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m *)iy 'm m ■M ESTABLISHED 183 9 Reg. U. S. Pat. Office Volume 193 Number 6039 New York 7, N. Y., Monday, March 20, 1961 Price $1.25 Copy a General Corporation and Investment News RAILROAD PUBLIC UTILITY • Abbott Laboratories—Annual Sales Sales and Earnings The , such earnings to rose dropped decline areas volume goods reduction The in per primarily to higher the costs of to each from operations. overseas in than more is Colombia, doubled Research new th£t research says in 1951. at the year Building, which the Scientific Divisions, 't of to • New York the doubles Exchange (Stocks) Exchange (Bonds) 29 Boston Supply Mfg. Co., Inc.—Preliminary Report— Second first half of that The 1960 cents At t- the In Stock Stock amounted 547,238 the had period year-ago profit of loss a $117,049 in cents per share on was net a 552,339 profit of $5,404,764 against as outstanding $220,025, or $6,287,418 according corporation's Wing, to Mr. two Linden, Strauss, the backlog divisions—the Corry increased by J.—had N. the year before, amounting to approximately $1,450,000. Aero Supply, whose shares are traded than. 15% more the on and control shortly.—V. Alabama The SEC of 186, Power has fluids, $100 for used - of issued property Alterman for distribution order an and Foods, the Holding and Proceeds the of sales before Inc.—Net Income Net per ♦Adjusted shares to reflect (in issued 10, split 1960.—V. on 193, March 16, the did The high figures sales or $3.54 in included Division, include the divisions seven 37% rose earnings $3,255,000, (before Sales taxes.) the of $27,696,336 "This be the operating which 1960, in losses sold was in Norton Mr. $4.99 or in per 1959. of the August stated. share, common Federal income No continuing seven from $25,609,629 $7,342,000 means subject divisions in that Federal to for loss future opportunities problems "At ties 1960." Cash about and last year, Their from taxes increased Norton the of earnings $2,381,000, were 8% nine were told year, The hard they deepen he obseved, $18,000,000, "we cash had compared with securities alone long short times that and of will Amerace more 45% Long term during 1960." a with year than combined. debt "is miniature The plastic wire garden and divisions hose, cable are for multi-colored electronic American American Biltrite Sales for earlier. three are assets was reduced Hard to plastic moldings and uses. 1960 totaled Rubber Co., Inc.—Annual Report— $67,804,569 2% r:- ; - on stock on 1,455,370 average shares outstanding, and for 1959 1,404,795. average shares outstanding after adjusting for dividend paid in April, are on March its if it adopts home & Trust have 600 office workable a in Clayton, loan small makes Mo., increased expense for plant in expansion : and ~ reduced certain products narrowed profit margins. | i'G )l V Jl 1489. p. Foundry Co.—Appointments— Co. has $39,911,100 1, 1981 of the annual 1960 been appointed convertible company.—V. trustee and con¬ deben¬ subordinated 193, 1009. p. ' & report, ' " , ' v- , V - ' Metals, Inc.—Annual Report— issued March on 7, noted net sales of compared with $51,003,417 in 1959, and net earnings of compared with $3,055,639 for 1959. income, after taxes, of $1,940,360, or $2.13 per share," C. W. President, stated in the report, "reflects Member Banks a significant products, which to sales new contributing "Product and development deliberate efforts will programs to acquire continue business combine with those of this company the for greater benefit of the to customer," hand-in-hand and go whose firms can personnel to mutual advantage Mr. Anderson stated. k): "The number, variety and importance of the items under develop¬ ment, combined with the company's record and experience, encourage management to believe that research and development expenditures will of 52 System of extraordinary start-up expenses of considerably to costs without currently earnings." facilities be than more New 52 20-year provide tional justified by sales and earnings growth. institutional loans of $11,750,000 were funds "The stated: for further financing growth. in is Concerning this obtained, to Anderson Mr. strong financial position and no addi¬ contemplated or needed to meet foreseeable re¬ company is quirements."—V. an effective in reduction cost 1961, the company and anticipated expects to improve results program which Chase selling Mr. Bernstein also Trust —V. 192, a i Hi 1909. p. Copper Corp., Salt Lake City, Utah—Files Securities and Exchange Commission— American With corporation on March 2, 1961 filed a letter of notification with covering 10,000,000 shares of common stock to be offered (10 cents) per share, without underwriting. The proceeds are to be used for mining copper ore. the at SEC par Electric American Power Co., Inc. — Property Sale Manhattan capital The Securities and Exchange Commission has issued a decision under York holding company to B. R. DeWitt, of Holding Company Act authorizing this New (sell) certain non-utility properties divest Pavillion, The Y., N. for " $470,000. , properties consist of two small parcels , , of limestone land owned Appalachian Power Co., a subsidiary, and contiguous limestone properties owned by the latter's subsidiary, Radford Limestone Co., Inc. These properties are adjacent to Clayton Dam, which is part of a hydro-electric project owned and operated by Appalachian. Retention of these properties in the American system was permitted by the Commission in a 1945 decision by reason of the fact that, in the then by existing state of might the blasting art, have seriously and quarrying endangered the by a non-affiliated foundation of the accurate and safer methods of blasting and quarrying have been developed through the use of a series of smaller blasts; and, as a consequence, it is now possible to obtain assurances that operation of the Radford quarrying business by a non-affiliated owner will not jeopardize the Clayton Dam. Accordingly, divestment of the properties is proposed by American. Appalachian will transfer its stock interest in Radford to American. The properties will be transferred to American in complete liquidation of Radford, and they will then be sold to DeWitt (or to a new Virginia company organized by him, Radford Stone Corp.) for $467,000 in cash, payable in installments. Appalachian will also sell to DeWitt for $2,400 in cash the contiguous parcels owned by it.—V. 193, p. 801. Clayton Dam: More efficient, American Investment Co. of Illinois—Annual Report— American Investment Co. of Illinois has reported the second highest earnings in its history, for the year ended Dec. 31, 1960. The audited figures, released by Lawrence M. Curtiss, President of the company, showed net earnings of $7,130,576 amounting to $1.37 a share on has 190, < u Bank stock has of been appointed the been f r 1J ■ appointed registrar of the and the Manufacturers % company co-transfer agent for its stock. common 1830. p. — Annual Report — Stock Split Approved— This and in company it kets, made Ralph rapid T. 1960 achieved in progress the highest eearnings in its history its gas supplies and mar¬ expanding McElvenny, President, told shareholders in annual the report. Consolidated net income equal to $4.92 per share on the 5,884,517 common shares outstanding at the year-end, compared with net available for common of $26,773,560— $4.55 per share on a similar number of common shares—reported for 1959. ;' of for the year was \ > ' ' , $28,967,207 Natural gas sales in 1960 increased to 320 billion cubic feet, for a gain of 25 billion cubic feet—8'/2%—over the 1959 sales of 295 billion cubic feet. To provide tomers, Approved— to Co. American Natural Gas Co. is American the earnings was the result of a combination'o£.factors which particularly affected fourth quarter operations. A costly strike at the company's Cambridge plant during'Noprices due with 1960. 'Mr. Bernstein said that, the decline vember, state in its 44th year.—V. 192, now for agent The current year. the operator Rubber per based now $50,385,911, in which the company owns an 18% interest. If these earnings were distributed, it would bring American Biltrite's earnings in 1960 to $1.20 per share.—V. 192, p. 2505. times Current and earnings were $1,545,099, or share, Maurice J. Bernstein, President, has announced. ' In the previous year sales totaled $70,393,714, while earnings amounted to $3,016,925, or $2.09 per share. Per-share figures for 1960 based the has • Synthetic Rubber Corp., the securi¬ Company, Ace Comb Company, AIC Chemical Company, Electric Manufacturing Company, Supplex Company, Gavitt Wire and Cable Company, and Ace Bowling Company.—V. 193, p. 373. | $1.01 Reserve of Earnings for 1960 as reported do not include $269,870, Biltrite's share of the undistributed earnings of re¬ seven divisions of Amerace operate in the major fields of chemicals, plastics, and electronic wire and cable. Prin¬ products include battery separators, bowling balls, combs, silica hydrogels, "We amount American in rubber, cipal Statement increased sales volume not to capitalize marketable $9,500,000 were term and liabilities. current reduction with that during shareholders. magniture same acquisitions, and to cope in the general economy." term a in which is no-par-value said payable last favorable marketable $2,720,000, offices of American Machine Redemption Calls and Sinking Fund Notices 52 The Course of Bank Clearings 49 taxes." debt, entire our said. ' The Mr. earnings income for if end," year of Curtiss year," Curtiss said. Manufacturers The Bachmann of businesses, cession 41 Twelve Federal Reserve Banks.... 1959. The company President added in his report execllent financial shape to expand its present upon Carolina," 801. p. non-recurring losses were created by the previously re¬ ported disposition of all of Amerace's textile assets, total Amerace will a 41 Federal "Because show finance consumer through its subsidiaries under state small loan and similar laws. tures Consolidated Statement of Condition of the 1960. to 57 31, He added that the company recently acquired Houston, making Texas its 42nd state. "The Texas Legis¬ considering enactment of a small loan law and we will open company and 61,690 non-recurring losses stemming from such sale. which now comprise Amerace achieved record and to acquired or closed or Dec. state—North company, The Corp.—Rise in Operating Earnings— Worsted not is version from 1960 Uzbridge but At American Machine 47 Corporation and Investment News— 1 City Bond Offerings 58 Dividends Declared and Payable 11 Foreign Exchange Rates.— 51 *$0.98 and operations rose to $2,659,00, or $4.07 per common share, for the year ended Dec. 31, 1960, according to Victor T. Norton, President. This compared with profits of $2,168,000, or $3.21, for 1959. In a special, preliminary report mailed to shareholders, Mr. Norton said V 42 State and 721,721 1960, opened company year. American Meter Co.—Appointments— Amerace Earnings two-for-one June The General 80,000 $1.01 A in $378,853,173 operation." 41 I960 745,314 share_ common from added $47,516,134 $40,786,041 1,351,984 1,276,721 606,070 555,000 income—. Earned in this loans — taxes 9% office in The 41 Condition . increased was $1,940,360 Up— taxes— volume consolidated the number a Miscellaneous Features 1961 — income Stock Exchange Transactions American Stock Exchange..— financing will be 193, p. 1009." improvements.—V. dividends. 42 — Transactions New York Stock Exchange stock¬ and the 1960 Anderson, by the company mortgage bonds due 1991 stock. preference _ Company Act at competitive sale first additions under Loan 41st our offices "Net Nine Mcs. Period Ended Jan. 28— Net Net to f law 621. p. preferred par scheduled ■ an 41 Co.—Financing Cleared— authorizing the issuance bidding of $13,000,000 of shares is Exchange.. ___ and outstanding at the end of 1960 were $286,124,929, nearly 14% over the .1959 year-end receivables of of and for lature SEC Index of Stock Prices. Exchange, has investment positions in Elgin National Watch Co., Ultrasonics, Inc. and Cortland Line Co., Inc. The annual pamphlet report of the company, which specializes in International direction 42 Stock , 41 National Quotation Industrial Stock Averages American in 41 41 Dow-Jones Stock and Bond Averages—a against Stock holders In 1960. eight, making a net gain of 49 1960, the company owned 580 sub¬ sidiary offices in 40 states, compared to 531 in 39 states a year earlier. "Since Jan. 1, 1961, we have added 20 offices, including 13 offices 39 Over-the-Counter Markets Corry, $1,700,000 of which was more than 9% larger than the company's of $54,262,287 in 1959. "Our volume of loans made and income last year were the largest in our history," noted During 39 Toronto unfilled of Division, end income offices, 39 __ Canadian Stock Exchange in year. J. preferred gross offices 39 i Montreal full shares. to Exchange Stock Exchange Pacific Coast Stock Exchange Philadelphia-Baltimore Stock Exchange Pittsburgh Stock Exchange the the the Curtiss. 34 Midwest Stock Excahnge the with for Exchange Detroit Stock Exchange President, there 1959, on the L. to 21 1960 year-end, of and from equal was net a which company, doubled had Strauss, share per for orders Leo this of than more company net previous Pa. earnings to shares. Sales the the according common ' 1960, half result year, 40 net our 17 Stock York American 2301. p. Stock New its available space at $59,443,929, gross Page ; sur¬ occupied outstanding to $413,301,511 in 1960. The company's subsidiaries made over 1,000,000 loans to customers in 1560. Gross income in 1960 amounted facilities In I960, will company stock common 1959 Stock and Bond Quotations - the of receivable increase $251,311,677. , sig¬ 27% numbering 800 persons.—V.191, now Notes an Cincinnati Aero deducting plants now under Italy and Australia, $8,200,000 than more •••• more production overseas costs, During In This Issue When England, its •' / • than more ; report $9,000,000 ' "becoming 1960 shares the company earned $6,558,680 which amounted to $1.25 a share 4,786,430 shares of common stock outstanding at the end of that year. The earnings per common share for both are after years on 25%.. competitive : In MISCELLANEOUS • 1959 operating costs in handling a greater to 15 a Abbott year organization." completed have to 1956. The pass for that noted are will $3.16 to services, 4,800,630 - - below expectations." previous high in 1959. common share. the above and volume, came since $3.32 and Report—; INSURANCE • "somewhat were 2.7% attributed world-wide a construction Abbott 1960 transactions, and antibiotic prices. C CCV- report nificantly total from was payroll as of in $125,968,000, INDUSTRIAL • the for sharply expanding needs of existing system in 1960 completed and placed in and new cus¬ operation two system deliverability by 258 million cubic feet daily. These comprised purchase by the Michigan Wisconsin Pipe Line Co. subsidiary of 158 million cubic feet of gas daily from western Canada fields through Midwestern Gas Transmission Co., and looping of the Michigan Wisconsin main transmission line to permit taking projects designed to increase an additional 100 million cubic feet of gas a day from the expanding Laverne Field in northwestern Oklahoma. Hearings up rapidly on the project—the purchase of 75 million cubic feet of gas daily from Northern Natural Gas Co. have been completed before the Federal Power Commission and Michigan Wisconsin expects to begin taking this additional gas by next fall. And to further implement the system's already rapidly increasing gas supplies, the American Louisiana Pipe Line Co. subsidiary expects soon to be receiving 50 million cubic feet of gas per day from the third Krotz with Field Springs the system which billion 400 originally been had feet of contracted snagged by now are being made this field for which the Connections Louisiana. in cubic had reserves several controversy in years but delivery of recently has been ago which resolved. In addition^ billion cubic 275 000 acres Michigan feet of gas Wisconsin during I960 -contracted for 240 under leases covering an area of more than in the Woodward area of northwestern subsidiary is actively acquiring additional reserves ar6a. Both Oklahoma. j Laverne and Woodward are areas of great ■ -''I This and acreage in the potential which, •V >]'• they are-developed further, are expected to add considerably to the American Natural Gas system's gas supply over the years ahead. 7 further strengthening its gas supply picture, Ameri¬ can Natural in 1960 expanded its underground working storage capacity in Michigan to 118 billion cubic feet. It also has other depleted gas fields available for storage with a capacity of 45 billion - cubic feet, and it has acquired storage rights in extensive oil producing reservoirs yj as As a corollary to % % i i',%1 If * I ); YD, J in Michigan tional Last year solidated management which capacity storage the Gas two Co. becomes major plans distributing Milwaukee and develop to in future as subsidiaries—Michigan 43,000 added Co. the space these companies sales in the ' next' few'years." funds to with sell any which of its to and purchases experiencing Mr. large additions McElvenny said. The SEC has authorizing will sales its increase $25 .; .V",.. par stock stockholders to additional expenditures in 1961 are estimated at approxi¬ mately $68,000,000, against $130,000,000 in 1960. To finance this year's program Michigan Consolidated plans to sell $30,000,000 of mortgage bonds, and Michigan Wisconsin expects to raise a similar amount from placement of long-range debt securities. transaction $25 par holding York New to 15,000,000 of record shares will each for result close of the par .stock, May held. then shares company's issue shares of $10 par common.—V. 14,711,292 in SIDNEY the arrangement, company enter compared important electronics in¬ I is Tne research. Instrument of because 193, of stages. in . . in Group's its Fecker history. sizable a A backlog Division; in further and increase business is Pittsburgh - had the anticipated in 1961 now in the negotiation •<: the Corporate bonds with dates Corporate bonds without dates BROWN Sun Glass Division in 1960 were the highest in its Last Week $791,425,000 (29) $470,925,000 (25) 170,011,000 (36) 68,951,100 (34) $961,436,000 (65) $539,876,100 (59) $409,148,150 (89) 295,983,280(162) $337,234,140 (96) 228,908,210(175) $705,131,430(251) Bonds_____ Total - $566,142,350(271) ---$1,666,567,430(316) $1,106,018,450(330) — Corporate stocks with dates___ Corporate stocks without dates Total on in dollar volume. a ... week in which the 12 Federal Land Banks offered, at a Total Stocks By adding all this up-'ohe can foresee the'Treasury's SPIRALING Last CORPORATE AND MUNICIPAL "■(. institutions,-pot equipped small the 16 issue of the Chronicle. in the March concerns "South Filling Pacific" and up financ¬ . v.:; CHANGES March to to Corporate Corp orates Municipals week's data $129,456,230 $244,081,230 $127,137,000 185,910,000 44,795,000 100,595,000 276,415,000 234,438,920 377,010,000 6,750,000 51,750,000 25,755,000 77,505,000 $229,530,150 297,606,140 $444,955,150 449,531,140 V ^ $615,217,000 $1,060,172,150 616,805,000 1,066,336,140 originally set for this week serious . $14,520,000 Cleveland, Ohio, for April 11 to municipal float totals. formal financing swelling of bonds in the backlog may be another instance of issuers long" to take advantage of the rise in price and decline in interest rates yields). • The Feb. Last 21 range waiting (decline " " • the from 3.76 to 3.81%. The new advance refunding, the backing up of municipal of unsold bonds, the possibility of a larger unbalanced Federal budget, now realized, and a decline in consumer savings if consumers believe recovery and the tell-tale signs of the stock market is due, may start the ball rolling for a higher interest rate trend. find they have been too late with too much. Certainly, the agenda of offerings is coming to a head; the corporates have been the slowest to respond to attractive market terms compared to state and local Thus March week as 16 well came as to $365,615,000 which several other large through ones. March 15 were $88,825,000 impressive $170 million. includes the - and additions ISSUES IN THE II OFFING i „ ' Co.; and in Municipals—$3,950,000 East Orange, N J * $5 4 million Shreveport, La.; $3,185,000 Anaheim, Calif.; $4,750,000 Eau Claire, Wis.* $4.7 million Municipal Water District,- Calif. ! •': '• -• v. * V" " •' ? ■ . -Mann ^. - ta: March: 16, 1961. u• I & of April 3-Apiil 7: $9,995,000 Marine Capital Corp.; 150,000 shares of North Car Corp., common; 200,000 shares of Tennessee Gas Transmission Co, Telegraph municipal and corporate issuers may issuers.• the WEEK $63.6 preferred; $9 million Winston-Muss Corp, units,* $30 million in bonds of Southern Calif. Edison Co.; $4.8 million Southern Pacific Co, equipment trust certificates; $12 million Hawaiian Electric Co, Ltd, bonds; and in Municipals—$40 million Jacksonville Expressway Authority, Fla.; $6.5 million Birmingham, Ala * $15 mil¬ lion Los Angeles Flood Control Dist, Calif.; $190 million Calif.; $4,950,000 Findlay City School District, Ohio. Week of April 10-April 14: $45 million in debentures of New England Telephone & that a in to million in the week ending corporates publicly sold totaled $50,494,690. Additions of $250 million bond issue sales PAST American bonds due in the period 1985-1998 fell below 3.8% yield little more than two years. The most recent yields (March 15) Council of Economic Advisers, etc., that week calendar the municipal calendar came to an Week ' inventory than same Chronicle's THE IN amounted Authority, Calif.; $10 million Detroit City School District, Mich.; $16,715,000 Detroit, Mich.; $6 million Hillsborough Cty., Special School Tax District, No 1 Fla - $100 million (State of) Kentucky; $10 million Washington Sub. San. District' Md.' Treasury for the first time in a a Calif.; $10,900,000 Rhode Island; $3.6 million Toledo-Lucas Co., Port Authority, Ohio; $4 million Palquemines Parish, La. Week of Mar. 27-Mar. 31: 70,000 shares of Beckman Instruments, Inc., common; 100,000 shares of Mississippi River Transmission Corp., common; 200,000 shares of Smith, Kline & French Laboratories, common; 465,000 shares of Inter-Mountain Telephone Co., common; and in Municipals—$4 million Cabrillo Joint Union Col¬ lege Dist., Calif.; $6,760,000 Allegheny Cty., Pa.; $5 million Calif. Toll Bridge backlog table which follows just below comprises issues with intentions spelled out in sufficient degree to indicate they are definite contenders for capital funds. Included here are those issues tabulated in the four-week table above as well as those issues with later offering dates in addition to those undated. total corporates LARGER $1 million or more. NOTE: Add provides following lists the larger corporate and municipal issues expected in the next four weeks and includes one equipment trust certificate: Week of Mar. 20-Mar. 24: $20 million Municipal Investment Trust Fund, Series A, units; $4 million in debentures of Economic Laboratory, Inc.; 500,000 shares of Greenfield Real Estate Investment Trust, Ben. Int.; $3.5 million Jefferson Lake Asbestos Corp., units; $70 million in debentures of Southern Bell Telephone & Telegraph Co.; $10 million in bonds of Atlantic City Electric Co.; $15 million in bonds and 120,000 shares of preferred of Southwestern Public Service Co • 80 000 shares of preferred and $13 million in bonds of Alabama Power Co.; 273,437 share's of Rochester Telephone Corp,, common; and in Municipals—$ 12,810,000 of Columbus, Ohio; $62,547,000 Massachusetts; $3,750,000 San Mateo Union High School Dist, $371,218,230 48,528,920 f State of Michigan switched its proposed $25 million to April 21 because of the competitive float size. The one The Financings $215,425,000 $151,925,000 Total Last * 55,800,000 45,000,000 3-Apr. 7t_ Apr. 10-Apr. 14 of Total of Both Total Stocks 48,528,920 Apr. $1,800,000,000 backlog to the certain FLOAT Bonds $114,625,000 15. In that Municipal Corporate Mar. 27-Mar.31__ the placements A.T.&T. point of discouraging issuers. Mar. 20-Mar.24__ ..$1,700,000,000 ; Last Week total of $3.3 billion compared to last week's figure of $2.9 billion. Private \- FINANCING 1 these issues: General Public Utili¬ Total Intermediate Backlog Corporate Stocks and Bonds gross of the FOUR-WEEK y ISSUES This Week The addition of this indeterminate corporate 28-day visible supply projected below either will allow for a breather, needed for the pick-up in offerings, or will fill up with issues from the backlog or with new issues if the financing pace does not drive yields to the last week were ; • The the uncertain backlog last week for-capital which cannot be of uncertain details and not . INDETERMINATE ■■■■v' •.r ••; In short, out of 251 issues involving" stocks there were 175 with posted offering prices. The remaining 81 included large and small issues, preferreds and secondaries. Routine weekly checks until the issue has come to pass has made it , OF sell 1,141,722 additional shares to stockholders; Kansas Power & Light is considering $10 to $15 million in bonds; Northern Natural Gas may issue $80 million new money in 1961. publicly. - r^' ties Corp. expects to ing needs and nopes, it has been possible to obtain a high correlative tally between the estimated amount of such issues and what they actually obtained when issued ' to handle long-term investment financing.! Many' other too, and th;q. wondrous thipi^ of. it' all is the way A approximately 340 issues. A "great majority" of the corporate stock issues contain announced offering prices. Many others are filed with a maximum price and are included in the 30% not possessing offering prices until just prior to public sale. . registrations of corporate offerings issue of the Thursday Chronicle de¬ have gone public BACKLOG the total number of securities recapitulated comes close to 400 and of this amount approximately 251 are corporate equities. The SEC alone has in registration just dates. PRICES SEC numerous initial: public ings, possible to gauge conservatively the demand trend done by relying solely on bonds — including those SALE seven "My Fair Lady" the day after they opened. The question is, however, whether many of these entities going public for the first time will do as well for as long as those Broadway shows. as Including the double counting caused by a few unit offer¬ Nevertheless, by careful weekly check with private sources and of the issuers' POST-PUBLIC (69) sale price departs from subsequent market prices as'the days lengthen from the initial offering day. Called for is a thorough impartial research study on the fallibility of the uderwriter or the investor—they certainly disagree. All this is reminiscent of what happened to the price of seats for such shows i INCREASES The data in the three tables which follow are based on issues described $862,860,000 and less. The March 16 approximately 104. Listed in our four-week float above of corporate issues with dates were 28 alone. The remainder were without assigned dates. Going public via "letters of notification" in a period when there is a dearth of large scale equity financing makes more sense than relying on banks and other non-banking lending March, indeed, is a BONDS (78) scribed strange month filled with contradictory winds. OF the reported we involving $300,000 . last minute long-term issu0s-^in contraaictiop. to what it has been advocating to help rectify the business slump. Alsoj.the Treasury,is. tempting banks to load up With long terms y in the advance refunding exchange—instead of trying to keep banks in a near liquid BACKLOG week . on position to assist the economy's natural recovery momentum. $961,524,000 f Includes five preferreds with dates totaling $116,000,00(7 and unscheduled preferreds amounting to $16,343,290. helping to increase yields move Corporatesf-- Total Municipals with dates... changed higher price to meet the sudden Treasury competition, $254 million in bonds in order to refinance $183 million maturing debt and to raise $71 million new cash. - to special All this follows in year- compared year -Total Formal Backlog- Three, the total backlog for corporate and municipal senior debt has sizably and definitely increased. In addition, whatever was drained from the uncertain backlog into the formal backlog has been replenished leaving it where it was last week too reported $91,468,116 $3,745,920 were the This Week the day following the refinancing period the President will send to Congress budget message. Advance notice by the Administration in numerous ways has already made clear we face the prospect of an unbalanced budget. But even though the art of budget forecasting is far from precise, investors will be eagerly awaiting knowledge of the Administration's cash needs for the fiscal year beginning July 1, 1961. The Treasury, at the time of the advance refinancing an¬ nouncement, made known that it will shortly seek $1 to $1.5 billion in new cash. This Thursday we should learn more as to additional deficit financing needs. * last $2,806,270 , his Co. of consecutive by cales Though this week's planned corporate financing at long last over-shadows municipals going to market, and together they promise considerable demand for capital in the neighborhood of $370 million, the market's attention will be swayed by other com¬ peting events. •': One, today through Wednesday the Treasury will be carrying out its advanced refunding of bonds and notes surprisingly announced last Wednesday late afternoon. Two, high fifth the 1959. saw Corporate and Municipal Financing Ahead By totaled sales-leaseback i960 highest sales 801. p. year medical proposed 5,881,517 shares is introducing an electronic direct writing recorder. The tew being made at the Instrument Division plant in Buffalo. Called "Trace-Master," the eight-channel instrument is designed to be ,us?d extensively - in the missile and rocket field, in industry and in three The Optical all-time an This 1959. in $2,889,683 recorder to taxes after long-term dustry of 1961, and 8, American of reached for high. new a income Tho charter its amend 6,000,000 business shares two from $10 of shares the changing in into common at to company shares common sales 1959. Earnings per average outstanding share ia 1960 compared to $3.52 in 1959. Expenditures for plant and equipment last year, Including $902,000 temporarily invested in branch office buildings which will be sold on with authorized Schumacher 1961 $88,955,039 S3.50 were Act Company to $1',834,454- e, Holding the under order an W'jldon that reached Net supplies gas Optical Co.—Annual Report— E. 3 compared „ issued this to to M-arcn on this year. stock common own stock these make American President effected in 1960, and the con¬ tinuing acquisition of substantial additional reserves and gas produc¬ ing acreage in developing supply areas of great promise in the Laverne, Cedardale and Lovedale fields in Oklahoma, give the American Natural Gas Co. system an excellent basis for further growth and development, construction System have The ally for 10 years from Michigan Consolidated—the largest contract in the history of the system. Other large manufacturers are purchasing increased volumes of gas, both on a firm and interruptible basis, and the American Natural Gas Co. management expects to double industrial 4?as Gas Lakes Steel for up to 25 billion cubic feet of gas annu¬ recently contracted Corp., from not anticipated. is important industrial category the system also is expansion. One industrial customer, Great the In of common stock common from Milwaukee adequate customers, property additions and replace¬ 1961 will purchase an additional Michigan Wisconsin and $5,000,000 Light. American Natural will have financing during of Con¬ year-end, substantial in Natural $3,000,000 to bring the total of such customers to 795,000 at against 119,000 on system lines early in 1349. Gas for home heating is now used by 75% of the residential customers of Michigan Consolidated and by 50% of Milwaukee Gas Light's residence customers, and further substantial increase in heating loads of both heating subsidiaries American ments, Light Gas assist To addi¬ necessary. E fc) Volume. 193 Number 6039 The Commercial and Financial Chronicle (1223) history. Distribution tomers to buy expanded was Cool-Ray to glasses sun make than it easier for more before.—V. ever 193, cus-, $12,000,000 697. chase p. to be borrowed from banks, will be used by Apco to pur¬ specified properties of Anderson-Prichard. The properties acquired include two refineries, one in Arkansas City, Kans., and the other at Cyril, Okla., pipe line systems, tank cars, tank trucks, distribution facilities and service stations. American Petrofina, Inc.—Annual Report— Net earnings of American Petrofina, Inc., for the year ended Dec. 31, totaled $1,232,000, an increase of 21% over net earnings of 1960, $1,016,000 for the previous report to stockholders. On 18 6,976,571 cents for in in the annual '"V',-<• " earnings were equivalent to about outstanding, in fiscal 1960, and Jackson, A. 1960 totaled Mr. today approximately increases, for also conditions half of American Jackson and the 15 cents that demand record when of operating gross 4% product from the realizations that and totaled that and crude for FINA levels. $1,617,000 branded "This to he increase by the said, in the over gasolines growth," an 6% "is American Petrofina's service increasing the number of branded stations at the In addition to selling gasoline under the brand added, station of end refineries Dorado, ' in Wichita Kan.—Vr 192, Falls 493. p. Mt. American Research & SEC has "Act pany -' grant stock options to American Research. Tracerlab Realty, Inc. ("TRI"). Tracerlab, 12% owned by American American and Co., to Sept. Research, holds The of $324,780 note a . ; subsidiary of proceeds ther through its consideration undertake such search option an of price will realize about . inducement an as for $11.48 $243,584 the of American share, per exercising 3. % p. / - during the As the ': " • " : '■ Telephone Telegraph Co. is issue to will be be the The issue new Hanover of Operating Operating • Net —V. in as & So ing- 5% Inc the Trust Chicago to securities of that 193, material a of share interest about were to 8% and reduced in the cover shareholders 1961 less than T. the annual was-reported as company's further in but in the preceding writer to Aimco's .overall which went again cost into 000 the - :. •' As the at the in result of to Corp. Ltd. Assets Notes — that Long Island consolidated predecessor Net 28,180,857 surplus and 7,060,407 last year, the income of for the the corporation, ended year bined earnings of $279,675. The 1960 per share, compared with $1.12 $1.26 alike on sales for peak volume the 250,700 1960 in of company's shares the of net in 1960 above share the $7,423,316, attained subsidiaries 31, income per at its 12% Placed Pri¬ 1960 and to end. only slightly the net premiums $34,301,000. was written totaled for 56.2% Sales Corp. for such earnings, statement, the statement the period amounting from to consolidated includes Jan. $7,097, 1, net earnings of ^.960 to March 17, excluded were from These also reached with compare the end at and claim of 31, offered of in Apco units compared to of assets terms were to $44,- compared with portfolio $83,719,000 class B stock stock. common Union If I960 * 550,000 shares for a half. 1959 26% of of BUSINESS—Apco with to Union of Union The \ share, 1960 were for Earnings the. Board of stock dividend for purchase Prichard Apco ing all Oil properties Natural Gas properties the Corp., contracted and and of Gas properties, integrated an to the acquire business others of Street of proceeds On 3, all pay issued be to issued apply the to the proceeds shares in costs and of with this used toward as eral ge offering. repayment administrative officers), be for used overhead expenses, and the shears, miscellaneous $20,000 will be working will 193, the aluminum woodworking used \ $25,000 for purchase of new manufacture of elevator cabs brakes, power in both Corp. will machinery $255,- of expenses to be under¬ follows, as connected escrow Factors public the sold. are 60,000 the time. FINANCING for welder, additional '' '' •; used spot equipment. hire \ , be to ■ sales ■ contemplated a move 103. p. in the the of stock and at involved.' The 1960 entered from to Stock in November, the year as Directors as 20% ahead whole a he purchase offering of the units, the oil marketing and notification of with survey working oft equipment, develop¬ and analysis, pay¬ capital. Inc., Belgrade, Mont. Exchange Commission— 10-year share; per letter a to bonds, tat of of be and with $1,000 of follows: of underwriting is offered No par. Files — notification stock common bonds ' to are be in as used to consruct and equip proposed manu¬ Belgrade, Mont. of Company of Pennsylvania—Earnings— January— 1961 1960 $35,936,924 $33,773,739 22,983,658 21,315,448 5,341,200 5,104 500 1,853,580 1,898,758 $5,758,486 $5,455,033 5,126,753 4,874,689 - revenues expenses ; income taxes operating Net taxes operating income charges ^ after 193, . ' 803. p. Berkey Photo, Inc.—Appointment— The - of those by the • plant in 1961. the next*, payment of * * President of on of the Stock the. 31, same has in as exchange board. Oil in New Inc. with respect pension by . due ..to the a below for tendency amounted on 3,275,643 favorably with $570,000 the net . last Report— the for Sutter, c- *.*• first fiscal with most of $6,610,935 President, * the of foreign - quarter 9% were operators to the for income of to shares the 18c outstanding quarterly average fiscal or in year $797,335 for the at net ended were share Dec. of 31, income Sept., three 30, ; of Dec. months 31, 1960 earlier, a the amounts on the months exemption. an The the order to 192, bottling shares Commission's Seibert, public and by failed and and reason the of disclose to method its filing accurately the underwriting discounts opportunity for hearing, upon request, should be vacated made or 595. p. Corp.—To ended Issue Refunding Stock— of business was transacted at the meeting.—V. 193, 491. p. Budget Finance Plan—Reports Record Year— This In approxi¬ but other No dent is Dec.; a were $4,439,000,„ as compared to. decrease of about 8% to a level the 1960 and The 1960 resents cents annual Chairman increase 37% net earnings figure FINANCIAL CHRONICLE Treasurer; Illinois account of the fluctuations in the rate of exchange, remittance for foreign subscriptions and advertisements must be at sus¬ to underwriters provides an whether the suspension question $300,000 said comply with certain Regulation by reason of its failure to the exact offering price to the public, commissions from the common The failed company would be offered, report of stock sales which received exceeding Buckeye at a special meeting on March 8 voted by a wide majority to approve the issuance of ,1,391,552 shares of its common stock, par value $1, to Massachusetts Mohair Plush Co. and subsidiaries in refunding of obligations in the aggregate amount of $3,374,514, according to George A. Horvath, President of Buckeye. slightly 1960. of the not Beryllium Corp.—Notes Placed Privately—March 17, 1961, White, Weld & Co., New York City, sold privately $6,000,000 of this firm's 5x/2% promissory notes due March 1, 1976.—V. 192, p. 894. common 1960, of circular and securities July 6, 1959, offering of 300,000 securities permanent.—V. . as three which Buckeye pur- 1959. Inventories $4,808,000 offering discounts the of filed an revenue, postpone quarter per conditions its semi-annual the the in of I960, Mr. Sutter commented.. encouragingly consistent with previous $578,050, and in true that asserts Stockholders .'/... decline offerings notification a ended for announced last" few months however, based compares public public In order allowed. * the V even though well completions for those of a year ago, he noted. stock, symbol, " to Offering Suspended issued to amount. the was-, Corp.—Stock agent from corporation proposed the public $1 per share pursuant to such state York firm, company's ; . available compared as earlier, accounted sales, income Boston the see ' . made Inc.—Interim Tools T. shareholders. year to during Oil $6,025,528 was a sales apparently 31, Exchange and became now has 1,900,000 shares outstanding. manufacturing plants in Boston and Brighton,' Cleveland, Ohio, and Toronto, Canada.—V. 192, Tools, Baker report "chases to . first was ; •'■' 1960 Foreign mately gas with conditioners, 41-year-old ■ of period interim the ".-j Baker Texas communications air has been appointed transfer corporation.—V. 193, p. 1011. an order temporarily suspending a Regulation registration under the Securities Act of 1933 with public offering of stock by Beverages Bottling, of 800 St. Anns Ave., Bronx, N. Y. Regulation A provides a conditional exemption from registration exemption respect to a in 191, p. 502. A. S. E.— on • Co. the of Bottling has A sub- as SEC Trust stock common Beverages The the for Manufacturers the for Automatic Radio well Revenue Dec. market¬ and purchase 6, 1961 filed 12,500 shares of class A ■ proceeds Net - restricted were radios, American the company and as Net together for March ' Federal a floor company below Union of (no par) to be Hartford, Conn, Co., Feeds, on $10 Operating Operating -V will -recommend automobile* 2118.. together and analysis convertible par Month stocks. opposed to cash• dividends.—V. Vornado on flashed .-r the 13 Housman, first ART, Mass., * the David admitted p. business and assets of Anderson-. oil company. Under the agreements transportation, refining Anderson-Prichard, while used at </ •" / agreements and into be advertising, facturing facilities record. on periods, August to are & , outstanding at the yearincome was $312,312,' or Earnings for the '• net. largest of. ^automobile and March on City. Domestic others to antennas, The of record on shate/' through Cooley per. of over of report the the the per reported to shareholders, Board, reported $825,064 nationwide common for the share Charles net reported consumer of preceding $1.32 year Offer, S. earnings of for 1959. finance company compared and Presi¬ $1,131,644, / with includes rep¬ the a made in New York funds. 70 non- (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 7, N|. Y., REctor 2-9570. Claude D. Seibert, Publisher and President; George J. Morrissey, Editor. Published twice a week [every Thursday (general news And advertising issue) with a statistical issue on Monday]. Other offices: 135 S. La Salle (Telephone STate 2-0613); Copyright 1961 by William B. -Dana Company. Re-entered as second class matter February 25, 1942, at the post office at New York, N. Y., under ihe Act 1879. Subscription in United States, U. S. Possessions, Territories and Members of Pan-American Union, $65.00 per year; in Dominion of Canada, $68.00 per year. Other Countries, $72.00 per year. Dana Chicago 3 March NOTE; and contracted THE COMMERCIAL AND William listed v are- Anderson-Prichard. PROCEEDS—Net to that that Mrs. Outstanding- to of ' covering Other $88,655,000 Up, Net Down— approximately 1961 manufacturer mobile premium. a Natural put Becker stock, . to Automatic Radio Mfg. Co., Inc.—Listed Texas securities Texas stock held incorporated was Texas sale oer At by *220,000 shs. be shares, and corporation at common common $4,948,362 were common half meeting a the quickly at since or $1,000 held PRESENT' to shares proposes $100,000 items cumulative year-end 1959. The in¬ Government and other high grade S, U. and 1959.; amounted expenditures for new product development as well equipment. Further such expenditures -are contemplated In reporting the operating results, Mr, Shikes said that at company's prospectus. The sub-! scription right will expire on March 23, 1961. The offering is being underwritten by a group managed by Carl M. Loeb, Rhoades & Co. and Smith, Barney & Co., and it sold TO shares underwriter be long-term SEC 6% $25,341,000 and only, forth in 1960. 31, were Electronics, Inc., Waterbury, Conn.—Files With Exchange Commission— of The the compared stantial Andrea 1960; 8, 1961, subject to the conditions and set of Jan. before 60,000 the With Securities and $97,- 01 1959. 1960 expenses $2,991,000 in investment of 69% preferred stocks; the on cents first net and 70 shares of March on 10,000 Gibraltar quarters.—V. (Leo) Aurora Plastics Corp. in 1960 were approximately $6,177,000, largest in the history of the company, Abe Shikes, President, re¬ ported on March 3. Net income was roughly $180,000, or 33 cents a second each unit consisting of $100 principal amount of debentures issued at par and five shares of common stock issued at $10 a share. The units are being offered at $150 per unit at the rate of one unit for each the will marketing, ment Sales of 57 Corp. Stockholders—Apco Oil Corp. is offering, shares and proceeds ment, combined claims and adjustment expenses premiums in 1960 compared to 61.3% consisted end. ? Sales Natural Gas Corp. the right to subscribe for $10,072,300 • Apco 5%% subordinated debentures due 1981 and 503,-1 615 25 certain stock terms holders of class A dividend of ' to at"$3<50 The the This to a outstanding EFFECT entire from Bell Telephone as 1960 5% share Apfco Oil Corp.—Rights Offering to Union Texas Nat¬ ural Gas the Approximately '-/Tered vecord earned Aurora Plastics Corp.—Sales 1 earnings of Andrea Radio Corp. and subsidiaries for the year ended Dec. 31, 1960 would amount to $307,663, equivalent to $1.23 per share.—V. 191, p. 2634. " for the highest the year vestments Export Corporation, formerly Andrea Holding At the same time, Andrea Distributing Corporation, a newly formed subsidiary, purchased the business of Andrea Sales Corp. In computing operating results for the year ended Dec. 31, 1959, earn¬ ings of Andrea Radio Corp. were combined with earnings of Andrea Holding Corp. and Andrea Sales Corp., which at that time were not 1960 McCann -The corporation on March 3, 1961;.filqd a letter the SEC covering 40,000 shares of common si, 1 ; written $46,516,000 in Claims before. year consolidated bonds; Net behind second last Dec. Andrea The and 60,000 company welder larger .. The Corporation. subsidiaries. event efficient Beau before. year 000 equivalent in 11959, based year Comparative 1959 sales| totaled $6,526,826. comparative statement of earnings for 1960 and 1959 gives principles of consolidation and combination resulting from acquisition by Andrea Radio Corporation, on March 18, 1960, of the of the issued company T. "/ spot improved experience, coupled with reduction of other expenses, ' in an underwriting profit of $3,718,000 in I960 vs. $548,000 the previous-.year. ;; • ' Dividends paid to participating policyholders amounted to $2,948,- com¬ was were 1957, ;; to stock the 500,000 shs. received more (6) • totaled 1959 The capital of years. as declared the the listed: loan resulted Dec. history and outstanding amount $7,465,125 Maspeth, laws •. record. on effect the personnel. •"' ' year accounted Report— highest in to issued includes including such 1, 1960. losses from Hurricane Donna, 3,279,596 5,869,936 $314,760, net record were Include Approximately and compared to $23,383,000 in 1959. The companies processed 129,000 claims in 1960, about 8,000 more than the year before. In the report, Messrs. Tuttle and York indicated that despite heavy City, N. Y., electronics manufacturer, has reported the seven declared of stock $20,000 (4) the Companies passed the $100,000,009 mark dtt and surplus of $32,122,000 premiums 500,000 $8,723,718 Corp.—Annual net the wholly-owned 936,000 $47,244,578 5,294,838 : surplus statutory 1960 $10,057,875 ' =. corporations, Street, Authorized company the This This shares capital. , subsidiary, Centennial Insurance Co., write virtually all types of insurance except life insurance. /-At Dec. ' 31, 1960, consolidated assets were $102,755,000 and on offered its the Radio last Approximately $75,000 for including salaries (other than for Tuttle, The 598. Andrea 1952 Jeanne (3) according to the- annual report released on March 6 by Franklin Chairman of the board, and Miles F. York, President. Atlantic Companies, made up of Atlantic Mutual Insurance Co. levels, B. Atlantic the of and and was 6,273,559 3,324,569 income__ charges the $15,000 will be used to iron Acceptance to company dividends not be (2) of 1960, the of and Dec. 1 Atlantic Cos.—Annual Report— 1960 " • taxes______ operating after company 32,633,171 taxes 25 figure order the 698.' p. February stockholders No in (1) , • beginning in employment costs became effective Jan. 193, ' substantially rose burden. effect for PROCEEDS—The year," - costs profits the does president, reported. proportion but were more dividend 1959. employment all "Tnis be Johnston, same 55th under purpose of manufacturinstallation in apartment houses for stock common all Common in will ■" Logan about cabs CAPITALIZATION GIVING ^ production will be more closely better balanced quarterly average.* a its to time steel in of stock common on Jan. 30, 1952, for the DIVIDENDS—The Gas ; in Offered— v selling elevator buildings. In McCann., company Stock 13 office continuous per¬ • consumption 2607 p. Inc.—Common „ informed steel pos- reasonable at approxi¬ machinery required in its business. Since that time, the company actively engaged in the elevator cab business and has shown under Western conflict 1011. p. Act trustee as con- made has Indenture serve Arkansas March a NTYork: and and Order— 1960. that resulting contracts 4 sold. $52,289,174 expenses p. 5Va 13, 1961, Annett & Co. Ltd., - Toronto, Canada, reported that it had placed privately $5,000,000 of this company's 6Vz% 15-year secured notes. . 1961 revenues operating 193, the was January— income Net ■ vately—March ' be opened on June 6, which is trustee of the redeemed. last debt issue of this kind by Oct. 25, 1960 when a $250,000,000 issue Other concluding level, sales were Atlantic will Bank, > The Federal of 192 operating adverse Securities and that bids for trustee Month under debt year's p share. per ' proposed - sales is on expected The for increased last BUSINESS—Baldwin Enclosures Inc., 59-33 New York, was incorporated to do business 5Va Co.—Receives order an trust Gray/ chairman, The . It 5V2 i.; V Co. under shares of this firm's 10£ par at $5 Inc Co.—.. Weld experience Enclosures, 5'M» Corp. & Houston offering circular, Acme SecuCorp., 527 Madison Ave., New York City, publicly rties 5V2 .___ ____ Webster- 1 (5)Approximately March, 15. authorized a new; debenture bond issue of $250,000,000 to be offered, at', competitive bidding. The directors also -'.authorized the1 call for redemption on or about July 10, 1961 of the ■y $250,000,COO of 27-year 5%do' debentures, due Nov. 1, 1986, which were sold at competitive bidding in November, 1959. 1961. White, therefrom.—V. usage, increases Debentures—Earnings— Directors & the and improved Planning Pm£ lst*?s* He added that "it is «e 0 sustain" export sales level."—V. 1960 Pursuant to CP 5Va Pierce, Smith Securities .5% Gas expects sufficient —V. Offer To — to union to r\ & of same .adding ' American ; issued company L. on fur¬ note the /'Armco's , j. net Research period Inc. Co._ to under¬ requirement.'' tArmco earned a net profit of $70,459,281, equal to $4.76 a share, in 1960 compared with. $77,064,249, or $5.21 a share, in 1959. Sales for 1960 totaled $937,998,519, against $1,022,428,742 in 1959. Net profit on each dollar of sales amounted to 7Va cents, the same return ■ - & Wevtheim Middletown, O., corporation report' that it believes than is Tracerlab proposes to grant American Re¬ 25,000 additional shares of its stock at an option outstanding.—-V. iy3, Western has "Earnings refunding, on Stone 5V2 Inc. Lynch, Fenner annual R. which in receipt of payment of the present note. and Co. & Commission about related refunding will involve an increased investment of $243,584 by American Research over the amount of its present participation in Tracerlab & Brothers Merrill 5V2 Co.___ not'result The has a- 25% participation. TRI desires to refund maturity of this mortgage indebtedness for six years 1966, and to reduce the interest from 6% to 5%. The indebtedness. SEC The at is stock TRI Freres Lehman 5Va Co.____ & mately 374. p. the its proposed such Lazard - of its business" through through thtT exnerr Baldwin Co. & ,1 Armco Steel Corp.—Annual Report— ■'1 't _ Transac¬ whose Peabody adjacent K L JjrL the to M. „Loeb, managing property quarter. principally 'Js AnS ^nLnh^iPr0idU,CtS,intr0dUced' Texas, the 30, & indentures would Research extend 193, LLj.1'. Co.:, Forgan The added, exemption order under the Investment Com¬ this Boston investment company to make a to the are pursuant Carl thp snares refunding loan to a wholly-ownea'subsidiary of Tracerlab, Inc., Wal-; tham, Mass., manufacturing company. The order also permits Tracerlab & Arkansas an permitting rights $230,000 ^cimiea | a, that domestic we"s to be drilled during rnmnLf Va^euas 1960' Mr' Sutter indicated that P y Should be a year "at least as good us 1960 gained to Pprppn t,n . Ripley >' —V. "was ...' ' — Co. Kidder, three Corp. of stockholders. of the second fiscal totalled oKm,t L Li ^ domestic segment ciency eff principal quarter purchase hp for e*pecJ*d sales during for the estimates will 196} common the . mitting The First National Bank • & 17 Harriman ap¬ j issued Barney American -• exercise Texas Rhoades* Sachs "V; Development Loeb, Goldman, during Pleasant, namwof , Co. Glore, " tions Cleared— The Smith, 1 to 2,003." '_ >*. •, the arev the Union 1960 X r, the FINA, name and s1 \ v. through to and * Securities construction ' 1-'' offer Co. : M. & engages modern El and for Barney & Co.__^_^_17 Blytn & Co/.Inc.— 5Va Eastman, Dillon, Union ■ '* *„ ; in exploration and development drilling in the South¬ Mid-Continent aiid Rocky Mountain regions. It also operates west, three & below Smith; ' ' of 1061 n forth - year of demand outstanding to banks; the Percentage motoring public particularly sig-- consumer program under which 46 units of modern design were completed 1960. Over the 12 mcnths a total of 300 retail outlets was Petrofina company's Carl • 1960, previous proximately 1% in the company's marketing territories." Contributing to this sales improvement, Mr. Jackson of subscribed writers. that gasoline and facility. Industry financing payable 503,615 shares Houston* and severally agreed to purchase, as nearly as following respective, percentage;, the units which wage period. sales during the notes have the the < other measures during increased in not Rhoades and who are oil notwithstanding 1959, Petrofina's volume compared continuation of ^ciniti1? pv'npnsitT'1 th expenditures ' , practicable '■ retrenchment 1958 level of $12,000,000 debentures, UNDERWRITERS—Set revenues 1959 .V .• . out years American stated nificant that completion comprise stock. importantly to earnihgs in I960. He emphasized the industry greatly improved during the and reflecting this favorable trend, net income 1960, on reached the will $10,072,300; subordinated share per within Petrofina Commenting Mr. lower .. pointed in contributed that second primarily to adopted stated decline a restrictions." Jackson economies too President, $73,829,000, "due production '■ CAPITALIZATION—Upon capitalization underwriters $76,848,000 • ; 1950. Harry . reported was ,V shares per share it year, the be to 4 gain recurring The Commercial and Financial Chronicle (1224) the from $375,430 of stock information certain ,sub- of report, gains Receivables finance at the end of 1959. Of the total receivables outstanding, 79% was in the form of direct cash loans to indi¬ viduals while 21% was utilized in factoring receivables, business with ; Gross contracts. sales and loans ' outstanding $41,832,047 from income reached operations high new a of $10,- 193, for reported subsidiary record a amount casualty com¬ insurance written of of Offer Mr. that stated the of because completion successful of an to convert their shares into subordinated capital income debentures, preferred dividend requirements have been reduced by $105,240. He pointed out that this decrease in preferred stock dividend requirements inexchange offer holders to serial 6% of preferred shares the common stock. During 1960, the company increased its total assets employed to more than $47,000,000. Capital funds increased to $27,612,099, an 18% rise over the preceding year. The increase in capital funds included additional long-term loans with institutional lenders. the creases Six offices new Hawaii. in two offices serving in the company's California, southern company p. now area of Wash, and of 90 western Seattle, in one operates total nationwide a Mutual With Files The of one developments encouraging most the be SEC offered at $14 record April 4, shares held; Offer 1961 expires written by Polger, D. ' C. The V. "■ ■ '. ' -■ In report a marked was further progress developed with $163,665, compared was or write after and or new offs office of 2.14 the stockholders. additional An 15,000 shares by one of the selling stockholders. Goldman, Sachs & Co. is named which group first will offering of being offered to empoyees are managing as offer the 300,000 shares of stock. CTS shares to the general public. underwriter of a This marks the electronic and electro-mechanical variable resistors and associated switches. The company will use proceeds from its sale of 75,000 shares for partial retirement of a promissory note, for capital expenditures and for additional working capital. CTS is Corp. manufacturer a of components, its primary product being Industries Cadre Corp.—Record the of all loans on first the attained Sales half totaled 1959, > -iS' of 28%. increase the first sales of..$4,676,525 for compared to $5,987,509 «-.•?' \vami6Vfw share for the first half of the previous fiscal year. principal manufacturing division operates primarily in the electronics field. Its cable and wiring-harness assemblies and electronic cents 45 per Cadre's are supplied to manufacturers of machines and computers, radar systems, missile guidance and ground support systems.—V. 190, p. 2338. commercial and military accounting a K. C. Holland, of Omaha, pany the year 1960. in 1959. the on Neb., Chairman and has 707,336 for record announced I960 the of Net sales were $107,784,023, income Net record sales this of com¬ income for and net compared to $101,599,399 as $2,663,455, was Board No share The year of stock common paid marked 1960 64th consecutive to stockholders. the dividends from 1955 to 1960 inclusive total $1.35 complete report of operations for the A stockholders March 13.—V. 189, p. 347th and year Extra year-end payment dividends share. per 191, mailed was to 2031. has ings of Net 1959 sales sales the for equal 1960 of approximately were Celanese sales in the became and the from $2.44 a common share. $264,117,134, as compared the general decline quarter 12% 1959 earn¬ to $265,235,584. of by third report decline a $22,648,307, affected earnings common last in acute more with year record the adversely were stated. ;;The commenting on 1960 operations, Harold Blancke, Chairman of Cel¬ anese, said that earnings were affected to a considerable extent by the involved expenses further diversify in certain Celanese that developments operations. Notable undertaken were among these to the were following: Development Celcon, of new a high-strength plastic with extraordi¬ Acquisition of manufacturing rights to manufacturing S. industry components adhesives, ticides scale annual an market launching of with trade for future in Completion these this four currently fibers, fuels, by pounds billion one used is and the at price subscription synthetic rubber, insec¬ Canada of new a as officials management of in President of of take of as Cerro mill two level. that should Blancke is each contribute being at reaches was out 1960 in the interest of sustained corporate growth, the company reported. Gross addition to plant and equipment during the year totaled $39,793,240, of which $26,752,649 was for domestic operating companies and $13,040,591 for affiliated American and foreign com¬ panies. Major capital expenditures included completion of an expansion Weil —V. which originates of the Pampa, Tex., chemical plant for production of higher acrylates, of units at the Bishop, Tex., chemical plant for expanding economies of many of the world's older nations economic importance of the newly independent countries a reservoir source —V. of 193, of consumer new p. business purchasing and which power expanded 600. volume offers for and the to 930 feet below almost 14,000 feet of ;. SEC to -T a registration statement with shares of common stock, Delaware corporation, upon the filed a at of constitute of the its Exchange prices current bleached allied has and in of which" the prospectus, the stock sale its to said 237,599 Carpenter pro¬ shareholders stockholders who Stock Exchange otherwise or of sale. SEC has issued granting an from provisions all an order under the application of Cencon, Inc., New York, of the Act, provided Cencon files for in pulps. Carpenter primarily is Company an Act exemption the and number of shares Inc.__ Shares $600,000 65,000 5,000 5,000 50,000 3,000 30,000 10,000 3,000 7,000 Co.___ 30,000 2,000 Co. 20,000 1,500 2,000 Co. & Inc Inc Inc & Co 20,000 Inc. 1,000 15.000 1,000 5,000 2,500 5,000 2,000 ___ Kellogg & of below: Exchange Commission— March on at $5 of through to are showroom; to Regulation a of In securities, order not ,» three of shares that asserts complied misleading respect of of filed Feb. to proposed a Street, Race cus¬ <-. > public offering Denver. i stock. and terms the exemption an consisting each The with exceeding $300,000 ./in Committee Oil proposed not 1961, 1, such units common that to 4601 securities 16,666 certain with, in capital. be Ore. a t*'< Co., pursuant consisting and Oil offerings offering in conditional exemption from registration a notification a public stock Commission has issued an order tempo¬ A exemption from registration under with 1933 by Committee public of with to Portland, Co.—Offering Suspended—/ f and Exchange Act $1) (par working for and notification Inc., t Oil suspending respect ture debt, : securities the for of payment Securities, the purchase Shiels used be Regulation A provides , 2, 1961, filed a letter of shares i of common stock 25,000 share, per of of $299,988 $15 a Commission's conditions of of deben¬ suspension Regulation A were offering circular is false and material facts, and that the offering company's respect of certain anti-fraud provisions would violate the of the Act. The order provides opportunity for hearing, upon request, on the question whether the should be vacated or made permanent. According to the Commission's order, the Committee Oil offering Middle outstanding 4,689,703 shares of suant to the Chairman Gilbert exchange and E. President Carpenter, shares.-—V. offer 191, of and preferred include shares, Karl R. Bendetsen to to interest and principal on proceeds should the company and Kenneth who and will I. C. Holland, receive W. 11,493 Carpenter, The Board shares, The of stockholders. In when in and cents Domestic share, a in Charles sales were 1960 J. was Haines, $4,442,973 or $1.71 a Chairman, reported to total a of $4,276,287 or said been profits adjusted to share from a gain $1.61 amounting to Sales in share. a in foreign the reflect subsidiaries and 50% owned statement and that 1959 1960 the change.—V. 193, for of January— operating 1960 $2,477,821 $2,666,427 1,834,928 .__w. p. the which to to risks the company the acquire oil involved properties alter¬ and in of gas the the oil com¬ available are therefor, the of use oil and gas based not whereas as the 45,000 authorized capitalization of the provides company shares. Commonwealth International General & A Fund To — fund investing in leading foreign and domestic com¬ participating in expanding world trade is, planned for offering panies the to mutual new public The Fund The initial has Fund Co., also $12.50 officers same share a the now funds on company management behalf of organization 1925. and Commonwealth than more some has $200 North is Fund Waldo of invest¬ This invest¬ supervising investment com¬ . primary investment objective of Commonwealth General Income American million investors. 50,000 been Commonwealth as investment manager, same manages funds. . directors and Commonwealth Stock Fund which ment S. the will have Co., ment The fourth member offering price will be new It 12. Commonwealth International & General Fund, the of the Commonwealth Group of mutual youngest The April on is and International & long-term capital appreciation, Coleman President and Robert according to Chairman Cody. Current income is a L. consideration. The Fund expects to companies in and invest primarily in the common stocks of foreign companies which do a substantial foreign American "Commonwealth International & General Fund will invest in the economy of the industrialized free world, rather than just the American economy," the two officers said. "Modern communications and trans¬ portation have made the world so small that no nation longer any 1,887,619 expenses Net. revenue from railway operations Net railway operating income 193, funds no have only stand can The —V. extent the debentures, fail business. 1961 operating revenue Railway the (adequately) which the Offer Stock— com¬ figures 4. p. and with funds upon secondary recovery methods although such yet proved successful on the properties involved, and the statement that the offering includes 49,998 shares of common opera¬ Chicago Great Western Ry.—Earnings— Month fact methods secondary from consolidated are and pany assets since $133,493,718. $130,270,868. were Haines panies income of source be figures reserve Securities the company earned $3,298,792 or $1.23 $977,495 from a non-recurring capital 1959, tions 38 net stock, common the explored and developed. The order also challenges the company's forecast of profits based on conjecture, the statement that the company will pay all direct sales costs and certain other expenses Investment Corp.—Sales, Net Up— corporation's share to are Fund. Chemetron proposed, as business gas pany 25,831 Jr., disclose pay of use properties pur¬ 899. p. fails intends stock, the company stock. common Carpenter, 34,590 circular native a products, stationery products and West, Southwest and Far West. paper the indebtedness as President and Dwight J. Thomson as Board Chairman. shareholdbrs of Carpenter who will receive shares of Champion $642,893 $778,808 147,653 222,069 alone." political will Fund new invest only in countries which have demonstrated stability investment firms 700. and economic soundness. It contemplates underdeveloped countries, although it may extend to underdeveloped nations. in whose no direct invest in operations I Compo Shoe Machinery Corp.—Annual Report— Chroma-Glo, Inc., Duluth, Minn.—Files With SEC— The the corporation SEC offered March on 2, 1961 covering 90,000 shares of at $3.30 share, per filed letter a stock common through Jamieson of notification (par & 50 cents) be Minneapolis, Co., The with to Minn. of proceeds of to are salesmen, be and used for the for .working purchase of equipment, the capital. Chrysler Corp.—Files Stock Plan— ment corporation with the of the SEC company's Highland Park, on March Thrift-Stock 9, Mich., 1961,- covering Ownership high filed registration state¬ a $10,000,000 of interests Program and 200,000 which may be acquired pursuant thereto.—V. shares 193, p. 5. Cities Service Co.—Files Thrift Plan— in Mr. registration of corporation's all in major the rate of in, net 1959 of profit He obsolescence the policy, newly constructed higher operating costs "Many by of that our our service that will 1960 expense of older be the much on in strain as; of sales in in (3) and 1960 three 1960; the service from factors, exceptionally an accelerated (2) the depreciation substantially organization. last explained. "Accordingly, profits in 1960 by were replaced upon year. It is depreciation, volume 1959. to (1) machines imposed this in $231,426 machinery; reflects large $6,u04,467 entirety Schwartz reduced a Schwartz, of machinery 1958, attaching Mr. performance taken leased shoe to its those J. sales $6,797,539 factors expanded an sole equipment," newer anticipate of leased in match<^ I960 George Total taxes the introduced on of after in lines, report. virtually listed sal«s product annual due was Schwartz. obsolescence a $12,937,500 Mass., almost stated decline effects we This company, of 60 Wall Street, New York, filed statement with the SEC on March 10, 1961, covering in 1960r compared with total sales The $360,390 said This Waltham, 1959 President, in The training of common stock annually certain 5, named below severally agreed respective aggregate principal underwriter^ 15,000 covering Securities year Investment the Jersey 1116. proceeds scock and paper producer, engaged primarily in pulp and paper and paperboard produced listed 19 in will receive the 237,599 shares from time to time on the New will of paper, states 26 19 semi-bleached to certain of Carpenter Cincinnati time pulp a and sale distributor lines addition In the at is company manufacture for the or to Paper the Of stock, offer to propose Stock wholesale According Champion liquidation.- Champion Paper they The the stock, common part. a distribute course the such Cencon, Inc.—Granted Exemption— The Place, an 1961,- covering 237,599 8, Carpenter Paper Co., shares to poses in - agent for 50,000 Colket The Securities the Fibre Co.—Files Exchange Offer & Hamilton,. Ohio of March on issued 1,290,888 created ' stock. common Exchange 15 Inc York Committee Mountains. Andes exchange by Carpenter of substantially all its assets for not more than important products Co., Beane_____ & ..-y mined because of flooding the reported York, 48 Wall Street, New York Co, company amount. level a v> company be to emerging have an Celanese was 50,000 & Leeds p. SEC tomer's actually project issue 13 co-transfer and agent New of Transfer Co— & 193, The American project will drain the hot water, permit ventilation and hot areas in .the lower part of the mine, and extend the the mine, which currently employs more than 900 men.—V. 193, Champion Paper The construction making 1,3-butylene glycol; installation of facilities at the Houston, Tex., polymer plant for manufacturing a new type of lienar polyethyleneacquisition of facilities for producing polyethylene film, and an addition to the fibers plant at Rock Hill, S. C., for manufacturing Arnel 60. In reference to foreign sales, the report noted that the fast- p. follow Mosley & Co. & Securities and long.1. miles within deep Coca-Cola, Shillinglaw, Commercial Investment Co., Portland, Ore.—Files With ; Graton W. & Spear, ing at transfer Co. Co. Mason-Hagan on South & Penington, Tunnel, will permit ore bodies ;;not now elevation not being are of A. Coca-Cola, 600. " .suspension to dur¬ details Inc Sloss Warren offered announced 1012. P. . substantially carried March company the the 1976 series Yeatman, Robbins D. rarily worked an 193, 1, 10 of $900,000 of this firm's first and & Co. & Courts shares.— of Railway program company.—V. Inc.—Our forth Williston R. C. the company's the seven now located is to C. of April March 17, $45,555,861. was division Dr. and development the Brooks Marron, Graton life producing bleached kraft supplier to the paperboard said. plant capital investment the Lank of set Kormendi the tunnel, which will begin complete. One of the largest of years undertaken, tunnels, Mine flooding. of the driving five ever Lower . water hot cooling for world stock W. J. certain by 245,022 group a Corp., tour a about which adit, sea on kind its Casapalca above underground Peru estimated will main have - projects Mr. a promising a P. be reoffered for at the time of such be named the Graton extensive silver, lead ,and zinc mine consist The 1959 indicating from bonds Supplee, may ,j; because year, will its as lubricants, of Stroud held. shares price are to be supplied by amend¬ involved. Any shares not subscribed for by purchased be and Koenig, endeavors Portrel polyester and Arnel 60 triace¬ reception products, and new business, extensive An exceeding retailer and diversification Celanese future chemicals other products; pulp that establishes Celanese packaging industry. These of paints, dyes, coatings, plastics, drugs, cosmetics, detergents, of many fibers, business family a dyes, and retail The tate on acetyls, advanced European process an and 1960 Maid, Minute directors, business of year then '• payable Bonds by subscription for each project,'/ to operations, as a replacement for metals and other materials appliances, containers, pipe, industrial equipment and other volume applications; U. for Peru.. to Mr. automobiles, for offered be share potentialities nary in to new '/ J. ,,purchase subscription Koenig, new Cerro is In the are Registrar N. common Corp.—Capital Outlay Planned—P. in from that developed during the last quarter, the economy 2, amount . Mine which after taxes for 1960 of $19,935,744, share after providing for preferred dividends. reported a represented one ■ Maid shades of ,j; - share, a close the for of of of UNDERWRITERS—The 1395. March 13 plans by the corporation's major mining subsidiary; Cerro de Pasco Corp., to undertake an $8,400,00o tunnel project at the Casapalca York Celanese and The the Celanese Corp. of America—Annual Report— equal to $2.07 192, p. Y., City 1771. p. receive This and underwriting shares 111,186 V. shares 1960 year of ; Minute number the the at research financing stock common public sale in whole or in part at prices current reoffering. The company engages in the development and holding of real estate for investment. Of the net proceeds from the stock sale, $200,000 will be used to purchase land in Los Angeles upon which the company will construct, in two years, a building to be leased to a new bank to be known as Century Bank, and $450,000 to purchase up to 22,500 .shares (45% ) of the outstanding stock of said bank. In addition to certain indebtedness, the company has outstanding 536,464 shares of common stock, of which Bley Stein, President, owns 701,759 Dividends per up year—from higher average per shares the on date officials share to $3.67 to $3.77 equal $6,500,000, the outstanding—the stock, common basis management The outstanding Dec. 31, 1960, compared shares outstanding at the end of 1959. paid to stockholders in 1960 were cash dividends of $1.80 including an extra 20 cents per share year-end dividend. share per President the on may by Carpenter Paper Co.—Record Highs— to during improved profit margins.—V. stockholders electro-mechanical sub-assemblies and increase notes of mortgage bonds and 100,000 shares of its Properties, 1758 South La Cienega Blvd., Los Angeles, Calif., registration statement with the SEC on March 15, 1961 cover¬ worked taxes totaled $248,514 equivalent to 79 cents per of 99% over earnings of $124,938 equivalent to after increase an and. earnings. sales an profits share, current in. the companys both in of Net the of half the best were board Plastics, Additional N. average President the 60 taxes the offering on March Century Properties—Rights Offering- Highs— has compared receivables purchased on amounted 1960, small cents record APPOINTMENTS—The 31, a on of century Cerro reported results of operation for fiscal y^r„ .ending E?pc. -3.1, 1960. They ten-year history,< gnd record highs were President, Cawley, W. for premiums of Vice-President a share per dividend income Cloud, to compared into Coca-Cola on Dec; 30, 1960. Before Maid merger, Coca-Cola earnings for 1959 /./y.'i for $2.80 or as J operations include years $2.64 a technical Colorite areas. $9,658,575 to Robert Wayne new totaled 1960 expense. showed losses 2.43% to ment. of Elkhart, Ind., on March 16 filed a SEC covering the proposed sale of Corp., with an $69,188 outstanding Dec. a year earlier. credit balance The registration state¬ 315,000 shares of common stock. Of 300,000 shares being sold to underwriters, 75,000 are being issued by the company and 225,000 are being sold by certain CTS entering in elected . R. $38,251,207 $501,986,613 were were $5,233,000 While stockholders ment Provision of 1960 •• voted elected wth compared for ""'V''//' Minute or stockholders to 1961. gain of 27%. Net income of $188,877 increase of 15%. The larger I960 net a development ing 134,116 shares of Corp.—Registers Common— 1961, share, a sales merged the board director President, said 1960 expanded, offices Brozman, resources for set handled 1959 filed CTS plans and in F. financial as business of $7,575,684 fro?n shareholders,, R. to by volume The with of ' 192, p. 4. The v 250,000 thereto.-—- y: 1959. both for lor Holrnan Corp.—Volume, Net Up— $2.87 was $33,581,679 were was —V. growth the increasing used-to and V' Net for outstanding.,;;' .. to be figures which , adjusting 479. p. Century Acceptance was toward The '.. ; V.>J,•. partially reduce short-term notes.-— -". ■ Plan, acquired'pursuant be may profits in 1960, both in this country and abroad, nigh level. Directors of the company announced or 1959. for $441,381,286 Corp. 21,[ 1961, The offering will be under¬ April Thrift Employees which 6 that consolidated net profit of Coca-Cola Co. for I960, provision for income taxes, reserves, and all other charges share a 1961 and all-time an $39,341,319 with shares stock .:,vV 5.. March was Nolan, Fleming-W. B. Hibbs & Co., Inc., Washington, proceeds are 189, 6, 20,000 Monday, March 20, 1961 . company's the common Dollar sales „ • Manassas, Va.-— Inc., . Coca-Cola Co.—Record Highs— reached Exchange Commission— and March on covering existing offices as well as opening new branch facilities and that the company will continue to further develop the subsidiary factoring, insurance and sales con¬ tract divisions in line with the company's program of diversification. assets . filed a letter of notification of common stock (par $10) to per share lor subscription by *,stockholders of at the rate of 24 additional shares for each 100 corporation the Co., Telephone Securities Receivables that the reduction of the rate of interest charged by banks lending to Budget. He also pointed out that 1960 marked the 15th year of continuous payment of dividends on all classes of stock. His forecast for 1961 was that Budget Finance Plan will employ its during 1960 i. . ■ public, the of of 193,-p. after states. 15 noted Offer Mr. opened—all were in The operations—three hands in participations shares V. ; on of potential earning , one own Central with $1,486,294 during 1960 and—with expanded activity planned for 1961— increased its capital funds twofold from $610,000 to $1,273,239. statements. financial including ^Commission, vehicle securities"outstanding" in' the 908. .1 : - "r V > " ' ■' its of any —V. compared with $9,327,674 during 1959. Gross income from insurance operations continued to grow and recorded $1,480,004 com¬ pany • the company's the to financing 368,238 pared with $1,324,535 for the preceding year. Transnational Insurance Co., Budget's wholly-owned ' debt . finance with application, ,';jit" will, serve merely as a aspect of the business activities of Continental Oil Company and Universe Tankships, Inc., its only asset will be the mortgage notes of a single company, and it will not own or trade in the securities of any other company or have According encompassing 24 years of business operations, outlined recorded and foresaw increased growth for 1961. outstanding, the most accurate gauge of a consumer company's growth, increased to a record $42,819,557 compared The the of sale loss. sidiaries which were operating at a . of important to note installation and machinery built and in- Volume stalled late too in Number 6039 193 to I960 . . , appreciable produce The Commercial and Financial Chronicle Container Corp. America—Annual of facilities new duction, consolidated Record In The The gave mailed Report— located for providing March on were reported by 13. 192, 13 1960 activities last consolidated earnings $19,638,780 for 1959. on its The the earnings per common share The company statement with the 1961, debentures due 1981. The covering The interest rate, V. supplied of in In group W.' Cole of common stock, of which-management officials as Seventh 850 Corp., filed ol public sale by the company ana 20,000 shares, being by the present holders thereof. The offering will plate ing and share development and; ' certain of common shares 232,000 indebtedness, to addition In ai6 oai*ncC m^gcuerai ana the wottung capital. has company outstanding stock, of which Henry Starkand, president, 200.000 shares. Bernard Bertner owns 22,000 shares and pro¬ to sell 12,500 shares and Edwin A. Bernstein, a vice president, shares and proposes to sell 7,500 shares. The outstanding shares, were issued in vi'iu.al ,y-.' -oh, . > su we assets and liabilities of. a predecessor, and the consideration for their issuance was the net worth of $18,952.60 of the former company. At Dec. 31, 1960, the equity of the present stockholders amounted to $38,309.72, or 17c per share. ."T'T\ '*. ! ;' V p\yns poses 8,000 owns • fifth class according firm. .'V President Dorsett, G. Loyd to of the changes management are • y'.V"-y' for plant, new a the Division, Duke Duke • 422 shares of with of industrial SEC share The March company each for on 14, to such offer tions tion providing of purpose the to Such facilities. This In company common has shares of is and of one the life beneficiaries 1,006,536 shares.—V. fiscal reached In record high J. a Net 39% sales gain manufactures 8 will 1960." said Mr. Brown. to is to them, . , 6% 192, for SEC sales million." been has appointed in New 13, Trusts York, 1961, filed a covering which, an according subsidiary controlled trustees of certain GE'.—V. 191, p. 1217. by the pros¬ leading em¬ General the companies, certain registration additional to limited to a list of executives, officials, on retainer and former employees of Its New Offering— Avenue. participation Co. cumulative convertible preferred 992. p. March on persons, and will be created families the which trusts Ericsson Telephone Co.—Acquires Interest— A stock set representative of company, parent firm of The Ericsson Group, world¬ organization, announced on March 15 the majority interest in Trimax Transformers Pty. Ltd., of Melbourne, Australia, a manufacturer of apparatus and components for telecommunications acquisition of a communications and the industries. electrical Robert 3,000 —V. 10,000 7,000 & & Co. Inc 5,000 B. Richard & L. 193, Ferman p. & Co._ be bar switching system as the new standard for the automatization telephone system, Ericsson has expanded Its opera¬ The Group had previously installed small cross¬ systems in Sydney and Melbourne, and subsequently received orders for larger the of 3,000 3,000 3,000 3,000 tions Australian that country. in systems crossbar Petersham and in Street, Joyce SEC on March Orange, 15, N. J., 492. filed Covering 1961, a The registration 150,000 be added to of the company has shares sales in 1960 of up were of The Inc. mounted compares is This 3.9% a increase 1959's over ' * net • During stock,, earnings on common stock in 1960 amounted to compared with the 1959 figure of $2.63 per common the year, dividends of $1,225 per share were paid or declared Falstaff on stock. common Commenting on the problem of increasing costs in manpower, equipment and materials, President Joseph Griesedieck noted in the report that some economies had been effected in the cost of basic packing materials through carefully controlled purchasing practices. He pointed materials in rise out, however, that a number of price increases in these anticipated in 1961. These include an expected 3 to 4% are the cost prices, crown general outstanding good have past Mr. year, Falstaff. at year "glass new can" approximate 3% an the could it the of and Reviewing package, boost in a can slight increase in costs. Griesedieck stated that he said, "we "Frankly," 1960 was feel that a better year, for our entire industry was plagued, extremely poor weather but our firm did make gains in the face of the weather and an unstable economic situation." Looking ahead to 1961, he concluded, "Our peak sales season will to Highs— doubt but been degree, a by heavy demands on our emergencies, in 1961."—V. 192, . present unforeseen any gains . . make barring steady to new record highs. President, in the annual capacity, production should we continue to make 1117. p. Fitchburg Paper Co.—Sales, Net Down— ^\ to ft new high of of with sales gross This share per share. Sales and earnings of the company, during 1960 of Fitchburg, Mass., were slightly under the previous year's according to its annual report. Earnings totaled $544,824, equivalent to 55 cents per share of class A and B based stock, of compared as net on $20,177,102 sales of $714,225 to for for $19,904,213 the 1960, prior These year. compared to were sales net of during 1959. Fitchburg Paper is a 97-year-old manufacturer of specialty grades technical and fine papers and converted papers for the building and packaging fields. The current annual report is the first since the com¬ pany became a publicly-held corporation. The decrease in earnings was attributed by George R. Wallace, 3rd, President and Treasurer, to increased expenditures for new product development to and which markets his In to has "It major a home the for some the sale from building of the furniture and company's more expansion of that new long- ifi I960 of class A common company's working the program in but enable equipment, capital, plant, facilities. goal our overall to use profit base for growth a Wallace—V. Mr. $18,921,040 been our provide 1960, Joseph L. Eichler, President, has reported. The company's 11.5% gain over 1959 sales of $16,964,589 contrasted with a 15% decline for the U. S. home building industry during the same period. only bolster not implement administrative and in demand funds realized and will stock the items. report to the stockholders, Mr. Wallace stated term loans it weakness lessened profitable specialty Inc.—Record Highs— Homes, shows 'I960. 31, net preferred on increase Eichler $43,801,000. to Dec. 1959,1 and'represents a 3.7% increase. annual' report Kt6; stockholders are net after1 payment of Federal excise taxes $111,625,968. firm's $2.84 . Eichler Homes, ending Report— report earnings for 1960, after provision of $6,268,000 for income taxes, totaled $5,884,953, compared with net earnings in 1959 of $5,396,781. After provision for dividends of $293,160 paid or declared sharply March 5. annual foid I960 $115,934,085' ' amounting sales common earnings the year for another indebtedness," certain will corporation's gross sales of $154,083,666' for Also listed in the firm's 1960 was balance Louis St. $159,735,085 which engineers, Toowoomba. The Ericsson Group, with annual sales of approximately $165,000,000, comprises 58 companies located in 29 countries.—V. 193, p. 805. Net income for 1960 rose 39%. and sales were up 27% over the previ¬ ous record highs established ill 1959. Sales for the year were $12,483,555 which Compares with $9,843,500 in 1959. After all charges and taxes, net income was $323,451, the equivalent of 48 cents a share on the .673,493 average number of shares of common stock outstanding during 1960. In 1959, net income was $232,020, or 37 cents a share based on 620,400 shares then outstanding.' The company issued publicly 100,000 shares of common stock last July; In addition, about 15,000 shares were issued in the exercise of options. There were outstanding 735,700 common shares on Dec. 1, 1960. //•*,.. EG&G manufactures electronic and nucleonic systems and equipment used in the measurement, recording and analysis of ultra high-speed phenomena. Mr. Germeshausen reported continued progress during 1960 on the company's work in connection, with "Project Rover," which has as its aim the development of a nuclear powered rocket engine. New'developments are reported also in'the fields of hi^h-speed flash systems, "oceanography; nuclear bomb detection and radiation dosi¬ metry. The company's line of "Milli-Mike" instruments and accessories for measuring and recording events taking place ih a fraction of a billionth of a second was further expanded last year. These tools have met increasing customer acceptance.—V. 192, p. .-> 400. 192, our 1960 financing to of operations, and to products increase," said funds from present demands for 597. p. the the at as level our . in Despite ' increased costs of financing and with Eichler Flexible according Net to per on an Frederick the In K. year. his in both . year, share annual firm for the year 1960 rose 13% which increased 11% over 1959 report. ended on an Dec. 31, average 1960 amounted to $121,138, of 182,959 shares outstand¬ compared with $107,097, or of 164,734 shares outstanding year, average Daggett; highest in previous the for the Conn., record sales on company's common during share the income 62c or ing this Guilford, of the previous year, over Homes' Tubing Corp.—Annual Report— income Net nonrecurring costs asso¬ diversification into new types of con¬ struction, net profit moved up to a new high of $469,080, equal to $1.07 a share. Net profit for 1959 was $462,925, which equaled $1.07 a share on a smaller number of shares outstanding. Through most of 1960, Mr. Eichler recalled, the high cost of financing depressed both construction and sale of homes. "There has been a sharp change -the money supply, during the past three months," he noted, "and we expect financing to continue to be in reasonably good supply for some time,!'' ' ** In addition, to continuing strength._in .the sales ofEichler's single-family;'; homes,-«the. builder anticipated; • $3,750,000 -additional volume this year from two1 new types of projects: (a)Ghe Western Addition Urban Redevelopment project in San Francisco. and tb) the Pomeroy Green "cooperative, suburban town houses in- Santa Clara: Also, the company will build garden apartments in Palo Alto. Starting in April. Eichler Homes plans to build 72 units of garden apartments at Western Addition for summer opening. Eichler's Western Addition project will involve about $.13 million of construction, about $2,100,000 of which will be completed this year. Of the balance, consisting, of more than 500 units of high-rise construction, half will be completed in 1962, and the. rest in 1963. • -* Western Addition* units'* to be- completed this Year' will consist of three-bedroom, 'two-bath, plus family-room apartments and four-bedroom town houses. ' *".*'*"' ' ' ' ciated income, only we our After reported by Kenneth J. Germeshausen, of Avenue if crossbar report to stockholders mailed on Sales at Grant Even houses, 7,000 511 to shares and our last Green, Inc.—Appointment— Trust common and Lexington and/or or at did we 1418. York eligible (L. M.) wide /;'■ for the sixth consecutive year President, said on March 7, in the Net New the be been homes Pomeroy 5,000 and the increase working capital. addition Sales This Duke of 190, p. 570 of Co. such of Bank persons Electric $25 Communication^, with pectus, business. one-family operation our that at the $900,000 our around Trusts—Files units ployees, to corporation.—V. 175,000 in year rate same $1,650,000 stronger the efficient developments include projects in San Rafael, Sunnyvale, San Jose, Castro Valley, and Orange Alto, Trusts, statement no 191, p. 900. including a special item $101,318. amounted to $456,953, equivalent to 33 cents a share, based on 1.389,540 common shares outstanding on Oct. 31, 1960. This compared with $455,598, or 36 cents a share on 1,280,640 common shares (adjusted for a 3-for-l stock split in September, 1960) out¬ standing the year before. ' ' * ' ' .'"These ex:raordinary expenses laid the foundation for Dynacolor "to* become a major factor hi-the photographic industry,"-declared Mr-., Br own. With the company's products gaining an' excellent reception in the photographic trade and from the consumer public, and with fiscal Elfun area. community, current Palo |registrar for the Elfun the additional all last increase Homes' the about and than should of given any a more The Stockholm sell Ed?erton, Germeshausen & Grier, Inc.—Record stock for the year ended Oct.r 31, from $7,270,741 reported for mm and 35 mm color film in the $6,650,000—is Chemical stock , volume Brown, at Fairgrove, better Maieo, The stock, of which Henry A. Abruzzese, presi¬ dent, Anthony J. Davanzo, board chairman, and Albert A. Traettino, vice-president, own 33.3% each, and propose, to sell 25,000 shares each. elec¬ 1960 totaled fiscal 1959. and is the largest independent processor of Kodachrome films and transparencies. Rapid expansion undertaken, to meet strong demand for^the com¬ pany's processing service and products,, and costs- of- introducing Dynacolor film and+ training additional employees;-- "invoLved many non-recurring charges » v.- »: which .created, a ..drain...ok earnings in Report. $10,121,934, Dynacolor j a William 1960, at Western Addition, at of 1961 York (straight funds Dynacolor Crop.—Annual Report— Sales locations million Electronic compahy company 450,000 common of The Doris prospects 3,000 C. • stock,df the independent by 1960), of which The Duke Endowment owns shares $2 little Eichler the binding of children's hard cover books having "flatrigid spine) bindings. 'Of the net proceeds from the of additional stock, $200,000 will be used to purchase additional machinery and equipment, $50,000 to move equipment and other facilities to a new leased plant, $50,000 to develop new equipment of record on April 24, 1961, on the 30 shares held. The subscription price 11,019,009 of borne out by the results," he stated. expect to continue manufacturing we active total a San company's sale funds for construction costs of addi¬ generating, transmission and distribu¬ borrowings have been made from The Duke En¬ outstanding year $2,100,000 do V' organized under New Jersey law on Feb. 20, 1961 and on Feb. 28, 1961 acquired in exchange for 450,000 common shares all the outstanding capital stock of Economy Bindery Co., which owned all the stock of Pyramid Warehouse Co. and 50% of the stock of The Geneco Co. The company and its subsidiaries are engaged The electric Trust, which Trust owns in the principal underwriter. principal stockholder of the company. Construction expen¬ August 1960 to January 1961 amounted to $29,935,000, financed in part from short-term borrowing;. addition to various indebtedness and two series of preferred stock, Annual by at location 7,000 the with common sale stock (as 6,306,991 shares, Miss Doris Duke, 639,810 shares, and management officials as a group 55,781 shares. Doris Duke has a life interest in a trust owning 91,155 the circle large a The —a 75,000 shares are to be offered for public and 75,000 shares, being outstanding stock, by the present holders thereof. Hayden, Stone & Co. heads the list of underwriters. The public offering price and underwriting terms are vto be supplied by amendment. The registration statement also includes 12,000 warrants to purchase 12,000 common shares sold by the selling stockholders to a company substantially owned by partners of the of original Co.______' Godfrey, Hamilton, ' Magnus & Co. Inc.____ J. J. Bruno & Co. Leavitt & Co.____ Philips, Rosen & Appel__i_ Co.__ & company, statement was of Dec. 31, to be, has been year. from which the on Falstaff Brewing Carp.—Annual dowment, ditures will Economy Book Co.—Offering and Secondary— necessary company's homes belief that the longer we are in position will be in the market and the of severally class the is approximately $2 million in additional just opened on new land at Fairgrove of Co.____L_______ Johnson & Roman be to project Construction Purcell Sulzberger, Liebcvbaum supplied by amendment. No underwriting is involved. ' .The net proceeds from the sale of new stock will be used to pay (in whole or in parti short-term borrowings made or to be made for the is Inc. Kesselman Blosser & McDowell Hamerschlag, Borg & Co._ .; •• anticipated 90-unit a 40,000 Kirkland & Co.__ 20,000 Greenwald & Co._ 15,000 Maltz, N. C., filed a regis¬ 1961, covering 368,000 proposes of shares shares have to two two and out¬ stock B below bedrooms, bedrooms two a new issue of 40,000 shares, the share capital of Trimax will equivalent to $268,800, of which L. M. Ericsson will own 60%. The company's name will be changed to L. M. Ericsson-Trimax Pty. Ltd. Since 1959, when the Australian Post Office adopted the Ericsson Co. Inc._-.__ Co. & Straus, Products additional Charlotte, Street, stockholders by new one the stock. common subscription basis of financing, 221,000 class agreed has Co. of $319,096. three with with "Our have Shares Jenks, 6. p. Church South statement development the 193, of named company's units 66,000 & _ Lee Hallowell, Co.—Rights Offering— Power of tration for for equipment.—V. L. back" has excellent metal fabricating capabilities which we will utilize in conjunction with our operations at Electronic Controls Division," Doisett said, "we also expect to utilize engineering skills at Electronic Controls Division to the advantage of our Speedster trical of & was current consisted shares the 1960, income the of company number 31, ..;, ' Blaunder D. Inc.1' M. contemplated. Speedster presents principally in "Speedster Products tne Blauner D. underwriters. Milton . ;; Milton net underwriters respective the below. 807,200 Dec. Shares Division, will begin soon in the Foothills Industrial Park, betwen Denver and Golden. It will be located adjacent to recently completed facilities of Dorsett's! Electronic Controls Division. ; of Constiuetion completion and and purchase, severally, electronics Norman \vv Speedster.'. No to and the company of stock common agreed vf • The Denver firm will operate as the Speedster Products Division. John R. Kauffiran, the founder of the firm, will continue as President of A ended year $7,289,580 UNDERV/RITERS—The action merger fiscal to capitalization standing within the past eight months this firm .has acquired all the outstanding shares of Speedster, Inc., Denver manufacturer of special purpose industrial heating elements and de¬ vices, institutional electric cooking equipment, and short run metal stampings. The transaction involved an exchange of shares and a cash payment its In the amounted CAPITALIZATION—Upon Electronics Laboratories, Inc.—Acquires—- >Dorsett units Avenue. completed early in 1930. pointed out that Eichler Homes' operations are in con¬ trast with the irregular policy of seme builders. When ever possible, the company establishes a long range operation in a given market area, constantly building its operation and improving the product it commodities.' sales will year Grant on Eichler Mr. of cans EARNINGS—For ■ ■ 24 located Fairgrove was marketing and net outstanding stock, company's,sale of additional ,stock, $50,000 will be allocated to research per , through M. commission. share per $7 at various sizes and .shapes which are used for packag¬ of various foods, petrochemicals, and other prod¬ The company recently acquired industrial Metal Lithographing Corp. which lithographs tin plate for metal con¬ tainers in various colors and designs..;.,* V Eastern Can Co. Inc. plans to move its executive offices and manu¬ facturing plant in 1961 from its present Brooklyn, N. Y. location to a new plant being constructed in Passaic, N. J. „ ; . ucts a be made ai $2.00 L. Lee & Co., Inc., which will receive a 20c The registration statement also includes $113,400 of convertible subordinated debentures (and 168,000 common snares reserved lor issuance upon conversion !of the debentures), which were sold by the company in 1960 and which may be offered for public sale 30 days from the effective date of a post effective amendment to this registration statement. ' , Organized in January 1960, the company is in the business of designing, engineering, manufacturing and selling electronic equipment for the United States -opyiedii^e.r-; >u<;. tney nei? proceeds from the per , BUSINESS—Incorporated in 1929, Eastern Can Co. Inc. manufactures tin registration shares priced stock, this - ahd 12 completed be be contain in Southern California.—V. president and York, will room proceeds from the sale of the shares will be used by the company to purchase and install additional manufacturingequipment; to complete construction of a new manufacturing plant; and to move its equipment; machinery and executive offices from its present location to the new plant..; The. balance of the proceeds will be adaed to the company's working capital. a statement with the SEC on March 16 covering 5J.000 common stock, of which 30,000 shares are to be offered for Offered—Milton Stock also from Cupertino. "This Co. Inc.—Class A PROCEEDS—Net forth New Avenue, employees.— project family a Eichler Mr. our the and to .. . will project 5 baths. 1109. p. Corp.—Offering and Secondary— Decitron Electronics Electronics to are $900,000 baths project Green .. apartment for the Decitron underwriting Is involved. be used for the benefit of Alto share. - The offering marked the initial sale of the company's class A stock. . as proceeds class. A by 124,615 shares. Raymond C. Hagel is listed as board chairman.—V. 193, p. 909. own D. with letter of notification a who offered furchering 2,957,019 shares filed 1961, 6, Palo business Blauner & Co., Inc.; headed a group of underwriters on March 16, 200,000 shares of Eastern Can D. its common stock or in This Y. ; No company. Eastern Can proposes in such case, apply the proceeds in reduction of bank loans its announced plan to continue expansion of its the educational publishing field. addition to certain inacbtedness, the company has outstanding and the 191, price and, activities March $1,650,000. The currently of amendment. Any debentures not subscribed for by stockholders may be offered for public sale through a group of underwriters headed by Carl M. Loeb, Rhoades & Co. The under¬ writing terms are to be supplied by amendment. " The company is engaged directly and tnrough subsidiaries in the publication and sale of encyclopedias and reference works, elementary, high school and college text books and related educational material, trade and technical books ana in the operation of radio broadcasting stations. In November 1960, the company entered into an agreement with Loew s Theatres Broadcasting Corp. to purchase Radio Station WMGM operaiing in New York for $11,100,0J0. Of tnis amount $8,100,000 is to be paid in cash and $3,000,000 in 18-month 5% notes of the company, which if prepaid within 6 months bear no interest. Of the net proceeds from ine debenture sale, $3,000,000 will be used to prepay the said 5% notes; $1,000,000 will be applied in reduction of a subsidiary's bank loan, the proceeds of which were deposited against payment of the purchase price for WMGM; and the balance may be applied toward payment of the remainder of such purchase price or, in the alternative, the company may avail itself of commit¬ ments for bank loans against the balance of the WMGM purchase be to are N. - L . registration a debentures for eacn 25 com¬ record date and subscription price amount J., covering 11,764 shares of common stock (par $5) to be 95% of the closing price on the New York Stock Exchange at The $12,000,000 company for subscription by holders of $100 principal held. shares mon of 14, on N. BroCkport, and Bayonne, the day on which allocations are made and purchase contracts accepted, pursuant to the 1961 Stock Purchase Plan for salaried mem¬ Offering— York, filed New Avenue, March SEC debentures basis the on Fifth 640 C., on V > , Publishing Co.—Rights subordinated convertible to offer of the Angeles, Calif., Los Texas, . on company SEC offered bers Crowell-Collier 601. p. D. Eagle-Picher Co., Cincinnati, Ohio—Files With SEC— shows dividends, 1195. p. 193, Washington, Y., N. 78-unit-Pomeroy involve in equaled $1.57 in I960, based on 10,672,923 shares outstanding Dec. 31. In 1959, earnings per common share equaled $1.83 on 10,555,628 shares outstanding.—V. Dallas, 111., Aurora, —V. Rochester, In were with compared 1960, for preferred 1960 processing and manufacture of sensitized papers film plants for color - shareholders on March $322,286,816. to sales preliminary .report a in $327,262,662 report released report $17,076,427 After of sales annual company's consolidated company month. of the in the 1959 The prepared Brown Mr. fiscal are Container (1225) to meet the requirements of expanded proexpressed confidence that earnings in the current year would resume their historic growth pattern. Dynacolor Corp. has headquarters in Rochester, N. Y. The company's that year. will con¬ In revenue leasing of this newly* installed machinery tribute-significantly to revenues in 1961."—V. 193, p." 199. the However, ' 60c per common during 1959. said that sales of $4,519,973 were and compared with $4,046,413 for the? President, history company . to shareholders, Mr. Daggett stated that message the increase- earnings and sales were achieved during a period whea. "many.and many individual companies suffered from either or both, industries a profit received of 8.1%, by capital and squeeze Orders 1959 was decline in business." a during setting increased the year amounted to $5,000,196, exceeding all-time high for the company. $821,435 compared with $510,006 at an to Working the end 1959. During stock and 1960 Flexible paid out 30c in cash dividends on the common an extra '2% stock dividend at year end... The president? the company had established a policy of conserva¬ told shareholders tive quarterly will sideration cash be dividends on the common stock and to declaration of additional stock given that con¬ dividends. 6 This move (1226) taken was Improvements Another The Commercial and Financial Chronicle and first enable to expansion the .company when to capital conserve In for needed. established also was of January the complete Straight-Through Regional Sales Organization in mid-1959 with a policy of a more equitable balance between defense and non-defense busi¬ results ness.. ■' The president fabric and essing be In the for use duct Commenting indications to 1961 with Flexible ciated and products air,' liquid the by manufactures in variety a materials or armed said: together permLs sizes, handling with tubes, shapes at $5 Lomesney & Co., underwriters. hotels institutions. and in stores are popularly In retail outle.s company's plants lines are and broad¬ our ducts look to and materials for asso¬ Long Island of excess 80% ^ Chicago its located stock to discharge net This will be full in to used 7% a due certain outstanding stock interests and opening of new retail outlets and to add of at its 150,000 28, to 1962; loans; repay its various Fotcchrome, black the than double 1960. Nxt mon'hs of ended figure shares to working purchase finance to the capital.—V. film, the for 193, Photo with Inc. Co., Prior color According to and stantial Laboratories sales acquisition the to of sale Net -• color film of 1960 the 1960 made for in treated about The two to from come offered $1.93 the $2.20 taxes, of of a of lots, bridge is for sale in in March on 120,000 8, the share, to are be used of firm, of 5900 East holders present underwriters The and of 806. ' shares board shares the 40,000 of sale the be in service Altoona, latter of area Pennsylvania is arising of at a State and SEC 7 in of It is V. which March which $1) and roads; the L. with in - SEC share $1 300,C0Q filed —V. to are shares be filed to shares of used The Chicago in and M. T. company's Thompson, their earnings corporation's the for in message the $19,250,978, were net Sam amounts shares to reported compared be 1960, to number of shares outstanding at earnings amounted to $3.10 per share The company's total income against $203,124 613 in The latter consecutive to 1959. shareholders year in for the pany's a which the out regular * of °id in of 52 Vi> I960, $2.25 per share. rents placing sales in bv of funds This was the on S3.44 end of they that of the ** past " year, told -ov ry .. portable a loading of cars, addition, containers the and same half of to to of ships, they and said, operate they a container special said, 1961. new types would March on 1960 plus be a '1959. sale and company completion, will 1961 will be extension used and/or by for the 1956 years Net the $52,800,000.—V. 190, I960, the Telephone Co. of pursuant to The by shares will accrued applied be and dividends. to the redeemable March at Glen of and of the at the payment sale of in the bank amount loans of 201. p. Glen Mfg. 1959 over increase of Inc. sales 44% of over share for the year ending of shares, compared to 04 per , v", v c ■ financial .position headed dollars by the for Loewi Co., & strengthened was worth of Inc. increased year, This, the by stock common together stockholder's of $3,758,000. states that the looks company forward to the fastest g increase by at 35% which to 1,800,000 it time is the in women 50% a in 1965, estimated increase in there 15 to 24 this almost to and that of group age wil' alone. market be This from 1960 totaling today well over $2 billion. diversified, having seven separate divisions, each oper¬ growth market. National headquarters provides counsel, information, and financing; but styling, production by each department allowing them flexibility businesses. Furthermore, each division caters to a sep¬ control controlled are 192, p. 1709. had total stockholders' equity of $16,488,305, or 31, 1960, compared with equity of share, at the end of 1959, it is an¬ by Rsav-AdmirtJ John J. Bergen, U. S. N. R. (Ret.), Chairman, and Irving Mitchell Felt, President, in the annual report of the special common a share, $2,26 or Dec. on a common nounced situation Net ,7.7 investment income $109,078 before Madison for net tries, Inc., Rcyal of Sales and the the per net division a in as net of of realized loss net gain of $256,701 of in $4,602. Operations Graham-Paige, at were 1959. other whi"h is F?% o - ned by $17,335 in 1960 before net ooinpares wuh Corp., loss of This revenues before.—V. of Botany Indus¬ 191, were $7,161,486, 1434. V: p. Manhattan value par loss net Graham-Paige, from profit of $502,015 compared with had special In 1957. $3,902,765 ■ Precision, Inc.—Appointment— Chase cents now levels with investments stock. Grayway The 10 011 before compares gain Graham-Paige s.ld 200,000 shares $102,900. year $.9,422 was This Garden, same year, American ccnsohciaied items year realized Square During the 7 company. the investments.' on approximately-the thereafter, for stockholders to for 19%. an number mi.lion because Graham-Paige Corp. Stock of mailed progress and 7% a total a adult market.—V. 1959 $10,000,000 incurred failure (a) market well $17 221,429, will $26.50 at share ' construction. Stock Securities junior and children's apparel which owing market in the entire apparel of girls reaching the age of 15 will exceed 1,300,000 will individual $1.88 7 of tin Graham-Paige Corp.—Annual Report— to option 1966; per mis¬ opportunity for suspension should following: recently and $125,000, average of the 1970, a sales arate its 3i'7 1961, is in budget and the of used Preferred 1, $25.50 the the 193, high, y.qar. represent almost 70—a 1 ating 13 through to qqual to 91 cents President, is 18,000,000 young growth earning; to number and 1960 year company's optimism produces this year /. March a relate- were offering Glen, with field. 1960, inclusive; were The company estimates — the retained 2,000,000 7 thorugh Florida whether by notifi¬ and the of an its in that (3) violation provides question record upon company public a otakley company 2341. p. were based Glen covering loans, Dec. in order with false was per suspension complied affiliate an $2 at $295,690. previous the 1961 ; Calif., part of year the for the a earnings equity $1,255,000, Of ' for 1960, for with said purposes, retirements of the com¬ ending not disclose made Vending shares Commission's was products.—V. substantial $23,C64,000, earnings 30, through -7 out¬ •7/: improvement to be The the on The offering circular material facts; and would $300,000 Glamour 1960, common A to exceeding not 25, Inc.—Annual Report— of During $123,507.— a of permanent. report year previous sale underwriting terms 777.7 77'7 become Nov. Regulation principal a Tnese Bank has stock common been of the appointed registrar corporation.—V. of 153, the' p. 1118. will 1960 and •• Great Miami Industrial Park, Inc., Miami, Fla.—Files Securities and Exchange Commission— ■ Telephone Co. of Florida is a public utility operating without competition in Florida, with principal offices in Tampa, The company serviced territories include approximately; 139 communities including the city of Tampa. At year-end 1960 the com¬ pany served 418,906 telephones compared with 387.770 in the pre¬ . 6. vious They was of was $39,192,861 $34,765,976 the jc to of 100% dial $25, of debt, and the of company 907,629 totaled the 1,555,248 effect of as shares 910. P. pool the freight delivered organized for of the of to Dec, the 31. Dec. compared like 31, with fiscal 1959 offering, 1960 cumulative common i| company's pars to are are and share, to no '. \ stock, par 7 '■ par 56 V* Mon'h or January— v 15, expenses A com- Other Income !_ 193, u : 1,450.365 - Net Net operating income charges : • ..$498,450 193, p. (par $1) *.7 ' • ! . to ■ V • and .7 ) 1 .1' ..... be . advertising ■ 1 ' Financial .7 ■ '. Corp.—Files for Offering— Corporation, registration sale and holders company grated be pany $351,120 354,514 after —V. for organization formed was .285,654 to and used 7 a of-' notification stock First National statement- wit.i the Bank SEC on The registration statement also includes 15,000 company, the The 217,88s 305,107 be Financial filed 222,162 7C2. proposes of two ■ for finance be which to be business. invested finance the in to in the $2,250,000 such developing to persons be warrants proposed and by four insurance net law through acquired or operations with engaged The Florida business company commence will , underlying under of purpose and by share per shares Bldg., March in were and each - October 1960. ' It operating an inte¬ subsidiary companies purchase.- The com¬ subsidiary companies, business proceeds common employed which the promoters and others for 50c purchase such shares at $5 per share. the insurance $1 organized was organized at 22,427 to to $2,305 025 new' and at entitle 348,000 ._ Ala., reserved the sold 1960 $2,689,857 ' 1 taxes by 1,533 3n0 i taxes operating _L__— 1 letter 1961, by amendment. 7 a common covering 500.000 shares of common stock, to be offered for ptxblic sale through the company's officers, directors and employees. The public offering price and selling commissions are to be supplied _ 1961 filed of underwriting. for paving roads, ' value value.—V. Southern Gadsden, in lnbl . Great capi¬ $58,000,000 3, shares without working capital. 7' " '■ Great Southern ■ year* outstanding includes preferred stock, : revenues_„ from and "the two in stock the sale subsidiaries. lease Georgia customers leased customers per ' 7 1960, 7 revenues Telephone Co. of Indiana, Inc.—Earnings— Operating to March 115,000 $2.60 proceeds The shares jacket; car on covering SEC at promotion operated. ended year $4,921,663, $4,862,905 shares Operating unloading corporation the offered will was for net previous the polystyrene twiia and annual company handle are for revenues net CAPITALIZATION—Giving talization funded eighth regular from exchanges with increased dividend new and on 1959 1959." the company's The , $253,758 008 marked The year. EARNINGS—Operating number based increase division of Lhe and s' securities 140,000 misrepresentations annual cents ended Monica, 15, end affiliated were Nov. 7 BUSINESS—General net The polyethylene, system be the preferred stock, to be offered for Webber, Jackson & Curtis and Mitchum. public offering price amendment. from the stock REDEMPTION—The Board, share trucks. a March on the competitive $19,402,384. cumulative Paine, company at $27.50 per share share through March 1, 1971 the were the average dividend 4, conveying Santa of certain made or in oversubscribed and the books closed. - year. said, shareholders, handle, Blvd., of and company's The prospectus, 400,000 shares of $1.25 cumulative preferred stock, par value $25, of this company at $25 per share. The offering was 1 .cent) per 1960 on cent .i-t.ni.cai pneumatic manner containers, first designed the Sales .7 . year was at $127,953,736 exemption. an provisions. request, upen disclose California—Registers Pfd.— Monica and $55,860,32.7, respectively. property additions for the year offered, to purposes. iri p~ hopper income of filed offering that been alleged shows franchised $475,142 fiscal discharge in part short term bank treasury for funds previously used for the General notification a covered net by properties Federal they and the offerings such respect Glen Mfg. Sold—Paine, Webber, Jackson & Curtis; Stone & Web¬ ster Securities Corp. and Mitchum, Jones & Templeton 210,000 the fourth a stock a. 15 for to -'/'v. v:;Vv.. $113,590,269 influences; (b) failure to disclose management companies; (c) failure to disclose the existence of an existing franchise dealer and distributor; (d) failure to disclose adequately existing patents affecting the company's product; and (e) failure to disclose adequately arrangements to manufacture one and - 420,000 shares 7, •'.r. • to (1) has vacated to retail financing, consist' of 1959. 7.71'/'i" rise year. 33,149 was Corp.—Stock Offering Suspended— company's failure that the company's in cf manage¬ sta'emeat, raoe." During income Santa The of and/or gross amount the air sell 1960 $16,587,910 annual sir' the 5% of construction, General dividends ; 2020 proceeds that outstanding at the close of 1960, of supplied sale by continued: "Three other $316,227,889 ' pointed current owing ty the company. Gross additions to and (par , stockholders to the the will payable, \7'7 v.' ■'•. / yf ■■ $10,441,957, PROCEEDS—Proceeds Chairman based and of I960 of $100,530,108 at the beginning of the "ear. amoun.ed to $70,282,060.—V. 192, p. 1814./ the of interests merchandise the • notes 7-7''' : the Jcvsey.. company and under end of en 4 ■: ... Offered' in miscellaneous the -v.-. to $105,676,365, a beginning of the With annual with share, per during the engaged operated New completion of is and northern and through net totaled $3.47 outstanding • Templeton. treasury Corp.—Record Hi?hs and addPd: "This produce in totaled shares 250,000 proposes of corporate Laud, company's Inc. over 1959 notification a asserts The expenditures.— Stock the amounted asseis Of public anti-fraud be. • 378. sale to for underwriting. general profits history, President stock. p. & The 2001. stock common without such Inc.—Common registration statement with the SEC a Junes be filed and p. letter a for in the at at accounts accounts public pursuant hearing, GPU construction by amendment. and 187, proceeds, for amounted savings issued . In the offering time Penelec treasury supermarkets contracts company public with to names proposes 143,713 owns 1961 share, per of sales 1960 reimburse covering for public shares by in from to (2) Act aggre¬ 17 meat, chain has leading Act borrow¬ the its used savings savings increase amount. . investments^ in the to ■■ end of start respect proposed during 1961 subsidiary, Pennsylvania Electric aggregate of 425,000 shares at $20 of Supermarkets "Shop-Rite" 29, This through 66 airports it has outstanding Maytag, Jr., president B. and Company additional • .J7 • 25,720 exemption to subdivision Colorado 16 for per 1960.| loans outstanding at Dec. 31, 1960 totaled to'$87,453,327 at the beginning of the year. growth will specifications transportation 88.888 shares. 8, shares capitalization 193, are be supplied the shares Maytag GPU borrowings. Of purchase from time 1, - I liquidated (par Denver. to are owns 495,423 group covering proceeds D. by other March on groceries, common Oct. Marina, Inc., Absecon, N. J.—Files With Exchange Commission— on at of Sr. used . the Supermarkets, EARNINGS—Sales proceeds amount, to be offered public offering price 493,601 be to common with cation; repay a outstanding April $83,390,410 consolidated reason bank $2,051,398, an order temporarily suspending a Regulation registration under the Securities Act of 1933 with respect to a public offering of stock by Glamour Vending, of 1212 Tower .Building, Denver, Colo., ■k''.'."7:.^\7.% Regulation A provides, a conditional exemption from registration A almost Electric. in .V ; number 27% a The tv dis.olution which earnings 1959, Glamour Vending Home stockholder'will Pa., to amounted 1960 estate Total 1960, 910. conditional Freeport be will to or a of 500,000 stock, stock, Maytag, David as offered largest the the of ■ , 2. for shares paid year the Assets at the proceeds from the financing will be used by the expanding the number of Its" supermarkets," and. toward and stocking them with Ihifcl&l inventories^; standing Secondary— General American Transportation first miles east CAPITALIZATION—Upon 210,700 1961 in its total compared for of name Co. notification stock March on primarily owns B. corporation The . Railway, an BUSINESS—General supply. Avenue. SEC The engaged shares. officials The In of In of .-v.. 1960 over Real > of of the of-its expenses 27% compared ' PROCEEDS—Net in $2,681,000 will letter of a common water 39*.h common common Lewis Securities and by issued lunds p. through $50,000,000. books, construction a the thereof. chairman, and Garden '1- liquidation and ' Home shares stock after the The in $8,500,000 equipping share—the losses this underwriting. reports, plans underwriting, terms is company 937,528 fd Proposal— 81,191 said 1960. ;■' ■ At by Godfrey,' Hamilton, Magnus Co., Inc. Associated in the stock offering was Frank Karasik & Co., Inc. passengers, property and mail, now serving 66 cities in. 11 states. In addition to certain indebtedness, basis liabilities issue the remaining earnings dividend 1960. & •. the net of has made was obligations, purposes, amount filed of for Fripp inlet; installation of the the 4 the all (a) Railway General Telephone Co. of without shares and its to proposes for of March on net number stock of offering of 110,000 shares of General SupermarKecs, Inc., common stock at a price of $3 per share Foto¬ p. purchased operations on 1961, shares outstanding as to of ' Corp. of California—New Highs— . 777;t7 stock common 31, same ox sales Earnings tax portion a 193, 702. p. statement. with the outstanding GPU cash of surrounded General Sub¬ of Pipe & Foundry years other of normal to cross and This of Pa., about. 1.2 area, additional use • per with company States future income 193, registration In the exchange the In engaged The company -7 Government compared Frontier Airlines, Inc.—Files for to in all payment SEC facilities with pursuant company Georgia and share were $1.57 based on which are adjusted for the Net earnings are after estimated Federal taxes on income and before appropriations to the Federal Insurance Reserve, :'.../. 7 7;7 ; Deferred income (unearned loan fees, discounts and interest) at Dec* 31;, 1960 amounted to $1,541,996 equal to $1.58 a share. This amounts to an increase of 24 cents per share for the calendar year of 77;;-V Corporate Regulation Power Co. of business of Georgia of and Co. properties earnings of $1,534,743 recorded in 1959. Earnings were $2.10 per share based on the 976,395 shares outstanding to Dec. 5% 1.6 shares of GPU apply V. processing 193, in January. share. S. the in and of U. as United forward course per proceeds ment the shares Division SEC Southern in gain the —Public sale •• $1.75 or per mainly project, years.—V. covering at The sell equal ' 828,982 by 702. p. Consolidated 34% sales ■■■ announced or subsequently, deferred as to $13,193,537 production the corporation SEC and all of Johnstown, Pa., or an share, which funds will be expenditures or to reimburse its Securities and Exchange Commission— > of (2) 1773. p. Co., Fripp Island Resort, Inc., Columbia, S. C.—Files With r Plans— and executives to 191, per black accessories. ",4 utilization a sulphur that of quarter increase expanding and 7''7'.-7; figures stock nickel-cobalt of being and for sharp rapidly supplies were.: before common preserve future will the to third '• • ■' . ■ . investments, $3,023,000 the To 1 $14,477,796 from During end the (b> subsidiaries Paramount annual started to processing machinery.—V. amounted preliminary to estimated in Stock Utilities Corp.—Exchange Tyrone, stock service a gate. 31, Co.—Annual Report— report record a Income (31 the earnings were shares is continue and with companies Fotochrome's u of the increased March nation-wide a contributing company's should ialso Freeport Sulphur Highlights as for more announced $1,500,000, company these photographic • (1) sales ended also Corp., of services' Nadaline, due automatic .. the con¬ earnings New order under the Holding authorizing this New York. holding company to make ings during 1961 in amounts' not exceeding $12,000,000 processors that $6,877,083, months Board, photo-finishing to Mr. the growth chrome's independent reached 12 the of annual a processing is earnings facilities from to higher 77 ' thereto; pursuant owns liquidation. The announced I960 previous . from of and completely - $1,500,000. 1959. efiort an Financing Approved— largest has 31, Chairman Jr., General of Fotochomo (2) Broadway, acquired which common in Up— nation's Dec. results. 1959 Corp.—Files 1775 Public Co/, Electric cents processor Service same in the by transportation earnings, savings, President, announced common for each Railway share held. Home the purchase, transmission, distribution and sale o.' electric power, all of which it purchases from Pennsylvania Electric Co., a subsidiary of GPU. Home Electric serves some 6,030 customers of increased to 37 cents per share for the nine per share during the previous full year on currently outstanding. 11 Nadaline, white and 1961 long-range filed divestment Ga., Beverly Hills, Calif, corporation, in 1960 established new records loan activities and assets, Herbert J. Young, In endeavor v Option Plan.—V. provides earnings acquisition Photo the the Net color and period shares Frank of one white from 1,681,780 Inc.—Sales, Inc., and nine-month and in and will order Folochrome of proaucis growth in research and plan a for 1^61 Monday, March 20, . . Gibraltar Financial the Electric 493. p. earnings the ultimate half of the stress cars on Rome, .Power.—V.-193, 1961 last certain Electric productsi sold in the sale March improved to special 493. p. be Company, offices, discharge certain short-term bank loans, debenture the York holding company has filed a proposal with-the SEC Holding Company Act tor the issuance of stock in exchange utility and other assets; and the Commission has issued au order giving interested persons until March 27, 1961, to request a hearing thereon. "* I-V'"'Under .an agreement with Altaona and Logan Valley Electric Railway for Los the of year, the during Act providing New under and. from proceeds half lasu of continue types of stock, to be offered Stock receive PROCEEDS—The would new Motors General Angeles. The company's metropolitan communities wnh a primarily in large, heavy population concentration. common homes, assembled and and 193, may common industry : ^ in use the of manufactured are City, for that most The said, of American's corporation, waich meet to general ,: - priced one the at EUclNESS—The company is a manufacturing retailer of a specialized of furniture products frequently used in conjunction with foam Their Inc., treatment was*e usage. first liai. business on liquid York, filed registration state¬ ments with the SEC on March 15, 1961, covering (1) $45,000,000 of participations in General Motors Savings-Stock Purchase Program for Salaried Employees in the United States, and 2,000,000 common shares line cushioning. the 111st Infilco, manufacturing and industrial the depend and new General This share through Myron per will General trend.—V. Stock Offered—Forcite, Inc., a offered on March 16, 150,000 stock develop tinue 7. p. 1961 and that,' while than acquired xield water "General management requirements 193, corporation, common non-metallic of services.—-V. York shares of A. base to the proc¬ company's major type je« engine commercial airlines. president procurement, told lower the new a ana the permitted for treatment in municipal were be The company, they design and engineering rubber decrease and both also company water equipment year. ■ new the of lorces ^lSSl, sales consumer Forcite, Inc.—Common New development for defense plant procurement armed outlook Guilford of for probably the the of Stockholders will 1931 in line industry confidence." Tubing and the installation production and botn increased industrial ened and design the on of in the material in research was that out equipment basic more costs. achievement stark?.'. pointed processing to company also of leaders the company, according to the annual report. During I960 non-defense business amounted to 56% of the over-all business, exceeding oeiense saies for the first time. This gcal had been established when the company inaugurated its by . The durine ^ .Upon order from Power request under March the 21 of Co.—Hearing Postponed— the subject' companies, the SEC' has . * issued ~ to an Hi Holding Company Act authorizing, a postponement May 2, 1961, of the hearing iu proceedings unaer to The < , . company has outstanding 22,427 shares of common stock promoters, and 20 other persons at $5 per share. Of this Ben Coker, president, owns 3,567 shares and B." L. Carter, chairman of the 2,910 shares. outstanding stock. Management | v officials as a group " . own ' issued stock, board 98.7% k Volume Hawaii With 193 Thermal Securities The company the SEC par ($1 The 2, without be to are nled 196i shares 300,000 share), The Commercial and Co., Wilmington,. Del.—Files Exchange Commission— March covering per 6039 Power and on proceeds Number of letter a of notification stock common underwriting. ior drilling used be to wells, organizational expenses. Hawaiian Electric Co., Ltd.—Proposes Bond • In •, for underwriters & Co. The bank total available sale of assets, securities calls from of previous and Dean for the financing, of wh! about be to part of nounced be The provided ' V. > The Chase Manhattan trust capital Bank has for ol: the dividend The Commission's Regulation become Other order exemption shares common has A at $3 April 25, 1960, to respect share per hearing a of with permanent, request for 191, this by following thereon. temporarily This firm, , shares with in investors due 1971, transaction public a corporation, withdrawal The offering of by. t..e suspension of Control sales in finance Newark, - Hickory Files The with to corporation the be York. The a 1 SEC A filed of letter a J. B. J., , for Road, with stock, the to corporate class and B has been'-"appointed stock Townsnip, March on for the This of company, statement shares with of thereof the common through Moseiey & Leale SEC St., to be underwriters Co. The Wollaston, Mass., March on stock, 13 filed covering offered for Industrial have the the outstanding sale by to be supplied by amendment. The',, company arid its subsidiaries in engaged operating and operated entirely distributes through and the In to indebtedness, shares E All (the of of B the shares owned by J. Weeks. 171,600 such is owned The and sale, combined 50% four 59,400 by by Hudson Bay its the of Mining Dorothy B. report wholly-owned for the J. with compares Gross income share compared with Current to own Current The in Co., River and liabilities- at or $3.59 in In Dec. at cash the 31, of this Co., 1960 share I960 amounted year. totaled in Dec. lowing ton; 31, average 1960, ore amounted totaled reserves Gold—0.059 assays: Copper—2.63%— ings for its fiscal Nil sales in pared with net 29, I960. Net to $1.14. • and to similar nine are Hudson nine mcntns based a trie common Exchange. The $750,765, Mr. and • nine stock fol¬ per sale outlet, and 703. p. threv affiliated drug stores in New Inc., of 135 South Salle La Street, its basis common offering ment. reserved Central of headed by F. price and underwriting terms registration statement also The for issuance Life pursuant Assurance Co., Chicago, which shares of may to Sare two Iowa, Moseiey to be includes separate and & Co. time to thereof. The ville, company, III., enable manufactures both ity product Engineering printers in factures timing and its paper web manufacturers 111., including and performs to and acquired time in that ch public Co., discharge a first mortgage note in 1960 incorporated in New Ultrasonics cnangoj was yt'„ to as from $215,000, the the will It their the marketability sale be of the added intended is due company, GIVING (par EFFECT 10c)______ April it3 v;ti- shares, the TO 30, to the proceeds 193, sales high 60,000 Trust I : 2o',000 25,090 j, 152,500 PRESENT' FINANCING Outstanding 200,000 shs. will Co. be transfer agent 1119. p. of and 1961___.$17,500 selling Corp.—Annual net new of initially that 200,000 shs. Corporation stock.—V. a chemi¬ specific purposes, which are set priority and in' approximate amounts: Bakeries were sale and the following of Bakeries' in just ' completing thq significant volume oi sales no given studies are Report— $140,456,520 its earnings in the 53-week fiscal the for were tire off results in and 1 ' in a proposed would with company aggressive an this regard give Tyrex the being in model whh by Tyrex all making in Va., rayon the moved was it Ohio. and was Hercules to manufacturing yarn Painesville, responsible are plants that Painesville. to to large a first noted.—V. 193, Transistor quarter of Corp.—Net ended March amounted equal to A. equal quarter 11 issue charge the cents a a 31, $376,375. to income Net quarter the of approached the of and current since fiscal similar the products of the average selling price of that Diode be is Hamilton Waters & Co., 6% of $8 Inc., per of clude mechanical timers, development work fiscal previous the period was pointed out ' period of proceeds will be used equipment; to finance the expansion of the to Sept. $3,and said to improve flavor, texture, and keeping •• . the for for sale public 1961.—V. Counsel Offering— at by competitive the bidding. Net first, to dis¬ $2,000,000 of 5 % company notes and 193, 1119. p. Corp. of New York—Net Up 160% 2747. p. Corp.—Registers Stock— and Corp., wit)i B acting as law, Wall 52 the SEC common Maryland its on stock Street, investment the Fund New York, March 13, 1961, (non-voting), to adviser and manager. Organ¬ plans to register under the Invest¬ Distributors Corp. under Delaware law, underwriter of the Fund shares and of a "Contractual Plan"; for invest¬ ment in the' Fund's shares. The net proceeds from the stock sale will be used for the following purposes: organization expense of the company and the distributor and expenses of this offering; organi¬ zation expense of the Fund and initial and; continuous public offer¬ ing of its shares; operating expenses of the company until its income will pay such expenses; and amounts required to be paid to the Fund under an agreement guaranteeing that the Fund's expenses organization also corpo¬ L. 191, Counsel class Inc., which non-cumulative share through purchase Co.—Proposes evidencing bank loans made during 1960 which a portion of the company's construction program towards payment of the $12,761,000 construction program I960.—V. under 30, diminished .... company's about research Company Act of 1940 as an open-end diversified investment; comoany of the management type. The company has also initiated • profits Hempstead, to by ment company Charles the of . of production of Jefferson the as and 1% principal, underwriter of the average net value asset the B underwriter, stock, and 60.55% owns Samuel J. of the Romano, a annum. st-wk class A and 43.25%- of Director, owns 24.4o% respectively. Rodger J. Browne is listed company and President of the underwriter. 