber 6-8 i— (quar.)- Glass Rubber S. Utah Light Co., $4.56 pfd. Utilities Thatcher - 2 & $1.40 convertible preferred} (quar.>_ Texas Tilo 6-8 S. 8% U. 1 Coal & U. 8 , . (quar.)_ preference, Utica _______ Gas (quar.) Texas 2 90c common 5 Texas 7- 7- (quar.)——__ Producing (quar.)_ Sulphur (qua'r.)—£_ Gulf 6- 6-8 $1.02% (quar.) Illinois 2. 2 Foundry Playing Card When Payable of Reo. 15c 30c -—r & Van Raalte Co. (quar.) Common 6-14 7- — preferred Texas 6-28 7- — preferred Texas ' 35c Pipe 5% (quar.) 4.96% Gulf Printing S. 5-28 Co.— 5.40% Texas S. 6- 6-15 $1.06% . preferred (quar.)i_. $4.56 preferred (quar.) Texas U. 6-29 7- . preferred 4 15c U. Share Co Potash $1.31 % . j. $4 $4.64 8 , $1.12 % (quar.) Service 0. $1.28 (quar.) fquar.) Electric 1 $1.27 % preferred (quar.) Tennessee Natural Gas Lines Texas S. 6- $1.22 % 4.50% Texas , _. (quar.). . U. 6-15 $1.16% (quar.)—— preferred 4.10% 4.25 % 1 $1.16 (quar.) 5.25% 5-31 6- $1.15 (quar.) 5.12%. Lumber 6-11 50c — (quar.)— preferred (quar,Ju preferred (quar.) preferred (quar.) 4.64% S. 6-15 25c . Ry._. com. Name of Comvany . U. 3c (s-ai — Tennessee Gas Transmission, 6-15 $1 ; & 7-2 6%c (quar.)_^ A Aircraft Tennessee, Alabama Tennessee Corp. 4.60% I25c (quar.l-—— class Tellurlde Power Co., 6% Tenico Ltd— (Canada!, 55 6- 5-25 4%% 50c 6-26 6- 6 4.7% preferred, $1.25 6-26 6- 6 4.7% 3% 6-12 5- 9 preferred, series B 7,308 8,427 series C 9,245 11,292 preferred, series D 4,328 6,581 207,414 203,094 Ltd.— —V. 183, p.~2296. j The Commercial and Financial Chronicle 56 Ended March 31— Quarter * " Met sales and other income Profit before taxes- for Provision — . taxes Ernest The — share common The Exemption— interested Act; and the Commission has issued an order giving until June 4, 1956, to request a hearing thereon. pany persons securities. Its initial capital of $100,000 will be received through the sale of stock to not more than 25 responsible persons prior to any public offering. not has The Fund The company issued yet seeks any provisions temporary exemption from certain Act so th2t it may operate for a a limited of an investment advisory con¬ tract (with Scudder, Stevens & Clark), without stockholder election of directors, and without stockholder approval of the selection of inde¬ pendent public accountants. Stockholder approval of these matters will be sought at the first annual meeting of stockholders scheduled io be held Dec. 4, 1956.—V. 183, p. 2422. ' "V •• of Investment the Company approval stockholder without period Seaboard Offering—A 'sec¬ RR.—Secondary Line Air stock,, (par ondary offering of 48,000 shares of common $20) was made on May 31 by Blyth & Co., Inc., at $40 per share, with a dealer's concession of 75 cents per share. The offering was completed.—V. 183, p. 2227. New York, filed a registration statement with the SEC on May 24, 1956, covering 87,500,000 of sinking fund debentures due 1968, to be offered for public sale through an underwriting group headed by Mer¬ rill Lynch, Pierce, Fenner & Beane. The interest rate, offering price and underwriting terms are to be supplied by amendment. is company of proceeds Net will financing this applied be amounted which Proceeds of the bank 1956. Corp. being offered to the by the of received monies All bonds. from sale of the the the and of shares stock common EFFECT GIVING offered now stock 183, value (par lc ing 29, preferred cost Net in 697,696 common shares outstanding on March 31, 12 months' with $774,571 for the entire preceding the interim of Because were $282,421, or period cash accounting basis months to March 31 three the for share. a pripr year, no profit comparison is available. for the nine months' period also exceeded the total Sales fiscal the for year ended for the nine June 30, sale loan Co., of these is Pa., be due The used the plant new The net Insurance Life C., $1,105,000 of Eastman, at for Dillon the to to secured The price of proceeds first 5% Co. & preferred of sale, the 4'A % mortgage a proceeds presently when and mortgage GIVING the par credited, be EFFECT shares pfd. received, ($53,538 at working for the second surplus. value of to paid-in FINANCING located 1956-71 Outstanding $1,105,000 $1,105,000 at sidiary, 35,200 shs. 300,000 shs. $1)—. Dresher, Houston, owned company creation niques and fluid and builds *140,300 shs. Inc., has O. Hess organization application precise of and sions in gas of large fluid stock incorporated, in partially owned sub¬ sh?.res Henry heat and The the in com¬ LeBoutillier. W. engineers facilities of concerned fluid with the processing tech¬ develops heating company and types tools. trade blowouts combustion burners of of standard Such name items include "Flo-scope"), (devices controllers, various auxiliary types to. arrest gas fired auto¬ explo¬ soldering excess $4,800,000, of is exchange for processing and capacities for part of its activities, a ceramics plant to the ceramic components of its heat process- as Selas of , for its the company Radiamatic of the 727,757 shares of Westpan shares (about 55%) of the outstanding Constructors, 1,482 of the other also C.—Stock Corp., will transacted was organized under the laws of the State incorporated on April 20, 1956. Its principal was located is the in be Building, Trinity primarily that of Decatur, Ga. The mortgage loan agency. a EFFECT GIVING CAPITALIZATION cumulative pfd. stock stock (par $1). mature to to up company purchase PRESENT TO — business FINANCING Outstanding 2,500 shs. 1,000,000 shs. 2,500 shs. 1,000,000 shs. $100)_ (par (EDT) noon 6 will receive bids for the on June from it of $9,660,000 equipment trust certificates, series TT, in 15 equal annual Installments, and to be secured by new equipment costing not less than $12,880,000.—V. Lumber Southwest 183, p. 2541. Inc.—Private Mills, Placement— has borrowed $5,100,000 from the Equit¬ able Assurance Society of the United States under terms The company of 20-year mortgage agreement. a V. will funds The used be timberland of 175, p. connection in ■"»' ■ '/ ■ with the from Arizona in 462. v.'/ " the purchase Land Aztec & of 87,000 Cattle Co.— ■. (A. G.) Spalding & Bros., Inc.—Time Payment Plan— This corporation, "This offers service new purchase the famous long another announced 1 for of in ~ setting for first—a important Donald says the with trend " " in sports, on. time payment the pace national accessories. and clubs gold customers," our completely H. Mudd, Treasurer, "a merchandising and sales - - . pro—will be able to use the new themselves. Once the initial payment of 10%. on the p?.rt of the purchaser is made to the Spalding dealer or pro, the matter of payments is out of his hands, and there is norecourse to him. He is assured of a complete sale. • distributors—dealer Spalding absolutely no at cost or to collections of matter the Beneficial Finance then handled by is System of Morristown, N. J., which is working the plan in conjunction with Spalding.—V. 183, p. 561. Securities The and Commission, Exchange is was announced on May 25, has issued an order temporarily suspending a Regulation A exemption from registration under the Securities Act of 1933 with to respect public a whether the The corporation ao of stock by this corporation. The order filed its Regulation A notification with the Commis¬ July 22, 1953, proposing the public offering of 10,000 shares of capital stock at $2 per share. The company was organized in on par mail offering opportunity for hearing, upon request, on the question suspension order should be vacated or made permanent. an shares was of Regulation A requires, as one of the conditions to the availability an exemption from registration, that reports of stock sales be filed the Commission at the end of each six months' period following the 1,260 owns which 51% was of the organized capital stock to develop and outstanding in 1954 of to of According to the Commission's order, Sky Ride Helicopter failed to file such reports and has ignored requests for the filing thereof. Accordingly, the Regulation A exemp¬ tion was temporarily suspended.—V. 178, p. 857. commencement the offering. The Montana a Co. to begin the S. has ordered for installation at two its H. 180-inch H. Walla In the spring of 1957 and will be completed the same fall. powerful Kaplan turbines ever built have been ordered from Morgan Smith Co, by the U. S. Army Corps of Engineers, Walla District Office. These three hydraulic turbines, each rated at development on the confluence of the Snake and miles from Walla Walla.- Shipment of parts will begin early in 1959 and will continue until final shipment in the late summer of 1960.—V. 183, p. 8. Snake hp., will River installed be in Washington, Columbia Rivers. Southeastern Securities This and smc, oy gas stove manuia.viureis, Fund, in the Ice Harbor just upstream of the The' site is about 25 Columbia, S. C.—Registers With Exchange Commission— company on May 25 an $857,626 1,222,110 $0.70 —— — 183, $108,580 1,222,110 $0.09 $16.65 per share u——/cx^-»ea4*$l7.13 share—.——~" $37.48 - assets current worth per 938. p. Ram-Jet Turbo, Corp.—Enters Rand Sperry $37.40 - Control FieldDevelopment and delivery of precision engine control systems for turbine-powered aircraft and guided missiles were announced advanced by 17 May on the Co., Gyroscope Sperry a Rand division of Sperry Corp. systems, dollars, of field mark under contracts amounting to millions of large-scale entry into this critically important produced Sperry's The electronics firm, producer of aircraft supersonic flight, company officials said. has been a leading developer and decades, for flight control systems The call contracts navigation equipment. development of a shock positioner and sea for control controls for an system for a ram-jet missile and for variable geometry advanced supersonic fighter engine. which has conducting been extensive research into the problems connected with turbine engine,, controls, expects to announce shortly development of a wide range of advanced instrument systems turbo and for six-bladed Smith- •tage.—V. 183, p. 2422. and Net Net —V. ram jet engines, company officials said.—V. 183, p. 2542. Square D Co.—To Build in Atlanta— Cochrane Hydro-Electric on most —2 profit outstanding total value of nearly $5,500,000. the Missouri River seven miles from Great Falls, Mont. turbines each are rated at 42.000 hp. Delivery of parts is slated Development The Power turbines Kaplan announced the receipt of two contracts for May 29 hydraulic turbines with — Earnings per share Sperry, Smith Co. Inc.—Receives Turbine Orders (S. Morgan) principal amount by ii.onUfaci.ure Net Tne with - taxes before Shares freight. 10,000 sr.les Taxes 1953, under Delaware law for the purpose of carrying passengers, and According to its offering circular, the original issue merely "the starting point for setting up the capital structure" of the company, and a subsequent increase in capital to $3,000,000 was contemplated. The company proposed to acquire a site for operations in the vicinity of the Washington National Airport and the Pentagon. Maynard H. Smith of Washington was listed as of 1956 1955 „$63,705,685 $61,845,877 — 1,774,626 214,580 917,000 106,000 36 Weeks Ended May 5— Profit filed a registration statement with the SEC covering $i,00u,000 of 6% convertible subordinated debentures due 1971. These debentures are to be offered for public sale at 100% of their wie and Georgia, office Net of a new type of gas kitchen stove designed to compete with the latest types of electric stoves. The new stove Is still in the experimental prouiubtf agency. BUSINESS—Corporation of 1619. Offering Suspended— 143,000 equipment. 1,590 owns offering loan gage . Sky Ride Helicopter Corp., Washington, D. The operates, Inc., a Texas corporation. The new second preferred shares in outstanding shares of capital stock of Selas Constructors, Inc., which are now owned by officers and em¬ ployees of the company and of Selas Constructors, Inc. company The in which has its headquarters in Amarillo, Texas, has various produtcion of liquid hydrocarbons and natural gas and V ■ ; This company on basic the and engineers, designs fluid processing apparatus uses. company capital gas manufacture ana under automatic pipe lines), company and The or required to dispose of all of its Westpan holdings.—V. 183, p. was was manufacturing diversified considered (sold and and small and develop furnishes are meters checks multitude The also which flow fire irons, share, a are techniques, heat company offices executive common and of manufacturing. metiiods and company's outstanding Frederic an to The processing equipment micro-porous membranes. variable tog by is the plant Philadelphia, near 1930. 24, of treatment equipment, a All applied as and whose Constructors, Texas. are Pa., June on Selas by the Federal Housing Administra* other government agencies, for corporation's own portfolio and for resale to others. Tne proceeds will be used by the corporation primarily in its capacity as a mort¬ the The June, 4,000 shs. 100,000 shs. $1) (par Corporation, — Pennsylvania matic $12.70 President. BUSINESS The stock to Jalco, outstanding. Under the terms of a Securities and Exchange Commis¬ sion order, based on the Public Utility Holding Company Act, Sinclair sion 4,000 shs. shares (par will be used for this purpose. originate loans insured To the Veterans Administration, and thinking of our time." Sinclair's holdings represented 53% asked "Excluding 35,200 shares to be reserved for issuance on conversion of the second preferred shares now offered and 7,500 shares to be reserved for issuance on exercise of the option of the underwriter. and common Philadel¬ if and PRESENT TO $100) (par second Common mort¬ being note that plant, on over will offered above mtge. serial bds., due shares conv. The Westpan Hydrocarbon Co., in the oil. provides net the shares first pfd. Pilot negotiated Avenue, Erie Authorized pany May 22 completed the sale of its entire holdings on of Tex. received Westpan, . CAPITALIZATION 50c and Co. , excess (2) tion, service interests of short term loan to be Incurred of the second preferred shares, a issuance repay by and such of repayment used Street D sale. proceeds prior be 1956) N. from, the Georgia Spencer Kellogg & Sons Inc.—Financial Highlights— plant offered the for will capital. 5% shares) of Dallas, Sinclair and shares now offered and of the Standard 1956-71. net company loan April 30, S5 This corporation (384,861 plus bonds. being $325,000. which repaid be Greensboro, company's former phia, will Jefferson to bonds, of sale The This of 33,718 of the second preferred serial gage by Company's , exercise an option to purchase approximately one-half inter¬ Securities Investment Corp., a Georgia corporation. To In plan Stock— Sinclair Oil Corp.—Sells Westpan crude plant. -(1) est Approximately $150,000 June the Insurance will the * 1955 holdings, simultaneous is of share of the 250,000 shares manner: acres when sales were $10,471,144. Results months, had Holly Manufacturing Company Division been included for the entire period, would have shown sales of $13,738,031 and net earnings of $1.45 per share.—V. 183, p. 1236. entire Inc., construction lime, on or before May 1,1961, one stock at a price of $2 a share. of $1 par value common stock set aside for issuance upon the exercise of the stock warrants as described above the directors have also set aside 250,000 snares of $1 par value common stock to be issued at a later date upon the exercise of stock warrants to be issued to the directors, officers, or employees of the company. All shares sold under sucn warrants will bt purchased by such directors, officers, or employees at the price of $2 a share, and such warrants shall be exercisable by their holders at any time within a 10-year period after issuance. .'v'.-.•/( . ; PROCEEDS—The company will use the proceeds of this offering, "as may be deemed advisable by the board of directors, in the- following The the at Dresher, Pa., was completed in March, 1956, at a approximately $1,400,000, The First Pennsylvania Banking & loaned to the company $1,329,020 to finance the construc¬ of the share, per buy ac any value cbmmon $4,701,115. were earnings cents 40 Co. the sale Life $10 at common to Common Manufacturing Division results from the date of merger, totaled $11,719,582 of which the three months sales to 1956 This compared used building of Trust tion redeemable are June of addition to In 1,000,000 shs, period. dividends. PROCEEDS—The office shares of common stock who purchases said stock before 30, 1956, will be Issued one stock warrant for each stock purchased, giving the purchaser the purchaser snares option earnings, after taxes, tor the nine months totaled $896,276, equal 1956. exchange for such stock at the rate of 1 3/17 second preferred shares for each share of capital stock of Selas Constructors, Inc. • ■ second two Authorized in The Each midnight, 1955, 31, to $1.28 per share on other than the company, of the outstanding capital stock of Selas Constructors, Inc., a partially owned subsidiary, accrued Investments, Inc., Decatur, Ga. corporation is publicly offering 500,000 shares of common stock (par $1) at $2 per share and 2,500 shares of 5% cumulative non-participating pre¬ ferred stock at par ($100 per share) through Allied In¬ vestment Co., Atlanta, Ga. The offering is made only to residents of Georgia on a best-efforts basis. Offered—This 2422. p. Holly Nov. March holders, to company and Southeastern Mortgage —Stock 5% earnings of this corporation established new records for the months ended March 31, 1956. Sales for the nine months, includ¬ nine Offered— Stock of conditional sale contracts and chattel mortgages plan loans covering house trailers.—V. 182, p. 2025. -; purchase the Outstanding 1,000,000 she. sh.) per proceeds, estimated capital and used, principally, for The remainder of the will be added to working FINANCING PRESENT TO Sales and 33,718 shares of 50-cent convertible sec¬ ond preferred stock (par $1) at $8.50 per share, plus ac¬ crued dividends from April 1, 1956. In addition, 1,482 are all or Alabama of contract dated as of May a the writing of fire and allied lines on mobile- other property. $550,000, at Southern Pacific Co.—Bids June 6 for Certificates— of and sold shares into granted to of 1956, authority to Laws entered or and homes retail of the financing, $325,000 will be used for the acquisition of a wholly owned subsidiary fire insurance to engage in company Siegler Corp.—Reports Increased Earnings— the reduction to Eastman, Dillon & Co., Philadelphia, Pa., on May 22 of¬ fered was municipalities under Act. No. 4, the City of Florence, Ala., has 15, 1956, with Sheraton Flor¬ ence Corp., ana Gearhart 8c Otis, Inc. and Joseph Faroll & Co., whereby the City has agreed to issue $2,500,000 principal amount of its 5% first mortgage industrial development revenue bonds due serially June 15, 1959-1986. The underwriters have agreed to use their best efforts to sell the bonds but have made no firm commitment to purchase or take down Pursuant General —V. loans were used America—Preferred of corporation formation $l-par incorporated in Delaware on April 6, 1956. The principal office of the corporation pending construction of the proposed hotel is c/o Arnold Teks, Esq., 213 First Federal Building, Florence, Alu. Sheraton Corp. of America, which operates through subsidiary companies a group of approximately 30 hotels in the United States and Canada, owns 60% of the outstanding stock of the corpo¬ ration which it purchased at a price of lc per share. The Net Selas the basis of 15, 1959-1986, of City of Florence, Ala., on 100 shares of stock for each $1,000 bond. Common $49,505,000 on March 31, primarily to provide funds for the purchase of receivables and for making loans in the normal course of the company's business.