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ESTABLISHED 1839
In 2 Sections
Ik2
an
Financial
—
Section 2
d
Chronicle
Reg. U. 8. Pat. Office
Volume
187
Number
5742
New York 7, N. Y.,
Thursday, May 15, 1958
TEXAS
Price
50
Cents
a
Copy
GROUP
INVESTMENT BANKERS ASSOCIATION
OF AMERICA
"Z
23rd Annual Convention
HOUSTON, TEXAS
APRIL 23-25,
1958
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The Commercial and Financial Chronicle
.
.
.
Thursday, May 15, 1958
IBA
COM
EXECUTIVE
Earl G.
VICE-CHAIRMAN
VICE-CHAIRMAN
CHAIRMAN
B. F. Houston, Jr.
John P. Henderson
Fridley
Allison
M. E.
Fridley, Hess A
Frederking, Houston
San
Inc.,
Dallas
A Co.,
ties
Antonio
Union
M
T
T
E
E
SECRETARY-
EXECUTIVE
TREASURER
SECRETARY
John
Securi¬
I
R. Brud Smith
Jay Fosdick
Dallas
Eddleman-Pollok Co.,
Houston
Company, Dallas
COMMITTEEMEN
Russell R. Bowles
William F. Parvin
Co.,
John W.Turner
Winston &
Rowles,
Austin, Hart & Par¬
vin, San Antonio
Houston
William C. Porter
Taylor B. Almon
&
Turner, Inc., L ilas
Eppler,
Guer.'n
Rauscher, Pierce &
Dittmar &
Co., Inc., Dallas
Inc.,
San
Company,
Antonio
Milton R. Underwood
Underwood, Neuhaus
A Co., Inccrpora'cd,
Houston
COM
EDUCATION
LEGISLATION
Wilbur E. Hess
Fridley, Hess A
Frederking, Houston
James L. Bayless
Rauscher, Pierce
A
Co., Inc., Houston
MITT
EE
CHAIRMEN
MUNICIPAL
PUBLIC
SAVINGS
SECURITIES
RELATIONS
BOND
Eugene D. Vinyard
Central
Investment
Company of
Dallas
Texas,
Lewis F.
Mercantile
Bank,
Lyne
National
Dallas
Earl G.
Fridley
Fridley, Hess A
Frederking, Houston
MEETINGS AND
NOMINATING
Louis J. Kocurek
Rauscher, Pierce A
Co., Inc., San Antonio
MEMBERSHIP
E.
Clyde Hawkins
Rauscher, Pierce A
Co., Inc., Houston
ENTERTAINMENT
Walter M. Sorensen
Rotan,
Mosle A
Houston
Co.,
-Volume 187
Number 5742
;
.
.
The Commercial and Financial Chronicle
3
;
*
-
,
*•
Gordon Calvert, Assistant General Counsel of Investment Bankers Association of America; Tom R.
Walker, Chairman of the Beard, Transcontinental Gas Pipe Line Corp.; Edward N. Gadsby, Chairman,
Securities A Exchange Commission, Washington, D. C.; W. C. (Decker) Jackson, Jr., First Southwest
Company, Dallas, President of Investment Bankers Association of America; Ray Garrett,
Securities A Exchange Commission, Washington, D. C.
f
.
Underwriter
Distributor
•
•
Dealer
,,
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FIRST
<S0UtflU>€4t
COMPANY
MERCANTILE BANK BUILDING
DALLAS
Abilene
Houston
Lubbock
Plainvibw
San Antonio
jl
Tyler
J.
TEXAS
MUNICIPAL BONDS
Central Investment Company
OF TEXAS
4310 Westside Drive, Suite D
P. O. Box 1738
Dallas
Bell
21, Texas
Teletype—DL 586
LAkeside 6-3818
Jackson, Jr., First Southwest Company, Dallas, President of Investment
Bankers Association of America; Mr. & Mrs. Earl-G. Fridley, Fridley, Hess A Frederking, Houston,
Chairman of Texas Group I. B. A.
Mr.
&
Mrs.
William
C.
•
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Southwest selected for
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PROSPECTUS MAY BE OBTAINED FROM YOUR INVESTMENT DEALER OR
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TEXAS
»
FUND
MANAGEMENT
CO.
principal underwriter
•
423
TEXAS
HOUSTON, TEXAS
•
NATIONAL BANK BLDG.
CApito! 7-0211
•
TELETYPE HO-566
The Commercial and Financial Chronicle
Mr.
Mrs.
&
John
Earl G.
.
.
.
Thursday, May 15, 1958
'
\
P.
Earl
G. Fridley,
Henderson,
Fridley, Hess A Frederhing, Houston, Chairman Texas Group, I. B. A.;
M. E. Allison A Co., Inc., San Antonio, chairman-elect, Texas Gr-up, I. B. A.
Fridley, Fridley, Hess A Frederhing, Houston
Rauscher, Pierce & Co., Inc. ;
Member
New York Stock
Midwest Stock Exchange
Exchange
American Stock
):
Exchange (Associate)
$
:
Underwriters
Brokers
Dealers
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Distributors
•
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Edward
Bank and
Insurance
.
:
Public
—
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Company Stocks
v*
Mutual Investment Funds
Bonds
D. Cobb, Schneider, Bernet A
Hickman, Inc., Dallas; Donald E. Furber, Eaton A Howard,
Incorporated, Boston; W. L. Nelson, Schneider, Bernet A Hickman, Dallas; F. Vincent Reilly,
Commercial A Financial Chronicle, New York
A
Municipal Bonds
a
Utility, Railroad and Industrial
Preferred Stocks
'
Common Stocks
—
j
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Mercantile Dallas
Dallas
Building
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1, Texas
II
Austin
Midland
Fort Worth
•
•
Odessa
Harlingcn
•
San Antonio
•
Underwriters
Tyler
•
Distributors
—
CORPORATION
Houston
•
AND
Fayetteville, Ark.
•
—
'
Lubbock
•
Dealers
MUNICIPAL SECURITIES
TRADING
MARKETS
Mr. & Mrs. Richard B. Walbert, Blyth A Co., Inc.,
IN
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LEADING
SOUTHWESTERN
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Houston
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TEXAS
INSURANCE
STOCKS
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Members
New
York Stock
American Stock
Alamo National
SAN
FORT
Exchange
A hi T
Exchange (Associate)
ANTONIO
Building
5,
TEXAS
WORTH
SAN
ANGELO
"■OH
Direct
Private
Wires
to
Carl^M. Loeb, Rhoades A Co., New York, First Southwest
and
Connecting Wires
to
Co., Dallas,
Principal Financial Centers
"Mrr'4 Mrs; Landon A. Frew, William N. Edwards A Co., Ft.
Worth; Mr. & Mrs. A. Gordon
Crockett, Crockett A Co., Houston
Volume 187
-
Number 5742
.
,,
The Commercial and Financial Chronicle
9,
qrk Sto ck
Extjiange
feTiuf
William M. Parks, Charles J. Eubank Co.,
Dallas;
Waco, Tex.; Clarence E. Sample, Mercantile National Bank,
Harry Ratliff, McClung A Knickerbocker, Houston; Milton Halpern, Rauscher, Pierce & Co.,
Inc., San Antonio; John Jay Fosdick, Eddleman-Pollok Co., Houston; Landon Cabell,
Television Electronics Fund, Inc., Dallas
Tfexas
UNDERWRITERS and DISTRIBUTORS
Complete Information
on
Southwestern
Issues!