25%, the per has outstanding 20.000 shares of class A common and 20.000 shares of class B common stock (no"-voting). W. Badalamenti, President of the company and Vice-Presi¬ class and * exceed not Th act sponsor (voting) I., additional will as will dent net only product for pay statement ized company manufactures and sells diodes, an elec¬ device, generally known as a semi-conductor. Its' customers in¬ Tektronix, Inc.; IBM; The Lawrence Radiation Laboratory of PROCEEDS—The is offered of the University of California; E-H Resea"ch Laboratory of Oakland, Calif.;: Philco; Atomic Energy of Canada, Ltd.; and the Bendix Radio Division .of Bendix- Aviation Corp. « debt of fields notes to company 31, Fund represent year the . long-term the filed a regis-covering 3J,030 be offered for public sale at $10 per share. The offering will be made through underwriters headed by Washington Planning Corp., which will receive a $1 per share commission. : i. The company was organized under Delaware law in January 1961 for the purpose of sponsoring the organization of Jeffersfbn Growth BUSINESS—The tronic in financing will be used of 4 Va % promissory this Jefferson Stock—The Corp.—Offers the made Power shares transistors germanium in net a- Dec. the 1959 earnings buildings in the New York Metropolitan Area. Tie n-atnvn. the corporation's real estate activities has changed importantly during the past year. Emphasis is now on investments in pnme .e,r ns Which are icaseu unoc long teun te-ses :o builder-owners of apart¬ ment houses, .office buildings and similar high grade income producers. Present backlog of such business exceeds the total assets reported on the plant to Board, over-all *i!: corporation reports assets of $24,500,000 as of Dec. 31, 1960 profit for the year of $443,000 after depreciation and Fed¬ eral income taxes. This profit equals $4.14 par share on the corpora¬ tion's common shr.res. It represents a gain of lo0% over ne^ earnings of $1.59 per share reported fcr 1959. *. Investors Funding is a substantial owner of land and apartment share. common aO — This share. for i Company, 1000 Main St., Dubuque, Iowa, filed regis¬ with the SEC on March 16 covering $9,000,000 of bonds due 1991, and 223,833 shares of common stock, to of secondly, the and large, the of increased were Investors Funding has price company's $369,548 with a to common 1959, Vice-Chairman second peak" not year. *' ' cents Dec. corporation's ,' * $4,000,000 used and of during that its for the the Down— sales to added. Revolutionary plant equipment has been developed for us© baked goods of better quality and greater consumer Outstanding development of the year was a new bread Jefferson amounted 1960, 4 that and Power promissory resulting operating for Industrial Rayon's Sales reported to ended , Tepoer, in 7 31, Dec. $21,307, same sales on Denver markets statements proceeds 1016. p. total, mortgage each The extent expenses plant in new said He Co. various several planned gains Interstate a Cleveland its at of bread new in , Interstate automobile cord operations Operations manufacture contribute officials process tration of as tire. cord Powder 1959. in non-recurring Acquisition of Cobb's Sunlit Bakery, Green Bay, Wis., early this year, has provided better distribution of the company's products in the north central area. Twenty-four bread plants and seven cake bakeries are operated by Interstate Bakeries from coast to coast.—V. 191, p. 1112. Rayon production recent in acceptance. selected tires. rayon A a operations qualities. products been Tyrex'cord cords. of reporting are of shares Nafziger, Board Chairman, that out establishment cake of L. R. with program range commercial improved other over have, were cars to the producing been merger have able engineering. "" tires operators substantial new a 1961 fleet obtained have of cord rayon number pointed - Industrial broad a the eastern company's Significant also proposed merger Indus.rial Rayon had said same operations, 500,000. from I960 1960 President, modernization program moved forward in 1960 by expending over $6,700,000 for' fixed assets. Over $43,000,000 nas been spent in this direction in the last decade. These assets, th© officers added, have been acquired without any new stock being issued chute 16% be future, The mate¬ cons of the on the with expansion the eariy to connection should cord the of Dow, development of the distribution methods at the newly acquired Kingston, Pa., plant, represented an amount equal to the drop in earnings in comparison with the previous year. These two plants sales sales R. further underwriter. manu¬ the facilities at Wheaton, of notes stock review a ' Yt Jutland company . on as company. the order of company's John and the announced offering 42,000 shares convertible preferred stock at a better qual¬ through its Wheaton manufacturers- in the fields of commercial and military motors, and ordnance systems. „■ Of the net proceeds from „he srle, 8143;874 will be used to renay short levin bank loans and to and reported operating approved, t'.'uck curtailed corporation ration other $40,500 is will International secure and of on which yarns, . to by the holders I960, Of¬ third largest in the history, according to thp annual report. earnings were $3,725,447, equal to $3.41 per share on the com¬ stock computed on the basis of 987,904 shares, as compared to In shares issued the 1930 and declined be¬ cause of competitive factors. During this period the company pushed research on more sophisticated semiconductors, and this has begun to be evident in the second quarter of the current year."— "V. 192, p. 2121. : V. timers, stock if on that quarterly "as a amend¬ Assurance October relays, resea and also Claries Division, to Dan¬ systems which is said control tire : outlook, $60,000, Equipment volume with less waste; Wheaton, devices sensors, Electric Eye automatic and greater Division, switches,for through by common warrants Continental be sold from time The supplied 16,011 is for products proceeds the $4,199,155 and $3.89 that that 1960 forecasts previous " "During the ..nine-month period from Dec. 31, 1960," Mr.' Tepper said, "Industro's sales and filed of Interstate virtually eliminant'ed by casts of subsequent curtailed were engaged We that noted certain plant sales year on March 15; 1961 covering 150 099 stock, to be offered for public sale on an all or none through underwriters been which, Covington, of the In City.-— 111., net for Interstate twb income net regisiratlon statement with the SEC shares of recently 1957. advantages plant second both a Chicago, its be can approximately used tration Hurletron, Inc.—Registers Common— Hurlctron said half in $829,000 was I has quarter sharply This outstanding. York the Feb. \ • . Stock Industrial company transducer of there APPOINTMENT'—The were products, Bissinger interest" in Rayon improved com¬ recently listed on the Ameri¬ packages,...label; and distributes • was of the Authorized problem of that was company stage, Common cents a pound also should enhance the company's this area of its business, it was stated.of excess capacity for textile rayon yarn should be greatly alleviated during 1951 as scheduled capacity reductions in the industry become effective, Mr. Bissenger stated. Industrial Rayon's regrouping of facilities in 1969 included the earn¬ for sales company's the since cost-per-mile Indusfro earnings and some CAPITALIZATION potential from $766,835; equivalent $1.11 per share, in the common cord Mr. of . Per-share the the non-recurring costs of its reorganiza¬ planned curtailment of operations which re¬ equipment second were ended Inc. name of name ma¬ by a on itself an original efficiencies montns the the r basis, net loss in 1960 -was $1.80"-com¬ 1959, qf 45 cents. A special- charge of> again/}, retained earningsv-Xovy.obsolesacM'ce 40%. Corp., Bissinger The 1815. $5,865,000, by earnings copper; and of sharej plan— share. per Ultrasonics generator since funds in mon second $3,341,000 preliminary optimistic the said increase 103,703 oz. at be forth working the aifected move we.l-deiined drug products'. through its own 193, the markets." the products as well as otner nonprescription Distribution is national by mail order and local retail of income net principal and commenting Mr. as bonds, p. $5 under 1959 assurances Prepayment > Bissinger adversely program lowest 1961. vitamin V. loss net a that Rayon's manufacturers was or of shares stock sales were \ months earlier. year 675,000 on 23, months in nine against increased Peb. " as Vitami r's Stock can enctcd $5,357,000 latent the in shipments. stockholders 195). the 75,000 opHon Common — Machinery and equipment .' Marketing research, product promotion and Research and development of new products Working capital of tire constructive and includeJ! of no will and lor for year. modern reported recent of noted Midland-Ross $4,061,346. 15,831,900 tons and stock construction mated engaged in efforts to seek diversification which could be effected qu.ckly and economically only through merger or acquisition. He stated, the proposed merger "will accomplish the desired result as' Inc.—Net, Sales Up— v.. in share, per periods most sales 15 months nine tne . income March on balance from Industrial and per ton; Silver—1.00 Lead—0.4%.—V. 192, oz. Zinc—5.2%; Hudson Vitamin Products, Vitamin the 12, field/ and for start-up and the transfer Hudson and Nov. general de¬ from of In $46,696,520 of of reported duced: inventories , . conversion 1 at 1959 PROCEEDS—The Ohio, induced 1960 Midland-Ross the shows Government basis; March a development; $170,000 in diversification year to $42,704,693, Canadian end year the for share company's products. year. report in tion " : Ltd., for the Ultrasonics, Inc. 29, electronic an year was the of were st-ck company On and to • ,'ifrcome in 1959 his of metal production for the year i960 included gold; 1,532,111 ounces of silver; 79,666,076 pounds of 134,186.023 pounds of zinc, and 366,636 pounds of cadmium. As production; > ■■■ industry selling prices and the operations. Industry shipments of rayon Ltd.—Annual Power per previous 1965 $17,793,513 the & May on development selling addition proceeds research controls; President, Industrial 179,20). company's ounces in profits Following 45.5% share 400,766 shs. the Upon under a stock common cal Edward agreed designing net for lowered of Dorothy 250,800. respectively. 1960 year sales metal $45,943,750 assets $6,069,781 has months into the by Issuance present of share.1' share per industry to build up inventories in When the anticipated demand failed Tower and 50% "\ Churchill $9,904,613, from through substantially increased efficiencies and competitive position has been altered favorably. The a net profit of $10,351,583, after deducting all operating costs, depre¬ ciation, depletion, outside exploration and taxes on income. This profit is equivalent to $3.75 per share on 2,757,973 shares outstanding, and cent a 165,000 corporation stated in its annual report to operations to date in 1961 indicate that losses terminated. Frederick L. Bissinger, resulted sales out¬ Johnson, Weeks, sell stock, Smelting • calendar subsidiary, for D. and to propose and has shares corporation), Johnson commtn •}'. ■ annual basis company $377,625 $'25,000 reorganization: ,measures. undertaken end consumption chain stores now share filed per made,Jp, 1960 of idle plant facilities and other losses incident to consolidation- of operations after credit from disposal of facilities. Working capital increased $3,295,000 during 1960 and amounted to $41,182,000 at the > management officials will continue classes of stock.—V. 193, p. 1015. Report— The Howard stockholders shares been $3,278,000 processes 1,400,000 Howard Pennsylvania which also company and convertible are is stock the stock common Son, Howard B. Johnson; his daughter, Grill of Pennsylvania Inc. (a of It J., $3 rialize, certain 800,000 stock common). licensees. The follows: $47,391,000. In 1959, $62,068,000. On a ,per share with a mejt distributors. audition common independent by and packaged foods for home Johnson's restaurants and through Howard wholesale standing frozen N. covering Rayon Corp.—Annual Report— pared the company and 340 were" opera ted by licensees. An additional ten restaurants were also operated by the company under the name "Red Coach Grill," and, as an adjunct to its restaurants, the oomoanv has licensed the establishment of 88 "Howard Johnson's Motor Lodges" 10, and electro-hydraulic totaling and included operated cn issuance 42,000 shs. 01,000,000 shs. for to name.." The company plans to manufacture end sell equipment. The company is considered a new enterprise " in the development stage. The company has sold its plastics welder to commercial enterprises for laboratory and study purpose; anct— has, in addition, received an order for the that company s The company are are stock, for par) reserve! certain Cleveland, have holders by Blyth & Co. Inc. and F. 3. offering price and underwriting terms supplying aqlarge restaurant ichain. As of Feb'FTst this chain 605 "Howard Johnson's" restaurants of which'265 were Outstanding pfd. The registration a cents are for FINANCING ultrasonics 1815. p. stocklioloers 660,000 public engineering orders. as of .semi-conductor - (10 BUSINESS--—International produced used to research capital. company's headed public be finance 498. p. Jersey a'vdnt Co.—Files for Secondary— 89 par is ' corporation. . Johnson C. indebtedness, the company has outstanding 265,000 shares of common stock, of which Richard F. Leas,k VicePresident, owns 65,000 shares, John A. Herbst, President, 52,500 shares, William Lax, Secretary, 60,000 shares and Joseph Grillo, 52,500 shares The Howard B. Canada public sale at The expenses. requiring inventory capital.-, Inc., transfer of in Inc. Caldwell SEC be offered for to -limited will for for costs cents)/- 993. p. sale 192, no-par" capital was' negotiated chinery and equipment, adaptation of leased facilities, Ltd.—Appointment— Bank response stock $75,000 purposes. • $17,500 work to working PRESENT' prospectus, this corpora¬ tion, of 331 Centennial Ave., Cranford, N. J., publicly offered, without underwriting, 60,000 shares of its 10£ Hindley, senior partner of the underwriter,' at one 33,000 live-year warrants to purchase common shares at' In iaddition general 192; convertible fered—Pursuant to an¬ - The company was organized in 1954 initially as a precision machine shop fftbricatiug components ffcm submitted plans. It later solicited .in *• used was J. obtained TO 50,000 shs. International its precision machining. During the last several years, it has veloped certain proprietary products in the Held of electrical hydraulic components and systems, some of which have been notification 10 of Vancouver, to and Associates each, and g 1913. (par Coburn preferred reserved . its false of stock common through "■r * ' . be Manhattan class 192, to Co. shores share, f 1961 9, 25,000 per are Oil Chase the —V. $5 Y. proceeds '. The of at N. Home March on covering offered New N. o. amo stock, are V. $3 per share on the basis of one warrant for every five shares sold.' The registration statement also includes an additional 15,000 common shares- which, were issued to certain persons tor services rendered to the company. v .: ' ■ . a Industries, Inc., Long Hand City, N. Y.—' Securities and Exchange Commission— With it. business 37'/2 and Edward EFFECT par) *42,000' shares Products/Inc.—Registers Common Clinton 78 common sell 10J.0J3- o. company asserted, order g ($8 Common , headquarters the Statement commission 5. p. non-cumulative stock, 2121. p. GIVING Authorized 6% r'" of registration . suspenci things,- that the company's offering- circular was misleading in respect of certain material facts.—V. 192, p. ' The 1219. p.- Industrial of 1961 ' Hermetic Seal Corp.—Suspension Becomes Permanent • • 13. E, , principally 191, • disbursing corporation.—V. CAPITALIZATION v offering will be made on a "best efforts"' Hindley & Co., which will receive a been-appointed stock no-par staff,*' for advertising p.nd sales promotion; development of new products; and to add to accounts the institutional series notes, March on mil the of additional as and its and sale the 1710. used through with ^Imperial;;, Investment, engaged Hazeltine Corp.—Appointment— agent • and inventories The : . of ac¬ taxes budget p. funds . calls reserve from 192, indebtedness, Thomson & Co., cost $26,644,000 income construction general carrying by Eastman Dillon, Union Securities & Co. and NesbitV Inc.- ? ; * * * ' the the 1961-1965 which depreciation $18,428,000.—V, certain to placement collateral Witter are toward period $85;628,000, earnings. of become be. applied addition direct of group terms de .'erred. Federal $58,984,000 retained expenditures will sale will program contributions, and and for bond and expenditures consumers' Inc. a program expansion estimated be cruals,' such ior Co. by underwriting to one the (including repayment, of a temporary, amount.ng to $1,000,000). The program obtained planned & and basis none added Imperial Investment Corp. Ltd.—Private Placement This corporation has borrowed $6,000,000 (U. S.) ' proceeds irom the funds of the company loan or Read price amendment. construction company's will offering all an net its fdr on by, Dillon, public by general of sale headed The supplied public be Offering company of 900 Richards Street, Honolulu, Hawaii, filed a with registration statement the S-0 on iviarcn 9, 1961, covering $12,000,000 of first mortgage bends, series L, due April I, 1991, to offered will 192, The be balance capiial,. niviuding company has outstanding 495,666 shares of common stock, of which The First Electronics Fund owns 84,000 shares and management officials as a group 170,613 shares Tnomas McGowen, Jr., treasurer, is a general partner of First Electronics. Thomas N. Mcuowen is listed as board chairman of the company and Carl M. Nobel as president.—V, for , The v.orlcing at and •/ 111. receivable. with oilered salaries Financial Chronicle 1' ( 4 1 ,* as Vice-President * Telephone Co. Ltd.—Private Placement—This announced on March 1 m.alnnnl 1 15 that it has sold to a iroplnrc 11 ~ " "r • ^ 8 I (1228) The Commercial and Financial Chronicle $5,000,000 principal amount of §V\% dollar notes due March 15, 1973. The financing for this Danish commu¬ company,, 50.2% of which is owned by the Kromex, boxes, The Last Danish Government, was arranged through Kuhn, Loeb & Co., Harriman Ripley & Co., Inc., and Lazard Freres to week 12 Va will Jutland the use of proceeds of the financing primarily to automatic operation. Kromex for further equipment Co.—Files Kellogg, stock, Battle of the SEC to be Creek, March on Stock offered its pursuant to earnings after Report— registration a 88,915 Restricted highest net taxes, Robert of common Option Plan. have been $21,486,610, of cereals. ready-to-eat of 6% $2.37 payouts 1959. dividend dividend in Finland, following plant can the C. to Canada, England, will be network quarterly paid South Request introduced in distribution in¬ an of came of $82,621 brought a President, programs."—V. compared letter to for cipal total as his to 192, which Roll Mr. Kc.logg reported facilities for plants Both of history stockholders in Australia Kellogg's these in items in 1960 successfully were are of in now fabrics, woven of of the path productive an issued capital R. 6. sale which company's for resources for it told shareholders 1960 1959 sales $2.44 per of for the net proceeds stock common plants. capital. The Kendall's share, the of finished 1960 with business pads, fabrics the S-E all were Seeks to Central month, GIVING of to were of life to be received be insurance The by the business Life -of apparel of the firm is Accident & change share in stock of in Ft. terms which Kentucky Owners' in three states, it the Home Central Life Owners' stock for for stockholders due each two and one-half of life Trailing easy half-billion-dollar He added which to Kentucky in force, Mr. end of goal before said by the of Home that one of Home becoming transaction with which the the holders offer their proposal of Following Home stock for a insurers must registration Owners' stock Mr. Kincaid will be operated now the of will ties disclosed.—V. 192, (S.) Klein Department March March on 10 13 of firm's $1 tional common UNDERWRITERS -^purchase from the set is opposite the managing Deetjen & Co., The stock 85,000 at $18.75 reported shares underwriters named underwriterPaul is director a of shares have of Emanuel, Porzelt, the below Deetjen of Deetjen Bache Co & Hirsch —V. I. & DuPont & Co.__ p. to and to & Co. 6,000 Strauss, 9,000 Co. Inc the Van is C. Co.__ of the Kroger Co. for the second Deriod of 1$138-690-220 for the $141,178,316 E. in Cumulative 363,950, same a two Average sales for decrease periods number the of in first $7,278,735 four-week two periods from sales of of i960. of Kroger period a 1961 year Debentures — in totaled $281 642 685 coded sale the of shares tliej account will be of durins operation the 1960 during the seco"d engaged to » Co. A. Profit, profits to be before income taxes, was $740,000. p?om wls$$178°00b.°r ^ CentS Per SharC Net the taxes °n 429'®°° shares- and Company Fayetteville, N. Act has C., has company sold no RR.—Earnings— operations 1960 $3,262,664 $3,306,210 1,156,058 — 1,091,206 income RR.—Earnings— 1961 1960 $2,076,654 $2,242,903 1,694,526 railway operating 1,666,105 $382,128 $576,798 115,752 204 049 operations income !_*. 603. p. Specialties, of shares Stock of Claremont 340 registration statement a 40,880 See with Options.—V. the stock common 193, Ave., SEC be to Jersey March on offered ' United Nuclear Corp., N. J., '.over- Employee Re¬ 1120. p. Chemical City, 1961, 13, under Works—New V- ■■ •. 7 . Venture—> below. Management Assistance Inc.—Common and at 100%, and stock at and in the distribution of high fidelity sound distribute and Island, 30, " I960, income sales of BUSINESS—Founded For amounted to the the $6,064,233 of the company of Midland 5, Y., N. Agent and 6, Morgan ' consist for 30, '• * V total a shares of V'' V- Hettleman ' . carter, v 500,000 & Berlind, Co. —V. 193, 603. p. '•? $2 Communications per share., 7. on April 4, proprietorship; for and Inc.—Common of its i* >p. 1959 net three Lee corporation which as the .* to products and proprietary June, System 1959, to commissions, and the the to a that and the and the distributor the Pocket directed as develop¬ Telephone Loud Pager. most of Weld & & Co. Transfer been of the 7V'" appointed registrar corporation.—V. 193, 7/ ;77>7;7-;; the Agent for West 14 10ih stock Street, is . The Kansas 7 Co. & . 6,600 _____ North '■ 25,496 Inc.: Co. . First City, A. the, Mo. . .. .7 .. Eichler & Becker G. William & Blair Bosworth, & Co.. Co. Sullivan Inc. & Christopher 193, B. Hilliard Hutton Josey & & Co H. I. 6,600 H. O. 3,500 Rauscher, Inc. lire.'— &. Co. 7_ 3,500 Reinholdt 3,000 Stern 5,600 3,000 3,000 Pierce & Co. _• Co.— & 6,600 3,500 Co Peet 3,500 3,500 Son. & F. Co. —— C. J. E. 3,500 Inc. Co.— Shares Cruttenden, Podesta & Go. Dittinar & Co. Inc.—i— Equitable Securities Corp. J. 7 following ' -m'V' v .■ a3{300 _ Bateman, 3,500 __. Gardner—- & Brothers & 3,500 Co._' 6,600 1120. p exploitation of degree acts as a distributor - securities offered payment of the the estimated expenses of _ ..V Metal stock $1 laws of the company is located is , the company intent to the marking will at per BUSINESS—Metal the underwriter's issue a Inc.—Common - the at was of design, products of Industries, Colorado 4870 created managemnt S. With to on Inc. Nov. Acoma, broad limit the electronics incorporated was 1, I960. Englewood, general the development,^ manufacture for Colo., 2, par com¬ share. Marking State Of¬ Stock March 7 offering circular, Schmidt, & Co., 818 — 17th St., Denver publicly offered 50,000 shares of this firm's 250 The sold, Industries, Sharp, McCabe mon . are Marking fered—Pursuant to its sales : after has Additional Bartli & Co.—3,500 New of continued for Wireless corporation limited all franchise Voicecaster and others.1-. coi-poration, expenses the a corporation developments by event as initial1 research The Laws Communications, a sole distribution of commercial the Co., The products, engineering although it still, proceeds in the the on Lee equipment instituted the manufactured to under Co. stock • Barret, Fitch, B. V organized Trust common ■ Inc. Offered—-' Stock in $28,700 date the company and from the selling stockholders numbers of shares; of - the common stock: White, —V. was successor Protective with \ . was^ engaged dealer PROCEEDS—In , Manufacturing Bank products, the 7';. . inter-communication franchise ment / 1958, Transelectric such from Bache - loss net a of to . the> in , . J. Lee value par Shares V;..: income made . Sept. UNDERWRITERS-r-The;.underwriters named .below, through ;their representative,, White; Weltf & Co. Inc.,-severally- agrcvd ;to purchase total V*-v A. -J* /; , cents National Bank of Kansas City, - 75,000 '>50,000 *.'J. *' ;1- v 10 Potoma Weill & 37$,000. the ' 125,000 Inc.- $506,200 sustained company a net been of and ■ ended year stock. .APPOINTMENT—The > ,•*. Co._—-__7_ income have ;,/ ; fiscal with dividends Inc., Financing Details — Our offering and sale on March 9 100,996 shares of this firm's -$2 par common stock at $19.50 per share., Additional financing details follow: .• . & The year. compared No include Brothers/ Morris, / ; the with Lehman March 13 issue reported the Co.125,000 Slocum Brush, for specialinstalla¬ Customers Philip "•; j compared 1960 1958. processing lease First of each Debentures . outstand¬ data a Corp., York, r/;7" previous t-iMarjiey.^v.lbp:' \ Hkllgarten & Co.^_——i 125,000 Union Co.500,000 Rhoades v" ,'■ New other, income $463,500 the Securities of p. 106.-. from for Co. and period. operates September, Bessemer Clark. fiscal in ' i Burnham;.&. Co.__l shares share. per retire ■ T' ' %' ••--. » stock common;, . in in 1959 made Trust & also company APPOINTMENT—Schroeder have common ' period like for severally of $2,500,000 of deben-7 of 52 > T'owbin _______ out¬ .'.CVL ' $5 to used CAPITALIZATION—Giving effect to the offering, outstanding capi¬ talization of the company will consist of $173,272 in debt and 291,000 shares of common stock, 10 cents par value. 7J: :W'' \ below be and developed for sale and systems, trademarked WROC.- were Co., totaled common shares 1,025,000 Stevens $22,000 the income financing, of WROC Express 1960, Jike : months net designed processing EARNINGS—Sales the named company . debentures: has Guaranty Scudder, . reported debt.. N,' Y. underwriters the current will Management Assistance is engaged in operation of electronic data processing The the American components. three sale 1957, and procedures. tions Company's Common Trust Company of .New York, 120 and the Registrar is Schroder Trust York New will sundry Transfer and of in installation and data of completion $4,560,126 design, center initial electronic company the at premium. $30,000. An additional $60,000 will be used for sales and activities of newly developed data processing systems, will be added to the general funds of the of systems accrued Y. the $565,654. aggregate of 130,000 shareholders in the. ratio & N. from priced a approximately $150,000 the will extensive an Offered company. rang¬ an debt promotional receivables. fund common ing for stock common sold quickly at PROCEEDS—Proceeds will debentures Inc. This offering purposes, premiums The at Assistance and facilities Stock —Federman, Stonehill & Co. made an initial public offering on March 13 of 60,000 shares of Management ■ of ' after from Mallinckrodt repay proceeds interest. June York Lomasney & activities history. 193, purpose assemble an Commencing Corp.—Record Net— 1960 Investment of The >V;.v the design corporate inventories Long Broadway, Loeb, - the Kromex Corporation of Cleveland has reported highest in the company's 27-year Central revenue stricted are by partially the epded Marine Dillon, Speaker, Kromex railway operating railway ing - purchase from of M. York period ^ Herbert Majestic Specialties, Inc.—Files Stock Plan— certain used and of general Jamaica; and BUSINESS—The *274 Net of shares the as equipment into __—a—_-i.$625,000 & D. aao for the Inc., expenses Of¬ 7/v Unterberg, sound stores by Vice-President, revenue filed redeemable and equipment, year New 57 to Eastman 3,500 a decrease of $2,488,096 from sales corresponding outstanding amounts 1120. p. operating 8,000 a March 8 offering circular, H. B. Crandall Co., 82 Beaver St., New York City, publicly offered 150,000 shares of this firm's 10 par common stock at four-week 193, —V. Pursuant to Sales equal 1961 operating 8,000 the for are convertible design, 1960, The and Co. Co. Kroger Co.—Sales Off— * - ■■ 6.000 & from revenue railway Net ' Inc.— balance The plus accrued through the sinking parts stock selling & Alstyne, Noel 1119. Co. debentures Debentures 3,000 McDowell 3,500 as $18,430,898 $18,655,272 15,168,234 15,349,062 Railway /"■)■ Blosser & McDowell for purchase debentures to 18 000 Blosser the share. fiscal common tures Emanuel Co & of used 8,000 company 101%, $18,128,306 and net agreed Shares Kormendi & sold plant. new UNDERWRITERS—The stock & under Fund company. Nashville & Railway each Co outstanding loans; to working capital purposes; for also are Oct. 31, $206,398. Carl Shields Co 193, of proposed per Securities 21,000 Co.___ & sale products; located Broadway, company. 15,000 Dempsey-Tegeler Francis & of name presently engineer, Company, this agreed Shares E'manuel, the standing capitalization of Addi¬ common member a & from the by being CAPITALIZATION-r-^Upon the of share. per proceeds are incurred They of $1,000 company the number of respective names below. their the received and from ended financing details follow: par of be repay $20 the was Additional Fi¬ — issue the has company in Executive Month of January— condi¬ y'■'77 7-7 Bache Loewi APPOINTMENTS—The Stores, Inc. Our — the program;'Lafayette's 'principal.executive ofices and plant facili¬ Stock nancing Details public offering opposite Straus, redeemable are sales 2509. p. to Shares 26,500 working capital and used the financing of increased also In subsidiary of Kentucky Central, a below 8,000 electronic of store have of as subject sale be the is equip¬ ment in kit and wired form. Tne company has developed, four distribution channels—mail order, industrial distribution, its own retail sales outlets, and a recently. jprganiSied franchisee! associated- $2,000,000. company stock common and 8,000 105y2% of line ■ The be price Central stock is to be exchanged in units of 10 shares, one voting and nine non-voting, Mr. Kincaid said. 7" The Home Owners' company reported assets of - almost $2,500,000 as of the close of 1960, with operations in Florida, Illinois and Louisiana. It writes principally life insurance and some accident and health coverage, and last year had premium income of approxi¬ mately Net the Maine of to from also exchange. The Kentucky Net 1961. of Wis. terms Co. REDEMPTION—The insurance and the will from" in¬ was 15, i new including ing unanimously was last week companv for V-7 & will company's added They authorities. SEC, to life of and expenses renewal the from a" sale, proceeds net display or model $770,000 for investment, revenue March a is securities. Railway operating 102Vz%, plus accrued interest, and 130,000 common stock, priced at $18 per share of this loans develop be declined He The Month of January— at to interest. other order an National loan The on toward .the to Corp.) in the principally proceeds the Leeus, Insurance agreement First V-loan a due was Simmons— proceeds bank year." time." $190,000,000 Owners' the Florida regulatory 60 in goal current agent forth BUSINESS—Lafayette is had approximately pec. 31, 1960. directors approved the the :___ outstanding company $400,000,000— underway with several are our immediate our the approximately the to Supply (primarily owned L. investment an other or ' Fund, Inc.—Exempted— Railway operating stockholders. ex¬ firms. Kincaid days over to Central of as accepted by be us force of by negotiations put the in distance company that "could identify insurance capital, stock, Joseph Life be sold company and underwriter, indebtedness, common issued Louisville 501,900 shs. amended. and Milwaukee, set Co stock already Co., receive that underwriters. Vice-President. a has to stock FINANCING Outstanding under negotiations ' - PROCEEDS—None common The offer is contingent on 80% of the Florida com¬ being tendered. In making the announcement, Mr. Kincaid said the proposed ac¬ quisition, along with two others now in progress, will boost Kentucky total declaring — 1976 of President, SEC three homes. certain Life Insurance The for the principal working to Leeds, the Siding expenditures for of „ sale and corporation. on voluntary would used C. E. Unterberg, Towbin Company is offering $2,500,000 of 5%% convertible subordinated debentures stock. "within Ellis fered Co.— Insurance a and 1961 into indebted Lafayette Radio Electronics Corp. a call PRESENT $300,000 transfer shares \ & broad¬ pany's stock Central's of Milwaukee Net prooopsal be underwriting agreement, the underwriters severally agreed to purchase, and the company to them severally, at a price of $4.05 per share, Podesta Lauderdale. of Irving the list a $2.25 per share. at with together to shell on shares Smullian, Majestic Bleached announced was will which subsidiaries engaged of "shell" homes. for. capital $850,000 addition 500,000 from company's general company shares public for debentures the filed covering 1976, due and the underwriting terms ' registration statement includes The financing $150,000 mortgages In the sell to Blunt D. offices said agreed Cruttenden, Insurance of 100,000 in ;:"V Shares 1493. p. the the proceeds ' TO was of 3, Jan. Bank, in have number The report were they units, sale the offered of heads Co. 9, debentures be to units Aluminum owning company 1961, fund amount shares common and manu¬ rotary & the of amendment. construction growth. American Kincaid, President. five-year old Home Owners' the Kincaid Mr. below price (formerly company holding * renewed as on dressings, sales trade the and 600,000 shs. company entered Ilsley shares of force Garvice has home which in & underwriter. earnings the up, the by to added EFFECT amount 1953, has contained the over Acquire— 12 21, in $500,000 $5,102,000, 1959 surgical in prin¬ —V. named Kentucky Central Life & Accident Insurance Co. has tendered an offer to buy controlling interest in a Florida insurer with $120 million March to the UNDERWRITERS—Under the increase the Pack factors Co.,^ a former Kendall customer.—V. 192, Kentucky last earnings closely products of Sept. company tions share. sterile bandages acquisition and per health non-adherent Appleton Marshall eliminate Higgins an additional principal Bradford C. by the will balance APPOINTMENT—The position report The North East J. offering supplied stock, common $10 principal underwriter in March 1961 loan. necessitated will financial represented compared $2.47 or adhesive sales by advance an The 232 of of Tenn., March on , 1960, 27, has in $111,617,000 $110,733,000, Kendall's Telfa Curad Goods of of common $5,154,000, Sales ened sales 1923. at of the company is the design electronic equipment, including and shares. be homes), of creased said. company's 19, located in and generators option. Knoxville, Avenue, SEC sinking subordinated 6% shares public to are follows: of dated dollars investments, these partnership a of consisting common The and Dec. Bank non-woven facilities Chicago The Jan. on are stock ($1 par) payable—bank—V-loan *At elastic million especially plant new in nine as electric Outstanding *350,000 shs. underwriter's the for reserved Homes, Inc.—Files Financing Plan— 300,000 units 100,000 manufacturing Authorized The and and in , 2327. p. $1,000,000 Wis. .' business electrical CAPITALIZATION Kendall fabrics, 192, ceased Higgins March on shares . FINANCING 1,000,000 _______— 35,000 Leeds an V,, .'7'r working expenditure Richard non-woven eight of plant. underlying and capacity, expressway Black & strong between construction of Bauer provides and —V. supplies, electronic control devices and components, military and missile programs and for commercial sale to Appleton national tapes. program and the report dressings, expansion Kendall's annual largest President Includes to power Notes the 1961, pressure-sensitive capital said. increase Offered—Pursuant established Co., of PRESENT TO Authorized stock- • 58,000 EFFECT GIVING • so.uoor no now Approximately $25,000 will be spent for additional testing equipment, approximately $55,000 for new product development and commercial marketing programs, and approximately $55,000 for additional production facilities in the company's Burbank, Flora and California, started was All-Stars new undertake during the surgical and includes will company its manufactures stockings total profit 50,000" .%• _•___ created are funds. 1961. and circular, Root Appleton, principal the the Co.—Annual Report— in program the the Stock Common or This There 1711. p. incorporated in Wisconsin offices of the company PROCEEDS—-The the ; Kellogg and for & purpose Street, static be to spanning offering industry. and, Boston As 1960. attributes executive facture Ameri¬ the was Island shareholders, South 3 BUSINESS—Kurz 1898 year- the $1.25 •: Africa in Pack 1960. Kendall by in CAPITALIZATION . Common Root Co.—Common & motors, according to Mr. Roll, Kellogg's expects to continue the expansion of their product line, in this and other countries, as soon as opportunity warrants.—V. 192, p. 499. The . $760,000 in bonds in 1960. charge ; , stock. Kromex March a during $1,303,197 dividend, that to in of facilities completed Kellogg's told ■. following 5,000 —_ capital— Working it 1960, underwriting group Co., Milwaukee 17, Wis., pub¬ licly offered 66,500 shares of this firm's $1 par common stock at $4.50 per share. > preferred stock increase operating its first Columbia, the additional on of outstanding preferred •. Work to 1959. an up Roll, started globe.'-'; ' The 31, . . the $57,000 Advertising and promotion. : Engineering Researchu--— ' Re¬ headed by The Milwaukee British subsidiary opened branch installations Lenzberg, Switzerland, during May of 1960. Kellogg Medellin, added was stock Kurz and month in 19th and ;1 1961. years. Homes, Inc., 2501 Ailor registration statement with the The Kedogg's that Helsinki, in show deduction stock and is cents cents Lyle .. reported 25 common $256,172,714 the share This the 25 of $1.10 in 1959. Kellogg's President, The per common to of share per of common $2.12 $11,533,684. addition In extra end Dec. on New cents 10 10, two for applied loans—_. bank equipment— Leeds '■< v' \f., After of both on to sales 1959. share per to compared as net year earnings amounted over the over net Dividend 1960 /■' consolidated 1960 dividends, to last in Record crease from March the $621,000; ' was > its remaining surplus Morris, merchandising Kellogg's 1960 annual report recently released. This represents an 11% increase in net earnings over 1959 from world¬ wide operations. Kellogg Co. is the world's largest manufacturer reported ' dividend record in be will which $220,000, r.' Payment of purposes: stepped-up facilities and production economies. "In 1961," Mr. Morris said, "we expect to increase sales by a million dollars. This will be done with new products, new sales promotions and new advertising- statement shares Stock ' The 1958, " preferred no the of than.doubled in * Plan—Annual Mich., filed 1961, covering 13, 31, $1,362,000. increased shareholders more Dec. on retired and directors has sales of approximately be distributed cannister sets,.bread pantry accessories, did $4,250,000 over-the-counter in Cleveland! quarter to per non-recurring a bonds Kellogg to of nationally and sold surplus surplus ported is company cents increased conversion kitchen stock Company & Co. with manufacturer trays, 1960. nications Monday, M^rch 20, 1961 ... and powers; activities and missile office The under of the Colo. however of 7the it company specialized industry. These items sale of Pi ?! Volume Number 193 6039 Commercial and Financial'Chronicle The V(1229) 9 f < include control panels,-dial, nameplates. and trols PROCEEDS—If the corporation company be all after and scale for CAPITALIZATION faces, meter offered be general GIVING sold are underwriting will S3.50C, allocated and operational net The ♦Stock stock purchase Stock cents) 25 $7,500 for warrants stock Williams purchase and tary-Treasurer, will ercisable until S. Nov. 23, Michigan Bell have Operating 1963 at the of Telephone income - charges 193, •____ 1960. Electric on consolidated a $57,845 from properties Gas first nine Co., months basis $878,048 and being in aggregated $820,203, Income 1959. preferred our by stock, and gas electric unseasonally estimates," Mr. the exceeded not in reach $3,593,765 2,960,122 said.—V. 192, to Microdot with to the be SEC offered —V. 193, Calif., Pasadena, of investment an ments over plans 1058. p. will Trust Colo.—Files With Securities and Exchange Commission— The Industries, Inc., Denver, tion March on 1, filed 1961 John salaries, rent, be to are working statement with subordinated the SEC March on filed Arcadia, Calif., of 131 North Fifth Ave, company, underwriter covering 1961 15, is with amount The Co. will $240,000 man's be to to holders E. D. H full in primarily cameras field com¬ of work. sale for for short unsecured President* Frank and Net f bank term Net railway —V. Goble, G. • • notes from 193, ' ;■ • . • . V 1961 T .. of the which to are outstanding, and operating operating Melvin President and Net after .J- 203,888 Chemical Trust of Co. York 2,324,834 3,861,996 27,338 York New the for agent Trust Co. 3,492,758 of been the 15,000 stock common Corporation.—V. shares 555,000 193, of Corp. Consolidated ended net Dec. to appointed Net sales 31, John and 1960, earnings compare Bannister, G. ■ Corporation for in NAFI of with those President: sales value stock and Milo Electronics Net before been purchase the of- warrants Income Net 1058. p. Mohasco Industries had achieved taxes, of shares The $3,229,539 volume oi< 86 cents year share on the 3,392,400 common allowing for preferred dividends. a moderate decline of approxi¬ of $101,156,402. The earnings, —V. and a net as total laraely 1960 of taxes, the such first rise substantial a payment of for the the provision find income result the as since provision in prices wool of $! i, ' manufacturing benefit should business and improvement in business in the remaining months of develops, 1961, he concluded, should be a good year for pected the ancl industry.—V. carpet 188, April of Electronics k: share. waste 1960; of the of years $1.42 as the Chris10, 1960; Television, Inc., March Inc., September 1, : 1960. Gravier Orleans, New Street, La., filed at sale $5 The warrants: 10 share. consisting units in per The wholesale Arrow distribution dling most sales for of of $100 one will units was of The each. lc at holders the to company material the leading American fiscal year ended Feb. CAPITALIZATION—Capitalization consists of 600,000 common shares $1 $2.35 with value, par share as per 800 company, registration shares of North with statement common company's Co.—Files Chemical Monsanto This total book value of approximately of Feb. 28, 1961.—V. 192, p. 1817. stock, to the be for left SEC 193, to p. 528,066 or employees class organized after at filed a 193,000 to the Utilities Montana-Dakota B in common October 1959 to extracting the sugar 68,580 R. shares in made revenues revenues. • - Co.—Annual Report— -* *•* Gas ter this ' ■' - J ' revenues increased/slightly more■ and was being deferred now reporting delivery was bottling such- sales on reported as until the whiskey . Corp. is the second largest distiller major manufacturer of polyethylene res¬ a plastics, fertilizers and metals.—V. 193, t • i. from sugar a cane. bagasse baling and handling balance com¬ for Bank Commerce of of of the new $10 by par on goods divisions water 15 or automotive of many the The and the lowest decline markets point commercial in felt was, served number a particularly vehicle markets showed since satisfactory sales by National. very and profits acquisition share a paid were during the year, the addition Hill of Hubbell from plastic Co. was to the same during the year. The Republic Steel Corp. for coating to steel First pipe, deliveries for subsidiary its be received method principally use will pipe coatings significant advances the of one protective this made of in the applying fields gas 'it spring. cents & Television, Inc. reports a net loss of $114,574, share, for the 13 weeks ended Dec. 27, 1960 on total $9,960,000. share a This with compares net income revenues of $11,533,000 in statement to shareholders, on i I Television, Inc.—Shows Loss— Theatres a P of like the !'• V •- $401,159, of period 1959. his In B. first Gerald quarter Cantor noted that theatre operations company had President improved sub¬ stantially, and were profitable during January and February. In accounting for the decrease in earnings in the period, he said the 1959 quarter included earnings totaling $269,000 from radio and tele¬ vision broadcasting interests since disposed of by the company. He facilities; added that these interests were sold for a $3,000,000 profit. The first quarter of 1959 also reflected unusually large profits, totaling $865,000, as a result of the disposition of theatres and real estate. Gains from similar p. dispositions in the most recent quarter Nautilus for agent Petroleum Carriers has Trust><»Co. $8,97^,000 been principal trustee, amount registrar Nautilus Insured 1978.—V. 193, Month of January— p. Federal Other income paying Bonds, 1121. Co.—Earnings— 1960 $34,415,286 $32,106,826 21,734,151 20,329,558 ;—.— Operating expenses / 193, Carriers Marine 1961 Operating revenues and Petroleum Merchant New England Telephone & Telegraph stock of the National Bank of investment $107,000.—V. Corp.—Appointments— appointed Corp. United States Government 5% SS Sister Katingo, due Dec. 22, San Antonio—Secon¬ were 49. Irving 362,443 shares. Inc., was offering, among reached quarter. also lines. of revenues for the plant Funk, Hobbs, and Hart, the first day of the Sales Up, — Division. National equal to 4 cents It has of San Antonio by a group headed the by by National fibrous for management officials as a group Steel Castings Co. : taxes 4,400,796 operating taxes 4,063,581 2,736,469 . 2,670,410 $5,543,870 4,358,094 $5,043,277 February 27, 1961. Reports indicate that representation of sizable the state of Texas. Net the shares were well distributed among a purchasers in San Antonio and throughout •"* ' • Net , to secondary offering was share on the old stock,, which formerly paid $1.60 per share. UNDERWRITERS—Other 193, p. ! 4,038,536 913. - ■ New the of $2 per operating income charges after —V. the largest local bank stock distribu^ public ever made in San Antonio. The National Bank of Commerce of San Antonio recently split its stock two to one, changing the par value from $20 to $10 per share, at > the same time raising the dividend rate to $1 per share on the new stock or the equivalent This tion • than 1%,-"from $L7.in 1959 to $17,640,466 in 1960. A relatively mild fourth quar¬ year nearly wiped out gross gains of more than 4% realized utility 385,221 - for the and oversubscribed its Board . ' in Chairman,j said operating revenues grossed 1960, an increase of $938,914 or 3%. over 1959. Gas up 55% and electric revenues 44% of 1960 utility M."'Heskett, $31,678,777 Co;, future for profit is National Theatres & manufacture of class B common stock, of which John R. Shattuck, 254,122 shares, Harold d'O. Baker, Treasurer, 75,264 of Commerce annual report to stockholders, stated that consolidated net income was $4,731,167 in the year ended Dec 31 1960 equal after preferred dividends of $685,000 to $2.02 a share' on the basis of 2,001,257 shares currently outstanding. Net income was $4,851,609 and earnings $2.08 per common share in 1959. Utilities owns and brokers Montana-Dakota likewise pur¬ Federal oper¬ the Liquid Fertilizer Co., which dis¬ Engineering and marketing activity on the National Speedloader System, for automatic handling of shipboard, truck and railroad cargo containers, has been accelerated. Orders to date in 1961 about equal total orders for 1959 and I960.—V. 192, p. 2520. dary Oversubscribed—A secondary distribution of 25,000 495. to west 1959. license and $163.85 issued capital third totaling $2 polyethylene and installation of machinery and equipment; $350,000 $220,000 shares National pursuant in 30 also has stock. company $6,300 for the payment of one year's base rent President, Stock Plan— Wisconsin added 1961 mixed middle v months seven debenture, offered be for the subsidiary, a the first its plant Vacherie; at shares Blvd., St. Louis, Mo., on March 13 covering offered plan.—V. option stock Lindbergh $1,450,000 January, the Kissell, President, pointed out that good volume* was maintained by both the Transportation Products ancl the Capitol Foun¬ dry divisions and both had higher profits than in 1959. Hill Hubbell made contingencies, working capital including administrative overhead, expansion of! production and for the payment of interest on the debentures until the company's earn¬ ings are sufficient for that purpose. In addition to certain indebtedness, the company has outstanding site brand names. Total consolidated 28, 1961 amounted to $2,150,000. in Chemical & agricultural, be are auxiliary machinery and equipment such as conveyors, bale-breakers, contract; subsidiaries, operating under the Electronics or Acorn Electronics, engaged in the of electronic and hi-fi sound components: han¬ the profit chemicals, Industrial Plans to the principal underwriters of 90,000 addi¬ company warrants transformers; also has five wholly-owned either of names for volume. Monarch Such the States and is in Dividends $60,000 for engineering other than that furnished under the Soderhamn sales in be to in 76-year-old a year. to securities total principally plant Also of Minnesota 1960 to company's the a for the purchase engaged Co., plants six shipped. demand the as in the importation and distribution, under its own label, of electronic parts and equipment; hi-fi sound components and radios, which accounts for 60% of its is BUSINESS—Monarch seventh a year. acquired Chemical Federal's Carter preparation and for the installation of natural gas, electric and water supplies at Vacherie, La.; $937,550 to complete the payment to Soderhamn Machine Manufacturing Co. of the contract price of $1,103,000 Securities Co. of San Francisco. li in of during follows: site in Vacherie, La., for its production equip¬ ment. The $2,303,440 net proceeds from the sale of the units will be used as follows: $187,800 for factory buildings, foundations and site 200,000 common shares at $3 per was underwritten by Pacific Coast issue The The $1.06 acquired acquisitions, NAFI Telecasting, 821 shares A and by the such contracted offered successfully in by through underwriters headed by S. D. Fuller & Co. and Labouisse, Friedrichs & Co., which will receive a $17.65 commission. The underwriting agreement provides for the warrants Common — had company Federal To company reports 1960 earnings of $1,314,250, or compared with $1,962,331, or $3.15 per share in 1959. $58,687,560 compared with $58,405,886 in 1959. ..The sales, however, was offset by higher, expenses at both corporate levels and by an " uneven pattern of sales the 160,000 Weil, issuance tional firm, of North Hollywood, Calif., has Sold—This Stock Inc. i 4 been . Co., public shares A The International, the of added Distillers and during 984,555 position board, insulation board and hardboard from bagasse, Monarch had share increase plant 1,208,619 Bagasse Products Corp.—Financing Proposal class for unit per the year Mohasco i which were 1,048,619 _____ companies of of 1960% KCOP 5, 6, corporation Howard, 2184. p. results include respective, dates Inc.,-May unit per immediately be to Cleveland produced class accumulation the almost Current sales, he explained, while a high level with orders for com¬ establishments particularly good. If the ex¬ in sales. were still at expectations, mercial avoided had level, thus and and per 1,728,580 g share_______: common figures Corp., offered improvement any below retail and inventories excess from companies Net Down— amount $1,980,000 in Federal 1955. both of owned titanium aftd zirco¬ 7V registration statement with the SEC on March 14, 1961, covering $1,620,000 of 15-year 7% subordinated debentures, 486,000 shares of class A common stock and 162,000 15-year warrants to purchase a like commenting on the company's current outlook, Herbert L. Shuttleworth, 2nd, President, emphasized that the carpet industry, at both Inc., whiskey being held industrial $2.11 192, p. 1818. This early meetings 808. for In the of United 1,215,755 — outstanding their National double the regular < annual common dividend considerably below the record $10,575,491 attained in were 1959, been Prior 1,170,000 per 1960 KXYZ, approximately rate, has income. the the 1959 2,898,580 __L ____, : shares from Craft per after 1959 The its operations taxes profit in 1960 profit, after $96,460,678 represents the from that announced of outstanding volume sales 4.5% while has that assets January of this sales This follows, 1959 $58,409,153 $23,354,720 ._ income Earnings Inc.—Net, Sales Down— Inc., sales a presently 1960 mately in Industries, and the 32 stations Sales taxes Common Mohasco in are bottled p. 193, Results— ' Subs.)—1960 (& i960' par annual National Malleable & NAFI according has $1 common south ins, dividend appointed corporation.—V. deferred at manufacturer. current is t has com¬ Coppedge, Jr., president, is primarily attributable performance of our, three leading bourbons Old Taylor and Old Crow. We feel that 1960 was for our liquor division, particularly considering noted was changed. in stock common deprecia¬ 1960, tribute anhydrous ammonia throughout Minnesota for direct application to the soil. The assets of this company were acquired in October, 1960. The report noted that 1959 figures are restated to make them com¬ parable with I960 figures. In January, I960, the policy of $4,075,289 . in 107. p. $89,808 30,616 New 2,668,933 . Bank disbursing 223,110 . and Murphy Corp.—Appointment— year for agent also chased 3,510,138 $4,440,382 705. p. flow," These business ation - transfer 1959. National $76,200 . charges 193, "cash $37,757,000 year stockholders It 14,816,330 : ____. to showing con¬ sistent losses, operated at a modest profit during the eight months of 1960 after National's ownership was increased from 33% to 60%. This improvement should continue, according to the report. A. 3,892,880 income so-called - Metals, all 16,241,981 taxes of amounted about the middle of June. The report stated that the company's 60% nium subsidiary, Reactive 1961 1960 $27,244,176 $24,726,591 • terms 1959. held Mortgage Management. D. Terry Kimfund's President and Vice-President of taxes 1959. and development in $2,200,000 over the $6,300,expenditures went largely to basic and applied re¬ search in the chemical division with special emphasis on polyethylene. Regarding the proposed merger of Bridgeport Brass Co. into National Distillers, the Report stated that the boards of both companies have approved the merger in principle and that the proposal will be submitted Service¬ under Corp. fund the end of noted 000 in . I960 $312,918 $280,088 operations income Midland Marine the in at $22,950,000 compared was 1960. bulk Milo Electronics Corp.—Appointment— The of in income 1960 year. year the expenses income Net 705. p. Management that plus net in taxes previous The report noted that expenditures for research 1960 amounted to $8,500,000, an increase of at The the fund's property stock January— Other and * of Operating Federal Southern Ry.—Earnings— ——_—.— railway operating capital of Mortgage as sale bonds. Operating revenues amounting Vice-President y" - ' revenue operating expenses revenue public of .8%%. guaranteed or grade Vice-President as listed Act high of issued they stated "polyethylene sales during the final months of showed substantial improvement and 1961 should see a better supply and demand relationship." Management. Month —V. ' . Month of January— Railway listed by in shares 20,200 residential on Housing profit report However, September 1960, the company investment company which will invest and improved operating annual unsettled tne in mortgages Act stockholder is law the economic conditions throughout most of the year." that chemical profits suffered "from an increasing profit margins." This was particularly true of polyethylene, the company's most significant chemical product, for which the do¬ mestic price declined more than 20% between December. 1959 and Mountain States Telephone & Telegraph Co.—Earns.— in use capital. According to the prospectus, the company now 250.000 shares of stock held in equal amounts by operating in owned is Jr., Mortgage Manager. v is principal brough, in full loans in the amount of $112,702 from the outstanding capital stock; and the balance will be added Milliken, Railway which a and is also engaged in precision Net proceeds of this financing will Minneapolis, Northfield & P/ share per for charge corporation while squeeze on adviser. open-end Federal has company DeLashmit warrant to a The 75,000 shares 30c a of & repay . V' with share per receive $4 per share. at Ryons outstanding General i will debenture Lester, sales & South¬ continued fine sales fertilizer subassembly to working has $3 at picture motion pay $177,000; two sale instrumentation - and used to $500 each underwriter, the the Readjustment The is engaged in the design, development and manufacture speed machine to offered be to maximum a Tennessee primarily under underwriter. company photo of for the to high the commission assets insured fund shares of capital stock 6C offered be The of 7V2 % a purchaser purchase mission sinking plus investment under non-diversified a its regis¬ debentures due 1971 (with stock purchase warrants attached), and 75,000 shares of capital stock. The debentures are to be offered for public sale at 100% of principal 6'/ of stock, common value and Organized a of asset noted Grand-Dad, They used shares net income the $39,810,000 outstanding the portfolio by the making of small periodic pay¬ of time. The net proceeds from the sale of the by the custodian, the First National Bank of purchase at net asset value common stock of Mortgage to Austin First 10. E. the an accumulation offering will be made through Mortgage Management Corp., (D. B.) Milliken Co.—Files Financing Proposal— This tration to corporation, of 1212 Exchange Building, Memphis, Tenn., filed registration statement with the SEC on March 10, 1961, covering 400,000 to capital, said: This a purchase equipment, for inventory, and research and development. used systematic this to Bierwirth, chairman, and Roy F. "The improvement in liquor earnings —Old Corp. their proceeds the according 10,385,730 shares outstanding on Federal report with July, a Colo. The for share for provided pared Mortgage Trust Corp.—Registers Common— letter of notification with the SEC covering 300.000 shares of common stock (par 10 cents) to be' offered, at $1 per share, through Amos C. Sudler & Co., Denver, corporation arrangement H. Chemical Corp.—Annual Report. declined, March $27,286,000 in The Investment Plan period a be Memphis, Microtron convenient a the previously Provision corporation, of 1212 Exchange Bldg;, Memphis, Tenn., filed registration statement with the SEC on March 10, 1961, covering investor a E. and record per common of Mortgage Trust Systematic Investment Plans to acquire of Mortgage Trust Corp. (see latter's filing, below). According to the prospectus, the Investment Plan will offer the filed Inc., $108,603,000 in As a shares registration statement on March 13 covering 43,619 shares of capital stock, pursuant to the company's restricted stock option plan. South Inc., Co. 1960 compared with $118,511,000 in 1959. reported, sales for the company as a whole reached high of $580,172,000 in 1960 compared with $578,299,000 in 1959. Net income totaled $21,415,000 against $26,347,000 in 1959. After preferred dividends, net income equalled $1.92 per share on the 10,167,304 shares outstanding at the end of 1960 compared with $2.36 the This Plan— Stock & Antonio liquor division operating profit amounted to $39,514,000 in 1960 $37,945,000 in 1959. Operating profit of the chemical division $10,516,000 compared with the previous year's $20,601,000. The liquor division reported sales last year of $427,655,000, com¬ pared to $429,090,000 in 1959. Sales for the chemical division amounted $2,000,000 Microdot Inc.—Files Pierce The mid¬ in division shareholders with Mortgage Management Corp.-Files Rauscher, was 1818. p. Co., Corp., all of San Dallas.—V. 193, p. 1121. versus last the our improvement general expectations. our slowed were did and "the said, & National of chemical to stated. gains revenue weather warm Hesket report Co. Operating profit of the liquor division of substantially in 1960 compared with 1959, properties of its wholly-owned decreased from $980,340 in 1959 to the Texas National Distillers & the to oil 1960. in Dittmar were Co., west Nearly year.' the of by uniform classes. 2,104,897 , .. oil in the increased revenues increase revenues income recorded in this, one of our service area's largest crop years, lent strong impetus to all types of business activity in the final quarter of the year. Oil development, too, continued at a high level, thus further establishing this relatively new industry as an increasingly important factor in the area's economy," Mr. Heskett a 808. p. in "Though year 16,421,955 3,041,267 $3,841,151 3,099,983 of Fidelity economy "Cash farm 17,454,083 income income its area's 2,122,721 operating net from quarter ex¬ 202. 3,139,563 Net —V. are 193, p. 1960 $26,557,518 $25,161,884 taxes after and Co.—Earnings— ' operating of realized was decrease a $5,000,000 to Messrs, Keith Director, and Secre¬ taxes Other Net 1 (: 1961 expenses Federal months Montana-Dakota's 1961 construction budget, estimated at $12,800,000, is expected to be financed in part through internally-generated funds and short-term bank loans, as well as proceeds from the sale of ;:%%% 27,500 company 1960, $882,775 75,000 shs. price of $1 per share.—V. a revenues Operating nine gain subsidiary, issued been President, Knutson, the company Outstanding "■ Month of January— i first or 5%, to $13,853,051 in 1960, the residential, commercial and industrial Nonutility FINANCING 27,500 respectively, of in common warrants Donald Director, Ail and proceeds net 198,000 shs. ■ ____________________________ ♦These M. (par value the among to purposes. PRESENT' TO proceeds of expenses $39,000. corporate EFFECT the Authorized Common in con¬ $698,266 shares deducting of expenses used the dealers' who assisted in the distribution sion phone Telephone Co.—1960 Revenues—Expan¬ Program— During struction , Jersey I960 the program facilities carried out a record $105,000,00 resulted in a marked improvement in service, E. H. Wasson, President,. stated. company which and con¬ tele- During the year 11 manual central offices serving 85,000 telephones r>' 10 converted were to dial, dial. v Besides direct bringing At the the A duced 1960 in the who there to / have numbering service by the creased call for ties - the Calling, in about numbers. 25 New during plant the Present Jersey earnings below still 170, See earnings for those ISailway operating Railway operating Net railway —V. the common 192, United Tills first of I960 showed a slight improvement, non-regulated industry, the report Nuclear Chemical Northeastern & Of of 1961 the 193, railway operations Utilities, operating, income 55,633 Central Railway operating Railway operating in RR.—Earnings— expenses told bonds G due prcbably ti.e lrom maturing incurred April on and 1962 47,998,602 Net * revenue from railway operations railway operating income Deficit.—V. 193, $952,422 the in "Our 2,609,706 * Net from revenue railway 125,436 railway operations operating ♦Deficit.—V. I960 $330,276 expenses 193, and 185,654 1963).—V. Railway expenses Net from revenue railway 1960 10,308,785 New 193, $1,160,060 deficit-. 3,597,601 1,380,406 . Railway operating revenue— Railway operating expenses— 1961 % i-i.. from revenue railway $329,565 $36,306 $34,212' 41,826 193, V-'"'""".-*'1'..-}"' "'''-V; -./V 706. p. American amounted to nounced during fiscal Mr. of have been North predicted 1960. over tendant even American The present latter 1957. $50,000 new in 1959 in At and 1961 of Capital Sept. the of American loss of excess earned company North operating in in The $160,000 corporation financing the sale The District of is 1960. A cash diversified a of mobile homes has company in $52,000 than more Columbia, and dividend in finance and real 3,500 policy 1958, company, estate home shareholders Canada.—V. 192, in states, The to corporation the be SEC offered Levittown, The March on covering $4 at N. 10, 75,000 per 1961 shares share, filed of through I. of stock R. E. 1 (par to are be used for general Month of Operating Other the I960. the cent) 13,788,278 3,422,045 1,876,772 $4,017,514 $3,621,882 operating income charges —V. 193, Nuclear Corp., below.—V. 186, p. 3,270,782 of strength Federal Other operating Net operating Net after —V. 193, Oil its The The has Trust Co., 20 per be has up to. the than debenture has agreed close a St., New after, York the April on 5. N, common close 14, of entered to of the into to purchase business as the at 1961, The all be' made any In business on of time March purchaser) debentures on holder March would date, price transfer 30, tendered 1961. receive collect of taxes if the to This he April with under it not which at for in an" the 1, 1961 ; the : to 9% shareholders.. 1959. over 7 of 1961 sale of maintain cash this excellent. been Further it was six-pack based way in _ flow $3,994,493. was cash net flow $715,739;. capital stock consisted for of the reduce dollar per share, $2,309,262; $926,167; and increase working $378,731, including the increase in the reduction Bank of $380,334 loan.—V. in 192, current 212. p. Panhandle the annual report was and acquired Royal preferred net peak income dividends, of stock Gas the an , was from the Co.which entire pro¬ able not was to the recoup full amount he explained. year, that during 1960 the Federal Power Commis¬ expansion in the capacity of Trunkline Gas Co. for markets—St. Louis, Missouri, and northwest Indiana. will cost for was all made 1960 the pending since Jan. 1960 was earnings was that through the new from- $2,000,000 to The 1962. r ■ ■ In 9 through • acquisition should S3.000.000 to contribute Pabific while He a was organized in June, 1960, and Dec. of , Products owned approximately either gas, a new billion or trillion 14 owned or and controlled the The the year high cubic are about by cubic controlled trillion 5 for feet the of companyOf these feet. by the company are tions, it to $11,685,000 in fact M. per The Katz, In & and of that of by and paper our the and incaiTcu President, year lor sales Net for 95 cents gain a at the in coses share per amounted in to. 1,141 337 end of soaiain-1' stated: and 1959. up last of quarter I960 our ribben Mass., s of iinancial Assets year. Currenc recently cents lo revenue from its plants in 500,000 position to rose assets announced l-'Vi cents an showed per share.—V. 193, tape was from over feet adhesives of space. substantial $10,000,000 3.6 increase first happy are Pittsburgh,' Jeannette! square nearly were looks present our times in 192, its At growth and greater quarterly net than divi¬ 212. p. RR.—Earnings railway railway operating *Deficit.—V. from management pressure-sensitive occupies totaling liabilities. 11 "Papercraft profits substantially from subsidiary, LePage's, Inc. We Month of January— Railway operating revenue. Railway operating expenses t 1959 benefit producer $7,500,000. company irom in target with the LePage's assets taken company previous Pennsylvania Net to i960, outstanding should we its profit Johnson." the was current dend record a Gloucester, the worth compared the, end shares company Chairman as 1961 Pittsburgh-based yeai-end, over the $8,952,000 having of operation decorated Pa., that to was $1,076,000 as against $953,000 for shave, based on the average number 1960, at 1,000,000 reach Johnson on ending year Division 1931 announce to its purchased from Johnson & Johnson on April the benefit of only eight months of its opera¬ able to report an increase of 12.9% in net income was year compared 1960 $1.02 with while to announced .. outstanding in outstanding the Joseph able growth trend, Papercraft earnings made new highs in Shares 1960, full and income LePage's 30, upward year compared new variety shoe-shining equipment and related specialtv items in¬ electric home-type shoe shiner through leading depart¬ men's shops and shoe stores on a national basis.1 The company will operate as a wholly-owned subsidiary of Pacific" Hawaiian oi 431,155,346 for - Net shares Despite saia an reserves are sales to rose previous 1959. as in stores, be its 1960. 30.5%. the of addi¬ distributes iee, sold during productive sales controlled by company's owned reserves, including those of Anadarko to be approximately 3.5 trillion cubic feet. V. 190, p. 464! that 13 31, Sales > and cum.: system and were system company's Papercraft Corp.—New Highs— channels manufacturers Company, 38 the The . Master gas to Continuing date Hawaiian billion the purchase contracts estimated March in¬ • 445 trillion gas Trunkline. are Master - Anadarko Production 48 wells, of which Eastern-Trunkline Gas 1959, recoverable reserves, diversified P. Hughes effective operations for drilled aggregated estimated are 10.000 shares of Pacific Hawaiian outstanding shares of Royal Master. shares can be issued based upon 1961.. " full year of subsidiary, Panhandle system. The 65,000 agreement March 6* stated of of 1„ 1955. the first gas. for the of or base Anadarko year The maximum a to $22,904,712 year.r,>: which been production 7. making a substantial contribution to earnings. that plans are being made for the immediate marketing' of of new products by Royal Master through new distribution already established by Pacific Hawaiian ■ ' ment ' March on sales has East- stockholders. after with compared earnings to equal, the combined market Companv \ method, Mr.. Maguire stated that this method is concept of commodity value which Panhandle Eastern has sought for its own produced gas.. There would, appear to be no logical reason for treating pipeline produced gas differently than gas produced by independent producers, he said, adding that the company expected that the Commission should, in the near future, hand down a favorable decision on this issue in the company's rate case to forward Products to indebtedness company of by from income reported new rate ' market initial future pursuant Panhandle-1 runkline The year will be the introduction 12-ounce cans. Broad distribu¬ results in working a $25,000,000. similar has reported, excellent on of this and ' PASCO to dividends of one in in facilities history. manufacturer and distributor, of a line. of products. Pacific Hawaiian President Reuben Hughes cluding interest pur¬ the Natural Gas Act, for two to new utility U six-pack. Hawaiian acquisition Royal Ume price is slightly should hold his of be completed some time this month at a cost of Hearings are now pending before the FPC on an expansion program of 325,000 MCF per day, which will cost about $94,030,000. Commenting favorably on the FPC's adoption of a new policy fixing producers prices on the. basis of area pricing instead of High—Acquires company's the has year,; total incentive 1961 each furnished payment and then surrender the debenture for redemption as described *bove. The purchaser has agreed to convert the debentures so this Punch the acquisition Mr. 30, Lehman $1,090 if Net to depletion, by purchased gas costs additional other addition, an stock and. expenses Trunkline Maguire about that acquiring common at Y. agreement flat a Federal redemption an of authorized The Merchandising and dis'ribution the year and the advertising during flavors, fruit under of announced at will ' and share common of such resale are effective Hawaiian's Pacific debentures due Oct. 1, Pavment into of sion common stock outstanding at Dec. 31, n^t- income was $837,344, equal after share on the same number of common of refined most stated now by tional referred debenture until redemption subordinated interest. converted not '$1,000 principal amount (less by the debenture holder) all more 3 772,002 share. (hereinafter purchaser Broad may corporation Brothers accrued including, but $15 for convertible plus debentures at called 6% 105%% increase results half due pripcipaHy to increases in company's,.suppliers,,. 'including its amounted to $13,000,000 in the aggregate," Mr. Maguire told^^hUVehoiders. In 1960, the company placed into etfect new rates designed to recover these increased costs, •but, due to the regulatory lag, brought about by the suspension year Corporation, shoe-shining corporation to and 1961, 3,802,026 706. outstanding at Empire up $3,900,483 Recovery Corp.—To Redeem Debentures— The of 1974 p. the the Hawaiian Pacific 2,002,891 $3,879,898 ___________ 1960. $3,118,670, expenditures net reduction price Mr. companies or products that would enhance potential. An intensification of effort in all three areas is being carried out in the current year and accordingly, a continuation of the growth trend and another record year are anticipated, he concluded.—V. 192, p. 1915. 3,931,470 2,065,375 income charges per 7he visions v ': report increased the organization. of commencing is and 13,974,700 taxes paperboard March on company's subsidiary, Hughes said that the company is endeavoring to accelerate its growth in three ways: by continuing to effectively produce, distribute and market the existing product lines; by introducing new products i960 3,978,607 __ price a income continued or $3.33' pfcr share in 1959, the previous the and Mr. 14,794,047 taxes said operations. 1961 expenses income annual an in weve 1j60, The adjusted for a 3% smck dividend paid V'." ;... '. •. .• which 'Y further were was report the tion $24,717,927 $23,809,544 _______ resulted prices areas, - consolidated operating revenues of $139,993,552 compared with $136,911,825 for 1959, while net income last aggregated $20,981,083, the second highest in the company's history, William G. Maguire, Chairman and President of company different Also Co.—Earnings— revenues- in earnings date explained, product second date, to The company had $3.05 commencing this year, Hawaiian Golden Punch underwent a change in label and name in order to create a strong product image and more immediate-identification.; Known as Hawaiian Punch-Yellow, it, together with Hawaiian Punch-Red, will enable the comuany to derive a greater effect from its advertising dollar with subsequent greater consumer demand for both products. 216. Month of January— Operating Operating shares 1960. troduction Ohio Bell Telephone 1, while the the The Development Corp. of America—New Venture United capital prepaid * penetration will be undertaken this Spring in anticipation of a strong Summer performance, Mr. Hughes continued. 808. p. Nuclear See 3,492,240 PASCO of used cash pay for for Pacific Hawaiian launched a new product named Quick-Way Instant Drink by test-mark-*' ing it in the Southern California area The response to Quick-Way, a liquid concentrate in four 1,919,401 after and 4%, previous year dividends to $1.05 a methods 1660 3,603,431 taxes "The the Webb Mr. certain to year year this Fullerton, Calif, company, earnings in 1960, Reuben P. Hughes, Presi¬ March on outstanding 22, inherent * 14,592,084 taxes 19J0. in sales income net $17,reduc¬ a amounted Panhandle Eastern Pipe Line Co. (& Subs.)—Net Down achieved an increase in sales ir.' a year characterized by generally cool weather and an increased number of direct competitive brands, Mr. Hughes said, is a tribute not only to the broad consumer acceotance ?t' the Drodrmt line but to the $22,708,977 expenses income sales 795,896 on That Corp., $24,132,430 net with In with earnings Toval past decade." PASCO initiated Export-Import A ;' V. . the $30,084. was and purposes. 1961 : Owens-Illinois income $130,000; flow $760,667; 1960. depreciation agreements, cash to capacity, $3,118,670, the 19, that working capital resulting installments due on the ■. Angeles Los net for taxes, $1.50. earnings, over-supply of that Dec. tons compared was Per-share reduced $10,000,000 during to 15,000 said. capital year For preferred Co.—Earnings— January— operating Net Net Telephone revenues Operating Federal Bell by near'-MLnneapolisin box -plants over income $83,319,943, in vYY ; of $18,980,112, Me; reflected indicated provide N. J. constructed ;■ of addition out 1960, long company according program, $343,730. 19o9's point on be will Webb report The replacements and pointed effective Mr. option $32,145,000 the year before. to . Webb provision report consecutive eighth record During Northwestern and engi¬ the subsidiary, increased output of television pic¬ their production in an existing plant in / increased program corporate history, of Ind. share a Y. proceeds of their lowest ton income additions domestic was made ito " notification Investors In new approximately 400,000 tons the company's producing' area in S. ports. " were record. competition r.nd price attrition during to capital Levis facili¬ ended Dec. 31, I960, sale;? totalled $18,518,544 com¬ pared with sales of $17,766,807 registered in the previous year.' Net income amounted to $916,773, equal after preferred dividends to $1.15 Y.—Registers letter a common for also completed at and Valaosta, Ga. O-I an announced Dec. with future Mr. serves, both in company's "hauling U. 1960 new a previous increase 1962," introducing by the shares Northern Instrument Corp., Babylon, N. Common— company's to build new tons, tanker T-2 lrom Cqasii for to a price •■■■' re¬ foreign For 2612. p. Company, sales $81,000 specializing in improvements. 40 continuing company's compared were was East of Mr. Libbey Glass Division has almost completed work on warehouse and loading area at its Toledo plant, and Kimble bulbs dent ■ established was expenses long sulphur a service annually to sales 1959, the of year The the plant box net from $2 •••_( and the Big Island, Va., achieved the Under 1960. and in production additions continuous sulphur for reduced company's For approxi¬ was $140,000. pre-operating Pacific Hawaiian Products Co.—Record Company, Inc., with written off during this period. deficit a promotion advances the a at¬ Finance control time, costs sales in reported that as of Dec. 31, the year exceeded 1,000,000 liquid conversion Mexico unabated operations, a glass container plant in Colombia and a plastic bottle plant in Canada began production and a major expansion was completed at a glass container plant in Venezuela. Also during the year, majority interests were acquired in two European companies Gerres'heim in Germany and Durobor in Belgium—and a Swiss cor¬ poration was formed.—V, 193, p. 706. 30. non-recurring many plants in Glassboro, N. J., and San Jose, Calif. to Expansion in In earnings share. The per and in Atlanta and North Bergen, the PASCO's $1.35, as contrasted to dating from 1955, amount $4.10, of major pius for 900,000 'totaling $16,108,972. Commenting on PASCO's and modernize others. 1960, in exceeded to plastic and forest products—and extended its foreign for and Muncie, months .027 or certain were gained was the management, that Bancplan that there three $29,402 on start-up expenditures progress -'corrugated Paul ture earnings would show a "modest" that first quarter earnings would out Corp. management of part mately ends except Acceptance of year pointed merger with compares last that Re higher the to This 2. corporation with highest $22,369,000 in new a -"■■■ for this corporation, headquartered in Atlanta, or .0342 per share, Sol Blaine, President, an¬ period this Blaine increase the similar 869,140 ern, The $37,674 March on the year those spent $13,166,000 for research, development, the in liquid tion of the was PASCO's were shipping, ^ remain expanded factories." 1960, made mills Acceptance Corp.—Net Up—Forecast First quarter earnings Ga., did themselves as optimistic regarding the continuing growth of the markets it plants Glass North suffered—as higher-than-usual were together and shipping Southern of increasing costs and static or Chairman, and Carl R. Megowen, to stockholders. "Other factors adversely the in new St. ' *Deficit.—V. to 706. share and Webb, President, Sulphur production Highlights Owens-Ulinois's net profit on sale* of $552,- common Sulphur Co.—Sales Up, Net Down— production C. and report, March 6. on in records. Board message earnings completed a 44,227 deficit- tons , ' *;:• 295,353 railway operations- operating p. American records -PASCO's effects Megowen said Owens-Illinois is Miami. Net Net to operations during the year. Construction work began on new glass container facilities in New Orleans, La.; Brockport, N. Y., and Durham, N. C., and warehouses were 280,857 ' -.s- 193, 12,544,091 7C6. p. Harry to construc¬ blown plastic bottles were put in operation in Los Angeles, Chicago, Cincinnati and Kansas City and construction of another is underway in Jersey City,;. N. J. Additions 1960 —,—$317,162 — a earnings ar.d expand existing ones, were jYork, Susquehanna & Western RR.—Earnings— j. in costs as Mr. New Month of January— used $15,330,073 company's liquid sulphur program, were revealed annual report to stockholders. ■'• % ' 808. p. be $2,000,000 —_ 10,049,420 $14 934,228 11,906,285 income "World-wide Levis, P. J. production—glass, 10,253,757 *$1,028,885 —- operations— will about 10,631,403 the fields of electronic glasses, plastic con¬ tainer forming, closures, and general manufacturing were reported. A new shipping box material of kraft paper combined with expanded plastic is being market tested, the report stated. Owens-Illinois added operational facilities in all its fields of domestic $9,279,900 $11,413,817 railway operating ♦Deficit.—V. well and totaled * Net said 1960 showed. Hartford RR.—Earnings- revenue public company's released per 1960 11,558,000 taxes charges 193, New of sale $40,831,354 Earnings adverse the prices," new neering 35,246 1961 margins profit Research & after registration a 1959. Owens-Illinois $144,622 *87,570 New York, New Haven Railway operating year. $5.20 in mold ties, 706. Month of January— operating v $28,225 income p. previous Expressing as 1961 $153,661 revenue the President, New York Connecting RR.—Earnings— Net operating S12,UU0,000 for $6,442,000 the with 1915. p. 1961 taxes income operating 20. 1961 compared present 192, 52,238,342 11,984,000 —V. Bond Co.—Annual Report— with affecting new Month of January—*• Railway operating Railway operating $33,187,105, was declining 604. p. filed oneiea with company's annual report businesses—from $10,388,459 *6,721,960 - 1960 lating to . Proposes Y„ 1, $14,000,000 in their $89,571,835 Net covering be sale, bond May N. connection in January— Other Venture— — 1961, to in 58,523,600 Pan li, 1931. remain will Burbank, Calif.—V. at $95,647,231 for in compared $58,387,061 43,532,770 — Master located expenses company 676,933 1960 $44,485,192 revenue Royal revenues Increasing co^is combined with static or declining prices were lead¬ ing factors in a decline in the company's earnings in 1960, stockholders 7,003 1961 of Operating the of were Month of January— Net Moil.h of over-the- 1058. Inc. Nyack, March on serk'.i Owens-Illinois Glass $39,394 . sales Pacific Telephone & Telegraph Co.—Earnings— The balance wiil be applied to construction expenditures and its subsidiaries which are expocted to approximate the period 1961 through 1963 ($8,100,000 in 1961, program. the 763,607 $144,922 of Royal Master is Operating p. Despite all-time high sales of $561,042,319, ■ the maintaining or Corp.—New Broadway, SEC proceeds B loans $7,900,000 in $803,001 782,375 | the bonds, bidding, net series bank North 10 wiih $30,000,000 1960 $927,297 expenses of firm mortgage retire RR.—Earnings— revenue from York Vice-President positions. 1401. p. below.—V. Corp., Rockland & competitive they said. 193, p. 604. New in scock stab.liz.ng of purpose stock.— V. Mathieson statement pay Orleans revenue the pay Net on were Month of January— Net for common Orange tion New to plans communi¬ 790. p. the Olin ■' Although agreed Federal resulted at were has Rapid , to a total of $346,864,422; expenses the original cost of the com¬ 5.70%, which compared with 5.687o came year and equipment and 1959. *—V. corpcration Offering—i $288,873,570, pany's telephone in ANC of The transactions .n,.the effect market of price intro¬ was 1961. Revenues were of combinations introduction stock. common may counter All-Number Jersey in 1960 in Riverton and Keansburg. in both the state and nation would have usable during it that phones in service, year. telephone numbers by the 1970's. Changing from letter-numeral combination to an all-number system in¬ present into a commission for its undertaking. The agreement between corporation and the purchaser piov.das that the purchaser may, in addition, purchase debentures on the open market, convert such de¬ bentures into common stock, and sell such shares of common stock, and .Monday, March 20, 1961 . the 1963, points, more telephone growth in a shortage of the chased by purchaser all 89%. to than 2,932,000 system, operated . service for extended to was the during cent per • dial the more were the 96.7 of (DDD) goal dialing 145,800 over New bringing ■ '■ to customers of telephone new . distance of end increase an ; closer coming customer The Commercial and Financial Chronicle (1230) p. 1961 ioro $62 n6 *50 44fi $6 373 752 $14 347 054 "I operations " income...: •$£946 436 2 512 976 V,., 746. Fatrician Paper Co.—AppointmentsSchroder 1331 value Cbmpany. Kenneth R. Smith. President and Vernon P. Dapper,' ... • Trust common * !''.> Co. lias stock been of the appointed registrar corporation, °and for the Continued the 10 cents Chemical Bank on page 53 Volume 193 Number 6039 . . The Commercial and Financial Chronicle . V.? Name of Company DIVIDENDS Dividend tables. announcements In nounced first the grouped are indicate we during the current week. C. D. in the all Then two Co., Darling Daryl second table in which we show the payments previ¬ ously announced, but which have not yet reached their payment date. ^ Dairies Ltd., (L. Dilbert's T/o Quality 1st preferred Bros. Adams-Millis Aero Corp. Supply pfd. $2.70 (quar.) Payable of Rec. 3-31 3-16 Dominick (annual)— Fabrics _L__ Allyn ■: 4% Co. 1st 4Va% of 5- 1 4-14 4-14 3-31 2nd preferred American Air ; (quar.) American Growth Fund, From Mutual (increased 6- \ 5-31 American Pad Research 13c 3-31:.., 5- $1.25 income 5- 6c : preferred 3-31 6-30 9-29 6-10 9- 9 11-30 4- 1 12-15 2c . SI 28c 4-10 4-10 15c —. ' :.%V; 4- 3iL Ero share) positary > Food Associated Atlantic Atlas Steels, Ltd. Fabric Auto 60c partic. 4% Products, Avon :. a ; v - - (aecum.) preferred Lincoln • ' ;w"" 115c 50c . (quar.)__ preferred * 4- 1 4- 1 . 3 3-16 1 4-14 National MacAndrews 5- National Bank Stock First , dividend 7 3-24 4-29 3-31 4- 1 3-24 6- 1 5-12 Class Mutual Fund Florida Public Utilities 4 Mansiield (No Co.—' Electric , " '/ :/■>// payment omitted Baldwin-Ehret-Hill; Inc. (quar.)— California of Bank ' National this Quarterly Bank of Bank of ( New. York Construction Stockholders ing will Watch Co. Gas Bird & Son Bluefield (quar.) Bostltch, Stock 6-15 5-29 McQuay, 50c 4-17 3-31 55c 4-14 3-30 $.026 25c 3-20 2-28 4-20 4- 4- 3-16 (quar.)„ (quar.)l , (quai'i) 50c 37V2C- '—_____ - . 3-24 1 3-31 5- the annual meet-' 17, on pro- a . this 3 80c Common . 3-31 3-15 6-15 5-31 class A Inc., =.____ ^ (quar.) *— common (s-a) ^— Investing Corp Browning-Ferris Machinery Creek (quar.)—_— Co. Oil__ Buckeye Corp., conv. 6% 3-30 3-21 4- 10 Vic '4-17 (quar.) 15c (quar.):.; 15c -" 4-17 4-17 serial preferred 15c 4-15 41/ss•%' Fr.ee California Fund California (quar.) Water * _____ . tax and a . 3-29 3-15 4-15 4- 1 1 4-15 35c Corp. General 3-25 $1.20 preferred preferred (quar.) (quar.) (quar.) - : (quar.) preferred com. (quar. $1.24 preferred Genesee Extra 3-31 T/o Trust Co.. (Mass.) Campbell Red Lake Mines, Ltd. Quarterly Canadian 60c __a__: Drawn preferred Canadian : Steel, Ltd., com. (quar.)— " Ltd. (quar.) Insurance Shares, Ltd Westinghouse,. Ltd. (reduced)-.— Canadian —_— . Records Inc. (quar.) '. Cascades Plywood Corp. (quar.)__— Capitol Cavalier Apartments Central Chase Kansas from Pwr. time. Inc. Oil Cotton Christiana proved income) split March Gas Cincinnati Electric Union & , ized iii tributed Stock Colorado 4-28 4- 1 4- 1 3-31 3-31 3-22 common the of' : New Connecticut 3-31 4-15 4- 1 Co. Inc. (Jersey City, (initial) Financial 5-15 . 4- 1 4-4 75c 15c $1.50 3-31 4- 1 (Denver) 4-20 3-27 Corp. N. J.)— 5-15 5-1 4-14 (quar.) 1 3-15 7'/2C 4- 1 3-15 ~l Fund National Bank & 5-1 5-1 5-1 5-1 5-1 4-5 4-5 4-5 4-5 4- o 3-31 America „(quar.)_ action payment at this time). (no (quar.) (quar.)^ 3-20 $1 20c \ *"^0 4-14 3-JO taken on 4-25 3-31 3- 45c ___ 27V2C 4- 1 Bank 30c T 5c (initial-quar.) 25c 5% 30c _—614c com. : — >' — 3 Inc. 6-29- 4-14 4- 4-10 5-15 5- Illinois at _—!— — Y.)— (N. 1 (from Fund 3-15 3-31 3-24 5- 4-14 1 from capital ln- net 3Cc 35c 175c preferred ___ pfd. (quar.) 3-22 3-31 3-31 $1.02 4-15 3-31 $1.02% 4-15 3-31 4-15 3-31 4-15 3-31 3-16 4- 1 4- 1 25c 4- 1 3-16 3-22 ' 25c 3r31 4-28 4-10 4-14 3-31 4-20 3-31 4- 1 3-15 7 Vic V 4-10 3-20 25c 4-21 4- 31 Vic 6-30. 6-12 37 %c ; 4-10 30c 20c (quar.) common 6-30 6-12 $1.06 (quar.) (quar.) 75c . the on this at '1 4-20 15c 5% (payment omitted 4- 4-15 15c (quar.) (quar.)^ Insurance 3-22 $1.04 i Corp. 3-22 3-22 1 $1.02% Electric, preferred Colony Town 1 1 5- 90c .__ Corp;, & 55- 29%c _U__—__ ___; Company Gas 1 Gas— (quar.)__ (quar.)_. Rubber 3-20 $1.25. Co. common 3-15 3-29 $1.37% (quar.) Chemical B 6- 3-31 30c (increased-quar.)__ A 6-15 20c ' 40 cents time) 5 1 i 3 Coast preferred Co.,. 5% (quar.) pfd. (quar.) 45c 4-10 3-31 $1,25 4-10 3-31 4.52% preferred (quar.) $1.13 4-10 3-31 preferred (quar.) $1.54 4-10 3-31 1 preferred (quar.) 4-17 3-23 3-28 5- 1 4- 18c 31 Vic 31 Vic 50c 22y2C Co. 3 4- 1 1 3-15 4- 1 3-15 4- 1 Ordinary Portable 4-15 3-24 mit 37Vic $1.50 (quar.) (quar.) 4- 1 Co., about 3-24 Tools common $50c (common 3-30 7c Ltd. 3-28 of stockholders split June ^ subject & Transport split 3-22 3-15 4-15 3-27 10c 4- 1 3-15 4-15 3-24 $2 holders to for be 4- 1 of ad¬ the mailed RR. Worcester 6). r., Quaker - Oats Quebec Co. Power Queene 3-10 to (quar.) on or Co., $2.50 4- 5 3-15 (quar.) (quar.)__— 5% $62c 4- 1 3-17 20c 4- 1 3-17 (quar.)____ $1.50 4-20 3-24 pfd. Anne Co., (Greenwich) 6% preferred 5-25 4-14 5c 4- 3-10 5c 3-30 +40c (quar.)__ Candy Co 1 . -—j j ~5~-~l I 31 Vic $1.25 preferred (monthly) ____ 17 %C pay- this- time). Fund stock 3-20 April 7. Trust Putnam f increase in the stock. This will per¬ will Providence 3-17 3 an Certificates 10. shares 4- 25c Co (quar.) preferred (quar.) 8% 20c $1.50 (accum.)—_ pfd. 35c approved Feb. 3-31 4-21 10% two-for-one a ditional 4-10 5-15 Bergen County Water Electric authorized 3-31 1 Union Stockholders 3-17 4- _j_" (final) & Gamble, Procter 3-21 3-31 of $1.41 145c Petroleum record 8c — (quar.)__ common Pittsburgh Fairfax Corp 3-15 4- Light, (quar.) (Hackensack, N. J.) (quar.) Philips Incandescent Lamp Works. Holding Plainfield — & Penman's, Ltd. Peoples Trust Co. 3-31 4-10 preferred Pioneer ———__— common 5- Power 5% 3-21 „■ —1 tquar.) Monthly (26 cents current (quar.) Pacific invest- <fc Telegraph-— income) Fund 1 35c Valet, Inc. (quar.).— Owens-Corning Fiberglas Corp. (quar.) 4-17 4- 50cv Stephens & Shinkle Income 3-15 4- 93 %c One-Hour i (quar.) Kentucky Central Life & Accident Insurance Kerr 1 -J ;i__* long-term Natural preferred Regency Fund, Co.- 3-15 4- 5.64% — approval 1 Mining— (quar.) preferred preferred 1 5- 45c 11c — Steamship Co. (quar.)_ Interstate Fire & Casualty (increased s-a) Investment Trust of Boston (quarterly from (3-for-l 4- i_ preference 4.24% this time. — (quar.) Inc. 3-29 $1.50 (quar.) States Old , 20c __, (quar.) Jostens, 3-13 1 6.16% Commerce at 1 4- (reduced-quar.) Gas Ontario 1st Old 1 55c (quar.)— (quar.) Mutual 3-13 4- $1.38 pfd. (quar.) preferred Pacific J.) 6c deferred I > (Mass.) Gas 6% (quar.)—__—__ City, N. B ment 3-20 4- 15c (quar.) 4% 3-21 10c 1 $1.15 from Mfg. preferred Oklahoma 6-15 30c 3-30 4- $1.37 ya (quar.) cents income) Shore Oilgear 3-17 5% — 3-30 62yac $1.43% America— Rosarip taxable 4 Judd O'Sullivan 3-27 3-28 3-30 (quar.) Corp. net, & Class 3-22 5 3-24 - 4-15 ~__11L_ Share Noxzema 3-21 4-17 3-16 4-14 4-15 (quar.) Honduras & and $4.10 7 4- 3-15 3 4-15 (quar.) ,____ 3-15 4-10 3-31 »»j 4- -v Power, common, $3.60; preferred (quar.) $4.08 preferred (quar.) , 4- Corp.— income) (quar.) J.), preferred York 6% 3-21 A Johnston 4-14 25c (Newark, N. J.) preferred Northern 3-20 3-31 (quar.)_____; — preferred Johnson, ' 3-17 3-31 5c 5%% .Northern 4-15 4- Fund , 3-20 4c Pipeline Co; of preferred (quar.) 5.50% 4-15 4-28 Telephone Bros., 1 11c $4.16 Canada Coal, 4- 4-13 3-29 85c ; Gas Northern 8 IV2V0 preferred Creek $1.75 30c Research $4.11-'' preferred income) . ; Monthly 60e 1 145c dividend) 1 1 Growth Kennedy's, Inc., ' 3-15 4- .. payment omitted of Natural North 3-21 Income 3-13 6c series vestment May Bank Industrial 3-29 series 5%. _____a— Bank ' of 3-10 series Provincial Trust v 1 75c (reduced)—___—_____ Co. net Dividend North (Conn.)— Co. 17) (N. Y.) 1 (quar.)'__ Banking Machinery investment gains 3-21 Mining 3-10 4- 97yac — (quar.) Essex from Niagara , 1 new J.) * Corp.— $6 preferred : Co. 4- 1 (Union Trust investment 3-21 3- 6 55c 51 Vic 50c 47Vic f 51c — Products 3-15 —_— (quar.) Insurance Island 4- 3 3-15 6c preferred Corn 1 America- Inc. '(stock1 div.)_.LV Vl 50% of stockholders Jenkins $2.04 : Rinehart'& Winston, -ment 5- 1 5-15 4-28 40c 15c — — common 4- (stock dividend)^—_—_— dividend Inn Institutional v (quar.) (quar.) Rubber Co., (N. Quarterly 3-15 4- Co. Co. Newberry (J. J.) Company— 3%%' preferred (quar.) 3-20 1 5c (quar.)______• Interlake (quar.) of 3-31 4- 50c 4- 5% 8c 28c 3-15 37'/ac (quar.) Quarterly 3-17 5%. 3 34%c 7V2C (quar;) Splendor Common —— preferred (quarterly) J.) Incorporated > — $1.90 & (H. Inter-County (quar.) 4- (common payment Insurance 1 Corp. & <te realized Inc.M quar. Corp. Imperial was (quar.) Co. Fire Hudson 3-21 5-3 5- 1 4-14 - (stock Stores Home 4-14 20c 8 common_________—I7V2C Co., Henry's Drive-In • Power— Investment Ltd. 3-23 4- 25c Rubber 4.60% ——' common time) 3-15 1 50c Securities New _____—__ (quar.) A preferred Dividend 37V2C 12Vic (quar.) Tire $1.50 Hydra-Power (quar.)__ preferred preferred Cooper nonresident (quar.)______ Wire, 3 4- ; England Power Co., 6% 5.52% preferred (quar.) Producers— this at 4- 60c !____ New 3-20 (B.) 20c 1 Gas Nesbitt'(John Ordinary— 3-31 Stock common preferred Controls 3-15 4-15 Higbee Company ap¬ $2.06 (Chicago) 3-22 3 3-18 Hidden 3-23 4- 3 $2.00 Continental-Illinois 1 4- 3-30 Heinz - 3-23 3-31 4-28 $2.20 Consumers 4- 50c — preferred 3-15 $1.07 Vi 5 Va Vo 6-15 1 Hawley-Products 3-31 50c 7 1 Hartford 3-21 40c (initial-quar.) Light & 7- held)—; 1 omitted Fuel National State A SG'Ac : 5% Trust common Commonwealth 4% in 5- Western 3 Consolidated— Gas Balanced ; preferred one Ltd., Trust Ltd. 4- (quar.)_i_ Newark Bond 3-27 5- Harzields, 17. Engineering, Commercial 400 5- Hartfield ■ 3-22 3-15 3-20 3-15 (quar.) —- Plastics Combustion rate Inc. (quar.) (3-for-2 stock split subject to approval of ___— Co. stock Service Insurance at each 30c Toy, 3-15 3-25 (quar.) Bank-& Trust Investors (All 56V4C & 3-20 3 20c National 4-12 —___$0.578125 Greenwich'Gas ' Colorite ' v 3-29 dividend Stock < 4-17 10) (quar.) Yard March on 5- .1 2% (quar.) .,$1.80 authorthe ratio of 43.67 to 1 to hold¬ record March 10, to be dis¬ of ers stock for t._: Co., 4- 4-12 7 Vic National : (P. H.) 12c _; (quar.)_ Inc. National of Iowa— & 3-20 3-30 50c Valley National (quar.) Holiday ___ the 3-24 at payment ______— Bank 3-17 ;• 32c 3-24 preferred Great 3-20 3-31 3-31 3-31 3-30 /3-16 $1.19 $1.25 Investing Co. (quar.) National Bank & Trust (Chicago) Claussner Hosiery Co. (quar.) Colonial Industries, Inc., $6 pfd. (quar.) of Mystic preferred Grand at City City split tl5c 50c 25c 4- 1 4-15 4-15 4-15 4%c (shareholders Co, 80-for-l an effective Cincinnati A 25c t25c I15c 18c +10c +$2 dividend i- quarter & Pacific RR. (resumed).— Securities 4-12 45/bVo Holt, investment Rock Island 1 4Va%- Hertz (quar.) shares (first Chickasha stock, ' ' Glatfelter - • Fund, Chicago, pld. (quar.) omitted A common on net 4%% Co., preferred $5 Eag, Chemical 5- 1 5-1 4-1 M-26 50c Payment this Quarterly J.)— N. Quarterly Central Glastonbury $1.25 Corp. Trust' Co.. (Elizabeth, Home 5- 4- 3-15 4-3 4-3 4- 3 ' 4- 3 4-3 3-20 3-28 Corp class A Cafeterias 2% (quar.)_. (quar.) Greening v -— Industries, Canadian B 5-1 5-1 5- 1 " t8%c (quar.) Participating • Class 3-17 1 3-31 ' preferred Motorola, 1 of ' __• 1 4- . (quar.) National Morrison 3-15 1 Co„. class A " • (quar.) preferred 3-24 4- (quar;)__; Brewing 4-15 ■ 33c $1 — (incr. quar.) (quar.) Campbell Taggart Associated Bakeries— Cambridge (quar.) preferred RR., preferred 1 4- African Telephone Co. York— (quar.) 4- 37 Vac (quar.) ,__ Montclair ■ 5Vfe% 3-17 (quar.) 4- Co., class B (quar.)___—$1.50 Garrett of Co. Gas 18c 6- Gannett 3-17 1 (initial) 4.30% about to 3 4- Power & Light— for depositary dividend 44c per depositary expenses amount 31V4C Telephone, -$1.25 $1.32 will 3-17 4- 60c New Bank Pacific 28c payable Mines, South 7i/2%' 34c 1 30c 31c 5c j. & Geduld 4-1 3-20 90c Extra $1.183% common (Phila.) 3-31 Quarterly (quar.)___. Trust State *%■ (Alter - CMP Industries preferred 3-16 4-15 45c Missouri . Frankford 1 4-15 common (Dallas) 3-22 4-17 rate 400 4- 16c preferred 3-31 —;—__— snare each 1 2 10c (quar;) Midsouth — stock at for A 3-31 (quar.)_i_____ preferred preferred 3- 12 Vic Bank dividends share 3-24 50c (s-a) Corp., 1 4c dividend 3-21 1 75c (quar.) Acceptance convertible $3.90 stock (stock J.) income) 4- 3-31 12yac (quar.)_ (increased) com. preferred Common 3-20 3-28 3-28 3-28 preferred A Plan, 6'0c 3-28 3-31 3-20 3-20 3-15 3-21 4- 3 4-14 3-17 3-17 3-14 3-31 4-28 3c ___. 5% Budget Finance 4- 1 4- 1 3-31 4-15 20c 22c 25c $1.25 10c 10c (quar.) Co., 4-14 4- 3 4-3 3-31 4- 1 4-17 25c 25c 20c 75c ____ (quar.) (Milton) Street 2oc (St. Louis) 4-13 3-21 4- Life Fund— Midland-Guardian 5% quarterly 4% 3-21 3-31 at (Increased-quar) -(Conn.)— dividend) held) 3-27 3-31 1 5% Missouri (quar.) 3-31 4- 53 Vs c payment (N. Mid-Continent Telephone 75c common preferred Trust & Merchants ~ in one common 3-31 4-14 $10 25c com. Mercantile National , (stock payable on 25c Calif.)— common "(two' 3-28 4-14 . Inc. class $1.50 5 County)— v Dairies, & investment Natonal of 7V2C (quar.) National Bank time, Foremost ' A prior preferred Buck 4-1 4-11 ; 75c ' 1 on 4-14 10c (quar.)^___^ Rubber Co.— Bank Merchants (quar.)__ taken 4-18 40c dividend ,;28%c preferred / "C" taken Massachusetts Ltd.— action No ;'"f ______■ (quar.) Bowman Products Broad c*4- 7 l.y .... (quar.)__ Supply Boatmen's 5% $3 p (quar.) Machine Co. Bradley „4?.15.. , 2-for-l split of the common stock. Berkshire Bird 40c —' 155c _____ April on ______ — Corf).— vote at held be to posed Benrus (quar.)__ Nova ScOtia "(quar,) BarChris \ — convertible Corp., 1 4-28 time) (From —__ preferred $1.12 Fluor Tire 3-31 dividend 4%% 3-10 3-24 5c — Association— ' Stock . . Dividend 4-18 '____ (quar.)__ action Maplewood " Baldor "B" 4-15 common 1 5- 1 3 25c Vi %; preferred 50c Co., 5- iquar.) (quar.)___ —___ Florida A 3-31 Quarterly ., 3- $1.50 4- 4-17 Bank 5-1 3-15 Mallinckrodt Chemical Works— 27c National 5-15 (quar.) common Corp. (quar.) Maryland National Insurance ___. New jHaven 5- 3-31 110c (quar.)____. Co., (quar.)_ 3-17 Realty & Construction— ' . 5-15 ' Marine 1. National Watch Forbes & 3-31 „ %_ Quarterly First 3-20 135c 15c 6% preferred Mahoning Coal RR._____ (monthly) Jose, 3-20 4-15 87 Vac 3-21 com. (San 3-30 8c .: 4-14 Assn. (Somerset i2y2C _• common 1 an- Quarterly 3-20 10c $1 Lank First National Bank 3-27 3-31 $ 30c 4-1 payment !_____! 3-31 4-24 • (s-a) Longines-Wittnauer ^ (Baltimore) 3-24 4-15 4-14 1 (quar.) Rubber & 4 4-15 2% (quar.) Ltd. 5- (Dallas) (quar.) V- Quarterly37Vic" First National Bank (Mt. Vernon, N. Y.)— ', 3-20 3-15 , Tire 4- 45c (quar.) 50c (quar.) Publications pref. 4- (quar.) the 15c 35o (quar.)_ A preferred 1st Printing Co., (M.), 5- (quar.) 15. Inc., Bank First 4-5 4- 4 - Board, Quarterly ___'— 3-30 5-1 5- 1 93%'c *Loeb Class following Mortgage National First 3-27 4-14- 5c 125c V - - First - * .__— Ltd.— class A Paper Firestone ■ 5-17 ——- (quar.).— • #• June on 3-15 Participating Liberty Records (quar.)_ 3-15 15c 12Vic meet directors meeting 1 (quar.) income) 75c quarterly 4- - investment partic. 3-31 $1.50 10c 20c pfd. 3-20 4-14 (reduced). inc., class Co., net $1.50 the on National ' > . W.) 50c ; i Financial. Industrial Fund, Inc.____________ will (resumed)— (quar.); Products 3 1% 5-31 (quar.) 4% of Rec. huiaers 3-30 25c' Levy Industries, Ltd.— • 8 3-30 ; deferred 4.60% ' . a_—— ___^ preferred B 4- 3- 4-14 (quar.) preferred 4»/2C aividena/ 15c Y.) W tie 11 (quar.) (quar.) (stock Co. Fund— $1.12Vi Fidelity-Philadelphia Trust $0,162 per de- Refining Co.— 3.75%. 4-15 1 3-18 6-15 ; (N. conv. Federal • inc. div. expenses Stores 5- (H. (From 31 Vic (quar.) Corp., $2 Federal ^ 10%; After British depositary Lazard - 3-30 3-17;" 3-17 • , to approximately Lay 3-17 25c (quar.) (quar.) (quar.)^ until h • - amount 3-30 3-30 Heating products, Ltd.— Federated. Equipment Corp. "(quar.)_i„—;• 25c " v -4-15 Temple Ltd., 6% pfd. A (quar.) t$1.50 ' 4- 1' 6Vi% preferred B (quar.) ——116V4C' 4-1 Associated Electric Industries, Ltd. Ordinary \ and Steel 3-31 25c common A preferred (quar.) of Delaware (reduced) Latrobe 3-23 4-28 Manufacturing Co.— nual / Aro tax 3 4-15 $37Vic - (quar.) (quar.) Johnson Action 3-15 V ' : Ash (Final payment of (quar.) class 6% Industries 15c $17Vic (quar.) Co. Equity Corp.. 3-20% held on April 20, on a pro2-for-l split of the com. shares. posed & annual meet¬ the at Trust Endicott 3-20 4!/ic 4ViC.. Co., preferred Enamel 3 4- be to ing pfd. conv. Manufacturing Co. Eldon Industries, Inc. 4-20 1 4yac —_ -------— Co.— will vote Stockholders 5% preferred Class. A (quar.)— Public Service 4- $1 Elder 4-20 4-27 Anderson'Electric 'Corp.— Arizona 6'/o 3-17 1 Products 4Vi% (Galveston, (qunr.)J Development___.-2_.i__ & Corp., Empire Paper & pref. Dredging, LansLon 17Vic 2nd partic Corp. Langendorf United Bakeries, common $1.80 preferred (quar.)^ ' Inc.— J Economy Auto Stores 3-28 25c ,L American Ltd., 6% Lamson 5 Uc Manufacturing Ekco 3-22 5 .__ Extra con v.. Echlin 5-12 - 5 4- (quar.)— iU-i—'-'r 3-23 $3.50 4- Quarterly. 60c Duro-Test ;. 5-12 1 27'/ic _ quar.)___. * Quarterly - 3-31 25c Insurance 3-20 (quar.) Initial-quarterly 3-15 Fund—'\ National Texas) 1 4-28 157c .__ Ltd. investment net American t25c ____ _ American-Marietta, common 5 % preferred (quar.)___ American 4- 15c : (quar.)— Lines Export 1 3-31 • LaCrosse /'/ '' Filter American 4- 4- (reduced-quar.) Durfee (B M C) Trust Co. (Fall River, Mass.) . ___________ quar.) 4-15 25c Duff-Norton Canada, Ltd.— preferred) 3-23 17Vic Mines, Ltd. (quar.) Dominguez Oil Fields (reduced-monthly) 18c ——20c — 3-31 Mfg., 3-22 (quar.)- Dome 10c — Inc. & Bacon, Aluminum Holdera Dominion Agricultural Insurance Co. (Watertown, N. Y.). Reduced-quar. 3-27 Fund '_ (quar.)_; Mtg. When Share Stores, Payable Per King-Seeley Thermos Co. 4-10 11 Share Kerr 3-31 (quar.) Supermarkets, Company 3-30 4c 9c 5%~ pfd. Arts Name of 4-14 $$1.75 (quar.) Industries Di. Noc- Chemical 17J/ic of Company (reduced) Holders Payable of Rec. 20c preferred Davega Stores Corp., Per Name A 12Vic l'/o Co.. A.) When Per Share class System, Crystal Dalex an¬ follow with we Transit Daitch separate dividends a Aaronson (1231) 4-15 3-31 • Reichhold Chemicals, Renmar ' 10c 5c 5c 5c 4-15 3-15 4-15 4- 4 Inc Renold $1.10 Corp. —+— ; Inc. A 5-15 5- 4 $1.10. class A 6-15 6- 3 $1.10 class A (quar.)_ (quar,)^_ (quar.)_-___ (quar.) :— :_i_>— — 5-15 3-31 4-15 3-30 4- 1 3-15 $28c 7- 1 127c (s-a) Chains Canada, $1.10 class A class 3-15 15c 10c 1 (quar.) 10- 1 t27c 128c 1-1-62' 6-15 9-14 12-14 1 12 (1232) The Commercial and Financial Chronicle Republic Foil, Inc. Republic National Republic National Jbile Investing Corp. (Ind.) Reynolds (quar.)_.— & Robertson (P. n.) dividend $1 Rohr Aircraft Royal Corp. Dutch three Stock guilders dividend Rudy Mfg. Russ Togs, Inc., Paper Sampson 1 3-20 1 3-20 4-28 3-31 . 12c 6-20 Sangamo, (reduced) 5-15 5- Ltd. (quar.) 4- 4 3-24 3-31 3-20 15c 4- 1 3-20 iloc — (quar.) 3-29 participating preferred A iquar.) Sugar Refining Corp. (quar.)— GVic (quar.) Savannah National Bank & Trust 3-31 3-31 30c American 3-20 4- 3 —: (s-a)_ Transport & Trading, (Subject to approval Ltd. (final) 5-31 4-15 4-27 3-30 3c Shares * 25c 6c _!■< Shell May 3 4-17 Island)— . Acceptance 3-10 3-20 1 4- 5c (Long 3-10 4- 30c (quar.) Security National Bank Quarterly 3-10 Y. )— (N. Quarterly Corp. 3-24 3-31 lc $1.25 Scarsdale 5 15c (quar.) i__ Selected 5-22 10c — (quar.) common preferred preferred Sellers 5-22 6-20 50% 25c Sandy Hill Iron & Brass Works, com. Seapak 3-17 3-24 4% $1.20 pref. Acme Shore-Calnevar to a . • Aetna Casualty Aetna Finance Insurance Life (Increased-quar.) Affiliated (initial) (From 6% Somerville, Sommers 50c Ltd., Drug Stores Southern Edison, preferred 4- 4- 1 3-15 — 12Vic 4- 1 3-15 (quar.) 65c 4-30 4- 5 4-30 4- 5 (quar.) preferred Southeastern Southern Southwest Southwestern Trust Gas A 1 3c (quar.) Increased-quarterly Special Investments and * 4Vi% Screw •Quarterly Stern & preferred Stevens Stop preferred & Shop, Inc. class A Switson (An annual $4 Tip Pacific in class General B class split in stock 4- 1 3-15 3-22 3-15 3-22 3-15 3-31 3-20 6-30 6- 9 Class Twentieth 1 3-22 4- 7 3-27 150c :__ 7Vic May Investors, 1 4- 1 4- 1 3-21 4-19 30c 7Vic A__ 1 3-30 3-21 A B income Gas & of A B Haven 3-31 3-11 112Vic (quar.) Trust Co. (Conn.) 5-1 4-7 United Biscuit Clay United Fuel 6% pref. United Co. of America 25c (quar.)_ A Industrial $75c Bank U. S. Jersey Sugar RP„. (Brooklyn, N. Y.) Universal Container Controls 4- class A (quar.) 4- 1 3-20 6-20 3-17 3-28 3-16 7Vic 4-15 3-30 7Vic 4-29 4-14 18c (quar.) Alabama Gas "Van Norman $2.28 5-1 4-3 Industries— preferred conv. Company, "S2.25 Victor common preferred Products Viewlex, Inc. (accum.)__ 57c (quar.) 567*c (quar.) 3-24 3-31 . " 3-23 4-1° 3 23 5c Corp. ; 4-10 7Vic 4-15 4- ' 20c (quar.) Vulcan-Hart 3-31 10c (quar.) Ward (B. B.) Co., action this Warner 3-31 3-15 - 3-31 1 on pfd. 4c 4- 1 3-20 $1.37% (quar.) common payment at meet split of the March'28 to Wellington a preferred 4- 1 3-27 ing on one split of the Western April Union 13 on a ! White A Stag Class 4Vi% B Wisconsin No (J. 10-23 Class $1.37 Vi 4- 3 3-17 in the taken (quar.)___ on common Stationers $1.25 Stores 4- 1 3-10 Atlantic 10c 4- 1 3-10 Atlantic 4- 1 3- 7 4- 1 ~3- 7 . Alsco, Inc., Stock class A of 42 7a c Amerace Stock 4 7* % $6 ioc r • (quar.) • i- 4- 1 4- (quar.)__ (quar.) Rubber, common (quar.)7: ■ 5% preferred series B (quar.)___ U_____ $1.25 Cement 372% $1.25 ■ (quar.)___ preferred American series invest, Felt American & and pfd. Home Hospital American Ice Products prior 1 1 v: l5c American Machine . : 3-31 3-13 3-31 40e 3-31 3- 3- 1 National Corp. Ohio 1 3- 1 137 7ac Bangor & 3-15 Barber Barry Wright Corp. Basic, Incorporated, 9-15 8-31 12-15 11-30 30c 3-31 3- 25c 4-10 4- 30c (monthly) $1.50 _______ 10c 1 3-22 3-14 3-20 167iC 25c 1 8 I 1 3-16 4-10 3- Bausch 4 3 % 6% & 1 3-13 Lomb, (J. B.) Beatrice & 4V/2% 4-15 3-31 4-15 3-31 Beaver 40c 3-31 3-17 Beech 50c 3-31 3-15 . 3-31 4- 8 3-10 4- 1 3-10 $1.12 Vi share (quar.) com. New 25c 3-31 3-15 3-15 3-31 3-20 5% (15Vic from sale meet¬ two-fcr- of 3-24 15c )'■___ 4-15 6-15 6- 1 plus 12 Vac quar. Co., Z 5-15 5- l 5-15 5- 1 American $1.12% 6-1 5- 1 Class A 3-31 3-14 Class $1.25 payment Stock Finance 4, 1 3 21 payment 4-1 Biederman 3-20 Class 3-10 Binks A Class 4- 1 3-20 70c 4- 1 3- 2 4- 1 3- 2 4.25% 2 5.60% $1.50 15c 4- 1 3-31 3- 3-17 A Bliss & 4- 1 3-10 Boise 3- 1 Bond 1 50c American Title 3-31 5% 3-31 3- 40c 4- 3 3-10 15c 4- 3 3-10 43 ViC — Telegraph 4- 3 3-10 , . Co.— Tobacco, 6% (Miami) preferred (quar.) (quar.) 4-10 3-10 7 Vic 3-23 3-10 4- 3-10 $1.50 1 Bell, Borax (H. Inc. and Stores, 3-17 3-17 4- 3 4- 3 3-23 4- 1 3-15 (quar.) I 4- 1 3-15 1 3-15 4- 1 3-10 50c 4- 1 3-15 4-11 3 1 3-31 4- 1 3-10 + 55c 4-15 4- 9 60c 3-31 3-10 25c 3-31 3-13 20c 4- 3-10 3 50c 4- 1 3-17 $1.75 4- 1 2-20 25c 4- 1 3-21 1 25c 4- 1 3-20 A 21c 4-25 3-31 UOc 4-15 3-16 4-15 3-16 common !___ (quar.) new com. (initial) 25c 15c Club 3-16 4-15 3-25 (Mo.)— Electric— $1.06 Vi 4- 1 3-15 $1.40 ; 4- 1 3-15 40c prior pfd. 3-31 3-18 6- 1 5-20 4- 1 $1.3772 3-15 10c 3-17 3-21 3-10 30c (final) about 4-14 31 7*c (quar.) ordinary to 3-17 75c (quar.),, 3-31 20c (quar.) (quar.) amount 3-27 3-31 6c <fc 4-10 40c (quar.) (quar.)__ Ltd. 3- 5- +25c (quar.)_ Co., 572% will 3-20 $17 VaC (quar.) (quar.) Corp. 3-23 4- 42 Vic Gas Inc. Holding, 3-15 3-31 ex¬ (quar.)___ C.) Cascade Dividend ■. 82 Vic Insurance 3-15 1 3-31 + Book-of-the-Month 31 Vic (quar.) (qu»r.)_ 1 4- 8% tax pfd. preferred (quar.) Laughlin, Inc. (quar.) Tobacco, 6% pref. Blue ——- 4- $25c Bros. Bohack com. 3-17 84 Vic (monthly) Valley preferred 3-10 Co., 3 $1.12 7a Merchandising Corp. 3-10 : 3-15 3-15 4- . 40c ; class Mfg. 1 Sugar Refining 3-15 1 7 7aC (quar.) Decker Blackstone Bloch (Indianapolis)— dividend 1 4- Life Manufacturing, & 35c (quar.) Ltd., 1 Extra 4- 3-31 (quar.) 7% Co. Furniture, Hats, Blackman 1— Quarterly 5-1 6-14 4- American ,135c 1 4- 7% preferred (quar.) American Telephone Ac at 7- ordi¬ (quar.) 3-31 30c (quar.) income Manufacturing Co. Bickford's, Inc. (quar.) 127ac Co. 1 12 7aC Insur. (Los Ang.) Cement, 4% pfd. (quar.) 7% preferred (quar.) & 12 7a C Stores 4- 15C .... (quar.) (quar.) (quar.) Standard Lime (quar.) American 45c Insurance 7 3-20 $1.50 common Ltd., (quar.) preferred American is » Black B States 9 4- $1 common common Beneficial 28c non-cumulative preferred American Stamping Co 6- $1.12 7a 2-27 $1.25 ; 6% 1 4-26 3-31 $1 II (quar.) 3-20 tha (quar.) common : 7- 10c 25c 3-30 4-14 income) Snuff Extra 25c ; from 3-25 3-25 75c British 3-17 Biltmore from 4-20 2% 4-15 8Vie gains 3-25 $1,56 7* Bibb quar.) net 3-25 4-20 (quar.) Savers 3-31 Development Corp.— securities net nary American 35c & realized 4-20 for depositary Life Belding-Corticelli, of President Lines/Ltd.— non-cumulative preferred (quar.) American Research 4-20 (quar.) Ltd. 5-22 American 3-31 8-31 55c dividend)__ common Beneficial 3-24 3-20 8-1$ $1.75 Bethlehem Steel Corp., (quar.) 3-13 3-2© $1.06 30c 4-15 3-27 3-31 1% Co., after penses 5-1$ 20c (quar.), Inc., 1 6- Y.)— 3-20 6-19 5-lt -.2-17 10c 30c (quar.) 25c $1 1 9-18 (quar.)____ Belgium Stores, Ltd., 5% pfd. (quar.)__ Bell Telephone Co. of Canada, Ltd. (quar.) Bendix Corporation (quar.) 25c v 3-23 3-20 4-14 Creek Beech-Nut 3 $1 .15c RR. (quar.) Group, Ltd., ordinary (interim) (Payment is about $0,029 per depositary 3-15 15c 4- • 7 7 8-1$ $1 (quar.) Lumber, 2-17 6-19 9-18 Beecham (quar.). Insurance \(N. 3-20 Aroostock (quar.)__: preferred (quar.)_ $1.25 <3-15 $1 Distilling Co. Foods 1 20c dividend 977ac (quar.) 3-13 • 3%s preferred common.^ 3-15 1 (quar.). preferred Beam >>; 4- 1 4- . ] common Laboratories, Stock $1.3174 4- (quar.) preferred Baxter 12-29 4- "$1 iJzzt Co.. (quar.) Bath Iron Works 6-30 -9-29 v 25c . (quar.) preferred 7-14 10-13 (quar.)_. (stock preferred 4V-2% 3-16 3-27 Co. : 1-15-62 ,• (quar.) Bastian-Blessing Co. Manufacturing, 2-28 4-10 preferred ■ 20c (quar.) (quar.) RR Bates 3-31 $1.50 3-31 (reduced) (quar.)___ preferred (quar.) 5-31 4- 3-22 •3-10 preferred 1 " . common Bangor & Aroostock Corp. Bangor Hydro Electric, common 6-15 _____! 1 3 4-14 rW exchanged for Bangor Corp. two shares for one. Conv. ; tS J-13 4- (quar.) common Sons Aroostock Oil ,'fy/7 , f 4- $1.50 $1.50 Being Va % 3-10 :■.•% i rl: 3-30 . 35c preferred (Joseph) & 4- $1.75 (increased 3-1 62 Vic (quar.). preferred non-cumulative Bessemer common . 3-31 7 s: 1%% $1.50 preferred non-cumulative 7% . Co. - 20c 4% 3-10 25c 19c. - . non-cumulative 1 25c security income) $1.50 , 3- News 3-31 3-31 1 $1.12 7a RR 4- Inc.— Fire _; <fe 4 ____ Illinois— Co., Products 3- (quar.) $1.50 .___ (quar.) Metal 3-31 3-31 _II_ 1433/*C Electric, C 3-21 18c Motors 3-31 1343/aC (quar.) preferred B 4% 1 4- 1 & 3-31 Mfg. Co., common American Gas preferred 4 % (quar.)—— Metals V2 % Bancroft 3-13 A preferred 3- (quar.) 4% 7 87 Vic (quar.) Metal Climax, 3-20 3-15 (quar.)__] 3-10 7 (quar.): preferred 1 1 3-31 (reduced) & & 4- 4- (quar.) preferred preferred Common 50c (quar.) .'. Corp. Maize-Products C 15c (reduced) 3-17. Foundry— 3.90% preferred (quar.) 5% preferred (quar.) American 12-30 110c (quar.) preferred 6% Common 4- • Corp. Co., 3-15 (Orlando, (quar,). preferred preferred Machine 1-15-62 Inc.— 3-13 1. 4- : T.) preferred 4% 4- common American International Corp American Investment Co. of 4V/2% 4 1 — (quar.) Supply Co., 1 9-30 (quar.)_ <stock* dividend) 30c Co. 1 non-cumulative Class 3-17 $2.09 33/100 common (quar.) 1 7- 7-15 10-15 (quar.)___ America common (1959 series) (quar.) Wilcox Baltimore 3-31 1 (quar.)—._ .__ Corp. Felt, American American 3-8 $1.127a (quar.)__ - & preferred 7% 1 3 _ Hardware 5V%% 6 % $- • Hair 6% 6 % 8 4- (quar.)—. " (quar.)— Casualty American $6 6% 3- 5- w ]___ Quarterly Quatrerly 4- 131 Vic of .■ 3-10 377a* , D 5-15 1 7 7a Co. 18 4/10c from net 6/10c from invest, Piano 3-13 ' 4- 43 %c (quar.)— 6% Co., Fire & Baldwin 1 $1.8874 — inc. Co. Express Babcock 3-24 European Securities—y/y/ ' from j 3-15 4- $ 1.25 (quar.)___ common (Initial) preferred "■ s (quar.) Crystal Sugar, common 4V2% prior preferred (quar.) American Cyanamid Co., common American 4-15 — 3-13' 3-15 " Corp., preferred . - 4-15 , of (B. 3-31 10c - , : 7% 3-16 r 6-1 30c Texas) (quar.)___ plus Babbitt 3-13 Baltimore A 6.25% preferred • Corp.— series Co.. 3-15 155c (Tulsa, Ltd., ;S;F Company 4- 60c (quar.)_ profits 4- .'■v "i 75c - preferred Can 3-15 1 HI h 3-13 1 40c (quar.)L. common American Brake Shoe American 1 4- 3-17- 1 $1.25 Arma preferred (Quarterly t ] ^3-23 1 44- 7, 30c American u.3-17- , 4-10 $1.50 Bank Bosch 1 4- 125c (quar.) preferred preferred 7% ' Corp., 5% pfd. (quar;)-: Agricultural Chemical (quar.) Biltrite 1 4-10 k $1.0674 —LZ'".: American Aggregates preferred 4- W.-i-r. $1 (quar.,)— iquar.)_, Go., preferred 6% 5-16 5-ie 4-<3: '.25c !_____j;__ American American 5'% 3-30 r 1% Note 4- 125c (quar.) Telephone, 5Vu % 6-13 20c American 6% Canteen Avalon 6-13 933/4C" dividend preferred 25C (quar.) A 30c Automatic 1 3-15 3-16 30c 3-20 3-23 6 3-31 4-15 30c Co. 3- 3- 25c 30c AxerHouglgtpn Stocjjc Fund— (initial) common 4-14 1 Quarterly 4-20 ■ 1 4- (quar.) (quar.) Auto-Soler 3-31 5c 2% 5- ; 3-20 1 _^__r 3-15 13c (quar.) (quar.) (quar.)__ 3-20 3 4- :___ : preferred (quar.) Corp., $4 preferred America 3-10 4- 75c 3-10 Quarterly 3 37 Vic 1 3-31 Quarterly America— Sugar Corp., 3-10 3-15 4- (quar.) 4- quarterly 3 12 7ac common Co. Insurance 3-31 . 118c (quar.) Corp. preferred Life Increased 3-31 4c $1.50 common 5%% Atlas 3-17 65c B (quar.) 4- 50c $3.75 preferred (quar.) Aluminum Specialty Co.-,. Amalgamated 2-24 3-10 1 Ltd.— Wholesalers, Ltd., class B 6 3-31 4- Supply Electric Cpmpany Class 3-22 1 127ac common Co. 3-31 4- 30c _: dividend Aluminum J 30c (quar.) Mfg., City $1.0674 : (quar.) Corp., Products 30c (quar.) (quar.) Algoma Steel, Ltd. (quar.) Alleghany Corp.. 6% conv. pfd. (s-a) Alleghany Ludlum Steel (quar.) Alleghany Pepsi-Cola Bottling (initial quar.) Allegheny Power Systems Inc. (quar.) :— Allied Hardware Investment Atlantic 3- 9 115c H.) Associated Athey 3-15 1 3-31 130c (quar.) 3-10 this time. (quar.) A 3-13 Co.— dividend 1 1 Transit Freight Lines— Ltd. Ashdown 1 11- 3-16 4- 25c (quar.) 2- 4-28 , common... 3 (quar.)___ (quar.) Public Service action Hardware, Ltd., class 10-21 11- 3-13 - Zeller's, Ashdown 1 50c Ltd. 3-20 likely in the latter part of this year. Worcester County National Bank (Mass.)—Quarterly v__ Yellow 10-23 11- B__ (quar.)_ Corp., Temple, Ltd., 4- Fund increase An Asbestos Ash 4- (quar.) preferred Whitehall 7-22 7 22 2-15 3-17 1 3-24 35c 1 3-13 Allis-Chalmers 4% 12 VaC 1 1 preferred stock) in 1 7Vic class Industries 3-20 3-25 4- 35c Quarterly cash payment Corp. : (quar.) 8- 10c Mfg., 7-22 Arvin (payable 4-15 93V*c Arundel 8- Optical Co. (quar.) Photocopy Equipment (quar.) (3-for-l stock split subject to approval stockholders April 11) ;T shares. (initial 4-22 25c (quar.) Whippany Paper Board 4-22 1 35c 3-15 — 8- 15c proposed 4-22 1 5- 50c the annual common 1 5- . 50c 12Vic Telegraph Year-end 5- 50C Corp. 18 Vic Co at Constable American (quar.) vote & Company (quar.) Armstrong Cork Co., $3.75 pfd. (quar.)_ Armstrong Rubber Co. (quar.) 1 6% $1.08 Armour 4- American Light & Telephone Co.— Stockholders will 3 American :___ Electric 3-20 3- American ; Western 3-20 1 3-24 - (quar.) Western 1 4- < 50c Telephone, 4- 15C meet¬ shares. (quar.) Management California 3-15 four-for- special a 3-15 1 Z 90c Knitting Mills Products at consider common 1 4- Quarterly will on one 5% (quar.)__ Co.— ing Western C.) time. Stockholders Weco (N. 5Vi% taken Bros. Wayne Co. 1 $1.05 American Baking No Shoe 4- 44- $1.15 47*%' preferred 2-28 3-15 $1.18 (quar.) 50c pfd. . $1.37 (quar.) 5% 3-U ', 1 (quar.)__ preferred Associates Co.. 4- (quar.)____ — Products, Inc Aldens, Inc., common 3-15 Light Co.— preferred (quar.) Albemarle Paper, Class B & preferred preferred Steel Power 3-21 25C $1,167* 5.48% preferred Wood 125c B Alco 3-3 4.72% 37 7aC pfd. A 5 4.32%i 50c $5.50 4- 5-21 _ Corp., 4-10 17 %c .____ class and 4-10 1 (quar.)_. common (quar.)_ 50c A 1 a. Power, preferred class and 5- 5- 3-20 4.20% American Walker 4.65% 5-10 J72c 156 V-iC 50C A Alabama Power Co Alan (quar.) 1 3-20 — class American Vendo 3-10 3-15 3-30 6- 1 (quar. on American (quar.) Company 1 7-10 $2.50 30c Corp., 5-11 3-22 — (quar.) (quar.)__ Universal Upjohn Canal & 1 6- $1 New 3-17 3-31 37Vic (quar.) 1. 7 4-20 $30c . (quar.) Canada, Ltd. 3-15 4- (quar.) Anglo-Newfoundland Deyelopm't, Ltd. (quar.) jAnglo-Scandinavian Investment Corp. of 50c American Mines (quar.) Investments Ltd.— Quarterly United 3-27 30c United 3-15 3 4- J70c ' A 1 50C class Quarterly — Quarterly ' preferred preferred Arnold (quar.) Extra $2.90 150c 1 class 4-20 $2.8182 6Vic Canada, Ltd. New V3-10 1 Paper Mills- 4- (quar.)] Class American Union Union 1 & 3-16 4- ;— —— plus 4c profits) c" 34 Vic (quar.) class A and class B on 3-15 2c (quar.)-.. (quar.) 3-31 (quar.) 4V'a % ■ 4- '6c (quar.) on 20 Vac 34 %c i . (quar.) B Extra (72 7*c Inc.— investment security 6-1 6- 6- 24)— class ► Arkansas . (quar.) 3-15 (quar] Arkansas-Missouri (quar.)—— com. 3-30 (quar.)__'_J__V__ $2.80 preferred (quar.) Anglo-Canadian Telephone, 3-30 3-31 » . / income):. (quar.) American 67Vic America, 3-16 6-15 6-15 B subject common of 3-31 1 333,*c (quar.) Corp. net 4- 35c _'___ stockholders of Century from A Class American or (quar.) Class A & Class preferred from 3-27 1 (increased) A Tri-Continental Corp., Transportation (2Vic 3 4-15 44- _ on approval $2.70 3-20 $4 1 (initial) (3-for-2 to 1 12 Vic Insurance. Supply, Class 4- 13c 1 A Manufacturing Corp. Tractor 3-20 14c (quar.) lOc . - . . 5% Products, Toronto 9 13c — 5% 6- 1 10c ._ of 1 4- 15c 135c — (annual) declaration 7- cash) Top Toro Ltd. Ry. 3-17 367/Bc _'_ (quar.)--. Industries, & 3-31 1 7Vic iquar.) Corp., 60c pfd. (quar.I " Propane, Ltd., $1.40 pfd. (quar.)— Supervised Investment, Ltd.— Supervised American fund Texas 4-14 4- 56c fund. 3-13 3-20 3 10c Stubnitz-Greene Income 3-31 4- - 40c common Superior Supervised 4-14 3-20 Y.)— (quar.) Inc. 1 1 12Vic (quar.) (N. iquar.)__ Markets, 5.90% pfd. Trust 7 Textiles, 54- 30c series & 4-14 56c • _ Stern 47i% 2nd Bank 6-30 1 5- 20c (quar.i__— (quar.) 50c 7-10 5c — Co. Corp., 1 Inc.— iquar.)________, Natlbnal 3-20 25c __ Securities, Standard-Coosa-Thatcher Sterling 4- (Dallas)— .' Standard 3-31 3-21 3-13 $1.50 _ Common Starrett 4-10 3-31 3-31 Co.— Insurance preferred 5 4- 15c (Conn.) (quar.) Life 4-30 50c (quar.) & Natural 1 -4- - 65c . - .. 4-14 8 4.60% 28Vic (quar.) Co. Bank preferred common iquar.)_____ Factors Oxygen Southington 6% 4-15 170c (quar.)_____ California 4.48'% 4.56% 110c -— (quar.) Mfg. 3-3 3-; 2 6 3-31 Anglo-Canadian Pulp 3- 3-17 12 Vic $-10 <-3-17 1. 1 3-16 , 4 4-10 4- $1 (quar,)___ Corp.__. Uniforms Common 3-17 • preferred Radio 3- 3-31 3-22 Angelica Andrea 3-30 3-29 35c V, 25c 1-10 conv. 3 3-10 53 y»c 4 4.25% ■ 3- 6-26 3-31 35c (quar.) com. - 3 50c < ___• Inc. Oil— 1 3-20 .35c i'. Products. Pricnard 3- Alabama By-Products— 3-22 3-22 3 Co.— preferred conv. 3-31 4- 20c 28c pfd. $2.80 Brass • . investment prior preferred Akron Extra 3-15 3-30 38Vic • __ net » . Post Anderson 1 .3-30 40c-; Aid Investment & Discount, 5%%' preferred A 5%% preferred B . Anchor 4- . (quar.),______ Corp., of Rec. - < " (quar.)___l______________; preferred 4- * (s-a)___- 10c Glass 1 :.1 — Fund, Inc.— Class 12Vic Sicard, Inc., 6% pfd. (initial)____ Skyline Homes (quar.) Sobeys Stores, Ltd., class A___ , . . Hocking 3-20 . ' V • (reduced) 4- Il% (quar.)____ • .. 7- pfd. 3- 15c . $2.23 $4.50 1 \ . . Co., Amphenol-borg Electronics Company (quar.) *3-7 . Holderm 3-20 Anaconda $4 When 12 ViC 3-30 ,22 7acm- v . Co.— 1 Par Zinc^ Lead & Smelting] (quar.))__ 4- . V,! Payable Metal Anchor 7 7c . (increased)'.!'^ (Hartford) 4- • . (quar.) Co. Insurance 3- ::' i Co. Aetna Aetna 1 J 30c -y.—: & Surety. Co. 4- 7 • Co Corp,— 3-10 $1 — Electronics of Mae. 3-31 ,.$37 Vic Ltd., com. dividend) Payable i$387«C (quar.) Corp. ••(qu&r.)_________ Ross Holders ' 25c : Sugar Refineries, Express Advance ' 20% approval May 15) (quar.)___:.__ Ampco V7 / s- Share Amoskeag Vi-y- $42%c ,-v.y (quar.)^. Monday, March 20, 1961 . % Name of Company American the When 45c y Paper, Ltd., com. in I. 10c Addressograph-Multigraph Corp.: (quar.)— Class stockholders of • (subject (quar.)_____, . previous given Share T I IV Inc, A Electric Class 15) divid. & preferred Va% r Stock being Per,., Fitch Co._._— & Power in yl^lVlvVVVVVlVly ■ " Stores, Abercrombie 3-17 42c these Laboratories,; common .(quar. preferred (quar.)— Adams __i—' Company, conv. 25c 3-24 stock) A Abbott 4 10% announced The list does not include divi¬ week, - Name of Company ACF-Wrigley Acaaia-Atlantic (quar.) Corp. Sandura $5 4- dividends yet paid. not '.'-I (Stock Croix 60c 3-15 4- ' class B and A give the we announced .this Abitibi 15) class (new class dends 3-15 1 t5c cents) ' subject to quar.) on 3-31 .25c May Below weeks and 3-28 of payment payments class A 4 4- 10c dividend 3-20 +25c about 83 stockholders V . 15c Co._. (initial Stock (both of 1 4- 46c —__— ——— to 3-23 . preceding.table. (quar.) (quar.) (cash equal 4- lOo ._ Ltd preferred Petroleum approval St. Mfg., partic. 3-31 (Dallas).— Insurance — Research ,\.10c Z (monthly) Annual Reynolds Payable of Rec. Share (quar.) Bank (Dallas) Holders When Per Name of Company , $.033 8% % 4- 1 3-16 3-31 2- 2 5- 4- 5 per depositary share after British income tax and expenses for depositary share. Borg-Warner Corp., common 372% preferred (quar.)_^ 37a% preferred (quar.) (quar.) 50c 1 8 7 Vic 4- 1 3-13 8 7 Vic 7- 1 6- 7 a.Sb wm j'w.i w.b'faimrt wrmntkowrtwyw Volume 193 Number 6039 . .The . Commercial and, Financial Chronicle " (1233) Per Name of ,. Company Borman Food Bostic (increased quar.) Co., class A (quar.)__ Concrete Boston Insurance Boston 1 ___ (quar.)____ ___•"" Property Trust___, Corp. of North America, jliu.— preferred (quar.) J. * '4-10 3-17 > 5-15 45c 4- 5- 1 5%% preferred Bowater Mersey 5Va% (quar.)______L' Paper preference Brach (E. J.) 3-15 6% preferred (C.I Bridgeport 4Va% preferred Bridgeport 5.28% Gas Bright (T. 5% G.) Co., preferred British Bristol Bristol-Myers American Oil, American British positary (quar.)_______ B (quar.)__. C (quar.)______ 3-15 4 Va % 35c ' 3-31 3-16 4.64% 3-31 of Central Indiana 3- 7 Central Maine 3- 7 $25c 3-30 3-17 3-30 3-17 4-1 3-17 * $55c25c 4-3' 3.50% 3-20 34- $10c 4-1 $25o 4- pence After will ' de- amount to about 14c share.) British preferred (quar.) pref. B $3.80 70c $69c 4.16% Class 4% (E. Building L.) 4- 4 3-10 5% 4- 4 3-10 6% 4- 4 3-10 4- 4 3-10 (quar.) 1 Watch 3-10 Ltd. Co. Corp. Butterick 4- 1 3-20 Chesebrough-Pond," Inc. 4- 1 3-22 3-17 3-17 3-31 3-10 3-24 3- Common ; 4(4% 4Va% 4- 0 5% non-cum. 7-29 7- f 5% non-cum. 10-27 10- 8 5% non-cum. 25c (quar:)' preferred 4-20 ; t3-2S 5% non-cum. $1.12(/a v10c i'_ preferred Corp./•'common - 3-31 ' (quar.).—$1.12'/a 3-10 3-25 3-10 3- 4- 1 Chock Full O'Nuts 3-15 ' Christiana 3-17 3-17 (quar.) 3-15 Cincinnati 1 3-15 Cincinnati Gas 70c 4-1 3-10 $10c 4-14 3-17 4- 4- 3-17 Class 4- 1 -3-17 3-10 Corp.'__ : ________ (quar.)______ !____" $$1.12% __!_ $$1.25 4-1 62V2C' 3-31 3-16 4-1 3-3 3-21 3- $50c 4- 1 3-15 65c 4- 1 3-15 : ' 6 4-15 87 Vac : 3-30 3-20 5% 3- 3-3 5% (quar.) * 63c 4- 1 4- 1 Quarterly 3-15 75c -__ (quar.) 4-7 5 3-20 3-24 3-3 3-31 3-14 $1.50 - 3-15 Liquid Stock Gas, $4.75 V $1.50 States pfd. Life dividend & Inc., 3-24 3-10 31 %c 5-15 3-15 10% 4-17 3-15 10c 3-31 3-20 $1.18% 1 (s-a) Trust Co. 3-31 3-20 3-31 $2.50 _______ Bread Dry $4.25 3 3-30 4- 1 3-11 (quar.) 132 %c 3-20 2-20 2oc 4-A 3-15 __!—__ $1.06% 4* 3-15 common Ltd., (quar.)__ _'_ (quar.I 12Vac class B $15c -—_ (quar.)____!—_ A (quar. )_i__y_____^__...-_ Iron 4i'4% Foundries, preferred Canada Packers A (s-a)_ — Canada Canada Safeway, Canada Mortgage Steamship Ltd., Lines, Canadian Breweries. Canadian Bronze. 3- 3 4- 3-15 $50c 4- '$$'1.10 (increased)— 4-15 Canners, Ltd., class Ltd., common A 4-10 '4- $l8a^c (auar 2-28 3- 1 3-31 $1.75 3-31 2-24 3-24 3- Canadian Collieries preferred Canadian General Canadian: General Canadian Extra ' Resources, series General B to Electric Co. (quar.) / Co. (s-a-)__Ll_ " Insurance ; Hydrocarbons. Ltd. International (s-a • ' _l.; Power, Ltd.— 3 3-15 3-31 3-30 $15c 4-14 3-30: 3-30 3-16 ' $75c 3-30 33- 8 preferred L_" (quar.) •" Canal-Randolph Corp. "(quar. Cannon Mills; Clas3 B & Inc. (ouar.) (J. 3- 6 3 ;3- 3-31 3- 8 4- - $1.05 (quar. 1 3-15 4- 1 "3-15 & "3-31 Company^'____"_—10c Carthage General Mills Corp. - (quar.~ (quar.)___ Asbestos, Ltd. 3-31 3-15 4-28 3-31 Inc.^.4_—•— 4-28 $5c lc 4- 3-31 1 3-15 3-31 -3-15 1 Products Celanese Corp. of preferred 2nd 3 Consolidated (quar.) America, 1_-'-4 ^Oc common (quar.) "30c A*'(quar,j-r---$T.12,J4 preferred. (,quar.)_^2^—____ —$1.75 Aguirre Sugar (quar.)_jj^r_I_—" 40c • 3-24 "•"4- 1 33- 8 8 * 4- 1- --'4-15 3- Consolidated & 3-31 5 Va % 3-10 • Turbine 0-15 9-15 3-15 3- 3 40C 3-21 3- 3 15c 4- 2-24 (quar.) 4- 1 1 2-24 15c 4-11 4- 1 25c 4- 6 3-10 3-10 50c 4- 6 50c 7- 6 50c -a — 0- u: 7' 12-12 4- 1 3-17 4* ' ,1 4-15 3-171*. $75c 3-30 3-15 4-25 4-10 4- 1 3- 4- 1 3-15 4- 4 3-15 30c 3-30 3-10 50c 4- (quar.)_ 4- (quar.) $1.25 ' (s-a) common 87V2C . ;_ ; : (increased quar,) 1 1 3- pfd. 25c 3-27 3- 3-28 3- 8 3-30 3-10 $1 3-30 3-10 $1.05 3-30 3-10 $1.07 3-30 3-10 pfd. (quar.) (quar.) $1.14 3-30 $1.25 (quar.) 3-30 1 Corp. 3-10 4- 7 15c (quar.) . l%c 3-10 4- l%c 7- 7 7- 3 Quarterly l%c 10- 6 10- a 3-31 3-15 Denver-Chicago 3-25 3-10 Denver 4- 3-17 3-17 Grande Trust Life 4- 1 3-17 3-30 3-15 Detrex 4- 1 3-17 Detroit Bank 5-16 $2.50-$3.50 Chemical Detroit Edison Detroit -— 8c 3-27 3- 3-20 3- 1 _!___ 7Vic 3-29 3- 3 9 Industries Co. $1.50 6 3- 0 3-15 Diebold, 4- 1 3-15 Disney 4- 1 3-15 -V 31%c 5- 1 3-31 3-24 3-20 80c •" ' 3-31. 3- 1 $50c 0-15 0- 1 '$50c 9-15 9- 1 12-15 12- 1 50c 4- 1 3-14 - (quar.)^-', 30c 7% 4- Common $1 pref. 4-20 37Vac 5- 1 4-20 Dover 25e " 30c (quar.)_/__i._'_J__:_ Dubois 5- 1 5 3-14 Dunkirk 4-1 3-13 Du-Art 3-27 3-13 3- 4- 3-13 ' 2% 4-1 7Vac 10c $1.37Va $1.37%- Duke Power S 3-1 ^ , - $4.50 $2.10 3.75% 4.10% 4- 3-15 / 4- 1 3-13 4- 1 3-15 4,-, 3, , 3-20 4-1 3-17 ' 5-1 4-15 : 4-1 3-10 4-15 3-24 t55c 4-14 3-27 4-14 3-27 5- 1 4- 1 4- 1 3- 1 (quar.) preferred — • 115c 1-31 1 3-15 — (quar.)_ common -1:1 50c 4- 1 3-2i 3-31 3-17 25c 4- 3-15 40c — (quar.) 3-28 2-23 4- 3r20 $2 1 : (quar.) 4.15% 4.20% preferred (quar.) — (quar.)_ (quar.)—— 1 3 — 15c 4-17 4- 4-25 •: ; 4-10 4-25 4- 29Vic 1 3 4-10 3- 6 4- 3- 4- 3- 4- 3- 51%c 4- 3- 51TbC 52Vbc 44- 3- 3lVaC 3-31 3-10 52'be (quar.) 3 3- 87Vic $1.12V2 (quar.)— (quar.) Sulphur & Potash 3-15 35c 10c (quar.)__r_ (quar.) preferred 1 35c (quar.) preferred preferred 1 4- 4- " (quar.)—_______ (N. Y.) 5-10 6- S3 137V2C — ——— Inc. 3-31 $0.1146 (quar.) Inc. Co. Trust ;,i 120c 5V2% preferred preferred Duval 39c 125c tl5c Duquesne Light Co., common (quar.) 3-18 1 ; ' J17V/2C Laboratories, (quar.) preferred (quar.) 4-1 * 1 . preferred 4% 1 4. 3-23 t$1.12'/a common Film 3-16 4- 9c —" 1 4-20 125c Chemicals, $3.50 4-14 3-21 Steel, Ltd.— preferred 4- 7 15c --• 4% Duffy-Mott Co., 20c div.) Corp., 3-25 $40c \ : Dravo 3-13 - 3-31 135c Ltd., Co. 3-25 "• 9 3-17 3-31 (quar.)_ (quar.)- 3-13 " ' (from invest-' Chemical 1 - 2 1 25c (quar.) Ltd.— ."'4- $1.25 3- 3- 4- 5 6/10c Industries, Ltd. (quar.) & Rockaway RR. (s-a) 4*1 •• 3-20 3-31 10c (quar.) convertible Ltd. (Calif.). Dow 1 25c (Increased) Draper Corp. 3-20 8 A Chemical— 4- 75c $3.50 (quar.)__ (quar.)_/.l___Li_i____ (quar.)ZZZZlZZ-ZZZZZ-l 3-17' 1 (quar.) Oil Brewery, 4-13 $1.25 ^ . Tar 3-1 '4-1 30c ; Acceptance Corp., 30c pfd. (quar.) (increased quar. 3- 3-30 5- (quar.) Glass, 3-20 4-.1. 10c : 3-24 40c preferred (quar.) Douglas 3-15 4-1 ,10c : class A Dow 3-31 3-13 70c preferred (quar.) Dominion Dover Power-(quar.)L.—jwi-*- Z Common 4V2% of (quar.) Corp., 3-22- 3-10 3-13 3-21 10c (quar.) name of Dixilyn Drilling Corp. (Joseph) Crucible (quar.) Dodge Mfg. Co., $1.56 pfd. (quar.) Foundries & 1 3-10 3-20 New 5- 100% (quar.) Dixilyn Dominion 4- 3-23 3-27 25c Dixon 3-22 9 4-15 30c 15c Productions Fabrics, 3- 3-10 15c Dominion Corset, Ltd. 3-25 3-16 55c (quar.) Dominion 1 1 3-31 3-31 7V2C (quar.) (Walt) Dominion ' Corp. Inc. 3-22 . "• t Stores 5- 1 $1.37 Va __ approval Diana 3-0 3-31; 5- 3 12- 55c (quar.) 1 15c; 50c 3- 12-15 15c Diversified Corp. 14) common (quar.) (quar.) Corp., common (quar.) preferred 3- 3-31 4-10 3-20 75c (quar.) Devoe Si Raynolds Co. 3-31 7c'-;. (stock 25c s-a) Stamping (quar.) Vegh Investing Co. (from net investiri'ent income) 3-31 4-14 3-17 De 3l%c 9c Insurance— class A 1960) (increased Mfg. (reduced) International Bridge (quar.) 62%c 6834c 45c 3-31 RR.— for Detroit $1.16/;'' (quar.)__ 25c Gasket Detroit $1.25 Industries pfd. & Trust Co. 3-15 (quar. pfd. Western non-cum. 6-13 ;__ to (quar.) Denver 4-19 -____^ Paper Corp,, Ltd. A Rio Si Trucking (Quarterly) (from net income Tramway— 1 3-31 ' / 3 Quarterly 3-13 25c (quar.) ; 3-10 4- (quar.) 6-30 (quar;)_i_%_ „ 8 35c 3.70% 3-15 t Electric ' 1 3-28 4-1 •• . 3-31 30c (quar.) f 5 (quar.) preferred Estate ;>•) 25c 93%c . (quar.) .. 20c 7 12-28 (quar.) preferred preferred DeMun •> I ' — .10->'6? 50c (quar.) A — 92V2C preferred 87VaC Corp. "(quarJ B 4.20% 87'/aC ___L_!___,.,_- Investment .Trust preferred 3 9-29 (quar.) : 3-31 $1.3 3 34 Ohio Electronic preferred 7- 15c (quar.) 3-10 1 3-16 $1.75 $1 3-31 $1 (quar.) /.<*;. Consumers Gas Co., 5V2% 3-31 4 50c 1 (quar.)__ March on ■ $1.75 pfd. (quar.) Company Laval Steam 3- —_ Construction Products, Consumers 8 & Diamond National Consolidated Rock Products Class A Decca Records 4-1 ^____ (Subject income) Consolidated 3-16 (quar.) De 1 $50c Consolidated Foods ment preferred 4.28% (quar.) 3-16 3- 30c ____ Stores. Ceco Steel 4-1 lnc 2ZZ-—$10° :___ (quar.)___ Extra ' 8% Delaware Si Hudson Co Delaware Power <fc Light, 4% preferred (quar.) ' Cigar Corp., common $5 preferred 3-31 50c 5 $1.75 Consolidated Dry Goods Co., common, (quar.). $7 preferred (s-a);__L^__ n-Z Consolidated Edison (N. Y:'K $5 pfd. 4-7 3-16 (quar.)_. Dayton'Malleable Iron, 5% Dayton & Michigan RR., 5% (quar.)__ preferred, (quar.)- Consolidated 3-15 4- $1.25 1 5-1 cents " 4- 3-31 (quar.)__ common (quar.) 3%% preferred 30c common Connohio,, Inc.r_ .40 cents 40 8-15 Mills, Inc., $2 class A 3-15 3-15 4.56% — Connecticut Light .& 6 '* . Carriers Casslar W.) 3 3-20 4- 37c —________ , Carter " 3 933A*c '■ _ preferred 3- 1 " 3-31 4- A 5 $13.25 — dividend 4-15 / . (quar.) Frere, Ltd., class A Dayco Corp.— 3-15 " Water Co., 5 V2% pfd. (quar.) Life Assurance- (Toronto )-^ stockholders 3-17 . 15c 10c . (quar.) $1.75 preferred Corp., 3-17 (quar.:: (quar:)__ General Stock 5% 3-15 •_. 8 10c "ZZ ' Company, 334% 1st pfd. (quar;) <fc Light, commons :— preferred (quar.)__ Power $4.20 3r 75c . Kennedv 1 75c common - (quar.); (quar.) Baxter 4- $$2 12%c Carnation Carolina 4- 1 non-cum. 4- ineome)-_-_j Connecticut 6 4- 3-10 3-17 3-31 75c common 3-13 (quar.)__v_^—_"_v$1.31 % Investment—^-; * • Bank 3 3-31 30c Quarterly 3-20 3-16 Y.) (quar.) Connecticut 4- 20c 75c 4- preferred _ 3-10 (quar.) preferred A non-cum. 3-31 __ Quarterly 4 preferred— non-cum. 3-25 Co. Quarterly Canadian Ingersoll-Rand, Ltd .—^3—--—^ $25c Canadian Oil Cos., Ltd., 4% pfd. (quar.)—'' $$1 5% preferred (quar.)—':——-----—$$1-25 (quar.)____——__ Co. investment Confederation ;/ preferred 60c $1.25 Gas, preferred V commonwealth ;3-16 4-14 $10c _1 _—— Canadian 4- $$2 $$9( (From $2 7c (quar.) Credit 3-21. 4- 15c -(quar.)_: Southern Commonwealth 3 $30c Investment, Ltd. (quar.)— Canadian preferred ; 4.64% 5.25% Ltd.— (s-a'' ,$21/aC JF & 1 $1.31% v Publishing, $1.00 prior pfd. 65c Commonwealth , prior prior Curtiss-Wright Corp., 5-15 4- 1 $1.75 4-15 ; (increased quar.) _^_-_ v-; Commercial Solvents Corp.-(quar.) Edison Co., com. (quar.)— 2-24 $4 Curtis 3-10 4- 44- (quar.) (quar.) David & Iron— Drug Commercial 2-24 3-31 (quar.)— & Commerce 8 $30c (quar./. " $25c preferred: (quar.)_L—' $43%c preferred Oil Columbus 3-10 3-25 30c (quar.)__ Stone, Inc. preferred 4-15 45c com. Publishing, $1.60 prior pfd. Deltown Foods A (quar.)_. Interstate Gas, common preferred (quar,) Colorado 3-15 1 5-1 (quar.)___$37Vuc Celanese, 1 4- f80c $42'4c Canadian 3- 4-15 1 (quar.) 4-15 $1.37Va (quar.)__ preferred 5.35% 1 5- 125c preferred (quar.) preferred (quar.) preferred (quar.) Cummins Engine Co. (quar.) Cunningham Drug Stores (quar.) $1.12% Colorado 5% 5- (quar.) (quar.) 7V2C (quar.)__^ A 4-15 125c 10c class A (quar.) preferred 3-13 — 7% Dana 1 3-20 25c preferred preferred Deere (quar.) Co.,' & 5% 3 3- Fuel 5% 3 3- 4- Finance Colonial Sand Si Fran.) International. Ltd. (quar.) Cuban American Sugar Co., common Dan River 9- $1.12 <N. Y.), Shares— • investment income)_r— Colorado conv. 3-20 Telephone— Energy (From 3 4- (quar.) Canadian 3- 1 4- pid:/' <quar. Ltd. Ltd. Ltd. Bell 3-20 3-13 1" 6-1 "• $1.25 (N. preferred Colonial ' 1 3-31 (quar.) Pacific Ry.'1' $1.25 1 4- International Corp.— preferred ' 4- 3-31 25c 15c $2 Illuminating Bottling 12 %c __- 4% preferred Colonial 3-15 $75c (quar:)- 4.40% Texas 3-17 (quar.) 3 (quar.) $3.50 3-10 112 Vac — :__'_:.______ Permanent 3 4-15 4- 'v $l?,/~c _ B Extra 4- $75c • Extra Class & 3-10 3-10 1 15c (San 3-17 3 3-31 (quar.) America, 5%% «•' 3-151 4- (quar.) $3.50 4-28 A A (quar.) Zellerbach Corp. Crucible Steel Co. of 3- 4- 3-10 4- (quar.) 4- $1.18% 3-24 3-21 (quar.) (quar.) 3-31 3-31 31 %c A 1 3-16 10c 1 _ (quar.) common (quar.) National Bank class Cork 3-30 % 40c _______ Colgate-Palmolive 4-28 $$1.06% —__ (s-a)_ 5-15 5-15 $25c (quar.)_— common class (quar.) (quar.) Co. (quar.) 12 %c Corp., preferred A 3-27 " 10c . 3-20 1 3-30 40c preferred 3- 4- 3-31 50c $2 non-cum. 8 2-21 110c $2 3-29 $1 Suburban Corp. coca-Cola 4-28 6-9 9- 3-20 15c (quar.) 11-10 V 4-144 > $1.75 (quar.) Coca-Cola International Corp 4-28 $66c — (quar.)——,— Ltd., (quar.) dividend Cooa-Cola 3-16 5-15 5-15 $15c " Participating Canada 3-31 $15c $40c common Extra'. Class 1 6-29 >.'11-30 30c Forge-Waynesboro Telephone Cluett Peabody & Co., common (Interim) 7% preferred (quar.) 4% preferred (quar.) 3-10 4-14 Corp., Foils, 4- $62Vac —" preference Flooring, Ltd., Canada 35c (quar.) (quar.)__ 5% preferred Canada J.) Ltd., $1.30 preferred Canada Cement, Canada (N. Corp. Co., 3-10 9-28 $1.25 Clifton 3-15 3-20 1 3-31 25c (quar.) (quar.). A 3-16 4- 25c Class 3-20 $1:25 10c preferred 7 3-30 $1.25 1 (quar.)_-_ preferred (quar.) Cleveland Trencher (quar.) Clevite B Fastener Canada (quar.$1.25 (quar.) Electric (quar.) (quar.) Crown $4 $4.50 Co.— 4- 3-31 62Vac (quar.) (Florida) Cleveland A (quar.) lc Gas Stock '' Camden Camloc A City Investing Co., 5%% preferred City Products Corp. (quar.) : Clark Cable Corp.___^ 4-21 3-31 common_L____—— (quar.)_ __i Refrigerating & Terminals preferred 3-17 Co.— preferred Camden 1 37%c (ouar.)_ Ins. " Hecla, 4- 5c (quar.i_ Western California-Western Calumet 26V'4c Gas Packing California series Citizens Casualty Co. City 3-13 35c Co., Curtis Class B Interstate Telephone— preferred (quar.) California & 1 17 %c 7% 5-1 4- Electric— preferred Cincinnati 3-13 4- 3-30 (Canada), Ltd.