—V. 182, p. 2135. loans bank short-term Inc., May 23 publicly offered 250,000 at par (one cent per share) on Authorized and notes instalment Stock Of¬ stock common CAPITALIZATION finance subsidiary of General Contract Corp.; a principal business consists of purchasing retail from, and advancing funds to, automobile dealers. — will be held in escrow by the underwriters and if the entire issue of $2,500,000 principal amount of bonds and 250,000 shares of common stock are not sold on or before Aug. 15, 1956 the proceeds so received will be returned to the purchasers by the underwriters; The proceeds of the bonds will be used to acquire necessary land, and to erect thereon, furnish and equip a modern hotel which will be leaded to Sheraton Florence Corp. for a term of 30 years. This lease will not be guaranteed by Sheraton Corp. of America. This company The of is engaged primarily in the business of financing ox mo'oile homes or house trailers. sales proceeds net the Of The underwriting com¬ O'Connell & Co., Inc. 10%. be to wholesale and floor Florence, Ala. Corp., is Homer and Co. The company provision to protect bondholders a solely to the purchasers of $2,500,000 5% first mortgage industrial development revenue bonds, due serially June bonds Securities and Exchange Commission— Its share. per by Florence Sheraton any Louis—Registers With Securities Investment Co. of St. $25 contain also fered—Joseph Faroll & Co. and Gearhart & Otis, shares York investment company has applied to the SEC for an exempting it from certain provisions of the Investment Com¬ of price a would interest rate, and each $1,000 bond 40 v/arrants for the purchase of Sheraton 5% limiting stock dividends in any one year to 2% shares at the time of a stock dividend terms of the proposed new issue are unchanged present 4%% debentures.—V. 183, p, 1372. the from New order a other All declaration. basis.—V. 183, p. 1115, Special Fund, Inc.—Seeks SEC Scudder making outstanding total the of both of This at issue new against dilution the stock on a quar¬ consider whether to place to are terly instead of a semi-annual bear of the new issue would carry Plan. directors The would bonds new —.— Incentive directors were the explained President, Henderson, exchange offer because some confusion had developed in the of bondholders over the conversion rights of the 4 %% issue. this $2,295,000 $598,000 Shares outstanding ; 1,760,000 1,760,000 earnings per share — L: .—$1.30 $0.34 The stockholders on April 26 voted in favor of the amendment to the certificate of incorporation increasing the authorized common stock irom 1,760,000 shares to 2,250,000 shares (par 15c per share). The shareowners also approved the adoption of the Employees' Restricted Stock Option Plan and the Employees' Profit-Sharing profits 43/4% minds " Net that debentures. debentures 5% outstanding $6,577,000 1,435,000 837,000 $13,653,000 4,850,000 2,555,000 of series 1955 1956 " . & mission issuance of $10,000,000 of a new would be exchanged for the presently authorized have directors The mill America—Exchange Offer— Sheraton Corp. of Schering Corp.—Earnings Rise- , Monday, June 4, 1956 . .. (2696) underwriting group headed by Shearson, Ham- This in company's other Ga., States, area program the base as Gordon field also are of expanded operations President, revealed Patterson, engineering states assembly plant in the southeast on June 2. The construct an electrical equipment will company Atlanta, United offices in expected to Georgia, be Florida, increased as Alabama and the expansion develops, Mr. Patterson said. is scheduled to begin $500,000 and designed will house regional headquarters offices now located in Atlanta, as well production facilities.—V. 183, p. 930. » Construction of Involving additions, the Standard Atlanta plant investment of the days. future an 31,000 square foot structure Factors Corp.—Earnings after taxes Number of shares outstanding—— Earned per common share —V. profits 183, p. 1520. as provide Increased— 1956 Quarter Ended March 31— Net within 60 to permit Square D's .—-— $161,848 1,158,964 $0.13 1955 $60,056 480,300 $0.11 - Volume Number 5539 183 Suburban The $6 corporation filed 28 May on notification with of letter a covering 15,000 shares of capital stock (par $5) to toe offered share, without underwriting. The proceeds are to be used loans to for comparable the history. sales ahead of for the of 1956 set highest of the were record new a for —V. of quarter recorded $73,979,627 income1 of 561. p. r_: —A $4,323,086 1956 $83,288,726, were ago. year a 12% or 100 • , Transmission Pipe ■ Line The C.—New N. served be the by the of May on 21. consists line proposed Carolinas eastern and 000 The 1957; first the own an and 0.279 7e.—V. 183, p; 1040, sales to 7.3 % of $59.09 Y., per called 29 May on 1975, due share. common Manufacturers and will act National Bank of Street, New York 2228. Security-First Trust conversion as for together amount, principal 55 Co., Broad agents.—V. 183, p. Union Pacific RR.—Earnings— Period End. ' ' 1 balance in November, 1957. .v,.-*'<, to finance the project by issuing $16,242,000 bonds; common stock to net $3,248,100; and interim notes to be convertible to preferred stock," the \ ' U Railway proposes »' * April 30— ' 'V ' ' ' . $ J 7t T , . 1956—4 Months—1958 / I$ " ' ' ' 1956—Month—1955 tl ' ' . . 152,299,555 revenue-, 39,993,416 38,539,764 158,688,808 oper. expenses-, 30,730,373 29,295,261 122,829,484 115,162,784 oper. Railway mortgage $2,166,000 in bVt% Net Net Project— from rev. railway —V. oper.? ry. .-7v. 37,136,771 11,110.80ft 9,244,50335,859,324 3,035,869 10,646,621 9,263,043 3,092,681 ; inc.i, oper. 183, pi 2340. '• ;; .;.v\ • . Commission hearing on the proposed $42,308,000 // this corporation has been set for June 6. / United Electric Coal Companies—Earnings Increased— The project entails over 277 miles of pipeline to be laid in Louisiana, / Period End. Apr. 30— ? ? 1956—3 Mos.—1955 ; 1956—9 Mos.—1955 Mississippi, Alabama, Georgia, South Carolina, North Carolina, Vir-; A/ Profit from' operations. ' / ."V : r / V ; / ginia, Maryland, and Pennsylvania. A total of 12,750 horsepower before depletion and V" 4 i units at various compressor stations, additional facilities at existing depreciation Lw $1,055,411 * $529,418 $2,992,113 $2,045,760 compressor stations, river crossings on the James and Susquehanna Depletion & depreciation' 363,612 ^. .•387,966, 1,085,689 ,.1,106,224 Rivers, and various distribution meter stations will be included in the Federal A • Power construction 1975, are available for delivery Bank, 43 Jn exchange for temporary bonds at The Chase Manhattan Exchange Place, New "York, N 183, p. 2542./ / v an debentures, of Angeles 15, N. to it up Transcontinental Gas Pipe Line Corp.—New .iI Of states and company 4Y2% Los the of roughly from Moore, S. C., to Monroe, N. C. that Transcontinental Gas Pipe Line Corp. to 40,000,000 cubic feet of &as daily. The extending corporation August, company 103% price of principally portion a issuing sales. Murchisons its outstanding 3% convertible redemption on June 29, 1956, with accrued interest to the redemption date. Payment will be made at the Security-First National Bank of Los Angeles, Sixth & Spring Streets, Los Angeles 13, Calif, or the office of Dillon, Read & Co., 48 Wall Street, New York 5, N. Y. The debentures are convertible into the company's common shares at any time prior to the close of business on June 25, 1956 at a This authority for a $21,656,accepted for filing, the would be made available in three phases—initial volume of 10,000,cubic feet in early 1957; 20,000,000 cubic feet at the end of gas of to flatlands make available can announced Commission Power area Piedmont share.;;It was completed. * debentures due April 1, Raleigh, Corp., such two Union Oil Co. of California—To Redeem Debentures— subordinate this corporation seeking construction project has been company will receive no 1,108,263 common shares aggregate of 24% and additional* 1.633%. These percentages will The shares. of the be reduced by the proposed Trans-Canada Pipeline 10,000 proceeds the, Murchison .Trusts was 2463. coastal the V Definitive Debentures Ready— the pipeline The secondary offering of 11,500 shares of common stock Definitive 4% to Inc., the of outstanding, now value of the Westcoast Transmission $16,000,000. The manufacture of the the application by Federal (par $5) was made on May 29 by.Stone & Webster Secu¬ rities Corp. at $28.50 per share, with a dealer's concession j 183, p. An 33% was ... - of 50 cents per Chemicals, com¬ contract Project—Financing Planned— Tennessee Gas Transmission Co.—Secondary Offering -- and the since obtained at greater than the 1955 first quarter. This was equal to $1.28 per share on the 3,290,888 shares of common outstanding, after provision Iot the preferred dividends. In the equivalent period last year, net income was $3,247,655, or $1.03 per share on the 2,923,394 common shares then outstanding—V. 183, Net months three and the'Westcoast of 1955, increased been Trans-Carolina in quarter any for any >, - first the been Line will commence on the completion of the Westcoast Transmission Pipe Line in the early months of 1957. earnings and period, company Net years part October has two have which construction in contract the over 1959. additions pipe months three first the secured individuals..,, the equally by July the for the at to Sylvania Electric Products, Inc.—Reports New Records Sales spread pleted With per make be to Cambria Heights, L. I., Co., Inc., SEC— With 57 (2697) The Commercial and Financial Chronicle . Finance N. Y.—Files SEC . . . of project A" . The company on May 28 annqunoed ■ ' - . . the Opening of the nation's larg¬ construction, privately financed jet iufcls laboratory at Its principal research Cen¬ est ter at research in will Installation ter-million-dollar Its of Jet fuels.—V. 183, 2339. p. This an I. Texas on will instruments all for basis share-for-share a of the Mann stock common shares company off a first mortgage on the tools, dies, patents, machine inventory, office equip¬ ment, etc., in the amount of $23,500; to set up a reserve for the pay¬ ment of the debenture bonds in the amount of $29,000, which bonds are payable without interest in eight quarter-annual instalments commencing six months after the entire issue has been sold; the out¬ is scheduled for June 30. has been in business for nine years and is the largest western producer of piecision optical com¬ ponents used in scientific and military instruments, guided missiles and The privately-owned Mann company projection devices. * It employs about 100 persons and -has yearly sales of approximately $800,000. All manufacturing facilities are located in Monrovia, Los Angeles County, Texas.—V. 183, p. 2339. Lalance organized ' Federal 1955 m- 1 Federal for taxes $5,985,884 2,204,916 2,173,492 150,000 150,000 taxes Income income on 7 income Shares outstanding March at Earnings p:r share —v. 183, p. 2081. 31, $2,054,916 of period the 3,590,969 10 •.; ..., ■ , •.; ;■. • . the to lease, Period End. April 30— Railway oper. 1956—Month—1955 , Net Net from rev. railway —V. 183, 4,959,454 " * 19,914,288 18,624,045 $1,738,416 $7,705,335 $7,963,101 * 785,465 684,278 3,501,678 This has GIVING With May 25, for 299,750 standing shares stock sulfide sales the shares of its additional subscription field the derived Horn for each production rest arch out¬ six Net the of the April 30, past and production guided missiles to and The tional funds credit ing this be liquid synthetic leather, electric, production missiles of plant a by thereof bank from or borrowing other under in th6 net 64% depend¬ sources, in the production polysulfide of of solid sales and Air in propellants for 1955 derived .766. p. to $13,530,000 Government from poly¬ corporation covering ai $9.25 The * J' * ' '• Lomasney notification (par " ■ * ' - r^'. * $1) Co., & the company's scheduled, V. to New with be the offered York, N. Y. sThe sq. John ferred from $1,500,000 ^ „, • ,; ratio; is the company's former expected 174, p. Newark, N. J. to have wide ' * aircraft •" .* -• plants which, sale See In the RR applications. ' above. this miles by 30-inch of North At were company of section to 75 the the Bay concluded in the South dip.meter steel Trans-Canada in present $32,000,000 and for Eastern level of deliveries New May & 24 Iron Line prices due *•, the to from Ltd. Winnipeg in of the 636 centre the West ...... . value of this commence in and re¬ Refrigerator Co., Inc., an David E. Feinberg, of the outstanding capital Jordon acquired all 1956. January, 7 r increased in each of the four months usAIRco control, Mr. Feinberg declared. Sales has been 25% up were March over month the for of and similar a increment i? May. planned for the Jordon 1956 upright freezers, an upright refrigerator-freezer combination and five chest freezer models, ranging in capacity from 8 to 25 cubic feet. Mr. Fein¬ berg also reported than an active product development program has created a number of significant changes and improvements to be incorporated in future freezer production. heavy and direct mail advertising is domestic line, which includes three trade of program warehousing plan has been established in nine key cities through¬ United States and a program is under way for further ex¬ A the out pansion this service. of duction available and June to commercial Philadelphia, St., domestic increased of making May, equipment pro¬ will be manufactured by a new and Jordon Commercial Refrigerator Co. The offices and plant at 2200 E'ast Kennedv units the established has end the at East Coast point for future manufacture conditioning equipment. However, after an air organization, firm new further for provide packaged the 1, separate refrigerators commercial of usAIRco of . Feinberg also revealed that the Jordon company will discontinue Mr. production for the Little Sister Mine for the a substantial portion of Little Sister's facilities. The operations of the Little with those of the adjoining Fiatt Mine and flexibility for the whole operation. ended year a This April common Pacific See its 183, Pa.—V. year ended April 30, compares 30, 1,103,648 on net equivalent 1955, share with Coast 49. p. Co. Borax . .. above. of after common Co.—Registers With SEC— States Foil United This company filed a registration statement with the SEC on May 24,. (non voting covering 193,500 shares of its class B common stock 1956, These shares are presently outstanding, and are to be public sale by the Estate of R. S. Reynolds and by Mrs. Julia Louise Reynolds, widow of R. S. Reynolds. The company will receive none of the proceeds of such sale. The public offering price —$1 par). for offered the for the stock at the time of to be supplied by amend¬ the principal underwriter. to the current market price will be related and the underwriting terms are offering; ment. Reynolds & Co., Inc, Is listed as the St/>te Is the seller of 108,000 of the the remaining 85,500. The shares being sold sold to obtain funds to meet tax obligations of the Estate and for other purooses in connection with administra¬ tion of the Estate, and those by Mrs. Reynolds, to diversify her assets. After completion of this sale and a sale being simultaneously made of shares of the common stock of Reynolds Metals Co. (see above), the Estate will own 171,990 shares of class B common stock of United States Foil and will also own the right and be obligated to purchase 21,010 According to the prosoect'is, shares and Mrs. Reynolds Estate the by Mrs. Reynolds will own 246,604 shares United States Foil and 3,080 shares of of the Reynolds common. shares class of being are B of stock common and, as Trustee of Reynolds common, a Trust of which she is income beneficiary, 88,200 shares of class A common of United States Foil. The latter now ha'< outstanding 360,000 class a snares and 4,863,836 class B shares.—V. for the preceding fiscal year, an an adjusted increase of 12.6%. 183, 2542. p. : totaled $45,563,9°4 compared with year the year amounted to 7,847,899 tons compared for the preceding fiscal year, a gain of 8%.— Coast Pacific See above.—V. Co. Borax V.. Co.—Merger Approved— United States Potash for The this company's Division Heating Batavia to Hokin declared, does not affect Unarco's Cooling will continue tc market a complete line of residential, industrial packaged units ranging from three-quarters Mr. and 183, 2228. p. and without former Unarco Heating line, in¬ the "Hydro-Pac" water chillers, the and unit in operations continue market units, will industrial and Radiant in turer who Kritzer, Henry Coils, world the contract April, exceeds 1957, and 29 growth Company Batavia "The heads the new company, Inc., of Chicago, of radiant is also President of of funds under which With Securities corporation 1956, shares filed a and with statement the SEC Tne company's business consists of John 87,500 D. shares; Murchison, Murchison to various methods "One of the methods of raising such addi¬ at the present time is the issuance of convertible into common stock of the be •' statement proxy of and with conditions convertible If debentures to them offer of the pany shares of pro however, explains, markets sale accordance on stock. to sale of sand, gravel, limestone, ready-mix concrete and other building materials and the manufacture and sale of chemical products and salt. The selling stockholders, and the number of shares to be sold by each, are: consideration giving to be should rata decided be types would upon, to holders of the amendment requires the that approached of be securities, decided in existing at the time of decision. common and of a the common company in¬ stock. favorable vote of two-thirds stock of the com¬ the preferred represented at the meeting.—V. 183, p. 931. Exchange Commission— registration 200,000 shares of its $10 par common represent presently outstanding stock arid are covering supplied by amendment. The been would Approval of the 25, growth will probably according to the consideration company." tends 111.—Reg¬ further for to stockholders. have directors debentures largest exclusive manufac¬ and fin tube heating coils. baseboard meeting of stockholders to its certificate of ?. special amendment an potential and the 2228. on to issue convertible bonds. raising additional funds this company requires for the maintenance Its business and properties and for working capital," said H. E. of heaters. Union Chemical & Materials Corp., Chicago, May vote to statement sent method Kritzer June permitting it require $50,000,000 to $60,000,000 in additional funds, tional "Dual-Vector" cluding held May 25 announced on company be organization Humphreys Jr., Chairman. will Inc. Kritzer, be otic-red for public sale by the holders thereof through an under¬ writing group headed by Allen & Co.; Bache & Co., and Reynolds & Co., Inc. The public offering price and underwriting terms are to be for the supply Co. pipe for the construction of Pipe Ontario. are on Steel in under came April proxy interruption These - York Durham it which usAIRco, production anticipated over horsepower. Batavia isters Trans Canada Pipe Lines, Ltd.—Awards Contract— Negotiations by United States Rubber Co.—Plans Debenture Issue— which commercial its to Co., Philadelphia, Pa.—Leases Cars— Missouri-Kansas-Texas of Inc, 183, p. due ' to since stock. outstanding. $1.71 to tons of sale, This Trailer Train combinations freezers for strength-to-weight industrial and of Jordon 2339. p. Kritzer, program. 1698. exchange outstanding. 7,265,162 183, convectors presently developing a Teflon tubing inertness, toughness, flexibility and low chemical —V. Springfield,. Mass., plant was completed June 1 as Spaulding, Executive Vice-Pre-idsnt and General is •; 7 home of United States Borax & Chemical Corp.- -Successor- Kritzer, Inc., Batavia, 111., for an undisclosed sum, has been completed, accord¬ ing to a joint announcement May 15 by Edwin E. Hokln, President of the Union and Henry E. Kritzer, President of Batavia company, to D. consolidation Titeflex capacity fiscal the production The Spiingiicld plant has been nelarged from 250,000 to 300,000 to accommodate personnel and manufacturing equipment trans¬ ft. for dividends Division, expansion of engineering and production facilities announced. Manager, TV production and Titeflex, Inc.-^Expansion— Consolidation and at ' D,. A. of expanding steadily Jordon of will stock for President stock Union Asbestos & Rubber Co.