Howard
Mays, Assistant Attorney General, Austin, Texas; Lewis Lyne, Mercantile National Bank,
Dallas; William C. Porter, Dittmar A Company, Inc., San ,Antonio; E. 0. Cartwright, Merrill Lynch,
Pierce, Fenner A Smith, Dallas; Rolfe W. Beaudry, Fridley, Hess A Frederking, Houston; E. W.
Franklin, Dittmar A Company, Inc., Dallas; Harold J. Silver, Municipal Securities Company, Dallas
For Firm Bids
J
on
Texas
Call, Wire
or
Municipals,
Write
Bond Department
REPUBLIC
NATIONAL BANK OF DALLAS
Rl 1-5587
TEL.
TWX-DL-418
Rl 1-5761
Wilbur Hess, Fridley, Hess A
Frederking, Houston; William P, Smallwood, First Southwest Company,
Dallas; Henry Lr Harris, Goldman, Sachs A Co., New York; Eugene D. Vineyard, Central
Company, Dallas; Earl G. Fridley, Fridley, Hess A Frederking, Houston
Investment
First Of Texas Corporation
w.
Wallace
Payne,
President
Texas Municipal Bonds
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Br
Chappell,
First
Boston
Corporation,
New
York; G. Shelby Friedrichs, Howard. Weil,
Labouisse, Friedrichs & Company, New Orleans; E. J. Altgelt, Harris Trust &
Edmund J. Wardellf Texas Fund Management Company9 Houston;
Goodbody A Co., Dallas
,
Savings Bank, Chicago;
Hugh Dunlap,
v
Suite 694*—201 No. St. Marys St.
SAN
*
William
7
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ANTONIO
'■
CApitol 7'9253
5, TEXAS
Teletype SA 13
*
The Commercial and Financial Chronicle
6
Firm Bids and
.
.
Thursday, May 15, 1958
Offerings
MUNICIPAL
TEXAS
Bond
j
Department:
BANK
NATIONAL
FIRST
.
DALLAS
Mr.
&
Mrs.
Abbett
The Bank Wire to
Telephone Rl
See
D.
A
Acheson
Keeler, Lord, Abbett A Co.,
Chicago; Arthur J. C. Underhill,
Co.,
Chicago; Mr. & Mrs. John G. Parker, Lord,
Arthur Wiesenberger A Co., New York
Principal Markets
8-5471
Teletype DL 94
•
Mercantile Man
a
about
III
TEXAS
m
A.
&
Ray Edsel, Smith, Barney A Co., Chicago; Mr. & Mrs. Robert D. Brown, Brown, Wareing, Ball
Co.,-HoustonAlec B. Stevenson, Vance, Sanders & Co., Nashville; Mrs. Russell R. Rowles;
Wareing, Brown, Wareing, Ball A Co., Houston; Russell R. Rowles, Rowles, Winston A Co.,
Houston; Mrs. Robert E. Moroney; George S. Haskell, Smith, Barney A Co., Chicago;
Robert E. Moroney, Moroney, Beissner A Co., Houston
William
Municipal Bonds
River side
MERCANTILE
NATIONAL
/
1-4181
BANK
I' Member Federal Deposit hjerofice
p
m
■NHpII
Corporation
Datto*, T«xa*
-
firm bids and offerings
Mr. & Mrs. Edwin J.
Markha'm,;tVertAer/rt A Co., Ntf* York; Anthony E. Tomasic, Thomas A Company,
Pittsburgh; William C. (Decker) Jackson,"Jr.,. First Southwest Company, Dallas; William P. Smallwood, First Southwest .Company, .Dallas;- Mrs*--William C.- Jackson, Jr.; Mrs. Anthony E. Tomasic;
Mrs. William P. Small wood; William B.
Chappell, First Boston Corporation, New York
TEXAS MUNICIPAL BONDS
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underwriters
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MUNICIPAL SECURITIES
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COMPANY
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investment bankers
GOO
FIRST
NATIONAL
DALLAS
,
BANK
2, TEXAS
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Telephone: Riverside 8-5081
BUILDING
.
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Teletype DL558
Mr.
R.
&
A.
Mrs.
John
Jay
Fosdick,
Eddleman-Polloh
Underwood_A Co.,'Ina, Dallas; Mr. & Mrs.
Dallas;
Mr. &
Mrs. Retmie Baker,
Co.,
Houston; Mr. & Mrs.. -R.< Gilderoy Tuclter,
Jack" C. Payne, Datlai 'Untoh Securities Company,
Rowles, Winston A Co., Houston
,
-
n
4
Voiume 187
Number 5742
.
.
.
The Contmercial and Financial Chronicle
One
of
important services to
our most
institutions and to individuals
■
I
I
I
U. S. GOVERNMENT,
STATE AND
MUNICIPAL BONDS
■
SAINT
H
Underhill, Arthur Wiesenberger A Co., New York; Gerard L. Regard, Texas Fund
Management Company, Houston; Leslie L. Lentz, Lentz, Newton A Co., San Antonio; Charles C.
Pierce, Rauscher, Pierce A Co., Inc., Dallas; Robert M. Ayres, Jr., Russ A Company, Inc., San Antonio;
Edmund J. Wardell, Texas Fund Management Company, Houston
Arthur
J.' C.
LOUIS
1, MISSOURI
New York Correspondent 14
Chicago Telephone to Bond Department
Wall Street
Dial 211 Request Enterprise 8470
OVER +OOO MILLION
RESOURCES
CORPORATE
AND
MUNICIPAL
SECURITIES
Fridley, Hess
&
Frederkiny
BANKERS
INVESTMENT
Members Midwest Stock
Boston; Joseph C. Kennedy, Bankers Trust Company,
York; Mr. & Mrs. Jack P. Brown, Dallas Union Securities Company, Dallas; T. E. Graham,
First National Bank, Ft. Worth; Mr. & Mrs. Walter Sorensen, Rotan, Mosle A Co., Houston
William
A.
Parker,
Parker Corporation,
Exchange
New
BANK
NATIONAL
TEXAS
HOUSTON
2,
TEXAS
Teletype HO 42
Telephone CApitol 8-8221
JOHN
WILLIAM
M. HAMILTON
BLDG.
S. HAMILTON
TEXAS MUNICIPAL BONDS
Underwriters
Local
—
Distributors
—
Dealers
Corporation Securities
Funds Shares
Mutual
Hamilton Securities Company
Kirby Bldff., Dallas 1; Texas V"
Corp.,
Houston;
Jack
Dillard,
Beecroft,
Cole
A
Co.,
Kansas
City, Mo.
Riverside 2-8733
—
!
Corporate Manager--A. K. Choate
Sanders
&
Company
Members New York Stock
REPUBLIC
NATIONAL
Mr. & Mrs. Russell
Co., New York City;
Exchange
BANK
Dallas
Taylor Almon, Rauscher, Pierce <£ Co., Inc., Dallas; Mrs. Charles Pierce, Dallas;
R. Rowles, Rowles, Winston A Co., Houston; David D. Lynch, Kidder, Peabody A
John P. Henderson, M. E. Allison A Co., Inc., San Antonio
: ; t
Bell Teletype —.DL 992
8734
BLDO.
The Commercial and Financial Chronicle
.
„
.
Thursday, May 15, 1958
Corporation and Municipal
Securities
Specialists in Texas Corporate
and
Municipal Securities
Dittmar & Company,
'
New
York Stock
-
Exchange
American Stock Exchange
Midwest Stock
201
N. St. Marys
.*«.
Members
(Assoc).
Exchange
Street, San Antonio 5, Texas
Telephone—CApitol 7-9311
Branch
Mr.