— 1 22c (quar.) preferred 3-27 3-13 1 8c preferred Crown Trust Co. (Toronto) Crown Zellerbach 7% 10c 25c Corp. preferred preferred (increasea-quar.) Crush (quar.) Cincinnati, New Orleans 3-3 4-1 4% 4-18 4- Increased Crown 10 3-31 _ 87 Vac (quar.) B 3-15 1 37 Vac 25c common Petroleum 0 4- each (quar.) Corp. 8 3-30 7-29 1 3-24 $1.62% (quar.) Service, Inc., class A Crocker-Anglo Class 50c Si 40c for 3- 4-17 8- Five . 7% Securities, 7'/c Enquirer. Inc. 4-1 B Crosett 6 Ltd. Wheat 3-13 3-31 $$1.30 preferred 3- Copper- Co. 62Vac 37Vac 5% 3-30 (quar.)$1 pfd. series A'(quar.)____ pfd. series A (quar.)_L_ 3-13 1 4- of 4-1 $1.12 Va common pfd. series A 3-20. 3-30 '^15c •» . 3-13 Co. Company, Class 6 1 (quar.)___ pfd. Chile (R. I.) 3-22 Chicago Molded Products (quar.) Chicago Pneumatic;Tool (quar.) 3-17 3-20 -;28Vbc (quar. (quar.) preferred Central 4-15 (reduced) 4-27 , (quar.) Electric Power— California ,;--7% 3-10 3-31 5% preferred (quar.)_______^_ Chicago Milwaukee St. Paul Si Pacific RR,— 3 $12VaC _ Co.lt preferred 5%% . Credit Finance 4-15 (initial-quar.)v $12(/ac preferred :4%% Cream 5'6V4c Chicago, Burlington & Quincy RR._^____^__ Chicago Great Western Ry.~ V 30c ; Ltd., common preferred (quar.) $2.50 ; Crane Chesapeake Utilities— California f Crain 50c $1.25 Co., California Cato 3-13 $1.12Va 3-21 1 3-13 1 (quar.) (quar.) Life Insurance (Boston) Craftsman Crescent (quar.) 3-10 1 Corp. series & Reynolds, $1 Petroleum Corp. Chemical 3-13 _____________________ 1 4- Corroon 3-13 75c 3-31 15c Power, 4%% . 3-13 1 Va % 4- 4- 1 4- 87 VaC Reynolds Corp. 3-31 dividend) 10c .___ (quar.) Financial Calgary • 3-31 25c 3-10 $15c & 3-31 (quar.) 1 4-%% $5 Cowles America— preferred 1947 3-31 (quar. preferred preferred Cosden 3-1J 15c pfd. 30c 5% non-cum. pfd. (qUar.) Buzzards Bay Gas, 6% prior nfd. (auar.)___ Carey. 4-20 7c 4- (quar.)____ Ltd preferred 8% 4-20 1 27VaC 4%% of $12 (4c Shoe 4%% 6% 1 investment net (stock conv. 4- (quar.) Corporate Investors, Ltd. 17V2C Chesapeake & Ohio Ry. preferred Corroon 3-31 (quar.)__ common 1V»% (quar.) common 4-20 5- (quar.)___ (s-a) Works, 3-13 1 5- (quar.) 3-10 (quar.) Inc., Mfg., 5%- common (from Inc., Glass 333/4c 1 (quar.) Corning $1.37 Va Chartered New Cormac Chemical held $1.25 r 4- : : Mills, Butlers $1 ■•••- Trust Co. (Toronto) (quar.) Chemical Bank New York Trust Co. (quar.)_ Cnenango & Unadilla Telephone Corp.—; ; 3 Va % 3-15 1 (s-a) dividend). of 5- 62VaC $45c (quar.) (quar.) Terminal 5% 3 35c 3-10 i_ shares (stock 3-30 ? 22c.' 3-15 " :j_ (quar.) Common Burrus 8% 3- Photocopy 3Vi% (quar.). 4-15 $25c Burroughs Corp. 5% 3-31 37VaC 3-31 4Va % 3-10 1 4- Coro, Incorporated (quar.) : 10c pfd. Ltd. 3-10 One 10c $5 Company, T cash). Champion Paper & Fibre, $4.50 pfd. Chance Vought Corp. (quar.)_____ Corp.— Common I of common Products preferred 1 4- 12 %C 1% (Toronto) (quar.) Cooper-Bessemer Corp. Cooper (Peter), 6'/2% preferred , Burnham C Trust Co. 4- 93 %c 15% Insurance Cormac 100 (quar. Common Life 3-10 3 Va % (quar.) Gotham, Chamberlin 3-20 3-31 Continental — $26c i Bulora Butler 4- - 20c : Products, Extra Bush (Philai 62%c »quar.) Corp., 3-10 3-10 Industries— 3-13 4-1 (quar.) preferred preferred 5% (cuar.) Company Burlington Steel, Burns Chadburn $56c (quar ) Brunswick 3-10 95c Distillers preferred Bruce 1 1 (stock dividend) 5 , (quar.) B 3-10 4 Canada— Brown-P'orman A 4 4- $53c (quar.) preferred Class 4- Corp. Certain-teed Copper Si Steel Industries 3-31 4c preferred $$1 Brockway Glass Co., common 5% preferred (quar.) Brooke Bond 3-10 4- (Stock dividend) 4- income) Gas— preferred 4- 1 3 „ $0.00625 38c (quar.)__ prelered Century Shares (quar.) 4- 3 3- • $1.37% (quar.) Continental 35c Co., preferred ; dividend B 3 3- 55c preferred (quar.) class A (quar.) Connector, 2uc ___^ Century Acceptance Corp., will (quar.) Tauntdn Class 3-15 $1.16 (quar.) relepnone $1.35 $62c preferred preferred 3-15 1 . preferred (quar.) 5 Va% preferred (quar.) $$1.19 4%% 5% Brockton 1 4- (quar.) Central ■ 4-10 (quar.)_. Stock (quar.) 3- 1 1 (quar.) Can Co., $3.75 Continental $5 _ 4- $1.20 87%c (quar.) '•* preferred 1 44- _ A to ._ preferred $1.1834 55c preferred $2.50 _ 4(4% 3-15 (increasedl_ com. Bank pref, Cerro _ (quar.) 3-15 1 (quar. $1.40 0-9 (quar.) preferred preferred $1.50 3)' "" .__ preferred 4(4% 1 4- of City National Bank Si Trust Co. (Chicago) for each 500 shares held_____ depositary per 4- $1,02Va $5.50 share Columbia Electric, Ltd.— 5Vb% 4% dividend expenses $1.02,/a ;_ (quar.) 3- • !___ $1.12 Va1 Co., $1.40 share, per tax. Gas Power 3-17 4 36c (Increased-quar.) 3 • - (quar.) (quar.)™ Central Securities Corp.— Common (stock div. in lieu 3 4-14 com. 4- 1 $1.13 - Central Penn National 3-15 933/4c (quar.) Gas, (quar.) preferred 3-16 7 1/lOc per depositary share) (final payment of one shilling' share, free of British income tax. amount prelerred 3-30 - & D (quar.)___^ Light— L Illinois 3-30 33c Ordinary 7 income depositary Electric preferred Central 3-10 about After 4.80% 1 3-24 Ordinary per Continental preferred 42c (quar.) dividend exps. Continental 3-15 preferred (quar.) Ltd. Tobacco payment of 3-10 1 4.75%. 15c Assurance American free 1 4- 4.10% : British (Interim 4- 3-30 56 %c (quar.) % preferred British British $1.18:,4 ' 3-3 (quar.) 3% (quar.) 4-21 (quar.) common Telephone Co., preferred $28%c Ltd., Manufacturing Brass Corp. 3-10 4-1 , (quar.) Columbia Brillo 1 J20c _ $1.12% 4- Illinois Payable of Rec. $1,04 (quar.) preferred (quar.) Continental Baking Co. common $1.08% A (quar.)__ (quar.) preferred (quar.) preferred .* _ _ preferred $4.50 $4.52 preferred 4.75% When-> Holders Share Co.— $4.16 9 3-10 4.10% - 3- ■" 1 Central Z- 3-13 3-20 " Power 4- 2-24 4- Per Name of Company Consumers $1.12Va; 3-3 $$1.50 3-31 ■ ,:2oc Z'"Z~"" 3-13 , (quar.) 1 Ltd.— C 3-31 4.35% 3-3 30c common (quar.) Electric—'.' & 31c common.. (quar.) Co., preferred (quarj__^_^.j_J_J__u____^_Gas Holders Payable of Rec. f preferred 4- •• When Share ; 4-1 : Co., Hudson ■■ 4I/2% • (quar.): Co._ Brass Foundry Central / ■* 4.7.5%, pfd- (quar.)_ : " 593t.c( (quar.)__—• 02»/ac preferred Central .V: - Gas, 168%c ; (quar.) & 4-1 & I68%c ____ I Co.— Bralorne Pioneer Mines, Ltd. (s-a)__Brazilian Traction Light & Power, Brewer "162 %c Per Company Electric $2.50 ^ (quar.)— Sons & Central 3-15 Bowater 5% Name of ' 8 " 3-29 $0,474 . Holders Payable of Rec. < 20c ' 12%c Personal Co. When -. Share .. Stores 46%c 50c . . 3- - 14 (1234) The Commercial and Financial Chronicle Per JVame of Eagle East Centers Tennessee (quar.) Holdert Payuole ui Hec. 4-T7 3-31 17VaC — wauUm. When Snare Company tooti 4- __—___—_ Par Name Garfinckel 3-15 1 4 Eastern canaaa Savings & Loan c,o. (Raiixaxi Eastern 4 J25c Va preferred % Eastern +_ue Eastern $1 Eastern $o States EasUUuu uOuuK $3.60 Eanj»i La>.011 Economic Luay investment Ltu. MauCii. Eagecomo Eao Ste.i Coi p Edison 4.12 3- 1 J-ll Gecw 4- 1 3-17 General American Investors, 22 Vac 4- 4 3-r4 A (aecum.) jpuna Trust, (quar.) Ltu. American Transportation Bakeries, 1 3- 6 General 1 3- 6 General 5-xO General 3-24 3-24 t3Uc prtsxerted Natural 3-31 (quar. corp. 3-24 2-24 4- 3-17 87* $1.0o'/4 $1.03 AUtOlite Co. Bond Electric Storage Eattery Share & Products Refractories & Abrasives Vvnnamsport 6c RR. Emhart State Engelhard oil Co. 3-20 3- 6 Mills, Excelsior 3- 9 3- 3 General General 1 3-15 3-22 3-31 3-16 4oc 4-14 3-31 20c 4-10 4- 4-10 20c 4- 1 4- 1 Y.) 3-10 Brassiere, ! orm A 10c Y.) N. Ltd.— 3-21 3- 3-27 $1 1 Corp. Fairbanks $1.60 40c 4'/v preferred 5% Jr. Fajardo Eastern (Entire 20 dividend .Falstafi Fanny Family York Shops Corp. of Lite Delaware Federal Federal Bake Federal Insurance Life & Co. J.) 3-10 25c 6- 3-19 Casualty (Battle 25 c Federal Corp. (s-a) Corp., $3 preferred United Federated 7 lo B (monthly) 3-20 3- 3-20 3- lc Corp. Federated Department Stores Federation .Fibreboard & Fidelity & Deposit Co. Stock dividend Fidelity Fund, Fiduciary Inc. Mutual Fiduciary Trust Filtrol Investing $2.25 preferred A National First Bank dividend each shar; Quarterly First 12c Trenton & ox (N. J.) share new Y.i & Trust 5% (N. J.) pfd. A City, preierred 50c 4- 1 3-20 12 VaC 4- 1 3-15 6% preferred Florida f ood Power common preferred Worth Fostoria (quar.) Corp. Mfg. 5c (L.) Quarterly Fruehauf (George Fundamental Fut'erman A A.) Mfg. 3-10 3-20 4-15 4- 4- Co. Investors +30c class (quar.) Class 5- 1 8- 1 ZZ-LZZL 12 VaC 115c 3-21 11-15 30c 4- 37 VaC _■_ (quar.) 1 3-31 5 Vac 3-25 11- 1 2-28 3- 1 ; 3-16 3- 1 - 3-31 3-15 (quar.) 5 4- 5 & pfd. B (quar.) pfd. 7-14 4- 1 9- 1 6% preferred B Hercules 3-31 3-13 $1.06 V* 3-31 3-13 fl.12.Va $1.25 3-31" 3-13 4-14 '4-28 /:■' . ■4-14 1 Inc Products Hhis SuDermarkets, Electric 4- 1 : Hines (Edward) Hoerner Dauch, (quar.) 20c Lumber Boxes Co. 3- 1 1 3-15 3-17 Furnace (Increased (quar.) 5% 3-15 preferred 4- 1 4- 1 4- 3 Horizon Land Horn 3- Honmr & 7 3-27 Hotel 50c A 4-10 4-3 3-10 Houdaille 5- *13c i <K. 1,0 1 3-29 Corp. I6V4C 4-17 •• 4% 3-29 • of (stock 3-31 3-10 5'i 1 t$l 3-30 +50c ■ 25c (quar~) — 4- 3-31 preferred Finance (quar.)_, (quar.) $1.50 (quar.) • Class 3-15 6-12 5-22 9-11 8-21 12-11 $1.50 5% B 6.40% H-nt 5-22 ' '5-21- 6-i2>7 (quar f- •» > & A Lakes Great Lakes Great West pfd. conv. (quar.)^ Industries, Co. <N. Y.i Power. Ltd. Ltd. (quar.) Ltd., class Western Life Assurance Great Western Sugar, common Extra preferred Green Mountain 1 3-17 4-15 3-31 3-31 4-15 3-31 10 4-15 3-31 20c 3-31 3-15 3-31 3-15 62 Va c 3-31 3-31 18c 3-22 $1 ,—a (quar.) 2 A„ ■_ * * i._ . Greyhound Corp., preferred Power 25c common Greyhound Lines of C,anada, Ltd. Hyster ".3-10 Company 3-15 I-T-E 4-15 3-20 -Illinois 3-16 Illinois „ * 4-1 ^ 3-30. '*■ U1.40 r.3? 1 3 3-17 3-15 3-15 5% 3-24 2-14 3-31 3-8 4- 3 3-15 3 * 5- $50c (quar.)l 25c 3-15 1 4-14 50c 3-31 3-15 $1.25 3-31 3-15 iquar. j__ ' . ' $1.25 ! 6-30 $1.25 $1 Circuit : 6-15 9-30 9-15 12-28' °5 12-13 25c Cement 4-1 3-16 4- 3 4-24 4-12 57'/a c 4- 3 3-10 3-15 •v 4-15 4- 3 3-27 3- 9 3-31 3-10 25c 3-31 3-1 $1.06 V* 3-31 3- ■fL8^4C-:r- 3-Tf i.'* RR. (quar.)___ 'term capital gains) , Imperial Chemical Industries— ; Amer. dep. Imperial Clns" 1 (quar.) Central 20c 48c / ... (increased-quar.)____, ' V 40c . 5- 1 4-21 50c V.4- 1 3- 1 from long3-28 „___ 2-28 ' r 3-10 4- Co. Telephone Brick . (quar.)_i pfd. Capital Fund. Inc. (3 cents Investment income and 6 cents from 3-10 45c Bell Breaker, 4.60% Imperial 3-15 4-3 (quar.)__^- 4- 4-15 3-10 1 3-31 > 9 3-9 4-15 62Vac ... (quar.i- $1.75 1 i (increased) (quar.) 27Vic (quar.) (quar.) J (quar,).' preferred — (quar.) A com. __ preferred ——— (quar.) 3-22 . $20c (quar.) preferred 30c _ 3-15 3- (Jersey Ci( y)—— common 5% 4-1 J 40c — Door.', 5% 4- .rf25c (quar.) Mortgage, 5% mvic (incr.-quar.) - 18c 3-15 * . " & preferred Illinois — B (quar.) 57 -Ideal — (initial) 4- Inc.— pfd. Refrigerator Co. Sash 50c • Erie Hussmann ..Huttig '8-21 — ' Co., & 20c —■ conv. 3-10 ; 3-17 $40c 3-14 1 1 1 V4-15 (quar.i 11-25 4- 9334C — ; Paper, 30c _.— — 0- 4- $1.31'A Lank & Trust 1 4- 6-17 3-16 $1 — class ,3-24 10c (quar.) . 3 4- Huron .•••- 5-25 12-15 15c (quar.)_ (quar.)_ 1 9-15 7 J25c ^ Insurance Coal -6-15 1 4- ii-20 12-11 425c ,s...——..—— Co., common preferred (quar.) American $2 (quar.)— 7- 6 30c (quar.) ' 57* 3-18 3-31 5 6'Ac iquar.) dividend Corp.. no 5-22 1 4- 93 3A c common : Foods Stock -H -. • ; i 2 5c (quar.) 8-21 • 3- 31'Ac ; pref 3-15 2-24 5 6-20 < 25c Hughes-Owens Ltd.. class A (quar.) „■* 3-29 3-29 31 'Ac (quar.) Inc., 2 4- $12vac (quar.)— (quar.) common Quarterly 11-20 6-12 > 3-30 $1.75 j.__ (quar.) Corp., Gas, (Harvey) Hudson County • 3-30 1 35c (quar.) (quar.i preferred (quar.i. Natural preferred Hubbell 7 Co.— $1.50 1 5- $1.06'A (quar.) pfd. common preferred ($50 pari 5%,% preferred (q»ar.i 3-10 4-29 - 3- 5- 10% (quar.)__ (quar.) 5% 5% — 3-17 1 3-30 preferred 55c 3-30 4- 35c dividend) Ltd., class A America, preferred (quar.i 4-11 15c 37VaC Baking Co. Industries, conv 3-Li % 3-24 $1.75 Corp. $2 25 4-1... 4-17 - 5 4-10 $15c (Frank W.) 7c 10- Ltd.— Quarterly — 5 10-16 2-28 (quar.) common Corp., $4.25 pfd. Hardart 1 7- 3-24 : , Holophane Company, new com. (initial)— Home Insurance Co. (N. Y.) (stock dividend) 3-20 3- ~ 2-24 4-5 7-15 50c (quar.)__ .Hooker Chemical 20c. 3-10 3-31 4-15 45c quar.) Holly Sugar Corp., 2-24 5% 3-21 15c Hollinger Consolidated Gold Mines, 1 / $45c ___ (quar.) ruiiaixd 1 3-27 3-21 ■ 3-24 lie (quar.) 3-15 4- 3-31 3-31 " 45c' — 3- California— Insurance Ltd. 4- noc 3-17 5c —__L__ — & 3-25 . 10c 3-28 $3 (quar.) 3-31 1 % $1.50 : , (quar.)—— 3-25 25c (quar.) A 1 3-20 75c .•_2__r_x. 7— class ■3- 3-31 20c ••; 1 3-24 45c 3-15 1 4- $1.25 Inc., Light 3-15 4-1 . > 3-17 Quarterly $1.15 T 2-28 3- 50c ___ ,__2 Hllo 8-15 3-24 3-24 50c x. (quar.) Corporation 4-14 6c (annual) Spencer Bartletx 1 25c -_i_.______.Ill-—: common , Hill Fund (quar.)_ 4-—__— Powder, Hibbard ' 3-10 4-1 17.Vac Hexcel • Fund, 3-13 4-28 — v 37 Vjt.c •,:V- 4- — ; 3-13 3-31 87 VaC - ; 3-31 40c : 30c $2 class A (quar.) Hershey Creamery (quar.)__ ■ —___ (quar.i_____ -Fo.vitaee • _, ___i—; 2-21 $1.37 Va (Canada) (quar.) 2-21 — (Phila.) — 'r-933iC (quar.)_ (George) .2-21 ?.y-4- 1 66c '• 4.40% Quarterly 3-15 5-15 Houston Varnish 3-10 3-2«> 15c ; 3-10 4-' 1 1 3-13 .(quar.)—__ 3-17 1 4- 43'% c' V 4- .1 • (quar.)_. A 3-17 40C ;7 6- 3-15 A 3-17 -3-31 $1.37'/a. 30c , (quar.) class 3-10 3-31 3-31 ' (quar.i preferred B 1 preferred 1 40c ____ Co., com. A 2-28 6-20 4- 91V.C common (quar.) Products— preferred 3-15 7-20 5% (quar.) (quar.)_ 5 $1 Co., Inc. Galion 4-15 $3 ______ (quar.) Express, 7% , rets Ordinary—. Investment A common Corp., -Imperial Imperial -" Oil, Ltd. Ireland, 'ordinary 3-21 Britain (fihal)x.ju_n— 3-31 t'65c (quar.)__ _______ Great 3>• $15C — (Canada) of - Ltd.— (quar.) Tobacco. Co. $0.95 , (increased). x'.Imperial Life Assurance 1 ' 8c 5 4- 6% 54 Vac (W., T.) 3V*.r/' 4V4% *> 4- 28%c (Pa.) 3.65% E.) preferred 3 Co., Ltd., Rapids Grant 7% (quar.) (George W.) 4- Gray Drug Stores Great 4- 4-15 4-15 2-21 •• 3-21 (quar.l__ 4-15 c (stock dividend)—— Co., J.) Household Graham-Paige Corp., 60c Great 25c 27 VaC 21'A ^ 1 593aC 1 (quar.) & 3-31 8-15 Corp.— (monthly)__ Grafton Great 5-15 * 14c A (quar.) Inc. xu* 1 1 4-24 12 VaC Corp Co.. common & 3-20 5 .r Class 4-21 1 ~~ Trailer, 4-10 1 4- 4- class 3-20 4-15 2-15 8 % 4- 5 25c 2-15 1 preferred 3-20 5 4- 1 A 4-20 4- 4-15 — 5- class 3-31 3-25 4-15 25c 3- 8% 1 5% 62 Vac iquar.) 8- 9-1-1 ; Corp.— Bank Corp. 6 35c $2 ; 3-24 35c (quar.)—! 3■ 4 30c preferred 4- 4- (quar.) B 3-31 3-10 11V4C 3-15 (quar.) class 3-17 3 A 8% 3-17 3- 4- B 9-11' 1 3-31 1 % preferred $2 3-15 25c A preferred $2 2-24 . <quar.)__ dividend)_______ class 7% (monthly) preferred 3-15 1 67v $2 ?12VaC . A 3 4- 2-21 2-21 (quar.) Grand (quar..i__; 3-15. (quar.)___ 20c (quar.)_: Q -arterlv class 4- 1 (quar.)— 25c (quar.i™ Ltd. 1 preferred 1 25c 4- .3-31 19c preferred 4- 68:,/4C Helm's B 75c ' 3-10 A , ~~ 1 class 4- 1 4- class 25c (quar.). 7% 8% 20c Ltd. & 3-31 Helme 3-10 8% 25c Realty. E.) ,"3-21 5>/2% 1 3 3- 35c (quar.) Cali ornia 3-20 3oC I (Conn.)— (qdar.) preferred (quar.) 4- preferred 3-17 (quar.i- National (Walter Co. preferred 3 preferred 3-10 2-28 .3-20 25c „_•____ (Cl aries 6' 4- Trust (stock preferred G H. 3 (Chicago)— (quar.)__ 15c & 4- 4- .- — (quar.)_____ R.) 3-20 53 Vac . (quar.i— Employees 3-15 1 4-15 — (quar.) $1.50 preferred 6' 6-23 $1.50 tquar.) (W. 6% 8% -(quar.) Co. Grace 3-24 $1.05 com. preferred 1 4- (quar.) 4- $1.12 Va 1 (quar.) Ltd. Rubber 4- 25c o-x preferred F 1, 6 3-31 preferred C Heller 1 $15c — .____ preferred E (quar.) & 3-10 (quar.) Inc. F.) 4- $$1.62 >55c of Telegraph (quar.) Government 3-31 22c (quar.) (Canada), 1 6-30 t. 4c ~ Co. 4% 3-18 ~~ Bank Common 3-17 1 Stock 4-6 3- 3-31 Co., com. preferred B Hercules Exchange Bank preferred & Goodyear Tire invest¬ (quar. National 1 3 4- iquar.)__ Companies. Friedman Class (B. 3-13 ; from Corp. Foundation Fuller Goodrich 1 Worth Steel of 3- 4- 27 Vac dividend) Bros.. 3- & Machinery Co.— Foster-Forbes Glass Co., common (quar.) 5l/2r/t preferred A (quar.) Fritz! 5>'2% 3-20 "4- (quar.) A 4-20 3-21 4-15 & Inc., Financial Hein-Werner 74,10 1 3-17 15c 5M>% Products— Goldblatt • 25 VaC $1.23 Corp. class (stock 3-17 '.'•'•15c (quar.) (quar. Seal 3-15 1 16*' 1. 30c Bank 57V* 3-17 28c Company (quar.i Envelopes. Ltd., class 3-31 <■4*1 1 60c 4- 13 VxC ; Corp. Fort Frosst Gold $3 Fund Fort FrasT 6-16 $1.25 - ■ Machinery & Chemical, Forbes & Wallace. $3 class A Fram 1 3- 3-15 4- 3-17) 4- $1.50 dividend **-15 Glidden Gold _ Food Frantz 7- 3- 4-. 1 3- 3 5 • Corp., 25c Light, common (quar.) Properties, 6% preferred (quar.) Stores, Inc., common (quar.) Fair $2.40 r-iob» 1 (Oklahoma Power Fair Fcod 3-17 $1.25 income) ment Florida Florida 3- 1 3-31 Hawthorne 1 3-10 3-15 ,1 1 $1.50 (quar.)_ Hawaiian Electric 4-1 Quarterly Glickman 4- 20c Steel 3-15 4- 1'- 4- 12 Vac Inc tquar.) F.) 3-15 4% • dividend Class A (quar.)-:. <E. 1 3-15 4- 4-1 x 30c (quar.)___ Bank Aluminum, 1 3-15 9 3-10 • ___. Savings 4- 1 1 45c & 4- 5% 3- 50c (quar.)____ Corp. National Hausman ' 1—1—— preferred Mines, Girard Trust Corn 3-20 3-23 Co. Corporation Harvey 3-15 3-22 A 50c Trust Heinz( ——;—_— Greeting Cr.rds 35c (s-a). Growth Stock — (quar.) Flexing Tube Co., Yellowknife Gibson 3-23 1 1 (quar.)— Cement 3-10 50c (quar.) (H. M.) Hartford 3-13 4- 1 1 (quar.)__ 1 4- 55 c., dividend '4- 50c Corp. $4.60 Gibraltar Financial 3 4- 4- 50c Quarterly 4 36 VtC Shoe Mfg.. (quar. Com., $6 voting pfd. (quar.) Giant ___: __________ preierred Hazleton (quar.) 4-10 Co.— J.) Harris .4- (quar.)_: Corp. Portland 40c N. Harris-Intertype Southwest— (quar.) 3-15 IJ Harper 4-25 1 World, 4 %, % (quar.)_.— Co., 3-22 (quar.) 4-25 5-15 . 3-31 3-20 (N. Y.). (quar.) 57*' preferred D Georgia 40c (Jersey $5 preferred (quar.) Fitciiburg Paper lo., class A Fleming Company, common 5% Power 1 (quar, i 6V* 3-1 Hinde 5- Special , A 4-3 (quar.) 8 3-15 (quar.) Co.. & 5-15 333/4c (quar.)_ 75c _ ' Stock (increased-quar.) Giant (quar.) (Chicago) National Stores Firstamerica Farts preferred Gera ; tquar.t preferred Stock 1 for (quar.) 3- Brace 3 3-10 1 Farms 3-24 35c 33/>»% common Georgia-Pacific — ~20c iN. (initial quar.)_ Bank & Trust National 3- 1 Y.) International, .Ltd.— 1st pref. A (quar.,) L_ Harding Carpets, Ltd.; com..1 (quar.) Harnischfeger Corp., common Boston. $5 3-30 1 Rubber, $4.92 preferred 2-23 4- 75c (quar.) hank Co., Bank oommon Inc., Georgia 8-JJ 1 J & 57 Vac National Porter 1 of 7 3—2 River Banking Quarterly City) 5- '5- .'.'.'4- 60c (quar.) 4-24 Bank National Bank First 2-17 7YaC (quarj) P?.. National 3-20 3-17 52c Genung's, Inc. (quar.) George Putnam, see Putnam 3-15 3- 36 VtC a Filchburg Papir Co., class New 3-30 3-31 37 V-ac preferred preferred $3 50 2 3-20 : (quar.) payment Pennsylvania •Fiscner 3- 35c ._ common Toms Tire 5Vs>% 3-15 '3-25 9c Hardee 20c (quar.) Genesco, 3-10 4-20 held)__ City Philadelphia, First Co.__ (Boston) ox (% cash National First held) i (quar.) Luna National Bank Stocx 3-31 Harcourt 3- 3 $1,061/4 6%, preferred (quar.)___'——_____ 7 8 3-20 $1.12 Va Hanover Shoe, Inc. (quar.) Harbison-Walker Refractories— 3r 8 3- ' . (quar.)__ 3-13 $1.50 (quar.) Genuine 9 (quar.) Industrial First First 4-28 3-10 25c preferred ' ■ __________— 3-20 31 V4c preferred (quar. 4V2% preferred (quar.)„ $5 preferred (quar.), 4-10 1 45c Y.) (quar.) General Corp., Financial First 1 4- I 4V4 % — for each <quar.)_, <N. 6- 4-28 Corp. Financial First (Bait.) share (1 8 27 Vac (N. Y.) (quar.) Products (quar.) 4V2% 3-15 3- 3-10 4- 25c * • Insurance » 7 1 1 ,27c Co.— ! (N. 44- 4- (special)- Paper Hauserman (quar.) preferred 3 3-^J 3-22 35c (quar.) Paper Bank • $15c $22 Vac 60c Hanover Ohio— of preferred 3- 4-18 15c Hanover s Missouri— preferred General 8 37VaC (quar.) Trust Paper 33- 12 Vac ; . Bank 3-20 3-20 3 5 62 VaC — 5.28% 8 Vac Fed-Mart convertible 4.75V* 8 Vac. j 4- 3-23 ,25c (quar.)_ 4.25% 1 Quarterly ; 4.36% (monthly) Extra Class 3- 4- (quar.) tquar.) Harsco (quar.)__. preferred 3-15 $50c i 3-10 3-28 32 Vac (quar.)_ 4.40% 1 6V4C Inc. preierred 4- 65c General Telephone & Electronics, com. (quar.) 6 3-15 4- _____ 4-10 25c Telephone Co. (Wise.)— preferred (quar.) $4.50 (quar.)__ 3-13 Co. of the Southeast— preferred 8-18 1 (quar.)____—_ common 174 7* 40c (quar.) preferred General 2-10 3-15 preferred 5.60% Corp. of Delaware— A Class 3- 3-28 75c (quar,)_ 3-15 5c Resources 3 Telephone Co. of Pennsylvania— 5 Va % Creek)— Quarterly Federal 1 3 5-26 9-11 > 10c 3-30 59 3/8 c Telephone Co. of the $2.20 preferred (quar.)— 5.10 % preferred (quar.) 3-16 — 4- " : General 3-31 Hamilton Mfg. ' common— Kentucky— (quar.) Co. General Telephone 5.80% preferred 4-21 10c 1 5-1 50c . (quar.)—_! 3-14 3- 1 6-12 4- (quar.) Cosco, Hamilton of preferred 1 3-31 (quar.)__ (N. Telephone 4-28 25c (quar.) Xerox 17c : preferredv(quar.) $2.10 3-15 4-14 - — 4-:.i. 25c. «—_—— (quar.) 4- 3-24 Ltd., preferred 3-10 Illinois— Telephone Co. of preferred A (quar.) General (quar.)___— J.) preferred 3-15 50c (quar.)__ ('N. Inc. Shops, L*'< 5- .. 75c preferred (quar.) Telephone Co. of Michigan— preferred (quar.) 3-15 1 1st 2-27; 4-17.. 30c __. voting 1 4- 1 (quar.) .',3-31 V 25c —1 VJ of preferred 3-31 $3 ; Insurance'Co. voting (s-a)_ Co. Hamilton of Indiana— Co. Mines, Ltd. Haloid $1.25 . (quar.) 4- Sjxacuse, iquar.)___ 4-14 5- $1.16 (quar.)__ —; 3-17 3- Telephone (quar.) 3-10 4- 3-20 $1 1 $1.29 preferred 3-17 3-31 93J/*c — (quar.)__ preferred preferred Hammermill (quar.)—__. Co. 4.64% 3-24 37* —: Co. preferred 25c _ 3-31 5- $1.25 7c — (quar.)_ Telephone 80c (|quar.) Insurance 3-15 12 Vac $1.25 4-26 4-25 61c — tquar. > 1 4-15 $22 VaC (quar.)__ RR.— Hall — $1.40 (quar.)— of State (Boston) $1.25 (quar.) 4- 20c 25C General this 3-10 (quar.) Co., Brass, 5V* * 4-25 6% 3-20 (Montgom¬ (W. F.) Printing (quar.) Halliburton Co. (quar.)___ 5-15 40c preierred Farrel-Birmingham Co. Federal plus — 6% Candy Traders «& share per Hahn 7 5-15 $1.35 on 2-28 4-15 (auar.) preierred Power ' 2-24 (quar.)--— (Jacksonville) Ohio uustin-Bacon 3-17 33c General redemption )' Finance Farmers 1 3- 32 VaC $6 2-24 4- 3 rv 7 1 3-31 (quar.) $2.40 preferred— ior $31 Brewing, Farmers B&nk 1 62 Vac ___________ $2 called at Farmer New (initial)- Sugar, issue March 4- 1 4- (quar.) General 2-24 $1 ,4- preferred $2,375 2-28 1 Gunnar •3-24 preferred General 3-16 4- 3-24 1 15c (quar.)— preferred B General (quar.) (quar.) prefeired 3-31 40c Whitney Corp.— preierred (quar.) conv. Fairmont Foods, common 3-30 1 4- 27 VaC Cement General Telephone 3-17 10c 4- $1.30 80c Fabrex 5.16% $1.32 7 3-20 4-29 37 Vac (incieased)___— 50c (quar.) preferred $2.50 4- 3 ' 3-21 $llc • 3- $5 Gulf Telephone Co. of California— $1.80 :T (initial) 1 $1 — 5% preferred (quar.)— General Telephone Co. of Florida, 3 30c (quar.) (Olean, 4- (interim) Reiractories General 3-17 37V2C __ 2c ' 3-17 — 6 ^— Reinsurance Corp. (quar.) Shale Products Corp. (quar.;.——— General Steel Casting Corp. (quar.)—— 5-20 4-14 $1 710c (quar.) Engineering (Canada) preierred 3-17. 3- General 3-17 6-10 & ' General 3-15 15c preferred General 4-20 3-31 4-21 25c : (N. Preierred 5- 6 $5 " 1 1 (quar.) Signal (quar.). General Realty & UtilitiesLiquidating distribution^—; 3-10 2- 30c (quar.) Bank Exquisite 3-31 4-12 Mobile 50c — Rahway 3-20 Gulf 4- iquar.) (quar.) Portland 3-20 1.16 Va (quar.) National preierred 3-30 10% 3-r7 4-27 A 10c 4- 37 VaC Ltd. Corp. 3-30 20c Insurance Exchange 5 $5 3-31 4-14 1 Extra $2 (quar.; General Investors Trust 4- 20c Inc Corp. 2-27 1 5 6 Vic (quar.) Electric, Motors (quar.)__ (quar.)—— 3-10, — 1 5- — class Lite Insurance 10c (quar.)_ Co. 2 jC (s-a) 1 (quar.) Oil General (s-a) Industries Ex-Cell-O Electric preierred General Equity Oil Co (s-a)___! .Erwin Crude General 3 (quar.) Co. (quar.) Freignt Corp. Air Empire General 2-27 3 Mfg. Emery 2-27 3- 30C (quar.) 5- Corp.— A 1 67c common common 1 Corp.— Consolidated 4- (reduced) 4- 12 Vac Water Gulf (quar.) tquar.)_ Finance Controls, 2-27 4- aivia.) 3-13 (q^ar.) preferred 1 4-17 — (quar.) Electric Mfg. Emerson Common 5 Va % 50c (stk. 1 5c Corp., 3-31 .__— (quar.) 4- 10c 3-17 37 Vac (increased) Guaranty Trust JlOc Corp. preferred Contract 4-1 (quar.)__ (Cain.) Ltu. Cable 1st General 4- 15C Emeu, 4% Ala.) ery, 1 37 Vac Guaxanty Savings Lixe Insurance 3 0- 3-13 ; 60c (oalii.) 3-.1 3-29 Aircraft 1 (quar.) Co 2oC —— Engineering Elizabethtown Box $1.34 (quar.) (quar.)— corp. 1 4- Grumman 4- - 32 Vac —— (quar.) Electric Elmira 1 4- (quar.) "3-1 4- ' Bancsnares General 3-15 $1.18 America ox 1 (quar.) Baking Co., $>3 pfd. General 3-18 3-31 —. -■'4- 10c ' 3-17 3-^1 15c — Gas, common otop-iSuC Electronic 3-1J 137 Vac $1.12 Va (quar.)—.____ Ltd.. Wine, Holdert Payable of Rec. 35c __ (quar.) (quar.) Growers Ltd 44- VaC tC (quar.) Grinnell Corp. 1 • General (quar.) Electro General _____ (quar.——. Electrical Oil — pieierred Electric American 90c — prexerrea preierred tv General 7 Co.— preierred Paso 7 4- ______ 4.72% 5.0b 4- ouc uiviuena) 4Vi% 1 r quar.i-— ;— 3-10 3- $1.12 Va 1 8 preferred 1 125c (quar.) 5- /■ (quar.) tn Liasuo preierred conv. 3-24 1 $51.3/ 5- tq«ar.>_-. 4.t>0y* El $4.50 5% 4- — common Share Company Grlesedleck Company, common (increased) 5% convertible preferred (quar.) $1.25 + (quar.) Ltd *x.76 — iquar.)_______—i ouures, Ciiectrxc preferred Mines, 3-15 tiuc ____. 3-27 Fund (quar.) Stock « uios. jpaso Svocx (quar.)— 4- tquar.)_—______—___: Balanced nuwaid cc preierred 5l,!st'7o 3-24 (quar.)- When Per Name of 3-15 4-10 10c common $1.00 pxu. Co., euuniion riuward Co., 2oc 3 3-31 lec ' (reduced,' Power 10 % («c.uiu,) preferred oc, 5V* 28 Vac ,L__ 7 Vac (quar.) $7 "Loxp., B prexerxeu 2-27 I Inc. 3-31 (quar.) (quar.) — t>ceel Gatlneau 45c (quar.) cuvideud)__ tstocx common (quar.) s„ain*ess GariocK, 4- $1.12 Va x.) (xs. Assn., 3-20 2-27 of Rec. Monday, March 20, 1961 . . Holdert Payable (quar.) common preferred 1 4- Co., Lreigiulmes 3-23 •toe xx.aawaiCo, (quar.) axis. Racing prelerrea Eaoterxx El ruei cc c>as Va % Garreit : & When Share of Company . . • $30c 4»• l . 1 ■ 8 " 2-15 3-15 3-30 3- « & i-c 14 V': ' t V; , '' w infln re iu*twfitw«aiNMf mmm tiwmowMiiMmtotiemiii^ito!W«Fiumiewwrwwmiwatoi6flrcMmiiH.'A«iif<*w# <w V nft' *WCilJ»rt»!««S»miS»BK^^ *F Volume 193 Number 6039 . . The Commercial and Financial Chronicle . (1235) Per Hame of J Imperial Company Tobacco Indiana & 4Va% preferred 4.12% 4% - of Michigan & preferred v ,.v Acceptance. Stock 6 Kingsport 4-15 4- 3 4- 3-17 Kirby.-Cogeshall-Stein KirSch preferred (quar.) preferred preierred Insurance i Iron $$1 (Chicago) par tic preferred V Worlds, Cor r (quar.)— Ltd Harvester International Minerals $1.20 , preferred '-(monthly) 3 .1.1 1 3-16 3-15 3-10 i- Kroger :. 4-15 2nd Chemicals & 3-31 ' 2-28 Labail 4-15 3-15 Lacieue 3-30 ; 3-13 John), 1 47c preferred .(quar.) " Intern«cional Nickel Co. Power International of Canada, Salt Siioe Co. International Silver, 3-30 '5% , 3-^0 uid. ■ 3-20 3-Z2- 3-10/ 3-20 3- 10c 4-10 3-27 $32 Vac 4- 1 3-10 • preierred B 26'Ac 4- 1-- (quar.) $1 4- 1 common 4- 1 3-10 4- 1 Lamoert 3-14- 45c International ;':i- 3-14 :" preierred A Interstate $4.80 -a Bakeries Corp., Finance Interstate Financial Power" Co., 6c >• ' from '(quar.) % 67c 4-15 4- 3-16 McCall 3-16 6-16 A $20c , 1 Funding, (From list income and 24c 3-10 , 9-15 12-29 12-15 A A ; 2-24 Lay 3-15 Leath 4-15 3-15 4-10 4- 4-10 4- LL. & Leini 1 2c 3-28 .3-31 ■rVv--'" — r- 2-28 4-17 37 Vic 8- 1 7-18 25c 8- 1 7-18 37V2C 11- 1 10-18 25c (quar.) 1' 11- 1 10-18 — 3-15 20c (initial) A 5■% 3-20 12VaC 3- .3-20 Medusa 3-10 preferred (quar.) Extra Iowa itiectric Light & Power, com. 4- 7 3-21 Merchants 4- Portland (quar.) 53a/4C 4- 1 C ser. (quar.) 60c 4- 1 3-15 Iowa Power 3.30% & preferred preferred preferred 5- 5 4-14 4- 1 3-15 7% 4- 1 3-15 Iron Fireman Irving Trust Mfg. Co. $1.20 4- 1 3-15 37c 4- 3 3- 6 40c 4- 1 3- 1 dividend) (stock Y.) (N. (quar.) Service, Jamaica Public 7% Inc 17 '/2c Service, cumulative 4- 4-11 3 common—}30c Ltd., preference 4- 4 ' .. f$1.75 4- 4 pfd. (quar.) 4-20 3-i0 4-14 3-10 4- 3-10 , 1 4-, l', stockholders Mesta 7% 25% a stock Loolaw Groceterias $1.60 Lock Joint Pipe "B" iquar.)___ 4- 4 2-28 Locke cumulative preference "C" "D" cumulative preference"E" (quar.):— xl'V/c 4- 4 2-28 Logan (Jonathan) (quar.)_c_ xlV4 % .4- 4 2-28 Lone (quar.) xlli'c 4- 4 2-28 Lone ' Lone 67^ 1. Jamaica Water !»5 xl%(-c t ; Supply Co.—• preferred Jamestown preference A • IN. i $1.25 — Y.) 3-31 4- 1 3-15 Star. Star Long — Chain preferred 1st Jeannette 77c Glass, (quar.) (quar.) Electric iquar.) Jenkins Bros, 3-20 4.35%. preferred 3-31 3-10 4.35% 37 Vic 3-24 3-17 common- $1.50 3-24 35c 1— — 5-31 preferred 1 3-16 (quar.) 87'/a c 3-27 3-17 3 3 3- 3 $1.62 % 3- 1 2-20 3 3-17 Meyer Michigan Gas & Electric, (H. H.) 3-17 4- 3 3-15 3-21 2-17 Michigan 4- 3-10 Middle Packing, South States 1 4-1 4.40% 5- 3-1 4-15 preferred Gas preferred 3-31 Lorain Telephone. 5% 3- Lorillard 57c preferred Johnson A (quar.)— Service Co. Steel (quar.) Corp., 36V2C 3-31 J-31 3- • 25c 3-31 3-17 ■' $4 ¥ preferred Rapids RR.— (quar.) - - • __l (quar.)— $4.20 preferred (quar.) $4.35 preferred $4.50 preferred (quar t 2-^6 6- 1 5-15 6- 1 5-15 ■ 4- $2 5'/a % Telephone Co. Corp., Minerals & Co. 4- 1 3-10 Mirro Aluminum Co. 3-10 Mississippi Glass Co. (quar.) 1 3-10 Mississippi $1.28Va 4- 1 3-10 4- 3 Factors Corp. & Minnesota Power $6- 47c Southern City 6- 1 5-15 1 5-15 Lynn .6-1 Mississippi River Fuel Mississippi Mobile 62Vic 4- 1 3-20 $1.25 4- 1 3-17 4-1 3-3 3 '/a % 4- 1 3-3 4.20% 55c 4-10 3-30 non-cumulative ._! preferred 50c 4-15 42c 3-31 $1.07 3-31 4.60% preferred (quar.) $1.15 3-31 3-10 4.32% r preferred (quar.)___ $1.08 3-31 3-10 1 3-15 5% preferred Kansas 4Vi% 5% Natural (quar.) Light preferred x__ Gas, com. quar.)— 16c preferred 3Vi% preferred Kelsey-Hayes Co. Kendall Kendall $4.50 Refining Co._ Kennecott Copper Kent-Moore Kentucky Kerr-McGee x r 4Vaif- Ltd. Keystone 1st pfd. Custodian ' Class Funds, 3-18 .4- 1 3-15 Monarch 3-30 3-22 Monroe 4-14 3-16 4- 3-23 Co. & • $10c Quarterly 4- 1 3-15 $6c 11 'Ac 1 3- 1 3-27 3-13 3-13 4- 1 50c 3-31 4-1 4-20 3-15 3- 8 3-31 $25c ! shs. 40c . (quar.) 3-28 4-14 4- Gas, A Co. preferred & — Co. Sugar. Moore Co. Corp., Ltd., preferred A 7% preferred B Moore 3-20 National Bank Co. L—1" ; 7 Maple Leaf 2-28 3-23 ,Co., -4-1- ;-"3-io 4- 1 ; 4-1 30c < (Final 3-10 3- 7 A- prior preferred (quar.) Forging, common (quar.)—:_— Drop 3-17 2-17 Morrell 2-17 Mother's 3-28 3-14 Motor 4- 3-14 ■- Ltd. Inc.— (John) & Co. Cookie Finance Diablo Mount income Co. (initial quar.) 3-31 Murphy Corp. 3-31 3-17 Ohio Mfg. (quar.)_——— Muskegon Piston Ring (reduced) tax and yor 1960. expenses 6 % y System, preferred . Natco Corp. National 5% 4- and class B 10c . . 4-15 3-31 Marine Midland Corp. (quar.) 25c ■ 4- 4 1 4-15 3 4- 1 3- $$1.12% 4- 1 3 $25c 4- 1 3-13 4-11 3-10- 4-14 3-31 4-14 3-31 4- 1 3- 3 t$1.75 4- 1 3- 4- 1 3- common 3 62'/a C 20c 3-24 3-1Q 4- 1 3-15 4- 1 3-15 4-/1 3-15 4-14 3-15 3-30 3-15 7-14 6-15 $1.25 3-29 3-10 6-20 6- 5-31 5-12 1 4-14 3-20 3-31 3-17 C 3-22 3- 6 4- 1 3--17 3-31 3-10 ; quar.). 9c 4-15 3-31 37 %c (increased (quar.)_ (quar.) Eellas Nation-Wide 4-15 3-31 20c — Hess. Inc. Securities 17 VaC (s-a) (Md.) (from 3-17 vestment income) —— 4- 3 3-20 net In¬ 16c —___ —r; i.-1 3 10c ' A 3- .. .. , 1 3- 1 50c Murray Mutual less for de- 1. 12'/a 4-15 positary. Dividend will amount to about 6c per depositary share) 3- 44- 22 Vac (quar.) (auar.) $15c - 3- .9 ■3-18 1 6c Mueller -, 3-28, 4- 35c Mountain States Tel. & Tel. . — (quar.) Co. 3-20 3-15 Brass (quar.) (s-a) preferred 7% 3-31 •}-, ,3/22 30c $3.50 4-15 i-v,'; 12'/ac l'/a% 10c s-a) $5 pfd. $30c the 8-20 $1 (quar.)— (Initial Co. Corp., (quar.) for 8-31 59%c preferred 65c .. payment British y 4%%o (quar.).. Ltd.—, 3 5-2C- 20c 1 3-21 * ■ 3 3- 5-31 15c +$3 (quar.) 3- 3-29 t$1.75 (quar.) — (quar.) Lines Moore-McCormack $2.50 — 50c (Detroit)— Y.) 3-29 +20c (quar.). (quar.)__— 3-21 Marconi International Marine Communication »♦ 28J/«o Milling, (N. $22 Vac 15c (qu.ar.)_— 50e Trust 4-15 3-10 $35c (quar.)— 2% Quarterly Manufacturers 2 3-31 25c (quar.) — Morgan Guaranty Trust (N. Y.) (quar.) 1 6 5- $1.75 4'/a% common 7% 3-13 (s-a)__ 6 $1.17% ; common 2% Company (quar.) Ltd., 6% preierred 6 3- 140c 1 4- 3- 3-20 $1.12 Va : Trust 4- 6 $1.75 (.accum.) 3- 3-20 15c :— Co., Chemical 4- :. 3-20 3-20 25c (quar.) Ward Montreal 3-13 (stock dividend) 3-20 1 (Schenectady, N. Y.) (quar.) Montrose 3-16 6-14 (B.) Manufacturers 3-21 7% Shirt dividend 3-15 4- $1.05 pref. (quar.) Montreal Locomotive Works Ltd. (quar.) 1 5c 1 1 87»/aC Ltd., 59%c ; 3-10 44- 10c (quar.) (quar.)_ Knitting, 4- (quar.) 3-27 $1.22'/a Mfg. j/quar.) Monarch 3-31 6-30 $25c (quar.) 6 30c Equipment "(stock dividend) — Utilities, common (quar.)— preferred Class 3- 27'/a C (quar.) (quar.) preferred Montgomery 31c (quar.) iquar.) common 3- 20c — priority 1 3-31 45c 1 3- - 4.50% 4- 3-20 — Tile Auto 4.70% 3- 3-31 655/sC (quar.I Ltd., preferred Manitoba 2-28 --'.v 40e »';• (quar.)___— 3-31 (quar.) (quar.) Co. Service, Manischewitz 3-15 J20c ! y 3-31 $6c ; Maple Leaf Gardens, Ltd. (quar.) quar;)_____l—, preferred (quar.)__-_— 4.80% Stock . Oil Industries— prior 1 ~ L common shares Manhattan 3-15 1 4- 1 5% divid.) (increased Keyes Fibre, •i if 1 4- 35c Co.— Mines, 4- 2% Corp., class A Corp. Manchester 3-15 $1.12Vi . .Common Monarch $19c Majestlc-Penn State 9-15 40c (quar.)__ (stk. Ltd.—: Paper, (quar,) (Joseph) Priority 12-15 $1.25 Inc. (R. H.) Maine Public 6-15 7- 1 10- 2 1-2-62 Corp (quar.) Kerr-Addison Gold 3-18 i-_; Inc., (G. B.) 4.75% 87Vic 87Vic Common if t! Stone 1 (stock dividend) (initial). preferred Mailman 3-15 4- 87Vic —-— preferred Organization, 4- * B Magnin 3-16 25c Company, Macy 3-15 1 & (initial) Truck, Macke 3-10 1 3-31 87Vic (quar.)——— (reduced) 3-24 A 5V»% 3 4- 3-15 $1.15 . (quar.)—^• iquar.)—— ——— preferred 3Vi"£ 3- 3-13 1 (ouar.) 55c Extra Mack 3-3 1 Class Class " 20c _ , 1 1 4- 30c (quar.)—— B $1.50 Extra 3- '• •) 4- Power " 3-15 1 4- > 1 4- 15c — (quar.)_____—___— Kelling Nut, 6%; preferred (quar.) 1— Kellogg Company— 3 Vi % preferred (quar.)^ —_—*—3V2 % 3-31 4- $1.12Vi $1.25 — (quar.) Corp. 4- 26c $1.25 37c . (quar.)__ Company ' (quar.)-— (increased preferred (quar.) Kayser-Roth (quar.) common & Power Kawneer s-: (quar.) 4 Electric, Kansas-Nebraska & MacLaren 3-10 & A Class Mills n i! ?-20 15c Class quar.) 5 Ltd.— Brewery, 3-17 20c Foundry _L Electric (increased 4-10 50c (quar.) 3-15 . 3- $22 %c Co. 20c (quar.)_ 1 40c Rubber 1 —— 3-5 4- $1.10 (quar.)— Bank 3-16 1 (quar.) : Montana-Dakota 3-10 (quar.)_ Gas Molsen's 3-1G 3-30 4- 3-3.1 (quar.) 4-14 - $25c (quar.)__^ 3-30 25c 3-15 Quarterly , 3-15 1 (quar.) National Mohawk 3-20 • preferred Kansas 3-31 3-30 $50c (s-a) Ltd. common Macfadden Publications Ky.— 3-31 4-15 3-31 15c 1 pfd. 4.40% common preferred 4-15 (i 3-20 5- (quar.)—_____— preferred 25c 3-20 1 (quar.)_ pfd. common Mohasco Industries, 38c 4- Service, preferred 31 "Ac (quar.)_ 1 4- 4- Valley Gas Co. Gas Mohawk (1 4- 40c (quar.) 3-15 5-1-5 ... Co., 3-15 Lynchburg 6- $1.05 4.28% > preferred Power 3-15 $1.75 3-15 4- $1.25 (quar.) Light, 5% 1 55c 3-17 3 15c Paper 3-31 common Co.. Typograph, & 4- (quar.)— 1 4- 56'Ac (quar.) Ontario preferred 4.90%; 3-17 4- l'Ac (quar.) (quar.) 1 4- (quar.) 1 $1.37 '/a 12 '/2C * 4- 30c 3-13 Chemicals-Philipp Corp.— (quar.) (quar.) $1.08% (quar.)__L.'___ Power -— 3-10 4.60% 9 3-31 10c (quar.)— 3- Mill 1 3- 56'Ac : Midwest Rubber Reclaiming Co., com. 4 '/a % preferred (quar.) 3 3- 1 75c —— Co., Inc., com. (quar'.)—* preferred (quar.) Fails B 1 4- 15c (quar.)— conv. Millers 4- Illinois— (quar.) 1 (quar.) M.) of common preferred Miller-Wohl 9 4-16 23c 1st %' 3-16 1 $1.25 Mid-West Abrasive Co 4 Va 3-31 5- 26'/a C (increased) $1.08% — Sons_ Inc. 50c $1.10 4- (quar.) Electric, (quar.) (quar.) 25c Club Lawrence $1.08aA , . & (M.) (Walter Ludlow * Kansas St. Lowney $1.1272 (quar.) —i Gas preferred Lower 3-15 3-20 95c — 1 58c - (quar.) com. 5% Lowenstein $1 Light, & -* Athletic pfd. common 3-20 , Angeles 6Va% Co.— Utilities Minnesota (P.) Louisville 3-17 $1.44 pfd. A $1.25 $1.06% Company,: common preferred (quar.)__ 7% 3-18 Los :! preferred 3-31 (quar.)_ Semi-annually $3.80 : 3 —.—:— preferred $1.46 Power : 1 y:j\' preferred (quar.) Kalamazoo, Allegan & Grand City 50c — 5%7c Kansas 4- $1.25 v;,:- Kaiser tl5c (quar.) ;r . preferred oi (quar.) Utilities Midland-Ross 3-15 (initial quar.) pfd. 5% 1 1 4-10 (quar.) Dock, 4- 4- 10c 4-14 Jockey Club. Ltd.. 6% & 3-17 95c. $1.1125 3-10 Longhorn Portland Cement. Coal 3-17f: 4-14 (quar.) ;y: (quar.) Lorain 8+3 V ■ preferred 1 /• (quar.) 7-18 V 40c 3 Co.— 1 17 %c Co.— 3- 3-13 8- 3-10 4- 1 3-30 93%c 3-29 ' 4- 25c (quar.) 3-10 'm—L'mm 62'/a C $1.0875 30c (quar.)_____'_ preferred split— (quar.) Class 3%7c 3-23 20c 1 four-for-one (quar.)_ preferred Common Long Mile Rubber 3-10 4.35% 25c preferred H (quar.)_ Long Island Trust (N. Y.) (quar.) 3-17 3-10 1 3-15 3-15 4-17 1 1 3-20 5-17 4- 4- 3 ' - 40c 87'/a C 3- 3-17 1 (quar.)_ 3- 1 5- 4-10 3- 3 93:,/4C (quar.) common 3-10 1 1 (quar.) Co., 1 4-25 1 4- preferred Tea 4- 17'/a c 4- 4- 3% % Jewel (Increased) 4- 3-31 — (quar.) 3-17 45c (quar.) $0,975 4- F 1 $0.9625 50c E 4- (quar.) 17Vic D preferred 3-15 25c, preferred $40c 5'A% 37c ' » — shares Founders 3-20 4-3 15c dividend) : non-voting 4-18 $1.75 (stock common preferred Jefferson 3-27 1 3.90% 4- __ B ; (quar.) 4 V* % 2-20 1 4- 3.85% (quar.)___ Lighting preferred 1 5- 45c 1 3-15 ' after 2-for-l split Island .5% 4- 25C Line common ' 5% 3-17 4- 20c I Ay' 3-24 1 1 12Vac : 3 4- preferred :>(quar.)_ preferred (quar.) 4- 3 ________ Gas— 4- 3.80% (quar.) ■—1.—; Cement 5- 50c 50c (quar.) (quar.) . Increased <quar. )• * Inc. Brewing New com. 3-15 $1.25 (quar.)— Telephone . Steel Star 3-17 1 6-16 Middle (quar.) Co.' (quar.) 1 6- 3-17 split 1 3-15 4- 10c • 3-31 25c $25C (quar.) 1 ',5% (quar.) 2% 3-17 3-17 3-15 4- 33>/3% -r pref. scries B 1st 3-31 3-17 • '.i Co.,'Ltd.— . 3-30 15c (quar.) 3-30 7- $1.75 A 3-17 3-30 4r Wayne)— dividend 3-15 3-30 4.45%; (initial) ciass 4-10 3-30 $1.38 Inc., 7% preferred (quar.) Metro-Goldwyn-Mayer Inc. (quar.)____'iii-^^u--! (Bir¬ two-ior-one a 1 c 87c (quar.) approved preferred 30c (Fort 5- 3-10 Engineering— Metropolitan Edison 35c Ins. 3-10 3-17 $1.50 Metro, 3-10 . 1 20c (quar.) Motor Machine 1 4- 15c Co. & 4- 4-1 62'/a ___: Co. Co., Inc., 4% Rollway Corp., cumulative preference Co. (Va.) -iquar.) Life 5 7c cumulative Insurance approved common (quar.) 3-31 1 4-14 __$1.543-56 (quar.)_.— 7% 77c 10c 75 c 20c ; 5- $1.43% (initial) r_- Co. Stockholders pills 2-28 — (quar.) 4-14 dividend National New 2-28 (quar.) Life preferred Lipe Jahncke common 3oc dividend Lincoln (quar.) : 7 Merck Liggett & Myers Tobacco Co.— 40c (quar.) 7 4- (St. Louis) Fast 7 4-28 $3.50 preferred, (quar.) Mergenthaler Linotype Co.— New common (initial) (increased) Insurance Stock $1.083/4 (quar.) (quar.) 4.80% Lite 82V2C Light, common 4.357c (quar.)— National mingham) 3-15 preferred (quar.) 4- 85c 2-24 & 3-10 4-28 -7 3-10 4% preferred Liberty 1 preferred 4.807c. 93 %c 4- 3-27 10c 3-10 1 4- 3-24 $1.12Va 1 4- 4-28 50c dividend Stock 45c 4.30% V (quar.) (increased quar.) Cement (quar.) Mercantile Trust (quar.) 4- 4-28 3% common 3-10 $$1.50 Co. 12 Vic (quar.) 3-10 3-31 ; & 1 iquar.)— 3-15 3-31 93 %c & 3-30 (quar.) 3-14 3-31 93 %c Mfg. 4- ' $2.50 series) preferred A 35c ciass 2-10 3-28 (quar.) Machine Mead Johnson 6 3-15 iquar.) Aircraft conv. 6 $5c (1947 series) Trucking McNeil 2-28 ioc (quar.)____;_ Ray) McQuay-Norris Liberty Life Insurance Co. (oreenville, S. C.)— ; Quarterly 5c ,'Quarterly --J" 5c Liberty Loan Corp., common (quar.) 30c 53A% preferred (quar.) $0.3593% . 5- 3-15 3 • 3-27 $10c (quar.)_^ Porcupine Mines, Ltd. Machine Co ; McLean Inc.— Corp., Inc. 5 % % 4-17 (,,5- l 25d'' " — new Products preierred .„ i 377i&.. — 3 4- $$1 v. 6c (quar.; dividend McKay 7-14 10-13 ... Va.)— Stock 3- 20c (quar.) (J. 3-10 3-31 Fund ' Mclntyre 4, Lexington Water Co., 53A% 2-28 3-31 $40p (40c ^ . Stock (quar.). B McDermott McDonnell 7-31 (annual) ;_ Stores Stock "V.. A (Richmond, preierred 3-15 10-31 (quar.) Refineries, Levine s, 3-14 Co., & Fink 4Vi% 3-14 . 3-10 1 6 5C Corporation 4-14- $l5c . dividend Lerner 3-24 4-14 3-23 l_tu.— .(H))oae Island)— preferred ,(quar.) class 1 Corp. & .'4-28 $15c Insurance Company Leonard 3-31 .J15c . — VV*.) (H. fstociv 5c Growth (1945) Markets, Preferred ' "12-15 12-29 ,17Vic (qpar.)v • Ltd., Jones, Title Le.unau . A $6 • >$20c 5 (quar.)__ class Quarterly 4-15 —— ______ pfd. conv. Ltd., B> (annual) A $20c ______ tquar.)___l___! & Class 10c income)- (quar.) B (quar. industries^ 70c 7Vic (s-a)— Extra 9-29 $75c Trust preferred $20c r lc Extra (quar. 3-30 (s-a r A Investors 9-15 t60c r 1 4- Corp., $2.50 preferred (quar.)_ McCrory Corp., common (quar.) 3'/a% preferred (quar.) 6-16 9-29 30c Syndicate of Canada, Common 6-30 J20c Class r':/A (quar.) com. Royalty Co.'v(S-a; Investors $20c (quar.)_______: Law^eis J $2.50 3-10 1 , eominon—__—^ investment (quar.) A B Lawson 1 4- -'68%c (quar.> Fund— Extia $2.50 / Research -Investors Class • >4- 54'/ac —v B Class Laurentide Acceptance, / Class A .(quar.)— 2 4- McCord 6-30 /Class 3-10 3-30 > 30c preferred (quar.)_^ (J. W.), Inc. (quar.)_. Mays 3-30 Class .3-31- 3^ 6% 3-15 3-30' 3.-1.3. 3-20 ' 4-20 Stores— preferred Mayfair 1 - 1 3- 42'Ac common preferred $20c 3-13 3-10/ 23%c 3%% 3-15 4- 3-27 15c preferred preferred $3.40 Class 2- 3-17 25c __ 1 $3.75 preferred 3-15 3-31 (Brooklyn, N. K.)— (quar.\l 3-15 1 31'Ac common Department $3.75 3-15 ' Ltd., partic. (quar.) , -3-3L,; 20cv; - — (quar.) investment preierred Investors 3- 1 May (quar.$20c Lancer r: America-—A, .%.■* security profits f oundation, Ltd;,preferred (quar.) * Investors ; .1 from 67c ■» . $1.1272 (quar.) common Investment i $1.20 i ,, (quar. of net 1 4- Maxwell, 1 A (Indiana•£-■ Corp. preferred >'""S%7c" preferred Co. 4- (qUar.)____________ 1__ Interstate 4.36% 40c (quar.) common Corp. 'preferred Investment 4- (quar.)—_ preferred Interstate 4%& _L'7oc Factor & Co., Class A (quar.) B 3-17 4-15 3-31 $1 (Alfred); class 5-10 4- $1.12'/a income) Ltd., common Max 593Ac (quar.) 5-31 3-31 Corp. Inc. (quar.) Mattel, Class Class 25c TextuoOK . »: Class Telephone & Telegraph Corp.— Quarterly International . (quar.) 1 3IV4C - " pfd, 7% - 27c f. iquar.) %y: Quarterly/ r 43%c : 4-15 (reduced)-- iquar.» Lafayette National Ibank 3-29 (quar.) 5-1 $1.75 quar.)_ University 70c investment Massey-Ferguson, 3-15 $1.50 12Vic Co.; common preferred v(quar.) 4.75% 3-13 $40c Co. International $1 Ltd (quar.4-$3 i_td. co., 3-10 4-1 > Mastic ' International fl 3-24 tquar.)______ uas 4.32% - 6- Corp. (quar.) Massacnusetts Investors ; , 3 Masonite $6 Corp.— (quar.) preierred Salle/Extension * •Common 4'/a% 5 3-31 , 60c . 6 5- 5c : 3 3- $1.50 (quar.) preferred (quar.) 4- (From .,v', 3- Common 3-6 > 6-21 - $1.12% (quar.)__________ Krvniex Corp,.t(quar.) Kysor Healer (reduced 3-81 10c >. iquar.) Company— ".7% ' A 1st preierred 6 7f ,1 3-20 4-15 preierred 3-27 3-27 common Company, new com. (Initial-quar.) Maryland Casualty Co. (Bait.) (inc.-quar.) Maryland Shipbuilding & Dry Dock— .7 Manuiactunng—. ,4 Va % 40c : 3-21 ,. 4-21 15c ctmU (quar.)__ Co., ,10c 5-22 La : International (quar.)__. 10c .Scnuols e s p uiiuenc e preierred 10c 3-31 , 4-6 (monthly) 4-1 25c 5-1 (monthly) 3- 4- 4. preferred 3 < 5-1 preierred 6 common 12c './• 3-20 split 12c ^ 1 $1.06'A two-for-one shares). proposed on 3-6 $ 4- 3-20 vote (stockholders 4-3 . *1.20 3- the on New 3-20 10c will Co. Martin 4-3 ■■ 12c . , monthly} conv. May 3 1 1 2% & 4 Va % $1.20 3-31 ». $37V2c"„; _____ $1.20 3-10 (quar.; 4- 4- 25c 3-8 (monthly) Kroenier 50c fl5c B 3-10 1 ' 1 4- 50c „• A on 3-20 4- 5-15 25c <initial quarterly): preferred (quar.>__ Marshall-Wells Co., 6% preferred (quar.) 12c +.. (monthly) Class 1 4- Supermarkets Field 4nl5 25c 3% Stock dividend Marshall • 4- $1 . (monthly)_ Class ; v 50c i.\ • . 4-15 3-24. 40c. (s-a) B 3-15 6- 1 4-29 8c (quar.) A Class .;*• 3-15/.; ■ 4-1 A50c ^ v . 3-10 1 Class - - (quar.) common (quar.)__ Corp.— 1,," . 3-10 '• 7- $3 _ • 4- . $15c ; : 3-iO 3-31 3-31 12'/ac . , 3-31 ,v Company, preferred, 4% $68%c _ Breweries Co. (quar.)__ „> International Bronze Powders, Ltd. (quar.)__ 6% 3-15 Kratter Intel-national Interna aona.i 3-31 Koppers $56'Ac : Bldg. 683/.»c 3-10 3-31 $$1;12%/. —__ Corp«, (quar.) Securities, 47c preferred lnter-Uctan (quar.) Marsh • preferred C (quar.) dividend $1 preferred (quar.) Marlin-Rockwell Corp. (quar.) 3-15 convertible common Holders Payable of Rec. Ltd.— $22'/ac (Calif.), I When Share Co., (quar.) Basket Stock 2-2/ 3-31 5% < ■ $45c income) Exchange InterlaKe 1 62Vac 3-10 (quar.) investment 25c 3-15 (quar.) 3-10 Inspiration Consolidated Copper (From Company .(quar.) 3 3 convertible.preferred A 1: :___ Fund— 4- . 3-8 4- ioc Market 3-8 4-1 3 % (s-a) 3- Company Telegraph & Telephone Common 3-3 4-17 4-1 ' 12Vic ;. Per Name or Maritime 6 Koehring Company—: 1;;; Co., 6% preferred (s-a)__ Ingram & Bell, Ltd., 60c pref. (quar.) * . " 4- i (quar.) Income 3-17 4- Ingersoll-Rand Institutional 3-17 1 $1.25 Ingersol Machine & lool, Ltd.; cl. A (quar.) 4% U 4- (quar., 3- 4-1 2 % Press dividend $1.06'A ___ (quar.)___. 5 Va % 4- Stock 3-20 . 45c dividend Holdert Payable of Rec. 40c 5%- •; preferred 1 , Did.—.. (quar.). 4r/a> • 6 3- $1.05, ' 4'/aVo 1 3- 1 $1.41V4 Co.— preferred A (quar.)__ V*%. preierred B <quar.)___ Common ■ 1 4- 47%c (quar.) .'/■ 5% j 4- __ $i 5.6o% Industrial , When Share Keystone Portland Cement (quar.) Kimberly-Clark Corp 'quar.) $1.03 common (quar.) Water Per Name of Company 2 I . iquar.) 4 3- $1.03V# Light, preferred Indianapolis 3-30 Electric— 4.20v* .. . Holders Payable of Reo. $12'/ac (quar.) Power preferred Canada (quar.) preferred Indianapolis When share Co. 15 4- 1 3-17 3- 6 3-10 r;\| ''ill (1236) The Commercial and Financial Chronicle Per Name of Company National Bank Share (Auburn. National Bank (quar,) (Fairfield County)— N. Stock Trust & Stock div. sh. (1 National Bank of each lor for each Westchester shs. 52 held) National $4.75 preferred 5- 4-20 Pacific 3- Paciiic 3-15 90c 4- 3-20 30c (quar.) Ltd. National 6% (stock Lead 4Vjs% Old (Little AA BB 1 3-10 5- 1 y3-17 Parker 5- 1 y3-17 Parmelee 3-27 1 4- 4- 5 4- 5 3-22 10c Industries & Mfg. 3 3 15c of Boston National Standard Co. National Starch 3-31 1 Power 1 35c 4- 3 3-15 Chemical— dividend Stock . & National State Quarterly National > & 3-31 2% Newark' of (N. J.) Mfg._____ .. Ltd. <Toronto) (quar.)_ Fire Insurance 1 3-21 10c 3-27: 3-16 4- 3-15 Quarterly Neon ____— Products Nestle-Le Newark of Canada. Ltd. 115c (quar.) A Britain Brunswick New Machine (quar.) Telephone, New England Merchants 1 4- 1 3-21 25c 3-31 4-15 4- 1 4-15 50c 4-14 3-30 New England 43c 3-31 3-10 New 55c 4- 3-17 50c 3-31 Bank (initial) Telephone & Telegraph (quar.) Hampshire Insurance Co. (quar.) New Haven Gas Co. (increased-quar.) Natural Gas, common (quar.)__ New Jersey preferred 6% New Jersey 4% preferred preferred preferred 3.75% Service St. Electric preferred & 1 50c preferred (quar.)_ 2-24 933Ac ; (quar.)____! Norfolk & Western Ry., 3-31 3-10 $1.21 Va 3-31 3-31 1 3-10 4- 1 3-24 15c (quar.) 5- (quar.) 15c 5- 1 15c 8- 1 3-30 ■ 22'Ac . (quai\)__ North Star North Indiana Common 4.40% 2-20 3-20 2-20 5% 8-24 8-14 $2.50 25c pfd. (quar.) $62'Ac $3.50 15c 4-14 Pomona 3-10 Porter 3 8- 1 7-21 Portland 4-28 4-14 Potomac 58c 3-20 2-17 3-30 2-17 4-14 3-17 (quar:)_______„ $1.13 4-14 3-17 Pratt $1.06 4-14 3-17 Preferred 37'Ac 5-16 5- 1 Stock 35c 3-30 3- 1 Premier Y.) (quar.) common (quar.) preferred (quar.) preferred (quar.) 5.60% ; preferred Common Extra $1.37'A $1.40 1 4- 1 3-17 $iOc common Ltd. Brass Co. Ohio/Edison 3.90% 4.40% Ohio Oil Co. Ohio Water Line Life (Milw.) Olin Oil V Mfg. Prophet Company 3-31 3-15 Stock 3-15 3-20 Co. 2-21 Public 1 3-17 4% 4- 1 3- 4.24 % 4-15 3-20 St. 3-17 3 3-16 $1.40 40c 3-21 33- 1 4- 1 3-15 4- 1 $1.11 /_• 2% I ~ : of • 4- 1 4- 7 3-10 37Ac 3-31 3-10 3-20 •3-10 12'Ac 4-20 America (quar.)_!-___ _ 7% __ Co. III 4- ioc 4- 8 425c 4- 1 20c 4- 1 >.$118 & <4- 1 3-20 '*1 p4- 1 ;3-20 20c 4- 35c Debenture (quar.) Mfg. Corp. (quar.)__ Orange & Rockland Utilities— Opelika 3-28 3-15 1 3-15 Puerto Rico Purex • Corp., Putnam 3- 9 St. Paul Regis Paper, Oregon Osborn Oshawa Portland Cement, class A_I~ I.IIII Manufacturing (quar.) __I Wholesale, Ltd., class A (increased) Class A Oster Manufacturing Pacific 5% f.6% Co., Cement conv., 2nd 3-23 1 5- 1 J15c 12- 1 11- 1 & Co., 4% common (quar.)_ $1 (quar.)_ 25c Aggregates_______ common preferred preferred Pacific Hawaiian 10c preferred (quar.) ____ ~ _ Pacific Indemnity Pacific Intermountain San Antonio San Carlos Sangamo Electric 3-31 3-20 3-22 3- 4- 3-10 4 4- 4 6 Express— 6% 2-28 3- Stock 1 Oats Co., preferred 4-15 4.36% 3-23 3-13 1 3- 5-15 5- School -3-31 3-13 36c 3-20 33- 4-17 ,',30c 4-' 1 3-10 3-17 5- ., -.v." v-. % .• (quar.)/—-—Il-%c 1 / 4- 1 1/ 4- 17'Ac 15c.; 25% 4- 7'Ac ,i U-31 See's 3-13 Quincy 3-31 3-13- 12'Ac 3-31 3-15 ;>5c 4- 1 3-15 12'Ac 4- 1 3-17 "/* ' ' • R. R & .3-30 u- /3-30 * 2-24 3-31 3-15 '10c 12'Ac y: 3-23 ." 4- > $2 / .'■4- ^---// Co.- (Phila.)___ / , T & E • 4-20 ' 3-24 ' , 3-14 4- ^ , 1 1.. 3-30 Corp-tq'uar.)>i/l«wi.//^_//-^/_i/!r/'rs''. 2%' 4- 10c ' Condenser - (quar.j* '' _l'/*,/__l///_//__'./. 7'Ac I 1;* • 4»-20 3-20 3-31 3-31 " 3- 8 -5% Skll 3-10 1 4- 1 35c r 3-10 3 .4' 2-24 .3-16 .4_ 3-17 i 7:.:/:////// /v.//■ :.'/• /, 12 Ac / 4- .1 '•3-' 9 _______— -.2% /15c . / -4-14 7AC • - Corp,, common.-:-^..7/ 4-14 3-31 ..IO5 > (,quar.l__ 3-10 3-31 . ,3-31 -4/-l 3-10> , *4-17^: 3-10 1 -.a/A / ^l.-31'A i Co. 40c ", //• :v_.. 3-24 . • Co. ., <,3-15 . ,4r-*l' ; . 3-15 4-. 1 v; .v 10c Power—.,, 3-15 .3-17 >• 1,: //15c- /-4-1 (-qu$r.)__/_._l_li_'_/ZZ_r/ & 3-15 3-31 4- ..50c .3-20 „ 3-31 3-13 //. ';/:7 v-•••'« / ////',' v —T class. A v- 30c 3-/1 27Ac7 3- * 2 / 3- 2 -. , . ...3-16 125c 3- 3 .... 3.-/4 - 3*.i6 A -income G,.; tax J$1 75 . B 1< depositary dividend $1.43 and wilL amount '' . (quar.). : prior pfd. , . (quar j 3 /?^; 7 '"•••:/. .v.>; 115c ■//.///. , 3- '3-16.., * < . -f, , J25c/ / i' ' 1 4- * '•'•" 4- •• 445c 30c,"; (initial) 5 % / - : • ../v.. _/ ' ./.. 3-10 3-28.- /•'' * depositary '. -•_. /." per Ltd., class A Get-' 3-10 ' -"'3-10, 3-27 sharei8-A:i._/ / 1-6% '.(quarj_i_:__^_._,— Rayon, 4- $30c Biitish *. Dairies .:^57 1= -..-,.;4-lJ0':' (qua^.)___>--_-^^^7;- -<7 25c -;/4- 1 K /" 25cr.4- I expenses-for class Corp. /Slater .3-15,'/ 4-20 : .(quar.) .(Los Angeles)—/ 4- 50c 4- Halske & Skenandoa ' A li 2-28 \2-28 '3- ;6*" 3-20 '-• 6- 1 ' ^ - Common $2 (quar.) : ■ Z_7_ % .$1.25 ___ .... ,;4- 1 .3-15" $1.25 4- 1 3-15 Ltd.,;$2.12 preferred (quar4)/_4 /'453c ,v ,3-22 4-13'>■* (Howard) ' 7 preferred (quar.)40c (NJ, Smith . Bearings;.Canada,--class A l.quar.'h__///127c/" 30c ' " 3-23 3-23 • / 3- 3 w :/ 3-23 , 1 Class A, H and C 7 4-10. 3-30 7 ^ approximately .Class ; 3-14 1 /.4-10 27c ;,3-23 4-10 Haven)- Simplicity Pattern' (quarj; Simpsons-Sears,-Ltd;— ; 3-14r, 4- 5-8 /4-10 (quar.)__l_______.___ Breweries, Ltd. (quarj Silverwood ; 3-14 4-1 3-23 4- Water • 3-15 2%. (quar.) J & Gas ■ 1 4-10 $1.56'A $5/5 preferred /quar • 4- $1.25 "(Phila.). 3-17 / • 1 25c Ac share) 3-24 •! 4- ! _/$1.1834 (New 3-17 4^ 1 25c i B man ;\_t/to 3-31 : 4-20 / A Salesbook (After ■•• , . / 50c J / /• 3-15 3-31 ; v '/"//Z,,/ Steel ".Corp. Siemens 3-15 4-14 (quar,)-,—.—/./.$1.50 Stock-dividend Radio 1 4-14 15c $1,127/ 4% Class 3-17 1/ 75c ./_/ —/./' $1.25 Service :v(quar.l-^___i:.__j_-/_/</. aJ-IOc Shulton, Inc., . ; 2-28 3-31," 1 4-26 v preferred series A /quar.)- * *'.. 150c ^4-2 4'A% preferred series B (quarj_-___,l_%._// ISSAc / '4-; 2 .Shawmut Association i(quar.)____,_;_^__^__ ^,-7. 25c, 4* 1 «, Sicks* ./../lOc,,', 4- 3-15 1 - *3--6 ,3-31 / Shell Oil Co. (quar.)___ Sherwin-Williams- Co< (Canada), Ltd;^, c.qm;. i ' 7% preferred* (quar.)n 9 5- $1.13 Leather Shelby 3-9 3■ •3-31^ - j 3* 9 3-23 / (quar.). Seiberling Rubber, ;4'A %•• jpreierred 5%, preferred fquar. 3-17 3-25 • • IhcV (Stock-dividend)-. preferred 4-14 4-14 3-27 - 7Ac (quar.) Acceptance 1 1 12Ac ... Shawinigan r " 3-23 (quar.)_- Inc. Bank 55- 40c common. Z________7____— Shamrock Oil .,3- 9 . (reduced)) Bank 5- 3-20 $1 . Seven-Up.Bottling (St. Louis) '(quar.)____'___ 3-2 3-23 3-23 ".20c 2 —_Z 85c B Sharon 2 3- 3-31 85c Candy Shops,; Class Seton 2 3- ;3-30' $1.75 * 3-2 : 3- 3 3-24 4-15 : (quar.)__—— (stock dividend)- National Servel, Inc., 3-2 3-30 4- 4-14 (quar.) (quar.j National Seismograph /3- 2 3-30: . "• / 3-15 .3-30, Mining Corp./Ltd._--I--r_w-/-r_. .. 120c / Mining Co;_____l___^/_i//l_l_/^_//'/' ./ 30c. M. . 3-15 '3-39. 50c 4-15 17c preferred .Securities 3-15 3-3i; $1.09 37Ac ___________ preferred Seemah Bros; 7 5% 3-31 V: $l %•; 6 3 — (quar.) preferred Security. Title Insurance 3-10 1. —$1.75 (quar.)__c3/__i'_ (quar.) Associates, prefeiTed Second . v{5%. common Co., Second 3- 3- 3-10 4- 10c RR. Sears-Roebuck & Co, 3-20 f 3-24 3-24 4-15 ! (quar.) (quar.) (quar.) Line Seagrave Corp. •■' 3-15' ; 3-23 3-11 1 5c $3.40 3-15 •?. (quar.— Co., Air Quarterly .'4-/1, 20c 4- 10c - $5 3-23 4-17 1 5- 3-22 4-14 $6.25 3-15 3-31 3 5-15 3-29 ' 1 Paper 3-15 4*, 1 . 3- 4-20 $4.75 ; 4- 3 , 4-10 2-3 28c common preferred . $50c 15c $0,111 (formerly / Associate Motion Picture Industry) Seaboard Finance Co., common (quar.) / Stock dividend 3-10 4-' 1 4-17 5-19 Seaboard / *$.2 3-17 4-1 2% $1.10 certificates 5 4-1 36c . dividend) Inc $4.50 preferred series A ; 3-15 .. (quar.)— 4- 1 Common t 3-20 .",''vi:M.75c.v 1 1 11c Scruggs-Vandervoort-Barney, Inc.— 3-20 •4-17 9- 12- 1834C Power, Seaboard Allied Milling 6 $75c 9-15 12-15 6- „Scrivner-Stevens 6 3-30 6 $1.25 $1.25. 10c Seaboard 3-10 ;3-31 . ' $1.06/, common 6 3- 1 Scott / 3-14 f56c . 1 3- 3-20 1 preferred $50c : 6- 3-20 (monthly) preferred *% (quar.)'____/_l___ r 6-15 4- $4.00 14c. Insurance $1.25 5-1 $3.40 3 3-25 3-17 1 6- 3-28 4- 4-1 4-25 4- 75c Monthly 1 3-31. 5-1 :t25c $$1.25 IOC 6 25c 1 10c 6 Carolina-(quar.) 2-15 i//+/ (quar.) Co. 3-6 / 3 4- (initial) Fetzer 3- Quemont 3-31 Pictures & 3- -i— 1 3- Monthly Scott 3-24 " 2-28 3- 3-24 — trust Products 5% 3-24 ; , 37%c Tubular 3-24 5c 62'lAc 1 3-20 40c /. & preferred Sehering Corp., 4-14 , 3-9 Electric Sawhill 3 4- 1 17V2C (quar.) ,62'Ac % Mich.)— 2-28 —— (stock voting & Greenleaf, Savage Arms Corp 3-31 4- Telephone) common, (s^a; ;; J55c 5% preferred (quar.) ____t_'//:-_^/ ; .125c 5% class A (s-a) —/>• __/__l_u-_T-/.;_-. % :2138c5'A% preferred (*quarj///r//J/-^_ilL,i.vL''- • 127Vac 3-31 Corp., Sargent Savannah 3-10 3-20 : 2-28 4-1 (quar.) Milling 3-15 3 4-17 Quebec 7 preferred 4-15 55c dividend Quaker 1st 4- 38c : 3-31 $1 (quar.) Insurance common 3 Pulp Sc. Timber (quar.) —;/25c Telephone (quar.) _—45c Life 37'Ac — (quar.)__— Marine 3-10 (R. I.), (quar.)_/' preferred,'(quar ) City & 4- 4.407o (George) Fund qf Boston-4- 3iy«c ;. (increased-quar,) (guar )i_///Zll * ' 1" 31 Vic H~~ (miar-V-...J. Products 25c . (quar.) 3-10 4- 8% Quaker ■ Fire Casting 3-22 (quar.j Pyle National Co., 3-15 6- (quar.)__ Glass, Paper Pacific Coast . 1 3-30 /415c r. Owens-Illinois Oxford ~ _ Steel 4-15 " 3- 25c Louis $1 (quar.)/' 3-29 343sc St. $1.50 quaiu )__ 3-16 5% (quar.) 6 10c Ltd.~ ,(quar.)_%___^__u-__L__;_ 3-10 — 3- 1 • preferred B (quar.) preferred D (quar.)__ 4% A (reduced) 4- 25c (Quarterly from%iavestment .incom.cV/-/' Purity Stores?. Inc.*-(quar; j____r___i_T;__/iii:- 4.75% preferred conv. Common _ (quarj._ 1 3-30 (quar,)_ Stockyards-—— 3-20 , Puget Sound • 5% 3-17 (quar.j preferred 4- U5c (quar.) ' . 1st. preferred 3-17 Louis-San Francisco Ry.— 3-31 (quar...."/ original 7% 5 3-10 3-10 3 $1.,12'A (quar.) preferred (quar_-/. $ 1.07/3 preferred J quar,)____ $1.26 'A 5.28% preferred (qUar.)____;___/__/l__/_l ; H;',$l,32 Publication Corp. voting. pp.mTnon t £quar.)/t' 5.0c Non-voting common (quar.50c" • 4- 1 4- (quar.)— Ltd., common (quar.)_. preferred A 5.05%. 3-15 A National preferred A 58'/bC 4.30% 3-15 Corp., preferred Louis 75c . 1 3-22 32Ac $1.25 conv. .4.18%' preferred J(quarJ_—r/'__/l%—. v'$1.04'A r 5% $1.37'A . 3-23 J32j3c ^— A' (quar.) conv. preference; (quarV './ 35C v 4.08% preferred (q\lar.)—_J-v_^,«:"$li,02 7 3-31 3-15 (quar.) 5% (quarj—7',,$1.16'A Eleptric' & Gas—../,;//.* ';/ J. ,* Service 4- common 1% Gas. (quar.)—, Common Public 3-17 20c $1.07'A Co. Power, 5% 4.65% .preferred 3-1*7 1 preferred Mig. 3-15 (quar.)_ of .Oklahoma— 3-27 pfd. 3-15 ,.3-25 of North 10c (quar.) 4-15 (quar.40c " 4-14 (quar.)_ 4-15 — , 3-24 4-28 5'A•% preferred (quar.)„_ . preferred Specialty Lawrence St. 4-17 preferred»(quar.j/• 4' 4- St. 3-31 4-17 (quar.) ^_„__;__/i__/. Insurance. (Birmingham)— Service Co. 4- '• 3-14 3-15 1 (quar.)/__,____—___1 %i_. Life Service Co. 25c J20c 1 4.10 1 dividend Providence 8 4- 5 7® 4-1 J. Providence-Washington Ins. 25c Corp. Brewing Loan 3-31 3-31 $1.1-0 (quar.) Insurance Gas 3-21 ' Protective /37c _i___ dividend)Co. Joseph Light & 15c Progress 97'Ac <quar.)__ (quar.) & Olympia Ontario (stock Corp.— 3-30 450c - (quar.)_ Service Co., Ltd. 3-10 ' (quar.T______i preferred Clair Sc. 5- —__ Rapids, 4-25 5c (quar. St. zi 1 47,'Ac . (quar.)___ preferred 4.44% Old common & preferred 2 2-21 5c (Toronto)_____, 8c (initial)- Corp. (stock dividend)-^ Safeway Stores, Inc., common (quar.) 4% preferred (quar.)__— 3- 25c com. 2 (quar.) 4'A% Ltd. 3-21 -•/%<»45c (increased 1 4- 50c Inc. (Jacob). Co., Industries, 3-30 5- preferred 415c (reduced):/- Co., preferred Trust Bros. Public (quar.)___ Mig., Ltd. (quar.) Ogilvie Flour Mills, Ltd." (quar.) Ohio 3-30 Cement— Supplies, Ltd. (quar,} •' Specialty 3 pfd. 12'Ac > 3-15 4- (quar.) (Helena) ' (Grand dividend 4- $0.3281 Y* .. Ocean Cement & Office 3- _-r- 43A%;convertible preferred (Milw.)— Quarterly Light & PoWer, 3-31 —97'Ac _(quar.).—_ 3-15 Sabre-Pinon Co.— " 4-25 75c Scotia Co. 20c (quar.) Quarterly Portland 3 933Ac Co. 75c (quar.) 5'A% preferred tquar.) Northwestern National Insurance States 3- . 2nd 4-25 & Co. 4.30% ——'% Power Ins. Proctor-Silex Ltd.— (Chicago) Read Price 3-17 145c Inc., 3-17 1 ,___— Northern Trust Co: Northwest Airlines, Nova 1 4- (increased) Northwestern 4- $1.45 (quar.) Quebec Power Co., 3-31 Russell 90c Participating preferred, (quar.)_ & Lambert, Inc. (quar.).______ (quar.)_______ Northern 3 50c Co. Electric preferred 5.80% common 3-15 1 3 $1.75 (quar.) preferred (quar.)_ Transit preferred (N. 3- 3- $2.50 Pratt Co. 3-31 3-31 $1.75 Corp. of Canada, Ltd., 4'A% 1st preferred -(quar.)- 40c Gas, Ruberoid Rubenstein 15c Mfg. ' (quar.) K.), Inc. (Del) (H. 4.22% Natural 3-10 5-15 1 5'A%. .50c preferred (quar.)____ Tile 4- $1.06'A Insurance 3-24 5c preferred 2nd 4'A% 5'A% Royalite 56c (quar.)_ 3-17 1 4- — St. Bank 3-30 4- t$1.433,4 com. 3-10 6- 3-17 3-9 $1.41 'A 1 20c 3-31 (quar.)— preferred 4- Ltd., v 4-3 Ltd.— 1st Broadcasting (quar.) (William H.),. Inc., new Oil, 3-17 25c (quar.)—1. (Canada), $1.12y2 (quar.) Power ;_ Northern Rorer V.) convertible 3-15 ' 4-25 :120c Rollins 3-20 preferred (A. 53A% . 3-31 $1.25 (quar.)_ Roxbury Carpet Co. (quar.)____ Royal Crown Cola (quar.) (quar.) Corp., 1st 3-31 (quar.) Northern 3-20 3-30 Roe 3-20 (quar.) National Polaroid (quar.) preferred 3-30 7 3-31 40c — 3-21 3-21 , , Co.— 3-10 (quar.) preferred 3-20 Service— (quar.) preferred 4'A% 3-20 $1 preferred Pittsfield 10c gtd /s-a) Public Plastics Controls 40c Plough, Inc. (quar.) Plymouth Rubber (quar.) (Chicago)— 5.65% 4- 3-30 3-30 2% 1 Pittsburgh & Lake Erie RR. (quar.)___ Pittsburgh National Bank (quar.)__________ Pittsburgh Plate Glass (quar.) 3-14 2-28 10c 7% 3-15 4-30 ' Natural Gas— 2-28 Engineering Works Northern 3 10% $2.50 3-10 4-1 4-20 . 4- 3 40c — (quar.) 3-30 (quar.)_ dividend) 1 4-3 20c 4- (quar.)_-.-- (Hartford) 2-28 i RR., Carolina Northern 7% 3-10 4- Co. 5- $1/ $1 _____ 25c - (stock 3-20 Refractories Ltd;, 3-31 $1.75 — Co. 4-20 —.c (quar.) Rochester Telephone Corp.-, common 5% preferred (quar.) 3c (quar.) — 3-10 Robinson. Little & Co. 3-10 15c Telephone (quar.)_ 3-20 ■ Oil, 3-24 3-20 Distance 34%c . dividend Robertsliaw-Fulton 3-15 1 10c common 37'Ac Life Insurance American 3-15 3 4- 5% (annual)-—__ A 1 1 dividend/ 4-14 17'Ac plus 45- 933^c —_.—; (Hartford) (stock 4- 25c preferred convertible Common 3 50c preferred (quar.)__ 5'A% preferred (quar.) Stock 3- 10c common 6% Semi-annual 1 Co. 4-11 Potomac RR. Co. (quar.) 35c (initial)- income 3-10 4-11 25c —_—__— (quar.)— 65c Pitney-Bowes, Inc., 4'A%,. pfd. B (quar.) Pittsburgh Forgings Co. (quar.)_ Pittsburgh, Ft. Wayne & Chicago Ry.— 7-13 15c North 8 3- 10% Insurance Pioneer 4-13 (quar.) Mining. Corp., Ltd Norris-Thermador Corp. - (quar.) Semi-annual 5- 3-29 Ruppert Insurance Pillsbury Company, $4 4-13 1 preferred American 6-1 Ritter Company Riverside Trust $1 (quar.) Screw $5.50 3-10 preferred North Riley Stoker Corp. 8 87'Ac common 4- 1 20c 25c gains 3.%% Long Piedmont 3-10 25c 115c pfd. Investment, 8 5- (quar.) com. 3-14 3-10 (quar.)______, 30c (quar.) investment preferred Phoenix 3-10 4- 115c 6% American 5- 1 50c dividend Phillips 3-10 $1.31'A . 6% North American Aviation 1 6- 35c new 3-30 4-1 5- 1 5- 1 Products 6- Roberts 9 3-21 2bc (increased) obligation Metal 2-24 10c (quar.). common Dividend 4-14 12Ac $1.12)2 593«c i (quar.)—_— (quar.).-, 2%. , (quar.) Life Corp., 8% 3-10 Fund— net Common 3-10 1 3-10 75c (quar.)—_ 33A% preferred (quar.) Richmond Fredericksburg & Voting 4- 1 4-21 (quar.) common 14c (quar.) capital Philippine 4- Western Inc., 25c preferred (quar.) 3.90% preferred (quar.)__ 3-10 Normetal North $1.15 (quar.) 3 3-31 (quar.) 6% 3-10 (quar.) Philip Morris, Inc., 3-10 3-31 ; common 3-10 1 (quar.) Philco 3-10 90c (quar.)__ com. (quar.) Co., 3- $1.02'A : (quar.)______ B 1 3-31 3-31 97'Ac ', ' preferred Chemical 4- 45c (quar.) : preferred Class 1 4- 4% (quar.) Ltd., 4- — com. Philadelphia & Trenton RR. 3-13 85c 4.10% from Stock 3-13 1 — (quar.)_ Weaving, 4- 1 (quar.)— common preferred Nopco 5c 7 4- $1.10 833Ac / A 3- ,. 3-22 4^12 „ Tobacco Co.— J.) preferred Rhodes Rich's quar.)— (quar.) 14c Philadelphia Nationai Bank (quar.) 3.90% preferred Philadelphia Gas 3.60% Wire 3- 4- $1.09 .— RR. (quar.) 5.26% 1 4- 3-10 Co.— & preferred Philadelphia 7 $1.183A ___ Louis preferred preferred 4.85% 3- 3 Co.— (quar.) & Niagara Mohawk Power, Niagara 1 $1.01'A (quar.)_. Central New York State 3.40% 4- $1 3-20 $1 : (quar.) Public 4%% York 4- 1 3-10 1 ■; (quar,)^ Service. Inc. preferred from (quar.) 4.36% New 4-17 4- Power & Light— Orleans New 3'A% 4% 6 preferred 3.60% Rieke Bankers, Philadelphia Electric Co., 3-15 60c 22yac (s-a) preferred 4.05% 1 Gas 3- 1 Corp. .(stock dividend) Cement (Charles) 1 Fibre— Pfaudler-Permutit, Inc., Pfizer 3 4- (quar.) preferred (quar.)_ Petrolane 3- 4- (quar.)_________——__ Mfg.. 3-24 25c Z. — preferred (quar.) Milk, common (increased quar.)——-. 4'A% preferred (quar. 1 I 3-28 43A% 4- preferred 3-17 90c Corp. (quar.)-. Metals Co., common 4'A% 3-14 J-10 3"31 ; 3-23 (quar.)__— Resistoilex , 31'Ac , 7% 3-10 31c 1 Pet 3-20 27c 1 preferred $1.40 3-17 115c (quar.) $1 3-10 3-17 3-31 City Bank .(Pa.) .(quar.)_____ Personal Industrial 3-31 4- 933Ac England Electric System (quar.) England Gas & Electric Assn New 4-10 3-10 4- (On Co. Line Permanente 1 3- 3-15 50c . Ltd. Perfect 3-31 3-15 3-30 $1.50 Telephone (Ohio), 6% pfd. (quar.) Newberry (J. J.) Company (quar.) Newport Electric Corp., 3%% pfd. (quar.)__ New 4-21 1 6'Ac — Newark New 3- 3-23 7'Ac class Chemical Trust 7 4- (quar.)/,,—. preferred Peoples 4- >3-14 4- 1 4- J 25c Republic Corp., $1 preferred (quar.)— Republic Steel Corp. (quar.)_ 7 $1.12 Mi (quar.)___—_________ Pepsi-Cola (quar.) Electronics, 4 55c — Co. Mur 150c 3- Reynolds (R. voting, and non-voting)_ Peoples Drug Stores Inc. (Md.) (quar.jPeoples Gas, Light & Coke (qqar.) Peoples Securities Corp.___— 3-20 (Pittsburgh) Union (quar.) preferred div. 3-21 ., 4- 1 3-17 4- 3 5-1 4-29 3-24 (quar.)— (increased Corp. 3-21 45c 55c - < __ Voting common (quar.) Non-voting common (quar.) 3-10 3-31 4- 62'Ac _— National Trust, preferred' Stock (quar.) National (quar.)___—_— Penobscot — 25c —: ___— Tile . >„ Bank Terminals National (quar.)^___ & preferred 4.60% Aviation 12c ' Corp. (quar.) Light, com. (quar.)_ 3.35% 3-16 Republic 12'Ac Sand 4.40% 3-17 4- Insurance -(Phila.) 2-28 5 3-30 3-31 / 6c 30c $1.25 " 3-15 3-13 3-6 \ 50c (quar.)— common 5% preferred (quar.)_ Reliance Electric & Engineering Reynolds . (Mass.) Reliance 3 3% Corp.— Corp. — 3- — increased-quar.)—__ Metal Products Reece 4-24 4- 1 *15c ?$1.50 85c (quar.) 3-15 12'Ac „ , -—-—— 1 37'Ac —_ (quar.) Incorporated 3-30 /20c 4.50% 3-15 4- 65c (quar.)— 3-15 1 : 4- $2.50 dividend Glass 3-15 3-31 4- 1st preferred Rapid Grip & Batten, Ltd., common 6% preferred (quar.). Raybesios-Manhattan, Inc. (quar.) Rayette, Inc. • 8 -J'.'./,•, (quar.)r„r.r..„. (quar..)-—— com. 3- 4-14 ,25c ...... 3-15 3-3l $1.50 (quar.). 3-20 3-31 't $22'Ac — Pennsylvania 3-15 4- 62'Ac (quar.) National Shawmut Bank 4- 10c 15c . Co. (quar.)__, Dental, Supply (Del.) F.) Pennsylvania 1 Ramo, (quar.)/._____, Co. Peabody Coal Co., Stock Rapid-American Corp. 3-20 $1 Corp. Proof (M. Peninsular 3-20 4-15 4-15 . 28'Ac Line— Y.) (N. Quarterly Co. 4-15 25c 87'2C 87 /c 12 AC 10c (quar J $1.183A Transportation Patterson 3-22 $1.25 — Rust Co, (quar.) $3.50 $1.183A (quar.)—____ Pipe $3.50 1st preferred 3-20 (quar.) Parker-Hannifin 5 5- 25c Sulphur Park-Lexington 3-13 $1,50 (quar.)_ Ltd. Eastern preferred 2% .___ com. Insurance (s-a) Presto 4% 4- (s-a) Class National Screw Panhandle 1 Ark.) — Class National 3- 50c 75c _ Corp., (quar.) Rock, 3-15 3-20 Tubes, American 2% (quar.) Line Pan tl5c Service preferred National 4-15 3 4- 6% Page-Hersey 3-10 common B Linen (quar.) preferred (quar.) (quar.) common 3-20 4-15 Holders Payable of Rec. Share V' \ 4-15 $1.12'A . Outdoor Advertising (quar.)__ Telephone & Telegraph, common— preferred (quar.) 1 dividend) Co., preferred National 1 7 4- Gypsum Co., common (quar.>_ National Homes Corp., class A (stock div.)__ B 1 5- 15c National Class 1 4-14 40c Oil Corp. 1 4-14 National Gas & Grocers, 9- 30c (quar.) preferred (quar.) National Electric Welding Machines (quar.)_ National Fire Insurance Co. (Hartford)National 2 _, When Per Name of Company Radio Corp. of America, $1.10 (quar.)_, (quar.j Monday, March 20, 1961 . Holders Payable of Rec, ■ . $1.09 - preferred preferred 70c common Company, (quar.)_ $4.40 $4.50 $4.75 conv. Cash Register Co. Co., preferred 1 1 10- When Share : 3- 15c Biscuit a 3- 1 (White Plains, Quarterly National National Company Lighting Corp.— 3-31 held) shs. 53 Pacific $4.36 , sh. (1 Per Name of 4-10 4- 10c — div. Holders 4-15 $1.50 Y.) Quarterly When Payable of Rec. . . 16 < Paper Mills, Xtd.—**?/%/•/. ' quar.'■)'_/ ^7J/_ZI_i. * 430c ^5- 1, preferred '(quar.)__-i._-^_-_^: / // 450c A. 7//,. Continued '5on 1 .3' 7 r ,-3-23 /•• "/- 4-.1 - 3-30 page 52 Volume 193 Number 6039 . . The . Commercial and Financial Chronicle Stock Record from the New York Stock DAILY RANGE OF PRICES YEARLY RANGE OF SALE PRICES Range for Previous Year 1960 Lowest 40 Mar 50 . 8 Range Since Jan. 1 Lowest 21 Oct 26 44% Jan 69% Jun 15 52% Jan 103% Jan 6 42% Jun 25 12 Jun 23- 16 Dec 6 29 52 Jan 15 17 Dec 5 32% Jan 33% Jan 6 23% May 31 47 14 98 20 10 Oct 24 22 Oct 31 Jun Dec 19 ."A 28 A Feb 27 22 % Jan 4 10% Jan 3 28 27% Jun 9 11% Oct 4 19% May 12 12% Jan 8' 53% Jun 48% Jan 3 Feb 8 Feb , . 32% Aug 26 84 17 8% May 11 Aug 26 13 % Jan 63 45 28 56 Va Jan '■A- Sop 33% Jan 27 .Jan 5 . 35 15% Oct > 12% Dec A J 16 24 72 A Mar 13 88 f 59 ' Jan 4Va% * 51 % Mar IjO Jan. Jan 6 ' •v, Jan 3 r 97 yJan % 18 Vi Mar 17 60 ''Feb 50 Vz Jan 21, 48%'Mar WA) fey 1 v' Allen > y Allied 9 17% Jan 4 12% Jan 3 6 36% Jan; 7% Jan 43% Mar 16 Allied Mills 5 5 10 27 Allied 58% Jan 13" 44 3 54'"; Mar 17 Allied Stores 41% Sep 75 26 84% Sep Jan 4 22 Oct 26 95 Nov 15" " Jan 28 24 28 % Sep 28 61% Oct 26 Dec 36 % Apr ' - 23 19 35% Jun 55 13 'Feb 35 *s Jan 4 Jan 1 30 Jan 4 35%'Feb 3 78 V4 Jan 17% Apr 9F 25% Jan 28 106 y4 Jan 44% Jan 18 30% Oct 4 44% Jan 4 Oct 18 13% Oct 24 35 =!a Oct 5 57 63 Jan 51% Jan 53% 21 17% 18 21% 20% 21% 20% J 27 9 79% Feb 1 4 32% Feb 27 Ac 1 •• 21% Jan 3 24% Feb 3 119 *V Feb 36 Jan 3 42 Feb 37 Feb B 44 Mar 16 60 9 2Vz% American '*■■■■' Eank Jan 3 62 y4 Mar 15 4 15>A Jan 3 21% Mar 17 American Bosch 7 38% Jan 4 46 Mar 15 American Brake 6% 81% 82% 82 83 13% 13'/a 13% 13% 30-ra 31% 13% 30 % 13% 30% 30% 137/o 31% 13% 14% 13 % 31% 13% 13% 72% 70 "A 13% 71% Va 4:,,o 72% 4% 4>A 71% 72% 4% 4% 34 34 34'A 34 15 15'/a 15 72 15 y4 14% 15 70 3,000 12,600 69'A 70% 69% 87 70 y8 87 % 22,100 87y2 87% 88 68% 70 y2 *86% 87% 87 % 67 *86 Vz 13 . 44% 97* 13% 13 13% 13 43% 45 43% 44% 41% ■>■47 Vz 42% y, 44% 43% 41% 44% 41% 41% 42% 44% 44% 43 Vz 43% 17-% 17% 57% 58% 58% 59% 58 58% 14% 15 14% 15 14% 14% 42% "43 42 % 43% 42% 43 Vz- 8 % 8% 8'/a 8 > " 8% *96 53% 53% 53 % 82 y4 82 V* *82 y4 83% 26 27 26% 26% *105 " 108" 33 53% *106 33% 53% *82 25% 108 106 97 106 34% 70 72% 26% 56% '57% x25 % 33% 25% 34'A *25 y8 58 58% 58% 74% 73% 74% 74% 30% 30% 30% 1 •y: 21% 22% *105 115 21% 22 *106 21% 115 110 30% 38% 37% 37% 37 41 42 41% 42 63 62 Co: 62 62 y4 62% 19% 19% 20% 19% 20'/a 44% x44 y4 45 44% 46 2 19 No par Vh .' 44 y4 ' 100 34% 34%,. 35 '/a. 35%' 98,300 76 32,500 5,900 25% 25% 900 59% 60 62% 76 30% 37'/a 41% 108 25% 75% 75% 4,600 15,300 10,600 47,800 31% 21% 41 % 20 75,400 74% , 35 74% 31% 22 y8 •105 37% *62 35 6,200 83 26'/a *105 74 22 lo 50 108 58% 110 54 25% *25% 75% 30% 1,900 3,100 4,100 8% *82 34% 58% 72%. 3014 , 14% 53% 82 72% 26% 59% 43% 8 53% 34 34% 74 4,500 28,800 14% 26 •105 35% ° 100 53% 4,600 18% 43% ; 8% 25% 12,200 44%" 58 15 95,300 22,600 97 17% 59% 82 34;?4 80 13% 43 y4 43%: 8y8 53% 33% .. ■ 44% 42% 17% 14% 83 71% 74 34 44 X43% • *96 43 y. 26 % 34'% "35 *25 y8 ;' 58% ' 13 y 97 17%, 8% 73 y 1 13% , •96 34 .„ " 45'A 18 No par Shoe 19,500 33% 15% 97 No par Arma Corp__ 17,900 4% • 34 14% 17% 10 preferred 4% 33% *96 >4 5 common 4% 5,300 10,300 15% __9 preferred 4'A 14% 34 *96y.i 5. Co 7,100 17,400 23,800 27,000 13% 71% 8,800 . 31% 13% 70% "17% common Note 82% 81 % 13% 17% America Airlines 81 X80 1 common^—__10 convertible 38% A 21,100 73% 43% common—No par Z'. American Bakeries 37% 41% /42 Petroleum Corp__y_No par Agricultural Chemical—No par American ' y 9 10 38% 31 Vi» 43 % Amerada Amer 37% 13 % -13% - ___No par Corp___—__—_y__ 12.50 Amerace M 27% . 70. iy___ 100 of 27% 83% ♦86 Va }'• Amalgamated Sugar Co 62% Mar 17 3 Jan Co 27% 33% 10 Limited—; Aluminum 21 % 27% 20,900 14% convertible preferred___100 Aluminium < 20% 27% 39% Vz' ,13% 4 No par Mfg 20% 27% 37% ,;72% .5 — 1,400 15,400 ; 18 20 % 27 V\ 40 13% ;___i__100 Corp 17% 21 27 Vz 30% ■ . Corp—___■ 41% 53% 38% 13 2 I 41 52% 1 27% 80 Ll-u^l- — 120 40 38% 50c —— preferred 4.08% • % 9 102 V* Jan • July 12 30 •' 76% Mar 69% Jan 27 13 42% 53 18 Alpha Portland Cement___ 25% Mar 14 45% Jan 4' ' 26 Nov 18 24 26 21 34% Dec 41% 53% 17% par Co— Allis-Chalmers ': 35% Mar 17 68 Va Jan 6 31% Jan 26 " 4% • 8 28 20% Jan 50% Mar 15 21% July 25 23% Oct A Feb 6 31% Jan *" 4 22V2 Dec 108 " Allied Kid v 3 Jan 28 ' 1 Jan 27% Feb 109 " 22% Oct 'Feb i: 84 10 101 - y 5 23% Feb 28 Jan Jan 81% Jan 1 40 132 42% 52% Inc__ Products 15 3 120 41% Chemical Corp__i_y_2L 11% Jan 118 18% • 39 % Jan 118 53% common— 20 122 42% 1 preferred May 31 46,200 *117 18 2 Industries 100 71% 52% common, convertible preferred— 6% 49% 70% 41% Allegheny Ludlum Steel Corpjil ^^1,.-'Allegheny Power System_i'lC'__T__2_55 Allegheny & West Ry 6% gtd___100 •5; - ♦48% 70% ia% Alleghany Corp . 19 4 44% Feb 49% 70 52%: Industries— Aldens Inc > 14% Mar 10 - 9.0 .,4 * Mar 17 49% 72% 1 Alabama Gas Corp 'Alco -Products Inc ; ', 49% 69% 42% No par Shares *48>/2 74 126 41 Vz ; the Week Mar. 17 _____10 - Products 6% Oct 24 32 v 27 Sep Control 17 3 19% Jan. Air 49% 73'/a *120 Friday Mar. 16 18'A Air Reduction Inc ' y46 V " 9 40 ;. ~ M8% 74 120% Sales for Thursday 52 y4 — Addressograph-Multigraph Corp_2.50 ; Admiral Corp„1 __1 V Aeroquip Corp____. ____1 •18 16% Feb 3 L Mar. 15 1 Inc— Co.LuL Jan 34% Feb ' • 32% Jan . 42% Aug. 19 V 12 % 100 y May 27 25 22% Jan 8 90 V'4 Jan 3 10% Jan 5 25 32 % 3 32% Jan 3 28;% Oct i Jan 4 1201 '2 Wednesday Mar. 14 49% 70% _100 HIGH SALE PRICES Tuesday xrf __25 Stores 4% Feb 3 38% Feb 14 * ♦48% _,__5 Industries Inc_; Express Co Adams-Mills Corp 2 14% Mar 84 common iviar. .1 Adams 24 33% Mar 70 % Mar 15 ___ convertible 1.,, ■ Acme Steel 12 14% Feb 3 Fund ACF-Wrigley Mar 13 96% Jan 4% ACF ' 2 3 25 3% Sep 79 7% Jan Feb Mar 14 LOW AND Monday Par preferred— I ABC Vending Corp 8 22 10% Jan 4 ? 15 19% Feb 3 40' v STOCK Abbott Laboratories 8 53% Feb 3 10 Jan 80 4 Jan 45 % Feb 30% Jan 40% Mar, 1 20% Feb 24 85. 29 Jan 17 -Abacus Mar 13 24% Jan 17 23% Jan 9y8 Oct. 28 59 % Sep 3 120% Mar 13 3 15% Jan - 28 % Jan :.4 16% Apr 38 •'■•74 YORK EXCHANGE Mar 50 3 10 8 35 Vo Oct Apr 16 114% Jun , 7 23% Mar 63 NEW Highest ' 98% Mar FOR EVERY LISTED STOCK STOCKS V' Highest 44% Dec Exchange WEEKLY VOLUME OF TRADING 31% 22 120 23% *105 115 36% 37% 40% 44 *44% 62% *62 300 .. . 45 63 •2 j 37% 37% 17,700 1,500 70 19% 20% 20% 21% 48,800 45% 45% 45% 45% 5,700 47% 48% 47% 48% 18,600 19% 19% 19% 19% 9% 9% 9% 9% 12,900 73,900 American 25% Mar 4 46 Vb Dec 23 43 V• Jan 23 19 6 20 Nov 11 19% Feb 28 13% Sep 1 8y4 Jan 43% Jan 4 Jan 8 July 28 30% Dec 1> 35% Deq 40 % Sep 29 16 36 % Sep 3 10% Mar 2 34% Jan 4 38% Feb Jan 4 38% Mar 6 13 -42% Jan 3 49J/2Feb 8 Dec .27 70 V* Jan 6 92 "; 19 y« Jan 3 23 % Mar 17 40 Feb 2 43% Feb 84 Jan 4 87 •' 42% Mar 8 24% Jan 26 Oct 8 51% Jan 77 46Vz Mar 22 89 59% Jun 30% Dec 25 5 Mar 30 2821 23% Oct 36 11 44% July 26' 81% Jun 39% Oct 20 Mar 38% Aug 23 14 14 29% Jan 30 17% Sep 27 Oct 59 Vz July 18 21 7 28 • 17% Dec 4 Jan 8 31 Vb Mar 15 30 6% Jun 33 Vz Jan 52 30 9% Jan 11 - >■ 3 4 34 1 85 16V2 Jun 2 /- 24% Jan 18 18 % Feb 7 Mar Mar 30 91% Dec 19 85>/4 Jan 3 1 Vz Feb 28 14 92 Vz Aug 31 28% Jan 86% Jan Oct 13 104 123% Mar 3 13% Jan 3 17% Feb 28 American 8 American 30 15% Jan 5 17% Jan 16% Feb 3 20 79 65 % Mar 16 76% Jan 6 116% Mar 16 14 3 — 41 Jan 3 12% Jan 92% Mar 16 44 3 140 35 Jan 9 Jan 13 23y2Marl7 61% Mar 17 66% Feb 122% Feb 3 126 Aug 4 124 Feb 7% 2 6% 23 Jun 21 Jan 4 19% Mar 16 27'A Jan 16 28 -38% Jan 20 27 VB Jan 3 34% Feb 28 26 82% Feb 3 76% Feb 27 85y2Feb 8 Jun 10 31 ys Feb 23 28% Jan ■ 3 34% Feb 27 33% Feb 25 34 30% Aug 26 30% Jan 11 4 108 % Dec 30 103% Jan 3 51 % M'ay 19 65% Dec 20 64% Jan 27% Mar 15 79% Jan 115% Mar 1A Feb Jan 117 130 Vz Aug 4 31 3 128 Feb 51 Feb 19% Jan 1 15% Jan 29 % Sep 27 28 27% Sep 7 25 Feb 14 Mar 20 273/2 Feb 4 17 Vo Feb 17 63% Jan 3 - 33% Feb 1 42% Mar 55% Jun 17 31- 30% Dec "■ 6 20% Jan 27 41% Jan - 4 ,; 58% Mar 68% Jan 15 44 Jan - 3 l54% Feb 11 33% Jan ; 4 42% Feb Sany 15% 15% 20% 20% 21 is y4 15% •15% 21% 15% 21% 21% 15% 15% 21% 2,000 21% 21% 21% 21% 5,400 103% *101 Vb 103% 101% 107 101% 109% 107% 113 >/4 113% 2% 115% 112 2% 85 Jan 12 36: Feb .17 30.'/'a Mar For 44 Va July 5'i 3 33% Feb .. 90% Jan 13 44% Aug 12 37 Jan 17 46%" Dec. 13 46% Jan 3 footnotes,/ see page 28. 16 115% A 30 117% - — _ ' - 67,900 552,600 *83 42% x42 % 84% •83 43% 43% 84% 43% 42% 42% 42 27% 27% 27 Vb 27% 43% 2,100 27% 27% 27 27% 48,700 84% ♦83 84% *83 > *93% 16% 17 Xl6% 16% 16% 16% 16% 51% - 95 52% 16% 51% 16% 51 51 Va 49% 51 49% 49% 16% 17 17% 80 17% 51% 17% 95 *93 Vz 95 *93% 95 *93% 95 21,300 1,600 1,500 15% 16Vb 16% 16% 16% 16% 17% „ 17% 17% 18% 17 Va 18 Vo 18% 89 Va 91 89% 92% 89% 90% 38 Vz 39% 8,700 39 40 38% 39% 62% 64 65% 64% 65 8,700 14,400 88% 90% 91 93% 36 Vb 36% 36% 37% _1 58% 59% 103 58% ■ 60 Vz 61 107% 105 108% 107% 109 19% 19% 20 109% 116% 113 53% 116 54 54% 53 V* 54% 51% 53% 52 15% 16% 53 15% 16 15% 15% 15% 16 143% 15% 16 39% 40% 52% " com—5 - 49% 50ye 21% 22 V2 57% 58% 1433/2 143 Vb 65 y4 common—__25 241,900 143% 143% 143% x37 39% •142 39% 143% 142% 40% 39% 15,400 103,000 142% 60 40%. 43,000 47% 21% 57% 49% 48% 48% 483/4 48% 22% 22% 23 22% 23 23% 58 \'z 23% 58%, 59% 9,900 59% 60% 60 y2 613/4 142% 143% ♦142 Vz 1433A 16,500 142% 1433/4 142% 142% 240 653/4 653/4 500 *1223/4 124% 66 66 *122% 124 % 20 Vb' 21% *142 39% 37 17,500 - 66 <'122% 20% 124% 21% 47% 1 66 •122% / 66 493/4 *65% *1223/4 15,300 66% 124% * 124% 20 21% 19% 20% 20% 21 34% 33% 34 y8 11,400 34% 34% 34% 343/4 81 81% 16,000 81 813/4 81% 813/4 81% 32% 32% 32% 32% 32 4,600 32% 32% 32% 32% 32% 25 31% 32- 82% 32>/2 32% 2,600 32 Vb 33 32% 32% 33^1 113% 114y2 32% 323/4 111% 2,700 113% 111% 111% 112% 112% If* 150 1A W<r 71% 727/a 72% 73% 73 126 Steel Foundries—j. Sugar Refining com——25 preferred : - - 100 preferred 126>/2 series—-: 6% 5V2% 25 126% 46% 22% 22'A 47% 22% 28y2 28% *28% 283/4 27% 27% •27 15% 16% 77%- 79V2 783A 79% 23 V2 24% .1 Electronics Corp„1 ' 50 '^" 84 preferred— _—__.i—-Nopar " ~Anderson, Clayton-& Col;—:<«__21.80? y' American-Pi'ichard Oil Corp-^-illlO ; : _ 600 6,000 55 28% *28 28% 27 *203/4 27% 110 16% 153/4 16% 11,800 76 78% 77% 78% 78 793/4 9,400 25% 24% 24% 23% 24% 523,400 57% 56% 57% 21,100 51% 52% 52% 52% 26,500 36% 37 37% 38 383/4 1,100 423/4 42 42% 42 423/4 4,500 94 41/ " 5,400 49 4,100 553/4 513/4 377/8 37 37 % 36 y8 423/4 42 , 300 5«y4 54% • ' .... 42% - 39% 22% 16 50% ;_48% 22% 28% 50% *93 ,94 „ 223/4 23,500 24,700 27 ,50 42 v 47 126% 16% 55% , :—6.25 46% 273/, 50% "37 1253/4 47% 24 25% 53% ' 54 Va <Ss Common—.— 24V2 1253/4 154,900 7,477,500 153/4 50- , Cable—.:__No par Anchor Hocking Glass Corp— y %'■ • 1% 74% 22% 223/4 285/a A Anaconda Wire . 22% 16 ~~ 113 l/k 74 46% - 28y2 & 13* 743/8 125% 47 273/2 Amphenol-Borg f l3»* 73 126 46% _.«.*27 ' 15% __25 series Lead Ampex Corp y lii 73% Smelting—1 Zinc /,'« Anaconda Co - v / 1123/, AMP Inc endorsed shares—j_——1 ■ - 1% 126% 47% 223/2 Corp__ 25 Water Works Co com—5 127 > 47 " Viscose Preferred American : r —; Preferred v 23 44%,Feb 16 *49-/Mai- 17 v 2 33% American •'s 6 93%>Feb . iff 82y2 6% 28 * 43 Vb Feb 2 93% Oct, .28 ■ . 5 1 103% 83% , 31% Oct 1% •101 2,000 27% *93 % Develp'm't Corp_l Co 18,100 s 15% -25 — 3,500 18,700 84 34% American 25% Mar 14 27 27% 192 y4 81% *101'/a 1 ■ 54% Jan 17 42% Oct ■73% Jun 20 26% 190% 82% 112% Chem—No par Rights 79% Mar 14 24 45, 20% 26% 191% American Tobacco common—,_12.50 21 ' 79% 80% 28 13% Jan 26% 190 79% 500 3,300 35,200 33% 7% 4 26% Jan 7 19%. Oct 29% Jan Jan,13 28 26 2 American Tel <fc Tel Co 23% Feb 15 -18% May 17 8 Jan 41 11 _1 American 9 20 10% ——1 23 3 16 23% Jun 11 2,500 42 non-cumulative American 1 Jan 44% Dec 25% Mar _ American Stores Co 16 121'A Jan 32% May 11 4 3 ,. ..." 3 75% Feb 1% Mar 15 19% 27 preferred_10O Amer South African Inv Co Ltd—£1 27 18 19% 21% 83% Seating Co 10 Ship Building Co__No par Smelt & Ref'g com_No par preferred 100 American Snuff 20 Sep 61% Oct 19% 103% , American 145% Mar 19% 109% American 3 3 33 *101% American 16 54% Jan 3 25 & Amer Research & V 14 60% Jan *19% 63% 23 33 143% 12 136% Jan 20% 62% 23 32% 15 Va 1—100 Co Co_ Std 62% Aug 24 Mar Optical «fc Feb *20 77 63% 23 Va 109,100 7,800 21,200 21% Corp _1 of 111——1 Photocopy Equipm't Co_No par Potash 133 "A Dec 20% -No par Rad 50y2 Mar x20 6 40%,Mar 13 3 82% 26% 78% 1,400 150 23 191% Metals-No par Inc com—1 Gas American 14434 Aug 25 117 Natural Dec 59 Mar 26% 77%, . 10% 189 y4 Co— American 143%'Mar 11 26% News Co Amer 10% 191% No par 16 Va Mar 13 8 33% Jan American American 11% 10% 26% Corp——_1.66% American 24 11% 189% Co Meter 54% Mar 15 4 Mar Feb 19% 27% Products— Metal Motors 16 19% 79% — Molasses 18 , & preferred American 19 19% 189% _____^____100 American Jan 19% 78% Climax 9 Jan 19% *32% 26% No par preferred Mar 17 Jan < 36% 1% 26 52% Mar 22% 36% 188% _ 4V2% 3.90% 63 Vb 22% 37% -1 preferred 100 & Fdry com—3.50 28 86% Feb 62% 23% Corp—2 —. 21% Oct 13% Dec 54 Rights 63 22% *36% 11 par 62% 23% 37% 19% Mach 93% Feb 35% Aug 16 17 28% Oct 42' 7 63% 23 __—12.50 Co—is prior 62% 22 37% 5 Products—- 10 34 ___- 5%% American 86 Co_____10 — American & Foreign Power—No 90% Jan 54 ' •<;. Export 15 145% Aug 24 — Mar *41% Secur No par Lines Incli—40c Metal 1 16 V4 Feb Corp Machine 48% Aug 12 1 7 38% : 20 24 11 Vo Nov 37% American Sep 33 !/o Oct 138% Jan 38% American Jun 85% Dec 37% Power 21 44 11 37% 47% 26 18 14 36% 47 Va 27 Aug 43 % Apr 46% 36 y4 44% Feb 18 43 V4 Apr 36% 28% Jan 29% Apr 82% Dec 36 44 3 22 67 44% 4 21 - 87 43% 24 17% Dec 18 44% 34% Jan 13% Oct Apr 43% 34% Jan 49% Mar 16 55% Mar 23 8 10,500* 4i y4 a. 44% 87 ! 8 23% 41 86% 83 V4 Jan 6. 5 26 Mar 23 42 Investment Co 9 23% •6% International 99% Jan 22% 5,100 41% American 9 22% 1,300 21,400 < 42 American Sep 92 86% 3 Feb 49% 88 *41 % 23 22 Vi Mar 49 88% *84% Ice 16 48% 83 85% American 6 47% 81% 43 22% Feb 27 3 37% 37% 47 22% Hospital Supply 13% Jan 37% 47 78 85% Home 20Va Jan 37% 47% 42. Hardware Corp 6 38% 86 American 9 15 • 38 42 American , 37% 76 American 16% Jan 23 16 37 37% 22 American 20% Sep 27% Jan v 37% 77 *47 36% 37% 75 8 15 58 Va Jan 2 500 37% 37% ' 9% 22% 8 ' 46% 20 74% 18 Feb 20 86 Vz Dec 46% 49 9V4 22 Vb Jan 13 y4 Oct 1 No par 9% _No par 201% Feb 17V2 Feb 14 Cable... Co_. 4%% ll»A Mar 10 3 26 & American 21 Mar 17 21% Feb 4 31% Sep Chain American Chicle 48 y8 *19% ; r 9% Amer Commer Barge Line Co—____3 European Jan 76% Jan 37% Enka 61% Jan 20 y4 Jun 36% 37% American 36 Va Mar 4 37% 37V4 American 176% Jan 49 Vz Jan 37% 9 14 103 12.50 common 24 18 < Co Electric 15 4 20 American 62 % Dec Jan *19% 9% 35% 38% Jan 94. 49 20 9% American Distilling Co —_—10 198% Jun 15" 48% *19% 1 preferred "American '.•=./"• Radio -43% 9 ' 29 22 '/a Sep 142% Feb & Crystal Sugar com_—^_10 prior preferred -—100 American Cyanamid Co_———' 10 37' * 3 8 % Jan Can 7% Mar 17 24% Jan 32 Vz Mar 16 17% Jan American " 48 20 25 Cable 67 3 20 y« Jan 28 46% :_ Corp preferred American 38% Mar 17',y^v." 20 57% Jan • 5% 47% Mar 17 ' 46% Jan Broadcasting-Paramount Theatres Inc common 1 52% Feb 28 j . 40 * 48% x41'A *92% 39% 48% • 94 *92% 94". 39 3/4 • 39% • 48 y8 48% •, 39% 48% - ' •; *»2% 94: 39% 39% 48% 48% *92% ' 393/4 - 49 * .. v 18 The Commercial and Financial Chronicle (1238) . . Monday, March 20, 1961 . NEW YORK STOCK EXCHANGE STOCK RECORD STOCKS Range for Previous NEW Range Since Jan. 1 Year 1960 Lowest Lowest Highest 20 40 % Jan 5 33 % Jan 3 41 Feb 23 Va July 26 39% Dec 28 37% Feb 21 46 Mar 16 57 77% Jan 4 67% Jan 3 30% Sep Sep 19 Sep 28 42% Feb Jan 26 53% Dec 13 83 % 28Vc Oct 24 44 Vb Jun 20% Jan 26 25% Aug 22 24 27'/a Jan 5 23% Jan 4. 22 37% Jan 5 July 25 1 , 38 VB 38 391/4 38% 39% 43% 44% 44% 46 43% 44% 12,200 10 74% 74% 74 74 Va 74 74% 74 Va 74 74 74% 75 Va 18,200 5 44% 46 45% 46% 56 % x46 48% 47 Va 48'/a 47 Va 48% 1 56% 56 56% 56% 56% 83 83 83 82% 82 Va 37% 37% 38 38 39 13% 13%' 26 VB 28 Va Steel 7 Mar Armstrong (Del)_ 24 31 Feb 28 Aro 9 26% Feb 15 Arvin Jan 4 27% Mar 14 35% Jan 4 45 Va Mar 14 27 Dec 75 21 69% Feb 7 76% Mar 17 Mar 10 108 Feb 9 1C6 July 18 102% Feb 7 '49% Oct 10 63 Jan 4 53 Vi Jan 3 61 % Jan 31 20% Sep 27 27% Jan 5 21% Jan 3 25% Jan 18 3 10 % Mar 100 56 Va 82 83 1 36 5 Industries Inc — 9% Jan 7 10% Aug 29 28% Feb 1 38 Va Aug 29 35% Jan 4 43% Feb 27 79% Jan 15 13 87% Feb 21 5 48% Feb 2 88% May 11 84 Jan 43 •' Jan 40% Mar 4 58% Feb 24 31% Jun 17 43 % Dec 29 42% Jan 74% Jan 76 57% Mar 16 5.25% 1st preferred— Investment 8 83% Mar Jan Common 5% 4% 80% Aug 18 5 6% Jan 15% Feb 4 3% Jan 4% Feb 27 Atlas 2 15 13% Feb 14% Jan 13 5 r/o 26 96% Jan 26 95 Jan 26 Atlas 12% Aug 1 20% Oct 31 20% Jan 4 13% Jan 19 Feb 9 24% Jan 11 21% Feb 23% Jan 19 52 Va July 11 34% Jan 44% Feb 28 66 31 Oct Mar 11 \ B preferred 73 • Jan 13 17% Aug 18 13% Jan 3 17% Feb 2 29 7% Jan 5 4% Jan 3 8 19% Mar 30 16 27% Oct 5 37% Jan 4 36 y. Jan Mar 16 31 17V8Jan 4 12% Jan 26 30 Va Aug 12. 27% Jan Corp Avco 1 —20 98% Aug 30 Babbitt (B 100 27 Jan 4%% Gas 4 8 82% Jan 12 87% Feb 13 14 28% Jan 3 47 Jan 19 22 y8 Sep 28 34 15 28 Jan 3 47 y2 Jan 19 18 4% 11 54% Jan 5 63 9 53% Jan 4 62% Jan 19 13% Mar 9 17 20 45% Oct 26 43 V* Oct 26 59 12 % Dec 21 13% Dec 16 Jun 1 72 % Dec 29 65 17 16% Oct 12 27 25% Jan 14% Nov Dec Feb Jan Jan 70 Va Mar 17 24 4% 6% Barber Oil 15% Jan 3 19% Mar 15 Basic 18% Feb 8 22 y2 Mar 15 Basic 3 56% Feb 1 Bath 46 % Mar 3 Bausch 10 35% Feb 17 Bayuk 51% Jan 6 64 31 Beatrice Foods Mar 16 275 7- 5 Dec 1 97 3 15 y8 Sep 20 25% Jun 62y2 Jan 13 103% Sep 78 21 Apr 83 Aug ' 94% Jan Aug 29 90 % Feb , 275 9 17% Mar Mar 16 11 97% Feb 21 8 19% Feb 8 136'/a Mar 17 3 Lomb & Cigars Beckman Co 84 22% Jan 6 Beech Aircraft Jan 6 35% Feb 8 Beech Creek Oct 12 18 34 50% Dec 29 48% Jan . Mar 16 61% Mar 17 16 Beck Shoe (A 81% 41% __100 23 Bell July 26 89 % Feb 14 93 '/a Mar 16 12 y. Jan 3 Bell 31 24 74% Jan 4 62% Mar 15 72 Jnn 3 34% Dec 22 33 Va Jan 4 43 Mar 45 Jan 7 50 Vb Nov 28 48% Jan 12 1 Co Intercontinental Corp 5 v. — 16 50 Vs Feb 23 Eereficial 5Vo Jun 10 1% Oct 20 1 Va Jan 3 1% Jan 19 1 38% Jan 13 33% Jan 3 37% Feb 16 Best 33% Feb 8 50 Jun 8 37 Va Dec 5 57 % J an 4 138 Va Jan Aug 26 151 6 & Co Jan 3 48% Mar 13 Bestwall 39%. Jan 3 47% Mar /V: 18 Vb • 141 Va Jan 3 Feb 146 6 27 12 Vb Jan 3 i5% Mar 17 71 * Jan 6 76 41 J an 9 54 7% Steel 42% 43 Va 17,400 14 Va 13% 14 V a 31,700 30% 30 30 Va 30 30 Va 30 >/8 30% 10,900 96.,. 96 95% 96 Va 96 97 87 Va *85 ; 7 6% :>• 96 86 34% . 87% 34% / 34% 32 Va 32 Va ■ Va *85 56% 56 *85 preferred 21% Feb 3 18." 82 'Feb •8 35% Sep 26 37% Oct 24 53 Jan 4 32% Jan 3 42 Va Mar 17 21% Dec 23 29%. Jan 6 22% Jan 3 28 Mar 13 Bliss & U (E W) 49% Mar 25 • 20% Jan 4 16 Vs Jan Mar 28 39% Dec 20 35Va Jan 28 Va Jan 6 22% Jan 6 Feb 27 4%% Black Decker & Blaw-Knox 22% Mar 17 26 Oct 12% Oct •' 8 Bliss 47% Mar 17 4 33 21 Mar :1'' 56 Boeing 27% Feb Bohn -50c i. 10 27% Co ... 17 Airplane & Brass 66% 67 V 67 ya 70 69 70 Vb -:■• 19% 18% 19 Va 18% 22 Va 22 22 y2 21% 49% 49 y4 50 49 Va 50 42% 43 'V 42 % 42% 42% 43 Va 42% 26 22 Va Feb 11 18% Jan 5 22 Va Mar 3 Bond 24.% Feb 10 19% Jan 3 31 Va Mar 9 ? 67% Dec 5 56 Va Jan 20 48 V2 Jail 6 35 79 Va Mar 30 78 40 % Feb 1 31% Nov 2 76 Va Dec 15 18 V4 Aug 10 59% Feb k 5 42 79 Va Jan 41 Va Mar 17 29 28% Jan 3 Sep 69 Mar 17 3 3 Dec 29 67% Mar 17 Jan Jan - 22 67 Jan 11 76 Va Mar 4 2 Stores Borden —-1 i 1 Co 43% 35 34 Va *265 19 ■ ? ,3.4% - 56% 58 '/a 285 "57 Va Y'Y V. 285 ; S6Va •17% 18 Va 122% 84' 126 83 Va 58 f-L.ry. %4: 19%i,;> 132 136% 84 84 19% 18% 34 y2 *33 Va Food Borman Stores Edison Boston Boston & 22 11% Jan 13 5 Va Jan 6% Jan 19 57% 56 Va 19 20% Jan 18 9% Jan 11% Jan 19 5% 8% Oct 31 13'/a Jan 4 8% Jan 12% Feb 8 6 23% Jan 37% Feb 28 39 VA Jan 47 —25 30% Oct 38% Nov 28 41 Va Jan 9 Jan 11 5% Dec 12 12% Jan 12 6 Jan 43% Oct 31 63% Jan 4 48 Jan 38% Feb 17 66% Dec 30 •76'/a Jan 4 25 Mar 22 104 Mar 16 Mar 3 7% Mar 10 55 Mar 13 80% Mar 64% Jan 6 78 VA Jan 11 86 y4 Mar 14 30 30 Va Jan 11 35% Feb Aug 25 82 106 y2 Jan 10 Aug 30 31 Vb Dec 110 110 Mar 17 1 • 30 80% Mar 30 44 Jan 17 74% Mar 7 35 Jan 5 40 Feb Dec 7 24 4 13% Jan 3 22 Mar 13 24 VV; . . 3 *33'/a 57 Va 58% series preferred Shoe 59 34%-'' 61% 10,100 15% 15% 15% 15% 15% 1,800 59 y4 59% 60 '/a 60% 61 Va 42,300 *92 Va 93% 93 Va 93 Va 14 14; 14% 14% 14'/a • *93 94 14 Va 10 14 Va 13,700 63 Va 62 V4 62% 62 Va 63'/» 15,4 00 39% 39 3 4 39% 40 40% 41% 32,030 49'4 49 V4 49% 49% 49 Va 49'/4 49'/4 2,300 1 Va 23,600 1 Va ; 1 Vb 1V4 37% 37 48 Va 47% 48 45%. 45 Vb 45% 145 ■" *145 14'4 14 63 1% 37 1V4 37 37 Vb 76% *75 Vb 1 Va 37 37y4 48 Va 47V4 48 46'/4 46 145 y4 145 Va 1,100 47 Vb 144% 9,400 • 94,000 144% 400 14 Va 14% 14 Va 14 Va 15 Va 10,500 76% *75 Va 76 Va *75Vi 76 Va 51% 41 27% 27 Vb 21 Va 20% . 45% 145% 41% 51 Vb 63 .47% 51 Va 52 51% 41% 41 ; 27% 27 21 Va 20% 42% 43% 44% 451/4 24% 24% 24% 25 '21 ' 31 62% '39% ■. 78 x36% 36 -K'V'75 75 Va 51% 51'/4 51 Va 2 590 42 41% 42'/a 7,800 27 Va Vs 26% 26% 2,„OJ 21 22% 21% 22% 33,70) 45% 47 46 47% 231,900 *24% 21 %' ' 19% 21 29% - 31% 31 25 24% i"24%A 63% 19% 63% 63 V8 40%; 40 Vb 41 78 78 *77% 37% 38% 74% 75% 37% 1 75% 1,100 20 Va 41 Vb 78 Va 64 VB 20% 20% 6,100 30% '30 30 301/4- 8,400 65 % 66 Vt 67 3 a 26,900 41% 41% 42 24.590 79 78% 78%- n9 Va 40 y8 40 Va 41i/4 74 y4 Co Inc Corp Line Bucyrus-Erie Co Co — - W- ' ' Vy34V4 46 *45 • 7*/a x. 54% 86 7% • 75% 74 Va 75% 5Va 5Va *10 Va 10% *10% 209 15,800 - - 4,900 10% 11'/a 34% .10% 11% 11 Vb 11% 34% 353a 34% 35 3 46 *45' 7% 5. 46 7 Va *45 V 5Va 1,300 500 ■ 17,000 17,090 b '46 7% 7VB 7% 54 54i/4 53% 54 Va 4,300 79 Va 791/a 80 Va 78% 79% 22,300 86V4 *84% 86 85 85 55 78%. 86% • 5 Va 10 v 54Va 55 '• 78a4- 86 10 /." 11V4' - 34.'/2 -35%- " '•• "•••34 /\^34% *109 109%' : *109 109% • 80 80 78% 7S 63 65% 62% 64% 38%;' 38% '/iV 38% 38% 21 V\ 22 y ' y 20%' 21% V. -1—a*_15 : ,_No par :_No par l— ' ,v; 34Va 77 _1 A——100 'X — 10 7 7% v 5Va^"'5Va 51/2 ' '11% *45 . Gas common——10 Brooklyn Union Buckeye Pipe 32,900 18 Va 34% • x33% preferred^————,_100 5.50% •^0 20 Va 18% *33Va • 57% 40 Vb ; 11% 50 3%% 22,800 84 Va 15% x27Vb : : 40 Vb 5% 10; . 3.50 Brown Jan Dec 38% Dec % Jan preferred Briggs Manufacturing Co Briggs & Stratton Corp— Bristol-Myers Co common— Brunswick 68 50 12% convertible ■ 100 Airways Inc—2.50 Bridgeport Brass Co common 5 8 19 1 4 29 No par : Braniff 4'/a% 12,800 136'.'a". *83% RR— preferred 8 76Va Aug 44% Dec 29% Aug 66 Jan 48 134 Va 39% *75 63 % Y 74 vb 10 150 ' 93 y2 14 • -78 35% 19 57% 45% 21% " 39Va 98 '•'18 Va 18 VB 34 Va 47% , 21 Vb 78 *97 62% 51V4 62% 2,200 6,800 49% "31% —_1 Common 23 Inc_ Co— Maine Dec 5 ;" 35 57% 300 58% 145 25" -100 5,300 8,600 37% - 43% —5 2,700 • * " • 28 21 Vb 10,.i00 • 56 *279 97 w11.1814 ' 34% % 275 275 129% *83 Va >• 35 34% " 57Vb ': 96 Va I8V4 *92 Vb 25 X31 ■ .7.50 Borg-Warner Corp common— 3%% preferred—— 9% Dec ; Inc__1 •■^•v Book-of-the-Month Club Inc—-1.25 3,200 22% 49 200 3,200 19 21% ' 17% May 11 500 55% xl8% ' 18% Oct 57% r 19% 13% 42% v- Corp_ —5 3,400 67% ; *33'/a 1 1—_ —5 Co—' Aluminum 32 Va 15 Va V \ 40% 20 Va " 24 32 Va ' x51 Vb r:. 393b — Inc_ 32 Va 15% 77 .2.50 Mfg Co Co Laughlin 3,700 55% 123 146 14 35 57 1 Va 14:,; 20 34% 32 Va 32 % 34% 15% 37 Vb *75 Va 590 86 34 >/a v.Y 55 %.'• 63% *144% / 51,200 56 5 48% Vr"" 7% i5s/a •45% -100 : ; Inc common— —5 pfd series of 1951— -100 19 69% Oct 7 55% 1% Bigelow-Sanford 11% Dec -. 7% . 56 ■":■■■ 31 Va 48 142,400 43% Va ■ 280,100 co k- .50 15% 14 v / 19% 27 Vb 13% 57% '-v 45% common J--8 (Del) - 42% *36% 40c Co__ Gypsum 1 . 14 *82% 39 Vb 1 . 42 % 98 49% 2 pesos ; 6% 57% 49% - 29 13% *15% -16 39% Inc 18% 19 Vb 26 Va • 41% 17' - —50 H 56,000 50 ; common- —-1 Inc Bethlehem 42 Co Consolidated Benguet 30% Nov - Finance preferred 43 Vb 6% - 93% 63- ./• ' 1 42 ' 56'% 58 13% • . 600 23% *55 Va 58 15% ' Corp—1 17% 14% 34 % 19%- *92 42% 94%- ' *22% 41% * 58 '1*270 , 34'/a 56% 10o • . 17% 23'A 40 Va . 41% 4,800 94V- ' 17 16% x22% - 21 Va 82% 56Va —_1 common—No par preferred— Bendix ' 561/4 Oct 32% Feb 92 xl5% ' > 129 *33'/a 9t 5.500 15% v 18% 19 —10 Belding-Heminway—— 28 15 23% 54,500 18% J .^98 82% Savers Corp 16 Va Feb 63 Va Feb 58' 123% pfd—100 50 4 14% Feb *95% 1 13 30 ' Inc—1 14'/a Jan 4%.% 17 *22 Va 680 4'/b 13% 13% x49% 31:0 " "18% RR-- Howell 91 Va *16% 14 ' ' 91% 17% 4 4 Vb 8 56 34% 57%' ——2.50 4%% 48% Jan & 34% *270 3 7'a 13 3 60 76,600 21 42% Corp Beech-Nut Life y 4" 2,60) 7,500 . *66 Va v. 50Va 12.50 - 14% 20% —No par 13 17 Va Aug 11 Va July 27 . 13% 32% "18% J— S) 3% 13% ••D-1% 56y4 '67'% 18% - preferred—-100 20% Mar 29 93 82%- *55% 49% common-- Instruments 6 8 % Apr 25 83 81% 3% 13% 96 14% ———10 Inc Mar 25 89% Feb 82 83% 34%' 57Va 20% preferred—— Mills Jan 42 57% Jun 82% 537b 86 x * 65% 1 4Vi% Beaunit Jan 7 8 57% 53% 1 30 • 32 10 — Inc__ 81 14 19 55% 53% . ' 96% '/ 14% _1 •_/. Inc prior 87 19 y» Nov 14 % Jun 57% 85 13% *55% *'56 10 — Corp. conv 2 ,31% Dec 37% Jan 54 44 3 4 41% ' /'86% 34% *56%' v —:1 A 3%% 10 18 32% Mar 31 Jan *85 preferred_100 Corp Works 33% Jan Jan 56 % Dec 45% 44% ;T6% V 30% 96VY 100 Corp. Inc__——: Products Iron 4 45 45 V - • 6%' 30 - -TOO ... Corp— 40% Jan 249 No par com Aroostook & 14 3 44 Va 86 45 . 334/' " 41% 41Tb 13 % .'13% 13 Preferred stamped————100 Bangor 8 •" • 32 23 5 44V/a *85 - *22% A23% 19%' . 100 58% Jun Mar 21 86' 13% 42%- : : 3 Mar 85% 90 1 non-cumulative 8 Oct 11,900 85 86 82% . 34% ; 39% May 37 IOVb 41% 27% .//■'' 41'A 100 47% Jan 30% 10 41% 53 91 & Ohio common-., 57% Aug 183 54,400 10 V8 40% is preferred series C Baltimore 34% Mar r 24% 10 40 26% & Elec Stamped 18 24% 10 Va 40 Va 18% preferred series B 94 Va Jan Sep 49 24% 27 Va Baltimore 43"% Jan Aug 24 10 40 26% .'" 27% ' Babcock & Wilcox Co_____________9 ' 62 % Feu 24 Va " 3% 26% 7 180 23% 13% 18% 30 y2 Mar V 10% *85 __5c Corp 107 41 40% Baldwin-Lima-Hamilton 107 24% Y40%'; 41% / 18% "19% Amer.2.50 6 107 3,700 10 *16% Inc T) 600 YV/ •76% 40%. 17% Corp/^i: 76 . 24 82% • 88% -- 1: Electronics 75% - ; :■ > 22% of 21,500 4,300 16% Co 74% 107 107 Va *22% Corp Avnet 8 Aug - No par Automatic Canteen 31 88 107 Va ^ - 74 Vb 74 ($1.20)-—No par commons pref 44'/a 60% 82% 3% prior 27% 60% 54% 13% Nichols / 60 Ta 53% —20 Conv 27 y 44 Va 60 10 ——_X Austin 27 »/4 44%; . 44% 60 86 common— Jan 18 27' . 60 ' 41%; *85x . preferred— Powder Co_iAi-A 24% Oct 90 Va Jan *■ .6,800 60 Va 44% 43% Mar 16 20 80 106 Vb 44 %//" 15% Feb 3 24 '/a Jan 7% Mar 16 10 '11% Oct v 44%- 150 5,200 25'/a-: " x40% . B 4 Va Aug 27 Va 44% v.. 24%: .v. 60 44% — 25 " s 73% 100 common 26 Va 24% . ' 19% Dec 11% May 11 18% Dec 30 series 10% 180 ./ a V Coast Line RR-i__.No par $3.75 4 24% 10 • —100 1 Refining .V"" 13 3B 25%. 25 27 Va ' "'45%- 13% '■ 24Va' X , 106 % 60% 24% 'f com_—4% % 73 Vt 107 V'2 60 „10 preferred Atlantic Dec 107 preferred—lo' City Electric Co Atlantic 45 Vb 74 % 4,100 17,200 - 10 * — *13% ; 13% 26 Vb 1 ••'>••■ 26 VB 271/8 ".27% v," 61,300 , ^ ■ 73 v4- 100 — 36% 25 • Co non-cumulative Atlantic 45V4 26 - ■ Goods Corp— -1 Associates 27% 24 1/2 ■ *81 Va 13% 25% . 25% 27 Va - 36% *13% 26 24% *44% Oil <fc Refining common—1 preferred $1.50 series- _No par Common 13% Dec 3 " X36 , 56 Vb 5,900 ' 83 13% v 2o% " Ashland Atcliinson Topeka & Santa Fe— 3 9% Jan . .—2.50' 56 *81 % 36% *13 'A —2.50 Equipment Corp—« 2r.d , 55% Co— 15% Jan 8 Mar. 18 _No par common Rubber Associated Dry 56% Jan Co Arnold Constable Corp„. Feb • Co _ — $3.75 preferred 20% Feb 20 & Corp Armstrong Cork 16% Oct 18 38 45% Armour 19% Oct Shares 39 44 16 13% Mar 16 11 the Week Mar. 17 38 Va 23 10 Friday Mar. Hi 44% Armco 39 Thursday 39 VB 48% Mar 17 3 Sales for PRICES 42% 59% Feb Jan SALE HIGH Mar. 15 38% _ _ 83% Feb 30 9 AND Wednesuay Mar. 14 5 Corp 4 _ LOW Tuesday Monday No par Oil 75% Mar 17 3 ' • Archer-Daniels-Midland Argo 11 12 V2 Oct 29% Jun 28 Jan 37% Jan 50 Aug 26 i STOCK Par 78 Va Jan 21 Jan • 19 39 75 29 YORK EXCHANGE Highest 33 Va 34 Va *108 Va 109 75% 75 Va- 20% 170 '33% 34 Vb 5.100 109 Va 109 Va 200 76 Va ' 76 Va 1,100 70% 68% 38 Va 3,300 69 71 Va 505,100 38 Va 38% 38% 21% 20V4 211/4 1,090 , 37,iC0 ' -V 13% Dec 6 27% Jan 137/a Feb 13 17% Jan 19 Jun 6 86 Sep 80% Jan 9 82 y2 Jan 25, 26% Jun 2 24 Jan 29 32 y4 Feb 8 17% Mar 2 80 10% Oct 26 17% Jan 11V4 Jan 30% Nov 7 14 VB Apr 29 16% Dec 2 24 4 72 Va Dec 9 76Va May 13 Jan 21 66 36% Aug 23% Aug 25 Jan Jan 38V4 18 18% 18% 77'/a *68 84 27y8 36Va 19V4 77'Va 19V4 19 Va 78 78 *78 79 *78 70Va 79 *68 70 Va *68 701/2 -1 2334 24Va *68 *82 V2 263j» 36Vb *2.3V2 70V2 84 27% 37% 3.33V3 10% 10Va —5 1 48 4% 48% 5 -5 15% 15% r Ltd—..1 Campbell Soup Co^ 1.80 Canada Dry Corp common—1.66% $4.25 conv preferred No par 13% 93% 23 87. *47'.% 50% 22.% 13% 94% 23% 88 . 50 -. * Co Inc— - Burlington 2 27 y2 Jan 3 38 Mar 17 Industries Inc com_^.—1 preferred ; ; 100 3V»% preferred ———100 4 Va % second pref—, 100 Eurndy Corp 1 Burroughs Corp__^ 5 28 Sep 1 21% Feb 28 25 Mar 10 Bush 16 Jan 4 8ys Jan 3 13 Feb Byers Co (A M)_- 4 49% Mar 67 Va 68 81 26Va Dec 5 40% Jun 23 13 38 18%' No par 1 —10 Inc Watch 78% Mar 12 31 38 Vb 17V4 Bullock's 20% Mar 16 15 3% Oct 37% 5 5 common Forge Co Bullard Co^ —:—, 16% Jan Sep 37% Jan 5 Co preferred- 73% Jan 82 Va Sep 24 14% 82 Va 30% 15V4 $5 Buffalo Bulova 6 7% Oct Mar 17 14% *81 Va 30%, 14% Budd 18'/a Mar 13 78 Va May 20Va May 27 41 ;31 Jan 157/» Jan 6 Feb : 69'/a Feb Jan 26 84 Va Mar 17 Jan 30 y2 Feb 26 13 24 28 4 Ve Terminal Co — 43% Nov 28 7'/a Jan 6 38% Jan 4 Vs Jan 3 5% Jan 11 Callahan 6 26% Jan 18 13% Jan 3 17% Feb 20 Calumet & 9% May 13 18% Oct 20 13% Feb 27 18% Jan 12 Campbell Red Lake Mines 12% Dec 45 Mar 7 92 Dec 14 77% Jan 12 19 Mar 9 24Va Dec 8 21 Va Jan 4 80 Feb 6 99 Va Mar 17 24V8 Feb 27 California Packing Corp_ Mining Corp— Hecla Inc—_—— -26 87 Sep 12 83 Va Jan 25 88 431/2 Mar 14 49 Apr 29 44 Jan 19 49Va Mar 3 32 % Mar 22 45% Dec 21 44 Jan 3 51% Mar 9 Canadian Breweries 20% Oct 27% Apr 18 21% Jan 3 24 Va Mar 17 Canadian Pacific Jan 4 71% Feb Cannon 55 28 May 26 61 Va Aug 22 For footnotes, see page 28. 59 Mar 13 27 -•* Canada Southern Mills Ry.Co_! Ltd Ry Co—' / . 100 No par - 25 No par -> - •-*70 ■ 143b ; *81 Va 30Tb 15 . r.-71: 153'b 15% 15% 16'/b *81 Va 83Va 82% 82 Va 30% 30% 31 32 600 15% 16% 15% 16 11.500 38% 30Ta 15 Va 38% 39 41 3,900 ' 17% 85 Va 18% 20 VB 20% 82% 27 82% 27 27% 36% 38 22% 23'A 3,700 10% 10% 11 11 2,500 471/a 47% 47Vb 47% 28,800 5 »/b 5% 5 Va 5.1/4 28,900 15 151/4 151/4 15% 12,600 14% 13% 14% 13'/4 13% 94% 12,600 95% 951/4 96 95 991/4 8,300 22% 23 22% 22% 22% 86 % 22% 87 7,100 87 ' 87 *47% 49 >47% 48% 5Vo 4% 5% 15% X14% 151/4 'J ' 13% 14% 14 95% 23 *47V2 49 / 50'/2 50 50% 50% 50% 22%-. 22% 70%. 71 » 22% 23 Vb 22% 23% 70 »/4 70% 70 70 -* / 50% 30 ~60 84% 27 95 22% 88 k 84% 23 Va 48 Va 4% y 33,400 274,200 36% 15% - 17% 20% 36% 11 _ 300 26 Va 24 ' 17 Vb 20 65,900 *23% 36% 10Va 51 22% 14Tb 82 88 . 47 48 Va 49 *87 *47% 8,400 76.200 88 280 48% 501/4 50% 8,600 23Vb 24% 22,600 *69% 70% -- 600 Volume 193 Number 6039 , . The Commercial and Financial Chronicle . (1239) 19 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year I960 Lowest 5% Sep 13 V2 21 39% Oct J a il 4 49% Jan 5 23 Range Since Jan, 1 Lowest Highest 4 19 35% Feb 25% Jun 12 Feb 1 38% Sep 98 4 58% Mar 17 3 36 11% Jan 2 88 % Jan I 26% Jan 25 9 Sep •10% Dec 6% Jan 4 15y3 Mar 17 8% Feb 9 91% Jan fl 97% Feb 19 43% Jan 3 52% Mar 28 4 39% Jan 3 52 27 '/a July 22 41% Jan 6 32 % Jan 3 Carborundum 40 % Jan 10 Carey 39% Nov 25 24% Oct 10 43% July 15 29 Mi Feb 23 26 78% Jan ^5 7% Dec 22 Sep 7 y8 Feb 34 y2 Jan 88 Feb 8 21 Oct 25 114% Jun 17 71 % Dec Jan 1 13 Jan 26 3% Jan 3 6 30 Va Feb 1 89 Jan 11 22 Jan 3 115% Jan 6 9 8 21 83% Jan 20 y8 July 22 Sep 13 71% Jan 3 24 % Jan 51 49 52 43% 42% 43% 50 7% 31% Feb 21 Jan 11 17 Jan 10 7 5% 15 21% Jan 27 24% Jan 4 8 18% Jan 3 25% Feb 23 38 % Mar 6 48 ,-Jan 19 7 73 Jan 24 3 32% Feb 8 24% Jun 59 75 20 Sep 19% Mar 32% Jan 30 887/« Jan 27 .42% Jan Aug 17 80% Aug 4 17 59 28 8 23 27% Jan Dec 95% Sep 6 Dec 29 19% Oct 28 29'/a Jan 26 20 % Sep 29 28% Feb 13% Sep Oct Jan July 25 21% Dec 23 Oct 24 40% Apr 7 3% May "11 5 V2 Jan 18 70% Jan 11 11 ■ 26 : 40 ^ Oct 24 21 Dec 88 42 Jan 41% Mar 10 5% Feb M:i • 5 * >. 5 42% Jan 94 >/2 Aug 19 90 48 y2 Aug 22% Nov 25 41 28 26% May 3 41% Dec 20 38% Mar 15 43 %l Jan 6 38% Jan 6 16% Jan 4 29% Jan 4 20% Jan 3 28 Dec- ' 16 y2 Nov 10 4 V 7% Jan > 33% Feb 13 43 y4 Jan 4 32 Jan Is 48% Feb 9 28 c . 69% Jan 6. 59% Jan Aug 6% Dec 99% Apr 5 29 97 13 * Jan 18 24 24 Jan Jan 18 8% Feb 34 y4 Jan 21 16% Mar 15 19% Jan 18 19 43% Jan 6 21% Feb 27% Jan 19 35 Va Dec 30 40 y4 Apr 7 35% Jan; 13% Oct 24 26% Jan 6 ■V 50% Nov,1f 2 13% Dec^ '6 20% Dec 15 .69% Feb 26 7% Jan . V 3 14 9 i8% Feb 62 (13% Jan 4 42 42 62% 62% 60 60 61 Va 61% 29% 29% 29% 29% 29% 29% 43 42 42% 97% 96% 96% *96 ,61% 60% 61% 61 23% Jan Feb 19% Feb *96 —.100 Service—10 60% _—50 Public *22% Corp..,..2.50 West South *22% 23%. 27% 18%. 24, 23% 23% 23% 44 *43 45% *61 63 63 63 % 600 30% 30% 30% 5,700 29% : *22 % 42 *96 97% 20 62 63 64% 3,200 23 Va ' 42% 96% *22% 23% 22% 22% 1C0 21,000 40% 41% 41% Va, 41 41% 40% 41% 31 % 31 % 31 % 31% 31% 32 33% 32% 15% 33% 22,400 15% 16% 16 17% 17%: 19% 18% 37% 19% —__5 38% X37 % 32,600 38 37% 38 38 ..1 38% 36% 39% 18,200 38% 39% 39 % 38%, 41% '34% 38% 40 Co.——.———1 35% 80,000 34% 35 34% 34% 34% 34% 34% 19,000 4% 15,300 Corp— 4% ,-1 10 Inc./;— _~_L— Motors : 4% 55 56% 32% 4%55 32% 32% 91 % 91% *91 Vb 46% 26% 27% : 46 - 26% , "37% 38%, 41 % • 34% 4% •4% 55% 46% 41 - 32%, 32%. . 32% 27% 3 32% 32% 91% *91 % 92 46 45% 47 6,500 27%"; '•"27% 28 49,000 40% 38% 39% 38% 38% 25% 26 24% 25 24 24% 25% 27% 27% 24% 27% 25% 25% 26%. 26 Vb 26% 26% 26% 26% 9% 9% 9% 9% 36% 36% 36% 36% *36% 62% —1 .... 63% 62% 63%,: 9% 109 *97 7% *9V- 7% 8 9%, 109 62% 109 7% ;■ 8 9% 36 % 63% *97.. ; 39% 8% 37 62% •' ' a 9 1,000 ♦97 8 • 7% 17 16% 16% 16'A 16% 16%. 23% X23 23 Va 23% 23% 23% 24 preferred.—— 50 36% 36% 36 36% *35% 36% 36 36% St Paul & 17% 18 16% 17% 16% 17 Vb 60% 59% 60% 59% 59% 18 % 19 Va 17% 18 % 33 Vs 34 33 33% 19 .19 % 34 , 34% , Jan Pneumatic Tool————8 34% 36% 35 % 36% Jan 25 Mar 17 Chicago Rock Isl & Pac RR__No par 23% 24 24 24% Jan 25 Feb 21 Chicago Yellow par 21% 21% 21 21% *21, 18 15% Jan 4 12% Jan 23 17 Feb 27 Chickasha —.5 *15% 16 15% 15% *15 4 26% Dec 30 21% Jan 12 25% Jan 3 Chock ——25c 22% 23% 22% 23 22% 29 71% Jan 6 37% Jan 3 45% Mar 3' Chrysler —.—25 42% ,43% 41% 42% 41 16 Cab No 35% Mar 39% Jun 16% Nov 40% Oct 43 Mar 17 i 3 49% Feb 9 68% Dec 29 65% Jan 3 83 54% Feb 1 53'/a Dec 23, 50% Jan 6 24% Jan 4 20% Feb 13 51% Jan 4r. 44% Jan .4 14y8 July 14 18* Aug 25 12 27% Oct 41% May 19 28 Mar 4%% 8 Mar 17 16 14% Jan Jan 16 41% Feb 28 21 Jan 3 23% Feb -• 5 33 1 23 5 23% Jan 1 47%. Jan 18 44 % Aug". 5 59% Jun 23 53% Feb 23 58% Mar 10 Cleveland 90 Vb Jan 11 99 Apr 94 % Jan 4 98% Mar 17 $4.50 56 % Dec 5 62 Apr 8 32 ; Sep 30 35% Apr 11 42 Feb 17 72% July 14%. May 36% Dec 48% Mar 9 126 % Feb 12 48%. Feb 8 19% Nov 10 . 5 40 y2 Jan 7 56% Jan : 33 51 3: 60 5 Mar 17 10 36% Mar 47% Feb 5 Cleveland-Cliffs Mar 17 Jan 23 Milling Machine Co City Investing Co— City Products Corp z : City Stores Co Clark Equipment Co ! CletracCorp ; 63% Mar 17 Cleveland .. 36% 36 24 Va 24% 25 23 24% 25 15% 15% 15% 16 22% 23 23 23% 36,000 43 44% 44% 45% 68,700 43% 9,100 Clevite ! Corporation.: 26 31 Coca-Cola Bottling Co of N Yc.— l 30 y2 Jan 26 24 76 Jun 5 35% Jan 50% Aug 5 77 Jan 3 28V4 Jan 41 % Jan 11 Mar 6 16 , Co 36 36% No par —No par 75% 26% 753% 27% 70xl35% x85Vs 24 *1200 36% *75Va 26% 50% Mar 17 1 Colorado 3 20% Mar 3 3 47 2 Mar & 5Va% Fuel & 46% 47% 46% 34 Feb 24 52 Jan Dec 7 14 35% Jan 18% Jun 21 23% Dec 30 23% Jan 3 14% Jun 17 26% Nov 28 21% Jan 12 Jun 2 71% Nov 28 67 45 % Jun 54% Feb 5 4 . 28 40% Feb 20 24% Feb 27 32% Mar 4% — Columbia 5 73 Feb 10 56 Dec 9 52% Jan 6 58% Feb 3 Columbian 3 53% Oct 24 50% Jan 11 59% Feb 3 Columbus 19% Oct 31 28% Jan 4 23% Jan 13 28% Mar 16 Combustion 55 y4 Jan 27 72% Dec 27 70 3 87% Mar 17 Commercial Credit 13% Mar 4 25% Jun 20 21% Jan 9 26% Feb 56% Mar 8 69 '/a Dec 15 68% Jan 3 75% Mar Jan Aug 19 97% Jan 6 101% Feb 110% Aug 30 108% Jan 4 111% Feb 14% Jan 11 12% Jan 3 101 90% Jan 4 103% Jan 22 Jun 2 30% Sep 1 8% Feb 3 14% Dec 29 11% Dec 1 17% Jan 18 7% Jun 6 12Va Jan 12 23 May 26 40% Dec 2 59 Jan 4 68% Dec 30 96% Jan 13 103% Dec 30 42 % Feb 17 60% Jun 27 13 Jan 12 Jan 3 7% Jan 22 Feb 17% Mar "14% Feb $4.25 28 101 Jan 5 105 Feb Edison 38% Feb 46% Jan 44% Feb 40% Jan 4 29% Jan preferred 53 y2 Jan 7 63y4 Dec 12 88% Jan ' 4 96% Aug 22 61% Jan 92% Jan 87 y4 Jan 4 96% Aug 25 93 Nast 73 *100 109% 18% Feb .1 1 10 Feb 98 Feb 30 90 Mar 9 29% Feb Feb Mar 3 3 94 Oct 7 90% Jan 11 37% Jun 49 Dec 30 44% Jan 6 100y2 Jun 16 107 Jan 3 107 103 4% 31% Dec 2 47% Jan 4 34% Jan 3 40% Jan 75% Jan 4 83 % May 23 77% Jan 0 2 14 y2 Jan 20 7% Jan 3 Dec 6 22 y2 Jan 27 19 Vs Feb 17 59% Dec 21 54% Jan 4 62% Feb 29 11% Jan 6 7% Jan 3 10% Mar 6 57 y2 Dec 22 53% Jan 6 59 Va Feb 9 40 y2 Mar 16 35% Jan 3 49% Mar 9 For footnotes, see page 28. Industries 10% Mar 13 7% Dec 20% Mar 17 21 / 3,300 13% 14% 13% 14 5,900 38% 39 38% 39 % 12,500 23 % 29,800 58 71% 60 72% 70 136 *1210 35% 76 26% — 18% 22% 49 51 58% 58% 58% 16,700 98% 98% 98% 550 59% 36 61% 71% 136 60 •' *34% 62% 69% 136. ' . 60 36 63% 71 % 136 84% 86% 83 % 84% 23% 24% 24% 24%>: *1350 , 8,300 60 530 16,200 3,600 60 27,900 5,900. *1350 36% , 45% 18% 35% 35% 76V4 26% 75% 75% 26% 27 26% 27 46 49 Va 48% 50% 78,300 19% 22,700 46% 19% 46 *45% 47 - 59% 59% 23 VB 48% 47 *135% 138 85 86'/s 23%, 24>/4 47% 37% 76 27 22% ■ 4,100 18% 19 Va •45% 47 *53 53% 35 *75% 19% 35% 76% 36,100 130 2,900 46 % 100 53 53 240 *45 : ,54 39% 24% 31% 72% 55% 55% 44% 53 37% 24 30% 71% 53% 38% 24% 37% 38 38% 32,100 24 % 24 Va 24% 37,100 30% 72 55% 38 % 24 31% 31% 30% 31% 36,500 72 Va 72% 73 54% 55% 55% 56% 56 -56% 56% 57 57% 57% 27 V 27% 84% 27% 28% 27 28 84 86% 86 Va 87% 7,2C0 26 26% 34,700 75 11,000 ' 54% 83% *71 24% 25% 73% 73% 101% 101% 110 110 19%- 20% 16%, JR% 13% 13% , 26 Va 74% 101 Va 101 Va xlOO 100% 110 xllO X74 % 2,900 25,200 600 110 360 19% 20% 18% 20 30,700 16 Vb 17 Va 16% 17'% 30,100 13,200 *109 13% 13% 14% 10 10 10% 50 Va 50% 50 Vs 50 Va 15,100 73% 75 75 Va 75 Va 25,100 104 % 105 104% 13% 1UV8 50% 9 78 49% 73% 104 25% 73% 320 5,500 9% 73% 104 42% 43 41 VB 42% 105 7,000 2,200 41% 42% 12,800 40 Va 41% 9,900 41% 40 40% 40 40% 40% 40 Va *23 23% 23 23% 22% 23 Va *23 23% 56 55% 55% 55 56 % 56 56% 9,300 35% 34% 35% 35% 35% 34% 35% 14,900 64% 65 64% 65 Va 9,300 95 V4 95% 660 56 55% 35 Va 36% 34% 65 65 Va 95% 96 65 64% 95 96 *95 Va 96% 96% 96% 90 *89 96 96% •*95 No par No par *89 90 *89 Vb 90 " 95 *95% *89 65 % 95 97 90 64% 95 *95% 97 *89 2,200 10 90 Co common 5 27% 28% 27% 27% 27% 27% 100 :i preferred Continental Copper 44% May 11 43% 55% 1 *92% 94% *92 Va 94% *92% 94% 93 93 5 56% 57% 57% 56 Va 57% 56% 57 106% 106% *106 Va 106 Va 106% No par common 10 106 37 Va 82 57 38 Va .No par 82 . Continental Can Inc $3.75 preferred— 23 54 23% *22 .No par $5.50 preferred 82% Mar 10 24 % *59 *34% 58% 72 > 135% 86% 24Va — 18,100 53% of America— Continental Baking Mar 14 1 1 — Common 9 58 23% Jan 14 28 Corp 13% 39Va 26% 26% 83% 84 24% 25 72% 73% 101 Va 101 Va 109% 110 18% 20% 15% 16% 13% 14 9% 10% 49% 50% 73% 73% 104% 104% 10 Gas $4.50 preferred— 28 95 5 Jan Laundries Corp..—5 $4.52 preferred $4.16 preferred . 45% 40% 1.33% Corp.. 38% 24 30% 25% 44 5 Commercial Solvents 7 167 1 Industries Consolidation Coal Co 24 13 No par Consolidated Natural 17 97 Jan 85% Jan 5 Consolidated 1 18% 101% 109% 19 15% 16% 13% 14 10% 10% 49% 50% 73% 73% 104% 104% 100 J Publishing Co Consolidated Foods 28 27 Container 72% Corp Consol Electronics 36% Mar 13 1 25 com Cone Mills Corp... 9 5 20 Co preferred Conde 21 24% Mar Sep 26% 84% 1 10,. Consol Edison of N Y com—No par $5 preferred No par 58% Feb Jun 25% 83% 24% Inc. Co 75% Mar 17 39% Jan 40 55% 6 50% Jan 31 *71 54% 66% Jan 20% Jan 7% Dec 54% 55% Consolidated Cigar Corp 6 19 71 % 55 % 1 Ohio Congoleum-Nairn Inc 2 Aug 22 *70% 53% Elec—5 Co Engineering 4.64% 9 22 29 Va Jan 31 50% Mar 17 51% Dec 19 30% 10% MarlO 23 % Jan 83 5 3 42% Dec 20 % Sep *53% 100 3 2 Apr 54 39 24 pfd Jan 37 May 17 88 54 37% 23% No par 1st Southern Comptometer 3 May 6 Carbon & 5;25% 8 9 42% May 18 8iy2 Jan *45 % Commercial1 Solvents. 24 26 Oct 19% 46 preferred—J Commonwealth 2 20 27 18% 46 50 Broadcasting System_2.50 Gas System Inc —10 39% Feb — 16,700 Ry— Columbia Pictures common 43% July 27 60 *1200 1 . 100 noncumulative % Columbia 6 24 24 common___5 series B Colorado & Southern 57 85% No par Iron preferred 69 137 !83Vb No par common : Aikman Corp Collins Radio Co Jan 43 68% 137 —No par —... Colgate-Palmolive $3.50 preferred Collins 27 14% Jan 4 30 Jan 23 20 13% Dec 37% Mar 14 74 6 42% Dec 18 58% 4 41% Oct Jan 57% Cluett Peabody & Co com—No par 7% preferred l —.100 Coca-Cola Internat'l Corp 50 1 75% 52% *34% : 75% 6,200 53%. 36 36 70 46% "-47% 23% 35%. 58% 34% 520 46% 24 35% 57% *59 50 101 53% *97% stock , 52% 98 Va 60 — gtd—50 4% 86 Va - 50% 97% 97% 39'/a 23 86 53 Va 46% 58. * '.13 \42 *100 23% 23% 21% Jan 30 Va Jan 690 1.4C0 53 Vs 22% 26% Aug 24 5 14,400 23% 50%; 50% 13% 13% 38Va 39V4 53 23% 50V4 46% 57% Co 21% Oct 41,200 75% 46% Coca-Cola ' 75 58V4 98% 59Va 1 7 ; * V 23% 17 6 45 46 Feb July ,»■ 101 57% 97% 59Va Feb 78 86% 86 *100 47 74 Jan 52% 23% 50 77 42% 41% 86% 101 44 43% 75 52% 23% 77% 52% 42 86 *100 58% 98 Va 60 95% Feb 16 41% - 51% ...No par 7% RR 42% 76% 42 23% 138 41 y4 Jan Va, 58 6 1 ... 46 4 5 % v.. 23 4 71%. Jan : i5%. —1 77% Jan 26% Nov ■m* 16,100 24 4—1 135% Jan Jan 15,800 21 .—15 com 7 61 17 Va 24 Va. 39 28 14 900 16% 30 % —.10 Nov 64% Dec 30,500 21% 23% 85% 101 44% 23% 50Va 12% 5 -80% Dec 137 2,700 15% 58 Va 32% 23% 51 13% 39% j. ; Pitts & '101 , 44% 77% 76% —5 Co.. guaranteed ' 41% 85% 101 44% 10 No par Ilium preferred Special 2 Iron Electric 41% 86 Va 40% 85% *100% C I T Financial Corp No par Cities Service Co————^ .10 3 Feb . —8.50 —.100 — preferred—100 Cincinnati 24% Mar 17 54 ; 4%- preferred 17 37 Va Jan 3 .'•• 28 21 24 Corp Corp Common 87% Mar 10 102% Feb , O'Nuts Full 36% 28 Va . Cincinnati Gas & Electric— 39% Dec ■26% July 25 ,49% 3 7 10 Cotton Oil.— 566 3,300 15% % 18%"% 35% 36 % 800 . *58% 15% " 43% Chicago 59 *35% 17 58% . 23 98% Feb 7% 17 23% 15 82 y2 Jan 109 17% Milw 11,800 12,100 24 20 37% Jan 9% 36% 63% 23% 16% 28,400 32,300 36% *16% 28 July 19 13,500 ' ) 62% :—40 — Western 8 41% Aug 24 87% Sep 6 39% 37 V* 109 8 38%. Ry com——10 A 5 101 170 63% i *97 p 4 .. 29,900 28 38% ' 32 4 32% 40% 29% J an 8 1,800 44% .1 29% Jan 2 57 —1.25 Corp— Corp.— 30 ; 57 27 Va 45% 27 Vb 27%; 4% 56% , 91% 91 Va, 45 Vb 4% ; 56 91 VB . V 4% 56 32 VB 92 46%. ■ 4% 55 12 78% Jan 4,500 '41% , 20 94% Feb 42% , 14% . Oct 30%: Feb 600 61% 60 % •:■"■*,; 1,400 3,800 42%, Dec Nov 600 ' 96%. Sep 38 8,700 18% 24 ; 10% Oct • 28% 18% 24 ■ 17% Nov 4,800 97 % Pac-——No par 14 28% 20 / ■80% 61 15 36%'tilar 80 123,500 23% 42 .- 20 Jan / 80% 200 33% 122 43 22 .i 93 32% *121% *23% 5f«, series A non-cum pfd.—100 Chic & North Western com__No par !> 5% preferred series A .—100 27 *91% 32% 30% Products 41% 23% 12,200 87,400 94 18%, 24 42 . 4% 363/8 No par .——No par -—- Great Chic 28 38 Feb 42% Light, com—No par preferred..— Chain Belt Co 5% 27 Feb 4 40 100 Hudson Gas & Elec—No par preferred series. B • 18% 1,180 '4% 27% 23% Class 27 52 36 y2 Jan 23% Certain-teed Chic 37% Feb 24 £ 13% Jan •23% Jan 24 40 Chesapeake Corp of Virginia —_—5 Chesapeake & Ohio Ry common—25 ,, 3 % % convertible preferred—100 Chicago & East 111 RR com—No par 3 14 Dec 17 23 % 40 Chemway Corp • 16% Dec •V 23 24% 39% Checker 28 28%, 24 Chemetron 24 97. , 28 18% 79% 68,200 35% 80 *23 Va "■ 10 % Feb 37%.Feb 24 94 23 Mar 17 *93 80% 18% $4.50 preferred No par Champion Spark , Plug Co —1% Champlin Oil & Refining Co —1 Chance Vought Corp.—I.. 1 . Mar 17 67% Jan 3 26 30% 28 92% Feb V. 3 Dec 54% Oct '•* V 9 Jan 21% Jan 14 y4 Mar 24 30 4 Jan , 29% 78 Va 18,000 4% 31% 79% 320 700 ■' • • 13 121%. 121% 24 Champion Paper & Fibre Co— Common.'————^—:——No pap 27% Mar 17 24 14 26% Jan 6„ 80 • 31% 122 28% Chadbourn Gotham * 79% 59% 12% - 78% 35% 4 94 *121 57% 15,100 * 45 28% 35% 4%; *23% Cessna Aircraft 10 8 17% Oct c, k Mar 17 57 4 34% Mar • ,? 36%, Feb r 2 ., 93 "30% 32% 122 42% 44% " 13 77% *18% Cerro Corp 1 80 % ' 3,900 3,700 !' 4% 35% -I, 18% & 3 79% 94 31% 122 78 % 35% 23% 39% Feb Jan *93 31% 123% ■* 4 % - 29% , Century Industries Co 27 93 30% 4% 35% 29% 19% Mar 17 - 93 *122 *77% 78'% 4% 34% 23% 33% Mar 17 77% : 4% 34% *18% 9 Jan 4% 120 52 49% 27% * ' 1 4 . 78% 78% 33% „ 12%; 20 Central 97 y4 Mar 17% May 13 > 12% Central Soya Co Feb Jan 12 16 43 50: 12% 28 24 Jan •, 12% 7 97% 42 % 58% RR Co of N'J. Jan >,31% Mar '3% 57% Co ———5 Central Illinois '6 ,'v 20% 58 Central Feb 31 57% Illinois 25 6 24 58% Aquirre Sugar Central * 27 57% 4 % % 26 9% Jan 59% Central 10 14 58 9 38 15 July 18 9 1 Central Foundry Co.... 1 Central of Georgia Ry com__No par Mar 13 43 3 18 20% Jan • Inc.— ' , 27% —100 8,900 20,300 51% 44% 27% 12% 10,600 15% 49% 42% 44% 28 Corp common— preferred— 5% 42'/a 44% 28 12 11,500 ; " 44% ;,64% Mar 17 92% Jan 57% Jan ... 28% May 23 42 y2 Jun 15 v Mar 38% Jan > 3 42% Aug 25 59 - 49% 28 preferred ———100 conv preferred series A.100 Central 49 42% 45 12.50 Shares • .34% *96%' 51% 49% 41% *27% Celotex 15 19 51% 49% *44% Co common. 8% 58 Va " 96% 28 2nd 4%% 96 % 51%' 45% preferred 2nd preferred— 7% 14% 28 Caterpillar Tractor common_No par 4.20% preferred.:.— 100 Celanese Corp of Amer com__No par 1 14% 44% 6%% 1 - 34 _—1 General & ''I 34% 58 „ " Corp preferred (J I) 23 18% Mar 97 % 42% .. "* 33% -13% 50 % 83% Feb 3 13% 10 8 l'i*f 13% 34% _5- 35% Jan 30 *96% I 33 % .13% 51% 25% Jan 22 Ohio Ry_100 & Light 8 57% the Week < Mar. 17 55% ' *96% 29 Jan 35% 12% 51 % 12 17 34% 12% 96 % 17,,..' Jun 46% Dec 36 12% , Friday 16 . 7%, 55% ' 51% 21 Oct 34% Mar, 55 96% Case 10 Mar 15 94 —10 No par Sales for Thursday- 7% „ 51% Carter Products 33% Mar 17 126% Mar 7% 7% 55%f 97 4 % % 4% Mar 17 38% Mar 7% 55 51% Carriers Mar 16 80 7% 55 Carpenter Steel Co.. 59% Mar 13 3 '72% 7% No par & PRICES Mar. 15 Carrier Corp common. 13 4 94 y2 Sep 30 Clinchfield Power Jan 31% Jan 121 y4 8% Jan Carolina SALE Wednesday Mar. 14 54 ... Carolina Mar 14 28 y4 Jan 1 Mfg Co.— 3 HIGH Tuesday Mar. 13 —5 24 45% Mar 13 3 5 19 30 3 y2 Nov 24 22 Va Jan 114% Jan 19 71V2 Dec 27 '46% Feb 4 Inc. Corp AND Monday Par Co (Philip) Carlisle 43% Mar 13 Aug 18 40% Sep 1 Capital Airlines Mar 13 44% Sep 58% Jan 35 LOW STOCKS YORK EXCHANGE 44y4 Jan i NEW r Highest > 106 107 107 27 28% 28 *93 56% 28% 22,000 94% 30 57 Va 14,000 107 130 53,800 36% ' 37% 36% 37% 36% 37 y* 36% 37% 81% 81% 81% 82 % 81% 81% 81% 81% 190 9% 9% 17,700 & Steel 9V8 2 common $5 convertible preferred Continental Insurance Continental Motors.. 25 jr, Continental Oil of Delaware^ Continental Steel Corp '' 10% 97/8 '* *19% 10 9% 9% 10 300 20%' 20%' 20% 20% 56 56% 56 57% 58 % 59% 62,800 10% 10 10 Vb 10 10% 22,000 20 56 57 56 Va 57 1 10 Vs 10% 10 10Vs 9% 20% 10 '*20.' 20 5 *20 % 5_ 56 Va 57 V* 57 57% 57% 58 57% 58 % 58 58% 19,100 7 48 48 47% 47% 47% 47% 48 48 48 48% 1,800 20 <1240) The Commercial and Financial Chronicle \ . Monday, March 20, 1961 . . NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year I960 Lowest , 20 % Sep 19 25 Vz Sep 6 Dec 42'A Feb 1 Oct , 25 16 v ~ NEW Highest YORK .¥:.;%¥,■• 2 24% Jan 34% Mar 30% Jan 37'/4 Mar 17 9 v.-V STOCK * Par ; Controls 311/4 Jan 41 Mar 10 74 94 Mar Corn 10% Jan 7% Jan 16 , 12% Dec 241/4 Jan 5 27 Ve Dec 6 46% Apr 4 124 Feb 19 18% Oct 5 10 y4 July 1 3 V ,< • 31 Va Mar Aug 17 83% Jan 86 Mar 88 91 • 4 13% Jan 27 13 3% Jan 64% Jan 4 17 281/4 Feb 1 341/4 Oct 5 Jan 39V2 Jan 35% Jan Dec 4% Jan 13 58% Mar 17 76 *19% Jan 25 14 Feb . 37% Jan ;42% Jan 23 39% Jan 42 52% Jan 57% Mar 15 20 89% Jan Dec 5 29% Jan 28 1091/2 Jan 131/2 Sep 22 18 8 Ve Oct 24 681/4 Mar 13 93 4 17 Vb Jan 5 90 % Jan 11 Jan 17 y8 Jan 23 14% Jan 4 9% Jan 3 691/2 Mar 23 64% Jan 5 10% Aug 3 13 Jan 18 11% Jan 28 37 Jan 14 32 7 '/a Dec 20 12% Jan 501/4 Dec 22 60 % Jan 29 25 Feb 19 14% Dec 7 311/s Jan 4 29 371/4 Jan 27 96 31 % Jun 22 Crucible 3 1 Cudahy Packing 12% Mar 4%% 21 69% Feb 14% Feb 13 Curtis 10% Jan 54% Jan 30 $4 191/4 Jan 20 $1.60 22 30% Jan 3 62% Feb 10 18 74 Jan 7 Class 2 39 < *85 " : ', v 3% 42 4% : •',. - — 7. ;-v x43 .43 -.43 26% 50%" 49% " 49% ' 56% 91% - 57% 92 *99 • 7 ' *68% 13 common—„„„1 - 13 33% 56% 91% - 91%' 92 92 934 | 9% , 9% 19% 20 33% 33% 68% _io 19% 69% - *17% <17% 33 1 *50 51 % '66 7. 19,100 ' :.;*91% - - ' " 56% 55% 200 :•„■ 24,900 92 290 .' ' 21% 22% 102 %, 17% 17% 17% 17% 1,500 11% 12 11% 11% 15,500 69% 69 69 69 69 13% 13 13% 12 7« 13% 1,800 33 32% 32% 32% 33% 1,000 9% 9% 10% 10% 10% 26,400 50 VB 51 .. .. ■ 9% *50 51 *17% 17% '*17% 197/« 21% 21% 33% 33 34 % 67% 69 67 67% 37% 37% 7- 26,900 *101'% 100 33 17% *2,200 12 % *68% 50 . " 13,000 B 748% .17% *13 -33 ; 22%' 11% . 18% * :7 99% 17% 17% 1 21% . -J'-. - 41% 741% 7 ' 2,700 ' V- 21% *267 64% 41-). .. 2,200 fy >■ 7,200 ..,.4478. 47a4 65% ' .- 1,600 « ' 58 % 26% 30 7;' 18,600 '76% 20% : i 48% 65% 50 No par : 26%. 55 % 18. 33 93/3 —No par - .47% 41 12 13 33% 44 ' 21% 41 Va• *41- 133/3 69% *67% 7 657""; 65%,.-7 ' 69 11% ' r' v 55% JJ*75 '• 44-% 57% 22, *17% _5 - , 99% 18% —100 . 26 % 56% *97% 12% Inc__2.50 ' ,49 43%' 20%' 7 26% 47% 66 x21% 11% Inc . 21% "'.•V •:"{■■■■ .7-24%- '24a4 : ." : 57% 22'% xl7% — .44 ; 21 5,200 ;77l7'\20 ' - 54 77 5,600 182 85 8,400 23,700 "• • >95 ,- v "•^7 14 % "14% ■■7" '3% 7' 4 3% r : 88% 85 14% 53% " 39%r 36% ,7'.'*90 i 24% *75 ' 16 % 179 95- Sf:-'*; 26,600 15% '7 8,800 12,600 ' 87 92% 5 — Stores , .26% "41% 56% 100% • > .7." 50 *92 22% ; . 26Va • 87 >3%'- •- 7- 7,: 76 43% 20% " 20% 26% :_/_10 common 3% .53%, , 7 20% 257/8 65 Sugar— ' 53% *75 8,000 ''•v7 36% , 181- 24% . ; 39% 87% *13% - Shares 34 -39% ■ ■ *90 • 33% i6%.. 39% 85 %; *85 - . "25 37- 179 ... v7 : "14 3% ■ 54 -'77 53% • , - the Week Mar. 17-' -33'.%,. 15% •> , • . Friday -' .s ;'36%- '/7;< 36%.-: 37%' ' 9 • ■ '7"7'- ,.9A7y 9% 35% ; . Jr.- 95 :i7 24% 32%" -35% • ' -87 *90 14 -7.' - - 180 Mar. 16 8% ,'86%■'-it ../ 85% .7.; ,v-. vA/A 35 Vb .'35% 15% .-M5% Sales for Thursday 7"- 8'!'a 179, 25% *41 A Dana 7" *75 . 68'A common Cutler-Hammer 4 41% preferred. 24 • •» <V .14 65 prior preferred- prior v -•• . PRICES / , 36 -8% VH-. 7 •' 90 14 54r. 78% 20 America—12.50 preferred—-100 Co Drug Curtiss-Wright Mar 16 34"% Mar of Publishing 33%7>v 'v.-7.33. •4:, 35% • ^-87 ' 90 25 *41 preferred—— Cunningham 179 *85 No par Cuneo Press Inc. 1 34% Jan 86% - A 178 . ?/ 39% 7-7.38 % 85 common—_2.50 convertible 24 18% Feb 5 4 Co './ 25%''%. 7/14 ' 53% _i _ Cuban-American 3 Feb Seal Steel 5%% 27 , 8% > 39 , ..t. i -87v".V>'«>' «>•' *75 Zellerbach 15% Jan 8 Jan Feb 8% .91 : 3% 1 —25 ;,_4—100 Publishing-. & 8S 179% 14 Corp common—_5 $4.20 preferred————No par 27 Jan Cork 39% -t40% >. 3g i 35 t 36% /¥ / 15% ..16% 16% 16 32% 353/4 24% Wheat Corp_—__—„_2 preferred 24 50 7 671/4 Sep $2 Crown 17% Mar 13 7 29% Nov Crown • 6 20 8% Jan 8 171/2 Dec Jan Feb 24 Yb Mar 103 631/4 July 26 30% Sep Corp commpn ,-, Crowell-Collier 8%. A/36% 36 91 preferred———.^25 50% Mar 10 32% r V- :7 Mar. 15 • ' preferred---,,... of 8% *85 —1■ Cream 29 Sep ' l — 33% SALE Wednesday Mar. 14 * V 35% 35 179 Crescent Petroleum Corp com-;——1 5% conv 6 30 Jan 21 Dec Co 3%% .. Corp 44% Mar 1727 541/2 Dec 45 Petroleum 32% 86% 100 22% Jan Jan 95 4 Crane 21 401/4 Feb ; 88'A Nov 16 Coty Inc Coty International 72% Jan 5 15 Jan 42 ■ 39 3a July 25 86 Cosden 3 V 5 common-, preferred series of 1947 3 46 % Jan v Works preferred-——_——__l_100 3%% ■; (Del).:——„i 15% Jan 5 July 18 Glass 3% % 6 Co 25% Feb 9 26 17 16 7/8 Feb .18% Jan .24% Jan 27 15% Sep Jan Products Corning Mar 13 11 22% July 21 4 171/s Mar 27 Apr 76 12 23"/2 Feb 3 184% Jan 41/2 Sep . July 27 72>/4 Jan Feb 28 90 July 27 40 167 9 17'/4 Feb Jan 8 87 8 851/2 Jan Jun 37'/4 Mar 13% Jan . 4 21 55 186 16 83 Vb Apr 7 Jan 85% Dec , . 27*A Jan 17 Tuesday Mar. 13 , Co of America———5 Cooper-Bessemer Corp—5 " ." " Cooper Tire & Rubber Co^-v-1 ' ' ' Copeland Refrigeration Corp—_1 ' VA/Y Copper Range Co__——__— 5 " " Copperweld Steel Co—————— 5 ' July 11 33% Jun LOW AND HIGH *. Monday EXCHANGE 29 42i/4 Mar 15 21 Range Since Jan. 1 Lowest Highest . 22 % «-22% .'■102% 102 % ;v;. . 18,400 300 400 51 * 17% *17% 17% 100 22 19% 21% 138,900 34 V7 34% 34 34% 2,300 66 % 67 % 66% 67% 8,100 51 300 D 32 43% Jan 4 Jan 9 39% Feb 27 Jan 4 87 Vz Aug 23 86% Feb 1 87 Feb 20 12 % Dec 27 15% Jan 6 12% Jan 3 15 y4 Feb 21 83 Dec 5 27 Va Oct 12 31 33% Jan 13 Vb Jan 5 49% May 31 29 55 45% Mar 9 58 Aug 30 72 % Jan 4 80 Va Aug 23 74 % Feb 3 75 Va Jan 6 Jan 3 76% Jan 16 20 Mar 34% Jan 68 Feb 79% Mar Dan 7 ,_1 River Mills series Inc_ 37 38% 87 87 *87 88 _5 14% 14% xl4% 14% 14% 14% 14 :_50c A_; - 17% 18 17% 17% 16% 17% 30 VB 30% 30% 30% 67' 67% 66% — Dayco Corp 23 —100 common- preferred ^ Daystrom Inc_ 6 Dayton 9 10 37 Vz 88 31 Vb 29 29% 30 % 18,800 66 % 66 Vz 66 % 66 66 66% A —100 3,500 *78% 80 *78% 80 78% 79% *78% 79% 78% 78 % 80 Light common—7 series B—7—100 *77% 79 *77% 79% *77% 79 Vz *77:% 78% 78 V\ 78% series C *81 83 % *81% 82% *81% 82 % *81 Vz 82% *81% 82% .35% 36% 36% 357/b 36 Vz 34% 35% 34 % 35% Va 56% Jan 3 59% Feb 28 21 28 % Jan 8 39 Decca Records Inc 7 Deere & Co ,—100 50c % (Delaware) 18 Vz Jan 4 20% Jan 19 Delaware & 47% Aug 11 41% Jan 11 46 Yb Feb 3 Delaware Power Apr 20 31 % Aug 24 27 Yt Jan 3 39 Yb Mar 16 Delta Air Lines Inc 20 % Jun 21 26% Aug 24% Jan 5 32 Dentists' 20% Feb _1 — Hudson—l 53 % —No par 36 54% 18 Vs 54% 44% . 54% ' 18% 18% 18% ,. 45 , 18% 44% 45% 45% 37% 37%. 30% 29" 55% 15 18% Nov' 4 Mar 9 16ys Jan 3 Jan 20 7% Jan 3 14% Mar 17 49 % Dec 14 48% Jan 4 53% Mar 17 10 26 Va Jan' 17 4 14% Jan 3 18% Mar 24% Mar 8 33% July 29 29% Jan 0 37 Va Feb 2 66% Aug 29 58% Jan 3 70 17 29 VB Mar 8 35% Jan 3 28 Jan 11 9 31 S Steel 17% Vilbiss Diamond Diamond National Corp—— DiGiorgio 4 19 Vb Feb 28 29 Va Jan Diners' 26% Jan 5 43 Disney (Walt) 31% Jan 3 38 Va Mar 3 Jan 3 19% Feb 2 10 173/b Mar 8 Divco-Wayne -Corp_— Dr Pepper Co— 1—1— 24 49 % Jan 24 33 Va Dec 15% Oct 7 28 Va Feb 15 17 10% Dec 13 15 Dec 30 28 % Oct 20 20 19% Jan 4 42% Feb 10 14 Vb Dec 6 24% Jan 5 70 Vb Oct 25 99% Jan 19y4 Jun Mar 18% Jan 28 8 17 31% Feb 17% Mar $1.50 preferred 7 9 12 Mar 17 Dome 7 39' 17 24 19 Va Aug 18 17% Jan 4 21 Yb Feb 20 DuBois 13% Jan 4 9% Jan 5 12Yb Mar 10 Dunhill 7% Sep 27 14% Jan 22 31 266% Jan 5 8 Jan 19 185% Jan 3 Mar 9% Jan 2 25 Dow 96% Jan 5 74% Jan 8 21% Mar 8 104 100% Jan 31 83 Aug 16 77% Jan 20 82 % Jan 3 29 Vb Feb 28 13 20 Vb 20% 16,000 42% 42% 43 14,900 37% 37:% 37%; 17% .17% 17% 18 16% 16% <16% 167it 16% 16% 16% 21 21%- 21% 22 V\ 21% 22% 21% 22 %; 21 21V4 10,100 36 3b 37 84,800 < 38 •> 18% 20% 20% 20% 20% 20% 32 34 ' 34 Vb 35 34 % 36 16% 16% 16 Vb 16% 16%. ; 20% 37% •;/, '!• 16%. 35% 35% 35 Vb 35% 35% 19J/» 18% 18% 18% 11% 11% 11% 12 Preferred $3.50 40% Mar 3 7 $4.15 1 4% 48 Feb 20 19 Jan 19 21% Feb 20 DWG 38,200 35 '4 ' 35% 35% 3,100 19 19 V4 17,200 12 Vb • 12 Vb 3,000 102 Va *80 Va 80 Yb 80% 80 YB 80 YB 80% 80% 80% 80% 80% 1,500 27Yb 27% 27% 27% 27 Vb 27% 21 Vz 27 Yb 27% 277/B 14,000 40 40 *40 50 4.10% 38,800 25% 102 Va ——50 $2.10 75% 25% 209 : preferred 28 5,800 74% 25% 8 Vb preferred 4.20% preferred—; 24 16% 75% . 208 % common $3.75 preferred Mar Feb 45 % Feb 11,100 _5 series Duquesne Light Co 45% Jan 8,000 2,600 . No par No par series 4 16%- 8 9% 8% 9y8 208 V 8% 208 YB 207% 208 Yb 102% 102 Y4 103 103 " 8% 8% 9 8% 13,800 & Co— .-. $4.50 4 11,000 18% " —5 (EI) Preferred Jan ; .*.38% 17:% ,_i Pont de Nem Common 42% Jan 12 . 37% 16% 19 Vb 11% 47 5 20% 17% 20% Vb 41% xl8% 44 8,900 11.000 20 12 Vb 44% Aug 24 300 16 20*.h 41% 19% 46 31%. 15% 20% 20% .16% _1 31% ; ' 20% 36% 20% 1,000 40 y4 -16% —1 Duplan Corp_^ 12,700 ' 35% 45 24% Jan 20 19 Inc International 12,600 47% 31% 11% ! ; 67% 46% 20'4 35% Chemicals 5 27 67 y8 16% 18% Drewrys Limited USA Inc_—_,__1 3 17% Oct 15% 17% 25 12 3 15% 17l/4 73% 38% Jan Jan 15% 17% 75 43% Jan 44 16 'A 17% 25 41 15 31% 15% 17% 74% 44% Aug 24 July 11 31% 16% l —-_1 — 17% -36% 31,500 '•*36 y» 47 24% Aug 16 44% Aug 25 46% Feb 46»/4 75% 8 5 46% *31 17% 14,000 ' 24 3 4 11 18 45% 17%j 74 Jan Mar 23 67 173b 24% 38% Jan 42% Jan 3G% 66% 75% 40 40% Jan 31% 36% 66% 24% 13 42 *30% . 36% 66% 23% Jan Jan 46 - 21 37 41 45 • 17% 36% 66%, 74% 4 25% Jan 26% Sep Jan '16 7/«.. 36% 5 4 Aug 16 17% '52%: —_:50c 3 103 • 36% 20% ——_No par Industries— Dresser du 216% Mar 13,700 37% Co 23 78 53%' 16% Chemical 26% Jan ,62% 17% : 37% Feb 52% 37% Corp_ 3 19 52% 16% - Douglas Aircraft Co——— _No par 10 51% 17% Dover Jan 25,200 37% •• No par 10 30% Jan 16,500 18% 14% 38 27 71 32 18% 12% 42 18 y4 Jan 22% Jan 30% 12 Vb 17% , 6,700 18% 20 5u 38% Feb 4 50,200 30 VB x40% Inc—— 39% 11 21 % Dominick Fund 39 Vb 18 % 42% 1 39% 29 41% 3 4 31% '5,100 10% 20% 4 12 •; 4 ; 19 46 - 18% 1 , Jan 33 V* Sep - 33,100 *" 18 >4 44% v 10% Productions— -2.50 Ltd_7_—2 14% Jan 30% Jan 45 a , 38% •29% . 55 19 Vb 18% ' 66 Vb . 55% 45% 16 50c CorpT— __—2.50 Ltd— Mines 20 178% Oct Fruit 7 *30% —25 — Diana Stores Corp Mar 17 28 Vb Jan 21 23 Mar 15 5 67% 45 51% « ,16%' 36% 65 % Distillers Corp-Seagrams 13% Jan 36 —1 (The) Club Inc 4 12 24 8% Dec 1 10 • -- 18% 45 52 % L10 ? 55 18% 60 53,000 10 % 18%/ 18% ■ 10 'O, 15 — 20% Mar 17 Oct 12% Oct 7 ——. Co— 4 14% Oct 25 Corp Co_— Alkali - 29%, :17% De Vr -18% ;v 34% •..V- 51% 13 20 26 51% 9%o 20 — 15% Jan 28% Jun July '.7 Edison^ 12 Vb Jan 3 31 VB Detroit 3- f: 1 34% 30 Detroit 29% Jan 17% July 16 Vb Oct 34% . 18% 6 Apr 20% Feb 30 27 3 23 27 Sep 17 Vb May 16 6.75 1—2.50 Supply Co of N Y 14 14 Va Dec 14 33 Va Jan Co Denv & Rio Grande West RR_No par Chemical Coatings————1 47 Vb Mar 17 38% July Feb Light DeSoto 24 50'A May & 55% 45 Vz ' . % 3.75% 3 6 29% 29% 67% series & 3.90% 27 Dec 16,900 Preferred 52% Jan 13 17Vb 3.75% Power Preferred 13 .;32% jan 6 165b Preferred Feb 16 28 16% 78 % Mar 17 15 Dec 16,200 83 54% Dec 7 10 14% 9 39% Dec 40 Vb Mar 23 5,800 14 VB 4 8 13% Sep 38 VB 88 14% 17% 79% Jan 28 35% May 17 37% 88 % 76 Vz Feb 17% Jan 20 *87 16 Sep 38 Vs Apr 17% Dec 37% *87 82% May 23 80 •- 3 Mar 16 Corp 3% % 43 m *46 50 1 *40 41 *40 47 Va *46% 47% *46 y4 47% *47 42% 43 VB 42 Va 43 Va 43 46 Va 47% 50 *44 Va 45 *45 45 3A Cigar Corp__ 103 43% 50 preferred preferred 103 / 213 41 *46% —50 * 207 20 % 46% 46 41 46 - 44 44% *43% 45 3A *45 45% 20% 20% 20 25% 25% 5 20 V* 5 24% 25% ,_1 26% 27Va 26Va 27Vb 35 35% 34% 35% ■ *45% 44% *45 43% *45 212 47% 43% ' • 214 102% . 103 *39 Va 29,800 900 40% *47 10 47% 43% 44 47 *45% 47 50 43% *43% 44 40 45% *45 45 Y4 1,080 20 19% 19 YB 19% 20 25Ya 25% 25% 25 YB 25Yb 25Yb 26 y4 26% 26 Vb 26% 26% 27% 1 25,200 34 % 35 Ya 35% 35 3A 35 Va 35% 20,700 1,300 E 20% July 28 39 Jan 5 22% Jan 8 27 Feb 6 22 34 Jan 8 Eagle-Picher Co 23 Vb Jan 3 30% Feb 8 Eastern Air 30% Aug 30 29% Jan 3 36 Va Feb 24 Eastern Gas 82 81 y4 Jan 3 87 Yb Feb 23 4Vz % Oct 25 24% Mar 75 8 Mar 3 Nov 21 Nov 1 25% Jan 4 I6y4 Jan 3 21 Vz Mar 3 Feb Eastern 1 136% Jun 9 104 y4 Feb 13 119% Mar 6 92 Mar Eastman 3 28% Sep 48% Feb 79 29 1 Mar 21 32% Nov 1 Jan 15 87 17% Oct 25 44% Apr 29 5% Dec 1 43% Oct 24 96 303/b Jan 3 65 Vz 59% Jan 10 88 May 23 Aug 5 83 Jan Feb 11 99 Jan 36% Mar 83 Vz Feb 6 2 24 1 88 Mar 37% Feb 9 41 Jan 11 93 Feb 2 93 Feb 4 20 Va Jan 12 26 54% Feb 25 44Yb Jan 4 8% Feb 26 5% Jan 3 94 4 July 29 26% Jan 73 Jun 7 50 Jan 7% Feb 24 Kodak Steel Co 4% Vo Ekco Elastic Stop Nut Auto-Lite Electric & Storage Mus Jan 3 61 Yb Mar 17 Electric 11% Jan 3 14% Feb 8 Elgin 6 30Ya Jan 19 50 3 81% Mar 9 Emerson Electric 15% Mar 8 Emerson Radio 6 Mar 9 13 78 22 Vb Jun 21 llYa Jan 3 34% Aug 22 32 Yb Jan 10 38 Vz Jan 4 18% Jan 4 32% Feb 22% Jan 20 24 1 373/b Jan 26 40% Feb 7 20 6% Oct 25 Nov 30 54% Jan 52% Dec 5 11 Sep 28 Apr 8 20 28% Oct 6 58 7 Feb 11 20% Jan 5 26 Vi Jun 40 24 Jan 7 & Mfg 5 26 Jan 3 Mar 15 54% Jan 9 6Y8 Jan 20 32% Jan 19 59 23 Jan Co Johnson Corp 71 *69 *84% 88Vz *84 3/B 39% 39Va 39% *93 88Vz 40 96 *93 96 7,500 38,600 *97 98 35% A *97 98 35% 36% *70 72 72 73 88% *84% 88% 88 88 39.3.4 40 Yb 40% 40% 39 Yb 393/b *93 96 35% 98 36 YB 71 36% 210 21 Vb 118% *93 96 preferred Englehara Industries Equitable Gas Co__^ ; Erie-Lackawanna RR Co com 5% Erie *93 40 , 9,900 500 10 7,700 96 22% Jan 3 39 Mar 9 Eversharp Inc 35 4 39% Mar 6 Ex-Cell-0 Evans Products Corp 25 25 25 25 VB 25VB 25 Va 25 y8 50% 51 % 51 52% 51 Va 52 Vz 52 6% 6% Va 63A 59 Yb 60 Yb 59 60 6% 59 Vz 6% 59 % 6 25% 25% 52% 52% 54 Va 7,300 6% 6% 6% 6% 59,500 60 Yb 613A 800 61% 61% 16,800 12% 13% 13Vb 13% 12 3A 13 VB 12Y8 13 % 13% 14 3/B 28,500 27% 28 Vb 27% 28 27Ya 27 Yb 27 Yb 28 Yb 2734 28 83,300 71 72 72 74% 2 x70 73% 71 74 74% 42,800 14% 13% 14% 13 3A 14% 14 14Yb 14% 14% 25,500 39'A 39 39% 39 Vb 39 Va 39% 39% 39 Yb 39% 26% 25 100 78% 14% 39 5 26 Va 26% 26% 26 % 26% 2 4 Vz 26'A 25 26 79% 79% 79% 79 79 *79 79 Va *79 79% *79' 1 preferred series A Pittsburgh RR Co__— 15 Va Mar 10 24% Co— 19V4 19% 19% 19 % 19 V* 19% 19 % 20 19 3 .—8.50 & 3 1 10 common 4% 11% Jan Jan 36 71 85% 20 116 5 Phonograph Endicott 10 19 7 35% 85 Va 20 Va 116 Vz 3 79 3A Mar 16 Jan Sep 41% Sep 97 35% 85% 19 Ya 114% 20 114% *97 98 85% 85'A 19Yb 71 *85 % 10 Co Gas 35 Yb Jan Aug 30 23 16 Battery Watch Natural 24 Vz Mar 16 84 8 Dec National Paso 76 20 97 85% 1UY4 71 shares. Empire District Electric Co Jun 86 20% 115 5 Amer 39 Vz Mar 10 16% Dec 5 El of Amer Co Ind 27% Feb 10% Dec 19% 35% —_100 Corp Electric 27 23 25 *85% 114 5,000 ' 23 23% Dec *97 —50 100 19% Jun Jan 115Va common.—__2.50 28% Nov 8 20Vb 114% Co 25 53 Vz Dec 86% 19% 10 preferred 31 29 *85% Corp—_2.50 common preferred Products 4VzVo 10% Oct Jan 10 com preferred——100 Stainless 24% Oct 33 Assn $3.60 preferred—-— 9 54 Vb Mar 17 Inc Fuel Eaton Manufacturing Co__ .'__1 Edison Bros Stores Inc common 1 2 45 Vb Jan & prior 15 94 96% July 22 46% Jan 6 Lines 38% 39% 39% 40%< 39 Vz 39 3A 39 % 40 39 Va No par 5% 100 28'A 50 *56 Vb .—5 14% 6 29% 58 15% 5% 27 5% 28% *56 Vb 14'A 58 5Yb 5 Yb 26 27'A *561/8i1 , 14% 14 -i-i< 58 5% 57/8 2 6 Va 27% *56 Vb 14% 14% 58 14% 2,600 13,000 120 20 5,800 39% 5,200 534 5% 13,800 26 Yb 27% 8 *56 Vb 14% , 1,360 58 14% 7,100 1 35 Va 36'A 35'A 35% 34 3A 36% 35% 38 Yb 37% 38% 3 „— 37% 38'A 23,500 37% 38% 38 Vb 38'/a 38 Yb 393A 38% 39 Yb 12,700 30 30 30% 32 32% 33% 10% 10 10% 9% 10 Vb 24% 24% 25% 24% 24% F 20 !A Dec 6 35% Dec 27 5% Oct 24 12 y4 Feb 26 28% Feb 26 20% Dec 28 5V2 Dec 5 9Va Mar 29 y4 Mar 7 37% Dec 81 1 89 Feb 83% Feb"¥ 28 Mar For 4 8 Jan 4 34 Vz Mar 16 Fairbanks Morse 7% Jan 3 10% Mar Fairbanks Whitney Corp com 3 25y4 Mar 14 21 6 Jan Jan 6 Sep 20 37% Dec 5 33% Dec 27 see 35% Jan 3 81% Jan 13 85 11 50y2 Mar 35 Jan 9 10% Mar 17 43 footnotes, 1 33 45 y4 Mar Feb 9 4% 1 5% Jan 4 43% Mar 16 17 42% Mar 13 page 28. Co—____No par 1 $1.60 convertible preferred 40 Fairchild Engine & Airplane Corp_l Fairmont Foods Co common— 1 14 32% Feb & convertible preferred junior preferred Falstaff Brewing Corp__ Family Finance Corp 100 50 10 x24% ' " 8% 44 8%" 44% *83 84 *50% 51 9 - 10 33 9 Yb 24 34% 32 3A 33 2,000 10 Va 9Yb 10% 90,800 24% 24% 24Yb 2,300 10 3/8 278,200 9% 10% 93A 10 Vb 43 Vb 43% 43 3A 44Yb 84 83 84 *83 84 % 50% 50'A 50% *50'A 50 Ya 110 43 43% *83 84% *83 50% 50% ♦50 9Y4 44% 45 11,100 __l 41% 41% 41% 41% 41 41% 41 Yb 43 Yb 43% __l 41% 42% 43% 40% 41% 4,800 40% 41% 407/b 41 40% 41% 8,200 Volume 193 Number 6039 . . The Commercial and Financial Chronicle , (1241) 21 NEW YORK STOCK EXCHANGE STOCK RECORD ■ ■(: ,-i Range for Previous Year 11)60 Lowest 5% Dec : 28 15% Oct 5 Lowest l - 69% Jan 9 STOCKS Range Since Jan. 1 , Highest 44 % Nov 4 47% Jan 9% Mar 29 20% Jan NEW Highest 57 % P eb 28 6% Jan 3 12 5% Jan 9 17% Jan 3 3 33 % Feb 25 % July 28 40% Jan 6 15% Dec 20 27% Jan 4 21% Sep •24% Jun 9 17% Feb 21 Vb Mar 16 24% Jan 4 33 % Jan 41 Oct 45 19% May 23 32% Oct Jan 15% Feb ■22 % Aug 15 39% Dec 14 24 Jan ' 10 3 34% Feb 1 15% Oct 31 24 May 12 67% Jun 15 43% 24% Oct 26 47 28% Jan 20 Jan 5 20 '/a Feb 4 24 39% Feb 26 32% Oct 22 4' Oct Jan 28 33% Jan 40% Mar 17 33% Jan 9 30 % Jun •6 28% Jan 4 22 61% July 6 49% Jan 4 Oct 25 30% Jan 4 6% Nov 17 13% Jan 8'. 23% Nov 7 38 % Apr 8 84 Apr 110, Jun May 27 91 % Dec 12 27 ;40 * Jan; 13 6 % Jan Mar 33% Mar 10 3 7% Feb 34% Feb 28 7 83 Jan 27 7 96 Jan 3 38% Nov 22 45 Sep 22 41 Va Jan 20 38 % May 10 36 Va Jan 86% Mar 8 10 4 28 " Feb 24 Jan 24 Florida East Florida Power 5 68% Jun 29 58 % Jan 17 11% Apr 28 '17% Dec 22 16% Jan 4 * 26 % Mar 17 2 34 Vb Apr 18 31'A Jan 3 * 40 13 85 % Nov 3 Jan 11 28% Apr 14% Apr 26 25% Jan 4 22 13 % Jan 5 63 Dec 21 59 % Jan 3 248 Dec 23 Dec > 80 Sep 20% Oct 11 26 Sep 27 44% May 13 196 May 31 88% Jan 13 11% Oct 1 5 85 250 Jan 70% Feb 13 275 13 .96% Feb 12 5 12% Jan -31'A Jan 9 14% Jan 5 Mar 30 22 17% Dec 29% Jan 32 30 May 27 84% Nov 39 39% 16 Va 39% 16% 39% 16>A 16 Va 12,400 49% 16 Vb 49% 16>A 49% 2,300 31% 31 Vz 50% 32 Va 30% 49% 31% 50V'4 30% 15% 16% 31% 16% 31 16% 16% 16% 32% 15 % 32 i6..; 32 Va 31% 32% '-31% - 3434 ' *' * * 38 % 32% s At 3 38% 38% 38 38% 38% 38% 39% 37% 38 Va 36% 37 Va 61% 37'A 62 Va 39 Va 62% 62% 61% 62% 33 Vb 33% 32% 33% 7 Va 7% 7 Va 7 Va 32% 32% ■ 6% 86 *85 108% 48% . 34 Va 6 48% 6'A *108% 49 5% 32 Vi 25,300 41,200 62 Va 64% 11,500 32 32% 18,700 7»A 32 Va ' 63 32 "Va 7 Va 86 64 32 % ! , ' 32% *85 109 - 48 Va 5% 33% 108% 108% 150 '> 48 Va 6 6 67% 68% 25% 38% 39% 26'A *86'A 39'A 87% "85 Va 39% 87 Va 87% 87% 38% 39% 39 Va 39 7a 39% 41% 41 Va 19% 43% 19% 19% 19% 42% 20% 21 67% 21»A 68 72 Va 70'A *21% 71% 71 Va 73% pfd ser of '51—_i 15 ' Giant Markets Inc common—1 convertible preferred..—__lo Mach 3%% & preferred—100 *230 Inc-_ 33%. Mar 14 Freeport Sulphur 3 24% Mar 17 Fruehauf Trailer Feb 13 1 41,100 22 75 •230 10 44% 6,400 76% 21,800 *230 96% 96 ■ 96 14 Vb 15 25% 27% 74% 76% 74% 75% 74% 75 75% 14% 77% 14% 13% 77% 14'A 13% 78% 14% 72,900 13% 14 33% 33% 13 Va 34 34 36% 13% 36 Va 69,100 36 Va 3 6'A 36 Va 9,100 19'A 12,000 31 %> 31,100 ' . 25 ", 96 96 96 Va 96% 14% *96% 14% 14 Va 14% 14 Va 26 Va 14% 27'A 7,800 26'/a 27 Va 25% 26 7a 34,200 18% * common__^_l 18% 18 18% 18 18% 29%; "* * * Co_*_'.%.__i_—_lo' Co 89 V.15 Vb 25% 10 Corp__ 13 Jan 40 *87 14% 1' 2 Corp ___' *230 39% 89 16,100 25,300 71,900 18,800 ' 33 " * _".___1. _5 Dairies *230 ♦87 41%- 96'4 ' " 2 Co Stores 4% " '67% __loo lnc__L_______ Mineral 'Co_:___ Foremost "' lo com. preferred Foster-Wheeler •*" Corp Mart Motor '.""•M9VV: ' Chem convertible V* ' 40% 1,100 4,400 39% *3% 3 11,100 86 •48 6 7,500 ' *85 108% 48'A V- 6 7% 32% 86 108% 49 7 Va x38% Food , 9,000 40%1 39 Va 39% '* 15,600 2,900 38% 39 Franklin Jan 48% 6% 32% *85 108 . ... 39% • 40% 19% Mar 17 81" 31% 39 Vb 38% 1 *•* 5,600 15%- 25 Va Food 15 32 68 4% 20 36|% Mar - - .15% 39% 20 -14% Feb •: 39:% 25 Va 73 21 39% 16 Va 49% 65% -19 30 % Feb 15 5 "* 66 Dec ) 100 38% 16 66 Foote 6 23 - 25% Ford 29 23 40 3 15% Jan 40% 23'A 23% 3." 19% Jan 41, *23 65 Vi 79 % Mar 41% Jan 41% 23% 39% 28% Feb * 1,600 41 VB *23 24-% 3 * 2,800 41 41 Va 23 Va 39 66% 5 21 ;; 39 Va 63% Jan 24 40% *23 39 23 Va 21% Jan 25 23% 25,000 65% 6 Oct 21% 39 7 Oct 17 21 Va 25% 92% Jan 12% Nov 16% 21% . 65% 35 Va Jan 12 17 Va 21 Va 39% 22 24 16% 21% 24% 60% July 25 17% Nov 17 21% 38% Food 3 5,800 16% 22 41 Va 64% Mar 10 15% Mar 33 Vi 17% 22 49% - *?' $4.20 divid 76% Mar 17 12% Jan May 31 19% Jan 15 33 17 , 2.50 21% Mar 16 * 33 Va 32% 3,600 3,100 32,900 31 - •-'• —_1 44% Mar 17 94'A Jan 95 > 87% Mar 15": - 22 50% Florida - 9 21% 6% 16% Co__25 Corp 22 Vb 22% 33% 54 >A Power & Light Co___No par Fluor Corp Ltd__-___ 2.50 Food Fair Stores Inc common 17 Mar 21% 21% 48% Railway 6% 53 49% " • ^_i Coast 6% *15% Prod——No par- Coach Lines Iric—_,_10 8 50% Feb 20 _i 41% Mar 17 53% 6% 32% 41% Shares 52% 22% 38% the Week 6% 33 Va "*23 ' "•'■••• /;/ Friday Mar. 17 53% 32% 17% 49 6% 22 v 108% Feb 53 33 Corp___' • v- 33% 34 % Firth Carpet Co_____- _____:-■> • 7i/H 7'A Flintkote Co common:.!! 5 * -33 Va" 34% $4 preferred—________„ili_No par ' r■ * *85 * ; 86 $4.50 conv A 2nd pfd____.___.100 ' '•108 1Q9 >.;• *■>: $2.25 conv B 2nd pfd_: No par " 6% 21' 21% Paper 53 Va 6% 32% Firstamerica 10 5 53 6% Sales for Thursday Mar. 16 20% ". Rubber—__No par' Charter Financial Corp_No par : National Stores __-___^_No par First - 16% Avenue First r 41% Corp. Firestone Tire* & ' 53 1 6% . 21% Filtrol 7 Jan 5% Mar 15 iiA 'Fifth 27 ?• 28 29 Jan 10 20 64% Feb Co Mar. 15 com_:__l Fiberboard Jan 34% Jan 22 80 23 6 . PRICES Wednesday Mar. 14 52% I ___2 Ferro Corp 3 19 Electric Tuesday Mar. 13 „_5 4.60% preferred— 25 Federated Dept Stores—:/—:..—1.25 ' Fenestra Inc__'_ 10 15% Feb 47% Dec Ifr, 20 6 ',18" Corp —— Pacific HIGH SALE Monday conv 2nd pfd series A—23 Paper Board Co common__5 5 % Vc Federal - 27% Jan - 45% Jan 24 18% Jan 10 Federal * % Mar 15 52% Feb ' Metallurgical Corp_i_ LOW AND , ' Par Corp.!—.1 1 Federal Mogul Bower Bearings.—5 23 26 ' STOCK Fedders 27 .23% Feb 40 % Feb 15% Mar 13 5 14 % Jan 27 Vb Oct ; 3 22 Va Jan 35 V2 Oct Kl >f Fawick 17 26 ' v 14 19 33 i Fansteel 22% Mar 14 27 4 YORK EXCHANGE 18% 30% 31 18% 18% 33% 31% 32% 31% 32- 97 31% 350 22 22% 22 22% 22% 22% 22 Va ' *75 preferred—_____l_f______ioo 24 Va 24 76% 75% 7 5'A 75 75 24% 76 76 76 76 108,000 210 G Dec 12 16 19% Sep -21% 27% Jan 4 12'A Jan 3 15% Mar 7 22 Va Jan 27 Jan 5 >47% Feb 14 57 59 Dec 7 July 27 48% Feb 23 3% Jan 3 24 6% Jan 15 Sep 29 31% Mar 25 Apr 22 19% Sep 2 -17% Jan 10'A Sep 20 ;11% Sep 9 10% Jan 21% Dec 16 30% Jan 6 22 Vi Jan Jan 4 99% Oct 13 92 Va Jan 26% 21 20 % Jan 3% Oct • 17 May 18 58% Feb Jan 8% Dec 30 80% July 5 -12% Jan 11 Oct 28 146 137 1 16 31 9 Va Jan 34% Jan 26 Jan 32% Oct 45% Mar.;; 8.. 21% Apr 82 21 v 15% 8 12 95 \ !■; Jan 137 4 .25 34% Jari 31 18% Jan 3 28% Feb 5 % Feb 44% Feb 17% Feb V 7 3 99% Jan 4 21 38 % Dec 28 37% Jan J9C 18 75%- Dec 14 68%' Jan 10 33 % Dec 101% Jan 7 Jan 5 76% Jan • 19 4 17 10 1 28 Dec 15 26% Jan Dec 21 37 % Feb 22 54% Jan 35 Sep 28 45 Jun 10 57% Sep 20 79% Jun 85% Jun 22 71 Jan 74% Jan ' Apr 5 Nov 6 - .'General General 2 37% Jan 28 23 5% Jan 10 General 49% Mar 13 * ! $3 92% Mar 10 ; 3 6% Feb 31% Feb 9 22% Mar 9 '27 'A Dec 30 5 367/a Jun 1 18% Sep 20% Oct 28 33% Jan A 6 20% Jan 3 25:. Feb 19 29 7/b Jan !; 4 25% Jan •6:"V ' ' 12 General General 26% Sep 241/4 Jan 5 12 25 Va Jan P 23% Oct 25 34Va May 31 26% Jan 3 If 12% Oct 24 33'/a Jun 1 14JA Jan 16 IF 41% Oct 25 81% Jan 4 ' 53% 3 Jan 6 96 % Feb 26 93 ' Jan 5 103% July 5 101 Jan 40% Jan 4 30 Vi Jan 42% Feb 17 61% Jun 23 53% Jan May 20 64 % Dec, 28 62 14% Jan 87% 26 4 19% Jan 19% July 18 Jan 13 91% Nov 22 65% Sep ' Sep | 6 -50% Jan 20 23 95»/a Feb 6 Jan 19 59 50% Jan 0 98% Mar 103 Jan 88 11 19 96 18% Feb ■ 17%' Jan -21 11% Dec 27 1 25% -23% Jan 65'/a Feb ' 16% Jari! 3 8 13% Jan 4 45% Jan 4 35% Jan 4 23 20% Jan 11 11 Va Jan 3 29 37/a Jan 21 89 Va Jan 4 1 % Jan Dec 5 32% Sep 27. 47% Jan 6 29 28V4 Oct 24 32 Va Sep 29 44 Va Jan 4 435%Jan 26 3% Jan 15 1% "Jan 3 15 10% Jan 15 7% Jan 3 "8V4 Jan 6 5% May 10 26 & 20 Feb 17 2 4 »A : Oct 30 Sep 7 74 Jan 51 Va Jan - Jun 32 3 33% Jan 3 Jan 6 % Jan 26 18- Aug 25 8 15'A Jan 75 % Jan Jan 3 27 41'A Jan 18 35% Jan 3 Dec 16 26% Jan 26 19 Vb Jan 52%- Jan 53% Jan 5 22% Oct 24 34"% Aug 12 May 1.1 37 Oct 24 128% Jan 4 18 Va Dec 19 32VA Mar 14 46 ;••! 17: 82 Jan 19 97 22 Va Jan 4 17% Dec eVi'Oct 23 4 191/4 Jan 11' 72,' -Jan 11 67 - Jan ' For 37 ' footnotes, k'.r.. 'ii. Jan 4 see page 32% Jan" 28. V M'ar _4 6 136% 136% 8% 8% 8'A 21% 19% 21 Va 41% 41 Va Tire '31 7% 19% 40Vi 7Va 20.Va 6% xl8% . 83 . & - ' 34%' Mar 17 2 2"A Feb 3 " 93^ Feb 21 ;• 35% Jan 10 '« 3 21%. Jan . 