—Sells Division— letter a capital ',•*• :• operating subsidiary were announced on May 21 by pro¬ proceeds are to be used for* expansion and working capital. ; - . of agent shipped stock common then Coal A-* filed 21 shares through share, per May on 17.000 $706,508 $L04 v 4'. frigerator-freezer out¬ County, its subsidiaries for the fiscal and sales for the Net Titanium Zirconium Co., Inc., Flemington, N. J.—Files SEC in Corp. the of total of $40,466,087 which and polymers has increased of shares guided of research polysulfide Coal common Fulton In sales been and company with amounted from Sister all reports consolidated net income of $3,212,518 after Federal Income preferred Force. the-'balance 180, rockets and acquisition of the and $2,228,415 time.- and was contracts products.—V. ; The underwriter basis of one providing the Reports Higher Earnings— The 1956 The ; the the on underwriter andf consisting properties has assets shares compounds, and allied products, which including the adhesive, aircraft, building, and printing industries, and in research field Army company's duction share taxes, equivalent, after preferred dividends, to $2.51 a share on 1,149,530 the rubber molding the for approximately allied the construction Truax-Traer Canton river loading will be integrated Mine provide in various industries, used The at either is; engaged corporation mers, facility renewal or the solid propellent motors for being acquired in Northern is estimated at $2,000,000. Any addi¬ land on obtained conditions upon and of will agreement The are cost which shares Little Sister Ccal, including working capital, mining coal reserves, are valued in excess of $5,000,000. Net earnings resulting from the acquisition, based on the additional com¬ mon shares to be issued, are expected to be substantially in excess of the present per-share earnings, of Truax-Traer Coal Co. financing will be employed Initially to Indebtedness to Bankers Trust Company under the existing credit agreement. The missiles guided Utah. *999,750 shs. per the by Little its over The cap¬ new remaining proceeds will be employed for the development and production of of 12 years Sister 1956) for rockets Outstanding capacity of 800,000 tens. output poly- of propellant motors for rockets and It has outstanding 387,468 shares of company's at mill announced of stock near Tuax-Traer equipment proceeds Plans facilities FINANCING 6,000 acres of land, I'll., adjacent to TruaxTraer's Flatt Mine and include strip-mining equipment, a modern preparation plant and substantial coal reserves. The mine has an annual named Army and Air Force. ($450,000 50,000 one 21 May on Sister Little located ore underwriting and Brothers is (1) (2 > of stock. prepay at shares sold are sold. six capital shares 174,000 The holders share price Lehman products and allied and solid oi be to by 327,300 M„ $1,256,029 " $1.85 $0.25 .... Cr94,270 668,400 shares company > the SEC on capital stock. par subscription one date, caid $1 for of rate record are Polymers the ital 64,932 offered be with statement supplied by amendment, principal underwriter, Niokol's for at The registration a be to are the in to are held. terms PRESENT TO 1,000,000 shs. of maximum a purchase every standing Registers — Exchange Commission— filed covering 1956, shares Corp., Trenton, N. J. and corporation These as Chemical > 931. p. for Increased Production— Truax-Traer Coal Co.—Acquires 800,000 Ton Mine— Securities .This to share The Thiokol EFFECT cents) five (par includes right a entire 2228. p. 183, ) United States Air Conditioning Corp.- -Unit Sets Plans 3,182,664 inc oper. 1956—4 Months—1955 4,682,361 $1,752,889 ry. oper. stock Common $6,420,777 $27,619,623 $26,587,146 $6,712,343 revenue.-- Railway oper. expenses.. ;$111,150 -IT? Earnings per com. share —v. and gum Authorized V .j Ry.—Earnings— 1952.. 21, FOB Belleville, N. J. Under operator and/or Transit System vending $450,685 $0.66 Crl8,005 Cr42,398 V /. 12,700 Net income . A machine per the the purchase CAPITALIZATION Texas & Pacific $4.95 at years of terms 21,214 219,900 ' 3,590,969 $0.56 1956 April on income . located at 60 Park Place, Newark, N. J., chocolate from this company ex¬ clusively for the entire 10 year period of the lease. All shipments of gum and chocolate are drcpshipped by the manufacturer on behalf of the company and a gross profit of from 8 to 10% on all merchandise ordered by the vending machine operators accrues to the company. $2,023,492 $0.57 •. Jersey pay its own contract Net New capital. to used be company supplying $3,138,041 before Provision 1956 - income Profits in to are contracts for the manufacture of its vending machine, dies." The cost of the finished product to the com¬ pany is $3.95 FOB Bellevflle, N. J., per machine. The machine is then leased to the vending machine operators or Transit Systems for a Co.—Earnings Up— Quarter ended March 31— Gross working for used be BUSINESS—The corporation, was The Texas Pacific Coal & Oil to proceeds net PROCEEDS—The Closing of the transaction standing. 9 publicly 299,750 shares of common stock (par 50) $1 per share on a best-efforts basis. offered at of the respective compani:s. exchange 21,100 shares of its Presidents Mann, Securities, Inc., New York/ on May fered—Midland corporation will acquire the Wm. I. Mann Co., according to announced on May 29 jointly by J. E. Jonsson and Wil¬ agreement liam '(/ v <net)_ taxes— deductions Federal Increase Transportation Vendors, Inc., Newark, N. J.—Stock Of¬ Texas Instruments Inc.—To Add the Wm. I. Mann Co. - bi.L . to daily to serve requirements of ,7 *, capacity ;• Misc. 7 7v"... Transcontinental enable by approximately 104,500,000 cublc/leet increasing needs of existing customers and to'meet new customers.—V. 183, p. 2542. its continue to expand enable Texaco to growing field the ... would facilities additional The Frederic H. Holmes, Vice-President in charge of the company's. Research and Technical Dpartmerit, said the new quar¬ Beacon,' N. Y. .. . . Texas Co.—Opens Jet Fuels Laboratory— «; 87,500 Trusts, the production and shares; 15,000 Clint W. shares; Murcnison, and Jr., Agricultural Value Line Special Situations Fund, Inc.—Stock Of¬ registration statement covering 2,700,000 shares of capital stock (par 10 cents) filed with the SEC became effective May 28. The corporation, it is an¬ fered — The nounced, is prepared to receive orders for the shares of this Fund either at its West Coast office, attention Victor Dykes, at or 5 Room the the 1472, office East 44th of Russ Bldg., San Fund .Distributors, St., New York, N. Y. public will be $3 per Francisco, Calif., Inc.. The offering price to share.—V. 183, p. 2081. Value Line 58 The Commercial and Financial Chronicle (2698) of stock common price on of grant at April 18 offered to its employees 22,995 shares (par $2.501 at $12 per share or 85 % of market option employees certain to and $12 certain to employees. The porate capital working for used be general and cor¬ offered hereunder pur¬ Option and Install¬ Company for Certain Salaried and Hourly Paid Employees," known as the "Vcnguard Pian." This plan will make 8,720 shares of the company'3 authorized but unissued, The company to the level the terms and Plan with to employees at Head or Foreman, and, under slightly different shares of such stock available for options to all 14,275 of the the available stock for option to stock $12 of ployees, the option. Plan in or the are figure price to shall Section part within The option price is 85% of the market value on the date of the grant of the option, company whichever option this whole Heads, lite share, per under who company company. Section For the in part option at be the $12 share. per be may Venguard For greater. option An exercised at of or Em¬ granted in time any from, the date oi the grant of the y;ars one-fifth to as is Holds five time any during in January, nership by the of of the business the of the world shares subject thereto ex¬ of coin operated used for a Street, This SEC and production for and of & the other ..." and branches f. s. Cumulative Series I, Common established operated renders en¬ preferred Sept. the 55% a EFFECT TO 1, stock 1956— engaged contemplated ($50 and Forces and owned PRESENT par)_ par) that all shares The W. to ' V;" facilities, motels, ln Net 1955 to Outstanding $1,375,000 *10,370 shs. +818,720 shs, Section Venguard V"i. _ previous worth Heads. Employees ,V .'*>%■ "... , L' year.—V. Vice-President, of Wagstaff hot no "V It is will ''' ' —V. be V''■ : ■ facilities, h'ghest in company $16,876,297 in 1954. $F42,379 183, in in offered Atlanta, at Ga, ($1 par The 1955 history, 183, to are factories, reaching $20 ...> with $592,728 Ended Months the April 30— '■ . ,* Total 1956 - ' % 539,000 > $96,728,000 $85,077,000 — interest, etc._ depreciation, 72.923,000 78,799,000 8,800,000 income on Net income -5,900,0001 $9,129,000 249,000 _______ — ' Dividends on Dividends on 1955 ' 1,173,000 income taxes preferred stock common stock „ • $6,2*4.900 253,000 > - 3,706,000 ; surplus———! Balance, Income —V. 2229. p. _____ — stock——„ per share of common 183, • . * $5,174,000: $2,558,000 $1.79 $1.22 E. with Sinclair be To Oil held Gas & aad said, "form a Co." ■ •,* ' notification without used to manufacture about operated Western Corp.—Management Slate of Elected— the recently-elected board of elected: were Rn«°rn ™" Ber,lin; We;316? R- Frysztacki, Harry S. Pack and Gareth W. cPh f f tp the boards of both Vertol International Corp. and Vertol Aircraft Co. $300,000 year, a and the assets 183, Royalty Permian of 1799. p. (Canada) ♦v.?16* n?anafement's full slate the stockholders at the Registers Stock is annual of 10 "directors meeting, It had been announced was elected on by May 11. one and share new stock for to its operating . Rail, each shares 12 held and 10,000 underwriting group headed by The First White, Weld & Co. has agreed to purchase price any Net of the proceeds by the 92,237 from not shares the sale of company shares of the subscribed the additional Boston Income after income 7,349,192 taxes Net —V fund 29,383,228 Federal .. 853,137 after income tal 7,039,210 and 1,030,084 3,304,439 the subscription at for holders. by 2,623,601 items decreased Net earnings shares will '%'//•' ' I %%y': PiimX rental and Film r^n°^hs television Other from income — Mar- 31>'56 April 2,'55 $8,379,694 share. expansion, to 12 2,327,793 $9,876,175 5,366,555 are also this after per share. common the period.—V. payment p. to 62 and cents per of non-recurrhig costs of $1,554,739, sales Net 183, amounts other amounting income totaled" 1661. the for ofProductlon costs— ™ 517,627 General, administrative Interest expense and 986 308 2,050,279 1 449 619 212J09 selling expenses—_ .__ 5,086,767 1,178,538 1,429,283 Distribution costs—prints, advertising, etc._ applicable to other income Costs 204 339 __ Stories and pre-production costs abandoned Estimated taxes on Income $1,418,850 652,840 shares outstanding.—V. 177, on fkr the first $18,886,052. earnings sales net of This is up on net over lor the sales first Increased K, offering, which was made May 23, of 1,156,250 shares of common stock at $2 per share by Paine, Webber, Jackson & Curtis and as¬ sociates, was quickly oversubscribed. For details, see V. 183, p. 2585. on four months of of $15,699,417 better than four months of Bailey, shipments for the $781,252 last President, for each last 1956 year said: month on four in net "New in $1 786 841 were Offered—J. J. Holland Securities Co.,- Inc., New York, N. Y., and Daggett Securities, Inc., Newark, N. J., on May 16 publicly offered 3,000,000 shares of common would " . •» .. \ • Castle, Wyo.—Offering * .%/'■ it was - Commission, ; ■ announced on of 3,310,000 shares and $8,000 (net) were property certain issued and to pro-; for leases L. M. York of New Castle and offering circular are false *' material respects and that the stock offer ng "did % as a fraud and deceit upon the purchasers" of More particularly, it is asserted <1) that there was a in operate Oil stock. disclose to tional S7,f00 in par that York well as value of for consideration claims, the Oil, contracted had i-sue to addi- an failure tc as,, a stock to Greenfire Uranium Corp. unpatented mining lode de cribe these claims; (2) that, with ctmmon transfer of - certain respect ,to 767,000 common- shares issued to Earl E. Fe'ir for certain properties, there .was a failure to disclose that, in selling such prop-, erties, Fehr was acting for himself and others end part of the stock him resulting that contrary mon shares that all accepted was "'that- the 1956. to the issued officers and as a failure to dis¬ renegotiated about Jan. 3,• 233,000 s'-areS; (3) additional that representation to well as was an of the none directors has been 3.310,000 com¬ transferred a is still held by them, the officers and directors either sold portion of the shares and t'-e cash receivd was a mitted to issuer their for others, purchase contract in the issuance ot agreed to sell the initial disclose in purchase that Oil York with payment for of stock; and the have may the (4) $8,000 that incurred foregoing—V. 181, p. a cash there consideration was contingent fail ure a liability ,.d or re-*, on:. to* in 2847. stock (par 5 cents) at 10 cents per share as sales orders of earnings of 1955, and registered for which rose and and as exceeded a result the the net drilling well and was lounded bushes nurseries, $11,610,073. have a speculation. Zonoiite Co.—Elects J. B. Myers President— John. B: Myers has been elected President of this company. Formerly Vice-President in charge of mining and production, he succeeds A. T.¬ Kearney, A on BUSINESS—^The months net 1956; be (Russell) Wilson Industries, Inc., Winnsboro, Texas— PROCEEDS—The the will ■* Stock substantially from the $1,209,097 In net earnings reported $1,000 000 Walter Offering Oversubscribed—The public $0 66 2684. p. Warner & Swasey Co.—Reports Increased EarningsNet Stock year $430,048 *$2.17 . share per common •Based 90 556 45o|ooo — current York Oil's notification that misleading connection Net profit Earnings 114,018 1,750,000 Eagle International Oil Co. . pianos, the Commission asserts that it has "reasonable grounds its order, believe" issued, to White 1955, 13, sum close 7—r; More President, said on May 16.—V. 183, p. 714. /> which ,they expended $21,300 in acquiring. is President and principal promoter. York 1,496,481 $12,859,321 dividends, results pre-production and start-up cents $95,068,150 for comics, licensing cartoon characters and music preferred These the for • July outstanding failure provision for common business Exchange and profit. a Regulation A notification was filed by York Oil on June 3, proposed the public offering of 10,000,000 scares of capital stock at its 2c per share par value, or an aggregate of $200,000. It was organized in February, 1955, under Wyoming law for the purpose of acquiring, exploring, developing, mining, owning, operating and otherwise dealing in uranium, vanadium, oil, gas and other-natural resources and mineral properties. Of its 5,077,000 stums v Whirlpool-Seeger Corp.—Quarterly Results— After at The to $3,762,062. than that are V".-.' and coin-operated phonographs during the preceding year. organs, sold and indications of of share share per per 1955, ""and 2229. were operated $1.68 or common ' 1956, net profits after taxes company $1.75 to of stock by this company. The order provides an op¬ portunity for hearing, upon request, on the question whether the suspension order should be vacated or made permanent. and first quarter of - " 23, In 2,677,134 the electronic ' motors p. * . public offering proceeds of the sale will be used by the company for the repay¬ certain bank loans and for general corporate purposes.— 183, p 2013. 183, . has Issued an order temporarily suspending a Re juration a exemption from registration under the Securities Act cf 1933 for a ; of above.—V. broad- to year. of pianos, Securities The May Westinghouse Air Brake Co.—Notes Placed Privately company has placed $7,500,000 in 25-year 4% sinking fund notes, due May 1, 1981, with institutional Corp. preceding Suspended— —This Oil the for York Oil & Uranium Co., New offering of 15,171 shares of common stock (par $1) at $5.50 per share, with a dealer's concession of 28 cents per share, made through Central Republic Co. Inc., has been completed (see details in V. 183, p. 2013). —V. 183, p. 2464. Sinclair > ' ,•** 3,696,808 newspaper . while sales of defense year ago, over a $1,463,145, equivalent compared with $1,400,166 satisfactory, R. C. Rolfing, . Westpan Hydrocarbon Co.—Stock Transfer Completed $10,531,528 , income publications, * price." . manufactured were 27,652,915 Subs.)—Earnings Up— \ . renamed WPFH, were divisions All electronic cent secondary V. stock common Western Utilities Corp.—Offering Completed—The re¬ ment 75'% stock, common Present ■ •: For the Walt Disney Productions (& • For the year sales-of the compaay's civilian products increased 10% be common is to be (or has been) preceding yiear. to Western Massachusetts Electric Co., its prin¬ be applied by it against payment of short-term and 772,740 - substantial reduction of defense work, net sales of the the fiscal year were $35,448,646 compared with $38,- a 912,786, for the 1711. p. See 605'978 ^ such . WD EL-TV for company sinking ni83 ~p""2584"""~~ for (Rudolph) Wurlitzer Co.—Sales Off—Earnings Off— subsidiary, tc bank borrowings incurred for interim financing of construction and for other corporate purposes. Such construction program is expected to cost approximately $24,500,000 during 1956 and 1957 and to require financing in addition to this offering of about $17,000,000.—V. 178, . caoi- available be Channel 12 near Wilmington.]—V. 183, p. 2229. on Despite Corporation The 1956—Month—1955 1956—4 Mos.—1955 $9,633,400 $9,502,710 $38,548,182 $36,722 245 revenues operating expenses railway operating Net will and selling at substantially more than the subscription now cast employees. investors through The First Boston Corp. Wabash RR.—April Earnings Off- funds (station registration statement was filed with the SEC by this company covering a proposed offering of 92,237 additional shares of its com¬ mon stock (par value $1), to its common stockholders on the basis Ltd. J584. Period End. Apr. 30— Rai its cash quired by that act before any resale and the original subscribers of the company's outstanding stock and debentures might have a right of rescission. The company denies anv such right and in addition believes it unlikely that any claim will be asserted since the stock v p. had-acquired for $1*000 when the company was formed. > proceeds of the sale of class a shares by WPFH will be Net A lent 9on„R' Ber2?» A. Felix duPont, Jr., John Floberg, John M. Schaeffer W were elected to fche corporation's Executive 183, Harron.-received 465 class B shares in addition to the 1,0OQ sueh shares - of Company No. 2 both in West Texas.—V. chemical \ Commiftee61 ——V. the public offering of 125,000 shares of class B stock at the J offering. Organized on JQne 10, 1955,. WPFH in July 15, 1955, acquired (from Harron and others) all of the • outstanding stock of Seaboard Radio "■? Broadcasting Corp., which since- 1936 operated-radio station WIEG in Philadelphia. For this Seaboard stock, WPFH issued 1;200,900 shares, of its clas^ -A and class B stock, of which Harron received 949.109 class . B shares,. John Morgan Davis, 8iO,7I3 class a shares, and a third Sea¬ board stockholder 170,178 class a shares. -The company also issued 1,208,313 class A shares and 1,191,562 clas§ B shares and $95,125 of debentures for the assets of WDEL, Inc., of Wilmington, which operated . \\ . President and controlling stockholder of the company; Harron, .. by Western Ventures, Inc., a wholly owned Development CO., the acreage supplements two other recent oil producing acquisitions of Western Development which included the assets of Mesa Oil Co. and other Interests, with current of F. over-the-counter market price for the stock at the time of such . .' V. Scorah Mr. . on May 25 added corporate purposes as the directors may determine, including additions to work in-? capital v and expenditures made and to be made for new quarters. The corapany'S+rleese nn premises .at 1425 Walnut Street,, Philadelphia, Pa., where its principal executive offices were located, expires May 31, 1956; and the company has moved or is moving such offices and installed and equipped studios on the top floor of the Pennsylvania Suburban Station Building in Philadelphia; at an estimated cost of approximately $250,000, most of which is payable in instalments over a period of three years. ■, .