&
Mrs.
Tegeler
Teletype—SA 15
D.
&
Edward
Co., Los
Walton, Municipal Securities Company, Dallas; John C. Hecht,
DempseyAngeles; Mr. & Mrs. Edwin J. Markham, Wertheim & Co., New York
Office—Dallas
Direct Wire to Laurence M. Marks &
Co., New
York
\
Rotan, Mosle & Co.
I
\
MEMBERS
NEW
YORK
AMERICAN
STOCK
STOCK
EXCHANGE
EXCHANGE
OUR PRIMARY BUSINESS IS THE
RETAIL DISTRIBUTION OF
BETTER GRADE SECURITIES
Mr.
HOUSTON
GALVESTON
Direct
Private
Wires
&
Mrs. Lawrence Davis,
McClung & Knickerbocker, Houston; Mr. & Mrs. W. E.
Knickerbocker,
McClung & Knickerbocker, Houston; Mr. & Mrs.
Henry Beissner, Moroney, Beissner & Co., Houston
OF ALL TYPES.
BEAUMONT
'
to:
Clark, Dodge & Co., New York, Gregory & Sons, New York,
and leading Texas Cities.
Wayne
R. Benzing, Value
Shear son, Hammill &
Mr.
SCHNEIDER, BERNET
1505
ELM
&
&
Line
Fund
Distributors, Inc., New York; Mr. & Mrs. James D. Murphy,
John C. Hecht, Dempsey-Tegeler & Co., Los
Angeles;
Silver, Municipal Securities Company, Dallas
Co., Houston;
Mrs.
Harold
J.
HICKMAN, INC.
STREET
DALLAS. TEXAS
RIVERSIDE 8*1201
Teletype DL 286
Mr. & Mrs. Philip
'
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•' -
'
?
'
m*.;.
,
"
•
Mutr Investrnent
Mr.
&
McManus, New York Hanseatic Corporation, New York; Mr. A Mrs. Fred J.
Bolton,
Corp., San Antonio; Mr. & Mrs* Jake T. Martin, Mercantile
National Banh, Dallas;
Lucas, Fort Worth National Bank, Ft. Worth; Mr. & Mrs. W. G.
Inman,
John Nuveen A Co., 'Chicago
Mrs. William
Volume 187
Number 5742
.
.
.
The Commercial and Financial Chronicle
Dealers In
MUNICIPAL SECURITIES
THE
FIRST
711 HOUSTON STREET
NATION VI. BANK
FORT WORTH, TEXAS
fort
worth,
texas
& Mrs. Jack P. Brown, Dallas Union Securities Company, Dallas; Joseph M.
Luby, Commerce
Trust Company, Kansas City, Mo.; Mr. A Mrs. Neill T. Masterson, White, Masterson &
Co., Houston
Mr.
Mr. &
Mrs. John S. Weatherston, J. R.
Phillips Investment Company, Incorporated, Houston; Mr. A
Chicago; John L. Ahbe, Distributors Group, Inc., New York
Mrs. Samuel Sachnoff, First National Bank,
Established 1920
Dealers
and Brokers in
.
.
.
•
CORPORATION STOCKS AND BONDS
•
PUBLIC UTILITY PREFERRED AND
•
BANK
•
INSURANCE
•
TEXAS
COMMON
STOCKS
STOCKS
STOCKS
MUNICIPAL BONDS
DALLAS UNION SECURITIES COMPANY
Member Midwest Stock Exchange—- *
Associate Member American Stock Exchange
FORT WORTH, TEXAS
DALLAS, TEXAS
1001
ADOLPHUS TOWER
RIVERSIDE
TELETYPE:
Emmett A.
»
FT.
WORTH NATIONAL BANK BLDG.
EDISON 5-1247
1-9021
Corporate DL 390: Municipal DL 991
Eaton, New York Stock Exchange, New York; Arthur P. Quinn, Quinn A Co., Albuquerque,
Chicago; Mr. & Mrs. John G. Parker,
Lord, Abbett A Co., Chicago
'
N. Mex.; Mr. A Mrs. D. Acheson Keeler, Lord, Abbett A Co.,
Specializing in
Southwestern
Corporates and Municipals
Since 1919
MORONEY, BEISSNER & CO.
Investment Bankers'
Bank of the
Southwest. Bldg.' "
HOUSTON 2,
Mr.
A
Mrs. Edward Randall III, Rotan, Mosle A Co., Houston; Mr. & Mrs. Richard L. Bradley,
Equitable Securities Corporation, Houston; Mr. A Mrs. E. Kelly Brown, E. Kelly Brown
Investment Co., Dallas
TEXAS
The Commercial and Financial Chronicle
Underwriters
—
Distributors
—
.
.
.
Thursday, May 15, 1958
Dealers
Corporation and Municipal
Securities
Specialists in Texas Corporate
and
■ •
Municipal Securities
Dittmar & Company,
'
New
York Stock
Exchange
American Stock Exchange (Assoc).
Midwest Stock
201
Exchange
N. St. Marys Street, San Antonio
Telephone—CApitol 7-9311
Branch
Direct
.*<.
Members
5, Texas
Mr.
&
Mrs.
D.
Tegeler &
Teletype—SA 15
Edward Walton, Municipal Securities
Company, Dallas; John C. Hecht, DempseyCo., Los Angeles; Mr. & Mrs. Edwin J. Markham, Wertheim & Co., New York
Office—Dallas
Wire to Laurence M. Marks
& Co., New
York
Rotan, Mosle & Co.
1
\
/
I
MEMBERS
NEW
YORK
AMERICAN
STOCK
STOCK
EXCHANGE
EXCHANGE
OUR PRIMARY BUSINESS IS THE
RETAIL DISTRIBUTION OF
Mr. & Mrs. Lawrence
Davis, McClung & Knickerbocker, Houston; Mr. & Mrs. W. E. Knickerbocker,
McClung & Knickerbocker, Houston; Mr. & Mrs. Henry Beissner, Moroney, Beissner &
Co., Houston
BETTER GRADE SECURITIES
OF ALL TYPES.
HOUSTON
GALVESTON
Direct
Private
Wires
BEAUMONT
to:
Clark, Dodge & Co., New York, Gregory & Sons, New Yrrk,
and
leading Texas Cities.
Illllllllllllllllllllllllllllllllllllllllll
Wayne
R.
Benzing,
Shear son,
SCHNEIDER, BERNET
1505
ELM
&
Value Line Fund Distributors, Inc., New York; Mr. & Mrs. James D.
Murphy,
Hammill & Co., Houston; John C. Hecht, Dempsey-Tegeler &
Co., Los Angeles;
Mr. & Mrs. Harold J.
Silver, Municipal Securities Company, Dallas
HICKMAN, INC.
STREET
DALLAS, TEXAS
RIverside 8*1201
Teletype
*
dl
286
flHfl
Mr. &
Mrs. Philip McManus, New York Hanseatic
Corporation, New York; Mr. A Mrs. Fred J. Bolton,
Corp., San Antonio; Mr. & Mrs. Jake T. Martin, Mercantile National
Bank, Dallas;
& Mrs. William
Lucas, Fort Worth National Bank, Ft. Worth; Mr. & Mrs. W. G.
Inman,
John Nuveen & Co.,
'Chicago
Muir Investment
Mr.
Volume
187
Number 5742
.
.
.
The Commercial and Financial Chronicle
0
Dealers In
MUNICIPAL SECURITIES
THE FIRST
711 HOUSTON STREET
NATIONAL BANK
FORT WORTH, TEXAS
Mr.