3 • • • 72% Feb 38% Mar 18 16 3 V 83 •81 31 Va 30 Vi 7% 6% 6% 6% 19% 18% 19% 40:% 40 39% 40% ;•; 20% 41% 82 30 Va 6% 200 9,600 41'A • 30%« - 3,600 81'A 83 18,800 VB^ \ 8Va J-k 21% 3,900 31 6'A % ■ 110 > 4,600 6%. 18,300 19'A 21 21'A 21% 23,100 40% 40 Va 40 3A 41% 72,200 70 68% 65% 40% 40'A 40 'A 40'A 40'A *39% 40% 79 Vi 80 40% 41 80% 79% 80% 80'A 81% 45Va 44 45 45% 81% 82% 47% 24/200 47% 48% 48% 50 7/8 80,200 x66%' 34% 35 441/, 44:14 106'A 81% 106%' ■ " 66 67% 66% 67% 600 33% 34% 33 Va 34% 33Va 108Va 108 Va 33% 108 Vz 109'A 44 Va 437/a 108'/a 108 Vi 44'A 106% 106% 34% 109 109 44 106% 219,500 - 44 107 107% 44% 45 107% 107 19,900 160 • 45% 163,600 107 2,100 82 82 Va 82 82% 33 32Vi 33 Va 32 "A 33 Vb 33 33% 33 Va 39% 39% 39 % 33 Va 39 39% 7,500 39 39% 38 34 39% 19,900 12,900 75% 71% 72 Va 82 72 82% 81% 82% 1,200 72% 73 74% 72% 49% 49 73% 49 *47 49 49 49 47% 49 410 88 84 85 *84 85 85 87% 87 87 92 6'A 90% 90 Va *88 90 1,200 90 92 •91 92 29% 43 29 28% 42 29%. 6% 6% 6'A 6 Vb 6% 6 Va 6'A 29% 19,500 28% 29% 28% 29'A 19,300 42% 43 Va 42'/a 44 23 Vi 23% 23% 23 Va 23% 23% 24'A 29'A x28Vi 28% 28 Va 28% 28'A 28% 41 Va . 28% 43 800 6 Va 28% /v " • 81% 6% . 67 Va VV;" ' 22% y 26'/n V 26% 43'A 44 »A 16,000 23 '/a I 24% 8,500 28 28% 9,700 26 Va 26 Vb 26'A 26'A 26% 26% 26'A 29Va 29 29% 28% 29 Va 26% 1,300 29 29% 29% 17:,a 17% 17% 18% 17% 29% 178,600 18'% 17% 18% 18% 19% 62% ' 64% 62% 63% 95,900 63% 62% 66 Va 68,100 .29% -• - •%<(..-1- . ■98 98 . *102 33% Northern Western (H L) 33 33'% 32% 33% 33% 33% 7,000 65% 64% 65% 32,300 50 63% 64 Va 63'A 64 64% 80 81 Vi 81% 83 Va 83% 84 84 86 18% 17% 17% 17% 18% 17% 18 Vb 20% 19% 20'A 19% 48,500 20 19% 20% 20% 20% 8,800 117% 116% 1197/a 26,300 63% 64% 112 % 62 110% I 98 19% 62'A *95 112 112 Vi 62 % 98 20 62 •95 20 Vb 19% 115'% 62 7 114 62% a 98 V *95 . 20 Va 20 »/a 64% 98 *95 20'/a 20 Va 98 4,500 6,500 - 20%' 3,300 15V« 16% 15% 16 Va 15'% 16 15% 16 15% 157/a 40^a 41% 64,600 40% 40 Va 40 Vb 40% 40% 40% 40 Va 40 3A 12% 4,100 13% 12% 13 Va 12% 13 12% 13% 13 13'A 5,200 2 Vb 2% 2 VB 2 Va 2'/a 2 Va 2 Va 2% . 54Vi' " 2 ' •' 8' 54% 55 Va 54% 57% 57% 58%>' 75,500 38% 36'A 37% 37'A 38% 37'A 38% 70,000 34 34% 34% 35% 35% 36% 35 36% 60% 60 60% 60 61 60 Va 60% 60% 60% 60,700 2 Vb V 8Va * !' 2 2 Va 2 2 Va 22,000 8% 8 Va 8% 8 2 Va 2 8 Va 8 8% 8'A 8'A *8'% 8% 8'A 32 '/a 33% 32 Va 32% 32'A 32% 41% 40% 41 'A 40'% 41% 41% 43% 29 29 29 7 30% 31% 79 77% 78 78% 78% 14V«. 15 Va 14 14% 14% 15 Va 14% 15 48Va "■ " " C %8% 47 48'A 47'/a' 47% 47 Va 25 47% 23% 24 24 23% ! ., 23% a 237/a 29% *77'% 23% 30 3 a 79 com___No par ' 59 59% 59 % 60'A 47% 48% 47% 48% 45% 43% 4 5'A 44% 45% 31'A 140 31 Va 140% 31% >139 7,800 8% 2,900 8% 8% 1,700 32 Va 33% 10,300 43% r - 437/a 14,400 30% *77% ■* 31% 28,500 . 79 170 14% 15 Vb 46,000 47% 48% 26,000 23% 23% 7,300 60 % 65 65 67 Va 47% 49 48% 49%: 15,200 44% . 45% 44% 45 Va 24,900 7,800 * 31% 30% 140'% 140 31% 31% *139 141% 31% 5,700 370 141 21'A 22% 22% 22% 22% 22% 22% 22 Va 22% 14,300 31 VB 31% 317/a 31% 32'A 32% 33% 33% 34% 8,200 21% 21'A 21% 21% 21% 21% 21% 21% 21 % 92 91 91 91 91 92 92 32'A 32% 32 32% 32% 33% 21% - *90 . • >' ;22% 31% - A'Greyhound Corp common— .1.3' ...A 4'A% preferred.-.: !_•:!!__!—100*_ 59 Va 48 32 31% 141% 141'% A' lnc_^____' , 23% 59'/a 47% 45'A '. 8 Va 8% 33% 79 '•• 2 8 a 32% 28% : -V 2 Vb 41 / 6,800 55'A 36% 35% 59% A " ' 2 Vb 54 Va 38% 34 • 2 Vb 56 / :37% par Corp_:__—.8.33% 80 33% ' Co.ll Grumman Aircraft Eng Corp.— l Gulf Mobile Si Ohio RR com.No par 55 preferred _No par 97% 103 ' " __10o Co___:3 97% 103 17% 19% Co— No par'. Financial Corp li Sugar 65'A 97% 64'A 62 Ry Co 66% 102 18'A 109'a 1 • 33'A 102 81 Va *95 par FropA-No 97 V2 102% 20% Stores..-—l- Paper 63% 98 "102 16Va 1 Tea *97 Va 98 102% 80% 6.25 Pacific »102 62% , common—2.50 Iron Ore *97% 102% 333,, Inc—_4'" * preferred.— Oil 41% 30 Va : 8%. 137 67 - 5 /Green Shoe Manufacturing Gulf 41 *81 Va 83 31 % 8%;;;- 40% • preferred__i__ioo Green 40 7 a 8% . 407i 3-1'/» 39V« Rubber_i'__No par Batteries Co /-Great Western 7% 20 22 8% 137 80 '79'A • —:_^1* City Steel—— A Great Northern / Great Feb .21 24% Feb 1 Great 40 % *81 108Vi .108'%, Co Ltd—_: ,__5 Cb——! !____5 (W T) Gt Northern 3'" 3 41% 31 Va Co__A' Inc___ Great Atlantic & - 3 • & _Grayson-Robinsoh 7 21% 40 Va ' *81'' - Mining 3%% • 10,100 20 Va __io Union Grant 84'A % 21:,h common.—::____5 / $0.60 convertible- preferred-No par Granite 34,a Fe'h. 24 143- . " 26% July 25 1 Mar 671/4 Mar 17 26' ^18%' Jan 28 83% ./-8% V 136 Va Co _____________l(j (W R) <fe Co— Granby 9,100 . 43Va common_83%c Brothers Grand Vi Feb 23.." 46% Mar 10 , "Jan 91 Mar 10 • 93% : 25% 8% 8% 137 6,200 93% 8% 8'%"*" 21% 500 24% A; 8 Va - _25 Graham-Paige Corp comrrioh— 51 13 31% Jan Grace v . 8% 4 - _2.50 - 3 1 15 24 51 Jan Aug 19 34*1/2 Sep 29* "Jan ■ 3" 28% Jan 24% Aug 29 IF so 3... 25.% Feb 19% Oct B) _; $4.50 preferred::^:-:—:L::No Goodyear 9 ••'15'A Mar 13 ; :/' 49"% Mar 6 23 r "19% Jan C- 84 ' 31% Mar 17 31% Jan 139 fseries Rub & ! Gould-National 8 44% Feb 3 Jan : 7 Feb 83% " 4 48% Jan . 32% Feb 15 143A Aug 19 26' 9 » 4 42 'A May 10 8 28 Mar 10 Feb/ 83% . Brewing Co.—; l Goodrich Co (B F)______________10 Mar 15 % 83 Va Goebel 34% Mar 10 17': 31 18 •'•"! 25 Vt Jan 80 61 2 3.5 Vi' Jan 15 7% Oct 11 • ;-v 8% 84 " Electronics—_3.33'/a Globe-Wernicke 13 39 •/ Mar 39% 5 30 Vi Sep si • 4 Jan 2% Feb 58% Feb 4 27 32% Apr 12 41% Aug 24 & Glidden Co 24 25'A 93% 25%" x83Va 84Va 30% _'_:lo Corp —_1 jGlen Alden Corp__/.__, 3 14% Jan •V- 4 1% Oct 7% Dec 45 Tele Gladding McBean 9 42% Mar - 3 24% Sep TH 16 V8 Mar >• 24% 93% 24'/a 24% 138% 5%% Gimbel /V 20 V2 Mar 17 17 lO'A Nov a 21 Feb 25 95 24% 24:J4 8'A Giant Portland Cement Co—_Zl" /Gillette Co ' ! ___i 23 97 24% 25aa 34% Castings Gerber Products 6 1,500 24% Corp_________i Getty Oil Co____ 119% Mar 17 34% Nov 1% Nov Mar 12 8'A preference.—___:____:__100 ^'Genesco Inc____'__ : _i Georgia-Pacific Corp —80c 7 2,800 11%, 24% " t"V' $5 preferencea___ul_________^ioo V 22 12 12 xl38% „ Jan , 16Vb Oct 1 21% 11% *11% Telephone Co of Florida— General Tire Mar 17 21% 11% *93'A V " par ____5 Refractories___!___ $1.30 preferred General 28 27% 21 Va - '•* 8%"'- " Service—_______10c General Time Corp / • 14'/2 Oct It 9 ;A 33% Mar 13 65% Mar 16 89'A Feb 8 Jan 12 »A May 17 42 .V 2 !« 68% Feb 5 26 Jan 100 5 Feb 19% Feb .- 10 Jan 26% Jan - ;.*• 30 4 25% Oct 91 S Public General Steel •r. 21% 5 94:% /General Public^ Utilities Corp_._2.50' ' A ' General Railway Signal.,______6.67 ;r ' . 2 21% Equipt Corp____1 v„. 72% preferred—l,---No par' : - y : '-49% preferred___No par" 88 preference—No par V "" *90 conv General 44% Mar 17 21% Precision conv - 29% Mar 10 3 Jan 21% 27% 25'/a common " 26% Jan 5% 27% convertible $2.98 2 23 V4 Oct 29 $1.60 88% Mar 10 - 22,700 4% 27% 25 .general Outdoor Advertising—-.15 / General Portland Cement Co: __1 " Mar 10 16,900 5% 4% 27% 94% pieferred__'___,___________ioo V'; Motors Corp common__!,l% $5 preferred —l____No par 'V Preferred $3.75 series!—_No par" 33% Mar 17 56% 4% *26-u 24'A 5% ' 76 ' Mills 55% 6,800 4% 25 General 82% Mar 16 6*; Instrument 56 10,100 26'% 21% 11% 8V0 5 No par 54 7,300 26% 56% 4% 95 l Co_______ 53% 14% 26% 26% V ' 8% Finance Corp_______2 Controls" Co ___I_____ 5 Electric x52 % 14'A V 138% 138%-V' •* " __10O General Foods. Corp 54% y 54% 14% 26Va' 83% par'A Dynamics Corp 53i/4 56 247a General Finance Corp________j___i 23 42% Feb 9 5 General . 6 • preferred.: 56% 13% *93Va Corp—2 Corp____*__"i___ Corp coni ! No 26 Va 55% "24 ' Contract General 16 3 22 20 •-'• 3 Feb 1st General 24 46% Mar 20 66% Jun 25 Sep Gen Mar 17 107% Mar 4 41 43 % Oct 61 4'/c ' July 13 21 Vb July 32 Jan 37 4 6 V 79 Va Jan ' 31 111% Mar . 3 ' Jan Cable _No 26% 56'A 21 Vb " /General Cigar'Co. Inc.._l - , « Bronze General 50% Mar 17 3 40% Jan 104 * 82% 5 107 V« Jan Aug 22 55% Jan • 6 General 9 41% Feb * Bancshares 2 74 ,-t ? 11 313A Jan 108% Aug 25 85% Aug 10 -37% Jan 111; 40'A Dec" 23 100% 61 Vb Feb preferred.:—Ai" General 9 45% Jan 28 29 $8 • 21% Mar 17 "" 39% Jan Mar Feb 7% Mar 61 % Aug 237/a May 23 83 • 17 11 *-■ 27% 55% 11% ' 11% " com__l of Texas—_5 14% 26% 56% 4'VV"" ' 4Tb __1100" Co 14 27:'a 55 Va 26% " pref___:No parj Investors Oil 14 Va 27 57 54 " * " ./General Amer4Transportation_.1.25 General Baking Co common______5 27 33 - 27 4 5 ■ 13 A Amer 13% 27% 56% y' Corp_!Al__—1 vo-ting American com_____l preferrCd____50 preferred General 27 M:VS 22Vb conv $4.50 19 Feb 12 50% Jun Jan $a60 ,,General 0- 3 8% Feb Inc convertible 14% 27 4 _______2 ' 3 r7% Jan 70 'A Sep 8 Mar 10% Mar : i4o ■ 2 24 18% Jan r 27 30% Apr 22% Mar Feb 86 Va - Jan 2 Jan .. ,27 • '13% • ___5 'General Acceptance Mar 16 26% Feb Dec 83% Jan 23 : 4 Va % : " 5 Co Gar Wood Industries X 8 1 Skogmo Inc— y\!Garrett Corp 28 22% Mar ^ Va Jan 29% Jan 25 Oct 33% Sep r. Gamble ________—______ ^Gardner-Denver 5% Mar 17 27% Feb v 7% Jan Aug 24 36% 14 Dec 6: 78 July 22 7% Jun 16% Oct 75 Va 24 Mar 13 56% Mar 17 24 Va Jan 17 - VGabriel Co - . 24 90 6 28% Feb 51 29" 38% May 31 42 Vb Jan 32'A -32 7'a 19% : 20 Va *71V4 , - 37% 19% 19Va .19% -19% 72% • 71 71% 71 71 37% 37% 37% 37 37'A y, ; < •91 32% 1 11,300 93 50 33% 28,500 " 4 19% •69 36% 19% 71% 37% /, ... • 19% *70'A 37 19% i \ 5,300 71% 600 37 V2 97,100 22 +(1242) % commercial and Financial Chronicle . . . . Monday, March 20, 1961 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous Range Since Jan. 1 Highest Lowest NEW Highest 82 8 38% Jun 23 35% Jan 40 Feb 21 States No par , 6 86% Aug 26 85 Va Jan 87 7 $4.20 dividend 7 91 % Oct preferred 91% Mar 10 $4.40 dividend preferred 100 91% Mar 92 y2 Mar '91 97 Aug 12 Jan 4 103 % Nov 15 102 Feb 104 97% Jan 11 103% Aug 19 102, Jan 28 6 Sep 36% Dec 29 33 Vb Jan Mar $4.44 2 105% Feb 24 y2 $5 14 42Va Mar 17 dividend preferred dividend Gustin-Bacon Mfg ♦103'% __2.50 . 24 Sep 26 53% Jan 11 64 Feb 28 Hackensack Water 3 51% Jan 4 42% Jan 3 49 Feb 9 Halliburton 40% Co 24 4 31% Apr 19 ' . "25Va Jan 35% Feb 16 21 y2 Dec 5 Jan 4 22 va Jan 28% Feb 9 88% Jun 7 106% Jan 6 93 % Jan 112% Feb 26 % Jun 20 32% Jan 25 26% Jan Hall 13 28% Nov 42 25 July 5 Oct 121 24 34% Oct 24 21% May 24 18% Oct 31 22 % May 26 27 47% Jun 21 57% Jan 5 Mar 24 129 50 Vb Dec 26% Sep ?29% Jan 16 26 15 47% Jan 56 Va Jan 26 Harbison-Walker Refrac 127 Feb 16 46 !; Jan 65 Va Mar 8 6% 24 Va Jan 35 Feb 28 Harsco 24 % Jan 23 Harshaw Aug 31 11% Jan 6 61% Feb 17 9 V4 May 25 88% Dec 28 Jan 5 13 23% Jan 23 33% Feb 17 Hart 8% Feb 3 13% Feb 20 Hat 27 81% Jan 11 11 Schaffner 63 Va Mar 17 3 Heinz (H J) Co Jan 3 3 75 Va Mar 16 Heller 33% July 7 29% Jan 5 40 Helme (G W) 36 Aug 5 34 Jan 4 20 Jan 4 14 Feb 2 16 Feb 82% Dec 8 79 Jan 3 98 Jan 111% Aug 26 108 32% Jan 18 13% Dec 1 61% Apr 13 104 v2 Dec 6 56% Apr 13 Mar 76 9 87 36% Mar 16 Jan 3 70 Dec 20 67% Jan 4 78 119% Dec 9 112% Jan 4 145 % Feb 1 67 Dec 21 61 Va Jan 26 28 Jan 4 20% Jan 110% Jan 17 18 % Oct 3 38 8 24% July 13 23% Jan Jan • 7% 23 Powder 5% $2 Mar 17 Hertz 27 3 2 Jan 6 68 Feb 2 3%% Jan 3 130 Feb 2 $4% 12 % Dec 1 19 7 Vb Feb 7 16 Jan 20 29 Va Oct Jan 21 19 37% Jan 4 30 Va Jan 10 23% Feb 1 28'A Apr 6 24% Jan 12 14% Dec 6 30% July 5 16% Jan 3 21 Va Feb 9% Nov 16 5 9% Jan 4 7 30% July 30% Oct 13 Jan 29% Feb 23 May 20 28% Feb 1 42% Sep 29 Jan 13 30 43% Mar 10 19 65%i Jan 3 84% Mar 27% 0:t 41 Vb Jan 4 34% Jan 3 40% Mar 16 90 % Sep 25 81% Feb 51 Jan 5 67 _ Mar 16 53 Va Jan 13 83 % Feb 7 88 20% Dec 12 26 Sep 19 20 2 25% Jan 4% Oct 26 8 Jan 14 Jan 16 2 Mar 4% Jan 14 16 ' 3 Mar 8 7 19 5% Mar 13 Holt Honolulu Hooker 5% 30 21 19 MarlO 10 22 va Jan 4 16% Jan 3 19 Mar 14 38% Feb 10 36% Jan 13 39 Mar 13 7 35% Dec 9 33% Jan 19 39 '/a Feb 4 79 Aug'119 74 Va Jan 4 14 82% Jan 23 82 Va J&n 23 4% 13 88 Vb Jan 10 90V4 Feb 23 4.40% 100% Feb 13 Mar 70% Jan 77 Jari* 88 Dec 16 65 % Jan 21 8' "83'/a Sep 93 Sep 77 23 Mar 15 Corp Feb 15 67 Va 37 Va *27% 7 17% Jan 3 20 ■% Mar 17 53 5% *73 137 63 64 63% 24% 24 7 64% 64% 25 67 67% 257a 25% 25 7 700 24,400 25% 25 Va a 57,600 66 247a 19,200 *67 68 *67 68 *67 128 *125 128 128 50 68 125 125 9% Va 25 Va 26 12& 67% 125 200 5,100 38% *24 v a 9 % 9 9 Vi. 9% 50 78 140i% *24 65 % 110'% 145 *76 77 132 131 % 110% 110 110 75 75 131 Va 9 Va 220 9% 9% 1,800 47,200 « 37 37% 38 40 % 40% 41% 39% 41 Va 28 % *28 28% 28V. 28% 29 29% 29% 29 Va 2,800 2OV4 11.400 37 7 20% 19% 20% 107a 10% 10% 10% 107a 4,500 32 31 % 32 31 'A 31 31 % 31% 31 31 % 3,900 *29% 30 *29% 30 66 30 'A \'H *29% 30 *29% 30 15,600 64 Va 65 % 67 65 Va 667 a 4u 45% 44 VB 457/4 441/4 44% 83% 91 % 93 ■„ 80% 817a 81 Va 82 26,800 5 37% 38% 37 38 Va 38 39 10 39 Va 40% 391/4 401/4 35,000 86 5 22 9,500 60 88 % 23 i/4 23 23% 23% 24 Va 24% 25 Vb 24!'a 251/4 10,300 5'8 5% 5 5% 5»/« 5% 5% 5% 5% 5% 16,700 —25 preferred xl8% *18% .18% 18% 3 18% common 75%' par Corp 1 18% :. 38 37% 37 % 37% 37 7 77 77- 77 76 18% 18% 38 38 Ul't. a 18% 18'% 19 18% 38 '18% 38 3§> 76 75% , 38 500 38% 37% .' 17,400 600 78 *77 77 600 7,000 19 38 Va *38 84 *821/4 84 *82 Va 84% *82% 84 *82 % 84 *90 91 *90 91 *90 91 *90 91 97 8,400 931/4 95 % 94% 9*% 94'% 95% 96 15% 15 15 14% 14% 14 14 Va 13% 14% 19% 20% 19% 20 19 Va 19 % 19 19% 19% 217 a 89.600 49 3 par 95% 15 5 common— qn „ 94% _i com f' 18% 19 91 *90 1 (Delaware)— xl8% :>(<< X38 36%. *82 y4 100 Lighting & Power—No 18% 18% 18%. 39 " 100 preferred Indust Inc *86 88 *86 87 *85 87 *85 87 Va 1 common 50 Va 49'% 49% * 49 y2 49% 49% 49% 497a 50% 4,500 46% 47% 46% 47% 49'% 23,900 4 45 Va 47% 48% 94 94 94:% 95 97 97 97% 10 Va convertible pfd series A—„50 Hussmann Refrigerator Co a 467 *96% 9% 10% 28 111 *110 132 10% |__1 38% Feb 94% 14,300 19% *95 Va 3 2,600 96 11 100 34% Jan 15 94 20 100 5 14% 25 25% 26% 330 35 Va 14% 95% 45 % preferred Hupp Corp 35 % 36.Va 14% 93 19% preferred series A 15 36 14% 93% Xl0'4 preferred series B 10% Feb 36 14 Va 36 11% 5% 26 39 % 19% 5% Jan 38% 10% convertible preferred 50 Household Finance common—No par 3%% preferred 100 Foods 63% 39 % 92 76 *24 75% 38% 1'% 36 111 130% 5,300 6,000 72% 39 *19% 97 Va Mar 16 Feb 93% 94% 100 88 75 72% '75 !m 72 Va 38 23,300 *86% 19% 16 95 87 66 % & 21% Jan 2 j% $2.25 Howard Stores 14% 14% 63% 59% 59 87 36% No par America convertible x56 83 Hunt 27 93% • ♦35% 36 65 % common Houdaille-Industries Inc Houston 8 39 72 40 x70% 25 lu Bearing Co of 55 Va 87 Va 54% *85 87% 7,000 2,800 64 % 49% Mar 10 16% Oct 14 7 65% Min & Sm Ltd—No 7 *85 750 13 12% 127a 44% Hudson Bay 39% Jan 55 54%? 87 1-'% 109'% 108 107% 103 a 12% 83% 50Vb Mar 10 26 54% 52% ♦85 104! 44% 3 Oct 12% 66 45 32 100 Va 13% 44 V: 14 8 103 % 12% 64 54y2 Jan 11 100% 13% 81 % 29 13% Jan 106 Va 13 1 43 y2 Jun 25 102% 4,900 12.50 Co 6% Oct 42 - 4,900 14,100 %„10 Howe Sound 4 42 24% Inc Corp 21% Mar 17 3 43 31% 3 10 43 *29 % 14% Jan 92% Jan 43% lo 15 Va Mar 90% Jan 43 30 6 35% Jan 42% common 10 14 41'% 42 preferred 12% Feb 16 41 % ' 5 86% Jan 27 11% 50c 4 Sep 28 11% 25 13 94 26% 12 common—__2.50 30 93% Dec 27% 11% 9 19y4 Jun 40% Dec 26 % 11% 9 90% Dec 25 27 Va 11 Va • 128 24% Jan 90yi Aug 24 26% 12% *125 2 84% Feb 27% 11% No par 13ya Dec 24 Vb Mar 14 27 121/4 1 11% Mar 30 Jan 27% 11% 5 Chemical Corp Sep 27 27 Va 5 ___• $4.25 preferred Hotel 16 % Oct 5 32 23% 132 Minings Hoover Hall <k 36 Vb Mar 17 16% Jan 31 Va 22% 130 Corp Oil 8,300 25,100 32 Va par No Rinehart & Winston Homestake 64 23 Corp Holly Sugar Corp 20 8,700 127 63% 22% *74 32 % Mar 22 55% 55 *125'% 64' 31% *110 30 Va Jan Dec 62% 55% 127 231/4 75 6 52% Oct 63 Va 32% 32% 31% 111 4 67% Dec 63 120 32 2,400 17,300 23 75 ; convertible 63 1,400 29% 29% *110 11% Mar 13 5% *125 Va 5,000 29'% 23'/4 ♦35% Hilton 7 31 % 55% 55% 127 9,800 29'% 30% 2 1/12 5Va% conv pfd series A Hoffman Electronics Corp Holland Furnace Co 16 55 *125% 107 23Vb preferred—25 41% Mar 16 15 31 Va 26% 267a *103 106 29% 29% 33% ' 29% 70% (conv) Corp 33% 34 !'a 500 48% 30% Chem Corp 1 preferred series A—____100 Hotels 80 61 Va 47% 22 % 123% par Co pfd 61 % 48% 26% 26 *101 30 Va 55% 33% a 101 21 Va 127 *125 . 47% 25% 25% 101 32% 54% 54% ___i 2nd 32% 30% 31% 127 39% 29 Va Mar 16 37 May 19 40% Jun 2 56 Hill 29% 29% Heyden Newport 26% Feb 66 117 95% 29% 33 3 32 Va 26 95 38 Va Co Hewlett-Packard Aug 22 32% Va 477 a 47% 24% Va 97 29 63 *61 63 *61 Va 24 69% Hewitt-Robins Inc July 13 41 " preferred-No A 28 68 9,000 100 class 38% Mar 17 120 42% x62 'A No par Hershey Chocolate 16 20 41% 1 common 68% Feb Jan 105 % 40 Va 10 — preferred conv 103 Va 40% 40% ' Motors Hercules 10 *102% *103% 40 VB 401/4 40% 64 VA 100 non-cumulative Hercules 23 103'% 105% 63 Va 8.33% common 17 92% Feb 60 % May 11 common preferred (W E) '& Co 26 36% Mar 17 15% Mar Mar 14 *102% *103% 32% 31 Va 5 3.65% Mar 16 102% .__i Inc 50 % Jan 250 104'/a 50 . Inc.,— 81 30 1 common—. Industries 16 93 5 Marx Haveg Industries Aug 30 29% May 12 & Hayes Dec 93% *92% 5 _ 7 84 91% 4 1.25 _ 9 55 88 *90 102 3 1 Mar 4 *92% *86% 90% 104'/a 63 54 preferred. 17 93% *92 Va 5,800 88 104 48 ♦125 Co Corp of America Jan 90% 105 62% 29% 1 Corp Chemical 37%' Feb 91% 91 38 *102% 47% com—_7.50 14 Va Mar 112 9 49% Feb 77 Jan Shares 37% 37% *103% 62 % ♦95 2.50 . Corporation. 5% 43% Mar 15 *86 Va 88 *86% 93% *92% 93 % 37 Va 105 48 _100 Harris-Intertype 20% Jan 91 24 Va 1 10o preferred 2 87 90% 31 Va —5 common preferred— 120% Jan " 31 Va Jan 11 .27 Printing Co___ convertible 37 % Feb 3 87 62 5 Hammermill Paper Co Hammond Organ Co— 30% Mar 37% Feb 8% Oct (W F) 88 37% 37 37 3 a 47% 25 .■ Hamilton Watch Co 4% 371/a h Feb Nov the Week Friday Mar. 17 Mar. 16 104 100 Co 35% Jan 55 ♦92% 104 100 preferred ;"X; 48 91 37% 91 , ♦86 % preferred—100 dividend $5.08 Sales for PRICES Thursday Mar. 15 .,37 100 861/2 Jan 87 y2 May 18 SALE Wednesday Mar. 14 Utilities Co— Common Jan Mar Tuesday Mar. 13 Par 84 % Jan 7 HIGH AND Monday STOCK YORK EXCHANGE Gulf 273-4 Feb LOW STOCKS Year i960 Lowest 9% 10% a 48 120 95 *95 96 *95 96 98 95 2,200 *96 98 *96 Va 98 10% 30 400 10!% 10 10% 9% *38 38% 38!1 38% 19% 19% 20 20! 1 53% 537 300 37 Va 37% 38 38 *38 38% 19% 19 Va 19 y8 19% *19% 19% 531/2 53 53% 53 Va 537 53 V! 53% 7,200 30 la 5374 3°1/2 a 10 29% 30 29% 297 a 29 % 29% 29 7'a 30 _5 37 Va 38 37% 37 3 37 Va 37% 38 Va 38% 16,700 65 Va 13,600 3,400 I 46 57 Va Aug 24 Jan 3 59 Feb 2 21% July 25 31% Jan 4 26 V« Jan 3 38% Jan 11 Ideal 28% Oct 25 47% Jan 6 31% Jan 3 39% Feb 16 Illinois Central Jan 69 24 Illinois Power 27 62% Dec 30 58 Jan 23 39 Va Jan 18 43 Aug 12 41 Jan 4 41% Feb 18 45 Aug 4 49'A Aug 9 41 4.08% 43% Jan 48% Feb 20 44 Va Jan 30 49% Jan 25 Feb 2 11 43 V* Jan 18 43 % Jan 22 57% Aug 23 32% Jan 23 45 4 Feb 31% Nov 46 17 50% Dec 27 Jan 10 57 5% July 11 8% Feb 25 .5 Va Jan 3 8 4 22% Jan 12 17% Feb 2 86 Va Apr 19 65 Sep 28 145 Dec 13 36 Va May 29Va Oct Feb Co 50 Feb 71% Jan 3 49'A 49 49 *48'A 49% *45 46' 'a *45 46'% *45 46% 44 *43 Va 44»A *4S% 44 43'A 27 Indiana 40 'A 39 Va General 19% Feb 9 1 Corp Indianapolis Power <fc Light—No S Electrica Industrial Rayon Ingersoll-Rand common 15 33 Va Jan 3 47'A Mar 17 Inspiration Consolidated Copper 6% preferred Inland Steel 35% Dec 23 35% Jan 30 39'A Mar 17 Insuranshares Ctfs 49 Va Jun 15 40 Va Jan 26 44% Jan Interchemical Corp 21 Nov 1 407!4 Mar 8 50% Jan 19 18 21% Jan 18 3 580 Jan 3 92'A Feb 27'A Mar 733 27 2 Mar 17 Sep 23 3 52% Feb 139 % Feb 2 148 % Aug 25 142 Vs Jan 4 147% Mar 8 Feb 8 36'A Aug 24 34 Jan 5 43% Mar 3 69% Jan 12 25 77 Va Jan 3 81 Feb 6 20 Oct 80 263 42% Jan 17% Aug 5 Dec 30 25% Jan 3 30% Feb 47% Sep 20 59 Va Dec 21 58 Va Jan 3 68% Mar 12% Aug 1 23 6 4 Va % Iron Int'l Harvester Int'l 20 100 1 Machines 100 4 21% Feb 19 15 Va Jan 4 21% Feb 24 International 22 31% Dec 30 30% Jan 3 35 'A Feb 17 International Paper 8 94 Va Aug 93% Feb 7 9% Dec 30 19% Mar 2 10 Feb 6 6 70 % Mar 2 54% Feb 7 15 221/4 Dec 23 26% Dec 14 21% Jan Oct 24 41% Jun 20 25 Jan 12 91% Dec 7 139% Jan 3 95 Jan 3 32% Dec 20 44% Apr 23 38 5 95 Jan 14% Feb 64% Feb 3 24 29% 66 24 5% preferred Rectifier International Resistance 123% Mar 7 International Salt 33% Jan 3 37% Mar 6 International 28 58 Jan 3 83'A Mar 2 International Silver 30% Apr 25 35 32 Va Jan 11 38 % Mar 32 Feb 17 48% Dec 30 44% Jan 4 59% Mar 16 International 32% Feb 17 38% Jan 15 33% Jan 11 46% Mar 13 International Utilities May 10 45% Apr Corp preferred 4 40% Jan 12 17 58'A Dec 9 51% Jan 4 18% Jun 22 21 Va Dec 27 20% Jan 4 23 % Feb 33% Jan 4 46% Aug 26 42 Va Jan 3 49'A Mar 16 36% Mar 1 43 Dec 21 41% Jan 3 47 Feb 15 Iowa-Illinois 32% Mar 4 40 Aug 29 38% Jan 10 43 Jan 25 Island Creek Coal 20 Oct 115 Jan 18% Oct 12% Dec 31 4 36% Jan 124 1 Sep 44 Va Jan 26 7 •21% Jan 7 115% Jan 4 Jan 12 10% Oct 13 18% Jan 7 76 Va Jan 26 87 40% Oct 24 52'A Apr 76% Jan 22 83 20 Aug 22 13 2l 14 53% May 8% Mar 27% Jan 30 118%. Jan 30 24% Feb 20 3 2 Feb 2 48% Feb 14 Jan 6 55% Feb 13 73% Jan 4 15% Jan 3 60 Va Mar 17 83 Va Feb 7 72% Mar 17 110% Mar 7 5 28% Feb 15 4 56% Jan 3 70% Mar 3 99 Va Aug 24 96 Jan 3 100 % Mar 2 11 Va Dec 18% Jun 13 Jan 3 15% Jan 8 For footnotes, see page 28. 28,400 145% 145 760 V4 17,700 41% 41 % 42% 42% 44 81 *79% 80% 80'A 79 % 79% 29 % 29 29 28% 29 66 % 65 66% 66 3 67 Va 8 18% 33% . 96 96 300 3,100 34,400 18% 33 Va *94 a 19% 17,400 32 % 19% 32% 19 % 19 33 *94 96 7,400 23,700 51 50 % 50% 147 100 % 733 723 33% 68,200 *94 . 96 500 : 13 Va 13 % 13'% 137a 13 13'A 13 13 1.701 60 Va 61 60 Va 60 % 59 60% 60 64 2,100 21 Va 29% 27% 28 % 317 29% a 32 Va 116 Va 31% 116 115% 117% 37 % 36% 37 36 7 32'A 32 '/a 32 7'« 31% 74,000 32% 31 % 31% 32 % 13.400 120 118 119% 120 2.500 37 36% 37 4,900 80% 80'A 81 80 80 80 81 81%' 83 38 *37% 38 37 Va 37'% 37'% 37% 37% 38 57 ' x57% 58 57 % 58 •% 58% 597a 58 7 a 597a 96,000 44% 46% 43% 44% 43% 44 44 VB 44% 5.600 48 48% 47 Va 48 48 75% 78 78'A 81 79% 80% 79 7 i, 80 22 Va 22 Vb 21 % 22 22 22 *48 Va 48'% 48% 49% 48% 49'A " 45% 47% ' 76 * "* 22% 46% 48 % 77% 22% a 48 48 % 8,400 400 2,000 48 9,700 Va 3,400 22 47% 47% 41 Va 48 ;.l 45 45 447 s 45% 45 45% 44% 45 % 45 45 Va 3,500 39% 39% 40 -? 40 3 40'% 41Va 41 41% 40% 41 2,200 24 Va 5 Va 25 Va *116% 118% 21% 22% 21% 15% 16 16 5 26 8 25'A 24 % 25!% •*116% 24% j 118 21% 117 111 22 22% 16 Vb 118 21% 16% 16 16% 1,300 11.200 24% 25% 118 118% 118% 170 22 21% 22 '/a 11,000 25! a 16 Va 16% ! 16% 2,900 16% 10,500 ' 89% Jan 47 Va Jan 49% 146 26 26'% a 727 100 6,200 65 7 _5 Jefferson 14 17% Mar 257 41 92 29% _1 Jaeger Machine Co 18 84% Feb 25% 147 41 92 712 49% 49 40 *91 40 'A 66% 50c — Breaker Co 4 18% Dec 21 Co common preferred I-T-E Circuit 257a 710 147 81 39% *91 22% 3.50 Electric <fc 3 49% Dec 29 % Oct $6 Gas 59% 40 *39 40 93 10 Co___, Jan 95% Mar 13 Light & Power Co___ Elec 391/4 40 37 56 25 Iowa 13,300 367% *37'% com__5 Power 15,100 77 par Interstate 48% 471/4 ■ 3S7/8 25 l 10 48 46 Va 29 Va *94 117% Dept Stores Jan 82 13 3 3 o convertible 13'/« Jan Sep 1 62% May 31 Dec 9 $2 Interstate 81 79 '44% Jan a ao Mar 15 152 48 29 % 61 Iowa Power & Light Co 48% Mar 13 *145 9,000 66 33% Teleg.No 16,800 83 46 Va 146 % 19% 116% 18% 82 45% 41 % *79!% 147 147 1,500 18 VB 47 % 700 41 48 18% 82 45% 25 Va « 702 145% 28% 25 33% Jun 81 3,300 7% 47 39 Va 33% 60 preferred 25 7 18 152 *92 18% 32% common Telep & 25'% 7% 80% 821/4 \ 7 Vn 7% 18 % *39 40 92 33 Va 26% Co Shoe— 40 14,400 44 Va V 40 39 92 187u 1 Corp 44% 33% 94% 13 Va No par No par International 16 3 30 40% 57 *56'% 57 1,410 43 V4 46 % 33% 94% 13'A 10c 100 32% Mar 17 7% ... No par com 34 V* Feb Aug 24 60% Dec 16 May 31 *p6% 7% *145 18% __1 No par Amer 83 47 *39 29% 66% common,—2.50 $4 preferred Int'l Rys of Cent 57 17% 152 41 *79% Packers Limited 30 Va Dec Dec 39 % a 80:i 44% 40% 911/2 25% 5 No par 86% Jan 55 49 7 Vb a 46 41% 81 % Mining Corp of Canada 187 81 46% 45 % 696 41 5 com preferred International Int'l Nickel 407 *56 Va 7% •■145 83% _100 Chemical 17% 18 695 ..708 48 Va 48% 146V8 147 5 No par common minerals & 4% 38% 91 25% 5 preferred 7% 40 *39 1 .___ common Corp Business 7% Inc preferred Interlake Int'l 46 44% No par 2 9 49 40 % 41% 57 57 551/2 152 *145 100 Co 5 29 No par 43% Jan 3 17% 81 1 25 24 40% 7''8 100 pesos 29 a par 49% De Mexico A Feb 38 3 1 49 'A Mar 29 44% 46% 3 Dec 43 *44% *43% 18 34 Va Feb *42% 44% *45 Jan 600 43 *44% 44 42 40 Va Jan Jan *42'% 44% 46% 5 90 43 *44% *45 7 July 11 65% *42 % 44'A *43% 40% 56 '» Jan 93 66 43 *44'A 50 34 Va Nov 29 65 Vb 65% 65 66 % 65% *42% 65% 43 '44% 49 50 preferred 86 v 37% 7,900 50 20 Jan ' 4 4.20% Mar 14 87% Mar —50 a 18 Feb 147 *42% *44% 48% 50 50% Jan 145 65 15 common 2 154 36% No par Co preferred 4.42%, preferred Industria 13'/4 Aug RR 4.70% 4 Co preferred preferred 4.26% 23 44 Va Jan 22 38 y4 Feb 3 Cement 46% July 27 44% Aug 15 45 Va Jan 42% Jan 41 Feb 43% Mar Idaho Power Co 38% Jan 3 47 % Mar 12 3 Lake Sulphur Co Jersey Cent Pwr & Lt 4% Jewel Tea 3% % Co Inc Johnson Jonathan & 15'A 16%. 15% 15 7 pfd__100 82 Va 82'A 82 82 & Corp Johnson. Logan Inc_ 1 53 *82 84% 5 . _ 5 50c Laughlin Steel common_10 preferred series A—__. 100 Jorgensen (Earle M) Co 1 Joy Manufacturing Co 1 5% 53% 54% 100 common—— preferred Johns-Manville Jones __1 68 % *82 a 99 % 14% 14% 44 3 45 a 69 , • " 23 % -■ 16% 81% 54% 57% ' 54V4 *83 *82 84% 67% 67% 98'% 99% 97 66% ' 14 15% 81% '67% . 65% •; 99%' lb'% 81% 54: 54'% 23 66% 99 % • 98 Vi' 101 24 % 66 Va 23 3 v 84% 67 % 6^% 102 101 15% 81% " a x22% 231/4 V 65 % 67% 99% 99% V 14% 45% . 99% 14 45% ,• 71% 103' 16% *82 : 160 84 57V4 60% 83 83 70% 104 Va 72 3 5,700 40 4 107 57,800 5,600 22% 21.800 68%, 24,300 22% 23% 67% 68% 99% 99% 14 Va 14% 14% 14 Va 14% 2.500 43 Va 46% 46% 47 47 % 9.800 'i f," ' 44% 84'% • 21% 67 Va 100 100 . 300 Volume 193 Number 6039 . I. The Commercial . and Financial Chronicle (1243) NEW YORK STOCK EXCHANGE STOCK, Range for Previous STOCKS Year 19G0 Lowest Range Since Jan. 1; Highest Lowest NEW YORK Highest RECORD HIGH LOW AND STOCK Monday EXCHANGE Tuesday Mar. 14 Mar. 15 SALE PRICES Wednesday Mar. 13 Par 23 Sales for Thursday Mar. 16 , the Week Friday Mar. 17 Shares K 32 Sep 86 Oct 42% Jan 101 Sep 105 Mi Oct 45 Mar 74 Jan 29 -54% Jan 5 111% Jan 3 125 8 96 Jan 87 6 Jan 23 104 % Feb 21 4Va'/o 11 47 % Feb 16 :;.4.%l/0 18 Mar 17 4%,% 17 70 93'A Jan 27 95 Mar 9 87 Mar 1 July 28 85 91 Feb 9 54% July 8 50% Jan 39% Aug 24 37% Jan 11 12 16% July 11 12% Jan 16 Jan 47© preferred-^ preferred—, 4.20% 13 4% Kansas Gas 46% Mar 16 Kansas Power & Light Co Mar 10 23% _ non-eum Electric 30 50 Va Jan 11 62 % Mar 17 50% Jan 6 31% Feb 23 Kayser-Roth Corp Kellogg Co 36% Jan 30 % Aug 17 25% Jan 3 Kelsey - 13 , 37% Feb 9 16 6 73% Jan 3 87% Mar 3 Kennecott 55% Jan 8 52 4 69 Mar 6 Kern County Land 30 62% Jan 3 88% Mar 17 28 Va Nov 18 26 Va Jan 4 35 46% Jan 5 32% Jan 4 38% Mar 10 11 89% Dec 20 82 9 93 Feb 10 12 18% Dec 21 20 Feb 2 27% Feb 9 2 ' 2 34 % Oct 31% Jan 6 25% Jan 3 Kerr-McGee Oil Indus 4%% 46% Jan 4 36 Jan 3 7 82% Apr 11 78 Jan 3 14% Feb 17 36% Dec 7 31% Jan 4 54% Mar 17 Korvette 27% Sep 29 Jan 12 28 3 31% Feb 6 Kresge 19% Jun 10 Jan 6 2 26% Jan 19 Kress 16 Kroehler 33 .34% Jan 21% Mar 82% Mar 14 11% Dec 5 20'A Jan 8 11% Jan 3 14 Jan 25% Oct 28 36% Mar 2 30% Jan 25 33 Mar 17 Oct 21 36 5 30% Jan 3 18% Feb 10 25% Jan 27 4% 25 Jan >38% Feb & 23 K V 80 l. 86 *84 86 *84 15 94 Va 95 95 *95 '*:■ 27- . Jun 13% May 14% Dec 25 1% Dec 28 Apr 22 17 14% Jan 3 6 1 3% Mar 11 <• 19% Jun 28% Jan *86% 88 92 *90 *90 14% Feb 16 i-i H) 13 •74 Jan 29 28% Sep 9 70% Jan 22 9% Oct 5 12% Dec 91 Va 78% May 19 4 151 46% Nov- 23 61 Jan> Nov 18 43% Sep 12% Jan 4 57% Jan 77 12 49% Jan 5 44% .45 .. ." Sep 23 61% Jan 4 i. 24% Jan 28 22 % 22% 21% 22% 61 61% 60 Va 62% 31% 32% 33 34 35% 36% 35% 36% 35'A 36 35% 35% 36 36% 7,600 83% 83% 84'A 84% 86'A 85 85% 17,200 63% 62% 64'A 63% 64% 64% 66% 10,400 83% 86% 86 Va 88'A 101,600 34'A 21% < 82'A 83% 83% 62 64% 62% 1 78 80 Va 80% 83% 30% 31% 32 33% 38 38% *38 38% 25 l Feb 30% Jan 26% 26% 26% 26% 26% 26% 26% 3,200 43% 43'A 43% 42% 43% 43'/« 43% 42% 43% 6,900 82% 42% *82 82% 82% 82'A 82'A 82'% 82% 82'/a 82 % 240 26% 51% 52% 50% 51% 4 > 51% 51'A 52% 52% 54% 41,600 30% 30% 30% 3C% 30'A 30% 30'A 30% 30'/a 30% 9,200 21% 21% 21% 21% 21% 21% 21% 22% 36% 37% 36% 37 36% 36% 36% 36% 36% 36% 3,600 29'A 29% 29% 29% 30 6,100 Jan 80 Jan Jan 20 34% May 18 130% Mar ] 9 100% Jan, 3 104 Feb 22 85 Jan 13 90 Feb 14 88 Jan 13 90 Mar Sep 2 39% Jan 1 136% Jan 142 4 Sep 1 52%' July 47% Dec 7 78% Jan . Feb 144 61'A Mar 33 Tire 17% Feb 14% Jan 4 53 15% Oct 18 21 Jan 6 16 Va Jan 8 83 July 12 27'A Jan 114% Dec 28 124 Aug 16 115% Jan 6 29% Oct 7 52% Jan 6 32% Jan 3 44 Feb 30 49 Va Feb 17 43 Jan 5 49. 19% 20% 19% 21% 16 Vb 16% 16'A 16% . 20% 21 Va 21 21% 20% 21% 77,000 16 16'A 16'% 16% 16% 16% '7.700 13% 13% 13% 32 32%; *44 32% 1% 2 conv Valley RR par 27% 5 110 Va —No par 37-% 57% _ Co_ Libby _5 7 ——, 48 1,900 93 Vb 150'A 55% 28s,b —5 2.50 ——1 ; common,— Lighting series B series D 4.35% series E (P) — Co Co 5,600 5% 5,000 28% 21,700 117% 119'A 116'A 38% 38 38% 38 38'A 38 38'A 59,500 56% 56 57% 56% 58% 59 59% 27,700 12% 12% 93 Va 150 Va 12% 91 % 13'A 92% 150 150 116 Va 12% 91'A 150 118 13 13'A 3 0 '/&. 29 Va 29% 2)Vb 30'A 29'A 30% " 53% 54% 53% 54'A 54 55 Vs 5 55 30% 32 2-% 31 Va 29 30% 30 122 113 125 117 , 122% 4'A 123 % 7,700 . 50 59% 'An A. *,.57% 59 54,100 92% 150 Va *150 58 % 8,500 13'A 91% 92%w 150 58 18,700 .54%, 30% 55 ,.t 31% 31% 32 % 65.300 126% 125 '/c 126% 37,600 d.29'A 54,200 , ... 4,800 35% 40 42% 38'A 39% 38% 39% 38% 39% 403,200 25% 2 4 Va 25% 23% 24'A 23% 24% 23 Va 24'A 50,700 25% 25 25% 25 25% 24% 25% 25 , 25% 23,100 10 23 Va 23% 23% 23% 23 Va 23% 23% 24'/a 23% 23% 42,400 34% *101 102 Va 100 ___ 100 100 (Ky)_Nopar 50 Sons Inc 1 Lukens 20% Feb 23 Lykes Bros Steamship Co__lo 31% Feb 23 MacAndrews Co. 3.33% 143% *140 com—10 : & 21% 5 Va 28% 115 92 Va 48'A Nashville (M) 21% 6,700 5% 56% 48 preferred— Steel 146,600 28% 57% *140 preferred Co 9.300 2'A 25 Vb preferred.——100 El I 21% 56'A 124 13% 32% 2 "24% common,—5 & 5 x28'% 13% 32% 114% *150 ..,56%. —100 preferred,— 4.25% 20% 5'A 28 7 2'A 4 Corp preferred, conv 2 56 93% 150 Va —,,50c Inc Cement Lowenstein 5'A 27% 109 12% 25 - 21 20 5'A 28% ' ——I Va 38 Va 5 Electronics Island 7% 20 5'A Va 115% 12% 1%' 27% 5'A 28 _loo com A Co_'—„"J— Lorillard 20 38 55% Products— & 1 20% 5 Vb 1 preferred Star 19% No par _ Corp McNeil 5% Mar 15 Dec 34 13 Va 74% Mar 17 Jan 33% 29% 30 Va Long 9 4 91 Va Jan 34 13% & 20% Jan 47% *33% 30% Louisville 6 29% *43% 34 1% 4.84% 19 30 29% 47% 13% Gas 14% Dec 2,200 33% 33'A 30% Louisville Jan 33'A 1% Industries com pfd series A—No 8 57 29% *43% 29% 47 *43 33% 13% 27 49% Dec ' ♦43 47 30% 3 50% Jan 22 25 1 Lone Star Gas Co 50% Mar 10 3 Jan 51 1 A— 1% 10 Sep 38% Feb series 13 V* 8 42 Va 8 81 Aug 102 14,200 35 300 I'"' 4 common 30-% Link Belt 10 90 21 96 49% Feb ' 1 21 4 8,000 10 7%; 3 41% Jan 18% 1 Lone 30 18'A 26% Lockheed Aircraft Corp—_i_— 1 Loew's Theatres Inc ———_——1 Dec 43 Va 18% Paper Co—5 Stores Corp— Libbey-Owens-Ford Glass 27 87% Nov 13 18 26% 25% Mar 13 142% Feb 18% 18'A 12% Lerner 42% Mar 14 11 18% 18% 27% Feb Jan 9,100 18% 18 'A 33 Industries 135 92% 32 Corp 27 92 ,15 Lehigh 6 140 % Dec 8 111 92'/a 91% 12% Litton 24% Mar 600 20,000 92 90 Va Valley "A $1.50 16 2 37% 21% Libby 22 Va Feb 35 37% 12% Liggett & Myers Tobacco 3 88% 34% 3 8'A 92 92 Va 10 87 35 *38 90 Vs 90 Va 100 G ' 38'A 32% 6 3 A 34 • 38'A 22% 9 10 V 33 12% Lionel Jan ' 8,100 10,000 32 32% Mar 17 15% Jan 59,000 ..... 12% 128 % Mar 10 27 4,400 31% .'.56 22 Va Jan 46 12% 4 4 46 30% 3 5 46'A 12% 13 4 46 31% 87% Jan Aug 46 12% 24 Va Jan 19 45% 30% 44% Jan 30 Va Jan 45% 12% Ling-Temco 32% Jan 3,100 31 Vb 33 17 1,200 59% 12% 6 17 36% 59 Va 32 Lily; Tulip Cup Corp Feb 14 36% 59% 30 Va 59% Mar 16 19% Nov 18% May 11 36% 59'A 5 8 Mar *36'A 59% 10 Mar , 36% 59'A 61 , 7 Jan 3 6'A 59% 5 Lehn & Fink :•> 3,000 - 36% 45% 1 22% Co 13% Mar 4 Jan ; 31% 100 151% Mar 10 77 : 8 .*,94% Jan 92 75 1 & Lehman 10% Jan 88 *90 74'A 61 ——50c Rubber Lehigh 38% Mar 10 81% Jan 146 Aug 31 *86 % 92 74 36'A 59'/a 1 00% Mar 34 V4 Aug 10 96% Dec 20 23 20 6 13 Jan Lee 3 "49% Jan 88 *90 .' 21'A Bryant—; 23 23% Jan 24 "86 Va > 74'A 220 10 preferred 128% Mar Jan 92 73% 30 ; 22'A _ Sutherland 5%| Jan Vf 88 *90 : 74 Va ,.5 Inc & 28% Feb 4% Jan 95 Lehigh Coal & Navigation Co Lehigh Portland Cement— 21% Mar 17 26% Jan 86 95 32 Co..—: Lear Inc . 2% Mar 16 16% Jan *84 96 ' 14 33% Feb ■1 Va Jan 86 ."95 61 ^ Mfg Co 4.32% Lane 21% Mar 13 *f -11% Jan 46% Oct 140 7 27% Jan 15 79 Va Dec 7 Mar .... "84 96 2,000 59% 36% 58 78% *86 Va 92 v 36'A 68% 78% 86 ■ 67% 80 73 % .74% 73% 700 69% "78% 21% Co Laclede.Gas Co '2 8 7% Jan 36- 4 16% Mar 29% Jan 22 24% July 26 41 -17% Jan 6 Mar 17 30 v . 32% Aug 26 3% Oct 20 13% Jan . * 22 16% Sep 25 24% Jan 2 Mar 15 10 Jan 22 30 25% Oct 21 23% Jun 27 29 36 % Dec f, 88 *86 Va L 25% Dec ■ 27% Mar 11 68 31% Co., P *78 Va 67 ' 400 115 59% common i (E J) (S S) (S 68 80 : 115 23 preferred Wire preferred Kroger * 68% *67'A *78%. *84 , • 68 80 115 60 Royal Dutch Airlines Koppers Co Inc common 24 . prior conv Keystone Steel Jan 77 "110 1,400 33 KLM 44% Mar 25 Va Dec 7 118 800 117 32 Kimberly-Clark Corp King-Seeley Thermos Co 16% Jan *110 116% No par _ 65% Dec 16% Dec 120 115% 59'A Co 36% July 18 Jan *110 2-50 Copper— 21 62% Feb 120 20,000 47% • 50c , Co 100% Jan Mar 16 *109 115% 45% 102 '/a *47 1 30 7 - l 25 July 22 120," ,—8.75 1 71% Oct 31% Nov *115 _50 Co 46% Sep Jan 47'% 118 68 45 V« 102% 102% 47 8 Hayes Kendall 46 *100 47% .v *113 No par Co ■*47 47% 45 46% 103' *101 103 V 114 .100 preferred—; & *47 113 *78 Va : 4.35% preferred —100 Kansas City Southern com—_No par 51% Dec 6 25 ^ 47 Vb 45% 46% 46 103 47% 100 23 Feb 46 103 50 pret'ened__-__——___„__ioo 60 „ 45 103 10J preferred—Y;,——100 38% Feb , Oct ~ Corp____33Va Convertible 4.50% 30 36 Chem preferred preferred———— 3.80% 23 78% Jan 23 Apr 10 68 % Jan 31 % Feb 23 28 88% Jan 8 43 Ve Feb 30% Oct Feb Jan 79. Jan 37% Sep 36 8 <86 34% July 12 Jan Mar 9 27 & convertible preferred—loo 4%% (ser! of 1959) conv pfd—100 Kansas City Pr & JLt Co com_No par -2 75 Va Jan 10 79% Jan - 115% Mar 84% Jan 5 90 9 29 117 18 58% Jan • 20 Oct Alum Jan 110 Va Jan 11! 90 Kaiser 44% Jan 29 "95% Oct 82 % Mar 18 46% Mar 14 103% Jan ■'79% Aug 17 25 62% Sep 13 5. 59% Dec 85% Feb 37% Jan 47 May 6 122% Jan 13 12 30 80 % May 23 86% Jan 6 141 47% *101 48 102% 143 *140 47'A *101 102% *85 Va 87% *85% 87% *85% *88 90 *88 90 *88 49% 49% 50'A 50'A 142 140% *60'A 61 60% 53% 54'A *85 Va *88 141 *140 Vs 54 '/a 54 'A *101 90 50 61 60 47 Va 87% 49% 142 *140 Va 47% 141 53% 60% 54% 48% '141 59% 54%. 141 *140 47% 102 % ,• 47 'A *101 87% *85% 90 *88 , 49% 141 7 60'A 54% 47 140 145 47% 20 6,600 102 Va 87% 90 48% 141 *59% 60% 54% 55 'A 51,200 140 1,400 6,500 16% 16% 70 18% 16% 16% 16% 16% 17 14,600 70 69 • 71% 72 73 72 % 74% 13,200 18% 18% .;V 16% 69'A 17 69 18% 18% 18% 19 19% 19% 19'A 3.000 29% *30 xl6 M Mar 26 41% Dec 37% Mar Jan 79 16% May 23 44% Jan 16 4 18 82'A Jan 5 Dec 30 20% Feb .7 22% Jan 7 38'A Jan 4';' 51 "21 3 17 55 Jun 2 Oct 26 50'A Jun 23 - Jan 46 4 45'A Feb 21% Jan 3 .-1 26% Feb 5% Jan 22 4% Jan 18% Jan ■>. 4 12 Va Jan 4 24% Jan 17 6 29 22'A Oct 31 16'A Oct 25 22 29% Jan 3 3 4 73 89% Jan 4 93 Mar 28 Mar 26% Oct 5 Jan 65% Jan Jan 12 18 Oct 1 44 V# Jan 4 52 74 Jan 3 5 75 Va Jan 26 Aug 5 71% Aug 29 68 Jan 19 77 Va Aug 31 75% Jan 23% Jan 3 25'A Dec . 11,800 ;_i 65'% 66 % 65% 67 64 65 64'A 66 66 67% 17,900 1 40'% 41% 41'A 41% 41 42 41% 42% 41% 42% 8,700 19 19% 19'A 19 % 19'A 19% 19'A 19% 19% 19% 3,200 25'A 25% 25% 25 Va 25'A 26 26'% 26'% 25% 26 2,700 1 *4% 1 16 _io — (P R) & Co—— Shirt. —5 ExplorationProducts Midland Corp Co <fc May 20 44 Va Jan 18 36 Va Jan 3 43% Ffb 40% Dec 21 36% Jan 6 62% Mar 17 ' V Dec 21 Maytag 26'A Feb 3 37 Va Jan 5 28 40% Jan 15 30 Jan 4 35 '/a Feb 1- Dec 16 15% Feb 29 12% Jan 3 18% Mar 6 McCrory 12 Dec 70 80 Va Feb 19 29 71'A Jan Mar 92 4 94% Aug 5 Dec 8 Jan 20 85 Dec 27 86% Dec 30 86% Jan 5 119 19 Nov 9 39% Jan 4 28% Jan 3 44 99 27% Nov . 95 29 97'% Jan 23 22 'A 22% 22% 24'A 24 25'A 24 % 25% 48,700 62 61% 62 61% 62 61 63 % 63 63% 24,700 67 67'% 66 'A 67 65 66'A 65 65% 65 65'/a 95 94'A 95 35% 35% 36 35% 37'A 82,100 33% 34 33% 33% 2,600 47 'A 48'A May 22 % Jan 26 Oct 24 45% Jan 11 30% Jan 3 40 65'A Feb 8 109% Dec 30 108 Va Jan 3 124 3 41 5 Mar 39 14'/a Dec 18% Jan -11 27 31% Oct 21% July 25 24% May 11 . 35% Jan 4 51'A Jun 14'A Jan 20 23 31% Nov 18 5% Dec 20 Jan 7 28'A Jan 94% *94 34% 35% 34 35% 34 33% 34 33'A 33% 33'A 33% 47% 48% 48 48 A 78% 78% 5 1945 series No par 1947 series_.No par —No par 31% Aug 4 Jan 7 Nov 28 88 Apr 14 20 Va Nov 21 29 V» Mar 16 85 25% Mar 10 77% Jan 8 30 Va May 25 Jan 73 70 . Jan 58'A Mar 26 9 30 Va Dec 84% Sep 37 Dec 30% Jan McKesson 7% Feb 8 McLean 3 , Jan 6 19'A Mar 17 3 44% Mar Jan 9 • 19 30% Jan page - 90% Feb 34% Ftb 3 17 Mar 17 30 Medusa 23 Jan 6 83% Mar 37'A Jan 9 77% Jan 20 - 76 28. " , eb 6 ,27% Mar 3 4% • - series—100 *77 % 79 *77'/a 79 ♦77 Va 78% *77'% 79 *77% 79 35 % 36% x35 1959 v 36 36% 38% 38 '/b 42% 42% 43% 42% 43 57 58% 60% 61'A 62% 8,000 50% 51'A 51% 51% 52 4,700 34% 34% 34% 800 41,300 No par 42% 42% 42% 54% 55 54 54% 51 No par 47% 47% 47'A 4 8'A 48 Va 34 34 34 34 17% 18 xl7 :_50c 100 100 preferred— preference B Ray) & Co Inc Corp——_2.50 Co Inc 23% 37 118 39 39 x23% 24%. 37 38'A *87% .95 'A 17% 88'/a 95 Va *34 17'% 17% 17'A 17% 86 87 86 86 94% 94% 94% 9 4'/a 220 550 115% 115 115'/a 670 40 39 % 41 41 42% 42 4 2'A 16,300 24% 24 24% 24% 26% 26% 28 115 % 38 *117 36 117% 37% 120 114 36 120 36% 120 36 120 36% 120 126.700 33,500 2,500 119'A 39% 39% 39% 40'/b 40% 40 40'A 40'/b 40% 15% 16% 16 16% 16 16'% 16 16% 16 16% 28 'A 28% 28% 29'/a 29% 30 29% 30% 30 30% 7,800 31 31 30% 30% 31 Va 32 *31 'A 31% 31% 32 Va 2.100 38 38% 37% 38% 37 37'% 36% 37% 37'A 38% 9.900 —9 6% x6% A____l No par 1 Co __No par Cement 1 119 6% 6% 6% 6% 18'/b 18 '/B 18'/a *18 Va 18% 18% 18'A 18'A 19'A 3.200 43% 43 43% 41 Va 42% 40'% 41% 39% 40% 16,200 *90 91 % 89 X28'/a 29 28% 29Vb 29 29 28% 30 3,100" 32% 31% 32'A 32 32% 32% 3 3'A 4,200 81% 82% *82 6% *90 27% 32 »A 91% 28 32% 1 32% *81% 83 81% 81% *34'% 3*4% 34% 34% 87'% 88 Va 88 No par *76 78- *76 Co__„__1 ICO 103% 105 : 25c 4,700 18 % .100 common.—16%c 4,300 43 Ve _3% Inc preferred issued-^.--. •' 40% 88 96 17 Vb 34 % 119% Inc Linotype x96 xll5 *34 5,400 No par Co— Co 97 119 17% Va 118% Corp common—— Stores " 40 _1 Robbins Portland 96'A ___3 x87 88 88 117 —_1 Co Publishing '& 100 _1 20,600 34% 42% common 39% 36% 42 % 3 G) Mergenihaler When 78 70% Trucking & *77 47% *69% preferred series B-— $3.50 . 310 78 *77 70% Aircraft <5z Mercantile Merck 14 109'A Mar 4 — - Mar 17 90< 81 Mar 17 77% Jan • * 78% 78 78% *69% (J Melville Shoe ; - 6 7 :• (A 14,600 *77 *77 70 Va McQuay Norris Mfg Co_. —10 Mead Corp common..^. _5 4'A'A preferred (1st series)—_100 7.. 'A Feb 80 - McKee 48 Vb 78% 78 ♦69% McGregor-Doniger Inc class McLrtyre Porcupine Mines 13 50 79 70 Va issued— 9 • When 7 3.000 *77-'/a *69% i McGraw-Hill 16% Mar 10 _ McDonnell 1 96 70 McGraw-Edison - 23 88 23 For footnotes, see * 34'% Feb 23% Jan. Aug 31 84 85 »A Dec Mar '. 42% Feb 5% Jan 2 96% Jun 8 8 % 6 30 78% *94 *69% convertible preferred McDermott • !' . *77 . conv 5 Jan 16-; 7 29 Mar Jan 35% Jan 3-J.. 7 51% 48% *77 95 78 convertible 37'A Mar 10 26 15 48 24 4 15% Dec 16 Feb 27 5%% Mar 17 28 18 28 $6 3 *9 4 Va 94% *77 Corp 3 %% 9 13,100 100 Corp 6 Mar Mar. . 22,100 26% x26% 27% 61 McCord Corp McCall 27 No par 28'/a Sep 41% 17% 26% 22% common Co__ 55'A Feb 1,300 17 Va 26'A 1 MCA Inc 15 5 17% 26% Inc_____—_—___1 W) (J 5 16 26'% No par $3.40 preferred 3%'A preferred Mays 5'% 16'/a 26% No par Dept Stores 5% 15% 26 Va 4 preferred $3.75 preefrred - 5 5 16 _No par —_ com Co $3.75 preferred 39% Mar 17 4% *4% xl5% 5 16% 5 Masonite Corp . 7 22 'A Mar 13,600 49% 4'A% July 29 31 460 3,900 22'A Martin 7 85% 48% 24 Mar 48% 85 Va 22 Va 9 78 48 85% 49'A Marshall Field 24 69% Mar 18 6 78% Feb 47% 85% 22% 78% Mar 14 Feb 47 85 47% —100 A Marquardt Corp— Marquette Cement Mfg Co 1 46% 85 22 Marine 34% Mar 10 Aug 31 79 4 72 3 46% Manning Maxwell <fc Moore—12.50 " 3 29 Va Jan 47 85 48% 2 37% Mar 6 -78 19 72 95% Mar 7 53 Va Aug 31 72 Va Jan 26 38% Jan 19 40'A Oct 91'A Jan 46 22% Manhattan 3 29% Feb 100 49% 48 Vb 49'% 47 22 Mallory ., 63% Mar 17 3 50 47 28 19'A Jan 51 % Jan 54% Jan *48 47% 26% Feb 6 12 50 22% Automotive 21 *49 47'/b Oil Dec 49 900 22'/a Mrremont 54% Dec 16,600 47 Va Maracaibo 59 43'A 22% 2 40'A Jan 200 42 '/b 85% 16 17 118'A 42% 22 27 44% Feb 118'A 41% 85 VB *48 1 Feb 40% May 23 30'A 118'A 42'A 29% *118 49 1 — 5% Jan 29 ■ 30'A 118'A 41% 118% 41% 46% series Copper' 17% Feb 5 30'A 118'A 42 30 30 *118 41% *48 common— Magnavox Co , ]£■ 27 26 4% Jun preferred 30% 118'A 41% —50 (w w)_. Inc Co 30 VB 118'A __5 85 Magma 3 18 H) 10 _100 common _ Inc Madison Fund Inc_, 9 19% Feb Forbes preferred (R 4'A% — 67% Mar 17 > 3 3 27 % Jan 12% Dec Vv 2 16V# Jan 19% July > AMacy . 30 36% Jan 17 8 Mar Trucks 5 'A 'A 85% Mar 17 & preferred- Mack 1 48 34'A May 10 19% Sep 51% Mar 6'i 16 85 Va Aug 31% Feb 15% Nov 118'AMarl3 7 59 Va Jan 33 12 25% 26 26% 88% 78 106% 27 *34 87 Va. 6% 90 34'% 89% 6% *89 34'% 88% 6% 90% 83% 82 82 34 Va 34% 89% 88 90 76'% 7 6'/a 107 105 Va 106% 26% 27 26% 26% 76'A 90 Va 34% 105 Va 76'A *89 76 103 % 26 76 6.900 50 90 1,000 20,500 300 106% 6,200 26% 16.900 24 (1244) The Commercial and Financial Chronicle . . . Monday, .March 20, 1961 . .V .. . NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1960 Lowest Range Since Jan. 1 18 % Feb 8% Dec 23 42 V* Dec 28 24% Jun t*J«» 45% Jan 3 20 13 4 3 41% Jan 3 59% Mar 13 14 •1 5 85 Nov 93 y2 Sep , Jan 89% Jan 8 10 Mar 3 96 y2 Feb 20 Mesta Machine No par 82 Oct 10 81 Jan 23 83 y2 Feb 10 3.85% 82 Nov 14 80 Jan 24 82 17 3.80% Jan 4 85 86 41 Dec 3 98 4 35% Feb Jan 22 Feb 17 43 3 49% Jan 5 58 a 40 South Midland 24 28 Apr 19 31Vz Feb 24 Jun 33% Jan Jan 4 70% Jan 17 88 17 170% Mar 10 84'A Mar 17 % Jan 3 41 % Feb 7 Mission 24 Jan 6 30 % Mar 17 Mission Development 34% Jan 3 35 Mar 10 ; 29 Aug 16 Jan 6 34 Feb 6 35% Jan 4 41 y3 Feb 28 3 % Dec 20 A 6% Jan 6 3% Jan 7 48 Vz Jan 6 39% Feb 40% Feb 3 33% Dec 8 15 15 39 Jan Feb 17 22 Va Sep 1 7% Oct 26 15'A Jan Nov 70 Oct 26 A 26 Vz Mar 24% Feb 28 Missouri 12% Feb 27 Mohasco Industries 4 72 11 71 Jan 4 76y2 Feb 8 19% Jan 13% Jan 3 16% Feb 9 11 9% Mar 10 10 % Jan 19 Monon 7% Jan 19 23 33% Jan 3 3 35% Feb 6 Feb 24 57 y8 Sep 35% Jan 4 397/s Jan 30 29 28 9 4 29 24% Mar 17 17% Oct 25 21 21 17% Jan 5 27 47 y* Dec 30 53% Mar 24% Nov 4 Sep 1 29 Vs Sep 44 35% Feb 23 Mar 17 Feb 30% Mar 13 ♦70 4,100 11% 32,900 '70 1,200 71 10 76% 76 % 15% „ 15% 15% 10. 10 7 ,23 % 11% 71 15 y8 1Q ♦6% 39% 23% 76% ♦76 .; 15% ♦9 \ 39% 23% 11% % 11%. *9%. 10. 3,200 10% 1,000 7.-7 '. 47%„ 48 %;;:•' -'37% 47% 47% 47% 48% 47 , 36%.-37% 48% 36% 37'A 37 37% 36% ,37% 7,100 3,500 : 7 ♦6% 7 *6% ., 48 7 a 37% 35% 35% 35% 35% 31% 32 y4 31% 32 3iy2 .32% 32 14 % 14% •-14% 31% 14% 32 14 14% 14% 14% 14 (John) Lines— 10 ♦35'A 36 "35 y4 Mountain Fuel Supply Co S L Industries Inc— 33% 33 33% 33 34 'A 33% 20% 20 20% 20 21'A 21%/ 22 y8 83% 85 y4 83 % 86 y2 84 % 85% 86% 16% 17 16% 17 16% 17 y4 10 33% 33% 33% 24% 27% 24% Co—„. 3 3 Vh 24 7 23% X23y8 23% 23% 23% 23% 5 24 VH 24% 24% 24% 24 24 Vh 1 47% 47% 47% 48 47% 48 lo 28% 30% 29% 30% 29% 30 X Murray Corp of America— — 29,000 24,200 18% 25'A 23% , 17,500 21% ,88 19. ' 33 33 % 27% .33 a 34 33% 33% 17% 33% 23% 33% -25 „_i (G C) 10.800 21% 90'A _No par - M Inc 32 y« _5 —— 200 50,100 '•14% 88'A 34 2,300 36% 33,3a y4 20 / —1 4 Corp__; Brass y4. 1 Inc_ — Wheel Mueller _12 z Co——_ & Industries Motor -a 100 41.900 • 33 V: Murphy Co 48% Mar 10 10 • 23 ?6%: Munsingwear 18 ♦9 7% 15% 7,900 39% 39 76 % ♦76 15% 27,600 36% 2 Jan 76% 8,400 5% .41% 5, 40% 33 8 26% Jan 12 No par — 10 37 -71 15% . , 37%. ,.38% 5% 40% 34 Motec 3 39% ,38% 5 40% 36% Motorola Inc 29% Jan 38 5% 41 36 20% Mar 17 16 % Jan 21% Jan 38% 4% 40% 33'A 22 y8 Mar 16 5 38 4% 41 27,900 . 36 3 22 ,30% *36 >A 27 19% Dec 29% j. Stamped American shs 1,000 lire Montgomery Ward & Co____No par % Jan 28% Jan 30: 34 75% Jan 7 29 y4 36 Morrell 28 29% 33 y2 16 Sep 12% Nov 19 29 V* 13,700.. 37% 37% Feb 90% Mar 13 10,400 34 6 3 40% 34 32% Feb 11% Jan 39% 37% 47% Jan 19 40 y2 34 Moore-McCormick 4 39% 37% 15 May 31 39% 33% 34% Mar 23% Jan 5,800 39% 56.500 . 37% 17'A Feb 98 40% ,84% _l,000 lire 9 24% Jan 32% 40% Mining & Chemical— 3 26 ♦9 *7 Co„z—5 American Shares Jan 27 31% 40% 70% Power Cos 11% Jan 24 82 32% 40 70% Utilities 28 Sep 83 32 11% 47% 18,400 i 81 % 39 y2 „_25 162% 81% 23 >/2 —2 23,100 . 40 11% Co— 800 21 %i 32 Vh 39% 15 Vh 330 . 80 % 23 Vh -- 2,800 , . 48% 39 y2 .23 -—100 52%;. 97 : 500 31% .11% No par 14% Jan Oct 158% 11% A 2 60% Oct 159 ... 38% ♦69% 35 % Feb 1 156 y2 51% 24,200 . 29% ♦75 53% Jan A 20% 39% 71 37% Oct 23 21 23 76% Montecatini 37 % Feb 20'A 12 Vh ; Montana *48% 39 y2 15 Montana-Dakota *96 23 Vd ♦75 class -96% 163 70 32y8 43% 20% 20% .98 % 31% 51 y2 60 ... *41%. '.48% 11% i_, 32 y4 -43% 51 2 3 VH Tool— Chemical 31% 82 83% 48%.. _l ♦69%; Monsanto Jan ' 39 y2 ♦96 y2 96 common—5 , ♦82 98 130 96 % i 39% » 40%: No par Class B 50% Feb Mar 10 Co—6.25 82 83 Vz 4% 41 ♦95 61,300 31% 37% 4% 40% —1Q0 RR 2 39 38 Vz 4% - .82% 51 155 .39%." . preferred—— 20 31 24 3 8'A ■ 80%- Machine 6% Feb 30 lo Co Inc preferred-— 4.20% Monarch 44% Jan 4 31% Aug 16 10% Sep 29 Public Service 3 25 25'% Oct 29% Cement Jan 33 Vz Dec 25 28'A 5 Portland 21,/2 Jan 30% Oct 39 % Missouri Jan 55% Jan 8 40 24 8 11% Aug 22 9 29 38 % A—5 62 13'/a Jan 13 6% Dec 35 Vh Sep 31%. 39'/2 __i 1 82% 96 y2 ♦41% 1,600. .59% 97 48% 164% 81 % Corp— 11 6 162 . 43,400 - 57 83% 83% . Shares ai% 48% ♦96 21'A 20% 170 39 'A Pacific RR class A__No par %% 21% 165 32 % • 87% Mar 23 12 11% Oct x20% ♦95 ♦82 Vh"" 44 51 51% *• 49 y4 . ' . 83% ♦43 • 96 v.. 49% • < 80 % Missouri 3 x51 'A X96 49 38% 23 Jan 53 VB 97 43 31'A 42 % Feb 5 52% 96% No par Co Mississippi River Fuel Missouri-Kan-Tex RR 32% . No par Light 42 y4 Jan 4 19% Jan Power <fc 80% Mar 11 1 60 34% Jan 23 5% Mar 15 Minnesota 31% 41% 41 Paper—2.50 Corp 24 »/2 Dec 7 31 35 95 48 % - Chem Philipp Corp ;-_i Minneapolis-Honeywell Reg—.„—1.50 4 'i 95 41 „ Minn Mining & Mfg_ Minnesota & Ontario *82 97 32'A, 33% ._ 38% Aug 31 37% Jan 4 July 12 16'A July 11 31% 83 % A 96V'2 - the Week 57% 83% . 98 31% .5914 ♦82 97% Minerals & Oct 17 83% 97 ♦95 10 49 % Mar 14 60 26% Sep ♦82 ♦82 zl00 23 % Feb 140 82% 83%: -:_100 Inc 3 1 58% ♦82 4 178% Jun 58 ♦95 10 15 " *82% 96% 19% Jan Mar 10 11 57 83 Vz 39% Jan 97 T 84 11% 57% 84 56 59% • ♦82% 10% 57 " ♦82 93% Jan 9 56% ♦95 8 Feb 11 56% 83% 15 : x57'A % 10 »A 96 % 26 y« May 16 8 25 Utilities , Mar. 17 ♦82 40 »/2 Nov 123% Feb 9V2 Dec Mar 14 preferred series__ preferred series 4.45% Middle 59% 83 %83 10% 57'A 10% Friday Mar. 16,„ *95 95% Dec 21 17 1 j •'57% Sales for Thursday 100 2 May 15% Oct 29% Jun Mar 16 10% 58 58 % Enterprises Inc__ 1 Midland-Ross Corp common z5 5j/2% 1st preferred; 100 Midwest Oil Corp A __^____10 Jan 30 30 Jan 30% Jan PRICES '1 100 preferred series 5 88 27 90 59% Feb 48% July 25 , 11 20 58 22 Aug 33 *A Dec 10 y8 pfd—100 19 Mar. 15 SALE Wednesday Mar. 14 X57 5 Inc 15 Jan 12.50 Tuesday Mar. 13 Par Metropolitan Edison 3.90% 4.35% preferred series 75 y2 Feb HIGH Monday / _ Co——. Metro-Goldwyn-Mayer 75 »A Jan 25 Vt Mar 16 LOW AND STOCK Merritt-Chapman & Scott 59% Mar 10 16 84 . YORK EXCHANGE 70 y2 Jan 5 83 Vz Jan 16 NEW Highest 12% Jan 45 y* Dec 16 74 '/a Jan Lowest Highest „ 27 29 20%. 57,300 3,900 62,000 ' 24% 23% 24% 23% 48'A 48% 48% .48% 3,300 29'A y4 24'A 29% 29 VH 29% 25,500 38% 38 24% ,. 3.500 24% 4,100 N 12% Feb 66% Jun 12 16 Mar 30 40 Oct 13 Dec 25 V2 Apr Jun 17 13 Jan 12 4 47 Jan 4 17V2 Jan 1 25 10 17 54% Jan 1 27% Peb 4 10 Jan 41% Mar 1 32% Aug 22 26% Jan 30 70% Jan 6 12 157% Aug 12 143 Vz Jan 8 3 Co National Aviation 7 154 Vz Feb National Biscuit 16 1% 8% Jan 3 13 V* Mar 17 National Can 4 833A Mar National Cash 28 31 9 20% Jan 10 28 National City 20 66 Vd Dec 5 59% Jan 4 70% Mar 15 National Dairy 6 35 Vz Jan 11 25 y4 Jan 9 30 % Feb 27 Natl Distillers & Chem 81% Dec 13 Jan 11 83% Jan 4 92 Vz Feb 27 88l/2 Dec Sep 3 29% Mar 17 National Fuel 5 62 % Feb National 144% Jan Oct 4 9 98 5 Aug 120% Jan 19 132% Sep 19 24 Vd Dec 6 Mar 13 Jan 6 96 64% Jan 4 95% Feb 150 7 17% Oct 24 Vz Dec 92 9 125 Jan Jan 3 154 4 3 Feb Feb 129 1% 23% Jan 3 26 % Mar 17 National Jan 6 25 Vd Jan 3 313A Mar Natl 12 40 Jan 14 28% Jan 17 Sep 28 98'A Jan 4 80 Jan 16'/2 Oct 31 28 Vh Jan 8 19 y. Jan 25 Vz Oct 68 14% Oct 4 20% Jan 28 15 y. Jan 32 National-Standard Co Steel National Sugar Ref 20 Vd Mar 15 6 5% Jan 9 5% Jan 3 14 27V2 Mar 15 Nautec 9% Jan 24 11 Vu Jan 16 Neisner 29 Vz Jan 6 8 Nov 1 34% May 24 22% Jan 26 36'A Oct 24 36% Jan 3 Jan 21 19% Jan 4 40% July 11 79% Aug 19 2 22% Aug 75 Vz Jan 8 85 6 79% 210 12% 13% 215.400 82 80% '81% 24% 24 ' 81% 81 18.500- 24 24 70% 69 69% 68% 69% 18.600 28% 28% 28% 28% 28% 43,200 87 87 88 90% 89% 91 29% 29% 29% 29% 59% 60'A 60% 60 3 100 88 88% 88 88 10 28% 28 % 28% 28% 29 29% 1 , 59% 60% 59% 60% 59% 59% - 24% 74,500 3,000 13,600 4 6,300 92 % 29,600 No par 96 96 5 87 89% 100 152 *128 129 *128 129 1 25 25 25 25 25% 25% 25% 30% 30 y2 3oy8 30 Vz 30 30 % 30 30% 30% 30% 30 30 30 29% 29% 30 29% 29% 600 86% 86% 85 % 86 % 84% 85 Vd 85% 86% 87% 87 % 21 7,500 21% 21'A 21% 21% 21 % 21% "21 Vd 20% 21% 2.600 19% 20 % Corp Cast_No par 10 10 No par *96% 7% 24 3'8 9'A 8% 24% 9 5 2 4'A 24 »/2 10'A 10% 24 y4 24% 42% 8% -26% 25% 10% 42 10% 3 3 24% Feb 8 New 83 Feb 9 New 78 >A Electric System— 1 Jersey Pr & Lt Co 4% pfd_100 Newmont Mining Corp_— _10 78'A 22% England 22 7 *81%. 25 78% 78% 22% « 83 -> 63% Jan 3 72% Feb 28 47'A Aug 22 43% Jan 3 58% Feb 9 52 >A 50% 32 Vz Jan 7 25 Jan 3 30 Feb 6 Newport News Ship & Dry Dock__l York Air Brake—! 5 51% 23% May 11 New 28 % 29 VH. 29 Vh 14% Dec 6 31% Jan 6 15% Jan 3 20 Vb Mar 6 New —1 18% 19% 18% 29 Vd Mar 8 39% Jun 13 37% Jan 3 44'A Mar 3 N 15 43% 44 VH 43% ,43% Central Railroadi_ Chicago & St Louis Co— 69 V* 70% 69% 2.700 33,700 7% 8% 25% 25% 10% 53,800 8% 25 10%' 24% 25% 42 42'A 42% *78 70 52 28% 18% 19 18% 43% 43% 43% 39,500 45,800 • 1 10% 25% 6,400 42 42% 2.200 *78 1.700 79%) 23 83 69'A 52 % 8,100 "■9% Vh ''25% 10% 23% 29% 25 % 24% 1 79% 23 *81 Vz 28% ,19 7 8% 50 % A 29% 30 6.400 • 20 19% 25% 83 68% 70 ;51% ' 20% "7% 420 ' 26 % 25% 23 % *8i % 33 Vb May 11 128 x26 25 79% 22% A. 83 128 26 10% *78 .22% *81 Vz 129 25% • 41% v 151% 27% 24% 42% .. 30 151 6% 8% 97 90% 19 Vz 7 9% ■ .. 151% *29% 24% 24% 41% 151% ' 90% *128 24JA ,. *95 % 89% 129 6% 7 24% *10% __5 . Inc ' 19% 6% 24 y2 1 — 151% 19% 6% 23% 1 • 151% *128 97 *95%; 90 Vz *29% 1 z 97 88% 151% 151% 19% *95 Vz 89% —1 Co_. 97 88 152 19% .—4 Television-: Fibre 9 Y 5.900 12% 12% 154% 28 _ & Corp York 11% 824 *153% 68% 13 Mar 25% 81% 4.900 81% 154%: 154% 23% Jan 80 80% 28% 82 28% 21% Jan 79% Jan Aug 30 79% Jan 6 Mar 10% 27% 81% 154 % 28% 68% Newberry Co (J J) common No par 33A% preferred_i_z. _z—___100 74 *153 3,000 "51,600 28% 82 82 15% 24% Co Bros 28% "• •>y 15% 67% Neptune Meter Co 46 14% Mar Natonas A;, 28% 82 3.500 15% 24 — 19% Feb 1 28 28 % ' 28 Co 4 29 9% Feb 15% ' - 67% „ Vulcanized 27 Vz Jun Nov Dec May Theatres National 29 18 55 Tea National 15 10 71 National | 7 Vs Jan 4% July 22 16V2 • 28% Co 9 7% Mar - 15% - 27% Corp 25% Mar 17 3 21% Jan 81% 16% 80% - 15% 54 27% A 14% 54 12% , 15'/4 56 • 66% Steel & National 4 130.600 14% 53% ' 1 24% Service Linen Malleable 20 10 81% l 28 Jan 10% 40% 15% 53 1 A— 90 % Feb 13 9% common 22 Vz Jan 29% Jun 9% 37 15% 51% 100 Co 5 31 24 Lead 17 28 9% common 31 4% Oct 154% 38 Vd 35% 15% 52 5 Co Jan 18% Oct 154 % . preferred B 21 43 3 Gas preferred 6% 27 15414 36% 52 Corp com—5 $4.50 preferred—— National 9 153'A 1951 Gypsum Co 160 19 of series 55 y4 Jan 109j/2 Jan 20 78 pfd 23% Jan 10 81V* InC— 4 59 27 3A 80'A 5 Products 11 24 Vd Jan 19 4Vd% Lines Jan 21% May 27 27% 10 Register 24'A Dec 49 Vs Oct —_5 _ common 44% Jan 104 14% _10 Corp Co 20 Vd Nov 26% Feb 13% Corp— 1 May _1 preferred.: 61 % Jan 8 xl5'A 51% ; ——. 12 83% Mar 35'A •15% 100 Airlines 31 »/2 Jan 37'A 15% 51 l 1 70% Jun 26 Jan National Corp 3 11 Vs Mar July 18 49% Oct 149 Acme 16 % Mar 14 36 % l 1 Natco National 1 5 Corp 59 % Mar 27 77% Nov NAFI 16y2 Mar 14 3 49% Mar 21 8 23% *81% 20 25.200 83 70% 70 Vd 70% 6.200 '53 Vd 52 Va 53% 13,100 29% 29% >29% 18,300 19%. 19% 44y8 " 43% 19 3 37,600 4 44%" 27,500 / N 2 y2 Oct 25 6% Jan 4V» Oct 25 12'A Jan 12 y2 Dec 7 37% Jan 6 Y New Haven 2% Mar 11 9 4% Jan 24 Common 5 Mar 9 8% Jan 23 Preferred Jan 3 18% Jan 30 13 & Hartford Co— 5 Vc\ series A— 23% May 29 y2 Sep 65% Jan 69% Mar 14 14 28% Jan 3 80% Aug 19 39'A Aug 17 5 75% Jan 23 81% Feb 27 38% Jan 3 44% Feb 15 71 30 Mar 28 73 74% Jan 4 76 Aug 17 .80% May 4 Jan 15 88% Aug 18 80 7 99 y2 Feb 108 2 92 y4 Jan 20 18 y4 May 26% Sep 19 11% Mar 29% May 36 Jan 62% Dec 28 26% Feb 17 99% Jan 6 j 3.60% preferred_z—i. 3.90% preferred—z——_z—z;—_100 1 4.10% Jan 108 Mar 6 5.25% preferred— preferred..—z_—— 4.85% preferred^:——z— 11 12 9 4 4 112 101% Jan 13 110 Jan 3 117 Jan 3 24 12% Feb 2 13% Jan 18 j Dec 20 Jan 1 28 26 Feb 24 Mar 14 20 Jan 12 10 \ Jan 26 45% Jan Jan 11 30 53% Mar Jan Feb 20 17 Natural Northern 68 13 ' 106 % Mar 9 Gas Co-*_ preferred—z—100 8 108% Jan 5 113% Mar 13 5.80% preferred— 20 106% Jan 3 110 5.60% 7 3 10 72 Jan 12 76% Mar 13 $3.60 preferred 83% Jan 11 86% Feb 21 $4.10 29 86 Sep 11 87 5 48% Mar 17 32 % Mar 3 Northern Pacific Ry—^—^.—z States Common Pwr Co —„„r preferred series 9 83% Feb 13 84% Mar 10 $4.08 preferred series 83% Feb 14 86 $4.11 preferred series.. 13% Jan 9 24% Mar 31 47 Dec 8 41% Jan 26 13% Oct 31% Jan 4 15% Jan 3 17% Sep 37 y4 Sep 4 31% Jan , 4 27 22 % Dec 20 Jun 27 v 13 59 For footnotes, see page 28. 73 80 'A, • ; *106 3% .'i:.3sB - 8,000 6 , 5% 6,800. 63a 15% -33% ■"'( 81% 3.900 :42% > 6.000 26,900 15 15% ; 37 y2 113% 115Va *23% .22% 23% -13% 23 * . .115 • ;■!/.. 38 - -v»- 101 --" T838 48%,: 18% ' "V 48% 4978 • 55% 56% 18% 49% -••-•• « 73% (.:,• *99% ■101 114 Vz. .,,*13% 1,800 4,600 114 *23 Vz 13% 7,200 24r • ; * j A.A 600 ; 13 3 8 18ya A. 18% ..•• 6,700 49% -h.51%. 18% 18 Vs- 610-: 42% 11'3% ,• 240 23 40 • , 330 . 23". a,... \ '•23% v 320 A 106% 1 39% 1,100,, A 86 106 Vz ,A .v 20 130.; 80 Vd A 83 *84% 23- 23% 'i 69 3 4 74% ♦ 68 V2 <•:: • 102 *13% « . 42 y8 :• 106% 113 A- 13% - • %. 38% 23% *81 '■ • 22% » 114% *13% 18% 18%...*T8.*A - v 22% 37% 85 •106 23% • 1338 • v-: 113% ... 24 %„ 13 'A A . : 5 8 81% *84% , % 42 3 -74% ■ • 80% r ■■ 100 —*22% . 37%. -37% .J" • *'68% •69% ".•.•• 106 100 ' 22% . v - - 81 41% 74% 81' 8512 106 .:;:. !•> 33. "33% -*81 ■ 73% 81 ♦84% • -99%, 102 22% *13'A -: 107 69%' 73% •:>: • 33 • 81 % :A ■•41'% % ' ,♦68% v? ;" 80 'A •84 100% 37 , 84 .33 7 8 33% 41% 22% Jan .21% Jan - -41 % Jan 8 4 9 Mar 87 % Feb • 3 5 - 7 _z'_'_5- 66% Northwest 9 23:; Mar 17v — 66 V4 34'A 67% ■ . 67,>A 33% 107, *111 112% *108 .• -• - ■ 110 44% 67 Vd 30% 76% 112 110 •:> % 75% 46% 30% 31 • * 63,300.. •••112 111 . •■;••<>: ',. *" - 76% - *85% •;*86 *83% ;, 85 —.—100" '• _Ua-100 •, ' :• 76%;AV •'..♦75% Mar 17 5%% 'conv A. ,,i A *108 ; : 47 Vz 130., 20,400 A 33.7 a 110.- 105 , 300. ,110 27,100 •48% *:*. *83%2 ,85 A .'-♦85% j ,87 - , 31% :31%- 76)4 •••A. 76 ..76 ; •; 5- 85 % 83% |,6 •• P 85 %; •"85% *82% .* ,V *85% 31% 76 y4; ,85% *85%'X-86, 1- "''*85%H-87 f *85%- :87 . 49% 4938: Airlines ,. *110% 111% a: ;. 45% ;A 47% 30% •4,000 ,..56% 33% 105 ... UO'/ ♦108 55 -.*66% '•.6734 34% A iv .105 v2. ■ - - ♦66 V4 •-■67% ♦104% ,: " • . •<%- 45% 31 ;* 49.% 57,% 33% *108" 45 % 31 " , 56% 105% ♦111 , A .49 34 ♦104% 44%^ 45%. • 67% A; 33 % w ■ 30% .-vv '1* •vz 34 ♦104% 110 *109% ' 55 .'■54%: H31/2 113 v • .. ■ • 106%-106% > Northrop Corp 57 54 '33s/n / % z_iz—100 $4.16 preferred series——L——100 52% Mar 16 28 53-% *83%' 85 87 - -T" 85 ' v. *85 Vz' ■'.«7. V- ... A*85% ' 23% Feb 27% Feb .*,51.%.^ .48% y- • Aug 26 31 3% 3% b (Minn)— series_jl-.L,!r— _l0O 86% Aug 24 Nov >. , 100. Northern Jan 74% 114% t', preferred-!—100 Mar 27% Jan 22 lo 5 % % Sep Apr • . ; ?693,i 74 % 80 22% , . 1.- Sep 79% Jan ♦68 100% ; Car Central Northern 36 Vs Feb 3 103% Jan 41% Jan 81 42% -69 * ' Corp__,-_*_____5 Ry Co .A: —_I_50 4 80 33 *81 41% A, , 74% Gorp.u:—L«,_50c- American 29% Aug 26 76% 8ep 7 87% Sep 14 8 . 41 _100 American. Aviation—: North 48 Jan > 33% A 33% 81 .81 Aa; - 81 % 80 . ... —5 - North 25 ,78 33% -100 3 25 5 15% 83% 85%W- ' \ 106% 107% Adjustment preferred-—-,zj:-_i__25 6% preferred..—^——z———_10 35% Oct Jan 5% 15% 41 , 68% ' A v. V !„JlO0 — Niagara Share Corp_—— 22% Jan 67% 100 z 57% Mar 16 17 64 , 6 Jan : » Nopco Chemical Cor__zz —il Norfolk & Western Ry commOn__25 Norris-Thermador 534 14% 3Vh ' 45 . Mar 29 : Feb 42% Mar 17 98, 107% Aug 24 103 y» Jan 23 23 12 48% Dec 22 68 103 % Mar .5% 14% *91 100 6 30% Jan 3 VH 5% 14'A 33% ,* com_No par :: Mar 17 19% Jan 32 % Sep 3.40 preferred Feb 98% Jan 49 6 25 Pwr Corp 103 13% July 12 22% July 20 2 Mhk 83 6 Dec par $3.75 preferred———_A—L——100 Niagara 3% 5% 14% v zlz—zii--Lz_No Common ■>' Corp— 86 7 23 Gas Jan 15 106'A Jan 4 17 y4 Dec 75% Mar Electric 82 Jan 22 Jan 8 State 76% Jan .41% Jan 25 20% Jan Jan 71% Jan 9 Aug 102% Sep 5 29 90 y8 Oct , 69 34% Mar„ Shipbuilding Corp__——l N 4 72% Jan 33% Mar 15 York 3% 5% 14% 100 New Y , 3 5% No par _z— InC—j_„—z__10 .'••>*• 19% preferred2i_^z—1.125 Northwestern Steel <fc Wire Co.n_'5 Norwich PhajmateA Co--—62 %c , 25%^ 25% - - A .24% 52 ' s 24% 5 52% 49%-«.49.% 19V4z '.•* - 24%;,. 24% c !. ; 53% -55 , » A 20 26 -25 . . •52% ' ;:-/A . .25 " 54% ," a,i-:. . A' ,2 <y->. -'••■ - . ,1,480, , ; :87 ,A 87 87V*85% '"52% .Vs; j5'1.%,':;i5.2.% 20;%,' ,21% ;20%' v 20% 25% > 26 A '25%. 25125 Vs•2,6,A 26;3/Bv',28. .,.;•;•• 53%'' '54% 54<%-'J|7V' *85%.' 't ' . 53% -P 5238- 49% 19% 25% A 19,% "a25%i :25,% 87 A *85% :.":*85% v>;87.. A.' ■, 193,4 :; 8.800 ■•i: 200;. 30,300. 1L800.; .,2,100 4,030 10.800 " Volume 193 Number 6039 . . The Commercial and Financial Chronicle . (1245) 25 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1960 Range Since Jan. 1 Lowest Highest Lowest V NEW Highest YORK LOW AND STOCK HIGH Monday- EXCHANGE Tuesday Mar. 18 Par SALE PRICES Wednesday Mar. 14 Mar. 15 Sales for Thursday Friday Mar. 16 the Week Mar. 17 Shares o 31% May 17 84 38% Sep 19 35% Jan 3 39 Mar 6 Ohio Edison Co common Jan 4 94% Sep 9 89 Jan 3 75% Jan 95% Feb 4 82 23 Sep 9 4.40% 79 Jan 3 89 4 82 % Mar 13 96 Aug 9 3.90% 97% Feb 4.56% 86 Jan 16 93% Jan 3 6 2 90% Jan 13 39% Jan 4 36% Jan 5 7 Jan 93% Sep 4 30% Aug 28 '/a Mar "T 15 preferredpreferred Jan 36 83% Jun 15 33% Jan 21 16% Jan 87;; Jan 1 Dec 16% Sep 6 16 87% Feb 24% May 1Q 37% Aug 4 15% Dec 29 33 % Dec 35% Nov 42% July 19 32% Feb Feb 4 5 39% Jan 34 14 15% Jan 17 40 ■ 36% Mar 88% Jan 3 4 16 Ohio 3 Jan 30 45% Mar 1 19% Jan 13 50 % Mar 10 92% 82 82 100 95% preferred— 100 I Co preferred-.: Mathieson 64% Dec 28 56% Jan 4 37% Jan 4 21% Jan 18 28% Feb 20 23% Jan 12 16% Jan 18% Jan 16 Outlet Co. 15 Dec Jan 25 122% Jun: 31 116 16 130% May 31 12 104%. Feb 23% Oct 85 16% Jun 26 Jan 14 34% Jan 93 5 15'A Jan 6 15 % Jan 4 1 87% Jan 26 100% Jan 10 17 Jun 89% Feb 6 103 % Mar 115% Feb 8 119% Jan 9 17 27 26% Jan 4 31 Feb 3 9 87% Jan 6 94% Feb 2 Aug Otis Elevator— 93 *91% 93 *91% 93 93 92% 92% 43 10 42% 43% 13,500 38% 39% 5,200 17% 38% 17% 17% 38% 17% 17% *17% 88% 88%. 88% 32% 32% 32% 32% 32% 5 43% 44 % 42% 43% 43% l 17% 43% 17% 17% 17% *17% 17% 48 "A 49% 32 —10 49% 50% 49 *87 49 88 % 73% 74% 73% 74'A 73% 74 30c 23% 24% 25% 26 No par 26% 27% 17% *15'A : ; (The)—. 1 Owens Corning Fiberglas Corp_ 1 Owens-Illinois Glass Co com_—6.25 4% preferred —100 102 *17% 16 *15% 33 ' 93 18 17% 17% 48% 48% 50 74% 73% 74% 27% 27% 12,800 27% 27% 88.400 17% 17% 1,120 17% 18% 100 100% 101% 100% 116 99 116% 116% 116% 29% 29% *92 93 *92 70 48 % 102'A 93 26.800 17% 101% 30 43% 1,300 43% 99% 29% 5,400 < 17% 98% 30% 32% 43 99 % 116% 17% 88 32% 43 •' 98% 102 % 100 17% 88% 32% 96 88 ■ 88% *15% % 29 17% 18 16 115% 15 No par 17% 39% 99 98 — Oxford Paper Co common $5 preferred 17% *95 73% 3.125 —_• - %' 210 42 % 43 38% *88% 430 1 *91% 42% 38%. 7.50 9,100 92% 81% 96 43 Corp 37% 92% 80% 95% 37%, *17% 37% 92 42% . Overland Corp 96 37% Outboard Marine Corp 3 82% Oct *95 81 43 Olin Oil & Gas Corp Orange & Rockland Utilities 4 75 96'A *91% 100 24 7 *95 37% 81 373A Gas— 24 74% Mar 95% 36% 91% 42'A Chemical 15 Oct 91% 20 19% Oct •!' 36% 82 -No par 1. preferred Oklahoma Natural 91% *81 common—5 ; Electric Co 4.24% Olin 36% 37% 91% 82% Oil 4% 36% 91% 82 % Okla Gas & • 37% 90% 100 preferred—. 4.44% 17% Mar 15 15 20 21 39% Mar 16 6 18% Oct Feb 44% Feb 19 - 54% Jan 29 94 7 36% —100 16 *15% 93 16 *15% 2,800 4,100 16 100 100% 8,600 18,200 100% 100% 116% 102 % 116% 116% 117 29% 29% *92 93 29% 3,600 30% *92 4,600 93 50 P 11 Jan 7 17% Aug 12% Oct 26 17 18% Jan 14% Jan 6 13 14% Jan 17% Feb 3 28 Pacific 3 Pacific 18% May 11 15% Jan 5 17% Feb 1 Pacific 18% Mar 18 22% May 2 20% Jan 17 23% Feb 2 5% 4.6% Sep 60% Jan 11 51% Jan 77 30 73% Jan Amer Fisheries Inc 11% Jan 60 5 28 May 11 46% Mar 8 Dec 53% Sep 32% Jan 26% Mar 10 16 3 20% Jan Finance Pacific Gas 6 Pacific Pacific Lighting Corp Telep & Teleg 39 12 Oct 24 16% Apr 28 17% July 23% Jan Mar 15 6% preferred Pacific 10 Packard-Eell Jun 6 15% Mar 14 ,18% Feb 9 Pan American 4 17% Jan 3 21% Feb 27 Pan Amer World 54% Jan 16 Electronics—— East Pipe Line— 50% Dec 30 46% Feb 23 91% Oct 7 86% Jan 5 39% Apr 29 36% Mar 15 67% Sep 1 53% Jan 18 82% Mar 14 15 36% Jan 16 44% Feb Parke Davis & Co 21% Oct 4 & 33% Oct 1 % Dec 14% Feb 60% Feb 12 21 24 23% Jan 29 .5 6 34% Jan; 4 I I 28% Jan 4 2 Mar 16 20% Dec Mar Mar 8 20 27% Mar 2 Mar 15 60% Dec' 14 52% Feb 2 Nov 44 24 28% Jan 33 Feb 27 15% Jan 19% Feb 1 58% Jan 3< 1 31% Jan 15 Sep 20 18% Jun 41 Jun 29 48 Sep 9 41% Jan 47% Feb 24 38' Aug 8 45 Sep 7 39% Jan 43 11 % 28% Jan " 22% Julv 25 o 4 ' 22 % Mar 27% Oct 28 36 25% Jan 27 2itt% Sep -7 97% Aug 24 9±% Aug 31 89 Jan 4 85'A Jan -la 10% Oct 5 30% Nov Dec 17% Jan: & 3 75 ^ N"'V':V Jan 13 84'% Jan r 6 •93% Jan 26; / 12 Oct 6 60 % Dec 29 "ilApr 60 5 74% Jan 41% Mar series 85 • 23 3 Milk Co 4%% Phila $1 Electric 3 66' 3 ■t • / Mar 7 Feb 94 27 18% Mar 14 52 Feb 4.30% 60% Mar 4 18% Jan 3 8 82% Jan 30 88 Mar 22 80% Jan 18 86 Mar 16 Dec 29 71 Jan 12 59• Nov 15 75 % Jan 15 28 18 6 22% Jan 25 Jan 125 81% Jan 21 124% Jan Mar 6 3 25% Mar 2 69% Jan 3 79% Feb 28 21 49 % Feb 25% Jan 5 61 31 Jan 9% Jan 116 3%% Jan 5 96% Jan 72% Mar 10 Mar 13 123 5 Jan 9 89 20% Jan 3 28% Mar 13 69 175 1 Feb 201% Feb 13 17% Jan 3 , Mar 7 95% Jan 11 Feb- 1 34% Dec 30 81% Feb 1 139% Dec 12 89% Jan 13 33% Jan 3 133 Jan 52 Jan 11 6934 Dec 30 64% Jan 36 Va Mar 9 44% Dec 30 43 26% Mar 8 29% Sep 80% Jan 19 86 5 14 87% Aug 17 12 98 Aug 30 90 Jan 28 11 41% Feb 3 29 % Feb Jan 82 3 85% Mar 83% Jan 7 86 J.an 102 Jan 16 20 1C6 May 11 Feb 18 7% Sep 47 47% 60% 47 47% 60% 61% 47% 47% 15,600 48% 49% - (NY) 123 ■; Aug 25 29 11% Feb 11 25 86% Nov 21 4 ».30% Oct 10 27% Jun 2 21% Jan 9 22 118% Jan 3 134 Jan 3 85% Jan 16 8 - Feb 32% 34 34% *101% 104 *101% 51% 52% 59% • 60% 29% 29% 101 102 83% 60% 10O 100% 270 •84% 84% 440 95% 104 63% *63% 64'A 86% 87% 89% 22% 64 64 47 22 *64% 89% 83 83% *82 83 82 82 1,100 97% *96 97% 104% *103 103% 100 48% 48,700 22% 78,800 48% 48% 22% 21% 64% *64% 20 89 64'A 90 60 89 901/4 83% 83% 13,300 83% 83% 280 82 83% 58% 59% 58% 59 84 58% 130 18% 17% 59% 18% 17% 17% 58% 60 17% 17% 37,300 17 17% 48% 49% 17,400 49% 5,400 •49 48% 49 96% - 95 95 55% 53% 55% 46% 45% 23% 23% *87% 87% *87% 87% *83 86 *83 86 128% *103% 47% 20% x88% ♦96 -159% *95 15% 104 ,82 17% _1 46% 97% 84 15% 128% 15% *127% 15% 47% *95 48 96 *95 96 *83 48% •95 96 10 53% 54 53% 53% 44% 53% 45% 54'A 45 46 6,900 45% 46% 14,100 18,600 24 24% 24% 87% 87% *87% *84 15% 25% 25 25% 86% *88 881/4 50 86 86 86 18 87% 87% 17% 200 18% 18% 18% 27,300 128% 23% 24% 24% 24% 77% 77% 24% 24% 76% 14% 14 77% 6,200 14% 77% 78% 22,100 _100 54% 54% *53% 54% 14% 7,900 pfd——100 Pittsburgh West Virginia 100 Pittsburgh Young & Ash pfd—V_100 54% 55 *54% 55 preferred class A 1st series prior Pittston Co (The) common—, 54% 13% 14 14 1,100 117 150 116-% 72% *13% 117 117 72% 72% 117 *115% 170 700 72% 122 72% 121% 72% 121% 83 83 121% 1221/2 600 83% 84% 85 26% 27 87% 187 % 26% 28 3,600 191% 188% 27% 28 34,700 10 20% 20% 20% 20% 195 32,600 91 91 91% 91% 10 40 % 42 40 Va 12 144% 191 187 20 190 187 194% 20% 187% 20% 20% 20% 20% 91% 91 91% 91% 91% (H K)— fund preference—100 of Co Elec 145% 144% 40% 145 No par & Colorado Gas 40% 15,200 152% 13,800 73% 73% 72% 72 72% 72 49% 72% 50% 50% 72% 52% 72% 51% 3,200 52% 51 29% 52% 29% 32,000 29% 29% 291/4 1,300 85% 29% 29 % 29% *29% 84% 85% 85'A *84 % 85% 86% *86 86% *89% 90 53- 54% *73% 25 74% *22 22% >21% -100 132 Publicker Industries Inc common—5 9%' $4.75 preferredNo par Puget Sound Power As Light Co—10 -No par 39% 150% 71% 84% 25 -1——— 40 150 71% 29 100 Inc_ 39% 145% 73 Public Service Co of Indiana_No par preferred preferred 4.16% preferred 4.8% preferred- 1,300 40% 146% 49% 107% 3%% 39 144% 2,800 69% preference com—No par 4.32% ♦90% 6,600 49 10 com_No par 107 Pullman 14 122 100 Pure Oil- 53 14 54% 84 preferred 16 52% 55 28% 5.28% 38% Feb 53% 54% 122 122 *86 38% Feb 14% 53% 54% 27 123 *89% 36% Feb- 23 14% 55 54% *53% 82% 122% . 90% 3 80 28% issued $1.40 div 72 % 13% 127 86% Procter & Gamble Public Serv 72% 118 13% 125% 85% — Public Service 72% 118 14% 13% 127 27% 75 Potomac Electric Power Co__J. When 72% 118 14% 14 127 —::—1 Inc sink 1 2.50. Corp 5%% 117% 14% 129% _5 $3.50 convertible preferred Plough Inc Plymouth Oil Co Co 14% 85% 23 21% 104 •30 *83 104 Va 3 48 *96 30 83 90% 7 104 85% 47-% No par 10,200 100% 84% 20% 58 20,000 • 100% 21% 82 60% 30 83% 47% 83 55% 60% 30 100% 47% - - 54% 61% 30% 84% "63% 5 8,500 101,200 84 VA 20% 100 60% 55% 100% 46% - 61% 53% 4 37 104 29% 95% % 104% 60% 53% 3% 36% *101% 100% 84% *104 52'A 4 36% 104 30 84% 96% 3% 35% *101% 101 30 . 61 3% 36 104 30 104 Va Mar 13 52% 3% 34% *101% 60 101 100 17 3% 35% 104 84% *95 _50c 52 21 10% Mar 3 9,900 128% 4 33% Jan 82 3% 24 21- 33% Jan* 33% Jan 79 3% 77% 86 % Feb 39% Jan 79 2,900 100 ' 37% Aug 30 37% Jun 24 4 • 16% preferred Mar 17 3,100 97 16 23% Feb 58 *96% 16% preferred 73% Mar 15 97 15% 77 5.05% 22% Jan *96% 16% 76% 4.30% 3 4 97 16% 74% 76% 4.18% 9 97 16% 77% 24 21 Jan 97 16% 75% 82 3% ■_-3 (conv). *96% 16% •16% 78 —10 77 24 47% Jan 71 *96 % V" 97 ■- 23% Feb 21% Jan V Feb 81 48 100 100 19- \,29%: Feb -• 60 47 59% 42,871 preferred preferred 74% Sep 13 23% Apr 20 22% Mar 22' 5 7 8,800 44% 49% 76% 4.08% 108 74% 49% Pittsburgh Ft Wayne & Ohio Ry— 7% guaranteed preferred—.—100 Pittsburgh Metallurgical Inc_i.—1.25 Pittsburgh Plate Glass Co———10 Pittsburgh Steel Co common 10 105% Jan 3 1,700 *44'A i_100 — Pittsburgh Forgings Co 1 87 10 19 17 74 100 59,900 49% ilOo Corp $4.80 preferred *44 V 500 ' 44 23 90% Feb 3 Sep 49% Aug 27 52% Mar 15 Jan 105% Aug 17 65% Jan 20% Jan 72% Feb 3 106% Feb Jan Mar 17 77 45 22% Poor & Co 152% Mar 17 6 75 Pittsburgh Coke & Chem Co com_lO $5 convertible preferred No par 2 21 73% 46% Polaroid Mar 13 42 Mar 15 73 12 91% Feb 75% 45% Porter 12 37 74% ' 49% —100 Pitney-Bowes Inc 7 ' 21% Mar 36% 75% 54% 5% 13 75 14% 44 preferred series A——100 5%% Feb 74% 1 —2 12 120 25 36% 61% -lOO common Aircraft 24 9 36'A 50 — Jan 14% Mar 38% 44 No par Com — Philip Morris Inc common-4% preferred 3.90% series preferred 65% Jan 3 55% Jan 2 6 8 52% Jan 20 261% Aug 22 3 15% Feb 11 4 72% Dec 25% Nov 129 16 4 8 18% Mar 16 18% Jan 6 15 % May 10 3 1 124% Jan 4 Apr. 11 25% Mar 17 36% 58 Piper 28 38% 13% 44 10 49% Feb 14'A 49 27 10 13% 50% Feb 39% Jan 14% 62% 95 6 21 14% . 45 No par common^ preferred Corp 96% 9,600 61% 58% Feb 80% Jan ; 4 20,500 37 49 5 28 41% 36% 49% 3 132 100 41 63% Feb Aug 31 38% Jan V 8 84% Dec Co preference conv 95% *44 -.12.50 Philco 21 3 57 - Corp 22% Feb 4 17 47% 41% 38% 74% Brewing Co —5 Pfizer (Chas) & Co Inc com—33 %o 4% 2nd preferred (conv) 100 4.68% preferred/ Phila & Reading Corp 8 3 28 *47 40% 36 14% Pfeiffer Phelps-Dodge ■99% *32% 38% —1 . preferred 14% Jan Dec 18% 14% 100 Corp of America 3.80% 52% Jan 17% Nov 78% Jan preferred-—— Petroleum Pfaudler Permutit Inc l 44% Jan 14% Jan 18 No par common 48% Mar 17 ■■ 3 Jan V Pet preferred 6 19% May 20 17% 47% *47 62 94 25% Jan 1,000 48% 42% Jan Aug 17% 24% 1 1 <■ 73 *47 ' —100 Corp 4.40% 104% .Mar 95 —33%c Perkin-Elmer 30% 98 Pennsylvania RR 10 Peoples Drug Stores Inc— 5 Peoples Gas Light & Coke___—_25 9 95% Mar 14 29% 100 100 preferred Mar: 13 55% Sep 10% Dec 27 33 2 Aug 16% Dec 33% 20 Jan 88% Oct 38% Sep 88 1 41% Phillips Petroleum 5 Phillips-Van Heusen Corp— ; 1 Pillsbury Co common —No par $4 preferred No par Dec . 97 23 163% Feb V 83% Mar 16 93 % Oct 40% 37 No par preferred Mar 102 12 2 43% Mar 30 v Mar 14 13 77% Jan 10 83 3 13 81% Nov 45 % Oct 47% 43 % Jun 1 5 20 '*■ 61% Mar 15 17% Jan 18% Sep 1 113% Oct 37 V Mar 17 56% Mar 84% Feb -23 11 9% Sep 13 79% Jan 28 . Feb - 78% Jan 29% Sep 17% Dec 123 9 9:, Apr 43% Feb Dec 6 1'2 V 91V. 13 % Dec Mar „ 102 U Feb 33% Jan 28 47% 47% 24% 36% Mar 29 Dec 18 36% Aug 47 11,700 32 17 14.%' Dec 54 9,100 56% 31% 18 13% 71% 9 1,200 32% 56% 32% 17% 3.400 4 Jan 100% Jan - 55 30% 56% 31% 1,300 3 3 13% Apr 29 31% May 6 79 Jan 9 80% Aug 29 54% 32% 56 % 18 96 85 14 56 31% 56% 31% 17% 98 Mar 10 62 55 56 30 % 1,100 29% Jan 92% Jan ' 8,600 96 81 77,% Jan 20, 23% 96% 17 96% Jan 38% Apr 25 *96 85 51% Jan Jan 25 2,400 96% 18 80% Jan 49 23% 33% 65 •"21% Jan 101% Sep 4.1G0 24% 23% 98, 11 96 A 25 15% Dec 12 83% Sep < 23% • 29% 38% Mar 13 30% Jan Sep 23% 2% 33% 14% Mar 10 46% Jan 2 27% 42% 2% 30 15% Jan 16 27% 42% 2% 2% 98 47-, Jan Aug 29 Aug 27 41% 39% 2% 23% 33 Mar 15 . 40 2% 39% 2% 29% 97 99%, Sep 25% 100 98 49% Mar 17 23 40.900 98'A 1 7 42% 30 3 18 41% 98 94% Feb/ 20 % Jan 34,200 29% 37% Jan .87% Jan- 42 91 96 7 53 25% 40% 82% 1 "*47 18,200 80% 99 5 47% Mar 31 25% 24% 52% *90% 81 30'A 4.40% 99 42% 23% 25% 51 91 99 4% % 1 95 % Mar - 41% 2% *24-% 51% 80% 96 6 41% Dec 6 50% 5 Peoria & Eastern Ry Co__j. .9 44,100 29% 23 Pepsi-Cola Co 23- 24% 25 40% 16,800 20% *90% 81% 23% 2% 24 16% 20% 33 17 Mar *39% 2 23% 16% 20% 38% 51% Feb 57% Jan 40% 40% " 93 16% 19% 33 43% Jan 38% Jun 26% 80 7,700 37% 46% Jan 100 25% *91 4,000 40 % 16 3 26% 26 V 450 6% 22% 33 17 8 42 6% 22 38 " £2% Dec 26% Mar 14 91 Q2i 41 % 22% 16% 42 50'A Jun 43 % Mar 19% 50% 6% 21% 156 33 14 96% Jun 19% 50% 39% 155'A 37'A 96% Mar 3 19% 50% 80 16,200 39% 156 6% 41 99% Mar 21 16% 19% 90 7,700 40% 39% 5,600 10,300 1 29 5 % Jan 22% 50'% 93 56% 58 l 34% Jan 2% Dec 21 21% 19% 42% 84% 56% 155 50% 79% 83% 56% 6% 15% 1 83 3 Chemicals 43% Dec - 16% 57 81% 56% Corp 31% Feb 32% Jan 11 22 15% 57% Penna Glass Sand Corp Penn Power & Light com 6 25 21% 16% 5,700 1,700 57 Pennsalt 24 16% Jan 22% 156 6% 5,800 3 75% Feb 54% Nov / 156 i 4. 17% 7 50% Jan 16 6% 77% 50 62% Jan Nov 155% 6% 6% 25 4.68% conv preferredPenney (J C) Co 39% Jan 13% May 17 153% 155 23 16% 47% 40% Jan 68% Mar 25 47 39% *91 3.50 66% May 16 7 56% 39% 41% Penn-Dixie Cement Corp_ Fruit Co Inc common 8 28 82% 56'/a 39% 5 Ford 15 '.Sep 81% 56% 39% 19% 100 preferred 54% Feb 92% Jan 81% 56%. 50% -2.50 37 % Nov 30 81% 39% 6% 17% *21% 57% 81% i—1 , 23 38% Mar Jan 11% Jan • 57 No par Penn 90% Jan 7 Jan : Penick 95% Jan 5 45 7 27 _1, common— prior 57 56% *20 57% ' - Parker Rust Proof Co conv 23 ' No par — 5% *20 17% 37% Feb 32% Mar 10 22 Common. Peabody Coal Co 23 23 154 Parmalee Transportation No par Patino Mines & Enterprises-. 1 Feb *21% 55% 16% 28 25 17 22 23 9 Nov 17% 16% 70c 23 23% Jan 24 12 17% 16% v 2% Jan 17 % Jan 17% 16% 23 56% 1 43% Feb : 3 17 16% 80% 25% Feb 6 19% Jan 5 92 16% 16% ' 4% preferred Paramount Pictures Corp— 51 % Jun 17% 16% 16% 50c Sulphur Airways Inc. 8 17% 16% 39% 2/7" 100 83% Mar 18 j,' 14 17% 16% 16% 54% —-No par Tin Consolidated Corp__ Panhandle 40 lo comu 17 16% 16% *20 ^._25 : — 13 24% Jan 6% Feb 1 17% 16% Inc_5 Corp_— Electric 27 Jan « 156 & 17% 16% 25 Pacific 5% Jan 4 26 25 Aggregates 40% Mar 17 12 4% Oct & Coast Co common—.i 57% Mar 141% Jan 19% Oct Cement preferred—. Mar 17 58 30% Jan 2 145 Mar 84% Mar 17 52% Jan 28 Feb 7% Jan 130% Feb 23 18 5 *85 21% 134 10 86 "102% 90% 103% *102% 103 107% 107% *107 107% 54 *73% *22% *21% 134 9% *85 84% *86 90 102% *107 75 84% 75% 84% 77 4,000 85 260 86% *86 86% 90 *89% 90 150 130 103 103 103 107% 107 70 107 54% 54% 55% 200 55% 57 57% 58 74% 73% 73% 16,000 73% 73% 73% 22% *22'A 73% 22% *22% 22% 21% 21 % 21% *21% 22 *21% 142 142% 134 9% 86 134 9% *85% 134 •135 10% 10 86 •85% 22% 60 221/4 100 22 200 142% 660 10% 10 10% 14,900 86 86 86 • 5 10 36 % 37 36% 36% 36% 36% 36% 34% - 35% 36% 34% 36% 35 36% 34% 35 34% 35 35% 35% 34% 35 35% 35% 36% 10,100 12,000 36% 37 37 37% 21,100 35 Va * Q 42 Jan 26 V 125%; Jan 11 •< 26 Mar For 63% Dec 5 136 V Aug >18 ' 8 27% Nov footnotes, 57% Peb 131' Jan 4 69% Mar 14 19 26% Jan 17 142 .- Mar 8 0 14" see page 28. 28 "* Feb ~ 8 Quaker Oats Co common ._5 6% .preferred-; _10O Quaker State Oil Refining Corp.^lO — 68 V ' 142 68% 142 68% 140 69% 140 68% 140 69% 140 " 27% ' 27% 27% 27% 27% 28 67% •140 27% 68% 141 28 67% 140 •27% 68% 140 28 4,800 100 * 1,000 26 The Commercial and Financial Chronicle (1246) . . Monday, March 20, 1961 . NEW YORK STOCK EXCHANGE STOCK. RECORD STOCKS Range for Previous Year I960 NEW Highest 78% Apr 25 67% Jan 18 49% Jan Apr '8 70% Jan 13 4 — ______ Dec 15"% Sep Apr 19 22'% Jun 29 15 2 Jan 53% Jan 4 8'% Dec 20 18% Jan 20% Dec 5 33% Feb 5 ll'/s Dec 8 28'% Jan 20 12'% Dec 28 15'/2 Nov 1 28 5 , Jan 18 28% Jun - 6 28% Jan « - 16 20 17% Oct 24 15% Dec 7 19'A Mar 17 43% Dec 1 68% Jan 4 18 27% Feb ' 1 Apr 52% Jun 57 1- Mar 14 56% 27% 10% 14% 53% 38 76% 43% 44'/a - ' 11% July 11 25 12% Jan 23'A Jan 30 31% Aug 29 19% Mar 14 7% Feb ■ 7 15'A Aug 23 20 48%-Dec 6 78% Jan 4 33% Sep 46% Feu 28 50% Jan 22 17 80% Dec 21 37% Oct 24 56% Jun 21 71% Jan 37'/a Sep 42% Jan 4 48 Sep 4 23 110'A Oct 27 149 Jan 55% Jan 21 94% Dec 6 76% Jan 5 Oct 31 12 l'/8 Dec 59 85 Aug 4 6 84 Dec 19 89% Nov 25 23% Oct' 24 42 28% Jan 52% July 4% Jan 5 2% Dec '33'A 19 4 Nov 3 55 Apr 19 52 Jun 9 41% Oct 25 50 Jan 4 21 Oct 28 26% Jan 4 27 Dec 2 38% Jan 6 600 Dec 28 82 Jan 4 89 12% Apr 5 20% Dec 780 16 14'/8 May 12 16 13% Sep 22 21% Jan 8 15 21% Jan 9% Apr 14 Oct 25 31% Dec 42 Jan 22 17 Oct 19 6 26% Jun 23 15 33% Sep 19 24 40% Apr 7 May 27 88% Aug 9 Apr 8 14'A May 30% Dec ./ • - 32% Oct • Nov 24'a Sep 15 29% Apr 30 69% Mar 30% Oct 88 8 26 Jan 7 24% Jan 12 7 Mar 14 13% Dec 31 8% May . 26% 33% 15% 70'A July 13 4 Jan Jan Jan . Jan Jan 16 8% Jan 4 Jan 3 73'a-Jan 11 17 50 Mar 50% Feb 4 38 16% Feb 15 17 93% Jun 8 26 85 15 19 87 Jan 4 15 16% Jan 3 70- Feb 21 5 Jan 15 28 8% Jan 14 29 38% Jun 13 30% Mar 15 8 Mar 24'% Aug 22 18% Sep 22 22Va Jan 25 jan 5 1 41 Jan 4 31'% Jan 3 37'% Feb 44'% Feb 17 59 Jun 23 54'A Jan 10 19% Jan 25 12 5 May 17 15 .. 28 11 Oct 25 90 Jan 4 7% Sep 29 11% Jan Jan 4 12 Jan Oct 7 97'% Jan 4 14% Mar 31 8% Jan 4 29% May 25 43'% Dec Electric Scovill Mfg 3 Shamrock Oil 5 43% Jan Feb 23 12 22% Jan 27' 31% Feb 28 Shattuck 30'a Apr 28 43 Jan 4 38'A Jan 6 46% Mar 3 .50% Mar 13 3 29 Shell 17% Sep 15 23% Jan 4 Jan 3 22% Mar 17 29 21% Jan 13 15% Jan 4 19 15% Sep 23% Oct 12 20% Jan 4 16% Feb 10 18% Mar 18 - & York Sheller 9 Sheraton Siegler 3 32% Mar 3 Jan 3 31'% Feb 6 10 5 59 9 Simmons 69 Sep 26 94% Jan 4 70'a Jan 3 84'% M£.r 10 Simonds Co Nov 23 37 Feb 13 42% Feb 28 Simplicity Pattern Co 29 55% Jan 38% Jan 3 45'a Feb 27 Sinclair 5-"% Oct 31 68% Dec 4 22 63'% Jan 11 2 55 Jan 4 44% Jan 3 56s,a Feb 9 53% Jan 11 31% Jan 3 36% Mar 3 11% Oct 25 18% Feb 26 12'/2 Jan 4 20% Mar 9 Smith-Corona 20% Oct 24 28% Mar 23 23% Jan 3 30 Feb 3 Smith-Douglass 38% Oct 11 64% Jun 15 46% Jan 4 59% Feb 28 34% Jun 2 42% JSn 5 38% Jan 3 46'A Feb 9 9% Mar 10 12% Jan 7% Dec 30 30 44'a Jan 49 Jan 25 50% Feb Oil (A 27% Jan 3 35% Feb 23 11 I53a Jan 3 18% Mar 14 May 10 21 25 Dec Jan 5% 15 30% Feb 3 27'AJan 11 30'a Feb 17 12% Nov 7 15% Dec 30 15'a Jan 4 19'a Feb 20 56% Feb 17 70 29 65 Jan 4 75% Mar 10 39% Jan South Dec 8 7c 23 18% Aug 23 17% Jan 1 69% Aug 23 68 Jan 27 70'/a Feb 23'A May 18 17 9 19 14% Jan 3 20% Jan 16% Aug 26% Jan 18% Oct .83 31 May 23 293A Mar 8 77% Feb. 2 25% July 25 ■■ . I9 - ! footnotes, see page 15% 27% 18% 18% 74% 50% 43% 74% 50% 43% 42% 21% 48% 18% 42 Co Gas (Del) Co Southern Railway No par preferred stock Ohio ctfs__100 (A G) & Bros Spartans Industries Sparton Corp Spencer Chemical Co 3 4 95 Feb 9 60% Mar-17 Jan 3 87 Feb 29% Jan 5 37 Mar 17 2.50 common—6 1 100 Sons T_—1 common. __50c preferred & —1 1 Inc $4.50 preferred Spiegel Inc common $4.50 preferred— Square D Co_______ 28% 30% 35% '» 10% 37'a 91 ' 18%, 91% .____25 No par r' 56% *86 1.5 34% ___No par : : • " - 67 19% 27%*' 28%' ' - 41% 21% 48 18%. *64% 28% 31'a 33% 10% 36% *88% 48% 18% 28'/a 30'/a 34'a 10% 36% *89% 20 tr - 22% 48% 18% *64% common—_No par Sperry Rand Corp 28. *49% 32% 15% 27% 51 34 43% i For 7% 50'a 51 33 74% 29% Mar 14 ' 42% 9% 6% 49% *49% 32 15% 28 10 7 18% 26 23 9% 50 74% Spencer Kellogg 82 ' 4 55 43% 7'/a 50% - 55% 42'/a 18% 42% Jan • 52% 28% 28% 19% Mar 14 v. 58% *82% * 39'% 41% 71% 29% ;25 88 % Jan 4 92% Sep 6 46% Dec " 8 82% Sep 37% Jan " 9 29'% 54 • 10% 41% 21% 4.20% . 29»a 50% 43'a 2 18% 17% 29'% 34 18'a ;25 Edison 21 18% Public Service Co__10c preferred 12 13% May 12 72'% . 33% 42'a 73% 53 34% 16%28'a 7'/a Jan 9 32 300 13'a 18-% 13 18% *9% 19,900 4,000 13% 2,500 18% 100 67,509 101 9% 10 ; 160 9% 900 11,500 18% 75% 51% 43% 42% 22% 15% 38% Feb Mario 60% 100'% *100 9% 58% 23% 17% 74% 51% 43% 41% 22'a 48% _5 Sugar com 3 Mar 12% 18% 4.200 58% 29% 50% 33% 16% 28% Jan 38 * ' 36'a 23 *49% 33% 15% 28'a *49 33'a 27 ll^Mar " 36 28% 50% 33% 15% 28'a 7 49% 50 2.50 5 91 13% 17% 101 4,609 45^400 10 7% 50% 9% _1 30 3 58%' 7'% 33 9% 7 50% No par & Platinum 26 3 58% *20 72 6% 32 28% 22% 35% 6,700 21,009 44,600 2,900 17.700 21% Sep Jan 35% *70 7% 31% 43% 41%' . 56 Spalding Jan 7 30% 28:,a 21% 160 7,700 58 *39V4 42'% 43% Inc Southwestern Public Service Co—_1 88 *70 7% 31% 28r% 22% 36 40 20% 43% 20 25 9 28 76% 91'%% 20 56% 39'% 6 17 *75 *89% 19% 72 29 39'a 41% U 33% Mar 11 72 76% 90 19% . 28% 84 30% Feb 30 19% 13,000 84 4 Oct 76% 90 77% 82.809 84 16 9% Jan 10,800 20'a 84 20% Jan 90 107 53% 35% 58'a 26% Jan 35% Jun 3^00 31,400 106% 53'a 293A 29% 58% 30% 4 2 33,200 12% 29% 29% 30% 58 13 23 55% 38% 30% 29% 30% 29'a -1 29% Jan 6% May 106% 54% 38% 37,500 10,300 23,500 30,900 29% Jun 84% May 16 12% 5A00 223'8 18:,4 18% 30 30% 58% 83 39% 43% 75'% 18 26 26'a Nov 38'% 12% 106% 4,200 44,100 g.ij, 22% 18% 18 29% 30 57% 82% v38% 431b 72% 18% 50% 28 54-'% 38 12% 16% 28 22'A 18% 18'% 30% 30 58% 84 39% 43%73'a 53% 34% 18% Sep Dec 53% • 92% 21 18'a 18% 18% v 53% Puerto Rico & 16 28% 9%, 21 18% 18% 19 42% Gold non-cum 15% 170 ' • 91% 57% ',': 86%; ' 35% . 49 5,500 - 21l,4 18% 18% 30'/8 30% 58% 21'A 5 5<?c 127,300 27 90 " • 18% preferred Mobile h.hOO 11% 11% 21 " 20% ;7.50 Mar 13 87,760 37:1" 94% 13.809 Southern Co 8 ' 37% 35.14 11% 15% 27% 9% 23,800 15 Southern Pacific 16% Nov 36% 94% 45% Labs.No par Southern Natural 64% Jun - 44% Southern Indiana Gas & Elec.No par 2 800 44% Co Inc Railroad Co 14 53% Feb 7,700 45% French 44 8 18% 77% 44% 29% 44% Feb 48% Mar 600 17% *751/0 45% 29% 3 5 36 18 76 44'% _5 3 54% Jan *35% 18,800 44i/2 Inc Co 19 28 *590 31% 433;, 52% 36% Jan Sep 31 27% 19% 38'/4 Jan 40 35,100 89% 300 28% 18% 47% Jan 17 44% 43% 89% *240 49% 5 Marchant 40% Aug 24 22% Feb 22% 18% 27% 34 18% 38% Aug 31 3 20% 18% 11,100 9 700 1,300 31,200 24,400 26'% 35 50% July 18 20% Jan 13% 45 12 49 52% 4 5 • 17% 107 9% 2,910 550 109,290 60,200 3,800 *75% 12% 9% 4,500 3,500 169.200 18,900 13% 300 31% 38% 13'a 16% 6,300 4 000 . 55% *100 - 5,800 44% 11% 43% 90% 12% 89% 8,100 * 19 42% 15% 41% 14% 36 36 • 16%; 24^300 • 27% 45 73 16 23% Jan • 25% 17% 22% 5,200 27% 52 34'% 12 28 13% 44% 11% 22% 18% *240 30% 8,200 //.. 49% • 72 83% Jun 18'a Sep 19 . 8,300 99% 26% - 10 31% Jan Mar 10 ) 105 21 « • 29 100 28 49 49% 3% 3% 38% 39 *42 45 47% 48% 26% 26% 33% 33% 560 569 89 89 19% 42% 15 : •• 22 300 27% 21% 42:% 900 " 1% 17 24% 90 ; 85% 27% Corp Southern California 51% Mar 17 13/8 102% 99 48% Co._ Southeastern 17 500 2 100 27% South Jersey Gas Co 1 26*500 26% Socony Mobil Oil 21 19 114 27 South Carolina E <fc G Co com__4.50 18 32*500 26% South 51% Oct 51% 49 127% 51% 49 126 x48'a Soo 28% Dec 9% 43 600 25% 173k 58% —• 17% 101 52% 501/4 12 21 *100 50% 50% *48% 136% 112% *84 16% !% 102 99 27% 19 28 ; 11,000 52 26% 16 45% Jan , . 30 000 28,500 493^ 8% Jan 22% Jun - > 63%' 129% 24% 16% 21'% I87a 40 14% _ 17% 44 26% Manufacturing Co Skelly Amer ' / 16*800 2*200 126% 13 44% 11% 22 18% 1 . 18 200 ' 15% 26'A - j.5 Smith Line - *150 36% 27% 51% Feb 9 6% Mar 15 < 10*900 26% : Singer & ■ , 2 500 • 64 50% Corp 6 " 17% 125 28 28% 49 49% .3% 3% 37% 38% *42 45 47% 47% 26% 27 33 % 33% 525 549 *88 89 • 23% . 26'% Steel Saw .& Jun /• - 96% ". 4 400 11*700 lu*200 53*600 *500 48i/4 1 29y8 Dec 16% 1Vi 101 *; 2*700 *500 " 23%' 41 113-115% 84 84 - 36 600 26 Corp__ Sep 46% Dec 17 10'A Signode Steel Strapping Co 42% Jan Kline 183,^ 101 No par Jan 28 Smith 13% ' 14% 40% 35.14 11% 30% 28% 21'A 58% "l4'a No par 27 O) 58% . „___1 1 6 . 59 50c 1 „ ,58'% 101 America of Corp Jan 10 , v V •> 37% - -7 . 36 'V Jun 12 35% 1 54 Jan 22'/a 36% ordinary 31'/a Sep 4% Jun 23'% 35% ' • , 2*100 1 43 34 28% 23 28'A: *61% 35% 14% 17% 62% 35% 27% % 61'a 36% 14% 17% 62% '400 9 500 ' 24% 17% 94% *70 ;73/e • 24% 357K 19% 72 7% x31'% 7% 32a/,, 5 1 29 75'% Mar 17 *70 U 19% 5 Corp___ Oil 90 32% 28% 22% " < :» 57 300 No par 31 - 73/3 31% . 57 "24% 36% *76% 77'% 19% " 56 120% 49% 497/a 48% 126 17% 105'% *• *88V'a ~ ; 70% 90 - 108 *76'%" 77% 70% —No par 24 37 *76'/a 2.50 Oct 47 12% 105'% 56 38 38% 107% 20 23% 23% 52'% 53 11% 104% 20% 23'% 23'% 17% 94 9% 38% 1 13% 20% 9% 26 51% 13'% 23% 61% ,35 14% 17%* 76 25% 52% ' 13% 357^ 11'a 15% 26% 9% 9% 38% 23 37 1515% 11% 12% 10% 96 25% 10% 38% 10% 36 954 11% 5134 10% *94 35% 19% G) shares Mfg '» 98 3534, 89% Inc 23'/a Sep 26'a Mar 24 37% *94 35:14 10% U 40 33 3^1/4 98 35% & Tr— Transp New Mar 13 Mar 3734 157;, Gas___ (Frank Shell Oil Co 6 15% Dec 37% 48*400 56 700 39% 36 17% *75 21'% 37%. x62 31% 36 17% 76 26% Corp Sharon Steel Corp. 293a Dec 36% 17% 75% No par 27 Jan .36% 1734 *94.; —L__^3 Industries 32% 75 ,il9% preferred Shahmoon 30% i7i/8 Servel Inc common $5.25 _ 20"/4 36% 23 'v 300 *240 31% 300 755,, Seiberling Rubber Co_—-*• ' 14% „^1 17% 9 19'/a Dec 21 36 ' _ 9% ___. 12% Jun 43% Jan 30 *240 _25 Roebuck & Co Sears 300 35 100 _1 —20 V • 43% 90% 15% Co.i Falls ~ No par 3.657o' preferred & Bolt Corp of Amer. Seaboard Air Line RR Co Seagrave Corp Sealright-Oswego 89% 197/a 20'% 36% 17% 55% 13% 41% 88% 43% 20'% 21 19% D.\ 42% *88% 79% 23% 22% ; .v 88% 29% . ' 44% 11% 22% 19 25% common Seaboard Finance 19 78 23%-■ 23% 13% 13% 15 13 44% 10% 21 18% 1 78% 10% 24% 18 ^ 22% 18% 39% 39% 14% ^5 Screw , 13% 44% 11% 21% 19% 11% 20% 44% *240 30 U Co 13% 44 ; 88% _1 preferred $4 - ' . 39% : 40 14% 15% 43% Scott Paper Co common—No par $3.40 preferred l-No par ; - 13% ' 43% 11% 20%. 19% - . — 19% 40% 15'/a 21% 36% 23: 24% 17% 21% 18% 35c _1 com preference— 22 11 , 1 . 1 22%-24%' 17% / 18% 20 22% '18'% 18% 72'% 21% 13'/2 20%"- . " 57% 72 21% 78' 19% 57% 72'% 21% '- 57% 72%' , 22% 17% 20 Shares 57% ■ ■ 20% 36'% 10% 24 13% 20% 23% 23% 17% 56% I''22% 23%; 23% 24 61% 1.40 ±__ Inc 80'% 35.-% 11% 15% Schering Corp common; 5% convertible preferred Mar 13 11% Mar ; - ^1 Co 80'% - the Week • Mar. 17 v ■>. 72'% >*61%/64,v *61% 64 36 :3. 35% 35% , 35% 36 15% * 14% 15 1 14% 14% 18 17% - 17% 17% 17% 62% 60'% 61% 60% 62% 40% 39% 40 38% 39% 119% 118 124% 121 122% 49% • 49% ' 49% 48% 49% 49% 49%. 49% -48% 49% 49 *48% • -49 48'/a 48% .127'/a" 126 >' 127% *126% 128 113% • 114 117.-%' 113% 117 84 83% 84 84 < 84 16% 16'% 16% 16% 16'/2 1% 1% - 13/tt iy4 1% 102% * / 100%; 101% 99? 101 93% §3% '94% V 95 97 ' 27% • 27% 27% 27% 28% 50% x49% 50% 49 49% 3% < 3' j y 3% 3% 3'A 39% , " 38% 3•*% 37% 38% 46 *43 46 *42 45 48 47% ; 47% 47% 48 26%26% 20% 26% 26% . 33% 33 ' 33% 32% 33% 540 % 523 ',534 501 524 89 89 89 *88 89 22% 16%' 19'A 18% '39% 14% 13% 42% 11% 20% 18% 5 100 10 Co Schick Inc.— 1 19'/a Mar 101 Electric & Industries Convertible 7 15'% Mar 9 100 Gas Schenley 60% Mar 17 5 16 10'a Nov ' No par Power Sangamo 3 30'/a Nov *43 47% 26% 33% 535 *88 Co com—No par 100 San Diego Imperial Corp 37% Feb 24 29WMar 17 25% Feb 23 20'/8 Apr Light & 39% • Preferred series A 5%-l 109'% Feb 23 77'% Feb 27 92 Feb 20 20% Feb 20. 72'% Feb 17 3 71% Jun 4% Dec 29'/a Sep 3 - ■ 10 St L San Fran Ry 14'/a Mar 10 81 % Jun 1 66% Jan St Joseph , 100 St Joseph Lead Co 8 18 23 27 27% 49'a 100 preferred—: conv 14 Mar 9 Mar 6 Feb 28 Feb 15 57% Jan 19 41% Jan 3 3 18 Aug 4.30% 48% • ,• 1.66% common San Diego 25 Jan • •• ; . Stores St Regis Paper Co common 1st pfd 4.40% series A Oct 92% Aug • . preferred—.—, Mar 10 3 9 77 •• • • 4% Feb 16 3 30 , _ Safeway - ' ' Friday : , Mar. 16 , *48% 126% 110% 84 l6'/a 1% 101'a 93 " * No par 2.50 96 3 4 Ruberoid Co— '• Ruppert .(Jacob) Ryan Aeronautical Co__ Ryder System Inc 39% 12'/a 16% 28% 9% 7% Jan - 1 1 5 Rubbermaid Inc " 3 8% Jan 31 - 3 14% Jan Oct 16 11 4 21% Jan May 27 < Jan 8 Jan 9 24 6 21 24 9 Jan 10 16 17 92 14 72 17 17 13 33 Feb 81 5 \ 32% Mar 37'A Feb 19 Jan 78% Feb 40'/a Feb 5 -■ 14% 17% 61% 116% 4 % 30% Jan 7 10% May 16 21% Apr • - ,.-61 'a - 35% _1 2.50 447/a Mar 10 90% Mar 15 3 9 3 7% Nov 17% Feb •; 23 Revlon Reynolds Metals Co com—_No par 4%%. preferred series A—50 4%% conv 2hd pfd__ —100 Reynolds (R J) Tobacco com __5 Preferred 3.60% series _100 Rheem Manufacturing Co 1 Rhodesian Selection Trust os Richardson-Merrell Inc 1.25 Richfield Oil Corp— No par Riegel Paper Corp _______ -10 Ritter Company ___2.50 Roan Antelope Copper Mines Robertshaw-Fulton Controls com..1 5%% convertible preferred 25 Rochester Gas & Elec Corp—No par Rochester Telephone Corp 10 Rockwell-Standard Corp__ 5 Rohm & Haas Co common ___20 4% preferred series A 100 Rohr Aircraft Corp 1 Ronson Corp__ _____: 1 Roper (Geo Dy Corp— __l Royal Crown Cola Co__ __1 Royal Dutch Petroleum Co. 20 G Royal McBee Corp__—: 1 82% Sales for Thursday - .21% , Mar Mar Mar Jan Mar Mar Feb Feb Jan Mar Mar 6 8 30 9 14 23 21 > 57% 21% . 39% Inc Rexall Drug & Chemical Co 81'% - 56% *72 21% 18 .■<•' 18% 18% 18% 18% 19% 19% 19% 19% 19% 35% 36% : 35% 37 35% ./% 10% 11% -.10% 11,. 10% - - . 24 24.%' 23% 23% *23% 13% .14 >13%. .13% : 13% ■ 19%, 20% wi 20 20V4 19%. -24 » 24% 24 % 24% 231/4 r21% 22% ' 21%- 22% V 23 -*17% 17% 17% %17:%. „_-*17%' , . - 53% 53% : % 54 54%.« % 55 —5 14% Feb 27 . 84 Revere Copper & Brass.— 45 Mar 17 14% Jan 19 22% Mario 22% Jan 3 . 83 58% 72%' 21'% 22% Mar 17 17 57'A *72 72%'; 22 Republic-Aviation Corp.—_— 1-. Republic Corp common..-.;—-—50c -, $1 convertible preferred.——10 " • Republic Steel Corp———:_10 19% Jan 3 42% Mar 17 16% Feb 28 3 3 59% 57% *71% Reliance Mfg Co common.-—___5 f Conv preferred 3%% series___100 - — 42% Oct 36 - 7 - 25% Mar 17 18% Mar 14 24'A Jan 16 __ 31% Sep 11 6 • 3 3 8 Jan 30 Jan 13 ; Mar Jan Mar Feb Jan Feb 50 Feb 27% Feb 33% Mar 670 Jan 89% Jan Feb Jan Mar 37% Jan 12 19% Oct Jan • 28 19 19 1 18 10 8 Mar 15 Feb 2 Feb 28 31% -50% 3'/a 41'A 44 3 36% Jan 86 Jan Feb 26 Sep 7 Jan 18 Feb 19 32 37% 22% 79% 55% 93 19 14% Sep v • 259 4 238 12% 36% 11 18% 17% 14% May 31 5 3 9% May 80 2 24 31% Oct . 4 21% Mar 25 12% Apr 13 46% Jan F 11% Oct 3 3 27'AJan 4 501 Mario 88 Jan 23 17% Jan 9 12% Jan 13 16% Jan 3 18 Feb *€? 32% Jan 3/ 13% Jan 26 r Mar 23 Sep 44 129'a 53'A 51% 49% 130 117% 86 32% Feb 10 44 Feb 6 43% Jan 23 23% Jan 3 7 38% Oct 9 25% Jan 33% Jan ' 2% Jan 8 21 Jan Feb Raymond International Inc_-3.33% Rayonier Inc __—_—1 Raytheon Co ______ 5 Reading Co common..^.-______50 4% non-cum 1st preferred_____50 4%non-cum 2nd preferred—,_50 Reed Roller Bit Co_ ____No par Reeves Bros Inc_—___—— 50c Reichhold Chemicals—__l Reliable Stores Corp_____:_____i._10 Reliance Elec & Eng Co____ 5 Feb Jan Jan Feb Jan Mar Mar Mar 7 Mar 6 Feb 20 18% Feb 20 65% Mar 3 , 4 2'a Jan 9 Dec 68% Mar . 2 26% Jan 30 Jan 5 Jan 11 Jan 3 Jan 6 Jan 3 Jan 3 Jan 3 Jan 17 47 Jun 3 117 ' Feb 13 91% Jan 3 83 Mar 8 13% Jan 3 18'a l'A Jan 3 1% -78% Jan 3-105 87 ' Jan 3 99% 5 26 21% 41'% 11'% 25% 15% 20% 25% 23% 17% 57% 32 66% 38% 15% Wednesday Mar. 15 r;-' Ranco 20% Feb 23 Jan 11 Jan 4 Jan 3 Jan 3 Jan 3 Feb 9 Jan 3 Jan 3 Jan 4 16% Jan 6 47% Jan 4 6 25 21 23% Feb 28 88% Feb 6 Tuesday Mar. I I ■' Radio Corp of America com.No par $3.50 1st preferred No par Inc _____2.50 Raybestos-Manhattan — No par ! 74 15% 17'% 35 Vi 8'% 22 12% 12% 16 19 15% Dec 30'% Oct •' 12 57'% Jan 70 7 56 59% Mar *1 Feb 28 9 20'% Feb 74 4 1 Monday Mar. 18 - . Par • 46% Oct LOW AND HIGH SALE PRICES • . YORK STOCK EXCHANGE Range Since Jan. 1 Lowest Highest Lowest • - ; -■ . 19 28'a 92 55% 86% 34% xl8'a 74% 50% 43% 41% 21% 47% 18% *64% 67 29 31% 34% 10% 37'a • 29 30% 32% 10 37 *90 91 19% 39'% " 42'a 73 53% 34% . 19% 19% 29% 42% 9% 7% 28% 56% 42% 9% 6% 50 49 29 57% 43% 9% 7 50% 57% 51 32% 15% 28 *49% 32 15% 28% 18% 18% 18% 74% 51 43% 42% 21% 48% 18% 74% 51 43% 41% 21% 48 18 % 74% 51% 43% 42% 22'a 67 66 66 29'A 31'a 29% 30% 33% 10% 38 91 33 10 37% *90 29% 31% 34% 10% 37% 18% 19% 28% 93 55% 86% 35% ' • *82% 39 42% 72% 53 33% 19% 29'a 27% 92 *91% 1571/4 54% 86% ''86% '35% '/343/4 : 58 58% 84 ' ,48% J 19 , , 34 19% 67 29% 30'/a 30% 30% 35'a 10% 37% 90 91 34 10 37 90 ; 18% 19% 19% *'• ' ' 49% 19 18% *64 28 28% 93 27% - - • 92 % 55% 86% y :., i \"35% ; ; 58 87 ' 36%: 19% 7.200 8,500 500 2,100 46,200 13,300 7,800 5,100 ___ 3,200 5,800 1,300 5,700 6,300 55.700 1,900 15.900 58,800 24,100 3,800 20 12,500 8,100 36,900 30,100 15,400 100 20,900 28%479,500 91% 210 58% 60% % 48,100 85% 86 220 36%--37 27.500 91% - . Volume Number 6039 193 . . The Commercial and Financial Chronicle . (1247) 27 NEW YORK STOCK EXCHANGE STOCK. RECORD Range for Previous STOCKS Year I960 Lowest /35% Feb 25 57 '/a Dec 14 70 % Jan 12 795/a Aug 22 NEW YORK ; Highest ,52% Jan 12 57% Jan 23 Standard Brands >73% Jan 6 77% Feb 16 Sep 13 11% Jan 12 17 Va Feb 23 Standard Sep 2 4% Jan 9 5% Jan 25 Standard Gas 20 25% Jan 9 46% Jan 46 Jan 13 Va 5 ;12% May 11 36% 4774 48% 48 % New £.,—7 43% 44% 43% 44 43% common—10 54% 55% 54% 55% 53% 46% Feb Standard Oil of 3 59 % Feb Standard Oil of Jan 9 87% Feb 4 21% Feb 7 .26 % Mar 64 Feb 6 27 % Jan 30 37 Va July 8 42% Jan 4 Jan 11 Nov 25 Jan 12% July 23 Apr 20% Sep 14 Jun 11% Jan 3 29 17% Jan 4 4 55% Jan 3 77 May 23 Feb A 13% Jan 16% J an 5 30 Jan 4 24% Jan 3 1 33 Va Jun 7 24% Jan 9 9 25% Jan 21% Jan 11 16% Jan 4 17% Jan 9 > 9 > 18 17 .67 4 Dec 20 V 18% Feb 19 11 47 Va Oct 24 58% Mar 28 53% Jan 26 % Mar 24 30% Aug 15 27% Jan 206 Dec 20 Co Chemical 3 Va % 13 Jan (The) Jan Jan 4 230 Jan 25 % Mar 28 43% Jan 23 30% 30% 3074 30% 26Va 26% 26 26% 30% 30% 29% 30% 29% 29% 13% 20 57% *77% 1374 85% 17% Dec 7 19% Dec 48 % July 21 64% Jan 16 % 26% Jan 23 14 18% Jan 20 % Jan 4 88 *85% 88 ,25 74 26% 77% *72 78 ..311/4 4 6 82% Jan 42% May 17 55% Jan 21 47% Jan 3 20% May 27 21 Va Jan 20 24% Jan 7 23 % Jan >.:.V 31% 3174 30% 30% 31 3,800 26 26% .25% 26 21,600 29% 29% 29% • 23% Sep 26 22% Jan i 13% 13% 13% 14% 13% 1474 21 22 2174 21% 2174 22 56 56% 56 'A 5674 56% 29 % Jun May 34% Dec 30 101 % Aug 22 l 9 V; 33% Jan 101%, Jan: 57% *77% '80 V % *77% 13% '14% 80 *77% 80 *77% 14% 1474 *14% 14% 14i/a 14% 84% 85% 82% 84 V4 82% 8374 81 83% 27% 27% 27% 27'A 2774 27% 271/2' 26% 26 Va 26% 261/4 2674 27 29% 28% 29 27 28 26% 27% 26 2774 6,900 21% 21 % 21% 2174 21% 21% 21% 21% 21% 19% 19% 19% 19% '*1874 19 74 191/2 19% 19i% 61 Va 61% 62 61% 61% 62% 6274 6274 30 30 30% 62% 30 % 19%, 62 % 11,700 1,100 30 Va 30% 3074: 301/4 301/B 30% 5,300 8% 8% 874 8% 9'A 8% 91/4 184,800 Storer Broadcasting Studebaker-Packard . 9% Mar • 312 Mar 1 . .-1 Co— When 34% Mar 10 31% Mar , 278 _1 65 69% 64 ' 65 64% 33 34% 31% 33 31% 32 Suburban 8 ' Propane 54% Jan 24 Sunbeam 16 Sundstrand •A:/ 65 1 Gas issued' -24% Feb • Corp com—__1 preferred —100 convertible Suburban 68% Mar 10 ■ v$5 3 Webster-— 8% Corp J—.1 Gas 8% 278 289 290 280 8% 288 284% .. 32% 295 Sun 17% Mar 14 Corp 2874 47% 47% 47% 20% 21 2174 28% 55% Feb 15 Sunray-Mid-Cont 31 7 474% 35% Feb ~ 9 5%% 24% Mar 10 No par Sun 26% Jan , Feb 113 Oil 291/4 28% 47% 45% 46% 7,100 2374 2274 2374 Biscuits Sunshine 28,100 16% 16% 1674 27,800 Oct 20 7 Jan 3 25 4 1200 Jan 4 1464 Jan 31 Superior Oil of California 26% Feb 29 50 29 45 Jan 3 58 Jan 15 Sweets 25 45% Jan 3 49 Va Feb 28 Swift 15 22 12% Jan 3 16% Mar 10 17 3% Oct 1 7074 Dec 23 66% Jan 20 21 14 4% Jan 3 774 Feb 23 Tandy Corp 1 16% Feb C 9 4 Feb 1 50% Dec 20% Sep 29 12% Feb 24% Aug 31, 674 May 34 47% Jan 16 59% Feb 23 Jan 25 87 83 Jan 5 Tennessee. Texaco 674 13% 1.25 Transmission Co 54 70% Jan 69 106 5 7 97 4 217a Jan 3 11 26 26% Jan 4 2474 Jan 11 38% Jun 15 23% Jan 61% Jan 7 37% Jan 3 974 July 13 8 Jan 27 10% Jan 3 22 67% Jan 4 Textron $1.25 29% Mar 17 10 24 Texas & 1 30% Mar 14 Inc Thiokol 1574 Feb 16 Thompson 4674 Feb 16 Feb 24 84 82% Feb 16% Jun May 20 20% Jan 3 20% Jan 44% Dec 7 6874 Jan 6 14% Sep 28 22% Jan 4 15 % Feb 17 19% Sep Jun 22 ;:4 48% 56% Feb Jan 19 6 Jan 5074 Feb 37% Jan 377'a Dec 29- 20 64 Dec 20 59% Jan 10 29% Jan 4 26% Jan 3 31% Oct 24 60 31% Jan 26 21 % Dec 16 39 Jan 11% July 25 19 Jan Jun 34 , 16 ' 39% Jan 22% Jan< 4 4" 4 14% Jan 11 3 36 • * Jan 7" 3 90 18 53% Jan 4 55 % Mar 29% Jan 9 37% Mar 52 Jun 30 Mar 7 May 36 8 44% Dec 2 11% Dec" 20 30 17% Jan 4 1274 Oct 26 18% Jan 22 1374 Jan 4 2474 Feb 29 57 Aug 30 42% Jan 11 2174 29% 30% 29%' 4374 4474 44%- 45% *14 Coal conv prior 14 14 78% 7674 78% 20% 4,400 310 13,000 ■ 29 % 63,100 2,400 29% 30 21,000 44% " 46 Va 48,800 14% 14% 14% 14% 14% 400 76% *1374 ' *83 3174 - 85 *83 3174 76 75 % 76% 76% 77% 8,900 *83 85 ; *83 ' 85 30% 30 26 % 25% 26% 29,600 24 23% 2374 3,100 26 % 2574 267'a 26% 26% 2574 24 24 2 3 74 24 2374 24 23% 5174 1 51 5174 51% 5174 51 % 51% 2774 2274 26 2674 25% 2674 24%* 26% 22 22% 22 22% 22 46 43% 45 74 4474 46 44 50% 51% 22 -7 - 52% 2674 7. par x45 ■ 52% 5374 6,400 25% 31,000 21% 22% 8.400 44% 47 5,900 5274 51 52% 9,100 4974 52% 87 74 88% 88 74 52% 88 % 88% 89 31% 3174 x31%- 31% 31% 37 3674 3774 3 5 74 " 36% 36 36% 30 30 2974 2974 .. 31% 3574- :• '• Steel—No par *28 30 30 ' 1,600 25% '... • 22% 3174 • 30 45 Va -V. 5674 87% 1 85 30% 25 74 . *83 85 3074 x30% 3174 31% 3174 • 15% 31 89% . •. 90 31% 31% 40,600 36% . 37% 104.200 *30 r 2,700 32 700 15% 15% 16% 11,600 41% 41 41% 11,100 Co 15% 1474 15 157(4 1574 4074 4074 4074 41 4074 41 5 4 74 5 4 74 -.' 5474 5474 5474 55 54% 55 2,700 35 74 36 % 36 74 3674 36 36% 37 37 % 36% 36% 3,700 2874 28% 28% 28% 2874 52% *50% 2 7 74 1 — Corp 2 9 74 2 8 74 28 74 2 8% x40%. ' ' : x54% *51 54% . 8,600 53 200 52 52 53 *51 53 1 4974 5074 5074 5274 x50% 5274 5274 53% 51 53% 75,000 par 12 74 1274 1174 12 74 xll% 12 12 12 Va 12% 12% 4,400 42 42 4274 43% *41% 43% 50 50 preferred Co 1474 1 1 common 5 50 Inc.— pfd series of 1957 Film Corp.. Coach 14% 78 87% Corp— Airlines 2874 30% 44% 52 74 43% Mar 14 20% Nov 3074 43 74 _2 20 21 2874 29 74 4474 4—2 Jan 13 % Jun 28 29 i—__1 Co class A City Rap Transit com__No 574 28% 28% < 28 28% 5 Twin TXL Oil 100 97% ' 101 43 74 25 12% Mar 10 Twin 101 28 —10 6 23 19% Inc— Century-Fox Mar 13 19% 29 20th Feb 1974 1974 5 4 14 1974 19% 1974 _1 Jan 9 29,400 19% 2874 No par 5374 Mar 1G 11% Jan, 3374 • 27% 53 36 33 183 % 26% 2 14 25,600 33 182 % 27% 3 28 18574 3174 27% Jan Oct 44 181% 31% 2774 10% Jan 8 18274 3074 • 2674 Tung-Sol Electric Co common conv 17774 3074 27 74 20 5% 18074 26 $2.70 " preferred—— ! 3074 26 Jan 13% Nov May 17 8% July 18 World 181 25% Corp Truax-Traer / 78,200 97 30 40% V 25,100 231% 100 49 % Feb 59% May 27 30 7,600 4074 23 96 25 25% Jan 40% May 27 July 28 3874 39% 23 % 88 — Williams 30 38% 4074 23 95% No par Tri-Continental -Corp 54% Oct 38 3974 23 Va 92 V4 Co_^ Trans 33 Va Nov 3774 40 % 22 74 93%' i Transue 11 3774 39 % 8,500 91% No par Co_. 18% Feb 27 37% 24 93 Bearing——No Realty & Construction 31% Mar Oct 32,500 55% 103 100 42% Mar Jari 83,500 100 % 92 —-7-7.50 Electronic 25 % Mar 14 % 9874 7 *101 Co_ Transitron 50 Va 2374 100 V4 93 common— Edison & 53% 23% 98 Va 103 Co„_ 37% Mar 17 33 28 Oil Transamerica 6 56 2374 100 50c R)___ Tractor Supply Trane Co Mar 17 32% Mar 55 55 2374 24 *101 92% _5 Torrington 28 58.7 Mar 10 Jan 21 3 9 56 2374 10074 "55% 3074 2974 2374 —100 Roller Tishman Toledo Dec - Timken 21 2374 Mar 54% 24 —No par Co $1.20 preferred—; 27% Mar 13 5 4 74 17774 17874 3,200 9,300 19% preferred Tidewater 27% Feb 24% Mar Oct 19%'Jun 64 4% 82 31,300 2274 Mfg Co_ Thor Power Tool Feb 15% Jan 41% Aug 26 23 . 81% 6% \ Common Mar 84 32 23% Mar 29 19 33 1 27 4 247a Jan 2 2074 Dec 83% Feb 26% Jan 79 82 A _1 preferred— (J 81 ; 14 Va 41 7 Thompson-Ramo Wooldridge 70 Va Dec 81 19,600 674 3774 . Oil-—i—10 Trust— Ry Chemical 1574 13% 22% 7 1 common conv 24 15% 674 40 Inc— Co Thatcher Glass Feb 49 , Pacific 16% 14 Va 37% Corp_—5 certificates Texas Utilities Mar 17 2774 Mar 15 3 Nov 2874 Oct 21 7 3 80% Jan Jan 24% Jan 1874 July 22 2274 Oct Mar Jan 86% Aug 25 108 12 share 1574 6% 22 74 2 Sub 1 5% 640 1374 4174 Texas Instruments 6 23,700 674 37 74 26 20% Mar 700 46% 1474 217a Producing Co_„—3374 Sulphur———No par & 48% 46 6% 40 74 Transmission Coal *46 4574 1280 1374 37% Gas Gulf Land 48 4574 80 10174 Gulf Texas Pacific 47 46% 774 1270 6% 100% Texas Texas Pacific 4674 8 147'8 101% Texas 12,300 1280 67a 23% Texas 1,600 8 7% 1274 - 10074 1 109 1250 1235 ' 5 20 1081/4 1574 1260 25 3874 Mar 17 108 8 81 Corp 10774 32,200 1260 80% 1225 ' 35 108% 7% 82% 6% 1274 23% Feb 3 7% 774 81 1 4174 Feb 15% Jan 7% 1 Inc__ 5,600 • ' - 9 — 3 4 9,500 • *108 V 1574 3 . 3574 5 15% 27 19% Jan *35i/8 34% 109 157a Jan 14% July 25 65 Sep 27 25 'A 3474 " 15% 1874 Jan Mar ■■■ 3474 109 4574 35 33% Mar 17 1,700 35 % 53 ' 46% 2774 Jan 196 24% 46% 16 10 24% 48% 14 27% Jan 241/a 46 27 165% Jan-12 • 47% Jan 11 24 46% 1974 Dec 2974 Jan 24 47 37 256 % May 25 24 4674 38% Dec 25 24 74 47 28 20% May 17 ~ 774 25 21% Sep 148% Oct 24 1300 29% Mar 15 15% Sep 26 24% *24 1 Corp Tennessee Gas 7 5474 25% 1250 4 2 53% 25 74 / 26 34% Jan 64% Jun 54 2 5 74' 110% Corp,— 89% 53% 25% 3474 —— TelAutograph 16 10274 Mar Wayne *87 52% 11074 —: 89 74 5374 2574 4.16% Co.L—i.—— Symington 1 25 Va Jan 6 24% Aug 25 Feb 84 of Co & *87 > 53% 25% 30 Talcott Inc (James)— 6% Jan 24 Jun ' 8974 54 i—25 America— Jun *87 , 25% •—10c 51% Feb 39% July .26 11% Jan 14 44% Feb Mining Co6_ 89% *87 16% , 53% il2.50 Inc Jan 9% Jan 89% xl6 74 7,900 35,700 . 2574 , • 25 preferred series A_ pfd series of '55_ 2nd 27 *87 No par common.l. Co 17% 16% 9,800 461/4 23% 17 370 66% 33 331/4 29% 47% 20% 16% 2,900 16% 27% 48% 1 common-- $4.50 series A preferred Oil Co— : Mar 10 87 5 Chemical • 307 65% 33% 5,500 23 29% 47% 20% 2774 2774 28i/4 28% 1 Corp.—_ 311 ,651/4 >65% , _5 2 Corp— 1348 '/. 7% 15,900 , 21% Co— 19 1 1,100 16,900 . 28 % Fuller & Sep 5% Jun 17,300' ■ , 5 Baer Sunshine 855 2,200 80 27% • 11,100 „• t Stokley-Van Camp Inc common—4 5% prior preference 20 Stone & 3 3 7,300 Stix ' 85 29% 8 3 4 Feb 3.100 8 17 3 80 38,400 Mar 17 4 13%' Jan 100 .t 13% 26% —2.50 Corp Feb 4 7 6,000 . 26% 64 * 8 18% Sep 85% Oct 1 188,000 ' 26' . ' 12% Jun 40,100 . 45% 5474 Stewart-Warner A: 30% Feb .45% Mar 17 4 r *85% 4974 44% 54 54% 57 ' Sep 491/a > 20'% 87% 26 49% <4474 13% 56% 27% 14 64,300 x20% 80 27% 137,100 51% 8,300 3 0 74 30% 26% ' 32% Mar 31% 1 Inc. Co 31 13% 39% 50 31 78 31% 56% 3874 49% , 2474 31% 20 300 39% 470 .*70 >•% 25% "70 5% 1 19'/a Mar 16 3 29 & 78 *5i/8 54% - 87 • 24% 5% 15,300 - 21% Mar 6 529 (J P) 17 *70 ——5 -15 Drug Inc Stevens ..31 3 7 24% Jan Sterling 29% Feb 27% Mar 4 15 46% Dec 22 22 • , *85%. 24% 15% 44 54% 31%, 100 Sterchi Bros Stores Inc— 88% Mar 10 , 88 24% 15% 49% 44% 30% 1 . "•85% : 78 5 common preferred •'- " 1574 48% 49% ' 76! 38% ; 26 S_-—.No par L 87 - 25% 31 % ——5 Co - *72 " 25 167/a Jan 6% Dec 20 preferred convertible preferred i.—20 Pressed Steel Co—_1 Stauffer 9 15 4 33 Va Jan 1 preferred.:: convertible Starrett 3 78% Mar 7 87- 24% com. Stanley Warner Corp. Stanray Corp Mar 15 22 60% Feb v 100 Corp Standard 27 14% Mar 16 71 Va Dec 6 6% 27% Mar 32% Feb preferred series A $1.20 31% Mar 1 3 Jan 82 27 3%% Standard Packaging $1.60 convertible Mar 32 % Mar 27 21 % Mar 25 20 44 Va Mar 24 22% Oct Feb Feb 26 % Jan 65% Jan 16 May 11 45% Nov 9 ;77 27 25 76 Jersey Ohio 56 *75% , ' 48% ■ Shares 55% 76% 5% ■' 38% 48% 3 Industries-,___1 56 the Week 15% 5% 36% 3 5 34 15% *5 74 5% 48 54 24 15% 16 *5% 48% 40% Jan 19% Oct xl5% * 5% 34% 84 26% Dec 16 48% 8 4 5% 48% 4 40% Jan 15% _ 35% 4 25 1 Co—.__10c Corp 47% Mar 26% Oct 76% 47% Jan 13 55 74 25 89 Jan 5574 75 74,~ 7674 Indiana— 56 367/a Jan 55% 76% of 50% Jan 102 55% 76% Standard Oil Dec 6 55% 76% Standard Oil of California——6.25 38 25 55% 76% 51 Va Mar 17 30 20 Va Oct 55% 51% Feb 4 47 % Dec 62 % Dec Mar. 17 6 51% Jan , Friday Mar. 16 No par Electric Sales for Thursday 5 1 May 16 ■I.' PRICES Mar. 15 Standard Kollsman Jun 1 SALE Wednesday Mar. 14 39'/a Mar 16 35 44% May 31 83% Nov 25 HIGH Tuesday Mar. 13 corn—No par inc Financial & AND Monday Par $3.50 preferred_.— 40 , '* STOCK EXCHANGE 30 Va Jun 10% May 11 4% Mar 1 LOW • Range Since Jan. 1 Lowest Highest " . *41% 30 43 74 *4274 43% 13 74 13% X1374 1374 1374 13% 13% 13% 13% 13% 4,800 20 74 _1 1 *51 2 1 74 2 0 74 2 1 74 2074 2174 21 Va 21% 21 21% 37,300 1474 14% 1374 1474 13% 14 Va 14 14% 11,500 4674 4774 4674 47% 4574 48%, 48% 5274 43,900 8% 874 8% 8% 8% 874 u 30 12% Mar 1 774 Jan 3 29 Va Oct 25 43% Jan 4 33% Jan 4 106% Oct 25 148 Va Jan 674 Nov 15% Feb 23 > • 52% Mar 17 9 Mar 15 38% Feb 28 130% Mar 17 6 116 Jan Jan 4 39% Aug 19 39 Jan 3 87% Jan 6 96 92 Jan 30 95 Jan 9 74% Jan 20 75% Jan 12 Feb 24 Feb 2 32 Aug 15 4 4474 Feb 9 74% Dec 29 78 Apr 68 Va Jan 5 75 Aug 16 71 77% Jan 7 85 Aug 19 82 33% Mar 8 47 Nov 16 42% Jan 27% Jan 32% Feb $3.70 series $3.50 series Preferred $4 series 17 874 Jan Preferred Preferred 5474 Mar 10 31 • 25 , 8 Jan 5 4 8% Aug 2 25 % Oct 21 32% Jan 6 19% Oct 26 24% Jan 13 25% Apr 5 37% Jan 4 3274 Apr 20 25 Sep 7% Jan "22, 88 May 10 81 May 17 2374 Mar 24 Mar 17 Nov 8 9 46 Va Aug • 8 Jan 29% Jan 36 Jan 24 20 3974 Dec 20 Union Oil Union Pacific $4 Union Twist 1 3 7 Feb 7 30% Jan 4 4% 7 94% Feb 39% Mar 17 36% Jan 16 106 45% Mar 2 27 Apr 18 18% Feb 1 23 Jan 16 76 Jan 25 60% Jan 4 6874 Feb 20 29% Jan 18 28% Nov 40% Mar 16 Feb 23 7% Jan 12 Jan 3 8 Nov 17 44% Jan 3 52 1 22 Va Jan 6 15% Jan 3 19% Mar 10 5 31% Jan 24 Va 14 Mar 21 7 38 Aug 1 46 15% Dec 31 7 Mar Feb 8 Mar 7 3674 Mar 3 6 17% Jan 3 2774 May 20 34% Aug 30 33% Jan 24 19 5374 Jan 25 52% Jan 4 64 Jan 25 16 Jan 3 18% Feb 20 22 Feb 21 1% .Tan 11 14% Dec Jun 29 20 16% Apr 19 1874 Jun 28 17% Jan 3 Aug 4 174 Jan 11 U Jan 3 16 :> % MarlO 72 % Mar 17 Apr 12 6474 Jan " 4 54% Jan 16 3074 Jan 27 33 Va July 8 30% Jan 3 32% Mar 43% Jun 16 37% Jan 3 47% Feb Z ' 4 1 9 50 30% Mar 4 4 92% Oct 18 Jan 4 94% Mar 23% Sep 29 30% Jan 4 24% Jan 3 29% Feb 2 Oct 25 74% Jan 4 4974 Jan 6 56% Feb 28 83% Jan 42 For footnotes, see page 93 28. Drill (series of 1955) conv 1 - v- -• 125% 3574 37 127% 43% 127% 43% 4374 931/4- 44 43% 94% 75% 86 941/4 73% 74 7474 *85 Va 5474 31 *74 80 *74 86 52% 94 ; 93% 80 *74% 87 *85Va 52% 3174 52 74.' 53% 31% 30% 3174 93 Va 36% 129 43% 94%, 8,500 37% 17,600 130% 22,400 43% 43% 12,000 93% 93% 260 36% 130 *74 80 *74 80 7474 *73 Va 74% 74 * 80 190 74% 85 % 87 85% 85 Va 40 53% 52% 53% 53% 5374 27,200 31% 30% 31% 31% 3174 47,100 21,400 87 8 Va 8 8% 8 V4 8% 8% 8% 3374 3474 34% 34% 34 34% 33% 34%, 32% 34% 23 54 2374 x23% 23% 2274 2274 2274 23 22% 23 4074 41% 40 % 40% 401/4 40% 4074 4074 40% 41 % 21,600 39 Va 40% 39% 4174 41Va 41% 41% 42 41% 437/a 61,800 8 5 19 5 102 pfd_100 8 8% 110 *103 9274 9274 37% • *103 110 91% 37 X37% s103 106 106 *103 16,100 1,600 110 *9174 38 9274 91% 91% 92 371/2 92% 38% 3874 39 % 38% 3974 34,900 41% 42% 92 12,200 1,500 44 Va 4474 43% 44 Va 441/2 45 4174 44% *20% 20% 2074 20% 20 Va 21 21 21% 20% 21 66% 66 Va 6674 67% 67 Va 68 67% 68 67% 68% 36 36% 3674 3874 3874 3974 39% 40% 39 40% 13,700 8 Va 20,000 774 8 774 8 774 8 1,200 49% 50 50 18% 1874 18% 18% 18% 187/a 4,600 23V4 22% 23% 23 24 % 23% 24% 50,500 3374 3474 34 35 % 33% 34% 25,100 *62 Va 63% 62 Va 63 62 62 Va 17 17Va 17% 17% 20 % 20% 20% 21 1874 18% 22% 2274 22 Va 3474 35% 33% 35 64 64 63 % 6374 17% 17% 17 17% 20% 1% ' 49% 1874 19 2074 8 3,100 49% 49 20% 7% 8 1,700 i *4874 4974 49 49 5 United Engineering & Foundry—5 United Fruit Co No par United Gas Corp 10 United Gas Improvement Co_—13% United Greenfield Corp 10 United Merch & Mfgrs Inc———1 United Park City Mines Co—1 United Shoe Mach common 25 6% preferred 25 US Borax & Chemical Corp com.l 4%% preferred 100 U S & Foreign Securities —_—1 U S Freight Co No par 44 36 37 127 % 9 ' conv Coal Cos 36% 12574 94% 10 common 3674 4374 —No par Co—. (series of 1956) United Electirc 28 46% Apr Co 8% 12674 *74 25 common—10 Co - 36 Va : preferred 8% 124% pfd_10o United Artists Corp —1 United Biscuit Co of Amer__No par United Board '& Carton Corp 10 United Carbon Co No par United-Carr Fastener (Del)—2.50 United Corp (Del) 1 4% 7 54% July 25 RR Car United Airlines Inc United Aircraft Corp 16 4 non-cum 14% 48% 8% No par No jbar tNo par California. of Union Tank 6 Mar 86 15 8 Jan 102 Aug 24 35% Dec Mar 44 V8 Feb 3774 Jan 22 Mar 43% Feb 34% Jan 10374 Aug 25 97 74% Mar 15 86% Mar 14% 47% Udylite Corp (The) 1 Underwood Corp— No par Union Asbestos & Rubber Co 5 Union Bag-Camp Paper Corp—674 Union Carbide Corp— :No par Union Electric Co common 10 Preferred $4.50 series——No par 17 2074 1% 69% 68 6874 32 32% *32 32'/a . 20 Va . 20'A * 1,100 2,000 17,100 1% 16,400 6874 70 6974 71 71% 72% 9,200 32 32 32 Va 32% 32% 32% 1,640 4474 43% 437/a 9,300 94% 1 Vb 1% 1% 68% 17 , 1% . lVa 1 Va 1% 43% 4474 43% 441/4 4374 44% 42 Va *9374 94% *9374 94% *9374 94% *9374 94% *9374 2874 28% 2874 28% x28Va 2874 28% 28% 28% 2874 3,300 52% 537a 53% 5374 54 54 54 % 55 56 8,200 ' <• 54 '28 (1248) The Commercial and Financial Chronicle . . . Monday, March 20, 1961 NEW YORK STOCK EXCHANGE STOCK RECORD Range for Previous STOCKS Year 1900 Lowest NEW 25 Dec 100% Jan 4 115 Feb 27 19, 85 % Oct 148 Range Since Jan. 1 Lowest Highest 116% Jun 13 161 153% Mar 8 157 Feb 6 3% Dec 8% Jan 8 ! YORK 4 4 Jan 6 17 Jan 3 1% 6% Mar 12 US Gypsum 22 % Mar Co 7% Oct U S Hoffman 5% 13% Jan 6 7% Mar • 8 20 y8 Oct 9% Jan 3 Jan 22 35% Jan 17 38 Mar 30% Sep 8% Sep 4 29 15 40 24 25% Jun 1 36% Jan 5 35 Feb A 7% Jan 3 ' 30 5 22% Mar 25% Nov 30 35 Jan 4 26% Jan 10 50% Jan 19 43% Jan 25 75 26 78 Aug 31 26 64 Jan Jan 41% Oct 144 Jan 33 26y8 Jan 25 75 Jan 25% Jan 6 "77 3%% 17 Jan 159 Feb 27 Apr 27 35% Mar 3 39 y2 Jan 36 % Apr 12 20 3 32% Feb 8 45% Dec 22 50% Sep 19 45% Jan 4; 49 », 69% Sep 28 103 % Jan 5 75% Jan 3 90 139'/a Jan 4 Aug 25 141% Jan 3 147 .;.: 8% 19 21 • 47 i 32 Jun 148 26 y4 Aug 15 34% Jan - 14 Jan '23V4 Jan 25 J 6 37 y4 Nov 10 35 Jan 36% Jun 23 29% Jan 24 y2 Mar 29 19% Jan 10 Jan Jan 30% Jan 10 1% May 15% Jan Feb 9 13% July 11 51 y2 Jan 4 30 34% Dec 12 11 21 15 2 26 148 6* Jan 41 y2 v 15 7% 28 United Whelan 9 162 Feb Jan Universal 13 62 3 Apr 21% Oct 24 33 % Dec 23 30% Jan 4 5 53 % Dec 29 43 % Mar 7 54 Jan 10 78 y8 Jan 3 85 Feb 8 48% Feb 28 8% 49 Ve Mar 14 28 y4 Jan ' t 84 70% Feb 16 16 62% Jun 30 % Oct 25 38 ' Aug; 18 13 Corp Corp_— Co 23 Utah 27 Vanadium-Alloys & Light *160 Steel Corp of 56y2 Aug 31 89 Aug. 10 85 convertible _ 34% 34% 33% 34 23% 23% 23% 24% 14% 12% 14% 12% 13 _ $4.12 preferred 9% Jan 4 13% Feb 6 Vulcan 13% Jan 4 16% Feb 3 5% 94 Mar 8 5%% 1 6%% 87% Jan 3 98% Jan 6 • v • ..." t.i'f-j! . .. > 62 80 May 13 i 1 30 18% Jun 45 Jan 14 35% Aug 4 27% Dec 23 60 % 79% Jan 0 24 % Feb 10 8 11 Va Jan 9 57 Jan 4 38% Jan 6 : Aug 24 40% Dec 6 Dec 19 30 Nov 1 15% Jan 21 15% Jan 15 81% Dec 15 89 % Jan 7 27 10 Va Jan 18 54% Dec 26% Feb 4 9% Nov 14 7 5 Sep 37%vMar 9 27 15 Oct 51 Feb 8 29% Sep 20 21% Mar ./ 34% 35 35% 34% 35% 34 34 1,700 22 % 22 23% 23% 24% 24% 24% 9,300 61% 63% 62 % 64 60% 62% 62% •63% 63% 35,300 60% 58 60% 58% 59 59% 62% 62% 63% 56,000 39 39 40% 40 40 39 39% 39 41% 116% 116% 114 114 54% 54% 54 preferred_100 Co 115 116 8 53% 100 com 105% 54% 100 _ Co 100 —_:1 common preferred - *85 86 % 90 *88 90 87 *86 % 87 *86% 87 *86% 87 12% 13 12% 13 12% 13 87 12% - • 16 % 92% 12% 13% 102 16 16% 16 92% 92% 102% *101% Wabash RR Wagner Electric 7 Waldorf 73 7 ,/ 2 Mar Walker 46% Mar 17 40 Mar Wallace 9 Walworth 12% Jan Ward Jan K 86% Mar 16 6 Jan 3 10 % Mar 16% Jan 3 64 19 6 28 Vb -28% 27% 28' 27%' 28%' 12% 13% 131/4 13 v4 13 .13%' ^_10 70% 70% 70% 70% 70% "71 v-j 71 No par 44 % 44%" x44 % 44% 44% 45% ,50c 35 37% x35 •v35% 35'/«, 2.50 10 y4 10% 10 10% 10 12 12 y8 12 VB 12% 12% ,! : g Co W & Inc — Baking Co A 6% 1 common- preferred Ward ■ *83% 14 Industries ..—100 • 86 y4 *85y« -87 1 10 10% 9% 10 5 64% 64% ■•■64% 10 21% 21% 21 Pharmaceutical—1 79% :. 80% 43% 43% Corp— . 67% Mar 16 Warner Bros Pictures Inc__• ». 85% *83% 85 Washington Gas Light Co Washington Water Power par 66 y2 67' No par 47% 48% 23 Waukesha ; 37 y8 37% 25% Jan 6 30% Feb 16 4 Vb. Jan 4 15 98% Aug 30 , 4 10% Jan 4 94 Jan Jan 14% Feb 3 87 3 23 10 89 % Feb Jun 20 82% Jan 17 89 56% Jan 4 36 Va Jan 31 93 25 29 Mar Knitting West 3 4.10% 6 West Va 98% Mar 8 35% Jan 4 19% Jan 4 24 % Feb 9 Western Air 41% Jun 17 35% Jan 16 41% Mar 9 Western Auto 96 19 98 26 98 May 11 July 29 37% Jan Jan Jan 4 y2 % 27 4.80% Lines preferred 31% Jan 36 24 % Jan 28% Mar 17 Western Pacific 57 13 39% Jan 51% Mar 17 Western Union 21% Oct 25 32% Jan 5 26% Mar Westinghouse Air Brake Oct 25 65 Jun 10 77% Jan 4 89 y2 Aug 18 38% Oct 45' 102 Jan 22 Sep 6 28 62% Jan 92% Dec 22 98 Jan 40% Feb 50 104 Feb 8 52% Feb 28 3 96% Feb 27 3 32% Feb 24 73 Feb 24 65 Feb 9 55% Feb 21 Sep 2 July 26 34% Jan 22 27% Jan Mar 70 28 68 Jan 10 44 37% Mar 14 Oct 14 6% Nov 48y4 July 21 8 Jan 3 6 40% Jan 3 Aug 31 99% Jan 9 7% Jan 3 102 14'/« Jan 24% Nov 15 . 8 27 y2 July 12 Dec 27 52% Jan 18% Oct 21 28% Jan 36 92% Jan 67% Jan 31 98% Oct 36 I 1 8 37 Oil 3 49% Feb 15 Wilson & 5 84% Feb 17 4 42 27% Jan 10% May 11 15% Sep 8 25% Oct 31 29% Nov 21 36% Apr 29 43% Sep 14 41% Jan 6 Jan 25 127% Sep 29 31 % Aug 17 122% Jan 41% Mar 15 25 ' 25% Feb 9 22% Dec 2 30% Jan 8 41% Oct 10 80% Mar 10 59 Mar 78 Apr 7% Nov 26 % Oct 10% Mar 10 26% Feb 13% Jan 14 $4.25 Windsor Winn-Dixie Wisconsin 33% Mar 16 3 29% Feb 20 July 11 66% Jan 17 74% Feb 17 66 Jan 4 49 Jan 3 95 Oct 13 87 Jan 3 101 Dec 23 95 Jan 6 10% Jan 14 8% Feb 16 7 38 3 Jan 6 2.'% Jan 28 37% Jan 6 23% Feb 138% Jan 4 88% Jan 3 JQH.Jan 3 25 27 Aug 26 67% 67 67 66% 67'A 66 66 48% 48% 50 49% 49"% 49% 50 37 37- 36% 36% 36% 37% 29% 29% 29% 29 % 29% 29 Va 1,200 5% 5% 5«/2 5% 5% 5% 10,900 29 ' 5% - . - r *29 12 y8 12% 12y8 12% . 12 VB 100% xlOO'/u 100 Vtt *99% 39% 40% £8% *89 *96 91 12%, *85 y2 86l/2 86% 39% 39 %. 40 Vb *88 > 91 97% *9T'/2 98 Vz 21% 21 y8 21% 21% 21% 21 22% 40 39 Vb 39% 39 Va 4oy8 39% 40%, 97% • *96 *96 97% *96 97% 48% 46% 47% 48 % 49% 49% 10 25% 35% 25% 35% 25% \ 40 97% 40 22"% 10,200 40% - 98% 22%: . 40% 3,100 *96 97% 97% 35 35 35 35% 36 26% 26% 28% 20,400 49% 50% 51% 65,600 25% 25% 25% 19,800 44% 44 44% 168,800 87 85% 85% 25% 25% 47% 44% 45% 43% 44% 44% 87 86 86 85% 85% *85% 100 *105 108 *105 108 25% 27% Mar 15 3 3 19,400 500 500 ' lo 49% 95 S) 95 31% 80 50% 31% *68 ' 20 " 1 - 75 59% 57 53 53% 50% *95 *105 51% 75 53% 53 95% *94% 95% 31% 30% 30% 75 54% 100 ' *70 y. 55% 51 % > 55% 52% *101 % 103 7% 8% 8% 26 40 25'% 25% *25% 50 7% *25% *39 39 39 41 23% 24% 24% 25 48% 47% 47% 47% 48 43% 44 43% 51% 41% 24% 44% 1 • 20 7% *105 52% *70 56% 53 108 51% 30% 31% xlOO *105 51% 94 % 95 % 30% *70 108 50% 100 100 % 100 9% 57 25% *40 % 9,600 95 % 270 30% J 52'A 8% 26 52% 94% 30% 10,200 *70 74% 101 108 51% ; 57% 51% 101 v: 9 74% 597/8 7,000 53 9,700 70 101 8% 8% 18,500 25% 25% 25% 300 41 40% 40% 700 25 25% 25% 26% 8,700 47% 48% 48% 49 7,000 45% 8,900 23% 5 47% No par No par 43% *82 10 common 36% 38% 37% 38% 37% 38 37% 39% 39% 39% 2,000 11 11% 10% 11% 11 11% 11% 11% 10% 11% 4,900 29% 58,400 Inc 10c Inc__ Power 27% 1 Co com 43% 10 100 Public (F _ 1 Stores Iron _ 300 36 44% 5 S _ 14,500 34% 87 ■ 260 85% 39% 4,200 , *34% 100 25% 1,400 12% 91 85% *97% --98 % 3,400 10,800 100 % *88 - 7,500 34.200 '• 1,300 % 12% 86% 39 y4 • 91 23% 100% 100% *88 • 22 22% 5%> 47% common Service Co W) Corp 4%% preferred & Towne Mfg Co Young Spring & Wire Corp_^_ Youngstown Sheet & Tube No Youngstown Steel Door No 27% 43% *125 *81 27% 27% 45 45% 45 *81 83'A *81 28% 28% 83 29% 29% 44 44% 44 44% *125 126% *125 126% 33% 32% 33 43% 126% 84 - 44% *125 447/8 126% ___ 8,100 ■ " 32% 32% 32% 32% 33% 33 28% *28% 28% 28% 28% 28% 28% 28% 28% 1,000 70% 70% 71% 71% 71% 70% 71'A 70% 707/8 12,400 58% 56% 58% 56 56% 57 58' 56 % 58% 91 % *106 5 Yale 84 70 57% 100 No par 27% 43% *81 28% / 10 series 43% 84 A 32% 10 ——_10 common—- < 126% *125 10 ; Co Corp Wrigley (Wm) Jr (Del) Wyandotte Worsted Co 34% Mar 14 21% Feb .:'i 48 y8 25% preferred Inc Elec Worthington Prior 16 Mar 5,400 80% 25'A Co Woolworth 2 108 67% 44% 36 : Woodward 13 Feb 66% 79% 35% preferred Wisconsin 3 10% Jan 10 25 91% Feb 115 3 19% Sep 59% Mar 67%" 43% 25% 100 Industries 17 3 19,000 44 x36 Inc.. Co 14 6% (The 110 10% 80%." x34% B 6,400 , 10 44 40% •" 87 10% 44 36 preferred Feb 29% Jan *85% 5,400 39,200 :.. 79% 39 % 35% 35% 21% 2.50 Co 29% Mar 17 22% Jan .' • 2,800 80% 35% common convertible 46% Feb 129 86% r 9%. 25% preferred Machine Wilson-Jones 10 75 1 $3 9 8 84 % Oct 18% Dec Mar 86 •• 35% preference. Wilcox 79% Jan 119 Prior White Stores 41% Jan 8 7" 39% No par Mfg White Sewing 13 20 83% Aug 18 28% Dec 29 •12% 25% common Co 26% Mar 17 22 10% 11% 25% preferred 50% Jan Dec 9 5%% 5 45 11 White Dental White Motor 3 32% May Jan > 4 Jan 10% 12%- 35% preferred Jan 21 35 10% 12 21 common_6.25 series 4% %. convertible 45 Oct May 27 $5 Whirlpool Corp MarlO Jan 35%, 10 '/a.. 12% 25% Wheeling & Lake Erie Ry___ Wheeling Steel Corp common 9% Mar 15 26 Electric preferred 20% Jan 4 48 79 103 25% Jan 30 31% Mar 10 23% 3.80% 3 64 35 VB' ioy8 No par RR Telegraph Westinghouse 2 105 7,000 ' 10 23 42% Jan 6 Sep 6 Jan Feb 22 2 Mar 14 88% Jan 10 85% Mar 15 103% Dec 28 41% Sep 35% Mar 13 46% 21% 86 y2 *35 31% Jan 46% 78% 86 y2 Western Maryland Ry com__No par 4% non-cum 2nd preferred 40 6 ' 100 V* 100 *96 6 46 437/b 86 y2 100 14 3,200 45%" 11,700 ■ 21 Vb *97% _5 com 70%" 81% 91 r. 70% 43% *85% 1 Co 12% 12% V: 79' 5% 99% 71 43% *89 100 Inc Supply Jan 37 4 29% 5% 4 , preferred— 25% Dec 16% Apr 29 1 4 31 28% May •37y», Pulp & Paper common—_5 14 16 37 5 —x_ 84% 28%" 67 5 Power 4%% pfd -:_100 preferred series B •_=—100 preferred series C 100 17 Nov Mills Kentucky Coal Co_ 4.20% 17% Nov 93 Co Corp— 29% Feb Jan No West Penn 21 42% Jan 97% Sep Wayne 100-% Mar 15 No par Motor Welbilt 9 5% Mar i Co D) *83% V 13% 21% 50% Mar 17 20 —2L (S 85 v 67 38% Jan 17 vr*>y ■ 27% 67% 5 92 % Feb '£ 13% 66% 3 26 '«! 1 66% 30 Va Jan 30 % Oct 4 .■••>) f • 9Va 41% Jan Co Warren *83% i 91/8 4 .86 50 10^/2 35% *85% • 13 1 "85 ; 44% Sep 19 700 180 "/ i 7 85% 45% Jan 78% Jan 16% 92 101% 29 y„ 27 Oct 16 . 102% 13% 38% May 25 Jan 90 11,900 92 16% 93 *101% r.27% Feb 89 16 92 % - *83% 68 17 . 100 3 1 94 102% No par . 53 V* Jan 4 v . 15 • Tiernan & 10% Mar 13 K 5 preferred Corp (Hiram) 3 52% Jan 4 V2V0 System Walgreen Co_. 22 29 • 16% *92% *101% 93% 101% - *86% 13% 16% _100 100 86% *88 *86% 16 J *85 90 54% Nov Jan 20 86% *88 Warner-Lambert 9% Dec 540 *85 88 Warner 82 % Feb 106% 86% 88 Mar 87 105% 105% ■lt'1 28 82 J 14 1,100 16,500 *85 81% Mar 14 7% Jan 104% 56:' 88% 23 % Mar 17 30Va Jan 105% 6,900 55% 85 47 1 55 k 28 29% Feb 8% Jan 2 Dec 53% 118 87 " v - • 3 4 54% 115 - 106% 9 23% July 14 115 106 Jan Dec 105% *113% 62% 106 34% Feb 30 6,500 34% 22 % - 13% Mar 85% Feb - 10% Jan • 81% Aug 23 . 1,400 12,400 34% 30 4 4,800 22% 37% Jun 45 % May 1,400 w 1 44% Jan 11% Dec • 48 y2 38% _ _ Materials _ convertible ; • . n touti* ■» V" • ■ 25 Dec 23% Nov •• itvy 46% *82% . - AA 47 % 58% preferred 8 14 47'/a 1 com preferred 102% Mar 94% Apr 471/2 85 83% Feb 102% Apr 46 *82 % 83 34% _lo __ preferred 8 46 22% 2—5 _ 45'A *82 »/4 83 1 preferred $4.20 15 89,700 35 7 24 Jun 81,500 46 1.25 Power 4 Jan .>*••• & 21 84 % Dec Si Elec Jan 19 58 % 43" 23% _ partic 86% Feb 2 95 dividend 90 8 56% 47 y8 13% — 9 7% Oct 46% 50 57% • 34% Associates Co— 8 13% Jun 45% 23% preferred Inc Co Jan ,. 54% 46% 13% 106 % Aub 90% Aug 16 15% Jan 4 55% 44% 33% 4 v 54 y4 49 y8 23% 28 18 57 */2 46% 7,200 7,300 162 13% 54% Dec 23 54% 48% *160 23% 26 82% Jan 58% 46 162 33% 34% Jan 82 % Jun 160% 12% 28 $5 162 41 % 23% 113% Dec 21 *160% 39 ' 33% 22 Mar 40% 12% Apr 85 160 14% 38% 40% 23 Virginia Carolina Chemical 107% Feb 27,200 15% 37% .-38% 40% 33% Vendo 3 14% 14% 38 40% '■ 1. 63% Mar 17 7 -15%- 37% 40Va " , 200 5 Co America 41 % Mar 17 Mar '100 200 13 Jan 19 y4 35% 11 85 160 14% ■ *18% 35 Va 44 Va Jan 103 15 y4 19% 35 % 34% Jan 24 162 14% 18,300 J18% * 35 y8 20 85 19 Va 16,1004 : 35 28 29 *18% 44% 35 39% Dec Jan is% "37% 41% 35 y4 51% Dec 99% Jan ♦18% 30% 37% 45% 34% 9 80 19 29% : 37% y4 44 34% 35% Mar 15 Virginia -29% *36% 45% 33% 25% Feb 7 29% 37% 44% 12.80 Co 3 56% Mar 29% *36% 46'% 2,200 42,900 6 27 29% 37 % 45% 58,600 • 58 19% Jan 49% Jan 29% 37% 46 1,400 89%, 83 28% Jan 6% 29% 37 48%' 147 57 2 21 88%. 146% 83 28 Feb 88 y4 58 % Sep 120 48 y4 86% v- 82,% 22% Sep 13 U8 48 »/4 146 y2 146%. fl46% 86% 146% 56% 36 Feb 48% 84% 146% 57% 14 107 x48% 85 y4 146'% 83 12 79 29% 49 y4 84% - 55% 19% Dec Varian 2,000 12,700 55% 26% Feb Mar 14 1,550 31% 19 - Van Norman Industries Inc com_2.50 64 v 38% 30% 54% Vanadium 4 157 38% 31 y8 30% 38% 54% 14% Feb 46% Jan 156% 1571/4 5 45 y4 24% Mar 17 20 20,900 53% 37% Jan Raalte 9,200. 53% *82% 3 $2.28 2,500 45% 1 2 Van 20,700 30% .V ,—100 com : 3 9 25% 30*A 45' ———1 preferred—: 38% Feb 10 9 52% : 45% 1 Inc 100 4,800 • *75% : 77% 37 —2.50 Upjohn Co— Power -V —100 Universal Oil Products Co 4%% •49- 86% 146% 29% 37% 1 Universal Pictures 49 y4 85% 40% 3 67% Jun 38 37 Jan • ,156% 38 ;• 31% 39'% preferred *8% '24% 78 •• 34,300 ' 33% ' 157% 29% 15% 12 % Jan 24 25% 50%'"52% 37% 40% 18 24 *76% 38 38% 30 V* Jan Oct > •■ -30%; %■'"''' 45 %• 29% 14% 5 31 156% x44 ■ 37% 37% 5 38% Oct 157 y2 :r- 29 * 29% 40'% Jan 21% Mar 156 y4 •- 38% :146% s30c 15% Sep 44 50 y8 Corp-'-—_1 .34% Jan 5 51 50% . 12% 38 - 33%: • 30% 78 ■49% com_No par —— 5 11 *76% 78 9 24 % > 30% 46 *76% 156%' 49% • - - 1 • 20 15% Oct 24%- 45% • *8% - • 1,300 ' No par Jan 29% Dec 9 30% . 51 49% 28% preferred^._25 Tobacco Leaf Universal Match 58% Mar 16 33% Mar 10 21 Jun - 30% 46% 78 J56% 37% - —-50 Corp Universal-Cyclops Steel 9 17 • —116% common 15% Feb 41 % Mar 17 51% Feb ^.100 com—-50 Pharmaceuticals—1 & 39% Mar 153% Jan 41% Feb Co 3 17 '$ *8% *37 33% Vi.33% 15,300 21% y4 12% 12% - -38 *36 :'>■ 110 5% • 21 • 14,600 156 5% ■ 2iy4 12% ' ' v Shares *154 5%: 21 • 33 y4 .,-•24% 24% 155% ■'C 5% • the Week Mar. 17 108% 111 , 109% 12% 32% , • a 38 *36 9 30% 21 12% 37% 45. Vs. '1 46% *76% 21 .•■Friday Hi 155% 5% 33% ,24% "... -31 •' 46 *36 25% 31 ... l_t00 non-cumulative U S Vitamin 3 21 " —5 Corp common. United Stockyards 80% Jun 4 . ,.'.24.% •, " 1 100 preferred-—--. 24 159% Nov , 5 B_; Min & 20% Jan 14 *8% 1 1st preferred Ref U S Tobacco • »46% Mar 14 ' 26% Dec 29 Mi Oct 9V4 *8% 5% 12% 32% -_-5 —„ preferred-i—J 7% ' 24 32% Corp^_—i.——1 Smelting U S Steel 3 37% Feb 3 8 Mar 10 Mar 37% 32% Co___— common series 12% 37% Mar. 106 y4 155% 20 Sales for Thursday 108 *153% 5%. *19 12%' 12% 106 PRICES •, V * Mar 17 30% Feb 9 3 U S ' 21 1 common non-cum US Shoe *20 5% ,• Mar. 15 155 SALE HIGH Wednesday- 108% ' 155 5% 5% 1 106 155 50 1 Co Corp Co *153% ■ —10 preferred ' •; 2 common Mar. 14 107 y2 ,111 < 50 common Card U S Robber 9 Nov 25% Dec Inc Foundry U S Plywood 53% Mar 17 3 149% Jan 2 23 / -• Tuesday Mar. 13 common—82y2c preferred US Pipe <fc U S Playing 30 Mar 33 48% Feb 5 46% Jan 5 *157% Aug 11 4 7 4%% 24 4 preference Co Monday . 1-100 preferred series A U S Lines 8% Feb 3 40 % Aug 4 y2 v!o Par common Mach class U S Industries 13% Mar * preferred— • 34 % Nov LOW AND : STOCK EXCHANGE 31 % Feb 20 15 % Dec Aug 23 Highest 10 5 91 % 107 9% 33% 90% 90% 91 % *89% 106 V* 106% Xl06% 107% 105 % 9% 9% 9% 9% 9% 34% x33% 9% 34%. 34% *90 24% 24 par 102% par 20% 24% 26% 103% 102% 103% 20% 20% 20% 116% 117% 117% 34 21 26% 103 33% 91% *89% '91% 105% 106 106 9% 9% 34 - 33% 4,800 8,400 20 2,000 9% 3,200 34% 11,300 27% 26% 26% 104% 103% 104% 104 105% 13,000 21% 21 21% 3,200 21 21 26 % 27 6,600 z 89% Feb ♦Bid and 17 129% Sep asked prices; 1 no 97% Jan sales on this 123 4 day. r Cash Mar sale, Zenith 6 wd When Radio Corp distributed, x Ex-dividend, 1 y Ex-rights, 116% z 117% Ex-distribution. All preferred 120% issues are 119% cumulative 122 unless 120 otherwise 121 indicated. 19;600 Volume Number 193 6039 . . The Commercial and Financial Chronicle . (1249) Bond Record from the New York Stock The FRIDAY—WEEKLY—YEARLY italic when letters the bonds the In mature. column headed Figures after "Interest decimal Period" point represent LOW GOVERNMENT BONDS Range for Year 1960 Lowest -'t,'Highest 86.8 11 Apr 96.12 Feb 86.8 Lowest V' . • NEW Highest Mar 8 Mar 89 ;V 8 one AND In or each HIGH . Tuesday Wednesday Mar. 14 Mar. 15 Low Low High Low High of month point. a SALE PRICES Monday Mar. 13 1 . the case 32nds more Thursday Friday High Sales for Mar. 17 Mar. 16 Low High Week Bonds (•) Law High •105 105.8 *104.26 105.2 *104.20 104.28 *104.16 104.24 4s '.Oct 1969 *102.20 102.28 *104.16 1 *102.16 102.24 *102.8 102.16 *102 102.8 4s Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury 18 89 YORK STOCK EXCHANGE' 11 Apr 96.12 Feb 18 Range Since Jan. 1 Exchange indicate 1 1980 •102.26 103.2 *101.30 -Feb *102.28 103.4 *102.20 102.28 *102.16 102.24 101.18 *102.14 *101.10 102.22 1968 *101.14 101.14 *101.2 101.6 *100.26 100.30 1974 *101.12 *100.24 *101.10 100.28 101.18 *101.2 101.10 *100.30 101.6 *100.26 ♦101,16 101.20 101.2 1966 ,*101.14 101. lp *101.10 101,14 *100.30 101.2 *101 4y4a May 3%a 3%a 3%s_.» '3%»_ 15 1975-1985 May 15 LNov 15 May Nov 3y4s 3V4s Jun 15 —Feb 96.8 96.4 *95.24 *94,12 *95.20 95.28 94.20 *95.20 *94.6 94.14 *93.30 94.6 *93.24 94 *93.28 94.4 *93.22 *93.30 93.30 1998 94.6 *93.22 93.30 ♦93.16 93.24 *93.16 93.24 92.14 *92 15 *92.10 —Feb 15 15 ' .. *92.6 92.8 *91.28 92.4 *91.28 *91.28 92.4 *91.20 91.28 ♦91.16 91.24 99.16 *91.16 *99.10 91.24 99.14 *99.8 99.12 *99.6 99.10 *99.6 98.16 *98.4 99.10 98.10 *98.2 98.8 *97.22 97.28 *97.22 97.28 89.6 *88.30 89.6 *88.22 88.30 *88.16 88.24 *88.12 92.4 88.20 *100.2 100.4 *100.1 100.3 *100.1 100.3 *100.2 100.4 *100.20 *100.2 100.23 100,4 *100.19 100.22 *100.19 100.22 •100.19 100.22 *100.19 100.22 1960-1965 1965 *97-6 97.10 *97.4 97.8 *97.2 97.6 *96.30 97.2 *99.27 *96.26 1961 99.29 *99.27 96.30 99.29 *99.27 99.29 ♦99.28 99.30 *94.24 *99.29 95 99.31 1962-1967 *94.20 94.28 *94.14 94.22 ♦94.6 94.14 *94.4 94.12 98.22 ♦98.21 98.23 --Feb 15 —Nov 15 15 ( 95.28 92.8 *88.30 1961 15 ;■ 92.18 1995 Sep 2%«„_-Dec ' *98.10 •• 1966 2%a * ' 96 ♦92 1964 3s *95.28 *99.12 1985 15 15 Jun ;101.4S *96 —/Aug 2%s 2y2s2%s 2yas r 1980 3s— 2%s—. 2yas , 1990 1978-1983 ——May 3s , 15 Feb 3y2s 101.20 102.6 15 15 —Nov 3yas 15 104.24 *98.22 98.26 *98.20 98.24 *98.18 15 1963-1968 *92.12 92.20 *92.6 92.14 *92 92.8 *91.24 92 92 15 1964-1969 *91.22 *91.24 Jun 91.30 *91.14 91.22 *91.10 91.18 ♦91.4 91.12 2yas_—Dec 15 1964-1969 '>91.8 *91.4 91.16 91.12 *91.2 91.10 *90.30 91.6 *90.26 91.2 *90.24 91 *90.22 90.30 *90.18 90.26 --Aug Dec 2yas ■ 15 1963 *98.21 99.23 . 1965-1970 *91.2 91.10 *90.28 91.4 ♦90.24 91 2yas Mar 15 1966-1971 *90.2 90.10 *89.28 90.4 *89.24 90 *89.22 89.30 2yas 2yas 2ya« *89.22 Jun 15 1967-1972 *89.4 89.12 89.30 *89 89.8 *88.28 89.4 •88.26 89.2 Sep 15 1967-1972 *89 *88.20 88.28 89.8 *88.28 89.4 *88.24 89 ;. *88.22 88.30 15 *88.18 Dec 1967-1972 *89.2 89.10 88.26 *88.30 89.6 *88.26 89.2 *88.22 88.30 2V4s 15 *88.20 ,_Jun 1959-1962 88.28 *99.9 99.11 *99.7 99.9 *99.7 99.9 •99.8 99.10 2y4s *99.8 Dec 15 1959-1962 99.10 *98.31 99.1 *98.29 98.31 *98.29 98.31 *98.30 99 *98.30 99 Mai- International Bank 15 ' for v;;: Reconstruction & Development 5s —Feb 15 1985 107 •106 Nov 1 1980 *104.16 105.16 *104.16 105.16 *104.16 105.16 *104.16 105.16 *104 105 1961 *100.12 100.28 *100.12 100.23 *100.12 100.28 *100.12 100.28 *100.12 1 100.28 1973 *102.8 103.8 *102.8 103.8 *102.8 103.8 *102.8 103.8 *102.16 103.16 103.16 4%s 14% s *106.8 107.8 *106.8 107.8 *106 107 *106 107 4%s Dec 4%s Jan 1 1977 *102.16 103.16 ♦102.16 103.16 *102.16 103.16 *102.16 103.16 4y4s *102.16 May 1 1978 *99.16 100.16 *99.16 100.16 *99.16 100.16 •99.16 100.16 *99.8 100.8 ♦99.16 100.16 *99.8 100 4j/4s— LJan 3%s May 3Vas Oct 3'/2s —Jan 3%S —Oct 33/gs 15 1979 15 1968 1 1962 *100 1 1969 *97 15^ -Oct 100.16 1971 *99.16 99.8 98 , *95.16 100.16 *98.8 100.16 *100 98 IThla issue hag not Friday bonds Interest New York Stock Exchange Period Sale Price *95.16 *95.16 96.16 *91 93 *91 93 *91 87 *85 87 *85 87 *86.16 91 *90 91 *90 96 87.8 *86.8 87.8 *86 87 99.8 *98.8 99.8 *98.8 99.8 " *90 91 " *90 91 87.16 *86.16 87.16 *86.8 15 1962 *98.8 99.8 *98.8 99.8 Unification *98.8 Stock Sold High Issue— No. Low BONDS High Brazil 93'A 93% ; 26' 92U Interest Last Jlew York Stock Exchange "A*": Jan. I Period Sale Price funding Stamped ' 9412 of 1931 to pursuant to dollar bonds due Plan 1979 3.375A) 3%s series No. 82% April-Oct 1944 of (Plan B) 82 y2 *98% 2 —June-Dec *97% 3%s series No. 3_ June-Dec 4 June-Dec 3%s scries No. 5 3%s series No. 8 11„ 3%s scries No. 98% June-Dec — *96 12 June-Dec *90%- 13 June-Dec *98% 14 June-Dec June-Dec *96 3%s series No. REctor 2-2300 '120 Broadway, New York NY June-Dec June-Dec *97 19— June-Dec ISSUES CORPORATE Akershus (Kingdom Amsterdam iCicy §AAntioquia of 7s A 1945_ Jan-July B 1945—Jan-July *96 V8 sinking fund 7s ser C 1946—Jan-July *96 y8 fund 7s ser D 1945—Jan-July *96 Va sinking fund § AExternal sinking 30-year 3s Australia bonds f $ s is 1978 (.Commonwealth 15-year 3a8s 15-year 5s 5As Oct 4%s iFree debs 5 As extl external of) debt 94% 95% 14 101% 102%- 97% 98% 1945— -96 y2 36 97% 42 102% 102% 35 98 A 93 A 94'/a 38 96 VA AExternal' A 6s . 99 98 A 99% 42 96 Va 99 57 94 % 83% A6s A' 99 VA 47 A ioi 100 24 2 . y2102% 38 95 A 47 A 101'/a Extl 100% A 6 105 ser B 1978 81 93 79'/a April-Oct 88 AGs 1955 ApriZ-Oct s f debentures 6As s f debentures. 1959• Berlin Power Debt Light Co Inc— adjustment— 4"As debentures series A §ABrazil (U S reduced to s Stamped externaL 8s AExternal s Stamped to of to June-Dec Plan 73 A6s so y* 3s of extl A Plan-A Plan A 1957—April-Oct (interest see -96 '■ *llT 96 . - 2 95% 96 y* 1—_June-Dec page 38. ref . , 5%s Cuba 83 ; A" " — 1 83 % 83'A 83 A 4 83 A bonds $ ; *117 * 83 Vz 183 A 12 83 Vz 85 - 95 Denmark El 95 1 94 A. 95 A •44% April-Oct •44% 1961 6s 1962 6s 7s 1960 Map-Nov of 1953 1928 due 91 % 91% 45% 91% __ 91% 92% 44% 44% 91% 91% — 45% 45% 91% 91% 91% 43% 45 '/a ■45% 45% 91% 91% 45 45 __ __ __ 45% 52 Oct __ __ __ __ *90 Mar-Sept' 6s 45 , __ •90 *44% Mar-Sept 45 June-Dec 1951— 5s 91% __ •90 Map-Nov fund Ry) 53 91% *90 April-Oct *3% Mar-Sept' Mar-Sept ♦86% 45 5 '/2 3 3 87 __ 87 1961_April-Ocf 1972— 70 . 70'i *_^ 70% April-Oct* 72 ' 20 -70 75% 90 71 3 ■ 65 73 France— of) 1979 4y2s (Dept of) 3s —_—^—i external June-Dec 1977— June-Dec 1978 164 103% 104% 42'/g 42% *46 Va -42% Jan-July 41 102% 3 33% 44% 47 53% 48% 106 (State)— extended to (interest reduced to 1974—i _Feb-Aug 31 *20 April-Oct 1960 (Kingdom of) 5y2s (Republic of)— 100% 100% 102% 43 100 31 103% Salvador 3»/2s external 95 June-Dec fund 1960 AStamped assented *132 *44% — Municipal De 44% June-Dec June-Dec June-Dec 1962 loan extl 45% 1993_,__ 1957 1961 gtd 6% ) .— 3s 6y2s 1957 Froncier (Republic *44% May-Nov bonds 46 Va 91% *90 __Mat/-Nov 1963— Bank (Rep of) Czechoslovakia 85 (Interest 3.5% / 1978— footnotes, • 91 y2 *44% 1927 Jan 1961 Jan-July; sinking fund dollar bonds 1970 April'-Oct Rica (Republic of) 7s 195l-i— u.May-ZVoo Cudinamarca —April-Oct due - (interest —April-Oct 1952i/il_lAL_;?—_'——June-Dec to 3s __ Credit f.96 1957—April-Oct 1979 1927 *132 _June-Dec : : due 3.375//)/1979——A Ry pursuant reduced to 1926 3.375 A) 6y2s to 89 *74 y8 *44% April-Oct 7City bf)*6y2s- 1950——— '4%s debt adjustment 1970—/— (interest A of Central For Plan 1978—— pursuant reduced Stamped to 6y2s f >—••/ •44% <—April-Oct 1963 ~1 84% — *90 1961—Mar-Sept 1962 46% 53 84% 81 *90 _Mar-Sept 6s fund 6s (Hukuang *44% 1961—Jan-July S'ACologne A Colombia ♦ Jan-July 1941__ 3.5A) assented ♦90 — Jan-July Sept —_________ sinking Consol *44% I -Feb-Aug 1961 assented AChinese • 1978 f to 192 102 A §ACosta of) pursuant reduced 192 192A Feb-Aug< series B 1978 --^——Jan-July Stamped pursuant External, A7s -June-Dec - & 4 As. debentures §A7s 19511_ir.—.'-A—- —Feb-Aug 47 81% 11 *90 -April-Oct 1961 1961 sinking AGuaranteed AChilean 6 As 1960 Feb 6s fund assented assented 6s -April-Oct 6s 46% 49 84% 84% *90 *44% May-ZVow 1961.^— Sept $ 84% f bonds 'IS-J&n-July f 7s 1942 May-ZVou s s 1961 1962 assented A Guaranteed City Electric Co— debentures As A6%s June-Dec fund Mortgage •46»/4 *84 Mar-Sept 6s fund sinking external sink AChile ApriZ-Oct 4v2s debt adj 97 97 April-Oct Jan AExternal sinking 37 99ya fund sinking assented A 6s 102% 97 97 —Mar-Sept — fund Feb assented AExternal A6s 95 A :_Mar-SepZ 1950 98% 96 *96 1978—Jan-July 1960 assented A 6s ,89 89 sinking sinking assented AExternal 100 47 98% 96 *96 1974 ARy external sinking fund 6s Jan 97 % 103 VA 98 : 100' • 96 - •96'/. bonds 2%s 1942 assented AGs 102 Va 98/ 101 98 y4 1964_June-Dec 97 97 *96 *95; —June-Dec f s of) assented AExternal 96. 99 April-Oct 4s 95% A 99 Feb-Auy loan 98 Feb-Auy 1973-= 1970———_ A 95 y4 1958_ 6s (Dominion § A7s 95 A 92 A 1965 A ... 91 18 1980—Jan-July ser 6s 28 95 April-Oct adj Berlin 12 95% >——June-Dec 19721——— loan (City of) 30-yr 93% 99 A —April-Oct 1973 loan extl $A6%& external loan 4Tss 8) of) 92% A- —— 6%s (series (Dept 91 A 101% ' ' June-Dec — —i 91A 99 102% 96 June-Dec 29 2%s 1975— Cauca Val (Dept of) 30-yr 3s gAChile (Republic) external 94 Mar-Sept 97 97 98% •98% June-Dec June-Dec Canada 95 _May-Now 98 *98 June-Dec 26— 53% June-Dec — f $ s 5V4& extl (Kingdom ABerlin 5 Mar-Sept 1980_ State) adj Congo Belgium 22 — Governments 4V2s assented gABavaria Belgian 48 June-Dec 1980 5%>s (Depi Austrian 92% 93% — 20-year Austria Caldas 20 92A _ 5As April 25 No. 3:,/s series No. 30 — 92% , 96 97 98 __ 49% 92% 1973—~———__Map-Nov 20-year 1 3%s series No. 28 ■, 104 —Feb-Aug —r_ : *95 3%s series No. 93 A — 1978_. 105 104 June-Dec 1962—— 1972— 20-year 5s 99% 97% 96 — __ .—June-Dec A— 20-year 5%s 1979 June-Dec 24 25-year ' 15-year 334S 1969 15-year 4:,4S 48 24 98 97% 99 *96 3%s series No. 27 103% of) — 20-year 3%s 1967 15-year 4 %s 1971 *96 VB —.—Jan-July 20-year 3»2s 1966——— June-Dec 3%s series No. 91A 102 A ser (Dept) $ AExternal SAExtemal , *-'102 Vz 96 y« 98 ♦97 3%s' series ' —Mar-Sept 1973— collateral " <- 97 96% — *99 June-Dec 3%s series No. 1968—Mar-Sept 4s Norway) 5'As orf) FOREIGN —June-Dec 3%s series No. 23 AND __June-Dec 3%s scries No. 22—^ GOVERNMENTS 97 __ — *96 '. 3%s series No. 20 3%s series No. 21 FOREIGN 98 98% 98% *94 18 "4 •96 l_June-Dec 3%s series No. ^ 1-1693 16 17 3:,4S sbries No. # 98% 98% *96% 15 84% 57% 98 — 98% *96 —_— 3%s series No. Teletype 82% ■ - *98 June-Dec June-Dec 3%s series No. High. 98 3%s series No. -Members New York Stock Exchange Low *98 3%s series No. Wertheim & Co. Jan. 1 No. — June-Dec 3%s series No. Range Since Sold (interest A 1 334s series No. Bonds High 1951 3%s series No. Foreign Securities Friday's Low bonds reduced / or Bid & Asked /continued)— External Telephone 87.16 Week's Range Friday Range Since' ?. HA --June-Dec " I 92.16 Exchange dealings. 5 A Corporate Stock 1980—_— 3 tfp 96.16 *90 *86.16 New York City Transit 95.16 96.16 93 *85 (Range for Week Ended March 1 7) Bid & Asked low *94.16 *95.16 *91 1976 Range Friday's Bonds or 97.8 93 1972 to *96.8 96.16 1 Feb 99 100.16 98 87 15 yet been admitted *97 *91 Mar as Week's Last 98 *98.8 *100 *85 July 2s No sales transacted this day. price. 99.8 100.16 1981 Serial bonds of 1950 asked *98.8 *100 1975 3s and 99.8 100.16 ♦97 3s *Bid 100.16 *98.8 100.16 *97 - *99.16 99.8 *100 1 May 15 3»/4S— *99.16 *98.8 3s extl's f s f $ bonds dollar bonds Jan 1 Jan 1 79% 1976:— -Jan-July 1976_ -Jan-July •74 73 75 30 (1250) The Commercial and Financial Chronicle NEW YORK STOCK EXCHANGE BOND RECORD Friday bonds New York Stock Energy supply Schwaben— 5 */4S debt adjustment 1973. Afcgtonia (Republic of) 7s 1967 lAFrankfurt on Main 6'AS 19oJ 4%s sinking fund 1973 (Fed Rep of)—Extl 5 As ' 3s dollar dollar 10-year 3s bonds conv of or Friday's * May-Nov oo 'A April-Oct 1C2 1953 bonds due 96 1972 96 it April-Oct CO 00 1972 Hope 7s f s bonds Steel mtge Si Iron 1945 part paid part paid A6s : 4'As Hign 1968_^_____. mortgage Authority Coal 6'As 5s and secured Ilseder the *31% 7s series (7th series) B 30-year §Altaly AprfZ-Oct 1978 1948 f s A extl due 5 V2s extl 1977 f s 3s 1977 97 of '24 loan 30-year 3s f s (City of Geraes ASecured $ to '30 extl 6%s ASecured — New 1959 sink fund sink to Zealand f s extl f s 6s extl due extl due (City 5%s 1958 A loan 75% 74% 74'A ANat loan SAPoland extl 1958 to 1968— 8s 6s 6s 7s 3'As 97'A loan *47% 1st 7s 1959 series 2nd 102 102 sink to 1U0 *97% fund 7s 6s 1950 99 9»'A C ! 57 *83% *12% §A8s do Sul external reduced of 12% *14 13 12% reduced A fund to 1946 A 99% A 5 99 : „ 99 extl 2.375%) secured Paulo 1936 (State 1:' external 100 6 §A7s to external pursuant 2.5% ) to external Lo 2.25%) dollar secured series B 99 % sectired footnotes, see 102 % be 69 'A 79 — ( issues Airlines Bosch 211 100 COMPANIES formerly published under this under the Foreign Govt, heading. *92'A *96'A 4'As 1975_ debs 1980 *90 April-Ocf 90 93% V-'. A- . 3'As 1964 96'A ' „ 154 117 - Si 63 subord debs* subord debs 1980_— Apr-Ocf , 1987 15 2%s debentures 1971 Feb-Aug 3'As debentures 13'A 15% 11% 13% 63'A __ 57 63% 2%s debentures debentures — 1975 2%s 1986 ; 53 „ 1984 1990 1985 ApriZ-Oct debentures 1983 convertible • — debentures Tobacco Steel & 3s Inc 91 2 88 14 debs 1977 90 "2 89% 67% 2 75 *73 79 89 89 55 55 % 73% 3%s debs 64 % *80 *64'A 0 1 \ i t CO 70 Topekr, 62 % General 4s 1957—May-Nov / — — ' 97 cons —.A debs debs — *96'A - 97 — — . *96 134 , Si ref ref *92% ~ 92% 3 ' May-Nov _May-Nov 92'A 93 T — - *18% 20 *18% 20 ' - • ( ' 18% ■ —■ 88'A 74 83'A 95 74 91 88'A 95'A 206 99% 102% 197 ::: 104% 106% 106% 192 270 315 99'A 26 93% 89% 89% 11 89 90 87% 87% 55 60 102 102 5 98'A 100'A 95% 102 ' ' 943 94 ' 4 135 . 99% 100 88 96 *98% 101 —-x '• 95 *107% .._.u..!., .' 15 102% 102% ■ 100'A 104'A 107 V4 107% — 100 97 ' 99'A 2 105 105 107% 101% 103 39 92'A 5 88 92'A 1 97 97'A 101% 16 »-» O O £ 7 89 'A 91 92'A 96 95% 101 101 June-Dec 96% 102'A ' ./ ■ :, •; *95% ■ *90 • __ 93% 9 92% 117 119 % 475 110% 119% 162 171% 535 127 175 93% 93% *89 Jau-July i— 91 90 91 Mar-Sepl -Jan-July Mar-Sept 1966——Jan-July 92% Feb-4up 1.19 'A Feb-Aup 171'A • 87% 95 89 - M ref series 3s mtge mtge conv series f 3'As s Feb I debentures 30 70'A 76 74 69 76% 80'A Jau-July 80% 82 66 69 84'A 68% „ 67% 68% 43 62 »A 73% 3 90 ■ Jan-July 1989__ __ *79'A !r. 85 82'A 96'A 97% 76 __ '.. ;• t' 97 3A 5 81'A 79'A 82'A 25 96 98 28 127 125 125 Jan-July ' 1974 ;• 82% June-Dec -Mar-Sepf 1990 f 4s 1993 s 84'A 74% 74 89 Co— Z 20 73% 74 T 2010———_May 2010 A 90 73% Feb-Aup —Mar-Sepf April-Ocf 1970 A ser Electric Si Finance 5s debentures Borden debs 1977_ 19% 18% 19% —Mav ! 1981 Industrial Loan 2Vas mortgage" 2%s- series mortgage 3s series K conv debentures Airplane (Thei 117 127 *8>'A 1979_—i—Jau-July •85% -—Jan-July mortgage series . AC ... 1967 6s Co ; 5 104'A 104'A 99 10OA 86% 8 l'A 150 ... 86% •144% 150 - 15 85% 90'A 8 l'A 87'A 103 130 150 101 121% 121:% 643 82'A 82'A 2 78 »A 82 43 43'A 5 42 44 18'A 300 15% 20% v: 50% 157 •47 'A 116 119% V* ■ _Mar-Sepf 4'As series A July 1970_Mav-ZVot> series SS ,1965— _Feb-Aup 3s debentures 1968——April-Oci Brooklyn Union Gas gen mtge 2%s 1976.Jan-July; 1st mortgage-A3s 19AO J"n1st "■'ortgage 4'As 1983—— —May-Nov mortgage Bristol-Myers •.. *81'A Mur-Sepi - Hi'. ... —___May-N<>w Co 4'As conv 1980 2%s debs 1981! mortgage ,5s 102 90% „. —- 102 „ 26 ' 1970——-_Jan-July J 1976May-Non lypl-May-Nuv - 1980 RR— : 104'A 104 -99 Hi deos Co Maine *103% 104'A w-»r June-Dec: 99 Steel First 1st — 86 80 96'A 1987 income debs Gas AInc .96 - April-Ocf 89'A 97 «A 1979 RR— 3%s mtge conv Boeing 98 134 96 86% 92'A mtge 4s. ser B 1980 mtge-4'As ser C 1995 convertible Baltimore Boston" Si (interest 38. cons cons 3'As r Jan-July Jan-July —L 1979 subord subord 1st Consol 97 ' Jan-July -Mar-Sept 42 B Consol (interest 94 88% 76 Manufacturing Corp— conv Beneficial 93 A — 90'A 8 97'A 1964 1980-. Corp—A. Consol mortgage 2%s series I *97 91 1963—-May-JVoa 3%s Ry 4 'As, A RR debentures conv Bethlehem Jan-July Jan-July 93% — 93 — Line 2%s debentures 4'As 4%s 94% 80% 80% 30 May-JVou .— 4s ser A 1980 4'As ser C 1972 Refining Beneficial (ihterest 1962 Coast Line mortgage 4'As "• (interest *92 77 77% 8 85% 72% *62 April-Ocf 1995—! 1 Air mortgage 1st 80 1977 1995 4s July Charl Si 1st r *76 82'A 82 'A ' *88'A & Sante Fe— 4'As 65 62 — 50 82 Feb-Aup 1st 1 62 76%, 89 % Feb-Aup — 65 — 85% 78% 95% June-Dec 1979—' 95 69% — 70 , 99% 100% 94 1977—: Atchison debentures 74'A . — 1 130 5.3 95 100 debentures 1st 64 ''4 114'A ' 56 81'A 292 % 302 May-Nop 1962 debentures Atlantic 95 — 159% 99% Feb-A up Gen mortgage. 3%s ser D 63% — 63% 132 95 Mar-Sepf 1984 1976 3'As 80 69% 94 55 : 130 298% . —Quar-Jan April-Oct 1984 deb sub subord Atlantic 79 56 106% 60% 2,664 150 106 April-Ocf 1995 debs 4.35s Investment Gen 79 101% 36 i: 100% 101% Feb-Aug 3%s Inc debentures Atlanta 71 136 106 Mar-Sepf 5%s 91 86'A __ 63%. 90'A 10 — 91 — 22 87 94r% ;; 94 'A. April-Oc'; gold 4s July 5s •'2-, 69% 101 'A - 1962.Aprii-Oct 1977- Corp Co 1973__ debentures Co 1969-. debentures Armour — 99 % 9 l'A 87'A 87% May-Nov first 91 93'A v 88 —Jan-July debentures Arbor '96 • 99%' 102% 80% 93% Mar-Sepf — debentures 3'As 57 97; ; 78% 80% JpriZ-Oct r. 3%s debentures rf * •'■-, 85'A IJan-JnZy 4%s 3s ••"*•' 94 93'A . 1 80'A .85% ApriZ-OcI .—_ : 1982- debentures American ■ • : - 21 75% June-Dec 12'A 15' .: . v-30 • 9 l'A 125 June-Dec 1973 11 l'A -ii "• : 94'A T debentures 6 : 95% 98 'A 102% 63 81 debentures __ 13 101*% 68% 130 2%s "l 15% 97 104% 1043« * 148% -!; Feb-Auy » 3%s — 59 Cb— 13 11'A 87 % 93% 1981——__Mar-Sept Telegraph Telephone <fc debentures 1980 2%s 83 *90 •'•: ' *63 'A 83 'A — 12% . Jan-June 1J " —— 7 Co— 84'A ^ — 99% 87'A 9 69'A 83% - 15 91% 2030—Mar-Sept 83% *. 97'A 95% 104 % 'j.' — 92'A 49 Co—■'A Optical conv 69 30 99% 98 'A Jan-July . . 