-t. %.'! -• ■, .'<• Following the sale of the 125,000 class B shares by Harron, he will continue to own 1,290,109 class B shares - ( approximately 60%). The ..prospectus indicates 1 hat 1,"093,404 shares of class a common, 1,728,721 shares of class B common, and $80,125 of debentures, constituting all of the other securities which on May 11, 1956, were still owned of record by the original purchasers thereof, are being registered "because of the possibility (which the company contends is not the fact) that some of such purchasers may have acquired such securities for resale to the public, in which case they would be underwriters as defined in the Securities Act of 1933. In that event registration would be re- logical and important integration with Western Development operations in southeastern New Mexico where the company has recently commenced an active drilling program on approximately 2,000 acres under a farm-out agreement properties," Pa.—Registers Commission— % " Exchange filed a registration statement with the SEC shares of class A, common stock, $1 par, 1,953,721 shares of class B common stock, $1. par and $80,125. of-5% subordinated income debentures, due I960. According to.the prospectus, all of these ... securities are issued and outstanding except lor 150,000 eiass A shares which thaeompany proposes to offer for liublic sale. -These shares are * , to be offered for-publie sale at $1.87% per share,* with a 25c per share % commission to the underwriters, headed by Boenning & Co. of Philadeh-" phia. In addition to this offering of class A shares by the company, This company he Co.—Acquires Additional Props. President. Scorah, "The and covering. 1,243,404 i has company Securities WDEL-TV. - These securities were -dssued to the various n*rsons whohad furnished consideration for the purchase of WDEL stock, on the basis o| one share or $1 of debentures for each $1 so furnished. Mr. 3,443,000 i < , proposes r $95,555,000 $84,538,000 Income Operating expenses, Federal common Berlin, President and Chairman of the Board; Weslev R. Frysztacki, Vice-President and Secretary; Harry S. Pack, William Davey and Lee L. Douglas, Vice-Presidents; Gareth W. Speer, VicePresident, Treasurer and Assistant Secretary; Hamilton W. Lord, Con¬ troller; and John A. O'Hara, Assistant Secretary. „ Subs.)—Earnings _ Miscellaneous , "With ■ • Western Massachusetts Companies A °nr,Ma£ 14' 1956, the following officers r v - non-voting common stock through Franklin Securities Co. be ■" u used sales Net Forgan Edgar, WPFH Broadcasting Co., Philadelphia* be Paul An letter of a ..A',a regular organizational meeting nit R. r>S will Glore, company, program 1280 p. cipal Don offering ihe construction Offering— compared class share) per proceeds of &P0€iftitl6«5. Vertol Aircraft persons Transportation 1903. p. covering 175,000 shares be persons stations. +.Thee^COrpora1tIon,-Pn **ay 14 nied SEC to lunch company year. are Chemical Co., Inc., Atlanta, Ga.—Files— the underwriting and West Virginia Pulp & Paper Co. (& of Vero price and Co. and by terms to finance in part the and for general corporate purposes. $5,000,000 of the funds required for this program have already been obtained through the sale, in February, 1956, of $3,500,000 of bonds and 60,000 shares of preferred stock. It is estimated that expenditures- for construction of additions and improvements to the company's properties and those o* its subsidiary during 1956 will exceed $8,200,000. A portion of such expenditures may not be completed during 195G and may therefore be carried over into 1957. of 1956 company's income his this added, the to said machines new Mr. with with rose supplied proceeds subsidiary them, service were compared income for schools r!^rs' the of¬ with statement purchased for $112,000 cash a 280-acre, oil property in the Artesia Field of Eddy County, N. M. with four producing wells and three undrilled locations representing estimated reserves of 225,000 barrels, according to an announcement on May 29 by William 30,000 shs. optioned ' .. Executive $2,000,000 maikets P 799,450 Wagstaff, sell best The public offering by amendment. Inc. Western Development Plans Large SalesRobert be Net This stock.- -.1,' expects registration a The FINANCING 12,200 shs. 1,000,000 shs, ______ (treasury) ' Co., & to are in equipment Armed $1,500,000 dividend—. ($2.50 filed 28 and subsidiary, V., located in Mexico City, Mexicb. de C. a. due $2.25 stock reacquired -V > coin has radar of •Reflecting redemptions to March 1, 1956, ^Including only the 8,720 shares optioned to - of Authorized note investment to . 4%% types sub-contractor a electronic various company Montiel, s. May on 170,000 shares of its $10 par common stock, to be public sale through an underwriting group headed ior Blyth machines. These Coca-Cola, milk and ice manufacturers. 1951, company covering fered vending bottled of Kansas City, Mo. At largest manufacturer in the be manufactures CAPITALIZATION GIVING * 12th refrigerated contractor components aircraft Milwaukee the adviser organized in 1930. The present Dec. 31, 1937. Its principal place coin changers and other products, manufacturing services under contract with others, prime design aircraft Vendo was originally in¬ succeeding a part¬ Co., machines, as In Sales & Co. By definition Ricker & Co.,- investment manager of Wisconsin, and Glore, Forgan are affiliated of Wisconsin, and Milwaukee and Edgar, Ricker are affiliated of each other.—V. 183, p. 2464. The under Co.—Registers With SEC— was sale the also company gineering and the which name corporation, the company is believed to The vending both 1956.— period. Vendo as are machines cream. same such Missouri a 1937 company was adopted located at 7400 East is present, the of remainder the for cludes Six BUSINESS—The company, corporated name level high a West Coast Telephone pires at the end of each year during the five-year period. The option period for Venguard Employees is two years from the date of the grant of the option period, and the option may be exercised in whole or at 1799. p. order granting exemption from the Investment Company Act with respect to the of this Milwaukee' investment company, to purchase riot to exceed 2,500 shares of the cumulative preferred stock of Anderson Prichard Oil Corp., which has proposed the public offering of 200,000 shares of preferred at an initial public offering price of $50.50 per share. The offering is to be underwritten by a syndicate which in¬ stock "The Stock of members of the Venguard Club membership requirements of which is five years' continuous service the 183, May 29, has issued an proposal Vendo The common Section up the issue provisions of of employees to proposes terms Purchase reacquired, or operations 'Swasey V. on an purposes. suant ment Bailey added that the continuing strong trend in the construc¬ industry, and the recogniticn by metalworking companies every¬ where of the need for plant modernization appear to assure Warner tion & will proceeds The SEC, it was announced Mr. Monday, June 4, 1956 . . Increase Investments— Wisconsin Fund, Inc.—To the first months." lour company approximately $2,000,000 in company's backlog has Increased Co., Kansas City, Mo.—Stock Offered— Vendo The . sv»per wells in located and proceeds for working corporation, in are 1935 nursery to be W. to to Russell Russell Wilson, for the Wilson produces over-the-counter dealers, national chain stores, markets. It also owns oil leases and near bank loans, Nurseries, processed sales department two Winnsboro, Texas.—-V. 183, .$2,000,000 p. 1661. oil are Co., to to employ Zonolite as Chairman. Board headquarters building for National Oil Line the latest prominent insurance lightweight /ermlcuite plaster firej.r- ofing, ac¬ Co., Chicago, minors and manufacturers of ver- Little Rock, Ark., is miculite. to stores producing Its principal business and properties cording continues who new, Insurance structure florists, Camp County, Texas. repay capital. successor by stock used Other recent insurance plaster include the in structures Prudential featuring-lightweight Insurance Co. new vermiculite Mid-America offices1 Chicago; American Hardware Mutual Co., Minneapolis; and five separate insurance headquarters buildings in Jacksonville, Fla.—V. 182, p. 2736. - Volume 183 Number 5539 . . The Commercial and Financial Chronicle . (2699) BOND PROPOSALS AND NEGOTIATIONS -• ALASKA ^':v7 America National Trust & Savings V, Anchorage, Alaska , f Derails—The follbwr Bond Sale ving Association, of San Francisco, at -(/'! were associated with Foster & •Marshall: Blyth & Co., Inc., and the Allison-Williams Co. in the price of ,100.02, of about 3.21%, 1957 as follows; (4 inclusive. on ;59,000 3%s. Due school bonds ■/.')' purchase various ously May 23 of $2,524,000 purposes bonds, previ- 420,000 3s. Due on referred in to V, 183, June 15 from on ' Clovis Sch. Dist., Fresno County, * 1962 to 1975 inclusive.:; > i -n-' . 330,000 3y4s..,. Due on June 15 from 1976 to. 1986 inclusive! p. Bond California Sale—The $92,000 build¬ ing bonds offered May 22—v. 183, p* 2342 — were awarded to Hel¬ per, Bruce & Company, as 3V2s, at a price of 100.02, a basis of B. *J. Van Ingen & Co.; ^ Allyn & Co.; John Nuveen y Other members of .the syndi¬ & Co.;. Stranahan, Harris & Co.; cate: American Trust Co., of San Schwabacher & Co.; -F.- Brit- Francisco, Harris Trust & Savings '* tain Kennedy & • Co.; Season- Bank, of Chicago, Weeden & Co., about 3.49%. v / * x good & Mayer; Woodard-Elwood Dean Witter & Co., Merrill Lynch, Eastern Municipal Water Improve¬ & Co.; Badgley, Frederick, Rogers Pierce, Fenner & Beane, William R. Staats & Co., Lawson; Levy &< ment District No. 2 (P. O. Hemet), & Morford, Inc.; E. Ray Allen & California Company; Townsend, Dabney & Williams,. Kaiser & Co., Stone & Bond Offering-TRuth E. Norton, •Tyson; Pohl & Co., Inc.; Wm. P. Youngberg, H. E. Work & Coy Secretary of Board of Directors, ; Harper & Son & Co., and Stroud Irving Lundborg & Co., Shuman, receive sealed bids until Agnew & Co., and C. N. White & will & Co. * 2 p.m. (PDST) on June 6 for the Co. v ' The syndicate purchased the purchase of $300,000 water im¬ bonds as follows: Alvord School District, Riverside provement bonds. Dated July 1, $275,000 telephone general obliga¬ 1956. Due on July 1 from 1961 to County, Calif. tion and revenue Bond Sale—The $20,000 build¬ bonds as 1986 inclusive. Principal and in¬ 3V2S, at a price of par. Due ing bonds offered May 28—v. 183, terest (J-J) payable at the Dis¬ on July 1 from 1957 to 197Q p. 2586—were awarded to Dean trict Treasurer's office, or at the inclusive. 7 V.. Witter & Co., of San Francisco, at Bank of America National Trust 450,000 water general obligation a price, of 100.57, a net interest & Savings Association, Los An¬ and revenue bonds at cost of about 3.37%, as follows: geles or San Francisco, or at any par, as follows: $275,000 3x/2s, due on $5,000 33/4s. Due fiscal agency of the District in July 1, 1967. July 1 from 1957 to 1969 in¬ Chicago or New York City. Le¬ 5,000 3y2s. Due July 1, 1968. V, clusive; and $175,000 : 3%s, 10,000 3'y4s. Due on July 1, 1969 gality approved by O'Melveny & due on July 1 from 1970 to and 1970. Myers, of Los Angeles. 2586: A. C. was ings Association, cisco, as follows: Fran¬ San of • 9,000 4V2s. Due 1966 to June 15 from on inclusive. 1971 ing bonds offered May 28—v. 183? p. 2586 — were awarded to the National America of Bank Trust Savings - Association, of San Francisco, at a price of 100.25, a net interest cost of about 3.74 %# follows: as $8,000 Due 15, 1956. Principal (J-D) payable at the County Treasurer's office. Legal¬ 13,000 33/4s. ity approved by Orrick, Dahlquist, Herrington & Sutcliffe, ofr San 6,000 3.70s. July on 1 from inclusive. 1965 1958. to Dated June t . 4s.' and interest Due ^ July 1 from on 1966 to 1977 inclusive. • « Calif. $27,000 build¬ Sale—The Bond & * K $14,§00 4Y4S. Due on June 15 from -1957 to 1965 inclusive. * ' $23,000 sold to the Bank of America National Trust & Say¬ July 1 from 1977 to 1979 inclusive. . . on School District, ; Union Sacramento County, Bend Sale—An issue of July 1 from ' • Sutter County, Calif. V; 1963 to 1976 inclusive. f- o Lewiston School District, Trinity July T, 1961 on ■ 280,000 3s. Due June 15 from on 1961 to and 1962. ; net interest cost a $150,000 5s. Due 4(1,000 2%s. Due a 59 1978 Due July 1 from on 1980 to inclusive. ; .. • Francisco. Walnut Creek School District, , - • • , Sale—The $1,000,000 hos¬ bonds - offered May 28—v. 183, p. 2342—were awarded to a group composed of California Bank, Los Angeles, Braun, Bos- pital worth & Co., Inc., and Paine, Webber, Jackson & Curtis, at a price of 100.05, a net interest cost of about 2.45%, as follows: $220,000 3s. Due 1957 1976 inclusive. • 1,500,000 !•_ . street improvement obligation a n d as¬ general • sessment bonds at par, as lows: fol¬ $770,000 3*4s, due on July 1 from 1957 to 1962 in¬ - clusive; due 1971 $730,000 3x/2s, 1 from 1963 to July on inclusive. 150,000 ; and sanitary general sewer obligation and assessment bonds as 3%s, at par. Due on July 1 from 1957 to 1964 in• ' elusive. 149,000 i park bonds general obligation 3y2s, at par. Due on July 1 from 1960 to 1971 in¬ as clusive. C ' ' 1 • ; : . • '• ARIZONA . • Apache County High School Dist. (P. O. St. Jatpes), Ariz. Bond Sale—The $185,000 school Bloomington School District, San Bernardino County, Calif. •Bond Sale—The $155,000 build¬ ing bonds offered May 28—v. 183, p. 2465—were awarded to Blyth & Co., Inc., of San Francisco, as 3y2s, at a price of 100.35, a basis of about 3.46%, Bullard . . 28—v. to 183, tion, Blyth & Co., Weeden & Co., Dean Witter & Co., H. E. Work & Co., and C. N. White & Co., at a price of 100.06, a net interest cost of about 2.85%, as follows: $69,000 5s. Due 1957 E. offered May Offerman Co., 1962 of to 1972 ceive - sealed (MST) chase • bonds. on - <• June on of bids 15 for 8 p.m. the pur¬ $140,000 water revenue June 1, 1956. Due Dated June until 1 from 1962 to 1980 in- elusive. * Principal and interest (J-D) payable at the City Treas- urer's office, or at the Valley Na¬ Bank, Willcox. Legality approved by Gust, Rosenfeld, Divelbess & Robinette, of Phoenix.. tional _ , 1 Yuma County Hospital Dist. No. 1 (P. O. Yuma), Ariz. on School District, Calif. received purchase $338,000 2 p.m. (MST) purchase of on June 25 for the $750,000 hospital 30, 1956.' Due 1959 ; • - to 1978 on Dated June inclusive. June 30 from Principal and interest (J-D) payable at the County Treasurer's office. Legality approved by Gust, Rosen- tfeld, Divelbess Phoenix. - & (Robinette, t, . ' * , of " ' Central r Alameda County Flood Control and Water Conservation Districtr Zone No. 2 (P. O. ;, Bond control Oakland), Calif. Sale—The bonds ■ $900,000 flood offered May 29—v. 183, p. 2586—were awarded to a syndicate headed by the Bank of 2%s. Due 2V2s. Due 270,000 June 8 from on .June 8, 1961. 270,000 June on * 8 from 1962 to 1970 inclusive. 90,000 23/4s. Due on June 8 from 1971 to 1973 inclusive. ; Fresno No. County Water Works Dist. (P. O. Fresno), Calif. 16 Bond Sale — was An issue of $115,- sold to Gross, Rog¬ & Co., of Los Angeles, as 4s, at a price of par. Note—All bids for the foregoing ers bonds (originally $125,000) were rejected when offered on May 15. Fruit Ridge School District, Sacramento County, Calif. > $45,000 build¬ Sale—The ing bonds offered May 28—v. 183, p. 2586 — were awarded to the 100.22, bids at his building 1956. to bonds. Due 1966 San Dated June on inclusive. 15 sealed Chula on June from 15, 1957 Principal and City School District, Diego County, Calif. v. Bond Sale—The $439,000 school bonds offered May 29 — v. 183, p. 2586—were awarded to a group composed of the Bank of America & Savings Asso¬ ciation, - San; Francisco; Harris Trust &; Savings Bank; Weeden & Co.; Merrill Lynch, Pierce, , & Beane; Dean Witter & Co.; J. Barth & Co.; Lawson, Levy & Williams; Stone,; & Youngberg; Fred D. Blake & Co.; and C, N. White & Co., at a price of 100.01, a net interest cost of about $60,000 3.11%, 5s. 1958 to as follows: Due on July 1960 inclusive. 1 from America of National Association, Savings Trust of a.m. the County Legality ap¬ proved by Orrick, Dahlquist, Her¬ rington & Sutcliffe, of San Fran¬ (J-J) payable cisco. Weaverville Sch. Dist., District, Angeles County, Calif. Sale The $2,000,000 — Association, as follows: ings cisco, & Savings Association, of San Francisco, as 2%s, at a price of 101.44, a basis of about 2.63%. Other members of the syndi¬ cate: Blyth & Co., Inc.; The First Corp.; California Bank, Los Angeles; Dean Witter & Co.; J. Barth & Co.; Merrill Lynch, Pierce, Fenner & Beane; William R. Staats & Co.; Shearson, Hammill & Co.; Schwabacher & Co.; E. F. Hutton & Co.; Kaiser & Co.; H. E. Work & Co.; Stone & Young¬ berg; Irving Lundborg & Co.; Wagenseller & Durst, Inc.; Hill Richards & Co.; Redfield & Co.; Fred D. Blake & Co., and C. N. Boston White & Co. , w $47,000 building July 10, 1956. Due on July 10 from 1957 to 1973 in¬ clusive,/ Principal and interest (J-J) payable at the County Treasurer's office. Legality ap¬ purchase bonds. of Dated . proved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Fran¬ cisco. Las - . Sch. Dist., T Los Angeles County, Calif. 'Bond Offering—Harold J. Ostly, Clerk of Roard of County Super¬ visors, will receive sealed bids at his office in Los Angeles until 9 a.m. (PDST) on June 19 for the purchase ' of $45,000 building bonds. Dated July 1, 1956. Due Virgenes; Union 15, 1956. Principal (J-D) payable at the June and interest County Treasurer's office. Francisco. San CONNECTICUT Connecticut (State of) Expressway to Cost Additional $47 Million The — Bond State Committee, at the behest of Gov¬ ernor Abraham A. Ribicoff, on May approved an additional $47,000,000 bonds to fi¬ 31 issue of construction nance Greenwich 129- the of Killingly Ex¬ which is scheduled to opened on Dec. 31, 1957. The Bond Offering — Bids will be additional money will be required, received until 10 a.m. (PDST) on the Governor said, in order to June 21 for the purchase of $35,-^ meet rising land, materials and 500 building bonds. Legality ap¬ labor costs. The revised total cost proved by Orrick, Dahlquist, Her¬ of the project is $445,000,000, and rington & Sutcliffe, of San Fran¬ $200,000,000 of bonds have already Ready Springs Union School Dist., Nevada County, Calif. pressway cisco. been - . . San Bond be The added cost of the sold. facility is expected to result in a Fernando, Calif. hike Offering—Ray A. Woods, will Clerk, City in eight toll until municipal improvement bonds. Dated June 1, 1956. Due on June 1 1957 from inclusive. 1981 to Principal and interest (J-D) pay¬ at the City Treasurer's of¬ able fice. Legality approved by O'Mel¬ & Myers, of Los Angeles. veny Sebastopol School Union Sonoma County, District, hansen, Clerk of Board of County Supervisors, bids his at until 2:30 p.m. for the receive will office in sealed Santa (PDST) on Rosa June 6 purchase of $270,000 build¬ ing bonds. Dated June 1, 1956. Due on June clusive. (J-D) , 1 from 1957 Principal payable Treasurer's at office. * house to Sale bonds 1981 in¬ — offered as 3s, at of about — 2.92%. (P. O. Trumbull), Conn• Trumbull Offering Finance, the at 961 3 of Bridgeport-City Trust Co.