&
Trust
WORTH,
FORT
TEXAS
Mrs. Jack P. Brown, Dallas Union Securities Company, Dallas;
Joseph M. Luby, Commerce
Company, Kansas City, Mo.; Mr. A Mrs. Neill T. Masterson, White, Masterson A Co., Houston
SeocaA
Mr. & Mrs. John S. Weathers ton, J. R. Phillips Investment Company, Incorporated, Houston; Mr. &
Mrs. Samuel Sachnoff, First National Bank, Chicago; John L. Ahbe, Distributors Group, Inc., New York
Established 1920
Dealers and Brokers
in
.
corporation stocks and bonds
public utility preferred and
common
bank
stocks
stocks
insurance
stocks
texas municipal bonds
DALLAS UNION SECURITIES COMPANY
Member Midwest Stock Exchange— *
Associate Member American Stock Exchange
FORT WORTH, TEXAS
DALLAS, TEXAS
1001
ADOLPHUS TOWER
RIVERSIDE
1-9021
FT.
•
WORTH
NATIONAL BANK BLDG.
EDISON 5-1247
1
TELETYPE: Corporate DL 390:
Municipal DL 991
Emmett A.
Eaton, New York Stock Exchange, New York; Arthur P. Quinn, Quinn A Co., Albuquerque,
N. Mex.; Mr. & Mrs. D. Acheson Keeler, Lord, Abbett A Co., Chicago; Mr. & Mrs. John G. Parker,
Lord, Abbett A Co., Chicago
Specializing in
Southwestern
*
Corporates and Municipals
Since 1919
MORONEY, BEISSNER & CO.
Investment Bankers
Bank of
thc| Southwest. Bldg.' "
HOUSTON 2,
Mr.
&
Mrs. Edward Randall III, Rotan, Mosle A Co., Houston; Mr. & Mrs. Richard L. Bradley,
Equitable Securities Corporation, Houston; Mr. A Mrs. E. Kelly Brown, E. Kelly Brown
Investment Co., Dallas
TEXAS
The Commercial and Financial Chronicle
.
.
.
Thursday,
May 15, 1953
mm
n
Cox, Harris Trust & Savings Bank, St. Louis; Sam J. Beard, Jr., Equitable Securities Corpo¬
Dallas; John S. Davis, Mercantile National Bank, Dallas; Clyde Hawkins, Rauscher, Pierce
Co., Inc., Houston; James L. Bayless, Rauscher, Pierce & Co., Inc., Houston; Edward T. Volz,
fv.
Rauscher, Pierce & Co., Inc., San Antonio
Clark
ration,
&
Underwood, Neuhaus
&
Co.
■
INCORPORATED
HOUSTON CLUB BUILDING
MEMBER-NEW
YORK
HOUSTON, TEXAS
•
EXCHANGE
STOCK
Copies of Candid Photos appearing in this issue
be purchased from
may
frcd
winchcll
3 955 richmond
photography
phone:
KE-3172
houston 6, texas
[fox—arfo:
cfo:
foxuzaKfo:
r
Arthur
*
☆
In
Specializing
New
P.
Nazro,,Parker Corporation, Dallas; Arthur J. C. Underhill, Arthur Wiesenberger & Co.,
Vernon J. Giss, Stephens, Inc., Little Rock; William G. Hobbs, Jr., Creston H. Funk,
Co., San Antonio; Irving Koerner, Allen <£ Company, New York; Creston H. Funk,
Creston H. Funk, Hobbs & Co., San Antonio
•
York;
Hobbs &
Texas Municipal
Bonds
☆
☆
We offer facilities
developed by many
of serving buyer and seller of these
securities. Offerings substantiated by
comprehensive portfolio of oug own
years
☆
☆
investigation.
Established 1923
☆
☆
McCLUNG & KNICKERBOCKER
505 Texas National Bank Building
HOUSTON
Bell
2, TEXAS
Teletype HO 298
CApltol 3-4583
☆
ILy c-
J-j3r
Richard
Philip
UNDERWRITERS
B.
D.
Walbert, Blyth & Co., Inc., Chicago; - C. Pharr
Baker, White, Weld A Co., New York; William
New York;
Avery Rockefeller, Jr., Domirtick
Duson, Rotan, Mosle & Co., Houston;
B. Chappell, First Boston Corporation,
& Dominick, New York
DEALERS
DISTRIBUTORS
Municipal and Corporate Securities
Specializing in
TEXAS ISSUES
MORELAND, BRANDENBERGER,
JOHNSTON & CURRIE
GALVESTON
J.
MARVIN
JACK
T.
MORELAND
CURRIE
Cotton
HOUSTON
JOHN
'•
W. BRANDENBERGER
DOUGLAS
E. JOHNSTON
Exchange Bldg.
GALVESTON, TEXAS
Bank of Southwest Bldg.
Telephone SOuthfield 3-2404
Bell Teletype—GL 7042
Telephone CApitol 7-2396
Bell Teletype—HO 952
HOUSTON, TEXAS
r
Mr.
&
Mrs.
Paul Fagin, National Association of Securities Dealers, Dallas; Mr. & Mrs. Thomas D.
Anderson, Texas Fund, Inc., Houston; Mr. &. Mrs. Harold S. Stewart, Harold S. Stewart & Company,
El Paso; Mr. &
Mrs. William M. King, Texas Securities Commissioner, Austin
Volume 187
Number 5742
.
.
a
The Commercial and Financial Chronicle
.
BROWN, WAREING, BALL & CO.
BANK
OP
THE
SOUTHWEST
BUILDING
HOUSTON
&
Mr.
Mrs.
Russell
E.
Siefert,
Stern
Guerin, & Turner, Inc., Dallas; Mr. &
Brothers
&
Co.,
Kansas
City,
Mo.;
Dean
P.
Guerin,
Eppler,
Mrs. John W. Coles, North American Securities Co., San Francisco
TE X AS
MUNICIPALS
CORPORATES
JEddleman
ddleman-JLollok
JEoh Co.
Bank of
the
Southwest
Building
HOUSTON 2, TEXAS
Teletype HO 261
Mr.
&
Mrs. Murray W. Moore, Murray W. Moore & Company, Dallas; Mr.
First Southwest Company, Dallas; Mr. & Mrs. George E. Barnett,
City Bank,
CApitol 8-1427
& Mrs. Winton A. Jackson,
Jr., First National
New York City
TE
X
WHITE, MASTERSON & CO.
Rusk
Building
HOUSTON
Bell
2,
TEXAS
Telephone
Teletype
CApitol 4-7643
HO 322
Frank
&
Burkholder,
Co., New
Vernon J.
York;
Equitable Securities Corporation, Nashville; Marquette de Bary, F. S. Smithers
Mr. & Mrs. Robert L. Creek, A. C. Allyn and Company, Incorporated, Chicago;
Rock; Mr. & Mrs. David Barnes, Ranson & Company, Inc.,
SINCE 1927
Giss, Stephens, Inc., Little
San
Antonio
RIBUTORS
722
HOUSTON
DIRECT PRIVATE
Sample, Mercantile National Bank, Dallas; Mr. & Mrs. Paul
Management Corp., Chicago; Mr. & Mrs. Harry Ratliff, McClung &
Clarence
E.
A. Just, Television Shares
Knickerbocker, Houston
CLUB
WIRES
NEW
BROKERS
HOUSTON,
BUILDING
TO
•
YORK
"*~T6~'DEWAR/ ROBERTSON'
TEXAS
HANSEATIC CORPORATION NEW YORK AND
*"*'
ft
PANCOASf"."SAN ANTONIO
The Commercial and Financial Chronicle
12
UNDERWRITERS
•
DISTRIBUTORS
.