9 4'A 102 ApriZ-Oct 1987 Fonndrv Si 95% .May-ZVou : debentures Machine conv 2%s 1964 Foreign Power debs 5s junior 100% 86% June-Dec 1990— ' 108'A 100% 101% . ApriZ-Oct 3%s debs 1988 Co ■— May-Nov April-Oct 1966 Corp 3%s debentures Can American debentures — 154 86% . June-Dec Jan-July 1970 - 96'A I-4 CO 97% 18 93'A Feb-Aug 1983 3%s Ltd 93% ' 98% April-Oct 1978 91 'A 88% - : 149 ' '. '' *96'A • i__Apr-Ocf w 1979 debentures 1982 3s muentures 4'As Avco May-Now 1962— page 13 — 99 Mar-Sept : 83'A — __ *55 ApriZ-Oct ; external 14% 13'A 1967—May-Nou 1972 Jan-July 3'As RR Canada 4%s 1956 1968 88'A 93 211 3'As RR mtge America oi Gen June-Dec Plan A 85% 92'A — •■96 shown 83'A «- (interest A 93 10% „ *11% INDUSTRIAL 57% 88 80% June-Dec 2004 loan external will on debentures 1980 1st 1999J Stamped pursuant to Plan A A 7s AND 57 A reduced to 2% ) 2012 Serbs Croats & Slovenes (Kingdom)— A8s now Dye 3'As debs Baltimore Si Ohio 2004 1999— loan Stamped pursuant to Plan reduced Co f American 100'A May-Nov 2.5%) 13 88'A 88% 92 *12% Jaue-vec foreign corporate bond sinking fund debentures s 4.80s 96% (interest A 88'A 88% 83'A June-Dec 6 897« May-Nou 1950 water 3%s Aluminum 195 96 29 57 *87% May-Now Stamped pursuant to Plan reduced 1961 1984 sinking fund American 100 & of Co American 98 95% *87 % of)— to '26 83'/a - -Jan-July : 5%s 91 June-Dec 2012_ reduced 97% 99% — A 4 — *90 1958——Feb-Aug ——Feb-Aug sinking fund debentures 4'As bj;- -•'97% 102 ' ' (interest sinking, fund 2%) stamped (Interest §A8s to 100 % Chemical 4'As 5s 1966 A 22 88% *91% __Jan-July . 1971 subord conv 4 'As April-Oct 1968—June-Dec 2001 Stamped pursuant to Plan reduced 99% 99% April-Ocf : due Paulo (City) 8s 1952 Stamped pursuant to Plan A6'As 5s Aluminum 100% (interest gold Plan 2% ) 2012 loan of 1926 to 102% " 99% loo % 1 to 2.25%) 2004__ stamped pursuant to Plan reduced 1st Susquehanna Associates Feb-Aug §ASao For 2 — reduced A6s 100% Allied • (interest (interest reduced to 2.25%) §ARome (City of) 6'As 1952 • 102% — Feb-Aug Stamped pursuant to Plan 1967 50 • April-Ocf to external to The 3%s Ann 1953— 1999— sinking Stamped pursuant 3s 48 *63 May-Nov Plan to & Inc Stamped of) 88% 87 73'A (Dept of) 5'As Plan 100% 67% 108% Allegheny Ludlum Steel 4s conv debs 1981-April-Ocf 106'A 108% Allegheny Power System—See old name of West Penn Electric Liu ■ Allegheny & Western 1st gtd -is 1998 Aprll-Oci *63'A 67% 50 Feb-Aug 1921 2.5% ) of 6s Southern Co mortgage Armco 2012 loan to internal A 7s Great Power Anheuser-Busch 2001— (State Stamped pursuant A 6s Sao 48% Corp— 1973 to 98 68 % 87 88% May-Nov RAILROAD Alabama 54 May-Not' May -Nov 6'As pursuant reduced to 2% ) 7s 50 Jan-July Stamped . 49 Jan-Julv secured of) extended Alabama 51 *15 de Janeiro (City of) 8s 1946_„__April-Ocf Stamped pursuant to Plan A (interest §AExternal 7s heading from *13% Mar-Sepf 2.375%) 68 % June-Dec —Feb-Aug 1978 1958—— (City 1961 Jan-July §ARio to due 6s 4.40s *51 1978 reduced 12 100'A — ___May-Nov Valley external American Jan-July 53As 1937) readj NOTE: Nyasaland— of) 100 l'A 99% 101% 2006 1978 series external (City) Yokohama 4'As 19^8 4'As 100 ,_Jan-July of 1979_ 102% 195 Jan-July mortgage 6s 1955 adjustment uonaa— B conversion 98'A *96% 100 J an-July Consol series 1968 bond 20% 99% 100 Jan-July 1953 (Federation 100 213'A — readjustment 1979 Jan-July mortgage Grande A •x",40 .April-Oct 8s Power Consol and 94% 225 Amer 1947_ADri'-e»^* 1952 Rhodesia 97 213% June-Dec 4-^gS ext conversion 1978 assented American April-Ocf 1950 4%s 4%s ctts 1 *83 1946 7s 1951 18 8 •' ApriZ-Oct 2.25%) Electnr A 97% June-Dec A A 5s 6s series 98% 200 : 1947 series 92 1 ' *99% 100% *83 1940 6s fund gold mortgage 'As 97% June-Dec — f: 1947-— A 97'A 99%100'A "100% 1961—April-Qcf series gold Direct Debt §A4'As Albany Mar-S"Pf 1946 mortgage 87% Jan-July Jan-July (Republic of) (dollar § A Warsaw Aidens I960—June-Dec 1963 7s Rhine-Westphalia April-Oct Westphalia United Elec Pwr Corp— 1st mortgage 6s series A 1953 1st —Mar-Sepf 1968 reduced Union 88 100'A 95% 200 !—___June-Dec 1963 Corp— 23 1 % «City of) — assented Direct 90% 100'/a A (Interest 94% (interest 2008 1961 stamped pursuant to Plan A (Interest reduced to 2.375% ) 2001 1966 stamped pursuant to Plan Rheinelbe Rio 67 ■=■19 June-Dec . A 7'As 5 94 'A 76'A 89'A 1947——Mar-Sept 1958 assented Allegre 1971— to series series 4s-4'As-4'As 74'A 102'/a 102'A June-Dec external f f s 96% fund mortgage ser C 1951— June-Dec assented series C 1951 June-Dec External 76 225 Mar-S°pt Mar-Sept May-ATou May-Nov 1963— 1975 gAExternal sinking A 4'As assented Porto 28 99% _____April-Ocf 1953 of) assented §AStabilization A4'/2s 93'A 92 92 Feb-Aug 1973 (Republic of) A 4'As 75'A 92'A April-Oct loan s 84 44 April-Ocf mtge series A 1951—. assented External 3s 1963 —_ to to Works assented 3%s-4'/eS :v 1965—April-OcC loan extl of) extl 85% 30 99% . 1965 2.125 %) (Republic loan 73% 4 75 'A (interest 4(As (30-year) to 55 87% 98 —Jan-July 3'As external readjustment 1984 June-Dec 1973 (State reduced 1981 1961 Valle Del Cauca See Cauca 1970 extended external 87'A 86 —Jan-July to 1953— w3%s-4s-4%s 77% 77 % *48 old Steel debentures Uruguay Mar-Sepf 1959 A Stamped pursuant to Plan A Nat 99 74'A Mar-Sepf 6'As extended 1953 Participating 105 - new 5'As § APernambuco A Peru 99 'A 94% (interest ' extended oft f s 33 49 97 'A "9 20d8_; (30-year) 1958 85% 86 "A series 6'As sink fund 74% 50 external loan loan 1953 A5'/2s 5'/2S Oslo 6s United 101 'A Municipal Bank extl sink fund 5s 1970—June-Dec §ANuremberg (City of) 6s 1952 Feb-Aup Oriental Development Co Ltd— §A6s 12'A 92 85% May-Nov 14% 10'A 90 7 98 new—___June-Dec 1971 of) — 1st mtge $ 3'/4S 96% Mar-Sepf Mar-Sepf 5'As loan fund extl f s 14% 91 90'/4 Ltd— extended 1971 (City 6'As ApriZ-Oct 6%s fund 2.125 7/ t (Govt) sinking 5'As 32% 95 41 _Jan-July 2008_ (Kingdom of)— External sinking fund 4s (40-year) due '11% 90'A __Jan-July 1968 Co 99% o\i.*e-ueC i Norway 4'As 28 99% 101'A far-Sept 1952 2.125%') extl Power 14 June-Dec 1978 6'As Stamped pursuant to Plan reduced Electric 3'/4S 95 % Feb-Aug Feb-Aug May-Nov May-Nov ApriZ-Oct 1954 Stamped pursuant to Plan to 1968 1 §6s (State)— reduced High 99% '14 June-Dec Italy Dev Fund 5'As 1974 Ao'As extl loan of '27 June-Dec 1964 1965 bonds of) Jan. 1 Low No. __ 74% Mar-Sepf Jan-July 1954 extended (Colombia) §AMilan ' 995/s Jan-July tAKreuger Sr. Toll 5« certiorates Lombard Electric Co 7s 1952 Minas ' 100% 103% 100% Jan-July 5%s due 1965 extended to 1975—— § A Jugoslavia (State Mtge Bank) 7s 1957 AMedellin 59 .' " Mar-Sept loan 1954 Jan Dec Feb-Aug 3s of) 7s 1951 (Government of) 5%s 1974 A6 %s Range Since Sold 6'As sinking Apr-Oct Japan 5'As extl s f 1974 Japanese (Imperial Government)— 6%s ■«*.— Utility Institute— ext loan 5'As I Jan-July 19R0 1947 gtd 1965— loan 3'As (Kingdom Jamaica 31 • ' Jan-July Jan-July 1975 series) series) Public Bonds High *99% 100 —June-Dec 4'As external Tokyo 35 30 93 *93'A April-Oct 1970 33'A 30% April-Oct Italian Credit Consortium for Public Wtorks 30-year gtd ext s f 3s 1977 Jan-July Italian 86'A 85 European Steel Corp 6s (Republic) ext Italian 102% 100'A ^June-Dec 19od__Juue-Dec 1958—— (Union of) external A5'As 5'V > 4 Friday's 1951—.■—__Mar-Sept 7s 5'As Community— (11th 113th 6'As Corp external of) assented Southern 89 88'A or Bid & Asked June-Dec 1962— to 5'As due 1961 extended ___—Feb-Augr 1946- 1949 6s Steel secured 5%s 6s 1966 adjustment of V . 1952 5%s — ! f s extended Halske Sout.i Africa Apr-Ocf 1964______—______——_May-Nou debentures 96% Sale Price Tokyo Electric Light Co Ltd— §AHamburg (State of) Conv & funding 4'As Harpen Mining Corp— General 94% —i-' : (Prov 83'A 102 *84% Si Works— Greek Government— A7s 102 June-Dec mtge 1952 Abilesia Taiwan 90 1 1980—_—.—_______—Jun-Dec dollar Good 80 % 13 95 102'/a 4 82 % loans— dollar bonds 3s - 100% 82 % 1963—Jan-July 1st due A 4 %s 101% 102 1936— 1953 §A6%s Siemens 88 88 — Last Period Shinyetsu Electric Power Co Ltd—■ 90'A 1924 of April-Oct issue High .nw 6%s Mail-Nov loan Week's Range Interest Exchange Low • International loan of 1930— -5s T No. High New York Stock Jan. 1 Sold 90'A "r.'~. Monday, March 20, 1961 . Friday BONDS Range Since Bonds Bid & Asked — Jan-July 1969 Conversion dollar Jan-July —— 1972 fund & Prussian 4s bonds bonds Sale Price Low . ttrnnan Last Period . (Range for Week Ended March 1 7) Week's Range Interest Exchange . 17% i 15% * 49' 49 53% 90'A 91 85 81 84 »A 99'A 93 'A 96'A *91 100 *84 *96'A Volume Number 6039 193 . . The Commercial and Financial . Chronicle NEW YORK STOCK EXCHANGE Friday BONDS New York Stock Last Period Sale Price or Shoe Brunswick 4%s Co 3%s debs 1971 Jan-July Bonds High BONDS Range Since Sold Jan. 1 Jo. Low 93 3 New York Stock Consolidated High 90'A ioi Corp— subordinated 1981 Jan-July Niagara Elec first mtge 2%s Burroughs Corp 4%s conv 1981 l975_May-Nov conv debs Buffalo 170 156 .177% *83% June-Dec vr: 127 945 85 >/B ■ 123% 128 119% 348 & ref 84% & ref M 1st & ref M Terminal Bldgs 5s Income California Electric Power first California Oregon Power 3%s Canada Southern C«»n«uittii 4% Capital of Carolina Case deposit I) Co. 101 % 101"' 101 '/2 26 78 78 80% Caterpillar Celanese 77% 19 76 1976 conv Onlo & 3%s 1965—-—Mar-Sept 4s debs 3%s 76 - of 4%s " First mortgage A Gen 100 89 series 4lAs RR New Central 5.90s of 59% debs debs 1974_ ww debentures 4'/2s subord conv * Second Chicago Ohio <fe Ry Burlington First and and 1st <fc 1st & ref mtge ref Chicago 4%s mtge 111 income debs > ; J. Chicago 1978 A2nd 4s series mtge series ■ Jan B 27/«s income mtge Chicago 5%s and Income Chicago C 1983- & Southeastern 2%s-4'As 4%s 82 3/a 5s 68 Union First 4%s debentures ' / ' 3'/8s debentures Consumers 90 First Chicago West & Cincinnati Gas & Elec 1st 94% 87% 86'% mortgage 4'/2s 96 107 Can 95% .. 84% 1 84% 83% — 80 93 1st ; 83 84 69 29% 31 % 1st — 93 40%. 21 21% 71% Union Ry & Co 3%s 4%s subord 80 % 69 73 29% 38 26 21 New Hudson York First 76 % 737/a 61% d55% 58 % 112 51% 1st 59% mortgage 27/us 1978 mortgage 4'/as 1987 Cincinnati First and Financial Service 1971 3s Co refund gold Power & & series M Refunding and Cincinnati Wab Louis tr 3s First 1st f Mich & 98 Short 87 93 93 95 84 , Ry— June-Dec June-Dec debentures 84 84 % 1961 4'/2s . 71 73% 56% 81 1 81 81 6 89% 93 83 % *99 30 April-Oct 96% 99% 224 88 v : 19 88% 11 86% 88% 90 % 90 % 10 88% 91 1980_ Mar-Sepf V,— 1981 1981- April-Oct April-Oct 103 103 103 5'/2s debentures series H 1982—-- 107% 107% 108 21 100'/2 100 100% 34 "95% 100% 102'/2 101% 102% 22 100% 103% 105 104 ' 106% 24 103 % 107 % 104% 105% 39 103% 105% -—June-Dec > 90% 9 4% 5 94% 90% — 2 88% 5 98% I series 5%s debentures serips 5'/bs debs O 3%,s subord Columbus series & 1983. 1983— K 1984— N Ohio 1964 Elec 1st mortgage mortgage mortgage 4'/2s 3%s subord Commonwealth First mortgage mortgage sinking fund 2%s f s 94% 103 106'/a 108% 101% 105% 2%s Edison 1981— *89 2001 ser A First and refund mtge 2%s ser B mtge 2%s ser C 1972_June-Deo May-Nou Jan-July and refund First and refund mtge 3s First and refund mtge 3s refund ref M mtge 3'/4s -m..3%8 i?or footnotes, ser ser 3s ser series series 86% 1 86'/a 87 39 81 '/a 83 4 - mortgage 1st mortgage 1st mortgage 1st mortgage 1st mortgage G D 75 % 95 % 93% 106% F H '.1982- see _ page 80 80 81% — 54 81% 8 • 88 88% o 90 89% 90% 15 ~— *84% 85 % " ' May-Nov 2'- Mar-Sept". 38. 93 1 104% 103 — 105'/a 93 93 95 __ 96'A 85% __ 88 86 % 100% 101% 100 43 95 lOl'/a 100 53 97'A 100'A 100% 62 62 % 24% 24% '-V 17 58% 62% 5 >tf, -H' 24% 28 ■ 43% 9 43'A 47 % 51 51'A 5 49'A 54% 45'/a 45'A 5 45 4 5'A 84% 86 77 5:.\ 77 92 93 *— 88 % *93 — — Jan-July 1993 N 2018 83% 84 19 April 84% 85% 60 June-Dec I 1982__Mar-Sept 1985 Mar-Sept J 80% 84 82 '/a 85% 80 80 1969 *83% 92 91% 79% lien 79% 90% * Feb-Aug 79% 76 78% 85% 25 90% 91 209% 198% 198% 152 162 78 78 85 '• . 89 '161 *'/8 81'A May-Nov 88 88'A 1995—June-Dec *70 70 *66% 66% 66% 99% 100'A 1961 ser debs 92 76 *78% June-Deo 4s 88% 5 1 Mar-Sepf 4s 4%s 2%s 56 92 79% Mar-Sepf 1971 1980 O ' May-Not) 1984 May-Nov 1976 Mar-Sept B 1983 99% 99% ■ ■ 13 8 99% 70 *68% 93% 82 88% 10 92 93% 236 77 83 93% 80 89% 99 A April-Oct 99 % Inc— 1977 Feb-Aug 1978 April-Oct debentures debs 4%s Inc 1961 82 88% May-JVoo 1982 Mar-Sept 98% Feb-Aug Apr-Ocf Feb-Aug Mar-Sepf —Mar-Sepf 82% 1977 75 90% 86 24 98% 35 173'/4 176 Jan-July conv 2%s 1977 2%s 1979 2%s 1980 3%s 1982 3%s 1983 3%s 1984 3%s 1986 3%s 1988 4'As 1989 97 % 99 97 92% 82% 83 22 81 *__ 100 183 167 '99% 83% 92 % 1 1 1 1 *11 90 *90% 93 *88% 92 88'A 94 % 89% . 88% CO CO —* Z——Jan-July — April-Oct April-Oct Mar-Sepf *92% Mar-Sept *105'A 1965 _Jan-July 96% 2010 Fuel Gas Eastern Stainless 5s & El Paso 5s Corp— 1973 debs *98 May-Nou 1995_Jan-July 97 101 — Co April-Oct 88% 90 Va 100 104% — Aoril-Oct 95'A 86 105% 104 12 26 first mortgage 25 % 99 114% 101 *-»■*« 104 86 . 26% 63 . 86% 101 86% *99% 101 »/4 99% 101 25% -'29% 81 41'A 23'A 81 1 78 84 41 42 85 41 44''2 42 mortgage division Ohio 114% 25 *99% mtge inc gen consol 86% 1965 1965 stamped RR First 97 '105 Mar-Sept first 5s 4%s ser A Jan 2015_April 3%s ser E 1964—April-Oct First consol mortgage 3%s ser F 1990—Jan-July First consol mortgage 3'/as ser G 2000—Jan-July A5s Income debentures Jan 1 2020 April-Oct Erie 112 1970 Southwestern & r. 114% Ry 3%s Eastern & ■? first cons gold 5s Y) (N Joliet Elgin 3%s Associates Steel subord conv Edison El 111 Metallurgical Fansteel 4%s 42 10 40 43% 2 3'/a 23% 88 23% 27% 3'As 1971—Mar-Sept Tire j_ 84%- 84% 87% 88 *85% debenture 81% 83 1st .76 "75% 74% 77% 77 82 90% 2 mtge 2nd Food 2011 inc ser 132'A 99 s3 A 2011 -. Jan-July Jan-July 42 150 debs 4%s 1979 86% 88 % 86%. 90% 86 81- % 84% 86 - 85 % -88% 90% Worth & Denver Gardner-Denver General American ol' Ry 1980 Co 4%s 1982 93 y4 90 21 11 CO CO 68 % 37 66'/a 37% 111 9J'A 42 44 77 99 94 21 91 102 Jan-July 93 Foods Corp 3%s 17 101% 103 85 219 Amer General 150 149 debs 1976 02" 39 112 of Texas— conv 138 121 99 % — subord iebs 1984— May-Nov Transpo*t 4s conv debs 1981—xMay-Nov General Cigar Co ..-o~me debs 1987_Jnne-Dec General Electric Cn -3%s u~bs 1976 May-Nov 4%s Gen 17 38 68 4,/-s conv deus 1976——April-Oct conv Tne 99 d3 90 111 4s 131 100'A *89 April-Oct Jan-July May-Nov Stores Dairies Foremost A conv 99 33 Co— Ry series 5%s 132'A May-Nov 1977 Coast 5s mtge Fair 1961 1972 81 82 % .15 East Aprll-Ocf May-Nov Jan-July 1976 Rubber 3s debs & debentures 2%s Corp— debentures subord conv Florida 74% 80% 81% 88'/4 ? Feb-Aug 1981 June-Dec Co Eastern 87 83% 74 *75 ... 1972 E 1979— 1981 79 102% RR— debentures debentures f s 75% *76 . / 75 % 1977_ApriI-Oct rpr 513 ; . 1982_Mar-Sept First mortgage 87 79 5 fixed 1976 1st forp Co Industries 1st K RR 2.35s 1st 2 Mar-Nov series Tunnel & debentures mortgage 79 June-Dec series Ry subordinated Light mortgage 93 1985—May-Nov 1970 H 2%s & Ironton Duquesne 87 __ Jan-July 4%% A series subord f *105'/a 1985-May-NOY 1995 4s Chemical Dresser Fort 2%s and 103% 106% April-Oct mtge * 89 % 95 '/a —. York- refund and 105% . April-Oct April-Oct 1999 1999— 3'As Gardner s 3s 3'As Feb-Aug and 1st 91% 89 % *95% / June-Dec 1978 ref Mackinac Aircraft . Mar-Sept debentures & conv 79 mortgage (3% interest) 1993—-Jan-July series <fc gold *82 June-Dec (3% debentures 2%s Terminal 84 income series convertible ref 84% 84 104% 104% *85% May-Nov 2042 1984 interest) 2%s convertible Firestone June-Dec 1977 L of New 3%s & 103% 82% 1983 First First 93% 89 ' N debentures debentures f s Consolidated 94% 92 % * Co— series debentures *91% Mar-Sept series 3s 3s 7 *96% , —,—1986 debentures Edison First 3s — 1987 Engineering Inc— conv . 1970—May -Sept 3%s—— 1st 104% May-Nov. — 3'/4s 5%s_ 1st Combustion 103% 104% -• 2—-Apr-Oct 1985 debs conv South „—April-Oct Mar-Sept May-Non April-Oct 1982 J series ref 100% ~5 85% May 1980 A series 3s & Dow 91 % 89% • series 98 *84 % 88% F E 91 88% 88 88 104'/a 90 94 84% May-Nov 1979 series mtge 4s 105% 86% 1973 1988 refund ref Diamond 100 92% 86% 88 101 % 1 14 83% April-Oct Western contingent and & 5s *87% — 7 98 : tr 3%s series Lake 1% Detroit Tol ■ • 107'/a Div 1985 mortgage Salt Fdison Detroit 97% 100% C 1 3%s contingent Second 94 102'% 104% 104% 83'% 95% *103% 104'A May-Nov 1977 2%s Grande Rio & Detroit 77 89 *99 % ; . 77 — G series debentures coll 3%s 88 80 *76 *94% series debentures & & mortgage 1st series debentures mtge Gen 83 debentures 5s tr Gcn 61 *88 — r .—Jan-JuZy . 38 5 . debentures 47/8s coll tr Gen 65% . 37/«s 4%s & 1st —Feb^Aug 1979 84% 64 92 *79% v 1977—:——April-Oct C 80'A — 91'la • D 1 55 68 4%s debentures mtge fixed __ Jan-July 1977 4%s 101 % 81 June-Ocf Mar-Sept May-Nov __Mar-Sept 1975- series 99% 1990_May-Nov 1975.————-June-Dec series J%s tr 3'/as 5s Inc— debentures coll Douglas April-Oct 3%s 108 *65% — .— — B 100'A 101% 1970—Jan-July 3s — A 92% 59 — 3%s tr 2%s & General 84 % 7 trust 4s Corp series coll mtge lrY 84% 947/a 94'A ; 73% first gtd series -• 59 1989 System debentures mtge & Denver 95 83 94 72% 1985 Line debentures 3s 83% 95 3 — 59 1982—— Iron 3s 6 > 73 - Gas 92 call First 97% 1991-Jan-July 1986—. 3s Fuel Columbia 96 coll tr 3'/as & Denver 99 1977—Jan-July 37its 1993 mtge 4%s 1994-1 Colorado 96% & 58% 4s 1st Div first coll nuge Cleveland Louis St Illuminating 2%s mortgage 1st 1st 54% *84% Jan-July 1977—. 1993 B 3s 3:|jis nitge 1st debs Chicago & Electric mortgage mortgage 1st 59 84'A 83 57 Co— 1973 mtge Income *93 April-Oct impt 4%s series E Division Cleveland 59% RR 1993^^ mtge 101 Va 56 % 97 83% 102'% Light Co— coll 3%s Mar-Sepf 1970 debs 1993 4s series 5s 3 1963 Western & 1st 79'A 98% *95 — 87 101'A 91 *96% 1983 Division-—, mtge Gen — s Cincinnati General St 84'A Jan-July May-Nov , 3%s Corp 4'As debentures General 74 75 58% 100 *98 96 87 95% Jan-JuZy Feb-Aug Western & 1st 60% 73 *96'A — 95 91 98 April-Oct extended 4s mortgage due 1st 62% 60'A 76% '76 . 105'A June-Dec 1965 mtge & coll trust 6s series A Delaware Terminal— Union Cleveland 52% — 98 gld 3%s series E 1969—Feb-Aug mortgage 2%s series G 1.974 Feb-Aug T Cities *55% 105% 96 ■ 1st 469 • 101% *57% mortgage First I 101 -- 102'% 104 104% 1st mtge & coll tr 4%s series B 78% 58 *73% 98 101 104 1965 Lackawanna Pennsylvania 122 *74 105% 22 *82% Feb-Aug Morris; & Essex Division./ Collateral trust 4-6s May 25'% 71 59% 60 'A 116% ~5 *102% Mar-Sept May-JVo« Mar-Sept debentures 74 13 60'A 86 % , 104% 104 104'/a 1977 & 78 56'A 83% 113 Jan-July debentures Lackawanna 59% — 106% 101% 106 V* 102% *87 April-Oct 1982 3%s 2%s debentures Delaware 3l> 57 3 3%s- '66_May-Nov 1990 Delaware ; .c 51 221 106% 1987 85 65 72 86% 116% 105 1984 5s 5%s mortgage Dayton 51 3s 31% u- 86 116 106% 1986 103% 97% 102 % 1983—April-Oct debs debs 6s 3%s mortgage mortgage A Income .. 103 107 *95% June-Dec 63 5 , 103% 104% 105% 104% May-Nov 1978 80 % 69 29% 21 106 June-Dec 1978 A mortgage First % 3s 26% 76% 87 103% 103% *101% 103 April-Oct 1979_ 1st mtge Co 1 76% 85% 86 116% 1966—_Jan-July 1984 subord of Am 3 v 557/8 4%s 124 " 85 debs 3s 63 27% 2 Incorporated— series 1st 81 . 92'% 5 63 65 I Co mortgage 3s ' " ■ •-..V 91% 87 *106 April-Oct debentures Publishing First 13 43 % 87% 1 Feb-Aug 1976 91'% 3 8 April-Oct debs 77 91% 91 101% 101% 5%s s f debs 1980 Apr-Oct Dayton Power & Lt first mtge 2%s 1975—April-Oct 93% — • Products Daystrom 86 % 92 . — • 3%s Co 95% 91 ♦103 -____June-Dec debentures .82% *85% April-Oct i 83% 81% :io 82% 87 Feb-Aug ; 1985 subord conv Curtis 87'A 83% 84%'.: 82% 99 2 •; 3s Co debentures Crucible Steel Co - 111% 9 " > 85 — *83% 105% 105 % 1975 1988 Corn 2 ; 26 % *74 4%s mortgage 4%s 1989— mortgage 4Vas 1990—; Oil ' *91% 2%s'1975—Mar-Sept mtge debentures 105% Copperweld Steel Co— 98 — 69 May-Nov 166 151 , Feb-Aug 1987 Continental 106% 95,: 93 / •61, Jan-July Jan-July 1982 130 160 91 June-Dec 4%s 4%s • 85 mtge 2%s 1975_Apn'Z-Oct 1st 1st C 1963 27/(ts series G Ind RR 4%s A mortgage 271 77 Feb-Aug first Power Continental Ry— 1963 F 108% 271 __ Mar-Sept 1985 Baking 97% 8 — _May-Nov 1983 1st 106 85 . 26% — ' mortgage Detroit series 102 106% * 84 April-Oct 1982 debentures 1st 61 8 6'/a 93 1981——L 1982 debentures 92% Station— mortgage "13 259 150 157% series X 1986—__Jan-July Gas 2%s 1968-——April-Oct , 116% 86' 'a 40% 1994_Ja»-July Jan-July 1994- 105% 105% Feb-Auy 72% 1 *80 Feb-Aug ser Haute 107% Jan-July 1978 3s'. debentures 102% *80'A Jan-July Mar-Sept refunding mtge 23,4S-4'As 99 % 107'A 105% *255 June-Dec RR— i960 A 1995 debs Terre First Pacific & series 1 92 % 104'A 13 *107% 108 June-Dec 1976 1979 1st / . 99 84 1999—April Jan-July 1989 Island Roc;: mtge 4%s 1st 4%s series 7 15 t • debentures / 41 Vs U 1st inc 3s 99% 106%'. (Bait)— 3%s 84 Ry— conv mtge mortgage Chicago 1st Western North & ASecond First 98 106 2%s f s 1st Chicago • : Power & T 1st I Corp—^ 1984_ 105% 106% 107%, June-Dec -. 1976 Convertible ' *80% 1994 A - 106 —June-Dec Light 2%s .series M 88 *85% — -Jan-July General mortgage 4'/2s inc ser A Jan 2019—April 4'/2s conv increased series B Jan 1 2044 April A5s inc debs series A Jan 1 2055 -—Mar-Sept mortgage ref 40'A 88 — „ 106% debentures - mortgage 4'/2s inc ser A Jan 2003 —April Milwaukee St Paul & 'Pacific RR— .! First . 1985 B 102% June-Dec 1990 debs El 2%s 116% 13 93 2054— S subord M ref Deere series Jan 1990 R ser Gas 85 30 86 '/a , April 1997 5s 96% 103% June-Dec 1963 Electrodynamics conv ref 5s __ mortgage Chicago series 38 110'% 111% 86'/» Indianapolis & Louisville Ry— r 4s inc series A Jan 1983—April A 1st 4%s 5s debentures 92% 98% ■ 16 15 "3%s •;% , 111% gold 5s 1982—-.— 1st M ref 108 212 92 •' <■ • -May-Nov May-Nov May-Nov Chicago Great Western 4s series A 1988—Jan-July AGeneral inc mtge 4%-s Jan 1 2038 .-April 33As mortgage A5s ref & Consolidated-Natural 95% RR— mortgage inc conv Chicago & Erie & 13 101 92 : 1970_Feb-Aug Feb-Aug Feb-Aug 1990 3s Eastern <fc AGeneral First & refunding mortgage 2%s 102% 102'% June-Dec conv 89% 105 June-Dec 65 104% •• refunding mortgage 3'/as 1985—Feb-Aug 92'A 87% April-Oct 1988— 1st *93% v 87% 1989 60 __ 100 -JanrJuly 10 1989 27 • 93 gen gold 4s 1989 Quincy RR— 92% P 82% 39% 91 • . 92% Q 68 17 87% 100 93 ». 91 series 1st 105 94 102 114% 116% 104% Jan-July consolidated First 102 % ; __ 68 *92% Jan-July 1984 84'A series 1st *86 115 Va 4%s, 1992—Mar-Sept Refund and impt M 3'/2s series D 1996,—May-Nov Refund and impt M 3'/2s series E 1996—FebrAug Refund and impt M 3%s series H 1973—June-Dec R & A div first consol gold 4s- 1989-1—Jan-July Chesapeake 69% 39% Jan-July debentures 13 5 %s 1st 100 .r 87% i 1981 33As 15 115% 115% 39% __April-Oct 1965 87% 5%s 5s —April-Oct April-Oct —April-Oct 89% 87%' M 4 %s 767/a 74% .82% 66 Fibre— & debentures <5 1971 86% M Continental ww 3 ref Consolidated - . 87% May-Nov April-Oct 1987 O 86% 87% ref Consolidated >60 75 , ■ 68% Jan-July warrants Paper . 410 __ *85% 66 % 1974—Feb-Aug Feb-Aug A 1986 series 4s High 3 June-Dec 1986 N Jan. 1 Low No. 89% & 1st _ —April-Oct 1979 2 *84 1968-, conv M 1985 L series Range Sine* Sold Jan-July series M 4 %s 5s Bonds High 89 '/a S& 3s 82'A .98 55 • —— 104% 105 __ Jan-July series Friday's Low Feb-Aug 1984 K or Bid & Asked — 1st Inc— subord subord conv series B 83% - 75 96% , .100 *95% June-Dec 1987 1974__ 68 » . 5 / : : warrants Without Champion 3s 5'/2s Gotham conv 3'As 3'/2s series Co 35/as Corp * 1974— J N Power Ry Pasco Without ?•'. 1 - 104% Jan-July 2020—May 2020—May 1 Jan mortgage de Chauoourne 6s Jan York Pacific First A B Co. ; series 3%s M 1983 J 3%s M ref series (continued) " . - 1995 A series debentures conv Central Ctrro 4tea ; •:•••, 4%s series Light Co— Illinois Central May-Nov April-Oct 1977 1905:, mortgage Central 80"% • *57' _April-Oct debs Ry— 4s mortgage AGen 101% 74% 53;/ .. *75 AprilrOcI 1978 1976 Georgia '/ 100'A >• *97% June-Dec —.Feb-Aug 1981 1983 debentures 3s debentures Oentral debs Tractor Corp & 79% 85 771/2 Jan-July Jem-July "stamped" subord conv ref I Sale Price 1st , 5%s ref & 88 1962—Apnl-oci A & 1st * 84 *— 1st 98 10 1st Adirondack Ry 4s & (J 5s *— May-Nov 128 911/4 79% 92-,- June-Dec 1974 iperpetual) 4'As Inc Clinctilield Carthage gtd 1976 3s 91% Ry-— debentures Airlines Ctfs consol rtttixic consol Jon-July 1982 109'% 1st ABush Week's Range Last Period York New series 3%s M Interest Exchange of 3%s M rei 1st 186 82% — <ii 1st 93 Edison 31 (Range for Week Ended March 1 7) Friday Friday's Bid & Asked Low Brown BOND RECORD Week's Range Interest Exchange (1251) 220 88 129% 95 >A 90 70% 47 112 Va 94 92 150 104 3 208 227 14 100 104 102% 104 94% 94% 46 93'A 94% 93 % 5 92% 93% 93 32 (1232) The Commercial and Financial Chronicle NEW YORK STOCK EXCHANGE BOND RECORD New York Stock Interest Last Period Exchange Sale Price General 3%s Motors 5s Jan-July Jan-July Mar-Sept 1972 debentures 1975 debentures 4s Mar-Sept 1864 1969 debentures 35/as Mar-Sept 1977 debentures Feb-Aug 1979 5s debentures debentures debentures debentures 1983 Motors General Shoe General 4y2s General Time General (B f Co debs Co lirst mtge F) First & refund mtge 3%s ser F 2003- 88% 93% First & refund mtge 2%s ser G 2003—April-Oct 74 103% 105% First & refund mtge 3%s ser H 2003 89% 100 y4 100 101 336 98 y8 101% Mar-Sept 99% 43 99% 100% 3 tea 99% 100%. 91! series 5s 90 90% 73 89 82 156 168 sub deb 188% 195 % 127 173% 110% 121 250 120 4%s series 95% 2 series series Q 2010 Corp— debentures Ohio & 1982 P 1974 101 June-Dec inc debs States 127 125% 128 126 125 641 126% 96 series debentures 2056 A 1st debs 1979 mortgage 3%s 67% May s 103% 103% 95 y8 99 y4 *56% 198 V 66% 59 194 70 70 1 56% 57 60 Water 4s Corp Hocking Valley Hooker 5s 84 y8 84% 84% 1 65 *92% — 84% 60% — 6s 4s 65 80% — — 77% ' —— —— *77% — — " 85% debs tr Finance sinking 2%s f s f debentures *96% Jan-July Jan-July 1978 Jan-July 1984 debentures & 1st 124 81 98% 3.10s 117 33 125 income & A 1957 Feb-Aug Feb 1957 113% 100 7/a 106% 7 87% 100 94% 6 101% — 104 104% 69 % 69 11 mtge 33/4S ser A 1878—May-Non 3%s series B 1979 Uay-Nov 88 *84 mortgage 3%s *83 Consol mortgage 33/4S series F 1984 3%s & Indianapolis Union Ry lien . , 4%s Co ml*.. ueba 1st mortgage 4V2s series L International 43/4s debs Harvester series International 3.65s Interstate 3yas 4%s & Oil t s adjustment 5s suoora Tel 4%a debentures 47/8s Jan-July sub debs '83_May-Nov conv series 1977 Power Circuit Co 33/4S 1978 Breaker 4 Vis KLM Royal Dutch 1982 conv Kanawha & Michigan Ry 4s City Power 1st mtge 1st mortgage Kansas debentures 2%s ■ Light 2%a 1976 Kayser-Roth 24 86% — 103% 102 103% 17 debentures Jan 323 302 323 86 87% 1 87% 5 debentures subord 1981 debs Essex & 90 .... *69% 99 ' 98 '• 100 first 100% 100 79 % *81 80 debs Jan-July Jan-July Jan-July April-Ocf April-Oct Kings County Elec Lt & Power 6s 1997 Koppers Co 1st mtge 3s 1964 ; 142- 282 89% *91% 102% v 96 92. • —— 1 1 1st Lake Dock sinking Shore & RR fund & Term 3%s Mich A gold Jane-Dec York 1st mortgage 5s extended 1st mortgage 4y2s Lehigh Valley RR Series A 4s Series B Series C 1984 Y)— extended to Feb-Aug ■. . 1974 86 % 86 % 5yas Little conv Miami Lockheed 4.50s Lone D fixed For subord debs RR 1962 Gas ; *84% - —— ' , 64 61 64 V 29 62 60 55 62 4s 1980 Corp 3.75s 1980 Map-Nov 1976 4s/as see page Map-Nov debentures «*r 1983 D 38. April-Oct inne-Der 13 60 37% 35% 39 37 42 62 *102 62 112 112% 122 119 125 ' 48%. T 9 55V '2 '■■■ • 45 '• 15 1 102 n 60 •• '97 % 158% 98% 145 163 91 93 ,97% 737 9 *100% 102 92 92 119 •87%' 101 U - 63 Vi 1961 B . 101 % 115 117% 163 95% 101 101 117 % 1 99 118 100 701 97 104% Map-Nov 100& 4s 101% 3s 1974 85 79% *__ 88 % 83 *78% 84 78 % 82% 83% 83% 57% ' *75 Mar-SepZ 1977 if 101 *81 — Mar-Sept Jan-July —_Feb-Aug 1986 Light & RR 99 ji 100% -• 87 - __ *78% May-ZVou 81% % 86% *85% — Co— 55 % 63% 69 91% 91 % 92% 91 95 57% 58% V,V trust 1980 6s April-Oct Y colaltera] gold Cent —Jan-July 1998 3%s __ • 54 Feb-Aug ■>„ j V 52% mortgage income 3s series debentures Harlem Lack gold 2000 series A series B 3 ■ 58% 51% 54 50% 4s series 54% 54% Map-Nov •r first Susuuehanna 1st cons & gtd ,26 • 4s. 1994 mtge 4s Telephone 2%s RR— - 3s D 1982, 54 ; 5 65 677/a 47 52 12 ■ a - 53 57 i; 54%'.. 9' series - : 54% ■rf ; 30% 13 % 68 84% \' :..f4 ;„;4 : - 54% ■ 587/a — *63- ... 63 ,,.,,63 V - 86 : • • 102? .102 —_Jan-July 98%* ■ %98% 78% 80 Vu 85% 86 % • • —— }■ . 86 i, "'• -ii 79% ;T6 ; si .402 21% .3 84 ■ 64 19% ^ 88% iK.*85 Air,83.%? -% 1 , 15 1 ' » "r >82% April-Ocf *82% ,.-m *87 ■V__ ,*104.. 1996—April-Ocf 1974—Mar-S-epf wrles: A "1974——^—t. Mar-Sept* ' *"r 951'2'.>^?88%v98 .4.1 82 Vb .j 87.; V.;-'' "93% s—!k- •> 4? ...!.. y 77% 103 - B1V4 _82.y8. ;....... V «l2 84 .86 93%. 199 78% - •«^r..%>.103 •^•-^..95% ;;^-. " • / ■Us- "•v;>-82*%'* ? ; A- ^.April-Ocf .. 81%; " 99% :tvr * 80% 1_- 76% • 5,vl- 98%; > 63 61 5 ;:•"' . 80•■->.. 80 ; " .' v. ... 19%. >19% •J..* 1987——Mar-Sepf, Western Ry first gold 4s Central^general & ref 5s :»68 55% • 22% "9% T. j.2% . 85%'v ;• —- ; 3%s, 1983—Feb-Aug 1983 1.314 V . . mortgage -1980_— >8.4 ,,'V 54% - 1981 mortgage 1980— ' --i'V' . Jan-July 1989—_April-Ocf F 26%.- %; 11% - Jan-July 1978—Feb-Aug 2%b 3 Vis ref- 4%g : Jan-July- mortgage & 64% .~4 •' 49 ; ^1,2?.%- Jan-July '2%s 4%S 64% 67 7 48 Vu 11%;- —Jan-July. — 2019 A mortgage mortgage * 62 »•_' • 2004— .Refunding mortgage 3%s series E mortgage 90 12 67 % - 1977——-Jan-July — ser. A series 81% 55% 70- : rV- ifl93..Anril-Oe#; 4* 2%s Western & mtge Gas 14 84 . • RR— consol & 81-. 85 : / refunding mtge 4s ser A 2007_^Jan-.UtZp mtge conv Inc 4%s ser A 2022——_May Electric 57% • *68 -T Map-Nov - Hartford & *83 , 83% 87 ....57% Jan-July 1973 1973 B 57% April-Ocf —,—Jan-July A ... *89% 2043 West Putnam Northern . 6 81%:- .,"81 % .——Map-Nov 2043 4s Haven & 3%s 4s <te series New Norfolk > 83% 83% June-Dec June-Dec - General 101% 33 83% 56% 54 54% ——April-Oct i986 F 1989_ General •. 61 York Term Y 16 54 % 53% 53% 1998 Feb-Aug AGeneral Y 15 - Hudson River RR— mortgage 3%s 1997 Shore collateral gold 3%s General ' 87 92 % 5 1988- . 163 93 85 10 General 97% -91%-. -92 4 97 Refunding mortgage 3s series H Refunding mortgage 3%s series I 1996—AprjZ-Oct Refunding'mortgage 4%s series .J 1991—Mav-Nov vV Refunding mortgage 4%s series K 1993—Jan-July -Niagara Mohawk Power Corp— ^ ;V • • • 113-. i 86% 104 • 127 89% 54% Refunding ,1,02 104% 101% 88% 97 General 111 97% 8 104 —April-Ocf Terminal 3%s •1st 37% 107 86% 90 14 113 State 54 58% - 103 101% 101% 89 % 89 % 136 *• N 32% ,'•42 93% 88% 239 Y N 31% -39 t 90 % 90 69 Y 53 : 89% 2 89% 61 N "62"; , 101% -*•', Harlem River <fe Port Chester 4%s A-'73_Jan-July. >N Y Power & Light first mtge 2%s 1975_Mar-Sept 64^,, 30 1 93 Vu 56% Y l 8S% V 89% 93% Feb-Aug series Telephone 3 Vis Power Mortgage ;'V Mortgage 88 48 98 ; 112 y4 ——May-Nov Lightine Co 3%p footnotes, Aprll-Ocf 54 33% .•'/ 17 60 38% 53 52% 37 50 109% 89% May-Nov AGeneral mortgage 4%s series 51% 77 105% 100% 19 May-Nov 1980 131 67% First 54% 108% 109% Map-Nov & v' r.97- % 102 V8 June-Dec Connecting RR 2%a series B 1975^ * 56%- ... 1982 98% 77 *89 1983_Map-Nov Y 97% 80 % 109 % 1974—ApriZ-Oct Y .••62 / 9T • — debs 668 *103% 105% 1977—Mar-Sepf 1970—June-Dec debs 129 *77 . 60 V2 N interest 4s Aircraft Star *97 120 Feb-Aug 1985_June-Dec N 87% — 55 % 4%s • .. Jan-July consol mtge bonds— Interest 2003 May-Nov fixed Interest 2003 Jffap-Nov debentures Long Island 10 127% Mar-Sepf 1986 N 60% *80 55% * gen 2003 Map-Nov contingent Interest 2003 May ASeries E 4Vis contingent Interest 2003 May ASeries F 5s contingent Interest 2003 May Lehigh Valley Terminal Ry 5s ext 1979 Aprll-Ocf Lexington & Eastern Ry first 5s 1965 April-Ocf Libby McNeil & Libby 5s conv s f debs '76_June-Dec Lionel (The) Corp— A Series 87% ' 104 203 74% Chicago <fc St Louis— Refunding mortgage 3%s series E 1980 . fixed 4 Vis 5s to (N — 87% Lehigh Coal & Navigation 3y28 A 1970 April-Oct Vehigh Valley Coal Co 1st & ref 5s stp '«4_Feb-Aug 1st & ref 5s stamped 1974 Feb-Aug ^ehlgh Valley Harbor Terminal Ry— Lehigh. Valley Railway Co •• ~4 103 102% 103% 68 Vi 4%s 62 104 60% New .. 62 105 % 102% 45 104 43 % 1977 Central Michigan . *91 % '97—June-Dec 27% 100 102% 102% 72% 1974 Jersey N 1968 3 Vis >.24 7 104 102% 08 Vb General Co— series South 54 25 104 3 ser f s conv 4%s debentures Orleans N L&kefront 92 1 Collateral 123 96J/2 98% ,,-57 91 58 1982 . 21 97% 60 60 74% 78% •123 97% 3%s Co " '123 >' 43% 94 % ; 617/a 57 \ 23 % 65% 94% 70 *93 24% 717/a 62% Consolidated 4s series A 1998 Feb-Aug Refunding & impt 4%s series A 2013—April-Ocf Refunding & Impt 5s series C 2013 April-Ocf 156 77% ■ . 67 58% , :l 74% 1989 debentures New ■ *77% 4%s debentures New -- 152 3%s Corp 1st 3 Vis 3%s 1986 guaranteed New ' 150 Tea f s V First 1980 96 169 454 41% 1980 Junction RR 81 ,, a 00% England Tel & Tel Co— Lake .• 70 7 64 74% & Chem 4%s Jersey __ 83 70% 59 June-Dec New f __ *84 73 62% ; June-Dec Bell 84, " 82 67% 41 % 1976 Jersey 102 % 83 *78% Steel N Y Central & 1 84 70% April-Oct debs Prods mortgage 3s -- *80 Distillers mortgage 3s 83 95% 19% 121 102% 1970 debentures First 90 Va 82 70 16% Feb-Aug St Louis 3s & debentures National 98 % 89% 65% 595 Map-Nov " 1 81% 84 June-Dec subord conv 1st 87 % 100 181 June-Dec debs 5s 93% 102 *72 72 % 80 1986— 1978 New — 71%..' 99 97 Corporation— 1st ' 89% 19% 94% 93 2000 3%s gtd 2%s ' _ debentures National 102 53% 74 Feb-Aug 1981 debs 323 96 % ■ * 70 17% 58 .; conv Natl 104 % 86% 65 Vu 19 first f debs 103% 241 87 % 3 70 2045 1 1976 Malone National Distillers 103 90 63 96 80 4 income 3 Vas 103 99 94 63 771 3s 102% 100% 91% 57% 58% 90 99% 48% 16 96% 86 % 100% 25 94 61% 99 62 % Cylinder Gas 5%s National Dairy Products 87% 4 __ 50% 91 % 96 59% National Cash Register 4%s s Corporation— subord conv 76 77% 5 1 2030 5%s 85 % — 14 June-Dec Kentucky Central Ry 4s 1987 Kimberly-Clark Corp 3%s 1983 90% 74% 97% 99 1 2020— Nashville Chatt 72 — 102 . 5Vis — 49% 2005— NAFI 72 21 —June-Dec 1980 82% 1 71% 1 Jan series B Jan Natl ■' 103 City Southern Ry 3yes ser 0 1984-June-Dec City Terminal 2%s 1974 -Apr-Oc! Kansas ' 93 89 % 1978 2%a 202 N ' 5 — *82% Mar-Sept April-Oct 91 60% * 1967—ApriZ-Oct Jan-July 2033 4%s series C 3 %s __ Mar-Sept 1990 897/a 76 57% '.'' • 72 1976—Mar-Sept 1979 95% 88% 91 96% Airlines— subord conv Jan-July April-Oct 98 94 89 60% income 4%s series A Jan —— — — 101% 102% 102% Jan-July 1980 3s Jersey Central Power & Light 2%a Joy Manufacturing 3%s debs 1975 Kansas Mar-Sept Jan-July 86 ~~ — 76 income 4%s New A 86 96 — *58% 85% Corp— 1977 96 82% RR Co 83 102% 102% JPbb-Aup f debentures 1987 s 4%s 1979_May-Nou 89% Jan-July A Jan ser debs income 85% '103 % 105 Feb-Aug Chemical 93% 11 98% *89' mtge 5 %s Pipe Line Co— mortgage I-T-E Credit & 99 Vi 85 | mtge Morris • l *91 Jan-July 1981 debentures Interstate 1st subord conv Intern'l Tel B Minerals 99 82 Mar-Sept ' 86% Mar-Sept Jan-July 1989 82 gtd 4s 1991—_—Mar-Sepf Monogahela Ry 3%s series B 1966 Feb-Aug Monon Railroad 6s inc debs Jan 1 2007 April Montgomery Ward Credit 4%s debs 1980—Jan-July Mar-Sept mortgage 3.20s series I 1982 mortgage 3y2s series J 1981 1st mortgage 4%s series K 1987 75 85 4 95% *95% Jan-July 1978 D mortgage 85 83 *66 1st 68 II 85 *97% 1990 82 85 *75 1st 90 103% 827/a -- *86 Jan-July 1962 series 1 82% — . Inland Steel 175 95% 95% 1990—June-Dec 4s 4%s series B Jan 5s 13% 84% 72 1986—June-Dec C ser 101 RR— series A 5s lien Mohawk & 74% — — *77 Feb-Aup _____Jan-July 2%s 107 90 1 75 83 % April-Oct 1967 first Texas mortgage 77% — *77 Jan-July M»r-Senf f debentures 1980 s 96 2 - 86 May-Nov 1985 1st 105% 9% *84 May-Nov mortgage 3y48 series G 1980 mortgage 33/«s scrip* H 1989 90 72 74% Gen 105 67 10 81% 80% *85% mortgage 1st 103 ' Gen 102 101 24 Consol 1st 100% Co— 1st 101% 102% 56 10 V 23 68 % % 97 15 Consol 1974 149 90 103% 103% ApriZ-Oct Ry Mountain States Tel & Tel 2%s C 101% 105% Feb-Awp Mining & Mlg 2%s Missouri Pacific 94% 99 — 103% 104% 5%s 89% 92 41 100% 101 April-Oct series 101% 101% 104 Jan-July 1975 1972 Loula St Kansas ACum 125 100 97'/a 17 94% TOO Illinois Bell Telephone 23/4S series A 1981—Jan-July First mortgage 3s series B 1978 June-Dec consol — ll Mar-Sept 40-year 4s series B 1962 129 4%s RR 86 Vi . ;—Feb-Aug 1976 Missouri-Kansas-Texas ( HI Cent 83% 86 — *85% 101% 19 73——Mar-Sept debentures debentures 4%s coll trust 5s 5s *86 85% 104 83 - 1972 debs 1991 mortgage 6s Missouri 95% 15 89 % 89 Jan-July Jan-July refunding lAAdjusted f s Minnesota 81 Manhattan— & 100'/a 10 & Scott Corp— debentures f s Minneapolis 368 94 129 100 Jan-July 1981 47/aS 23 83% 82 % 1st 368 "l 368 127 128 June-Dec 1982 JHudson §A Jan-July Mar-Sept fund debentures debentures 1977 f debentures s 368 1970 83% 83 Vi 160% " 80% 101% -- *77 Jan-July 1972 Corp & Co— 1980— debentures Prior s 4%s Mar-Sept 1968 104 83% 2 102% 103% St Paul & Saulte Ste Marie— First mortgage 4%s inc series A Jan 1971—May A General mortgage 4s inc ser A Jan 1991—-May 1978 .Mar-Sept 100 140 / __ Minneapolis 1970_ 1984 84 103% Feb-Aug 1977— 5s debentures subord conv Prior debentures Ray) 84 84 Feb-Aug Robbins 3%s 105 __ 156 *79 7i 85% 78% ' June-Dec 1999- 80 106% 82 — *83% Mar-Sept 1980 104 102 *99 Corp— debentures 4%s 5s 4%s 68% 84 104% — June-Dec of America— coll conv Household 4yas first subord Corp 2%s debs 72 Va 103% ; __ :'143 Michigan Cons Gas first mtge 3%s 1989—Mar-Sept 1st mortgage 2%s 1969— Mar-Sept 1st mortgage 3%s 1969 Mar-Sept 3%s sinking fund debentures 1967 Jan-July Minneapolis-Hor.eywell Regulator— tsa -- (J debentures 3%s * 104 Jan-July 1972 1978 Realty Corp subord conv 4%s June-Dec mtge - . Michigan Central RR 4%s series C 1979—Jan-July 80 % 26 — 5s 4%s -57 84% __ May -Nov subord Ry Chemical conv Hotel first conv __1 *105 Metropolitan Edison first mtge 2%s 1974—May-ZVou 1st mortgage 2%s 1980 -Feb-Aug Michigan Bell Telephone Co 3%'s 1988—Aprll-Ocf 70% 68% *103% May-Nou wts" debentures debentures Merritt-Chapman 202Va 55 f Stores 4%s 56% 138% 149 56% 64% 67 % 56% 200 — 66 H Hackensack Hertz 68 60 84 —Feb-Aug 1978 "ex 2%s f debentures McKesson & 61 %" 67% " 1968 Stores McDermott . 72 subord 5%s RR 5%s Co Dept s ; 65% 5%a Inc Central 3 %s 71% — 67% June-Dec ... , 63 % 79% - 68% __ 82% *81 1972—Map-Nov ; —Feb-Aug June-Dec 1983 72 66% ' 79 *68% 1988—Mar-Sepf 3%s 99% *66 Jan-July 2%s mortgage 2%s 1980 1st mortgage 3%s 1981 1st mtge 3%s 1982 91 Vi . (R H) & Co 2%s debentures subord debentures 1977 133% 71% May-Nov 1st 63 2 *70 gold 3s conv f 132% 110 99% April-Oct 1969 mortgage *103% 71% June-Dec 2%s 1st mtge 1978 1978 * ? 1 63% I 2003-—April-Oct mtge 3%s ser second Trucks 5s Martin 104% 94 V8 80 RR— Utilities mortgage 3s div Mack A 102% 95 7 Jan-July series O 2000 '! 91%' *79 Macy 104% -Jan-July Jan-July Jan-July Jan-July 69 63% . April-Oct M 98%, 121 101 % 95 Jan-July series N 1990 Financial subord Mobile 1st 90% , . May 1978 D 69 April-Oct 1980—;——Mar-Sept Louisville Gas & Elec 2%s 1979 _May-JVou 1st mortgage 3 y«s 1982 Feb-Aug 1st mortgage 3 Vis 1984 April-Ocf 1st mortgage 4%s 1987 Mar-Sept 1st mortgage 4%s 1990Apr-Ocf *95 *102% 104 104 General mortgage Inc 5s ser A July 2015 April General mortgage Inc 4s series B Jan 2044 April 1st & ref M 3 % s series G 1980 May-Nov 3s Louis St 200 Map-Nov *75_Map-Nov Jan-July 99 Va i-i' * 190 191% First & refund 82 187% Aprfl-Oct 1973 C mortgage Western 1st 98 181 May -Nov conv 96%" I''" 1 -91%'" • High ' 96% 186 May-JVou & Co conv 5s 93% 105 105 2%s 1995 29 Nashville RR— & 118 103% '79—Feb-A up 91% 93% 90% Jan. 1 Low 0. *81% April-Oct 92% 96% Sold 99 vu Mar-Sept Range Since Bonds High 99 99 April-Ocf 1963 -— 1978- 92 % 104% 1985 3Vis General mortgage 3%s General mortgage 23/4S General mortgage 25/aS Great Louisville debentures 3s 1976—— debentures 91 102 % 1983 Co (P) debentures 3%s 104% 105% 93% Q? 104% Friday's or Bid & Asked " 74 —June-Dec Company 4%s conv 1978 Ry Co— General Gulf 92% Northern General Gulf 89 y4 87 4%s -1981 debentures debentures General 5s 85 182 Jan-July Union Great 92 97 % Mop-Nov (W R) Grand 90% 3s Maine s Grace 97% Mar-Sept subord conv 43/4S 95% ;>/ 104% 1979 Sale Price Low 100% 45 104 1980 Rubber & Co Ooodrich 45/as 4%s Tire Glidden 100 ala 96% 103% 104% 4s conv debs 1971 debentures 1977 convertible 2,586 96 32 104% : Corp 3%s debs 3.20s Telephone 100% 100,7« 96% 92 103% 1982 4%s 100 Last Period Exchange High Mar-Sept 1981; General Low No. New York Stock Mar-Sept Mar-Sept ,__Mar-Sept 1980 5s 45/as High Interest BONDS Jan. 1 Lorillard 1961 debentures debentures 3%s Range Since Sold Acceptance Corp— debentures 2%s 3s Bonds Bid & Asked Low Week's Range Friday Friday's or Monday, March 20, 1961 . . (Range for Week Ended March 1 7) Week's Range Friday bonds . • 78% 81% 82% 87 195 '/a •: 95% 88% ,88% -81 82% Volume 193 Number 6039 . . The Commercial and Financial Chronicle . (1253) NEW YORK STOCK EXCHANGE BOND RECORD Friday BONDS New York Stock (Range for Week Ended March 1 7) Week's Range Interest Last Period Sale Price Exchange or Friday's Low High Week's Range Friday Bonds Bid & Asked Range Since Sold No. Low Interest New York Stock Last Period BONDS Jan. 1 Sale Price Exchange or Friday's 3*4* Natural 38/es Gas f -debentures s s f debentures s f debentures s f debentures 4%s debentures f s debentures £ s 5'/as Pacific Northern 1978 General lien Jan 1 lien trust Lew 1st 3s First 1st mortgage 1979 Tp'enhone conv 13 .57% 96 96 3 4 31 88'/4 2047 Jan-July April-Oct 1974 Feb-Aug Edison First High first Electric 3%s mortgage mortgage 4'As 106 145 88 89'A 7 85 *78'A — 82% 84% — 85% 89'A 82 *84% —June-Dec — 85 -- 18 82'/4 85 — June-Dec 1982 conv 3%s debs Corp—• ' • —: Gas Electric & *100 1988 121% 121 121 'A 122 June-Dec 122% 199 115% 122% 110 115% 122 94 3 92% 94 108'A 112 107 106% 112 93% ' — 112 April-Oct 1978 100% 99% 121% May-No® Mar-Sept *97 June-Dec 90 First & First & refunding 3s series K 1971 refunding 3s series L 1974 June-Dec First & refunding 3s series M 1979 June-Dec First & First & First & series N 1977 23/4S series P 1981 2%s series Q 1980 3Vas series R -1982 refunding 1st & 1st & ref mtge & ref 3'As 1st & ref mtge 1st <te ref 5s 1st & ref 45As series 5s EF series 90 7 89 85% 10 82 85 3 4 86 11 82 % 86% Sears 4 80% 3 77% 80% 26 78 3 4 83% 85% s 5s 82% 85% Service 82 83 3A 83% 85% 5'/4s , 1 89% Shell 24 82 84% Sinclair 15 81 % 84 Skelly 84% 84% 84 85 82% 85% *86 103 ■ 105% 2 ••i; __ 103% 18 104% 105% 96% 103% 91 % 106 5'As 1978 debentures 1988 Pan American 4%s conv Pennsylvania 1983 103 3 99% 104 3s 24 102% 106 104% 104% World *83'A 88 20 105'A 99% 27/bs 87 'A Feb-Aug 8 76 78 % 3'As 75 79'2 1979 Feb-Aug 1975 General 5s series General 4'As series D General mortgage 103 gold 1974 series 4%s 'A & refunding First & refunding refunding First First First First First First First First First Philco . 4%s conv debs subord Philip Morris .Inc; 4%s f Phillips 4'As Petroleum conv ■ 91 'A 871/4 88% . sf ' debs 4 — 38 Southern Natural Southern Pacific 84% First 4'As (Oregon 90 3 8 Gold 4'As Gold 4'As 102 103 % San 102 97% 531 mortgage 5s,series General mortgage 3%s Pittsburgh ./Pittsburgh 1st B series 103 3 92 "4 4 1984 Pgh Young,stown . & Ashtabula V 1st gen 5s series gen 5s series C • ,. 3'As s f Pipe Line debentures Electric 23As footnotes, 32 81 91 139% Mar-Sept 19"7 A May-Nov May-Nov 1st 33as ser mtge Pacific RR A mortgage 27us mortgage 2 As series series E F 1986—i 1996 Jan-July April-Oct Jan-July Feb-Aug Jan-July Spiegel June-Dec 205 84% 84% 2 84% 84% 95 'A 81 85 Jan-JuZy April-Oct April-Oct Standard Oil (N J) debentures 23As 1971—May-Nov 234S debentures 1974 Jan-July Standard Oil Co (Ohio) 4'As 1982 Jau-July Stauffer Chemical 3'As debs 1973 Mar-Sept Sunray Oil Corp 2"As debentures 1966 Jan-July Superior Oil Co 3%s debs 1981 Jan-July Surface Transit Inc 1st mtge 6s 1971 May-No® Swift & Co 2%s debentures 1972 Jan-July 27As debentures 1973 May-No® 103 92 »A First bAs mtge 86'A 88'A 93 % 94 % 14 91% 94% 84% 84% 5 82% 84% 77% 79% *82 85% 81% 81% *85% 87 84% 85 81% 81 83% 3 85 103% 104 3 i *92% 11 104 7 100% 94% 89% *102% 102% 98 * ' 3'As Tel Bell Southwestern Tnc 5s Oil Standard 107 107 ~6 102 '/2 105 101 104% 545 107 92 *103% 104% 96 3 4 123 91% *72% 97 124% 91% 75 104 •'% 102% 16 104'A 95% 461 97 127 114% 10 90 — *98% 5' senior 2s os capital /:91 % 98% Terminal -- 91 *96% 96% Mar-Sept 98% 88 91% 91 87% 96% 1 70% 95% 96 94% 97 7« 90 70% • RR 90% 83% 83'A — — 60% — 104 103% 16 10614 92 4 99 —'• — 84 5 85% 106'A 115 100 104 '/a 86 % 13 86% 10 83% *91% 10 95'A — 86% 83% 100 95'/a 94'A 90'A • ' 87 99% 100% 95'A 103% 99% 49 33 110% 112 102 3 86% 205 103% 112 102% 100 84 81 138'A 16 103 78% 75% 284 4 99 «.«. 12 78% 205 102 % 92 95 ■ — 84 95% 62 101 9 181 86% 69% 69% — 104 99 90 Va 94 94 10 90% 94 95 95 4 90% 96 84'/8 94 84 Va 1 84'/a 84% 90 91 *__ Feb-Aug June-Dec *100 Texas Corp Texas & 96 and 100 85'/4 Term RR 160 ■ 97V2 of New Products 47bs debs 2 80'A 5 80 81% 90'A 94 98 93% 92% 93% 97 97 97% 92 86% 86'A 6 85'/a 75 75 debentures mtge mtge *96% 77% 77% Union 1974——June-Dec Feb-Aug 130 % April-Oct *84'A 1982 25 74% . 85% 1980-: 88% 82% 93'A 85 88'A 89% 91'A 5c ~4 89 81% 85% 81% *84 % 87% 85% : 86% 88% 88 % 88 88% 83 83 79% 70 70'A *80% —June-Dec May-Nov 2%s debs , 1991_Mar-Sept >- ^ 83 68% 70% 97% *98% 103 AprZZ-Oct . 98 Va Inc— subord debentures 135 81'A 86 % Co 79 76% 119'A — 93% mortgage 2'As series C 4 As s f debs 1973 Lines 26 131 93'A coir tr 2As 3'A<s 1982. Air — *84% & Biscuit 96% 76% 79 1971—May-Nov 3%s Car conv 86% 75 *93'A , U Missouri of California Tank 82 % "71 2 99" coll trust 2%s 1975-ApriZ-Oct 1968— May-Nov of and 1970 June-Dec Pacific' RR> 2As debentures 1976_—Feb-Aug Oil . 95% *76'A 1986__ ' Co mortgage 1st 3'As Co V Electric 3%s 94'A Pacific— Orleans 33/es Oil 4As 133 first gold 5s 2000— June-Dec refund M 3As ser E 1985—Jan-JuZy Tidewater United 97 82'A 81% RR— Thompson United ,• 105% 17 M 3'As refund and Refunding 160 81% 170 103'A Pacific-Missouri Texas 3s 100 85'/4 "97 May-Nov 82'A 136% 8 105 % 105% & Pacific 96% "84* 156 Orleans New 1983 Jan-July April-Oct May-Nov .105% 103 20 161 % 167 series B 1970—ApriZ-Oct First and refund M 3%s series C .1990—ApriZ-Oct Union >85 (The) 3As debs 3s debentures 1965 Company Union AprZZ-Oct Louis— series C 2019., 1985- M 4s 2As series D 1st Mar-Sept St impt impt ■ 82 100'A of Assn 1 105% 105% June-Dec and Texas *91 __June-Dec 1979 1980 and 96% Ryi—: 38. — *92 June-Deo 1979— notps notes Refund First 160 --- Inc— notes — 13 *96% 1970—- 1982 3'As conv Refund Texas *70% 14 100% 84% 77'A debs 1985 1983 conv senior r General 90% 96% 95% 96'A 55 105% 106'A 106'A — *98% <■ 91% 71 April-Oct May-Nov 2%s (Indiana) (James) Talcott First, __ 80 *85% conv subord debs 1984: of California 43/ss 1983 debentures 4'As 1994 1983 debentures a 94 ' — 59 139 84 3 8 *83 — 168'/a 55% 139 — 83% 83% 124% 165 15 57% — 90% RR 3%s 1977—May-No® & Northeastern Orl New 1983 11 series first consol gold 5s coll tr 4'As 1988 div first gold 5s 1996 Ry mtge Standard Oil __ 851/3 95:% *61 60 104 165 104 57% — 79% 81% *69% Jan-July 58'A .. 78 76'A *83-'% 53% % 76 2 88% "75—June-Dec 15 104 5 Co— 55 ' 83% 97% 6 93 % 88% 60 — 79% 97% ~ — 99% 100% 94 57'A — 1 83'A 78% 57% 100'A 58% *79% 95'A 1217'a '96% 8 5'/a T36'A 55% 84% : 78 *160 57% 57% ' 197 113% 120 78% 74'A *87% 88 106% 94 78 70% — 86'A 85'A 71% — 140'A 100'A 10 83'A 22 *81% 23 311 95% *98% 74 % — 87% 106% 87 120 73 % *95% 90 125 95'A 0 — 122 140% 105% 87% 73 3 *88% see page 101 87'A 136 106'/» 75 8 1st For 91 98 *88 67 April-Oct 1986— c— Power 88 89 75 Co—Al/, mtge 3'As 1977.—: 11. .1 Feb-Aug 1st' mortgage ^3s i983_^_— --Jan-July 1st mortgage 2%s.. 1984_—_Map-Nov 3%s convertible -debentures/; 1973-! May-Nov Procter &, Gamble 37/bs dehs 19^1— Mar-Sept Potomac 106 73 % 13 1st 4'As series D ;1977__— June-Dec Plantation 106 103 74Vb __ApriZ-Oct :l —— 104»A 100% 39 Memphis 1964!—May-No® B -1962— 1st 69 102 % 103% 105 99 % June-Dec E 1975_ ,— i974 Lines) First Union A 89 89 __ 104 97 3 Feb-Aug 1975, 103% 104 101 1964—Feb-Aug 1970 mtge 3VeS 101 102% 98% Consolidation. Coal 3.'As 1965—Jan-July Plate Glass 3s debs 1967 ApriZ-Oct series Term Fran Southern ~ Pittsburgh & West Virginia Ryr—;' v' 3%s 1970 Jan-July 2%s-4'As 1994 Jau-July Co 4'As conv 1973_Juue-Dec 1981 ' •General 78% 81 — Co— 1969 89'A Pittsburgh Cine Chicago ;& St Louis 'RR— Pittsb Coke & Chem 96% 76 44 98 % 1979—-.—June-Dec A 96% 10 78 % Co— Indiana • 19(17—— series 140 18 98% Pittsburgh .Cincinnati Chic &J3t Louis Ry— Consolidated guaranteed 4'As ser I 1963_Feb-Aup Consolidated guaranteed .4 'As,ser J 1964_May-Nov 5s 109'/a 100'A 101 1st Mills Inc 3'4s s f, debs 1972 June-Dec Pittsburgh Bessemer & Lake Erie 2%s 1996 June-Dec mortgage 94 105'.4 106 99 Plllsbury General 221 138 % 79% 93 96 100% debentures convertible 84% — -- 1 n 79% __ 102 % 103 % 102% 87 'A ,J.9,84lA-_——:_Apr-Oct debs 91% 91% — 105% 96 3A June-Dec debentures 23As subord y 81 *87% Jan-JuZy Feb-Aug J&n-July Edison 86% 11 Jan-July June-Dec April-Oct 1979 1987 87 % . debs 1965 1985 82 % 84 'A *90% Jan-July ApriZ-Oct April-Oct ApriZ-Oct 1986—June-Dec Jan-July 1979 88'A 5' 2 ' A 89% 81 84 135 102% 84 1967 1974— A Corporation— 67 89 78% 149 Jan-July 1977 1971— 23As 23As 63 *96% 100 99 May-No® May-No® & refunding 2%s 1981— June-Dec & refunding 27/ss 1978 Feb-Aug &. mortgage 3'As 1982__ Jan-July & refunding 3y«s 1983 June-Dec & refunding 3'/as 1985—; April-Oct & refunding 45/aS 1987— Mar-Sepi & refunding 3%s .1988—— May-Nov & refunding mtge 43/ae..l986 June-Dec refunding mtge 5s 1989————April-Oct & First 23As 64 Telephone & Telegraph Co— 85 % 1 1982 conv Ry Gas Philadelphia Electric Co— First 137 % 87 'A Feb-Aug C 73 66% 66 *93 97% Marquette Ry 37As series D 1980—Mar-Sept Philadelphia Baltimore & Wash RR Co— General 74 68% *79% April-Oct 1981 B 68% 10 *90% 86% 4'As series E series 34 71% *81 98 % Pere 5s 70'A *89 86'A 1984 Jan-July General mortgage 3%s series F 1985—Jan-July Peoria & Eastern Ry income 4s 1990 April General 66'A June-Dec 1968 B 69 % 70% April-Ocf 1965 A debs f s debs California Southern series 72 *70 June-Dec Light 3s & Power 4'As 65,. A Marchant— 80 88 *91% — 43'as First debentures 1977 1979 debentures subord Bell Southern 100% 100 3 1964_June-Dec Oil Corp debentures 9 4 Pennsylvania RR— General 4%s Co debentures 78% Airways— subord 70% *88% debentures 1982 2'As debentures 1971 debentures 78 3 84 *83% , Feb-Aug debentures debentures 1982 & 2'As conv 2%s May-No® 3'As 60 72 *84 Feb-Aug May-Nov Jan-July 1983—Feb-Aug 1972—..— Socony-Vacuum Oil 2'As 1976 & North Alabama RR 5s 1963 105% 106 — Mar-Sept 1981 Oil Western 63 Corp— Acceptance subord Oil Southern 103 June-Dec 1992 1991 4%s 63 June-Dec South 96% 105% 78% Pacific 94 Co— Oil 103 78'A debentures 88% *72 June-Dec debs Union June-Dec April-Oct Mar-Sept debentures Mar-Sept —Jan-July 1974 subord Smith-Corona 103% 99 27 27 96% '/a June-Dec 1990 April-Oct debentures 85 148% , „ 93 7 8 *88% May-Nov 2'As 1966 Sons & E) Rubber conv % debentures, 1985—June-Dec 35/as 128 . Fipe Line 3.20s s f- debs Oil & Gas Corp— 84% 234s 3%s *92% 185 Shamrock 84 % 1987 3 'As 85 — 148% Line RR Co— Roebuck conv 89 1986 debentures *99% 6s Francisco debentures 5s 83% debentures 3'As - • > 88% debentures 84 debentures Tel 139 88% subordinated 89% 3Vis & *85 148% 63 4%s 82 4 33 *83% — 27/3S Tel 102% 90 88% 115'A 4»8S « Southern Pacific 56, 98% 2 89 142% Seiberling 83 % 82 '85_June-Dec 1991 FF 53 % ... - 108'A Roebuck Sears 87% 86 % 82 June-Dec DD 16 70 54 -89 108% (Jos 11 85 3A June-Dec series 4'As series 54'A 101% 101A 101% 34 debentures 3s 20 82 1989- BB 92 90% 85 34 1978.—— CC series 97'A 88 16 89 June-Dec refunding mtge 3%s ser 1st 96 90 % 80 3 84% & (93% v: ■ June-Dec June-Dec & First 95 393 1977— mortgage 85 3 86 refunding mtge 3%s ser Y 1987-June-Dec Z 1988_June-Dec ref mtge 4%s series AA 1'986 June-Dec First 98 % June-Dec U ser *95 5i4 115'A debs conv 1996— —April-Oct Ry Co— A ' 1st mortgage 4s series A 1997—— .Jan-July ASecoud mtge inc 4'As ser A Jan 2022 May 1st mtge 4s series B 1980— Mar-Sept A5s income debs series A Jan 2006 Mar-Nov 6t Louis-Southwestern Ry— First 4s bond certificates 1989 May-No® Second 4s inc bond certificates Nov 1989_Jan-July St Paul & Duluth RR 1st cons 4s 1968—.June-Dec St Paul Union Depot 3'/as B 1971 April-Oct Scioto V,„& New England 1st gtd 4s 1989—May-No® Scott Paper 3s conv debentures 1971 Mar-Sept Scovill Manufacturing 4%s debs 1982 Jan-July 85% .' 84% 3'/as 105% 113 gold 82% . June-Dec 1983 3%s mtge mtge refunding * 115 Louis-San 87% — 3Vss ser W *84—June-Dec ser X 1984 June-Dec & 101 92% 102% ' Power 3s series A 1971 Mar-Sept & Adirond'k 1st gold 5s 1996-Jan-JuZj/ 90% ■ refunding 2%s series T 1976—June-Dec First & refunding First S 41 103'A 104% 90 June-Dec 6'As ' June-Dec 3s series 103 'A 25 93 % 142% Lawrence Seagram June-Dec & 3s 82 90% 135 Seaboard Air Co— refunding 3 Vis series I 1966 refunding 3s series J 1970 First refunding First & refunding Filar, & refunding First & refunding First & refunding 88 79% 140'A 3s series B 1980— 37'bS s f debentures 1977 Seaboard Finance Co 5'As debs 1980 First & 92.% 9 3'A / Mar-Sept 3'As series J 1969__—Mar-Sept 5'/4S conv debs 1977— Jan-July McBee 1st Pacific 86% — ' April-Oct 1983— 1977— D Aircraft Second St —; 85 — --Jan-July conv debentures Electric & Gas serial Royal May-Nov 1983 Co 43/4S 193 June-Dec : 5V2S ; Corp— subord conv Rchr 120 '/4 163 165'A 92% *82'A " General mortgage 103'/a 153 72 89'2 .96 162 80 Mar-Nov 1987 Glass Co Paper 193 135'/4 145 145 ;_Feb-Aug _ 1988 debs Oxford Oil Richfield 43/8S Mar-Sept Chemical Owens-Illinois , *As ' V Co— 1985 3%s 1st subord 180 i__Jan-Jiily 1964 Reading Co first & ref 3'/uS series D 1995_Af^y-Nov Republic Steel Corp 43as debs 1985-2—Mar-Sept Rochester April-Oct 1982 3'/is 1st conv 99% Mar-Sept 1980 Mathieson 2 *88% • Riy,.> 'V/','y,AA:;:. St — 5'/as 102'A 102 »4 165'A 165'4 109 a 25/as debentures Oats Baguenay 2%s mortgage 105% .98% 953A 103% Feb-Aug 1974 3s mortgage mortgage 96% 5 95% *109 Reynolds tR J) Tobacco 3s debs 1973—April-Oct Rheem Mfg' Co 37/as debs 1975—; .Feb-Aug o mortgage & 99 89% 12 4 80 97% —■ 96 3 96 83% 80 1 1053'i 105% June-Dec 1984 — 1975— Gas *98 J&n-July 2%s q 85'A 83'A __ High *97 *83% — 85 80 *— 10 .98 A 92% Quaker 82 82% 4 98 June-Dec 1972 S 80 84 3 98 refunding mortgage 3'/4s l983_April-Oct debentures 1975___. A April-Oct debentures 1977———: »-«,• Mar^Sept 4®/as Jan. 1 Low No. . 1968_Jan-July mortgage 5s 2037,—Jan-July mortgage 8s 2037—June-Dec mortgage 3s 1972 May-Nov mortgage 27As 1979-Juue-pec refunding refunding Range Since Sold : 93 June-Dec ; mortgage; 2%s I97p__ 1st mortgage 3s 1979—— 1st mortgage 2%s 1980 Olln 80 *83 'A . and 3'As 105 92 Jane-Dec 1st 1st 7 ..April-Oct ____ 2%s Oklahoma 1st 93 Feb-Aug 1975 mortgage First 80 April-Oct and and debentures - Vi, 927a ■ . .May-No® refunding refunding First . Co— refunding mortgage 3'As 3%s 62'A Vy 1996 / 'ifc ■ 61 Gas & 1963. debentures -First • 60'/4 1987— Corp Bell 105 »A Electric Service First 102'A 104 60 »A 25/sS 1977— Northrop debentures 100 101'A 90 'A June-Dec Aircraft Inc 4s conv Northwestern and 1979-—___:—....Mar—Sept 45/as 5s First 100 1027/b Jan-July Northrop Ohio 6 80 3s 97'/2 and 87 mortgage 5S 1990— 3'As 17 *80 mortgage and First «98% 105'A 105'A June-Dec 1st First 12 1978 (Wise)' 1st mortgage 89 '•97'/a 100 101 % 10134 mortgage 3Vbs 1984—A—. April-Oct mortgage ' 4V4S 1986_————Mar-Sept mortgage 4« '1988 ._Jan-July First 1st 88 89 'A 1st mortgage 2%s 1979—, First mortgage 3'As T982„_ „ ,<-v'Tirst 6- 3s 89 •. first mortgage 23As mortgage 2%s 1975 mortgage A 97'A 90% 89'A —.—1 ■ (Minnesota First 'A Public 88'A — 90% Quar-Feb Co— V States' Power *— 90% : __ 1997—Quar-Jan ser A 1984 4s 4s ,2047_, Refunding & Improve 4%s Coll Northern 97'A A May-No® — prior *89'A ' —. May-Noi May -Nov 1979 Ry 3s i 1980 debentures f s *9034 May-No® May-Nov May-No® 1977__ 4% *9034 May-No® 1976 4%s ' 1973_May-No® 1974 4VaS - debs 1973— 3*4S : f s Bonds Bid & Asked High ' Northern 33 debs of 1985 America 1977— 2%s —June-Dec 1966April-Oct Mar-Sept 130 130 125 *93 ' *91% — -- 124 —- • 121-130% .90%-'.'.92 88 88 Continued on page 38 34 Chronicle The Commercial and Financial (1254) . Monday, March 20, 1961 , . American Stock Exchange WEEKLY AND YEARLY RECORD In the following extensive list furnish - Friday STOCKS , • Last American Stock Exchange Week's 1 Sales stock of Prices Aberdeen Petroleum Acme-Hamilton Acme Shares Bange Since Jan. . & ft. .ft 1 American Stock Exchange - 3% 3'A 1,600 2% Feb 3% 2,A 1% 2% 180,900 172 Feb 2% Mar 25c Construction 12% 10% 137a 37,500 7% Jan 13 % Mar Acme Wire Products 1 2% 3% 1,000 10 16% 14% 1C% 10c 8% 8% 97a 4,900 5,900 1 4% 4VA 4% 6,000 37a 6,800 5072 Jan 70% Corp 6% Jan 87a Surpass Shoe Investment & Great Feb 19% Jan • r.- 67 7% 7VB 7% 2% "5% 4 3% Jan 8% 3% 2,400 50 Brawn British Petroleum Alaska Airlines Algemene Amer All Alleghany Allegheny Alliance Corp Airlines Tire & Artists 5 Va % Pictures convertible 70 Jan Jan 9 74 Mar Jan 7% 9% 9 Va 10 y4 52,900 7 Jan 1 6% 5% 6 "A 15,700 £1Y* 8% 8V2 8% 1,000 6 Va 13% Corp 1 preferred 6 6 10 127/a .— 87a 472 Jan 400 10% Jan Allied Control Paper Alsco 1574 4,300 9V* 87/a 9% 17,300 1 Inc 13 y8 8 Co 10% 10% 117a 4,700 80 14 50c Corp Jan Inc , Aluminum Co of America 8 1074 $3.75 pfd_100 81 82 850 Ambassador Oil Corp 1 4 3% 4 10,100 3% American 1 6% 6ys 7% 12,900 4% Beverage American Book American Corp Business Co American Israeli American Paper Mills shares 15% —10 6% 7 ,v 2,400 6% Jan 7 4 3% 4% 3,100 374 Jan 4% Mar 14 13% MARC Manufacturing American Meter Transfererd American 1272 Feb • 66% 74 55 Jan 82 15 Mi 207a 45,900 13% Feb 12% 72,700 8% Jan 12% 3% 3% 6,900 374 Feb 4 Feb 5 4V5i £1 50c 6% 12.50 33% Mar class 4 Va 6% 472 7 1,800 21,700 33% 33 preferred Writing Paper 6% 6% 1 A 5 13 72 13% 4% 47a 57i 600 2672 6% 4% 31,100 14#a 7,900 Jan Jan 472 I,900 Jan 1072 478 3274 30 ^——5 j t Lead Post A__ Mines 4% 1 Ltd— ' '^A 2% 20c Jfn Feb 350 1,200 34% Mar 2 % Jan". % ft 8,500 19 74 300 1674 l/2 Jan Jan 22% 6,500 12 72 Jan 600 574 Jan Angostura-Wupperman Apollo 20c .'—1 Inc 5 4 8,600 3% Jan 6 Jan 3% 3% 8 674 300 65% 59% 66 78 14,900 4572 1,900 3 72 6 V 1 Corp Inc__. Industries Arco Electronics class Arkansas * Louisiana Power Armour & Arnold Co Asamera Light Oil 25c 2.50 4.72 , 4% 5 26 Va 20% 27 94 94 95 5 Feb Jan 7% .— CO 1 9% Ltd— 40c Food Associated Laundries Associated Oil Stores 474 Jan 6% Jan 5% 9% Jan 27 Testing 801/* Jan 95 10 9 Feb 10 7a 35 Jan 4174 12,300 95 Feb 967a 29% 27 74 31 II,400 2072 Jan 31 2% 2% 4,800 1 % Jan 3 4 72 472 200 4 Jan 574 Jan % lft J- % 74 11,900 Jan 6% 67/a 100 5% Jan 3% 4% 16,000 2% Jan Carolina 172 2% 84,200 46,400 1 '/a Feb 2% Mar lc 6% 6 6 10% 22' • 10c 23 5 Jan 774 1,000 9% Jan 1172 147a Jan Castle Feb 16,100 24% Mar 3 72 1,500 52 Jan 59 74 5,300 3972 Jan 53% 10,200 1% Jan 27b Central Jan Sugar 5p & Sewing Centres Avis Inc 2 7a 272 67» 6 6% 1% 2 Jan 372 Mar 15% 14% 2,900 5% Jan 1% Jan 2 16% 8,000 13% 4% 7a 4% 16,100 4 28% 27% 29% 11,400 2574 6'A 5% 77a 13,400 4 1 10% 8% 10 72 17% 167a 18% 6% 5 7a preferred 1 672 5 Corp 15 s. ■ 6 Jan 6 74 31% Feb Jan 674 Feb 6% Feb 1072 Mar 18% Mar 72 3% Jan 7 1,500 4% Jan .; 6,300 97a Jan 15 1,500 14 Jan 15% 547/a 3,200 42 Jan de Banff Oil los Gas class A__1 56 14% 900 1772 Feb 19% lc 4>A 474 13,300 3% Jan 474 Feb 5% Beck Bell (A S) Co Benrus Watch Co Birdsboro 5%% Borne For Jan 26,300 31 Jan Chief (S) (H C) prior 15 Jan 107a 43% 19% 21% ltt.JUO 9% 9 7a 9% 5,400 1% 172 15 % Chemical 7.50 Corp- 1 : Jan U Jan ~3% 674 10% ~4 3,100 9% 3% Feb Feb 13% Jan 2072 Mar *•' 10% 1,200 10 % 107/a 1,600 8 9% 2 8 Jan 12 72 Feb 2,000 48 Jan 50% 6,700 14% Jan Jan 7% 3% 1 8% 8 72 8 -• 40 V2 • ,'43% common— , page 1.50 38. 6 72 450 227a Jan 5 7% 27.700 3% 3 72 3% 25 19Va Jan 3% Feb 5 87a Jan 8% 40 44 72 12,800 35 Jan 48% 32 78 Jan 3472 Mar 5ft Jan 8ft Feb jft-i k''iQ 200 27% Mar 29 3 A) 2% 22,500 7 29 Feb > % 314 Jan 7) J Feb Feb 89,200 6% 4% Ja.i 3,100 7% Jan % Jan .IS Mar J>% •Tan 13% Mar 1,100 ' %> 13 35,800 9% 12,000 Jan 16% Mar Mar 6 10% Jan Feb 15 7t Mar ' 23 5% ft 83 21% Mar- 150 5%-. 10272 105 Jan 65 Jan 102 Jan 105 i90 ft 6 Jan 15 72 1,000 .674 7 7a 9,700 697s \1% 74% 5 Mar ft Jan 67b Mar 1074 Jan 15% Mar Jan 61 78,700 772 Jan 17a 78% Jan 160 70 69% ft Feb Jan Jan 133/a 14,800 1% 174 ■ 10 200 14% . 1074 674 Jan 5% 100 1074 7 Jan 90 210 , 5 900 85 6 25 400 __ 65 Feb 1% Mar Jan 8074 Feb Feb Jan 70 Mar 8372 150 16% 17 72 1,200 147a Jan 18% Mar 25 72 25% 150 23 Jan 26 - 28 2972 650 2672 Jan 297z Mar 8V2 8 8 72 500 5% Jan 1074 Mar .82 74 8372 17% 25 72 pfd——100 —- 17a '17a Mar 3,000 13 72 -1574 73 __ , •ft 8 ft 1 8 8 1- 17a 13% 5 13% —2 2 60% 59 2472 2472 —1 — Feb Jan 15,700 •'ft- 22 72 — — 15% Jan 14 Jan 5 74 11% — pref—100 3% 15% 4% ' 12% 14% 23 5% Jan 10 7a 13% 10 Inc Machine Mining— 1 1 'ft _10c Corp— 5% 29 . . . 83 72 Mar 6% Jan 300 -17a 3,400 % 1,600 11% 8 Jan 14 Jan 64 Va if .472 9 Va ft 7 74 25c ——-10c Corp_w 40% -"ft-77/a 3872 — Controller Co——c- -—ft — ——_—ft___ Corporation 42 : 23 -6% -200 1 7a 5% 95,900 _1 1 lft 14 Mar Mar Feb Mar 178,100 4% Jan 3,900 %' 41 ; 9 ■'•> 33% Jan 7% 14.700 2,200 16% 1872* 6% Mar 1672 41,300 ft 12 17a Mar ft 5% Mar 31 Mar 9% Mar 43 Feb 972 Mar Feb 19% Jan '972 10% 374 3% 5 , Jan 1872 Mar 8% Feb 1574 Mar 100 107a Jan 12% 7 Jan 10% Mar 2,300 < 1574 1174 44,100 2% Jan 3% Feb 1,200 13% 1174 4% ■ Jan Jan 1974 .-10% 3% 1 3% 6472 Mar 2574 Mar Jan 2574 19 ft vlftft . • Jan Jan % 5,800 177/b' 14% ' 74 4,300 19 Va 1 Co— Manufacturing Corporation 20,200 25 28% -30 —lc 44 8,800 28 Jan 47 Feb 98 95% Jan la-'g Jan Co—ft Products Aluminum Caribbean Farm Oils -* 5 4 Jan 5 Jan : 3,100 . :-• - Feb 174 174 1% 19,100 15% 12 '.; 13 7a 1674 41,900 12% Jan 1674 Mar 10 72 12 ft 40,800 7% Jan 12 Mai- 1 33 Mar 10c vtc,_ Equipment Co——• Electronics Inc — 1 ,ft Jan 17a Jan 3274 27% 33 ft 11,300 19% Jan lft 1774 15% 17.7a 8,200 13% Jan 1874 Feb 5 10 7z 10 72 10% 900 Jan 1174 Jan 35% 14 107/8 5% 35 72 35% 200 29% Jan 36% 1174 1474 16,300 8 72 Jan 1474 Mar 11 12,300 8% Jan 117a Corp of America Sand & Stone Metals Co—— Co— — New Pacific Products Aviation Lines A 7 5% 4,600 772 7,500 24% 4,900 4 Jan 5% Mar 5% Jan Jan 87a Mar 24% Mar 20 ft 113 2 Jan 2 Va Mar 8 7a 300 7 Jan 2 74 2% 79,900 1% Jan 87a Feb 2% Mar 372 1 .1.25 Inc— 5 7a 22% Feb Feb 2% 1 class 9% 9 8 ' Royalty Oil * Sun Ray Inc—„ _—1 Air Ltd 7 2472 2ft 3 74 4 9,300 2% Jan 8 74 Engineering—1 Commercial Corp —1 1?YH" Continental Conector 2li/a' Continental , Feb.. 417a 8 ft 8,900 lft 4 Mar 8% 45,iOO 674 Jan 974 Feb 11% 12% 2,3001 10 7a Jan 13% Feb 5% 6 7a 1,700 57a Feb 6% Feb 19 V'2 24% 12,900 14% Jan % Jan Industries <fc Corp cl 5% A__50c 24% Mar Name changed to Continental Vending Machire Corp ' 110 13,000 Ltd Continental Jan 19% 300 17,600 5,900 1 1 —1 3.50% Corp Continental Jan 100 18% Feb 714 11,700 10 Construction 7% Mar 2,600 % »A Jan 347a 1 1*0 ; Consolidated Jan 98 100 - 4,500 58 7> Mar 374 Mar 7% Light $5 preferred-* Consolidated 6% Mar 6% Jan Mar > Feb 1 __ 5.50 Consolidated 18% Mar 23 51 218 6% 5 25c ——50c Consol Diesel Electric Corp ; 10c Consolidated Mining & Smelt Ltd • Jan 17% 22 72 Jan 4 72 Mar • 200 2% 147s 1 1 5 1 — Compudyne Corporation Connelly Containers Inc Feb 49% 22% 62 56 300 22 Feb Public Service— 10 Compo Shoe Machinery vtc ext to '65_i Jan 16 74 6 74 3ft 772 ft: 5872 3ft 10 Va Community Mar 4 13 Jan 48% 6% 5772 Jan 58 100 - Jan 4772 61 v., 272 18% 7,100 6% —6c Inc Continental Inc Minerals Colonial Jan 17'A 1 18,100 ft 13 partic pfd—10 Colonial Mar % Jan 3% Mar 1 Co 5,800 47a. 22 2.50 Corp Commercial Feb 48% Inc see 17a 6,600 — —4 footnotes, 5% lft 872 50c Corp Cohu 46 V2 Mar 25c & Co Inc-— Co Feb 1ft 7ft —„___• Cable-'Corp_ft Coastal , 41,500 % 1 Co 19% 28% Corp common—1 convertible preferred- _• Oil Foil Cockshutt 21% Mar Jan 37 207s 1 preferred Jan 3 1 Consolidated Christiana Club 43% Mar 42% 25c Corp Brooks Bohack Jan 50c . Inc Blumenthal ' Jan 4% 24% 1 Blauner's Bobbie % 700 54,000 3 Bickford's 19,600 8% 4672 50c Instrument ~ift 772 37 7a 1 Telephone of Canada Belock ~1 45% 1 Ties Shoe IYb 8% 1 Inc Beau-Brummel 14% — 1 Co_. Chicago Rivet & Clopay Jan • convertible class A Bearings 4 7» shares50c Corp Corp common 2,400 • Ltd Gas Power Oil Clarostat- Jan American . 10c Claussner Hosiery Co— —10 Clayton & Lambert Manufacturing—4 Feb 4% Corp - Baruch-Foster 16% 20% Mar 2,550 19% Andes Feb 34% rets B ord .2s 6d — 1 Corp_. • Charter Clark 8 "! Mar Feb 8I| 19% Candy Corp Oil .T T rj 19 Barry Wright Corp 67c A 1 * 16% Engineering Bayview 7% 19% Light & Power Ltd Construction Barton's 8% 19 Ltd 29% 7V2 Electric .-.iCiark Mar 1 Barcelona Tr BarChris Barnes & & B ser Circuit Feb 1 Securities Banco Jan > Securities Cinerama 14% Mar 14% Inc Baldwin 1974 ft; 3 74- 5872 vtc_l —. Ltd Co M) Qhromalloy 672 Mar Co_ Rubber Ltd Chesebrough-Pond's . - Mar 36,200 Industries Power *Cherry-Burrell Jan Jan 1,200 14% - ; B Baker 14,200 — $1.50 convertible preferred—^• Clary Baldwin Jan 29% 61 1 Co -—: Maine $1.40 . & Feb 2% Mar 17 54 3 _ 6 12 12 7 Jan 16 7a Mar 26,000 1 com 10c Bailey & Selburn Oil 1074 Jan 215/a 1' Hadley Corp_^ Central Feb 5 15,700 —1 Inc Corp Jan 1% 1974 x207a 47s 50 50 Oils Ltd—— Central Power & Light 4% 7% Feb 26,000 1 A Collieries »6 % 7,800 15% 22 Co r. 10 Chamberlin Co of America—_—_—2.50 1 non-cum class 1% 12,400 10c Products Industrial Ayshire Inc Mfg Co Inc Automatic Steel Non-voting 1 Corp Corp Automatic Radio Avien Inc Inc Plastics Aurora 1% 1% 10 pesos Atlas Devices 3 ftftftft-ft Corp Audion-Emenee Co Century Corp option warrants Audio Jan 8,500 -272 27% ft xl9% Corp of America— Instruments Corp Central Feb Industries 74 9% 27a 9 common——• Dock & Williston (A Cenco Feb 52% General ft Jan • Marconi Products Catalin Feb 11% 24% 5474 __5c Mining 19,600 "" 5 Oil Ltd Javelin (J W) Casco 4% Mar 2% 3 Development 1274 Mar 74 ft ' Petrofina Ltd Carnation 6% Mar 53 Atlas 1074 Jan 1 Canal-Randolph Corp 1 —1. Capital Cities Broadcasting— Capital City Products Carey Baxter & Kennedy Inc ft Jan 48 72 Atlas 2,200 20 Industrial Canadian Jan 4 A Corp Consolidated 16% Mar 117a 10c common Petroleums Homestead Canadian Jan 54 Atlas Jan 117a 16 Inc— Ltd Co Dredge Canadian Mar 2% 1 Supply Labs Golfo 13% 1172 1 preference Canadian Feb 52% del 2% Mar 28 Ltd Co Husky Jan 42 8% 3,900 Atlantic Atlantica 9% Mar Jan 97a Gas Co_— & Canadian Feb Atco Chemical Industrial Products—10c Atlantic Coast Line Co • Research Jan 172 —50 Cement Canadian Mar 230 America——1 Stationers Associated 12% Mar 8% ■272 ' Canadian Feb 39% £1 Gas Co & Associated Feb 11% Mar 1,900 1 — Southern Carter Inc— of Jan 29,400 Carreras Ltd Amer dep dep rets reg_— Associated 1072 2% 25c Insurance Bread 6Va% Associated Electric Industries— American 100 9% —. Power Oil Fire Canada 66 7B Mar 40% -4 prererreJ—; Corp 6,900 12 72 9% _12%e — Aviation Consol Canada Feb 50,700 V pfd—100— Aluminum convertible 100 Co warrants- Altex 35c & pfd A-—_— Gas 10% 1% _3s fld — Electric Canadian Arkansas ft 7% Jan 972 1 & Edmonton Corp Ltd Eastern Canada 22% Mar 7 7. Appalachian Power Co 4V2 % Feb , 274 2.50 Campbell Chibougamau Mines Ltd: Jan 19 7z Pools 474 "~9% <k Son Inc__— Corp Camden 1 S 6% Anthony 1674 Jan 1 ord shares. rets (J P) 2% ! / Corp Calvan 2% Feb 77» Film Jan 12 21,500 10 Co— preferred $2.50 preferred 6% preferred 472 Mar 20% Chemical & dep Shoe Calgary 14% Mar Jan... 19 ft 2 — Corp Amer Anken 1,800 3% 12 72 97i 9 Ltd— Mines Biscuit Calif Jan .Mar., 30 2"72 Jan 7 1 Products Radio Feb Feb Jan 7% 35% Exploration Ltd4.75 Angio-Lautaro Nitrate Corp 'A' shs_3.45 Andrea "Feb Jan 197a Mar Anglo 14% 0 3V4 3% 50c common— Machine & American Butler's , Anchor 1 preferred preferred serial Die Burry Jan ' Anacon —06%e $3.00 Thread class 713 Mar - Jan 7 American 5% Jail —* class B convertible California Inc 1 — Company 207a Mar 9% 2 Co F Burroughs 7% Mar ; 25c Co on Co Burnell is Co Inc Jan H% Seal-Kap Corp. of Del Oil S Burma 82 72 Mar 18% American Amurex Rubber • Ltd— Inc_ NYSE Petrofina American Feb Co to preferred Buffalo-Eclipse Corp Bunker Hill (The) Company— 72 4 Feb 6% 6% Feb • : American American 900 397a 14% Mar 60c Feb 1372 1 20 Systems Inc Electronics Inc American-Internat Aluminum American Jan 18 Buell 1672 Jan 6% 9% Mar 8ft Jan Jan Feb 47» 34% Jan Feb Jan Jan 700 1,800 Jan' 6% 76% Jan - 12% reg_ 13% Mar 9% 9% 38% ft 38 ' 11 y2 ord Buckeye (The) Corp Budget Finance Plan 674 Mar 10 7t Feb 5,900 B 10% Mar 374 Jan Feb 9f£ Mar Feb I Allied Co Ltd— rets dep Bruck Mills Ltd Feb 6% Inc 9 3874 —* Power— Feb 9 Forman 4 % 774 Mar 4% 35 13% 4,700 2,600 Jan 2ft Feb Jan 600 7 31,000 29% 1,800 5 Feb 8% 4072 J£tn : 2,500 45,100 84% 7% 350 11,200 2ft. 17 72 Jan 67 Rubber class A ,-34% • 14% 79 6% Feb 2 Jan 14% 500 8 32 47a 16% 83 6% 3372 Mar 1474 83 8% . ' Brown Brown 83 warrants 34% 6% Mar Jan 13% Feb 10c Co '33% Jan ,' Jan 30 16% 86% 277a Mar Brown Inc 3474 200 14% Jan Jan 1 Engineering Properties 33% :V.' 274 3% 478 7,700 ft 147a 83% 22% dep rets Amer shares American 6% 337a £1 150 1,400 Feb 23,100 5% 32 72 Company -1 Distillers cl A com_30c Class B common —30c 847/a 6% 4% 6 7a 51,400 26 6% 2 7a "Feb 71o 84% V— N 277a Mar Jan •77a 25 Va 1 Kunstzide All-State Allied Inc High 'ft Jan l7/a 7% 26 100 • ft ft.. ,•-4 ■' 4 £1 £1 dep rets ord registered British Columbia Amer preferred Co—— Amer Feb Jan 1 • ... dep rets ord bearer Jan 2,100 Tobacco—f- American 47a 145 2 7a 9 ' ■••£. Amer 20% Jan '•* *. 1 v.-;33%'\- Co— Ltd— Oil American British 4% Mar -4,600 2 ft; Range Since Jan.1 Low 26% "3372 Manufacturing Britalta Petroleums Feb 23% 7a Shares High ' Bridgeport Gas ,Co Jan Brillo Feb 2 20c Pwr ord_* 1 Light & — 18% Mar Jan 1427a Feb Alabama Power 4.20% preferred—100 Alan Wood Steel Co common 10 5% Traction Corp ' ft-ft 26% —1 11% 12% Jan — 1 Inc * 63 VA 66 1 Stores— Discount 3'A ft. 1 Southern Breeze Feb 4,800 Co_ Plastics Supply Manufacturing Aerojet-General Corp Aeronca Manufacturing Corp Aid '■ Low Par Inc Works Gear Foote Brad for Week Range of Prices Sale Price 1 ; . ft", Inc Bourjols Brazilian Inc Aero Agnew Jan Corp common Precision Alabama * 37a .1. " 1 • High ' A Acme Admiral Low Last STOCKS Sales Week's Friday ft':' High whether security every ftft. H 10c Corp class A Corp__ Mfg Missiles Class Low include to intended is Ending March 17. Range For Week • Par and bond in which any dealings have occurred during the current vear or for Week Range Sale Price • a itself Exchange Stock complete report of the transactions on the American Stock Exchange for the week beginning Monday, March 13, and ending Friday, March 17. It is compiled from the report of the American we *■ (Effective ■-'-Continental March Vending 98 72 Mar Cook & 21% Mar Cooper-Jarrett » Paint 8) Materials Continental - Varnish Inc ;• , Co . 17a 81,500 11% 13% 112,000 44 . —20 -1 .'.ft 7/8 13Va Corp——• 10r Machine Corp 10c 42 44 - 9% 9 9% 900 ft 3.200 17a Mar 13% Mar 49 Jan 9% Mar - Number 6039 193 Volume . . The Commercial and Financial Chronicle . (1255) AMERICAN STOCK EXCHANGE Week's Friday Last STOCKS Low 15% Feb 14% 14% 700 17% 700 13% 14% Jan 17 Jan 19 Feb Jan 20 Feb Drug Crystal Oil Ac Land Co preferred 9Ma Mar General 6 Mi Feb Builders 22,900 1% Jan 2 Mi Feb 5 % 35% 35% 14,100 29 Mi Jan 39 Ma Jan General 71/4 200 61/2 Jan 7 Mi Mar General 7,800 21/4 34% 7 18% 16% 18% 85 88 Ma Ma Hi/4 350 3% 3% 4 7 Ma 6% 7 Ma Jan 2,400 89 2% Jan 5 Jan 16 Jan 19 Ma —* Mar Curtis Cutter { Jan 25% 7% Corp 70 81% Jan 11 Ms 12 400 9% Jan 14 13% 151/4 27,000 8% Jan 15'A Mar 1 14 12 15Ma 5,600 8% Jan 1,300 7 Mi 6,300 36% Jan 39% Feb Jan 102 Ma Jan 2. Jan 4% 2% Mar Jan 7 Mi Mar 2Mz 3,000 1% Jan 3 Mi 5,800 4Mb Jan 5 Ma 27 5 Jan 28 Mi Feb 10% Feb 14% Feb , 12% 12 y« 38 Ma 38'/a 13 Mz 68,400 Jan Jan 5 B 2.50 * 50c 1 1 • * A 5% 1,000 Indus 5 Mi 5 Mi 39 4 Mi Jan 5M2 Mar 5 2,600 4,400 4% Jan 5% 25 Ma 34 Mi 18% Jan 19 Ma 18% Mar Jart 19 19 18 17 18% 27,000 14 Va Feb 2 2 2% 27,900 IV2 Jan 10% 10 Mi 10% 900, 94 94 95 Ma 50 8% - 39 Jan Feb 2% Feb Feb 15 Ma Mar B common D A/'-aa,' 6,400 51Ma Ma Mar $4.60 7 Ms 7 Ms 8% 6% Jan 6% 3,900 5% Feb 11% 6'- 10% 23,400 7% Jan 12% Mar 16% Jan 21 Mi 6 Ms Jan 8 Jan 4% Jan 6M2 29 Mz Jan 31% Feb 10% Mar Goldfleld 2 Jan 3% Mar Goodman Feb 32 M4 Mar 7 Mi 7% 3,600 5% 5% 6 4,900 35 — — 1,200 31 Mz 13,400 3Mz 1,700 32 Mi - 180 10% 31 ' 9% Mar 3,400 '• 7 3% 5 9 Mi 10% 50c 32 y4 3 ■ 26% 70 150 148 100 71% 16,200 52 '-Jan- 10 MB 10% 12,300 10 Mar 18% 17 Mi 18% 3,900 13 Mb 13% 600 * Union Globe Feb- Gobel Jan 137 150 Co (Adolf) Gold IOM2 7,600 Inc 7% % % 15 Mar 7% Mar 9% Feb Diversey 7% Mai¬ Great Jan Feb IOM2 Mar 3,500 9% 100 9Mb 4 Mi 's Jan Jan 10% Jan 16% Mar 1,100 llVi Jan 14 Mi 29% 28% 29 Ma 1,600 23 M2 Jan 29% Mar 2% 2% 2% 2,800 6% 6 6% 600 1 Greer Ltd. Petroleum Bridge Co Ltd Steel & Coal ord Dominion Tar stock Chemical Co Ltd Ac Grocery Stores Mar Guerdon Industries Jan 3 Ma 6,800 3 Mar 11% 9,600 8M2 Jan 12% Feb 91/8 3,400 6% Jan 10 Mi Feb 201/2 11% Inc Dorr-Oliver 12 17% 4 Jan Jan Jan Jan 28 V* Mar 33% Jan 39 Mi Mar 9 Mb 1% 2 Mi 2% 9 2 Mi Jan 800 8 Jan 9% Feb 3,800 Mi 12 Ma 10 Feb 13 Vb Feb 2% Jan 2 13,700 2% 28,500 5% 5% 5% 700 24% 26 Ma 650 5% 4% 5 Mb 4,800 1% liV 1% 1% 7,600 Jan 1% Jan 5% Jan 10% Jan 9c — A 8Mb 8 Mi 50c 15% 14 15% 1 18 M2 19 —1 69% 15% 62 Ma 1V2 Land States Industries Ac 8% com..• Warrants Ac Western Industries Jan 3 2% Mar 6% Feb 26 Ma Mar 5 Ms Mar 1% Mar "Mb Jan 11 ' 5 class Inc Jan 1% 6,600 1% Jan 12% 28% 1 Products 24 Feb 29Mb Mar 5% Jan 8% Mar 7,200 if Jan 1% Feb Jan Jan 15% Mar 28,000 9% Jan 19 8.000 46 Mb Jan 70% Mar 3,100 11 Mar 17% Mar 121/2 1,000 13% 22,500 Jan 33 Ms Jan 36 Ma 9% 10% 7,000 8Mb Jan 11% 10% 29,200 9 Jan 11 45 Mar 70% Feb Mar Inc Industires Gulton 13% Mar 25 10V8 10 Jan 17 Mb 2,100 12 Ma Mar 14% 35»/4 11% IOM2 1% 7,100 24% Company Gulf 20 V2 Mar 10% 45 32.50 1 1 preferred (The) Corp Douglas Oil Company— Dow Brewery Ltd $2 Dorsey 17 12% 13% 7.50 common 100 600 11,700 351/4 121/4 Ltd Dominion Textile Co Jan 59,800 30 Leases Feb 10 16% 17% 6% Mar 2Mb 11% 2 50c Freehold 12% 2,200 201/2 2'/a * * • . Dominion Jan 39 Mi common—60c Corp Hydraulics Gulf Dominion 9'A 11% 1 2% 5% 27% 1% 1 5 2% Mar 36 Mi 27 37 M2 10c Mi Feb 27 2 16% Inc Producers Griesedieck 8% 818 Feb 28,800 13% 4 Chemical Western Jan 101/4 11 -1 13% 16% Varnish Industries 5% 11% 3 3»/4 Jan 14% preferred series A 6% Jan Gndoil IOV2 10 10"% Mar 9% 6% 9% 11% 18% Mar 13 Ma Mines Consolidated Lakes Great Jan Ma 91/8 9 % Jan Jan 16% 1 A—10o Corp class Manufacturing Co Amer 4% 1,800 4% % Jan Great 58,800 44,100 9 6% 10s 1 4 ord reg Corp Dixilyn Corp class A conv Dixon Chemical Ac Research dep rets Amer 14% 9 9 71% Mar 15 11 y4 13% Manufacturing Grand Rapids Ltd— Co Distillers 13% 13% 1 Detroit Gasket & Manufacturing 1 Detroit Industrial Products 1 Devon-Palmer Oils Ltd 25c Dilbert's Quality Supermkts com__10c 7 %\ 1st preferred 10 Feb 1 —5 B Inc Products Seal Gorham Mar class Gray Manufacturing Co Productions Inc Feb 96% 4c Inc Distilleries Glenmore ' 31 Ms 66 10% * Industries Tite Glass Jan " ,_20c 69 1 10% Mar 101 Jan 9 Ms xl9Mt %7Mt ' Stores Jan 1 Jan 20 19 Mz 1 10c ■__20 Feb 93 Ma Mines Ltd Co C) Gilchrist Co 13,000 ' 6% 11 2.50 (A Jan 97 Corp Controls Yellowknife Giant Gilbert 50c Industries Inc. Davega Stores Corp c 5 V* preferred Daryl preferred Glannini v ._50c Dome „ 2% 5Ma 2 Mi 5 Ms *1 Fireprooflng Enterprises General Plywood Corp General Stores Corporation Genung's Incorporated Georgia Power $5 preferred 81% Mar 11% 14 Ma 600 38%, ' t General ; Desilu High Ltd— General Gas Corp Jan 6M2 2Mz 1 rets ord reg dep r . Feb 80 Class Dejay Low 98 Mi 1 25 1 preferred Co General Corporation — * Manufacturing Co class A * Laboratories class A common.l Cubic Electric Feb 7 Ma 17 2Mz common Development Feb 5 Mi 38 M4 2% "wts" Corp convertible American 18% Mar Jan 67 1,200 38% common— Acceptance Alloys Co General Jan • 100 1 Co Co___ 518 Mar 2 2 Ma Range Since Jan. 1 High ' Mfg 6 85 Ma Co— Tobacco Cuban Power preferred J. 5 % Gellman 1,600 10c -2.50 common — Gatineau Feb 3,500 6 25c Co 15 General 5 (Md) "A" partic— Cork Internat'l Cfown ~8Ma 518 .—1 Crowley Milner Ac Co Crown Central Petroleum Crown ~8M» Shares Low 16% Mar 200 8 Vo Sales for Week G Feb 191/4 5 Petroleum $1.12 16 Ma 16% $1 Creole Jan 17 Ac Reynolds common.. 1 preferred class A * Cott Beverage Corp ——1.50 Courtaulds Ltd— American dep receipts (ord reg)—£1 Crane Carrier Industries Inc (Del)_50c Corroon Week's Range of Prices Par High 15% Inc Coro High American Stockr Exchange 15% _ Last „ STOCKS Range Since Jan. 1 14% B Class Shares Low Distilling Ltd cl A voting_» non-voting * (H) Corby for Week Friday Sale Frioo , Range Par (Range for Week Ended March 17) Sales of Prices Sale Price American Stock Exchange 35 10 . 12 Ma Mar Feb H Feb H Ac American B Corp 10c Harris Driver 1 Co 19 15V2 19 5 Co Exploration & Drilling 25 25 271/2 Hosiery B class 3% 3 Mi 4 Mar 4 Co_ of America Corp Jan 7 Ms Mi 3,000 6% Jan 29% 29 Mi 29% 1,400 24% Jan 29% Mar Hani Mar 1 }?% 13 Mi 15% Jan 15% Mar "2'i-,2 25% Lamp Co. Plywood Corp 22% Jan 28% Mar 10% Jan 15 Mi Feb Hartfield Stores 1,100 50% Jan 57% Feb Hartford Electric ■3% 3 Mi 1,200 2 S3 Jan 4% 2,100 3 Ma Jan 6 100 3 8'A 32% 30% 32% 10 Mt 1 10% 10% 5 Mi , 25% Jan Mar- 6 65,400 ■ Hazel Jan 34% " Jan 10% Mar 7% Feb Bishop Hebrew ; Malleable Name changed $6 Edo and Bond Electric Mar' , Corp 150 33 Mi Jan — Heller 1,400 23 Ms Jan 31 Jan 178 Jan Jan 165 Feb 153 28% 27 Va li'u 28% 193't 27,100 I'.V 29% 3OV2 Electronic Communications Electronic Research Associates 10,000 291/2 17 16% 17Mi 1,600 33% 391/4 25 Mi 35,300 1M4 Feb Specialty Electronic 15% Jan 17% 24 Jan _ Hilton Hoe 39 Mi Mar Jan Electronics of Corp 20% 25% 13,900 16% Jan 11% 13% 4,800 9% Feb 14 Ma 19M4 12,300 12% 9% 29,000 6% 13 Mi 5,800 5% 7% 27,900 X331/4 36'/4 11,400 22% .50c 191/a 16% 9% 8M1 1 12% lli/4 .20c 361/4 _— America— 7 El-Tronic's Inc new common Air-Freight Corp Empire District Electric 5% Empire National Corp Emery Corp common convertible preferred- 57»/2 Fabrex (Max) Jan 36% Mar 94 Mi Jan 12% Jan 85,100 4Mb Jan 2,250 47 Ma Jan 13,800 3% Jan 58 51/8 6M2 71/2 8 1,100 6% .8 3,600 191/4 22 4,000 16% 221/8 22 22% *Vz 4% (R) Common shs beneficial of Falcon Seaboard Drilling 8 Mar 5 2,200 Filmways 53 6% 56,500 172 30,400 Corp_ €0c 6 Ms A: Fishman 31% Flying Ford Ford ; Tiger Motor Motor H) Corp.:—% Jan 6% 7% Jan Co 53 (The) Frost (Geo For 5% 61/4 7 6% __ A) Co. I see ■ . . Jan 9 Mi Jan 11% 46 M2 Jan 67 M2 Mar 41 38 Ms 41% 10,300 32 Vb Jan 42% Peb 100 Jan 105 M2 Feb 30 70 Jan 79% Mar Jan 13% Mar Mi 79% HMz 13% 56,000 Ms 3% 4 Ms 2,900 3Mz Jan 12% 12% 800 11 Mi Feb 3Mi 3 Ms 3% 20,500 2% Feb 3% 7% 7% 7% 400 6% Jan 8M2 15% 14% 16 Mz 4,700 11 Vb 15 4 6% Feb 13 4Mb Mar 23,500 Jan 13 Feb Feb Jan 10 5Vz 16 Ma Mar Jan 15 Mar 7 Mi Feb 4Mz 5% 8,800 2Mb Jan 11 Mi 5Mz 12 12 Mi 4,300 8M2 3% Jan 2,600 IM2 Jan 3,400 18% Jan % Jan 1% Mar % 2,300 4 Ms Jan 8% 800 29 Ma Jan 50c 8Mz 7% 9 25c 1% 1% 2 5 25 Mz 25 y8 26 Mi _50c 1 1% 1 1% 30,900 7Mz 7 Ms 7% 7,300 Jan 14% Feb Mar 9 Inc Mines Gold Co Ac Ac 37 11% * A class 10Mz 10 Ma 3o Baking 37 • 170 166 • 44 Co common Electric (Harvey) Jan Mar Feb 40 V2 Mar 12 Feb 10% Feb 38 Jan 189% Jan 190 161 Jan 600 42 Jan 53 Jan 20 96 Jan 103 Jan 200 30 Jan 32% 10 17% A com—5 class Inc 33 V2 fA 45% 101 32% 11 1 Co— Motors 900 7H Jan T& Jan Mar 26 170% 44 100 100 2.50 preferred (The) Mfg Co 5,600 2,500 10% 3u» * Hardart 11% 7.50 Ac Co Hardart 38 11 Mi * Ltd s 12 17 Mi 9,300 19 Mb 1,100 800 32% Feb 15% 14% Jan 12 Mar Jan 21 Feb Jan 20% Mar 7% 35% Feb S 16% 16 Ma 18 1 32% 29 33 Mi 31,600 10c 1 —2.50 5 4% 3% 4% 228,100 2 Ma Jan 19% 19 y2 21M. 2,800 18 Vb Feb 26'/e 23% 26% 19,000 21% Jan 28 ye Feb 28 Mi 28 Mi 29 Ms 2,600 27% Feb 30 Mi Jan 33%« 14% 13% 14% 8,700 11% *1 Imperial Oil (Canada) * Imperial Tobacco of Canada. 5 Imperial Tob of Gt Brit Ac Ireland_£l Indianpolis Pwr Ac Light 4% pf,d_ 100 911 9U 9U 9,200 B common Hycon Manufacturing Co 29 Feb Jan 4 22% Jan -V _ page IOM2 38. Feb "5 Mi Jan 17 ' Jan 1Mb Jan 4% 5Ma Jan 5 ; Jan 7 Mi Mar 6 Mi Mar Mar 7,300 9% 7 Jan 10,000 ; 3 Mi Feb Indust lOMi-Jan v. Hardware Electronic "<• 13 Inland Mar Homes Corp. America Breweries Inc Insurance Co of North 10,900 Jan 7% Mar 30,500 16 Jan 29 Mi Mar *1,100 12 Jan 15 Mi Mar." 18 40.900 International Products - 9% Jan 18 Jan 144 -International Mar 131 Ma 200 / .; 12 Ma 3%' 3% 14% 14% 35 . 34% 900 20 Mb 12 Ma V 5.100 10 Mi Jan 13% Feb 4Mb 32,800 IMi Jan 4% Feb 3%* 15% 35%- • ■ 19% . 1,500 1,400 Jan 43 13 Jan 14% A Feb 9% 86 Mi 86 Mi 4% 4% 40 87 900 4% Jan 201/8 3% V Jan 7% Jan 28 Jan 4% 17 Jan 80 4% Jan Feb Feb 87 M2 Mar 5% Feb 7 Ms Feb 5% 6% 5,300 4V4 Jan 21% 22% 4,500 18% Jan 26 23'A 18 24 Mz 14,200 9 Jan 24 M2 Mar 5 88% 87 90 5,800 76 Mi Jan 1 1 5 6 Mi Ma — Jan Oil Investors Xl2% 12% 4,400 10% Jan 12% Mar 34% 34 Mi 35 Mi 1,100 30 Ms Jan 35 Mi Mar 10 10 11% 5,000 7% Jan 11% 800 7 Mi Jan 6,400 2 Jan 10 79 Jan 82 17% Feb . Ironrite Inc Jan Feb 39Ma Mar . Irving Air -—— Israel-American Oil Corp—... -10c 26 % % 8 2% 82 ' * 16% 17% 2,600 15% Jan 6 Ms - 6% -« Ml 82 82 17 Ma 1 1 —1 2 2% >1 pfd—100 Chute 7 Mi 7% 33%c Company Royalty ;Iowa Public Service Co 3.90% Iron Fireman Manufacturing Feb Jan 97 12% : ■ •i4,300 37 Mi 8,800 Feb Intex 20 12 Mi *' 6,300 14 22 — International Holdings Corp *" 42% 13% 25c 1 1 Inc class A 7% 16% Mar 41 9 Corp—50c Plywood Co Credit1 Corp 29'A 4% Feb Jan 13% ' Inland ' 13V2 13 15 Ms 10 Ms Mar 4% Mar . Feb Jan 9 42 >/« 11% Mar . Industrial 7,100 Corp Chemical Industries— dep rets ord reg American 1% Mar Jan Magnetics Imperial Feb 2% ,v IMC 7% Mar .21 Jan 13 25 Ma 3% 5 Feb 31 Ma 1 3% V . 40'A Jan 31,800 4% 139 Ma 140 120 % 1 10c —— 3% 4,800 4,500 78 B Class " 6% - 13% 140 " , A 17% • t footnotes, 27% * 1 . — " Mar 29 Mz 5% 11% - 3% 7% —2.50 Company— Inc. 18,700 Mar. 27,700 11% 11% 12% dep rets ord reg £1 Enterprises.; _J__; 1 Fox Head Brewing Co ;__ i____1.25 Fuller 6,200 —8 American City Friendly 71/4 6 , 1 u, 7% Mar 7 Ms 10 Mi 67 Mz 6% }tfar 172 35,200 20,600 1% 3}J 6% 4% Forest Fresnillo 1 7 1 Ltd— 1% 3% Hi v Co__: Inc Feb Mar Feb Jan 1,600 20 Ma .—10c Canada- 1 35 13 Mi Hudson Vitamin Products Inc Feb 30 1,500 7'/2 20% __ lQc Co Inc.__: Line of Jan 8% Mar Jan 25 Mz 10 1 Inc (Geo A) Hubbell Jan Jan 150 i_25c Porter »M 4% 12,600 59 7 Ms 2.50. Oil Howell Mar 130 9,100 31.A 7% Realty Ac Construe- convertible, preferred— Sterling Inc_—_ Fischer 38% - 1. tion Corp common Firth 30 31.A 10c Inc General 129,403 79% common Hydromatics Inc 2,600 41 7% 1 Federated Purchaser class A__ First National 8% 3 4 Mi 14 Mz Hoskins Jan Jan 154 20% 1 Ltd Financial 33 1 Fargo Petroleum Inc Stores 5% 23% Mar Feb 3*3 32Ma 1 Felmont Co Ac Consol Horn Mar 8 Jan 3% __ 1 Fanny Farmer Candy Shops Inc Faraday Uranium Mines Ltd Oils 5% Mar 50c com Corporation Horn Mar 23% 17 Ma 7 Mi 6% 7 Mi 50% 161 30 1.50 Co— Jan Jan 10 Mi 10c International Corp Class 5 Mb Mar V int preferred 4% 1 25c 10 Inc A Honnel 5 Mi Mar 58 Fajardo Eastern Sugar Associates— $2 6% Mi Mar 66 "warrants" Industries Home Mar Jan 2,700 6'/a 57/o 1 70Mz Mar 3,600 100 Holophane Co 24% Mar Jan 5,400 7 32 101 6% Mar 18,100 4% 5 32 - 1 Instrument Ac 12% Mar Jan lot Products Hydrometals Inc Food Products class A Co pfd Inc Payne Holly 7% Mar Jan 6% 7% 1 Ac Camera 5 Ma 7# Hygrade Corp Factor 26 Jan 100 Hollinger F Fairchild Co Holly 13 Ma Mar 5 211/2 — — 5% Jan 7 63 19% • 25c Hofmann 'ah Jan 90 4% Ac Feb 9 5% 541/4 51/8 Forge 70 • Gallon Hotels Class 19% Mar 10% Jan 25,600 4% 5 1 1 Steel Corp common.. ._10 6 % cum 1st preferred— 1 Ero Manufacturing Co 1 Espey Mfg Ac Electronics 1 Esquire Inc .10c Esquire Radio Ac Electronics 25c Eureka Corporation Ltd $1 or Exquisite Form Industries Inc.—— .10c $2 Erie Feb 24% 101 21% 24 .10c Equity % 99 pfd... .100 1 Jan 25% Mar 12 .25C Co Missile Facilities & 8 33% Inc_50c Inc Manufacturing Co Highway Trailer Industries 5 "o convertible preferred Hill's Supermarkets Inc— 30 Mi Mar Jan 241/2 1 . Inc.. .10c Ac 2,100 19,100 V 800 12 5 Mi 5% • Higble 30 Via Mar Jan Jan 2,400 371/2 -_10c 9 Ms Feb Hoffman Electronic ; Foods preferred Hercules 43 Ma Mar 28 Mi 172% 1 , Corp 42% 26 Ma 28 —1 5 Share Assistance 421/2 _25 1 • • =—-—-1 Ltd Dcv As Electrographic Electronic 6 Jan 11 69 Mz 2 Co Corp (W E) Ac 4% common series A preierred series B Corporation _—. Mines 3% 2,700 12 10c Kosher 7 10c Inc Rubinstein Helmerich preferred Elder 5% . to Corp States Eastern $7 Co 51/4 51/4 ..20c Inc Iron Corporation Eastern ! Co Corp Mining A 72 <■ 25 Heli-Coil E Freightways Eastern Eastern Light National Hecla Helena , 166,400 % 10 1 Lithographing Hazeltine * i_ Inc Co Mfg Havana 38 Mi Mar 26 3,400 1 4% Mar Jan 4,250 6 ' 32 8 Feb '600 \ 3 Ms 36% J;- Duval Sulphur ,Ac Potash Dynamics 1% 7% 1 Hall Corporation Harnischleger Corp 4 common— Corp Test 19 4 1 Co Durham Duro Jan Feb 3,500 14% 53 33 Mi Ma 8 3 Mi 10s reg American (The) 13 M» 52 M2 Jan Hastings Rubber Co Ltd— dep rets ord Dunlop Duraloy 14 * Co Power Duke 26% 90,700 53 1 Fair-Community Drug Drug 16,900 31 Ma 30% 31 Ma * Corp Draper a Harbor ■ 6% 3,000 -5% Feb 24% 28 % 8,300 18ys Jan % ~\d 261.200 is« Jan Feb 8% Mar 2% Mar Mar 8 Mi 29 Feb Feb % Jan \. ,. m 36 (1256) The Commercial and Financial Chronicle AMERICAN STOCK EXCHANGE Week's for Week Last American Stock Exchange Sale Price Par of Prices Low Range Since Jan. 1 Low Jetronic Industries Inc Jupiter Oils Ltd .100 15% "8 15% ' 3,500 12 V* Jan 9 Va 5,300 6% Jan 9V4 Mar 3Va 255,800 IIS Jan 3 Va Mar 8 o 15 .180 15% A 2iA 4 16 167/a Feb Industries Kaltman (D) & Drug * Company— Kansas Gas & Katz Corp Electric Kawneer "57,200 Va 3 Jan 95 12 % Mar - Max- 4 Vb Mar 31V* 30 34% 7,200 27% Jan 73 72 4,000 60 % Jan 83% —5 27% 27% 76% 28% 4,900 18 1 12% 12% 12 % 1,300 11 14%. 14%. 16'A 3,600 12 1 3% 2% 3 !/a ,10c IVb 16 ——250 (Del) 2.50 Copper Colbalt Ltd Kin-Ark Oil Company Klngsford Company—._ Kingston Products Kirby Petroleum Co 1 ; 14 Va Kleinert (IB) (H Knott Rubber L) Inc Hotels Kostin 3% 3% Jan 3% Feb 3% 300 3% Feb. 4% Jan 15% 16V4 2,000 14% Jan 33% 7,000 24 Vb Jan. 35 V2 Mar 23% 7,600 8'A Feb'; 24 Mountain States Tel 5 Jan Jan 29 30% $1.20 convertible 2 Va Feb 3 A Mar IS Feb 1 Va Mar 1 Va 4% 4% 4 A Jan 2 4 Vis 26'A 8,300 20 Jan 277/a 52 49 52 3,000 3,100 31% Jan 54% Mar —10 ——50c 34 . — 2% Mar Jan Nachman Corp Nasnm-Loeser's Industries Napco r . - - 4,100 2% Jan 9% Feb 17% Mar National 3,200 A Jan iV Jan National 23.y* 103,000 23 % Mar National - 12 Va 29 Vb 31% 7% Jan 1,000 21 Vb Jan 31,900 8 3% Jan 1—4. 1 o- •%* 16% 18 700 National National MIg Jan 20 Va Mar National Petroleum Jan 20% Mar 20,800 18% —1 20% 19% 20% 7,900 18% 2V2 2% 2% 3,900 2 Jan 2% Feb National & 2,000 33% Jan 1 20 VB 17% 20% 34,300 12 Vb 3Va 3% 1,900 3% 43 Jan 3% Feb Corp % 21 Feb Mar 4% Jan 5% 5'A 5% 1,200 4% Feb 6 V2 Jan 3 6% 5% 6% 3,200 5 Va Jan 7 Jan 5 14% 14 16 % 3,300 14 Mar 17% Jan 10 16% 16 16% 1,100 13% Jan 16 % Feb 5 6% 6% 6% 1,200 5% Jan '7% 7% 7% 2,700 5% Jan 8V2 8% 7% 3% Jan 7 Vb 16,900 10% 17,800 71/4 34 35 Va 250 27 30 % 25,100 1 1 14% 14% 14% 16% 15% 17%. 5% 7% Feb 7% Mar 11'A Mar Jan 4% Jan 2% — Feb 10V2 Mar Feb" 5% Jan 3% 33 Jan* 37% 19% Jan 30 Feb Feb va Mar ._ .25c _25c Ltd__ Research Starch Steel 8'A Jan 9V-* Feb 25 Inc., 2 iV 88,800 20 25 3 4 7,100 30% 28% 31% 25,200 10 10 18% Xl8% 18% 1,000 . Corp Machinery— & Chemical . .50c 50c 40 40 39 Vb 1,100 • Ltd Car 14% Mar 19% __ lOo 4>A — 5% 4 Feb 12'A Feb 9% Mar Mar 2 A ">-r 25% Mar Jan 17% Jan 31% Mar 18 Jan 20% 31% Jan 43 Feb 10% J an HV2 Jan Jan 30,900 2 V2 Jan 5% Mar 1 3 % 3% 3% 800 2% Jarw 4 Union Electric Coxp_______30o 2V2 2V» 2% 2,700 1% Jan 2% Transit National National Natus _2 2 Jan Jah- 8 Va .__1 1 Industries Presto Rubber 12* 11% 800 1 '/2 2 2,000 5,900 9% Video Co— class Corp A 27% 27 29 12,700 19% Jan* 29 1 21% 20% 21% 17,900 16 Vb Jan 22% 2 21V* 18% 21'A 5,400 13 Vb Jan 24% 1 39 33 % 40 5,800 28 Feb 40 20 49% 48 Vb 50 5,900 39% Jah" 1 X3/& IV* Corp Nelly Don Inc Neslle-Le Mar 1 Mur Co Feb Mar Feb Feb Mar Feb Inc_ Corp 7% Mar 4,400 4.200 30 Vb 7 VB Mar 1 Sessions Co Industries Larchfield 43 1 & Feb 1,000 8 10 Storey. National National 42 42 VB 1 Corp of Delaware LansLon Jan 7% 1 Electric Weld Machines Equipment Rental Ltd National 20% ; Lamson 35% Jan 8% Feb 1 Lamson Jan 6 Feb 19% Mar 19% Ltd Industries 33 10% — — 1 Inc 16% Mar Feb 10 Vb n Company Jan 20% Lakey Foundry Corp Lamb J an 200 7 ' 1 8 % 21V4 ' 34% 1 (Mich). Company- Casket 7% 3 Hess Bellas Brewing Co 22% 100 33V'a0 Electronics Mines 51/4 5 Vb Inc— ^ 3 Va Mar 2,000 22% Inc—— Radio Shore 9% 1 National Telefilm Associates Lake 7% 10% Inc—: National Lafayette 7 Vb 1 •_ National Apparel 6% 9% 9,800 34'A 34 6% Feb Jan 8 N National L'Alglon 8,300 9% 8% 9% (I 16 % Mar iV 22 V* preferred 5 Vs Mar 4% 25% 1 Company 3 Va 1 Co "Feb Jan 5,300 9,600 Muter 15 % 7% (The) Corp Class A Kropp (The) Forge 21 5 2.50 -1 Murphy Corporation Murray Ohio Mig Co Muskegon Piston Ring Co Muskogee Co x32 % Feb 13% Mar 17,600 Va -7.50 ■— 32% 22% 1 16% Mar Feb Jan 5 : 16 * Tel———12.50 & Videotronics class A 20 Va 21% 25c Corp Corp Kratter Co new__ Jan 3% — National Klion 2% • 3% % 2% "lif 1 98 % 2 % 14 r» _i 1 2 Vb 3 Va 1 —. 1.1 2 Vb ,1.25 Kirkland Minerals Corp Ltd Klein (S) Dept Stores Inc— High Jan 34% Mar 1 Stores Inc (Walter) & Co Kllembe Jan 97 Company Co 8% 20 4 3% 33,800 95 pfd—100 Jewelry Kidde 12% 11% 4 50c 4%% Kaweeki Chemical Co Kay 12 Vb 2'/a 4 preferred Diablo Muntz TV Inc Kaiser 300 Compr.ny— ——1 Mount Vernon Mills Inc—.—_____2.50 ML MPO K Range Since Jan. I Low 2% 2V4 1 com Shares High 100 6% —1 Products Metal Clemens for Week of Prices Low Par 6 Sales Range Sale Price American Stock Exchange High Mt Jeannette Glass Co_ Last STOCKS Shares H Week's Friday High Monday, March 20, 1961 . . (Range for Week Ended March 1 7) Sales Range Friday STOCKS . — New England New Haven Tel & Tel Clock & Watch Co 1% 22,700 % 10,300 IVb 53'A Feb 1% Jan 1 Feb Jan : '• '■ ■ ;: La Salle Extension Leesona ■ ■■ " ■ 8 Corp Lefcourt 25c (RG) Inc Inc Liberty Fabrics of N Y 5% preferred Lithium Corp com 12.V8 12%-, 29 10 V 1 13% 12% Jan '"v'24 3'A Feb 13% Feb 31 Jan J«i 5 21%, 211/4 22 4% Jan 200 13% Inc Jan 10% •'54'% Mar 500 7?- 7 7' 500 Jan 2% 2,500 5 4% 1 . 38 28,600 27 1 America of 12 V2 8,300 3 2% 2% 3 Corp Refineries 54 % 49% 52 5 Realty Leonard Le Tourneau Idria New ' ■ University— 7 Feb 7% Jan Min Chem 81 Co 50c Park. New Process % 22% 22 Vs I 12% 12 1 1% Arizona, Land—___ Mexico & New jjj- 25o Zinc Jersey Hew '. Mining Co Co York Auction York & New York 167 Jan 23% 8% Jan 13 7,100 1 Feb _• 28% Rosario__3.33'/a 32 % 173% 170 124 29V* 900 23 V* Feb 30 V* Mar 32 % 34 500 27% Jan 37% 32V2 21 Jan 36'A Mar 1% IVb 150 Co, Honduras 23% Mar Jan 19'V* 32V2 • New New V2 7,100 4,500 23 Va A13 28'A ;• Feb Feb .Mar T%Jan 173 "4 Mar Jan 14% Mar Feb New 15,200 fJan 5 ; 7%'Mar Merchandise 10 A 50 " Locke Steel Lockwood Class Chain Kessler & 75 18 Bartlett— 1 A 5% 25c 5% 5Vt 3% 1,100 Jan 6 V* V2 3/8 % 16,500 1 15- Vb If; 600 % Jan 1 Nipissing 51/4 Mines Jan 5 5Vi A Jan A Jan 1 Mar 4,700 4% Feb 1 4% 4 %' 1,400 4 Feb I 4 J/4 Mar .1 2V4 2% ; 2,100 2 Jan 2 % 2 A 2 4% 5 'Oy.' Lodge Shipley & (The) Longines-Wittnauer Watch Louisiana Gas Louisiana Land 12% 41% 39 % 10 19'A 19 V* 70VB 68% 71 1 & Exploration Silver Lead Mines Lucky Friday Lunkenheimer Lynch Corp (The) Jan Jan 44Va 5,900 1V2 Feb Feb 4,600 16% Jan 19% Mar 22,700 60 Vb Jan 73% 700 Feb 17 17 Va 30'A 30 VB 600 25 % Jan 31 12 2 17 30% 10c 2.50 Co 6V1 Feb Jan 13 Va Mar 31% 19% 30c 10% 25,800 42 VB Jan 13 —25c Co Corp Service—— IVb 1,100 1% 1 Electronics Loral IV2 1% Co 10 V2 12 V* 16,200 8»A Jan 12 % Mar 16 21V2 Jan Jan Mar North Canadian Oils Northeast Airlines North Pen 11 Northern North RR Ind Nuclear 28 1 : 5 A % 8,200 4V*% Mines 1 Corp of Amer A Jan Jan 84 Jan 88% 558 A % 7,600 i6 7% 8VB 1,200 6% 5 Feb Mar 64 V2 Feb 88 VB A 77 1 2 A Jan 4Va 8 88 Vb pfd—100 Ltc%_ Corp— IV2 63 % 14,100 50 Sew Nickel Industrial A. 2 • Co Pub Rankin Nova Ltd Jan 88%. Mar Jan A ■ Jan 8% Feb 5% Jan (Del) lOo 4% 4 V* 4% 46,400 37/a Jan Corp— 20c llVi 8 VH UV* 369,000 4% Jan 11% Mar 50c 17 17 - M MarFadden Publications Inc Mack Trucks Macke (G Inc Maine 55,400 3,600 -10 Public 100 .. V l'Vs ' 9 Jan 15% 14% Max' Jan 25% 2'/b 5V4 19 % Jan 35 IVb Jan 2 % 6,700 % o Feb 37,300 % Jan 4V2 Jan , 5% 2,900 Mar . (V Jan 2^8 - A, 5% _500 4,800 2,200 1% 1% A 2VB ; 35 : 30% 333'b :_1 .33 VaC Mages Spoiling Goods Magna Oil Corporation <• 143b 24% V* t'M Occidental - ;> x9% 22 B) Corp Name changed to Macke Vending Co class A_ Mackey Airlines Inc_— Magellan Petroleum Corp vtc_ * 14 24 1 warrants Feb Jaxi Ogden Corp Ohio Brass Co Ohio Power 4%% 2% Mar Okalla 6 % Mar Old 27 26 27 1 5,000 22 Jan 27 39% 37% 140 4,700 25 Jan 431/4 II—1 Service 43% 40 % 43% 1 6,400 30% Jan 43Vb Mar i.30 10 Vb 10% 11,100 Jan Oils Town 1 • Inc Mar Marconi Rubber & International Communication Martin Co Co Maule McCulloch Mead Oil & a 9,300 26 Feb 163,600 10% Jan Refrigerating Co 1,500 6 Vs Jan 2 Vb 2 V2 29,900 189% 16,500 122% Jan 6% 85,900 4 Jan 173 5'/8 23 13 1 1181/4 Metal 5 Corp 23 3 23 1 Thermit Inc 2 400 7% Michigan Chemical Corp Michigan Sugar Co common 26% 6 preferred Micromatic Hone 5% 18 V* 1 3 10 Corp 1 Associates, Inc 1 Midland Oil Corp $1 conv preferred—* 11% 11'/2 9 'A Microwave Mid-West Abrasive Midwest Piping Co 24 VB Mar 13% Jan 1A 4.800 % Jan IV* Max- 29,900 81% Jan 118'A Mar 2,400 23'/a Jan 4 29 of 8,000 10% Jan 2,000 2Vs Jan "•'4 12 VB 1,000 10% Jan 13 1,200 8 Va Jan IIVb Max- I IOVB 57% 7,400 13% 2,100 34 Va ,' .- Jan 7 20% Mar 1 Feb Jan 587/b Mar Jan IIVb Jan 4 % Mar 141/2 Mar 19Va i Warrants 19V2 Jan 6% 37V2 50 12% 28 14% 200 2,800 101 27V2 5% 6% —__i 1 _ , 1» 42 'A 26 • 7Vb 4% 5% % Vb . •» 40 Va 25% 441/8 28 Feb Jan 7 Jan 39 Jan 12% Mar 99 Jan 800 2 8'A 22 Feb 111/2 175 6 Vb 5% ; Jan 23% 35 25% Feb 1 IIIII Precision Industries Monongahela *.40% 4.80% r 4% 5 V*. 2,200 37/b 3% 3% 4 1,600 O'okiep Copper Co Ltd Amer shares.]0s 56 V* Mfg Corp preferred 100 series B Chemical Co For Electro 4% 4% Clay footnotes, see page 38. 6% 4 fl : Jan. %■ Jan 18 V*, .700 15 -V 300 3,570 52. Jan 16 Jan 13% 61% Jan « Feb 19% Feb 15% Feb 4% ' Jan 1 4Vt 4 VB 4% 1,300 3% Jan com—1 18 Vb 18% 19% 11,600 15% Jan 19 % Mar , A 5%% 1st 1st redeemable 1st redeemable 1st preferred 6,800 5 . 100 • eacilu: $4.40 dividend $4.75 conv dividend Feb Pacific Northern Pacific Petroleums 'w » vra n Is 25% 25 2,600 25 Vb Jan A—25 25 % 25% 25% 700 24% Feb1 24% 24% 900 24% Feb 22% 23% 3,200 22 V* 22% 800 ;——2 9% 8% 9% 40,700 Jan 102 28% Pacific Jan Paddington Pbwer Jan 7'Vb Mar Page-Ilersey 3% Jan 5% Mar Pall % Jan Vb Mar 3 6'A Jan :'44% Mar. 23 Jan 23,900 22% 'Jan Jan r—- 97% ^ Feb 86 Vb Jan 93 % Mar Jan 90% 91% Jan 84 4% Feb Jan 147 90% Mar 4 Vs 3% 4 VB 7,800 2% Jan 12% 12 Vs 12% 22,400 9% Jan 7-% 738 4,200 5% Jan 200 99 % Feb 108% Mar- 7,500 51 % Jan 88% Mar 2,900 24% 4^,300 28% 104 7%; !—_—1 88% 79 % 25% 25 VB 26 Vb 48% 44. 49 • * 1 A vt'c—2 Bol 1 . 108V2 IV* 1V* ;.y n u ' 88 34 . 1% 17,200 % 6,000 1 4 Vb Mar 13% jan Mar - 49 - A **an 1 Company Electrochemical Corp Pen Co class Class B — Corp — of Canada Ltd 10 , .. 2,600 .; 7Vb 6 % 8% 54,300 14% 141/4 14% 200 14 13 14% 8% —2 — 9 10 10c 2 class A A— 1 —2 8% 33 8% 7 15 2,400 12'A Jan 14 % Mar 3,100 7 Vb Jan Feb 90 Jan Patino 4 1,000 3% 150 Feb Pato Consolidated Gold Dredg Ltd ___-1 2 V* 2V4 23b 2,900 2V4 Feb 14 Vb Feb Peninsular 1 11 'A 10% 11 Va 9,800 8% Feb 57% Jan Penn Mar 6 Vr Jan -2.50 Traffic CO.— Electronics Corp.j 1 7 7 7% 4% 3% 4% , Jan 700 7-Feb 50,500 2%' Jan Feb 9>A Feb 4' ; Mar Jari V Feb Jan 3% 8% Mar , c Jan 4 r 10% Mar Jan 10% Products <r „ V • Feb 88 % Metal - Jan 14 146 V* a Jan ii{ "••(! Feb Feb Mar T% -4% 30 4 Feb 26% Jan Jan 20 54 Feb 8% . A Chemical I Mar 1 Panlepec Oil (CAf Amer -shares—1 Bol Park Feb 97% Mar Jan 6,100 50. Jan 9% Mar 86% 580 89 108 % Tubes 90 . Feb '30 96 100 pfd PetroHenm*(C A) Parker.sburg,-Aetna 1,800 Jan 1 Ltd_; & class 6% - 3Vb ... 22% .. Jan , 540 90 87% _______—- Feb 147 % 148 24 Jan 22 130 • 293'a Mar 2,800 Corp Pincoastal 96 lA 93 Va. 89 % ♦ Airlines Light 5% Corp class A 10,600 9,000 257/8 Mar 25% ,25 m Jan 320 92 92 • : -L 95% 5 VB 400 25 VB preferred— preferred— Jan 57% 26 Va 257b 25 V* dividend 91 4Tb Jan 25% 25% 22 V* preferred 30 57% Feb 28% Mar Lighting $4.50 preferred * dividend preferred^-——— • $4 75 95 4% Feb 32 Jan 25 Pacific Industries Inc 88 57% 44% Jan 22% 1st 1st Jan A Jan; 27% preferredi__25 preferred—^25 redeemable 82 13 38% 30% 600 preferred—25 redeemable 320 12% 800 4,000 28% preferred pfd series 4.50% 87 12% ~ 31 VB 28% 1st 4.36% 90 100 43 31V* 28 V2 : .redeemable 23,000 /• 41 31% —® 1st preferred 5% 4.80% 43 pl'd:.__25 __^l__25 Products Pacific Gas & Electric 6% 86 25c Products Jan Jan .i'- Pacific 94< 86% 1 Moody Investors Ser ice partic pTef.. Morse ". class 58 15 1 53 17% —5 Securities Corp Parker preferred 30% 3% Mar Mar • Power Co— 4c50% preferred series C Montgomery Ward & Co class A Montrose 1 1,400 5 °arlc Monogram ' " " 7 $4.36 4,900 61/2 100 100 "ctfs" % 12 pfd__I_ 100 Inc 18 3,700 37V2 12 _• RR x 50 Molybdenite Corp (Can) Ltd Molybdenum Corp of America 2 IVb 21 6% __50c A.3A 3b Feb 4Vb 18% preferred Missouri-]Kansas-Texas Airlines 18% 12% 2 IVb Canada Minnesota Pwr & Light 5% Mirro Aluminum Company Mohawk 5% 53 2.80 convertible Corp 1,600 13% 5 Miller Wohl Co common 4%% V2 Feb Mar 29 " Mill Factors Corp Mining 9 6 55 50o 96% Mar •AiV. Jan fi Jan 3Vb 17VB 3 1 6% Jan Vr Jan Iff M Feb 3 Jan 118 »/4 Vb 109 27 lOo 89% 95 Va 3b Corp common 5% Extruders 250 96% preferred 5% Miami 96 100 Mar 6% Max- 6 % Merrill Island Mining Corp Ltd Iron Co & Feb 180% Mar 188% 1 Jan 26% 14% Mar 71/4 1 Mesabi 13V* 900 39% Mar 14% 1 Mfg Co Merchants 38 3 7 2V4 50c Co_. 34 'A 12% 7 3 Corp Johnson Menasco 38% 14% • Inc 35,300 28 —'.—-———90c preferred Ltd-:— Oxford Manufacturing £1 Ltd Industries 8 Marine Ltd warrants Massey-Ferguson 9 17 26% 1 40c Overseas Tire 14% 1 'H Feb Opelika Mansfie'd —£ 10% Mar Co Majestic Specialities Mangel Stores '! Petroleum 11% . Jan 7 V2 Feb 4% Mar ' • Volume 193 Number 6039 The Commercial and Financial Chronicle (1257) AMERICAN STOCK EXCHANGE Friday \ STOCKS American Stock Exchange Sale Price - Pep Boys (The) .i-—1 Pepperell Manufacturing Co (Mass)—20 Perfect Circle Perfect Photo Peruvian —L Corp_ 16 45 Va Phillips-Eckhadt Electronics "wd"_—1 Phillips Electronics & Pharmaceutical 4 Philippine :——i—5 Long Dist Tel Phillips Screw Phoenix Steel Plasecki Aircraft Pittsburgh Corp Poloron Products Power & ____1 of Corp Prairie Pratt Oil Prentice-Hall Preston A Progress Providence Public Rico 101 15% 102% 15 % Vi 675: 16% 6 Vh 9,800 6% 47% 8 Jan • 2% 2% 96 10 -• 100 8,500 Jan 102% Jan 18% Jan 7% • Jan South Coast Feb 50 South Penn 2% 4.56% cumulative Jan 56% Mar preference convertible preference. 25 4.32% cumulative preferred 26 preferred 25 4,800 800 42% 5% 5% 5 6% 7% 7% if Feb 71 Mar 5% original preferred cumulative 45% 4.24% cumulative 40% Jan 49% 6,000 4% Jan 5% Jan Southern 13,900 5% Jan 7% Mar Southern xl4 % xl5 2,500 12% 15% Mar Southern 21 Pipe 400 19 % Jan 21% Feb Southern 30 2,400 20% Jan Feb 11 11% 1,800 10% Jan 11% Feb 87% 87% 200 83 % Jan 87 ' 1,500 49 Jan 23 23% 15% 15 % 16 3,600 13 Jan 19% 19 % 17% 20 7,500 12.% Jan 21% Feb 2,103 21% Jan 87% Feb Sports 91 Feb Stalil-Meyer • Standard $1.60 Metals ft 8,000 2% Jan 1 Reliance & 2,300 11% 14 % 13,500 19 19% 3,800 - 6% 7% 19 ~5% 1 13 Feb 13,200 19 5% Mar 22 Jan 16% 6% Jan 27% Jan Steel Steel Jan Jan 14 y8 Mar 20 % 4% Mar 100 18% Feb 3% Jan 7% Mar Jan Jan 20 6% Feb Co v , T " Stetson Stone 7% 46,800 6 3% 4% 31,200 2% Jan 1% 1% 20,500 % Jan .1% Mar 68% 1,900 53% Jan 70% Mar 12% 13% 14,400 11% Feb 13% Mar 1 20% 17% 21% 6,400 13% Jan 21% Mar 6% 6% 22,100 3% Jan 6% Mar 5 6% • 5% 6% 14,700 4% 12,700 14% 6% Mar Feb Sty Ion Ridgeway Corp Rio Algom. Mines Ltd Warrants Rio series Grande Vic Robinson Gas to 4% Field Raceway Rowland Inc—20c 22% 23% 22,700 Fifth Ryerson Feb Jan 14 5% Jan 23% Mar 81% 81 82% 110 78 Va Feb 82% Mar 33 % 36 3A 5,900 26% Jan 36% Mar 15% 13 % 16% 5,200 11 Feb 18% Mar 513 Feb 6% Jan 4% Jan 7% 3% Jan 4% Jan 16% Mar 22% Jan -- ":i; 6 % 6% 300 ~4% 4% 4% 11,800 5 18% 15 % 18% 4,100 1 9% 9% 10% 3,000 __30c Electronics Lawrence Corp Talon Inc class A Class 4% B Ltd Ban Diego Gas & Electric Mar 12% Mar 12 | 8'A Jan Mar 11% 12% 3,700 9 Va Jan 12% 24% 900 23% Jan 26 14% 15% 2,700 12% Jan 1% 15% Feb 1% 1% 50,100 % Jan 1% Jan 72% 72% 74% 4,900 68% 81% Feb 10% 27 9% 10% 4,000 9% Jan 11% Jan 800 24 % Jan 27% Feb 5% 19,500 3% Jan 4% 6% 7 9% 10% 800 1,920 fi iff % 10 3% 12 Jan 27% 27 ' Jan Feb 3% 4 - xll% 28% 9% 48,900 7% Feb 10% Mar Jan A Jan 2% Jan 4% Mar 1,600 30% 14% Jan Jan 48,100 - 12% 301/4 6 8% 5% Mar 8% Jan 13% Mar 7,000 26 Jan 35% 67% 15- Jan 78'A Mar Jan 15 Mar 16 Feb 18,300 8 2,000 Feb 14% 14 14% 17 17 21% 21 39 40 19% 18% 191/4 50% 491/4 511% 4% 4% . 7% 4% .3% 25e I 10c 1% 1% Jan Feb 400 3'/a Mar - 20% Jan 22 Feb 37% Feb 43% Jan 18 Jan 19% Feb 7,900 33% 14,900 4% 17% Mar » 1,200 7% ; Jan 2% 2,200 5 6% 1 •2% 14% 22,300 22 39 2% 12 100 ~2% 7,300 - 88,600 Jan 55% Mar 3% Jan 4% Feb 7% Mar 3% 4% Mar 5% Jan Feb 1% 6,100 % Feb 3 3 3% 3,300 3 Jan 3% Feb 2% 2% 2% 1,300 2% Feb 2% 8 2% Jan Jan 7% 8% 7,000 5% Jan 2 Tampa Electric Co Taylor International 8 % Mar 44% 41% 44% 22,400 28% Jan 45% Mar 8 26% 24% 26% 5,400 20% Jan 28 Feb 25% 24% 25% 3,400 20% Jan 28% Feb 7% 7% 100 40% 5% 6,100 4,400 2,700 8% Jan 10% Mar Feb 3 Technical i Corp Technicolor Teletro Television 2% Jan Texas 4% Feb 3% Feb Jan 3 % Feb Textron 3% 1,200 2 Inc & Inc 221% 23% 7,900 18% Jan 23% Mar 9 8% 9% 1,300 5% Jan 10% 8 8 8% 1,600 7% Jan 9% Feb Jan Co— 3% 7% 11% Jan 41% Mar 4% Feb 6% Feb 31% Jan 49 Mar 32 Jan 88 Mar 11% Jan 24 Mar 54,800 22% 95,400 3% 10,400 3 Jan 3% Jan 8% 61,300 7% Mar 14% Feb 13% 25,500 9% 13% Mar I 2% Jan 41/8 4 41/8 4,800 7% 7% 81/4 2,500 6% 5% 5% 5% 5,300 5 50c 2% 2% 2% 6,600 1% 1 1 % li/4 1 % 10,900 1% ~11A IA "l% 96,300 iiV Jan 1% Mar 50c 11% 10% 12 3,000 9% Jan 12% Mar 13 Light $4.56 Hi/4 14% 20,300 7% Jan 14% Mar 19% 19% 19% 4,300 16% Jan 21% 15,800 1% Feb 900 8% Jan pfd Inc Co Co Inc com 10c 2 10 1 1% X9% 6 6 2 10% 6% 900 Jan 4% Mar Jan 8% Feb 92 5 Thorofare Markets Inc Thrifimart Inc class A Roofing 37% 1 "warrants" Shovel 13% 7% Mar 10c convertible preferred Thorncliffe Park Ltd Tilo 191/2 31/4 Jan Inc__25c Corporation Power 221/4 7 10c Texstar Corp Textron Electronics 3% 88 1 Jan 41/4 48% 66% 10c Corp Jan 2% 2% 46 80 1 Industries Oil 5% 47% 20c Corp Tenney Engineering Inc Terminal-Hudson Electronics Terry Industries Inc Tex a in 5% 40 • Inc Industries Teleprompter 40 5 Inc Inc Tel-A-Sign • 50c Operations Jan 2 3% 3 11% Mar 10 Technical Materiel 1% 2% 3% :—16 pesos 13 lOVs Mar .5 2% 148,100 23% Jan 24 — 10c preferred 2% 11% • 58% 1. 1 common 700 8% 2.50 400 1 common cumulative 28,000 11% 1 Inc—: 34,300 5 ;■ 70c Bt. 274,100 12 10% 10c Corporation Thompson-Slarrett Salem-Brosius Jan 1 Bupercrete Ltd Superior Tool & Die Co Superior Window Co class A_. Symington Wayne Corp warrants Thew Ban Carlos Milling Co Ltd 8% 13 10 %. 10% • 5 Inc 25,900 2,100 3 11 y8 38% Mar 10 kj < International Petrol Corp Jan 2% 1 24% Mar Jan 15 1 6 2% 1 Ine__ Mar 28 % 12 1 (Del) Jan 2% —• 50c Petroleum 18 12,900 — 5 " Corp Corp 1% 50c Company 18,100 38% • Jan " Haynes & 20 Jan 34% 1.50 Avenue A Jan 4% 1 Inc. (The F C) | 100 24% 34% l ... y Feb 65% 19% 11% 10c 0'' i 68% 65% 7 u..: Jan 38 50c „ Feb 8% Mar 23% 5% Ltd.. 16% 12% Feb 100 £1 Jan Mar % —* Inc Consolidated 9' 4,300 Royalite Oil Co Ltd Russeks 9 4% Royal American Corp Ryan Jan Jan iff Roxbury Carpet Company Russell 7% 7% 4% Inc— Products 1,000 33,400 4% pfd F Jan Mar Jan 1 1965 3 Products Gas & Elec Roosevelt 20,200 Feb Jan Jan 2% % Rogers Corp Rollins Broadcasting Inc Rolls Royce Ltd— Araer dep rets ord regis Roosevelt 8% 21% 1,100 Co— Jan Technical Rochester 8% Jan 2%. Feb •- "~% A Valley extended * common 2% 8 , 21% 2% 8 2% —50c 1 Co 17% 20 1 Corp Argentine Mining 15 9% lOc Mines Corporation JByntex Reslstoflex Jan 4% 1 Co (Hugo) Sunset 66 y2 13% 1 ; (JB) Sunair 67 7% 14% B Jan .1 Feb 4,600 1,400 1 Corp ^ Container 6% 10 Inc— Republic Poll Inc Republic. Industrial Corp.—_—; Republic Transcon Indus Inc Rico class 1 Stinnes 1% Feb 21'A 1,400 1 Bterling Aluminum Products. •Sterling Brewers Inc Bterling Precision Corp (Del) 4 7% Feb 1,900 _l ordinary Corporation i- *• 7% 4% 20% 8'A Co Stop & Shop Inc Jan Feb 200 ' 1 . 22% ioy8 10 of Canada Parts Jan 9% lo preferred Instruments inc Btatham 31% Mar 19% Feb 18 8,200 5% Jan 14 1 5c Corp Co— Arms Co 4,700 18 19 % 1 Corp 30 17% 6% Insurance Co——-— Remington x29 14 1 Realty Equities ;Corp of N Investment 1,000 26 17% Broadcasting & Dev 13% 21% 6% Corp Uranium Jan 1,400 9% 1 Inc Aviation 22% 21% 6% 1 50c convertible 40c Soundcraft Tube 66 Jan 16% 30 Co Shares Jan 21% 14 common (Kentucky) Products 58% 1,400 15% 11% preferred Standard-Thomson Mar 70% Mar 200 22% 12% Forgiugs Corp Oil Jan 66 22 15% • Starrett (The) Corp commdn 29% Jan 12% lc Dredging Corp Stan rock 1 Jan 25 1 Inc convertible Standard 10 Feb 25% Jan % — • 13% 67 Jan 24 2 Inc. Standard 13% Feb 24% 900 1,600 21% Feb 25 60 25% 24% 20% Line Arena 66% 24 % 63 Royalty Co 5 Speedry Chemical Products Class A_50c Spencer Shoe Cnr|*_._. 1 Feb 5 • 62 Feb 65% 22'A Sperry Rand Corp warrants 84 5 33% Mar 25% f Southland 4% Feb 41% Jan 20% Realty & Utilities 30% 4% 9 Feb Jan 29% 1 Jan 20% 28% .1 14% 27,% Jan 20% Petroleum Corp Material* Co Inc 21 87% — 500 1,800 25 California 29% 23% ■.£ 25 % 25 preferred Jan 84% ... 37% X32% 66 25 preferred. cumulative 3,800 25 preferred cumulative 4.08% 44% 15 60%. Jan 2 .100 Inc 36% x32 25 4.48% Jan Co (Robert) Jan 2Va 200 2} J ...___3 —. Reeves 6% 50% 56% 68 —20c Real Estate Investment '--Trust of America Reis 3,300 7% 36 y4 c32% Jan ... Reinsurance 8% 8'A 1 11 ... Co Jan Jan Co__ ... Pump 9 10% Timber Rapid-American .Corp; Rath Packing Co Re da 12,400 4.78% ■ R Reeves 11% 4.88% Jan Stanley Co 10% 7 _~12~50 Co.. Standard Rayette 11 'A Feb 2% Jan Q Inc 8 Jan 66% Feb 6% 13% 2% Jan Jan 1 Feb Mar 65% Jan 22% 55 Va 35 . 5% Feb 66 % 42% Jan5 Jar* Jan 5% Feb Standard Ramo s 2,100 2% 2iV Mar 28 13,100 17% 68 27 Jan 45% 6% ~i 11 Inc 800 1,950 6V4 10% Corp___ Enterprises • % 6% 1,300 Standard Ramco 59 6% .1 25% Mar Standard Quebec Power 1,050 35 6% 4,900 20 ... V% % 6% 7,200 1 Corp 30 • 12% . Quebec Lithium 27 % Jan; Southern California Edison— Colorado— Sportswear Pyle-National Co 6%. Jan 33 22% l —... 4% Jan 55 11% .1. — Feb 4% • Corp Oil 3% 1,100 5.7% 19% 56 V4 Telephone i 2,900 £1 Manufacturing Jan Mar 2% Mar 9,200 35 (Howard) Paper Mills... Corp 27 Jan A 1 Co 26% Jan 1 3% • Oil 22% Jan 24% 4% 28% 11% l Puritan Boss % Tj/ //,./•.A Venezuelan Sonotbne 16% Mar 5% Mar 39 Feb 747,700 • Singer Manufacturing Co Ltd— Amer dep rets ord registered Slick Airways Inc Jan 150 2% 1 High . 3% 3% Publishing— preferred Ltd 26% iy4 11,500 413 25c 22% __i & Sinclair 9% Mar Jan 11%. Jan 1,500 24% > Gas Puget Sound Pulp conv Smith (Del)_._2.50 Ltd.... 4V4 '/<>■' preferred Puerto $3 Range Since Jan. Low 24% 25% 2% 5,000. tt . Shares High 24% 1 Shares Boardman Low j 1 Co___._ of : Feb 7% 47% Company.. Service 10% 7% ^3 Corp (The) American Sales for Week Of Prices 24% 10c Ltd 2.50 Inc Co Inc common-. convertible preferred $1.25 Jan Mines Feb 6,500 i Simca Feb 4% 5,200 24% Mfg Prophet 6% Jan 17,800 10 47% ... Ltd-.: Proctor-Silex Jan 3% 9% 10dy2 7) Range ■, L 2 x Simpson's 5 A Silvray Lighting Inc.. 38% Feb 1,800 9% 6 Jan 2,400 8 9% lo Inc—___ Mines ' class B Silver-Miller Simmons 31% Mar 8% Canada Royalties Lambert & 4% 50c Corp Alexander 6 3% Class & Gas Co Silver Creek Precision Corp 6% Mar 9% ..50 Polycast.: (The). Corp Polymer Corp class A_„ Powdrell 2,400 1% Mar 9% * class 34 1A Feb 4 9 Inc._10c Scale.-Ai.-- Jan 1 Co--— Electronics Feb 27% Signal Oil 48% Mar 4 Polymers & 75% Feb Jan 21,400 5% Va 1 Week's Sale Price Par Mar 22% 9,900 4% 16 37 1 .j. Erie-..-.--. Railways Pneumatic L_. : Inc— Materials Polarad (Del)__— Corp... &. Lake Pittsburgh Plastic 4 l.V 31% 6 _„^..10c 2,700 4 34 Co___10 pesos Co. Industries Pierce u Jan 18,100 Last American Stock Exchange High Jan 6sy4 23% f' 1 7% 900 46% 40% ir. 1 10,700 • STOCKS . Range Since Jan. 1 Low 74% 23 20c Industries Shares 74% Minerals—.——_—1 .• High 13% 2.50 Inc.—: •!& Oils 15% Friday for Week of Prices Low (Range for Week Ended March Sales Range Par ' : Week's Last 37 5%.. Jan. 26% 271/2 800 25% 25 25% 2,800 25 1 Inc 27% 19 18% 19 1,500 17% Jan 11% Feb 5% 2 Jan Mar Feb Feb Mar 10% Mar k f7 Jan 25'A Jan 97 Jan 1 Jan Jan 1% Feb 25c Jan 6% 2% Jan Jan 29% Feb 28% 19 Jan. Mar ' 5% 20% 20% 100 20 181/4 181/4 200 18% Mar 19 Feb 20 series 19 19 500 17% Jan 19 Mar 23% 23% 100 21% Jan 23% Mar preferred 4%% series preferred 4.40% series preferred— 5.60% 20% 20 20 series Sapphire Sarcee Arms Ltd 25c Seaboard 227,200 % Mar % Jan 100 H % Jan 7% 3,600 6% 91/2 Jan Amer deposit rets ord registered £1 deposit rets def registered 5s Shipyards Corp __20 Amer Todd Toledo Edison Tonopah Tower 4%% preferred Mining of Nevada Acceptance Corp class A Co Allied Milling Ltd 8 1,800 7% Mar 7 7 1,600 6% 7% 5 5 5% 9,000 4% 7% 7 7% 4,900 5 Jan 7% Mar Lux Corp 1 Transport'n Corp of Amer cl A com.lOc 900 5 Jan Trav-ler ' Feb Feb Jan 7% Feb Jan Trans 5% Mar 5% 5% 6% Feb 1 6% 6 6 */2 4,700 3% Jan 7% Jan 4% 3% 4% 164,900 2% Jan 4% Feb 10c 3% 3% 3% 12,300 2% Feb 2% Jan 1 . 1.31/4 — 3% 1,100 Security Freehold Petroleums Seeburg (The) Corp • 4% 4% 4% 5,100 1 26Vs 2 31/4 26% Seem 3 36% 32% 36% 42,400 35,600 Bros an Inc A Radio Corp Triangle Conduit & Cable Trl-Continental warrants 1 Co 3% Jan 1 13 % 12 13% 1,900 1 14% 14 % 15 5,400 Seton Leather Shawinigan Co of Water Power & Co For 91/a 87 82 % 9 8% 28% • 12.50 common of Canada 29 35% 35% 35% 17% 17% 17% Co—l()c A % see page 38. 1,400 30 • 1 11,900 2,300 95 95 6,300 1,325 9% 3 Petroleum footnotes, 10% 87 143% 139 139 100 America Siboney-Caribbean 10% * 5 preferred Sherwin-Williams Shoe 20c Mining Sherwin-Williams 4% Inc Co Denn 83 Jan Jan 86 Jan 2% Jan 7% 8% 22,400 3% Jan Va 7% 10,500 A 11,800 Va 2,000 14% Jan 19% Mar 40,900 8% Feb 13 4% Feb 3% Mar 18% 12% 19"% 11 Mi 13 ; 9% Mar Jan A J»n Mar 4 !» Mar 27% 20% Jan 36% Mar 34 250 3,300 4,200 7% 40 6% Jan 13% Mar Jan 16% 27% 125 94 Feb Union Gas Union Investment Union Stock Co of Canada Co Va1 6,000 7% Mar 2,000 15 Va Jan 19% Mar 6,100 24% Jan 31 Feb 21% 21 Va 21% 2,600 19% Jan 21% Feb 16% 18% Jan 11 Feb 95 Mar United Aircraft Products 9% Mar United Asbestos Canso Oil & Gas Ltd vtc Elastic Corp Feb 29% Jan 144% Jan United Yards of Feb United Improvement United Milk United Molasses 31 Jan 36 Jan 17% Jan 18% Feb Jan % Jan American United N J Omaha 19 13,300 15% Jan 21"% 18% 19 600 15% Jan 19 Va Mar 11% 11% 100 lOVa Jan 12% Mar Jan 30 "4% 4% 5y8 411 1 4j* ll7ff 4 A 1 Va 1 A 43% 43 2.60 6% 20 1 & Investing Products Co 18 • 50o Corp Jan 98 8 4 Jan Jan 7 19 y2 30JA u Unexcelled Chemical Corp. Jan Jan 6% 17 28 Va Feb Jan 9 6% 19% 301/4 3% Mar 20 11 % • lo United Servomechanisms Shattuck 150 Feb 6V8 Mar 24 3% 50c . Serrick Corp class B Servo Corp of America 85 11% Jan 3% Mar 1 General 20 3% Trans Cuba Oil Co class True Temper Corp Corp 100 700 9% Mar 6% —3 Corp Airlines Seaporcel Metals Inc Securities 1 6 % 6Va 23% 85 1 7 3.50 Seaboard Plywood & Lumber 6 Va 23 100 1 Oil Western % % Tobacco Security Trust Co Ltd— 9% * Paper Corp & Fisher Co Seaboard Jan 25c Corp Scurry-Rainbow 21 % 50c (Del) Jan % % 1 Lid Industries Saxon Sayre Petroleums Petroleums Savage Savoy preferred 20 27 Va / Jan 5% 51,400 3% Jan 5'A Mar 24,100 % Jan 1% Mar 42 Jan 48 Jan Jan y2 200 5% 6% 55,000 4% Feb 6% Jan 5% 8 6 >/8 700 4% Jan 7% Jan 167% 170% 340 Ltd— dep rets ord regis 10s RR 100 & Feb 4 4,200 Canal 5% Mar 168 % 167% Mar 5% Mar 174 Feb 38 (1258) The Commercial and Financial Chronicle AMERICAN STOCK EXCHANGE Week's FrMay STOCKS American Stock Last Exchange U S Air Conditioning U S Ceramic U S Foil Tile U S Rubber Universal B Reclaiming American Universal Corp. Consolidated Universal Container Universal Controls Universal Jan 7 1,600 R% Jan 38% 41 22,800 33% Jan 9% 10 2,200 8% Jan 11 % 7% 6% 41 8 Inc Marion Utah-Idaho Corp! Lack & Jan Jan 6% Jan 8% Jan 15% 190,200 12% Feb 16% Jan 29% 100 28 % Jan 31% Feb Finland Lackawanna of Mar 16% 18,900 XJ74 J all 17% Feb 8% 8% 3,800 8% Jan 8% 1st Feb Valspar Vanderbilt Venture Tire & Rubber Paint Victoreen Vinco Iron Food Vogt 5 5% 2,400 5 Jan 5% 5% 4,000 4% Jan 5% Feb 7% 8% 19,200 5% Feb 8% Mar 19'/a 17% 11 Jan 16% 17% 38,500 13 % Jan 18 21 % 25% 19,200 14 Jan;: 10 % 10% 8% 11% 22,600 2 9% 8% 9% 43,200 b va 19% 20% 2,300 16% 11 Jan 19% Jan 1 Coke Co * Inc. 13% 19 % 14 18% u 10c 20% 400 12 Jan May-Nov 1993 Mar subord RR Co * Wagner Baking voting preferred— 1% Waitt & 6% non-cum Waltham Webb - Inc Bond 5 %s 4s & pfd Inc Knapp 6 West Canadian Oil Chemical West Texas Western Gas Utilities Western Gold & Leaseholds Western Nuclear Western Stockholders American Western 1 1970... 5%s April-Oct Television & Wickes Williams Williams Wilson (R due Power 1953 % Jan 18% Jan 100 1 88% Jan 90% ~4% 5 17,500 4% Jan 5% 4% 4% 10,500 3% Jan to 212 Feb 3% 2% Jan 4% 5% Is % ft % 6,200 % Jan 48% 47% 49% 700 30% Jan 24 850 20 Jan 32% 28% Feb 32 44 Jan 75 10c Wood 42 25 1 17% 16% 17% 9% ,„9?/b Industries 10, ;,V Industries 13% 12,400 49% Jan ? y, X!...<' "10% 8% Jan 5% 4,600 3% Feb Off-Shore 17% Feb 21 % 18% 94 1978 series 10% 10% 11% Feb Jan 94% Jan 19 % 19 19% 7% Jan 11% 19% 1% 1ft 9,800 50c Co 8% Corp 10c . 21% 1,500 7 8% 7 8 8% 20% 31,100 Stock Last Period Sale Price or Friday's Bid & Asked Low Alsco Inc 5%e subord conv debs 1974 AAmer Steel & Pump 4s Inc debs Appalachian Elec Power 3%s 1970 Bethlehem Boston Steel Edison 8s Aug 2%s 1 series 1994 101 53 1% L Quar-Feb 1970 June-Dec — ' M Gas Gas Gas 3%s 1970 (Calif) Electric & 3s 1971 3%s Exchange Feriod Last 1970 Savings Sale Price A series B Low United Gas Corp 2%s 1970 Jan-July 1st mtge & coll trust 3%s 1st mtge & coll trust 3%s 1st mtge & coll 4%s f s 3%s trust debentures sinking fund 1972 3%s debentures 58 7s Bank (Issue of of & coll trust 4%s 1977 1st mtge & coll trust 4%s 1978 4%s 1st debentures mtge «fc coll 5%s S f s f s 2%s tr 25/bs United 5s States 1980 1967 Steel May-Noo 1980 debentures debentures Mar-Sept Afar-Sept Jan-July May -Nov 1978 debentures Rubber 4s 1976 101 % 101% 89 102% 102% of stamped 1927) 1927) May-Nou Jan-July 1947 Sold 3%s 4%s Corp conv of subord conv debentures 1969 (Plan distribution, in year's Jan-July 2s 2012__Jan-July A) a Deferred 1976 , v . delivery 4%s conv Virginia First 1st & subord Electric & and refund ref 3s debs 8 Washington Terminal 92% ' 84% 95 Westchester Lighting 91V4 ■. * 9 96% 4 89 Power series F ser E 102% 104 24 103% — - 78 1978 1st & ref 27/8s series G 1979 First and refund mtge 2%s ser H 1st mortgage & refund 3%s ser I 1st & Virginia ref Virginian 1st 6s 3%s ser J — first 4s ref gtd gold RR- 1st and <fe ref ref 4s subord income mtge 3%s ser debs F ser 1983 89 5s 91% 94 V\ 98% V 2008.. 93% income 89% 92% 5 89% 2 98 % 100 28 83% 96 82 118% 163 1981__June-Dee 67% I gtd 3%s 1966 ;__Jan-July 2361 Jan-July Jan-July 1969__April-Ocf A ser 1979 April-Ocf Jan-July ser A 1981 Jan-July May 1984 2%s Corp 5 83 3%s convertible Corp Co & Wisconsin First 85% Gen Jan-July Afar-Sept 87 79 ~5 *85% 86% 89% 89% 76 Va 77 5 84% 84% 1 — _ ~5 86% 87% 82% .4 — — series D debentures 3%s 4Vas Central mortgage 1971____Mar-Sepf f s f s 1967 debs debs Mar-Sepf Mar-Sepf ...Jan-July 1975 May-Nou 1980 Feb-Aug 1978 __ 13% __ V 117 118 23 RR $87 __ $64 __ 76 76 % 89% 73 Vt Yonkers 77 84% __ 80% 99 __ $80 __ $99 __ __ $64% __ __ __ . 62 65 44 46 % 48 .. 46% 46 (not 48 included in 1 range), year's 11 included (not 45 55 Under-the-rule in year's " d Ex-interest, transaction t Ex-dis¬ range), during the current week. - - Week's Range or Friday's Bonds Bid & Asked Jan. 1 No. 46% __ Range Since Sold High Low High 48% 49% 94% 97 __ 96 95% 96% *92% 99% 28 , ... v 91 91% 953/4 ... 98 98% 98 55% 55% 12 99 ■ __ 56% 38 53% 56% 55% 56% 60' 53% 56% 96%- 56 96% 2 95% 97 *82 __ 81% __ *100% 105 __ *75% __ 93% ~2 88 __ 88 13 *73% __ 91% __ 91% 92% 85% 2 103 88 7334 __ 91% 733/^ 94 91% *92% __ 101% _ 93% __ 81% 101 ... __ 91% 92% 101% 103 67 *96 83 ... 99 105 83 91 90% __ 92% 94 A 2004 97 Power 25/bS Jan-July 1 2029 May jkne-Dec 1976 1 60% 60% 62% 11 60% 62% 40% __ 40% 1 39% 43 *81 __ 7934 2%s Public 1979 Service Mar-Sept 3%s 1971 2%s 1976. 92 I. 91 Jan-July gl 90 __ 1st Elec Lt 90% mtge & Sheet 4%s Power & Tube series H 91% 91 % 1 Jan-July Co— 1990 April-Ocf __ *103 104% 100 104% 84% 90% 114% 118 6 70% 72 75 2 79 80% 75% 80% 66 99 II 69 $80 a Deferred included in delivery the Included in year's the sale range, not included in the n Under-the-rule year's range, y year's sale not d Ex-interest, range, included 77 t Companies the Bankruptcy • reported Act, or Friday's bid and A Bonds ask selling flat. as being securities prices; in the year's e Odd-lot range, r sale Cash not sal* Ex-coupon. § Negotiability impaired by maturity. *74 87% 64 __ $120 Co— series 4s Electric mortgage Wisconsin „ 76 13% 86V4 89 , — 131/4 87% __ $88 • Jan-July mtge 4%s inc series A Jan Youngstown *90% 118 1st 79% —— Afay-Nov Feb-Auy II — — Afay-Nov 1973.Aprll-Ocf 87 68% ' Wisconsin *79% 98% 63% 12 __ $11% Last May-iYou 1982____ __ 87 92% 100 96% May-Nov Ry 1st 4s 3%s series C mortgage Wilson 96 mtge 4s Income series A Jan 1981 ...April Gen mtge income 4%s series B Jan 1991 April First mortgage 3%s series B 1971 ^..Feb-Nov 88% Low 1974 series debentures Whirlpool w RR Co-— Gen 1 A 2361 debentures 3%s not Wabash 93 88% $130 __ Sale Price 2000__Feb-Auy 1970__Feb-Aug 3%s 1967.Jan-July series Maryland Westinghouse Electric 99 163 Aprll-Ocf C 91 _ Southwest first gtd 5s 2003 mortgage 4%s 1983 Ry 3s series B 1995 lien lien 9 100 transacted Period 1979 4s Western Pacific RR Co 95 1980__Mar-Sepf 102% 92% 92% cash 3%s mtge gen 3%s Power mortgage 5%s 104 Va 150 84% 104% 10O Va 88% 88% ' 2%s 3s registered 1st 105% 95 June-Dec 105% 104% 34 92% h Ex-principal. for Interest 3%s Shore Western ' 163 1975__Afar-Sept Afar-Sept 1982 & General First M 99 84 101 102% 102% 105 (Range for Week Ended March 1 7) ft' Electric Penn West 101 % 24 — 102% 48 dividend, Transaction r Exchange mortgage Penn West 102% 96% Co— mtge 2%s 99% 104% 101'/4 98 103% 103% 82% *91% West 89 104 % 104% RR General ,93 98% 5 Warren - Mar-Sepf 1980 92 99". 1U4% 104% $in4K, 46 % transaction Ex-stock g range), '" ' ft • 84% 1 Ifar-Sepf Vendo Co— 5 97 used High 103% *92 11 x Low No. 104% June-Deo 99% $104 June-Dec 1 .1997 New York Stock First debentures 90% • America— subord 84% 92 104% 104% Mar-Sept Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3%s series C 1970. Vanadium 91% 80% 7 above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certificates; "w I," when issued; "w w," with warrants; '"x w,'' without warrants. ■■•ft Jan. 1 5 98% '90% 99% __ 1972 BONDS 11 97% 91 85 99% April-Oct 5s Abbreviations 89% 88 101% 98% 89 % 24 89% $90 V8 May-Nov 21/bs 2C08 A) Jan 3s Ex-liquidating Range Since 7. 89% 86 97 '/a •* of)-— value, included 2008 1947 Denmark (Plan fund par 2%s A) 53 120 120 — 101% 101% April-Oct 1983 89 89 101 Afay-Nov : debs April-Oct Aprll-Ocf — 91 86 91 __ Jan-July Jan-July Feb-Aug Ex-rights, z Ex-stock dividend. A Bonds being traded flat. $ Friday's bid and ask prices; no sales being § Reported in receivership. Bonds 93 *88% 72% 95 87 Bogota— May (Republic (not 102 89% 15 84% 66- 2 $84% Jan-July 1949 (Plan (issue of Oct tribution. 1 50 6%s stamped Sinking High 99 2 97 93 May-Noo 1973 mtge % *95 Feb-Aug 1975 19721 1st U JuurJuly 1971 84 15 78 88% Jan-July Assn— 93 % Low 11 High ft $80 1952 Clearing 1967 (Prov) Rio de Janeiro stamped f No. and 1967 Peru Jan. 1 Sold Bid & Asked 90% Adjustment debentures— series A Range Since Bonds Banks 4%s 8% Mar — Friday's 97 $88% Jan-July 1974 (Germany) 7s 1951 Port & Waterways 6%s Week's Range or 71 96 Friday Friday New York Stock 66 ". 67% Knapp Inc 5s debs NEW YORK STOCK EXCHANGE BOND RECORD Interest 99% 173 133 " 90% Jan-July Feb-Aug Continued from page 33 BONDS 91 122% 95% 4 161 $83 96 8 99% 161 69% 96% 90% 119 97% April-Oct 1985 Counties Debt Jan Jan 89% 89 ; 1983 California Mortgage 4% $120% — $90 Feb-Aug Feb-Auy Feb-Auy Feb-Auy 1985 series 95% $122 Mar-Sept Mar-Sept Feb-Aug Mar-Sept April-Oct J K 48 97 $96 " 1981 5%s 8% Mar 93% 94% $88% June-Deo Jan 23 Jan 53 92 97 1982. series series Maranhao Jan. 102 101 June-Dec 1998 A June-Dee June-Deo 93 94% Jan-July Feb-Aufif German Feb 5 High 99% 80 Foreign Governments and Municipalities Week's Range Interest Exchange 99% Jan-Auy •No BONDS 99% $99% Feb-Aug A7s 8,400 20% 98 7 a 1982 & 141% 12 1982 series 98% 99% I Parana 21% 246 Jan-July Mar-Sept 1979 G Mortgage Bank 1 '62 ; ADanzig ///;N'ft/-1 , 141% 99% H ABaden 8ft Feb 1 130 Webb £1 40c 88% 121 77 series AHanover Jan 7 5s 139 $98% Feb 18 148 June-Deo Jan Jan, 300 120 11 series 24% Mar 1,250 2 62% 155 87 116 Wasatch Corp debs 6s ser A 1963 Washington Water Power 3%s 1964 Jan 18 30 1 Friday American F series Jan 90% 100 debs 1965 1976 E Southern Mar 19 22% 18% 93 % 94 • Ltd Petroleum D series Feb 5% 16,900 6,800 100 57% ft* 7% Mar 21% Inc Jewelry Co.... series Feb 4% 10 /ft 104 -'25% Mar 18% Machine Hargreaves Zapata 27% 20 4% Ltd preference.. Zapata " 14 56 $87 April-Oct 1981__May-No» 3s 1976 Southwestern (F Z" Zale 8,300 2,500 62 155 117 % May-Noc 1973 C 5s Jan 20 % pfd__100 W) Ltd— American dep rets ord regular 6% B series 4%s Jan 3% 1 .25 Light 4%% series Southern 27% Mar Jan 1 — common & Jan 22 2,500 •" 44ft 24% Co.. % 2% 7/b Feb 4,500 3,600 3% 44% Industries Wright % 27% 2% 25 Pwr Woolworth % 26 • Newspaper Woodall 3% 100 5 (John) Wood 27% 75 64 ""% 1 32 ' Jan-July 1998_Jan-July 6s Co Corp 1973 47/aa Mar 30% 62 144 78 4%s Jan 60 % 143 11% 10 118 68 77% 4%s Mar 1 Gas Edison A 3s 49% Mar 23% 1 Co California series 3%s • ft Feb • & Power 3 '/as Ltd— preferred. Wisconsin 7,200 Water 4%s . Invest "3% ~~4% Harbor 3%s Jan ~3% 5c Electric 27/8s Jan * 60% 116 . 8 127% 138 155 80 8 Jan-July Aprll-Ocf April-Oct 1963 conv 5% Mar 4% Service 3s Jan 10c Inc. 136 % 76 100% ' May-Nop 3s Jan _4% 4 25 9% 78% Ltd— 1970— 3 %s 28% Mar pfd 80 113 $8% 1976__Jan-JuIp 1961 Co extended Sapphire Petroleums Ltd 5s Mar 3,900 4,000 Corp & 1-^ 1ft 42% 24 Mar-Sept Southern Feb 28% Inc C) 2% 1ft Co Brothers , 26% Ltd Williams-McWilliams Jan 1ft Manufacturing Brothers Feb 2 28% Corp Stores 3% 1% International Inc (The) Wiebolt Feb Safe 4% Mar 50c Stationery Oil Jan 81% 900 10 Mfg 1% Jan 1,300 Inc River Jan 75 2% Westmoreland Wichita 1 210 4% 20 White Eagle White Stag 83,600 81 36% Inc— Rapid American Co 7s debs 1967 *:"• 5%s conv subord debs 1964. 2% Mar 155 19 80 liq tr ctfs— ft: .Aprll-Ocf April-Oct 1984 Corp— subord debentures England Power 3%s %s Public 7% Mar Jan 2% Coal. Shoe Jan 1% 1% 79 Westmoreland Weyenberg 4% 19,500 4% Ltd Inc & 200 2% 1 80 dep rets ord shares Tablet 7% 15 94 103 20 $76 1974 3 %s 4% Mar 2% Co Uranium Western Jan 4% Inc 4.40% Development 1% 1 Products & 300 1.25 Manufacturing West Jan 8 110 112% Jan-July Power 1st mortgage 3%s 1968 1st mortgage 3s 1971 Pennsylvania Water & Power 3%s 1964._June-.Deo Feb 85 2% • Company Inc Wentworth 10% Jan 4% 10c common Jan 70 7% ~2% I preference & 4 50 3% 10 Co 20,500 85 70. 89% $98 Jan-July 1963 Hess Nippon Electric Jan 1,700 10% 9% ft.,: 6 3% Jan 5% 84 4 common conv 9% • 100 Precision Instrument series $6 Weiman trust ctfs- 4% High .... : 6 ' 40 $18% May-Nov 1970 4s Ohio Aircraft 94 143 39 - April-Oct 1975— debs RR National Theatres w Waco —i ... convertible New Jan 138 May Mar-Sept 1961 1972 bs Bellas 5s 20% Mar Jan v 65 Research Mar 157/b Mar 12% 43,700 B 1963 Western National 9"% Mar 22 & Valley Low 72 Corp— National Feb 139% Jan. 1 No. ftft'ft 1993 A Mtge Bank 5s debentures conv Midland 25% Mar 19% 25c & Products 5%s 19% Mar 26,500 16% 24% ..Feb-Aug Altalian Power Realization Trust 6%% Lithium Corp of America— Jan 5 8% 94 Range Since Sold High $68 jan-July 1978.. Bonds Bid & Asked RR— series Development 6s Registered Hydrometals Inc 14 % Mar Jan 1 Co Manufacturing Vornado . 1 — A Coal 8% 4,500 25c ..x Instrument class 13% 5% 1 Corporation Virginia Vita Co (The) Inc 12% 5% 1 warrants Capital Corp of America Viewlex 12% 1 Van Norman Industries Victor i.'. Corp Friday's or Sale Price Feb-Aug 1975 series 4s Residential AGuantanamo • 1973 Division— J 4s mortgage subord 6s debs N mortgage A 1st General v Last Period 3%s Western General Builders 8% Mar 16 % 16% 8% 5 subord conv Delaware 4"% 29% * Sugar 6%s Feb 31 % 41 debs 6s Chicago Transit Authority Davega Stores Corp— Jan 9,900 14% 17.78 8% Industries 26,100 8% 7 15 % 25c Chemoil ■i 4% Mar 47,500 41 40% 10 Interest Exchange Low 41 % Mar com.lOc Insurance., i Universal 3% 8% Stock High 9% 25c . Oil— Corp cl A Low 1,500 41 1 Co High American 6% 1 _ Range Since Jan. 1 4% 1 Week's Range Friday BONDS Shares 4 4 50c Co class Co Corp Low Monday, March 20, 1961 . (Range for Week Ended March 1 7) for Week Range Par . Sales of Prices Sale Price . 1 in bankruptcy, assumed no sales receivership, by such companies. or reorganized , under being transacted during current week. Section 77 of Volume 193 Number 6039 . . The Commercial and Financial Chronicle . (1259) 39 -y> OUT-OF-TOWN MARKETS Boston Stock STOCKS Last ,.;:r 7 - American '/ •' r"." ■,Par •. American Tel Tel & 33Vb : __ Company >— Boston & Albany RR___—: Boston Edison Personal Co 112% Gas Star Cement New Northern Pennsylvania Fruit United Shoe U S Jan 510 63% • Feb 'i 30 Jan ' .16 ' Jan Mai- 65% Mar >78% Mar 74 Jan 3,881 61% Feb 756 87% Jan 117% Mar 133 22% Jan 73% Jan 17% 93 •16% Feb 60 22% Jan 13% 305 11% Jan 5c Feb 21% Jan 40 Jan 23 5c 22% 50 48% : 16 23% 376 3% • 74 141/4 29% ___25 44 13% 13% 50 74 42% 5 10 2,903 50 3% __100 20 Jan 29% Feb" 14% 7c Vermont & Jan Jan 28 Feb 30 Jan 53 291/2 Jan 61% Jan ■ 5 50 Vb 51 com 50 28% 28% 75 75 53 63% RR JlOO Co Inc Westinghouse Elec Corp.." t 12% * 34% Jan 54 90 37% Jan 50% Max- 17% Jan 24% Mar 54% Jan 72 46% Jan 53% Feb 10 26% Jan 32 Feb 40 71- Jan 76% 90 11% Jan 14 44% 6.25 ' " ■ 43% Electric Cincinnati V. 985 47 49% Feb 40% Feb Mar Jan Transit Week's Range of Prices Sale Price . __1 Balcrank Champion Paper Cincinnati Gas 4% 35% 32 VB 32 323/4 43 41/ 43 85 Vs 85 Vb ;. 8.50 ..100 Milling 200 ■ 27% 317 . 27 335 ■ 18 152 - 37% 85% ' 10 / 100 45 45 97 lo ... ... Low 19 34'/a • common. common preferred Cincinnati 18 34% 1 7 Vs Jan 25% Feb 101% Mar 130% "J 94 39% Feb 38 35% Mar '38Va 88 123 76% Feb ~'46% '89% Mar 50% 175 42% Feb 44 50% Mar 46% 412 40% Feb 49% Feb 70% 20 67% Jan 73% Feb 631/4 631/4 $2,500 37% • » 63% 1 97 ' N O Pac________ Tex fc Cincinnati Telephone Cincinnati Transit .100 Diamond ——' r* Friday Last 111% 50 _____12% National •' „ , "J 45 1 314 110% 112 8 20 Week's Picher Gibson 5 ; Aii?nPEtecr{rif_s/°"!:;:; fsr Week of Prices Shares Lew ■turf Range Since Jan. Ugh Mar Briggs 1 Brown-McLaren Budd Die & Mfg 1 Burroughs 1 Paper 1 _ Bros 10% 1 36ia "7.4 53% 51% 1 33% Mar Fruehauf 43 Gar 86% Mar Jan 473/4 Mar Graham 4% Bearings Procter & v 8 84 46 - 25% 24% V' - 363/4 Jan 66 22 % 8% Jan 46 Feb Mar * 263/4 Feb 26% 29 5,889 20 Jan '• V..a 24^/s 5 ZZTZTl 30% 323/4 1,709 30 Mar 32 34 Mar 30% 30% 30% 152 V» __10o 76% Lakes J'"6 27% Jan 1*850 37 10 Jan 11% Feb Jan 10% Feb IS Jo -mi/. 8% 4qq 36% Mar 7 53% aci ' 50 26 3/8 Jan 220 144% 153 132% Jan 30% Mar 153 Mar 5 5 - Leonard 98 733/4 Mar 77% Mar Masco 23% 32 Mar Motor 33 Va Mar Parke 26 3/4 73 Jan Allied Refineries Jan 4'A Mar 39% Mar 33 334 28% Jan 33 m 64% Jan 78% Mar 1709 19% Jan 24% Mar ■ 2% 14% 1»?J? 221 76% 4% 44 1 - 9?? 5% Aluminium 53% American Airlines Can American Cyanamid ..12.50 American Tel American 1.66% 19% j._33% Motors American 112% Tobacco Ampex 1. Tel & Co.. Screw .250 4 Avco : Davis Oil Corp 24 ye Feb 115 21% Jan 37% 146 34% Jan 38 Feb 47%. 376 43% Feb 47% Jan 20 360 16% Feb 115 1,039 103% Jan 17% 111 20 Mar 116% Feb 74 65 Jan 74 23% 25% 325 20% Jan / 205 44'A Jan 54'A 120 67% Jan 38% Jan 48 70 74 Vb 74% 48 Feb ivn 1% 2% Jan 2>A R51 17/b Feb 27 27% 276 22 Jan 18% 19% 832 13% Jan Rockwell w) & 47 185 40 Jan 1 14% Corporation 46% 42% 47% 328 70 Vb 62% 71% 1,632 A compilation of the 37% 27% Mar Jan 43% Jan 75' 139 17 Jan 20 Mar 20 28 Jan 37 Mar 62% 63% 76 59% Jan 68 % Mar 45 81 38 Jan 46 Vb Mar Admiral Corp. 53% 84 51 Vb Jan 54% Advance Ross 51 2% Feb 45 41 % 53% 10 Dow Du 7 . ~3% 3% > 3%: Mar Chemical Feb 3 Va Mar Acme Laboratories Steel / Eastman Fruehauf ...10 T Akron 37 Vb 100 31% Jan 37 Vb Mar Alleghany 24% 151 23 % Jan 24% 86 Vq 87 % 17 77% Jan 92% Mar 21% Jan 21% Mar Aluminum 190 i,16 , Co of 67% 17 73% 75% 132 71% Jan 77% Mar 208 Vs 208% 118% 66 % 17 66V2 109 185 3/4 Jan 214% Mar 104 Feb 1193/8 Mar 115VB 118%r 125 55% 90 Jan 15 50 Jan 68% Feb America 18% Mar Airlines 52% 6 473/a Jan 5234 Mar 39% 246 35% Feb 40 Va 5 77% 74% 77% 60 63% Jan 783/4 Mar 22% 22% 80 19 VB Jan 23% Jan American Motors American Rad & 41 39% 41 228 393/4 Mar 45% Feb American 67% 65 Vb 69% 969 61 Feb 73% Jan General Motors Telephone San 45% 43% 45% 407 40% Feb 46% Mar 29% 29% 30 391 26% Jan 30% Goodyear • 38 VB Greyhound 3 Lorillard Martin Mead 8% fP) 52 34% Feb 38% Mar American 2 20 VB Jan 21% Anaconda 37 37% 34 32 % Jan 38 Vb Mar 75 46% Jan 58% Mar Arkansas 125 40 3/4 Jan 503/g Mar Armco 30% Jan 3734 Mar Armour & 30% Jan 393/4 Mar Ashland 50 50% 35 35 10 36% 36% 74 40 % 43 148 - Steel 5 40% 36% Jan 44 * 83% 80% 83% 196 703/4 Jan 833/8 Mar 48 47% 48% 276 44% Jan 5034 5% * 33% 31% 33% 185 28 Jan 343/4 Mar Athey National Lead National North American Pennsylvania RR Pepsi-Cola Phillips Pure Radio Petroleum (Un) Oil 21% 300 163% Jan 13V« 3,200 10% Jan 25% 27 5,400 23% Feb 34% 35% 2,200 32% Jan 73% 75 200 68% Feb, 21% 22% 1,200 21% 75 22% 47 900 43% Jan 503/a 38% 3,900 34% Jan 38 % Mar 43% 47% 3,000 423% Mar 47% Mar 21% 116% 16 Va Mar 33 Vs 34% 400 27% Jan 34%-Mar Republic Steel Reynolds Tobacco 112% 1% 111 446,000 74% 72 V. 74% 600 65% Jan 75 Feb 46% 46% 47% 800 41 % Jan 50% Feb 21% 52Va 745/, Feb 75 Mar 74 Feb 74% 1,000 68% Jan 48% 46 V4 48% 800 38 Jan 48% Mar 27 1 27 27 "A 700 21 % Jan 2714-Mar 24% 3,500 21% Jan 25% 9% 24 Va 24 Jan 19% 7,800 13% Jan 19% Mar 8% 8y4 200 5Va Jan 8V» Mar 14% 1,700 Bearings 3 Gas Jan 37% Belden (Un) A 1 Bell Gossett 63% Mai- Bendlx Corp Benguet Consolidated jq Co :*V 14% 13 2 . Inc - ZZ ;'' 21 17 % 110 ZZ" 13 4 20 4 Jan 3% Jan 21 16% 17% 1,650 17% Jan 3,500 14% Feb 63% 1% 1% 1,900 62% Mar 15% Jan 92% 250 ! 62% Z.ZZZZs (Un)_ZZZZp~2 13% 110 • Mfg Co 59% Mar & class __Z_ZZ.__ZZZ.50c Inc For footnotes, see page 46. 42 18% Jan Mar 21% Mar Jan 19% Corporation 34 3/4 llS Jan Avco 4934 " Jan 13% 35% 56 Va Mar 1 . 44 100 44% 95 Jan 800 13,000 41 Feb Baldwin-Lima-Hamilton Bastian-Blessing Co Jan 52% 21% Jan 50% 54% 50 18% 41 383/fe 143/8 Mar 9-3% Feb 44% Jan 30 54 % Jan 700 Jan 138 1J5 1,200 14% 62% 1167/» 42 V* Bailey Selburn Oil & 61 Jan 1 % Mar 56 V. Feb 116% 118 103% 7,000 41 95% 62% 111% 114% 53% 523/4 Mar 5 Mar 42 % Jan 10 20 56% Jan Feb 2Vb Mar 123/4 Jan Refining Co 10 Automatic Canteen Co of America__2.50 47% 57% Feb 3,500 10 Va Mar 85% 37 16% 10,700 22% 50 ' 122% Mar Feb Jan 65 35 VB 22 Va Mar Jan 1A Jan 184 57% Jan 853% 17 91% 37 20% 900 700 49 % • 700 2,200 1,000 88 % Feb 2 10 Vs 49% 59 Va Mar 21% 116% 21V4 91% Jan 108 10 5 12% Feb 48% 37 47% 20 Feb 47% Feb 10 30 53 24% 20 82% Mar 60 Feb Jan 4 Jan 100 ''' 10 Jan 59% Feb 35% Mar ,-j 75% .. 38% 10 253/8 50 14% Mar 16 ^ 61% ' 22 V4 Mar 273/4 ZlO 'in Corp 52 14% . Feb 20 preferred 216 58 % Jan 15% common Products 28 Va 49 % Feb 10 V* Topeka & Santa Fe— 81% 5 14 Vt 17% _ non-cum 27% 5 Corp Atchison 81 .10 ; 21 Va Jan 13 ZZZZZZ.5 28% 33%c , Jan Jan 7 Vs 21 2 50 Refining 81 1 17 % 10% '25 I.ZZZso (Ill) & 5 : 1,000 1,400 1,200 12 50 (Un) (Un) 5 Aviation 733/4 Mar 0^7/. Atlantic National ; : High Jan 157/8 Common 2 Ward Cash Register.: Distillers 54% "33% Corp Corp Co. Oil Mining Montgomery1 Low 1,500 19% (Un)...^ Company Chemical Feb Range Since Jan. 1 5 Louisiana Gas Monsanto % Mar 8% 112 Apache Corp 58% Minnesota Corp Mar 1.25 Viscose 38% 36% * 8 1 ^ Tobacco 21% 1 1 1 14 ~_Zl Rights 37% Jan 13% 1 Foundries American 57% 37 5 1., __T Feb Steel 21% » Co McGraw Edison 57 Sales Shares 13y, 350 (Un) Ar^riAan Tel & Tel Co General : Feb 15% Mar 166% Stano 5 1% 21% 1 Corp 1 Tel - 12 50 ~ Cyanamid Co (Un)__ American Investment Co (111) American Mach & Fdry Rights 52% 3.33 % 73% - ' 21'A 1 American 38% Jan (Un)... Dynamics.. & Feb 14% Broadcasting Electric Tel Jan : 9% Mar Feb High 20% 8 1 , Paramount Theatres (Un) American Can Co (Un) 52% 1 Oil 13% 50 35y2 General International Jan 1 General Gulf 23 33% Mar Jan in American 39% % Feb 7 _50c Allis Chalmers Mfg Aluminium Ltd Feb __5 Trailer 2'A Mar 10% Mar >, for Week 70% 14 ...25c Mfg Corp (Un) • 2l ZZZZZZZZZIZ'-A Electronics.^ Brass .__._1.25 Autoljte : Federated Dept Stores Ford Motor Jan Mar Jan 13% 579 Range •f Prices 71 in 19 5 / Kodak Electric 6 Jan 21% ;.', 46? Low 5 Co 24 5 : Feb 11% 8% '990 15% 57 43% / 28% 3«i VMt'i Par Abbott 36% 87 % 1 Pont Feb 788 Mar roud-iot tranaaetloM only Sale Price 47 1 Steel 2 17 Jan 14% Last 47% Mar American Dayton Power & Light Detroit Jan Mar 910 FrMaj STOCKS 20 10 . Jan .-a. 18% 1 Curtiss-Wright Feb 8% 13 % 33| 56% 13% Feb 6 2% Jan Jan 6% Midwest Stock Exchange 36% 1 • • 2% 10 13 15 Jan 36% Jan 13% - 2% Mar 1 Va Mar S 33£ ns l25^ ^iVohnaCnCOntr0lS Upj0hp Co Jan 18% Mar Jan 2so 3* Udylite issaiaxgsr—-—HI Feb 10 243 6 33% " , 31 11 j q65 2% 5 Jan 2% 1*2°3 10% 6 Feb lVa 584 ni/ Jan 2% 950 onn 1 10% co Corp ' 125 ... 12% 714 W 47% Mar ..._l Gas 1Vl 01/. " ' 25 Products 2% Mar 17% 103 125 j,/2 .Z7" " "" ♦ Indus ScUod,LnMSm„frU"n8 1 . ,,/4 oil /8 ' _ Products Standard 5 /___ Jan 19% Mar 45% Industries ; J83/4 183A 2% 2% 7% IIIl Co Feb 47 Burlington Service Mar 2% 2»/« Mar 19% * Clopay Corp Colgate-Palmolive 46 1% Jan Mar 27% 5 Burroughs Chesapeake & Ohio Chrysler Corp 5% Mar Jan 11s 12% 1 74% Mar 16 Mar 25% Mar 51% 8 Corp Corn Feb 1 ; Steel Brunswick Columbia 35% 3 , ... Boeing Airplane Cities & Metal (H Jan 43% 46% *74% .10 __5 Bethlehem 22% 27% Jan Jan 40% 453/4 18% Mar 2% 1V* 5 * ! Armour Ashland 21% 53% Mar Feb 32% 50% 23% 1 , Steel..: Products Wheel Rickei Jan 23% 80 72% 12 % Corp Anaconda Armco 47 1 — 44% 87 : 37 22% 1 — American 26% 35 200 53% 34% * 53%' 26 ..10 : , _ Limited Jan 2% 3 Republic-Transcon Stores Allis-Chalmers Mar Jan 1 91 n 4^ *74, 2224% 183/4 27/4 1 2 i-aoaile 50 30% 6 2V» 3 1 LaSa'nf wln7P'nB Wines 77% 30 3/4 Jan 53 % Mar Jan 7% Mar 29% : / i Jan 4 Va 1 nC Peninsular Unlisted Stocks , 8 28% KrpSi 73% Jan 36% Mar Feb 48% 4,020 c Mar 35% ~~ • Chemical Jan 2'A Mar an 76 45% Sf'6 Industries 29% 1 Card. Great Jan 17% 17% 5% 1'66% 1 common 95c Jan 29% Mar 32% 2% common preferred Playing 28% _____2 ... Gamble Rapid-American S J'/' 112% Mar 1 Lunkenheimer U - Jan 7% Mar Paige Feb Feb 1% 33 Trailer Industries Jan 7% Mar 38% La 5 '• 15% Jan 17 ^ 3 Co— Feb Jan 38% i- U"(?->; ?nphpfli^0t°rs Corp Goebel Brewing 97% 17% 7 — Corp Federal-Mogul-Bower c 1/ 17 90c 1146 7,£ 20 1 r\ Wood 10% }j> I" _J Ex-Cell-O Motor 2%, 37 1 Mar Jan 14 2V« 10 Motors inn Jan 5 6 Va 90c 19% Jan 14 Va it Jan 3% fiL 2% ~_s Corp Refrigerator rdi 90c- ".""'A Machine Jan Feb High , 15% "J' 7?Z Company Buell Vv TOi Manufacturing Jan Mar 1 ■ Low 13% Ford ' 5 Cards Greeting Kroger 8V« , 66% Feb transmission gales Range < Par 35% Mar Jan Mar 973/4 100 " Eagle 97 Jan Exchange , Sale Price Jan 82 37% ! 4 Feb 43 % Mar 63% Feb ' Cine Jan Jan 44% S T o r k « STOCKS Corp Economy Baler High Feb - Feb 9% Mar 26% Jan 43% 'wK°f W~E" .HU™>N & CO. for the these Cincinnati prices. Detroit Steel Range Since Jan. 1 High / .10 Manufacturing/.-..,..— 54 • ' 83% Detroit Stock ... Carey 114 of SKJS ?dl.son Prod Detroit Indus Shares Low y.'V. ''-Par .; 50% ;;1998 i Davidson Sales for Week , 295 4%s indebted are Copeland Cincinnati Stock Exchange Last 59% 43 9% Feb : Feb 116% _ T"~T" We Continental Friday Jan Feb 52 V» 47 BONDS Consolidated STOCKS Jan Jan 721/4 Mar 743 , 14 46% 40% 55% Mar 285 1,721 - Mar 1,097 26% 85% * Feb 72% 57% 26 - -—.——2% W) Feb 29 Jan 131 16% 35% Mar 67% 72 % Jan 53% 61 39% 1 Union Mar 43% 40 501/4 com__25 45% 20% 60 . 8% 43% Feb 156 v 55% 101 Va 101% ,124% 130% 130% • (F 53% 70% a —10 ...IZZ Woolworth ' 512 50 - 14% Mar 370 ' 47Vs Mar 54% "9% 25% 25 '45% Mar 111/4 35% 24% 20 47% 29 Mai- 71 40 42 45% /, Feb 51 Vs Mar Mar -74 Jan 4 10 45% 45% Jan 25% „ 1 ZHZZZZ. Westinghouse Jan 52% Mai- 593 22 % Co.... Mass Western Feb 38% 47% 43% 10 Aircraft Steel 45 16 50 49% .1 — Feb 24% - 3% Mar -185 • 49% 23% System S Jan 43% 51% 27% , 45% .7, Jan 51% • 61% 1 ♦ L: Corp Feb 5 49% • Machinery ,'27% 34 2.50 Inc Smelting Refining & Min'g Waldorf J) ■v-U S Shoe U 39% 43% 51% 55% 2 Carbide 130 43% "so * United 42% 59% Mar 28 (Ohio).. *187% Mar ' U .S Union 27 Vs Mar Jan 27% Mar 1,007 - 251/4 ■•-5c Co Rubber 10% 491/4 12% * .' Chemical-.. Co.... United 46,/ Mar Feb 25% . 100 ; Stop & Shop Inc Torrington Feb 17 ...20 common RR Webster '' 50 86 __,__i ... & (N Jan 54'A ZZ—25 ' Quincy Mining Co ; Rexall Drug & Chemical Co. Shawmut Association ...J Stone Oil OH 22 64 " Studebaker-Packard 28 Feb 90 59% 42% 5 (Ind)___ Sunray Oil 45 39% 27% 58% 42% 47% 36% Mar . Jan 25% 59% —50c 17% Mar 2,661 69% 821/4 __l Railroad Mathieson Olin Standard 34% 1 High 15 ~ Oil Standard 60 5 Southern Railway + Sperry Rand 1 Standard Erands Jan _ 25 % 4 Hartford RR NH &: NY 65% 24% Corp: England Electric System England Tel & Tel Co New 14i/2' 110% 116 ____25 Association Service Companies National 67 5 Racing Narragansett Feb •55 Mobil Southern Co Jan 55 • Theatres.: Boston Feb Socony Standard Low 37'A 3 I__ I_ Oil 13% 10 _50c Corp Copper 17% Jan Feb Range Since Jan. High 36% —1.40 Roebuck Sinclair 29% 28% 77% ; 50% 58 Sear 88 45 • 74 VB ; Shares Low —___5 173' . 63% l Kennecott Lone 45 61% Co common Feb 761/2 Mar v Regis Paper Schenley Industries Texaco ;__5 Coal 138% Mar Jan 14% Feb Mar ; ■14% Co Creek Feb 1JJ 54 Jan 501% 470 16% 35% * Co 67/ - 53%: 15% 100 General Electric Co Loews' 51% 28% Inc_ Stores 117% Jan :• 24 15 __100 . adjustment Motor Island , 20% Mar 134% Mar 597 56 % 35% 1st preferred class A__^_100 National Gillette < 44 110 56% * Railway Co— preferred class B Ford 74% .-V/12 _ cum cum Jan 32% Mar • lft Mar 296 Co... , 5 & Fuel Assoc com_-_____10 6Vc 5% 102% 77,757 52% 14% 6% First 4,272 High Jan Feb 134.