^ Bridgeport, St., until (DST) on June 7 for the purchase of $450,000 Town Hall Dated June bonds. June from 1 clusive. Principal County payable at and payable at the County Treasurer's rington & Sutcliffe, of San Fran¬ Rugg, cisco. Levine. of Bridgeport. of Due interest approved Ropes, Gray, 1956. aforementioned the Legality 1, 1957 to 1976 in¬ interest bank. Paul J. Kir- will receive sealed bids Main p.m. on — Chairman of the Board mayer, the ap¬ 24 price of 100.60, a basis a and Legality May 183, p. 2465—were awarded to Laird, Bissell & Meeds, and Day, Stoddard & Williams, Inc., jointly, v. Bond P. Jo- of the Derby, Conn. The $125,000 fire Bond Calif. Bond Offering—William each at gates to the Ex¬ from 15 cents to 25 cents. pressway 000 costs entrance proved by Orrick, Dahlquist, Her¬ office. Legal¬ ity approved by Orrick, Dahl¬ quist, Herrington & Sutcliffe, of July 1 from 1957 to 1979 inclu¬ sive. Principal and interest (J-J) on Fran¬ 1966 to 1977 inclusive. Dated purchase of $250,- Supervi¬ sors, will receive sealed bids at his office in Stockton, until 11 a.m. (CDST) on June 14 for the San to 1965 inclusive. 1958 mile 7:30 of of 24,000 4 Xz4s. Due on June 15 from National America of bids Board sold to the Bank was of America National Trust & Sav¬ Trust Bank June 18 for the the . $16,000 4x/2s. Due on June 1 from Joaquin County, Calif. Bond Offering—R. E. Graham, of Trinity Sale—An issue of $40,000 Bond school bonds receive sealed p.m. (CDST) on Clerk at office. Treasurer's building bonds offered May 29—v 183, p. 2343—were awarded to the San as 3%s, at a price of basis of about 3.73%. a School un¬ (PDST) on June 6 for the purchase of $400,000 school bonds. Dated July 15, 1956. Du^ on July 15 from 1957 to 1976 in¬ clusive. Principal and interest July 1 from on Glenwood School District, San $90,000 Vista Trust & June San National Bank Bernar¬ (PDST) purchase of a.m. the for in office dino until 11 18 receive „ . on Unified Bond Francisco, will . ^ Due 5s. Supervisors, Bernardino Fenner CALIFORNIA Trust 1957 to 1960 inclusive. School District,, San County,. Calif. Bond Offering—Harry L. Alli¬ son, Clerk of Board of County I . improvement bonds. $60,000 bonds. Myers, of Los Angeles. Odom, of the Board of Superviwill receive sealed bids until the to National Savings Association, and C. N White & Co., jointly, at a price of 100.08, a net interest cost of 2.67%, as follows: Bond Clerk L. awarded America of & building sors, ■ - R. — Bank until June 25 for the of interest (J-D) payable at the County Treasurer's office. Legal¬ ity approved by O'Melveny & Bond Offering : 2586—were p. Bond Offering—Sealed bids will be Los til 11 County, Calif. 1986 inclusive. 1980 to ing bonds offered May 29—v. 183 bids at his office in Martinez 1979 inclusive. to Pomona County, Calif. '■, Offering—W. T. Paasch, County Clerk, will receive sealed Bond July 1 from on 280,000 2x/2s. Due High School District, Tulare County, Calif. Bond Sal«—The $450,000 build¬ 000 bonds inclusive. 1972 - July 1 from on inclusive. 1971 to 320,000 2%s. Due Exeter Union from 1 June 1 from County, Monterey - June inclusive. Unified Carmel Phoenix. Willcox, Ariz. Bond Offering — Wallace E. Lundquist, City Clerk, will re¬ on 1961 to 403,000 2%s. Due 2122—were awarded p. Lewis School District, Fresno County, Calif. Bond Sale—The $472,000 build¬ ing bonds offered May 29—v. 183, p. 2465—were awarded to a group composed of the Bank of America National Trust & Savings Associa¬ . | improvement bonds Unified 1966 from inclusive. 1965 to 180,000 2x/4s. Due , July 1 on • Contra Costa Palo Alto, Calif. • Bond Best, Boston, Coolidge and by & Aaron A. V 60 The Commercial and Financial Chronicle (2700) DELAWARE Kent County (P. O. Dover), Del. Bond ordering-rvCierk Waiter A. Handsberry announces will Court Levy that the receive sealed bids until 1 p.m. (EDST) 12 for the purchase of house bonds. court Due 1956. inclusive. 1976 to interest Dated July on (J-J) June $375,000 July 1, from 1957 1 Principal payable and the at Farmers Bank of the State of Del¬ by Reed, Taylor & Hoyt, I. & Co., of New 3s, at a price of basis of about 2.98%. duPont City, 100.10, a IDAHO May 28—v. 183, p. 2465—were awarded to Francis I. duPont & Co., of New York City, 3V8S, as at price a of 100.05, a basis of about 3.11%. Florida Southern Sale Bond fered May awarded were * Housing . Agency, ~ Federal the to Home Finance 2%s,*at par. and as Offering 1958 ceive bids sealed until 2 * re¬ p.m. (EST) on June 19 for the purchase of $600,000 general obligation storm drainage bonds. Dated June 1, 1956. Due on July 1 fror.i 1969 to 1974 inclusive. Principal and interest payable at the Guaranty Trust Company, of New York City, or at the Sarasota Bank & Trust Company, Sarasota. Legal¬ ity approved by Mitchell, Per¬ shing, Shetterly & Mitchell, of , New York City. Taylor County (P. O. Perry), Fla. Offering Postponed—The offer¬ ing of jail certificates originally scheduled for May 25— v. $175,000 183, 2231 p. has — been post¬ poned until June 11. Rushville School Bone} Offering Interest June a Indiana Odell Consol. (P. O. District Bond ceive ously the in noted 183, p. will ope* Authority bids of June on 2587— v. sealed 12 for the purchase $15,500,000 rural road bonds, 1956-A, proceeds of which series will be used to pay cost of grading and paving projects in the State. to crease approximately 179 on located in 114 amount of such bonds issued. turity schedule Ma¬ the $15,500,000 bonds to be sold on June 12 folon lows: . ■ Amount Yeai $835,000.r__ 860,000 .1958 910,000 ———1961 940,000 (P. -.1963 — 995,000 1964 1,025,000 1965 1,055,000.._ - 1966 1,085,000.- 1967 —— / 1,120,000— 1968 1,155,000— .1969 1,185,000 1970 1,225,000 .1971 1,260,000— School District No. - Sold—No bids were submitted for the several issues of local natural gas revenue anticipation certifi- ' cates offered for sale *rv. 183, p. on May 8— 2122. The offerings were chase of bonds. until Due Dec. on inclusive. from 1 1957 Principal Civil Due p.m. at cost of about $570,000 school building July 1, 1956. Due Principal Mag, Thomson, Mcof Kansas City. Stinson, by Evers & Fizzell, Note: The foregoing — ments the supple¬ report published in our 2587. issue of May 28—v. 183, p. Sterling College, Kansas Sale The $350,000 of¬ Bond The bonds 1956. 1958 fered May bonds 183, 28—v. 2466— to J-J. proved by Ross, McCord, Miller, of Indianapolis. Batesville the First 1956. Council Bluffs Bond & Ice E. An¬ on School National Bank, and the Bank, both of Batesville, as 2%s, at a price of 100.09, a basis of about 2.35%. State June 12 1, 1956. 1957 to p.m. the for June Due purchase bonds. of Dated Dec. 1 from Legality on inclusive. 1975 Chapman & Cutler, approved by of 7:30 building $1,250,000 sealed and (CST) receive until - >•- Franklin, Ky. Bond Sale—An and water issue sold to Stein Bros. ration Township Building Corpo¬ (P. O. Bedford), Ind. Bond Sale —The $100,000 first mortgage building revenue bonds offered May 22—v. 183, p. 2343— awarded to the City Securi¬ were ties Corp., and Raffensperger, Hughes & Co., both of Indian¬ apolis, as 4s. Bond Offering—Charles H. Bos- well, City Controller, will receive bids June on until 12 $840,000 for a.mJ 10 the a net inter¬ 3.12%, as fol¬ about of cost , r 3s. and The 1956. sanitary bonds, of third issue of 1956. Dated June 1, 1956. Due 1958 to and interest the- County Jan. on inclusive. (J-J) from 1 Principal payable^ at melt, City sealed (CST) p.m. purchase 1956. on Marion Rural on June 21 $700,000 for to the building July 12, 1956. 1957 will receive 1976 Due purchase bonds. on (CST) of Dated Principal Independent Bond Sale—An issue of building bonds enscroft & School sold was $100,000 to Offering of will receive until 7:30 Rav- —•" Board sealed (P. O. and Joos, Directors, oral bids (CST) on June 4 for the purchase of $75,000 build¬ ing bonds. Dated June 1, 1956.. Due p.m. Dec. on inclusive. from 1 Legality 1957 & June 1, Dec. 1 from 1957 to on 183, v. to a — were composed of group Co.; T. J. FeibelReusch & Co., & Co.; 2016 p. pub¬ offered bonds Fox, Inc.; Walter, Woody & Heimerdinger; Ladd Dinkins & Co.; W. D. Kingston & Co., and Weil InvestxTient Company. State and University Agricul. and Mechanical College (P. O. Baton Rouge), La. Bonds Not Sold—No tory the for revenue bids $850,000 bonds 2231. were dormi¬ Principal and in¬ payable at the Simpson offered May 28—v. 183, Pointe Coupee Parish p. Glasgow, Ky. Sale—An 0®0 school 11 Bond — 2231—were awarded to a group composed of Equitable Securities p. ' of issue School Dist. (P. O. New Roads), La. Sale The $1,700,000 school building and equipment bonds offered May 31 — v. 183, No. $177,- rities Corporation; Scharff & Jones, Inc.; Merrill Lynch, Pierce, Fenner & Beane; Newman, Brown & 100.04, Co., was sold building to the bonds Secu¬ revenue Equitable Corporation, at a price of a net interest cost of about 3.30%, as follows: "• on June 1 from 1957 to 1960 inclusive. 117,000 3y4s. Due 1961 to on June 1 from 1973 inclusive. on June 1, 1974 1975. . Barrow, Leary & Co.; Crane; Howard, Weil, Labouisse, Friedrichs & : Co.; Schweickhardt & Co.; and NusInc.; Arnold & loch, Beaudean & Smith, at a price of 100.04, a net interest cost of about 3.19%, as follows: - $451,000 3%s. Due on April 1 from 12,000 3V4S. Due on 1963 inclusive. 1957 to June 1, 1976. 234,000 3Vzs. Due on April 1 from V Greenup, Ky. Bond City Offering—Neil Clerk, 1966 inclusive. 1964 to Meadows, will receive sealed bids until 7:30 p.m. (CST) on June 4 for the purchase of $139,000 school building revenue bonds. Dated June 1, 1956. Due on June 1 from 1957 to." 1985'; inclusive. Principal and interest (J-D) pay¬ able at the First & Peoples Bank, Russell. Legality approved' by Wyatt, Grafton & Grafton, of 1,015,000 3.10s. Due* on April 1 from i967 to 1976 inclusive. 1 St. Charles Parish'Sch. Dist. No. (P. O. Hahnville), La. BondSale The <- $1,000,000 — public- improvement fered 183, May: 29—v. to awarded were a bonds ofp. 2343— group com¬ Securities Hattier & posed of Equitable Corporation; 'White, & Ducournau Sanford;. Louisville. ' ■ * " , Kees; Schweickhardt & Co.; Glas & Co.; Montgomery County (P. O. Mt. Sterling), Ky. '■> 1 Bond Sale—The $200,000 school building revenue bonds offered May 25 were awarded, as follows: John & J. Feibleman "*■ Dane; and T. Co. 3s. as < - • Pearl of — received dated are Co., of Cedar Rapids. Sagebille Indep. Sch. Dist. Dubuque), Iowa to 1966 by approved O'Connor, Thomas, McDermott & Wright, of Dubuque. - Oct. 1 from inclusive. ap¬ District, Iowa Bond Manager, Legality by Chapman & Cutler, of Chicago. Secretary bids until 3:30 p.m. 1, 1958 proved Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. Business June from 1 inclusive. 1976 Treasurer's office in Indianapolis. sealed Dated June on 29 man (P. O. Thibodaux), La. $725,000 improvement May Dec. 1, 1973 1974. Due J, inclusive. Bond for the 18 parking lot $385,000 bonds. Due 7:30 Foley, Cox & Judell, Sale—The Bond lic on 1958 to 1976 inclu¬ Interest J-J. Legality ap¬ Lafourche Parish receive until July 1, 1956. Due of New Orleans. " of improvement from proved by from Grafton, of Louisville. From- will 1 sive. 1972 inclusive. bonds and F. bids June on of revenue to Clerk, oral and 1987 Indianapolis School City, Ind. Offering —M. V. Bailey, 1 Dec. on County Bank, of Franklin. Legal¬ ity approved by Wyatt, Grafton & Dubuque, Iowa Offering—Leo bonds. Dated July (CST) purchase ,• . Due " Bond public $62,000 Louisiana $45,000 foregoing supple¬ ments the report published in our issue of May 28—v. 183, p. 2587. (CST) purchase bonds & Boyce, price of 100.001, a sealed Tate, p.m. the for Kohlmeyer of $75,000 revenue sewer receive will 19 awarded 22,000 3V2S. Due Guthrie 1959 June on (F-A) ii&isviM^ The — Evangeline Parish Gravity Drainage District No. 4 (P. O. Mamou), La. bond Offering—Donald J. Tate, Secretary of the Board of Com¬ inclusive. $26,000 3V2S. Due Chicago. Note: ganfield National Bank. Legality approved by Skaggs, Hays & Fahey, of Louisville. r 1974 Indep. Sch. Dist., la. will bids from 1 Principal and payable at the Kentucky-Farmers Bank, Catr lettsburg. Legality approved by Wyatt, Grafton & Grafton, of terest Offering—Lester rectors, Feb. on drews, Secretary of Board of Di¬ | will Clerk, Due 1986 1, IOWA City, Ind. Bond Sale—The $66,500 school building bonds offered May 25— v. 183, p. 2466—were awarded to Batesville receive sealed bids until 7:30 p.m. (CST) on June 4 for the purchase of $100,000 flood control system assessment bonds. Dated Feb. 1, est Principal and in¬ (M-N) payable at the Mor¬ terest Esq., Mamou, until 1 Well- Offering—Strother City man, at , 1, bids at the office of Paul C. Catlettsburg, Ky. Bond was - May May 1 from 1960 to on inclusive. missioners, KENTUCKY ap¬ (J-D) payable at a place in the State mutually agreeable to the purchaser and the District. Legal¬ ity approved by Chapman & Cut¬ Housing and Home Finance Agency. 30,000 3V4S. Due June Legality 1975 to p. sold to the Federal 1957 to dated are Interest interest and bonds. from 1 Due dated are LOUISIANA — tax-exempt to bonds 1956. 1984 inclusive. 1984 to 1968 The non dormitory 1967 inclusive. 1960 to 294,000 4y2s. Due on May 1 from interest and (M-S) payable at the State Treas¬ office. Legality approved price of 98.00, a net interest 4.46%, as follows: a $76,000 4V4s. Due on May 1 from urer's inclusive. 1971 * Township Jan. on revenue 25 were" group a pur¬ Dated clusive. to 2 Sept. 15 from 1957 to 1976 in¬ on May offered bonds awardeed the for 12 June on lows: 43,000 O. Hebron), III. Bond ... bonds. sive. 19 Secretary of Board of Edu¬ cation, will receive sealed bids until 8 p.m. (CDST) on June 7 for the purchase of $410,000 build¬ ing bonds. Dated May 1, 1956. 1972 Georgia (State of) Local Certificate Offerings Not Township semi-annually from July 1, 1957 to Jan. 1, 1968 inclu- son, sealed -1962 — 965,000 School Bond Offering—Kenneth Jacob- ... 885,000___ —___!—1960 bids sealed (CST) pur¬ Due Indianapolis $ahitary District, Ind —1959 _ for the 13 system headed by Stein Bros. & Boyce, of Baltimore, p.m. ' solidated This award will in¬ total until' f $86,000 bonds, as follows: McHenry County Community Con¬ counties $30,000,000the JTrusteCj will re¬ bids June on Gard¬ $43,000 of about 2.89%. INDIANA previ¬ sealed (CST) oral Schedule—As , chase of basis a , Offering—Embert Township ner, price of 100.68, Due O. Russellville), (P. Twp. distribution gas interest $60,000 build¬ ing bonds offered May 16 were awarded to the Bank of Pontiac, 3s, at 1956. 1, payable Russell Morganfield, Ky. Sale—The$«i70,u00natural School District, Kansas Offering—Margaret Jttyno, Clerk of Board of Education, will Bond revenue at the Rushville Rushville. Legal¬ ity approved by Ross,7 McCord, Ice & Miller, of Indianapolis. Odell), III. as June Dated (J-J) Sale—The Bond mortgage National Bank, 2466—were awarded to the Municipal Bond Corp., of Chicago, as 3%s, at a price of 100.05, a basis of about 3.61%. County, J. Bruce Urwill receive July 1 from 1959 to 1986 in¬ Principal and interest on 28—v. 188, p. School first — gality approved by Wyatt, Grafion & Grafton, of Louisville. Bond Concordia were clusive. $52,000 parking GEORGIA Maturity Trust & Bank Mt. KANSAS p.m. (CST) on purchase of $1,- for, the bonds. system revenue bonds offered May Livingston 7 175,000 Jacksonville, III. Bond Sale—The Bldg. Corporation, Indiana > Legality approved by Chap¬ & Cutler, of Chicago. ler, of Chicago. Georgia Rural Roads Authority (P. G. Atlanta), Georgia Home Principal 1956. 1, (J-D) payable at the Sterling National Bank. Le¬ Co., of Mason City. , . inclusive. 1984 to Kenneth — •; ... United sealecf'^ids until 1 Grade Thompson, City Manager, will • Due on May 1 from Sarasota, Florida Bond 1 . May 1, 1956. College (P. O. — . bahns, J Secretary, man The $750,000 non dormitory bonds of¬ 29—v. 183, p. 2466— ' ley, City Clerk, will receive sealed bids until 8 p.m. (CDST) on June 4 for the purchase of $650,000 sewerage revenue bonds. Dated Lakeland), Florida tax-exempt of , " • M-N. FLORIDA (CST) on June 5 for of $260,000 first mortgage revenue bonds. Dated March 1, 1956. Due on Jan. 1 from 1959 to 1985 inclusive. Principal purchase county hospital bonds. and interest (J-J) payable at the April 1, 1956. Interest A-0.1 Bank of Versailles. Legality ap¬ proved by Ross, McCord, Ice & ILLINOIS Miller, of Indianapolis. (The sale 1 if. was originally scheduled for Mar. Harvey, Illinois 20, but was canceled.) Bond Offering—Rooert K. Bent- County, Rehoboth Special Sch. Dlst. (P. O. Rehoboth Beach), offered Board until 2 p.m. the $795,000 Sussex Delaware President, will receive sealed bids Dated - bonds poration (P. O. Holton), Ind. Ottering — F. C. Hyatt, Directors, will receive sealed bids until June 6 for the purchase of as Sale—The $124,000 school of Secretary-Treasurer Building Cor¬ School Creek May 28— 2466—were awarded to p. r»ond West Shoshone County, Hospital District No. 1 (P. O. Wallace), Idaho Bond Offering — Judith Crow, '• Bond of Indianapolis. Miller, 183, June and interest receive McCor'd, Ice & approved by Ross, Otter C. Con¬ (P. O. Wilmington), Del. York p. group 131 Bond Sale—The $80,000 school building bonds offered May 28— v. 183, p. 2465—were awarded to Francis 2%% Shoshone New Castle County, Henry rad School District No. the (CST) on June 12 for the purchase of $500,000 school improvement bonds. Dated June 1, 1956. Due semi-annually from June 30, 1957 to June 30, 1969 inclusive. Interest J-D. Legality 25—v. May building bonds offered v. Wash¬ burn, of New York City. $240,000 scnooi Monday, June 4, 1956 . . Dated Community Sch. Dist., Ia Sale—The Bond until 1 p.m. 2587—were awarded to a composed of Courts & Co., J. W. Tindall & Co., and Norris & Hirshberg, Inc., at a price of 100.81, a basis of about 2.68%. 183, Ventura Secretary of the Board of School offered bonds Ind. Falls, Oiiermg—Rooerta Trustees, will receive sealed bids Sale—The $225,000 Bond school Legality approved Dover. aware, Bond Thomasville, Ga. on School City, Muncie Social Circle. Madison. Greensboro. Union Point: $175,000 390,000 390,000 310,000 . Sioux City, Iowa A bonds to the Securities Corp., A. C. Allyn & Co., joint¬ $68,000 series Equitable and ly. bonds to Alm- stedt Bros., and Russell Long & Co., jointly. building, Due on series A June 1 from District, Maine Offering—Herman Burgi, Jr.,. Treasurer, will receive sealed (EDST) June 1, 1976. Principal and interest (J-D) payable National Bank Portland. : of June.5 June 1, 1956. water bonds.; Dated on on $1,000,000 of purchase for- the Due The sale consisted of: bonds. Bond Water bids until noon 132,000 series B $68,000 school Bond Sale—The $64,500 funding MAINE Portland at.the Commerce of approved by Atwood & * made by the following named and interest (A-O) payable at the communities in the amounts indi¬ office cated: Commissioners. of the Board of School bonds offered 2466—were National 2s, at a May 25—v. awarded to 183, the Bank, of Sioux City, price of par. p. Toy as 1957 to 1964 inclusive. 132,000 school building, series B bonds. 1964 to Due on June 1975 inclusive. 1 from Legality Hutchinson, Pierce, Scribner, of Portland. Volume Number 5539 183 .. The Commercial and . - > r^; MAVtVLANO -■■■/' r-'Easidn^Md..;*^ „ » . Offerin^Mayor itlalVilii Bond - Sale to awarded were group a (EDST).on June 5 tor 1956. Due 1957 to June 15 from on Principal and in¬ terest (J-D) payable at the Easton National Bank, Easton. Legality approved by Niles, Barton, Yost & Dankmeyer, of Baltimore. inclusive. Howard $160,000 4s. Due mission 530,000 3%s. Due 1963 to July 1 from on inclusive. 1975 710,000 3y4s. Due on July 1 from Chairman, will receive sealed bids 1976 to 1985 inclusive. until 11 a.m. (DST) on June 14 for the purchase of $200,000 sani¬ Flint, Mich. Bond Sale—The $250,000 Hur¬ tary bonds, series C. Dated June 1, 1956. Due on June 1 from 1957 ley Hospital revenue bonds of¬ to 1982 inclusive. Principal and fered May 28—v. 183, p. 2467— interest (J-D) payable at the Pa- were awarded to a group com¬ tapsco National Bank, Ellicott posed of the Citizens Commercial City. Legality approved by Niles, & Savings Bank; Genesee County Barton, Yost & Dankmeyer, of Savings Bank; and Merchants & Baltimore. ' Mechanics Bank, all of Flint, as 3%, at par. MASSACHUSETTS Pontiac, Mich. ".'