.
.
Thursday, May 15, 1958
DEALERS
•
TEXAS
•
Municipal Bonds
•
Corporate Securities
Members Midwest Stock Exchange
TELEPHONE
CApitol 2-9944
TELETYPE
HO 395
Bill Lucas, Fort
Frank
Dallas;
&
BANK
1330
SOUTHWEST
OF THE
Worth National Bank, Ft. Worth; Manley A. Hagberg, Municipal Securities Company,
Austin, Jr., Walker, Austin A Waggener, Dallas; James W. Pope, Glore, Forgan
Clarence E. Crowe, McCall, Parkhurst & Crowe, Dallas; B. F. Houston,
Dallas Union Securities Company, Dallas
E.
Co., Chicago;
BLDQ.
HOUSTON 2, TEXAS
DEALERS
DISTRIBUTORS
UNDERWRITERS
TEXAS
MUNICIPAL BONDS
Murray W. Moore & Company
FIRST NATIONAL BANK BUILDING
DALLAS
Gus
St.
1, TEXAS
Phone Riverside 1-G475
Bell Teletype DL-160
Trading Markets
Nelson, Texas National Corp., San Antonio; Edward D. Jones, Jr., Edward D. Jones & Co.,
Louis; Joseph C. Kennedy, Bankers Trust Company, New York; Scanland Hilger, Dallas Rupe
& Son, Inc., Dallas; C. Willard Houser, American National Bank, Austin; W. Lewis Hart,
Austin, Hart & Parvin, San Antonio
Retail Outlets
TEXAS and SOUTHWESTERN
CORPORATE SECURITIES
Hauser, Murdoch, Rippey
ADOLPHUS
Bell
TOWER
Teletype—DL 99
•
DALLAS
Telephone
2,
Riverside
Direct Private Wire to New York
&
Co.
TEXAS
City
1-1686
Newell
S. Knight, Mercantile Trust Company, St. Louis; Tom
Ball, Jr., Brown, Wareing, Ball & Co.,
Houston; George S. Haskell, Smith, Barney A Co^ Chicago; Edward D. Muir, Muir Investment Corp.,
San Antonio; W. L. Nelson, Schneider, Bernet A Hickman, Inc., Dallas; Anthony E. Tomasic,
Thomas A Company, Pittsburgh
Frank
M.
Pinedo,
Securities A
Exchange Commission,
Houston;
Taylor
'Jlc'' Dallas; Earl G. Fridley, Fridley, Hess A Frederhing,
Rotan,
Mosle
A
Co., Houston;
*
Edward
H.
Keller, Texas
B.
Almon, Rauscher, Pierce
Edward Randall IIL
Corp., San Antonio
Houston;
National
Volume
187
Number 5742
.
.
.
13
The Commercial and Financial Chronicle
National Bank of Commerce Bldg., San Antonio 5, Texas
TELETYPE—SA 4
When
CApitol 4-5S48
Want
You
O N
municipals
texas
DEALERS
DISTRIBUTORS
UNDERWRITERS
Milton R.
Underwood, Underwood, Neuhaus & Co., Incorporated, Houston; Lewis F. Lyne, Mercantile
Bank, Dallas; Eugene D. Vinyard, Centred Investment Company, Dallas; John P. Henderson,
M. E. Allison & Co., Inc., San Antonio; Edward N. Gadsby, Chairman, Securities <£ Exchange Comvis-ion, Washington, D. C.; William C. (Decker) Jackson, Jr., First Southwest Company, Dallas,
President of the Investment Bankers Association of America: Tom R. Walker, Chairman of the Board,
Transcontinental Gas Pipe Line Corp., Houston
National
Corp.
Muir Investment
SAN ANTONIO 5, TEXAS
ST.
101N. ST. MARYS
Dallas 1, Texas
2501 Cedar Springs,
Branch Office:
Corporate
and
Municipal
Securities
Teletypes:
SA
Direct
<t
172
Wires
(Corporate)
to
SA
116
(Municipal)
Gregory & Sons, New
York
■;
Dealers
Distributors
Underwriters
Lentz, Newton & Co.
Members
New
Brud
Smith, Executive Secretary, Texas Group of I. B. A.; Gordon Calvert, Assistant General Council,
Bankers Association, Washington, D. C.; Taylor Almon, Rauscher, Pierce & Co., Inc.,
Dallas; John J. Fosdick, Eddleman-Pollok Co., Houston; Wilbur Hess, Fridley, Hess & Frederking,
Houston; B. F. Houston, Dallas Union Securities Company, Dallas; William C. Porter,
York
&
Company, Inc., San Antonio
Exchange (Assoc.)
Corporate and Municipal Securities
Alamo
investment
Dittmar
American Stock
Stock Exchange
SAN
Telephone:
National Building
ANTONIO 5, TEXAS
Bell Teletype: SA 45
CApitol 7-2361
Gregory & Sons Private Wire System
VICTORIA
SUBURBAN OFFICE
Petroleum
'/fly m
im
St.
Hlllcrest 5-1469
TAylor 4-3244
i
BRANCH
114 E. Constitution
Center
4i
Texas
National Corp.
Retail is Our Outlet
GUS NELSON
EDWARD H. KELLER
TRANSIT TOWER
Telephone CApitol 7-3401
Currie, M or eland, Brand enberger, Johnston dk Currie, Galveston; Miss Dorothy Leche; Mr. &
Douglas E. Johnston, Moreland, Brandenberger, Johnston & Currie, Houston; Mr. & Mrs. Jesse
Jack T.
Mrs.
Sanders, Sanders «ft Company, Dallas; Mr. & Mrs. Frank Austin, Walker, Austin & Waggener,
Mr. & Mrs. Robert R. Gilbert, Jr., Sanders & Company, Dallas
Dallas;
•
SAN ANTONIO 5,
TEXAS
Bdl T.letypa
SA U
The Commercial and Financial Chronicle
14
.
.
'
'
.
'
"
-
•
'
•
,
"
■■
/
.
.
•.
In Attendance at Texas
ABSI1IRE,
FRANCIS
CORDTS,
I.
Distributors
Distributors Group Inc.
York. N. Y.
Dallas,
New
GEORGE
ALDRICH,
The Parker
Harris
Corp.
St.
Massachusetts
Boston,
ALEXANDER,
TED
Texas Bank
O.
Crockett
Rauscher, Pierce & Co.,
Inc.
&
J.,
JR.*
Crockett
Company
McCall,
Savings
|
Bank
N. Y.
FRANK
E.,
Kidder, Peabody & Co.
Dallas
Dallas,
PHILIP
Galveston,
Inc.
D.
McClung
F.
Smithers
S.
New
York,
BALL, TOM, JR.*
Kansas
"
GEORGE
BARNETT,
E.,
New
New
JR.*
The First National Bank
of
New
SAM J.,
JR.*
Dunn
BEAUDRY, ROLFE W.
Fridley, Hess & Frederking
Houston, Texas
Russ &
A.,
New
R.
York, N. Y.
{
ESTES,
Texas
William
G.
Fort
Chicago, Illinois
Securities
Company
Co.
Dallas,
V>
Texas
Dallas,
Boston
New
Corp.
York
Clark
&
Bros.
San
Texas
Fort
Associates, Inc.
Texas
LYNE,
GUERIN, DEAN P.
Eppler, Guerin & Turner, Inc.
c
•
•«
York, New York
COBB, EDWARD D.