% 136 % •74% 75% ;__io Eastern t,Mass Street 26% '16% St - Inc Range Eastern 287 2,457 50 25 ___ Co_i Copper Low 30% 201/B 114'/4 114% *• 1V4 ur __50 Property Trust.! Hecla Calumet Cities Service High 17% lii Anaconda Boston Par Range Since Jan. 1 30% 20 _1.66% Corp.—. for Week for Week Shares Sales Range Last Sale Price Range Low Agricultural Chemical Motors Week's •f Prices Friday- .. fTOCKS Sales of Prices Sale Price American Exchange Week's Friday (Range for Week Ended March 17) * 100 .4 •< Feb Feb Jan - 1% 1000 111 P-e-D Jan 4 21 173/4 72 1% Jan Jan Feb Jan Jan The Commercial and Financial Chronicle 40 . . Monday, March 20, 1961 . (1260) OUT-OF-TOWN MARKETS (Range for Week Ended March 1 7) '> ■ ■ Steel Bethlehem Co Manufacturing Binks new 5 ™ 5 26 5 Boeing Airplane Fisheries Corp Corp Borg-Warner Brach Erunswick Corp * — Budd Company -* J)—— (E Sons & Burton-Dixie Products 15% 41 /2 Jan 20% Mar Jan 37% Mar 24 1,250 23% Mar Feb Monsanto Jan Inc 6.000 li3o 800 21 -4 Jan 23% Feb Mount 33% 2,100 22% Jan ■33% Mar Muter 16% 2,900 127 a Jan 17 Feb National Cash 41 % 400 38 Va Jan 427b Mar National 40% 1,100 30% Feb 1,300 21% Jan Hi National Lead 57 % 432 53 Jan 57 % Mar 26% 300 22% Jan 26% Mar New Jan 6734 Jan North 63% 3,800 60 . York 177-8 2,000 13% Jan 18% Feb Northern 19 % 300 147 a Jan 19% Feb Northern Illinois 200 25% Jan 377a Feb Northern 25 21 Vb 200 9% 42% 44% Jan 8% Mar 1,900 37% 1,400 Jan 25 Mar Jan Illinois Northern 11 Northern 45% Mar Northern 800 38 Va Jan 50% Jan 547 s 50% 300 44 Va Jan 53 46 46 % 90 90 Feb 80 Vb 83% 1,600 70% Jan 83% Mar 3774 37 74 38% 24% 25% 9% 12 Vb (Un> 46% Mar Oak 90 % Mar Ohio Edison Ohio Oil 44% 3,600 28 Jan 347b Mar 88 75 Vb Jan 90 Va Mar 1V4 Jan 12% Oklahoma Feb 19% 300 14% Jan 20% Mar Olin-Mathieson 24(4 Feb 237 a 24% 4.200 23% 74 V8 1,100 68 Va Jan 75(4 Mar 41% 300 40 % Jan 44 56 56 100 50% Jan Jan 400 62% Jan 83 74 Mar 287b 287b 28% 1,000 25% Jan 30% Feb 5974 60% 200 5674 Jan 62 Va Feb 92 88 92 400 85 Jan 94 V4 Feb 67b 7 6% 734 7% 774 500 19% 18% 1974 300 50 % 487b 50% x50% r * Feb 75 77b Jan Feb 16 Jan 20 1,400 46 Vb Jan 527b Mar Mar 1674 I6V1 50 15% Jan I6V2 49 51 16,100 41% Feb 51 72 75% 3,600 66 Vb Feb 75 % Mar 6,900 30 Va Jan 36 300 42% Jan 47% Mar 700 277b Jan 32 32 Jan 39% Mar 157 b Jan 25 Va Max- _10 337b 337b 34 5 47% 47 47% Jan Mar Feb Co— 5 317b 3074 31% 3.33 3874 37% 39 l 22% 20% 25% 36% 37 74 II 42 % 43 _7.50 327b 32% 3274 5 43 74 43 44 Va 1,500 100% 101% 200 — — 15 % Pan Natural American Feb Paramount 56 Feb Parke-Davis Gas Chemical Corp__». 3,700 ; :j± : Mar 1 42 V4 1,500 1474 Feb Parker Pen B„__ 2 29 % Feb 5 38% 1,300 35 Jan 40% Jan 1.58% 1,400 55 Jan 61 % Feb Peabody Coal Co__ Pennsylvania RR Peoples Gas Light & Coke_ Pepsi-Cola Co__.— 10 100 Jan 10 Vb Mar 34 2,600 25 Jan 34% 89 600 74 Jan 93 74 Mar 21% 22% 200 17% Jan 24 187a 21% 3,700 157 a Jan 2174 Mar Feb Mar Pfizer (Charles) Phelps Dodge Philco Corp Phillips Co (Un). Jan 59 Jan Public Service 52 Feb Pullman 48% 45 % 46 % 300 38% Jan 5 25% 24% 25% 1,750 23% Feb 26 5 75% 74% 757/8 1,800 71% Jan 35% 35% 100 26 200 23 % Jan 1,900 104 Va Feb (Un) 700 11% Jan 147 b Mar 100 62% Jan 75 Va 200 47% Jan 14% 74% ; 51 Mar 31 Jan 37 Max- Jan 55% Mar 1,200 18 Jan 237b 1,400 53 Vb Jan 60 V4 Mar Feb 14 V2 4,200 700 22% 20% 2274 597b 58 Va 5974 12% * 12% 5574 10 50 % 200 54 Feb Feb 46% 37 1 Indiana of 13% 55 • : Co 14 Vb Mar 25 Feb Jan 48 Vb Jan 557b Mar Feb 36 Feb 77% Mar 26% Co Feb Jan Jan 5274 y 81 44% 13% 327b 367b > 3 (The)_ 52% —1 33V3c (Un)—_____12.50 Feb Vb Mar Jan Jan 19% 497b '49% 33VaC (Un)_. Co Petroleum Potter Co & Corp 21% Jan 54 36 V* 300 14 V* 24 74% 14 25 102 % Mar 4,200 13% 23% _l__50 45 Va Mar Feb 17% 41% 66% Feb 90 4174 Jan Feb 40 700 * Jan 33% 32% Mar 100 23% 10 1 207b 8IV4 62% Mar 44 % Mar Jan * 197b 817b 100 86 % 200* 81 % 300 32% 36% 39 36 Vb Mar 207b 65 Va class 1,000 1,000 1 28% Co 26,000 I 1 Airways (Un) Co_— & 10074 —6.25 World Pictures 27% 100 7 Vb 6 y4 8174 647 a 54% 2 Vb Mar 400 8074 674 16% Owens-Illinois Glass Jan Jan 54% 800 174 81 • 10% 40 % 1 174 600 5 Co^ .• 600 72 % 20% Feb 1,500 33 Va • (Un). 11% 7% 51 48% 83% 1 Service Co Co 18% 34 Jan Feb 3174 -_i Manufacturing Co-i_ 58% 56 12% Mar 47% 1 Bancorporation 11 37 Va 25 % Mar Feb 88 __5 Co; Power 5774 65 % 28% 37% 58% Jan 4% 347b 5 Ry.. 58% Mar 84 407b 21% 327b — Gas Jan 42% Feb 150 Jan 200 48 (Un) Co_: Pacific 53% Feb 300 Feb 400 1,000 /■"" * Public Natural Northwest 9% 19 Vb Mar 35 Va 5 • Corp 200 Jan 51% Dodge Manufacturing Dow Chemical Co Kodak Eastman El 1 Manufacturing Elder 116% 27% 15 15 13% 13% 13 3 4 78 74 78 14% Elgin National Watch, —2 Electric Mfg Emerson Radio Emerson Brewing Tire Firestone Firstamerica Corp (Un) Corp First Motor — Bankshares Wisconsin Ford (Un)_ Rubber & Co Foremost Dairies Inc Fruehauf Trailer Co 28 30% 27% 4,800 13% 2:. Jan Feb Jan 4674 Max- 36 Jan Feb 30 Va Feb 117% Max- 30% 15 Jan Mar Pure Co Radio Revlon Transportation——2.50 Corp 2 General Box Corp •—1 General Candy Corp : 5 General Contract Finance— 2 American Rexall Drug Chem & 14% Feb Reynolds Metals 81 Mar Reynolds (R 11 Va Jan Brothers 15%, Mar Richman 7% Jan 10% Max- 300 Jan 900 34 Jan 40 Va 200 3,700 38% Feb St Louis Louis 34 700 27 Jan 34 Mar St 42 43 900 35 Jan 43 Max- 78(4 74% 78% 4,200 63% Jan 79 Mar 13% 13% 14% 1,000 12% Jan 147 b 24% 22% 24% 3,300 20 Jan 247b Mar Feb Dynamics Co General Foods General Mills Corp Inc * 3 : —— Tele Electronics >& Tire & Rubber Co—: Gossard iWHi Granite 34% 28% 29% 65 (Un) Greyhound Corp Oil "-ulf Gulf Co ——. Jan 367b Jan 46 Jan 317a 26% Jan 30 31% 11,300 33% 500 31% Mar 600 89% Jan Feb Mar Feb Mar €7% Mar 33% Mar Southern Pacific Co Sperry Rand Corp Spiegel Inc __—; Square Hertz D Co Oil of 200 21 Va Jan 26 3 4 Mar 1,100 36 Jan 44% Feb Standard 1,200 16 Jan 187 a Jan Standard 120 1,600 12% 183 107b Oil of Oil Jan 5474 Mar Stewart-Warner 58 Jan 61 % Mar Storkline Jan 22% Jan 127 b Max- 37% 15,600 33 Jan 38 % Mar 300 36 % Jan 3974 650 14 Jan 167b Jan 12 1 Brick Illinois Steel Interlake 12 Feb 65 63 % 7% & Tenn Gas 1,000 617-a Jan 68% Mar 5% Jan 77a Mar 1,000 8 Jan 10% Feb Textron 1,000 23 Jan 28% Feb 23% 27% ' Texaco Texas Thor Tool Power Jan 29% Mar 38% 32% Jan 39% 48 3,8001 40% Jan 487b Max- Transamerica • * Steamship Co International Harvester 30% 30 30 % 1.850 26% Jan 307b Mar Trav-ler Radio , 50'% 48 50% 3,000 427b Jan 527b Feb Tri 41 41% 400 34 Vb Jan 44 Feb 20th 65% Chemical——5 Feb Toledo Edison Co Continental Corp (Un)__ Century-Fox Film ; 5974 56% 59% 2,000 44% Jan 59% Mar Union Oil 22 22 300 20 Va Jan 23% Feb Union Pacific Power & Light Kennecott Copper Corp (Un) Monarch of 11% 11% 500 Jan 13 Mar United Aircraft 68 400 57 Jan 70 Mar United Air 46% 800 37% Jan 467b Max- United Corporation 45 Va 45 Va 200 39 Jan 45 Va Mar United Fruit United States 85% 82% 85 % 800 74% Jan 87 % Mar 92 91 92% 600 82% Jan 92% 6% 900 57b Jan Feb U 6% Mar U S S Rubber Steel Corp Lines Laclede Gas & Leath Co Co -33% 2% ^.4 common common ■ Libby McNeil & Libby Liggett & Myers Tobacco (Un) Printing Co common Ling-Temco Electronics Inc ; 2 500 29% 30 26% 30 * (Un) 26% Jan 27 b 25% Jan 30 24 150 1,000 Jan 2974 13% 92 j 1 Gypsum Jan 137b Mar Western Jan 93 74 Mar Westinghouse Jan 21 Feb 24% Jan 33 Jan Wieboldt Feb 107b Mar 10% 4 63 800 52% Marshall common * 65% 65 66% 300 55% Jan 73 Co * 36% 34 36% 1,300 29% Feb 37% Mar McCrory McKay Means $7 Field new Corp 50c Machine (F W) & convertible Mercx & Co. Co Co_- : — preferred— _ (Un)__ For footnotes, see page 46. * 16%' 63 % 17% * —j._* 62 "18 55 38 1,200 55 37% 186 1 •88 " 22 > 188 89% 100 50 >-600 Jan 13 Jan 55 Mar 37% 186 78% Fez 35 74 55 74 - 29% Jan 35 Vb Mar 53 Jan 57 v- 200 • • Feb 48'/a 51 Va 1,400 47 Vb Jan 517 b 4774 497b 3,100 46 Va Jan 51% Feb 4474 43% 45 Va 30,400 40% Jan 467a F^b 54 74 547b 200 54 V4 Mar 59 Feb 500 217b Feb 26% Mar 300 11 Va Jan 14 Vb Mar Jan 277b Feb Feb 307b Feb - 2574 24% 2 6 Va 141/4 13% 14% 26 Vb 26 Vb'' 300 25 27 V 2,350 27 874 8 Vb 47 - 25 - 18% 9 Vb 6,200 7 500 47 Mar 400 9V2 Mar Jan 47 Vb Feb 54 Feb 23 % Mar 237b Jan 26 % ,1,100 457b Feb 49 Feb 23 Jan 25% Jan 23% 25% 20 Vb Mar 1,600 21 26 26 46 % 45% 46 Vb 24 2374 24 100 Jan 63 % Mar Mar 187b Mar Wilson Union Co Electric Public (F W) Publishing 70 Jan Wrigley Jan Yates-Ameriean 188 Jan -89 74 Mar Mar (Wm) .Jr 83 900 800 - 1 Jan 1017/8 Mar 39% Feb 3074 30% 24% Jan 32 % Feb 22 22 100 19 y4 Jan 32 % Feb 3174 3174 300 27 Jan 32 Vb Mar 67b 674 700 4% Jan 7 Feb II 4074 4174 1,000 36% Jan 42 Vb Mar 5074 4iy4 5 3 74 600 41% Jan 53 Vb Mar 36% 367b 38% Mar 100 33% Jan 300 117% Jan 435^ 43% 43% 500 39 Tb Jan 44% 53 % 537b 54 Va 400 43 Jan 54% Mar 31% 31 317 b 2,700 27% Jan 32% 100 38% Feb 43% 500 35 Jan 43 % 12674 130 3974 397a 40 Va 40 % 774 237b 22 74 300 8 24% 7Va 100 130 8 Jan 17% 2,900- 107% 107 % Jan 103% Mar Feb Feb Feb Feb Mar 24 % Mar 113 % Jan Feb 47 Jan 53% 89 1,500 75% Jan 90 Mar 58 Va 55 Vb 58% 3,200 50 Feb 60 Jan 1 445^ Mar 4474 7074 11% 300 49 70% 10 1274. Jan 307b 100 Jan 49 57 Vb 5,100 Jan 72% Mar 9% Jan 127b Mar Radio 2% : n% 50 Va 4774 50 6.25 441/4 4374 47 307b 25 3174, 25 -I 45 V4 45 V4 44 V4 44% 32 Va 337b 400 29% Jan 33% Mar 70V4 707« 200 67' Jan 74 Feb 1374 2,600 15% Jan 25 — • Power __1____10 Service 10 Co (Un) Co & Corp__ 10 1 Co__; Machine Youngstown Sheet Zenith " 130 common (Un) 38 % Feb Inc Wisconsin World 5 5 Wisconsin Woolworth 1017b 53%, ; Telegraph Electric Corp— Stores & 100 4,800 5074 t Whirlpool Corp 1 (The) 59% Mar 1 18% Lytton's (Henry C) & Co Marquette Cement Mfg Martin Feb 8474 ; 10% 8 437b 537b Inc 81% - 29Vb Mar 88% Co Webeor 250 700 Jan 49 % 4 Oil Products—: Walgreen Feb 400 10% Feu 20% 2.50 Mar 4,500 97a Jan 30 "4 16% Feb 13% 3,800 22 V2 Jan - ______5 Match 20% 30% 5974 ' 1 —: (Un) Universal 93 29% Jan 27 51 Va » Co 12% 30 % 56 5 (Un)_ Corp 92 i_50c 517a Mar 20% 18,900 - 35 591/2 10 (Del) Co 20% 1 25 Lincoln 2% Jan 700 500 25 Inc Universal Kropp Forge Co_ '•> 10 45 V8 5% 29 Vb * RR 65% 1 48 / ? _io California— 11% * 1 , Co 27 Vb 62/3 (Un)—_ 68 5 (Un) Kimberly-Clark Corp Knapp 27% 1 Corp Co 45% 8.75 297b' 1 (Un) * Kansas 22 V4 297b ,_1 Corp Carbide 9% Jan 800- 517b 21% 2 Electric 5 50% 297b .___5 Union 10 Feb 45% 300 51% 2274 * , (Un) Union 33%c 45 Va Jan 100 • Co Corp Uniofx Bag-Camp Paper Corp___ (Un) Jan 38% Feb 683/b Mar Chemical Feb Jan 38% 600 277b Mar 35% Feb 37% Max- Co 31% 28 1,900 42%- 43% - •• 82 V4 Jan & 463» Mar 4,800 43% 43Va Feb! 2,900 30 4174 97b Mar 9V2 Mar Jan 38 % - Jan Jan Steel 29% 200 68 V, Jan Electric 30 437b 8 Va 700 " 100 31% & Laughlin Aluminum 1,000;-• 97 a 447b 75 Vb 33% Jones 9 Va 44 75% (Un) 200 Kaiser ' _ Jan 800 Jefferson 19 Va Mar Jan Jan 5,000 3.50 59 % Mar Jan 8 28% 33% ______J Feb 12 Va 1,600 / 217b 37 Co 54% 1,800 9 Va 2,400 65% Power 187a ': ! 9 2774 36% Interstate 5974 17 387b. 32% (Un)_—: 58 V4 1874 37V4 33 Tel 5974 Feb Jan Mar 2574 37 & 29: 27% • Tel 57 Va Jan 3874 (Un)—_——2.50 International Feb 50c Co 59% 58 Vb 26 Vb —_5 Paper 1 700 350: 5 Nickel —* 547b 25 Co International ._ Jan 28 Vb 29% 1 International (Un)—— 16 Jan 5 4 Vb 5 Mineral International Shoe Co Feb 22 Va 28% 1 International & Felx 147b 500 ' 297b _i Ramo-Wooldridge 37 200 1'.% 39 Vb 1574 28 25 46 % 850 Feb Jan 5474 5 (Un)_ —— 38% 29 9% 34% 500 ;■ ;' '> 25% Max- 2,000 200 9 7/a 37 157 b __ 277b 2.50 — Transmission 48 28% Corp Inc * 28% 97 b 37 1 : Inc Gas • 10 RR_ Co 97b _l common..... Transmission Thompson 26% 52 lo Company 13,900 10 : Jan Feb Mar 65 % 10% ) Sundstrand Corp , Sunray Mid-Continent Oil Co 9% 9% 48% 7 Furniture 7% 7 110 25 > Studebaker-Packard Corp Sunbeam Corp 4,100 1 Co Central Illinois 16 Vb 10 1 Huttig Sash & Door Inland 16 1 Corporation Hupp 16 12 (Ohio Packaging Stanray Corporation 20% 377 a 52 6.25 (Un) Co 43 37 3 J 27 b Mar 37% 507b (Un) Indiana N Feb Feb 42 Va Mar 5074 5 Standard 26% 1,000 Jan 55% (Un) Mar 39 21% Jan 337b * Inc Jan 61% 29 3,400 ' California—1 Feb 1% 1,150 42 Va 50c (Un)_. of Stand 3374 * Oil 13% 51% Industries Inc 347b Mar 33 39 V4 5 Brands 33% 61 Corp Howard 116% Mar 1 (Un) Standard 6Q0 21% Corp 51% Mar Jan 15 : Standard 3,900 491/4 Brewing Co )G) Hein Werner Jaxx 93 % 5 116% Mar Swift Heileman 41% 900 5174 1 Jan 16% 2,200 Co__ Southwestern Public Service 38% 2% __ Jan 1,000 4874 33 __1 Corp Socony Mobil Oil (Un)__u; Southern Co (Un) 36% 37% 53 Va Mar 44 % 51Va 116% 49% 51% 42 l1 ' Co Oil 16% Mar 18 —*■ Jan Mar 112 __ 1 % B Oil 81 Va Mar 56 xl2 125 3 ; Jan 2% —— Co__ Sinclair 200 21% 300 " - :: __l Pen Co class A_. Signode Steel Strapping 17% 8.33% Corp Utilities States Class Shell 15% 1 Jan 125 " (W A) Jan 2% 51% — 77'Vb 117 Feb 65 % Mar 1 Feb 43 % . —:. Feb 7% Mar 40% 200 -66 18% Mar 27 100 — 300" 5 Inc 26% * -3 4034 Jan 1.40 : 45% 40% class A 59 % 56 13 (Un) 69% i. 15,600 29 __ Jan 35% Max- 200 * „■ 75 % 1 * Drug Stores Lakes Chemical Corp Great Lakes Dredge & Dock-— Gray ""^riesedieck 200 45% 38% 50 1,300 61% 5 Feb 43% 18 Great Cooperage 5 Va Feb 39% Mar 6.25 1 City Steel Co— Greif Bros 81 (4 33 4,200 3 6 74 61 Va * Stockyards 61% 3,600 10,500 34% * Co 2% 15 111% 116% * . Jan 28% — Goodvear 70 Servel Sheaffer 43% 33% — 59 35 74 57%, 1 Corp Roebuck & Feb Jan 66 .2.50 Corp—!3.33% General Tire & Rubber 83%c Genesco Inc 1 Gillette <The) Co— 1 Glen Alden Corp ex distribution 1 Gen Utilities Public General Sears 8% 374 568 i 41% 66 __ Feb Jan 45% 29 29% ——1.66% General Motors Corp— 8674 Jan 8 200 6Ja 39% 41% 67% 5 3674 20 g — Co Paper Co— Electric Co_ Schering 78 % 10,200 18%' 80 1 —: General Electric Co . 6 °8 35 57 * Schenley Industries (Un)_ 200 8% 3 Va 18 — . Mar 5 Public Service class A___ Regis Sangamo 100 84 8 % 3 3 . General 84 Jan 69 __2.50 — Petroleum National St — 38 Feb 347b 437b Mar 40 Va (Un) Co J) Tobacco— Royal Dutch 35% 14% 84 Jan 57% 1 Jan 33% ,7 33% 600 * ^ Inc Jan 43 Bankshares General 2,800 69 35 10 (Un) (UnK Schwitzer Corp Gen 33% 357b 67% * 5 Corp of America Raytheon Company Republic Steel Corp 400 5 _5 (Un) (Un) 12 Va 200 40 < Company Oil Quaker Oats Co 53 1,000 97'a .10% 41% 43 % 10 ,1 — 117% 27% 43 % 1 1 * 2 —5 —5 2 Fairbanks Whitney Corp common Falstaff 112 (Un)—5 Phonograph & % 5 (Un)_: Co Natural Gas Paso 200 517 a 1 10 3 —7.50 Inc Lines Air Eastern 20 Inc USA Ltd Drewrys \ 137b Mar 83% Jan Mar iamond National Corp Setroit Edison Co (Un)__ ». Jan pfd_5 conv !__ Gas States (Minnesota) 43 % Mar 100 50 • Jan 11% RR Indiana 8% ' 31% Aviation.. 25 11% 19% 24% 16 700 4,000 * ' (Un) Central American 31% 15% 50c National Tile & Mfg 31% 43% — 400 1374 1 Co Co 17 43Vb 19%' __ Product Gypsum National Jan Feb Jan 3374 ,.—..500 Mar 17 11% * Register (Un) Mar 15% Max- 19 * Company 29 56% . 185 3 Vernon (The) Co 42 27% 8% 31% (Un). Distillers 2 12 Va Feb 13% — i 23% 52% f Chemical Motorola 16 Jan 10 Monroe Chemical Co __: 2% Mar 15% High 9VB 6% 19 % Modine Manufacturing Co 27% 26% 15% ■.—15 5 Ilium-;.— Co & Jan 16% 1,400 62 % * Columbia Gas System (Un) -10 Commonwealth Edison common 25 Consolidated Foods (Un) 1.33V3 Consolidated Natural Gas a 10 Consumers Power Co * Container Corp of America—^ 5 Continental Can Co— 10 Continental Insurance Co 5 Continental Motors Corp.^ 1 Controls Co of America— ——5 Corn Products Co 1 Crucible Steel Co of Amer; (Un)—12.50 Curtiss-Wright Corp (Un) 1 Deere 14 5,900 24% 7 _• Mfg (Un) River Fuel— Mississippi Jan Low 700 700 1174 67 b 32 1 & 2,400 10° Inc Min 16 10 : Co 16 —-1 com Minnesota Range Since Jan. 1 High 1 Utilities Brewing 37% — Fuel & Iron Corp Colorado 17 Va Food South Shares k * 20% 40% —— Iron Electric Co Coleman 74 % Mar 52% preferred Cleveland Jan -- 10 * : Products Corp 4%% 44 Jan 25 % 27% • 44%• City 17.100 ' —8.50 Co— Cleveland-Cliffs 71 Vb 41 % , 100 Pacific Ry Co-* Electric & Gas Minneapolis 383s —1 Corp"———_————-—■—25 Service Middle 4274 15% Chrysler Cities 41% Mar Jan 30% South Shore & So Bend—12.50 Cincinnati Jan 34% 22% Chicago series A preferred 35Va 1,050 67b for Week Range 10% 12.50 Montgomery Ward & Co 17 31 Va 25 97b 5% 600 40% 1% —— Chicago Rock Island & Feb 28 25% Mar 1,000 41% 23 % 23,2 1 * ——-——-1 Chesapeake & Ohio Ry (Un) —-25 Chicago Milw St Paul & Pacific——* Chicago & Northwestern Ry com * Corp Products 26% (U11) Sales Week's of Prices Low 4 147b - Champlin Oil & Refining, common $3 convertible preferred — Chemetron Mickelberry's 2.200 & Scott 36 Vb 30c —25 Corp 47% Mar 477b 62 % 8 of America (Un) * Centlivre Brewing Corp—— 50c Central & South West Corp——,_2.50 Certain-Teed Jan 25% 39% 24 Corp Celanese Inc 36 % Metropolitan Brick Meyer Blanke Co Feb 18 % 12.50 Export Gas Ltd Pacific (Un)_ Canadian Canadian Merritt Chapman 25% 40 l Corp 47% Mar Feb 251 b 4 • • ,4 :——_ »■ — T Burlington Industries (Un) Burroughs Corp (Un) Jan 23 200 427b 41- 4 40/2 Booth 40 25 —^ Par 2,500 47 457 b 46% 8 com___1 (Un) Corp Sale Price High Low High Low Last Range Since Jan. 1 Shares of Prices Par ■ STOCKS for Week Range Last Sale Price Friday Sales Week's Friday STOCKS 441/2 .33 70Vb 133^ ___* Co___ 5 Tube Va. 17% 600 200 ' 18% 120%. 40 Va /• 407b 50 Vb Mar Jan Feb 50 27 V4 400" 10274 104%;,, 118 - 3,900 r: 105% 105% 18 V2 104 1 13 Vb 23,400 ' 300 ---200- Jan 32% 20 Va Jan 25 497b "42% Mar "42.. 46 Vb Jan 12 Jan 100 96 Jan 1,200 17 Jan.. 1,800/. 88% Jan. -,--.400 ./97V4 Jan 115 Jan Feb Mar Feb Feb Feb 18% Mar 106% Mar - 1227b Mar Volume 193 Number 6039 . . The Commercial and Financial Chronicle . (1261) ' 1 OUT-OF-TOWN MARKETS Pacific Coast Stock Price Range Stocks listed exclusively This list does not include on STOCKS Sale Price -< Aeco • %. • •• • •' Corp Bishop BlacK Cement Oil Gas (Un)„ Friden 1,900 29% Jan 12 2,000 7% Jan 17,000 9c Feb Corp 1 Inc Holly M Co (Un) M Meier Frank Merchants Monolith Nordon Co Jan 14,000 29% 24% 3,600 1,900" 36 Va 23% 1,300 • .34 59 56% 60% 13% 13% 2.10 Pepsi-Cola Ranch Southern Jan 2.20 2.40 40c 40c V44c 22.300 1.95 1.75 2.00 8.200 Union Sugar Equipment 63% 200 35c 50c 34 15% 14% 15% 1.70 2.20 J4.800 com (Un)-4 27 y4 - __10 12 common.: 50 120,600 2,300 1 31 "31 13 March 12% 100 30% Jan 180 25 Jan 26 6,900 -.33VaC 2.55 2.05 _:___1 7 6 % 13% 12 Jan Utilities, Jan Tel 30% 31% 1,700 29% Jan 91 44 3 3% 900 2.80 Jan 3% 16% 16% 100 14% Jan 17% 33 l 27% 1.45 28 400 1.50 1.05 90% Mar 89,500 25 % 1.00 91 Jan Jan 6V4 6% 1,000 6 Jan 6% Food 35% 1,300 32 Jan 11c 36% Ford 12c 4,000 Week's General 8c Jan 14c (G 82.52 82.81 88.03 86.34 92.00 82.51 82.95 87.89 86.34 222.77 92.01 82.53 82.99 87.83 86.34 143.55 109.65 224.86 92.01 82.41 83.18 87.70 stocks, Merck 125.30 Light: stocks Shares Range Since Jan. 1 High Low for industry 95 23 Va Jan 26% New 1,161 76 Va Feb 85% 111 Va 114% 7,702 103 Va Jan 117 Va Jan 1% 13 166,644 32 Feb liV Feb Durable 43 Feb Non-Durable i 12% Jan 15 % Jan 8% Jan Transportation 9 % Feb 17% 1 8% 8% 15% 9 2,221 % • 14% 16 Va 1,821 13% Jan 98 94% 98 635 77% Jan 98 Mar 44% 41% 45 1,578 37% Jan 46 1,282 8% Jan 10% 100 9% Feb 10% 9% 10% 9% 9% 46 Va 45% 43% 27% 27 % 59% 61% 38 % - 28 61% 39% • 441 42 Jan I Goods 25% Jan 527 50% Jan 32% Jan 40 Jan 13% 14% 1,522 12% Jan 15 21% 46 13% % 21% 43% 32 Va 45 Finance 13% 1 120 17% Jan Jan and 33% 80 25% Jan 34% *New 50 11% Jan 13% wi 19% Jan 22% 22 22% 409 20 V4 37 33% 37% 87% 90 % Corp Feb 22% Tues: Mar. 37% Mar Wed. Mar. 15 90V4 Mar Thurs. Mar. 4 78 V2 Jan Fri. Mar. 17_ 26% 203 38 Va 5,953 28 Va Jan 32 % 32 % 512 27% Jan 30% 2,829 26% Jan 31% 14% 5 11V4 Jan 26 V2 Mar ♦ 14% 2,906 38% 90 32% Jan 10 36% Jan 45 61 % 4,975 51V4 Jan 61 % Mar 9% 11 Va 20,054 9'/4 Jan 11 Va Mar 20% 22% 1,963 17% Jan 22^4 39% 41% 1,464 33% Jan 41 % Mar International 14% 14% 172 15 Foreign 49 52 Va 10% 11 Co— Gas 51 % Light 10% 106 % • 58 1,166 =< • Feb 53% - 13% Jan 42% Jan 52 Va Mar 58 8% Jan 11% 85.% Jan 107% • 53 % 592 46 Jan 59% 1,253 27% Jan 35% 13.50 65 15% Jan 19 Va of • -.6%")'o S. - Railroad 342 47 % Jan 55% 146 68 Jan 82%. Jan 8V4 "263 7 Jan 8% Mar 63% 222 66% . „ —1977 79% — 37,574,000 67 74;. 52 % Jan S TOCK S 80 $2,000 . ' ' Continental . Par Jan 67% __ Commercial Co —_ High ZZZZIZZZZZZio Corp_ 26% 39% 42 24 77% -Jun .. 84 . Mar. 13 Mar. 44% 8% Jan 261/4 Mar 236 32% Jan 42% Mar 23% Jan 5% 5% 127 5% Feb ^9% .9% 400 8% Jan 27% 28 39% 39% $308,000 Bonds 14 $3,000 Bond Sales $3,000 $314,000 ' 2,513,670 Mar. 16.._ 208,000 213,000 Mar. 17——T__—.—— 3,000 2,000 231.000 5,000 3,000 2,906,560 135,000 26,000 2,000 3.249,060 Mar. 15 217,000 53,000 20,000 290,000 $1,099,000 $90,000 $30,000 $1,219,000 2,693,170 — — , Week Ended March 17 High Jan 23% 27% Corporate 14,06i;825 35 Va 265 Total Foreign Gov't Bonds 239,000 .... 163,000 Range Since Jan. 1 ./ 24% Bonds 2,689,365 r Fri. 517 - Domestic Jan Thurs. 9% M-il ZlZnZZLIZs.sb % 46 Foreign No. of Shares) Low 41% 20%: 41% For footnotes, see page 46. Shares 41V4 Dpquesne Light-Co___ Gas $317,932,500 Daily, Weekly and Yearly for Week of Prices 26 Va Duquesne Brewing Co of Pittsburgh__5 Equitable 301,392,000 $396,329,600 Transactions at the American Stock Exchange Feb Sales Low Steel_-_ . . . Week's Range Last Sale Price :■ 380,616,003 $25,338,000 63% Mar 53% Pittsburgh Stock Exchange U 24,404,000 $38,944,000 ; Wed. Friday 16.538Z500 Feb 78% 7% 62 $2,000 15,711,600 Feb 54 — 1960 166,639,585 $2,030 Industrial and Total Tues. • $934,000 — 1 Stocks Apollo Industries Inc_i. jBlp.w-Knox. Co y_22: Columbia Gas System 1961 253,202,662 Bank—___—____ — < debs. Jan. 1 to March 17 1960 12,948,301 ' Mon. Allegheny Ludlum 1S61 $1,370,000 Government Transit. Co— inc subord . 26,461,491 Shares BONDS Baltimore .——_ Feb 53 % 62% * 8,431,000 7,934,000 Feb 18% . 76 8 . 7,210,000 . Bonds— -U. Feb 34 Va 18% >_ 7,328,000 -V ;— Jan 611 ' '■ Mar 216 104% 107% 32 10c I common - .>2.50 5 ' Improvement Gas • —50 ; — • ._—• . $1,370,000 • Week Ended March 17 11% coin—. $37,574,000 Sales 226,000 • Stocks—Number 22% Ap Gas 7,708,000 ■ Mar 10 ^ 5,957,770 14% Mar 10 1 296,000 26,461,491 Co_ __— 303,000 257,000 8.135,000 38% Mar 41 59% Z' 7,025,000 6.953,000 5 620,190 Bond $8,041,000 . Feb 13% 60% 4,902,100 4.900.211 1 Total 38 Va Mar 41 ■ 14 16 Total U. S. 27% Mar 38 Va ' —. Bonds Int'l 32% Mar 29% 29% Govt Bonds $288,000 Feb Feb Bank Bonds $7,753,000 Jan 109% Foreign Bonds 5.081,220 29% Jan Railroad and Miscel. Mar. 13 77 Va 36% 36%. 50 — ":j Washington bi.O Mon. common ___ ._L 120.5 89.7 No. of 3 Corp 118.4 145.1 —0.5 Stocks 853 - '' • _T_. 34%' Mar 26% 3 ..Thomnson-Ramo-Wooldridge Unjleri 158.6 -i-0.1 88.0 Daily, Weekly and Yearly 429 105 % 106 % 25c Smith Kline & French Lab__. United —1.3 144.9 Transactions at the New York Stock Exchange Feb 596 —1 S011I Jersey Gas Co Vy Southeastern Public Service-; Oil 158.6 145.1* nZ'Z o?'. High. Feb 13% 34 Va — * ^ _____ Reading Co Sun !29.5 —1.2 —1.2 Service 46 % Mar 89% common Phileo Corn V —0.3 103.2 22% Mar 40% 30% ' • Inc.. Co —0.7 127.0 119.9 87.6 -i Feb 16,522 ' P-iner 123.3 126.6 156.6 Trade, 79% Mar 13% -t Low ^9.1 123.3 Shares - 1961— Mar 63% 10 - 29% Mar 1,864 10c Philadelphia Electric Co Philadelphia Transportation 1 High —0.8 61% Mar 1,361" 78 % 20c 6coi —1960 Change 129.1. Jan 2,440 Corp Co Percent Mar. 3,'61 102.0 Utility Jan 74 % 1 — Mfg 26 118.5 -- Goods Mining 9% Mar 77% 1.66% public Service Electric 6 Oct Mar — 6.75 Perfect Progress Jan „ 95.55 compared with the preceding week and with highs and lows 122.4 38% Mar Jan —10 Power 3 prices based on the closing prices of 300 common ending March 10, 1961, for the composite and by major week Manufacturing Jan 35% 3 Electric 109.39 Low 1957-59—100 34 —* Potomac High 128.1 576 2 Inc Mar 17 Jan Mar. 10,'61 548 Pennsylvania Gas & Water___ Pennsylvania Power & Light Pennsylvania RR Peoples Drug Stores Inc___ Photo to date 125.30 106.57 Range for 1960 Composite 1,290 1 Chemicals 1961 High stock Feb 5 common Pennsalt " Low Jan 82 % the of groups 14 % A 5.234; rthe current year. fo High 25% index 38 % common. 86.33 Rails, 3.28; SEC Index of Stock Prices SEC 41% _20c com_ Industrials, Range for 124.93 March 17___ 13% 1 Linotype divisors: Closing March 16— 40 Co Battery Co /y, following the 124.73 37 % 5 changed to Vending Co class Mergenthaler using March 15 Fri. The 80 % 112% 1.80 Mairiopn Fund Inc Martin (The) Co new by 124.33 13% ; 40 86.27 17.28. Name Macke daily 124.40 38% Resistance B) 92.01 222.41 109.21 March 13 41 Va Lehigh Coal & Navigation Macke 222.96 109.01 March 14 • Co International 108.64 142.09 compiled 65 12 Corp 87.87 Mar 25% ■ 82 25 Motors 82.62 -670.38 are 4.33 Acceptance Corp 82.60 142.33 Thurs. for Week of Prices Low 33 V3 Dairies General 92.00 142.67 Wed. Sales Range >_ 1 Stores Motor Foremost 222.77 Total Bond* Feb 11c 10 Light Fair ties 662.88 Date Jan 34% Last Co Storage Rails 661.08 Mon. 1.50 Mar 6% 35 Va 10c Company Duqtiesiie Rails 108.38 Tues. Jan 5 Aruniiel,. Corporation Electric trials Fpb ■10; class A Utili¬ Stocks ' 664.44 __ Feb Tel Publishing Grade 143.00 __ Jan Co Transit System Delaware Power & 10 Grade 663.56 31% Mar 90% 3 % Exploration D C Second Indus¬ 65 v (35 Stocks)' 30% City Electric Baldwin-Lima-Hamilton Baltimore Transit Co Curtis 10 First Total Compiled by National Quotation Bureau, Inc. 90% common Jan —Bonds— 10 15 20 Jan A__25 Atlantic Campbell Soup Chrysler Corp 26 Va Mar 50 Va \% 19% • 1% Buod Jan Feb 18% Mar ___100 common & 22% 40% ties 1.80 Mar Par American 293 1,375 Jan 10 Steel 25% "47 V4 7% Mar Jan 28 Jan 25% 433/8 Over-the-Counter Industrial Stock Averages 2.60 Mar Jan 1.25 5 1V4 25 %■. v 15% 6 600 _l 19% Mar Feb 44 Va __10 .6.25 11% Mar 2,600 50c 7,% Mar Jan 11,000 19 series Feb 283/a Mar 33%. Mar Jan, 16 90c 10,700 1.80 Insurance (Un) Stores 1,220 7 Va , 1.60 _. 5 55 1 Va 13% 18% Sale Price Wood 117 18% 1 Jan Jan Jan 19 Friday American 7 % 8 18% 69% Mar Philadelphia-Baltimore Stock Exchange Alan 27 Va roads __ 8.53; 9% Mar 1.60 ____1 STOCKS 22% 80 trials __ Averages Feb 32% 26 9% Co Oil 261 Mar 1 pfd 79% 331 1.50 Mar 26 1.50 Jan 77% 283a 4 ' Feb 52c 8% 300 5% Mar 18% Mar Utili¬ __ 16— 9% 2.60 10__—_ 15__ 27% Jan 6% Jan 33% 67 ) Jan 14% Rail¬ . March Feb Mar ___2 . , 4 V» 266 2.20 Mar Jan 1.05 Date 15% Mar Mar 20c ' __25 (Un) Basin 12 12 40c 1.20 6% Feb 2.445 Indus- >; 41% Mar Jan 35c 39c % 26 3 33 -5 - 10 14 14% Mar Jan 1.15 1 33% ——Stocks March 50c Jan 27. 76 33% ___1 30 March 63 Va Jan 40 27% Jan daily closing averages of representative stocks and bonds listed York Stock Exchange as compiled by Dow-Jones & Co. the New on March Jan 32% ,1.10 " " Mar 29% 18% a Mar 2.00 Mar 25c 500 1.80 57c Jan. 48% 100 10 common Life ' ; Feb 42 the are 1.60 Mar Feb 1.20 139,100 34 li25c Co_. Petroleum Coast 62% * Co_ Victor Preferred 63 45c -210c Jan 38c 56 Jan 10 5"a 27% . —_1 ._ Jan 37 Stock and Bond Averages Below Feb :+ Co Corp of America 5 161 77% 5 Chemical Feb Feb Bottlers- Gas & Bolt 48 160 - Feb 1.60 __10c __1U Engineering & Foundry Co. Jan 2.20 1.90 Co Co & Glass & 33 Va 5 18% —5 Westinghouse Air Brake Westinghouse Elec Corp Mar 14% 86,100 Stecher-Traung Litho pfd (Un) Oil ,65 Jan 2.05 Mar 2.25 — Gas 40% Feb .2.00 ,25c Oil Cal S 33 Va High 258 ' -__1 Corp 42 Low 55% 40 42 1 common— High 53% ♦ __10 Feb 2.15 Inc Gas Oil ' 200 Western & Screw United U 36% Mar 221,200 ^ United Oil Rhodes 37 Jan (Un)_i50c Develop Plymouth Low .7% Fuel 24% Mar 65c Par ■ — 26 % Mar . Jan 8% ■ £. Range Since Jan. 1 Mar 34 j * Shares 6 % Mar 18 400 for Week of Prices 2.40 Mar 1.C0 (Un)___ Invest 27 Va Mar , 1,700 2.10 -. 10,300 13% 1 o__l preferred Williston 17% 28% 28 * 31 . 2.15 Co Reserve West 24% Jan 86c : Cement Industries Westates Jan 2.05 ____a Pacific Oil & Gas Trico Jan 1.75 20% 2.15 Inc (Un) American 5VzV" 4% 700 ____l Co (Un)___ Portland Oil Pacific 5,100 11,600 1.40 Corp Ltd Norris 31 1 Corp Petroleum Preferred North Co 3.00 Mfer 6 Va 28 % _j.10c „ Oil 37% Mar Jan 2.40 Co—-ixi-lO1 M Feb 1.55 4% 24 % Jan ' • . Refractories Co Rockwell-Standard Corp Mar 12c 31% 3,500 28% California__l California 12 3% Mar 2.00 4 Walker (Joseph) Supply Pittsburgh Brewing Co Pittsburgh Forgings Co Pittsburgh Plate Glass 32 % Mar :? Feb 6% ^2.10 Corp Navigation & 25% 3 198,400 ' :_50c & Matson 26% « i Co_,__ Co—: Salt Rice 3.00 1 Corp of 7,100 37% 1.75 _5.50 Oil J 36 3.00 Corp_ Idaho Maryland Mines Imperial Western Jade 37 % c Co 3% 2.40 Oil Fields Products 3% • ._!■ Co____ Capwell Oil Leslie 3% 32 __5 Oil_:_l____ Products Humor Jan 10c General Exploration Co of Good Jan 24 9c Inc Gladden 60c Jan 31 % 7;50 Emporium Feb 21% 10% Dole Electrical 47c 650 12 Ink Co__i Corp Dominguez High 126,100 32 Stores Abbey Low 60c 23% 23% 10c •___ Crestmont Consolidated Cypress Range Since Jan. 1 High 50c 23% Shares 10 Oil & 58c pfd (Un)___25 , , Mountain Consolidated Min^__oc Broadway-Hale California Ltd Co___^_-___ Chica Buttes Corp Factors Mammoth Bolsa Low ioc American American for Week of Prices Par ; Harbison Sale Price .. . . , on Sales Range Last . Home Week's Sales Range Last " Exchange approximately 500 issues dually traded Exchanges. Friday Week 's Friday STOCKS Stock other •••••• (Range for Week Ended March 1 7) Exchange the Pacific Coast on 41 Feb 24% Mar .. . . Stocks—Number ,■ Bonds—1 Domestic 5% Mar Foreign 9% Mar Foreign -570 25% Jan 29% 37% Jan 40% Feb " of Shares • Jan. 1 to March 17 1960 14,061,825 1960 100,412,990 $372,000 58,377,522 $11,669,000 4,328,100 $1,099,000 1961 $6,818,000 900,000 -30s",000 - a .1 V government— .corporate- ... 90,000 1,000 30.000 27,000 434.000 240 000 $1,219,000 $400,000 $13,003,000 $7,363,000 < * ,. Feb 25 ; . 1961 42 (1262) The Commercial and Financial Chronicle CANADIAN MARKETS Shown Are Expressed Friday STOCKS Paper preferred Acadia Atlantic Class Albert common common Co I _• Ltd pfd Bailey Corp Bank Ltd 5% Nova Class 5% ft A preferred Chemical pfd class Steamship common common 4,850 59% Jan 63% Mar Loeb Lower Jan 59% )»• i 41 Jan 29 580 29 Mar British Alumin Bronze 1.05 133,105 Jan 48% 52% Feb Jan 7% a78 520 a78 3.80 29% 5 77% Jan Jan 4.35 Mar Jan 34% Mar 78% Jan 92 Jan 42 50 42 42% 825 40% Jan a53 a53 10 50 Jan 53 Steel Steel Oshawa 46% Jan 49 Feb ll'A 1,225 40 1.45 Mar 9% 1.60 Mar Jan 11 % Mar a__ a 14% 14% 400 12% Jan a7 a7 40 7% Feb 35% 35 35% 210 28% 27% 29 , m 29 27 20% 49% 10% 26% 33 14% Mar 8% Feb Jan 35% Mar 8,378 29 23% Jan 29 Mar Mar 2,045 25% Jan 29 26% 27 405 25% Jan 20% 20% 27% 18% Jan 48% 49% 21% 39% 12 Va Jan 49 '/a Mar al2% al2% 100 Jan 24'A 61% 25 12% 315 19% Jan 25 63% 4,065 58% Jan 49'A 65 49"% 10,785 43% Jan 10% 50'A Mar 390 10 Feb 11 100 17% Jan 20 Mar 2,275 21% Feb 24% Jan 32 Jan 33 Jan Feb 20 20 24% 32 32% 7 7% 1,060 6% Jan 3.75 3.70 3.75 250 2.00 Jan 11 10% 3.75 11 Feb 625 10'/a Jan 11 'A 7% 550 • com Canadian Marconi Canadian Oil Co common __ Canadian Vickers Canadian Western Cockshutt Gas 4% Farm (BJ) Columbia Cellulose Co Combined Enterprises 7% Mar Royal Jan 8% Jan 7'A Mar St 3.25 Mar St 200 15 15% 1.65 10 Jan Feb 11% Feb Paper Bank Zellerbach A class of Dominion 790 14 Jan 15% Mar Ltd Corsets Dominion Dairies 665 6% a4.85 a4.90 200 4.85 Jan 28% 5% Mar 29% 1,823 23% Jan 29% Mar Sicard 12,171 21% Jan 23% Mar Simon Simpsons Jan Jan 100 14% 40 6 '/a Mar . 7% Feb Feb Jan Shawinlgan Class common Series A 4ft' Series B 4 % ft/ Dominion Tar & Chemical Dominion Textile ; preferred Donohue Bros Ltd 5,416 Jan 10% 1,085 15 Jan 20 Mar 15 Sogemines 100 15 Mar 15 Mar Southam Jan 37% 420 10% Jan 12 Jan 46 4,152 40 Feb 46 Mar 17 16-/8 17 3,0,8 15% Jan 17% Jan 50 50 50% I,422 47 Jan 52% Feb 138 138 30 137 19% 19 19%. .775 19 __ *'io 10 100 12 12% 5,475 12% 7.25 >• Dow Du Brewery Pont 54% 14% 695 3.50 3.50 425 5 5% 13 3.00 225 3.90 Mar 22 22% 1,062 • 18% Steel 14% 14% 860 11% Jan 105 105 Jan 10 Jan Mar 24% Mar 22% Mar Canada Freres class Dupuis Feb Trans Corp Players Famous Fleetwood Ford 105 Mar Triad 105 101 Jan 150 60 Jan 62 Feb 19% Jan 21 Jan Viau Foundation Fraser Cos French of Ltd class & Co Canada E) General Steel Paper pfd Co Handy Andy Co pfd inc 1927 ; Home & class For 40 3.25 Jan 16% Jan Jan 10'/a Mar 12% 45% Jan 51 100 Knapp (Geol fojotnotes, see page 46. 3.45 Mar Mar Jan 8'A 9,891 Jan 9 Feb 2.50 200 V: — 2.40 __ 48 6% 1.50 Jan - Jan 2.75 Feb 110 45 Mar 427 37 Jan 40% * 18 17% 18 1,675 17 Jan 18'A Feb 16'A 16 16% 900 14% Jan 16% Feb —.—___—— 11% ll'A 250 11% Mar 12'A 6'/8 7% 13,520 4.60 Jan 58% 59 275 39% Jan 72 Feb : , * , 7'A * — ——___10 class 76% —__* 10% A 73'A - Power Class 100% ____* common-* 49 Mar Feb 128 68 Jan 75 125 13% Jan 225 10'A Jan 12 460 63'/a Feb 69% 14% Jan Jan 12% Mar 17% 111,674 11% 12% 16,667 al38 al38 10 19% 20 650 17% Jan 21 45 340 45 Jan 46'A 20% 20% 20'% 1,184 6% 280 27% 27% 35,972 375 99% Jan 11% Jan y a 6 1 Jan 20% Mar 7 Jan Jan Ana con Lead Anglo-Can Pulp Anglo-Nfld 220 Atlas 69'A Jan Sulphur & 77 Mar Atlas Telefilms 10 Jan 13% Mar Jan 25 Jan 4.00 Feb 23% Jan 7 Feb 86 86 86 15 85 Feb 86 Mar 34 33'A 34% 3,890 28 Jan 34% Mar 18% 18% 18% 210 17 Feb 18% Mar 26 25'A 26% 329 21 Jan 29 a55 a55 10 a— 9'A 10% 1,225 Jan 10% Mar 67% Jan 77% Mar — 10 —* 2,650 3.25 19 18% 19% 1,275 15'/a 37% 38% 1,720 37 Jan 100 Feb 39% Jan 102 Bellechasse 43% Jan 88% 88% 44% Mar 88% 20 43 88'/a Mar 43 88% Mar 43 25 43 Mar 43 Mar Feb 47% 47% 1,075 42 Va Jan 49 12% 13% 4,275 11% Jan 3.75 3.75 13% Mar 200 10% alO 2 2,616 10 10% 1,550 4.40 3.70 4.40 2,810 42% 41 % 42% 2,810 40% 40'/2 100 Feb 76 76% 4,671 24% 25% 9,783 19"% Jan 60% 63% 232 59 Jan 63% Mar 10 60 59 60% 1,396 58 Feb 64 5.50 5.60 8,595 5.00 Feb 5.80 Mar 23'A 24% 16,555 19% Jan 2.40 24%' Mar. 1.75 Jan _> r. ~ — * 24'A 2.75 ____* & Worts "A" 2.80 10,500 5% 6'A 2,300 14% 14% 200 — * 43% 46 2.60 2.40 2.60 51 49'A 52Va 41'A 42 70 42 Feb 2.80 Mar 8%' Jan Jan 14'A Mar 38% 255 — * 25% Mar 13 1,060 51%, * —— 5% Mar 4,750 46 ____* _— V" 5,495 1 Ltd 45% Shown Are Jan 46 2.40 Mar Mar 2.80 Jan 40. Jan 51 41% Jan 52 Va Mar 35 • Jan '42 Mar "r Paper Mills Iron Co Ltd 14 7.60 7.40 3.15 35 40 Bay 4.00 Jan Bluewater Bouzan & Brunswick Jan Burht Feb Jan 10% Feb 4.40 Mar 42 Jan Gas Common Jan 4c Jan 3c Jan 5c Feb 4c 4c 4%c 5,500 3%c Jan 5c Jan Jan 8'A F°b 50c 6,800 45c Jan 60c Feb 35c 13,388 31c Feb 37c Feb a8c a8c 100 6c Feb 6'Ac Feb 8% Feb — 8% 815 7'A Jan 7.650 4.95 Jan ^________1 Co 9c — 1 1 1 Ltd .Ltd_— * Ltd — 4c 10c 36,000 5c Jan 15c Mar 45c 1,000 40C Feb 49c Mar '',.5,000 17c Feb 2pc Jan 4c 4c 2,500 3c< 7'A 6'A 7% 1,035 6% Max- 70c 75c 1.250 32c Ltd— ^__3 32c 70c 500 Jan 5c Feb 7% Mar Mar 75c Mar Mar 15c Jan 33c 15 16% 7.911, 13c Mar 19c Jan 3%c 3'Ac 1.500 3'AC Jan 5c Jan 50c 50c 6.000 45c Jan 50c' .2.90 " 2.90 1,200 7c 8,003 16% :___1 1 Resources 9c 18c 18%c . * _____1 & Smelt Corp Ltd_l Tungsten Mines Ltd_____l & .— 8.75 Mar 45c 45c 70c 1 : . Jan 50c 33 %c 34c 8.75 Refining Corp Corp :___ Collieries 2%c 4,000 Jan 44% 8'A & Vinegars Canadian 6% 1,000 4c Feb 46'Ac 7.70 Calgary & Edmonton Corp Ltd Canada 6,346 3c 8c Feb 8'A Mining Hills 8 1 3c .' 37'A 8.75 "A" A—; Oil 25 Jan Feb 1 Ltd Mining Mining Corp Ltd Mines 11% Feb Mining Copper 15 42% Mar Gas Warrants Bornite 39% 4'Ac v 40C __5 & Belle-Chibougamau Mines Ltd Bonnets Raceway Inc_ Jan Jan Co Oil High 1,000 4c -.AS 1 Low 7,750 44c 7% 7% :—1 Blue Feb Jan — Placer 18% Mar , 1_ Range Since Jan. 1 5%c 39% * Ltd___ Shares High 5c — 1 Ltd Dollars Sales 44c 44c Ltd—* ian for Week of Prices — .i„__.-_20c Cana Range Low * : In Week's Last Ltd Mines 'Bonnyville Oil Jan Jan Expressed Friday * Telephone Beauce Feb 42% 13% Avalon Jan 40 108 11% Feb 25 ; Exploration Jan 800 a44 3.00 Augustus Bateman 41% alO 8'A Jan 76'A Ltd Aumaque Gold Feb 40 11% Mines Bailey Selburn a43 % 11% 40'A 63% __ Jan 37% 350 240 1 Jan 3.70 17 46% 6 — 22% 3.50 17 42 % 55 1,090 Development Co. Ltd__ 5 Mining Corp Ltd______—__1 77 17 Jan 45% Mar Feb 7 * — & 76 47% Jan 41 ; Mines Ltd Arno 30 Feb 30% ——* Explorations Anthonian 102 28 % Jan Par Alscope Feb 41 'A Jan 29 Sale Price Jan Feb 101% 27 88 30 Mar 14% 46% Mar 12 7,070 15,483 ' 18 41 . 19% 12,435 287/8 30% 27% r ll'A Mar 6'A * Bank . 28% Mar 13% 190 46'A STOCKS Jan 24% 11% 7 a ___ 20 Va Jan Jan 12 Jan 11% Canadian Stock Exchange Jan 23% 23% Mar 100% 33,897 100 Prices 9% 3.60 Jan 18 41 Power Feb 17% 24'A 18% 15% * Mar 21% 77 10'A Jan Jan 12% Mar 10 common 100 13 V\ Mar ll'A Mar 20 23% — •, 17 Va Mar 10 16'A 12 Vt 19% 77 Jan V 100% 100% 30% pfd 14% Mar 67"% Mar Jan 20 50 Jan 7% Mar 59 ^—* (Canada) Limited 6.00 II,980 1,750 28% * 6,920 11%. 12% 17 50 B Zellers 77 8.60 a20% a20% — ;12% _* 23'A 22% common 5% class 1,340 50 Feb 49 Mar 73'A * common Feb Jan Jan 72% 20c Pittfield 56 2.40 40% 100 Mar 99'A Mar & 2,175 * Jan 50 377 4,544f 8 8% * 18% * Paper preferred 2.95 Mar 15'/a 14% 14% all% all% 66% 68 72% 100 A Howard Smith $2.00 70 820 • — Mar 46 * 11% • 18 82 — Gooderham Weston Mar 1,652 1 : Jan 48 Corp 27% 50 14 Jan Pipeline ll'A * Farms International Renfrew B 21 51 14% • 50 >r; , 39% — 18'A 100 Ltd Warrants Oil Jan 100 1% 5% Hardee Class Webb 16% 190 17% 100 : Wares Goodyear Tire 5% Home 37% Mar 12,895 3.00 50 100 Motors General Holt Jan 21 3.00 99'A all% • preferred General Dynamics Lakes 31% 19% 50 1 common 5ft Great 8,455 100 * Jan 45 A . Steel al6% al6% al0% alO% .TO Feb 33 Jan Oils 37% • _ preferred (Chas Gatineau Power • 26% Jan - 38% Ltd • common Petroleum Frosst 37% 5 Co Feb Jan 30 45 Ltd Walker 3.00 1 Corp 7.80 24 39 Canada 1 Canadian Co 7.25 Mar Feb , 81 100 preferred Canada United 425 6 Corp Motor 13 35 1 common- Sons Canada 61 * Electrolux Jan 125 Structural Steel Rights 15 45 A 10 Ya 82 50 Toronto-Dominion 21 20% • Mar 45% * of Steinbergs Texaco 20 % 37% 100 common 10 82 :—_— Co 60% • & 6% Standard Feb 5% Mar Jan 14% — Feb 3.60 Jan 22% Feb 14% Jan 8% • of Feb Jan 30 '55 54% Jan 21 2,735 •v al7% al7% __ 138. Mar' 7% 640 25% 32'A Jan Feb 45% —__— & Canada 20 Va 3% ____ 7.50 24% 32'A : 3.20 Co 7'/8 210 • _'_ 33% 5,825 "Feb 50 : 20 16,597 common common ' 7ft 68 11% 48% pfd 15 10 •" Jan 37'A 3.20 pfd 19% 24% * Jan 58 257 47% — 10 Va 9% 10 -Feb 15 Va Mar —* common Water 9% 23 % * 7ft preferred Dominion Steel & Coal Dominion Stores Ltd Feb 13% Jan 1,055 61 '__ pfd__ A 23"% 9% 100 42 % 28% 45 ; (H) 10% 37 24l/8 com _. Dominion Glass 27 Feb . 61 100 22Va • Dominion Foundries & Steel Preferred Feb 41 47% common Inc • common 24% 500 Jan a__ 11% ---25 Warrants 2,205 • 25 730 42 ___* ,i common A Corp 40 13% • preferred 27 41% al4% al478 — Dominion Coal 6ft Jan a__ 36% 1 : ; Canada Co Southern 2 24% 7.50 preferred 13% —< Seagrams Dominion Bridge ___■_. 2,830 11% ; — Co Lawrence 5ft 6% • Distillers 10% 25 28 45% * Salada-Shirriff-Horsey —• class Jan Mar 37% ___• JC.L£,r_. Cement 12% — • 9% 165 Feb 14% Mar 107 a6 " _____* common Ltd Lawrence 39% — Coronation Credit Corp Ltd Credit Foncier Franco Canadian Crown Cork & Seal Co if. — 19% • Feb 26% .27 -42 al47/8 * Preferred \L. 7% 2,625 • Smelting Jan Mar * Royalite Oil 4% 3.25 _ Consolidated Mining & Consumers Glass 10'A 100 Feb 86 19 ♦ : 5ft (Canada) (AV) Rolland 125 • Ltd 18 % Jan. * —_.—u; Roe 10,000 10% • Coghlin Jan Mar 17'A 100 10 pfd_20 35% Mai- 27% ' 20c Ltd 12 * Canada. 23"% • Nat 9% 15% 86 ■ Jan Jan 31 a6 27% ^__5 ___i_ ; (James) 29 10 9% * "A" a4.90 • ' 25 525 Ores Co. Canada — 1 Companies 79,857 107 25 Robertson 8 * Canadian Pacific Railway* Canadian Petrofina Ltd preferred 14% * : A_ Power Class 7'A 3.25 13% 50 Locomotive 12% ' 105% ___* preferred — Preferred Canadian 14 106 1 Transport Reitman's 8 10% 15 • 1,195 A —— 6% Quebec, 6% 10% • 50 19 8% Feb Feb — common 9,815 86 common class Natural iGas? Warrants Jan — - 3.25 Hydrocarbons 17% common Quebec Mar 23% • Industries Mar 86 preferred Provincial Jan 10% Jan > 32 1 Feb <■;■■ Feb 473 4ft of & Mar 8 18% Power common Iron 18 Feb 167/8 Tubes Corp 34% Jan 7 * —1 Bros Jan 16 100 19 * Feb 2,575 24% Warrants Power Price 31 310 17 .__ class Development Premium 3,063 18 7'A 875 * <te "Warrants Placer 34% * A Products Ltd 70% Mar 8,295 Petroleums Page-Hersey 70% Mar 12 . Penmans 100 35% ;1 Wholesale 11 Jan 70% 10 100 Ontario Feb al9% al9% Feb 12 33 preferred Jan 39 Pacific 48 % Mar 65% Feb ll'A Corp Mills 13% 49% Canadian Scotia Light Jan 3,977 Jan v„n 35 %i 100 Jan 10% Ltd* River Jan 330 * pfd Jan .Feb • i» uu * Ltd Jan 11 A_50c 18 ;Lf.i Car Mines 12 .. • 33 7'A comipon National Noranda 34'/a 1.60 34% Feb 46 Va Mar __ ._J 1,625 • Canadian Trust 4,533 63% Husky Montreal 13% 1.45 67 Va Mar Jan 34% 40 3«% 1.55 Jan 31 ___* ._. 12% 595 57% 1,035 70% _10 Ltd 37% 48% 5,300 33% ' 70% common 38 47% 66% 65 11% Locomotive Flour 22 % 11% Preferred 7ft Jan 11% 'Class B Ogllvie 21% 33% cum class Jan Feb 25 - 40% Powell Montreal Nova 17% Mar ' > preferred ___10 5% Mar Mar 94. a227% a22'% * Co 53 Feb Jan 52% 90 425 1,500 B & Jan 15 17% 5 & Breweries 25%'Mar 4.210 Tel 13% 25 class Class % Jan oo Power Ltd & 51 % Mar 19 91 .y 17 3 6% Mar Jan 48% 42 % Mar 20 47% V 93 100 Bloedel (Robti Morgan Feb 90 — >■200 14% Mar 43 3,430 ■' 46% preferred Molson .' 49% Mar Jan 47% • International Power 48 715 a92'A a92% 53 93 ,52% . 42 % Mar Jail bovs __■ ' 50 24% Ltdi_____ 5%ft Feb Jan 49% ■ ,.■■560 Jan Jan 46% * Massey-Ferguson 1.05 Mar 50 — Canadian Mar Mar 7% 5,468 al2% B Canadian 50 Mitchell 5,645 ___—. Morse Tel 50% 49% 25% Mar 5% 43% _' Corp Maritime 47% 4.35 > Fairbanks 96c MacMillan Mailman 185 34% • ___ Co 47% Mar Feb 300 3.95 51% - Feb 14 20% Mar 12% .' bo ___ Lawrence Jan 1,592 33% 50 37% 10J 47'A Ltd St Jan 7% 49% — series 42% 51% 4.05 3,725 6% 5 ■_ 34% 47% 34 ya 13% , Jan Mar 20 ___25 ^___ Ltd. (Ml 10% 275 Corp—44% (John) Bros 2,030 > 32% Lines 6ft Secord Lewis 45 7% • 10 common Jan 51% • 52% Feb 47% common Chemical 38% 14,872 7% • Electronics Laura 73% Mar Jan 12.50 Canadian Celanese common Crown 63 54% 10 Canadian Bank of Commerce Canadian Breweries common Class 61 66% • 5ft preferred Canadian Aviation Labatt'Ltd Jan .Feb 75% 32% ___: Pipe Iroquois Glass Ltd Jan 25% ,' 51% _;___* ___7.60 _______ preferred 19'/a 940 20 Foundries $2 23 99c common Utilities 4 Jan 1,300 • preferred Into/national • Jan 1,024 • common • Paper 19 48% 7,373 49% Mar 66% 14 13% Jan 25 6% _____50 International Johns-Manville 59 • common - 21% 47% Corp preferred' 24% Mar Jan 42 25 Products Cement 50 < 42% High 45 20% 40% - $4.50 preferred 100 •"' 93 Inland Cement prelerred ___ir.______10 -'.Tnt'l Bronze Powders 6% pfd __.L_25 Y.* " International Nickel of Canada ' 66 135 ■ 13% 25% Interprovincial 73% 10 A $2.75 > ; 21% 48% 41% ; 3,542 72 w_»^__4.68% *•••';• Acceptance JMar 28%~Jan 41% 1 Ltd al9 * common_5 ____ 49% 13% — Warrants. 50 58% • Ltd Indus - 38% Mar Jan 71% 25 Canada (1959) Ltd Power Warrants Jan 48 41% ________________________ Canadian 33 10 58 Ye —.— $1.75 53 % Mar 2,135 73% • Company ; Mar 62% 50 Telephone Canadian Jan 44 18% Ltd preferred Y 21% —50 Power Canadian 52% Jan 22 50 Columbia Canadian Jan Feb 50% 25% Mar 100 Columbia Iron 51% 40 45 a _120 Low 20% 13% " : Range Since Jan. 1 High 72 — — 70 4,170 50 Products '; Mar 43 2,439 100 British $1.30 50 25% 50 British Canada 52% Oil A ; . Shares 48% -. 27% £1 Forest Canada Jan 25 50 __ Columbia Canada 47. 1.01 preferred British Calgary Jan 29 preferred Building 45 26% • preferred ; 4% ft preferred Mills 1,125 • 5ft Bruck 45% Jan 38 • preferred 4% ft preferred Bond Jan 22% Feb 25% 25 Paper Brockville? 35% Feb 32% 10 4% Brooke Jan 21% 6ft 7% Mar 10 (Canada) Paper class Light & Power British American Oil common —, British Columbia Electric— Brown 31% 420 43 25 _—.—— Rights 11,390 Imperial • Low 10 Imperial Tobacco of Canada , Feb a49% a49% 10 , Bowaters Mersey 5%% Brazilian Traction 5%ft 3,725 35% 21% 20% a52% a52% 36% 38% 25 — Corp 5ft preferred Powater 37% 27 __________—. Bowater 37 52'% 38% —• Telephone Rights Feb 45% ■' 45% * preferred & Jan 6% 21 '/a '— 50 Scotia Power B 19% 724 43 Banque Canadian National Batnurst 500 7% 34% 35% pfd__50 19% J'. __ .—__ Banque Provinciale Bell Mar 42% Mar Jan class for Week of Prices 49% _ Sales Range Sale Price • Mining $1.25 preferred Jan 22 50 Montreal of 24 14% • preferred of 23% Mar 975 25 _. Selburn 5%% Bank 275 22 —50 preferred Steels 23% Feb 19% 37% _50 Argus Corp Ltd common $2.50 preferred Atlas 23% 39% Bay Imperial Bank Imperial Investment High 21% — * 4% Anglo Canadian Pulp pfd Anglo Canadian Tel Co 4% ft Asbestos Low 22 • ; Co of Canada preferred 2.90 High 7% E. Reed 4 % ft> Range Since Jan. 1 12,440 , Algoma Steel ~ Shares 41% • V •' Par 40% • I Week's Friday . Last IYi- .. Hudson 23% 25 ... Sugar A Aluminium Aluminum 40% ■ STOCKS for Week of Prices Low • .1 ' ;• Dollars Sales Range Par Power & 4% ft Canadian Week's Last Sale Priee Abitlbi in Monday, March 20, 1961 . . (Range for Week Ended March 17) Montreal Stock Exchange Prices . 4 __ 7c 6%c 19 __ a32 " 7% ; -1.9% ^a32 ' - 2.50 Mar 6c 500 . : " -4 14 "; Mar Jan Jnn 2.90 Mar 10c 20 Jan Mar a— " 7% 550 6% Feb 7% J°n Number 6039 193 Volume . The Commercial and Financial Chronicle . . CANADIAN MARKETS Friday Week's Sale Price Par Low 585 I8V2 is ya 18 Vi 10 81c 3 Vic 13C Nickel 15c 14c Canorama 10c 17V2 Jan 18 Vi Mar 80c Feb Feb 95c 2c Feb 3Vic Mar Little 13c Mar 22c Loblaw 20,500 10c ioy2c 13c 9Vic Jan 12y2c a an 12 '/a Mar 3,500 Feb 147/a Feb 2.50 Feb 750 2.43 21,170 1.94 Jan 1,000 6y2c Feb 8y2c 4 y2c 4,000 7y2c 12,000 3%c" 10,000 7c 7c 3 Vic 3 Vic 29 29 1.85 1.85 4c ^ 32 1.85 Feb 6y2c 13% 4 Vic Jan 400 Mar 12c Jan 5c Jan Jan 5c Feb 2y2c Jan 4'4 Vic Jan 28 . Jan 29' Mar 1.22 Jan 1.90 Feb 80c 80c 81c 1,500 80c Jan 97c 97c 1.00 13,500 81c Feb 1.08 Feb 17Vi May 18% Jan 310 94c Jan 17 Vi 17% 1.50 1.25 1.50 a2lW a20 a2iy> 225 20 ya Mar 27 Jan al7y4 al7% 265 15y2 Jan 18y» Feb 1.05 15,300 60c Jan 1.15 Jan 24 V2 * 1.00 15,950 ;; Feb 1.50 Mar Kerr-Addison —* * i Dominion Engineering Dominion Leasenolds Works Ltd * —1 1.01 1.01 Dominion Oilcloth & Linoleum Co Ltd * 24 23% Empire Oil & Minerals Fab Metal Mines Ltd Inc Mfg Fleet 22 y2 1.62 200 1.60 3Vac 1,000 A Class Class Oils Ltd Mines Ltd— Mining Corp Hastings Mining Development— Golden Felt Hubbard Chemicals Inland Minnesota Lead Labrador Zinc Ltd Mines Murray' Mining Corp Ltd Osisko Lake Pembina Russell San Industries Maritimes Massval 16c Jan 23c Jan 48c 3c 84c 88c 8,700 a21 30 1.30 540 Vic 500 12% American Mines Pennbec Mining 23% Mav 13% 3c Jan 4c Jan 40c Jan 50c Jan 25 Jan 27 Jan 85c Feb 8c Mar 27 47c 92c Jan Mar 12c Mar, 30 y4 Feb Jan 1.05 Mar 19c 2,300 15c Feb 22c Jan 500 52 c Jan 75c Mar 7c 5 Vic 9,500 6c 8 3,317 5 VS .5c 5y2c 56 56 2 Vic , 3c . 56 : 3c 50c 9c 7% 8 * —1 24 Vic 23c Ltd-.—1 38c 38c 48c 1 •. - •Jan"1"'; 7.00 6c ; Mar 3.25 Jan Jan 89,000 7.00 Mar Feb 8c ; ; 18c Jan ;-'l0c Jan 49c Mar 4c jan 49c 49c 49c 1,000 44c Mar 2%c :..2%c 2%c 500 2c Feb 1 11c 9%c 12c 39,000 2.50 2.65 8 8 630 2.43 2.40 '' ;* * Feb 8c 500 8 Jan Jan 10c 2,000 17c 9c 7%c 1 Jan 5.40 4,600 '.:9c 15c. 9c 0 52cMar 32 1 Ltd 7306T,^far * 2.75 Mar 4,800 7c 6c 13 %c Jan 2.70 Jan 2.50 Mar 7 Feb " 2.43 400 2.85 3.10 2,395 2.00 Feb 4.80 4.90 500 2.05 Jan 1.90 . Jan 8% Mftr 2.48 . Feb ' Quebec Cobalt Quebec .j. Exploration Corporation.. Lithium & . 3.10 1 _ 1 Ltd 1 Quebec Smelting & Refining Ltd_. 5 Quebec Telephone Corp common. Warrants —.—;-—*-!—ii__ %• Oil Quebec 2c 2c Development 42 % - 5%%' preferred Chains Renold Ruby Ltd Canada Enterprises Foo's 1—20 _J—— A—* class 46 22% 46 22% " ; a21 —. a21 36% Jan "• Jan ] 7 110 15 al6 40c 20% 50 40c 40c warrants—— ' Jan 7c 1,585 ;/ 3%c Feb 3,000 . al6 . 2c 9,500 10c 10c 10c V — 3.60 Mar 5.25 Mar * 2%c 1,000 St Columbian Lawrence Maurice Saucon Shop Inc Gas a— 46 Feb Mai- 22'% /; ■■ Mar 21 Jan a__ ■ 25c Feb 12c . Feb Acadia Jan Oils Spartan Power 6% 7% 41c 700 14% 1.10 14 150 Petroleum 1.00 Trans-Canada 80c 90c 48,150 71c Feb 96c '/ Trebor Mines Ltd United Asbestos United Corporations United 23c 5,500 15c Feb 3,500 5c Jan 8c 7c 7%c 6c class Ltd Explorations Vanguard Ventures Ltd Jan 16 %c Mar 38% Mar Jan 31% Jan 3%c 3%c 4c 4,500 3c Jan 4.50 4.05 24 24 24 500 1.15 1.15 1.20 9,600 7c 4.50 3.75 5,200 9V2c 8c 8%c 5,000 1.35 1,000 37% Feb • ' 1.60 Mining I_—l Corn—: Weedon Wendell Products Mineral Products Westville Mines Ltd_: 1 Ltd_. '• • ' « .— .—11 Ltd—.——— 3c 3c 1 5 Westeel . Ltd_l Producers & Refin Mining Corp—_— 2%c 4c 2%c 4c 10% 10% 100 3c 2,000 3c „ 2yac 28,500 • S 3c 1.60 - Jan 3%c Jan J 37% 11c - 1.35 Mar 2,000 10% Jan 6c Jati 9 %C Mai— u Virginia Wainwright Mar. 24; , . Jan 30 Feb 4.50 Mar Jan Feb 7c 925 1.35 1.05 5c • Jan V 21 10,000 37/ 37 % 9%c l _ ——— Jan Feb 9c 3,150 * : Jan 8%c 7c 5c 3,465 * Properties—:— Principal 8%c 11,000 78,500 38% B—. 4c 11 i Jan Mar Jan Jan •Tan Mar v .3%c Mines Gas Warrants Bidcop Co & Campbell Ltd———. 6z Canada Packers Canadian Dominion Ingersoll Inter Central-Del Chromium Rio Consolidated Oils Co Oils 17% Feb Ltd—* 500 15c 2,000 15c 1,750 11% 3,200 5.70 Jan 17 17% 30 4.65 10%, 2,327 52% 15,400 4.65 4.35 40 32 Jan 52% Feb 15c 7.90 Advocate Surpass Agnico Mines Akaitcho Alba Class A Class Jan 5.05 3,800 4.90 Jan - •*, 40 78% 'Jan Jan 3,897 41% Jan 2,150 16 79, Collieries.Ltd Hollinger Consol Gold - Mines For footnotes, see 5,000 10'/a a3.00 . a— 10 l%c a3.00 l—* Ltd—i-Ja-5-' Hudson's Bay Oil & Gas Ltd—2.50 Irit'l Paints-(Can) Ltd 6% .pfd——v/20 Jockey Club Ltd— a55 %c - page * 46. 25 25% • 26 * 140 88 3,615 14 14% 1,950 al9 al9 45 3.20 3.20 500 Feb 54 Jan 6.40 Mar Jan a55 5.20 Jan 15% Jan 18% 1.10 Jan Feb v-V 39% Feb Muf 1.56 Mar Alberta Pacific Algoma Central / Jan 1%C Jan ,14% Jan 4/ 9.50 Jan a— 2.60 *' . Jan 5' 4.00 26 Jan Low 11,466 8c 40% 40'/2 42'/4 10,349 39% 23 V* 23 Vi 23% 273 High Mar 13yac Feb Feb 42% Mar 23 y4 Mar 24 Mar "22 21 y8 22 V& 5,745 14% Jan 22 Va Mar 20 19% 20 1,655 19% Jan 20 y2 93 93 93 100 91 y4 Jan 93% Feb 7c 7c 8c > 6c Feb 8 Vic Jan 15c 14c 16c 13,000 10c Feb 16c Mar 32,220 5.07 4.00 3.85 4.00 — 20V2 20% 67c 69c 2.80 240 69c 24,389 10,500 43c 39c 43c 3'/2c 4%c 2.05 Jan 20% Mar Jan 77c 38c 4,615 Mar 53c Jan 5c Jan 2.10 Jan 3'/2c Mar 1.80 1.60 82c 1.65 2,025 31% 28'/4 32 % 56,915 107 106 V2 12'A 18 107 192 105'/a 14% 18'/4 24,410 38c 45c 17,300 19 14Va 10 — 78c 43c * Oils Consolidated Jan 24 ya 100 Gas Jan 50c 3,925 1-65 A 78c 1.50 Bldg Jan 7.90 107 v2 Mar Jan 14%' Mar 14 Jan 19 38c Jan 47c Mar 4,390 16 y4 Jan 19 Mar 52% Feb 57%. Jan 3,875 18 Va 53 Va 53 '/2 57 800 6.10 7.10 1,065 4.00 Feb 37 2.50 37'/2 2.75 9,051 32 »/2 Feb * — 2.50 20c ——10c Minerals 20c Mar 1.8 J Mar 32ya Mar 18 V4 warrants Roxana 82c Jan 5.10 i Jan Jan 10 common Feb 4.50 19% 9,418 1.95 Jan Jan 56c 50 Algonquin Allied Range Since Jan, 1 11c * Steel 250 2.00 3,250 20c 7.50 Feb 38 Mar 2.75 Mar Jan 16c Feb . 21c Jan ,Jan "• * Ltd 4% % 4% Co preferred Amalgamated —; Pete Leduc American Nepheline Anacon Controls Analogue Anchor 1.65 Jan 2.15 Feb 19,827 31% Jan 35% Jan 225 21 Feb 22% Jan 510 45 Va Mar 49 % Feb 2,667 15 Vic Mar — 21 y2 46'/4 45'A 21 Vu 46'A 16c 5y2c 4,000 5c 9c 16,132 6Vic SYjc 15y2c 5j/2c 9c 8c 16c 20c Jan Feb 8c Jan Jan lie Jan 50c 44c 39c 48c 32,200 38yac Jan 60c Mar -20c , Mines Lead 5,165 35'A 1 1 Mines Earth Rare American 2.10 34 Va iOo Larder Amalgamated 1.99 35 'A 25 50 , preferred 2.02 * Alminex Aluminium 44c 41c 45c 19,566 37c Feb 48c Jan 1 3.50 614 8c 6,000 7.25 8.05 14c 200 1,006 7.70 3.25 — 4.75 Exploration 7'/2c 3.25 ,—;lc — Petroleums 7.25 2.50 Feb 7c •4.00 Jan Feo 12c Mar 5.40 Jin 7.50 Mar * — Anglo Rouyn Mines 1 — 7.25 7.80 14c 1,200 12 Vic Feb 16c Ansil 1 9c 8c 9c 70,000 7J/2c Feb 36c * 33 31 33 508 29 Jan 33 2%c Jan Anglo American Anglo Huronian Mines Anthes — Imperial A^ class Mines Area preferred Gold Mines Temple Class : class Acceptance Coast Atlas Jan 92c 32% Jan 38% Mar 1,530 48 Jan 4Y>c Mar - Mir River Aumaque Gold Geld 7c 14,500 7c Jan 9c Jan 38c 40c 6.226 28c Jan 50c Jan — 9% 9% 225 9 9 12l/2 12 12 V2 600 30c 24c 30c 53,400 ' 9% Mar 9% Mar 20 9 Feb 50 10% Mar Feb 11% Feb 13 Jan 17c Feb 35c Jan 19V'2 1,750 1.30 1.45 25% 9%c 15c 7c 2.87 18,600 1.07 Jan 12,745 21% Jan 25% Mar 7c Jan 12c Jan 17c Mar 19'A 1 ; 14V2c 24% 8y2c 14 %c 1 1 Mines 6%c 6/2c 8.84 2.79 9c 5,000 class 16%, " 21,000 1.60 Feb 6 Vic Jan 5c Feb 8c Jan 7,250 2.65 Feb 3 10 Jan 1,335 6Vi Jan 7 7 7 * — 3.00 3.00 100 7.70 8.80 18% 21% 43,386 B 19% Mar Feb 5,500 —7—* common— Products 18 1-35 25% • Mines Mines Electric 7c 38c — * Mines Aumacho Fabric 71c 6.225 —* 1 common Copper Ruffner Auto 4,600 1 Steels Atlin B Nickel Arcadia Atlantic Auto 84c 38% 50 4c 36 Vi 49% 7c 10 10 .* Hardware Atlantic Aunor 2,700 80c 4c 50 1 — common B Associated 4'/2c 83c 38% * «. Oil Ashdown Jan Jan Mar 40c common $2.50 Asamera Jan 8.75 * ;— — Corp Argus Feb 1 warrants- ,Nickel Arcadia Bailey Selburn Oil & Gas class A 7 3.50 3.00 Mar Jan Jan Bank Mines Montreal of of Nova-Scotia Bank — Mines Barnat Baska Mines Uranium Petroleums Beta Bathurst Class Power & Bell class A Bros - Lumber Co Bevcon Bay Jan Jan Mar 14% Mar a-_ ...» 3.20 Mai- British 47c 8'/2c 7,000 39c Jan 47c Mar 14,333 8c Jan 11c Jan 9c IOV2C 32,500 16V2C —* * * • * 29 ^ 8%c 9 /« 23V* 9 48Vic 47 /a 98 70c 73% Mar 2.12 Feb Jan 7c Feb Feb 44% J-n 29 100 35 Mar 11c Jan 9% Mar Jan 23 % Mar 21 190 45c 7,600 62c Feb 49% 47Ya Mar 17,260 101 1.18 85,024 Jan 1.18 Mar 11c 4,100 5%c 66c ^ 58c 6c 70c 9,000 5c Feb 8%c Jan 6,100 57c Mar 72c J 15c 9%c 76,060 9c Jan 15c Mar 50,200 7c Feb 12c Feb Feb 10/2c 14c 10 Vic Mar 50c 22,900 39c Jan 52c 47 /a 52 7% 49 /* 435 46 y2 Jan 49 100 49 y2 Feb 52% 7% 49l/4 47 52 7% 49 /% 350 7 y4 Feb 110 47% Jan 1 6.45 35c * common— -I ——50 common _! - Petroleums Oil J* --23 F*b 106 47/2c — Mar 1.06 Mar 47 4.05 Jan Jan 47l/2c • -Jan 7c -1 common O 6% 1,270 1 — i 9c 3%c Mar 12 /ac 8c — Jan 41% 50 50 1 50 Ltd American 63% Mar Jan 95c 13c 8c .———100 G) Jan 236.027 1 • Uranium \\ 1.62 Mar 11,643 51c 48% -- 59 66% 80 23% 48 /a 101 110 Feb 2,500 9% 23'% — 44c 4,754 11,400 10c — 1 Tank 5% 42 V* Feb 1.17 Mar 5,580 5 6 43 29 Mines Traction (T 9c — 0c Petroleums Preferred Britalta 40c 8c — Pioneer & Jan i40c 8c 1 Preferred Bright 35c 61 37c — 1 Preferred Bridge 6,120 Jan 71 Vi 1.65 50o Corp 5% pfd 5%% preferred Bowater Paper — Bowaters Mersey 5Vz% pfd Brazilian Jan 73 — Mines Mines 75c 1-69 28 Cooper Corp Uran 5,360 62% ——1 Mines Bicroft 23 1.17 37c 62 k 73% 1.80 - Yukon Jan 1.01 * common— Com Rights Bethlehem 19% 21 Va 1.15 1 —• Duquesne Mining Telephone Bibis Paper B Beattle 8.80 Mar Jan 18% Mar 365 21% T1 Ltd Exploration Metals Mining Barymin Base 4.90 365 18 /* 21% 10 1 Oil Bankeno 8,65 10 preferred 5%% preferred Banff 1 25 25 50c —— 1 5% Brnlorne 56 4.00 Shares 2.00 Preferred Bralsaman l%c Jan 19 for Week High 8c .Warrants 19 % Mar Jan Range of Prices 4'/2c preferred Natural Algoma Dollars 1 —. Alberta 44% Mar 10y8 Mar I 1 13% Mar 42% ' Sales * Bowater 5.10 1 Feb 10% c warrants A Canadian _i Trunk Bouzan 24,550 10 Va Jan 9 Week's Low - trust Gas Jan 6.40 * 9.80 Mar Jan 38 Exchange in Gold Warrants Voting Alberta Jan 50 Expressed common YellowKniie Distillers 5.15 1,081 1 Jan 37% - 1 Explorations Alberta .'40% 4.10 Mar 40 19 V* Hillcrest Are 1 Bidcop Mines Ltd 44% ——5 6.95 2,275- —* Shoe Ltd Black 18% Ltd^. 2,325- 1 Mines i_,rd Agnew Feb 43% ——— 9.30 ■■■ * 55* 18% Mines 9.00 41% Jan * Acme Gas & Oil 17% Mar •44% Corp 9.20 • • common Mines Jan • Gold 4.10 25 1 Jan Smelting Corp-_* Corp Ltd— • common Feb 1.43 Mar Jan 100 Sugar 49 y4 5.05 -• Mar 12% Mar 5.90 6.30 Mar .14% Mar Mar 78% 78%' Mar Feb * common - 16 I 10% 1 Paper Uranium Beatty 4,05 Mar Jan,;: 12% 7.60 • Jan 14% 7.50 Co Ltd-, * 5%- pfd_100 _• Ltd— Yellowknife 12% * & Paper Gas Ltd—• Co B——: Ltd Zellerbach Gateway Giant Trust Mining Consumers Rand Inv 24% 7.55 Petroleums Devonian Canadian Canadian Crown class 3.10 3,650 15c 1 Mines Ltd Sugar Ltd 2,900 32 12 y4 * Chibougamau 4.00 _1 Ltd—; Canada 3.95 31% 14% — — & Belcher Ltd "A"_5 Co 29'/4 _1 — Line —: Mines Burns Ltd Trunk Jan 3.20 Last Ltd A Mai- STOCKS UNLISTED Alberta 9% 1.36 Shown Preferred Beaver Advocate 400 M'tir Mar 7c 37 V Mar - a9y2c al3V2c 7c 6c al3% Mar 23c 8c 1 Ltd Corn Mar 15c 38% ..1 .. 125 Jan 7%c 1 Feb Feb 11c Jan 8c 118 Feb 1.30 •Mar 92 -10 Fund Corp Jan 1,000 88c 1 Ltd 15% 6,000 1 _ Corp Jan Feb Mar 1,36 - 10c * Ltd Exploration Titan 8% 55c Jan 125 - Tib Jan Jan 1.25 —1 — - 1.15 9c — _ 7 1,500 123 % —— Tazin Mines Ltd 3,902 1.18 10c 1.20 — Mines Ltd- 8% •'53c 1.18 ■ Mar 1.55 Mar 123% '■ pfd_.—100 Warrants Tache Lake 5.25 10,150 14% * Services Air 72 c Jan 5.95 53c 1 Ltd Mines Canada Jan 94C "•i,— II—2 —_— Dufault Southern 65c 43,350 _• A Ltee South 11,300 1.55 8% a-.—_—_1L_;—1 Sobey's Stores class 5.95 Mar 70c 1.28 2 —— Ltd Feb 70c • Ltd Ltd Mines 5.70 1.55 1 9% 2c 32c 1,000 * Atlantic Class Arjon 46c Jan 5.95 1 . 1 (1957) Save & Siscalta Siscoe Soca Metals — Development Ltd Preferred Ash St 12% Mar Mar 2,700 Sale Price Aluminum 6.70 • Jan Mar 3%'C Feb 84 1 Ltd 56 '" ^ ; . 200 16%C „2 — 6%c 1,4 Jan 19,300 32 3.00 ■■■■(v 6.75 Mar Feb 13b 32 6%c Mar 8 Jan 2c 119,900 \ 9c jra'awir." 4%c 175 36,000 3.00 *■ Jan ; 46 28,644 , 27c ——. Producers Feb 75c * Gas Feb 17c 1 . Oil Co Ltd— Mining Co Ltd Porcupine Prime Mines Ltd— Gas 5c 75c (Quebec) Ltd_l , Jan Jan Mar Feb 33,950 Phillips . 72 c 1 —! Corp 51 1 1 Ltd- Paudash 39 Feb Jan 86c 1 Ltd——.— Opemiska Copper Mines Feb Jan 12% 1.05 Ltd (1945) Jan 17% 86c i Metals Rare Industries - 15c 491/2 500 Quebec Power Co Ltd com-* Gold 37 y2 Jan 46c 1,990 Jan Mar 1.53 Par Power 2.00 Jan 8c 3,506 9% 2c 32c -> 3.90 STOCKS Abitibi Feb Jan 30 1,400 3.85 Friday — 3c " 92c 92 c 500 12 Toronto Stock Mines 110 12% " 2c 1.53 Ltd Abacus .150 a23 y2 a24 V* 12% Jan '32c Jan 2,000 4c; 4c al2c Mines Ltd West-Amulet 1.00 a— 1.05 8,000 92c Santiago Mines Ltd— Mar a__ 20 68c Mar i Prices Acadia 1 Newfoundland Light & Pwr Co Ltd —10 Northern 84c 11 • 63c Feb 55 3.85 A— Jan 63c 33 Jan 1.53 Jan Jan alOc ,— Oils Feb 40c 29V4 Ltd— Canada Jan 44% 97/a 8%c Mar 2yac 30 New Jan 1,700 a53 31 2C cumulative1 red of 21% 1 class Corp MaiMar Jan 32c ■ 12 « Ltd Jan 19,000 alOc New 3.00 18.500 —5 Ltd Corp Finance 47 22 20% 11% _' 1.25 Steep Rock Iron Mines Ltd 5% 38 V2 Mar Jan Mar 3c a38 a38 y2 1,000 Jan Mar Mar 23c —__—1 Mining Corp 48 47c 700 Mining Co Ltd—— Dairies Ltd—— Formaque Mines Ltd— Northwest 3c 5,300 Ltd _ 33 liy2c Mar 2.05 Mar 10,200 Royal Provo 13,000 26 Monpre Prairie 8Vic 3c Mines Pitt 110 44c Mines _ 12 Va Mar —1 Ltd Mines Mines Mar a3.50 3c of Canada Ltd-. Obalski :71c 26 Island North Jan 41c Mid-Chibougamau New 46c 3c Molybdenite Mount 2,700 26 Ltd— - _ -i— Feb 71c 43c Mines Merrill 3c 1 Mclntyre-Porcupine Feb 50c .—• Corp Co _ Ltd Gold Antonio Sherritt-Gordon _ ; _ Mar 47 3,500 Mar Ltd (Walter M)—_* Mining Corp Ltd——_1 Copper Mining Co Ltd— of Canada Ltd Lithium Lovvney rights Ltd Mines Pipe Lines Ltd 1.56 25c a52y4 4,730 1.50 22c a53 850 y 55 1.'55 425 a38 31% 55 Feb Jan a2.00 Mining & Explora'n Co Ltd_l Lingside 31 51% 5 Co— Jan 36 Va Feb 3y2c 86c —1 Paper United 1.74 Jan 25c —1 (Alfred) Inc class A Lambert Ontario Jan Jan 3c 44c ,~}1 & & Jan 2.16 Jan 10 1,720 Jan Ltd—1 100 18% 2%c pfd_.—50 21% 18»/4 47c common—* Ltd Mines Kontiki Ltd convertible cumulative 21% 2.50 - 18% Jan 9 20% I..* 2c c 775 Gas 6c 9 Vi 150 22 Union 38y2 1.25 1,890 47 Feb 1,500 .——* Mining Foundation Investment 6% Ltd Can _ _ 13% 1.90 Mar 30% 35,680 3,440 a21 38% 47 21 y8 13% 2 Vic class A pfd—__* Cefamic International Iso Ltd Co 347/8 22 _ A- .2.50 12% 3,000 . 900 13'/a 2c a20 12% Trans 48 23c 12 * — class Paper 4.50 Mar Mar 500 3,525 38% _ & 7% Mai- Feb 11 1.90 36% 450 7c :—* 1 • Copper _ B 1,875 1.90 38 60c — Age Haitian A High Jan 32% 41% 9y2c * Futurity class _ Power 12 '/a 6 3.25 36 ♦ _ 40 2c a3.50 Ltd _ 100 ' * _ * B Preferred 4,805 12% Ltd. Mines Gold warrants MacLaren 11% 7% 4.50 38 25c Ltd— 11% 1 — Range Since Jan. 1 Low '—4 9y2c Foreign Power Sec Corp Ltd———* Fundy Bay Copper Mines Ltd— 1 Lid-- Mines Gold Lac Shares High - 4.50 Companies Class 6% preferred-— —40 • Mountain Oil Pipe Line Co_ 46 Vi 46% • 1 Ltd_— Industries Feralco 1,635 1.62 3%c 1 Nickel Mines Ltd Mining & Exploration Inc. Falconbridge Fano 24 1 1 Ltd—__— Mines Sullivan East Ltd— 7% ' Long Traders Ltd Mines Dome "A"_— class Ltd Low » _ 7%c Mar —1 Ltd Douglas Warrants 6,500 8c Corp Ltd^_i_-,-___* Kelly for Week of Prices Par 4,480 __1 Crain Crusade Petroleum 16 2.30 4!/ac 1 Consolidated Vauze Mines Ltd Copper Rand Chib Mines Ltd (R L)____ Jan 12 % 2.38 Consolidated Consolidated New Pacific Ltd High 13 10,700 , 9c 12 Vic 9c Minieve L'Ungava——1.50 Div Standard Sec pfd_—* Compagnie 95c 3 Vic 95c Refineries Ltd—* Mines Ltd-. 1 Explorations Ltd 1 Carbec Mines Ltd —_——1 Cartier Quebec Explorations Ltd 1 Cassiar Asbestos Corp Ltd ——' * Chemalloy Minerals Ltd 1 Chibougamau Copper Corp —1 Chipman Lake Mines Ltd 1 Cleveland Copper Corp ——_1 Kodiak Canadian L°w 14% Sale Price Sales Range Last Range Since Jan.1 High 14V4 Week's Friday STOCKS Shares 14 V4 Dredge & Dock Co Ltd —* Canadian International Inv Trust Ltd* Canadian Canalask for Week of Prices 43 (Range for Week Ended March 17) Sales Range Last STOCKS . (1263) 6.25 Mar 7,510 6.30 ;€.50 35c 40c -.,14.00 4.25 77 77 V4 30c 1,500 3.80 16,956 77 115 5% Jan Jan Mar Jan 8 Jan u Feb Feb Jan 49% Mar. , 7 60 :50c *rn Feb 5 .00 M 80 r Feb 7% Jan Feb 6 2,125 44 44 50 43% Mar 45% 42% .42% 42V2 2 42 y2 Mar 45 % Feb 20% 20% 207/a ,20% Mar-- 21% Jan 5% — 5% 1 17. 1 ■— 2.23 2.30 2 noo * 34 y2 33% 34V2 13 211 - 2.00 29% Jan 2 c Jan 34% : > Feb CANADIAN MARKETS Friday STOCKS Week's Last Range Sale Price 4% Columbia preferred"" preferred " 4%% 78 78 —50 42% 42% preferred —50 Broulan Being exchanged for 40% Jan 42% Mar of 43% 44 166 42% Feb 44% 92 92 93 326 90 Jan 93 49% 49% 1,555 47% Jan 49% Mar 7% 1,016 7% Jan 4 /ac 4c 4 %C 9,266 3c Jan 5c 13% 12% 13% 12,640 12 Jan 13% Jan Consolidated L—~u—• 6%c 5c 6%c 19,075 5c Feb 7'%c 15 15 15 ^50 Jan Consolidated 3.60 16,542 48/4 11 ^ 1.60 Mar Consolidated 3.50 16:/ac' 3.50 18c 30,700 13c Jan 20c 33c I,550 30c Jan 35c Feb Consolidated Fenhnore 11% Mar Consolidated Golden ,*lan Consolidated Halliwell Power Telephone ^ 38V4 • 29 37% 47% 46 /a 1-55 pfd- 10 , —" • 38% 11 26c 1 14 14 * 7 & 48 4 2'4^® 6.194 11% 950 27c 7 14' 23® ^ar 12 Jan 25 6% Mar 7 2.30 2.30 100 2.15 21,000 2.30 6%c 7c 1 . 1.16 class A____ 0 - — — — 5.00 4.50 4.50 15 9c 9%c 12,000 10 & 4.50 Mar 8c 13c 17% 460 Jan 17 3,578 11% Jan 13% 7 1,420 6% Jan 16 Mar Consolidated Consolidated 8c 9*% 10,128 8c Jan 13c Jan 44c 32,900 23c Jan 44c Mar 2,635 13% Jan 23% • 28% * 27% 29% 6,414 23% Jan 28%c 30c 2,000 27%c Jan 33c 1.08 1.25 2,200 1.05 Feb 1.30 7.45 7.60 19,025 5.55 Jan 13% 13 Va 14 % 750 common 3.75 3.75 3.75 50 % 50% 50 % • . Stone——.: Mar 49 Vi 29 2,804 25% 26% 27 409 25% Class Coulee Feb Lead Craig Mar 27% 6 V2 c II,100 5c 4%c 6c 4,500 4%c 2.55 2.80 3,530 16,658 100 105 105 105 135 3.50 3.30 3.50 5,380 —* 7 7 7 140 * 16c 16c • 4 7c 8c — Crestaurum Crestbrook Timber 20% 20% 21 % 1,655 18% Jan 21 % Feb Croinor 70 67% 70% 465 63% Jan 70% Mar 1.54 1.40 1.60 19,545 88c Feb 26c 20c 29c 83,075 5c 53 53 53 25 52 52 52% 230 Canada Southern Canada Steamship Lines Preferred 67 92% 92% 11 Vic Tungsten 16c 6,700 2.90 3.05 11,350 2.75 216 40'% Jan 1.65 • B Minerals 7% 1.74 12 65,919 1.23 Mar Bakeries — 7% 515 7Vic 11,559 5% 5% 110 5 59 61% 63% 49% 50 10% 10% 10% 1,305 8% 3.90 3.60 4.00 2,895 2.25 A ; common • —. 4.00 850 ..,2.30 698 13'% 32 Chieftain Canadian Collieries Petroleum • common Drawn Steel Preferred Canadian Dredge Dock Canadian Dyno Mines Canadian Export Gas Fairbanks common 9,800 7'% 7 7% 6,720 200 71c 1.75 20,090 84c 118,158 Morse A common, * : 3c Mar 9 %c He 3,900* :9c Feb 8,400 17c '"Jan>: 21c Feb 3,000 7'%c Mar' 12c Jan Jan Dominion Scot Jan Dominion Steel Mar Dominion Dominion Tar 5.15 Inv & 64c 76c 3.10 2 Jan 16 Feb Jan 60c Jan 2.80 2.80 11 11 • 7'% 6% 7% 7 4.45 4.50 750 common—• 51 50 51 4,875 45 Feb' ^—* 7 7 7% 620 >7 Jan 46% 46 '/a 25 41 Jan 46'% Mar 11% 11% 580 10% 63 i 50 * 11% Feb 69% Jan 17% Mar 20% 233 17'% Mar Textile Mines 21 11% 12'% 5,461 10 5 V2 C 5% c 7,000 4'%c Feb 6 %c 11c 9c 11c 86,000 8'%c Jan 11c Jan — 4%C 5c 3,900 4c Feb 7c Jan 4%C 4'%c common — •, ^—17 1 *85 44 % Jan 52 Mar 49% 167 37% Jan 50 Feb 4.90 5% 8,705 2.25 2.50 20,800 16% 220 12 Jan Economic Eddy 5% Mar Jan 2.50 Mar 17 200 3,350 14% 15% 2,031 6% 7% 345 31c 32c 4,500 4.8O 4.90 670 3ic ^ 9c 10c 18c 20c 29% 78 80 32c 60 Elder Feb El 11% 7% Max- Falconbridge Famous Jan 5% Max- Players Oils Fargo Jan Jan Fatimn Federal Grain Farwest Jan Mining 101 67 99% Jan 31,150 21% Jan 23% Mar Fleetwood 2,832 7% Jan 10 rvb Ford Jan 48 Mar Ford 1734 Mines— 47 Mar Francoeur Jan 53% Jan 885 14% Jan 20 15 Jan Mar 18% Mar 9c Jan 13c Jan Frosst 45c Feb 63c Feb Fruehauf 9,500 5c Mar 91c Jan 1.10 95c 1.25 49.590 12% 12% 13% 5,895 29c 29c 29c 500 __ 10c 1.13 5.90 6.45 ".86c 90c 25c 87,360 5.00 6,910 85c Jan Mar 1.07 18c „ Mines —2.50 page 46. Co Ltd class Trailer Jan Geco Jan General Mines Ltd 31%c Mar General Motors Feb T2c Jan Jan 74c Feb 19,100 43c Feb 67c 'Jan Petroleurn General Products General Steel G'eo-Scientific Jan 16 16c 5% 5% 8,945 Jan Mar 3.90 Jan 9 10 1,875 8% Jan 10 % Exchanged Jan 25c 6,100 20%c Jan 27c Jan 5% Mar one 80c 75c 80c "... «. 215 31.100 11 63c Jan Jan 12% ,| 88c 2.90 Jan 4.30 3,755 7c Jan 30c Jan 41 Jan 56 % Mar 27% Jan 28 % Mar 255 139 134 130 Jan 10 Jan 41c Jan Jan» 9%c Mar Jan 10 65 12 Feb 143 13% 5,372 4c 8,100 4C Jan 24% 3,962 22% Jan 95 60 95 Jan 95 3.45 >3.60 12c 15c Feb 25 95 19 Mar 12' 77 % Mar 4c 13'%c Mar 72c - 23% .3.60 5,860 . 19'%. 3.50" "3.50; " • Feb 6c Feb Jan Jan 4 00 8c. Jan 17c Feb 18% 1,555 . 13% Mar 3.25 J an» 23% Jan 30,330 18% 5%c 5%c;" 38 37'% 38% 101 101 107 107 19% 18% 19% 125 3.50 Mar Jan Glenn Feb Globe Ltd 1,300 . 5 %c 8 Jan class . 12'% 41 107 7" Jan 17% 1,205 77% Jan 10% Feb 257 ' 43% 44 >%; 760 Feb 4.50 Jan 6c Jan 39%. Feb 103 ; F^b 1077a Feb 20 % Jan 8% Feb Feb 14'% Feb 39% Mar. 3,755 % " 44'% 44% Feb r 45'% Mar 41 Jan 51c 53c r '2;055 "51c Feb 61c Feb 25 25 ; 260 25 Jan 25 Jan 9% -8V4 9% 3,505 '*""7 Jan 82'% 82% 82% -5 82 Jan 9c 9c 10c ."-9,625 * Feb 12 %c 10 10% 9% Mar 14% A—50c 51c A— - 100 Ltd-- Jan 4,732 13% 39% 12% Jan ' common—— —1 Prospectors 20 ' 99% 10 8% 13 41 7— Drill" class 31 1,722 , * 8»% Feb Jan 120,900 s 45c 4c Feb . - 9c Ltd 9% Mar 82% Mar Jan for Goldfields Mining three shares for each "held Giant Glacier „ 11'% Mines Corp Jan 24c 11% 4,474 678 1 —1 Preferred Jan Genex Jan 1.69 Mar 310 13 —-* Mfg Wares 4.15 13c 20 % Jan 45,800 100 '—__—' General » 43% Mar 12% 19 % Jan 1.12 72c —-—1 9c 6,000 17%; Jan 16'/4 11'% 101 1 44c 2,769 1,945 1,515 48,945 76'% 1 — 3,200 ' 56c :—• _-. 3,800 16 Feb 48% Mar ► 73% 134% 24'% 1 i Bakeries 13,700 14c % •• ' 11c 13% -f \11»% • 100 65c 9 — A - 10c 13 %c „ • Development 5.40 8'%c — Dynamics Jan 7%c * common..;— preferred 5 % r'r preferred General Jan 3.80 * — — Power 5c/t General 3.30 Mar 3.40 * Jan 38% 3.70 - ——20c Co Feb .. 1.69 1 common—. 1.17 215 18% 20 % 1.53 139 — 3%c 7,750 Jan 19% 76 % Ltd— Jan 3.50 37% 18'% —5 — -r—1 Mines Jan 43% 18,647 20 ————* 78c 42 < 1.62 59c 2%c 3.35 48'% Feb 9 1 ———: 2,200 3.45 15% 8 Mar 28 9,200 43% Mar 27'% 28c 4.70 8 8 27% 1.13 410 185 860 '» - 41c 3%c 5.20 10 ' 56'% 3c 5.10 Feb Jan 9 55 1.03 44%c 46'/be Mai Mar 37c 24%c 24%cMar 80 20c 37c Mining Gatineau 6.45 Max- Mar 10c Feb Feb 56'% Co (U S» (Charles) Gaitwin Feb 36c Jan Jan 8c Jan 4%c Jan 14% Jan 46,600 . 10c 12%c 7c wrobtsher 1.25 Mar 12% Mar 17c 15c —1 62c — ' . Jan 25c i French 6,132 39 Jan 70 1 100 Petroleum preferred——_—10 557,977 Feb 1.20 Mar Jan 9c 9 :—* — 7c 35% 99c 78,500 1,180 —1 Companies Freiman (A J) preferred 51c 95 Mar Max- 80 46 % •—- Fraser 5c 5% • — see Foundation Jan 39% 46c 45c . National Jan 37% 885 62 62 80 46% : Corp 85 7c 5.10 i —: Metals V Jan Jan 42,600 : 8% ,j_v_r Canada 37 10%c 1 of 10c l * 5c 58 .58 16'%c 16'%c ——————-20 Motor 700 , Feb 45 295 : Feb 80 Manufacturing 49%c 25 : Feb Fleet gi/2C 25c ___l — Equipment 3c Feb 35 % * — 3.000 173,4 1 Smelting 46 20 35% Mining & Smelt——1 , 40 % 19% 1 Mining,— 3%c 39 17% __j. Mines— 3%c 38'% Max 27.',:. 9 A_————___*' class Preferred 10% 45% Canadian Mining 29% Mar 23% %,' 19%* 35 25 Va Mar 400 " 25c 13c a Feb Jan 50 9'% 8','2 Ltd 39c 101 Jan 1.82 9 * 8% Nickel Feb < Jan 1.80 5,300 8'% Fanny Farmer Candy— Faraday Uranium Mines 6c Feb 6c • Feb Jan . . 6c '—10 7% 100 45 Jan 1.55 Jan 1.55 : 50 %■■■ v 1.12 12c 15 %c common 15% 82 15c 9,875 62 62 1.05 1.06 1 Jan Mar 38 61% i 10 Preferred 9% 31/2C Feb 12'% Mar Feb Mar 43 Jan 4%c Feb 9,350 ' 25%:,.-- 61'% 1 Insurance-- Jan Jan 38 Ltd,-—* I Life 22% 50 61% — Corp Exquisite Form 10 48 25% Eureka 101 48 Developments 7% 42c 25% — 23% __ A—.— Jan Feb * 10 Ltd Empire Feb & 9c 78 - .1.000 ' 1.70. * 18c 23% ' 1.65 1.55 Mining Emco Feb 1.35 1.60 1 Mines Sol 1 1,64 : Co class Mines Eldrich 3.40 Max- Jan 4.80 Mar 4,517 78 6% 12,965 28% 14 Mar Mar 7% Mar 3.80 32,642 i8c 29% 1 - ——20 Trust Inv Paper — Common 7% Max- Jan Jan Gold——— Match Eddy 1.07 Mar 1 12 5%c 1.98 Mar 40c * v 1 ... 45% 7 Feb 17% 1 7% Mar 8 17'% 1 6% 4.50 Mar 51 Feb Mines 7% Jan 14 %: Jan Mines 5c Jan 7% Mar 2,589 Arnphi 9% 13'% 178,338 Sullivan 3,715 2.30 Feb ; Jan. 17% Malartic 7,409 5'% 3.>0 68 % East 53c Feb 10 1 66% East 10% Feb 21'/b Mar •16% East 10% 371' 1,697 v Jan 10 Jan % -2.80 Mar:" 10 v 277% 17 Jan 10% 10% 2.80 37% Mar ! - Jan 68 Feb 1.30 6.65 20,065 21V'ar- Jan 197% Mar 5,875 4,865 common—* Feb 4.40 • 13,0847 8.90 .7. • 12'% Mar . 8% 9,850 Jan 25 7.00 63,522 Jan 3.75 19% 52 7% 31% Feb 20 50 % 3.40 2.90 Jan 80c Jan 52c -18,579 Jan Jan 11% i 22'% Jan 6% Mar 37% Jan 2.80 31,989 , 9%c 35c Jan 27c 8.50 Jan 7% .7c V 9-25 Jan 22,4407 20% Duvan Copper Co Duvex Oils & Mineral. 15% 7 ___^__23.50 12% Feb • : 9.70 .10% 29 %c Mar Feb >———* 48c 4.30 • 1,600 3,697 Jan 36% - 5,757 85c 24 '%c 12c 8.90 Chemical & 2,920 15 Feb Jan 6c 21% Coal.., 54c Jan 1 Ltd 7c 137,000 7c 28c 28 %c 2.95 pfd 14"% Jan 7 7 %c 71c — 14% 6% Feb 103 37'% Preferred' Jan V 25c 29 %c * Steel Stores 1.75 Mar 79c 7%c — & Dominion 7'% Feb 7'% ' 18c 18 %c 2.97 common Warrants Foundry Jan 1 2,722 7% „1 . For footnotes, 4c 4.50 6.30 Columbia Cellulose—. Combined Enterprises J3c • —25o ,'t Magnesium 67c * Gold Gold Jan 10% common nonunion 22c Rio Coin 97% 1 prtaerred Dominion 2,825 * Oil Coniagas Jan 6,415 1 Farm 190 7c 1 7% Mar 25c com,,* Quartz. Cockshutt 103 10% 40 _—._. Mines Chesterville Mines— Chib Kayrand Copper Conduits 33 . 1.07 • Cheskirk Combined Electrohome 25c * Ltd Cochenour Willans 102 891 A Porcupine Lake Dairies Dominion Jan 1.01 1 class Asbestos Corp Athabaska Chrysler Jan Feb —• Coal 10 Corp & Jan 20 5% Jan • Dominion Feb 25 Mines Mining 9%c Jan 2,635 1,020 __ Chromium Feb 18% 7% 2.070 _100 preferred Exploration Gold 7c 100 7% 28 %c Bridge 25c • _ Chibougamau 4,112 19 8% 1 Canadian Western Natural Gas Canadian Westinghouse Charter 7c 19 * 17 2.50 Dominion 1.05 • Vickers Pat 7c 6% i—« Central Feb 11 % 1 Railway Central 56 16% • Salt Del Jan 27c . Petroleum _100 Common Central 100 52'% 7%c Mines < Donalda 1 2 Mines 56 1 Seagrams Dome Feb • preferred Gold Disuliers Jan 7% preferred Corp 56 1 11% 2.50 common Canadian Northwest Mines Canadian Oil Cos. common Tire Mar 8 2.30 • Inca Canadian 11c 18c •: Dome 20c Canadian Malartic Gold Canadian Marconi Co Thorium Jan 6 * Gas, Petrofina 6c 5% Locomotive Pacific 24,700 49% Machine Canadian 9c 6%c ..,1 x 7 16 50c Canadian Jan 6%c 6% , Canadian 90c 1 Oils— Mines Jan 10% Hydrocarbon Industries 8%c 8% 1 Industrial Cariboo Palmer Dickenson Feb 10c Canadian 19% Jan lie ^ Jan 11% : Canadian ■' Jan __1 4-, 9% 3.35 Canadian ,W( 14% 1.52 Warrants Erin Devon Feb Mines 100 38,615 —: 10% Mar 7%c Mar ; 200 1.90 20c Jan 70c '. 15 1.80 preferred High Crest Canadian Homestead Canadian Husky Oil Captain Feb Mines.. 11% 1.90 • 4,200 200 52 Canadian North Denison Gold Mines 49c • 10 Feb Feb 697 ——__1 Mines 15 A.50c class Securities class Ice Deldona Delnite 73a 3.95 Mar 16% common 6.15 1.80 Jan Feb Feb 27c 1,065 103 Minerals 11% 14% 1.50 625" 36 %c , 18 —1 Brewis Horn Feb 83c Jan 4.70 15 Jan Feb 8c 1 4.10 Mar Jan 1.45 I Oil ._ Warrants Hepr Feb 14% ' Jan 4.10 __ ♦ <fc 2nd preferred Canadian Gas Energy Candore 75c 6% . Mar 1.50 • Products Warrants 75c 69c 4.65 preferred Gen Decoursey Feb 24% Jan 75c 20c 80c 7% -J. 4.00 Mar " Jan 69c * : Canadian Feb 6% 2.00 • _ Canadian 31 Vi 7% 3.85 • Petroleum Canadian Canadian 425 5,685 14,520 6% 1 Wright Devonian -Canadian 21% 74c 3 Preferred Canadian 32 2,695 3.55 27%c 8c .100 —... 4.on Mar Feb 24% 32% 71% 10,500 „ Feb 80c * Mines 11 Jan 23% 17% 7c ... Explorers 50% Mar Jan 14 24% 18 19 common pfd : Da ragon Feb 8% Jan 3.70 25 Canadian Canadian A Daering Feb Mar 65 Jan 13% 3.80 Food 437% 14 • Warrants B class Ltd Dominion class Celanese Canadian 13,021 Mar 10c Jan preferred Canadian Chemical Canadian Mines 7% Jan 62% 49% $1% Canadian Curtis Cusco 1.75 Feb 3.95 Canners Canadian Intl 13 Jan • warrants Canadian Crush 3.60 Mar 4,457 7 6Vic 20 warrants— Canadian Feb 16c Jan 7% common.*1 A Class B 16% 1.80 9.50 1 International 49 Jan 6Vic 1 Canadian Bank of Commerce Canadian Breweries common Canadian British Aluminium 1.56 5c 945 Jan 25,800 36c 28c 9.90 . —10 56'% Jan 49 13 16 155 Jan 1.10 Feb 48 % 12 % 17 % Mar 16% 5 ... Crowpat Minerals Jan Jan 9'%c * Zellerbach Crush 67 Jan 16% 1 Feb 94% Jan 17 %c Mar 1 56'% Jan Jan 77% 15% 1,450 • —^ common Nest Jan Jan 4.00 Jan 80c 51,604 21c 106% Feb 6% Feb 17 32c Feb 3.25 6c 1.04 27c '/4 Mar 5,000 95c 1 Feb 19 1,700 16% • Jan 3.20 Jan 17 ——* 6c Feb 12c 1.00 ic* Pershing Crown 19% • t— Ltd L) Crows 57% 11 Vic 12% (R Mar 91 120 49 1 class Astoria Jan 2.95 12.50 Wire 48% 1,736 ' Jan • common - Canada Canadian 65% 92% 29c 1 Petroleum Canada Canadian 66% Crain 1.60 Mar Feb 49 18'% 1 Mines Jan Jan 18 % 50c Mar 10 Jan Jan 104 * —_—* Mines 19 100 Jan Mar 6c ~ 15% • Jan 2.40 16c Jan 2.45 16 1.75 24 Canada Permanent Canada Safeway Ltd preferred Canada Southern Oils warrants Class 5%c Bit Craigmont F-o 6c 1 Feb B 19c Jan 4%c Jan 1,910 6c , __—,—r Jan Class 4%c 2.74 Zinc Copper Jan • 4 %c* * ——: 18% • 4%c —1 Mines— common.— 20% A Jan. 1.51 Mar 12c 8,581 Jan — Petroleum 14 class 12c 18,875 , 9%c West 430 Lands 6,000 13c Feb Sannorm 475 Packers 16c 1.70 12c Feb 200 Oil 14c 1.55 Jan 1.10 Jan 19 Warrants Feb 6c 24 Canada 78c 32c Gas Covvichan 29 Jan • 7,580 Feb 15% common 26,715 95c 25c 15 Malting 24% 90c Feb 24% Mar 4%c Feb 19 10 Jan 2.40 Feb Jan 4,314 23% common 1.80 20 3,200 15 Foundries Jan 68c - Jan 5c 19 Iron 4,943 13,162 ,xan 63c 85c Feb 28c 23% A 82c 2.30 54C Mar 39c 45c : , 4'%c * class 33,900 26 %c B 50 % Mar Jan 27 Jan 3.85 Jan 26 % Jan 18% 3.75 Mar 50 28% 20 Cut 13 51 > 101,725 27c Coppercord Ltd copper-Man Mines Copper Rand Chiboug Corby Distillery class A 1 7.90 Mar 50 46c 51c 4%c Exploration Clark Publishing Copp Jan 7.55 —* 4ic' 1.58 * Mines- Conwest 29% Mar 1 — Jan 22'% 1 Class B preferred.— \ Jan 1 preferred Mar 39c 24 Red Consolidated Jan 37c 20 19c Feb 1 Northland Consolidated Mar /4 7 40c 19 Jan 20c Poplar——_——1 Regcourt Mines.: 1 Consolidated Jan _* Canada - 4.o0 Mar Feb 12 % 19% 15c 6,100 95c 2 Mines.. 14,057 79c Exploration—1 Nicholson 19c , 2.15 — • 1 Mines Jan ' 12 •* Lake Foils Canada Dhimo Consolidated Foundry & Forging class A—_* Canada Cassiar 5% Mar Jan 6% Oil Cement Canada Cayzor Negus : 2.25 * Moslier "•nnsolidated 9%c ... Bread Canada Can Morrison consolidated Jan Mar-: 46c 45c 51c Ltd Jan 4.05 Feb , 1 Smelting & Consolidated Consumers Canada Crushed 4% 5% Mining Mogul Jan 177% Petroleum 1st Consolidated Jan 7 • Preferred V' Consolidated Oils _ 3.30 22c 21c ———1 Mac „ 16c 19c Arrow——1„ n 8%;. 15c ——,* Mines—a. 35% Mar 6c , 17'/a Chibougamau Class 1.40 Jan 5 Marbenor Jan 1 Campbell Canada 5.00 32 12 % — B 4Vic Mar 475 Consol 7 % 33c Iron———7 Consolidated Mie 8c 1.16 Mar 3,000 < —.—1 Consolidated Marcus Gold Ltd—.—1 25c Camerina Class Jan 4,506 5c 35V4 ——1 Oil Jan * - Mines Canada 1.29 35 Discovery Dragon Jan * - Petroleum Red •• 6c Mar 3.30 Mar * - class A Calgary & Edmonton Calgai-y Power common Gas 4.50 • — Dry Dock 35% /—*5.00 Extension 1.16 4%c — • 10,500 ' Flin 8 /a Jan 7c a Callinan 2.50 Jan 3.30 1 : 14 ,4 2.76 B Campbell Jan 2.30 1 Calvert 9% Bakeries— Consolidated East Crest n 1.45 Mar 3.10 * Cadamet ie ™al , 3,7®« *' 33. 8 15 .f1? ™ 1 Smelting Products Calalta 14% Feb 3,2 1.60 1.45 11 % 1 Gold Burlington Jan • , * Ankerite Burrard V , Consolidated Bellekeno Mines—^——^-1 —* Burns 8 Mines held Feb Mining Hill Carium of share 53 Buffalo Red Lake Bunker each Feb Mines.: Ltd for share i/5th Ltd Ltd 51 Building Class and , _ Bullochs Jan shares Mines 226 b Buffalo High 84c Mar 25c 53 Company Buffadison Jan Mar l/'20th Hill Keno Consolidated Mills class A dass United 49% 1 Brunswick 600 52% Chemical Reef 42% 25c 25c ,, 52% Columbia Brown 79% Mar - Packers class A——_* Columbia Bruck Jan Range Since Jan.1 LOW High 80 Forest Columbia Rights Brockville 43% Low * 77/4 Shares of Prices Par Mines 7845 320 ■' • ■ for Week Range Sale Price . . . Products—— • — Columbia British High > 50 preferred 5%% preferred British Low 100 - — 5% British High . Sales v Last Range Since Jan. 1 Coniaurum 100 _ 4%% British STOCKS Shares Electric— preferred 4%% Low Week's Friday for Week of Prices Par British (Range for Week Ended March ,17) Sales . Yellowknife Explorers Uran Mines — Minesj— Envelopes -class A— Ltd-— ——— 1 1 —1:_7_—1 * 16c ";4c 10% 4c , 16c; 4c- 5,953 660! 15V%c Feb 19c Jan Jan ' 3,320 •3.%c Mar /Jan ' 10% 11'% 1,380 10% Mar 11% Jan Volume 193 Number 6039 The Commercial and Financial Chronicle (1265) CANADIAN MARKETS Friday STOCKS Week's Goldale aye A Mines GoldfieldS:. Mining . : Maekay 20'Ac Low 21c 6,760 18 %c 25c 20c common. : 21c 15,100 17c 3,166 145 18 %c 27 43% :: A 43% 6 I f Feb 17c 121 Jan — class Grafton A_ ,___. Lakes Great Great Lakes 43 Jan 6 Feb ,45 6% Jari 6" Feb 7% Jan 14% Jan s 10c 8,625 Jan 34 35% 12 % 2,085 26% 10% 4,096 6.25 6% 800 5% Jan 44% 44 % 44% 5 39Yb Feb 1.55 1.60 500 65c Jan 45 130 2.00 2.00 2.30 5,880 —I Develop 11% 11% 11% 5,977 8.65 I 13 % Mar v 7 2.50 Mar Jan 45 West Coal class -Class * Great Voting __1 Gold 1st Brass Hardee 1st Farms preferred Jan • common —— Carpets Head 12% Red Headway Heath (Geo Feb Feb 5c Jan 7c Jan 8.40 Feb Maralgo Marboy 6c Jan Marcon 17% Hughes 11,340 115 55 11% 27c 7c 28c Feb Jan 16c Jan 7c Jan 21c Jan 4 % c Mar 11,900 Feb 6%c Jan 9c Jan 25c Jan 32c Feb 4 % c 4%c 1,000 4%c Feb 7c Jan 48c 43c 48c I,400 31c Jan 50c Jan 2.10 1.94 2.10 17,905 2.10 Jan 52 52 100 '—i'_* Gold 5 * 1.85 Jail 49% 6% 6% 10O Jan 7 Jan 25 26 4.875 19 Jan 26 Mai- 14 14 225 14 Mar 11 11% 6,664 4.30 3.50 4.60 8.875 • 42% 41 42% 2,290 1 * 49% 49 * 13% 13% common Co Class Mortgage A 2.56 11% ^.20 ± 7.60 Exploration $1.40 :••• 1 11% 10% 2.60 49 %.. 26c 3.20 - . .ill U • $1.25 • 4.60 Mar 42% Mar Jan 2.35 14% Mar 11-'* Jans- 9,398 11 % Mar 75 Jan 26c 3,510 13% 14 20% 20% 23% 225 20 % 20% 28 50 23 Jan •:>*- 1,710 Mar 10% 34 Va Jan Jan - 19% 14 Feb 20% Feb 19% 20 23 % Mar Mar Feb Jan 20% Feb Jan 98% Mar 97 98% 375 89 % 40% 42 % 18,557 "•37% Jan 42 % Mar 13 % 13% 13,607 12% Jan 14% 6 % 6 % 1,600 5% Jan 51 50 % 51 3,354 Industrial Accept Corp Warrants Ltd common—1* 25% .& Cement Co_ Natural Co preferred Gas Preferred 10 common — - -— 1 1,405 4.45 1,950 17% 17% 334 5% 5% 5% 5,265 16% 16% 280 1.70 2.20 8,020 2.15 35c Jan 43 18% Jan 4.00 15 Jan Jan 4.15 Jan 6% 51 Feb Feb 25% Mar 5.00 Jan 17% Mar 5% Feb 16 Jan 17% Mar 95c Jan 2.20 Mar 35c 37c 1,600 Jan 43c Feb 5c 4 %c 5%c II,500 4c Jan 6%c Jan 64% 66 8,937 57% Jan 67% Mar 5 44% 43% 46 6.376 33% Jan 46 25 47% 46% 48% 1,080 40 % Jan 48% Mar common-0 6% 6% 6% 305 6 Jan 60 60 60 400 31 Jan 60 5 64% 64 65 5,008 60% Jan 65% Feb • 2.60 2.30 2.60 13,755 2.30 Mar 2.80 Jan Molybdenum International Nickel U International Utilities —1 common Preferred Interprovincial Bldg Credits 29c 6% Mar Feb -• warrants 1959 _____ — Interprovincial Pipe Line Interprovincial Steel Pipe—: Investors Class Irish 37 40 1 95c Mines Waite Jan 1.65 1.65 1.70 5,530 1.55 Feb 2.70 11% 11% 11% 300 10 % Feb 12 Va Jan 65c 63c 68c 47,150 45c Jan 72c Mar Jan 20c Mining 36c 35c 38c 38,350 22c Jan 40c Feb 67c 62c 67c 29,350 60c Feb 89c Jan * Explorations Jellicoe 1 (1939) Gold Jockey 1 Lake Mines Joburke Club Class 27% Mai¬ 30% Jan 2,600 ne Feb 20c Jan 4,635 6 Jan 27% 100 12 %c 15c 6% 6% 1 6c 5c 6Vji>c 1 common 8%c 8%c 9%c 2,000 3.20 3.10 3.20 67,610 7% Mar 6c Jan 7c Jan 8c 10,486 Mar 10c Jan 2.50 4% Vo 5% % Quebec Jumping Pound Jupiter Oils Milton Kelvinator 6 %C 7c 1,900 80c 1.04 227,425 67c Jan 37c 37c 38c 12,717 36c Mar 14 12% 14% 161,908 110 114 100 102 590 100 105 V2 7c 15,500 8.35 2,275 7c 7c 7c 8,487 1.00 1.00 33 33 30 27% 15c 30 2.690 26% Mar 30% Jan 14c 16c 17,762 14c Mar 22c Jan 5c 5'Ac 1,295 5c Jan 6'Ac Feb 26c 26c II,000 24c Feb 36c Jan 2.27 25,210 * 36c 34c 36c 1.70 1.70 1.80 19c 20%c 2.50 12 Kerr-Addison Kilembe I 13,045 common Copper 1 3.15 2.71 3.15 6,250 Ltd * 16c 17 %c 18,350 11 2.11 41% Developments Labatt (John) Labrador Ltd Mining Lafarge Cement Class 3.05 Mar Jan 7% Mar Jan 4.70 Mar • 55 51 % 55 15,315 44% Jan 55 59c .46,868 Feb 63c Feb Mt Corp common Wright Iron Multi ; 1 Minerals Lakeland Lake Mines 3.20 Mar m Corp 26c 1 13c Rights Narna Creek I Mines National Drug & Chemical common National National Nealon New Mines Alger Athona New Calumet Davies New Delhi New Goldvue New of Lambton Loan Landa New Mines Latin Rights 1.80 1.80 1.80 1.92 1.76 2.00 76 76 115 4%c Laura Levy Little Gold 4VaC 1,000 4c 3%c 4c 3,367 3'Ac 28c 30c 2,575 28c 5 %c 7c 12,500 32c 34c 14,200 30c Mar 21c 23c 24,650 21c 9c 9c 5,250 8%c 8%c 800 3%c 4V2c 4,750 3'AC Mar 7'Ac __ 30c 32c 22c .>• 8c Mines __ Class B 1st class For footnotes, see Feb 11'Ac Jan 5c Jan Jan Jan 14c Jan 49c Feb 78c Mar 5'Ac Jan 7'Ac Jan Jan 9'Ac Jan 15c Feb Jan 45c Mar 52c 50c 58c 103,400 36c Jan 58c Mar New Mines Rouyn Merger New Senator New Taku Nickel 1 Rouyn Rim Nipissing 20,730 40c Feb 61c Jan 48c 6,000 28c Jan 48c Mar 85c 85c 90c 2,600 74c Jan 95c Mar 900 4c Feb 6c Jan 13c Jan 16c Jan 45 46 % 5,268 40 Feb 4 6'A Mar — 38c 38c 510 4c 5c 6,500 3'Ac 18c 17c 18c 5,500 17c 2.66 2.85 10%c 14%c 5,980 4%c 1,000 Mines 45%, _1 Mines 1 • lj' Oils Mining • 4.10 Jan Okalta Jan Oleary 2.60 8c 6,000 Mar Jan Mar Jan Jan 4'Ac Feb 7c 8c 1.99 2.07 1,100 65c 75c 2,005 32c 7c 2.05 25c common 7c 6,150 1.50 Jan A Oil 94c 1.04 15,267 78c Jan 35c 38c 8.744 32c Feb 1 Ltd 24c 21c 20'Ac 44c 44c warrants — 2.90 Jan 14'Ac Mar 5c 10c 1.05 1 Mines class Jan 2.25 35c » Jan 5c 21'Ac Jan Jan 1.00 • 50c Jan 1 Feb Jan Feb Feb 1.04 Mar 53c Jan 24c 6,500 Jan 30c Mar 48c II,750 40c Feb 53c Jan 42c42%c 5,150 21c Jan 49c Feb 47 Jan 48% Mar 50 48% 48 48% 370 : * 1.42 1.15 1.50 251,800 1.02 Jan 1.50 Mar Gas • 16% 15 16'A 18,445 16'A Mar preferred Ltd 13'A Jan 6 5% 6% 3,333 5'A Jan 3.15 1 Utilities O'Brien 4%c 36c 75c • Oils Northland Oka 2.85 11c 4%c 1 ' Ltd Oils Ocean Feb 54c 40c _• Northland Jan Jan 17c 48c Warrants Jan Jan 5c Feb 1,000 Mines Star Jan 8c Mar 13c 5c Rankin 3.00 Jan 4c 3,350 48c • Goldcrest 4.40 5c 1,900 15c Coldstream 17 %c 1,500 13c 5c Nickel Feb 5c 4%c 15c Northgate Exploration North 5c 4c 1 Canadian North Jan ____1 Normetal Mining Corp North 8c 5,900 1 Mines Northcal 8c 1 1 Mines Acme Gold— North 4%c 0 Nisto Mines Nor 8c 13c __ 1 Mines Mining & Smelting Nickel Jan 9c 7.150 15c 15c 1,500 3.30 3.45 375 3.20 2.75 3.30 2.75 150 2.75 15c Jan Jan 28 110 2.00 2.00 2.00 258 48c 45c 50c 63,900 45c Mar 67c Jan 56c 46c 58c 223,666 41c Jan 58c Mar lc 3c 336,850 lc Mar 3c Mar 18%' 1,288 18 17% 3.30 Mar <27% Mar 1.55 16 1.53 1.50 1.55 13,000 1.47 23% 23% 23% 125 21% 2c 2%c 2,000 1.85 2c Jan Jan Feb Jan Mar 29 2.00 Mar 19 1.70 Feb Jan 23% Mar Norvalie1 2.85 3.25 2,320 2.20 Jan 10'Ac Feb 7 Feb 3.70 Feb 17'Ac Feb 14c 14c 17c 32,000 2 23 22'A 23 2,220 10 Jan 1 8%c 8'Ac 9c 5,500 7'Ac Jan 9c • 14c 11c 14%c 8,550 11c Feb 16c Jan * 5%c 6c 6,000 5'Ac Jan 7c Jan 59c 66c 18,620 66c Mar 9% 10'A 3,120 9% Mar 11% Jan 11c Jan 20c : Mines Nudulama Obaska Mines Lake Mines Gold i Mines 1 Cement Rare * Metals— 23 Mar Loan Ontario Steel & Orchan Oshawa 1.83 1.94 ,6,150 1.80 Feb 2.20 Jan Gsisko 30% 30 31 1.151 29 % Feb 31% Jan Overland 31 % 32 3,570 30% Jan 32% Feb •••' Jan 39c Jan 13c 12c 14c 10,000 11c Feb 15c Jan 32 % 32 32 % 240 29 Jan 33% Feb 19% 19 19 % 355 19 Mar 20% Feb 113 113 94 113 Mar Lake 125 Feb 6.70 6.60 7.05 26,609 5.25 Jan 7.05 Mar 1 Gold 1.65 1.64 1.71 14,700 1.50 Jan 1.77 Mar Mines 7c 1 - 21c • 11 1 * ! ! * 5 8% 7c 1,000 6c Jan 7'Ac 21c 21 %c 9,125 21c Jan 26c 9% 11 9.745 8 Jan 28c —1 ; common Preferred 30c 1 Copper Wholesale 31% 5,300 100 Mines Orenada Jan 6,500 35c * common Ormsby Mines 3c Jan 9%c 10 Debenture Preferred Opemlska Jan 9c • Products 52c 34c 9%c 90c Malartic Ontario 65c 10% 5%c Jan 8c 1 Oils pfd—30 46. Jan 10c 18'Ac 11 %c 7%c 27% page Jan 27c Jan 8c 6,533 42c Mar 10%c ,.7'Ac Mar 8,750 8c • 8'Ac Jan 69,500 :_30 1st 'Jan Mar Feb 1 A Jan 37c 56,300 2.35 20 preferred 4'Ac 15c Jan 1.85 1 Groceterias 6c Jan 8'Ac 41,150 6%c Jan Mar 5'Ac Mar 3,000 72c 6%c Jan 44c Feb 27% Long Lac Gold Loblaw 8c. 62c 1 1 Feb 2.00 Mar 81 13c 46c 2c preferred Jan 35c Jan 1,152 Mines 1.30 Mar 64 2.45 8c 38c 3.60 Gold 1.80 Jan 44c 11,000 50c Industries Lexindin Jan 6'Ac Mar 14%c 9% Mar 2.30 3 Mar 15'A 1 3.00 Mar 3.30 Candy Shops 16c Jan Jan • Feb 2.15 ' Secord Leitch 7% Mar Jan 4c 28,000 76 8c 14'A 50 Manitoba Feb 7% 1 . 40,800 Mining & Smelting 1 New Mylamaque Mining & Smelt Ltd_l Newlund New 70c 10c American Mar 717 1 Mines Kelore 400 3.30 Silver 4c 9,800 50c _■___ Natural -10 Oil Langis Mar 14% • Canada Telephone Feb * Mines 2c 6%c 1 Karricana Oil Petroleum New Hosco Mines 16,085 * Gold 102,100 4%c I Mines New Jason 9% 1 Lamaque 3c 16c 1 Gold Continental 3.00 2.20 1 2c 10%c 14% 1 Mines New New 7% 44c Mines Feb 1 Bidlamaque 1.95 42c Mines Mines 66c 14% 1 Mines— New • _1 Mines- New 9% 42 %c Osu Jail Mar 25o Petroleum Ontario 34% Shore Luz 34c 52c * Trust Northern 24% Mar Jan Lake La 23'Ac Mar 47,830 10 National National Mines Jan Lake 50c 19,550 Jan Mar 56c 52c 6%c Exploration Hosiery Mills class B_ Canada 17% 1 Gold 56c 23 %c 27 %c 52c 1 Ltd Northern 31 1 Lingman 59c 1 Mining Feb 6,847 1 Gas _I - 2c Murray 2.85 Dufault Jan Jan Moore North 5,069 Jan Feb 15 Vb Mar Northspan 24% 5% 27% 75c Feb 34% 4,300 Jan 42 Jan 33 7% 25 Feb Jan 23% 7 908 " Feb Jan 7% 34% 7% 28 Jan 9c 24% 10 Jan 13% 13% • 10 common A 24% 65c Norlartic 18c Feb 1'3% 41 Vb Norgold Jan 7c Jan 138 Mar 12c Jan Jan 9 1,643 Mar • Exploration & Warrants Lake 16c 12,'A 4c 2,200 .40 Northern Kopan 41% J an 67c 88c Feb 27 2.55 14% 70 Mar 1,552 26% Feb Feb Jan 41% Jan % 27% 1.85 24c 66c 20c 12 525 27 Jan 11% Mar 5,490 '27% • Jan Mar 1.07 Mar 13c Feb 2.05 16,654 .26% class A 1.50 34c 14 V® Jan 11% 12 6%c 10 % Jan 2.28 Mar 14% Norpax 11% 11 Vb 6c A Jan 16c I,650 10 % 6%c 1 class ______j__ Norsyncomaque ~_1 Gold 2.50 10 % • Jan 2.20 2.35 Jan 8c 12,083 .1 Mines 17c 21,100 19%c 1 Jan 45 %c 7.767 • __• 1.60 * Mar 4%c Mar Jan Mar Jan common— Noranda Mines r. 6 Va Feb Jan 1.05 33 47c Feb : 8c Feb Jan 100 :Jan Mar Feb 9.00 Mar 33c Power Petroleums 12c 8,000 85p 33 9'Ac Jan 32c 11,205 Feb Mar 35c 6% 5%c 11 Jan 4.70 107'A Mar Jan 36c Jan 5%C Jan Mar Jan Jan 5c Jan 14% Mar 114 Jan 5.90 25 46c Jan 5%c 500 33 Jan Jan 1.04 Mar Feb 8c 6% I 6c 8.00 10% 9c 10 26c 3.25, 105% 107% 7c 8.25 5%c Jan 28c 20c 5c . Jan 400 1,343 1 Mines Mar 6c 12,300 3,000 * Canada 13c 11 45,600 , of Gold Jan 8%c 7.766 17,150 99c Warrants Kenville Jan 4,500 14c 7 %c 35c 11c 5% Jan 20c 12'Ac 10c 13c 11 27c 14,605 ,.12c 9%c 6V2C • 28c. 7% Jan lOc 14c Jan 17% Mar 33c & 10c 6% Mar 32c 1 24C 7% 102 34c Light 26 %c 4.60 Jan 45,100 1 • Jan 95 24%c Jan 25,600 * Warrants 15 38 Porcupine 25 Kelly Douglas class A I,100 2,430 102 168,180 3.25 Mar Jan 26c 17% 102 12c Preferred 51,350 1.95 26c 16% 34c Moneta 70 16 %c Jan Montreal Locomotive Works 82c 1,500 Jan 4c 95 '/a Mar 1.07 Containers 70 15,150 92c Feb Vb Mar lie Ore 76c 19c 3c 82c Mining Corp 70 3.05 Jan 30'A Maf Mar 73c 95 Jan 6c Jan 329c Norbeau 18c 34 3.40 11c Modern Mar 2.65 1,000 26c 1 ; Brick 10 19c 6,800 3c 3c Jan Mar 86c Mines Mining Jan 2.90 75c 95 V8 73c 95% 5c 26 Jan 18 34c City Jan * 35 Feb 1.27 2.05 Midrim 8% 15c 15,100 30 2.73 Mar « • Mines Midwest Industries Gas 9% Petroleum— 5%c 30 Jan 24 1 Oil 425 25c 5%c Jan 4'Ac 2.25 Midcon 1,110 1 8,540 28c Feb 1.28 Mexican 10 Ltd Co 2.95 1 Lake Uranium 10% Mines 2.75 Feb 3c Exploration & Development_50c island Mining 1 Mentor 10 Mines Mining Jan 50c Medallion Petroleums Jan Jan 15% 1 Lake Gold 10% 31c Red McWatters 10 70 13,630 Mar lie Mar 102 _* Red 10% —5 17V8 • McKenzle 80c Manville 16% 1 Grain McMarmac Mm Feb * ^ Mclntyre Meta 1.00 • 17% _iou Consol Lake Maybrun Mines Mayfair Oil & Gas__ McCabe 1,450 : —___10O preferred Mattagami 1.01 - Feb 57c • lie • common preferred Matachewan 1.00 50c - • 23 % Mar 1 Mines Ltd Jan 1 Corp Massey-Ferguson Feb 3.25 475 • Martin-McNeely 8%c 16,300 1 Mining Mar 26,143 1 Oils Maritime 5c 2.67 Mar 20c _1 ____; Feb 3%c - 100 Mines Jan Feb 5%c * common 40c 15,523 73c Jan 4%c -3,599 : Jan Mar 42c 2.81 1 Milling 95c 10c 15,200 2.80 • 12% Mar 54,130 7%c « Feb . 12 16% 100 ________! Jan Jan 23% ; 48 6%C Feb .132,020 6c 18c Feb 38 % Mar Feb 8% 3%c 1 preferred— 8.05 85c 23% , * Fields 9,200 2.67 .'..-'II 1 1 ; -., 7c . _j. 1 Mines 11c- , 2.70 • Mines 10 preferred River Barvue Leaf 10% Mai- Warrants Jowsey 15c 6% 27% Powell Ltd Preferred 10 B Jonsmith 27% —* Mines Ltd Preferred Jcliet 65c 56,820 Feb 35c Jefferson Johns Mar 1.00 10 Jamaica Public Service | Mar 40 —1 preferred Jacobus Jaye 43 Jan 1 Glass Mines Jack 42 Jan 31% 5,141 86c Mar 37 355 40 95c 25c common Mines Bay Iroquois 43 25c Copper Iron Iso Syndicate A Maple Mill 57c 4%c . 36% Mar 66 International v 1 25% 4.30 17% 20 1 Warrants Inspiration :-7-P . 25 4.30 . Inglis '(John) V .. . & Molsons Brewerv Class B 13% Inland • 150 20% Mar 66%- Jan 1,264 29 •';. 98% Inland • v 73%^* 13% 20% 32c 41% /, ; . 28 _25 —20 ___ 71% 28 ; Mar : - Jan 49% Mar Jan * r* • — 73 % 2.60 Jan 65 5- ~ Feb Jan 9.10 140 • 10% Feb —10 « 7. Mar Jan 45 8,310 73 Jan 35 10,985 11% 27c 7.25 2.375 • 14% 73 26c 5,053 11% Imperial Tobacco of Canada ordinary_5 -A' 6% preferred 1 _-_$4.86% : v . preferred preferred Imperial Life Assurance: Y.u Imperial Oil . 14 Jan 50c 48c 10c 1 Lake Sugar Manitou Merrill 20c Paper Erie HV2 9.95 — - 52% Mar Jan 6 % 25 10% Imperial Bank 10 Imperial Flo Glaze__—.___— * Imperial Investment class A Ji * >v 6% % preferred —20 • Jan 12% •r-r.-:, v 115 Jan 14% c 2,500 26 %c Blodel Manitoba Marigold Mar 18% Mar Jan 11 13c 2.000 7c 18 Jan 114% 11,500 16c Mar * Pitfield & 17 % 18 12,120 * Owens Huron Hydra 335 16% 15c 1 Consolidated Gold Bay Mining & Smelting Bay Oil— Hudson 18 ■ Ltd— Smith Howey Feb 6c Co___ & B Hudson Jan 4%c 4 %C ——5 Co & 7.05 4,600 6c 1 A Howard 13,011 115 1 Lake H) 7.50 5c . 18 1 Renfrew Home : 13 % 40% 750 Iron Mfg class A Consolidated Class v Jan Jan 1 1 Hollinger • 11% 30% 5c 57,500 20 Uranium 270 7.30 8c , isc Gold 1,820 7.30 7c 47c 51c Mines. A Malartic 36 2,100 10,577 49c • High : •£'•" 45% Mar 300 12 —1 Gold Maneast 12% 5 %c 93c 7%c Mines Consolidated 34 Mar 5.25 Mar 12% 3yaC Shoes 12 % Jan 10 _i Magnet Maher 14 3.50 340 _i Red 15% Mar * Oil Jan 47 Mines Madsen Jan 13c i Class 1.65 45% ia% -_-l 1 class MacMillan Jan 12% Bell Home 3.75 Mar Jan Jan 93c preferred MacLeod Cockshutt 11 12 Dauch Holt Feb 1.25 32-. Explorations Macfie 11 % 13c Hinde & 2.75 "I 5,505 . Jan 38-%- 12% Mines Macleods 600 13c Highland Holden 5% Mar r 30 «■". 35 11% - Macdonald 2,278 100 Mines-. Gold Hees Jan Feb 7,152 _ •__, Yellowknife 4,865 1 Mines Lakes of Lynx Macassa 5.00 5c Gas. Uranium 14% —* Minerals Gold Hasaga 4.40 I—. ^ Warrants 13% _18 Hard Rock Gold Mines Harrison Lorado 4.75 __1 preferred Harding Point 13% ._1 Mining Hahn ..Long 36% 47 _■ Range Since Jan. 1 Low 32% 38 * — warrants— Minerals 12% Mines Lake 8U5 — (M) Ltd—___ Long Island Petroleums 13% .10 ______ __U >Leeb 5.00 _____— Greyhound Lines Guaranty Trust Gwillim 400 Locana - ' 300 1.50 ___ A 13% Trust warrants Gunnar 3.35 Class B 13% Winnipeg Gas Greater /'■..» 1956 5.00 1.40 Saddlery_: 4.95 3.35 B West Gulch 5.00 1— A Feb 2.85 Mar ' Great Mar 44% Mar .' 1.00 Jan 41 Mar . 35% Mar Jan 44% -50 Jan 2.07 Mar -:Oy49% Jan 6% 1.55 -50 ne ;r';. ' Jan 42 Feb 15% Mai¬ Jan 1.09 1,2yd 12 —— Plains 4,418 1.91. 35 „1 common $2.80 preferred .Class B warrants Great. 125 47% — Gas Preferred Warrants .< 3,000 • 15% 1.71 47% ♦ common . Northern Great a. 1.77 • Power Warrants i. 1 : Paper Class .. Shares High 36 • Preferred Feb 155 85 7" 10c 10 %c — Mines Granduc y 15% — Grarndroy '-Mines • ;:-v Jan Jan 770 6 7 —— Low L®blaw Cos class A— 24c for Week of Prices Par Mar 21c Jan ' •150 —. class 19c 17c 1 — ' B Class ; •i. Sale Price High Jan Sales Range Last Range Since Jan. 1 High 20 %c Week's Friday STOCKS Shares 145 -*-1 ?j ; ___. Gordon for Week of Prices Low • Goldray Goodyear Tire Canada 4f/o. preferred 'I'M' 1.1 1 — (Range for Week Ended March I 7) Sales Range Last Sale Price Par 45 33c 5,200 27c Mar 33c Jan 5 5% 1,090 5 Mar 6 Jan 9 360 Jan 9 Jan 6c 8% - . 8% 11 Jan Jan Mar 46 The Commercial and Financial Chronicle (1266) CANADIAN MARKETS Week's Last STOCKS 80c 7,500 12% 12 12% 20,385 9.90 7.75 7.20 7.75 1.220 5.85 25 24% 25% 24 Jan 26% Jan Thorneliffe 35c 35c 500 28c Feb 36c Mar Tiara 40c 44c 31,550 32c Jan 48c Mar fidal 77c 75c 80c 28,956 75c Mar 8c 7%c 9c 12,000 6c Jan 10c Feb Torn bill 20c 20c 2,123 17c Jan 21c Mar Toronto 78c * Nickel -u uieuiiiF r. . —* —.— Warrants Pa„«, xtciciiici Palliser Pamoll —-20c Pamour • 1 ' 1 * Porcupine Mines — Amalgamated Paraer Mines <si Gold Toronto Toronto Star 15c 17c 16,420 Jan Traders 10c 10c 1.499 9%c 10 %c 26,500 Engravers Crow Gold Pickle Pitch Power Gold Provo Canada Trans Canada Jan 66c 13c Jan J^n Transmountain Jan Transcontinental Trans Prarie Triad Oil Feb 49c Mar 49c 15 15 100 56c 8,362 51c Mar 68c Jan 4c 4c 4%c 4,000 4c Jan 5c 40c 41c 17,800 40c Feb 33c 4,900 Jan 15 34c Jan 14 Jan 17% 3,497 40c 45c 10,800 40c 39c 45c 40c 1,600 38c 50 54% 55 1,018 2.40 2.30 2.40 7,150 3.25 3.15 10c lie O.i Mar Union 56 Jan Jan 5.40 7,750 1.19 76,050 1.11 Jan 1.39 • 28,066 Jan 2.48 4c 4%c 8,500 5%c Lithium Corp Manitou Mines Metallurgical Quebec Natural Gas i Jan 4c Jan 5.65 Jan 4.80 4.75 4.95 7c 7 %C 1,500 71c 69c 72c 25,613 Yarns Robinson 1.15 80c Jan Consol 8.80 6%c 6% 39c 69c 18,900 56c Jan 70c 23c Jan 30c 1.55 200 16% 17% 650 8.55 12,200 8.85 6c 7c 22V?c Corp Mar 13c Jan Jan 7 100 3.50 Jan 15 15 100 15 15% 10c lie 16,000 9c Feb 13 %c Jan 16c 15c 16c 19,400 15c Mar 21c 4%c 4 %c 4,083 4c Jan 6 6% 28,5°1 4.55 Jan 82 82 82 56 74% Jan 5%c 6c 73% 77% 11% 5,000 / 5c Mar 8,201 72 % Feb 6.05 Jan 150 19% Jan 1,475 9% Jan 10 % 14c 13 %C 16c 21,500 13c 4 Jan 100% 70c 12% 640 10% Jan River Gold 23% 13,845 18% Jan 100% 100% 310 99% Jan 100% 68c 65c Jan 75c 141,308 11% Jan 18 27,835 6.35 Jan 1.52 1.42 1.55 22,762 1.30 Feb Jan 17c Jan " 10 % A preferred B Risroe Slater 1 class & 40c 11% 788 Jan 28 42 7% 250 7 Jan 380 19 Mar 19% 220 50 Feb 51% Jan 760 21% Jan 28 Feb 12 %c 12ft 13 %c 21.900 12c Jan 22c Jan 10c 9 %c 12 %c 95,100 9c Jan 13%c Jan Jan 4.15 Jan 16% 4.10 820 1 16% 1,492 14 27C 38c 5,700 24c 8% 8% 125 43c 49c II,445 39c 39c 42c 6,199 8c 7c 8c 163,633 • ~ 35 35 35% 685 1 1 — "I" 20 j II" 1 III-l 1 Contact Mines Bunburst Exploration Superior Propane 76% 753,4 4c 4c 1,000 9.30 8.90 9.35 37,657 24% 25% 6,430 100% 100% 11 25 % ; I_II I_I— -1111- Preferred trust Territory Mining 20 100% 1.50 1.63 9,035 18C 3,500 14% 143/a 14% • —1 J Jan 16 %c 200 1 4c 6.90 1.50 40 645 5c 1.31 16c Jan Jan Feb 77% Mar Jan 5c 9.80 Mar 25% Mar 102 Jan Jan 61 Feb Jan 34c Jan Feb 7c Jan Jan Mar 1.67 14% Mar 15% 26 Jan Feb Feb 24c 23 Jan Feb Feb 2.80 Jan 3.30 Mar 3.80 13% Mar 16% 2.20 2,705 23c 25c 18,925 22% 22% 22% 35 22% Mar 40 40 40 20 40 55c 1.60 Mar 23c 59c 5,700 49 %c 52c 1.42 3c 22,293 17c/ 9;667 7i; / Feb; Jan '/• 1 1.65 Mar Jan Jan oc 30 /- Jan 15c .200 3.7% Mar Mar 28%c 6% Mar 48 75 39 J- 53c 2,800 50c 1.67 1.80 9,140 1.38 1.45 10,300 12 %C 13c 6,820 1.65 1.30 12c n 7 ' Mar 49- Mar 90c "Jan Mary ' 86c 90c 1.30 6.25 6.25 45% 6.40 43% 9,500 ;r 70c 100 Feb 1.30 Mar 3,478 46, 5.90 17,009 38% -1.80 Jan Jan 6.40 M^r Jan 46 Mar 79c 3.50 3.95 900 3.50 Jan 3.95 Mar 9 % c 11 %c 3.95 11 %c 44,200 6%c Jan ll%c Mar 2,949 69c 3c 5,000 "2%c Feb 4c Jan 23,535 7%c Feb 13c Mar 15c 15c 549 12c Jan 15c Jan 1.04 1.12 65c ; 1.10 2,65 13,360 2.40 Mar 2.80 : Jan 8,632 88 c / Jan 70c 3,200 28c Jan 75c Mar 36% 37 200 35 Feb 37 Mar 54c 53c 56c 10,700 41c Jan 63c 1.35 99c 1.45 36,712 95c Mar 10% 10% 10% 615 9% '32% 32% 175 1.50 1.50 125 36% 1 ; —5 35c Feb L45 Mar Jan 11% 32% Jan 33 1.45 Jan Feb Mar 2.10 Jan 680 25c Jan 49c Feb 92c 88c 95c 24,175 79c Jan 99c Jan 35c 35c 35c ■".3,800 28c Jan 40c Feb 10 % 10% 11% 2.800 10% Jan 18c 15,500 12c Jan 39% Jan class B * 50»i . 18c 38c .118 Mar —1 14c A 51; 45 • ; 53% 49% 54% 5,832 94% 1 94% 35 10 106 26 39,645 17 1.28 18,400 class 1.25 1.20 14c 16 %c Jan 90% 54% Mar Feb 95 26 Feb 1.15 Feb 107% Mar Mar 1.34 Jan 6,200 11c Feb 22c ? 9%c 13,200 8c Feb 12c Jan 5c 5c 4.000 5c Jan 6%c Jan 3,144 11c lie lie • •. A 41 Feb Mar 8%c l 23% 23% 23% 25 1 A class 51. Jan 21% 8%c 11% 19%c Mar Jan 1 ; .__ 9,363 107% 107% 100 ^_T 18 18 18% 4,785 8.25 n 10c Feb 23 Jan 24 15% Jan 18% Mar 11 %c Feb Jan 7.45 8.25 01 1.01 1.04 3,480 1 10%c IOV2C 11c 10,200 9%c Jan 12c 20o 4c 4c 4%c 60,500 2 %c Feb 4%c Mar 4 • . 1 ——L' 4,930 4.75 Jan 8.25 Mar 1.00 Mar 1.34 Jan Jan 5c 5c 5c 500 5c Feb _1 1.00 97c 1.01 21,195 97c Mar 1 Mines— Mines—. 51c 51c 53c 23,750 50c Mar 68c %c 4c 5,000 3 %c Jan 6c Feb 2.10 2.25 3,000 2.00 Feb 2.45 "J°n 11,500 17 %c Mar 21c Feb 21 %c 33c Mar — ! 1 3 4 • 2.15 Mines Metal Ton 13c class A_„ Electric J.12 3c 2.40 65c — Mines Mar 9%c 1 18c 18c 18 %C 1 26c 23c Mining" 26c 2,092 5%c Jan Jan 1.15 Jan Jan / Toronto Stock Exchange—Curb Section Prices Shown Are Expressed Friday STOCKS Asbestos BuJolo Canada Dominion & General Ingersoll consolidated Glass Preferred Dominion Lobl^w Inc * •" Flour Oreille Paper Jan 6.85 Jan 17 .17% Jan 1,561 16 Jan 545 29% Jan 35% Mar 400 35% Mar 39% Mar 43% 45 3,315 15c 15c 500 73 65 14% • 1 Jan 45 Mar 14c Feb 20C Feb 68 Feb 73% Feb 104 13% Jan 10 22 % 1,600 25 14% Mar 33 Jan 25 Feb 17V2 Jan 21 Feb 150 23 Feb 24 Jan Jan 700 30% Jan 34% %| 3,105 13% Feb 14% 21% -22 2,250 20 Jan 22 22 1,600 21 Feb 22% Feb F°b 14 Feb Mar 31 31% 1,500 31 Jan 33% 50 50 50% 950 47 Jan 52% Mar 50% 50% 100 50% Mar 50 % Mar 2.40 2.45 620 2.30 47% 47% 48% 885 40% 9 9 9 80 7% 7% 7% 190 50c 52c 12,100 42 42 40 . Trust 41% 50 % . Corp. Feb 21% *: Invest Gold Jan 35% 22 ' 1 Genl Consolidated 44% 39% 23% . • . Feb 17% 13% _ 37 35% 32 % 2.50 _ _ ' Canadian 5.95 14 Bros Yukon 2,098 20%: * common- Sangamo Third Jan 6.25 25 2.50 Ontario Mines 28% 32% 100 Price 8% Jan 1 A Preferred Pend Jan 25% 23% 2.50 & 6% 3,672 250 — B Minnesota 4,460 6.10 ' 7% 27% 20% __ Paper 7% 26% 25 ■» _. ■ _ 2.20 Mar Zellers 50c 41 — FOOTNOTES 25c Jan • No 25% Jan a Odd Jan 40 Jan Feb 67c Jan Mar 59c Jan 1.90 Jan Jan par Feb Feb Mar 1.45 FOR OUT-OF-TOWN AND value, sale t (not range). dDeferred delivery in e year's included sale,(not In year'# Included range), Selling ex-interest. ^ Jan. fFlat Jan 18c 'J- lot / 100 CM 0 ,-}■ * Range Since Jan. 1I i:Low High 39 14% -10 Linoleum Shares ' 39 73 15c : Products class 44% * * common- International Maclaren • . _ —' Oilcloth Co __ »' for Week High 39% 35- ».'2 • • , _ common ■ Steel * , _£ — 1734 •- Rand_. Oil Ogilvie 6.16 * Sugar Investments: Paper Dalhousie Dominion Class 7% I Dredging Canadian Hayes B . 39 27 Canadian Dupont * Dollars Sales of Prices Low Corp. Gold Canadian Range Sale Price Par Anglo Canadian Pulp & Paper Anglo Newfoundland Develop in Week's Last ' 57c 2,000 8% 1.05 Jan ■f r Jan 1.57 Mar 9. Jan 6% Feb 2.55 Jan 48% Mar Mar 9 Jan Mar 7 % 50c Feb Jan 42 F*m 65c 35 Jan Feb 2.00 1.70 1.15 525 37%-; 1.30 Feb 2.00 24c —1 "" Mines Jan 16%c 3.50 y 67% 50% 3.50 _50 Mines Jan 20%c 3.50 *. Jan Mar 130 415 Jan 9c 38,300 575 50c 52c 40,550 1 Jan Jan Feb 37% 7c 15 F^b 9 Jan 58 2.20 44c Feb 32c 23% 17 Jan Jan 5c 2.00 Jan Jan 5c 33 27c 143/4 Feb 26c 57% 23% 350 25c 6c 143/4 Ordinary 8% 28c . 23% • _ 2,629 • I common Mines 57% 76% 25 —— Warrants Hughes Gold 3.75 16% 100 4.00 30c _i A common—f,., Jan 19% _• Sylvanite Gold 7% 26 % 8% Iron Switson Industries G) (H Feb 50% A Petroleum 1.39 50 4.10 36 86c 34% Mar Jan 19 • Preferred Jan 1.12 25% 111—* Cons 28% 50 • 14c Jan 5% Mar —• 12% M*r 26% \ Sullivan Jan • . Sudbury 10% 50 • Jan 1.10 Feb" 40% Mar 10%. Jan.. Jan 3c /Mar Oils v. 3%c 48 Jan Mar 19 •11c 14,116 "; 1.35 " 3%c 8-20 2.60 — Ltd Bear Feb 11% 42 7 4,412 . 35 % Mar 25 j Sterling Trusts Sturgeon River Gold Voting Mar 25 • class Temagnml 24c 55 ' . 12 %C Oil—: Mines Jan 3,775 42 Preference Teck 47c 29c Jan 26% Steeloy Mining Taiircanls Jan 35% Mar 7 Bros Tamblyn 30%c 42 1 __l Nickel Supertest 7,846 26 * y—501 Canada stelnberp 25 40c 7,380 Ltd-. class 3 %c 9.10 .r Jan 23,994 Uranium Rock 35 % 38c 4.60 1.23 : -l;26 . Jan 34% Stanweli Oil & Gas Bteep 1,320 - Mar ,27% Feb 4.15 33 Wire Brock of 4.25 28c 20 Standard Rteel Zulapa 46% Jan 1.16 Paving Starrat.t Jan Jan 1.22 preferred 1 ; Foods Stedman 42 25 40,571 34% Union Oils Stanrock Zenmac 1 common.: Standard Stanley Jan 46 3.70 Jan , 1.20 1 Canuck 30% 3.90 3.25 34 100 1.20 * Zinc 6c Zenith 35% 40c Lead Jan 4OV4 Mar 35% 1.23 Gas—_i_il._l.281 warrants— 30 • - Mines A Yukeno 11% —J. Ltd Class Jan 3.80 46 Feb _1 1 Stores 10% • Preferred Spooner 132 26% . __1 A Industries Young A common Stafford 41 660 ;. 13,165 1 (J) Woodward Yellorex 4.15 40 Ltd Southam Wood Jan - 24 % Mar '1,800 25% Yellowknife ; Industries Southern Jan 46 50o — Ltd Somerville 40% 3.85 1 Mines Preferred Slater 29 Jan 129,673 ' • Larder Jan 27 250 1 Mines Mines 9,593 1 Dairies Simpsons 29 303/8 ,50 - Sigma Mines Quebec Silverwood 27% 30% 20% 65/tt 14c Feb Feb 28% 425 1.57 * Mines Jan 7% 35,704 28 12%clv- lie 1 Coghlan Feb 30c 4.60 30% 50 ; 83c Jan *. preferred preferred 10% 1.40 Mar Jan * 1.60 3.80 • Gordon Standard 9% 4.50 Mar Jan Jan 5% Warrants Mar Feb Mar; 21 cv Jan 85c 1.41 100 Yankee 69c 10% "19 ; Jan 27% 6 - Warrants Wiltsey Feb 6% 10 22,084 "/ 8.75 " ; _/ Jan 6,200 Feb 12C ' — preferred 51% 10,650 27 15c preferred Yale 121,025 Mar 34c Mar 3.60 .*14,160 / 27%; 27 3734 Wright-Hargreaveg 81c Miller B 4%% Jan 23c Silver Class $6 Jan 78c 17c ,24: 6% 4 class 7c 4.45 Silknit (Geo) 60c 78c 28 ' Jan 15% 2,216 1.40 2.82 Mar 9% Mar 100 8,597" 4.50 " 24 4% Jan Mar 20 Feb • \ 28 ' Jan 7c 700 10/ 1.16 .10 1 Inlet Mar 17C Class & Plywood Co Mar Feb 21c 2,500 18c : 5c 4.20 Class Jan 21,685 18% 35% "Hi Petroleum 38c 21c com 1.74 y 1.20 Petrol 14,500 4.45 ____ v 148,605 13 %c / Jan • 4.05 ; 172,600 • Power Jan 8.95 —I*. .,_Ii Breweries 44c 1 Silver Canada 5%c Freehold & 12c 15% 9c- 10 : i 5c 40 13% Mar 8% Mar 1,050 - 6% 17c .___ Copper Weston Feb Jan 24% Mar 4,130 • 34c 8c 6% 10 C i Products- 37c 560 V" 18 c'1 — Oil 5c 51 22c 9c • class 37c 41 34c 6% :_•> Western Surf 12% Mar Metal Water 2.82 -125. Windfall 1 6,600 18 Security A 2.26 4.45 Oil Jan 72c Satellite Bhnwlnigan 2.72 •' 1 Arts 20 .III —L_—_. 1. 1— Foods Winchester 12% 49 52c Jan 19% 134,580 12c I. 28 Nickel—— Canadian Jan 10 B0« 12 c 18% •1.40 Mines Western 23% Mar 15% Debentures Petroleum ' 20 —1 W. 1 Petroleums 13% 4.60 40 %c Max- 1.54 Ref Naco 12% Mar 22% 17% 1 12% 2,075 ' • -i & Decalta 24%c Jan 11% Gold 47,244 13% : Warrants Jan 12% 23% • 4,200 24% 1,045- " Warrants Willrov * 1 45c 23%. 44c — Western .1 • —_ — Western 21% Mar 97/8 ' pfd_ Petroleums Western 11% Mar 21% 9% Horsey common Jan __1 Knapp -Canada Ltdn.nt._Mining ' Western Jan 21% Gas Antonio Sherritt 8c 9% 38,429 B Explor____ Lake Westeel 77 % Mar 10% 100 Shlrriff Class Mar 21% Warrants Beven Jan 6% Mar • preferred Maurice 6c 77% 5c- 82 V.. 8.65 ' 2.50 Mirr- Westates Petroleum Jan 25 . 4.25 _ Mines. & Westburne Feb 10c 6% A Feb 4.00 ■r 75c Westfair Feb 1 1 class West i- 6.00 Mar Mar & Wespac Mar 6 ,• Webb Mar 6 common 23c I- Equipment Petroleums Ltd Weedon Jan —* Cement Jan 18% r_ class Prod G Werner Jan 8.85 6 A Alloys Amulet Wayne Jan Jan 6c 125 102,575 1.70 14% 1 7c- .11 Waterous 17% Mar Mar 7.40 15,072 7 Jan Mar 15c 24,409 41c 6% 35 %c 1.50 13 Jan 10 » Feb 19c — Cons Wane Feb Feb 4 Feb 340 40 24% ___ Corp Canada Walker 1.15 Mar 14% Mines Feb 40% Feb Wasamac Feb 14,000 19%c 50o 'V Barcee 1.15 130 — Lawrence .Tan 66c 3,700 pfd Violamac Mines Jan 14 % common 42 % Jan 36% common Fortune— Wainwright Jan 1.06 • Ltd Ltd • Lawrence 10 7%c —* Industries St Feb 58c 14% " Jan 38 v Jan * A 37% 350 39 Feb 1 Can fit 3.00 18c _* Ryanor Mining Sand Feb 100 V) Sapphire 8.45 8,360 17c 19 %c - 6,681 40 1 .. , Vespar Mines Ltd_; Viceroy Mfg class A__ Victoria & Grey Trust Feb 51 41c Mines Preferred Ban 9.55 1.55 16% —1 Royal Bank of Canada Roy all te Oil common St 9.15 9% 27c 28 %c 67c —• A class Petroleum Balada Feb Jan Preferred 5% Mar Mar Mines.— Russell Jan 44 12 %c 5c Mill Little Rowan Jan 45c preferred 2nd Cotton (/» Mar 1.10 945 8,700 Inv Ventures Ltd Feb 75c I,000 -1 • 1 Uran Mfg Robinson Rocky 49 14c 12c Jan 5% 7,600 44 13c Unoer 5.25 Mar Feb. 65c 26,491 49 1 class Athabasca Roe 8% 3.00 Jan 5%c 23,400 Rupununi Mines ,v.uciic 7% 2.65 14c 2 Rio Rockwin 8% 2.10 3,170 5c Algom Rix Vandoo * 1 • Rio Robertson Vanadium Mar 52c Chemical Riverside Mar 4c 5c Minerals Rexspar 22c Jan 49c Macdonald Reichhold Jan 5c Mines Mining Reeves 14c 3c 52c Rayrock 41% 38 _Yr___________ -30 New 2%c 19c 2nd class Steel Feb 12% Mar 59 % Mar 39% 1 _ Oils 2,000 16 %c 10 %c 5.85 Mai- Jan Y Jan 39% 58 * United 8,250 4.000 9.30 Ranger Oil Realm 10% 41% * Keno. Hill United Feb 5.10 2,405 V 330 24 United 1 Mines Uranium ttadiore 32,917 5.85 12% _• ^ Corp Fuel . —1 —* 1 Petroleum Quonto 5.50 Jin 59% * Canada United Mar 8c 3c 17c 100 / : Ffeb 16 12 • United 7c 7c 3.00 Preferred Queenston Gold Mines Quemont Mining Feb 65% 59 B Preferred Jan 4c * 4.35 of Corps "Class- Feb Quebec Quebec Quebec 64c Feb 5,944 * Feb 1.89 li 1 1 --1 1 • 1; Pipeline- Resources Asbestos—:— United Canso voting trusti.-1-j.I— Jan 2.45 Copper Jan 41,300 60% < • Mining United 3.60 Mar 16c 1.15 5.20 5.40 y Ascot Oil United Feb \ Quebec 5.80 1.; — Pipeline Acceptance Union Feb 2.90 2.30 Quebec Chlbougamau Gold Quebec Labrador Develop Jan 33c 125 - 64c 59 1-1 - —_ Gas ••nion Jan Mar 1.16 1 13% 57% 16 59c - 19C City Gas__ Mar 42c Jan 10c Twin Jan 18 Jan 2.20 •) 42c 59c 2.41 Ltd Jan Feb ; - > Tribag Mining Co Ltd Trinity Chibougamau Jan Feb 2.15 4,600 15% —* —1 5c 63c Jan 17% Ltd Pinelim Jan 87c Feb Jan Jan 59% • A —. Exp Feb 1.58 45c —• Ltd— Minerals Trans Jan 51c 54% Producers Ltd- Gas Purdex ; Airways Prospectors Feb 18 7 Jan 3c 43c :i2% 50 warrants 33 52c 17,805 • Ore 1957 Jan 1.12 class warrants Feb 5% 1,866 5,250 40 1956 Mar 41c 63 C * 48 10 %c Mar 2.500 4,000 4c 53c 4.25 Finance IIII B 15 10,600 6 V2 Feb 79c 4c 60!'b TTe. / ^ ! preferrec. 30% 10,800 1 20c Electric— Mines Preston 63c 5% 1.75 Mar Feb 48c Feb 64 v 50c • 2: preferred Jan 100 11c 1 — Iron President 12% Mar 750 1.35 17% Prairie Oil Royalties Premium Jan 18 1.25 * 1 Corp 8% 84c M# Oils Rouyn 5% 80c 1 Place Oil & Gas Powell Jan 32% 28,950 6 10 — ^ Class 13c 54c 1 * . Placer Development Ponder Jan Feb •80c Mlnes- Uranium Ore 13c 9c 45 10 %c —• Gas <te 1.34 Rights ?%c Feb 125 58c 62c 1 Phillips Oil Co Ltd, Photo 18 a 1 48 32% * ; Mines & 47% •? : common Oil preierreu Bank Elevators Jan 48 Mines- Oil On Petrol Mar, 8,675 74c • uta—- Dominion 2.92 12 67c 16 Mines -3.80 11 % 18,000 Jan 71c High Jan 1.10 4c 2.25 Mar 12 57% Jan 4.00 Mar 20c 885 JO« 3.40 Mar Mar 64 1.75 "IIIIIIIIl Park 800 15c 61 1.50 _• Petroleums 1,205 50 Gas Pernio Perron 1.05 64 Mines • Low High 1.75 Lundmark 1,110 1.28 > common common Peruvian Thompson 2.33 1 Credit Feb common Range Since Jan. 1 Shares Prices Low _ 3.80 1 Preferred Peoples 8.15 Ltd Canada 4.00 1 Penmans Texstar 2.30 Ltd Pipeline Feb 3.70 4.00 Jan Tpxaco 13% 3.55 Gold— Exploration Pembina Jan or Par Feb 3.40 Console Exploration Peerlesb 8,630 Jan High 80c 1 — Canada Consolidated, Paymaster Feb 50c 2 Drilling of Patino Pee 42c - Paramaque Palo * i uuea— Petroleum Ltd Pardee Low High Sales for Week Range Sale Price 78c ' Week's Last Range Since Jan. 1 Low- Par Pacific Friday STOCKS Shares Monday, March 20, 1961 . . (Range for Week Ended March 1 7) for Week of Prices Sale Price , Sales Range Friday . rCash sale (not Included in year's range) price. CANADIAN MARKETS Ex-liquidating dividends (Un) Admitted to unlisted wd When wl When x y a Mar i, y trading privilege#, delivered, issued, Ex-divldend. Ex-rights. IE#-stock dividend. ; % Volume Number 193 6039 . . The Commercial and Financial . Chronicle (1267) NATIONAL LIST OF OVER-THE-COUNTER SECURITIES following bid and asked quotations are obtained from the National Association of Securities Dealers, Inc., and other selected sources. They - do not represent actual transactions. They are intended as a guide to the range within which these securities could have been sold (indicated by the "bid") The Aerovox: Corp which have Air Products Inc—_—__—— Land Inc———___,1 ' Alside Inc Biltrite Rubber American Cement Greetings American American •: 27% 27% Co_100 1 21 14 % 33% 35% '."■■3677V _7.50 A 12%- Co_—: Anheuser-Busch —3Vs 44 V ■7 50% common.__.-__l 17% Participating preferred—_._3 57 % Arden Farms Arizona Co Public Service Arkansas Missouri Arkansas Western Metal Art Arvida Co Gas Corp Associated 1 7 ______— Retailers of (A J) Bag Co ...25 7" - Power & Water <fc Service Ltd Paper B Gas Central 111 Central Indiana Central Louisiana Central Marine Elec Gas Telephone Co Central VT Serv Public Common Clinton class Colonial Colorado $1.25 & Consol Consolidated Control Cook Products_^._5 Dial 7 Diebold Inc Diversa Inc $1.25 conv Donnelley Dorsett R) Dun & Dura Bush Co $1 of Industries Electric Electrada Corp Electro-Science Electro-Voice Co -1 i._— Erie Resistor _*1 ; Galvan Inc_ Mortgage 21 Microdot 59% 38 % '62% 58 Miller 6Va 6% 15'A' 16% 28 30% 22 % 2438 Co common Minneapolis Missile 19 Mohawk 29'/a 32 Nalco 531/2 57 Missouri Rubber 12% 13 Va 28 % 30% 12 13% 1 :—1 27'A 29% National 36% 39% New Co_£l 18% 19% Nicholson ._10c 17% 16 - 1 ,__—*'- •• 24% 26'A Class Gas B & Shirt North Carolina North Penn Natl Gas 17% Northwestern 24% 7b R3%- "*p : 75% 21% ; 70%' . 23%" Water Oklahoma Old Ben Miss Coal 'Otter "Tall Serv Service 6% (Newark)-25 100 57% 20 68 Manufacturers, & 59% Natl Bk St Louis Co (Phila)—10 - Trust Brook Nassau Trust Co (N J) of Natl Bank of Co^ River Co Detroit Co 66 70 34 37%. Westchester_5 National Bank of 62% 17% 19 Trust Co (N J) Trust 38 (Cleve)—8 56 (Chicago) 33Va County Trust Co (White Plains * New York) ___' 5 Crocker-Anglo Natl Bk (S F)_10 Empire Trust Co (N Y) 50 County Trust Co Federation Bk & Tr Co. Co 61 % 52 56% 72% 76% Bank (Albany) National Newark 7.50 & Banking Co (N 10 (NY)_10 25 Natl Shawmut Bk 125 of Bost__12% 63% 67 Vt Newark__12% 65 69 New 131% New of Eng Merchants Natl Bk_10 Jersey Bank & Tr Co—_11 44 41 45% 335 38 Bk Northern Trust Co 49 J) (Hackensack N 41% 5 22Vi 48 % 51% 39% 42% 61 64 % Provident 78% 82% 32% 42 47Vi First Bank Stk Corp 59% 63'A & Trust (Philadelphia) 20 Republic Natl Bank (Dallas)_12 Riggs Natl Bk of Wash D C__25 (Camden Natl N Bank First Natl Bk 10 . J) 6'A (Atlanta) 43 45 57 of 10 52 % 49 Vt 52 Vs Seattle 1st Natl Bk 30 32% Second Natl Bank 25 78 82% 26% 32% 34%' 23% 24% First Natl 66 70 Va 12 Va 13 First of Boston__12% First Natl Passaic 21% 15% : & 17 15% First 16% 20 %. 31 25%"' 27% 14%**'. "-15% 5% '' _1 y 10 - 46* v 38%- - v>6% (Philadelphia)_I0 Natl Natl Bk 10 of L Corn Bank of Natl I N Bk Bank Y„5 (Union Industrial •>.v • - v '•). National Providence Industrial R Co (N 57'A 76% 8 75 79% SterlingNatl Bank & Trust Co (New York) 25 63 % 68 (N Y)__10 30% 33% 2% 9% 10 66% (Boston) 60% 40 43 20 j. 33% 35% 61 64% Trade Bank & Tr Co 52 % Trust Co of New Union Bank of 20 Tr Co_10 City) 10 8 (N Y) __10 Bank 94 99 46% 49% 23 (Cleveland) — of Maryland_10 25'A Union Trust Co 18% 19% United States Tr Co 49% United 8tates Trust of Valley Natl Bk 47 (Phila)—5 23 25Vs Y) 44 Vs 46% For footnotes, see preceding page. 10% 71 53 (Boston )_10 35 20 107 (Phoenix Ariz)_5 61 64% 29% 69% 31% (N Y) 111 Wachovia Bank & Trust Co 50% 10. Jersey Commerce 45 «19% 41% 25 7 72 State Street Bank & Trust Co 10 Trust 24'A State 49% I Irving Trust Co 78 % Security Natl Long Island N Y_5 Bank of Albany 10 76% 85% 38% 10 Tr Co 59 74% 15 County National Bk Industrial Bk of Com 31 35 Bk (Chic) & (Wash)—20 York Exch New 72 85% 10 of Phila—10, Security First Natl Bank (Los Angeles). 12% Bank Hudson *32% : ' - Louis—20 Hudson 81%" * '49% V4 '6 VS Co Trust Hartford -283a , St Rochelle Harris Tr & Sav % 29% ' 26%-/ 18 .-5 « 27% 30 Franklin 6% of Westchester Hanover ""T--15 76 % Trust Girard - Bank City Bank (N Y)__20 Pennsylvania Banking of. New 22 VA 29 % County 81% 51 % 5 13% 12 Va 56 77 % 28 St Louis Union Trust Co First Nat'l Bank (Jersey City) First National Bank of 12% 70 151 84 76% 66% 66 of Canada 10 Royal State Bk of New York—5 61 % 80% Bank 63»A 142 Royal Bank 48V* 10 24% Bank Boston 49% 10 (Baltimore) Tradesmen's Rockland-Atlas Natl Trust & 37%, 143 _10 20 Philadelphia Natl Bank Pittsburgh National Bank Fidelity-Phila Trust Co 10 Fidelity Un Tr Co (Newark) __10 Fiduciary Trust Co (NY)_„_10 (Minn) 54% 34% Peoples Tr Co of Bergen City 355 ■ 51 Vt (Chicago)_20 39% Camden Natl Bk 42 Essex J) 36% First - Natl State Co Fairfield City 27% 20 •48V4 117% - National 11% Prod—10c' -J-. 44 114% National Commercial Bank & 59 Continental 111 Bank & Trust 7^4 177 10 116 _50 53 • , 29% 167 10 386 Co 47'A •'" 32%- ; Co (Fairfield County K 49% 16% 71%* - 27% 25 of 37% -- . (St Louis)__12.50 York 108 Trust 24 % 3. ; A. 30% . N Trust ; 68% 5 Guaranty New 34 . Y_—^—5 Mellon Nat Bk & Tr Co (Pgh )_2s Southern National 43% 17 39% J 5 (N Y)__10 Traders County 60% v.36% 10 (Buffalo) Meadow — 58% 55'A (Philadelphia), Manufacturers Tr Co 26% 56% Co Ask 56 Bank & Long Island Trust Co_— 47'A 24% 10 (N Y) Trust 390 -/ 10 10 38% y- 14 7% / Bid Liberty Real Estate 60%. 43% 373 Par , Kings County Trust (Bklyn)_l0'- - 73 Corp_, Power , First National Bank of Chi—20 First Natl Bank of Dallas—^10 ,■ 6% 7 59% 55 14% 19 Nuclear-Chicago Corp Ohio Ask Bid / 13% 2.50 13 % 5% Industries—1 First Natl Bank 5 16% 12 22 %. 38 V4 Northeastern Water Co $4 pfd_* 78 'A, 10 Commercial 1 23 5 75 % 35% Northwest Natural Gas Pub Bank Connecticut Bank & Tr Co__12% Connecticut Natl Bank 5 1 Co 40% 70% 35% * Gas 38% 11 20% Yuba Consolidated 7'/a 32 % 8 Coal 40% _10 365 Co 14%- ' Co Co Bank (Savannah) 10 City Natl Bk & Tr (Chicago)_25 First 1 ASsoc 13% 38 __5 Cleveland * V'T''16% 45"" " 49%' 22 V» 23%7- 50c Elec Co_! American 17% 6 39% 12% Wyandotte Chemicals Corp—__i Yellow Transit Freight Lines—1 57 % 16% 15 79% ■ 10 Light Co_10 Chemical Conversion Wurlitzer Corp—1 37% National Bank & Trust Co 50:% Oil Corp 5 Corp A com_50c North 18% 52 & National Bank 97% 1 & File 7 * -; 7 2% Shops of Del Gas 19% Wood Commercial Bk of North Amer_5 •"•: • common Eng Witco Wisconsin Power 69% 92.% 16 141/2 13% Assn. 10074 —A—2*50 National 66% 75% 3 71% 47'A Co Co National Homes 62 Trust 5 Narragansett Capital 1 1 Virginia 1 Company Chemical 5% 1 5 68 % ^ % 49 V2' 15% ^5 Valley Gas ©o_ Utilities 5 13% Electric Co 10c Valley Barge Line Co Mississippi Wilcox 1 7.50 1 Corp Mississippi Shipping Co 45% 78% Co 61% 183/3 5 18% 27% Gas Co 39% Inc— •9. 26 17 20 24% 57 66% 2 Systems 17% 74 Gas of Citizens & '4 25% ,_1 Western 66 i' 17 Morgan 7 -15% 30 24% 62% ' ' * Mercantile Tr 7V2 Inc Mfg Co 42% ; 5 * Laboratories Miss * _1 Inc Class A Miles • 5 Publishing Co Inc 22% 21 1 33% 31% Cos —1 57% 21% 15% - Natural 7% ' 6% < Telephone Co—10 & 51% ^ 7-7 .46V4 36 1 Pipeline Co.—* Miehle-Gross-Dexter Inc— 45% 1 Lines Mid-American 341/2 10 5 l 19 , Eng Western 7 Transmission., 39% - Motor Massachusetts 54 7-7 • • . 3V2 : Western 31% 20Va —2% Publishing Co Metropolitan Broadcasting Michigan Gas Utilities Co 57% . Brothers 9% " r"' 7 lc Western Lt 33 26% " * 3 Meredith 54 %' Financial Federation Inc„ 1 First Boston Gorp——10 Fisher 76% 21 '-• "■ 7 Westcoast 22 30% 48% 11% .' 29 % : Corp Fast 551/2 ;—2.50 Farrington Mfg Co__ Natl 38 %■ 8% - Emhart Mfg Co 7% Empire State Oil Co 1 Ennis Business Forms____—2.50 Feleral Merchants 4 ■ 24% •'••• 10 Va 20 36% < 33Va IOV2 r Co_—10 Manufacturing Co_* 5 26%— . 19% 50c Melpar Inc 51% Steel 2 T & 25 ','4 47% 72 Va 1 — Investors Electrolux Corp Electronics Capital Corp Electronics International Ets-Hokin McLouth McNeil Machine & 35% (Texas)—* Inc Equity Oil Co 19 Vn 24 Vs 23% —50c Inc Utilities Associates Economics Laboratory Inc. Paso 17 V4 - 31%~ - Maxson Electronics McLean Industries 42 V'4 „ L) Corp Name changed to 1 America— ~—2 Eastern El •* 24% 1 (W 22 Va _1 Inc 22 • —2 % preference Eastern 10% 14 1 . Dynamics Corp 32 :—2 Inc____ Corporation. Duriron Maxson 1 B.radstreet Inc—1— Dunham Mattel 9% -1 : Herrington Co Inc Maryland Shipbldg & Dry 12%' 273A t 40Vt.43'A 16r Marmon 13 " 20% -1/ 49 ' 25V2 ••• Point Central Natl Bank of Cleve__16 Centl-Penn Natl Bk of Phila—10 Chase Manhattan Bk (NY)_12% : yl West 37 Francisco) Camden / 22% Co 31% 35/a 5% 1 /' Chemical Bank N Y Trust Co_12 >79% Corp National Broad St ;;'i",y«-44 ;"t" »'• -. Madison Gas & Electric Marlin-Rockwell Corp - / y 21 13-' 25c Company Duffy-Mott CO; 1 Financial 53% 29% 25 6% 75% 25% 29% 7—5 Elecs Labs— Lytton 11 Co.—:_5 Drackett 7% 50 % Financial Corp West Coast Telephone 2.50 Works Boatmen's y<*i4y8 5% ._* Wesco 10 Products Bankers Trust Co 20% Corp 12; .1 Sons Ludlow 11% cl B—5 46 5 pfd— (R Lucky 15% "7 13% (Hugh W) & Co Inc__50c-, Stores Inc 7—1% 21% 32 Bros Transport A 1 Wellington Mgt Co class A—10c 40% Weyerhaeuser Co Whiting Corp Bank of New York Bank 18%- 7 41 23 30 30% 28% Co Bank of Commerce 55 y2- .1 com Co 21% Watson Co 37 Mfg Co— Hotels Delaware (San 14. .7 7l7 1 23% 5 1 common Long 17 Va 52 : 10% , 27 % Co Co 28'A 1 Bank of America N T & S A 7 10% -713% 7( > . 734% 1 lc 95 Va 7 7 9%:7 ._,_1 25% Washington Steel Corp non-voting Baltimore 46.t7/a ,.;3l%f . —1 21% Par ,36% , 44%/ 25 30% Swasey Bank and Trust Companies 34 7 30% 28% 19% 2 % 11% Co_3 28 % _10 Brothers Wash Natural Gas 7.7/ 11 5 Lone Star Steel Statler 33% —5 & Warren 36Va 10 Electronics 10 Va Stanley —1 Warner 20 Va _1 & Home Common y 24% 59% 51% 2 % 22 % 56 % Corp 25 Co 20% —16%c (Jim) 26% Inc 20% Walter 1 33 1 Liberty Loan Corp Lilly (Eli) & Co Inc Stanley 7 87/a 30 V2 —10 Co E) Fruit 19%. 23 Ine_ Chemical Sys 19 ?* % * Co 17% 46 Va 29% 63 9% 49% 42% 22% 18% Co 62 16% 1 1 Co 58 _50c — 48 Co Co V- 711 Plus Blower 7 -• . 3 Co Gas Freight (A Stand 49% 33% Gas_5 19% —5 — Utilities 19 Va 7 16 —_* Inc ______ Lau 19% Co—1 Co—— Corp 9% Lanolin / 18 59 35 46 • * 5 Power Power Eng Tel Carbon Staley 7 - 58 % . 19% Co__10c Screw 21 Laguna Neguel Corp units__ Landers Frary & Clark 14% 1 f—.___1% Chemical" Arts Dictaphone 30% , 17% Corp class A _1 Oil Corp——I Canada Tunnel Corp_5 Finance Di-Noc 23 7: 8% 9Vs 7 91 50c Bridge V 8% Machines—10c: Internat Koehring Co Laboratory for ■ Dejur-Amsc'o Delhi-Taylor Detroit 49 14% " 17% 54% Waddell & Reed Inc class A—1 • Co Standard 675 .7 Portl'd 7% Danly Machine Specialties—3 Darling (L A) Co-—______—1- Detroit & Inc Keystone 29 Vo _______—--5 Business Kennametal Colorado Nevada Dev Standard _* Kansas-Nebraska Natural Kearney & Trecker Corp r .36%' - . A . Von's Grocery Co 102 Va 7% Steamship^ Register _2c 17% 21V4 Ridge PrOp pfd —8 Craig Systems Inc___—____—-1 Dashew preferred 73% 23% 8 , 1 common Kalvar Corp Co — 46 1 Ketchum 13% 54Va 1 Kentucky 45% 34% 30% 97 V2 Co— 24Vs . 36% 28% 1 Co Water Sprague Electric Spur Oil Co , 198 22%; 34 2 16% 51% 32% Vance Mfg Co Vitro Corp of America 40% 14% 10 Vector 5% 15% , 37 Mining Co——_2 * 45% 15 Co Corp & Calif Speer , _* Corp Shore Oil Spector 12% 42 5% Gas Producing Co„1 Southwestern Elec Service Co 1 Southwestern States Tel Co—1 y Inc & 14% 5% 14 Valley Mould & Iron Corp^ 5 Sanders & Company—50c Vanity Fair Mills Inc 5 5 Va 4% Utilities Const ■ 32% 13 % 1 Corp 5 Cable Union 38V4 1-7185 7 _1 16 % '21%" - Co Supply 16 _25 Co Inc—— 4%; Utilities Water 69 Va __;——2.50 Crouse-Hinds Co_ 23% 4 Corp com_3 ; 27 • 11%. 17,'.35%y''f 7,;.7 .7 5, Co—1_ Corp $1.46 6 'a 15 %/ -1 Cummins Engine Jamaica 39% —5 ,1 4% So & New -7% , Utah 17% 42 Va 30 % Peninsular Power Co—9 Upper 16% 5 Corp 5% •' 1 16 % 1 States Truck Lines Inc_l United 59'A 15 % Sugar United 7% 55% * Southwest 71,25%"7 7 Va 6 %' 1 Leasing 4% 39% Servateria Corp_l States 2 Wire Southern 38 % .j 23% 1 Corp Southern 63^<M J67% 351/2 ,. 1 Service Southern Itek 32% 21% lc Company— Company Iowa 33% '■•'"• Co Co ——: Public 18 25 Coral Cross Iowa 5% _1 Corp—. Electric 48% Inc Steel Coffee- Co. Cook Ionics Steel Co—5 Rock 5 37 37 yA Investors Diver Services Inc— Class A common 30% Jervis Transp Lines Inc__l Data Vending Kaiser Light & Power Co.* Continental Securities Interstate Jessop Co___l Freightways Interstate 57 13% Commonwealth Gas Corp..—.—1 Connecticut 67% 31 _____1 preferred conv 1 30% Gas Gas Freight Sys Motor 23% & Elev Milling Interstate 30% 33 %c Interstate Oil 36% 16% 2 % Colorado * 12% Inc Colorado 1 Corp Engineering 7% Inc Power -9 V? % , 16% 6 % States States United 16% 25% * -■ Corp^ 1 Mil Corp-1 States Ghem 14% 24% 5 United 34 Vb . 15% Elec United 36% 15% Co___ Service Corp 6 Va 8% 33% 20c ,_1 Southern " Co_2% Inc Southern 28% 62% 60 % & Pacific United 21 56 '< 13- 1 Pwr 99 23% 31% 1 Gas Elec Lt & 56 22 Union Texas Nat Gas 29 Va 19'A 56%- Co & D) Tucson 40% 1 Southern ■7,-58 5% Interstate 45%, Product—1 Stores .7731% 7 (G South .6% International Textbook Interstate Bakeries Corp }. Skil ,• 4% 34% cl A__33%c 94 5 Fetzer Simplex 14% • 11% 22% 28% B .71 .__ "International Bank of Wash^—1 Internat'l Recreation Corp__50c • '•29%,. 90 7- 1 Water 21 Vs Gas States 35 V8 Gas 10 Engines Coastal 29% 27. 13% Co 1 Inc Foreman Sierra , Co Co Homes Searle 27% _* Prod & 37 % 27 25c Petroleum Seismograph ; Mills Indianapolis —1 Corp____ Corporation Clute Indiana 4 Va .7 25- Inc__3% A Corp Scott 34 Va . 17% 25% 94 Pipe Line Corp—50c Corp 50c Transwestern Pipeline Co 1 34% 33 % 52% Trans Gas Transv&l 35 Vb 24 \ Financial »" > 31 • Corp 7Va 34% 33 * Corp Trans-World 30% 16% Reid Scott 35% 32% 37% 31% l Tracerlab Inc 67% 28'A 25% 6% < 1 Towmotor 8% 2 Inc H) Tokheim 51% Co Mills Bantam Scholz Inc 1 7 54 ^ &„ Wafcer<_—_u^_* .jmj86% Co —10 29% Head 19 % 4% Chjicago Musical Instrument___l com 1 "units" Co Corp—6 — Electronic Corp Chattanooga Gas Co Citizens Util Co Oil Indian Trust Production 54%., 28% Co_5 Cetron 3 Va 54 Co..._10 Central 327-7 62 _-__5 Electric * _1 34 Co_—.10 Power Gas ,11% 7% ; 47% 8 23% ;'_* Co 13% ; •35% _i Inc " 37 , 7% 1 Inc Thrifty Drug Stores Time 24 48% Inc " *, 197 12 %• Thompson (H I) Fibre Glass—* 8% 44% Industries 17 34% Corp_7 13%. 33% 3 Tubular Schield 44% 22 % Thermo King Corp —___' Thomas & Betts Co;.— 63 1 25c 5 Associates Sawhill Therm-O-Disc 12% Rice Jacinto Sanders - "19% IOVB 4'A :—1 Co Gas San 39% 7'A 1 Manufacturing Rose Marie 36% "• 22% 1 Gas Myers Sabre-Pinon 12% 7% 5 Corp (H Rockwell .236 y, 4%. - ;> /,:,.' & 7 Robertson 10% —1 10% Co___3% Gas & /Husky 28% 20% - Products Corp_____10 Point Field Trust ctfs.— & 24 % 4. 18 preferred ______——24.50 33 Steel Electric Hugoton Hugoton 27% coni—_.2o Co__. 63 17% 7 class and 43% 51% __10c Cannon Electric 30% 222.' 1 Brand Robbins 33 Texas - " . 39% 188 1 1177 12% Mexico Roadway Express class /5i.% 9% VT- Stoker River ' 7* ■"11 1 Natural Riley * ; _1 41. 5 Co Natural /Richardson Co 53% ^ Purina Republic 37Vt 48 ^ 2% Corp Ralston - 20% 10c A 21% 9% Corp Purolator Products Radiation Inc class 43 % 49 Mr v New Inc 31 5 Hamp Alegre Sugar Purex Corp Ltd 117/ 3,4%-"-, 1 A Houston 18% 26% Superior Oil of Calif 1 Oil class Houston Oil Field Material Hudson Pulp & Paper Corp— Class A common ! ! 22 ___1 ___________—_ Co 40% Co__25 Delhi Cedar Engineering Corp Credit 59% Telep Co___12% Canadian 7 24% 7 28 Co—20 Canadian Central Voltage Hilton - • - 8% 17% Tel—L._5 Power Punta 34%^;V 37^4 " 12Va i''lWl3.% —_11 8% 7% 23'A 25 preierred. Oregon Carpenter High 7% 87 1 * of 7:113:7-7 V" ' Fearless common Co __ 5 Mining Houston 1 >V •— 1 Serv '""J 10% Texas Butadiene & Chemicals 1 Texas Eastern Transmis 1 5 Fund 34% 15% 1 . 1 Pub '24% Telecomputing Corp— 7»/2 Properties Inc of New 40% ___1 preferred—. 19% Interstate Ceco 55 class A Inc. Splendor 6% 18 California Mills Co Corp California Cannon 1 Corp Buckeye Steel Castings Co——* Byllesby (H M) & Co _.10c Inc Hidden V Houston $1.20 Water Heubleln 12 16'A ; 106 v/. ^__1 Ipc • 22% •- * America Co f"V.L.,. Techno - 2b % 37% Tappan Co. 50c ; Serv * Taft 15% - 6% 24% 32% III 19% 2>; Electric Co of Producing 55-Va'" ,ivl 23 Co 6 27% 3% Co Co_ Pubco Petroleum *;• 103 Inc_—-____ 1 Ind 15. Mfg Co____110 Bruning (Charles) Co Inc...—3 Brush Beryllium Co__ —_1 Calif 67% Curtis ' Brown. & Sharpe Cameo Helene Hoover Products California Co Aluminum Bryson Inc.____l & ;_______ & 38% Botany Industries Inc Inc Harcourt Brace 13% ' ' Potash Corp Inc. Genl 13% 51% 1 ~_1 14% 1 Gas Rubber Books Portland • ,J7ll4: 24% 7VB Pocket ,13%' 51%-; ;• . Natural Plymouth , Pub '•> Co 36% • Pioneer ' ',''V 109' Mining Harvey 51 Va „—1 Light Co.l , Lumber 12% 47 18 28 31% 1 2% 25 7 - ; 33 29 Inc Broadcasting Co Tampax Inc . Ask 30% Corp_ 1 Cement .32 12 V 7 Hathaway Instruments Inc.-1 Hearst Cons Publications cl A_25 , Pickering 7 . , Arner Wells 1 Bottlers 65 Va . 107 v 23 % 23 Permanehte 253a 185 General 26 Bid 1 .1.25 1 Inc Industry 7/24% _5 77% 7 : 6% 1 Co Corp Susquehanna Corp Swingline Inc class A Systron-Donner Corp —v.—, 25 »/• : Chemical Stubnitz Greene Corp 49 Va 29%.,,, 1 Stepan Stouffer 8% 46 % 5 Corp__ I 7% 6% America Petroleum Pendleton Tool 12.Va >29%' "12% 63 > Bowling Corp of America.__.10c Bowser :_ Co * Hannifin Pepsi-Cola V 9% , of Pauley 7' 33- '7. :.Av; 61 Va Controls—I. Parker .16%'' Hanna ' 12% —* Boston Capital Bowman & Inc___— ; 37 %" t ; r Hamilton Cosco Inc ___* Hanna (M A) Co class A com_10 Class B common— t__10 a 9 Va -5 •■'. 11% Corp Hills Chemicals Xerox Corp Co .43,% 29'A v Robinson Pantasote : '"'^2%,/c7 237/b 175' :.7V ___—_____T7__;l Struthers Gamble Packaging ■: 42 .•■-■ 11%^ _1 Strong Cobb 16 Va 14% 19% ' 22 1 — Inc__ Blllups Western Pet Co Black Interstate 9% 27 % 18% . Corp Black Sivalls Inc.: Haloid 50% 1/' ,•'.73 -;.•••• Hathaway Baryllium Capital 12 14% Line Mercury Electronics__90c 7 . i,;'14% v ;8%r 1, Hagan 108*, 7:25% Markets.——l7/; >; Manufacturing Co—1 Bros Inc ij. 30% 5 10 % 5 Pacific '• v 8%- ■ 34 Co—_5 Corp 4% 5 East Pacific Power & Light Co " •15%'. * 14% . Laboratories; Bayles Berkshire Power Corp 10 104 Va" Inc————_—1 Baxter Bemis Brick .7 13% 41V8 .__. Atomics Beneficial Mountain Growth Gulf Fire P) ; 13% 30 Corp of Calif.l ' Baker Oil Tools lnc__'___1—1 ;77 8%,. Bates Mfg Co.. __:_10 V u% Behlen Finan (A Grolier 133'a 47% j.—2.50• Azt.ec Oil A: Gas CO——;nl Baird 39 Grinnell ,17% ■ 13% ;• Ainer__l* Products Avon j 9% 7 Green 66% 12 Spring Corp.___"--__TO Automatic 60%' 16% Co—10 Green 24% Par 14% 3% Pacific ;•■ /',: -.13% Co 18% . 23 % Co—*.—5» Construction 53% . .5' 7/-6373., Power Co.___5 ? Gitin 47% Ask 13% -8% 8% Giddihgs & Lewis Mach Tool__2 & Company —_3_ __1 Glasspar Company class A 1 Glickman Corp class A L ^_1 14 '/8 7 •: Inc____—____4 Corp Gibraltar 38% " Bid » 1 13% Ve 8 __5 Futterman Corp class A— ___1 Garlock Inc. ___" __^ 1. Gas Service Co ____10 8%' Pipe & Const Co—__1 Sterilizer ■ Frito C 56 _—1 Corp. 12 cl A_5 15%''" 52 % ___2 1 Mach 25'A »- "7% 63% __5 iy 59% Co__ "'ranklin 12% 1 Corp Foote Bros Gear & Class B 1 .29'% 19 A—1 class Amer-Saint' Gobain Amer 25 23% 1*: A Capital Corp Steel Ask 1 class Florida Co American-Marietta Co_ Paper Florida Co_— Gypsum Governor Fitcnburg 9'/8 Corp_—____5 Express Fisher 1 8 Va ___——1 American American > 19% Corp——A—1 American ;67 18% CO—1 Development Radio Allied 62'/a _____X Bid Brewing Co Pacific Airmotive Corp Pacific Far Par 9 Va Origin of list is composed of securities wide national distribution. a Pabst Ask 8 —1 Aid Alioo Bid (Qucto,io„, t., F,id,y> M„ch 17) bought (indicated by the "asked") at the time of compilation any quotation furnished on request. The "National" Par Par .A or Industrials and Utilities 7 47 . . (Winston-Salem wells N C) 5 Fargo Amer Trust Co—Id ■, 73% .-jtfi 48 (1268) The Commercial and Financial Chronicle NATIONAL LIST OF OVER-THE-COUNTER SECURITIES Mutual Funds Mutual Funds— Aberdeen Par Fund Affiliated Fund American Business American Investors Ask Mutual 8.26 8.94 Shares 1 4.53 4.84 Fund 1 Insurance U17.56 25 00 26.09 22.19 24.20 15.54 16.96 (Medium B-3 Priced Bonds)-. (Low 9.55 10 41 B-4 (Discount * 1.65 1.81 K-l (Income Atomics Physics & Science Fnd 1 Axe-Houghton Fund "A" Inc —1 5.85 6.38 K-2 5.66 6.15 S-l Axe-Houghton Fund "B" Inc__5 Axe-Houghton Stock Fund Inc_l 9.22 10.C2 S-2 4.01 4.38 S-3 (Growth lc 12.70 13.84 S-4 (Low —1 10.19 11.24 Axe-Science Growth Fund Ltd Bonds) .4—1 Fundi Fund) (Growth Blue Ridge Mutual Fund Inc—1 Boston Fund Broad Inc 18.08 19.72 1 22.65 24.71 1 13.01 14.20 1 15.60 17.03 Stks)_l 15.46 16.87 (Income Com Priced Knickerbocker • Stocks) Com Stock), Com 16.23 17.55 1 6.39 7.01 1 Fund 7.76 8.50 13.49 18.96 20.50 Lazard Lexington Income Trust Life Insurance Fund Capital Inc__ Ins Fund Chase Chemical Shares Christiana 7% of Colonial Energy Colonial Fund Fund Inc shares — _1 17.80 12.46 com__1.25 132 138 196 202 14.56 11.51 9.58 10.41 10.19 11.05 Fund—1 17.56 2.66 3.91 4.28 2.79 3.06 19.71 1 Mutual 8.94 9.72 16.17 194* 20% y 18.80 Corporate Leaders Trust Fund— Crown 8.18 8.95 De Investing Vegh Co De Vegh Mutual Fund Fund _; Fund Stk Growth Dividend 66.31 66.93 Income 13.93 Stock 12.44 New New York 3.30 Growth 3.62 18.46 Stock ! Equity 13.68 14.6.1 8.33 9.10 10 20c Investment Fund Fund 12.18 50c Corp__l Fund Electronics Energy —50c Fund Balanced a25.00 8.60 Inc Inc of Canada 1 Eurofund Inc 60'% Nationwide 2 27% 29"% New Amsterdam 1 21% 23% class A—. Casualty- 2 New Insurance Co_—L-:—--—5 Hampshire Fire—: 10 35% 37% New York Fire Ins Co- 29% 32 North Shippers 10 Natl Life Ins (N J) Standard. Life Insur Co General & Forster (Ky) 2 Life 10 220 229 5 236 246 Northern 108 112 Pacific Inc 10 __ 87 Eagle Fire Ins Co (N J) .1.25 Employers Group Assoc— * Employers Reinsurance Corp 5 Insurance Co Deposit & 25c Fidelity Capital Fund .•—1 Fidelity Fund Inc —;—-5 Fiduciary Mutual Inv Co Inc—1 57 Phoenix 10 94 -'-98% Providence-Washington 10 20% Pyramid Life Ins Co (N C) 1 Quaker City Life Ins (Pa) 5 53% 56% 59 Reinsurance 2 24% 27 % Va, 9% 26 % 116 ■-v'' Govt ■¥ ¥/ 3.34 1 Globe 3.41 Gov Employ Life Ins Great (D C)_1.50 American Life 48 51 % 7C% 74 Hanover 1 16.27 17.59 Hartford Fire Insurance Co_ Steam Co_ —10 10 6.01 Home 5 64% Home Owners Life Ins Co (Fla)_l 5% 4.27 7.42 8.11 1 6.22 6.80 1 8.82 9.64 1 9.94 10.86 1 11.31 Insurance Jefferson Corp of Standard n, Amer—50c Life Ins 102 5 42% 46% 10 56% 60 Life & Trust stock 2% * Sec U S Co 21.97 Pine 17.27 18.67 Pioneer 18.63 20.14 Fidelity & Guaranty Co—5 54% 58 U 33% 36% 21% 23 Fire Insurance Lawyers Title Ins Corp (Va)—5 al5.64 14.50 15.85 Fund- 1 14.48 15.65 Figures after decimal point represent Street Federal 15.16 X7.48 8.15 1 —— al5.30 23.75 12.08 15, 1961 Apr. Inc____.——2.50 9.64 10.48 1963. 4%s 100.4 3%s Jun. 1, 100 100.2 2%s Aug. 1, 100.3 99.24 — Apr. 1961— 1961- 1961 100 Apr. 3, 1961 100 4%s Jun. 20, 100.16 100.18 Apr. 4%s 15.80 May 10, 1961—— 100.8 100.10 4s Sep. 20, 100.18 100.20 Jun. 12, 1961— 100.14 100.16 3%s Feb. 20, 1962 100.12 100.14 101.4 101.6 1962_ 100.28 101.4 1962— 102.10 102.18 15.96 5 Va s Sep. 11, 1961< 4s May 1, 9.07 3%s Feb. 13, 1962 100.14 100.16 4%s Aug. 20, 17.83 4%s Sep. 10, 1962- 100.10 102.18 2%s May * 11.87 12.90 1 18.02 19.59 3%s Mar. 11, 1963— 100.4 100.12 4%s Apr. 4%s Nov. 12, 1963—— 101.20 102 4s 3.01 10.18 11.16 1 Scudder Fund Capital Cerp Scudder 86c Stevens 1 19.6I 21.22 7.36 8.00 Group Securities— Merger of certain funds effective this past week Electricial E'quip 4%s 9.91 1 10.14 of Boston—1 Fund 1 7.21 Roe 14.98 Stock Fund Fund 11.76 al4.39 102.20 103.4 4s 1966— 102.4 102.16 3 %s May 98.8 99 11, 1968—— 99.24 4 %s Mar. 20, 1968_-—— 102.8 103 Apr. 10, 1969——— 103 8 104 4%s Mar. 20, 1969- 103.8 104 / Apr. 10, 1970—— 104.8 105 4=8 s July 15, 1969 104.24 105.16 Sep. 10, 1970— 101.8 101.24 5'%s Feb., 20," 1970——_ 108 108.28 Aug. 10, 1971: 101.8 101.24 3 V2S Apr." , 1, 1970— 97 5%S' Feb. 10, 1972- 109 109.24 5'/8S July 20, 1970_>^. 108.8 109 Oct. 103.16 104.8 1, 1970-1967. May 1, 1971 96.16 97.8 Fe;b, 15, 1972-1967, 101.16 102.8 Sep. 15, 1972 100 100.24 11.08 12.11 U. S. Certificates of Indebtedness and Notes Townsend U S & International a22.79 Inc Growth Fund —lc 6.89 Century Growth Inv. Twentieth 9.05 4%s 7.52 5.68 a28.67 Imperial Capital Fund Inc - United Funds Accumulated Fund—1 United Continental Fund—. lc 9.17 10.62 United Income Foundation Fund Inc 10c 2.73 2.99 United Income Fund of Boston Inc_ 1 7.93 8.67 Incorporated Income Fund—1 Incorporated Investors 1 9.74 10.64 Institutional Shares lc 11.60 Resources Fund Investment Co Investment Trust of Science Funds Line 12.14 Fund. 14.23 12.22 -—1 15.58 17.82 15, Aug. 1, 1, 15, 1962 Feb. 15, 1962 Feb. 15, 1962 Apr. 1, 1962 Line Income Fund 1 5.60 Special Situations Fund Inc 10c 6.60 7.22 Wall 5.66 6.19 1 100.8 2%s Apr. 1, 1963. 97.4 100 4s May L5, 1963. 101.30 100.7 1 VaS Oct. 1, 1963. 96.4 4.60 15, Aug. 15, Aug. 15, Feb. 4%s Nov. L5, 1963- 99.18 1 %s 1964. 4%s Apr. May 1, 100.25 101.2 101.4 3%s May 100.13 100.15 . -—„ • , ' • 5s 1 VaS 4%s May 98.8 1 Vas Oct. 98 1, lc America Istel Street Investing Corp 11.14 12.17 X12.58 13.75 1 13.59 14.85 Wellington _i Research Fund Fund 35.38 36.09 Whitehall Fund Investors Fund ..1 9.54 Inc (The) 1 10.84 Mutual Ftmd-1 Recent 1 16.35 17.77 —: 1 15.14 16.50 al4.71 Pid Lomb Opt 4%s__1979 122 Burlington Industries 4%s__1975 _ Inc Growth Wisconsin Ask 108 Carrier Corp 4%s Chance Vought 126 1 13.37 Fund — 1965- 1, 1965. Dated 3.80s 7- 5-60 4- 3-61 3.30s 8- 1-60 5- 1-61 9-1-60 6- 1-61 1C0.2 100.4 3s 7- 3-61 100.5 100.7 2.95s 3- 15.81 17.28 —1 7-08 7.66 3.10s 10- Can 118 108 Pacific Phoenix Petroleum 5%s „—.—1998 101 101% 318 324 100% Deere El 4%s__l986 5s (John) Paso Credit Natural Gas Corp 3%s— Fruehauf Trailer 4s 4%s__1985 102 102% 5%s__1977 115 121 133 Sperry 100V4 100% Texas 136 139 General Hotel Iowa Power 6s Sc. ww— Light.-4%S—1991 Kansas Gas 8c Elec 4%s liowensteln (M.t _1984 - & — 1991 182 105 104 103% 103 7 s 4.40s 81% 1-61 11- 1-61 12- 104.22 93.20 104.2 92.20 5%s 99.988 Jun. 23, 23, 1961. 99.981 99.982 Jun. 29, 30, 99.942 99.946 109 Apr. 6, 1961. 99.901 99.908 July 13, 77 Apr. 13, 1961 99.860 99.870 July 15, July July 20, 27, 101% Apr. 129 118 15, 1961— 99.841 99.848 20, 1961: 99.811 99.819 Apr. 1961 27, May May 99.778 99.715 99.725 99.668 :99.679 1961 18, May 99.768 1961— 1961: 4, 11, ' 99.623 99.636 6, Aug. . 3, 99.05 3,961 98 918 98.96 1961-1—'98 870 1961—1 __" ' 98*836 19611—1——-T_ 98*769 98.91 1961.—_ 99.575 99.589 99.526 99.538 Sep. 1961— 99.480 99.493 Sep. Texas Westcoast 103 100 104- 102% 102 3/4 Trans 5%s Aug. 31, 7, 14, 1991 1988 94 _ __ 1961 99.435 99.442 Oct. 16, 22, 19611: 1961-—III 99.3.79 99.389 Jan. 15, 1962 107 97% _ 15, 212. Utilities 4%s_ . New FOOTNOTES FOE OVER-THE-COUNTER.ISSUES ~ •No par value a Net asset value.-b Bid York Stock Exchange, t New stock, yield price, x 99.10 24, 1961— 1970 99 063 Aug. 1, X971 99.15 99.00 8, —1971- 1961— i_„—_____ 99.20 99119 — 99 015 25, 4"%s ~ 1961_ 99.25 99*166 98*967 Jun. Jun. 99.26 99 220 1961—_ Jun. . ; 99.31 99233 — — 196T-— 1023/* 110, ——J- 99 280 1961 10, 104 107 Ask 99.40 99.36 17, 102 y4 Corp 5%s_; Yield Price Aug. 103% Industries 100.5 Aug. 1981 S 100.3 1961_ 100% Texas Power & Light 4%s__ 1991 Textron Amer 56—_ —1971 5%S 100.3 4-61 99 341 1961 July 103% U 100.3 100.1 99 377 1961 74 .1982 5s 100.6 100.1 1-61 1961 1961— 102% Eastern Trans 100.4 2-61 1961 107 114 — 5-61 Bjd 99.987 Mar. ww...1967 ww 910- ... 1961— 106 4%s..1991 Ask 100.6 1-61 Treasury Bills .1969 5%s Bid 100.4 8- Ask —1985 West 80% 3-61 104 Valley Authority Underwood 103% 1-60 12- 22, Jun. Sons—1981 Rand Tennessee Corp 4%s_l983 Port Cement 5s 1977 Gen'l Tire &-Rubber 6s ww_1982 Cenl Motors Act 12- Mar. May 108 ,_ 3.15s 100.3 Apr. 104 '3/*« Steel Due 1-60 Yield Price 116 1975 100.1 Dated 11- .1973 ww Puget Sound Pr <fc Lt 1975 Hilton 92.12 3.20s .1977 Sheraton Co of Am 5s Ferro Rate 100.2 Bid 100% Gas Ask 100 United States Ask 104% 106% Chesapeake & Potomac Telep Natural 3-60 83 .197b 5s Bid Due Mar. 102% 1977 5%s Bid .1975 3%s Brass National Commonwealth Oil Ref 6s__1972 Consol 94.16 93.12 103.30 14.45 Fund—10c Ind Inc Bonds— Mueller 1982 4%s 94.8 1, Rate Security & Conv. Debentures Issues Bonds— & 104.30 1964. Federal Intermediate Credit Bank Debentures 11.85 — 3.35s Bausch 101.2 10.43 Inc Wellington Equity Fund Fund Winfield Johnston 95.12 104.2, 104.18 3s Investors 104.4 95.4 104.26 Apr. 100.15 104 Nov. 101.20 97.12 96.12 100.30 Oct. 98.30 99.11 102.2 103.30 Aug. 1%S 4 VaS 100.13 1962 - _ 101.10 101.12 ' __ 99.6 101.8 _ 101.12 99.9 99.14 . 1961 1, 100.18 101.8 100.23 -- x 1962 Oct. 100.16 Nov. Washington Mutual Boston—1 4.21 May 3 %s 6.12 1962 4s Inc 4s l%s Line Ask 3%S 100.5 1961 Feb. 1 _ 1961 Oct. 1 Va s 7.98 Bid 100.11 99.28 1961 3%s 19.37 7.30 —-1 May 4s 17.03 Ltd.——1 Canada point 100.6 1961 3%s 13.28 a Treasury Nol 1961 1, 1%S 8.77 32nds of more 1 VaS 1, Apr. 4s 15.47 8.02 or Maturity- 100.9 1961 1 VaS 13.28 Inc of Shares-1 Fund Fund Inc— Value 12.69 Fiind .lc Growth Value Value Institutional Income Fund—lc Intl 9.44 Ltd— Inst Foundation Fund Institutional 8.73 United Income 1 one Ask Treasury Notes— Inc— United -V Aug. 15, 3%s Ltd Canada of May 3 VaS 11.15 Fund Bid ■ Certificates of Indebtedness— 9.89 10.48 Maturity— Hamilton Funds Inc— UBS 97.24 4%s Figures after decimal point represent Fund . 3%s —1 22.85 l - 17.51 9.45 22.18 :1' 101.22 16.62 13.19 1 v 101.14 —. 42.44 16.20 8.67 Texas Haydock Fund Inc 99 15.18 12.20 12.26 6.33 — 40.44 1 Television-Electronics Fund- 11.19 10c 1966 19651— 12, a33.41 lc . 1965 2, 10, Dec. a38.55 7.79 Series H-DA 20, Jun. 4%s v 1 7.10 5.79 Oct. 99.10 4%s 12.85 — 1 lc 10c 101.20 4%s 10.19 1 Inc__ — Sterling Investment Fund Inc General Bond H-C7 101.12 Mar. 10.98 Series 1964 3%s 10.02 .1 20, 1 lc Growth Industry Shares Inc Guardian Mutual Fund Inc 102.28 Oct'. 