? ■ Attleboro, Mass. Bond Offering—Ada R. Evans, Bond Offering — Edward J. City Clerk, will receive sealed Healey, City Treasurer, will re¬ bids until 8 p.m. (EST) on June ceive sealed bids until 11 a# 18 for the purchase of $2,900,000 (DST) on June 7 for the purchase hospital bonds. Dated May 1, 1956. of $60,000 sewer bonds. Dated Due on April 1 from 1957 to 1985 July 1, 1956. Due on July 1 from inclusive. Principal and interest 1957 to 1968 inclusive. Principal (A-O) payable at a banking in¬ and interest (J-J) payable at the stitution in Michigan to be desig¬ First National Bank of Boston. nated by the successful bidder. Legality approved by - Storey, Legality approved by Berry, Ste¬ Thorndike, Palmer & Dodge, of vens & Moorman, of Detroit. Posen1 Consol. School Diet., Mich. Boston. Granite Bond Lynn, Mats. ■ tem¬ $800,000 loan notes offered May 22 awarded to the Essex Trust porary were Company, of Lynn, at 1.98% dis¬ count. The , notes are due Nov. 30, on Payable in Boston or New York City. Legality approved by 1956. Palmer Storey, Thorndike, Dodge, of Boston. & 110,000 4s. Due on July 1 from 1977 to 1982 inclusive. Bond Sale—The The $700,000 tem¬ awarded to the Boston Safe Deposit & Trust Company, and the Bank-State Second < Street Trust Company, both of Boston, at 1.98% discount, r 1956. Due on June dated are 183, p. v. a 4s. — sealed bids will until from 1957 inclu¬ 1961 to sive. Principal and interest able at Bank the of pay¬ Shawmut National Boston. Legality ap¬ proved by Storey, Thorndike, Palmer & Doclgej of Boston. - • Bond Sale—The bonds offered 2467—were $250,000 school May 24—v. 183, p awarded Goldman to Sachs & Company, as 2.30s, at a price of 100.06, a basis of about 2.27%. V , $500,000 tem¬ porary loan notes offered May 22 —v. 183, p. 2467—were awarded to the First National Bank, of Bond until bids 18 the Board of receive sealed 8 p.m. (EST) on June purchase of $2,600,000 and site bonds. Dated for the building May 1, 1956. 1957 to 1981 interest Due on July 1 from inclusive. Principal payable (J-J) at Michigan Sale—The $75,000 Michigan Ave., Inkster), Mich. Bond Sale—The special bonds Districts Nos. of 44 Sanitary and 45 assess¬ Sewer totaling $415,000 offered May 22—v. 183, p. 2467—were awarded to Strana- hah, Harris & Co., of Toledo. Sale—The treatment age of the of — First a 3.84%. additional Oct. of 1% & Hopwood, of Minne-* Yellowstone County School District No. 17 (P. O. Pryor Route, a group National Billings), Mont. Bond Offering^. L. Mitchaud, District Clerk, will receive sealea bids until 8 The bonds bear interest -, Lodge),/ $350,000 build-,bonds offered May 28—v. 183, 2344—were awarded to Piper, Jaffray apolis. 183, v. Phillips Co., as price of 100.05, a basis about (MST) p.m. June on 18 for the purchase of $26,000 school building bonds. Dated July from 1, 1956 to Oct. 1, 1957. 1, 1956. Interest J-J. MISSISSIPPI Bond Offering—Roy H. Gran City Clerk, will receive sealed bids until 3:30 p.m. (CST) on June 13 for the purchase of $200,000 street improvement Dated bonds. Jan. on 1 clusive. July from 1956. 1, 1959 to in¬ 1978 Principal Barber, of Minneapolis. Creighton University (P. O. Omaha), Neb. v Britton, Bond Offering—John J. Foley/ Secretary of the Board of Trus¬ tees, will receive sealed bids until 11 a.m. (CST) on June 13 for the 000 road and bridge bonds. Due purchase of $750,000 non tax-ex¬ serially from 1957 to 1976 inclu¬ empt dormitory bonds. Dated July sive. 1, 1955. Due on July 1 from 1958 Interest J-J4 Covington County (P. O. Collins), to 1995 inclusive. Legality approved by Fitzgerald,; Mississippi Bond Offering — Doyle Keys, Hamer, Brown & Leahy, of Omaha. Chancery Clerk, will reeeive sealed bids until 10 a.m. (CST) on NEVADA June .4 for the purchase of $70,000 Henderson, Nev; court house improvement bonds. Bond Sale—The $393*000 gen¬ Greenwood. Miss. eral obligation bonds offered May Bond Sale—The $50,000 hospital 24 were awarded to Lauren 'W. bonds offered May 25—v. 183, p. Gibbs, of Salt Lake City, as fol-, Chancery Clerk, will receive sealed bids until 2 p.m. (CST) on June 4 for the purchase of $100,- - , , 2344—were awarded Flore Bank & Trust to the Le- Company, of Greenwood. Lamar lows: — Clerk, Sam will sealed bids until 10 Keith, receive 1958 and 1959; $22,000 4s, due May 1,1960 and 1961; $44,000 41/4s, due on May 1 from 1962 to 1965 inclusive; and $121,000 41/2s, due on May 1 ' (CST) on $65,000 a.m. June 4 for the purchase of court house bonds. from 1966 to 1976 inclusive. 193,000 Leflore ' Sale—The 2468 p. improvement $6,000 3%s, due pn 1959; $22,000 4s, dife on Feb. 1, 1960 and 1961; $44,000 41As, due on Feb. 1 from — awarded were Feb. 183. to the 1, 1962 $50,000 hospi¬ tal bonds offered May 25—v. water bonds: County (P. O. Greenwood), Mississippi Bond ' on Offering Chancery < $200,000 municipal building bonds: $13,000 3%s, due on May 1, County (P. O. Purvis), Miss. Due and interest payable at a suitable banking instiution designated by the suc¬ cessful bidder. Legality approved by Dorsey, Owen, Barker, Scott & Offering—Josie Bond Bond NEBRASKA Clarke County Supervisors District No. 2 (P.'O. Quitman), Miss. Madison, Minn. Nicollet County to 000 Banlf of Greenwood. 1965 inclusive; $121,- 41/£s, due 1966 Pearl River County, Carriere Con¬ solidated Sch. District. (P. O. (P. O. St. Peter), Minnesota Offering—Harold County sealed to on 1976 NEW Feb. 1 from inclusive. HAMPSHIRE Overn, school 1957 Paul, Minn. awarded to 183, a p. group bonds. 1956/ Dife .to 1978 a.m. Due Serially from to 1966 inclusive. Ol¬ E. on July inclusive. Principal and interest payable at a suitable banking institution des¬ ignated by the successful bidder. Legality approved by Briggs, Gil¬ bert, Morton, Kyle & Macartney, com¬ posed of the First National Bank; William Blair & Co., both of Chi¬ and Robert W. Baird & Co., price of 100.07, 2.80%, net interest cost of about gan, City Clerk, will receive sealed bids until 7:30 p ip. (CST) on June 4 for the purchase of water works revenue bonds. Dated July 1, 1956. Prin¬ cipal bank interest and payable at a 6 follows: $455,000 general obligation bonds: $185,000 3s, due on Dec. 1 from 1957 to 1967 inclusive; 2.60s, due on Dec. 1, 1968 and 1969; $60,000 2.70s, due on Dec. 1, 1970 and 1971; 2468—were awarded to the District No. 2 Bond West Platte School (P. O. Weston), Mo. Offering — Elizabeth H. of as fol¬ lows: 1959 to 1978 75,000 3Vis. Due 1979 to The 1981 bonds on Feb. 1 from Gallatin bonds. bear additional and terest of 1% from Aug. 1 Feb. 1, 1957. County High Sch. District Bond Sale—The $660,000 build¬ 2017—were awarded to & Company, of St. Paul. Kafl- man in¬ Bond Sale — The $115,000 Im¬ provement District No. 118 bonds offered May 28—v. 183, p. 2344— were & , of Bos¬ Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. Hinsdale School District, N. H. Bond Offering — Mrs. Marjorie Zaydrotny, Treasurer, will re¬ F. St., Boston, on June 15, 1956. 7 awarded to Terry Thompson Co., of Seattle, price of 100.28. as 4%s, until 11 (DST> a.m. the for purchase of $119,000 school bonds. Dated June 1957 to Due mentioned by & on 15 from Principal June inclusive. 1976 and interest payable at the abovgbank. Legality ap¬ Thorndike, Storey, Dodge, of Boston. Tilton-Northfield Union Sch. Dist. (P. O. Tilton), N. H. Bond Offering—Alexander Mac- Gregor, Chairman, announces that the School sealed bids Board until will noon receive (DST) on June 6 for the Helena, Mont. 1, 1956 to . ton. proved ing bonds offered May 24—v. 133, Feb. 1 from inclusive. Bank* dated are National Shawmut Bank (P. O. Box 733, Bozeman), Mont. inclusive. on National as May 28, 1956. Due on Dec. 3, 1956. Prin¬ cipal and interest payable at the Palmer p. $425,000 3.20s. Due notes MONTANA Allison-Williams Company, of Minneapolis, $60,000 $150,000 2%s. due on Dec. from 1972 to 1976 inclusive. group a First discount, National Bank of Boston, 28 State County, building Indep Consol. Sch. Dist. No. (P. O. Thief River Falls), Minn. Bond Sale—The $500,000 build¬ ing bonds offered May 24—v. 183, 2.10% ceive sealed bids at the Merchants Fizzell, of Kansas City. Platte The trust company located in the State as designated by the purchaser. Legality approved by Stinson, Mag, Thomson, McEvers or 18 by were of Boston. Bond Offering—Frank W. Mor¬ Joint headed tem¬ offered 150,000 National Shawmut Bank* Odessa, Mo. Crockett, Secretary of the Board Education, will receive sealed bids until 8 p.m. (CST) on June 7 for the purchase of $255,000 p. $300,000 notes at Concord, Pennington and Marshall Counties bonds 2467— awarded $150,000 MISSOURI $50,000 improvement, bonds. 1959 sealed bids until 11 on Offering—Gordon from 1 Sale—The loan follows: receive (CST) purchase of Village Manager,'will receive sealed bids until 7:30 p.m. (CST) on June 13 for the purchase of July 1, Note school will bonds. Dated Jan. 1 from 1958 to 1972 inclusive. Principal and interest payable at any suit¬ able bank designated by the pur¬ chaser. Legality approved by Faegre & Benson, of Minneapolis. Bond Rouse, receive 1:30 p.m. $300,000 drainage July 1, 1956. Due St. N. C. will the for North — Clerk, porary Auditor, 12 Offering Concord, N. H. (CST) on June 8 for the purchase of $45,000 bids until June on Bond Chancery of St. Paul. Sale—The $850,000 offered May 24^v. as (P. O. 26807 1, 1956. 1957 to 1966 International Falls, Minn. Bond Dated building bonds offered May 24— v. 183, p. 2467—were awarded to Barcus, Kindred & Company, of Chicago. a May 21 Lodge Counties ;ng p. Caldwell, 3%s, at rev¬ well, Phillips Co., jointly. $135,000 Albert Lea, Minn. MICHIGAN Township and Mannheimer-Egan,jlnc., and Cald¬ a of Milwaukee, at a Dearborn John¬ receive Bond Sale—The $175,000 school building bonds offered May 24— v. 183, p. 2467—were awarded to Woodland Community Sch. District, cago; Deer Montana Dank, of St. Paul; Mannheimergan, Inc.; Harold E. Wood & Co.; son, were offered 2468—were awarded to p. Minneapolis), Minn. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. Bond and Bond: Sale—The Bond Sale—The $280,000 sewer, and street improvement Hennepin and Ramsey Counties Joint Indep. Sch. Dist. 'No. 2 (P. O. 3301 Silver LakeRpad, banking institution to be desig¬ nated by the successful bidder. Wayland, Mass. ment of will Education, Bond Sale—The $750,000 " Offering—Harris L. Wil¬ MINNESOTA 2.46%. 1 from Powell Paul Park, Minn. Legality approved by Faegre & Benson, of Minneapolis. | 1974 inclusive. Secretary son, Boston, at 1.98% discount. school bonds offered May 31 — v. 183, p. 2588 — were awarded to the Union Securities Corp., and W. E. Hutton & Co., jointly, as 2V2S, at a price of 100.40, a basis ©f about June Piper, Minneapolis. water bonds : a Poplarville), Miss. Wayne Community School District, Michigan Bond Sale—The St. 1963. . Taunton, Mass. Note June on Bond and Spencer, Mass. • Dated to Nos± 16 and 21 (P. O. Deer composed building - 183, p. 2233 — were group headed by Jaffray & Hopwood, of v. — awarded / offeree! inclusive. re¬ noon (DST) on June 5 for the purchase - $567,000 highway macadam bonds. Dated June 1, 1956. Due on 1 1 from inclusive. 1964 to of June on 1961 88,000 $V2S. Due on July 1 from Gustave La- Marche, City Treasurer, ceive July Due 1957 to 12,000 3%s. Due on July 1, 1962 Nov. 2, 1956. Offering offered May 24— 2467—were awarded to price of 100.01, a net interest cost of about 3.61%, as follows: at and Bond $125,000 schoo Paine, Webber, Jackson & Curtis, and Walter J. Wade, Inc., jointly, 4, New Bedford, Mass. bonds. enue Due municipal bonds revenue Principal and Legality approved by Dorsey, Owen, Barker, Scott & Barber, of Minneapolis. ander, building bonds $25,000 The * notes $70,000 System May 25 cessful bidder. bids until 7:30 p.m. (CST) June 11 for the purchase of on Vanderbilt School District, Mich. loan notes offered May 25 porary were — will inclusive. ■>, ■* - Sale^—The $390,000 water Sch. Dist. No. 1 and Joint Districts Falls, Minn. Manager, 1978 * 61 interest payable at a banking in¬ stitution designated by the suc¬ 1960 to 1976 inclusive. Cambridge), Mass. Note Sale 1967 hospital * bonds. Dated July 1, 1956. Due on July 1 from 1959 to $725,000 sew¬ plant and storm sewer bonds offered May 28 v. 183, p. 2232—were awarded to composed of AllisonBond Sale—The $350,000 ?chool a, group Williams. Co.; J. M. Dain & Co. site and building bonds offered Piper, Jaffray & Hopwood; KalMay 24 — v. 183, p. 2467 — were man & Co., all of Minneapolis awarded to the First of Michigan Juran & Moody, Inc.; and MannCorporation, as follows: heimer-Egan, Inc., both of St $25,000 4s. Due on July 1 from Paul, as 3.30s, plus additional in¬ 1957 to 1959 inclusive. terest coupons of $6 payable on 215,000 33/4s. Due on July 1 from June 1 and Dec. 1, 1957. Middlesex County (P. O. East < to Bond 000 sealed ' Sale—The 1957 Offering—Orvil J. City son, , Note from 1 Laurel, 'Monti ; sealed bids until 8 p.m. (CST) on June 11 for the purchase of $115,- and $20,000 2.60s, due on Dec. 1, 1968 and 1969. 65,000 sewage disposal plant bonds: $50,000 3s, due on Dec. 1 from 1958 to 1967 inclusive; $10,000 2.60s, due on Dec. 1, 1968 and 1969; and $5,000 2.70s, due on Dec. 1, 1970. 1957 to 1962 inclusive. Bond Offering—Carl W. Mayer, on Rush City, Minn. Offering ■— George'' A. Flynn, Village Clerk, will receive - Bond inclusive; July 1 from on Dec. on lows: County Metropolitan Com¬ (P. O. Ellicott City}, Md. Dec; l'from 1958 to 1967 inclusive: $35,000 2.60s, due on Dec. 1, 1968 ; and 1969; and $30,000 2.70s, due on ^)ec. 1, 1970 and 1971. 130,000 water works improve¬ ment bonds: $110,000 3s, due Blyth & Co., Braun, Bosworth & Co., Paine, Webber, Jackson & Curtis, Kenower, MacArthur & Co., and Stranahan, Harris & Co., at a price of 100.0009, a net inter¬ est cost of about 3.33%, as fol¬ 1986 000 3s, due ; posed of First of Michigan Corp., noon revolving fund bonds: $135,- ;; com¬ purchase of $775,000 electric system bonds. Dated June 15, the (2701X 200,000 permanent improvement The. $1,400,000 — school site and building bonds of¬ fered May 28—v. 183, p. 2467— G. Lomax will.receive sealed bids until School District, Mich. Fenton Bond Financial Chronicle at a purchase of $46,0001 school bonds. Dated July 1, 1956. Due on July 1 from 1957 to 1966 inclusive. Principal and interest (J-J) payable at the First Nation¬ al Bank of Boston. Legality ap¬ proved Storey, Thorndike, Dodge, of Boston. by Palmer & 62 The Commercial and Financial Chronicle (2702) Beverly, N. J. Grant, receive sealed 8 p.m. (EDST) on June purchase of $50,000 city Clerk, "will bids until 12 for the 1956. Due on July 1 from 1957 to 1966 in¬ clusive. Principal and interest 1, July Dated bonds. (J-J) payable at the First Nation¬ Bank & Trust Company, of al Beverly. Note bonds of¬ foregoing The — fered gen¬ obligation bonds offered May 183, p. 2589—were awarded the Sante Fe- National Bank eral 28—v. to Sante Fe. of County Municipal School 1 (P. O. Santa Fe), Santa Fe District No. Mexico New $250,000 Sale—The Bond gen¬ offered May 2589—were awarded eral obligation bonds 28—v. 183, p. not sold when originally were $256,000 Sale—The Bond Bond Offering—E.LeRoy City Mex. Santa Fe, N. JERSEY NEW Co., of Kansas & Bros. Stern to City. May 22. on Jersey City), Grove (P. O. Washingtonville), N. Y. Jersey Bond Offering—Joseph B. Cul- will receive sealed bids until noon (EDST) on June 5 for the purchase of $8,000,000 tem¬ porary loan, series U notes. Dated June 25, 1956. Due on Dec. 11, 1956. Payable at the Chemical Corn Exchange Bank, of New York City. Legality approved by Sullivan, Donovan, Hanrahan, Mc¬ Govern & Lane, of New York City. purchase of $25,000 Town Hall bonds. Dated June 1, $5,000,000 County Building bonds. 60,000 Nurses' Home bonds. 1961 lin, Jr., Town Clerk, will receive sealed bids until 3 p.m. (DST) on Due terest Hawkins, (F-A) payable at the Coun¬ ty Treasurer's office. Legality ap¬ $8,000,000 at 2.03% interest, plus a premium of $136; $4,000,000 at 2.07%, plus $204; and $4,084,000 at 2.05%, plus $70. 8,000,000 to Chemical Corn Ex¬ change Bank, New York City, at 2.05% interest, plus a pre¬ Principal and in¬ proved by Hawkins, Delafield Wood, of New York City. Morris County (P. O. Morristown), New Jersey Freeholders, bids Board of Chosen will receive sealed of Clerk (EDST) on June 13 for the purchase of $3,885,000 general bonds. Dated June 1, 1956. Due on June 1 from 1957 to uptil 2:30 p.m. inclusive. 1973 Principal Wood, & of City. Sale Bond 183, The $40,421.15 — 28—v. May bonds offered school 2588—were awarded to the Bank, as 2VzS. p. Camillus Cheektowaga), Cheektowaga (P.O. Offering Benedict — 1^. ristown. Legality (DST) Hawkins, Delafield by Wood, of & New York City. Pennsauken Bond ■' Twp. School District, New Jersey Offering—Harry L. Ber- of the Board of Education, will receive sealed bids until 8 p.m. (DST) on June 15 for the purchase of $360,000 school bonds. Dated July 1, 1956. Due on July 1 from 1958 to 7.987 in¬ clusive. Principal and interest (J-J) payable at the Camden Trust Co., Camden. Legality ap¬ proved by Caldwell, Marshall, Secretary ger, Trimble & Mitchell, of New York of inclusive. 2344—were awarded to a group of the Fidelity Union Co.; F. R. Cole & Co.; Julius A. Rippel, Inc., all of Newark; and A. Webster Dougherty & Co., of Philadelphia, as 2.45s, at a price of 100.14, a basis of about composed bus bonds offered Township School District (P.O. 1 West Forest Avenue, West Englewood), N. J. 1 Bond Offering — Harold R. Burdge, Secretary of Board of Education, will receive sealed bids 8 (EDST) on June 20 for the purchase of $690,000 school bonds. Dated Dec. 1, 1955. Due on p.m. from 1 1957 to 1985 inclu¬ sive. Principal and interest (J-D) payable at the Peoples Trust Com¬ of Bergen County, Teaneck. approved by Hawkins, Delafield & Wood, of New York pany City. 2468 — were awarded to the Niagara Permanent Savings Bank, 2.40s, at a price of par. as Bond Offering Laurance — C. Stopp, Secretary of the Board of Education, will receive sealed bids until 8 p.m. (DST) on June 12 for the purchase of $495,000 school bonds. Dated July 1, 1956. Due 1 from 1957 to 1975 in¬ July clusive. Principal and interest NEW MEXICO Eddy County Municipal Sch. Dist. 10 (P. O. Loving), N. Mex. Bond Sale—The $206,000 build¬ ing bonds offered May 28—v. 183, 2589 State, — as were 2%s, at awarded par. 31 to the the to ity. At the York, according made time, Chairman same disclosed' that every four dollars earned Port Area is the by such stated: "About 430,- by Port com¬ Lowe Each dollar of earned merce. in¬ in effect creates two dollars of additional earned cording income. Federal to Ac¬ Government in effect treasures, each job pro¬ vides two jobs to bring port-gen¬ erated employment to 1,300,000 On 1.4 (P. O. Greenwich), N. Y. Offering—Joseph K. Hill, conclude of people out of 1956. Due Dated June on 1 June 1, 1957 from inclusive. Principal and interest (J-D) payable at the First National Bank, of Green¬ wich. Legality approved by Haw¬ 1966 to kins, Delafield & Wood, of New York City. Sch. Dist. No. 15 (P. O. Lockport), N. Y. $104,000 build¬ ing bonds offered May 28—v. 183, p. 2589 — were awarded to the Manufacturers Trust Traders & Co., Buffalo, and Roosevelt & Cross, of New York City, jointly, as 3.20s, at a price of 100.34, a basis of about 3.16%. that 3,120,000 population total a this waterborne com¬ great bi-state har¬ bor. "The 430,000 District directly in workers $2.1 earn It the billion related commerce. to in water- follows commerce of $6.3 come fourth a billion, of that in the Port than or more the $23 billion in the Port earned The information Lowe based tained in "The in which on Dis¬ which Mr. his statement is Port a Port con¬ Authority report Community" the and summarizes statistics de¬ veloped for the first time through a study of employment and labor records for 1953, an average post¬ year for port operations. The study supplemented by infor¬ provided by various Fed¬ was mation eral, State and local governmental agencies and private businesses. The Port the same Authority Chairman time, "challenging." He said that the Harbor, the greatest natural asset of the States of New Jersey and New York, could not "taken in for granted." that will Slack, receive p.m. (EDST) the June 14 for the purchase of $57,000 water supply bonds. Dated June 14, 1956. Due on June 14 the business He em¬ practices merce all the sealed bids until 1 on 1957 to 1985 