Schneider, Bernet, & Hickman, Inc.
Dallas, Texas
COLES, JACK
North American Securities Co.
San Francisco, Calif.
Denotes Mr. & Mrs.
■*.
Dallas,
Texas
New
LEWIS
New
National
Texas.Fund
Bank
Dominick
New
j
Si
ROTAN,
Dallas, Texas
Knickerbocker
Houston, Texas
*
J. P.
Houston, Texas 4
'
MARKHAM, EDWIN J.*
SANDERS, JESSE A.*
Corporation
New York
First
National
Chicago,
■
Mercantile
Dallas,
Bank
of
Chicago
Illinois
National
Houston, Texas
-
WILLIAMS, GRUNDY
Bank
Attorney General's Department
Dallas
of
Austin, Texas
Texas
WITHERS,
Wertheim Si Co.
Sanders Si Co.
New
Dallas, Texas
York, New York
Morgan Si Co., Inc.
York, New York
WEATHERSTON, JOHN S.*
.f
SAMUEL*
SAMPLE, CLARENCE E.
Rauscher, Pierce Si Co., Inc.
San Antonio4, Texas
New
J. R. Phillips Investment Co.
SACHNOFF,
•
& Sons
Texas
WARREN, EDWARD L.
Texas
ROWLES, RUSSELL R.*
Rowles, Winston & Co.
McClung ids
Edwards
Brown, Wareing, Ball Si Co.
ED*
Houston,
G.
Houston, Texas
Rotan, Mosle & Co.
,
A.
WAREING, WILLIAM A.*
JR.
Dominlck
Mcpherson, w. perry*
Merrill Lynch, Pierce, Fenner & Smith
Dallas, Texas
HALPERN, MILTON*
Chronicle.-
York, New York
HALL, GEORGE W.
Inc.
Management Co.
Houston, Texas
Houston,
McMANUS, PHILIP F.*
E. Pollock & Co.,
New York, New York
Co.
York, New York
HAGBERG, M. A.*
.Municipal Securities Co.
Dallas, Texas
Wm.
Dallas, Texas
WARDELL, EDMUND J.
ROCKEFELLER, AVERY,
York
EDWARD
Municipal Securities Co.
WARE, NATHANIEL*
McCLUNG, O. C.*
York,
York
Pipeline Co., Houston, Texas
REILLY, VINCENT
Commercial Si Financial
Mercantile, National Bank
New
B.*
GRAHAM
WALTON, D.
Knickerbocker
Si
Company
New York Hanseatic
RICHARD
President Transcontinental Gas
Texas
Fund Management
Houston, Texas »
City, Mo.
York,
Antonio, Texas
New York, New
Texas
Kidder, Peabody & Co.
New
Merrill Lynch, Pierce, Fenner & Smith
Houston, Texas
Dallas, Texas
Lehman Brothers
Texas
GRUBBS, J. BRYAN*
HI*
First National Bank of Dallas
COAKLEY, VINCENT P. JR.
Worth,
Texas
WALKER, TOM
REGARD, GERARD, L.
LYNCH, DAVID D.
of Fort Worth
of
Gregory & Sons
Dallas,1 Texas
Fort Worth, Texas
'
Bank
Co.
Texas
WALKER,
RAUSCHER, JOHN H„ JR.*
Rauscher, Pierce Si Co., Inc.
LUBY, JOSEPH M.
Trust
D.
Chicago, Illinois
Co.
QUINN, ARTHUR P*
Quinn Si Company
McClung
DAVID s.
Haupt & Co.
Dallas, Texas
Kansas
EUGENE
Investment
Blyth Si Co., Inc.
Rotan, Mosle Si Co.
Co.
LUCAS, BILL*
The Fort Worth
Co.
York. New York
WALBERT,
Houston, Texas
Si
ARTHUR J.
Wiesenberger &
RATLIFF, HARRY*
Antonio, Texas
Commerce
San
Inc.
Boston, Massachusetts
Houston,
Inc.
Rauscher, Pierce & Co., Inc.
RANDALL, EDWARD III*
Ira
Hutzler
&
GRAHAM, T. E.
First National
Inc.
LENTZ, LESLIE L.
Newton
Co.,
Si
New
& Co.,
VOLZ, EDWARD T.
Albuquerque, New Mexico
Co.,
I.OBDELL,
Goldman, Sachs Si Co.
Louis, Mo.
Salomon
Si
New York. New York
Lentz,
GRAFF, JOSEPH C.
CLAYTON, JOHN B.
*
C.
St.
Lypch, Pierce, Fenner & Smith
CLARK, JOEL H.*
New
Washington, D.
GLASER, WILLIAM C.
York
Dain
M.
laughlin, e. budd*
Harry Downs & Co.
Stephens, Inc.
Little Rock, Arkansas
CHAPPELL, WILLIAM B.
*
C.
GISS, VERNON J.
E. O.
Dallas, Texas
,
E.
Sanders & Company
Merrill Lynch, Pierce, Fenner & Smith
Texarkana,
S.
GILBERT, ROBERT R., JR.*
Washington, D. C.
Joel H.
J.
Minneapolis, Minn.
Massachusetts
Chairman
GORDON
General Counsel, I. B. A.
York,
LAU, WILLIAM J.
Howard, Inc.
W.
Antonio, Texas
Estabrook
GILDEROY*
Texas
Dallas,
PRATT, MARSAM B.
CROIX, ROGER C.
Paine, Webber, Jackson Si Curtis
Chicago, Illinois
Antonio, Texas
Boston,
San
&
R.
Central
Co.
PORTER, WILLIAM C.
Dittmar
Co.
R. A. Underwood
VINYARD,
W.*
Illinois
Chicago,
Council
Advisory
UNDERHILL,
Forgan & Co.
Glore,
LA
GADSBY, EDWARD
CALVERT,
First
Orleans, La.
Eaton &
Chicago, Illinois
New
Co.
JAMES
POPE,
J.*
Rauscher, Pierce Si Co., Inc.
San
Antonio, Texas
FURBER, DONALD E.
BURKHOLDER, H. FRANK
Equitable Securities Corporation
Nashville, Tenn.
The
&
TUCKER,
Dallas,
Houston, Texas
Mo.
Allen & Company
New York
G.
S.
ARNOLD
LEWIS
Eddleman-Pollok
Co.
Howard, Weil, Labouisse,
San
Bacon, Whipple & Co.
Louis,
KOCUREK,
FUNK, CRESTON H.
Creston H. Funk, Hobbs & Co.
BUCHAN, ANDREW D.
New
St.
G.*
Trust
KQERNER, IRVING
New
Wareing, Ball &
Houston, Texas
Mercantile
SHELBY
Friedrichs
D.*
Brown,
Co.
Texas
EARL
FRIEDRICHS,
D&llas, Texas
Merrill
Worth,
KNIGHT, NEWELL
&
Houston, Texas
BROWN, JACK P.*
ROBERT
Edwards
Texas
Texas
POLLOK,
Company
Pittsburgh, Pa.
Fort Worth, Texas
McClung & Knickerbocker
Houston, Texas
K.*
Texas
Thomas Si
New York
PINEDO, FRANK M.
Securities & Exchange Commission
Illinois
W.
Trust
TOMASIC, ANTHONY E.*
Arthur
Corp.
Company
Illinois
Municipal
PHILLIPS, JESSE R„ JR.
J. R. Phillips Investment Company,
Dallas,
PHILIP
Northern
Austin,
Rauscher, Pierce & Co., Inc.