4%c 1 Investment Corp & Farnliam Balanced 7.91 13.68 shares 102.12 * Investors Fully Administered shares Petroleum 1964—— 4%s alO 15 Street 10.81 lc shares 1963—- 20, , ■ 3%s a20.00 1.25 Inc__ Southwestern Investors Inc Shares—lc 1, 99.2 4%s Shares Trust (Edson B) Stein Fund (The) Shareholders Smith State Stock Fund_lc Capital Growth 8.10 Clark—• Fund American Sovereign Aviation-Electronics— Common 7.41 al4.06 & Stock Common —1 of Scudder Stevens & Clark Fund_l Selected General 1 Canada—_25c — " 2.73 —1 General Investors Trust —--1 2.78 lc Inc 100.2 ; 1961 1961—— 8.39 Futures 100.2 3, 3%s 4s 16.40 Investors > 100.4 —1 Fundamental 100.3 100.2 ————1 series 100.4 100.1 1961—— Fund stock 100.2 10, Apr. Inc— Quarterly Dist Shares Inc 100.2 Federal Land Bank Bonds^— 100.4 (Geo' 1 100 1961— 3, Fund Fund Ask 100.5 3 %s Puritan Putnam Growth point a 4%s Stock Fund Inc of Bid 100.2' (': '■ ' Natl Mortgage Assn— Federal 13.02 15, 32nds more 100.2 — 2%s Aug. 15, 1961—— 3s Sept. 15, 1961 wi—— 13.11 12.89 Growth May or 100 1961 26.03 _* Rowei 17, 3%s 50c Inc Apr. one Putnam Preferred 38 Banks for Cooperatives— 6.79 7.46 74% 35% Ask Banks— 3 %s 16.57 1 Inc Fund Fund Loan 3.30s 1-1 Inc Fund Street Home 2.59 2.53 58% •37 70 Obligations of Government Agencies 1 1 Shares 6.22 6.79 45% 34 Va 3 v_: 122 55% Life Ins Co in City of N Y—2 Westchester Fire 2 S S 2.37 lc 42% 12.23 Inc Ltd Philadelphia 20.21 lc 117% America—2.50 of 37 % 33 Va 5 10 U *15% 14 _8 Co_.__ Insurance Co of N Y__10 Jersey .66% 63 Y)__2 < N (N Y)_ Insurance Ins 10 Ins Guaranty Co United 42 108 Va 103% — Life 49% 45% 39% 2 preferred/ Travelers 2% . Co dividend— Accident Title 107 "76% Co.:—— Standard 6% 3 91 1 _10 Co 48 % ' (New Haven) Surety 25% $6.50 67 % Insp & Insurance. Insurance of Standard 12.27 5 50 1 Series Ex Ins Springfield Fire & Marine— Boiler 11.23 1 Series Security 65% 23.78 Hartford Seaboard 24% 21.98 Life Security Ins 85% ■» 62% 23% Co Inc_l Insurance 79 5 Fla)_2% :_ (Jacksonville Seaboard Marine & _1 Series 4% 24 11.47 al5.00 Fire 10c Bond 21% 4 109 10.45 _1 .. Insurance Paul Inc Common stock series!— 26 & Republic Ins Co _5 Employees Insur (D C)__4 Fund^——1 Square Mutual Fund—.— 16.00 Funds Inc— 24% 8% : - ____ Republic 64% 97% Inc Franklin Custodian (NY) Corp Fund Fund of — Fund Mutual 61 57 Mutual Founders 18% 50% 42 72 % ¥.91 5.18 17 47 39'^ —10 53 1 Fund 14.64 4.73 Co_ Insurance Co Growth Fund Inc_l 46% Insurance_<_-3.33 % Florida Industrial 43% Ins Co of N.Y____ 12 Va Florida Financial 2.50 44 Over-The-Counter (T 42 Amer_—<_1 Oppenheimer Fund Price 61 38% 10% 55 Reinsurance Corp.,/—10 Chemistry & Securities 21 19 % j 73% 70 5.7. —_5 73% 69% 5 29% 5 25 Va 69 % 9 Md of 49% 32 46% .65 —1 46% N Y__10 3% 43% —4 Fidelity Bankers Life Ins 23% 5 — Indemnity Pacific com..—1 Peerless Insurance Co_.l—__—5 Philadelphia Life Ins. Co 5 2"% . Corp Northeastern 91% Ins AA Fire Ri\er Co_—_5 Co Inc 42 Peoples Securities Corp Federated Growth Fund 146 57 & Accident & Line 40 Fund William Penn 138 Old Capital Fund Nucleonics One 10 Life Natl 1 —5 Bid 13.02 135 —5 Howard— & 127 Glens Falls Corp Stock Electronics Eaton 3V2 —10 — 17.16 — England 10.37 16.98 2% National Fire 15.88 Series 9.46 1 C)—1 2% 33 Series 10.39 25c 2 46% 6.25 Stock 11.35 Inc 75% 43% (Texas)—10 Series Preferred 1 Shares Fund Dreyfus 18.64 11.42 43 Va 70% 10 Republic Natl Life Insurance—2 Series 1 — 40 % (Bait) St Securities Inc—1 Fund Inc Delaware Income Diver Diversified Investment Fund Assurance_12.50 Life 133 Series Bond 12.67 1 Fire Monument 101 % National Securities Series— 18.45 1 1 Inc Inc Merchants <61 Investors Corp Dividend Delaware 51% 32% 93/4 126 ^ beneficial interest Balanced 1 Fund Income 10% 47 30% Natl Bankers Gulf Investment Inc Western Diversified 22.34 45% Firemen's Fund (S F> —-2.50 Franklin Life Insurance— —4 ; Mutual Trust Shares National 2C.48 _ 5 Va 46% 42% Bonding & Ins_5 Mass Indemnity & Life Ins 5 National Union Bankers 119 4% 43% General Shares Wide 116'/a 1 1 Foundation—1 Investing Nation : _■ Maryland Casualty 44% 24.43 Investment of split plus 25% dividend 12 Fidelity 17.48 Consolidated Investment Trust_l 41'/a 2-for-l Loyal Amer Life Ins Co Inc x22.60 Mutual '21.42 1 Ex stock 9 interest—1 Fund— Life beneficial of 15.95 17.39 __33%c — Mutual —1 16 21% 8% 49% Federal , 14.75 Stock Growth Inc.. Units Trust Investors beneficial int—33 %c Investors Fund lc 73 V* Insur 11 Crum - 69% Life National 45 % Casualty 2.51 — 13% -10 Life Insurance Co of Va 4.01 Mass 19.03 D 12% Massachusetts (Galveston) Assurance 2.29 Massachusetts 1 (Wash Ins Continental 3.66 shares of 12.58 1 B Nat 1 - Lincoln 14% 5 American Re-insurance Continental 2.42 Massachusetts 15.91 1 Inc Series Mercury Amer 54% 21% Inc 3C% Corp——-1 3.37 Transport shares 13.43 & Stock Fund Fund Concord Investors 51 % 20% 253/8 :_____1 4.30 Special Investment shares —lc 19.45 ——-50c Inc__ Composite American Ins Ask <Birm)__2 Ins Co of Tenn_3 23% 20 5 Assurance. 3.07 lc - (Newark N J)__2% 3.92 lc 5 Insur Co_1.50 Fla ) Home Amer Ins Co Life Natl 28 Casualty.5 lc lc Petroleum.shares —— _ Industries Metal shares 1 . shares General 109% Assur lc Electric Paper shares Stock (Jacksonville American Connecticut Managed Funds— 105% American Heritage Life Ins— Boston 7.62 5 Life & Casualty Life Companies preferred—'— American General Beneficial 11.88 investment Composite Bond 22.70 112% Fidelity Life Ins Co_l 6.99 12.49 income Commonwealth Inc 20.76 Liberty 108% —10 Bid Par 134 ...10 Fidelity & conv al6.31 12.23 Fund Inc Commonwealth $1.25 American a29 64 10.84 Inc Commonwealth American 1 11.31 new Equitable Ask 127 Insurance Comwealth Life 19.39 _____—100 Shares 1 Secu American 1 lc Inc Life Bid Surety——10 Agricultural Insurance Co * & Boston preferred Fund 17% 'IS.29 12.16 1 Sayles Mutual Fund Trust__——_1 : Fund 17.92 1 Fund Shares Stk Inc 16.50 11.43 1 1— Life Aetna Loomis-Sayles Fund of Can 8.12 Growth International Growth Stock Century 15.26 1 Ltd Insurance 16% —1 Investors & Aetna Insurance Co__ Loomis 7.43 Fund— Canadian Fund Canadian 1 —; 14.79 15.33 Ltd (1954" Inc— 13.68 13.99 Inc—;—_■——1 Fund General Canada Fund 50c Life California Casualty Amer —1 Ltd Fund 12.34 1 — Investment Street 10.11 10.08 —1 (High-Grade Com Stk Knickerbocker Growth Fund Bullock 9.26 9.24 —1 Keystone Fund of Canada Ltd_l Elect'nics Corp & Axe-Templeton Canada Trust__i_ 1 Aetna Monday, March 20, 1961 . Companies Ask Grade BondsV_1 B-2 1. Fund Associated Bid Par Funds— Keystone Custpdian Funds— B-l (Investment Bonds)—1 . (Quotations for Friday, March 1 7) Par 2.58 2.35 __1.25 Inc Mutual Fund Inc American Bid 25c . d Ex-rights, Ex-dividend, wi When :k Admitted . • issued, to 98*542 97*743 : -V : listing y Ex-stock 98.87 98.78 98.56 97.77 : on th< dividend, , Volume 193 Number 6039 . . The Commercial and Financial Chronicle . (1269) Bank clearings this pared with based us, the a week year ago. on THE COURSE OF BANK CLEARINGS will show increase an com¬ Complete Preliminary figures compiled by telegraphic advices country, indicate that for from the the week ended 5.9% above Our those for preliminary the corresponding totals stand against $28,687,879,409 for the this center there is 14.7%. Ending March 18— __ % + + 459.683,874 419,600,000 + + 851,035,170 days cities, live days 1st Boston 2nd — cities, one five days____ + $22,104,952,358' Our usual for 1,003,475,838 week_____ — to be there was Richmond —Month of of 1961 and Chicago St. Louis- 9th 5.9 International We $132,409,000 $110,029,000 $270,462,000 $220,154,000 11,878,600 12,575,500 6,360,500 2,000 bonds_____ York 1960 of 1961 1959 83,253,414 60,533,354 65,793,447 a 1959 months 4,143 3,750 5,289 4.C87 4,307 2,797 3,302 "2,667 •: 2,659 3,078 3,116 2,784 7 2,564 3,085 i 3,092 2,725 2,535 5,050 .... Boston .:.. Fran... Cleveland 2,316 Kansas City Louis.. •2,250 2,049 1,771 1,823. i;609 1,872 ■ 1,538 :• 1,5+3 "1,353 Baltimore A. Cincinnati 1,551 -* that .... ..1,314 1,313 A"' 926 1,167 | ':962 Feb. body of 886 813 1,117 873 824 902 1,157 1,284 845 957 993 1,071 ... , Jacksonville. 657,141,609 + 28.2 + 656,483,306 + 11.7 13.6 579,139,793 501,176,461 5.5 1,280,886,824 1.189,738,307 27,863,102,288 cities 23,399,499,185 + 19.1 23,630,297,986 23,321,452,765 11,077,132,725 + 7.5 11,421,622,366 10,587,463,955 clearings for the there was been Birmingham 7.8%, but in the decline of Memphis 7715 0.9% and the Philadel¬ in of loss trict In the Cleveland Reserve The Chicago Reserve District has to its gain of 7.2% and the Minneapolis Reserve Dis¬ 2.5%, but the St. Louis Reserve District suffers of 5.7%. In the Kansas City Reserve District the larger by 0.3%, but in the Dallas Reserve Dis¬ are the totals Francisco smaller are Reserve District by 5.5% and the in San by 2.7%. 1960 Inc. or 1959 $ 14 New -Month of February- 1961 $ Dec. % $ 3,836,568,109 Richmond York: 3,869,864,395 62,008,678,947 cities 10 " " " 8 " 57,503.235,992 6 159.222,089 8th 9 th 16 . 10th 6,512,565,245 10.856,609,801 3,33j8,624,472 2,997,876,487 " 1 " 2,925.599.035 14 12th " 4,097,024,099 4,426.498.328 6,190,990,368 116,726,720,203 York 2.6 - 4,047,165,012 5,564,825,863 A. 3,141,985,935 v 2,797,964,809 5,767,694,680 7.2 9,347,077,197 8,778,417,333 5.7 2,894.539,836 2,617,865,525 + 2.5 2.656,793,278 + 0.3 3,912,578,678 3,642,728,672 5.5 4,219,629,152 3,692,428,746 A-i 2:7 5,677,090,167 5,160,627,270 1.3 102,025,256,873 95,538,115,725 5.2 53,127,642,757 48,570,309,970 + — 59,661,046,704 cities City. 5,907,080,157 5.4 115T201,713,433 56,566,954,447 174 New 48,540,884.374 4,479,463.703 — 6,364,857,675 ' 50.578,715,424 7.8 — 4,685,592,707 " 7.8 — 4,083.131,759 " 18 San 3,146,909,439 + +'3,378,249.384 10,079,660,048 16 31 $ 3,442,608,666 —11.9 4,852,081,992 3,289,571; 877 1958 .+. 0.9 — 6,831,300,976 3.147.300.664 Atlanta 4,471,586,684 6,021,742,503 •*' — 5,160.691,313 2,357.577,364 ■ 9,526 6,428 5,610 5,919 6,386 5,960 6,447 5,822 5,441 4,798 4,619 3rd 4,719 4,651 4,415 3,969 Philadelphia 14 4th Cleveland 9,673,070,051 + — 9,965,070,202 15 " 12,995,666,731 13,739.867.864 8 " 7,046,163,546 6,829,335,482 - . 3,983 showing clearings by Federal Reserve Districts in the Two Months A 1st Boston 2nd 3,806 New 5th 3,954 3,574 Yofk____ Richmond 6th - four 1958 - S ' Dec. ; r/o years: Two Months ,. 1959 or ' " " ' • * $ " . : 4 ■' cities '1-8,238,263,404 10 ; months for ; Two Months Inc. 1960 $ 14 — two Two Months 1961 Federal Reserve Districts 5,715 3,726 4,031 ; We append another table '5,546 • 7,901,034,633 A 135,966.385,500 A 4.3 7,333,478,689 "6,988.716.294 + 18.3 110,870,052,931 104,786,055,086 + 114,917,889,848 2.9 8,886.987,780 12,487,466,448 12,212,338,417 3.2 + 9.578,198,704 5.4 — 6,649,365,250 12,167,581,311 6,234,030,985 11.358.904,186 19,951,689,402 19,389,471,837 3,407 Atlanta 3,477 3,194 3,080 16 " 7.th 13,412.323,693 4,127 3,930 3,745 Chicago 3,373 31 " 8th St. 21,788.188,958 21,899,874,093 3,611 3,350 7 " 6.833,133.675 6,809,948,005 + 0.3 6,191,820,827 " 6,384,454,355 5,986.021.985 + 6.7 5,764,377,469 5,240,854,282#- 14 " 9,021,724,993 8,483,421,969 + 6.3 8,335.028,235 7,922.340,633 11 " 9,764,310.467 9,657,741,732 +, 1.1 9,135,224,427 8,349,162 422 3,107 3,753 3,625 3,380 3,210 3,116 9th 3,412 2,944 2,641 2,454 1,980 1,944 Louis___ Minneapolis 10th Kansas 11th San ! Dallas 12th 2,341 City 16 ___- _L_ Francisco 1,626 " " 18 / 1,773 1,818 1,752 2,639 .2,475 1,932 1,743 2,208 2,055 174 York . , 5,908,511,685 13,426,322,184 cities 13,199,852,657 + 1.7 12,166,542,490 11,253 540,596 232,698,128,525 + 9.4 220,630,826,183 208,530,914,203 121,770,570,556 + 0.7 113,413,570,536 107,297,794,617 . ,1,572 2,184 New 0.5 — 2.267 1,821 Total Outside 1,588 2.538 '■•+; 0.8 : 254,550,007,557 1,787 - 1 13,308,070,055 122,603,428,709 1,662 1,699 1,866 738 812 ■ -A 601 A '7679" •r City 1,799 ' 567 1,454 1,480 1,880 1,709 1,604 1,753 569 1,586 1,424 1.384 1,295 -605 '* 633 1,530 808 ",1.487 1,408 '504 ,• 697' 1,246 1,296 1.326 ' 1,221 • Washington." J M . ;}. -636 :576 -7550 692 -■ (7' 522 i r- 711 - 632 532< .' .-608 Tot. 31 Cities -8,565 All.:. 116,726 Outside NYC •We 192,025 59,661- add now. :7,868 115,-201 56,566 . 94.157 '. 8,743 53,127 our "1,220 i;i4i 1,517 1,453 1,265 1,310 1,247 1,219 at— 1,079 88,391: .236,002 • 1,125 . r.i.170 -Clearings, Total All 214,682 203,693 -.,18.548 18,016 16,937 -254.550 232,698 220,630 208;530 48,570 -122,603 121,770 113,413 107;297 detailed - statement Maine—Bangor January February Two Inc. 15,990,602 14.502,455 A A 73,574.539 61,818.928 Rhode Island—Providence 58,388,510 , Hampshire—Manchester Toxal 414 cities) 237 250,219 20 224,900 162.500,300 Inc. or : $ .56.566,954,447 121,770,570,556 13.993,403 3,8:6,568,109 3,869,864)395 years . . 4,503,986 —14.4 9,285,669 518,334 + 42.5 670,642,773 4.7 + 2.7 4,087,000 4,309,697 1,622,693 1,*707~019 14.407,389 31,925,390 32,195,037 15.4 157,392,407 + 5.9 130,743,649 .— 3.7 756,696,669 22.366,373 — $ 7.4 14.874,379 + 1959 % 3.9 19 200,503 + or Dec. + 0.3 — Inc. $ + 5.6 3.9 8.5 b'- 486,128.979 45.652,200 . ? 349.665,000 ^ 41.926,500 344.562,300 ; 30,372,157 -29.063,073 8,238,263,404 7,907,034,633 - + - 3.2 0.8 $ — 3,747,898 2,592,887 6,497.474 . 12.8 • . 656,715,672 5.2 7,054,904 645,769,791 t ./3,296,281 3,234,593 1,960^572 , 4,124,082 — 1,451,113 ~4~9 + 10.8 3,722.367 . . 3 627.638 3,812,086 15.230.310 14.915,491 + 25.5 15,652,508 13,459,257 .+ 16.3 55,638,903 46,191.847 + 20.5 35.459,633 23,007,176 21,012,999 - 9.5 24 405,630 20,085,069 35.710,900 37.050.900 18.713,188 - ■;+ - 7.4 : + 10.3 ; 0.8 ' — :+ 8.9 • . • 13,341,722 " ' . . - .+' 1.5 + * 4.5 36,386,700 -. • . . ... 12.182,800 . ' . 12.368.233 38.710,581, » " 4.9 2.8 3,856,507 + 17.9 •' ,"211,264.353 • , + — 121,713,550 440 854:459 » 209,583,524 - 3.1 1958 - ; years: —14.2 - 133,498,602 * + 0.7 / 58,686,761 : 5.2 + Week Ended March 11——: 1960 , 6.3 — and for week ended March 11 for 4 6,386,197,593 + + 59,661.046,704 122,603,428,709 63,008,266 • Inq. or Dec. l/'o $ ; 9.4 + • 6,633,352,046 • - V 33,041,835 ; 62.109,523,852 '+- 1.3 1.2 + : 170.926.900 13.596,112 34,254,356 1960 •• 66,036,474,262 .. 1961 ; Dec. r/o A A 31,256,808 — 105.708,138 > $ 32,110,548 — 228,456 468 96.709.959 20.849,100 A — 63.761,183 , 1961 + 17.3 —' 1960 —14.2 , 15.149,832 4- 4.8 — 6,493.449 15,102,981 +• v. - 10,647,928 6,131,673 Bedford 1961 $ .v- 3.4 + A 15,218,747 9.135,824 ; + 28,715,320 Holyoke or Dec. '/c 3;116,189,015 . ll6,20i,713,4331 232,698,128,525 254,550,007,557 • 3.078.754,788 River 116,726,720,203 A months___ 117,496,415,092 :■ ■ -Jan. 1 to Feb. 28- $ 30,099.575 • Inc.or 137,823,287,354 " I960 16,541,656 Portland Massachusetts—-Boston _ —Clearings Outside New York- «- i960 Dec. r/'c February- $ Springfield Worcester A showing the figures for each city for the month of February and since Jan. 1 fof 2 1961 • Connecticut—Hartford A New Haven 7_A_____ "__ Watetbury v A " - 15,763 95.538- 1961 192,767 1,141 first Federal flesem District—Boston— Lowell by months for two years: as MONTHLY CLEARINGS < •1,177 504 * -Month of Clearings the years covers 1,147 Month— Citiefe-108,161+106,458 Other *22" following compilation ' 1,145 540 . . 597 A'577 The 1,128 " 578 Nashville New a 11.9%, in the Richmond and in the Atlanta Reserve Dis¬ 5.4%. a '8,227 1.837 744 +843 .673' • Milwaukee New of credit 10,059 2,061 ,71,019 981 714 876 .... Buffalo Fall trict of 1.3%, $116,726,- loss of a Reserve District of 2.6% Boston Reserve District " Paul,.;..., A ^761 Total District the totals show in¬ an " ... Denver St. 622,100,451 + 10,853 2,297 -689 ■"■■■* . 1958 1,758 < 584,035,383 707,424,017 + 101,233 2,298 ' Omaha 649,722,385 657,988,480 i"-' 559.696,155 8,853 •''r 829 718,362,585 18.4 1,301,841,097 1050 V, 1,183 735,499,202 635,725,255 107,217 2,647 753 •■•824, • 4.6 FEBRUARY -747 . 1,287,131.037 788,819,423 1,373,316,482 having Boston Outside 800 7 1,043,621,071 1,374,202,695 617,157,988 clearings houses of clearings 28 3,263 1,079 913 823 1,037 . .. Orleans Seattle '■ 1,565 1,486 1,129,437,526 1.8 733,441.494 44 month 7th 40,197,732 ' Richmond Portland 1,615 1,023 1,222 . Louisville New II,607 4.0 + 13.3 — 3,CC5 1,362 1,742 1,769 1,746 + 1 27.3 730,616,117 9,193 4,217 .r I,923 : 788,256,015 13,166,590,785 + 812.242,884 ■ 15 49,871,356 ended 1960 3,606 1,641 ..... 801,649,615 12,641,258,753 1,255,652,805 5,050 7 1,938 Atlanta s . 1,497,928,864 6,153 1,660 1,479 a; 1,645,836,593 (4 14 ' 1,733 . 1,305,291,682 6,633 Houston . ,. + 110,927 , 6,116 - Minneapolis. ..: 1958 r + 13.1 10,875 1,718 1,893 $ 1,563,173,053 8,949 131,946 • 1,774 1,984 IN 1961 2,086 2,243 1,678 . 2,706 2,151 .. Dallas Pittsburgh St. - . 1959 V —-—Jan. 1 to Feb. 28- 46,967 ,4,475- Chicago Sari CITIES 1953 48,897 4,140 Detroit LEADING * % 13.7 + 1,259,915,322 totals 2nd clearings for leading cities for the FOR 1960 55,540 Philadelphia 820,121,310 A*'A+1' or Dec. 700,710,534 44 of the summary For entire aggregate a Inc. - 11,903,836,219 February. the V $ 11 ,—Month of February— 1961 60,159 York 1960 •A 44 108 totals record 1st 1958 63,932,362 CLEARINGS (000,000 CLEARINGS trict 6th 92,803,996 February and the two Omitted) New BANK A -Month of February- in each of the last four years is shown below BANK District of 5.5%. serve 1,634,369,106 City. furnish also 5th 89,108,085 of City Reserve District a gain of 11.7%, in the Dallas Re¬ 13.6% and in the San Francisco Re¬ 2,000 -Number of Shares- month of Kansas 1.424,454,911 9 phia Reserve District of 7.8%. following: of bank register District 4.6%, the St. Louis the Minneapolis Reserve and the 1,367,249,270 44 6 of the The volume of transactions in share properties on the New York Stock Exchange for the first two months in 1958 to 1961 is indicated in the ____. In 1,029,894,283 Federal Reserve Districts January 18.4%. 793,734,412 $137,642,500 $116,391,500 $282,340,600 $232,731,500 1961 of totals serve 720,203 and the 1960 aggregate of $115,201,713,433. In the New York Reserve District the totals. register an im¬ 1960 124,465,716 Bank course the provement of 1961 181,912,081 5,233,500 District of 28.2% District 44 7 City_. New crease 1960 government The Reserve 1,342,005,015 44 4 Dallas the 60,533,354 Government Philadelphia Reserve 1,070,753,231 44 17 - Minneapolis— month Months 1961 misc.— and in the are 12,866,115,258 4# 7 6 — Total Bonds—• & 13.7% (including this city) the 27.3%, in the Boston Re¬ of 16,379,753,166 10 Kansas Outside on 92,803,996 shares— District expansion In the Cleveland Reserve District the smaller by 1.8%, but in the Richmond Reserve District the totals are larger by 13.3% and in the Atlanta Reserve District by 13.1%. The Chicago Reserve Dis¬ trict records an improvement of 932,690,215 ii 10 1960 follow: 'r——Two February— cities 9 Atlanta 8.5 + 12 — Cleveland 10th Exchange is appended. The results February and two months Description— February OF 1961 6.5 of transactions an District of 4.0%. totals increase of SUMMARY 11— 1 6th 8.5 — $30,386,326,164 $28,687,879,409 show District of serve estimated. an 11 0.1 + 1,097,154,506 monthly detailed statement Slocks— Total March York New 5th +10.2 75,485,772,545 $29,382,850,326 $27,590,724,903 day____________ cities the New York Stock S. For the week — 4th 7.6 11th U. has cases totals statement, however, which 1.7 —11-.6 683,859,682 421,356,705 5,017,379,190 Foreign all according to the Federal Reserve Districts in they are located and from this it appears that in the New York Reserve $ ' $24,365,471,136 Other Railroad 11. Ended 8th 523,517,281 A 421,651,929 five of ends we are able to give the final complete results of the week previous — the week 7th • cities, Number in detailed 7.2 Ten for week elaborate Week " 631,586,478 . all week Federal Reserve Districts 3.8 A 462,721,146 cities, the as which 499,185 in the samae week in 1960. Outside this city there was an increase11 of 7.5%, t'"e bank clearings at this center having registered a gain of 29.5%. We group the + 11.4 _________ Baltimore Total today, inasmuch cities by We 19.1%, the aggregate of clearings for the whole country having amounted to $27,863,102,288 against $23,399,- 3.8 826,839,905 912,090,000 '.A Pittsburgh all covered, 1.2 512,153,266 ___. Francisco Total week issue of next week. present further below + 14.7 — 435,700,000 Cily Louis All the of our ■ 840,584.979 i Cleveland in - ► Boston Kansas 1960 .. $17,593,183,103 $15,335,158,505 1,412,800,235 2,395,901,236 .1,143,000,000 1,188,000,000 details appear them of the the ended March At BY TELEGRAPH 1981 Chicago Philadelphia St. 1960. Our comparative summary for the week follows: York San in gain for the week ending Friday of a CLEARINGS—RETURNS Week New we last week furnish day In $30,386,326,164 week same last and at exact Saturday, and the Saturday figures are not available at time of going to press. Accordingly, in the above, the Saturday, 18, clearings from all cities of the United States from which it is possible to obtain weekly clearings will be and foreoing will cannot the chief cities of March year. 49 A 4 7 ' 29 . 824~3 00 + - 22.0 v 3,619,120 v.". 820,121,310 -r 3,313,240 932,690,215 9.2 + 13.7 . 2.814.807 .. 2,784,136 1 ___i — 0.9 + *4.3. ,v 801,649,615 1 788,256,015 The Commercial and Financial Chronicle (1270) 50 Inc. or 1961 1960 Inc. or Dec. % $ $ Dec. % 1958 1959 $ Dec. % $ Monday, March 20, 1961 . 1960 1961 Inc. or 1960 1961 at— . Week Ended March 11 -Jan. 1 to Feb. 28- -Month of February^ Clearings . $ Second Federal Reserve District—Kew York— 185,275,102 636,712,145 11,485,727 11,619,031 14,823,109 15,572,089 60,159,765,756 55,540,666,729 217.759,370 211,400,439 116,861,935 Buffalo 124,392,988 - Elmira Jamestown York New Rochester 19.7 ——- Syracuse 448,061,712 9.2 1,246,401,901 451,880,095 .1,296,548,098 1.2 25,033,909 25,426,123 4.8 230,702,817 578.245,568 Kew York—Albany 34,075,744 31,450,073 110,927,557,969 1':— — — 8.3 131,946,578,848 + 3.0 456,791,911 258,654,501 8.0 56,463,980 27,179,183 25,000,494 661,554,296 307,467.331 325,243,714- 391.994,555 379,746,857 + 3.2 57,503,235,992 + 7.8 Jersey—Newark Total 62,008.678,947 (10 cities)—— Third Federal Reserve - f 6,652,853 39,048,963 47,108,537 18,769,245 19,937,249 7,278,380 8,077,759 4,140,000,000 4,475,000,000 Harrisburg Lancaster Lebanon j Philadelphia .i; 3,465,035 2,891,309 + 29.5 15,959,266,069 12,322,366,460 12,208,675,620 8.7 47.944.356 41,743.444 + 14 9 42,358,608 38,145.437 0.3 29,816,213 27,008,605 V + 10.4 25,708,609 24,824,559 1.6 — ■ 0.2 96,950,205 + 18.3 16,379,753,166 + % -f 14.1 66,743,871 76,144,970 6.1 — + 80,507,432 . . , . . 112,866,115,258 , 73,913,868 77,066,455 +20.4 86.312 780 '.82,467,630 27.3 12,641,258,753 13,166,590,785 + 85,768,054 39,431,853 15,442,910 15 ,136,246 7.5 8,949,000,000 9,193 ,000,000 — Reading 21,523,008 18,913,447 + 13.8 46.950.1)8 30,630,762 34,039,974 —10.0 21 ,486.037 62,710,187 1,137,799 Wilkes-Barre 4^577" 73 3 2.7 4[483~317 + 2.1 4,oyl,056 4,03~L332 963.000,000 + 0.6 1,060,1 uO.0>.U 977,000TO66 ' 62,037,685 8.3 3,987,283 4 ,653,337 (a) 1,580,009 2.9 — 29,239,408 1.722,688 — 6,486,417 7,352,461 —11.8 14 261,792 95,161,560 106,378,342 —10.5 212,128,009 .218 ,502,147 61,472,035 64,248,681 4.3 136,336,451 130 ,692.038 4,471,586,684 4,852,081,992 7.8 9,673,070,051 Hazleton Jersey—Trenton — 5,989,395 cities). 2.9 23.865,247 21,096,718 4.3 18,944,185 11,793,416 2.9 ' 1. 1,070,753,231 — + ...9,965,O7jO,jj02>Vv — «. • 63.085,630 53,246,815 6.9 2,647,452,823 5,050,379,743 288,597,100 + 14.0 649,222,400 —17.7 36,313,956 7,255,105 —29.2 12,509,248 .14,326,901 +;'• 0.2 38,148,547 328,972,200 14,229,936 5,137,517 2,641,514,574 • 11,755.677 16,731,202 4.0 1,129,437,526 1,043,621,071 .' 5,441,147,478 " - - + 25.0 . 73,643,000 ;v 'i * - . x ; 266,854,549 537,035 234 502,285,775. + 13.0 62.363,700 + 15.0 11,541,372 9,794.015 6.6 14,280.818 12,758,683 5.2 454.9y4.850 426,377,490 1.8 65,155,100 . 11,619 225 280.516.809 1,374,202,695 1,287,131,037 + 527,306,542 4.8 — 13,469.742 5.2 0.1 — 295,856,631 . \\t; 527,649,742 11.8 + 280,473,934 ..' .. 7.2 — ' - 13,989,587 17,493,911 8.8 — 580.593,800 17,281,590 2,706.658,554 Columbus — 1,313,110,778 2,316,072,304 Hamilton .».123,588,539/. —14.4 1,222,362,215 Cleveland 22,-U 1.531 + ' • Cincinnati 17,981,498 lj.l + 60,6 .+ 1,029,894,283 ' 112,744,653 6,746,034 1 -Cleveland— —15.6 3,616 599 7,084,779 9.8 — ?;v'-A. Ohio—Canton ,7,287,984 —lT.2 6,745,662 ' — 3,735,523 9.928.844 3.3 —14.3 15 818,809 Delaware—Wilmington New 1~7 — 4 305,061 6.8 + 3,654,385 (a) - + 8,902.433 9,195,304 4.0 3.809.019 4,958,747 5,293,711 + 16.5 — 3* 862,739 63 ,100,627 16,523,629 (a) 28,377,921 Bois 1,950,763 2,595,385 2.0 + — - York •1.43'-.501 2,132,634 998,000:000 7.0 — 65 ,302,553 - 1,944,691 6.5 0.2 + —10.3 40 .310,659 .. >. — 2,282,552 1,970.424 —19.4 1,564,780 2,287,335 8.8 — 95 ,601,758 . 1,412,273 1,462,522 7.1 — 42 ,420,216 9.9 — — + 6.9 — .',14 ,015,608 5.9 — Scranton (14 2.444,342 6.8 + + 13 ,167,428 12,008,553 13,046,036 19,961,120 —17.1 10,686,433 6.3 —15.8 7,102,564 9,000,113 2.5 — 5,750,820 5.605,418 ' Bethlehem Chester Total 128,813,214 . District—Philadelphia- Pennsylvania—Altoona Dn 2,378,258 12,733,988,811 114,917,889,848 135,966,385,500 3,157,215 129,711,374 + 19.0 785,084,975 832,768,698 3,370,675 75,949,028 68,734,601 0.9 — r— 662,943,210 5.5 —.— Northern New Jersey—— Kew + r 57,362,978 — 2,675,775 8.3 —81.6 129,625,874 2,340,090 —12.5 192,286.582 128,492,103 1.5 • 259,307,535 ,« 35,428,485 3.9 — — , 420.328,792 6.1 — 0.8 — - + — " Utica i 57,441,300 • ' Lorain Mansfield 51,284.711 52,952,509 65,327,888 Newark 45,337,319 48,142,808 145,711,322 35,403,665 24,992,208 Kentucky—Lexington 29,877,225 30,395,460 West 17,853,405 19,428,102 6.021,742,503 6,831,300,976 Virginia—Wheeling Total (15 cities) 104,413,539 —10.2 ... 318.588,125 —15.4 25,624,543 City 93,747,853 .324.775,712, 3,606,916,814 3,983,853.639 9.9 74,849,192 2.5 — 52,986,451 1.7 73,989,593 38,932,539 39,750,642 —11.9 12,995,666,731 — — i + >t. e ■ v , t t;>r — 1,367,249,270 1,342,005.015 5.4 — — y- . 2.1 — 13,739,867,864. f. 1.0 ..+ . 439,335,905 416,360,634,*. , 1.1 , — ■ ■ > 5.2 — 73.281.143 8.1 , „ + . ,'V —.9,5 52,393,657 , — 14,147,356 13,208,218 .• 1,9 — . 78,944,993 — 11.458,149 13,175,576 —13.8 5.8 —13.5 39,283,224 Oil +.1.7 130,715,493 — 1,984,579,601 Erie —12.7.'. ■ 114,377,773 112,655,568 — 168,483,481 1,678,309,152 Toledo Pa.—Pittsburgh 112.419,207 5.1 —18.9 54,047,112 Youngstown • r> Fifth Federal Reserve District—Richmond— " West Virginia—Huntington 21,292,586 2.2 21,773,446 77,942,000 962,749,588 37,271.298 37,112,007 88,740,365 84,520,668 1,551,970,539 1,623,497,107 Carolina—Charleston Soutli Columbia _ Maryland—Baltimore Frederick District of 170,574,0C0 2,061,422,760 1,980.820,649 + 0.4 78,581,484 4.9 188,643,477 3,263,561.272 cities) 3,210,633,569 8,329.278 + + 4.7 ■ ,877 3,378,249.384 2.6 — 20,477,000 200,675,656 + :11.2 — 1.6 + — 21,713 000 22,341,330 7.7 + 229,604.545 181,718,993 1.0 9,933.159 8,753,079 + 11.5 3:3 2yl.8/6 370,198,671 —• — __ 344,135,514 383,794,671 V 1.6 — 8,921,619 8,830,094 0.7 + 4.710,693 4,949 023 5.2 + 20.813,090 216,215,232 ■ 15,959,181 8.4 550,266,290 3,289,f ■'"* 169,652,308 4.4 _ _ 78,053,805 + — 9,032,926 a '.7 c.l 186,854,000 3.7 ; 576,341,602 Columbia—Washington Total 13.4 90,001,000 926,980,561 Richmond 4,937,574 5,192,147 2.1 + 46,239,586 47,206,751 * Virginia—Norfolk 1 15.858,360 + 0.6 ,*.20,214,621 1,141,218 205 + 6.9 6,829,335,482 + 3.2 + 23 30.485,G75 27,975.136 + 9.0 30,483,514 + 5.1 143,417,569 121.061,597 + 18.5 130 436.016 123.813.277 + 3.5 430,300,000 322,300,000 + 33.5 390.100.COO 396,600,000 + 0.1 7,973,256 7,643.214 + 4 3 + 3.9 —13.5 il55~^949 6l280l808 2.7 270,305,765 285,395,203 7,046,163,546 159,225,268 121,227.141 + 3i..3 149 297.840 147,776,463 793,734,412 700,710,534 + 13.3 788,819,423 735,499,202 . Six ..11 ederal Reserve District—A"anta— Tennessee—Knoxville 130,799,078 Nashville Augusta 30,237,867 30,295 991 Columbus 25,387,725 26,397,281 Macon 23,912,008 29,937,000 1,157,306,633 Florida—Jacksonville 1,284,235,924 Tampa 164,126,716 — 165,331,198 993,377,962 1,071,910.664 61,342,521 Alabama—Birmingham 69,567,476 Mobile Montgomery 32,262,294 33,627,294 34.203.000 36,208,000 75,437,600 83,092,844 12.082,944 3.208.310 3.474,614 1,037,182,000 1,117,594,668 6,159,222,089 6,512,565,245 Jackson Meridian I. 2ou.027,860 3.' 1,310,984,739 1,247.210,497 3,753,000,000 2,625,800,000 + — . 0.2 ■79,552,846 :v'.. 64,344,895 64,424,021 3.8 56,781.850 — — 54.634 185 " —20.1 9.9 — - 52,958,891 0.7 364,580,606 7.3 61,218,794 2,639,799,790 2,568,570,851 2,184,652,251 —11.8 135,194,421 — — " ■/"v— V 351,170,073 +■» 2,208,931,841 141,576 312 - 4.1 71,052,553 72,979,000 75.023.0GO 9.2 161,461,729 24,375,339 — — ' Vlcksburgi_ , 7.095,582 7.2 2,298,184,000 Total Orleans (Id cities) 5.4 Seventh Federal Reserve Michigan—Ann Arbor ;; ; 16,638,843 16,673,549 2,797,122,000 3,302,468.000 Flint 39,400,199 13,412,322.693 756,543 — Jackson Lansing Muskegon Bay City j.. 79,840,368 53,057,170 r.63,621,000 0.8 1,424,454,911 Bend——i Terre Haute 2.8 174,078,397 165,627,855 0.8 39,304,356 39,599,606 — — + 20.1 44,178.761 114,444,885 44,696,697 —41.4 62,378.481 — 415,690,658 425,028,157 4L275 281 52,431,717 — — 2.2 855,946,655 840,215,869 + 92,519,804 94.843,757 — 2.2 44,039,649 16.728,150 + — • • "33,989^519 + lis 12,11/^192 11,8191505 +~ 9I4 86,474,030 82,6551000 2.5' 10,569,632 10,181.101 3.8 10 983.907 9.718,010 4,517,600 4,889,999 7.6 4 892.343 4,061,839 145^451,436 146l7~49l741 0I9 139,083.720 129,3841132 2.9 102,923,322 1,453.272,786 + 4.4 + 3.1 + 13.6 4,915,096 4,302,179 0.4 8,251,489 — 8,430,039 ....... Ames — 2.9 2.1 74,245,151 69,848,030 + 6.3 8,730.214 8.9 514,803,518 468,308,039 + 9.9 59,731,914 + 2.6 179,020,899 157,992,905 + 13.3 19,590,148 19,904,599 + 21.0 10,950,108 4.319.659 13.691.156 8,839,532 5,050.859,683 7,742,382 5,289,352.461 Decatur 32,166,067 Peoria 69,419,491 ;-l < 32,802,069 29,684,727 (31 cities) . 7.106.210 61.091.491 48.880,259 1.6 21.217.320 17,245,788 + 10.5 18,269,771 14,943,601 •+22.3 1,606,336 1.342,602 4.5 10,875,354,542 10,858,241,265 0.2 1,212,042,163 1,161.021,019 29,808,722 7.9 71,801,056 + 11.5 7,012,656 6,376,107 68.834.260 0.8 139,244,959 — 53,179,729 0.8 29 250.640 8.2 " 10,079,660,048 1,570.751 1,653,586 4.4 1,223.688.042 1,111,598,290 7.083.255 06 15.180.458 14 027.166 + 8.2 17 931,330 7,656.510 15,265.963 110,271.073 3.7 13,322,663 12.197,794 + 9.2 11.514 306 , 10,498,580 + 11.9 7,911,289 6,092,282 + 29.9 6.444,971 5,952,645 0.5 1,634,369,106 1,563,173,053 + 4.6 1,645,836,593 1,497,928,864 0.6 382,400,000 338,900,000 + 12.8 365,700.000 340,600,000 ' 63.976,338 6,735,951 7.2 21,788,188,958 21,899,874,093 .3,497,799,189 — 7,219,942 7.1 + 1:J.6 + + 10.1 10,85(^309,801 + + 10.0 + 64,403.599 , 71,606.261 3,490,151 + 138,388,901 . 114,352,853 31,647.659 3,138,785 Sterling 8.) 3 4,791 14.4 — + 20.7 9,070 342 9.4 + 14.2 + 53,631,139 Rockford 7.5 + 52.211,366 78,862.367 5,226,246 — + 8,124,557 4.4 + — 35,537,802 14.982.854 Illinois—Aurora — + 14.2 80,925,650 City + — 8.9 225,563.426 I 11,8041985 13,~6~9~4l499 245.624.583 — Moines 19,2T7lo.76 ll,3ol,156 . 74,788l000 112,051,473 18.230,172* + 11,7 jO.621 1.6 + 13,9~43l393 1,517,301,344 28,084.842 3,677,102 0.5 — 81,792,000 2.1 18,804,408 2,049,099 3,350.456 4.8 2.7 27,156.946 3,692! 782 li,3~6~5l489 2.996.494 1.9 1.4 + 1.0 — 171491,751 11,5441555 5.1 + 42,792,672' —18.6 8,436,607 2 327 338 Manitowoc Total 129,479,483 258,370,507 —12.4 51,328,177 13.612,605 Oshkosh 127,614,774 : 17,4031130 + 48.1 2,714,981 1.4 -u: 245,923,058 — 711,913,537 Water town Snrinerfield 1,255,652,805 —38.1 29,228.461 18,105,694 4,019,509 + 16.1 — 3.9 — 21,359,216 692!554|693 8,3541738 — Bloomington Chicago 1,303,291,682 0.7 — —15.5 47,116,060 20,893,939 , . Rapids 927,731 196,641,137 6.7 + - 45.316.404 13.216,681 Sheboygan Iowa—Cedar 259 1^9.530.497 4.9 — — 98,557,511 1.6 — 126,939,636 7,750,602 Wisconsin—Madison Milwaukee .2U 4.8 + 13.1 1,259,915,322 o.9 + 251,587,329 + 10.3 32,352.375 87,180,491 59,934,649 • South ' 6,428,717,000 81,350,247 ^107,274,567 Gary Sioux 35.692.84F 6,116,804,C0i. 9.6 — 20,301,283 ' . Indiana—Fort Waynes Des 0.2 19,749,262 19,969,728 Indianapolis 14,603,224 4 707.681 0.1 + 13,308,070,055 —15.3 — 43.594,920 77,640,687 19.586,644 Rapids — 236,546,259 16,666.039 District—Chicago- ——.„ Detroit Grand — 232,002,906 1.6 — 15,995,595 5.4 ' Louisiana—w 215,896,575 + 16.0 220,968,759 • + ;•+■ ' 290,031.329 10.2 + 2,297,368,191 6,733,457 6,81l16i6 5.3 — —1.4 22,114,874 7.7 1., 7l4i~4"924 2,7 :' :; ; ' — 6,849,878 7.866.078 r 3.3 +• — 163,797,109 -** - 15,734,837 4.5 -r- 68,794,191 '* 5.5 — 256,303,317 1.1' — 1 w::. —lT.5 23,963.678 *3.81 + + 11.7 10.820,016 Mississippi—Hattiesburg :?.5 • 608.1-91,777 1,807,300,000 - 3 134.1'K .498 632,055,431 1,746,300,000 Georgia.—Atlanta — > 6.7 Eighth Federal Reserve District—St. Louis— Missouri—St. Louis 1.609,732,689 1,733,329,336 20,540,620 20,486,488 3,014,816 3,014,832 Kentucky—Louisville 823,586,621 886.663,605 Tennessee—Memphis 673,614,832 679,348,828 Illinois—Jacksonville 2,845,337 2.981,636 Cape Girardeau Independence (7 cities) 7,437,991 7.1 0.8 1,487,339.307 6.761,285 + 1 + 1.0 + 44,830.943 1,758,155,098 4 6 3,477,936,421 45,272.703 0.4 7,408.938 1.837,676.715 — 1,408,244,741 ..+ ; : > 171.643.975 301,989,639 4.3 * * — — ' - .. . • * ' 5.6 .^143.545,668 " • 154,398,014 204 809 804 + 7o.9 144,834 318 ..+ ' 7.6 - 179 409 243 126,893,849 " 13,985,749 Total 0.3 0.1 + 12,799,747 3,147,300,664 3,338,624,472 ;. 7,040,983 + 9.3 30,368,102 -26.809,264 — 5.7 6,833,133,675 6,809,948,005 — • 4.0 + 13.3 ' • + 0.3 •• 1 '. - 3,455,231 842,242,884 - - >3,051,966. 657,141,609 , + 13.2 + 28.2 , _L .3.018.463 2.819,293 718,362,585 649,722,385 Volume 193 Number 6039 . The . Commercial and Financial Chronicle -Month of February- at— Clearings . 1961 -Jan. 1 to Feb. 28- I960 Inc. $ Ninth Federal Reserve 35,034,848 31,793,686 1,938,743,915 1,923,472,990 14,575,846 15,264,007 761,325,367 Minneapolis Rochester Paul Grand Forks + 10.2 72.949,669 66,177,948 0.8 4,127,482,772 3,930,669,411 4.6 33,582,899 31,521,700 + — + 26.1 7,643,985 8,258,253 + 18.0 449,219,448 388,452,965 18M5~4~150 1537933^271 +~2~l7l 163.73T412 151,6907774 9,729~414 9,5057l68 +~~2A 12,599,543 11,3727332 3/7~6~8"",865 2^947*,481 + 27~9 4724+009 4,830,0£0 1,424,476,721 9,964,750 + 7,342,490 5,576,355 + 31.7 45,165,611 3.9 '92,285,177 — 8,749,000 11,613,879 24,620,544 18,348,000 + 34.2 24,851,502 + 2.8 32,537,125 + 8.1 94,577,602 + 1.9 3.5 35,158,511 —14.1 96,345,438 4,114,706 + 34.4 12,097,989 28,976,404 + —11.3 20,490,995 67,417,914 • • + 26.1 9,593,830 57,071,884 §8,623,840 5.6 52,816,880 7.0 + — 145,047,719 ' 2.6 — 49,084,078,.. . 6,*9897734 13,"08l7i79 730,616,117 617,157,988 o.l 6,8447256 i77J 13,7.947827 + 18.4 657,988,480 — 4,758,891 4,540,308 + 6,1637220 6,384,454,355 5,986,021,985 + 6.7 13,2677749 J 4.8 2.5 + + 584,035,383 4,508,515 -:' 7.0 9,678,091 —16.8 81,767,516 103,225,875 ; ■■ . 43,030,683* 0.1 1,580,497,160 1,454,898,143 — 714,744,003 715,640,313 4,742,320 — 4,375.294 + 1,741,288 1,473,903 + 18.1 53,586,772 38,237,807 + 40.1 125,307,477 125,441,612 4,640.812 5,615,078 1,893,056 652 .1,923,813,933 Parsons -I—— Wichita Missouri—Joplin ___. 52,105,017 __ ^ 12,530,534 10,652,434 + 8.6 185,378,953 161,075,173 + 15.1 167,201,795 146,646,571 5.4 9,219,263 + 4,014,929 + 42.0 18,006,038 12,191,0b8 + 47.6 0.1 311,749,171 291,987,797 6.8 30,189,137 28,181,015 + —17.4 10,681,192 11,520,283 4.6 467766(7,075 422724+647 3.3 13,049,490 12,691,260 7,531,155 733,441,494 — .- 873,872 1,243,429 6 4,538 + 12.5 X ; 1.6 . V 4,217,145,379 •,4,031,552,697 5.0 119,194,084 123,263,445 —16.4 6,382,510 7,085,963 4.0 622,655,116 + 593,198,188 — — + b, 7.1 7,233,530 33,516,501 29,952,138 46u,1.^,0^5 15,364,667 406,06+527 2.8 6,659,087 + 13.1 7,.07,4.1 6,122,759 656,483,306 + 11.7 707,424,017 622,100,451 7.3 — + — +~lu.8 + 13,855,082 —14.2 5.0 + 25,432,488 27,916,772 8.9 56,009,426 56,455,508 876,514,654 843,893,415 + 3.9 1,880,675,820 1,709,151,186 + 10.0 4,097,024,099 4,083,131,759 + 0.3 9,021,724,993 8,483,421,969 + + 2.3 126,862.789 127,102,532 6.2 *55,429,361 55,829,849 4.1 4,719,627,750 4,651,450,450 Denver (14 cities) + 78,227,785 291,809,825 Springs 936,394 —18.7 4,518,665 2,542,056 303,417,883 Oklahoma—Tulsa 9,714,737 + 31.9 11,541,151 111,056,126 -'54,832,553 2,123,960 8.4 751,128 9,382,603 + 1,149,777 9.0 1,253,601 —20.8 9,620,907 > - 0.6 990,442 35,809,261 ! ' — 0.8 — 6.3 Eleventh Federal Reserve District—DallasTexas—Austin 64,683,997 63,215,083 26,179.234 27,910,293 2,151,215,891 2,243,252,084 244,037,544 273,598,656 178,048,031 182,223,432 23,900,000 26,987.000 1,641,011,415 1,769,224,473 7,133,377 7,609,564 22,476,763 26,182,860 8,896,594 9,346,979 , Beaumont Dallas El __ Paso Ft. Worth ___. Galveston Houston Port Arthur Wichita Falls Texarkana Louisiana—Shreveport 58,915,482 — — —10.8 538,924,129 387,126,923 54,658,000 7.2 3,665,162.771 3,611,399,045 6.3 15,364,226 15,714,847 —14.2 49,204,243 61,061,434 20,122,553 20.579,255 — — 4.8 — 4,685,592,707 13,083,074 + 15.4 15,520,200 19,125,672 480,8277249 + 14.3 487,v»u9,l.l 413,365,452 0.1 44,43~2"562 42,467,0.5 4.6 4'i,.tJd,y .1 40,1097341 5.3 5,552,000 6,019,000 7.8 6,528,182 7,688,000 0.7 1.5 + 387,170,281 51,774,000 — 15,104,380 549,lfl37oi8 0.2 — 548,629,219 2.3 —11.4 56.042,283 4,426,498,328 Tot^l (11 cities) — 1.8 — — — 2.2 — —19.4 134,711,622 124,146,820 + 8.6 5.5 9,764.310,467 9,657,741,732 + 1.1 U')6 5,'9*767611 474817316 33~4 7,318,5/8 6,7337489 14,"8*467684 12,8187451 +10.8 14,Tb~3,73l 14,71547567 635,725,255 559,696,155 + 13.6 579,139,793 501,176,461 + 2.2 — 5.1 + — + — 1.5 + r.oo ><?.« Twelfth Federal Reserve District—San Francisco— Washington—Bellingham 6,410,735 6,973,224 824,021,067 902,747,684 22,596,549 23,047,475 54,030,498 49,803,628 Yakima — Oregon—Eugene Lake 22,574,455 Beach 21u,boi,8u9 5,793,210 + 7.9 6,396,425 8.5 119,229,569 108,527.486 + 9.9 + 204,054,466 203,216,591 + 0.4 19.,dy9,2il 181,891,288 105,8377319 98,3647793 +T6 9l,643,bu5 84,~78l7882 —zb~9 3 J,8l3,o76 27,~72~87643 4 19,0.0,431 18,~47~37l74 6.7 662,0b /,124 621,4177517 34,441,458 27,430,911 21,863,606 3.3 46,61,8,555 1,821,925,186 79,522,338 52,485,550 424.300,720 4.0 969,535,884 903,454,435 305,690,451 300,002,543 46,625,393 51,776,866 . - 103,131,005 , : 37,532,208 7.3 + Jose 46,363,554 60,587,048 total . + 11.4 + 228,029,387 260,051,034 4.5 (174 cities) (a) Clearings 17,"40+264 3.2 73873777236 679,28 <,lo5 141,929,967 49,165,816 56,686,877 —13.3 6,650,835,278 6,447,395,410 0.2 + 14.3 4 59,661,046,704 , + 0. 40.082,581 35,793,994 + 12.0 + 10.0 12,949,597 11.125,817 + 16.4 2.8 16,764,343 15,657,913 + 7.1 + 10,752,665 '8,854,529 13,854,390 *" 13,143,019 135,154,560 13,193.852,657 13,426,322,184 + + 1.7 1,373,316,842 1,301,841,097 5.5 1,280,886,824 1,189,738,307 9.4 27,863,102,288 23,399,499,185 + 19.1 23,630,297,986 23,321,452,766 0.7 11,903,836,219 11,077,132,725 + 7.5 11,421,622,366 10,587,463,955 1.3 254,550,007,557 232,698,128,525 + 5.2 + — — + 12.0 96,677,763 138,907,906 2.7 — + 312,304,430 - 106,613,406 1.4 — ; 349,926,152 7.8 + y 115,201,713,433 56,566,954,447 2972T67209 16746*57230 + 14.8 —14.8 —15.6 6,364,857,675 116,726,720,203 23,699,777 —12.3 74,213,861 122,603,428,709 121,770,570,556 + ■ York 3.6 166,602,205 — 61,434,278 6,190,990,368 \ 85,174,279 + 138,780,776 49,997,104 __' (18 cities) 615,508,364 109,017,435 —16.9 3,092,514,485- 158,654,086 . Barbara 685,373,906 1.9 —10.9 27,150,269 3,085,641,899 _ discontinued. operations FOREIGN EXCHANGE RATES Pursuant the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank daily to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just passed. to certifies FOREIGN EXCHANGE CERTIFIED RATES BY 1961 RESERVE FEDERAL 10, BANK TO TREASURY TARIFF UNDER ACT OF 1930 ' ;A :, ' ■ . MARCH + . ■ — Country and Monetary Unit TO MARCH ' - ' Rate Friday for Argentina, Australia, Austria, peso pound 2.229880 schilling Belgium, dollar rupee Finland, France Germany, United States Money) Wednesday Thursday March 15 March 16 $ .t)120746 $ '7.0120844 *'•+ ' 2.230517 V" ' .0383375 2.230613 2.229864 * : .0383062 ' .0200787 " .0120746 .0383250 '* .0200825 1.013489 .0200637 1.012343 .209950 .00311131 •' .204050 - 1.011757 .209937 S .0120722 2.230310 .0383125 .0200650 1.012473 .21C037 .210000 .00311131 .00311131' .00311131 " ' "+2C4050 .204050 .204056 deutsche mark .251891 .251700 .251793 .251837 .251908 rupee______ India, r__ .209250 .209466 .209416 .209583 .209533 2.798480 2.799420 2.799040 Ireland. pound— Italy, lira_: Japan. 2.798500 * yen— Malaysia, Mexico malayan dollar Snnin. United of .193431 franc— South Kingdom, Africa. pound ♦Temporarily ' .01664J6 ____ krona__ Switzerland.- ' .0348333 '.327400 .327400 .0800560 .0800560 .080C560 .277543 .277906 .277887 .278075 ; • 2.771702 2.771326 .0349125 • .0166436 .193425 . 1 2.770772 * .139900 '" " .139868 1 ■ ' .139887 .139862 .0349062 " ! .0348937 .0166436 — You to the .193387 .193462 k 1 .193550 .231283 .231125 .23119^ .231725 1.394420 1.394012 1.394480 1.394291 2-798500 '2.799300 2.798480 2.799420 food and friendship $1 package world's CARE Food .C166436 .231775 give with every .0348875 .0166436 1.394022 —_ rand__— sterling ' - .00278600 .327366 2.771584 . .13 '837 peseta_____ Sweden, Union 2.770792 * escudo ' . .00160500 .00278658 .0800560 ./ .00160462 :00278658 .327400 .278416 krone____L Portugal, .0800560 .00160725 .00278658 • —.327266 — guilder Zealand., pound- * .00160743 .00278658 peso Norway, 2.799300 .00160940;"' ,___, Netherlands, New in Tuesday .00311131 francJL- ;... (Value March 14 .209812 — . new ! Monday .2C4055 : markka (Metropolitan), 1.015442 York New March 13 .0200950 — 1 Transfers' in $ .0383375 franc Canada, Cable ' .0120670 ;__ INCLUSIVE ' . S 't 1961, : Buying March 10 \ '. 16, . Noon . Ceylon, 6,189,227 + 51.5 112,961,252 35,925,469 76,142,996 22,923,989 New 5.7 — 9.9 + — 124,116,841 * y 67,877,181 Stockton Grand + + 3.4 + 1,932,361,133 + 42.9 — 45,107,624 —11.6 - Francisco Outside 1.7 6,252,007 .+ 24,737,612 Riverside ■';> Total + 1.5 957,175,649 Pasadena San 205,982,141 + •1,818,706,005 ■ ; _. Modesto Santa 209,433,926 50,791,719 1,773,951,262' 441,451,005 City California—Berkeley San • 199,828,717 2.5 51,538,698 : 8.7 35,348,838 Arizona—Phoenix Long 1.7 + 14,806,766 15,063,343 2.0 — — 845,896,857 Portland Utah—Ogden Salt 8.1 — ' Seattle Idaho—Boise „ City- 3,801,512 Kansas—Manhattan Total 6,^634~043 15,~083~942 7.6 + + 11.2 130,495,368 + 10.0 L Colorado—Colorado 2.8 — 25,537,417 15,318 942 1,894,531 __ Kansas City St. Joseph Carthage 94,983,447 \ 6.9 8.0 2,925,599,035 —— + 11.4 + 31.7 — 46,641,625 2,997,876,487 _k—_ $ 7,225,007 10,656,094 Tenth Federal Reserve District- -Kansas Topeka 1958 423,475,848 1,586,699,981 2,083,128 „■ (16 cities) : $ 9,109,706 7.4 21,640,825 A. Omaha 1959 Dec. % 499,835,997 9.1 62,677,681 Lincoln ,r 5.0 + 16.2 25,714,786 Falls Hastings Inc. or . 6.5 + 5,532,078 Helena Nebraska—Fremont $ + + 15,856,228 Montana—Billings Total 1960 $ + 4,742,064 40,046,154 3 Lewiston 1961 + 10.2 2,437,881 11,520,244 Sioux Falls . or 697,504,800 10,687,407 Dakota—Aberdeen Huron ■ Inc. Dec. % 43,414,185 Minot Great $ 5,094,950 Dakota—Fargo South Week Ended March 11- 1960 $ 3,928,845 Winona Fergus Falls North 1961 or Dec. c/o £l District—Minneapolis- Minnesota—Duluth St. (1271) 2.799040 suspended. fj you send hungry thru the Crusade, New York O' 52 The Commercial and (1272) Financial Chronicle . Monday, March 20, 1961 . . % Commercial Mar. 8, Mar. 16, 1961 1961 1960 certificate Redemption account for fund 16,054 ._— notes 1,036 reserves 17,090 R. P. 25 + 78 + — I10 gold certificate 477 (480) Discounts and advances., 30 + 153 —■ Acceptances: Held U. under securities: Government S. Bought 5,418 + 3 + 81 + 3,276 2,647 1 Notes Bonds + 20 + 163 — Total Held outright. repurchase agmnt. under Total U. securities.___ 27.014 Total loans Govt, S. 116 + 27.013 bought 1 —3,089 + 5- 1 4-20 5- 1 4-20 (quar.) $1.06 % •5- 1 4-20 Loans to nonbank financial insti¬ 4.40% preferred (quar.)—; —;—_ $1.10 5- 1 4-20 4.40% preferred ($25 (quar.)—— 27'/2c 5- 1 4-20 $1.15 5- 1 4-20 $1.18+4 5- 1 4-20 $1.40+8 5- 1 4-20 5- 1 4-20 4- 1 million. increased certificates million, $101 the and U. S. Government preierred (quar.) 4.36% 22 — 94 + increased $108 million and bor¬ Loans to million. increased $162 others rowings from 119 — 61 + . from 4.60% + 1.221 4%% Common items Cash Bank in Other of collectn. process premises 27,118 (1,104) + 4,896 1C9 ... assets — 946 + ' 1 +■ 49,869 + 892 (480) 27,102 + 19 179 , \ Mar. 8, Mar. 1, Mar. 9, Square 1961" 1961"" 1960 assets ^ —1,730 Total (In millions of dollars) Reserve notes.. : and adjustedt 134 + Deposits: Agricultural bank Member U. S. Treasurer—genrl. 461 account Foreign 1 —1,651 15 + + 33 + ■ + 360 ". 41 298 + 475 ... Other ;___ 16,330 reserves ■— "10 - chasing 274 U. 69 Deferred Other 17,626 deposits availability liabilities items. cash 239 ■ 31 —1,098 671 ■+ 3,817 divds. accrued & (1,104) + " — Loans Sales Total (1,584) liabilities 926 + 48,576 —1,130 Capital ACCOUNTS— paid in Other - capital accounts _ 1 + 35 —■ foreign to domestic 42 — U. 12 liabs. Total to & capital (1,584) accounts 892 + 49,869 bilities combined Contingent liability + 171 .___ Currency "Figures dating in parentheses eliminations the are made in the Other process. 13 + Standard — 291 — 535 43 — 117 State 12 — 252 — 156 16,206 — 17 ---- 30,029 + +4,961 190 101 — State + 1,977 757 + Steelier 10,588 + 167 +2,425 + 891 —1,089 + 876 12,153 + 162 — 4,004 74 — 1,26J___;,+ 27 .„, 666 ,+t.„.114 y, y. + 99 + 62;, y—2,862 + 619 2,683 i--_V 124 — 3,758 — 51 + 17,622 — 4,157 141,486 273 +9,913 ..........b LIABILITIES— U. S. Below will found be list a of demand Domestic Time and bonds, corporate including called those sinking under fund + 213 + 154 + 1,623 20 + 189 + 108 — 396 1,810 + 162 — (San Francisco District). valuation domestic banks commercial individual reserves; figures revised. **March 1 loan items and are after Central 1st Louisiana 5Vp.% Clifton 5% Electric series I bonds, Laclede New Co. Gas Stern <fc Stetson 4.50% Electric cumul. 4V4%. California 5V8% series 5%% 6Va% Trans shown gross. mtg. & coll. mtg. & 1st. 1st Somerset 15, 1976 -Apr 15 * mtg. Corp., $1.25 1, due Oct. and 1983 1, Sorg 1984 4 1164 1 .-..Apr 1, 1165 5(2 % 1969 — .Apr series South A series D bonds, bonds, series bonds, trust Atlantic bonds, trust series 5% B C Apr Atlas Steels Ltd. Fajardo Sugar Lorado 5% Mines, 6% debentures McNeil Machine 5% Oil cumul. conv. (Charles Class preferred 4% 5% . & 1967 Page Mar 21 907 Mar 20 stock.. 910 1963 Mar 31 1119 Class second & stock preferred Caron redeemable Apr Oct. 808 -Apr. Puerto 8% 5% 14 * stock (Canada) Mar 31 913 Mar 27 1061 Ltd.— 4% preferred 5.44% 4(4% subord, cumul. debs, due July 15, preferred stock.. 1974..Apr 1— 10 .Mar 30 1166 1166 6% Sunbeam 'Announced this in issue. 5.44% Tenn.) $4.50 $5 Condition Statement of Member Banks The condition banks shows ended justed, of the the statement Federal following March 8: $236 weekly Reserve reporting member System in leading cities principal Decreases million of Southern Common 4.80% Southern Southern changes for the week million in loans ad¬ of U. S. Government 5.44% 5.48% New Southern Pacific $ onq5 (quar.)___ - 10-16 43+4 - 9-29 3-31 c 3-15 15C 4- 1 25c 4- 1 $1.25 4- 1 3-15 • (quar.) 3-10 3-10 15c 4- 1 3-20 $1.13 4- 1 3-20 (quar.) : .... 3-13 25c Corp. 3-23 3-13 3-30 3- ;______ (quar.) 5% Stores, 9 Petroleum 4-14 3-15 5c 3-31 2-28 3-24 3-10 4- 3-15 62 y2c (quar.)... 1 Ltd.— Corp., (quar.) Company 9-15 25c —-—- preferred 10-16 ,2i/a.%. .... — (quar.) preference & ; ___! Mining 4-15 (quar.) 4- 1 3- 6 25c 4- 1 3- 6 20C 4-15 4- 1 45c (quar.) 3-17 40c f __: ; 4- 4% 1 3-14 Inc. (James), <G. Ltd., 1, preferred Fibre Taylor 3-15 1 3-15 3-15 1 3-10 Class 4- 1 3-15 4- 1 4- 1 1 3-10 $5 4- 1 50C (s-a/_ (quar.).. 1 3-10 4- 1 3-10 4- 1 3-10 Tennessee 4- 3 3-20 4.10% $2 j. ! 3- 18c 4- 3 3- 6-28 3 6-15 3-15 1 3-10 4- $20c preferred B 4- (quar.) common (quar.) Co., A 4- ^ (quar.) Taylor Instrument Cos. 1 Tavlor ^ 3-31 Publishing stock (2-for-l (stock Co. -. . Corp. Gas '____ preferred (quar.) 4- 3-15 3-24 $1.02 ya ... (quar.) preferred (quar.)___l__L______ preferred 3 3-13 4.64% preferred 3-14 4.65% preferred 23c 4- 3-20 4.72% 2nd 25c 3-31 4.90% preferred 3- 9 preferred '' 1 3-10 . 3-10 $1,061/4 1 -.4- 1 4- 1 $1.16 4- 1 3-10 $1.16 >/4 (quar.) 4- $i.i2ya . (quar.) 5.10% 4- $1.15 (quar.)_ 3-28 3-13 1 3-31 35c 50c ._ 1 3- Transmission— (quar.) 1 1 3- 1 4- 7c (quar.) 3- 31 3- $1.25 ; I (monthly) Corp. Tennessee 2-20 2-20 3-31 9c preferred 2nd (quar.)— 3-20 Ohio— preferred $20c 7% 3-20 of 9c non-cumulative Tenney dividend) split) Telephone Service 4.60% 4- 1 3-10 4- 1 3-10 :______ (quar.) preferred (quar.) : $1.18 , 3-10 3-10 $1.22 Va 1 3-10 4- 1 3-10 $1.25 _ 4- $1.27 Va _ 4- 1 3-10 65c 3-31 3- 5 5% 27c 27lac '2 3-31 3- 5 5.12% preferred (quar.) $1.28 4- 1 3-10 5.25% preferred (quar.) $1.31 VA 4- 1 3-10 2nd 6- 1 5-11 25c 6- 1 5-11 34c i—_—$0.255625 6- 1 1 5-11 Texaco com. 4-20 Texas — __ (quar.) . : : 5-15 J62Vac £$1.50 22'/a c 59c 59c- (quar.)j. common common 4-15 1 1 1 2c 4-15 3-28 3- 4- 1 1 3-15 (quat.Lh—— (quar.),. England Telephone preferred Gas 5.40% • - 1 , 4- 1 4- 1 3-15 $1.24 • . 1 5- $1.16 2_~. 1 5- 4- 1 .3-13 4- • j2 4-14 4-14 3-15 Transmission— preferred (quar.) 5lA% preferred (quar.)_ Power $1.35 - 1 3-15 4- 1 3-1$ $1 a 5- 1 4-10 1 4_io $1.31 V* & v 3-10 $4.56 $1.14 5. 1 4-14 $4 76 preferred (quar.)/ $1.19 5-1 4-10 4- 1 3-10 $4.84 preferred (quar.) $1.21 5-1- 4-10 4- 1 '34c 4- 1 4- 3-17 Texas Utilities Co.: 3-17 1 3-17 55c 4-15 3-20 28c 3-20 2-27 (increased)L__i_iL!i>__i_7^'■} Textiles. Inc., 4% Textron, Inc., common ' (quar.).. (quar.); 6- 5- 27c 30c . J' $0.52133 _ 3-30 42Vie $1.20 • (Initial) Light, $4 pfd. (quar.)____;_ preferred (quar.)_____y_l_j.________ 34>'4c — (quar.)...., 3-15 3-31 $1.14 Texas Texas ' 3 Transmission— preferred 3 Electric— common 4- 4-20 $1.27 3-15 4- (quar.). 15c t$l (quar.) $1 3-31 (quar.)25c pfd. Inc.____ preferred 4-14 '$5.25 $4.64 $1.12% $1.25 Lines, 4% 4-14 5- Eastern Gas Ltd., 4-14 5- Natural Canada, (quar.) 3-31 5- 68c : 3-20 4-14 Tennessee (Knoxville, _______ 5%% preferred 5-11 6- (quar.) common — Co. 6-30 a- 3-23 4.50% Telephone, preferred 7-14 2 Va % dividend 4- (quar.).. preferred Southern 9-29 $.0095 8c 4.25% (quar.). Nevada 6-30 3-31 » 3 (quar.) Power, 3-31 7-14' 10-16 (quar.) 4- (quar.) Nevada 4-14 4-14 ' 9yac ; pfd. (quar.) 3-10 (quar.).. preferred 3-30 , ^____ pfd. Corp., common 3-13 Water, & 4-15 25c dividend 4- (quar.) Gas 3-17 International Petroleum— 3-29 —... Indiana 1 , 4-14 ;• 5% 3 (quar.) preferred preferred 3-15 4- (quar.) — Tamblyn :' of $821 in holdings & 4- (quar.)— Water, 1 56c : 4-15 (quar.) & (quar.) Clothier, 15c preferred (quar.) preferred (quar.) Fire & Casualty Co. Southern Gas 5-12. 1 common 27V2c $1.12V2 2nd Southern 1 4- 3-15 +% 1st Inc., (quar.) Power, preferred 4.72% : 4.72% 7% Camp, Corp. Talcott Edison— Power Colorado 65- $60c (quar.). Special 3 3-10 (quar.). Canada 3-27 Fund Valu 8wift 3 3- 3-24 . partic. preferred Southern 4-14 4-12 _ 9yac (quar.) preferred (quar.)__,._ preferred (quar.) Southern conv. 1 12y2c __. pfd. (quar.) California pfd. common com. Service preferred 1 5- 12'/a c 4Va% Co., Telephone preferred Southern 3- 3-31 (quar.)—_— California Original (quar.) Sugar Public Co., preferred A $4.50 57V2c 56Vic 25c (quar.) Southeastern 4.32% and preferred shares B.) preferred 62 Vac 57V'aC , Water, Rico preferred Southern 1974 1, 1 Associates— 15-year 4V4>'% Wakefield Co. 5% Pittsburgh 4- t60c. (quar.)_ 4 y2 % Jersey Gas Co 12-15 t30c ^__ Class (quar.) Insurance South 12-29 3-15 Corp.— Fuller, & 56V.»c (quar.)— South Southeastern stock due South 9-15 $1.25 B Baer 37'/aC ! preferred Carolina 6-15 9-29 (quar.) J Ltd. ... 8tokely-Van Gas— (quar.) preferred A (quar.) prefeired (quar.) South 3-31 5c 4.60% Southam, Ltd. Inc.— Co., preferred Pearson cumul. Varian 30, debentures Pfizer cumul. Taylor, 1, Date Engineering Co.—• subord. cumul. Dec. preferred ' V: , 3-15 3-31 6-30 ! (quar.) B $1.25 & 3-10 __, 22VaC (increased) common (increased-quar.) preferred 4.505c Ltd.— June preferred Corp.— A.) 3 '/a % due & due cumul. conv. Recovery 6% debs, con. Associates $2 Uranium 1061 V- -V V ENTIRE ISSUE CALLED Company and Issue— ^ , 1 3 $1.37 4.60% & coll. mtg. 3- 17V'2C (quar.) Electric Carolina 4.50% 3-31 (quar.) Co., 3-31 3-10 31 Vic 38+4C (quar.) (quar.) Gas preferred Common E series preferred 8IV2C (quar.) $1.25 Symington Wayne Corp. 7c (quar.)___ common Manufacturing South 5% trust trust & coll. due Oct. Co.— Co., 3-31 $1.25 B of Rec 3-24 (quar.) (quar.).. preferred Paper Pa liable 65c (quar.)_ common Holder« When Share (Pa.) Co. preferred $1.55 due July trust bonds, coll. coll. & Trust 6 4-15 9 Va C 5% 1016 808 3- 3-14 3-31 pfd. . Supertest 16 Name of Company Mar 31 a 3-20 25c A 8unstrand Per Soss 1st. 4% Mar 31 Continued from page Sonotone Line Pipe 1st. mtg. DIVIDENDS Corp.— debs, series A, Oil 5Va% 4% stock 3- 20c A_____ Sunshine 1116 Corp.— 4'/a% 1st. 1115 - Co.— bends, subord, conv. Mountain 5% 1 stock.. bonds, series^ D Finance 1 Corp.— Gas C Apr ...Apr .__ debentures due April subordinated Southern 1st Falls 1989— : pfd. Gas & preferred Sealright-Oswego Time 1, 3-20 4% (Boston) Still-Man Manufacturing— Stock Co.— 4-1,1 10c $1.25 Textiles, (John Clasa 7 (Raleigh, N. C.) Inc preferred A Super stock cumul. 4.6% St^te York 1st April due preferred 3-17 % Ltd. Precision REDEMPTION Forge-Waynesboro Telephone cumulative 3- 3-31 1 Y.)— (quar.) Extra Inc.— Co,, 3-15 3-30 20c preferred C (quar.) :i Sterling Trusts Corp. (increased)___ Sunrise Page 3-15 4- 20c 5% Sunset Date 3-20 3-29 ._ Brothers, Stock PARTIAL 3-16 4-10 50c (quar.) Sterling deduc¬ given in the Chronicle. Company and Issue— 1 U5c (quar.) preferred Sun Chemical (except where otherwise indicated) in which the details were N. Company of Canada, 8trawbridge of 3-24 4- iuuc (quar.) (Del.), 3y2% Lithograph— Brewers, 354 provisions. tion 4-10 45c preferred %5% 3-17 $20c (quar.) (Albany, Sterling +4,623 + .___ to 5-19 3-17 (quar.) 5 % 494 + 132 Banks others loans 1 3-24 . Co. preferred Stix, of 6- 3-31 3-31 125 —34,850 (•Exclusive 3-17 (initial) Steel + 1,566 .... ♦Preliminary 1 4- ' + 1,525 Reserve 3-15 3-17 4- 4-10 (quar.). (The) Traung Class Federal 1 3-31 20c (quar.).; dividend Stedman 6 20c Ltd. Ltd. Products common 5% deposits: From ing tenders, and the page number gives the location in volume —1,485 609 633 Borrowings: The date indicates the redemption or last date for mak¬ the current ;— 3- 18%c Chemical Claia Other notes, redemption, for 306 — 11,896 4 Interbank called stock common deposits — banks... From preferred 58,985 2,334 3-13 3-20 12yac ... (quar./ preferred 5% 3 3-31 5c (increased quar.) Steel, 5% deposits: banks... Foreign Fund Notices demand Government Interbank Redemption Calls and Sinking adjusted deposits 3 3- 15c quar.) New Stern Demand 3- 1 40c '. ... Street Investment Corp. Stauffer 3 1 4- 30c (special) quarterly Stock State 3- 4- 94c _ (quar.) quar.) Capital Life Insurance Reduced + 1,667 236 — 3,463 1,182 Bank 1 25c common Materials, Ltd. (L. S.) 4- 5% Quarterly 100 + 19 assets/liabilities. & Radio, Works 4-15 $1.63 ; class A Structural Home 3-31 10c of Ohio— Paving Stanley 1 — (quar.) Co. 3 4- Corp.— Standard — 19 coin domestic. banks with 2-16 (quar.) (increased B Standard Oil 8tarrett + : assets—net— Total — 20 22 — Banks R. F. and Balances consoli- — 74 — years with Reserves 60 3 654 securities Other foreign for correspondents — + 12,431 years five After accept¬ on purchased ances — banks—1,457 — year five (Mass.) Corp., (increased preferred 3,367 securities—total one to One —3.6% 75c notes Within —0.2 % 37.8% : ... 4- (initial)... A Bank & Trust Financial Common 1,577 certificates of indebtedness and U. S. bonds maturing: Treasury gold certificate reserves deposit and F. R. note lia¬ 9 (quar.).— Dredging Stanley bills Treasury —1,073 of 2- . Standard etc... ! Government S. Treasury Ratio i loans Other 62 institutions: commercial loans 27 + + 422 817 54 _ Surplus 343 — banks.. to estate — 116 ... Loans Real 175 394 1,152 finance, 1 3-30 $1.12 y-i (quar.) preferred $1,60 201 + 1,418 :_ personal finance, 3- 2% 25c Standard Holdings, _. Other « 9 pur¬ carrying: or securities financial Loans CAPITAL — Standard Class purchasing for nonbank to 33 — securities..— Other 2 3 — 164 821 securities..-.— Government 5% divid.) (stock dividend Standard + 1,928 + 956 3o0 — •— for )_ 4-20 (quar.) Stamford Fidelity carrying: or loans 108,751 — securities S. U. — — 31,270 1,089 loans dealers and Government S. Other Other Total loans. brokers to Loans ... -r industrial and Commercial 4-17 dividend) D Company +8,017 +7,765 909 68,134 adjustedt investments Loans Loans LIABILITIES— Federal — 110,208 investments and loans 3-13 3-30 3% (A. E.) Mfg. Co. $3.75 pfd. (quar.) Stamford Chemical Industries (quar.) 44 — ASSETS— Total invest¬ net Staley 7 + 6 (1,584) — 260 — 3-16 (stock dividend) common class preferred $6.50 3-16 $1.25 1 (quar.) Stock Decrease (—) Since 1 4- 15c Corp., Co., 4- i & Bros, preferred 3-16 $1.16 lA L : (from Inc. Springfield Insurance Co. 1,534. 27 V4c _J— (quar.)—... (stock Inc., Rand ' , Power— (quar.) G.) (A. Spiegel, Sperry Increase ( + ) or securities. and (quar.) Sovereign Investors, ment income) Spalding .'. (quar.) preierred preierred ^ (quar.) Electric preierred 4.28% Spray-Bilt decreased $19 million. domestic commercial banks preferred preferred Southwestern 97 Vac . (quar.). preferred 5.62v2% Other securities increased $147 million. Federal Reserve Banks par) 4.75% million, $190 decreased bills Treasury of ; 4.60% Borrowings of weekly reporting member banks 1,653 4-20 1 preierred $167 million. 1,303 16,286 Certificates ; + . 5- 4.2o% 5% 12 3-30 }/a c 92 : (quar.) pxexerred 4-10 Service— $1.03% outright— * 2,662 3-15 20c Insurance (Dallas) (quar.) Public (quar.) bonds decreased Bills 5-15 8-15 1 4- (quar.) combined total of Treasury notes and 1 — agrmnt. repurchase 3.70% purchasing 6-15 9-15 $2 preferred 13 + 25c 25c (quar.) preferred Treasury 1 45 Bought outright - preferred Life Southwestern Payable of Rec. Share . ., .. 3.90% Holdings 326 — -•,/. 4.15% creased $405 —2,027 15 — 59 .__ 15 + of net a tutions decreased $334 million. ' Total decreased loans Railway— non-cum. ' - carrying U. S. Government and other securities de¬ or —2,105 industrial and Loans to brokers and dealers for $33 million. 5% . 5% non-cum. preferred (quar.) Mobile & Onio stock trust ctfs. (s-a> Southwestern - Mar. 15, Gold deposits. foreign banks and $209 million in time Increase ( + ) or Decrease ( —) Since Southern million in demand deposits credited co increases of $154 (In millions of dollars) ASSETS— deposits, and $1,485 million in U. S. Government demand Of the Twelve Federal Reserve Banks Name of Company - Holders When Per " and securities, $306 million in demand deposits adjusted, Consolidated Statement of Condition $1.25. preferred, preferred 4- . (quar.12V2C (quar.>^--_x*^_._:L_^ (quar.) .. 31V4C 3lrAc 3. • 4-15 ' , 4-1 1 3-15 4-1-; - 3- 3-25 . 3-1S Volume 193 Number • . . * 6039 . . The . Commercial and Financial Chronicle \ • ———————————— (1273) — 53 ' •. •- ' Per Name of Company Third Canadian Ltd. ^Toronto) Thomas 5% Power Thorofare 5% 25c $1.25 pfd. ' (accum.) 3-21 3-20 Viau, 4- 1 3- 3 Victor 4- 1 3- 3 Viewlex $1.20 Co. 3-15 Common $5 General Iron Toronto London & Towmotor Traders Corp. B Trans-Canada Investment 1 1 $1.05 3-20 3- 1 3-10 $4.50 3-23 3- 4- 10c $25c 4% 20c 53A % 6'A% preferred 3-31 3-10 Waddell 1 3-15 4- 1 3-15 Class 5- 1 3-30 3- 3-15 5% 3-16 Waldorf 3 3-28 3- 3-31 1 ment 3-10 4- 3-10 4- 3-10 t50c 4- 4-28 3-22 3- 4- 1 7- 1 10- 1 Warner 12-13 10c 3-30 (Jim) Electric 9-15 1-1-62 Corp. Stock Forging Trinity Universal Insurance Quarterly Quarterly Quarterly Co. Waukesha 3-13 Webcor, Inc. Weber Showcase 3-30 3-10 Weco Products 6-30 6- 9 Wellington Fund (from 6-30 6- 9 Wesco Financial Corp. ___! 20c 4-19 3- 1 4.10% 7 West 4.40% 3-17 3-17 Western • New -common Union <N. Y.)— ; Corp. Union Bank " , (Los Virginia 4% 3- 8 3- 1 Western 92'/ac 5-15 4-20 5-15 4-20 5-15 4-20 (quar.) Investment Co. (quar.) Union National Bank (Lowell, Mass.) (quar.) National Bank (Pittsburgh) '.(quar.)_ 15c Pacific RR., 4%.: preferred Union. Stock Stock Yards - United (Omaha).Ltd. Drill Aircraft preferred United Artists United Cities (1955 (quar.)-j. (quar.)___; Corp. preferred 5'/a% (1958-59 preferred series) Corp. Gas Improvement, 4'A% Ordinary 3-24 1 3- 1 3- -6 3-28 3-14 tax 5- 3 1 3-30 4- Western 1 5- 1 4- $1 5- 1 4- 3-31 Extra 7 Hill Mines, 7% S. Ltd. Jersey RR. Shoe Machinery Corp., preferred 4- 1 2-28 4- 1 3- & 10c 3-31 3- 9 6- 1 5-15 Freight Gypsum Co., 7% S. Co. preferred Lines S. Williams Bros, 25c 5- 1 4- 3 5- 1 4- 3 4- 6 3-10 4- 6 3-10 40c 3-31 3-20 50c , Corp., preferred 2nd A was S. Rubber U. S. — Co., 8% (quar.) Reclaiming (quar.) Smelting, Refining & Mining— preferred (quar.) Trust (Boston) (quar.) 7% S. Trust United United Co. (N. Y.) Stockyards Utilities Universal Leaf preferred (quar.) Corp. 3 $1.75 4- 3 3- 3 7- 1 6- 9 Steel Universal Uptown Oil ____ Utilities Common (quar.) $4.25 Winn-Dixie & Light (quar.)— (quar.) (quar.) Industries Corp. . & Trust (quar.) (Springfield, Bank 3-20 Common 3-30 3-20 •Of 3-30 3-20 for 3-31 3-16 pursuant 5% $.007 Realty 3-24 3-10 4-28 4- class Wool 3-21 W'oolson 5-22 Worthington 4- 3-20 Wrigley 2-10 4-15 will ; $2 1 be is 3-27 4- 1 $1.25 7- 1 • 3-10 6- 9 A (quar.) J50c 4-15 $1 17'Ac 4-14 3-20 4- 3-10 4- 1 1 3-22 Yale 4-15 3-15 "30c 4- 4 3-15 (quar.)__.— tl7'Ac 4- 1 3-10 — 117'Ac 4- 1 3-10 50c 4- 1 3-15 75c 4- 1 3- 3 | —~ $1.25 4- 1 3- 4- 1 3-15 3-24 3-10 50c $1.31'A (quar.) 4- 1 3-17 45c 3-31 3-13 20c the used (quar.) 1 4- 1 4- 1 its 4- 1 3-20 3-20 3-10 18%c — 4. 4 3-10 40c 5- 1 4- 8- 1 4-. 7 40c 1 11- 1 $1.06'A — 4- from stock 3-31 3- 3-10 6 Yocam 5- 1 4- 1 4- 7 3-13 30c 3-27 3- 3 $1.12JA 4-10 3- 3 32'Ac 10- Research 3-30 3-15 50c 3-15 7- 1 6-15 Zenith Zenith 33c 4- 1 3- 2 4- 1 3- 3-31 3-14 Shields A. C. Allyn Cruttenden, S. 3-15 4-14 5- 1 4-14 5- 1 4-14 140c 4- 1 3-16 4- 1 3-16 75c 3-28 3- $1.25 Ltd. 3-28 3-28 8 115c 4-15 3-29 3-14 62'Ac (quar.)_ 3-20 3- 4- 3-20 (monthly) 1 3 preferred A (quar.)— 4- 37'Ac 1 3-20 37'Ac 4-29 4-19 37'Ac (stock 7-31 7-10 1 $1.25 4-15 34- 8 5 named below, acting severally have agreed numbers of shares through to of pur¬ common 8,960 & 5,600 Co Stein Brothers & J. Hogle 4,480 Co.___ A. —V. 193, & Boyce A. Kemper Hickey 2,240 1,120 — Pittsburgh Coke & Chemical Co.—Annual Report— Earnings of Pittsburgh Coke & $1,334,000, equal to 78 cents per income firm's of 1960 Sales with 1959 $2,725,000 annual and of $1.98 or Chemical for the Co. common per 1960 to amounted compared share, 1961. 7, amounted year in share, common report^published March income sales The major with according $61,193,000, to 1959 to the compared $70,023,000. portion of expansion an begun in Chemical Co., a 1959 program Pittsburgh activated carbon plant was com¬ wholly owned Catlettsburg, Ky., Pittsburgh Chemi¬ at and a maleic anhydride plant on Neville Island, Pa. also strengthened its raw material position in the field of phthalate plasticizers when it joined Amoco Chemicals Corp., a subsidiary of Standard Oil company will This chemical alcohol field. a Indiana, to form Oxo Chemicals Corp. The new from petrochemical raw materials. Chemical's first venture into the petro¬ previously confined its activities to coal-based alcohols oxo Pittsburgh It Oxo had Chemicals in States vitrified of produce plant United to Co. marks move materials. will Haverhill, Concrete construction Pipe of start construction soon on an oxo Ohio. Co., another concrete a pipe wholly plant subsidiary, Oakdale, Pa. A owned in clay pipe plant in Ocala, Fla., will be completed total plant 1960 in of the 11 Kalamazoo, with Coke soon, bringing plants operated by this company A concrete pipe Mich., was acquired in early 1960. Chemical & Co. concluded Bag Cement Co., Marquette common actual exchange of of a stock. On Jan. 17, 1961, market value stock, Marquette the quoted $8,400,000. was 8-31 improved Management expressed a cautious optimism improved sales and earnings in 1961.—V. 193, 3-24 3-13 3-31 3-15 4- agreement in late Co. to exchange all of the wholly owned subsidiary, for 150,000 3-15 Changes made in I960, have notes, an Marquette Cement Manufacturing Green shares 5-31 5c placed long-term the including parent new the date of of the the 150,000 plants and products, the report and its subsidiaries in an company position. 3-15 37c 1 7'Ac 3-31 4-10 3-10 14c 3-31 3-15 40c 3-31 3-10 in p. predicting somewhat 108. Radar Measurements Corp.—Common Stock Offered— 3-15 25c (quar.) 2,240 2,240 ; 4-10 — (quar.) 3,360 2,240 & 9-15 25c (quar.) Co Inc. Vilas 4,480 6-15 10% (quar.) & 3,360 1059. p. Arthurs, Lestrange & Co._ George, O'Neill & Co._ Straus, Blosser & McDowell Eppler, Guerin & Turner, 5,600 — & 3,360 John Stetson, Inc. Richter Corp. 5,600 CoL__i__lJ & " Indianapolis Bond & Share 5,600 Co. & '. T' ' 10c dividend) at company . 25c (quar.) Yosemite Park & Curry Pursuant to Zale Jewelry Co. Electrical Radio (quar.) Supply Co. Ltd. Corp. (quar.) (quar.)__ a March 9 offering circular, Blaha & Co., Inc., Long Island City 1, N. Y., publicly offered 83,400 shares of this firm's $1 par common stock at $3.50 per sh. BUSINESS—This Duffy • Transfer books a Less in not closed Canadian for funds, this tax tax British 15%; resident income tax. Previously published date xLess Jamaica record income was date tax. is of at 7%. the soup^e. Non¬ incorrect. indicated The corrected payment here, Avenue, the The in Payable in U. S. funds, less 15% and/or dividend. deductible tax t date 3-22 the Shares 79,520 Co.— Podesta Cohu Scherck, 3-31 $1.50 (quar.)— (quar.) y 25c operating and cal 2-28 1 1$1.12'A —- & Fuller D. Winslow, Co.— pleted during the year. subsidiary, completed an 3-20 common & Co.——. 3-14 5- ' & 3-15 $1.27 Corp., class A resident 3-31 stock expansion Shares Westheimer 1 2 5c underwriters representative, 3-17 3-15 1 granted common company's basis, 10c Water Co. be ' as 1 $1.26 (quar.) (quar.) Raceway Corrugating 3-29 a the presently ,, shares of Batteries York 4- is three-shift the 7 $1.25 (quar.) (quar.) York York Co., 4- $1.50 Quarterly Yonkers the plant company the respective forth below: " ' ' V set stock of preferred 3-31 of of "!•' & 3-31 6c (quar.) (quar.)—.— com. common Jr. preferred 30c sale reserved are may plan. - chase 7 Co.— 6% on shares which option the furtherance clock, 75,000 options stock from Yonkers UNDERWRITERS—The 3-20 40c (quar.) preferred Corp., 6% 9 the shares, stock proceeds primarily, in around completed 3-15 net of restricted •*. 454,000 shs. desirous of building, purchasing or leasing and equipping staffing additional manufacturing facilities, both to increase present manufacturing capacity for presensitized offset plates and new products resulting from its research and development net Inc. (monthly) Power, 6% pfd. 6% 3- exercise company's Polychrome's Westheimer 3-20 $1.06'A .__ 4- 75c 81'Ac common Towne Mfg. Cab *750,000 shs.' 3-20 _; (quar.) (Wm.), & Outstanding $338,668 therefore and 3 111 (quar.)_ Combing Corp. Canada, Yellow FINANCING Resin unissued 3-15 t'35c — Industries— Lothrop, Spice, to but the upon to capacity 3-27 4-18 3-21 6-10 6 35c (quar.) 3-21 issuance for (quar.) & PRESENT private- 159,566 activities (quar.)_________ preferred preferred 4- $1.25 common preferred 5% TO to as $400,000 $1)_ (par authorized program.' 7 per (quar.)_^ com. (John) Industries, Ltd., class A 4'A% 1st preferred (quar.) Woodward EFFECT well as Corp. stock the PROCEEDS—The income . 5.08% 1 (Phoenix, Ariz.)— Quarterly 3-20 3-30 for -depositary. 5.04% 1 40c ▼an Solver (J. B.), 5% 3-30 15c Trust— Wood Mass.)—• Quarterly Valley National payable 3-17 Service, (quar.) preferred t Payable Valley Bank loan ! Stores, 4- 32c common demand 30c (quar.) Public "5*% 25c Co., 5% _____ Electric 50c preferred preferred 4- 12'Ac (Chicago) 3-14 3-17 (quar.) 4-12 30c common , Bank 1 40c (quar.) 93%c $2 Products National <fc 3-10 40c (quar.) (quar.) Pictures Power 3-10 1 35c Quarterly $1.28 1 4- 87'Ac Universal Marion Corp., common (quar.) 4'A % preferred (quar.) Universal 4- users, payable— Pittsburgh T (quar.) Corp. Tobacco, 4- 12'Ac (quar.) Universal-Cyclops Utah 3- 50c .___. (quar.) 1st preferred loan 1% Company, $1.12'A (quar.) common . 6% 3 27'Ac Rubber S. 8 4- proposed (quar.)_ preferred U. U. 3- 60c A (s-a) 3-30 22'Ac (quar.) pfd. secured dividend & Common Wisconsin from 20c Plywood Stock Wilson 10c 4'A% 6% $1.60 Williams-McWiillams 3-24 GIVING 3-14 4-12 1 (quar.) Wisconsin J.), CAPITALIZATION 70c British in supplies, of mimeograph stencils, mimeograph Polychrome -mimeograph supplies are institutional 1 1 common 3 — common (N. 4'A-% U. Inc., 4- 4-15 supplies. and 45c 6% preferred (quar.) 3'A% preferred (quar.) 4.25% preferred (quar.) 1 30c manufacture 3-31 4- Mfg. 5- Photo S. Cement 62'Ac 37'Ac and accessory commercial 5- — (quar.) (quar.) (quar.) 35c 4- common preferred Wiebolt Stores, Design and 62'Ac (quar.)_> Co., 3-20 (quar.) Co. 3%% U. 5'A% offset suppliers. Paper Co._ Motor 4-10 Extra S. preferred $2.50 (quar.) Supply Co.— A five-for-one stock split U. S. Playing Card (quar.) U. 5% (quar.) ordinary income S. S. label 5% Weyenberg Shoe Mfg. Wheeling Steel Corp."; Whitaker of 3-17 (2) $1.50 ; 3-27 15c 3-13 1 18c (quar.) 3-13 (Bait.)— plus 3 (quar.) (quar.)____ 4-28 10c gains 4- 4- ./ Ltd., 3-27 (quar.) capital U. U. B Whitehall — Foreign Securities from U. U. V White A; Foil Co., class A Class B S. 1 Stores, preferred Class manufacture * 25c (quar.) 30c 185c (auar.) tlOc com. to 37'Ac Stationery, (quar.) Canal Co. & Fidelity & Guaranty Co. 25c 3-10 2-28 35c (quar.) Manufacturers S. U. 1 $1.06'A (Increased-quar.) U. 4- 3-30 60c Special 6% 3-20 activities, all of which are presently field, fall into two principal categories: supply direct sold (quar.)—__ about ■' ./ accessories. 3-20 37'Ac to 70,840 747. p. and 3-15 (quar.)____- preferred arts Design 1 dividend- — & 4-15 (q')ar.)____,___ after $170,300 including presenpaper offset plates, presensitized aluminum offset plates, image offset plates, offset printing inks, chemicals and Polychrome offset supplies are used principally by offset lithographers, plate makers and industrial plants. 3-10 series) amount 659,409 *$134,668 *167,641 from sitized 3-17 (quar.)__ expenses preferred graphic 4- — Investment $829,709 530,007 Authorized Westmoreland, Inc. (quar.) Weston (George), Ltd., class A 3-20 1 10c United New U. 1 4- 37'Ac (quar.) Merchants United 4- :—.— - Keno the ' share Tablet & Westfair 3-17 15c 5% 5% 7 13%c and Stock . 40c Illuminating Co United Income Fund (8c from net investment income and 2c from security profits) United Insurance Co. of America (Chicago) United 1 3-25 12% will i960 $395,339 . BUSINESS—Polychrome's 3 3-20 ; Dividend « 3-17 $1 United United 4- $1.10 , depositary 3-17 62 439 Virginia Ry.—Earnings— expenses 2-15 series) Stockholders 4- (quar.)_ common 3-13 3- 3-20 (quar.) dividend Western . (quar.) (quar.) preferred (1955 Publishing 4- 30c . United preferred Stock 3-15 2-21 3% • (quar.) Gas 3-20 3-31 3-27 4-15 (quar.). (quar.)— 5% Gas— United 1 3-20 3-15 1 4-15 — (1952 $236,158 51,918 revenue 193, $1.05 i preferred Western West & revenue $1.02'A (quar.)— (Kansas) 242,068 $220,790 January—1961 Securities— 5% , ' . & Surety I960 $478,226 258,280 Polychrome Corp.—Common Stock Offered—Pursuant a March 7 prospectus, an underwriting group headed; by Westheimer & Co., Cincinnati 2, O., publicly offered and sold 140,000 shares of this firm's $1 par common stock at $8.50 per share. : 35c _—--- series)' 3- 1 4-20 t$1.75 — Paper 1961 to 3 (1) (quar.)____ Massachusetts Cos. (quar.) 35c Corp.-— /; (1956 series)-(quar.)_—___ preferred 3- 4- $1.12'A Natural Gas— 30c (quar.). (quar.v) 4- 80c (quar.)__— 20c .. : dividend on-class A and class B— Twist 1 4rl7 1 > (quar.)_____• common (s-a)_ 4- 65c ._ 3-31 Net Ltd.— — 1199. p. $479,070 ___. railway operations railway operating income inks & preferred Western 4-20 1 4- 11c 2nd preferred 4- Union 4% 1st .preferred i (quar.87'Ac preferred (quar.) t $1 $3.50 t4% 5% 5-15' $1.12'A Union . 3-15 3-15 3-15 5% — against $1,334,619 3-16 3-27 5','0 I (Toronto) (quar.) preferred 3-31 preferred $4.00 Union "6% Pulp Insurance A 32c r;$3.70 • I, A 1 Light, & 1 3-31 25c Western Maryland Ry., common 7% 1st preferred (quar.) 3-15 4- 4- 4- Net 3-15 50c (quar.)^ Assurance 45c preferred * 3 $10c (quar.) common (quar;) (quar.)________U_:_— Electric Co., , 75c^ ; 4- $20c J.. Angeles, Calif.) Union Union • . . (quar.) . >4 $4.50 i ' (initial)______—-—, Acceptance Extra '___ - i?. : 3-22 31'Ac income)— common preferred Class Underwriters'.Trust 3-15 8c (quar.) Western Casualty 1 of 192,. . Ry.—Earnings— 3-17 1 Texas Utilities— Western 4- $75,000,201 increase 746. p. ^Deficit.—V. (quar.) (quar.) West 4-, 1 3 4- 20c (quar.)—.___— 3-20 37'Ac 4- 15c — invest, net 193, Railway operating Railway operating 3-6 20c _______ C 3-20 15c (quar.) to an announced.—V. revenue from railway operations— railway operating income________ Month of 3-17 3-31 25c B 4- 1 16c $1.12'A pfd. Northern & Pittsburgh 4-15 Co.— preferred 4-10 62'/2C chain 1 (quar.) (quar.) divi¬ 3 (quar.) preferred 25c (quar.) i— 3- 3- 32'Ac (quar.) 3-31 3-20 —V. 1 1 (stock dividend) 40c — Rapid Transit, common 5- 3-21 3-10' 3-31 and Net (Walt) Co. Fixture, 5% Power, Net 4- (quar.) preferred 3-10 4- ; dividend) & preferred Penn 4'A% 4.20% (Del.)— ___ preferred West 11-15 5-25 Co. (stock Kootenay Power 7% 8-15 11-24 62'/ac 5% preferred (quar.)_L__ Twin Coach Co., common conv. 5-15 8-25 30c 30c Motor 3-10 3-20 62'Ac (quar.) 3-15 30c Disney Pharmaceutical preferred 3-24 invest¬ net Clutch & 3-10 West from (see Washington Natural Gas (Dallas)— 208 South LaSalle Street (Chicago) (quar.) Tucson Gas, Electric Light & Power (quar.)_ Twentieth Century-Fox Film $1.50 Brake 3-31 5% store 3-10 $1.25 (quar.) 3-30 (quar.)_ dividend Quarterly 4'A% 3-24 5c (quar.)________— 25c (quar.) dividend Twin City Co. Corp. Warner-Lambert 6-15 department Month of January— Railway operating revenue_____ Railway operating expenses 15c J35c 5% 12'Ac Steel Realty 3-31 15c (6c 12'/2c (increased-quar.) Williams Quarterly Stock (William) Walter 9 J25c & 4-21 (quar.) Gooderham & Worts, Ltd.— Disney Productions Productions) 3-15 t25c $4.50 (annual)— & Walnut 3-20 17'/2C Wallace 3-10 20c the Piedmont 7 (quar.) Walt 3-15 agent Penney €0.—Sales Up— 1.81%, 7 3- plus 10c from capital gains) Tiernan, Inc., new com. (initial) Grove Products, class A (quar.) Wallace J25c pfd. 3- 3-20 income 4- (quar.) 7 3-20 class A Wall 3-16 t25c Transue Co., (Hiram) Quarterly Street Investing 7 Quarterly Trans-Lux & Walker 3-13 4- ' . appointed sole transfer stock.—V. 193, p. 808. ago, or 15c System Walker 4- ._. 3- $1.43% . Company, common preferred (quar.) t$1.12'/2 (quar.) 3-20 B 35c (quar.) 3-15 Wakefield 1 • . been Penney Company's February sales amounted $73,665,582 for the same month, a year 3-15 3-31 $1.56'A : (quar.) Co., 4'A% Reed, class A & 4- t60c (quar.) 3-31 20c Wabash Railroad 1 has Materials— 7 4- Co. disbursing agent for the (J. C.) , 3-10 4- 4uc 75c $1.13 * preferred 3-10 3-30 J75c (quar.)_—_ (quar.)_,._ 1 J15c JlO'Ac $3 prior preferred preferred 3-24 jlOc (quar.) ■ (quar.) preferred (quar.) $40c A (quar.) Trust 1 3- Quarterly Quarterly Transnation 3- 3- $47'Ac 1st preferred Fund dend 3-20 3-31 York 1 3-20 t60c Corp. 3- 3-20 $1.03 5% (quar.) Lines 3-20 $1.25 $1.01 Vulcan 5% preferred (quar.) Transamerica Corp. (quar.) Transcon 32'Ac Continued from page 10 New • , : (quar.) 3-10 (quar.)____ preferred 3-30 (quar.) 3-15 ' 4'A 7c 4-15 preferred 12'/ac (accum.) (increased) Finance, Ltd., class A Class 7'Ac $4.04 3-31 (quar.). (quar.) Ltd., class Toronto Star, Ltd., 6% Torrington Co. (quar.) 3-3 $4.12 preferred $4.20 preferred 4-10 Trusts Works, 3-15 3-15 3-10 30c (quar.) (quar.)_; Ltd.___ Elevators, 3 1 3-20 3-10 2% Toronto 4- 30c 4-11 $1.06'A preferred Bank Toronto 4- ;20c (quar.) Vulcan Corp., dividend Toronto 3-10 3--1 $0.6562'A (increased-quar.) preferred General Corporation and i: Investment News 3-20 3-20 3-25 4-11 $1.12'A Tip Top Canners, Ltd., class A (s-a)____ Tishman Realty & Construction (quar.)__Title Guarantee (N. Y.) (stock dividend) Tobin Packing Co. ;(quar.) Stock Virginia 3 Holders 3 (Brattleboro) (quar.).. class A Electric & Power— 3-15 4- 35c inc., 3-31 . 37'Ac — Equipment 3-31 3- 20c ——_—. (quar.) 4- 1 Savings Bank preferred Lid. When Payable of Rec. 5% (Los Angeles) Toronto-Dominion 5 'A % Per Share - 5 (quar.) Oil Co., Times-Mirror Vermont Natl & 3-15 12'Ac Thrifty Drug Stores Co.— 4J/a%' preferred (quar.)_____ Tidewater 1 3-31 37'Ac dividend) preferred 4- 3-31 (Stock dlvs. payable in class A shares) 4'A % 3-30 3-15 1 -- & Rogers, Inc. (quar.) Vanity Fair Mills (quar.) Vapor Heating Corp. (quar.)__ 31'Ac Investment, common- (quar.)____ preferred (1959 series) (quar.) Thriftimart, Inc.; class A (stock dividend) (stock 4-14 4- Waters 31'Ac $1.50 B Name of Company 25c common (quar.) (initial series) (quar.) series B (quar.) Thrift Class * 40c preferred convertible '• • of Rec. 17'Ac ; iquar.) Markets, Inc., conv. 5% (quar.) 70c Holders Van _ Inc., Tool Payable Tru»t, |15c common (quar.) Thompson-Starrett, When Share •••. , Investment (s-a) Industries, preferred Thor 1 General the state company design, equipment matic systems in of New was N. York Y., on organized principal was Aug. 29, primarily the field of miniaturized equipment, compact design. electronic offices incorporated located under at the 190 laws 1958. for development, manufacture and check-out Canadian non-residents tax. with company, Hicksville, of the purpose of sale of quality microwave engaging electronic instruments, instruments and auto¬ instrument h 54 PROCEEDS—The devoted Sales the that intends company following the to The Commercial and Financial Chronicle (1274) proceeds net promotion and advertising of bank loans of laboratory test equipment $25,000.00 75,000.00 15,000.00 14,000.00 —.t Purchase One shop and service equipment following additional employees: of Salaries the for senior engineer $18,000.00 at capital .V one 37,500.00 annum.. per $223,115.00 Authorized Class stock Common amount "This issue to stock company granted options 27,000 the to required be employees.—V. to may be called upon does not include any amount Such may shares agreement underwriting underwriter. the *299.400 shs. which the com¬ 500,000 shs. — include not the to the to which shares $1) (par does pursuant pany, FINANCING Outstanding PRESENT EFFECT TO GIVING CAPITALIZATION 192, issue pursuant notes HA portion of the proceeds is in not represent new financing by the already outstanding and are being sokl offering shares the as account of does are number a of stockholders. for Figures of R & BUSINESS—Random Inc., House, and wholly its owned subsidiaries, of a wide variety including contemporary children's books; dictionaries and reference books; distribute books and classical and works; coliege mar¬ ket. The company selects and edits works for publication, supervises production and. promotes these works. Random House, Inc. contracts directly with authors, obtains reprint rights to books previously pub¬ lished, and publishes books in the public domain. In addition to income accruing from the sales of its various classi¬ fications of books, substantial earnings are realized by the company from certain subsidiary rights which include translation and publica¬ tion in other countries; book club and reprint rights; and motion picture, television, dramatic and radio rights. EARNINGS—For the fiscal year ended April 30; 1960, the company reported sales of $21,258,272 and net income of $1,327,583. In the six months ended Oct. 31, 1960, unaudited sales amounted to $13,126,663 and net income was $1,189,159. CAPITALIZATION—Outstanding capitalization of the company and its subsidiaries as of Oct. 31, 1960 consisted of $1,669,795 in long term liabilities; and 940,460 shares of common stock.—V. 193, p. 644. the elementary, high school and and books for textbooks; Recreation Enterprises, Inc.—Files Financing Proposal Independence Ave., Kansas City, Mo., filed a registration statement with the SEC on MSarch 16 covering 110,000 units of common stock and warrants, each unit to consist of one share of class A common aijd two common stock purchase warrants for the purchase cf class A common (one exercisable at $5.50 per share for 18 months and the other at $6 per share within 36 months). The units are to be offered for public sale at $5 per unit with a 60c This 6000 commission unit per of firm, underwriters, the to which will make the offering on acquired, at one mill each, Co., an headed by I. M. Simon & all or none basis. Simon & for the purchase of warrants has Co. class A shares at $6 per share. Organized in July 1959, the company 5,000 proposes to operate a chain and related facilities in metropolitan areas in the midwestern states, initially Missouri and Kansas. Through subsidiaries it now operates one bowling center in Kansas City and has leased another which proposes to open for business in September; and it also owns the Kansas City franchise in the National Bowling League and has subleased the Midland Theater in Kansas City in which it of bowling tenpin centers professional bowling league contests scheduled proceeds of this financing, $100,000 will be investment in the Midland Theater site and $130,000 to the leased property. The balance is expected to be invested in two other proposed bowling centers whose locations have not yet present the to proposes Of October. for allocated the net initial the as Net Roadway income Republic-Transcon Industries, Inc.—Acquires— of Industries, Mathes The heaters water Division Co. $1.62 of average agreement of sale was signed in Cleveland by William P. Lennon, of Republic-Transcon Industries, and Dudley G. Layman, Vice-President and Director of Glen Alden Corp. In The Mathes Division, Glen Alden Corp. will receive Republic-Transcon Industries common stock and a exchange for of shares 750,000 long-term 8 ¥2-year Transcon Industries "We to propose effort," sales its on the American Exchange Stock strengthen and expand the Mathes production and said. "We can offer homeowners, factories, a complete line of heating and air well as strategically as locted delivery and ized with Glen Alden Corp. control, Electronics, to suant March a a stockholder.—V. 193, 30% p. 108. 9 Inc.—Capital prospectus, Offered—Pur¬ Stock Auchincloss, Parker & compared as Spring, The Inc. called (herein the processing data expenses other and electronic estimated at $13,000, are to be used to pa yexisting bank Mr. Hollis, President and Chairman the principal amount of $45,000, with the balance to in Board to added the to working capital expansion certain plans the of of the company company. for It of stock " for stock. common taxes/ the taxes. excise ; . out¬ , leases 1959.Construction in purposes. share owners of the of about of the organization management • , operating, expenses Net . $18,139 " 3,855 193, p. 748. •;:[ operating revenue operating expenses - tion 8% sales from cents show —V. 186, p. as GIVING railway Net —V. 193, securedt &%* demand Capital notes § stock (par ■"These notes are —i. Spring, 7,193 45,000 25c)—600,000 shs.:, fl be an unsecured assignment basis of accounts t484,558 shs. days. Md., with the receivable. . Air Net revenue from railway per additional $20,000 to be secured by The several notes have a maturity share. —V. 193, p. :— This during company its increased insurance investment and income Miami-based the Insurance Tulsa, the the end Sales face of of value, the premiums year. Premium Falls debentures New will York into 17, Redemption— has Corp,) operation of made N. Y. at that end exemption the order Washington stock common share.—V. per the under , , 193, Rixon necessitated was by is company offering.—V. 193, T { - Inc., public the the of of reason an employee 1060. ' p. : , the annual refined report to affected by was over-all an despite year, of , in income in resulted the to company Electronics has reported that- 1960 net income was share, compared with $26,906,225 or $4.68 1 : ; ; per President, prices Investment investment of offering by Rixon to investment stock company's which for gains in products much oil crude such areas during stockholders, crude1 oil severe in reaucnon some the pro¬ Canada. as the of also year earnings. of gasoline increased industry increase of 2% sales 8%. Mr. , over Miller 1959, with compared ■'%' reported. ■ activity during I960 resulted in successful completion of of 378 wells, or 79% of the total. This compares with 74% out 299 ? successful completions ■i. in Canada. successful. outside the ■ , 7. ' . ; : totaled $50,125,000," self-generated cash and year company's which . were without the borrowing, Mr.. Miller said. $56,500,000, The stockholders' $62.48, for the from was v : . expenditures solely of aid in 1959. Inciuuea in me completions were '45 County, Kansas and Hitchcock County, Neb., and There were 45 wildcats drilled, of. which nine Rawlins in wells 60 made increase an net compared book with Working capital at year-end $4,285,000 over the previous ;year. of value $59.69 share per the at increased close of during 1959.—V. the 192, year 1753. p. Skil Corp.—Record Highs— The corporation's Chicago noted in listed the of at end 3.7% over in to 1959. each 1960, compared to $2.96_ for 1959 "During abroad," Skil 1960 record of $23,113,978. consolidated Sullivan said. "Two a increase'of an number share per on management the Bolton stockholders. This sales net of ' the on earnings high for Chairman to 1959 $1,733,637,' Based year, all-time an Board report : earnings amounted $1,660,158 • - of y . firm, company's annual consolidated net sales increase an established 1960 manufacturing the set company $22,291,245. in sales tool power Sullivan of 4.4% shares amounted over the outstanding to $3.08 for smaller number of shares. undertook a wholly-owned expansion of program European subsidiaries, in These petitive 1960 $2,692,983 $3,816,087 in position During the Skil's on 1,588,065 pairt of the will plant of construction was commenced the City of Breda. It is year plant be in completed and in operation Skil year continued maintain to $78,507,465, category emphasis on engineering, research appproximately 19% more in this 1959," Sullivan added. "This or a of resulted 17 ."Many new r a in company's further In or in generally 1961 during and I960 ex¬ than introduction of 33 completely new tools, working days. In addition, on the average days a major improvement was made in. an total, steps this represented the announcement tool every 5 working days. were taken virtually every industry position. and development, capitalize during department, on I believe the steps the year which we can that to further move have of a strengthen improved still ahead despite outlook is sales and taken, unsettled economic climate. The longer range encouraging, and I foresee substantial growth in earnings," Sullivan concluded.—V. 191, p. 2248. equally about traditionally its 7 improved important operations the the working model. Completely ( in product every new every existing a Mr. Kosman pointed out that than the amount in. force at full year of operation. and pended in by 1961. past substantially strengthen Skil's com¬ markets." manufacturing this the "During will moves foreign latter Dutch that middle the America—Ann. Report to ■ . terminate company, Common Market. amounted Chase . will ..'-Drilling ended Dec. 31, 1960 substantially sales of new insurance, premium total assets, Samuel Kosman, President reported on March 13. year The - - re¬ fund, 1976-at Industry, Inc.—Purchase Cleared this exemption of $4.32 the over-all the 15, at stock $40 for sinking April be 15, called the due common 1961 115,000-share a the Okla or H.'Miller, Skelly's one life policies in 1960 came to $41,564,598 in the 1959 total of $20,165,347 by 106%. Income quadrupled to $1,879,854 from $463,044 the previous income from accident and health policies amounted individual exceeding from 167,686 shs. strong $46,839,192 in 1959. was 18 times higher 1956, the company's first gain over 1960 figure 67.6% at 126 shs. 150,000 shs. Corp.—Partial April the The of share in 1959. duction year force, company force in the in and Outstanding Switzerland and one in the Netherlands, were organized to provide manufacturing, sales and service facilities within the European 1,026,486 railway operations FINANCING 200,000 shs. Payment an of director a proration *, • operating income 644. capital. ,500 shs. through St., on issued" portion of a expected Net used be —_ debentures permitting 500 shares that Don $13,145,833 $14,326,803 y 10,452,850 10,510,716 . has Act underwriter per Line RR.—Earnings1961 proceeds - $24,414,693 , operating revenue operating expenses Railway Railway of II issued pursuant to an agreement with The Bank of Silver Spring, 22,245 , Month of January— Outstanding $148,000 business SEC $7 fact $72,847 29,697 748. Seaboard in connection anticipated that whereunder the company has aggre¬ gate credit facilities available to it of $200,000, $180,000 of which may Silver operating income Pine of is the PRESENT FINANCING Authorized short-term notes—unsecured* 4% -67c automotive equipment notes— p. 80 convert at y Seaboard Life Insurance Co. of EFFECT TO 6% $64,611 net will of 400,000 shs. Oswego interest. accrued Bank, close Net $327,732 254,885 at safety .___ subordinate to which 1960 railway operations. 4lA% right purchase . $331,681 267,070 - and with- the $202,600,. PRESENT TO -___ Falls Shares in American to 1961 ' expenses its of 540. p., a revenue • 204. p. plus the at Atlanta Ry.—Earnings— Net revenue from $113,557 will be added to working capital. CAPITALIZATION 193, The 1890. operating $100) (par 10c) Manhattan $40,000,000. Month of January— stock (par represents Railway , - • trailer n sold, are to working EFFECT stock The Savannah & and GIVING common 100% . in gains directors, B $258,600 74% increase in net earnings on a 31% increase compared with the first half of last year. Net earnings to $333,682 from $192,152 while sales increased to $10,605,407 $8,670,035. Earnings per share are 37 cents compared with 23 on average outstanding shares for the same period last year. Profit and Sealright-Oswego 7 < are follows;' . highway purchases 10c) up almost doubled sales volume of over an stock of (par — the profit rate for the first half ended Jan. 30, 1961. Sanders, Jr., President, stated that rapidly mov.ing business successes are taking the shape of a record-breaking year for the missile electronics company, and it will be followed in fiscal 1962 by of use the amounting stock • C. Royden the over payable, common reported on March 10, semi-annual results substantially to new peaks with a sharp, 4 -..Capital Inc. earnings and sales shares A were Associates, Sanders the accounts The corporation, (formerly demption on April 15, next, March Up— boat corporation, of preferred —V. 15, 1961, Bache & Co., New York City, reported completed a secondary offering of 59,160 shares St. Regis' $5 par common stock.—V. 193, p. 496. and as , 1,295.00 Skelly Oil—1960 Net Down— - are ; _$1,395.00 U _______ _„ eliminate Class that it had Sanders Associates, Inc.—Net to the Class $5,407,384 3,426,310 Offering completed time model: Authorized 869,186 Stock Secondary been present each year. a boat market, standard run¬ 1,095.00 ,V; possible all the officers reduced approximately $50,000 will be applied to the purchase of ing programs, of Depressed — have the opposite craft 16-foot „ by . Paper'Co. which of of 2228 where' it 1959, for $3,600 __. CAPITALIZATION $1,981,074 193, p. 748. St.-Regis of time payment The 665,243 operating income railway pleasure laws at equipment, auto¬ mobiles and raw material, redemption of preferred stock at par, repayment of loans, research and development, rent, advertising and publicity, legal and accounting fees, a sales program, remunera¬ ■( $1,731,990 from railway operations Net revenue Net the at feet, the office* November square models sale under principal _________________________ transport stated —V. M-16 PROCEEDS—If 21,114 1960 enter ___ M-16 it '•%■ kt'}\> $5,083,529 3,351,539 . Offered—Pur¬ facility. for $10,056 1961 Month of January— Railway Railway in 12,680 new M-16 same Southwestern Ry.—Earnings- Louis St. 190, . received $347,106 337,050 operations to given together,, makes 1960 operating income.. railway V. * railway from revenue Md., 5, and being the • Net foundation said.—V. development which the management considers- an advance pleasure boat industry is the result of two inventions, both which are included as standard equipment, which when combined Company 1961 Stock incorporated was models three and through $332,532 314,393 A 17, 1958. plant and its three production prices Angler . The : v the he the of of Ry.—Earnings- operating revenue ready The in (4) the announcement of plans to centralize our operation in a new- downtown building; (5) the capacity to provide our customers with such new equipment as the princess-type telephone and the compact call director for business use."—V. 193, p. 914. Rutland .i ; , appointments; new The for list Inc. consisting of selling Sportster in strengthening year building will be substantial," June on Baltimore Skealander year: continued the forward to further in new business this are 8 acquired is Inc. and boats. factory vyi.-i'-w.awr--7 * j"(1) The conversion of more than 27,500 telephones to dial opera¬ tion; (2) the installation of our 300,000th telephone in October; (3) the during "we (The)—Class Sealander premises available ■ from increased the Sealander the past costs over corporation feel we Maryland of producing 1 total state the corporation McElderry; Street, $2,891,000 annual average Inc. March a The 1>: ." collected company The to BUSINESS—The r 1960. Of the share owners, 4,394 are women and 3,625 are men. There are 3,003 joint owners and the remainder includes trusts, fiduciaries and the like. Thep average shares owner holds 114 shares and no single share owner owns as much as 1% of the total number of shares. Company President William A. Kern, in the 1960 annual report, cites among the company's highlights use is shop, technical and other capital equipment needed in connection with the proposed new plant facilities, approximately $235,000 will be used to inventory two of its products, and the balance of approximately 90 of operating $12,804,549 to 11,994 to 11,712 $30,000 will be used to finance the expansion of the company's market¬ of the of be approximately $100,000 will be applied to further research and develop¬ ment relating to electronic products of the company, approximately on share per Railway operating systems. proceeds of this offering, estimated at $728,750 demand notes existing with in $2,642,318 report common which looking gains surplus, on offering circular, Robinette & Co., Inc., and Investment Securities Co. of Maryland, Inc., both of Baltimore 2, Md., publicly offered 150,000 shares of this firm's 100 par class A common stock at $2 per sh. plus excise taxes per telephone was $26.65. expenditures reached an all-time high of $15,217,601 number The a custom electronics engineering and development in the development and production of specialized equipment for use in modern communications, instrumenta¬ existing bank indebtedness in the amount of $155,193 ($148,000 of which was incurred during the past year for working capital requirements) the of future additional strain 2756. Sealander, several, noted Although a profits is company 1961. place suant construction capital is PROCEEDS—The net and shares fewer report the in for in service. An average of 1,085,420 local calls were placed daily during 1960—a 7.3% increase over 1959. On Sept. 29, 1960, Rochester Telephone issued and sold publicly mortgage, 4%% bonds, series E, at- a premium. $12,000,000 first All of the proceeds were used to repay bank loans necessary for engaged electronic after with, said Kosman again p. Md. company company tions, compared to 1960 annual These states together, represent 45% of the Ultimately, Mr. Kosman said, Seaboard plans* to from coast to coast. operate. operations will phones rose "Company") was incor¬ porated under the laws of the State of Maryland on April 27, 1953. Its principal executive offices are located at 2414 Reedie Drive, Silver Electronics, Mr. 10 years exceed $92,250,000, a major portion of which went into the company's program of conversion of manual telephones to dial. ' The net gain in the number of telephones added to the system was the highest in history—14,689, making a total of 304,251 tele¬ with Redpath, 1705 H St., N. W., Washington, D. C., publicly offered 115,000 shares of this firm's 250 par capital stock at $7 per share. | Rixon share annual to taxes improvement Rixon as up business new subsidiary, wholly owned 192, p. 1859: the in its growth ■ the of to population. extend wells completion of the transaction, Republic-Transcon Industries will 2,560,913 shares of common stock outstanding out of an author¬ 3,000,000- shares. Present management will retain substantial have $3.67 Construction service On nation's \ and establishments conditioning equipment, facilities." 1960 14 $4,030,557, " " of reserves, authorized Corp.—Annual Reportfor to amount During 1960, the company was granted licenses in four additional bringing to 17 the number of states in which it is now its and amounted , substantial the that Seaboard states, were consolidation formal a Inc.—V. March on customers operating the New York Stock Exchange. on Stevens Mr. commercial and listed is interest. Republic- million bearing 4% $2 for is listed Corp. Alden Glen note ; - 108. largest per addition In it The Inc. Co. $3,018,694 the company's from dential, President Pur¬ other achievements, including the greatest gain in the number of telephones in history and the largest capital construction expenditure in history. Both operating revenues and operating expenses continued to rise. Operating revenues' totaled $27,620,527, an increase of 6.8% over $25,864,501 in 1959. Operating expenses totaled $17,926,619, an increase of 4.0% over the $17,237,578 in 1959. The largest .single expense item was wages and employee benefits, which totaled $10,727,141, an increase from the previous year of $76,437. Taxes were the company's second largest expense item. They totaled $5,020,686 and account for 18% of the company's operating .revenues, or an The Inc., Glen of earnings standing. and commercial, and industrial air conditioning and heating equip¬ was announced on "Feb. 23 by Milton J. Stevens, Board Chairman of Republic-Transcon Industries, and Albert A. List, Chair¬ man and President of Glen Alden Corp. net when '?v'm from $89,000 during $814,296 independent, unaffiliated telephone company in the United States. The company's earnings per rshare were . the highest in history at $1.63 per share on 1,367,186 shares of common stock as compared with $1.54 per share in 1959. In 1956, earnings Railway one of the nation's largest other appliances, is purchasing Alden Corp., manufacturer of resi¬ and represent 1959 Express Month of January— Republic-Transcon ment, of announced was Railway manufacturers and Rochester Telephone determined. been 1960 Transportation reached publish $73,172,506 was a said 1959 during the year had required a correspondingly large increase which on Dec. 31, 1960, totaled $2,181,459, : against at the end of 1959. Because these increased reserves were charged against 1960 operations, capital and surplus declinedto $1,270,063 from $1,319,365, and no operating income was recorded. in . 1959 the 1960 $2,343,825 Kosman in to $115,486 combined assets year earlier.' company's from 28.6% rose written :V $2,334,991, equal to $2.05 per share on combined class A and common stock, Galen J. Roush, President, announced on March 15. In 1959, revenue was $67,310,824 and net earnings were $2,136,352, equal to $1.88 per share on combined class A and common stock. , v Dividends paid in 1960 were 70 cents per share on class A stock and 10 cents per share on common stock. :-.v corporation, PROCEEDS—The The 72% the payment of these to be applied to investments from ' Roadway Express, Inc.—Net, Revenue Up— March for 1959. of Chairman and 7:, >7 Revenue M company President Hollis, Mr. tThe company has reserved 6,486 shares for its Employee Stock chase Plan and 30,000 shares for its Stock Option Plan.—V. 193, p. accounts by Allen & Co. by Mr. Offered—Public offering of 121,870 shares of Random House, Inc. com¬ mon stock at a price of $46.50 per share was made on 15 held are Monday, March 20, 1961 . to $888,539 last year, compared with $60,000 issued to The Bank of Silver Spring, by certain automotive equipment of the l' Life made its entry into the A&H field. Income §These to 1401. p. are secured are Board. House, Inc.—Common Stock Random which of company. 56,615.00 inventories and all notes. sales (includes expenses); annum; per annum per $7,000.00 at estimator one Working $12,500.00 at engineer notes, tThe be Silver Spring, Md., Repayment Purchase will purposes:, . . Volume Number 193 6039 . . The Commercial and Financial . Chronicle (1275) Soo Line Railroad: Duluth, South operating revenue from railway operations railway operating deficit— Railway 5,440,464 Railway $236,429 $204,839 627,042 : This York New March on the 2 $1,800,000.>. Charles • ously < firm, with purchase of • • • . Public Gas south 278,479 Co., states, 19 The 'Public than Gas purchase liquid... petroleum Mr. distributor Gas The Gas in companies December distribution gas. will and be operated in partners service from Boca and Raton under purchased was the from of of name to operating operating Gulf the Counties storage the for the sales 25 for Co. Raton. which has Palm * 205 Gas income : Electronics radio , \ .. Gas LP the on Florida PIECO 1145 ■ is 19th in Arlington, Street, N. Va., vehicles section offices, service for in users service, Sales and the of the and state, The 1,635,000 gallons delivery to resi¬ than More Florida. reached ended Space-Tone's home Washington.—V. 193, p. 810. W. totaled 31, $39.1 The in in million, the field, in sales topping million, $300 investment plant the $1.5 Mr. fornia of ... Public Utilities recorded $7,584,646 of that Commission, net which income includes 1960 to was attributable $5,588,000 to stock net income "Our ■r Production of 84% the company's history, for was the dollar each total the nation item of stations to customers highest percentage of steam generation in the reflecting i|ts mounting reliance on huge quantities transmitted consisted of nearly 15% from Hoover ; third a units construction Dam. step at of Etiwanda about toward mortgage April. , The home Steam i bonds in area the which is in Station will be Bernardino San - on nearly continued at increased of crease about about. 70,000 will to be be offered $90,000,000 issue the sale in of Economic valley in 9,963 62,000 during the during 193, , past three previous gas Gas F. years high of to measured as the Valley's , stages A. of B. names nave economic horizon. Westinghouse, Arkla, annual by , v ; Whirlpool RCA President, Brown, Total 7.6% gross to cited billion 8.9 revenues year.—V. 192, p. of Tire, General and all in of earnings $2.62 per cubic - - share the middle in now $1,097,000, up or West and the of operation we expect to both our the SEC . , ~ . . Street, Operating Federal Other income : 5.2% this for will of be -- ' ' 3.8%. In manufacturer ing of its 191, L. also, Directors share in ; Net Net - operating after —V. the regular $110,272,676 p. and proceeds from corporate establishing development year 6,580,983 1,673,684 578,934 553,957 .——— ———->— -—- $2,063,691 the which day 1,624,579 wide the the the previ¬ the on same before in number taxes were of 25 cents to shareholders of 31 March on 31, 1960. financing increased sales include of subminiature activity, and for recorders frontiers a time in $415,122 the and year net ended income Other for system Nov. of engaged contained special and space. recording is magnetic self and or other recording media, equipment, and bulk erasers to film separately. and the Ala., parent company company consisted company work¬ income $11,299,000 the October, of ) of Southern on a Natural Gas Co. alone in 1960 was lifted preliminary basis. E'qual to $2.28 a common share, Melrose in creases James increased record O. 127% prior stations has City, the for sale of total a WWVA application ■ of 30,. 1960, systems made recording the heads the by time used recondition or the recorders, motor products magnetic erase in in reels 1960, 350,000 capitalization capital of stock.—V. of and Industries firm Inc.—1960 President, over 1959, March on earnings for stated while broadcasting net and subsidiaries income of Net reported Soars— substantial B common for 1959. from 1933 to totaled year paid calendar 1933 is in each Dividends listed the on its on to of paid Exchange, the 28 durin rose by income 30% for to an the net totaled sales of the $95,568,805 company in and its 1960, as domestic against calen¬ gthe 1960 New inclusive. $1.80 per York stock Stock Ex¬ in each of Dividends paid during common 1960, totaled year York Stock share. per dividends from stock common inclusive. which cash years its on 1960, $1.80 the Nw on the share. value and 1,286,340 the shares of class B common '• . respective obligations numbers of shares of of the class stock, .. "B" par ; to purchase stock common $1 . underwriters forth set opposite their names below are subject to certain conditions set forth purchase agreement, a copy of which is filed as an exhibit to the registration statement... Subject to compliance by the company and the sellers with the conditions set forth in the purchase agreement the underwriters are firmly committed to purchase all of the? shares, if any in - the purchased. Shares 59,700 Merrill, Turben & Co., Inc. Hornblower 15,700 Prescott, 15,700 Inc. W. E. & Co Webber, Curtis Jackson ; & Bache & Hague & 3,600 Baker, Simonds & Co., Inc. 2,000 6,000 Blunt Ellis 2,000 6,000 Chapman, Co & & Ryons & & 3,600 3,600 Simmons Howe & Co._ 2,000 6,000 Collin, Norton & Co 2,000 4,400 Courts 2,000 4,400 Eichler & Co Lear & Becker Inc. 6,000 Podesta & Co. Fusz-Schmelzle Reed, 3,600 Co., Russ & Company, Inc Straus, Blosser & McDowell Saunders, Stiver & Co Lester, Brewer, Bryant, 8,000 & 6,000 Co._ Cruttenden, Shepard 3,600 Rouse, 15,700 ; E. Dooly & Co Allyn & Co., Inc C. A. Weeks & Hutton Paine, Hugh Co., Inc. Co 4,400 Co Co._ & Johnson & Co., Inc. 2,000 Manley, Bennett & Co 2,000 4,400 Stern, Prank, Meyer & Fox 4,400 Clement Robert W. Baird & Co., Inc. 3,600 Inc. Goodbody & Co 3,600 —V. 193, p. T. A. Evans & 2,000 Co., '1,000 C. Henderson & Co.,Inc. 1,000 147. Stylon Corp.—Posts Record High This Earnings— producer of ceramic tile reported on March despite a slight drop in sales. 7 record high earn¬ ings for I960: Net 16'% income from tor the earnings at the end of 2,091,518 the year. the Mass, Milford, the on previous the peak of $793,217, On year. 2,161,645 that Mass.-based up per-share a shares manufacturer the $12,238,680 in from President, Stylon's gains in "proved the company's explained in cents 37 all-time an The company earned 33 cents per the end of 1959. that He posted to outstanding share the on outstanding at of $11,693,296, down 4% Joseph increased to rose shares sales 1960 $683,836 basis, in 1960 the to weather to amounted to 1959. report counter ran ability annual the to the shareholders, industry trend 1960 said and adjustment." the company's record year was achieved despite the "sobering atmosphere of a decreasing rate of home building and a general business economy which slumped from an optimistic beginning to a recession-tinged end. "Despite the in 1960 the intense tightening Mass in¬ the said, from price competition profit "Stylon's 5.6% squeeze profit in the ceramic tile industry affecting margins most manufacturers," increased to 6.8% of sales year all-time he added, 1959." in expenses was from mainly attributable to $10,801,652 to $10,095,682 a 6% which reduction and foreign $73,765,428 in Commenting that the on the outlook for 1961, Mr. Mass told "Homebuilding industry will receive substantial from economic the to Administration." new message starting now the in than more costs offset drop in sales. petus net re¬ $5,062,667, class and common 192, 1960. that sales 1 filed was $17,- has par and outstanding shares price WWVA-FM. which • and company UNDERWRITERS—The had company $13,997. steel principal purchase and for on add Feb. more As a result of shareholders aid the to and im¬ President's 2, the Federal Home Loan Bank than $1 billion to the nation's homebuilding credit and to reduce the cost of such credit year. allowed manufacturers ' the $823,171 value.- recording high. subsidiaries the 111., sales Burke, Consolidated : Park, both of CAPITALIZATION—After giving effect to the offering, capitalization the company will consist of 1,188,610 shares of common stock, of $1 This, Standard Kollsman net number 1959 and 1960 Net 1496. The j consolidated for For calendar and recorded encouraging gains, in and net earnings in the revenues York approval, v paid cash dividends Mr. p. New PCC 1960 year Bateman, a that operating revenues were $28,114,937 and net income or $2.16 per share. Standard Tube Co., an unconsolidated subsidiary, reported I960 of $17,654,545 and net income of $150,717 compared with Smith, 1959. dividend will be used by the including the purchase of markets, repayment of debt, ad¬ new of response new EARNINGS—For sales income of the company and sub¬ the year amounted to $10,939,000. This is equal to $2.20 per share on the 4,965,881 common shares outstanding at the year-end. The showing compares with the consolidated net income of $9,153,000 earned in 1959, or the equivalent of *$1.85 per share on the 4,960,127 common shares outstanding at the end of that year. Net in purposes, tape on/ professional tape includes and since and broadcasting busi¬ directly or through Fla. purchase and upon years at I960. Preliminary to level, share increased to $2.13 per Earnings corporation, Hollywood, Calif., development, manufacture and sale of company of $1,951,766 1,728,039 income Birmingham, sidiaries • 1959 the six Beach. WINS, This dar ' to 1927, Watling, LeTchen & Co various equipment, station has Oscar $10,436,535 to quarterly 810. and 1959 reported capital. applicable Southern Natural Gas Co.—Net Up— This and in dis¬ of radio operates maximum DIVIDENDS—Storer, which is listed to 1368. CAPITALIZATION—In consolidated the President, (computed 1960). the July, and and operating revenues of $30,562,176 per share on outstanding 196,947 indebt¬ distribution above with $21,536,535 compared declared for multi-track $10,760,390 charges 193, sales Net here. 1959 31, Dec. to be com. dividend stock Shares were Earnings per in television owns and Miami DIVIDENDS—Storer, funds various to electrical Maechtlen, G. increase of 10.9%. p. research, of • general insurance Reynolds & Co., Inc compared outstanding equipment 1960 $11,666,356 1,776,353 - — taxes— The ^ mail. by life a $5,336,682 28 to compared Earnings, Board the stocks. v our •' with to ; of Broadcasting in time. change, addition of $11,578,264 board radio ported effect and Sales Up— and were offices contingent that con¬ to ■ merchandise add^d receivable. $114,614,282, were with $1.92 vertising for 7,247,378 — taxes operating 1961 , expenses— said, to present $1> stations, seven stand¬ frequency modulation (FM) radio also publishes a daily newspaper, The Miami wholly-owned subsidiary and owns a majority company . Chicago, sale the stations March the sale accounts of The calendar on in the' year—an company Co.—Earnings— Month of January— revenues— able be (par WJW, For " Southern New England Telephone Operating' he begin notification Corp.—Appointments— incorporated in subsidiaries $10,000,000. at increase year," will with markets 23rd Chairman, of shares new were - fields, operation of stock and are 746. p. engaged PROCEEDS—Net of area recovery. natural gas sales feet. $22,118,000 SOi. of enable Corp.—Capital Stock Offered—Rus¬ Saxe, Inc. and Pacific Coast Securities offered on March 13, 150,000 shares of Stancil-Hoffman Corp. capital stock at a price of $2 per share. The offering marked the first public sale of the company's capital stock, and it sold quickly at a premium. various common will Stancil-Hoffman new a costs letter a equal to $2.05 BUSINESS—The . Y.;, and Kollsman Luftfalirt Germany.—V. 192, p. 2656, filed for used was Sun, chase pro- sell & diversity and expansion These include Alcoa, General Electric, added 1960, compared with $2.53 for 1959 as evidence Electric sales of 872 million kwh. were up 6.9% and the distribution the over ' . Mo., The combi- store. in Standard are located as follows: WAGA-TV, Atlanta, WJW-FM and WJW-TV, Cleveland, Ohio; WJBK, WJBKWJBK-TV, Detroit, Mich.; WITI-TV, Milwaukee, Wis.; WSPD, WSPD-FM and WSPD-TV, Toledo, Ohio; WGBS and WGBS-FM, Miami, Fla.; WWVA and WWVA-FM, Wheeling, W. Va.; WIBG and WIBG-FM, Philadelphia, Pa.; and WGBS, Los Angeles, Calif. As of October, 1960 the company entered into a contract to pur¬ public." share for the first quarter of 1961, payable March record March 13. A similar dividend was paid for 1960 over the electric and natural industrial - between retail a Pa.; Company-owned stations FM addi¬ an Dublin, and is N. West 1961 presently the Ga.; now City, Instru¬ Corp regulations: five television broadcast radio executive stores were Corp., Oshkosh, Elmhurst Products through a voting stock of The Standard Tube Co., tubing and other tubular products. Storer of Dallas, and more Kansas effect can in lower the stores debenture earnings The development. increased 1 we purchase to these of 192, $23,578,264 last year peaks new is equipment compared —V. recession of cycle for ' • retail with sales meeting ous report. severe a rebounded. to have 1957, Co. endured stations. August. "Around year. 2511 the of Magin, Net the Ohio River recently issued region of highlight of the a Electric which consumption. Nationallyrknown . by its and leisurewear Inc., 1960 W. a of depressed is area & activities former a Evansville Indiana Industrial the of recovery and Texas, four Okla., four 2, be engaged company FCC Beach the was that the company looked for a substantial our and increase —an New electric meters 1060. p. City, that year that reported added economies are values 1961 that increasing control leaving a net in¬ company expects to add The 1961.—V. last to are been (AM) are however, year, customers. new meters new the Southern He Oklahoma He Antonio, Square D. Co.—Net, new in contrast with the general decline in scale, housing construction in Edison's high level during 1960. a ard prior preferred stock, it has outstanding 3,114,892 shares (after effect to a 5% stock dividend payable April 20, 1961). Man¬ agement officials own 8.4% of the outstanding stock. Modie J. Spiegel, is listed as board chairman and president and Robert S. Engelman and Frederick W. Spiegel as executive vice-presidents.—V. 193, p. 1164. of early the public to through the and Kollsman at Toronto, Ontario; Stankolls, Inc. Elements, Inc., Golden, Colo V Point, Munich, Broadcasting The under economy, of edness, first The $30,000,000 a earnings giving Southern Indiana Gas & Electric Co.—Net, Sales Up— . field. in distribution. and company finance year totaled 71,803, as compared with 66,820 added The number of idle meters, representing principally unoccupied 19: V the statement proceeds during the housir6, Casco Motor Limited, 111., Angeles. has plants 100,000 shares of common share, without underwriting. , unusual penetration The out that national a Aurora, Los The Semiconductor March on per wholly-owned nation's our 111., filed a registra¬ 15, 1961 covering $40,000,000 of debenture's due 1983, to be offered for public sale through underwriters headed by Wertheim & Co. The interest rate, public offering price and underwriting terms are to be supplied by amendment. 1960. points Kollman Corp.., College G.m.b.H., $3 has ness. to The County. internally. generated remainder expected obtained during report v which of obtaining building service addi half Edison securities San there products."—V. tion Edis|on's construction budget for 1961 is presently estimated at $131,500,000, retail Texas. , this year, two Alamitos Steam Station, near Long Beach, 310,000 kilowatts capacity—is scheduled for at unit—also and in of celestial appliances. are officers of the company, proceeds from the sale will go to the company. no date pursuing its into the entrance accomplishment ■■■■ Huntington Beach scheduled for operation in July of and electrical subsidiary, Glendale, Calif. are: complex and Park situated from range company's common stock at $30 per share. The being sold for the benefit of three principal Storer products. new in $3,- wide a stockholders, two of whom and our Spiegel, was 310,000-kilowatt of record with compared of are and Spiegel, Inc.—Registers Debentures— from the company's ' . in further new the company's growth in plant, Edison's report notes 150,000-kilowatt Mammoth Pool hydroelectric project in the Sierra is Kollstan proceeds shares • in 1960, ranging tuners principal covering at of this the discount retail field is based largely on two stated. "One, we are interested in developing distribution for our products, for the key to our ability to develop mass markets for mass produced Bassine stated sportswear amounted Edison's steam completed last March, and a 230,000-kilowatt third unit at Huntington Beach Steam Station in Orange County was added to the system in December. Now under construction are a fourth unit at the completed product wider expect from revenue. transmitted period Bassine, other at per Storer Broadcasting Co.—Common Stock Offered—An underwriting group headed by Reynolds & Co., Inc., made a secondary offering on March 16 of 210,000 shares profitability, and we will start to realize tangible benefits store-opening program. In the manufacturing end of the business, we plan to bring cut several new lines of merchandise in the of Concerning the in two, our of sales "we the hydroelectric plants and about 1% that company's the to November in be in-; ouw; deliver Mr. in ' electrical production. Other power High to us amounting to $81,607,956, or the company's energy single largest company's for taxes, electricity at of This fuel that was of cents last year. of noted last year equivalent of 27 , into broader of tribute Quinton its of incurred were the 1 Chairman about costs major Bassine Mr. and eduction sales were up 11.1% over 1959, and sales to domestic rose 13.5%, the largest rate of gain since 1952, reflecting high levels of home building activity in Central and Southern expense again to interest goods; of California. would suocessidies Kilowatt-hour continued sales $1.66 cents at year, when sales introduction of new greater in producer Trust Co. has been appointed transfer agent, agent and warrant agent for the common corporation.—V. 193, p. 1060. prior the to to the downturn close a Worth, construction constantly $43,629,613, or $3.82 per share, in- 1959, As to the .'immediate future, however, Mr. Quinton said it is "particularly diffi: cult" to predict results for the year 1961 at this time. • -customers 52-week introduction and that since Fort four factors," and $51,164,308, mon 53-week the by Charles C. including second units in Oklahoma City and Dallas, and that tax depreciation mentioned. Consolidated net income its subsidiary, Associated Southern Investment Co., was equivalent to $4.59 per share on 9,557,976 shares of com¬ outstanding on Dec. 131, 1960, as compared with consolidated Edison opened and tional treatment the for - heavy come stated entrance been under Mr. Quinton. $50,979,532. an increase according for and included the to to the primarily field, which addition Bassine Austin, . accelerated of '. had in Edison's million reported lines. apparel able was company's 58 cents of the 77-cent increase in such earnings, up 1959, results from the company's use of the "flowmethod of accelerated tax depreciation adopted by the Cali¬ through" is 73 Irving year," Mr. Bassine stated. Spartans earned $1,949,000, equal to $1.28 a share based on 1,518,651 shares outstanding. In the previous year, the company had earnings of $2,256,000, equal to $1.48 a share on the same number of shares. billion 17.4 nearing $43.1 over due was stated program, Spartans, of it has been sportswear Chairman ..expansion retail high 1960, increase -longer established gas Approximately ; office to outstanding or bursing > 10% productis 100 record a Dec. Chairman. equipped for dispatch by 15 radio base stations. first entered revenue $3.80 and equivalent stock shares. products Standard & Shell Homes * • Spartans Industries, Inc.—Sales Up, Net Down— kilowatt-hours in billion mark and re¬ per-share earnings at $4.57—these are highlights of the com¬ pany's 1960 annual report issued .to stockholders on March 7 by Harold Quinton; Board Chairman. from . , "Despite these expenses, sales, of $7,760,992 Melrose at center company SEC The and weapons systems work, will become a wholly-owned sub¬ sidiary. It will produce amplifiers, speakers and tuners for stereophonic phonograph consoles for Space-Tone. Southern California Edison Co.—Annual Report— ' the offered . Ruskin, 1960, $1,523,379, Standard Savings Life Insurance Co., Denver, Colo.— Files With Securities and Exchange Commission— Corp.—Acquires— . in common was diversified a (Canada) Y.; Instrumented $12,219,083 $11,599,513 10,960,625 10,678,151 —— Washington, D. C. corporation, active in the high fidelity equip¬ ment field, has announced the acquisition of Product and Industrial ...Engineering Co, (PIECO). ' "J PIECO, which has contracts with the Department of Defense for operations in Florida in 1948. It has owned the Florida-wide Royal Palm Ice Co, since 1942.—V. 192, p. 600. Gross 5,389,789 This Co. B. developed Florida service industrial are N. The said; Dan Beach ; central and and and company energy corded 5,730,842 Products were is television plants the Richardson-Allen 810. p. Space-Tone The Gregory Boca Mr. and west-central facilities, trucks The Co. has now Gas commercial dential, of Gas to subsidiaries Beacon, V. to Mid-Florida Southeastern of Coil also south has Corp., number electrical research a Other 1960 11,217,532 — and of income year. Kollsman systems company Wis.; taxes prior shares net same Syosset, N. Y. and Bridgeport, Conn. 11,460,638 charges 193, that With taxes after —V. LP operates the Indian River Gas Company from Stuart, and with the new properties, Mr. Gregory "Southeastern now serves every principal city on Florida's east from Daytona to Key West." said, guidance $66,427,679 $62,642,711 37,017,116 34,435,877 : taxes the electronics Co.—Earnings— — income Net Net more largest ■ Public Orovitz Max the 22-year-old Miami firm, Key West north to West Southeastern coast 2,892,630 1961 expenses. Other cutomer total the now operations, ... Daytona Telephone revenues Federal properties company's Florida is Co. Gas Dynamics coast. east the to company V'"K General with 2,148,165 before in Standard missiles Gas Public Bell Operating four of in. December were the Brook and Clement the LP Gas division of General Dynamics the and 22,500 the state. of. Miami, Clement Brook, $6,791,642 Month of January— simultane¬ revealed last Southeastern's said acquired Dania, at Corp. the adds brings Gregory operations - and $5,206,444 1959, the on $3,459,992 was 2,0178,566 In $1,400,000. acquisition installations 72,500. 15,354,695 taxes the based 211,379 $22,146,337 15,386,934 after on end. Earnings 1960 $20,593,378 645. Southwestern announced Miami, for approximately Southeastern, year ment - service 193, p. Operating than more 1961 operating revenue— operating expenses————— railway operations Net railway operating income -V Florida of in income share share, Co.—Acquires— operations Gregory, President of previously unannounced total a City Service J. the other-?! for Public Net per Co.—Earnings- Net revenue from —V. Southeastern Railway Month of January—- $5,645,303 5,393,690 Net Net Southern 1960 $5,630,119 expenses™—____ the parent company net income of $10,424,000— share—reported for 1959.—V. 192, p. 253. common a the 1961 operating revenue— Railway with compares $2.10 Shore and Atlantic RR. Co. Month of January— -Railway this On Jan. 1 the following roads were M., St. P. & SS. Marie; Wisconsin Central, and merged: 55 Board - is available the public, Stylon official explained. "A pears substantial in the upward trend in apartment and hospitals and and motel building ap¬ schools using substantial quan- 56 The Commercial and Financial Chronicle (1276) . Monday, March 20, 1961 . . % / \: • '1 ■ )• + . !'('■ Itsi,' % the corporation pany.—V. Offered The agent li¬ lt! sale turing !{■>, M- .. eU $ fa> *4 > l' %). )- ,! r v -'Si'V u -.*•1' ,/ t, }' k ) i.». >■{ 4 f. i' .» incurred with connection in purchase the of I. >), ft H't, »!-, i for and used $150,000 expansion /I Pursuant to Vi< f»S' $3 at I organized name •; »; The since Certain Electronics been a New York corporation, Tech-Ohm Resistor Corp. Its Tech-Ohm Electronics Inc. the manufacture and sale of Inc., name 24, June 1960, engaged in to formation. for accounted have customers large per¬ the 12-month period ended Norwalk, Conn., military United States government and Western Union Tele¬ graph Co. accounted for 30%, 18% and 8%, respectively, of the company's sales. During the six-month period ended Jan. 31, 1961, Electric Regulator and Western Union accounted for 40% and 14%, respectively, of the company's .sales. Sales to military agencies of the United States government during such six-month period repre¬ sented only 2% of the company's sales. the company's, sales. 31, 1960, agencies of the »»• i'» At" r'-'V \ I. •! Electric PROCEEDS—The Corp., "'St. > allocation -c Si for balance !fll to n such with will be necessary inventory in clamps and couplings; (4) the working capital and will enable the company of marketing to inclusion electro-mechanical for and resistors of the added the consider proceeds that portions manufacture the connection •% of anticipated presently t in its such items . product list of additional resistor and as gears, differentials, clutches and which is presently under consideration. No portion of the proceeds to be received will be applied to make any payments to officers, directors or affiliates of the company. %. Oi the heads, gear ivte ' marketing of EFFECT GIVING CAPITALIZATION /»)<■ PRESENT TO FINANCING Authorized •Common . /■'Ik the * shares 5,250 of exercise /its stock stock of common stock 192, options.—V. Industries Telectro issuance The to ■ji't announced SEC The /'ti- records new close Section will stock the trading 'ic order issuance states that the 1961, inclusive. Commission is of the opinion that the is necessary in order to prevent fraudulent, deceptive or manipulative acts or practices in transactions in Telectro stock. Accordingly, under Commission Rule 15c2-2, over-the-counter trading in Telectro stock also is prohibited during the period of the suspension of Exchange trading. Because available information with respect to Telectro, particularly suspension ••'I. Ay if: /%. -l: u its concerning, of results 01 for its A the ■ , inventories and accounts receivable and concerning the operations for the year 1960, is considered inadequate of evaluating its stock, the Commission ordered the sus¬ trading therein in the interest of protecting investors until purposes pension of :<} factual : situation is clarified.—V. 192, i i p. 2372. ' . Teletronics, Inc.—Class B Common Offered—Pursuant to M a March vv* ?!!! % BUSINESS—The -. , ■. . offering 7 circular, this corporation, of Main St., Nashua, N. H., publicly offered, without underwriting, 26,000 shares of its class B $1 par limited voting common stock, at $3 per share. 227 ness tion and in the corporation is pursuing two related types of busifield. They are: first/the design and produc- electronics of electronic equipment for industrial and military applications; secondly, the offering of engineering services to industrial and ' /. military concerns.; PROCEEDS—The .'•I,? ;*:- figures 1960 • . net *>-*proceeds: *-• to • ; the - ■- sales based . <-• corporation . be the meet larger at before. year expendi¬ of increase 11% n1 increased sales and services improvement in the returns 1959. over on gain first the time subsidiaries of operating its in United the in for accounts and Kingdom Ireland." Revenue sales from in services and $2,980,308,544, was with compared the at from the sale time Stock World-wire, sales At with 2.39 to oil this company's the barrels crude of in 1960. increased —V. to rose 494,- world-wide basis, refinery runs and petroleum product same 485,815,364 of 193, barrels, totaled Current assets American Oil ■ -/'■ . 1 , ' and sale of aircraft component parts and auxiliary largely for aircraft engines, a wide range of engine and for automobile, trucks and tractors, and miscellaneous products. It has outstanding certain indebtedness, preferred and 3,153,658 shares of common stock (as of Dec. 31, 1960). parts other stock officials Management shares. J. dridge D. West Texas this by The Basin corporation '-\The the wells, A of East 18 oil and Embar Fields 10 of which total It is add of are 1,200 has announced been Nash by J. Investing Manhattan Chase class A of and a with the and 620 undeveloped acres were acquired. that the newly acquired properties will barrels oil of and 335 cubic record reserves. those said.—V. reserves 192, 1496. p. "A for on year, distributor Net slightly the annual or income $14,142,788. a report 20% was best In addition, in 1960 last, year, but intensified Savings to said, held loans 138.476. "We highly achieved were stockholders. to above the $15,488,209 previous 9% or record above 1960. S. were been even at defense all-time electronics, "However, sales highs and Savings and the year to "It - or income Dec. 31, '/.' :■ 23%. $67,- . made progress Is significant year of from gain a $82,758,551 /,'//%" . general full first our Financial's savings that the gaina- the period operation—a ox by and subsidiaries loan of World are Savings, /which operate in Southern the Denver, Colo. area.—V. 192, p. Trans-World World Savings and Transcontinental Cali¬ in This 1957. for Stone first the net the The is The against from proceeds at Weld offering $18,000,000 be incurred offered & Co. price and ..■/- is to be used construction for be and, additions together with the bonds, will be and other, corporate construction program new $113,600,000 193, White, amendment. a covering be construction for scheduled company's estimated as the available be to deposited with the Trustee under the basis for issuance of a portion of so deposited is to be withdrawn by the to amount property by by will or 1961, 1981, public filed Texas, 13, due sale, bond been is The Corp. the have mortgage bonds. to Registers — Houston, March on supplied be to from which company's new Street, SEC Securities $10,500,000 the the pipe line bonds; underwriters headed are proceeds and Travis 3100 with Webster terms notes repay purposes; Corp. mortgage through sale & underwriting to of statement of public Line Pipe "'■/.A"/; corporation, and Gas ' Bonds— in completing added to after balance the general purposes. December construction 1960 then work 424. p. v.'.'' Union Texas Natural Gas Corp. • , /.r:y. \' •/ / . --v.' V' Rights Offering to — Stockholders— See Apco Oil Corp., above.—V. 192, p. 2658. United Boatbuilders, backlog Inc.—Additional tails—Our issue of March Feb. 28 prospectus, of 31, 1959, was $91,000,000 of which represented direct TI contracts with the on Dec. $47,000,000 of TI's $101,000,00 6 reported to a stock at $5 follow: financing details dejfault underwriters the from stock common the company forth below. set below named be Marron, Co. Sloss & Co. —V. Inc.__: involving Blanchett, Hinton & Jones !___ Inc. 20,000 Johnson & Higgins 15.000 Hannaford 10,000 Harrison MacCormack & 193. Co._ Shares I 30.COO Brothers Evans shares Inc. Sloss & Co. Inc.— Marron, Wilson, to of agreed of circumstances, Shares & have numbers certain of one or more underwriters, less than all of said shares purchased. The managing underwriters are Birr & Co. Inc. may Birr De¬ per respective Under Financing the offering, pur¬ 100,000 shares of this share. Additional firm's $2 par common higher, as anticipated early in the in the general economy which several of the company's im¬ year-end manufacturing year-end 1960 with approximately 15,000 employees and ended with just under 17,000. Nearly 2,000 are engaged in the began the with Van 7,000 & & 5,000 Talbot 5,000 5.000 Co Alstyne, Noel 3,000 & Co.__ 1061. p. United Nuclear Plans for Corp.—To Be $25,000,000 new a first $33,000,000 Government. About in of as and backlog was in government contracts. The dif¬ backlogs resulted primarily from the slow rate of U. S. Government prime contract commitments: in the first half of the year, thfe report states. The company substantially improved its financial position in 1960. Long-term debt was decreased during the year from $12,750,000 to $12,000,000. Working capital position was improved by $9,578,000 despite continued heavy capital expenditures. ; TI expanded all phases of ilts international operations during 1960. Overseas plant capacity was increased by nearly 200,000 square feet, including completion of a new 132,000 square foot plant at Bedford, England, for the manufacture of semi-conductor devices fof marketing primarily in the United Kingdom. A new subsidiary company was established in France to manufacture semi-conductors and marketing within the European Common Market. 1959 $223,624 of transition." for the persisting softness competitive pressures in approximately ference 23% /. .:'/. Galen said. Mr. during $79,978,723 $65,498,142 versus also-'up were of 1959'vs Earnings per share of common stock larger number of shares compared with of the company's activities including the semi-conductor, the report states. Manufacturing by types $81,767,078 registered a year earlier. savings and loan associations amounted gratified, I960," in company totaled ;% , are both - year-end at increased together, the over subsidiary by Taken Financial outstanding and portant market areas." U. Rises— income deferred share. a 22% of $80,794,640 Total Mason have of 192, .-hare. a Trans-World gain a cents $1.13 of Assets Galen Mr. 18 or aggregated purchase year operations," could earnings company's $232,713,153 1959. of majority the Report— 1959. for $3.59 had corporation the were in high $3.91 were J. sales $193,212,809 Co.—Net feet in its history in sales and earnings at record high levels, chairman E. Jonsson and president P. E. Haggerty announced in 3 agent corporation.—V. for 1960 after taxes and before appropriations to amounted to SI.242,558 or 95 cents a share on the average number of shares outstanding during the year. Louis J. Galen, President, announced on Feb. 23. This represents a 35% increase over the $922,690 or 70 cents a share earned in the preceding year. suant million increasing Dowdle operations, recovery Tex., both board March the of reserves, UNDERWRITERS—The Dallas, transfer appointed earnings royalty interest in 12 said, 180,000 offer secondary 1923, p. Corp.—Appointment— stock value par Financial Trans-World general for Ector County Texas Instruments Inc.—Annual The above.—V. 191, Corp., been has Bank $1 common scheduled.—V. 5 of which are dual producers County, the Martin and wells, gas Fields Andrews Texas American's primary excellent prospects for to gas leases the Development dual producers. Dowdle additional natural of developed estimated, an All Research & 1861. p. properties purchased involve an approximate 20% and Goldsmith the McFarland 1061. p. consideration. Permian working interest in in Board as 193, Transcontinental funds properties were purchased from B. W. Wiseman, of Midland, undisclosed The listed of the outstanding common Chairman and D. E. Wool¬ own 8.3% group a is Tracerlab, Inc.—Transactions Cleared— See American of Interests— Corp.—Acquires Dovvdle, president of the Midland, Texas-based concern. an as Wright President.—V. as- company ' 1 acquisition of working and royalty interests in 30 producing wells The of the company is the performance of re¬ services and the manufacture and electronics, missile and space fields, and the advisory the manufacture the 853. p Texas assets earlier. year and in products equipment, Of Texaco's 1960, a .... in production oil crude gross the On to $3,646,773,103, compared of $1,173,226,710 were times current liabilities. Working capital amounted to $681,803,595. end $3,347,745 supplied the Plans. of business consulting of other barrels. 