inclusive. Prin¬ cipal and interest (J-D) payable at the Huguenot National Bank, of New Paltz. Legality approved by Sullivan, Donovan, Hanrahan, McGovern City. & District coastal commerce. They people who pilot operate the lighters, carfloats and tugs within the harbor. these and A small workers New York hold State Lane, of New York a competitive methods of world, transportation, development ment of • and important new and improve¬ facilities handling of waterborne for com¬ presented a challenge to continuing pre-eminence of this, the world's greatest port. "If we are to maintain our lead¬ ership in the handling of world¬ wide also to ocean commerce, maintain such the we must prerequisites leadership," he declared. terest (M-N) payable at the Val¬ ley National Bank, of Walden. Le¬ gality approved by Hawkins, > Delafield number jobs Canal. Carthage, N. C. $10,000 water Donds offered May 29 — v. 183, p. 2589 — were awarded to the; Sine—xue IV4S, as to and from shipside, police and operate the docks, con¬ a basis of about street improvement bonds totaling $401,400 offered May 21— 183, p. 2234—were awarded to perform many freight forwarding func¬ customs, immigration and McDonald & Co., of Cleveland, as 3V2S, at of $160 wage mil¬ lion. These people for the most part hold jobs in shipbuilding and ship repairs, ranging from building of great ships to minor but In essential while addition, the the repairs ships marine per¬ in are terminal construction facilities and the maintenance of existing facilities. (4) ploys Land Transportation 40,400 people wages em¬ earning an¬ of about $173 million. the people in the rail¬ are roads, the truck lines and ware¬ housing operations who take part the in land phase of the move¬ of goods that have entered will or leave the port by bids until the of 1956. Due 1981 activities port's in¬ foreign banking, marine insurance, exporting and import¬ ing and the like. This is the "busi¬ side of the of movement through the port. cargo (6) Port Industry employs 127,600 people for almost $658 mil¬ lion in wages. This "tidewater industry" the is located at or near water's edge and depends the harbor waters for trans¬ upon portation of materials and ucts. It includes such petroleum as refining, bulk ma¬ handling, chemical prod¬ ucts manufacture, and food proc¬ essing. This industry is dependent terials on the port's waters turing or processing products. : (P. O. Rhinebeck), N. Y. Offering—Walter E. Sny¬ District sealed on bids June Clerk, until 6 for 2 1956 to 1985 and interest purchase bonds. on receive (EDST) p.m. the building May 1, 1956. Due $690,000 will of Dated Nov. 1 from inclusive. (M-N) Principal payable <at beck. Legality approved by Vandewater, Sykes, Heckler & Gallo¬ way, of New York City, Walden, N. Y. sewer the Sale—An issue of $47,500 system Valley Wallkill, 100.25, a bonds was National sold Bank, Dated Dec. June 1 from 1, 1957 to Principal and in¬ payable at the City Legality ap¬ by Peck, Shaffer & Wil¬ office. liams, of Cincinnati. Columbus, Ohio Sale Bond No. The $1,500,000 Enlargement Fund — Works bonds offered May 31 — 2469—were awarded to group composed of Harris Trust & Savings Bank; Clark, Dodge & 1 183, v. p. a Co.; George B. Gibbons & Co., Inc.; Hannahs, Ballin & Lee; and Courts & Co., as 2%s, at a price of 102.68, a basis of about 2.60%.' Additional Flexible Fund day same Sale—The 1 bonds sold were $450,000 System Control Traffic No. offered to a the, group of Bankers Trust Co., City,' Kidder, Pea body Co.; Salomon Bros. & Hutzler; Stone & Webster Securities Corp.; Ball, Burge & Kraus; Folger,Nolan, Fleming-W. B. Hibbs & composed New York & Co., and Raffensperger, Hughes & Co., as 2V2S, at a price of 101.13, a basis of about 2.31%. Columbus, Ohio ' Brown receive sealed bids until 10:30 a.m. (EST) Cain, —Agnes City June on Clerk, 13 for the will of fol¬ purchase $789,544 bonds and notes, as lows: $692,000 expressway bonds/ Due on July 1 from 1958 to 1982 inclusive. Legality approved by Squire, Sanders & Dempsey, of Cleveland. 97,544 special assessment street improvement notes. * Due on Jan. 15, 1958. Legality ap¬ proved by Bricker, Marburger, Evatt & Barton, of Co¬ _ „ . lumbus. Dated July 15, 1956. Principal (J-J) payable at the City Treasurer's office. interest and Eastern School Local District (P. O. Chester), Ohio. "V Offering — C. Ed Hum¬ phrey, Clerk of the Board of Edu¬ cation, will receive sealed bids until 8:30 p.m. (EST) oh June 13 for the purchase of $425,000 build¬ ing bonds. Dated June 1, 1956. Due to of as 2.90s, at a price- of basis of about 2.85%. Dec. on inclusive. 1 from 1957 to 1979 interest (J-D) payable at the Pomeroy Na¬ tional Bank, Pomeroy. Legality approved by Bricker, Marburger, Evatt & Barton, of Columbus. Erie Principal and O. Sandusky), Ohio Bond Sale The $81,000 real estate bonds offered May 28—v. 183, p. 2469 — were awarded to Stranahan, Harris & Co., Inc., of Toledo, as 2V2s, at a price of 100.44, a basis of about 2.38%. *. County (P. ' , the First National Bank, of Rhein- Bond June 19 on Bond Central School District No. 1 der, * . (J-D) in manufac¬ Rhinebeck, Clinton, Milan, Red Hook, Hyde Park and Stanford Bond bonds. on Treasurer's prod¬ industries . inclusive. Bond cludes ness" (EST) noon provement water (5) Port Trade and Finance employs 96,000 people earning $463 million a year. This vital part 7 for the purchase of $55,000 special assessment sewerage system im¬ port. includes the building of new har¬ bor basis a Chillicothe, Ohio Bond Offering—David K. Webb,- Water (3) Marine Construction em¬ ploys 34,100 Port District workers formed price of 100.22, a of about 3.46%. main¬ tenance. annual ; v. proved voyages and an 1.21%. and ocean at Durham," 100.21, a; of Brooklyn, Ohio terest and * Bond Sale—The swimming pool duct marine salvage, provide sup¬ plies required by vessels in their administration price at City Auditor, will receive sealed employs 65,200 persons at payroll of more than million to move goods and harbor CAROLINA NORTH Bond the on Barge annual tions, Wood, of New York r - ' of (2) Auxiliary Marine Transpor¬ other & City. a shipping handle foreign, vessels ocean on em¬ million the for bonds Due resi¬ also include the said that the results of the study were "most gratifying" but at phasized Bond Offering—Frank V. Treasurer, that are dated May 1, May 1 from 1957 to 1968 inclusive. Principal and in¬ 1956. OHIO transportation. in merce be New Paltz, N. Y. Village working year lines The Monday, June 4, 1956 . . First Securities Corp., of $429 earn livelihood upon war and Lockport Common Newfane Port ment wages bonds. labor and intercoastal nual trict." sealed (EDST) on June purchase of $195,000 the mainte¬ - Marifie Transportation 13,000,000 or about one out of every four, are directly or indirectly dependent for their bids until 3 p.m. for (1) These about District Clerk, will receive building (4) waterfront , gories of port jobs, the Port Au¬ thority study revealed that: We dependents. of New York generates a local in¬ Central Sch. Dist. No. 1 6 . breakdown of the six cate¬ a job each average, an has waterborne Salem and Fort Edward developed of in 000 jobs are created borne Jackson, Argyle, Hebron, out one commerce. jobs Greenwich, Eaton, Cambridge, han¬ of The Port of New York Author¬ from (J-J) payable at the Washington Trust Co., Washington. Legality approved by Hawkins, Delafield & Wood, of New York City. Jersey Port Bond Sale—The Washington School District, N. J. p. May 23—v. 183, p. Legality No. school $64,000 the New Port District public May by Donald V. Lowe, Chairman therefore Mar ilia, Wales, Lancaster, and Bennington Central Sch. Dist. No. 1 (P. O. Box Elma, of out in livelihood information to holder Sale—The Study—One dling of waterborne commerce in jobs. Bond Teaneck his City. Trust Bond In and stable conditions." $255 Significance persons York-New owes the Manufacturers & Co., Buffalo. Le¬ gality approved by Reed, Hoyt, Taylor & Washburn, of New York payable at Traders 2.43%. on 1, 32, Elma). N. Y. Trust , April Principal and interest (A-O) (P. O, Princeton), N. J. Bond Sale—The $695,000 build¬ ing bonds offered May 24—v. 183, Dec. dated are in four come bonds The 1956. Economic Revealed avery Mr. 60,700 lateral sewer bonds. Due on April 1 from 1957 to 1960 Aurora Princeton Sch. Dist. until inclusive. 1960 Authority, New York Lowe $101,200 bonds, as follows: $45,000 street improvement bonds. Due on April 1 from 1957 to City. p. June 8 for the purchase on York New the Port of New New York Bond York; of nance passengers Holtz, Town Supervisor, will re¬ ceive sealed bids until 3 p.m. approved of Port's and payable (J-D) Port exist¬ tne tation York New New of an Elbridge and Geddes Central Sch. Dist. No. 1 (P. O. Camillus), at the Morristown Trust Company, Mor¬ interest mium of $16. Camillus, Van Buren, Onondaga, Offering—Heien A. Mun- Bond son, York New & Delafield to Salomon Bros. & of New York City; our ing lower rates applying to com¬ peting Atlantic and Gulf Coast ports; (3) promotion of the ad¬ vantages of shipping via the Port who National tral Port of New York and dents Hutzler, of facilities; (2) restora¬ tion of equality between trans¬ portation rates applying to the lows: terest dated are and' improvement waterfront 66,400 (J-D) payable at the Cen¬ Bank, of Washing¬ tonville. Legality approved by Aug. 1, 1956. Due on Aug. 1 from 1957 to 1981 inclusive. Principal and in¬ bonds zation ploys June 1 from 1957 to on inclusive. Sale—The $16,084,000 must fulfill we requirements for port These are: (1) moderni¬ 183, p. 2589—were awarded as fol¬ June 6 for the 1956. that means progress. Authority, $24,084,000 is¬ CXX notes offered May 29—v. sue J. McLaugh¬ Bond Offering—E. that the Au¬ announces thority Note loo, Clerk of the Board of Chosen Freeholders, will receive sealed bids until noon (DST) on June 14 for the purchase of $5,060,000 bonds, as follows: The Cruise "This four-basic Note Offering—Chairman Philip J. Blooming New Authority, New York City Housing New York NEW YORK Hudson County (P. O. New York City Housing New York . _ . . — Newbury Local School Dist., Ohio Bond Offering—Jessie Dutton, Clerk of Board of Education, will receive sealed bids until 8 p.m. Volume 183 Number 5539 ; . The Commercial and Financial Chronicle . (2*703) (EDST) on June 19 ior the pur-, chase of $190,000 building bonds,; Dated June 1, 1950. Due on Dec. or at . the : Ohio Citizens Trust Company, of Toledo. Legality proved by Squire, : Sanders Sequoyah County Indep. Sch. Dist. No. -4' (P. - O." Gans), Okla.a ap¬ - & Bond t&ue—Tne ■ bonus totaling to 1975 inclusive.^ Dempsey^ of Cleveland.4, - V r V $15,200 offered May 24—v.. 183, Principal and interest (J-D) pay¬ p, 2469—were awarded, as fol¬ Tronton Local School District, Ohio able at the First National Bank lows: "V: *■' ' of Burton. Legality approved by V; Bond Offering — Robert E. Squire, Sanders & Dempsey, ol Wearly," Clerk of the Board of $11,000 repair bonds to the SmallV Milburn > Co., and Evan L. Cleveland. Education, < will receive ; sealed Davis, jointly. oids until noon (EST) on June > Note; —? The foregoing supple¬ 21 for ; 4,200 transportation bonds the purchase of to $204,000 ments the report published in our w Calvert & Canfield, of Oklabuilding bonds. Dated JuneVl, issue of May 21—v. 183, p. 2469. "i 1956. Due on 1 from . 1957 ' * - Dec. t/North Olmsted,Ohia -jr'f'jW * Bond Otferingi^-E. to First man,; City Auditor^ will receive sealed bids until noon (EDST) on June 8 purchase of $43,000 municipal coach bonds. Dated 1957 to 1961 and interest Oct. on 1 Principal (A-O) payable at the Parma City School Middle- :Bond will Cleveland, District, Ohio a of from Adait June 6 for the on pur¬ be Offering—Harry L. Mar¬ shall, Clerk of Board County Dependent Schi Dist. notes. Dated $6,666.66 on current June 1, the ceive 1969 inclusive. to will receive bids Clerk-Treasurer of the Board yYYY -VV-- Meeker, Okla. Bond Dated July 1, 1956. ' ^ water National Bank of Portland.; Tigard Sani¬ tary District (P. O. Tigard), Ore Bond Sale—The $150,000 sani¬ tary bonds offered May 22—v. 183 2346 p. — National Bank June S. Jones ' jointly, at works awarded to were Portland, and Co., of Portland price of 98, a Firs of & terest cost of about net in¬ a 4.32%, / i sive. York 1956 to 1965 dated are Dec. 1 on inclusive. Dec. June 21 bonds. . ; Dated Dec. on for the street 1 clusive. July from purchase 1957 Principal bonds, of improvement 1,11956. Due to 1966 and 85,000 interest (J-D) • payable at the Cleveland Trust Co., Cleveland. Legality ap¬ proved by Squire, Sanders & Dempsey, of Cleveland. *, -Y.'t. -.\ Euclid, Ohio Bond Sale—The $500,000 recrea¬ tion bonds offered May 28—v. 183, p., 2234—were awarded to Field, & Co., of Cleveland, as price of 100.39, a basis of about 3.26%. and interest payable at the City Treasurer's Bond bonds Sale—The offered office. Legality ap¬ Townsend, Elliott & Munson; of Philadelphia. 31 2346—were awarded to y Bond $350,000 gen¬ eral obligation improvement bonds offered May 24 — v. 183, p., 2470—were awarded to Kidder, Peabody & Co., and Bache & Co., jointly, as 2%s, at a price of 100.007. y tem mortgage sewerage revenue bonds was sold sys¬ to a group composed of White, Weld & Co., First Boston Corp., and the Ohio Company, as 3V2s, at a price of 102.50, a basis of about. 3.30%. Dated May 1, 1956. Due on Dec. 1 from 1957 to 1985 inclusive.. In¬ Toledo, Ohio Bond Offering—John J. Sheehy, City Auditor, will receive sealed bids 12 until for express the noon (EST) on June J. W. Tindall & Co., as 2%s, at price of 100.05, a basis of about 2.74%. a TENNESSEE Bond Sale—The bonds Offering—W. offered 2127 p. Sloth- Borough Clerk, will receive bids until 8 p.m. (EDST) on June 7 for the purchase of $25,000 general obligation bonds. ower, sealed of) of the State will Board receive 15 for a.m. (CST) on June purchase of $600,000 follows: the bonds, as $450,000 Sale—The $510,000 gen¬ obligation promissory notes offered May 25—v. 183, p. 2470?— Tennessee Industrial Agricultural State Univer- sity dormitory revenue bonds. Dated April 1, 1956. Due on April 1 from 1958 to 1976 in¬ * clusive. eral Principal and inter(A-Q). payable at- the est v Third National Bank, Nash¬ ville, or at the Chemical Corn Exchange Bank, New York City, First Penn¬ sylvania Banking & Trust Co., of Ardmore, as 2s. Morton, Pa. 150,000 East Tennessee « State College dormitory - revenue Offering —R. Bond airport improvement pay¬ able at the Chemical Corn Ex¬ change Bank, of New York City, issuance of Co.; and J. at a were — to ' County Indep. - Bond the bonds. 1972 Due building serially from 1959 to inclusive. , of the will receive (CST) Board sealed on of Education, bids until June 6 for the chase of bonds. 1 pur¬ Due in 1960 and 1961. Rogers $4,500 County District No. 15 transportation Dependent and School (P. O. Claremore), Offering — - to 1970 1 from 1957 1969 Due ■v East to 1972 1966; to 1973 to on 1 inclusive; June on 1 inclusive; June on 1976 inclusive. bonds, as June 1, 1986. Donegal and June on school Sch. Dist. 3.10s. (P. O. R. D. No. 1, Mt. Joy), Pa. Bond Offering—John D. Secretary of Board of Directors, will receive sealed bids until 7:30 p.m. (EDST) on June 7 for the purchase of $80,000 general obli¬ gation bonds. Note not — sold to The above bonds were when originally sched¬ be offered on May 3. East Mifflin County Joint School Authority (P. O. Lewistown), Pa. Bond Sale An issue of $2,430,000 school revenue bonds was (DST) on on Dated Dec. 1 June from 1, 1957 1956. to bonds. Dated July 1, 1956. July 1 from 1958 to Principal and interest (J-J) payable at the Due on | 1986 inclusive. Hamilton National Orville L. Kidder, Stroud & (CST) on June 6 for the purchase of $4,500 building bonds. sold hill, Co., to a syndicate Peabodv composed of & Co., and Co., Bache & Co., Hemp¬ Noyes1 & Co., Ira Haupt & Moore, Leonard & Lynch, Bank, New York TEXAS Upper Darby Twp. (P. O. Upper Darby), Pa. Bond Offering — J. E. Malone, Secretary of Board of Township Commissioners, will receive sealed bids until 8 p.m. (EDST) on June 12 for the purchase of $500,000 1971 bonds. on Dated July July 1 from 1957 Principal and payable at the inclusive. interest (J-J) Upper Darby National Bank, Upper Darby. Leality approved by Townsend, Elliott & Munson, of Philadelphia. Arlington, Texas Bond Sale—An issue of street improvement States National $250,000 bonds was sold to Rauscher, Pierce & Co., of Antonio, as follows: San $170,000 3%s. Due on June 1 from 1958 to 1973 inclusive. 50,000 3V4S. Due on June 1, 1974 and 1975. 30,000 3%s. Due June 1, 1976. The 1956 and bonds and are June dated those maturing thereafter are 1, in 1972 callable as of June 1, 1971. Principal and inter¬ est (J-J) payable at the Texas & Trust Co., Dallas. Legal¬ ity approved by Dumas, Huguenin & Boothman, of Dallas. Bank Aspermont, Bond Upper Yoder Twp. School District (P. O. Johnstown), Pa. Bond Sale—The $32,000 build¬ ing bonds offered May 23—v. 183, p. 2470 — were awarded to the United M in¬ Principal and interest payable at the County Treasurer's office. Legality approved by Townsend, Elliott & Munson, of Philadelphia. improvement 1, 1956. Due City. Legality of bonds approved by Caldwell, Marshall, Trimble ; & Mitchell, of New York City. clusive. to Bank, Johnson City, or at the Chem¬ ical Corn Exchange Due 1967 Texas Sale—An issue of $30,000 water works system improvement and extension tax bonds was sold to H. L. Shaffer & Co., of Ama3s. Dated May 1, 1956. May 1 from 1957 to 1964 inclusive. Interest M-N. Legality rillo, Due as on Bank, of Cunning¬ ham, Schmertz & Co., jointly, as 3y4s, at a price of 100.35, a basis approved by McCall, Parkhurst & of Bexar Johnstown, about and S. K. 3.17%. RHODE Bond Offering—Ralph E. Tedeschi, City Treasurer, will receive sealed bids until 11 a.m. (DST) June 14 for $964,000 bonds, the as purchase follows: Sale — The $400,000 im¬ provement revenue bonds offered Warwick, R. I. Bond on Crowe, of Dallas. Metropolitan Water Distrtct (P. O. San Antonio), Texas ISLAND — until p.m. from $250,000 3s, due Baker, Sr., Clerk of Board of Edu¬ cation, will receive sealed bids 7:30 1967 790,000 uled Oklahoma Bond 1 Rolan, Rogers County Dependent School Dist. No. 41 (P. O. Chelsea), Okla. Bond Offering—Nolan Hargrove, Clerk follows: inclusive; from and 1 $170,000 2.95s, due City), Education, will site as on from Offering—W. P. Butcher, $205,000 net interest June 1, 1965 and $150,000 2.90s, due receive sealed bids until 7:30 p.m. (CST) on June 4 for the purchase of Co., $40,000 2.70s, June 1, 1962; $40,000 due on June 1, 1963; $40,000 2.80s, due on June 1, 1964; $100,000 2.85s, due on Oklahoma V * & 2%s, School Dist. No. 52 (P. O. Midwest a 3.13%, June on due V. State National Bank of Weleetka. Oklahoma Sparks $970,000 school bonds: $180,000 3s, due awarded Yarnall, Biddle W. price of 98.31, cost of about Sale—-The .2590 sealed bids until 2 p.m. bonds. & $60,000 build¬ ing bonds offered May 29—v. 183, p. Offering—Robert Gibson, Controller, will receive June 21 for the purchase of $600,000 funding and improvement County Indep. Sch. Dist. (P. O. Weleetka), Okla. 31 Bond County of sealed bids until 11 (P. O. Ardmore), Pa. : 183, v. — Offering—Quill E. Cope, Education, Note to the 29 Tennessee (State Lower Merion Twp. School District awarded $300,000 school May awarded to the First National Bank of Memphis. Chairman A. Jackson)$ were — Bond composed of Drexel & Co.; Bache & Co.; Schmidt, Poole, 1961 No. purchase of $1,500,000 bonds. Dated July 1, 1956. Due on Oct. 1 from 1957 to 1976 inclusive. Principal and interest (A-O) 2346—were awarded to p. group Okfuskee p.m. terest J-D. 183, v. a 183, group of the Trust Company Georgia; Equitable Securities Corp.; J. H. Hilsman & Co.; and vy:: y;;v Lemoyne, Pa. Bond were a composed Sale—The from enue road v. -r- Madison County (P. O. Tennessee Lebanon School District, Pa. ; . 1 $600,000 May by Roberts & Parke; - Clerk of Board of -• Sale—An issue of $1,280,- first incl. Due from 1959 to 1964 May 8 authorized $670,000 bonds. South Bond 1971 equipment Y'.- CAROLINA of fol¬ as Bond Sale—The $1,760,000 rev¬ bonds offered May 24 -~ - bonds. Voters of the city at an election 2345—were awarded to Magnus & Company, of Cincinnati. 