Boston
Si
TINSLEY, BUCK
PIERCE, CHARLES C.*
KNICKERBOCKER, W. E.*
Frederking
Fridley, Hess Si Frederking
,
CECIL, O.
N.
FRIDLEY,
BROWN, E. KELLY*
E. Kelly Brown Investment Co.
Dallas, Texas
•
•
CART WRIGHT,
Si
FREEAR, LAN,DON A.*
Blyth & Co., Inc.
BROWN,
Chicago,
Houston, Texas
Chicago, Illinois
JAMES
Hess
First
ROGER*
Winston
Chicago,
Texas
York,
HAROID S.*
Company
Incorporated, .Houston,
Austin, Texas
The
Inc.
FREDERKING, WILBUR H.*
Fridley,
M.*
KIRTLEY, ARTHUR E.
&
Company,
Dallas, Texas
(BOB)*
New
Pancoast
&
Texas
WILLIAM
The
AUGUSTUS W.
Phelps, Fenn Si Co.
A.*
B.
Houston, Texas
SWIiiET,
PHELPS,
York
Arkansas
ALEC
Texas
Rowles,
Waco, Texas
First of Texas Corp.
San Antonio, Texas
Attorney General Office
!
FRANKLIN, ED. W.*
John Nuveen & Co.
Antonio,
M.*
Antonio, Texas
Dallas,
Rock,
El Paso,
PAYNE, W. W.*
Co.
New
CRESTON
San
Houston, Texas
Dittmar
Y.*
Dewar, Robertson
KING,
Co.
Trust
York,
KING,
Eddleman-Pollok
L.*
Houston, Texas
Union
New
>
Dallas, Texas
Equitable Securities Corporation
Dallas
Bankers
Co.
FOSDICK, JOHN JAY*
RICHARD
JOHN
Little
T.
Inc.
STOTLER,
PAYNE, JACK C.*
Dallas Union Securities
KENNEDY, JOSEPH C.
National Association of Securities Dealers
BRANDENBERGER, JOHN W.*
Moreland, Brandenberger, Johnston &
Currie, Houston, Texas
BROPHY,
Eubank
San
Searls
Harold S. Stewart & Co.
A.
PAWEL, THOMAS E.*
Lentz, Newton & Co.
H.
&
Vance, Sanders & Company
Mass.
WILLIAM
Weems
JACK
Stephens,
STEWART,
Charles J. Eubank Co.,
White, Weld & Co.
Chicago, Illinois
FAGAN, PAUL J.*
Vinson, Elkins, Weems & Searls
R.
KENNEDY,
(BILL)
Waco, Texas
Houston, Texas
R.
J.
EDWARD
E.
Elkins,
Nashville. Tennessee
WILLIAM
Boston,
PARKS,
Corp.
San Antonio, Texas
EUBANK, CHARLES J.*
Charles
Corp.
National
Texas
Edwards, Inc.
Dallas, Texas
BOUIDIN, VICTOR W.
BRINKER,
KELLER,
Institute
Inc.
The Parker Corp.
Management
Lord, Abbett Si Co.
Chicago, Illinois
ANDREW
DR.
Co.,
Abbett & Co.
Chicago, Illinois
A.*
Shares
W.
Vinson,
STEVENSON,
Si
Lord,
PARKER,
W.
Houston, Texas
STEPHENS,
PARKER, JOHN G.
D. ACHESON*
KEELER,
Schreiner
H.
E.*
Chicago, Illinois
Illinois
B.
PAUL
Inc.
Co.,
Texas
Houston,
Brandenberger,
Television
R. J.
J.*
BOOTHMAN, CLAUD O.*
Dumas, Huguenin and Boothman
Dallas, Texas
BRADLEY,
JUST,
t
Exchange
Kerrville, Texas
Inc.
Muir Investment Corp.
San Antonio,
City
President,
Line Fund Distributors,
FRED
Stock
York
EDINGTON,
Louis, Mo.
Johnston & Currie
EMMETT
York
New
&
C.
OWEN, GENE*
Rauscher, Pierce
& Co.
Houston, Texas
New
Chicago,
San Antonio, Texas
D., JR.*
Jones
Moreland,
Neuhaus
R.
SPENCE, ROBERT
STAPP,
^
Nongard, Showers Si Murray, Inc.
Chicago, Ilinois
Texas
JOHNSTON, DOUGLAS
Smith, Barney & Co.
DELTON, JR.
Creston H. Funk, Hobbs & Co.
BOLTON,
St.
Inc.
PHILIP R.
NONGARD,
Company
W.
Weems &, Searls
Texas
Austin, Texas
Co.,
"
Houston, Texas
EDWARD
Edward D.
F.DSEL, RAY A.
BENNETT,
WAYNE
Dallas,
JONES,
Houston,
Gibson, Spence & Gibson
Texas
Underwood,
Company
Texas
GEORGE
Vinson, Elkins,
Corp.
Texas
NEUHAUS,
Texas
Southwest
First
Si
EATON,
Company, San Antonio, Texas
(DECKER)*
JACKSON, WINTON A.*
Houston, Texas
JR.*
HENRY*
Moroney, Beissner & Co.
Houston, Texas
Value
York
DUSON, C. PHARR*
Rotan, Mosle & Co.
BEISSNER,
BENZING,
New
National
Antonio. Texas
Houston,
Southwest
Dallas,
Company
Houston, Texas
Dallas, Texas
WILLIAM
First
L.
DUNN, J.
Equitable Securities Corp.
BEINHORN,
York,
Co.
&
Houston,
SPARKS,
NEUHAUS, JOSEPH R.*
Underwood, Neuhaus Si
(BILL)*
G.
Illinois
JACKSON, W. C., JR.
DUNLAP, HUGH D.
Goodbody & Co.
Dallas, Texas
York
York, N. Y.
BEARD,
Missouri
DRUMMOND, KENNETH
Calvin Bullock, Ltd.
Inc.
San Antonio. Texas
City,
W.
Nuveen
Chicago,
Co.
Rotan, Mosle & Co.
GUS
Dallas,
(BRUD)
Group I. B. A.
SORENSEN, WALTER*
NELSON, W. L. JACK
Schneider, Bernet & Hickman, Inc.
(DOC)*
Securities Co.
Texas
Dallas,. Texas
P.
Texas
Bank
Texas
INMAN,
John
Beecroft Cole Si
.
DAVI.D*
Co.,
Dallas,
Texas
Parker
San
F.
B.
Union
Dallas
York
New
.
National
"
Southwest Co.
SMITH, R. B.
D.*
NELSON,
J.*
Texas
Dallas,
ARTHUR*
Corp.
Boston, Massachusetts
The
Texas
HOUSTON,
DILLARD, JACK*
Brown, Wareing, Ball & Co.
Texas
Austin,
First
Investment Corp.
Antonio, Texas
NAZRO,
WILLARD
C.
American
Co.
Si
San
Texas
HOUSER,
MARQUETTE
DeBARY,
Houston, Texas
&
Dallas,
Bank
E.
Muir
Texas
HORTON, PAUL B.*
McCall, Parkhurst Si Crowe
& Knickerbocker
Texas
Houston,
BAKER, ROBERT II.*
Rowles, Winston & Co.
Ranson
Texas
DAVIS, LAWRENCE*
White, Weld & Co.
New York, N. Y.
Antonio,
San
Dallas,
MURPHY, JAMES D.*
Shearson, Hammill & Co.
MUIR,
HAROLD
SMALLWOOD, WM. P.*
JON L.*
Houston, Texas
York, New York
WILLIAM G., JR.