503,172,624 the Industries registration statement also includes common by amendment) which are to be company pursuant to its 1951, 1956 and be Option principal registration in Radio of other and barrels The to employees $35,000,000 962,113 sale. of to hemisphere. million stockholders to be (amount offered income amounted to $160,496,948, compared with $152,766,242 in the previous year. Texaco's gross production of crude oil and natural gas liquids in the Western Hemisphere totaled 239 million barrels, 3.3% more than in 1959. Despite record withdrawals, its estimated gross proved re¬ serves, including equity in nonsubsidiary companies, increased to 3,965 Electric all of the outstanding shares of that company. sold by the holders thereof for the most pact( through the New York, Midwest, Pacific Coast or Philadelphia-Balti¬ more Stock Exchanges at prices related to the current market prices fornia, 1959. interest, issued (to common Good-All for may Trans-World $2,678,029,271 portion a 26,184 of be to are or exchange shares t resulted principally from the company's customers, continued its investments abroad, and the consolidation to , for Texaco products, we propose to devote a budget to the building of terminals, product pipe and modern service stations." gross income totaled a record $3,140,805,492, an complete 1960 of and our more Texaco's the 1961 finding (2) of stockholders from demand great and in years, the to share lines, TI . were therein; aggregate an three in Such from outstanding shares 61,749,274 the to which 1961 capital and exploratory devoted, the Texaco report declared: recent in 90,414 interest of to Net on 23555 Euclid Ave., Cleveland, with the SEC on March 13, Wooldridge Inc., registration statement 'operations. and 1959. 60,541,379 9,732 be supplied by amend¬ shares issued in April Mfg. Co. in exchange for 83.6% of the outstanding shares of that company (the balance having been acquired in August 1960); and (3) a portion (to be supplied by amendment) of an aggregate of 124,054 common shares 1960 high all-time an $19,243 <• rest not over are and reached 1960 activities devoted Total of on the American Stock Exchange in the common Industries Corp., of Long Island City, N. Y., for 10-day period March 15 to 24, The /'Is Telectro of the the in major share of our budget will the producing of oil. The growing importance of the petrochemical field will require that we make sub¬ stantial investments in many parts of the world. In addition, to "As be on an order pursuant of the Securities Exchange Act of 1934 temporarily 19 (a I (4 ► suspending 0 /*: 15 rise includes an increase in dividends consolidated of $5,020,714, and year $32,883,622 of Detailing tures 7% a data in set the subsidiaries of share Per the for and operations also were income Net 1960 Corp.—Trading Suspended— March 50% a ment) petroleum of share, compared with $354,346,323, or in the report disclosed. in 1960 were up 10.6% over 1959, and earnings company's, affiliates upon 1096. p. ex¬ announced a final 1959, in income net $6.34 or in share, a and 1961, in States United the $391,750,659, of vHs.' exploratory and consumption in increase 2-to-3% a consolidated Texaco's of $5.85 283,165 shs. for reserved are capital operations— deficit-—— i960 $221,463 202,220 railway Ramo a covering sale its —" 1961 $220,809 206,117 $14,692 12,843 revenue_:...__--'-_ shares of common stock, which include the following: (1) 25,807 shares of common stock to be issued to three stockholders of Teves & Co., G.m.b.H., of West Germany, in exchange Outstanding —1- 2,000,000 shs. 10c)__; (par maintain to Ry.—Earnings— operating, filed 1961, The Report— total 2167./ p. Thompson Ramo Wooldridge, Inc.—Registers Common. 1958 prepaid.—V. 193, p. 424. year's 192, r'' 193, p. 645. Thompson world. free through v«; I I in products of net can be made at this time, it is thereof may be utilized as follows: (1) approximately $25,000 for the purchase of new equipment; (2) approximately $25,000 for advertising and promotion of the company's products; (3) approximately $50,000 for purchases of raw materials ultimate renewed to by forecast Texaco During Regulator proceeds to be received by the company, after payment of expenses, will be approximately $200,000. Such proceeds will be added to the company's general funds. While no specific i'i i.)} its the under on Tech-Ohm's 'July "i. '• of of centages •ti Oft .• 1952 has company / resistors -I, in but was 1961 27, and James W. Foley, President, in the company's annual report to stockholders. Such expenditures totaled $521,102,902 in 1960, and were expected to approximate that amount in 1961, the report stated. Commenting on the future outlook, the company said the oil in¬ dustry's '-prospects for a better return on investment were brighter." It pointed out that excessive inventories had been reduced and the price structure improved toward the end of 1960. 13 Dividends, changed was Feb. on 1961 above the $500 million mark, it was Augustus C. Long, Chairman of the Board, in March on offering circular, Edward Lewis 15 expects Inc. Texaco penditures Offered— share. per BUSINESS—Tech-Ohm was 1' ' Texaco Inc.-—Annual the Co., Inc., 82 Beaver Street, New York City, publicly of¬ fered 99,833 shares of this firm's 10c par common stock -W.' • March a due was the of ; expenses- from revenue railway search, "This Tech-Ohm Electronics, Inc.—Common Stock note Interest on it has been 1961. operating operating shares options. unsecured April 28, for issuance upon exercise shares reserved 25,000 include not outstanding tThis its of ''300,000 shs. None note *Does >■' , ■ +514% purchase to Net Net —V. Inc. Outstanding 750,000 shs. stock (10c par)_. ——— / payable to bank.—— Capital of Railway Railway which PRESENT FINANCING TO EFFECT GIVING Authorized to propellant manufacturing facilities; equipment for the expansion of micro¬ wave operations. The balance of the proceeds will be added to the general funds of the company to be advanced to subsidiaries for use as general working capital. The company has outstanding 861,043 shares of common stock, of which 283,000 shares were issued in February and March 1960 for cash at $1 per share, 167,000 in exchange for the stock of Talley of Arizona, 211,043 for the assets of the predecessor of Talley Industries, and 200,000 shares were issued publicly in July 1960 at $7.75 per share. Franz G. Talley, president, and Mae S. Talley, of Phoenix, own 100,000 shares each of the outstanding stock.—V. 192, p. 1442. Astro-Rocket ' for CAPITALIZATION machinery equipment; $225,000 to Microtech to prepay indebtedness proceeds of which were employed as working capital; $150,000 i/' and used be capital. supplied and •il\ V' will deduction of the underwriting the estimated expenses of the offering. The proceeds inventory, research and development, and working organized was company indebtedness if " commissions interest & the company will sold, shares offered are the • t Mexican Texas 12% about the international effort.—V. from ' • Month of January— for • of all approximately $245,000 after the receive y'%//,',// //,/'■ X//\//. a./////;//; ' under Delaware law in February 1960 and has offices in Mesa and at 1425 Milldale Road, Cheshire, Conn. It does not itself conduct any operations but owns, all the outstanding stock of Talley Industries, an Arizona corporation, Astro-Rocket, Inc., a Delaware corporation, and Microtech, Inc., a Connecticut corporation, and has a large majority interest in Microwave Dynamics Corporation. Talley of Arizona was organized in December 1959 to engage in the design, manufacture and sale of solid propellant ballistic devices; Astro-Rocket in June 1960 to engage in the design, manufacture and sale of solid propellants for use in rockets and ballistic devices; Micro¬ wave Dynamics in August 1960 to manufacture specialized microwave components and electronic test systems; and Microtech in February 1960 to engage in the design, manufacture and sale of.waveguide and other microwave components. The latter owns all the assets and busi¬ ness of a company of the same name which was organized in June 1957 and which sold all its assets and business to Talley Industries in March 1960 in exchange for 211,043 shares of its stock and the assumption by the company of liabilities and obligations of the prede¬ cessor. According to the prospectus, the company and its subsidiaries showed a net loss of $532,683 during the nine-month period ended Dec. 31, 1960, and operating losses have continued and the working capital position has declined as expenses in connection with ,the development of sales and products have continued to be incurred and as further investments in plant and equipment have been made. An action has been filed against Talley of Arizona seeking to enjoin it from the manufacture of one of its products and for an accounting for profits from the sale thereof. Of the net proceeds of the sale of debentures, the company proposes to advance $150,000 to Microwave Dynamics to prepay secured bank The in PROCEEDS—If by amendment. to i Peck and McDonnell & Co., Inc. The price and underwriting terms are to be Adams offering resulted ' and activities overseas volume Ohio, ■■ company Flushing, N. Y. Inc., 4551 E. McKellips Road, Mesa, Ariz., filed a registration statement with the SEC on March 15, 1961, $1,500,000 of convertible subordinated debentures due 1976, to be offered for public public '•/ has one wholly-owned subsidiary, R. C. R. Manufac¬ Co., Inc. This subsidiary occupies approximately 5,000 square a modern two-story building at 126-74 Willets Point Boulevard, The Industries, through Inc.—Common Stock offering circular, 10 incorporated was utilized. feet rate, March a Eastern 1873 Talley Industries, Inc.—Registers Debentures— Talley company's sales executive, administrative and engineering offices are located at Parkway in Brooklyn, N. Y„ where 7,500 square feet are cipal has the to under the laws of the State of New York in December, 1956. It is principally engaged in the manu¬ facture pf electronic equipment and components. The company's prin¬ the ior of value, par capital for the business 853. p. Co., Michael & Co., and BUSINESS—Tensor b;een appointed transfer agent and 6% cumulative convertible preferred corporation.—V. 193, p. 148. Bank Manhattan disbursing $100 stock, 193, Satnick & Co., Inc., all of New York City, publicly offered 100,000 shares of this firm's 10C par common stock at $3 per share. 1960.—V. 192, p. 2268. into Stylon Corporation in April, 190, p. 1567. Chase to Pursuant — Dresner Syntex Corp.—Appointment— dividend used Tensor Electric Development Co., major i !h- corporation.—V. and significant of One - V| \) be the , residential modernization market constitutes market for the tile industry, Mr. Mass noted.- manufacturers of ceramic tile, Stylon maintains a plant and headquarters in Milford, Mass. Other company plants are located in Florence, Ala., and Redondo Beach, Calif. For comparative purposes 1959 figures have been stated on a pro forma basis to give effect as of Jan. 1, 1959 to the purchase of a 52% interest in Redondo Tile Co. in March, 1959, and the merger of that remodeling The another V ' will of operations working provide shares the of continue their upswing," Mr. Mass tile are expected to titles of ceramic noted. ;>>. t'v integrated been announced by Olin Mathieson (NDA) The and three in Mallinckrodt the leading Chemical Corp., announcement Formed— corporation organization which field of companies will be nuclear in the nation's the have energy nuclear field— Nuclear Development Corp. of America Chemical Works. made by Stanley de J. Osborne, President President of Mallnickrodt, and John R. Menke, President of NDA. Notices of plans to hold a special NDA stockholders' meeting to vote on the action were mailed last week. The new company, to be called United Nuclear Corp., will combine of Olin; the facilities and St. Harold the tne' and time shareholder. was Thayer, personnel Mallinckrodt Louis At and E. of NDA, Olin's Division, Nuclear Commercial Fuels operation, at Operations, Mo. formation United of Nuclear Hematite, of Nuclear the will new have company, total Olin will be majority employment of approxi¬ mately 1,400 persons. United tion in Nuclear the . will United be the States first and , ; integrated nuclear service organiza¬ will serve both commercial and gov¬ ernment customers/ It will have skills and facilities for research and development, reactor system 'design, / manufacture1 < of nuclear fuel materials, reactor and core fabrications, fuel management, cold -scrap processing, isotopes and hot1 radiation energy sources. It will also . - Volume skilled personnel have 193 Number in hot 6039 President be. of' United The Commercial and . "transportation, core' processing and hot waste disposal. William C. Poster, currently a Director Nuclear hot 000 J, j Corp. currently Executives in of Charles D. Harrington will be Vice-president of the former Mallinekrodt Nuclear Division, Commercial Operations, at St. Louis and Hematite, Mo. According to Mr. Foster, the decision to form the new corporation based four considerations: on , . The growing' demand steel in that each three the of involved companies stetl imports. - reported.-—V. 191, Victoreen The company, statement with will be nuclear the time part been United of in the portion Nuclear of nuclear field Nuclear the 1942. since The 1955, and now employs 100 persons. It specializes in the conversion of Atomic Energy Commission supplied uranium hexaflouride to uranium metal, uranium oxide, uranium carbide and other fuel materials. It also Corp., was , specializes in cold scrap processing; potential for converting, uianium hexafluoride. uranium with NDA, engineers formed . and in offers scrap the new uranium the leaders in nuclear technology witn design/development and fabrication of reactors This States Freight with statement in to. the SEC each for subscribed not debentures 1961, due filed be for company In the expansion, trailers ated extension and the of rental fishyback operations; operatioxxs of ' other In carried aro tion of be used connection in ' with Richard Business number Total includes the the at earnings income year-e.id. increased taxes Total and (17 during V. time, t'^e year. 189, .(33.3 become in due in net -earnings of 6% c,._ ! A * . • W. com¬ % and U. S. Vitamin of in 1960, on March this - to notes future H. Boris"'Burns, 1, $2,092,999. Mr. Burns $1.10 or- 5.8% x . on President; "said slated share, a "The for t most 1960 DBI important from came and ARLIDIN, that substantial well, C. million In .the stated. ' I' foreign field, to i960 .to v - Corp.—Ann. small a The limited by dollar in the annual after $1,978,3.49, report $1.04. a share to improved sales increases in the increases in * - " "In and sales other the amounted or nationalizatioix breaking of this , type of" operation continues to grow in Colombia;:Brazil, Uruguay, Iiidia and Spain.", said that the company had under consideration Mr. Burns the properietary and field with some of. the $21.25 a share per company, to which ' -» , the that stated company, which is in now a to of com¬ During each.—v i960 the 192, p. paid company ,7y 447. quarterly dividends of 7• v.': ; ■.-v /■ ;, four 15 cents automotive and . used to retire bank loans. The remaining $2,500,000 is to be drawn down prior to June 30, 1961.—V. 192, p. 349. revenue expenses---.— operating revenue sales- in $70,036,569 in 1959, of America—Shows Loss— -were Preliminary estimates are that the company last year incurred a loss , Lee the . Tlxe with California a test and The most used has $719,954 --—313,248 : ' 7' 7 and President that over the commencement its first-gas of -drillihg venture operations W. who W. Holnxes below 11.5% the 1959 be will be testing the of tlxe in figure employment average any to a the one highest month March for and of of $20,715,its . tlxe lowest year was figures 192, was 1536. p. Common Stock — 8 succeeding commenced to business % ■ . in tlxe 1937 sole in under the proprietorship 1933. equipment for treating flat rolled steel of wavs, includiixg chemical change physical change through thermal treating. open, coil process" and the equipment for its in variety a and commercially available chemical composition steel has" lor of the first flat been heretofore time rolled method a steel. accomplished, Gas but for only on a laboratory basis. Tlxe coixxpany's "products primarily by the steel industry and also by producers of part metals. "7\%7':7*'V,•;,''--7.\ offices located are Ohio. ; 20005 at 7 7V. V. . Lake ; ' Road, 7V"' ;y77: 7 '7' •'■■ Rocky v payment EFFECT GIVING TO shares (no Authorized par) —— FINANCING PRESENT ■ t600,000 Outstanding 450,000 , . • value common shares was ixxcreased froixx. 250 to 600,000, the company's 45 out-? standing common shares were split on a 10,000-for-l basis axxd the stated capital was increased from $4,500 to $900,000. * March ♦On tlncludcs exercise 8, 1961, 22,500 authorized number of no par the common shares reserved issuance for Testticted( stpcky 6ptlons.t%V. 493,: of,-,einployees' Nev. Hydraulics, Inc., Reno, Securities and Exchange Commission— 7 — the 148'. upon p. Files With - corporation on March 2, 1961. filed a letter of notification with covering 50,000 shares of class A common Stock to be offered ($5 per share), without underwriting. :- ' ' The proceeds are to be used for a lease; purchase of tools, supplies and inventory; miscellaneous expenses and working capital. The the at ' $4,005,686 3,390,846 SEC par ings Industries, reported Inc. on .March Report 13 share cn sales of $42,791,297 in of $306,060 or 44 cents per earn¬ 1960 of $280,304 or 42 cents per share on sales of $38,865,841 in 1959. Per share figures are based on 696,467 shares outstanding in the hands of the public at Dec. 31 ,1960 and 670,332 compared shares -- with earnings the In at stated 1959. of end annual the " I. y ' shareholders, Captain L. R. Thornton, was able to increase earnings by . ^ to report that the companv though conditions" remained highly competitive In part, these results were ascribed to the com¬ improvement program designed to insure During 1960 tlxe company invested more than $1,500,000 in capital improvements. . Captain Thornton told shareholders, "We commenced 1961 with & construction and dredging backlog of work higher than We had at this time last vear. When the hoped-for business pick-up commences, we are confident of getting our share of tlxe work."—V. 192, p. 1862. 10% throughout even the year. pany's continuing capital a competitive organization. northern 5,000- operator. of $430,- face preserve 398.—V. was incorporated was Ohio, Williams-McWilliams for a Brooker volume total competitive and competition. 7%7.) between had developed ♦Common ;y % ' cretaceous Forbes formation between production is in the Kxrkwood Gas Field, nine miles south of the Westates location. The well Will also check shallow prospects in the Tehama zone which produces two miles to the south in the Corning Gas Field. The wildcat represents Westates' first entry into a gas venture in will 6,000 feet. The E. dollar 1959 produces wire principal nearly in the the 7 -. 53rd $614,840 269,723 stock of , 14 well and stock Robert 1960 the , increased .7 Co.—Starts Drilling— into appointed value par value proceeds of the sale of the common shares, after of certain expenses incident to such sale, will be paid selling shareholder,- Margaret S. Wilson, the wife of Lee Wilson.7\ % ' ". .. '7- "y ;V.' '';7,7,;; :y;-y yy y: - ■ . -'V entered been cents PROCEEDS—The to / its has 10 par %;.7'7':7%% of alloying gas newly the gas March said. York Williams-McWilliams Industries Inc.—Annual . first 1959. company, CAPITALIZATION well near Corning JfrTehama County), it was announced by H. W. Thompson, President. Westates, which will have a" one-sixth-'interest in "the gas >play on 4,000-acre block-, is^-participating c-with' a group; Mr. Thompson foot on Petroleum company the top 13,670. company rod River, ;; railway operations—---- —• y7;%'\:7 of .7..y>"-;7 company price change in state Wilson, President, 2.000 approximately $57,000,000, compared with William C Keeley, Chairman, reported on Feb. 28. I960 froxxx 646. 193, p. those Dividends ixx ■ non-ferrous • $3,935,063 3,215,109 — operating income-—; railway The II, were tlxe Pursuant — of are $22.69 V —__i_— earnings alone were " said, operates ;; Railway paper in cut in tlxe average selling prices of appliances difference 7% tlxe stock $16,768,000 $18,084,000 $33,616,000 $35,521,000 Railway operating The Vanadium Corp. with the changing the alloying of sheet ..y7'* 1961 mill, 9.3%. 1959. $1.10 of 1961—2 Mos.—1960 1961—Month—1960 Pacific RR. Co.—Earnings— Westates Universal-Cyclops Steel Corp.-^-Notes Placed Privately March 16, 1961, A. G. Becker & Co., Inc., Chicago, placed privately $25,000,000 of this Bridgeville, Pa., firm's 20year, sinking fund notes. .Of the total, $22,500,000 will than of cost white cnarges . New increase they intense ixx application makes dealers p.: 854. Western Net of stockholders 3.7% a keep with and through diversified line of merchandise in its including hardware, household ap- highly its Month of January— Net of of Williams sells and finest decliixe : Gray, 16,228 5.6% a BUSINESS—The 7'y%;,;;> Auto stores 193, —V. Co. of $15,689,000 Tlxe biggest stock. * the " 1 higher the improvement prospectus, Prescott, Shepard & Co., Inc., Cleveland, O., publicly offered 67,500 outstanding shares of this firm's no par common 1959, - move - world's, V 1166.' shipments, year closed Its $157,268,421. to Western company company's of,the pdrtion of the depreciation 2140. Trust to to a Offered shares. of the company's common by period Maryland capital that dollars p. p. company's two 13,802 822. manage¬ the service. , a existing and contemplated products which. lend themselves to promotion directly to the consuming public through television, radio, newspapers and other mass advertisixxg media. In this ax-ea, the company is weighing the advantages of possibly acquiring an existing successful proprietary drug company or organizing its own proprietary division. : axxd %.;-'7 from and share,-' a paid were $1.40 per common share, ■ %7 v i7 - ;V7 executives called particular attention to the company's success in maintaining stable employment throughout a when the appliance ixxdustry was struggling with overproduction year •vand high inventories, Whirlpool began the year with 13,318 employees has —V. 191, Ellsha letter made in Tlxe Its owned taxes same and the at million $55 a- one out miliioix decline was compared and year, the charges installations substantial 193, reflected company Panama Argentina, provide represented ■'outstanding A total of $4,207,660, $1.40 per with $3,756,840, or $1.25 per snare, for was the company's 132nd consecutive The company's common stockholder's stores for ; a Earnings per share of common stock, based on 6,244,095 shares outstanding, were $2.40 iix 1960, compared with $3.22 on 6,213,472 shares payment retail of - and cents share, a • $3' year. for 740,000 shares of common shares of class B 10 cents' earnings market < ■ as cents %' _ than more last *■ reached allowances for Unit and which 7,801 employees, and 5,692 stockholders.: He -stated that the. is pursuing a policy of opening larger stores to display additional lines of merchandise and expand customer automotive- V ' Peru, Net 27,960 shares had equal to 31 depx*eciation major dividends. compared joint local manufacturing gets underway in Venezuela, be Net 000 ■%/. 1961., Into Johnson, T. sell to shares. the holders that quarter Swanson % year, added a Chairman, their industry an the company's stockholders. The $263,264,339, exceeded only in to • royalty Chile, 191,880 were year approximately 3.000,000 finished packaged units, with a 7: pliances; sporting goods ; approximately .million-,-. were manufactured and sold Period End. Feb. 28— participating overseas arrangements, yielding substantial sales payments, which are. expected-to reach an all-time high in v S. and proposes United States, increased, during the year, from 400 to 406, and the number of Western Auto dealers stores increased from 3,674 to 3,717. The company-owned stores accounted for $105,995,918 of the company's total sales, while the company's sales to its dealers year," Mr; Burns said. growing, each these and shares, and capacity excess 6. in 497,000. economic conditions in the large metropolitan areas. paid as 4th number Mr. 45 fell record in dollar and unit, volume minimized shrinkage earnings in 1960's highly competitive appliance market, Wnirltold its stockholders in tlxe annual report lxxailed on $446,378,000 1960, the second most successful year history, according to a report made by in 52-year stated record was throughout volume for established and attained axter $1,692,000, completing Midland agent ' earnings of under books and owns 487,080 President, 1960 value public exercise and axxd Corp. March 7 its share. The The % is Ethan the company's per « restrictions import sales works and of high schools. A sale of additional materials designed for use the 24,000 quarterly dividend payment. equity increased, during the shai'e. to in .-y "This.class of foreign 120% at $56,871,000 first ixxajor new unduly low prices all-time net pool underwriting Reis Sanford elementary shares completed, Swanson 1959. issued increased taxes or only per share, in sales . shortages, industry. of earned during the year $8,686,785, or.$2.83 per share, in the preceding year -when it earned $8,958,111,. or company received Report increase S, yitainin & Phaxmxace-utic&l Corporation change overto local manufacturing. on a joint proprietorship basis with nationals in countries where trade was • textbooks, for President, group in by adverse exceeded million. $6.3 U. during continued a sales; for marily placed were • (CVP, -AQUASOL A, the Panthoderm Group) and froxxx newly introduced products; rBACID, C-B VONE, TRYPP and NEOPAN," Burns L. the earnings Whirlpool Corp.—Sales Up, Net Down— Secondary registration statement, common shares which were to mill economy quarter, or pointed I960.—V. Marine An company's Golden Anniversary Year, when sales were $265,367,303. Mr. Swanson stated that the 0.8% decline in sales was caused pri¬ specialties Mr. as Swanson, pany's % $2.29 sales as of from sell to 96,000 owns volume sales A. was . . earnings fi'om contribution as new Johnson, Johnson, Auto Western 1959. At the same time, sales increased to $14,918,930 from $14,866,301. ' of Western Auto Supply Co.—Ann. Report—Sales Lower in of 1,686,700 laws reserve $11.3 that million $5.7 _ rose 7,500 to for corporation.—V. high ... Pharmaceutical corporation and any The exercisable are for up Whippany Paper Board Co., Inc.—Appointment— The outstanding 720,000 shares of common stock, Executive Vice-President, owns 199,200 has proposes officials Mr. Profits for warrant, per which proceeds Quentin MacLean ment '* < - equity" increased .from t to acquisition and is company year. He than a half transfer proceeds applied price Md., sales starting ' that designed quarter of first . last more ; although of (Lee) Wilson Engineering: Co., Inc. E. Vice-President, reserve after, this miliioix $5.7 subordinated - . offering amendment.: 31, costs general amounted to operation accounted from the from : 5c the mills, shares public by Improved . Jan. the Luke, record the noted into program the 51;960 shares, being outstanding Newhard, Cook & Co. heads and p.:; 14:40. : ,'7%-"-.."l":.-,-'' $2,414,000, . Luke where both. or for to i960. Mr. thereof. The and net company which shares reported share) as per the and the previous The compared capital new of be 192* President, said that sales this year quarter high of $60,177,000, exceeding by the bringing Louis, Mo., filed a registra¬ 13 covering 131,960 shares are to be offered for March on 80,000 warrants at Jr., the of The of - 1959. in will be used to develop program teaching machines and in other formats, and the balance will be added to working capital and will be used initially to decrease the amount of future short-term borrowings and for other general business earnings cents share*) per balance may of the in 1 ended industry. compared as in per^hare). ;: - 390. p. sold, St. Ave., SEC which stock with total all-time an - comparable over and - reached " $860,903 cents possibly may first million $5 Stockholders' • 40% were (24.2 cents and * capitalization^ -increased included • that for -the $438,409 wore 35% Reco the company is a publisher related school materials portion 1960, 1959, ov.er of March company's preferred dividends, purposes. in growth 40'/i> The and other companies, The 2. amounting to $27.4 million. The by the pioneer equipment leasing increased previous- year, and with $614,560 established increased year in level.—'V. because decline taxes 1959. end, year Luke, earnings Beard supplied gain. compared for record March on 1154 of 10-year be to H. and company enjoyed announced served 66% a Francisco, 1960 receivables million $48.5 in customers lease Total San Elkus during written of showed pany of added leases new of J. of to-be or . cox'poration, million 425. p. with Shepley, offering price. United States Leasing Corp.—Record Highs— This President acquisition development the of .of, underwriters. are sold A. 4 930. p. 193, stock, also has outstanding 1,077,573 shares of capital stock, of which management officials as a group owix 38,065 shares. M. Forgash is listed as president.—V. 189, the the funds sale by the company by the present holders terms ' , indebtedxxess, instrumeixtations L; incoxxxe for . certain company, list the. (the certain to including to statement stock, aboard busixiesses. addition for Corporation. treasury the acquisition common public piggyback to $900,000 Kolus of purpose, or addition This and rehabilitation of the company's $2,000,000 for the acquisition of refriger¬ connection with the proposed $5,000,000 medical Webster Publishing Co., Inc.—Offering and transporting of freight, shipments in trailers ship), including the acquisition of vessels for use in such operatioxxs; and the balance for working capital requirements and. general corporate purposes, including, the acquisition which other the paper first new price of outstanding shares at underwriters will receive a 7% con¬ said operations and for leasing to carriers'and the shipping industry* generally; $300,000 for the acquisi¬ tion of approximately 500 vehicles for the expansion of the company's truck the David level with* compared before Paper Co.—Sales Up, Net Downon. 1961, year 1960 the 31, earned' $11,393,756 $22,578,756 at Earn¬ Dec. 1959. high a reported year's the in . equipment in company's last reflecting and part a at in $186,- 1959. Substantially all of the reduction decliixe in the production work at Melpar. and development now being performed at research fiscal at market the of .equipnxexxt and chairman.—V. replacement accessory and certain subsidiary, to from were in ended year income with $57,000,000 of the per share, Consolidated was subsidiaries $209,448,298 for decrease compared the end remains company quarter indebtedness, the compaixy has outstanding 1,661,067 common shares, of which management officials own about 10% The prospectus lists David H. Cogan as president and board forwarding, foreigix freight forwarding and local cartage. The proceeds from the debenture sale will be used as follows: $2,500,000 for Common—Pro¬ Subs.)—Ann. Report its of taxes $1.81 were West Virginia Pulp current follows: of still sales 33% a year. orders due was -Volume The Co.—Registers (& and company from ixxcome $15,155,495 of unfilled Melpar the $7,622,495, previous was backlog The display as to $85,000,000 at below the and become products freight cartage and piggyback fleet; with in gas 192 •' • 11% for Earnings the backlog more steels electronic and used corporate The 1959. in 1960 accounts will be group of underwriters headed by Merrill Lynch, Pierce, Fenner & Smith. The underwriting terms are to be supplied by amendment. The company through its operating subsidiaries is engaged prin¬ cipally in furnishing, freight transportation services, including domestic net even alloy measuring instruments, radiation dose indicators, field radiation survey meters,' hi-meg resistors and and field, another supplied may for lubes. equipment interest rate, record date by amendment. Any deben¬ offered for public sale through a to be are $2.71 facilities; $850,000 for financing increased inventories receivable; $600,000 for the modernization of existing acquisition of new automatic equipment of a sub¬ sidiary, John E. Fast & Co.; and $450,000 for expanding and modern¬ izing the existing: facilities and opening a new West Coast operation for and The during by from Through its four subsidiaries the company is engaged development and manufacture of multi-channel analyzers, the to concept. registration $15,393,900 of 1981. 1, amounted capacitors, photographic-electronic equipment, signs, and also produces a broad line of felt for use by manufacturers engaged in industrial, medical, pharmaceu¬ tical; aircraft and missile fields. Net proceeds of the stock sale are a covering April held. shares seven subscription price tures 15, York, 1960 2685. offering; advertising offer such debentures for subscription by holders of its capital stock on the basis of $100 principal amount of to outstanding proposes debentures March on New the increase of of provision after 5806 to spectroixxeters Co.—Rights Offering— Third' Avenue, subordinated convertible and 711 company, was other i ; .. record. sales ings radiation electronic equipment United and of decrease a Mr. arising resulting liquidation stainless of the . President, announced that the 1960 annual report Air Brake Company was mailed on March 1 to Westinghouse Net nuclear of advanced of laboratory scientists by inventory production p. of related medical , and The company is one of particular abilities in the 1948 of and . King McCord, 376,457, recession, maladjustments strike . Consolidated the company is primarily engaged in the development and manufac¬ of various electronic and nuclear ixistruments and devices, such as ture . • employees, was formed in the wartime atomic- progi-am. sales although the-company has established various .sections of-the U. S, and Canada.—V . shareholders of in 1961. The the company recovered or - 350 irom December prices of cession. Com¬ which, becomes Division, 1960 closing writedowns low A. 57 California, in Westinghouse Air Brake Co. point Hough Ave., Cleveland, O., filed a registration the SEC on March 16 covering. 350,000 shares of common stock, to be offered for public sale through underwriters headed by Van Alstyne, Noel & Co. The ■ initial public offering price1 cores. has steel Instrument significant contribution to the new corporation. Olin, in the nuclear industry since April 1956, now operates a highly diversified nuclear manufacturing complex in two locations, New. Haven and Montville, Conn. These combined facilities employ 950 persons and are the largest in the in u us cry for the production of Operations all, for of 1958. Keeley Offering— poses makes • Mallinekrodt serious 1959 impact 1960 of part production p. rates, Mr. final the current expected company's by as long The the on with critical the not labor break-even factors, inventory liquidation witnessed in producing industries. "This was occasioned well as the the severe and capacity for associated rnosf are Increased important reflect to ores this - - ; utilize Vanadium Corporation ferroalloys. The company's sales volume since Jan. 1 has Improved moderately,, pointing to more normal demand for products later in the year, Mr. Keeley said. The company's financial condition continued sound, he a mercial the was costs charges of despite approached critically plant .and, responsible and have were $3,150,- over For 1959; net earnstock, after deprecia¬ $3,144,059. ^ common which ... Foster noted Falls Similar unprecedented^* drastic for these consuming the other of amortization. volume would manganese cited, excess isotopes, "hot" fission products and compact nuclear power sources for: military, space projects, and com¬ mercial applications. (3) The: growing nee,d for "hot" - scrap reprocessing, i. e., the re¬ covery of- unspent fuei, isotopes and other irradiated materials by reprocessing spent fuel elements and cores, (4) The government's expressed desire to induce private industry to enter other areas, such as "hot" scrap reprocessing, which have been mainly the province of the .government. Mr. and market. Keeley government in ob¬ a single integrated and from Niagara sales for Among and snart* of a amortization_ charges year been Primarily organization than are available today. (2) the world and last $1.66 or reduced not chrome ^ v (1) Interest by electric power utilities taining a wider range of nuclear' services it reported. Dr. was with company had depletion $2,494,445 depletion Even the (1277) $1,000,000 after non-cash charges depreciation, were tion, the three respective nuclear operations will be Vice-Presi¬ the new company in charge of those activities. Mr. Menke will be Vice-President' of United Nuclear's NDA division at White Plains, N. Y. Edward Hartshorne will be Vice-President of the former Olin Nuclear Fuels operations in New Haven and Montville, Conn. in dents for ings and Vice-President of Olin, of charge Financial Chronicle amounting to about re¬ scrap v y Will . . ♦ the closest Forbes Wyle Laboratories—AppointmentFirst National 2.000,000 shares company.—V. City of 193, Bank the p. has common 1166. , been appointed stock (without *• 7 traixsfer agent for value) of the par ;{ < 58 : < The Commercial and Financial Chronicle (1278) . . . Monday, March 20, 1S61 '■t / ;} v STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ''! i / ■>y ui ' t > > ARIZONA it ! r ' Apache County School District No. 3 (P. O. St. Johns), Ariz. v bond Sale—The $60,000 school building bonds offered on March 6—v. 193, p. 855—were awarded to Coughlin & Co., Inc., as 3yss, 3y4S and 3V2s. " ;. .!* ' ) ; i . ■;» r i ,i f i ,t '■V No. 8 ) Sale—The $279,000 building bonds offered 6—v. to re Fallbrook Union High San School Dist., County, Calif. v Sale—The $2u5,000 bonds Diego Bond Feb. 28—v. offered on —were awarded to The First p. 958 Security- 193, of Bank National jointly. 193, on awarded 958—were p. school March Coughlin & Co., Inc., and Gartt-Bromfield & jointly, Co., as 2%s and 2%s. Gila Bond Los 7—v. 193, J. to B. Payson High School District (P. O. Globe), Ariz. bond Sale The $153,000 gen¬ Co., as fol¬ lows: $54,000 County, & Hanauer 4s. Due on April 1 from as 1963 to 1980 inclusive. 24,000 1981 1, 1961. obligation fered March 8—v. on bonds 193, of¬ 958— p. awarded to William R. Staats were & school and E. F. Hutton Inc., jointly, as 3s. Co., & Co., Maricopa County School District No. 45 (P. O. Phoenix), Ariz. Bond Offering — Rhea Averill, Clerk of the Board of ; 11 ,4 '■ will i receive a.m. I' (MST) sealed Supervisors, bids until 11 May 1 for the pur¬ on chase of $62,000 general obligation school bonds. Dated May 1, 1961. Due u* July 1 from 1962 to 1976 on inclusive. 1991 County and Costa Contra Counties, Calif. G. Blue, Offering—Jack Bond County Clerk, will receive sealed bids at his office in Oakland, un¬ til 10 March 28 for $92,000 school, ^eries A bonds. Dated May 1, 1961. Due on May 1 from 1963 to 1986 inclusive. Principal and a.m. (PST) purchase of the interest on payable (M-N) at the Legal¬ Orrick, Dahl¬ County Treasurer's office. approved ity by quist, Herrington San Sutcliffe, & Principal and payable at the Bank, of New York; Halsey Stuart1 office. of Francisco. Hay ward Union High School Dist., Alameda County, Calif. Bond Sale —The $1,900,000 \, • \V/'; \ headed system bonas. 1 Santa Monica ing 15 Biytb Offering — Jack G. Blue, County Clerk, will receive sealed bids at his office in Oakland, un¬ til 10 the school, $52,000 of series B bonds., Dated May 1, Legality officer ap¬ to Due on July 820,000 1977 Other cate Due 3.90s. as from 1 members :of were July 1 on the syndi¬ follows: as Merrill Lynch, inc.; K. cisco. Staats & Co. ; Wm. E. Pollock Co., Inc.; Wagenseller & Durst, Inc., and Fred D. Blake & Co. < & (P. O. Water District Marin Navato, San Rafael), Calif. Bond Sale —The $1,500,000 Vallejo Avenue, $750,000 CALIFORNIA Artesia Sch. County, Calif. Offering—Gordon T. Nes- Bond vig, ,>i' District, Los Angeles County sealed bids will Clerk, receive office his at in Los 300,000 9 a.m. 80,000 ■111 A •Vi» able *,t' ■ the at County on April 15 April on 15, pay¬ Treasurer's Other cate members were as of 200,000 California (P. O. Los Angeles), Calif. Bond Sale —The $2,750,000 student union building 1958 rev¬ 350,000 Merrill Lynch, Pierce, Fenner & Smith, Inc.; Dean Witter & Co.; R. H. Moulton & Co.; J. Barth & Co.; William R. Staats & 1, 200,000 xnc.; Due 4s, 1983 to (P. Toll Bridge Authority Sacramento), Calif. O. April on 1 1990 inclusive. 1992. office in Visalia, until ."i for the purchase of $70,000 school bonds. Dated March 21, 1961. Due thority, • C. N. White & Co. clusive. iifi' until ■;i» Offering—Robert B. Brad¬ for the 11 will receive sealed a.m. (PST) on March 28 purchase of $5,000,000 San Pedro Terminal Island toll 1961. able and Due as bridge bonds. revenue tollv bids of Dated April 1, July 1, 2000. Call¬ July 1, 1970. Principal on interest (J-J) payable at the Bank of America N. T. & S. A., of San Francisco. Legality approved by Orrick, Dahlquist, Herrington & Sutcliffe, of San Francisco. olv '*1) vli Colton Joint 'Ml District, ;lt|i Union San Riverside High School Bernardino and Bend tion 'Ml' •Ml Sale 1960, — The series 1 bids until the purchase of $2,000,000 school bonds. Dated May 1, 1962. Due on May 1 from 1966 to 1981 inclusive. Principal and interest (M-N) pay¬ able at the fice. veny offered March 6—v. 193, p. 1063—were awarded to the Bank of America 'W N. T. & S. 3V2s, at a County Treasurer's of¬ Legality approved by O'Mel& Myers, of Los Angeles. Lessen View Union School District, Tehama County, Calif. Bond on '•V a£ his office in El Centro, 2^p.m. (PST) on April 3 for A., of San Francisco, as price of 100.008, a basis of about 3.49%. Sale—An issue of $82,000 school building bonds offered on March 7 was sold to Hill Richards & Co., at price of par, a terest cost of about net in¬ a 3.97%, as fol¬ lows: J: Covina-Valley Unified School Dist., Los Angeles Bond vig, f; V •V jv ilV Calif. bids Angeles, Clerk, at his until will office receive in Los 9 a.m. (PST) on April 18 for the purchase of $575,000 election 1960, series B bonds. Pated May 1, 1961. Due on May 1 from 1962 to 1986, inclusive. Prin¬ r ?' As ♦if} 3,000 5s. as 1962 Offering—Gordon T. Nes- County sealed v> County, $15,000 to 1966 4V2s. as on Feb. 1 from inclusive. Due on payable Orinda Costa Bond as 3y2s. 15,000 to as 1976 4s. to on Due Due on County School Dist., Feb. 1 Feb. 1 from inclusive. Peters, Writer 193, County, Calif. — W. T. Paasch, a.m. (PST) on March 21 purchase of $115,000 school bonds. Dated June 1, 1961. Due June clusive. (J-D) 1 on until 2:30 p.m. (EST) on March 28 for the purchase of $6,000,000 . school $1,745,000 March 14—v. to Due from 1962 1981 in¬ interest the at payabiej to and Principal a price of 100.399, a basis of about 3.11%. inclusive. Callable as of Jan. 1, Principal and interest (J-J) County Legality office. ap¬ proved by Orrick, Dahlquist, Her¬ New Castle County, Henry C. Con¬ 131 (P. O. Wilmington), Del. Bond Sale—The $484,000 1961 building March 14—v. awarded to a bonds 193, school on composed of School District, Calif. Bond Sale—The $154,000 school bonds offered on March 6—v. 193, 542—were awarded to the Bank N. T. & S. A., of San of America * c ; 1 i 1 . . were ' South - Bond Town 27 L' r * » • ' * 1 * ^ * $325,000 and (EST) on housing " authority the or) Due on of bonds. July 1 1985 inclusive. Prin-r interest bank sealed (EST) purchase revenue 1, 1960. cipal any receive p.m. sewer at April 20 for the purchase of $50,- Leedy, Wheeler will for Offering—Sealed bids will new ' 7:30 1963 to noon f Pasadena, Fla. Clerk, until Dated July Administration, un,til t Offering—M. W. Koernig, from received a Nuveen & Alleman, Inc.; Pierce, Carrison, Welburn, Inc., and Beil & Hough. Washington, D. C. 105,000 • follows: as March be John by . 1 > bids Bond to syndi¬ & Co., and Ira Haupt & Co., as 47/sS, at a price of b/.OO, a basis of about 5.03%. ' ~ 1 ; Bank, 3.44%. Public Housing $1,350,000 pub¬ awarded headed about Riverside County, West, Fla. lic improvement, series 1961 bonds offered on March 9 — v. 193, p. Philadelphia, Laird, Bissell & Meeds, and Laird & Co., as 3V2s. at a price of 100.535, a basis of DISTRICT OF COLUMBIA Elementary Key of rington & Sutcliffe, of San Fran¬ Perris Manhattan Other members of the syndicate 1064—were National Chase Bond Sale—The , offered p. group Philadelphia the 1064—were School District No. .r. cisco. at shall, Trimble & Mitchell, of New York City. cate DELAWARE The 1, 1961. July 1 from 1962 to 1981 on composed of The First Bos¬ 3.15s, at Dated Jan. a Corp; American Securities Corp., and Wood, Struthers & Co., rad bonds. - ton as - Bank, in New York City. LegaL ity approved by Caldwell, Mar-r 1063—were awarded p. group Sale —The (P. O. Offering—J. Crockett Far- payable Britain, Conn. offered Contra (J-J) trust or payable company designated by the successful bid*der. Legality approved by Chap¬ man & Cutler, of Chicago. bonds. GEORGIA School Los District, FLORIDA J Angeles County, Calif. Bond Offering—Gordon T. to 1975 inclusive. 1986 the at Offering 10:30 Feb. 1 from on interest for the on Bond 1, inclusive. 33/4s. as from 1971 40,000 Due 1970 and Bond 1 Tampa), Fla. sewer CONNECTICUT bonds Inc.; struction, will receive sealed bids $245,000 Christensen, Inc. New County Clerk, will receive sealed bids at his office in Martinez, un¬ til School District No. revenue awarded to Inc.;> nell, Superintendent of Public In¬ office. Union Ranchito 1968 21 Francisco. Feb. 1967. 9,000 March Principal Treasurer's p. Due on March 21 from 1963 to 1976 in¬ on Treasurer's $600,000 elec¬ bonds (PST) a.m. (M-S) Imperial Junior College District, Imperial County, Calif. j Bond Offering—Harry M. Free, County Clerk, will receive sealed Counties, Calif. •in 'M & on —were & Co.; J. A. Hogle & Co.; Kenower, MacArthur & Co.; Lawson, Levy, Williams & Stern; Shuman, Agnew & Co., and Bond fered Co., Co., & Hillsborough County Special Tax 7 was bonds of¬ March 14—v. 193, p. 1167 improvement & Co.; James F; Magurno & Co.; Howard C. Traywick & Co., Inc.; Townsend, Eaoney & Tyson; Granger & Co.; The Phelps Co.; Pohl & Co., Inc., and A. Webster Dougherty & Co. Co., jointly. Sale—The Union bids at his J. B. Hanauer & Evans Andrews Thomas M. Cook & Sterling, Colo. County Clerk, will receive sealed 10 9 A. han, Harris & Co.; Beil & Hough, Inc.; Kenower, MacArthur & Co;; $270,000 March Alleman, Christensen, Inc.; Com¬ merce Trust Co., of Kansas City; Johnston, Lemon & Co.; Strana- Hogle & Co., and George Baum School District, Tulare County, Calif. Bond Offering—Claud H. Grant, Valley oerg; Co.; Stone & YoungCruttenden, Podesta & Co.; to on & & 1971. Oak ford, Director of Public Works, Secretary and Member of the Au¬ A i K. Bond Due on April 1, 3V2s. and sold 1982 inclusive. to F. Hutton & California b offered Wheeler A. Wells general obligation water extension Due on April 1 33/4S. as 1991 1975 to 1976 as from Co.; Shearson, Hammill & Co.; E. office. April on Due on April 1 inclusive. ! 3V2s. 1972 as from syndi¬ follows: Blyth & Co., Bond Sale—An issue of inclusive. 1970 Due & Leedy, Clement of University bonds as from 450,000 the to 5s. as 1971. 1985 inclusive. Due 1963 from 50,000 inclusive. 1975 Due to on Mav 1 from 1962 to 1986 inclusive. Principal and interest (M-N) Is., as Due on April 15 to 33/4s. 1976 15 1986. (PST) April 4 for the purchase of $245,000 school, election 1958, series C bonds. Dated May 1, 1961. Due on i>|i ■ until 1972 as April on to 1971 inclusive. 3V2s. as from . Angeles, 1962 from 770,000 Due 5s. as from Co., Bros. James r j{> syndi¬ Inc.; City National Bank & Trust Co., of Kansas City; Courts & Co.;' R. 834 the . Pierce, Fenner & Smith H. Moulton & Co.; William proved by Orrick, Dahlquist, Her¬ rington & Sutcliffe, of San Fran¬ North 1,- of Chicago; Salo¬ Hutzler; B. J. Van Ingen & Co.; Trust Company of Georgia, Atlanta; John Nuveen' & Co.; Stone & Webster Secu¬ rities Corp.; A. C. Allyn & Co., Inc.; R. S. Dickson & Co., Inc.; W.> H. Morton & Co., Inc.; First ofMichigan Corporation; W. E. Hut-; ton & Co.; Childress & Co. ■ > inclusive. 1986 to * April on of members Trust ern mon 1 1970 inclusive. 3.80s. as Due Corp.; Kuhn, Loeb & Co.; North¬ from 1971 to 1976 inclusive. County the at payable (M-N) 1962 from July on y4s. as Other ; Due Due on July 1 cate were as follows: First Boston of price a July on 1980. on were — interest cost of about follows: ! as 335,000 inclusive. Treasurers at inc., $345,000 as-5%s. 1961. May 1 from 1962 to 1986 Principal and interest on 855 net a u.yb%, (PST) on March 28 for a.m. purchase Due par, oiierect syndicate headed by a Co., & 800,000 $1,500,000 park¬ 193, p. v. — ; T/ 1966 inclusive. 3730s. as of cost . from 1967 to 1980 inclusive. . bonas revenue 1962 to irom 9,750,000 Parking Authority, California Bond Sale—The — i'vv syndicate & Co. Inc.; Harris Trust & Sav-> ings Bank, of Chicago,x and Kid-1 der Peabody & Co.,'at a price of. YV-Y' water, ^sgries A bonds offered on March' 7—v. 193, p.: 1063—were Safford, Ariz. awarded to a syndicate composed enue bonds offered on March 16— school building bonds offered on Bond Sale—The $400,000 elec¬ of the Security - First National v. 193, p. .752—were awarded to March 7 v."193, > p.I 958 were tric light and power revenue Bank of Los Angeles; R. H. Moul¬ the Federal Housing arid Home awarded to a syndicate headed by bonds offered on Feb. 28—v. 193, Finance Agency, as 27/ss at a price ton & Co.; Taylor & Co.; Boettcher .he Bank of America N. T. & p. 855—were awarded to a group & Co., and First California Co., at of par. 3. A., of San Francisco, at a composed of J. A. Hogle & Co.; a price of 100.029, a net interest price of 100.07, a net interest cost COLORADO Bosworth, Sullivan & Co., and cost of about 3.89%» as follows: of about 3.69%, as follows: Luce, Thompson & Crowe, Inc. Golden, Colo. $250,000 as 6s. Due on April 1 Treasurer's office. a by The Chase Mannattan* . awarded to Alameda p.1 193, Principal and interest (M-N) pay¬ able at the County Treasurer's March Francisco. San of County, Calif. Dist., Alameda 14—v. • Principal and inter¬ est (M-N) payable at the United California Bank, in San Rafael. Legality approved by Orrick, Dahlquist, Herrington & Sutcliffe, Bond interest (J-J) >r Green Joint School March on 855—were awarded to May 1, 1984. — eral offered 1958, series F May 1, 1961. Due on May 1 from 1962 to 1981 inclusive. 13 for tne pur¬ Santa Maria, Calif. YY;.100/ improve-' 100.003, a net interest Bond Oifering—Seaied bids will Dated May be received until March 20 for the aoout 3.19%, as follows: Due on May 1 from 196j purchase of $2,800,000 water and $4,450,000 as 53/4S. Due inclusive. Callable as of sewer 1 inclusive. 1986 to election April on of $4,700,000 Niles Sehool District, Due on April 4V4S. as from school bonds. Dated meat, series D bonds. to 958—were awarded p. 000 .; $78,COO 1959, B bonds offered on March series of JLurec- receive sealed bids ac nis office in San Rafael, until 11 a.m. tors, will troT) Sale —The Bond of the Board Secretary chase An¬ j (P. O. St. Johns), Ariz. bond Marin geles, and R. H. Moulton & Co., Apache County School District ''! Municipal Water District, County, Calif. Offering—B. J. j^rusatori, Marin cipal and interest (M-N) payable at the County Treasurer's office. vig, County sealed bids Clerk, at his will office Nes- receive in Los Angeles, until 9 a.m. (PST) on April 11 for the purchase of $60,- Duval County, Board of Public Instruction (P. O. 330 East Bay Street, Jacksonville), Fla. Bond Sale—The $15,000,000 Dodge County (P. O. Eatman), Ga. Bond tal —v. spe¬ cial tax school district No. 1 bonds Sale—The bonds 193, Wyatt, p. on March 8 958—were awarded to Neal Associates. $350,000 hospi¬ offered & Waggoner, and Volume 193 Number 6039 . . The Commercial and Financial Chronicle . (1279) Fulton County, County School Dist. O. 500 Fulton County Ad¬ (P. ministration Bldg., 165 Central Ave., S. W., Atlanta 3), Ga. Sale Bond 11 U school 193, v. — *« bonds Manhattan March on 7 awarded to were if Bank, nf N of New v York, and the Trust Company of GeorRank Manhattan 99^5932, net3'interest "cost a of about 3,8%, as follows: ,,,3 $1,500,000 as 3s. 1962 to from 800,000 1973 1,500,000 Other cate to 1 inclusive. April on 1976 1 were the follows: as dall & Co. Co.; Norris & and J;- W. Tin- Inc., " East ing, Point), Ga. Offering—F. W. Checker¬ of Secretary & the Authority, (EST) March 30 for the on pur- hospital authorseries 1961 limited revenue, tax bones. Due on Dated 1967 .25,000 to 1970 1974. of as 1, May Principal and interest pay- able at the Tri-City Hospital Auoffice, in East Point. Le- thority _2._ gality approved by Oliver, Davis & Maner, of Savannah. in ' i A i inclusive. 3.20s. as • i 25,000 Raffensperger, Due Dec. on , awarded Hughes & Co., 3%s. as 50,000 Due 3%s. as 1973 and Dec. on , n. ... Due Dec. on V Page County School District 44, Illinois Bond Sale—An issue of $325,000 sealed bids March on until 28 Bank, of Chicago, interest and ~ Calumet Na- Legal- Bond Offering a Cit Walfpr H Comntroller will ^bi^ntn"' Marph .. 9.1 fnr receive (CST) p.m tvm MpnH nnmhoca on Mar'ch 21 for the purchase of $220,000- fire equipment bonds, bonds. Dated March 1, 1961. Due semi- Illinois annually from July 1, 1962 to Jan. ' Bond . Sale—The 1, $995,000 school J composed C ^ Boule- r<"L l/nft inclusive. inclusive. Legality y f' of Metropolitan chase & Sch. of $16,500 building bonds and The Bank from A., of San Franchco, Trust Co., of jointly, at a price: of the Northern Chicago, 100.0001, interest net a cost 3.64%, as follows: $1,881,000 as 4%s. Due on April 1 purchase ol $300,000 school bonds, Township Rural Indep. - School District of Clive (P. O. Bond Sale—The $160,000 school building bonds offered on March 7 193, —v. 959—were p. to a group composed of Iowa Corp., awarded of The First Shaw, McDermott Co., and Quail & Co., at a price 100.005, a net interest cost of a lluclcai tusl UA of 4'001°n^as 3.10s. Due 1971. 44,000 3V2S. as from 85,000 1972 to 1978 Due to Nov. on 1977 3.60s. as from Bond 1964 to 1969 3%s. as from 1970 to 314,000 on April 1 1980 inclusive. Due Is. as inclusive. Due April on 1, 1981. Offering Jan. inclusive. ( V;. Nez Perce Dist. No. 1 ' County Independent Sch. (P. U. Lewiston), Idaho Bond OffeHng-Leo ty Clerk, wiil until 2 Click, Coun- receive sealed T T) Principal Nov. inclusive, School District No. 7—v. 193, p. Bond group composed of The First National Bank, cf Chicago, Blyth & Co., ■^c'' ai_?d the First National Bank, of v-.t. 3 as Louis, at a price of 100.016, n]r *n*erest cost of about 3.73%, follows: . $95,000 3%s. as Due on v Jan. awarded Harold — price of a from 1 1963 to 43/4s, as The v, to The 1064—were Peoples Trust & Savings Bank of Indianola, Rust, Buffalo, Iowa 30 Bond 1 Vnc/nnn1 ^5?, ^ 1966, inclusive. 105 000 3V2s. as 900,000 to 3%s. as from Cook 1967 1975 to Due on 1974, Due Jan. bids until 7 1975 20 for the p.m. (CST) on 1March purchase of $290,000 Jan. March on "*„d series enue, The $1,325,000 6—v. 193, to a p. sheai'son, 4.16%., $220,000 as from as group p p. & corn- price cost of a follows: 1,105,000 1 from (P. O. 2118 Higgins Road, Elk Grove Village), III. •Bond 4J/4S. 1963 as to 4V8s. 1980 to 1 Due on 1979 inclusive. Due 2000 on May May 1 inclusive, 1168 Co., on $179,978 paving Mar. 14 v. 193. were were as awarded awaraea to Quail yuan 4V2S, 4%s and 5s, at a Offering—Vance L. Folk- Auburn Iowa City ^ j Secretary of the Board of Education, will receive sealed bids until 8 p.m. (CST) on March 20 'for the purchase of $685,000 bonds, Dated-March 15, 1961. Due on Dec. 1 from 1963 to 1972 inclusive. Principal able pany at and any interest bank or (J-D) pay- trust com- designated by the successful i Community School Dist., : Iowa by William proved Timmer- P. School Sale—An internal 3s 1961. $42,500 improvement, series 1961 and Ra'nson Due 3%s. Dated Dec. on 1 .1:30 (CST) the purchase of building bonds. p.m. Due 1976 1, approved by William on on $750,000 1 from Interest gality approved by Cutler, of Chicago. 4 for school Mav Dated Nov. inclusive. April 1, 1963 M-N. Lawrence L District No. 104 p $100,000 school building 1961 bonds. Dated March 1, 1961. Due semi-annually on January 1 and awarded to The ' 1168 First (P. O. School from 1963 to $96,000 1966,* irtclu- issue of was $98,000 sold to The Columbian Securities Corp, Dated April 1, 1961. Due on Oct. 1 from 1962 to 1981 inclusive. Prin^ ^ (a q) the State Treasurer's approved by office, Dean & Iowa * Marion, Iowa sive..s Principal and interest (J-J) v > Bond Offering—Merwen L. Taypeyable at the Citv National Bank lor, City Clerk, will receive sealed of Auburn. Legality approved by bids until 7:30 p.m. (CST) on for the 1, irom from (EST) purchase of building April i 1 receive a.m. 1961. iyoz 1962 to bonds Due lybl 1981 on lnciuinclu- pay- Cumberland County (P. O. Burkesville), Ky. Bond liams, Offering—Lewis County Court sealed bids Wii- P. Clerk, until ' will 10 a.m. <957? A?rilAfo.1; ^ purchase of $40,000 school buildingkA, ^ revenue ^ r" bon(ls. Pated April 1, 1961 Due on A •, , April 1 from 1962 to 1981 clusive. Principal payable at the and Bank in¬ interest of Cumber- land, in Burkesville. Legality ap¬ proved by Skaggs, Hays & Fahey, nfYrnikvillT Glasgow, Ky. Bond Sale—The $590,000 water and sewer revenue, series 1961 bonds offered on March 7—v. 193, 1064-were awarded to a group composed of The Equitable SecuP- f & 11 I \rnnh Pmnno Merrill Lynch, Pierce, Inc., and the Smith Kentucky Company, at price of a 981)3L Green County (P. O. Greensburg), Kentucky $120,000 Bcmd SaTe—The voted h9spital bonds offered 1Q9 on March 7 wpro 193, p.,-959—were awarded to to QRQ n v. Equitable Almstedt Securities Corp., Bros,, jointly, at a $20,000 40,000 and from 3s. to Feb. on 1, 1963. 1964 as 1968 follows: Due 4V4s. as 60,000 as 3%s. as 1962 net interest cost a of about 3.07%, Due to Due 1971 1967 on Feb. on 1 inclusive. Feb. 1 from inclusive. Greenup County (P. O. Greenup), Kentucky Bond Bond $242,500 bonds P^oven L. O'Bryan, $445,000 school bonds. building revenue Dated March 1, 1961. 1 from 1963 to Due March on inclugive Interegt M_s approved by Chapman 1987 Legaiity & Cutler, of Chicago. Hopkins County-Madisonville Sale —The provement Offering—J. County Clerk, will receive sealed bids until 10 a.m. (EST) on March 23 for the purchase of Manhattan, Kansas Hospital Corporation (P. O. Madisonville), Ky. Bond Sale—An issue of $215,000 im¬ offered on — — r. f hnnHo nn 7—v. 193, p. 1064—were Lrst mortgage^ bands^^offered^ on awarded to The Stockyards Na- reb. zi was soia 10 ine jfarmers tional Bank, of Wichita. National Bank, of Madisonville, as March 5s, at a price of par. KENTUCKY Kentucky (State of) County (P. O. Shepherdsville), Ky. Sale—The $180,000 school " "" Bond Offering thews, Jr., nance, will — Robert Commissioner receive - Mat¬ of sealed " Fi- bids building revenue bonds offered until .11 a.m. (EST) on March 29 March 10—v. 193, p. 1064— for the purchase of $100,000,000 were awarded to The Equitable voted veterans bonus bonds. Dated Corporation, at a price July 1, 1960. Due on July 1 from on of 100.031, a 3.74%, about - 20 will 9:30 Hays & Fahey> of Louis- Dean, of Topeka. 1 were Clerk, until school Dated x\pru April Troy), to ~ » 1 of corp. ' City March P. Kansas Sale—An Le¬ Chapman o sealed bids on Ky. Offering—Betty Joe Per- Timmerman, of Wichita. Doniphan County Common Wible, Secretary of the Board of Iowa Falls, Iowa School Trustees, will receive; Bond Sale The $20 000 fire sealed bids until 1 p.m. (EST) on equipment bonds offered on March 28 for the purchase of March 13 v 193- July kins, 1962 to inclusive? Iriteresr J-iTLe- Bond City, Indiana — Cor bin, Bond & Co., Feb. from on 1064—were p. awarded to Magnus & Co. price of 100.02, issue of bon?s was sold to as Bullitt Offering March 14—v. 193, The of Wichita. man, Bond Offering—Robt. T. Davis, Secretary of the Board of Directors, will receive sealed bids until school revenue bonds offered Due wtjui Legality . — man, . 3s as Oct. 1 from 1962 to 1971 inclusive. Interest A-O. Legality ap- & Bond building on at price of par. 1961. INDIANA County Community Consol. East Milburn, Cochran & Co., Dated Feb. 1, 1961. school building bonds bonds^offered on Mar. 14-VM93. offered 1064— Nuveen &"< Co.; Hammill & Co., and Hayden, Stone & Co., at 0f 99.0007, a net interest about __>nds offered John 0f City, Iowa Bord Sale—The sewerlge"Tev- I960'bonds awarded were p0Secj — 1981, inclusive. School District No. 59 Sale—An issue of $72,000 sewer bonds was sold Bond Iowa Sale - -r*iri Ar< and 3V4S. Tilney Park, III. Bond 1 inclusive. on of m erman, Beloit, Kan. ^x/uw- from Tim and gality Offering—Lelia M.'Pagel, Jp,wn of Alexandria, Legality aporoved Hays & Fahey, of County (P. O. Albany),. Kentucky Fenner 3.80s.' as Bank rities Corp.; Bond $58,000 street from 1962 to 199L Bond Sale—The $220,000 and MaPrc°hVTe" io°"d~S 193, p. awarded March P. Wichita Boone, Iowa purchase of $122,000 school Dated March 1, 1961. Due Dec. on until bids sealed Citizens Dated par. Sale Attorney for the District, will re¬ ceive The to 3s. Colwich, Kan. (P. O. Pekin), III. Offering 1064 p. 2%s and bonds. .Bond Sale—An issue of $1,100,a at Community School District No. 102 193, Saving Bank, of Anamosa, Tazewell County, North Pehin 09° school bi'Uding bonds offered.: w^e"r^orkg to March 7—v. on —were inclusive. 15 (P. O. Palatine), Illinois sold fered or the Skaggs, receive terest M-S. Legality approved by to The $15,000 fire equipment bonds of— nr Bond for the County Community Consol. was bank P™^lby chaPman & Cutler, of bo bonds. 15 hnnlr anv any . department interest and Sale 2%s Bond Anamosa, Iowa Bond 1977 at Clinton 1 $131,000 bonds iviarcn March on William street trust company designated ^by the successful bidder. Legality, ap- - ILLINOIS March at to ] °.n Louisville. 1 March 1, 1961. Due on March 1 from 1961 to 1971 inclusive. In- IOWA bids obligation bonds. Dated April 1,_ 1961. Callable as of April 1, 1971. Legality approved by Burcham & Blair, of Spokane on of payable eral Cook 1963 from 1 nnvoKIn (J-J) (PST)-on March 23 purchase of $800,000 gen¬ p.m. for the Housing and Home Finance Agency, as 3V8S, at a price of par. G. Secretary of the Board of Directors, will receive sealed bids until 4 p.m. (CST) on March 23 for the purchase of $125,000 hospital bonds. Dated May 1, 1961. on 1960 bonds March 8—v. 193, p 959 awarded to the Federal on were Catherine — series revenue offered Murphy, Due IDAHO mitorv pur¬ $515,000 school building inclusive. on 1980 Sale—The 3V4S, as dor- a.m. the bonds. Dated Feb. 1, 156.. on Nov. 1, Due re¬ 9:00 for Bank of Corbm.. Legality approved by 1962 to 1970 inclusive. . 455 000 until 28 about 3.52%, as follows: ,'y sive. Principal and interest $27,000 as 3s. Due on Nov. 1 from able at the First National offered onerea "?1 Sale—The of Clive), Iowa nn Bond Illinois Bond by , Walnut March 1 inclusive. ^ Clerk, will March on revenue . , Dist., Indiana inclusive. 1972, Illinois Community Hospital District (P. O. Galena), . from to (EST) ^ Northwestern of about 3,454,000 1970 ^ Kentucky Offering — Edward C. Bond tors Lw^eive J5® aled J}**?'. until M ??%■ ,or ?e Sale—The of America S. „ on 1981 Campbell County (P. O. Newport), able . & Due to in Alexandria. Community School , T.- „ chase District, Iowa Offering—Monica Lawler, Secretary of the Board of Direc- Indian- - Bond 1 no' N. . 1968 ' n $91,000 school 1064—were awarded to Quail & 111 ^ oa ^^Co.^at a^ Ppce °|j building bonds offered on Pok 24 Fnmnnnv Feb. Company. HAWAII 100.028, a net interest cost of about —v. 193, p. 856—were awarded to KANSAS Honolulu City and County, Hawaii 3.06%, as follows: The City Securities Corp., and Due on Dec. 1 the Bond Sale—The $5,649,000 pub- $195,000 as 2V2s Indianapolis? Bond & Share Anthony, Kan. from 1962 to 1964, inclusive. lie improvement 1961, series ...Corp., jointly, as 2%S, at a price Bond Sale—An issue of A $400,000 500,000 as 3s. Due on Dec. 1 from of 100.41, a basis of about 2.66%.J electric limited tax bonds offered on light«revenue, series 1961 1965 to 1969, inclusive. March 15—v. 193, p. 1064—were Valparaiso University, Valparaiso, bonds was sold to Ranson & Co., 300,000 as 3V4S. Due on Dec. 1 awarded to „ 3%s. as from fP" Offering—Beverly B. Ran- Wall Lake J-J Mc- Indiana . den, Fodesta & Co.f and Hutchin1 141,000 ap- Waterloo, Iowa JBank, of Chicago, Crutten, Miller, & pendleton i+4-An Interest by Ross, approved Cord, Ice apolis. Kidder, National Co., r» vard of 1976 Legality building bonds offered on Mar. 15 —v. 193, p. 1168—were awarded to a group Peabody & of District, Iowa nf Lake County Township High School Lake District No. 117 (P. O. Antioch), '"u"/v' purchase hlers & Cooney, of Des Moines. Sheehan County Cooney, of' Des Moines! ceive sealed bids & Kokomo, Indiana National 100.0102, a basis of about . pur¬ ity approved by Ross, McCord, Ice & Miller, of Indianapolis mduuncti 3.60s,* at as l>p.m. tional Bank of Hammond. III. First rii&i the Strawberry Point Community Sch. ^ public library building bonds offered on March 14—v. 193, p. 1168—were The rxie a Ahlers chase of $360,000 waterworks revenue bonds. Dated March 1, 1961. Due on Jan< 1 from 1962 to 1981 Sale—The $175,000 to tu Ket- for the £fhool building bonds was sold to Continental Illinois^ Nationa inclusive. Principal Bank & Trust Co" 0± Chicago. " " (J-J) payable at the uwdiueu awarded for Bond chum, Town Clerk-Treasurer, will (CST) No. Homewood, 1970 Bond Highland, Ind. Offering — Irene F. Bond 1,, 1974 20 Tn™ "ue, ul! luaV "v." , . 1, receive Du p Indianapolis Bond Share Corp., as 3%s, at a price of 100.78, a basis 1, 1972. ta _ 1064—were p. of about 3.56%. May Callable School March $18,000 special assessment street improvement bonds. Dated April 1, 1961. Due on May 1 from 1962 B^nTsale—The"$400,000 'park ^"ve^aled blds^unffl"2"Dm" Puf JE 1971 1, 1961. May 1 from 1963 to 1979, inclusive. 193, „ on.Dec. on chase of $500,000 of as 3VaS, at a price Of 100.134, a basis of about 3.10%. Co., of Chi100.051, a net 3%, „ 3SSs= price of 3.59%. ity to Trust price of a ^ Bond ^ Tri-City Hospital A uthority (P. O, Bond —V. follow ^ °f 3b°Ut 3'27%' 38 Bank, Hirschberg, at cag0j National Clement A. Evans & Miller, t0 ThG Continental Illinois Na- Inc., tional Bank syndi¬ Atlanta; Johnson, Lane. Space & Co.; Wyatt, Neal & Waggoner; J. H. Hilsman & Co., Inc.; & on Robinson- Southern Ice Town, Indiana Bond Sale—The $199,000 school rilHinff building hnnds offered on Mar 13 bonds offered Mar. 1 '-t Bond Sale Bond Sale—The $200,000 school building bonds offered on March 9 —v 193^ p. 1064—were awarded Humphrey Co., Inc.; Courts & Co.; Citizens& Clarksville ' inclusive. members':of Ross, McCord, Indianapolis. Page County School District No. 33 (P. O. West Chicago), III. as 3.40s. Due on April 1 1977 to 1981 inclusive. from , 1972 : April on 3V4S.' Due as from Due L e g a 1 i t y approved by Chapman & Cutler, of Chicago. Du $3,300,000 J 855 p. The offered bidder. 59 $32,000 as from $7,000 as 1967. net 33/4s. 1962 SVaS. interest cost follows: as Due - to on 1966 Due . of - Marclv 1 inclusive, on March 1, 1962 to 1990, inclusive. Callable of July 1, 1982. Princioal and interest (J-J) payable at the Liberty National Bank & Trust Co., as in Louisville. Legality annroved by Chapman & Cutler, of Chicago. Financial Chronicle The Commercial and f . Monday, March 20, 1961 . . ( '( *1 if bidder. Municipal Department, 421, 40 Water Street, Bos¬ of Boston, Beauregard Parish Parishwide Sch. ' i'l '• school were 'i»! U Co., Inc., Ladd Dinkins & Co., & Co., N u s 1 o c h, Bauden & Smith, E. F. Hutton & Kohlmeyer J* r Co., Inc., Crane Investment Co., Inc., Schweickhardt & Co., Dorsey & Co., Inc., Dane & Co., Steiner, House & Co., and Weil Investment /;j J »i Newman, Brown follows: as & ij ft syndicate Other members of the ( Co. V, r Offering Bond i. Thomas, Town Clerk, will sealed bids until 7:30 p.m. H i. < April on w; ■ 1961. Due 1, by McDonald, Buchler & Carr, of Metairie. approved gality r r: Houma, La. ? $1,300,000 util¬ Sale—The Bond ity systems revenue bonds offered on March 8—v. 193, p. 753—were awarded to & $190,000 •. i'' 145,000 ( I on April 1970 inclusive. Due 3s. as 170,000 v|.! 225,000 1971 to 1974 to Sale M • — The the at offered bonds was 1 clusive. 1 H G Leary & rn New Orleans, assessment, new series paving cer¬ , H'i' :,!■).;• ited tax 16—v. 193, p. ;,,,!•■ ■1I' ; to a group meyer F. E. i 'i h series I lim¬ bonds offered on March issue tificates of 100.56, R ' t1 ' 1961, 1064—were awarded composed of Kohl¬ as 33/4s, at a price basis of about 3.69%. Co., a revenue, ■i'l11 bonds 'i offered on Mar. 14—v. 193, of 100.028, about M rl 3.97%, to ;!! ;\y 1 V 17 'Mil* ' 1976 and Bond !• ' R V v R V...I -V. of ' 2.84%. Line ; V;» fered A. sealed bids c/o 8—v. to R of ]'.' the New Boston, 30 State Street, Second Floor, Boston, until 11 March on as a I, . 1961. 1962 'V i# and , ; ' 23 for to . Due April inclusive. 1976 interest on Dated April 1 from Principal payable at the New Dodge, of Boston. Woods Hole, ;,») i: • & Fenner & Ingen & Arthur Michigan price of 100.015. j' 4 . i' 1 f1 K.» - Martha's Vineyard and Nantucket Steamship Authority (P. O. Woods Hole), Mass. Bond Offering — Tell Berna, • - Chairman, will receive sealed bids " offered on sewer Feb. 27—v. 193, 856—were awarded to Kenower, MacArthur & Co., and McDonald- p. Co., jointly. Moore & receive sealed p.m. (EST) on March purchase of $175,000 water Merrill Lynch, Pierce, Sept. at be received until March 27 for the purchase of $288,000 school build¬ ing bonds. Dated April 1, 1961. District (P. O. DeT our), Mich. Township School Offering — Bobby G. Carper, Secretary of the Board of Education, will receive sealed bids until 8 Dated 1 Legality approved by Miller, der. p.m. (EST) on March 22 purchase of $400,000 bonds. April 1, 1961. from'T963 to Due on July 1990 inclusive. Principal and interest (J-J) pay¬ able at any bank or trust com¬ Paddock & Stone, of . Bond sewer 1961 March 6—v. awarded to bonds offered on 193, p. 1065—were Paine, Webber, Jack¬ Curtis. & Bond Michigan Sale —The on —were $3,980,000 site bonds of¬ March 15—v. 193, p. 1065 awarded to a syndicate by F. S. Smithers & Co., price of 100.0725. headed at a Other" members of the cate were as follows: Ira syndi¬ Haupt & Co.; Lee Higginson Corp.; Rand & Co.; R. D. White & Co.; Rob¬ ert K. Wallace & Co.; Wm. J. Mericka & Co.; First Ball, Inc.; Cleveland Corp.; & Kraus; Blewer, Co.; Lyons & Shafto, Burge Glynn & Pohl & on 1, 1973. Legality bidder. successful the Marquart Co., Inc.; Season- Co., National Bank, of Dallas; First Henry Johnston, & Co.; Kenower, Mac& Co.; Federation Bank & Christensen, Inc.; & & Harris Lemon Arthur No. 87, Minn. bids will Bond Offering—Sealed be received until 1 p.m. (CST) on Melrose, Minn. Offering—Al. J. Bond will receive Clerk, (CST) sealed bids until 7:30 p.m. March on purchase the for 21 hospital $185,000 bonds. of 1961 revenue Dated March 15, 1961. Due March 15 from 1962 to 1982 in¬ on MISSISSIPPI (P. O. Hattiesburg), Mississippi Sale—The $175,000 Bond eral gen¬ county bonds of¬ on March 6—v. 193, p. 960— awarded to The Citizens obligation fered were Bank of Hattiesburg. Westen- City dorf, Inc.; Co., of New York; Ernst & Reinholdt & Gardner; Shaughnessy & Co., Inc.; Suplee, Yeatman, Mosley Co., Inc., and Arthur L. Wright & Co., Inc. Forest County Independent School Dist. Hanska Sons, Co.; of Windhorst, & Minneapolis. Hazlehurst, Miss. J. A. Offering Bond bids until 10 a.m. for 21 sewer the and sealed receive (CST) purchase on March $395,000 of improvement bonds. Dated 1961. Due on May 1 from 1991 inclusive. Principal May 1, 1965 Wood, — will Clerk, City to interest payable at any bank and interest or trust company designated by at any bank or the successful bidder. Legality ap¬ trust company designated by the successful bidder. Legality ap¬ proved by Charles & Trauernicht, of St. Louis. \ proved by Briggs & Morgan, of Principal clusive. payable (M-S) Paul. Ruleville, Miss. Sale—The Bond 193, offered on 753 —were bonds March 9 v. — awarded The to rill Lynch, p. American Na¬ Paul, and Mer¬ Fenner Pierce, jointly, at Inc., plant $340,000 improvement a & price of par. County (P. O. St. Peter), Minnesota Sale—The Bond eral obligation offered Elwood & $140,000 ditch March on Co., at 1961 13—v. awarded 1065—were a to gen¬ bonds 193, p. Woodard- price of par. Sale—The obligation March 8 — awarded to the Tate County, v. a Bankers 193, p. offered on 960 — fvere syndicate headed by Trust Co., of Senatobia), Miss. New $300,000 building bonds offered on was sold to Lewis Co., and Phillips-Galtney & Co., jointly. Water Valley Consolidated School District (P. O. Coffeeville), Miss. | Bond Sale—An issue of $325,000 school March $9,384,000 gen¬ bonds O. (P. of Ruleville. County School Dist. Bond Sale—An issue of school building bonds 8 National St. Pful, Minn. Bond eral Bank & Trust Co., Yalobusha County ■ ~ $50,000 plant bonds offered on March 10 was sold to The Planters industrial Mar. 7 Nicollet Sale—An 'issue of Bond Morris, Minn. Smith school building and fered receive sealed (CST) p.m. tional Bank, of St. Community School District, Utica E. Kronholm, Principal and in¬ terest (M-N) payable at any bank or trust company designated by St. City, Mich. Sale-—The $129,000 storm Commerce Trust Co., Co.; Trust 4 Traverse Michigan Bond Offering—Sealed bids will for the company successful bid¬ designated by the Canfield, School District, Prin¬ (M-S) payable trust or Detroit. Coloma Community Bond bank any disposal Dated March 1 Due on 1986 inclusive. 1960. 1, from 1964 to son No. 3 bonds. revenue Co., Kenower, MacCo., Stranahan, Harris McDonald - Moore & Co., Corbett & Pickard, Inc., J. M. Dain & Co., Inc. DeTour supply and sewage system Smith, Inc., B. J. Van Burns, and the for 27 8 & Callable as Offering—Starr E. Jessup, bids until York, in Buffalo; W. E. Hut¬ New April 13 for the purchase of $268,000 school building bonds. Lawton, Mich. Bond rine of Georgia, in Atlanta; Ma¬ Trust Company of Western City National Bank & Trust both of Kansas City. 1965 to 1990 inclusive. ber, gen¬ sanitary obligation cipal and interest syndicate Co., Inc., a.m. England Merchants National Bank of Boston. Legality approved by Storey, Thorndike, Palmer & V i 'it' ' V 1 ■ First follows: Harriman Ripley & Co., Inc., (EST) the purchase of $210,000 water bonds. V the by England Merchants National Bank f ! 'lit site bonds of¬ 193, p. 959 a syndicate March headed were Mich. $2,500,000 Commerce Trust Co., of Kansas City, H. V. Sattley & Co., re¬ ceive District, The — awarded on —were i \v> School Sale Bond & Bamford, City Treasurer, will Y 1, pany approved by Dorsey, Owen, Bar¬ Lathrup Village, Mich. Sale—The $230,000 eral 1 $40,000 Co., of Newark; Trust Com¬ Trust Wells of May 1977. Other members of the Newburyport, Mass. Bond Offering — Raymond >>> " i| about " Dec. on Co.; Seattle-First Na¬ Bank, of Seattle; L. F. Rothschild & Co.; Fidelity Union & April 5 for the purchase of $1,100,000 school building 1961 bonds. Dated May 1, 1961. Due on May 1 from until bids Village Clerk, will — H:1 1, Due First National Bank of in Portland; John Nu¬ Co.; Oregon, veen Minn. District Clerk, will 1974. Bond as Sale—The $227,000 school remodeling bonds offered on March 7 v. 193, p. 1064 — were awarded to Goodbody & Co., as 2.90s, at a price of 100.261, a basis r July on 2%s. as 1973 and 4s. Due on July 1 from 1978 to 1985 inclusive. 200,000 Corp., at Fairhaven, Mass. ■H Due school building and > 40,000 on Dec. 1972 inclusive. Due to 1970 the syndi¬ C. J. Devine ton Bond Offering—G. inclusive. 1969 to 2%s. as from bonds inclusive. 1975 33/4S. 40,000| as & Co., the Industrial National Bank, of Providence, and Lyons & Shafto, Inc., as 3.20s, at a price of 100.599, a basis of about 3.12%. 1 of follows: as Center ney f 50,000 com¬ interest cost net a composed of Eastman Dillon, Un¬ ion Securities & Co., Smith, Bar¬ 1.' group a 1168—were awarded to a group p. mU bonds of¬ 193, p. 856 1961 of School District No. 593, 1 2V2S. Due on Dec. as from & until 4 p.m. (CST) on Crookston Indep. 6 p. $155,000 members Other cate were as follows: & Wind¬ April 4 for the purchase of funding bonds. follows: as 3.12%. Offering—Sealed bids will Bond Chicago, at a price of 100.07, a net interest cost of about 2.67%, $145,000 as 4s. Due on July 1 from . Ji! to March on of price or be received of Co., McDonald - Moore & Co., Watling, Lerchen & Co., and Berrien Securities, Inc., at a price 1962 Dancers, Mass. Bond Sale — The $1,105,000 >"> to offered 3.20s, at a 100.88, a basis of about Bank, of New York, as Principal payable at tional 856—were awarded to The Harris Trust & Savings Bank, 193, —v. of Kenower, MacArthur & posed MASSACHUSETTS ±r B 2—v. awarded bonds disposal sys¬ series March on —were & Co.; Ladd Dinkins & Co.; Hutton & Co., Inc., and Abrams & ■. • tem fered ment and Chase Manhattan of Chicago, Clarkfield, Minn. improvement special assess¬ $385,000 water and sewage supply La. $800,000 special Bond Sale—The Sale—The Bond y & Savings Bank, the Harris Trust horst, of Minneapolis. 1961 street Mich. Buchanan, Investment Co. Crane and & / . (CST) on Owen, Barber, Marquart trust or $245,000 Sale—The Bond March 6— 856—were awarded MacArthur & Co. p. Kenower, Derbes, & Arnold 193, v. „ improvement bonds offered on 1960 ? $136,000 special street (J-J) Kalamazoo, Mich. Big Rapids^, Mich. assessment inclu¬ Paddock Miller, Canfield, Stone, of Detroit. by by Miller, Canfield, Pad¬ dock & Stone, of Detroit. Bond Sale—The bank any awarded to trust company desig¬ nated by the successful bidder. Legality approved by Dorsey, designated by the suc¬ cessful bidder. Legality approved proved of .John Nuveen & Co., & Jones, Inc., Barrow, Co., at fered receive will Inc. Sale—The $1,250,000 highway, series 1 bonds of¬ at. the same time were a syndicate headed by truck H. J. Peter¬ (M-N) interest bank Corbett & Caldwell Phillips Ashmun, Inc., and Burns, Inc.; Additional Minn. 801, inclusive. 1991 to Co.; & Pickard, May 1, 1961. Due on May 1 from on Winston-Salem; taker Co.; C. S. | Mannheimer-Egan, sealed bids until 3 p.m. 1964 Wachovia Bank & Trust Co., Robert Whit- cago; of $44,000 general Valley Independent School company company successful time same Scharff posed payable at any bank or designated by the bidder. Legality ap¬ Due 1 from 1963 to 1976 Principal and interest July sive. payable (M-S) trust limited March 13 Kindred & 1961. 1, March 1 April 4 for the purchase of $300,000 school building bonds. Dated and Dated Boettcher & Co. Rowles, Winston & Co.; Sutro Bros. & Co.; Talmage & Co.; Na¬ tional Boulevard Bank, of Chi¬ Co.; 81 Wheat inclusive. Clerk, Bank, Savings Due on Jan. Seattle Trust and of Seattle; J. C. Shockey & Co.; & Co., Inc. District son, any interest and Principal 1964. Barcus, to 4.10s. District; No. Co. 1 from 1962 to 1975 in¬ Callable as of March 1, Sept. sold on 1978 Bond Offering—Dr. building offered bonds Allison-Williams Co.; Hutchinson, inclusive. to Kalman Browns 1, 1961. April Dated $695,000 Due of purchase the for bonds. awarded to a syndicate com¬ were ■.I i tax $700,000 series improvement, public to District, Mich. of $275,000 and site school receive sealed (EST) on March of Dal¬ Fitch, North & Co.; American National- Bank, of St. Paul; Baker, Watts & Co.; Boat¬ men's National Barik, of St. Louis; Barret, las; 1970 inclusive, as Bank in Nashville; Blewer, Glynn & Co. Repubilc National Bank, obligation bonds offered on March 6—v. 193, p. 960—were awarded Miiller, Canfield, Detroit. School Third National Brandon, Minn. Bond Sale—An issue 1981 inclusive. from 1977 to Additional on were — Due on Jan. 1 from Bond Sale—-The bank by Legality bidder. by approved bids until 8 p.m. 334s. Due on April 1 as p. from 1979 to 1982 designated company successful the Village Clerk, will on Due on April 1 1976 inclusive. 3V2s. as from 570,000 Due on April 1973 inclusive. 3 !4s. as from trust or Beverly Hills, Mich. Offering—Fannie Adams, Bond 1967 inclusive. from 1968 to 960 1968 to 1971 (J-D) payable at any terest Gobies 23 1963 to from •!.' II offered 193, v. — 120,000 sealed bids until 7:30 p.m. (EST) on March 23 for the purchase of $250,000 school building bonds. Dated March 1, 1961. Due on June 1 from 1962 to 1987 inclusive. Principal and in¬ tion, will receive MICHIGAN Due on April 1 23/4s. as F. Schadt, Board of Educa¬ Paddock & Stone, of follows: as 3 240,000 as 4s. Bond Offering—John , to 1980 inclusive. interest payable at the First National Bank, of Bos¬ ton. Legality approved by Ropes & Gray, of Boston. Co., and Allan Blair & Co., ment S3, Mich. Secretary o ftbe Oct. 1, 1960. Due on Oct. Dated Jones, Inc., Barrow, Leary & Co., Arnold & Derbes, Crane Invest¬ </! Goldman, Co.; syndi¬ Phelps, Sachs & the of follows: 1, from 1961 Principal and of John Nuveen :l! on from as were syndicate composed & Co., Scharff & a (EST) Co.; Hornblower & Weeks; Fahnestock & Co.; First National Bank, of Boston, and Cooley & Co. Le¬ Interest J-D. bonds improvement March $533,000 water Sale—The Bond Dowling, City Controller, will re¬ ceive sealed bids until 10:30 a.m. No. members Other cate Fenn June 1 from 1962 to on inclusive. 1991 (CST) June Dated bonds. $202,000 H' receive the purchase of for 11 Due 2.93%. about Margaret — Corp.; Continental tional Bank & Trust Blaine, Minn. P. Henry — March 28 for the pur¬ awarded to a syndicate composed National chase of $16,715,000 general ob¬ of Kalman & Co., Inc.; Juran & ton. Legality approved by Storey, ligation various bonds. Dated Thorndike, Palmer & Dodge, of April 15, 1961. Due on April 15 Moody, Inc.; E. J. Prescott & Co.; J. M. Dain & Co.; Piper, Jaffray Boston. from 1962 to 1986 inclusive. Prin¬ & Hopwood, and Allison-Williams cipal and interest (A-O) payable Worcester, Mass. & Co., at a price of par, a net in¬ at any bank or trust company Bond Sale—An issue of $3,600,terest cost of about 4.14%, as fol¬ 000 1 various * general obligation designated by the successful bid¬ lows: bonds offered on March 16 was der. Legality approved by Miller, Canfield, Paddock & Stone, of $98,000 as 3V2S. Due on Jan. T sold to a syndicate headed by from 1964 to 1967 inclusive. Detroit. Halsey, Stuart & Co. Inc., as 3s, 75,000 as 3.80s. Due on Jan. 1 at a price of 100.529, a basis of Eau Claire Public School Districtt Chatham, La. R ^ f) Illinois Na¬ Co., of Chi¬ cago; Smith, Barney & Co.; Equi¬ table Securities Corporation; W. H. Morton & Co., Inc.; First Na¬ tional Bank, of St. Louis; William Blair & Co.; Stern Brothers & Co.; Robert W. Baird & Co., Inc.; MINNESOTA Detroit, Mich. Offering Bond 1, 1983. Principal and (M-S) payable at the Shawmut Bank of Bos¬ interest cate were as Detroit. March on & Smith, Fenner 1, 1961. Dated March bonds. Inc., at a price of par. V «;•, 753—were awarded to headed by Merrill p. Pierce, Lynch, I'l( - $1,950,000 March 7 of the syndi¬ follows: First Boston members Other Carty & Co., Inc. of ler, Canfield, Paddock & Stone, (EST) on March 22 for the purchase of $150,000 building and equipment revenue ton, until 11 a.m. syndicate a ' The — offered on bonds 193, —v. i « i Sale Bond V Room (P. O. De Ridder), La. District Bank, of York, and First National Chicago, as 3.40s. good & Mayer; Walter, Woody & Heimerdinger, and Campbell, Mc- designated by the successful Legality approved by Mil¬ pany National Shawmut Bank the c/o LOUISIANA was sold to offered on The First Bank, of Memphis. MISSOURI Maple wood-Richmond Heights Bond Sch, O. Maplewood), Mo. Offering—Lillian Elgasser District (Pa 193 Volume Number 6039 , . The Commercial and Financial Chronicle . NEW Secretary of the Board of Educa¬ tion, v/ill receive sealed bids un¬ til 8 p.m. (CST) on,April, 5 for purchase of $1,000,000 school the March on May Dated bonds.. inclusive. 1, from 1 1961. 1963 Interest Due to 1981 M-S. Kansas City School District, North Missouri - Bond Offering District Treasurer, Poynter, bids sealed receive (CST) Richard until March 23 for the on will pur¬ chase of $2,000,000 school building bonds. Dated April 1, 1961. Due March 1 from 1962 to 1976 in¬ on clusive. Principal interest and payable at any bank or trust company designated by the successful bidder. Legality ap¬ (M-S) Mar, on 14—v. 1065—were awarded to p. dicate headed a 193, syn¬ by Boland, Saffin, Gordon & Sautter, as 4.05s, at a price of 100.0039, a basis of about Other members of the F. noon proved by Stinson, Mag, Thomson, McEvers & Fizzell, of Kansas were Fidel¬ ity Union Trust Co., of Newark, Newburger, Loeb & Co., Pohl & Co., Inc., Rippel & Co., and Macbride, Miller & Co. — school bonds v. — to a and NEBRASKA offered on March 9 193, p. 1065 —were awarded syndicate headed by the Na¬ State Bank, of Newark, Ingen & Co., tak¬ Van B. J. ing $3,245,000, as 3.55s, at a price of Bishop Clarkson Memorial R. M. cate Sutton, will receive sealed (CST) on April 5 for the purchase of $500,000 dormitory revenue 1960 bonds. Dated April 1, 1960. Due on April Treasurer, bids until 10 Legality approved by Wells, Baird Martin, Lane, Pedersen, of Omaha. & New Bond Sale—The $3,500,000 gen¬ obligation city bonds offered Mar. 14—v. 193, p. 1065—were awarded to syndicate headed by Trust Co., of New a Bankers York, at a price of 100.051. Other members of the syndicate were O f f Bond Dec. from 1 1961 Scottsbluff School District, Neb. $750,000 school, on about March 6 1963 405,000 as 31/4S. Due on April 1, 1961. 135,000 Sale—An Bond 000 1 Van Feb. 28 on v. a on net $239,000 as on April 1, 1965. and 126,000 Due 5s. as 1964 4y4s. Due on April 1, Sale of April as 3V4S. to 1967 680,000 as from 1,242,000 from 3V2S. to 1972 as Due on April 1 1971, inclusive. Due on April 1 1975, inclusive. 3%s. 1976 to Due on April 1 1981, inclusive. Other members of the syndicate were follows: as Bank & Trust Co., First Western of San Fran¬ cisco, Merrill Lynch, Pierce, FenSmith Inc., Taylor & Co., First Security Bank of Utah, N. A., ner & of Salt Lake City, Coughlin & Co., Inc., Edward L. Burton & Co., and Security National Bank, of Reno. NEW HAMPSHIRE — Bond Sale—The to to on 193, York, and Coffin & Burr, jointly, as 3.10s, at a price of 100.055, a basis of about 3.09%. Offering—Sealed bids will for the 6 (EST) Co*, Inc. hem and New Baltimore Central The purchase to M-S. and Fre* (P. O. Arkport), N. Y. : Bond Offering—Walter W. Sher- District Clerk, will receive sealed bids until 2 p.m. (EST) March 23 for the purchase on of < & Co., on received on im¬ March • until 8 for the 21 (MST) purchase of p.m. Due Sale—The $351,000 Union 960 p. — were Bond Sale—The $580,000 school 960 were — Hanauer & of 100.01, Co., a to J. awarded as March 29 Bond 193, v. Sale—The $525,000 p. on March school 15 — 1169—were awarded to composed of J. B. Hanauer & Co., John J. Ryan & Co., Lebenthal & Co., and J. R. Ross & Co., as 4.05, at a price of 100.031, a basis of about 4.04%. a Demarest), N. J. building bonds offered on March 13—v. 193, p. 960—were B. purchase of Bond Offering—Claude W. Hol- ceive sealed (EST) syndicate headed by J. Van Ingen & Co., and Boland, a Saffin, Gordon & Sautter, taking, (P.O. offered on March 9— Buffalo, Blair & Co., Inc., Man¬ ufacturers & Traders Trust Co., in Buffalo, and Roosevelt & Cross, 3.40s, at a price of 100.368, a basis of about 3.37%. Brookhaven Central School District No. 11 (P.O. Centereach), N. Y. Not Sold — The $137,860 school 1961 March 16—v. bonds 193, p. offered on 1169—were not sold. interest , 1 Bond school 1 from Principal payable at (M-S) National First sold was to recon¬ March on syndicate a com¬ posed of Salomon Bros. & Hutz¬ ler, White, Weld & Co., Weeden Co., Lee Higginson Corp., and Stern, Lauer & Co., as 3.10s, at a price of 100.559, a basis of about Bank of 3.03%. Plattsburgh, Morrisonville Water District No. 2 (P. O. West Plattsburgh), N. Y. 1, Bond 1962 and the Groton. Sale The — $33,000 water bonds offered on March J—v. 193, p. 961—were velt & Cross awarded as to 3.80s, at a Roose¬ price of basis of about 3.79%. Legality approved by Sykes, Gal¬ 100.07, loway & Dikeman, of N.Y. City. Schaghticoke, Pittstown and Easton a Sale Central Sale—The $7,936,000 gen¬ Bond (P. O. Schaghticoke), N. Y. Bond Offering — Edna B. Ral¬ obligation March 14—v. awarded to a bonds offered on 193, p. 1065—were syndicate headed by Chemical the Bank New York Trust — 3.14%. were r':V, ..■ as The $3,580,000 building bonds offered on syndicate Lynch, Merrill follows: Pierce, Fenner & Smith Inc.; John & Co.; Wertheim & Co.; Nuveen Wood, Struthers & Co.; Hayden, Co.; Dean Witter & Co.; Bradford & Co.; Hirsch & & C. J. Hammill & Co.; Co.; American Co.; Bacon, Whipple & Co.; Tripp & Co., Inc.; Goodbody & Co.; J. A. Hogle & Co.; William S. Morris & Co.; McDonnell & Co.; Park, Ryan, Inc.; Folger, Nolan, Fleming-W. B. Hibbs & Co., Inc., and Lebenthal & Co. Shearson, Co.; Dickson S. R. & Securities Hempstead Union Free School Dist. No. 31 (P. O. Island Park), N. Y. Bond school —v. to Central School Dist. (P. O. 3600 Union Road, Cheektowaga 25), N.Y. Cheektowaga No. re¬ Dated March March on inclusive. 1976 Stone school 193, p. 1065—were awarded to composed of The Marine Trust Co. of Western New York, as bonds.' Other members of the group of 16 $1,600,- and offered p.m. about v. a 2 March 29 for the pur¬ $95,000 public i improve¬ Due YORK Sale—The $798,000 bonds will until 1976 in- Horseheads), N. Y. Bond bids on of 1961 to Supervisor, Town den, 1 1962 to Horseheads, Veterans and Cayuta 1961 addition & Groton, N. Y. Co., of New York, and Spen¬ cer Trask & Co., as 3.20s, at a price of 100.4099, a basis of Central School District No. 1 $3,069,000 school awarded to the (MST) p.m. ••' Bonds Valley Regional High School District (P. O. Northern Sale —The for NEW group Bond 3 from 1 elusive.■ B. basis of about 2.54%. offered June on • 2.55s, at a price Neptune Township School District (P. O. Ocean Grove), N. J. bonds until Baldwin, Big Flats, Catlin, Erin, bonds offered on March 7—v. 193, p. Co., in Sara¬ toga Springs. Legality approved by Sykes, Galloway & Dikeman, of New York City. eral tal bonds. awarded to J. B. Co., as 3.95s, at a price of 100.263, a basis of about 3.92%. received on Hanauer & school 000 struction bonds O. Clayton), $250,000 general obligation hospi¬ Dated May 1,1961. Due 193, No. 1, N. Y. Sale—An issue of Bond Hempstead, N. Y. (P. County be school Union Free School District (J-D) payable at the 1973 inclusive. New Mexico bonds offered on March 8—v. about 3.56%. Pelham Trust jointly, as (P. O. Lumberton), N. J. Bond (EST) the Adirondack 1961. bonds. Dated April 1, on April 1 from 1962 to $350,000 1961. 1:30 p.m. for March 1, 1961. Due on Dec. 1 from 1961 to 1990 inclusive. Principal ment Bond Offering—Sealed bids will ' 23 purchase of $135,000 school 1961 bonds. Dated chase NEW MEXICO be offered March on of $1,- Bond Offering—Sealed bids will $268,500 bids until sealed on on March 1 from inclusive. Interest Due 1982, 1961. 1963 Township School Dist. Lumberton March 7 p. & 1 and interest 3.84%. of about $450,000 park¬ 1065—were awarded The Bankers Trust Co., of New —v. 1, of¬ —v. Lebenthal Nashua, N. H. ing lot bonds offered 2.95s, at a as 550,000 school bonds. Dated March Millville, N. J. from Co., jointly, Bond $140,- bonds 857—were awarded p. Township School District (P. O. F. D., Newfound¬ land, West Milford), N. J. sold to B. J. was 193, John J. Ryan & Co., and F. R. West Milford 193, p. 960 —were John J. Ryan & Co., 7 1966. 713,000 $925,000 con¬ 2.94%. 3.85s, at a price of 100.059, a basis March 14— a — be received until 8 p.m. bonds and price of 100.028, a interest cost of about 3.65%, Co., Inc., at The James Foster R. No. Dansville Central School District mont ner, Coeymans, New Scotland, Bethle¬ Lovington, New Mexico awarded 193, p. 1065—were awarded to syndicate headed by Blyth & Burr, Inc., Kean, Taylor & Co., River), price of 100.027, a basis of about Co., as 3.20s, at a 100.08, a basis of about Bond $3,000,000 gen¬ building limited offered 7—v. Cole & provement (P. O. Reno), Nev. obligation Sale - • Lodi, N. J. Bond Sale—The eral & Co. Hornellsville, — to March tax bonds Co., Equitable Securities Corp., Co., Francis I. duPont &'■ Co., Dick & Merle-Smith, Coffin Bache & — 3.17%. County, County School District Co., James A. Andrews & Co., and . & Ingen price of NEVADA Washoe 3.40s, Co., Dean Witter & Co., Lee Higbasis of. ginson Corp., Wood, Struthers & as 3.33%. $417,300 school 1961 bonds. Dated School District No. 2 (P. O. struction 1961 bonds offered on Dec. 1, 1960. Due on Dec. 1 from March 15—v. 193, p. 1065—were Ravena), N. Y. 1961 to 1980 inclusive. Principal Bond Sale The $2,100,000 and interest (J-D) payable at the awarded to Boland, Saffin, Gor¬ school 1961 bonds offered on don & Sautter, as 2.30s, at a price Security Trust Co. of Rochester. March 15—v. 193, p. 1065—were' of 100.0222, a basis of about 2.29%. Legality approved by Sykes, Gal¬ awarded to a syndicate headed by loway & Dikeman, of N. Y. City. Palmyra/School District, N. J. Halsey, Stuart & Co., Inc., as 3V4s, Bond Offering — Maris L. McKingston, N. Y. at a price of 100.209, a basis of Bond Offering—Orrie R. Riehl, Dermott, Secretary of the Board about 3.22%. of Education, will receive sealed City Treasurer, will receive sealed Other members of the syndicate, bids until 8 p.m. (EST) on April bids until 11 a.m. (EST) on March were as follows: C. J. Devine & 11 for the purchase of $990,000 21 for the purchase of $199,400 Co.; Geo. B. Gibbons & Co., Inc.; school bonds. Dated Nov. 1, 1960. purpose bonds. Dated Chas. E. Weigold & Co., Inc.; B. J. general Due on Nov. 1 from 1962 to 1981 1, 1961. Due on April 1 Van Ingen & Co.; Ira Haupt & April inclusive. from 1962 to 1975 inclusive. Prin¬ Principal and interest Co.; Francis I. duPont & Co., and (M-N) payable at the Cinnamin- Tilney & Co. cipal and interest (A-O) payable son Bank & Trust Co., in Riverat the Rondout National Bank, in East Greenbush Improvement Dist., ton. Kingston. Legality approved by Haw¬ Legality approved by New York kins, Delafield & Wood, of New Hawkins, Delafield & Wood, of Bond Sale The $148,000 im¬ New York York City. City. | provement 1961 bonds offered on Park Ridge School District, N. J. Lancaster, N. Y. Feb. 28 v. 193, p. 960 — were Bond Offering—Edith H. Ven- awarded to Roosevelt & Bond Sale —The $130,350 gen¬ Cross, as usti, Secretary of the Board of Ed¬ 3V2S, at a price of 100.70, a basis eral purpose bonds offered on March 8—v. ucation, will receive sealed bids of about 3.42%. 193, p. 1065—were until 8 p.m. (EST) on March 28 awarded to The Niagara Perma¬ East Syracuse, N.Y. for the nent Savings & Loan Association, purchase of $1,125,000 Bond Sale The $75,000 water school bonds. Dated April 1, 1960. as 3.10s, at a price of par. bonds offered on Feb. 28—v. 193, Due on Oct. 1 from 1961 to 1980 Palmyra, N. Y. p. 857—were awarded to The First inclusive. Principal and interest Bond Sale—The $1,243,000 sani¬ Trust & Deposit Co., of Syracuse, (A-O) payable at the First Na¬ tary sewer system, as serial 1960 2.90s, at a price of 100.01, a tional Bank of Park Ridge. Le¬ bonds offered on March 7—v. 193, basis of about 2.89%. gality approved by Caldwell, p. 857—were awarded to a group Marshall,! Trimble & Mitchell, of Greenfield Union Free School Dist. composed of Halsey, Stuart & Co. New York City. No. 10 (P. O. Greenfield Center), ; r •<Inc., Geo. B. Gibbons & Co., Inc., New York Chas. E. Weigold & Co., Inc., and Verona, N. J. Bond Offering ^Helen W. Cham- Sage, Rutty & Co., Inc., as 3.60s, Bond "Sale—The $296,000 "gen¬ berlin'; Di^tfict Clerk, will receive at a price of eral 1961 bonds offered on March 100.419, a basis of (EST) on issue assessment sewer fered 1982 to 1984 inclusive. from Bond Interest M-N.. inclusive. 3V2S. Due on April 1 as Other members of the syndicate" as follows: Hayden, Stone & were Other members of the syndicate' William S. Morris & Co. as follows: R. W. Pressprich and Township (P. O. Marlton), N. J. to 1981 inclusive. 1979 & Ocean County (P. O. Toms New Jersey Evesham 3.40s. Due on April 1 as from Brothers, Inc., and MacBride, Miller Dated May May 1 from 1962 Due on 1981 to from 1968 to 1978 inclusive. 130,000 about & Cross, Rand & Co., Lebenthal Co., Rippel & Co., Van Deven- & 950,000 school bonds. 1967 inclusive. to 193, p. 960 — were, syndicate headed by Kidder, Peabody & Co., at a price of 100.689, a & April 10 for the purchase of $3,- follows: as Co., Trust a were N. J. be received until 8 p.m. 4s. Due on April 1 from as Union both of Newark, Ira Haupt & Co., & Weeks, Roosevelt Bond Offering—Sealed bids will p. 3.37%, $80,000 Fidelity State Hornblower -*' East Orange, 1065—rwere awarded to a group composed of The Northern Trust Co., of Chicago, Stern Brothers & Co., and Kirk¬ patrick-Pettis Co., at a price of 100.042, a net interest cost of 193, inclu¬ " City/''. series C bonds offered 1981 to Principal and interest (J-D) payable at the Riverside Trust Company, in Riverside Township. Legality approved by Hawkins, Delafield & Wood, of New York Co. —v. syndicate National v. — awarded to — sive. Hutzler, F. S. Moseley & Co., Etacon, Stevenson & Co., Wells & Christensen, Inc., Henry Harris & Sons, Inc., and Kirkpatrick-Pettis Bond Sale—The Jersey ing—Dorothy O. e r Clair, Secretary of the Board of Education, will receive sealed bids until 8 p.m. (EST) on March 29 for the purchase of 385,000 school bonds. Dated Dec. 1, 1960. Due on follows: Salomon Bros. & as syndi¬ Township School District (P. O. Walnut Street, Delanco), eral the the of follows: Ira Haupt & as Delanco Omaha, Neb. on basis of about 3.53%. a members were Co.; Boland, Saffin, Gordon & Sautter; J. B. Hanauer & Co.; John J. Ryan & Co.; Wells & Christensen, Inc.; F. R. Cole & Co.; Ewing & Co.; J. R. Ross & Co.; Herbert J. Sims & Co., Inc.; Hannahs, Ballin & Lee, and Schmidt, Roberts & Parke. a.m. 1 from 1963 to 2000 inclusive. In¬ terest A-O. 100.181, Other Hospital, Omaha, Neb. — Bank, follows: as March 8 61 — Bridgewater Township School Dist. (P. O. Raritan), N. J. Bond Sale The $3,250,000 tional Offering as Other members of the were ter syndicate follows: B. J. Van Ingen as & Co., Phelps, Fenn & Co., City. Bond 33/4s, at a price of basis of about 3.73%. $3,065,000, 100.143, a — bonds offered 4.04%. \ — JERSEY Asbury Park, N.J. Bond Sale The $1,730,000 (1281) a cal Sale — The bonds offered on March Manhattan Bank, both of York, and Spencer Trask & Co., as 3.60s, at a price of 100.6417 a basis of about 3.55%. No. 1 receive (EST) on March 23 for the purchase of $870,000 school 1961 bonds. Dated April 1, 1961. Due on Oct. 1 from 1961 to 1983 inclusive. Principal and interest (A-O) payable at the Morgan Guaranty Trust Co. of New York. Legality approved by Sykes, Galloway & Dikeman, of New York City. v bids sealed until will 2 p.m. Troy, N. Y. Bond Offering — Lawrence J. Collins, City Comptroller, will re¬ ceive sealed bids until 2 p.m. March 28 for the pur¬ $1,623,000 various bonds. March 1, 1961. Due on (EST) chase on of Dated March 1 from 1962 to 1980 inclu¬ sive. Principal and interest (M-S) the City Treasurer's Legality approved by payable at office. Delafield Hawkins, & Wood, of New York City. NORTH CAROLINA Beaufort County (P. O. Washington), N. C. 7 Chase New District District Clerk, ston, $2,940,000 193, p. 1065—were awarded syndicate headed by Chemi¬ Bank New York Trust Co., School Sale—The $121,000 Bond offered 1066 on — Peeler curities of par. March were & 7 v. awarded to bonds 193, p. J. Lee Co., and the Vance Se¬ Corp., jointly, at a price B ; t) (> r 62 The Commercial and Financial Chronicle (1282) . Monday, March 20, 1961 . . i' Granite Falls, N. C. ' t. Bond i1 | ; r Sale The $175,000 general obligation bonds offered on March 14—v. 193, p. 1170—were i 7 / awarded — Vance Securities The to 15—V. 193, p. 1066—were awarded to a group composed of Drexel & Co.; L. F. Rothschild & Co.; McCormick & Co., and Irving J. Rice & Co., Inc., at a price of par, a net interest cost of about 3.29%, (A-O) Eastern Local School District (P. O. Russellville), Ohio Bond Offering—D. W. Stephenson, Clerk of the Board of Education, will receive sealed bids until noon (EST) on March 27 for the purchase of $740,000 school build- $125,000 High Point, N. C. i Bond ! in. bonds offered 193, —v. to Sale —The •ur Chase "i: i Chemical March on Bank by posed the Company, both of New price of 100.0099. York, Other members of the syndicate W > f were i i • * f A ' V I • follows: as Harris & Trust Savings Bank, Chicago; R. W. Pressprich & Co.; Eastman Dillon, Union Securities & Co.; City National Bank, of Kansas City; F.W. Craigie & Co.; Robinson-Humph¬ rey Co., Inc.; Rambo, Close and Kerner, Inc.; North Carolina Na¬ tional Bank, of Charlotte; Thomas & Co.; Burns Corbett & Pickard. v' Sale—An Bond 000 refunding improvement bonds on March 10 was sold to Co., Inc., at interest $260,000 280,000 from 1975 to bids leigh, until his at 11 office in ... on March 28 for the purchase of $1,- 000,000 general obligation bonds. Dated April 1, 1960. Due on April f! ? i'i \ ill ■ if ' 1962 from 1 ' to inclusive, 1986 Principal and interest (A-O) payable York Chemical the at i Trust of Co., York New T eealitv aonroved bv Mitch- M ritv 'I ■ ell^PershW ell, Pershing, Shetterlv Shetterly MitchMitch & & ell, of New York City. Mt. -ft \ oil1 I' ' I:. tary i, ' ■ 4 ; 193, 7—v. awarded to The $40,000 on 1066—were p. McCarley & Co., at a net interest as follows: 100.006, a cost of about 3.98%, of price i'. sani- offered bonds sewer March - — as 4^s. from 1962 to $22,000 ! 18,000 If as from >»i ,1 Sale—The Bond ■i*' V!.! tary ■ March to awarded of rv,™ o Corp., at Wake a offered bonds sewer 14—v. 193, for the Securities The Vance 100 094 nf nr,,P price of 100.024. County funding improvement bonds. Dated May 1, 1961. Due on May 1 from 1962 to 1977 inclusive. Principal and interest payable at any bank or trust company designated Sale $2,500,000 school building, series A bonds ofbonds offered on March 7-—v. 193, p. 961 were ^warded to a syndicate headed by the First National City 'iK wh : (EST) A i r Bank New York of llmm, •;H j. d'1 $930,00 as at 6s. Due on from 1962 to 1969 800,000 ■5|; 3s. as a interest follows: net a about 3.11%, as »-• 1 orice 1 1" 535,000 as 235,000 $ cost of on April Due Is. on were follows: Chemical Bank t j !'j 1 ;<li ' i . ',V]jt „ iv '•("h* IN York o j • V'/ I y.: i i i'yi %f Hi v* ] iti f><>> j ih hi i'j, k\ ,j,< •G 51: — until 21 March $100,000 a.m. the bonds. Due 1961. 11 for on (EST) on purchase Dated April April 1 from 1, 1962 Principal and interest (A-O) payable at the Morgan Guaranty Trust Co., of New York, in New York City. Le¬ gality approved by Mitchell, Per¬ shing, Shetterly & Mitchell, of of 1973 inclusive. of New York City. March 6—v. building bonds »• i Commerce, of Pawhuska, at price of a 2^4s, OREGON 4 Bond Offering—Mike Mihalick, . receive sealed bids until Sale—The 8 offered 1066 p. awarded were — $55,000 school 9—193, March on (EST) on April 3 for the purchase of $31,000. special assessment xuau improvement 11111sesMiipiu road impxuveinexn lim- to The First National Bank of Oregon, Portland. Central Point, 193, p. 961—were First Cleveland Principal and inthe Rich- 1966 inclusive. The to terest (A-O) payable at land Trust Co., in Mansfield. Legality approved by Squire, Sanders & Dempsey, of Cleveland. Cincinnati, Ohio Offering—James G. Flick, Mahoning County (P. O. Youngstown), Ohio of Bond Sale—The $226,580 sewer Cincinnati City '* School District, a . — Sale in Oregon $49^811 city improvement, series 3 general ob¬ ligation bonds offered on March 7 193, —v. The to 961—were p. United & Co., Inc.; H. J. Steele & Co.; Arthur L. Wright & Co., Inc.; Glickenhaus & Co.; Hess, Grant & Remington, Inc.; Herbert J. Sims & Co., Inc.; Bioren & Co.; Burns, Corbett & Pickard, Inc.; Dittmar McKee Co.; Miami University, Board of Trustees, Oxford, Ohio Bond Sale — The $4,025,000 Starkweather & Co. Jefferson County School District (P. O. Madras), Oregon Bond Offering — Uvah Vanek, No. 30 Clerk of the Board will receive sealed p.m. (PST) of Education, bids March until 8 27 for the purchase of $65,000 general obli¬ gation school bonds. Dated Aoril 1, 1961. Due 1985 to on 3y8s, at on Ohio Cleveland, Ohio Bond Offering — George Vine, Secretary a.m. of the Sinking Fund, receive sealed bids until 11 (EST) purchase of on April ,11 $14,520,000 «£« nun?en^a,l",<^!,ig?.ti6n bondsM»r °h ?n APril offered on March 1962 to 1981 inclusive. for the various Offering—Hilda Schrantz, Clerk of the Board of County Commissioners, will receive sealed bids until 11 a.m. (EST) on March 29 for the purchase of $31,000 special assessment sewer improve- Dated ™ent bonds'." Dated ^ Apr£"iri»61. 1 from Du? °.n Oct. 1 from 1962 to 1971 inclusive. Principal White, Borough sealed on of and interest Secretary, bids until will March eral obligation March 7 Securities* & Co., as 2%s, at a price of 100.491, a basis of about 2.54%. RHODE ISLAND Rhode Island (State Bond Offering — of) Raymond H. Hawksley, urer, State General Treas¬ will receive sealed bids until 12:30 p.m. the (EST) purchase of on March 22 for $10,900,000 gen¬ eral obligation bonds. Dated April April 1 from 1962 inclusive. Principal and 1, 1961. Due on p.m. to interest payable at the State Gen¬ eral Treasurer's office. Legality from Principal 1962 and or to 1966 interest trust 1991 by Sullivan, Donovan, Hanrahan, McGovern & Lane, of New York City. -s approved com¬ the success¬ Legality approved by Ruff in, Perry & Pohl, State Colleges, Board of Trustees, Rhode Island ful bidder. of offered on v. pur¬ payable at any bank designated by Burgwin, bonds 193, p. 962 — were awarded to Eastman Dillon, Union — 8 1 inclusive. pany as par. March 27 for the on chase of $25,000 general obligation bonds. Dated March 1, 1961. Due on price of a Housing Agency, — city improvement bonds. May 1 from 1962 to 1971 receive (EST) Bond Federal Finance Upper Darby Township (P. O. Upper Darby), Pa. Bond Salle The $400,000 gen¬ sealed bids until 8 p.m. (PST) March 28 for the purchase $70,271 the Home and inclusive. Offering—Lyle B. Chapr City Recorder, will receive pell, to awarded July 1 from 1964 Bond Due (P. O. Canton), and — on — Stark County Co., & Susquehanna University of the Evangelical Lutheran Church (P. O. Selinsgrove), Pa. Bond Sale—The $800,000 dormi¬ tory revenue bonds offered >on March 7 v. 193, p. 962 — were , and Sutherland Bank, of Portland. C 6 » A > •Plow eral Housing and Home Finance inclusive. Principal and interest 101.299 a basisi of about 3T2%. Agency as 3s at a price of par (M-N) payable at the City Treas.Other members of the syndicate urer's office. Legality approved were as follows: First Boston Rootstown Local School District, by Shuler, Sayre, Winfree & Ran¬ Corp., First National Bank of Ohio kin, of Portland. Oregon, Portland, Mercantile Bond Sale—The $245,000 school Trust C.ompany, of St. Louis, Carl bonds offered on March 7—v, 193, PENNSYLVANIA M. Loeb, Rhoades & Co., R. Sj>. pt 754—were awarded to Magnus Canonsburg, Pa. Dickson & Co., Inc., Industrial & Co., as 33/4S, at a price of Bond Offering Ronald A. National Bank, of Providence, 101.015, a basis of about 3.66%. * & Harrison, Inc., Stranahan, Harris & Co. Co., Inc.; McKelvey & J. Rice & Co., Inc.; Ryan, ° Breed & Irving awarded North Bend, Ore. The Co.; Einhorn & Co.; Kay, Rich¬ & Co.; Magnus & Co.; C. S. ards National States . mendi & The — Co.;W. H. Mor¬ ton & Co., Inc.; Coffin & Burr" E. F. Hutton & Co.; Goodbody & Co.; Bache & Co.; Fahnestock & Co.; DeHaven & Townsend; Crouter & Bodine; Dick & Merle-Smith, A. ¬ Webster Dougherty & Co.; Wm. E. Pollock & Co.; G. H. Walker & Co.; Chas. E. Weigola & Co., Inc.; Dempsey-Tegeler & Co. Kean-Taylor & Co.; Mackey, Dunn & Co., Inc.; Thomas & Co.; William Blair & Co.; Bramhall, Fallon & Co., Inc.;. Dolphin & Co.; Elkins, Morris, Stokes & Co.: The Ohio Company; Wells & Christensen, Inc.; Arthurs, Lestrange & Co.; Robinson - Humphrey Co.* Inc.; Van Alstyne, Noel & Co;; Hannahs, Ballin & Lee; Poole & Co.; Rambo, Close and Kerner, Inc.; Anderson & < Strudwick; Cooley & Co. ~ M. M. Freeman & Co., Inc.; Hendrix & Mayes, Inc.; Hulme, Applegate & Humphrey, Inc.; Kor- basis of about 2.95%. Ohio $4,000,000 school building bonds offered on Sale Bond Co. & . (P. O. Corvallis), Oregon bonds May 9 for the purchase of $21,- and street improvement bonds of500,000 bonds Dated June 1,1961. fered on March 14—v. 193, p. 1066 uue on June 1 trom 1971 to zuui —were awarded to Seasongood & Mayer, as 3s, at a price of 100.28, inclusive. , Bond as par. County School District No. Bond _P°,no »iier>nB—miKe minaucK, .f, Boa_rd of Trustees, will Finance, will receive sealed bids until noon (EST) on will NORTH DAKpTA awarded to The National Bank of Township (P. O. 38\2 Mansfield), ^^weTe Warded' _ W. E. Easter- ling, Secretary of the Local Government Commission, will receive sealed bids at his office in Ra- , r,;'^ of Vk/i'tevil/c, N. C. j Bond Offering leigh, *'■' Co., $13,000 trans¬ portation equipment bonds offered on March 8—v. 193, p. 1066—were Benton Mercantile-Safe^ Deposit feVust fwardeduT/syndicate^IadeTby SXhlfv ^ Co., of Bait more Mi',, 1»jjt j. •s/.n, Trust New Hutzler, York, Salomon Bros Shields & Co., Branch Banking & -Trust Co., of Wilson, Clark, Dodge & Co., Fidelity Union Trust Co., of Newark, Robert Winthrop & New syndicate Ohio Corporation, as 3Y4S, at a price of 101.141, a basis of about 3.05%. 4 j as Sale—The Bond . assessment, street bonds offered Red tax bonds. Dated April to paving 1961, 1961. Due on Oct. 1 from 1962 1, limited tax Director t Oklahoma series 1 April 1, Osage County Dependent School (P. O. Pawhuska), - awarded Other members of the syndicate i V'TI as Trust Co., of Oklahoma City. p.m. Bond ■ District No. 22 syndicate Rothschild F. F. S. Smithers & March 7■—v. awarded to on Co.; Ira Haupt & Co.; & Co.; Hornblower Weeks; Dean Witter & Co.; J. L. Indep. Sch. Dist. were — & Nuveen Co.; Weeden & Co.; Paine, Webber, Jackson & Curtis; * 1066 De- C. Bradford & No. 26 (P. O. Okemah), Okla. Bond Sale—The $223,000 build¬ Park Avenue, West office. Legality & and the County, Legality approved Shaffer & Williams, of The First National Bank & 3.56%. 1962 of Adams Okfuskee County < $1,4000,000 a John OKLAHOMA *,;• J. Co.; Goldman, Sachs & Co.; Stearns 15, Cincinnati. a syndi¬ C. follows: as at Glore, Forgan & Co.; Blair & Co., Stone & Webster Securities Corp.; Salomon Bros. & Hutzler; R. W. Pressprich & Co.; Bear — Madison Cambridge, Ohio Bond Sale—The $51,000 special Dl,uu f*1*3 Due on April 1 314s. of about _ by Bricker, Evatt, & Niehoff, of Eckler Columbus. Bank were Inc., the of Inc.; in West Union. MacArthur & Co. (A-O) payable at the 1 inclusiye. Due as from 1 Principal payable at (J-D) by Halsey, Stuart & Co., 33/4S, at a price of 102.0892, basis Principal Dec. on City Bank, of Cleveland, Ball, Burge & Kraus, and Kenower, Folder Barton, on April 1982. )•. f > a.m. approved Rnrfnn of from 1970 to 1977 inclusive. vj.J 4:1 inclusiye to cate until Dated March Co. members Other Education, bids inclusive. 193, p. Other members of the 11 Due 1975 by Peck, The of syndicate headed by a Stuart & price of 98.125. Halsey, Bruce Little, — sealed interest were as follows: Paine, Webber, Jackson & Curtis, Dean Witter & Co., R. S. Dickson & Co., National . ^ — awarded to vine & Board National ^ $105,597 Villa Nova sewer ^Vslxict"limited tax bonds. Dated A ril 1 1961 Due on Qct. 1 from from 1978 to 1981 inclusive. *•:« headed a the of receive 1961. to basis of about a Offering ing 1961 bonds. The awarded v?'. March 28 for the pur- on Sale Bond — •"i lit \ >&>.* until bids County Auditor's The ies and water works system bonds offered 0n March 13—v. 193, p. 1066— Inc., chase of and interest North Carolina Bond sealed enue, 13th series bonds offered on March 14 —v. 193, p. 962 —were pay¬ Bank, I ing bonds offered were 'li: OHIO < noon (EST) on April 3 for the purchase of $435,000 school build¬ 1981 Lima, Ohio by the successful bidder, ^ ^ Raleigh), O. (P. Clerk will 315% Wapakoneta), Ohio on — National Pennsylvania General State Authority (P. O. Harris> i burg), Pa. Bond Sale—The $25,000,000 rev¬ I Legality approved Sanders & Dempsey, Squire, Bond Cincinnati. prjce Qf 100.598, purchase of $230,000 re- ^ond Offering — Vernon Doenges, County Auditor, will re- 1170—were p. until $65,000.school improvement, second series bonds offered on March 6—v. 193, p. (MST) on April bids until 8 p.m. in Erie. Legality approved Townsend, Elliott & Munson, of Philadelphia. ' by Ohio Ohio Auglaize County (P. O. sani¬ bids 15 from 1962 to Principal Bond Sale First - pany, West Union Local School District, Lexington Local School District, Minot, N. D. ceive $275,000 Oblinger, Education, Bond Offering — R. E. Barcus, 961 — were awarded to Ryan, City Auditor, will receive sealed Sutherland & Co., as 3V4s, at a on April 1972 inclusive. Selma, N. C. of sealed & Williams, of Due 3%s. Due on April 1973 to 1981 inclusive. Board interest (J-D) payable at the First Nationai Bank, in Germantown. Legality approved by Peck, Shaffer 1990 inclusive. Minneapolis. V 't Dec. on inclusive. follows: Allison-Williams Co., Juran & Moody, Inc.,. J. M. Dain & Co., Inc., Piper, Jaffray & Hopwood, E. J. Prescott & Co., and the First National Bank, of 3 Pleasant, N. C. Sale Bond Due were as New Bank Jan. Other members of the syndicate Ra- - on Offering—R. E. receive the at of Cleveland. noon (EST) on March 27 for the purchase of $400,000 school build¬ ing bonds. Dated March 15, 1961. Due on Jan. 4.10s. as will 1987 inclusive. from 1988 to receive (EST) a.m. Due 4s. as from 1983 to by Local School District, of the Clerk Due on Jan. 1982 inclusive. 3.90s. as Bond Jan. on able Ohio 1974 inclusive. from 1971 to ling, Secretary of the Local- Gov¬ sealed Due 3.60s. as of April interest (M-N) payable at Security-Peoples Trust Com¬ and the in Wadsworth. on Jan. 1970 inclusive. from 1963 to 140,000 been $4,950,000 school building bonds. as Due 3s. as of sealed on general obligation bonds. Dated May 1, 1961. Due on May 1 from 1962 to 1991 inclusive. Principal March Principal and interest (M-S) Germantown 105,000 Commission, will 3.93%, about of cost — Schools, will receive sealed bids until April 5 for the purchase of net a follows: 130,000 ernment price of par, a Williams, & has 858 p. Findlay City School District, Ohio construction limited tax bonds. Bond Offering — Robert Van" Dated March 1, 1961. Due on Sept. Aucken, Superintendent of 1 from 1962 to 1971 inclusive. $915,- syndicate headed by Kalman & a Bank on 193, v. — (EST) purchase of $2,150,000 the for 11 public $486,000 receive • bids until 11 a.m. Wadsworth, Ohio Bond Offering—Harry W. Bow¬ ers, City Auditor, will receive sealed bids until noon (EST)' on March 21 for the purchase of $108,000 special assessment sewer Cincinnati. Of offered Lexington, N. C. Offering — W. E. Easter- Bond issue Shaffer Peck, inclusive. 1981 to the at of will Clerk, City postponed. Russellville. Legality approved by Devils Lake, N. D. at a 1978 from payable (J-D) sale' Offering—Eugene Graney, Bond . 7 inclusive. Principal and ^interest Due on April 1 Erie, Pa. County recreation bonds offered Due on Dec. 15 from 1962 to 1985 inclusive. 1977 to 3.40s~ the k Toledo, Ohio ing bonds. Dated March 15, 1961. 1 inclusive. Due on April 1 3V4S. as April on 1965 to 1966 from Trust York 1963 as 200,000 the and Bank, New 14 awarded headed Manhattan 600,000 Due 3s. as from $4,000,000 1066—were p. syndicate a follows: as at office. Bond Sale Postponed—The pro¬ / Corp., I and Bank of Granite, jointly, at a price of 100.109. payable Treasurer's Pittsburgh. Bond Mainelli, Offerings- Hugo R- Chairman, will receive ' Volume 6039 Industrial The c/o bids sealed Number 193 . . The Commercial and Financial Chronicle . Dallas County Road District No. National Bank of Providence, 160 Westminster noon Bond Offering ™ Lew Sterret, — bids until 10 Da?ed6Oct lT959rDue l, lypy. Due 6 / purchaSa °f unlimited tax road bonds. on on from 198 to 999 inclusive. Interest A-O. Legality approved Oct 1, Aprii from in Bond • (P. O. . Charleston), S. C. Offering — J. Mitchell •/' • Council,' will receive" sealed" price & of Bond bonds 193, $175,000 March on Co., 15 jofnUy, Inc, v at March 1170—were p. Craigie 15 , Bond Spokane County, Mead Consol. Sch. ...^, — 354 (P. O. (P. O. District No. 354 . Spokane), purchase of $118,000 school bonds. " WEST VIRGINIA • . . — wil A• Joan Howe, A L IfCG/TWTo~ p.m. (MST) on ~ 4:30 1 "™ March 24 for the purchase of $44,00°. general obligation recreational honds.- Dated April 1, 1961. Due on April 1 from 1962 to 1969 inclusive. Principal and in- Bond Offering—Sealed bids will be received until March 28 for the & +U until bids „ > Offering Clerk, own Washington Co., and C. F. Cassell & Co., jointly, at a price re- group composed of & Co., American WYOMING to awarded a Gillette, Wyo. v. — to Prescott April 18 for the purchase of $362,000 school bonds. pu Sale—The $600,000 school on J. hp received until a 102.818 offered W. F. awarded E. 63 National Bank, of St. Paul, KalSpokane County, Central Valley man & Co., Inc., and Juran & School District No. 356 (P. O. Moody, Inc. Spokane), Wash. Bond Offering—Sealed bids will school 4 t Sale —The $400 000 ' ' Halifax County (P. O. Halifax), Virgima " ' National Bank, Indep. School District, Tex. Bond offered Cassell Dallas. Denton Graham, Chairman of the County • 10 inclusive. Prin- Mercantile The The bonds will be reof- fered in the "ear future" O. 193' p'Craigie & Co awarded F ""-were and C to f W Dated April on bonds Legality approved by McCall, Parkhurst, Crowe, McCall & Horton, of Dallas. CAROLINA SOUTH Charleston County Due April on not sold. Virginia Bond Sale and interest (A-O) payable the at 1961. i0, (CST) a.m. 1962 to 1981 Palmer & cipai by Storey,JThorndike, Dodge, of Boston. Campbell County County Judge, will receive sealed purchase of $610,000 Rhode bonds Dated uct. bonds. VIRGINIA 1 (,P-?: Da"as>-J""" Street, Providence, (EST) on March 28 ™ until for the (1283) terest (A-O) payable at the Town funding bonds offered on March 7 of 102.706. / Huntington, W. Va. Treasurer's office. Legality ap¬ until noon (EST) on March 30 for ~"v-t93p. 1067—were awarded Pittsylvqnia County (P. O. Bond Offering — Florence Wil- proved by Tallmadge & Tallthe purchase of $1,250,000 general to The First National Bank, of Chatham), Virginia ' hams, City-Clerk, will .receive h^Denver" purpose 1961 bonds. Dated April Dallas. Bond Offering—J. Gordon Ben- sealed bids until 1 p.m. (EST) on maage> uenyer. bids April 1 from 1962 inclusive. Principal and Harris County Fresh Water Supply payable at any trust company designated Bayway Drive, Baytown), 1, 1961. Due on 1971 to , bank or ..approved by Simons, of Charleston. Charleston County School District offered first series bonds March on 1 1976 to 1983 inclusive. Due & obligation bonds offered on March ■- J J: IP., OW9rH0(i q«o loo.n P' a as ' par-. we e a a a a p ' Gettysburg, So. Dak. Bond Sale—The $25,000 general obligation water works bonds offered on March 6—v. 193, p. 1066 —were awarded to The First I burg, K Haakon Sch. Dist. Indep. County building bonds offered on March 193, p. 1067—were awarded to Piper, Jaffray & Hopwood, and Associates. County Rapid Valley 4 (P. O. Common Sch. Dist. No. of $118,000 Legal¬ 3s. as as March 15 — v. on April 1 3.70s. Due on April Hart, Inc., Rotan, Mosle & Co., & Trust Co., of Dallas. Additional Sale — inclusive. April on 7:30 1, The $550,000 Di tmar & Co. PoUokF°^mk Imn, andA Underwood & Co., Inc., at a price trust company at any bank or designated by the bidder. successful ega 1 y ap proved by Dprsey, Owen, Barbe , Marquart & Windhorst, of Minne¬ apolis. TENNESSEE Rockwood, Tenn. Bond Offering—Alvin E. Nelson, City Recorder, will receive sealed bids until 10 a.m (CST) on March of $160,000 and tax bond, Dated April 1, 1961. Due on Jan. 1 from 1971 to 1983 inclusive. Prin¬ 29 the for airport purchase revenue successful bidder. Legality apnroved by Chapman & Cutler, of Chicago. by the Eddleman, was sold headed by the Do- Securities Corp., Ltd., as 25,870,000 as 5V2s. Due on March 1 from 1976 to 1991 inclusive. 3,748,000 C^nty (P. O. ]uneau).W,s -Jollpws: .Shlomon Bros. on Thornhill, ? ;; Menomonee Southampton County (P. O. Courtland), Va. sale__The 1171 p. on Lannon —were 15 to awarded Sale Bond schoof & ^^ 3 ^ 192 714 102.714. Falls, Butler and V. WASHINGTON Clark 193, No. 112 School Sale—The a inpra1 , $700,000 . bonds offered on March 13 —v. 193, p. 1067 — were awarded to The National obligation general Sc/ioo( DJ;.c( ^ Q 2Q4 oribout about ot "reenshields & Co.; Inc.; jAnderson & Co'' Ltd'; R' A' Daly t 3 59% 3.59%, as fol as fol- Ltd c 1962 Couperville), Wash. 310,000 1970 from 1972 to inclusive. Fry Ltd inclusive, Due on April 1 3V4s. as 1969 to Hannaford, DawS0n5 & Co., Ltd.; Bankers Bond Corp Ltd<; Deacon Findley rnvne Ltd •' Matthews & Co./ Due on April 1 31/2S. as 'from , Cochran, Ltd.; Ltd Co Ltd.; $220,000 school Co., EKT£ SSSSf lows' (P. O. Vancouver), Washington f Bond & Pitfield 756—were awarded to D. terest'cost .erest cost District Nes- andC eaufoment Mu?.r.ay ^ Ca' building rCdoiCaat anrlce oJparaS- Washougal Joint County Consolidated syndi- Ltd.; Equitable Securities Canada Ltd.; J. L. Graham Co., Ltd.; Burns Bros. & Denton, Ltd.; W. C. Villages Union High (P. O. Sussex), Wis. v. — the bitt, Thomson & Co., Ltd.; Harris & Partners, Ltd.; Gairdner & Co., Sussex, Towns, School District Joint No. 6 $200,000 school March of Royal Securities Corp., Ltd.; Lisbon Pewaukee, hert J. Sims & Co., Inc. Bond April 6 for^the^purchase of $1,- ciusive. John Small & Co., Inc., and Her- bonds offered members cate were as follows: "Wood, Gundy & Co., Ltd.; A. E. Ames & 10o,000 county home addition Co., Ltd.; McLeod, Young, Weir & bonds. Dated April 1, 1961. Due Co., Ltd.; Mills, Spence & Co., on April 1 from 1964 to 1980 in- Ltd.; Bell, Gouinlock & Co., Ltd.; 9 ^fes' Other Bond Offering—Sealed bids will received until 10 a.m. (CST) 514s. Due on March 1962 to 1976 inclusive. as 1 from ^oss . & Co., Ltd.; Knowles Wal^yn> stodgell & Co., Ltd.; 330,000 as 3V2s. Due on April 1 Wisener, Mackellar & Co., Ltd.; from 1973 to 1975 inclusive Charles H. Burgess & Co.; Bart660,000 as 33/4s. Due on April 1 lett Cayley & Co., Ltd.; Fairfrom 1976 to 1981 inclusive. cl0ugh Co., Ltd.; Beatty, Webster Other members of the syndicate & Co., Ltd.; J. R. Meggeson & Co., were as follows: First of Michigan Ltd.; Collier, Norris & Quinlan, Corporation,, Goodbody & Co., Ltd.; Osier, Hammond & Nanton, —x..u., - . Stern Brothers & Co., Rodman Ltd., and Flemming & Co. & Renshaw, Mullaney, Wells & QUEBEC Texas Woman>s University (P. O. Co., Allan Blair & Co., and ChanDenton), Texas March 24 for the purchase of $97,- "er Newman Securities Co. Arvida, Quebec Bond Sale—The $1,000,000 dor000 general obligation, series A • River Falls City, River Falls, Bond Offering—Georges E. Car¬ Clifton, Martell, Kinnickinnic, mitory revenue, series 1961 bonds bonds. Dated April 1, 1961. Due rier, City Secretary - Treasurer, offered on March 15—v. 193, p. on April 1 from 1963 to 1981 inTroy and Rush River Towns will receive sealed bids until 7:30 Joint School District No. 1 1067—were awarded to the Fed- ciusive. Principal and interest p.m. (EST) on March 27 for the eral Housing and Home Finance (P. O. River Falls), Wis. (A-O) payable at the County purchase of $208,000 city improveAgency, as 3V2s, at a price of par. Treasurer's office. Legality apBond Sale —The $1,015,000 ment bonds. Dated April 1, 1961. • • offering—Harry A. Lang, will receive sealed bids until 1 p.m. (PST) on Waco Indep. School District, Texas Bond Offering-Sealed bids will b Bond County received until Anril 6 Treasurer, Horowitz,y itfrin"'Zh0EllLmS°of for the building bonds „ ^ e , , r>. Weber Rnnd offprint w'N 'Rall Secretary of the Board of Educa- u i Due on April 1 from 1962 to 1981 ™,PS've- a'svndkatecomnosed <Lfyndlcate composea (A_Q) payable at all branches m ^,s.D the JUntonJch,,o' & Co., Inc., Piper, Jaffray & Hop- receive sealed bids until 11 a.m. (PST) on 4.pril 5 for the purchase of $2 — wood, and Mannhefmer-Egan, Inc., at a price of 100.028 a net interest cost of about 3.18%, as 000,000 general obligation, series follows: County College, Ogden, Utah rT te Offering—A. A. Tremper, Bond UTAH £uild'ng, larded Seattle. /^rafe^f' ll^looVsSho'ol ^ ^ cipal and interest (J-J) payable at any bank or trust company desig¬ nated Inc 14—v. _ sewer revenue, ing bonds. Dated Feb. 1, 1961 on Aug. 1 from 1964 to 1980 inclusive. Principal and interest March on p. . 1989 inclusive. Bank offered 1172 — were awarded to Piper, Jaffray & Hopwood. 193} Hutzler Shearson Hammill & \ ™f°rd & Co., Field, nf Other members of the syndicate Texas Due April 1 1 Due payable of issue An follows: be 193, werp as follows: Commerce Trust Co., of Kansas City, Dallas Union Securities Co., Inc., Funk, Hobbs & 1980 Is. on , as 1966 inclusive. from 1982 to to 1966 as ... tiom 1967 to 1981 inclusive. from I9b7 381,000 Due series 1961 bonds Bank of Commerce, in Seattle, p m (CST) on March 20 for the offered at. the same time were and McLean & Co., jointly, purchase of $35,000 school build- awarded to a group composed of CoupervilleConsol. (F-A) — debentures syndicate to a minion Cumberland, Wis. j—T/r ' Other members, of the syndicate . Due 3.40s. 1981. Texas on as from 120,000 501ro0mT9637Iti?8TinOelureil 1 ll inclusive. of Board of Education, the will receive sealed bids until Sale Debenture $34,147,000 '° A1'a" Blair & Co" at a price of 100-002- bonds 1,740,000 100.012, a net interest cost of about 3.60%, as follows: and Rapid City), S. Dak. Bond Offering—Homer D. Swan, Clerk interest 193, p. 1171—were awarded to a syndicate headed by the First Southwest Co., at a price of 8—v. Pennington offered from 1962 to (P. O. Phillip), So. Dak. Sale—The $185,000 school No. 1 and in Dallas. Bank, Sherman, 3.40s, at a price of par. as Bond | Gettys- of Bank County Principal payable at the Mercantile, Bond Sale — The $1,000,000 « street and storm drainage permanent improvement limited tax bonds Potter March 7—v. 193, on inclusive Bond Sale-The $110,000 water- $4,529,000 as 5V4s. Due on March $440>P00 as1962 to Due or} April 1 works system mortgage revenue 4f/4S* 1965 inclusive, 1 from 1966 to 1971 inclusive. from Boothman, of Dallas. (P. O. Mound City), So. Dak. Bond Sale—The $91,000 general * of 28~v- 193> P- 962—were awarded ity approved by Dumas, Huguenin Common School District No. 47 price bonds offered B. ^962 National . Woodrow Anril 1 from April 1 from 1962 to 1973 to 1973 cn (A-O) DAKOTA Campbell County, Mound City at'a 6s as if^bonds^X^eT Amil 1^961 C°St °f 3b°Ut 3'26%' 38 follows: inclusive. SOUTH Inc Metropolitan Toronto, Ontario ^ asJ5V4s. Due on March 1 Smith eral obligation improvement p. 548-were awarded to a syndibids until 2 P m- (CST) on March Cate headed by Shields & Co., at 24 for the purchase of $180,000 a price of 100.034, a net interest 1968 to 19.75 inclusive. from from Due — debentures was sold to ®a/d"?rS°n &pieC°- y£d'era& JJK*™ Bond Sale The $90,000 swimmGing P™1 bonds offered on Feb. Va. Wilson Mayor, will receive sealed from 1962 to 1967 inclusive. 200,000 Offering Ontario Debenture Sale —An issue of 99.35. Due on April 1 from 1962 Bond Sale—The $2,300,000 gen- $140,000 as 3 Vis. Due on March 1 3s. ONTARIO WISCONSIN Portsmouth, Bond as of as panJ'.lnw^Danville. Legality ot Chicago. &PPL°g^ ^ ^ew YorkgCUvWS°n & ^°san, oi j\ew xorK Lity. Hereford, Texas follows: 160.000 Callable American National Bank & Trust approved by Chapman & Cutler, 4.04%. awarded Ingen & Co., at a price of 100.0079, a net interest cost of about 3.18%, as to 1977 inclusive. April 5 for the purchase on gen- -were March 9—v. 193, p. 962 to B. J. Van on —were $452)000 awarded to Rauscher, Pierce & Co., Inc., and Dittmar & Co., Inc. jointly, as 4.05s, at a price of 100.153, a basis of about (P. O. Charleston). S. C. Bond Sa'e—The $500,000 school 20 1961. (EST) ^ ( ,AN AI)A • $2,000,000 school bonds. Dated April 1 1971. Principal and interr ] f)biioati0n waterworks and April 1, 1961. Due on April 1 from est (A-O) payable at the Chemrsewersvftem series 1961 bond! 1862 to 1881 inclusive. Principal cal Bank New York Trust Comoffered on March 8-v. 193, p. 962 and interest (A-O) payable at the pany in New York City Legality SaIe_The Bond . building April 7 for the purchase of $2,000,000 bonds. Dated April 1, 1961. Due on April 1 from 1962 Texas bidder. Legality Sinkler, Gibbs & by the successful No. nett, Secretary of the State Commission on Local Debt, will receive sealed bids until noon District No. 8 (P. O. 6109 (A-O) interest Treasurer, will »•> ™ ce(jure. „ . n , ™' The $380,000 town improvement b<3nds 011 J*" Bond Sale ooonnnn + "Jf- '«»»» '« "?■, D""".Mfrehl Stot. S."a.7bJ 1969 to 1972 inclusive, 3.30s. Due on March 1 ada, at a price.of 97,68, j, net mterest cost of about 6.18%, as fol- TEXAS Crockett County Water Control and Improvement District No. (P. O. Ozona), Texas Bond Sale—An waterworks series was 1957 sold to ritiPQ Pnrn — Edwards of $40,000 system, unlimited tax bonds The Columbian Secuand sewer and William nf tas -- N. issue - . & - • • • -4.il. Co., jointly, as purchase of 87«Pnnn $765,000 student center revenue 1960'bonds. Dated Oct. lw1960. Due on Oct. 1 from 1 <4., 4s. 1963 to 1995 inclusive. Callable as of April 1,1971. Principal and interest (A-O) payable at the First Security Bank of Utah, in Ogden. Legality approved by Chapman & Cutler, of Chicago. (M-N) payable (M-N) payable at the County Treasurer's office. Legality approved by Preston, Thorgnmson S^anr? Ellls» of cattle. _» • on revenue bonds March 7—v. 193, p. offered 1067—were as from 60,000 Bond 1973 as 1976. ^ Bonds Not Sold —The $60,000 airport from 255,000 3.40s. - to 1975 inclusive. Due on March 1, ' Stanley, Wis. Sale The $504,000 — — $143,000 as 5%s. re- were Due on March 1 from 1962 to 1971 237,000 as 6s. funding school bonds offered on March 7—v. 193, p. 1067 I°ws: inclusive. Due on March 1 from 1972 to 1976 inclusive. Other members of the syndi- cate were as follows: Placements k M r| / !' r >, H 64 Kennebec, & Fils Florido Inc.; Matteau Engr.; Durocher, Rodrique & Co., Ltd.; Jacques Legare & Co., Ltd., and Savard Hart, Inc. La Sarre Bond bonds >1'! <■ p. V rt'; offered nadienne ;' t 1 1 teau & Langlois ,t of on Feb. 20—v. from 74,500 6s. as from Due March on Town 1 193, (EST) 1 chase 1965 to 1976 inclusive. Banque Engr., and Lachute Protestant School ■ Viellet, Courtemanche, Inc., Due Commission, Quebec Ca- bonds offered p, 964 — Dawson awarded on pur¬ to bank The Dated March April 1 from 1962 to 1981 in loan the improvement The $339,500 town bonds offered on March 1 193, 1 1962 from to payable 1981 inclu¬ of in the Quebec, of the bank the loan procedure. in mentioned branches all at Province Sale — v. — 859 p. were — awarded to The Dominion Securi¬ ties $144,500 Principal and interest (M-S) sive. pro-- cedure. Hannaford, Ltd. Pincourt, Que. Corp., on of chase Dated mentioned Dominique March 28 for the pur¬ school bonds. March 1, 1961. Due on (EST) town improve¬ April 1, 1961. $600,000 Principal a n d interest (A-O) payable at all the branches in the Province of Quebec, of the March. 6—v. 193, on were of bonds. Monday, March 20, 1961y Bond Lebrun, Secretary-Treasurer, will receive sealed bids until 7:30 p.m. p.m. 28 for the March on 5 until bids inclusive. Sale—The $453,COO school Bond sealed Offering —J. Bond will Secretary-Treasurer, . Commission, Quebec Offering—Rene Labrosse, receive ment group a Nationale; Florido Mat¬ & Due on March 1962 to 1964 inclusive. $85,500 as 5%s. Bond Chronicle Notre-Dame-des-Prairies School Lollard-des-Oremeaux, Quebec price of 98.10, a net interest 6.23%, as follows: a $160,000 school The Fils at cost of about Commission, Que. 859—were awarded to composed II ; School Sale—The Commercial and Financial The (1284) 5i/4s and 6s. as Pointe-du-Moulin, Quebec Bond Offering—Maurice d'Hont, Secretary Town (EST) of chase until will 10 a.m. March 29 for the on pur¬ $606,000 bonds. sewer Treasurer, - bids sealed receive aqueduct and Dated April 1, 1961. April 1 from 1962 to 1981 Principal and interest Due on inclusive. (A-O) payable at all the branches the Province of Quebec, of the in in mentioned bank the loan pro¬ cedure. AMERICAN INVESTMENT COMPANY Riguad, Quebec 1 Offering — Bernard Bond ILLINOIS or La- londe, Town Secretary-Treasurer, receive will sealed bids until 8 (EST) on March 27 for the purchase of $101,000 town im¬ provement bonds. Dated April 1, p.m. Due 1961. Reports for 1900... April 1 from 1962 to on inclusive. 1981 terest (A-O) Principal and in¬ payable all at the branches in the Province of Que¬ bec, of the bank mentioned in the loan procedure. 'y-:.' St. Anne-de-Varennes CONTINUED GROWTH bonds improvement 27 Feb. Parish, Que. $227,000 parish Sale—The Bond awarded 193, v. — offered on 859 — were p. The Placements Ken¬ to nebec, Inc., at a price of 97.30, a interest net as )S Our loan volume in 1960 t.i •;'{•• f ■i ]) high of $413,301,511, HIGHLIGHTS From the Annual a an increase of 9 - ' 5. 1960 157,000 $7,130,576, second largest in our Gross (l ,i| Earnings $ 59,443,929 Net Income . 1'! $ 54,262,287 $ ♦ $ 7,130,576 history.- 6,558,680 Due March on 5V2S. as Due on March 1, Commission, Loans I! i il During 1960 we opened or acquired Outstanding 57 $286,124,929 . $378,853,173 $251,311,677 eight. This net gain of 49 offices Earnings a Common per $1.37 Dividends per offices, and consolidated total of 580 at year 40th our Share. 'I 531 - 580 Number of Offices •'i) <; bends offered on March 9—v. .193, 964—were awarded to The Beianger, Inc., as 5s,-,.5%s and SV'uS. at a price of 98.858. y .».V y ' •. we Common $1.00 Share state, closed or — gave us end. We entered North St.-Jean-Port-Joli, Quebec Bond Sale The $60,000 city Dakota, where improvement bonds offered March 193, 859 started four 1961, $1.00 we new offices. Already in have opened 20 offices and ii., our 41st and 42nd states . . . North Carolina and Texas. at a Public attitudes toward undergone a consumer remarkable •V'h'. transformation in the last quarter cen¬ cate mi " Ay ■ r ' • - ■ -.lfi making greater and wiser are MILLIONS $ MILLIONS $ consumer 300 dant life. credit to achieve Such a trend use a more nificance to the future of Co., Inc., as 5%s, 97.43, a basis of y members as the of follows: syndi¬ Clement, de Quebec; Garneau, Boulanger, Ltd.; Grenier, Ruel & Co., Inc.; J.-E. Laflamme, Ltd.; Jacques Legare & Co., Ltd., and Lagueux & DesRochers, Ltd. our MEETING NOTICE of abun¬ is of vast ji ,fL of were on were about 5.90%. tury. People understand it better, and LOANS OUTSTANDING NET INCOME •: — syndicate headed by & price p. Guimont, Inc.; La Corporation de .ih. credit have a Dube Prets «» v. — Other ii. ■ 1 awarded to Oscar $1.25 entered sig¬ company. ?! i 200 <»» } ™ I 41 | Florida—Magic vacationland Vii i»'') every month of the year 100 i i*J •; ■•'I) FLORIDA POWER & LIGHT : I"1'} COMPANY 11. 1950 1955 1958 1959 1950 1960 1955 1958 1959 1960 Miami, Florida y|! l> ; = NOTICE ■'f-4,; 1 •A A copy i.n,', :W.. ! VV of our annual report is available request. Write to: Public ■' y 8251 •t! IS HEREBY GIVEN that the holders of the Common Stock upon of Florida Power & Relations Dept., American Investment i-i Light Company of record at the close of business Company, April Maryland Ave., St. Louis 5, Missouri. 6th, 1961, are entitled to notice of and to vote at the Annual Meeting of Stockholders to be held in the Sky Room, Dupont Plaza Hotel, 300 Biscayne Boulevard Way, ,M INVESTMENT COMPANY AMERICAN ■; ,y"< I OF ?.i { 8251 Miami, Florida, on Monday, May 15th, 1961, at 2:00 o'clock P.M. ILLINOIS W. F. Maryland Avenue, St. Louis 5, Missouri Blaylock, Secretary. 4i, H: Making loans to millions of American families through our principal subsidiaries PUBLIC FINANCE CORPORATION * > { I lit,!' ' W ''III >' ' I ' i • PUBLIC LOAN CORPORATION GENERAL PUBLIC LOAN .,M) Florida—Gateway to the Americas for busi¬ ness rjr) " - Quebec V Sale—The $190,000 school p. - $413,301,511 . .til f' 1 , Volume of Business , 3.80% 1962 to 1970 inclusive. St. Cesaire School were 43-year about 1971. Bend 1959 5s. as from a year . Ml $70,000 a new of cost follows: per previous record set peak at $59,443,929. Net earnings 'i '/.Ml new Gross earnings also reached ago. Report to Stockholders ■i.'i f the cent over ;i|i , to ' • •4-• 1j, ft rose • DOMESTIC and Industry FINANCE CORPORATION CORPORATION ANb COMMERCE LOAN COMPANY J. \l