000 to fighting on p. Steubenville, Ohio yyvv'Y''' 50,000 storm sewer bonds. Due •>' from 19584o 1963 inclusive. ' ing bonds offered May 24—v. 183, a from- 1959 fire bonds. , 3%s, at ^ sewer inclusive,-.^ . Southeastern Local School District (P. O. Richmond Dale), Ohio 'Bond Sale—The $80,000 build¬ Richards ;; Due in¬ follows: sanitary as $315,000 1, pay¬ Hospital Legality Storey, Thorndike, Dodge, of Boston, t . $125,000 on 1965 in¬ County (P. O. York), S. C. ■ * on on by Y i■ . , 1976 in- to Principal and interest SOUTH improvement bonds. Dated June 1, 1956. Due on June 1 from 1958 to 1966 inclusive. Principal Bond July on ; 1956 1956 to Palmer & serially from 000 lows: $58,000 4s.'Due Due able at the Rhode Island Trust Co., Providence. C. Sakers, Borough Secretary, will receive Principal and interest (J-D)" iR. J. Edwards, Inc., of Oaklahoma 1959 to 1970 inclusive. r V bids until 8 p.m. (EDST) on June payable at the Citizens Banking City.£ 4;. YYYY',; ■ YY'YY 92,000 4Vis. Due on July 1 from 4 for the purchase of $20,000 genCo., Perrysburg. >:j Vr > "i*" y ,1971 to 1981 inclusive."C l'i^Norman,Dkla.1 yh e r a 1 !.;'Y obligation improvement ;: Bond Offering—T. C. BarrowV;;:1: ' V 4Solotl, Ohio- £ fPK* bonds. PENNSYLVANIA Yv1' Y Y y ./" y V Bond Offering—Thelma E. Lin^ man,- City = :Clerk, will * receive Northumberland County (P. O. ton, Director of Finance, will re- sealed bids until 8 p.m. (CST) on Central Bucks Joint Sch'. Building *ceive sealed bids until noon June 5 for the purchase of Sunbury), Pa. $450,000 Authority (P. O. Doylestown), Pa. (DST) Dec. 1 from 1957 to 1979 inclu- on from bonds 1955. and Washington County, sanitary sewage system bonds totaling $50,000 offered May 24— v. 183, p. 2469—were awarded to Due interest (J-J) payable City Treasurer's office. United, States \ ■ p.m. (P. O. Athena), Oregon Sale—The $10,000 build¬ ing bonds offered May 22—v. 183, p. ,2470 —^ were awarded, to the ; 1 from p. 29 and building bonds. Sale—- The 8 and the Y) bonds. clusive. sealed bids until 8 p.m. (DST) on June 12 for the purchase of $85,- Bond of Education, will receive sealed bids until 8 p.m. (EST) on June 18 for the purchase of $800,000 until Dec. 1,400,000 33/4s. Due in 1996. Umatilla County School District No. ■ p.m. • bids - cipal (CST) on June 6 for the pur¬ Perrysburg Exempted Viltage^Scfu chase, .$7,500 building, -equips ,*X; District, Ohio > iI*K''—Y' f, ment and site bonds. Due from Bond Offering — Hilda Isch, 1959 to 1965. inclusive.:. ' ' • v at until; 8 • i.;''..: from 1957 to 1976 inclusive. Prin¬ YYY^YYY sealed The on June 4 for the purchase $78,000 water system bonds. Dated July 1> 1956. Due on Jan. 1 - Metropolitan:Bbnk of I^ma^; ^ 1C (PST) of 1957;* Adair County Dependent Sch. Dist. and is? No. 32 (P. O* Stilwell), Okla.\ June 1, 1959. Princi¬ Bond Offering — George Mays, interest payable at the; Clerk of the Board of Education, sealed school approved 1976 inclusive. on 200,000 highway bonds. Due The Bond- Offering — Miss Florence M. West, City Clerk, will receive States National Bank, v 1984 in¬ . elusive. serially from y;yHazelton, Pa. — Due to . 50,000 fire bonds. Due inclusive.- Due . Dec. 1 from 1964 inclusive. 1972 bonds. 1956 from 1970 Rainier, Oregon Oiteiin^-—Evenl M. McCity Recorder/ will re¬ Kinley, of $11,000 school building and equipment bonds. Due from 1959 ex¬ on and pal 1 United Bond • by ] $6,666.06 Von. June .1^,1958; $6,666.68 to Due 285,000 3V2S. proved the Clerk of the Education until 7 p.m. of Sale of Portland, (CST) on June 6 for'tfie purchase 1956. June \1, received Board of. Educa* tion, will receive sealed bids until 8 p.m. (EST) on June 13 for the Due 1958 to .1-972 to building $1,250,000 building bonds offered May 25— v. 183, p. 2470—were awarded to County Dependent Sch. Dist. JVo. 29 (P. O. Stilwell), Okla. Bond Offering—Sealed bids will v- 3%s. 1969 to 5 the ... Bond Adair Perry Local Sch. Dist. (P. 0,^f *■: R. 6, Lima), Ohio ' •* pense for Clatsop County Sch. Dist. No. (P. O. Astoria), Oregon No. 28 (P. O. Stilwell), Okla. Bond Offering—Sealed bids will . ' Due * 8 OREGON Company, Sing¬ i Seribner, Sweney; be received by the Clerk of the Cartwright & Co., Ginther, John^ Board of Education until 2:30 ston & Co., J. A. Overton & Co., p.m. (CST) on June 6 for the and Curtiss, House & Co., as 3V4S, purchase of $23,500 building bonds. at. a price: of 101,14, a * basis' bf Due from 1959 to 1966 inclusive. about 3.12%. Y;— $20,000 until $27,000 D<eane, & of bids June inclusive. group Central Republic purchase sealed on Offerings-Cornell; Collins; (CST) p.m. composed of Harriman Ripley & Co., Inc:, Baxter,- Williams; & Co., Note Bradley, Education, bonds. Stilwell), Okla., Clerk sqfi the Board of Education, v/;ll, receive sealed bids until 1:30 Bond Sale—The $900,000 build¬ . (CST) 314,000 inclusive. 225,000 3V4S. Due serially from 1965 ,to 1968 inclusive. 260,000 3%s. Due serially from L. of purchase chase of $14,500 building bonds. ing bonds offered May 28-Yv. 183, Due, from 1961 to- J967 inclusive. p. 2345—were awarded to er, Board receive p.m. County Dependent Sch. Dist. No. 22 (P. O. Offering—L. Clerk of the ' Bend 145,000 Stephens County Dependent School Dist. No. 53 (P* O. Duncan), Okla. the Legality approved by Peck, Williams, of Cincinnati. Adair Y;YY(YY; * of 1961 1 clusive. $115,000 3s. Due serially from 1957 to school - Dec. fer, Necker & Co., Walter Stokes & Co., and Arthur L. Wright & Co., as follows: ..v,!; "'vi- . $400,000 Arthurs, Lestrange & Co., Schaf- 1962 and I'M#®OKLAHOMA from inclusive.- National City Bank of North Olmsted, '.vf, ■ Bank v;:1'.- homa City. 1957 inclusive... Principal (J-D). payable at National town.* from Shaffer & for the May 1, lilcKi. Due 1976 interest MY Christ-: 1 Singer, Deane & S c r i b n e r, Schmidt, Poole, Roberts & Parke, Hallowell, Sulzberger & Co., Har¬ rison & Co., Fauset, Steele & Co., Rambo, Close & Kerner, Inc., 63*. of May 19—v. 183, p. 2346 awarded to a group — were composed of Robertson & Pancoast, Russ & Co., and Dittmar & Co., all Dewar, •' 64 «r4 ' ' V ' " ' Secretary, will receive bids the of office the at Regents, Tribune Bldg., until 10 a.m. (CST) on of Austin, UTAH ,Vork City. Legality approved by Spence Gibson, issue of Sale—An Bond $35,000 4% street improvement bonds was sold Dallas to Dallas. - Rupe Dated of Sons, & May 15, 1956. Due 1968 to 1978 in¬ Interest M-N. Legality May 15 from on clusive. approved by Dumas, Huguenin & Killeen, Texas Sale—The Bond : $100,000 gen- eral obligation bonds offered May '.*• receive sealed bids until 2 p.m. (MST) on June 14 for the purchase of $1,265,000 water conservancy bonds. Dated Sept. 1, 1955. Due on Sept. 1 from 1958 to 2005 inclusive. 2591—were awarded First National Bank of Utah, N. A., Fourth South Branch, Legality approved Salt Lake City. by Chapman & Cutler, of the to Indep. Sch. Dist., Texas Bond Sale—An issue of $25,000 building bonds sold was to J, M. A. Hagberg & Co., Inc., of DalDated April Jas. April 15, 1956. Due on Interest Offering Bond — Due (J-J) payable at the Marine Na¬ Exchange Bank. Legality tional City ceive sealed and Joint Sch. Dist. re¬ Shullsburg), Wis. p.m. of to 1988 in¬ 1 Boothman, of Dallas. Pear May 1, 1959 from Town ~ Hall of $25,000 issue bonds sold was to Rowles, Winston & Co., of Houston. : v"v ; San Bond Sale—An issue of $350,000 street improvement bonds was sold to Shearson, Hammill & Co., * York of New National cantile ? City, and the Mer¬ Bank, of Dallas, follows: as 1961 ; 1057 to 1971 inclusive, J . 46,000 3V8S. Due v 1972 - 1976 to 173,000 3%s. Due June 1 from on June Interest J-D. Legality approved by Gibson, Spence & Gibson, of Austin. »/ 1, 1956. Spearman Indep. Sch. Dist., Texas '*/*■ Bond school Sale—An issue of bonds $50,000 sold was the to Columbian ■i, Securities Corp. of Texas, and Burt, Hamilton & Co., jointly. Sudan Indep. School District, Texas Bond Sale—An issue of $425,000 school house bonds State Permanent 3.40s, at Due was sold to the School Fund, from 1957 (PST) on June 11 for the purchase of $12,500 fire truck and equipment bonds. Dated July 1, p.m. 1956. No. 5 Texas Sale—An of $100,000 school bonds was sold to Burt, Hamilton & Co., and Dallas Run* <& Sons, Inc., jointly. . Sundeen Indep. Sch. District, Texas Bond Sale—An issue of $300,000 school house bonds was sold to * Moroney, Beissner & Co., and Lovett, Abercrombie & Co., joint¬ ly, as follows: State Skamania No. 1 County School District (P. O. Stevenson), Wash. Sale—Th6 Bond Rockefeller On of 43% Stock on 31, cents and the able at May a 1956, per will receive sealed p.m. (PST) on June purchase of $399,000 obligation bonds, as fol¬ 8 fire department June close York on of 40 cents were N. Y. Due 1958 1976 The improvement street bonds. to bonds on June 15 from inclusive. dated June 15, 1956. Principal and interest (J-D) payable at the office of the Direc¬ per share pay¬ J. 13, NEUMANN, 1956. Secretary 1 a price of 99.77. Due on 1957 from are Debenture Sale Ltd., Toronto. Due Beloit), Bond Sale to inclu¬ 1976 — J i 116,000 of the bonds which mature on and after April 1, in v , < be city favorably considered. The right is reserved to reject any ; .. . prior to the delivery of said bonds the income private holders from bonds of the same type and char¬ taxable by the terms of any Federal income tax law the successful bidder may be relieved of its obligations under any accepted proposal to purchase the bonds, and in such case of the the amounl good faith check will be returned upon request. By order of the Board of May, 1956. Commissioners this the 28th day of ; ( • CLEM S HOWARD City Clerk City of Ashland, Kentucky issue of An on June 1 from Sale—An issue of Bond to improvement bonds $1,452,- was sold Bell, Gouinlock & Co., Ltd., and Mills, Spence & Co., Ltd., joint¬ ly, as 4Y4S and 4s, at a price of 98.55. Due on May 31 from 1957 5% sold to J. school L. Due on issue of debentures & Co., Graham a price of 97.90. June 30 from 1957 to 1976 inclusive. Wis. The Bond Sale—An issue of improvement bonds was Fry & Co., as 4s, at a 94.09. Due 1 to 000 Sch. on $93,000 sold to price of March 15 from 1957 1976 inclusive. Interest M-S. was sold to Gaston Laurent, Inc., at a price of 97.57, a net interest cost of about 4.76%, follows: $52,000 3M>s. Due on June 1 from Commission, Sale—An school issue bonds Compagnie de Valeurs ment, Ltd., at net interest a of Que. $340,La Place¬ en price of 97.19, a 4.74%, about cost of 27,000 4Y2S. Due on June 1 from 1960 to 1976 inclusive. sold to was Dated as follows: 1957 to May 1 from on Sale—An Bond school bonds are dated 97.67, a 4.61%, May 1 from bonds issue was Int. J-D. Quebec $123,sold to of net interest cost of about as follows: $102,000 4s. Due on April 1 from 1957 to 1971 inclusive. 1965 to 1976 inclusive. 1956. 1, 1956. Credit-Quebec, Inc., at a price of on 1964 inclusive. 112,000 4%s. Due The June Oka School Commission, 500 $228,000 4s. Due Ridgetown, Ontario school bonds 1957 to 1959 inclusive. Bond An Quebec Sale—An issue of $79,000 Bond as QUEBEC Ontario — of clusive. Chicoutimi Sale issue An — Toronto, at a price of 98.53. Due on Nov. 1 from 1957 to 1976 in¬ Separate School Board, Debenture Sale $60,000 5% school debentures was sold to J. L. Graham & Co., Ltd., to 1976 inclusive. Interest M-N. Oshawa Cookshire Protestant School Board, Sunnidale Township, Ontario Debenture Guelph, Ontario Ltd., Toronto, at $51,000 cor¬ porate purpose bonds offered May 28—v. 183, p. 2471—were awarded to a group composed of the Beloit Savings Bank, Beloit State Bank, — i ■ acter become 1957 to 1972 inclusive. $130,000 Kenucane (P. O. . 117,000 122,000 I u 113,000' $16,000 5% fire truck debentures was sold to J. L. Graham & Co., Legality approved by Preston, Thorgrimson & Horo¬ Beloit Township, Thomas School District No. 6 108,000 -i to be optional for redemption by said city prior to maturity (less than all of a single ma¬ Interest J-D. sive. tor of Finance. Preferred declared, June 4%s, at as 979 1968 inclusive. 294,000 dividend to stockholders of record business P. 20, the Bond Corp., 1958 to WISCONSIN quarterly a Stock 1956, of New composed of the Bankers Ltd., Anderson & Co., group bonds. 15 from >' These bonds are to be issued for the purpose of constructing extensions and improvements to the municipal water¬ works system and said bonds, together with any additional bonds ranking on a parity therewith as may be hereafter issued and out¬ standing under the conditions and restrictions set forth in said ordinance, will be payable solely from the revenues from said water¬ works system, and the municipal sewer system that may be hereafter lows: on 58,000 »■ 104,000 Deseronto, Ontario the Due 54,000 56,000 i 100,000 1993... 52,000 1 93,000 96,000 : derived by $800,000 improvement bonds was sold to a Lovette, Clerk, until for NOTICE share dividend Common July 2, the Plaza, Barrie, Ontario Vancouver, Wash. bids 50,000 In the event that June G. 48,000 and all bids. ONTARIO was GEORGE W. HELME COMPANY 5 Due on May 1 price of 95.00. a 2471—were sold to the State of Washington. Offering—R. 89,000 1990__. 46,000 a " Ashland, Kentucky. Ltd., and the Bank of Nova Scotia, Bond 44,000 > will Nesbitt, Thom¬ Ltd., Dominion Securi¬ Corp., Ltd., and the Canadian Bank of Commerce, as 3%s and 4s, & Co., $70,000 school bonds offered May 24 —v. 183, p. 42,000 J 86,000' I est M-N. $250,000 Bond Sale—An issue of witz, of Seattle. DIVIDEND a improvement bonds was sold to a at Washington. 41,000 -! from 1957 to 1976 inclusive. Inter¬ Bond Sale—An issue of - $40,000 school bonds offered May 24 — v. 183, p. 2471—were sold to the State of $105,000 issue to ties 'J 39,000 : 82,000 ' 1986— will furnish the prepared bonds and the approving opinion of Messrs. Chapman and Cutler, lawyers, Chicago, Illinois, and all bids may be so conditioned. Bidders must furnish certified check for $52,000, as guarantee of good faith, this amount to be forfeited by the successful bidder as agreed liquidated damages for failure to take up and pay for the bonds when rdady, Bidders should specify the interest rate or rates for the bonds (not exceeding 4% per annum) which rate or rates must be a multiple of one-quarter of one per cent, and all bonds of the same maturity to bear the same interest rate. No bid for less than 100%. of par plus accrued interest son the 76,000 79,000 1985___ SCOTIA gratip composed of r 35,000 36,000 38,000 70,000" 73,000 April 1, 1966, at 103 if called for redemption on or prior to April 1, 1976, thereafter at 102 to and including April 1, 1986, thereafter at 101 to and including April 1, 1990, and at par thereafter. Both prin¬ The Sale—The general Bond to 33,000 68,000 combined and consolidated with said waterworks system. NOVA 183, County School District /P. O. Stevenson), Wash. Bond 12 ;• sold composed of the Dominion Securities Corp., A. E. Ames & Co., Ltd., Wood, Gundy & Co., Inc., and McLeod, Young, Weir, Inc., as 4s. Due on May 15, 1981. school v. Skamania City • sold 2471—were p. as Sulphur Springs Indep. Sch. Dist., was $1,750,- Antigonish, N. S. Washington Bond Sale—The $19,000 bonds offered May 24 — Crowe, of Dallas. „■ bonds water 32,000 cipal and interest are to be payable at the Second National Bank Sale—An issue of • . County School District No. 29-93 (P. O. Stevenson), inclusive. Interest J-D. Legality approved by McCall, Parkhurst & . - until bids sealed receive will 8 1986 to British Colombia 000 31,000 $60,000 63,000 65,000 i turity to be selected by lot) on any interest payment date on or after COLUMBIA Greater Vancouver Water District, Bond are 1978! in the inverse order of their maturity CANADA BRITISH 19732645 1965 1977—. $27,000 28,000 30,000 the portion but inclusive. 1967, Le¬ Ilwaco, Wash. Dated June 1, 1956. par. June 1 on City. Bond Offering—The City Clerk of Washington. 1986 inclusive. 1977 to Dated June 1 from on inclusive. 1974 to group June 1 from on from 1 4140,000 3V4S. Due on May 1 from of fiscal agency the at or gality approved by Weter, Roberts & Shefelman, of Seattle. Skamania $131,000 3V4S. Due May on inclusive. 1975 the State in New York , Marcos, Texas Due 3s. 1958 to 1960 inclusive. 1956. Due on May to Principal and interest (M-N) pay¬ able at the City Treasurer's of¬ fice, Ridge, Texas Sale—An Bond follows: as on Dated Legality build¬ ing bonds offered May 24—v. 183 p. 2471—were awarded to Allan Blair & Co., and the Channer Se¬ curities Co., both of Chicago, June 6 for the purchase $1,000,000 water revenue bonds. (PST) No. 6 (P. O. Sale—The $155,000 Bond * approved by Dumas, Huguenin & New Gratiot, $15,000 until 7:30 bids (City) and Shullsburg, Diggins, Monticello White Oak Springs (Towns) Shullsburg Amount Year Amount 1961—... & approved by Lines, Spooner Quarles, of Milwaukee. dated April be Year July 1 from 1957 to 1976 Principal and interest on 111999878024372 4 1, 1956, will be numbered consecutively will be of the denomination of $1,000, will bear interest payable semi-annually, and will mature on April 1 of j the respective years in the following amounts:: ;;V,;;_-V; bonds will from 1 to 2600, inclusive, inclusive. Victor Lind- Comptroller, will berg, A-O. 1956 from 15 clusive. bids will be received c/o jointly, Aberdeen, Wash. Minden 5% Chicago. WASHINGTON Killeen. Edwin R. sealed . Ashland, Kentucky, on June 12, 1956, at 8:00 o'clock p.m., at its meeting to be held in the Commissioners Chamber in the Municipal Building in said city, for the purchase of $2,600,000 principal amount of Utilities Revenue Bonds of said city as authorized and provided by Ordinance No. 21, series of 1956, finally adopted by said Board of Commissioners on the 24th day of April, 1956. Said that announces ' the Board of Commis¬ Bids will be received and considered by sioners of the City of the Ma¬ rine National Exchange Bank, 625 North Water Street, Milwaukee, until 2 p.m. (CST) on June 7 for the purchase of $1,750,000 high school bonds. Dated July 1, 1956. will Directors of Board 30—v. 183, p. * Eckenrod Principal and interest (M-S) pay¬ able at the First Security Bank of Boothman, of Dallas. 6 High School District, Wis. Bond Offering—Clerk that the ward W. Clyde announces of Nicolet Secretary Ed¬ — 111999656034782758 0 com¬ Glore, Forgan & Co., Williams & Co., C. F. Co., and Wood, Gundy & Co., as 2.30s, at a price of 100.004, a basis of about 2.29%. Utah Offering Bond group a & State Street, Edgewood, Texas to UTILITIES REVENUE BONDS 2471— 183, p. 29—v. Baxter, Dist. (P. O. 351 South Salt Lake City), servancy of Gibson, & Lake-^^Couniy^-VFoitr Coin- Austin. ■ from payable Salt ASHLAND, KENTUCKY $1,375,000 Childs 1 from 29,000 3%s. Due on June .i from 1976 to 1982 inclusive. at the First Na¬ tional Bank of Huntsville, or at the Chase Manhattan Bank, New <A-0) May awarded street posed 24,000 3Vzs. Due on June 1 1968 to 1975 inclusive. Wis. The — County Home Building bonds of¬ were $22,000 3%s. Due on June 1957 to 1967 inclusive. inclusive. Sale fered $75,000 Sale—The Bond Due on April 1 from 1959 to 1996 Principal and interest v Huguenin & improvement bonds offered May 21—v. 183, p. 2347—were awarded to M. E. Allison & Co., Inc., of San Antonio, as follows: June 25 for the purchase of $2,330,000 Sam Houston State Teachers' College student housing reve¬ nue bonds. Dated April 1, 1956. ■ du Lac), Bond Notice of Sale of Bonds County (P. O. Fond du Lac Fond Velasco, Texas Huntsville), Texas — Claude Isbell, Board from Boothman, of Dallas. Bond Offering sealed 4s, at a price of 100.41, a basis of about 3.95%.: ' dated June 1, J-D. Legality ap¬ Dumas, by proved of the State Teachers' Colleges (P. O. , Monday, June 4, 1956 . as are Interest 1956. Board of Regents Executive bonds The from 340,000 3V4s. Due on May 1 1968 to 1981 inclusive. ? .. of Be¬ and Second National Bank loit, 213,000 3%s. Due on June 1 1972 to 1991 inclusive. inclusive. 1967 to June 1 from on 1971 inclusive. 1957 to from $60,000 3*&s. Due on May 1 1957 of $87,000 3y4s. Due cost 100.005, a net interest about 3.26%, as follows: * The Commercial and Financial Chronicle (2704) May 1, 21,500 4Y2S. Due on April 1 from 1972 to 1976 inclusive.