Creston H. Funk, Hobbs & Co.
Co.
DAVIS, JOHN S.*
Republic National
Dallas, Texas
,
v.
■
HOBBS,
...
DARST, H. W.
JR.*
S.
E.*
Co.
&
Missouri
Municipal Securities Co.
Houston, Texas
Co.
RUSSELL
City,
SILVER,
E.*
ROBERT
Co.
Mo.
Brothers
Kansas
Rotan, Mosle Si Co.
Inc.
Louis,
Stern
Houston, Texas
Texas
&
J.
Company
Texas
SIEFFERT,
Texas
MOSLE,
Rupe Si Son,
&
Walker Si
H.
G.
St.
Moroney, Eeissner Si Co.
Frederking
Texas
Wertheim
New
Louis Pauls &
Dallas,
MORONEY,
SCANLANI)*
HILSON, JOHN
T.
Brandenberger, Johnston
Currie
Si
V Russ and Company,
San Antonio, Texas
York
New
Buyer
W.
SHEPLEY, JOHN
\
,
MURRAY*
Murray W. Moore Si Co.
Co., Inc.
Si
Hess
Houston,
Galveston, Texas
JR.*
AYRES, ROBERT M.,
Fridley,
HILGER,
York, New York
Houston,
MOORE,
Antonio, Texas
New
York,
&
Bond
New
Shawell
Houston, Texas
California
Allison
E.
Department
Mosle & Co.
Rotan,
HESS, WILBUR E.*
Parkhurst & Crowe
Moreland,
Austin & Waggener
BARNES,
M.
San
The
SIIAWELL,
WILLIAM*
AIINAR,
HENDERSON, JOHN P.
Texas
CURRIE, JACK
W. J. JR.
Dallas, Texas
Houston,
&
Texas
A.
C. Allyn Si Co.
Chicago, Illinois
C.
JOHN
Los Angeles,
CLAUDE T.*
Nashville, Tennessee
BAKER,
Company
Texas
CUNNINGHAM, FRANCIS J.
Equitable Securities Corporation
Walker,
HECHT,
Texas
SHANKS, WILLIAM S.
Inc.
Co.,
MILLER, SANFORD C.
Dempsey-Tegeler & Co.
CROCKETT,
Dallas,
ERNEST
Trust
AUSTIN,
1
Neuhaus &
Attorney General's
Austin, Texas
Dallas, Texas
CROWE, CLARENCE E.*
Houston, Texas
ANDERSON,
,
Houston,
MAYS, HOWARD
HATCHER, MAURICE M.*
First National Bank in Dallas
L.*
Houston, Texas
ALSBURY, E. A.*
Merrill Lynch, Pierce, Fenner & Smith
Harris
Si
Houston,
B.*
Dallas, Texas
New York,
ROBERT
Houston,
Texas
JOHN R„ Jr.
Securities Si Exchange Commission.
Bank
THOMAS W., Ill*
Underwood,
Illinois
Chicago,
CROCKETT, A. GORDON*
TAYLOR
ALTGELT,
Savings Bank
Si
Antonio,
National
Texas
MASTERSON,
HASKELL, GEORGE S.
Smith, Barney & Co.
Mo.
Allyn & Co.
Chicago, Illinois
H.
Dallas.
York
New
.
SCOTT,
MARTIN, JAKE*
Mercantile
San
C.
A.
Regional Administrator, Securities and
Exchange Commission, Fort Worth, Texas
ALMON,
Trust
Louis,
CREEK,
R.
& Trust Co.
Dallas, Texas
ALLRED,
Inc.
Group
Texas
•
New
W. LEWIS*
Austin, Hart & Parvin
COX, CLARK
D.
'
•
-
Goldman, Sachs Si Co.
York,
Thursday, May 15, 1958
.
Group IBA Meeting
HART,
B., JR.*
CORNELL, JOHN
L.
JOHN
Texas
Beaumont,
Texas
Houston,
AHBE,
_
HARRIS, HENRY L.
G.»
EDWIN
Mosle & Co.
Rotan,
Moroney, Beissner & Co.
*
;
.
.
*
.•R_ S.
P. T.,
Dickson
Charlotte,
N.
JR.
&
C.
Company,
\
Inc.
Volume 187
Number 5742
.
.
.
The Commercial and Financial Chronicle
15
Murray W. Moore, Murray W. Moore A Company, Dallas; Kenneth Drummond, Calvin Bullock, Ltd.,
St. Louis; Milton R. Underwood, Underwood, Neuhaus A Co., Incorporated, Houston;
Ed Rotan,
Rot an, Mosle A Co., Houston; Edwin J. Markham, Wertheim
A Co., New Yrrk
Chsurles
C. Pierce, Rauscher, Pierce A Co., Inc., Dallas;
Dallas;
Mrs. Winton A. Jackson,
Russell R. Rowles, Rowles, Winston A Co., Houston; Francis J.
Cunningham, Kidder, Peabody A Co., New York
For Texas
Securities
Remember
Wilbur
A
H. Frederking, Fridley, Hess A Frederking, Houston; Harold S. Stewart, Harold S. Stewart
Company, El Paso; John Shepley, G. H. Walker A Co., St. Louis; Robert R. Gilbert, Jr., Sanders
A Company,i Dallas; Maurice M. Hatcher, First National Bank, Dallas; W. Perry McPherson,
Merrill Lynch, Pierce, Fenner A Smith, Dallas
DR&P
I—
Xbewab, R
^emeoadf
&
MEMBERS
NEW YORK STOCK EXCHANGE-AMERICAN STOCK EXCHANGE (ASSOC.)
Ill
SOLEDAD
AUSTIN
STREET.
SAN
•
SAN
ANTONIO 5. TEXAS
ANGELO
SAN
•
ANTONIO
Creston H. Funk, Hobbs 6? Go.
Members Midwest Stock
UNDERWRITERS
'
DEALERS
'
Exchange
DISTRIBUTORS
Corporate and Municipal Securities
Mr.
St.
&
Mrs. Lewis
Louis;
Ernest
Trading Markets
Poll ok, Eddleman-Pollok Co., Houston;
J.
Altgelt,
Jr.,
Harris
Clark Cox, Harris Trust A Savings Bank,
Trust A Savings Bank, New York; Edward L. Warren,
Newell S. Knight, Mercantile Trust Company, St. Louis
J. P. Morgan A Co., Incorporated, New York;
in
Texas and other Southwestern Securities
Frost National Bank
San
CApitol 7 6215
Bldg.i
Teletype SA-11
Antonio, Texas
FIRM
RETAIL MARKETS
BIDS
MUNICIPAL BONDS
OVER-THE-COUNTER STOCKS
Austin, Hart & Parvin
MEMBERS MIDWEST STOCK EXCHANGE
USAA Bldg.
SAN
Phone
TAylor 4-2493
Direct and
Philip R. Neuhaus, Underwood, Neuhaus A Co., Incorporated, Houston $ Avery Rockefeller, Jr.,
Dominick A Dominick, New York City; Mr. & Mrs. Joseph R. Neuhaus, Underwood, Neuhaus A Co.,
Incorporated, Houston; Mr. & Mrs. Jobn H. Rauscher, Jr., Rauscher. Pierce A Co., Inc., Dallas;
Walter Sorensen, Rotan, Mosle A Co., Houston; Philip D. Baker, White, Weld A Co., New York
4119 Broadway
ANTONIO, TEXAS
Bell Teletype SA 71
Connecting Wires to
Dallas, Houston, Chicago, New York and Los Angeles
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